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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$19.95

$11.4 B

4.38%

$0.87

0.39%

Vitals

YTD Return

3.3%

1 yr return

14.3%

3 Yr Avg Return

1.5%

5 Yr Avg Return

6.8%

Net Assets

$11.4 B

Holdings in Top 10

99.9%

52 WEEK LOW AND HIGH

$19.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.39%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$19.95

$11.4 B

4.38%

$0.87

0.39%

DFISX - Profile

Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    INTERNATIONAL SMALL COMPANY PORTFOLIO
  • Fund Family Name
    Dimensional Funds
  • Inception Date
    Nov 12, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

The International Small Company Portfolio is a “fund of funds,” which means the Portfolio generally allocates its assets among other funds managed by Dimensional Fund Advisors LP (the “Advisor”) (the “Underlying Funds”), although it has the ability to invest directly in securities and derivatives.

To achieve the International Small Company Portfolio’s and the Underlying Funds’ investment objectives, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio

management, and trading functions. As further described below, the Portfolio’s and the Underlying Funds’ designs emphasize long-term drivers of expected returns identified by the Advisor’s research, while balancing risk through broad diversification across companies and sectors. The Advisor’s portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs.

The International Small Company Portfolio is designed to provide investors with access to securities portfolios consisting of a broad range of equity securities of primarily small Canadian, Japanese, United Kingdom, Continental European and Asia Pacific companies. The Portfolio also may have some exposure to small capitalization equity securities associated with other countries or regions. The Portfolio pursues its investment objective by investing substantially all of its assets in the following Underlying Funds: The Canadian Small Company Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series and The Continental Small Company Series of The DFA Investment Trust Company. Periodically, the Advisor will review the allocations for the Portfolio in each Underlying Fund and may adjust allocations to the Underlying Funds or may add or remove Underlying Funds in the Portfolio without notice to shareholders. Each Underlying Fund invests in small companies using a market capitalization weighted approach in each country or region designated by the Advisor as an approved market for investment. A company’s market capitalization is the number of its shares outstanding times its price per share. Under a market capitalization weighted approach, companies with higher market capitalizations generally represent a larger proportion of an Underlying Fund than companies with relatively lower market capitalizations. The Portfolio and Underlying Funds may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the countries and/or regions in which the Portfolio and/or Underlying Funds are authorized to invest. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Advisor may consider additional factors such as price to cash flow or price to earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Advisor uses for assessing relative price and profitability are subject to change from time to time. As a non-fundamental policy, under normal circumstances, the International Small Company Portfolio, through its investments in the Underlying Funds, will invest at least 80% of its net assets in securities of small companies.

The Advisor may also increase or reduce the International Small Company Portfolio’s and/or Underlying Funds’ exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company’s price momentum, short-run reversals, and investment characteristics. In assessing a company’s investment characteristics, the Advisor considers ratios such as recent changes in assets divided by total assets. The criteria the Advisor uses for assessing a company’s investment characteristics are subject to change from time to time. In addition, the Advisor seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.

The International Small Company Portfolio and each Underlying Fund may invest in affiliated and unaffiliated registered and unregistered money market funds to manage its cash pending investment in other securities or to maintain liquidity for the payment of redemptions or other purposes. Investments in money market funds may involve a duplication of certain fees and expenses.

Each Underlying Fund may gain exposure to companies associated with approved markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuer’s domicile country. The International Small Company Portfolio and each Underlying Fund may purchase or sell futures contracts and options on futures contracts for equity securities and indices of its approved markets or other equity market securities or indices, including those of the United States, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio or Underlying Fund. Because many of the Portfolio’s and the Underlying Funds’ investments may be denominated in foreign currencies, the Portfolio and each Underlying Fund may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency.

The International Small Company Portfolio and the Underlying Funds may lend their portfolio securities to generate additional income.

A summary of the investment strategies and policies of the Underlying Funds in which the International Small Company Portfolio invests as of the date of this Prospectus is described in the Portfolio’s Prospectus in the section entitled “ADDITIONAL INFORMATION ON INVESTMENT OBJECTIVES AND POLICIES”.

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DFISX - Performance

Return Ranking - Trailing

Period DFISX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -3.1% 7.7% 54.76%
1 Yr 14.3% 1.8% 24.4% 55.95%
3 Yr 1.5%* -6.9% 6.2% 29.11%
5 Yr 6.8%* 2.2% 9.8% 31.58%
10 Yr 4.9%* 2.3% 6.7% 32.61%

* Annualized

Return Ranking - Calendar

Period DFISX Return Category Return Low Category Return High Rank in Category (%)
2023 10.8% 1.1% 25.3% 73.81%
2022 -20.0% -35.4% -13.9% 25.61%
2021 7.4% -5.3% 14.4% 39.24%
2020 7.3% 3.1% 21.2% 63.29%
2019 18.6% 13.1% 25.4% 59.72%

Total Return Ranking - Trailing

Period DFISX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -3.1% 7.7% 54.76%
1 Yr 14.3% 1.8% 24.4% 55.95%
3 Yr 1.5%* -6.9% 6.2% 29.11%
5 Yr 6.8%* 2.2% 9.8% 31.58%
10 Yr 4.9%* 2.3% 6.7% 32.61%

* Annualized

Total Return Ranking - Calendar

Period DFISX Return Category Return Low Category Return High Rank in Category (%)
2023 14.4% 2.5% 25.8% 52.38%
2022 -17.1% -35.4% -10.9% 17.07%
2021 14.2% 7.7% 18.9% 18.99%
2020 9.3% 3.5% 21.7% 67.09%
2019 24.2% 16.9% 32.7% 38.89%

NAV & Total Return History


DFISX - Holdings

Concentration Analysis

DFISX Category Low Category High DFISX % Rank
Net Assets 11.4 B 6.5 M 10.3 B 1.19%
Number of Holdings 7 2 4647 98.81%
Net Assets in Top 10 10 B 1.08 M 10 B 1.19%
Weighting of Top 10 99.94% 0.2% 100.0% 2.38%

Top 10 Holdings

  1. THE CONTINENTAL SMALL COMPANY SERIES 39.59%
  2. THE JAPANESE SMALL COMPANY SERIES 25.56%
  3. THE UNITED KINGDOM SMALL COMPANY SERIES 12.25%
  4. THE CANADIAN SMALL COMPANY SERIES 11.32%
  5. THE ASIA PACIFIC SMALL COMPANY SERIES 10.32%
  6. State Street Institutional US Government Money Market Fund 0.92%
  7. Future -0.02%

Asset Allocation

Weighting Return Low Return High DFISX % Rank
Stocks
99.04% 0.98% 99.40% 7.14%
Cash
0.97% 0.00% 99.02% 71.43%
Preferred Stocks
0.00% 0.00% 2.90% 94.05%
Convertible Bonds
0.00% 0.00% 0.00% 85.54%
Bonds
0.00% 0.00% 0.35% 88.10%
Other
-0.02% -0.08% 52.74% 85.71%

Stock Sector Breakdown

Weighting Return Low Return High DFISX % Rank
Industrials
24.14% 12.46% 32.63% 32.53%
Financial Services
13.25% 2.16% 21.69% 28.92%
Consumer Cyclical
12.55% 9.23% 27.42% 45.78%
Basic Materials
11.68% 0.00% 13.14% 19.28%
Technology
10.64% 0.00% 22.43% 86.75%
Consumer Defense
5.94% 2.29% 13.66% 44.58%
Energy
5.41% 0.00% 12.34% 21.69%
Healthcare
4.82% 0.00% 18.67% 93.98%
Real Estate
4.44% 0.00% 12.22% 79.52%
Utilities
3.88% 0.00% 4.57% 21.69%
Communication Services
3.25% 1.47% 14.57% 69.88%

Stock Geographic Breakdown

Weighting Return Low Return High DFISX % Rank
US
99.04% 0.00% 99.04% 1.19%
Non US
0.00% 0.00% 99.37% 98.81%

DFISX - Expenses

Operational Fees

DFISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.39% 0.08% 2.84% 92.86%
Management Fee 0.25% 0.05% 1.03% 9.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% 12.50%

Sales Fees

DFISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.00% N/A

Trading Fees

DFISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DFISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 1.00% 185.00% 29.49%

DFISX - Distributions

Dividend Yield Analysis

DFISX Category Low Category High DFISX % Rank
Dividend Yield 4.38% 0.00% 3.83% 8.33%

Dividend Distribution Analysis

DFISX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

DFISX Category Low Category High DFISX % Rank
Net Income Ratio 1.90% 0.03% 2.41% 14.46%

Capital Gain Distribution Analysis

DFISX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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DFISX - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

Feb 28, 2010

12.26

12.3%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

Bhanu Singh


Start Date

Tenure

Tenure Rank

Jul 21, 2015

6.87

6.9%

Bhanu P. Singh is Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Singh joined Dimensional originally in 2003 and has been a portfolio manager since 2012. Mr. Singh has an M.B.A. from the University of Chicago Booth School of Business and a B.A. from the University of California, Los Angeles.

Arun Keswani


Start Date

Tenure

Tenure Rank

Jul 21, 2015

6.87

6.9%

Mr. Keswani is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Keswani joined Dimensional in 2011 and has been a portfolio manager since 2013. Mr. Keswani holds an MBA from the Massachusetts Institute of Technology Sloan School of Management, an MS from Pennsylvania State University, and a BS from Purdue University.

Joel Schneider


Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

Mr. Schneider is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Schneider holds an MBA from the University of Chicago Booth School of Business, an MS from the University of Minnesota, and a BS from Iowa State University. Mr. Schneider joined Dimensional in 2011, has been a portfolio manager since 2013.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 21.76 7.58 18.43