Home » ETF » FLMB

FLMB - Franklin Liberty Municipal Bond ETF

Stock Price: $27.22 USD 0.00 (0.00%)
Updated Apr 21, 2021 4:00 PM EDT - Market closed
Assets $129.27M
NAV $27.22
Expense Ratio 0.30%
PE Ratio n/a
Beta (5Y) 0.03
Dividend (ttm) $0.55
Dividend Yield 2.01%
Ex-Dividend Date Mar 31, 2021
1-Year Return -
Trading Day April 21
Last Price $27.22
Previous Close $27.22
Change ($) 0.00
Change (%) 0.00%
Day's Open 27.24
Day's Range 27.19 - 27.22
Day's Volume 3,094
52-Week Range 25.14 - 28.84

Fund Description

The investment seeks a high level of current income that is exempt from federal income taxes. Under normal market conditions, the fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's net assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay interest subject to other federal or state income taxes.

Asset Class
Fixed Income
Sector
Income
Region
North America
Inception Date
Aug 31, 2017
Exchange
NYSEARCA
Ticker Symbol
FLMB
Index Tracked
Bloomberg Barclays Municipal Managed Money Index

Top 10 Holdings

19.29% of assets
NameSymbolWeight
Us Dollarn/a3.37%
IOWA FIN AUTH REV 5%n/a2.17%
NEW JERSEY ST 4%n/a1.89%
CALIFORNIA ST 3%n/a1.85%
LARIMER & WELD CNTYS COLO SCH DIST NO RE-5J 4%n/a1.85%
MARION & POLK CNTYS ORE SCH DIST NO 24J SALEM 0%n/a1.83%
ANAHEIM CALIF PUB FING AUTH LEASE REV 0%n/a1.70%
GEISINGER AUTH PA HEALTH SYS REV 4%n/a1.59%
LOWER ALA GAS DIST GAS PROJ REV 4%n/a1.52%
GEORGIA ST RD & TWY AUTH REV 5%n/a1.51%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 31, 2021$0.048Apr 6, 2021
Feb 26, 2021$0.036Mar 4, 2021
Jan 29, 2021$0.05Feb 4, 2021
Dec 30, 2020$0.022Jan 6, 2021
Nov 30, 2020$0.034Dec 4, 2020
Oct 30, 2020$0.045Nov 5, 2020
Full Dividend History

News

Hide News
  • All
  • Videos
  • Conversation

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 n...

Other tickers mentioned: MLN, RVNU
5 months ago - ETF Trends

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.

Other tickers mentioned: MLN, RVNU
1 year ago - ETF Trends

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 coronavirus...

Other tickers mentioned: MLN, RVNU
1 year ago - ETF Trends

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.

Other tickers mentioned: HYMB, MLN, RVNU
1 year ago - ETF Trends

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 plus...

Other tickers mentioned: MLN, RVNU
1 year ago - ETF Trends

There is growing support among Americans for wealth tax imposition. What would it bring for muni bond ETFs?

Other tickers mentioned: FMHI, ITM, MLN, RVNU
1 year ago - Zacks Investment Research

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 t...

Other tickers mentioned: MLN, RVNU
1 year ago - ETF Trends

The 40% allocation into bonds has proven to be a challenge given that Treasury note yields have gone to basement-low levels.

Other tickers mentioned: MLN, RVNU
1 year ago - ETF Trends

Treasury yields have been ticking higher with the major indexes in the equities market notching record highs.

Other tickers mentioned: HYMB, MLN, RVNU
1 year ago - ETF Trends

Why muni bond ETFs have been rallying hard this year.

Other tickers mentioned: ITM, PZT, RVNU
2 years ago - Zacks Investment Research