Putnam Franklin Short Term Municipal Income ETF (FTMS)
- Net assets$238.8M
- Dividend yield3.03%
- 1-year return+1.90%
- Duration2.21 yrs
FTMS ETF price chart
FTMS quote & trading statistics
FTMS performance
Total return · as of October 25, 2026- YTD+1.33%
- 1 year+1.90%
- 3 years+4.00%/yr
- 5 years+2.09%/yr
- 1Y volatility
- 2.22%
- 3Y volatility
- 1.90%
- 3Y Sharpe ratio
- -0.58
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FTMS bond portfolio
Rate scenarios & peers →- Yield to maturity
- 4.22%
- Effective duration
- 2.21 yrs
- Average maturity
- 2.9 yrs
- Average coupon
- 4.45%
A one-percentage-point rise in interest rates would lower the price by about 2.2%.
About Putnam Franklin Short Term Municipal Income ETF
The fund invests mainly in bonds that pay interest that is exempt from federal income tax and that have short-term maturities. The bonds the fund invests in are mainly investment-grade in quality. Under normal circumstances, the fund invests at least 80% of its net assets in tax-exempt investments, which for purposes of this policy include investments paying interest subject to the federal AMT for individuals.
FTMS ETF FAQ
How much money is in FTMS?
Putnam Franklin Short Term Municipal Income ETF has about $238.8M in net assets.
How has FTMS performed?
FTMS returned +1.90% over the past year and +2.09% a year over the past five years, including reinvested distributions.
Does FTMS pay dividends?
FTMS has a dividend yield of 3.03%.
When was FTMS launched?
Putnam Franklin Short Term Municipal Income ETF began trading on May 22, 2018.