DFA Investment Grade Portfolio Institutional Class Shares (DFAPX)
| Fund Assets | 12.61B |
| Expense Ratio | 0.19% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.73% |
| Dividend Growth | 2.91% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 10.29 |
| YTD Return | 1.38% |
| 1-Year Return | 8.37% |
| 5-Year Return | 1.71% |
| 52-Week Low | 9.55 |
| 52-Week High | 10.31 |
| Beta (5Y) | 0.28 |
| Holdings | 868 |
| Inception Date | Mar 7, 2011 |
About DFAPX
DFA Investment Grade Portfolio Institutional Class is an actively managed mutual fund specializing in intermediate-term, investment-grade bonds. Its primary objective is to maximize total returns by investing predominantly in a diverse portfolio of high-quality debt securities issued by U.S. and international corporate and government entities. The fund typically maintains an allocation of at least 80% to investment-grade fixed income instruments, ensuring a focus on creditworthy issuers and a moderate sensitivity to interest rates. With management from Dimensional Fund Advisors, the fund offers a well-diversified selection, including U.S. Treasury securities and government-backed mortgage instruments, highlighted by a portfolio of over 800 individual securities. It appeals to institutional investors due to its large asset base—approximately $12 billion in assets—and competitive expense ratio within its peer group. The fund plays a significant role as a core fixed income holding, aiming to provide investors with steady income and risk-adjusted returns within the broader taxable bond market, while minimizing exposure to equities or below-investment-grade bonds.
Performance
DFAPX had a total return of 8.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.60%.
Top 10 Holdings
14.00% of assets| Name | Symbol | Weight |
|---|---|---|
| New Zealand Government Unsecured 05/30 4.5 | n/a | 2.45% |
| United States Treasury Notes 3.78415% | TF.0 07.31.26 | 1.42% |
| United States Treasury Notes 3.75215% | TF.0 04.30.26 | 1.37% |
| Federal National Mortgage Association 0.875% | FNMA.0.875 08.05.30 | 1.35% |
| United States Treasury Notes 3.84715% | TF.0 01.31.26 | 1.31% |
| United States Treasury Notes 3.70015% | TF.0 01.31.27 | 1.30% |
| United States Treasury Notes 3.76215% | TF.0 04.30.27 | 1.27% |
| United States Treasury Notes 3.80715% | TF.0 10.31.26 | 1.24% |
| United States Treasury Notes 3.76115% | TF.0 07.31.27 | 1.24% |
| Nzd260313 | n/a | 1.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $0.15708 | Dec 16, 2025 |
| Sep 29, 2025 | $0.09515 | Sep 30, 2025 |
| Jun 27, 2025 | $0.08403 | Jun 30, 2025 |
| Mar 28, 2025 | $0.04827 | Mar 31, 2025 |
| Dec 13, 2024 | $0.14658 | Dec 13, 2024 |
| Sep 27, 2024 | $0.08502 | Sep 30, 2024 |