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Launched

Franklin BSP CLO ETF

YCLONYSE ArcaFranklin TempletonC

$25.070.00 (−0.02%)

As of Nov 10, 2026, 9:46 AM ET

C42/ 100

Rank 23 of 34 in Collateralized Loan Obligations (CLO)

C42/100Rank 23 of 34inCollateralized Loan Obligations (CLO)
Intraday session: down, 1 prints from 25.07 to 25.07. Range 25.07 to 25.07. Use the arrow keys to read each point.25.0625.0625.0725.0725.0710 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$49M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
44
Avg volume · 30D
3.18K sh
52W range
low $25.04high $25.26
Launched

The ETF.net YCLO Grade

Based on 5 of 6 pillars

C

Score 42 out of 100

Category
Collateralized Loan Obligations (CLO)⁠
Rank
23 of 34
Six-pillar profile for YCLO. Scores out of 100: Cost 38, Risk 64, Mission not scored, Tradability 27, Holdings 45, Durability 45. Strongest: Risk (64). Weakest: Tradability (27). Based on 5 of 6 pillars.

Score 42 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.
    D38 out of 100
    Rank 21 of 34

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 13 of 33

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D27 out of 100
    Rank 29 of 34

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C45 out of 100
    Rank 24 of 34

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 23 of 34

Our read on YCLO

ETF.net Research

In short

CMost CLO ETFs park in AAA. YCLO roams the whole investment-grade CLO stack, US and European deals alike, run by Franklin's Benefit Street Partners credit desk with capital preservation as the stated first job.

Stated mandate

The Fund seeks capital preservation and current income.

Why people hold it

  • Active mandate across investment-grade CLO tranches in both US and European deals, hunting relative value instead of sitting only at the top of the stack.businesswire.comfranklintempleton.com
  • Stated job is capital preservation and current income, and CLO tranches pay floating-rate coupons, so the income stream resets with short-term rates.businesswire.com
  • The desk is not new to this: BSP is Franklin's alternative credit arm and its structured credit platform dates to 2009.businesswire.com

Worth knowing

  • Costs 0.35% a year, above the CLO ETF median and above the big AAA-only names like JAAA, CLOA and PAAA. That is the price of the wider mandate.
  • Reaching below AAA adds credit and downgrade risk; ratings on CLO tranches can be cut, and pricing can gap in stressed markets.businesswire.com
  • Launched in 2026, thinly traded, and a concentrated book of a few dozen tranches, so wider spreads come with the territory. Income arrives quarterly.

YCLO Performance

Launched Jun 2, 2026

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.Not enough history yet.Not enough history yet.
YCLO$10,076
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. YCLO $10,076. SPY $9,758. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for YCLO. Periods over one year show the average yearly return.
PeriodYCLO
Year to dateFund launched this yearNo data
1 month0.0%
3 months+0.8%
1 yearFund is under 1 year oldNo data
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 YCLO
YearReturn barYCLO
2026 YTD+1.9%

History from Jun 4, 2026

YCLO in the news

YCLO Dividends

Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 5 payments in 2026 YTD. Jul 1, 2026 $0.08; Aug 3, 2026 $0.09; Sep 1, 2026 $0.11; Oct 1, 2026 $0.10; Nov 2, 2026 $0.11. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Nov 5, 2026$0.11
Oct 1, 2026Oct 6, 2026$0.10
Sep 1, 2026Sep 4, 2026$0.11
Aug 3, 2026Aug 6, 2026$0.09
Jul 1, 2026Jul 7, 2026$0.08

YCLO Risk

Risk pillarB64 out of 100Rank 13 of 33 in Collateralized Loan Obligations (CLO)
How much the fund’s monthly returns vary, scaled to a year.
Launched Jun 2026; fills in after 12 months
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.
Launched Jun 2026; fills in after 12 months
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.
Launched Jun 2026; fills in after 12 months
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.
−0.05
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.

YCLO Cost

Compare YCLO and CLOC

Overpaying vs CLOC, cheapest in Collateralized Loan Obligations (CLO)

$3,377

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

  • YCLO 0.35%

    $7,126

  • CLOC 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • YCLO 0.35%
  • CLOC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530YCLO $7,126CLOC $3,749

Year by year

YearYCLOCLOCOverpaying
10$634$328$306
20$2,454$1,281$1,173
30$7,126$3,749$3,377

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