Franklin Municipal Green Bond ETF (FLMB)
| Assets | $108.42M |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $0.77 |
| Dividend Yield | 3.22% |
| Ex-Dividend Date | Dec 1, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | +0.78% |
| Volume | 10,275 |
| Open | 23.81 |
| Previous Close | 23.74 |
| Day's Range | 23.77 - 23.82 |
| 52-Week Low | 21.92 |
| 52-Week High | 24.30 |
| Beta | n/a |
| Holdings | 142 |
| Inception Date | Aug 31, 2017 |
About FLMB
Fund Home PageThe Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is issued by Franklin Templeton.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 1, 2023 | $0.07069 | Dec 7, 2023 |
| Nov 1, 2023 | $0.07643 | Nov 7, 2023 |
| Oct 2, 2023 | $0.06544 | Oct 6, 2023 |
| Sep 1, 2023 | $0.07537 | Sep 8, 2023 |
| Aug 1, 2023 | $0.0663 | Aug 7, 2023 |
| Jul 3, 2023 | $0.06752 | Jul 10, 2023 |
News
NYSE's ETF Leaders: Franklin Templeton's David Mann
Franklin Templeton's head of ETF product and capital markets David Mann heard “a lot of good chatter” at Exchange 2023. Two main themes dominated the chatter: Franklin Templeton's “active fixed income...
Active ETF Strategies Could Help Exploit Inefficiencies in the Municipal Bond Market
Bond investors can utilize actively managed municipal bond exchange traded funds to seek out the best opportunities and exploit inefficiencies in the complex muni market. In the recent webcast, Explo...
Exploiting Inefficiencies in the Muni Market with Active Management
While municipal bonds have always been known for investor benefits such as tax-free income and diversification, the muni market has cheapened amid 2022's heightened volatility – making now an opportun...
Franklin Templeton Changes Name, Objective For FLMB
Franklin Templeton has changed the name, investment objective, and principal strategies of the Franklin Liberty Municipal Bond ETF (NYSE Arca: FLMB). Effective May 3, the fund was renamed the Franklin...
Clean Water Initiatives Are Vital for Infrastructure ETFs
Commodities don't have the panache of most equities but it's an opportunity investors can consider when it comes to investing in needs versus wants. In the case of water, something the world obviously...
Can the Municipal Bond Market Weather the Coronavirus Storm?
The U.S. Federal Reserve is stepping in to toss a life preserve to the bond markets, including corporate debt and high yield, but few may have seen municipal bonds seeking help.
3 ETFs to Consider as Fed Steps in to Save Municipal Bonds
It almost seems like “safe haven bonds” has become a misnomer. Some of the safest debt, such as municipal bonds, are now causing its issuers to ask for help from the Federal Reserve amid the coronavir...
The Coronavirus is Bringing Some Unforeseen Volatility to Munis
In the U.S. bond markets, municipal debt is seen as some of the most stable given that they’re backed by local governments albeit at lower-than-junk yields as most would expect.
Show Me the Muni (Bond ETFs), Here’s 3
Even safe haven assets are feeling the pangs of the coronavirus-filled capital markets. Take municipal bonds for example–muni bond funds haven’t been immune to the coronavirus contagion, but on the pl...
Municipal Bond Market Eclipses the $400B Mark in 2019
2019 was a strong year of performance for bonds, particularly fixed income ETFs, which saw notable interest during times of heavy volatility. The municipal bond market also made out well, hitting over...
Is the 60-40 Stocks-Bonds Split Dying Off?
The 40% allocation into bonds has proven to be a challenge given that Treasury note yields have gone to basement-low levels.
Municipal Bond Activity Rises in November
Treasury yields have been ticking higher with the major indexes in the equities market notching record highs.