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NYSEARCA:FLMI

Franklin Dynamic Municipal Bond ETF (FLMI) Price, Holdings, & News

$24.87
-0.03 (-0.12%)
(As of 10/17/2024 ET)

About Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Key Stats

Today's Range
$24.79
$24.87
50-Day Range
$24.64
$25.02
52-Week Range
$22.50
$25.50
Volume
97,082 shs
Average Volume
94,733 shs
Market Capitalization
$210.15 million
Assets Under Management
$336.59 million
Dividend Yield
2.90%
Net Expense Ratio
0.30%
Aggregate Rating
N/A

ETF Overview

The Franklin Dynamic Municipal Bond ETF (FLMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund 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. FLMI was launched on Aug 31, 2017 and is managed by Franklin Templeton.

Franklin Dynamic Municipal Bond ETF Expenses

TypeFLMIBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.30%0.32%0.32%0.51%0.52%
Other Expenses0.00%0.57%0.27%0.58%0.54%
Total Expense0.30%0.46%0.40%0.73%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.68%-0.57%
Net Expense0.30%0.41%0.36%0.58%0.59%
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FLMI ETF News Headlines

Overlay Shares Municipal Bond ETF (OVM)
Franklin CA High Yield Municipal A
These LIVE trade signals would have dished out how much money?
51 LIVE trade signals…and you won’t believe how much some of my members could have grown their account! Seriously, for the first “beta testers” of this weekly income strategy…. The returns were JAW-DROPPING. How much could they have grown their $10k starting account?
The 2024 U.S. Election And Municipal Bonds: What To Know
See More Headlines

FLMI ETF - Frequently Asked Questions

Franklin Dynamic Municipal Bond ETF's stock was trading at $24.26 at the beginning of 2024. Since then, FLMI stock has increased by 2.5% and is now trading at $24.87.
View the best growth stocks for 2024 here
.

Top institutional investors of Franklin Dynamic Municipal Bond ETF include Redhawk Wealth Advisors Inc. (0.71%), GAMMA Investing LLC (0.48%), Massmutual Trust Co. FSB ADV (0.37%) and Secure Asset Management LLC (0.35%).

Shares of FLMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Fund Details

Issuer
Franklin Templeton Investments
Fund Name
Franklin Dynamic Municipal Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FLMI
Inception Date
8/31/2017
Fund Manager
James Conn, Christopher Sperry, Daniel Workman
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
615

Fund Statistics

Assets Under Management
$336.59 million
Average Daily Volume
$184,690.90
Discount/Premium
0.06%

Administrator, Advisor and Custodian

Administrator
Franklin Templeton Services, LLC
Advisor
Franklin Advisers, Inc.
Custodian
State Street Bank and Trust Company
Distributor
Franklin Templeton Distributors, Inc.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Flow Traders

Options

Optionable
N/A
Short Interest
137,100 shs

Miscellaneous

Beta
0.08
Creation Unit
100,000
Creation Fee
$500.00
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Top 10 FLMI Holdings

  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%
    Holding Weight: 2.32%
  • TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%
    Holding Weight: 2.08%
  • TENNERGY CORP TENN GAS REV 5.5%
    Holding Weight: 1.69%
  • Us Dollar
    Holding Weight: 1.59%
  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.2%
    Holding Weight: 1.42%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%
    Holding Weight: 1.36%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 1.36%
  • PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%
    Holding Weight: 1.32%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
    Holding Weight: 1.30%
  • VIRGINIA SMALL BUSINESS FING AUTH REV 4%
    Holding Weight: 1.27%

FLMI Sector Exposure

FLMI Industry Exposure


This page (NYSEARCA:FLMI) was last updated on 10/18/2024 by MarketBeat.com Staff
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