FTSD was created on 2013-11-04 by Franklin. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 286.68m in AUM and 337 holdings. FTSD is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions.