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.

Index-Tracked

What's in this fund

Sectors

As of October 9, 2025

Municipal Bonds97.35%

Cash and Equivalents2.65%

Top 10 Holdings (6.13% of total assets)

As of October 9, 2025

NameSymbol% Assets

BROWARD CNTY FLA SCH DIST 4%—0.94%

MICHIGAN ST UNIV REVS 5%—0.77%

FAIRFAX CNTY VA 4%—0.65%

MIAMI-DADE CNTY FLA 5%—0.62%

WISCONSIN ST 5%—0.61%

MASSACHUSETTS ST 5%—0.53%

MONTGOMERY CNTY MD 4%—0.51%

CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 2.1%—0.51%

MIAMI-DADE CNTY FLA SCH DIST 5%—0.50%

PAPILLION-LA VISTA NEB SCH DIST NO 27 SARPY CNTY 5%—0.49%

DFNM Key Statistics

AUM

1.71B

AUM1.71B

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

2.99

30-Day yield2.99

Average volume

172.80K

Average volume172.80K

High today

$48.15

High today$48.15

Low today

$48.13

Low today$48.13

Open price

$48.14

Open price$48.14

Volume

151.76K

Volume151.76K

52 Week high

$48.49

52 Week high$48.49

52 Week low

$46.24

52 Week low$46.24

Expense ratio

0.18

Expense ratio0.18

View Prospectus and Reports