(FLHY) Franklin Liberty High Yield - Ratings and Ratios
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US35473P6299 • High Yield Bond
FLHY: High Yield Debt Securities, Corporate Bonds, Junk Bonds
The Franklin Liberty High Yield Corporate ETF (BATS:FLHY) is a high-yield bond ETF that primarily invests in corporate debt securities rated below investment grade. Under normal market conditions, the fund allocates at least 80% of its net assets to high-yield corporate debt securities and related investments, with the flexibility to invest up to 100% of its total assets in such securities. This includes debt instruments issued by U.S. and foreign entities, encompassing both developed and emerging markets. The fund may hold securities denominated in U.S. dollars or other currencies, providing exposure to global high-yield markets. High-yield debt typically offers higher returns compared to investment-grade bonds but carries increased credit risk, as these securities are rated below BBB- or Baa3 by major credit rating agencies. The funds portfolio may include senior secured loans, unsecured debt, and other fixed-income instruments. FLHYs geographic diversification allows it to capitalize on yield opportunities across regions, though it introduces exposure to currency fluctuations, political risks, and economic instability in emerging markets.
Based on the provided data, the funds short-term technical outlook appears neutral to slightly bullish. The 20-day SMA of $24.09 and 50-day SMA of $23.93 suggest modest upward momentum, with the last price of $24.16 slightly above these levels. However, the 200-day SMA of $23.46 indicates that the fund is still trading below its longer-term average, signaling potential weakness. The ATR of 0.08 reflects low volatility, suggesting that price movements are likely to remain constrained in the near term. Fundamentally, the AUM of $621.91M indicates a well-established fund with significant investor interest. Over the next three months, FLHY is expected to maintain its current range, with potential for slight appreciation if high-yield bonds experience increased demand. However, the fund remains sensitive to macroeconomic conditions, including interest rate changes and credit market sentiment.
Additional Sources for FLHY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FLHY ETF Overview
Market Cap in USD | 619m |
Category | High Yield Bond |
TER | 0.40% |
IPO / Inception | 2018-05-30 |
FLHY ETF Ratings
Growth 5y | 62.7% |
Fundamental | - |
Dividend | 65.9% |
Rel. Strength Industry | 7.04 |
Analysts | - |
Fair Price Momentum | 24.36 USD |
Fair Price DCF | - |
FLHY Dividends
Dividend Yield 12m | 6.07% |
Yield on Cost 5y | 8.63% |
Annual Growth 5y | 1.32% |
Payout Consistency | 98.6% |
FLHY Growth Ratios
Growth Correlation 3m | 74.5% |
Growth Correlation 12m | 95.9% |
Growth Correlation 5y | 61.9% |
CAGR 5y | 7.50% |
CAGR/Max DD 5y | 0.49 |
Sharpe Ratio 12m | 1.53 |
Alpha | 2.69 |
Beta | 0.19 |
Volatility | 4.39% |
Current Volume | 74.2k |
Average Volume 20d | 59.8k |
As of March 15, 2025, the stock is trading at USD 23.82 with a total of 74,235 shares traded.
Over the past week, the price has changed by -0.77%, over one month by -0.84%, over three months by +0.33% and over the past year by +8.12%.
Yes. Based on ValueRay Analyses, Franklin Liberty High Yield (BATS:FLHY) is currently (March 2025) a good stock to buy. It has a ValueRay Growth Rating of 62.68 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FLHY as of March 2025 is 24.36. This means that FLHY is currently overvalued and has a potential downside of 2.27%.
Franklin Liberty High Yield has no consensus analysts rating.
According to ValueRays Forecast Model, FLHY Franklin Liberty High Yield will be worth about 26.5 in March 2026. The stock is currently trading at 23.82. This means that the stock has a potential upside of +11.08%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 26.5 | 11.1% |