C000242870 Fees and Costs — Franklin Income Focus ETF
Data updated: 2026-08-27
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $43K in broker commissions, 0.0047% of average net assets, and portfolio turnover was 42%.
C000242870 Fees and Expenses
Annual operating expenses and sales charges of C000242870. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000242870 Costs Over Time
On $10,000 invested in C000242870, assuming 5% a year before costs, total costs come to $244 over 5 years, cutting the return by 0.40% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $133 | $244 |
| Value after costs | $10,460 | $11,443 | $12,519 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
C000242870 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0047%
- Total broker commissions: $43K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000242870 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $13K | 30.77% |
| BOFA SECURITIES, INC. | $8K | 18.38% |
| CitiGroup Global Markets Inc. | $7K | 17.99% |
| CANTOR FITZGERALD & CO. | $4K | 9.75% |
| GOLDMAN SACHS & CO. LLC | $4K | 8.50% |
| MORGAN STANLEY & CO. LLC | $2K | 4.43% |
| ROSENBLATT SECURITIES INC. | $2K | 3.91% |
| J.P. Morgan Securities LLC | $1K | 3.31% |
| BTIG, LLC | $659 | 1.60% |
| BNY MELLON CAPITAL MARKETS, LLC | $557 | 1.35% |
C000242870 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $248.2M | 17.92% |
| GOLDMAN SACHS & CO. LLC | $240.6M | 17.38% |
| BOFA SECURITIES, INC. | $226.2M | 16.33% |
| CitiGroup Global Markets Inc. | $149.8M | 10.82% |
| BARCLAYS CAPITAL, INC. | $124.5M | 8.99% |
| Macquarie Capital (USA) Inc. | $112.4M | 8.11% |
| UBS SECURITIES LLC | $75.2M | 5.43% |
| WELLS FARGO SECURITIES, LLC | $73.1M | 5.28% |
| BNP PARIBAS SECURITIES CORP. | $70.4M | 5.08% |
| MORGAN STANLEY & CO. LLC | $64.5M | 4.66% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.