DNYMX: DFA NY Municipal Bond Portfolio - MutualFunds.com

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DFA NY Municipal Bond Institutional

DNYMX - Snapshot

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return 1.4%
  • 5 Yr Annualized Return 1.6%
  • Net Assets $115 M
  • Holdings in Top 10 21.4%

52 WEEK LOW AND HIGH

$10.30
$10.00
$10.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.25%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 27.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Single State Short

Compare DNYMX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.64

0.00%

$78.20 B

0.00%

$0.00

1.17%

0.17%

$11.21

0.00%

$32.33 B

0.00%

$0.00

1.17%

0.17%

$13.38

0.00%

$24.21 B

0.00%

$0.00

0.38%

0.52%

$15.93

0.00%

$19.35 B

0.00%

$0.00

0.50%

0.17%

$115.26

+0.01%

$17.86 B

-

-

1.33%

0.07%

DNYMX - Profile

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DFA NY Municipal Bond Portfolio
  • Fund Family Name
    Dimensional Fund Advisors
  • Inception Date
    Jun 16, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Kolerich

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets in municipal securities that pay interest exempt from New York state and federal personal income taxes. The adviser does not currently intend to invest its assets in municipal securities whose interest is subject to the federal alternative minimum tax. Generally, the fund will maintain a maximum average portfolio duration of five years. It is non-diversified.


DNYMX - Performance

Return Ranking - Trailing

Period DNYMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -8.5% 300.4% 40.21%
1 Yr 1.8% -5.9% 6.6% 79.34%
3 Yr 1.4%* -0.9% 7.4% 97.06%
5 Yr 1.6%* -0.2% 7.0% 93.37%
10 Yr N/A* -0.1% 8.1% N/A

* Annualized

Return Ranking - Calendar

Period DNYMX Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -0.3% 15.4% 95.93%
2018 -0.2% -10.3% 97.2% 8.01%
2017 0.7% -100.0% 7.6% 76.05%
2016 -0.4% -7.9% 96.8% 1.86%
2015 N/A -4.8% 3.0% N/A

Total Return Ranking - Trailing

Period DNYMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -9.2% 300.4% 40.15%
1 Yr 1.8% -8.7% 6.6% 52.49%
3 Yr 1.4%* -2.4% 7.4% 94.59%
5 Yr 1.6%* -1.4% 7.0% 91.88%
10 Yr N/A* -0.5% 8.1% N/A

* Annualized

Total Return Ranking - Calendar

Period DNYMX Return Category Return Low Category Return High Rank in Category (%)
2019 1.3% -0.3% 15.4% 94.69%
2018 1.0% -10.3% 11.0% 2.90%
2017 1.7% -100.0% 7.6% 48.18%
2016 0.7% -7.9% 3.0% 1.29%
2015 N/A -4.8% 4.0% N/A

NAV & Total Return History


DNYMX - Holdings

Concentration Analysis

DNYMX Category Low Category High DNYMX % Rank
Net Assets 115 M 617 K 78.2 B 80.49%
Number of Holdings 162 3 10083 65.19%
Net Assets in Top 10 25.7 M -202 M 4.54 B 78.68%
Weighting of Top 10 21.38% 2.4% 99.7% 35.17%

Top 10 Holdings

  1. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% 3.34%
  2. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 2.56%
  3. METROPOLITAN TRANSN AUTH N Y REV 5.25% 2.52%
  4. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 2.10%
  5. HEMPSTEAD TOWN N Y 5% 1.96%
  6. NEW YORK N Y 5% 1.94%
  7. HUNTINGTON N Y 5% 1.91%
  8. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 1.91%
  9. NEW YORK ST 5% 1.86%
  10. AMITYVILLE N Y UN FREE SCH DIST 0% 1.71%

Asset Allocation

Weighting Return Low Return High DNYMX % Rank
Bonds
87.37% 65.51% 149.06% 97.11%
Cash
12.63% -49.07% 34.49% 2.66%
Stocks
0.00% 0.00% 1.67% 56.43%
Preferred Stocks
0.00% -0.98% 1.04% 53.80%
Other
0.00% -1.48% 12.83% 55.27%
Convertible Bonds
0.00% 0.00% 1.83% 54.25%

Bond Sector Breakdown

Weighting Return Low Return High DNYMX % Rank
Municipal
87.37% 49.08% 100.00% 95.69%
Cash & Equivalents
12.63% 0.00% 34.49% 3.51%
Derivative
0.00% 0.00% 2.16% 53.91%
Securitized
0.00% 0.00% 6.06% 54.88%
Corporate
0.00% 0.00% 13.25% 61.34%
Government
0.00% 0.00% 49.86% 57.48%

Bond Geographic Breakdown

Weighting Return Low Return High DNYMX % Rank
US
87.37% 65.51% 142.92% 93.65%
Non US
0.00% 0.00% 27.43% 87.13%

DNYMX - Expenses

Operational Fees

DNYMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.25% 0.01% 4.01% 96.84%
Management Fee 0.20% 0.00% 1.10% 5.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% 1.09%

Sales Fees

DNYMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

DNYMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

DNYMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 235.00% 65.81%

DNYMX - Distributions

Dividend Yield Analysis

DNYMX Category Low Category High DNYMX % Rank
Dividend Yield 0.00% 0.00% 3.82% 56.96%

Dividend Distribution Analysis

DNYMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DNYMX Category Low Category High DNYMX % Rank
Net Income Ratio 1.20% 0.04% 6.48% 96.84%

Capital Gain Distribution Analysis

DNYMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

DNYMX - Fund Manager Analysis

Managers

Joseph Kolerich


Start Date

Tenure

Tenure Rank

Jun 16, 2015

5.3

5.3%

Mr. Kolerich is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP 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 Dimensional Fund Advisors LP as a portfolio manager in 2001 and has been responsible for the fixed income portfolios since 2012.

David Plecha


Start Date

Tenure

Tenure Rank

Jun 16, 2015

5.3

5.3%

Mr. Plecha is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP and a member of the Investment Committee. Mr. Plecha received his BS from the University of Michigan at Ann Arbor in 1983 and his MBA from the University of California at Los Angeles in 1987. Mr. Plecha has been a portfolio manager since 1989.

Travis Meldau


Start Date

Tenure

Tenure Rank

Feb 28, 2016

4.59

4.6%

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
0.07 33.85 8.29 2.76