Dimensional National Municipal Bond ETF (DFNM) As Of: 09/14/2025

Sufficient Liquidity
DFNM Can Liquidate 67.42 % In 3 Days Which Meets The Fund's 2.7% Minimum For Highly Liquid Assets. See SEC Requirements.

Unacceptable Illiquidity
DFNM Fails The 15% Maximum Illiquid Assets Test. See SEC Requirements.
Total De-valuated Market Value: $0.00 (0.000% of the fund)

Liquidity Assessment For DFNM

Days To Liquidate SEC Category % Of Fund Value Value
0-3 Days		 Highly Liquid
67.4 %
$1,110,745,054.45
3-7 Days		 Moderately Liquid
6.8 %
$112,819,897.50
3-7 Days (Settle Later)		 Less Liquid
3.2 %
$52,116,293.20
7+ Days		 Illiquid
22.6 %
$371,838,728.84
Market Value
$1,636,074,712
Cash
2.35 %
Positions
1046
Not Covered
10 (0.96 %)
Covered
1036 (99.04 %)
Type
OPEN_END
Reporting Date
2025-08-21
Highly Liquid Target
2.7%
...
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CUSIP Name Amount Owned Other Fund`s Capacity To Buy Traded Last 30 Days % Of Fund High Mod Less Illiquid Maturity Coupon BV Credit Score Drilldown
CUSIP Name Amount Owned % Of Fund Coupon Maturity