Morningstar

DFA California Short Term Municipal Bond Portfolio Institutional Class DFCMX

Morningstar Medalist Rating
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Medalist Rating as of See Dimensional Investment Hub
  • NAV / 1-Day Return $10.14  /  0.00
  • Fund Size $902.4M
  • Adjusted Expense Ratio 0.190%
  • Net Expense Ratio 0.190%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Muni Single State Short
  • Fixed-Income Style Box (Funds) High/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 2.44%
  • Average Effective Duration 0.86 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis DFCMX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

DFA CA Short-Term Municipal Bond I 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 DFCMX

More DFCMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOS ANGELES CNTY CALIF 5%

3.29 31M
municipal

LOS ANGELES CALIF 5%

2.87 27M
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.35%

2.42 23M
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV VRDO IAM COML PAPER 3/A2 SER 2009

1.89 18M
Cash and Equivalents

SANTA CRUZ CNTY CALIF 5%

1.82 17M
municipal

RIVERSIDE CNTY CALIF 5%

1.28 12M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 2.25%

1.23 12M
municipal

UNIVERSITY CALIF REVS 2.35%

1.21 12M
municipal

CALIFORNIA ST 5%

1.21 12M
municipal

CALIFORNIA ST 5%

1.20 11M
municipal

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