Dimensional - National Municipal Bond ETF (DFNM)
Dimensional - National Municipal Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Austin, TX, US. The stock last traded at $47.88, up 0.08% on the session, giving a market capitalisation of $2.24B. Its beta of 0.58 implies it has historically moved less than the broad market.
This Portfolio primarily focuses on municipal bonds, committing a minimum of 80% of its net assets, under typical market conditions, to those generating interest income free from federal taxation. The fund’s dollar-weighted average duration is generally managed relative to its benchmark, the S&P Intermediate Term National AMT-Free Municipal Bond Index. Specifically, its duration will typically remain within a range of no more than half a year longer, and no less than one year shorter, than the benchmark’s average duration.
Dimensional - National Municipal Bond ETF is most often compared with the following Financial Services names: