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
829
Number of holdings829
Inception Date
Aug 31, 2017
Inception DateAug 31, 2017

What's in this fund

Sectors

As of June 11, 2025
Municipal Bonds98.74%
Corporate Bonds1.03%
Cash and Equivalents0.23%

Top 10 Holdings (13.60% of total assets)

As of June 11, 2025
NameSymbol% Assets
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.73%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%1.57%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.25%1.51%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25%1.36%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5.25%1.32%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%1.30%
MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 3.3%1.29%
CHICAGO ILL 5.5%1.22%
TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%1.18%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.12%

FLMI Key Statistics

AUM
695.15M
AUM695.15M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
4.17
30-Day yield4.17
Average volume
277.17K
Average volume277.17K
High today
High today
Low today
Low today
Open price
$24.10
Open price$24.10
Volume
0.00
Volume0.00
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.