C000145907 Performance — DFA Municipal Real Return Portfolio, Institutional Class Shares
Data updated: 2026-09-24
C000145907 returned +1.96% year to date and +2.43% over one year to Jul 2026. Annualised returns are +3.15% over 3 years and +2.27% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $110 for the category, and to $102 over one year, against $103. Volatility over the past three years was 1.18% a year. In the 12 months to Jul 2026 the fund took in a net $56.2M, and assets reached $1.83B.
C000145907 Growth of $100
What $100 invested in DFA Municipal Real Return Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | C000145907 | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $102 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $110 | $110 |
| 5 years (Aug 2021 – Jul 2026) | $112 | $108 |
| Since data start (Aug 2019 – Jul 2026) | $123 | $112 |
C000145907 Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.96% |
| 1 year | +2.43% |
| 3 years (annualised) | +3.15% |
| 5 years (annualised) | +2.27% |
C000145907 Annual Returns
Calendar-year total returns of DFA Municipal Real Return Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.96% |
| 2025 | +3.12% |
| 2024 | +3.08% |
| 2023 | +2.55% |
| 2022 | −1.42% |
| 2021 | +6.74% |
| 2020 | +4.12% |
| 2019 (Aug–Dec) | +0.62% |
C000145907 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 | +0.5% | +0.2% | +0.4% | +0.7% | +0.3% | −0.1% | −0.1% | — | — | — | — | — |
| 2025 | +0.6% | +0.6% | +0.4% | 0.0% | +0.1% | +0.3% | +0.6% | +0.5% | 0.0% | −0.2% | +0.1% | +0.1% |
| 2024 | 0.0% | +0.5% | 0.0% | +0.4% | 0.0% | +0.5% | +0.2% | +0.5% | +0.4% | 0.0% | +0.5% | +0.1% |
| 2023 | +1.1% | −0.7% | +1.6% | −0.9% | −0.9% | +0.8% | +0.3% | −0.3% | −0.5% | +0.3% | +1.4% | +0.4% |
| 2022 | −1.6% | +1.3% | −0.4% | −0.5% | +1.2% | −1.7% | +2.8% | −1.4% | −3.9% | +1.3% | +1.5% | +0.1% |
| 2021 | +0.7% | −0.3% | +0.8% | +0.9% | +0.8% | +0.2% | +1.4% | +0.2% | +0.1% | +1.1% | +0.4% | +0.4% |
| 2020 | +0.4% | −0.4% | −5.5% | +0.9% | +3.5% | +0.9% | +1.6% | +1.2% | −0.2% | −0.1% | +0.9% | +1.1% |
| 2019 | — | — | — | — | — | — | — | −0.4% | −0.9% | +0.3% | +0.4% | +1.2% |
C000145907 Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.18%
- 3-year Sharpe ratio: -1.14 (vs 4.5% risk-free rate)
- Best month: +1.40% (Nov 2023)
- Worst month: −0.49% (Sep 2023)
C000145907 Fund Flows
Monthly money in and out of DFA Municipal Real Return Portfolio, from SEC Form N-PORT.
- 12-month net flow: $56.2M
- 12-month gross sales (incl. reinvestments): $427.7M
- Sales ÷ redemptions: 1.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $26.5M | $18.1M | $8.4M |
| Jun 2026 | $38.3M | $16.8M | $21.4M |
| May 2026 | $29.3M | $21.8M | $7.5M |
| Apr 2026 | $28.2M | $28.6M | −$317K |
| Mar 2026 | $28.0M | $50.5M | −$22.4M |
| Feb 2026 | $45.7M | $42.4M | $3.3M |
| Jan 2026 | $38.8M | $32.7M | $6.2M |
| Dec 2025 | $57.7M | $62.8M | −$5.1M |
| Nov 2025 | $22.5M | $29.1M | −$6.5M |
| Oct 2025 | $31.2M | $20.8M | $10.4M |
| Sep 2025 | $49.6M | $30.1M | $19.6M |
| Aug 2025 | $31.8M | $18.0M | $13.8M |
C000145907 Assets Under Management
Net assets of DFA Municipal Real Return Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.83B |
| 2026-04-30 | $1.80B |
| 2026-01-31 | $1.81B |
| 2025-10-31 | $1.83B |
| 2025-07-31 | $1.79B |
| 2025-04-30 | $1.72B |
| 2025-01-31 | $1.64B |
| 2024-10-31 | $1.61B |
| 2024-07-31 | $1.61B |
| 2024-04-30 | $1.64B |
| 2024-01-31 | $1.65B |
| 2023-10-31 | $1.61B |
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.