Franklin Senior Loan ETFFLBL
FLBL
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
80% more capital invested
Capital invested by funds: $225M [Q2] → $404M (+$179M) [Q3]
78% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 27
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
7% more funds holding
Funds holding: 98 [Q2] → 105 (+7) [Q3]
4.15% more ownership
Funds ownership: 53.15% [Q2] → 57.29% (+4.15%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FLBL.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
FLBL: Steady Risk-Adjusted Performance And High Yield
Franklin Senior Loan ETF FLBL is an actively managed, highly diversified fund with $742M in AUM that invests in senior-secured floating rate loans. FLBL seeks a high level of current income with a secondary goal of capital preservation. FLBL has a strong risk adjusted performance compared to peers over the past five years. The expense ratio is 0.45 and the 30-Day SEC Yield is 7.23%.
Positive
Seeking Alpha
7 months ago
FLBL: A Senior Loan ETF With 8.3% Yield And Strong Performance
Franklin Senior Loan ETF is the most affordable senior loan ETF with a 0.45% expense ratio. It sports an above-average 8.3% dividend yield and could benefit from a higher for the longer situation. FLBL is a solid, albeit somewhat risky, investment opportunity.
Negative
Seeking Alpha
8 months ago
FLBL: Moving This Loan Fund To Hold (Rating Downgrade)
The Franklin Senior Loan ETF has generated a total return of almost 7% since our 'Buy' rating, with a low drawdown, mainly driven by its dividend yield. Despite the high rates environment, the lack of significant defaults has contributed to the smooth performance of the ETF. While historically low, default rates have begun to climb in 2024. This could negatively impact the value of the fund's holdings.
Positive
Seeking Alpha
1 year ago
FLBL: The Cycle Shift Doesn't Help
Franklin Senior Loan ETF offers access to floating rate exposure and has an impressive 30-day SEC yield exceeding 8.9%. FLBL has a conservative composition with a focus on the healthcare sector and offers protection against credit risk. FLBL faces competition from other leveraged funds, but its low interest rate risk and below-average expense ratio make it an attractive choice.
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