FLMB
Franklin Municipal Green Bond ETF·ARCA
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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
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
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.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Long-Term
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 | +0.36% | +0.42% | +0.59% | +0.19% | -0.68% | -13.50% |
NAV Total Return | +0.76% | +1.38% | +0.99% | +4.13% | +11.30% | +1.22% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
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
CALIF CMNTY FIN- FRN 2/54
4.13%
CALIFORNIA ST MUNI 4 5/39
3.87%
CA CMNTY CHOICE FRN 1/54
3.70%
SAN DIEGO CNTY CA- 5 7/51
3.66%
INTERMOUNTAIN PWR 5 7/44
3.49%
IL FIN AUTH 5.25 10/53
3.44%
CNTRL VLY WTR REC- 4 3/47
3.24%
ATLANTA-SER E-A 5.25 7/43
2.79%
PORTLAND PORT 5.5 7/53
2.59%
VT EDU HLTH BLDG 5 12/38
2.22%
Top 10 Weight 33.13%
99 Total Holdings
Is SPY better than FLMB?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-02-02 | 2026-02-02 | 2026-02-05 | 0.060 |
| 2025-12-19 | 2025-12-19 | 2025-12-24 | 0.075 |
| 2025-12-01 | 2025-12-01 | 2025-12-04 | 0.073 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.090 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.075 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.076 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.088 |
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How Much Does FLMB Pay in Dividends?
Premium/Discount Chart
Assets Under Management
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Fund Flows
