The fund invests primarily in investment grade collateralised loan obligation (CLO) securities, supported by Benefit Street Partners’ structured credit platform.
Franklin Templeton has launched the Franklin BSP CLO ETF (YCLO), an actively managed exchange-traded fund (ETF) seeking capital preservation and income by investing mainly in investment grade collateralised loan obligation (CLO) debt tranches across both US and European markets. The investment approach centres on credit underwriting, portfolio construction and active risk management The firm stated that the fund is managed by Franklin Advisers, with Benefit Street Partners acting as sub-advi