DFA Tax-Managed US Small CapDFTSX

Morningstar Rating

Fund Research and Analysis

by Jonathan Rahbar

Despite its risks, DFA Tax-Managed U.S. Small Cap has merit.

The portfolio is composed of the smallest 10% of publicly traded companies in the United States as measured by market capitalization. That translates to a meaningful slug of small- and micro-cap Read more

Kudos

One of the few tax-managed funds available in the small-cap arena.

Low expenses.

Low turnover. Read more

Risks

Micro-cap investing can be bumpy. Read more

Strategy

The fund invests in the smallest 10% of companies listed on the major exchanges, which splits the portfolio up between small caps and micro-caps. It seeks to lessen the impact of taxes on returns by Read more

Management

Steve Clark has led DFA's portfolio-management group since 2004. As with most options at DFA, the fund takes a passive approach to investing, and much of its performance owes to its trading desk. Read more

Inside Scoop

This fund holds a broad portfolio of small- to micro-cap stocks and is sensitive to taxes when buying and selling. Read more

First Name

Last Name

Email Address

Zip Code

Create Password

Verify Password

(6-15 characters; case sensitive)

What is your occupation or job title?

Select...

Your registration indicates agreement to the terms of use.

Dodge & Cox: Health Care Now More Attractive
Watch more