Free Trial
NYSEARCA:FLMI

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

Franklin Dynamic Municipal Bond ETF logo
$24.71 -0.08 (-0.32%)
(As of 12:15 PM ET)

About Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Key Stats

Today's Range
$24.71
$24.79
50-Day Range
$24.42
$25.02
52-Week Range
$23.44
$25.50
Volume
37,386 shs
Average Volume
94,673 shs
Market Capitalization
$208.80 million
Assets Under Management
$360.59 million
Dividend Yield
2.91%
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%0.33%0.51%0.52%
Other Expenses0.00%0.57%0.26%0.57%0.53%
Total Expense0.30%0.46%0.40%0.73%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.67%-0.57%
Net Expense0.30%0.41%0.36%0.58%0.59%
Receive FLMI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Franklin Dynamic Municipal Bond ETF and its competitors with MarketBeat's FREE daily newsletter.

FLMI ETF News Headlines

Franklin California High Yield Municipal Fund Q3 2024 Commentary
My #1 Pre IPO Trade for 2025 – NAME and TICKER
One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report...
Muni Bonds: Don't Fight The Fed, Buy Dips
DXB:CA Dynamic Active Tactical Bond ETF
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 1.9% and is now trading at $24.71.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Franklin Dynamic Municipal Bond ETF include Central Bank & Trust Co. (10.27%), Patriot Financial Group Insurance Agency LLC (1.93%), Jane Street Group LLC (1.84%) and Thrivent Financial for Lutherans (1.81%).

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
639

Fund Statistics

Assets Under Management
$360.59 million
Average Daily Volume
$96,765.50
Discount/Premium
0.09%

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
62,900 shs

Miscellaneous

Beta
0.08
Creation Unit
100,000
Creation Fee
$500.00
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Top 10 FLMI Holdings

  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%
    Holding Weight: 2.13%
  • TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%
    Holding Weight: 1.90%
  • TENNERGY CORP TENN GAS REV 5.5%
    Holding Weight: 1.54%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 1.25%
  • PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%
    Holding Weight: 1.22%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%
    Holding Weight: 1.21%
  • NEW JERSEY HEALTH CARE FACS FING AUTH 2.8%
    Holding Weight: 1.21%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
    Holding Weight: 1.20%
  • VIRGINIA SMALL BUSINESS FING AUTH REV 4%
    Holding Weight: 1.17%
  • CHICAGO ILL 4%
    Holding Weight: 1.11%

FLMI Sector Exposure

FLMI Industry Exposure


This page (NYSEARCA:FLMI) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners