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Trending ETFs

Name

As of 03/15/2024

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

$31.66

$11.7 B

1.56%

$0.49

0.30%

Vitals

YTD Return

-0.7%

1 yr return

23.4%

3 Yr Avg Return

7.2%

5 Yr Avg Return

11.5%

Net Assets

$11.7 B

Holdings in Top 10

20.1%

52 WEEK LOW AND HIGH

$31.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 13.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/15/2024

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

$31.66

$11.7 B

1.56%

$0.49

0.30%

DFFVX - Profile

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return 7.2%
  • 5 Yr Annualized Total Return 11.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.65%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    U.S. Targeted Value Portfolio
  • Fund Family Name
    Dimensional Fund Advisors
  • Inception Date
    Nov 13, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

To achieve the U.S. Targeted Value Portfolio’s investment objective, Dimensional Fund Advisors LP (the “Advisor”) implements an integrated investment approach that combines research, portfolio design, portfolio management,

and trading functions. As further described below, the Portfolio’s design emphasizes 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 U.S. Targeted Value Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of the readily marketable securities of U.S. small and mid-cap companies that the Advisor determines to be value stocks with higher profitability. 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 the Portfolio than companies with relatively lower market capitalizations. The Portfolio may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the small-and mid-cap value segment of the U.S. market. 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 U.S. Targeted Value Portfolio will invest at least 80% of its net assets in securities of U.S. companies. As of the date of this Prospectus, the Advisor considers for investment companies whose market capitalizations are generally smaller than the 500th largest U.S. company. As of December 31, 2023, companies smaller than the 500th largest U.S. company fall in the lowest 13% of total U.S. market capitalization. Total market capitalization is based on the market capitalization of eligible U.S. operating companies listed on a securities exchange in the United States that is deemed appropriate by the Advisor. Based on market capitalization data as of December 31, 2023, the market capitalization of a company smaller than the 500th largest U.S. company would be below $12,890 million. This threshold will change due to market conditions.

The Advisor may also increase or reduce the U.S. Targeted Value Portfolio’s 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 U.S. Targeted Value Portfolio may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

The U.S. Targeted Value Portfolio may lend its portfolio securities to generate additional income.

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DFFVX - Performance

Return Ranking - Trailing

Period DFFVX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -10.6% 8.5% 61.23%
1 Yr 23.4% -0.2% 40.6% 21.37%
3 Yr 7.2%* -14.5% 67.2% 9.49%
5 Yr 11.5%* -3.6% 48.1% 9.70%
10 Yr 8.2%* -4.0% 25.8% 14.29%

* Annualized

Return Ranking - Calendar

Period DFFVX Return Category Return Low Category Return High Rank in Category (%)
2023 16.4% -18.4% 33.6% 18.20%
2022 -9.3% -36.7% 212.9% 14.77%
2021 28.0% -62.0% 147.6% 23.04%
2020 1.8% -24.8% 31.3% 54.01%
2019 16.9% -30.1% 34.0% 63.95%

Total Return Ranking - Trailing

Period DFFVX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -10.6% 8.5% 61.23%
1 Yr 23.4% -0.2% 40.6% 21.37%
3 Yr 7.2%* -14.5% 67.2% 9.49%
5 Yr 11.5%* -3.6% 48.1% 9.70%
10 Yr 8.2%* -4.0% 25.8% 14.29%

* Annualized

Total Return Ranking - Calendar

Period DFFVX Return Category Return Low Category Return High Rank in Category (%)
2023 19.3% -15.5% 35.4% 24.12%
2022 -4.6% -36.7% 250.0% 12.98%
2021 38.8% -3.2% 157.9% 8.76%
2020 3.8% -13.5% 33.4% 45.99%
2019 21.5% -17.4% 34.3% 55.31%

NAV & Total Return History


DFFVX - Holdings

Concentration Analysis

DFFVX Category Low Category High DFFVX % Rank
Net Assets 11.7 B 2.53 M 46.3 B 1.52%
Number of Holdings 1401 10 1583 2.61%
Net Assets in Top 10 2.22 B 217 K 2.97 B 3.04%
Weighting of Top 10 20.12% 0.3% 88.4% 52.29%

Top 10 Holdings

  1. DFA Short Term Investment Fund 7.64%
  2. DFA Investment Trust Co. 6.88%
  3. State Street Institutional US Government Money Market Fund 0.89%
  4. Toll Brothers, Inc. 0.76%
  5. HF Sinclair Corp. 0.73%
  6. Unum Group 0.69%
  7. Range Resources Corp. 0.68%
  8. Penske Automotive Group, Inc. 0.64%
  9. Arrow Electronics, Inc. 0.62%
  10. Knight-Swift Transportation Holdings, Inc. 0.61%

Asset Allocation

Weighting Return Low Return High DFFVX % Rank
Stocks
105.89% 0.99% 105.89% 0.22%
Cash
8.53% 0.00% 99.01% 11.09%
Preferred Stocks
0.04% 0.00% 2.62% 3.48%
Convertible Bonds
0.00% 0.00% 2.63% 65.42%
Bonds
0.00% 0.00% 73.18% 66.30%
Other
0.00% -1.78% 40.01% 92.39%

Stock Sector Breakdown

Weighting Return Low Return High DFFVX % Rank
Financial Services
26.46% 0.00% 35.71% 25.56%
Industrials
17.34% 0.65% 48.61% 47.11%
Consumer Cyclical
12.71% 0.00% 51.62% 40.67%
Energy
9.76% 0.00% 29.42% 28.44%
Technology
9.66% 0.00% 34.03% 43.33%
Basic Materials
9.41% 0.00% 67.30% 9.11%
Consumer Defense
5.80% 0.00% 13.22% 19.56%
Healthcare
4.77% 0.00% 25.76% 68.22%
Communication Services
2.64% 0.00% 24.90% 48.22%
Real Estate
0.92% 0.00% 44.41% 92.44%
Utilities
0.54% 0.00% 13.86% 75.11%

Stock Geographic Breakdown

Weighting Return Low Return High DFFVX % Rank
US
105.89% 0.96% 105.89% 0.22%
Non US
0.00% 0.00% 67.90% 75.43%

DFFVX - Expenses

Operational Fees

DFFVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.05% 37.04% 96.52%
Management Fee 0.27% 0.00% 1.50% 3.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% 98.67%

Sales Fees

DFFVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DFFVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

DFFVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 7.00% 252.00% 2.49%

DFFVX - Distributions

Dividend Yield Analysis

DFFVX Category Low Category High DFFVX % Rank
Dividend Yield 1.56% 0.00% 14.60% 41.52%

Dividend Distribution Analysis

DFFVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annual

Net Income Ratio Analysis

DFFVX Category Low Category High DFFVX % Rank
Net Income Ratio 1.65% -1.43% 4.13% 4.22%

Capital Gain Distribution Analysis

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

Distributions History

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DFFVX - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

Feb 28, 2012

10.26

10.3%

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.

Joel Schneider


Start Date

Tenure

Tenure Rank

Jul 21, 2015

6.87

6.9%

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.

Marc Leblond


Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

Mr. Leblond is a Senior Portfolio Manager and Vice President of Dimensional. He joined Dimensional in 2015. Prior to joining Dimensional, Mr. Leblond was an associate at Duchossois Capital Management from June to December 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.45 8.17 3.58