Mutual Fund Insights: DFA Short Term Municipal Bond I Fund (DFSMX)

In-depth Analysis of DFA Short Term Municipal Bond I Fund (DFSMX)

3 months 6 months 1 year 3 year 5 year

See DFA Short Term Municipal Bond I Fund (DFSMX) performance details as of February 28, 2010

  

Last Trade: $10.34 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - David A. Plecha

Fund Manager Tenure: 18.2 years
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)

Plecha joined Dimensional Fund Advisors as a vice president and portfolio manager in 1989. He is also currently a member of the company's investment committee. Previously, he spent two years as an assistant vice president with Leland O'Brien Rubenstein Associates and one year as an investment analyst with Hughes Investment Management Company.  Get more insights on David A. Plecha

  

 What we like about DFA Short Term Municipal Bond I Fund (DFSMX)

Data for DFA Short Term Municipal Bond I Fund (DFSMX) as of February 28, 2010

• DFA Short Term Municipal Bond I Fund (DFSMX) management has been with DFA Short Term Municipal Bond I Fund for 18.2 years
• DFA Short Term Municipal Bond I Fund (DFSMX) ratio of up-years vs down years is greater than 2
• DFA Short Term Municipal Bond I Fund (DFSMX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.32, lower than category average of 2.59
• DFA Short Term Municipal Bond I Fund (DFSMX) has a lower management fee than its Muni National Short average: 0.25% vs 0.84%
• DFA Short Term Municipal Bond I Fund (DFSMX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about DFA Short Term Municipal Bond I Fund (DFSMX)

Data for DFA Short Term Municipal Bond I Fund (DFSMX) as of February 28, 2010

• DFA Short Term Municipal Bond I Fund (DFSMX) has a less-than-ideal short-term performance (1-year return 3.34% vs 4.82 % Muni National Short category average)
• DFA Short Term Municipal Bond I Fund (DFSMX) has a less-than-ideal mid-term performance (3-year return 3.41% vs 3.45 % Muni National Short category average)
• DFA Short Term Municipal Bond I Fund (DFSMX) has a less-than-ideal Long-term performance (5-year return 2.99% vs 3.04 % Muni National Short category average)
• DFA Short Term Municipal Bond I Fund (DFSMX) has a Morningstar rating of 3 and below
• DFA Short Term Municipal Bond I Fund (DFSMX) is less safe compared to its Muni National Short peers

See DFA Short Term Municipal Bond I Fund (DFSMX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Muni National Short category?

Below are some additional Muni National Short mutual funds generated out of our database

• See top fund managers for Muni National Short Category Funds
• Browse other funds in Muni National Short Category

  

DFA Short Term Municipal Bond I Fund (DFSMX) Net Asset

Track net asset change of DFA Short Term Municipal Bond I fund (DFSMX)

Date	Net Asset
02/2010	$1.29B
01/2010	$1.28B
11/2009	$1.20B

More historic net asset information on DFA Short Term Municipal Bond I Fund (DFSMX)

  

DFA Short Term Municipal Bond I Fund (DFSMX) Portfolio Allocation

Track portfolio allocation change of DFA Short Term Municipal Bond I fund (DFSMX)

Date	Cash	Stock	Bond	Other
11/2009	10.99%	0%	89.01%	0%
09/2009	15.81%	0%	84.19%	0%
08/2009	15.21%	0%	84.79%	0%

Click here to see more historic asset allocation information on DFA Short Term Municipal Bond I Fund (DFSMX)

  

Most Recent Top 10 Holdings in DFA Short Term Municipal Bond I Fund (DFSMX)

Discover what DFA Short Term Municipal Bond I Fund (DFSMX) manager is buying

30-Nov-09 BlackRock Liquidity MuniFund [2.88%] Dekalb Cnty Ga Sch Dist 5% [1.96%] Michigan Mun Bd Auth 5.5% [1.47%] King Cnty Wash Sch Dist 5% [1.45%] Wisconsin St G.O Ref B 5.5% [1.44%] Maryland St Cap Impt 5% [1.33%] Henry Cnty Ga Sch Dist 5% [1.33%] Dallas Tex Wtrwks & Swr Sys Re Ref Re 5% [1.31%] Kentucky Asset / Liability Com Proj N 5% [1.29%] Florida St Brd Ed Pub Ed Public Ed 5% [1.24%]

30-Sep-09 BlackRock Liquidity MuniFund [4.16%] Dekalb Cnty Ga Sch Dist 5% [2.03%] Michigan Mun Bd Auth 5.5% [1.51%] Wisconsin St G.O Ref B 5.5% [1.49%] Maryland St Cap Impt 5% [1.37%] Henry Cnty Ga Sch Dist 5% [1.37%] Dallas Tex Wtrwks & Swr Sys Re Ref Re 5% [1.35%] Kentucky Asset / Liability Com Proj N 5% [1.33%] Florida St Brd Ed Pub Ed Public Ed 5% [1.27%] Nevada St Cap Impt 5% [1.25%]

31-Aug-09 BlackRock Liquidity MuniFund [2.39%] Dekalb Cnty Ga Sch Dist 5% [2.18%] Michigan Mun Bd Auth 5.5% [1.61%] Wisconsin St G.O Ref B 5.5% [1.61%] Maryland St Cap Impt 5% [1.47%] Henry Cnty Ga Sch Dist 5% [1.47%] Dallas Tex Wtrwks & Swr Sys Re Ref Re 5% [1.45%] Kentucky Asset / Liability Com Proj N 5% [1.43%] Florida St Brd Ed Pub Ed Public Ed 5% [1.37%] Nevada St Cap Impt 5% [1.34%]

Click here for Stock Holding Change Map in DFA Short Term Municipal Bond I Fund (DFSMX)

  

Related books and products to DFA Short Term Municipal Bond I Fund (DFSMX)

  

Latest News on DFA Short Term Municipal Bond I (DFSMX)

See what is happening with DFA Short Term Municipal Bond I Fund (DFSMX)

Yahoo! Finance: RSS feed not found See more news on DFA Short Term Municipal Bond I Fund (DFSMX)

 

Books and Resources

 

 

See more information on DFA Short Term Municipal Bond I Fund (DFSMX)

• DFA Short Term Municipal Bond I Fund Insights
• DFA Short Term Municipal Bond I Fund Performance Data
• DFA Short Term Municipal Bond I Fund News
• DFA Short Term Municipal Bond I Fund Score Explaination
• DFA Short Term Municipal Bond I Fund Manager Information
• Historic DFA Short Term Municipal Bond I Fund Asset Allocation Report
• Historic DFA Short Term Municipal Bond I Fund Top 10 Holding Tracking
• Historic DFA Short Term Municipal Bond I Fund Asset Under Management Tracking