Franklin Ohio Municipal Income ETF (FTOH)

The Franklin Ohio Municipal Income ETF (FTOH) is an actively managed exchange-traded fund from Franklin Templeton that seeks income exempt from federal income tax and Ohio personal income tax.

The fund invests primarily in municipal bonds issued by the state of Ohio, its cities, school districts and public agencies, and other issuers whose interest qualifies for those exemptions. Franklin's municipal bond team builds the portfolio through credit research, with a focus on investment-grade debt and active management of maturities.

Municipal bond interest may be subject to the federal alternative minimum tax for some investors, and the fund's distributions of capital gains are generally taxable. Shares trade on NYSE Arca throughout the day like a stock, while the portfolio is managed in the style of a traditional municipal bond fund.