S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
NYSEARCA:DFNM

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

$47.86
+0.10 (+0.21%)
(As of 04/12/2024 ET)
Today's Range
$47.78
$47.87
50-Day Range
$47.75
$48.35
52-Week Range
$46.10
$48.64
Volume
88,636 shs
Average Volume
94,505 shs
Market Capitalization
$894.98 million
Assets Under Management
$1.23 billion
Dividend Yield
1.32%
Net Expense Ratio
0.18%
DFNM stock logo

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

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
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
971

Fund Statistics

Assets Under Management
$1.23 billion
Average Daily Volume
$0.00
Discount/Premium
-0.01%

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

Beta
0.17
Creation Unit
50,000
Creation Fee
$200.00
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Dimensional National Municipal Bond ETF Expenses

TypeDFNMInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.16%0.21%0.32%0.50%0.51%
Other Expenses0.03%0.11%0.26%0.64%0.58%
Total Expense0.19%0.24%0.39%0.74%0.70%
Fee Waiver-0.01%-0.14%-0.24%-0.68%-0.57%
Net Expense0.18%0.21%0.35%0.58%0.58%

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


DFNM ETF - Frequently Asked Questions

How have DFNM shares performed in 2024?

Dimensional National Municipal Bond ETF's stock was trading at $48.51 on January 1st, 2024. Since then, DFNM stock has decreased by 1.3% and is now trading at $47.86.
View the best growth stocks for 2024 here
.

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 $1.23 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 retail and institutional investors. Top institutional shareholders include Foster Group Inc. (6.72%), Apella Capital LLC (1.46%), Confluence Investment Management LLC (1.23%), Collective Family Office LLC (1.01%), Maryland Capital Advisors Inc. (0.95%) and West Financial Advisors LLC (0.90%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:DFNM) was last updated on 4/13/2024 by MarketBeat.com Staff

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