Morningstar

Franklin Pennsylvania Municipal Income ETF FTPA

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis FTPA

Will FTPA outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTPA’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FTPA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FTPA’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin Pennsylvania Municipal Inc ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings FTPA

More FTPA Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Putnam Government Money Market P

6.65 8M
Cash and Equivalents

PHILADELPHIA PA GAS WKS REV 5%

2.00 2M
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 5%

1.87 2M
municipal

DELAWARE CO-A 5.5 8/1/2050

1.65 2M
municipal

ALLEGHENY CNTY PA SAN AUTH SWR REV 5.25%

1.62 2M
municipal

PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 0.85%

1.61 2M
municipal

PHILADELPHIA PA SCH DIST 5%

1.58 2M
municipal

SOUTHEASTERN PA TRANSN AUTH REV 5.25%

1.41 2M
municipal

HEMPFIELD PA SCH DIST LANCASTER CNTY 5%

1.40 2M
municipal

PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 0%

1.38 2M
municipal

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