Franklin Liberty High Yield Corporate ETF
Company Overview
Franklin Liberty High Yield Corporate ETF (FLHY) is an actively managed exchange-traded fund that seeks to provide high current income while maintaining prospects for capital appreciation. The fund primarily invests in high-yield corporate bonds, also known as junk bonds, which are debt securities issued by companies with lower credit ratings.
The fund's primary investment strategy involves investing in debt securities that pay interest, including corporate bonds, bank loans, and other debt obligations. These investments typically carry higher risks but offer potentially higher yields compared to investment-grade bonds.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|
Company Impact
Help us evaluate Franklin Liberty High Yield Corporate ETF's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.