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Invest in Franklin Dynamic Municipal Bond ETF on Stash

The Fund seeks a high level of current income that is exempt from federal income taxes. The Fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes while seeking to maintain a dollar-weighted average portfolio maturity of three to 10 years.

To buy fractional shares of Franklin Dynamic Municipal Bond ETF stock, you'll need to sign up for Stash and open a personal portfolio.

Disclaimer: Any investment you’ve selected here, which may be available to Stash customers on the Stash platform, is intended to be used for informational purposes only, should not be relied upon as the sole basis for making any investment decision, and is not intended to be a recommendation or advice by Stash that is based on your investment time horizon and/or risk tolerance. This information should not be relied upon by the reader as research or investment advice regarding any issuer or security in particular. Investors who become Stash customers are offered investment advice and recommendations through various digital features such as Diversification Score Analysis based on what they tell us about their time horizon and risk tolerance. Investing Involves Risk.

Ticker: FLMI

Franklin Dynamic Municipal Bond ETF

$24.63

-0.65%

(1W)

$

The historical performance data for individual securities quoted on this website represents past performance reported as an average annual return for a given time horizon. Historical performance over the last 5 years, for example, is simply what the average return per year (compound annual growth rate) was for the investment over the past 5 years. Historical performance data are provided “as is” and solely for information purposes, is not advice or for trading purposes, does not reflect an investment strategy, may be subject to pricing delays, should not be used for tax reporting, may not reflect actual performance, and are gross of Stash fees. Market data provided by LSEG Data & Analytics in partnership with: LSEG FX in collaboration with: LSEG Risk Intelligence. Stash cannot and does not represent or guarantee that any of the information available via LSEG Data & Analytics is accurate, reliable, current, complete or appropriate for your needs. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any securities or products. In addition, users should make an independent assessment of the legal, regulatory, tax, credit and accounting implications and determine performance and yield are not a reliable indicator of current and future results.

FLMI Performance Breakdown

Share Price

$24.63

Today's change

0.1%

Year to date change (YTD)

-1.04%

Dividend yield

4.13

Last dividend paid

$0.09

Last dividend pay date

8/6/2026

About FLMI

The Fund seeks a high level of current income that is exempt from federal income taxes. The Fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes while seeking to maintain a dollar-weighted average portfolio maturity of three to 10 years.

View fund website

Top holdings of this ETF

Percentage of ETF

KY PUB ENERGY AUTH 5 5/36, 5.0, 05/01/2036

2.30%

MET PIER & EXPOSI 4 12/42, 4.0, 12/15/2042

1.69%

KENTUCKY PUB ENGY 5 12/33, 5.0, 12/01/2033

1.67%

BLACK BELT ENERGY 5 10/35, 5.0, 10/01/2035

1.56%

SE ENERGY AUTH-A 5 11/35, 5.0, 11/01/2035

1.54%

The historical performance data for individual securities quoted on this website represents past performance reported as an average annual return for a given time horizon. Historical performance over the last 5 years, for example, is simply what the average return per year (compound annual growth rate) was for the investment over the past 5 years. Historical performance data are provided “as is” and solely for information purposes, is not advice or for trading purposes, does not reflect an investment strategy, may be subject to pricing delays, should not be used for tax reporting, may not reflect actual performance, and are gross of Stash fees. Market data provided by LSEG Data & Analytics in partnership with: LSEG FX in collaboration with: LSEG Risk Intelligence. Stash cannot and does not represent or guarantee that any of the information available via LSEG Data & Analytics is accurate, reliable, current, complete or appropriate for your needs. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any securities or products. In addition, users should make an independent assessment of the legal, regulatory, tax, credit and accounting implications and determine performance and yield are not a reliable indicator of current and future results.

Invest in Franklin Dynamic Municipal Bond ETF on Stash

The Fund seeks a high level of current income that is exempt from federal income taxes. The Fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes while seeking to maintain a dollar-weighted average portfolio maturity of three to 10 years.

To buy fractional shares of Franklin Dynamic Municipal Bond ETF stock, you'll need to sign up for Stash and open a personal portfolio.

Disclaimer: Any investment you’ve selected here, which may be available to Stash customers on the Stash platform, is intended to be used for informational purposes only, should not be relied upon as the sole basis for making any investment decision, and is not intended to be a recommendation or advice by Stash that is based on your investment time horizon and/or risk tolerance. This information should not be relied upon by the reader as research or investment advice regarding any issuer or security in particular. Investors who become Stash customers are offered investment advice and recommendations through various digital features such as Diversification Score Analysis based on what they tell us about their time horizon and risk tolerance. Investing Involves Risk.

Certain companies are volatile

Certain companies can be volatile, meaning the stock price fluctuates significantly. Don’t put all your eggs into one basket and remember to keep the Stash Way in mind when you invest.

Franklin Dynamic Municipal Bond ETF stock news

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How to buy Franklin Dynamic Municipal Bond ETF stock on Stash

Stash allows you to purchase smaller, more affordable pieces of investments (called fractional shares) rather than the whole share, which can be significantly more expensive.

Franklin Dynamic Municipal Bond ETF’s share price is determined by its bid-ask spread, which is the difference between the price that buyers are willing to pay and the price that sellers are willing to accept. Franklin Dynamic Municipal Bond ETF’s price can fluctuate throughout the course of each trading day—when you buy Franklin Dynamic Municipal Bond ETF through Stash, we execute the market order during our next available trading window (we have two a day). At Stash, we don’t recommend trying to predict the market when buying investments. We believe it can be a better strategy to buy quality investments you believe in, then hang onto them.

Use our historic performance chart to see real-time Franklin Dynamic Municipal Bond ETF stock price and the Franklin Dynamic Municipal Bond ETF news feed to help further your research before investing in fractional shares with any dollar amount you choose.

Stash offers one subscription plan: The Stash Plan.

The Stash Plan can help you reach different goals and offers a unique combination of financial accounts and features. This plan includes access to a personal brokerage account—also known as your personal investment account. You can use your Stash personal portfolio to purchase any of the available investments on our platform, as well as access our suite of automatic saving and investing tools. Learn more about Stash pricing.

Once your market order of Franklin Dynamic Municipal Bond ETF stock is complete, you'll officially be a shareholder of Franklin Dynamic Municipal Bond ETF!