CMF vs FTCA
iShares California Muni Bond ETF compared with Franklin California Municipal Income ETF on yield, payout growth, payment schedule, cost and risk.
CMF
iShares California Muni Bond ETF
TTM yield · Monthly
FTCA
Franklin California Municipal Income ETF
TTM yield · Monthly
Quick take
- FTCA yields more today: 4.33% vs 3.07% (forward).
- Both pay every month.
- CMF is cheaper to own: 0.08% vs 0.35% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CMF | FTCA |
|---|---|---|
| Share price | $54.91 | $6.93 |
| TTM yield | 3.07% | 3.97% |
| Forward yield | 3.07% | 4.33% |
| Annual payout per share | $1.686 | $0.30 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.08% | 0.35% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | 0 years |
| Payout consistency (last 12) | 99/100 | 90/100 |
| 1-year total return | -0.8% | — |
| 1-year price return | -3.7% | — |
| Size (market cap / AUM) | 4.8B | 544.3M |
| Years paying | 19.0 | 0.9 |
| Sector / category | Muni California Long | Muni California Long |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CMF | FTCA | |
|---|---|---|
| Shares | 182.1 | 1,443.0 |
| Income per year | $307 | $433 |
| Income per month (avg) | $26 | $36 |
At forward yields, before taxes. Model CMF · Model FTCA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CMF Oct 31, 2026 | Nov 14, 2026 | $0.1405 | Est. |
| CMF Nov 30, 2026 | Dec 14, 2026 | $0.1405 | Est. |
| CMF Dec 30, 2026 | Jan 13, 2027 | $0.1405 | Est. |
| FTCA Oct 31, 2026 | Nov 14, 2026 | $0.025 | Est. |
| FTCA Nov 30, 2026 | Dec 14, 2026 | $0.025 | Est. |
| FTCA Dec 30, 2026 | Jan 13, 2027 | $0.025 | Est. |
Annual payouts per share
CMFFTCA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CMF or FTCA?
FTCA currently has the higher trailing yield: CMF yields 3.07% and FTCA yields 3.97%. Yield changes daily with price, so check the live figures above.
How often do CMF and FTCA pay?
CMF pays every month and FTCA pays every month. CMF's next ex-date is Oct 31, 2026 and FTCA's is Oct 31, 2026.
Is CMF or FTCA better for income?
It depends on what you are optimising for. CMF and FTCA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.