FLMI
·ARCA
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Key Stats
Assets Under Management
1.29BUSD
Fund Flows (1Y)
837.04MUSD
Dividend Yield
4.19%
Discount/Premium to NAV
0.06%
Shares Outstanding
51.95M
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 | -0.52% | +0.28% | +1.39% | +1.06% | +5.21% | -5.59% |
NAV Total Return | +0.15% | +1.54% | +5.46% | +5.95% | +19.09% | +11.21% |
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
KENTUCKY PUB ENGY 5 12/33
1.93%
ENERGY SOUTHEAST- 5 11/35
1.44%
SE ENERGY AUTH-A 5 11/35
1.41%
EL PASO CO HOSP 5.5 2/50
1.25%
PROJECTNEW YORK T 5 10/40
1.21%
KY PUB ENERGY AUTH 5 5/36
1.21%
MAIN STREET NAT FRN 12/55
1.16%
S E ENERGY AUTH- FRN 3/55
1.07%
BLACK BELT ENERGY 5 10/35
0.94%
SOUTHEAST ENERGY- 5 11/35
0.92%
Top 10 Weight 12.54%
1106 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 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 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.080 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
