|Bid||37.97 x 1400|
|Ask||46.03 x 1400|
|Day's Range||41.78 - 43.38|
|52 Week Range||41.29 - 49.67|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-10.61%|
|Beta (5Y Monthly)||1.20|
|Expense Ratio (net)||0.29%|
The four funds represent almost $10 billion in assets under management.
The active manager’s mutual-fund-to-ETF conversion can serve as a blueprint to other would-be ETF issuers.
NEW YORK, Jun 16, 2021--Citi has successfully supported the industry’s largest mutual fund to ETF conversion for Dimensional Fund Advisors. The conversion includes four US tax-managed mutual funds into active transparent ETFs totaling $29bn in assets: Dimensional U.S. Equity ETF (NYSE: DFUS), Dimensional U.S. Small Cap ETF (NYSE: DFAS), Dimensional U.S. Targeted Value ETF (NYSE: DFAT) and Dimensional U.S. Core Equity 2 ETF (NYSE: DFAC). The ETFs listed on June 14, 2021.