Dfa Ny Municipal Bond Portfolio

C000156057 Fund Overview

Dfa Ny Municipal Bond Portfolio is a US mutual fund managed by Dfa Investment Dimensions Group INC, categorised as Short Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Dfa Investment Dimensions Group INC
• Category: Short Municipal - National Bond
• Assets under management: $193.92M
• 1-year return: 3.1%
• SEC CIK: 0000355437
• SEC series ID: S000049339
• Share class ID: C000156057

C000156057 Investment Objective and Strategy

Dfa Ny Municipal Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Dfa Investment Dimensions Group INC.

Investment objective

The investment objective of the DFA NY Municipal Bond Portfolio (the “NY Municipal Bond Portfolio” or the “Portfolio”) is to seek to provide current income that is expected to be exempt from federal personal income taxes and New York state personal income taxes.

Principal investment strategy

The NY Municipal Bond Portfolio seeks its investment objective by investing primarily in a universe of municipal securities issued by or on behalf of New York state or local governments and their agencies, instrumentalities and regional governmental authorities. The Portfolio may also invest a portion of its assets in municipal securities issued by U.S. territories that are exempt from state taxation under federal law. Municipal securities in which the Portfolio may invest include, among others, revenue bonds, general obligation bonds, industrial development bonds, municipal lease obligations, commercial paper, variable rate demand obligations and other instruments (including participation interests in such securities). The Portfolio intends to invest in municipal securities that, in the opinion of bond counsel for the issuers and under current tax law, provide interest that is exempt from New York state and federal personal income taxes.

As a fundamental investment policy, under normal market conditions, the Portfolio will invest at least 80% of its net assets in municipal securities that pay interest exempt from New York state and federal personal income taxes. The Portfolio does not currently intend to invest its assets in municipal securities whose interest is subject to the federal alternative minimum tax. Generally, the NY Municipal Bond Portfolio will maintain a maximum average portfolio duration of five years. The NY Municipal Bond Portfolio intends to maintain a dollar-weighted average credit quality equal to or better than the lower of: (i) a credit quality rating of AA by Standard & Poors Rating Group (S&P) or Aa2 by Moodys Investors Service, Inc. (Moodys) or AA by Fitch Ratings Ltd. (Fitch) or (ii) the credit quality of general obligation bonds issued by the state of New York.

For purposes of the above policy on dollar-weighted average credit quality, unrated securities may be included if such securities have been determined by Dimensional Fund Advisors LP (the Advisor) to be of comparable quality. If a security has been redeemed by the issuer at a date prior to the stated final maturity date for the purposes of the above duration restriction, the early redemption date shall be considered the maturity date regardless of the stated final maturity. Municipal securities are often issued to obtain funds for various public purposes, including the construction of a wide range of public facilities, such as bridges, highways, housing, hospitals, mass transportation facilities, schools, streets and public utilities, such as water and sewer works. Municipal securities include municipal leases, certificates of participation, municipal obligation components and municipal custody receipts.

The Portfolio may invest more than 25% of its assets in municipal securities issued to finance projects in a particular segment of the bond market including, but not limited to, health care, housing, education, utilities, and transportation. The Portfolio also may invest more than 25% of its assets in industrial development bonds. The NY Municipal Bond Portfolio may (1) purchase certain municipal securities that are insured, (2) invest in municipal securities secured by mortgages on single-family homes and multi-family projects, (3) invest in pre-refunded municipal securities, (4) purchase tax-exempt municipal securities on a when-issued basis and (5) use fixed income related futures and options contracts, credit default swaps and interest rate swaps to hedge against changes in interest rates.

The Portfolio may also purchase or sell futures contracts and options on futures contracts, to adjust market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Portfolio does not intend to sell futures contracts to establish short positions in individual securities or to use derivatives for purposes of speculation or leveraging investment returns. Although the Portfolio attempts to invest all of its assets in tax-exempt securities, it is possible, although not anticipated, that a portion of its assets may be invested in securities that pay taxable interest, including interest that may be subject to the federal alternative minimum tax. These investments could generate taxable income for shareholders. The Portfolio is non-diversified, which means that the Portfolio may invest its assets in a smaller number of issuers than a diversified fund.

C000156057 Holdings

Top 10 holdings of Dfa Ny Municipal Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000156057 holdings

C000156057 Portfolio Allocation

Asset-class allocation of Dfa Ny Municipal Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000156057 Performance

Total returns for C000156057 (as of 2026-10-01), from SEC filings.

C000156057 Risk Information

Risk metrics for C000156057, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 0.6%

C000156057 Costs and Fees

C000156057 costs about $25 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.25%
• Gross expense ratio: 0.27%
• Portfolio turnover: 156%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000156057 Cashflows

Over the 12 months to 2026-04, Dfa Ny Municipal Bond Portfolio had net inflows of $24.87M, from monthly SEC N-PORT filings.

C000156057 Debt Constituents

Largest debt holdings of Dfa Ny Municipal Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000156057 Prospectus and SEC Filings

Official Dfa Ny Municipal Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-02-27
• Prospectus (485BPOS) — filed 2025-02-28
• Prospectus (485BPOS) — filed 2024-02-28
• Portfolio holdings (N-PORT) — filed 2026-09-24
• Portfolio holdings (N-PORT) — filed 2026-06-24
• Portfolio holdings (N-PORT) — filed 2026-03-27
• Annual census (N-CEN) — filed 2026-01-12
• Annual census (N-CEN) — filed 2025-01-10

Related Funds

Other Short Municipal - National Bond funds tracked on ABC INVEST:

• iShares Short-Term National Muni Bond ETF (SUB)
• Goldman Sachs Short Duration Tax-Free Fund (GSDUX)
• SPDR® Nuveen Bloomberg Barclays Short Term Municipal Bond ETF (SHM)
• Vanguard Short-Term Tax-Exempt Bond ETF (VTES)
• Capital Group Short Duration Municipal Income ETF (CGSM)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.