FTMUFranklin Municipal Income ETF

Get incomeRanked #1,501 of 1,622 in this goal

Seeks high current income exempt from federal income tax while preserving capital as determined by the Investment Manager.

Annual Cost

—

#5,562 of 5,562 · expensive

Fund Size

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#5,562 of 5,562 · small

Dividend YieldGoal

—

Track Record

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#5,562 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,268+2.7%

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 = 14.9% of fund✓ well diversified

NEW YORK ST URBAN DEV CORP SAL

2.2%

WISCONSIN ST HLTH & EDUCTNL FA

1.7%

New York State Thruway Authority

1.6%

WILLIAMSON CNTY TN INDL DEV BR

1.4%

MET WASHINGTON DC ARPTS AUTH D

1.4%

Alaska Industrial Development & Export Authority

1.4%

City & County of Denver CO Airport System Revenue

1.4%

Orange County Health Facilities Authority

1.3%

PORT HOUSTON TX AUTH

1.3%

TRIBOROUGH NY BRIDGE & TUNNEL

1.2%

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 while preserving capital as determined by the Investment Manager.
Strategy: Invests mainly in investment-grade bonds that pay interest exempt from federal income tax, with at least 80% of net assets in tax-exempt investments. These bonds are issued by U.S. states or their political subdivisions and have maturities of three years or longer.