Putnam ETF Trust - Franklin Minnesota Municipal Income ETF (FTMN) Dividend Yield, History & Forecast

Putnam ETF Trust - Franklin Minnesota Municipal Income ETF (FTMN) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $282M.

FTMN fund composition

FTMN holds 221 positions, with 6.0% of assets in its ten largest. It charges an expense ratio of 0.35%, and manages $275.5M.

Top 10 holdings

HoldingWeight
PGLXXPUTNAM GOVT MMKT FND-P6.05%

Sector allocation

Cash & Others100.0%

Frequently Asked Questions about Putnam ETF Trust - Franklin Minnesota Municipal Income ETF (FTMN)

What does Putnam ETF Trust - Franklin Minnesota Municipal Income ETF invest in?
FTMN aims for a high level of current income exempt from federal income tax and Minnesota personal income tax believed to be consistent with capital preservation. The fund invests mainly in investment grade municipal bonds with intermediate- to long-term maturities (three years or longer). Investments may include general obligation bonds, revenue obligation bonds, and tender option bonds. The fund targets at least 80% tax-exempt investments issued by the US government and its agencies. Interest income from private activity bonds may be subject to federal AMT for individuals. The fund may...