DFA One Year Fixed Income Portfolio (DFIHX)
The fund invests in a universe of high quality fixed income securities that mature in one year or less from the date of settlement. It invests in certificates of deposit, commercial paper, bankers' acceptances, notes and bonds. It is authorized to invest more than 25% of its total assets in U.S. Treasury bonds, bills and notes, and obligations of federal agencies and instrumentalities. It may purchase or sell futures contracts and options on futures contracts, to increase or decrease market exposure based on actual or expected cash inflows to or outflows.
Fund Info
| ISIN | US2332036035 |
|---|---|
| Issuer | Dimensional Fund Advisors LP |
| Inception Date | Jul 25, 1983 |
| Category | Ultrashort Bond |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
DFIHX has an expense ratio of 0.13%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: DFIHX vs. DGCFX, DFIHX vs. MEAR, DFIHX vs. DGSIX, DFIHX vs. DFAC, DFIHX vs. PRWBX, DFIHX vs. FUAMX, DFIHX vs. PHYQX, DFIHX vs. SPYG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DFA One Year Fixed Income Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
DFA One Year Fixed Income Portfolio had a return of 4.76% year-to-date (YTD) and 5.46% in the last 12 months. Over the past 10 years, DFA One Year Fixed Income Portfolio had an annualized return of 1.51%, while the S&P 500 had an annualized return of 11.31%, indicating that DFA One Year Fixed Income Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.76% | 24.72% |
| 1 month | 0.33% | 2.30% |
| 6 months | 2.58% | 12.31% |
| 1 year | 5.46% | 32.12% |
| 5 years (annualized) | 1.82% | 13.81% |
| 10 years (annualized) | 1.51% | 11.31% |
Monthly Returns
The table below presents the monthly returns of DFIHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.52% | 0.47% | 0.44% | 0.48% | 0.45% | 0.42% | 0.48% | 0.36% | 0.51% | 0.33% | 4.76% | ||
| 2023 | 0.45% | 0.05% | 0.68% | 0.32% | 0.31% | 0.44% | 0.35% | 0.52% | 0.41% | 0.47% | 0.45% | 0.41% | 4.97% |
| 2022 | -0.38% | -0.19% | -0.67% | -0.17% | 0.35% | -0.40% | 0.21% | -0.28% | -0.46% | 0.07% | 0.36% | 0.38% | -1.17% |
| 2021 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.10% | -0.09% | -0.19% |
| 2020 | 0.19% | 0.13% | 0.04% | 0.12% | 0.13% | -0.06% | 0.03% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.62% |
| 2019 | 0.21% | 0.17% | 0.39% | 0.20% | 0.19% | 0.18% | 0.20% | 0.27% | 0.16% | 0.20% | 0.12% | 0.12% | 2.46% |
| 2018 | -0.02% | 0.01% | 0.14% | 0.04% | 0.35% | 0.06% | 0.18% | 0.26% | 0.06% | 0.10% | 0.31% | 0.37% | 1.87% |
| 2017 | 0.15% | 0.07% | 0.10% | 0.08% | 0.10% | 0.11% | 0.10% | 0.12% | 0.08% | 0.01% | -0.02% | 0.05% | 0.94% |
| 2016 | 0.24% | 0.04% | 0.17% | 0.05% | -0.04% | 0.36% | -0.04% | -0.03% | 0.06% | 0.08% | -0.13% | 0.08% | 0.85% |
| 2015 | 0.20% | 0.02% | 0.04% | 0.03% | 0.03% | 0.03% | 0.04% | -0.06% | 0.14% | 0.04% | -0.14% | -0.14% | 0.22% |
| 2014 | 0.10% | 0.11% | -0.07% | 0.02% | 0.13% | -0.07% | 0.03% | 0.02% | 0.03% | 0.03% | 0.12% | -0.23% | 0.20% |
| 2013 | 0.10% | 0.02% | 0.03% | 0.04% | -0.07% | 0.03% | 0.03% | 0.03% | 0.13% | 0.04% | 0.02% | -0.13% | 0.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DFIHX is 100, placing it in the top 0% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DFA One Year Fixed Income Portfolio (DFIHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DFA One Year Fixed Income Portfolio provided a 5.01% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.34 | $0.11 | $0.00 | $0.06 | $0.22 | $0.19 | $0.12 | $0.08 | $0.04 | $0.03 | $0.04 |
Dividend yield | 5.01% | 3.36% | 1.08% | 0.00% | 0.62% | 2.14% | 1.85% | 1.13% | 0.74% | 0.42% | 0.30% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for DFA One Year Fixed Income Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.00 | $0.43 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.06 | $0.34 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.22 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.03 | $0.19 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.12 |
| 2016 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.04 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.03 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the DFA One Year Fixed Income Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the DFA One Year Fixed Income Portfolio was 89.99%, occurring on Dec 29, 1995. Recovery took 462 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.99% | Dec 29, 1995 | 1 | Dec 29, 1995 | 462 | Oct 27, 1997 | 463 |
| -2.63% | Mar 6, 1984 | 48 | May 11, 1984 | 437 | Feb 3, 1986 | 485 |
| -2.25% | Nov 30, 2021 | 220 | Oct 13, 2022 | 129 | Apr 24, 2023 | 349 |
| -1.59% | Oct 6, 1992 | 48 | Dec 11, 1992 | 59 | Mar 9, 1993 | 107 |
| -1.32% | Aug 11, 1995 | 1 | Aug 11, 1995 | 1 | Aug 14, 1995 | 2 |
Volatility
Volatility Chart
The current DFA One Year Fixed Income Portfolio volatility is 0.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.