Markets

A Brief Discussion About DFA Tax-Managed US Marketwide Value Fund (DTMMX)

DFA Tax-Managed US Marketwide Value ( DTMMX ) a Zacks Rank #1 (Strong Buy) invests in securities of US companies whose size (market capitalization) falls within the largest 95% of the market universe. The market universe is comprised of companies listed on the New York Stock Exchange, American Stock Exchange, and NASDAQ National Market System. DTMMX invests in value stocks and securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value. DTMMX was incepted in December 1998 and is managed by Dimensional Fund Advisors Inc. DTMMX seeks to achieve long-term capital appreciation.

The DFA Tax-Managed US Marketwide Value, managed by Dimensional , carries an expense ratio of 0.37%. Moreover, DTMMX requires a minimal initial investment of $0.

This fund, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Small Value and Foreign Stock.

DTMMX's performance, as of the last filing, when compared to funds in its category was in the top 10% in 1 year, top 17% over the past 3 years, and in the 2% over the past 5 years.

DTMMX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3 and 5 year benchmarks; 1 year 17.16%, 3 year 7.80% and 5 year 16.52%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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