Franklin U.S. Core Bond ETF (FLCB) Holdings & Expense Ratio

For informational purposes only. Not financial advice.

Quick Answer

Franklin U.S. Core Bond ETF (FLCB) has a last stored price of $20.33, as of the Oct 2, 2026 trading session. It has a 0.15% expense ratio and $2.9B in assets under management.

Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is Franklin Instl U.S. Govt Mny Mkt Fund (INFXX) at 1.55%, and the largest sector allocation is Cash & Others at 94.2%.

Franklin U.S. Core Bond ETF (FLCB) ETF — Price, Holdings & Analysis

ETF Overview

FLCB aims to achieve total return by investing in a diversified portfolio of U.S. dollar-denominated fixed-income securities. The fund's strategy involves actively pursuing relative value opportunities across various sectors of the U.S. bond market. FLCB invests in bonds issued by U.S. entities, including government debt, corporate bonds, mortgage-backed securities (MBS), and asset-backed securities (ABS). The ETF's current sector allocation shows a significant allocation to Cash & Others at 94.2%, followed by Financial Services at 2.5%, Healthcare at 0.9%, and smaller allocations to Energy, Communication Services, Utilities, Industrials, Consumer Defensive, and Technology. The fund's top holding is Franklin Instl U.S. Govt Mny Mkt Fund (INFXX) at 1.55%. FLCB is designed for investors seeking broad exposure to the U.S. investment-grade bond market with an actively managed approach.

Risk Metrics

FLCB's risk profile is influenced by its sector and country allocations. The significant allocation to Cash & Others (94.2%) may reduce interest rate sensitivity but could also limit potential returns compared to a portfolio more heavily invested in bonds. The fund's beta of 1.00 indicates market-like volatility relative to its benchmark. Country exposure reveals that 64.1% of the fund is allocated to the United States, while 32.5% is allocated to 'Other' countries, potentially introducing some degree of geographic risk. The expense ratio of 0.15% will create a slight drag on performance, but is relatively low. These factors may be worth researching when assessing FLCB's suitability for their risk tolerance and investment objectives. Past performance does not guarantee future results.

Beta: 1.00

Expense Ratio

0.15%

What does FLCB hold?

Holding	Weight
Franklin Instl U.S. Govt Mny Mkt Fund (INFXX)	1.55%

Holdings and weights as of Mar 15, 2026. This fund data is more than 45 days old; verify current holdings with the issuer.

How Is the Fund Allocated?

Sector	Weight
Cash & Others	94.2%
Financial Services	2.5%
Healthcare	0.9%
Energy	0.7%
Communication Services	0.6%
Utilities	0.4%
Industrials	0.4%
Consumer Defensive	0.2%
Technology	0.2%

Country	Weight
United States	64.1%
Other	32.5%
Ireland	0.7%
Canada	0.6%
France	0.5%
Netherlands	0.3%
United Kingdom	0.3%
Luxembourg	0.2%
Spain	0.1%
Norway	0.1%

Dividend Yield

0.00%

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iShares 20+ Year Treasury Bond ETF (TLT) — 0.15% expense ratio
Academy Veteran Impact ETF (VETZ) — 0.35% expense ratio
iShares Securitized Income Active ETF (SECU) — 0.40% expense ratio
Putnam ESG High Yield ETF (PHYD) — 0.57% expense ratio
Bluemonte Long Term Bond ETF (BLTD) — 0.23% expense ratio
JPMorgan International Bond Opportunities ETF (JPIB) — 0.50% expense ratio
iShares iBonds Oct 2027 Term TIPS ETF (IBID) — 0.10% expense ratio

Franklin Short Duration U.S. Government ETF (FTSD) (Fixed Income) — 0.25% expense ratio
Franklin International Low Volatility High Dividend Index ETF (LVHI) (Equity) — 0.40% expense ratio
Franklin U.S. Low Volatility ETF (FLLV) (Equity) — 0.29% expense ratio
Franklin FTSE Australia ETF (FLAU) (Equity) — 0.09% expense ratio
ClearBridge All Cap Growth ESG ETF (CACG) (Equity) — 0.54% expense ratio

Questions & Answers

What is FLCB and what does it track?

The Franklin U.S. Core Bond ETF (FLCB) is an actively managed fixed-income ETF that seeks to provide total return by investing primarily in U.S. dollar-denominated bonds. These bonds include U.S. government securities, corporate debt, mortgage-backed securities, and asset-backed securities.

What is the expense ratio for FLCB?

The expense ratio for the Franklin U.S. Core Bond ETF (FLCB) is 0.15%. This means that for every $10,000 invested in the fund, investors will pay $15 in annual expenses.

While expense ratios can vary among fixed-income ETFs, FLCB's expense ratio is relatively competitive.

What are the top holdings in FLCB?

The Franklin U.S. Core Bond ETF (FLCB) has a diverse portfolio of fixed-income securities. As of 2026-03-15, the top holding is Franklin Instl U.S. Govt Mny Mkt Fund (INFXX) at 1.55%.

While specific bond holdings can change over time due to the fund's active management strategy, this allocation provides a snapshot of the fund's current composition.

Is FLCB a good long-term investment?

Whether FLCB is a suitable long-term investment depends on an investor's individual circumstances, risk tolerance, and investment objectives. FLCB offers exposure to the U.S. core bond market, which can provide stability and income.

The fund's active management strategy may offer the potential for outperformance, but it also introduces the risk of underperformance.

How does FLCB compare to similar ETFs?

FLCB distinguishes itself through its active management approach, aiming to outperform passive core bond ETFs. Its expense ratio is 0.15%.

In comparison, some passively managed core bond ETFs may have lower expense ratios, while other actively managed funds may have higher ones. FLCB's AUM of $2.89 billion indicates a substantial investor base.

Does FLCB pay dividends?

As of 2026-03-15, the Franklin U.S. Core Bond ETF (FLCB) has a dividend yield of 0.00%. While the fund invests in fixed-income securities, the current yield reflects the distributions paid out to shareholders relative to the fund's net asset value.

Investors seeking income from their investments should consider FLCB's dividend yield in conjunction with its overall investment strategy and risk profile.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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