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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.09

$9.35 B

10.10%

$1.02

0.21%

Vitals

YTD Return

1.3%

1 yr return

4.9%

3 Yr Avg Return

-0.6%

5 Yr Avg Return

0.4%

Net Assets

$9.35 B

Holdings in Top 10

19.4%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.21%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 126.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.09

$9.35 B

10.10%

$1.02

0.21%

DFGBX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return -0.6%
  • 5 Yr Annualized Total Return 0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.39%
DIVIDENDS
  • Dividend Yield 10.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO
  • Fund Family Name
    Dimensional Fund Advisors
  • Inception Date
    Jan 08, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Plecha

Fund Description

The Five-Year Global Portfolio seeks to achieve its investment objective by generally investing in a universe of U.S. and foreign debt securities maturing in five years or less from the date of settlement. The Portfolio primarily invests in obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, corporate debt obligations, bank obligations, commercial paper, repurchase agreements, money market funds, securities of domestic or foreign issuers denominated in U.S. dollars but not trading in the United States, and obligations of supranational organizations. Dimensional Fund Advisors LP (the “Advisor”) expects that the Portfolio

will primarily invest in the obligations of issuers that are in developed countries. The Advisor selects the Portfolio's foreign country and currency compositions based on an evaluation of various factors, including, but not limited to, relative interest rates and exchange rates. The fixed income securities in which the Portfolio invests are considered investment grade at the time of purchase (e.g., rated AAA to BBB- by S&P Global Ratings (“S&P”) or Fitch Ratings Ltd. (“Fitch”) or Aaa to Baa3 by Moody’s Investor’s Service, Inc. (“Moody’s”)). The Portfolio intends to invest its assets to gain exposure to at least three different countries, including the United States. Under normal circumstances, the Portfolio invests at least 30% of its net assets in non-U.S. issuers. As of the date of the Prospectus, the Portfolio invests approximately 23% of its net assets in U.S. issuers. This percentage will change due to market conditions. An issuer may be considered to be of a country if it is organized under the laws of, maintains its principal place of business in, has at least 50% of its assets or derives at least 50% of its operating income in, or is a government, government agency, instrumentality or central bank of, that country. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in fixed income securities that mature within five years from the date of settlement.

It is the policy of the Five-Year Global Portfolio that the weighted average maturity of investments will not exceed five years. In making purchase decisions, if the expected term premium is greater for longer-term securities in the eligible maturity range, the Advisor will focus investment in the longer-term area, otherwise, the Portfolio will focus investment in the shorter-term area of the eligible maturity range. The Portfolio is authorized to invest more than 25% of its total assets in U.S. Treasury bonds, bills and notes and obligations of federal agencies and instrumentalities. Because many of the Portfolio’s investments may be denominated in foreign currencies, the Portfolio may also enter into foreign currency forward contracts to attempt to protect against uncertainty in the level of future foreign currency rates, to hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another. The Portfolio may purchase or sell futures contracts and options on futures contracts, to hedge its currency exposure or to hedge its interest rate exposure or for non-hedging purposes, such as a substitute for direct investment or to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

The Five-Year Global Portfolio may lend its portfolio securities to generate additional income.

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DFGBX - Performance

Return Ranking - Trailing

Period DFGBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -15.2% -2.4% 11.54%
1 Yr 4.9% -10.4% -2.5% 87.02%
3 Yr -0.6%* -1.2% 4.2% 97.46%
5 Yr 0.4%* -0.1% 3.7% 96.91%
10 Yr 1.3%* 0.0% 4.6% 81.94%

* Annualized

Return Ranking - Calendar

Period DFGBX Return Category Return Low Category Return High Rank in Category (%)
2023 1.3% -9.4% -0.6% 3.23%
2022 -8.1% -1.3% 7.0% 96.46%
2021 -1.7% 0.5% 200.9% 90.83%
2020 1.5% -15.5% 3.1% 41.00%
2019 1.7% -0.6% 30.6% 98.72%

Total Return Ranking - Trailing

Period DFGBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -15.2% -2.4% 8.46%
1 Yr 4.9% -12.6% -2.5% 71.76%
3 Yr -0.6%* -1.6% 4.2% 94.92%
5 Yr 0.4%* -0.1% 3.7% 95.88%
10 Yr 1.3%* 0.0% 4.6% 80.56%

* Annualized

Total Return Ranking - Calendar

Period DFGBX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% -9.4% -0.6% 3.23%
2022 -6.6% -1.3% 7.0% 96.46%
2021 -1.0% 0.5% 200.9% 90.83%
2020 1.5% -15.5% 3.3% 51.00%
2019 4.0% 0.1% 30.6% 64.10%

NAV & Total Return History


DFGBX - Holdings

Concentration Analysis

DFGBX Category Low Category High DFGBX % Rank
Net Assets 9.35 B 21.8 M 93.5 B 12.21%
Number of Holdings 364 5 7040 79.55%
Net Assets in Top 10 1.87 B -839 M 6.06 B 6.82%
Weighting of Top 10 19.41% 6.1% 100.0% 66.67%

Top 10 Holdings

  1. U.S. Treasury Floating Rate Notes 6.63%
  2. Ireland Government Bonds 1.58%
  3. Inter-American Development Bank 1.55%
  4. Asian Development Bank 1.55%
  5. Toronto-Dominion Bank 1.55%
  6. Royal Bank of Canada 1.53%
  7. U.S. Treasury Floating Rate Notes 1.50%
  8. Amazon.com, Inc. 1.23%
  9. U.K. Treasury Bills 1.15%
  10. Landeskreditbank Baden-Wuerttemberg Foerderbank 1.14%

Asset Allocation

Weighting Return Low Return High DFGBX % Rank
Bonds
70.94% 36.86% 100.73% 77.27%
Cash
28.79% -2.75% 67.17% 21.21%
Convertible Bonds
2.06% 0.00% 14.16% 53.79%
Other
0.22% -8.93% 0.72% 58.33%
Stocks
0.05% 0.00% 0.70% 71.21%
Preferred Stocks
0.00% 0.00% 0.73% 65.91%

Stock Sector Breakdown

Weighting Return Low Return High DFGBX % Rank
Utilities
0.00% 0.00% 100.00% N/A
Technology
0.00% 0.00% 48.29% N/A
Real Estate
0.00% 0.00% 0.00% N/A
Industrials
0.00% 0.00% 3.92% N/A
Healthcare
0.00% 0.00% 6.16% N/A
Financial Services
0.00% 0.00% 100.00% N/A
Energy
0.00% 0.00% 0.00% N/A
Communication Services
0.00% 0.00% 17.03% N/A
Consumer Defense
0.00% 0.00% 5.49% N/A
Consumer Cyclical
0.00% 0.00% 17.00% N/A
Basic Materials
0.00% 0.00% 0.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High DFGBX % Rank
US
0.05% 0.00% 0.70% 59.09%
Non US
0.00% 0.00% 0.08% 66.67%

Bond Sector Breakdown

Weighting Return Low Return High DFGBX % Rank
Government
61.21% 1.71% 97.31% 18.94%
Cash & Equivalents
28.24% 0.00% 51.02% 78.03%
Corporate
22.57% 0.00% 70.79% 57.58%
Derivative
0.22% 0.00% 50.79% 38.64%
Securitized
0.00% 0.00% 29.11% 99.24%
Municipal
0.00% 0.00% 3.10% 99.24%

Bond Geographic Breakdown

Weighting Return Low Return High DFGBX % Rank
Non US
38.73% 26.05% 98.85% 34.09%
US
32.21% -11.86% 53.57% 53.03%

DFGBX - Expenses

Operational Fees

DFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.21% 0.02% 1.81% 87.50%
Management Fee 0.18% 0.00% 0.83% 15.15%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% 4.41%

Sales Fees

DFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 126.00% 2.00% 402.00% 81.08%

DFGBX - Distributions

Dividend Yield Analysis

DFGBX Category Low Category High DFGBX % Rank
Dividend Yield 10.10% 0.00% 2.20% 23.48%

Dividend Distribution Analysis

DFGBX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

DFGBX Category Low Category High DFGBX % Rank
Net Income Ratio 0.39% -0.30% 3.10% 92.37%

Capital Gain Distribution Analysis

DFGBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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DFGBX - Fund Manager Analysis

Managers

David Plecha


Start Date

Tenure

Tenure Rank

Nov 06, 1990

31.59

31.6%

David Plecha is Dimensional’s Global Head of Fixed Income. A member of the Investment Committee and Investment Research Committee, he not only manages US and global portfolios but also maintains much of the fixed income research and client communications. Dave received his Chartered Financial Analyst® designation in 1996. Prior to joining Dimensional in 1989, he managed stock index futures and options for Leland O’Brien Rubinstein Associates and was an operations planner for Texas Instruments.

Joseph Kolerich


Start Date

Tenure

Tenure Rank

Feb 28, 2012

10.26

10.3%

Joseph Kolerich is Head of Fixed Income, Americas, Senior Portfolio Manager and Vice President of Dimensional and a member of the Investment Committee. Mr. Kolerich has an MBA from the University of Chicago Booth School of Business and a BS from Northern Illinois University. Mr. Kolerich joined DFA as a portfolio manager in 2001 and has been responsible for the fixed income portfolios since 2012.

Travis Meldau


Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

Mr. Meldau is a Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Meldau holds an MBA from Wake Forest University, and a BSBA from Appalachian State University. Mr. Meldau joined Dimensional in 2011, has been a portfolio manager since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 31.42 5.43 0.92