Dimensional National Municipal Bond ETF
DFNMNYSEARCADimensionalFixed Income
As of Oct 16, 2026 close
- Assets (AUM)
- $2.21B
- Expense ratio
- 0.17%
- Dividend yield
- 3.04%
- Holdings
- 1,208
- 52-week range
- $45.70$48.87
- Volume (live)
- -
- Avg. volume (3M)
- 695.00K
DFNM ETF: Dimensional National Municipal Bond ETF - Price, Holdings & Analysis
Dimensional National Municipal Bond ETF Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $46.65 - $46.76 |
|---|---|
| 52-Week High | $48.87 |
| 52-Week Low | $45.70 |
| Open | $46.71 |
| Volume (last close) | 358.13K |
| Average Volume (3M) | 695.00K |
| 1 Day Change | +0.56% |
|---|---|
| 1 Month Change | −0.21% |
| 6 Month Change | −3.49% |
| YTD Change | −3.03% |
| 1 Year Change | −3.25% |
| Annual Dividend | $1.42 |
|---|---|
| Dividend Yield | 3.04% |
| Last Dividend Ex-Date | Sep 22, 2026 |
| Dividend Growth YoY | +0.03% |
| Years Dividend Growth | 4 |
| Assets (AUM) | $2.21B |
|---|---|
| Expense Ratio | 0.17% |
| Total Holdings | 1,208 |
| Inception Date | Dec 14, 2021 |
| 50-Day MA | $46.99 |
|---|---|
| 200-Day MA | $47.96 |
| RSI | 48.28 |
| Stochastic %K | 92.59 |
| Stochastic %D | 78.98 |
Source: Exchange price data and fund disclosures. Data as of Oct 16, 2026. Data sources and methodology
DFNM at a Glance
Dimensional National Municipal Bond ETF (DFNM) is a fixed income ETF from Dimensional, launched in December 2021. It manages $2.21B in assets and charges a 0.17% expense ratio, about $17 a year per $10,000 invested.
As of its Oct 4, 2026 holdings, it holds 1,208 positions. The largest are NMFQS:MCSXX (NMFQS:MCSXX, 1.55%), HUDSON CNTY N J 4% (NJ.HUD 4 02.24.2027, 0.82%) and REVERE MASS 4% (MA.REV 4 07.29.2027, 0.73%). The top 10 holdings make up 7.3% of the fund.
It pays distributions yielding 3.04% at the Oct 16, 2026 close, $1.42 per share over the trailing 12 months. As of the Oct 16, 2026 close, the share price is down 3.3% over one year (price change, excluding distributions).
Frequently Asked Questions About Dimensional National Municipal Bond ETF
What is the current price of DFNM?
The latest DFNM price is $46.71 (Oct 16, 2026 close). The 52-week range is $45.70–$48.87. The share price is down 3.3% over the past year (price change, excluding distributions).
What is the expense ratio for DFNM?
DFNM's annual expense ratio is 0.17%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Fixed Income ETFs in the ETF Screener.
Does DFNM pay dividends?
Yes, DFNM pays a 3.04% dividend yield (trailing 12 months, at the Oct 16, 2026 close). The most recent ex-dividend date was September 22, 2026. View full dividend history in the Dividends section.
What are the top holdings of DFNM?
As of Oct 4, 2026, DFNM's largest holdings are NMFQS:MCSXX (1.6%), HUDSON CNTY N J 4% (0.8%), REVERE MASS 4% (0.7%) (combined weight: 3.1%). The fund holds 1208 total positions. View the complete portfolio breakdown in the Holdings section.
How does DFNM compare to similar ETFs?
Compare DFNM (0.17% expense ratio, $2.21B AUM) against similar Fixed Income ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.