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DFA Global Allocation 60/40 I Overview

DFA Global Allocation 60/40 I (DGSIX) is an actively managed Allocation Global Moderate Allocation fund. Dimensional Fund Advisors launched the fund in 2003.

The investment seeks total return consisting of capital appreciation and current income. The fund allocates its assets to underlying funds that invest in equity and fixed income securities. Generally, the Portfolio invests its assets in domestic and international equity underlying funds and fixed income underlying funds to achieve an allocation of approximately 40% to 80% of the Portfolio's assets to domestic and international equity underlying funds and 20% to 60% of its assets to fixed income underlying funds.

About DFA Global Allocation 60/40 I (DGSIX)

There are 6 members of the management team with an average tenure of 12.82 years: Jed Fogdall (2010), Allen Pu (2017), David Plecha (2003), Mary Phillips (2017), Ashish Bhagwanjee (2021), Joseph Kolerich (2012). Management tenure is more important for actively managed funds than passive index funds.

The fund has 3 primary benchmarks: S&P Global BMI NR USD index with a weighting of 60%, ICE BofA 1-3Y Gbl Govt TR USD index with a weighting of 40% and S&P Global BMI NR USD index with a weighting of 100%. DFA Global Allocation 60/40 I has 13 securities in its portfolio. The top 10 holdings constitute 98.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

DFA Global Allocation 60/40 I is part of the Allocation global asset class and is within the Allocation fund group. DFA Global Allocation 60/40 I has 38.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 42.6%. There is 16.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 34.5% (12.2% domestic bond, 22.3% foreign bond and 0.0% convertible bond). DFA Global Allocation 60/40 I has 6.4% of the portfolio in cash.

Assets Under Management

The fund has $3 billion in total assets, which is above the $947 million average for the Global Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DGSIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The DFA Global Allocation 60/40 I expense ratio is below average compared to funds in the Global Moderate Allocation category. DFA Global Allocation 60/40 I has an expense ratio of 0.24%, which is 77% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. DFA Global Allocation 60/40 I has a portfolio turnover rate of 4%, indicating that holds its assets around 0.3 years. By way of comparison, the average portfolio turnover is 64% for the Global Moderate Allocation category.

Recently, in the month of July 2026, DFA Global Allocation 60/40 I returned -0.2%, which earned it a grade of C, as the Global Moderate Allocation category had an average return of 0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

DFA Global Allocation 60/40 I has a trailing yield of 2.40%, which is below the 2.61% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

DFA Global Allocation 60/40 I Grades

Year to date, the fund has returned 8.0%, 0.1 percentage points worse than the category, which translates into a grade of B. The fund has returned 14.8% over the past year (grade of C), 12.4% over the past three years (grade of B) and 7.3% per year over the past five years (grade of B) and 8.5% per year over the past 10 years (grade of A).

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