The Dimensional Target Date Retirement Income series diverges sharply from peers in design. Its approach requires complete commitment, especially when its distinctions are most evident. Its solution to the problem of retirees needing decades of income is rational, but its demands on shareowners are high, driving a Morningstar Analyst Rating of Neutral.
Dimensional 2030 Target Dt Rtr Inc Instl DRIWX
NAV / 1-Day Return
12.93
/
0.39
%
Total Assets
184.5 Mil
Adj. Expense Ratio
0.210%
Expense Ratio
0.210%
Fee Level
Low
Longest Manager Tenure
6.79
years
Category
Target-Date 2030
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
High / ExtensiveStatus
Open
TTM Yield
4.12%
Turnover
—
Morningstar’s Fund Analysis DRIWX
Will DRIWX 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 DRIWX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DRIWX 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 DRIWX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This iconoclastic target-date series is different to its core.
