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DFMLX

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1d
1w
1m

Analysis and statistics

  • Open
    39.9906$
  • Previous Close
    39.9906$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

DFMLX is the ticker symbol for the Dimensional US Marketwide Value ETF. This exchange-traded fund (ETF) seeks to provide long-term capital appreciation by investing in a broad and diverse portfolio of US companies that Dimensional Fund Advisors believes are undervalued at the time of purchase. The fund focuses on companies with smaller market capitalizations and higher relative book value ratios. The ETF aims to track a market-weighted index of US companies, emphasizing value stocks. Investors use DFMLX as a convenient and potentially cost-effective way to gain exposure to a diversified portfolio of value-oriented US equities.
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Factors

Market Interest Rates: Higher interest rates generally decrease bond prices, making existing lower-yielding bonds less attractive.

Credit Quality of Issuers: Downgrades in the credit ratings of issuers whose bonds are held in the fund can lower the fund's value.

Economic Conditions: A strong economy may lead to inflation, impacting bond yields and therefore bond prices, indirectly affecting the fund.

Inflation Expectations: Rising inflation expectations often lead to higher bond yields, which decreases bond prices within the fund.

Fund Management Strategy: Decisions regarding duration, sector allocation, and security selection influence fund performance and price.

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