FLMI
+0.44 · +1.78%
$25.02 · NYSE ARCA

Franklin Liberty Intermediate Municipal Opportunities ETF (FLMI) ETF Analysis | High Yield Muni

Franklin Templeton Investments · USA
AUM:$1.8B
#– of – in High Yield Muni ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 6.8% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.30% — competitive for the exposure provided.

What is FLMI?

Under normal market conditions, the fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's net assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay interest subject to other federal or state income taxes.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Positive 1-Year Return
FLMI returned 6.8% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Expense Ratio
Expense ratio of 0.30% — reasonable for the index exposure provided.
Broadly Diversified
Top 10 holdings represent just 17.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$1.8B
Expense Ratio0.30%
Dividend Yield3.85%
Holdings10
Inception DateAug 2017
Domicile–
Distribution–
Index–
ProviderFranklin Templeton Investments
Beta0.87
CategoryHigh Yield Muni
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-2.9%
1Y
+4.2%
3Y
+15.7%
5Y
+7.1%
OpenBook InsightIf you had invested £10,000 in FLMI 5 years ago, it would have grown to £10,706 — a gain of £706.

Annual Returns

Calendar year performance

FLMI delivered positive returns in 3 of the last 5 calendar years.
YearFLMI
2026 YTD-0.5%
2025+5.7%
2024+5.2%
2023+7.4%
2022-10.1%
CAGR 4yr+1.8%
3/5 positive yearsAvg return: +1.5%Worst year: -10.1% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
3.8%
Low
Momentum
-1.5%
30-day change
Support Level
24.54
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.