FTMSPutnam Franklin Short Term Municipal Income ETF

Get income Stay safeRanked #321 of 340 in this goal

Seeks as high a level of current income exempt from federal income tax as consistent with preservation of 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

$10,190+1.9%

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 = 20.4% of fund✓ well diversified

Putnam Government Money Market Fund

6.8%

POLK CNTY FL HSG FIN AUTH MF H

1.8%

KNOXVILLE TN CMNTY DEV CORP MF

1.8%

KING CNTY WA HSG AUTH

1.5%

CALIFORNIA HSG FIN AGY AFFORDA

1.5%

BIRMINGHAM AL WTRWKS BRD REVEN

1.5%

FLORIDA ST HSG FIN CORP MF MTG

1.4%

OWEN CNTY KY WTR FACS REVENUE

1.4%

ORO GRANDE CA ELEM SCH DIST CO

1.3%

CALIFORNIA CMNTY CHOICE FING A

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-1.2%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 as high a level of current income exempt from federal income tax as consistent with preservation of capital.
Strategy: Invests primarily in short-term bonds (3 years or less) that pay interest exempt from federal income tax, mainly investment-grade quality. Under normal circumstances, invests at least 80% of net assets in tax-exempt investments.