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NYSEARCA:DFNM

Dimensional National Municipal Bond ETF (DFNM) Price, Holdings, & News

Dimensional National Municipal Bond ETF logo
$47.77 +0.12 (+0.25%)
As of 01/17/2025 04:10 PM Eastern

About Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Key Stats

Today's Range
$47.75
$47.79
50-Day Range
$47.59
$48.44
52-Week Range
$47.40
$48.67
Volume
115,197 shs
Average Volume
150,672 shs
Market Capitalization
$1.24 billion
Assets Under Management
$1.43 billion
Dividend Yield
1.32%
Net Expense Ratio
0.18%
Aggregate Rating
N/A

ETF Overview

The Dimensional National Municipal Bond ETF (DFNM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax. DFNM was launched on Dec 15, 2021 and is managed by Dimensional.

Dimensional National Municipal Bond ETF Expenses

TypeDFNMInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.16%0.22%0.33%0.51%0.52%
Other Expenses0.03%0.12%0.26%0.57%0.54%
Total Expense0.19%0.25%0.40%0.73%0.71%
Fee Waiver-0.01%-0.14%-0.25%-0.66%-0.56%
Net Expense0.18%0.23%0.36%0.58%0.59%
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DFNM ETF News Headlines

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DFNM ETF - Frequently Asked Questions

Dimensional National Municipal Bond ETF's stock was trading at $47.77 on January 1st, 2025. Since then, DFNM shares have increased by 0.0% and is now trading at $47.77.
View the best growth stocks for 2025 here
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Top institutional investors of Dimensional National Municipal Bond ETF include Apella Capital LLC (2.13%), Strathmore Capital Advisors Inc. (1.41%), Graves Light Lenhart Wealth Inc. (0.90%) and Confluence Investment Management LLC (0.68%).

Shares of DFNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

Issuer
Dimensional Fund Advisors
Fund Name
Dimensional National Municipal Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:DFNM
Inception Date
11/15/2021
Fund Manager
David A. Plecha, Joseph F. Kolerich, Travis A. Meldau
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
991

Fund Statistics

Assets Under Management
$1.43 billion
Average Daily Volume
$0.00
Discount/Premium
0.08%

Administrator, Advisor and Custodian

Administrator
Citi Fund Services Ohio, Inc.
Advisor
Dimensional Fund Advisors LP
Custodian
Citibank, N.A.
Distributor
DFA Securities LLC
Transfer Agent
Citibank, N.A.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
70,000 shs

Miscellaneous

Beta
0.04
Creation Unit
50,000
Creation Fee
$200.00
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Top 10 DFNM Holdings

  • BlackRock Liquidity MuniCash Instl
    Holding Weight: 1.46%
  • BROWARD CNTY FLA SCH DIST 4%
    Holding Weight: 1.04%
  • MICHIGAN ST UNIV REVS 5%
    Holding Weight: 0.94%
  • FAIRFAX CNTY VA 4%
    Holding Weight: 0.76%
  • MASSACHUSETTS ST 5%
    Holding Weight: 0.65%
  • COLORADO ST ED LN PROG 5%
    Holding Weight: 0.64%
  • MIAMI-DADE CNTY FLA SCH DIST 5%
    Holding Weight: 0.60%
  • MONTGOMERY CNTY MD 4%
    Holding Weight: 0.60%
  • ENERGY NORTHWEST WASH ELEC REV 5%
    Holding Weight: 0.58%
  • MONTGOMERY CNTY MD 4%
    Holding Weight: 0.55%

DFNM Sector Exposure

DFNM Industry Exposure


This page (NYSEARCA:DFNM) was last updated on 1/20/2025 by MarketBeat.com Staff
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