FLMI
Franklin Dynamic Municipal Bond ETF·ARCA
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Key Stats
Assets Under Management
1.67BUSD
Fund Flows (1Y)
1.08BUSD
Dividend Yield
3.51%
Discount/Premium to NAV
-0.04%
Shares Outstanding
66.50M
Expense Ratio
0.30%
About Franklin Dynamic Municipal Bond ETF
Issuer
Franklin Advisers, Inc.
Brand
Franklin
Inception Date
Aug 31, 2017
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
FLMI seeks a high level of current income that is free from federal taxes by targeting the intermediate-term municipal bond market. The portfolio will hold securities of any credit quality, including junk bonds and defaulted securities. Although the fund does not have restrictions on the maturity of the securities it may buy, the fund seeks to maintain a dollar-weighted average portfolio maturity of three to ten years. The fund is also actively managed, meaning it will select components based on the fund adviser's judgement, within the fund's range of allowable investments. Prior to Jan. 31, 2022, the fund was called Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Broad Credit
Niche
Intermediate
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.88% | +1.09% | +1.13% | +2.24% | +4.53% | -6.00% |
NAV Total Return | +1.19% | +2.02% | +1.41% | +6.25% | +17.91% | +10.96% |
Ratings
No data is currently available
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Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
KY PUB ENERGY AUTH 5 5/36
2.14%
KENTUCKY PUB ENGY 5 12/33
1.80%
CASH
1.78%
BLACK BELT ENERGY 5 10/35
1.67%
SE ENERGY AUTH-A 5 11/35
1.42%
ENERGY SOUTHEAST- 5 11/35
1.24%
SOUTHEAST ENERGY- 5 11/35
1.20%
TN ENERGY ACQ COR 5 12/35
1.14%
MAIN STREET NAT FRN 12/55
1.08%
MO HLTH & EDU-F FRN 6/44
1.04%
Top 10 Weight 14.51%
1150 Total Holdings
Is SPY better than FLMI?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-02-02 | 2026-02-02 | 2026-02-05 | 0.076 |
| 2025-12-19 | 2025-12-19 | 2025-12-24 | 0.068 |
| 2025-12-01 | 2025-12-01 | 2025-12-04 | 0.073 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.091 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.079 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.078 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.091 |
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How Much Does FLMI Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy FLMI?
Fund Flows
