Symbols

FLMB

Franklin Municipal Green Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

91.08MUSD

Fund Flows (1Y)

-13.06MUSD

Dividend Yield

3.40%

Discount/Premium to NAV

-0.18%

Shares Outstanding

3.80M

Expense Ratio

0.30%

About Franklin Municipal Green Bond ETF

Issuer

Franklin Advisers, Inc.

Brand

Franklin

Home Page

https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/26176/SINGLCLASS/franklin-municipal-green-bond-etf/FLMB

Inception Date

Aug 31, 2017

Structure

Open-Ended Fund

Index Tracked

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

FLMB seeks a high level of current income, free from federal taxes, without the use of leverage. The portfolio relies on Franklin Templeton's access and experience in the fixed income markets to select investment-grade municipal securities in which the bond proceeds will be used for projects that promote environmental sustainability. While the portfolio will hold securities of varying maturities, the managers seek to maintain a dollar-weighted average portfolio maturity of 5 to 15 years. FLMB will not invest more than 15% of the fund's assets in a single state. Prior to Aug. 15, 2020, the fund was named Franklin Liberty Municipal Bond ETF. From Aug. 15, 2020, to May 2, 2022, the fund name was Franklin Liberty Federal Tax-Free Bond ETF.