Franklin Dynamic Municipal Bond ETF

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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. 

Category
High Yield Muni
CategoryHigh Yield Muni
Number of holdings
1,207
Number of holdings1,207
Inception Date
Aug 31, 2017
Inception DateAug 31, 2017

What's in this fund

Sectors

As of March 26, 2026
Municipal Bonds99.53%
Corporate Bonds0.40%
Cash and Equivalents0.07%

Top 10 Holdings (14.21% of total assets)

As of March 26, 2026
NameSymbol% Assets
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%2.15%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.71%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%1.69%
METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4%1.56%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%1.47%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%1.31%
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5%1.12%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5%1.09%
WINCHESTER VA ECONOMIC DEV AUTH REV 2.55%1.06%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.05%

FLMI Key Statistics

AUM
1.85B
AUM1.85B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.72
30-Day yield3.72
Average volume
732.26K
Average volume732.26K
High today
High today
Low today
Low today
Open price
$24.65
Open price$24.65
Volume
0.00
Volume0.00
52 Week high
$25.46
52 Week high$25.46
52 Week low
$23.05
52 Week low$23.05
Expense ratio
0.30
Expense ratio0.30

Stock Snapshot

The current Franklin Dynamic Municipal Bond ETF(FLMI) stock price is $24.66, with a market capitalization of 1.85B.

During the trading day, Franklin Dynamic Municipal Bond ETF(FLMI) stock saw an opening price of $24.65, a peak of —, and a bottom of —.

Trading volume for Franklin Dynamic Municipal Bond ETF(FLMI) stock has reached 0, versus its average volume of 732.26K.

Over the past 52 weeks, Franklin Dynamic Municipal Bond ETF(FLMI) stock has traded between a high of $25.46 and a low of $23.05.

Over the past 52 weeks, Franklin Dynamic Municipal Bond ETF(FLMI) stock has traded between a high of $25.46 and a low of $23.05.

Average Annual Return

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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. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.