Franklin Templeton InvestmentsMuni Single StateFTMA · NYSE Arca

Franklin Massachusetts Municipal Income ETF (FTMA)

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Price: $8.73; —11 Sept 2026
Assets: $293.3M; Total net assets
Expense ratio: 0.35%; Category 0.79%
Yield: 3.31%; Trailing distributions

1Y return: —; Category 0.3%
3Y CAGR: —; Category 2.6%
5Y CAGR: —; Category -0.5%

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Franklin Massachusetts Municipal Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.4%	-2.7%	-1.4%	-0.8%	—	—	—	—	-0.7%
Muni Single State average	-2.5%	-2.8%	-1.9%	-1.3%	0.3%	2.6%	-0.5%	1.3%	1.1%
Difference	+0.1%	+0.1%	+0.5%	+0.5%	—	—	—	—	-1.9%

Holdings

The 1 largest positions make up 6.7% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
PGLXX	Putnam Government Money Market P	6.71%

Credit quality

Share of the bonds by rating.

AAA13.7%
AA42.8%
A19.3%
BBB14.7%
BB4.4%
Other5.1%

Asset mix

Bonds93.2%
Cash6.8%

ETF details

Issuer: Franklin Templeton Investments
Category: Fixed Income · Muni Single State
Ticker: FTMA
Exchange: NYSE Arca
Inception: 22 May 2018 (8.3 years)
Structure: Exchange Traded Fund
Expense ratio: 0.35% (category 0.79%)
Holdings turnover: 13% (category 25%)
Distribution yield: 3.31%
Beta, 3 years: 1.00
Total net assets: $293.3M
Average duration: 4.85 years
Average maturity: 9.94 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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