Tax-Managed US Marketwide Value Portfolio
Inception Date
December 14, 1998
|
Ticker Symbol
DTMMX |
CUSIP Number
233-203-561 |
The Tax-Managed US Marketwide Value Portfolio is a no-load mutual fund designed to capture the returns and diversifications of a broad cross-section of US value companies, on a market cap-weighted basis. The Portfolio invests in securities of US companies whose size (market capitalization) falls within the range of total market capitalization. The available universe is comprised of companies listed on the New York Stock Exchange, American Stock Exchange, or NASDAQ National Market System. 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 earning 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. The Portfolio seeks to minimize the impact of federal taxes by deferring the realization of net capital gains and attempting to minimize the receipt of dividend income in order to minimize the taxable distributions to investors.
For a full description, please consult the Portfolio's prospectus.
| Prices |
| Updated Daily |
| |
| September 5, 2008 |
$14.64 |
$0.15 |
1.04% |
|
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 Daily |
| As of September 5, 2008 |
-13.69% |
|
| Updated Monthly |
| As of August 31, 2008 |
2.04% |
-9.96% |
-11.68% |
|
| |
| As of August 31, 2008 |
-15.10% |
9.12% |
N/A |
5.54% |
|
| Updated Quarterly |
| As of June 30, 2008 |
-21.14% |
10.42% |
N/A |
5.50% |
|
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.
|
| As of November 30, 2007 |
0.37% |
0.37% |
|
|
| Distributions |
| Last 12 Months |
| |
| Dividend |
$0.0700 |
6/9/2008 |
6/10/2008 |
6/13/2008 |
$16.04 |
| Dividend |
$0.0480 |
3/7/2008 |
3/10/2008 |
3/13/2008 |
$14.97 |
| Dividend |
$0.0990 |
12/18/2007 |
12/19/2007 |
12/24/2007 |
$16.86 |
| LT Capital Gain |
$0.2380 |
12/18/2007 |
12/19/2007 |
12/24/2007 |
$16.86 |
| Dividend |
$0.0660 |
9/7/2007 |
9/10/2007 |
9/13/2007 |
$17.74 |
|
| Top Holdings |
| |
| JPMORGAN CHASE & CO |
4.38 |
| CONOCOPHILLIPS |
4.20 |
| AT&T INC |
2.69 |
| BANK OF AMERICA CORP |
2.47 |
| UNION PACIFIC CORP |
2.37 |
| TIME WARNER INC |
2.35 |
| VERIZON COMMUNICATIONS INC |
2.33 |
| COMCAST CORP |
2.03 |
| DEVON ENERGY CORP |
1.87 |
| APACHE CORP |
1.74 |
| BURLINGTON NORTHERN SANTA FE CORP |
1.64 |
| CSX CORP |
1.51 |
| NORFOLK SOUTHERN CORP |
1.51 |
| METLIFE INC |
1.45 |
| ANADARKO PETROLEUM CORP |
1.44 |
| AMERICAN INTERNATIONAL GROUP INC |
1.30 |
| KRAFT FOODS INC |
1.19 |
| LOEWS CORP |
1.08 |
| TRAVELERS COS INC/THE |
1.08 |
| PRUDENTIAL FINANCIAL INC |
1.05 |
| Total |
39.68 |
|
| Sector Allocations |
| |
| Consumer Discretionary |
13.1 |
| Consumer Staples |
5.5 |
| Energy |
17.9 |
| Financials |
31.7 |
| Health Care |
2.1 |
| Industrials |
13.6 |
| Information Technology |
7.3 |
| Materials |
3.4 |
| Other |
0.0 |
| Telecommunication Services |
5.3 |
| 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.
Tax Management Strategy Risk
Tax-management strategies may alter investment decisions and affect the
portfolio holdings when compared to those of non-tax-managed mutual funds. Performance of the
fund may deviate from that of non-tax-managed mutual funds.
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.
