FTSD

Franklin Liberty Short Duration U.S. Government ETF
CLOSING PRICECHANGE (%)VOLUME
$96.44-- (--)4.79K
4:00:00 p.m. (ET) 09/21/2017
PRE-MARKET SESSION
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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B

50
  • Overview
  • Efficiency
  • Tradability
  • Fit

FTSD Fund Description

The Franklin Liberty Short Duration U.S. Government ETF is an actively managed fixed-income ETF that aims for a targeted duration of less than 3 years by investing in short-term debt securities issued or guaranteed by the US government.

FTSD FactSet Analytics Insight

Actively-managed FTSD focuses on the shorter end of the yield curve for US government debt. It currently stands in stark contrast to our benchmark with respect to maturity breakdown and sector composition. The fund primarily invests in MBSs (ARMs) issued or guaranteed by the US government, Treasurys and TIPS, which our benchmark ignores entirely. Due to the early repayment nature of most MBSs, portfolio maturity is rather overstated. Overall, since FTSD is an actively-managed fund, its exposure can change quickly. FTSD's liquidity is rather lacking: the fund trades very little on most days, and spreads can be sizeable. Underlying liquidity is a bit stronger, however. As an actively managed fund, FTSD's holding costs can be tricky to assess. It charges a typical fee for active funds, but it's a lot more expensive than passive short-term US government bond funds, and shows a fair bit of volatility next to neutral market exposure.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FTSD Summary Data

11/05/13
Open-Ended Fund
0.30%
$130.21 M
$1.55 M
0.04%

FTSD Portfolio Data

1.1
6.09 Years
1.63%
09/29/17
355

FTSD Index Data

No Underlying Index
Proprietary
Proprietary
Barclays 1-3 Year Government Index

Related ETFs to FTSD

VGSH
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FTSD Portfolio Management

0.30%
--
--
--

FTSD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FTSD Fund Structure

Open-Ended Fund
No
No
0%% / 100%
N/A
N/A
Low
Daily
Bats Book Viewer
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 09:24:58
Daily Spread
Premium/Discount
Volume

FTSD FactSet Analytics Block Liquidity

As of 09/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FTSD. FTSD is rated a 4 out of 5.

FTSD Tradability

16,029
$1.55 M
3,891
$375.22 K
0.04%
$0.04
0.03%
0.31% / -0.53%
None
100.00%
25,000
0.16
0.02%
--
--
$96.42
4

FTSD Performance Statistics

0.44
0.40
0.29
0.47
0.04%