Fund Evaluator:
Franklin California Municipal Income ETF (FTCA)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni California Long
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.35% C
Expense Ratio
$562 Mil
Assets
Open
Status
0.00%
12b-1 Fee
3.64%
TTM Yield
0.00%
Max Load
17%
Portfolio Turnover
Best Performing in Muni California Long Over the Last Year
| 8.2% | Invesco California Municipal Y (OCAYX) |
| 7.4% | American Century CA High Yield Muni Y (ACYHX) |
| 7.3% | American Century CA High Yield Muni Inv (BCHYX) |
| 6.9% | Columbia Strat CA Muncpl Inc Inst (CCAZX) |
| 6.8% | Vanguard CA Long-Term Tax-Exempt Adm (VCLAX) |
Data as of 7/31/2026
-1.9% D
1-Mo Return
-0.1% A
3-Mo Return
1.1% B
YTD Return
7.1% B
1-Yr Return
3.7% A
3-Yr Return
0.5% A
5-Yr Return
1.11 D
Category Risk Index
0.54
Total Risk Index
Fund Details
Fund Family
Franklin Templeton Investments
Inception Date
5/22/2018
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Municipal TR USD: 100%
Additional Fund Details
Franklin California Municipal Income ETF Overview
FTCA Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FTCA Return (NAV) | -1.9% | -0.1% | 7.1% | 3.7% | 0.5% | 2.1% |
| FTCA Grade | D | A | B | A | A | A |
| +/- Category | 0.1% | 0.2% | 0.8% | 0.5% | 0.6% | 0.4% |
| Muni California Long Avg | -2.0% | -0.3% | 6.3% | 3.2% | -0.0% | 1.7% |
| FTCA Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.1% | na |
FTCA Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FTCA Return (NAV) | 1.1% | 3.1% | 2.9% | 7.4% | -10.1% | 2.0% | 5.6% | 8.6% | 0.4% | 6.1% | 0.1% |
| FTCA Grade | B | B | A | A | D | D | A | D | D | C | C |
| +/- Category | 0.5% | 0.2% | 0.4% | 1.0% | 1.1% | -0.5% | 1.2% | 0.5% | -0.3% | -0.1% | -0.1% |
| Muni California Long Avg | 0.7% | 2.8% | 2.5% | 6.4% | -11.2% | 2.5% | 4.4% | 8.1% | 0.8% | 6.2% | 0.2% |
| Risk Measures | |
| Standard Deviation: | 6.7% |
| Total Risk Index: | 0.54 - Below Average |
| Category Risk Index: | 1.11 - High |
| Category Risk Grade: | F (100% Rank) |
| Beta: | 1.15 |
| R-Squared: | 96% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 3.6% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $562 Mil |
| Fund Total Assets: | $ 563 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 17% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 9.6 years | |||
| Average Tenure: 3.8 years | |||
| Managers (Year): Hamilton Garrett (2016), Sperry Christopher (2024), Conn Michael (2024), Bonelli John (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 287 |
| % in Top 10 Holdings: | 17.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.5% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 96.8% |
| Foreign Bond: | 0.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.8% |
Purchase Information
| Fund Family: | Franklin Templeton Investments |
| Phone Number: | 800-225-1581 |
| Website: | www.putnaminvestments.com |
| Status: | Open |
| Inception Date: | May 22, 2018 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.35% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.82% |
| Share Class: | Franklin California Municipal Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.