Dimensional 2045 Target Dt Rtr Inc Instl (DRIIX)
Dimensional 2045 Target Dt Rtr Inc Instl operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Austin, TX, US. The stock last traded at $23.23, up 0.35% on the session, giving a market capitalisation of $251.5M. Its beta of 0.99 implies it has historically moved less than the broad market.
This Portfolio seeks to achieve its financial goals by investing strategically in a selection of other mutual funds, all overseen by the same Advisor. Its investment strategy is specifically tailored for individuals who anticipate retiring around the year 2045. This includes investors planning to gradually draw income from their investment well into their post-retirement years, rather than a single withdrawal at the target date. A key characteristic of this Portfolio is its dynamic asset allocation: over time, the mix of underlying funds will automatically adjust, progressively shifting towards a more conservative investment profile until it reaches its ultimate, stable "landing point."
Dimensional 2045 Target Dt Rtr Inc Instl is most often compared with the following Financial Services names: