Franklin Dynamic Municipal Bond ETF

1D
1W
1M
3M
YTD
1Y
5Y
ALL

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About FLMI

FLMI is an actively managed fund that invests in municipal bonds of any credit quality. The portfolio manager seeks dollar-weighted average maturity of three to ten years. 

Index-Tracked
Index-Tracked
Category
High Yield Muni
CategoryHigh Yield Muni
Number of holdings
768
Number of holdings768
Inception Date
Aug 31, 2017
Inception DateAug 31, 2017

What's in this fund

Sectors

As of April 24, 2025
Municipal Bonds98.26%
Corporate Bonds1.24%
Cash and Equivalents0.50%

Top 10 Holdings (14.40% of total assets)

As of April 24, 2025
NameSymbol% Assets
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%2.07%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%1.84%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25%1.64%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%1.56%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5.25%1.39%
CHICAGO ILL 5.5%1.31%
TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%1.23%
Grand Canyon University 5.125%1.22%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.09%
SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 5%1.05%

FLMI Key Statistics

AUM
586.59M
AUM586.59M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
4.17
30-Day yield4.17
Average volume
343.70K
Average volume343.70K
High today
$24.10
High today$24.10
Low today
$24.00
Low today$24.00
Open price
$24.06
Open price$24.06
Volume
118.42K
Volume118.42K
52 Week high
$25.38
52 Week high$25.38
52 Week low
$23.05
52 Week low$23.05
Expense ratio
0.30
Expense ratio0.30

Average Annual Return

All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.