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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 Dimensional 2060 Target Date Retirement Income Fund (the 2060 Target Date Portfolio or the Portfolio ) is to provide total return consistent with the Portfolio s current asset allocation. Total return is composed of income and capital appreciation. To achieve its investment objective, the 2060 Target Date Portfolio allocates its assets to other mutual funds managed by the Advisor (i.e., the Underlying Funds) according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2060 (the target date) and are planning to withdraw the value of the investment in the Portfolio over many years after the target date. Over time, the Portfolio s allocation to the Underlying Funds is expected to change based on an asset allocation strategy that generally becomes more conservative (reducing its allocation to equity Underlying Funds and increasing its allocation to fixed income Underlying Funds) until reaching the landing point, which is 15 years after the target date (i.e., 2075 in the case of the Portfolio), at which time the Portfolio reaches its final static asset allocation. At the final landing point, the Portfolio is expected to reach a final static asset allocation of 15% to 25% of its assets allocated to domestic and international equity Underlying Funds and 75% to 85% of its assets allocated to fixed income Underlying Funds. The asset allocation strategy for the Portfolio reflects the need for reduced equity risk and lower volatility of the inflation-adjusted income the Portfolio may be able to support in retirement as an investor gets closer to the target date. When the Portfolio reaches the landing point, it is expected that the Advisor will recommend that the Board of Directors of the Portfolio approve combining the Portfolio with the Dimensional Retirement Income Fund, another fund managed by the Advisor, which is expected to have approximately the same asset allocation as the Portfolio at that time. As of February 28, 2021, the 2060 Target Date Portfolio has a target allocation of 75% to 97% to equity Underlying Funds and a target allocation of approximately 3% to 25% to fixed income Underlying Funds, which may include exposure through those fixed income Underlying Funds to long-term and intermediate-term U.S. Treasury Inflation-Protected Securities ( TIPS ). As of February 28, 2021, the Portfolio may invest in: (1) domestic equity Underlying Funds that purchase a broad and diverse portfolio of securities of U.S. operating companies; (2) international equity Underlying Funds that purchase a broad and diverse portfolio of securities of companies in developed and emerging markets; and (3) fixed income Underlying Funds that may purchase U.S. and foreign debt securities such as obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, long-, intermediate- and short-term TIPS, bank obligations, commercial paper, repurchase agreements, obligations of other domestic and foreign issuers, securities of domestic and foreign issuers denominated in U.S. dollars but not trading in the United States, obligations of supranational organizations, and inflation-protected securities. The fixed income Underlying Funds primarily invest in securities that are considered investment grade at the time of purchase and which have a range of maturities, including ultra-short, short, intermediate, and long-term. Certain equity Underlying Funds purchase a broad and diverse group of securities of companies with a greater emphasis on smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the universe of securities such Underlying Funds invest in. A summary of the investment strategies and policies of the Underlying Funds in which the Portfolio invests as of the date of this Prospectus is described in the Portfolio s Prospectus in the section entitled ADDITIONAL INFORMATION ON INVESTMENT OBJECTIVES AND POLICIES. The 2060 Target Date Portfolio and each Underlying Fund 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 or Underlying Fund. Certain Underlying Funds use foreign currency forward contracts to hedge foreign currency risks, 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. Certain Underlying Funds also may enter into swaps to hedge against inflation risk associated with certain securities or to buy or sell credit protection to hedge its credit exposure; gain market or issuer exposure without owning the underlying securities; or increase the Underlying Fund s total return. Certain Underlying Funds also may purchase or sell futures contracts and options on futures contracts, to hedge their interest rate or currency exposure or for non-hedging purposes, such as a substitute for direct investment. Also, the Portfolio and the Underlying Funds may lend their portfolio securities to generate additional income.

Net Asset Value

as of 5:28 PM ET 05/20/2022

Performance

  • 1 Week
  • -1.42%
  • 1 Month
  • -9.75%
  • 3 Months
  • -9.48%
  • 1 Yr Return
  • -9.16%
  • 5 Yr Return
  • +36.10%

Equity Sector Breakdown

Finance 99.99%
ConsumerDurables n/a
Energy 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
Other 99.99%
Stocks 0.01%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 37.56 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -2.65 -2.68 n/a
Beta 0.93 0.92 n/a
R Squared 0.96 0.96 n/a
Std Deviation 17.78 15.51 n/a
Sharpe Ratio 0.62 0.63 n/a

Purchase Information

as of 5:21 PM ET 05/19/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -3.14%
  • +8.65%
-3.14% +8.65%
3 Year
  • +9.95%
  • +14.03%
+9.95% +14.03%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +9.65%
  • +11.07%
+9.65% +11.07%

Top 10 Holdings

Symbol Company Name % Of Assets
DFCEX DFA INV EMERG MKT CORE EQ PTF 9.03%
DFIEX DFA INV INTL CORE EQUITY PTF 7.09%
DFUSX DFA INV US LARGE CO SERIES 32.40%
DFEOX DFA INV US CORE EQUITY 1 PTF 32.29%
DFGFX DFA INV 2 YEAR GLOBAL FIX INC 2.48%
DFEQX DFA SHORT TERM EXTENDED QUAL 2.48%
DFALX DFA INV LARGE CAP INTL PTF 14.23%
CASH TOTAL*CASH 0.01%

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