DFA California Municipal Real Return Portfl Inst (DCARX)
10.65
+0.01
(+0.09%)
USD |
Mar 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.25% | 391.88M | -- | 137.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 33.94M | 2.71% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide inflation protection and earn current income that is expected to be exempt from federal personal income taxes and California state personal income taxes. It invests primarily in a universe of municipal securities. It will maintain an average portfolio duration of no greater than five years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Medium Term |
| Peer Group | California Sh-Intmdt Municipal Debt Fds |
| Global Macro | -- |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Sh-Intmdt Municipal Debt Fds |
| Fund Owner Firm Name | Dimensional |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
36
-3.794M
Peer Group Low
17.11M
Peer Group High
1 Year
% Rank:
59
33.94M
12.17M
Peer Group Low
139.09M
Peer Group High
3 Months
% Rank:
53
-8.920M
Peer Group Low
36.71M
Peer Group High
3 Years
% Rank:
30
-143.76M
Peer Group Low
123.20M
Peer Group High
6 Months
% Rank:
59
-16.13M
Peer Group Low
53.18M
Peer Group High
5 Years
% Rank:
6
-243.33M
Peer Group Low
179.16M
Peer Group High
YTD
% Rank:
36
-11.30M
Peer Group Low
30.69M
Peer Group High
10 Years
% Rank:
6
-503.20M
Peer Group Low
344.55M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 03, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 98.21% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.79% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Interest Rate Swap General Security
|
2.09% | -- | -- |
| CALIFORNIA ST CA 5.000 08/01/2027 | 1.98% | -- | -- |
| SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST CA 5.000 08/01/2027 | 1.84% | -- | -- |
| BERKELEY CALIF CA 4.000 07/28/2026 | 1.67% | -- | -- |
| LOS ANGELES CALIF UNI SCH DIST CA 5.000 07/01/2030 | 1.64% | 113.57 | -0.16% |
| SAN DIEGO CNTY & SCH DIST NT PARTNS CALIF CA 5.000 08/31/2026 | 1.34% | -- | -- |
| SAN DIEGO CNTY CALIF CA 5.000 06/30/2026 | 1.34% | -- | -- |
| VENTURA CNTY CALIF CMNTY COLLEGE DIST CA 4.000 08/01/2032 | 1.32% | 100.27 | -0.00% |
|
California Statewide Communities Development Authority 2.48% 05-MAY-2026
|
1.32% | -- | -- |
| CALIFORNIA ST CA 3.500 08/01/2027 | 1.31% | 102.01 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.20% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide inflation protection and earn current income that is expected to be exempt from federal personal income taxes and California state personal income taxes. It invests primarily in a universe of municipal securities. It will maintain an average portfolio duration of no greater than five years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Medium Term |
| Peer Group | California Sh-Intmdt Municipal Debt Fds |
| Global Macro | -- |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Sh-Intmdt Municipal Debt Fds |
| Fund Owner Firm Name | Dimensional |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-27-26) | 2.57% |
| 30-Day SEC Yield (1-31-26) | 1.98% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 325 |
| Bond | |
| Yield to Maturity (11-30-25) | 2.21% |
| Effective Duration | 1.21 |
| Average Coupon | 4.76% |
| Calculated Average Quality | 1.986 |
| Effective Maturity | 2.271 |
| Nominal Maturity | 3.665 |
| Number of Bond Holdings | 317 |
As of November 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 11/1/2017 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:DCARX", "name") |
| Broad Asset Class: =YCI("M:DCARX", "broad_asset_class") |
| Broad Category: =YCI("M:DCARX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DCARX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |