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Fixed Income / 
Short-Term Extended Quality Portfolio

 

Inception DateTicker SymbolCUSIP Number
March 4, 2009DFEQX23320G521
The Short-Term Extended Quality Portfolio is a no-load mutual fund designed to maximize total returns by having the flexibility to invest in a full range of investment grade bonds, extending into the universe of US and foreign corporate debt securities rated in the lower half of the investment grade spectrum (i.e., rated BBB- to A+ by S&P or Fitch, or Baa3 to A1 by Moody's); however, the Portfolio will not emphasize investments in the lower half of the investment grade spectrum when Dimensional believes the credit risk premium does not warrant the investment. The Portfolio also invests in obligations issued or guaranteed by US and foreign governments, their agencies, and instrumentalities; bank obligations; commercial paper; repurchase agreements; obligations of other domestic and foreign issuers having investment grade ratings; securities of domestic or foreign issuers denominated in US dollars but not trading in the US; and obligations of supranational organizations. Currently, most investments are made in developed countries, but other countries may be added in the future. The Portfolio intends to hedge foreign currency exposure. The Portfolio primarily invests in securities that mature within five years from the date of settlement and maintains an average portfolio duration of three years or less.

For a full description, please consult the Portfolio's prospectus.
Prices
Updated Daily
DateClosing PriceNAV Change$NAV Change %
April 22, 2014$10.83$-0.01-0.09%
Updated Monthly
DateTotal Net Assets
March 31, 2014$3,366,168,807.58
Performance
Updated Daily
Total Returns Year-to-Date
April 22, 2014 0.79%
Updated Monthly
Total Returns One Month Three Month Year-to-Date
March 31, 2014 -0.24% 0.66% 0.66%
Updated Monthly
Average Annual Total Returns One Year Five Years Ten Years Since Inception
March 31, 2014 0.72% 4.02% -- 4.02%
Updated Quarterly
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of March 31, 2014 0.72% 4.02% -- 4.02%
Annual ExpensesNet Expense Ratio (to investor)Total Operating Expense Ratio
 0.22%0.23%
Operating Expense ratio as of 10/31/2013. The net expense ratio takes into account contractual management fee waivers/caps and expense assumption agreements that are in effect through 2/28/2015. 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$0.0136 USD04/7/201404/8/201404/9/2014$10.84 USD
Dividend$0.0140 USD03/7/201403/10/201403/11/2014$10.83 USD
Dividend$0.0075 USD02/7/201402/10/201402/11/2014$10.85 USD
Dividend$0.0210 USD12/10/201312/11/201312/12/2013$10.81 USD
Long-Term Gain$0.0160 USD12/10/201312/11/201312/12/2013$10.81 USD
Short-Term Gain$0.0020 USD12/10/201312/11/201312/12/2013$10.81 USD
Dividend$0.0130 USD11/7/201311/8/201311/12/2013$10.83 USD
Dividend$0.0200 USD10/7/201310/8/201310/9/2013$10.80 USD
Dividend$0.0080 USD09/9/201309/10/201309/11/2013$10.73 USD
Dividend$0.0130 USD08/7/201308/8/201308/9/2013$10.81 USD
Dividend$0.0140 USD07/8/201307/9/201307/10/2013$10.76 USD
Dividend$0.0120 USD06/7/201306/10/201306/11/2013$10.84 USD
Dividend$0.0160 USD05/7/201305/8/201305/9/2013$10.93 USD
Top Holdings
As of March 31, 2014% of portfolio
UK TSY 1% 2017 1.000000% 09/07/20170.02
NEW ZEALAND GOVERNMENT 6.000000% 12/15/20170.01
AMERICAN HONDA FINANCE 2.125000% 10/10/20180.01
UK TSY 1.25% 2018 1.250000% 07/22/20180.01
MONSANTO CO 1.850000% 11/15/20180.01
KOMMUNALBANKEN AS 1.000000% 03/15/20180.01
UNION BANK NA 3.000000% 06/06/20160.01
MORGAN STANLEY 4.750000% 03/22/20170.01
BK NEDERLANDSE GEMEENTEN 1.375000% 03/19/20180.01
FMS WERTMANAGEMENT 1.000000% 11/21/20170.01
EMC CORP 1.875000% 06/01/20180.01
MUNICIPALITY FINANCE PLC 1.125000% 04/17/20180.01
ANHEUSER-BUSCH INBEV WOR 1.375000% 07/15/20170.01
RABOBANK NEDERLAND NY 2.250000% 01/14/20190.01
FORD MOTOR CREDIT CO LLC 5.000000% 05/15/20180.01
LAB CORP OF AMER HLDGS 2.200000% 08/23/20170.01
SHELL INTERNATIONAL FIN 2.000000% 11/15/20180.01
AFLAC INC 2.650000% 02/15/20170.01
AMERICAN EXPRESS CREDIT 2.800000% 09/19/20160.01
ANADARKO PETROLEUM CORP 5.950000% 09/15/20160.01
Total0.16
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).

Interest Rate Risk
Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. In general, fixed income securities with longer maturities are more sensitive to these price changes.

Credit Risk
Credit risk is the risk that the issuer of a security may be unable to make interest payments and/or repay principal when due. A downgrade to an issuer's credit rating or a perceived change in an issuer's financial strength may affect a security's value, and thus, impact a fund's performance. Credit risk is greater for fixed income securities with ratings below investment grade. Fixed income securities that are below investment grade involve high credit risk and are considered speculative. Below-investment grade fixed income securities may also fluctuate in value more than higher-quality fixed income securities.

Risk of Banking Concentration
The fund may temporarily concentrate its assets in obligations of US and/or foreign banks and bank holding companies when the yield to maturity on eligible portfolio investments in banking industry securities as a group generally exceeds the yield to maturity on all other eligible portfolio investments as a group. Focus on the banking industry would link the performance of the fund to changes in the performance of the banking industry. For example, a change in the market's perception of the riskiness of banks compared to non-banks would cause the fund's values to fluctuate.

Income Risk
Income risk is the risk that falling interest rates will cause the fund's income to decline.

Call Risk
Call risk is the risk that during periods of falling interest rates, a bond issuer will call or repay a higher-yielding bond before its maturity date, forcing the fund to reinvest in bonds with lower interest rates than the original obligations.


 

 

 

 

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.

Top Holdings data provided by State Street.