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 $517 billion of assets under management as of Dec 31, 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 US Large Cap Value III (DFUVX – Free Report) 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 7.9%.
DFUVX has an expense ratio of 0.13% compared with the category average of 1.00%.
DFA US Targeted Value R1 (DFTVX – Free Report) 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 5.3%.
Jed Fogdall has been one of the fund managers of DFTVX since 2012.
DFA Tax-Managed US Marketwide Value (DTMMX – Free Report) 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 7.2%.
As of November 2018, DTMMX held 1,173 issues, with 4.33% of its assets invested in JPMorgan Chase & Co.
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 >>