---
ticker: "MULT"
name: "Franklin Multisector Income ETF"
url: "https://etf.net/etf/MULT"
grade: "C"
score: 55
graded_at: "2026-10-12"
category: "Conservative Allocation"
category_rank: "3 of 8"
methodology: "https://etf.net/methodology"
---

# MULT: Franklin Multisector Income ETF

Grade **C**, Score 55 of 100. Rank 3 of 8 in Conservative Allocation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 74 | 2 of 8 |
| Mission | 66 | 6 of 8 |
| Risk | 62 | 2 of 8 |
| Tradability | 8 | 8 of 8 |
| Holdings | 35 | 7 of 8 |
| Durability | 48 | 5 of 8 |

## Top holdings

The fund holds 333 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Recv REC4.4PAYSOFR121633J | 39.99% |
| 2 | — | Recv PAY4.36RECSOFR121628 | 36.35% |
| 3 | — | Ift - Money Market Port | 15.15% |
| 4 | — | Recv PAY4.48RECSOFR121636 | 4.66% |
| 5 | — | Recv REC4.36PAYSOFR121631 | 4.47% |
| 6 | — | Drslf 2024-115A Dr 4/37 | 3.89% |
| 7 | — | Recv PAY4.6RECSOFR121656J | 3.69% |
| 8 | — | Fncl 5 11/26 | 3.54% |
| 9 | — | G2SF 5.5 10/26 | 2.97% |
| 10 | — | Fncl 5.5 11/26 | 1.97% |
| 11 | — | Turkiye Rep O 11.875 1/30 | 1.66% |
| 12 | — | Fncl 6 11/26 | 1.62% |
| 13 | — | Romania 7.125 1/33 | 1.58% |
| 14 | EC | Ecopetrol SA 6.875 4/30 | 1.44% |
| 15 | — | Brazil Rep of 8.25 1/34 | 1.37% |
| 16 | MEX | United Mexican 6.75 9/34 | 1.35% |
| 17 | — | Fncl 2.5 11/26 | 1.29% |
| 18 | — | Republic of Pe 2.783 1/31 | 1.11% |
| 19 | — | Pret 2026-RN2 A1 7/56 | 1.01% |
| 20 | — | Pret 2026-RN1 A1 6/66 | 0.96% |
| 21 | — | Rco 2026-2 A1 5/31 | 0.93% |
| 22 | — | Fncl 6.5 11/26 | 0.93% |
| 23 | — | Pret 2026-NPL1 A1 1/56 | 0.93% |
| 24 | — | Gnr 2022-81 Bi 11/50 | 0.89% |
| 25 | — | Stacr 2019-FTR3 B2 9/47 | 0.86% |
| 26 | — | Gnr 2016-42 Io 2/46 | 0.85% |
| 27 | — | Gnr 2023-40 Ci 10/50 | 0.84% |
| 28 | — | Drmt 2024-1 A1 7/69 | 0.83% |
| 29 | — | Fnr 2024-95 Kf 12/54 | 0.81% |
| 30 | — | Cas 2021-R01 1B2 10/41 | 0.72% |

Source: etf.net, https://etf.net/etf/MULT. Please cite the page URL.