Franklin Dynamic Municipal Bond ETFFLMI

Franklin TempletonBonds & CashMunicipal#391 of 785 by YTD

$24.10

0.0% last session

+0.3% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026FLMIS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	0.0%	+3.8%	−1.2%	+0.3%	+0.8%	+20.6%	+9.5%	+27.5%
Peer average	0.0%	+2.9%	−0.9%	+0.3%	+0.6%	+14.6%	+2.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $2.4B
Expense ratio: 0.30%
Distribution yield: 4.1%
NAV: $24.09
Volume: 842K
Avg. volume 30D: 2.0M
High today: $24.15
Low today: $24.07
Previous close: $24.09
52-week high: $25.46
52-week low: $23.04
Our risk indicator: 2/5

FLMI in One Breath

FLMI Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.2%$59.3M

#2MYMGSPDR+1.9%$8.6M

#3SMMUPIMCO+1.9%$1.3B

#4MYMFSPDR+1.9%$8.7M

#5IBMOiShares+1.9%$499M

#6FTMSFranklin Templeton+1.9%$265M

#7MMSDNY Life Investments+1.8%$87.1M

#8MUNAFlexShares+1.8%$8.0M

#68FLMIFranklin Templeton+0.3%$2.4B

End-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD

$10,000 in FLMI

$10,000 in FLMI became

$10,955

In the S&P 500 (VOO)

$17,749

Total return, dividends in · Oct 26, 2021 – Nov 3, 2026 · S&P 500 uses VOO

FLMI’s Top Holdings

Today

KY PUB ENERGY Ky Pub Energy Auth 5 6/342.8%BLACK BELT E2.0%TX MUNI GAS 1.9%BLACK BELT-S1.9%SE ENERGY AU1.7%ENERGY SOUTH1.6%S E ENERGY A1.6%KENTUCKY PUB1.5%S E ENERGY A1.4%TX MUNI GAS 1.3%MET PIER & E1.2%KY PUB ENERG1.0%ENERGY SOUTH1.0%ROCHESTER-SE0.9%PA INDL AUTH0.8%EL PASO CO H0.7%CASH0.7%OH AIR QLTY 0.7%ROSWELL GA D0.6%CHICAGO-B-RE0.6%HOUSTON-B-AM0.6%PROJECTNEW Y0.6%

Franklin Templeton FLMI · 1,432 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What FLMI Holds

Today

All holdings100.0%

KY PUB ENE 2.8 · BLACK BELT 2.0 · TX MUNI GA 1.9 · BLACK BELT 1.9 · SE ENERGY 1.7 · ENERGY SOU 1.6 · S E ENERGY 1.6

Franklin Templeton FLMI · share of the fund · as of Nov 3, 2026

Ky’s Share of FLMI

Today

2.8%

$28 of every $1,000 in FLMI is Ky

Ky held by FLMI

$68.0M

Franklin Templeton FLMI · each square = $10 of $1,000 · as of Nov 3, 2026

FLMI’s Share of Municipal ETFs

Today

1.0%

of the $244B in 166 Municipal ETFs

FLMI$2.4B1.0%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$137B56.3%

Municipal ETF AUM · Nov 4, 2026

FLMI Fee per $100 vs Peers

Today

$0.30a year
per $100

$30 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CGMU$0.27

FLMI$0.30

Expense ratio · Municipal peers · Nov 4, 2026

Inside FLMI

1,432 holdings · as of Nov 3, 2026

FLMI

Franklin Dynamic Municipal Bond ETF

Today

All holdings100.0%KY PUB Ene2.8%Black Belt2.0%TX Muni GA1.9%Black Belt1.9%1,418 more holdings78.2% of the fund

All holdings100.0%1,426 more holdings88.1% of the fund

#	Ticker	Company	Weight ▼
1	—	KY PUB Energy Auth 5 6/34	2.83%
2	—	Black Belt Energy 5 10/35	1.96%
3	—	TX Muni GAS ACQ V 5 4/36	1.92%
4	—	Black Belt-ser- FRN 11/56	1.89%
5	—	SE Energy Auth-a 5 11/35	1.66%
6	—	Energy Southea 5.25 11/37	1.62%
7	—	S E Energy Auth- FRN 1/56	1.58%
8	—	Kentucky PUB Engy 5 12/33	1.51%
9	—	S E Energy Auth- FRN 3/55	1.40%
10	—	TX Muni GAS ACQ VI 5 1/36	1.30%

Franklin Templeton FLMI · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 25.9%

How It Compares

FLMI

Franklin Dynamic Municipal Bond ETF’s Peers

Today


MUB	iSharesRead Desk	0.05%	0.0%	+0.1%	$54.5B
VTEB	VanguardRead Desk	0.03%	0.0%	+0.1%	$49.6B
SUB	iSharesRead Desk	0.07%	+0.1%	+2.2%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	0.0%	+0.3%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+0.1%	+1.1%	$7.5B
FLMI	Franklin TempletonThis fundRead Desk	0.30%	0.0%	+0.8%	$2.4B

Municipal peers · Today’s and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put FLMI head to head with MUB →

MUB vs FLMI

YTD

MUBiShares · MunicipalFLMIFranklin Templeton · Municipal

Year to date

−0.4%

+0.3%

FLMI wins+0.6 pts

Past year

+0.1%

+0.8%

FLMI wins+0.7 pts

Fee

0.05%

0.30%

MUB winslower fee

Yield

3.3%

4.1%

FLMI wins+0.8 pts

AUM

$54.5B

$2.4B

MUB22.7× more

3–1FLMI wins

iShares MUB and Franklin Templeton FLMI · year-to-date · as of Nov 4, 2026 · AUM not scored

FLMI vs VOO

YTD

FLMI · Franklin Dynamic Municipal Bond

+0.3%

VOO · S&P 500

+11.5%

Gap

11.3 pts

Franklin Templeton FLMI and Vanguard VOO · Today total return · as of Nov 4, 2026

FLMI vs Its Peer Average

YTD

FLMIAvsBPeer average

1D0.0%0.0%

1M+3.8%+2.9%

3M−1.2%−0.9%

YTD+0.3%+0.3%

1Y+0.8%+0.6%

3Y+20.6%+14.6%

5Y+9.5%+2.5%

6–1FLMI wins

165 Municipal peers · each row scaled to its leader

The Details

FLMI

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.86%

Deepest drop · 1Y−7.2%

Lowest point · 5Y−12.9%

52-week range

$24.10

$23.04−5.3% from the high$25.46

Franklin Templeton FLMI · past-year price moves · as of Nov 4, 2026

FLMI

Fund Facts

Today

2017launched Aug 31

Tracks[…]

Exchange · CUSIPAMEX · 35473P868

StructureETF

Leverage1x

Cost on $10,000$30 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Franklin Templeton FLMI · fund facts · as of Nov 4, 2026

FLMI

Payouts by Year

$0.0880per share, Nov 2026

Distribution yield4.1%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 5, 2026

12 payouts added up$0.99 a share

Franklin Templeton FLMI · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$24.09

Premium / discount[…]

Median spread · 30D[…]

Volume today842K

Average volume · 30D2.0M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.30%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$30.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 5, 2026	$0.0880
Oct 1, 2026	Oct 6, 2026	$0.0906
Sep 1, 2026	Sep 4, 2026	$0.0796
Aug 3, 2026	Aug 6, 2026	$0.0942
Jul 1, 2026	Jul 7, 2026	$0.0866
Jun 1, 2026	Jun 4, 2026	$0.0825
May 1, 2026	May 6, 2026	$0.0889
Apr 1, 2026	Apr 6, 2026	$0.0880
Mar 2, 2026	Mar 5, 2026	$0.0748
Feb 2, 2026	Feb 5, 2026	$0.0762
Dec 19, 2025	Dec 24, 2025	$0.0677
Dec 1, 2025	Dec 4, 2025	$0.0727

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