FLBL
Franklin Senior Loan ETF Franklin Liberty Senior Loan Fund

Price: $23.60
Change: $0.0 (0.0%)
Category: High Yield Bonds
Last Updated:

Vitals

Brand Franklin
Structure ETF
Expense Ratio 0.45%
ETF Home Page Home page
Inception May 30, 2018
Index Tracked ACTIVE - No Index

Analyst Report

The Franklin Liberty Senior Loan ETF (FLBL) is an actively managed ETF that seeks to invest in senior loans, a segment of the debt market that can offer great yields for those investors willing to take on significant risks. FLBL invests in leveraged loans, bank loans, and floating-rate loans, which are often extended to ‘junk’ borrowers with below investment-grade credit ratings. The fund may invest in loans of companies whose financial condition is uncertain, including companies involved in bankruptcy proceedings and restructuring. FLBL is priced competitively for active management. Investors can compare performance and fees against passive rivals like the Invesco Senior Loan ETF (BKLN).

ETF Database Themes

Category High Yield Bonds
Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Type(s) Bank Loans
Bond Duration Ultra Short-Term

FactSet Classifications

Segment Fixed Income: U.S. - Corporate, Bank Loans High Yield Floating Rate
Category Corporate, Bank Loans
Focus High Yield
Niche Floating Rate
Strategy Active
Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $22.56
  • 52 Week Hi $24.11
  • AUM $1,031.7 M
  • Shares 43.6 M

Historical Trading Data

  • 1 Month Avg. Volume 1,050,395
  • 3 Month Avg. Volume 673,008

Alternative ETFs in the ETF Database High Yield Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCYB 0.03% $986.8 M 508,503 -0.74%
Largest (AUM) USHY 0.08% $19.9 B 15 M -0.41%
Most Liquid (Volume) HYG 0.49% $14.7 B 49 M -0.32%
Top YTD Performer HYXU 0.40% $41.1 M 5,998 10.55%

Alternative ETFs in the FactSet Fixed Income: U.S. - Corporate, Bank Loans High Yield Floating Rate Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest PCFI 0.49% $8.9 M N/A N/A
Largest (AUM) BKLN 0.65% $6.2 B 22 M -1.25%
Most Liquid (Volume) BKLN 0.65% $6.2 B 22 M -1.25%
Top YTD Performer BKLN 0.65% $6.2 B 22 M -1.25%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

FLBL ETF Database Category Average FactSet Segment Average
Number of Holdings 223 456 160
% of Assets in Top 10 38.40% 25.42% 53.19%
% of Assets in Top 15 42.57% 29.26% 56.58%
% of Assets in Top 50 65.37% 46.98% 74.87%

Size Comparison

FLBL ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 0.83% N/A
Mid (>2.7B) N/A 0.20% N/A
Small (>600M) N/A 0.00% N/A
Micro (<600M) N/A 0.00% N/A

FLBL Valuation

This section compares the P/E ratio of this ETF to its peers.

FLBL
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.01
FactSet Segment Average
P/E Ratio
N/A

FLBL Dividend

This section compares the dividend yield of this ETF to its peers.

FLBL ETF Database Category Average FactSet Segment Average
Dividend $ 0.12 $ 0.32 $ 0.14
Dividend Date 2025-04-01 N/A N/A
Annual Dividend Rate $ 1.82 $ 2.36 $ 1.88
Annual Dividend Yield 7.72% 6.71% 6.44%

FLBL Price and Volume Charts

View charts featuring FLBL price and volume data.

FLBL Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -7.1 M 1 Month Net Flows: 40.44 M 3 Month Net Flows: 270.13 M 6 Month Net Flows: 458.11 M 1 Year Net Flows: 708.28 M 3 Year Net Flows: 735.9 M 5 Year Net Flows: 1 B 10 Year Net Flows: 1.05 B

FLBL Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -2.72 M
1 Month Net AUM Change: 48.14 M
3 Month Net AUM Change: 244.7 M
6 Month Net AUM Change: 432.95 M
1 Year Net AUM Change: 683.28 M
3 Year Net AUM Change: 705.53 M
5 Year Net AUM Change: 975.11 M
10 Year Net AUM Change: 1.02 B

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for FLBL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- HYG
Expenses B- SPHY
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

FLBL Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

FLBL
Expense Ratio
0.45%
ETF Database Category Average
Expense Ratio
0.43%
FactSet Segment Average
Expense Ratio
0.54%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

FLBL does not have an ESG score. There are no ESG themes that map to this ETF.

FLBL Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

FLBL ETF Database
Category Average
Factset Segment
Average
1 Month Return -0.76% -2.08% -0.98%
3 Month Return -1.69% -1.55% -1.27%
YTD Return -1.23% -0.79% -0.87%
1 Year Return 4.55% 6.43% 2.66%
3 Year Return 6.14% 3.88% 2.48%
5 Year Return 5.95% 2.96% 2.46%

Geographic Exposure

The following charts reflect the geographic spread of FLBL's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of FLBL's underlying holdings.

Asset Percentage
Bank Loan 62.7%
Other 20.54%
Sovereign 9.84%
Corporate 3.04%
Exchange Traded Fund (ETF-ETF) 2.46%
CASH 1.23%
Asset Backed Security 0.18%
Share/Common/Ordinary 0.03%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Bank Loan 62.7%
Other 20.54%
Sovereign 9.84%
Corporate 3.04%
Exchange Traded Fund (ETF-ETF) 2.46%
CASH 1.23%
Asset Backed Security 0.18%
Share/Common/Ordinary 0.03%

FLBL Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 49.86%
20 Day Volatility 11.87%
50 Day Volatility 7.81%
200 Day Volatility 5.61%
Beta 0.23
Standard Deviation 0.44%
5 Day Volatility
49.86%
Rank
5 of 83

20 Day Volatility
11.87%
Rank
58 of 83

50 Day Volatility
7.81%
Rank
60 of 83

200 Day Volatility
5.61%
Rank
72 of 83

Beta
0.23
Rank
69 of 77

Standard Deviation
0.44%
Rank
73 of 82

Technicals

  • 20 Day MA $23.67
  • 60 Day MA $23.89
  • MACD 15 Period 0.01
  • MACD 100 Period -0.28
  • Williams % Range 10 Day 20.93
  • Williams % Range 20 Day 33.98
  • RSI 10 Day 48
  • RSI 20 Day 45
  • RSI 30 Day 45
  • Ultimate Oscillator 43

Bollinger Bands

  • Lower Bollinger (10 Day) $23.18
  • Upper Bollinger (10 Day) $23.80
  • Lower Bollinger (20 Day) $23.20
  • Upper Bollinger (20 Day) $24.13
  • Lower Bollinger (30 Day) $23.31
  • Upper Bollinger (30 Day) $24.18

Support & Resistance

  • Support Level 1 $23.53
  • Support Level 2 $23.46
  • Resistance Level 1 $23.67
  • Resistance Level 2 $23.74

Stochastic

  • Stochastic Oscillator %D (1 Day) 46.66
  • Stochastic Oscillator %D (5 Day) 60.67
  • Stochastic Oscillator %K (1 Day) 45.66
  • Stochastic Oscillator %K (5 Day) 60.53

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.27
  • Maximum Premium Discount (%) 0.42
  • Average Spread (%) 1.01
  • Average Spread ($) 1.01

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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