DFA Real Estate Securities Portfolio

Frequently Asked Questions About DFREX

What does DFREX invest in?

This portfolio employs a market capitalization weighting methodology, primarily seeking to acquire liquid equity securities from entities whose core operations involve the real estate sector. These activities encompass the acquisition, administration, development, construction, or marketing of residential, commercial, and industrial properties. Specifically, the fund predominantly allocates its capital to select Real Estate Investment Trusts (REITs), businesses focused on residential homebuilding, and non-partnership firms primarily engaged in the development of commercial real estate projects.

What is the expense ratio of DFREX?

DFA Real Estate Securities Portfolio (DFREX) charges an expense ratio of 0.21%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DFREX?

DFA Real Estate Securities Portfolio (DFREX) manages $7.01B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DFREX actively managed or an index fund?

DFREX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DFREX launched?

DFA Real Estate Securities Portfolio (DFREX) launched in January 1993 and is managed by Dimensional.

How has DFREX performed?

DFREX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.