Franklin Templeton has announced the launch of the Franklin Multisector Income ETF (Nasdaq: MULT), a new actively managed ETF designed to pursue diversified income and long-term capital appreciation.
The fund aims to offer investors dynamic exposure to a broad opportunity set across global fixed income markets, while maintaining a disciplined risk management framework.
“MULT brings together the depth and specialization of our fixed income platform with a clear focus on outcomes,” says Mike Salm, portfolio manager at Franklin Templeton Fixed Income. “In a market defined by crosscurrents, from policy uncertainty to credit dispersion, we believe a flexible and research-intensive strategy like this can help investors better navigate risks while uncovering overlooked sources of income.”
The fund invests opportunistically across a wide range of bond sectors, including corporate credit, government and agency securities, securitized debt, and emerging markets. MULT’s portfolio construction is guided by rigorous bottom-up security selection and informed by macroeconomic insights, allowing the team to adapt to shifting market conditions without sacrificing risk discipline.
MULT is managed by Franklin Templeton Fixed Income, which includes more than 160 investment professionals worldwide and USD224 billion assets under management, as of June 30, 2025. The fund is led by senior members of the team: Mike Salm, Patrick Klein, and Albert Chan.
“Advisers and investors are increasingly looking to active ETFs for tools that can adapt in real time to a changing market landscape,” says David Mann, Head of ETF Product and Capital Markets at Franklin Templeton. “MULT adds to our growing suite of actively managed strategies designed to meet that demand, offering diversified income potential with the transparency and efficiency of the ETF vehicle.”
