Fund Evaluator:
Franklin Municipal Income ETF (FTMU)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni National Long
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.30% D
Expense Ratio
$488 Mil
Assets
Open
Status
0.00%
12b-1 Fee
4.01%
TTM Yield
0.00%
Max Load
11%
Portfolio Turnover
Best Performing in Muni National Long Over the Last Year
| 0.8% | Baird Municipal Bond Investor (BMQSX) |
| 0.3% | Vanguard High-Yield Tax-Exempt Adm (VWALX) |
| 0.2% | Vanguard High-Yield Tax-Exempt (VWAHX) |
| 0.2% | Morgan Stanley Pathway Municipal Bd (TMUUX) |
| 0.2% | T. Rowe Price Core Municipal Bond (PRTAX) |
Data as of 10/31/2026
3.7% D
1-Mo Return
-1.4% C
3-Mo Return
-0.1% B
YTD Return
0.3% B
1-Yr Return
5.8% C
3-Yr Return
0.7% A
5-Yr Return
0.91 B
Category Risk Index
0.60
Total Risk Index
Fund Details
Fund Family
Franklin Templeton, Inc
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 Municipal Income ETF Overview
FTMU Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FTMU Return (NAV) | 3.7% | -1.4% | 0.3% | 5.8% | 0.7% | 2.2% |
| FTMU Grade | D | C | B | C | A | A |
| +/- Category | 0.1% | 0.1% | 0.7% | 0.8% | 0.7% | 0.5% |
| Muni National Long Avg | 3.6% | -1.5% | -0.4% | 5.0% | 0.0% | 1.7% |
| FTMU Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.1% | na |
FTMU Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FTMU Return (NAV) | -0.1% | 4.0% | 2.5% | 7.6% | -10.3% | 2.4% | 4.7% | 8.4% | 0.9% | 5.9% | 0.4% |
| FTMU Grade | B | C | B | D | A | C | F | D | A | F | D |
| +/- Category | 0.5% | 1.0% | 0.0% | 0.8% | 1.3% | -0.4% | -0.0% | 0.3% | 0.1% | 0.0% | 0.2% |
| Muni National Long Avg | -0.6% | 3.0% | 2.5% | 6.8% | -11.6% | 2.8% | 4.8% | 8.1% | 0.7% | 5.8% | 0.2% |
| Risk Measures | |
| Standard Deviation: | 7.2% |
| Total Risk Index: | 0.60 - Below Average |
| Category Risk Index: | 0.91 - Average |
| Category Risk Grade: | C (45% Rank) |
| Beta: | 1.14 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 4.0% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $488 Mil |
| Fund Total Assets: | $ 489 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 11% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 9.8 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Hamilton Garrett (2016), Barber Ben (2024), Rivera Francisco (2024), Conn James (2024), Workman Daniel (2024) | |||
Portfolio Composition (as of 10/31/26)
| # of Holdings: | 281 |
| % in Top 10 Holdings: | 12.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 97.6% |
| Foreign Bond: | 0.8% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Fund Family: | Franklin Templeton, Inc |
| 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 (%): | 0.30% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.79% |
| Share Class: | Franklin Municipal Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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