DFA Tax-Managed US Equity (DTMEX - Free Report) a Zacks Ranked #2 (Buy) was incepted in August 2001 and is managed by Dimensional Fund Advisors Inc. DTMEX seeks to achieve long-term capital appreciation. DTMEX invests its net assets in equity securities of U.S. companies. DTMEX generally invests in a broad and diverse group of the common stocks of companies traded on a principal U.S. exchange or on the over-the-counter market. DTMEX seeks to minimize the impact of federal taxes on returns by deferring the realization of net capital gains and minimizing the receipt of dividend income in order to minimize the taxable distributions to investors.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Foreign Stock. Further, as of the last filing, Apple Inc, Exxon Mobil Corp and Microsoft Corp were the top holdings for DTMEX.
The DFA Tax-Managed US Equity, managed by Dimensional , carries an expense ratio of 0.22. Moreover, DTMEX requires a minimal initial investment of $0.
DTMEX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 12.59%, 3 year 16.81%, and 5 year 14.32%. To see how this fund performed compared in its category, please click here.
DTMEX’s performance, as of the last filing, when compared to funds in its category was in the top 42% in 1 year, top 25% over the past 3 years, and in the 21% over the past 5 years.
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