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Trending ETFs

U.S. VECTOR EQUITY PORTFOLIO

mutual fund
DFVEX
Payout Change
Pending
Price as of:
$27.08 -0.07 -0.26%
primary theme
U.S. Mid-Cap Value Equity
share class
DFVEX (Mutual Fund)

U.S. VECTOR EQUITY PORTFOLIO

Payout Change
Pending
Price as of:
$27.08 -0.07 -0.26%
primary theme
U.S. Mid-Cap Value Equity
share class
DFVEX (Mutual Fund)

U.S. VECTOR EQUITY PORTFOLIO

Payout Change
Pending
Price as of:
$27.08 -0.07 -0.26%
primary theme
U.S. Mid-Cap Value Equity
share class

Name

As of 10/10/2024

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

$27.08

$4.81 B

1.34%

$0.36

0.28%

Vitals

YTD Return

13.0%

1 yr return

28.2%

3 Yr Avg Return

7.9%

5 Yr Avg Return

12.9%

Net Assets

$4.81 B

Holdings in Top 10

15.8%

52 WEEK LOW AND HIGH

$27.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 10.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/10/2024

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

$27.08

$4.81 B

1.34%

$0.36

0.28%

DFVEX - Profile

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return 7.9%
  • 5 Yr Annualized Total Return 12.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.31%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    U.S. VECTOR EQUITY PORTFOLIO
  • Fund Family Name
    Dimensional Funds
  • Inception Date
    Jan 31, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

To achieve the U.S. Vector Equity Portfolio’s investment objective, Dimensional Fund Advisors LP (the “Advisor”) implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the Portfolio’s design emphasizes long-term drivers of expected returns identified by the Advisor’s research, while balancing risk through broad diversification across companies and sectors. The Advisor’s portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs.

The U.S. Vector Equity Portfolio is designed to purchase a broad and diverse group of equity securities of U.S. operating companies. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price and higher profitability companies as compared to their representation in the U.S.

Universe. The Advisor generally defines the U.S. Universe as a market capitalization weighted set (e.g., the larger the company, the greater the proportion of the U.S. Universe it represents) of U.S. operating companies listed on a securities exchange in the United States that is deemed appropriate by the Advisor. The Portfolio’s increased exposure to smaller capitalization, lower relative price and higher profitability companies may be achieved by decreasing the allocation of the Portfolio’s assets to larger capitalization, higher relative price, or lower profitability companies relative to their weight in the U.S. Universe or by avoiding purchases in that segment of the market. An equity issuer is considered to have a high relative price (i.e., a growth stock) primarily because it has a high price in relation to its book value. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Advisor may consider additional factors such as price to cash flow or price to earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Advisor uses for assessing relative price and profitability are subject to change from time to time.

As a non-fundamental policy, under normal circumstances, the U.S. Vector Equity Portfolio will invest at least 80% of its net assets in equity securities of U.S. companies. The percentage allocation of the assets of the Portfolio to securities of the largest U.S. high relative price companies will generally be reduced from between 5% and 50% of their percentage weight in the U.S. Universe. For example, as of December 31, 2023, securities of the largest U.S. high relative price companies comprised 49% of the U.S. Universe and the Advisor allocated approximately 7% of the Portfolio to securities of the largest U.S. high relative price companies. The percentage by which the Portfolio’s allocation to securities of the largest U.S. high relative price companies is reduced will change due to market movements and other factors.

The Advisor may also increase or reduce the U.S. Vector Equity Portfolio’s exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company’s price momentum, short-run reversals, and investment characteristics. In assessing a company’s investment characteristics, the Advisor considers ratios such as recent changes in assets divided by total assets. The criteria the Advisor uses for assessing a company’s investment characteristics are subject to change from time to time. In addition, the Advisor seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.

The U.S. Vector Equity Portfolio also may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

The U.S. Vector Equity Portfolio may lend its portfolio securities to generate additional income.

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DFVEX - Performance

Return Ranking - Trailing

Period DFVEX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% 3.1% 24.1% 38.69%
1 Yr 28.2% 10.1% 45.2% 37.33%
3 Yr 7.9%* -2.2% 15.1% 37.85%
5 Yr 12.9%* 1.2% 18.1% 16.71%
10 Yr 10.2%* 2.3% 12.7% 13.58%

* Annualized

Return Ranking - Calendar

Period DFVEX Return Category Return Low Category Return High Rank in Category (%)
2023 13.5% -11.3% 33.3% 20.22%
2022 -14.1% -41.6% 2.3% 53.59%
2021 19.9% -41.5% 44.9% 49.03%
2020 5.8% -29.0% 22.1% 14.37%
2019 22.3% -8.1% 31.2% 48.26%

Total Return Ranking - Trailing

Period DFVEX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% 3.1% 24.1% 38.69%
1 Yr 28.2% 10.1% 45.2% 37.33%
3 Yr 7.9%* -2.2% 15.1% 37.85%
5 Yr 12.9%* 1.2% 18.1% 16.71%
10 Yr 10.2%* 2.3% 12.7% 13.58%

* Annualized

Total Return Ranking - Calendar

Period DFVEX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% -3.7% 36.5% 16.39%
2022 -9.9% -35.0% 2.4% 71.55%
2021 29.6% 6.2% 48.3% 41.83%
2020 7.5% -22.9% 23.2% 16.06%
2019 26.1% -3.0% 35.7% 54.94%

NAV & Total Return History


DFVEX - Holdings

Concentration Analysis

DFVEX Category Low Category High DFVEX % Rank
Net Assets 4.81 B 991 K 28 B 16.89%
Number of Holdings 2308 8 2308 0.27%
Net Assets in Top 10 789 M 319 K 5.52 B 19.89%
Weighting of Top 10 15.82% 4.6% 100.3% 75.20%

Top 10 Holdings

  1. DFA Investment Trust Co. 4.19%
  2. DFA Short Term Investment Fund 3.83%
  3. Exxon Mobil Corp. 1.32%
  4. JPMorgan Chase Co. 1.17%
  5. Amazon.com, Inc. 1.16%
  6. Meta Platforms, Inc. 1.11%
  7. Berkshire Hathaway, Inc. 0.97%
  8. State Street Institutional US Government Money Market Fund 0.89%
  9. Alphabet, Inc. 0.61%
  10. Chevron Corp. 0.59%

Asset Allocation

Weighting Return Low Return High DFVEX % Rank
Stocks
103.20% 56.67% 103.53% 0.82%
Cash
4.72% 0.00% 38.75% 14.99%
Other
0.01% -0.10% 7.30% 32.70%
Preferred Stocks
0.00% 0.00% 1.68% 8.17%
Convertible Bonds
0.00% 0.00% 0.02% 53.15%
Bonds
0.00% 0.00% 25.59% 54.22%

Stock Sector Breakdown

Weighting Return Low Return High DFVEX % Rank
Financial Services
21.64% 0.00% 60.11% 19.73%
Industrials
16.28% 0.00% 29.02% 47.40%
Technology
11.04% 0.00% 30.07% 24.38%
Consumer Cyclical
10.87% 0.00% 29.62% 53.15%
Healthcare
10.74% 0.00% 32.47% 34.79%
Energy
9.06% 0.00% 29.17% 23.29%
Basic Materials
6.43% 0.00% 23.88% 39.18%
Communication Services
6.34% 0.00% 19.80% 13.42%
Consumer Defense
5.84% 0.00% 33.79% 46.30%
Utilities
1.14% 0.00% 24.69% 88.22%
Real Estate
0.65% 0.00% 40.74% 90.41%

Stock Geographic Breakdown

Weighting Return Low Return High DFVEX % Rank
US
103.20% 56.67% 103.53% 0.82%
Non US
0.00% 0.00% 33.85% 65.12%

DFVEX - Expenses

Operational Fees

DFVEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.28% 0.06% 16.92% 95.90%
Management Fee 0.25% 0.00% 1.20% 4.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% 100.00%

Sales Fees

DFVEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DFVEX 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.

DFVEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 0.00% 227.00% 1.49%

DFVEX - Distributions

Dividend Yield Analysis

DFVEX Category Low Category High DFVEX % Rank
Dividend Yield 1.34% 0.00% 22.79% 31.42%

Dividend Distribution Analysis

DFVEX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

DFVEX Category Low Category High DFVEX % Rank
Net Income Ratio 1.31% -1.84% 4.73% 20.05%

Capital Gain Distribution Analysis

DFVEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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DFVEX - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

Feb 28, 2012

10.26

10.3%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

John Hertzer


Start Date

Tenure

Tenure Rank

Feb 28, 2022

0.25

0.3%

Mr. Hertzer joined DFA in 2013. Mr. Hertzer began his investment career in 2004 and earned a B.A. from Dartmouth College and an M.B.A. from the University of California Los Angeles.

Mary Phillips


Start Date

Tenure

Tenure Rank

Feb 28, 2022

0.25

0.3%

Mary T. Phillips, CFA, Deputy Head of Portfolio Management, North America, Senior Portfolio Manager and Vice President of Dimensional, joined Dimensional in 2012 and has been a portfolio manager since 2014. Ms. Phillips began managing Dimensional’s allocated portion of the Fund’s portfolio in March 2018. Ms. Phillips earned an MBA with concentration in analytic finance, statistics and econometrics, and managerial and organizational behavior from the University of Chicago and a BA from the University of Puget Sound.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.2 10.92