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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.39% 0.11% 164.46M 74182.80
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 37.00% 303.61M

Basic Info

Investment Strategy
The Fund seeks as high a level of current income exempt from federal income tax as we believe is consistent with preservation of capital. The Fund invests mainly in investment-grade bonds that pay interest that is exempt from federal income tax and that have short-term maturities (three years or less).
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal Short Term
Peer Group Short Municipal Debt Funds
Global Macro --
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short 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

 
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15%
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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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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
2019
2020
2021
2022
2023
2024
2025
YTD
1.10%
0.69%
-0.30%
-3.66%
1.23%
-0.20%
1.39%
1.17%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.25%
1.63%
1.76%
1.25%
0.38%
-0.03%
2.84%
3.05%
2.78%
0.58%
3.95%
3.52%
1.20%
-3.75%
3.55%
2.35%
4.22%
1.20%
--
--
--
--
--
1.74%
4.16%
0.81%
As of February 14, 2026.

Asset Allocation

As of January 31, 2026.
Type % Net
Cash 2.03%
Stock 0.00%
Bond 97.05%
Convertible 0.00%
Preferred 0.00%
Other 0.93%
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Basic Info

Investment Strategy
The Fund seeks as high a level of current income exempt from federal income tax as we believe is consistent with preservation of capital. The Fund invests mainly in investment-grade bonds that pay interest that is exempt from federal income tax and that have short-term maturities (three years or less).
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal Short Term
Peer Group Short Municipal Debt Funds
Global Macro --
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short 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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