FLMBFranklin Municipal Green Bond ETF

Get income8y track recordRanked #697 of 1,622 in this goal

To maximize income exempt from federal income taxes to the extent consistent with prudent investing.

By Franklin Templeton Investments · Launched 2017

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$83M

#3,112 of 5,562 · mid-size

Dividend YieldGoal

3.64%

Track Record

8 years

#1,602 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,835+8.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Focus

ESG

What it actually holds

By weight

Concentration

Top 10 holdings = 32.4% of fund✓ well diversified

CALIFORNIA CMNTY CHOICE FING A

4.0%

CALIFORNIA ST MUNI FIN AUTH ST

3.8%

CALIFORNIA CMNTY CHOICE FING A

3.6%

SAN DIEGO CNTY CA REGL ARPT AU

3.6%

ILLINOIS FIN AUTH LEASE REVENU

3.4%

INTERMOUNTAIN PWR AGY UT PWR S

3.4%

CNTRL VLY WTR RECLAMATION FAC

3.1%

ATLANTA GA ARPT PASSENGER FAC

2.7%

PORT OF PORTLAND OR ARPT REVEN

2.5%

VERMONT ST EDUCTNL & HLTH BLDG

2.2%

Asset allocation

Bonds

97.8%

Cash

2.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.6%Low

Year-on-year price swings

Max drawdown

-18.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.16Below average

Sortino (3Y)

0.21Moderate downside risk

Bond profile

Duration

4.6 years

Avg maturity

10.1 years

Credit ratings

AAA

5.9%

41.1%

27.3%

BBB

14.4%

1.9%

Other

9.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: To maximize income exempt from federal income taxes to the extent consistent with prudent investing.
Strategy: Invests primarily in municipal securities, focusing on green bonds that promote environmental sustainability. The Fund aims for income exempt from federal taxes, with due diligence on bond authenticity and a long-term investment horizon, holding securities for income purposes.
Inception date: August 31, 2017
Fund family: Franklin Templeton Investments