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Morningstar

Franklin High Yield Corporate ETF FLHY

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis FLHY

Will FLHY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FLHY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FLHY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FLHY’s parent organization’s priorities and whether they’re in line with investors’ interests.

Franklin High Yield Corporate ETF's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FLHY

More FLHY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal Home Loan Banks

2.94 8.9 Mil
Government

Vm Cons Incorporated

1.03 3.1 Mil
Corporate

Davita Inc

0.96 2.9 Mil
Corporate

Kedrion S.p.A.

0.94 2.8 Mil
Corporate

EMRLD Borrower LP / Emerald Co-Issuer Inc.

0.94 2.8 Mil
Corporate

Carnival Corporation

0.90 2.7 Mil
Corporate

Martin Midstream Partners LP / Martin Midstream Finance Corp

0.90 2.7 Mil
Corporate

Station Casinos LLC

0.86 2.6 Mil
Corporate

Harbour Energy PLC

0.86 2.6 Mil
Corporate

XPO Inc

0.85 2.6 Mil
Corporate