DFA CA Municipal Real Return Instl (DCARX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.68

0.00 (0.00%)

At close: Aug 26, 2026

-1.11% (1Y)

Fund Assets	391.38M
Expense Ratio	0.25%
Min. Investment	$0.00
Turnover	137.00%
Dividend (ttm)	0.25
Dividend Yield	2.32%
Dividend Growth	-10.98%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 30, 2026

Previous Close	10.68
YTD Return	2.05%
1-Year Return	2.09%
5-Year Return	11.76%
52-Week Low	10.59
52-Week High	10.81
Beta (5Y)	0.12
Holdings	428
Inception Date	Nov 1, 2017

About DCARX

DFA California Municipal Real Return Portfolio Institutional Class is a mutual fund that invests primarily in inflation-protected municipal securities issued by the state of California and its local governments. Its primary objective is to deliver inflation protection alongside current income, with distributions expected to be exempt from both federal personal income taxes and California state personal income taxes. The portfolio focuses on municipal bonds structured to adjust principal and interest payments based on inflation measures, helping to preserve purchasing power for investors while providing tax-advantaged yield. This fund targets institutional investors seeking a balance of real return potential and tax efficiency within the fixed-income segment of the municipal bond market. Managed by Dimensional Fund Advisors, it emphasizes securities from California municipalities, contributing to the broader landscape of state-specific tax-exempt investment options that support public infrastructure financing.

Fund Family Dimensional Fund Advisors

Category Muni California Intermediate

Performance Rating Above Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol DCARX

Index S&P Intermediate California AMT-Free Muni TR USD

Performance

DCARX had a total return of 2.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.70%.

Top 10 Holdings

45.95% of assets

Name	Symbol	Weight
138319541 Irs Usd R V 12muscpi Rcpurnsa.123126.Float Inflati	n/a	7.18%
250793159 Irs Usd R V 12muscpi Rcpurnsa.030527.Float Inflati	n/a	6.43%
231783870 Irs Usd R V 12muscpi Rcpurnsa.022427.Float Inflati	n/a	5.70%
201673931 Irs Usd R V 12muscpi Rcpurnsa.020927.Float Inflati	n/a	4.95%
171770616 Irs Usd R V 12muscpi Rcpurnsa.012327.Float Inflati	n/a	4.95%
032534518 Irs Usd R V 12muscpi Rcpurnsa.102427.Float Inflati	n/a	3.94%
185206002 Irs Usd R V 12muscpi Rcpurnsa.013027.Float.408732	n/a	3.22%
751713978 Irs Usd R V 12muscpi Ruscpi.051527.Float Inflation	n/a	3.20%
877347317 Irs Usd R V 12muscpi Ruscpi.072427.Float Inflation	n/a	3.19%
890814878 Irs Usd R V 12muscpi Ruscpi.080127.Float.404465 In	n/a	3.19%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 30, 2026	$0.02112	Jul 31, 2026
Jun 29, 2026	$0.02045	Jun 30, 2026
May 28, 2026	$0.0198	May 29, 2026
Apr 29, 2026	$0.01959	Apr 30, 2026
Mar 30, 2026	$0.0245	Mar 31, 2026
Feb 26, 2026	$0.01849	Feb 27, 2026

Full Dividend History