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Franklin Dynamic Municipal Bond ETF (FLMI)
USD24.98
-0.02 (-0.08%)
AMEX USD US Fixed Income
NAV
USD 24.98
0.00% vs NAV
as of 2026-07-13
AUM
USD 2.29B
TER
0.30%
Yield (TTM)
3.91%
Distribution
Distributing · Monthly
52-week range
23.96 – 25.45
Holdings
1,339
Issuer
Franklin Templeton
About this ETF
The main goal of this ETF is to deliver a significant amount of ongoing income, structured in a way that these earnings are not subject to ordinary federal income taxes.
ISIN
US35473P8683
Issuer
Franklin Templeton
Domicile
US
Inception
2017-08-31
Asset class
Fixed Income
Price
Top 10 holdings
| SE ENERGY AUTH-A 5 11/35 | 1.78% |
| KY PUB ENERGY AUTH 5 5/36 | 1.74% |
| KENTUCKY PUB ENGY 5 12/33 | 1.60% |
| CA CMNTY CHOICE-B 5 3/36 | 1.53% |
| TN ENERGY ACQ COR 5 12/35 | 1.42% |
| S E ENERGY AUTH- FRN 1/56 | 1.34% |
| MET PIER & EXPOSI 4 12/42 | 1.34% |
| BLACK BELT-SER- FRN 11/56 | 1.32% |
| BLACK BELT ENERGY 5 10/35 | 1.27% |
| TX MUNI GAS ACQ V 5 4/36 | 1.02% |
Sector mix
Price chart
USD24.98
-0.02 (-0.08%)
Loading historical data…
Returns
| 1 month | -0.12% |
| 3 months | +0.20% |
| 6 months | -0.04% |
| Year to date | +0.44% |
| 1 year | +3.27% |
| 3 years (ann.) | +1.75% |
| 5 years (ann.) | -1.48% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 3.09% |
| Sharpe (1y) | 1.06 |
| Sharpe (3y) | 0.40 |
| Sortino (1y) | 1.33 |
| Max drawdown (1y) | -3.18% |
| Max drawdown (5y) | -17.26% |
| Max drawdown (full) | -17.26% |
| Beta vs S&P 500 (1y) | 0.07 |
| Correlation vs S&P 500 (1y) | 0.27 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
35
P(gain) 22 sessions — probability
51%
VaR 95% (daily)
-0.41%
CVaR 95% (daily)
-0.96%
GARCH vol forecast (22d)
0.21%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
14.3%
Effective holdings
240
Disclosed positions
1,339
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
FLMI
0.30%
Fixed Income median
0.20%
Cheapest in class BKAG
0.00%
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-07 | USD 0.0866 |
| 2026-06-01 | 2026-06-04 | USD 0.0825 |
| 2026-05-01 | 2026-05-06 | USD 0.0889 |
| 2026-04-01 | 2026-04-06 | USD 0.0880 |
| 2026-03-02 | 2026-03-05 | USD 0.0749 |
| 2026-02-02 | 2026-02-05 | USD 0.0762 |
| 2025-12-19 | 2025-12-24 | USD 0.0677 |
| 2025-12-01 | 2025-12-04 | USD 0.0727 |
| 2025-11-03 | 2025-11-06 | USD 0.0906 |
| 2025-10-01 | 2025-10-06 | USD 0.0789 |
| 2025-09-02 | 2025-09-05 | USD 0.0780 |
| 2025-08-01 | 2025-08-06 | USD 0.0912 |
| 2025-07-01 | 2025-07-07 | USD 0.0795 |
| 2025-06-02 | 2025-06-05 | USD 0.0844 |
| 2025-05-01 | 2025-05-06 | USD 0.0931 |
| 2025-04-01 | 2025-04-04 | USD 0.0875 |
| 2025-03-03 | 2025-03-06 | USD 0.0727 |
| 2025-02-03 | 2025-02-06 | USD 0.0711 |
| 2024-12-31 | 2025-01-06 | USD 0.0723 |
| 2024-12-13 | 2024-12-18 | USD 0.0211 |
| 2024-12-02 | 2024-12-05 | USD 0.0738 |
| 2024-11-01 | 2024-11-06 | USD 0.0929 |
| 2024-10-01 | 2024-10-04 | USD 0.0754 |
| 2024-09-03 | 2024-09-06 | USD 0.0799 |
| 2024-08-01 | 2024-08-06 | USD 0.0900 |
| 2024-07-01 | 2024-07-05 | USD 0.0755 |
| 2024-06-03 | 2024-06-06 | USD 0.0898 |
| 2024-05-01 | 2024-05-07 | USD 0.0904 |
| 2024-04-01 | 2024-04-05 | USD 0.0799 |
| 2024-03-01 | 2024-03-07 | USD 0.0745 |
| 2024-02-01 | 2024-02-07 | USD 0.0825 |
| 2023-12-01 | 2023-12-07 | USD 0.0766 |
| 2023-11-01 | 2023-11-07 | USD 0.0840 |
| 2023-10-02 | 2023-10-06 | USD 0.0684 |
| 2023-09-01 | 2023-09-08 | USD 0.0777 |
| 2023-08-01 | 2023-08-07 | USD 0.0730 |
| 2023-07-03 | 2023-07-10 | USD 0.0707 |
| 2023-06-01 | 2023-06-07 | USD 0.0835 |
| 2023-05-01 | 2023-05-05 | USD 0.0683 |
| 2023-04-03 | 2023-04-10 | USD 0.0880 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
