About DCMSX
DFA Commodity Strategy Portfolio Institutional Class Shares is a mutual fund focused on providing broad exposure to the commodities market through a diversified approach. Managed by Dimensional Fund Advisors, this portfolio is designed to achieve total return by investing in a combination of commodity-linked derivative instruments and fixed income securities. The fund allocates capital across various commodity-related assets such as structured notes tied to commodity indices, swap agreements, and futures contracts, aiming to capture both capital appreciation and current income. It may also invest up to 25% of its assets in a subsidiary for efficient commodity market access.
To complement this, the fund invests in high-quality, short-term fixed income instruments, including obligations issued or guaranteed by the U.S. and foreign governments and reputable corporations, ensuring a degree of stability and liquidity. The portfolio is benchmarked against the Bloomberg Commodity Index Total Return, situating it firmly within the commodities broad basket category. With an institutional share class structure, a relatively low expense ratio, and diversified holdings, this fund serves as a vehicle for investors seeking to diversify their portfolios with commodity exposure while maintaining prudent risk management and cost efficiency.
Fund Family Dimensional Fund Advisors
Category Commodities Broad Basket
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol DCMSX
Index Bloomberg Commodity TR
DCMSX had a total return of 28.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.39%.
