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International Small Cap Value Portfolio (I)

Ticker DISVX
Inception Date 12/29/94
Fund Net Assets $10.8 B (As Of 08/31/20)

The investment objective of the DFA International Small Cap Value Portfolio is to achieve long-term capital appreciation.

Returns (As of 08/31/20)(As of 06/30/20)

Annualized Returns

portfolio benchmark
YTD -13.69% -2.93%
1 Year 0.03% 10.89%
3 Year -4.98% 2.74%
5 Year 2.03% 6.82%
10 Year 6.22% 7.82%
Since Inception 6.44%

Annualized Returns

portfolio benchmark
YTD -20.84% -12.87%
1 Year -11.98% -3.20%
3 Year -6.38% 0.53%
5 Year -0.84% 3.56%
10 Year 5.78% 7.26%
Since Inception 6.12%

Calendar Year Returns

portfolio benchmark
2019 21.00% 25.41%
2018 -23.31% -18.07%
2017 27.98% 31.04%
2016 8.00% 4.32%
2015 3.99% 5.46%
2014 -4.99% -5.35%
2013 32.39% 25.55%
2012 22.26% 17.48%
2011 -17.46% -15.81%
2010 18.10% 24.51%

Performance is reported net of all advisory fees and includes reinvestment of dividends and other earnings. 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.  

Performance less than one year is not annualized.

Indices are not available for direct investment; therefore, their performance does not reflect the expenses associated with the management of an actual portfolio.

MSCI data copyright MSCI 2020, all rights reserved.

Dimensional funds are distributed by DFA Securities LLC.

Fees & Expenses

Management Fee 0.60%
Total Operating Expense Ratio 0.64%
Net Expense Ratio (to investor) 0.64%

Certain Portfolios have entered into fee waiver and/or expense assumption arrangements with the Advisor. In these cases, the Advisor has contractually agreed, under certain circumstances, to waive certain fees and/or assume certain expenses of the Portfolio. Unless otherwise stated in the prospectus, the Advisor may amend or discontinue these arrangements at any time, one year from the date of the prospectus. The net expense ratio reflects the total annual fund operating expenses of the Portfolio after taking into account any such fee waiver and/or expense assumption arrangements. Please read the Portfolio's prospectus for details and more information.

Characteristics (As Of 08/31/20)


Price-to-Book 0.70
% in Top 10 Holdings 7.99%
Wtd. Avg. Mkt. Cap. (Millions) $2073
Number of Holdings 2004
Annual Turnover as of 10/31/19 18%

Sector Allocation

Industrials 23.87%
Financials 20.14%
Materials 18.14%
Consumer Discretionary 14.12%
Energy 4.96%
Consumer Staples 4.93%
Information Technology 3.66%
Real Estate 3.46%
Health Care 2.70%
Communication Services 2.43%
Utilities 1.59%

Top Holdings

ASR Nederland NV 0.87%
Travis Perkins PLC 0.85%
Centamin PLC 0.85%
Bellway PLC 0.83%
Rexel SA 0.81%
Yamana Gold Inc 0.80%
Aurubis AG 0.79%
SBM Offshore NV 0.76%
Alamos Gold Inc 0.72%
OZ Minerals Ltd 0.70%

Top Countries

Japan 26.59%
United Kingdom 13.85%
Canada 10.13%
Australia 7.63%
Germany 6.24%

Please note that a Portfolio that invests in other Portfolios typically does not hold securities directly. As such, "Top Holdings" information for such a Portfolio represents "Top Holdings" information of underlying Portfolios.

Please click here to access Top Holdings as of the most recent month end available.

Holdings are subject to change.

Numbers may not total 100% due to rounding.

Portfolio Risks

Equity Market Risk: Even a long-term investment approach cannot guarantee a profit. Economic, market, political, and issuer-specific conditions and events will cause the value of equity securities, and the Portfolio that owns them, to rise or fall. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices.

Small Company Risk: Securities of small companies are often less liquid than those of large companies and this could make it difficult to sell a small company security at a desired time or price. As a result, small company stocks may fluctuate relatively more in price. In general, smaller capitalization companies are also more vulnerable than larger companies to adverse business or economic developments and they may have more limited resources.

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 may also be exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the U.S. dollar or that a foreign government will convert, or be forced to convert, its currency to another currency, changing its value against the U.S. dollar). The DFA International Small Cap Value Portfolio does not hedge foreign currency risk.

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.

Derivatives Risk: Derivatives are instruments, such as futures, and options thereon, and foreign currency forward contracts, whose value is derived from that of other assets, rates or indices. The use of derivatives for non-hedging purposes may be considered to carry more risk than other types of investments. When the DFA International Small Cap Value Portfolio uses derivatives, the Portfolio will be directly exposed to the risks of those derivatives. Derivative instruments are subject to a number of risks including counterparty, settlement, liquidity, interest rate, market, credit and management risks, as well as the risk of improper valuation. 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.

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, the DFA International Small Cap Value Portfolio may lose money and there may be a delay in recovering the loaned securities. The DFA International Small Cap Value Portfolio 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.

Operational Risk: Operational risks include human error, changes in personnel, system changes, faults in communication, and failures in systems, technology, or processes. Various operational events or circumstances are outside the Advisor’s control, including instances at third parties. The Portfolio and the Advisor seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address these risks.

Cyber Security Risk:
The DFA International Small Cap Value Portfolio’s and its service providers’ use of internet, technology and information systems may expose the Portfolio to potential risks linked to cyber security breaches of those technological or information systems. Cyber security breaches, amongst other things, could allow an unauthorized party to gain access to proprietary information, customer data, or fund assets, or cause the Portfolio and/or its service providers to suffer data corruption or lose operational functionality.


Calendar Year

Record Date Ex-Date Payable Date Type Rate per Share
06/28/17 06/29/17 06/30/17 Dividend $0.05771
09/27/17 09/28/17 09/29/17 Dividend $0.07015
12/13/17 12/14/17 12/15/17 Long-Term Capital Gain $0.69140
12/13/17 12/14/17 12/15/17 Dividend $0.45577
12/13/17 12/14/17 12/15/17 Short-Term Capital Gain $0.04626
Record Date Ex-Date Payable Date Type Rate per Share
09/26/18 09/27/18 09/28/18 Dividend $0.09997
12/14/18 12/17/18 12/18/18 Dividend $0.26691
12/14/18 12/17/18 12/18/18 Long-Term Capital Gain $0.61684
Record Date Ex-Date Payable Date Type Rate per Share
06/26/19 06/27/19 06/28/19 Dividend $0.13714
09/26/19 09/27/19 09/30/19 Dividend $0.08064
12/13/19 12/16/19 12/17/19 Dividend $0.26038
12/13/19 12/16/19 12/17/19 Long-Term Capital Gain $0.29052
Record Date Ex-Date Payable Date Type Rate per Share
06/26/20 06/29/20 06/30/20 Dividend $0.03699
09/28/20 09/29/20 09/30/20 Dividend $0.02262
12/11/20 12/14/20 12/15/20

This information is not meant to constitute investment advice, a recommendation of any securities product or investment strategy (including account type), or an offer of any services or products for sale, nor is it intended to provide a sufficient basis on which to make an investment decision. Investors should consult with a financial professional regarding their individual circumstances before making investment decisions.

Dimensional Fund Advisors LP 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

Dimensional funds are distributed by DFA Securities LLC.