Franklin ETF Trust (the Fund) is an open-end investment company, consisting of one fund, Franklin Short Duration U.S. Government ETF. The Fund seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of capital, by investing at least 80% of net assets in securities issued or guaranteed by the U.S. government, its agencies or instrumentalities. As of May 31 2016, the Fund's total assets were $202,540,363 and the Fund's investment portfolio was valued at $200,848,288. We show 1 historical shares outstanding datapoints in our coverage of FTSD's shares outstanding history.
Understanding the changing numbers of FTSD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like FTSD versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching FTSD by allowing them to research FTSD shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
