FLMB News and Press, Franklin Templeton ETF Trust Liberty Municipal Bond From 07/07/23

2023-07-07 19:30:00 ET Summary Look around, look almost anywhere, and the economic data is getting painful. You can start with the monthly ADP report. The ADP report stated that 497,000 new jobs were created in June. This was far past expectations, with the consensus view being ar...

2023-07-05 13:10:02 ET Franklin Liberty Federal Tax-Free Bond ETF ( NYSEARCA: FLMB ) - $0.0675 . 30-Day SEC Yield of 3.44% as of May 31. Payable Jul 10; for shareholders of record Jul 05; ex-div Jul 03. For further details see: Franklin Liberty Federal Tax-Fr...

2023-06-30 21:30:00 ET Summary Treasury yields continued to be extremely volatile during the second quarter as market participants digested economic data and tried to time the end of the Fed hiking cycle. The net result of interest rate movements during the quarter was higher yiel...

2023-06-30 09:45:00 ET Summary The municipal market has been able to post positive performance thus far in 2023 despite negative net mutual fund flows. Negative fund flows have been manageable as issuance has remained muted, and flows are expected to turn as funds from coupons and...

2023-06-27 00:42:00 ET Summary Banks are still facing pressure to up deposit rates, and clients have certainly been taking funds from banks with low interest rates on deposits to higher-yielding money market funds. It is perplexing to see a Fed that continued to support the housin...

2023-06-22 03:30:00 ET Summary Since 2017, AUM behind net zero benchmarks (both equity and fixed income) has increased from around $10.2bn to $100bn by April 2023 according to IIGCC. Given this continuing fundamental shift from active to passive in the background, quality climate ...

2023-06-13 01:00:00 ET Summary Munis posted negative total returns but outperformed comparable Treasuries in May. Bank portfolio liquidations have been less disruptive than initially feared. Better valuations and improving supply-and-demand dynamics should spur summer strength...

2023-06-07 03:57:51 ET Summary The outlook for the utility-scale solar market is improving due to increased clarity over customs clearance and IRA capture rules, a tariff moratorium through June 2024, and deflation in the supply chain. After months of uncertainty, solar panel impo...

2023-06-03 04:00:00 ET Summary Five months into 2023 and investors are still questioning the Federal Reserve’s position on how high they will bring interest rates to fight persistent inflation. The Fed meeting was the beginning of a volatile month as indices fell after the ...

2023-05-23 21:15:00 ET Summary California just released its mid-May budget update, which tells a story of further revenue slowing and an increased budget deficit. States report monthly cash flows—and combined with economic data—have expected the robust revenue growth...