Dimensional National Municipal Bond ETF (DFNM)
- Expense ratio0.17%
- Net assets$2.29B
- Dividend yield3.22%
- 1-year return+0.25%
- Duration4.96 yrs
DFNM ETF price chart
DFNM quote & trading statistics
DFNM performance
Annual returns & drawdowns →- YTD-0.23%
- 1 year+0.25%
- 3 years+3.46%/yr
- 5 years0.00%/yr
- 10 years0.00%/yr
- 1Y volatility
- 3.73%
- 3Y volatility
- 3.47%
- 3Y Sharpe ratio
- -0.54
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
DFNM bond portfolio
Rate scenarios & peers →- Yield to maturity
- 3.73%
- Effective duration
- 4.96 yrs
- Average maturity
- 5.1 yrs
- Average coupon
- 4.61%
A one-percentage-point rise in interest rates would lower the price by about 5.0%.
About Dimensional National Municipal Bond ETF
Under normal market conditions, the Portfolio will invest at least 80% of its net assets in municipal securities that pay interest exempt from federal income tax. The Portfolio will generally maintain a weighted average duration of no more than one half year greater, and no less than one year below, the average duration of the S&P Intermediate Term National AMT-Free Municipal Bond Index.
DFNM ETF FAQ
What is the DFNM expense ratio?
Dimensional National Municipal Bond ETF has a net expense ratio of 0.17%, or $17.00 a year for every $10,000 invested.
How much money is in DFNM?
Dimensional National Municipal Bond ETF has about $2.29B in net assets.
How has DFNM performed?
DFNM returned +0.25% over the past year and 0.00% a year over the past five years, including reinvested distributions.
Does DFNM pay dividends?
DFNM has a dividend yield of 3.22%.
When was DFNM launched?
Dimensional National Municipal Bond ETF began trading on November 15, 2021.