Franklin Multisector Income ETF

Frequently Asked Questions About MULT

What does MULT invest in?

This fund's principal objective is to maximize current income, complemented by a secondary goal of long-term capital appreciation. The investment manager opportunistically deploys capital across a broad spectrum of fixed-income instruments, including traditional bonds, government and agency-issued debt, corporate loans, and mortgage-backed securities.

What is the expense ratio of MULT?

Franklin Multisector Income ETF (MULT) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is MULT's dividend yield?

MULT's trailing-twelve-month yield is 5.25%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MULT?

Effective duration measures MULT's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MULT's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MULT?

MULT'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 MULT?

Yield to maturity (YTM) is the total return you'd earn from MULT if every bond in the portfolio is held to maturity at the current price. MULT'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.