DFA Short Term Municipal Bond Portfolio Institutional Class (DFSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.19
0.00 (0.00%)
Jul 10, 2025, 4:00 PM EDT
0.30%
Fund Assets 2.56B
Expense Ratio 0.19%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.28
Dividend Yield 2.78%
Dividend Growth 13.40%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 10.19
YTD Return 0.97%
1-Year Return 2.40%
5-Year Return 6.50%
52-Week Low 10.14
52-Week High 10.20
Beta (5Y) 0.03
Holdings 567
Inception Date Aug 20, 2002

About DFSMX

The DFA Short Term Municipal Bond Portfolio Institutional Class (DFSMX) seeks to provide current income that is exempt from federal personal income taxes and to preserve investors' principal by investing in investment grade municipal securities and maintaining an average dollar-weighted maturity of three years or less.

Fund Family Dimensional Fds
Category Muni National Short
Stock Exchange NASDAQ
Ticker Symbol DFSMX
Index ICE BofA Municipal 1-3 Year TR

Performance

DFSMX had a total return of 2.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.58%.

Top 10 Holdings

10.68% of assets
Name Symbol Weight
CALIFORNIA ST 5% CA.CAS 5 04.01.2027 1.27%
MINNESOTA ST 5% MN.MNS 5 08.01.2027 1.15%
WISCONSIN ST TRANSN REV 5% WI.WISTRN 5 07.01.2025 1.11%
LOS ANGELES CNTY CALIF 5% CA.LOS 5 06.30.2025 1.10%
HUDSON CNTY N J 4% NJ.HUD 4 02.26.2026 1.04%
DANBURY CONN 4% CT.DAN 4 02.23.2026 1.04%
ROCHESTER N Y 5% NY.ROC 5 07.31.2025 1.04%
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV VRDO IAM COML PAPER 3/A2 SER 2009 n/a 1.03%
NORTH HEMPSTEAD N Y 4% NY.NRH 4 09.19.2025 0.99%
LAWRENCE KANS 4% KS.LAW 4 05.01.2026 0.91%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 27, 2025 $0.02145 Jun 30, 2025
May 29, 2025 $0.02342 May 30, 2025
Apr 29, 2025 $0.02429 Apr 30, 2025
Mar 28, 2025 $0.0253 Mar 31, 2025
Feb 27, 2025 $0.02066 Feb 28, 2025
Jan 30, 2025 $0.01517 Jan 31, 2025
Full Dividend History