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Morningstar

Franklin Municipal Green Bond ETF FLMB

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis FLMB

Will FLMB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FLMB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FLMB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FLMB’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Franklin Municipal Green Bond ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FLMB

More FLMB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

3.39 3.7 Mil
municipal

CALIFORNIA MUN FIN AUTH STUDENT HSG REV 4%

3.17 3.5 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

3.03 3.3 Mil
municipal

INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5%

2.97 3.2 Mil
municipal

ILLINOIS FIN AUTH LEASE REV 5.25%

2.93 3.2 Mil
municipal

CENTRAL VY WTR RECLAMATION FAC UTAH SWR REV 4%

2.72 3.0 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

2.39 2.6 Mil
municipal

PORT PORTLAND ORE ARPT REV 5.5%

2.22 2.4 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

1.91 2.1 Mil
municipal

MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%

1.90 2.1 Mil
municipal