Franklin Liberty is selling at 21.58 as of the 28th of November 2024; that is 0.28 percent increase since the beginning of the trading day. The etf's open price was 21.52. Franklin Liberty has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Franklin Liberty Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade corporate debt securities and investments. Liberty Investment is traded on NYSEARCA Exchange in the United States. More on Franklin Liberty Investment
Marc Kremer, Shawn Lyons, Thomas Runkel, Pururav Thoutireddy
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
31-Mar
Exchange
NYSE Arca, Inc.
Number of Constituents
203
Market Maker
Jane Street
Total Expense
0.35
Management Fee
0.35
Country Name
USA
Returns Y T D
3.23
Name
Franklin Liberty Investment Grade Corporate ETF
Currency Code
USD
Open Figi
BBG00DVZWNP6
In Threey Volatility
9.45
1y Volatility
8.64
200 Day M A
21.3782
50 Day M A
21.6869
Code
FLCO
Updated At
27th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
(0.65)
Franklin Liberty Investment [FLCO] is traded in USA and was established 2016-10-03. The fund is listed under Corporate Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Corporate ETFs. Franklin Liberty Inv currently have 578.61 M in assets under management (AUM). , while the total return for the last 3 years was -2.1%.
Check Franklin Liberty Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin Liberty Investment Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Liberty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Franklin Liberty Inv offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Liberty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Liberty Investment Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Liberty Investment Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Investment. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Franklin Liberty Inv is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.