Franklin Pennsylvania Municipal Income ETF
Data updated: 2026-09-24
C000263083 — Franklin Pennsylvania Municipal Income ETF. Long Municipal - National Bond · $99.51M AUM. Holdings, fees, performance and SEC filings.
C000263083 Fund Overview
Franklin Pennsylvania Municipal Income ETF is a US ETF managed by Putnam ETF Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Putnam ETF Trust
- Category: Long Municipal - National Bond
- Assets under management: $99.51M
- SEC CIK: 0001845809
- SEC series ID: S000094550
- Share class ID: C000263083
C000263083 Investment Objective and Strategy
Franklin Pennsylvania Municipal Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam ETF Trust.
Investment objective
The fund seeks as high a level of current income exempt from federal income tax and Pennsylvania personal income tax as the Investment Manager (as defined below) believes is consistent with preservation of capital.
Principal investment strategy
The fund invests mainly in bonds (including general obligation bonds, revenue obligation bonds, and tender option bonds) that pay interest that is exempt from federal income tax and Pennsylvania personal income tax (but that may be subject to federal alternative minimum tax (AMT)), are investment-grade in quality, and have intermediate- to long-term maturities (i.e., three years or longer). Under normal circumstances, the fund invests at least 80% of the funds net assets in tax-exempt investments. Tax-exempt investments are issued by or for states, territories or possessions of the United States or by their political subdivisions, agencies, authorities or other government entities, and the income from these investments is exempt from both federal and Pennsylvania personal income tax. This investment policy cannot be changed without the approval of the funds shareholders.
Interest income from private activity bonds may be subject to federal AMT for individuals. As a policy that cannot be changed without the approval of fund shareholders, the fund cannot include these investments for the purpose of complying with the 80% investment policy described above. The fund may invest up to 25% of its total assets in below-investment-grade investments, which are sometimes referred to as junk bonds. However, the fund will not invest in investments that are rated lower than BB or its equivalent by each organization rating the investment, or are unrated securities that the Investment Manager believes are of comparable quality. The fund will not necessarily sell an investment if its rating is reduced after purchase. The Investment Manager may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments.
C000263083 Holdings
Top 10 holdings of Franklin Pennsylvania Municipal Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Putnam Investment Funds | 7.32% |
| Philadelphia (pa), City Of | 2.53% |
| Interboro School District (pa) | 2.41% |
| Wilkes-Barre Area School District (pa) | 2.02% |
| Allegheny County Hospital Development Authority (pa) | 1.87% |
| Southeastern Pennsylvania Transportation Authority (pa) | 1.84% |
| Pennsylvania Turnpike Commission (pa) | 1.82% |
| Pennsylvania Turnpike Commission (pa) | 1.69% |
| Allegheny County Higher Education Building Authority (pa) | 1.63% |
| Pennsylvania Economic Development Financing Authority (pa) | 1.60% |
C000263083 Portfolio Allocation
Asset-class allocation of Franklin Pennsylvania Municipal Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.9% |
| Cash & Equivalents | 7.3% |
C000263083 Performance
Total returns for C000263083 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
C000263083 Costs and Fees
C000263083 costs about $35 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.35%
- Gross expense ratio: 0.36%
- Portfolio turnover: 35%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000263083 Cashflows
Over the 12 months to 2026-05, Franklin Pennsylvania Municipal Income ETF had net inflows of $3.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $4.74M |
| 2026-04 | $5.18M |
| 2026-03 | $5.18M |
| 2026-02 | $3.06M |
| 2026-01 | $865.55K |
| 2025-12 | −$2.16M |
C000263083 Debt Constituents
Largest debt holdings of Franklin Pennsylvania Municipal Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Philadelphia (pa), City Of | 2.53% |
| Interboro School District (pa) | 2.41% |
| Wilkes-Barre Area School District (pa) | 2.02% |
| Allegheny County Hospital Development Authority (pa) | 1.87% |
| Southeastern Pennsylvania Transportation Authority (pa) | 1.84% |
| Pennsylvania Turnpike Commission (pa) | 1.82% |
| Pennsylvania Turnpike Commission (pa) | 1.69% |
| Allegheny County Higher Education Building Authority (pa) | 1.63% |
| Pennsylvania Economic Development Financing Authority (pa) | 1.60% |
| Cumberland Valley School District (pa) | 1.60% |
C000263083 Prospectus and SEC Filings
Official Franklin Pennsylvania Municipal Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.