Franklin Liberty Intermediate Municipal Opportunities ETF (FLMI)

NYSEARCA: FLMI · IEX Real-Time Price · USD
24.03
0.16 (0.69%)
May 26, 2022 10:18 AM EDT - Market closed
Assets$75.63M
NAV$24.01
Expense Ratio0.30%
PE Ration/a
Shares Out3.15M
Dividend (ttm)$0.61
Dividend Yield2.54%
Ex-Dividend DateMay 2, 2022
1-Year Return-10.20%
Volume496,385
Open24.17
Previous Close23.87
Day's Range24.02 - 24.03
52-Week Low23.35
52-Week High28.34
Beta0.07
Holdings419
Inception DateAug 31, 2017

About FLMI

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 ClassFixed Income
SectorIncome
RegionNorth America
IssuerFranklin Templeton
Stock ExchangeNYSEARCA
Ticker SymbolFLMI
Index TrackedBloomberg Barclays Municipal 1-15 Year Index

Top 10 Holdings

20.60% of assets
NameSymbolWeight
Cash & Cash EquivalentsN/A6.83%
CALIFORNIA ST MUNI FIN AUTH SOCA CASPOL 07.01.20512.31%
MAIN STREET NATURAL GAS INC GAGA MAIUTL 09.01.20521.76%
TEXAS ST MUNI GAS ACQUISITIONTX TXSUTL 5 12.15.20301.74%
MAIN STREET NATURAL GAS INC GAGA MAIUTL 08.01.20521.73%
NEW JERSEY ST TRANSPRTN TRUSTNJ NJSTRN 5 06.15.20341.27%
TENNESSEE ENERGY ACQUISITION CTN TNSUTL 05.01.20521.26%
ILLINOIS STIL ILS 5 03.01.20261.24%
FLORIDA DEV FIN CORP HLTHCAREFFL FLSMED 5 02.01.20381.24%
BLACK BELT ENERGY GAS DIST ALAL BBEUTL 06.01.20511.22%
View More Holdings

Dividends

Ex-DividendAmountPay Date
May 2, 2022$0.04561May 6, 2022
Apr 1, 2022$0.05617Apr 7, 2022
Mar 1, 2022$0.0446Mar 7, 2022
Feb 1, 2022$0.090Feb 7, 2022
Dec 1, 2021$0.05878Dec 7, 2021
Oct 29, 2021$0.0523Nov 4, 2021
Full Dividend History

News

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, Exploit...

Other symbols:FLMB
2 days ago - ETF Trends

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 opportune ...

Other symbols:FLMB
4 days ago - ETF Trends

ETF Odds & Ends: 2022 Leads 2021 For Launches

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

3 months 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

1 year ago - Business Wire

Democrats Favoring Tax Hikes: Muni Bond ETFs to Soar?

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.

Other symbols:FMHIMLNPZASHYD
2 years ago - Zacks Investment Research