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TAXF vs FLMI

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

TAXF

American Century Diversified Municipal Bond ETF

American Century Investments

Annual cost

0.27%

Fund size

$627M

FLMI

Franklin Dynamic Municipal Bond ETF

Franklin Templeton Investments

Annual cost

0.30%

Fund size

$2.0B

Key differences

  • FLMI is significantly larger than TAXF — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FLMI has delivered higher annualized returns.

Side-by-side comparison

TAXFFLMI
Annual cost (TER)0.27%0.30%
Fund size (AUM)$627M$2.0B
Since20182017
Dividend yield3.82%3.91%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.8%+7.9%
CAGR 3Y+4.2%+5.8%
CAGR 5Y+1.1%+2.1%
Sharpe 3Y0.150.50
Volatility 1Y3.13%3.14%
Max drawdown-13.94%-14.86%

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

Similar to TAXF and FLMI