About DFXIX
DFA Diversified Fixed Income Portfolio Institutional Class is an actively managed mutual fund in the taxable bond category, specifically designed as an intermediate core bond fund. Managed by Dimensional Fund Advisors since its inception in 2016, its primary goal is to deliver a market rate of return on fixed income investments while maintaining low volatility relative to its benchmark. The fund primarily invests at least 80% of its assets in a diversified mix of U.S. and foreign fixed income securities, with a strong emphasis on U.S. Treasury securities, agency bonds, and high-quality investment-grade debt. It also holds a select portion of foreign bonds and inflation-protected securities, such as Treasury Inflation-Protected Securities (TIPS).
The fund’s structure often utilizes underlying Dimensional fixed income portfolios, giving it broad exposure across government, agency, and high-grade corporate bonds, typically maintaining a weighted average maturity between two and seven years. With a focus on cost efficiency, the fund features a notably low expense ratio and quarterly income distributions. Its strategy is purpose-built for institutional investors seeking stable returns and risk diversification through a disciplined, research-driven approach to fixed income investing.
Fund Family Dimensional Fund Advisors
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol DFXIX
Index Bloomberg U.S. Govt Bond Intermediate TR
DFXIX had a total return of 7.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.40%.
