# FLMI (Franklin Dynamic Municipal Bond ETF)

Franklin · Bond ETFs · Municipal, national, long · data as of Oct 2, 2026

FLMI is actively managed and returned −1.8% over the past year.

## Key facts

- FLMI, total return, 1 year: −1.8%, as of Oct 2, 2026.
- FLMI, expense ratio: 0.30%, as of Oct 2, 2026.
- FLMI, holdings: 1336, as of Oct 2, 2026.
- FLMI, below its high: −6.1%, as of Oct 2, 2026.
- FLMI, net assets: $2.3bn (issuer page, as of Oct 2, 2026).

## FLMI over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −6.1% | +3.6% | −9.7 pts | −11.4 pts |
| 6 months | −4.0% | +17.9% | −21.9 pts | −32.4 pts |
| 1 year | −1.8% | +16.2% | −18.0 pts | −26.1 pts |
| 3 years | +16.1% | +89.3% | −73.2 pts | −98.7 pts |
| Since listing | +22.8% | +261.0% | −238.2 pts | −428.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, long | ETFIQ |
| Expense ratio | 0.30% | 485BPOS XBRL, Jul 27, 2026 |
| Price | $23.31 | ETFIQ |
| Listed since | Sep 5, 2017 | ETFIQ |
| Net assets | $2.3bn | issuer page, as of Oct 2, 2026 |
| Below its high | −6.1% | ETFIQ |
| Holdings | 1336 | ETFIQ |
| Top ten weight | 14.3% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |

## Questions

### How has FLMI performed?

Over the year to Oct 2, 2026, FLMI returned −1.8% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +16.1%.

### What does FLMI cost?

The prospectus expense ratio is 0.30% a year.

### How far is FLMI below its high?

6.1% below its high of Jul 2, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, FLMI, data as of Oct 2, 2026. https://etfiq.com/funds/flmi
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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