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Morningstar

DFA Municipal Real Return Institutional DMREX

Morningstar Medalist Rating
Medalist Rating as of | See Dimensional Investment Hub
  • NAV / 1-Day Return 10.81  /  +0.09 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.240%
  • Expense Ratio 0.240%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.05%
  • Effective Duration 1.45 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:15 PM GMT+0

Morningstar’s Analysis DMREX

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

  • People Pillar

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

DFA Municipal Real Return Institutional’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DMREX

More DMREX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

819456124 Irs Usd R V 12muscpi Ruscpi.110924.Float Inflation

4.12 68.1 Mil
Government

914812449 Irs Usd R V 12muscpi Ruscpi.011225.Float Inflation

3.71 61.3 Mil
Government

921942169 Irs Usd R V 12muscpi Ruscpi.011825.Float Inflation

3.58 59.2 Mil
Government

135218038 Irs Usd R V 12muscpi Ruscpi.071826.Float Inflation

3.11 51.3 Mil
Government

906230217 Irs Usd R V 12muscpi Ruscpi.010825.Float Inflation

3.04 50.2 Mil
Government

753764054 Irs Usd R V 12muscpi Ruscpi.100224.Float Inflation

3.03 50.1 Mil
Government

878357282 Irs Usd R V 12muscpi Ruscpi.121824.Float.381827 In

3.03 50.1 Mil
Government

835878057 Irs Usd R V 12muscpi Ruscpi.112024.Float Inflation

2.43 40.1 Mil
Government

742316817 Irs Usd R V 12muscpi Ruscpi.092524.Float Inflation

2.24 37.0 Mil
Government

683289503 Irs Usd R V 12muscpi Ruscpi.082124.Float Inflation

2.07 34.2 Mil
Government