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 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
1.8%
1 yr return
11.4%
3 Yr Avg Return
-3.1%
5 Yr Avg Return
-2.2%
Net Assets
$988 M
Holdings in Top 10
48.1%
Expense Ratio 0.20%
Front Load N/A
Deferred Load N/A
Turnover 31.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The World ex U.S. Government Portfolio seeks its investment objective by investing in a universe of obligations issued or guaranteed primarily by non-U.S. government issuers, their agencies and instrumentalities and supranational organizations having investment grade credit ratings 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”)). The Advisor expects that the Portfolio will primarily invest in the obligations of issuers that are in developed countries. The Advisor selects the Portfolio’s foreign country and currency compositions based on an evaluation of various factors, including, but not limited to, relative interest rates and exchange rates. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in fixed income securities issued or guaranteed by foreign governments or their authorities, agencies, instrumentalities or political subdivisions.
Generally, the World ex U.S. Government Portfolio will purchase fixed income securities that mature between five and fifteen years from the date of settlement. Under normal circumstances, the Portfolio will generally maintain a weighted average duration of no more than one quarter year greater than, and no less than one year below, the weighted average duration of the FTSE Non-USD World Government Bond Index, Currency-Hedged in USD Terms, which was approximately 8.19 years as of December 31, 2023. From time to time, the Portfolio may deviate from this duration range when the Advisor determines it to be appropriate under the circumstances. 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.
Because many of the World ex U.S. Government Portfolio’s investments may be denominated in foreign currencies, the Portfolio 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 may also invest in money market funds. The Portfolio may purchase or sell futures contracts and options on futures contracts, to hedge its currency exposure or 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 World ex U.S. Government Portfolio is “non-diversified,” which means that the Portfolio may invest its assets in a smaller number of issuers than a diversified fund.
The World ex U.S. Government Portfolio may lend its portfolio securities to generate additional income.
Period | DWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -15.2% | -2.4% | 83.08% |
1 Yr | 11.4% | -10.4% | -2.5% | 95.42% |
3 Yr | -3.1%* | -1.2% | 4.2% | 96.61% |
5 Yr | -2.2%* | -0.1% | 3.7% | 77.32% |
10 Yr | 1.6%* | 0.0% | 4.6% | 31.94% |
* Annualized
Period | DWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -9.4% | -0.6% | 79.84% |
2022 | -18.9% | -1.3% | 7.0% | 28.32% |
2021 | -6.3% | 0.5% | 200.9% | 75.23% |
2020 | 4.6% | -15.5% | 3.1% | 49.00% |
2019 | 4.1% | -0.6% | 30.6% | 35.90% |
Period | DWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -15.2% | -2.4% | 82.31% |
1 Yr | 11.4% | -12.6% | -2.5% | 85.50% |
3 Yr | -3.1%* | -1.6% | 4.2% | 94.07% |
5 Yr | -2.2%* | -0.1% | 3.7% | 70.10% |
10 Yr | 1.6%* | 0.0% | 4.6% | 30.56% |
* Annualized
Period | DWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.0% | -9.4% | -0.6% | 79.84% |
2022 | -18.9% | -1.3% | 7.0% | 28.32% |
2021 | -4.6% | 0.5% | 200.9% | 75.23% |
2020 | 6.4% | -15.5% | 3.3% | 1.00% |
2019 | 8.5% | 0.1% | 30.6% | 46.15% |
DWFIX | Category Low | Category High | DWFIX % Rank | |
---|---|---|---|---|
Net Assets | 988 M | 21.8 M | 93.5 B | 41.22% |
Number of Holdings | 92 | 5 | 7040 | 95.45% |
Net Assets in Top 10 | 475 M | -839 M | 6.06 B | 17.42% |
Weighting of Top 10 | 48.05% | 6.1% | 100.0% | 16.67% |
Weighting | Return Low | Return High | DWFIX % Rank | |
---|---|---|---|---|
Bonds | 98.96% | 36.86% | 100.73% | 3.03% |
Cash | 1.27% | -2.75% | 67.17% | 90.91% |
Stocks | 0.00% | 0.00% | 0.70% | 34.85% |
Preferred Stocks | 0.00% | 0.00% | 0.73% | 29.55% |
Convertible Bonds | 0.00% | 0.00% | 14.16% | 97.73% |
Other | -0.23% | -8.93% | 0.72% | 15.91% |
Weighting | Return Low | Return High | DWFIX % Rank | |
---|---|---|---|---|
Government | 41.25% | 1.71% | 97.31% | 28.03% |
Corporate | 1.67% | 0.00% | 70.79% | 97.73% |
Cash & Equivalents | 0.00% | 0.00% | 51.02% | 13.64% |
Securitized | 0.00% | 0.00% | 29.11% | 91.67% |
Municipal | 0.00% | 0.00% | 3.10% | 43.18% |
Derivative | -0.23% | 0.00% | 50.79% | 21.97% |
Weighting | Return Low | Return High | DWFIX % Rank | |
---|---|---|---|---|
Non US | 97.07% | 26.05% | 98.85% | 3.79% |
US | 1.89% | -11.86% | 53.57% | 81.06% |
DWFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.20% | 0.02% | 1.81% | 88.28% |
Management Fee | 0.16% | 0.00% | 0.83% | 12.88% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | 0.60% |
DWFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
DWFIX 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.
DWFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 2.00% | 402.00% | 25.23% |
DWFIX | Category Low | Category High | DWFIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.57% | 0.00% | 2.20% | 43.18% |
DWFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Monthly |
DWFIX | Category Low | Category High | DWFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.70% | -0.30% | 3.10% | 80.92% |
DWFIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.135 | OrdinaryDividend |
Dec 11, 2023 | $0.226 | OrdinaryDividend |
Sep 28, 2023 | $0.155 | OrdinaryDividend |
Dec 12, 2022 | $0.000 | OrdinaryDividend |
Dec 13, 2021 | $0.089 | OrdinaryDividend |
Dec 13, 2021 | $0.098 | CapitalGainLongTerm |
Dec 14, 2020 | $0.091 | OrdinaryDividend |
Dec 14, 2020 | $0.023 | CapitalGainShortTerm |
Dec 14, 2020 | $0.067 | CapitalGainLongTerm |
Dec 16, 2019 | $0.330 | OrdinaryDividend |
Dec 16, 2019 | $0.017 | CapitalGainShortTerm |
Dec 16, 2019 | $0.093 | CapitalGainLongTerm |
Dec 17, 2018 | $0.725 | OrdinaryDividend |
Dec 17, 2018 | $0.039 | CapitalGainLongTerm |
Dec 14, 2017 | $0.017 | OrdinaryDividend |
Dec 14, 2016 | $0.252 | OrdinaryDividend |
Dec 14, 2016 | $0.017 | CapitalGainShortTerm |
Dec 14, 2016 | $0.007 | CapitalGainLongTerm |
Dec 15, 2015 | $0.705 | OrdinaryDividend |
Dec 15, 2015 | $0.012 | CapitalGainLongTerm |
Dec 15, 2014 | $0.691 | OrdinaryDividend |
Dec 15, 2014 | $0.015 | CapitalGainShortTerm |
Dec 15, 2014 | $0.036 | CapitalGainLongTerm |
Sep 09, 2014 | $0.048 | OrdinaryDividend |
Jun 09, 2014 | $0.048 | OrdinaryDividend |
Mar 10, 2014 | $0.114 | OrdinaryDividend |
Dec 11, 2013 | $0.131 | OrdinaryDividend |
Dec 11, 2013 | $0.003 | CapitalGainShortTerm |
Jun 10, 2013 | $0.051 | OrdinaryDividend |
Mar 08, 2013 | $0.001 | OrdinaryDividend |
Dec 12, 2012 | $0.122 | OrdinaryDividend |
Dec 12, 2012 | $0.102 | CapitalGainShortTerm |
Sep 10, 2012 | $0.037 | OrdinaryDividend |
Jun 08, 2012 | $0.041 | OrdinaryDividend |
Dec 13, 2011 | $0.025 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 06, 2011
10.49
10.5%
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
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.
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
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 |
---|---|---|---|
0.12 | 31.42 | 5.43 | 0.92 |
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