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Trending ETFs

DFA Short-Term Extended Quality Portfolio

mutual fund
DFEQX
Payout Change
Pending
Price as of:
$10.44 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
share class
DFEQX (Mutual Fund)

DFA Short-Term Extended Quality Portfolio

Payout Change
Pending
Price as of:
$10.44 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
share class
DFEQX (Mutual Fund)

DFA Short-Term Extended Quality Portfolio

Payout Change
Pending
Price as of:
$10.44 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
share class

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.44

$5.64 B

7.58%

$0.79

0.20%

Vitals

YTD Return

4.4%

1 yr return

6.3%

3 Yr Avg Return

1.2%

5 Yr Avg Return

1.3%

Net Assets

$5.64 B

Holdings in Top 10

16.0%

52 WEEK LOW AND HIGH

$10.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 80.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.44

$5.64 B

7.58%

$0.79

0.20%

DFEQX - Profile

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.80%
DIVIDENDS
  • Dividend Yield 7.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DFA Short-Term Extended Quality Portfolio
  • Fund Family Name
    Dimensional Funds
  • Inception Date
    Mar 26, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Plecha

Fund Description

The Short-Term Extended Quality Portfolio seeks to maximize total returns from a universe of U.S. and foreign corporate debt securities with an investment grade credit rating (e.g., rated AAA to BBB- by S&P Global Ratings (“S&P”) or Fitch Ratings Ltd. (“Fitch”) or Aaa to Baa3 by Moody’s Investor’s Service, Inc. (“Moody’s”)). In addition, the Portfolio may invest in obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, bank obligations, commercial paper, repurchase agreements, money market funds, obligations of other domestic and foreign issuers having investment grade ratings, securities of domestic or foreign issuers denominated in U.S. dollars but not trading in the United States, and obligations of supranational organizations. The Portfolio generally invests with an emphasis on debt securities rated A+ to BBB- by S&P or Fitch or A1 to Baa3 by Moody’s. The Portfolio will increase or decrease investment exposure to lower-rated investment grade securities (i.e., those rated A+ to BBB- by S&P or Fitch or A1 to Baa3 by Moody’s) depending on the expected credit premium. The Advisor expects that the Portfolio will primarily invest in the obligations of issuers that are in developed countries.

The Short-Term Extended Quality Portfolio primarily invests in securities that mature within five years from the date of settlement and maintains a weighted average maturity and a weighted average duration of three years or less. In making these purchase decisions, if the expected term premium is greater for longer-term securities in the eligible maturity range, the Advisor will focus on investment in the longer-term area, otherwise, the Portfolio will focus its investment in the shorter-term area of the eligible maturity range. Duration is a measure of the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in fixed income securities considered to be investment grade quality. In addition, the Portfolio is authorized to invest more than 25% of its total assets in U.S. Treasury bonds, bills and notes, and obligations of federal agencies and instrumentalities.

The Short-Term Extended Quality Portfolio’s investments may include foreign securities denominated in foreign currencies. The Portfolio intends to hedge foreign currency exposure to attempt to protect against uncertainty in the level of future foreign currency rates. The Portfolio may enter into foreign currency forward contracts to hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another. The Portfolio also may enter into credit default swaps on issuers or indices to buy or sell credit protection to hedge its credit exposure; gain market or issuer exposure without owning the underlying securities; or increase the Portfolio’s total return. The Portfolio may purchase or sell futures contracts and options on futures contracts, to hedge its currency exposure or to hedge its interest rate exposure or for non-hedging purposes, such as a substitute for direct investment or to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

The Short-Term Extended Quality Portfolio may lend its portfolio securities to generate additional income.

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DFEQX - Performance

Return Ranking - Trailing

Period DFEQX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% 2.9% 16.1% 86.69%
1 Yr 6.3% 4.7% 25.9% 98.48%
3 Yr 1.2%* -5.0% 4.5% 65.38%
5 Yr 1.3%* -3.5% 5.1% 80.53%
10 Yr 1.7%* -18.9% 170.5% 56.70%

* Annualized

Return Ranking - Calendar

Period DFEQX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -1.6% 7.6% 48.28%
2022 -6.8% -17.7% -2.6% 46.21%
2021 -1.6% -4.0% 4.4% 55.69%
2020 1.8% -7.1% 7.6% 48.78%
2019 2.3% -2.3% 9.3% 32.49%

Total Return Ranking - Trailing

Period DFEQX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% 2.9% 16.1% 86.69%
1 Yr 6.3% 4.7% 25.9% 98.48%
3 Yr 1.2%* -5.0% 4.5% 65.38%
5 Yr 1.3%* -3.5% 5.1% 80.53%
10 Yr 1.7%* -18.9% 170.5% 56.70%

* Annualized

Total Return Ranking - Calendar

Period DFEQX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% 1.8% 15.2% 55.92%
2022 -5.2% -17.3% -1.3% 56.50%
2021 -0.6% -2.7% 7.7% 71.06%
2020 2.2% -2.4% 14.5% 95.31%
2019 4.5% 0.6% 12.6% 54.64%

NAV & Total Return History


DFEQX - Holdings

Concentration Analysis

DFEQX Category Low Category High DFEQX % Rank
Net Assets 5.64 B 14.5 K 57.3 B 19.39%
Number of Holdings 591 2 8314 36.31%
Net Assets in Top 10 903 M 1.02 M 7.47 B 29.09%
Weighting of Top 10 16.01% 1.9% 112.6% 72.43%

Top 10 Holdings

  1. U.S. Treasury Floating Rate Notes 3.94%
  2. U.S. Treasury Floating Rate Notes 3.58%
  3. U.S. Treasury Floating Rate Notes 1.24%
  4. DFA Investment Trust Co. 1.21%
  5. DFA Short Term Investment Fund 1.16%
  6. International Bank for Reconstruction Development 1.10%
  7. Inter-American Development Bank 1.08%
  8. Western Union Co. 0.92%
  9. Macquarie Bank Ltd. 0.91%
  10. NatWest Markets PLC 0.88%

Asset Allocation

Weighting Return Low Return High DFEQX % Rank
Bonds
86.34% 0.00% 131.20% 54.18%
Cash
14.02% -20.59% 71.38% 2.47%
Convertible Bonds
5.47% 0.00% 27.71% 11.62%
Stocks
1.21% 0.00% 99.91% 15.59%
Other
0.06% -0.97% 71.57% 71.86%
Preferred Stocks
0.00% 0.00% 24.12% 65.02%

Stock Sector Breakdown

Weighting Return Low Return High DFEQX % Rank
Utilities
0.00% 0.00% 81.48% N/A
Technology
0.00% 0.00% 24.45% N/A
Real Estate
0.00% 0.00% 8.31% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 23.11% N/A
Financial Services
0.00% 0.00% 100.00% N/A
Energy
0.00% 0.00% 100.00% N/A
Communication Services
0.00% 0.00% 65.64% N/A
Consumer Defense
0.00% 0.00% 21.37% N/A
Consumer Cyclical
0.00% 0.00% 10.75% N/A
Basic Materials
0.00% 0.00% 22.71% N/A

Stock Geographic Breakdown

Weighting Return Low Return High DFEQX % Rank
US
1.21% 0.00% 99.91% 15.02%
Non US
0.00% 0.00% 2.07% 56.08%

Bond Sector Breakdown

Weighting Return Low Return High DFEQX % Rank
Corporate
53.77% 0.00% 99.82% 26.48%
Government
26.15% 0.00% 73.63% 34.67%
Cash & Equivalents
14.02% 0.00% 71.38% 2.47%
Derivative
0.06% -0.44% 27.90% 20.34%
Securitized
0.00% 0.00% 97.27% 97.90%
Municipal
0.00% 0.00% 14.41% 79.43%

Bond Geographic Breakdown

Weighting Return Low Return High DFEQX % Rank
US
72.95% 0.00% 131.20% 76.43%
Non US
13.39% 0.00% 82.20% 1.33%

DFEQX - Expenses

Operational Fees

DFEQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.01% 3.24% 93.89%
Management Fee 0.15% 0.00% 1.19% 13.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.41% 4.65%

Sales Fees

DFEQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

DFEQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DFEQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 80.00% 2.00% 500.00% 52.79%

DFEQX - Distributions

Dividend Yield Analysis

DFEQX Category Low Category High DFEQX % Rank
Dividend Yield 7.58% 0.00% 11.11% 34.60%

Dividend Distribution Analysis

DFEQX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

DFEQX Category Low Category High DFEQX % Rank
Net Income Ratio 0.80% -1.27% 4.98% 72.53%

Capital Gain Distribution Analysis

DFEQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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DFEQX - Fund Manager Analysis

Managers

David Plecha


Start Date

Tenure

Tenure Rank

Mar 04, 2009

13.25

13.3%

David Plecha is Dimensional’s Global Head of Fixed Income. A member of the Investment Committee and Investment Research Committee, he not only manages US and global portfolios but also maintains much of the fixed income research and client communications. Dave received his Chartered Financial Analyst® designation in 1996. Prior to joining Dimensional in 1989, he managed stock index futures and options for Leland O’Brien Rubinstein Associates and was an operations planner for Texas Instruments.

Joseph Kolerich


Start Date

Tenure

Tenure Rank

Feb 28, 2012

10.26

10.3%

Joseph Kolerich is Head of Fixed Income, Americas, Senior Portfolio Manager and Vice President of Dimensional and a member of the Investment Committee. Mr. Kolerich has an MBA from the University of Chicago Booth School of Business and a BS from Northern Illinois University. Mr. Kolerich joined DFA as a portfolio manager in 2001 and has been responsible for the fixed income portfolios since 2012.

Lacey Huebel


Start Date

Tenure

Tenure Rank

Feb 28, 2021

1.25

1.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.19 2.41