FTNYPutnam Franklin New York Municipal Income ETF

Get income Stay safeRanked #317 of 340 in this goal

Seeks high current income exempt from federal and New York State and City personal income tax while preserving 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

$10,228+2.3%

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 = 19.8% of fund✓ well diversified

NEW YORK ST LIBERTY DEV CORP L

3.3%

Putnam Government Money Market Fund

2.4%

NEW YORK ST LIBERTY DEV CORP L

2.2%

LONG ISLAND NY PWR AUTH ELEC S

2.0%

TSASC INC NY

1.8%

NEW YORK CITY NY TRANSITIONAL

1.7%

NEW YORK CITY NY MUNI WTR FIN

1.6%

NEW YORK ST URBAN DEV CORP SAL

1.6%

Washington Metropolitan Area Transit Authority Dedicated Revenue

1.6%

MET TRANSPRTN AUTH NY REVENUE

1.6%

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 and New York State and City personal income tax while preserving capital.
Strategy: Invests mainly in investment-grade bonds that pay interest exempt from federal and New York State and City personal income taxes, with at least 90% of income distributions exempt from these taxes under normal conditions. Bonds have maturities of three years or longer.