ducovest

FLMB:NYE-Franklin Liberty Federal Tax-Free Bond ETF (USD)

ETF | Muni National Long |

Last Closing

USD 24.33

Change

-0.02 (-0.08)%

Market Cap

USD 0.11B

Volume

7.92K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 adviser 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 invested in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay interest subject to other federal or state income taxes.

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Muni National Long

Symbol Name Price(Change) Market Cap
RVNU Xtrackers Municipal Infrastruc..

-0.05 (-0.19%)

 USD 0.14B
PZA Invesco National AMT-Free Muni..

-0.02 (-0.08%)

 N/A
TFI SPDR® Nuveen Bloomberg Munici..

-0.01 (-0.02%)

 N/A

ETFs Containing FLMB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Long) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.85% 75% C 28% F
Dividend Return 2.18% 100% F 46% F
Total Return 3.03% 75% C 27% F
Trailing 12 Months  
Capital Gain 5.28% 50% F 33% F
Dividend Return 2.91% 75% C 44% F
Total Return 8.19% 50% F 31% F
Trailing 5 Years  
Capital Gain -6.71% 100% F 37% F
Dividend Return 9.46% 100% F 33% F
Total Return 2.75% 100% F 30% F
Average Annual (5 Year Horizon)  
Capital Gain -2.42% 50% F 25% F
Dividend Return -0.52% 50% F 22% F
Total Return 1.90% 75% C 42% F
Risk Return Profile  
Volatility (Standard Deviation) 6.55% 100% F 86% B+
Risk Adjusted Return -7.95% 50% F 20% F
Market Capitalization 0.11B 50% F 28% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.