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IE00BFWXDX52

Franklin USD Investment Grade Corporate Bond UCITS ETF

Factsheet
Key Information Document
View All
As of 28.11.2025

NAV 1

$24,71

 
 

NAV Change 1

$-0,03

(-0,12%)
As of 31.10.2025

Morningstar Overall Rating™ 2

USD Corporate Bond

All Franklin Templeton UCITS ETFs publish indicative net asset values (iNAV) provided by STOXX. Read about the methodology used here: DAX Guides and Factsheets. 

Overview

  • Fund Description
  • Sustainability-related Disclosures
  • Registered Countries
  • What Are The Key Risks?

Fund Description

To seek to provide income from the USD-denominated bond market, while seeking to maintain some degree of capital preservation. The Fund mainly invests in fixed and floating rate investment grade corporate debt securities denominated in USD. These investments may be of any duration from anywhere in the world, including (to a lesser extent) emerging markets.

Sustainability-related Disclosures

The Sub-Fund promotes environmental and social characteristics in accordance with Article 8 of the Sustainable Finance Disclosure Regulation (the “SFDR”).

In its implementation of the Sub-Fund’s Environmental, Social and Governance (ESG) strategy, the Investment Manager avoids investment in issuers that are lagging in the transition to support a low-carbon economy.

The Sub-Fund’s environmental or social characteristics are assessed both quantitatively and qualitatively, by means of sustainability indicators as well as of the Investment Manager’s proprietary ESG ratings system and its research and engagement process further described in the website disclosure’s dedicated sections. As part of its investment decision making process, the Sub-Fund’s ESG strategy also uses binding criteria for the selection of underlying assets and applies specific ESG exclusions.

Finally, the Sub-Fund has a minimum allocation of 11% of its portfolio to sustainable investments. The Sub-Fund ensures that its sustainable investments do not cause significant harm to any environmental or social sustainable investment objective.

Please click here for more information.

Registered Countries

Registered Countries

Austria 
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Spain
Sweden
Switzerland
United Kingdom 

What Are The Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments. There is no guarantee that the Fund will meet its objective. 

The Fund invests primarily in U.S. dollar denominated corporate debt securities issued by U.S. and non-U.S. companies. Such securities have historically been subject to price movements, generally due to interest rates or movements in the bond market. As a result, the performance of the Fund can fluctuate moderately over time.

  • Other significant risks include: 
    Counterparty risk: the risk of failure of financial institutions or agents (when serving as a counterparty to financial contracts) to perform their obligations, whether due to insolvency, bankruptcy or other causes. 
    Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities. 
    Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks. 
    Secondary Market Trading risk: the risk that the shares purchased on the secondary market cannot usually be sold directly back to the Fund and that investors may therefore pay more than NAV per Share when buying shares or may receive less than the current NAV per Share when selling shares.

For full details of all the risks applicable to this Fund, please refer to the "Risk Considerations" section of the current prospectus of Franklin Templeton ICAV.

Fund Information
Base Currency for Fund 
USD
Total Net Assets  As of 26.11.2025 (Updated Daily)
$22,26 Million
Fund Inception Date 
25.06.2018
ETF Type 
Active
Fiscal Year End 
30 June
Asset Class 
Fixed Income
Benchmark 
Bloomberg US Corporate - Investment Grade Index
UCITS 
Yes
Administrator 
BNY Mellon Fund Services (Ireland) DAC
Depositary 
The Bank Of New York Mellon SA/NV, Dublin Branch
Use of Income 
Distributing
EU SFDR Category 
Article 8
Dividends & Yields
Distribution Frequency 
Semiannually
Distribution Amount  As of 11.06.2025
$0,5246
Payable Date  As of 11.06.2025
23.06.2025
Distribution Yield3  As of 27.11.2025 (Updated Monthly)
4,27%
Charges
Total Expense Ratio 
0,35%
Identifiers
ISIN Code 
IE00BFWXDX52
Valor Number 
41566201
Trading Characteristics
As of 27.11.2025 (Updated Monthly)
Shares Outstanding 
900'000

Trading Information

Select Exchange Select Exchange
  • Select Exchange
  • London Stock Exchange
  • Borsa Italiana
  • Deutsche Börse Xetra
  • SIX Swiss Exchange
Exchange Name 
London Stock Exchange
Ticker 
FLUC
Currency 
USD
Bloomberg 
FLUC LN
Reuters Number 
FLUC.L
SEDOL 
BF0T4B0
Exchange Name 
Borsa Italiana
Ticker 
FLUC
Currency 
EUR
Bloomberg 
FLUC IM
Reuters Number 
FLUC.MI
SEDOL 
BF0T4C1
Exchange Name 
Deutsche Börse Xetra
Ticker 
FVUI
Currency 
EUR
Bloomberg 
FVUI GY
Reuters Number 
FVUI.DE
SEDOL 
BF0T4F4
Exchange Name 
SIX Swiss Exchange
Ticker 
FLUC
Currency 
USD
Bloomberg 
FLUC SW
Reuters Number 
FLUC.S
SEDOL 
BFWXDX5
Exchange Name 
London Stock Exchange
Ticker 
FRUC
Currency 
GBP
Bloomberg 
FRUC LN
Reuters Number 
FRUC.L
SEDOL 
BF0T4M1

Fund Managers

Joshua Lohmeier, CFA®

Illinois, United States

Managed Fund Since 2023

Michael Cho, CFA®

Illinois, United States

Managed Fund Since 2024

Andrew C Benson

Massachusetts, United States

Managed Fund Since 2024

Marc Kremer, CFA®

New York, United States

Managed Fund Since 2018

Performance

  • Discrete Annual Performance
  • Cumulative Performance
  • Annualised Performance
  • Calendar Year Performance
  • Risk Measures

Discrete Annual Performance

Discrete Annual Performance

As of 31.10.2025

Past performance does not predict future returns. 

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -19.57 to 15.37.
End of interactive chart.

Month End   As of 31.10.2025
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Currency  
USD
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-24 / Oct-25  
6,12
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-23 / Oct-24  
13,46
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-22 / Oct-23  
1,68
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-21 / Oct-22  
-19,25
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-20 / Oct-21  
1,04
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-19 / Oct-20  
7,36
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Oct-18 / Oct-19  
14,38
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Performance Inception Date  
25.06.2018
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Fund Overview  
View
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Month End   As of 31.10.2025
Bloomberg US Corporate - Investment Grade Index (%)
Currency  
USD
Bloomberg US Corporate - Investment Grade Index (%)
Oct-24 / Oct-25  
6,62
Bloomberg US Corporate - Investment Grade Index (%)
Oct-23 / Oct-24  
13,63
Bloomberg US Corporate - Investment Grade Index (%)
Oct-22 / Oct-23  
2,77
Bloomberg US Corporate - Investment Grade Index (%)
Oct-21 / Oct-22  
-19,57
Bloomberg US Corporate - Investment Grade Index (%)
Oct-20 / Oct-21  
2,18
Bloomberg US Corporate - Investment Grade Index (%)
Oct-19 / Oct-20  
7,05
Bloomberg US Corporate - Investment Grade Index (%)
Oct-18 / Oct-19  
15,37
Bloomberg US Corporate - Investment Grade Index (%)
Performance Inception Date  
—
Bloomberg US Corporate - Investment Grade Index (%)
Fund Overview  
View
Bloomberg US Corporate - Investment Grade Index (%)

Cumulative Performance

Cumulative Performance

As of 31.10.2025

Past performance does not predict future returns. 

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2018-06-01 00:00:00 to 2025-10-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 99.33 to 126.96.
End of interactive chart.

Month End   As of 31.10.2025
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Currency  
USD
YTD  
6,97
1 Month  
0,33
3 Months  
2,72
6 Months  
4,79
1 Year  
6,12
3 Years  
22,43
5 Years  
-0,11
10 Years  
—
15 Years  
—
Performance Inception   25.06.2018
22,42
Month End   As of 31.10.2025
Bloomberg US Corporate - Investment Grade Index (%)
Currency  
USD
YTD  
7,29
1 Month  
0,38
3 Months  
2,92
6 Months  
4,90
1 Year  
6,62
3 Years  
24,51
5 Years  
2,32
10 Years  
—
15 Years  
—
Performance Inception   25.06.2018
26,10

Annualised Performance

Annualised Performance

As of 31.10.2025

Past performance does not predict future returns. 

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.02 to 7.58.
End of interactive chart.

Month End   As of 31.10.2025
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Currency  
USD
1 Year  
6,12
3 Years  
6,98
5 Years  
-0,02
Performance Inception   25.06.2018
2,79
Month End   As of 31.10.2025
Bloomberg US Corporate - Investment Grade Index (%)
Currency  
USD
1 Year  
6,62
3 Years  
7,58
5 Years  
0,46
Performance Inception   25.06.2018
3,20

Calendar Year Performance

Calendar Year Performance

As of 31.10.2025

Past performance does not predict future returns. 

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -15.81 to 14.54.
End of interactive chart.

Month End   As of 31.10.2025
Franklin USD Investment Grade Corporate Bond UCITS ETF (%)
Currency  
USD
YTD  
6,97
2024  
1,93
2023  
7,78
2022  
-15,81
2021  
-2,21
2020  
10,16
2019  
14,11
Performance Inception Date  
25.06.2018
Month End   As of 31.10.2025
Bloomberg US Corporate - Investment Grade Index (%)
Currency  
USD
YTD  
7,29
2024  
2,13
2023  
8,52
2022  
-15,76
2021  
-1,04
2020  
9,89
2019  
14,54
Performance Inception Date  
—

Risk Measures

Risk Measures

 As of 31.10.2025
Measured against: Bloomberg US Corporate - Investment Grade Index
Statistics 1 Year 3 Years 5 Years
Beta 1,00 0,980,98
Historical Tracking Error 0,23 0,540,54
Information Ratio -2,22 -1,11-0,89
Standard Deviation (%) 1 Year 3 Years 5 Years
Franklin USD Investment Grade Corporate Bond UCITS ETF 3,67 7,237,73
Bloomberg US Corporate - Investment Grade Index 3,67 7,397,86
Sharpe Ratio (%) 1 Year 3 Years 5 Years
Franklin USD Investment Grade Corporate Bond UCITS ETF 0,51 0,30-0,40

Portfolio

Assets

As of 27.11.2025 Updated Daily
Total Net Assets 
$22,27 Million

Positions

As of 27.11.2025 Updated Daily
 FundBenchmark
Number of Holdings 1368'560

Portfolio Statistics

As of 27.11.2025 Updated Daily
 FundBenchmark
Yield to Worst 4,71%4,74%
Average Credit Quality 4A-A-
Yield to Maturity 4,76%4,74%
Option Adjusted Spread Duration 76BPS80BPS
Effective Duration 6,82 Yrs6,84 Yrs
Average Weighted Maturity 10,20 Yrs10,28 Yrs

Portfolio Allocations

  • Geography
  • Sector
  • Maturity
  • Credit Quality

Geography

Geographic Allocation

As of 27.11.2025 % of Total Updated Daily

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.395 to 89.016.
End of interactive chart.
Fund Benchmark
86,67% 89,02%
10,76% 6,79%
0,67% 0,59%
0,40% 1,00%
1,51% —

Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions. 

Sector

Sector Allocation

As of 27.11.2025 Duration Contribution Updated Daily

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.319 to 36.157.
End of interactive chart.
% of Total Benchmark Duration Contribution 5
Finance 36,16% 33,08%1,79 Years
Health Care 10,92% 9,55%1,04 Years
Technology 10,21% 9,47%0,76 Years
Utility 6,91% 9,85%0,46 Years
Energy 5,39% 7,27%0,40 Years
Industrial 4,13% 3,30%0,25 Years
Food and Beverage 3,50% 4,52%0,31 Years
Wireless 3,01% 1,85%0,11 Years
Wired 2,93% 2,46%0,25 Years
Retailers 2,54% 2,98%0,36 Years
Cable Satellite 2,48% 1,57%0,17 Years
Media (Non-Cable) 2,13% 1,34%0,21 Years
Building 1,87% 0,69%0,13 Years
Transportation 1,64% 2,06%0,12 Years
Consumer Cyclical Services 1,12% 0,32%0,21 Years
Metals & Mining 1,03% 1,01%0,09 Years
Treasury & Government Related 0,74% —0,06 Years
Paper 0,67% 0,36%0,03 Years
Automotive 0,57% 2,48%0,03 Years
Chemicals 0,55% 1,10%0,02 Years
Cash & Cash Equivalents 1,51% ——

Maturity

Maturity Allocation

As of 27.11.2025 Market Value % of Total Updated Daily

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.265 to 18.501.
End of interactive chart.
Fund Benchmark
0 to 1 Year 5,03% 0,27%
1 to 2 Years 9,78% 10,49%
2 to 3 Years 7,85% 10,26%
3 to 5 Years 15,11% 18,11%
5 to 7 Years 14,24% 12,12%
7 to 10 Years 18,50% 16,58%
10 to 15 Years 1,63% 5,97%
15 to 20 Years 8,45% 6,59%
20 to 25 Years 7,39% 8,55%
25 to 30 Years 10,89% 8,33%
30+ Years 1,12% 2,42%

Credit Quality

Credit Quality Allocation

As of 27.11.2025 Updated Daily

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.302 to 46.083.
End of interactive chart.
Fund Benchmark
AAA 1,12% 1,01%
AA 5,59% 6,96%
A 45,75% 46,08%
BBB 45,73% 45,65%
BB 0,30% —
Cash & Cash Equivalents 1,51% —

Portfolio Holdings

Holdings

As of 27.11.2025 Updated Daily
Security Name 
MORGAN ST VAR 22/07/28
Weight (%) 
2,31
Market Value 
515'389,61
Notional Exposure 
515'389,61
Quantity 
520'000,00
Security Name 
Bank of A VAR 09/05/36
Weight (%) 
1,68
Market Value 
374'999,98
Notional Exposure 
374'999,98
Quantity 
355'000,00
Security Name 
Citigroup VAR 17/11/33
Weight (%) 
1,58
Market Value 
351'429,35
Notional Exposure 
351'429,35
Quantity 
320'000,00
Security Name 
Morgan St VAR 21/04/34
Weight (%) 
1,52
Market Value 
337'778,89
Notional Exposure 
337'778,89
Quantity 
325'000,00
Security Name 
CASH
Weight (%) 
1,51
Market Value 
335'914,04
Notional Exposure 
335'914,04
Quantity 
335'914,04
Security Name 
CITIGROUP VAR 24/07/28
Weight (%) 
1,45
Market Value 
322'806,56
Notional Exposure 
322'806,56
Quantity 
325'000,00
Security Name 
Verizon C 2.85% 03/09/41
Weight (%) 
1,35
Market Value 
300'199,25
Notional Exposure 
300'199,25
Quantity 
410'000,00
Security Name 
T-Mobile 3.375% 15/04/29
Weight (%) 
1,34
Market Value 
297'602,24
Notional Exposure 
297'602,24
Quantity 
305'000,00
Security Name 
AerCap Ir 2.45% 29/10/26
Weight (%) 
1,33
Market Value 
295'470,26
Notional Exposure 
295'470,26
Quantity 
300'000,00
Security Name 
Comcast C 4.65% 15/02/33
Weight (%) 
1,31
Market Value 
291'794,01
Notional Exposure 
291'794,01
Quantity 
290'000,00

These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable. 

Dividends

Pricing

Pricing History Chart

As of 28.11.2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 1938 data points.
The chart has 1 X axis displaying Time. Data ranges from 2018-06-25 00:00:01 to 2025-11-28 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 22.02 to 29.61.
End of interactive chart.

Past performance does not predict future returns. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Historical pricing details provided are in share class currency, calculated NAV, taking into account of reinvestments and capital gain or loss. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.

Share Prices

As of 28.11.2025
NAV1 (Net Asset Value)
$24,71
NAV Change1 
$-0,03
NAV Change (%)1 
-0,12%
Highest / Lowest NAV
As of 28.11.2025 Updated Daily
Year 
Highest NAV
2025  
$24,83 As on 28.10.2025
2024  
$24,89 As on 16.09.2024
2023  
$24,25 As on 02.02.2023
2022  
$27,85 As on 04.01.2022
2021  
$29,34 As on 04.01.2021
2020  
$29,61 As on 30.11.2020
2019  
$27,75 As on 11.12.2019
2018  
$25,48 As on 20.08.2018
Year 
Lowest NAV
2025  
$23,17 As on 13.01.2025
2024  
$23,20 As on 16.04.2024
2023  
$22,02 As on 19.10.2023
2022  
$22,07 As on 21.10.2022
2021  
$27,68 As on 18.03.2021
2020  
$24,31 As on 19.03.2020
2019  
$24,81 As on 04.01.2019
2018  
$24,66 As on 13.12.2018
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 28.11.2025
$24,71 (USD)
Highest NAV  As of 28.10.2025
$24,83 (USD)
Lowest NAV  As of 14.11.2025
$24,44 (USD)

Historical Pricing Results   From   28.10.2025   To   28.11.2025

Date 
28.11.2025
NAV  
$24,71
NAV Change  
$-0,03
NAV Change (%)  
-0,12%
Date 
27.11.2025
NAV  
$24,74
NAV Change  
$0,00
NAV Change (%)  
0,00%
Date 
26.11.2025
NAV  
$24,74
NAV Change  
$0,06
NAV Change (%)  
0,24%
Date 
25.11.2025
NAV  
$24,68
NAV Change  
$0,07
NAV Change (%)  
0,28%
Date 
24.11.2025
NAV  
$24,61
NAV Change  
$0,08
NAV Change (%)  
0,33%
Date 
21.11.2025
NAV  
$24,53
NAV Change  
$0,03
NAV Change (%)  
0,12%
Date 
20.11.2025
NAV  
$24,50
NAV Change  
$0,04
NAV Change (%)  
0,16%
Date 
19.11.2025
NAV  
$24,46
NAV Change  
$0,00
NAV Change (%)  
0,00%
Date 
18.11.2025
NAV  
$24,46
NAV Change  
$0,00
NAV Change (%)  
0,00%
Date 
17.11.2025
NAV  
$24,46
NAV Change  
$0,02
NAV Change (%)  
0,08%
Date 
14.11.2025
NAV  
$24,44
NAV Change  
$-0,05
NAV Change (%)  
-0,20%
Date 
13.11.2025
NAV  
$24,49
NAV Change  
$-0,09
NAV Change (%)  
-0,37%
Date 
12.11.2025
NAV  
$24,58
NAV Change  
$-0,01
NAV Change (%)  
-0,04%
Date 
11.11.2025
NAV  
$24,59
NAV Change  
$0,08
NAV Change (%)  
0,33%
Date 
10.11.2025
NAV  
$24,51
NAV Change  
$0,01
NAV Change (%)  
0,04%
Date 
07.11.2025
NAV  
$24,50
NAV Change  
$-0,03
NAV Change (%)  
-0,12%
Date 
06.11.2025
NAV  
$24,53
NAV Change  
$0,08
NAV Change (%)  
0,33%
Date 
05.11.2025
NAV  
$24,45
NAV Change  
$-0,07
NAV Change (%)  
-0,29%
Date 
04.11.2025
NAV  
$24,52
NAV Change  
$0,03
NAV Change (%)  
0,12%
Date 
03.11.2025
NAV  
$24,49
NAV Change  
$-0,06
NAV Change (%)  
-0,24%
Date 
31.10.2025
NAV  
$24,55
NAV Change  
$-0,07
NAV Change (%)  
-0,28%
Date 
30.10.2025
NAV  
$24,62
NAV Change  
$-0,08
NAV Change (%)  
-0,32%
Date 
29.10.2025
NAV  
$24,70
NAV Change  
$-0,13
NAV Change (%)  
-0,52%
Date 
28.10.2025
NAV  
$24,83
NAV Change  
$0,01
NAV Change (%)  
0,04%

Documents

Product Literature

PDF Format

Fact Sheet - Franklin USD Investment Grade Corporate Bond UCITS ETF

Regulatory Documents

PDF Format

Key Information Document - Franklin USD Investment Grade Corporate Bond UCITS ETF

PDF Format

Prospectus (English) - Franklin Templeton ICAV (ETFs)

PDF Format

Annual Report - Franklin Templeton ICAV

PDF Format

Semi Annual Report - Franklin Templeton ICAV

PDF Format

Global Supplement - Franklin Templeton ICAV (ETFs)

PDF Format

Instrument of Incorporation - Franklin LibertyShares ICAV (ETFs)

PDF Format

Re: Change of Administrator and Depositary as well as amendments to the Prospectus and to certain Sub-Fund supplements