DFA Municipal Real Return Portfolio Institutional Class (DMREX)
| Fund Assets | 1.81B |
| Expense Ratio | 0.24% |
| Min. Investment | $0.00 |
| Turnover | 132.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.30% |
| Dividend Growth | -7.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 10.75 |
| YTD Return | 1.19% |
| 1-Year Return | 2.57% |
| 5-Year Return | 14.13% |
| 52-Week Low | 10.67 |
| 52-Week High | 10.91 |
| Beta (5Y) | 0.14 |
| Holdings | 728 |
| Inception Date | Nov 4, 2014 |
About DMREX
DFA Municipal Real Return Portfolio Institutional Class is a mutual fund managed by Dimensional Fund Advisors that seeks inflation protection and current income from municipal securities. It primarily invests in a diversified portfolio of investment-grade municipal bonds issued by state and local governments to fund public projects such as schools, water systems, utilities, education, and transportation. The fund allocates at least 80% of its net assets to municipal securities whose interest is exempt from federal income tax, with no more than 25% in the lowest quarter of the investment-grade spectrum. To enhance inflation protection, it incorporates inflation-protected municipal securities and derivative instruments like interest rate swaps tied to U.S. CPI indices. Classified in the Muni National Short category, it maintains short durations typically under 4.0 years and high credit quality, predominantly in AAA and AA-rated bonds, with sectors led by general obligation bonds. This institutional share class supports investors seeking tax-efficient, low-duration fixed income exposure with inflation hedging in the municipal bond market. Founded in 2014, it operates from Dimensional Fund Advisors' U.S. base.
Performance
DMREX had a total return of 2.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.65%.
Top 10 Holdings
35.09% of assets| Name | Symbol | Weight |
|---|---|---|
| 678602002 Irs Usd R V 12muscpi Ruscpi.040728.Float Inflation | n/a | 4.31% |
| 071081220 Irs Usd R V 12muscpi Rcpurnsa.111826.Float Inflati | n/a | 4.27% |
| 165749192 Irs Usd R V 12muscpi Rcpurnsa.012027.Float.408513 | n/a | 3.89% |
| 177928622 Irs Usd R V 12muscpi Rcpurnsa.012727.Float Inflati | n/a | 3.78% |
| 158867802 Irs Usd R V 12muscpi Rcpurnsa.011427.Float Inflati | n/a | 3.72% |
| 080582816 Irs Usd R V 12muscpi Rcpurnsa.112426.Float Inflati | n/a | 3.39% |
| 964107790 Irs Usd R V 12muscpi Ruscpi.091526.Float Inflation | n/a | 3.10% |
| 003660696 Irs Usd R V 12muscpi Rcpurnsa.100826.Float Inflati | n/a | 2.93% |
| 135218038 Irs Usd R V 12muscpi Ruscpi.071826.Float Inflation | n/a | 2.88% |
| 868037132 Irs Usd R V 12muscpi Ruscpi.072128.Float Inflation | n/a | 2.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.02559 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0184 | Feb 27, 2026 |
| Jan 29, 2026 | $0.01347 | Jan 30, 2026 |
| Dec 10, 2025 | $0.12583 | Dec 11, 2025 |
| Nov 26, 2025 | $0.01918 | Nov 28, 2025 |
| Oct 30, 2025 | $0.02264 | Oct 31, 2025 |