Franklin Liberty Intermediate Municipal Opportunities ETF
FLMI NYSE Arca
Provides exposure to municipal securities across entire credit rating spectrum, including below investment grade
Hover to inspectDrag to measure a move← → to step through days
- Fund size
- 11.7M as of Feb 2020
- Expense ratio
- 0.30% per year
- Dividend yield
- 2.69% Monthly
- Volatility · 1Y
- 4.0% Below Average
- Beta
- 0.04 vs the market
- 52-week range
- 23.0425.10
How FLMI has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 30Total return vs price return
Price onlyOver 1 year, FLMI returned +1.7% with dividends reinvested — dividends added +2.3 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±4% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −8.2% on Sep 29, 2026 — 214 days after the previous high
More than 5% below a high 11% of the time.
Market sensitivity
BetaA beta of 0.04 means FLMI has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Downtrend- 12-day average23.87 +1.2%
- 26-day average23.75 +1.7%
- 50-day average23.84 +1.3%
- 200-day average24.21 −0.2%
The price is above 3 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.
Relative strength (RSI)
OverboughtRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Municipals · Intermediate — tracking the Not Applicable.
- Assets under management11.7MUSD
- Expense ratio0.30%per year
- Holdings98
- Risk score3.3Low
Launched August 2009. Fund data as of Feb 28, 2020.
What it pays you
Cash distributions over the last twelve months, and how they have grown.
About 27 USD a year for every 1,000 USD invested at today's price.
- Per share
- 0.65
- Frequency
- Monthly
- Last paid
- Oct 1, 2026
Last 12 months
0.65 USD / shareWhere FLMI shows up
Curated themes and indices that hold FLMI. Open one to see it in context, or test the whole theme in a portfolio.
About Franklin Liberty Intermediate Municipal Opportunities ETF
Provides exposure to municipal securities across entire credit rating spectrum, including below investment grade
- Featured in 2 curated themes
- 98 holdings
- Ticker
- FLMI
- Exchange
- NYSE Arca
- ISIN
- US35473P8683
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Municipals
- Industry
- Intermediate
- Benchmark
- Not Applicable
All key statistics
Details
Shareas of Oct 30, 2026
Dataas of Feb 28, 2020
Put FLMI to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.