DFA Enhanced U.S. Large Company Portfolio (DFELX)
DFA Enhanced U.S. Large Company Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Austin, TX, US. The stock last traded at $16.40, up 0.61% on the session, giving a market capitalisation of $225.1M. Its beta of 0.99 implies it has historically moved less than the broad market.
The fund strives to achieve returns that exceed those of the S&P 500 Index. Its core strategy involves investing in derivative contracts tied to the S&P 500 Index alongside short-term fixed-income securities. Under normal operating conditions, a minimum of 80% of its net assets will be allocated to short-duration debt instruments. These fixed-income holdings are then augmented with an overlay of S&P 500 Index futures, swaps, and other derivatives. This combination is designed to provide exposure to the performance of large U.S. companies, or alternatively, the fund may invest directly in the equity securities of these major American firms.
DFA Enhanced U.S. Large Company Portfolio is most often compared with the following Financial Services names: