Franklin Liberty Municipal Bond ETF (FLMB)
Description
The FLMB ETF contains 218 constituents. It is focused on holdings in the region.
Price $22.17 as of 2022-10-21Cost/Risk/Yield
| Dividend yield | 2.33% |
| Expense ratio | 0.3% |
| Average spread | 0.226% |
| 1Y roundtrip cost | 0.526% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -3.2% | -0.7% | -3.8% | -3.7% | 1.1% | -2.4% | 3.4% | -3.3% | -4.8% | -0.6% | -18.0% | ||
| 2021 | 0.7% | -2.9% | 0.9% | 1.1% | 0.4% | 0.4% | 1.0% | -0.4% | -1.0% | -0.4% | 1.0% | 0.2% | 0.9% |
| 2020 | 2.3% | 1.5% | -2.8% | -2.1% | 4.4% | 0.2% | 2.0% | -0.9% | -0.0% | -0.5% | 2.0% | 0.9% | 7.1% |
| 2019 | 0.8% | 0.9% | 1.8% | 0.6% | 1.8% | 0.3% | 1.1% | 2.0% | -1.1% | -0.1% | 0.1% | 0.4% | 8.6% |
| 2018 | -0.9% | -1.6% | 0.4% | 0.2% | -0.1% | 0.3% | 1.0% | -0.5% | -0.2% | -1.4% | 1.1% | 2.0% | 0.5% |
| 2017 | -0.3% | 0.3% | 0.5% | 0.5% | |||||||||
| -0.3% | -2.9% | -3.4% | -4.0% | 7.6% | -1.2% | 8.5% | -3.0% | -7.2% | -3.2% | 4.5% | 4.1% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.08 | 0.04 | 0.06 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.43 | ||||
| 2021 | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.45 | |
| 2020 | 0.06 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 | 0.04 | 0.05 | 0.04 | 0.03 | 0.02 | 0.49 | |
| 2019 | 0.06 | 0.05 | 0.05 | 0.05 | 0.07 | 0.04 | 0.06 | 0.04 | 0.04 | 0.06 | 0.05 | 0.05 | 0.62 |
| 2018 | 0.06 | 0.05 | 0.06 | 0.05 | 0.07 | 0.05 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 | 0.05 | 0.66 |
| 2017 | 0.05 | 0.05 | 0.10 | ||||||||||
| 0.23 | 0.26 | 0.25 | 0.19 | 0.27 | 0.22 | 0.26 | 0.17 | 0.24 | 0.26 | 0.19 | 0.22 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| U.S. Dollar | 8.29% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev VAR 01-FEB-2052 | 3.62% |
| Ohio St Univ Gen Rcpts 5.0% 01-DEC-2023 | 2.58% |
| MUNICIPAL BONDS | 2.08% |
| New Jersey St 4.0% 01-JUN-2032 | 1.92% |
| Public Fin Auth Wis Rev 4.0% 30-SEP-2051 | 1.91% |
| University Wis Hosps & Clinics Auth Rev 4.0% 01-APR-2046 | 1.80% |
| Massachusetts St Hsg Fin Agy Hsg Rev 2.6% 01-DEC-2041 | 1.58% |
| Phoenix Ariz Civic Impt Corp Arpt Rev 5.0% 01-JUL-2034 | 1.54% |
| Lower Ala Gas Dist Gas Proj Rev VAR 01-DEC-2050 | 1.54% |
| New York Liberty Dev Corp Liberty Rev 2.5% 15-NOV-2036 | 1.47% |
| Michigan Fin Auth Rev 5.0% 15-NOV-2027 | 1.40% |
| Wisconsin St 5.0% 01-MAY-2031 | 1.33% |
| Chicago Ill Wastewater Transmission Rev 0.0% 01-JAN-2027 | 1.16% |
| Cumberland Md 5.0% 01-JUN-2027 | 1.15% |
| Top 15 Weights | 33.37% |
Compare with similar ETFs
| FLMB | MMIN | MUB | MUNI | TFI | VTEB | |
|---|---|---|---|---|---|---|
| Product name | Franklin Liberty Municipal Bond ETF | IQ MacKay Shields Municipal Insured ETF | iShares National Muni Bond ETF | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund | SPDR Nuveen Barclays Municipal Bond ETF | Vanguard Tax-Exempt Bond ETF |
| Issuer | Franklin | IndexIQ | iShares | PIMCO | SPDR | Vanguard |
| Price | $22.17 | $22.97 | $102.43 | $50.18 | $44.1 | $48.03 |
| Expense Ratio | 0.3% |  0.31% |  0.07% | 0.35% | 0.23% | 0.06% |
| Average Spread | 0.226% | 0.087% | 0.010% | 0.060% | 0.023% | 0.021% |
| AUM | $100,833,000 | $403,848,000 | $21,146,800,000 | $610,844,000 | $3,482,980,000 | $12,447,800,000 |
| Shares | 4,548,159 | 17,581,532 | 206,451,724 | 12,173,060 | 78,979,154 | 259,167,736 |
| Average Daily Volume | 8,043 | 143,723 | 6,555,117 | 223,177 | 2,012,900 | 9,863,267 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2017-08-31 | 2017-10-18 | 2007-09-07 | 2009-11-30 | 2007-09-11 | 2015-08-21 |
| Index Tracked | No Underlying Index | No Underlying Index | N/A | No Underlying Index | Bloomberg Municipal Managed Money 1-25 Years Index | S&P National AMT-Free Municipal Bond |
| Category | National Munis | National Munis | National Munis | National Munis | National Munis | National Munis |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.516 | $0.607 | $2.097 | $0.973 | $0.821 | $0.939 |
| Annual Dividend Yield | 0.023% | 0.026% | 0.020% | 0.019% | 0.019% | 0.020% |
| Number of Holdings | 218 | 630 | 4881 | 282 | 3037 | 5958 |
| YTD Return | -16.89% | -14.92% | -10.59% | -9.44% | -13.62% | -11.27% |
| Beta | 0.12 | 0.19 | 0.19 | 0.12 | 0.21 | 0.16 |
| Upside Beta | 0.09 | 0.16 | 0.03 | 0.01 | 0.02 | 0.12 |
| Downside Beta | 0.05 | 0.06 | 0.00 | -0.02 | -0.01 | -0.01 |
| Volatility 1Y | 5.13% | 4.90% | 4.03% | 3.17% | 4.47% | 3.72% |
| Sharpe Ratio 3Y | -1.16 | -0.87 | -0.71 | -0.91 | -0.98 | -0.68 |
| Treynor Ratio 3Y | -0.04 | -0.02 | -0.02 | -0.03 | -0.02 | -0.02 |