Franklin Templeton ETF Trust - BrandywineGLOBAL - U.S. Fixed Income ETF is an exchange traded fund launched by Franklin Resources, Inc. The fund is co-managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. It invests in fixed income markets of the United States. The fund invests directly and through derivatives in U.S. dollar denominated debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities and political sub-divisions including inflation index linked securities and municipal bonds, U.S. corporate debt securities, including debentures, bonds including zero coupon bonds, bankers acceptances, convertible and non-convertible notes, commercial paper, certificates of deposits, and freely transferable promissory notes, mortgage-backed securities, and asset-backed securities that are rated as investment grade by one or more independent rating organizations such as S&P or Moody's. It invests in securities with dollar-weighted average effective duration of 1 to 10 years. The fund employs fundamental and quantitative analysis with bottom-up and top-down security picking approach to create its portfolio. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs proprietary research to create its portfolio. Franklin Templeton ETF Trust - BrandywineGLOBAL - U.S. Fixed Income ETF was formed on July 25, 2023 and is domiciled in the United States.