- What are the top holdings of FTMN?
- Putnam ETF Trust - Franklin Minnesota Municipal Income ETF holds 221 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does FTMN have?
- FTMN holds 221 positions as reported by the fund's most recent disclosure.
- What sectors does FTMN invest in?
- Putnam ETF Trust - Franklin Minnesota Municipal Income ETF (FTMN) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is FTMN most exposed to?
- FTMN's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is FTMN a US-only fund?
- The country allocation card on this page shows FTMN's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does FTMN invest in?
- FTMN aims for a high level of current income exempt from federal income tax and Minnesota 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. FTMN 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 Minnesota Tax Exempt Income Fund before converting to an actively managed ETF structure, starting with $165.01 million.
