Franklin Dividend Growth ETF (FRIZ)
Franklin Dividend Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $26.59, up 0.00% on the session, giving a market capitalisation of $5.3M. Its beta of 0.54 implies it has historically moved less than the broad market.
FRIZ seeks long-term capital appreciation through an actively managed portfolio of dividend growth companies. The portfolio manager defines dividend growth companies as those with consistent or increasing dividends, or potential for future dividend growth based on internal and third-party estimates. The fund may include common stocks, preferred stocks, depositary receipts, convertible securities, and other equity-related instruments across all market capitalizations and sectors. The portfolio is constructed using a research-driven, bottom-up approach designed to select fundamentally sound companies that meet the funds dividend growth criteria at attractive prices. It emphasizes dividend growth potential over high dividend rates, targeting companies with historical or expected dividend increases rather than those offering the highest current yields. The fund may invest up to 25% of its assets in foreign securities, typically through depositary receipts.
Franklin Dividend Growth ETF is most often compared with the following Financial Services names: