Franklin Short Duration U.S. Government ETF (FTSD)
Franklin Short Duration U.S. Government ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $89.08, up 0.15% on the session, giving a market capitalisation of $290.6M. Its beta of 0.17 implies it has historically moved less than the broad market.
The fund aims to generate a substantial current income stream while diligently safeguarding investors' principal. It achieves these objectives by committing a minimum of 80% of its total assets to debt instruments either directly issued or explicitly backed by the U.S. government, its various agencies, or associated entities. A core characteristic of its investment strategy is maintaining an average portfolio duration of three years or less, emphasizing shorter-term holdings.
Franklin Short Duration U.S. Government ETF is most often compared with the following Financial Services names: