Continue to site >
Trending ETFs

DFA Inflation-Protected Securities Portfolio

mutual fund
DIPSX
Payout Change
Pending
Price as of:
$11.2 -0.01 -0.09%
primary theme
TIPS
share class
DIPSX (Mutual Fund)

DFA Inflation-Protected Securities Portfolio

Payout Change
Pending
Price as of:
$11.2 -0.01 -0.09%
primary theme
TIPS
share class
DIPSX (Mutual Fund)

DFA Inflation-Protected Securities Portfolio

Payout Change
Pending
Price as of:
$11.2 -0.01 -0.09%
primary theme
TIPS
share class

Name

As of 10/02/2024

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

$11.20

$5.16 B

2.91%

$0.33

0.11%

Vitals

YTD Return

5.6%

1 yr return

11.9%

3 Yr Avg Return

-0.7%

5 Yr Avg Return

2.6%

Net Assets

$5.16 B

Holdings in Top 10

76.9%

52 WEEK LOW AND HIGH

$11.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/02/2024

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

$11.20

$5.16 B

2.91%

$0.33

0.11%

DIPSX - Profile

Distributions

  • YTD Total Return 5.6%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.58%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    DFA Inflation-Protected Securities Portfolio
  • Fund Family Name
    Dimensional Funds
  • Inception Date
    Dec 05, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Plecha

Fund Description

The Inflation-Protected Portfolio seeks its investment objective by investing in a universe of inflation-protected securities that are structured to provide returns linked to the rate of inflation over the long-term. The Portfolio ordinarily invests in inflation-protected securities issued by the U.S. Government and its agencies and instrumentalities and the credit quality of such inflation-protected securities will be that of such applicable U.S. government, agency or instrumentality issuer.

As a non-fundamental policy, under normal circumstances, the Inflation-Protected Portfolio will invest at least 80% of its net assets in inflation-protected securities. Inflation-protected securities (also known as inflation-indexed securities) are securities whose principal and/or interest payments are adjusted for inflation, unlike conventional debt

securities that make fixed principal and interest payments. Inflation-protected securities include Treasury Inflation-Protected Securities (“TIPS”), which are securities issued by the U.S. Treasury. The principal value of TIPS is adjusted for inflation (payable at maturity) and the semi-annual interest payments by TIPS equal a fixed percentage of the inflation-adjusted principal amount. These inflation adjustments are based upon the Consumer Price Index for Urban Consumers (CPI-U). The original principal value of TIPS is guaranteed. At maturity, TIPS are redeemed at the greater of their inflation-adjusted principal or par amount at original issue. Other types of inflation-protected securities may use other methods to adjust for inflation and other measures of inflation. In addition, inflation-protected securities issued by entities other than the U.S. Treasury may not provide a guarantee of principal value at maturity.

Generally, the Inflation-Protected Portfolio will purchase inflation-protected securities with maturities between five and twenty years from the date of settlement, although at times, the Portfolio may purchase securities outside of this range. Under normal circumstances, when determining its duration, the Portfolio will consider a weighted average duration similar to the Bloomberg U.S. TIPS Index, which was approximately 6.57 years as of December 31, 2023. 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.

The Inflation-Protected Portfolio is authorized to invest more than 25% of its total assets in U.S. Treasury bonds, bills and notes and obligations of U.S. government agencies and instrumentalities. The Portfolio may also invest in money market funds. The Portfolio will not shift the maturity of its investments in anticipation of interest rate movements.

The Inflation-Protected Portfolio may purchase or sell futures contracts and options on futures contracts, 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 Inflation-Protected Portfolio may lend its portfolio securities to generate additional income.

Read More

DIPSX - Performance

Return Ranking - Trailing

Period DIPSX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -4.0% 13.0% 19.70%
1 Yr 11.9% -3.8% 29.7% 16.75%
3 Yr -0.7%* -13.5% 4.8% 48.99%
5 Yr 2.6%* -6.5% 5.4% 47.12%
10 Yr 2.6%* -2.0% 3.4% 9.85%

* Annualized

Return Ranking - Calendar

Period DIPSX Return Category Return Low Category Return High Rank in Category (%)
2023 0.1% -8.7% 5.1% 63.18%
2022 -18.7% -52.3% -4.0% 88.38%
2021 0.5% -7.9% 7.7% 52.06%
2020 9.9% -29.4% 23.0% 14.66%
2019 6.3% 0.8% 16.7% 23.16%

Total Return Ranking - Trailing

Period DIPSX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -4.0% 13.0% 19.70%
1 Yr 11.9% -3.8% 29.7% 16.75%
3 Yr -0.7%* -13.5% 4.8% 48.99%
5 Yr 2.6%* -6.5% 5.4% 47.12%
10 Yr 2.6%* -2.0% 3.4% 9.85%

* Annualized

Total Return Ranking - Calendar

Period DIPSX Return Category Return Low Category Return High Rank in Category (%)
2023 3.9% -5.2% 9.5% 44.28%
2022 -12.2% -40.1% 9.2% 69.70%
2021 5.6% -2.7% 37.6% 39.18%
2020 11.7% -0.5% 27.5% 18.32%
2019 8.5% 2.8% 19.3% 18.42%

NAV & Total Return History


DIPSX - Holdings

Concentration Analysis

DIPSX Category Low Category High DIPSX % Rank
Net Assets 5.16 B 968 K 51.8 B 21.18%
Number of Holdings 23 2 1526 95.57%
Net Assets in Top 10 3.97 B 891 K 24.2 B 16.26%
Weighting of Top 10 76.94% 11.9% 100.0% 19.31%

Top 10 Holdings

  1. U.S. Treasury Inflation-Indexed Bonds 9.56%
  2. U.S. Treasury Inflation-Indexed Bonds 9.45%
  3. U.S. Treasury Inflation-Indexed Notes 9.44%
  4. U.S. Treasury Inflation-Indexed Bonds 9.15%
  5. U.S. Treasury Inflation-Indexed Bonds 8.26%
  6. U.S. Treasury Inflation-Indexed Bonds 8.13%
  7. U.S. Treasury Inflation-Indexed Bonds 7.52%
  8. U.S. Treasury Inflation-Indexed Bonds 6.31%
  9. U.S. Treasury Inflation-Indexed Notes 4.78%
  10. U.S. Treasury Inflation-Indexed Notes 4.35%

Asset Allocation

Weighting Return Low Return High DIPSX % Rank
Bonds
99.47% 0.00% 198.42% 28.08%
Cash
0.53% -42.00% 15.28% 59.61%
Stocks
0.00% 0.00% 100.03% 92.61%
Preferred Stocks
0.00% 0.00% 0.78% 94.58%
Other
0.00% -55.92% 68.12% 84.24%
Convertible Bonds
0.00% 0.00% 3.96% 97.04%

Bond Sector Breakdown

Weighting Return Low Return High DIPSX % Rank
Government
99.81% 6.70% 112.97% 7.88%
Cash & Equivalents
0.09% -0.08% 15.28% 66.50%
Derivative
0.00% -22.87% 13.49% 85.22%
Securitized
0.00% 0.00% 58.03% 99.01%
Corporate
0.00% 0.00% 50.64% 99.01%
Municipal
0.00% 0.00% 1.28% 93.60%

Bond Geographic Breakdown

Weighting Return Low Return High DIPSX % Rank
US
99.47% 0.00% 174.44% 24.63%
Non US
0.00% 0.00% 42.19% 97.04%

DIPSX - Expenses

Operational Fees

DIPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.11% 0.03% 22.29% 94.53%
Management Fee 0.09% 0.00% 0.99% 13.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% 0.94%

Sales Fees

DIPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DIPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

DIPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 0.00% 246.00% 1.03%

DIPSX - Distributions

Dividend Yield Analysis

DIPSX Category Low Category High DIPSX % Rank
Dividend Yield 2.91% 0.00% 14.25% 37.93%

Dividend Distribution Analysis

DIPSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

DIPSX Category Low Category High DIPSX % Rank
Net Income Ratio 4.58% -0.06% 6.71% 31.00%

Capital Gain Distribution Analysis

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

Distributions History

View More +

DIPSX - Fund Manager Analysis

Managers

David Plecha


Start Date

Tenure

Tenure Rank

Sep 18, 2006

15.71

15.7%

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.

Alan Hutchison


Start Date

Tenure

Tenure Rank

Feb 28, 2016

6.26

6.3%

Mr. Hutchison is a Portfolio Manager of Dimensional Fund Advisors LP. Mr. Hutchison holds an MBA from Drake University and a BBA from Texas Tech University. Mr. Hutchison joined Dimensional Fund Advisors LP in 2006, has been a portfolio manager since 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 20.51 6.55 11.1