Franklin Senior Loan ETF holds senior loans to companies. The interest rate on many loans resets, so cash income can respond to rates, while borrower credit remains the main test of whether the payments last.
Business
Senior-loan ETF
Listing
FLBL · BATS
Reporting period
2026-03-31
Dividend schedule
Monthly
How the business works
Loan interest becomes net investment income after fund expenses. Defaults, recoveries and changes in loan prices affect NAV beyond that recurring income line.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$1.72
Apr 1, 2025 to Mar 31, 2026
$0.00$1.72
Distribution yield7.49%Sourced distributions divided by dated market priceReported annual income yield7.48%Reported net investment income $1.7200 per share for 2025-04-01 to 2026-03-31, divided by approved 2026-03-31 market price $23.0000. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$1.72Per share for 2026 FY. Excludes investment gains.Trailing 12-month distributions$1.72Recorded recurring payments per share, not a forecast
Dividend payment history
Date or month
Per share
Sep 4, 2026
$0.12807
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read FLBL income
Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.
Watch defaults, interest-rate changes and expenses. Income can hold up while falling bond or loan values reduce NAV.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.
Fund net investment income per common share; actual reporting period, not annualized$1.7200
Total cash distributions in the same period$1.6800
$0.00$1.80
For the year ended March 31, 2026, FLBL recorded $1.72 of net investment income per common share and $1.68 of distributions. NAV moved from $23.98 to $23.00. Income exceeded cash paid by four cents per share, but the NAV decline means credit and loan-price results belong in the same review.
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
Franklin Senior Loan ETF reported $1.7200 per share for 2025-04-01 to 2026-03-31, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to loan defaults, floating interest rates and loan-market liquidity.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
At the next full-year report, compare loan interest and cash paid with defaults, recoveries, rate resets and NAV.
Net asset value (NAV)
NAV per share$23.08Sep 21, 2026Market price$23.03Sep 21, 2026PREMIUM / DISCOUNT TO NAV0.22% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
Franklin Templeton reported ETF NAV and market price, both dated 2026-09-21. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
At the next full-year report, compare loan interest and cash paid with defaults, recoveries, rate resets and NAV.
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U.S. federal · Tax year 2025
Dividend tax treatment
Franklin's audited tax tables classify FLBL's distributions as ordinary income across the two fiscal years that span 2025.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Total ordinary dividends
100%
Qualified dividends
Not confirmed
Capital-gain distributions
0%
Return of capital
0%
Tax year: 2025.
Tax details and source
Total ordinary dividends (includes qualified)
100%
Section 199A portion (within ordinary dividends)
Not confirmed
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
Not stated
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
