Franklin Liberty Investment Etf Profile
| FLCO Etf | USD 20.80 0.03 0.14% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Franklin Liberty is selling at 20.80 as of the 24th of April 2024; that is 0.14 percent increase since the beginning of the trading day. The etf's open price was 20.77. Franklin Liberty has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Franklin Liberty Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade corporate debt securities and investments. Liberty Investment is traded on NYSEARCA Exchange in the United States. More on Franklin Liberty Investment
Moving together with Franklin Etf
| 0.92 | LQD | iShares iBoxx Investment | PairCorr |
| 0.98 | IGIB | iShares 5 10 | PairCorr |
| 0.99 | USIG | iShares Broad USD | PairCorr |
| 0.94 | SPIB | SPDR Barclays Interm | PairCorr |
| 1.0 | SUSC | iShares ESG USD | PairCorr |
| 0.99 | QLTA | iShares Aaa | PairCorr |
| 0.99 | CORP | PIMCO Investment Grade | PairCorr |
Franklin Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin Liberty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Liberty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Investment Grade ETFs, Corporate ETFs, Corporate Bond, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2016-10-03 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 353.79 Million |
| Average Trading Valume | 65,877.8 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisers, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | Marc Kremer, Shawn Lyons, Thomas Runkel, Pururav Thoutireddy |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 171 |
| Market Maker | Jane Street |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | (3.15) |
| Name | Franklin Liberty Investment Grade Corporate ETF |
| Currency Code | USD |
| In Threey Volatility | 9.09 |
| 1y Volatility | 8.61 |
| 200 Day M A | 20.9071 |
| 50 Day M A | 21.1339 |
| Code | FLCO |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.54) |
| Type | ETF |
Franklin Liberty Investment [FLCO] is traded in USA and was established 2016-10-03. The fund is listed under Corporate Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Investment Grade ETFs. Franklin Liberty Inv currently have 578.61 M in assets under management (AUM). , while the total return for the last 3 years was -3.5%.
Check Franklin Liberty Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin Liberty Investment Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin Liberty Investment Etf Constituents
| HSBC Holdings plc 1.64% | 1.63% |
| Verizon Communications Inc. 3.4% | 1.63% |
| Imperial Brands Finance Plc 4.25% | 1.26% |
| Bank of America Corporation 4.18% | 1.34000005% |
| BNP Paribas 4.7% | 1.26% |
| Bpce Sa 5.7% | 1.26% |
| Vistra Operations Co LLC 3.55% | 1.27% |
| Us 10yr Note sep21 Xcbt 20210921 | 1.6% |
| ENEL Finance International N.V. 3.62% | 1.4400001% |
| Tencent Holdings Limited 3.6% | 1.28% |
Franklin Liberty Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Franklin Liberty jumping above the current price in 90 days from now is roughly 97.0%. The Franklin Liberty Investment probability density function shows the probability of Franklin Liberty etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Franklin Liberty has a beta of 0.3259. This usually indicates as returns on the market go up, Franklin Liberty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Liberty Investment will be expected to be much smaller as well. Additionally, franklin Liberty Investment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Franklin Liberty to move above the current price in 90 days from now is roughly 97.0 (This Franklin Liberty Investment probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) .
Franklin Liberty Top Holders
| FKBAX | Franklin Total Return | Mutual Fund | Intermediate Core-Plus Bond |
| FRERX | Franklin Total Return | Mutual Fund | Intermediate Core-Plus Bond |
| FBRLX | Franklin Lifesmart Retirement | Mutual Fund | Target-Date Retirement |
| FBDAX | Franklin Total Return | Mutual Fund | Intermediate Core-Plus Bond |
| FLMTX | Franklin Lifesmart Retirement | Mutual Fund | Target-Date Retirement |
| FLRDX | Franklin Lifesmart Retirement | Mutual Fund | Target-Date Retirement |
| FRTCX | Franklin Lifesmart Retirement | Mutual Fund | Target-Date Retirement |
Franklin Liberty Inv Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin Liberty market risk premium is the additional return an investor will receive from holding Franklin Liberty long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Liberty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin Liberty's alpha and beta are two of the key measurements used to evaluate Franklin Liberty's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.10) |
Franklin Liberty Against Markets
Picking the right benchmark for Franklin Liberty etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin Liberty etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin Liberty is critical whether you are bullish or bearish towards Franklin Liberty Investment at a given time. Please also check how Franklin Liberty's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin Liberty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Franklin Etf?
Before investing in Franklin Liberty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Liberty. To buy Franklin Liberty etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Liberty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Liberty etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin Liberty Investment etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin Liberty Investment etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Franklin Liberty Investment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Franklin Etf please use our How to Invest in Franklin Liberty guide.
Already Invested in Franklin Liberty Investment?
The danger of trading Franklin Liberty Investment is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Liberty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Liberty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Liberty Inv is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Franklin Liberty Inv offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Liberty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Liberty Investment Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Liberty Investment Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Investment. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Franklin Liberty Inv information on this page should be used as a complementary analysis to other Franklin Liberty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Franklin Liberty Inv is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.