FTCA vs RMCA
Franklin California Municipal Income ETF compared with Rockefeller California Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.
FTCA
Franklin California Municipal Income ETF
TTM yield · Monthly
RMCA
Rockefeller California Municipal Bond ETF
TTM yield · Monthly
Quick take
- RMCA yields more today: 4.57% vs 4.33% (forward).
- Both pay every month.
- FTCA is cheaper to own: 0.35% vs 0.55% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FTCA | RMCA |
|---|---|---|
| Share price | $6.93 | $23.22 |
| TTM yield | 3.97% | 4.57% |
| Forward yield | 4.33% | 4.57% |
| Annual payout per share | $0.30 | $1.06 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.35% | 0.55% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | — |
| Payout consistency (last 12) | 90/100 | 85/100 |
| 1-year total return | — | +0.3% |
| 1-year price return | — | -4.1% |
| Size (market cap / AUM) | 544.3M | 19.2M |
| Years paying | 0.9 | 2.1 |
| 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
| FTCA | RMCA | |
|---|---|---|
| Shares | 1,443.0 | 430.7 |
| Income per year | $433 | $457 |
| Income per month (avg) | $36 | $38 |
At forward yields, before taxes. Model FTCA · Model RMCA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| 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. |
| RMCA Oct 29, 2026 | Nov 12, 2026 | $0.0883 | Est. |
| RMCA Nov 28, 2026 | Dec 12, 2026 | $0.0883 | Est. |
| RMCA Dec 28, 2026 | Jan 11, 2027 | $0.0883 | Est. |
Annual payouts per share
FTCARMCA
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, FTCA or RMCA?
RMCA currently has the higher trailing yield: FTCA yields 3.97% and RMCA yields 4.57%. Yield changes daily with price, so check the live figures above.
How often do FTCA and RMCA pay?
FTCA pays every month and RMCA pays every month. FTCA's next ex-date is Oct 31, 2026 and RMCA's is Oct 29, 2026.
Is FTCA or RMCA better for income?
It depends on what you are optimising for. FTCA and RMCA 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.