Key stats
About Dimensional Short-Duration Fixed Income ETF
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Inception date
Nov 15, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Dimensional Fund Advisors LP
Distributor
DFA Securities LLC
ISIN
US25434V8643
DFSD invests in corporate and government debt securities from around the world. The fund focuses on bonds in the lower half of the investment-grade spectrum that matures within five years. The portfolio is expected to maintain its weighted average duration similar to its benchmark, the ICE BofA 1-5 Year US Corporate & Government Index. However, if the expected term premium is greater for longer-term securities in the eligible maturity range, the fund may focus in the longer-term area. DFNM hedges its foreign currency exposure and could engage in foreign currency forward contracts, securities lending, credit default swaps, or options. The fund is actively managed.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Government
Stock breakdown by region
Top 10 holdings
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DFSD assets under management is 5.28 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DFSD invests in bonds. See more details in our Analysis section.
DFSD expense ratio is 0.16%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DFSD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, DFSD pays dividends to its holders with the dividend yield of 4.55%.
DFSD shares are issued by Dimensional Holdings, Inc.
DFSD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 15, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.