Franklin Templeton, IncMuni National ShortFTMS · NYSE Arca

Franklin Short-Term Municipal Income ETF (FTMS)

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Price: $9.86; —30 Oct 2026
Assets: $207M; Total net assets
Expense ratio: 0.21%; Category 0.54%
Yield: 3.10%; Trailing distributions

1Y return: 2.4%+0.1%; Category 2.3%
3Y CAGR: —; Category 3.6%
5Y CAGR: —; Category 1.9%

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Franklin Short-Term 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	+1.6%	+0.5%	+0.8%	+1.8%	+2.4%	—	—	—	+2.1%
Muni National Short average	1.5%	0.5%	0.9%	1.6%	2.3%	3.6%	1.9%	1.6%	2.3%
Difference	0.0%	-0.1%	-0.1%	+0.1%	+0.1%	—	—	—	-0.2%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA6.6%
AA34.0%
A34.5%
BBB11.6%
BB1.5%
Other11.7%

Asset mix

Bonds95.1%
Cash4.9%

ETF details

Issuer: Franklin Templeton, Inc
Category: Fixed Income · Muni National Short
Ticker: FTMS
Exchange: NYSE Arca
Inception: 22 May 2018 (8.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.21% (category 0.54%)
Holdings turnover: 37% (category 59%)
Distribution yield: 3.10%
Beta, 3 years: 0.30
Total net assets: $207M
Average duration: 4.41 years
Average maturity: 9.99 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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