DTCPX: DFA Targeted Credit Institutional

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DTCPX DFA Targeted Credit Institutional


Profile

DTCPX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return 3.3%
  • 5 Yr Annualized Return N/A
  • Net Assets $781 M
  • Holdings in Top 10 6.6%

52 WEEK LOW AND HIGH

$10.09
$9.77
$10.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.24%

SALES FEES

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

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DFA Targeted Credit Portfolio Institutional Class
  • Fund Family Name
    Dimensional Fund Advisors
  • Inception Date
    May 20, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Plecha

Fund Description

The fund seeks to maximize total returns from a universe of U.S. and foreign corporate debt securities that mature within five years from the date of settlement. As a non-fundamental policy, under normal circumstances, it will invest at least 80% of its net assets in debt securities.


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Categories

Performance

DTCPX - Performance

Return Ranking - Trailing

Period DTCPX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -0.7% 0.8% 22.29%
1 Yr 6.4% -6.6% 7.3% 3.80%
3 Yr 3.3%* -3.8% 3.9% 3.76%
5 Yr N/A* -20.2% 3.3% N/A
10 Yr N/A* -9.8% 3.0% N/A

* Annualized

Return Ranking - Calendar

Period DTCPX Return Category Return Low Category Return High Rank in Category (%)
2019 3.6% -6.6% 4.9% 8.28%
2018 -2.3% -4.1% 1.0% 79.41%
2017 0.3% -0.7% 2.8% 31.54%
2016 0.5% -65.8% 7.1% 39.68%
2015 N/A -6.6% 3.0% N/A

Total Return Ranking - Trailing

Period DTCPX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -0.7% 0.8% 22.29%
1 Yr 6.4% -6.6% 7.3% 3.80%
3 Yr 3.3%* -3.8% 3.9% 3.76%
5 Yr N/A* -18.6% 3.3% N/A
10 Yr N/A* -8.1% 3.5% N/A

* Annualized

Total Return Ranking - Calendar

Period DTCPX Return Category Return Low Category Return High Rank in Category (%)
2019 3.6% -6.6% 4.9% 8.92%
2018 0.7% -4.1% 3.2% 16.91%
2017 2.8% -0.7% 4.7% 7.69%
2016 2.7% -65.2% 8.4% 17.46%
2015 N/A -5.3% 3.1% N/A

NAV & Total Return History


Holdings

DTCPX - Holdings

Concentration Analysis

DTCPX Category Low Category High DTCPX % Rank
Net Assets 781 M 272 K 62.1 B 56.02%
Number of Holdings 500 7 2023 44.51%
Net Assets in Top 10 50.4 M -5.43 M 5.5 B 67.07%
Weighting of Top 10 6.60% 6.6% 140.4% 100.00%

Top 10 Holdings

  1. United States Treasury Notes 1.79% 1.07%
  2. DH Europe Finance S.A 1.7% 0.69%
  3. Abbott Ire Fin Dac 0.88% 0.67%
  4. NRW Bank 1.94% 0.65%
  5. Amgen Inc. 1.25% 0.61%
  6. National Grid North America Inc. 0.75% 0.60%
  7. National Australia Bank Limited New York Branch 2.5% 0.60%
  8. Cooperatieve Rabobank U.A. 2.38% 0.58%
  9. Ireland (Republic Of) 0% 0.57%
  10. Albemarle 1.88% 0.56%

Asset Allocation

Weighting Return Low Return High DTCPX % Rank
Bonds
96.61% 22.39% 137.59% 32.93%
Cash
2.61% -50.76% 77.61% 60.98%
Convertible Bonds
0.78% 0.00% 4.79% 68.29%
Stocks
0.00% 0.00% 8.19% 62.20%
Preferred Stocks
0.00% 0.00% 35.55% 60.98%
Other
0.00% -0.12% 13.17% 63.41%

Bond Sector Breakdown

Weighting Return Low Return High DTCPX % Rank
Corporate
67.34% 2.58% 96.07% 14.02%
Cash & Equivalents
20.01% 0.00% 77.61% 12.20%
Derivative
9.86% -0.09% 21.46% 13.41%
Government
2.79% -3.22% 57.42% 74.39%
Securitized
0.00% 0.00% 68.70% 99.39%
Municipal
0.00% 0.00% 13.57% 83.54%

Bond Geographic Breakdown

Weighting Return Low Return High DTCPX % Rank
US
59.28% 0.00% 137.59% 87.20%
Non US
37.33% 0.00% 84.14% 2.44%

Expenses

DTCPX - Expenses

Operational Fees

DTCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.24% 0.02% 83.41% 96.88%
Management Fee 0.19% 0.00% 1.19% 6.02%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.41% 2.33%

Sales Fees

DTCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DTCPX 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.

DTCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 573.00% 6.58%

Distributions

DTCPX - Distributions

Dividend Yield Analysis

DTCPX Category Low Category High DTCPX % Rank
Dividend Yield 0.00% 0.00% 1.93% 96.39%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DTCPX Category Low Category High DTCPX % Rank
Net Income Ratio 2.12% -2.82% 3.78% 73.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

DTCPX - Fund Manager Analysis

Managers

David Plecha


Start Date

Tenure

Tenure Rank

May 20, 2015

4.62

4.6%

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.

Joseph Kolerich


Start Date

Tenure

Tenure Rank

May 20, 2015

4.62

4.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 23.58 5.14 2.91