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About Franklin Pennsylvania Municipal Income ETF
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Inception date
Nov 10, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
Identifiers
3
ISIN US7467297484
FTPA aims for a high level of current income exempt from federal income tax and Pennsylvania 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. FTPA he fund 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 Pennsylvania Tax Exempt Income Fund before converting to an actively managed ETF structure, starting with $82.55 million.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal95.17%
Mutual fund4.83%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTPA last dividends amounted to 0.03 USD. The month before, the issuer paid 0.02 USD in dividends, which shows a 27.06% increase.
FTPA assets under management is 82.32 M USD. It's risen 1.44% over the last month.
FTPA fund flows account for −424.75 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTPA pays dividends to its holders with the dividend yield of 3.44%. The last dividend (Feb 5, 2026) amounted to 0.03 USD. The dividends are paid monthly.
FTPA shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Nov 10, 2025, and its management style is Active.
FTPA expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
FTPA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTPA invests in bonds.
FTPA price has risen by 0.58% over the last month, and its yearly performance shows a −13.81% decrease. See more dynamics on FTPA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.46% increase in three-month performance and has increased by 1.46% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.46% increase in three-month performance and has increased by 1.46% in a year.
FTPA trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.