DCARX – DFA CA Municipal Real Return Instl Investment Strategy | Morningstar

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Strategy

The investment seeks to provide inflation protection and earn current income that is expected to be exempt from federal personal income taxes and California state personal income taxes. The fund seeks to achieve its investment objective by investing primarily in a universe of municipal securities, including inflation-protected municipal securities, issued by or on behalf of California state or local governments and their agencies, instrumentalities, and regional governmental authorities, and in derivative instruments to provide inflation protection.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DCARX	DFA California Municipal Real Return Portfolio Institutional Class	Institutional	Open			Nov 1, 2017	$397.72M	0.250%	Low	$0	$23.33M

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