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Address And Details

6300 Bee Cave Rd, Bldg 1, Palisades W , Austin, TX 78746
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The investment objective of the DFA Short-Term Government Portfolio (the Short-Term Government Portfolio ) is to maximize total returns from the universe of debt obligations of the U.S. Government and U.S. government agencies. Total return is comprised of income and capital appreciation. The Short-Term Government Portfolio seeks to maximize risk-adjusted total returns from a universe of obligations of the U.S. Government and its agencies maturing in five years or less from the date of settlement. The credit quality of the securities purchased by the Portfolio will be that of the U.S. Government or its agencies. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in government securities that mature within five years from the date of settlement. It is the policy of the Portfolio that the maximum length of maturity of investments will not exceed five years from the date of settlement. In making these purchase decisions, if the expected term premium is greater for longer-term securities in the eligible maturity range, Dimensional Fund Advisors LP (the Advisor ) will focus investment in that longer-term area, otherwise, the portfolio will focus investment in the shorter-term area of the eligible maturity range. The Advisor expects that the Portfolio s average portfolio maturity and average portfolio duration will be three years or less. Duration is a measure of the sensitivity of a security s price to changes in interest rates. The longer a security s duration, the more sensitive it will be to interest rates. The Portfolio will also acquire repurchase agreements backed by U.S. government securities. The Portfolio 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. The Short-Term Government Portfolio may purchase or sell futures contracts and options on futures contracts, to adjust market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Portfolio does not intend to sell futures contracts to establish short positions in individual securities or to use derivatives for purposes of speculation or leveraging investment returns. The Short-Term Government Portfolio may lend its portfolio securities to generate additional income.

Net Asset Value

as of 4:55 PM ET 01/25/2022

Performance

  • 1 Week
  • +0.29%
  • 1 Month
  • -0.77%
  • 3 Months
  • -1.05%
  • 1 Yr Return
  • -2.18%
  • 5 Yr Return
  • -2.46%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 99.72%
Cash 0.28%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 1.79 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.72 -0.88 -0.49
Beta 0.11 0.19 0.29
R Squared 0.23 0.37 0.52
Std Deviation 0.77 0.96 1.19
Sharpe Ratio -0.36 -0.42 n/a

Purchase Information

as of 4:54 PM ET 01/24/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • -1.27%
  • -1.27%
-1.27% -1.27%
3 Year
  • +0.53%
  • +0.53%
+0.53% +0.53%
10 Year
  • +0.76%
  • +0.76%
+0.76% +0.76%
Life Of Fund
  • +4.45%
  • +4.45%
+4.45% +4.45%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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