Dimensional 2020 Target Dt Rtr Inc Instl (DRIRX)

Fund Assets	62.57M
Expense Ratio	0.188%
Min. Investment	$0.00
Turnover	7.00%
Dividend (ttm)	0.44
Dividend Yield	3.94%
Dividend Growth	32.02%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	11.01
YTD Return	1.86%
1-Year Return	1.92%
5-Year Return	2.98%
52-Week Low	10.92
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.

• Fund Family: Dimensional Fund Advisors
• Category: Target-Date 2020
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: DRIRX
• Index: Index is not available on Lipper Database

Performance

DRIRX had a total return of 1.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.89%.

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 I	DIPSX	65.46%
DFA LTIP Institutional	DRXIX	9.55%
DFA US Large Company I	DFUSX	8.95%
DFA US Core Equity 1 I	DFEOX	8.94%
DFA Large Cap International I	DFALX	3.16%
DFA Emerging Markets Core Equity 2 I	DFCEX	2.35%
DFA International Core Equity 2 I	DFIEX	1.58%
Usd	n/a	0.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.13706	Sep 30, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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