About DFREX
DFA Real Estate Securities Fund – Institutional Class is a mutual fund specializing in the real estate investment sector. Managed by Dimensional Fund Advisors, its primary objective is long-term capital appreciation. The fund deploys a market capitalization-weighted strategy to invest in a broad array of readily marketable equity securities of companies primarily engaged in the ownership, management, development, or sale of residential, commercial, or industrial real estate. This includes significant exposure to real estate investment trusts (REITs), as well as firms involved in residential construction and commercial property development, excluding partnerships.
The portfolio is well-diversified, typically holding over 100 securities, with leading positions in prominent REITs such as Prologis Inc., American Tower Corporation, and Equinix Inc. The fund is recognized for its low expense ratio, providing a cost-effective option within the real estate fund category and allowing a greater proportion of returns to be retained by investors. With an inception dating back to 1993, the fund has established itself as a core vehicle for gaining exposure to the publicly traded real estate market, playing an essential role in diversifying portfolios and offering potential income and long-term growth opportunities within the property sector.
Fund Family Dimensional Fund Advisors
Category Real Estate
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol DFREX
Share Class - Institutional Class
Index S&P 500 TR
DFREX had a total return of 8.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.74%.
