Morningstar

DFA Investment Grade Portfolio Institutional Class Shares DFAPX

Morningstar Medalist Rating
Medalist Rating as of | See Dimensional Investment Hub
  • NAV / 1-Day Return 10.01  /  −0.30 %
  • Total Assets 12.6B
  • Adj. Expense Ratio
    0.190%
  • Expense Ratio 0.190%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.02%
  • Effective Duration 6.10 years

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis DFAPX

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

  • People Pillar

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

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

A compelling core bond holding. Dimensional Core Fixed Income ETF consistently taps into credit and duration risks when they’re likely to be rewarded to build an edge over its Morningstar Category peers. This cost-conscious systematic bond exchange-traded fund earns an Average People rating and an Above Average Process rating.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings DFAPX

More DFAPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

New Zealand(Govt) 4.5%

2.59 377M
Government

DFA Short Term Investment

2.28 332M
Cash and Equivalents

Nzd260602

1.60 234M
Derivative

Federal National Mortgage Association 0.875%

1.26 183M
Government

United States Treasury Notes 3.72597%

1.22 178M
Government

United States Treasury Notes 3.78797%

1.20 174M
Government

United States Treasury Notes 3.78697%

1.17 170M
Government

United States Treasury Notes 3.83297%

1.17 170M
Government

United States Treasury Notes 3.80997%

1.17 170M
Cash and Equivalents

United States Treasury Notes 3.81797%

1.11 162M
Government

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