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Morningstar

DFA Selective State Municipal Bond Instl DSSMX

Morningstar Medalist Rating
Medalist Rating as of | See Dimensional Investment Hub
  • NAV / 1-Day Return 9.37  /  −0.11 %
  • Total Assets 415.3 Mil
  • Adj. Expense Ratio
    0.230%
  • Expense Ratio 0.230%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.84%
  • Effective Duration 3.34 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis DSSMX

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

  • People Pillar

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

DFA Selective State Municipal Bond Instl’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 DSSMX

More DSSMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SAN ANTONIO TEX ELEC & GAS REV 5%

1.66 6.3 Mil
municipal

WISCONSIN ST 5%

1.20 4.5 Mil
municipal

CONROE TEX INDPT SCH DIST 5%

1.10 4.1 Mil
municipal

WAUKEE IOWA CMNTY SCH DIST 5%

0.94 3.5 Mil
municipal

MADISON WIS MET SCH DIST 0%

0.90 3.4 Mil
Cash and Equivalents

ORLANDO FLA UTILS COMMN UTIL SYS REV 4%

0.88 3.3 Mil
municipal

CHICAGO ILL SALES TAX REV 5%

0.85 3.2 Mil
municipal

BlackRock Liquidity MuniCash Instl

0.83 3.1 Mil
Cash and Equivalents

KING CNTY WASH SWR REV 4%

0.80 3.0 Mil
municipal

HOUSTON TEX 5%

0.80 3.0 Mil
municipal