# DFA Enhanced U.S. Large Company Portfolio (DFELX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dfelx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Dimensional · Asset class: Other Funds - Strategy: Actively Managed · Inception: 1996-07-02 The fund strives to achieve returns that exceed those of the S&P 500 Index. Its core strategy involves investing in derivative contracts tied to the S&P 500 Index alongside short-term fixed-income securities. Under normal operating conditions, a minimum of 80% of its net assets will be allocated to short-duration debt instruments. These fixed-income holdings are then augmented with an overlay of S&P 500 Index futures, swaps, and other derivatives. This combination is designed to provide exposure to the performance of large U.S. companies, or alternatively, the fund may invest directly in th... ## Key Facts | Metric | Value | |---|---| | Price | $15.92 | | Expense Ratio | 0.18% | | Assets Under Management | $214.0M | | NAV | $15.92 (2026-10-30 close) | | Holdings Count | 0 | | Distribution Yield (TTM) | 17.29% | | Annual Distribution (TTM) | $2.75 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $13.63 – $17.24 | | Beta | 0.99 | ## Latest Distribution - Amount: $0.2004 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does DFELX invest in? The fund strives to achieve returns that exceed those of the S&P 500 Index. Its core strategy involves investing in derivative contracts tied to the S&P 500 Index alongside short-term fixed-income securities. Under normal operating conditions, a minimum of 80% of its net assets will be allocated to short-duration debt instruments. These fixed-income holdings are then augmented with an overlay of S&P 500 Index futures, swaps, and other derivatives. This combination is designed to provide exposure to the performance of large U.S. companies, or alternatively, the fund may invest directly in the equity securities of these major American firms. ### What is the expense ratio of DFELX? DFA Enhanced U.S. Large Company Portfolio (DFELX) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations. ### What is DFELX's dividend yield? DFELX's trailing-twelve-month yield is 17.29%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of DFELX? Effective duration measures DFELX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DFELX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of DFELX? DFELX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of DFELX? Yield to maturity (YTM) is the total return you'd earn from DFELX if every bond in the portfolio is held to maturity at the current price. DFELX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does DFELX pay a dividend? Yes, DFA Enhanced U.S. Large Company Portfolio (DFELX) distributes dividends to shareholders. The trailing-twelve-month yield is 17.29%. Full dividend history is on this page. ### How often does DFELX pay dividends? DFA Enhanced U.S. Large Company Portfolio pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is DFELX's next ex-dividend date? The most recently announced ex-dividend date for DFELX was 2026-09-29. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will DFELX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.18% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DFELX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DFELX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DFELX cost more than a fund like VOO? DFELX is actively managed (current expense ratio 0.18%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DFELX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DFELX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DFELX (0.18%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dfelx - Distribution history: https://www.dividenddata.com/funds/dfelx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dfelx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dfelx/expenses - Peer comparison: https://www.dividenddata.com/funds/dfelx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.