Putnam ETF Trust - Franklin Ohio Municipal Income ETF
Putnam ETF Trust - Franklin Ohio Municipal ETF (AMEX: FTOH) is an exchange-traded fund listed on NYSE Arca, trading at $7.77 (about ₹746 a unit) as of 29 Sep 2026, 11:58 AM ET. It has an expense ratio of 0.35% and holds 83 securities. Indian residents can buy FTOH through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$7.77
Today's high
$7.83
52 week low
$7.77
52 week high
$8.52
FTOH opened at $7.82, closed previously at $7.82, and has traded between $7.77 and $8.52 over the past 52 weeks.
About
FTOH aims for a high level of current income exempt from federal income tax and Ohio personal income tax believed to be consistent with capital preservation. The fund invests mainly in investment grade municipal bonds with intermediate- to long-term maturities (three years or longer). Investments may include general obligation bonds, revenue obligation bonds, and tender option bonds. The fund targets at least 80% tax-exempt investments issued by the US government. Interest income from private activity bonds may be subject to federal AMT for individuals. The fund may invest in junk bonds of up to 25% but this limits exposure by avoiding bonds rated lower than BB. In selecting bonds, the fund considers factors, such as credit, interest rate, and prepayment risks, as well as general market conditions. Prior to Nov. 10, 2025, the fund was called Putnam Ohio Tax Exempt Income Fund before converting to an actively managed ETF structure, starting with $64.97 million.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$71.5M
Holdings
83
NAV
$7.80
Avg. volume
—
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 10 holdings
FTOH holds 83 securities in total. These 10 are 28.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy FTOH from India
Indian residents can buy FTOH units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search FTOH and buy
Find the fund by its ticker, FTOH, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in FTOH from India
Trading and taxes when buying FTOH from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the FTOH price today?
Putnam ETF Trust - Franklin Ohio Municipal ETF (FTOH) last traded at $7.77 on NYSE Arca, as of 29 Sep 2026, 11:58 AM ET. That is ₹746 a unit at the 28 Sep 2026 USD/INR rate.
When does FTOH trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is FTOH, and what does it cost to hold?
Putnam ETF Trust - Franklin Ohio Municipal ETF manages about $71.5M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 1989.
What are FTOH's largest holdings?
The top three are PUTNAM GOVT MMKT FND-P (6.0%), FRANKLIN CO HOSP 5 12/46 (3.3%) and MIAMI UNIV-A-RE 5.25 9/51 (2.8%). FTOH's 10 largest positions make up 28.9% of the fund.
Does FTOH pay dividends?
Yes. FTOH is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on FTOH taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of FTOH?
Yes. You can buy FTOH by amount rather than by whole unit, and there is no minimum trade size.