Dimensional National Municipal Bond ETF

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About DFNM

DFNM is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax. 

Category
Muni National Interm
CategoryMuni National Interm
Number of holdings
1,192
Number of holdings1,192
Inception Date
Nov 15, 2021
Inception DateNov 15, 2021

What's in this fund

Sectors

As of July 23, 2026
Municipal Bonds95.42%
Cash & Equivalents4.58%

Top 10 Holdings (6.14% of total assets)

As of July 23, 2026
NameSymbol% Assets
HUDSON CNTY N J 4%0.80%
REVERE MASS 4%0.71%
SOMERVILLE MASS 4%0.67%
HOBOKEN N J 4%0.67%
SUFFOLK CNTY N Y 4%0.66%
MANCHESTER N H 4%0.58%
MICHIGAN ST UNIV REVS 5%0.59%
MARYLAND ST 5%0.49%
NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 5%0.48%
NEW MEXICO ST 5%0.49%

DFNM Key Statistics

AUM
2.22B
AUM2.22B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.97
30-Day yield2.97
Average volume
168.66K
Average volume168.66K
High today
$47.66
High today$47.66
Low today
$47.59
Low today$47.59
Open price
$47.62
Open price$47.62
Volume
218.64K
Volume218.64K
52 Week high
$48.87
52 Week high$48.87
52 Week low
$47.17
52 Week low$47.17
Expense ratio
0.18
Expense ratio0.18

Stock Snapshot

Dimensional National Municipal Bond ETF(DFNM) stock is priced at $47.62, giving the company a market capitalization of 2.22B.

As of 2026-07-25, Dimensional National Municipal Bond ETF(DFNM) stock has fluctuated between $47.59 and $47.66. The current price stands at $47.62, placing the stock +0.1% above today's low and -0.1% off the high.

The Dimensional National Municipal Bond ETF(DFNM)'s current trading volume is 218.64K, compared to an average daily volume of 168.66K.

In the last year, Dimensional National Municipal Bond ETF(DFNM) shares hit a 52-week high of $48.87 and a 52-week low of $47.17.

In the last year, Dimensional National Municipal Bond ETF(DFNM) shares hit a 52-week high of $48.87 and a 52-week low of $47.17.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.