DFA CA Municipal Real Return Instl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
DFA California Municipal Real Return Portfolio Institutional Class DCARX
- NAV / 1-Day Return 10.71 / −0.09 %
- Total Assets 397.0M
-
Adj. Expense Ratio
0.250%
- Expense Ratio 0.250%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Muni California Intermediate
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 0
- Status Open
- TTM Yield 2.33%
- Effective Duration 1.21 years
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 9:14 PM GMT+0
Morningstar’s Analysis DCARX
Will DCARX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the DCARX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of DCARX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
138319541 Irs Usd R V 12muscpi Rcpurnsa.123126.Float Inflati | 7.39 | 29M | Government |
250793159 Irs Usd R V 12muscpi Rcpurnsa.030527.Float Inflati | 6.62 | 26M | Government |
231783870 Irs Usd R V 12muscpi Rcpurnsa.022427.Float Inflati | 5.87 | 23M | Government |
201673931 Irs Usd R V 12muscpi Rcpurnsa.020927.Float Inflati | 5.10 | 20M | Government |
171770616 Irs Usd R V 12muscpi Rcpurnsa.012327.Float Inflati | 5.10 | 20M | Government |
032534518 Irs Usd R V 12muscpi Rcpurnsa.102427.Float Inflati | 4.06 | 16M | Government |
185206002 Irs Usd R V 12muscpi Rcpurnsa.013027.Float.408732 | 3.31 | 13M | Government |
751713978 Irs Usd R V 12muscpi Ruscpi.051527.Float Inflation | 3.29 | 13M | Government |
877347317 Irs Usd R V 12muscpi Ruscpi.072427.Float Inflation | 3.29 | 13M | Government |
890814878 Irs Usd R V 12muscpi Ruscpi.080127.Float.404465 In | 3.29 | 13M | Government |
United States