The investment objective of the U.S. Large Cap Value Portfolio is to achieve long-term capital appreciation. The Portfolio is a feeder portfolio and pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The U.S. Large Cap Value Series, which has the same investment objective and policies as the U.S. Large Cap Value Portfolio.
The Fund Net Assets shown represents the assets for the master fund that this portfolio invests in.
| portfolio | benchmark | |
|---|---|---|
| YTD | 7.60% | 6.05% |
| 1 Year | 18.81% | 13.76% |
| 3 Year | 8.45% | 8.45% |
| 5 Year | 16.29% | 14.00% |
| 10 Year | 7.11% | 6.21% |
| Since Inception | 10.29% | 9.78% |
| portfolio | benchmark | |
|---|---|---|
| 2016 | 18.89% | 17.34% |
| 2015 | -3.49% | -3.83% |
| 2014 | 10.07% | 13.45% |
| 2013 | 40.32% | 32.53% |
| 2012 | 22.05% | 17.51% |
| 2011 | -3.14% | 0.39% |
| 2010 | 20.17% | 15.51% |
| 2009 | 30.19% | 19.69% |
| 2008 | -40.80% | -36.85% |
| 2007 | -2.76% | -0.17% |
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.
Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes.
Dimensional funds are distributed by DFA Securities LLC.
| Management Fee | 0.35% |
| Management Fee After Fee Waiver | 0.25% |
| Total Operating Expense Ratio | 0.37% |
| Net Expense Ratio (to investor) | 0.27% |
Under certain circumstances, the Advisor has contractually agreed to waive certain fees and/or assume certain expenses of the Portfolio. Unless otherwise stated in the prospectus, the Advisor may amend or discontinue the waivers 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 reimbursement arrangements. Please read the Portfolio’s prospectus for details and more information.
| Price-to-Book | 1.84 |
| % in Top 10 Holdings | 29.04% |
| Wtd. Avg. Mkt. Cap. (Millions) | $102468 |
| Number of Holdings | 318 |
| Annual Turnover as of 10/31/16 | 15% |
| Financials | 23.84% |
| Information Technology | 14.08% |
| Consumer Discretionary | 13.57% |
| Health Care | 13.00% |
| Energy | 10.91% |
| Industrials | 9.53% |
| Consumer Staples | 7.09% |
| Telecommunication Services | 4.52% |
| Materials | 3.27% |
| Utilities | 0.19% |
| JPMorgan Chase & Co | 4.19% |
| Exxon Mobil Corp | 3.80% |
| AT&T Inc | 3.67% |
| Comcast Corp | 3.30% |
| Intel Corp | 3.10% |
| Cisco Systems Inc | 2.64% |
| Citigroup Inc | 2.22% |
| Pfizer Inc | 2.20% |
| Wells Fargo & Co | 2.07% |
| Bank of America Corp | 1.83% |
1 The portfolio turnover rate presented is the portfolio turnover of the Master Fund.
2 Sectors defined by MSCI.
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 a more recent month end.
Holdings are subject to change.
Numbers may not total 100% due to rounding.
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.
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 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 U.S. Large Cap Value Series and U.S. Large Cap Value Portfolio use derivatives, the U.S. Large Cap Value Portfolio will be directly exposed to the risks of those derivatives. Derivative instruments are subject to a number of risks including counterparty, liquidity, interest rate, market, credit and management risks, and 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 U.S. Large Cap Value Series may lose money and there may be a delay in recovering the loaned securities. The U.S. Large Cap Value Series 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.
Cyber Security Risk: The U.S. Large 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.
| Record Date | Ex-Date | Payable Date | Type | Rate per Share |
|---|---|---|---|---|
| 03/07/14 | 03/10/14 | 03/11/14 | Dividend | $0.10537 |
| 06/06/14 | 06/09/14 | 06/10/14 | Dividend | $0.13580 |
| 09/08/14 | 09/09/14 | 09/10/14 | Dividend | $0.15324 |
| 12/15/14 | 12/16/14 | 12/17/14 | Dividend | $0.19108 |
| 12/15/14 | 12/16/14 | 12/17/14 | Long-Term Capital Gain | $0.18997 |
| Record Date | Ex-Date | Payable Date | Type | Rate per Share |
|---|---|---|---|---|
| 03/06/15 | 03/09/15 | 03/10/15 | Dividend | $0.13778 |
| 06/05/15 | 06/08/15 | 06/09/15 | Dividend | $0.15688 |
| 09/08/15 | 09/09/15 | 09/10/15 | Dividend | $0.17097 |
| 12/15/15 | 12/16/15 | 12/17/15 | Dividend | $0.19438 |
| 12/15/15 | 12/16/15 | 12/17/15 | Long-Term Capital Gain | $1.34934 |
| Record Date | Ex-Date | Payable Date | Type | Rate per Share |
|---|---|---|---|---|
| 03/29/16 | 03/30/16 | 03/31/16 | Dividend | $0.17980 |
| 06/28/16 | 06/29/16 | 06/30/16 | Dividend | $0.16402 |
| 09/28/16 | 09/29/16 | 09/30/16 | Dividend | $0.15829 |
| 12/14/16 | 12/15/16 | 12/16/16 | Dividend | $0.16368 |
| 12/14/16 | 12/15/16 | 12/16/16 | Long-Term Capital Gain | $0.82242 |
| Record Date | Ex-Date | Payable Date | Type | Rate per Share |
|---|---|---|---|---|
| 03/29/17 | 03/30/17 | 03/31/17 | Dividend | $0.15837 |
| 06/28/17 | 06/29/17 | 06/30/17 | Dividend | $0.17033 |
| 09/27/17 | 09/28/17 | 09/29/17 | — | — |
| 12/14/17 | 12/15/17 | 12/18/17 | — | — |
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 us.dimensional.com.
Dimensional funds are distributed by DFA Securities LLC.