Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
1.5%
1 yr return
16.6%
3 Yr Avg Return
-13.4%
5 Yr Avg Return
-3.6%
Net Assets
$383 M
Holdings in Top 10
99.4%
Expense Ratio 0.13%
Front Load N/A
Deferred Load N/A
Turnover 39.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The DFA LTIP Portfolio seeks its investment objective by generally investing in a universe of long-term fixed income securities structured to provide protection against inflation. The Portfolio may invest in inflation-protected securities issued by the U.S. Government and its agencies and instrumentalities. The Portfolio also may invest in inflation-protected securities of other investment grade issuers (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”)) including foreign governments and U.S. and non-U.S. corporations. The fixed income securities in which the Portfolio invests are considered investment grade at the time of purchase.
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 DFA LTIP Portfolio will purchase long-term fixed income securities with maturities greater than ten years from the date of settlement, although at times, the Portfolio may purchase securities with shorter maturities. The Portfolio ordinarily will have a weighted average maturity, based upon market values, of greater than ten years.
The DFA LTIP Portfolio also may invest in securities issued by the U.S. Government and its agencies and instrumentalities and other investment grade issuers that do not provide inflation protection while attempting to protect for inflation by engaging in swaps, futures or other derivatives to hedge against the inflation risk associated with such securities. The Portfolio may also invest in money market funds. Because many of the LTIP Portfolio’s investments may be denominated in foreign currencies, the Portfolio may 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 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.
As a non-fundamental policy, under normal circumstances, at least 80% of the DFA LTIP Portfolio’s net assets will be invested in fixed income securities.
The DFA LTIP Portfolio is authorized to invest more than 25% of its total assets in Treasury bonds, bills and notes and obligations of U.S. government agencies and instrumentalities. The Portfolio will not shift the maturity of its investments in anticipation of interest rate movements.
The DFA LTIP Portfolio may lend its portfolio securities to generate additional income.
Period | DRXIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -7.3% | 11.5% | 98.52% |
1 Yr | 16.6% | -8.8% | 26.0% | 3.45% |
3 Yr | -13.4%* | -13.7% | 4.7% | 99.49% |
5 Yr | -3.6%* | -6.7% | 5.5% | 98.95% |
10 Yr | -0.2%* | -2.1% | 3.3% | 98.48% |
* Annualized
Period | DRXIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.7% | -8.7% | 5.1% | 99.00% |
2022 | -45.5% | -52.3% | -4.0% | 99.49% |
2021 | 1.7% | -7.9% | 7.7% | 29.38% |
2020 | 18.6% | -29.4% | 23.0% | 1.05% |
2019 | 16.7% | 0.8% | 16.7% | 0.53% |
Period | DRXIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -7.3% | 11.5% | 98.52% |
1 Yr | 16.6% | -8.8% | 26.0% | 3.45% |
3 Yr | -13.4%* | -13.7% | 4.7% | 99.49% |
5 Yr | -3.6%* | -6.7% | 5.5% | 98.95% |
10 Yr | -0.2%* | -2.1% | 3.3% | 98.48% |
* Annualized
Period | DRXIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.0% | -5.2% | 9.5% | 97.01% |
2022 | -40.1% | -40.1% | 9.2% | 100.00% |
2021 | 9.1% | -2.7% | 37.6% | 6.70% |
2020 | 26.8% | -0.5% | 27.5% | 1.57% |
2019 | 19.3% | 2.8% | 19.3% | 0.53% |
DRXIX | Category Low | Category High | DRXIX % Rank | |
---|---|---|---|---|
Net Assets | 383 M | 968 K | 51.8 B | 66.50% |
Number of Holdings | 4 | 2 | 1526 | 98.52% |
Net Assets in Top 10 | 381 M | 891 K | 24.2 B | 55.17% |
Weighting of Top 10 | 99.44% | 11.9% | 100.0% | 1.98% |
Weighting | Return Low | Return High | DRXIX % Rank | |
---|---|---|---|---|
Bonds | 99.44% | 0.00% | 198.42% | 29.56% |
Cash | 0.56% | -42.00% | 15.28% | 57.64% |
Stocks | 0.00% | 0.00% | 100.03% | 18.23% |
Preferred Stocks | 0.00% | 0.00% | 0.78% | 16.26% |
Other | 0.00% | -55.92% | 68.12% | 66.01% |
Convertible Bonds | 0.00% | 0.00% | 3.96% | 42.86% |
Weighting | Return Low | Return High | DRXIX % Rank | |
---|---|---|---|---|
Government | 99.44% | 6.70% | 112.97% | 10.34% |
Derivative | 0.00% | -22.87% | 13.49% | 66.50% |
Cash & Equivalents | 0.00% | -0.08% | 15.28% | 75.37% |
Securitized | 0.00% | 0.00% | 58.03% | 71.92% |
Corporate | 0.00% | 0.00% | 50.64% | 68.97% |
Municipal | 0.00% | 0.00% | 1.28% | 28.57% |
Weighting | Return Low | Return High | DRXIX % Rank | |
---|---|---|---|---|
US | 99.44% | 0.00% | 174.44% | 26.11% |
Non US | 0.00% | 0.00% | 42.19% | 45.32% |
DRXIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.13% | 0.03% | 22.29% | 93.03% |
Management Fee | 0.10% | 0.00% | 0.99% | 13.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | 0.80% |
DRXIX 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 |
DRXIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
DRXIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 39.00% | 0.00% | 246.00% | 39.18% |
DRXIX | Category Low | Category High | DRXIX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.10% | 0.00% | 14.25% | 0.99% |
DRXIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
DRXIX | Category Low | Category High | DRXIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.86% | -0.06% | 6.71% | 23.00% |
DRXIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.062 | OrdinaryDividend |
Jun 27, 2024 | $0.130 | OrdinaryDividend |
Dec 11, 2023 | $0.127 | OrdinaryDividend |
Sep 28, 2023 | $0.114 | OrdinaryDividend |
Jun 29, 2023 | $0.111 | OrdinaryDividend |
Mar 30, 2023 | $0.011 | OrdinaryDividend |
Dec 12, 2022 | $0.072 | OrdinaryDividend |
Sep 29, 2022 | $0.300 | OrdinaryDividend |
Jun 29, 2022 | $0.269 | OrdinaryDividend |
Mar 30, 2022 | $0.086 | OrdinaryDividend |
Dec 13, 2021 | $0.114 | OrdinaryDividend |
Dec 13, 2021 | $0.269 | CapitalGainLongTerm |
Sep 29, 2021 | $0.239 | OrdinaryDividend |
Jun 29, 2021 | $0.188 | OrdinaryDividend |
Mar 30, 2021 | $0.025 | OrdinaryDividend |
Dec 14, 2020 | $0.069 | OrdinaryDividend |
Dec 14, 2020 | $0.024 | CapitalGainShortTerm |
Dec 14, 2020 | $0.625 | CapitalGainLongTerm |
Sep 29, 2020 | $0.067 | OrdinaryDividend |
Mar 30, 2020 | $0.033 | OrdinaryDividend |
Dec 16, 2019 | $0.041 | OrdinaryDividend |
Sep 27, 2019 | $0.071 | OrdinaryDividend |
Jun 27, 2019 | $0.110 | OrdinaryDividend |
Dec 17, 2018 | $0.039 | OrdinaryDividend |
Dec 17, 2018 | $0.041 | CapitalGainLongTerm |
Sep 27, 2018 | $0.087 | OrdinaryDividend |
Jun 28, 2018 | $0.115 | OrdinaryDividend |
Dec 14, 2017 | $0.133 | OrdinaryDividend |
Sep 28, 2017 | $0.034 | OrdinaryDividend |
Jun 29, 2017 | $0.082 | OrdinaryDividend |
Mar 30, 2017 | $0.043 | OrdinaryDividend |
Dec 14, 2016 | $0.078 | OrdinaryDividend |
Dec 14, 2016 | $0.007 | CapitalGainShortTerm |
Sep 29, 2016 | $0.062 | OrdinaryDividend |
Jun 29, 2016 | $0.090 | OrdinaryDividend |
Sep 09, 2015 | $0.065 | OrdinaryDividend |
Dec 15, 2014 | $0.001 | OrdinaryDividend |
Sep 09, 2014 | $0.103 | OrdinaryDividend |
Jun 09, 2014 | $0.227 | OrdinaryDividend |
Dec 11, 2013 | $0.028 | OrdinaryDividend |
Sep 10, 2013 | $0.037 | OrdinaryDividend |
Jun 10, 2013 | $0.079 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Mar 07, 2012
10.24
10.2%
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.
Start Date
Tenure
Tenure Rank
Mar 07, 2012
10.24
10.2%
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.
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.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 20.51 | 6.55 | 11.1 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...