Franklin High Yield Corporate ETF (FLHY)

Franklin High Yield Corporate ETF (FLHY) is an exchange-traded fund in the High Yield Bond category. It has $1.18B in assets, an expense ratio of 0.40% and a 6.45% dividend yield. Under normal market conditions, the fund invests at least 80% of its net assets in high yield corporate debt securities and investments that provide exposure to high yield corporate debt securities. It may invest up to 100% of its total assets in high yield debt securities. The fund may invest in debt securities of U.S. and foreign issuers, including those in developing or emerging markets. These securities may be U.S. dollar or non-U.S. dollar denominated.