MULT – Franklin Multisector Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a high level of current income; capital appreciation over the long term is a secondary goal. Under normal market conditions, the fund invests in a diversified portfolio of U.S. and foreign debt securities across multiple fixed income sectors. Debt securities include all varieties of fixed, variable and floating rate income securities, including bonds, U.S. and foreign government and agency securities, corporate loans (and loan participations) and mortgage-backed securities and other asset-backed securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MULT	Franklin Multisector Income ETF	ETF	Open	—		Aug 26, 2025	$9.72M	0.390%	—	—	−$5.49M

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