Franklin Municipal High Yield ETF (FTMH)High Yield Muni | Exchange Traded Fund | NYSEArca
10.87 USD
+0.06
(0.556%)
⇧
(Oct. 13, 2026, 2:18 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:20 a.m. EDT
The Franklin Municipal High Yield ETF presents a classic defensive profile with significant near-term headwinds. On the income front, the 4.57% yield offers a solid buffer against inflation, though it lacks the aggressive growth characteristics of a top-tier investment. However, the price action tells a cautionary tale: the asset is trading well below its 50-day and 200-day moving averages, indicating a persistent downtrend where recent performance lags significantly behind the broader market. This technical weakness suggests that despite the attractive coupon, investors are pricing in risks that outweigh the immediate benefits. While the statistical forecast model shows high confidence in a flat direction over the next 45 days, this neutrality fails to provide the momentum needed to reverse the current slide. Consequently, the security sits in a holding pattern—too weak to recommend a bullish entry yet stable enough to maintain a neutral stance. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.023273 |
| AutoTheta | 0.024249 |
| AutoETS | 0.024486 |
| AutoARIMA | 0.024486 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 70% |
| H-stat | 94.90 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.065 |
| Excess Kurtosis | -0.38 |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.047 | 0.433180 |
| 2026-09-01 | 0.044 | 0.386813 |
| 2026-08-03 | 0.051 | 0.442708 |
| 2026-07-01 | 0.044 | 0.371936 |
| 2026-06-01 | 0.038 | 0.323956 |
| 2026-05-01 | 0.048 | 0.412017 |
| 2026-04-01 | 0.047 | 0.406574 |
| 2026-03-02 | 0.042 | 0.356234 |
| 2026-02-02 | 0.045 | 0.386930 |
| 2025-12-19 | 0.055 | 0.475779 |
| 2025-12-01 | 0.045 | 0.387230 |
| Attribute | Value |
|---|---|
| All Time High | 11.9 |
| All Time Low | 10.69 |
| Ask | 10.89 |
| Ask Size | 5,400 |
| Average Daily Volume10 Day | 1,061,810 |
| Average Daily Volume3 Month | 414,829 |
| Average Volume | 414,829 |
| Average Volume10Days | 1,061,810 |
| Beta3 Year | 1.23 |
| Bid | 10.86 |
| Bid Size | 1,200 |
| Category | High Yield Muni |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.89 |
| Day Low | 10.83 |
| Display Name | Municipal High Yield ETF |
| Dividend Yield | 4.57 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.25834 |
| Fifty Day Average Change | -0.38834 |
| Fifty Day Average Change Percent | -0.03449354 |
| Fifty Two Week Change Percent | -7.266021 |
| Fifty Two Week High | 11.9 |
| Fifty Two Week High Change | -1.0299997 |
| Fifty Two Week High Change Percent | -0.0865546 |
| Fifty Two Week Low | 10.69 |
| Fifty Two Week Low Change | 0.1800003 |
| Fifty Two Week Low Change Percent | 0.016838195 |
| Fifty Two Week Range | 10.69 - 11.9 |
| First Trade Date Milliseconds | 1,761,571,800,000 |
| Five Year Average Return | 0.0031242 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.059999466 |
| Fullday Change Percent | 0.5555506 |
| Fullday Price | 10.87 |
| Fund Family | Franklin Templeton, Inc |
| Fund Inception Date | 1,526,947,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests mainly in bonds that pay interest that is exempt from federal income tax (but that may be subject to federal alternative minimum tax (AMT)), are a combination of below-investment-grade and investment-grade securities, and have intermediate- to long-term maturities (three years or longer). Under normal circumstances, the fund invests at least 80% of the fund's net assets in tax-exempt investments. |
| Long Name | Franklin Municipal High Yield ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1945922911 |
| Nav Price | 10.79 |
| Net Assets | 584,747,520.0 |
| Net Expense Ratio | 0.35 |
| Open | 10.85 |
| Previous Close | 10.81 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.059999466 |
| Regular Market Change Percent | 0.5555506 |
| Regular Market Day High | 10.89 |
| Regular Market Day Low | 10.83 |
| Regular Market Day Range | 10.83 - 10.89 |
| Regular Market Open | 10.85 |
| Regular Market Previous Close | 10.81 |
| Regular Market Price | 10.87 |
| Regular Market Time | 1,791,915,484 |
| Regular Market Volume | 278,340 |
| Short Name | Franklin Municipal High Yield E |
| Source Interval | 15 |
| Symbol | FTMH |
| Three Year Average Return | 0.0525019 |
| Total Assets | 584,747,520 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.41845 |
| Trailing Three Month Returns | -7.41845 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.576915 |
| Two Hundred Day Average Change | -0.7069149 |
| Two Hundred Day Average Change Percent | -0.06106246 |
| Type Disp | ETF |
| Volume | 278,340 |
| Yield | 0.045700002 |
| Ytd Return | -3.41331 |