Putnam Franklin Municipal High Yield ETF (FTMH)

NYSE Arca: FTMHExchange-traded fund from Franklin Templeton, Inc.

  • Net assets$663.2M
  • Dividend yield4.42%
  • 1-year return-1.15%
  • Duration8.93 yrs

FTMH ETF price chart

FTMH quote & trading statistics

FTMH performance

Total return · as of October 24, 2026
  • YTD-1.76%
  • 1 year-1.15%
  • 3 years+6.14%/yr
  • 5 years+0.68%/yr
1Y volatility
7.11%
3Y volatility
7.52%
3Y Sharpe ratio
0.08

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

FTMH bond portfolio

Rate scenarios & peers →
Yield to maturity
5.87%
Effective duration
8.93 yrs
Average maturity
16.0 yrs
Average coupon
5.46%

A one-percentage-point rise in interest rates would lower the price by about 8.9%.

FTMH asset allocation

Bonds
92.5%
Cash
7.5%

About Putnam Franklin Municipal High Yield ETF

The fund invests mainly in bonds that pay interest that is exempt from federal income tax (but that may be subject to federal alternative minimum tax (AMT)), are a combination of below-investment-grade and investment-grade securities, and have intermediate- to long-term maturities (three years or longer). Under normal circumstances, the fund invests at least 80% of the fund's net assets in tax-exempt investments.

FTMH ETF FAQ

How much money is in FTMH?

Putnam Franklin Municipal High Yield ETF has about $663.2M in net assets.

How has FTMH performed?

FTMH returned -1.15% over the past year and +0.68% a year over the past five years, including reinvested distributions.

Does FTMH pay dividends?

FTMH has a dividend yield of 4.42%.

When was FTMH launched?

Putnam Franklin Municipal High Yield ETF began trading on May 22, 2018.