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 Interm
CategoryMuni National Interm
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 July 16, 2025
Municipal Bonds97.56%
Cash and Equivalents2.44%

Top 10 Holdings (6.45% of total assets)

As of July 15, 2025
NameSymbol% Assets
BROWARD CNTY FLA SCH DIST 4%1.01%
MICHIGAN ST UNIV REVS 5%0.81%
FAIRFAX CNTY VA 4%0.69%
MIAMI-DADE CNTY FLA 5%0.67%
PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 2.45%0.62%
MASSACHUSETTS ST 5%0.56%
ENERGY NORTHWEST WASH ELEC REV 5%0.53%
MIAMI-DADE CNTY FLA SCH DIST 5%0.52%
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%0.52%
PAPILLION-LA VISTA NEB SCH DIST NO 27 SARPY CNTY 5%0.52%

DFNM Key Statistics

AUM
1.58B
AUM1.58B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.44
30-Day yield3.44
Average volume
151.92K
Average volume151.92K
High today
$47.28
High today$47.28
Low today
$47.26
Low today$47.26
Open price
$47.28
Open price$47.28
Volume
86.94K
Volume86.94K
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.