Franklin Municipal Green Bond ETF (FLMB)
ARCA ARCA Primary Summary
FLMB Chart
5 ETF Areas That Held Steady In Friday's Bloodbath
On Oct 10, 2025, Wall Street saw about $2 trillion in market value wiped out. However, ETFs like SIVR, TAIL, URA, PZA, and VNM held steady.
Franklin Municipal Green Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PIL PFG Investments LLC PFG Investments LLC | 33,821 | $805,245.78 | $765,707.44 | -$39,538.34 | -4.91% |
| AW Ariel Weisbard Values Added Financial LLC | 8,489 | $200,924 | $192,190.96 | -$8,733.04 | -4.35% |
| DMM Dianne Marie Morin SEEDS INVESTOR LLC | 165,782 | $3.92M | $3.9M | -$15,213.12 | -0.39% |
| RFL Rossby Financial LLC Rossby Financial LLC | 1,180 | $27,920.06 | $27,104.6 | -$815.46 | -2.92% |
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Franklin Municipal Green Bond ETF Profile
| ARCA Exchange | US Country |
Overview
The company specializes in municipal bond investments, focusing on securities that are exempt from federal income taxes, including the federal alternative minimum tax. The primary goal is to offer investors a portfolio that generates tax-free income, aligning with the strategy of investing at least 80% of its net assets in tax-exempt municipal securities. The firm’s commitment to seeking tax-efficiency underscores its value proposition to investors who are particularly concerned about tax implications on their investment returns. While the company strives to fully invest in tax-free securities, there is a provision that up to 20% of the fund's net assets may be allocated to securities that are not exempt from federal income taxes, thus introducing a degree of flexibility in the fund's investment approach.
Products and Services
- Tax-Free Municipal Securities
The company’s cornerstone offering involves the investment in municipal bonds that are designed to provide income free from federal taxes, including the federal alternative minimum tax. This product is particularly attractive to investors seeking to minimize their tax liabilities while receiving steady income from their investments. By focusing on tax efficiency, the fund aims to maximize the net return to investors who are in higher tax brackets or concerned about overall tax exposure.
- Alternative Minimum Tax (AMT) Considerate Investments
Recognizing that not all tax-free municipal securities are exempt from the alternative minimum tax, the fund actively seeks to manage its investment portfolio in a way that minimizes exposure to the AMT. For investors concerned about the AMT affecting their returns, the fund offers a strategic approach to minimize this risk, although it admits the possibility of up to 20% investment in AMT-subject securities.
- Flexible Investment in Taxable Securities
As part of its diversified investment strategy, the fund allows for up to 20% of its net assets to be invested in securities that produce income subject to federal and possibly state income taxes. This flexibility enhances the fund's ability to adapt to changing market environments and to take advantage of investment opportunities that may arise outside the realm of tax-free securities. While this approach introduces some level of tax liability, it is carefully managed to maintain the fund's primary focus on tax efficiency.
