FLMI Franklin Dynamic Municipal Bond ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.63 | Day Range | 24.57 – 24.67 |
| 52-Week Range | 24.05 – 25.46 | Volume | 564.15K |
| Avg Volume | 715.30K | AUM | $2.38B (Aug 27, 2026) |
| Expense Ratio | 0.30% | Yield (TTM) | 3.98% |
| NAV | 24.61 | Premium/Discount | -0.08% indicative |
| Inception | Aug 31, 2017 | Holdings | 1383 |
| 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 Aug 27, 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 | -0.08% | -1.12% | -2.99% | -0.96% | +2.03% | +1.53% | -1.85% | — | -0.19% |
| Total return | +0.28% | -0.08% | -0.96% | +1.40% | +6.12% | +5.59% | +1.66% | — | +2.83% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 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 Aug 27, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 892 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SE ENERGY AUTH-A 5 11/35 | — | 2.85% | 39.19M | $40.1M |
| 2 | KY PUB ENERGY AUTH 5 5/36 | — | 2.84% | 38.34M | $40.0M |
| 3 | S E ENERGY AUTH- FRN 1/56 | — | 2.68% | 37.27M | $37.7M |
| 4 | BLACK BELT-SER- FRN 11/56 | — | 2.49% | 33.25M | $35.1M |
| 5 | KY PUB ENERGY AUTH 5 6/34 | — | 2.29% | 31.18M | $32.2M |
| 6 | MET PIER & EXPOSI 4 12/42 | — | 2.09% | 31.62M | $29.4M |
| 7 | TX MUNI GAS ACQ V 5 4/36 | — | 1.65% | 22.29M | $23.2M |
| 8 | ROCHESTER-SER D FRN 11/64 | — | 1.63% | 22.90M | $22.9M |
| 9 | MO HLTH & EDU-F FRN 6/44 | — | 1.44% | 20.21M | $20.2M |
| 10 | SOUTHEAST ENERGY- 5 11/35 | — | 1.37% | 18.56M | $19.3M |
| 11 | OH AIR QLTY DEV 4.25 1/38 | — | 1.13% | 16.20M | $15.9M |
| 12 | PA INDL AUTH HOS FRN 7/54 | — | 1.10% | 15.50M | $15.5M |
| 13 | ROSWELL GA DEV A FRN 4/47 | — | 0.99% | 13.99M | $14.0M |
| 14 | NJ HGR EDU AUT 4.25 12/46 | — | 0.80% | 11.50M | $11.3M |
| 15 | MAIN STREET ENERGY 5 9/36 | — | 0.79% | 10.62M | $11.1M |
| 16 | BLACK BELT ENRY FRN 5/55 | — | 0.78% | 10.71M | $11.0M |
| 17 | CHICAGO BOE-A 5.25 12/35 | — | 0.73% | 10.00M | $10.3M |
| 18 | CT ST HLTH -A 5.5 7/51 | — | 0.71% | 9.48M | $10.0M |
| 19 | FW SKYLINE PUB 4.25 4/39 | — | 0.70% | 10.27M | $9.9M |
| 20 | CHICAGO -A-AMT 4.5 1/48 | — | 0.69% | 10.25M | $9.7M |
| 21 | CHICAGO - SER A 5.5 1/40 | — | 0.69% | 9.51M | $9.7M |
| 22 | NJ HLTH CARE FAC FRN 7/61 | — | 0.68% | 9.60M | $9.6M |
| 23 | CHICAGO BOE 5.75 4/48 | — | 0.68% | 9.08M | $9.5M |
| 24 | CA CMNTY CHOICE FRN 1/54 | — | 0.67% | 8.90M | $9.4M |
| 25 | CMFA SPL FIN AGY 7 4 8/47 | — | 0.60% | 9.38M | $8.5M |
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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) | 3.98% | Paid (last 12 months) | $0.9792 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 03, 2026 | Last payment | $0.0942 (Aug 06, 2026) |
| Growth 1Y | -1.59% | Growth 3Y / 5Y (ann.) | +5.34% / +10.18% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| 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 |
| Oct 01, 2025 | Oct 01, 2025 | Oct 06, 2025 | $0.0789 |
| Sep 02, 2025 | Sep 02, 2025 | Sep 05, 2025 | $0.0780 |
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 | 3.04% / 4.48% | Sharpe 1Y / 3Y | 0.814 / 0.45 |
| Max drawdown 1Y / 3Y | -2.89% / -4.65% | Sortino 1Y | 1.18 |
| Beta vs S&P 500 (3Y) | 0.023 | Correlation vs S&P 500 (1Y) | 0.324 |
| Downside deviation 1Y | 2.09% | Risk-free rate used | 3.72% (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 Aug 26, 2026. Formulas →
Liquidity
| Volume today | 564.15K | Average volume | 715.30K |
| AUM | $2.38B | Premium/Discount | -0.08% |
| 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 | $20.0M | +0.85% | $2.36B → $2.38B |
| 1 Week | $23.8M | +1.01% | $2.36B → $2.38B |
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.