DIMENSIONAL 2025 TARGET DATE RETIREMENT INCOME FUND
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.1%
1 yr return
4.0%
3 Yr Avg Return
-3.5%
5 Yr Avg Return
3.1%
Net Assets
$153 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DRIUX - Profile
Distributions
- YTD Total Return 4.1%
- 3 Yr Annualized Total Return -3.5%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.25%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDIMENSIONAL 2025 TARGET DATE RETIREMENT INCOME FUND
-
Fund Family NameDimensional Funds
-
Inception DateNov 02, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Kolerich
Fund Description
To achieve its investment objective, the 2025 Target Date Portfolio allocates its assets to other mutual funds managed by Dimensional Fund Advisors LP (the “Advisor”) (i.e., the Underlying Funds) according to an asset
allocation strategy designed for investors planning to retire in or within a few years of 2025 (the target date) and are planning to withdraw the value of the investment in the Portfolio over many years after the target date. Over time, the Portfolio’s allocation to the Underlying Funds is expected to change based on an asset allocation strategy that generally becomes more conservative (reducing its allocation to equity Underlying Funds and increasing its allocation to fixed income Underlying Funds) until reaching the “landing point,” which is 15 years after the target date (i.e., 2040 in the case of the Portfolio), at which time the Portfolio reaches its final static asset allocation. At the final landing point, the Portfolio is expected to reach a final static asset allocation of 15% to 25% of its assets allocated to domestic and international equity Underlying Funds and 75% to 85% of its assets allocated to fixed income Underlying Funds. The asset allocation strategy for the Portfolio reflects the need for reduced equity risk and lower volatility of the inflation-adjusted income the Portfolio may be able to support in retirement as an investor gets closer to the target date. When the Portfolio reaches the landing point, it is expected that the Advisor will recommend that the Board of Directors of the Portfolio approve combining the Portfolio with the Dimensional Retirement Income Fund, another fund managed by the Advisor, which is expected to have approximately the same asset allocation as the Portfolio at that time.
As of February 28, 2024, the 2025 Target Date Portfolio has a target allocation of 20% to 45% to equity Underlying Funds and a target allocation of approximately 55% to 80% to fixed income Underlying Funds, which may include exposure through those fixed income Underlying Funds to long-term and intermediate-term U.S. Treasury Inflation-Protected Securities (“TIPS”). As of February 28, 2024, the Portfolio may invest in: (1) domestic equity Underlying Funds that purchase a broad and diverse portfolio of securities of U.S. operating companies; (2) international equity Underlying Funds that purchase a broad and diverse portfolio of securities of companies in developed and emerging markets; and (3) fixed income Underlying Funds that may purchase U.S. and foreign debt securities such as obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, long-, intermediate- and short-term TIPS, bank obligations, commercial paper, repurchase agreements, money market funds, obligations of other domestic and foreign issuers, securities of domestic and foreign issuers denominated in U.S. dollars but not trading in the United States, obligations of supranational organizations, and inflation-protected securities. The fixed income Underlying Funds primarily invest in securities that are considered investment grade at the time of purchase and which have a range of maturities, including ultra-short, short, intermediate, and long-term. Certain equity Underlying Funds purchase a broad and diverse group of securities of companies with a greater emphasis on smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the universe of securities such Underlying Funds invest in. A summary of the investment strategies and policies of the Underlying Funds in which the Portfolio invests as of the date of this Prospectus is described in the Portfolio’s Prospectus in the section entitled “ADDITIONAL INFORMATION ON INVESTMENT OBJECTIVES AND POLICIES.”
The 2025 Target Date Portfolio and each Underlying Fund may purchase or sell futures contracts and options on futures contracts, to adjust market exposure based on actual or expected cash inflows to or outflows from the Portfolio or Underlying Fund. Certain Underlying Funds may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities, to hedge foreign currency risks, to hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another. Certain Underlying Funds also may enter into swaps to hedge against inflation risk associated with certain securities or to buy or sell credit protection to hedge its credit exposure; gain market or issuer exposure without owning the underlying securities; or increase the Underlying Fund’s total return. Certain Underlying Funds also may purchase or sell futures contracts and options on futures contracts, to hedge their interest rate or currency exposure or for non-hedging purposes, such as a substitute for direct investment. Also, the Portfolio and the Underlying Funds may lend their portfolio securities to generate additional income.
DRIUX - Performance
Return Ranking - Trailing
Period | DRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.1% | 0.2% | 13.6% | 93.82% |
1 Yr | 4.0% | 0.5% | 17.3% | 96.63% |
3 Yr | -3.5%* | -3.5% | 3.9% | 100.00% |
5 Yr | 3.1%* | 1.0% | 7.5% | 97.48% |
10 Yr | N/A* | 2.0% | 6.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | DRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.2% | 1.0% | 12.4% | 99.44% |
2022 | -26.5% | -33.6% | -13.2% | 90.40% |
2021 | 3.4% | -6.6% | 12.9% | 32.34% |
2020 | 13.1% | -8.5% | 13.1% | 0.63% |
2019 | 16.3% | 4.3% | 17.0% | 11.76% |
Total Return Ranking - Trailing
Period | DRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.1% | 0.2% | 13.6% | 93.82% |
1 Yr | 4.0% | 0.5% | 17.3% | 96.63% |
3 Yr | -3.5%* | -3.5% | 3.9% | 100.00% |
5 Yr | 3.1%* | 1.0% | 7.5% | 97.48% |
10 Yr | N/A* | 2.0% | 6.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | 8.0% | 20.3% | 100.00% |
2022 | -20.9% | -24.5% | 1.1% | 97.74% |
2021 | 12.0% | -0.2% | 17.0% | 10.18% |
2020 | 17.5% | -6.6% | 18.0% | 1.89% |
2019 | 19.0% | 15.9% | 23.7% | 53.59% |
NAV & Total Return History
DRIUX - Holdings
Concentration Analysis
DRIUX | Category Low | Category High | DRIUX % Rank | |
---|---|---|---|---|
Net Assets | 153 M | 9.62 M | 76.5 B | 73.03% |
Number of Holdings | 9 | 4 | 894 | 88.76% |
Net Assets in Top 10 | 153 M | 4.89 M | 78.7 B | 73.03% |
Weighting of Top 10 | 100.05% | 47.7% | 104.4% | 1.69% |
Top 10 Holdings
- DFA Inflation-Protected Securities Portfolio 52.43%
- DFA LTIP Portfolio 21.10%
- DFA U.S. Core Equity 1 Portfolio 9.35%
- DFA U.S. Large Company Portfolio 9.30%
- DFA Large Cap International Portfolio 3.46%
- DFA Emerging Markets Core Equity Portfolio 2.22%
- DFA International Core Equity Portfolio 1.74%
- DFA Short-Term Extended Quality Portfolio 0.23%
- DFA Two-Year Global Fixed Income Portfolio 0.23%
Asset Allocation
Weighting | Return Low | Return High | DRIUX % Rank | |
---|---|---|---|---|
Stocks | 100.05% | 0.00% | 100.82% | 5.62% |
Convertible Bonds | 0.11% | 0.05% | 3.27% | 99.44% |
Preferred Stocks | 0.00% | 0.00% | 0.04% | 42.13% |
Other | 0.00% | -0.06% | 3.36% | 47.19% |
Cash | 0.00% | 0.00% | 38.87% | 94.94% |
Bonds | 0.00% | 0.00% | 38.52% | 62.36% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DRIUX % Rank | |
---|---|---|---|---|
Technology | 19.47% | 13.93% | 23.93% | 38.76% |
Financial Services | 14.98% | 12.41% | 19.06% | 45.51% |
Healthcare | 11.74% | 10.77% | 15.01% | 83.71% |
Industrials | 11.55% | 8.30% | 12.73% | 21.91% |
Consumer Cyclical | 11.17% | 8.02% | 13.41% | 42.70% |
Consumer Defense | 7.63% | 4.91% | 11.03% | 16.29% |
Communication Services | 7.50% | 5.69% | 9.94% | 32.02% |
Basic Materials | 5.95% | 3.15% | 7.09% | 20.79% |
Energy | 5.18% | 2.40% | 7.33% | 26.40% |
Utilities | 2.96% | 1.89% | 8.11% | 47.75% |
Real Estate | 1.86% | 1.86% | 14.43% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DRIUX % Rank | |
---|---|---|---|---|
US | 100.05% | 0.00% | 100.82% | 5.62% |
Non US | 0.00% | 0.00% | 15.34% | 48.31% |
DRIUX - Expenses
Operational Fees
DRIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.18% | 0.05% | 22.74% | 96.05% |
Management Fee | 0.00% | 0.00% | 0.78% | 14.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.27% | 1.07% |
Sales Fees
DRIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
DRIUX 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.
DRIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 7.00% | 97.00% | N/A |
DRIUX - Distributions
Dividend Yield Analysis
DRIUX | Category Low | Category High | DRIUX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.79% | 0.00% | 7.34% | 9.55% |
Dividend Distribution Analysis
DRIUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
DRIUX | Category Low | Category High | DRIUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.25% | 0.27% | 3.72% | 2.29% |
Capital Gain Distribution Analysis
DRIUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2024 | $0.076 | OrdinaryDividend |
Dec 13, 2024 | $0.175 | CapitalGainLongTerm |
Sep 27, 2024 | $0.050 | OrdinaryDividend |
Mar 27, 2024 | $0.004 | OrdinaryDividend |
Dec 13, 2023 | $0.131 | OrdinaryDividend |
Dec 13, 2023 | $0.096 | CapitalGainLongTerm |
Sep 28, 2023 | $0.122 | OrdinaryDividend |
Jun 29, 2023 | $0.128 | OrdinaryDividend |
Mar 30, 2023 | $0.017 | OrdinaryDividend |
Dec 14, 2022 | $0.225 | OrdinaryDividend |
Sep 29, 2022 | $0.273 | OrdinaryDividend |
Jun 29, 2022 | $0.244 | OrdinaryDividend |
Mar 30, 2022 | $0.079 | OrdinaryDividend |
Dec 15, 2021 | $0.777 | OrdinaryDividend |
Sep 29, 2021 | $0.198 | OrdinaryDividend |
Jun 29, 2021 | $0.164 | OrdinaryDividend |
Mar 30, 2021 | $0.022 | OrdinaryDividend |
Dec 16, 2020 | $0.399 | OrdinaryDividend |
Sep 29, 2020 | $0.059 | OrdinaryDividend |
Jun 29, 2020 | $0.024 | OrdinaryDividend |
Mar 30, 2020 | $0.037 | OrdinaryDividend |
Dec 17, 2019 | $0.060 | OrdinaryDividend |
Dec 17, 2019 | $0.031 | CapitalGainLongTerm |
Sep 27, 2019 | $0.072 | OrdinaryDividend |
Jun 27, 2019 | $0.099 | OrdinaryDividend |
Mar 28, 2019 | $0.014 | OrdinaryDividend |
Dec 18, 2018 | $0.062 | OrdinaryDividend |
Dec 18, 2018 | $0.004 | CapitalGainShortTerm |
Dec 18, 2018 | $0.009 | CapitalGainLongTerm |
Sep 27, 2018 | $0.079 | OrdinaryDividend |
Jun 28, 2018 | $0.097 | OrdinaryDividend |
Mar 28, 2018 | $0.006 | OrdinaryDividend |
Dec 15, 2017 | $0.124 | OrdinaryDividend |
Dec 15, 2017 | $0.003 | CapitalGainShortTerm |
Dec 15, 2017 | $0.012 | CapitalGainLongTerm |
Sep 28, 2017 | $0.030 | OrdinaryDividend |
Jun 29, 2017 | $0.079 | OrdinaryDividend |
Mar 30, 2017 | $0.037 | OrdinaryDividend |
Dec 15, 2016 | $0.077 | OrdinaryDividend |
Dec 15, 2016 | $0.001 | CapitalGainShortTerm |
Dec 15, 2016 | $0.000 | CapitalGainLongTerm |
Sep 29, 2016 | $0.045 | OrdinaryDividend |
Jun 29, 2016 | $0.073 | OrdinaryDividend |
Mar 30, 2016 | $0.027 | OrdinaryDividend |
Dec 16, 2015 | $0.019 | OrdinaryDividend |
DRIUX - Fund Manager Analysis
Managers
Joseph Kolerich
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
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.
Jed Fogdall
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.
Allen Pu
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
Allen Pu is Deputy Head of Portfolio Management, North America, a member of the Investment Commit- tee, Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Pu joined Dimensional as a Portfolio Manager in 2006. Mr. Pu has an M.B.A. from the University of California, Los Angeles, an M.S. and Ph.D. from Caltech, and a B.S. from Cooper Union for the Advancement of Science and Art.
David Plecha
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
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.
Mary Phillips
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
Mary T. Phillips, CFA, Deputy Head of Portfolio Management, North America, Senior Portfolio Manager and Vice President of Dimensional, joined Dimensional in 2012 and has been a portfolio manager since 2014. Ms. Phillips began managing Dimensional’s allocated portion of the Fund’s portfolio in March 2018. Ms. Phillips earned an MBA with concentration in analytic finance, statistics and econometrics, and managerial and organizational behavior from the University of Chicago and a BA from the University of Puget Sound.
Ashish Bhagwanjee
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
Mr. Bhagwanjee is a Vice President and Senior Portfolio Manager of the Dimensional Fund Advisors LP. Mr. Bhagwanjee holds an MBA from the University of Chicago and a BS from Purdue University. Mr. Bhagwanjee joined the Dimensional in 2014, has been a portfolio manager since 2017.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 5.88 | 2.41 |