DFA U.S. Micro Cap Portfolio

Frequently Asked Questions About DFSCX

What does DFSCX invest in?

This fund primarily invests in a wide array of U.S. micro-cap company stocks, structuring its portfolio by weighting holdings according to each company's market capitalization. To efficiently adjust its overall exposure to the equity market, the fund can utilize derivatives such as futures contracts and options on futures, which are linked to U.S. equities and indices. This tactical use of derivatives is driven by the need to manage actual or projected cash flows into or out of the fund.

What is the expense ratio of DFSCX?

DFA U.S. Micro Cap Portfolio (DFSCX) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DFSCX?

DFA U.S. Micro Cap Portfolio (DFSCX) manages $8.06B 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 DFSCX actively managed or an index fund?

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

When was DFSCX launched?

DFA U.S. Micro Cap Portfolio (DFSCX) launched in December 1981 and is managed by Dimensional.

How has DFSCX performed?

DFSCX'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.