FLMI ETF Analysis: Dynamic Municipal Bond | NYSE
High Yield Muni | NYSE, USA | Market Cap: 2.341m USD | 12M Return: -1.4% | US35473P8683 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.4M
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Franklin Dynamic Municipal Bond ETF (FLMI) invests primarily in U.S. municipal securities, allocating at least 80% of its net assets to bonds whose interest is exempt from federal income tax, including the federal alternative minimum tax. The fund may invest up to 20% of its assets in securities subject to the AMT or other federal or state income taxes, though this is not its primary strategy. As an actively managed ETF in the High Yield Muni category, it targets tax-exempt income through debt issued by state and local government entities, offering investors a vehicle designed to generate federally tax-free interest income.
- Fed rate cuts pressure muni bond prices
- High-yield muni credit spreads widen on recession fears
- Tax policy changes threaten municipal bond exemption status
As of September 27, 2026, the stock is trading at USD 23.43 with a total of 1,522,891 shares traded. Over the past week, the price has changed by -1.80%, over one month by -4.56%, over three months by -5.74% and over the past year by -1.44%.
Current recommended Stop Loss: 23.20 (which is 1% or 1.9 ATR below the current price).
Dynamic Municipal Bond has no consensus analysts rating.