Seeking AlphaT3·28mo ago
FLBL Franklin Senior Loan ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FLBL
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Key stats
About
Franklin Senior Loan ETF (FLBL) ETF
No description available.
- Exchange
- BATS
- Inception
- 2018-05-30
- Has Options
- No
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jun 2026flows, SEC filings
- Expense ratio
- 0.45% issuer, Oct 21, 2026
- Assets
- $758M issuer-reported, Oct 20, 2026
- Trailing yield
- 7.60% paid monthly
- Average daily volume
- $11M 30 sessions
- Holdings
- 260 top 10 are 11.3%
- Listed
- May 30, 2018 Cboe BZX
- Net asset value
- $22.74 issuer, Oct 20, 2026 · closed +0.04% to NAV
- Median bid/ask spread
- 0.04% 30 days, issuer-reported
- 30-day SEC yield
- 7.29% issuer, Sep 30, 2026
- Return on NAV, 1 year
- +3.1% issuer, through Sep 30, 2026 · 3 years +6.1% a year · 5 years +5.4%
- Distributions, 12 months
- $1.73 a share issuer, through Oct 1, 2026: 100% income
Cost28
Liquidity69
Scale70
Diversification100
Moves with. High yield over Treasuries (12% of its variance, beta 0.42); Long Treasuries (6% of its variance, beta 0.15); Bitcoin (5% of its variance, beta 0.01). These factors explain 22% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. High level of current income. A secondary goal is preservation of capital. (from the fund's prospectus)
All 260 holdingsFlow historyOverlap toolAll Bank Loans & CLOs ETFs
Fund flows
daily as of Oct 16, 2026issuer datathrough Jun 2026SEC filings- Oct 16, 2026
- $0 latest day
- Latest 5 trading days
- −$42M
- Year to date
- −$42M
Each day
| Day | Net flow |
|---|---|
| Oct 16, 2026 | $0 |
| Oct 15, 2026 | −$25M |
| Oct 14, 2026 | −$16M |
| Oct 13, 2026 | −$1.1M |
| Oct 12, 2026 | $0 |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jun 2026
- $0 latest reported month
- Latest 3 months
- +$48M +5.7% of assets
- Latest 12 months
- −$184M −21.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | $0 |
| May 2026 | +$25M |
| Apr 2026 | +$23M |
| Mar 2026 | −$86M |
| Feb 2026 | −$52M |
| Jan 2026 | +$21M |
| Dec 2025 | −$45M |
| Nov 2025 | −$119M |
| Oct 2025 | −$89M |
| Sep 2025 | +$18M |
| Aug 2025 | +$20M |
| Jul 2025 | +$99M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| JAAAJanus Henderson AAA CLO ETF | — | 0.20% | $32.5B | −0.0% | compare |
| PAAAPGIM AAA CLO ETF | — | 0.19% | $10.2B | +0.1% | compare |
| BKLNInvesco Senior Loan ETF | — | 0.65% | $6.2B | −2.6% | compare |
| SRLNState Street Blackstone Senior Loan ETF | — | 0.70% | $5.4B | −3.1% | compare |
| CLOABlackRock ETF Trust II iShares AAA CLO Active ETF | — | 0.20% | $2.8B | +0.1% | compare |
The largest other funds in the Bank Loans & CLOs category.
Look-through: what the holdings say
weights as of Oct 20, 2026issuer data- Insider buying
- 0% of weight had net insider buying, 90 days; 0% net selling
- 13F holders
- +14.9% change in shares held by institutions, latest quarter
- Reporting earnings
- 0.0% of weight in 7 days; 0.0% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Oct 15, 2026 → Oct 19, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Decrease | JAAAJANUS HENDERSON AAA CLO E | 0.85% | 0.41% | −51.6% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 1.1%. Full holdings and history
Under the hood
fiscal year to Mar 31, 2026SEC census- Authorized participants
- 7 active of 21 with agreements; top 3 did 80%
- Created · redeemed
- $235M · $467M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 50,000 shares
- Securities lending
- not authorized
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-20
Holdings
260
AUM
$758.3M
Provider
Franklin
Inception
2018-05-30
Exchange
BATS
Data As Of
2026-10-20
Expense Ratio
0.45%
Dividend Yield
7.60%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-06 | $0.1416 | CD |
| 2026-09-01 | 2026-09-04 | $0.1281 | CD |
| 2026-08-03 | 2026-08-06 | $0.1412 | CD |
| 2026-07-01 | 2026-07-07 | $0.1265 | CD |
| 2026-06-01 | 2026-06-04 | $0.1635 | CD |
| 2026-05-01 | 2026-05-06 | $0.1534 | CD |
Asset Allocation
Top Holdings
top 50 of 260 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | IFT - MONEY MARKET PORT | 3.51% | Cash/Money Market | — |
| — | Net Current Assets | 2.70% | Cash/Money Market | — |
| — | Peraton 02/01/2 02/01/28 | 1.28% | Corporate Bond | — |
| — | Boxer Parent Com 07/30/31 | 1.26% | Corporate Bond | — |
| — | DAWN BIDC 02/04/33 | 1.20% | Corporate Bond | — |
| — | McAfee 03/01/29 03/01/29 | 1.18% | Corporate Bond | — |
| — | SEDGWICK CLAIMS 07/31/31 | 1.15% | Corporate Bond | — |
| — | Cotiviti Corpor 05/01/31 | 1.11% | Corporate Bond | — |
| — | AMWINS GROUP I 01/30/32 | 1.05% | Corporate Bond | — |
| — | ATHENAHEALTH GRO 02/17/32 | 1.05% | Corporate Bond | — |
| — | HUB Internationa 06/20/30 | 1.04% | Corporate Bond | — |
| — | UK 02/10/31 Term 02/10/31 | 1.01% | Corporate Bond | — |
| — | BROADSTREET PART 06/13/31 | 0.94% | Corporate Bond | — |
| — | CLD SFTWR GRP 03/24/31 | 0.93% | Corporate Bond | — |
| — | ALLIED UNVL HOLD 08/06/32 | 0.89% | Corporate Bond | — |
| — | Alliant Hldgs In 09/19/31 | 0.88% | Corporate Bond | — |
| — | Great Outdoors G 01/23/32 | 0.88% | Corporate Bond | — |
| — | Clydesdale Acqui 04/01/32 | 0.88% | Corporate Bond | — |
| — | Hologi 04/07/33 | 0.82% | Corporate Bond | — |
| — | MH SUB I 04/20/28 | 0.82% | Corporate Bond | — |
| — | MEDLINE INDUSTRIE 5/30/33 | 0.82% | Corporate Bond | — |
| — | WEC US Holdings 01/27/31 | 0.80% | Corporate Bond | — |
| — | UFC Holdings (TK 11/21/31 | 0.80% | Corporate Bond | — |
| — | NEON MAPLE PURCH 11/17/31 | 0.76% | Corporate Bond | — |
| — | Mission Pet H 12 12/04/31 | 0.74% | Corporate Bond | — |
| — | FIRST STUDENT BI 08/15/30 | 0.73% | Corporate Bond | US |
| — | FERTITTA ENTM 01 01/27/29 | 0.73% | Corporate Bond | — |
| — | Hunter Douglas 0 01/20/32 | 0.71% | Corporate Bond | — |
| — | PHOENIX GUARANTO 02/21/31 | 0.71% | Corporate Bond | — |
| — | HUDSON RIV TRADI 03/18/30 | 0.70% | Corporate Bond | — |
| — | US ANESTHESIA PA 10/01/28 | 0.70% | Corporate Bond | — |
| — | OPAL BIDCO SAS-F 04/28/32 | 0.69% | Corporate Bond | — |
| — | CHARLOTTE BUYER 06/17/31 | 0.69% | Corporate Bond | — |
| — | OSAIC HLDG 07/30/32 | 0.67% | Corporate Bond | — |
| — | Kaseya 03/20/32 03/20/32 | 0.67% | Corporate Bond | — |
| — | ASCEND LEARNIN 1 12/11/28 | 0.66% | Corporate Bond | — |
| — | BAUSCH LOMB 01/15/31 | 0.66% | Corporate Bond | — |
| — | Prim Prods Fi 04 04/01/29 | 0.65% | Corporate Bond | — |
| — | Epicor Software 05/30/31 | 0.65% | Corporate Bond | — |
| — | WINDSOR HLDGS II 08/01/30 | 0.65% | Corporate Bond | US |
| — | CHARTER NEXT GEN 12/02/30 | 0.64% | Corporate Bond | — |
| — | ARETEC GROU 08/09/30 | 0.64% | Corporate Bond | — |
| — | Ensemble RC 01/20/33 | 0.63% | Corporate Bond | — |
| — | CLARIVATE (CAMEL 01/31/31 | 0.63% | Corporate Bond | — |
| — | Proofpoin 08/31/28 | 0.63% | Corporate Bond | — |
| — | FORTRESS INTER 06/27/31 | 0.63% | Corporate Bond | — |
| — | IRB Hldg 12/15/30 | 0.63% | Corporate Bond | — |
| FLHY | FRANKLIN HIGH YIELD CORPO | 0.63% | Equity (US) | — |
| — | Quikrete Holding 04/14/31 | 0.62% | Corporate Bond | — |
| — | PRIMO BRANDS 03/31/31 | 0.61% | Corporate Bond | — |
Non-Equity Breakdown
Franklin Senior Loan ETF ·
NPORT-P period 2026-06-30
(filed 2026-08-27)
Net assets:
$847M
· 282 total positions
· equity 2.60%
· non-equity 99.51%
Non-equity holdings
— 276 positions,
99.51% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Corporate | 85.69% | $725.9M | 239 |
| Short-term investment | 9.77% | $82.8M | 1 |
| Corporate | 3.90% | $33.0M | 34 |
| CBO/CDO (Corporate) | 0.15% | $1.3M | 2 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.54% | -0.06% | 3.79% | -0.08% | 0.54% | -0.21% | 0.75% |
| Feb | 1.58% | -0.20% | -0.42% | 0.70% | 0.10% | -2.36% | -0.10% |
| Mar | -1.27% | -0.16% | 1.08% | 1.26% | -0.41% | 1.46% | 0.33% |
| Apr | 0.80% | -0.73% | 0.17% | 0.16% | 0.17% | 1.27% | 0.31% |
| May | 0.16% | -2.54% | -0.51% | 1.09% | 1.74% | 0.04% | -0.00% |
| Jun | -0.20% | -2.72% | 3.66% | 0.31% | 0.54% | 0.04% | 0.27% |
| Jul | -0.33% | 2.58% | 0.75% | 0.62% | 0.68% | 0.82% | 0.85% |
| Aug | 0.20% | 1.39% | 1.23% | 0.66% | 0.42% | 1.16% | 0.84% |
| Sep | 0.38% | -3.14% | -0.12% | 0.21% | -0.46% | -0.28% | -0.57% |
| Oct | -0.42% | 0.74% | 0.46% | 0.99% | -0.15% | -0.04%* | 0.26% |
| Nov | -0.66% | 1.74% | 1.41% | 0.97% | 0.21% | -- | 0.73% |
| Dec | 0.74% | -1.25% | 1.15% | -0.19% | -0.85% | -- | -0.08% |
| Total | 1.50% | -4.44% | 13.29% | 6.90% | 2.53% | 1.86% | 3.61% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $22.81
SMA 50: $22.96
SMA 200: $23.02
Current: $22.77
EMA 12: $22.77
EMA 26: $22.83
MACD: -0.0680 | Signal: 0.0053
BEARISH
ADX (14): 32.19
TREND
+DI: 15.42
−DI: 29.01
Momentum Oscillators
RSI (14): 40.59
NEUTRAL
Stoch %K: 37.36
Stoch %D: 25.17
Williams %R: -47.06
Volume & Volatility
BB Upper: $23.04
BB Lower: $22.59
NEUTRAL
OBV: 4,719,201
Vol SMA 20: 547,736
Vol ROC: -96.42%
ATR: $0.05
True Range: $0.04
HV 20: 3.9%
HV 30: 3.5%
HV 60: 3.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Stable price action, moderate momentum signals, and low volatility.
Primary Risks: Limited catalysts for significant price moves, potential divergence between technical and news sentiment.
Investment Thesis: FLBL presents a stable investment opportunity with a mix of yield-focused and performance-driven characteristics. However, the lack of recent catalysts may limit its upside potential in the short term.
Recent News Sentiment Impact: Neutral news headlines have had a minimal impact on the stock's price action, suggesting that market participants are not strongly influenced by recent news.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Range-bound
- Medium-term (1-3 months): Uptrend (SMA 50 and EMA 12 above price)
- Long-term (3-12 months): Uptrend (SMA 200 above price)
Support/Resistance Levels: $23.01 (SMA 50), $22.99 (Bollinger Bands Lower), and $23.19 (Bollinger Bands Upper)
Momentum Signals:
- RSI interpretation: Neutral (51.21)
- MACD signal: Bullish
- Bollinger Bands position: Neutral
News & Sentiment Analysis
Recent Headlines Summary: The news headlines analyzed are neutral, with no significant market-moving events reported.
Sentiment Assessment: Neutral sentiment is dominant, indicating a lack of strong catalysts driving the stock's price action.
Catalyst Identification: No recent earnings or product launches have been announced. However, the sector's performance and institutional activity may provide clues for future moves.
Risk & Volatility Assessment
Beta Interpretation: Low volatility (beta = 0.06), suggesting FLBL is less volatile than the market.
Volatility Regime: Current volatility levels are low compared to historical norms.
Options Market Signals: No options data available.
Downside Protection: Support levels at $22.99 and $23.01 provide some cushion against potential losses.
Market Context & Positioning
Sector Performance: FLBL is performing moderately well relative to its sector peers.
Institutional Activity: Moderate institutional interest, but no strong buying or selling signals are apparent.
Correlation Analysis: FLBL has a moderate correlation with the market (R-squared interpretation).
Relative Valuation: The stock's price is within a trading range, suggesting it may be relatively valued compared to its peers.
Key Levels & Action Items
Critical Price Levels: $23.01 (SMA 50), $22.99 (Bollinger Bands Lower), and $23.19 (Bollinger Bands Upper)
Breakout/Breakdown Levels: No strong technical levels for breakouts or breakdowns are apparent.
Time-Sensitive Catalysts: None reported in recent news headlines.
Risk Management: Conservative position sizing and stop-loss levels around the critical price levels may be prudent to manage risk.
Please note that this is a simulated analysis, and you should not make investment decisions based on this report.
Generated
News
All FLBL news →
Seeking AlphaT3·32mo ago
Zacks Investment ResearchT3·37mo ago
Zacks Investment ResearchT3·37mo ago
Seeking AlphaT3·60mo ago
FLBL Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.0643
Alpha: -5.16%
Correlation: 0.2450
R-Squared: 6.0%
Stock Volatility: 3.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
FLBL Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|