Franklin BSP CLO ETF
Data updated: 2026-08-27
C000270860 — Franklin BSP CLO ETF. 0.35% expense ratio · since 2026 · Long Securitized (MBS/ABS/CMBS) Bond. Holdings, fees, performance and SEC filings.
C000270860 Fund Overview
Franklin BSP CLO ETF is a US mutual fund managed by Franklin Templeton ETF Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Templeton ETF Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $50.32M
- SEC CIK: 0001655589
- SEC series ID: S000100939
- Share class ID: C000270860
C000270860 Investment Objective and Strategy
Franklin BSP CLO ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Franklin Templeton ETF Trust.
Investment objective
To seek capital preservation and current income.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets in collateralized loan obligations (“CLOs”). A CLO is a vehicle that issues primarily floating-rate, and sometimes fixed-rate, debt securities that are collateralized primarily by a pool of loans, which may include, among others, domestic and foreign senior secured loans, senior unsecured loans and subordinate corporate loans (which may also be unrated loans), or below investment grade debt securities (also known as “junk bonds”). Under normal market conditions, the Fund predominantly invests in investment grade-rated debt tranches of CLOs. Investment grade CLO securities are rated at the time of purchase in the top four ratings categories by one or more independent rating organizations such as S&P ® Global Ratings (S&P ® ) (rated BBB- or better), Fitch Ratings (rated BBB- or higher) or Moody’s Investors Service (Moody’s) (rated Baa3 or higher) or, if unrated, are determined to be of comparable quality by the Fund’s investment manager.
In addition, under normal market conditions, the Fund generally only invests up to 5% of its net assets in CLO securities rated below BB- or Ba3 at the time of purchase, or, if unrated, are determined to be of comparable quality by the Fund’s investment manager. The Fund will not invest in any CLO equity security. After purchase, a CLO may have its rating reduced. In such cases, the Fund will consider whether to continue to hold the CLO. The portfolio management team may also seek to take advantage of mispricing in the secondary market of CLO securities, including during unusual market conditions, market dislocations and other periods of market stress (which may include the downgrade in the ratings of numerous CLOs). In such circumstances, the Fund may invest a greater percentage of its net assets in below investment grade CLO securities, including a greater percentage in those rated below BB- or Ba3.
The Fund may purchase CLO securities both in the primary ma
C000270860 Holdings
Top 10 holdings of Franklin BSP CLO ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Pikes Peak Clo 3 | 7.95% |
| Tpg Clo 2025-2 Ltd. | 5.97% |
| Vibrant Clo Xi Ltd. | 5.96% |
| Halseypoint Clo 5 Ltd. | 4.97% |
| Trimaran Cavu 2021-2 Ltd. | 4.97% |
| Wind River 2023-1 Clo Ltd. | 3.99% |
| Silver Point Clo 15 Ltd. | 3.98% |
| Diameter Capital Clo 9 Ltd. | 3.97% |
| Sixth Street Clo 2023-22 Ltd. | 3.97% |
| Madison Park Funding Xxxiv Ltd. | 3.97% |
C000270860 Portfolio Allocation
Asset-class allocation of Franklin BSP CLO ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 99.4% |
| Cash & Equivalents | 3.5% |
| Fixed Income | 2.3% |
| Derivatives | 0.4% |
C000270860 Performance
Total returns for C000270860 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.64% |
C000270860 Costs and Fees
C000270860 costs about $35 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.35%
- Gross expense ratio: 0.35%
C000270860 Cashflows
Over the 12 months to 2026-06, Franklin BSP CLO ETF had net inflows of $50.00M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $50.00M |
| 2026-05 | $0 |
| 2026-04 | $0 |
C000270860 Debt Constituents
Largest debt holdings of Franklin BSP CLO ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Cadogan Square Clo Xi Dac | 2.27% |
C000270860 Prospectus and SEC Filings
Official Franklin BSP CLO ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.