Dimensional 2040 Target Dt Rtr Inc Instl

Frequently Asked Questions About DRIHX

What does DRIHX invest in?

This fund seeks to achieve its investment objective by allocating its assets to other mutual funds overseen by the Advisor. Its asset allocation strategy is specifically tailored for investors anticipating retirement around 2040, who also intend to gradually withdraw their investment value over an extended period following that target date. The portfolio's asset mix will dynamically adjust over time, steadily transitioning to a more conservative profile until it reaches its predetermined "landing point."

What is the expense ratio of DRIHX?

Dimensional 2040 Target Dt Rtr Inc Instl (DRIHX) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DRIHX?

Dimensional 2040 Target Dt Rtr Inc Instl (DRIHX) manages $185.3M 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 DRIHX actively managed or an index fund?

DRIHX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DRIHX's is 0.18%) in exchange for the discretion to over- or under-weight positions.

When was DRIHX launched?

Dimensional 2040 Target Dt Rtr Inc Instl (DRIHX) launched in November 2015 and is managed by Dimensional.

How has DRIHX performed?

DRIHX'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.