Fund Evaluator:
Franklin Massachusetts Municipal Inc ETF (FTMA)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni Massachusetts
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.35% A
Expense Ratio
$286 Mil
Assets
Open
Status
0.00%
12b-1 Fee
3.24%
TTM Yield
0.00%
Max Load
13%
Portfolio Turnover
Best Performing in Muni Massachusetts Over the Last Year
| 6.5% | Vanguard MA Tax-Exempt Inv (VMATX) |
| 4.9% | Fidelity Massachusetts Municipal Income (FDMMX) |
| 3.7% | Columbia Massachusetts Itmt MuncplBdInst (SEMAX) |
| 3.5% | BNY Mellon MA Interm Muni Bd M (MMBMX) |
Data as of 7/31/2026
-1.8% F
1-Mo Return
-0.3% A
3-Mo Return
1.0% A
YTD Return
6.1% A
1-Yr Return
3.2% A
3-Yr Return
0.3% A
5-Yr Return
1.00 A
Category Risk Index
0.47
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
High Quality
Moderate Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Municipal TR USD: 100%
Additional Fund Details
Franklin Massachusetts Municipal Inc ETF Overview
FTMA 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 |
|
| FTMA Return (NAV) | -1.8% | -0.3% | 6.1% | 3.2% | 0.3% | 1.7% |
| FTMA Grade | F | A | A | A | A | A |
| +/- Category | 0.0% | 0.2% | 0.9% | 0.6% | 0.5% | 0.5% |
| Muni Massachusetts Avg | -1.8% | -0.5% | 5.2% | 2.6% | -0.2% | 1.2% |
| FTMA Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | na |
FTMA Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FTMA Return (NAV) | 1.0% | 3.2% | 1.9% | 6.5% | -9.8% | 1.7% | 5.1% | 7.1% | 0.4% | 4.7% | 0.4% |
| FTMA Grade | A | A | A | A | A | A | A | A | A | A | A |
| +/- Category | 0.6% | 0.0% | 0.6% | 1.0% | 0.1% | 0.5% | 0.9% | 0.3% | 0.2% | 0.1% | 0.6% |
| Muni Massachusetts Avg | 0.4% | 3.2% | 1.2% | 5.5% | -9.9% | 1.2% | 4.2% | 6.8% | 0.2% | 4.5% | -0.2% |
| Risk Measures | |
| Standard Deviation: | 5.8% |
| Total Risk Index: | 0.47 - Low |
| Category Risk Index: | 1.00 - High |
| Category Risk Grade: | F (200% Rank) |
| Beta: | 1.00 |
| R-Squared: | 97% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 3.2% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $286 Mil |
| Fund Total Assets: | $ 287 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 13% |
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: | 187 |
| % in Top 10 Holdings: | 20.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.5% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 91.8% |
| Foreign Bond: | 3.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.7% |
Purchase Information
| Fund Family: | Franklin Templeton Investments |
| Phone Number: | 800-225-1581 |
| Website: |
| 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 Massachusetts Municipal Inc ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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