Skip to content
Beacon
Screener

FLMI vs CATF

Franklin Dynamic Municipal Bond ETF vs American Century California Municipal Bond ETF

FLMI

Franklin Dynamic Municipal Bond ETF

Franklin Templeton Investments

Annual cost

0.30%

Fund size

$2.0B

CATF

American Century California Municipal Bond ETF

American Century Investments

Annual cost

0.27%

Fund size

$75M

Key differences

  • FLMI is significantly larger than CATF — larger funds tend to be more liquid and less likely to close.
  • FLMI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLMICATF
Annual cost (TER)0.30%0.27%
Fund size (AUM)$2.0B$75M
Since20172024
Dividend yield3.91%3.55%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+7.0%
CAGR 3Y+5.4%N/A
CAGR 5Y+2.0%N/A
Sharpe 3Y0.40N/A
Volatility 1Y3.11%3.14%
Max drawdown-14.86%-4.83%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FLMI and CATF