DMNBX – DFA MN Municipal Bond Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks to provide current income that is expected to be exempt from federal personal income taxes and Minnesota state personal income taxes. The fund seeks its investment objective by investing primarily in a universe of municipal securities issued by or on behalf of Minnesota state or local governments and their agencies, instrumentalities and regional governmental authorities, the interest on which is exempt from regular federal income tax and the state personal income tax of Minnesota. It invests in municipal and other fixed income securities that have an investment grade credit rating. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DMNBX	DFA MN Municipal Bond Portfolio Institutional Class	Institutional	Open			Jul 25, 2017	$29.39M	0.300%	Low	$0	−$4.74M

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