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Franklin Dynamic Municipal Bond ETF
FLMI performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 23, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -2.04% | -1.79% | -0.58% | +4.13% | +11.94% | +0.71% |
| Flows | +$71M | +$336M | +$967M | +$1.52B | +$2.18B | +$2.25B |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Long Only |
| Provider | Franklin Templeton |
| N° of holdings | 1331 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | August 31, 2017 |
| ESG | No |
More data and info about FLMI on Trackinsight
Exposure
Data as of June 30, 2026Diversification
Total weight of top 15 holdings out of 1,331
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +3.12% | +2.64% | +3.70% | +3.60% |
Max drawdown | -2.34% | -3.10% | -5.57% | -17.25% |
Max drawdown duration | 23d | 144d | 133d | 1505d |
Time to recover | N/A | N/A | 38d | 1052d |
What type of ETF is FLMI?
FLMI is a Active ETF that provides exposure to Fixed Income assets. It is managed by Franklin Templeton.
What does FLMI invest in?
This ETF provides exposure to US Mixed Ratings Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of FLMI?
The total expense ratio (TER) of FLMI is 0.3%, representing the annual fee charged by the fund manager.
When was FLMI launched?
FLMI was launched on August 31, 2017, marking its entry into the ETF market.
Who is the issuer of FLMI?
FLMI is issued by Franklin Templeton.
What is the AUM of FLMI?
As of July 23, 2026, FLMI manages $2.28 B, reflecting the total assets held in the fund.
How has FLMI performed recently?
As of July 23, 2026, FLMI delivered a return of -2.04% over the past month (1M performance), -1.79% over the past three months (3M), and -0.58% year-to-date (YTD).
What are the recent fund flows for FLMI?
As of July 23, 2026, FLMI has seen net flows of +$71M in the past month (1M flow) and +$967M year-to-date (YTD).
Does FLMI pay dividends?
As of July 23, 2026, FLMI has a trailing 12-month distribution yield of 1.6%.
How many holdings are in FLMI
As of June 30, 2026, FLMI holds 1331 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is FLMI?
As of June 30, 2026, FLMI holds 1331 securities, with 18.71% of its assets concentrated in its top 15 holdings.
What are the top holdings of FLMI?
As of June 30, 2026, FLMI holds a portfolio of 1331 underlyings, with its largest positions including US84136HAU77, US74440DGL29 and US74440DFQ25. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does FLMI invest in?
As of June 30, 2026, FLMI has its largest geographic exposures in USA.
What sectors or themes does FLMI focus on?
As of June 30, 2026, FLMI is primarily exposed to Municipal.
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