How have DFNM shares performed in 2023?

Dimensional National Municipal Bond ETF's stock was trading at $47.81 at the beginning of 2023. Since then, DFNM stock has increased by 0.5% and is now trading at $48.05. View the best growth stocks for 2023 here .

How often does Dimensional National Municipal Bond ETF pay dividends? What is the dividend yield for Dimensional National Municipal Bond ETF?

Dimensional National Municipal Bond ETF announced a dividend on Thursday, January 19th. Stockholders of record on Wednesday, July 19th will be paid a dividend of $0.0837 per share on Friday, July 21st. The ex-dividend date is Tuesday, July 18th. Read our dividend analysis for DFNM .

What does DFNM invest in?

Dimensional National Municipal Bond ETF is a fixed income fund issued by Dimensional Fund Advisors. DFNM focuses on investment grade investments. The fund's investments total to approximately $1.09 billion assets under management.

What is the management fee for Dimensional National Municipal Bond ETF?

Dimensional National Municipal Bond ETF's management fee is 0.16% and has other expenses of 0.03%. However, DFNM has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for DFNM is 0.18%.

Who are Dimensional National Municipal Bond ETF's major shareholders?

Dimensional National Municipal Bond ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Truepoint Inc. (10.00%), Beaird Harris Wealth Management LLC (5.99%), First Ascent Asset Management LLC (5.02%), Sequoia Financial Advisors LLC (4.35%), MBL Wealth LLC (3.50%) and Commonwealth Equity Services LLC (2.72%).

How do I buy shares of Dimensional National Municipal Bond ETF?

Shares of DFNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Dimensional National Municipal Bond ETF (DFNM) Price, Holdings, & News

$48.05

+0.16 (+0.33%)

(As of 12/5/2023 ET)

Compare

Today's Range: $48.00
▼
$48.05
50-Day Range: $46.18
▼
$48.05
52-Week Range: $46.10
▼
$48.72

Volume: 235,562 shs
Average Volume: 118,181 shs
Market Capitalization: $898.54 million

Assets Under Management: $1.09 billion
Dividend Yield: 1.31%
Net Expense Ratio: 0.18%

Stock Analysis Chart Dividend Holdings Ownership

About Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

The Dimensional National Municipal Bond ETF (DFNM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax. DFNM was launched on Dec 15, 2021 and is managed by Dimensional.

DFNM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DFNM ETF News Headlines

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Fund Details

Issuer: Dimensional Fund Advisors
Fund Name: Dimensional National Municipal Bond ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:DFNM
Inception Date: 11/15/2021
Fund Manager: David A. Plecha, Joseph F. Kolerich, Travis A. Meldau
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Fixed Income
Benchmark: N/A
Category: Municipals
Focus: Investment Grade
Development Level: Developed Markets
Region: North America
Number of Holdings: 929

Fund Statistics

Assets Under Management: $1.09 billion
Average Daily Volume: $0.00
Discount/Premium: 0.00%

Administrator, Advisor and Custodian

Administrator: Citi Fund Services Ohio, Inc.
Advisor: Dimensional Fund Advisors LP
Custodian: Citibank, N.A.
Distributor: DFA Securities LLC
Transfer Agent: Citibank, N.A.
Trustee: N/A
Lead Market Maker: Jane Street

Miscellaneous

Outstanding Shares: 18,700,000
Beta: 0.17
Creation Unit: 50,000
Creation Fee: $200.00

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Dimensional National Municipal Bond ETF Expenses

Type	DFNM	Investment Grade ETFs	Fixed Income ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.16%	0.21%	0.32%	0.50%	0.50%
Other Expenses	0.03%	0.12%	0.28%	0.64%	0.57%
Total Expense	0.19%	0.24%	0.40%	0.73%	0.69%
Fee Waiver	-0.01%	-0.15%	-0.25%	-0.69%	-0.58%
Net Expense	0.18%	0.21%	0.35%	0.57%	0.57%

Dimensional National Municipal Bond ETF (DFNM) Holdings & Exposure

Top 10 DFNM Holdings

BlackRock Liquidity MuniCash Instl
Holding Weight: 1.43%
FAIRFAX CNTY VA 4%
Holding Weight: 1.26%
ENERGY NORTHWEST WASH ELEC REV 5%
Holding Weight: 0.95%
MIAMI-DADE CNTY FLA 5%
Holding Weight: 0.78%
MASSACHUSETTS ST 5%
Holding Weight: 0.77%
MADISON WIS 5%
Holding Weight: 0.76%
HAWAII ST 4%
Holding Weight: 0.74%
GWINNETT CNTY GA SCH DIST 5%
Holding Weight: 0.61%
DISTRICT COLUMBIA 5%
Holding Weight: 0.60%
FORT WORTH TEX 5%
Holding Weight: 0.59%

DFNM Sector Exposure

DFNM Industry Exposure

Full Holdings Details

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Institutional Ownership

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DFNM ETF - Frequently Asked Questions

How have DFNM shares performed in 2023?: Dimensional National Municipal Bond ETF's stock was trading at $47.81 at the beginning of 2023. Since then, DFNM stock has increased by 0.5% and is now trading at $48.05.
View the best growth stocks for 2023 here.
How often does Dimensional National Municipal Bond ETF pay dividends? What is the dividend yield for Dimensional National Municipal Bond ETF?: Dimensional National Municipal Bond ETF announced a dividend on Thursday, January 19th. Stockholders of record on Wednesday, July 19th will be paid a dividend of $0.0837 per share on Friday, July 21st. The ex-dividend date is Tuesday, July 18th.
Read our dividend analysis for DFNM.
What does DFNM invest in?: Dimensional National Municipal Bond ETF is a fixed income fund issued by Dimensional Fund Advisors. DFNM focuses on investment grade investments. The fund's investments total to approximately $1.09 billion assets under management.
What is the management fee for Dimensional National Municipal Bond ETF?: Dimensional National Municipal Bond ETF's management fee is 0.16% and has other expenses of 0.03%. However, DFNM has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for DFNM is 0.18%.

Who are Dimensional National Municipal Bond ETF's major shareholders?: Dimensional National Municipal Bond ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Truepoint Inc. (10.00%), Beaird Harris Wealth Management LLC (5.99%), First Ascent Asset Management LLC (5.02%), Sequoia Financial Advisors LLC (4.35%), MBL Wealth LLC (3.50%) and Commonwealth Equity Services LLC (2.72%).
How do I buy shares of Dimensional National Municipal Bond ETF?: Shares of DFNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEARCA:DFNM) was last updated on 12/6/2023 by MarketBeat.com Staff

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