Compare with Franklin New York Municipal Income ETF
Key stats
Fund info
Home page
Inception date
Oct 27, 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
ISIN
US7467297633
CUSIP
746729763
FIGI
BBG01XWMYZ43
Identifiers
ISIN US7467297633
FTNY aims to provide safety of principal and maximize total return, after accounting for federal and state taxes for New York residents. The fund invests in municipal securities exempt from New York state income tax, with maturities of three years or longer. The fund primarily holds investment-grade bonds, but up to 25% of assets may be in junk bonds. Interest from its holdings is generally exempt from federal and New York state personal income tax, though some may be subject to the alternative minimum tax (AMT). The ETF was launched through the conversion of a mutual fund, Putnam New York Tax Exempt Income Fund, bringing $82 million in assets.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.20%
Mutual fund1.77%
Cash0.03%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTNY trades at 7.53 USD today, its price has risen 0.40% in the past 24 hours. Track more dynamics on FTNY price chart.
FTNY net asset value is 7.54 today — it's fallen 3.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTNY assets under management is 577.57 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FTNY price has fallen by −3.46% over the last month, and its yearly performance shows a −4.92% decrease. See more dynamics on FTNY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.29% over the last month, showed a −3.64% decrease in three-month performance and has decreased by −1.48% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.29% over the last month, showed a −3.64% decrease in three-month performance and has decreased by −1.48% in a year.
FTNY fund flows account for −41.17 M 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FTNY invests in bonds. See more details in our Profile section.
FTNY expense ratio is 0.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FTNY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FTNY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTNY shows the strong sell signal. See more of FTNY technicals for a more comprehensive analysis.
Today, FTNY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTNY shows the strong sell signal. See more of FTNY technicals for a more comprehensive analysis.
Yes, FTNY pays dividends to its holders with the dividend yield of 4.12%.
FTNY trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTNY shares are issued by Franklin Templeton, Inc.
FTNY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 27, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.