DFA Short-Term Selective State Municipal Bond Inst (DFABX)
9.89
-0.01
(-0.10%)
USD |
Sep 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.25% | 186.06M | -- | 227.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -4.407M | 1.25% |
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:
66
-19.40M
Peer Group Low
229.87M
Peer Group High
1 Year
% Rank:
64
-4.407M
-501.34M
Peer Group Low
2.811B
Peer Group High
3 Months
% Rank:
57
-148.79M
Peer Group Low
952.98M
Peer Group High
3 Years
% Rank:
43
-998.82M
Peer Group Low
4.423B
Peer Group High
6 Months
% Rank:
51
-435.94M
Peer Group Low
1.122B
Peer Group High
5 Years
% Rank:
--
-7.817B
Peer Group Low
4.852B
Peer Group High
YTD
% Rank:
75
-458.42M
Peer Group Low
1.175B
Peer Group High
10 Years
% Rank:
--
-5.067B
Peer Group Low
3.107B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 27, 2026.
Asset Allocation
As of May 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.04% |
| Stock | 0.00% |
| Bond | 99.63% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.66% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BlackRock Liquidity MuniCash Inst | 1.77% | 1.000 | 0.00% |
| SUFFOLK CNTY N Y NY 07/24/2026 (Matured) | 1.59% | 100.00 | 0.00% |
| UNION CNTY N J NJ 4.000 06/11/2027 | 1.34% | 100.27 | -0.07% |
| ILLINOIS FIN AUTH REV IL 3.050 08/01/2043 | 1.27% | 100.00 | 0.00% |
| BAY SHORE N Y UN FREE SCH DIST NY 4.000 07/08/2027 | 1.08% | 100.18 | -0.08% |
| FLORIDA ST BRD ED PUB ED FL 4.000 06/01/2032 | 1.07% | 98.82 | -0.38% |
| SPARTANBURG CNTY S C SCH DIST NO 005 SC 5.000 06/15/2027 | 0.98% | 100.93 | -0.08% |
| CLARK CNTY NEV NV 5.000 07/01/2027 | 0.98% | 101.14 | -0.09% |
| REVERE MASS MA 4.000 07/29/2027 | 0.94% | 100.33 | -0.09% |
| BROWARD CNTY FLA SCH BRD CTFS PARTN FL 07/01/2026 (Matured) | 0.93% | 100.00 | 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 | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 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 (9-25-26) | 2.57% |
| 30-Day SEC Yield (7-31-26) | 2.55% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 391 |
| Bond | |
| Yield to Maturity (5-31-26) | 2.50% |
| Effective Duration | 0.82 |
| Average Coupon | 4.58% |
| Calculated Average Quality | 2.010 |
| Effective Maturity | 0.7153 |
| Nominal Maturity | 2.019 |
| Number of Bond Holdings | 387 |
As of May 31, 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. |