DFA Municipal Bond Portfolio (DFMPX)
The Portfolio seeks its investment objective by investing primarily in a universe of investment grade municipal securities. Under normal market conditions, it will invest at least 80% of its net assets in municipal securities that pay interest exempt from federal income tax. Generally, the Portfolio will acquire obligations that mature within fifteen years from the date of settlement. It will maintain a dollar-weighted average portfolio duration of more than three years but less than five years.
Fund Info
US23320G2324
Mar 9, 2015
$0
Expense Ratio
DFMPX has an expense ratio of 0.21%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DFA Municipal Bond 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 Municipal Bond Portfolio had a return of 0.67% year-to-date (YTD) and 2.01% in the last 12 months.
DFMPX
0.67%
0.67%
0.78%
2.01%
0.45%
N/A
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
Monthly Returns
The table below presents the monthly returns of DFMPX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.47% | 0.67% | |||||||||||
| 2024 | -0.25% | 0.09% | -0.27% | -0.57% | -0.38% | 1.02% | 0.74% | 0.82% | 0.52% | -0.94% | 0.82% | -0.50% | 1.08% |
| 2023 | 1.71% | -1.94% | 1.76% | -0.53% | -0.82% | 0.49% | 0.20% | -0.49% | -1.34% | -0.09% | 3.11% | 1.26% | 3.24% |
| 2022 | -1.97% | -0.33% | -1.87% | -1.45% | 1.52% | -0.43% | 1.69% | -1.76% | -2.35% | -0.02% | 2.47% | 0.18% | -4.37% |
| 2021 | 0.12% | -0.96% | 0.21% | 0.27% | -0.02% | -0.02% | 0.46% | -0.11% | -0.51% | -0.12% | 0.16% | -0.03% | -0.55% |
| 2020 | 0.93% | 0.49% | -1.38% | 0.12% | 2.35% | -0.06% | 0.60% | -0.09% | 0.02% | -0.17% | 0.35% | 0.11% | 3.29% |
| 2019 | 0.76% | 0.31% | 0.51% | 0.06% | 0.81% | 0.41% | 0.62% | 0.50% | -0.67% | 0.35% | 0.11% | 0.21% | 4.05% |
| 2018 | -0.37% | -0.12% | -0.06% | -0.30% | 0.63% | 0.21% | 0.33% | 0.02% | -0.49% | -0.16% | 0.68% | 0.83% | 1.20% |
| 2017 | 0.63% | 0.56% | -0.07% | 0.58% | 0.70% | -0.29% | 0.49% | 0.41% | -0.52% | -0.09% | -0.90% | 0.38% | 1.88% |
| 2016 | 1.44% | 0.26% | -0.36% | 0.48% | -0.19% | 0.77% | 0.18% | -0.02% | -0.33% | -0.30% | -2.16% | 0.57% | 0.30% |
| 2015 | 0.60% | -0.36% | -0.40% | 0.10% | 0.58% | 0.10% | 0.69% | 0.51% | -0.02% | 0.30% | 2.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DFMPX is 57, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DFA Municipal Bond Portfolio (DFMPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DFA Municipal Bond Portfolio provided a 1.48% dividend yield over the last twelve months, with an annual payout of $0.15 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.15 | $0.12 | $0.09 | $0.10 | $0.15 | $0.16 | $0.14 | $0.12 | $0.11 | $0.09 |
Dividend yield | 1.48% | 1.47% | 1.16% | 0.89% | 0.98% | 1.41% | 1.51% | 1.39% | 1.18% | 1.12% | 0.89% |
Monthly Dividends
The table displays the monthly dividend distributions for DFA Municipal Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.01 | $0.00 | $0.01 | ||||||||||
| 2024 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.15 |
| 2023 | $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 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2020 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2019 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.16 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2016 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2015 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.09 |
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 Municipal Bond 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 Municipal Bond Portfolio was 7.64%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current DFA Municipal Bond Portfolio drawdown is 0.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.64% | Feb 16, 2021 | 428 | Oct 25, 2022 | — | — | — |
| -7.31% | Mar 10, 2020 | 9 | Mar 20, 2020 | 43 | May 21, 2020 | 52 |
| -3.09% | Aug 25, 2016 | 68 | Dec 1, 2016 | 120 | May 30, 2017 | 188 |
| -2.16% | Sep 12, 2017 | 156 | Apr 25, 2018 | 173 | Jan 2, 2019 | 329 |
| -1.55% | Apr 8, 2015 | 42 | Jun 5, 2015 | 55 | Aug 24, 2015 | 97 |
Volatility
Volatility Chart
The current DFA Municipal Bond Portfolio volatility is 0.49%, 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.