FLMI

Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF
*Unless otherwise stated, data provided by FactSet.

FLMI Fund Description

FLMI is an actively managed fund that invests in municipal bonds of any credit quality. The portfolio manager seeks dollar-weighted average maturity of three to ten years.

FLMI Factset Analytics Insight

Targeting the intermediate-term municipal bond market, FLMI seeks a high level of current income that is free from federal taxes. The portfolio will hold securities of any credit quality, including junk bonds and defaulted securities. The expense ratio seems fair for the expertise required to run a portfolio like this, and considering that there is little competition in this specific space. Due to the nature of the underlying assets, the use of limit orders is suggested.

FLMI Charts And Performance

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PERFORMANCE [as of 09/29/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLMI 0.27% 1.95% 2.54% 2.36% 2.86% -- --
FLMI (NAV) 0.29% 1.95% 2.80% 2.62% 3.42% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index 0.16% 1.53% 4.34% 5.14% 5.06% 4.54% 4.61%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLMI Summary Data

Franklin
08/31/17
Open-Ended Fund
0.30%
$24.40M
$149.28K
0.46%
N/A

FLMI Portfolio Data

6.40
--
2.43%
N/A
188

FLMI Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index

FLMI Portfolio Management

0.30%
--
--
--

FLMI Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FLMI Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FLMI Factset Analytics Block Liquidity

As of 09/30/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FLMI. FLMI is rated a N/A out of 5.

FLMI Tradability

5,831
$149.28K
73
0
0.46%
$0.12
0.06%
0.95% / -2.74%
None
100.00%
50,000
0.00
0.02%
--
0
$25.68
N/A

FLMI Sector/Industry Breakdown


FLMI
Segment Benchmark
81.68%
--
17.04%
--
1.28%
--

FLMI Top 10 Holdings[View All]

2.81%
2.13%
1.30%
1.28%
1.28%
1.21%
1.20%
1.20%
1.20%
1.19%
14.8%

FLMI Top 5 Countries


FLMI
Segment Benchmark
100.00%
--

FLMI Top 5 Currencies


FLMI
Segment Benchmark
100.00%
--

FLMI Performance Statistics

0.95
0.85
--
--
--

FLMI Holdings Statistics

7.52 years
6.40
2.43%
6.40
Low
188
1.69%

FLMI Avg Life Maturity Distribution

3.40%
0.92%
1.41%
10.44%
21.70%
44.48%
17.64%
--
--

FLMI OAS Breakdown

35.47%
29.67%
20.30%
10.44%
3.48%
0.63%
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--
--
--
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