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Franklin Liberty Federal Tax-Free Bond ETF

Franklin Liberty Federal Tax-Free Bond ETF

FLMB

NYSE ARCA
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Franklin Liberty Federal Tax-Free Bond ETF

FLMB

NYSE ARCA
$22.640.12% (+0.02)
$
₹
$22.640.12% (+0.02)
High
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Low
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Returns
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1D
1W
1M
3M
6M
1Y
5Y
Max

US ETF

Muni National Long

Government & Municipal Bond

Invests in muni national long segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.31%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$52.88M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

1.2
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

6.85%
YTM
YTM

Total rate of return expected to be earned by the underlying debt when it makes all interest payments and repays the original principal

4.89%
YTM Category
YTM Category

Total rate of return expected to be earned by the underlying debt of the same category when it makes all interest payments and repays the original principal

4.66

ETF Profile

ETF Profile

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 adviser 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 invested in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay interest subject to other federal or state income taxes.
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 adviser 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 invested in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay interest subject to other federal or state income taxes.

Peers

Compare with peers Compare with peers 

Peers

Compare with peers Compare with peers 
Invesco National AMT-Free Municipal Bond ETF
PZA
Invesco National AMT-Free Municipal Bond ETF
Exp. Ratio
0.27%
0.27%
YTM
4.69%
4.69%
1Y Return
6.59%
6.59%
SPDR® Nuveen Bloomberg Municipal Bond ETF
TFI
SPDR® Nuveen Bloomberg Municipal Bond ETF
Exp. Ratio
0.21%
0.21%
YTM
4.14%
4.14%
1Y Return
4.29%
4.29%
VCRM
VCRM
V
Exp. Ratio
12.08%
12.08%
YTM
5.33%
5.33%
1Y Return
3.18%
3.18%
iShares Long-Term National Muni Bd ETF
LMUB
I
Exp. Ratio
8.75%
8.75%
YTM
5.28%
5.28%
1Y Return
5.42%
5.42%
Invesco Taxable Municipal Bond ETF
BAB
Invesco Taxable Municipal Bond ETF
Exp. Ratio
0.26%
0.26%
YTM
5.31%
5.31%
1Y Return
6.06%
6.06%
Compare with Peers

Peers

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFMuni National LongScreenerCompare ETFs on Screener
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
Franklin Liberty Federal Tax-Free Bond ETF $52.88M0.31%-5.15%
Invesco National AMT-Free Municipal Bond ETF$4.12B0.27%-6.59%
SPDR® Nuveen Bloomberg Municipal Bond ETF$3.01B0.21%-4.29%
ScreenerCompare ETFs on Screener

Price Comparison

Price Comparison

Compare FLMB with any stock or ETF
Compare FLMB with any stock or ETF
Comparing from
FLMB
PZA
TFI
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Top Holdings

Top Holdings

  • Name
    Holdings
  • INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5%
    Holdings3.29 %
    INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5%

    Holdings

    3.29 %

  • CALIFORNIA MUN FIN AUTH STUDENT HSG REV 4%
    Holdings3.20 %
    CALIFORNIA MUN FIN AUTH STUDENT HSG REV 4%

    Holdings

    3.20 %

  • CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 2.59%
    Holdings3.02 %
    CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 2.59%

    Holdings

    3.02 %

  • OHIO ST UNIV GEN RCPTS 5%
    Holdings3.02 %
    OHIO ST UNIV GEN RCPTS 5%

    Holdings

    3.02 %

  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%
    Holdings2.85 %
    CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

    Holdings

    2.85 %

  • LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX REV 4%
    Holdings2.50 %
    LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX REV 4%

    Holdings

    2.50 %

  • UNIVERSITY WIS HOSPS & CLINICS AUTH REV 4%
    Holdings2.46 %
    UNIVERSITY WIS HOSPS & CLINICS AUTH REV 4%

    Holdings

    2.46 %

  • SAN DIEGO CALIF ASSN GOVTS CAP GRNT RCPTS REV 5%
    Holdings2.13 %
    SAN DIEGO CALIF ASSN GOVTS CAP GRNT RCPTS REV 5%

    Holdings

    2.13 %

  • LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS REV 4%
    Holdings1.92 %
    LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS REV 4%

    Holdings

    1.92 %

  • MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%
    Holdings2.05 %
    MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%

    Holdings

    2.05 %

Frequently asked questions

  1. Franklin Liberty Federal Tax-Free Bond ETF (FLMB) is currently trading at $22.64. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy Franklin Liberty Federal Tax-Free Bond ETF (FLMB) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in Franklin Liberty Federal Tax-Free Bond ETF (FLMB) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of Franklin Liberty Federal Tax-Free Bond ETF (FLMB) is 0.31%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. Franklin Liberty Federal Tax-Free Bond ETF (FLMB)’s top holdings currently include INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5%, CALIFORNIA MUN FIN AUTH STUDENT HSG REV 4%, and CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 2.59%. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of Franklin Liberty Federal Tax-Free Bond ETF (FLMB) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from Franklin Liberty Federal Tax-Free Bond ETF (FLMB) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like Franklin Liberty Federal Tax-Free Bond ETF (FLMB), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. Franklin Liberty Federal Tax-Free Bond ETF (FLMB)’s current assets under management (AUM) are $52.88M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. You can compare Franklin Liberty Federal Tax-Free Bond ETF (FLMB) with Invesco National AMT-Free Municipal Bond ETF (PZA), SPDR® Nuveen Bloomberg Municipal Bond ETF (TFI), and VCRM (VCRM) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  11. Franklin Liberty Federal Tax-Free Bond ETF (FLMB)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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