FTCAFranklin California Municipal Income ETF

Get incomeRanked #1,488 of 1,622 in this goal

Seeks high current income exempt from federal and California personal income tax while preserving capital.

Annual Cost

—

#5,562 of 5,562 · expensive

Fund Size

—

#5,562 of 5,562 · small

Dividend YieldGoal

—

Track Record

—

#5,562 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,258+2.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 16.5% of fund✓ well diversified

CALIFORNIA CMNTY CHOICE FING A

2.3%

California State Public Works Board

2.1%

City of Los Angeles Department of Airports

1.7%

CALIFORNIA ST POLL CONTROL FIN

1.7%

FRETE 2019-ML05 TRUST

1.6%

City of Los Angeles Department of Airports

1.6%

NATIONAL FIN AUTH NH MUNI CTFS

1.5%

CALIFORNIA MUNI FIN AUTH MF

1.3%

CHABOT-LAS POSITAS CA CMNTY CL

1.3%

SAN DIEGO CA HSG AUTH MF HSG R

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-2.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks high current income exempt from federal and California personal income tax while preserving capital.
Strategy: Invests mainly in investment-grade bonds that pay interest exempt from federal and California personal income tax, with maturities of three years or longer. Aims for at least 90% of income distributions to be tax-exempt, except in adverse market conditions.