Exploit Muni market inefficiencies with active management

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While municipal bonds have historically been known for investor benefits such as tax-free income and diversification, the municipal market has depreciated amid the heightened volatility of 2022 – making now an opportune time. to invest.

In the next webcast, Exploit Muni market inefficiencies with active managementJames Conn, Senior Vice President, Portfolio Manager, Franklin Templeton, will speak with Franklin Templeton, one of the industry’s largest active muni managers, about how they seek out the best opportunities and exploit inefficiencies in the complex market munis.

Franklin Templeton offers active management Franklin Liberty Intermediate Municipal Opportunities ETF (NYSEArca: FLMI) and the Franklin Liberty Municipal Green Bond ETF (NYSE Arca: FLMB) to help ETF investors better access municipal debt markets.

The Franklin Liberty Intermediate Municipal Opportunities ETF invests in municipal securities with a maturity of three to 10 years and may include debt of any rating, including non-investment grade securities and defaulted securities. The fund will not be focused on any single state and will not invest more than 15% of the assets of any single state.

The Franklin Liberty Municipal Green Bond ETF was recently renamed on May 3 – FLMB was previously known as the Franklin Liberty Municipal Bond ETF. The new strategic direction will hold at least 80% of its net assets in municipal green bonds. The ETF will provide exposure to municipal securities that intend to use bond proceeds for projects and programs that promote environmental sustainability.

Franklin Templeton has made the necessary changes to capitalize on the increased demand for sustainable investment funds, with US-listed ESG funds and ETFs expected to reach $41 trillion in assets by the end of 2022. Money held in sustainable mutual funds and ESG-focused ETFs grew globally by 53% last year to $2.7 trillion, with a net amount of $596 billion dollars invested in these investments. ESG-related assets account for one in three dollars managed worldwide.

Financial advisors interested in learning more about the munis market can sign up for the Wednesday, May 25 webcast here.


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