Franklin Liberty High Etf Profile
| FLHY Etf | USD 24.23 0.08 0.33% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Franklin Liberty is trading at 24.23 as of the 28th of November 2024; that is 0.33 percent increase since the beginning of the trading day. The etf's open price was 24.15. Franklin Liberty has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Franklin Liberty High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 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 high yield corporate debt securities and investments that provide exposure to high yield corporate debt securities. Franklin Liberty is traded on BATS Exchange in the United States. More on Franklin Liberty High
Moving together with Franklin Etf
Franklin Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, High Yield ETFs, High Yield Bond, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2018-05-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 597.99 Million |
| Average Trading Valume | 209,824.3 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisers, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | Glenn I. Voyles, Patricia OConnor, Jonathan G. Belk, Thomas Runkel, Pururav Thoutireddy |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 256 |
| Market Maker | Jane Street |
| Total Expense | 0.4 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 9.13 |
| Name | Franklin Liberty High Yield Corporate ETF |
| Currency Code | USD |
| Open Figi | BBG00L2CL634 |
| In Threey Volatility | 8.23 |
| 1y Volatility | 5.38 |
| 200 Day M A | 23.8545 |
| 50 Day M A | 24.2195 |
| Code | FLHY |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.02) |
Franklin Liberty High [FLHY] is traded in USA and was established 2018-05-30. The fund is listed under High Yield Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Corporate ETFs. Franklin Liberty High currently have 221.75 M in assets under management (AUM). , while the total return for the last 3 years was 4.1%.
Check Franklin Liberty Probability Of Bankruptcy
Geographic Allocation (%)
Franklin Liberty Top Holders
| FLRQX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FTCZX | Franklin Servative Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| FLROX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FBRLX | Franklin Lifesmart Retirement | Mutual Fund | Target-Date Retirement | |
| FTRTX | Franklin Lifesmart 2025 | Mutual Fund | Target-Date 2025 | |
| FLMTX | Franklin Lifesmart Retirement | Mutual Fund | Target-Date Retirement | |
| FTCCX | Franklin Servative Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| FTCIX | Franklin Servative Allocation | Mutual Fund | Allocation--30% to 50% Equity |
Franklin Liberty High Risk Profiles
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.
| Mean Deviation | 0.1488 | |||
| Semi Deviation | 0.1204 | |||
| Standard Deviation | 0.19 | |||
| Variance | 0.0361 |
Franklin Liberty High Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Franklin Liberty High Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Franklin Liberty price patterns.
Franklin Liberty Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Franklin Liberty High 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.