Asset Dedication, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 15, 2024), Asset Dedication, LLC reported 1,143 stock positions worth $1.5 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 9.1% of the portfolio, followed by Dimensional US Target Value (DFAT, 8.2%) and Dimensional World Ex US Core (DFAX, 4.6%). Compared with Q2 2024, it opened 72 new positions, sold out of 120, added to 188 and reduced 340. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +5%) and the biggest sale iShares Ibonds 2024 H/Y (IBHD, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001475896
- Portfolio Value
- $1.5B (Q3 2024)
- SEC Filing
- 0001475896-24-000005 ↗ filed Oct 15, 2024
Holdings Value
Holdings 1,143 stocks · $1.5B
| DFAC Dimensional US Core Equity 2 | 9.08% | 3,925,073 | $134.6M | Add +5.3% |
| DFAT Dimensional US Target Value | 8.23% | 2,193,323 | $122.0M | Add +4.3% |
| DFAX Dimensional World Ex US Core | 4.60% | 2,524,409 | $68.2M | Reduce -1.5% |
| DFEV Dimensional Emrg MRKT Val | 4.58% | 2,386,158 | $67.9M | Add +4.1% |
| DFEM Dimensional Emrg MRKT Core | 4.52% | 2,379,152 | $67.0M | Add +8.0% |
| DFIC Dimensional International Co. | 3.36% | 1,771,717 | $49.9M | Add +20.2% |
| DFUS Dimensional US Eq MKT ETF | 2.45% | 584,033 | $36.3M | Add +18.7% |
| BSCO Invesco Bulletshares 2024 CB | 2.45% | 1,717,305 | $36.3M | Reduce -4.0% |
| DISV Dimensional International SM | 2.20% | 1,120,251 | $32.6M | Add +3.0% |
| BSCP Invesco Bulletshares 2025 CB | 2.12% | 1,519,597 | $31.4M | Add +1.6% |
| BSCQ Invesco Bulletshares 2026 CB | 1.88% | 1,426,103 | $27.9M | Add +3.1% |
| AAPL Apple Inc. | 1.72% | 109,278 | $25.5M | Reduce -4.5% |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.53% | 285,278 | $22.7M | Add +1.7% |
| MSFT Microsoft Corp. | 1.42% | 48,899 | $21.0M | Reduce -3.6% |
| SCHX Schwab US Large-Cap ETF | 1.40% | 306,604 | $20.8M | Reduce -11.4% |
| NVDA Nvidia Corp. | 1.34% | 163,256 | $19.8M | Reduce -11.9% |
| ITOT iShares Core S&P Total U.S. | 1.04% | 122,312 | $15.4M | Reduce -3.4% |
| BSCR Invesco Bulletshares 2027 CB | 0.97% | 728,382 | $14.4M | Add +1.3% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.84% | 142,621 | $12.4M | Reduce -2.4% |
| BSCS Invesco Bulletshares 2028 CB | 0.83% | 600,010 | $12.3M | Add +5.4% |
| IBTE iShares Ibonds Dec 2024 Term | 0.82% | 508,261 | $12.2M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 0.72% | 57,416 | $10.7M | Reduce -12.7% |
| JPM JPMorgan Chase & Co. | 0.69% | 48,447 | $10.2M | Reduce -9.4% |
| IJS iShares S&P Small-Cap 600 Va | 0.69% | 94,409 | $10.2M | Reduce -1.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.65% | 123,302 | $9.6M | Reduce -0.9% |
| AVGO Broadcom Inc. | 0.62% | 53,049 | $9.2M | Reduce -13.7% |
| BSCT Invesco Bulletshares 2029 CB | 0.60% | 472,225 | $8.9M | Reduce -3.3% |
| WMT Walmart Inc. | 0.58% | 106,978 | $8.6M | Reduce -10.4% |
| IBDP iShares Ibonds Dec 2024 Term | 0.57% | 337,972 | $8.5M | Reduce -27.5% |
| AXP American Express Co. | 0.57% | 31,361 | $8.5M | Reduce -9.1% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.57% | 261,066 | $8.4M | Reduce -1.8% |
| DGRO iShares Core Dividend Growth | 0.57% | 134,265 | $8.4M | Reduce -3.1% |
| META Meta Platforms Inc. Class A | 0.56% | 14,619 | $8.4M | Reduce -13.6% |
| UNH Unitedhealth Group Inc. | 0.54% | 13,753 | $8.0M | Reduce -9.8% |
| BSJO Invesco Bulletshares 2024 HY | 0.54% | 349,850 | $7.9M | Reduce -30.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.53% | 27,570 | $7.8M | Reduce -11.3% |
| IBHD iShares Ibonds 2024 H/Y Inc. | 0.51% | 326,654 | $7.6M | Reduce -31.6% |
| NFLX Netflix Inc. | 0.51% | 10,630 | $7.5M | Reduce -12.0% |
| BSCU Invesco Bulletshares 2030 CB | 0.50% | 437,513 | $7.4M | Add +2.1% |
| ORCL Oracle Corp. | 0.48% | 42,016 | $7.2M | Reduce -11.7% |
| V Visa Inc. Class A | 0.48% | 25,656 | $7.1M | Reduce -12.5% |
| SCHA Schwab US Small-Cap ETF | 0.47% | 134,887 | $6.9M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.46% | 7,669 | $6.8M | Reduce -11.8% |
| CAT Caterpillar Inc. | 0.45% | 17,223 | $6.7M | Reduce -11.7% |
| XOM Exxon Mobil Corp. | 0.45% | 56,330 | $6.6M | Reduce -11.1% |
| IEMG iShares Core MSCI Emerging | 0.44% | 112,490 | $6.5M | Reduce -3.4% |
| LLY Eli Lilly & Co. | 0.43% | 7,265 | $6.4M | Reduce -16.4% |
| HD Home Depot Inc. | 0.43% | 15,870 | $6.4M | Reduce -10.7% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.42% | 50,452 | $6.2M | Add +3.7% |
| PG The Procter & Gamble Co. | 0.40% | 34,443 | $6.0M | Reduce -12.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.38% | 25,232 | $5.6M | Reduce -14.6% |
| AMGN Amgen Inc. | 0.37% | 16,953 | $5.5M | Reduce -11.2% |
| MCD McDonald's Corp. | 0.36% | 17,557 | $5.3M | Reduce -9.1% |
| MRK Merck & Co. Inc. | 0.36% | 46,777 | $5.3M | Reduce -14.9% |
| GS Goldman Sachs Group Inc. | 0.35% | 10,421 | $5.2M | Reduce -14.1% |
| TRV The Travelers Cos Inc. | 0.33% | 21,110 | $4.9M | Reduce -13.3% |
| TXN Texas Instruments Inc. | 0.33% | 23,528 | $4.9M | Reduce -10.2% |
| GOOG Alphabet Inc. Class C | 0.32% | 28,720 | $4.8M | Add +1.7% |
| DFSI Dimensional Int Sus COR1 ETF | 0.32% | 132,761 | $4.7M | Add +13.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 8,263 | $4.7M | Add +12.6% |
| GOOGL Alphabet Inc. Class A | 0.30% | 27,162 | $4.5M | Reduce -18.1% |
| KO The Coca-Cola Co. | 0.30% | 60,998 | $4.4M | Reduce -13.9% |
| SPEM State Street SP PTF Em ETF | 0.29% | 103,999 | $4.3M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 0.28% | 8,458 | $4.2M | Reduce -13.8% |
| SCHB Schwab US Broad Market ETF | 0.28% | 61,890 | $4.1M | Reduce -3.6% |
| VOO Vanguard S&P 500 ETF | 0.25% | 7,156 | $3.8M | Add +11.2% |
| IVV iShares Core S&P 500 ETF | 0.25% | 6,466 | $3.7M | Add +2.2% |
| PEP Pepsico Inc. | 0.25% | 21,753 | $3.7M | Reduce -18.0% |
| JNJ Johnson & Johnson | 0.25% | 22,593 | $3.7M | Reduce -15.7% |
| CSCO Cisco Systems Inc. | 0.24% | 67,982 | $3.6M | Reduce -18.7% |
| SCHG Schwab US Large-Cap Growth | 0.24% | 34,515 | $3.6M | Reduce -0.8% |
| TMUS T-Mobile US Inc. | 0.23% | 16,621 | $3.4M | Reduce -20.5% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.23% | 135,969 | $3.4M | Reduce -25.8% |
| IBTF iShares Ibonds Dec 2025 Term | 0.23% | 145,041 | $3.4M | Reduce -29.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.23% | 14,276 | $3.4M | Reduce -27.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.23% | 138,862 | $3.4M | Reduce -25.1% |
| CVX Chevron Corp. | 0.23% | 22,886 | $3.4M | Reduce -20.3% |
| ADBE Adobe Inc. | 0.23% | 6,443 | $3.3M | Reduce -11.6% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.22% | 93,595 | $3.3M | Add +9.8% |
| LOW Lowe's Cos Inc. | 0.22% | 11,957 | $3.2M | Reduce -20.9% |
| HON Honeywell International Inc. | 0.22% | 15,579 | $3.2M | Reduce -18.0% |
| ABBV Abbvie Inc. | 0.22% | 16,214 | $3.2M | Reduce -20.4% |
| BSCV Invesco Bulletshares 2031 CB | 0.21% | 185,682 | $3.1M | Add +24.1% |
| RTX RTX Corp. | 0.19% | 23,627 | $2.9M | Add +9.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.19% | 29,688 | $2.9M | Reduce -19.3% |
| NOW ServiceNow Inc. | 0.19% | 3,132 | $2.8M | Add +2.0% |
| DFSU Dimensional US Sus CORE1 ETF | 0.19% | 74,124 | $2.8M | Add +31.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 69,026 | $2.7M | Reduce -23.8% |
| SUSA iShares ESG Optimized MSCI U | 0.18% | 22,217 | $2.7M | Add +2.1% |
| CRM Salesforce Inc. | 0.18% | 9,745 | $2.7M | Reduce -19.3% |
| ESML iShares ESG Aware MSCI USA S | 0.18% | 63,692 | $2.7M | Add +1.2% |
| VZ Verizon Communications Inc. | 0.18% | 59,214 | $2.7M | Reduce -22.7% |
| ITW Illinois Tool Works | 0.18% | 9,966 | $2.6M | Reduce -20.3% |
| IBTH iShares Ibonds Dec 2027 Term | 0.18% | 114,885 | $2.6M | Reduce -24.3% |
| SCHV Schwab US Large-Cap Value | 0.18% | 32,342 | $2.6M | Add +0.1% |
| BSMO Invesco Bulletshares 2024 MB | 0.17% | 104,117 | $2.6M | Add +0.5% |
| IXUS iShares Core Intl Stock ETF | 0.17% | 34,760 | $2.5M | Reduce -14.7% |
| TGT Target Corp. | 0.17% | 16,146 | $2.5M | Add +6.3% |
| BSMQ Invesco Bulletshares 2026 MB | 0.17% | 104,592 | $2.5M | Add +10.7% |
| MMM 3M Co. | 0.17% | 18,098 | $2.5M | Reduce -7.4% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3 | $4K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 7 | $209 | No change |
| CMXWQ Caremax-CW | *W EXP 06/08/202 | 140 | $2 | No change |
Lines left out (1) · $40 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| SWKS Skyworks Solutions Inc. | COM | 0 | $40 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q2 2024 → Q3 2024
| IBHD iShares Ibonds 2024 H/Y Inc. | Reduce -31.6% | 0.51% | −0.26 |
| BSJO Invesco Bulletshares 2024 HY | Reduce -30.1% | 0.54% | −0.25 |
| NVDA Nvidia Corp. | Reduce -11.9% | 1.34% | −0.25 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -27.5% | 0.57% | −0.24 |
| BSCO Invesco Bulletshares 2024 CB | Reduce -4.0% | 2.45% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -12.7% | 0.72% | −0.16 |
| MSFT Microsoft Corp. | Reduce -3.6% | 1.42% | −0.15 |
| SCHX Schwab US Large-Cap ETF | Reduce -11.4% | 1.40% | −0.14 |
| INTC Intel Corp. | Reduce -30.0% | 0.13% | −0.13 |
| GOOGL Alphabet Inc. Class A | Reduce -18.1% | 0.30% | −0.11 |
| MRK Merck & Co. Inc. | Reduce -14.9% | 0.36% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -16.4% | 0.43% | −0.11 |
| NKE Nike Inc. Class B | Reduce -48.9% | 0.14% | −0.10 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -29.1% | 0.23% | −0.10 |
| BA The Boeing Co. | Reduce -30.6% | 0.11% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -23.5% | 0.15% | −0.09 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -25.8% | 0.23% | −0.09 |
| CVX Chevron Corp. | Reduce -20.3% | 0.23% | −0.08 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -25.1% | 0.23% | −0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -27.7% | 0.23% | −0.07 |
| DOW Dow Inc. | Reduce -37.4% | 0.12% | −0.07 |
| AVGO Broadcom Inc. | Reduce -13.7% | 0.62% | −0.07 |
| BAC Bank of America Corp. | Reduce -23.8% | 0.18% | −0.07 |
| INTU Intuit Inc. | Reduce -22.7% | 0.16% | −0.06 |
| HON Honeywell International Inc. | Reduce -18.0% | 0.22% | −0.06 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -42.3% | 0.09% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -9.4% | 0.69% | −0.06 |
| DIS The Walt Disney Co. | Reduce -19.3% | 0.19% | −0.06 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -29.6% | 0.14% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -11.1% | 0.45% | −0.06 |
| V Visa Inc. Class A | Reduce -12.5% | 0.48% | −0.06 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -26.1% | 0.16% | −0.06 |
| IBTH iShares Ibonds Dec 2027 Term | Reduce -24.3% | 0.18% | −0.06 |
| NFLX Netflix Inc. | Reduce -12.0% | 0.51% | −0.06 |
| IBTI iShares Ibonds Dec 2028 Term | Reduce -29.6% | 0.14% | −0.06 |
| ADBE Adobe Inc. | Reduce -11.6% | 0.23% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -11.8% | 0.46% | −0.05 |
| PEP Pepsico Inc. | Reduce -18.0% | 0.25% | −0.05 |
| AMD Advanced Micro Devices | Reduce -30.3% | 0.11% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.3% | 0.53% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -12.9% | 0.40% | −0.05 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -74.4% | 0.02% | −0.05 |
| AMGN Amgen Inc. | Reduce -11.2% | 0.37% | −0.05 |
| NUE Nucor Corp. | Reduce -32.1% | 0.08% | −0.04 |
| VXUS Vanguard Total Intl Stock | Reduce -82.0% | 0.01% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -22.7% | 0.18% | −0.04 |
| VHT Vanguard Health Care ETF | Reduce -39.3% | 0.06% | −0.04 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -27.1% | 0.10% | −0.04 |
| IBDU iShares Ibonds Dec 2029 Term | Reduce -32.9% | 0.07% | −0.04 |
| CRM Salesforce Inc. | Reduce -19.3% | 0.18% | −0.04 |
Portfolio Buys Q2 2024 → Q3 2024
| DFAC Dimensional US Core Equity 2 | Add +5.3% | 9.08% | +0.75 |
| DFIC Dimensional International Co. | Add +20.2% | 3.36% | +0.67 |
| DFAT Dimensional US Target Value | Add +4.3% | 8.23% | +0.66 |
| DFUS Dimensional US Eq MKT ETF | Add +18.7% | 2.45% | +0.44 |
| DFEM Dimensional Emrg MRKT Core | Add +8.0% | 4.52% | +0.43 |
| DFEV Dimensional Emrg MRKT Val | Add +4.1% | 4.58% | +0.21 |
| DISV Dimensional International SM | Add +3.0% | 2.20% | +0.17 |
| VFC VF Corp. | Add +1099.3% | 0.12% | +0.11 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +1.7% | 1.53% | +0.11 |
| DFSI Dimensional Int Sus COR1 ETF | Add +13.3% | 0.32% | +0.05 |
| DFSU Dimensional US Sus CORE1 ETF | Add +31.3% | 0.19% | +0.05 |
| BSCS Invesco Bulletshares 2028 CB | Add +5.4% | 0.83% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +55.7% | 0.11% | +0.04 |
| BSCV Invesco Bulletshares 2031 CB | Add +24.1% | 0.21% | +0.04 |
| RTX RTX Corp. | Add +9.8% | 0.19% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +12.6% | 0.32% | +0.04 |
| BSCQ Invesco Bulletshares 2026 CB | Add +3.1% | 1.88% | +0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +65.6% | 0.09% | +0.04 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +3.7% | 0.42% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +11.2% | 0.25% | +0.03 |
| DD Dupont DE Nemours Inc. | Add +14.8% | 0.15% | +0.03 |
| BSCW Invesco Bulletshares 2032 CB | Add +36.7% | 0.10% | +0.03 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +12.9% | 0.16% | +0.03 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +9.8% | 0.22% | +0.03 |
| DVY iShares Select Dividend ETF | Add +16.5% | 0.11% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +11.0% | 0.15% | +0.02 |
| NOW ServiceNow Inc. | Add +2.0% | 0.19% | +0.02 |
| DFAS Dimensional US Small Cap ETF | Add +19.6% | 0.09% | +0.02 |
| ETHE Grayscale Ethereum Staking E | New | 0.02% | +0.02 |
| BSCU Invesco Bulletshares 2030 CB | Add +2.1% | 0.50% | +0.02 |
| ARM Arm Holdings PLC-ADR | Add +3400.0% | 0.02% | +0.02 |
| AVAV Aerovironment Inc. | New | 0.02% | +0.02 |
| BSMR Invesco Bulletshares 2027 MB | Add +15.7% | 0.13% | +0.02 |
| IVE iShares S&P 500 Value ETF | Add +33.2% | 0.05% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +178.3% | 0.03% | +0.01 |
| TGT Target Corp. | Add +6.3% | 0.17% | +0.01 |
| BSMQ Invesco Bulletshares 2026 MB | Add +10.7% | 0.17% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +12.4% | 0.08% | +0.01 |
| LIN Linde PLC | Add +13.1% | 0.08% | +0.01 |
| BSCX Invesco Bulletshares 2033 CB | Add +58.7% | 0.03% | +0.01 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Add +22.1% | 0.06% | +0.01 |
| TRGP Targa Resources Corp. | New | 0.01% | +0.01 |
| DEW Wisdomtree Global High Divid | Add +4.9% | 0.11% | +0.01 |
| LRCX Lam Research Corp. | Add +469.4% | 0.02% | +0.01 |
| SNY Sanofi-ADR | Add +284.1% | 0.02% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +1.2% | 0.18% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.2% | 0.25% | +0.01 |
| NOC Northrop Grumman Corp. | Add +1.0% | 0.07% | +0.01 |
| OKE Oneok Inc. | Add +318.9% | 0.01% | +0.01 |
| IDEV iShares Core MSCI Dev MKTS | Add +8.4% | 0.09% | +0.01 |
Notes & Other Activity Q2 2024 → Q3 2024
| SWKS Skyworks Solutions Inc. | COM | Reduce -100.0% | 0 | $40 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,238 | $1.6B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q1 2026 | 1,111 | $1.4B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q4 2025 | 1,121 | $1.5B | DFAC, DFAT, DFEV, DFIC, DFEM |
| Q3 2025 | 1,138 | $1.5B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q2 2025 | 1,176 | $1.4B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q1 2025 | 1,127 | $1.2B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q4 2024 | 1,091 | $1.3B | DFAC, DFAT, DFEV, DFEM, DFAX |
| Q3 2024 | 1,143 | $1.5B | DFAC, DFAT, DFAX, DFEV, DFEM |
| Q2 2024 | 1,190 | $1.4B | DFAC, DFAT, DFAX, DFEV, DFEM |
| Q1 2024 | 1,019 | $1.3B | DFAC, DFAT, DFAX, DFEV, DFEM |