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NYSEARCA:FLMI

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

$24.81
+0.03 (+0.12%)
(As of 09/6/2024 ET)
Today's Range
$24.75
$24.82
50-Day Range
$24.32
$24.81
52-Week Range
$22.50
$25.94
Volume
131,330 shs
Average Volume
82,275 shs
Market Capitalization
$209.64 million
Assets Under Management
$290.92 million
Dividend Yield
2.90%
Net Expense Ratio
0.30%
FLMI stock logo

About Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

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.

FLMI Stock Price History

FLMI ETF News Headlines

The 2024 U.S. Election And Municipal Bonds: What To Know
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
See More Headlines
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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
571

Fund Statistics

Assets Under Management
$290.92 million
Average Daily Volume
$140,216.50
Discount/Premium
0.05%

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
50,900 shs

Miscellaneous

Beta
0.08
Creation Unit
100,000
Creation Fee
$500.00
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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%0.52%
Other Expenses0.00%0.57%0.26%0.58%0.54%
Total Expense0.30%0.46%0.40%0.74%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.68%-0.58%
Net Expense0.30%0.41%0.35%0.58%0.59%

Franklin Dynamic Municipal Bond ETF (FLMI) Holdings & Exposure

Top 10 FLMI Holdings

  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%
    Holding Weight: 2.59%
  • TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%
    Holding Weight: 2.30%
  • TENNERGY CORP TENN GAS REV 5.5%
    Holding Weight: 1.89%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 1.52%
  • PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%
    Holding Weight: 1.48%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
    Holding Weight: 1.46%
  • VIRGINIA SMALL BUSINESS FING AUTH REV 4%
    Holding Weight: 1.42%
  • SHELBY CNTY TENN HEALTH EDL & HSG FACS BRD REV 2.55%
    Holding Weight: 1.30%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%
    Holding Weight: 1.12%
  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.5%
    Holding Weight: 0.97%

FLMI Sector Exposure

FLMI Industry Exposure


FLMI ETF - Frequently Asked Questions

How have FLMI shares performed this year?

Franklin Dynamic Municipal Bond ETF's stock was trading at $24.26 at the beginning of 2024. Since then, FLMI shares have increased by 2.3% and is now trading at $24.81.
View the best growth stocks for 2024 here
.

Who are Franklin Dynamic Municipal Bond ETF's major shareholders?

Top institutional investors of Franklin Dynamic Municipal Bond ETF include Wulff Hansen & CO. (11.89%), Central Bank & Trust Co. (7.88%), Sanctuary Advisors LLC (2.18%) and Patriot Financial Group Insurance Agency LLC (1.78%).

How do I buy shares of Franklin Dynamic Municipal Bond ETF?

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.

This page (NYSEARCA:FLMI) was last updated on 9/7/2024 by MarketBeat.com Staff

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