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Name

As of 04/29/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Dfa Investment Dimensions Group Inc - DFA MN Municipal Bond Portfolio Fd USD Cls INST

DMNBX | Fund

$9.74

$34.1 M

2.25%

$0.22

0.41%

Vitals

YTD Return

-0.3%

1 yr return

1.7%

3 Yr Avg Return

0.0%

5 Yr Avg Return

0.7%

Net Assets

$34.1 M

Holdings in Top 10

38.1%

52 WEEK LOW AND HIGH

$9.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.41%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 20.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/29/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Dfa Investment Dimensions Group Inc - DFA MN Municipal Bond Portfolio Fd USD Cls INST

DMNBX | Fund

$9.74

$34.1 M

2.25%

$0.22

0.41%

DMNBX - Profile

Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.83%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Dfa Investment Dimensions Group Inc - DFA MN Municipal Bond Portfolio Fd USD Cls INST
  • Fund Family Name
    Dimensional Fund Advisors
  • Inception Date
    Jul 25, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Plecha

Fund Description

DMNBX - Performance

Return Ranking - Trailing

Period DMNBX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -5.1% 9.2% 15.31%
1 Yr 1.7% -5.0% 27.9% 71.88%
3 Yr 0.0%* -11.4% 2.7% 8.36%
5 Yr 0.7%* -6.3% 1101.7% 52.92%
10 Yr N/A* -0.5% 248.1% N/A

* Annualized

Return Ranking - Calendar

Period DMNBX Return Category Return Low Category Return High Rank in Category (%)
2023 1.1% -1.4% 41.0% 93.10%
2022 -2.9% -39.7% 0.3% 3.30%
2021 -1.1% -5.6% 6.9% 77.82%
2020 0.4% -2.6% 310.0% 92.60%
2019 2.1% 0.0% 26.0% 88.65%

Total Return Ranking - Trailing

Period DMNBX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -5.1% 9.2% 15.31%
1 Yr 1.7% -5.0% 27.9% 71.88%
3 Yr 0.0%* -11.4% 2.7% 8.36%
5 Yr 0.7%* -6.3% 1101.7% 52.92%
10 Yr N/A* -0.5% 248.1% N/A

* Annualized

Total Return Ranking - Calendar

Period DMNBX Return Category Return Low Category Return High Rank in Category (%)
2023 2.6% -1.3% 41.0% 98.37%
2022 -2.0% -39.7% 1.1% 3.23%
2021 -0.3% -4.8% 23761504.0% 92.96%
2020 1.4% -1.5% 17057.9% 94.03%
2019 3.3% 0.2% 3514.6% 91.57%

NAV & Total Return History

DMNBX - Holdings

Concentration Analysis

DMNBX Category Low Category High DMNBX % Rank
Net Assets 34.1 M 3.22 M 71.9 B 96.11%
Number of Holdings 65 2 13067 95.60%
Net Assets in Top 10 13.2 M -317 M 3.56 B 92.94%
Weighting of Top 10 38.13% 2.0% 100.2% 5.38%

Top 10 Holdings

  1. MINNEAPOLIS MINN 3% 8.78%
  2. MINNESOTA ST 5% 4.05%
  3. HENNEPIN CNTY MINN 5% 3.75%
  4. MINNEAPOLIS MINN SPL SCH DIST NO 001 5% 3.63%
  5. MINNESOTA ST 5% 3.57%
  6. DAKOTA CNTY MINN CMNTY DEV AGY GOVERNMENTAL HSG DEV 5% 3.49%
  7. METROPOLITAN COUNCIL MINN MINNEAPOLIS-ST PAUL MET AREA 5% 3.33%
  8. RAMSEY CNTY MINN 5% 3.30%
  9. WINDOM MINN INDPT SCH DIST NO 177 5% 3.24%
  10. MORRIS AREA SCHS MINN INDPT SCH DIST NO 2769 4% 3.22%

Asset Allocation

Weighting Return Low Return High DMNBX % Rank
Bonds 		97.88% 0.00% 150.86% 64.36%
Cash 		2.12% -50.86% 46.80% 33.92%
Stocks 		0.00% 0.00% 99.81% 59.90%
Preferred Stocks 		0.00% 0.00% 0.52% 54.76%
Other 		0.00% -3.18% 33.35% 56.63%
Convertible Bonds 		0.00% 0.00% 0.93% 54.71%

Bond Sector Breakdown

Weighting Return Low Return High DMNBX % Rank
Municipal 		97.88% 44.39% 100.00% 57.05%
Cash & Equivalents 		2.12% 0.00% 46.24% 21.17%
Derivative 		0.00% -3.18% 23.38% 53.85%
Securitized 		0.00% 0.00% 5.93% 54.71%
Corporate 		0.00% 0.00% 9.41% 62.12%
Government 		0.00% 0.00% 52.02% 58.28%

Bond Geographic Breakdown

Weighting Return Low Return High DMNBX % Rank
US 		97.88% 0.00% 142.23% 61.68%
Non US 		0.00% 0.00% 23.89% 59.09%

DMNBX - Expenses

Operational Fees

DMNBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.41% 0.01% 20.65% 90.60%
Management Fee 0.25% 0.00% 1.20% 10.22%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

DMNBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

DMNBX 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.

DMNBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 283.00% 59.54%

DMNBX - Distributions

Dividend Yield Analysis

DMNBX Category Low Category High DMNBX % Rank
Dividend Yield 2.25% 0.00% 14.28% 90.36%

Dividend Distribution Analysis

DMNBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DMNBX Category Low Category High DMNBX % Rank
Net Income Ratio 0.83% -0.53% 5.33% 91.16%

Capital Gain Distribution Analysis

DMNBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

DMNBX - Fund Manager Analysis

Managers

David Plecha

Start Date

Tenure

Tenure Rank

Jul 25, 2017

4.85

4.9%

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

Jul 25, 2017

4.85

4.9%

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.

Travis Meldau

Start Date

Tenure

Tenure Rank

Feb 28, 2018

4.25

4.3%

Mr. Meldau is a Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Meldau holds an MBA from Wake Forest University, and a BSBA from Appalachian State University. Mr. Meldau joined Dimensional in 2011, has been a portfolio manager since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.37 1.58

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