Morningstar

DFA Short-Term Selective State Municipal Bond Portfolio Institutional Class DFABX

Morningstar Medalist Rating
Medalist Rating as of | See Dimensional Investment Hub
  • NAV / 1-Day Return 9.98  /  0.00
  • Total Assets 192.7M
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.61%
  • Effective Duration 0.60 years

USD | NAV as of Jul 15, 2026 | 1-Day Return as of Jul 15, 2026, 12:11 AM GMT+0

Morningstar’s Analysis DFABX

Will DFABX 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 DFABX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DFABX 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 DFABX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

DFA ST Slctv Stt Muncpl Bd Ptf Instl holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings DFABX

More DFABX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CHARLOTTE-MECKLENBURG HOSP AUTH N C HEALTH CARE SYS REV 2.85%

2.28 4M
municipal

SUFFOLK CNTY N Y 4%

1.59 3M
Cash and Equivalents

UNION CNTY N J 4%

1.34 3M
municipal

ILLINOIS FIN AUTH REV 2.8%

1.27 2M
municipal

BROWARD CNTY FLA SCH DIST 4%

1.22 2M
Cash and Equivalents

FLORIDA ST BRD ED PUB ED 4%

1.07 2M
municipal

CLARK CNTY NEV 5%

0.96 2M
municipal

BROWARD CNTY FLA SCH BRD CTFS PARTN 5%

0.92 2M
Cash and Equivalents

MIAMI-DADE CNTY FLA SCH DIST 5%

0.89 2M
municipal

MATANUSKA-SUSITNA BORO ALASKA 5%

0.85 2M
municipal

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