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
1,186
Number of holdings1,186
Inception Date
Aug 31, 2017
Inception DateAug 31, 2017

What's in this fund

Sectors

As of March 5, 2026
Municipal Bonds99.52%
Corporate Bonds0.41%
Cash and Equivalents0.07%

Top 10 Holdings (13.88% of total assets)

As of March 5, 2026
NameSymbol% Assets
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%2.27%
METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4%1.66%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%1.65%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%1.54%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.52%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5%1.14%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.11%
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5%1.04%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%0.99%
MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 1.55%0.96%

FLMI Key Statistics

AUM
1.81B
AUM1.81B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.76
30-Day yield3.76
Average volume
699.72K
Average volume699.72K
High today
$25.15
High today$25.15
Low today
$25.00
Low today$25.00
Open price
$25.14
Open price$25.14
Volume
371.29K
Volume371.29K
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 $25.13, with a market capitalization of 1.81B.

On 2026-03-09, Franklin Dynamic Municipal Bond ETF(FLMI) stock moved within a range of $25.00 to $25.15. With shares now at $25.13, the stock is trading +0.5% above its intraday low and -0.1% below the session's peak.

Trading volume for Franklin Dynamic Municipal Bond ETF(FLMI) stock has reached 371.29K, versus its average volume of 699.72K.

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.