Key stats
About Franklin Systematic Style Premia ETF
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Inception date
Dec 18, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
FLSP is a first for Franklin Templeton in the Alternatives space. The funds portfolio allocates assets across two underlying alternative investment strategies. The first is a top-down risk premia strategy focusing on four style factors: quality, value, momentum and carry assuming both long and short positions across equity, fixed income, commodity and currencies using derivatives. The second strategy is a bottom-up long/short equity strategy focused on quality, value and momentum. FLSP will primarily hold equity securities and total return swaps for short exposure. The fund is actively risk-managed, seeking a target annualized volatility of 8%. Investors should anticipate a higher portfolio turnover rate which may indicate higher transaction costs and taxes if shares are held in a taxable account. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Systematic Style Premia ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Cash
Stocks66.50%
Technology Services12.09%
Finance10.02%
Health Technology7.66%
Electronic Technology7.03%
Retail Trade4.85%
Transportation3.13%
Producer Manufacturing2.77%
Consumer Services2.35%
Utilities2.23%
Consumer Non-Durables2.04%
Process Industries1.93%
Non-Energy Minerals1.85%
Communications1.78%
Energy Minerals1.57%
Consumer Durables1.53%
Commercial Services1.01%
Distribution Services0.92%
Industrial Services0.90%
Health Services0.54%
Miscellaneous0.28%
Bonds, Cash & Other33.50%
Cash31.44%
Miscellaneous2.06%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLSP last dividends amounted to 0.28 USD. The year before, the issuer paid 0.26 USD in dividends, which shows a 9.24% increase.
FLSP assets under management is 343.99 M USD. It's risen 2.25% over the last month.
FLSP fund flows account for 154.76 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLSP pays dividends to its holders with the dividend yield of 1.16%. The last dividend (Dec 30, 2024) amounted to 0.28 USD. The dividends are paid annually.
FLSP shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Dec 18, 2019, and its management style is Active.
FLSP expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
FLSP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLSP invests in stocks.
FLSP price has risen by 0.96% over the last month, and its yearly performance shows a 3.23% increase. See more dynamics on FLSP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.29% over the last month, showed a 0.87% increase in three-month performance and has increased by 4.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.29% over the last month, showed a 0.87% increase in three-month performance and has increased by 4.94% in a year.
FLSP trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.