FLMI Franklin Dynamic Municipal Bond ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.15 | Day Range | 23.15 – 23.30 |
| 52-Week Range | 23.04 – 25.46 | Volume | 2.48M |
| Avg Volume | 1.03M | AUM | $2.29B (Oct 10, 2026) |
| Expense Ratio | 0.30% | Yield (TTM) | 4.26% |
| NAV | 23.12 | Premium/Discount | +0.65% indicative |
| Inception | Aug 31, 2017 | Holdings | 1432 |
| Issuer | Franklin Templeton | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 35473P868 | ISIN | US35473P8683 |
| Management | Not stated in source data | ||
About this ETF
The main goal of this ETF is to deliver a significant amount of ongoing income, structured in a way that these earnings are not subject to ordinary federal income taxes.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -3.36% | -6.92% | -6.66% | -6.43% | -5.79% | +0.71% | -2.67% | — | -0.81% |
| Total return | -3.36% | -6.55% | -5.33% | -4.20% | -2.64% | +4.52% | +0.73% | — | +2.15% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.30% | Annual cost of a $10,000 investment | $30.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 1426 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | KY PUB ENERGY AUTH 5 6/34 | — | 2.85% | 66.25M | $65.7M |
| 2 | BLACK BELT ENERGY 5 10/35 | — | 2.07% | 47.95M | $47.6M |
| 3 | TX MUNI GAS ACQ V 5 4/36 | — | 1.92% | 44.86M | $44.3M |
| 4 | BLACK BELT-SER- FRN 11/56 | — | 1.92% | 44.00M | $44.1M |
| 5 | SE ENERGY AUTH-A 5 11/35 | — | 1.66% | 39.19M | $38.3M |
| 6 | S E ENERGY AUTH- FRN 1/56 | — | 1.62% | 38.27M | $37.2M |
| 7 | ENERGY SOUTHEA 5.25 11/37 | — | 1.61% | 36.98M | $37.0M |
| 8 | KENTUCKY PUB ENGY 5 12/33 | — | 1.54% | 35.74M | $35.5M |
| 9 | S E ENERGY AUTH- FRN 3/55 | — | 1.42% | 33.02M | $32.7M |
| 10 | TX MUNI GAS ACQ VI 5 1/36 | — | 1.31% | 30.09M | $30.1M |
| 11 | Net Current Assets | — | 1.26% | 0 | $29.1M |
| 12 | MET PIER & EXPOSI 4 12/42 | — | 1.17% | 31.62M | $27.0M |
| 13 | ROCHESTER-SER D FRN 11/64 | — | 1.14% | 26.30M | $26.3M |
| 14 | KY PUB ENERGY AUTH 5 5/36 | — | 1.01% | 23.34M | $23.2M |
| 15 | ENERGY SOUTHEAST-A 5 4/34 | — | 0.98% | 22.57M | $22.6M |
| 16 | PA INDL AUTH HOS FRN 7/54 | — | 0.77% | 17.70M | $17.7M |
| 17 | EL PASO CO HOSP 5.5 2/50 | — | 0.71% | 16.25M | $16.3M |
| 18 | OH AIR QLTY DEV 4.25 1/38 | — | 0.65% | 16.20M | $15.0M |
| 19 | CHICAGO-B-REF-AM 5.5 1/48 | — | 0.62% | 14.49M | $14.3M |
| 20 | PROJECTNEW YORK T 5 10/40 | — | 0.62% | 14.78M | $14.3M |
| 21 | PHILIDELPHIA AUT FRN 7/54 | — | 0.62% | 14.20M | $14.2M |
| 22 | ROSWELL GA DEV A FRN 4/47 | — | 0.61% | 14.10M | $14.1M |
| 23 | HOUSTON-B-AMT-RE 5.5 7/39 | — | 0.61% | 14.33M | $14.0M |
| 24 | CHICAGO - SER A 5.5 1/40 | — | 0.51% | 12.22M | $11.8M |
| 25 | DASNY-A-GROUP 3 5 3/48 | — | 0.51% | 12.00M | $11.7M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 4.26% | Paid (last 12 months) | $0.9924 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.0906 (Oct 06, 2026) |
| Growth 1Y | -0.42% | Growth 3Y / 5Y (ann.) | +5.06% / +9.79% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 06, 2026 | $0.0906 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 04, 2026 | $0.0796 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 06, 2026 | $0.0942 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 07, 2026 | $0.0866 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 04, 2026 | $0.0825 |
| May 01, 2026 | May 01, 2026 | May 06, 2026 | $0.0889 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 06, 2026 | $0.0880 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 05, 2026 | $0.0748 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 05, 2026 | $0.0762 |
| Dec 19, 2025 | Dec 19, 2025 | Dec 24, 2025 | $0.0677 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 04, 2025 | $0.0727 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 06, 2025 | $0.0906 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 3.60% / 4.56% | Sharpe 1Y / 3Y | -1.87 / 0.081 |
| Max drawdown 1Y / 3Y | -7.55% / -7.55% | Sortino 1Y | -2.28 |
| Beta vs S&P 500 (3Y) | 0.025 | Correlation vs S&P 500 (1Y) | 0.316 |
| Downside deviation 1Y | 2.95% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 2.48M | Average volume | 1.03M |
| AUM | $2.29B | Premium/Discount | +0.65% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$10.0M | -0.43% | $2.30B → $2.29B |
| 1 Month | -$39.9M | -1.66% | $2.40B → $2.29B |
| 1 Week | -$16.0M | -0.69% | $2.31B → $2.29B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for FLMI
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.