DSSMX — DFA Selective State Municipal Bond Portfolio
Data updated: 2026-06-24
DSSMX — DFA Selective State Municipal Bond Portfolio data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Municipal - National Bond · $574.63M AUM · 0.23% expense ratio · 4.8% 1-yr return. From SEC regulatory filings.
DSSMX Fund Overview
DSSMX — DFA Selective State Municipal Bond Portfolio is a US mutual fund managed by Dfa Investment Dimensions Group INC, categorised as Intermediate 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: Intermediate Municipal - National Bond
- Assets under management: $574.63M
- 1-year return: 4.8%
- Ticker: DSSMX
- SEC CIK: 0000355437
- SEC series ID: S000066101
- Share class ID: C000213639
DSSMX Holdings
Top 10 holdings of DFA Selective State Municipal Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Salt River Project Agricultural Improvement & Power District | 1.13% |
| Board of Regents of the University of Texas System | 0.87% |
| Board of Regents of the University of Texas System | 0.87% |
| State of Florida Department of Transportation Turnpike System Revenue | 0.80% |
| Kentucky Turnpike Authority | 0.76% |
| King County School District No 411 Issaquah | 0.76% |
| State of Wisconsin | 0.76% |
| State of Wisconsin | 0.73% |
| New York State Dormitory Authority | 0.71% |
| Commonwealth of Massachusetts | 0.69% |
DSSMX Portfolio Allocation
Asset-class allocation of DFA Selective State Municipal Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 96.9% |
| Cash & Equivalents | 2.2% |
| Equity | 0.1% |
DSSMX Performance
Total returns for DSSMX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 4.8% |
| 3 years (annualised) | 3.0% |
| 5 years (annualised) | 0.8% |
DSSMX Risk Information
Risk metrics for DSSMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.1%
DSSMX Costs and Fees
DSSMX costs about $23 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.23%
- Gross expense ratio: 0.25%
- Portfolio turnover: 114%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DSSMX Cashflows
Over the 12 months to 2026-04, DFA Selective State Municipal Bond Portfolio had net inflows of $102.34M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $2.99M |
| 2026-03 | −$220.20K |
| 2026-02 | $16.12M |
| 2026-01 | $24.15M |
| 2025-12 | $8.06M |
| 2025-11 | −$2.50M |
DSSMX Debt Constituents
Largest debt holdings of DFA Selective State Municipal Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Salt River Project Agricultural Improvement & Power District | 1.13% |
| State of Florida Department of Transportation Turnpike System Revenue | 0.80% |
| Kentucky Turnpike Authority | 0.76% |
| King County School District No 411 Issaquah | 0.76% |
| State of Wisconsin | 0.76% |
| State of Wisconsin | 0.73% |
| New York State Dormitory Authority | 0.71% |
| Commonwealth of Massachusetts | 0.69% |
| Lee County Industrial Development Authority/FL | 0.66% |
| Township of East Brunswick NJ | 0.63% |
DSSMX Prospectus and SEC Filings
Official DFA Selective State Municipal Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Municipal - National Bond funds tracked on ABC INVEST:
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.