Franklin Dynamic Municipal Bond ETF (FLMI)
| Assets | $2.39B |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Forward PE | n/a |
| Shares Out | 99.30M |
| Dividend | $0.99 (4.14%) |
| Ex-Dividend Date | Oct 1, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 1,320,959 |
| Open | 24.02 |
| Previous Close | 24.03 |
| Day's Range | 23.96 - 24.05 |
| 52-Week Low | 23.04 |
| 52-Week High | 25.46 |
| Beta | 0.27 |
| Holdings | 1463 |
| Inception Date | Aug 31, 2017 |
About FLMI
Fund Home PageThe Franklin Dynamic Municipal Bond ETF (FLMI) is an exchange-traded fund that mostly invests in a broad mix of bonds. 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.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2026 | $0.09057 | Oct 6, 2026 |
| Sep 1, 2026 | $0.07959 | Sep 4, 2026 |
| Aug 3, 2026 | $0.09421 | Aug 6, 2026 |
| Jul 1, 2026 | $0.08658 | Jul 7, 2026 |
| Jun 1, 2026 | $0.08249 | Jun 4, 2026 |
| May 1, 2026 | $0.08886 | May 6, 2026 |
Performance
FLMI had a total return of -0.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.60%.
News
What Midterm Elections Do – & Don't – Mean for Bonds
Midterm elections are increasingly taking over the headlines, and that includes coverage of markets. While inflation, rates, and geopolitics probably have more outright impact on portfolios, investors...
Adding Municipals? 3 Muni ETFs That Have Led Over 3 Years
Municipal bonds have seen an uptick in interest as more investors look to reduce tax exposures. Economic headwinds are putting pressure on overall portfolios, while shifting yield pictures are seeing ...
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...
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