DFA Short-Term Selective State Municipal Bond Inst (DFABX)
9.93
0.00 (0.00%)
USD |
Oct 16 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.25% | 183.07M | -- | 227.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -12.08M | 1.86% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income that is expected to be exempt from federal personal income taxes. At least 75% of the assets will be invested in municipal securities that, at the time of purchase, are rated in the top three credit rating categories, the interest is exempt from regular federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Dimensional |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
77
-137.68M
Peer Group Low
378.06M
Peer Group High
1 Year
% Rank:
72
-12.08M
-520.28M
Peer Group Low
2.804B
Peer Group High
3 Months
% Rank:
65
-171.80M
Peer Group Low
913.74M
Peer Group High
3 Years
% Rank:
45
-1.015B
Peer Group Low
4.749B
Peer Group High
6 Months
% Rank:
66
-417.12M
Peer Group Low
1.241B
Peer Group High
5 Years
% Rank:
--
-8.015B
Peer Group Low
5.023B
Peer Group High
YTD
% Rank:
80
-458.31M
Peer Group Low
1.302B
Peer Group High
10 Years
% Rank:
--
-5.030B
Peer Group Low
3.101B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 19, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.72% |
| Stock | 0.00% |
| Bond | 103.9% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -4.64% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| ANCHORAGE ALASKA AK 5.000 09/01/2027 | 1.61% | 101.52 | 0.00% |
| REVERE MASS MA 4.000 07/29/2027 | 1.51% | 100.62 | 0.00% |
| SEATTLE WASH MUN LT & PWR REV WA 5.000 08/01/2029 | 1.48% | 104.82 | 0.00% |
| UNION CNTY N J NJ 4.000 06/11/2027 | 1.32% | 100.50 | 0.00% |
|
USD Cash
|
1.09% | -- | -- |
| BAY SHORE N Y UN FREE SCH DIST NY 4.000 07/08/2027 | 1.06% | 100.45 | 0.00% |
| FLORIDA ST BRD ED PUB ED FL 4.000 06/01/2032 | 1.06% | 100.05 | 0.00% |
| NANTUCKET MASS MA 4.000 07/23/2027 | 0.99% | 100.45 | 0.00% |
| SPARTANBURG CNTY S C SCH DIST NO 005 SC 5.000 06/15/2027 | 0.97% | 101.12 | 0.00% |
| CLARK CNTY NEV NV 5.000 07/01/2027 | 0.96% | 101.34 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.18% |
| Administration Fee | 41000.00 None |
| 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 |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income that is expected to be exempt from federal personal income taxes. At least 75% of the assets will be invested in municipal securities that, at the time of purchase, are rated in the top three credit rating categories, the interest is exempt from regular federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Dimensional |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-16-26) | 2.55% |
| 30-Day SEC Yield (9-30-26) | 2.99% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 388 |
| Bond | |
| Yield to Maturity (6-30-26) | 2.32% |
| Effective Duration | 0.92 |
| Average Coupon | 4.55% |
| Calculated Average Quality | 2.006 |
| Effective Maturity | 1.042 |
| Nominal Maturity | 2.229 |
| Number of Bond Holdings | 383 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 4/12/2022 |
| Last Annual Report Date | 10/31/2025 |
| Last Prospectus Date | 2/28/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| 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:DFABX", "name") |
| Broad Asset Class: =YCI("M:DFABX", "broad_asset_class") |
| Broad Category: =YCI("M:DFABX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DFABX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |