DFA MN Municipal Bond Portfolio Institutional (DMNBX)
9.90
+0.01
(+0.10%)
USD |
Jan 16 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 31.54M | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 4.300M | 3.15% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income that is expected to be exempt from federal personal income taxes and Minnesota state personal income taxes. It will invest primarily in municipal securities issued by or on behalf of Minnesota State or local governments, instrumentalities and regional governmental authorities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Minnesota Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Minnesota 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:
69
-22.00M
Peer Group Low
12.55M
Peer Group High
1 Year
% Rank:
28
4.300M
-67.59M
Peer Group Low
15.00M
Peer Group High
3 Months
% Rank:
66
-29.99M
Peer Group Low
14.01M
Peer Group High
3 Years
% Rank:
28
-268.09M
Peer Group Low
120.45M
Peer Group High
6 Months
% Rank:
32
-41.20M
Peer Group Low
21.95M
Peer Group High
5 Years
% Rank:
49
-455.02M
Peer Group Low
47.25M
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
32
-554.49M
Peer Group Low
359.65M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 20, 2026.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.19% |
| Stock | 0.00% |
| Bond | 98.41% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.40% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MINNEAPOLIS MINN MN 3.000 12/01/2027 | 4.26% | 100.00 | -0.00% |
| HENNEPIN CNTY MINN MN 5.000 12/01/2031 | 3.00% | -- | -- |
| MINNEAPOLIS MINN MN 5.500 12/01/2026 | 2.51% | -- | -- |
| METROPOLITAN COUNCIL MINN MINNEAPOLIS-ST PAUL MET AREA MN 5.000 12/01/2026 | 2.49% | 102.30 | -0.02% |
| WACONIA MINN MN 3.000 02/01/2026 | 2.41% | -- | -- |
| MINNESOTA ST MN 08/01/2026 (Called) | 2.18% | -- | -- |
| WHITE BEAR LAKE MINN INDPT SCH DIST NO 624 MN 5.000 02/01/2028 | 2.01% | -- | -- |
| MOORHEAD MINN PUB UTIL REV MN 11/01/2025 (Matured) | 1.97% | -- | -- |
| MINNESOTA ST MN 5.000 08/01/2026 | 1.79% | 101.43 | -0.02% |
| OSSEO MINN INDPT SCH DIST NO 279 MN 5.000 02/01/2029 | 1.58% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.08% |
| 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 current income that is expected to be exempt from federal personal income taxes and Minnesota state personal income taxes. It will invest primarily in municipal securities issued by or on behalf of Minnesota State or local governments, instrumentalities and regional governmental authorities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Minnesota Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Minnesota Municipal Debt Funds |
| Fund Owner Firm Name | Dimensional |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-15-26) | 2.39% |
| 30-Day SEC Yield (11-30-25) | 2.44% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 103 |
| Bond | |
| Yield to Maturity (10-31-25) | 2.58% |
| Effective Duration | 1.08 |
| Average Coupon | 4.83% |
| Calculated Average Quality | 1.337 |
| Effective Maturity | 1.392 |
| Nominal Maturity | 1.802 |
| Number of Bond Holdings | 101 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 7/25/2017 |
| 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:DMNBX", "name") |
| Broad Asset Class: =YCI("M:DMNBX", "broad_asset_class") |
| Broad Category: =YCI("M:DMNBX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DMNBX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |