Franklin Income Focus ETF
$28.87−0.26 (−0.89%)
- Expense ratio
- 0.38%
- Fund size
- $1.9B
- 1Y return
- +10.8%
- Yield · Last 12 months
- 5.22%
- Holdings
- 394
- Volume · 30D
- 0.4M sh
- NAV per share
- $29.05
- 52W range
The ETF.net INCM Grade
Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 77Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 62Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 76Category rank
Our read on INCM
AA go-anywhere income hunt in ETF form: Franklin's managers roam across asset classes chasing current income, hold roughly 400 positions, charge 0.38%, and pay out monthly.
The fund seeks a high level of current income, with long-term capital appreciation as a secondary objective.
Why people hold it
- Charges 0.38%, well under the typical fund in its multi-asset allocation group. More of the income stays with shareholders.
- Distributes monthly, matching the rhythm of actual bills. Current income is the stated primary objective, with capital appreciation secondary.
- Spreads the income job across roughly 400 positions instead of leaning on a short list of high yielders.
- Trades smoothly for a multi-billion-dollar fund, and rates as one of the stronger implementations in its allocation peer group.
Worth knowing
- Actively managed with no declared index, so the asset mix and the payout reflect manager judgment rather than a published rulebook you can check against.
- The mandate targets a high level of current income, not a fixed dollar amount, so the monthly distribution moves with markets.
- Index-based allocation peers such as AOA and IRTR carry lower expense ratios. Here the fee buys active security selection instead of a set glide path.
INCM Holdings
- Other
- 394
- 15%
- IFT - MONEY MARKET PORT
Sectors
- Cons. Staples19.5%
- Energy17.5%
- Utilities14.3%
- Technology9.9%
- Financials9.1%
- Health Care8.4%
- Industrials7.8%
- Consumer Discr.7.5%
- Materials5.7%
Geography
- United States83.39%
- Switzerland4.85%
- United Kingdom3.85%
- France2.06%
- Germany1.66%
- Netherlands1.58%
- Ireland1.38%
- Luxembourg0.73%
- 0.50%
INCM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | INCM |
|---|---|
| Year to date | +7.6% |
| 1 month | −1.1% |
| 3 months | +1.7% |
| 1 year | +10.8% |
| 3 years | +11.8% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | INCM |
|---|---|---|
| 2026 YTD | +7.6% | |
| 2025 | +13.1% | |
| 2024 | +7.2% | |
| 2023 | +5.8% |
INCM in the news
ETF.net Research hasn’t filed on INCM yet — coverage lands here as it’s written.
INCM Dividends
- 5.22%
- $1.52
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 3, 2026 | $0.13 |
| Jul 31, 2026 | Aug 5, 2026 | $0.13 |
| Jun 30, 2026 | Jul 6, 2026 | $0.12 |
| May 29, 2026 | Jun 3, 2026 | $0.14 |
| Apr 30, 2026 | May 5, 2026 | $0.14 |
| Mar 31, 2026 | Apr 6, 2026 | $0.14 |
| Feb 27, 2026 | Mar 4, 2026 | $0.13 |
| Jan 30, 2026 | Feb 4, 2026 | $0.12 |
| Dec 30, 2025 | Jan 5, 2026 | $0.13 |
| Nov 28, 2025 | Dec 3, 2025 | $0.12 |
| Oct 31, 2025 | Nov 5, 2025 | $0.13 |
| Sep 30, 2025 | Oct 3, 2025 | $0.12 |
INCM Risk
- 7.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.89
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −7.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.70
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
INCM Cost
- The middle half of Multi-Asset Income funds
- Median 0.65%
3 of the 15 Multi-Asset Income funds charge less.