
Franklin Multisector Income ETF
$24.50+0.08 (+0.33%) past 5 days
- 0.39%
- $10M
- +1.2%
- 4.89%
- 257 sh
- low $24.09high $25.61
The ETF.net MULT Grade
Score 54 out of 100
- 3 of 8
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 100Rank 2 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.B65 out of 100Rank 6 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 2 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F8 out of 100Rank 8 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D29 out of 100Rank 7 of 8Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C47 out of 100Rank 5 of 8
Our read on MULT
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
Worth knowing
MULT Holdings
- Bonds
- 100%
- Ift - Money Market Port
MULT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | MULT |
|---|---|
| Year to date | +0.3% |
| 1 month | +0.7% |
| 3 months | −0.4% |
| 1 year | +1.2% |
| 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
- 4.89%
- $1.20
- $0.11 per share
- Monthly
Distribution history
MULT Risk
- 3.1%
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.
- −0.46
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.
- −2.7%
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.
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
Cost over time
Year by year
| Year | MULT |
|---|---|
| 10 | $705 |
| 20 | $2,725 |
| 30 | $7,898 |