# DFA U.S. Micro Cap Portfolio (DFSCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dfscx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Dimensional · Asset class: US Equity - Strategy: Thematic · Inception: 1981-12-23 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. ## Key Facts | Metric | Value | |---|---| | Price | $37.29 | | Expense Ratio | 0.42% | | Assets Under Management | $7.57B | | NAV | $37.29 | | Holdings Count | 0 | | Distribution Yield (TTM) | 0.92% | | Annual Distribution (TTM) | $0.34 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $29.18 – $40.02 | | Beta | 0.99 | ## Latest Distribution - Amount: $0.0929 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### 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 $7.57B 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. ### Does DFSCX pay a dividend? DFA U.S. Micro Cap Portfolio (DFSCX) currently distributes little or no income. Trailing-twelve-month yield is 0.92%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DFSCX pay dividends? DFA U.S. Micro Cap Portfolio pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DFSCX's dividend yield? DFSCX's trailing-twelve-month yield is 0.92%, calculated from the sum of dividends over the past year divided by the current price. ### When is DFSCX's next ex-dividend date? The most recently announced ex-dividend date for DFSCX 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 DFSCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.42% 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 DFSCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DFSCX'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 DFSCX cost more than a fund like VOO? DFSCX's strategy (current expense ratio 0.42%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DFSCX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DFSCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DFSCX (0.42%) 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/dfscx - Distribution history: https://www.dividenddata.com/funds/dfscx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dfscx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dfscx/expenses - Peer comparison: https://www.dividenddata.com/funds/dfscx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.