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Trending ETFs

DFA Diversified Fixed Income Portfolio

mutual fund
DFXIX
Payout Change
Pending
Price as of:
$9.33 -0.02 -0.21%
primary theme
U.S. Intermediate-Term Bond Duration
share class
DFXIX (Mutual Fund)

DFA Diversified Fixed Income Portfolio

Payout Change
Pending
Price as of:
$9.33 -0.02 -0.21%
primary theme
U.S. Intermediate-Term Bond Duration
share class
DFXIX (Mutual Fund)

DFA Diversified Fixed Income Portfolio

Payout Change
Pending
Price as of:
$9.33 -0.02 -0.21%
primary theme
U.S. Intermediate-Term Bond Duration
share class

Name

As of 10/03/2024

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

$9.33

$1.72 B

4.28%

$0.40

0.26%

Vitals

YTD Return

4.1%

1 yr return

8.2%

3 Yr Avg Return

0.2%

5 Yr Avg Return

1.0%

Net Assets

$1.72 B

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$9.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.26%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 2.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/03/2024

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

$9.33

$1.72 B

4.28%

$0.40

0.26%

DFXIX - Profile

Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 4.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    DFA Diversified Fixed Income Portfolio
  • Fund Family Name
    Dimensional Funds
  • Inception Date
    Aug 10, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Plecha

Fund Description

The Diversified Fixed Income Portfolio seeks its investment objective by investing directly or through Underlying Funds in a universe of U.S. and foreign debt securities, including inflation-protected securities. The Portfolio and/or its Underlying Funds invest in obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, corporate debt obligations, bank obligations, commercial paper, repurchase agreements, money market funds, securities of domestic or foreign issuers denominated in U.S. dollars but not trading in the United States, and obligations of supranational organizations. The inflation-protected securities in which the Portfolio and/or its Underlying Funds invest may include Treasury Inflation-Protected Securities. As of the date of this Prospectus, the Portfolio invests its assets in the DFA Two-Year Global Fixed Income Portfolio and DFA Intermediate Government Fixed Income Portfolio and/or other Underlying Funds, but the Portfolio also invests a substantial portion of its assets directly.

Depending on the credit and term spreads in the current yield curves, the Diversified Fixed Income Portfolio will adjust its investment allocations to credit and maturity, within the eligible universe of investments held directly or through Underlying Funds. The fixed income securities in which the Portfolio invests will be considered investment grade at the time of purchase (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”). Generally, the Portfolio will purchase debt securities that mature within twenty years from the date of settlement. The Portfolio will ordinarily have a weighted average maturity, based on market values, between two and seven years.

As a non-fundamental policy, under normal circumstances, the Diversified Fixed Income Portfolio will invest directly, or indirectly through its investment in the Underlying Funds, at least 80% of its net assets in fixed income securities. In addition, the Portfolio and each Underlying Fund are 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.

Because many of the Diversified Fixed Income Portfolio’s and certain Underlying Funds’ investments may be denominated in foreign currencies, the Portfolio and such Underlying Funds may also enter into foreign currency forward contracts to attempt to protect against uncertainty in the level of future foreign currency rates, to hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another. The Portfolio and certain Underlying Funds may also purchase or sell futures contracts and options on futures contracts for securities and indices, to hedge their currency exposure or to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio or Underlying Fund.

The Diversified Fixed Income Portfolio and the Underlying Funds may lend their portfolio securities to generate additional income.

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DFXIX - Performance

Return Ranking - Trailing

Period DFXIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -2.4% 11.9% 84.80%
1 Yr 8.2% -6.4% 29.1% 98.98%
3 Yr 0.2%* -10.0% 29.0% 3.63%
5 Yr 1.0%* -6.9% 59.3% 24.37%
10 Yr N/A* -2.4% 74.3% N/A

* Annualized

Return Ranking - Calendar

Period DFXIX Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -16.2% 8.1% 65.20%
2022 -10.3% -34.7% 131.9% 0.94%
2021 -2.8% -11.6% 4.4% 27.59%
2020 4.4% -10.1% 946.1% 43.40%
2019 3.3% -1.7% 16.9% 90.25%

Total Return Ranking - Trailing

Period DFXIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -2.4% 11.9% 84.80%
1 Yr 8.2% -6.4% 29.1% 98.98%
3 Yr 0.2%* -10.0% 29.0% 3.63%
5 Yr 1.0%* -6.9% 59.3% 24.37%
10 Yr N/A* -2.4% 74.3% N/A

* Annualized

Total Return Ranking - Calendar

Period DFXIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% -11.3% 11.9% 86.02%
2022 -7.9% -32.2% 131.9% 0.84%
2021 -0.6% -9.4% 9.2% 35.22%
2020 5.9% -1.9% 1009.0% 88.50%
2019 5.5% 1.1% 21668.0% 96.59%

NAV & Total Return History


DFXIX - Holdings

Concentration Analysis

DFXIX Category Low Category High DFXIX % Rank
Net Assets 1.72 B 2.9 M 314 B 46.90%
Number of Holdings 8 1 17787 98.88%
Net Assets in Top 10 1.72 B 1.62 M 36.1 B 18.62%
Weighting of Top 10 100.00% 4.4% 432.9% 1.53%

Top 10 Holdings

  1. DFA Intermediate Government Fixed Income Portfolio 50.47%
  2. DFA Two-Year Global Fixed Income Portfolio 30.20%
  3. U.S. Treasury Inflation-Indexed Notes 4.54%
  4. U.S. Treasury Inflation-Indexed Notes 4.48%
  5. U.S. Treasury Inflation-Indexed Notes 4.47%
  6. U.S. Treasury Inflation-Indexed Notes 4.05%
  7. U.S. Treasury Inflation-Indexed Notes 1.46%
  8. State Street Institutional US Government Money Market Fund 0.32%

Asset Allocation

Weighting Return Low Return High DFXIX % Rank
Stocks
80.67% 0.00% 99.99% 1.32%
Bonds
19.00% 0.00% 993.61% 98.27%
Convertible Bonds
0.43% 0.00% 7.93% 82.17%
Cash
0.33% -54.51% 237.69% 83.42%
Preferred Stocks
0.00% 0.00% 71.02% 64.70%
Other
0.00% -16.55% 52.94% 88.81%

Stock Sector Breakdown

Weighting Return Low Return High DFXIX % Rank
Utilities
0.00% 0.00% 100.00% N/A
Technology
0.00% 0.00% 43.45% N/A
Real Estate
0.00% 0.00% 99.26% N/A
Industrials
0.00% 0.00% 48.31% N/A
Healthcare
0.00% 0.00% 17.70% 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% 100.00% N/A
Consumer Defense
0.00% 0.00% 99.67% N/A
Consumer Cyclical
0.00% 0.00% 100.00% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High DFXIX % Rank
US
80.67% 0.00% 99.99% 1.22%
Non US
0.00% 0.00% 86.16% 52.49%

Bond Sector Breakdown

Weighting Return Low Return High DFXIX % Rank
Government
86.23% 0.00% 86.23% 0.10%
Corporate
3.88% 0.00% 100.00% 92.83%
Cash & Equivalents
0.32% -0.46% 237.69% 79.96%
Derivative
0.00% -1.41% 44.82% 68.26%
Securitized
0.00% 0.00% 98.40% 99.39%
Municipal
0.00% 0.00% 100.00% 86.48%

Bond Geographic Breakdown

Weighting Return Low Return High DFXIX % Rank
US
19.00% 0.00% 993.61% 98.27%
Non US
0.00% 0.00% 35.41% 68.67%

DFXIX - Expenses

Operational Fees

DFXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.26% 0.01% 39.64% 93.15%
Management Fee 0.12% 0.00% 1.76% 5.96%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

DFXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DFXIX 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.

DFXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2.00% 2.00% 493.39% 0.12%

DFXIX - Distributions

Dividend Yield Analysis

DFXIX Category Low Category High DFXIX % Rank
Dividend Yield 4.28% 0.00% 10.11% 87.41%

Dividend Distribution Analysis

DFXIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

DFXIX Category Low Category High DFXIX % Rank
Net Income Ratio 1.63% -1.28% 4.79% 55.20%

Capital Gain Distribution Analysis

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

Distributions History

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DFXIX - Fund Manager Analysis

Managers

David Plecha


Start Date

Tenure

Tenure Rank

Aug 10, 2016

5.81

5.8%

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

Aug 10, 2016

5.81

5.8%

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.

Alexander Fridman


Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

Mr. Fridman is a Vice President and Portfolio Manager of the Dimensional Fund Advisors LP. Mr. Fridman holds an MBA from the University of Cambridge, a doctorate from Saint Petersburg State Polytechnical University, two MS degrees from the University of Southern California, and a BS from the University of California-Los Angeles. Mr. Fridman joined the Dimensional and has been a portfolio manager since 2013.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.79 1.16