DFA Tax Managed U.S. Targeted Value Portfolio follows a time-tested process and effectively curbs its tax bill. The fund’s upcoming ETF conversion should improve its tax efficiency, making it an excellent small-cap value strategy for tax-sensitive investors. It earns a Morningstar Analyst Rating of Silver.
Will DTMVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DTMVX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DTMVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DTMVX’s parent organization’s priorities and whether they’re in line with investors’ interests.