Franklin Investment Grade Corporate ETF (FLCO) Price, Holdings, & News

ETF Overview

The Franklin Investment Grade Corporate ETF (FLCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that uses a combined top-down and bottom-up approach to select investment-grade USD-denominated bonds without a duration target. FLCO was launched on Oct 3, 2016 and is managed by Franklin Templeton.

Key Stats

• Today's Range: $21.08 to $21.18
• 50-Day Range: $21.05 to $21.89
• 52-Week Range: $20.60 to $22.25
• Volume: 48,085 shs
• Average Volume: 179,241 shs
• Market Capitalization: $360.10 million
• Assets Under Management: $543.69 million
• Dividend Yield: 3.79%
• Net Expense Ratio: 0.35%
• Aggregate Rating: N/A

FLCO ETF - Frequently Asked Questions

How have FLCO shares performed this year?

Franklin Investment Grade Corporate ETF's stock was trading at $21.66 at the start of the year. Since then, FLCO shares have decreased by 2.5% and is now trading at $21.12.
View the best growth stocks for 2024 here.

Who are Franklin Investment Grade Corporate ETF's major shareholders?

Top institutional investors of Franklin Investment Grade Corporate ETF include Franklin Resources Inc. (96.93%), Hantz Financial Services Inc. (22.01%), International Assets Investment Management LLC (3.89%) and Benjamin Edwards Inc. (1.42%).

How do I buy shares of Franklin Investment Grade Corporate ETF?

Shares of FLCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Franklin Investment Grade Corporate ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Investment Grade Corporate ETF investors own include Pimco Dynamic Income Opportunities Fund (PDO), Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG), Pioneer Natural Resources (PXD), Calamos Global Dynamic Income Fund (CHW), DoubleLine Income Solutions Fund (DSL), Eaton Vance Enhanced Equity Income Fund II (EOS) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV).

Fund Details

• Issuer: Franklin Templeton Investments
• Fund Name: Franklin Investment Grade Corporate ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FLCO
• Inception Date: 10/3/2016
• Fund Manager: Marc Kremer, Shawn Lyons, Thomas Runkel, Pururav Thoutireddy
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Corporate
• Focus: Investment Grade
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 205

Fund Statistics

• Assets Under Management: $543.69 million
• Average Daily Volume: $45,734.70
• Discount/Premium: -0.07%

Administrator, Advisor and Custodian

• Administrator: Franklin Templeton Services, LLC
• Advisor: Franklin Advisers, Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: Franklin Distributors, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 103,600 shs

Miscellaneous

• Outstanding Shares: 17,050,000
• Beta: 0.24
• Creation Unit: 50,000
• Creation Fee: $500.00