Dimensional - Global Credit ETF

Frequently Asked Questions About DGCB

What does DGCB invest in?

The fund strives to achieve the highest possible total returns by primarily investing in corporate bonds issued by both U.S. and international companies. These debt instruments typically have maturities not exceeding twenty years from their acquisition date. The portfolio's core focus is generally on corporate debt with mid-to-lower investment-grade credit ratings, specifically those rated A+ to BBB- by S&P or Fitch, or A1 to Baa3 by Moody’s. However, the fund maintains the flexibility to also allocate to bonds with superior investment-grade ratings or, opportunistically, to speculative-grade (high-yield) securities, a decision contingent on the anticipated additional compensation (credit premium) for the perceived risk.

What is the expense ratio of DGCB?

Dimensional - Global Credit ETF (DGCB) charges an expense ratio of 0.21%. This is the annual fee deducted from fund assets to cover management and operations.

What is DGCB's dividend yield?

DGCB's trailing-twelve-month yield is 6.19%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DGCB?

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

What is the credit quality of DGCB?

DGCB'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 DGCB?

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