Dimensional 2045 Target Dt Rtr Inc Instl

Frequently Asked Questions About DRIIX

What does DRIIX invest in?

This Portfolio seeks to achieve its financial goals by investing strategically in a selection of other mutual funds, all overseen by the same Advisor. Its investment strategy is specifically tailored for individuals who anticipate retiring around the year 2045. This includes investors planning to gradually draw income from their investment well into their post-retirement years, rather than a single withdrawal at the target date. A key characteristic of this Portfolio is its dynamic asset allocation: over time, the mix of underlying funds will automatically adjust, progressively shifting towards a more conservative investment profile until it reaches its ultimate, stable "landing point."

What is the expense ratio of DRIIX?

Dimensional 2045 Target Dt Rtr Inc Instl (DRIIX) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DRIIX?

Dimensional 2045 Target Dt Rtr Inc Instl (DRIIX) manages $242.4M 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 DRIIX actively managed or an index fund?

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

When was DRIIX launched?

Dimensional 2045 Target Dt Rtr Inc Instl (DRIIX) launched in November 2015 and is managed by Dimensional.

How has DRIIX performed?

DRIIX'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.