During typical market conditions, this fund allocates a minimum of 80% of its total assets to the underlying securities that comprise its benchmark index. This index itself is derived from the Morningstar US Target Market Exposure Index (known as the 'Parent Index'). Its construction involves applying a specialized optimization process to the Parent Index, with the dual objective of generating a higher dividend yield than the Parent Index, while carefully managing its expected tracking error relative to the Parent Index.

Target Corporation

Rogers Corporation

Paychex, Inc.

QUALCOMM Incorporated

Philip Morris International Inc.

Novan, Inc.

Maxim Integrated Products, Inc.

Emerson Electric Company

Eaton Corporation plc

GSK plc

Technology

Healthcare

Financial Services

Consumer Cyclical

Communication Services

Consumer Defensive

Real Estate

Cash & Others

Industrials

Energy

Franklin LibertyQ Global Dividend ETF

FLQD Holdings & Sector Breakdown