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US Large Cap Value Portfolio (I)

Ticker DFLVX
Inception Date 02/19/93
Fund Net Assets $29.6 B (As Of 06/30/21)

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.

Returns (As of 06/30/21)(As of 06/30/21)

Annualized Returns

portfolio benchmark
YTD 20.71% 17.05%
1 Year 50.50% 43.68%
3 Year 10.71% 12.42%
5 Year 12.56% 11.87%
10 Year 11.82% 11.61%
Since Inception 10.30% 9.93%

Annualized Returns

portfolio benchmark
YTD 20.71% 17.05%
1 Year 50.50% 43.68%
3 Year 10.71% 12.42%
5 Year 12.56% 11.87%
10 Year 11.82% 11.61%
Since Inception 10.30% 9.93%

Calendar Year Returns

portfolio benchmark
2020 -0.61% 2.80%
2019 25.45% 26.54%
2018 -11.65% -8.27%
2017 18.97% 13.66%
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%

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.

Fees & Expenses

Management Fee 0.29%
Management Fee After Fee Waiver 0.19%
Total Operating Expense Ratio 0.32%
Net Expense Ratio (to investor) 0.22%

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 06/30/21)

Characteristics1

Price-to-Book 2.13
% in Top 10 Holdings 21.50%
Wtd. Avg. Mkt. Cap. (Millions) $118900
Number of Holdings 353
Annual Turnover as of 10/31/20 4%

Sector Allocation

Financials 21.71%
Health Care 15.50%
Industrials 13.42%
Communication Services 10.84%
Information Technology 9.75%
Energy 7.78%
Consumer Discretionary 7.48%
Materials 7.47%
Consumer Staples 5.41%
Real Estate 0.40%
Utilities 0.26%

Top Holdings

JPMorgan Chase & Co 3.10%
Comcast Corp 2.80%
Intel Corp 2.45%
Pfizer Inc 2.39%
AT&T Inc 2.24%
Charter Communications Inc 1.95%
Berkshire Hathaway Inc 1.90%
Exxon Mobil Corp 1.66%
Bank of America Corp 1.58%
Goldman Sachs Group Inc/The 1.42%

1 The portfolio turnover rate presented is the portfolio turnover of the Master Fund.

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.

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.

Value Investment Risk: Value stocks may perform differently from the market as a whole and an investment strategy purchasing these securities may cause the Series to at times underperform equity funds that use other investment strategies. Value stocks can react differently to political, economic, and industry developments than the market as a whole and other types of stocks. Value stocks also may underperform the market for long periods of time.

Profitability Investment Risk: High relative profitability stocks may perform differently from the market as a whole and an investment strategy purchasing these securities may cause the Series to at times underperform equity funds that use other investment strategies.

Derivatives Risk: Derivatives are instruments, such as futures contracts, and options thereon, 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 Series and the Portfolio use derivatives, the 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, 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 Series may lose money and there may be a delay in recovering the loaned securities. The 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.

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 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.

Distributions

Calendar Year

2021
Record Date Ex-Date Payable Date Type Rate per Share
03/27/18 03/28/18 03/29/18 Dividend $0.16770
06/27/18 06/28/18 06/29/18 Dividend $0.19030
09/26/18 09/27/18 09/28/18 Dividend $0.19834
12/17/18 12/18/18 12/19/18 Dividend $0.15886
12/17/18 12/18/18 12/19/18 Long-Term Capital Gain $1.80169
Record Date Ex-Date Payable Date Type Rate per Share
03/27/19 03/28/19 03/29/19 Dividend $0.17859
06/26/19 06/27/19 06/28/19 Dividend $0.20342
09/26/19 09/27/19 09/30/19 Dividend $0.21625
12/16/19 12/17/19 12/18/19 Long-Term Capital Gain $0.81434
12/16/19 12/17/19 12/18/19 Dividend $0.15003
Record Date Ex-Date Payable Date Type Rate per Share
03/27/20 03/30/20 03/31/20 Dividend $0.20001
06/26/20 06/29/20 06/30/20 Dividend $0.19437
09/28/20 09/29/20 09/30/20 Dividend $0.18877
12/15/20 12/16/20 12/17/20 Dividend $0.15727
Record Date Ex-Date Payable Date Type Rate per Share
03/29/21 03/30/21 03/31/21 Dividend $0.16523
06/28/21 06/29/21 06/30/21 Dividend $0.18822
09/28/21 09/29/21 09/30/21
12/14/21 12/15/21 12/16/21
12/29/21 12/30/21 12/31/21

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 us.dimensional.com.

Dimensional funds are distributed by DFA Securities LLC.