CGMU vs DFNM
Capital Group Municipal Income ETF compared with Dimensional National Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.
CGMU
Capital Group Municipal Income ETF
TTM yield · Monthly
DFNM
Dimensional National Municipal Bond ETF
TTM yield · Monthly
Quick take
- CGMU yields more today: 3.47% vs 3.03% (forward).
- Both pay every month.
- Over the last year CGMU delivered the higher total return: +0.9% vs +0.2% (price change plus payouts).
- DFNM is cheaper to own: 0.17% vs 0.27% expense ratio.
- CGMU has the steadier distribution: consistency 90/100 vs 68/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CGMU | DFNM |
|---|---|---|
| Share price | $26.62 | $46.67 |
| TTM yield | 3.47% | 3.06% |
| Forward yield | 3.47% | 3.03% |
| Annual payout per share | $0.925 | $1.4133 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 30, 2026 (est.) | Nov 17, 2026 (est.) |
| Expense ratio | 0.27% | 0.17% |
| 1-year payout growth | +1.4% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | — |
| Payout consistency (last 12) | 90/100 | 68/100 |
| 1-year total return | +0.9% | +0.2% |
| 1-year price return | -2.5% | -2.7% |
| Size (market cap / AUM) | 6.8B | 2.2B |
| Years paying | 3.9 | 4.8 |
| Sector / category | Muni National Interm | Muni National Interm |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CGMU | DFNM | |
|---|---|---|
| Shares | 375.7 | 214.3 |
| Income per year | $347 | $303 |
| Income per month (avg) | $29 | $25 |
At forward yields, before taxes. Model CGMU · Model DFNM
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CGMU Oct 30, 2026 | Nov 13, 2026 | $0.0771 | Est. |
| CGMU Nov 30, 2026 | Dec 14, 2026 | $0.0771 | Est. |
| CGMU Dec 31, 2026 | Jan 14, 2027 | $0.0771 | Est. |
| DFNM Nov 17, 2026 | Dec 1, 2026 | $0.1178 | Est. |
| DFNM Dec 15, 2026 | Dec 29, 2026 | $0.1178 | Est. |
| DFNM Jan 12, 2027 | Jan 26, 2027 | $0.1178 | Est. |
Annual payouts per share
CGMUDFNM
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CGMU or DFNM?
CGMU currently has the higher trailing yield: CGMU yields 3.47% and DFNM yields 3.06%. Yield changes daily with price, so check the live figures above.
How often do CGMU and DFNM pay?
CGMU pays every month and DFNM pays every month. CGMU's next ex-date is Oct 30, 2026 and DFNM's is Nov 17, 2026.
Is CGMU or DFNM better for income?
It depends on what you are optimising for. CGMU and DFNM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.