Is DFA Tax-Managed US Marketwide Value II Fund (DFMVX) Worth Another Look?
DFA Tax-Managed US Marketwide Value II Fund (DFMVX) a Zacks Rank #1 (Strong Buy) was incepted in December 1998 and is managed by Dimensional Fund Advisors Inc. DFMVX seeks to achieve long-term capital appreciation. DFMVX invests in securities of US companies whose size (market capitalization) falls within the largest 95% of the market universe. The market universe is comprised of companies listed on the New York Stock Exchange, American Stock Exchange, and NASDAQ National Market System. DFMVX invests in value stocks and securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value.
This All Cap Value product, as of the last filing, allocates their fund in three major groups; Large Value, Foreign Bond and Small Growth. Further, as of the last filing, Comcast Corporation, AT&T, Inc and Exxon Mobil Corporation were the top holdings for DFMVX.
The DFA Tax-Managed US Marketwide Value II fund, managed by Dimensional, carries an expense ratio of 0.22%. Moreover, DFMVX requires a minimal initial investment of $0.
DFMVX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.75% and 5 year 13.03%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
DFMVX’s performance, as of the last filing, when compared to funds in its category was in the top 40% in 1 year, top 43% over the past 3 years, and in the 11% over the past 5 years.
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