FTMHPutnam Franklin Municipal High Yield ETF

Get incomeRanked #1,492 of 1,622 in this goal

Seeks high current income exempt from federal income tax.

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

$10,347+3.5%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 18.1% of fund✓ well diversified

Putnam Government Money Market Fund

4.7%

New York City Transitional Finance Authority Future Tax Secured Revenue

2.5%

Port of Portland OR Airport Revenue

1.7%

NEW YORK ST TRANSPRTN DEV CORP

1.7%

Alaska Industrial Development & Export Authority

1.5%

New York State Thruway Authority

1.4%

CSCDA CMNTY IMPT AUTH CA ESSEN

1.3%

Orange County Health Facilities Authority

1.2%

City & County of Denver CO Airport System Revenue

1.2%

GRAYS HARBOR CNTY WA PUBLIC HO

1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-3.1%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 income tax.
Strategy: Invests primarily in bonds that pay interest exempt from federal income tax, including general obligation, revenue obligation, and tender option bonds. At least 80% of net assets are in tax-exempt investments issued by U.S. states or their subdivisions.