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3 Top Dimensional Mutual Funds to Buy Right Now

Zacks Equity Research
IBM's Q2 results put these ETFs in focus.

Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. With a workforce of more than 1300, Dimensional Fund Advisor has 13 offices in nine different countries, including the United States.

It invests in both domestic and foreign equities, fixed income securities, retirement income funds, real estates and commodity markets. As of Dec 31, 2018, Dimensional Fund Advisor had nearly $517 billion of assets under management. For the past three decades, the company has been providing investment management strategies to its clients. Founded 37 years ago, this fund family is headquartered in Austin, TX.

Below we share with you three top-ranked Dimensional Fund Advisor mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

DFA Tax-Managed U.S. Marketwide Value Portfolio II DFMVX seeks to provide long-term capital appreciation. The Tax-Managed Value Portfolio achieves its objective by investing a significant part of its assets in the Tax-Managed U.S. Marketwide Value Series of DFA Investment Trust Company. The fund invests the majority of its assets in securities of American companies. DFMVX has three-year annualized returns of 11.4%.

As of February 2019, DFMVX held 1,195 issues, with 4.00% of its assets invested in Comcast Corp Class A.

DFA Tax Managed U.S. Equity Portfolio DTMEX aims for long-term capital appreciation while reducing federal income taxes on returns. The fund usually purchases a diverse group of securities of U.S. companies by taking a market capitalization-weighted approach. The fund invests the majority of its assets in securities of U.S. companies. DTMEX has three-year annualized returns of 13.4%.

DTMEX has an expense ratio of 0.22% compared with the category average of 0.94%.

DFA Enhanced U.S. Large Company Portfolio Institutional Class DFELX aims for total return that is more than the total return performance of the broader S&P 500 Index. The fund invests most of its assets in short-term fixed income obligations that are enveloped by swaps, futures and other derivatives of S&P 500 in order to gain exposure to large U.S. companies. The fund may also invest directly in securities of large U.S. companies.  DFELX has three-year annualized returns of 13.2%.

David A. Plecha is one of the fund managers of DFELX since 1996.

To view the Zacks Rank and past performance of all Dimensional Investments mutual funds, investors can click here to see the complete list of funds.

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