DFA World ex U.S. Government Fixed Income Portfolio Institutional Class Shares (DWFIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.34
-0.04 (-0.48%)
Sep 18, 2023, 8:06 AM EDT
-0.48%
Fund Assets952.24M
Expense Ratio0.20%
Min. Investment$0.00
Turnover44.00%
Dividend (ttm)0.35
Dividend Yield4.09%
Dividend Growthn/a
Payout FrequencyQuarterly
Ex-Dividend DateJun 27, 2025
Previous Close8.38
YTD Return-0.32%
1-Year Return1.15%
5-Year Return-12.77%
52-Week Low8.26
52-Week High8.82
Beta (5Y)0.28
Holdings92
Inception DateDec 6, 2011

About DWFIX

The DFA World ex U.S. Government Fixed Income Portfolio Institutional Class is a mutual fund focused on providing exposure to high-quality, non-U.S. government debt securities. Its primary objective is to maximize total returns by investing at least 80% of its assets in investment-grade fixed income securities issued or guaranteed by foreign governments, supranational organizations, and their agencies, with a particular emphasis on issuers from developed markets. Notable for its strict credit quality requirements, the fund's holdings are largely rated AA or AAA, reflecting a conservative approach to credit risk management. The portfolio also strategically includes derivatives to manage currency and interest rate exposure, optimizing the risk-return profile. With a low expense ratio and institutional share class features, the fund is designed to offer efficient global diversification within fixed income while minimizing costs for large investors. It is positioned within the USD-hedged global bond category, helping investors offset currency risks associated with international bonds. Overall, this fund plays an important role for institutional investors seeking stable income and diversification beyond U.S. borders, specifically through government-backed and supranational international debt instruments.

Fund Family Dimensional Fund Advisors
Category World Bond-USD Hedged
Ticker Symbol DWFIX
Index FTSE CR Hdg ex US WD TR

Performance

DWFIX had a total return of 1.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.20%.

Top 10 Holdings

44.55% of assets
NameSymbolWeight
Eur250514n/a7.06%
United Kingdom of Great Britain and Northern Ireland 0.625%UKT.0.625 07.31.355.02%
Aud250702n/a4.56%
Eur250702n/a4.46%
Gbp250602n/a4.17%
Eur250701n/a3.97%
Eur250620n/a3.94%
European Stability Mechanism 0%ESMTB.0 07.03.25 91D3.89%
Eur250724n/a3.80%
Sgd250522n/a3.68%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 27, 2025$0.05403Jun 30, 2025
Mar 28, 2025$0.03588Mar 31, 2025
Dec 10, 2024$0.12448Dec 11, 2024
Sep 27, 2024$0.13465Sep 30, 2024
Dec 11, 2023$0.22573Dec 12, 2023
Sep 28, 2023$0.15485Sep 29, 2023
Full Dividend History