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About Franklin Income Equity Focus ETF
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Inception date
Sep 20, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
ISIN
US35473P5044
INCE seeks income through a fundamental, income-oriented investment approach. The fund has a broad equity exposure, including common stocks, preferred securities, and convertibles. It targets attractive dividend yields while seeking capital appreciation and lower volatility than the broad equity market, as measured by the S&P 500 Index. The selection process focuses on undervalued or out-of-favor securities that the fund manager believes offer opportunities for current income and significant growth potential. For performance comparison, the fund is primarily benchmarked to the MSCI USA High Dividend Yield Index. Although INCE is benchmarked to an index of US stocks, it may hold up to 25% of its portfolio in foreign securities. It may also invest up to 50% of its assets in equity-linked notes. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty U.S. Low Volatility ETF. Before May 31, 2024, it was named Franklin U.S. Low Volatility ETF and traded under the ticker FFLV.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Cash
Corporate
Stocks60.75%
Electronic Technology13.74%
Consumer Non-Durables8.43%
Health Technology6.70%
Finance5.88%
Energy Minerals5.28%
Utilities4.73%
Consumer Services2.92%
Communications2.61%
Producer Manufacturing2.33%
Retail Trade2.10%
Transportation2.09%
Process Industries1.76%
Non-Energy Minerals1.69%
Industrial Services0.48%
Bonds, Cash & Other39.25%
Cash15.33%
Corporate12.29%
Miscellaneous8.39%
Mutual fund1.88%
UNIT1.36%
Stock breakdown by region
North America90.62%
Europe9.38%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
INCE invests in stocks. The fund's major sectors are Electronic Technology, with 13.74% stocks, and Consumer Non-Durables, with 8.43% of the basket. The assets are mostly located in the North America region.
INCE last dividends amounted to 0.26 USD. The month before, the issuer paid 0.21 USD in dividends, which shows a 19.97% increase.
INCE assets under management is 97.53 M USD. It's risen 1.81% over the last month.
INCE fund flows account for −2.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, INCE pays dividends to its holders with the dividend yield of 1.92%. The last dividend (Sep 4, 2025) amounted to 0.26 USD. The dividends are paid monthly.
INCE shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Sep 20, 2016, and its management style is Active.
INCE expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
INCE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
INCE invests in stocks.
INCE price has fallen by −1.01% over the last month, and its yearly performance shows a 2.65% increase. See more dynamics on INCE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.59% over the last month, have fallen by −0.59% over the last month, showed a 5.05% increase in three-month performance and has increased by 7.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.59% over the last month, have fallen by −0.59% over the last month, showed a 5.05% increase in three-month performance and has increased by 7.65% in a year.
INCE trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.