YLDE Fees and Costs — Franklin ClearBridge Enhanced Income ETF
Data updated: 2026-08-27
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $26K in broker commissions, 0.0227% of average net assets, and portfolio turnover was 40%.
YLDE Fees and Expenses
Annual operating expenses and sales charges of YLDE. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| 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 |
YLDE Costs Over Time
On $10,000 invested in YLDE, assuming 5% a year before costs, total costs come to $318 over 5 years, cutting the return by 0.53% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $174 | $318 |
| Value after costs | $10,447 | $11,403 | $12,445 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
YLDE 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): 0.0227%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $50.8M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
YLDE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $3K | 17.76% |
| MORGAN STANLEY & CO. LLC | $2K | 12.39% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $2K | 12.17% |
| TD SECURITIES (USA) LLC | $2K | 11.19% |
| J.P. MORGAN SECURITIES LLC | $2K | 9.01% |
| GOLDMAN SACHS & CO. LLC | $2K | 8.77% |
| UBS Securities LLC | $1K | 8.37% |
| Pershing LLC | $1K | 7.68% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1K | 6.37% |
| CAPITAL INSTITUTIONAL SERVICES, INC | $1K | 6.27% |
YLDE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. | $48.2M | 94.95% |
| BOFA SECURITIES, INC. | $2.6M | 5.05% |
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.