More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$959609574
P/E ratio
166.3
Dividend yield
6.9812%
Expense ratio
0.45%
Beta
0.158857
Previous close
$23.72
Today's open
$23.72
Day's range
$23.68 - $23.72
52 week range
$22.92 - $24.44
show more
Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Exchange-Traded Fund
Bonds
Domestic
FLBL Is One Of The Best Senior Loan ETFs In The Market, But Not A Buy Right Now
Senior loan ETFs have outperformed these past few years, including FLBL. Recent Fed cuts have led to dividend cuts for these ETFs, resulting in lower returns. High-yield bonds look more compelling than FLBL right now, and should outperform unless conditions radically change in the coming months.
Seeking Alpha • Sep 24, 2025

FLBL Sits On The Throne Of Floating Rates, If Only The Market Weren't Changing
FLBL's active management, led by experienced managers, has generated alpha and offers a 6.31% SEC yield, primarily from B-rated securities. Lower expense ratio, better performance, contained volatility, active management, but low turnover (tax efficiency). 5Y performance better than even fixed income assets like HYG, despite lower volatility.
Seeking Alpha • May 9, 2025

Wall Street Bloodbath: Use It to Buy These ETFs
Wall Street experienced a bloodbath on March 10, 2025 as the selling pressures that weighed on U.S. stocks last week continued. The Nasdaq slumped 4% on the day, marking its biggest one-day loss since September 2022.
Zacks Investment Research • Mar 11, 2025

FLBL: Steady Risk-Adjusted Performance And High Yield
Franklin Senior Loan ETF FLBL is an actively managed, highly diversified fund with $742M in AUM that invests in senior-secured floating rate loans. FLBL seeks a high level of current income with a secondary goal of capital preservation. FLBL has a strong risk adjusted performance compared to peers over the past five years. The expense ratio is 0.45 and the 30-Day SEC Yield is 7.23%.
Seeking Alpha • Jan 7, 2025

FLBL: A Senior Loan ETF With 8.3% Yield And Strong Performance
Franklin Senior Loan ETF is the most affordable senior loan ETF with a 0.45% expense ratio. It sports an above-average 8.3% dividend yield and could benefit from a higher for the longer situation. FLBL is a solid, albeit somewhat risky, investment opportunity.
Seeking Alpha • Jun 18, 2024

FLBL: Moving This Loan Fund To Hold (Rating Downgrade)
The Franklin Senior Loan ETF has generated a total return of almost 7% since our 'Buy' rating, with a low drawdown, mainly driven by its dividend yield. Despite the high rates environment, the lack of significant defaults has contributed to the smooth performance of the ETF. While historically low, default rates have begun to climb in 2024. This could negatively impact the value of the fund's holdings.
Seeking Alpha • May 6, 2024

FLBL: The Cycle Shift Doesn't Help
Franklin Senior Loan ETF offers access to floating rate exposure and has an impressive 30-day SEC yield exceeding 8.9%. FLBL has a conservative composition with a focus on the healthcare sector and offers protection against credit risk. FLBL faces competition from other leveraged funds, but its low interest rate risk and below-average expense ratio make it an attractive choice.
Seeking Alpha • Dec 7, 2023

The Best Floating Rate Funds For Income Investors And Retirees
Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there are options with minimal risk and high yields in the floating rate space.
Seeking Alpha • Oct 30, 2023

VettaFi Voices On: Investments for a (Not so) Scary Market
Hello, VettaFi Voices! The Wall Street Journal mentioned today that the 10-year Treasury yield is the highest it's been since 2007 as we head into another earnings season.
ETF Trends • Oct 13, 2023

5 Bank Loan ETFs to Capitalize on Higher Rates
Amid the prospect of higher interest rates for a longer-than-expected period, investors are flocking to bank loan ETFs.
Zacks Investment Research • Oct 5, 2023

¹ Disclosures

Open an M1 investment account to buy and sell Franklin Liberty Senior Loan ETF commission-free¹. Build wealth for the long term using automated trading and transfers.