FLMI

Fund Description
FLMI seeks to provide high levels of income exempt from federal income taxes while maintaining an average maturity of 3-10 years. It provides exposure to municipal securities across entire credit rating spectrum, including below investment grade. Actively managed by an experienced team dedicated to investing in the municipal bond industry
Fund Profile
Fund Name Franklin Dynamic Municipal Bond ETF
Fund Exchange Ticker FLMI
Fund Sponsor Franklin Templeton
Fund ISIN US35473P8683
Net Expense Ratio 0.30 %
Fund Inception Date 31 August 2017
Fund Legal Structure Delaware Statutory Trust
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 23 November 2022
Asset Under Management 96.57 Million (USD)
1 Month Total Return 3.37 %
Year To Date Return -12.33 %
1 Year Total Return -12.25 %
3 Year Annualized Total Return -1.01 %
NAV 23.27
Share Outstanding 4,150,000
Top 10 Holdings (23 November 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
MET TRANSPRTN AUTH NY REVENUE BOND 0.0234000000
ILLINOIS ST SALES TAX REVENUE BOND 0.0166000000
TENNERGY CORP TN GAS REVENUE BOND 0.0159000000
TEXAS ST MUNI GAS ACQ BOND 0.0152000000
MAIN STREET NAT GAS-C BOND 0.0147000000
FLORIDA DEV FIN CORP BOND 0.0142000000
CA STWD CMNTYS DEV AU BOND 0.0130000000
BLACK BELT ENERGY GAS BOND 0.0125000000
Cash & Cash Equivalents CASH 0.0125000000
MET TRANSPRTN AUTH NY REVENUE BOND 0.0121000000