C000109006 Performance — DFA Intermediate-Term Municipal Bond Portfolio, Institutional Class Shares
Data updated: 2026-09-24
C000109006 returned +0.38% year to date and +3.49% over one year to Jul 2026. Annualised returns are +2.90% over 3 years and +1.07% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $109, against $109 for the category, and to $103 over one year, against $105. Volatility over the past three years was 3.46% a year. In the 12 months to Jul 2026 the fund lost a net $81.3M, and assets reached $1.26B.
C000109006 Growth of $100
What $100 invested in DFA Intermediate-Term Municipal Bond Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | C000109006 | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $109 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $105 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $110 | $109 |
C000109006 Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.38% |
| 1 year | +3.49% |
| 3 years (annualised) | +2.90% |
| 5 years (annualised) | +1.07% |
C000109006 Annual Returns
Calendar-year total returns of DFA Intermediate-Term Municipal Bond Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.38% |
| 2025 | +4.06% |
| 2024 | +1.11% |
| 2023 | +4.26% |
| 2022 | −3.70% |
| 2021 | −0.49% |
| 2020 | +3.68% |
| 2019 (Aug–Dec) | +0.51% |
C000109006 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +0.9% | −1.6% | +0.7% | +0.2% | +0.5% | −1.2% | — | — | — | — | — |
| 2025 | +0.5% | +0.7% | −1.0% | −0.3% | +0.3% | +0.6% | +0.1% | +0.6% | +1.2% | +0.6% | +0.3% | +0.2% |
| 2024 | −0.3% | +0.1% | −0.2% | −0.7% | −0.3% | +1.1% | +0.8% | +0.9% | +0.6% | −1.0% | +0.9% | −0.6% |
| 2023 | +1.8% | −1.9% | +1.9% | −0.6% | −0.9% | +0.6% | +0.1% | −0.5% | −1.5% | −0.4% | +3.9% | +1.6% |
| 2022 | −1.7% | −0.3% | −1.7% | −1.3% | +1.3% | −0.3% | +1.5% | −1.7% | −2.3% | −0.2% | +2.7% | +0.2% |
| 2021 | +0.1% | −0.8% | +0.1% | +0.3% | −0.1% | 0.0% | +0.4% | −0.1% | −0.4% | −0.2% | +0.2% | −0.1% |
| 2020 | +1.1% | +0.4% | −1.4% | +0.1% | +2.6% | −0.1% | +0.7% | −0.2% | +0.1% | −0.2% | +0.5% | 0.0% |
| 2019 | — | — | — | — | — | — | — | +0.6% | −0.7% | +0.2% | +0.1% | +0.2% |
C000109006 Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.46%
- 3-year Sharpe ratio: -0.46 (vs 4.5% risk-free rate)
- Best month: +3.90% (Nov 2023)
- Worst month: −1.57% (Mar 2026)
C000109006 Fund Flows
Monthly money in and out of DFA Intermediate-Term Municipal Bond Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$81.3M
- 12-month gross sales (incl. reinvestments): $230.4M
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $19.7M | $22.7M | −$3.0M |
| Jun 2026 | $20.0M | $21.4M | −$1.3M |
| May 2026 | $15.7M | $22.3M | −$6.6M |
| Apr 2026 | $20.0M | $27.4M | −$7.4M |
| Mar 2026 | $30.5M | $16.3M | $14.2M |
| Feb 2026 | $15.6M | $15.5M | $46K |
| Jan 2026 | $18.2M | $20.3M | −$2.2M |
| Dec 2025 | $27.8M | $27.9M | −$98K |
| Nov 2025 | $15.9M | $30.7M | −$14.8M |
| Oct 2025 | $14.4M | $46.6M | −$32.2M |
| Sep 2025 | $14.7M | $43.6M | −$28.8M |
| Aug 2025 | $18.0M | $17.0M | $1.0M |
C000109006 Assets Under Management
Net assets of DFA Intermediate-Term Municipal Bond Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.26B |
| 2026-04-30 | $1.29B |
| 2026-01-31 | $1.29B |
| 2025-10-31 | $1.30B |
| 2025-07-31 | $1.33B |
| 2025-04-30 | $1.34B |
| 2025-01-31 | $1.36B |
| 2024-10-31 | $1.38B |
| 2024-07-31 | $1.39B |
| 2024-04-30 | $1.41B |
| 2024-01-31 | $1.46B |
| 2023-10-31 | $1.41B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.