Symbols

LVHD

Franklin U.S. Low Volatility High Dividend Index ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

612.09MUSD

Fund Flow (1Y)

25.27MUSD

Dividend Yield

3.17%

Discount / Premium to NAV

-0.02%

Shares Outstanding

14.30M

Expense Ratio

0.27%

About Franklin U.S. Low Volatility High Dividend Index ETF

Issuer

Franklin Templeton Fund Adviser, LLC

Brand

Franklin

Home Page

https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/91415/SINGLCLASS/franklin-u-s-low-volatility-high-dividend-index-etf/LVHD

Inception Date

Dec 28, 2015

Structure

Open-Ended Fund

Index Tracked

Franklin Low Volatility High Dividend Index

Management Style

Passive

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 Templeton Fund Adviser LLC

Distributor

Franklin Distributors LLC

LVHD explicitly aims for what it calls "stable yield”. Its use of technical inputs as well as fundamental factors in search of dividend sustainability sets it apart from many competing funds which rely solely on the latter. Specifically, LVHD considers the volatility of prices and earnings in addition to yield and positive earnings. The fund culls a relative handful of names (roughly 50 to 100) from its broad parent index using this approach, and weights them in the same fashion, subject to constraints on concentration, turnover and liquidity. For alternatives to LVHD, investors can consider ETFs in the high-dividend segment, from which we exclude LVHD due to its emphasis on low vol. Prior to June 22, 2022 the fund name was Legg Mason Low Volatility High Dividend ETF. The name change was due to acquistion occuring in July of 2020.