Dimensional 2060 Target Dt Rtr Inc Instl (DRILX)
Dimensional 2060 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 $26.11, up 0.58% on the session, giving a market capitalisation of $140.5M. Its beta of 1.18 implies it has historically moved more than the broad market.
To achieve its investment objective, the Portfolio directs its capital into various underlying mutual funds, all overseen by the same advisor. This investment strategy is specifically tailored for individuals anticipating retirement around the year 2060, who plan to systematically draw down their investment over an extended period post-retirement. As time progresses, the Portfolio's asset mix within these component funds is designed to progressively shift, adopting a more conservative stance until it arrives at a final, stable allocation known as its "landing point."
Dimensional 2060 Target Dt Rtr Inc Instl is most often compared with the following Financial Services names: