Key stats
About Franklin Templeton ETF Trust Franklin Income Focus ETF
Expense ratio
0.38%
Home page
Inception date
Jun 8, 2023
INCM seeks high current income by investing in a broad, multi-asset portfolio using a dynamic allocation approach that adapts to changing market conditions. The portfolio includes dividend-yielding stocks, convertible preferred securities, secured and unsecured bonds, senior floating rate loans, mortgage-backed securities, debentures, and shorter-term instruments. The fund may hold up to 30% of its assets in equity index-linked notes and up to 25% in junk bonds. It may invest up to 25% in foreign issuers. Investments in bonds may include both US and foreign corporate and government debt. In selecting investments, the fund adviser utilizes a bottom-up, value-oriented, long-term approach focusing on price relative to long-term earnings, asset value, and cash flow potential. The adviser has full discretion to buy, hold, or sell securities at any time. The fund may utilize a variety of derivatives to enhance returns, increase liquidity, gain exposure, and hedge risks.
Classification
What's in the fund
Exposure type
Corporate
Stocks31.70%
Electronic Technology5.18%
Energy Minerals4.61%
Finance4.59%
Consumer Non-Durables3.72%
Utilities3.63%
Health Technology3.59%
Process Industries1.39%
Producer Manufacturing1.31%
Retail Trade1.23%
Non-Energy Minerals0.84%
Communications0.73%
Consumer Services0.48%
Industrial Services0.25%
Technology Services0.15%
Bonds, Cash & Other68.30%
Corporate43.67%
Cash9.51%
Government8.11%
Miscellaneous3.61%
Securitized2.43%
UNIT0.97%
Displays a symbol's price movements over previous years to identify recurring trends.