Dimensional National Municipal Bond ETFDimensional National Municipal Bond ETFDimensional National Municipal Bond ETF

Dimensional National Municipal Bond ETF

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Key stats


Assets under management (AUM)
‪1.51 B‬USD
Fund flows (1Y)
‪289.88 M‬USD
Dividend yield (indicated)
2.74%
Discount/Premium to NAV
0.1%
Shares outstanding
‪31.40 M‬
Expense ratio
0.17%

About Dimensional National Municipal Bond ETF


Issuer
Dimensional Holdings, Inc.
Brand
Dimensional
Inception date
Nov 15, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Dimensional Fund Advisors LP
Distributor
DFA Securities LLC
DFNM actively manages a portfolio of investment-grade municipal bonds that are exempt from federal income tax. The AMT-free bonds could include revenue bonds, general obligation bonds, industrial development bonds, municipal lease obligations, commercial paper, variable rate demand obligations, and other instruments issued in the United States and its affiliates. The portfolio is expected to maintain the average duration close to the funds benchmark, the S&P Intermediate Term National AMT-Free Municipal Bond Index. The funds assets may be invested in industrial development bonds or finance projects, such as health care, housing, education, utilities, and transportation. The fund may also invest in futures contracts and options to hedge its interest rate exposure.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Intermediate
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal101.27%
Cash−1.27%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.