What is FLUD?

FLUD is an actively managed fund of broad investment-grade, ultra-short term bonds.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLUD 0.07% 0.80% 0.74% 1.75% -- -- --
FLUD (NAV) 0.17% 1.05% 0.97% 1.92% -- -- --
No Underlying Index -- -- -- -- -- -- --
ICE 0-1 Year US Corporate & Government Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLUD Factset Analytics Insight

FLUD covers a broad array of bonds, and investments with exposure to bonds, in the ultra-short maturity space with the goal of providing consistent current income and capital preservation. The securities that the fund holds are mixture of fixed and variable rate debts mainly from the US but also from other developed and emerging markets. Securities include those issued by governments and corporations, money market, MBS and ABS, and municipal bonds. FLUD may also hold interest rate/bond futures contracts and interest rate swaps, allowing the fund for net long or short exposures to select interest rates or durations. These holdings are actively selected from various sectors based on the fund manager’s top-down analysis of macroeconomic trends and bottom-up analysis of market sectors, industries and issuers condition. A proprietary quantitative models are also used to identify trading opportunities. The fund focuses on the investment-grade securities to hedge credit risk and helps with capital preservation. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Ultra Short Bond ETF.

FLUD Summary Data

07/14/20
0.15%
$3.68M
No Underlying Index
ICE 0-1 Year US Corporate & Government Index
Open-Ended Fund

Peers

ICE 0-1 Year US Corporate & Government Index

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

FLUD Portfolio Data

0.34
--
5.37%
N/A
--

FLUD Index Data

No Underlying Index
Proprietary
Proprietary
ICE 0-1 Year US Corporate & Government Index

FLUD Portfolio Management

0.15%
--
--
--

FLUD Tax Exposures

20.00% / 39.60%
0.02%
Ordinary income
No

FLUD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

Factset Analytics Block Liquidity

As of 03/24/23

This measurement shows how easy it is to trade a $1 million USD block of FLUD. FLUD is rated a N/A out of 5.

FLUD Tradability

4,194
$102.41K
52
0
0.25%
$0.06
0.00%
0.18% / -0.28%
None
100.00%
50,000
0.00
0.04%
--
0
$24.55
N/A

FLUD Sector/Industry Breakdown

FLUD Segment
Benchmark
44.02% --
38.47% --
6.82% --
3.99% --
2.68% --
1.36% --
1.33% --
1.32% --

FLUD Top 10 Holdings

38.47%
4.10%
4.09%
4.09%
4.09%
4.08%
4.08%
4.06%
2.73%
2.72%
72.51%

FLUD Performance Statistics

--
--
--
--
--

FLUD Top 5 Countries

FLUD Segment
Benchmark
80.86% --
10.86% --
5.46% --
1.82% --
1.01% --

FLUD Top 5 Currencies

FLUD Segment
Benchmark
80.86% --
10.86% --
5.46% --
1.82% --
1.01% --

FLUD Avg Life Maturity Distribution

64.06%
25.14%
10.80%
--
--
--
--
--
--

FLUD OAS Breakdown

49.55%
50.45%
--
--
--
--
--
--
--
--
--

FLUD Holdings Statistics

0.85 years
0.34
5.37%
0.80
--
--
0.81%