DRIRX

About DRIRX

Dimensional 2020 Target Date Retirement Income Fund Institutional Class is a mutual fund designed specifically for individuals who retired around the year 2020 and are seeking ongoing retirement income. As a target date fund, it uses a dynamic asset allocation strategy that gradually shifts its holdings from equities to a larger proportion of fixed income investments as investors transition through retirement years. The fund primarily invests through other mutual funds managed by Dimensional Fund Advisors, aiming to balance income preservation with long-term growth potential. Notably, this fund targets a conservative allocation suitable for retirees, with approximately 15–35% of assets in equities and 65–85% in fixed income securities, including a significant portion in U.S. Treasury Inflation-Protected Securities (TIPS) to help address inflation risk. Its structure embodies the “glide path” approach characteristic of target date funds, automatically rebalancing to manage risk and return as the investor ages. Dimensional 2020 Target Date Retirement Income Fund Institutional Class plays an important role for retirees by offering a diversified, professionally managed solution that seeks to provide stable income, inflation protection, and risk management during the post-retirement period.