Franklin ClearBridge Enhanced Income ETF (YLDE US)
YLDE US$57.35
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 57.35
- Change
- ▼ -0.13 (-0.23)
- Bid / Ask
- 49.35 - 65.65
- Volume
- 1,754
- Turnover
- 92,195
- Open
- 57.36
- Day Range
- 57.22 - 57.67
- VWAP
- 57.37
- Prev Close
- 57.49
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$180.7M
OCT 2026
Distributions
Monthly
Since inception
9.4 yrs
MAY 2017
- Legal name
- Franklin ClearBridge Enhanced Income ETF
- Issuer
- Franklin Templeton, Inc
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Derivative Income
- Category index
- CBOE S&P 500 BuyWrite BXM TR USD
- Benchmark
- Russell 3000 TR USD
- ETF net assets
- $180.7M
- Units on issue
- 3.2M
- Management fee
- 0.47% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 22 MAY 2017
- Listed
- 23 MAY 2017
- Index provider
- Russell Index
Objective and strategy
The investment seeks to provide income and long-term capital appreciation. Under normal market conditions, the fund will pursue an enhanced equity income strategy by investing primarily in dividend-paying equity securities and “enhancing” income through the employment of an options overlay by writing (selling) U.S. exchange-traded call options based upon U.S. large capitalization equity indices (such as the S&P 500® Index).
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 84.99%Non-US equity 13.61%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 98.61 | 98.66 | 0.05 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 1.39 | 1.39 | 0.00 |
| Other | 0.00 | 0.00 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 32.63%Sensitive 48.32%Defensive 19.05%
- Basic Materials
- 5.80%
- Consumer Cyclical
- 2.85%
- Financial Services
- 19.19%
- Real Estate
- 4.80%
- Communication Services
- 9.81%
- Energy
- 9.87%
- Industrials
- 10.41%
- Technology
- 18.23%
- Consumer Defensive
- 7.72%
- Healthcare
- 9.51%
- Utilities
- 1.82%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 98.71%Emerging markets 1.29%
- North America
- 86.20%
- Latin America
- 0.00%
- United Kingdom
- 6.43%
- Europe Developed
- 4.47%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 1.61%
- Asia Emerging
- 1.29%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 86.20%
- United Kingdom
- 6.43%
- Switzerland
- 2.84%
- Spain
- 1.63%
- Taiwan
- 1.61%
- China
- 1.29%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Value
- Average moat
- Moderate
Size score
248
Small
Mid
Large
Value-growth score
68
Value
Blend
Growth
Economic moat
Wide 56%Narrow 38%None 6%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 28.82%
- Large
- 28.33%
- Mid
- 42.85%
- Small
- 0.00%
- Micro
- 0.00%
Giant 29%Large 28%Mid 43%
- Average market cap
- $203.77B
- Number of holdings
- 49
- Shares held
- 47
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 21.66
- Price / book
- 3.89
- Price / sales
- 2.65
- Price / cash flow
- 13.32
- Dividend yield
- 2.26%
- Assets in top 10
- 31.75%
- Return on equity
- 31.06%
- Net margin
- 22.07%
- Earnings growth (3 yr)
- 12.81%
Top holdings · top 10 = 32.38% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| ExxonMobil Holdings Corp XOM | 4.46 | FEB 2026 | 7.7M | USD | 47,101 | Energy | United States | |
| Williams Companies Inc WMB | 4.21 | FEB 2026 | 7.2M | USD | 106,362 | Energy | United States | |
| Microsoft Corp MSFT | 3.64 | FEB 2026 | 6.3M | USD | 12,209 | Technology | United States | |
| Alphabet Inc Class A GOOGL | 3.45 | FEB 2026 | 5.9M | USD | 17,206 | Communication Services | United States | |
| NVIDIA Corp NVDA | 3.44 | JUN 2026 | 5.9M | USD | 25,887 | Technology | United States | |
| Apollo Global Management Inc APO | 2.71 | FEB 2026 | 4.7M | USD | 40,073 | Financial Services | United States | |
| Air Products and Chemicals Inc APD | 2.67 | FEB 2026 | 4.6M | USD | 16,485 | Basic Materials | United States | |
| Unilever PLC ADR UL | 2.65 | FEB 2026 | 4.6M | USD | 75,012 | Consumer Defensive | United Kingdom | |
| Nestle SA ADR NSRGY | 2.58 | FEB 2026 | 4.4M | USD | 48,932 | Consumer Defensive | Switzerland | |
| Marsh MRSH | 2.57 | FEB 2026 | 4.4M | USD | 25,848 | Financial Services | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-4.8
3M
0.2
6M
4.9
YTD
5.7
1Y
7.6
3Y
15.4
5Y
10.2
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -4.85 | -4.68 | -4.81 | 91 / 330 |
| 3 months | 0.23 | 0.47 | 0.35 | 67 / 301 |
| 6 months | 4.94 | 5.25 | 5.19 | 71 / 274 |
| Year to date | 5.71 | 5.91 | 6.08 | 63 / 259 |
| 1 year | 7.55 | 7.75 | 8.06 | 64 / 232 |
| 3 years p.a. | 15.35 | 15.43 | 15.91 | — |
| 5 years p.a. | 10.23 | 10.26 | 10.82 | — |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2018
-3.9
2019
29.4
2020
11.0
2021
22.3
2022
-8.6
2023
15.6
2024
16.6
2025
13.0
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 12.97 | 6.75 | — |
| 2024 | 16.58 | 14.64 | — |
| 2023 | 15.58 | 13.70 | — |
| 2022 | -8.63 | -10.15 | — |
| 2021 | 22.33 | 20.93 | — |
| 2020 | 10.98 | 9.37 | — |
| 2019 | 29.41 | 27.51 | — |
| 2018 | -3.94 | -5.65 | — |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -0.78 | 0.66 | -1.06 | — |
| Beta | 0.42 | 0.57 | 0.77 | — |
| R-squared | 22.87 | 48.93 | 74.03 | — |
| Standard deviation | 11.52 | 10.11 | 13.91 | — |
| Sharpe ratio | 0.36 | 1.03 | 0.49 | — |
| Sortino ratio | 0.50 | 1.64 | 0.75 | — |
| Tracking error | 12.71 | 8.97 | 7.94 | — |
| Information ratio | -0.64 | -0.84 | -0.45 | — |
| Upside capture % | 47.32 | 65.93 | 77.21 | — |
| Downside capture % | 43.65 | 59.16 | 79.57 | — |
| Maximum drawdown % | -5.48 | -6.97 | -19.14 | — |
Measured against S&P 500 (TR) (1970) with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
64.3
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 7.694
- Market impact cost %
- 0.022
- Best quarter
- 15.47% · JUN 2020
- Worst quarter
- -20.10% · MAR 2020
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.47% p.a.
- PDS dated
- 1 AUG 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.0712
- Ex Date
- 1 OCT 2026
- Record Date
- 1 OCT 2026
- Pay Date
- 6 OCT 2026
- NAV at ex date
- 54.10
- Paid this year
- 0.7006
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
3.1
2023
0.9
2022
0.7
2021
0.7
2020
0.5
2019
0.5
2018
0.5
2017
0.5
2016
0.4
| Year | Per unit ($) |
|---|---|
| 2024 | 3.0779 |
| 2023 | 0.8575 |
| 2022 | 0.7294 |
| 2021 | 0.6573 |
| 2020 | 0.5009 |
| 2019 | 0.5257 |
| 2018 | 0.4895 |
| 2017 | 0.4676 |
| 2016 | 0.3630 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 1 OCT 2026 | 0.0712 |
| 1 SEP 2026 | 0.0814 |
| 3 AUG 2026 | 0.0423 |
| 1 JUL 2026 | 0.0789 |
| 1 JUN 2026 | 0.0800 |
| 1 MAY 2026 | 0.1216 |
| 1 APR 2026 | 0.0996 |
| 2 MAR 2026 | 0.0675 |
| 2 FEB 2026 | 0.0581 |
| 26 DEC 2025 | 0.5332 |
| 1 DEC 2025 | 0.2673 |
| 3 NOV 2025 | 0.2817 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Average
ESG risk score
17.89
Negligible
Low
Medium
High
Severe
Category average 20.47
- Rank in category
- 17th percentile of 2,058 funds
- Environmental risk
- 5.27
- Social risk
- 8.06
- Governance risk
- 4.56
- Portfolio covered
- 93.8%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.00%
- Low
- 67.01%
- Medium
- 32.99%
- High
- 0.00%
- Severe
- 0.00%
7.67% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
7.40
Low
Medium
High
Severe
Category average 8.12
- Carbon risk
- Low Risk
- Rank in category
- 81st percentile of 331 funds
- Fossil fuel involvement
- 11.00%
- Category average
- 8.47%
- Low Carbon Designation
- No
- Portfolio covered
- 93.8%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Jonathan Orseck
- Michael Clarfeld
- Bradley Berggren
- John Baldi
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 4
- Average tenure
- 5.1 years
- Longest tenure
- 9.4 years
- Longest serving
- Michael Clarfeld · since 22 MAY 2017
- Most recent appointment
- Jonathan Orseck, Bradley Berggren · since 28 FEB 2025
- Managed since
- 22 MAY 2017
- Other funds managed
- 28
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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