Putnam ETF Trust - Putnam Franklin Municipal High Yield ETF

Putnam ETF Trust - Putnam Franklin Municipal High Yield ETF is an ETF fixed income mutual fund launched and managed by Franklin Advisers, Inc. The fund is co-managed by Franklin Templeton Investment Management Limited and Putnam Investment Management, LLC. It invests in the fixed income market of United states. The fund invests in both investment grade and high yield corporate focus that are rated by S&P. It invests in securities with varying maturities. The fund employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg Municipal Bond Index. Putnam ETF Trust - Putnam Franklin Municipal High Yield ETF was formed on October 27, 2025, and is domiciled in the United States.