FLHYFranklin Liberty High Yield Corporate ETF
FLHY Fund Description
FLHY is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income, with capital appreciation as a secondary goal.
FLHY Factset Analytics Insight
FLHY has broad leeway in fulfilling its mandate for high income. The fund may hold any kind of high-yield corporate debt, from issuers in any geography (including emerging markets), denominated in any currency. The fund may also use OTC derivatives to gain exposure to high-yield debt, increase liquidity, hedge currency exposure, or for other hedging purposes. The fund’s active manager uses a bottom-up research process, including independent credit analysis, to identify attractive investment opportunities.
FLHY MSCI ESG Analytics Insight
Franklin Liberty High Yield Corporate ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.45 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 High Yield Corporate ETF ranks in the 18th percentile within its peer group and in the 84th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FLHY Summary Data
FLHY Portfolio Data
FLHY Index Data
FLHY Portfolio Management
FLHY Tax Exposures
FLHY Fund Structure
FLHY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLHY. FLHY is rated a N/A out of 5.