Dimensional National Municipal Bond ETF (DFNM)
47.73
+0.05
(+0.10%)
USD |
NYSEARCA |
Apr 24, 16:00
47.73
0.00 (0.00%)
After-Hours: 19:32
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.17% | 0.00% | 1.235B | 83116.47 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.35% | 9.00% | 434.82M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide current income that is expected to be exempt from federal personal income tax. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | High Quality/Limited Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Short |
Category Index | Bloomberg Municipal 3 Yr 2-4 TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | Dimensional Fund Advisors |
Prospectus Benchmark Index | |
S&P National AMT Free Muni TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Plecha | 2.38 yrs |
Joseph Kolerich | 2.38 yrs |
Travis Meldau | 2.38 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide current income that is expected to be exempt from federal personal income tax. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | High Quality/Limited Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Short |
Category Index | Bloomberg Municipal 3 Yr 2-4 TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | Dimensional Fund Advisors |
Prospectus Benchmark Index | |
S&P National AMT Free Muni TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Plecha | 2.38 yrs |
Joseph Kolerich | 2.38 yrs |
Travis Meldau | 2.38 yrs |