FTMHPutnam Franklin Municipal High Yield ETF
Seeks high current income exempt from federal income tax.
Launched 2025
Annual Cost
—
#5,861 of 5,861 · expensive
Fund Size
—
#5,861 of 5,861 · small
Dividend YieldGoal
—
Track Record
10 months
#4,808 of 5,861 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,249+2.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaWhat it actually holds
By weightConcentration
Top 10 holdings = 16.1% of fund✓ well diversified
PUTNAM INVESTMENT FUNDS
2.8%
NY NYCGEN 5.5 05/01/2050
2.5%
PORT PORTLAND ORE
1.7%
NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)
1.6%
ALASKA INDL DEV & EXPT AUTH
1.5%
NY NYSTRN 5 03/15/2054
1.4%
CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)
1.3%
FL ORAMED 4 10/01/2052
1.2%
DENVER COLO CITY & CNTY
1.2%
GRAYS HARBOR COUNTY PUBLIC UTILITY DISTRICT N.1 (WA)
1.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (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
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks high current income exempt from federal income tax.
- Strategy
- Invests mainly in bonds, including general obligation, revenue obligation, and tender option bonds, that pay interest exempt from federal income tax. The fund targets below-investment-grade and investment-grade securities issued by U.S. states and territories.
- Inception date
- October 27, 2025
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Data updated on 2026-08-04