DFCEX Mutual Fund — DFA Emerging Markets Core Equity 2 Portfolio Institutional Class

DFA Emerging Markets Core Equity 2 Portfolio Institutional Class (DFCEX)

Updated October 16, 2026.

DFCEX is a Mutual Fund. its distribution rate is 2.57%, its trailing-12-month yield is 2.80%, its expense ratio is 0.39%. Dividend Vision Distribution Safety Score™ is 91/100 (Safe). Total return is 460.1% over the past 21.4 years, 400.6 points behind SPY at 860.7%.

DFA Emerging Markets Core Equity 2 Portfolio Institutional Class is a mutual fund that purchases a broad and diverse group of equity securities in emerging and frontier markets approved by the fund's investment committee, including exposure through depositary receipts. The fund carries a modest current distribution rate and a low expense ratio of 0.39%. It appeals to investors seeking diversified exposure to emerging market equities with a focus on broad market participation rather than concentrated sector or company bets.

DFCEX performance versus SPY

Price and return data through 2026-10-16.

Total return is 460.1% over the past 21.4 years, 400.6 points behind SPY at 860.7%. Over the past year its total return — price change plus distributions reinvested — is 16.7%. Its deepest 1-year drawdown was 13.0%.

DFCEX key facts

Distribution Safety Score™

91 · Safe

Safety-Adjusted Yield

2.34%

Issuer

Dimensional

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

0.39%

Distribution rate

2.57%

Distribution frequency

Quarterly

Trailing yield

2.80%

Last close

$32.59 (as of 2026-10-16)

NAV

$34.97 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$27,753,250,816

Average volume

0.0

Dividend

$0.328

Ex-dividend date

09/29/2026

Payment date

09/30/2026

Beta

0.96

How Dividend Vision calculates yield and returns

Distribution rate (2.57%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.80%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Dimensional; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DFCEX risks and drawbacks

DFCEX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.0%.

Who may consider DFCEX — and who may not

DFCEX may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DFCEX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DFCEX

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Tagged: Mutual Fund.

Frequently asked questions

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