FLMI — Franklin Dynamic Municipal Bond ETF
Data updated: 2026-06-12
FLMI — Franklin Dynamic Municipal Bond ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $1.86B AUM · 0.30% expense ratio · 5.6% 1-yr return. From SEC regulatory filings.
FLMI Fund Overview
FLMI — Franklin Dynamic Municipal Bond ETF is a US ETF managed by Franklin Templeton ETF Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Franklin Templeton ETF Trust
- Category: Long Municipal - National Bond
- Assets under management: $1.86B
- 1-year return: 5.6%
- Ticker: FLMI
- SEC CIK: 0001655589
- SEC series ID: S000057879
- Share class ID: C000187842
FLMI Holdings
Top 10 holdings of Franklin Dynamic Municipal Bond ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Kentucky, Inc. Ky Pub Energy Auth | 2.15% |
| Kentucky, Inc. Ky Pub Energy Auth | 1.73% |
| Southeast Energy Auth Coop Dist Ala | 1.71% |
| Metropolitan Pier & Exposition Auth Ill | 1.57% |
| Black Belt Energy Gas Dist Ala | 1.45% |
| California Cmnty Choice Fing Auth | 1.34% |
| Tennessee Energy Acquisition Corp. | 1.12% |
| Energy Southeast Ala Coop Dist | 1.10% |
| Winchester Va Economic Dev Auth | 1.06% |
| Southeast Energy Auth Coop Dist Ala | 1.04% |
FLMI Portfolio Allocation
Asset-class allocation of Franklin Dynamic Municipal Bond ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.3% |
FLMI Performance
Total returns for FLMI (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.2% |
| 1 year | 5.6% |
| 3 years (annualised) | 5.3% |
| 5 years (annualised) | 2.2% |
FLMI Risk Information
Risk metrics for FLMI, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
FLMI Costs and Fees
FLMI costs about $30 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.30%
- Gross expense ratio: 0.30%
- Portfolio turnover: 50%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FLMI Cashflows
Over the 12 months to 2026-03, Franklin Dynamic Municipal Bond ETF had net inflows of $1.24B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $95.35M |
| 2026-02 | $132.66M |
| 2026-01 | $301.15M |
| 2025-12 | $114.21M |
| 2025-11 | $133.19M |
| 2025-10 | $106.85M |
FLMI Debt Constituents
Largest debt holdings of Franklin Dynamic Municipal Bond ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Kentucky, Inc. Ky Pub Energy Auth | 2.15% |
| Kentucky, Inc. Ky Pub Energy Auth | 1.73% |
| Southeast Energy Auth Coop Dist Ala | 1.71% |
| Metropolitan Pier & Exposition Auth Ill | 1.57% |
| Black Belt Energy Gas Dist Ala | 1.45% |
| California Cmnty Choice Fing Auth | 1.34% |
| Tennessee Energy Acquisition Corp. | 1.12% |
| Energy Southeast Ala Coop Dist | 1.10% |
| Winchester Va Economic Dev Auth | 1.06% |
| Southeast Energy Auth Coop Dist Ala | 1.04% |
FLMI Prospectus and SEC Filings
Official Franklin Dynamic Municipal Bond ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.