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NYSEARCA:FLMI

Franklin Dynamic Municipal Bond ETF (FLMI) Price, Holdings, & News

Franklin Dynamic Municipal Bond ETF logo
$23.15 +0.02 (+0.09%)
Closing price 10/8/2026 04:10 PM Eastern
Extended Trading
$21.72 -1.43 (-6.18%)
As of 09:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

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Key Stats

Today's Range
$23.05
▼
$23.16
50-Day Range
$23.13
▼
$24.79
52-Week Range
$23.04
▼
$25.46
Volume
2.63 million shs
Average Volume
888,434 shs
Market Capitalization
$2.30 billion
Assets Under Management
$2.29 billion
Dividend Yield
4.28%
Net Expense Ratio
0.30%
Aggregate Rating
N/A

ETF Overview

The Franklin Dynamic Municipal Bond ETF (FLMI) is an exchange-traded fund that mostly invests in broad credit fixed income. 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 managed by Franklin Templeton.

Franklin Dynamic Municipal Bond ETF Expenses

TypeFLMIBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.30%0.30%0.31%0.50%0.53%
Other Expenses0.00%1.07%0.31%0.60%0.54%
Total Expense0.30%0.54%0.41%0.75%0.73%
Fee Waiver0.00%-0.79%-0.35%-0.78%-0.68%
Net Expense0.30%0.41%0.35%0.57%0.60%
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FLMI ETF News Headlines

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FLMI ETF - Frequently Asked Questions

Franklin Dynamic Municipal Bond ETF's stock was trading at $24.87 at the beginning of the year. Since then, FLMI shares have decreased by 6.9% and is now trading at $23.15.

Franklin Dynamic Municipal Bond ETF's top institutional shareholders include Midwest Financial Partners Investments Inc. (0.57%), MFA Wealth Advisors LLC (0.42%), First Heartland Consultants Inc. (0.02%) and MassMutual Private Wealth & Trust FSB (0.02%).

Shares of FLMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

Issuer
Franklin Templeton Investments
Fund Name
Franklin Dynamic Municipal Bond ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:FLMI
Inception Date
8/31/2017
Fund Manager
James Conn, Christopher Sperry, Daniel Workman
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
1440

Fund Statistics

Assets Under Management
$2.29 billion
Average Daily Volume
$1.97 million
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
Franklin Templeton Services, LLC
Advisor
Franklin Advisers, Inc.
Custodian
The Bank of New York Mellon Corporation
Distributor
Franklin Templeton Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Flow Traders

Options

Optionable
N/A
Short Interest
435,765 shs

Miscellaneous

Beta
0.28
Creation Unit
100,000
Creation Fee
$500.00
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Top 10 FLMI Holdings

  • BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%
    Holding Weight: 2.06%
  • TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5%
    Holding Weight: 1.92%
  • SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%
    Holding Weight: 1.66%
  • SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%
    Holding Weight: 1.62%
  • KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%
    Holding Weight: 1.53%
  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%
    Holding Weight: 1.51%
  • BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5%
    Holding Weight: 1.47%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%
    Holding Weight: 1.38%
  • KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%
    Holding Weight: 1.34%
  • TEXAS MUN GAS ACQUISTION & SUPPLY CORP VI GAS SUPPLY REV 5%
    Holding Weight: 1.31%

FLMI Geographic Exposure

FLMI Currency Exposure


This page (NYSEARCA:FLMI) was last updated on 10/9/2026 by MarketBeat.com Staff.
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