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NYSEARCA:FLMI

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

Franklin Dynamic Municipal Bond ETF logo
$24.22 -0.07 (-0.29%)
Closing price 03/27/2025 04:10 PM Eastern
Extended Trading
$24.30 +0.09 (+0.35%)
As of 03/27/2025 05:16 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Key Stats

Today's Range
$24.22
$24.32
50-Day Range
$24.22
$24.86
52-Week Range
$24.06
$25.38
Volume
142,505 shs
Average Volume
147,503 shs
Market Capitalization
$594.60 million
Assets Under Management
$604.41 million
Dividend Yield
4.05%
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.

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Franklin Dynamic Municipal Bond ETF Expenses

TypeFLMIBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.30%0.32%0.32%0.51%0.53%
Other Expenses0.00%0.53%0.25%0.57%0.52%
Total Expense0.30%0.46%0.40%0.73%0.71%
Fee Waiver0.00%-0.28%-0.25%-0.66%-0.55%
Net Expense0.30%0.41%0.36%0.58%0.60%
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FLMI ETF News Headlines

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FLMI ETF - Frequently Asked Questions

Franklin Dynamic Municipal Bond ETF's stock was trading at $24.43 on January 1st, 2025. Since then, FLMI shares have decreased by 0.9% and is now trading at $24.22.
View the best growth stocks for 2025 here
.

Franklin Dynamic Municipal Bond ETF's top institutional shareholders include LPL Financial LLC (30.67%), Focus Partners Wealth (15.46%), Central Bank & Trust Co. (8.88%) and Ameriprise Financial Inc. (6.85%).

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.

Fund Details

Issuer
Franklin Templeton Investments
Fund Name
Franklin Dynamic Municipal Bond ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
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
771

Fund Statistics

Assets Under Management
$604.41 million
Average Daily Volume
$173,529.90
Discount/Premium
-0.03%

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
50,800 shs

Miscellaneous

Beta
0.25
Creation Unit
100,000
Creation Fee
$500.00
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Top 10 FLMI Holdings

  • SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%
    Holding Weight: 1.92%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%
    Holding Weight: 1.75%
  • BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25%
    Holding Weight: 1.56%
  • HAMILTON CNTY OHIO HOSP FACS REV 3.1%
    Holding Weight: 1.53%
  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%
    Holding Weight: 1.52%
  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.05%
    Holding Weight: 1.39%
  • LOS ANGELES CALIF DEPT WTR & PWR REV 3.6%
    Holding Weight: 1.33%
  • CHICAGO ILL 5.5%
    Holding Weight: 1.29%
  • TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%
    Holding Weight: 1.20%
  • Grand Canyon University 5.125%
    Holding Weight: 1.18%

FLMI Sector Exposure

FLMI Geographic Exposure


This page (NYSEARCA:FLMI) was last updated on 3/28/2025 by MarketBeat.com Staff
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