- What does FBSPX invest in?
- Operating as a focused, closed-end investment fund, the Franklin BSP Private Credit Fund primarily allocates its capital to direct lending and other private debt instruments for middle-market businesses. The organization officially began its operations on November 12, 2019, and is based in New York City.
- What is the expense ratio of FBSPX?
- An expense ratio for Franklin BSP Private Credit Fund Advisor Class (FBSPX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is FBSPX?
- Franklin BSP Private Credit Fund Advisor Class (FBSPX) manages $129.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FBSPX actively managed or an index fund?
- FBSPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FBSPX launched?
- Franklin BSP Private Credit Fund Advisor Class (FBSPX) launched in October 2022 and is managed by Franklin Templeton.
- How has FBSPX performed?
- FBSPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
