Franklin U.S. Core Dividend Tilt Index ETF - Franklin High Yield Corporate ETF is an exchange traded fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the fixed income markets across the globe. The fund invests in high yield, corporate debt securities that are rated as BB+ and lower by S&P or Ba1 and lower by Moody’s. It invests in securities with varying maturities. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental and quantitative analysis with bottom-up security picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Bloomberg US Aggregate Index and the ICE BofA U.S. High Yield Constrained Index. Franklin U.S. Core Dividend Tilt Index ETF - Franklin High Yield Corporate ETF was formed on May 30, 2018 and is domiciled in the United States.