DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO
DFA INVESTMENT DIMENSIONS GROUP INC · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO is an actively managed developed international bond fund.
- Asset class
- Bonds
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2026 Q1
The investment objective of the DFA Five-Year Global Fixed Income Portfolio (the Five-Year Global Portfolio or the Portfolio) is to provide a market rate of return for a fixed income portfolio with low relative volatility of returns. The Five-Year Global Portfolio seeks to focus the eligible universe on securities with relatively less expected upward or downward movement in market value.
The fund invests in a global universe of investment-grade fixed income securities maturing within five years, selecting from government obligations, corporate debt, and bank instruments across developed markets, with the manager adjusting exposure between shorter and longer maturities based on relative term premiums. The fund maintains at least three countries of exposure including the United States and may use currency forwards and futures to manage foreign exchange and interest rate risk. Because security selection depends on the manager's assessment of term premiums and country valuations, portfolio composition will differ from any benchmark.
| Share class | Expense ratio |
|---|---|
| DFGBX | 0.21% |
Portfolio turnover 44.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 99.08% |
| Stocks | 0.01% |
| Cash & short-term | 0.01% |
| Derivatives | -0.88% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: NZ LOCAL GOVT FUND AGENC, AMAZON.COM INC, INTL BK RECON & DEVELOP, KUNTARAHOITUS OYJ, BANK OF MONTREAL, INTER-AMERICAN DEVEL BK, PROVINCE OF ALBERTA, SWEDISH EXPORT CREDIT
Largest exited: United States Treasury, PSP CAPITAL INC, CANADIAN GOVERNMENT, AUST & NZ BANKING GROUP, SWEDISH EXPORT CREDIT, ROCHE HOLDINGS INC, BK OF ENGLAND EURO NOTE, INTL BK RECON & DEVELOP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 65.8% |
| Floating rate | 29.1% |
| Zero-coupon or unclassified | 5.1% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 5.0% |
| 1-3y | 26.0% |
| 3-5y | 69.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 50% |
| Credit spreads | 50% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +2.49 yr |
| High yield | +0.11 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.74 yr | 28% |
| 5 yr | 1.86 yr | 71% |
| 30 yr | 0.00 yr | 0% |
10 yr is NEGATIVE (-0.00 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.01 yr | 1% |
| 1 yr | 0.96 yr | 37% |
| 5 yr | 1.63 yr | 63% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.01 | +0.00 | $13.6k | $124 |
| 1 yr | +0.74 | +0.92 | +0.04 | $875.2k | $33.7k |
| 5 yr | +1.86 | +1.55 | +0.08 | $1.47m | $74.3k |
| 10 yr | -0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 2.61 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Kingdom of Belgium Government Bonds0.10% · due 2030-06-22 | 2.90% | $275.19M | — |
| — | EFSF2.63% · due 2030-05-07 | 2.83% | $268.57M | — |
| — | EUROPEAN UNION1.63% · due 2029-12-04 | 2.69% | $255.20M | — |
| — | NEW ZEALAND GOVERNMENT4.50% · due 2030-05-15 | 2.60% | $246.84M | — |
| — | PROVINCE OF ALBERTA2.05% · due 2030-06-01 | 2.48% | $235.66M | — |
| — | ASIAN DEVELOPMENT BANK3.95% floating · due 2028-06-20 | 2.04% | $193.24M | — |
| — | PROVINCE OF QUEBEC1.90% · due 2030-09-01 | 1.92% | $181.58M | — |
| — | EUROPEAN INVESTMENT BANK2.38% · due 2030-05-15 | 1.66% | $156.99M | — |
| — | KOMMUNALBANKEN AS4.06% floating · due 2029-04-09 | 1.49% | $141.55M | — |
| — | NEDER WATERSCHAPSBANK2.50% · due 2030-05-22 | 1.47% | $138.98M | — |
Top 10 positions are 22.08% of net assets, top 25 38.82%, across 126 issuers.
See more of this fund's book
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