FTMA
Putnam ETF Trust - Franklin Massachusetts Municipal Income ETFFranklin Templeton$8.62+0.01 (+0.17%)AUM $280.6MER 0.36%NAV $8.62Holdings 192Inception Oct 1989
Price Chart
Key Statistics
Previous Close
$8.60Day Range
$8.60$8.67
52-Week Range
$8.44$9.14
Avg Volume
677.4KDividend Yield
—Expense Ratio
0.36%AUM
$280.6MShares Outstanding
32.0METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Municipal | 96.01% |
| Cash & Others | 3.99% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Franklin Templeton
- Category
- Municipal
- Inception Date
- Oct 23, 1989
- Exchange
- NYSE_ARCA
- Description
- FTMA aims for a high level of current income exempt from federal income tax and Massachusetts 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 invest up to 25% in junk bonds but limits this exposure by avoiding bonds rated lower than BB. FTMA considers various factors, such as credit, interest rate, and prepayment risks, as well as general market conditions. Prior to Nov. 10, 2025, the fund was called Putnam Massachusetts Tax Exempt Income Fund before converting to an actively managed ETF structure, starting with $239.5 million.
Similar ETFs
The Putnam ETF Trust - Franklin Massachusetts Municipal Income ETF (FTMA) is an exchange-traded fund issued by Franklin Templeton that launched on Oct 23, 1989. It currently manages $280.6M in assets under management. The fund charges an expense ratio of 0.36%. The fund holds 192 securities in its portfolio. It falls under the Municipal category.
Top 10 holdings represent 17.2% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | MA CMWLTH-A 5 6/55 | 2.04% | 5,685,000 | $5.6M |
| 2 | — | MA DEV WGBH EDL 5.75 1/42 | 1.97% | 5,000,000 | $5.4M |
| 3 | — | MASSACHUSETTS-C 5 6/53 | 1.79% | 5,000,000 | $5.0M |
| 4 | — | MASSACHUSETTS ST-A 5 1/54 | 1.79% | 5,000,000 | $4.9M |
| 5 | — | MA BAY TRANSPRTN-A 5 7/51 | 1.79% | 5,000,000 | $4.9M |
| 6 | PGLXX | PUTNAM GOVT MMKT FND-P | 1.69% | 4,681,159 | $4.7M |
| 7 | — | MASSACHUSETTS BAY 5 7/46 | 1.62% | 4,475,000 | $4.5M |
| 8 | — | MA DEV FIN AGY-REF 5 8/37 | 1.58% | 4,000,000 | $4.4M |
| 9 | — | MA DEV FIN AGY-A 5.5 8/50 | 1.46% | 4,000,000 | $4.0M |
| 10 | — | MASSACHUSETTS ST 4 10/45 | 1.43% | 4,705,000 | $4.0M |
| 11 | — | MASSACHUSETTS CMNW 5 6/50 | 1.40% | 3,900,000 | $3.9M |
| 12 | — | N READING-MUNI PUR 5 5/35 | 1.36% | 3,750,000 | $3.8M |
| 13 | — | MA HSG FIN AGY 3.3 12/59 | 1.33% | 5,625,000 | $3.7M |
| 14 | — | Net Current Assets | 1.27% | 0 | $3.5M |
| 15 | — | BROCKTON 5 8/39 | 1.22% | 3,245,000 | $3.4M |
Page 1 of 4
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.17% | |
| 1W | +1.05% | |
| 1M | -0.58% | |
| 3M | -3.58% | |
| 6M | -4.75% | |
| YTD | -4.24% | |
| 1Y | -4.32% | |
| 3Y | -4.32% | |
| 5Y | -4.32% |
Moving Averages
20-Day MA
$8.54
Above 20-Day MA50-Day MA
$8.71
Below 50-Day MA200-Day MA
$8.95
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$9.14
Current Price
$8.62
52-Week Low
$8.44
$8.44$9.14
Current Yield
—
Annual Dividend
$0.1114
Frequency
12x/year
Last Ex-Date
Oct 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Oct 1, 2026 | $0.0270 | Oct 6, 2026 |
| Oct 1, 2026 | $0.0270 | Oct 6, 2026 |
| Sep 1, 2026 | $0.0260 | Sep 4, 2026 |
| Aug 3, 2026 | $0.0314 | Aug 6, 2026 |
| Aug 3, 2026 | $0.0314 | Aug 6, 2026 |
| Jul 1, 2026 | $0.0266 | Jul 7, 2026 |
| Jun 1, 2026 | $0.0268 | Jun 4, 2026 |
| May 1, 2026 | $0.0271 | May 6, 2026 |
| Apr 1, 2026 | $0.0266 | Apr 6, 2026 |
| Mar 2, 2026 | $0.0249 | Mar 5, 2026 |
| Feb 2, 2026 | $0.0235 | Feb 5, 2026 |
| Dec 19, 2025 | $0.0337 | Dec 24, 2025 |
| Dec 1, 2025 | $0.0150 | Dec 4, 2025 |
Dividend Payments Over Time
Category Comparison
| Metric | FTMA | Municipal(14 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.36% | 0.28% |
| AUM | $280.6M | $4.14B |
| Dividend Yield | — | 3.49% |
| Avg Volume | 677.4K | 2.8M |
| Holdings | 192 | 231 |
| Performance | ||
| 1-Month Return | -0.58% | -0.48% |
| 6-Month Return | -3.68% | -3.21% |
| YTD Return | -4.22% | -4.31% |
| 1-Year Return | -4.43% | -4.76% |
Compare with Another ETF
Search for an ETF to compare with FTMA:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.