DFA Two-Year Fixed Income Institutional (DFCFX)
| Fund Assets | 129.42M |
| Expense Ratio | 0.21% |
| Min. Investment | $0.00 |
| Turnover | 69.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.86% |
| Dividend Growth | -15.50% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 9.64 |
| YTD Return | 1.82% |
| 1-Year Return | 3.92% |
| 5-Year Return | 20.02% |
| 52-Week Low | 9.62 |
| 52-Week High | 9.74 |
| Beta (5Y) | 0.04 |
| Holdings | 146 |
| Inception Date | Jun 7, 1996 |
About DFCFX
DFA Two-Year Fixed Income Portfolio Institutional Class is a mutual fund specializing in short-term, high-quality, U.S. dollar-denominated fixed income securities. Its primary objective is to maximize total returns while maintaining a focus on capital preservation, investing predominantly in bonds that mature in three years or less. The fund’s portfolio mainly consists of investment-grade government and corporate bonds, and it eschews exposure to international, convertible, multisector, and high-yield bonds to maintain a conservative risk profile. This fund serves investors seeking modest yields with minimal interest rate sensitivity and lower volatility compared to longer-duration bond strategies. As part of the ultrashort bond category, it offers stability and liquidity, making it a practical choice for cash management or as a short-term allocation within a diversified fixed income strategy. The fund is managed by a team at Dimensional Fund Advisors, whose approach relies on careful security selection and disciplined risk management to ensure consistent returns over time. In the broader financial market, DFA Two-Year Fixed Income Portfolio Institutional Class acts as a foundational investment option for institutional allocators and risk-averse investors aiming for income generation with a high degree of principal safety.
Performance
DFCFX had a total return of 3.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.75%.
Top 10 Holdings
23.82% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.5% | T.3.5 10.31.27 | 4.05% |
| British Columbia (Province Of) 0.9% | BRCOL.0.9 07.20.26 | 2.78% |
| Quebec (Province Of) 3.625% | Q.3.625 04.13.28 | 2.78% |
| Amazon.com, Inc. 4.22435% | AMZN.F 03.13.29 | 2.65% |
| United States Treasury Notes 1.25% | T.1.25 04.30.28 | 2.33% |
| European Investment Bank 3.25% | EIB.3.25 11.15.27 | 2.22% |
| United States Treasury Notes 3.5% | T.3.5 09.30.27 | 2.06% |
| Svenska Handelsbanken AB 3.95% | SHBASS.3.95 06.10.27 144A | 1.70% |
| Ssc Government Mm Gvmxx | n/a | 1.63% |
| Nestle Finance International Limited 0% | n/a | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.08875 | Jun 30, 2026 |
| Mar 30, 2026 | $0.0754 | Mar 31, 2026 |
| Dec 15, 2025 | $0.10411 | Dec 16, 2025 |
| Sep 29, 2025 | $0.10426 | Sep 30, 2025 |
| Jun 27, 2025 | $0.10406 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0887 | Mar 31, 2025 |