Morningstar

DFA California Short Term Municipal Bond Portfolio Institutional Class DFCMX

Morningstar Medalist Rating
Medalist Rating as of | See Dimensional Investment Hub
  • NAV / 1-Day Return 10.22  /  0.00
  • Total Assets 910.0M
  • Adj. Expense Ratio
    0.190%
  • Expense Ratio 0.190%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni Single State Short
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.48%
  • Effective Duration 0.80 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 12:11 AM GMT+0

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 10.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RIVERSIDE CNTY CALIF 5%

1.84 16M
Cash and Equivalents

SAN DIEGO CNTY CALIF 5%

1.78 16M
municipal

SAN DIEGO CNTY & SCH DIST NT PARTNS 5%

1.72 15M
municipal

BERKELEY CALIF 4%

1.59 14M
municipal

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

1.48 13M
Cash and Equivalents

CALIFORNIA ST 5%

1.28 11M
municipal

LOS ANGELES CNTY CALIF 5%

1.28 11M
Cash and Equivalents

PAJARO VALLEY CALIF UNI SCH DIST 5%

1.26 11M
municipal

SAN DIEGO CALIF UNI SCH DIST 5%

1.26 11M
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.16 10M
municipal

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