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Global ETF Survey 2026 Available: How 620 Professionals Select ETFs. Access the Report →

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Global ETF Survey 2026

Access Is Easy. Choosing the Right ETF Is Not

With 1,790 launches through July 2026, finding an ETF is easy and choosing one is not. 46% of share classes hold under $50 million, and nearly 7 in 10 allocators are reassessing their holdings, with portfolio fit the top criterion. See how 620 professionals select ETFs.

Trackinsight Global ETF Survey 2026
DFNM

Dimensional National Municipal Bond ETF

Active ETFFixed Income
Not rated

The DFNM Exchange Traded Fund (ETF) is provided by Dimensional. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

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$46.71
+$0.26 (+0.56%) today
1:30 PM 10/15/26 Closed
1D price range
$46.69$46.75
52W price range
$45.70$48.87
YTD Perf.
-1.58%
YTD Flows
Annualized volatility
Fund AuM
€2.01B
Share class AuM
€2.01B
TTM Yield
Tracking Error
Tracking Difference
ISIN
US25434V8494
TER
0.18%
Inception date
11/15/2021
Dividend policy
Compare similar ETFs
API
PerformanceDec 31, 2025 - Oct 13, 2026
-3%-2%-1%0%1%2%JANMARMAYJULSEP
Flows
Join for free to unlock
Data as of 08/31/26
Municipal
30.25%
Unavailable
69.75%
Latest DFNM news

No content available for this fund

FAQ about DFNM

DFNM is a Active ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.
DFNM carries a total expense ratio (TER) of 0.18%, indicating the annual cost for holding the fund.
DFNM was introduced to the market on November 15, 2021. It trades on United States
Dimensional National Municipal Bond ETF, DFNM, is provided by Dimensional. Learn more about Dimensional here.
DFNM oversees €2.01B in assets as of October 13, 2026.
DFNM follows a distributing dividend policy, meaning it pays out income to investors. As of October 13, 2026, its 12-month trailing yield was 3.06%.
As of August 31, 2026, DFNM has significant geographic allocations in USA.
As of August 31, 2026, DFNM focuses largely on Municipal.
As of August 31, 2026, DFNM holds 1198 positions in its portfolio, with 8.59% of assets concentrated in its top 15 holdings.
As of August 31, 2026, DFNM top three holdings include County of Hudson, 4% 24feb2027, USD (2026), Revere, 4% 29jul2027, USD and US692160VQ47.
The base currency of DFNM is USD.
Data as of 08/31/26
County of Hudson, 4% 24feb2027, USD (2026)
0.80%
Revere, 4% 29jul2027, USD
0.72%
US692160VQ47
0.67%
City of Somerville (MA), 4% 28may2027, USD
0.67%
Hoboken, 4% 8mar2027, USD (2026)
0.67%
US562333SJ48
0.59%
US594712ZC81
0.58%
US609561SR73
0.51%
Maryland, 5% 1jun2037, USD (2025)
0.49%
US650028F992
0.49%

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