Franklin Senior Loan ETF
$22.55−0.27 (−1.19%)
- 0.45%
- $762M
- +3.0%
- 7.58%
- 296K sh
- low $22.57high $23.78
The ETF.net FLBL Grade
C
Score 52 out of 100
- 6 of 11
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 3 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.C40 out of 100Rank 5 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D30 out of 100Rank 11 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 7 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C54 out of 100Rank 8 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 3 of 11
Our read on FLBL
In short
CBank loans are a pricey corner of credit, where most ETFs charge north of 0.70%. Franklin's runs at 0.45% and commits at least 80% of net assets to senior loans, the floating-rate tier of corporate debt.
Stated mandate
The fund’s mandate is to invest at least 80% of net assets in senior loans.
Why people hold it
Worth knowing
FLBL Holdings
- Bonds
- 255
- 19%
- Ift - Money Market Port
Geography
- United States92.26%
- Canada3.04%
- Netherlands1.37%
- Luxembourg0.91%
- United Kingdom0.71%
- Germany0.64%
- Japan0.60%
- Bermuda0.34%
- 0.13%
FLBL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FLBL$10,300
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLBL |
|---|---|
| Year to date | +2.8% |
| 1 month | −0.2% |
| 3 months | +0.7% |
| 1 year | +3.0% |
| 3 years | +6.0% |
| 5 years | +5.3% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLBL |
|---|---|---|
| 2026 YTD | +2.8% | |
| 2025 | +3.6% | |
| 2024 | +8.3% | |
| 2023 | +14.8% | |
| 2022 | −2.7% | |
| 2021 | +4.4% | |
| 2020 | +2.1% |
FLBL in the news
FLBL Dividends
- 7.58%
- $1.73
- $0.14 per share
- Monthly
FLBL Risk
- 2.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.54
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FLBL Cost
Overpaying vs LVLN, cheapest in Bank Loan
$951
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FLBL 0.45%
$9,041
LVLN 0.40% Cheapest
$8,090
Cost over time
Year by year
| Year | FLBL | LVLN | Overpaying |
|---|---|---|---|
| 10 | $812 | $723 | $89 |
| 20 | $3,128 | $2,793 | $335 |
| 30 | $9,041 | $8,090 | $951 |
Other funds in Bank Loan
- CFTSLFirst Trust Senior Loan FundExpense ratio 0.70%1 year return +3.3%
- CLONZPIMCO Senior Loan Active Exchange-Traded FundExpense ratio 0.61%1 year return +4.4%
- CFLRTPacer Aristotle Pacific Floating Rate High Income ETFExpense ratio 0.60%1 year return +4.5%
- CSRLNState Street Blackstone Senior Loan ETFExpense ratio 0.70%1 year return +3.8%
- DPFRLPGIM Floating Rate Income ETFExpense ratio 0.72%1 year return +5.0%
