FLMBFranklin Municipal Green Bond ETF
Maximizes income exempt from federal income taxes while preserving shareholders' capital.
By Franklin Templeton Investments · Launched 2017
Annual Cost
0.30%
#1,431 of 6,040 · low cost
Fund Size
$71M
#3,404 of 6,040 · mid-size
Return (1Y)
+0.0%
Track Record
9 years
#1,586 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,002+0.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 34.5% of funddiversified
CALIFORNIA CMNTY CHOICE FING AUTH
4.3%
CALIFORNIA MUN FIN AUTH
4.0%
CALIFORNIA CMNTY CHOICE FING AUTH
3.9%
SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)
3.8%
INTERMOUNTAIN POWER AGENCY (UT)
3.6%
ILLINOIS FIN AUTH
3.6%
CENTRAL VALLEY WATER RECLAMATION FACILITY (UT)
3.3%
ATLANTA (GA), CITY OF
2.9%
PORT PORTLAND ORE
2.7%
VERMONT EDL & HEALTH BLDGS FING AGY
2.3%
Asset allocation
Bonds
99.8%
Cash
0.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.5%Low
Year-on-year price swings
Max drawdown
-17.9%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
-0.09Below average
Sortino (3Y)
-0.11Moderate downside risk
Bond profile
Duration
4.6 years
Avg maturity
9.8 years
Credit ratings
AAA
5.2%
AA
43.2%
A
27.8%
BBB
12.4%
BB
1.5%
B
0.4%
Other
9.5%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Maximizes income exempt from federal income taxes while preserving shareholders' capital.
- Strategy
- Invests primarily in municipal securities, focusing on green bonds that promote environmental sustainability. The Fund aims to provide income while managing risk through a diverse portfolio of tax-exempt municipal securities.
- Inception date
- August 31, 2017
- Fund family
- Franklin Templeton Investments
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Data updated on 2026-09-18