Franklin Municipal Green Bond ETF
FLMB

$24.32

0.04%

Market Cap: $111M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

25% more funds holding

Funds holding: 16 [Q1] → 20 (+4) [Q2]

0.46% less ownership

Funds ownership: 90.27% [Q1] → 89.81% (-0.46%) [Q2]

8% less capital invested

Capital invested by funds: $101M [Q1] → $93.3M (-$8.16M) [Q2]

63% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 8

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Research analyst outlook

We haven’t received any recent analyst ratings for FLMB.

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Financial journalist opinion

Municipal Fixed Income: Shelter From The Storm?

Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer issuance is likely the result of deals getting pulled forward, as issuers may be cautious about coming to market later in the fall ahead of what is likely to be an uncertain U.S. political climate. While municipal credit quality has already peaked, it is entering this period of moderating economic growth from a position of strength.

Municipal Fixed Income: Shelter From The Storm?

Disruptive Theme of the Week: Carbon Capture Utilization and Storage

Ultimately, climate change solutions will need cooperation from all parties, especially in hard-to-abate industries. This includes categories such as natural gas, steel, cement, and chemicals.

Disruptive Theme of the Week: Carbon Capture Utilization and Storage

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