Franklin ClearBridge Enhanced Income ETF
$55.50−0.15 (−0.27%)
- Expense ratio
- 0.48%
- Fund size
- $170M
- 1Y return
- +10.6%
- Yield · Last 12 months
- 7.39%
- Holdings
- 50
- Volume · 30D
- 0M sh
- NAV per share
- $55.74
- 52W range
The ETF.net YLDE Grade
Score 80 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 88Category 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.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 79Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 82Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 89Category rank
Our read on YLDE
AA 2017 dividend fund with a second act: ClearBridge still picks the payers, and since 2025 a Franklin options desk sells calls on large-cap indexes on top, aiming at a stated annual payout target.
The Fund seeks income and long-term capital appreciation through an actively managed enhanced equity-income strategy. It primarily invests in dividend-paying equities and writes U.S. exchange-traded calls on U.S. large-cap equity indices to enhance income.
Why people hold it
- Runs at 0.47% a year, well under the median for its option-income peer group, and one of the stronger builds in that group on cost and portfolio quality.
- The calls are written on large-cap indexes, not on the individual stocks, so no single holding is capped name by name.franklintempleton.com
- Two desks, one fund: ClearBridge runs the dividend-paying equity sleeve, Franklin's managed-options team runs the overlay.franklintempleton.com
- Pays monthly against a targeted annual payout rate set as a percentage of the prior year-end NAV, reviewed each year by the subadvisers.franklintempleton.com
Worth knowing
- Thinly traded and modest in size, so bid-ask spreads carry more weight here than with the category's giants.
- Payouts can include option gains and return of capital, meaning part of a distribution may be your own money coming back.franklintempleton.com
- This was ClearBridge's ESG dividend strategy until 2025. Today it is an income fund of about 50 names, and results lean on two active teams.franklintempleton.com
YLDE Holdings
- Stocks
- 50
- 33%
- XOM
Geography
- United States85.37%
- United Kingdom7.42%
- Switzerland2.66%
- Taiwan (Province of China)1.65%
- Spain1.62%
- Ireland1.27%
YLDE 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 | YLDE |
|---|---|
| Year to date | +7.9% |
| 1 month | −2.9% |
| 3 months | +2.9% |
| 1 year | +10.6% |
| 3 years | +15.6% |
| 5 years | +10.2% |
| 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 | YLDE |
|---|---|---|
| 2026 YTD | +7.9% | |
| 2025 | +13.1% | |
| 2024 | +16.5% | |
| 2023 | +15.7% | |
| 2022 | −8.6% | |
| 2021 | +22.1% | |
| 2020 | +10.3% |
YLDE in the news
ETF.net Research hasn’t filed on YLDE yet — coverage lands here as it’s written.
YLDE Dividends
- 7.39%
- $4.11
- $0.32 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.32 |
| Aug 3, 2026 | Aug 6, 2026 | $0.64 |
| Jul 1, 2026 | Jul 7, 2026 | $0.32 |
| Jun 1, 2026 | Jun 4, 2026 | $0.31 |
| May 1, 2026 | May 6, 2026 | $0.31 |
| Apr 1, 2026 | Apr 6, 2026 | $0.30 |
| Mar 2, 2026 | Mar 5, 2026 | $0.28 |
| Feb 2, 2026 | Feb 5, 2026 | $0.27 |
| Dec 26, 2025 | Dec 31, 2025 | $0.53 |
| Dec 1, 2025 | Dec 4, 2025 | $0.27 |
| Nov 3, 2025 | Nov 6, 2025 | $0.28 |
| Oct 1, 2025 | Oct 6, 2025 | $0.27 |
YLDE Risk
- 10.0%
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.
- 1.04
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.
- −20.2%
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.
- 0.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YLDE Cost
- The middle half of Active Option Income funds
- Median 0.95%
6 of the 47 Active Option Income funds charge less.