Morningstar

DFA California Municipal Real Return Portfolio Institutional Class DCARX

Morningstar Medalist Rating
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Medalist Rating as of See Dimensional Investment Hub
  • NAV / 1-Day Return $10.70  /  +0.19 %
  • Fund Size $407.5M
  • Adjusted Expense Ratio 0.250%
  • Net Expense Ratio 0.250%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Muni California Intermediate
  • Fixed-Income Style Box (Funds) High/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 2.30%
  • Average Effective Duration 1.25 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis DCARX

Will DCARX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DCARX’s performance objective and investment process is for both security selection and portfolio construction.

  • 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

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.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings DCARX

More DCARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

138319541 Irs Usd R V 12muscpi Rcpurnsa.123126.Float Inflati

7.25 29M
Government

250793159 Irs Usd R V 12muscpi Rcpurnsa.030527.Float Inflati

6.50 26M
Government

231783870 Irs Usd R V 12muscpi Rcpurnsa.022427.Float Inflati

5.76 23M
Government

201673931 Irs Usd R V 12muscpi Rcpurnsa.020927.Float Inflati

5.00 20M
Government

171770616 Irs Usd R V 12muscpi Rcpurnsa.012327.Float Inflati

5.00 20M
Government

032534518 Irs Usd R V 12muscpi Rcpurnsa.102427.Float Inflati

3.98 16M
Government

185206002 Irs Usd R V 12muscpi Inflationzero

3.25 13M
Government

751713978 Irs Usd R V 12muscpi Ruscpi.051527.Float Inflation

3.23 13M
Government

877347317 Irs Usd R V 12muscpi Ruscpi.072427.Float Inflation

3.22 13M
Government

890814878 Irs Usd R V 12muscpi Ruscpi.080127.Float.404465 In

3.22 13M
Government

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