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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.35% 0.00% 535.57M 123459.8
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 23.00% 405.44M Upgrade

Basic Info

Investment Strategy
The Fund seeks high current income exempt from federal income tax. It invest in bonds that pay interest that is exempt from federal income tax (may be subject to federal alternative minimum tax), are a combination of below-investment-grade and investment-grade securities, and have intermediate- to long-term maturities.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal High Yield
Peer Group High Yield Municipal Debt Funds
Global Macro Bond High Yield
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective High Yield Municipal Debt Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
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--
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Total Return (NAV)
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--
--
--
--
--
--
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Peer Group Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-2.53%
4.62%
0.85%
0.54%
-15.66%
3.89%
1.57%
0.08%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.09%
2.50%
10.34%
4.08%
7.58%
-14.67%
7.19%
5.41%
3.28%
4.91%
9.51%
3.74%
5.15%
-15.54%
7.73%
5.51%
2.12%
3.26%
7.55%
1.57%
4.04%
-9.11%
2.39%
4.84%
5.50%
--
--
--
--
-15.97%
9.67%
6.99%
2.26%
As of December 23, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.99%
Stock 0.00%
Bond 98.29%
Convertible 0.00%
Preferred 0.00%
Other 0.71%
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Basic Info

Investment Strategy
The Fund seeks high current income exempt from federal income tax. It invest in bonds that pay interest that is exempt from federal income tax (may be subject to federal alternative minimum tax), are a combination of below-investment-grade and investment-grade securities, and have intermediate- to long-term maturities.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal High Yield
Peer Group High Yield Municipal Debt Funds
Global Macro Bond High Yield
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective High Yield Municipal Debt Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

View Basic Info
Start Trial

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