Morningstar® Investment Profile™   Morningstar®
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DFA VA Global Bond
Release date as of 2024-03-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-03-31
Out of 108
Global Bond-USD Hedged Funds
Morningstar®
Style Box™
What is this?
As of 2024-02-29
Total Fund Assets ($ Mil)
337.29
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to provide a market rate of return for a fixed income portfolio with low relative volatility of returns.
The fund invests in a universe of U.S. and foreign debt securities maturing in five years or less from the date of settlement. It primarily purchases obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, corporate debt obligations, bank obligations, commercial paper, repurchase agreements, money market funds, securities of domestic and foreign issuers denominated in U.S. dollars but not trading in the U.S. and obligations of supranational organizations.
  Morningstar Category: Global Bond-USD Hedged
USD hedged portfolios typically invest 40% or more of their assets in fixed-income instruments issued outside of the U.S. These portfolios invest primarily in investment-grade rated issues, but their strategies can vary. Some follow a conservative approach, sticking with high-quality bonds from developed markets. Others are more adventurous, owning some lower-quality bonds from developed or emerging markets. Some portfolios invest exclusively outside the U.S., while others invest in both U.S. and non-U.S. bonds. Funds in this category hedge most of their non-U.S.-dollar currency exposure back to the U.S. dollar. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 0.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 0.0
Bullet Bonds Bonds 38.8
Bullet Cash Cash 61.2
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-02-29
Morningstar Fixed-Income Sectors
% Fund
Government 34.04
Corporate 9.75
Securitized 0.25
Municipal 0.00
Cash & Equivalents 23.76
Derivative 32.20
Data through 2024-02-29
Credit Analysis
% Bonds
AAA 33.55
AA 63.84
A 2.62
BBB 0.00
BB 0.00
B 0.00
Below B 0.00
Not Rated 0.00
Data through 2024-02-29
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 112
% of Net Assets in Top 10 Holdings 18.89
Turnover % (as of 2023-10-31) 62.00
30 Day SEC Yield % 4.83
Top Holdings
Maturity
Date 		Shares
 Value
$000 		% of Net
Assets
United States Treasury Notes 5.49574% 2025-10-31 29,500 29,496 5.98
United States Treasury Notes 5.57074% 2026-01-31 23,000 23,020 4.67
United States Treasury Notes 5.45074% 2025-07-31 14,500 14,495 2.94
The Toronto-Dominion Bank 3.226% 2024-07-24 6,400 4,683 0.95
European Bank For Reconstruction & Development 5.63621% 2028-02-20 4,240 4,241 0.86
Inter-American Development Bank 5.69179% 2028-10-05 4,220 4,220 0.86
Dexia SA 0.5% 2024-07-16 3,500 3,436 0.70
Caisse des Depots et Consignations 5.67954% 2026-05-03 3,200 3,196 0.65
Ontario (Province Of) 3.5% 2024-06-02 4,300 3,156 0.64
Landeskreditbank Baden-Wuerttemberg Foerderbank 2% 2024-07-23 3,181 3,137 0.64
Data through 2024-02-29
  Principal Risks   
Lending, Credit and Counterparty, Prepayment (Call), Currency, Foreign Securities, Loss of Money, Not FDIC Insured, Income, Interest Rate, Market/Market Volatility, Other, Restricted/Illiquid Securities, Derivatives, Sovereign Debt, Management
Show Risk Definitions
  Other Information
Inception Date: 1995-01-12
Portfolio Manager(s)
David A. Plecha   (1995-01-12)
David Plecha is Dimensional’s Global Head of Fixed Income. A member of the Investment Committee and Investment Research Committee, he not only manages US and global portfolios but also maintains much of the fixed income research and client communications. Dave received his Chartered Financial Analyst® designation in 1996. Prior to joining Dimensional in 1989, he managed stock index futures and options for Leland O’Brien Rubinstein Associates and was an operations planner for Texas Instruments.
Travis A. Meldau   (2020-02-28)
Mr. Meldau is a Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Meldau holds an MBA from Wake Forest University, and a BSBA from Appalachian State University. Mr. Meldau joined Dimensional in 2011, has been a portfolio manager since 2011.
Joseph F. Kolerich   (2012-02-28)
Joseph Kolerich is Head of Fixed Income, Americas, Senior Portfolio Manager and Vice President of Dimensional and a member of the Investment Committee. Mr. Kolerich has an MBA from the University of Chicago Booth School of Business and a BS from Northern Illinois University. Mr. Kolerich joined DFA as a portfolio manager in 2001 and has been responsible for the fixed income portfolios since 2012.
Investment Advisor(s)
Dimensional Fund Advisors LP
Issuer
Dimensional Fund Advisors
Subadvisor(s)
Dimensional Fund Advisors Ltd
DFA Australia Limited
Show Data Definitions

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