- What does FLUD invest in?
- The Franklin Ultra Short Bond ETF (FLUD) aims to generate a substantial stream of current income while carefully protecting investors' initial capital. It accomplishes this by primarily investing in a variety of fixed-income securities and other instruments that provide bond market exposure. A defining feature of its investment approach is maintaining an average portfolio duration of no more than one year.
- What is the expense ratio of FLUD?
- Franklin Ultra Short Bond ETF (FLUD) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FLUD's dividend yield?
- FLUD's trailing-twelve-month yield is 4.15%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FLUD?
- Effective duration measures FLUD's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FLUD's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FLUD?
- FLUD's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FLUD?
- Yield to maturity (YTM) is the total return you'd earn from FLUD if every bond in the portfolio is held to maturity at the current price. FLUD's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
