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Dfa Investment Dimensions Group Inc - Dimensional 2020 Target Date Retirement Class Income Fund Inst Class
mutual fund
DRIRX
Payout Change
Pending
Price as of:
$10.53
+0.05
+0.48%
primary theme
Target-Date 2020
share class
DRIRX (Mutual Fund)
Dfa Investment Dimensions Group Inc - Dimensional 2020 Target Date Retirement Class Income Fund Inst Class
Payout Change
Pending
Price as of:
$10.53
+0.05
+0.48%
primary theme
Target-Date 2020
share class
DRIRX (Mutual Fund)
Dfa Investment Dimensions Group Inc - Dimensional 2020 Target Date Retirement Class Income Fund Inst Class
Payout Change
Pending
Price as of:
$10.53
+0.05
+0.48%
primary theme
Target-Date 2020
share class
Name
As of 11/29/2023Price
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
Dfa Investment Dimensions Group Inc - Dimensional 2020 Target Date Retirement Class Income Fund Inst Class
DRIRX | Fund
$10.53
$118 M
4.34%
$0.45
0.20%
Vitals
YTD Return
3.5%
1 yr return
2.9%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
4.5%
Net Assets
$118 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$10.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/29/2023Price
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
Dfa Investment Dimensions Group Inc - Dimensional 2020 Target Date Retirement Class Income Fund Inst Class
DRIRX | Fund
$10.53
$118 M
4.34%
$0.45
0.20%
DRIRX - Profile
Distributions
- YTD Total Return 3.5%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.60%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDfa Investment Dimensions Group Inc - Dimensional 2020 Target Date Retirement Class Income Fund Inst Class
-
Fund Family NameDimensional Fund Advisors
-
Inception DateNov 02, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJed Fogdall
Fund Description
DRIRX - Performance
Return Ranking - Trailing
| Period | DRIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.5% | 3.5% | 10.5% | 100.00% |
| 1 Yr | 2.9% | -3.1% | 7.8% | 94.41% |
| 3 Yr | -1.4%* | -2.4% | 3.0% | 97.01% |
| 5 Yr | 4.5%* | 0.7% | 6.6% | 61.60% |
| 10 Yr | N/A* | 2.7% | 5.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | DRIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -23.2% | -32.2% | -12.0% | 86.01% |
| 2021 | 2.4% | -29.7% | 12.0% | 26.87% |
| 2020 | 12.6% | -12.1% | 12.6% | 0.75% |
| 2019 | 12.7% | -0.2% | 15.6% | 26.40% |
| 2018 | -7.5% | -16.8% | -5.1% | 26.36% |
Total Return Ranking - Trailing
| Period | DRIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.5% | 3.5% | 10.5% | 100.00% |
| 1 Yr | 2.9% | -3.1% | 7.8% | 94.41% |
| 3 Yr | -1.4%* | -2.4% | 3.0% | 97.01% |
| 5 Yr | 4.5%* | 0.7% | 6.6% | 61.60% |
| 10 Yr | N/A* | 2.7% | 5.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | DRIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -17.6% | -23.3% | -11.0% | 96.50% |
| 2021 | 10.1% | 4.1% | 16.5% | 26.12% |
| 2020 | 16.1% | -6.0% | 16.1% | 0.75% |
| 2019 | 15.6% | 12.6% | 21.7% | 80.80% |
| 2018 | -5.2% | -8.6% | -2.4% | 80.91% |
NAV & Total Return History
DRIRX - Holdings
Concentration Analysis
| DRIRX | Category Low | Category High | DRIRX % Rank | |
|---|---|---|---|---|
| Net Assets | 118 M | 1.07 M | 37.8 B | 77.08% |
| Number of Holdings | 9 | 7 | 571 | 93.75% |
| Net Assets in Top 10 | 121 M | 1.07 M | 40 B | 76.39% |
| Weighting of Top 10 | 99.95% | 50.1% | 108.5% | 2.78% |
Top 10 Holdings
- DFA Inflation-Protected Securities I 61.51%
- DFA LTIP Institutional 14.53%
- DFA US Core Equity 1 I 8.16%
- DFA US Large Company I 8.15%
- DFA Large Cap International I 3.57%
- DFA Emerging Markets Core Equity I 2.23%
- DFA International Core Equity I 1.78%
Asset Allocation
| Weighting | Return Low | Return High | DRIRX % Rank | |
|---|---|---|---|---|
| Bonds | 75.85% | 0.00% | 75.85% | 0.69% |
| Stocks | 23.69% | 0.00% | 101.46% | 86.81% |
| Cash | 0.46% | 0.00% | 35.78% | 37.50% |
| Preferred Stocks | 0.01% | 0.00% | 0.04% | 1.39% |
| Other | 0.00% | -0.05% | 3.94% | 76.39% |
| Convertible Bonds | 0.00% | 0.00% | 1.38% | 100.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DRIRX % Rank | |
|---|---|---|---|---|
| Technology | 19.46% | 13.94% | 23.92% | 20.42% |
| Financial Services | 14.98% | 12.26% | 19.15% | 54.23% |
| Healthcare | 11.73% | 10.66% | 15.12% | 78.17% |
| Industrials | 11.56% | 8.53% | 12.76% | 25.35% |
| Consumer Cyclical | 11.17% | 7.73% | 13.31% | 42.96% |
| Consumer Defense | 7.63% | 4.92% | 10.96% | 14.08% |
| Communication Services | 7.50% | 5.56% | 9.97% | 30.99% |
| Basic Materials | 5.95% | 3.04% | 7.27% | 27.46% |
| Energy | 5.19% | 2.44% | 8.11% | 37.32% |
| Utilities | 2.96% | 1.91% | 7.99% | 44.37% |
| Real Estate | 1.87% | 1.87% | 16.02% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DRIRX % Rank | |
|---|---|---|---|---|
| US | 16.12% | 0.00% | 101.46% | 86.81% |
| Non US | 7.57% | 0.00% | 13.95% | 2.08% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | DRIRX % Rank | |
|---|---|---|---|---|
| Government | 99.39% | 21.49% | 99.39% | 0.69% |
| Cash & Equivalents | 0.60% | 0.00% | 62.69% | 34.72% |
| Corporate | 0.01% | 0.01% | 46.14% | 100.00% |
| Derivative | 0.00% | -0.05% | 0.34% | 72.22% |
| Securitized | 0.00% | 0.00% | 30.82% | 100.00% |
| Municipal | 0.00% | 0.00% | 1.32% | 100.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | DRIRX % Rank | |
|---|---|---|---|---|
| US | 75.85% | 0.00% | 75.85% | 0.69% |
| Non US | 0.00% | 0.00% | 2.00% | 97.92% |
DRIRX - Expenses
Operational Fees
| DRIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.20% | 0.06% | 24.30% | 95.10% |
| Management Fee | 0.00% | 0.00% | 0.62% | 28.67% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.28% | 2.67% |
Sales Fees
| DRIRX 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% | 1.00% | N/A |
Trading Fees
| DRIRX 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.
| DRIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 5.00% | 137.00% | N/A |
DRIRX - Distributions
Dividend Yield Analysis
| DRIRX | Category Low | Category High | DRIRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.34% | 0.00% | 3.71% | 97.92% |
Dividend Distribution Analysis
| DRIRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| DRIRX | Category Low | Category High | DRIRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.60% | 0.16% | 3.78% | 2.13% |
Capital Gain Distribution Analysis
| DRIRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 30, 2022 | $0.285 | OrdinaryDividend |
| Jun 30, 2022 | $0.256 | OrdinaryDividend |
| Mar 31, 2022 | $0.089 | OrdinaryDividend |
| Sep 30, 2021 | $0.212 | OrdinaryDividend |
| Jun 30, 2021 | $0.175 | OrdinaryDividend |
| Mar 31, 2021 | $0.023 | OrdinaryDividend |
| Sep 30, 2020 | $0.059 | OrdinaryDividend |
| Jun 30, 2020 | $0.015 | OrdinaryDividend |
| Mar 31, 2020 | $0.034 | OrdinaryDividend |
| Dec 18, 2019 | $0.064 | OrdinaryDividend |
| Sep 30, 2019 | $0.074 | OrdinaryDividend |
| Jun 28, 2019 | $0.103 | OrdinaryDividend |
| Mar 29, 2019 | $0.009 | OrdinaryDividend |
| Sep 28, 2018 | $0.082 | OrdinaryDividend |
| Jun 29, 2018 | $0.101 | OrdinaryDividend |
| Mar 29, 2018 | $0.004 | OrdinaryDividend |
| Sep 29, 2017 | $0.029 | OrdinaryDividend |
| Jun 30, 2017 | $0.080 | OrdinaryDividend |
| Mar 31, 2017 | $0.035 | OrdinaryDividend |
| Sep 30, 2016 | $0.045 | OrdinaryDividend |
| Jun 30, 2016 | $0.072 | OrdinaryDividend |
| Mar 31, 2016 | $0.018 | OrdinaryDividend |
| Dec 17, 2015 | $0.021 | OrdinaryDividend |
DRIRX - Fund Manager Analysis
Managers
Jed Fogdall
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
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.
Allen Pu
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
Allen Pu is Deputy Head of Portfolio Management, North America, a member of the Investment Commit- tee, Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Pu joined Dimensional as a Portfolio Manager in 2006. Mr. Pu has an M.B.A. from the University of California, Los Angeles, an M.S. and Ph.D. from Caltech, and a B.S. from Cooper Union for the Advancement of Science and Art.
David Plecha
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
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
Nov 02, 2015
6.58
6.6%
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.
Mary Phillips
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
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.
Ashish Bhagwanjee
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
Mr. Bhagwanjee is a Vice President and Senior Portfolio Manager of the Dimensional Fund Advisors LP. Mr. Bhagwanjee holds an MBA from the University of Chicago and a BS from Purdue University. Mr. Bhagwanjee joined the Dimensional in 2014, has been a portfolio manager since 2017.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 16.18 | 5.89 | 2.41 |
