DFA Short-Term Extended Quality Institutional Fund (DFEQX - Free Report) a Zacks Rank #1 (Strong Buy) was incepted in March 2009. DFEQX invests a major portion of its assets in fixed income securities which are of investment grade quality. The main objective of DFEQX is to maximize its returns by investing primarily in debt securities. DFEQX also invest more than one-fourth of its assets in U.S. Treasury bills, notes and bonds
The DFA Short-Term Extended Quality Institutional fund, managed by Dimensional, carries an expense ratio of 0.22%. Moreover, DFEQX requires a minimal initial investment of $0.
DFEQX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 1.68% and 5 year 1.91%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
DFEQX’s performance, as of the last filing, when compared to funds in its category was in the top 30% in 1 year, top 50% over the past 3 years, and in the 64% over the past 5 years.
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