DFA Short Term Municipal Bond I (DFSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.13

0.00 (0.00%)

At close: Oct 14, 2026

Fund Assets	1.37B
Expense Ratio	0.188%
Min. Investment	$0.00
Turnover	198.00%
Dividend (ttm)	0.25
Dividend Yield	2.51%
Dividend Growth	-9.64%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	10.13
YTD Return	1.37%
1-Year Return	1.92%
5-Year Return	9.32%
52-Week Low	10.08
52-Week High	10.22
Beta (5Y)	0.04
Holdings	614
Inception Date	Aug 20, 2002

About DFSMX

DFA Short Term Municipal Bond Portfolio Institutional Class is a mutual fund designed to deliver federally tax-exempt income while seeking to preserve capital. This fund primarily invests in a diversified portfolio of investment grade municipal bonds issued by U.S. states and local governments, with an average dollar-weighted maturity capped at three years. Its short duration approach aims to minimize interest rate risk while providing steady monthly income for investors, particularly those seeking tax-efficient fixed income options. The portfolio features more than 500 holdings, balancing broad municipal sector exposure and credit quality, and is structured to pay monthly dividends. Its role in the financial market centers on offering tax-advantaged income for institutions and individuals, serving as a conservative allocation within a broader portfolio and helping mitigate portfolio volatility through low correlation with equities and longer-duration bonds.

Fund Family Dimensional Fund Advisors

Category Muni National Short

Performance Rating Below Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol DFSMX

Index ICE BofA Municipal 1-3 Year TR

Performance

DFSMX had a total return of 1.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.61%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.02118	Sep 30, 2026
Aug 28, 2026	$0.01867	Aug 31, 2026
Jul 30, 2026	$0.02137	Jul 31, 2026
Jun 29, 2026	$0.02105	Jun 30, 2026
May 28, 2026	$0.02039	May 29, 2026
Apr 29, 2026	$0.0201	Apr 30, 2026

Full Dividend History