U.S. Small Cap Growth Portfolio
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
21.9%
1 yr return
42.1%
3 Yr Avg Return
5.6%
5 Yr Avg Return
13.5%
Net Assets
$1.34 B
Holdings in Top 10
21.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DSCGX - Profile
Distributions
- YTD Total Return 21.9%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 13.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.64%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameU.S. Small Cap Growth Portfolio
-
Fund Family NameDimensional Funds
-
Inception DateDec 20, 2012
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJed Fogdall
Fund Description
To achieve the U.S. Small Cap Growth 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. Small Cap Growth Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of readily marketable securities of U.S. small cap companies that the Advisor determines to have high profitability and high relative prices compared to other U.S. small cap companies at the time of purchase.
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. Securities are considered higher relative price (growth) stocks primarily because a company’s shares have a high price in relation to their book value (a “price to book ratio”) when compared with other U.S. small cap companies. 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-cap growth segment of the U.S. market. 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. Small Cap Growth Portfolio will invest at least 80% of its net assets in securities of small cap U.S. companies. As of the date of this Prospectus, for purposes of the Portfolio, the Advisor considers small cap companies to be companies whose market capitalizations are generally in the lowest 10% of total market capitalization or companies whose market capitalizations are smaller than the 1,000th largest U.S. company, whichever results in the higher market capitalization break. 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. Under the Advisor’s market capitalization guidelines described above, based on market capitalization data as of December 31, 2023, the market capitalization of a small cap company would be below $9,960 million. This threshold will change due to market conditions.
The Advisor may also increase or reduce the U.S. Small Cap Growth 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. Small Cap Growth 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. Small Cap Growth Portfolio may lend its portfolio securities to generate additional income.
DSCGX - Performance
Return Ranking - Trailing
Period | DSCGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.9% | 1.5% | 89.5% | 33.76% |
1 Yr | 42.1% | 15.5% | 87.3% | 47.45% |
3 Yr | 5.6%* | -20.6% | 57.0% | 3.15% |
5 Yr | 13.5%* | -2.9% | 47.1% | 12.40% |
10 Yr | 10.7%* | 1.8% | 24.8% | 25.64% |
* Annualized
Return Ranking - Calendar
Period | DSCGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.3% | -20.5% | 54.6% | 16.30% |
2022 | -20.9% | -82.1% | 32.2% | 7.22% |
2021 | 16.6% | -90.6% | 300.1% | 5.61% |
2020 | 18.4% | -63.0% | 127.9% | 84.30% |
2019 | 24.5% | -7.7% | 42.9% | 38.45% |
Total Return Ranking - Trailing
Period | DSCGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.9% | 1.5% | 89.5% | 33.76% |
1 Yr | 42.1% | 15.5% | 87.3% | 47.45% |
3 Yr | 5.6%* | -20.6% | 57.0% | 3.15% |
5 Yr | 13.5%* | -2.9% | 47.1% | 12.40% |
10 Yr | 10.7%* | 1.8% | 24.8% | 25.64% |
* Annualized
Total Return Ranking - Calendar
Period | DSCGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.2% | -19.0% | 136.8% | 15.20% |
2022 | -17.8% | -59.9% | 44.3% | 7.22% |
2021 | 25.9% | -22.7% | 411.9% | 6.36% |
2020 | 19.3% | 1.5% | 150.8% | 92.83% |
2019 | 26.2% | 5.5% | 55.3% | 66.33% |
NAV & Total Return History
DSCGX - Holdings
Concentration Analysis
DSCGX | Category Low | Category High | DSCGX % Rank | |
---|---|---|---|---|
Net Assets | 1.34 B | 214 K | 34.3 B | 36.86% |
Number of Holdings | 579 | 7 | 1226 | 3.83% |
Net Assets in Top 10 | 282 M | 53.8 K | 3.24 B | 41.97% |
Weighting of Top 10 | 21.11% | 7.5% | 100.0% | 57.77% |
Top 10 Holdings
- DFA Investment Trust Co. 8.15%
- DFA Short Term Investment Fund 7.86%
- Sprouts Farmers Market, Inc. 0.88%
- Eagle Materials, Inc. 0.68%
- Louisiana-Pacific Corp. 0.62%
- Graphic Packaging Holding Co. 0.62%
- Allison Transmission Holdings, Inc. 0.59%
- Simpson Manufacturing Co., Inc. 0.59%
- Installed Building Products, Inc. 0.57%
- Applied Industrial Technologies, Inc. 0.56%
Asset Allocation
Weighting | Return Low | Return High | DSCGX % Rank | |
---|---|---|---|---|
Stocks | 107.62% | 85.75% | 107.62% | 0.18% |
Cash | 8.37% | 0.00% | 28.78% | 6.20% |
Other | 0.01% | -0.26% | 6.70% | 31.39% |
Preferred Stocks | 0.00% | 0.00% | 4.63% | 13.50% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 17.88% |
Bonds | 0.00% | 0.00% | 3.83% | 19.16% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DSCGX % Rank | |
---|---|---|---|---|
Industrials | 25.21% | 0.00% | 36.64% | 5.29% |
Consumer Cyclical | 18.26% | 0.00% | 24.04% | 5.66% |
Technology | 17.39% | 2.91% | 75.51% | 85.22% |
Healthcare | 13.05% | 0.00% | 47.90% | 91.61% |
Financial Services | 7.14% | 0.00% | 42.95% | 46.53% |
Consumer Defense | 5.79% | 0.00% | 13.56% | 19.16% |
Basic Materials | 5.20% | 0.00% | 9.24% | 8.76% |
Communication Services | 3.57% | 0.00% | 15.31% | 26.64% |
Energy | 3.46% | 0.00% | 55.49% | 36.31% |
Real Estate | 0.91% | 0.00% | 15.31% | 64.96% |
Utilities | 0.03% | 0.00% | 5.57% | 32.12% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DSCGX % Rank | |
---|---|---|---|---|
US | 107.62% | 17.30% | 107.62% | 0.18% |
Non US | 0.00% | 0.00% | 77.12% | 36.68% |
DSCGX - Expenses
Operational Fees
DSCGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.32% | 0.05% | 23.20% | 97.44% |
Management Fee | 0.28% | 0.05% | 1.62% | 4.02% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | 0.91% |
Sales Fees
DSCGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DSCGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
DSCGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 3.00% | 264.00% | 20.83% |
DSCGX - Distributions
Dividend Yield Analysis
DSCGX | Category Low | Category High | DSCGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.58% | 0.00% | 6.91% | 8.76% |
Dividend Distribution Analysis
DSCGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
DSCGX | Category Low | Category High | DSCGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.64% | -2.47% | 1.10% | 2.21% |
Capital Gain Distribution Analysis
DSCGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.044 | OrdinaryDividend |
Mar 27, 2024 | $0.041 | OrdinaryDividend |
Dec 13, 2023 | $0.060 | OrdinaryDividend |
Sep 28, 2023 | $0.038 | OrdinaryDividend |
Jun 29, 2023 | $0.043 | OrdinaryDividend |
Mar 30, 2023 | $0.043 | OrdinaryDividend |
Dec 14, 2022 | $0.749 | OrdinaryDividend |
Sep 29, 2022 | $0.043 | OrdinaryDividend |
Jun 29, 2022 | $0.037 | OrdinaryDividend |
Mar 30, 2022 | $0.034 | OrdinaryDividend |
Dec 15, 2021 | $1.996 | OrdinaryDividend |
Sep 29, 2021 | $0.055 | OrdinaryDividend |
Jun 29, 2021 | $0.024 | OrdinaryDividend |
Mar 30, 2021 | $0.017 | OrdinaryDividend |
Dec 16, 2020 | $0.052 | OrdinaryDividend |
Sep 29, 2020 | $0.019 | OrdinaryDividend |
Jun 29, 2020 | $0.023 | OrdinaryDividend |
Mar 30, 2020 | $0.038 | OrdinaryDividend |
Dec 17, 2019 | $0.044 | OrdinaryDividend |
Dec 17, 2019 | $0.104 | CapitalGainLongTerm |
Sep 27, 2019 | $0.030 | OrdinaryDividend |
Jun 27, 2019 | $0.037 | OrdinaryDividend |
Mar 28, 2019 | $0.033 | OrdinaryDividend |
Dec 18, 2018 | $0.045 | OrdinaryDividend |
Dec 18, 2018 | $0.691 | CapitalGainLongTerm |
Sep 27, 2018 | $0.037 | OrdinaryDividend |
Jun 28, 2018 | $0.038 | OrdinaryDividend |
Mar 28, 2018 | $0.033 | OrdinaryDividend |
Dec 15, 2017 | $0.037 | OrdinaryDividend |
Dec 15, 2017 | $0.184 | CapitalGainLongTerm |
Sep 28, 2017 | $0.030 | OrdinaryDividend |
Jun 29, 2017 | $0.034 | OrdinaryDividend |
Mar 30, 2017 | $0.033 | OrdinaryDividend |
Dec 15, 2016 | $0.041 | OrdinaryDividend |
Dec 15, 2016 | $0.085 | CapitalGainLongTerm |
Sep 29, 2016 | $0.034 | OrdinaryDividend |
Jun 29, 2016 | $0.029 | OrdinaryDividend |
Mar 30, 2016 | $0.034 | OrdinaryDividend |
Dec 16, 2015 | $0.041 | OrdinaryDividend |
Dec 16, 2015 | $0.007 | CapitalGainShortTerm |
Dec 16, 2015 | $0.096 | CapitalGainLongTerm |
Sep 09, 2015 | $0.022 | OrdinaryDividend |
Jun 08, 2015 | $0.025 | OrdinaryDividend |
Mar 09, 2015 | $0.022 | OrdinaryDividend |
Dec 16, 2014 | $0.033 | OrdinaryDividend |
Dec 16, 2014 | $0.071 | CapitalGainLongTerm |
Sep 09, 2014 | $0.019 | OrdinaryDividend |
Jun 09, 2014 | $0.022 | OrdinaryDividend |
Mar 10, 2014 | $0.018 | OrdinaryDividend |
Dec 12, 2013 | $0.032 | OrdinaryDividend |
Dec 12, 2013 | $0.097 | CapitalGainShortTerm |
Dec 12, 2013 | $0.002 | CapitalGainLongTerm |
Sep 10, 2013 | $0.025 | OrdinaryDividend |
Jun 10, 2013 | $0.013 | OrdinaryDividend |
DSCGX - Fund Manager Analysis
Managers
Jed Fogdall
Start Date
Tenure
Tenure Rank
Dec 20, 2012
9.45
9.5%
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
Feb 28, 2017
5.25
5.3%
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.
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 | 30.44 | 9.12 | 5.25 |