Franklin Multisector Income ETF
$24.55−0.07 (−0.30%)
History starts Aug 28, 2025.
- Expense ratio
- 0.39%
- Fund size
- $10M
- 1Y return
- +1.8%
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $24.59
- 52W range
The ETF.net MULT Grade
Score 52 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 74Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 64Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 12Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 47Category rank
Our read on MULT
CFranklin's go-anywhere income ETF: an active bond mandate that hunts current income across sectors instead of hugging one index, launched in 2025 at a fee that undercuts the typical fund in its income peer group.
The Fund seeks to maximize current income through an investment-allocation strategy described as multisector income.
Why people hold it
- 0.39% expense ratio, below the 0.45% median for its conservative-income peer group, and level with CGMS, the cheapest of the big active names in the cohort.
- The mandate is blunt about its job: maximize current income, with the freedom to shift across bond sectors rather than track a fixed benchmark.
- Active credit work in a plain 1940 Act ETF wrapper, run by Franklin Templeton rather than a boutique with one product to its name.
Worth knowing
- It opened in August 2025, so the record is short and there is not much history to judge how the manager handles a real credit selloff.
- Assets are small and the shares change hands lightly compared with established peers, which tends to mean wider bid-ask spreads.
- Payouts land on an irregular schedule, not the steady monthly rhythm many income funds run on.
MULT Holdings
- Bonds
- —
- 111%
- RECV REC4.4PAYSOFR121633J
MULT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MULT$10,180
Returns run to the Sep 22, 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 | MULT |
|---|---|
| Year to date | +0.3% |
| 1 month | −0.9% |
| 3 months | −0.7% |
| 1 year | +1.8% |
| 3 years | — |
| 5 years | — |
| 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 | MULT |
|---|---|---|
| 2026 YTD | +0.3% | |
| 2025 | +2.1% |
MULT in the news
MULT Dividends
- $0.12 per share
- Monthly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.12 |
| Aug 3, 2026 | Aug 6, 2026 | $0.11 |
| Jul 1, 2026 | Jul 7, 2026 | $0.10 |
| Jun 1, 2026 | Jun 4, 2026 | $0.09 |
| May 1, 2026 | May 6, 2026 | $0.11 |
| Apr 1, 2026 | Apr 6, 2026 | $0.11 |
| Mar 20, 2026 | Mar 27, 2026 | $0.16 |
| Dec 19, 2025 | Dec 24, 2025 | $0.14 |
| Dec 1, 2025 | Dec 4, 2025 | $0.07 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.09 |
MULT Risk
- 1.9%
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.
- −0.04
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.
- −1.7%
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.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MULT Cost
0.39%
MULT0.39%
- The middle half of Conservative Allocation funds
- Median 0.63%
1 of the 8 Conservative Allocation funds charge less.