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Upturn AI SWOT - About
Franklin Liberty Investment Grade Corporate ETF (FLCO)
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Upturn Advisory Summary
03/18/2025: FLCO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 2.07% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/18/2025 |
Key Highlights
Volume (30-day avg) 62225 | Beta 1.18 | 52 Weeks Range 19.71 - 21.68 | Updated Date 04/2/2025 |
52 Weeks Range 19.71 - 21.68 | Updated Date 04/2/2025 |
Upturn AI SWOT
Franklin Liberty Investment Grade Corporate ETF
ETF Overview
Overview
The Franklin Liberty Investment Grade Corporate ETF (FLCB) seeks to provide current income by investing primarily in investment-grade corporate bonds. It aims to track the performance of the Liberty Investment Grade US Corporate Index, providing diversified exposure to the US corporate bond market. The ETF employs a rules-based indexing strategy.
Reputation and Reliability
Franklin Templeton is a well-established global investment management firm with a long history and a strong reputation for providing a range of investment products and services.
Management Expertise
Franklin Templeton has a dedicated team of experienced investment professionals specializing in fixed income management, providing the expertise necessary to manage the ETF effectively.
Investment Objective
Goal
The ETF aims to provide current income while seeking to track the performance of the Liberty Investment Grade US Corporate Index.
Investment Approach and Strategy
Strategy: FLCB aims to track a specific index, the Liberty Investment Grade US Corporate Index.
Composition The ETF primarily holds investment-grade corporate bonds, focusing on debt securities issued by US corporations.
Market Position
Market Share: Insufficient data to provide accurate market share of FLCB. Market share would fluctuate based on investment-grade corporate bond ETF market dynamics.
Total Net Assets (AUM): 1234000000
Competitors
Key Competitors
- iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
- Vanguard Total Corporate Bond ETF (VTC)
- SPDR Portfolio Intermediate Term Corporate Bond ETF (ITR)
Competitive Landscape
The ETF industry is highly competitive, with several large players offering similar investment-grade corporate bond ETFs. FLCB's advantage lies in its rules-based indexing strategy and the potential for competitive expense ratios. However, it faces stiff competition from larger ETFs with greater liquidity and brand recognition.
Financial Performance
Historical Performance: Data not available to fully populate. Need current data to provide historical performance figures.
Benchmark Comparison: Data not available to fully populate. Need current data to provide benchmark comparison.
Expense Ratio: 0.08
Liquidity
Average Trading Volume
The ETF's average trading volume provides reasonable liquidity for most investors, facilitating relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread on FLCB is generally tight, indicating reasonable trading costs for investors.
Market Dynamics
Market Environment Factors
FLCB's performance is influenced by factors such as interest rate movements, credit spreads, and overall economic conditions. Changes in monetary policy and investor sentiment can significantly impact the ETF's returns.
Growth Trajectory
FLCB's growth trajectory is closely tied to the demand for investment-grade corporate bond exposure. Any changes to the underlying index strategy and holdings would be disclosed in the ETF's prospectus.
Moat and Competitive Advantages
Competitive Edge
FLCB's competitive advantage stems from its rules-based indexing approach that provides a transparent and consistent investment strategy. The ETF's low expense ratio makes it an attractive option for cost-conscious investors. Additionally, Franklin Templeton's established reputation adds credibility. It focuses solely on investment-grade corporate bonds, offering a pure-play exposure.
Risk Analysis
Volatility
The ETF's volatility is generally moderate, reflecting the relatively stable nature of investment-grade corporate bonds.
Market Risk
The ETF is exposed to market risk, including interest rate risk and credit risk. Rising interest rates can negatively impact bond prices, while credit risk reflects the possibility of issuer default.
Investor Profile
Ideal Investor Profile
FLCB is suitable for investors seeking current income and diversified exposure to the US investment-grade corporate bond market. It is appropriate for those with a moderate risk tolerance.
Market Risk
FLCB is best for long-term investors seeking a stable income stream and moderate capital appreciation.
Summary
The Franklin Liberty Investment Grade Corporate ETF (FLCB) offers exposure to investment-grade corporate bonds with a low expense ratio. It seeks to track the Liberty Investment Grade US Corporate Index and aims to provide current income. Managed by Franklin Templeton, a reputable firm, itu2019s suitable for long-term investors with a moderate risk tolerance. It faces strong competition from larger, more liquid ETFs. Its rules-based indexing approach and focus on cost-effectiveness contribute to its appeal.
Similar Companies
AGG
iShares Core U.S. Aggregate Bond ETF
AGG
iShares Core U.S. Aggregate Bond ETF
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
USIG
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
iShares Broad USD Investment Grade Corporate Bond ETF
VTC
Vanguard Total Corporate Bond ETF ETF Shares
VTC
Vanguard Total Corporate Bond ETF ETF Shares
Sources and Disclaimers
Data Sources:
- Franklin Templeton Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Franklin Liberty Investment Grade Corporate ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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