US Targeted Value Portfolio Class R1


Inception Date
January 31, 2008
Ticker Symbol
DFTVX
CUSIP Number
233-203-231

The US Targeted Value Portfolio is designed to capture the returns and diversification benefits of a broad cross-section of US small value companies, on a market-cap weighted basis. The Portfolio invests in securities of US companies smaller than the 500th largest company in the market universe. The market universe is comprised of companies listed on the New York Stock Exchange, American Stock Exchange, and Nasdaq National Market System. After identifying the aggregate market capitalization break, a value screen is applied to the universe. Securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value (BtM). This BtM sort excludes firms with negative or zero book values. In assessing value, additional factors such as price-to-cash-flow or price-to-earnings ratios may be considered, as well as economic conditions and developments in the issuer's industry. The criteria for assessing value are subject to change from time to time.

For a full description, please consult the Portfolio's prospectus.

Class R1 shares are only intended for investors who have purchased shares through certain eligible group retirement plans.

Prices
Updated Daily
 
Date Closing Price NAV Change $ NAV Change %
August 27, 2008 $10.08 $0.14 1.41%

These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors reserves the right to restate these NAVs, if necessary, at any time.


Performance
Updated Monthly
Total Returns One Month Three Month Year-to-Date
As of July 31, 2008 2.64% -3.56% N/A
 
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of July 31, 2008 N/A N/A N/A -2.10%*

* Returns for periods less than one year are not annualized.


Updated Quarterly
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of June 30, 2008 N/A N/A N/A -4.62%*

* Returns for periods less than one year are not annualized.

Performance data shown for Class R1 shares is hypothetical based on the historical performance of Class I shares, adjusted for higher Class R1 share operating expenses. Class R1 shares debuted on 1/31/2008 and are only available to investors in certain eligible group retirement plans. The inception date reflects the inception of the oldest share class, Class I, on 2/23/2000.

Performance data represents past performance. Past performance is no guarantee of future results, and current performance may be higher or lower than the performance displayed. The investment return and principal value of an investment will fluctuate such that an investor's shares, when redeemed, may be worth more or less than their original cost. Total returns include reinvestment of dividends and capital gains and are net of all fees and expenses. Prior to April 2002, certain international equity portfolios charged a reimbursement fee to the purchasers of shares of those portfolios.


Annual Expenses Total Operating
Expense Ratio
Net Expense Ratio
(to investor)
As of January 31, 2008 0.61% 0.61%

Dimensional has contractually agreed to waive certain fees and assume expenses for a one-year period set to terminate on April 1 unless renewed. Dimensional may seek reimbursement for amounts previously waived under the conditions outlined in the prospectus.


Distributions
Last 12 Months
 

Type
Amount per Share Record Date Ex-dividend Date Payable Date Ex-dividend Price
Dividend $0.0310 6/9/2008 6/10/2008 6/13/2008 $10.28
Dividend $0.0290 3/7/2008 3/10/2008 3/13/2008 $9.24


Top Holdings
 

As of July 31, 2008

% of Portfolio
CENTURYTEL INC 0.52
ARROW ELECTRONICS INC 0.50
MEADWESTVACO CORP 0.45
CIMAREX ENERGY CO 0.44
WHIRLPOOL CORP 0.43
COMERICA INC 0.42
ALLIED WASTE INDUSTRIES INC 0.42
INGRAM MICRO INC 0.42
MOHAWK INDUSTRIES INC 0.40
AMERICAN CAPITAL LTD 0.40
AVNET INC 0.39
BERKLEY W.R. CORP. 0.39
CONSTELLATION BRANDS INC 0.39
OMNICARE, INC. 0.38
SMITHFIELD FOODS, INC. 0.38
TRANSATLANTIC HOLDINGS INC. 0.37
AMERICAN FINANCIAL GROUP INC/OH 0.37
RYDER SYSTEM INC 0.35
EXCO RESOURCES INC 0.34
ASHLAND INC 0.34
Total 8.10


Sector Allocations
 
As of July 31, 2008 % of Portfolio
Consumer Discretionary 15.1
Consumer Staples 4.5
Energy 8.3
Financials 23.2
Health Care 8.0
Industrials 16.8
Information Technology 17.2
Materials 6.1
Other 0.0
Telecommunication Services 0.7
Utilities 0.0
Total 100.0

Sectors defined by MSCI.


View proxy vote filings.

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.

Small Company Risk
Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuate relatively more in price.

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 (310) 395-8005; on the Internet at www.dimensional.com; or, by mail, DFA Securities Inc., c/o Dimensional Fund Advisors, 1299 Ocean Avenue, Santa Monica, CA 90401.

Mutual funds distributed by DFA Securities Inc.