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FTMN
Municipal Bonds
Active
NYSE listed

Franklin Minnesota Municipal Income ETF

This ETF provides exposure to US Investment Grade Municipal Bonds

FTMN performance and flow charts

Last update 9/1/2026 at 1:30 PM
Live
Closed
Last price
$8.57
-$0.08 (-0.92%) Yesterday

Performance

-0.6-0.4-0.20.00.20.40.6%Jul 31Aug 7Aug 14Aug 21Aug 28

Flows

0 M20 M40 M60 M80 M100 M
1 day price range
$8.56
$8.61
52 week price range
$8.64
$8.99
1W perf
-0.51%
YTD perf
-1.71%
YTD flows
+$118M
AuM
$286M
E/R
0.35%
TTM yield
-
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Historic performance and flows

Data as of August 31, 2026
1M3MYTD1Y3Y5Y
Perf.-0.63%-2.23%-1.71%
Flows+$95M+$93M+$118M---
Data as of August 31, 2026
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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Characteristics

This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Management strategyActive
StrategyLong Only
ProviderFranklin Templeton
N° of holdings191
Dividend policyDistributing
Inception dateNovember 10, 2025
ESGNo
TrackinsightTrackinsight

More data and info about FTMN on Trackinsight

Exposure

Data as of July 31, 2026

Diversification

26.6%

Total weight of top 15 holdings out of 191

Top 15 Holdings

Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A)
2.72%
US60416JDA51
2.47%
Minneapolis, 4% 15nov2040, USD
2.23%
US604140XU23
1.97%
US603767PE84
1.86%
US958697KL75
1.85%
US0363034T98
1.71%
US604140XV06
1.69%
US425507LC26
1.66%
US425533CN48
1.64%
US819190VY24
1.54%
US60416JHN37
1.49%
Minnesota Agricultural and Economic Development Board, 5.25% 1jan2054, USD (2024)
1.33%
US852297DB34
1.22%
Minneapolis, 5% 15nov2034, USD
1.2%

Sectors

Municipal
15.9%
Other
84.1%

Countries

USA
15.9%
Other
84.1%

Maturity

Other
100%

Credit rating

Other
100%
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Trading data

Last sale
9/1/2026 at 1:30 PM
$8.57
Previous close
$8.65
Consolidated volume
08/31/2026
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Average volume
30 days
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Average discount or premium
30 days
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Average Bid/Ask spread
30 days
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Volatility and drawdown

3M1Y3Y5Y
Volatility+3.19%
Max drawdown
-3.07%
Max drawdown duration
62dN/AN/AN/A
Time to recover
N/AN/AN/AN/A
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Frequently asked questions about FTMN

What type of ETF is FTMN?

FTMN is a Active ETF that provides exposure to Fixed Income assets. It is managed by Franklin Templeton.

What does FTMN invest in?

This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.

What is the expense ratio of FTMN?

The total expense ratio (TER) of FTMN is 0.35%, representing the annual fee charged by the fund manager.

When was FTMN launched?

FTMN was launched on November 10, 2025, marking its entry into the ETF market.

Who is the issuer of FTMN?

FTMN is issued by Franklin Templeton.

What is the AUM of FTMN?

As of August 31, 2026, FTMN manages $285.76 M, reflecting the total assets held in the fund.

How has FTMN performed recently?

As of August 31, 2026, FTMN delivered a return of -0.63% over the past month (1M performance), -2.23% over the past three months (3M), and -1.71% year-to-date (YTD).

What are the recent fund flows for FTMN?

As of August 31, 2026, FTMN has seen net flows of +$95M in the past month (1M flow) and +$118M year-to-date (YTD).

How many holdings are in FTMN

As of July 31, 2026, FTMN holds 191 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.

How diversified is FTMN?

As of July 31, 2026, FTMN holds 191 securities, with 26.6% of its assets concentrated in its top 15 holdings.

What are the top holdings of FTMN?

As of July 31, 2026, FTMN holds a portfolio of 191 underlyings, with its largest positions including Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A), US60416JDA51 and Minneapolis, 4% 15nov2040, USD. These top holdings play a significant role in shaping the fund’s performance and exposure.

What countries or regions does FTMN invest in?

As of July 31, 2026, FTMN has its largest geographic exposures in USA.

What sectors or themes does FTMN focus on?

As of July 31, 2026, FTMN is primarily exposed to Municipal.

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