Franklin Liberty Senior Loan (FLBL) - Stock & Dividends

The Franklin Liberty Senior Loan ETF (BATS: FLBL) is designed to provide investors with a diversified portfolio of senior loans, investing at least 80% of its net assets in this space. This includes investments that offer exposure to senior loans, such as leveraged loans, bank loans, and floating rate loans.

The fund's primary focus is on income-producing senior floating interest rate corporate loans, targeting U.S. companies, non-U.S. entities, and U.S. subsidiaries of non-U.S. entities. This approach enables investors to tap into a diversified pool of senior loans, which can provide a regular income stream and help manage interest rate risk.

By investing in senior loans, the fund aims to offer a higher level of credit quality compared to junior loans or equity investments. This is because senior loans typically have a higher claim on a borrower's assets in the event of default, providing an added layer of protection for investors.

The fund's diversified portfolio is designed to mitigate risk and provide a stable source of income, making it an attractive option for investors seeking to generate regular returns while managing risk in their portfolios.