Franklin Ultra Short Bond ETFFranklin Ultra Short Bond ETFFranklin Ultra Short Bond ETF

Franklin Ultra Short Bond ETF

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Key stats


Assets under management (AUM)
‪148.16 M‬USD
Fund flows (1Y)
‪143.03 M‬USD
Dividend yield (indicated)
4.69%
Discount/Premium to NAV
0.06%
Shares outstanding
‪5.95 M‬
Expense ratio
0.15%

About Franklin Ultra Short Bond ETF


Brand
Franklin
Inception date
Jul 14, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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
FLUD seeks current income and capital preservation by investing in ultra-short-term bonds. The portfolio is a mixture of fixed and variable rate debts issued mainly from the US but may include other developed and emerging markets. The fund may hold securities issued by governments and corporations, money market, MBS and ABS, and municipal bonds. It may also invest in 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 advisers top-down analysis of macroeconomic trends and bottom-up analysis of market sectors, industries, and issuers' conditions. Proprietary quantitative models are used to identify trading opportunities. The fund focuses on investment grade securities to hedge credit risk and for capital preservation. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Ultra Short Bond ETF.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
5%66%25%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLUD trades at 24.86 USD today, its price has fallen −0.03% in the past 24 hours. Track more dynamics on FLUD price chart.
FLUD net asset value is 24.90 today — it's risen 0.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLUD assets under management is ‪148.16 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLUD price has risen by 0.22% over the last month, and its yearly performance shows a 0.24% increase. See more dynamics on FLUD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.49% over the last month, showed a 1.10% increase in three-month performance and has increased by 5.26% in a year.
FLUD fund flows account for ‪143.03 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLUD invests in bonds. See more details in our Analysis section.
FLUD expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLUD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLUD technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLUD shows the sell signal. See more of FLUD technicals for a more comprehensive analysis.
Yes, FLUD pays dividends to its holders with the dividend yield of 4.69%.
FLUD trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLUD shares are issued by Franklin Resources, Inc.
FLUD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 14, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.