FMNY vs FTNY
First Trust New York High Income Municipal ETF compared with Franklin New York Municipal Income ETF on yield, payout growth, payment schedule, cost and risk.
FMNY
First Trust New York High Income Municipal ETF
TTM yield · Monthly
FTNY
Franklin New York Municipal Income ETF
TTM yield · Monthly
Quick take
- FTNY yields more today: 4.20% vs 3.97% (forward).
- Both pay every month.
- FTNY is cheaper to own: 0.36% vs 0.49% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FMNY | FTNY |
|---|---|---|
| Share price | $25.19 | $7.41 |
| TTM yield | 3.65% | 3.85% |
| Forward yield | 3.97% | 4.20% |
| Annual payout per share | $1.00 | $0.3109 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 24, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.49% | 0.36% |
| 1-year payout growth | -12.5% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 4 years | 0 years |
| Payout consistency (last 12) | 98/100 | 89/100 |
| 1-year total return | -1.4% | — |
| 1-year price return | -4.9% | — |
| Size (market cap / AUM) | 36.0M | 561.6M |
| Years paying | 5.3 | 0.9 |
| Sector / category | Muni New York Long | Muni New York 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
| FMNY | FTNY | |
|---|---|---|
| Shares | 397.0 | 1,349.5 |
| Income per year | $397 | $420 |
| Income per month (avg) | $33 | $35 |
At forward yields, before taxes. Model FMNY · Model FTNY
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FMNY Nov 23, 2026 | Dec 7, 2026 | $0.0833 | Est. |
| FMNY Dec 23, 2026 | Jan 6, 2027 | $0.0833 | Est. |
| FMNY Jan 22, 2027 | Feb 5, 2027 | $0.0833 | Est. |
| FTNY Oct 31, 2026 | Nov 14, 2026 | $0.0259 | Est. |
| FTNY Nov 30, 2026 | Dec 14, 2026 | $0.0259 | Est. |
| FTNY Dec 30, 2026 | Jan 13, 2027 | $0.0259 | Est. |
Annual payouts per share
FMNYFTNY
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, FMNY or FTNY?
FTNY currently has the higher trailing yield: FMNY yields 3.65% and FTNY yields 3.85%. Yield changes daily with price, so check the live figures above.
How often do FMNY and FTNY pay?
FMNY pays every month and FTNY pays every month. FMNY's next ex-date is Oct 24, 2026 and FTNY's is Oct 31, 2026.
Is FMNY or FTNY better for income?
It depends on what you are optimising for. FMNY and FTNY 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.