From Seekingalpha · Juan de la Hoz · · 30s
FLBL: Strong Senior Loan ETF
FLBL offers strong senior loan returns with high dividend yield.
In brief
FLBL offers strong senior loan returns with high dividend yield. The Franklin Senior Loan ETF (FLBL) provides a 7.6% dividend yield and outperforms most fixed-income assets except CLOs. Originally reported by Seekingalpha.
FLBL dividend yield
The Franklin Senior Loan ETF offers a 7.6% dividend yield.
Credit spreads widening
Widening credit spreads and recent Federal Reserve rate hikes benefit senior loans.
FLBL compares to CLOs
FLBL outperforms most fixed-income assets except CLOs.
Here's the gist
The Franklin Senior Loan ETF (FLBL) provides a 7.6% dividend yield and outperforms most fixed-income assets except CLOs.
