What is DFIV?

DFIV is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFIV 8.46% 23.77% 7.53% -1.20% -- -- --
DFIV (NAV) 7.55% 22.01% 6.65% -2.91% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI World ex USA IMI Value 7.47% 22.35% 6.58% -4.76% 3.16% 0.80% 4.06%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFIV Factset Analytics Insight

DFIV invests in large value stocks while maximizing the after-tax value of their investments. Using tax management strategies, the fund selects undervalued stocks from developed markets outside the United States that are determined to be large companies. The fund’s definition of large companies may change depending on market conditions and at the advisor’s discretion. Holdings are weighted primarily by market-cap but also considers free-float, momentum, trading strategies, liquidity, size, relative price, and profitability, among other factors. On Sep. 13, 2021, DFIV converted from a mutual fund called DFA Tax Managed International Value Portfolio to an actively managed ETF structure starting with net assets amounting to $3.5 billion.

DFIV Summary Data

Dimensional
09/13/21
0.30%
$4.89B
No Underlying Index
MSCI World ex USA IMI Value
Open-Ended Fund

Peers

MSCI World ex USA IMI Value

Fund Flows

+$0.03B 5 Days
+$0.17B 30 Days
+$0.53B 90 Days

DFIV Portfolio Data

$53.41B
8.00
1.01
3.60%
09/20/22
561

DFIV Index Data

No Underlying Index
Proprietary
Proprietary
MSCI World ex USA IMI Value

DFIV Portfolio Management

0.30%
--
--
--

DFIV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DFIV Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of DFIV. DFIV is rated a 5 out of 5.

DFIV Tradability

834,535
$25.71M
785,375
$24.11M
0.03%
$0.01
0.05%
1.60% / -1.35%
None
35.59%
50,000
15.71
--
0.02%
0
$32.44
5

DFIV Sector/Industry Breakdown

DFIV Segment
Benchmark
31.17% --
14.19% --
11.31% --
6.98% --
6.29% --
5.85% --
5.49% --
2.74% --
2.74% --
2.62% --

DFIV Top 10 Holdings

3.34%
1.43%
1.42%
1.29%
1.20%
1.16%
1.12%
17.82%

DFIV Performance Statistics

0.97
1.03
1.02
1.06
0.22%
MSCI World ex USA IMI Value

DFIV Countries

DFIV Segment
Benchmark
20.19% 21.26%
14.63% 17.27%
10.83% 7.72%
9.67% 10.24%
9.44% 5.39%
7.45% 7.52%
6.72% 8.40%
3.59% 2.15%
3.26% 3.08%
2.30% 3.07%

DFIV Regions

DFIV Segment
Benchmark
57.71% 55.56%
31.20% 32.87%
10.46% 10.74%
0.63% 0.83%

DFIV Economic Development

DFIV Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

DFIV Benchmark Comparison Holdings

561
1977
419
44.17%

DFIV Benchmark Comparison Summary

DFIV Segment
Benchmark
561 1977
$53.41B $57.00B
8.00 10.01
1.01 1.15
4.01% 4.14%
Low Low

DFIV Benchmark Comparison Market Cap Size

DFIV Segment
Benchmark
73.77% 71.74%
23.75% 19.14%
2.18% 7.54%
0.00% 0.92%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.