Franklin Senior Loan ETF
FLBL
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Jun 1, 2018
- CIK
- 0001655589
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Senior Loan ETF (FLBL) is an actively managed exchange-traded fund that seeks to provide high current income with a portfolio primarily composed of senior loans to companies rated below investment grade; floating-rate or adjustable-rate instruments issued by corporations, partnerships, and other entities; and other debt obligations such as second-lien loans, high-yield bonds, and CLOs. The fund invests at least 80% of its assets in senior loans, which typically offer protection in rising interest rate environments due to their floating-rate nature, and may allocate up to 25% to non-senior loan securities for diversification. FLBL targets below-investment-grade issuers across diversified sectors including technology, healthcare, consumer services, and industrials, serving income-focused investors such as retirees and institutions seeking yield with moderate credit risk. Launched in 2017 and domiciled in the United States with management by Franklin Templeton, an affiliate of Legg Mason, Inc., the ETF operates globally with exposure to U.S. and international borrowers but primarily focuses on the North American senior loan market. In recent developments, Franklin Templeton enhanced FLBL's portfolio through strategic integrations following its 2020 acquisition of Legg Mason, expanding access to proprietary credit research and distribution capabilities; the fund also benefited from increased investor inflows amid 2023-2025 interest rate hikes, boosting assets under management above $500 million. No major name changes, reorganizations, or new product launches specific to FLBL have occurred in the last two years, though Franklin Templeton announced broader platform enhancements in fixed income ETFs during 2024 to improve liquidity and trading efficiency.