Franklin Dynamic Municipal Bond ETFFLMI
FLMI
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
330% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 10
36% more capital invested
Capital invested by funds: $153M [Q2] → $208M (+$55.2M) [Q3]
15% more funds holding
Funds holding: 67 [Q2] → 77 (+10) [Q3]
4.27% more ownership
Funds ownership: 66.23% [Q2] → 70.5% (+4.27%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FLMI.
Financial journalist opinion
Neutral
Seeking Alpha
4 months ago
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.
Positive
ETF Trends
8 months ago
Franklin's Muni Bond ETF Leverages a Deep Research Bench
Municipal bonds are known for their tax advantages and low default rates¹. Right now they have a lot to offer investors.
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