Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.35% 0.04% 356.97M 60163.07
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
4.50% 27.84% -274.66M Upgrade

Basic Info

Investment Strategy
The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in investment grade corporate debt securities and investments. It invests primarily in U.S. dollar denominated corporate debt securities issued by U.S. and foreign companies. The fund may invest in debt securities of any maturity or duration. The fund's focus on the credit quality of its portfolio is intended to reduce credit risk and help to preserve the fund's capital.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index Bloomberg US Corp Bond TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
Bloomberg US Corp Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Marc Kremer 7.58 yrs
Shawn Lyons 7.58 yrs
Pururav Thoutireddy 4.55 yrs
Thomas Runkel 4.55 yrs
Joshua Lohmeier 1.09 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 03, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
5.97%
-3.06%
14.81%
10.00%
-2.06%
-16.09%
7.94%
-1.66%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-2.06%
13.37%
-11.15%
30.90%
12.83%
-5.37%
-17.73%
2.25%
2.93%
6.12%
-3.04%
14.87%
11.35%
-1.64%
-15.88%
8.95%
-1.23%
--
--
10.08%
6.99%
-0.55%
-10.05%
7.40%
-0.33%
--
--
--
--
--
-17.13%
9.26%
-0.97%
As of May 03, 2024.

Asset Allocation

As of May 03, 2024.
Type % Net % Long % Short
Cash 2.71% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 97.29% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in investment grade corporate debt securities and investments. It invests primarily in U.S. dollar denominated corporate debt securities issued by U.S. and foreign companies. The fund may invest in debt securities of any maturity or duration. The fund's focus on the credit quality of its portfolio is intended to reduce credit risk and help to preserve the fund's capital.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index Bloomberg US Corp Bond TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
Bloomberg US Corp Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Marc Kremer 7.58 yrs
Shawn Lyons 7.58 yrs
Pururav Thoutireddy 4.55 yrs
Thomas Runkel 4.55 yrs
Joshua Lohmeier 1.09 yrs

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