FLCB Fees and Costs — Franklin U.S. Core Bond ETF
Data updated: 2026-08-27
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $23K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 42%.
FLCB Fees and Expenses
Annual operating expenses and sales charges of FLCB. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
FLCB Costs Over Time
On $10,000 invested in FLCB, assuming 5% a year before costs, total costs come to $96 over 5 years, cutting the return by 0.16% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $52 | $96 |
| Value after costs | $10,484 | $11,524 | $12,667 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
FLCB 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): 0.0008%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
FLCB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $19K | 82.84% |
| CitiGroup Global Markets Inc. | $4K | 17.16% |
FLCB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $695.8M | 26.02% |
| MORGAN STANLEY & CO. LLC | $474.9M | 17.76% |
| CitiGroup Global Markets Inc. | $438.2M | 16.39% |
| BOFA SECURITIES, INC. | $328.5M | 12.28% |
| BARCLAYS CAPITAL, INC. | $202.9M | 7.59% |
| GOLDMAN SACHS & CO. LLC | $163.7M | 6.12% |
| WELLS FARGO SECURITIES, LLC | $144.3M | 5.40% |
| BMO CAPITAL MARKETS CORP. | $76.5M | 2.86% |
| BNP PARIBAS SECURITIES CORP. | $75.2M | 2.81% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $74.1M | 2.77% |
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.