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Franklin Templeton (NYSE:BEN) has launched the Franklin Multisector Income ETF (NASDAQ:MULT), a new actively managed ETF focused on global fixed income markets. The fund aims to generate diversified income and long-term capital appreciation through opportunistic investments across various bond sectors.
The ETF is managed by Franklin Templeton Fixed Income, which oversees $224 billion in assets and employs over 160 investment professionals globally. The fund is led by portfolio managers Mike Salm, Patrick Klein, and Albert Chan. This launch expands Franklin Templeton's ETF business, which now includes 137 ETFs with over $47 billion in ETF assets under management globally.