Founded in 1981, Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. It boasts more than 1,300 investment professionals across 13 offices across nine countries in North America, Asia and Europe.
Dimensional had nearly $596 billion of assets under management as of Sep 30, 2018. For the past three decades, the company has been providing investment management strategies to clients. This Texas-based firm invests in both domestic and foreign equities, fixed-income securities, retirement income funds, real estates and commodity markets.
Below we share with you three top-ranked Dimensional mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of Dimensional funds.
DFA Tax-Managed US Equity DTMEX seeks appreciation of capital for the long run and reduces federal income taxes on total returns. DTMEX primarily invests a large chunk of its assets in securities of domestic companies. DFA Tax-Managed US Equity has a three-year annualized return of 11.3%.
As of September 2018, DTMEX held 2,221 issues, with 4.01% of its assets invested in Apple Inc.
DFA US Large Cap Value IIIDFUVX attains its investment objective by investing almost all its assets in its master fund, the U.S. Large Cap Value Series, which in turn allocates its assets in securities of large-cap U.S. companies. These companies are believed to be undervalued. DFUVX seeks appreciation of capital for the long run. DFA US Large Cap Value III has a three-year annualized return of 10.2%.
DFUVX has an expense ratio of 0.13% compared with the category average of 1.00%.
DFA US Targeted Value R1DFTVX seeks appreciation of capital for the long run. DFTVX maintains a diversified portfolio by investing in domestic small- and mid-cap companies that the fund's Advisor considers to be value stocks. DFA US Targeted Value R1 has a three-year annualized return of 8.1%.
Jed Fogdall is one of the fund managers of DFTVX since 2012.
To view the Zacks Rank and past performance of all Dimensional Investments mutual funds, investors can click here to see the complete list of Dimensional funds .
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
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 (DTMEX): Fund Analysis Report
Get Your Free (DFUVX): Fund Analysis Report
Get Your Free (DFTVX): Fund Analysis Report
To read this article on Zacks.com click here.
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.
