Franklin Dynamic Municipal Bond ETF (FLMI)

NYSEARCA: FLMI · IEX Real-Time Price · USD
24.23
+0.01 (0.04%)
May 24, 2024, 4:00 PM EDT - Market closed
0.04%
Assets $214.26M
Expense Ratio 0.30%
PE Ratio n/a
Shares Out 8.70M
Dividend (ttm) $0.95
Dividend Yield 3.91%
Ex-Dividend Date May 1, 2024
Payout Ratio n/a
1-Year Return +2.89%
Volume 75,712
Open 24.23
Previous Close 24.22
Day's Range 24.23 - 24.23
52-Week Low 22.50
52-Week High 25.94
Beta 0.08
Holdings 506
Inception Date Aug 31, 2017

About FLMI

Fund Home Page

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 issued by Franklin Templeton.

Asset Class Fixed Income
Category High Yield Muni
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FLMI
ETF Provider Franklin Templeton

Dividends

Ex-Dividend Amount Pay Date
May 1, 2024 $0.09036 May 7, 2024
Apr 1, 2024 $0.07988 Apr 5, 2024
Mar 1, 2024 $0.07447 Mar 7, 2024
Feb 1, 2024 $0.08249 Feb 7, 2024
Dec 15, 2023 $0.08687 Dec 21, 2023
Dec 1, 2023 $0.07656 Dec 7, 2023
Full Dividend History

News

Franklin's Muni Bond ETF Leverages a Deep Research Bench

Municipal bonds are known for their tax advantages and low default rates¹. Right now they have a lot to offer investors.

21 days ago - ETF Trends

Franklin Templeton's Jennifer Johnston on muni bonds: Buy bonds with robust security provisions

Jennifer Johnston, SVP and director of municipal bond research Franklin Templeton, joins 'The Exchange' to discuss the tax advantage nature of MUNI investments, shifting investments from treasuries to...

Other symbols: MBNDMUBTLT
9 months ago - CNBC Television

ETF Odds & Ends: 2022 Leads 2021 For Launches

Meanwhile, several funds had changes to their indexes, names or expense ratios.

2 years ago - ETFcom

Franklin Templeton Announces Name Change to Two Tax-Free Bond ETFs

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Announces Name Change to Two Tax-Free Bond ETFs

4 years ago - Business Wire