# Franklin Dividend Growth ETF (FRIZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/friz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Equity - Strategy: Actively Managed · Inception: 2025-08-28 FRIZ seeks long-term capital appreciation through an actively managed portfolio of dividend growth companies. The portfolio manager defines dividend growth companies as those with consistent or increasing dividends, or potential for future dividend growth based on internal and third-party estimates. The fund may include common stocks, preferred stocks, depositary receipts, convertible securities, and other equity-related instruments across all market capitalizations and sectors. The portfolio is constructed using a research-driven, bottom-up approach designed to select fundamentally sound c... ## Key Facts | Metric | Value | |---|---| | Price | $27.52 | | Expense Ratio | 0.49% | | Assets Under Management | $6.9M | | NAV | $27.48 | | Holdings Count | 0 | | Distribution Yield (TTM) | 0.96% | | Annual Distribution (TTM) | $0.26 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $24.15 – $27.90 | | Beta | 0.58 | ## Latest Distribution - Amount: $0.0590 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does FRIZ invest in? FRIZ seeks long-term capital appreciation through an actively managed portfolio of dividend growth companies. The portfolio manager defines dividend growth companies as those with consistent or increasing dividends, or potential for future dividend growth based on internal and third-party estimates. The fund may include common stocks, preferred stocks, depositary receipts, convertible securities, and other equity-related instruments across all market capitalizations and sectors. The portfolio is constructed using a research-driven, bottom-up approach designed to select fundamentally sound companies that meet the funds dividend growth criteria at attractive prices. It emphasizes dividend growth potential over high dividend rates, targeting companies with historical or expected dividend increases rather than those offering the highest current yields. The fund may invest up to 25% of its assets in foreign securities, typically through depositary receipts. ### What is the expense ratio of FRIZ? Franklin Dividend Growth ETF (FRIZ) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FRIZ? Franklin Dividend Growth ETF (FRIZ) manages $6.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FRIZ actively managed or an index fund? FRIZ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FRIZ's is 0.49%) in exchange for the discretion to over- or under-weight positions. ### When was FRIZ launched? Franklin Dividend Growth ETF (FRIZ) launched in August 2025 and is managed by Franklin Templeton. ### How has FRIZ performed? FRIZ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FRIZ pay a dividend? Franklin Dividend Growth ETF (FRIZ) currently distributes little or no income. Trailing-twelve-month yield is 0.96%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FRIZ pay dividends? Franklin Dividend Growth ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FRIZ's dividend yield? FRIZ's trailing-twelve-month yield is 0.96%, calculated from the sum of dividends over the past year divided by the current price. ### When is FRIZ's next ex-dividend date? The most recently announced ex-dividend date for FRIZ was 2026-09-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FRIZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FRIZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from FRIZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FRIZ cost more than a fund like VOO? FRIZ is actively managed (current expense ratio 0.49%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FRIZ's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FRIZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FRIZ (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/friz - Distribution history: https://www.dividenddata.com/funds/friz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/friz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/friz/expenses - Peer comparison: https://www.dividenddata.com/funds/friz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.