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Performance analysis of FLMI (FRANKLIN DYNAMIC MUNICIPAL BOND ETF)

Annual Return

Over the past 3 years, FLMI has had an average annual return of +5.32%, underperforming the benchmark SPY, which returned +19.63% annual.

Over the past 5 years, FLMI has had an average annual return of +1.81%, underperforming the benchmark SPY, which returned +12.73% annual.

Since Sep 5, 2017, FLMI has had an average annual return of +2.95%, underperforming the benchmark SPY, which returned +15.16% annual.

2026202520242023202220212020201920182017
+1.88%+5.88%+4.90%+7.88%-10.23%+4.06%+6.10%+6.71%+0.29%-0.02%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+0.97%+1.66%-2.31%+1.13%+0.71%+0.73%-0.97%+1.88%
2025+0.31%+1.64%-1.32%-0.34%-0.07%+0.77%-0.71%+0.96%+2.90%+1.22%+0.28%+0.16%+5.88%
2024+0.24%+0.46%+1.05%-1.14%+0.58%+1.12%+1.25%+0.98%+1.25%-0.94%+1.84%-1.83%+4.90%
2023+3.34%-2.19%+1.83%+0.43%-0.24%+0.73%+0.43%-1.04%-2.47%-1.14%+4.98%+3.24%+7.88%
2022-2.91%-0.64%-3.55%-3.05%+0.56%-1.58%+2.90%-1.86%-4.13%-0.45%+4.14%+0.17%-10.23%
2021+1.22%-1.30%+0.58%+1.40%+0.67%+0.59%+1.03%-0.05%-1.08%-0.31%+1.04%+0.24%+4.06%
2020+1.76%+1.22%-4.98%-1.40%+2.85%+1.42%+1.77%-0.18%+0.18%+0.00912%+2.19%+1.35%+6.10%
2019+0.58%+0.64%+1.57%+0.36%+1.79%+0.28%+0.89%+1.50%-0.88%+0.21%-0.60%+0.21%+6.71%
2018+0.35%-1.76%+0.23%-0.19%-0.09%+0.18%-0.21%+1.27%-0.47%-0.76%-0.03%+1.82%+0.29%
2017-0.28%+0.06%-0.55%+0.76%-0.02%

Drawdown analysis of FLMI (FRANKLIN DYNAMIC MUNICIPAL BOND ETF)

The maximum drawdown for the FLMI was -14.66%, occurring on Oct 25, 2022. Recovery took 443 trading sessions.

The current FLMI drawdown is -1.08%.

Since Sep 5, 2017 FLMI has experienced the following drawdowns:

  • 10% or more: 2 times
DepthStartTo BottomBottomTo RecoverEndTotal
-14.66%Aug 4, 2021309Oct 25, 2022443Aug 1, 2024752
-13.63%Mar 9, 20209Mar 20, 2020168Nov 17, 2020177
-4.66%Mar 3, 202529Apr 11, 2025100Sep 5, 2025129
-2.90%Feb 27, 202617Mar 24, 202664Jun 25, 202681
-2.61%Nov 29, 202428Jan 13, 202529Feb 25, 202557
-2.57%Feb 12, 202112Mar 3, 202157May 24, 202169
-2.21%Jan 31, 201827Mar 12, 2018205Jan 3, 2019232
-1.95%Oct 1, 202426Nov 6, 202416Nov 29, 202442
-1.56%Sep 3, 201959Nov 25, 201940Jan 24, 202099
-1.08%Jul 2, 202612Jul 21, 2026OngoingOngoingOngoing
-0.90%Sep 5, 201757Nov 24, 201729Jan 8, 201886
-0.90%Jun 16, 20215Jun 23, 202110Jul 8, 202115
-0.73%Aug 5, 20243Aug 8, 20248Aug 20, 202411
-0.53%Sep 18, 20256Sep 26, 20253Oct 1, 20259
-0.52%Oct 28, 20256Nov 5, 20254Nov 11, 202510
-0.44%Aug 20, 20242Aug 22, 20247Sep 3, 20249
-0.35%Nov 11, 20253Nov 14, 20258Nov 26, 202511
-0.35%Nov 26, 20257Dec 8, 20258Dec 18, 202515
-0.32%Sep 24, 20241Sep 25, 20242Sep 27, 20243
-0.29%Jan 3, 20191Jan 4, 20197Jan 15, 20198
-0.29%Feb 26, 20251Feb 27, 20252Mar 3, 20253
-0.28%Jan 14, 20263Jan 20, 20265Jan 27, 20268
-0.28%Oct 1, 20252Oct 3, 20256Oct 13, 20258
-0.24%Feb 3, 20202Feb 5, 20209Feb 19, 202011
-0.23%Jun 4, 20198Jun 14, 20194Jun 20, 201912