Skip to main content
logo

DFA CA Short-Term Municipal Bond I (DFCMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.23
0.00 (0.00%)
At close: Aug 26, 2026
Fund Assets913.51M
Expense Ratio0.19%
Min. Investment$0.00
Turnover153.00%
Dividend (ttm)0.25
Dividend Yield2.44%
Dividend Growth-10.06%
Payout FrequencyMonthly
Ex-Dividend DateJul 30, 2026
Previous Close10.23
YTD Return1.44%
1-Year Return2.17%
5-Year Return8.61%
52-Week Low10.20
52-Week High10.28
Beta (5Y)0.04
Holdings398
Inception DateApr 2, 2007

About DFCMX

DFA California Short Term Municipal Bond Portfolio Institutional Class is a mutual fund primarily focused on generating current income exempt from both federal and California state personal income taxes. The fund invests at least 80% of its net assets in high-quality, short-term municipal bonds issued by California state and local governments, which are typically used to finance public infrastructure and community projects. Designed for investors seeking tax-advantaged income, the portfolio maintains an average maturity of three years or less, keeping interest rate sensitivity low and credit quality high. Notable features include a competitive expense ratio and monthly dividend distributions, offering predictable cash flow. The fund’s role in the market centers on providing stable, tax-efficient income for investors with a preference or need for California municipal securities, while also serving as a lower risk, short-duration alternative within fixed-income allocations. Its structure and strategy support investors aiming to manage both tax liability and interest rate risk when investing in municipal bonds.

Fund Family Dimensional Fund Advisors
Category Muni Single State Short
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol DFCMX
Index Index is not available on Lipper Database

Performance

DFCMX had a total return of 2.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.13%.

Top 10 Holdings

16.36% of assets
NameSymbolWeight
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.5%CA.BAYTRN 04.01.20553.10%
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV VRDO IAM COML PAPER 3/A2 SER 2009n/a1.91%
UNIV CALIF REGTS MED CTR POOLED REV 2.5%CA.UNVHGR 05.15.20451.75%
SAN DIEGO CNTY & SCH DIST NT PARTNS 5%CA.SDGSCD 5 08.31.20261.60%
BERKELEY CALIF 4%CA.BER 4 07.28.20261.48%
LOS ANGELES CNTY CALIF 0%CA.LOS 5 06.30.20271.43%
BlackRock Liquidity MuniCash InstlMCSXX1.39%
RIVERSIDE CNTY CALIF 5%CA.RIV 5 06.30.20271.30%
CALIFORNIA ST 5%CA.CAS 5 03.01.20271.23%
PAJARO VALLEY CALIF UNI SCH DIST 5%CA.PAJSCD 5 08.01.20261.17%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 30, 2026$0.02074Jul 31, 2026
Jun 29, 2026$0.0205Jun 30, 2026
May 28, 2026$0.01968May 29, 2026
Apr 29, 2026$0.01938Apr 30, 2026
Mar 30, 2026$0.02438Mar 31, 2026
Feb 26, 2026$0.01901Feb 27, 2026
Full Dividend History