Franklin Dynamic Municipal Bond ETF
FLMINYSEARCAFranklin TempletonFixed Income
As of Oct 16, 2026 close
- Assets (AUM)
- $2.28B
- Expense ratio
- 0.30%
- Dividend yield
- 4.20%
- Holdings
- 1,429
- 52-week range
- $23.04$25.46
- Volume (live)
- -
- Avg. volume (3M)
- 2.04M
FLMI ETF: Franklin Dynamic Municipal Bond ETF - Price, Holdings & Analysis
Franklin Dynamic Municipal Bond ETF Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $23.57 - $23.65 |
|---|---|
| 52-Week High | $25.46 |
| 52-Week Low | $23.04 |
| Open | $23.61 |
| Volume (last close) | 2.55M |
| Average Volume (3M) | 2.04M |
| 1 Day Change | +0.94% |
|---|---|
| 1 Month Change | −1.30% |
| 6 Month Change | −5.62% |
| YTD Change | −5.14% |
| 1 Year Change | −5.29% |
| 5 Year Change | −11.41% |
| Annual Dividend | $0.99 |
|---|---|
| Dividend Yield | 4.20% |
| Last Dividend Ex-Date | Oct 1, 2026 |
| Dividend Growth YoY | −0.42% |
| Assets (AUM) | $2.28B |
|---|---|
| Expense Ratio | 0.30% |
| Total Holdings | 1,429 |
| Inception Date | Aug 30, 2017 |
| 50-Day MA | $24.04 |
|---|---|
| 200-Day MA | $24.75 |
| RSI | 39.80 |
| Stochastic %K | 68.63 |
| Stochastic %D | 51.37 |
Source: Exchange price data and fund disclosures. Data as of Oct 16, 2026. Data sources and methodology
FLMI at a Glance
Franklin Dynamic Municipal Bond ETF (FLMI) is a fixed income ETF from Franklin Templeton, launched in August 2017. It manages $2.28B in assets and charges a 0.30% expense ratio, about $30 a year per $10,000 invested.
As of its Oct 4, 2026 holdings, it holds 1,429 positions. The largest are KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% (KY.KYSPWR 5 06.01.2034, 2.83%), BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% (AL.BBEUTL 5 10.01.2035, 2.03%) and TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5% (TX.TXSUTL 5 04.01.2036, 1.90%). The top 10 holdings make up 16.9% of the fund.
It pays distributions yielding 4.20% at the Oct 16, 2026 close, $0.99 per share over the trailing 12 months. As of the Oct 16, 2026 close, the share price is down 5.3% over one year and down 11.4% over five years (price change, excluding distributions).
Frequently Asked Questions About Franklin Dynamic Municipal Bond ETF
What is the current price of FLMI?
The latest FLMI price is $23.62 (Oct 16, 2026 close). The 52-week range is $23.04–$25.46. The share price is down 5.3% over the past year (price change, excluding distributions).
What is the expense ratio for FLMI?
FLMI's annual expense ratio is 0.30%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Fixed Income ETFs in the ETF Screener.
Does FLMI pay dividends?
Yes, FLMI pays a 4.20% dividend yield (trailing 12 months, at the Oct 16, 2026 close). The most recent ex-dividend date was October 1, 2026. View full dividend history in the Dividends section.
What are the top holdings of FLMI?
As of Oct 4, 2026, FLMI's largest holdings are KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% (2.8%), BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% (2.0%), TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5% (1.9%) (combined weight: 6.8%). The fund holds 1429 total positions. View the complete portfolio breakdown in the Holdings section.
How does FLMI compare to similar ETFs?
Compare FLMI (0.30% expense ratio, $2.28B AUM) against similar Fixed Income ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.