Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants, and financial advisors. With a workforce of more than 1400, Dimensional Fund Advisor has 13 offices in nine different countries, including the United States.
It invests in both domestic and foreign equities, fixed income securities, retirement income funds, real estates and commodity markets. As of Mar 31, 2019, Dimensional Fund Advisor had nearly $576 billion of assets under management. For the past three decades, the company has been providing investment management strategies to its clients. Founded 37 years ago, this fund family is headquartered in Austin, TX.
Below we share with you three top-ranked Dimensional Fund Advisor mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds .
DFA Enhanced US Large Company I DFELX fund aims for total returns that surpasses the total return performance of the S&P 500 Index. The fund invests the majority of its assets in short-term fixed income obligations. DFELX has three and five-year annualized returns of 11.5% and 9.5%, respectively.
David A. Plecha has been one of the fund managers of DFELX since 1996.
DFA U.S. Sustainability Core 1 Portfolio DFSIX fund aims for long-term capital growth. The fund invests in a diverse range of securities of American companies with a focus on small capitalization, value and high profitability ones. DFSIX has three and five-year annualized returns of 11.5% and 8.6%, respectively.
DFSIX has an expense ratio of 0.25% compared with the category average of 0.94%.
DFA Tax-Managed U.S. Marketwide Value Portfolio DTMMX fund aims for long-term capital growth while minimizing federal income taxes on returns. The fund invests the majority of its net assets in securities of American companies.DTMMX has three and five-year annualized returns of 8.6% and 6.5%, respectively.
As of April 2019, DTMMX held 2151 issues, with 4.37% of its assets invested in Comcast Corp Class A.
To view the Zacks Rank and past performance of all Dimensional Fund Advisor funds, investors can click here to see the complete list of funds .
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (DTMMX): Fund Analysis Report Get Your Free (DFSIX): Fund Analysis Report Get Your Free (DFELX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research