Summary
Franklin Dynamic Municipal Bond ETF is an ETF - a fund traded on an exchange like a stock - run by Franklin Templeton. Positions inside: 1,428. The ten largest make up 18% of the fund.
- Yearly costs
- 0.30%
- Fund size
- $2.31B
- Positions
- 1,428
- Dividend yield
- 4.15%
- Running since
- 2017
What speaks for it
- Widely spread: the ten largest positions make up only 18% of the fund.
- A large fund with $2.31B under management.
- Easy to buy and sell: about $27.2M changes hands a day.
What to watch
- 99% of the fund is in one country (United States).
- Costs of 0.30% a year are above the middle of comparable funds (0.20%).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.6%
- 3 months
- -2.9%
- This year
- -3.8%
- 1 year
- -4.2%
- 3 years
- +5.5%
- 5 years
- -9.9%
What is inside?
Widely spread- 1 KY PUB ENERGY AUTH 5 6/34 2.9%
- 2 BLACK BELT ENERGY 5 10/35 2.1%
- 3 TX MUNI GAS ACQ V 5 4/36 2.0%
- 4 BLACK BELT-SER- FRN 11/56 1.9%
- 5 SE ENERGY AUTH-A 5 11/35 1.7%
- 6 S E ENERGY AUTH- FRN 1/56 1.6%
- 7 ENERGY SOUTHEA 5.25 11/37 1.6%
- 8 KENTUCKY PUB ENGY 5 12/33 1.5%
- 9 S E ENERGY AUTH- FRN 3/55 1.4%
- 10 TX MUNI GAS ACQ VI 5 1/36 1.3%
Positions in the fund: 1,428. The ten largest make up 18% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 99%
- Puerto Rico 0.5%
- Türkiye 0.04%
- Canada 0.03%
- Other countries 0.03%
Largest country: United States (99%).
What does it cost me?
Expensive- A year from $10,000
- $30.00
- Over 20 years
- $1,476
From every $10,000 invested the fund takes $30.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,476.
How has it done?
Losing value- A year on average, 5 years
- -2.1%
- Deepest drop
- -17%
- Yearly volatility
- 4.0%
Average yearly decline over the last five years: 2.1%. Deepest drop in these years: 17% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 4.15%
- Payments a year
- 12
- Last payment
- $0.09
Over the last 12 months it paid $0.99 per share, which is 4.15% of today's price. The last payment was $0.09 on Oct 1, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $27.2M
- Shares a day
- 1.1M
On an average day about $27.2M of the fund changes hands.