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 1300, 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 Dec 31, 2018, Dimensional Fund Advisor had nearly $517 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 Dimensional funds.
DFA US Targeted Value R2 DFTPX seeks appreciation of capital for the long run. DFTPX maintains a diverse portfolio by investing mainly in readily marketable securities of domestic mid- and small-cap companies that are expected to be value stocks. DFA US Targeted Value R2 has three-year annualized returns of 11.7%.
As of December 2018, DFTPX held 1,520 issues, with 0.74% of its assets invested in Arrow Electronics Inc.
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 three-year annualized returns of 14.1%.
DTMEX has an expense ratio of 0.22% compared with the category average of 0.95%.
DFA Tax-Managed US Marketwide Value DTMMX is part of Tax-Managed U.S. Marketwide Value Series, which invests in a wide variety of securities of domestic companies that are believed to be undervalued. DTMMX seeks to attain capital growth for the long run. DFA Tax-Managed US Marketwide Value has three-year annualized returns of 12.9%.
Joseph H. Chi is one of the fund managers of DTMMX 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.
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