FLCB was created on 2019-09-17 by Franklin. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 2928.78m in AUM and 525 holdings. FLCB is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S. Aggregate Bond Index.