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
854
Number of holdings854
Inception Date
Aug 31, 2017
Inception DateAug 31, 2017

What's in this fund

Sectors

As of July 12, 2025
Municipal Bonds98.91%
Corporate Bonds0.98%
Cash and Equivalents0.11%

Top 10 Holdings (12.06% of total assets)

As of July 12, 2025
NameSymbol% Assets
EL PASO CNTY TEX HOSP DIST 5.5%1.56%
MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 2.25%1.46%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25%1.40%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5.25%1.26%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%1.23%
CHICAGO ILL 5.5%1.16%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.07%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.25%0.98%
Grand Canyon University 5.125%0.97%
NEW YORK TRANSN DEV CORP SPL FAC REV 5%0.97%

FLMI Key Statistics

AUM
744.20M
AUM744.20M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
4.17
30-Day yield4.17
Average volume
202.59K
Average volume202.59K
High today
$24.14
High today$24.14
Low today
$24.07
Low today$24.07
Open price
$24.14
Open price$24.14
Volume
253.55K
Volume253.55K
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.