Dimensional National Municipal Bond ETF (DFNM)Muni National Interm | Exchange Traded Fund | NYSEArca
46.71 USD
|
Hot Take ↕ | Oct. 10, 2026, 4:58 a.m. EDT
The municipal bond sector is currently offering a compelling income floor with a yield near 3%, which is robust relative to typical fixed-income alternatives. However, the price action tells a story of stagnation rather than growth; the asset has failed to break out of its 52-week range and is trading below both its 50-day and 200-day moving averages, indicating persistent selling pressure. While the recent 14-day window shows a modest bounce off the lows, the broader trend remains flat to slightly negative. For investors seeking capital appreciation, the lack of upward momentum suggests waiting for a clearer breakout, though the steady dividend stream makes it a viable hold for those prioritizing current income over price gains. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.022382 |
| AutoARIMA | 0.022534 |
| AutoETS | 0.022842 |
| MSTL | 0.023234 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 79% |
| H-stat | 22.68 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.182 |
| Excess Kurtosis | -1.35 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.27% | 2.96% | 2.84% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.128 | 0.274796 |
| 2026-08-18 | 0.106 | 0.222596 |
| 2026-07-21 | 0.119 | 0.248408 |
| 2026-06-23 | 0.133 | 0.275762 |
| 2026-05-19 | 0.111 | 0.232023 |
| 2026-04-21 | 0.097 | 0.200787 |
| 2026-03-24 | 0.136 | 0.284519 |
| 2026-02-18 | 0.103 | 0.211477 |
| 2026-01-21 | 0.042 | 0.086759 |
| 2025-12-16 | 0.218 | 0.453789 |
| 2025-11-18 | 0.108 | 0.224113 |
| 2025-10-21 | 0.117 | 0.242940 |
| 2025-09-23 | 0.115 | 0.239334 |
| 2025-08-19 | 0.118 | 0.249155 |
| 2025-07-22 | 0.118 | 0.249947 |
| 2025-06-24 | 0.113 | 0.239002 |
| 2025-05-20 | 0.122 | 0.257983 |
| 2025-04-22 | 0.114 | 0.243434 |
| 2025-03-25 | 0.129 | 0.270895 |
| 2025-02-19 | 0.099 | 0.206681 |
| 2025-01-22 | 0.044 | 0.092050 |
| 2024-12-17 | 0.205 | 0.427886 |
| 2024-11-19 | 0.106 | 0.220741 |
| 2024-10-22 | 0.135 | 0.280870 |
| 2024-09-17 | 0.089 | 0.183767 |
| 2024-08-20 | 0.133 | 0.275648 |
| 2024-07-16 | 0.100 | 0.208203 |
| 2024-06-18 | 0.089 | 0.185881 |
| 2024-05-21 | 0.125 | 0.262055 |
| 2024-04-16 | 0.102 | 0.213792 |
| 2024-03-19 | 0.089 | 0.184724 |
| 2024-02-21 | 0.116 | 0.240614 |
| 2024-01-17 | 0.020 | 0.041451 |
| 2023-12-19 | 0.165 | 0.341262 |
| 2023-11-21 | 0.089 | 0.187764 |
| 2023-10-24 | 0.119 | 0.257381 |
| 2023-09-19 | 0.080 | 0.170231 |
| 2023-08-22 | 0.094 | 0.199321 |
| 2023-07-18 | 0.089 | 0.186583 |
| 2023-06-21 | 0.076 | 0.159429 |
| 2023-05-23 | 0.084 | 0.177703 |
| 2023-04-18 | 0.085 | 0.176605 |
| 2023-03-21 | 0.091 | 0.190138 |
| 2023-02-22 | 0.114 | 0.240506 |
| 2023-01-18 | 0.076 | 0.156895 |
| 2022-12-20 | 0.082 | 0.171692 |
| 2022-11-22 | 0.086 | 0.181473 |
| 2022-10-18 | 0.069 | 0.146996 |
| 2022-09-20 | 0.058 | 0.122596 |
| 2022-08-23 | 0.066 | 0.137271 |
| 2022-07-19 | 0.056 | 0.115535 |
| 2022-06-22 | 0.042 | 0.087701 |
| 2022-05-24 | 0.033 | 0.068908 |
| 2022-04-19 | 0.026 | 0.054462 |
| 2022-03-22 | 0.027 | 0.055396 |
| 2022-02-23 | 0.011 | 0.022330 |
| 2021-12-16 | 0.026 | 0.051639 |
| Attribute | Value |
|---|---|
| All Time High | 50.45 |
| All Time Low | 45.7 |
| Ask | 49.05 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 883,410 |
| Average Daily Volume3 Month | 445,329 |
| Average Volume | 445,329 |
| Average Volume10Days | 883,410 |
| Beta3 Year | 0.6 |
| Bid | 44.52 |
| Bid Size | 500 |
| Category | Muni National Interm |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 46.76 |
| Day Low | 46.65 |
| Display Name | National Municipal Bond ETF |
| Dividend Yield | 3.08 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 46.94854 |
| Fifty Day Average Change | -0.23854065 |
| Fifty Day Average Change Percent | -0.005080896 |
| Fifty Two Week Change Percent | -3.341955 |
| Fifty Two Week High | 48.87 |
| Fifty Two Week High Change | -2.1599998 |
| Fifty Two Week High Change Percent | -0.044198893 |
| Fifty Two Week Low | 45.7 |
| Fifty Two Week Low Change | 1.0099983 |
| Fifty Two Week Low Change Percent | 0.02210062 |
| Fifty Two Week Range | 45.7 - 48.87 |
| First Trade Date Milliseconds | 1,637,073,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.020000458 |
| Fullday Change Percent | 0.042818364 |
| Fullday Price | 46.71 |
| Fund Family | Dimensional Fund Advisors |
| Fund Inception Date | 1,636,934,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Dimensional National Municipal Bond ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1677885391 |
| Nav Price | 46.6767 |
| Net Assets | 2,211,709,950.0 |
| Net Expense Ratio | 0.17 |
| Open | 46.71 |
| Phone | 512-306-7400 |
| Previous Close | 46.71 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 46.76 |
| Regular Market Day Low | 46.65 |
| Regular Market Day Range | 46.65 - 46.76 |
| Regular Market Open | 46.71 |
| Regular Market Previous Close | 46.71 |
| Regular Market Price | 46.71 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 358,126 |
| Short Name | Dimensional National Municipal |
| Source Interval | 15 |
| Symbol | DFNM |
| Three Year Average Return | 0.0292032 |
| Total Assets | 2,211,709,952 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.93008 |
| Trailing Three Month Returns | -3.93008 |
| Triggerable | 1 |
| Two Hundred Day Average | 47.943947 |
| Two Hundred Day Average Change | -1.2339478 |
| Two Hundred Day Average Change Percent | -0.0257373 |
| Type Disp | ETF |
| Volume | 358,126 |
| Yield | 0.0308 |
| Ytd Return | -2.38598 |