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Franklin Multisector Income ETF

$24.50+0.08 (+0.33%) past 5 days

At close: Oct 27, 2026, 4:00 PM ET

5D price: up, 5 points from 24.42 to 24.50. Range 24.43 to 24.51. Use the arrow keys to read each point.24.4224.4424.4624.48
Market opens at 9:30 AM ET.
Expense ratio
0.39%
Fund size
$10M
1Y total return
+1.2%
Yield · Last 12 months
4.89%
Avg volume · 30D
257 sh
52W range
low $24.09high $25.61
Launched

The ETF.net MULT Grade

C

Score 54 out of 100

Rank
3 of 8
Six-pillar profile for MULT. Scores out of 100: Cost 75, Risk 64, Mission 65, Tradability 8, Holdings 29, Durability 47. Strongest: Cost (75). Weakest: Tradability (8). Leans toward Cost.

Score 54 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 100
    Rank 2 of 8
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B65 out of 100
    Rank 6 of 8
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 2 of 8
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F8 out of 100
    Rank 8 of 8
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 7 of 8
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 5 of 8

Our read on MULT

ETF.net Research

In short

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.

Stated mandate

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

Asset class
Bonds
Holdings
No data
Top-10 weight
100%
Largest holding
Ift - Money Market Port99.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataIft - Money Market Port99.09%9,661,278$9.66MNo data
2No dataCash0.76%73,660$73.7KNo data
3No dataNet Current Assets0.13%0$12.3KNo data
4No dataDrmt 2024-1 A1 7/690.02%1,957$1.95KNo data
5No dataAdmt 2024-NQM1 A2 2/69<0.01%633$632No data

Showing 1–5 of 5 holdings

MULT Performance

Launched Aug 26, 2025

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.Not enough history yet.Not enough history yet.
MULT$10,123
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,353
Oct 27, 2025 to Oct 27, 2026. MULT $10,123. SPY $11,353. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 27, 2025 – Oct 27, 2026

Returns run to the Oct 27, 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.

As of
Trailing total return for MULT. Periods over one year show the average yearly return.
PeriodMULT
Year to date+0.3%
1 month+0.7%
3 months−0.4%
1 year+1.2%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MULT
YearReturn barMULT
2026 YTD+0.3%
2025+2.1%

History from Aug 28, 2025

MULT in the news

MULT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 27, 2026.
4.89%Last 12 months
Payout per share
$1.20Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

Through Oct 27, 2026

One bar per payment. 12 payments from 2025 to 2026 YTD. Oct 1, 2025 $0.09; Nov 3, 2025 $0.10; Dec 1, 2025 $0.07; Dec 19, 2025 $0.14; Mar 20, 2026 $0.16; Apr 1, 2026 $0.11; May 1, 2026 $0.11; Jun 1, 2026 $0.09; Jul 1, 2026 $0.10; Aug 3, 2026 $0.11; Sep 1, 2026 $0.12; Oct 1, 2026 $0.11. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 6, 2026$0.11
Sep 1, 2026Sep 4, 2026$0.12
Aug 3, 2026Aug 6, 2026$0.11
Jul 1, 2026Jul 7, 2026$0.10
Jun 1, 2026Jun 4, 2026$0.09
May 1, 2026May 6, 2026$0.11
Apr 1, 2026Apr 6, 2026$0.11
Mar 20, 2026Mar 27, 2026$0.16
Dec 19, 2025Dec 24, 2025$0.14
Dec 1, 2025Dec 4, 2025$0.07
Nov 3, 2025Nov 6, 2025$0.10
Oct 1, 2025Oct 6, 2025$0.09

MULT Risk

How much the fund’s monthly returns vary, scaled to a year.
3.1%
Annualised · 14 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.46
vs 3-month T-bills · 14 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−2.7%
13 months · trough Sep 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.08
vs its asset-class index
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.

MULT Cost

MULT cost

$7,898

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MULT 0.39%

    $7,898

$10,000
30 years

Cost over time

  • MULT 0.39%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530MULT $7,898

Year by year

YearMULT
10$705
20$2,725
30$7,898