FLMI Distribution History & Yield

Franklin Dynamic Municipal Bond ETF · NYSEArca

ETF High Yield Muni Monthly payer Bond fund
$24.22
+0.04% today
as of Sep 9, 2026
TTM yield
4.06%
$0.983/share over the last 12 months
Forward yield
4.06%
$0.983/share indicated annual rate
Annual distribution
$0.983
per share, forward
Per payment
$0.0819
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Oct 1, 2026 Estimated
in 22 days
Next pay date
Oct 15, 2026
in 36 days
Last ex-distribution date
Sep 1, 2026
$0.08 per share
Expense ratio
0.30%
AUM 2.4B
Consistency
91/100
very stable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
8.9
since Oct 31, 2017
1y total return
+4.4%
price +0.3% + distributions 4.1%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 1, 2026 (in 22 days) Oct 15, 2026 $0.0819 $8.19 Estimated
Sat, Oct 31, 2026 (in 52 days) Nov 14, 2026 $0.0819 $8.19 Estimated
Mon, Nov 30, 2026 (in 82 days) Dec 14, 2026 $0.0819 $8.19 Estimated
Wed, Dec 30, 2026 (in 112 days) Jan 13, 2027 $0.0819 $8.19 Estimated
Fri, Jan 29, 2027 (in 142 days) Feb 12, 2027 $0.0819 $8.19 Estimated
Sun, Feb 28, 2027 (in 172 days) Mar 14, 2027 $0.0819 $8.19 Estimated
Tue, Mar 30, 2027 (in 202 days) Apr 13, 2027 $0.0819 $8.19 Estimated
Thu, Apr 29, 2027 (in 232 days) May 13, 2027 $0.0819 $8.19 Estimated
Sat, May 29, 2027 (in 262 days) Jun 12, 2027 $0.0819 $8.19 Estimated
Mon, Jun 28, 2027 (in 292 days) Jul 12, 2027 $0.0819 $8.19 Estimated
Wed, Jul 28, 2027 (in 322 days) Aug 11, 2027 $0.0819 $8.19 Estimated
Fri, Aug 27, 2027 (in 352 days) Sep 10, 2027 $0.0819 $8.19 Estimated

Estimated dates and amounts are projected from FLMI's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.983 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jul 3, 2023 to Sep 1, 2026; most recent $0.08$0.00$0.05$0.10Jul 3, 2023: $0.071Jul '23Aug 1, 2023: $0.073Sep 1, 2023: $0.078Oct 2, 2023: $0.068Nov 1, 2023: $0.084Dec 1, 2023: $0.077Dec '23Dec 15, 2023: $0.087Feb 1, 2024: $0.083Mar 1, 2024: $0.075Apr 1, 2024: $0.08May 1, 2024: $0.09May '24Jun 3, 2024: $0.09Jul 1, 2024: $0.076Aug 1, 2024: $0.09Sep 3, 2024: $0.08Oct 1, 2024: $0.075Oct '24Nov 1, 2024: $0.093Dec 2, 2024: $0.074Dec 13, 2024: $0.021Dec 31, 2024: $0.072Feb 3, 2025: $0.071Feb '25Mar 3, 2025: $0.073Apr 1, 2025: $0.088May 1, 2025: $0.093Jun 2, 2025: $0.084Jul 1, 2025: $0.08Jul '25Aug 1, 2025: $0.091Sep 2, 2025: $0.078Oct 1, 2025: $0.079Nov 3, 2025: $0.091Dec 1, 2025: $0.073Dec '25Dec 19, 2025: $0.068Feb 2, 2026: $0.076Mar 2, 2026: $0.075Apr 1, 2026: $0.088May 1, 2026: $0.089May '26Jun 1, 2026: $0.083Jul 1, 2026: $0.087Aug 3, 2026: $0.094Sep 1, 2026: $0.08

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.60$1.202017: $0.086$0.08620172018: $0.588$0.58820182019: $0.688$0.68820192020: $0.551$0.55120202021: $0.594$0.59420212022: $0.664$0.66420222023: $0.90$0.9020232024: $0.999$0.99920242025: $0.969$0.96920252026 (YTD): $0.672$0.6722026 YTD

How much FLMI do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,221$29,567$1,200
$500 / month6,104$147,833$6,000
$1,000 / month12,208$295,666$12,000

Based on the forward yield of 4.06%. $10,000 in FLMI would currently pay about $406 a year ($34 a month on average). Model reinvestment and growth →

FLMI distribution history

Ex-datePay dateAmountChange
Sep 1, 2026 $0.08 -14.9%
Aug 3, 2026 $0.094 +8.0%
Jul 1, 2026 $0.087 +4.8%
Jun 1, 2026 $0.083 -6.7%
May 1, 2026 $0.089 +1.1%
Apr 1, 2026 $0.088 +17.3%
Mar 2, 2026 $0.075 -1.3%
Feb 2, 2026 $0.076 +11.8%
Dec 19, 2025 $0.068 -6.8%
Dec 1, 2025 $0.073 -19.8%
Nov 3, 2025 $0.091 +15.2%
Oct 1, 2025 $0.079 +1.3%
Sep 2, 2025 $0.078 -14.3%
Aug 1, 2025 $0.091 +13.7%
Jul 1, 2025 $0.08 -4.8%
Jun 2, 2025 $0.084 -9.7%
May 1, 2025 $0.093 +5.7%
Apr 1, 2025 $0.088 +20.5%
Mar 3, 2025 $0.073 +2.8%
Feb 3, 2025 $0.071 -1.4%
Dec 31, 2024 $0.072 +242.9%
Dec 13, 2024 $0.021 -71.6%
Dec 2, 2024 $0.074 -20.4%
Nov 1, 2024 $0.093 +24.0%

Payout risk check

Distribution stabilityLow risk

FLMI's last 12 distributions were very stable (consistency score 91/100).

Its share price moved +0.3% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Franklin Dynamic Municipal Bond ETF

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.

Fund family: Franklin Templeton Investments. Category: High Yield Muni. First distribution on our records: Oct 31, 2017. 106 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

FLMI distribution FAQ

When is FLMI's next ex-distribution date?

FLMI's next ex-distribution date is Oct 1, 2026 (in 22 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.0819 per share, expected on Oct 15, 2026.

How often does FLMI pay distributions?

FLMI pays distributions every month, 12 times a year. The most recent payment was $0.08 per share with an ex-date of Sep 1, 2026.

What is FLMI's distribution yield?

FLMI's trailing 12-month distribution yield is 4.06%, based on $0.983 per share paid over the last year and a share price of $24.22. The forward yield, using the indicated annual rate of $0.983 per share, is 4.06%.

How much does FLMI pay per share?

FLMI pays about $0.0819 per share each month, which works out to roughly $0.983 per share a year. 100 shares would collect about $98.30 a year.

Has FLMI grown or cut its distribution?

There has been no cut to a regular payment in the last 5 years. As a fund, FLMI's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of FLMI do I need to earn $100 a month?

At the current forward yield of 4.06%, you would need about 1,221 shares of FLMI (roughly $29,567 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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