Dimensional National Municipal Bond ETF

1D
1W
1M
3M
YTD
1Y
5Y
ALL

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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. 

Index-Tracked
Index-Tracked
Category
Muni National Short
CategoryMuni National Short
Number of holdings
1,047
Number of holdings1,047
Inception Date
Nov 15, 2021
Inception DateNov 15, 2021

What's in this fund

Sectors

As of June 25, 2025
Municipal Bonds95.71%
Cash and Equivalents4.29%

Top 10 Holdings (5.85% of total assets)

As of June 25, 2025
NameSymbol% Assets
MICHIGAN ST UNIV REVS 5%0.83%
FAIRFAX CNTY VA 4%0.70%
COLORADO ST ED LN PROG 5%0.58%
MASSACHUSETTS ST 5%0.58%
ENERGY NORTHWEST WASH ELEC REV 5%0.54%
MIAMI-DADE CNTY FLA SCH DIST 5%0.54%
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%0.53%
PAPILLION-LA VISTA NEB SCH DIST NO 27 SARPY CNTY 5%0.53%
MONTGOMERY CNTY MD 4%0.53%
UNIVERSITY TEX UNIV REVS 5%0.49%

DFNM Key Statistics

AUM
1.56B
AUM1.56B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.44
30-Day yield3.44
Average volume
132.01K
Average volume132.01K
High today
$47.44
High today$47.44
Low today
$47.33
Low today$47.33
Open price
$47.36
Open price$47.36
Volume
223.51K
Volume223.51K
52 Week high
$48.67
52 Week high$48.67
52 Week low
$46.24
52 Week low$46.24
Expense ratio
0.18
Expense ratio0.18

Average Annual Return

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.