C000262830 Fees and Costs — Franklin Multisector Income ETF
Data updated: 2026-08-27
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $311 in broker commissions, 0.0021% of average net assets, and portfolio turnover was 103%.
C000262830 Fees and Expenses
Annual operating expenses and sales charges of C000262830. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| 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 |
C000262830 Costs Over Time
On $10,000 invested in C000262830, assuming 5% a year before costs, total costs come to $248 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $136 | $248 |
| Value after costs | $10,459 | $11,441 | $12,515 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
C000262830 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): 0.0021%
- Total broker commissions: $311
- Bought from dealers (principal trades, not a cost): $57.4M
- Portfolio turnover (prospectus): 103%
- Securities lending: none during the year
C000262830 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $290 | 93.21% |
| CitiGroup Global Markets Inc. | $21 | 6.79% |
C000262830 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $11.6M | 21.68% |
| MORGAN STANLEY & CO. LLC | $11.5M | 21.46% |
| BOFA SECURITIES, INC. | $9.8M | 18.27% |
| GOLDMAN SACHS & CO. LLC | $6.4M | 11.89% |
| MUFG SECURITIES AMERICAS INC. | $5.7M | 10.65% |
| CitiGroup Global Markets Inc. | $4.6M | 8.52% |
| UBS SECURITIES LLC | $2.4M | 4.54% |
| JEFFERIES LLC | $700K | 1.30% |
| TD SECURITIES (USA) LLC | $477K | 0.89% |
| CITADEL CLEARING LLC | $431K | 0.80% |
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.