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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 Two-Year Global Fixed Income Portfolio (the Two-Year Global Portfolio) is to maximize total returns consistent with preservation of capital. Total return is comprised of income and capital appreciation. The Two-Year Global Portfolio seeks to maximize risk-adjusted total returns from a universe of U.S. and foreign debt securities maturing in three years or less from the date of settlement. The Two-Year Global Portfolio invests in obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, corporate debt obligations, bank obligations, commercial paper, repurchase agreements, obligations of other domestic and foreign issuers, securities of domestic or foreign issuers denominated in U.S. dollars but not trading n the United States, and obligations of supranational organizations. At the present time, Dimensional Fund Advisors LP (the Advisor) expects that most investments will be made in the obligations of issuers which are in developed countries. However, in the future, the Advisor anticipates investing in issuers located in other countries as well. The fixed income securities in which the Two-Year Global Portfolio invests are considered investment grade at the time of purchase. Under normal market conditions, the Portfolio intends to invest its assets to gain exposure to issuers of at least three different countries, one of which may be the United States. An issuer may be considered to be of a country if it is organized under the laws of, maintains its principal place of business in, has at least 50% of its assets or derives at least 50% of its operating income in, or is a government, government agency, instrumentality or central bank of, that country. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in fixed income securities that mature within two years from the date of settlement. It is the policy of the Two-Year Global Portfolio that the weighted average length of maturity of investments will not exceed two years. In making purchase decisions, if the expected term premium is greater for longer-term securities in the eligible maturity range, the Advisor will focus investment in the longer-term area, otherwise, the Portfolio will focus investment in the shorter-term area of the eligible maturity range. In addition, 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. Because many of the Portfolios investments may be denominated in foreign currencies, the Portfolio may also enter into foreign currency forward contracts to attempt to protect against uncertainty in the level of future foreign currency rates, to hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another. In regard to currency hedging, it is generally not possible to precisely match the foreign currency exposure of such foreign currency forward contracts to the value of the securities involved due to fluctuations in the market values of such securities and cash flows into and out of the Portfolio between the date a foreign currency forward contract is entered into and the date it expires. The Portfolio may purchase or sell futures contracts and options on futures contracts, to hedge its currency exposure or 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 Two-Year Global Portfolio may lend its portfolio securities to generate additional income.

Net Asset Value

as of 5:09 PM ET 01/21/2022

Performance

  • 1 Week
  • -0.09%
  • 1 Month
  • -1.12%
  • 3 Months
  • -1.95%
  • 1 Yr Return
  • -2.94%
  • 5 Yr Return
  • -2.85%

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 99.14%
Cash 0.86%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 13.61 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.26 -0.12 0.18
Beta 0.24 0.28 0.47
R Squared 0.40 0.46 0.63
Std Deviation 1.25 1.23 1.75
Sharpe Ratio 0.54 0.46 n/a

Purchase Information

as of 4:58 PM ET 01/19/2022
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
  • -1.03%
  • -1.03%
-1.03% -1.03%
3 Year
  • +1.49%
  • +1.49%
+1.49% +1.49%
10 Year
  • +1.85%
  • +1.85%
+1.85% +1.85%
Life Of Fund
  • +4.76%
  • +4.76%
+4.76% +4.76%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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