DFCFX Fees and Costs — Dfa Two-Year Fixed Income Portfolio, Portfolio Shares
Data updated: 2026-09-24
The net expense ratio is 0.21%: a 0.14% management fee plus 0.08% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 69%.
DFCFX Fees and Expenses
Annual operating expenses and sales charges of DFCFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.14% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.22% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.21% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DFCFX Costs Over Time
On $10,000 invested in DFCFX, assuming 5% a year before costs, total costs come to $133 over 5 years, cutting the return by 0.22% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.21%) | $22 | $69 | $121 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $73 | $133 |
| Value after costs | $10,478 | $11,503 | $12,629 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
DFCFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $660.3M
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $436K
- Net income from securities lending: $1K (0.001% of average net assets)
DFCFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $287.0M | 46.17% |
| Barclays Capital Inc. | $105.7M | 17.00% |
| J.P. Morgan Securities LLC | $56.0M | 9.02% |
| Citigroup Global Markets Inc. | $53.0M | 8.52% |
| RBC Capital Markets, LLC | $37.8M | 6.08% |
| BofA Securities, Inc. | $29.0M | 4.66% |
| Goldman Sachs & Co. LLC | $19.4M | 3.13% |
| Wells Fargo Securities, LLC | $17.7M | 2.84% |
| Mizuho Securities USA LLC | $11.4M | 1.83% |
| Scotia Capital (USA) Inc. | $4.7M | 0.76% |
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.