FTNY vs PZT
Franklin New York Municipal Income ETF compared with Invesco New York AMT-Free Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.
FTNY
Franklin New York Municipal Income ETF
TTM yield · Monthly
PZT
Invesco New York AMT-Free Municipal Bond ETF
TTM yield · Monthly
Quick take
- FTNY yields more today: 4.20% vs 4.05% (forward).
- Both pay every month.
- PZT is cheaper to own: 0.28% vs 0.36% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FTNY | PZT |
|---|---|---|
| Share price | $7.41 | $20.97 |
| TTM yield | 3.85% | 4.05% |
| Forward yield | 4.20% | 4.05% |
| Annual payout per share | $0.3109 | $0.849 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.36% | 0.28% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | — |
| Payout consistency (last 12) | 89/100 | 96/100 |
| 1-year total return | — | -1.9% |
| 1-year price return | — | -5.7% |
| Size (market cap / AUM) | 561.6M | 129.4M |
| Years paying | 0.9 | 18.9 |
| 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
| FTNY | PZT | |
|---|---|---|
| Shares | 1,349.5 | 476.9 |
| Income per year | $420 | $405 |
| Income per month (avg) | $35 | $34 |
At forward yields, before taxes. Model FTNY · Model PZT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| 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. |
| PZT Nov 16, 2026 | Nov 30, 2026 | $0.0707 | Est. |
| PZT Dec 14, 2026 | Dec 28, 2026 | $0.0707 | Est. |
| PZT Jan 11, 2027 | Jan 25, 2027 | $0.0707 | Est. |
Annual payouts per share
FTNYPZT
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, FTNY or PZT?
PZT currently has the higher trailing yield: FTNY yields 3.85% and PZT yields 4.05%. Yield changes daily with price, so check the live figures above.
How often do FTNY and PZT pay?
FTNY pays every month and PZT pays every month. FTNY's next ex-date is Oct 31, 2026 and PZT's is Nov 16, 2026.
Is FTNY or PZT better for income?
It depends on what you are optimising for. FTNY and PZT 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.