FTNJFranklin New Jersey Municipal Income ETF

Get income Stay safe8y track recordRanked #42 of 340 in this goal

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

By Franklin Templeton Investments · Launched 2018

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$166M

#2,454 of 5,562 · mid-size

Dividend YieldGoal

3.22%

Track Record

8 years

#1,744 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,212+2.1%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 21.7% of fund✓ well diversified

PORT AUTH OF NEW YORK & NEW JE

3.6%

NEW JERSEY ST TRANSPRTN TRUST

3.0%

HUDSON CNTY NJ IMPT AUTH LEASE

2.5%

GLOUCESTER CNTY NJ IMPT AUTH

2.2%

BASTROP TX INDEP SCH DIST

1.9%

NEW JERSEY ST EDUCTNL FACS AUT

1.9%

S JERSEY NJ TRANSPRTN AUTH TRA

1.9%

Putnam Government Money Market Fund

1.8%

PORT AUTH OF NEW YORK & NEW JE

1.5%

DELAWARE RIVER & BAY AUTH DE R

1.5%

Asset allocation

Bonds

94.9%

Cash

5.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-2.7%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

4.7 years

Avg maturity

10.2 years

Credit ratings

AAA

4.9%

44.8%

25.5%

BBB

18.4%

1.9%

0.5%

Other

3.9%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks high current income exempt from federal and New Jersey personal income tax while preserving capital.
Strategy: Invests primarily in investment-grade bonds that provide tax-exempt income from federal and New Jersey personal income tax, including general obligation and revenue obligation bonds. Under normal circumstances, at least 80% of net assets are in tax-exempt investments.
Inception date: May 22, 2018
Fund family: Franklin Templeton Investments