FLHY Fees and Costs — Franklin High Yield Corporate ETF
Data updated: 2026-08-27
The net expense ratio is 0.40%. There are no sales loads or redemption fees. Portfolio turnover was 36%.
FLHY Fees and Expenses
Annual operating expenses and sales charges of FLHY. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| 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 |
FLHY Costs Over Time
On $10,000 invested in FLHY, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
FLHY 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
FLHY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.6B | 53.50% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $896.5M | 29.45% |
| GOLDMAN SACHS & CO. LLC | $162.9M | 5.35% |
| JANE STREET CAPITAL, LLC | $140.9M | 4.63% |
| MORGAN STANLEY & CO. LLC | $67.6M | 2.22% |
| BOFA SECURITIES, INC. | $54.3M | 1.79% |
| CitiGroup Global Markets Inc. | $34.3M | 1.13% |
| BARCLAYS CAPITAL, INC. | $21.6M | 0.71% |
| UBS SECURITIES LLC | $20.6M | 0.68% |
| WELLS FARGO SECURITIES, LLC | $16.7M | 0.55% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.