# Putnam ETF Trust - Franklin Ohio Municipal Income ETF (FTOH): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ftoh for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 1989-10-23 FTOH aims for a high level of current income exempt from federal income tax and Ohio 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. Interest income from private activity bonds may be subject to federal AMT for individuals. The fund may invest in junk bonds of... ## Key Facts | Metric | Value | |---|---| | Price | $8.07 | | Expense Ratio | 0.36% | | Assets Under Management | $75.9M | | NAV | $8.06 | | Holdings Count | 86 | | Distribution Yield (TTM) | 3.40% | | Annual Distribution (TTM) | $0.27 /share | | Distribution Frequency | Monthly | | 52-Week Range | $7.76 – $8.52 | | Beta | 0.15 | ## Latest Distribution - Amount: $0.0240 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does FTOH invest in? FTOH aims for a high level of current income exempt from federal income tax and Ohio 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. Interest income from private activity bonds may be subject to federal AMT for individuals. The fund may invest in junk bonds of up to 25% but this limits exposure by avoiding bonds rated lower than BB. In selecting bonds, the fund considers 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 Ohio Tax Exempt Income Fund before converting to an actively managed ETF structure, starting with $64.97 million. ### What is the expense ratio of FTOH? Putnam ETF Trust - Franklin Ohio Municipal Income ETF (FTOH) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FTOH's dividend yield? FTOH's trailing-twelve-month yield is 3.40%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of FTOH? Effective duration measures FTOH's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FTOH's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of FTOH? FTOH's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of FTOH? Yield to maturity (YTM) is the total return you'd earn from FTOH if every bond in the portfolio is held to maturity at the current price. FTOH's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does FTOH pay a dividend? Yes, Putnam ETF Trust - Franklin Ohio Municipal Income ETF (FTOH) distributes dividends to shareholders. The trailing-twelve-month yield is 3.40%. Full dividend history is on this page. ### How often does FTOH pay dividends? Putnam ETF Trust - Franklin Ohio Municipal Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FTOH's next ex-dividend date? The most recently announced ex-dividend date for FTOH was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will FTOH's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.36% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FTOH charge its expense ratio? The expense ratio is deducted in tiny daily slices from FTOH's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FTOH cost more than a fund like VOO? FTOH is actively managed (current expense ratio 0.36%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FTOH's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FTOH? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FTOH (0.36%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ftoh - Distribution history: https://www.dividenddata.com/funds/ftoh/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ftoh/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ftoh/expenses - Peer comparison: https://www.dividenddata.com/funds/ftoh/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.