ducovest

FLCO:ARCA-Franklin Liberty Investment Grade Corporate (USD)

ETF | Corporate Bond | NYSE Arca

Last Closing

USD 21.3321

Change

+0.07 (+0.34)%

Market Cap

USD 0.36B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in investment grade corporate debt securities and investments. It invests primarily in U.S. dollar denominated corporate debt securities issued by U.S. and foreign companies. The fund may invest in debt securities of any maturity or duration. The fund's focus on the credit quality of its portfolio is intended to reduce credit risk and help to preserve the fund's capital.

Company Website : etf.franklintempleton.com

Currency: USD

Country : USA

Inception Date: 03/10/2016

Primary Benchmark: BBgBarc US Corp Bond TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.35 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
VZ Verizon Communications Inc 1.63 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Corporate Bond

Symbol Name Mer Price(Change) Market Cap
LQD iShares iBoxx $ Investment Gra.. 0.15 %

N/A

 USD 28.03B
SPIB SPDR Barclays Intermediate Ter.. 0.08 %

N/A

 USD 7.74B
CORP PIMCO Investment Grade Corpora.. 0.20 %

N/A

 USD 1.10B
QLTA iShares Aaa - A Rated Corporat.. 0.15 %

N/A

 USD 1.02B
GIGB Goldman Sachs Access Investmen.. 0.14 %

N/A

 USD 0.73B
LQDH iShares Interest Rate Hedged C.. 0.10 %

N/A

 USD 0.32B
KORP American Century Diversified C.. 0.45 %

N/A

 USD 0.26B
IBD Northern Lights Fund Trust IV .. 0.62 %

N/A

 USD 0.26B
FCOR Fidelity® Corporate Bond ETF 0.42 %

N/A

 USD 0.21B
IGBH iShares Interest Rate Hedged L.. 0.20 %

N/A

 USD 0.10B

ETFs Containing FLCO

N/A

Market Performance

  Market Performance vs. Industry/Classification (Corporate Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.49% 27% F 24% F
Dividend Return 0.91% 69% C- 50% F
Total Return -0.58% 38% F 25% F
Trailing 12 Months  
Capital Gain 0.20% 21% F 30% F
Dividend Return 3.33% 21% F 48% F
Total Return 3.53% 14% F 28% F
Trailing 5 Years  
Capital Gain -11.56% 25% F 31% F
Dividend Return 13.80% 75% C 54% F
Total Return 2.25% 44% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -4.10% 20% F 23% F
Dividend Return -1.43% 13% F 22% F
Total Return 2.67% 80% B- 57% F
Risk Return Profile  
Volatility (Standard Deviation) 8.28% 33% F 84% B
Risk Adjusted Return -17.33% 13% F 18% F
Market Capitalization 0.36B 69% C- 41% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.