Franklin Liberty Intermediate Municipal Opportunities ETF (FLMI)
|Ex-Dividend Date||May 2, 2022|
|Day's Range||24.02 - 24.03|
|Inception Date||Aug 31, 2017|
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.
Top 10 Holdings20.60% of assets
|Cash & Cash Equivalents||N/A||6.83%|
|CALIFORNIA ST MUNI FIN AUTH SO||CA CASPOL 07.01.2051||2.31%|
|MAIN STREET NATURAL GAS INC GA||GA MAIUTL 09.01.2052||1.76%|
|TEXAS ST MUNI GAS ACQUISITION||TX TXSUTL 5 12.15.2030||1.74%|
|MAIN STREET NATURAL GAS INC GA||GA MAIUTL 08.01.2052||1.73%|
|NEW JERSEY ST TRANSPRTN TRUST||NJ NJSTRN 5 06.15.2034||1.27%|
|TENNESSEE ENERGY ACQUISITION C||TN TNSUTL 05.01.2052||1.26%|
|ILLINOIS ST||IL ILS 5 03.01.2026||1.24%|
|FLORIDA DEV FIN CORP HLTHCAREF||FL FLSMED 5 02.01.2038||1.24%|
|BLACK BELT ENERGY GAS DIST AL||AL BBEUTL 06.01.2051||1.22%|
|May 2, 2022||$0.04561||May 6, 2022|
|Apr 1, 2022||$0.05617||Apr 7, 2022|
|Mar 1, 2022||$0.0446||Mar 7, 2022|
|Feb 1, 2022||$0.090||Feb 7, 2022|
|Dec 1, 2021||$0.05878||Dec 7, 2021|
|Oct 29, 2021||$0.0523||Nov 4, 2021|
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, Exploit...
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 opportune ...
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Announces Name Change to Two Tax-Free Bond ETFs
Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.