- What does DRILX invest in?
- To achieve its investment objective, the Portfolio directs its capital into various underlying mutual funds, all overseen by the same advisor. This investment strategy is specifically tailored for individuals anticipating retirement around the year 2060, who plan to systematically draw down their investment over an extended period post-retirement. As time progresses, the Portfolio's asset mix within these component funds is designed to progressively shift, adopting a more conservative stance until it arrives at a final, stable allocation known as its "landing point."
- What is the expense ratio of DRILX?
- Dimensional 2060 Target Dt Rtr Inc Instl (DRILX) charges an expense ratio of 0.22%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DRILX?
- Dimensional 2060 Target Dt Rtr Inc Instl (DRILX) manages $142.7M 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 DRILX actively managed or an index fund?
- DRILX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DRILX's is 0.22%) in exchange for the discretion to over- or under-weight positions.
- When was DRILX launched?
- Dimensional 2060 Target Dt Rtr Inc Instl (DRILX) launched in November 2015 and is managed by Dimensional.
- How has DRILX performed?
- DRILX'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.
