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Non-US Equity / 
Intl. Value Portfolio (I)

 

Inception DateTicker SymbolCUSIP Number
February 15, 1994DFIVX25434D203
The International Value Portfolio is a no-load mutual fund designed to achieve long-term capital appreciation. The portfolio pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The International Value Series. The Master Fund purchases securities of large non-US companies that Dimensional believes to be value stocks at the time of purchase. Securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value (BtM). Dimensional may modify market capitalization weights and even exclude companies after considering such factors as free float, momentum, trading strategies, liquidity management, and expected profitability. In assessing expected profitability, Dimensional may consider different ratios, such as that of earnings or profits from operations relative to book value or assets. The Master Fund intends to purchase securities associated with developed market countries that Dimensional has designated as approved markets.

For a full description, please consult the Portfolio's prospectus.
Prices
Updated Daily
DateClosing PriceNAV Change$NAV Change %
October 24, 2014$18.08$0.070.39%
Updated Monthly
DateTotal Net Assets
September 30, 2014$7,012,865,249.29
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Annual ExpensesNet Expense Ratio (to investor)Total Operating Expense Ratio
 0.43%0.43%
Operating Expense ratios as of 10/31/2013. The fund's prospectus contains more information on fees and expenses.
Performance data shown represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent month-end, visit www.dimensional.com.
Distributions
Last 12 Months
TypeAmount per ShareRecord DateEx-dividend DatePayable DateEx-dividend Price
Dividend$0.0885 USD09/8/201409/9/201409/10/2014$19.47 USD
Dividend$0.3248 USD06/6/201406/9/201406/10/2014$20.22 USD
Dividend$0.3151 USD03/7/201403/10/201403/11/2014$19.79 USD
Dividend$0.1080 USD12/11/201312/12/201312/13/2013$18.82 USD
Top Holdings (538 Total)
As of September 30, 2014Weight
Royal Dutch Shell PLC3.78
BP PLC3.55
Novartis AG3.15
HSBC Holdings PLC2.14
Daimler AG1.82
Vodafone Group PLC1.61
Mitsubishi UFJ Financial 1.59
Allianz SE1.52
Suncor Energy Inc1.48
Swiss Re AG1.32
ING Groep NV1.19
Sumitomo Mitsui Financial1.14
AXA SA1.10
Canadian Natural Resource1.09
Zurich Insurance Group AG1.07
Barclays PLC1.05
Mizuho Financial Group In0.99
Vivendi SA0.95
Wesfarmers Ltd0.92
UBS AG0.91
Total32.35
Sector Allocations
As of September 30, 2014% of portfolio
Financials 35.2
Energy 13.6
Materials 11.2
Consumer Discretionary 10.8
Industrials 9.2
Telecommunication Services 4.8
Consumer Staples 4.2
Health Care 4.0
Utilities 3.6
Information Technology 3.5
Other 0.0
Total100.00
Sectors defined by MSCI
Market Risk
Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the value of securities, and the funds that own them, to rise or fall. Because the value of your investment in a fund will fluctuate, there is a risk that you will lose money.

Foreign Securities and Currencies Risk
Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities are also exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the US dollar).

Derivatives Risk
Derivatives can be used for hedging (attempting to reduce risk by offsetting one investment position with another) or non-hedging purposes. While hedging can reduce or eliminate losses, it also can reduce or eliminate gains. The use of derivatives for non-hedging purposes may be considered more speculative than other types of investments. When the Portfolio uses derivatives, the Portfolio will be directly exposed to the risks of those derivatives. Derivative securities are subject to a number of risks, including commodity, correlation, interest rate, liquidity, market, credit and management risks, and the risk of improper valuation. The Portfolio also may use derivatives for leverage. The Portfolio's use of derivatives, particularly commodity-linked derivatives, involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Changes in the value of a derivative may not correlate perfectly with the underlying asset, rate, or index, and the Portfolio could lose more than the principal amount invested. For example, potential losses from commodity-linked notes or swap agreements can be unlimited. Additional risks are associated with the use of credit default swaps, including counterparty and credit risk (the risk that the other party to a swap agreement will not fulfill its contractual obligations, whether because of bankruptcy or other default) and liquidity risk (the possible lack of a secondary market for the swap agreement). Also, suitable derivative transactions may not be available in all circumstances and there can be no assurance that the Portfolio will engage in these transactions to reduce exposure to other risks when that would be beneficial.

Securities Lending Risk
Securities lending involves the risk that the borrower may fail to return the securities in a timely manner or at all. As a result, an Underlying Fund may lose money and there may be a delay in recovering the loaned securities. An Underlying Fund could also lose money if it does not recover the securities and/or the value of the collateral falls, including the value of investments made with cash collateral. Securities lending also may have certain adverse tax consequences. To the extent that the Portfolio holds securities directly and lends those securities, it will be also subject to the foregoing risks with respect to its loaned securities.

Value Investment Risk
Value stocks may perform differently from the market as a whole and following a value-oriented investment strategy may cause the Portfolio to at times underperform equity funds that use other investment strategies.


Dimensional Fund Advisors is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at www.dimensional.com.

Mutual funds distributed by DFA Securities LLC.

These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors reserves the right to restate these NAV figures, if necessary, at any time.