FLCBFranklin Liberty U.S. Core Bond ETF
FLCB Fund Description
Actively-managed FLCB holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporates. Managers aim for similar risk traits to the Agg index.
FLCB Factset Analytics Insight
FLCB offers “Agg-like” exposure with active management. It explicitly aims for performance within 50 to 100 bps of the Bloomberg U.S. Aggregate Bond Index, with similar sector, credit and rate risk. Thus the portfolio at any time is likely dominated by Treasurys, MBS and US corporates. The managers aim to add value with top-down evaluation of macro conditions and bottom-up analysis of sectors, industries and issuers. While active management is the norm for bond ETFs from this issuer, most competing broad US IG bond ETFs track indexes. The fund’s “benchmark aware” approach seems built for core allocation, so active FLCB competes with directly with passive Agg-tracking ETFs.
FLCB MSCI ESG Analytics Insight
Franklin Liberty U.S. Core Bond ETF has an MSCI ESG Fund Rating of A based on a score of 5.91 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Franklin Liberty U.S. Core Bond ETF ranks in the 43th percentile within its peer group and in the 21st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FLCB Summary Data
FLCB Portfolio Data
FLCB Index Data
FLCB Portfolio Management
FLCB Tax Exposures
FLCB Fund Structure
FLCB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLCB. FLCB is rated a N/A out of 5.
FLCB Sector/Industry Breakdown
FLCB Top 10 Holdings[View All]
FLCB Top 5 Countries
FLCB Top 5 Currencies