DFYGX Fees and Costs — Dfa Two-Year Government Portfolio, Portfolio Shares
Data updated: 2026-09-24
The net expense ratio is 0.16%: a 0.10% management fee plus 0.06% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 66%.
DFYGX Fees and Expenses
Annual operating expenses and sales charges of DFYGX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.17% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.16% |
| 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 |
DFYGX Costs Over Time
On $10,000 invested in DFYGX, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.16%) | $17 | $53 | $93 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $55 | $102 |
| Value after costs | $10,483 | $11,521 | $12,661 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
DFYGX 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): $700.6M
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
DFYGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $269.6M | 42.88% |
| Barclays Capital Inc. | $102.9M | 16.36% |
| BMO Capital Markets Corp. | $63.0M | 10.02% |
| J.P. Morgan Securities LLC | $61.1M | 9.72% |
| Morgan Stanley & Co. LLC | $40.1M | 6.38% |
| Natwest Markets Securities Inc. | $21.3M | 3.39% |
| Citigroup Global Markets Inc. | $20.1M | 3.19% |
| Deutsche Bank Securities Inc. | $19.8M | 3.15% |
| UBS Securities LLC | $16.5M | 2.62% |
| Mizuho Securities USA LLC | $14.4M | 2.28% |
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.