Franklin Income Focus ETF

Frequently Asked Questions About INCM

What does INCM invest in?

INCM seeks high current income by investing in a broad, multi-asset portfolio using a dynamic allocation approach that adapts to changing market conditions. The portfolio includes dividend-yielding stocks, convertible preferred securities, secured and unsecured bonds, senior floating rate loans, mortgage-backed securities, debentures, and shorter-term instruments. The fund may hold up to 30% of its assets in equity index-linked notes and up to 25% in junk bonds. It may invest up to 25% in foreign issuers. Investments in bonds may include both US and foreign corporate and government debt. In selecting investments, the fund adviser utilizes a bottom-up, value-oriented, long-term approach focusing on price relative to long-term earnings, asset value, and cash flow potential. The adviser has full discretion to buy, hold, or sell securities at any time. The fund may utilize a variety of derivatives to enhance returns, increase liquidity, gain exposure, and hedge risks.

What is the expense ratio of INCM?

Franklin Income Focus ETF (INCM) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.

What is INCM's dividend yield?

INCM's trailing-twelve-month yield is 5.24%, calculated from the sum of dividends over the past year divided by the current price.

How big is INCM?

Franklin Income Focus ETF (INCM) manages $1.97B 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 INCM actively managed or an index fund?

INCM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was INCM launched?

Franklin Income Focus ETF (INCM) launched in June 2023 and is managed by Franklin Templeton.