FLBL - Franklin Liberty Senior Loan - Stock & Dividends

The Franklin Liberty Senior Loan ETF (BATS: FLBL) is an investment fund that primarily focuses on senior loans, allocating at least 80% of its net assets to this asset class. These senior loans encompass various types, including leveraged loans, bank loans, and floating rate loans, which provide a regular income stream.

The fund's investment strategy is centered around income-producing senior floating interest rate corporate loans. These loans are made to or issued by a diverse range of borrowers, including U.S. companies, non-U.S. entities, and U.S. subsidiaries of non-U.S. entities. This diversified approach aims to provide a stable source of income and minimize risk.

By investing in senior loans, the fund offers investors exposure to a unique asset class that can provide a regular income stream, typically in the form of interest payments. Senior loans are considered a lower-risk investment compared to other types of debt, as they have a higher claim on a borrower's assets in the event of default. This makes them an attractive option for income-focused investors seeking to diversify their portfolios.