# Franklin Sustainable International Equity ETF (MCSE): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mcse 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: 2015-11-30 MCSE holds a high-conviction portfolio of 20 to 40 non-US equities of any market capitalization. It expects to invest in at least three countries and may include depositary receipts, preferred stocks, convertibles, and other ETFs in its equity investments. The fund uses a proprietary analytical framework to assign risk ratings according to various ESG factors related to governance and sustainability. Companies with high-risk ratings are filtered out. The fund also screens out companies significantly involved in tobacco, weapons, fossil fuels, and mining, as well as firms classified under me... ## Key Facts | Metric | Value | |---|---| | Price | $13.83 | | Expense Ratio | 0.59% | | Assets Under Management | $3.0M | | NAV | $13.75 | | Holdings Count | 28 | | Distribution Yield (TTM) | 3.74% | | Annual Distribution (TTM) | $0.52 /share | | Distribution Frequency | Annual | | 52-Week Range | $11.74 – $15.07 | | Beta | 1.28 | ## Latest Distribution - Amount: $0.5171 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does MCSE invest in? MCSE holds a high-conviction portfolio of 20 to 40 non-US equities of any market capitalization. It expects to invest in at least three countries and may include depositary receipts, preferred stocks, convertibles, and other ETFs in its equity investments. The fund uses a proprietary analytical framework to assign risk ratings according to various ESG factors related to governance and sustainability. Companies with high-risk ratings are filtered out. The fund also screens out companies significantly involved in tobacco, weapons, fossil fuels, and mining, as well as firms classified under metals and mining-related industries in GICS. MCSE focuses on reasonably valued companies with a strong history or potential for high and durable returns, as determined by the advisers evaluation of long-term potential. The fund aims to make a long-term capital commitment on its investments. On October 31, 2022, MCSE converted from a mutual fund to an actively managed ETF structure, starting with $30 million in net assets. ### What is the expense ratio of MCSE? Franklin Sustainable International Equity ETF (MCSE) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MCSE? Franklin Sustainable International Equity ETF (MCSE) manages $3.0M 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 MCSE actively managed or an index fund? MCSE is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MCSE's is 0.59%) in exchange for the discretion to over- or under-weight positions. ### When was MCSE launched? Franklin Sustainable International Equity ETF (MCSE) launched in November 2015 and is managed by Franklin Templeton. ### How has MCSE performed? MCSE'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 MCSE pay a dividend? Franklin Sustainable International Equity ETF (MCSE) currently distributes little or no income. Trailing-twelve-month yield is 3.74%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MCSE pay dividends? Franklin Sustainable International Equity ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MCSE's dividend yield? MCSE's trailing-twelve-month yield is 3.74%, calculated from the sum of dividends over the past year divided by the current price. ### When is MCSE's next ex-dividend date? The most recently announced ex-dividend date for MCSE was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MCSE's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.59% 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 MCSE charge its expense ratio? The expense ratio is deducted in tiny daily slices from MCSE'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 MCSE cost more than a fund like VOO? MCSE is actively managed (current expense ratio 0.59%). 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 MCSE's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MCSE? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MCSE (0.59%) 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/mcse - Distribution history: https://www.dividenddata.com/funds/mcse/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mcse/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mcse/expenses - Peer comparison: https://www.dividenddata.com/funds/mcse/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.