Franklin Dynamic Municipal Bond ETF

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

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell FLMI and other ETFs, options, and stocks.

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
1,459
Number of holdings1,459
Inception Date
Aug 31, 2017
Inception DateAug 31, 2017

What's in this fund

Top 10 Holdings (17.82% of total assets)

As of October 22, 2026
NameSymbol% Assets
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%—2.85%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%—2.05%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5%—1.93%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5%—1.90%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%—1.66%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%—1.62%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%—1.59%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%—1.52%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5.25%—1.40%
TEXAS MUN GAS ACQUISTION & SUPPLY CORP VI GAS SUPPLY REV 5%—1.30%

FLMI Key Statistics

AUM
2.38B
AUM2.38B
Price-Earnings ratio
—
Price-Earnings ratio—
30-Day yield
4.48
30-Day yield4.48
Average volume
2.18M
Average volume2.18M
High today
$23.95
High today$23.95
Low today
$23.88
Low today$23.88
Open price
$23.94
Open price$23.94
Volume
1.40M
Volume1.40M
52 Week high
$25.46
52 Week high$25.46
52 Week low
$23.04
52 Week low$23.04
Expense ratio
0.30
Expense ratio0.30

Stock Snapshot

With a market cap of 2.38B, Franklin Dynamic Municipal Bond ETF(FLMI) trades at $23.94.

On 2026-10-25, Franklin Dynamic Municipal Bond ETF(FLMI) stock traded between a low of $23.88 and a high of $23.95. Shares are currently priced at $23.94, which is +0.3% above the low and -0.1% below the high.

Franklin Dynamic Municipal Bond ETF(FLMI) shares are trading with a volume of 1.4M, against a daily average of 2.18M.

During the past year, Franklin Dynamic Municipal Bond ETF(FLMI) stock moved between $23.04 at its lowest and $25.46 at its peak.

During the past year, Franklin Dynamic Municipal Bond ETF(FLMI) stock moved between $23.04 at its lowest and $25.46 at its peak.

Average Annual Return

Similar Marketcap

This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company.

Popular Stocks

This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset

Newly Listed

This list is generated by showing companies that recently went public.

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.