Founded in 1981, Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. It prides itself in having more than 1,000 investment professionals across 12 offices in North America, Asia and Europe.
Dimensional had nearly $460 billion of assets under management as of December 31, 2016. For the past three decades, the company has been providing investment management strategies to its clients. This Texas-based company invests in both domestic and foreign equities, fixed-income securities, retirement income funds, real estates and commodity markets.
Below we share with you four top-rated Dimensional 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 Tax Managed U.S. Targeted Value Portfolio Inst (MUTF:DTMVX) seeks appreciation of capital and aims to minimize federal taxes charged on returns. It normally invests more than 80% of its assets in securities of domestic mid and small-cap companies. The fund returned 28% in the last one year.
As of January 2017, DTMVX held 1,453 issues, with 0.76% of its assets invested in Zions Bancorporation (NASDAQ:ZION).
DFA International Value III Portfolio Inst (MUTF:DFVIX) is a Feeder Portfolio that invests all its assets in the corresponding master fund (DFA International Value Series Fund). It seeks appreciation of capital for the long run. The fund invests heavily in securities of large-cap foreign companies, which are considered to be value stocks. It returned 20.8% in the last one year.
DFVIX has an expense ratio of 0.24%, compared with a category average of 1.21%.
DFA Emerging Markets Value Portfolio Retirement (MUTF:DFEPX) seeks appreciation of capital for the long run. This is a Feeder Portfolio that invests its assets in the corresponding master fund (Dimensional Emerging Markets Value Fund). DFEPX invests heavily in emerging market securities that are considered to be Approved Markets securities. It returned 31% in the last one year.
Jed S. Fogdall has been one of the fund managers of DFEPX since 2010.
DFA U.S. Large Cap Value III Portfolio Inst (MUTF:DFUVX) invests nearly all of its assets in its master fund, the U.S. Large Cap Value Series, which in turn allocates most of its assets in securities of domestic large-cap companies that are believed to be undervalued. The fund seeks growth of capital for the long run. It returned 28.8% in the last one year.
DFUVX has an expense ratio of 0.13%, compared with a category average of 1.09%.