DFA’s Disciplined Approach Earns It a Top Mark

The firm puts theory into practice with a focus on investors. Morningstar recently issued a new Stewardship Grade for DFA. The firm’s overall grade–which considers corporate culture, fund board quality, fund manager incentives, fees, and regulatory history–is an A. What follows is Morningstar’s analysis of the firm’s corporate culture, for which DFA receives an A. […]