DFA INTERMEDIATE GOVERNMENT FIXED INCOME PORTFOLIO
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.9%
1 yr return
6.3%
3 Yr Avg Return
-2.9%
5 Yr Avg Return
-0.8%
Net Assets
$5.58 B
Holdings in Top 10
43.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DFIGX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return -2.9%
- 5 Yr Annualized Total Return -0.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.44%
- Dividend Yield 2.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDFA INTERMEDIATE GOVERNMENT FIXED INCOME PORTFOLIO
-
Fund Family NameDimensional Funds
-
Inception DateJan 08, 1996
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Plecha
Fund Description
The Intermediate Government Portfolio primarily invests in high quality, low-risk obligations of the U.S. Government and its agencies with maturities between five and fifteen years from the date of settlement. The Portfolio normally invests in non-callable obligations issued or guaranteed by the U.S. Government and U.S. government agencies, AAA-rated, dollar-denominated obligations of foreign governments, obligations of supranational organizations, and futures contracts on U.S. Treasury securities. Since government guaranteed mortgage-backed securities are considered callable, such securities will not be included in the Portfolio. Generally, the Intermediate Government Portfolio will purchase securities with maturities between five and fifteen years from the date of settlement. The Portfolio will not shift the maturity of its investments in anticipation of interest rate movements and ordinarily will
have a weighted average maturity, based upon market values, between three and ten years. Under normal circumstances, when determining its duration, the Portfolio will consider a duration similar to the Bloomberg U.S. Government Bond Index, which was approximately 6.11 years as of December 31, 2023. In any event, as a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in fixed income government securities and maintain a weighted average maturity between three and ten years. Duration is a measure of the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates.
The Intermediate Government Portfolio may invest a portion of its assets in the obligations of foreign governments. Those obligations at the time of purchase must be either rated in the highest rating category of a nationally recognized statistical rating organization or, in the case of any obligation that is unrated, of comparable quality. The Portfolio is authorized to invest more than 25% of its total assets in U.S. Treasury bonds, bills and notes and obligations of federal agencies and instrumentalities. The Portfolio may also invest in money market funds. The Portfolio also may purchase or sell futures contracts on U.S. Treasury securities or options on such contracts to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. However, the Portfolio will not purchase or sell futures contracts or options thereon if as a result more than 5% of its net assets would then consist of initial margin deposits and premiums required to establish such positions.
The Intermediate Government Portfolio may lend its portfolio securities to generate additional income.
DFIGX - Performance
Return Ranking - Trailing
Period | DFIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -3.9% | 21.9% | 43.36% |
1 Yr | 6.3% | -4.4% | 35.5% | 50.88% |
3 Yr | -2.9%* | -8.0% | 10.8% | 55.56% |
5 Yr | -0.8%* | -5.9% | 2.9% | 47.42% |
10 Yr | 1.1%* | -2.3% | 3.2% | 14.88% |
* Annualized
Return Ranking - Calendar
Period | DFIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.1% | -1.0% | 22.1% | 0.88% |
2022 | -14.6% | -20.4% | -5.8% | 81.33% |
2021 | -5.4% | -7.1% | 16.6% | 97.73% |
2020 | 4.8% | -1.3% | 8.8% | 21.50% |
2019 | 4.9% | 0.3% | 7.1% | 1.90% |
Total Return Ranking - Trailing
Period | DFIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -3.9% | 21.9% | 43.36% |
1 Yr | 6.3% | -4.4% | 35.5% | 50.88% |
3 Yr | -2.9%* | -8.0% | 10.8% | 55.56% |
5 Yr | -0.8%* | -5.9% | 2.9% | 47.42% |
10 Yr | 1.1%* | -2.3% | 3.2% | 14.88% |
* Annualized
Total Return Ranking - Calendar
Period | DFIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -0.5% | 28.8% | 34.96% |
2022 | -13.1% | -18.5% | -3.3% | 90.22% |
2021 | -3.1% | -4.5% | 25.3% | 95.91% |
2020 | 9.1% | -1.3% | 13.0% | 9.81% |
2019 | 7.2% | 1.8% | 11.3% | 2.37% |
NAV & Total Return History
DFIGX - Holdings
Concentration Analysis
DFIGX | Category Low | Category High | DFIGX % Rank | |
---|---|---|---|---|
Net Assets | 5.58 B | 9.65 M | 134 B | 24.34% |
Number of Holdings | 102 | 14 | 12380 | 85.84% |
Net Assets in Top 10 | 2.51 B | 5.36 M | 56.1 B | 21.68% |
Weighting of Top 10 | 43.00% | 6.2% | 99.5% | 30.09% |
Top 10 Holdings
- U.S. Treasury Bonds 6.29%
- U.S. Treasury Bonds 6.13%
- U.S. Treasury Bonds 5.90%
- Federal Home Loan Banks 4.49%
- U.S. Treasury Bonds 4.46%
- Federal Home Loan Banks 3.37%
- Tennessee Valley Authority 3.15%
- U.S. Treasury Bonds 3.11%
- U.S. Treasury Notes 3.06%
- Federal Home Loan Banks 3.03%
Asset Allocation
Weighting | Return Low | Return High | DFIGX % Rank | |
---|---|---|---|---|
Bonds | 97.70% | 0.06% | 167.53% | 81.86% |
Cash | 2.30% | -20.28% | 27.25% | 50.00% |
Stocks | 0.00% | 0.00% | 95.28% | 40.27% |
Preferred Stocks | 0.00% | 0.00% | 0.12% | 38.94% |
Other | 0.00% | -21.19% | 22.58% | 69.47% |
Convertible Bonds | 0.00% | 0.00% | 3.29% | 39.38% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DFIGX % Rank | |
---|---|---|---|---|
Government | 99.84% | 0.00% | 100.00% | 0.88% |
Cash & Equivalents | 1.34% | 0.00% | 27.25% | 52.21% |
Derivative | 0.00% | -18.12% | 3.25% | 41.15% |
Securitized | 0.00% | 0.00% | 99.79% | 93.36% |
Corporate | 0.00% | 0.00% | 9.48% | 57.52% |
Municipal | 0.00% | 0.00% | 5.24% | 51.77% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DFIGX % Rank | |
---|---|---|---|---|
US | 97.70% | 0.06% | 167.53% | 81.86% |
Non US | 0.00% | 0.00% | 2.20% | 38.94% |
DFIGX - Expenses
Operational Fees
DFIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.12% | 0.03% | 2.85% | 91.56% |
Management Fee | 0.09% | 0.00% | 0.85% | 9.29% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | 1.56% |
Sales Fees
DFIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
DFIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DFIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 3.35% | 948.00% | 14.79% |
DFIGX - Distributions
Dividend Yield Analysis
DFIGX | Category Low | Category High | DFIGX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.72% | 0.00% | 4.94% | 88.94% |
Dividend Distribution Analysis
DFIGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DFIGX | Category Low | Category High | DFIGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.44% | -0.80% | 2.96% | 7.11% |
Capital Gain Distribution Analysis
DFIGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.074 | OrdinaryDividend |
Jun 27, 2024 | $0.076 | OrdinaryDividend |
Mar 27, 2024 | $0.064 | OrdinaryDividend |
Dec 11, 2023 | $0.079 | OrdinaryDividend |
Sep 28, 2023 | $0.069 | OrdinaryDividend |
Jun 29, 2023 | $0.055 | OrdinaryDividend |
Mar 30, 2023 | $0.054 | OrdinaryDividend |
Dec 12, 2022 | $0.054 | OrdinaryDividend |
Sep 29, 2022 | $0.048 | OrdinaryDividend |
Jun 29, 2022 | $0.048 | OrdinaryDividend |
Mar 30, 2022 | $0.043 | OrdinaryDividend |
Dec 13, 2021 | $0.035 | OrdinaryDividend |
Dec 13, 2021 | $0.131 | CapitalGainLongTerm |
Sep 29, 2021 | $0.045 | OrdinaryDividend |
Jun 29, 2021 | $0.046 | OrdinaryDividend |
Mar 30, 2021 | $0.041 | OrdinaryDividend |
Dec 14, 2020 | $0.034 | OrdinaryDividend |
Dec 14, 2020 | $0.032 | CapitalGainShortTerm |
Dec 14, 2020 | $0.304 | CapitalGainLongTerm |
Sep 29, 2020 | $0.054 | OrdinaryDividend |
Jun 29, 2020 | $0.064 | OrdinaryDividend |
Mar 30, 2020 | $0.065 | OrdinaryDividend |
Dec 16, 2019 | $0.077 | OrdinaryDividend |
Sep 27, 2019 | $0.070 | OrdinaryDividend |
Jun 27, 2019 | $0.071 | OrdinaryDividend |
Mar 28, 2019 | $0.059 | OrdinaryDividend |
Dec 17, 2018 | $0.080 | OrdinaryDividend |
Sep 27, 2018 | $0.067 | OrdinaryDividend |
Jun 28, 2018 | $0.066 | OrdinaryDividend |
Mar 28, 2018 | $0.054 | OrdinaryDividend |
Dec 14, 2017 | $0.069 | OrdinaryDividend |
Dec 14, 2017 | $0.013 | CapitalGainLongTerm |
Sep 28, 2017 | $0.060 | OrdinaryDividend |
Jun 29, 2017 | $0.063 | OrdinaryDividend |
Mar 30, 2017 | $0.059 | OrdinaryDividend |
Dec 14, 2016 | $0.074 | OrdinaryDividend |
Dec 14, 2016 | $0.010 | CapitalGainShortTerm |
Dec 14, 2016 | $0.022 | CapitalGainLongTerm |
Sep 29, 2016 | $0.050 | OrdinaryDividend |
Jun 29, 2016 | $0.061 | OrdinaryDividend |
Mar 30, 2016 | $0.062 | OrdinaryDividend |
Dec 15, 2015 | $0.075 | OrdinaryDividend |
Dec 15, 2015 | $0.001 | CapitalGainShortTerm |
Dec 15, 2015 | $0.055 | CapitalGainLongTerm |
Sep 09, 2015 | $0.067 | OrdinaryDividend |
Jun 08, 2015 | $0.068 | OrdinaryDividend |
Mar 09, 2015 | $0.043 | OrdinaryDividend |
Dec 15, 2014 | $0.092 | OrdinaryDividend |
Dec 15, 2014 | $0.063 | CapitalGainLongTerm |
Sep 09, 2014 | $0.066 | OrdinaryDividend |
Jun 09, 2014 | $0.073 | OrdinaryDividend |
Mar 10, 2014 | $0.047 | OrdinaryDividend |
Dec 11, 2013 | $0.103 | OrdinaryDividend |
Sep 10, 2013 | $0.074 | OrdinaryDividend |
Jun 10, 2013 | $0.076 | OrdinaryDividend |
Mar 08, 2013 | $0.052 | OrdinaryDividend |
Dec 12, 2012 | $0.113 | OrdinaryDividend |
Dec 12, 2012 | $0.023 | CapitalGainLongTerm |
Sep 10, 2012 | $0.087 | OrdinaryDividend |
Jun 08, 2012 | $0.091 | OrdinaryDividend |
Mar 08, 2012 | $0.061 | OrdinaryDividend |
Dec 12, 2011 | $0.133 | OrdinaryDividend |
Dec 12, 2011 | $0.005 | CapitalGainShortTerm |
Dec 12, 2011 | $0.088 | CapitalGainLongTerm |
Sep 08, 2011 | $0.107 | OrdinaryDividend |
Jun 08, 2011 | $0.107 | OrdinaryDividend |
Mar 08, 2011 | $0.072 | OrdinaryDividend |
Dec 09, 2010 | $0.157 | OrdinaryDividend |
Dec 09, 2010 | $0.041 | CapitalGainLongTerm |
Sep 08, 2010 | $0.123 | OrdinaryDividend |
Jun 08, 2010 | $0.120 | OrdinaryDividend |
Mar 09, 2010 | $0.074 | OrdinaryDividend |
Dec 09, 2009 | $0.162 | OrdinaryDividend |
Dec 09, 2009 | $0.006 | CapitalGainShortTerm |
Dec 09, 2009 | $0.045 | CapitalGainLongTerm |
Sep 09, 2009 | $0.123 | OrdinaryDividend |
Jun 09, 2009 | $0.128 | OrdinaryDividend |
Mar 10, 2009 | $0.082 | OrdinaryDividend |
Dec 10, 2008 | $0.188 | OrdinaryDividend |
Dec 10, 2008 | $0.060 | CapitalGainLongTerm |
Sep 09, 2008 | $0.130 | OrdinaryDividend |
Jun 10, 2008 | $0.129 | OrdinaryDividend |
Mar 10, 2008 | $0.086 | OrdinaryDividend |
Dec 19, 2007 | $0.176 | OrdinaryDividend |
Dec 19, 2007 | $0.001 | CapitalGainLongTerm |
Sep 10, 2007 | $0.129 | OrdinaryDividend |
Jun 08, 2007 | $0.126 | OrdinaryDividend |
Mar 08, 2007 | $0.083 | OrdinaryDividend |
Dec 18, 2006 | $0.168 | OrdinaryDividend |
Dec 18, 2006 | $0.004 | CapitalGainLongTerm |
Sep 08, 2006 | $0.122 | OrdinaryDividend |
Jun 08, 2006 | $0.121 | OrdinaryDividend |
Mar 08, 2006 | $0.081 | OrdinaryDividend |
Dec 19, 2005 | $0.166 | OrdinaryDividend |
Dec 19, 2005 | $0.001 | CapitalGainShortTerm |
Dec 19, 2005 | $0.062 | CapitalGainLongTerm |
Sep 08, 2005 | $0.133 | OrdinaryDividend |
Jun 08, 2005 | $0.130 | OrdinaryDividend |
Mar 08, 2005 | $0.079 | OrdinaryDividend |
Dec 20, 2004 | $0.183 | OrdinaryDividend |
Sep 08, 2004 | $0.139 | OrdinaryDividend |
Jun 08, 2004 | $0.141 | OrdinaryDividend |
Mar 09, 2004 | $0.085 | OrdinaryDividend |
Dec 22, 2003 | $0.190 | OrdinaryDividend |
Dec 22, 2003 | $0.024 | CapitalGainShortTerm |
Dec 22, 2003 | $0.262 | CapitalGainLongTerm |
Sep 09, 2003 | $0.149 | OrdinaryDividend |
Jun 10, 2003 | $0.176 | OrdinaryDividend |
Mar 10, 2003 | $0.099 | OrdinaryDividend |
Dec 16, 2002 | $0.225 | OrdinaryDividend |
Dec 16, 2002 | $0.196 | CapitalGainLongTerm |
Jun 10, 2002 | $0.158 | OrdinaryDividend |
Mar 08, 2002 | $0.103 | OrdinaryDividend |
Dec 17, 2001 | $0.219 | OrdinaryDividend |
Sep 09, 1997 | $0.168 | OrdinaryDividend |
Jun 10, 1997 | $0.167 | OrdinaryDividend |
Mar 10, 1997 | $0.107 | OrdinaryDividend |
Dec 27, 1996 | $0.215 | OrdinaryDividend |
Sep 10, 1996 | $0.161 | OrdinaryDividend |
Jun 10, 1996 | $0.162 | OrdinaryDividend |
Mar 08, 1996 | $0.107 | OrdinaryDividend |
Dec 27, 1995 | $0.079 | OrdinaryDividend |
Nov 27, 1995 | $0.166 | OrdinaryDividend |
Sep 08, 1995 | $0.212 | OrdinaryDividend |
Jun 08, 1995 | $0.193 | OrdinaryDividend |
Mar 01, 1995 | $0.121 | OrdinaryDividend |
Dec 28, 1994 | $0.079 | OrdinaryDividend |
Nov 28, 1994 | $0.176 | ExtraDividend |
Sep 08, 1994 | $0.203 | OrdinaryDividend |
Jun 08, 1994 | $0.184 | OrdinaryDividend |
Mar 08, 1994 | $0.120 | OrdinaryDividend |
DFIGX - Fund Manager Analysis
Managers
David Plecha
Start Date
Tenure
Tenure Rank
Oct 19, 1990
31.64
31.6%
David Plecha is Dimensional’s Global Head of Fixed Income. A member of the Investment Committee and Investment Research Committee, he not only manages US and global portfolios but also maintains much of the fixed income research and client communications. Dave received his Chartered Financial Analyst® designation in 1996. Prior to joining Dimensional in 1989, he managed stock index futures and options for Leland O’Brien Rubinstein Associates and was an operations planner for Texas Instruments.
Joseph Kolerich
Start Date
Tenure
Tenure Rank
Feb 28, 2012
10.26
10.3%
Joseph Kolerich is Head of Fixed Income, Americas, Senior Portfolio Manager and Vice President of Dimensional and a member of the Investment Committee. Mr. Kolerich has an MBA from the University of Chicago Booth School of Business and a BS from Northern Illinois University. Mr. Kolerich joined DFA as a portfolio manager in 2001 and has been responsible for the fixed income portfolios since 2012.
Alan Hutchison
Start Date
Tenure
Tenure Rank
Feb 28, 2016
6.26
6.3%
Mr. Hutchison is a Portfolio Manager of Dimensional Fund Advisors LP. Mr. Hutchison holds an MBA from Drake University and a BBA from Texas Tech University. Mr. Hutchison joined Dimensional Fund Advisors LP in 2006, has been a portfolio manager since 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.11 | 31.64 | 8.38 | 7.35 |