Dimensional National Municipal Bond ETF (DFNM)

Assets	$1.87B
Expense Ratio	0.17%
PE Ratio	n/a
Shares Out	39.25M
Dividend (ttm)	$1.41
Dividend Yield	2.94%
Ex-Dividend Date	Dec 16, 2025
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	394,655
Open	48.16
Previous Close	48.10
Day's Range	48.11 - 48.16
52-Week Low	46.24
52-Week High	48.35
Beta	0.18
Holdings	1096
Inception Date	Dec 15, 2021

About DFNM

Fund Home Page

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 issued by Dimensional.

• Asset Class: Fixed Income
• Category: Muni National Interm
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: DFNM
• ETF Provider: Dimensional

Dividends

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$0.21824	Dec 18, 2025
Nov 18, 2025	$0.10822	Nov 20, 2025
Oct 21, 2025	$0.11667	Oct 23, 2025
Sep 23, 2025	$0.11494	Sep 25, 2025
Aug 19, 2025	$0.11838	Aug 21, 2025
Jul 22, 2025	$0.11817	Jul 24, 2025

Performance

DFNM had a total return of 3.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.20%.