LVHI Fees and Costs — Franklin International Low Volatility High Dividend Index ETF
Data updated: 2026-08-27
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $228K in broker commissions, 0.0068% of average net assets, and portfolio turnover was 30%.
LVHI Fees and Expenses
Annual operating expenses and sales charges of LVHI. 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) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
LVHI Costs Over Time
On $10,000 invested in LVHI, assuming 5% a year before costs, total costs come to $257 over 5 years, cutting the return by 0.43% 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 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $43 | $141 | $257 |
| Value after costs | $10,457 | $11,436 | $12,505 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
LVHI 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): 0.0068%
- Total broker commissions: $228K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
LVHI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $151K | 66.33% |
| J.P. MORGAN SECURITIES LLC | $31K | 13.52% |
| MORGAN STANLEY & CO. LLC | $24K | 10.32% |
| BARCLAYS CAPITAL, INC. | $22K | 9.55% |
| UBS Securities LLC | $637 | 0.28% |
LVHI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.1B | 68.69% |
| GOLDMAN SACHS & CO. LLC | $227.7M | 14.17% |
| BOFA SECURITIES, INC. | $157.9M | 9.83% |
| UBS Securities LLC | $65.1M | 4.05% |
| CitiGroup Global Markets Inc. | $50.5M | 3.14% |
| MORGAN STANLEY & CO. LLC | $1.9M | 0.12% |
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.