Dimensional 2020 Target Dt Rtr Inc Instl (DRIRX)
| Fund Assets | 62.57M |
| Expense Ratio | 0.18% |
| Min. Investment | $0.00 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 6.22% |
| Dividend Growth | 56.60% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 11.37 |
| YTD Return | 3.05% |
| 1-Year Return | 7.71% |
| 5-Year Return | 6.59% |
| 52-Week Low | 11.02 |
| 52-Week High | 11.73 |
| Beta (5Y) | 0.30 |
| Holdings | 8 |
| Inception Date | Nov 2, 2015 |
About DRIRX
Dimensional 2020 Target Date Retirement Income Fund Institutional Class is a mutual fund designed specifically for individuals who retired around the year 2020 and are seeking ongoing retirement income. As a target date fund, it uses a dynamic asset allocation strategy that gradually shifts its holdings from equities to a larger proportion of fixed income investments as investors transition through retirement years. The fund primarily invests through other mutual funds managed by Dimensional Fund Advisors, aiming to balance income preservation with long-term growth potential. Notably, this fund targets a conservative allocation suitable for retirees, with approximately 15–35% of assets in equities and 65–85% in fixed income securities, including a significant portion in U.S. Treasury Inflation-Protected Securities (TIPS) to help address inflation risk. Its structure embodies the “glide path” approach characteristic of target date funds, automatically rebalancing to manage risk and return as the investor ages. Dimensional 2020 Target Date Retirement Income Fund Institutional Class plays an important role for retirees by offering a diversified, professionally managed solution that seeks to provide stable income, inflation protection, and risk management during the post-retirement period.
Performance
DRIRX had a total return of 7.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.13%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTWNX | Vanguard | Vanguard Target Retirement 2020 Fund | 0.08% |
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| DFA Inflation-Protected Securities Portfolio | DIPSX | 65.78% |
| DFA LTIP Portfolio | DRXIX | 9.33% |
| DFA US Large Company I | DFUSX | 8.91% |
| DFA US Core Equity 1 I | DFEOX | 8.89% |
| DFA Large Cap International I | DFALX | 3.17% |
| DFA Emerging Markets Core Equity 2 I | DFCEX | 2.48% |
| DFA International Core Equity 2 I | DFIEX | 1.59% |
| Usd | n/a | -0.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.17741 | Jun 30, 2026 |
| Mar 30, 2026 | $0.00488 | Mar 31, 2026 |
| Dec 15, 2025 | $0.42643 | Dec 16, 2025 |
| Sep 29, 2025 | $0.09853 | Sep 30, 2025 |
| Jun 27, 2025 | $0.12321 | Jun 30, 2025 |
| Mar 28, 2025 | $0.04057 | Mar 31, 2025 |