Morningstar

DFA MN Municipal Bond Portfolio Institutional Class DMNBX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Dimensional Investment Hub
  • NAV / 1-Day Return $9.82  /  +0.20 %
  • Fund Size $32.7M
  • Adjusted Expense Ratio 0.300%
  • Net Expense Ratio 0.220%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Muni Minnesota
  • Fixed-Income Style Box (Funds) High/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 2.34%
  • Average Effective Duration 1.08 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis DMNBX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

DFA MN Municipal Bond Institutional 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DMNBX

More DMNBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MINNEAPOLIS MINN 3%

5.01 1M
municipal

HENNEPIN CNTY MINN 5%

3.48 1M
municipal

MINNEAPOLIS MINN 5.5%

2.89 836,125
municipal

METROPOLITAN COUNCIL MINN MINNEAPOLIS-ST PAUL MET AREA 5%

2.87 829,222
municipal

HENNEPIN CNTY MINN 5%

2.58 745,726
municipal

OSSEO MINN INDPT SCH DIST NO 279 5%

1.88 542,626
municipal

OSSEO MINN INDPT SCH DIST NO 279 5%

1.86 537,358
municipal

BURNSVILLE MINN 5%

1.82 526,551
municipal

LAKEVILLE MINN 5%

1.79 516,993
municipal

ROCHESTER MINN INDPT SCH DIST NO 535 5%

1.79 516,851
municipal

Sponsor Center