Franklin ClearBridge Enhanced Income ETF
YLDE
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- May 26, 2017
- CIK
- 0001645194
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin ClearBridge Enhanced Income ETF (YLDE) is an actively managed exchange-traded fund that seeks to provide income and long-term capital appreciation through an enhanced equity income strategy. The fund invests primarily in dividend-paying equity securities of large-cap companies across diversified sectors including technology, energy, financial services, utilities, communication services, consumer defensive, healthcare, and basic materials; it enhances income via an options overlay by selling U.S. exchange-traded call options on large capitalization equity indices such as the S&P 500 Index. Top holdings typically include companies like Microsoft Corp, Williams Companies Inc, Apollo Global Management Inc, Sempra, and JPMorgan Chase & Co, with a focus on value-oriented stocks exhibiting potential for rising dividends and modest valuations. YLDE, formerly known as ClearBridge Dividend Strategy ESG ETF, underwent significant changes effective February 28, 2025, including a name change to Franklin ClearBridge Enhanced Income ETF, a shift in investment objective to emphasize income and long-term capital appreciation, adoption of a monthly dividend policy, and expansion of its investment policy to allocate at least 80% of net assets to income-generating securities such as dividend-paying equities and call option premiums. Franklin Managed Options Strategies, LLC (Franklin MOST) was appointed as an additional subadviser alongside ClearBridge Investments, LLC, supporting the fund's options expertise. Launched on May 22, 2017, and listed on NASDAQ, YLDE is sponsored by Franklin Templeton within the Legg Mason ETF Investment Trust structure, with headquarters aligned to Franklin Templeton's operations in the United States and global reach through ClearBridge's offices in New York, Baltimore, and international locations. The fund targets income-seeking investors, maintains assets under management of approximately $107 million, and benchmarks performance against the S&P 500 Index and CBOE S&P 500 BuyWrite Index.