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FTMNFranklin Minnesota Municipal Income ETF

Get incomeStay safe8y track recordRanked #43 of 364 in this goal

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

By Franklin Templeton Investments · Launched 2018

Annual Cost

0.35%

#1,651 of 5,861 · low cost

Fund Size

$200M

#2,353 of 5,861 · mid-size

Dividend YieldGoal

2.96%

Track Record

8 years

#1,713 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,063+0.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 24.4% of fundwell diversified

Putnam Investment Fund.
6.0%
MINNESOTA ST HIGHER ED FACS AUTH
2.7%
MINNEAPOLIS MINN
2.5%
MINNESOTA ST
2.2%
MINNEAPOLIS MINN
2.1%
WESTERN MINN MUN PWR AGY MINN
1.9%
MINNESOTA ST
1.8%
ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11
1.8%
HENNEPIN CNTY MINN
1.8%
HENNEPIN (MN), COUNTY OF
1.7%

Asset allocation

Bonds
97.0%
Cash
3.0%

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

Bond profile

Duration

4.4 years

Avg maturity

10.0 years

Credit ratings

AAA
12.5%
AA
43.2%
A
24.7%
BBB
10.0%
BB
6.7%
B
0.2%
Other
2.7%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks high current income exempt from federal and Minnesota personal income tax while preserving capital.
Strategy
Invests mainly in bonds that pay interest exempt from federal and Minnesota personal income tax, focusing on investment-grade quality with intermediate- to long-term maturities. At least 80% of net assets are in tax-exempt investments issued by U.S. states and their subdivisions.
Inception date
May 22, 2018
Fund family
Franklin Templeton Investments

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Data updated on 2026-08-04