Dimensional - Short Duration Fixed Income ETF

Frequently Asked Questions About DFSD

What does DFSD invest in?

The Dimensional - Short Duration Fixed Income ETF (DFSD) primarily invests in high-quality debt, with at least 80% of its net assets allocated to investment-grade fixed income securities. The portfolio largely focuses on instruments set to mature within five years of their settlement date. To manage interest rate exposure, the ETF generally targets a weighted average duration that remains within a specific range relative to its reference index, the ICE BofA 1-5 Year US Corporate & Government Index. This means its duration will typically not exceed the index's by more than half a year, nor fall more than one year below it.

What is the expense ratio of DFSD?

Dimensional - Short Duration Fixed Income ETF (DFSD) charges an expense ratio of 0.17%. This is the annual fee deducted from fund assets to cover management and operations.

What is DFSD's dividend yield?

DFSD's trailing-twelve-month yield is 5.27%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DFSD?

Effective duration measures DFSD's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DFSD's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DFSD?

DFSD'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 DFSD?

Yield to maturity (YTM) is the total return you'd earn from DFSD if every bond in the portfolio is held to maturity at the current price. DFSD'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.