DFA Selective State Municipal Bond Portfolio Inst (DSSMX)
9.46
0.00 (0.00%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.23% | 607.32M | -- | 114.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 79.30M | 3.48% |
Basic Info
| Investment Strategy | |
| The Portfolio seeks to provide current income that is expected to be exempt from federal personal income taxes. It invests primarily in a universe of investment grade municipal securities. The Portfolio will maintain a dollar-weighted average portfolio duration of more than three years but less 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 | Short-Intmdt Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short-Intmdt 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:
15
-18.45M
Peer Group Low
216.07M
Peer Group High
1 Year
% Rank:
38
79.30M
-842.12M
Peer Group Low
2.930B
Peer Group High
3 Months
% Rank:
33
-704.12M
Peer Group Low
683.93M
Peer Group High
3 Years
% Rank:
15
-2.311B
Peer Group Low
2.903B
Peer Group High
6 Months
% Rank:
35
-769.76M
Peer Group Low
1.449B
Peer Group High
5 Years
% Rank:
6
-4.372B
Peer Group Low
4.937B
Peer Group High
YTD
% Rank:
32
-752.41M
Peer Group Low
1.762B
Peer Group High
10 Years
% Rank:
--
-6.144B
Peer Group Low
9.343B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of May 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.50% |
| Stock | 0.00% |
| Bond | 98.63% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.87% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV AZ 4.000 01/01/2038 | 1.12% | 99.28 | 0.00% |
|
Other Assets less Liabilities
|
0.87% | -- | -- |
| University of Texas System UNIVOFAK 2.55 09/03/2026 FIX USD Corporate | 0.86% | 100.00 | 0.00% |
| FLORIDA ST TPK AUTH TPK REV FL 5.000 07/01/2037 | 0.79% | 111.14 | -0.00% |
| KING CNTY WASH SCH DIST NO 411 ISSAQUAH WA 4.000 12/01/2031 | 0.75% | 100.07 | -0.00% |
| KENTUCKY ST TPK AUTH ECONOMIC DEV RD REV KY 5.000 07/01/2028 | 0.75% | 104.26 | -0.01% |
| WISCONSIN ST WI 5.000 05/01/2043 | 0.75% | 106.13 | -0.10% |
| WISCONSIN ST WI 5.000 05/01/2027 | 0.72% | 101.65 | -0.01% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT NY 5.000 03/15/2042 | 0.70% | 101.70 | -0.00% |
| MASSACHUSETTS ST MA 5.000 01/01/2043 | 0.68% | 100.53 | -0.02% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.18% |
| 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 |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Portfolio seeks to provide current income that is expected to be exempt from federal personal income taxes. It invests primarily in a universe of investment grade municipal securities. The Portfolio will maintain a dollar-weighted average portfolio duration of more than three years but less 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 | Short-Intmdt Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short-Intmdt Municipal Debt Funds |
| Fund Owner Firm Name | Dimensional |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 2.80% |
| 30-Day SEC Yield (7-31-26) | 3.18% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 608 |
| Bond | |
| Yield to Maturity (5-31-26) | 3.09% |
| Effective Duration | 3.93 |
| Average Coupon | 4.64% |
| Calculated Average Quality | 2.119 |
| Effective Maturity | 6.054 |
| Nominal Maturity | 8.673 |
| Number of Bond Holdings | 603 |
As of May 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 9/30/2020 |
| 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:DSSMX", "name") |
| Broad Asset Class: =YCI("M:DSSMX", "broad_asset_class") |
| Broad Category: =YCI("M:DSSMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DSSMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |