Franklin Templeton Files Actively Managed Multisector Bond ETF

The Franklin Multisector Bond ETF (MULT) will invest across a broad range of global fixed income markets. The actively-managed fund can allocate opportunistically among U.S. and foreign government debt, corporate bonds, loans, mortgage- and asset-backed securities, CLOs, and high-yield debt, including emerging markets. It may use derivatives to manage interest rate, currency, duration, and credit exposure or enhance returns. The strategy combines macroeconomic analysis with issuer-level research and will keep at least 80% of assets invested in bonds.