Dimensional National Municipal Bond ETF

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

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell DFNM and other ETFs, options, and stocks.

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
1,147
Number of holdings1,147
Inception Date
Nov 15, 2021
Inception DateNov 15, 2021

What's in this fund

Sectors

As of June 1, 2026
Municipal Bonds91.44%
Cash and Equivalents8.56%

Top 10 Holdings (7.02% of total assets)

As of June 1, 2026
NameSymbol% Assets
BlackRock Liquidity MuniCash InstlMCSXX1.15%
HUDSON CNTY N J 4%0.85%
BROWARD CNTY FLA SCH DIST 4%0.79%
HOBOKEN N J 4%0.71%
SUFFOLK CNTY N Y 4%0.70%
MICHIGAN ST UNIV REVS 5%0.63%
MANCHESTER N H 4%0.63%
MARYLAND ST 5%0.53%
NEW MEXICO ST 5%0.52%
FAIRFAX CNTY VA 4%0.51%

DFNM Key Statistics

AUM
2.15B
AUM2.15B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.97
30-Day yield2.97
Average volume
170.02K
Average volume170.02K
High today
$48.35
High today$48.35
Low today
$48.31
Low today$48.31
Open price
$48.34
Open price$48.34
Volume
111.82K
Volume111.82K
52 Week high
$48.87
52 Week high$48.87
52 Week low
$47.15
52 Week low$47.15
Expense ratio
0.18
Expense ratio0.18

Stock Snapshot

The current Dimensional National Municipal Bond ETF(DFNM) stock price is $48.33, with a market capitalization of 2.17B.

On 2026-06-09, Dimensional National Municipal Bond ETF(DFNM) stock traded between a low of $48.31 and a high of $48.35. Shares are currently priced at $48.33, which is +0.1% above the low and -0.0% below the high.

Dimensional National Municipal Bond ETF(DFNM) shares are trading with a volume of 111.82K, against a daily average of 170.02K.

During the past year, Dimensional National Municipal Bond ETF(DFNM) stock moved between $47.15 at its lowest and $48.87 at its peak.

During the past year, Dimensional National Municipal Bond ETF(DFNM) stock moved between $47.15 at its lowest and $48.87 at its peak.

Average Annual Return

Similar Marketcap

This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company.

Popular Stocks

This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset

Newly Listed

This list is generated by showing companies that recently went public.

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.