Back To Mutual Funds

VA US Targeted Value Portfolio

Cusip 233203710
Inception Date 10/03/95
Fund Net Assets $325.8 M (As Of 09/30/17)

The investment objective of the VA U.S. Targeted Value Portfolio is to achieve long-term capital appreciation. The portfolio is available only to insurance company separate accounts funding variable life and variable annuity insurance contracts.

Returns (As of 09/30/17)(As of 09/30/17)

Annualized Returns

portfolio benchmark
YTD 5.23% 5.68%
1 Year 19.58% 20.55%
3 Year 9.87% 12.12%
5 Year 14.84% 13.27%
10 Year 7.37% 7.14%
Since Inception 11.01% 10.24%

Annualized Returns

portfolio benchmark
YTD 5.23% 5.68%
1 Year 19.58% 20.55%
3 Year 9.87% 12.12%
5 Year 14.84% 13.27%
10 Year 7.37% 7.14%
Since Inception 11.01% 10.24%

Calendar Year Returns

portfolio benchmark
2016 27.49% 31.74%
2015 -5.23% -7.47%
2014 3.71% 4.22%
2013 44.62% 34.52%
2012 20.11% 18.05%
2011 -4.55% -5.50%
2010 29.07% 24.50%
2009 26.62% 20.58%
2008 -36.94% -28.92%
2007 -13.96% -9.78%

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 0.35%
Total Operating Expense Ratio 0.38%
Net Expense Ratio (to investor) 0.38%

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 09/30/17)

Characteristics

Price-to-Book 1.41
% in Top 10 Holdings 6.16%
Wtd. Avg. Mkt. Cap. (Millions) $3052
Number of Holdings 1281
Annual Turnover as of 10/31/16 33%

GICS Sector Allocation1

Financials 26.15%
Industrials 20.74%
Consumer Discretionary 15.67%
Information Technology 12.01%
Energy 9.49%
Health Care 6.10%
Materials 5.65%
Consumer Staples 2.69%
Utilities 0.67%
Telecommunication Services 0.61%
REITs 0.22%

Top Holdings

Arrow Electronics Inc 0.80%
AECOM 0.70%
PulteGroup Inc 0.69%
Jacobs Engineering Group Inc 0.59%
Rice Energy Inc 0.58%
Owens Corning 0.57%
Kohl's Corp 0.57%
Air Lease Corp 0.56%
Toll Brothers Inc 0.55%
HollyFrontier Corp 0.54%

1 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.

 

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 following a value-oriented investment strategy may cause the Portfolio to at times underperform equity funds that use other investment strategies.

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.

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 VA U.S. Targeted 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, 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 VA U.S. Targeted Value Portfolio may lose money and there may be a delay in recovering the loaned securities. The 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.

Cyber Security Risk: The VA U.S. Targeted 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.


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.

Insurance and annuity products are not offered through Dimensional.