FLEE ETF — Franklin FTSE Europe ETF

Franklin FTSE Europe ETF (FLEE)

FLEE is a low-cost ETF. its distribution rate is 4.46%, its trailing-12-month yield is 3.14%, its expense ratio is 0.09%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 103.7% over the past 8.9 years, 139.3 points behind SPY at 243.0%.

At the current 4.46% distribution rate, a $10,000 investment would generate approximately $446 per year, or about $223.00 per semi-annual payment if the next payment matches the last regular one.

Franklin FTSE Europe ETF is an ETF that tracks the FTSE Developed Europe Capped Index, investing at least 80% of its assets in large- and mid-capitalization stocks from developed European countries. The fund offers a modest current distribution rate paid semi-annually, with a very low expense ratio of 0.09%. It appeals to income and value-oriented investors seeking exposure to European equities with minimal fees.

FLEE performance versus SPY

Price and return data through 2026-09-21.

Total return is 103.7% over the past 8.9 years, 139.3 points behind SPY at 243.0%. Over the past year its total return — price change plus distributions reinvested — is 16.1%. Its deepest 1-year drawdown was 12.4%.

FLEE key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

3.12%

Issuer

Franklin Templeton

Asset type

ETF

Asset class

Equity

Inception date

11/02/2017

Expense ratio

0.09%

Distribution rate

4.46%

Distribution frequency

Semi-Annual

Trailing yield

3.14%

Last close

$38.93 (as of 2026-09-21)

NAV

$38.48

Premium / discount

1.17% premium

AUM

$117,662,567

Average volume

19192.0

Last dividend

$0.869

Last ex-dividend date

06/26/2026 (as of 2026-06-26)

Last payment date

07/06/2026 (as of 2026-07-06)

Beta

0.94

P/E ratio

17.6118

How Dividend Vision calculates yield and returns

Distribution rate (4.46%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.14%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Franklin Templeton; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLEE risks and drawbacks

Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.4%.

Who may consider FLEE — and who may not

FLEE may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FLEE pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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