(FLHY) Liberty High Yield Corporate - Overview
Etf: ETF, High-Yield, Corporate, Bonds, Debt
Dividends
| Dividend Yield | 7.15% |
| Yield on Cost 5y | 8.17% |
| Yield CAGR 5y | 2.54% |
| Payout Consistency | 98.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.40% |
| Relative Tail Risk | -4.49% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.66 |
| Alpha | 1.91 |
| Character TTM | |
|---|---|
| Beta | 0.254 |
| Beta Downside | 0.294 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.49% |
| CAGR/Max DD | 2.08 |
Description: FLHY Liberty High Yield Corporate December 26, 2025
Franklin Liberty High Yield Corporate ETF (BATS: FLHY) is a U.S.-based ETF that allocates at least 80% of its net assets to high-yield corporate debt, with the flexibility to invest up to 100% of its capital in such securities. The fund’s mandate permits exposure to both U.S. and foreign issuers, including emerging-market issuers, and it can hold debt denominated in U.S. dollars or other currencies.
As of the most recent quarterly report, FLHY carries an expense ratio of 0.55% and manages roughly $1.2 billion in assets, with an average portfolio duration of about 4.2 years. The weighted-average credit rating sits near BB-, reflecting its focus on below-investment-grade issuers, while the current weighted-average yield hovers around 7.1%, roughly 350 basis points above the U.S. Treasury 10-year rate. Key macro drivers for this strategy include the Federal Reserve’s policy stance on interest rates, corporate earnings trends in cyclical sectors (e.g., energy and industrials), and the health of the global credit market, especially in emerging economies where default rates can be more volatile.
For a deeper dive into FLHY’s risk-adjusted performance and how its exposure aligns with your portfolio objectives, you may find ValueRay’s analytical tools useful.
What is the price of FLHY shares?
Over the past week, the price has changed by -0.20%, over one month by +0.35%, over three months by +2.40% and over the past year by +8.05%.
Is FLHY a buy, sell or hold?
What are the forecasts/targets for the FLHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 27.8 | 13.7% |
FLHY Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 728.6m USD (728.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 728.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 728.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.85% (E(728.6m)/V(728.6m) * Re(6.85%) + (debt-free company))
Discount Rate = 6.85% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)