Dimensional Investment NCSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number		811-6067

DIMENSIONAL INVESTMENT GROUP INC.
(Exact name of registrant as specified in charter)

1299 Ocean Avenue, Santa Monica, CA				90401
(Address of principal executive offices)				(Zip code)

Catherine L. Newell, Esquire, Vice President and Secretary Dimensional Investment Group Inc., 1299 Ocean Avenue, Santa Monica, CA 90401
(Name and address of agent for service)

Registrant’s telephone number, including area code:			310-395-8005

Date of fiscal year end:	November 30

Date of reporting period:	December 1, 2007 - May 31, 2008

ITEM 1. REPORTS TO STOCKHOLDERS.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Company Institutional Index Portfolio

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional Fund Advisors strives to deliver the performance of capital markets and add value through portfolio design and trading. The firm departs from the rules and rigidity of traditional indexing and avoids the cost-generating activity of stock picking and market timing. Instead, we focus on the dimensions of capital markets that reward investors and we deliver them as intelligently and effectively as possible.

A look through our semi-annual reports gives you a sense of our strategy line. As daunting as this variety may seem, all the strategies are easily understood if you look at the simple dimensions that drive returns. Financial science has documented that, over the long term, small cap stocks outperform large cap stocks, and value stocks outperform growth stocks. These returns seem to be compensation for risk. In fixed income, risk is well described by bond maturity and credit quality. Dimensional's vehicles deliberately target specific risk and return tradeoffs. They are diversified and painstakingly designed to work together in your total investment plan.

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

Dimensional strives to offer investors reliable access to the return dimensions that are available across all markets, both domestic and international. From single-country small cap strategies launched early in its history, the firm has evolved into a provider of globally diversified investment solutions across size and price ranges in developed and emerging markets. Our goal is to consistently target the returns in these markets by structuring broadly diversified strategies across forty approved countries. Our lineup of strategies encompasses most major global asset classes, including real estate and fixed income.

The work is never complete, however, and Dimensional will continue to research solutions to address your future needs. We invite you to explore our website, www.dimensional.com, to learn more about the concepts and strategies of Dimensional investing.

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 these 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. Dimensional funds are distributed by DFA Securities Inc.

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

	Page
Dimensional Investing

Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — U.S. Large Company Institutional Index Portfolio

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The U.S. Large Company Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		17

Statement of Operations		18

Statements of Changes in Net Assets		19

Financial Highlights		20

Notes to Financial Statements		21

Voting Proxies on Fund Portfolio Securities		26

Board Approval of Investment Advisory Agreement		27

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

** Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. "Other Securities" are those securities that are not among the top 50 holdings of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

REITs Real Estate Investment Trusts

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The following Expense Table is shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses, legal and audit services, which are deducted from a fund's gross income, directly reduce the investment return of the fund. A fund's expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs, in dollars, of investing in the fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

This section helps you to estimate the actual expenses after fee waivers that you paid over the period. The "Ending Account Value" shown is derived from the fund's actual return and "Expenses Paid During Period" reflect the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, a $7,500 account value divided by $1,000 = 7.5), then multiply the result by the number given for your fund under the heading "Expenses Paid During Period."

Hypothetical Example for Comparison Purposes

This section is intended to help you compare your fund's costs with those of other mutual funds. The hypothetical "Ending Account Value" and "Expenses Paid During Period" are derived from the fund's actual expense ratio and an assumed 5% annual return before expenses. In this case, because the return used is not the fund's actual return, the results do not apply to your investment. The example is useful in making comparisons because the SEC requires all mutual funds to calculate expenses based on a 5% annual return. You can assess your fund's cost by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Please note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, if applicable. The "Annualized Expense Ratio" represents the actual expenses for the six-month period indicated.

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	955.90		0.10	%	$	0.49
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.50		0.10	%	$	0.51

* Expenses are equal to the fund's annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (183), then divided by the number of days in the year (366) to reflect the six-month period. The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For Dimensional Investment Group Inc., this would be for the fiscal quarters ending February 28 (February 29 during leap year) and August 31. The Form N-Q filing must be made within 60 days of the end of the quarter. Dimensional Investment Group Inc. filed its most recent Form N-Q with the SEC on April 29, 2008. It is available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

The SEC requires that all Funds present their categories of portfolio holdings in a table, chart or graph format in their annual and semi-annual shareholder reports, whether or not a Schedule of Investments is utilized. The following table, which presents portfolio holdings as a percent of total investments before short-term investments and collateral for loaned securities, is provided in compliance with such requirement.

The categories of industry classification for the Affiliated Investment Company are represented in the Disclosure of Portfolio Holdings, which are included elsewhere within the report. Refer to the Summary Schedule of Portfolio Holdings for the underlying Master Fund's holdings which reflect the investments by category.

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Company Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value†	$	1,015,118
Receivables:
Affiliated Investment Company		229
Fund Shares Sold		473
Prepaid Expenses and Other Assets		38
Total Assets		1,015,858
LIABILITIES:
Payables:
Fund Shares Redeemed		702
Due to Advisor		35
Accrued Expenses and Other Liabilities		72
Total Liabilities		809
NET ASSETS	$	1,015,049
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		92,288,495
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.00
Investment at Cost	$	775,012
NET ASSETS CONSIST OF:
Paid-In Capital	$	873,609
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		4,602
Accumulated Net Realized Gain (Loss)		(103,268	)
Net Unrealized Appreciation (Depreciation)		240,106
NET ASSETS	$	1,015,049
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	9,870
Interest		296
Income from Securities Lending		115
Expenses Allocated from Affiliated Investment Company		(210	)
Total Investment Income		10,071
Expenses
Administrative Services Fees		243
Accounting & Transfer Agent Fees		13
Filing Fees		20
Shareholders' Reports		31
Directors'/Trustees' Fees & Expenses		3
Legal Fees		9
Audit Fees		2
Other		1
Total Expenses		322
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		(47	)
Net Expenses		275
Net Investment Income (Loss)		9,796
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(2,039	)
Futures		(1,665	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(49,622	)
Futures		203
Net Realized and Unrealized Gain (Loss)		(53,123	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(43,327	)

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	9,796		$	18,174
Net Realized Gain (Loss) on:
Investment Securities Sold		(2,039	)		2,354
Futures		(1,665	)		441
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(49,622	)		48,691
Futures		203			(119	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(43,327	)		69,541
Distributions From:
Net Investment Income		(10,055	)		(17,347	)
Total Distributions		(10,055	)		(17,347	)
Capital Share Transactions (1):
Shares Issued		127,735			178,336
Shares Issued in Lieu of Cash Distributions		9,996			16,995
Shares Redeemed		(71,442	)		(122,788	)
Net Increase (Decrease) from Capital Share Transactions		66,289			72,543
Total Increase (Decrease) in Net Assets		12,907			124,737
Net Assets
Beginning of Period		1,002,142			877,405
End of Period	$	1,015,049		$	1,002,142
(1) Shares Issued and Redeemed:
Shares Issued		11,818			15,525
Shares Issued in Lieu of Cash Distributions		924			1,500
Shares Redeemed		(6,592	)		(10,622	)
		6,150			6,403
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	4,602		$	4,861

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.63		$	11.00		$	9.82		$	9.23		$	8.32		$	7.36
Income from Investment Operations
Net Investment Income (Loss)		0.11	(A)		0.22	(A)		0.19	(A)		0.17			0.17			0.13
Net Gains (Losses) (Realized and Unrealized)		(0.62	)		0.62			1.18			0.61			0.88			0.95
Total from Investment Operations		(0.51	)		0.84			1.37			0.78			1.05			1.08
Less Distributions
Net Investment Income		(0.12	)		(0.21	)		(0.19	)		(0.19	)		(0.14	)		(0.12	)
Total Distributions		(0.12	)		(0.21	)		(0.19	)		(0.19	)		(0.14	)		(0.12	)
Net Asset Value, End of Period	$	11.00		$	11.63		$	11.00		$	9.82		$	9.23		$	8.32
Total Return		(4.41	)%(C)		7.71	%		14.11	%		8.50	%		12.66	%		14.94	%
Net Assets, End of Period (thousands)	$	1,015,049		$	1,002,142		$	877,405		$	692,595		$	534,285		$	398,955
Ratio of Expenses to Average Net Assets (D)		0.10	%(B)		0.10	%		0.10	%		0.10	%		0.10	%		0.11	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.11	%(B)		0.11	%		0.11	%		0.14	%		0.15	%		0.16	%
Ratio of Net Investment Income to Average Net Assets		2.02	%(B)		1.90	%		1.90	%		1.82	%		1.96	%		1.69	%

See Page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the U.S. Large Company Institutional lndex Portfolio (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The U.S. Large Company Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 21% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: The Portfolio's investment reflects its proportionate interest in the net assets of the Series.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

In September 2006, the Financial Accounting Standards Board issued FAS 157 effective for fiscal years beginning after November 15, 2007. This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. The Funds have adopted FAS 157 as of December 1, 2007. The three levels of the fair value hierarchy under FAS 157 are described below:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Portfolio's net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
U.S. Large Company Institutional Index Portfolio	$	1,015,118		—		—	$	1,015,118

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $20 (in thousands).

Each Director has the option to receive their distribution of proceeds in one of the following methods upon one year's notice: lump sum; annual installments over a period of agreed upon years; or semi-annual installments over a period of agreed upon years. As of May 31, 2008, none of the Directors have requested distribution of proceeds.

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities and futures from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of distributions received that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Bo ard of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Pursuant to the Fee Waiver and Expense Assumption Agreement for the Portfolio, the Advisor has contractually agreed to waive its administration fee to the extent necessary to reduce the Portfolio's expenses to the extent that its total direct and indirect expenses (including the expenses the Portfolio bears as a shareholder of the Series) exceed 0.10% of its average daily net assets on an annualized basis. At any time that the total direct and indirect expenses of the Portfolio are less than 0.10% of its average daily net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived to the extent that such recovery will not cause the Portfolio's total direct and indirect expenses to exceed 0.10% of its average daily net assets on an annualized basis. The Portfolio is not obligated to reimburse the Advisor for fees waived by the Advisor more than thirty-six months before the date of such recovery. The Fee Waiver and Expense Assumption Agreement will remain in effect for a period of one year from April 1, 2008 to April 1, 2009, and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. At May 31, 2008, approximately $359 (in thousands) of previously waived fees are subject to future recovery by the Advisor over various periods not exceeding May 31, 2011.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended May 31, 2008, the total related amounts paid by the Fund to the CCO were $14 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	13,807		��	$	13,807
2007		17,347		—		17,347

As of November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Capital Loss Carryforwards				Total Net Distributable Earnings/ (Accumulated Losses)
$	4,882			$	(83,699	)		$	(78,817	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had capital loss carryforward available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

Expires on November 30,
2009		2010		2011		2012		2013		2014		Total
$	51,235	$	14,821	$	13,997		—	$	1,702	$	1,944	$	83,699

During the year ended November 30, 2007 the Portfolio utilized $1,217 (in thousands) in capital loss carryforwards to offset realized capital gains for federal income tax purposes.

At May 31, 2008, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	792,234			$	247,473			$	(24,589	)		$	222,884

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolio's tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended

May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolio's financial statements.

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties which provide general indemnification. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

G. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Portfolio's financial statements has not been determined.

H. Other:

At May 31, 2008, two shareholders held approximately 93% of the outstanding shares of the Portfolio. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	955.60		0.04	%	$	0.20
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.80		0.04	%	$	0.20

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For The DFA Investment Trust Company, this would be for the fiscal quarters ending February 28 (February 29 during leap year) and August 31. The Form N-Q filing must be made within 60 days of the end of the quarter. The DFA Investment Trust Company filed its most recent Form N-Q with the SEC on April 29, 2008. It is available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

SEC regulations permit a fund to include in its reports to shareholders a "Summary Schedule of Portfolio Holdings" in lieu of a full Schedule of Investments. The Summary Schedule of Portfolio Holdings reports the fund's 50 largest holdings in unaffiliated issuers and any investments that exceed one percent of the fund's net assets at the end of the reporting period. The amendments also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

The fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				REITs				Telecommunication Services				Utilities				Total
	8.5	%			10.5	%			14.3	%			14.7	%			11.4	%			11.8	%			16.7	%			3.7	%			1.2	%			3.5	%			3.7	%			100.0	%

THE U.S. LARGE COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (90.9%)
Consumer Discretionary — (7.9%)
Comcast Corp. Class A		1,132,895	$	25,490,138		0.5	%
Disney (Walt) Co.		708,475		23,804,760		0.5	%
McDonald's Corp.		433,302		25,703,475		0.6	%
Time Warner, Inc.		1,345,582		21,367,842		0.5	%
Other Securities				303,116,776		6.4	%
Total Consumer Discretionary				399,482,991		8.5	%
Consumer Staples — (9.6%)
Coca-Cola Co.		751,986		43,058,718		0.9	%
CVS Caremark Corp.		538,740		23,052,685		0.5	%
PepsiCo, Inc.		602,668		41,162,224		0.9	%
* Philip Morris International, Inc.		793,242		41,772,124		0.9	%
Procter & Gamble Co.		1,157,901		76,479,361		1.6	%
# Wal-Mart Stores, Inc.		889,011		51,331,495		1.1	%
Other Securities				206,802,616		4.4	%
Total Consumer Staples				483,659,223		10.3	%
Energy — (13.0%)
Chevron Corp.		781,345		77,470,357		1.6	%
ConocoPhillips		587,512		54,697,367		1.2	%
Devon Energy Corp.		167,199		19,385,052		0.4	%
# Exxon Mobil Corp.		2,012,934		178,668,022		3.8	%
Occidental Petroleum Corp.		309,488		28,451,232		0.6	%
Schlumberger, Ltd.		450,634		45,572,616		1.0	%
Other Securities				253,674,583		5.3	%
Total Energy				657,919,229		13.9	%
Financials — (13.4%)
# American Express Co.		434,974		20,161,045		0.4	%
American International Group, Inc.		1,013,369		36,481,284		0.8	%
Bank of America Corp.		1,671,378		56,843,566		1.2	%
Citigroup, Inc.		1,958,865		42,879,555		0.9	%
JPMorgan Chase & Co.		1,277,939		54,951,377		1.2	%
The Goldman Sachs Group, Inc.		148,659		26,224,934		0.6	%
# U.S. Bancorp		650,811		21,600,417		0.5	%
Wells Fargo & Co.		1,240,415		34,198,242		0.7	%
Other Securities				382,533,246		8.0	%
Total Financials				675,873,666		14.3	%
Health Care — (10.4%)
# Abbott Laboratories		581,578		32,771,920		0.7	%
* Gilead Sciences, Inc.		349,484		19,333,455		0.4	%
# Johnson & Johnson		1,065,759		71,128,756		1.5	%
Medtronic, Inc.		422,535		21,409,848		0.5	%
Merck & Co., Inc.		814,685		31,740,128		0.7	%
Pfizer, Inc.		2,543,806		49,248,084		1.0	%
Wyeth		503,407		22,386,509		0.5	%
Other Securities				275,858,369		5.8	%
Total Health Care				523,877,069		11.1	%

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (10.7%)
3M Co.		266,255	$	20,650,738		0.4	%
# Boeing Co.		287,765		23,818,309		0.5	%
# Caterpillar, Inc.		234,771		19,401,475		0.4	%
General Electric Co.		3,757,085		115,417,651		2.4	%
United Parcel Service, Inc.		389,175		27,639,209		0.6	%
United Technologies Corp.		369,292		26,234,504		0.6	%
Other Securities				306,117,747		6.5	%
Total Industrials				539,279,633		11.4	%
Information Technology — (15.0%)
#* Apple, Inc.		330,673		62,414,529		1.3	%
#* Cisco Sytems, Inc.		2,242,810		59,927,883		1.3	%
#* Google, Inc.		87,251		51,111,636		1.1	%
Hewlett-Packard Co.		927,562		43,651,068		0.9	%
Intel Corp.		2,177,721		50,479,573		1.1	%
# International Business Machines Corp.		520,851		67,413,745		1.4	%
Microsoft Corp.		3,011,487		85,285,312		1.8	%
#* Oracle Corp.		1,488,124		33,988,752		0.7	%
# QUALCOMM, Inc.		606,619		29,445,286		0.6	%
Other Securities				273,153,672		5.8	%
Total Information Technology				756,871,456		16.0	%
Materials — (3.4%)
Monsanto Co.		206,179		26,267,205		0.6	%
Other Securities				144,019,925		3.0	%
Total Materials				170,287,130		3.6	%
Real Estate Investment Trusts — (1.1%)
Total Real Estate Investment Trusts				55,531,707		1.2	%
Telecommunication Services — (3.1%)
AT&T, Inc.		2,270,928		90,610,027		1.9	%
Verizon Communications, Inc.		1,080,190		41,554,909		0.9	%
Other Securities				27,669,549		0.6	%
Total Telecommunication Services				159,834,485		3.4	%
Utilities — (3.3%)
# Exelon Corp.		248,781		21,892,728		0.5	%
Other Securities				147,410,943		3.1	%
Total Utilities				169,303,671		3.6	%
TOTAL COMMON STOCKS				4,591,920,260		97.3	%

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (2.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $117,940,000 FHLMC 6.50%, 08/01/37 & FHLMC 6.50%, 09/01/37, valued at $107,679,683) to be repurchased at $106,099,150	$	106,082	$	106,082,000		2.2	%
SECURITIES LENDING COLLATERAL — (7.0%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $584,724,832 FNMA, rates ranging from 3.500% to 9.000%, maturities ranging from 12/01/11 to 06/01/38, valued at $320,747,069) to be repurchased at $311,465,904		311,405		311,404,921		6.6	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $65,100,286 FNMA, rates ranging from 5.000% to 6.000%, maturities ranging from 02/01/18 to 05/01/38, valued at $41,679,949) to be repurchased at $40,471,145		40,464		40,463,524		0.9	%
TOTAL SECURITIES LENDING COLLATERAL				351,868,445		7.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,880,265,093)			$	5,049,870,705		107.0	%

See accompanying Notes to Financial Statements.
16

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands)

ASSETS:
Investments at Value (including $339,733 of securities on loan)	$	4,591,920
Temporary Cash Investments at Value		106,082
Collateral Received from Securities on Loan at Value		351,868
Cash		4,691
Receivables:
Dividends and Interest		8,819
Fund Shares Sold		9,041
Securities Lending Income		104
Fund Margin Variation		164
Prepaid Expenses and Other Assets		24
Total Assets		5,072,713
LIABILITIES:
Payables:
Upon Return of Securities Loaned		351,868
Fund Shares Redeemed		229
Due to Advisor		96
Accrued Expenses and Other Liabilities		246
Total Liabilities		352,439
NET ASSETS	$	4,720,274
Investments at Cost	$	3,422,315
Temporary Cash Investments at Cost	$	106,082
Collateral Received from Securities on Loan at Cost	$	351,868

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	44,525
Interest		1,337
Income from Securities Lending		522
Total Investment Income		46,384
Expenses
Investment Advisory Services Fees		548
Accounting & Transfer Agent Fees		224
S&P 500^® Fees		43
Custodian Fees		32
Shareholders' Reports		25
Directors'/Trustees' Fees & Expenses		5
Legal Fees		28
Audit Fees		29
Other		15
Total Expenses		949
Net Investment Income (Loss)		45,435
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(9,605	)
Futures		(8,462	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(221,944	)
Futures		440
Net Realized and Unrealized Gain (Loss)		(239,571	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(194,136	)

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	45,435		$	94,262
Net Realized Gain (Loss) on:
Investment Securities Sold		(9,605	)		10,206
Futures		(8,462	)		3,585
In-Kind Redemptions		—			529,199	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(221,944	)		(217,829	)
Futures		440			(216	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(194,136	)		419,207
Transactions in Interest:
Contributions		485,710			616,294
Withdrawals		(77,649	)		(1,482,132	)*
Net Increase from Transactions in Interest		408,061			(865,838	)
Total Increase (Decrease) in Net Assets		213,925			(446,631	)
Net Assets
Beginning of Period		4,506,349			4,952,980
End of Period	$	4,720,274		$	4,506,349

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
19

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

FINANCIAL HIGHLIGHTS

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(4.44	)%(C)		7.77	%		14.25	%		8.51	%		12.77	%		15.05	%
Net Assets, End of Period (thousands)	$	4,720,274		$	4,506,349		$	4,952,980		$	4,238,712		$	3,493,919		$	3,000,997
Ratio of Expenses to Average Net Assets		0.04	%(B)		0.04	%		0.04	%		0.05	%		0.05	%		0.05	%
Ratio of Net Investment Income to Average Net Assets		2.07	%(B)		1.96	%		1.95	%		1.87	%		1.99	%		1.75	%
Portfolio Turnover Rate		2	%(C)		13	%*		4	%		6	%		2	%		8	%

See Page 1 for the Definitions of Abbreviations and Footnotes.

* Excluding security sales due to the In-Kind Redemptions, the portfolio turnover rate would have been 5%. See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
20

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one investment portfolios, of which The U.S. Large Company Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Series (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the NYSE.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The U.S. Large Company Series	$	4,591,920	$	457,951		—	$	5,049,871	$	1,622		—		—	$	1,622

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swaps which are valued at the unrealized appreciation/depreciation on the investment.

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $92 (in thousands).

Each Trustee has the option to receive their distribution of proceeds in one of the following methods upon one year's notice: lump sum; annual installments over a period of agreed upon years; or semi-annual installments over a period of agreed upon years. As of May 31, 2008, none of the Trustees have requested distribution of proceeds.

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective intere st method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Series. For the six months ended May 31, 2008, the Series' investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.025% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended May 31, 2008, the total related amounts paid by the Trust to the CCO were $58 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

For the six months ended May 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term securities and U.S. government securities (amounts in thousands):

Purchases				$	440,262
Sales					65,104

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains or losses have been deemed to have been "passed down" to its partners.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	4,056,042			$	1,471,821			$	(477,993	)		$	993,828

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. These instruments and their significant corresponding risks are described below:

1. Repurchase Agreements: The Series may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Trust's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on May 30, 2008.

2. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash with a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

At May 31, 2008, the Series had outstanding 309 long futures contracts of the S&P 500 Index^®, all of which expire on June 20, 2008. The value of such contracts on May 31, 2008 was $108,196 (in thousands), which resulted in an unrealized gain of $1,622 (in thousands). Approximately $4,691 (in thousands) of cash has been segregated as collateral for the open futures contracts and has been accounted for as cash on the Statement of Assets and Liabilities.

Risks may arise upon entering into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no bor rowings by the Series under this line of credit during the six months ended May 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Series under this line of credit during the six months ended May 31, 2008.

H. Securities Lending:

As of May 31, 2008, the Series had securities on loan to brokers/dealers, for which the Series held cash collateral. The Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are required at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. In the event that the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities.

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties which provide general indemnification. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

J. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During year ended ended November 30, 2007, the fund realized $529,199 (in thousands) of net gain.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Trust uses in voting proxies relating to securities held in the portfolio is available without charge, upon request, by calling collect: (310) 395-8005. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC's website at http://www.sec.gov and from the Advisor's website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

At the Board meeting held on December 14, 2007 (the "Meeting"), the Board of Trustees of The DFA Investment Trust Company (the "Board") considered the continuation of the investment management agreement ("Advisory Agreement") for the Series (the "Fund").

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Advisory Agreement. The Independent Board Members met with their independent counsel in advance of the Meeting to discuss the materials provided by the Advisor, the independent reports prepared by Lipper, Inc. (the "Lipper Reports"), and issues related to the continuation of the Advisory Agreement. Also in advance of the Meeting, management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Lipper Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of the Advisory Agreement for the Fund, including: (i) the nature, extent and quality of services provided by the Advisor to the Fund; (ii) the performance of the Fund and the Advisor; (iii) the fees and expenses borne by the Fund; (iv) the profitability realized by the Advisor from the relationship with the Fund; (v) whether economies of scale are realized by the Advisor with respect to the Fund as it grows larger, and the extent to which this is reflected in the level of the advisory fee charged; (vi) comparisons of the services to be rendered and the amounts to be paid under other advisory contracts; and (vii) any benefits to be derived by the Advisor from its relationship with the Fund.

When considering the nature and quality of the services provided by the Advisor to the Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's investment advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment management services provided by the Advisor. After analyzing the caliber of services provided by the Advisor to the Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to the Fund were consistent with the operational requirements of the Fund and met the needs of the shareh olders of the Fund.

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

When considering the fees and expenses borne by the Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Lipper Reports. The Board concluded that the advisory fees and total expenses of the Fund over various periods were favorable in relation to its peer funds, and that the advisory fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large. The Board also noted that significant reductions in the Fund's non-management fees charged by the Fund's administrator and transfer agent have been negotiated by management over the course of the last two years.

The Board considered the profitability of the Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to the Fund, including administrative fees paid by the feeder portfolios. The Board considered the profitability to the Advisor of managing the Fund and other "non-1940 Act registered" investment vehicles. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable.

The Board also discussed whether economies of scale are realized by the Advisor with respect to the Fund as it grows larger, and the extent to which this is reflected in the level of advisory fee charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of advisory fee charged were inapplicable to the Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Advisory Agreement for the Fund was in the best interests of the Fund and its shareholders.

DFA053108-006S

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

Dimensional Investing	Page
Definitions of Abbreviations and Footnotes		1

DFA Investment Dimensions Group Inc.

Disclosure of Fund Expenses		3

Disclosure of Portfolio Holdings		9

Schedules of Investments/Summary Schedules of Portfolio Holdings

U.S. Large Company Portfolio		11

Enhanced U.S. Large Company Portfolio		11

U.S. Large Cap Value Portfolio		11

U.S. Targeted Value Portfolio		12

U.S. Small Cap Value Portfolio		14

U.S. Core Equity 1 Portfolio		15

U.S. Core Equity 2 Portfolio		17

U.S. Vector Equity Portfolio		20

T.A. U.S. Core Equity 2 Portfolio		22

U.S. Small Cap Portfolio		24

U.S. Micro Cap Portfolio		24

DFA Real Estate Securities Portfolio		25

Large Cap International Portfolio		27

International Core Equity Portfolio		31

T.A. World ex U.S. Core Equity Portfolio		35

International Small Company Portfolio		39

Japanese Small Company Portfolio		40

Asia Pacific Small Company Portfolio		40

United Kingdom Small Company Portfolio		40

Continental Small Company Portfolio		40

DFA International Real Estate Securities Portfolio		41

DFA International Small Cap Value Portfolio		44

Emerging Markets Portfolio		48

Emerging Markets Small Cap Portfolio		48

Emerging Markets Core Equity Portfolio		49

DFA One-Year Fixed Income Portfolio		53

DFA Two-Year Global Fixed Income Portfolio		53

DFA Selectively Hedged Global Fixed Income Portfolio		54

DFA Five-Year Government Portfolio		57

DFA Five-Year Global Fixed Income Portfolio		58

DFA Intermediate Government Fixed Income Portfolio		60

DFA Inflation-Protected Securities Portfolio		62

DFA Short-Term Municipal Bond Portfolio		63

DFA California Short-Term Municipal Bond Portfolio		68

Statements of Assets and Liabilities		71

Statements of Operations		80

Statements of Changes in Net Assets		89

Financial Highlights		97

Notes to Financial Statements		113

Table of Contents

Continued

	Page
Dimensional Investment Group Inc. — DFA International Value Portfolio

Disclosure of Fund Expenses		133

Disclosure of Portfolio Holdings		134

Statement of Assets and Liabilities		135

Statement of Operations		136

Statements of Changes in Net Assets		137

Financial Highlights		138

Notes to Financial Statements		140

Table of Contents

Continued

The DFA Investment Trust Company

	Page
Disclosure of Fund Expenses		145

Disclosure of Portfolio Holdings		148

Schedules of Investments/Summary Schedules of Portfolio Holdings

The U.S. Large Company Series		150

The Enhanced U.S. Large Company Series		153

The U.S. Large Cap Value Series		155

The U.S. Small Cap Value Series		157

The U.S. Small Cap Series		160

The U.S. Micro Cap Series		163

The DFA International Value Series		166

The Japanese Small Company Series		170

The Asia Pacific Small Company Series		172

The United Kingdom Small Company Series		175

The Continental Small Company Series		177

The Canadian Small Company Series		181

The Emerging Markets Series		183

The Emerging Markets Small Cap Series		187

The DFA One-Year Fixed Income Series		191

The DFA Two-Year Global Fixed Income Series		193

Statements of Assets and Liabilities		195

Statements of Operations		199

Statements of Changes in Net Assets		203

Financial Highlights		207

Notes to Financial Statements		214

Voting Proxies on Fund Portfolio Securities		227

Board Approval of Investment Advisory Agreements		228

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

iii

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

AMBAC American Municipal Bond Assurance Corporation

ETM Escrowed to Maturity

FGIC Federal Guaranty Insurance Corporation

FSA Financial Security Assurance

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

GNMA Government National Mortgage Association

GO General Obligation

MBIA Municipal Bond Insurance Association

PLC Public Liability Company

RB Revenue Bond

REIT Real Estate Investment Trust

SA Special Assessment

STRB Special Tax Revenue Bond

TAN Tax Anticipation Note

TECP Tax Exempt Commercial Paper

TRAN Tax and Revenue Anticipation Note

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

^ Denominated in local currency or the Euro, unless otherwise noted.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of May 31, 2008.

(y) The rate shown is the effective yield.

(t) Face Amount Denominated in Australian Dollars.

(g) Face Amount Denominated in British Pounds.

(d) Face Amount Denominated in Denmark Krone.

(e) Face Amount Denominated in Euro.

(j) Face Amount Denominated in Japanese Yen.

(n) Face Amount Denominated in Norwegian Krone.

(s) Face Amount Denominated in Swedish Krona.

(f) Face Amount Denominated in Swiss Francs.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES
Continued

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

(E) Because of commencement of operations and related preliminary transaction costs, these ratios are not necessarily indicative of future ratios.

N/A Does not apply to this fund.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

REITs Real Estate Investment Trusts

(a) Commencement of Operations.

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The following Expense Tables are shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses, legal and audit services, which are deducted from a fund's gross income, directly reduce the investment return of the fund. A fund's expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs, in dollars, of investing in the fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Please note that the expenses shown in the tables are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, if applicable. The "Annualized Expense Ratio" represents the actual expenses for the period indicated.

Institutional Class Shares — Six Months Ended May 31, 2008
Class R1 Shares — For the Period January 31, 2008 to May 31, 2008

EXPENSE TABLES

U.S. Large Company Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	955.30		0.15	%	$	0.73
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.25		0.15	%	$	0.76

Enhanced U.S. Large Company Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	952.60		0.25	%	$	1.22
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.75		0.25	%	$	1.26
U.S. Large Cap Value Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,001.30		0.27	%	$	1.35
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.65		0.27	%	$	1.37
U.S. Targeted Value Portfolio
Actual Fund Return
Class R1 Shares****	$	1,000.00	$	1,061.30		0.50	%	$	1.72
Institutional Class Shares	$	1,000.00	$	1,000.10		0.39	%	$	1.95
Hypothetical 5% Annual Return
Class R1 Shares****	$	1,000.00	$	1,022.50		0.50	%	$	2.53
Institutional Class Shares	$	1,000.00	$	1,023.05		0.39	%	$	1.97
U.S. Small Cap Value Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	984.40		0.53	%	$	2.63
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.35		0.53	%	$	2.68
U.S. Core Equity 1 Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	972.40		0.20	%	$	0.99
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.00		0.20	%	$	1.01
U.S. Core Equity 2 Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	973.00		0.23	%	$	1.13
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.85		0.23	%	$	1.16
U.S. Vector Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	979.10		0.33	%	$	1.63
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.35		0.33	%	$	1.67
T.A. U.S. Core Equity 2 Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	977.50		0.29	%	$	1.43
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.55		0.29	%	$	1.47

U.S. Small Cap Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	975.10		0.38	%	$	1.88
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.10		0.38	%	$	1.92
U.S. Micro Cap Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	951.80		0.53	%	$	2.59
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.35		0.53	%	$	2.68
DFA Real Estate Securities Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,021.90		0.33	%	$	1.67
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.35		0.33	%	$	1.67
Large Cap International Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	966.20		0.29	%	$	1.43
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.55		0.29	%	$	1.47
International Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	959.20		0.40	%	$	1.96
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.00		0.40	%	$	2.02
T.A. World ex U.S. Core Equity Portfolio*^;******
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,076.00		0.60	%	$	1.48
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.00		0.60	%	$	3.03
International Small Company Portfolio***
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	961.20		0.55	%	$	2.70
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.25		0.55	%	$	2.78
Japanese Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	961.20		0.56	%	$	2.75
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.20		0.56	%	$	2.83

Asia Pacific Small Company Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	966.70		0.62	%	$	3.05
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.90		0.62	%	$	3.13
United Kingdom Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	909.00		0.59	%	$	2.82
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.05		0.59	%	$	2.98
Continental Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	982.70		0.59	%	$	2.92
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.05		0.59	%	$	2.98
DFA International Real Estate Securities Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	880.60		0.42	%	$	1.97
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.90		0.42	%	$	2.12
DFA International Small Cap Value Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	970.00		0.69	%	$	3.40
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.55		0.69	%	$	3.49
Emerging Markets Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	978.30		0.59	%	$	2.92
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.05		0.59	%	$	2.98
Emerging Markets Small Cap Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	919.70		0.76	%	$	3.65
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.20		0.76	%	$	3.84
Emerging Markets Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	968.10		0.64	%	$	3.15
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.80		0.64	%	$	3.23

DFA One-Year Fixed Income Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,016.50		0.17	%	$	0.86
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.15		0.17	%	$	0.86
DFA Two-Year Global Fixed Income Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,017.00		0.18	%	$	0.91
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.10		0.18	%	$	0.91
DFA Selectively Hedged Global Fixed Income Portfolio****
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,023.60		0.25	%	$	1.00
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.75		0.25	%	$	1.26
DFA Five-Year Government Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	990.60		0.23	%	$	1.14
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.85		0.23	%	$	1.16
DFA Five-Year Global Fixed Income Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,004.70		0.28	%	$	1.40
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.60		0.28	%	$	1.42
DFA Intermediate Government Fixed Income Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,017.20		0.12	%	$	0.61
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.40		0.12	%	$	0.61
DFA Inflation-Protected Securites Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,032.80		0.15	%	$	0.76
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.25		0.15	%	$	0.76
DFA Short-Term Municipal Bond Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,013.00		0.22	%	$	1.11
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.90		0.22	%	$	1.11

DFA California Short-Term Municipal Bond Portfolio	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,012.80		0.28	%	$	1.41
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.60		0.28	%	$	1.42

** The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

*** The Portfolio is a Fund of Funds (T.A. World ex U.S. Core Equity Portfolio invests in securities as well as other funds). The expenses shown reflect the direct expenses of the Fund of Funds and the indirect payment of the Fund of Funds' portion of the expenses of its Master Funds.

**** U.S. Targeted Value Portfolio Class R1 Shares commenced operations on January 31, 2008, T.A. World ex U.S. Core Equity Portfolio commenced operations on March 6, 2008 and DFA Selectively Hedged Global Fixed Income Portfolio commenced operations on January 9, 2008. Expenses are equal to the fund's annualized expense ratio for the period, multiplied by the average account value over the period, multiplied by the number of days since inception (U.S. Targeted Value Portfolio Class R1 Shares 122 days, T.A. World ex U.S. Core Equity Portfolio 87 days and DFA Selectively Hedged Global Fixed Income Portfolio 144 days), then divided by the number of days in the year (366) to reflect the period. The "Ending Account Value" is derived from the fund's share class actual return since inception. The "Hypothetical 5% Annual Return" information reflects the 183 day period for the six months ended May 31, 2008 to allow for comparability.

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending February 28 (February 29 during leap year) and August 31. The Form N-Q filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-Q with the SEC on April 29, 2008. It is available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

The categories of industry classification for the Affiliated Investment Companies are represented in the Disclosure of Portfolio Holdings, which are included elsewhere within the report. Refer to the Schedule of Investments/Summary Schedule of Portfolio Holdings for each of the underlying Master Funds' holdings which reflect the investments by category or country.

FEEDER FUNDS

	Affiliated Investment Companies
U.S. Large Company Portfolio		100.0	%
Enhanced U.S. Large Company Portfolio		100.0	%
U.S. Large Cap Value Portfolio		100.0	%
U.S. Small Cap Value Portfolio		100.0	%
U.S. Small Cap Portfolio		100.0	%
U.S. Micro Cap Portfolio		100.0	%
International Small Company Portfolio		100.0	%
Japanese Small Company Portfolio		100.0	%
Asia Pacific Small Company Portfolio		100.0	%
United Kingdom Small Company Portfolio		100.0	%
Continental Small Company Portfolio		100.0	%
Emerging Markets Portfolio		100.0	%
Emerging Markets Small Cap Portfolio		100.0	%
DFA One-Year Fixed Income Portfolio		100.0	%
DFA Two-Year Global Fixed Income Portfolio		100.0	%

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

	Consumer Discretionary			Consumer Staples			Energy			Financials			Health Care			Industrials			Information Technology
U.S. Targeted Value Portfolio		12.2	%		5.0	%		11.5	%		22.5	%		7.2	%		16.9	%		17.6	%
U.S. Core Equity 1 Portfolio		11.8	%		8.1	%		11.9	%		16.3	%		10.9	%		13.1	%		15.8	%
U.S. Core Equity 2 Portfolio		12.7	%		7.8	%		13.3	%		19.3	%		9.2	%		12.9	%		13.0	%
U.S. Vector Equity Portfolio		13.3	%		5.8	%		13.2	%		23.8	%		8.4	%		13.7	%		12.8	%
T.A. U.S. Core Equity 2 Portfolio		12.9	%		5.8	%		12.5	%		19.3	%		11.3	%		14.0	%		13.4	%
DFA Real Estate Securities Portfolio		—			—			—			—			—			—			—
Large Cap International Portfolio		9.5	%		7.8	%		10.6	%		24.9	%		6.1	%		11.8	%		5.5	%
International Core Equity Portfolio		12.9	%		6.8	%		8.2	%		28.9	%		3.8	%		15.7	%		5.1	%
T.A. World ex U.S. Core Equity Portfolio		12.2	%		6.6	%		8.0	%		28.1	%		3.5	%		15.5	%		5.8	%
DFA International Real Estate Securities Portfolio		—			—			—			0.3	%		—			—			—
DFA International Small Cap Value Portfolio		17.3	%		8.6	%		5.5	%		20.3	%		2.2	%		22.1	%		6.7	%
Emerging Markets Core Equity Portfolio		8.5	%		7.2	%		7.9	%		21.5	%		2.5	%		12.0	%		8.5	%

	Materials			REITs			Telecommunication Services			Utilities			Other			Total
U.S. Targeted Value Portfolio		6.3	%		—			0.7	%		0.1	%		—			100.0	%
U.S. Core Equity 1 Portfolio		5.5	%		—			2.8	%		3.8	%		—			100.0	%
U.S. Core Equity 2 Portfolio		6.1	%		—			3.0	%		2.7	%		—			100.0	%
U.S. Vector Equity Portfolio		5.3	%		—			2.4	%		1.3	%		—			100.0	%
T.A. U.S. Core Equity 2 Portfolio		6.0	%		—			1.9	%		2.9	%		—			100.0	%
DFA Real Estate Securities Portfolio		—			100.0	%		—			—			—			100.0	%
Large Cap International Portfolio		12.5	%		—			5.4	%		5.8	%		0.1	%		100.0	%
International Core Equity Portfolio		12.3	%		—			3.4	%		2.8	%		0.1	%		100.0	%
T.A. World ex U.S. Core Equity Portfolio		13.6	%		—			4.0	%		2.6	%		0.1	%		100.0	%
DFA International Real Estate Securities Portfolio		—			99.7	%		—			—			—			100.0	%
DFA International Small Cap Value Portfolio		16.3	%		0.2	%		0.4	%		0.4	%		—			100.0	%
Emerging Markets Core Equity Portfolio		20.2	%		—			8.6	%		3.0	%		0.1	%		100.0	%

FIXED INCOME PORTFOLIOS

	Corporate			Government			Foreign Corporate			Foreign Government			Muni Insured
DFA Selectively Hedged Global Fixed Income Portfolio		19.6	%		2.2	%		47.4	%		25.9	%		—
DFA Five-Year Government Portfolio		—			100.0	%		—			—			—
DFA Five-Year Global Fixed Income Portfolio		23.2	%		42.0	%		15.1	%		16.9	%		—
DFA Intermediate Government Fixed Income Portfolio		—			100.0	%		—			—			—
DFA Inflation-Protected Securities Portfolio		—			100.0	%		—			—			—
DFA Short-Term Municipal Bond Portfolio		—			—			—			—			19.6	%
DFA California Short-Term Municipal Bond Portfolio		—			—			—			—			22.3	%

	Muni G.O. Local			Muni G.O. State			Muni Revenue			Supranational			Total
DFA Selectively Hedged Global Fixed Income Portfolio		—			—			—			4.9	%		100.0	%
DFA Five-Year Government Portfolio		—			—			—			—			100.0	%
DFA Five-Year Global Fixed Income Portfolio		—			—			—			2.8	%		100.0	%
DFA Intermediate Government Fixed Income Portfolio		—			—			—			—			100.0	%
DFA Inflation-Protected Securities Portfolio		—			—			—			—			100.0	%
DFA Short-Term Municipal Bond Portfolio		18.4	%		12.9	%		49.1	%		—			100.0	%
DFA California Short-Term Municipal Bond Portfolio		15.5	%		19.6	%		42.6	%		—			100.0	%

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
May 31, 2008
(Unaudited)

U.S. LARGE COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Company Series of The DFA Investment Trust Company	$	3,627,977,447
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $2,940,024,043)	$	3,627,977,447

ENHANCED U.S. LARGE COMPANY PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Enhanced U.S. Large Company Series of The DFA Investment Trust Company			$	289,404,148
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $262,000,788)		32,517,320	$	289,404,148

U.S. LARGE CAP VALUE PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company			$	7,740,716,504
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $6,536,890,100)		355,731,457	$	7,740,716,504

See accompanying Notes to Financial Statements.

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (89.9%)
Consumer Discretionary — (11.0%)
* AnnTaylor Stores Corp.		103,470	$	2,833,009		0.3	%
* Toll Brothers, Inc.		135,500		2,854,985		0.3	%
* Warnaco Group, Inc.		57,352		2,763,793		0.3	%
Other Securities				103,009,891		11.2	%
Total Consumer Discretionary				111,461,678		12.1	%
Consumer Staples — (4.5%)
J.M. Smucker Co.		53,410		2,819,514		0.3	%
# Longs Drug Stores Corp.		61,590		2,920,598		0.3	%
*# Smithfield Foods, Inc.		167,724		5,248,084		0.6	%
Other Securities				34,580,458		3.7	%
Total Consumer Staples				45,568,654		4.9	%
Energy — (10.1%)
Cimarex Energy Co.		81,397		5,546,392		0.6	%
* Comstock Resources, Inc.		49,570		2,842,839		0.3	%
* Encore Acquisition Co.		55,750		3,723,542		0.4	%
* EXCO Resources, Inc.		131,000		3,267,140		0.4	%
* Forest Oil Corp.		106,721		7,123,627		0.8	%
Helmerich & Payne, Inc.		54,300		3,401,895		0.4	%
Overseas Shipholding Group, Inc.		39,100		3,091,246		0.3	%
Patterson-UTI Energy, Inc.		100,300		3,157,444		0.3	%
* Petrohawk Energy Corp.		103,000		3,026,140		0.3	%
* Stone Energy Corp.		48,140		3,253,301		0.4	%
* Swift Energy Corp.		51,431		2,964,483		0.3	%
Tidewater, Inc.		46,400		3,170,512		0.3	%
* Whiting Petroleum Corp.		33,800		3,161,314		0.3	%
Other Securities				54,502,454		6.0	%
Total Energy				102,232,329		11.1	%
Financials — (20.3%)
* Allegheny Corp.		8,392		3,151,196		0.3	%
American Financial Group, Inc.		123,082		3,670,305		0.4	%
Fidelity National Financial, Inc.		185,310		3,168,801		0.4	%
Odyssey Re Holdings Corp.		78,806		2,958,377		0.3	%
Old Republic International Corp.		198,177		2,982,564		0.3	%
Protective Life Corp.		87,959		3,692,519		0.4	%
Reinsurance Group of America, Inc.		52,913		2,720,786		0.3	%
# Synovus Financial Corp.		283,888		3,261,873		0.4	%
Transatlantic Holdings, Inc.		56,901		3,678,650		0.4	%
UMB Financial Corp.		54,165		2,825,788		0.3	%
Zions Bancorporation		70,883		3,054,348		0.3	%
Other Securities				171,100,708		18.6	%
Total Financials				206,265,915		22.4	%
Health Care — (6.4%)
Total Health Care				65,235,077		7.1	%
Industrials — (15.1%)
Alexander & Baldwin, Inc.		53,656		2,761,674		0.3	%
* Allied Waste Industries, Inc.		351,413		4,733,533		0.5	%
# Barnes Group, Inc.		88,396		2,823,368		0.3	%
* EMCOR Group, Inc.		102,233		3,000,539		0.3	%
*# Energy Conversion Devices, Inc.		59,285		3,763,412		0.4	%

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
* Esterline Technologies Corp.		46,770	$	2,896,466		0.3	%
* Kansas City Southern		58,100		2,902,676		0.3	%
* Owens Corning, Inc.		114,500		2,957,535		0.3	%
Ryder System, Inc.		43,502		3,194,352		0.4	%
Timken Co.		80,300		2,941,389		0.3	%
Other Securities				120,894,919		13.2	%
Total Industrials				152,869,863		16.6	%
Information Technology — (15.8%)
* Arrow Electronics, Inc.		148,301		4,546,909		0.5	%
* Avnet, Inc.		124,586		3,677,779		0.4	%
* Ingram Micro, Inc.		216,363		3,922,661		0.4	%
Intersil Corp.		128,003		3,567,444		0.4	%
*# JDS Uniphase Corp.		238,888		2,955,045		0.3	%
* Skyworks Solutions, Inc.		273,925		2,829,645		0.3	%
Other Securities				138,366,769		15.0	%
Total Information Technology				159,866,252		17.3	%
Materials — (6.0%)
Ashland, Inc.		78,930		4,236,173		0.5	%
MeadWestavco Corp.		151,077		3,887,211		0.4	%
Worthington Industries, Inc.		138,618		2,764,043		0.3	%
Other Securities				50,106,889		5.4	%
Total Materials				60,994,316		6.6	%
Telecommunication Services — (0.6%)
# CenturyTel, Inc.		134,965		4,779,111		0.5	%
Other Securities				1,694,358		0.2	%
Total Telecommunication Services				6,473,469		0.7	%
Utilities — (0.1%)
Total Utilities				415,974		0.1	%
TOTAL COMMON STOCKS				911,383,527		98.9	%
PREFERRED STOCKS — (0.1%)
Health Care — (0.1%)
Total Health Care				673,659		0.1	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				11,182		0.0	%
TEMPORARY CASH INVESTMENTS — (1.0%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		10,363,586		10,363,586		1.1	%
	Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (9.0%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $133,791,286 FNMA, rates ranging from 4.500% to 7.500%, maturities ranging from 05/01/13 to 06/01/38, valued at $84,172,319) to be repurchased at $81,736,702	$	81,721		81,720,698		8.8	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $10,580,000 FNMA 5.000%, 04/01/38, valued at $10,241,518) to be repurchased at $9,943,838		9,942		9,941,966		1.1	%
TOTAL SECURITIES LENDING COLLATERAL				91,662,664		9.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,029,317,711)			$	1,014,094,618		110.0	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS
May 31, 2008
(Unaudited)

U.S. SMALL CAP VALUE PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Small Cap Value Series of The DFA Investment Trust Company			$	8,211,362,274
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $8,240,356,658)		456,186,793	$	8,211,362,274

See accompanying Notes to Financial Statements.

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (87.5%)
Consumer Discretionary — (10.5%)
Comcast Corp. Class A		201,673	$	4,537,642		0.3	%
Disney (Walt) Co.		199,700		6,709,920		0.4	%
McDonald's Corp.		87,380		5,183,382		0.3	%
Time Warner, Inc.		365,419		5,802,854		0.4	%
Other Securities				162,230,524		10.5	%
Total Consumer Discretionary				184,464,322		11.9	%
Consumer Staples — (7.0%)
Altria Group, Inc.		189,520		4,218,715		0.3	%
Coca-Cola Co.		173,019		9,907,068		0.7	%
CVS Caremark Corp.		103,100		4,411,649		0.3	%
Kraft Foods, Inc.		156,330		5,077,598		0.3	%
PepsiCo, Inc.		107,320		7,329,956		0.5	%
* Philip Morris International, Inc.		101,120		5,324,979		0.4	%
Procter & Gamble Co.		183,572		12,124,931		0.8	%
Wal-Mart Stores, Inc.		238,348		13,762,214		0.9	%
Other Securities				61,722,620		3.8	%
Total Consumer Staples				123,879,730		8.0	%
Energy — (10.3%)
Chevron Corp.		147,560		14,630,574		1.0	%
ConocoPhillips		159,085		14,810,813		1.0	%
Devon Energy Corp.		42,900		4,973,826		0.3	%
Exxon Mobil Corp.		351,494		31,198,607		2.0	%
Occidental Petroleum Corp.		51,424		4,727,408		0.3	%
Schlumberger, Ltd.		64,900		6,563,337		0.4	%
Other Securities				104,489,777		6.7	%
Total Energy				181,394,342		11.7	%
Financials — (14.4%)
American International Group, Inc.		260,018		9,360,648		0.6	%
Bank of America Corp.		459,100		15,613,991		1.0	%
Bank of New York Mellon Corp.		111,358		4,958,772		0.3	%
JPMorgan Chase & Co.		350,663		15,078,509		1.0	%
MetLife, Inc.		76,245		4,576,987		0.3	%
Morgan Stanley		113,560		5,022,759		0.3	%
The Goldman Sachs Group, Inc.		26,253		4,631,292		0.3	%
Wells Fargo & Co.		304,235		8,387,759		0.6	%
Other Securities				186,347,469		12.0	%
Total Financials				253,978,186		16.4	%
Health Care — (9.5%)
Abbott Laboratories		90,405		5,094,322		0.3	%
* Genentech, Inc.		67,348		4,772,953		0.3	%
Johnson & Johnson		186,466		12,444,741		0.8	%
Medtronic, Inc.		79,572		4,031,913		0.3	%
Merck & Co., Inc.		128,568		5,009,009		0.3	%
Pfizer, Inc.		684,368		13,249,364		0.9	%
Wyeth		90,895		4,042,101		0.3	%
Other Securities				119,014,839		7.6	%
Total Health Care				167,659,242		10.8	%
Industrials — (11.4%)
Boeing Co.		50,788		4,203,723		0.3	%
General Electric Co.		525,567		16,145,418		1.1	%

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Union Pacific Corp.		53,020	$	4,364,076		0.3	%
United Technologies Corp.		62,635		4,449,590		0.3	%
Other Securities				171,893,349		11.0	%
Total Industrials				201,056,156		13.0	%
Information Technology — (13.7%)
* Apple, Inc.		51,724		9,762,905		0.6	%
* Cisco Sytems, Inc.		406,334		10,857,244		0.7	%
* Google, Inc.		15,284		8,953,367		0.6	%
Hewlett-Packard Co.		148,599		6,993,069		0.5	%
Intel Corp.		381,156		8,835,196		0.6	%
International Business Machines Corp.		90,530		11,717,298		0.8	%
Microsoft Corp.		633,800		17,949,216		1.2	%
* Oracle Corp.		352,835		8,058,751		0.5	%
QUALCOMM, Inc.		122,323		5,937,558		0.4	%
Other Securities				151,938,664		9.7	%
Total Information Technology				241,003,268		15.6	%
Materials — (4.9%)
Monsanto Co.		38,551		4,911,397		0.3	%
Other Securities				81,104,549		5.3	%
Total Materials				86,015,946		5.6	%
Telecommunication Services — (2.5%)
AT&T, Inc.		405,575		16,182,443		1.1	%
Verizon Communications, Inc.		306,707		11,799,018		0.8	%
Other Securities				15,425,750		0.9	%
Total Telecommunication Services				43,407,211		2.8	%
Utilities — (3.3%)
Exelon Corp.		47,680		4,195,840		0.3	%
Other Securities				54,562,365		3.5	%
Total Utilities				58,758,205		3.8	%
TOTAL COMMON STOCKS				1,541,616,608		99.6	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				96,607		0.0	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				104		0.0	%
TEMPORARY CASH INVESTMENTS — (0.5%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		9,007,149		9,007,149		0.6	%
	Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (12.0%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $198,331,960 FHLMC, rates ranging from 5.000% to 7.000%, maturities ranging from 12/01/37 to 05/01/38, valued at $194,182,188) to be repurchased at $188,563,315	$	188,526		188,526,395		12.2	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $24,825,011 FNMA 6.000%, 12/01/37 & 6.500%, 07/01/37, valued at $24,297,195) to be repurchased at $23,590,807		23,586		23,586,365		1.5	%
TOTAL SECURITIES LENDING COLLATERAL				212,112,760		13.7	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,726,810,609)			$	1,762,833,228		113.9	%

See accompanying Notes to Financial Statements.

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (86.3%)
Consumer Discretionary — (11.1%)
Comcast Corp. Class A		559,242	$	12,582,945		0.4	%
Disney (Walt) Co.		515,212		17,311,123		0.5	%
Home Depot, Inc.		380,845		10,419,919		0.3	%
Lowe's Companies, Inc.		362,000		8,688,000		0.3	%
Time Warner, Inc.		941,120		14,944,986		0.5	%
Other Securities				357,561,115		10.8	%
Total Consumer Discretionary				421,508,088		12.8	%
Consumer Staples — (6.6%)
Altria Group, Inc.		582,700		12,970,902		0.4	%
Coca-Cola Co.		160,813		9,208,152		0.3	%
CVS Caremark Corp.		333,685		14,278,381		0.4	%
Kraft Foods, Inc.		390,697		12,689,839		0.4	%
* Philip Morris International, Inc.		154,900		8,157,034		0.3	%
Procter & Gamble Co.		571,788		37,766,597		1.2	%
Wal-Mart Stores, Inc.		404,300		23,344,282		0.7	%
Other Securities				132,249,150		3.9	%
Total Consumer Staples				250,664,337		7.6	%
Energy — (11.4%)
Anadarko Petroleum Corp.		133,128		9,980,606		0.3	%
Apache Corp.		79,063		10,599,186		0.3	%
Chesapeake Energy Corp.		164,600		9,015,142		0.3	%
Chevron Corp.		549,734		54,506,126		1.7	%
ConocoPhillips		443,978		41,334,352		1.3	%
Devon Energy Corp.		119,000		13,796,860		0.4	%
Exxon Mobil Corp.		440,684		39,115,112		1.2	%
Marathon Oil Corp.		189,788		9,753,205		0.3	%
Occidental Petroleum Corp.		157,660		14,493,684		0.5	%
Other Securities				228,772,353		6.9	%
Total Energy				431,366,626		13.2	%
Financials — (16.7%)
Allstate Corp.		163,880		8,348,047		0.3	%
American International Group, Inc.		612,570		22,052,520		0.7	%
Bank of America Corp.		1,268,999		43,158,656		1.3	%
Bank of New York Mellon Corp.		314,970		14,025,614		0.4	%
Citigroup, Inc.		795,672		17,417,260		0.5	%
JPMorgan Chase & Co.		877,852		37,747,636		1.2	%
Merrill Lynch & Co., Inc.		238,512		10,475,447		0.3	%
MetLife, Inc.		202,592		12,161,598		0.4	%
Morgan Stanley		266,304		11,778,626		0.4	%
Prudential Financial, Inc.		112,016		8,367,595		0.3	%
The Goldman Sachs Group, Inc.		119,024		20,997,024		0.7	%
The Travelers Companies, Inc.		177,178		8,825,236		0.3	%
Wells Fargo & Co.		823,601		22,706,680		0.7	%
Other Securities				394,063,437		11.8	%
Total Financials				632,125,376		19.3	%

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (8.0%)
Johnson & Johnson		142,350	$	9,500,439		0.3	%
Pfizer, Inc.		1,913,312		37,041,720		1.1	%
Other Securities				255,236,320		7.8	%
Total Health Care				301,778,479		9.2	%
Industrials — (11.1%)
Burlington Northern Santa Fe Corp.		81,866		9,254,951		0.3	%
General Electric Co.		752,936		23,130,194		0.7	%
Union Pacific Corp.		136,600		11,243,546		0.4	%
Other Securities				377,582,615		11.4	%
Total Industrials				421,211,306		12.8	%
Information Technology — (11.2%)
* Apple, Inc.		46,714		8,817,268		0.3	%
* Cisco Sytems, Inc.		332,162		8,875,369		0.3	%
Hewlett-Packard Co.		213,714		10,057,381		0.3	%
Intel Corp.		458,292		10,623,209		0.3	%
International Business Machines Corp.		77,144		9,984,748		0.3	%
Microsoft Corp.		526,939		14,922,912		0.5	%
Other Securities				359,821,162		10.9	%
Total Information Technology				423,102,049		12.9	%
Materials — (5.3%)
Alcoa, Inc.		225,136		9,138,270		0.3	%
Dow Chemical Co.		259,888		10,499,475		0.3	%
Freeport-McMoRan Copper & Gold, Inc. Class B		76,337		8,832,954		0.3	%
Other Securities				174,301,822		5.3	%
Total Materials				202,772,521		6.2	%
Other — (0.0%)
Total Other				168		0.0	%
Telecommunication Services — (2.6%)
AT&T, Inc.		995,052		39,702,575		1.2	%
Verizon Communications, Inc.		748,363		28,789,525		0.9	%
Other Securities				29,543,829		0.9	%
Total Telecommunication Services				98,035,929		3.0	%
Utilities — (2.3%)
Total Utilities				87,321,369		2.7	%
TOTAL COMMON STOCKS				3,269,886,248		99.7	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				342,916		0.0	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				237		0.0	%
TEMPORARY CASH INVESTMENTS — (0.7%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		25,236,044		25,236,044		0.8	%

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (13.0%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $473,974,286 FHLMC 5.000%, maturities ranging from 12/01/35 to 06/01/38 & FNMA 5.788%(r), 05/01/37, valued at $449,713,822) to be repurchased at $436,700,864	$	436,615	$	436,615,360		13.3	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $63,721,546 FNMA, rates ranging from 4.500% to 6.000%, maturities ranging from 09/01/36 to 05/01/38, valued at $56,695,259) to be repurchased at $55,050,102		55,040		55,039,736		1.7	%
TOTAL SECURITIES LENDING COLLATERAL				491,655,096		15.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,810,980,935)			$	3,787,120,541		115.5	%

See accompanying Notes to Financial Statements.

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (87.0%)
Consumer Discretionary — (11.8%)
Comcast Corp. Class A		191,618	$	4,311,405		0.4	%
Disney (Walt) Co.		86,800		2,916,480		0.3	%
* Liberty Media Holding Corp. Interactive Class A		219,019		3,721,133		0.3	%
Macy's, Inc.		157,690		3,732,522		0.4	%
Time Warner, Inc.		353,081		5,606,926		0.5	%
Other Securities				129,908,085		11.6	%
Total Consumer Discretionary				150,196,551		13.5	%
Consumer Staples — (5.0%)
Coca-Cola Enterprises, Inc.		164,260		3,308,196		0.3	%
CVS Caremark Corp.		87,809		3,757,347		0.4	%
Molson Coors Brewing Co.		64,500		3,741,000		0.4	%
* Philip Morris International, Inc.		46,200		2,432,892		0.2	%
Procter & Gamble Co.		74,000		4,887,700		0.5	%
Wal-Mart Stores, Inc.		42,300		2,442,402		0.2	%
Other Securities				42,932,209		3.7	%
Total Consumer Staples				63,501,746		5.7	%
Energy — (11.3%)
Anadarko Petroleum Corp.		52,100		3,905,937		0.4	%
Apache Corp.		19,300		2,587,358		0.2	%
Chesapeake Energy Corp.		48,600		2,661,822		0.2	%
Chevron Corp.		95,200		9,439,080		0.9	%
Cimarex Energy Co.		51,000		3,475,140		0.3	%
ConocoPhillips		153,600		14,300,160		1.3	%
Devon Energy Corp.		37,100		4,301,374		0.4	%
* Encore Acquisition Co.		42,400		2,831,896		0.3	%
Exxon Mobil Corp.		56,300		4,997,188		0.5	%
Helmerich & Payne, Inc.		40,300		2,524,795		0.2	%
* Newfield Exploration Co.		43,600		2,757,264		0.3	%
Pioneer Natural Resources Co.		54,700		3,926,913		0.4	%
* Plains Exploration & Production Co.		36,915		2,638,684		0.2	%
Valero Energy Corp.		59,500		3,024,980		0.3	%
Other Securities				81,518,126		7.1	%
Total Energy				144,890,717		13.0	%
Financials — (20.7%)
Allstate Corp.		54,890		2,796,097		0.3	%
American International Group, Inc.		190,030		6,841,080		0.6	%
Bank of America Corp.		402,170		13,677,802		1.2	%
CNA Financial Corp.		92,800		2,820,192		0.3	%
Genworth Financial, Inc.		160,400		3,544,840		0.3	%
JPMorgan Chase & Co.		333,480		14,339,640		1.3	%
Legg Mason, Inc.		47,700		2,566,737		0.2	%
# M&T Bank Corp.		38,800		3,362,408		0.3	%
Marshall & Ilsley Corp.		107,987		2,509,618		0.2	%
MetLife, Inc.		73,840		4,432,615		0.4	%
Old Republic International Corp.		182,689		2,749,469		0.3	%
The Travelers Companies, Inc.		69,400		3,456,814		0.3	%
UnionBanCal Corp.		68,600		3,434,116		0.3	%
Unum Group		161,075		3,878,686		0.4	%
Wells Fargo & Co.		147,042		4,053,948		0.4	%
Other Securities				189,531,030		16.9	%
Total Financials				263,995,092		23.7	%

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (7.2%)
Pfizer, Inc.		309,722	$	5,996,218		0.6	%
Other Securities				86,642,556		7.7	%
Total Health Care				92,638,774		8.3	%
Industrials — (11.9%)
General Electric Co.		160,700		4,936,704		0.5	%
R. R. Donnelley & Sons Co.		78,900		2,590,287		0.2	%
Southwest Airlines Co.		265,916		3,472,863		0.3	%
Union Pacific Corp.		51,400		4,230,734		0.4	%
Other Securities				136,314,833		12.2	%
Total Industrials				151,545,421		13.6	%
Information Technology — (11.1%)
* Arrow Electronics, Inc.		81,600		2,501,856		0.2	%
* Computer Sciences Corp.		75,645		3,717,952		0.3	%
Electronic Data Systems Corp.		140,700		3,445,743		0.3	%
Other Securities				132,276,334		11.9	%
Total Information Technology				141,941,885		12.7	%
Materials — (4.8%)
Total Materials				61,877,793		5.5	%
Other — (0.0%)
Total Other				16		0.0	%
Telecommunication Services — (2.1%)
AT&T, Inc.		270,720		10,801,728		1.0	%
Verizon Communications, Inc.		150,079		5,773,539		0.5	%
Other Securities				9,847,209		0.9	%
Total Telecommunication Services				26,422,476		2.4	%
Utilities — (1.1%)
Total Utilities				13,810,662		1.2	%
TOTAL COMMON STOCKS				1,110,821,133		99.6	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				255,633		0.0	%
TEMPORARY CASH INVESTMENTS — (0.6%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		6,922,677		6,922,677		0.6	%
	Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (12.4%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $164,714,562 FHLMC, rates ranging from 5.000% to 5.500%, maturities ranging from 12/01/35 to 03/01/38, valued at $145,320,579) to be repurchased at $141,115,570	$	141,088		141,087,940		12.7	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $23,730,644 FNMA 5.500%, 01/01/35 & 6.000%, 12/01/37, valued at $18,270,390) to be repurchased at $17,740,212		17,737		17,736,872		1.6	%
TOTAL SECURITIES LENDING COLLATERAL				158,824,812		14.3	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,304,898,328)			$	1,276,824,255		114.5	%

See accompanying Notes to Financial Statements.

T.A. U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (92.9%)
Consumer Discretionary — (12.1%)
Comcast Corp. Class A		86,150	$	1,938,375		0.4	%
Comcast Corp. Special Class A Non-Voting		57,600		1,283,904		0.3	%
Disney (Walt) Co.		62,692		2,106,451		0.5	%
McDonald's Corp.		19,700		1,168,604		0.3	%
Time Warner, Inc.		131,300		2,085,044		0.5	%
Other Securities				50,071,153		10.9	%
Total Consumer Discretionary				58,653,531		12.9	%
Consumer Staples — (5.3%)
Altria Group, Inc.		89,400		1,990,044		0.4	%
Kraft Foods, Inc.		56,200		1,825,376		0.4	%
PepsiCo, Inc.		19,400		1,325,020		0.3	%
Other Securities				20,605,031		4.5	%
Total Consumer Staples				25,745,471		5.6	%
Energy — (11.5%)
Anadarko Petroleum Corp.		26,510		1,987,455		0.4	%
Apache Corp.		12,400		1,662,344		0.4	%
Chesapeake Energy Corp.		22,200		1,215,894		0.3	%
Chevron Corp.		63,500		6,296,025		1.4	%
ConocoPhillips		87,530		8,149,043		1.8	%
Devon Energy Corp.		23,100		2,678,214		0.6	%
Exxon Mobil Corp.		38,504		3,417,615		0.8	%
Marathon Oil Corp.		29,400		1,510,866		0.3	%
Occidental Petroleum Corp.		16,200		1,489,266		0.3	%
Other Securities				27,084,393		5.9	%
Total Energy				55,491,115		12.2	%
Financials — (17.9%)
Allstate Corp.		34,100		1,737,054		0.4	%
Bank of America Corp.		207,344		7,051,769		1.6	%
Bank of New York Mellon Corp.		48,700		2,168,611		0.5	%
Hartford Financial Services Group, Inc.		19,100		1,357,437		0.3	%
JPMorgan Chase & Co.		87,368		3,756,824		0.8	%
MetLife, Inc.		35,700		2,143,071		0.5	%
Morgan Stanley		45,722		2,022,284		0.5	%
Prudential Financial, Inc.		21,500		1,606,050		0.4	%
The Goldman Sachs Group, Inc.		15,810		2,789,042		0.6	%
The Travelers Companies, Inc.		35,810		1,783,696		0.4	%
U.S. Bancorp		37,900		1,257,901		0.3	%
Wells Fargo & Co.		118,100		3,256,017		0.7	%
Other Securities				55,901,544		12.0	%
Total Financials				86,831,300		19.0	%
Health Care — (10.5%)
Johnson & Johnson		43,375		2,894,847		0.7	%
Pfizer, Inc.		295,965		5,729,882		1.3	%
* WellPoint, Inc.		21,500		1,200,130		0.3	%
Other Securities				41,104,976		8.9	%
Total Health Care				50,929,835		11.2	%
Industrials — (12.9%)
CSX Corp.		22,400		1,546,944		0.4	%
FedEx Corp.		16,100		1,476,531		0.3	%

T.A. U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
General Electric Co.		89,100	$	2,737,152		0.6	%
Norfolk Southern Corp.		18,700		1,260,006		0.3	%
Raytheon Co.		25,200		1,609,272		0.4	%
Southwest Airlines Co.		94,900		1,239,394		0.3	%
Union Pacific Corp.		20,400		1,679,124		0.4	%
United Technologies Corp.		23,750		1,687,200		0.4	%
Other Securities				49,406,540		10.6	%
Total Industrials				62,642,163		13.7	%
Information Technology — (12.4%)
* Cisco Sytems, Inc.		51,895		1,386,634		0.3	%
Electronic Data Systems Corp.		49,600		1,214,704		0.3	%
Hewlett-Packard Co.		35,000		1,647,100		0.4	%
Intel Corp.		59,762		1,385,283		0.3	%
International Business Machines Corp.		15,866		2,053,536		0.5	%
Microsoft Corp.		44,200		1,251,744		0.3	%
Other Securities				51,250,134		11.1	%
Total Information Technology				60,189,135		13.2	%
Materials — (5.7%)
Alcoa, Inc.		42,370		1,719,798		0.4	%
Dow Chemical Co.		36,800		1,486,720		0.3	%
Other Securities				24,451,043		5.4	%
Total Materials				27,657,561		6.1	%
Telecommunication Services — (1.8%)
AT&T, Inc.		52,000		2,074,800		0.5	%
Verizon Communications, Inc.		78,830		3,032,590		0.7	%
Other Securities				3,656,285		0.7	%
Total Telecommunication Services				8,763,675		1.9	%
Utilities — (2.8%)
Total Utilities				13,295,195		2.9	%
TOTAL COMMON STOCKS				450,198,981		98.7	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				50,505		0.0	%
TEMPORARY CASH INVESTMENTS — (1.2%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		5,923,346		5,923,346		1.3	%
	Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (5.9%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $42,993,486 FHLMC, rates ranging from 5.000% to 7.000%, maturities ranging from 09/01/36 to 02/01/38 & FNMA 5.994%(r), 10/01/37 & 6.439%(r), 08/01/30, valued at $25,927,080) to be repurchased at $25,176,852	$	25,172		25,171,922		5.5	%
@Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $4,556,417 FNMA 5.000%, 04/01/38 & 5.500%, 03/01/35, valued at $3,257,564) to be repurchased at $3,160,958		3,160		3,160,363		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				28,332,285		6.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $480,546,736)			$	484,505,117		106.2	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
May 31, 2008
(Unaudited)

U.S. SMALL CAP PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Small Cap Series of The DFA Investment Trust Company			$	2,836,188,141
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $2,641,926,583)		194,927,020	$	2,836,188,141

U.S. MICRO CAP PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Micro Cap Series of The DFA Investment Trust Company			$	4,232,281,741
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,958,795,825)		457,049,864	$	4,232,281,741

See accompanying Notes to Financial Statements.

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (83.2%)
Real Estate Investment Trusts — (83.2%)
*# Alexander's, Inc.		48,900	$	16,870,500		0.6	%
# Alexandria Real Estate Equities, Inc.		316,750		33,037,025		1.2	%
# AMB Property Corp.		973,065		57,352,451		2.1	%
# Apartment Investment & Management Co. Class A		939,087		37,159,673		1.4	%
# AvalonBay Communities, Inc.		754,956		76,401,547		2.8	%
BioMed Realty Trust, Inc.		643,252		16,904,663		0.6	%
# Boston Properties, Inc.		1,136,764		111,107,313		4.1	%
Brandywine Realty Trust		855,320		16,054,356		0.6	%
# BRE Properties, Inc. Class A		500,915		24,274,341		0.9	%
# Camden Property Trust		517,709		25,502,345		0.9	%
CBL & Associates Properties, Inc.		645,646		16,986,946		0.6	%
# Commercial Net Lease Realty		712,704		16,185,508		0.6	%
Corporate Office Properties Trust		465,400		17,643,314		0.6	%
# Developers Diversified Realty Corp.		1,173,594		46,568,210		1.7	%
# Digital Realty Trust, Inc.		636,217		26,911,979		1.0	%
# Douglas Emmett, Inc.		1,104,088		27,050,156		1.0	%
# Duke Realty Corp.		1,430,536		36,736,164		1.3	%
# Entertainment Properties Trust		274,379		15,104,564		0.5	%
# Equity One, Inc.		726,176		16,854,545		0.6	%
# Equity Residential		2,563,239		108,399,377		4.0	%
# Essex Property Trust, Inc.		247,400		29,556,878		1.1	%
# Federal Realty Investment Trust		577,252		46,538,056		1.7	%
# General Growth Properties, Inc.		2,391,809		99,403,582		3.6	%
HCP, Inc.		1,442,103		49,406,449		1.8	%
# Health Care REIT, Inc.		646,027		31,203,104		1.1	%
Highwood Properties, Inc.		417,300		15,022,800		0.5	%
# Home Properties, Inc.		322,970		16,536,064		0.6	%
Hospitality Properties Trust		922,519		28,598,089		1.0	%
Host Marriott Corp.		5,143,768		88,421,372		3.2	%
HRPT Properties Trust		2,214,959		17,254,531		0.6	%
# Kilroy Realty Corp.		323,193		17,620,482		0.6	%
# Kimco Realty Corp.		2,475,170		97,397,940		3.6	%
# Liberty Property Trust		904,453		32,108,082		1.2	%
Mack-Cali Realty Corp.		645,131		24,927,862		0.9	%
# Nationwide Health Properties, Inc.		695,224		23,727,995		0.9	%
# Post Properties, Inc.		429,266		15,243,236		0.6	%
# ProLogis		2,456,890		152,155,198		5.5	%
# Public Storage		1,623,966		143,120,124		5.2	%
# Realty Income Corp.		995,148		24,381,126		0.9	%
# Regency Centers Corp.		683,682		45,458,016		1.7	%
Senior Housing Properties Trust		895,730		19,894,163		0.7	%
# Simon Property Group, Inc.		2,124,732		211,113,372		7.7	%
# SL Green Realty Corp.		580,309		57,856,807		2.1	%
Taubman Centers, Inc.		517,061		27,792,029		1.0	%
The Macerich Co.		707,066		50,576,431		1.8	%
# UDR, Inc.		1,313,231		32,489,335		1.2	%
# Ventas, Inc.		942,328		44,911,352		1.6	%
# Vornado Realty Trust		1,454,980		142,195,195		5.2	%
# Washington REIT		459,824		15,491,471		0.6	%
# Weingarten Realty Investors		838,057		28,912,967		1.1	%
Other Securities				362,205,537		13.3	%
TOTAL COMMON STOCKS				2,734,624,622		99.7	%

DFA REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (16.8%)
@Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $673,084,617 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 05/01/12 to 11/01/47, valued at $504,976,414) to be repurchased at $490,364,374	$	490,268	$	490,268,363		17.9	%
@Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $63,476,785 FNMA, rates ranging from 5.000% to 6.500%, maturities ranging from 05/01/28 to 05/01/38, valued at $62,682,240) to be repurchased at $60,867,384		60,856		60,855,923		2.2	%
TOTAL SECURITIES LENDING COLLATERAL				551,124,286		20.1	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,795,878,957)			$	3,285,748,908		119.8	%

See accompanying Notes to Financial Statements.

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (5.2%)
COMMON STOCKS — (5.2%)
# BHP Billiton, Ltd.		360,962	$	15,176,199		0.7	%
Other Securities				110,125,897		5.2	%
TOTAL — AUSTRALIA				125,302,096		5.9	%
AUSTRIA — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				9,959,037		0.5	%
BELGIUM — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				20,748,743		1.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				8		0.0	%
TOTAL — BELGIUM				20,748,751		1.0	%
CANADA — (7.4%)
COMMON STOCKS — (7.4%)
# EnCana Corp.		108,800		9,801,417		0.5	%
# Manulife Financial Corp.		214,690		8,290,716		0.4	%
Potash Corp. of Saskatchewan, Inc.		46,500		9,234,949		0.4	%
* Research In Motion, Ltd.		73,300		10,137,030		0.5	%
# Royal Bank of Canada		210,980		10,786,820		0.5	%
Suncor Energy, Inc.		133,958		9,142,202		0.4	%
Other Securities				120,029,017		5.6	%
TOTAL — CANADA				177,422,151		8.3	%
DENMARK — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				22,189,167		1.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				159,182		0.0	%
TOTAL — DENMARK				22,348,349		1.0	%
FINLAND — (1.4%)
COMMON STOCKS — (1.4%)
Nokia Oyj		422,721		12,050,142		0.6	%
Other Securities				21,572,592		1.0	%
TOTAL — FINLAND				33,622,734		1.6	%
FRANCE — (8.0%)
COMMON STOCKS — (7.9%)
# BNP Paribas SA		122,464		12,630,415		0.6	%
Sanofi - Aventis		111,839		8,338,426		0.4	%
# Total SA		235,328		20,509,874		1.0	%
Other Securities				149,067,051		6.9	%
TOTAL COMMON STOCKS				190,545,766		8.9	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				1,283,283		0.1	%
TOTAL — FRANCE				191,829,049		9.0	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (7.3%)
COMMON STOCKS — (7.3%)
Allianz SE		46,204	$	8,740,747		0.4	%
BASF AG		65,207		9,756,725		0.5	%
Daimler AG		117,627		8,942,371		0.4	%
E.ON AG		76,335		16,195,878		0.8	%
RWE AG Series A		67,377		8,701,385		0.4	%
Siemens AG		83,409		9,451,784		0.4	%
Other Securities				112,310,359		5.3	%
TOTAL — GERMANY				174,099,249		8.2	%
GREECE — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				13,553,567		0.6	%
HONG KONG — (1.7%)
COMMON STOCKS — (1.7%)
Other Securities				41,479,563		1.9	%
IRELAND — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				12,482,530		0.6	%
ITALY — (3.0%)
COMMON STOCKS — (3.0%)
Enel SpA		697,674		7,845,191		0.4	%
# Eni SpA		285,395		11,644,243		0.6	%
# UniCredito Italiano SpA		1,478,873		10,345,681		0.5	%
Other Securities				43,054,220		1.9	%
TOTAL COMMON STOCKS				72,889,335		3.4	%
PREFERRED STOCKS — (0.0%)
Other Securities				50,791		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				4,543		0.0	%
TOTAL — ITALY				72,944,669		3.4	%
JAPAN — (17.9%)
COMMON STOCKS — (17.9%)
Mitsubishi UFJ Financial Group, Inc.		990,882		10,076,840		0.5	%
Mitsubishi UFJ Financial Group, Inc. ADR		879,800		8,929,970		0.4	%
Mizuho Financial Group, Inc.		1,541		8,093,100		0.4	%
Nintendo Co., Ltd.		16,200		8,922,916		0.4	%
Sumitomo Mitsui Financial Group, Inc.		996		8,581,450		0.4	%
Takeda Pharmaceutical Co., Ltd.		137,900		7,994,253		0.4	%
Toyota Motor Corp.		323,900		16,542,962		0.8	%
Other Securities				361,010,102		16.8	%
TOTAL — JAPAN				430,151,593		20.1	%
NETHERLANDS — (2.9%)
COMMON STOCKS — (2.9%)
ArcelorMittal		129,106		12,814,056		0.6	%
ING Groep NV		219,463		8,380,126		0.4	%
Royal Dutch Shell P.L.C. Series A		303,455		12,956,123		0.6	%
Other Securities				36,632,030		1.7	%
TOTAL — NETHERLANDS				70,782,335		3.3	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
NEW ZEALAND — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities			$	2,058,497		0.1	%
NORWAY — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				18,194,632		0.9	%
PORTUGAL — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				6,013,612		0.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				4,772		0.0	%
TOTAL — PORTUGAL				6,018,384		0.3	%
SINGAPORE — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				21,420,302		1.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				28,843		0.0	%
TOTAL — SINGAPORE				21,449,145		1.0	%
SPAIN — (3.6%)
COMMON STOCKS — (3.6%)
Banco Bilbao-Vizcaya Argentaria SA Sponsored ADR		489,400		10,918,514		0.5	%
# Banco Santander Central Hispano SA		566,687		11,821,115		0.6	%
Telefonica SA		405,073		11,615,270		0.5	%
Other Securities				51,132,330		2.4	%
TOTAL — SPAIN				85,487,229		4.0	%
SWEDEN — (1.9%)
COMMON STOCKS — (1.9%)
Other Securities				45,062,355		2.1	%
SWITZERLAND — (5.8%)
COMMON STOCKS — (5.8%)
Nestle SA		61,357		30,178,750		1.4	%
# Novartis AG		239,486		12,576,193		0.6	%
Roche Holding AG Genusschein		107,214		18,494,432		0.9	%
Other Securities				77,365,787		3.6	%
TOTAL COMMON STOCKS				138,615,162		6.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				337,119		0.0	%
TOTAL — SWITZERLAND				138,952,281		6.5	%
UNITED KINGDOM — (16.8%)
COMMON STOCKS — (16.8%)
Anglo American P.L.C.		211,678		14,423,981		0.7	%
BG Group P.L.C.		434,325		10,923,618		0.5	%
BHP Billiton P.L.C.		251,116		9,553,147		0.5	%
BP P.L.C.		2,255,040		27,224,374		1.3	%
British American Tobacco P.L.C.		273,139		10,221,718		0.5	%
GlaxoSmithKline P.L.C.		629,019		13,930,677		0.7	%
HSBC Holdings P.L.C.		1,242,796		20,967,558		1.0	%
HSBC Holdings P.L.C. Sponsored ADR		98,000		8,252,580		0.4	%
Rio Tinto P.L.C.		114,511		13,772,938		0.7	%
Royal Dutch Shell P.L.C. ADR		120,400		10,081,092		0.5	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Royal Dutch Shell P.L.C. Series B		303,924	$	12,697,278		0.6	%
Tesco P.L.C.		1,179,771		9,691,388		0.5	%
Vodafone Group P.L.C.		6,093,647		19,567,474		0.9	%
Xstrata P.L.C.		115,064		9,104,896		0.4	%
Other Securities				213,360,003		9.7	%
TOTAL COMMON STOCKS				403,772,722		18.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				849,918		0.1	%
TOTAL — UNITED KINGDOM				404,622,640		19.0	%
UNITED STATES — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				899,764		0.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $7,680,000 FHLMC 6.584%(r), 03/01/37, valued at $6,206,476) to be repurchased at $6,113,988	$	6,113		6,113,000		0.3	%
SECURITIES LENDING COLLATERAL — (11.5%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $307,968,985 FHLMC, rates ranging from 4.500% to 6.500%, maturities ranging from 07/01/19 to 11/01/37 & FNMA, rates ranging from 4.818%(r) to 6.465%(r), maturities ranging from 06/01/33 to 09/01/45, valued at $227,451,929) to be repurchased at $223,035,756		222,992		222,992,087		10.4	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $55,963,311 FNMA 5.000%, 04/01/38 & 5.000%, 05/01/38, valued at $54,063,895) to be repurchased at $53,010,291		53,000		53,000,000		2.5	%
TOTAL SECURITIES LENDING COLLATERAL				275,992,087		12.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,799,860,790)			$	2,401,575,687		112.5	%

See accompanying Notes to Financial Statements.

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.9%)
COMMON STOCKS — (4.9%)
Australia & New Zealand Banking Group, Ltd.		376,573	$	7,815,172		0.3	%
Commonwealth Bank of Australia		214,475		8,686,772		0.3	%
National Australia Bank, Ltd.		246,013		7,373,649		0.2	%
Other Securities				140,095,557		4.9	%
TOTAL COMMON STOCKS				163,971,150		5.7	%
PREFERRED STOCKS — (0.0%)
Other Securities				47,796		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				12,484		0.0	%
TOTAL — AUSTRALIA				164,031,430		5.7	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				22,957,055		0.8	%
BELGIUM — (1.1%)
COMMON STOCKS — (1.1%)
# Fortis		399,837		9,780,924		0.3	%
Other Securities				27,625,162		1.0	%
TOTAL COMMON STOCKS				37,406,086		1.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				987		0.0	%
TOTAL — BELGIUM				37,407,073		1.3	%
CANADA — (7.0%)
COMMON STOCKS — (7.0%)
# EnCana Corp.		80,000		7,206,924		0.2	%
# Manulife Financial Corp.		182,673		7,054,311		0.2	%
# Royal Bank of Canada		155,257		7,937,858		0.3	%
# Toronto Dominion Bank		120,460		8,715,650		0.3	%
Other Securities				202,510,217		7.1	%
TOTAL COMMON STOCKS				233,424,960		8.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				37,714		0.0	%
TOTAL — CANADA				233,462,674		8.1	%
DENMARK — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				31,181,366		1.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				138,759		0.0	%
TOTAL — DENMARK				31,320,125		1.1	%
FINLAND — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				47,441,478		1.7	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
FRANCE — (6.3%)
COMMON STOCKS — (6.3%)
AXA SA Sponsored ADR		274,912	$	9,726,387		0.3	%
# BNP Paribas SA		146,852		15,145,689		0.5	%
Compagnie de Saint-Gobain		93,414		7,539,452		0.3	%
Sanofi - Aventis ADR		197,895		7,385,441		0.3	%
Total SA Sponsored ADR		81,090		7,075,913		0.3	%
Vivendi SA		201,198		8,462,762		0.3	%
Other Securities				155,618,369		5.4	%
TOTAL COMMON STOCKS				210,954,013		7.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				995,904		0.0	%
TOTAL — FRANCE				211,949,917		7.4	%
GERMANY — (6.4%)
COMMON STOCKS — (6.4%)
Allianz SE		38,332		7,251,544		0.2	%
Allianz SE Sponsered ADR		468,900		8,876,277		0.3	%
Commerzbank AG		208,386		7,347,788		0.3	%
DaimlerChrysler AG		172,726		13,131,169		0.5	%
# Deutsche Bank AG		86,078		9,181,270		0.3	%
# E. ON AG Sponsered ADR		222,070		15,692,443		0.5	%
# Munchener Rueckversicherungs-Gesellschaft AG		44,371		8,312,928		0.3	%
Siemens AG Sponsored ADR		97,300		11,071,767		0.4	%
Other Securities				133,256,374		4.7	%
TOTAL — GERMANY				214,121,560		7.5	%
GREECE — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				33,850,904		1.2	%
HONG KONG — (2.0%)
COMMON STOCKS — (2.0%)
Other Securities				66,264,352		2.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				7,245		0.0	%
TOTAL — HONG KONG				66,271,597		2.3	%
IRELAND — (1.0%)
COMMON STOCKS — (1.0%)
# Allied Irish Banks P.L.C. Sponsored ADR		180,982		7,297,194		0.2	%
Other Securities				24,700,341		0.9	%
TOTAL — IRELAND				31,997,535		1.1	%
ITALY — (2.7%)
COMMON STOCKS — (2.7%)
Eni SpA Sponsored ADR		111,450		9,093,206		0.3	%
Intesa Sanpaolo SpA		1,238,040		8,123,598		0.3	%
# UniCredito Italiano SpA		1,570,241		10,984,860		0.4	%
Other Securities				63,666,070		2.2	%
TOTAL COMMON STOCKS				91,867,734		3.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				10,933		0.0	%
TOTAL — ITALY				91,878,667		3.2	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
JAPAN — (17.5%)
COMMON STOCKS — (17.5%)
Mitsubishi UFJ Financial Group, Inc.		952,520	$	9,686,715		0.3	%
Toyota Motor Corp. Sponsored ADR		138,200		14,103,310		0.5	%
Other Securities				560,997,337		19.6	%
TOTAL — JAPAN				584,787,362		20.4	%
NETHERLANDS — (3.1%)
COMMON STOCKS — (3.1%)
Aegon NV		527,776		8,051,897		0.3	%
ArcelorMittal		152,014		15,087,726		0.5	%
ING Groep NV Sponsered ADR		358,115		13,687,155		0.5	%
Koninklijke Philips Electronics NV		211,137		8,110,819		0.3	%
Other Securities				59,208,002		2.0	%
TOTAL — NETHERLANDS				104,145,599		3.6	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				6,564,037		0.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,054		0.0	%
TOTAL — NEW ZEALAND				6,565,091		0.2	%
NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				33,543,067		1.2	%
PORTUGAL — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				12,211,852		0.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				22,531		0.0	%
TOTAL — PORTUGAL				12,234,383		0.4	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
Other Securities				40,044,404		1.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				32,766		0.0	%
TOTAL — SINGAPORE				40,077,170		1.4	%
SPAIN — (3.0%)
COMMON STOCKS — (3.0%)
# Banco Bilbao-Vizcaya Argentaria SA Sponsored ADR		640,476		14,289,020	��	0.5	%
# Banco Santander SA Sponsored ADR		881,996		18,433,716		0.7	%
Other Securities				69,091,979		2.4	%
TOTAL — SPAIN				101,814,715		3.6	%
SWEDEN — (2.2%)
COMMON STOCKS — (2.2%)
Other Securities				74,064,701		2.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				26		0.0	%
TOTAL — SWEDEN				74,064,727		2.6	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SWITZERLAND — (5.7%)
COMMON STOCKS — (5.7%)
Compagnie Financiere Richemont AG Series A		121,838	$	7,593,986		0.3	%
Credit Suisse Group Sponsered ADR		301,415		15,339,009		0.5	%
Nestle SA		46,170		22,708,947		0.8	%
Novartis AG ADR		272,402		14,260,245		0.5	%
Roche Holding AG Genusschein		80,105		13,818,125		0.5	%
Swiss Re		117,132		9,104,006		0.3	%
Zurich Financial SVCS AG		48,442		14,216,893		0.5	%
Other Securities				95,250,586		3.3	%
TOTAL COMMON STOCKS				192,291,797		6.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				195,903		0.0	%
TOTAL — SWITZERLAND				192,487,700		6.7	%
UNITED KINGDOM — (15.2%)
COMMON STOCKS — (15.2%)
Anglo American P.L.C.		142,644		9,719,925		0.3	%
Aviva P.L.C.		833,627		10,417,885		0.4	%
# Barclays P.L.C. Sponsered ADR		270,000		8,081,100		0.3	%
BP P.L.C. Sponsored ADR		374,500		27,154,995		1.0	%
# HSBC Holdings P.L.C. Sponsered ADR		443,672		37,361,619		1.3	%
Royal Bank of Scotland Group P.L.C.		1,897,696		8,601,084		0.3	%
Royal Dutch Shell P.L.C. ADR		315,537		26,419,913		0.9	%
Tesco P.L.C.		849,341		6,977,026		0.2	%
Vodafone Group P.L.C. Sponsered ADR		931,431		29,889,621		1.0	%
Other Securities				343,325,152		12.0	%
TOTAL COMMON STOCKS				507,948,320		17.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				690,543		0.0	%
TOTAL — UNITED KINGDOM				508,638,863		17.7	%
UNITED STATES — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				1,105,393		0.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $16,300,000 FHLMC 6.04%(r), 11/01/36, valued at $13,363,464) to be repurchased at $13,164,128	$	13,162		13,162,000		0.5	%
SECURITIES LENDING COLLATERAL — (14.7%)
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $56,046,551 FNMA 6.000%, 03/01/37, valued at $51,000,001) to be repurchased at $50,009,583		50,000		50,000,000		1.7	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $820,998,290 FHLMC, rates ranging from 4.500% to 6.500%, maturities ranging from 10/01/18 to 05/01/38 & FNMA, rates ranging from 4.250%(r) to 5.709%(r), maturities ranging from 09/01/15 to 02/01/38, valued at $450,485,525) to be repurchased at $441,738,965		441,652		441,652,475		15.4	%
TOTAL SECURITIES LENDING COLLATERAL				491,652,475		17.1	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,285,243,430)			$	3,350,968,560		116.8	%

See accompanying Notes to Financial Statements.

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (0.3%)
COMMON STOCKS — (0.3%)
National Australia Bank, Ltd.		2,331	$	69,866		0.1	%
Other Securities				136,145		0.2	%
TOTAL — AUSTRALIA				206,011		0.3	%
AUSTRIA — (0.1%)
COMMON STOCKS — (0.1%)
Wienerberger AG		1,417		75,047		0.1	%
BELGIUM — (0.2%)
COMMON STOCKS — (0.2%)
Fortis		3,111		76,102		0.1	%
Other Securities				20,434		0.1	%
TOTAL — BELGIUM				96,536		0.2	%
BRAZIL — (0.3%)
COMMON STOCKS — (0.3%)
Petroleo Brasileiro SA ADR (71654V101)		1,000		60,440		0.1	%
Petroleo Brasileiro SA ADR (71654V408)		800		56,400		0.1	%
Other Securities				50,676		0.1	%
TOTAL — BRAZIL				167,516		0.3	%
CANADA — (0.7%)
COMMON STOCKS — (0.7%)
Petro-Canada		900		51,929		0.1	%
Yamana Gold, Inc.		2,900		44,831		0.1	%
Other Securities				332,241		0.5	%
TOTAL — CANADA				429,001		0.7	%
CHINA — (0.6%)
COMMON STOCKS — (0.6%)
Chaoda Modern Agriculture		32,000		45,102		0.1	%
Shanghai Industrial Holdings, Ltd.		17,000		62,971		0.1	%
Shimao Property Holdings, Ltd.		29,000		48,398		0.1	%
Other Securities				241,182		0.3	%
TOTAL — CHINA				397,653		0.6	%
DENMARK — (0.1%)
COMMON STOCKS — (0.1%)
A P Moller - Maersk A.S.		4		49,834		0.1	%
Other Securities				37,717		0.0	%
TOTAL — DENMARK				87,551		0.1	%
FINLAND — (0.4%)
COMMON STOCKS — (0.4%)
Rautaruukki Oyj Series K		880		46,851		0.1	%
Other Securities				178,531		0.3	%
TOTAL — FINLAND				225,382		0.4	%
FRANCE — (1.0%)
COMMON STOCKS — (1.0%)
BNP Paribas SA		748		77,145		0.1	%
Nexans SA		641		87,423		0.1	%
Schneider Electric SA		620		77,820		0.1	%
Other Securities				378,655		0.7	%
TOTAL — FRANCE				621,043		1.0	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (1.1%)
COMMON STOCKS — (1.1%)
Commerzbank AG		2,296	$	80,958		0.1	%
Continental AG		373		46,964		0.1	%
Deutsche Bank AG		786		83,836		0.2	%
Deutsche Telekom AG Sponsored ADR		2,700		45,198		0.1	%
E.ON AG		369		78,290		0.1	%
Other Securities				323,586		0.5	%
TOTAL — GERMANY				658,832		1.1	%
HONG KONG — (0.3%)
COMMON STOCKS — (0.3%)
Cheung Kong Holdings, Ltd.		3,000		46,200		0.1	%
Other Securities				135,519		0.2	%
TOTAL — HONG KONG				181,719		0.3	%
ISRAEL — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				7,000		0.0	%
ITALY — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				278,769		0.4	%
JAPAN — (2.5%)
COMMON STOCKS — (2.5%)
* Idemitsu Kosan Co., Ltd.		500		53,730		0.1	%
Millea Holdings, Inc.		1,100		45,415		0.1	%
Nintendo Co., Ltd.		100		55,080		0.1	%
* Sbi Holdings, Inc.		161		47,436		0.1	%
Other Securities				1,371,791		2.2	%
TOTAL — JAPAN				1,573,452		2.6	%
NETHERLANDS — (0.6%)
COMMON STOCKS — (0.6%)
Aegon NV		5,010		76,434		0.1	%
Akzo Nobel NV		741		62,687		0.1	%
ArcelorMittal		490		48,634		0.1	%
Koninklijke DSM NV		764		46,800		0.1	%
Other Securities				107,201		0.2	%
TOTAL — NETHERLANDS				341,756		0.6	%
NORWAY — (0.2%)
COMMON STOCKS — (0.2%)
Storebrand ASA		5,000		47,608		0.1	%
Other Securities				57,225		0.1	%
TOTAL — NORWAY				104,833		0.2	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				38,652		0.1	%
SINGAPORE — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				131,931		0.2	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SOUTH AFRICA — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities			$	132,019		0.2	%
SOUTH KOREA — (2.1%)
COMMON STOCKS — (2.1%)
Hanjin Shipping Co., Ltd.		1,000		45,614		0.1	%
POSCO ADR		600		81,990		0.1	%
Other Securities				1,165,371		1.9	%
TOTAL — SOUTH KOREA				1,292,975		2.1	%
SPAIN — (0.4%)
COMMON STOCKS — (0.4%)
Repsol YPF SA Sponsored ADR		1,100		45,584		0.1	%
Other Securities				180,171		0.3	%
TOTAL — SPAIN				225,755		0.4	%
SWEDEN — (0.4%)
COMMON STOCKS — (0.4%)
Svenska Handelsbanken AB Series A		2,600		72,459		0.1	%
Other Securities				180,146		0.3	%
TOTAL — SWEDEN				252,605		0.4	%
SWITZERLAND — (0.8%)
COMMON STOCKS — (0.8%)
Clariant AG		4,307		48,097		0.1	%
Roche Holding AG Genusschein		680		117,300		0.2	%
Swiss Re		928		72,128		0.1	%
Zurich Financial SVCS AG		256		75,132		0.1	%
Other Securities				195,121		0.3	%
TOTAL — SWITZERLAND				507,778		0.8	%
TAIWAN — (1.3%)
COMMON STOCKS — (1.3%)
Other Securities				828,951		1.4	%
UNITED KINGDOM — (2.3%)
COMMON STOCKS — (2.3%)
Barclays P.L.C. Sponsored ADR		2,000		59,860		0.1	%
BP P.L.C. Sponsored ADR		800		58,008		0.1	%
British Airways P.L.C.		9,854		45,449		0.1	%
DSG International P.L.C.		62,674		72,313		0.1	%
Enterprise Inns P.L.C.		4,828		44,691		0.1	%
HSBC Holdings P.L.C. Sponsored ADR		1,100		92,631		0.2	%
Man Group P.L.C.		7,101		87,430		0.1	%
Punch Taverns P.L.C.		6,948		76,419		0.1	%
Royal Dutch Shell P.L.C. ADR		2,100		175,833		0.3	%
Standard Life P.L.C.		15,951		79,396		0.1	%
Vodafone Group P.L.C. Sponsored ADR		3,000		96,270		0.2	%
Yell Group P.L.C.		23,796		59,526		0.1	%
Other Securities				496,832		0.8	%
TOTAL COMMON STOCKS				1,444,658		2.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,779		0.0	%
TOTAL — UNITED KINGDOM				1,446,437		2.4	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
AFFILIATED INVESTMENT COMPANIES — (80.9%)
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		3,033	$	41,155,790		67.6	%
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		441		8,983,314		14.7	%
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES				50,139,104		82.3	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (2.5%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $1,915,000 FNMA 6.50%, 09/01/37, valued at $1,584,423) to be repurchased at $1,557,252	$	1,557		1,557,000		2.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $60,545,727)			$	62,005,308		101.8	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS
May 31, 2008
(Unaudited)

INTERNATIONAL SMALL COMPANY PORTFOLIO

			Value†
AFFILIATED INVESTMENT COMPANIES — (99.9%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company			$	1,987,831,833
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				1,229,111,543
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				1,000,099,683
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				917,533,693
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				428,182,850
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $4,594,776,267)				5,562,759,602
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $4,600,000 FNMA 5.50%, 02/25/36, valued at $3,619,887) to be repurchased at $3,565,576 (Cost $3,565,000)	$	3,565		3,565,000
TOTAL INVESTMENTS — (100.0%) (Cost $4,598,341,267)			$	5,566,324,602

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
May 31, 2008
(Unaudited)

JAPANESE SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Japanese Small Company Series of The DFA Investment Trust Company	$	200,253,418
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $298,987,757)	$	200,253,418

ASIA PACIFIC SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company	$	147,558,614
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $133,119,121)	$	147,558,614

UNITED KINGDOM SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company	$	46,506,274
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $39,966,409)	$	46,506,274

CONTINENTAL SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	190,167,036
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $158,218,656)	$	190,167,036

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (23.7%)
COMMON STOCKS — (23.7%)
# CFS Retail Property Trust		4,349,305	$	8,656,290		1.6	%
Commonwealth Property Office Fund		4,075,870		5,070,930		0.9	%
DB RREEF Trust		8,994,301		13,605,542		2.5	%
Goodman Group		3,971,483		15,217,713		2.8	%
GPT Group		6,496,214		17,907,213		3.3	%
# ING Industrial Fund		2,880,741		5,499,485		1.0	%
ING Office Fund		3,333,798		4,227,262		0.8	%
# Macquarie Country Wide Trust		3,016,414		3,406,240		0.6	%
Macquarie Office Trust		5,673,085		5,212,274		0.9	%
Stockland Trust Group		4,389,153		26,504,261		4.8	%
Westfield Group Stapled		1,596,599		26,066,252		4.8	%
Other Securities				18,469,193		3.3	%
TOTAL — AUSTRALIA				149,842,655		27.3	%
BELGIUM — (1.7%)
COMMON STOCKS — (1.7%)
Befimmo S.C.A.		32,146		3,710,208		0.7	%
# Cofinimmo SA		22,117		4,132,601		0.8	%
Other Securities				2,956,242		0.5	%
TOTAL — BELGIUM				10,799,051		2.0	%
CANADA — (5.1%)
COMMON STOCKS — (5.1%)
# Boardwalk REIT		67,716		2,872,614		0.5	%
# H&R REIT		188,900		3,745,300		0.7	%
# Riocan REIT		304,033		6,535,975		1.2	%
Other Securities				19,290,536		3.5	%
TOTAL — CANADA				32,444,425		5.9	%
CHINA — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				392,141		0.1	%
FRANCE — (9.0%)
COMMON STOCKS — (9.0%)
# Fonciere des Regions		46,612		6,345,947		1.2	%
Klepierre SA		196,986		11,656,386		2.1	%
# Mercialys		97,412		4,909,132		0.9	%
# Societe Immobiliere de Location pour l'Industrie et le Commerce		39,225		5,428,872		1.0	%
# Unibail-Rodamco		85,822		22,322,381		4.1	%
Other Securities				6,461,082		1.1	%
TOTAL — FRANCE				57,123,800		10.4	%
GERMANY — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				511,155		0.1	%
GREECE — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				351,733		0.0	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
The Link REIT		5,908,165	$	14,818,246		2.7	%
Other Securities				2,239,630		0.4	%
TOTAL — HONG KONG				17,057,876		3.1	%
JAPAN — (14.8%)
COMMON STOCKS — (14.8%)
# Global One Real Estate Investment Co.		246		2,798,724		0.5	%
Japan Prime Realty Investment Corp.		1,550		5,129,751		0.9	%
Japan Real Estate Investment Corp.		960		11,834,188		2.2	%
Japan Retail Fund Investment		943		6,131,919		1.1	%
# Kenedix Realty Investment Corp.		467		2,898,110		0.5	%
MORI TRUST Sogo REIT, Inc.		308		2,919,865		0.5	%
Nippon Building Fund, Inc.		1,255		16,663,512		3.0	%
Nippon Commercial Investment Corp.		684		2,545,952		0.5	%
Nomura Real Estate Office Fund, Inc.		648		5,158,221		0.9	%
# ORIX JREIT, Inc.		660		4,255,807		0.8	%
# TOKYU REIT, Inc.		412		3,422,569		0.6	%
Other Securities				29,817,759		5.6	%
TOTAL — JAPAN				93,576,377		17.1	%
NETHERLANDS — (4.5%)
COMMON STOCKS — (4.5%)
Corio NV		114,957		10,078,627		1.8	%
Eurocommercial Properties NV		65,578		3,641,950		0.7	%
VastNed Retail NV		44,255		4,031,349		0.7	%
Wereldhave NV		58,780		6,854,590		1.3	%
Other Securities				3,722,919		0.7	%
TOTAL — NETHERLANDS				28,329,435		5.2	%
NEW ZEALAND — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				5,910,997		1.1	%
SINGAPORE — (4.6%)
COMMON STOCKS — (4.6%)
Ascendas REIT		2,498,000		4,527,122		0.8	%
# Capitacommercial Trust		2,458,000		4,068,181		0.7	%
# CapitaMall Trust		3,033,000		7,373,362		1.3	%
# Suntec REIT		2,712,000		3,331,846		0.6	%
Other Securities				9,849,798		1.9	%
TOTAL — SINGAPORE				29,150,309		5.3	%
SOUTH AFRICA — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				4,886,663		0.9	%
TAIWAN — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				1,323,839		0.2	%
UNITED KINGDOM — (17.4%)
COMMON STOCKS — (17.4%)
British Land Co. P.L.C.		1,353,191		21,492,664		3.9	%
Brixton P.L.C.		933,583		4,833,490		0.9	%
Derwent London P.L.C.		227,902		5,323,871		1.0	%
Great Portland Estates P.L.C.		607,438		4,657,745		0.8	%
Hammerson P.L.C.		849,007		15,402,309		2.8	%
Land Securities Group P.L.C.		731,159		20,472,954		3.7	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
# Liberty International P.L.C.		788,086	$	13,789,555		2.5	%
Segro P.L.C		1,332,078		11,000,580		2.0	%
Shaftesbury P.L.C.		487,426		4,424,376		0.8	%
Other Securities				8,914,549		1.7	%
TOTAL — UNITED KINGDOM				110,312,093		20.1	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $3,065,000 FHLMC 6.003%(r), 01/01/37, valued at $2,640,033) to be repurchased at $2,600,420	$	2,600		2,600,000		0.5	%
SECURITIES LENDING COLLATERAL — (14.0%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $190,641,218 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 10/01/32 to 05/01/38 & FNMA, rates ranging from 4.679%(r) to 5.095%(r), maturities ranging from 12/01/11 to 12/01/35, valued at $90,594,258) to be repurchased at $88,835,293		88,818		88,817,899		16.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $718,509,423)			$	633,430,448		115.5	%

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (8.2%)
COMMON STOCKS — (8.2%)
# ABB Grain, Ltd.		2,915,437	$	29,507,315		0.4	%
Adelaide Brighton, Ltd.		10,937,983		38,210,677		0.5	%
# Centennial Coal Co., Ltd.		7,996,000		38,987,572		0.5	%
Downer EDI, Ltd.		3,988,757		27,494,434		0.3	%
Futuris Corp., Ltd.		19,369,028		33,134,152		0.4	%
# Gunns, Ltd.		10,967,619		31,702,976		0.4	%
# Incitec Pivot, Ltd.		353,794		58,919,349		0.7	%
Onesteel, Ltd.		5,004,023		34,553,774		0.4	%
Pacific Brands, Ltd.		14,821,542		30,081,433		0.4	%
Other Securities				523,648,907		5.9	%
TOTAL COMMON STOCKS				846,240,589		9.9	%
PREFERRED STOCKS — (0.0%)
Other Securities				2,695,681		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				161,101		0.0	%
TOTAL — AUSTRALIA				849,097,371		9.9	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				68,276,017		0.8	%
BELGIUM — (1.2%)
COMMON STOCKS — (1.2%)
Other Securities				125,544,746		1.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				145		0.0	%
TOTAL — BELGIUM				125,544,891		1.5	%
CANADA — (7.2%)
COMMON STOCKS — (7.2%)
* Celestica, Inc.		3,826,647		33,814,373		0.4	%
IAMGOLD Corp.		5,508,673		32,655,076		0.4	%
# Laurentian Bank of Canada		699,800		29,940,115		0.4	%
* MDS, Inc.		1,985,527		37,308,564		0.4	%
* Saskatchewan Wheat Pool, Inc.		3,065,100		41,953,865		0.5	%
Savanna Energy Services Corp.		1,294,587		27,895,640		0.3	%
* Sino-Forest Corp.		2,967,406		62,119,610		0.7	%
Other Securities				475,690,343		5.6	%
TOTAL COMMON STOCKS				741,377,586		8.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				3,459,360		0.0	%
TOTAL — CANADA				744,836,946		8.7	%
DENMARK — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				84,905,075		1.0	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
FINLAND — (2.0%)
COMMON STOCKS — (2.0%)
OKO Bank P.L.C. Class A		1,697,460	$	34,962,484		0.4	%
Rautaruukki Oyj Series K		1,108,900		59,037,205		0.7	%
Other Securities				109,894,215		1.3	%
TOTAL — FINLAND				203,893,904		2.4	%
FRANCE — (6.2%)
COMMON STOCKS — (6.2%)
# Arkema		886,609		56,633,839		0.7	%
* Atos Origin SA		770,786		45,512,620		0.5	%
# Establissements Maurel et Prom		1,094,817		27,383,478		0.3	%
# Havas SA		8,111,619		35,859,586		0.4	%
Nexans SA		593,945		81,005,506		0.9	%
Rallye SA		413,283		31,398,677		0.4	%
* UbiSoft Entertainment SA		359,030		34,806,120		0.4	%
Valeo SA		1,231,192		49,105,781		0.6	%
Other Securities				281,154,153		3.3	%
TOTAL COMMON STOCKS				642,859,760		7.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				23,887		0.0	%
TOTAL — FRANCE				642,883,647		7.5	%
GERMANY — (5.5%)
COMMON STOCKS — (5.5%)
# Bilfinger Berger AG		765,357		70,373,930		0.8	%
# Norddeutsche Affinerie AG		1,148,031		54,927,714		0.7	%
# Salzgitter AG		262,419		51,558,503		0.6	%
Other Securities				386,523,270		4.5	%
TOTAL — GERMANY				563,383,417		6.6	%
GREECE — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				65,803,777		0.8	%
HONG KONG — (2.4%)
COMMON STOCKS — (2.4%)
Other Securities				252,212,760		2.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				884,589		0.0	%
TOTAL — HONG KONG				253,097,349		2.9	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				70,948,185		0.8	%
ITALY — (1.8%)
COMMON STOCKS — (1.8%)
Other Securities				185,346,608		2.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				253,296		0.0	%
TOTAL — ITALY				185,599,904		2.2	%
JAPAN — (19.8%)
COMMON STOCKS — (19.8%)
Other Securities				2,045,021,933		23.8	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
MALAYSIA — (0.0%)
RIGHTS/WARRANTS — (0.0%)
Other Securities			$	11,848		0.0	%
NETHERLANDS — (2.2%)
COMMON STOCKS — (2.2%)
Nutreco Holding NV		1,019,539		74,060,534		0.9	%
# Oce NV		2,295,691		32,340,190		0.4	%
Other Securities				117,333,453		1.3	%
TOTAL — NETHERLANDS				223,734,177		2.6	%
NEW ZEALAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				28,158,347		0.3	%
NORWAY — (1.3%)
COMMON STOCKS — (1.3%)
Other Securities				137,114,331		1.6	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				12,621,262		0.1	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
Other Securities				124,518,202		1.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				29,523		0.0	%
TOTAL — SINGAPORE				124,547,725		1.4	%
SPAIN — (1.3%)
COMMON STOCKS — (1.3%)
# Ebro Puleva SA		1,492,857		30,049,483		0.4	%
Other Securities				105,070,019		1.2	%
TOTAL COMMON STOCKS				135,119,502		1.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				170,991		0.0	%
TOTAL — SPAIN				135,290,493		1.6	%
SWEDEN — (1.5%)
COMMON STOCKS — (1.5%)
# Trelleborg AB Series B		1,445,214		27,009,905		0.3	%
Other Securities				125,158,723		1.5	%
TOTAL — SWEDEN				152,168,628		1.8	%
SWITZERLAND — (4.0%)
COMMON STOCKS — (4.0%)
Baloise-Holding AG		316,202		35,997,206		0.4	%
PSP Swiss Property AG		588,827		36,339,652		0.4	%
Other Securities				341,155,513		4.0	%
TOTAL — SWITZERLAND				413,492,371		4.8	%
UNITED KINGDOM — (13.0%)
COMMON STOCKS — (13.0%)
Amlin P.L.C.		13,628,903		78,377,439		0.9	%
Bellway P.L.C.		3,481,205		42,936,565		0.5	%
Bodycote P.L.C.		10,063,146		46,104,691		0.6	%
Bovis Homes Group P.L.C.		4,184,856		34,309,244		0.4	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares			Value††		Percentage of Net Assets**
Brit Insurance Holdings P.L.C.		10,118,189		$	43,453,104		0.5	%
Catlin Group, Ltd.		4,763,611			37,225,051		0.4	%
DS Smith P.L.C.		12,895,987			34,280,992		0.4	%
Greene King P.L.C.		3,287,988			35,214,461		0.4	%
# Henderson Group P.L.C.		12,413,150			31,456,642		0.4	%
Hiscox, Ltd.		10,621,831			50,004,328		0.6	%
Marston's P.L.C.		6,498,608			28,641,797		0.3	%
Millennium and Copthorne Hotels P.L.C.		4,451,429			33,820,376		0.4	%
# Signet Group P.L.C.		44,044,736			54,123,093		0.6	%
Travis Perkins P.L.C.		2,435,107			40,323,108		0.5	%
Trinity Mirror P.L.C.		8,578,803			38,696,247		0.5	%
Other Securities					715,944,313		8.3	%
TOTAL — UNITED KINGDOM					1,344,911,451		15.7	%
	Face Amount			Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 11/01/36, 06/02/08 (Collateralized by $18,315,000 FHLMC 6.04%(r), valued at $15,015,451) to be repurchased at $14,792,391	$	14,790			14,790,000		0.2	%
SECURITIES LENDING COLLATERAL — (17.8%)
@ Repurchase Agreement, Barclays Capital Inc. 2.30%, 06/02/08 (Collateralized by $763,915,000 FHLB 2.535%(y), 07/10/09; FHLMC 4.230%, 05/07/13; & FNMA 6.625%, 09/15/09, valued at $800,009,133) to be repurchased at $784,472,193		784,322	��		784,321,865		9.2	%
@ Repurchase Agreement, Deutsche Bank Securities 2.28%, 06/02/08 (Collateralized by $9,292,553 U.S. Treasury Bill 1.900%, 09/18/08, valued at $1,680) to be repurchased at $9,041,165		9,039			9,039,448		0.1	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $701,922,900 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 11/01/22 to 03/01/38, valued at $458,340,196) to be repurchased at $449,438,997		449,352			449,351,748		5.2	%
@ Repurchase Agreement, Merrill Lynch 2.36%, 06/02/08 (Collateralized by $888,836,867 FNMA, rates ranging from 4.002%(y) to 6.531%(y), maturities ranging from 12/01/33 to 06/01/42, valued at $612,000,641) to be repurchased at $600,118,000		600,000			600,000,000		7.0	%
TOTAL SECURITIES LENDING COLLATERAL					1,842,713,061		21.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,324,471,752)				$	10,332,846,110		120.5	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
May 31, 2008
(Unaudited)

EMERGING MARKETS PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$	3,045,292,409
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $1,534,817,001)	$	3,045,292,409

EMERGING MARKETS SMALL CAP PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company	$	1,271,633,491
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $984,674,058)	$	1,271,633,491

See accompanying Notes to Financial Statements.

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
BRAZIL — (12.9%)
COMMON STOCKS — (2.8%)
# Companhia Siderurgica Nacional SA Sponsored ADR		447,684	$	22,012,622		1.1	%
Companhia Vale do Rio Doce ADR		361,200		14,368,536		0.7	%
Other Securities				24,928,775		1.2	%
TOTAL COMMON STOCKS				61,309,933		3.0	%
PREFERRED STOCKS — (10.1%)
Banco Bradesco SA Sponsored ADR		813,750		19,538,138		1.0	%
Banco Itau Holding Financeira SA ADR		448,000		13,758,080		0.7	%
Companhia Vale do Rio Doce Series A		237,528		7,918,087		0.4	%
Companhia Vale do Rio Doce Sponsored ADR		488,800		16,096,184		0.8	%
# Gerdau SA Sponsored ADR		340,850		17,028,866		0.8	%
Investimentos Itau SA		1,852,048		13,333,835		0.7	%
Metalurgica Gerdau SA		197,450		13,657,009		0.7	%
Unibanco-Uniao de Bancos Brasileiros SA ADR		91,947		14,423,726		0.7	%
Unibanco-Uniao de Bancos Brasileiros Units SA		472,900		7,370,437		0.4	%
Usinas Siderurgicas de Minas Gerais SA Series A		330,300		17,768,982		0.9	%
Other Securities				86,602,762		4.2	%
TOTAL PREFERRED STOCKS				227,496,106		11.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				26,498		0.0	%
TOTAL — BRAZIL				288,832,537		14.3	%
CHILE — (2.1%)
COMMON STOCKS — (2.1%)
Other Securities				46,667,110		2.3	%
PREFERRED STOCKS — (0.0%)
Other Securities				388,520		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				86,741		0.0	%
TOTAL — CHILE				47,142,371		2.3	%
CHINA — (10.1%)
COMMON STOCKS — (10.1%)
China Construction Bank Corp.		13,425,000		11,986,215		0.6	%
China Mobile, Ltd. Sponsored ADR		319,741		23,593,688		1.2	%
China Petroleum and Chemical Corp. (Sinopec) ADR		81,800		8,251,166		0.4	%
CNOOC, Ltd. ADR		66,700		11,825,243		0.6	%
* Industrial and Commercial Bank of China (Asia), Ltd.		20,509,000		15,361,468		0.8	%
# PetroChina Co., Ltd. ADR		90,600		12,915,030		0.6	%
Other Securities				142,768,472		7.0	%
TOTAL COMMON STOCKS				226,701,282		11.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,135		0.0	%
TOTAL — CHINA				226,702,417		11.2	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
CZECH REPUBLIC — (1.0%)
COMMON STOCKS — (1.0%)
CEZ A.S.		119,417	$	9,865,661		0.5	%
Other Securities				13,284,800		0.6	%
TOTAL — CZECH REPUBLIC				23,150,461		1.1	%
HUNGARY — (1.4%)
COMMON STOCKS — (1.4%)
#* MOL Hungarian Oil & Gas NYRT		68,349		10,289,463		0.5	%
#* OTP Bank NYRT		257,898		11,629,427		0.6	%
Other Securities				9,190,192		0.4	%
TOTAL — HUNGARY				31,109,082		1.5	%
INDIA — (8.4%)
COMMON STOCKS — (8.4%)
ICICI Bank Sponsored ADR		254,253		9,592,966		0.5	%
Infosys Technologies, Ltd.		159,671		7,396,353		0.4	%
Reliance Communications, Ltd.		858,243		11,635,815		0.6	%
Reliance Industries, Ltd.		492,942		27,864,017		1.4	%
Other Securities				132,218,770		6.5	%
TOTAL COMMON STOCKS				188,707,921		9.4	%
PREFERRED STOCKS — (0.0%)
Other Securities				356,553		0.0	%
TOTAL — INDIA				189,064,474		9.4	%
INDONESIA — (2.6%)
COMMON STOCKS — (2.6%)
PT Bumi Resources Tbk		11,259,500		9,733,157		0.5	%
Other Securities				48,091,658		2.4	%
TOTAL COMMON STOCKS				57,824,815		2.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				40,930		0.0	%
TOTAL — INDONESIA				57,865,745		2.9	%
ISRAEL — (2.6%)
COMMON STOCKS — (2.6%)
Teva Pharmaceutical Industries, Ltd. Sponsored ADR		350,630		16,034,310		0.8	%
Other Securities				42,837,756		2.1	%
TOTAL — ISRAEL				58,872,066		2.9	%
MALAYSIA — (3.8%)
COMMON STOCKS — (3.8%)
Other Securities				85,880,878		4.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				184,039		0.0	%
TOTAL — MALAYSIA				86,064,917		4.3	%
MEXICO — (7.6%)
COMMON STOCKS — (7.6%)
America Movil S.A.B. de C.V. Series L ADR		347,075		20,744,673		1.0	%
Cemex S.A.B. de C.V. Sponsored ADR		625,668		17,793,998		0.9	%
Fomento Economico Mexicano S.A.B. de C.V. Sponsored ADR		257,240		12,103,142		0.6	%
# Grupo Elektra S.A. de C.V.		174,391		6,877,660		0.3	%
# Grupo Financiero Banorte S.A.B. de C.V.		2,073,680		10,067,286		0.5	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Grupo Mexico S.A.B. de C.V. Series B		994,848	$	7,451,937		0.4	%
# Telefonos de Mexico S.A.B. de C.V. Sponsored ADR		225,025		9,275,530		0.5	%
# Wal-Mart de Mexico S.A.B. de C.V. Series V		1,499,339		6,628,085		0.3	%
Other Securities				79,291,065		3.9	%
TOTAL — MEXICO				170,233,376		8.4	%
PHILIPPINES — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				15,829,787		0.8	%
POLAND — (2.5%)
COMMON STOCKS — (2.5%)
Bank Pekao SA		97,129		8,442,832		0.4	%
* Polski Koncern Naftowy Orlen SA		443,752		8,189,243		0.4	%
Other Securities				39,154,371		2.0	%
TOTAL COMMON STOCKS				55,786,446		2.8	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				4,294		0.0	%
TOTAL — POLAND				55,790,740		2.8	%
SOUTH AFRICA — (8.9%)
COMMON STOCKS — (8.9%)
ArcelorMittal South Africa, Ltd.		227,088		7,448,416		0.4	%
Gold Fields, Ltd. Sponsored ADR		534,777		6,914,667		0.3	%
Impala Platinum Holdings, Ltd.		194,437		8,302,701		0.4	%
MTN Group, Ltd.		610,630		12,209,099		0.6	%
Naspers, Ltd. Series N		305,893		7,139,040		0.4	%
Sanlam, Ltd.		2,779,807		7,040,346		0.4	%
Sasol, Ltd. Sponsored ADR		348,100		21,895,490		1.1	%
Standard Bank Group, Ltd.		831,943		9,084,203		0.5	%
Other Securities				120,624,575		5.8	%
TOTAL COMMON STOCKS				200,658,537		9.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				225,979		0.0	%
TOTAL — SOUTH AFRICA				200,884,516		9.9	%
SOUTH KOREA — (10.6%)
COMMON STOCKS — (10.6%)
Kookmin Bank Sponsored ADR		114,168		7,129,792		0.4	%
POSCO ADR		81,940		11,197,101		0.6	%
Samsung Electronics Co., Ltd.		33,997		24,471,643		1.2	%
Other Securities				195,038,948		9.6	%
TOTAL COMMON STOCKS				237,837,484		11.8	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				49,711		0.0	%
TOTAL — SOUTH KOREA				237,887,195		11.8	%
TAIWAN — (10.3%)
COMMON STOCKS — (10.3%)
#* China Life Insurance Co., Ltd. ADR		138,156		8,337,715		0.4	%
Taiwan Semiconductor Manufacturing Co., Ltd.		4,377,409		9,572,854		0.5	%
Other Securities				214,559,574		10.6	%
TOTAL — TAIWAN				232,470,143		11.5	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

			Value††		Percentage of Net Assets**
THAILAND — (2.1%)
COMMON STOCKS — (2.1%)
Other Securities			$	46,587,568		2.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				38,643		0.0	%
TOTAL — THAILAND				46,626,211		2.3	%
TURKEY — (1.9%)
COMMON STOCKS — (1.9%)
Other Securities				43,438,164		2.1	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $4,415,000 FHLMC 6.50%, 09/01/37, valued at $4,209,130) to be repurchased at $4,146,670	$	4,146		4,146,000		0.2	%
SECURITIES LENDING COLLATERAL — (10.3%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $260,118,420 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 02/01/23 to 05/01/38 & FNMA 5.596%(r), 01/01/38, valued at $236,001,360) to be repurchased at $231,419,193		231,374		231,373,882		11.4	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,741,503,414)			$	2,247,484,084		111.1	%

See accompanying Notes to Financial Statements.
52

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS

May 31, 2008
(Unaudited)

DFA ONE-YEAR FIXED INCOME PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA One-Year Fixed Income Series of The DFA Investment Trust Company			$	3,503,275,099
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,493,969,030)		351,029,569	$	3,503,275,099

DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA Two-Year Global Fixed Income Series of The DFA Investment Trust Company		308,002,101	$	3,218,621,955
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,098,289,179)			$	3,218,621,955

See accompanying Notes to Financial Statements.

DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount^		Value†
	(000)
AUSTRALIA — (6.1%)
BONDS — (6.1%)
Australia & New Zealand Banking Group, Ltd.
(z) 6.030%, 07/28/08		4,800	$	3,743,764
Commonwealth Bank of Australia 5.750%, 06/30/08		1,450		1,383,601
National Australia Bank, Ltd. (c) 4.750%, 11/28/08		450		455,782
(g) 4.250%, 12/30/08		215		420,289
Toyota Finance Australia 5.050%, 07/28/08		2,570		2,444,715
Westpac Banking Corp. (z) 6.000%, 06/19/08		4,480		3,505,346
(e) 2.875%, 06/25/08		200		310,678
TOTAL — AUSTRALIA				12,264,175
AUSTRIA — (1.9%)
BONDS — (1.9%)
Austria Government International Bond (z) 6.000%, 09/26/08		2,250		1,746,353
Oesterreichische Kontrollbank AG (g) 6.000%, 06/15/09		1,060		2,105,056
TOTAL — AUSTRIA				3,851,409
CANADA — (1.7%)
BONDS — (1.7%)
Canadian Government (e) 4.500%, 04/28/09		1,671		2,594,498
Wells Fargo Finance Canada 5.000%, 06/16/08		800		805,974
TOTAL — CANADA				3,400,472
DENMARK — (2.9%)
BONDS — (2.9%)
Denmark, Kingdom of 4.000%, 08/15/08		3,300		687,365
Kommunekredit 5.500%, 08/13/09		24,700		5,175,826
TOTAL — DENMARK				5,863,191
FRANCE — (4.3%)
BONDS — (4.3%)
Caisse D'Amortissement de la Dette Sociale (z) 7.000%, 01/30/09		4,380		3,391,282
French Government Note 8.500%, 10/25/08		3,400		5,370,824
TOTAL — FRANCE				8,762,106

	Face Amount^		Value†
	(000)
GERMANY — (5.3%)
BONDS — (5.3%)
Deutsche Bank AG (n) 4.500%, 05/15/09		16,600	$	3,191,314
Kreditanstalt fuer Wiederaufbau (s) 3.750%, 01/28/09		22,000		3,627,894
Landwirtschaftliche Rentenbank 3.375%, 09/22/09		2,300		3,509,183
Norddeutsche Landesbank Girozentrale AG
(j) 0.450%, 01/19/09		32,000		302,697
TOTAL — GERMANY				10,631,088
IRELAND — (1.1%)
BONDS — (1.1%)
General Electric Capital (g) 4.875%, 06/16/08		690		1,365,804
Helaba International Finance (t) 5.000%, 07/30/08		1,000		950,750
TOTAL — IRELAND				2,316,554
JAPAN — (0.8%)
BONDS — (0.8%)
Toyota Motor Credit Corp. (g) 4.000%, 12/11/08		800		1,562,927
NETHERLANDS — (6.0%)
BONDS — (6.0%)
Bank Nederlandse Gemeenten (t) 4.750%, 06/17/08		645		615,673
(t) 4.700%, 06/23/08		210		200,345
(z) 6.326%, 10/16/08		3,950		3,066,804
(g) 4.625%, 12/07/08		255		500,373
Nederlandse Waterschapsbank N.V. (g) 4.625%, 12/30/08		800		1,569,541
Nederlandse Waterschapsbank NV 3.250%, 06/01/08		870		1,353,496
Rabobank Nederland (s) 2.250%, 05/08/09		11,100		1,799,944
3.750%, 09/15/09		1,960		2,996,759
TOTAL — NETHERLANDS				12,102,935
NORWAY — (4.2%)
BONDS — (4.2%)
Eksportfinans (t) 4.960%, 10/23/08		5,000		4,722,344
Kommunalbanken (t) 5.350%, 06/15/09		2,635		2,446,293
5.000%, 07/14/09		7,000		1,355,396
TOTAL — NORWAY				8,524,033

DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount^		Value†
	(000)
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (4.9%)
BONDS — (4.9%)
European Investment Bank (g) 4.500%, 10/23/08		1,100	$	2,165,171
(g) 6.250%, 12/07/08		800		1,586,603
(s) 4.000%, 04/15/09		6,000		990,840
Nordic Investment Bank (t) 4.320%, 06/02/08		2,580		2,465,973
(g) 5.750%, 11/06/08		710		1,403,664
World Bank (International Bank for Reconstruction & Development) (t) 4.030%, 06/26/08		650		619,696
(t) 4.250%, 07/28/08		330		313,565
(z) 5.500%, 11/03/08		425		328,776
TOTAL — SUPRANATIONAL ORGANIZATION OBLIGATIONS				9,874,288
SWEDEN — (5.3%)
BONDS — (5.3%)
City of Stockholm 3.375%, 03/08/10		10,000		1,616,722
Kommuninvest (z) 6.060%, 06/12/08		1,450		1,135,326
(t) 5.100%, 09/29/08		2,550		2,414,208
Svensk Exportkredit AB (d) 5.375%, 10/15/09		15,000		3,125,925
Sweden Government Bond 4.000%, 12/01/09		11,000		1,821,632
Swedish Export Credit Corp. (z) 6.000%, 12/19/08		880		678,990
TOTAL — SWEDEN				10,792,803
UNITED KINGDOM — (6.4%)
BONDS — (6.4%)
Bank of England (e) 3.000%, 01/27/09		1,320		2,030,374
Bank of Scotland 4.250%, 12/17/08		560		1,094,080
BP Capital Markets P.L.C. 5.125%, 12/07/08		325		638,463
5.375%, 01/09/09		2,080		4,088,764
Network Rail Finance P.L.C. 4.875%, 03/06/09		2,620		5,155,134
TOTAL — UNITED KINGDOM				13,006,815
UNITED STATES — (48.3%)
AGENCY OBLIGATIONS — (2.2%)
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		4,500		4,476,564
BONDS — (8.4%)
Banco Santander SA Floating Rate Note (r) 4.731%, 03/16/09		500		775,772
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		600		599,697

	Face Amount^		Value†
	(000)
Deutsche Bank AG Floating Rate Note (r) 4.579%, 09/08/09		1,250	$	1,942,348
General Electric Capital Corp. (g) 4.500%, 12/15/08		175		343,123
(j) 0.750%, 02/05/09		32,000		302,743
General Electric Capital Floating Rate Note (r) 6.228%, 02/01/10		1,400		2,772,900
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		500		494,013
IBM International Group Floating Rate Note (r) 3.584%, 07/29/09		200		200,480
John Deere Capital Corp. Floating Rate Note (r) 2.999%, 10/16/09		2,100		2,095,953
(r) 3.530%, 02/26/10		500		499,648
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		600		598,425
(r) 2.748%, 05/07/10		1,500		1,483,077
Paccar Financial Corp. Floating Rate Note (r) 4.966%, 09/21/09		300		299,237
Paccar Financial Europe Floating Rate Note (r) 4.858%, 09/29/09		400		618,268
Toyota Motor Credit Corp. (n) 4.625%, 01/22/10		4,200		801,128
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		500		494,661
Wal-Mart Stores, Inc. 4.000%, 01/15/10		2,500		2,527,340
TOTAL BONDS				16,848,813
CERTIFICATES OF DEPOSIT INTEREST BEARING — (1.8%)
Barclays Bank 2.680%, 07/01/08		3,000		3,000,000
Royal Bank of Canada 2.490%, 06/18/08		700		700,000
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				3,700,000
COMMERCIAL PAPER — (35.9%)
Abbey National North America 2.520%, 08/18/08		2,000		1,988,489
Allianz Finance Corp. 2.420%, 06/02/08		700		699,867
2.500%, 08/18/08		2,100		2,087,913
Bank of America Corp. 2.560%, 08/04/08		4,700		4,677,907
2.520%, 08/11/08		1,000		994,744
Bank of Nova Scotia 2.780%, 06/23/08		1,000		998,445
2.520%, 08/13/08		4,600		4,575,371

DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount^		Value†
	(000)
BNP Paribas Finance, Inc. 2.810%, 06/18/08		1,800	$	1,797,796
2.600%, 08/01/08		1,000		995,587
2.600%, 08/14/08		1,000		994,566
Cafco LLC 2.550%, 06/06/08		4,000		3,997,908
Caisse Centrale Desjardins Du Quebec 2.600%, 07/07/08		650		648,361
2.500%, 08/01/08		2,500		2,488,966
2.560%, 08/25/08		2,500		2,484,183
CBA (DE) Finance, Inc. 2.670%, 07/11/08		3,000		2,991,516
Ciesco L.P. 2.680%, 06/02/08		3,000		2,999,327
2.500%, 06/09/08		1,700		1,698,730
Cornell University 2.600%, 06/02/08		3,000		3,000,000
Danske Corp. 2.920%, 07/18/08		1,800		1,793,958
2.550%, 08/22/08		1,400		1,391,487
Dexia Delaware LLC 2.510%, 06/16/08		700		699,240
2.600%, 08/08/08		4,000		3,980,167
2.600%, 08/21/08		1,100		1,093,401
Lloyds TSB Bank P.L.C. 2.540%, 08/11/08		4,000		3,979,219
New Center Asset Trust 2.800%, 06/11/08		4,000		3,996,413
2.750%, 06/23/08		1,800		1,796,772
Royal Bank of Scotland P.L.C. 2.820%, 06/16/08		1,800		1,798,045

	Face Amount^		Value†
	(000)
Societe Generale North America 2.700%, 08/05/08		2,800	$	2,786,774
2.670%, 08/14/08		2,000		1,989,132
Southern Co. 2.250%, 06/03/08		900		899,769
Svenska Handelsbanken 2.650%, 06/10/08		500		499,652
2.550%, 08/11/08		2,600		2,586,492
Total Capital SA 2.230%, 06/30/08		900		898,195
UBS Finance Delaware, Inc. 2.600%, 07/10/08		700		698,075
Westpac Banking Corp. 2.600%, 08/06/08		1,400		1,393,278
TOTAL COMMERCIAL PAPER				72,399,745
TOTAL — UNITED STATES				97,425,122
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $1,630,000 FHLMC 6.50%, 09/01/37, valued at $1,553,994) to be repurchased at $1,528,247	$	1,528		1,528,000
TOTAL INVESTMENTS — (100.0%) (Cost $201,782,795)			$	201,905,918

See accompanying Notes to Financial Statements.

DFA FIVE-YEAR GOVERNMENT PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
U.S. TREASURY OBLIGATIONS — (99.9%)
U.S. Treasury Notes
4.500%, 03/31/12	$	67,000	$	70,067,327
4.875%, 06/30/12		245,000		259,987,140
4.625%, 07/31/12		242,300		255,020,750
4.375%, 08/15/12		71,200		74,392,893
4.125%, 08/31/12		266,400		275,266,058
4.250%, 09/30/12		234,000		243,030,996
TOTAL U.S. TREASURY OBLIGATIONS				1,177,765,164
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $2,140,000 FNMA 6.50%, 09/01/37, valued at $1,828,597) to be repurchased at $1,799,291		1,799		1,799,000
TOTAL INVESTMENTS — (100.0%) (Cost $1,209,013,800)			$	1,179,564,164

See accompanying Notes to Financial Statements.

DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount^		Value†
	(000)
AUSTRIA — (3.7%)
BONDS — (3.7%)
Austria Government International Bond (f) 3.000%, 08/21/09		30,800	$	29,550,535
PfandBriefstelle der Oesterreichischen Landes-Hypothekenbanken
(j) 1.600%, 02/15/11		10,546,000		100,819,240
TOTAL — AUSTRIA				130,369,775
CANADA — (0.8%)
BONDS — (0.8%)
Ontario, Province of (j) 1.875%, 01/25/10		2,910,000		27,968,655
DENMARK — (0.9%)
BONDS — (0.9%)
Kommunekredit (f) 3.000%, 11/19/08		33,000		31,690,924
FRANCE — (1.7%)
BONDS — (1.7%)
Dexia Municipal Agency (f) 4.000%, 03/08/10		18,000		17,524,202
IXIS- CIB 2.750%, 06/26/08		12,100		18,800,800
Total Capital SA (f) 2.375%, 10/01/09		15,000		14,262,082
(f) 1.625%, 07/12/11		9,650		8,819,364
TOTAL — FRANCE				59,406,448
GERMANY — (9.0%)
BONDS — (9.0%)
Bayerische Landesbank (f) 3.125%, 02/10/09		8,000		7,690,355
(j) 1.000%, 09/20/10		2,950,000		27,810,172
Bundesrepublik Deutschland 4.125%, 07/04/08		36,200		56,302,663
Kreditanstalt fuer Wiederaufbau (s) 3.750%, 01/28/09		15,560		2,565,910
(j) 1.750%, 03/23/10		750,000		7,204,269
(j) 1.850%, 09/20/10		7,580,000		72,997,226
LB Baden-Wuerttemberg (t) 5.130%, 09/24/08		10,370		9,821,210
L-Bank Landeskreditbank Baden-Wuerttemberg Foerderbank 3.000%, 07/04/08		40,000		62,137,092
(t) 5.000%, 08/11/08		8,000		7,597,064
Norddeutsche Landesbank Girozentrale AG
(j) 0.900%, 02/08/10		6,700,000		63,338,960
TOTAL — GERMANY				317,464,921

	Face Amount^		Value†
	(000)
JAPAN — (3.0%)
BONDS — (3.0%)
Japan Finance Corp. for Municipal Enterprises 1.550%, 02/21/12		10,968,000	$	105,062,935
NETHERLANDS — (3.0%)
BONDS — (3.0%)
Nederlandse Waterschapsbank NV (f) 3.500%, 10/29/09		3,000		2,895,555
Rabobank Nederland (s) 2.250%, 05/08/09		37,000		5,999,815
(j) 0.800%, 02/03/11		10,185,000		94,861,652
TOTAL — NETHERLANDS				103,757,022
NORWAY — (2.5%)
BONDS — (2.5%)
Eksportfinans (f) 2.000%, 03/17/09		17,000		16,191,927
(j) 1.800%, 06/21/10		7,298,000		70,072,223
TOTAL — NORWAY				86,264,150
SPAIN — (0.8%)
BONDS — (0.8%)
Instituto de Credito Oficial (j) 1.500%, 09/20/12		2,980,000		28,391,836
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (2.9%)
BONDS — (2.9%)
African Development Bank (j) 1.950%, 03/23/10		1,000,000		9,607,285
European Investment Bank (j) 1.250%, 09/20/12		9,475,000		89,269,474
Oresundsbro Konsortiet (s) 6.000%, 04/20/09		9,000		1,508,843
TOTAL — SUPRANATIONAL ORGANIZATION OBLIGATIONS				100,385,602
SWEDEN — (1.5%)
BONDS — (1.5%)
Kommuninvest (t) 5.140%, 10/30/08		6,090		5,752,869
(t) 5.050%, 02/24/09		11,650		10,908,034
4.100%, 05/11/09		156,000		25,726,910
(f) 2.250%, 12/14/09		9,260		8,779,768
TOTAL — SWEDEN				51,167,581
SWITZERLAND — (0.2%)
BONDS — (0.2%)
UBS AG 0.875%, 12/29/09		6,700		6,142,818

DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount^		Value†
	(000)
UNITED KINGDOM — (1.6%)
BONDS — (1.6%)
BP Capital Markets P.L.C. (f) 1.250%, 12/29/09		61,500	$	57,380,075
UNITED STATES — (67.9%)
AGENCY OBLIGATIONS — (1.5%)
Federal National Mortgage Association 6.125%, 03/15/12		50,000		53,857,400
BONDS — (26.3%)
American Express Credit Floating Rate Note
(r) 5.858%, 04/06/09		20,000		19,858,200
American International Group, Inc. (j) 1.400%, 04/03/12		5,000,000		43,879,292
Citigroup Funding, Inc. Floating Rate Note
(r) 5.449%, 10/22/09		90,000		88,953,300
General Electric Capital Corp. (s) 3.250%, 01/28/10		37,640		6,039,876
(j) 1.450%, 11/10/11		10,283,000		95,823,865
Georgia Power Co. Floating Rate Note
(r) 3.400%, 03/17/10		9,400		9,287,454
Hewlett-Packard Co. Floating Rate Note
(r) 5.051%, 06/15/10		80,000		79,321,600
IBM International Group Floating Rate Note
(r) 3.584%, 07/29/09		16,600		16,639,840
John Deere Capital Corp. Floating Rate Note
(r) 3.530%, 02/26/10		87,900		87,838,206
JPMorgan Chase & Co. Floating Rate Note
(r) 5.255%, 11/19/09		90,000		89,763,750
Paccar Financial Corp. Floating Rate Note
(r) 5.494%, 12/03/10		47,900		47,738,673
(r) 3.438%, 04/01/11		37,000		36,771,710
Toyota Motor Credit Corp. (t) 4.940%, 09/22/08		7,000		6,624,944
(j) 0.550%, 06/30/10		4,423,000		41,352,071
(j) 1.300%, 03/16/12		6,490,000		61,203,064

	Face Amount^		Value†
	(000)
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		95,000	$	93,985,685
Wal-Mart Stores, Inc. 4.250%, 04/15/13		8,500		8,481,895
Wells Fargo Bank & Co. Floating Rate Note
(r) 5.380%, 09/23/09		90,000		89,483,310
TOTAL BONDS				923,046,735
U.S. TREASURY OBLIGATIONS — (40.1%)
U.S. Treasury Notes 4.500%, 03/31/12		164,300		171,821,818
4.500%, 04/30/12		76,000		79,556,572
4.750%, 05/31/12		87,300		92,183,387
4.875%, 06/30/12		241,800		256,591,390
4.625%, 07/31/12		270,700		284,911,750
4.375%, 08/15/12		89,400		93,409,054
4.125%, 08/31/12		233,000		240,754,473
4.250%, 09/30/12		178,300		185,181,310
TOTAL U.S. TREASURY OBLIGATIONS				1,404,409,754
TOTAL — UNITED STATES				2,381,313,889
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.5%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $22,590,000 FHLMC 6.04%(r), 11/01/36, valued at $18,520,286) to be repurchased at $18,247,950	$	18,245		18,245,000
TOTAL INVESTMENTS — (100.0%) (Cost $3,402,524,887)			$	3,505,011,631

See accompanying Notes to Financial Statements.

DFA INTERMEDIATE GOVERNMENT FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (61.8%)
Federal Farm Credit Bank 7.160%, 05/19/10	$	3,000	$	3,226,833
4.180%, 09/22/10		7,000		7,137,095
6.700%, 11/22/10		2,000		2,159,520
6.135%, 12/13/10		4,000		4,263,808
5.750%, 01/18/11		9,000		9,515,961
6.000%, 03/07/11		9,000		9,565,182
6.740%, 04/11/11		1,000		1,082,446
4.800%, 05/24/11		3,300		3,394,482
6.300%, 06/06/11		2,800		3,003,778
4.250%, 07/11/11		13,600		13,775,059
4.350%, 11/02/11		8,000		8,126,816
4.200%, 11/07/11		6,650		6,723,669
4.300%, 11/23/11		5,500		5,578,380
6.260%, 12/02/11		2,000		2,155,796
4.950%, 12/22/11		9,000		9,324,693
5.230%, 02/14/12		12,000		12,569,940
4.500%, 03/14/12		8,500		8,698,041
4.625%, 03/16/12		7,000		7,194,033
5.000%, 06/01/12		4,295		4,482,580
4.480%, 08/24/12		12,000		12,277,332
6.280%, 11/26/12		3,000		3,283,602
4.400%, 01/03/13		11,000		11,187,407
4.150%, 05/15/13		10,000		10,023,150
5.580%, 07/03/13		23,000		24,525,636
3.880%, 07/08/13		7,000		6,919,507
4.920%, 08/26/13		4,125		4,275,447
4.710%, 10/18/13		7,000		7,186,088
4.900%, 01/16/14		5,700		5,903,627
5.300%, 02/18/14		12,000		12,669,900
5.250%, 06/05/14		14,400		15,177,643
4.375%, 06/30/14		3,915		3,943,803
8.160%, 09/30/14		3,615		4,384,178
4.700%, 12/10/14		4,000		4,085,404
4.375%, 02/17/15		14,300		14,314,386
6.030%, 03/21/16		4,700		5,168,764
5.050%, 03/08/17		10,000		10,242,810
5.625%, 08/18/17		4,000		4,317,016
5.100%, 09/03/19		9,000		9,154,953
5.320%, 09/03/19		21,300		22,068,355
5.150%, 11/15/19		11,200		11,430,832
4.670%, 05/07/20		5,600		5,461,971
5.350%, 08/07/20		6,700		6,933,086
5.250%, 03/02/21		6,100		6,235,969
Federal Home Loan Bank 4.125%, 08/13/10		9,000		9,161,145
6.625%, 11/15/10		1,000		1,074,265
5.875%, 02/15/11		7,000		7,393,687
4.500%, 05/13/11		2,045		2,086,010
6.000%, 05/13/11		10,205		10,856,242
7.200%, 06/14/11		3,000		3,289,302
5.750%, 08/15/11		12,000		12,696,144
5.375%, 08/19/11		13,500		14,133,609
5.000%, 10/13/11		25,000		25,922,125
5.625%, 11/15/11		5,000		5,286,455

	Face Amount		Value†
	(000)
5.625%, 02/15/12	$	6,100	$	6,474,278
5.750%, 05/15/12		26,300		28,135,398
4.625%, 08/15/12		15,175		15,605,879
4.500%, 11/15/12		20,000		20,444,520
5.126%, 02/28/13		5,615		5,878,944
3.875%, 06/14/13		12,600		12,474,315
5.375%, 06/14/13		52,400		55,419,498
4.500%, 09/16/13		11,000		11,183,326
6.395%, 06/03/14		5,200		5,787,948
5.250%, 06/18/14		14,000		14,740,152
6.700%, 06/25/14		12,500		14,120,188
4.500%, 11/14/14		4,000		4,040,536
4.875%, 03/11/16		8,600		8,811,362
5.375%, 09/09/16		6,000		6,347,886
4.625%, 09/11/20		11,200		10,851,691
5.000%, 03/12/21		5,200		5,218,886
5.000%, 12/10/21		39,500		39,221,920
5.750%, 06/10/22		19,500		20,732,498
4.750%, 03/10/23		7,700		7,354,178
Tennessee Valley Authority 5.625%, 01/18/11		14,000		14,763,770
6.790%, 05/23/12		37,600		41,468,213
6.000%, 03/15/13		28,100		30,327,375
4.750%, 08/01/13		12,500		12,784,363
6.250%, 12/15/17		10,000		11,214,670
TOTAL AGENCY OBLIGATIONS				838,449,756
U.S. TREASURY OBLIGATIONS — (37.6%)
U.S. Treasury Bonds 11.250%, 02/15/15		15,500		22,416,875
10.625%, 08/15/15		11,000		15,696,483
9.875%, 11/15/15		6,000		8,338,596
9.250%, 02/15/16		9,000		12,215,394
7.250%, 05/15/16		6,000		7,348,128
7.500%, 11/15/16		10,800		13,448,527
9.000%, 11/15/18		12,200		17,030,444
8.125%, 08/15/19		3,800		5,056,079
8.750%, 08/15/20		21,200		29,709,807
8.125%, 05/15/21		29,100		39,348,671
7.250%, 08/15/22		16,200		20,655,000
7.625%, 11/15/22		28,500		37,557,642
7.125%, 02/15/23		8,800		11,136,127
U.S. Treasury Notes 5.750%, 08/15/10		3,600		3,830,342
5.000%, 08/15/11		35,000		37,086,315
4.875%, 02/15/12		62,800		66,528,750
4.375%, 08/15/12		54,700		57,152,967
4.000%, 11/15/12		9,700		9,984,181
3.875%, 02/15/13		27,600		28,177,889
3.625%, 05/15/13		7,700		7,779,402
4.250%, 08/15/13		30,100		31,245,215
4.000%, 02/15/14		18,500		18,952,381
4.875%, 08/15/16		8,200		8,722,110
TOTAL U.S. TREASURY OBLIGATIONS				509,417,325

DFA INTERMEDIATE GOVERNMENT FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $46,245,000 FNMA 3.50%, 03/25/33, valued at $8,012,584) to be repurchased at $7,895,276	$	7,894	$	7,894,000
TOTAL INVESTMENTS — (100.0%) (Cost $1,311,360,350)			$	1,355,761,081

See accompanying Notes to Financial Statements.
61

DFA INFLATION-PROTECTED SECURITIES PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
U.S. TREASURY OBLIGATIONS — (99.0%)
U.S. Treasury Inflation Notes
3.000%, 07/15/12	$	5,900	$	7,611,263
1.875%, 07/15/13		27,200		32,965,542
2.000%, 01/15/14		27,100		32,776,940
2.000%, 07/15/14		26,000		30,848,456
1.625%, 01/15/15		25,300		28,908,356
1.875%, 07/15/15		23,100		26,267,323
2.000%, 01/15/16		21,350		23,973,050
2.500%, 07/15/16		21,500		24,619,158
2.375%, 01/15/17		22,100		25,113,727
2.625%, 07/15/17		21,900		24,703,057
1.625%, 01/15/18		23,200		23,396,039
2.375%, 01/15/25		21,700		25,535,457
2.000%, 01/15/26		15,300		16,169,559
2.375%, 01/15/27		12,300		13,518,705
1.750%, 01/15/28		11,200		10,742,484
TOTAL U.S. TREASURY OBLIGATIONS				347,149,116
TEMPORARY CASH INVESTMENTS — (1.0%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $3,985,000 FNMA 5.00%, 06/01/22, valued at $3,412,611) to be repurchased at $3,362,544		3,362		3,362,000
TOTAL INVESTMENTS — (100.0%) (Cost $340,135,680)			$	350,511,116

See accompanying Notes to Financial Statements.

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
MUNICIPAL BONDS — (98.2%)
ALABAMA — (0.7%)
Alabama State Docks Department of Dock (RB) (ETM) (MBIA) 6.000%, 10/01/08	$	1,000	$	1,013,680
Alabama State Federal Highway Finance Authority (RB) Series A (MBIA) 5.000%, 03/01/09		4,000		4,087,800
Alabama Water Pollution Control Authority (RB) Series B (AMBAC) 5.000%, 08/15/08		2,160		2,170,606
TOTAL ALABAMA				7,272,086
ARIZONA — (3.7%)
Arizona State Transportation Board (RB) Series A 5.250%, 07/01/08		3,000		3,007,590
City of Scottsdale (GO) 5.000%, 07/01/08		2,250		2,255,423
Maricopa County Unified School District (GO) 7.400%, 07/01/10		3,485		3,831,827
Phoenix Civic Improvement Corp. (RB) (FGIC) 5.000%, 07/01/08		1,500		1,503,330
Salt River Project Agricultural (TECP) 1.700%, 06/02/08		25,506		25,506,000
TOTAL ARIZONA				36,104,170
ARKANSAS — (0.7%)
Arkansas State (GO) 5.500%, 08/01/09		3,885		4,031,620
Fort Smith Water & Sewer (RB) Series A (FSA) 5.000%, 10/01/09		2,850		2,937,296
TOTAL ARKANSAS				6,968,916
CALIFORNIA — (3.5%)
California State (GO) 5.250%, 11/01/09		7,695		8,012,034
California State Department Water Resources Power Supply (RB) (ETM) Series A 5.125%, 05/01/12		1,900		2,074,287
California State Economic Recovery (GO) Series A 5.000%, 01/01/11		9,100		9,628,710
Contra Costa County Water District (TECP) 1.500%, 07/08/08		3,500		3,499,720
Los Angeles Wastewater (TECP) 2.100%, 06/04/08		2,500		2,500,125

	Face Amount		Value†
	(000)
Municipal Improvement Corp. of Los Angeles (TECP) 2.050%, 06/04/08	$	2,500	$	2,500,100
1.450%, 06/05/08		4,200		4,200,000
1.350%, 06/18/08		1,400		1,399,762
TOTAL CALIFORNIA				33,814,738
CONNECTICUT — (2.4%)
City of New Haven (TECP) 2.150%, 06/16/08		6,690		6,691,137
City of Stamford (GO) 5.000%, 07/15/09		2,000		2,068,420
Connecticut State (GO) Series C 5.000%, 12/15/09		4,000		4,168,880
Connecticut State (GO) Series G (MBIA) 4.500%, 03/15/09		5,600		5,719,616
Connecticut State (RB) Series A 5.000%, 06/30/09		5,000		5,168,550
TOTAL CONNECTICUT				23,816,603
DELAWARE — (1.3%)
Delaware State (GO) 5.000%, 08/01/12		11,370		12,298,588
FLORIDA — (8.1%)
Broward County Sales Tax Revenue (TECP) 2.100%, 06/02/08		3,397		3,397,000
Florida Municipal Power Agency (TECP) 1.400%, 07/07/08		25,818		25,808,189
Florida State Board of Education (GO) Series C 4.000%, 06/01/09		4,000		4,078,160
Florida State Board of Education (GO) Series H (FSA) 5.000%, 06/01/08		2,000		2,000,000
Florida State Department of Environmental Protection Preservation (RB) Series A 5.000%, 07/01/11		5,330		5,642,391
5.000%, 07/01/11		5,130		5,429,130
Florida State Department of Environmental Protection Preservation (RB) Series B 5.000%, 07/01/11		5,800		6,138,198
Gainesville Utilities Systems (RB) Series C (FSA) 5.000%, 10/01/09		4,000		4,140,000
Jacksonville, Florida Electric (TECP) 1.450%, 06/02/08		4,700		4,700,000
1.450%, 06/05/08		7,500		7,499,850
1.700%, 07/03/08		4,000		4,000,160
Pinellas County Education Facility (TECP) 1.350%, 07/14/08		6,700		6,696,382
TOTAL FLORIDA				79,529,460

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
GEORGIA — (0.6%)
Georgia State (GO) Series B 6.250%, 04/01/09	$	2,000	$	2,072,840
Georgia State (GO) Series D 6.700%, 08/01/08		2,000		2,015,660
5.800%, 11/01/09		2,010		2,112,912
TOTAL GEORGIA				6,201,412
HAWAII — (0.2%)
City & County of Honolulu (GO) (ETM) Series A (MBIA) 5.000%, 03/01/10		1,255		1,312,479
City & County of Honolulu (GO) Series A (MBIA) 5.000%, 03/01/10		745		777,430
TOTAL HAWAII				2,089,909
ILLINOIS — (3.2%)
Chicago Metropolitan Water Reclamation District - Greater Chicago (GO) 5.500%, 12/01/08		2,000		2,036,060
Du Page, Cook & Will Counties Community College District No. 502 (GO) Series A 5.000%, 06/01/08		2,175		2,175,000
Illinois Education Facilities Authority (TECP) 1.400%, 08/07/08		8,000		7,993,920
Illinois Health Facilities Authority (TECP) 0.900%, 06/12/08		5,000		4,998,150
1.800%, 07/10/08		11,000		11,001,430
Illinois State (GO) First Series (FSA) 5.500%, 04/01/09		3,000		3,087,660
TOTAL ILLINOIS				31,292,220
INDIANA — (0.2%)
Ivy Technical State College (RB) Series G (AMBAC) 5.000%, 07/01/08		1,000		1,001,870
Logansport Multi-Purpose School Building Corp. (RB) (FSA) 4.250%, 07/05/08		1,000		1,002,040
TOTAL INDIANA				2,003,910
IOWA — (0.4%)
City of Des Moines (GO) Series B 5.000%, 06/01/09		3,680		3,791,173
KANSAS — (0.6%)
Johnson County (GO) 5.000%, 10/01/11		5,770		6,168,245
KENTUCKY — (1.9%)
Kentucky Asset Liability Commission (RB) 5.000%, 09/01/11		14,300		15,263,248
Kentucky State Turnpike Authority, Revitalization Projects (RB) (AMBAC) 5.500%, 07/01/08		3,000		3,007,080
TOTAL KENTUCKY				18,270,328

	Face Amount		Value†
	(000)
MARYLAND — (8.5%)
Howard County, Maryland (GO) (TECP) 1.700%, 06/05/08	$	4,000	$	4,000,040
Maryland Health & Higher Educational Facilities Authority (TECP) - John Hopkins Hospital 1.320%, 06/02/08		2,000		2,000,000
1.500%, 06/03/08		2,000		2,000,000
1.350%, 06/04/08		20,500		20,500,000
1.350%, 06/04/08		2,000		2,000,000
Maryland Health & Higher Educational Facilities Authority (TECP) - John Hopkins University 1.450%, 06/04/08		4,625		4,625,046
2.150%, 06/13/08		3,000		3,000,390
1.500%, 07/02/08		5,600		5,598,880
Maryland State (GO) 5.250%, 02/15/12		5,000		5,414,400
Maryland State (GO) First Series 5.000%, 07/15/08		2,000		2,007,420
Maryland State (GO) Series B 5.250%, 02/01/09		5,000		5,112,950
Montgomery, Maryland (GO) (TECP) 1.250%, 06/03/08		2,500		2,500,000
1.280%, 06/03/08		23,000		23,000,000
Washington Suburban Sanitation District (GO) 5.250%, 06/01/08		1,000		1,000,000
TOTAL MARYLAND				82,759,126
MASSACHUSETTS — (5.9%)
Harvard University (TECP) Series EE 1.550%, 08/06/08		23,600		23,594,572
Massachusetts School Building Authority (TECP) 1.120%, 07/08/08		20,000		19,983,800
1.640%, 07/09/08		4,700		4,699,859
Massachusetts Water Resource Authority 1.640%, 07/09/08		5,000		4,999,850
Massachusetts Water Resource Authority (TECP) 2.050%, 06/02/08		4,000		4,000,000
TOTAL MASSACHUSETTS				57,278,081
MICHIGAN — (2.8%)
Kent County (GO) Series A 5.000%, 11/01/09		7,235		7,515,284
Michigan Municipal Bond Authority (RB) 5.250%, 10/01/08		3,000		3,027,360
Regents of The University of Michigan (TECP) 1.400%, 06/11/08		11,000		10,998,900
Utica Community Schools (GO) 4.000%, 05/01/09		6,000		6,113,940
TOTAL MICHIGAN				27,655,484

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
MINNESOTA — (2.9%)
Minnesota State (GO) 5.000%, 08/01/09	$	2,600	$	2,690,012
University of Minnesota (TECP) 1.350%, 06/05/08		21,500		21,499,785
1.300%, 07/15/08		4,000		3,997,440
TOTAL MINNESOTA				28,187,237
MISSISSIPPI — (0.4%)
Mississippi State (GO) Series B 5.000%, 10/01/09		4,000		4,143,760
MISSOURI — (0.3%)
Missouri State (GO) (ETM) Series A 5.000%, 08/01/08		3,000		3,015,240
NEBRASKA — (0.7%)
Omaha Public Power District (TECP) 1.700%, 06/03/08		7,000		7,000,070
NEVADA — (6.3%)
Clark County (GO) 5.000%, 11/01/11		5,010		5,355,690
Clark County (GO) Series A (FSA) 4.000%, 06/01/09		3,540		3,613,030
Clark County School District (GO) 5.000%, 06/15/09		5,245		5,410,690
5.000%, 06/15/09		7,000		7,221,130
4.500%, 06/15/11		11,000		11,529,870
Las Vegas Valley Water District (GO) Series B (MBIA) 5.250%, 06/01/09		2,830		2,922,400
Las Vegas Valley Water District (TECP) 1.300%, 06/09/08		2,000		1,999,740
1.750%, 07/03/08		21,000		21,001,680
Nevada State (GO) (FSA) 5.375%, 10/01/08		2,100		2,124,150
TOTAL NEVADA				61,178,380
NEW JERSEY — (2.6%)
New Jersey State (GO) (ETM) 5.250%, 08/01/12		8,400		9,160,872
New Jersey Transportation Trust Fund Authority (RB) Series B (FSA) 5.250%, 12/15/09		6,130		6,378,694
5.500%, 12/15/11		6,035		6,585,452
Princeton University (TECP) 1.400%, 06/05/08		2,830		2,829,943
TOTAL NEW JERSEY				24,954,961
NEW MEXICO — (1.2%)
New Mexico State Severance Tax (RB) (MBIA) 5.000%, 07/01/10		11,385		11,970,986
NEW YORK — (4.6%)
Nassau County Interim Finance Authority (RB) Series A (AMBAC) 5.000%, 11/15/09		3,415		3,550,439
Nassau County Municipal Water (TECP) 1.750%, 07/01/08		7,345		7,345,588

	Face Amount		Value†
	(000)
New York City (GO) 5.000%, 08/01/10	$	5,040	$	5,288,875
New York City Municipal Water (TECP) 1.550%, 06/05/08		8,000		8,000,000
New York Power Authority (TECP) 2.050%, 06/02/08		4,400		4,400,000
1.370%, 07/09/08		8,000		7,997,040
New York State Thruway Authority (RB) (ETM) Series A (MBIA) 5.000%, 04/01/09		3,500		3,593,555
New York State Tollway Authority (RB) (MBIA) 5.000%, 01/01/10		5,000		5,195,700
TOTAL NEW YORK				45,371,197
NORTH CAROLINA — (0.7%)
Durham County (GO) 5.500%, 04/01/09		3,000		3,090,900
North Carolina State (GO) Series A 5.000%, 03/01/09		4,000		4,094,360
TOTAL NORTH CAROLINA				7,185,260
OHIO — (5.3%)
Ohio State (GO) 5.000%, 09/15/11		10,470		11,190,127
Ohio State (RB) Series II-A 5.000%, 12/01/08		5,000		5,076,700
Ohio State Building Authority (RB) (FSA) 5.500%, 10/01/08		1,500		1,517,850
5.000%, 10/01/09		2,755		2,855,833
Ohio State Common Schools (GO) Series A 5.000%, 09/15/09		2,565		2,659,418
Ohio State University (TECP) 1.300%, 06/02/08		5,000		5,000,000
1.310%, 06/03/08		20,650		20,650,000
Ohio State Water Development Authority (RB) 5.000%, 06/01/08		2,500		2,500,000
TOTAL OHIO				51,449,928
OKLAHOMA — (0.4%)
Grand River Dam Authority (RB) (FSA) 5.750%, 06/01/08		4,000		4,000,000
OREGON — (0.6%)
Salem-Keizer School District No. 24J (GO) (FSA) 5.000%, 06/15/09		6,055		6,245,006
PENNSYLVANIA — (2.5%)
Commonwealth of Pennsylvania (GO) Second Series (FGIC) 5.000%, 10/01/09		2,950		3,056,023
Pennsylvania Intergovernmental Cooperative Authority (STRB) (FGIC) 5.000%, 06/15/08		1,000		1,000,890
State of Pennsylvania First Series (GO) 5.000%, 08/01/11		13,000		13,862,290
5.250%, 02/01/13		5,755		6,279,798
TOTAL PENNSYLVANIA				24,199,001

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
SOUTH CAROLINA — (2.0%)
Richland County School District No. 2 (GO) Series B (FGIC) 5.000%, 02/01/10	$	1,500	$	1,563,990
South Carolina Public Service Authority (TECP) 1.550%, 07/11/08		15,526		15,523,361
South Carolina State (GO) 5.000%, 04/01/09		1,900		1,948,887
TOTAL SOUTH CAROLINA				19,036,238
TENNESSEE — (3.2%)
Hamilton County (GO) 5.000%, 03/01/11		5,700		6,042,399
5.000%, 03/01/12		5,095		5,460,362
Metropolitan Government Nashville & Davidson County (GO) 5.000%, 11/15/08		2,000		2,028,080
Shelby County (GO) Series A 5.000%, 04/01/09		4,195		4,301,553
Tennessee Health & Education - Vanderbilt University (TECP) 1.350%, 06/05/08		10,000		9,999,900
Tennessee State School Board Authority (TECP) 1.600%, 08/05/08		3,400		3,399,524
TOTAL TENNESSEE				31,231,818
TEXAS — (12.0%)
City of Austin, Texas (TECP) 1.350%, 06/04/08		11,783		11,783,000
1.250%, 06/27/08		3,700		3,698,224
1.150%, 07/07/08		9,400		9,393,044
Dallas Waterworks & Sewer System (RB) 5.250%, 10/01/08		3,000		3,032,700
Houston Texas (GO) (TECP) 1.500%, 06/04/08		5,300		5,300,053
1.450%, 07/02/08		12,000		11,996,160
Houston Texas Water & Sewer (TECP) 1.600%, 06/05/08		5,000		5,000,000
San Antonio Electric & Gas (TECP) 1.600%, 08/04/08		3,800		3,799,468
San Antonio Water System (TECP) 0.900%, 06/05/08		4,150		4,149,751
Texas A&M University (RB) Series B 5.000%, 05/15/09		4,000		4,110,480
Texas A&M University Board of Regents (TECP) 1.550%, 07/01/08		4,000		3,999,240
Texas Municipal Power Agency (TECP) 1.570%, 06/06/08		16,180		16,179,838
1.390%, 07/08/08		7,470		7,467,012
Texas Public Finance Authority (TECP) 1.450%, 06/03/08		5,000		5,000,000
1.450%, 06/04/08		1,550		1,550,000
Texas State (GO) Series B 5.000%, 08/01/09		4,000		4,134,280
Texas State University Systems (RB) (FSA) 5.000%, 03/15/09		2,245		2,298,072

	Face Amount		Value†
	(000)
Texas Tech University Board of Regents (TECP) 1.450%, 06/05/08	$	8,300	$	8,299,834
Trinity River Authority (RB) Series B (FSA) 5.500%, 08/01/08		2,200		2,212,386
University of Texas Board of Regents (TECP) 2.800%, 06/06/08		3,895		3,895,584
TOTAL TEXAS				117,299,126
UTAH — (0.5%)
Salt Lake County Municipal Building Authority (RB) Series A 5.000%, 10/01/08		1,800		1,818,522
Utah State (GO) Series A 4.000%, 07/01/08		3,000		3,004,980
TOTAL UTAH				4,823,502
VIRGINIA — (3.6%)
Arlington County (GO) 4.000%, 01/15/09		4,000		4,053,920
Fairfax Country (GO) Series A 5.000%, 06/01/09		3,465		3,574,182
Virginia Commonwealth Transportation Board (RB) 5.000%, 10/01/09		5,000		5,185,700
5.000%, 09/27/12		4,040		4,361,099
Virginia State Public Building Authority (RB) Series A 5.000%, 08/01/09		4,000		4,136,600
Virginia State Public School Authority (RB) (ETM) Series I 5.250%, 08/01/09		25		25,905
Virginia State Public School Authority (RB) Series B 5.000%, 08/01/11		9,595		10,255,424
Virginia State Public School Authority (RB) Series I 5.250%, 08/01/09		3,475		3,605,208
TOTAL VIRGINIA				35,198,038
WASHINGTON — (1.3%)
Grant County Public Utility District No. 2 Priest Rapids (RB) Series H (FSA) 5.000%, 01/01/10		2,000		2,080,180
Seattle Drain & Wastewater (RB) (FGIC) 4.000%, 07/01/08		1,000		1,001,530
Seattle Municipal Light & Power (RB) (FSA) 4.000%, 08/01/09		5,940		6,069,017
Snohomish County School District No. 15 Edmonds (GO) Series A (FSA) 4.500%, 06/01/09		3,500		3,589,670
TOTAL WASHINGTON				12,740,397

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
WISCONSIN — (2.4%)
Wisconsin State (GO) (TECP) 1.350%, 07/07/08	$	7,500	$	7,496,400
1.750%, 07/08/08		13,705		13,706,096
Wisconsin State (GO) Series 1 (MBIA) 5.250%, 05/01/09		2,000		2,060,380
TOTAL WISCONSIN				23,262,876
TOTAL MUNICIPAL BONDS				959,807,470
	Shares
TEMPORARY CASH INVESTMENTS — (1.8%)
BlackRock Liquidity Funds MuniFund Portfolio		17,324,755		17,324,755
TOTAL INVESTMENTS — (100.0%) (Cost $976,465,815)			$	977,132,225

See accompanying Notes to Financial Statements.
67

DFA CALIFORNIA SHORT-TERM MUNICIPAL BOND PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
MUNICIPAL BONDS — (97.5%)
CALIFORNIA — (97.5%)
Berkeley California University School District 4.000%, 11/28/08	$	4,700	$	4,752,781
California Department of Transportation (RB) Series A 5.000%, 02/01/11		1,125		1,190,902
California Educational Facilities Authority (TECP) 1.820%, 10/02/08		4,000		4,002,240
California Infrastructure & Economic Development Bank (RB) Series A 5.000%, 10/01/10		2,000		2,116,840
California State (GO) 4.000%, 06/30/08		3,080		3,085,544
5.750%, 10/01/08		590		597,399
4.000%, 02/01/09		1,000		1,013,260
4.000%, 02/01/09		1,275		1,291,906
4.000%, 06/01/09		565		575,984
5.000%, 09/01/09		1,865		1,930,182
5.000%, 03/01/10		3,000		3,129,030
5.250%, 09/01/10		550		581,394
5.000%, 10/01/10		2,000		2,107,080
4.000%, 02/01/11		1,000		1,025,340
5.250%, 03/01/11		800		846,784
5.000%, 04/01/11		3,000		3,160,410
5.000%, 06/01/11		500		528,260
5.000%, 10/01/11		2,215		2,351,931
California State Department of Water Resources (RB) Series A 5.500%, 05/01/09		1,100		1,136,795
5.500%, 05/01/10		700		741,300
5.250%, 05/01/11		1,450		1,550,615
California State Department of Water Resources (RB) Series A (MBIA) 5.250%, 05/01/09		920		948,704
California State Department Water Resources Power Supply (RB) (ETM) Series A 5.125%, 05/01/12		1,850		2,019,700
California State Department Water Resources Power Supply (RB) Series A 5.000%, 05/01/11		1,000		1,058,140
California State Economic Recovery (GO) Series A 5.000%, 01/01/09		1,575		1,603,870
3.000%, 07/01/09		2,730		2,757,982
4.000%, 07/01/09		940		959,580
5.000%, 07/01/09		2,535		2,614,624
5.000%, 01/01/10		1,585		1,650,048
5.000%, 01/01/11		2,500		2,645,250
3.500%, 07/01/11		1,075		1,100,198
5.000%, 07/01/11		1,000		1,067,410

	Face Amount		Value†
	(000)
California University (TECP) 2.000%, 06/04/08	$	900	$	900,036
1.400%, 07/11/08		3,400		3,399,150
Chabot-Las Positas Comminity College District (GO) 5.000%, 08/01/11		1,010		1,075,105
City & County of San Francisco (GO) (FSA) 4.000%, 06/15/09		1,700		1,737,485
City & County of San Francisco (GO) Series R-1 5.000%, 06/15/12		3,855		4,139,538
City of Los Angeles (TRAN) 4.500%, 06/30/08		6,335		6,348,684
Coast Community College District (GO) Series A 4.500%, 08/01/09		1,000		1,028,690
Compton Community Redevelopment Agency (TAN) Services A (AMBAC) 5.000%, 08/01/09		1,700		1,753,499
Conejo Valley California Unified School District (GO) 4.625%, 08/01/08		500		502,250
Contra Costa Water District (TECP) 1.200%, 06/03/08		3,850		3,850,000
1.250%, 07/08/08		2,000		1,999,080
Desert Sands Unified School District (GO) 4.500%, 06/01/08		1,450		1,450,000
Dublin San Ramon Serivce District & East Bay Municipal Utility District (TECP) Series A 1.900%, 06/02/08		5,000		5,000,000
East Bay Municipal Utility District, Wastewater System (TECP) 1.900%, 06/02/08		400		400,000
2.000%, 06/02/08		3,600		3,600,000
1.350%, 07/01/08		500		499,845
Foothill Eastern Transportation Corridor Agency (RB) (MBIA) 4.600%, 01/15/09		280		283,021
Fremont Union High School District (GO) Series B 5.500%, 09/01/09		500		521,530
Fresno (RB) Series A-1 (AMBAC) 6.250%, 09/01/10		300		322,659
Goleta Union School District (TRAN) 4.000%, 06/30/08		2,150		2,153,741
Imperial Irrigation District (TECP) 0.650%, 06/12/08		2,500		2,498,950
Industry Public Facilities Authority (TAN) (MBIA) 4.500%, 05/01/10		700		727,510
Long Beach Gas Utility (TECP) 2.000%, 06/12/08		1,900		1,900,190

DFA CALIFORNIA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
Los Angeles County Capital Asset Leasing Corp. (RB) Series A (AMBAC) 4.000%, 12/01/09	$	520	$	530,353
Los Angeles County Metropolitan Transportation Authority (RB) (ETM) Series A 5.000%, 07/01/11		2,500		2,701,575
Los Angeles County Metropolitan Transportation Authority (RB) Series A 6.000%, 07/01/08		600		601,836
Los Angeles County Metropolitan Transportation Authority (RB) Series C 6.000%, 07/01/11		580		633,053
Los Angeles County Metropolitan Transportation Authority (TECP) 1.520%, 07/10/08		3,525		3,524,788
Los Angeles County Public Works Financing Authority (RB) Series A (MBIA) 5.000%, 12/01/09		1,300		1,353,131
Los Angeles County Public Works Financing Authority (SA) Series A (MBIA) 5.000%, 10/01/08		1,750		1,768,182
Los Angeles Department of Water & Power (RB) Series A-1 5.000%, 07/01/08		300		300,723
5.000%, 07/01/09		3,600		3,716,568
5.000%, 07/01/11		460		489,610
Los Angeles Department of Water & Power (TECP) 2.800%, 06/30/08		400		400,364
Los Angeles Unified School District (GO) 5.000%, 07/01/11		675		717,424
Los Angeles Unified School District (GO) Series A 5.000%, 07/01/08		1,000		1,002,410
6.000%, 07/01/11		1,000		1,092,090
Los Angeles Unified School District (GO) Series B 4.000%, 07/01/08		850		851,411
Los Angeles Unified School District (GO) Series C 4.500%, 07/01/08		500		501,015
Los Angeles Unified School District (GO) Series F 3.500%, 07/01/08		990		991,277
Los Angeles Unified School District (GO) Series H 5.000%, 07/01/08		500		501,205
5.000%, 07/01/09		1,000		1,032,490
Los Angeles Wastewater (TECP) 2.100%, 06/04/08		5,300		5,300,265
2.200%, 06/04/08		200		200,010
Metropolitan Water District of Southern California (RB) 5.750%, 07/01/09		300		312,228

	Face Amount		Value†
	(000)
Metropolitan Water District of Southern California (RB) Series A 4.000%, 07/01/08	$	1,135	$	1,136,918
5.500%, 07/01/08		400		401,120
Milpitas Unified School District (TRAN) 4.000%, 12/12/08		2,150		2,174,940
Monterey Peninsula Community College District (GO) (FGIC) 3.500%, 08/01/08		250		250,623
Municipal Improvement Corp. of Los Angeles (TECP) 2.000%, 06/02/08		800		800,000
1.250%, 06/03/08		1,000		1,000,000
2.050%, 06/04/08		3,900		3,900,156
1.350%, 06/18/08		600		599,898
North City West School Facilities Financing Authority (STRB) Series C (AMBAC) 5.000%, 09/01/09		300		307,800
Norwalk Redevelopment Agency (TAN) Series A (MBIA) 4.000%, 10/01/10		670		691,775
Olivenhain Municipal Water District (RB) Series A 4.000%, 06/01/08		500		500,000
Orange County (RB) Series A (MBIA) 6.000%, 06/01/08		1,830		1,830,000
Pasadena Area Community College District (GO) Series B (AMBAC) 4.500%, 08/01/08		175		175,753
Peralta Community College District (GO) Series A (FGIC) 8.000%, 08/01/09		300		320,031
Puerto Rico Electrical Power Authority (RB) Series DD 5.000%, 07/01/08		500		500,955
Puerto Rico Municipal Finance Agency (RB) Series A 3.500%, 08/01/08		1,100		1,102,387
Rancho Water District Financing Authority (RB) Series A 3.500%, 08/01/08		1,450		1,453,683
Riverside County Transportation Commission (TECP) 2.100%, 06/03/08		1,400		1,400,028
Sacramento County (GO) (TRAN) 4.250%, 07/09/08		1,000		1,002,600
4.500%, 07/09/08		2,850		2,858,123
Sacramento Municipal Utility District (RB) Series S (FSA) 5.000%, 11/15/08		1,550		1,572,181
Sacramento Transportation Authority (RB) Series A 4.000%, 10/01/09		1,400		1,436,778
San Diego County Water Authority (TECP) 2.000%, 06/03/08		2,650		2,650,053
1.250%, 06/04/08		1,000		1,000,000
1.350%, 07/01/08		750		749,768

DFA CALIFORNIA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
San Francisco County Transportation Authority (TECP) 2.000%, 07/02/08	$	1,100	$	1,100,363
San Joaquin County Transportation Authority (TECP) 0.700%, 08/14/08		800		797,912
San Jose Financing Authority (TECP) 1.300%, 06/10/08		3,700		3,699,556
San Jose Redevelopment Agency (TAN) (MBIA) 5.250%, 08/01/09		5,000		5,127,950
San Jose Unified School District (GO) 5.000%, 08/01/12		5,000		5,390,050
San Leandro Unified School District (GO) Series A (FSA) 6.000%, 08/01/10		615		662,761
Torrance (TRAN) 4.500%, 07/02/08		500		501,160
Ventura County (TRAN) 4.500%, 07/01/08		2,300		2,305,152
Ventura County Public Financing (TECP) 2.100%, 06/05/08		4,500		4,500,315
1.350%, 07/02/08		2,000		1,999,360
TOTAL MUNICIPAL BONDS				186,654,603
	Shares
TEMPORARY CASH INVESTMENTS — (2.5%)
BlackRock Liquidity Funds California Money Fund — Institutional Shares		4,815,202		4,815,202
TOTAL INVESTMENTS — (100.0%) (Cost $191,021,187)			$	191,469,805

See accompanying Notes to Financial Statements.
70

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	U.S. Large Company Portfolio			Enhanced U.S. Large Company Portfolio			U.S. Large Cap Value Portfolio			U.S Targeted Value Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	3,627,977		$	289,404		$	7,740,717			—
Investments at Value (including $0, $0, $0 and $87,186 of securities on loan, respectively)		—			—			—		$	912,068
Temporary Cash Investments at Value		—			—			—			10,364
Collateral Received from Securities on Loan at Value		—			—			—			91,663
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			2,558			—			2,864
Dividends and Interest		—			—			—			792
Securities Lending Income		—			—			—			120
Fund Shares Sold		10,243			153			7,923			2,212
Prepaid Expenses and Other Assets		99			33			153			75
Total Assets		3,638,319			292,148			7,748,793			1,020,158
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			—			—			91,663
Investment Securities/Affiliated Investment Companies Purchased		9,041			—			4,664			6,005
Fund Shares Redeemed		1,201			2,710			3,258			205
Due to Advisor		289			37			962			258
Accrued Expenses and Other Liabilities		126			13			250			58
Total Liabilities		10,657			2,760			9,134			98,189
NET ASSETS	$	3,627,662		$	289,388		$	7,739,659		$	921,969
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R1 Shares — based on net assets of $0, $0 $0, and $38,610 and shares outstanding of 0, 0, 0 and 3,647,849, respectively		N/A			N/A			N/A		$	10.58
NUMBER OF SHARES AUTHORIZED		25,000,000	*		25,000,000	*		25,000,000	*		25,000,000
Institutional Class Shares — based on net assets of $3,627,662, $289,388, $7,739,659 and $883,359, and shares outstanding of 87,988,019, 30,534,404, 332,967,658, and 57,310,194, respectively	$	41.23		$	9.48		$	23.24		$	15.41
NUMBER OF SHARES AUTHORIZED		200,000,000			150,000,000			500,000,000			100,000,000
Investments in Affiliated Investment Companies at Cost	$	2,940,024		$	262,001		$	6,536,890		$	—
Investments at Cost	$	—		$	—		$	—		$	927,291
Temporary Cash Investments at Cost	$	—		$	—		$	—		$	10,364
Collateral Received from Securities on Loan at Cost	$	—		$	—		$	—		$	91,663
NET ASSETS CONSIST OF:
Paid-In Capital	$	3,031,029		$	295,254		$	6,715,224		$	927,934
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		15,445			(237	)		(2,818	)		2,108
Accumulated Net Realized Gain (Loss)		(106,765	)		(33,032	)		(176,574	)		7,150
Net Unrealized Appreciation (Depreciation)		687,953			27,403			1,203,827			(15,223	)
NET ASSETS	$	3,627,662		$	289,388		$	7,739,659		$	921,969

* Share class has not yet commenced operations. See Organization note in Notes to Financial Statements.

See accompanying Notes to Financial Statements.
71

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	U.S. Small Cap Value Portfolio			U.S. Core Equity 1 Portfolio			U.S. Core Equity 2 Portfolio			U.S. Vector Equity Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	8,211,362			—			—			—
Investments at Value (including $0, $203,643, $471,182, and $151,298 of securities on loan, respectively)		—		$	1,541,713		$	3,270,229		$	1,111,077
Temporary Cash Investments at Value		—			9,007			25,236			6,923
Collateral Received from Securities on Loan at Value		—			212,113			491,655			158,825
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			26			77			52
Dividends and Interest		—			2,436			4,870			1,349
Securities Lending Income		—			167			383			179
Fund Shares Sold		5,632			1,932			2,746			1,524
Prepaid Expenses and Other Assets		95			73			143			57
Total Assets		8,217,089			1,767,467			3,795,339			1,279,986
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			212,113			491,655			158,825
Investment Securities/Affiliated Investment Companies Purchased		778			6,942			22,167			5,298
Fund Shares Redeemed		4,854			539			1,755			318
Due to Advisor		2,015			215			536			272
Accrued Expenses and Other Liabilities		333			45			108			36
Total Liabilities		7,980			219,854			516,221			164,749
NET ASSETS	$	8,209,109		$	1,547,613		$	3,279,118		$	1,115,237
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $8,209,109, $1,547,613, $3,279,118 and $1,115,237 and shares outstanding of 347,003,330, 135,181,605, 287,693,994 and 100,793,485, respectively	$	23.66		$	11.45		$	11.40		$	11.06
NUMBER OF SHARES AUTHORIZED		650,000,000			200,000,000			400,000,000			200,000,000
Investments in Affiliated Investment Companies at Cost	$	8,240,356		$	—		$	—		$	—
Investments at Cost	$	—		$	1,505,690		$	3,294,089		$	1,139,151
Temporary Cash Investments at Cost	$	—		$	9,007		$	25,236		$	6,923
Collateral Received from Securities on Loan at Cost	$	—		$	212,113		$	491,655		$	158,825
NET ASSETS CONSIST OF:
Paid-In Capital	$	7,479,402		$	1,506,774		$	3,302,937		$	1,144,323
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(5,874	)		5,851			12,180			3,751
Accumulated Net Realized Gain (Loss)		764,575			(1,035	)		(12,139	)		(4,763	)
Net Unrealized Appreciation (Depreciation)		(28,994	)		36,023			(23,860	)		(28,074	)
NET ASSETS	$	8,209,109		$	1,547,613		$	3,279,118		$	1,115,237

See accompanying Notes to Financial Statements.
72

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	T.A. U.S. Core Equity 2 Portfolio			U.S. Small Cap Portfolio			U.S. Micro Cap Portfolio			DFA Real Estate Securities Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	2,836,188		$	4,232,282			—
Investments at Value (including $27,141, $0, $0 and $532,486 of securities on loan, respectively)	$	450,250			—			—		$	2,734,625
Temporary Cash Investments at Value		5,923			—			—			—
Collateral Received from Securities on Loan at Value		28,332			—			—			551,124
Receivables:
Investment Securities/Affiliated Investment Companies Sold		10			—			4			28,212
Dividends and Interest		684			—			—			2,103
Securities Lending Income		46			—			—			120
Fund Shares Sold		2,604			3,772			1,917			2,773
Prepaid Expenses and Other Assets		94			113			84			74
Deferred Offering Costs		13			—			—			—
Total Assets		487,956			2,840,073			4,234,287			3,319,031
LIABILITIES:
Payables:
Upon Return of Securities Loaned		28,332			—			—			551,124
Investment Securities/Affiliated Investment Companies Purchased		3,091			3,242			1			—
Fund Shares Redeemed		439			530			1,920			2,900
Due to Advisor		79			733			1,375			693
Loan Payable		—			—			—			21,303
Accrued Expenses and Other Liabilities		12			130			181			159
Total Liabilities		31,953			4,635			3,477			576,179
NET ASSETS	$	456,003		$	2,835,438		$	4,230,810		$	2,742,852
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $456,003, $2,835,438, $4,230,810 and $2,742,852 and shares outstanding of 49,907,368, 150,184,531, 330,207,392 and 108,124,712, respectively	$	9.14		$	18.88		$	12.81		$	25.37
NUMBER OF SHARES AUTHORIZED		100,000,000			400,000,000			650,000,000			250,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	2,641,926		$	3,958,796		$	—
Investments at Cost	$	446,291		$	—		$	—		$	2,244,755
Temporary Cash Investments at Cost	$	5,923		$	—		$	—		$	—
Collateral Received from Securities on Loan at Cost	$	28,332		$	—		$	—		$	551,124
NET ASSETS CONSIST OF:
Paid-In Capital	$	452,958		$	2,552,947		$	3,801,322		$	2,272,667
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		1,436			(2,122	)		(4,207	)		20,735
Accumulated Net Realized Gain (Loss)		(2,350	)		90,351			160,209			(40,420	)
Net Unrealized Appreciation (Depreciation)		3,959			194,262			273,486			489,870
NET ASSETS	$	456,003		$	2,835,438		$	4,230,810		$	2,742,852

See accompanying Notes to Financial Statements.
73

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	Large Cap International Portfolio			International Core Equity Portfolio			T.A. World ex U.S. Core Equity Portfolio			International Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—			—		$	50,139		$	5,562,759
Investments at Value (including $261,252, $462,371, $0, and $0 of securities on loan, respectively)	$	2,119,471		$	2,846,154			10,309			—
Temporary Cash Investments at Value		6,113			13,162			1,557			3,565
Collateral Received from Securities on Loan at Value		275,992			491,652			—			—
Foreign Currencies at Value		5,695			14,931			1,685			—
Cash		15			16			37			15
Receivables:
Investment Securities Sold		200			838			—			—
Dividends, Interest, and Tax Reclaims		10,610			16,141			31			—
From Advisor		—			—			6			—
Securities Lending Income		976			1,358			—			—
Fund Shares Sold		976			3,200			286			5,801
Prepaid Expenses and Other Assets		41			110			4			110
Deferred Offering Costs		—			—			19			—
Total Assets		2,420,089			3,387,562			64,073			5,572,250
LIABILITIES:
Payables:
Upon Return of Securities Loaned		275,992			491,652			—			—
Investment Securities/Affiliated Investment Companies Purchased		7,424			26,036			3,172			—
Fund Shares Redeemed		946			713			7			4,161
Due to Advisor		444			822			—			1,844
Accrued Expenses and Other Liabilities		143			650			5			217
Total Liabilities		284,949			519,873			3,184			6,222
NET ASSETS	$	2,135,140		$	2,867,689		$	60,889		$	5,566,028
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $2,135,140, $2,867,689, $60,889 and $5,566,028 and shares outstanding of 82,725,906, 211,378,097, 5,661,434 and 298,216,368, respectively	$	25.81		$	13.57		$	10.76		$	18.66
NUMBER OF SHARES AUTHORIZED		200,000,000			250,000,000			100,000,000			500,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	—		$	48,619		$	4,594,776
Investments at Cost	$	1,517,756		$	2,780,429		$	10,370		$	—
Temporary Cash Investments at Cost	$	6,113		$	13,162		$	1,557		$	3,565
Collateral Received from Securities on Loan at Cost	$	275,992		$	491,652		$	—		$	—
Foreign Currencies at Cost	$	5,665		$	14,816		$	1,691		$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,491,175		$	2,745,468		$	59,380		$	4,349,133
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		31,600			46,847			55			53,481
Accumulated Net Realized Gain (Loss)		10,776			9,731			(6	)		195,751
Net Unrealized Foreign Exchange		(156	)		(197	)		7			(320	)
Net Unrealized Appreciation (Depreciation)		601,745			65,840			1,453			967,983
NET ASSETS	$	2,135,140		$	2,867,689		$	60,889		$	5,566,028

See accompanying Notes to Financial Statements.
74

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	Japanese Small Company Portfolio			Asia Pacific Small Company Portfolio			United Kingdom Small Company Portfolio		Continental Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	200,254		$	147,559		$	46,506	$	190,167
Receivables:
Affiliated Investment Companies Sold		—			38			—		—
Fund Shares Sold		94			67			54		117
Prepaid Expenses and Other Assets		10			17			11		14
Total Assets		200,358			147,681			46,571		190,298
LIABILITIES:
Payables:
Affiliated Companies Purchased		80			—			54		85
Fund Shares Redeemed		14			105			—		32
Due to Advisor		65			51			14		62
Accrued Expenses and Other Liabilities		11			7			4		9
Total Liabilities		170			163			72		188
NET ASSETS	$	200,188		$	147,518		$	46,499	$	190,110
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $200,188, $147,518, $46,499 and $190,110 and shares outstanding of 12,537,715, 5,405,879, 1,724,343 and 8,824,865, respectively	$	15.97		$	27.29		$	26.97	$	21.54
NUMBER OF SHARES AUTHORIZED		50,000,000			50,000,000			70,000,000		50,000,000
Investments in Affiliated Investment Companies at Cost	$	298,988		$	133,119		$	39,966	$	158,219
NET ASSETS CONSIST OF:
Paid-In Capital	$	345,160		$	139,272		$	37,962	$	151,654
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		1,680			563			124		2,757
Accumulated Net Realized Gain (Loss)		(47,805	)		(6,753	)		1,870		3,693
Net Unrealized Foreign Exchange		(113	)		(4	)		3		58
Net Unrealized Appreciation (Depreciation)		(98,734	)		14,440			6,540		31,948
NET ASSETS	$	200,188		$	147,518		$	46,499	$	190,110

See accompanying Notes to Financial Statements.
75

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

		DFA International Real Estate Securities Portfolio			DFA International Small Cap Value Portfolio			Emerging Markets Portfolio			Emerging Markets Small Cap Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value			—			—		$	3,045,292		$	1,271,634
Investments at Value (including $82,611, $1,726,296, $0, and $0 of securities on loan, respectively)		$	542,012		$	8,475,343			—			—
Temporary Cash Investments at Value			2,600			14,790			—			—
Collateral Received from Securities on Loan at Value	��		88,818			1,842,713			—			—
Foreign Currencies at Value			3,715			37,930			—			—
Cash			16			15			—			—
Receivables:
Investment Securities Sold			—			14,403			—			—
Dividends, Interest, and Tax Reclaims			3,733			71,807			—			—
Securities Lending Income			158			2,833			—			—
Fund Shares Sold			1,264			7,557			2,592			1,083
Prepaid Expenses and Other Assets			95			149			91			36
Total Assets			642,411			10,467,540			3,047,975			1,272,753
LIABILITIES:
Payables:
Upon Return of Securities Loaned			88,818			1,842,713			—			—
Investment Securities/Affiliated Investment Companies Purchased			5,036			43,237			1,519			647
Fund Shares Redeemed			178			2,607			1,072			436
Due to Advisor			161			4,629			1,016			486
Accrued Expenses and Other Liabilities			25			523			113			49
Total Liabilities			94,218			1,893,709			3,720			1,618
NET ASSETS		$	548,193		$	8,573,831		$	3,044,255		$	1,271,135
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $548,193, $8,573,831, $3,044,255 and $1,271,135 and shares outstanding of 69,281,696, 438,543,713, 92,573,524 and 62,500,917, respectively		$	7.91		$	19.55		$	32.88		$	20.34
NUMBER OF SHARES AUTHORIZED			100,000,000			650,000,000			250,000,000			150,000,000
Investments in Affiliated Investment Companies at Cost		$	—		$	—		$	1,534,817		$	984,674
Investments at Cost		$	627,092		$	7,466,969		$	—		$	—
Temporary Cash Investments at Cost		$	2,600		$	14,790		$	—		$	—
Collateral Received from Securities on Loan at Cost		$	88,818		$	1,842,713		$	—		$	—
Foreign Currencies at Cost		$	3,707		$	37,779		$	—		$	—
NET ASSETS CONSIST OF:
Paid-In Capital		$	633,733		$	7,187,415		$	1,214,082		$	877,424
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)			(291	)		105,906			24,154			12,207
Accumulated Net Realized Gain (Loss)			(162	)		272,871			298,187			95,485
Deferred Thailand Capital Gains Tax			—			—			(2,695	)		(956	)
Net Unrealized Foreign Exchange			(15	)		(886	)		52			15
Net Unrealized Appreciation (Depreciation)			(85,072	)		1,008,525			1,510,475			286,960
NET ASSETS		$	548,193		$	8,573,831		$	3,044,255		$	1,271,135

See accompanying Notes to Financial Statements.
76

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	Emerging Markets Core Equity Portfolio			DFA One-Year Fixed Income Portfolio			DFA Two-Year Global Fixed Income Portfolio			DFA Selectively Hedged Global Fixed Income Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	3,503,275		$	3,218,622			—
Investments at Value (including $213,176, $0, $0 and $0 of securities on loan, respectively)	$	2,011,964			—			—		$	200,378
Temporary Cash Investments at Value		4,146			—			—			1,528
Collateral Received from Securities on Loan at Value		231,374			—			—			—
Foreign Currencies at Value		3,528			—			—			9,519
Cash		3,460			—			—			16
Receivables:
Investment Securities/Affiliated Investment Companies Sold		1,306			10,885			—			—
Interest		7,671			—			—			2,683
Securities Lending Income		312			—			—			—
Fund Shares Sold		2,549			3,575			2,854			1,224
Unrealized Gain on Forward Currency Contracts		—			—			—			10
Prepaid Expenses and Other Assets		85			109			114			32
Deferred Offering Costs		—			—			—			19
Total Assets		2,266,395			3,517,844			3,221,590			215,409
LIABILITIES:
Payables:
Upon Return of Securities Loaned		231,374			—			—			—
Investment Securities/Affiliated Investment Companies Purchased		9,802			—			476			9,684
Fund Shares Redeemed		718			14,459			2,379			5
Due to Advisor		912			292			267			18
Deferred Thailand Capital Gains Tax		1,216			—			—			—
Accrued Expenses and Other Liabilities		192			107			110			12
Total Liabilities		244,214			14,858			3,232			9,719
NET ASSETS	$	2,022,181		$	3,502,986		$	3,218,358		$	205,690
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $2,022,181, $3,502,986, $3,218,358 and $205,690 and shares outstanding of 99,231,796, 344,204,668, 309,704,053 and 20,145,307, respectively	$	20.38		$	10.18		$	10.39		$	10.21
NUMBER OF SHARES AUTHORIZED		200,000,000			550,000,000			550,000,000			100,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	3,493,969		$	3,098,289		$	—
Investments at Cost	$	1,505,984		$	—		$	—		$	200,255
Temporary Cash Investments at Cost	$	4,146		$	—		$	—		$	1,528
Collateral Received from Securities on Loan at Cost	$	231,374		$	—		$	—		$	—
Foreign Currencies at Cost	$	3,488		$	—		$	—		$	9,581
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,499,572		$	3,517,298		$	3,113,309		$	204,542
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		15,644			(330	)		(1,776	)		892
Accumulated Net Realized Gain (Loss)		2,182			(23,288	)		(13,508	)		105
Deferred Thailand Capital Gains Tax		(1,215	)		—			—			—
Net Unrealized Foreign Exchange		(22	)		—			—			90
Net Unrealized Appreciation (Depreciation)		506,020			9,306			120,333			61
NET ASSETS	$	2,022,181		$	3,502,986		$	3,218,358		$	205,690

See accompanying Notes to Financial Statements.
77

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	DFA Five-Year Government Portfolio			DFA Five-Year Global Fixed Income Portfolio			DFA Intermediate Government Fixed Income Portfolio		DFA Inflation- Protected Securities Portfolio
ASSETS:
Investments at Value	$	1,177,765		$	3,486,767		$	1,347,867	$	347,149
Temporary Cash Investments at Value		1,799			18,245			7,894		3,362
Foreign Currencies at Value		—			120			—		—
Cash		—			16			—		1
Receivables:
Investment Securities Sold		—			41,240			—		—
Interest		14,688			32,586			17,487		2,628
Fund Shares Sold		893			3,224			962		979
Unrealized Gain on Forward Currency Contracts		—			10,451			—		—
Prepaid Expenses and Other Assets		38			93			30		28
Total Assets		1,195,183			3,592,742			1,374,240		354,147
LIABILITIES:
Payables:
Fund Shares Redeemed		3,211			1,835			333		137
Due to Advisor		201			747			115		29
Unrealized Loss on Forward Currency Contracts		—			4,290			—		—
Accrued Expenses and Other Liabilities		61			790			74		11
Total Liabilities		3,473			7,662			522		177
NET ASSETS	$	1,191,710		$	3,585,080		$	1,373,718	$	353,970
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,191,710, $3,585,080, $1,373,718 and $353,970 and shares outstanding of 117,517,107, 334,894,356, 116,450,492 and 32,233,279, respectively	$	10.14		$	10.71		$	11.80	$	10.98
NUMBER OF SHARES AUTHORIZED		250,000,000			500,000,000			250,000,000		100,000,000
Investments at Cost	$	1,207,215		$	3,384,280		$	1,303,466	$	336,774
Temporary Cash Investments at Cost	$	1,799		$	18,245		$	7,894	$	3,362
Foreign Currencies at Cost	$	—		$	119		$	—	$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,235,965		$	3,526,749		$	1,311,155	$	336,404
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		7,514			25,885			15,127		6,764
Accumulated Net Realized Gain (Loss)		(22,319	)		(76,442	)		3,035		427
Net Unrealized Foreign Exchange		—			6,400			—		—
Net Unrealized Appreciation (Depreciation)		(29,450	)		102,488			44,401		10,375
NET ASSETS	$	1,191,710		$	3,585,080		$	1,373,718	$	353,970

See accompanying Notes to Financial Statements.
78

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

  MAY 31, 2008
  (Unaudited)
  (Amounts in thousands, except share and per share amounts)

	DFA Short-Term Municipal Bond Portfolio			DFA California Short-Term Municipal Bond Portfolio
ASSETS:
Investments at Value	$	959,807		$	186,655
Temporary Cash Investments at Value		17,325			4,815
Receivables:
Interest		7,862			2,369
Fund Shares Sold		950			1,048
Prepaid Expenses and Other Assets		45			32
Total Assets		985,989			194,919
LIABILITIES:
Payables:
Investment Securities Purchased		14,115			—
Fund Shares Redeemed		1,114			—
Due to Advisor		159			31
Accrued Expenses and Other Liabilities		43			10
Total Liabilities		15,431			41
NET ASSETS	$	970,558		$	194,878
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $970,558 and $194,878 and shares outstanding of 96,498,925 and 19,345,352, respectively	$	10.06		$	10.07
NUMBER OF SHARES AUTHORIZED		200,000,000			100,000,000
Investments at Cost	$	959,141		$	186,207
Temporary Cash Investments at Cost	$	17,325		$	4,815
NET ASSETS CONSIST OF:
Paid-In Capital	$	968,577		$	194,164
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		1,332			341
Accumulated Net Realized Gain (Loss)		(17	)		(75	)
Net Unrealized Appreciation (Depreciation)		666			448
NET ASSETS	$	970,558		$	194,878

See accompanying Notes to Financial Statements.
79

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	U.S. Large Company Portfolio*			Enhanced U.S. Large Company Portfolio			U.S. Large Cap Value Portfolio			U.S Targeted Value Portfolio
Investment Income
Income Distributions Received from Affiliated Investment Companies		—		$	6,460		$	29,629			—
Dividends	$	33,868			—			—		$	4,815
Interest		1,017			—			—			259
Income from Securities Lending		397			—			—			507
Expenses Allocated from Affiliated Investment Company		(722	)		—			—			—
Total Investment Income		34,560			6,460			29,629			5,581
Expenses
Investment Advisory Services Fees		—			—			—			354
Administrative Services Fees		1,585			223			5,423			884
Accounting & Transfer Agent Fees		30			9			57			50
Shareholder Servicing Fees — Class R1 Shares		—			—			—			12
Custodian Fees		—			—			—			20
Filing Fees		59			16			118			27
Shareholders' Reports		40			5			70			25
Directors'/Trustees' Fees & Expenses		11			—			27			3
Legal Fees		16			2			38			9
Audit Fees		4			1			8			3
Other		7			3			14			5
Total Expenses		1,752			259			5,755			1,392
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		29			—			—			—
Net Expenses		1,781			259			5,755			1,392
Net Investment Income (Loss)		32,779			6,201			23,874			4,189
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		—			8,681			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(7,445	)		(2,388	)		(48,144	)		7,337
Futures		(6,744	)		—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(167,846	)		(28,919	)		44,902			7,861
Futures		185			—			—			—
Net Realized and Unrealized Gain (Loss)		(181,850	)		(22,626	)		(3,242	)		15,198
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(149,071	)	$	(16,425	)	$	20,632		$	19,387

* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
80

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	U.S. Small Cap Value Portfolio			U.S. Core Equity 1 Portfolio			U.S. Core Equity 2 Portfolio			U.S. Vector Equity Portfolio
Investment Income
Income Distributions Received from Affiliated Investment Company	$	38,126			—			—			—
Dividends		—		$	11,563		$	25,502		$	8,054
Interest		—			231			348			192
Income from Securities Lending		—			727			1,803			941
Total Investment Income		38,126			12,521			27,653			9,187
Expenses
Investment Advisory Services Fees		—			1,120			2,974			1,499
Administrative Services Fees		12,145			—			—			—
Accounting & Transfer Agent Fees		65			83			174			65
Custodian Fees		—			21			27			16
Filing Fees		82			36			107			37
Shareholders' Reports		121			5			15			8
Directors'/Trustees' Fees & Expenses		15			3			9			3
Legal Fees		48			5			10			3
Audit Fees		10			7			15			5
Other		21			7			18			20
Total Expenses		12,507			1,287			3,349			1,656
Net Investment Income (Loss)		25,619			11,234			24,304			7,531
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		1,046,424			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Company Shares Sold		(62,581	)		2,340			3,675			(2,949	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities/Affiliated Investment Company Shares		(1,184,864	)		(34,449	)		(91,148	)		(22,219	)
Net Realized and Unrealized Gain (Loss)		(201,021	)		(32,109	)		(87,473	)		(25,168	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(175,402	)	$	(20,875	)	$	(63,169	)	$	(17,637	)

See accompanying Notes to Financial Statements.
81

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	T.A. U.S. Core Equity 2 Portfolio			U.S. Small Cap Portfolio			U.S. Micro Cap Portfolio			DFA Real Estate Securities Portfolio
Investment Income
Income Distributions Received from Affiliated Investment Companies		—		$	9,965		$	17,074			—
Dividends	$	2,485			—			—		$	37,185
Interest		166			—			—			207
Income from Securities Lending		154			—			—			641
Total Investment Income		2,805			9,965			17,074			38,033
Expenses
Investment Advisory Services Fees		321			—			—			3,825
Administrative Services Fees		—			4,483			8,374			—
Accounting & Transfer Agent Fees		26			27			37			153
Custodian Fees		18			—			—			16
Filing Fees		14			37			66			60
Shareholders' Reports		—			40			72			55
Directors'/Trustees' Fees & Expenses		1			5			7			8
Legal Fees		—			25			27			16
Audit Fees		1			5			6			17
Organizational and Offering Costs		18			—			—			—
Other		2			10			13			23
Total Expenses		401			4,632			8,602			4,173
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		24			—			—			—
Net Expenses		425			4,632			8,602			4,173
Net Investment Income (Loss)		2,380			5,333			8,472			33,860
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from:
Affiliated Investment Companies		—			243,531			379,091			—
Investment Securities		—			—			—			38,848
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(2,040	)		(62,745	)		(61,664	)		(75,407	)
Futures		—			—			—			(1,472	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities/Affiliated Investment Companies Shares		5,391			(286,776	)		(555,392	)		69,972
Net Realized and Unrealized Gain (Loss)		3,351			(105,990	)		(237,965	)		31,941
Net Increase (Decrease) in Net Assets Resulting from Operations	$	5,731		$	(100,657	)	$	(229,493	)	$	65,801

See accompanying Notes to Financial Statements.
82

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	Large Cap International Portfolio			International Core Equity Portfolio			T.A. World ex U.S. Core Equity Portfolio(a)			International Small Company Portfolio*
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Income Distributions		—			—		$	4			—
Dividends (Net of Foreign Taxes Withheld of $0, $0, $0, and $7,360, respectively)		—			—			—		$	85,506
Interest		—			—			—			483
Income from Securities Lending		—			—			—			11,822
Expenses		—			—			—			(3,641	)
Total Net Investment Income Received from Affiliated Investment Companies		—			—			4			94,170
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $4,431, $6,034, $7, and $0, respectively)	$	40,512		$	53,005			62			—
Interest		171			286			3			245
Income from Securities Lending		2,282			3,939			—			—
Total Fund Investment Income		42,965			57,230			65			245
Fund Expenses
Investment Advisory Services Fees		2,609			4,320			28			—
Administrative Services Fees		—			—			—			10,507
Accounting & Transfer Agent Fees		129			148			7			43
Custodian Fees		149			325			3			—
Filing Fees		30			77			—			51
Shareholders' Reports		37			19			—			61
Directors'/Trustees' Fees & Expenses		8			10			—			20
Legal Fees		10			7			—			26
Audit Fees		13			11			—			8
Organizational and Offering Costs		—			—			10			—
Other		16			11			—			9
Total Expenses		3,001			4,928			48			10,725
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			(34	)		—
Net Expenses		3,001			4,928			14			10,725
Net Investment Income (Loss)		39,964			52,302			55			83,690
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		11,746			10,024			—			174,622
Futures		—			—			—			(569	)
Foreign Currency Transactions		(127	)		(160	)		(6	)		282
In-Kind Redemptions		—			—			—			19,784
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(126,490	)		(138,169	)		1,453			(484,846	)
Translation of Foreign Currency Denominated Amounts		(196	)		(274	)		7			(668	)
Net Realized and Unrealized Gain (Loss)		(115,067	)		(128,579	)		1,454			(291,395	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(75,103	)	$	(76,277	)	$	1,509		$	(207,705	)

* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Funds (Affiliated Investment Companies).

(a) The Portfolio commenced operations on March 6, 2008.

See accompanying Notes to Financial Statements.
83

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	Japanese Small Company Portfolio*			Asia Pacific Small Company Portfolio*			United Kingdom Small Company Portfolio*			Continental Small Company Portfolio*
Investment Income
Dividends (Net of Foreign Taxes Withheld of $159, $28, $0 and $495, respectively)	$	2,115		$	2,239		$	720		$	3,085
Interest		6			17			2			14
Income from Securities Lending		660			371			6			377
Expenses Allocated from Affiliated Investment Companies		(122	)		(94	)		(23	)		(107	)
Total Investment Income		2,659			2,533			705			3,369
Expenses
Administrative Services Fees		371			261			74			306
Accounting & Transfer Agent Fees		8			7			7			8
Filing Fees		10			10			8			10
Shareholders' Reports		3			2			1			2
Directors'/Trustees' Fees & Expenses		—			1			—			1
Legal Fees		1			1			—			1
Audit Fees		1			1			1			1
Other		2			2			1			2
Total Expenses		396			285			92			331
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			22			(5	)		12
Net Expenses		396			307			87			343
Net Investment Income (Loss)		2,263			2,226			618			3,026
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		371			1,885			1,665			3,213
Futures		(10	)		(34	)		—			(16	)
Foreign Currency Transactions		73			(21	)		(10	)		42
In-Kind Redemptions		296			222			222			461
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(9,831	)		(10,376	)		(5,963	)		(9,641	)
Translation of Foreign Currency Denominated Amounts		(130	)		—			3			6
Net Realized and Unrealized Gain (Loss)		(9,231	)		(8,324	)		(4,083	)		(5,935	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(6,968	)	$	(6,098	)	$	(3,465	)	$	(2,909	)

* Investment Income and Realized and Unrealized Gain (Loss) were allocated from each Portfolio's respective Master Fund (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
84

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	DFA International Real Estate Securities Portfolio			DFA International Small Cap Value Portfolio			Emerging Markets Portfolio*			Emerging Markets Small Cap Portfolio*
Investment Income
Dividends (Net of Foreign Taxes Withheld of $1,533 $12,911, $3,681, and $1,110, respectively)	$	11,097		$	165,589		$	40,547		$	18,075
Interest		99			983			146			69
Income from Securities Lending		422			12,968			2,042			2,091
Expenses Allocated from Affiliated Investment Companies		—			—			(2,815	)		(1,965	)
Total Investment Income		11,618			179,540			39,920			18,270
Expenses
Investment Advisory Services Fees		751			26,058			—			—
Administrative Services Fees		—			—			6,151			2,960
Accounting & Transfer Agent Fees		36			459			29			16
Custodian Fees		69			700			—			—
Filing Fees		29			77			32			33
Shareholders' Reports		4			92			52			22
Directors'/Trustees' Fees & Expenses		2			31			12			7
Legal Fees		—			41			15			5
Audit Fees		2			49			4			2
Offering Costs		15			—			—			—
Other		2			60			9			5
Total Expenses		910			27,567			6,304			3,050
Net Investment Income (Loss)		10,708			151,973			33,616			15,220
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(68	)		274,660			302,021			97,301
Futures		—			(1,804	)		(348	)		(404	)
Foreign Currency Transactions		(48	)		744			(1,433	)		(1,349	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(59,371	)		(648,992	)		(414,647	)		(225,317	)
Translation of Foreign Currency Denominated Amounts		(29	)		(1,241	)		54			(67	)
Deferred Thailand Capital Gains Tax		—			—			713			223
Net Realized and Unrealized Gain (Loss)		(59,516	)		(376,633	)		(113,640	)		(129,613	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(48,808	)	$	(224,660	)	$	(80,024	)	$	(114,393	)

* Investment Income and Realized and Unrealized Gain (Loss) were allocated from each Portfolio's respective Master Fund (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
85

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	Emerging Markets Core Equity Portfolio			DFA One-Year Fixed Income Portfolio			DFA Two-Year Global Fixed Income Portfolio			DFA Selectively Hedged Global Fixed Income Portfolio(a)
Investment Income
Income Distributions Received from Affiliated Investment Company		—		$	65,126		$	51,254			—
Dividends (Net of Foreign Taxes Withheld of $2,013, $0, $0, and $0, respectively)	$	24,728			—			—			—
Interest		90			—			—		$	1,022
Income from Securities Lending		1,695			—			—			—
Total Investment Income		26,513			65,126			51,254			1,022
Expenses
Investment Advisory Services Fees		5,028			—			—			37
Administrative Services Fees		—			1,674			1,582			—
Accounting & Transfer Agent Fees		114			30			28			12
Custodian Fees		633			—			—			4
Filing Fees		27			68			54			2
Shareholders' Reports		10			38			42			—
Directors'/Trustees' Fees & Expenses		7			10			9			—
Legal Fees		7			15			14			—
Audit Fees		12			3			3			—
Organizational and Offering Costs		—			—			—			13
Other		11			5			6			—
Total Expenses		5,849			1,843			1,738			68
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			(6	)
Net Expenses		5,849			1,843			1,738			62
Net Investment Income (Loss)		20,664			63,283			49,516			960
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Company Shares Sold		2,486			(591	)		(561	)		—
Foreign Currency Transactions		3			—			—			105
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares and Foreign Currency		(75,327	)		(9,480	)		4,564			61
Translation of Foreign Currency Denominated Amounts		(35	)		—			—			90
Deferred Thailand Capital Gains Tax		(33	)		—			—			—
Net Realized and Unrealized Gain (Loss)		(72,906	)		(10,071	)		4,003			256
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(52,242	)	$	53,212		$	53,519		$	1,216

(a) The Portfolio commenced operations on January 9, 2008.

See accompanying Notes to Financial Statements.
86

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	DFA Five-Year Government Portfolio			DFA Five-Year Global Fixed Income Portfolio			DFA Intermediate Government Fixed Income Portfolio			DFA Inflation- Protected Securities Portfolio
Investment Income
Interest	$	19,624		$	53,788		$	30,760		$	10,119
Total Investment Income		19,624			53,788			30,760			10,119
Expenses
Investment Advisory Services Fees		1,219			4,462			676			155
Accounting & Transfer Agent Fees		78			211			85			27
Custodian Fees		7			120			7			2
Filing Fees		29			62			32			11
Shareholders' Reports		19			37			13			4
Directors'/Trustees' Fees & Expenses		4			14			6			2
Legal Fees		6			12			5			1
Audit Fees		7			19			7			1
Other		5			13			4			1
Total Expenses		1,374			4,950			835			204
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			31
Net Expenses		1,374			4,950			835			235
Net Investment Income (Loss)		18,250			48,838			29,925			9,884
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		1			(1,479	)		3,111			427
Foreign Currency Transactions		—			(42,031	)		—			—
Change in Unrealized Appreciation (Depreciation) of Investment Securities and Foreign Currency		(29,806	)		15,403			(11,149	)		(2,015	)
Translation of Foreign Currency Denominated Amounts		—			(7,061	)		—			—
Net Realized and Unrealized Gain (Loss)		(29,805	)		(35,168	)		(8,038	)		(1,588	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(11,555	)	$	13,670		$	21,887		$	8,296

See accompanying Notes to Financial Statements.
87

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

	DFA Short-Term Municipal Bond Portfolio		DFA California Short-Term Municipal Bond Portfolio
Investment Income
Interest	$	11,258	$	2,093
Total Investment Income		11,258		2,093
Expenses
Investment Advisory Services Fees		958		160
Accounting & Transfer Agent Fees		63		19
Custodian Fees		6		2
Filing Fees		22		11
Shareholders' Reports		8		—
Directors'/Trustees' Fees & Expenses		3		1
Legal Fees		4		2
Audit Fees		5		1
Offering Costs		—		11
Other		4		1
Total Expenses		1,073		208
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—		16
Net Expenses		1,073		224
Net Investment Income (Loss)		10,185		1,869
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on Investment Securities Sold		—		(71	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities and Foreign Currency		1,842		238
Net Realized and Unrealized Gain (Loss)		1,842		167
Net Increase (Decrease) in Net Assets Resulting from Operations	$	12,027	$	2,036

See accompanying Notes to Financial Statements.
88

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Large Company Portfolio						Enhanced U.S. Large Company Portfolio						U.S. Large Cap Value Portfolio						U.S. Targeted Value Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	32,779		$	59,476		$	6,201		$	9,767		$	23,874		$	95,990		$	4,189		$	3,886
Capital Gain Distributions Received from Affiliated Investment Companies		—			—			8,681			26,075			—			346,023			—			26,668
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(7,445	)		3,775			(2,388	)		3,051			(48,144	)		(16,877	)		7,337			(2,825	)
Futures		(6,744	)		714			—			—			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(167,846	)		164,399			(28,919	)		(13,649	)		44,902			(537,538	)		7,861			(75,837	)
Futures		185			(288	)		—			—			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(149,071	)		228,076			(16,425	)		25,244			20,632			(112,402	)		19,387			(48,108	)
Distributions From:
Net Investment Income:
Class R1 Shares		—			—			—			—			—			—			(102	)		—
Institutional Class Shares		(33,688	)		(55,847	)		(6,442	)		(11,397	)		(50,382	)		(88,197	)		(2,773	)		(3,642	)
Net Short-Term Gains:
Institutional Class Shares		—			—			(4,842	)		(11,623	)		(304	)		(10,685	)		—			(5,313	)
Net Long-Term Gains:
Institutional Class Shares		—			—			(17,601	)		(1,991	)		(315,650	)		(127,166	)		(14,019	)		(11,902	)
Total Distributions		(33,688	)		(55,847	)		(28,885	)		(25,011	)		(366,336	)		(226,048	)		(16,894	)		(20,857	)
Capital Share Transactions (1):
Shares Issued		671,210			906,212			20,494			93,808			1,263,740			2,547,717			494,195			500,717	*
Shares Issued in Lieu of Cash Distributions		31,145			51,856			28,244			24,050			340,164			203,411			16,154			18,152
Shares Redeemed		(307,767	)		(583,275	)		(51,090	)		(128,257	)		(1,054,093	)		(1,287,212	)		(145,678	)		(110,437	)
Net Increase (Decrease) from Capital Share Transactions		394,588			374,793			(2,352	)		(10,399	)		549,811			1,463,916			364,671			408,432
Total Increase (Decrease) in Net Assets		211,829			547,022			(47,662	)		(10,166	)		204,107			1,125,466			367,164			339,467
Net Assets
Beginning of Period		3,415,833			2,868,811			337,050			347,216			7,535,552			6,410,086			554,805			215,338
End of Period	$	3,627,662		$	3,415,833		$	289,388		$	337,050		$	7,739,659		$	7,535,552		$	921,969		$	554,805
(1) Shares Issued and Redeemed:
Shares Issued		16,541			21,005			2,188			8,538			56,684			97,946			35,123			28,579
Shares Issued in Lieu of Cash Distributions		765			1,222			2,888			2,263			14,954			8,025			1,088			1,060
Shares Redeemed		(7,642	)		(13,462	)		(5,428	)		(11,632	)		(46,944	)		(50,063	)		(10,170	)		(6,247	)
		9,664			8,765			(352	)		(831	)		24,694			55,908			26,041			23,392
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	15,445		$	16,354		$	(237	)	$	4		$	(2,818	)	$	23,690		$	2,108		$	794

* Includes $6,246 in capital contributions related to the liquidation of The U.S. Targeted Value Series. See Organization note within the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
89

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Small Cap Value Portfolio						U.S. Core Equity 1 Portfolio						U.S. Core Equity 2 Portfolio						U.S. Vector Equity Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	25,619		$	92,097		$	11,234		$	14,928		$	24,304		$	34,532		$	7,531		$	9,503
Capital Gain Distributions Received from Affiliated Investment Company		1,046,424			875,446			—			—			—			—			—			—
Net Realized Gain (Loss) on: Investment Securities Sold/Affiliated Investment Company Shares Sold		(62,581	)		(37,370	)		2,340			(3,304	)		3,675			(15,734	)		(2,949	)		(1,810	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities/ Affiliated Investment Company Shares		(1,184,864	)		(1,754,043	)		(34,449	)		15,592			(91,148	)		(32,306	)		(22,219	)		(41,111	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(175,402	)		(823,870	)		(20,875	)		27,216			(63,169	)		(13,508	)		(17,637	)		(33,418	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(40,340	)		(85,546	)		(5,727	)		(14,899	)		(12,597	)		(34,490	)		(6,899	)		(7,650	)
Net Short-Term Gains:
Institutional Class Shares		—			(72,477	)		—			(578	)		—			(1,625	)		—			(6,329	)
Net Long-Term Gains:
Institutional Class Shares		(746,639	)		(592,599	)		—			(1,040	)		—			(1,516	)		—			—
Total Distributions		(786,979	)		(750,622	)		(5,727	)		(16,517	)		(12,597	)		(37,631	)		(6,899	)		(13,979	)
Capital Share Transactions (1):
Shares Issued		1,248,616			2,756,160			507,866			609,131			849,253			2,019,061			353,849			689,895
Shares Issued in Lieu of Cash Distributions		766,211			722,554			5,519			16,079			12,390			37,027			6,776			13,800
Shares Redeemed		(1,646,183	)		(1,839,654	)		(149,201	)		(78,148	)		(446,179	)		(281,839	)		(180,594	)		(99,868	)
Net Increase (Decrease) from Capital Share Transactions		368,644			1,639,060			364,184			547,062			415,464			1,774,249			180,031			603,827
Total Increase (Decrease) in Net Assets		(593,737	)		64,568			337,582			557,761			339,698			1,723,110			155,495			556,430
Net Assets
Beginning of Period		8,802,846			8,738,278			1,210,031			652,270			2,939,420			1,216,310			959,742			403,312
End of Period	$	8,209,109		$	8,802,846		$	1,547,613		$	1,210,031		$	3,279,118		$	2,939,420		$	1,115,237		$	959,742
(1) Shares Issued and Redeemed:
Shares Issued		53,438			93,005			45,969			50,720			77,072			165,360			33,089			57,308
Shares Issued in Lieu of Cash Distributions		32,673			24,691			520			1,371			1,174			3,137			641			1,170
Shares Redeemed		(71,364	)		(62,068	)		(13,569	)		(6,544	)		(40,323	)		(23,138	)		(17,275	)		(8,342	)
		14,747			55,628			32,920			45,547			37,923			145,359			16,455			50,136
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(5,874	)	$	8,847		$	5,851		$	344		$	12,180		$	473		$	3,751		$	3,119

See accompanying Notes to Financial Statements.
90

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	T.A. U.S. Core Equity 2 Portfolio						U.S. Small Cap Portfolio						U.S. Micro Cap Portfolio						DFA Real Estate Securities Portfolio
	Six Months Ended May 31, 2008			Oct. 4, 2007(a) to Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	2,380		$	167		$	5,333		$	33,291		$	8,472		$	45,400		$	33,860		$	57,485
Capital Gain Distributions Received from:
Affiliated Investment Companies		—			—			243,531			216,208			379,091			436,439			—			—
Investment Securities		—			—			—			—			—			—			38,848			41,558
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(2,040	)		(310	)		(62,745	)		2,061			(61,664	)		(3,367	)		(75,407	)		181,105
Futures		—			—			—			—			—			—			(1,472	)		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares and Foreign Currency		5,391			(1,432	)		(286,776	)		(321,609	)		(555,392	)		(655,320	)		69,972			(762,357	)
Net Increase (Decrease) in Net Assets Resulting from Operations		5,731			(1,575	)		(100,657	)		(70,049	)		(229,493	)		(176,848	)		65,801			(482,209	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(1,117	)		—			(10,953	)		(32,047	)		(19,491	)		(40,532	)		(13,286	)		(62,692	)
Net Short-Term Gains:
Institutional Class Shares		—			—			(8,922	)		(34,803	)		(40,254	)		(62,657	)		(3,305	)		(2,939	)
Net Long-Term Gains:
Institutional Class Shares		—			—			(173,725	)		(134,723	)		(350,779	)		(324,224	)		(200,903	)		(70,533	)
Total Distributions		(1,117	)		—			(193,600	)		(201,573	)		(410,524	)		(427,413	)		(217,494	)		(136,164	)
Capital Share Transactions (1):
Shares Issued		444,466			120,639			528,824			727,472			522,153			1,088,866			568,882			1,093,839
Shares Issued in Lieu of Cash Distributions		1,107			—			189,623			197,467			403,050			415,408			214,317			133,705
Shares Redeemed		(100,691	)		(12,557	)		(873,845	)		(665,423	)		(754,747	)		(1,023,645	)		(560,111	)		(774,740	)
Net Increase (Decrease) from Capital Share Transactions		344,882			108,082			(155,398	)		259,516			170,456			480,629			223,088			452,804
Total Increase (Decrease) in Net Assets		349,496			106,507			(449,655	)		(12,106	)		(469,561	)		(123,632	)		71,395			(165,569	)
Net Assets
Beginning of Period		106,507			—			3,285,093			3,297,199			4,700,371			4,824,003			2,671,457			2,837,026
End of Period	$	456,003		$	106,507		$	2,835,438		$	3,285,093		$	4,230,810		$	4,700,371		$	2,742,852		$	2,671,457
(1) Shares Issued and Redeemed:
Shares Issued		50,008			12,664			29,011			33,265			41,154			68,282			24,123			34,996
Shares Issued in Lieu of Cash Distributions		130			—			9,966			9,289			30,397			26,806			9,155			4,257
Shares Redeemed		(11,560	)		(1,335	)		(47,938	)		(30,180	)		(58,880	)		(64,141	)		(23,377	)		(24,958	)
		38,578			11,329			(8,961	)		12,374			12,671			30,947			9,901			14,295
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	1,436		$	173		$	(2,122	)	$	3,498		$	(4,207	)	$	6,812		$	20,735		$	161

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
91

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Large Cap International Portfolio						International Core Equity Portfolio						T.A. World ex U.S. Core Equity Portfolio			International Small Company Portfolio						Japanese Small Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			March 6, 2008(a) to May 31, 2008			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)			(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	39,964		$	51,732		$	52,302		$	39,035		$	55		$	83,690		$	108,657		$	2,263		$	3,072
Net Realized Gain (Loss) on:
Investment Securities Sold		11,746			37,442			10,024			24,982			—			174,622			331,045			371			(7,840	)
Futures					—						—						—			(569	)					(10	)
Foreign Currency Transactions		(127	)		174			(160	)		105			(6	)		282			1,035			73			(35	)
In-Kind Redemptions		—			—			—			—			—			19,784			—			296			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(126,490	)		231,080			(138,169	)		105,889			1,453			(484,846	)		162,772			(9,831	)		365
Translation of Foreign Currency Denominated Amounts		(196	)		(44	)		(274	)		59			7			(668	)		160			(130	)		19
Net Increase (Decrease) in Net Assets Resulting from Operations		(75,103	)		320,384			(76,277	)		170,070			1,509			(207,705	)		603,669			(6,968	)		(4,419	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(7,110	)		(51,063	)		(7,064	)		(38,518	)		—			(36,360	)		(114,210	)		(1,477	)		(2,759	)
Net Short-Term Gains:
Institutional Class Shares		—			—			(7,592	)		(2,252	)		—			(36,135	)		(28,033	)		—			—
Net Long-Term Gains:
Institutional Class Shares		(28,968	)		—			(17,163	)		(205	)		—			(278,291	)		(129,328	)		—			—
Total Distributions		(36,078	)		(51,063	)		(31,819	)		(40,975	)		—			(350,786	)		(271,571	)		(1,477	)		(2,759	)
Capital Share Transactions (1):
Shares Issued		259,867			529,554			837,059			1,460,555			61,258			709,320			1,085,538			21,325			102,980
Shares Issued in Lieu of Cash Distributions		33,707			47,880			30,697			39,306			—			338,241			258,985			1,400			2,746
Shares Redeemed		(271,433	)		(295,814	)		(234,158	)		(137,846	)		(1,878	)		(520,251	)		(625,483	)		(13,172	)		(68,425	)
Net Increase (Decrease) from Capital Share Transactions		22,141			281,620			633,598			1,362,015			59,380			527,310			719,040			9,553			37,301
Total Increase (Decrease) in Net Assets		(89,040	)		550,941			525,502			1,491,110			60,889			(31,181	)		1,051,138			1,108			30,123
Net Assets
Beginning of Period		2,224,180			1,673,239			2,342,187			851,077			—			5,597,209			4,546,071			199,080			168,957
End of Period	$	2,135,140		$	2,224,180		$	2,867,689		$	2,342,187		$	60,889		$	5,566,028		$	5,597,209		$	200,188		$	199,080
(1) Shares Issued and Redeemed:
Shares Issued		10,472			20,502			63,865			103,681			5,843			39,480			52,082			1,427			5,861
Shares Issued in Lieu of Cash Distributions		1,341			1,862			2,312			2,819			—			18,587			13,230			91			157
Shares Redeemed		(10,923	)		(11,428	)		(17,971	)		(9,741	)		(182	)		(29,011	)		(30,074	)		(864	)		(3,939	)
		890			10,936			48,206			96,759			5,661			29,056			35,238			654			2,079
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$		31,600	$	(1,254	)	$		46,847	$	1,609		$		55	$		53,481	$	6,151		$		1,680	$	894

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
92

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Asia Pacific Small Company Portfolio						United Kingdom Small Company Portfolio						Continental Small Company Portfolio						DFA International Real Estate Securities Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			March 1, 2007(a) to Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	2,226		$	3,553		$	618		$	899		$	3,026		$	2,554		$	10,708		$	4,578
Net Realized Gain (Loss) on:
Investment Securities Sold		1,885			4,912			1,665			1,545			3,213			7,620			(68	)		(3	)
Futures		(34	)		—			—			—			(16	)		—			—			—
Foreign Currency Transactions		(21	)		93			(10	)		13			42			39			(48	)		9
In-Kind Redemptions		222			—			222			—			461			—			—			—
Change in Unrealized Appreciation (Depreciation) of: Investment Securities and Foreign Currency		(10,376	)		32,175			(5,963	)		(2,123	)		(9,641	)		4,064			(59,371	)		(25,701	)
Translation of Foreign Currency Denominated Amounts		—			(2	)		3			—			6			10			(29	)		14
Net Increase (Decrease) in Net Assets Resulting from Operations		(6,098	)		40,731			(3,465	)		334			(2,909	)		14,287			(48,808	)		(21,103	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(2,284	)		(3,089	)		(323	)		(1,097	)		(71	)		(2,638	)		(12,876	)		(2,361	)
Net Short-Term Gains:
Institutional Class Shares		—			—			(123	)		(217	)		(347	)		(549	)		—			—
Net Long-Term Gains:
Institutional Class Shares		—			—			(1,311	)		(1,092	)		(6,770	)		(1,842	)		—			—
Total Distributions		(2,284	)		(3,089	)		(1,757	)		(2,406	)		(7,188	)		(5,029	)		(12,876	)		(2,361	)
Capital Share Transactions (1):
Shares Issued		33,370			58,296			15,986			11,009			54,639			94,168			326,233			375,453
Shares Issued in Lieu of Cash Distributions		2,129			3,008			1,750			2,404			7,046			4,921			12,529			2,263
Shares Redeemed		(25,906	)		(24,176	)		(3,154	)		(6,010	)		(32,387	)		(27,699	)		(65,725	)		(17,412	)
Net Increase (Decrease) from Capital Share Transactions		9,593			37,128			14,582			7,403			29,298			71,390			273,037			360,304
Total Increase (Decrease) in Net Assets		1,211			74,770			9,360			5,331			19,201			80,648			211,353			336,840
Net Assets
Beginning of Period		146,307			71,537			37,139			31,808			170,909			90,261			336,840			—
End of Period	$	147,518		$	146,307		$	46,499		$	37,139		$	190,110		$	170,909		$	548,193		$	336,840
(1) Shares Issued and Redeemed:
Shares Issued		1,247			2,409			590			327			2,589			4,007			39,711			37,594
Shares Issued in Lieu of Cash Distributions		82			131			64			74			340			227			1,522			239
Shares Redeemed		(1,015	)		(979	)		(117	)		(179	)		(1,552	)		(1,195	)		(7,963	)		(1,821	)
		314			1,561			537			222			1,377			3,039			33,270			36,012
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	563		$	621		$	124		$	(171	)	$	2,757		$	(198	)	$	(291	)	$	1,877

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
93

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA International Small Cap Value Portfolio						Emerging Markets Portfolio						Emerging Markets Small Cap Portfolio						Emerging Markets Core Equity Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	151,973		$	162,639		$	33,616		$	61,164		$	15,220		$	17,268		$	20,664		$	24,655
Net Realized Gain (Loss) on:
Investment Securities Sold		274,660			682,920			302,021			138,572			97,301			98,170			2,486			7,602
Futures		(1,804	)		—			(348	)		—			(404	)		—			—			—
Foreign Currency Transactions		744			3,452			(1,433	)		(116	)		(1,349	)		(319	)		3			(348	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(648,992	)		(197,398	)		(414,647	)		809,069			(225,317	)		268,054			(75,327	)		426,503
Translation of Foreign Currency Denominated Amounts		(1,241	)		46			54			(26	)		(67	)		74			(35	)		(1	)
Deferred Thailand Capital Gains Tax		—			—			713			(825	)		223			(451	)		(33	)		(772	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(224,660	)		651,659			(80,024	)		1,007,838			(114,393	)		382,796			(52,242	)		457,639
Distributions From:
Net Investment Income:
Institutional Class Shares		(79,150	)		(179,161	)		(20,358	)		(50,360	)		(5,406	)		(13,632	)		(5,009	)		(23,343	)
Net Short-Term Gains:
Institutional Class Shares		(65,513	)		(22,039	)		(855	)		—			(7,087	)		(5,938	)		(1,903	)		(1,657	)
Net Long-Term Gains:
Institutional Class Shares		(533,622	)		(365,355	)		(126,608	)		(14,375	)		(83,694	)		(46,706	)		(5,275	)		(1,602	)
Total Distributions		(678,285	)		(566,555	)		(147,821	)		(64,735	)		(96,187	)		(66,276	)		(12,187	)		(26,602	)
Capital Share Transactions (1):
Shares Issued		1,621,902			2,243,987			293,701			654,824			158,723			507,036			436,251			857,837
Shares Issued in Lieu of Cash Distributions		653,269			539,597			123,315			52,208			78,188			60,107			11,846			25,903
Shares Redeemed		(979,254	)		(1,420,896	)		(533,358	)		(606,683	)		(213,348	)		(264,459	)		(190,953	)		(307,447	)
Net Increase (Decrease) from Capital Share Transactions		1,295,917			1,362,688			(116,342	)		100,349			23,563			302,684			257,144			576,293
Total Increase (Decrease) in Net Assets		392,972			1,447,792			(344,187	)		1,043,452			(187,017	)		619,204			192,715			1,007,330
Net Assets
Beginning of Period		8,180,859			6,733,067			3,388,442			2,344,990			1,458,152			838,948			1,829,466			822,136
End of Period	$	8,573,831		$	8,180,859		$	3,044,255		$	3,388,442		$	1,271,135		$	1,458,152		$	2,022,181		$	1,829,466
(1) Shares Issued and Redeemed:
Shares Issued		84,626			98,177			9,195			21,863			7,760			23,711			22,021			46,855
Shares Issued in Lieu of Cash Distributions		34,511			25,571			3,823			1,846			3,650			3,382			597			1,454
Shares Redeemed		(51,619	)		(62,812	)		(16,630	)		(19,853	)		(10,321	)		(12,406	)		(9,693	)		(16,331	)
		67,518			60,936			(3,612	)		3,856			1,089			14,687			12,925			31,978
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	105,906		$	33,083		$	24,154		$	10,896		$	12,207		$	2,393		$	15,644		$	(11	)

See accompanying Notes to Financial Statements.
94

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA One-Year Fixed Income Portfolio						DFA Two-Year Global Fixed Income Portfolio						DFA Selectively Hedged Global Fixed Income Portfolio			DFA Five-Year Government Portfolio						DFA Five-Year Global Fixed Income Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Jan. 9, 2008(a) to May 31, 2008			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)			(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	63,283		$	149,623		$	49,516		$	71,628		$	960		$	18,250		$	51,637		$	48,838		$	87,390
Net Realized Gain (Loss) on:
Investment Securities Sold/ Affiliated Investment Company Shares Sold		(591	)		(1,012	)		(561	)		(792	)		—			1			—			(1,479	)		(13,531	)
Foreign Currency Transactions		—			—			—			—			105			—			—			(42,031	)		(29,264	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares and Foreign Currency		(9,480	)		3,935			4,564			65,338			61			(29,806	)		645			15,403			31,164
Translation of Foreign Currency Denominated Amounts		—			—			—			—			90			—			—			(7,061	)		67,297
Net Increase (Decrease) in Net Assets Resulting from Operations		53,212			152,546			53,519			136,174			1,216			(11,555	)		52,282			13,670			143,056
Distributions From:
Net Investment Income:
Institutional Class Shares		(64,158	)		(149,471	)		(51,498	)		(78,938	)		(68	)		(23,921	)		(49,378	)		(58,380	)		(60,967	)
Net Short-Term Gains:
Institutional Class Shares		—			—			(300	)		—			—						—						—
Net Long-Term Gains:
Institutional Class Shares		—			—			(299	)		—			—			—			—			—			—
Total Distributions		(64,158	)		(149,471	)		(52,097	)		(78,938	)		(68	)		(23,921	)		(49,378	)		(58,380	)		(60,967	)
Capital Share Transactions (1):
Shares Issued		1,028,982			2,045,675			484,286			1,087,521			205,570			212,411			467,057			593,071			1,355,752
Shares Issued in Lieu of Cash Distributions		62,760			146,025			51,667			78,258			68			23,373			48,237			55,881			58,427
Shares Redeemed		(807,387	)		(1,383,749	)		(416,915	)		(548,739	)		(1,096	)		(225,207	)		(233,710	)		(504,081	)		(399,133	)
Net Increase (Decrease) from Capital Share Transactions		284,355			807,951			119,038			617,040			204,542			10,577			281,584			144,871			1,015,046
Total Increase (Decrease) in Net Assets		273,409			811,026			120,460			674,276			205,690			(24,899	)		284,488			100,161			1,097,135
Net Assets
Beginning of Period		3,229,577			2,418,551			3,097,898			2,423,622			—			1,216,609			932,121			3,484,919			2,387,784
End of Period	$	3,502,986		$	3,229,577		$	3,218,358		$	3,097,898		$	205,690		$	1,191,710		$	1,216,609		$	3,585,080		$	3,484,919
(1) Shares Issued and Redeemed:
Shares Issued		101,021			200,504			46,866			105,633			20,246			20,493			44,986			55,041			126,584
Shares Issued in Lieu of Cash Distributions		6,177			14,346			5,046			7,641			6			2,258			4,674			5,223			5,452
Shares Redeemed		(79,303	)		(135,669	)		(40,361	)		(53,359	)		(107	)		(21,744	)		(22,517	)		(46,779	)		(37,300	)
		27,895			79,181			11,551			59,915			20,145			1,007			27,143			13,485			94,736
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(330	)	$	545		$	(1,776	)	$	206		$	892		$	7,514		$	13,185		$	25,885		$	35,427

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
95

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Intermediate Government Fixed Income Portfolio						DFA Inflation-Protected Securities Portfolio						DFA Short-Term Municipal Bond Portfolio						DFA California Short-Term Municipal Bond Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			April 2, 2007(a) to Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	29,925		$	51,217		$	9,884		$	4,228		$	10,185		$	25,609		$	1,869		$	1,493
Net Realized Gain (Loss) on Investment Securities Sold		3,111			99			427			—			—			—			(71	)		(4	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities		(11,149	)		43,651			(2,015	)		11,920			1,842			2,926			238			210
Net Increase (Decrease) in Net Assets Resulting from Operations		21,887			94,967			8,296			16,148			12,027			28,535			2,036			1,699
Distributions From:
Net Investment Income:
Institutional Class Shares		(29,301	)		(46,222	)		(4,419	)		(2,996	)		(11,380	)		(24,969	)		(1,927	)		(1,116	)
Net Long-Term Gains:
Institutional Class Shares		(112	)		(310	)		—			—			—			—			—			—
Total Distributions		(29,413	)		(46,532	)		(4,419	)		(2,996	)		(11,380	)		(24,969	)		(1,927	)		(1,116	)
Capital Share Transactions (1):
Shares Issued		257,550			484,902			156,085			197,991			187,927			452,239			102,940			143,647
Shares Issued in Lieu of Cash Distributions		27,455			42,284			4,417			2,996			11,098			24,353			1,849			1,060
Shares Redeemed		(218,614	)		(132,160	)		(50,812	)		(8,035	)		(177,540	)		(229,674	)		(39,003	)		(16,307	)
Net Increase (Decrease) from Capital Share Transactions		66,391			395,026			109,690			192,952			21,485			246,918			65,786			128,400
Total Increase (Decrease) in Net Assets		58,865			443,461			113,567			206,104			22,132			250,484			65,895			128,983
Net Assets
Beginning of Period		1,314,853			871,392			240,403			34,299			948,426			697,942			128,983			—
End of Period	$	1,373,718		$	1,314,853		$	353,970		$	240,403		$	970,558		$	948,426		$	194,878		$	128,983
(1) Shares Issued and Redeemed:
Shares Issued		21,487			42,833			14,160			19,382			18,698			45,158			10,220			14,330
Shares Issued in Lieu of Cash Distributions		2,322			3,751			402			298			1,105			2,434			184			106
Shares Redeemed		(18,216	)		(11,629	)		(4,590	)		(786	)		(17,652	)		(22,928	)		(3,871	)		(1,624	)
		5,593			34,955			9,972			18,894			2,151			24,664			6,533			12,812
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	15,127		$	14,503		$	6,764		$	1,299		$	1,332		$	2,527		$	341		$	399

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
96

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	43.61		$	41.24		$	36.79		$	34.59		$	31.16		$	27.56
Income From Investment Operations
Net Investment Income (Loss)		0.40	(A)		0.80	(A)		0.71	(A)		0.60			0.61			0.47
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.36	)		2.33			4.41			2.28			3.31			3.57
Total From Investment Operations		(1.96	)		3.13			5.12			2.88			3.92			4.04
Less Distributions
Net Investment Income		(0.42	)		(0.76	)		(0.67	)		(0.68	)		(0.49	)		(0.44	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.42	)		(0.76	)		(0.67	)		(0.68	)		(0.49	)		(0.44	)
Net Asset Value, End of Period	$	41.23		$	43.61		$	41.24		$	36.79		$	34.59		$	31.16
Total Return		(4.47	)%(C)		7.66	%		14.12	%		8.41	%		12.68	%		14.90	%
Net Assets, End of Period (thousands)	$	3,627,662		$	3,415,833		$	2,868,811		$	2,088,128		$	1,440,869		$	1,017,265
Ratio of Expenses to Average Net Assets (D)		0.15	%(B)		0.15	%		0.15	%		0.15	%		0.15	%		0.15	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.15	%(B)		0.15	%		0.19	%		0.30	%		0.30	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		1.96	%(B)		1.85	%		1.85	%		1.78	%		1.92	%		1.66	%

	Enhanced U.S. Large Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.91		$	10.95		$	9.82		$	9.35		$	8.42		$	7.41
Income From Investment Operations
Net Investment Income (Loss)		0.20	(A)		0.30	(A)		0.12	(A)		0.29			0.09			0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.69	)		0.45			1.19			0.37			0.94			1.02
Total From Investment Operations		(0.49	)		0.75			1.31			0.66			1.03			1.12
Less Distributions
Net Investment Income		(0.21	)		(0.36	)		(0.18	)		(0.19	)		(0.10	)		(0.11	)
Net Realized Gains		(0.73	)		(0.43	)		—			—			—			—
Total Distributions		(0.94	)		(0.79	)		(0.18	)		(0.19	)		(0.10	)		(0.11	)
Net Asset Value, End of Period	$	9.48		$	10.91		$	10.95		$	9.82		$	9.35		$	8.42
Total Return		(4.74	)%(C)		7.13	%		13.52	%		7.08	%		12.28	%		15.39	%
Net Assets, End of Period (thousands)	$	289,388		$	337,050		$	347,216		$	313,543		$	221,744		$	141,489
Ratio of Expenses to Average Net Assets (D)		0.25	%(B)		0.25	%		0.26	%		0.34	%		0.37	%		0.36	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.25	%(B)		0.25	%		0.26	%		0.34	%		0.37	%		0.36	%
Ratio of Net Investment Income to Average Net Assets		4.17	%(B)		2.67	%		1.19	%		3.11	%		0.95	%		1.32	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
97

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Cap Value Portfolio																		U.S. Targeted Value Portfolio- Class R1 Shares
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003			For the Period Jan. 31, 2008(a) to May 31, 2008
		(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	24.44		$	25.40		$	21.93		$	19.37		$	16.14		$	13.63		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.33	(A)		0.38	(A)		0.30			0.16			0.20			0.03	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.07	)		(0.43	)		3.50			2.49			3.28			2.50			0.58
Total From Investment Operations		—			(0.10	)		3.88			2.79			3.44			2.70			0.61
Less Distributions
Net Investment Income		(0.16	)		(0.32	)		(0.35	)		(0.23	)		(0.21	)		(0.19	)		(0.03	)
Net Realized Gains		(1.04	)		(0.54)			(0.06	)		—			—			—			—
Total Distributions		(1.20	)		(0.86	)		(0.41	)		(0.23	)		(0.21	)		(0.19	)		(0.03	)
Net Asset Value, End of Period	$	23.24		$	24.44		$	25.40		$	21.93		$	19.37		$	16.14		$	10.58
Total Return		0.13	%(C)		(0.49	)%		17.97	%		14.49	%		21.48	%		20.10	%		6.13	%(C)
Net Assets, End of Period (thousands)	$	7,739,659		$	7,535,552		$	6,410,086		$	4,046,083		$	2,630,361		$	1,709,428		$	38,610
Ratio of Expenses to Average Net Assets		0.27	%(B)(D)		0.27	%(D)		0.28	%(D)		0.30	%(D)		0.32	%(D)		0.31	%(D)		0.50	%(B)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.27	%(B)(D)		0.27	%(D)		0.28	%(D)		0.30	%(D)		0.32	%(D)		0.31	%(D)		0.50	%(B)
Ratio of Net Investment Income to Average Net Assets		0.66	%(B)		1.28	%		1.64	%		1.48	%		0.89	%		1.46	%		1.00	%(B)
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A			6	%(C)

	U.S. Targeted Value Portfolio- Institutional Class Shares
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	15.89		$	18.69		$	17.33		$	17.09		$	15.14		$	12.41
Income From Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.20	(A)		0.21	(A)		0.32			0.86			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.08	)		(1.32	)		2.84			1.59			2.88			4.12
Total From Investment Operations		(0.01	)		(1.12	)		3.05			1.91			3.74			4.17
Less Distributions
Net Investment Income		(0.07	)		(0.20	)		(0.25	)		(0.23	)		(0.90	)		(0.09	)
Net Realized Gains		(0.40	)		(1.48	)		(1.44	)		(1.44	)		(0.89	)		(1.35	)
Total Distributions		(0.47	)		(1.68	)		(1.69	)		(1.67	)		(1.79	)		(1.44	)
Net Asset Value, End of Period	$	15.41		$	15.89		$	18.69		$	17.33		$	17.09		$	15.14
Total Return		0.01	%(C)		(6.59	)%		19.48	%		12.17	%		27.36	%		38.43	%
Net Assets, End of Period (thousands)	$	883,359		$	554,805		$	215,338		$	172,595		$	159,325		$	96,924
Ratio of Expenses to Average Net Assets		0.39	%(B)		0.41	%**		0.46	%(D)		0.47	%(D)		0.50	%(D)		0.47	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.39	%(B)		0.41	%**		0.46	%(D)		0.47	%(D)		0.48	%(D)		0.48	%(D)
Ratio of Net Investment Income to Average Net Assets		1.19	%(B)		1.12	%		1.19	%		1.91	%		0.27	%		0.41	%
Portfolio Turnover Rate		6	%(C)		9	%(C)*		N/A			N/A			N/A			N/A

* For the period March 30, 2007 through November 30, 2007. Effective March 30, 2007, the U.S. Targeted Value Portfolio invests directly in securities rather than through the Series.

** Represents the combined ratios for the respective portfolio and for the period December 1, 2006 through March 29, 2007, its respective pro-rata share of its Master Fund Series.

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
98

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Small Cap Value Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	26.49		$	31.59		$	28.74		$	27.71		$	23.26		$	17.70
Income From Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.30	(A)		0.28	(A)		0.29			0.30			0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.51	)		(2.72	)		5.06			2.66			5.73			7.21
Total From Investment Operations		(0.44	)		(2.42	)		5.34			2.95			6.03			7.29
Less Distributions
Net Investment Income		(0.12	)		(0.28	)		(0.23	)		(0.26	)		(0.38	)		(0.07	)
Net Realized Gains		(2.27	)		(2.40)			(2.26	)		(1.66	)		(1.20	)		(1.66	)
Total Distributions		(2.39	)		(2.68)			(2.49	)		(1.92	)		(1.58	)		(1.73	)
Net Asset Value, End of Period	$	23.66		$	26.49		$	31.59		$	28.74		$	27.71		$	23.26
Total Return		(1.56	)%(C)		(8.41	)%		20.29	%		11.32	%		27.46	%		45.92	%
Net Assets, End of Period (thousands)	$	8,209,109		$	8,802,846		$	8,738,278		$	6,924,234		$	5,795,166		$	4,209,747
Ratio of Expenses to Average Net Assets		0.53	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)		0.56	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.53	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)		0.56	%(D)
Ratio of Net Investment Income to Average Net Assets		0.63	%(B)		0.98	%		0.94	%		1.04	%		0.04	%		0.46	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	U.S. Core Equity 1 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			For the Period Sept. 15, 2005(a) to Nov. 30, 2005
		(Unaudited)
Net Asset Value, Beginning of Period	$	11.83		$	11.50		$	10.22		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.09	(A)		0.19	(A)		0.17	(A)		0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.42	)		0.35			1.28			0.19
Total From Investment Operations		(0.33	)		0.54			1.45			0.22
Less Distributions
Net Investment Income		(0.05	)		(0.18	)		(0.17	)		—
Net Realized Gains		—			(0.03	)		—			—
Total Distributions		(0.05	)		(0.21	)		(0.17	)		—
Net Asset Value, End of Period	$	11.45		$	11.83		$	11.50		$	10.22
Total Return		(2.76	)%(C)		4.68	%		14.35	%		2.20	%(C)
Net Assets, End of Period (thousands)	$	1,547,613		$	1,210,031		$	652,270		$	123,591
Ratio of Expenses to Average Net Assets		0.20	%(B)		0.20	%		0.23	%		0.23	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.20	%(B)		0.20	%		0.23	%		0.37	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.71	%(B)		1.53	%		1.52	%		1.85	%(B)(E)
Portfolio Turnover Rate		2	%(C)		10	%		6	%		0	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
99

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Core Equity 2 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			For the Period Sept. 15, 2005(a) to Nov. 30, 2005
		(Unaudited)
Net Asset Value, Beginning of Period	$	11.77		$	11.65		$	10.24		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.09	(A)		0.19	(A)		0.17	(A)		0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.41	)		0.13			1.40			0.21
Total From Investment Operations		(0.32	)		0.32			1.57			0.24
Less Distributions
Net Investment Income		(0.05	)		(0.17	)		(0.16	)		—
Net Realized Gains		—			(0.03	)		—			—
Total Distributions		(0.05	)		(0.20	)		(0.16	)		—
Net Asset Value, End of Period	$	11.40		$	11.77		$	11.65		$	10.24
Total Return		(2.70	)%(C)		2.78	%		15.50	%		2.40	%(C)
Net Assets, End of Period (thousands)	$	3,279,118		$	2,939,420		$	1,216,310		$	182,078
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.26	%		0.26	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.23	%(B)		0.23	%		0.26	%		0.38	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.63	%(B)		1.55	%		1.55	%		1.92	%(B)(E)
Portfolio Turnover Rate		3	%(C)		7	%		5	%		0	%(C)

	U.S. Vector Equity Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			For the Period Dec. 30, 2005(a) to Nov. 30, 2006
		(Unaudited)
Net Asset Value, Beginning of Period	$	11.38		$	11.79		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.08	(A)		0.16	(A)		0.13	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.32	)		(0.25	)		1.73
Total From Investment Operations		(0.24	)		(0.09	)		1.86
Less Distributions
Net Investment Income		(0.08	)		(0.14	)		(0.07	)
Net Realized Gains		—			(0.18	)		—
Total Distributions		(0.08	)		(0.32	)		(0.07	)
Net Asset Value, End of Period	$	11.06		$	11.38		$	11.79
Total Return		(2.09	)%(C)		(0.87	)%		18.65	%(C)
Net Assets, End of Period (thousands)	$	1,115,237		$	959,742		$	403,312
Ratio of Expenses to Average Net Assets		0.33	%(B)		0.34	%		0.36	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.33	%(B)		0.33	%		0.39	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.51	%(B)		1.29	%		1.24	%(B)(E)
Portfolio Turnover Rate		7	%(C)		14	%		24	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
100

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	T.A. U.S. Core Equity 2 Portfolio
	Six Months Ended May 31, 2008			For the Period Oct. 4, 2007(a) to Nov. 30, 2007
		(Unaudited)
Net Asset Value, Beginning of Period	$	9.40		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.02	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.28	)		(0.62	)
Total From Investment Operations		(0.21	)		(0.60	)
Less Distributions
Net Investment Income		(0.05	)		—
Net Realized Gains		—			—
Tax Return of Capital		—			—
Total Distributions		(0.05	)		—
Net Asset Value, End of Period	$	9.14		$	9.40
Total Return		(2.25	)%(C)		(6.00	)%(C)
Net Assets, End of Period (thousands)	$	456,003		$	106,507
Ratio of Expenses to Average Net Assets		0.29	%(B)		0.30	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.28	%(B)		0.60	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.63	%(B)		2.09	%(B)(E)
Portfolio Turnover Rate		5	%(C)		0	%(C)

	U.S. Small Cap Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	20.64		$	22.46		$	20.75		$	19.13		$	16.52		$	11.97
Income From Investment Operations
Net Investment Income (Loss)		0.03	(A)		0.21	(A)		0.17	(A)		0.15			0.05			0.06
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.54	)		(0.66	)		2.84			1.75			2.67			4.65
Total From Investment Operations		(0.51	)		(0.45	)		3.01			1.90			2.72			4.71
Less Distributions
Net Investment Income		(0.07	)		(0.21	)		(0.13	)		(0.13	)		(0.10	)		(0.07	)
Net Realized Gains		(1.18	)		(1.16	)		(1.17	)		(0.15	)		—			(0.09	)
Tax Return of Capital		—			—			—			—			(0.01	)		—
Total Distributions		(1.25	)		(1.37)			(1.30	)		(0.28	)		(0.11	)		(0.16	)
Net Asset Value, End of Period	$	18.88		$	20.64		$	22.46		$	20.75		$	19.13		$	16.52
Total Return		(2.49	)%(C)		(2.17	)%		15.49	%		10.04	%		16.59	%		39.89	%
Net Assets, End of Period (thousands)	$	2,835,438		$	3,285,093		$	3,297,199		$	2,641,670		$	2,137,970		$	1,134,027
Ratio of Expenses to Average Net Assets		0.38	%(B)(D)		0.38	%(D)		0.38	%(D)		0.40	%(D)		0.41	%(D)		0.42	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.38	%(B)(D)		0.38	%(D)		0.38	%(D)		0.40	%(D)		0.41	%(D)		0.42	%(D)
Ratio of Net Investment Income to Average Net Assets		0.38	%(B)		0.95	%		0.82	%		0.78	%		0.22	%		0.52	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
101

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Micro Cap Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	14.80		$	16.83		$	15.91		$	15.06		$	13.34		$	9.07
Income From Investment Operations
Net Investment Income (Loss)		0.03	(A)		0.14	(A)		0.10	(A)		0.07			0.19			0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.70	)		(0.69	)		2.04			1.43			1.93			4.40
Total From Investment Operations		(0.67	)		(0.55	)		2.14			1.50			2.12			4.43
Less Distributions
Net Investment Income		(0.06	)		(0.13	)		(0.08	)		(0.06	)		(0.22	)		(0.02	)
Net Realized Gains		(1.26	)		(1.35	)		(1.14	)		(0.59	)		(0.18	)		(0.14	)
Total Distributions		(1.32	)		(1.48	)		(1.22	)		(0.65	)		(0.40	)		(0.16	)
Net Asset Value, End of Period	$	12.81		$	14.80		$	16.83		$	15.91		$	15.06		$	13.34
Total Return		(4.82	)%(C)		(3.63	)%		14.52	%		10.33	%		16.34	%		49.69	%
Net Assets, End of Period (thousands)	$	4,230,810		$	4,700,371		$	4,824,003		$	3,949,511		$	3,214,520		$	2,622,847
Ratio of Expenses to Average Net Assets		0.53	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)		0.56	%(D)
Ratio of Net Investment Income to Average Net Assets		0.40	%(B)		0.89	%		0.64	%		0.48	%		0.06	%		0.25	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	DFA Real Estate Securities Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	27.20		$	33.80		$	25.75		$	23.02		$	18.80		$	14.91
Income From Investment Operations
Net Investment Income (Loss)		0.32	(A)		0.62	(A)		0.64	(A)		0.82			0.62			0.64
Net Gains (Losses) on Securities (Realized and Unrealized)		0.08			(5.64	)		8.84			3.33			4.47			4.08
Total From Investment Operations		0.40			(5.02	)		9.48			4.15			5.09			4.72
Less Distributions
Net Investment Income		(0.13	)		(0.70	)		(1.02	)		(0.86	)		(0.71	)		(0.75	)
Net Realized Gains		(2.10	)		(0.88	)		(0.41	)		(0.56	)		(0.16	)		(0.08	)
Total Distributions		(2.23	)		(1.58	)		(1.43	)		(1.42	)		(0.87	)		(0.83	)
Net Asset Value, End of Period	$	25.37		$	27.20		$	33.80		$	25.75		$	23.02		$	18.80
Total Return		2.19	%(C)		(15.45	)%		38.23	%		18.81	%		29.44	%		33.48	%
Net Assets, End of Period (thousands)	$	2,742,852		$	2,671,457		$	2,837,026		$	1,836,650		$	1,308,898		$	783,405
Ratio of Expenses to Average Net Assets		0.33	%(B)		0.33	%		0.33	%		0.37	%		0.39	%		0.41	%
Ratio of Net Investment Income to Average Net Assets		2.66	%(B)		1.99	%		2.25	%		3.11	%		3.61	%		4.19	%
Portfolio Turnover Rate		8	%(C)		17	%		10	%		3	%		6	%		2	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
102

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Large Cap International Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	27.18		$	23.60		$	19.00		$	17.31		$	14.65		$	12.10
Income From Investment Operations
Net Investment Income (Loss)		0.48	(A)		0.68	(A)		0.55	(A)		0.44			0.31			0.25
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.41	)		3.57			4.68			1.72			2.86			2.51
Total From Investment Operations		(0.93	)		4.25			5.23			2.16			3.17			2.76
Less Distributions
Net Investment Income		(0.09	)		(0.67	)		(0.63	)		(0.47	)		(0.51	)		(0.21	)
Net Realized Gains		(0.35	)		—			—			—			—			—
Total Distributions		(0.44	)		(0.67)			(0.63	)		(0.47	)		(0.51	)		(0.21	)
Net Asset Value, End of Period	$	25.81		$	27.18		$	23.60		$	19.00		$	17.31		$	14.65
Total Return		(3.38	)%(C)		18.18	%		28.00	%		12.73	%		22.09	%		23.32	%
Net Assets, End of Period (thousands)	$	2,135,140		$	2,224,180		$	1,673,239		$	1,125,455		$	844,883		$	504,123
Ratio of Expenses to Average Net Assets		0.29	%(B)		0.29	%		0.29	%		0.37	%		0.41	%		0.43	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.29	%(B)		0.29	%		0.29	%		0.37	%		0.41	%		0.43	%
Ratio of Net Investment Income to Average Net Assets		3.83	%(B)		2.62	%		2.56	%		2.41	%		2.07	%		2.10	%
Portfolio Turnover Rate		6	%(C)		5	%		4	%		4	%		1	%		1	%

	International Core Equity Portfolio												T.A World ex U.S. Core Equity Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			For the Period Sept. 15, 2005(a) to Nov. 30, 2005			For the Period March 6, 2008(a) to May 31, 2008
		(Unaudited)												(Unaudited)
Net Asset Value, Beginning of Period	$	14.35		$	12.82		$	10.07		$	10.00		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.28	(A)		0.35	(A)		0.28	(A)		0.04	(A)		0.02	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.87	)		1.54			2.71			0.03			0.74
Total From Investment Operations		(0.59	)		1.89			2.99			0.07			0.76
Less Distributions
Net Investment Income		(0.04	)		(0.32	)		(0.24	)		—			—
Net Realized Gains		(0.15	)		(0.04	)		—			—			—
Total Distributions		(0.19	)		(0.36	)		(0.24	)		—			—
Net Asset Value, End of Period	$	13.57		$	14.35		$	12.82		$	10.07		$	10.76
Total Return		(4.08	)%(C)		14.83	%		30.06	%		0.70	%(C)		7.60	%(C)
Net Assets, End of Period (thousands)	$	2,867,689		$	2,342,187		$	851,077		$	121,249		$	60,889
Ratio of Expenses to Average Net Assets		0.40	%(B)		0.41	%		0.48	%		0.49	%(B)(E)		0.60	%(B)(D)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.40	%(B)		0.41	%		0.46	%		0.90	%(B)(E)		1.08	%(B)(D)(E)
Ratio of Net Investment Income to Average Net Assets		4.24	%(B)		2.49	%		2.35	%		1.89	%(B)(E)		0.77	%(B)(E)
Portfolio Turnover Rate		2	%(C)		4	%		2	%		0	%(C)		0	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
103

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	International Small Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	20.80		$	19.43		$	16.19		$	14.12		$	11.00		$	7.41
Income From Investment Operations
Net Investment Income (Loss)		0.29	(A)		0.43	(A)		0.36	(A)		0.31	(A)		0.22			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.13	)		2.07			4.02			2.38			3.24			3.57
Total From Investment Operations		(0.84	)		2.50			4.38			2.69			3.46			3.73
Less Distributions
Net Investment Income		(0.13	)		(0.46	)		(0.36	)		(0.29	)		(0.34	)		(0.14	)
Net Realized Gains		(1.17	)		(0.67)			(0.78	)		(0.33	)		—			—
Total Distributions		(1.30	)		(1.13)			(1.14	)		(0.62	)		(0.34	)		(0.14	)
Net Asset Value, End of Period	$	18.66		$	20.80		$	19.43		$	16.19		$	14.12		$	11.00
Total Return		(3.88	)%(C)		13.29	%		28.51	%		19.74	%		32.10	%		51.28	%
Net Assets, End of Period (thousands)	$	5,566,028		$	5,597,209		$	4,546,071		$	2,725,231		$	1,658,184		$	909,887
Ratio of Expenses to Average Net Assets (D)		0.55	%(B)		0.55	%		0.56	%		0.64	%		0.69	%		0.71	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.55	%(B)		0.55	%		0.56	%		0.64	%		0.69	%		0.71	%
Ratio of Net Investment Income to Average Net Assets		3.19	%(B)		2.03	%		2.04	%		2.05	%		1.82	%		1.97	%

	Japanese Small Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	16.75		$	17.23		$	17.97		$	13.99		$	10.80		$	7.49
Income From Investment Operations
Net Investment Income (Loss)		0.19	(A)		0.27	(A)		0.22	(A)		0.16	(A)		0.22			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.84	)		(0.52	)		(0.73	)		4.00			3.16			3.35
Total From Investment Operations		(0.65	)		(0.25	)		(0.51	)		4.16			3.38			3.40
Less Distributions
Net Investment Income		(0.13	)		(0.23	)		(0.23	)		(0.18	)		(0.19	)		(0.09	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.13	)		(0.23	)		(0.23	)		(0.18	)		(0.19	)		(0.09	)
Net Asset Value, End of Period	$	15.97		$	16.75		$	17.23		$	17.97		$	13.99		$	10.80
Total Return		(3.88	)%(C)		(1.51	)%		(2.94	)%		30.13	%		31.79	%		46.01	%
Net Assets, End of Period (thousands)	$	200,188		$	199,080		$	168,957		$	169,995		$	65,879		$	22,713
Ratio of Expenses to Average Net Assets (D)		0.56	%(B)		0.56	%		0.61	%		0.68	%		0.73	%		0.75	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.56	%(B)		0.56	%		0.58	%		0.68	%		0.79	%		0.85	%
Ratio of Net Investment Income to Average Net Assets		2.44	%(B)		1.51	%		1.19	%		1.03	%		1.01	%		1.18	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
104

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Asia Pacific Small Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	28.73		$	20.26		$	15.28		$	14.54		$	12.10		$	7.92
Income From Investment Operations
Net Investment Income (Loss)		0.44	(A)		0.79	(A)		0.64	(A)		0.70			0.50			(0.13	)
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.42	)		8.43			4.92			0.54			2.58			4.69
Total From Investment Operations		(0.98	)		9.22			5.56			1.24			3.08			4.56
Less Distributions
Net Investment Income		(0.46	)		(0.75	)		(0.58	)		(0.50	)		(0.64	)		(0.38	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.46	)		(0.75)			(0.58	)		(0.50	)		(0.64	)		(0.38	)
Net Asset Value, End of Period	$	27.29		$	28.73		$	20.26		$	15.28		$	14.54		$	12.10
Total Return		(3.33	)%(C)		46.55	%		37.52	%		8.81	%		26.73	%		60.57	%
Net Assets, End of Period (thousands)	$	147,518		$	146,307		$	71,537		$	38,927		$	26,735		$	20,378
Ratio of Expenses to Average Net Assets(D)		0.62	%(B)		0.62	%		0.64	%		0.74	%		0.80	%		0.78	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Expenses)(D)		0.58	%(B)		0.59	%		0.64	%		0.86	%		0.96	%		0.88	%
Ratio of Net Investment Income to Average Net Assets		3.41	%(B)		3.13	%		3.68	%		3.89	%		3.29	%		2.87	%

	United Kingdom Small Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	31.29		$	32.97		$	24.65		$	23.47		$	19.26		$	14.24
Income From Investment Operations
Net Investment Income (Loss)		0.45	(A)		0.78	(A)		0.61	(A)		0.64	(A)		0.48			0.62
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.28	)		(0.08	)		9.61			2.15			4.87			5.26
Total From Investment Operations		(2.83	)		0.70			10.22			2.79			5.35			5.88
Less Distributions
Net Investment Income		(0.27	)		(1.03	)		(0.68	)		(0.59	)		(1.14	)		(0.54	)
Net Realized Gains		(1.22	)		(1.35	)		(1.22	)		(1.02	)		—			(0.32	)
Total Distributions		(1.49	)		(2.38	)		(1.90	)		(1.61	)		(1.14	)		(0.86	)
Net Asset Value, End of Period	$	26.97		$	31.29		$	32.97		$	24.65		$	23.47		$	19.26
Total Return		(9.10	)%(C)		1.94	%		44.15	%		12.35	%		29.05	%		44.01	%
Net Assets, End of Period (thousands)	$	46,499		$	37,139		$	31,808		$	20,578		$	15,816		$	12,209
Ratio of Expenses to Average Net Assets(D)		0.59	%(B)		0.59	%		0.60	%		0.70	%		0.74	%		0.73	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Expenses)(D)		0.62	%(B)		0.62	%		0.67	%		0.89	%		1.04	%		0.96	%
Ratio of Net Investment Income to Average Net Assets		3.34	%(B)		2.28	%		2.20	%		2.70	%		2.21	%		2.83	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
105

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Continental Small Company Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	22.95		$	20.47		$	15.78		$	14.12		$	12.60		$	8.93
Income From Investment Operations
Net Investment Income (Loss)		0.40	(A)		0.40	(A)		0.31	(A)		0.21			0.17			0.49
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.84	)		3.00			6.28			2.28			3.64			3.83
Total From Investment Operations		(0.44	)		3.40			6.59			2.49			3.81			4.32
Less Distributions
Net Investment Income		(0.01	)		(0.38	)		(0.34	)		(0.30	)		(0.50	)		(0.22	)
Net Realized Gains		(0.96	)		(0.54	)		(1.56	)		(0.53	)		(1.79	)		(0.43	)
Total Distributions		(0.97	)		(0.92	)		(1.90	)		(0.83	)		(2.29	)		(0.65	)
Net Asset Value, End of Period	$	21.54		$	22.95		$	20.47		$	15.78		$	14.12		$	12.60
Total Return		(1.73	)%(C)		16.99	%		46.33	%		18.42	%		35.91	%		52.10	%
Net Assets, End of Period (thousands)	$	190,110		$	170,909		$	90,261		$	52,061		$	33,839		$	24,376
Ratio of Expenses to Average Net Assets		0.59	%(B)(D)		0.61	%(D)		0.62	%(D)		0.71	%(D)		0.73	%(D)		0.77	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.57	%(B)(D)		0.57	%(D)		0.61	%(D)		0.78	%(D)		0.87	%(D)		0.88	%(D)
Ratio of Net Investment Income to Average Net Assets		3.95	%(B)		1.70	%		1.78	%		1.77	%		1.56	%		2.07	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	DFA International Real Estate Securities Portfolio
	Six Months Ended May 31, 2008			For the Period March 1, 2007(a) to Nov. 30, 2007
		(Unaudited)
Net Asset Value, Beginning of Period	$	9.35		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.21	(A)		0.23	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.31	)		(0.76	)
Total From Investment Operations		(1.10	)		(0.53	)
Less Distributions
Net Investment Income		(0.34	)		(0.12	)
Net Realized Gains		—			—
Total Distributions		(0.34	)		(0.12	)
Net Asset Value, End of Period	$	7.91		$	9.35
Total Return		(11.94	)%(C)		(5.38	)%(C)
Net Assets, End of Period (thousands)	$	548,193		$	336,840
Ratio of Expenses to Average Net Assets		0.42	%(B)		0.48	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.42	%(B)		0.48	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		4.99	%(B)		3.50	%(B)(E)
Portfolio Turnover Rate		0	%(C)		2	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
106

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Small Cap Value Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	22.05		$	21.71		$	17.57		$	15.16		$	11.52		$	7.42
Income From Investment Operations
Net Investment Income (Loss)		0.36	(A)		0.46	(A)		0.36	(A)		0.40	(A)		0.23			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.09	)		1.66			4.95			2.77			3.85			4.09
Total From Investment Operations		(0.73	)		2.12			5.31			3.17			4.08			4.25
Less Distributions
Net Investment Income		(0.20	)		(0.53)			(0.38	)		(0.36	)		(0.35	)		(0.15	)
Net Realized Gains		(1.57	)		(1.25)			(0.79	)		(0.40	)		(0.09	)		—
Total Distributions		(1.77	)		(1.78)			(1.17	)		(0.76	)		(0.44	)		(0.15	)
Net Asset Value, End of Period	$	19.55		$	22.05		$	21.71		$	17.57		$	15.16		$	11.52
Total Return		(3.00	)%(C)		10.25	%		31.73	%		21.75	%		36.34	%		58.44	%
Net Assets, End of Period (thousands)	$	8,573,831		$	8,180,859		$	6,733,067		$	4,128,428		$	2,215,523		$	1,095,697
Ratio of Expenses to Average Net Assets		0.69	%(B)		0.69	%		0.70	%		0.75	%		0.78	%		0.81	%
Ratio of Net Investment Income to Average Net Assets		3.79	%(B)		2.03	%		1.85	%		2.44	%		1.63	%		1.75	%
Portfolio Turnover Rate		8	%(C)		18	%		14	%		13	%		10	%		10	%

	Emerging Markets Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	35.23		$	25.40		$	19.89		$	15.61		$	11.87		$	8.65
Income From Investment Operations
Net Investment Income (Loss)		0.35	(A)		0.64	(A)		0.48	(A)		0.58	(A)		0.27			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.15	)		9.88			5.61			4.13			3.80			3.18
Total From Investment Operations		(0.80	)		10.52			6.09			4.71			4.07			3.34
Less Distributions
Net Investment Income		(0.21	)		(0.53)			(0.58	)		(0.43	)		(0.33	)		(0.12	)
Net Realized Gains		(1.34	)		(0.16)			—			—			—			—
Total Distributions		(1.55	)		(0.69)			(0.58	)		(0.43	)		(0.33	)		(0.12	)
Net Asset Value, End of Period	$	32.88		$	35.23		$	25.40		$	19.89		$	15.61		$	11.87
Total Return		(2.17	)%(C)		42.08	%		31.31	%		30.65	%		34.95	%		39.13	%
Net Assets, End of Period (thousands)	$	3,044,255		$	3,388,442		$	2,344,990		$	1,805,186		$	1,131,778		$	594,076
Ratio of Expenses to Average Net Assets		0.59	%(B)(D)		0.60	%(D)		0.61	%(D)		0.69	%(D)		0.74	%(D)		0.78	%(D)
Ratio of Net Investment Income to Average Net Assets		2.19	%(B)		2.12	%		2.13	%		3.28	%		2.20	%		1.79	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
107

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Small Cap Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	23.74		$	17.96		$	13.37		$	11.44		$	8.74		$	5.89
Income From Investment Operations
Net Investment Income (Loss)		0.24	(A)		0.31	(A)		0.30	(A)		0.27	(A)		0.11			0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.06	)		6.86			4.86			2.37			2.85			2.88
Total From Investment Operations		(1.82	)		7.17			5.16			2.64			2.96			2.98
Less Distributions
Net Investment Income		(0.09	)		(0.26	)		(0.26	)		(0.22	)		(0.19	)		(0.07	)
Net Realized Gains		(1.49	)		(1.13	)		(0.31	)		(0.49	)		(0.07	)		(0.06	)
Total Distributions		(1.58	)		(1.39)			(0.57	)		(0.71	)		(0.26	)		(0.13	)
Net Asset Value, End of Period	$	20.34		$	23.74		$	17.96		$	13.37		$	11.44		$	8.74
Total Return		(8.03	)%(C)		42.58	%		39.95	%		24.27	%		34.55	%		51.84	%
Net Assets, End of Period (thousands)	$	1,271,135		$	1,458,152		$	838,948		$	482,378		$	190,028		$	84,353
Ratio of Expenses to Average Net Assets		0.76	%(B)(D)		0.78	%(D)		0.81	%(D)		0.97	%(D)		1.04	%(D)		1.12	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.76	%(B)(D)		0.78	%(D)		0.81	%(D)		0.97	%(D)		1.04	%(D)		1.12	%(D)
Ratio of Net Investment Income to Average Net Assets		2.31	%(B)		1.48	%		1.92	%		2.21	%		1.41	%		1.81	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	Emerging Markets Core Equity Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			For the Period April 5, 2005(a) to Nov. 30, 2005
		(Unaudited)
Net Asset Value, Beginning of Period	$	21.20		$	15.13		$	11.54		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.22	(A)		0.35	(A)		0.27	(A)		0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.90	)		6.10			3.54			1.51
Total From Investment Operations		(0.68	)		6.45			3.81			1.61
Less Distributions
Net Investment Income		(0.06	)		(0.32)			(0.22	)		(0.07	)
Net Realized Gains		(0.08	)		(0.06)			—			—
Total Distributions		(0.14	)		(0.38)			(0.22	)		(0.07	)
Net Asset Value, End of Period	$	20.38		$	21.20		$	15.13		$	11.54
Total Return		(3.19	)%(C)		43.20	%		33.39	%		16.12	%(C)
Net Assets, End of Period (thousands)	$	2,022,181		$	1,829,466		$	822,136		$	218,563
Ratio of Expenses to Average Net Assets		0.64	%(B)		0.65	%		0.74	%		1.00	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.64	%(B)		0.65	%		0.72	%		1.09	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.26	%(B)		1.87	%		2.02	%		1.79	%(B)(E)
Portfolio Turnover Rate		1	%(C)		2	%		6	%		2	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
108

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA One-Year Fixed Income Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.21		$	10.20		$	10.14		$	10.20		$	10.30		$	10.39
Income From Investment Operations
Net Investment Income (Loss)		0.19	(A)		0.51	(A)		0.40	(A)		0.28			0.25			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.02	)		0.01			0.06			(0.05	)		(0.10	)		0.03
Total From Investment Operations		0.17			0.52			0.46			0.23			0.15			0.19
Less Distributions
Net Investment Income		(0.20	)		(0.51	)		(0.40	)		(0.29	)		(0.25	)		(0.16	)
Net Realized Gains		—			—			—			—			—			(0.12	)
Total Distributions		(0.20	)		(0.51)			(0.40	)		(0.29	)		(0.25	)		(0.28	)
Net Asset Value, End of Period	$	10.18		$	10.21		$	10.20		$	10.14		$	10.20		$	10.30
Total Return		1.65	%(C)		5.20	%		4.58	%		2.24	%		1.08	%		1.85	%
Net Assets, End of Period (thousands)	$	3,502,986		$	3,229,577		$	2,418,551		$	1,953,884		$	1,738,574		$	1,454,736
Ratio of Expenses to Average Net Assets (D)		0.17	%(B)		0.18	%		0.18	%		0.19	%		0.20	%		0.20	%
Ratio of Net Investment Income to Average Net Assets		3.78	%(B)		4.96	%		3.89	%		2.78	%		1.40	%		1.45	%

	DFA Two-Year Global Fixed Income Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.39		$	10.17		$	9.88		$	9.92		$	10.08		$	10.19
Income From Investment Operations
Net Investment Income (Loss)		0.16	(A)		0.27	(A)		0.07	(A)		0.31			0.25			0.22
Net Gains (Losses) on Securities (Realized and Unrealized)		0.01			0.24			0.36			(0.14	)		(0.14	)		0.01
Total From Investment Operations		0.17			0.51			0.43			0.17			0.11			0.23
Less Distributions
Net Investment Income		(0.17	)		(0.29)			(0.14	)		(0.21	)		(0.27	)		(0.34	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.17	)		(0.29)			(0.14	)		(0.21	)		(0.27	)		(0.34	)
Net Asset Value, End of Period	$	10.39		$	10.39		$	10.17		$	9.88		$	9.92		$	10.08
Total Return		1.70	%(C)		5.06	%		4.41	%		1.77	%		1.08	%		2.26	%
Net Assets, End of Period (thousands)	$	3,218,358		$	3,097,898		$	2,423,622		$	1,992,869		$	1,674,972		$	1,195,072
Ratio of Expenses to Average Net Assets (D)		0.18	%(B)		0.18	%		0.19	%		0.21	%		0.23	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		3.13	%(B)		2.59	%		0.72	%		3.25	%		1.35	%		1.68	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
109

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Selectively Hedged Global Fixed Income Portfolio			DFA Five-Year Government Portfolio
	For the Period Jan. 9, 2008(a) to May 31, 2008			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)			(Unaudited)
Net Asset Value, Beginning of Period	$	10.00		$	10.44		$	10.43		$	10.41		$	10.64		$	11.11		$	11.05
Income From Investment Operations
Net Investment Income (Loss)		0.12	(A)		0.16	(A)		0.50	(A)		0.46	(A)		0.35			0.33			0.34
Net Gains (Losses) on Securities (Realized and Unrealized)		0.12			(0.25	)		0.01			(0.02	)		(0.24	)		(0.01	)		0.10
Total From Investment Operations		0.24			(0.09	)		0.51			0.44			0.11			0.32			0.44
Less Distributions
Net Investment Income		(0.03	)		(0.21	)		(0.50	)		(0.42	)		(0.34	)		(0.41	)		(0.38	)
Net Realized Gains		—			—			—			—			—			(0.38	)		—
Total Distributions		(0.03	)		(0.21	)		(0.50	)		(0.42	)		(0.34	)		(0.79	)		(0.38	)
Net Asset Value, End of Period	$	10.21		$	10.14		$	10.44		$	10.43		$	10.41		$	10.64		$	11.11
Total Return		2.36	%(C)		(0.94	)%(C)		4.98	%		4.36	%		1.02	%		3.02	%		4.02	%
Net Assets, End of Period (thousands)	$	205,690		$	1,191,710		$	1,216,609		$	932,121		$	748,847		$	542,634		$	402,992
Ratio of Expenses to Average Net Assets		0.25	%(B)(E)		0.23	%(B)		0.23	%		0.23	%		0.25	%		0.27	%		0.27	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.28	%(B)(E)		0.23	%(B)		0.23	%		0.23	%		0.25	%		0.27	%		0.27	%
Ratio of Net Investment Income to Average Net Assets		3.86	%(B)(E)		2.99	%(B)		4.81	%		4.45	%		3.47	%		3.21	%		3.20	%
Portfolio Turnover Rate		0	%(C)		0	%(C)		0	%		86	%		36	%		45	%		149	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
110

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Five-Year Global Fixed Income Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.84		$	10.53		$	10.48		$	10.50		$	10.92		$	10.93
Income From Investment Operations
Net Investment Income (Loss)		0.15	(A)		0.32	(A)		0.28	(A)		0.34	(A)		0.26			0.33
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.10	)		0.20			0.12			(0.11	)		0.06			0.15
Total From Investment Operations		0.05			0.52			0.40			0.23			0.32			0.48
Less Distributions
Net Investment Income		(0.18	)		(0.21	)		(0.33	)		(0.25	)		(0.32	)		(0.39	)
Net Realized Gains		—			—			—			—			(0.42	)		(0.10	)
Tax Return of Capital		—			—			(0.02	)		—			—			—
Total Distributions		(0.18	)		(0.21)			(0.35	)		(0.25	)		(0.74	)		(0.49	)
Net Asset Value, End of Period	$	10.71		$	10.84		$	10.53		$	10.48		$	10.50		$	10.92
Total Return		0.47	%(C)		5.00	%		3.89	%		2.15	%		3.04	%		4.45	%
Net Assets, End of Period (thousands)	$	3,585,080		$	3,484,919		$	2,387,784		$	1,699,793		$	1,205,578		$	969,439
Ratio of Expenses to Average Net Assets		0.28	%(B)		0.28	%		0.29	%		0.33	%		0.34	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		2.74	%(B)		3.01	%		2.72	%		3.22	%		3.12	%		3.23	%
Portfolio Turnover Rate		7	%(C)		108	%		92	%		69	%		90	%		103	%

	DFA Intermediate Government Fixed Income Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
		(Unaudited)
Net Asset Value, Beginning of Period	$	11.86		$	11.48		$	11.45		$	11.79		$	12.14		$	12.39
Income From Investment Operations
Net Investment Income (Loss)		0.26	(A)		0.54	(A)		0.53	(A)		0.52			0.55			0.62
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.06	)		0.35			0.05			(0.29	)		(0.05	)		(0.02	)
Total From Investment Operations		0.20			0.89			0.58			0.23			0.50			0.60
Less Distributions
Net Investment Income		(0.26	)		(0.51	)		(0.49	)		(0.53	)		(0.56	)		(0.65	)
Net Realized Gains		—			—			(0.06	)		(0.04	)		(0.29	)		(0.20	)
Tax Return of Capital		—			—			—			—			—			—
Total Distributions		(0.26	)		(0.51	)		(0.55	)		(0.57	)		(0.85	)		(0.85	)
Net Asset Value, End of Period	$	11.80		$	11.86		$	11.48		$	11.45		$	11.79		$	12.14
Total Return		1.72	%(C)		8.06	%		5.31	%		1.87	%		4.21	%		4.86	%
Net Assets, End of Period (thousands)	$	1,373,718		$	1,314,853		$	871,392		$	463,538		$	373,108		$	316,234
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.13	%		0.14	%		0.15	%		0.17	%		0.17	%
Ratio of Net Investment Income to Average Net Assets		4.43	%(B)		4.72	%		4.72	%		4.61	%		4.72	%		4.91	%
Portfolio Turnover Rate		5	%(C)		0	%		3	%		16	%		6	%		23	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
111

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Inflation-Protected Securities Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			For the Period Sept. 18, 2006(a) to Nov. 30, 2006
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.80		$	10.19		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.35	(A)		0.45	(A)		0.02	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		—			0.50			0.17
Total From Investment Operations		0.35			0.95			0.19
Less Distributions
Net Investment Income		(0.17	)		(0.34)			—
Net Realized Gains		—			—			—
Total Distributions		(0.17	)		(0.34)			—
Net Asset Value, End of Period	$	10.98		$	10.80		$	10.19
Total Return		3.28	%(C)		9.59	%		1.90	%(C)
Net Assets, End of Period (thousands)	$	353,970		$	240,403		$	34,299
Ratio of Expenses to Average Net Assets		0.15	%(B)		0.20	%		0.20	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.13	%(B)		0.21	%		0.60	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		6.39	%(B)		4.58	%		0.94	%(B)(E)
Portfolio Turnover Rate		2	%(C)		0	%		0	%(C)

	DFA Short-Term Municipal Bond Portfolio																		DFA California Short-Term Municipal Bond Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003			Six Months Ended May 31, 2008			For the Period April 2, 2007(a) to Nov. 30, 2007
		(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	10.05		$	10.02		$	9.99		$	10.09		$	10.13		$	9.97		$	10.07		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.11	(A)		0.31	(A)		0.28	(A)		0.22			0.17			0.16			0.12	(A)		0.20	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		0.02			0.02			0.02			(0.11	)		(0.04	)		0.15			0.01			0.02
Total From Investment Operations		0.13			0.33			0.30			0.11			0.13			0.31			0.13			0.22
Less Distributions
Net Investment Income		(0.12	)		(0.30	)		(0.27	)		(0.21	)		(0.17	)		(0.15	)		(0.13	)		(0.15	)
Net Realized Gains		—			—			—			—			—			—			—			—
Total Distributions		(0.12	)		(0.30	)		(0.27	)		(0.21	)		(0.17	)		(0.15	)		(0.13	)		(0.15	)
Net Asset Value, End of Period	$	10.06		$	10.05		$	10.02		$	9.99		$	10.09		$	10.13		$	10.07		$	10.07
Total Return		1.30	%(C)		3.38	%		3.01	%		1.11	%		1.27	%		3.17	%		1.28	%(C)		2.23	%(C)
Net Assets, End of Period (thousands)	$	970,558		$	948,426		$	697,942		$	511,543		$	381,709		$	213,389		$	194,878		$	128,983
Ratio of Expenses to Average Net Assets		0.22	%(B)		0.23	%		0.26	%		0.30	%		0.30	%		0.30	%		0.28	%(B)		0.30	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.22	%(B)		0.23	%		0.24	%		0.29	%		0.33	%		0.34	%		0.26	%(B)		0.33	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.13	%(B)		3.07	%		2.77	%		2.22	%		1.73	%		1.60	%		2.33	%(B)		3.22	%(B)(E)
Portfolio Turnover Rate		0	%(C)		0	%		0	%		2	%		6	%		0	%		8	%(C)		7	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
112

DFA INVESTMENT DIMENSIONS GROUP INC.
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifty-three operational portfolios, of which thirty-four (the "Portfolios") are included in this report and the remaining nineteen are presented in separate reports.

Of the Portfolios, sixteen (the "Feeder Funds") invest in a series of The DFA Investment Trust Company, with the exception of the T.A. World ex U.S. Core Equity Portfolio which invests in portfolios of the DFA Investment Dimensions Group Inc., (the "Master Funds"):

Feeder Funds	Master Funds	Percentage Ownership at 05/31/08
U.S. Large Company Portfolio	The U.S. Large Company Series		77	%

Enhanced U.S. Large Company Portfolio	The Enhanced U.S. Large Company Series		100	%

U.S. Large Cap Value Portfolio	The U.S. Large Cap Value Series		76	%

U.S. Small Cap Value Portfolio	The U.S. Small Cap Value Series		100	%

U.S. Small Cap Portfolio	The U.S. Small Cap Series		93	%

U.S. Micro Cap Portfolio	The U.S. Micro Cap Series		100	%

T.A. World ex U.S. Core Equity Portfolio*	International Core Equity Portfolio		1	%

	Emerging Markets Core Equity Portfolio		—

International Small Company Portfolio	The Japanese Small Company Series		83	%

	The Asia Pacific Small Company Series		84	%

	The United Kingdom Small Company Series		93	%

	The Continental Small Company Series		89	%

	The Canadian Small Company Series		96	%

Japanese Small Company Portfolio	The Japanese Small Company Series		14	%

Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series		14	%

United Kingdom Small Company Portfolio	The United Kingdom Small Company Series		4	%

Continental Small Company Portfolio	The Continental Small Company Series		8	%

Emerging Markets Portfolio	The Emerging Markets Series		92	%

Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series		97	%

DFA One-Year Fixed Income Portfolio	The DFA One-Year Fixed Income Series		99	%

DFA Two-Year Global Fixed Income Portfolio	The DFA Two-Year Global Fixed Income Series.		95	%

Each Feeder Fund invests primarily in a corresponding Master Fund, with the exception of the International Small Company Portfolio, which invests in the five Master Funds indicated. The International Small Company Portfolio also invests in short-term temporary cash investments.

* T.A. World ex U.S. Core Equity Portfolio invests in the two Master Funds indicated and securities listed on the Summary Schedule of Investments.

The financial statements of the Master Funds are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Funds.

Effective October 10, 2007, the Fund established two new classes of shares of each Portfolio of the Fund (except the U.S. Small Cap Value Portfolio, T.A. U.S. Core Equity 2 Portfolio, U.S. Micro Cap Portfolio, T.A. World ex U.S. Core Equity Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, DFA International Small Cap Value Portfolio, Emerging Markets Small Cap Portfolio, DFA Selectively Hedged Global Fixed Income Portfolio, DFA Short-Term Municipal

113

Bond Portfolio and DFA California Short-Term Municipal Bond Portfolio) contained in this report, which new classes are designated as Class R1 shares and Class R2 shares. Class R1 and Class R2 Shares of each Portfolio have 25,000,000 authorized shares. In conjunction with the creation of these two additional classes of shares, the original class of shares of each Portfolio of the Fund contained in this report was renamed the "Institutional Class shares" effective October 10, 2007. The designation of the original class of shares as "Institutional Class shares" did not change the fees, expenses, rights or preferences of the shares. On January 31, 2008, Class R1 Shares of U.S. Targeted Value Portfolio commenced operations. The Class R1 Shares and Class R2 Shares of the other Portfolios had not commenced operations as of May 31, 2008.

B. Significant Accounting Policies:

1. Security Valuation: Securities held by U.S. Targeted Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, T.A. U.S. Core Equity 2 Portfolio and DFA Real Estate Securities Portfolio (the "Domestic Equity Portfolios") and Large Cap International Portfolio, International Core Equity Portfolio, T.A. World ex U.S. Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, and Emerging Markets Core Equity Portfolio (the "International Equity Portfolios"), including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Domestic Equity Portfolios and the International Equity Portfolios that are listed on Nasdaq are valued a t the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Domestic Equity Portfolios and International Equity Portfolios value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the NYSE.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios and International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the New York Stock Exchange ("NYSE"). For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the time that the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Equity Portfolios price their shares at the close of the NYSE, the International Equity Portfolios will fair value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Equity Portfolios' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Fund have determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable, and may trigger fair value pricing. Consequently, fair valuation of portfolio securities may

114

occur on a daily basis. The fair value pricing by the International Equity Portfolios utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of an International Equity Portfolio. When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio's foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Securities held by DFA Selectively Hedged Global Fixed Income Portfolio, DFA Five-Year Government Portfolio, DFA Five-Year Global Fixed Income Portfolio, DFA Intermediate Government Fixed Income Portfolio, DFA Inflation-Protected Securities Portfolio, DFA Short-Term Municipal Bond Portfolio and DFA California Short-Term Municipal Bond Portfolio (the "Fixed Income Portfolios"), are valued on the basis of prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities which are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees.

Master Fund shares held by the Feeder Funds are valued at their respective daily net asset values, or for U.S. Large Company Portfolio, International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, Emerging Markets Portfolio, and Emerging Markets Small Cap Portfolio, their investments reflect each of their proportionate interest in the net assets of their corresponding Master Funds.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Portfolios' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
U.S. Large Company Portfolio	$	3,627,977		—		—	$	3,627,977		—		—		—		—
Enhanced U.S. Large Company Portfolio		289,404		—		—		289,404		—		—		—		—
U.S. Large Cap Value Portfolio		7,740,717		—		—		7,740,717		—		—		—		—
U.S. Targeted Value Portfolio		922,362	$	91,733		—		1,014,095		—		—		—		—
U.S. Small Cap Value Portfolio		8,211,362		—		—		8,211,362		—		—		—		—
U.S. Core Equity 1 Portfolio		1,550,715		212,118		—		1,762,833		—		—		—		—
U.S. Core Equity 2 Portfolio		3,295,455		491,666		—		3,787,121		—		—		—		—
U.S. Vector Equity Portfolio		1,117,973		158,851		—		1,276,824		—		—		—		—
T.A. U.S. Core Equity 2 Portfolio		456,173		28,332		—		484,505		—		—		—		—

115

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
U.S. Small Cap Portfolio	$	2,836,188		—		—	$	2,836,188		—		—		—		—
U.S. Micro Cap Portfolio		4,232,282		—		—		4,232,282		—		—		—		—
DFA Real Estate Securities Portfolio		2,734,549	$	551,200		—		3,285,749		—		—		—		—
Large Cap International Portfolio		383,178		2,018,398		—		2,401,576		—		—		—		—
International Core Equity Portfolio		766,494		2,584,475		—		3,350,969		—		—		—		—
T.A. World ex U.S. Core Equity Portfolio		51,611		10,394		—		62,005		—		—		—		—
International Small Company Portfolio		5,562,760		3,565		—		5,566,325		—		—		—		—
Japanese Small Company Portfolio		200,253		—		—		200,253		—		—		—		—
Asia Pacific Small Company Portfolio		147,559		—		—		147,559		—		—		—		—
United Kingdom Small Company Portfolio		46,506		—		—		46,506		—		—		—		—
Continental Small Company Portfolio		190,167		—		—		190,167		—		—		—		—
DFA International Real Estate Securities Portfolio		34,798		598,632		—		633,430		—		—		—		—
DFA International Small Cap Value Portfolio		758,332		9,574,514		—		10,332,846		—		—		—		—
Emerging Markets Portfolio		3,045,292		—		—		3,045,292		—		—		—		—
Emerging Markets Small Cap Portfolio		1,271,633		—		—		1,271,633		—		—		—		—
Emerging Markets Core Equity Portfolio		758,633		1,488,851		—		2,247,484		—		—		—		—
DFA One-Year Fixed Income Portfolio		3,503,275		—		—		3,503,275		—		—		—		—
DFA Two-Year Global Fixed Income Portfolio		3,218,622		—		—		3,218,622		—		—		—		—
DFA Selectively Hedged Global Fixed Income Portfolio		—		201,906		—		201,906		—	$	10		—	$	10
DFA Five-Year Government Portfolio		—		1,179,564		—		1,179,564		—		—		—		—
DFA Five-Year Global Fixed Income Portfolio		—		3,505,012		—		3,505,012		—		6,161		—		6,161
DFA Intermediate Government Fixed Income Portfolio		—		1,355,761		—		1,355,761		—		—		—		—
DFA Inflation-Protected Securities Portfolio		—		350,511		—		350,511		—		—		—		—
DFA Short-Term Municipal Bond Portfolio		17,325		959,807		—		977,132		—		—		—		—
DFA California Short-Term Municipal Bond Portfolio		4,815		186,655		—		191,470		—		—		—		—

2. Foreign Currency Translation: Securities and other assets and liabilities of the International Equity Portfolios, the DFA Selectively Hedged Global Fixed Income Portfolio, and the DFA Five-Year Global Fixed Income Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursemen t. DFA Selectively Hedged Global Fixed Income Portfolio and DFA Five-Year Global Fixed Income Portfolio also enter into forward foreign currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked to market daily based on daily forward exchange rates. The DFA Selectively Hedged Global Fixed Income Portfolio may hedge the currency exposure of its foreign securities or leave some or all of the currency exposure unhedged.

The International Equity Portfolios do not isolate the effect of fluctuation in foreign exchange rates from the effect of fluctuations in the market prices of securities whether realized or unrealized. However, the DFA Selectively Hedged Global Fixed Income Portfolio, and the DFA Five-Year Global Fixed Income Portfolio do isolate the effect of fluctuations in foreign currency rates when determining the realized gain or loss upon the sale or maturity of

116

foreign currency denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for both financial reporting and income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the International Equity Portfolios, the DFA Selectively Hedged Global Fixed Income Portfolio, and the DFA Five-Year Global Fixed Income Portfolio and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses.

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment companies are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities and from investment in affiliated investment companies that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolios estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on debt securities purchased are amortized over the l ives of the respective securities utilizing the effective interest method. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or Portfolios are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The U.S. Large Company Portfolio, International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, Emerging Markets Portfolio, and Emerging Markets Small Cap Portfolio each recognize their pro-rata share of net investment income and realized and unrealized gains/losses on a daily basis, from their respective Master Funds, which are treated as partnerships for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest, with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Core Equity Portfolio's investments in Thailand and the investments in Thailand held by the Master Funds of Emerging Markets Portfolio and Emerging Markets Small Cap Portfolio are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Emerging Markets Core Equity Portfolio and the Master Funds of Emerging Markets Portfolio and Emerging Markets Small Cap Portfolio accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. These funds are also subject to a 10% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

117

C. Investment Advisor and Administrator:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to all Portfolios except the Feeder Funds. The Advisor provides administrative services to the Feeder Funds, including supervision of services provided by others, providing information to shareholders and the Board of Directors/Trustees, and other administrative services.

For the six months ended May 31, 2008, the Portfolios' investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

U.S. Targeted Value Portfolio	0.10	%

U.S. Core Equity 1 Portfolio	0.17	%

U.S. Core Equity 2 Portfolio	0.20	%

U.S. Vector Equity Portfolio	0.30	%

T.A. U.S. Core Equity 2 Portfolio	0.22	%

DFA Real Estate Securities Portfolio	0.30	%

Large Cap International Portfolio	0.25	%

International Core Equity Portfolio	0.35	%

T.A. World ex U.S. Core Equity Portfolio	0.40	%

DFA International Real Estate Securities Portfolio	0.35	%

DFA International Small Cap Value Portfolio	0.65	%

Emerging Markets Core Equity Portfolio	0.55	%

DFA Selectively Hedged Global Fixed Income Portfolio	0.15	%

DFA Five-Year Government Portfolio	0.20	%

DFA Five-Year Global Fixed Income Portfolio	0.25	%

DFA Intermediate Government Fixed Income Portfolio	0.10	%

DFA Inflation-Protected Securities Portfolio	0.10	%

DFA Short-Term Municipal Bond Portfolio	0.20	%

DFA California Short-Term Municipal Bond Portfolio	0.20	%

For the six months ended May 31, 2008, the Feeder Funds' and the U.S. Targeted Value Portfolio administrative services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

U.S. Large Company Portfolio	0.095	%

Enhanced U.S. Large Company Portfolio	0.15	%

U.S. Large Cap Value Portfolio	0.15	%

U.S. Targeted Value Portfolio	0.25	%

U.S. Small Cap Value Portfolio	0.30	%

U.S. Small Cap Portfolio	0.32	%

U.S. Micro Cap Portfolio	0.40	%

International Small Company Portfolio	0.40	%

Japanese Small Company Portfolio	0.40	%

Asia Pacific Small Company Portfolio	0.40	%

United Kingdom Small Company Portfolio	0.40	%

Continental Small Company Portfolio	0.40	%

Emerging Markets Portfolio	0.40	%

Emerging Markets Small Cap Portfolio	0.45	%

DFA One-Year Fixed Income Portfolio	0.10	%

DFA Two-Year Global Fixed Income Portfolio	0.10	%

Pursuant to a Fee Waiver and Expense Assumption Agreement, the Advisor has contractually agreed to waive certain fees, including administration/advisory fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver and Expense Assumption Agreement for the Portfolios below will remain in effect through April 1, 2009, and shall continue in effect from year to year thereafter unless terminated by the Fund

118

or the Advisor. For the six months ended May 31, 2008, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or expenses assumed as listed below (amounts in thousands). Previously waived fees subject to future recovery by the Advisor are also reflected below (amounts in thousands). The Portfolios are not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

Institutional Class Shares	Expense Limits			Recovery of Previously Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Large Company Portfolio (1)		0.15	%	$	29	$	2,455
U.S. Targeted Value Portfolio (1)		0.50	%		—		—
U.S. Core Equity 1 Portfolio (2)		0.23	%		—		—
U.S. Core Equity 2 Portfolio (2)		0.26	%		—		—
U.S. Vector Equity Portfolio (2)		0.36	%		—		—
T.A. U.S. Core Equity 2 Portfolio (2)		0.30	%		24		—
International Core Equity Portfolio (2)		0.49	%		—		—
T.A. World ex U.S. Core Equity Portfolio (3)		0.60	%		—		34
International Small Company Portfolio (4)		0.45	%		—		—
Japanese Small Company Portfolio (4)		0.47	%		—		—
Asia Pacific Small Company Portfolio (4)		0.47	%		22		27
United Kingdom Small Company Portfolio (4)		0.47	%		—		49
Continental Small Company Portfolio (4)		0.47	%		12		—
DFA International Real Estate Securities Portfolio (5)		0.65	%		—		—
Emerging Markets Core Equity Portfolio (5)		0.85	%		—		—
DFA Selectively Hedged Global Fixed Income Portfolio (5)		0.25	%		—		6
DFA Inflation-Protected Securities Portfolio (5)		0.20	%		31		—
DFA Short-Term Municipal Bond Portfolio (6)		0.30	%		—		—
DFA California Short-Term Municipal Bond Portfolio (5)		0.30	%		16		—
Class R1 Shares
U.S. Targeted Value Portfolio (7)		0.62	%		—		—

(1) The Advisor has contractually agreed to waive its administration fee and to assume each Portfolio's direct and indirect expenses (including, for U.S. Large Company Portfolio, the expenses the Portfolio bears as a shareholder of its Master Fund) to the extent necessary to limit the expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis. At any time that the annualized expenses of a Portfolio are less than the rate listed above for such Portfolio, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(2) The Advisor has contractually agreed to waive all or a portion of its advisory fee and assume the Portfolio's expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of a Portfolio are less than the rates listed above for such Portfolio, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(3) The Advisor has contractually agreed to waive all or a portion of the Portfolio's advisory fee to the extent necessary to limit the total advisory fees paid by the Portfolio to the Advisor directly or indirectly (the proportionate share of the advisory fees paid by the Portfolio through its investment in other funds managed by the Advisor) to 0.40% of the Portfolio's average net assets on an annualized basis. The Advisor has also contractually agreed to waive all or a portion of its advisory fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average

119

net assets on an annualized basis. At any time that the annualized expenses of the Portfolio are less than the rate listed above for the Portfolio, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(4) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio's other direct expenses (for International Small Company, not including expenses incurred through its investment in other investment companies) to the extent necessary to limit the direct expenses of the Portfolio to the rates listed above as a percentage of average net assets on an annualized basis. The Fee Waiver and Expense Assumption Agreement does not include the indirect expenses each Portfolio bears as a shareholder of its Master Funds. At any time that the direct expenses of the Portfolio are less than the rates listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's direct expenses to exceed the applicable percentage of average net assets on an annual ized basis, as listed above.

(5) The Advisor has contractually agreed to waive all or a portion of its advisory fee and to assume the Portfolio's expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of the Portfolio are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(6) The Advisor has contractually agreed to waive all or a portion of its advisory fee to the extent necessary to reduce the Portfolio's expenses (not including expenses incurred through its investment in other investment companies) ("Portfolio Expenses") up to the amount of its total advisory fee when its Portfolio Expenses exceed the rate listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of the Portfolio are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived to the extent that such recovery will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(7) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio's direct and indirect expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Class R1 shares to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the Class R1 Shares' annualized expenses are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended May 31, 2008, the total related amounts paid by the Fund to the CCO were $85 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

At May 31, 2008, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amounts in thousands):

U.S. Large Company Portfolio	$	70

Enhanced U.S. Large Company Portfolio		6

U.S. Large Cap Value Portfolio		152

U.S. Targeted Value Portfolio		15

120

U.S. Small Cap Value Portfolio	$	170

U.S. Core Equity 1 Portfolio		28

U.S. Core Equity 2 Portfolio		62

U.S. Vector Equity Portfolio		21

T.A. U.S. Core Equity 2 Portfolio		6

U.S. Small Cap Portfolio		59

U.S. Micro Cap Portfolio		88

DFA Real Estate Securities Portfolio		54

Large Cap International Portfolio		44

International Core Equity Portfolio		52

T.A. World ex U.S. Core Equity Portfolio		1

International Small Company Portfolio		110

Japanese Small Company Portfolio		4

Asia Pacific Small Company Portfolio		3

United Kingdom Small Company Portfolio		1

Continental Small Company Portfolio		3

DFA International Real Estate Securities Portfolio		9

DFA International Small Cap Value Portfolio		168

Emerging Markets Portfolio		65

Emerging Markets Small Cap Portfolio		28

Emerging Markets Core Equity Portfolio		38

DFA One-Year Fixed Income Portfolio		70

DFA Two-Year Global Fixed Income Portfolio		66

DFA Selectively Hedged Global Fixed Income Portfolio		1

DFA Five-Year Government Portfolio		26

DFA Five-Year Global Fixed Income Portfolio		75

DFA Intermediate Government Fixed Income Portfolio		28

DFA Inflation-Protected Securities Portfolio		6

DFA Short-Term Municipal Bond Portfolio		20

DFA California Short-Term Municipal Bond Portfolio		3

E. Purchases and Sales of Securities:

For the six months ended May 31, 2008, the Portfolios made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
U.S. Targeted Value Portfolio		—		—	$	387,720	$	41,398
U.S. Core Equity 1 Portfolio		—		—		421,018		27,981
U.S. Core Equity 2 Portfolio		—		—		519,674		81,236
U.S. Vector Equity Portfolio		—		—		279,929		68,889
T.A. U.S. Core Equity 2 Portfolio		—		—		352,004		14,084
DFA Real Estate Securities Portfolio		—		—		283,613		208,401
Large Cap International Portfolio		—		—		160,134		123,979
International Core Equity Portfolio		—		—		700,239		41,030
T.A. World ex U.S. Core Equity Portfolio		—		—		10,370		—
DFA International Real Estate Securities Portfolio		—		—		267,207		245
DFA International Small Cap Value Portfolio		—		—		1,305,100		613,218
Emerging Markets Core Equity Portfolio		—		—		270,027		10,352
DFA Selectively Hedged Global Fixed Income Portfolio	$	4,470		—		130,514		—
DFA Five-Year Government Portfolio		1,211,822		—		—		—
DFA Five-Year Global Fixed Income Portfolio		1,540,116	$	39,731		274,781		152,977
DFA Intermediate Government Fixed Income Portfolio		132,728		66,556		—		—
DFA Inflation-Protected Securities Portfolio		112,375		6,383		—		—
DFA Short-Term Municipal Bond Portfolio		—		—		225,722		—
DFA California Short-Term Municipal Bond Portfolio		—		—		79,152		6,224

121

F. Federal Income Taxes:

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to net realized gains on securities considered to be "passive foreign investment companies", non-deductible offering costs, foreign bond bifurcation, the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduct ion for income tax purposes and distribution redesignations, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains/(Losses)
U.S. Large Cap Value Portfolio	$	25,679		$	(5,893	)	$	(19,786	)
U.S. Targeted Value Portfolio		1,651			325			(1,976	)
U.S. Small Cap Value Portfolio		60,801			(6,098	)		(54,703	)
U.S. Core Equity 1 Portfolio		—			(51	)		51
U.S. Core Equity 2 Portfolio		—			(150	)		150
U.S. Vector Equity Portfolio		—			(10	)		10
T.A. U.S. Core Equity 2 Portfolio		(6	)		6			—
U.S. Small Cap Portfolio		12,986			(2,557	)		(10,429	)
U.S. Micro Cap Portfolio		26,352			(2,525	)		(23,827	)
DFA Real Estate Securities Portfolio		7,430			5,577			(13,007	)
Large Cap International Portfolio		2,627			(815	)		(1,812	)
International Core Equity Portfolio		(3	)		382			(379	)
International Small Company Portfolio		15,432			(60	)		(15,372	)
Japanese Small Company Portfolio		(2,827	)		102			2,725
Asia Pacific Small Company Portfolio		—			34			(34	)
United Kingdom Small Company Portfolio		107			17			(124	)
Continental Small Company Portfolio		628			(82	)		(546	)
DFA International Real Estate Securities Portfolio		392			(340	)		(52	)
DFA International Small Cap Value Portfolio		52,905			34,339			(87,244	)
Emerging Markets Portfolio		13,489			(2,961	)		(10,528	)
Emerging Markets Small Cap Portfolio		8,818			(1,721	)		(7,097	)
Emerging Markets Core Equity Portfolio		1,777			(1,668	)		(109	)
DFA Five-Year Global Fixed Income Portfolio		—			(43,171	)		43,171
DFA Inflation-Protected Securities Portfolio		(11	)		11			—
DFA California Short-Term Municipal Bond Portfolio		(22	)		22			—

122

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Large Company Portfolio
2006	$	41,748		—	$	41,748
2007		55,847		—		55,847
Enhanced U.S. Large Company Portfolio
2006		5,651		—		5,651
2007		23,020	$	1,991		25,011
U.S. Large Cap Value Portfolio
2006		83,776		5,642		89,418
2007		105,066		146,660		251,726
U.S. Targeted Value Portfolio
2006		7,089		10,659		17,748
2007		9,597		12,911		22,508
U.S. Small Cap Value Portfolio
2006		99,305		537,712		637,017
2007		168,338		643,084		811,422
U.S. Core Equity 1 Portfolio
2006		5,968		—		5,968
2007		15,517		1,000		16,517
U.S. Core Equity 2 Portfolio
2006		9,408		—		9,408
2007		36,180		1,451		37,631
U.S. Vector Equity Portfolio
2006		1,296		—		1,296
2007		13,979		—		13,979
U.S. Small Cap Portfolio
2006		49,510		117,599		167,109
2007		70,394		144,164		214,558
U.S. Micro Cap Portfolio
2006		97,962		222,188		320,150
2007		109,408		344,357		453,765
DFA Real Estate Securities Portfolio
2006		59,687		48,370		108,057
2007		65,631		77,963		143,594
Large Cap International Portfolio
2006		40,702		—		40,702
2007		52,781		909		53,690
International Core Equity Portfolio
2006		9,763		—		9,763
2007		40,770		205		40,975

123

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
International Small Company Portfolio
2006	$	90,178	$	123,568	$	213,746
2007		147,606		139,397		287,003
Japanese Small Company Portfolio
2006		2,258		—		2,258
2007		2,759		—		2,759
Asia Pacific Small Company Portfolio
2006		1,662		—		1,662
2007		3,089		—		3,089
United Kingdom Small Company Portfolio
2006		799		888		1,687
2007		1,360		1,153		2,513
Continental Small Company Portfolio
2006		1,559		5,185		6,744
2007		3,386		2,271		5,657
DFA International Real Estate Securities Portfolio
2006		—		—		—
2007		2,768		—		2,768
DFA International Small Cap Value Portfolio
2006		132,360		176,381		308,741
2007		218,066		401,394		619,460
Emerging Markets Portfolio
2006		55,765		587		56,352
2007		54,872		23,352		78,224
Emerging Markets Small Cap Portfolio
2006		15,659		11,803		27,462
2007		21,595		53,499		75,094

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Return of Capital		Total
Emerging Markets Core Equity Portfolio
2006	$	9,153	$	83		—	$	9,236
2007		26,413		1,966		—		28,379
DFA One-Year Fixed Income Portfolio
2006		88,029		—		—		88,029
2007		149,471		—		—		149,471
DFA Two-Year Global Fixed Income Portfolio
2006		28,485		—		—		28,485
2007		78,938		—		—		78,938
DFA Five-Year Government Portfolio
2006		34,242		—		—		34,242
2007		49,378		—		—		49,378

124

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Return of Capital		Total
DFA Five-Year Global Fixed Income Portfolio
2006	$	54,715		—	$	4,812	$	59,527
2007		60,967		—		—		60,967
DFA Intermediate Government Fixed Income Portfolio
2006		25,823	$	2,647		—		28,470
2007		46,222		310		—		46,532
DFA Inflation-Protected Securities Portfolio
2006		—		—		—		—
2007		2,996		—		—		2,996
DFA Short-Term Municipal Bond Portfolio
2006		16,050		—		—		16,050
2007		24,969		—		—		24,969
DFA California Short-Term Municipal Bond Portfolio
2006		—		—		—		—
2007		1,116		—		—		1,116

The T.A. U.S. Core Equity 2 Portfolio commenced operations on October 4, 2007 and did not pay any distributions for the year ended November 30, 2007.

At November 30, 2007, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Large Cap Value Portfolio	$	6,184	$	19,494	$	25,678
U.S. Targeted Value Portfolio		642		1,009		1,651
U.S. Small Cap Value Portfolio		10,316		50,484		60,800
U.S. Small Cap Portfolio		3,544		9,442		12,986
U.S. Micro Cap Portfolio		6,219		20,133		26,352
DFA Real Estate Securities Portfolio		—		7,430		7,430
Large Cap International Portfolio		1,718		909		2,627
International Small Company Portfolio		5,363		10,069		15,432
United Kingdom Small Company Portfolio		46		61		107
Continental Small Company Portfolio		200		428		628
DFA International Real Estate Securities Portfolio		407		—		407
DFA International Small Cap Value Portfolio		16,866		36,039		52,905
Emerging Markets Portfolio		4,513		8,976		13,489
Emerging Markets Small Cap Portfolio		2,025		6,793		8,818
Emerging Markets Core Equity Portfolio		1,413		364		1,777

125

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings/ (Accumulated Losses)
U.S. Large Company Portfolio	$	16,418		—	$	(43,516	)	$	(27,098	)
Enhanced U.S. Large Company Portfolio		437	$	17,593		—			18,030
U.S. Large Cap Value Portfolio		24,048		315,456		—			339,504
U.S. Targeted Value Portfolio		801		14,001		—			14,802
U.S. Small Cap Value Portfolio		9,049		747,955		—			757,004
U.S. Core Equity 1 Portfolio		365		—		(3,266	)		(2,901	)
U.S. Core Equity 2 Portfolio		518		—		(15,562	)		(15,044	)
U.S. Vector Equity Portfolio		3,134		—		(1,759	)		1,375
T.A. U.S. Core Equity 2 Portfolio		176		—		(310	)		(134	)
U.S. Small Cap Portfolio		5,401		173,651		—			179,052
U.S. Micro Cap Portfolio		15,440		350,692		—			366,132
DFA Real Estate Securities Portfolio		6,039		197,632		—			203,671
Large Cap International Portfolio		1,808		28,914		—			30,722
International Core Equity Portfolio		9,660		17,053		—			26,713
International Small Company Portfolio		59,881		279,890		—			339,771
Japanese Small Company Portfolio		1,167		—		(45,815	)		(44,648	)
Asia Pacific Small Company Portfolio		1,464		—		(8,758	)		(7,294	)
United Kingdom Small Company Portfolio		346		1,310		—			1,656
Continental Small Company Portfolio		347		6,764		—			7,111
DFA International Real Estate Securities Portfolio		9,175		—		(46	)		9,129
DFA International Small Cap Value Portfolio		127,551		533,420		—			660,971
Emerging Markets Portfolio		11,723		126,583		—			138,306
Emerging Markets Small Cap Portfolio		9,706		83,686		—			93,392
Emerging Markets Core Equity Portfolio		1,863		5,265		—			7,128
DFA One-Year Fixed Income Portfolio		605		—		(12,609	)		(12,004	)
DFA Two-Year Global Fixed Income Portfolio		284		296		—			580
DFA Five-Year Government Portfolio		13,206		—		(22,270	)		(9,064	)
DFA Five-Year Global Fixed Income Portfolio		48,470		—		(32,933	)		15,537
DFA Intermediate Government Fixed Income Portfolio		14,525		35		—			14,560
DFA Inflation-Protected Securities Portfolio		1,298		—		—			1,298
DFA Short-Term Municipal Bond Portfolio		2,544		—		(17	)		2,527
DFA California Short-Term Municipal Bond Portfolio		—		—		(4	)		(4	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	2008		2009		2010		2011		2012		2013		2014		2015		Total
U.S. Large Company Portfolio		—		—		—	$	28,579		—	$	5,485	$	8,867	$	585	$	43,516
U.S. Core Equity 1 Portfolio		—		—		—		—		—		—		—		3,266		3,266
U.S. Core Equity 2 Portfolio		—		—		—		—		—		—		—		15,562		15,562
U.S. Vector Equity Portfolio		—		—		—		—		—		—		—		1,759		1,759
T.A. U.S. Core Equity 2 Portfolio		—		—		—		—		—		—		—		310		310
Japanese Small Company Portfolio	$	632	$	3,508	$	4,453		19,912	$	3,801		3,055		2,451		8,003		45,815
Asia Pacific Small Company Portfolio		—		—		—		5,837		1,150		907		864		—		8,758

126

	2008		2009		2010		2011		2012		2013		2014		2015		Total
DFA International Real Estate Securities Portfolio		—		—		—		—		—		—		—	$	46	$	46
DFA One-Year Fixed Income Portfolio		—		—		—		—	$	1,119	$	4,660		—		6,830		12,609
DFA Five-Year Government Portfolio		—		—		—		—		884		6,795	$	14,591		—		22,270
DFA Five-Year Global Fixed Income Portfolio		—		—		—		—		4,667		12,384		15,882		—		32,933
DFA Short-Term Municipal Bond Portfolio		—		—		—		—		17		—		—		—		17
DFA California Short-Term Municipal Bond Portfolio		—		—		—		—		—		—		—		4		4

During the year ended November 30, 2007, the following Portfolios utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

Large Cap International Portfolio	$	6,873
Asia Pacific Small Company Portfolio		4,971
DFA Two-Year Global Fixed Income Portfolio		216
DFA Five-Year Global Fixed Income Portfolio		375

For the year ended November 30, 2007, the Japanese Small Company Portfolio had capital loss carryforward expirations of $2,827 (in thousands).

Some of the Portfolios' investments and investments held by the Master Funds are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At November 30, 2007, the following Portfolios had cumulative unrealized appreciation (depreciation) (mark to market) and/or realized gains on the sale of passive foreign investment companies, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income (amounts in thousands):

	Mark to Market		Realized Gains
Large Cap International Portfolio	$	3,274	$	4,205
International Core Equity Portfolio		448		274
International Small Company Portfolio		17,298		8,939
Japanese Small Company Portfolio		269		511
Asia Pacific Small Company Portfolio		782		384
United Kingdom Small Company Portfolio		394		61
Continental Small Company Portfolio		196		610
DFA International Real Estate Securities Portfolio		7,291		42
DFA International Small Cap Value Portfolio		28,901		53,595
Emerging Markets Portfolio		1,146		1,577
Emerging Markets Small Cap Portfolio		255		243

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
U.S. Large Company Portfolio	$	2,998,309	$	851,710	$	(222,042	)	$	629,668
Enhanced U.S. Large Company Portfolio		297,001		27,403		(35,000	)		(7,597	)
U.S. Large Cap Value Portfolio		6,714,929		1,203,827		(178,039	)		1,025,788
U.S. Targeted Value Portfolio		1,029,489		105,071		(120,465	)		(15,394	)
U.S. Small Cap Value Portfolio		8,564,849		—		(353,487	)		(353,487	)

127

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
U.S. Core Equity 1 Portfolio	$	1,726,913	$	192,225	$	(156,305	)	$	35,920
U.S. Core Equity 2 Portfolio		3,811,230		413,527		(437,637	)		(24,110	)
U.S. Vector Equity Portfolio		1,304,955		137,512		(165,642	)		(28,130	)
T.A. U.S. Core Equity 2 Portfolio		480,640		31,680		(27,816	)		3,864
U.S. Small Cap Portfolio		2,769,547		194,262		(127,621	)		66,641
U.S. Micro Cap Portfolio		4,150,448		273,486		(191,652	)		81,834
DFA Real Estate Securities Portfolio		2,826,638		535,311		(76,200	)		459,111
Large Cap International Portfolio		1,800,627		674,754		(73,805	)		600,949
International Core Equity Portfolio		3,285,246		312,417		(246,695	)		65,722
T.A. World ex U.S. Core Equity Portfolio		60,546		1,790		(331	)		1,459
International Small Company Portfolio		4,598,944		1,431,248		(463,868	)		967,380
Japanese Small Company Portfolio		301,689		54,826		(156,261	)		(101,435	)
Asia Pacific Small Company Portfolio		133,258		79,650		(65,349	)		14,301
United Kingdom Small Company Portfolio		39,972		65,788		(59,254	)		6,534
Continental Small Company Portfolio		158,219		96,433		(64,485	)		31,948
DFA International Real Estate Securities Portfolio		718,510		6,402		(91,482	)		(85,080	)
DFA International Small Cap Value Portfolio		9,324,715		1,992,278		(984,147	)		1,008,131
Emerging Markets Portfolio		1,535,659		1,585,172		(75,539	)		1,509,633
Emerging Markets Small Cap Portfolio		984,678		373,820		(86,864	)		286,956
Emerging Markets Core Equity Portfolio		1,741,725		597,617		(91,858	)		505,759
DFA One-Year Fixed Income Portfolio		3,504,794		9,306		(10,825	)		(1,519	)
DFA Two-Year Global Fixed Income Portfolio		3,111,516		120,333		(13,227	)		107,106
DFA Selectively Hedged Global Fixed Income Portfolio		201,783		579		(456	)		123
DFA Five-Year Government Portfolio		1,209,064		—		(29,500	)		(29,500	)
DFA Five-Year Global Fixed Income Portfolio		3,402,525		162,837		(60,350	)		102,487
DFA Intermediate Government Fixed Income Portfolio		1,311,360		47,343		(2,942	)		44,401
DFA Inflation-Protected Securities Portfolio		340,136		19,702		(9,327	)		10,375
DFA Short-Term Municipal Bond Portfolio		976,466		1,691		(1,025	)		666
DFA California Short-Term Municipal Bond Portfolio		191,022		616		(168	)		448

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolios' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements.

128

G. Capital Share Transactions:

The capital share transactions by class were as follows (amounts in thousands):

	Six Months Ended May 31, 2008*						Year Ended November 30, 2007
U.S. Targeted Value Portfolio	Amount			Shares			Amount			Shares
Class R1 Shares*
Shares Issued	$	40,345			4,046			N/A			N/A
Shares Issued in Lieu of Cash Distributions		102			11			N/A			N/A
Shares Redeemed		(4,035	)		(409	)		N/A			N/A
Net Increase (Decrease)—Class R1 Shares	$	36,412			3,648			N/A			N/A
Institutional Class Shares
Shares Issued	$	453,850			31,077		$	500,717			28,579
Shares Issued in Lieu of Cash Distributions		16,052			1,077			18,152			1,060
Shares Redeemed		(141,643	)		(9,761	)		(110,437	)		(6,247	)
Net Increase (Decrease)—Institutional Class Shares	$	328,259			22,393		$	408,432			23,392

* Class R1 Shares commenced operations on January 31, 2008.

H. Financial Instruments:

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest, either directly or indirectly through their investment in a corresponding Master Fund, in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit risk. These instruments and their significant corresponding risks are described below:

1. Repurchase Agreements: The Portfolios may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Fund's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on May 30, 2008.

2. Forward Currency Contracts: The DFA Selectively Hedged Global Fixed Income Portfolio and DFA Five-Year Global Fixed Income Portfolio may enter into forward foreign currency contracts only to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies. At May 31, 2008, the DFA Selectively Hedged Global Fixed Income Portfolio and the DFA Five-Year Global Fixed Income Portfolio had entered into the following contracts and the net unrealized foreign exchange gain/(loss) is reflected in the accompanying financial statements (amounts in thousands):

DFA Selectively Hedged Global Fixed Income Portfolio

Settlement Date		Currency Amount		Currency Sold	Contract Amount		Value at May 31, 2008		Unrealized Foreign Exchange Gain (Loss)
	06/23/08		63,926	Japanese Yen	$	617	$	607	$	10

129

DFA Five-Year Global Fixed Income Portfolio

Settlement Date	Currency Amount		Currency Sold	Contract Amount		Value at May 31, 2008		Unrealized Foreign Exchange Gain (Loss)
06/18/08		43,370	Australian Dollar	$	40,364	$	41,350	$	(986	)
06/18/08		253,608	Swedish Krona		42,042		42,220		(178	)
06/18/08		212,568	Swiss Franc		201,421		203,983		(2,562	)
06/18/08		91,124	Euro		141,076		141,640		(564	)
06/18/08		30,758,883	Japanese Yen		292,841		292,078		763
06/23/08		36,185,980	Japanese Yen		349,371		343,707		5,664
06/30/08		32,546,696	Japanese Yen		313,283		309,259		4,024
				$	1,380,398	$	1,374,237	$	6,161

Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

3. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities held by the Portfolios may be inhibited.

4. Treasury Inflation-Protected Securities (TIPS): The DFA Inflation-Protected Securities Portfolio may purchase TIPS which are securities issued by the U.S. Treasury. Because the interest and/or principal payments on an inflation-protected security are adjusted periodically for changes in inflation, the income distributed by the Portfolio may be irregular. In addition, the current market value of inflation-protected securities is not guaranteed and will fluctuate.

I. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009.

For the six months ended May 31, 2008, borrowings by the Portfolios under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
U.S. Targeted Value Portfolio		3.49	%	$	512		6		—	$	753
U.S. Core Equity 1 Portfolio		3.56	%		5,176		7	$	4		9,542
U.S. Core Equity 2 Portfolio		5.34	%		6,437		7		7		13,919
U.S. Vector Equity Portfolio		4.69	%		10,157		12		16		37,588
T.A. U.S. Core Equity 2 Portfolio		4.73	%		1,162		11		2		4,146
DFA Real Estate Securities Portfolio		3.51	%		19,294		6		11		24,998

At May 31, 2008, the DFA Real Estate Securities Portfolio had a loan outstanding in the amount of $21,303 (in thousands).

130

the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the six months ended May 31, 2008, borrowings by the Portfolios under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
U.S. Core Equity 2 Portfolio		4.91	%	$	17,023		1	$	2	$	17,023
Large Cap International Portfolio		4.62	%		1,847		2		—		2,558
International Small Company Portfolio		4.18	%		951		1		—		951
DFA International Small Cap Value Portfolio		5.30	%		1,135		2		—		1,135
Emerging Markets Core Equity Portfolio		3.56	%		1,352		14		2		3,744

There were no outstanding borrowings by the Portfolios under this line of credit at May 31, 2008.

J. Securities Lending:

As of May 31, 2008, some of the Portfolios had securities on loan to brokers/dealers, for which each Portfolio held cash collateral. Each Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are required at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. In the event that the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities.

Subject to each Portfolios' investment policy, the cash collateral received by the Portfolio from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

K. Shareholder Servicing Fees:

The Class R1 Shares pay a shareholder servicing fee in the amount of 0.10% of their annual average net assets to compensate service agents that provide shareholder servicing, record keeping, account maintenance and other services to investors in the U.S. Targeted Value Portfolio Class R1 Shares.

L. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

131

M. Recently Issued Accounting Standards and Interpretation:

N. Other:

At May 31, 2008, the following number of shareholders held the following approximate percentages of outstanding shares of the Portfolios. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding Shares
U.S. Large Company Portfolio — Institutional Class Shares		2		93	%
Enhanced U.S. Large Company Portfolio — Institutional Class Shares		3		78	%
U.S. Large Cap Value Portfolio — Institutional Class Shares		3		72	%
U.S. Targeted Value Portfolio — Institutional Class Shares		2		34	%
U.S. Targeted Value Portfolio — Class R1 Shares		1		100	%
U.S. Small Cap Value Portfolio — Institutional Class Shares		1		38	%
U.S. Core Equity 1 Portfolio — Institutional Class Shares		2		56	%
U.S. Core Equity 2 Portfolio — Institutional Class Shares		4		76	%
U.S. Vector Equity Portfolio — Institutional Class Shares		4		87	%
T.A. U.S. Core Equity 2 Portfolio — Institutional Class Shares		2		83	%
U.S. Small Cap Portfolio — Institutional Class Shares		2		41	%
U.S. Micro Cap Portfolio — Institutional Class Shares		2		54	%
DFA Real Estate Securities Portfolio — Institutional Class Shares		2		70	%
Large Cap International Portfolio — Institutional Class Shares		2		70	%
International Core Equity Portfolio — Institutional Class Shares		3		60	%
T.A. World ex U.S. Core Equity Portfolio — Institutional Class Shares		2		90	%
International Small Company Portfolio — Institutional Class Shares		2		52	%
Japanese Small Company Portfolio — Institutional Class Shares		3		58	%
Asia Pacific Small Company Portfolio — Institutional Class Shares		3		79	%
United Kingdom Small Company Portfolio — Institutional Class Shares		1		72	%
Continental Small Company Portfolio — Institutional Class Shares		2		57	%
DFA International Real Estate Securities Portfolio — Institutional Class Shares		2		74	%
DFA International Small Cap Value Portfolio — Institutional Class Shares		2		48	%
Emerging Markets Portfolio — Institutional Class Shares		1		38	%
Emerging Markets Small Cap Portfolio — Institutional Class Shares		2		48	%
Emerging Markets Core Equity Portfolio — Institutional Class Shares		2		63	%
DFA One-Year Fixed Income Portfolio — Institutional Class Shares		3		79	%
DFA Two-Year Global Fixed Income Portfolio — Institutional Class Shares		2		80	%
DFA Selectively Hedged Global Fixed Income Portfolio — Institutional Class Shares		2		90	%
DFA Five-Year Government Portfolio — Institutional Class Shares		3		73	%
DFA Five-Year Global Fixed Income Portfolio — Institutional Class Shares		3		70	%
DFA Intermediate Government Fixed Income Portfolio — Institutional Class Shares		2		81	%
DFA Inflation-Protected Securities Portfolio — Institutional Class Shares		1		74	%
DFA Short-Term Municipal Bond Portfolio — Institutional Class Shares		3		80	%
DFA California Short-Term Municipal Bond Portfolio — Institutional Class Shares		4		91	%

132

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Institutional Class Shares — Six Months Ended May 31, 2008
Class R2 Shares — For the Period April 30, 2008 to May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio			Expenses Paid During Period
Actual Fund Return
Class R2 Shares**	$	1,000.00	$	1,000.00		0.74	%	$	0.65
Institutional Class Shares*	$	1,000.00	$	938.20		0.44	%	$	2.13
Hypothetical 5% Annual Return
Class R2 Shares**	$	1,000.00	$	1,021.30		0.74	%	$	3.74
Institutional Class Shares*	$	1,000.00	$	1,022.80		0.44	%	$	2.23

** Class R2 Shares commenced operations April 30, 2008. Expenses are equal to the fund's annualized expense ratio for the period, multiplied by the average account value over the period, multiplied by the number of days since inception (32), then divided by the number of days in the year (366) to reflect the expenses paid during the period. The "Ending Account Value" is derived from the fund's share class actual return since inception. The "Hypothetical 5% Annual Return" information reflects the 183 day period for the six months ended May 31, 2008 to allow for comparability. The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

133

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

The categories of industry classification for the Affiliated Investment Company is represented in the Disclosure of Portfolio Holdings, which is included elsewhere within the report. Refer to the Summary Schedule of Portfolio Holdings for the underlying Master Fund's holdings which reflects the investments by country.

Affiliated Investment Company

100.0

134

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (287,571,545 Shares) at Value†	$	6,122,398
Receivable for Fund Shares Sold		7,474
Prepaid Expenses and Other Assets		124
Total Assets		6,129,996
LIABILITIES:
Payables:
Affiliated Investment Company Shares Purchased		5,145
Fund Shares Redeemed		2,329
Due to Advisor		1,035
Accrued Expenses and Other Liabilities		265
Total Liabilities		8,774
NET ASSETS	$	6,121,222
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $3,588 and shares outstanding of 358,656	$	10.00
NUMBER OF SHARES AUTHORIZED		25,000,000
Institutional Class Shares — based on net assets of $6,117,634 and shares outstanding of 262,607,235	$	23.30
NUMBER OF SHARES AUTHORIZED		300,000,000
Investment at Cost	$	4,957,632
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,646,480
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(3,060	)
Accumulated Net Realized Gain (Loss)		313,036
Net Unrealized Appreciation (Depreciation)		1,164,766
NET ASSETS	$	6,121,222

See accompanying Notes to Financial Statements.
135

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF OPERATIONS

  FOR THE SIX MONTHS ENDED MAY 31, 2008
  (Unaudited)
  (Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	19,312
Expenses
Administrative Services Fees		5,916
Accounting & Transfer Agent Fees		48
Filing Fees		68
Shareholders' Reports		57
Directors'/Trustees' Fees & Expenses		23
Legal Fees		56
Audit Fees		6
Other		10
Total Expenses		6,184
Net Investment Income (Loss)		13,128
Net Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		414,722
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(38,524	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(775,423	)
Net Realized and Unrealized Gain (Loss)		(399,225	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(386,097	)

See accompanying Notes to Financial Statements.
136

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	13,128		$	160,985
Capital Gain Distributions Received from Affiliated Investment Company		414,722			120,165
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(38,524	)		(11,416	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(775,423	)		529,397
Net Increase (Decrease) in Net Assets Resulting from Operations		(386,097	)		799,131
Distributions From:
Net Investment Income:
Institutional Class Shares		(36,701	)		(140,110	)
Net Short-Term Gains:
Institutional Class Shares		(14,929	)		(9,341	)
Net Long-Term Gains:
Institutional Class Shares		(106,397	)		(65,358	)
Total Distributions		(158,027	)		(214,809	)
Capital Share Transactions:
Shares Issued		966,000			2,157,333
Shares Issued in Lieu of Cash Distributions		146,171			192,509
Shares Redeemed		(708,894	)		(1,128,154	)
Net Increase (Decrease) from Capital Share Transactions		403,277			1,221,688
Total Increase (Decrease) in Net Assets		(140,847	)		1,806,010
Net Assets
Beginning of Period		6,262,069			4,456,059
End of Period	$	6,121,222		$	6,262,069

Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(3,060	)	$	20,513

See accompanying Notes to Financial Statements.
137

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout the period)

Class R2 Shares

	For the Period April 30, 2008(a) to May 31, 2008
Net Asset Value, Beginning of Period	$	10.00
Income from Investment Operations
Net Investment Income (Loss)		—	(A)
Net Gains (Losses) (Realized and Unrealized)		—
Total from Investment Operations		—
Less Distributions
Net Investment Income		—
Net Realized Gains		—
Total Distributions		—
Net Asset Value, End of Period	$	10.00
Total Return		0	%(C)
Net Assets, End of Period (thousands)	$	3,588
Ratio of Expenses to Average Net Assets (D)		0.74	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		(0.51	)%(B)(E)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
138

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	25.51		$	22.71		$	17.67		$	15.73		$	12.20		$	9.19
Income from Investment Operations
Net Investment Income (Loss)		0.05	(A)		0.72	(A)		0.66	(A)		0.48			0.26			0.22
Net Gains (Losses) (Realized and Unrealized)		(1.62	)		3.09			5.37			1.89			3.58			3.02
Total from Investment Operations		(1.57	)		3.81			6.03			2.37			3.84			3.24
Less Distributions
Net Investment Income		(0.15	)		(0.63	)		(0.65	)		(0.42	)		(0.31	)		(0.23	)
Net Realized Gains		(0.49	)		(0.38	)		(0.34	)		(0.01	)		—			—
Total Distributions		(0.64	)		(1.01	)		(0.99	)		(0.43	)		(0.31	)		(0.23	)
Net Asset Value, End of Period	$	23.30		$	25.51		$	22.71		$	17.67		$	15.73		$	12.20
Total Return		(6.18	)%(C)		17.09	%		35.39	%		15.40	%		31.86	%		35.92	%
Net Assets, End of Period (thousands)	$	6,117,634		$	6,262,069		$	4,456,059		$	2,518,457		$	1,431,989		$	748,319
Ratio of Expenses to Average Net Assets (D)		0.44	%(B)		0.44	%		0.44	%		0.48	%		0.51	%		0.52	%
Ratio of Net Investment Income to Average Net Assets		0.44	%(B)		2.89	%		3.25	%		2.86	%		1.87	%		2.26	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
139

DIMENSIONAL INVESTMENT GROUP INC.
DFA INTERNATIONAL VALUE PORTFOLIO
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio (the "Portfolio") is presented in this section of the report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 70% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

Effective October 10, 2007, the Fund established two new classes of shares of the Portfolio contained in this report, which new classes are designated as Class R1 Shares and Class R2 Shares. In conjunction with the creation of these two additional classes of shares, the original class of shares of the Portfolio of the Fund contained in this report was renamed the "Institutional Class shares" effective October 10, 2007. The designation of the original class of shares as "Institutional Class shares" did not change the fees, expenses, rights or preferences of the shares. The Class R2 shares commenced operations on April 30, 2008. As of May 31, 2008, Class R1 has 25,000,000 authorized shares and has not commenced operations.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

140

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio	$	6,122,398		—		—	$	6,122,398

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unreali zed appreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $124 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio or to the Series are directly charged. Common expenses of the Fund or Portfolios are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Pursuant to the Expense Assumption Agreement for the Class R2 shares of the DFA International Value Portfolio, the Advisor has contractually agreed to assume the Portfolio's direct expenses (excluding administrative fees and custodian fees) to the extent necessary to limit the expenses of the Class R2 shares of the Portfolio to 0.79% of its average net assets on an annualized basis. At any time that the annualized expenses of the Portfolio are less than 0.79% of its average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the annualized expenses to exceed 0.79% of its average net assets on an annualized basis. The Portfolio is not obligated to reimburse the advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of such reimbursement.

The Expense Assumption Agreement will remain in effect until April 1, 2009 and shall continue to remain in effect for year to year thereafter unless terminated by the Fund or the Advisor. At May 31, 2008, there were no fees subject to future recovery by the Advisor.

141

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

Distributions from net investment income and from net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to the utilization of accumulated earnings and profits distributed to shareholders on redemption of shares as part of the dividends paid deduction for income tax purposes, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset val ue per share (amounts in thousands):

Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	10,950			$	(6,391	)		$	(4,559	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	120,187	$	45,625	$	165,812
2007		156,076		69,683		225,759

At November 30, 2007, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes differs from the amount above due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

Net Investment Income and Short-Term Capital Gains				Net Long-Term Capital Gains				Total
$	6,625			$	4,325			$	10,950

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	20,631			$	106,309			$	126,940

142

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards to offset future realized capital gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	5,046,627			$	1,164,766			$	(88,995	)		$	1,075,771

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolios' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements.

E. Capital Share Transactions:

The capital share transactions by class were as follows (amounts in thousands):

	Six Months Ended May 31, 2008*						Year Ended November 30, 2007
	Amount			Shares			Amount			Shares
Class R2 Shares*
Shares Issued	$	3,692			369			N/A			N/A
Shares Issued in Lieu of Cash Distributions		—			—			N/A			N/A
Shares Redeemed		(103	)		(10	)		N/A			N/A
Net Increase (Decrease)—Class R2 Shares	$	3,589			359			N/A			N/A
Institutional Class Shares
Shares Issued	$	962,308			41,950		$	2,157,333			86,715
Shares Issued in Lieu of Cash Distributions		146,172			6,224			192,509			7,988
Shares Redeemed		(708,792	)		(31,020	)		(1,128,154	)		(45,424	)
Net Increase (Decrease)—Institutional Class Shares	$	399,688			17,154		$	1,221,688			49,279

* Class R2 Shares commenced operations on April 30, 2008.

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the current overnight Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is

143

scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

G. Shareholder Servicing Fees:

The Class R2 Shares pay a shareholder servicing fee in the amount of 0.25% of their annual average net assets to compensate service agents that provide shareholder servicing, record keeping, account maintenance and other services to investors in the DFA International Value Portfolio Class R2 Shares.

H. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

I. Recently Issued Accounting Standards and Interpretation:

J. Other:

At May 31, 2008, one shareholder held approximately 100% of the outstanding shares of Class R2 shares of the Portfolio and two shareholders held approximately 46% of the outstanding shares of the Institutional Class shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

144

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLES

The U.S. Large Company Series	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	955.60		0.04	%	$	0.20
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.80		0.04	%	$	0.20
The Enhanced U.S. Large Company Series
Actual Fund Return	$	1,000.00	$	953.00		0.08	%	$	0.39
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.08	%	$	0.40

145

The U.S. Large Cap Value Series	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,002.00		0.12	%	$	0.60
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.12	%	$	0.61
The U.S. Small Cap Value Series
Actual Fund Return	$	1,000.00	$	985.60		0.22	%	$	1.09
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.22	%	$	1.11
The U.S. Small Cap Series
Actual Fund Return	$	1,000.00	$	976.50		0.05	%	$	0.25
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.75		0.05	%	$	0.25
The U.S. Micro Cap Series
Actual Fund Return	$	1,000.00	$	953.70		0.12	%	$	0.59
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.12	%	$	0.61
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	939.00		0.23	%	$	1.11
Hypothtical 5% Annual Return	$	1,000.00	$	1,023.85		0.23	%	$	1.16
The Japanese Small Company Series
Actual Fund Return	$	1,000.00	$	962.50		0.13	%	$	0.64
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.35		0.13	%	$	0.66
The Asia Pacific Small Company Series
Actual Fund Return	$	1,000.00	$	968.90		0.15	%	$	0.74
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.25		0.15	%	$	0.76
The United Kingdom Small Company Series
Actual Fund Return	$	1,000.00	$	910.80		0.12	%	$	0.57
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.12	%	$	0.61
The Continental Small Company Series
Actual Fund Return	$	1,000.00	$	985.30		0.14	%	$	0.69
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.30		0.14	%	$	0.71
The Canadian Small Company Series
Actual Fund Return	$	1,000.00	$	1,010.90		0.19	%	$	0.96
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.19	%	$	0.96
The Emerging Markets Series
Actual Fund Return	$	1,000.00	$	980.60		0.18	%	$	0.89
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.10		0.18	%	$	0.91
The Emerging Markets Small Cap Series
Actual Fund Return	$	1,000.00	$	921.30		0.30	%	$	1.44
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.50		0.30	%	$	1.52

146

The DFA One-Year Fixed Income Series	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,016.80		0.06	%	$	0.30
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.70		0.06	%	$	0.30
The DFA Two-Year Global Fixed Income Series
Actual Fund Return	$	1,000.00	$	1,017.70		0.07	%	$	0.35
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.65		0.07	%	$	0.35

147

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

148

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

	Consumer Discretionary			Consumer Staples			Energy			Financials			Health Care			Industrials			Information Technology
The U.S. Large Company Series		8.5	%		10.5	%		14.3	%		14.7	%		11.4	%		11.8	%		16.7	%
The U.S. Large Cap Value Series		16.0	%		4.8	%		16.5	%		32.2	%		0.6	%		15.4	%		4.6	%
The U.S. Small Cap Value Series		18.3	%		3.6	%		11.5	%		21.3	%		4.7	%		17.3	%		16.4	%
The U.S. Small Cap Series		14.4	%		4.2	%		8.1	%		12.6	%		14.1	%		18.5	%		18.9	%
The U.S. Micro Cap Series		13.6	%		4.1	%		5.8	%		14.9	%		15.3	%		17.8	%		21.2	%
The DFA International Value Series		12.7	%		3.0	%		6.0	%		43.3	%		0.4	%		9.0	%		3.0	%
The Japanese Small Company Series		21.0	%		9.6	%		1.5	%		10.8	%		4.4	%		27.8	%		12.4	%
The Asia Pacific Small Company Series		17.7	%		4.9	%		11.8	%		12.1	%		5.4	%		18.1	%		4.6	%
The United Kingdom Small Company Series		17.2	%		3.9	%		8.5	%		13.7	%		2.9	%		35.3	%		11.8	%
The Continental Small Company Series		15.9	%		7.5	%		4.5	%		15.3	%		7.5	%		28.4	%		8.9	%
The Canadian Small Company Series		9.5	%		3.3	%		24.8	%		6.2	%		5.3	%		7.3	%		6.9	%
The Emerging Markets Series		5.2	%		7.8	%		9.8	%		19.8	%		3.1	%		8.8	%		10.2	%
The Emerging Small Cap Series		17.3	%		13.3	%		1.8	%		12.0	%		3.8	%		17.6	%		9.0	%

	Materials			REITs			Telecommunication Services			Utilities			Other			Total
The U.S. Large Company Series		3.7	%		1.2	%		3.5	%		3.7	%		—			100.0	%
The U.S. Large Cap Value Series		3.4	%		—			6.5	%		—			—			100.0	%
The U.S. Small Cap Value Series		5.9	%		—			0.3	%		0.7	%		—			100.0	%
The U.S. Small Cap Series		5.0	%		—			1.0	%		3.2	%		—			100.0	%
The U.S. Micro Cap Series		4.2	%		—			1.3	%		1.8	%		—			100.0	%
The DFA International Value Series		12.0	%		—			7.4	%		3.2	%		—			100.0	%
The Japanese Small Company Series		11.8	%		—			—			0.7	%		—			100.0	%
The Asia Pacific Small Company Series		20.6	%		0.5	%		1.6	%		2.6	%		0.1	%		100.0	%
The United Kingdom Small Company Series		3.4	%		1.8	%		0.9	%		0.6	%		—			100.0	%
The Continental Small Company Series		8.3	%		0.1	%		0.8	%		2.8	%		—			100.0	%
The Canadian Small Company Series		35.3	%		—			—			1.4	%		—			100.0	%
The Emerging Markets Series		19.2	%		—			12.0	%		4.0	%		0.1	%		100.0	%
The Emerging Small Cap Series		20.3	%		—			1.1	%		3.6	%		0.2	%		100.0	%

FIXED INCOME PORTFOLIOS

	Corporate			Government			Foreign Corporate			Foreign Government			Supranational			Total
The Enhanced U.S. Large Company Series		39.8	%		20.8	%		24.0	%		10.9	%		4.5	%		100.0	%
The DFA One-Year Fixed Income Series		29.2	%		16.1	%		51.8	%		2.9	%		—			100.0	%
The DFA Two-Year Global Fixed Income Series		25.3	%		5.1	%		57.5	%		9.7	%		2.4	%		100.0	%

149

THE U.S. LARGE COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (90.9%)
Consumer Discretionary — (7.9%)
Comcast Corp. Class A		1,132,895	$	25,490,138		0.5	%
Disney (Walt) Co.		708,475		23,804,760		0.5	%
McDonald's Corp.		433,302		25,703,475		0.6	%
Time Warner, Inc.		1,345,582		21,367,842		0.5	%
Other Securities				303,116,776		6.4	%
Total Consumer Discretionary				399,482,991		8.5	%
Consumer Staples — (9.6%)
Coca-Cola Co.		751,986		43,058,718		0.9	%
CVS Caremark Corp.		538,740		23,052,685		0.5	%
PepsiCo, Inc.		602,668		41,162,224		0.9	%
* Philip Morris International, Inc.		793,242		41,772,124		0.9	%
Procter & Gamble Co.		1,157,901		76,479,361		1.6	%
# Wal-Mart Stores, Inc.		889,011		51,331,495		1.1	%
Other Securities				206,802,616		4.4	%
Total Consumer Staples				483,659,223		10.3	%
Energy — (13.0%)
Chevron Corp.		781,345		77,470,357		1.6	%
ConocoPhillips		587,512		54,697,367		1.2	%
Devon Energy Corp.		167,199		19,385,052		0.4	%
# Exxon Mobil Corp.		2,012,934		178,668,022		3.8	%
Occidental Petroleum Corp.		309,488		28,451,232		0.6	%
Schlumberger, Ltd.		450,634		45,572,616		1.0	%
Other Securities				253,674,583		5.3	%
Total Energy				657,919,229		13.9	%
Financials — (13.4%)
# American Express Co.		434,974		20,161,045		0.4	%
American International Group, Inc.		1,013,369		36,481,284		0.8	%
Bank of America Corp.		1,671,378		56,843,566		1.2	%
Citigroup, Inc.		1,958,865		42,879,555		0.9	%
JPMorgan Chase & Co.		1,277,939		54,951,377		1.2	%
The Goldman Sachs Group, Inc.		148,659		26,224,934		0.6	%
# U.S. Bancorp		650,811		21,600,417		0.5	%
Wells Fargo & Co.		1,240,415		34,198,242		0.7	%
Other Securities				382,533,246		8.0	%
Total Financials				675,873,666		14.3	%
Health Care — (10.4%)
# Abbott Laboratories		581,578		32,771,920		0.7	%
* Gilead Sciences, Inc.		349,484		19,333,455		0.4	%
# Johnson & Johnson		1,065,759		71,128,756		1.5	%
Medtronic, Inc.		422,535		21,409,848		0.5	%
Merck & Co., Inc.		814,685		31,740,128		0.7	%
Pfizer, Inc.		2,543,806		49,248,084		1.0	%
Wyeth		503,407		22,386,509		0.5	%
Other Securities				275,858,369		5.8	%
Total Health Care				523,877,069		11.1	%

150

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (10.7%)
3M Co.		266,255	$	20,650,738		0.4	%
# Boeing Co.		287,765		23,818,309		0.5	%
# Caterpillar, Inc.		234,771		19,401,475		0.4	%
General Electric Co.		3,757,085		115,417,651		2.4	%
United Parcel Service, Inc.		389,175		27,639,209		0.6	%
United Technologies Corp.		369,292		26,234,504		0.6	%
Other Securities				306,117,747		6.5	%
Total Industrials				539,279,633		11.4	%
Information Technology — (15.0%)
#* Apple, Inc.		330,673		62,414,529		1.3	%
#* Cisco Sytems, Inc.		2,242,810		59,927,883		1.3	%
#* Google, Inc.		87,251		51,111,636		1.1	%
Hewlett-Packard Co.		927,562		43,651,068		0.9	%
Intel Corp.		2,177,721		50,479,573		1.1	%
# International Business Machines Corp.		520,851		67,413,745		1.4	%
Microsoft Corp.		3,011,487		85,285,312		1.8	%
#* Oracle Corp.		1,488,124		33,988,752		0.7	%
# QUALCOMM, Inc.		606,619		29,445,286		0.6	%
Other Securities				273,153,672		5.8	%
Total Information Technology				756,871,456		16.0	%
Materials — (3.4%)
Monsanto Co.		206,179		26,267,205		0.6	%
Other Securities				144,019,925		3.0	%
Total Materials				170,287,130		3.6	%
Real Estate Investment Trusts — (1.1%)
Total Real Estate Investment Trusts				55,531,707		1.2	%
Telecommunication Services — (3.1%)
AT&T, Inc.		2,270,928		90,610,027		1.9	%
Verizon Communications, Inc.		1,080,190		41,554,909		0.9	%
Other Securities				27,669,549		0.6	%
Total Telecommunication Services				159,834,485		3.4	%
Utilities — (3.3%)
# Exelon Corp.		248,781		21,892,728		0.5	%
Other Securities				147,410,943		3.1	%
Total Utilities				169,303,671		3.6	%
TOTAL COMMON STOCKS				4,591,920,260		97.3	%

151

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (2.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $117,940,000 FHLMC 6.50%, 08/01/37 & FHLMC 6.50%, 09/01/37, valued at $107,679,683) to be repurchased at $106,099,150	$	106,082	$	106,082,000		2.2	%
SECURITIES LENDING COLLATERAL — (7.0%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $584,724,832 FNMA, rates ranging from 3.500% to 9.000%, maturities ranging from 12/01/11 to 06/01/38, valued at $320,747,069) to be repurchased at $311,465,904		311,405		311,404,921		6.6	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $65,100,286 FNMA, rates ranging from 5.000% to 6.000%, maturities ranging from 02/01/18 to 05/01/38, valued at $41,679,949) to be repurchased at $40,471,145		40,464		40,463,524		0.9	%
TOTAL SECURITIES LENDING COLLATERAL				351,868,445		7.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,880,265,093)			$	5,049,870,705		107.0	%

See accompanying Notes to Financial Statements.
152

THE ENHANCED U.S. LARGE COMPANY SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount^		Value†
	(000)
AUSTRALIA — (1.6%)
BONDS — (1.6%)
General Electric Capital Australia 6.250%, 03/30/09		5,000	$	4,708,948
AUSTRIA — (2.1%)
BONDS — (2.1%)
PFandBriefstelle der Oesterriechischen Landes- Hypothekenbanken (f) 3.000%, 01/19/09		6,200		5,950,953
GERMANY — (12.7%)
BONDS — (12.7%)
Landesbank Baden-Wuerttemberg (f) 3.000%, 12/22/08		3,700		3,549,760
Landwirtschaftliche Rentenbank (j) 0.650%, 09/30/08		1,130,000		10,712,887
L-Bank Landeskreditbank Baden- Wuerttemberg Foerderbank 3.000%, 07/04/08		7,000		10,873,991
Norddeutsche Landesbank Girozentrale AG (j) 0.450%, 01/19/09		1,200,000		11,351,144
TOTAL — GERMANY				36,487,782
NETHERLANDS — (3.6%)
BONDS — (3.6%)
Bank Nederlandse Gemeenten (j) 0.800%, 09/22/08		1,107,000		10,500,402
SPAIN — (3.3%)
BONDS — (3.3%)
Instituto de Credito Oficial (j) 0.800%, 09/28/09		1,000,000		9,455,397
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (4.5%)
BONDS — (4.5%)
Inter-American Development Bank (j) 1.900%, 07/08/09		1,100,000		10,534,905
World Bank (International Bank for Reconstruction & Development) (t) 5.450%, 08/18/08		2,440		2,318,110
TOTAL — SUPRANATIONAL ORGANIZATION OBLIGATIONS				12,853,015
SWEDEN — (1.1%)
BONDS — (1.1%)
Kommuninvest 5.050%, 10/28/08		1,000		943,690
(t) 5.000%, 11/25/08		2,300		2,167,571
TOTAL — SWEDEN				3,111,261

	Face Amount^		Value†
	(000)
UNITED KINGDOM — (0.9%)
BONDS — (0.9%)
BP Capital Markets P.L.C. (g) 4.875%, 03/15/10		2,500	$	2,549,805
UNITED STATES — (70.2%)
AGENCY OBLIGATIONS — (20.7%)
Federal Farm Credit Bank 2.750%, 05/04/10		7,600		7,544,657
Federal Home Loan Bank 4.375%, 03/17/10		6,600		6,745,385
2.375%, 04/30/10		14,400		14,193,518
4.875%, 05/14/10		5,800		5,986,476
Federal Home Loan Mortgage Corporation Discount Notes 2.050%, 07/21/08		17,000		16,950,938
Federal National Mortgage Association 2.375%, 05/20/10		8,500		8,377,693
TOTAL AGENCY OBLIGATIONS				59,798,667
BONDS — (21.1%)
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		9,000		8,895,330
General Electric Capital Corp. (j) 0.550%, 10/14/08		1,000,000		9,461,383
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		6,500		6,422,176
Hewlett-Packard Co. Floating Rate Note (r) 5.370%, 06/15/09		7,000		6,977,852
IBM International Group Floating Rate Note (r) 3.584%, 07/29/09		3,400		3,408,160
John Deere Capital Corp. Floating Rate Note (r) 3.530%, 02/26/10		7,000		6,995,079
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		8,300		8,278,213
Paccar Financial Corp. Floating Rate Note (r) 4.966%, 09/21/09		2,500		2,493,640
Wal-Mart Stores, Inc. 6.875%, 08/10/09		7,500		7,820,033
TOTAL BONDS				60,751,866

153

THE ENHANCED U.S. LARGE COMPANY SERIES

CONTINUED

	Face Amount^		Value†
	(000)
COMMERCIAL PAPER — (27.7%)
Allianz Finance Corp. 2.380%, 06/03/08		6,600	$	6,598,328
AT&T, Inc. 2.100%, 06/27/08		7,400		7,386,451
BASF AG 2.300%, 06/25/08		3,000		2,994,954
Cafco LLC 2.550%, 06/06/08		3,500		3,498,169
Caisse Centrale Desjardins Du Quebec 2.500%, 08/01/08		6,900		6,869,546
Ciesco L.P. 2.680%, 06/02/08		7,600		7,598,296
Cornell University 2.600%, 06/02/08		4,300		4,300,000
2.500%, 06/19/08		3,000		2,996,250
CRC Funding LLC 2.630%, 06/02/08		7,600		7,598,296
Eksportfinans 2.290%, 07/07/08		7,400		7,381,339
Electricite de France 2.250%, 07/21/08		7,500		7,473,155
New Center Asset Trust 2.650%, 06/10/08		8,000		7,993,425
Stanley Works 2.100%, 06/18/08		7,000		6,991,318
TOTAL COMMERCIAL PAPER				79,679,527
	Shares
TEMPORARY CASH INVESTMENTS — (0.7%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		1,978,088		1,978,088
TOTAL INVESTMENTS — (100.0%) (Cost $276,836,182)			$	287,825,711

See accompanying Notes to Financial Statements.
154

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (90.6%)
Consumer Discretionary — (14.6%)
# CBS Corp. Class B		5,687,606	$	122,738,537		1.2	%
Clear Channel Communications, Inc.		1,942,666		68,032,163		0.7	%
# Comcast Corp. Class A		12,429,142		279,655,695		2.8	%
*# Ford Motor Co.		11,321,890		76,988,852		0.8	%
# General Motors Corp.		4,413,900		75,477,690		0.8	%
* IAC/InterActiveCorp.		2,097,251		47,293,010		0.5	%
* Liberty Media Corp. - Entertainment Class A		3,931,872		106,160,544		1.1	%
* Liberty Media Holding Corp. Interactive Class A		4,235,162		71,955,402		0.7	%
Time Warner, Inc.		18,688,980		296,781,002		2.9	%
Other Securities				479,707,827		4.6	%
Total Consumer Discretionary				1,624,790,722		16.1	%
Consumer Staples — (4.4%)
Archer-Daniels-Midland Co.		1,240,260		49,238,322		0.5	%
Coca-Cola Enterprises, Inc.		3,580,472		72,110,706		0.7	%
Kraft Foods, Inc.		4,030,190		130,900,571		1.3	%
SUPERVALU, Inc.		1,536,742		53,893,542		0.5	%
Other Securities				177,920,030		1.8	%
Total Consumer Staples				484,063,171		4.8	%
Energy — (15.0%)
Anadarko Petroleum Corp.		3,481,656		261,019,750		2.6	%
Apache Corp.		2,319,190		310,910,611		3.1	%
# Chesapeake Energy Corp.		3,199,938		175,260,604		1.7	%
ConocoPhillips		3,507,507		326,548,902		3.2	%
Devon Energy Corp.		1,997,042		231,537,049		2.3	%
# Pioneer Natural Resources Co.		786,498		56,462,691		0.6	%
Valero Energy Corp.		1,239,275		63,004,741		0.6	%
Other Securities				238,752,168		2.4	%
Total Energy				1,663,496,516		16.5	%
Financials — (29.0%)
Allstate Corp.		2,126,900		108,344,286		1.1	%
# American International Group, Inc.		3,921,610		141,177,960		1.4	%
Bank of America Corp.		6,581,274		223,829,129		2.2	%
# Capital One Financial Corp.		1,606,984		77,328,070		0.8	%
Chubb Corp.		1,482,600		79,704,576		0.8	%
# Cincinnati Financial Corp.		1,328,489		46,523,685		0.5	%
# CNA Financial Corp.		1,929,282		58,630,880		0.6	%
Hartford Financial Services Group, Inc.		1,157,500		82,263,525		0.8	%
JPMorgan Chase & Co.		7,876,534		338,690,962		3.4	%
Lincoln National Corp.		1,092,926		60,285,798		0.6	%
# Loews Corp.		3,874,202		192,044,193		1.9	%
# Merrill Lynch & Co., Inc.		1,433,140		62,943,509		0.6	%
# MetLife, Inc.		5,587,198		335,399,496		3.3	%
Morgan Stanley		1,602,371		70,872,869		0.7	%
Principal Financial Group, Inc.		1,193,300		64,295,004		0.6	%
Prudential Financial, Inc.		1,861,400		139,046,580		1.4	%
The Travelers Companies, Inc.		5,164,209		257,229,250		2.5	%
# Unum Group		2,446,189		58,904,231		0.6	%
Other Securities				824,610,099		8.1	%
Total Financials				3,222,124,102		31.9	%

155

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (0.5%)
Total Health Care			$	55,725,577		0.6	%
Industrials — (14.0%)
# Burlington Northern Santa Fe Corp.		2,216,173		250,538,358		2.5	%
CSX Corp.		3,367,404		232,552,920		2.3	%
Norfolk Southern Corp.		3,209,002		216,222,555		2.1	%
# Northrop Grumman Corp.		2,635,484		198,873,623		2.0	%
Raytheon Co.		740,994		47,319,877		0.5	%
# Southwest Airlines Co.		5,164,520		67,448,631		0.7	%
Union Pacific Corp.		4,137,400		340,549,394		3.4	%
Other Securities				198,826,581		1.9	%
Total Industrials				1,552,331,939		15.4	%
Information Technology — (4.1%)
* Computer Sciences Corp.		1,385,243		68,084,693		0.7	%
Electronic Data Systems Corp.		2,164,600		53,011,054		0.5	%
Other Securities				336,133,746		3.3	%
Total Information Technology				457,229,493		4.5	%
Materials — (3.1%)
# Weyerhaeuser Co.		1,440,429		89,781,940		0.9	%
Other Securities				250,480,280		2.5	%
Total Materials				340,262,220		3.4	%
Telecommunication Services — (5.9%)
AT&T, Inc.		8,217,218		327,866,998		3.2	%
Verizon Communications, Inc.		6,654,852		256,012,156		2.5	%
Other Securities				73,970,965		0.8	%
Total Telecommunication Services				657,850,119		6.5	%
TOTAL COMMON STOCKS				10,057,873,859		99.7	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $36,785,000 FHLMC 6.50%, 08/01/37, valued at $34,771,036) to be repurchased at $34,260,538	$	34,255		34,255,000		0.3	%
SECURITIES LENDING COLLATERAL — (9.1%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,208,778,964 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 04/01/12 to 05/01/48, valued at $924,550,951) to be repurchased at $897,798,066		897,622		897,622,282		8.9	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $214,255,654 FNMA, rates ranging from 5.000% to 8.000%, maturities ranging from 02/01/10 to 05/01/38, valued at $115,483,990) to be repurchased at $112,136,637		112,116		112,115,522		1.1	%
TOTAL SECURITIES LENDING COLLATERAL				1,009,737,804		10.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,790,024,787)			$	11,101,866,663		110.0	%

See accompanying Notes to Financial Statements.
156

THE U.S. SMALL CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (84.0%)
Consumer Discretionary — (15.4%)
# American Axle & Manufacturing Holdings, Inc.		1,968,362	$	36,591,850		0.5	%
American Greetings Corp. Class A		1,809,500		33,765,270		0.4	%
# ArvinMeritor, Inc.		3,097,062		46,363,018		0.6	%
*# Big Lots, Inc.		1,116,939		34,692,125		0.4	%
# Bob Evans Farms, Inc.		1,381,208		40,206,965		0.5	%
# Penske Automotive Group, Inc.		2,863,983		59,828,605		0.7	%
* Scholastic Corp.		1,773,991		55,171,120		0.7	%
Other Securities				1,183,287,836		14.3	%
Total Consumer Discretionary				1,489,906,789		18.1	%
Consumer Staples — (3.0%)
# Chiquita Brands International, Inc.		1,537,940		37,433,460		0.5	%
* Hain Celestial Group, Inc.		1,402,074		40,337,669		0.5	%
# Universal Corp.		830,759		41,213,954		0.5	%
Other Securities				173,412,385		2.1	%
Total Consumer Staples				292,397,468		3.6	%
Energy — (9.5%)
* Comstock Resources, Inc.		986,367		56,568,147		0.7	%
*# Encore Acquisition Co.		1,668,924		111,467,434		1.4	%
* Exterran Holdings, Inc.		2,039,425		149,938,526		1.8	%
* Mariner Energy, Inc.		1,182,092		38,654,408		0.5	%
* Stone Energy Corp.		912,596		61,673,238		0.8	%
* Swift Energy Corp.		1,253,094		72,228,338		0.9	%
* Whiting Petroleum Corp.		1,253,035		117,196,364		1.4	%
Other Securities				308,106,648		3.7	%
Total Energy				915,833,103		11.2	%
Financials — (17.9%)
Delphi Financial Group, Inc. Class A		1,353,394		39,099,553		0.5	%
First Niagara Financial Group, Inc.		3,288,463		46,597,521		0.6	%
Harleysville Group, Inc.		1,104,553		43,088,613		0.5	%
# NewAlliance Bancshares, Inc.		2,767,654		37,086,564		0.5	%
# Prosperity Bancshares, Inc.		1,095,070		34,976,536		0.4	%
Provident Financial Services, Inc.		2,524,606		39,712,052		0.5	%
Selective Insurance Group, Inc.		1,945,426		42,565,921		0.5	%
# Susquehanna Bancshares, Inc.		2,025,930		38,999,153		0.5	%
United Fire & Casualty Co.		1,086,348		39,206,299		0.5	%
Other Securities				1,371,214,591		16.6	%
Total Financials				1,732,546,803		21.1	%
Health Care — (4.0%)
# Alpharma, Inc. Class A		1,486,200		37,437,378		0.5	%
* Kindred Healthcare, Inc.		1,758,075		48,505,289		0.6	%
Other Securities				299,660,469		3.6	%
Total Health Care				385,603,136		4.7	%

157

THE U.S. SMALL CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (14.1%)
Applied Industrial Technologies, Inc.		1,506,750	$	41,450,693		0.5	%
# Arkansas Best Corp.		897,990		33,369,308		0.4	%
* EnerSys		1,393,240		43,483,020		0.5	%
* Esterline Technologies Corp.		1,050,323		65,046,503		0.8	%
IKON Office Solutions, Inc.		3,449,107		41,699,704		0.5	%
*# PHH Corp.		1,858,710		34,999,509		0.4	%
*# Quanta Services, Inc.		1,946,548		62,367,398		0.8	%
# Regal-Beloit Corp.		992,313		46,142,555		0.6	%
# Trinity Industries, Inc.		1,589,125		64,915,756		0.8	%
* United Rentals, Inc.		1,607,301		33,094,328		0.4	%
# Werner Enterprises, Inc.		3,053,601		57,835,203		0.7	%
Other Securities				835,799,640		10.2	%
Total Industrials				1,360,203,617		16.6	%
Information Technology — (13.8%)
* Benchmark Electronics, Inc.		2,360,988		41,954,757		0.5	%
* Coherent, Inc.		1,114,220		33,727,439		0.4	%
* Entegris, Inc.		5,110,889		39,302,736		0.5	%
Imation Corp.		1,429,505		37,395,851		0.5	%
*# L-1 Identity Solutions, Inc.		2,821,869		44,585,530		0.6	%
* MKS Instruments, Inc.		2,122,573		50,007,820		0.6	%
* MPS Group, Inc.		3,687,992		42,338,148		0.5	%
* Skyworks Solutions, Inc.		6,034,870		62,340,207		0.8	%
Other Securities				980,918,734		11.8	%
Total Information Technology				1,332,571,222		16.2	%
Materials — (5.5%)
# Minerals Technologies, Inc.		696,999		48,518,100		0.6	%
Rock-Tenn Co. Class A		1,100,802		39,287,623		0.5	%
Terra Industries, Inc.		1,657,842		72,331,646		0.9	%
Other Securities				369,097,723		4.4	%
Total Materials				529,235,092		6.4	%
Other — (0.0%)
Total Other				17,013		0.0	%
Telecommunication Services — (0.2%)
Total Telecommunication Services				23,281,152		0.3	%
Utilities — (0.6%)
Total Utilities				58,333,758		0.7	%
TOTAL COMMON STOCKS				8,119,929,153		98.9	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				2,522,401		0.0	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				93,296		0.0	%

158

THE U.S. SMALL CAP VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $105,235,000 FNMA 5.11%(r), 01/01/36 & FNMA 5.15%(r), 09/01/37 valued at $79,454,626) to be repurchased at $78,288,655	$	78,276	$	78,276,000		1.0	%
SECURITIES LENDING COLLATERAL — (15.2%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,899,048,413 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 07/01/13 to 05/01/47, valued at $1,345,862,210) to be repurchased at $1,306,918,227		1,306,662		1,306,662,339		15.9	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $251,288,849 FNMA, rates ranging from 4.209%(r) to 7.500%, maturities ranging from 09/01/18 to 03/01/38, valued at $170,489,855) to be repurchased at $165,553,724		165,523		165,522,551		2.0	%
TOTAL SECURITIES LENDING COLLATERAL				1,472,184,890		17.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $10,335,302,044)			$	9,673,005,740		117.8	%

See accompanying Notes to Financial Statements.
159

THE U.S. SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (79.1%)
Consumer Discretionary — (11.5%)
* Deckers Outdoor Corp.		37,600	$	5,140,672		0.2	%
*# Netflix, Inc.		204,982		6,223,254		0.2	%
Tupperware Corp.		138,600		5,308,380		0.2	%
* Warnaco Group, Inc.		140,517		6,771,514		0.2	%
* WMS Industries, Inc.		150,494		5,574,298		0.2	%
Other Securities				417,058,712		13.4	%
Total Consumer Discretionary				446,076,830		14.4	%
Consumer Staples — (3.4%)
*# Central European Distribution Corp.		99,339		7,088,831		0.2	%
Flowers Foods, Inc.		249,505		7,018,576		0.2	%
Other Securities				115,169,582		3.8	%
Total Consumer Staples				129,276,989		4.2	%
Energy — (6.1%)
Atlas America, Inc.		92,529		6,350,265		0.2	%
Berry Petroleum Corp. Class A		124,200		6,706,800		0.2	%
*# Carrizo Oil & Gas, Inc.		90,096		6,032,828		0.2	%
* Comstock Resources, Inc.		118,200		6,778,770		0.2	%
* Dril-Quip, Inc.		122,100		7,123,314		0.2	%
* Encore Acquisition Co.		111,540		7,449,757		0.3	%
* Mariner Energy, Inc.		199,000		6,507,300		0.2	%
Penn Virginia Corp.		114,100		7,190,582		0.2	%
* Swift Energy Corp.		83,700		4,824,468		0.2	%
* W-H Energy Services, Inc.		59,000		5,046,270		0.2	%
Other Securities				172,949,042		5.6	%
Total Energy				236,959,396		7.7	%
Financials — (10.1%)
* ProAssurance Corp.		95,850		4,910,395		0.2	%
UMB Financial Corp.		127,501		6,651,727		0.2	%
Other Securities				379,645,211		12.3	%
Total Financials				391,207,333		12.7	%
Health Care — (11.1%)
* Applera Corp. - Celera Group		428,611		5,520,510		0.2	%
*# Myriad Genetics, Inc.		141,645		6,858,451		0.2	%
Owens & Minor, Inc.		124,900		5,930,252		0.2	%
Steris Corp.		175,100		5,296,775		0.2	%
*# United Therapeutics Corp.		69,758		6,662,587		0.2	%
Other Securities				397,720,024		12.9	%
Total Health Care				427,988,599		13.9	%
Industrials — (14.6%)
Actuant Corp.		156,556		5,715,860		0.2	%
# Barnes Group, Inc.		154,669		4,940,128		0.2	%
# Belden, Inc.		136,500		5,717,985		0.2	%
Clarcor, Inc.		146,600		6,365,372		0.2	%
Curtiss-Wright Corp.		121,900		6,279,069		0.2	%
* EMCOR Group, Inc.		184,900		5,426,815		0.2	%
*# Energy Conversion Devices, Inc.		115,260		7,316,705		0.2	%
*# Graftech International, Ltd.		289,900		7,653,360		0.3	%
* Hexcel Corp.		258,613		6,842,900		0.2	%
Nordson Corp.		96,650		6,944,303		0.2	%

160

THE U.S. SMALL CAP SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Rollins, Inc.		306,575	$	4,877,608		0.2	%
* Teledyne Technologies, Inc.		100,500		5,595,840		0.2	%
# Valmont Industries, Inc.		51,250		5,885,550		0.2	%
Wabtec Corp.		133,700		6,226,409		0.2	%
Woodward Governor Co.		201,914		8,131,077		0.3	%
Other Securities				471,079,129		15.1	%
Total Industrials				564,998,110		18.3	%
Information Technology — (14.7%)
Adtran, Inc.		220,532		5,489,041		0.2	%
*# Atheros Communications		156,996		5,246,806		0.2	%
* CNET Networks, Inc.		553,785		6,340,838		0.2	%
*# Lawson Software, Inc.		562,760		4,907,267		0.2	%
*# Microsemi Corp.		202,902		5,559,515		0.2	%
*# PMC-Sierra, Inc.		623,954		5,309,849		0.2	%
* Quest Software, Inc.		311,330		5,295,723		0.2	%
* Skyworks Solutions, Inc.		489,193		5,053,364		0.2	%
* Take-Two Interactive Software, Inc.		219,901		5,952,720		0.2	%
Other Securities				520,995,704		16.7	%
Total Information Technology				570,150,827		18.5	%
Materials — (4.3%)
Compass Minerals International, Inc.		93,100		6,796,300		0.2	%
Silgan Holdings, Inc.		97,469		5,578,151		0.2	%
Other Securities				152,224,871		4.9	%
Total Materials				164,599,322		5.3	%
Other — (0.0%)
Total Other				1,340		0.0	%
Telecommunication Services — (0.8%)
Total Telecommunication Services				29,800,021		1.0	%
Utilities — (2.5%)
Total Utilities				96,888,155		3.1	%
TOTAL COMMON STOCKS				3,057,946,922		99.1	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				1,386,168		0.1	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				6,588		0.0	%

161

THE U.S. SMALL CAP SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.5%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $20,570,000 FNMA 6.50%, 08/01/37, valued at $18,860,072) to be repurchased at $18,582,004	$	18,579	$	18,579,000		0.6	%
SECURITIES LENDING COLLATERAL — (20.4%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $974,257,439 FNMA, rates ranging from 3.500 to 8.000%, maturities ranging from 09/01/17 to 05/01/38, valued at $722,907,624) to be repurchased at $701,989,508		701,852		701,852,062		22.7	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $116,776,750 FNMA, rates ranging from 5.500% to 7.000%, maturities ranging from 10/01/27 to 02/01/48, valued at $91,148,246) to be repurchased at $88,508,827		88,492		88,492,161		2.9	%
TOTAL SECURITIES LENDING COLLATERAL				790,344,223		25.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,869,161,947)			$	3,868,262,901		125.4	%

See accompanying Notes to Financial Statements.
162

THE U.S. MICRO CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†			Percentage of Net Assets**
COMMON STOCKS — (80.6%)
Consumer Discretionary — (11.2%)
*# Coinstar, Inc.		260,062	$	9,908,362			0.2	%
*# TiVo, Inc.		939,095		7,897,789			0.2	%
Other Securities				566,453,096			13.4	%
Total Consumer Discretionary				584,259,247			13.8	%
Consumer Staples — (3.3%)
# Chiquita Brands International, Inc.		414,500		10,088,930			0.3	%
* Darling International, Inc.		644,425		10,381,687			0.3	%
*# Green Mountain Coffee, Inc.		229,200		9,892,272			0.2	%
# Sanderson Farms, Inc.		197,109		9,841,652			0.2	%
Other Securities				133,713,139			3.1	%
Total Consumer Staples				173,917,680			4.1	%
Energy — (4.5%)
* Clayton Williams Energy, Inc.		111,180		10,480,939			0.3	%
*# Goodrich Petroleum Corp.		223,100		9,504,060			0.2	%
Lufkin Industries, Inc.		106,979		8,534,785			0.2	%
*# McMoran Exploration Co.		265,100		8,461,992			0.2	%
* NATCO Group, Inc. Class A		170,198		8,045,259			0.2	%
* PetroQuest Energy, Inc.		458,562		10,157,148			0.2	%
Other Securities				180,476,386			4.3	%
Total Energy				235,660,569			5.6	%
Financials — (12.2%)
# First Charter Corp.		330,970		10,187,257			0.3	%
NBT Bancorp, Inc.		335,433		8,224,817			0.2	%
* Stifel Financial Corp.		137,583		7,854,613			0.2	%
* World Acceptance Corp.		177,000		7,826,940			0.2	%
Other Securities				604,255,237			14.2	%
Total Financials				638,348,864			15.1	%
Health Care — (12.4%)
* Amsurg Corp.		297,081		8,104,370			0.2	%
Analogic Corp.		128,346		8,601,749			0.2	%
* eResearch Technology, Inc.		532,178		8,509,526			0.2	%
* Incyte Corp.		823,007		7,991,398			0.2	%
*# SurModics, Inc.		180,264		8,083,038			0.2	%
* TriZetto Group, Inc.		416,255		8,936,995	��		0.2	%
* Wright Medical Group, Inc.		307,377		9,126,023			0.2	%
Other Securities				587,113,725			13.9	%
Total Health Care				646,466,824			15.3	%
Industrials — (14.1%)
*# American Superconductor Corp.		343,974		12,135,403			0.3	%
Ameron International Corp.		84,595		9,700,509			0.2	%
*# Astec Industries, Inc.		198,740		7,732,973			0.2	%
# Badger Meter, Inc.		249,540		12,264,891			0.3	%
* EnPro Industries, Inc.		197,900		7,935,790			0.2	%
* II-VI, Inc.		217,882		8,521,365			0.2	%
* Layne Christensen Co.		159,000		8,129,670			0.2	%
Raven Industries, Inc.		349,469		13,192,455			0.3	%
* Superior Essex, Inc.		199,863		8,694,041			0.2	%

163

THE U.S. MICRO CAP SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Titan International, Inc.		260,689	$	10,305,036		0.3	%
Other Securities				633,893,534		14.9	%
Total Industrials				732,505,667		17.3	%
Information Technology — (16.9%)
* Ansoft Corp.		234,300		8,547,264		0.2	%
* Ariba, Inc.		645,220		9,575,065		0.2	%
*# Bankrate, Inc.		179,072		9,043,136		0.2	%
*# Cabot Microelectronics Corp.		234,301		8,692,567		0.2	%
Cognex Corp.		285,198		7,945,616		0.2	%
* Cybersource Corp.		466,945		9,063,402		0.2	%
* Littlefuse, Inc.		204,498		7,727,979		0.2	%
# Maximus, Inc.		212,800		7,824,656		0.2	%
* Power Integrations, Inc.		260,001		8,483,833		0.2	%
* Sykes Enterprises, Inc.		403,892		8,364,603		0.2	%
* Triquint Semiconductor, Inc.		1,347,578		8,974,869		0.2	%
* Ultimate Software Group, Inc.		243,491		9,211,265		0.2	%
Other Securities				776,936,165		18.4	%
Total Information Technology				880,390,420		20.8	%
Materials — (3.7%)
# AMCOL International Corp.		281,330		8,681,844		0.2	%
Arch Chemicals, Inc.		231,263		8,794,932		0.2	%
Royal Gold, Inc.		253,781		7,801,228		0.2	%
Other Securities				166,990,069		3.9	%
Total Materials				192,268,073		4.5	%
Other — (0.0%)
Total Other				8,938		0.0	%
Telecommunication Services — (0.9%)
* Premiere Global Services, Inc.		690,525		10,461,454		0.3	%
Other Securities				38,127,947		0.9	%
Total Telecommunication Services				48,589,401		1.2	%
Utilities — (1.4%)
Laclede Group, Inc.		211,400		8,456,000		0.2	%
Other Securities				65,426,759		1.5	%
Total Utilities				73,882,759		1.7	%
TOTAL COMMON STOCKS				4,206,298,247		99.4	%
PREFERRED STOCKS — (0.1%)
Health Care — (0.1%)
Total Health Care				4,440,296		0.1	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				74		0.0	%
TEMPORARY CASH INVESTMENTS — (0.2%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		11,417,350		11,417,350		0.3	%

164

THE U.S. MICRO CAP SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (19.1%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,165,055,969 FNMA, rates ranging from 4.500% to 8.000%, maturities ranging from 08/01/11 to 05/01/38, valued at $910,637,511) to be repurchased at $884,287,227	$	884,114	$	884,114,088		20.9	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $186,141,165 FNMA, rates ranging from 4.500% to 7.000%, maturities ranging from 12/01/18 to 05/01/38 , valued at $115,755,002) to be repurchased at $112,402,691		112,382		112,381,526		2.7	%
TOTAL SECURITIES LENDING COLLATERAL				996,495,614		23.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $5,350,658,201)			$	5,218,651,776		123.4	%

See accompanying Notes to Financial Statements.
165

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (5.0%)
COMMON STOCKS — (5.0%)
Australia & New Zealand Banking Group, Ltd.		3,303,028	$	68,549,078		0.8	%
Commonwealth Bank of Australia		2,106,388		85,313,967		1.0	%
National Australia Bank, Ltd.		3,179,770		95,305,976		1.1	%
Other Securities				236,639,152		2.6	%
TOTAL — AUSTRALIA				485,808,173		5.5	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				70,026,299		0.8	%
BELGIUM — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				60,354,605		0.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				313		0.0	%
TOTAL — BELGIUM				60,354,918		0.7	%
CANADA — (5.7%)
COMMON STOCKS — (5.7%)
Barrick Gold Corp.		1,398,132		56,327,721		0.6	%
# EnCana Corp.		1,030,498		92,834,014		1.1	%
# Petro-Canada		929,700		53,643,016		0.6	%
# Sun Life Financial, Inc.		1,300,100		60,516,933		0.7	%
Other Securities				295,828,949		3.4	%
TOTAL — CANADA				559,150,633		6.4	%
DENMARK — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				101,745,214		1.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,378,580		0.0	%
TOTAL — DENMARK				103,123,794		1.2	%
FINLAND — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				92,713,863		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.4%)
# AXA SA		2,905,543		102,763,174		1.2	%
# BNP Paribas SA		1,666,604		171,886,430		2.0	%
Compagnie de Saint-Gobain		598,264		48,285,938		0.6	%
# Vivendi SA		2,556,392		107,526,605		1.2	%
Other Securities				390,990,006		4.3	%
TOTAL COMMON STOCKS				821,452,153		9.3	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				7,511,957		0.1	%
TOTAL — FRANCE				828,964,110		9.4	%

166

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (10.9%)
COMMON STOCKS — (10.9%)
Allianz SE		464,749	$	87,919,955		1.0	%
# Allianz SE Sponsored ADR		2,772,640		52,486,075		0.6	%
Daimler AG		1,734,297		131,846,664		1.5	%
# Deutsche Bank AG		801,377		85,476,644		1.0	%
# Deutsche Telekom AG Sponsored ADR		2,860,650		47,887,281		0.5	%
E.ON AG		622,579		132,091,618		1.5	%
E.ON AG Sponsored ADR		1,091,708		77,144,891		0.9	%
Munchener Rueckversicherungs-Gesellschaft AG		400,549		75,043,050		0.9	%
# Volkswagen AG		368,652		101,441,661		1.2	%
Other Securities				274,591,637		3.0	%
TOTAL — GERMANY				1,065,929,476		12.1	%
GREECE — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				18,615,955		0.2	%
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
Cheung Kong Holdings, Ltd.		3,320,000		51,127,991		0.6	%
Hutchison Whampoa, Ltd.		5,108,000		55,252,145		0.6	%
Other Securities				156,333,468		1.8	%
TOTAL — HONG KONG				262,713,604		3.0	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				64,939,114		0.7	%
ITALY — (2.2%)
COMMON STOCKS — (2.2%)
# UniCredito Italiano SpA		10,390,107		72,685,576		0.8	%
Other Securities				142,805,507		1.7	%
TOTAL — ITALY				215,491,083		2.5	%
JAPAN — (11.0%)
COMMON STOCKS — (11.0%)
Hitachi, Ltd.		6,815,000		49,087,511		0.6	%
Matsushita Electric Industrial Co., Ltd.		1,961,135		44,537,378		0.5	%
Millea Holdings, Inc.		1,629,300		67,268,372		0.8	%
Other Securities				916,044,367		10.4	%
TOTAL — JAPAN				1,076,937,628		12.3	%
NETHERLANDS — (5.6%)
COMMON STOCKS — (5.6%)
Aegon NV		3,298,073		50,316,314		0.6	%
# ArcelorMittal		1,799,437		178,598,104		2.0	%
ING Groep NV		3,203,383		122,320,179		1.4	%
Koninklijke Philips Electronics NV		3,067,255		117,828,474		1.3	%
Other Securities				78,717,019		0.9	%
TOTAL — NETHERLANDS				547,780,090		6.2	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				15,180,104		0.2	%
NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				96,852,704		1.1	%

167

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares			Value††		Percentage of Net Assets**
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				$	12,645,343		0.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities					41,569		0.0	%
TOTAL — PORTUGAL			��		12,686,912		0.1	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
DBS Group Holdings, Ltd.		3,365,500			48,176,499		0.6	%
Other Securities					72,481,135		0.8	%
TOTAL — SINGAPORE					120,657,634		1.4	%
SPAIN — (4.7%)
COMMON STOCKS — (4.7%)
Banco Santander Central Hispano SA		7,329,732			152,898,519		1.7	%
# Banco Santander SA Sponsored ADR		3,044,700			63,634,230		0.7	%
Repsol YPF SA		1,537,866			63,589,565		0.7	%
# Repsol YPF SA Sponsored ADR		1,285,700			53,279,408		0.6	%
Other Securities					131,949,312		1.6	%
TOTAL — SPAIN					465,351,034		5.3	%
SWEDEN — (2.3%)
COMMON STOCKS — (2.3%)
Nordea Bank AB		4,374,518			71,164,594		0.8	%
Other Securities					151,922,950		1.7	%
TOTAL — SWEDEN					223,087,544		2.5	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
Compagnie Financiere Richemont AG Series A		1,125,900			70,175,714		0.8	%
Credit Suisse Group AG		1,826,488			93,023,052		1.1	%
Swiss Re		747,678			58,112,769		0.7	%
Zurich Financial SVCS AG		309,213			90,748,689		1.0	%
Other Securities					266,441,470		3.0	%
TOTAL COMMON STOCKS					578,501,694		6.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities					2,292,905		0.0	%
TOTAL — SWITZERLAND					580,794,599		6.6	%
UNITED KINGDOM — (17.5%)
COMMON STOCKS — (17.4%)
Anglo American P.L.C.		1,902,303			129,625,102		1.5	%
Aviva P.L.C.		6,768,276			84,583,541		1.0	%
# Barclays P.L.C. Sponsored ADR		2,263,390			67,743,263		0.8	%
HBOS P.L.C.		8,458,158			67,075,693		0.8	%
# HSBC Holdings P.L.C. Sponsored ADR		2,241,143			188,726,652		2.2	%
Royal Bank of Scotland Group P.L.C.		26,156,343			118,550,555		1.4	%
Royal Dutch Shell P.L.C. ADR		1,052,345			88,112,847		1.0	%
Vodafone Group P.L.C.		60,811,202			195,272,492		2.2	%
Vodafone Group P.L.C. Sponsored ADR		6,145,818			197,219,300		2.2	%
Xstrata P.L.C.		827,417			65,472,658		0.7	%
Other Securities					506,860,037		5.7	%
TOTAL COMMON STOCKS					1,709,242,140		19.5	%
RIGHTS/WARRANTS — (0.1%)
Other Securities					8,865,815		0.1	%
TOTAL — UNITED KINGDOM					1,718,107,955		19.6	%

168

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $11,465,000 FNMA 5.50%, 02/25/36, valued at $9,022,176) to be repurchased at $8,887,437	$	8,886	$	8,886,000		0.1	%
SECURITIES LENDING COLLATERAL — (11.2%)
@ Repurchase Agreement, Barclays Capital, Inc. 2.30%, 06/02/08 (Collateralized by $592,523,000 FHLMC 4.230%, 05/07/13 & 4.500%, 04/02/14 & FNMA 4.090%, 05/07/13, valued at $602,047,341) to be repurchased at $590,355,087		590,242		590,241,957		6.7	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $238,681,207 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 05/01/22 to 02/01/38 & FNMA, rates ranging from 5.010%(r) to 6.109%(r), maturities ranging from 08/01/12 to 11/01/36, valued at $168,249,256) to be repurchased at $164,982,554		164,950		164,950,251		1.9	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $369,731,679 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 01/01/34 to 05/01/38, valued at $354,604,951) to be repurchased at $347,715,754		347,648		347,648,252		4.0	%
TOTAL SECURITIES LENDING COLLATERAL				1,102,840,460		12.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $8,220,441,858)			$	9,796,993,686		111.6	%

See accompanying Notes to Financial Statements.
169

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
COMMON STOCKS — (75.8%)
Consumer Discretionary — (16.7%)
Kanto Auto Works, Ltd.		243,500	$	3,325,749		0.2	%
Kayaba Industry Co., Ltd.		745,000		3,450,781		0.2	%
# Matsuya Co., Ltd.		184,600		4,121,891		0.3	%
Nissan Shatai Co., Ltd.		524,300		3,777,679		0.3	%
# Parco Co., Ltd.		278,300		3,715,858		0.3	%
Sumitomo Forestry Co., Ltd.		452,966		3,704,495		0.3	%
# Tokyo Style Co., Ltd.		345,700		3,416,166		0.2	%
Other Securities				296,332,808		20.1	%
Total Consumer Discretionary				321,845,427		21.9	%
Consumer Staples — (7.1%)
Heiwado Co., Ltd.		204,100		3,423,609		0.2	%
# Itoham Foods, Inc.		711,800		3,600,175		0.2	%
Other Securities				129,358,770		8.9	%
Total Consumer Staples				136,382,554		9.3	%
Energy — (1.1%)
# Modec, Inc.		127,400		4,751,758		0.3	%
Other Securities				16,830,590		1.2	%
Total Energy				21,582,348		1.5	%
Financials — (7.9%)
Kiyo Holdings, Inc.		2,193,900		3,705,671		0.3	%
Okasan Holdings, Inc.		562,000		3,393,213		0.2	%
Shikoku Bank, Ltd.		762,000		3,492,345		0.2	%
# The Bank of Iwate, Ltd.		65,000		4,163,448		0.3	%
The Oita Bank, Ltd.		504,900		3,426,155		0.2	%
Toho Bank, Ltd.		780,200		3,472,491		0.2	%
Urban Corp.		632,800		3,479,949		0.2	%
Yamagata Bank, Ltd.		600,500		3,601,249		0.2	%
Other Securities				123,798,906		8.6	%
Total Financials				152,533,427		10.4	%
Health Care — (3.5%)
# Kissei Pharmaceutical Co., Ltd.		191,500		4,295,177		0.3	%
Miraca Holdings, Inc.		152,400		3,759,185		0.3	%
Mochida Pharmaceutical Co., Ltd.		419,900		4,582,347		0.3	%
Nipro Corp.		206,100		3,611,601		0.2	%
Rohto Pharmaceutical Co., Ltd.		389,600		4,664,477		0.3	%
Other Securities				46,431,638		3.2	%
Total Health Care				67,344,425		4.6	%
Industrials — (21.2%)
# Asahi Pretec Corp.		123,650		3,790,814		0.3	%
# Chudenko Corp.		214,900		3,726,045		0.3	%
Daiseki Co., Ltd.		151,263		4,563,165		0.3	%
# Fukuyama Transporting Co., Ltd.		936,400		3,472,298		0.2	%
# GS Yuasa Corp.		1,282,000		4,842,223		0.3	%
# Hanwa Co., Ltd.		745,000		4,735,490		0.3	%
Hitachi Transport System, Ltd.		349,600		4,352,616		0.3	%
Kyowa Exeo Corp.		354,000		3,489,558		0.2	%
# Meitec Corp.		135,600		4,012,362		0.3	%
# Miura Co., Ltd.		145,200		3,597,430		0.3	%
Nissha Printing Co., Ltd.		105,700		5,457,881		0.4	%

170

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
# Okumura Corp.		770,400	$	3,344,589		0.2	%
Toyo Engineering Corp.		645,400		3,768,317		0.3	%
# Tsubakimoto Chain Co.		594,700		4,008,731		0.3	%
Other Securities				349,581,569		23.6	%
Total Industrials				406,743,088		27.6	%
Information Technology — (9.2%)
# Capcom Co., Ltd.		114,200		3,793,570		0.3	%
Hitachi Software Engineering Co., Ltd.		190,300		4,677,741		0.3	%
# Hosiden Corp.		249,600		5,371,665		0.4	%
*# IT Holdings Corp.		300,901		5,879,872		0.4	%
# Koei Co., Ltd.		238,700		3,487,947		0.2	%
Other Securities				152,815,057		10.3	%
Total Information Technology				176,025,852		11.9	%
Materials — (8.6%)
# Daio Paper Corp.		435,500		3,602,592		0.3	%
Kureha Corp.		644,500		3,775,622		0.3	%
Nifco, Inc.		167,100		3,929,097		0.3	%
Nihon Parkerizing Co., Ltd.		235,000		3,641,363		0.3	%
Nippon Denko Co., Ltd.		382,000		4,601,520		0.3	%
# Sanyo Special Steel Co., Ltd.		568,300		3,804,362		0.3	%
Toagosei Co., Ltd.		921,000		3,513,650		0.2	%
Yodogawa Steel Works, Ltd.		641,500		3,517,091		0.2	%
Other Securities				135,048,641		9.0	%
Total Materials				165,433,938		11.2	%
Utilities — (0.5%)
Total Utilities				9,335,494		0.6	%
TOTAL COMMON STOCKS				1,457,226,553		99.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.0%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $810,000 FNMA 4.50%, 10/01/35, valued at $647,095) to be repurchased at $637,103	$	637		637,000		0.0	%
SECURITIES LENDING COLLATERAL — (24.2%)
@ Repurchase Agreement, Barclays Capital Inc. 2.30%, 06/02/08 (Collateralized by $301,170,000 FHLMC 6.000%, 09/12/17 & FNMA 4.090%, 05/07/13 & 5.300%, 11/27/17, valued at $306,000,140) to be repurchased at $300,057,500		300,000		300,000,000		20.4	%
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $64,543,084 FNMA 5.500%, 01/01/36 & 6.000%, 03/01/37, valued at $51,000,001) to be repurchased at $50,009,583		50,000		50,000,000		3.4	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $218,428,193 FNMA, rates ranging from 4.000% to 7.500%, maturities ranging from 06/01/18 to 05/01/38, valued at $117,289,883) to be repurchased at $115,012,600		114,990		114,990,081		7.8	%
TOTAL SECURITIES LENDING COLLATERAL				464,990,081		31.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,071,851,713)			$	1,922,853,634		130.6	%

See accompanying Notes to Financial Statements.
171

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (47.6%)
COMMON STOCKS — (47.5%)
# ABB Grain, Ltd.		773,931	$	7,833,003		0.7	%
Adelaide Brighton, Ltd.		1,665,138		5,816,982		0.5	%
Ansell, Ltd.		722,409		7,602,184		0.7	%
# APA Group		1,802,626		4,965,887		0.5	%
* Aquila Resources, Ltd.		675,796		10,515,139		1.0	%
#* Arrow Energy NL		2,791,043		9,043,466		0.8	%
#* Austar United Communications, Ltd.		4,263,702		5,510,441		0.5	%
# Australian Infrastructure Fund		2,125,826		5,248,426		0.5	%
* Australian Worldwide Exploration, Ltd.		2,316,376		9,510,043		0.9	%
# AWB, Ltd.		1,653,727		4,921,441		0.5	%
# Bank of Queensland, Ltd.		646,449		9,850,425		0.9	%
Beach Petroleum, Ltd.		4,858,687		7,773,939		0.7	%
# Bendigo Bank, Ltd.		1,002,163		13,540,297		1.2	%
Campbell Brothers, Ltd.		233,818		6,786,460		0.6	%
# Centennial Coal Co., Ltd.		1,503,586		7,331,312		0.7	%
# ConnectEast Group		6,563,560		7,723,928		0.7	%
# David Jones, Ltd.		2,494,873		8,740,484		0.8	%
Downer EDI, Ltd.		1,575,768		10,861,742		1.0	%
# DUET Group		2,740,293		8,517,222		0.8	%
# Dyno Nobel, Ltd.		4,254,624		12,895,860		1.2	%
#* Energy World Corp., Ltd.		4,711,617		5,681,995		0.5	%
Felix Resources, Ltd.		776,216		17,158,663		1.6	%
# Flight Centre, Ltd.		275,063		5,001,276		0.5	%
Futuris Corp., Ltd.		3,075,420		5,261,051		0.5	%
# Gunns, Ltd.		2,048,449		5,921,242		0.5	%
# Iluka Resources, Ltd.		1,969,862		6,942,631		0.6	%
# MacArthur Coal, Ltd.		750,573		14,115,994		1.3	%
* Midwest Corp., Ltd.		926,668		6,258,326		0.6	%
# Monadelphous Group, Ltd.		375,483		4,733,576		0.4	%
* Mount Gibson Iron, Ltd.		3,182,221		9,961,662		0.9	%
#* Murchison Metals, Ltd.		1,501,421		5,952,910		0.6	%
New Hope Corp., Ltd.		3,679,696		18,064,637		1.7	%
Nufarm, Ltd.		424,178		6,837,773		0.6	%
Pacific Brands, Ltd.		2,599,981		5,276,857		0.5	%
#* PanAust, Ltd.		7,257,513		7,391,171		0.7	%
Paperlinx, Ltd.		2,219,854		4,800,725		0.4	%
* Portman, Ltd.		622,748		10,422,386		1.0	%
Primary Health Care, Ltd.		794,538		4,635,982		0.4	%
# Ramsay Health Care, Ltd.		505,098		5,304,475		0.5	%
# Reece Australia, Ltd.		244,737		5,332,042		0.5	%
* Riversdale Mining, Ltd.		789,786		8,165,757		0.8	%
#* Sino Gold Mining, Ltd.		886,582		4,795,235		0.4	%
Straits Resources, Ltd.		897,132		6,694,269		0.6	%
# United Group, Ltd.		468,000		5,928,905		0.6	%
#* Western Areas NL		694,336		6,684,792		0.6	%
Other Securities				352,738,388		32.1	%
TOTAL COMMON STOCKS				705,051,401		64.6	%
PREFERRED STOCKS — (0.1%)
Other Securities				735,251		0.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				198,130		0.0	%
TOTAL — AUSTRALIA				705,984,782		64.7	%

172

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
CHINA — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities			$	720,793		0.1	%
HONG KONG — (12.8%)
COMMON STOCKS — (12.8%)
# Techtronic Industries Co., Ltd.		4,788,500		4,577,613		0.4	%
Other Securities				184,817,263		17.0	%
TOTAL COMMON STOCKS				189,394,876		17.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				363,047		0.0	%
TOTAL — HONG KONG				189,757,923		17.4	%
MALAYSIA — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				3,981		0.0	%
NEW ZEALAND — (3.4%)
COMMON STOCKS — (3.4%)
# Fisher & Paykel Healthcare Corp.		2,557,184		4,808,003		0.4	%
Sky City Entertainment Group, Ltd.		1,915,616		5,626,864		0.5	%
Other Securities				39,863,372		3.7	%
TOTAL — NEW ZEALAND				50,298,239		4.6	%
SINGAPORE — (9.2%)
COMMON STOCKS — (9.2%)
# Keppel Telecommunications and Transportation, Ltd.		1,982,800		8,004,516		0.7	%
Singapore Post, Ltd.		6,425,900		5,141,521		0.5	%
Other Securities				123,305,764		11.3	%
TOTAL COMMON STOCKS				136,451,801		12.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				425,094		0.0	%
TOTAL — SINGAPORE				136,876,895		12.5	%
UNITED KINGDOM — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				4,617		0.0	%
UNITED STATES — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				132,873		0.0	%

173

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $2,705,000 FNMA 5.50%, 02/25/36, valued at $2,128,651) to be repurchased at $2,094,339	$	2,094	$	2,094,000		0.2	%
SECURITIES LENDING COLLATERAL — (26.8%)
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $51,261,249 FNMA 5.500%, 01/01/36, valued at $39,469,712) to be repurchased at $38,703,213		38,696		38,695,796		3.5	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $272,799,535 FNMA, rates ranging from 4.000% to 8.500%, maturities ranging from 07/01/16 to 05/01/38, valued at $213,411,599) to be repurchased at $209,268,031		209,227		209,227,057		19.2	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $158,050,000 FNMA 5.000%, 05/01/38, valued at $153,004,128) to be repurchased at $150,029,125		150,000		150,000,000		13.8	%
TOTAL SECURITIES LENDING COLLATERAL				397,922,853		36.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,225,921,984)			$	1,483,796,956		136.0	%

See accompanying Notes to Financial Statements.
174

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
COMMON STOCKS — (95.4%)
Consumer Discretionary — (16.6%)
Game Group P.L.C.		1,483,227	$	8,309,721		0.8	%
Kesa Electricals P.L.C.		1,663,724		6,699,350		0.6	%
Signet Group P.L.C.		6,105,620		7,502,714		0.7	%
Taylor Nelson Sofres P.L.C.		1,742,993		8,932,866		0.8	%
United Business Media P.L.C.		687,427		8,397,137		0.8	%
Other Securities				146,163,568		13.5	%
Total Consumer Discretionary				186,005,356		17.2	%
Consumer Staples — (3.7%)
Total Consumer Staples				41,018,552		3.8	%
Energy — (8.1%)
* Dana Petroleum P.L.C.		335,727		12,182,931		1.1	%
Expro International Group P.L.C.		430,747		13,823,301		1.3	%
Hunting P.L.C.		477,489		8,281,007		0.8	%
* Premier Oil P.L.C.		329,638		11,250,936		1.1	%
*# Soco International P.L.C.		289,649		11,042,062		1.0	%
* UK Coal P.L.C.		590,118		6,584,587		0.6	%
Venture Production P.L.C.		455,259		7,908,708		0.7	%
Other Securities				19,419,685		1.8	%
Total Energy				90,493,217		8.4	%
Financials — (14.5%)
Aberdeen Asset Management P.L.C.		2,541,237		6,993,112		0.6	%
Amlin P.L.C.		1,577,391		9,071,300		0.8	%
Catlin Group, Ltd.		919,555		7,185,826		0.7	%
# Henderson Group P.L.C.		3,020,595		7,654,606		0.7	%
Hiscox, Ltd.		1,579,968		7,438,006		0.7	%
IG Group Holdings P.L.C.		1,189,807		9,012,448		0.8	%
Intermediate Capital Group P.L.C.		289,022		9,140,591		0.8	%
Other Securities				106,227,504		10.0	%
Total Financials				162,723,393		15.1	%
Health Care — (2.8%)
SSL International P.L.C.		766,671		7,326,827		0.7	%
Other Securities				23,991,943		2.2	%
Total Health Care				31,318,770		2.9	%
Industrials — (34.0%)
Aggreko P.L.C.		811,373		9,726,105		0.9	%
Arriva P.L.C.		631,439		8,011,488		0.7	%
Atkins WS P.L.C.		437,924		8,947,011		0.8	%
Babcock International Group P.L.C.		877,825		10,858,106		1.0	%
Carillion P.L.C.		1,537,838		10,513,567		1.0	%
Charter P.L.C.		626,781		11,268,512		1.0	%
Cookson Group P.L.C.		804,036		11,637,589		1.1	%
Davis Service Group P.L.C.		689,742		6,709,180		0.6	%
De La Rue P.L.C.		621,139		11,702,907		1.1	%
Enodis P.L.C.		1,614,673		9,732,821		0.9	%
Forth Ports P.L.C.		184,302		7,609,993		0.7	%
Homeserve P.L.C.		234,574		8,489,444		0.8	%
IMI P.L.C.		925,815		9,425,851		0.9	%
Intertek Group P.L.C.		605,784		12,282,503		1.1	%
Michael Page International P.L.C.		1,271,159		7,207,234		0.7	%

175

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
National Express Group P.L.C.		407,264	$	7,377,683		0.7	%
* Qinetiq P.L.C.		1,727,314		7,091,717		0.7	%
Regus Group P.L.C.		3,802,559		7,749,855		0.7	%
SIG P.L.C.		479,728		7,012,381		0.7	%
Spirax-Sarco Engineering P.L.C.		313,271		7,106,281		0.7	%
The Weir Group P.L.C.		839,729		15,011,840		1.4	%
Travis Perkins P.L.C.		422,110		6,989,749		0.7	%
Ultra Electronics Holdings P.L.C.		274,839		6,657,129		0.6	%
VT Group P.L.C.		696,523		9,026,550		0.8	%
Other Securities				161,561,478		14.9	%
Total Industrials				379,706,974		35.2	%
Information Technology — (11.0%)
ARM Holdings P.L.C.		4,257,440		8,744,076		0.8	%
Aveva Group P.L.C.		283,341		8,368,154		0.8	%
Laird P.L.C.		717,459		7,053,719		0.7	%
Rotork P.L.C.		362,996		8,169,419		0.8	%
Spectris P.L.C.		499,879		7,669,330		0.7	%
Other Securities				82,588,774		7.5	%
Total Information Technology				122,593,472		11.3	%
Materials — (3.2%)
Croda International P.L.C.		498,679		6,520,459		0.6	%
Other Securities				29,211,735		2.7	%
Total Materials				35,732,194		3.3	%
Telecommunication Services — (0.9%)
Total Telecommunication Services				9,887,767		0.9	%
Utilities — (0.6%)
Total Utilities				6,378,048		0.6	%
TOTAL COMMON STOCKS				1,065,857,743		98.7	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				252,734		0.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $2,810,000 FHLMC 5.875%, 05/15/16, valued at $1,715,587) to be repurchased at $1,689,273	$	1,689		1,689,000		0.2	%
SECURITIES LENDING COLLATERAL — (4.5%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $62,567,829 FHLMC, rates ranging from 5.000% to 7.000%, maturities ranging from 12/01/21 to 01/01/38, valued at $50,857,918) to be repurchased at $49,870,468		49,861		49,860,704		4.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $939,185,651)			$	1,117,660,181		103.5	%

See accompanying Notes to Financial Statements.
176

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRIA — (2.2%)
COMMON STOCKS — (2.2%)
Andritz AG		107,548	$	7,271,603		0.3	%
Other Securities				56,203,497		2.5	%
TOTAL — AUSTRIA				63,475,100		2.8	%
BELGIUM — (3.1%)
COMMON STOCKS — (3.1%)
Ackermans & Van Haaren		84,298		9,233,050		0.4	%
# Bekaert SA		58,440		9,390,711		0.4	%
Other Securities				71,306,302		3.2	%
TOTAL COMMON STOCKS				89,930,063		4.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				9,574		0.0	%
TOTAL — BELGIUM				89,939,637		4.0	%
DENMARK — (2.2%)
COMMON STOCKS — (2.2%)
Other Securities				65,963,495		2.9	%
FINLAND — (5.2%)
COMMON STOCKS — (5.2%)
Elisa Oyj		310,427		6,921,474		0.3	%
KCI Konecranes Oyj		251,100		11,519,353		0.5	%
# Nokian Renkaat Oyj		377,280		19,488,258		0.9	%
YIT Oyj		290,790		8,551,564		0.4	%
Other Securities				105,666,447		4.7	%
TOTAL — FINLAND				152,147,096		6.8	%
FRANCE — (10.5%)
COMMON STOCKS — (10.5%)
# Arkema		205,315		13,114,887		0.6	%
# Bourbon SA		151,879		10,480,472		0.5	%
Establissements Maurel et Prom		304,876		7,625,535		0.3	%
Nexans SA		95,135		12,975,038		0.6	%
# SCOR SE		276,843		6,988,834		0.3	%
# Teleperformance SA		162,718		6,895,239		0.3	%
* UbiSoft Entertainment SA		100,941		9,785,713		0.4	%
Valeo SA		220,648		8,800,490		0.4	%
Other Securities				231,333,647		10.3	%
TOTAL COMMON STOCKS				307,999,855		13.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				16,197		0.0	%
TOTAL — FRANCE				308,016,052		13.7	%
GERMANY — (11.9%)
COMMON STOCKS — (11.9%)
# Bilfinger Berger AG		134,277		12,346,657		0.6	%
# Lanxess AG		225,235		10,155,259		0.5	%
MTU Aero Engines Holding AG		168,097		7,254,614		0.3	%
MVV Energie AG		140,767		6,819,425		0.3	%
# Norddeutsche Affinerie AG		155,196		7,425,376		0.3	%

177

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
*# QIAGEN NV		521,102	$	10,434,990		0.5	%
*# REpower Systems AG		21,093		6,851,351		0.3	%
# Rheinmetall AG		110,565		8,756,152		0.4	%
# Rhoen-Klinikum AG		293,208		9,042,433		0.4	%
* SGL Carbon AG		224,335		16,588,313		0.7	%
# Stada Arzneimittel AG		178,386		11,759,669		0.5	%
Wincor Nixdorf AG		115,500		9,164,668		0.4	%
Other Securities				232,136,465		10.4	%
TOTAL — GERMANY				348,735,372		15.6	%
GREECE — (3.6%)
COMMON STOCKS — (3.6%)
Bank of Greece		60,332		8,645,809		0.4	%
Other Securities				95,607,711		4.3	%
TOTAL — GREECE				104,253,520		4.7	%
IRELAND — (2.7%)
COMMON STOCKS — (2.7%)
DCC P.L.C.		318,216		7,405,168		0.3	%
* Dragon Oil P.L.C.		1,481,861		15,289,406		0.7	%
IAWS Group P.L.C.		361,987		8,822,282		0.4	%
Other Securities				49,214,813		2.2	%
TOTAL — IRELAND				80,731,669		3.6	%
ITALY — (6.6%)
COMMON STOCKS — (6.6%)
* Impregilo SpA		1,215,577		7,492,033		0.3	%
# Societe Cattolica di Assicurazoni Scrl SpA		156,803		7,731,261		0.4	%
Other Securities				177,955,486		7.9	%
TOTAL COMMON STOCKS				193,178,780		8.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				96,117		0.0	%
TOTAL — ITALY				193,274,897		8.6	%
NETHERLANDS — (6.0%)
COMMON STOCKS — (6.0%)
# Aalberts Industries NV		365,614		8,025,840		0.4	%
Boskalis Westminster CVA		137,027		8,315,306		0.4	%
Imtech NV		256,265		7,191,040		0.3	%
Koninklijke Bam Groep NV		428,118		10,001,024		0.5	%
Nutreco Holding NV		143,491		10,423,358		0.5	%
Sligro Food Group NV		154,740		6,803,662		0.3	%
*# Tele Atlas NV		351,470		16,400,618		0.7	%
Other Securities				107,421,730		4.7	%
TOTAL — NETHERLANDS				174,582,578		7.8	%
NORWAY — (2.9%)
COMMON STOCKS — (2.9%)
Other Securities				86,466,467		3.9	%
PORTUGAL — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				31,179,510		1.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				33,198		0.0	%
TOTAL — PORTUGAL				31,212,708		1.4	%

178

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SPAIN — (4.5%)
COMMON STOCKS — (4.5%)
# SOS Cuetara SA		356,909	$	7,858,274		0.4	%
Other Securities				124,553,482		5.5	%
TOTAL COMMON STOCKS				132,411,756		5.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				55,758		0.0	%
TOTAL — SPAIN				132,467,514		5.9	%
SWEDEN — (3.9%)
COMMON STOCKS — (3.9%)
Other Securities				113,006,236		5.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				258		0.0	%
TOTAL — SWEDEN				113,006,494		5.0	%
SWITZERLAND — (9.4%)
COMMON STOCKS — (9.4%)
Bank Sarasin & Cie Series B		177,800		8,755,911		0.4	%
Bucher Industries AG		33,489		8,774,660		0.4	%
Clariant AG		779,419		8,703,852		0.4	%
Kuoni Reisen Holding AG		13,594		7,266,704		0.3	%
Lonza Group AG		81,418		11,283,760		0.5	%
PSP Swiss Property AG		145,325		8,968,780		0.4	%
Romande Energie Holding SA		2,839		6,917,172		0.3	%
Sulzer AG		66,285		8,921,887		0.4	%
Valiant Holding AG		59,231		11,052,838		0.5	%
Other Securities				193,698,351		8.6	%
TOTAL COMMON STOCKS				274,343,915		12.2	%
PREFERRED STOCKS — (0.0%)
Other Securities				1,796,635		0.1	%
TOTAL — SWITZERLAND				276,140,550		12.3	%

179

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.5%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $14,335,000 FHLMC 6.50%, 09/01/37, valued at $13,666,563) to be repurchased at $13,466,177	$	13,464	$	13,464,000		0.6	%
SECURITIES LENDING COLLATERAL — (23.7%)
@ Repurchase Agreement, Barclays Capital, Inc. 2.30%, 06/02/08 (Collateralized by $278,630,000 FNMA 5.300%, 11/27/17, valued at $283,280,799) to be repurchased at $277,778,671		277,725		277,725,440		12.4	%
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $94,063,628 FNMA 5.500%, 01/01/36 & 5.500%, 07/01/37, valued at $78,065,454) to be repurchased at $76,549,427		76,535		76,534,758		3.4	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $31,937,513 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 04/01/18 to 06/01/38, valued at $12,066,790) to be repurchased at $11,832,503		11,830		11,830,186		0.5	%
@ Repurchase Agreement, Merrill Lynch 2.36%, 06/02/08 (Collateralized by $753,874,644 FNMA, rates ranging from 4.722%(y) to 6.596%(y), maturities ranging from 04/01/33 to 01/01/41, valued at $336,601,663) to be repurchased at $330,064,900		330,000		330,000,000		14.7	%
TOTAL SECURITIES LENDING COLLATERAL				696,090,384		31.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,239,763,097)			$	2,929,967,533		130.6	%

See accompanying Notes to Financial Statements.
180

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
COMMON STOCKS — (84.2%)
Consumer Discretionary — (7.4%)
Astral Media, Inc. Class A		141,347	$	4,914,995		1.1	%
# Corus Entertainment, Inc. Class B		207,300		4,068,388		0.9	%
* RONA, Inc.		335,285		4,160,692		0.9	%
Other Securities				25,850,454		5.8	%
Total Consumer Discretionary				38,994,529		8.7	%
Consumer Staples — (2.8%)
# Rothmans, Inc.		165,500		4,269,087		1.0	%
* Saskatchewan Wheat Pool, Inc.		289,900		3,968,035		0.9	%
Other Securities				6,583,762		1.4	%
Total Consumer Staples				14,820,884		3.3	%
Energy — (20.5%)
*# Birchcliff Energy, Ltd.		237,100		2,927,956		0.7	%
* Compton Petroleum Corp.		248,900		2,843,212		0.6	%
*# Denison Mines Corp.		427,831		3,552,341		0.8	%
* Duvernay Oil Corp.		92,800		5,276,039		1.2	%
Ensign Energy Services, Inc.		216,000		4,823,913		1.1	%
* Galleon Energy, Inc. Class A		166,637		2,929,900		0.7	%
* Iteration Energy, Ltd.		413,600		3,163,607		0.7	%
* Nuvista Energy, Ltd.		189,021		3,538,437		0.8	%
Savanna Energy Services Corp.		152,213		3,279,871		0.7	%
ShawCor, Ltd.		145,700		5,083,956		1.1	%
Trican Well Service, Ltd.		233,271		5,026,502		1.1	%
* Uranium One, Inc.		699,700		3,506,950		0.8	%
* UTS Energy Corp.		636,800		3,589,050		0.8	%
Other Securities				58,734,664		13.0	%
Total Energy				108,276,398		24.1	%
Financials — (4.8%)
AGF Management, Ltd. Class B		245,696		5,625,588		1.3	%
# Canadian Western Bank		150,800		3,955,161		0.9	%
Home Capital Group, Inc.		78,100		3,065,519		0.7	%
# Laurentian Bank of Canada		67,800		2,900,743		0.6	%
Other Securities				9,966,137		2.2	%
Total Financials				25,513,148		5.7	%
Health Care — (4.4%)
# Biovail Corp.		302,520		3,519,657		0.8	%
* MDS, Inc.		391,708		7,360,294		1.7	%
Other Securities				12,167,350		2.6	%
Total Health Care				23,047,301		5.1	%
Industrials — (9.0%)
Methanex Corp.		166,100		4,694,130		1.1	%
Ritchie Brothers Auctioneers, Inc.		118,200		3,259,541		0.7	%
# Russel Metals, Inc.		161,700		4,945,716		1.1	%
* Silver Standard Resources, Inc.		155,992		4,648,675		1.0	%
* Stantec, Inc.		115,500		3,371,075		0.8	%
# Toromont Industries, Ltd.		164,200		5,050,274		1.1	%
Transcontinental, Inc. Class A		187,328		3,403,050		0.8	%
Other Securities				17,978,775		4.0	%
Total Industrials				47,351,236		10.6	%

181

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Information Technology — (6.0%)
* Celestica, Inc.		572,107	$	5,055,454		1.1	%
* MacDonald Dettweiler & Associates, Ltd.		81,900		3,501,522		0.8	%
*# Open Text Corp.		129,400		4,623,289		1.0	%
Quebecor, Inc. Class B		106,193		3,357,007		0.8	%
Other Securities				15,189,570		3.4	%
Total Information Technology				31,726,842		7.1	%
Materials — (28.2%)
* Eastern Platinum, Ltd.		1,756,190		4,931,331		1.1	%
* Eldorado Gold Corp.		779,895		6,318,594		1.4	%
* Equinox Minerals, Ltd.		672,690		3,114,306		0.7	%
* FNX Mining Co., Inc.		212,706		4,998,677		1.1	%
Harry Winston Diamond Corp.		155,000		4,615,992		1.0	%
* HudBay Minerals, Inc.		341,600		6,016,506		1.3	%
IAMGOLD Corp.		839,800		4,978,283		1.1	%
* Major Drilling Group International, Inc.		59,500		3,293,579		0.7	%
Nova Chemicals Corp.		219,600		5,949,710		1.3	%
* Pan Amer Silver Corp.		98,200		3,254,555		0.7	%
* Quadra Mining, Ltd.		145,950		3,349,094		0.8	%
Silvercorp Metals, Inc.		376,500		2,864,674		0.6	%
*# Thompson Creek Metals Company, Inc.		239,300		5,238,300		1.2	%
*# Timminco, Ltd.		200,700		6,160,779		1.4	%
West Fraser Timber Co., Ltd.		96,916		3,449,023		0.8	%
Other Securities				80,676,210		18.1	%
Total Materials				149,209,613		33.3	%
Telecommunication Services — (0.0%)
Total Telecommunication Services				90,580		0.0	%
Utilities — (1.1%)
Total Utilities				6,082,495		1.4	%
TOTAL COMMON STOCKS				445,113,026		99.3	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				241,099		0.1	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.0%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $6,540,000 FHLMC 6.275%(r), 09/01/36, valued at $5,087,690) to be repurchased at $5,010,810	$	5,010	$	5,010,000		1.1	%
SECURITIES LENDING COLLATERAL — (14.8%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $116,882,321 FHLMC, rates ranging from 5.000% to 7.000%, maturities ranging from 11/01/35 to 03/01/38; FNMA, rates ranging from 4.115%(r) to 5.856%(r), maturities ranging from 12/14/08 to 03/01/38, valued at $79,664,842) to be repurchased at $78,118,081		78,103		78,102,786		17.4	%
TOTAL INVESTMENTS — (100.0%) (Cost $528,818,723)			$	528,466,911		117.9	%

See accompanying Notes to Financial Statements.
182

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
ARGENTINA — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities			$	13,061,779		0.4	%
BRAZIL — (11.6%)
COMMON STOCKS — (2.9%)
Companhia Siderurgica Nacional SA		502,476		24,498,215		0.7	%
Petroleo Brasilerio SA ADR (71654V101)		363,200		21,951,808		0.7	%
Petroleo Brasilerio SA ADR (71654V408)		265,800		18,738,900		0.6	%
Other Securities				39,228,835		1.1	%
TOTAL COMMON STOCKS				104,417,758		3.1	%
PREFERRED STOCKS — (8.7%)
Banci Itau Holding Financeira SA		1,205,700		37,064,248		1.1	%
Banco Bradesco SA		1,763,841		42,531,721		1.3	%
# Companhia de Bebidas das Americas Preferred ADR		382,700		26,280,009		0.8	%
Companhia Vale do Rio Doce Series A		2,323,591		77,457,795		2.3	%
Gerdau SA		378,134		19,035,728		0.6	%
Usinas Siderurgicas de Minas Gerais SA Series A		337,962		18,181,171		0.6	%
Other Securities				97,445,889		2.9	%
TOTAL PREFERRED STOCKS				317,996,561		9.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				7,022		0.0	%
TOTAL — BRAZIL				422,421,341		12.7	%
CHILE — (3.2%)
COMMON STOCKS — (3.2%)
Banco Santander Chile SA ADR		295,998		15,391,896		0.5	%
Empresa Nacional de Electricidad SA Sponsored ADR		514,018		26,189,217		0.8	%
# Sociedad Quimica y Minera de Chile SA Sponsored ADR		613,000		20,866,520		0.6	%
Other Securities				54,785,133		1.6	%
TOTAL COMMON STOCKS				117,232,766		3.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				110,949		0.0	%
TOTAL — CHILE				117,343,715		3.5	%
CHINA — (8.0%)
COMMON STOCKS — (8.0%)
China Construction Bank Corp.		20,375,000		18,191,369		0.6	%
*# China Life Insurance Co., Ltd. ADR		337,222		20,351,348		0.6	%
China Mobile, Ltd. Sponsored ADR		564,277		41,638,000		1.3	%
# CNOOC, Ltd. ADR		128,476		22,777,510		0.7	%
* Industrial and Commercial Bank of China (Asia), Ltd.		30,590,000		22,912,249		0.7	%
# PetroChina Co., Ltd. ADR		154,573		22,034,381		0.7	%
Other Securities				143,646,198		4.2	%
TOTAL — CHINA				291,551,055		8.8	%

183

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
CZECH REPUBLIC — (1.4%)
COMMON STOCKS — (1.4%)
CEZ A.S.		381,144	$	31,488,292		0.9	%
Other Securities				19,251,667		0.6	%
TOTAL — CZECH REPUBLIC				50,739,959		1.5	%
HUNGARY — (1.4%)
COMMON STOCKS — (1.4%)
*# MOL Hungarian Oil & Gas NYRT		168,429		25,355,807		0.8	%
*# OTP Bank NYRT		320,801		14,465,920		0.4	%
Other Securities				10,069,031		0.3	%
TOTAL — HUNGARY				49,890,758		1.5	%
INDIA — (10.5%)
COMMON STOCKS — (10.5%)
Hindustan Unilever, Ltd.		2,562,524		14,295,246		0.4	%
ICICI Bank Sponsored ADR		629,447		23,749,035		0.7	%
Infosys Technologies, Ltd.		657,429		30,453,727		0.9	%
ITC, Ltd.		3,314,510		17,001,526		0.5	%
Larsen & Toubro, Ltd.		216,588		15,175,761		0.5	%
Reliance Communications, Ltd.		1,071,955		14,533,262		0.4	%
Reliance Industries, Ltd.		1,030,847		58,269,610		1.8	%
Other Securities				207,871,507		6.3	%
TOTAL COMMON STOCKS				381,349,674		11.5	%
PREFERRED STOCKS — (0.0%)
Other Securities				1,722,934		0.0	%
TOTAL — INDIA				383,072,608		11.5	%
INDONESIA — (1.8%)
COMMON STOCKS — (1.8%)
Other Securities				64,731,913		1.9	%
ISRAEL — (3.9%)
COMMON STOCKS — (3.9%)
Israel Chemicals, Ltd.		1,271,740		29,352,327		0.9	%
Teva Pharmaceutical Industries, Ltd. Sponsored ADR		1,322,025		60,456,203		1.8	%
Other Securities				54,242,849		1.6	%
TOTAL — ISRAEL				144,051,379		4.3	%
MALAYSIA — (4.2%)
COMMON STOCKS — (4.2%)
Other Securities				154,774,590		4.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				239,574		0.0	%
TOTAL — MALAYSIA				155,014,164		4.7	%
MEXICO — (8.5%)
COMMON STOCKS — (8.5%)
America Movil S.A.B. de C.V. Series L		20,736,559		61,809,602		1.9	%
America Movil S.A.B. de C.V. Series L ADR		376,240		22,487,865		0.7	%
# Cemex S.A.B. de C.V. Sponsored ADR		771,224		21,933,611		0.7	%
Grupo Mexico S.A.B. de C.V. Series B		1,992,574		14,925,431		0.5	%
# Telefonos de Mexico S.A.B. de C.V.		10,416,800		21,540,792		0.7	%

184

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
# Wal-Mart de Mexico S.A.B. de C.V. Series V		5,958,558	$	26,340,829		0.8	%
Other Securities				140,217,220		4.0	%
TOTAL — MEXICO				309,255,350		9.3	%
PHILIPPINES — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				22,300,173		0.7	%
POLAND — (1.6%)
COMMON STOCKS — (1.6%)
Bank Pekao SA		163,030		14,171,204		0.4	%
Other Securities				43,241,201		1.3	%
TOTAL — POLAND				57,412,405		1.7	%
SOUTH AFRICA — (10.5%)
COMMON STOCKS — (10.5%)
Anglo American Platinum Corp., Ltd.		143,540		25,009,513		0.8	%
ArcelorMittal South Africa, Ltd.		459,163		15,060,405		0.5	%
Impala Platinum Holdings, Ltd.		749,481		32,003,769		1.0	%
MTN Group, Ltd.		2,592,990		51,844,934		1.6	%
Sasol, Ltd. Sponsored ADR		1,029,100		64,730,390		1.9	%
Standard Bank Group, Ltd.		1,797,036		19,622,305		0.6	%
Other Securities				174,376,844		5.1	%
TOTAL — SOUTH AFRICA				382,648,160		11.5	%
SOUTH KOREA — (10.3%)
COMMON STOCKS — (10.3%)
# Hyundai Heavy Industries Co., Ltd.		49,890		18,187,519		0.6	%
POSCO		46,060		25,174,520		0.8	%
Samsung Electronics Co., Ltd.		97,139		69,922,372		2.1	%
Other Securities				261,991,991		7.8	%
TOTAL COMMON STOCKS				375,276,402		11.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				8,453		0.0	%
TOTAL — SOUTH KOREA				375,284,855		11.3	%
TAIWAN — (9.8%)
COMMON STOCKS — (9.8%)
Cathay Financial Holdings Co., Ltd.		8,465,487		21,656,606		0.7	%
Hon Hai Precision Industry Co., Ltd.		5,183,007		29,336,784		0.9	%
Nan Ya Plastic Corp.		6,878,218		15,952,730		0.5	%
Taiwan Semiconductor Manufacturing Co., Ltd.		22,163,693		48,469,267		1.5	%
Other Securities				243,508,896		7.2	%
TOTAL — TAIWAN				358,924,283		10.8	%
THAILAND — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				52,668,442		1.6	%
TURKEY — (1.6%)
COMMON STOCKS — (1.6%)
Other Securities				56,876,864		1.7	%

185

THE EMERGING MARKETS SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $14,160,000 FHLMC 6.584%(r), 03/01/37, valued at $11,443,190) to be repurchased at $11,273,822	$	11,272	$	11,272,000		0.3	%
SECURITIES LENDING COLLATERAL — (9.0%)
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $111,122,484 FHLMC 6.000%, 10/01/37 & FNMA 6.000%, 03/01/37, valued at $102,000,000) to be repurchased at $100,019,167		100,000		100,000,000		3.0	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $252,584,345 FHLMC, rates ranging from 4.831%(r) to 6.500%, maturities ranging from 11/01/16 to 04/01/38 & FNMA, rates ranging from 4.907%(r) to 5.661%(r), maturities ranging from 01/01/36 to 03/01/48, valued at $230,559,371) to be repurchased at $226,082,865		226,039		226,038,599		6.8	%
TOTAL SECURITIES LENDING COLLATERAL				326,038,599		9.8	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,076,501,517)			$	3,644,559,802		109.5	%

See accompanying Notes to Financial Statements.
186

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
ARGENTINA — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities			$	3,554,296		0.3	%
BRAZIL — (10.8%)
COMMON STOCKS — (2.0%)
* Magnesita Refratarios SA		441,453		6,391,782		0.5	%
Perdigao SA		370,174		11,948,438		0.9	%
# Perdigao SA ADR		71,200		4,677,840		0.4	%
Other Securities				5,902,201		0.4	%
TOTAL COMMON STOCKS				28,920,261		2.2	%
PREFERRED STOCKS — (8.8%)
# Braskem SA Preferred A Sponsored ADR		301,000		4,897,270		0.4	%
Companhia Paranaense de Energia-Copel Series B		478,800		8,766,470		0.7	%
Duratex SA		370,000		8,416,846		0.6	%
Eletropaulo Metropolita SA Preferred A		278,400		5,437,915		0.4	%
Klabin SA		2,872,600		11,356,175		0.9	%
* Net Servicos de Comunicacao SA		400,902		5,782,454		0.4	%
Sadia SA		1,138,000		9,627,347		0.7	%
# Sadia SA ADR		300,000		7,647,000		0.6	%
Suzano Papel e Celullose SA		617,034		11,380,891		0.9	%
Suzano Petroquimica SA		531,705		3,625,336		0.3	%
Ultrapar Participacoes SA		285,340		11,403,074		0.9	%
# Votorantim Celulose e Papel SA Sponsored ADR		155,700		5,240,862		0.4	%
Other Securities				38,344,010		2.8	%
TOTAL PREFERRED STOCKS				131,925,650		10.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				16,717		0.0	%
TOTAL — BRAZIL				160,862,628		12.2	%
CHILE — (1.3%)
COMMON STOCKS — (1.3%)
Other Securities				19,538,543		1.5	%
CHINA — (9.0%)
COMMON STOCKS — (9.0%)
# Chaoda Modern Agriculture		6,897,631		9,721,743		0.8	%
# China Yurun Food Group, Ltd.		2,622,000		4,153,019		0.3	%
*# CITIC Resources Holdings, Ltd.		7,444,000		4,234,995		0.3	%
CNPC (Hong Kong), Ltd.		9,930,000		5,220,826		0.4	%
# Hopson Development Holdings, Ltd.		2,026,000		4,329,502		0.3	%
# Li Ning Co., Ltd.		2,389,000		6,729,706		0.5	%
Shenzhen Investment, Ltd.		8,796,000		3,636,558		0.3	%
Shougang Concord International Enterprises Co., Ltd.		11,314,100		4,042,507		0.3	%
TPV Technology, Ltd.		5,356,000		3,299,104		0.3	%
# Xinao Gas Holdings, Ltd.		2,178,000		3,520,821		0.3	%
Other Securities				85,963,143		6.5	%
TOTAL COMMON STOCKS				134,851,924		10.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				7,695		0.0	%
TOTAL — CHINA				134,859,619		10.3	%

187

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
HUNGARY — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities			$	6,901,734		0.5	%
INDIA — (9.9%)
COMMON STOCKS — (9.9%)
* REI Agro, Ltd.		107,592		4,142,952		0.3	%
Other Securities				143,296,241		11.0	%
TOTAL COMMON STOCKS				147,439,193		11.3	%
PREFERRED STOCKS — (0.0%)
Other Securities				85,079		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				6,871		0.0	%
TOTAL — INDIA				147,531,143		11.3	%
INDONESIA — (3.0%)
COMMON STOCKS — (3.0%)
* PT Timah Tbk		1,394,500		5,084,349		0.4	%
Other Securities				39,346,857		3.0	%
TOTAL COMMON STOCKS				44,431,206		3.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				118,432		0.0	%
TOTAL — INDONESIA				44,549,638		3.4	%
ISRAEL — (2.5%)
COMMON STOCKS — (2.5%)
Other Securities				37,557,971		2.9	%
MALAYSIA — (6.3%)
COMMON STOCKS — (6.3%)
Other Securities				94,196,658		7.2	%
PREFERRED STOCKS — (0.0%)
Other Securities				25,124		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				227,671		0.0	%
TOTAL — MALAYSIA				94,449,453		7.2	%
MEXICO — (5.6%)
COMMON STOCKS — (5.6%)
Consorcio ARA S.A.B. de C.V.		4,374,400		4,895,910		0.4	%
# Controladora Comercial Mexicana S.A.B. de C.V. Series B		2,191,700		6,815,281		0.5	%
*# Corporacion GEO S.A.B. de C.V. Series B		2,382,300		9,317,095		0.7	%
Embotelladora Arca S.A.B. de C.V., Mexico		1,909,100		7,270,331		0.6	%
*# Empresas ICA S.A.B. de C.V.		1,463,608		9,828,584		0.8	%
*# Gruma S.A.B. de C.V. Series B		1,253,432		3,766,479		0.3	%
Grupo Aeroportuario del Pacifico S.A. de C.V. ADR		107,300		3,796,274		0.3	%
Grupo Aeroportuario del Sureste S.A.B. de C.V.		707,000		3,615,259		0.3	%
Grupo Cementos de Chihuahua S.A.B. de C.V.		829,200		4,441,009		0.3	%
*# Industrias CH S.A.B. de C.V. Series B		1,560,148		8,012,621		0.6	%
# TV Azteca S.A. de C.V. Series A		6,581,300		4,464,190		0.3	%
Other Securities				17,516,200		1.3	%
TOTAL COMMON STOCKS				83,739,233		6.4	%

188

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
RIGHTS/WARRANTS — (0.0%)
Other Securities			$	21,016		0.0	%
TOTAL — MEXICO				83,760,249		6.4	%
PHILIPPINES — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				15,562,832		1.2	%
POLAND — (3.5%)
COMMON STOCKS — (3.5%)
Asseco Poland SA		219,423		6,367,962		0.5	%
* Echo Investment SA		1,181,980		3,515,315		0.3	%
Orbis SA		161,652		4,018,902		0.3	%
Other Securities				38,891,127		2.9	%
TOTAL — POLAND				52,793,306		4.0	%
SOUTH AFRICA — (7.5%)
COMMON STOCKS — (7.5%)
Aeci, Ltd.		489,937		4,381,075		0.3	%
Dimension Data Holdings P.L.C.		3,458,471		3,585,551		0.3	%
Grindrod, Ltd.		1,331,239		4,632,918		0.4	%
* Highveld Steel & Vanadilum Corp., Ltd.		216,434		5,082,961		0.4	%
Illovo Sugar, Ltd.		1,027,149		4,171,034		0.3	%
* Metorex, Ltd.		1,453,388		4,582,016		0.4	%
Metropolitan Holdings, Ltd.		2,416,923		3,920,600		0.3	%
Reunert, Ltd.		470,345		3,429,523		0.3	%
The Spar Group, Ltd.		655,748		4,475,854		0.3	%
Other Securities				72,995,219		5.5	%
TOTAL — SOUTH AFRICA				111,256,751		8.5	%
SOUTH KOREA — (9.6%)
COMMON STOCKS — (9.6%)
Other Securities				143,426,796		10.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				95,139		0.0	%
TOTAL — SOUTH KOREA				143,521,935		10.9	%
TAIWAN — (11.2%)
COMMON STOCKS — (11.2%)
Other Securities				167,287,665		12.7	%
THAILAND — (2.7%)
COMMON STOCKS — (2.7%)
Other Securities				40,091,913		3.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				89,453		0.0	%
TOTAL — THAILAND				40,181,366		3.1	%
TURKEY — (2.6%)
COMMON STOCKS — (2.6%)
Other Securities				38,902,798		3.0	%

189

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $6,920,000 FNMA 5.50%, 02/25/36, valued at $5,445,570) to be repurchased at $5,364,867	$	5,364	$	5,364,000		0.4	%
SECURITIES LENDING COLLATERAL — (12.3%)
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $109,581,465 FHLMC 6.000%, 10/01/37 & GNMA 6.000%, 12/20/36, valued at $102,000,000) to be repurchased at $100,019,167		100,000		100,000,000		7.6	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $106,376,935 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 03/01/36 to 04/01/38 & FNMA, rates ranging from 3.868% to 5.931%(r), maturities ranging from12/01/35 to 05/01/36, valued at $85,841,055) to be repurchased at $84,174,377		84,158		84,157,896		6.4	%
TOTAL SECURITIES LENDING COLLATERAL				184,157,896		14.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,178,816,954)			$	1,492,593,823		113.8	%

See accompanying Notes to Financial Statements.
190

THE DFA ONE-YEAR FIXED INCOME SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (16.0%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	83,000	$	82,395,594
Federal Home Loan Bank 2.750%, 03/12/10		20,980		20,844,071
4.375%, 03/17/10		55,000		56,211,540
2.375%, 04/30/10		112,000		110,394,032
4.875%, 05/14/10		58,200		60,071,188
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		136,000		135,291,712
Federal National Mortgage Association 2.375%, 05/20/10		100,000		98,561,100
TOTAL AGENCY OBLIGATIONS				563,769,237
BONDS — (17.5%)
American Express Centurion Floating Rate Note (r) 5.561%, 06/12/09		91,700		90,992,810
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		89,000		88,955,055
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		85,400		84,406,798
Deutsche Bank Financial Floating Rate Note (r) 5.370%, 07/30/09		63,000		62,975,430
General Electric Capital Corp. Floating Rate Note (r) 5.360%, 10/24/08		9,500		9,489,103
(r) 5.390%, 01/05/09		10,385		10,382,580
Hewlett-Packard Co. Floating Rate Note (r) 5.370%, 06/15/09		38,000		37,879,768
IBM International Group Floating Rate Note (r) 3.584%, 07/29/09		44,200		44,306,080
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		92,000		91,758,500
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		93,000		92,007,039
Western Corp. Credit Union Floating Rate Note (r) 5.340%, 09/25/08		5,000		4,990,380
TOTAL BONDS				618,143,543

	Face Amount		Value†
	(000)
CERTIFICATES OF DEPOSIT INTEREST BEARING — (7.5%)
Barclays Bank 2.680%, 07/01/08	$	86,000	$	86,000,000
2.800%, 07/31/08		15,000		15,000,000
Royal Bank of Canada 2.490%, 06/18/08		10,000		10,000,000
2.540%, 08/12/08		60,000		60,000,000
2.520%, 08/14/08		32,500		32,500,000
Svenska Handelsbanken 2.650%, 07/07/08		63,000		63,000,000
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				266,500,000
COMMERCIAL PAPER — (58.6%)
Abbey National North America 2.520%, 08/18/08		104,000		103,401,418
Allianz Finance Corp. 2.420%, 06/02/08		86,600		86,583,546
2.500%, 07/08/08		17,000		16,955,837
Archer-Daniels-Midland Co. 2.700%, 06/20/08		30,000		29,958,525
2.200%, 07/22/08		22,000		21,918,640
2.270%, 08/06/08		22,580		22,470,302
AstraZeneca P.L.C. 2.670%, 11/12/08		100,000		98,696,440
Bank of America Corp. 2.560%, 08/04/08		100,000		99,529,930
2.560%, 08/05/08		3,000		2,985,662
Bank of Nova Scotia 2.780%, 06/23/08		36,000		35,944,009
2.520%, 08/13/08		68,000		67,635,914
BASF AG 2.350%, 06/02/08		24,350		24,345,373
2.300%, 06/25/08		13,000		12,978,133
BNP Paribas Finance, Inc. 2.810%, 06/18/08		98,000		97,880,009
Caisse Centrale Desjardins Du Quebec 2.500%, 08/01/08		3,400		3,384,994
2.560%, 08/25/08		30,000		29,810,196
CBA (DE) Finance, Inc. 2.680%, 06/03/08		32,438		32,429,783
2.660%, 06/26/08		57,000		56,900,524
2.670%, 07/11/08		12,000		11,966,064
Ciesco L.P. 2.680%, 06/02/08		98,000		97,978,028
2.650%, 06/04/08		5,000		4,998,132
CRC Funding LLC 2.630%, 06/02/08		54,000		53,987,893
2.640%, 06/03/08		35,200		35,189,479
Danske Corp. 2.580%, 07/07/08		39,000		38,901,654
2.570%, 08/14/08		64,000		63,652,224

191

THE DFA ONE-YEAR FIXED INCOME SERIES

CONTINUED

	Face Amount		Value†
	(000)
Dexia Delaware LLC 2.510%, 06/16/08	$	98,000	$	97,893,562
2.600%, 08/08/08		5,000		4,975,209
Eksportfinans 2.290%, 07/07/08		32,300		32,218,549
2.320%, 07/09/08		35,000		34,906,396
2.400%, 07/09/08		34,000		33,909,070
Lloyds TSB Bank P.L.C. 2.540%, 08/11/08		104,000		103,459,699
New Center Asset Trust 2.850%, 06/05/08		24,000		23,989,241
2.800%, 06/11/08		79,500		79,428,712
Nordea North America, Inc. 2.510%, 08/14/08		98,000		97,461,265
Rabobank USA Financial Corp. 2.850%, 07/21/08		98,000		97,649,229
Royal Bank of Scotland P.L.C. 2.820%, 06/16/08		12,400		12,386,532
Societe Generale North America 2.700%, 08/05/08		62,000		61,707,143
2.640%, 08/12/08		15,500		15,418,244
2.670%, 08/14/08		26,000		25,858,716
Svenska Handelsbanken 2.550%, 08/11/08		38,000		37,802,582
UBS Finance Delaware, Inc. 2.600%, 07/10/08		55,000		54,848,728
Westpac Banking Corp. 2.420%, 06/19/08 86,000 85,888,682 2.600%, 08/08/08		17,000		16,915,709
TOTAL COMMERCIAL PAPER				2,067,199,977
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $21,140,000 FNMA 5.58%, 03/25/37, valued at $14,313,669) to be repurchased at $14,102,280		14,100		14,100,000
TOTAL INVESTMENTS — (100.0%) (Cost $3,535,122,853)			$	3,529,712,757

See accompanying Notes to Financial Statements.
192

THE DFA TWO-YEAR GLOBAL FIXED INCOME SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount^		Value†
	(000)
AUSTRALIA — (1.6%)
BONDS — (1.6%)
Toyota Finance Australia 5.050%, 07/28/08		22,588	$	21,486,861
Western Australia Treasury Corp. 4.280%, 06/12/08		12,435		11,874,840
4.050%, 06/19/08		22,900		21,851,394
TOTAL — AUSTRALIA				55,213,095
AUSTRIA — (2.4%)
BONDS — (2.4%)
Bundesimmobiliengesellschaft mbH (f) 3.500%, 08/22/08		29,200		28,057,719
PFandBriefstelle der Oesterriechischen Landes-Hypothekenbanken
(f) 3.000%, 01/19/09		54,575		52,382,784
TOTAL — AUSTRIA				80,440,503
CANADA — (1.9%)
BONDS — (1.9%)
Export Development Canada (j) 0.880%, 09/22/08		6,750,000		64,057,321
FRANCE — (0.9%)
BONDS — (0.9%)
Caisse D'Amortissement de la Dette Sociale
(t) 5.350%, 07/17/08		11,290		10,754,679
Ixis Corp. & Invest Bank 7.500%, 08/05/08		8,000		12,493,780
Reseau Ferre de France (f) 3.250%, 09/12/08		6,000		5,765,440
TOTAL — FRANCE				29,013,899
GERMANY — (12.1%)
BONDS — (12.1%)
Bayerische Landesbank 4.000%, 07/23/08		27,000		41,951,610
DSL Bank AG (j) 1.750%, 10/07/09		5,760,000		55,137,056
Kreditanstalt fuer Wiederaufbau (j) 2.050%, 09/21/09		1,000,000		9,605,597
Landesbank Baden-Wurttemberg (f) 3.000%, 12/22/08		5,000		4,796,973
Landesbank Hessen-Thuringen Girozentrale
(f) 4.375%, 08/15/08		20,055		19,303,714
Landwirtschaftliche Rentenbank (j) 0.650%, 09/30/08		9,715,000		92,102,384
L-Bank Landeskreditbank Baden-Wuerttemberg Foerderbank
3.000%, 07/04/08		52,000		80,778,220

	Face Amount^		Value†
	(000)
Norddeutsche Landesbank Girozentrale AG
(j) 0.450%, 01/19/09		10,718,000	$	101,384,634
TOTAL — GERMANY				405,060,188
NETHERLANDS — (5.8%)
BONDS — (5.8%)
Bank Nederlandse Gemeenten (t) 5.100%, 08/05/08		11,300		10,743,694
(j) 0.800%, 09/22/08		9,300,000		88,214,761
(f) 2.000%, 12/30/08		4,000		3,819,867
Rabobank Nederland (j) 0.200%, 06/20/08		8,100,000		76,813,233
(f) 3.500%, 12/29/08		15,500		14,915,766
TOTAL — NETHERLANDS				194,507,321
SPAIN — (1.9%)
BONDS — (1.9%)
Instituto de Credito Oficial 3.000%, 06/16/08		6,500		10,106,257
(j) 0.800%, 09/28/09		5,638,000		53,309,531
TOTAL — SPAIN				63,415,788
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (2.4%)
BONDS — (2.4%)
Inter-American Development Bank (j) 1.900%, 07/08/09		7,400,000		70,871,180
Nordic Investment Bank (t) 4.320%, 06/02/08		9,200		8,793,394
TOTAL — SUPRANATIONAL ORGANIZATION OBLIGATIONS				79,664,574
SWEDEN — (0.3%)
BONDS — (0.3%)
Kommuninvest (t) 5.000%, 11/25/08		9,900		9,329,982
UNITED KINGDOM — (1.7%)
BONDS — (1.7%)
Bank of Scotland P.L.C. (j) 0.800%, 10/02/08		5,922,000		56,142,380
UNITED STATES — (68.4%)
AGENCY OBLIGATIONS — (5.2%)
Federal Home Loan Bank 4.875%, 05/14/10		48,200		49,749,678
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		23,000		22,878,100
Federal National Mortgage Association 4.125%, 05/15/10		20,000		20,384,380
2.375%, 05/20/10		80,000		78,848,880
TOTAL AGENCY OBLIGATIONS				171,861,038

193

THE DFA TWO-YEAR GLOBAL FIXED INCOME SERIES

CONTINUED

	Face Amount^		Value†
	(000)
BONDS — (25.7%)
American Express Centurion Floating Rate Note
(r) 5.561%, 06/12/09		84,000	$	83,352,192
Bank of New York Mellon Corp. Floating Rate Note
(r) 3.495%, 02/05/10		97,400		97,350,813
Citigroup, Inc. (j) 0.800%, 10/30/08		2,263,000		21,439,252
Deutche Bank AG Floating Rate Note (r) 3.565%, 02/16/10		90,000		90,029,430
General Electric Capital Corp.
(j) 0.550%, 10/14/08		3,688,000		34,893,581
(j) 0.750%, 02/05/09		4,497,000		42,544,853
(f) 2.250%, 02/09/09		21,000		20,036,267
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		67,500		66,691,822
IBM International Group Floating Rate Note
(r) 3.584%, 07/29/09		25,200		25,260,480
JPMorgan Chase & Co. Floating Rate Note
(r) 5.255%, 11/19/09		90,000		89,763,750
Toyota Motor Credit Corp.
(j) 0.750%, 06/09/08		8,456,000		80,214,088
(t) 4.940%, 09/22/08		25,000		23,660,513
Wachovia Corp. Floating Rate Note
(r) 5.500%, 02/23/09		45,000		44,728,470
(r) 5.465%, 11/24/09		50,000		49,466,150
Wells Fargo Bank & Co. Floating Rate Note
(r) 5.380%, 09/23/09		90,000		89,483,310
TOTAL BONDS				858,914,971
CERTIFICATES OF DEPOSIT INTEREST BEARING — (4.6%)
Barclays Bank 2.680%, 07/01/08		25,000		25,000,000
2.800%, 07/31/08		35,000		35,000,000
Royal Bank of Canada 2.490%, 06/18/08		95,000		95,000,000
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				155,000,000
COMMERCIAL PAPER — (32.9%)
Abbey National North America 2.520%, 08/12/08		36,000		35,810,114
ABN-AMRO North American Finance, Inc.
2.550%, 08/21/08		20,000		19,880,018
Allianz Finance Corp. 2.500%, 08/18/08		23,000		22,867,621
Bank of Nova Scotia 2.780%, 06/23/08		9,000		8,986,002
2.670%, 07/24/08		75,000		74,714,685
2.520%, 08/13/08		15,000		14,919,687
BNP Paribas Finance, Inc. 2.600%, 08/14/08		76,000		75,587,016

	Face Amount^		Value†
	(000)
Caisse Centrale Desjardins Du Quebec 2.600%, 07/07/08		19,000	$	18,952,088
CBA (DE) Finance, Inc. 2.450%, 06/12/08		22,925		22,906,126
Ciesco L.P. 2.500%, 06/09/08		80,000		79,940,224
Danske Corp. 2.920%, 07/18/08		58,000		57,805,323
Dexia Delaware LLC 2.510%, 06/16/08		10,000		9,989,139
2.570%, 06/18/08		85,000		84,895,926
New Center Asset Trust 2.650%, 06/02/08		20,000		19,995,516
2.800%, 06/11/08		75,000		74,932,747
Royal Bank of Scotland P.L.C. 2.820%, 07/21/08		95,000		94,659,967
Societe Generale North America 2.700%, 08/05/08		77,000		76,636,291
2.670%, 08/14/08		20,000		19,891,320
Svenska Handelsbanken 2.730%, 06/02/08		83,000		82,984,230
2.550%, 08/11/08		14,000		13,927,267
UBS Finance Delaware, Inc. 2.600%, 07/10/08		95,000		94,738,712
Westpac Banking Corp. 2.650%, 06/09/08		95,000		94,939,837
TOTAL COMMERCIAL PAPER				1,099,959,856
TOTAL — UNITED STATES				2,285,735,865
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $21,190,000 FHLMC 6.50%, 09/01/37, valued at $19,148,195) to be repurchased at $18,866,050	$	18,863		18,863,000
TOTAL INVESTMENTS — (100.0%) (Cost $3,216,016,433)			$	3,341,443,916

See accompanying Notes to Financial Statements.
194

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

	The U.S. Large Company Series		The Enhanced U.S. Large Company Series			The U.S. Large Cap Value Series		The U.S. Small Cap Value Series
ASSETS:
Investments at Value (including $339,733, $0, $968,283, and $1,384,071 of securities on loan, respectively)	$	4,591,920	$	285,848		$	10,057,874	$	8,122,545
Temporary Cash Investments at Value		106,082		1,978			34,255		78,276
Collateral Received from Securities on Loan at Value		351,868		—			1,009,738		1,472,185
Foreign Currencies at Value		—		11			—		—
Cash		4,691		—			1		—
Receivables:
Investment Securities Sold		—		55			417		19,801
Dividends and Interest		8,819		1,419			14,611		7,559
Securities Lending Income		104		—			511		1,402
Fund Shares Sold		9,041		—			4,664		778
Fund Margin Variation		164		555			—		—
Unrealized Gain on Swap Contracts		—		668			—		—
Unrealized Gain on Forward Currency Contracts		—		1,338			—		—
Prepaid Expenses and Other Assets		24		5			30		26
Total Assets		5,072,713		291,877			11,122,101		9,702,572
LIABILITIES:
Payables:
Upon Return of Securities Loaned		351,868		—			1,009,738		1,472,185
Investment Securities Purchased		—		—			17,840		16,181
Fund Shares Redeemed		229		2,558			302		—
Due to Advisor		96		12			837		1,344
Unrealized Loss on Forward Currency Contracts		—		18			—		—
Accrued Expenses and Other Liabilities		246		19			435		409
Total Liabilities		352,439		2,607			1,029,152		1,490,119
NET ASSETS	$	4,720,274	$	289,270		$	10,092,949	$	8,212,453
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		N/A		32,517,320			463,872,100		456,186,793
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE		N/A	$	8.90		$	21.76	$	18.00
Investments at Cost	$	3,422,315	$	274,858		$	8,746,032	$	8,784,841
Temporary Cash Investments at Cost	$	106,082	$	1,978		$	34,255	$	78,276
Collateral Received from Securities on Loan at Cost	$	351,868	$	—		$	1,009,738	$	1,472,185
Foreign Currencies at Cost		—	$	11			—		—
NET ASSETS CONSIST OF:
Paid-In Capital		N/A	$	294,884		$	8,517,981	$	8,440,772
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A		5,163			42,721		16,832
Accumulated Net Realized Gain (Loss)		N/A		(41,477	)		220,405		417,145
Net Unrealized Foreign Exchange Gain (Loss)		N/A		1,343			—		—
Net Unrealized Appreciation (Depreciation)		N/A		29,357			1,311,842		(662,296	)
NET ASSETS		N/A	$	289,270		$	10,092,949	$	8,212,453
(1) NUMBER OF SHARES AUTHORIZED		N/A		Unlimited			Unlimited		Unlimited

See accompanying Notes to Financial Statements.
195

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

	The U.S. Small Cap Series			The U.S. Micro Cap Series			The DFA International Value Series			The Japanese Small Company Series
ASSETS:
Investments at Value (including $748,602, $927,258, $1,038,244 and $432,160 of securities on loan, respectively)	$	3,059,340		$	4,210,739		$	8,685,267		$	1,457,227
Temporary Cash Investments at Value		18,579			11,417			8,886			637
Collateral Received from Securities on Loan at Value		790,344			996,496			1,102,840			464,990
Foreign Currencies at Value		—			—			83,149			598
Cash		—			—			15			16
Receivables:
Investment Securities Sold		5,651			5,636			19,005			—
Dividends, Interest, and Tax Reclaims		2,096			2,778			42,675			13,098
Securities Lending Income		1,128			1,818			5,872			762
Fund Shares Sold		3,480			1			6,484			80
Prepaid Expenses and Other Assets		11			33			32			4
Total Assets		3,880,629			5,228,918			9,954,225			1,937,412
LIABILITIES:
Payables:
Upon Return of Securities Loaned		790,344			996,495			1,102,840			464,990
Investment Securities Purchased		4,609			1,257			66,079			77
Fund Shares Redeemed		—			4			896			—
Due to Advisor		75			344			1,483			121
Accrued Expenses and Other Liabilities		156			246			467			89
Total Liabilities		795,184			998,346			1,171,765			465,277
NET ASSETS	$	3,085,445		$	4,230,572		$	8,782,460		$	1,472,135
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		212,039,355			457,049,864			412,509,956			N/A
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	14.55		$	9.26		$	21.29			N/A
Investments at Cost	$	3,060,239		$	4,342,746		$	7,108,715		$	1,606,225
Temporary Cash Investments at Cost	$	18,579		$	11,417		$	8,886		$	637
Collateral Received from Securities on Loan at Cost	$	790,344		$	996,496		$	1,102,840		$	464,990
Foreign Currencies at Cost		—			—		$	82,235		$	605
NET ASSETS CONSIST OF:
Paid-In Capital	$	3,035,717		$	4,152,589		$	6,697,333			N/A
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		9,324			15,360			198,040			N/A
Accumulated Net Realized Gain (Loss)		41,303			194,630			309,805			N/A
Net Unrealized Foreign Exchange Gain (Loss)		—			—			(184	)		N/A
Net Unrealized Appreciation (Depreciation)		(899	)		(132,007	)		1,577,466			N/A
NET ASSETS	$	3,085,445		$	4,230,572		$	8,782,460			N/A
(1) NUMBER OF SHARES AUTHORIZED		Unlimited			Unlimited			Unlimited			N/A

See accompanying Notes to Financial Statements.
196

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	The Asia Pacific Small Company Series		The United Kingdom Small Company Series		The Continental Small Company Series		The Canadian Small Company Series
ASSETS:
Investments at Value (including $341,016, $46,432, $651,152 and $73,452 of securities on loan, respectively)	$	1,083,780	$	1,066,110	$	2,220,413	$	445,354
Temporary Cash Investments at Value		2,094		1,689		13,464		5,010
Collateral Received from Securities on Loan at Value		397,923		49,861		696,090		78,103
Foreign Currencies at Value		3,888		6,296		11,317		645
Cash		15		16		15		16
Receivables:
Investment Securities Sold		143		264		928		834
Dividends, Interest, and Tax Reclaims		2,224		7,508		6,712		370
Securities Lending Income		487		36		1,325		102
Fund Shares Sold		—		53		143		—
Prepaid Expenses and Other Assets		4		3		7		2
Total Assets		1,490,558		1,131,836		2,950,414		530,436
LIABILITIES:
Payables:
Upon Return of Securities Loaned		397,923		49,861		696,090		78,103
Investment Securities Purchased		1,807		2,179		10,648		4,018
Fund Shares Redeemed		38		—		—		—
Due to Advisor		89		91		187		35
Accrued Expenses and Other Liabilities		68		62		145		33
Total Liabilities		399,925		52,193		707,070		82,189
NET ASSETS	$	1,090,633	$	1,079,643	$	2,243,344	$	448,247
Investments at Cost	$	825,905	$	887,636	$	1,530,209	$	445,706
Temporary Cash Investments at Cost	$	2,094	$	1,689	$	13,464	$	5,010
Collateral Received from Securities on Loan at Cost	$	397,923	$	49,861	$	696,090	$	78,103
Foreign Currencies at Cost	$	3,801	$	6,276	$	11,297	$	641

See accompanying Notes to Financial Statements.
197

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

	The Emerging Markets Series		The Emerging Markets Small Cap Series		The DFA One-Year Fixed Income Series			The DFA Two-Year Global Fixed Income Series
ASSETS:
Investments at Value (including $293,740, $162,766, $0, and $0 of securities on loan, respectively)	$	3,307,249	$	1,303,072	$	3,515,613		$	3,322,581
Temporary Cash Investments at Value		11,272		5,364		14,100			18,863
Collateral Received from Securities on Loan at Value		326,039		184,158		—			—
Foreign Currencies at Value		6,702		5,190		—			136
Cash		15		16		—			16
Receivables:
Investment Securities Sold		1,817		448		—			10,096
Dividends, Interest, and Tax Reclaims		12,140		5,119		4,522			15,942
Securities Lending Income		368		331		—			—
Fund Shares Sold		2,084		647		143			620
Unrealized Gain on Forward Currency Contracts		—		—		—			13,524
Prepaid Expenses and Other Assets		17		6		10			11
Total Assets		3,667,703		1,504,351		3,534,388			3,381,789
LIABILITIES:
Payables:
Upon Return of Securities Loaned		326,039		184,158		—			—
Investment Securities Purchased		8,721		6,182		—			—
Fund Shares Redeemed		—		—		10,885			—
Due to Advisor		278		223		147			140
Forward Currency Contracts		—		—		—			335
Unrealized Loss on Forward Currency Contracts		—		—		—			209
Deferred Thailand Capital Gains Tax		2,836		1,347		—			—
Accrued Expenses and Other Liabilities		331		154		131			147
Total Liabilities		338,205		192,064		11,163			831
NET ASSETS	$	3,329,498	$	1,312,287	$	3,523,225		$	3,380,958
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		N/A		N/A		352,860,037			323,446,886
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE		N/A		N/A	$	9.98		$	10.45
Investments at Cost	$	1,739,191	$	989,295	$	3,521,023		$	3,197,153
Temporary Cash Investments at Cost	$	11,272	$	5,364	$	14,100		$	18,863
Collateral Received from Securities on Loan at Cost	$	326,039	$	184,158		—			—
Foreign Currencies at Cost	$	6,475	$	5,132		—		$	133
NET ASSETS CONSIST OF:
Paid-In Capital		N/A		N/A	$	3,535,163		$	3,256,815
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A		N/A		8,126			35,089
Accumulated Net Realized Gain (Loss)		N/A		N/A		(14,654	)		(50,130	)
Net Unrealized Foreign Exchange Gain (Loss)				N/A		N/A			13,753
Net Unrealized Appreciation (Depreciation)		N/A		N/A		(5,410	)		125,431
NET ASSETS		N/A		N/A	$	3,523,225		$	3,380,958
(1) NUMBER OF SHARES AUTHORIZED		N/A		N/A		Unlimited			Unlimited

See accompanying Notes to Financial Statements.
198

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	The U.S. Large Company Series			The Enhanced U.S. Large Company Series			The U.S. Large Cap Value Series			The U.S. Small Cap Value Series
Investment Income
Dividends	$	44,525			—		$	82,991		$	52,287
Interest		1,337		$	4,403			944			1,532
Income from Securities Lending		522			—			1,544			6,985
Total Investment Income		46,384			4,403			85,479			60,804
Expenses
Investment Advisory Services Fees		548			74			4,802			8,097
Accounting & Transfer Agent Fees		224			25			478			406
S&P 500^® Fees		43			3			—			—
Custodian Fees		32			11			51			65
Shareholders' Reports		25			2			50			50
Directors'/Trustees' Fees & Expenses		5			—			36			15
Legal Fees		28			1			19			22
Audit Fees		29			2			60			57
Other		15			1			33			38
Total Expenses		949			119			5,529			8,750
Net Investment Income (Loss)		45,435			4,284			79,950			52,054
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(9,605	)		(6	)		292,276			384,005
Futures		(8,462	)		(39,502	)		(1,860	)		(5,590	)
Foreign Currency Transactions		—			(625	)		—			—
Swap Contracts		—			(2,465	)		—			—
In-Kind Redemptions		—			—			48,401	*		40,823	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(221,944	)		(1,522	)		(409,298	)		(633,205	)
Futures		440			18,868			—			—
Swap Contracts		—			1,527			—			—
Translation of Foreign Currency Denominated Amounts		—			3,107			—			—
Net Realized and Unrealized Gain (Loss)		(239,571	)		(20,618	)		(70,481	)		(213,967	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(194,136	)	$	(16,334	)	$	9,469		$	(161,913	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
199

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	The U.S. Small Cap Series			The U.S. Micro Cap Series			The DFA International Value Series			The Japanese Small Company Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $0, $24,839 and $1,183, respectively)	$	13,926		$	23,210		$	213,593		$	15,754
Interest		386			523			654			41
Income from Securities Lending		5,805			9,751			12,910			4,926
Total Investment Income		20,117			33,484			227,157			20,721
Expenses
Investment Advisory Services Fees		457			2,094			8,762			692
Accounting & Transfer Agent Fees		159			215			440			80
Custodian Fees		44			35			553			102
Shareholders' Reports		19			25			42			7
Directors'/Trustees' Fees & Expenses		6			8			38			4
Legal Fees		7			10			18			3
Audit Fees		22			29			53			9
Other		81			17			58			14
Total Expenses		795			2,433			9,964			911
Net Investment Income (Loss)		19,322			31,051			217,193			19,810
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(3,567	)		195,425			198,179			6,247
Futures		—			—			(1,153	)		(16	)
Foreign Currency Transactions		—			—			(1,489	)		545
In-Kind Redemptions		46,908	*		—			115,020	*		2,237	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(163,631	)		(449,192	)		(1,139,285	)		(81,555	)
Translation of Foreign Currency Denominated Amounts		—			—			(286	)		(975	)
Net Realized and Unrealized Gain (Loss)		(120,290	)		(253,767	)		(829,014	)		(73,517	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(100,968	)	$	(222,716	)	$	(611,821	)	$	(53,707	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
200

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	The Asia Pacific Small Company Series			The United Kingdom Small Company Series			The Continental Small Company Series			The Canadian Small Company Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $244, $22, $6,633 and $210, respectively)	$	18,367		$	19,890		$	41,315		$	1,164
Interest		140			65			201			92
Income from Securities Lending		3,007			167			5,158			378
Total Investment Income		21,514			20,122			46,674			1,634
Expenses
Investment Advisory Services Fees		528			530			1,055			160
Accounting & Transfer Agent Fees		64			64			115			28
Custodian Fees		142			38			246			110
Shareholders' Reports		4			6			10			—
Directors'/Trustees' Fees & Expenses		5			4			9			2
Legal Fees		2			3			5			—
Audit Fees		6			7			13			1
Other		15			10			19			2
Total Expenses		766			662			1,472			303
Net Investment Income (Loss)		20,748			19,460			45,202			1,331
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		59,945			43,789			78,317			3,691
Futures		(283	)		—			(358	)		—
Foreign Currency Transactions		(159	)		(298	)		611			(324	)
In-Kind Redemptions		3,762	*		6,080	*		9,962	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(128,388	)		(172,625	)		(167,129	)		6,223
Translation of Foreign Currency Denominated Amounts		—			74			79			5
Net Realized and Unrealized Gain (Loss)		(65,123	)		(122,980	)		(78,518	)		9,595
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(44,375	)	$	(103,520	)	$	(33,316	)	$	10,926

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
201

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	The Emerging Markets Series			The Emerging Markets Small Cap Series			The DFA One-Year Fixed Income Series			The DFA Two-Year Global Fixed Income Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $4,024, $1,157, $0 and $0, respectively)	$	44,302		$	18,807			—			—
Interest		159			71		$	61,029		$	50,510
Income from Securities Lending		2,232			2,180			—			—
Total Investment Income		46,693			21,058			61,029			50,510
Expenses
Investment Advisory Services Fees		1,681			1,372			839			842
Accounting & Transfer Agent Fees		176			79			173			176
Custodian Fees		1,121			543			20			116
Shareholders' Reports		14			5			14			14
Directors'/Trustees' Fees & Expenses		13			7			9			10
Legal Fees		8			4			5			5
Audit Fees		21			17			19			18
Other		43			21			9			9
Total Expenses		3,077			2,048			1,088			1,190
Net Investment Income (Loss)		43,616			19,010			59,941			49,320
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		312,490			106,057			—			218
Futures		(361	)		(439	)		—			—
Foreign Currency Transactions		(1,564	)		(1,406	)		—			(24,909	)
(Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(436,756	)		(240,673	)		(2,366	)		27,626
Translation of Foreign Currency Denominated Amounts		59			(70	)		—			8,861
Deferred Thailand Capital Gains Tax		749			189			—			—
Net Realized and Unrealized Gain (Loss)		(125,383	)		(136,342	)		(2,366	)		11,796
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(81,767	)	$	(117,332	)	$	57,575		$	61,116

See accompanying Notes to Financial Statements.
202

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Company Series						The Enhanced U.S. Large Company Series						The U.S. Large Cap Value Series						The U.S. Small Cap Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	45,435		$	94,262		$	4,284		$	13,033		$	79,950		$	146,991		$	52,054		$	129,169
Net Realized Gain (Loss) on:
Investment Securities Sold		(9,605	)		10,206			(6	)		(538	)		292,276			(118,412	)		384,005			1,072,520
Futures		(8,462	)		3,585			(39,502	)		28,285			(1,860	)		—			(5,590	)		—
Foreign Currency Transactions		—			—			(625	)		(882	)		—			—			—			—
Swap Contracts		—			—			(2,465	)		1,469			—			—			—			—
In-Kind Redemptions		—			529,199	*		—			—			48,401	*		—			40,823	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(221,944	)		(217,829	)		(1,522	)		2,487			(409,298	)		(150,559	)		(633,205	)		(1,994,517	)
Futures		440			(216	)		18,868			(21,293	)		—			—			—			—
Swap Contracts		—			—			1,527			(1,162	)		—			—			—			—
Translation of Foreign Currency Denominated Amounts		—			—			3,107			4,461			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(194,136	)		419,207			(16,334	)		25,860			9,469			(121,980	)		(161,913	)		(792,828	)
Distributions From:
Net Investment Income		—			—			(6,460	)		(10,384	)		(39,167	)		(146,268	)		(38,126	)		(128,093	)
Net Short-Term Gains		—			—			(4,443	)		(11,623	)		—			(14,058	)		—			(77,426	)
Net Long-Term Gains		—			—			(4,238	)		(14,452	)		—			(463,917	)		(1,046,424	)		(868,641	)
Total Distributions		—			—			(15,141	)		(36,459	)		(39,167	)		(624,243	)		(1,084,550	)		(1,074,160	)
Capital Share Transactions (1):
Shares Issued		—			—			7,290			57,240			610,629			1,783,358			303,864			1,462,057
Shares Issued in Lieu of Cash Distributions		—			—			14,499			35,498			39,167			600,794			1,063,781			1,046,092
Shares Redeemed		—			—			(38,160	)		(92,306	)		(686,471	)*		(344,913	)		(714,224	)*		(1,280,078	)
Net Increase (Decrease) from Capital Share Transactions		—			—			(16,371	)		432			(36,675	)		2,039,239			653,421			1,228,071
Transactions in Interest:
Contributions		485,710			616,294			—			—			—			—			—			—
Withdrawals		(77,649	)		(1,482,132	)*		—			—			—			—			—			—
Net Increase (Decrease) from Transactions in Interest		408,061			(865,838	)		—			—			—			—			—			—
Total Increase (Decrease) in Net Assets		213,925			(446,631	)		(47,846	)		(10,167	)		(66,373	)		1,293,016			(593,042	)		(638,917	)
Net Assets
Beginning of Period		4,506,349			4,952,980			337,116			347,283			10,159,322			8,866,306			8,805,495			9,444,412
End of Period	$	4,720,274		$	4,506,349		$	289,270		$	337,116		$	10,092,949		$	10,159,322		$	8,212,453		$	8,805,495
(1) Shares Issued and Redeemed:
Shares Issued		N/A			N/A			830			5,792			29,262			75,958			16,711			62,384
Shares Issued in Lieu of Cash Distributions		N/A			N/A			1,579			3,725			1,966			26,704			59,624			45,298
Shares Redeemed		N/A			N/A			(4,323	)		(9,298	)		(33,177	)		(15,046	)		(40,855	)		(55,385	)
		N/A			N/A			(1,914	)		219			(1,949	)		87,616			35,480			52,297
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A			N/A		$	5,163		$	7,339		$	42,721		$	1,938		$	16,832		$	2,904

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
203

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Small Cap Series						The U.S. Micro Cap Series						The DFA International Value Series						The Japanese Small Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	19,322		$	49,102		$	31,051		$	66,529		$	217,193		$	274,613		$	19,810		$	29,640
Net Realized Gain (Loss) on:
Investment Securities Sold		(3,567	)		303,991			195,425			379,499			198,179			654,522			6,247			51,317
Futures		—			—			—			—			(1,153	)		—			(16	)		—
Foreign Currency Transactions		—			—			—			—			(1,489	)		2,498			545			(227	)
In-Kind Redemptions		46,908	*		—			—			—			115,020	*		—			2,237	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(163,631	)		(417,060	)		(449,192	)		(602,264	)		(1,139,285	)		403,307			(81,555	)		(103,081	)
Translation of Foreign Currency Denominated Amounts		—			—			—			—			(286	)		(180	)		(975	)		144
Net Increase (Decrease) in Net Assets Resulting from Operations		(100,968	)		(63,967	)		(222,716	)		(156,236	)		(611,821	)		1,334,760			(53,707	)		(22,207	)
Distributions From:
Net Investment Income		(10,888	)		(49,031	)		(17,074	)		(66,185	)		(28,880	)		(278,093	)		—			—
Net Short-Term Gains		(7,560	)		(37,237	)		(31,555	)		(61,220	)		(22,542	)		(14,957	)		—			—
Net Long-Term Gains		(258,983	)		(200,073	)		(347,536	)		(375,219	)		(614,160	)		(185,943	)		—			—
Total Distributions		(277,431	)		(286,341	)		(396,165	)		(502,624	)		(665,582	)		(478,993	)		—			—
Capital Share Transactions (1):
Shares Issued		255,736			368,763			96,136			424,272			558,573			1,731,698			—			—
Shares Issued in Lieu of Cash Distributions		273,453			282,015			388,689			490,524			652,416			465,562			—			—
Shares Redeemed		(656,058	)*		(328,261	)		(337,579	)		(379,775	)		(789,847	)*		(871,558	)		—			—
Net Increase (Decrease) from Capital Share Transactions		(126,869	)		322,517			147,246			535,021			421,142			1,325,702			—			—
Transactions in Interest:
Contributions		—			—			—			—			—			—			50,677			227,009
Withdrawals		—			—			—			—			—			—			(29,656	)*		(85,703	)
Net Increase (Decrease) from Transactions in Interest		—			—			—			—			—			—			21,021			141,306
Total Increase (Decrease) in Net Assets		(505,268	)		(27,791	)		(471,635	)		(123,839	)		(856,261	)		2,181,469			(32,686	)		119,099
Net Assets
Beginning of Period		3,590,713			3,618,504			4,702,207			4,826,046			9,638,721			7,457,252			1,504,821			1,385,722
End of Period	$	3,085,445		$	3,590,713		$	4,230,572		$	4,702,207		$	8,782,460		$	9,638,721		$	1,472,135		$	1,504,821
(1) Shares Issued and Redeemed:
Shares Issued		18,216			21,414			10,546			37,031			26,415			72,431			N/A			N/A
Shares Issued in Lieu of Cash Distributions		18,655			16,905			40,657			44,051			30,340			20,227			N/A			N/A
Shares Redeemed		(46,382	)		(18,741	)		(36,079	)		(33,095	)		(38,486	)		(36,444	)		N/A			N/A
		(9,511	)		19,578			15,124			47,987			18,269			56,214			N/A			N/A
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	9,324		$	890		$	15,360		$	1,383		$	198,040		$	9,727			N/A			N/A

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
204

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Asia Pacific Small Company Series						The United Kingdom Small Company Series						The Continental Small Company Series						The Canadian Small Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			April 2, 2007(a) to Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	20,748		$	36,380		$	19,460		$	33,556		$	45,202		$	48,296		$	1,331		$	383
Net Realized Gain (Loss) on:
Investment Securities Sold		59,945			111,215			43,789			42,995			78,317			151,648			3,691			1,663
Futures		(283	)		—			—			—			(358	)		—			—			—
Foreign Currency Transactions		(159	)		874			(298	)		397			611			559			(324	)		(413	)
In-Kind Redemptions		3,762	*		—			6,080	*		—			9,962	*		—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(128,388	)		232,165			(172,625	)		(51,516	)		(167,129	)		126,217			6,223			(6,570	)
Translation of Foreign Currency Denominated Amounts		—			(25	)		74			(10	)		79			83			5			(2	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(44,375	)		380,609			(103,520	)		25,422			(33,316	)		326,803			10,926			(4,939	)
Transactions in Interest:
Contributions		33,755			123,444			39,996			36,898			97,566			103,548			223,792			222,468
Withdrawals		(103,901	)*		(48,526	)		(15,413	)*		(21,566	)		(77,028	)*		(49,423	)		—			(4,000	)
Net Increase (Decrease) from Transactions in Interest		(70,146	)		74,918			24,583			15,332			20,538			54,125			223,792			218,468
Total Increase (Decrease) in Net Assets		(114,521	)		455,527			(78,937	)		40,754			(12,778	)		380,928			234,718			213,529
Net Assets
Beginning of Period		1,205,154			749,627			1,158,580			1,117,826			2,256,122			1,875,194			213,529			—
End of Period	$	1,090,633		$	1,205,154		$	1,079,643		$	1,158,580		$	2,243,344		$	2,256,122		$	448,247		$	213,529

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
205

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Emerging Markets Series						The Emerging Markets Small Cap Series						The DFA One-Year Fixed Income Series						The DFA Two-Year Global Fixed Income Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	43,616		$	76,347		$	19,010		$	23,921		$	59,941		$	157,046		$	49,320		$	103,173
Net Realized Gain (Loss) on:
Investment Securities Sold		312,490			143,019			106,057			107,316			—			(74	)		218			(3,439	)
Futures		(361	)		—			(439	)		—			—			—			—			—
Foreign Currency Transactions		(1,564	)		(111	)		(1,406	)		(336	)		—			—			(24,909	)		(32,540	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(436,756	)		859,017			(240,673	)		279,364			(2,366	)		(2,138	)		27,626			24,384
Translation of Foreign Currency Denominated Amounts		59			(27	)		(70	)		76			—			—			8,861			56,392
Deferred Thailand Capital Gains Tax		749			(884	)		189			(450	)		—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(81,767	)		1,077,361			(117,332	)		409,891			57,575			154,834			61,116			147,970
Distributions From:
Net Investment Income		—			—			—			—			(65,212	)		(152,964	)		(54,646	)		(79,311	)
Total Distributions		—			—			—			—			(65,212	)		(152,964	)		(54,646	)		(79,311	)
Capital Share Transactions (1):
Shares Issued		—			—			—			—			573,879			1,322,342			170,887			722,901
Shares Issued in Lieu of Cash Distributions		—			—			—			—			63,728			148,906			54,217			78,772
Shares Redeemed		—			—			—			—			(335,889	)		(663,105	)		(152,711	)		(137,011	)
Net Increase (Decrease) from Capital Share Transactions		—			—			—			—			301,718			808,143			72,393			664,662
Transactions in Interest:
Contributions		108,959			481,891			80,082			360,040			—			—			—			—
Withdrawals		(405,484	)		(266,433	)		(176,034	)		(147,889	)		—			—			—			—
Net Increase (Decrease) from Transactions in Interest		(296,525	)		215,458			(95,952	)		212,151			—			—			—			—
Total Increase (Decrease) in Net Assets		(378,292	)		1,292,819			(213,284	)		622,042			294,081			810,013			78,863			733,321
Net Assets
Beginning of Period		3,707,790			2,414,971			1,525,571			903,529			3,229,144			2,419,131			3,302,095			2,568,774
End of Period	$	3,329,498		$	3,707,790		$	1,312,287		$	1,525,571		$	3,523,225		$	3,229,144		$	3,380,958		$	3,302,095
(1) Shares Issued and Redeemed:
Shares Issued		N/A			N/A			N/A			N/A			57,461			132,195			16,448			69,860
Shares Issued in Lieu of Cash Distributions		N/A			N/A			N/A			N/A			6,398			14,922			5,269			7,641
Shares Redeemed		N/A			N/A			N/A			N/A			(33,667	)		(66,333	)		(14,692	)		(13,289	)
		N/A			N/A			N/A			N/A			30,192			80,784			7,025			64,212
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A			N/A			N/A			N/A		$	8,126		$	13,397		$	35,089		$	40,415

See accompanying Notes to Financial Statements.
206

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Large Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period		N/A			N/A			N/A			N/A			N/A			N/A
Income From Investment Operations
Net Investment Income (Loss)		—			—			—			—			—			—
Net Gains (Losses) on Securities (Realized and Unrealized)		—			—			—			—			—			—
Total From Investment Operations		—			—			—			—			—			—
Less Distributions
Net Investment Income		—			—			—			—			—			—
Net Realized Gains		—			—			—			—			—			—
Total Distributions		—			—			—			—			—			—
Net Asset Value, End of Period		N/A			N/A			N/A			N/A			N/A			N/A
Total Return		(4.44	)%(C)		7.77	%		14.25	%		8.51	%		12.77	%		15.05	%
Net Assets, End of Period (thousands)	$	4,720,274		$	4,506,349		$	4,952,980		$	4,238,712		$	3,493,919		$	3,000,997
Ratio of Expenses to Average Net Assets		0.04	%(B)		0.04	%		0.04	%		0.05	%		0.05	%		0.05	%
Ratio of Net Investment Income to Average Net Assets		2.07	%(B)		1.96	%		1.95	%		1.87	%		1.99	%		1.75	%
Portfolio Turnover Rate		2	%(C)		13	%*		4	%		6	%		2	%		8	%

	The Enhanced U.S. Large Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.79		$	10.15		$	9.17		$	8.83		$	7.94		$	6.97
Income From Investment Operations
Net Investment Income (Loss)		0.13	(A)		0.35	(A)		0.33	(A)		0.27	(A)		0.08			0.15
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.58	)		0.35			0.90			0.36			0.91			0.93
Total From Investment Operations		(0.45	)		0.70			1.23			0.63			0.99			1.08
Less Distributions
Net Investment Income		(0.19	)		(0.29	)		(0.13	)		(0.29	)		(0.10	)		(0.11	)
Net Realized Gains		(0.25	)		(0.77	)		(0.12	)		—			—			—
Total Distributions		(0.44	)		(1.06	)		(0.25	)		(0.29	)		(0.10	)		(0.11	)
Net Asset Value, End of Period	$	8.90		$	9.79		$	10.15		$	9.17		$	8.83		$	7.94
Total Return		(4.70	)%(C)		7.37	%		13.69	%		7.21	%		12.50	%		15.71	%
Net Assets, End of Period (thousands)	$	289,270		$	337,116		$	347,283		$	313,608		$	221,780		$	141,478
Ratio of Expenses to Average Net Assets		0.08	%(B)		0.08	%		0.08	%		0.17	%		0.18	%		0.18	%
Ratio of Net Investment Income to Average Net Assets		2.88	%(B)		3.57	%		3.52	%		2.96	%		1.59	%		1.44	%
Portfolio Turnover Rate		21	%(C)		92	%		134	%		57	%		125	%		138	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

* Excluding security sales due to the In-Kind Redemptions the portfolio turnover rate would have been 5%. See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
207

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Large Cap Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income From Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.13	)		(0.38	)		3.27			2.41			3.09			2.41
Total From Investment Operations		0.04			(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.09	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		_—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.09	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	21.76		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		0.20	%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	10,092,949		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.66	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		8	%(C)		9	%		13	%		9	%		7	%		7	%

	The U.S. Small Cap Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	20.93		$	25.64		$	23.81		$	23.78		$	20.20		$	15.04
Income From Investment Operations
Net Investment Income (Loss)		0.11	(A)		0.31	(A)		0.29	(A)		0.17			0.16			0.12
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.44	)		(2.14	)		4.11			2.35			5.09			6.29
Total From Investment Operations		(0.33	)		(1.83	)		4.40			2.52			5.25			6.41
Less Distributions
Net Investment Income		(0.09	)		(0.31	)		(0.30	)		(0.31	)		(0.08	)		(0.12	)
Net Realized Gains		(2.51	)		(2.57	)		(2.27	)		(2.18	)		(1.59	)		(1.13	)
Total Distributions		(2.60	)		(2.88	)		(2.57	)		(2.49	)		(1.67	)		(1.25	)
Net Asset Value, End of Period	$	18.00		$	20.93		$	25.64		$	23.81		$	23.78		$	20.20
Total Return		(1.44	)%(C)		(8.11	)%		20.63	%		11.67	%		27.87	%		46.31	%
Net Assets, End of Period (thousands)	$	8,212,453		$	8,805,495		$	9,444,412		$	7,526,899		$	6,294,902		$	4,518,054
Ratio of Expenses to Average Net Assets		0.22	%(B)		0.22	%		0.22	%		0.24	%		0.25	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		1.29	%(B)		1.30	%		1.24	%		0.75	%		0.78	%		0.75	%
Portfolio Turnover Rate		13	%(C)		28	%		27	%		27	%		26	%		35	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
208

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Small Cap Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	16.21		$	17.92		$	16.73		$	16.09		$	13.84		$	9.93
Income From Investment Operations
Net Investment Income (Loss)		0.09	(A)		0.22	(A)		0.19	(A)		0.15			0.12			0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.47	)		(0.53	)		2.27			1.44			2.22			3.92
Total From Investment Operations		(0.38	)		(0.31	)		2.46			1.59			2.34			4.00
Less Distributions
Net Investment Income		(0.05	)		(0.22	)		(0.19	)		(0.18	)		(0.08	)		(0.09	)
Net Realized Gains		(1.23	)		(1.18	)		(1.08	)		(0.77	)		(0.01	)		—
Total Distributions		(1.28	)		(1.40	)		(1.27	)		(0.95	)		(0.09	)		(0.09	)
Net Asset Value, End of Period	$	14.55		$	16.21		$	17.92		$	16.73		$	16.09		$	13.84
Total Return		(2.35	)%(C)		(1.86	)%		15.90	%		10.40	%		16.99	%		40.32	%
Net Assets, End of Period (thousands)	$	3,085,445		$	3,590,713		$	3,618,504		$	2,894,399		$	2,321,090		$	1,468,486
Ratio of Expenses to Average Net Assets		0.05	%(B)		0.05	%		0.05	%		0.07	%		0.07	%		0.08	%
Ratio of Net Investment Income to Average Net Assets		1.27	%(B)		1.28	%		1.13	%		0.94	%		0.85	%		0.84	%
Portfolio Turnover Rate		10	%(C)		23	%		18	%		21	%		16	%		16	%

	The U.S. Micro Cap Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.64		$	12.25		$	12.02		$	11.92		$	10.48		$	7.11
Income From Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.15	(A)		0.12	(A)		0.09			0.07			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.53	)		(0.50	)		1.48			1.10			1.65			3.47
Total From Investment Operations		(0.46	)		(0.35	)		1.60			1.19			1.72			3.52
Less Distributions
Net Investment Income		(0.04	)		(0.15	)		(0.12	)		(0.10	)		(0.05	)		(0.05	)
Net Realized Gains		(0.88	)		(1.11	)		(1.25	)		(0.99	)		(0.23	)		(0.10	)
Total Distributions		(0.92	)		(1.26	)		(1.37	)		(1.09	)		(0.28	)		(0.15	)
Net Asset Value, End of Period	$	9.26		$	10.64		$	12.25		$	12.02		$	11.92		$	10.48
Total Return		(4.63	)%(C)		(3.24	)%		15.00	%		10.77	%		16.83	%		50.34	%
Net Assets, End of Period (thousands)	$	4,230,572		$	4,702,207		$	4,826,046		$	3,952,538		$	3,216,440		$	2,624,043
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.12	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.48	%(B)		1.31	%		1.04	%		0.80	%		0.64	%		0.68	%
Portfolio Turnover Rate		7	%(C)		21	%		22	%		24	%		27	%		19	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
209

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The DFA International Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income From Investment Operations
Net Investment Income (Loss)		0.53	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.01	)		2.98			5.27			1.95			3.61			3.06
Total From Investment Operations		(1.48	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.07	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(1.68	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	21.29		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(6.10	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets, End of Period (thousands)	$	8,782,460		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.96	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		9	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
210

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Japanese Small Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(3.75	)%(C)		(1.16	)%		(2.28	)%		31.03	%		32.73	%		47.87	%
Net Assets, End of Period (thousands)	$	1,472,135		$	1,504,821		$	1,385,722		$	1,151,429		$	605,132		$	283,699
Ratio of Expenses to Average Net Assets		0.13	%(B)		0.13	%		0.14	%		0.22	%		0.27	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		2.86	%(B)		1.94	%		1.68	%		1.51	%		1.45	%		1.41	%
Portfolio Turnover Rate		2	%(C)		9	%		9	%		6	%		5	%		16	%
	The United Kingdom Small Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(8.92	)%(C)		2.42	%		44.80	%		12.88	%		29.68	%		44.65	%
Net Assets, End of Period (thousands)	$	1,079,643		$	1,158,580		$	1,117,826		$	643,038		$	377,763		$	160,917
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.12	%		0.13	%		0.22	%		0.27	%		0.26	%
Ratio of Net Investment Income to Average Net Assets		3.67	%(B)		2.72	%		2.70	%		3.19	%		2.70	%		3.25	%
Portfolio Turnover Rate		12	%(C)		12	%		8	%		12	%		7	%		7	%

	The Asia Pacific Small Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(3.11	)%(C)		47.23	%		38.26	%		9.30	%		27.40	%		61.47	%
Net Assets, End of Period (thousands)	$	1,090,633		$	1,205,154		$	749,627		$	395,923		$	282,999		$	156,765
Ratio of Expenses to Average Net Assets		0.15	%(B)		0.15	%		0.17	%		0.27	%		0.32	%		0.31	%
Ratio of Net Investment Income to Average Net Assets		3.93	%(B)		3.58	%		4.19	%		4.33	%		3.82	%		3.35	%
Portfolio Turnover Rate		9	%(C)		25	%		14	%		10	%		11	%		15	%
	The Continental Small Company Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(1.47	)%(C)		17.49	%		47.10	%		18.97	%		36.57	%		52.86	%
Net Assets, End of Period (thousands)	$	2,243,344		$	2,256,122		$	1,875,194		$	981,938		$	654,644		$	448,407
Ratio of Expenses to Average Net Assets		0.14	%(B)		0.14	%		0.15	%		0.24	%		0.26	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.28	%(B)		2.16	%		2.27	%		2.16	%		2.09	%		2.49	%
Portfolio Turnover Rate		8	%(C)		12	%		7	%		18	%		9	%		11	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
211

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Canadian Small Company Series
	Six Months Ended May 31, 2008			For the Period April 2, 2007(a) to Nov. 30, 2007
	(Unaudited)
Total Return		1.09	%(C)		10.20	%(C)
Net Assets, End of Period (thousands)	$	448,247		$	213,529
Ratio of Expenses to Average Net Assets		0.19	%(B)		0.26	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.83	%(B)		0.47	%(B)(E)
Portfolio Turnover Rate		6	%(C)		6	%(C)

	The Emerging Markets Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(1.94	)%(C)		42.62	%		31.87	%		31.23	%		35.47	%		39.67	%
Net Assets, End of Period (thousands)	$	3,329,498		$	3,707,790		$	2,414,971		$	1,852,565		$	1,160,262		$	607,561
Ratio of Expenses to Average Net Assets		0.18	%(B)		0.19	%		0.20	%		0.27	%		0.31	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		2.59	%(B)		2.52	%		2.54	%		3.70	%		2.63	%		2.23	%
Portfolio Turnover Rate		7	%(C)		7	%		11	%		9	%		2	%		1	%

	The Emerging Markets Small Cap Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(7.87	)%(C)		43.32	%		40.55	%		24.85	%		35.22	%		52.80	%
Net Assets, End of Period (thousands)	$	1,312,287		$	1,525,571		$	903,529		$	545,271		$	237,865		$	117,744
Ratio of Expenses to Average Net Assets		0.30	%(B)		0.31	%		0.34	%		0.49	%		0.52	%		0.54	%
Ratio of Net Investment Income to Average Net Assets		2.77	%(B)		1.94	%		2.39	%		2.70	%		1.93	%		2.44	%
Portfolio Turnover Rate		7	%(C)		16	%		18	%		8	%		11	%		6	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
212

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The DFA One-Year Fixed Income Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.01		$	10.00		$	9.94		$	10.00		$	10.10		$	10.19
Income From Investment Operations
Net Investment Income (Loss)		0.18	(A)		0.53	(A)		0.42	(A)		0.30			0.16			0.15
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.01	)		(0.01	)		0.04			(0.07	)		(0.04	)		0.04
Total From Investment Operations		0.17			0.52			0.46			0.23			0.12			0.19
Less Distributions
Net Investment Income		(0.20	)		(0.51	)		(0.40	)		(0.29	)		(0.15	)		(0.16	)
Net Realized Gains		—			—			—			—			(0.07	)		(0.12	)
Tax Return of Capital		—			—			—			—			—			—
Total Distributions		(0.20	)		(0.51	)		(0.40	)		(0.29	)		(0.22	)		(0.28	)
Net Asset Value, End of Period	$	9.98		$	10.01		$	10.00		$	9.94		$	10.00		$	10.10
Total Return		1.68	%(C)		5.31	%		4.72	%		2.32	%		1.21	%		1.95	%
Net Assets, End of Period (thousands)	$	3,523,225		$	3,229,144		$	2,419,131		$	1,953,544		$	1,739,484		$	1,455,374
Ratio of Expenses to Average Net Assets		0.06	%(B)		0.07	%		0.07	%		0.09	%		0.09	%		0.09	%
Ratio of Net Investment Income to Average Net Assets		3.57	%(B)		5.20	%		4.15	%		3.04	%		1.63	%		1.51	%
Portfolio Turnover Rate		0	%(C)		28	%		28	%		40	%		154	%		143	%

	The DFA Two-Year Global Fixed Income Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.44		$	10.19		$	9.83		$	9.99		$	10.13		$	10.22
Income From Investment Operations
Net Investment Income (Loss)		0.15	(A)		0.36	(A)		0.31	(A)		0.29	(A)		0.12			0.25
Net Gains (Losses) on Securities (Realized and Unrealized)		0.03			0.16			0.13			(0.10	)		—			(0.01	)
Total From Investment Operations		0.18			0.52			0.44			0.19			0.12			0.24
Less Distributions
Net Investment Income		(0.17	)		(0.27	)		(0.08	)		(0.33	)		(0.15	)		(0.19	)
Net Realized Gains		—			—			—			—			(0.11	)		(0.14	)
Tax Return of Capital		—			—			—			(0.02	)		—			—
Total Distributions		(0.17	)		(0.27	)		(0.08	)		(0.35	)		(0.26	)		(0.33	)
Net Asset Value, End of Period	$	10.45		$	10.44		$	10.19		$	9.83		$	9.99		$	10.13
Total Return		1.77	%(C)		5.15	%		4.52	%		1.92	%		1.22	%		2.36	%
Net Assets, End of Period (thousands)	$	3,380,958		$	3,302,095		$	2,568,774		$	2,068,235		$	1,707,132		$	1,195,610
Ratio of Expenses to Average Net Assets		0.07	%(B)		0.07	%		0.08	%		0.10	%		0.11	%		0.13	%
Ratio of Net Investment Income to Average Net Assets		2.93	%(B)		3.51	%		3.12	%		2.96	%		1.96	%		1.78	%
Portfolio Turnover Rate		14	%(C)		95	%		111	%		59	%		131	%		144	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
213

THE DFA INVESTMENT TRUST COMPANY
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one investment portfolios, of which sixteen are included in this section of the report, (collectively, the "Series") and five are presented in separate reports.

Domestic Equity Portfolios

The U.S. Large Company Series

The Enhanced U.S. Large Company Series

The U.S. Large Cap Value Series

The U.S. Small Cap Value Series

The U.S. Small Cap Series

The U.S. Micro Cap Series

Fixed Income Portfolios

The DFA One-Year Fixed Income Series

The DFA Two-Year Global Fixed Income Series

International Equity Portfolios

The DFA International Value Series

The Japanese Small Company Series

The Asia Pacific Small Company Series

The United Kingdom Small Company Series

The Continental Small Company Series

The Canadian Small Company Series

The Emerging Markets Series

The Emerging Markets Small Cap Series

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Domestic Equity Portfolios and the International Equity Portfolios, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Domestic Equity Portfolios and the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Domestic Equity Portfolios and International Equity Portfolios value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respect ive net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the NYSE.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios and International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

214

at the close of the Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the time that the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Equity Portfolios price their shares at the close of the NYSE, the International Equity Portfolios will fair value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Equity Portfolios' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Trust have determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable, and may trigger fair value pricing. Consequently, fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of an International Equity Portfolio. When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio's foreign investments may not be the quoted or published prices of the investments on t heir primary markets or exchanges.

Fixed income instruments held by The Enhanced U.S. Large Company Series and the Fixed Income Portfolios, are valued on the basis of prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities which are traded over-the counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

215

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The U.S. Large Company Series	$	4,591,920	$	457,951		—	$	5,049,871	$	1,622		—		—	$	1,622
The Enhanced U.S. Large Company Series		1,978		285,848		—		287,826		17,700	$	1,988		—		19,688
The U.S. Large Cap Value Series		10,057,874		1,043,993		—		11,101,867		—		—		—		—
The U.S. Small Cap Value Series		8,121,867		1,551,139		—		9,673,006		—		—		—		—
The U.S. Small Cap Series		3,059,215		809,048		—		3,868,263		—		—		—		—
The U.S. Micro Cap Series		4,221,986		996,666		—		5,218,652		—		—		—		—
The DFA International Value Series		1,700,925		8,096,069		—		9,796,994		—		—		—		—
The Japanese Small Company Series		8,040		1,914,814		—		1,922,854		—		—		—		—
The Asia Pacific Small Company Series		26,800		1,456,997		—		1,483,797		—		—		—		—
The United Kingdom Small Company Series		2,035		1,115,625		—		1,117,660		—		—		—		—
The Continental Small Company Series		5,089		2,924,879		—		2,929,968		—		—		—		—
The Canadian Small Company Series		445,125		83,342		—		528,467		—		—		—		—
The Emerging Markets Series		1,267,665		2,376,895		—		3,644,560		—		—		—		—
The Emerging Markets Small Cap Series		311,825		1,180,769		—		1,492,594		—		—		—		—
The DFA One-Year Fixed Income Series		—		3,529,713		—		3,529,713		—		—		—		—
The DFA Two-Year Global Fixed Income Series		—		3,341,444		—		3,341,444		—		13,315		—		13,315

2. Foreign Currency Translation: Securities and other assets and liabilities of The Enhanced U.S. Large Company Series, the International Equity Portfolios and The DFA Two-Year Global Fixed Income Series, whose values are initially expressed in foreign currencies, are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series also enter into forward foreign currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. These contracts are also marked to market daily based on daily exchange rates.

The International Equity Portfolios do not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized. However, The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series do isolate the effect of fluctuations in foreign currency rates when determining the realized gain or loss upon the sale or maturity of foreign currency denominated debt obligations pursuant to U.S. federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for both financial reporting and income tax reporting purposes.

216

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of The Enhanced U.S. Large Company Series, the International Equity Portfolios and The DFA Two-Year Global Fixed Income Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses.

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, utilizing the effective interest method. Expenses directly at tributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The International Portfolios may be subject to taxes imposed by countries in which they invest, with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The funds accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Series and The Emerging Markets Small Cap Series investments in Thailand are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Emerging Markets Series and The Emerging Markets Small Cap Series accrue for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. These funds are also subject to a 10% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Trust. For the six months ended May 31, 2008, the Series' investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

The U.S. Large Company Series	0.025	%

The Enhanced U.S. Large Company Series	0.05	%

The U.S. Large Cap Value Series	0.10	%

The U.S. Small Cap Value Series	0.20	%

217

The U.S. Small Cap Series	0.03	%

The U.S. Micro Cap Series	0.10	%

The DFA International Value Series	0.20	%

The Japanese Small Company Series	0.10	%

The Asia Pacific Small Company Series	0.10	%

The United Kingdom Small Company Series	0.10	%

The Continental Small Company Series	0.10	%

The Canadian Small Company Series	0.10	%

The Emerging Markets Series	0.10	%

The Emerging Markets Small Cap Series	0.20	%

The DFA One-Year Fixed Income Series	0.05	%

The DFA Two-Year Global Fixed Income Series	0.05	%

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For six months ended May 31, 2008, the total related amounts paid by the Trust to the CCO were $58 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

The U.S. Large Company Series	$	92
The Enhanced U.S. Large Company Series		6
The U.S. Large Cap Value Series		202
The U.S. Small Cap Value Series		170
The U.S. Small Cap Series		64
The U.S. Micro Cap Series		88
The DFA International Value Series		184
The Japanese Small Company Series		29
The Asia Pacific Small Company Series		22
The United Kingdom Small Company Series		22
The Continental Small Company Series		44
The Canadian Small Company Series		7
The Emerging Markets Series		71
The Emerging Markets Small Cap Series		29
The DFA One-Year Fixed Income Series		70
The DFA Two-Year Global Fixed Income Series		71

E. Purchases and Sales of Securities:

For the six months ended May 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
The U.S. Large Company Series		—		—	$	440,262	$	65,104
The Enhanced U.S. Large Company Series	$	29,447		—		65,664		36,426
The U.S. Large Cap Value Series		—		—		842,246		755,345

218

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
The U.S. Small Cap Value Series		—		—	$	1,073,887	$	1,375,317
The U.S. Small Cap Series		—		—		310,017		636,769
The U.S. Micro Cap Series		—		—		276,238		471,866
The DFA International Value Series		—		—		809,952		889,949
The Japanese Small Company Series		—		—		68,932		34,177
The Asia Pacific Small Company Series		—		—		94,795		141,283
The United Kingdom Small Company Series		—		—		164,005		126,719
The Continental Small Company Series		—		—		223,579		178,539
The Canadian Small Company Series		—		—		239,369		19,928
The Emerging Markets Series		—		—		235,103		498,760
The Emerging Markets Small Cap Series		—		—		100,221		174,833
The DFA One-Year Fixed Income Series	$	565,883		—		133,200		—
The DFA Two-Year Global Fixed Income Series		172,637		—		364,411		308,586

F. Federal Income Taxes:

It is the intention of The Enhanced U.S. Large Company Series, The U.S. Large Cap Value Series, The U.S. Small Cap Value Series, The U.S. Small Cap Series, The U.S. Micro Cap Series, The DFA International Value Series, The DFA One-Year Fixed Income Series and The DFA Two-Year Global Fixed Income Series each to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code and to distribute substantially all of their taxable income and capital gains to its shareholders.

The U.S. Large Company Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are treated as partnerships for federal income tax purposes and therefore, no provision for federal income taxes is required. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to foreign bond bifurcation and net realized gains on securities considered to be "passive foreign investment companies", were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains/(Losses)
The Enhanced U.S. Large Company Series		—	$	(1,627	)	$	1,627
The U.S. Large Cap Value Series		—		(270	)		270
The U.S. Small Cap Value Series	$	25,705		(19	)		(25,686	)
The U.S. Small Cap Series		37,017		—			(37,017	)
The DFA International Value Series		—		20,352			(20,352	)
The DFA Two-Year Global Fixed Income Series		—		(37,010	)		37,010

219

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
The Enhanced U.S. Large Company Series
2006	$	4,468	$	4,136	$	8,604
2007		22,007		14,452		36,459
The U.S. Large Cap Value Series
2006		141,704		186,026		327,730
2007		160,367		463,876		624,243
The U.S. Small Cap Value Series
2006		142,640		678,973		821,613
2007		205,518		868,642		1,074,160
The U.S. Small Cap Series
2006		71,422		153,072		224,494
2007		86,268		200,073		286,341
The U.S. Micro Cap Series
2006		119,309		336,642		455,951
2007		127,405		375,219		502,624
The DFA International Value Series
2006		213,585		115,307		328,892
2007		293,050		185,943		478,993
The DFA One-Year Fixed Income Series
2006		90,843		—		90,843
2007		152,964		—		152,964
The DFA Two-Year Global Fixed Income Series
2006		19,326		—		19,326
2007		79,311		—		79,311

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings/ (Accumulated Losses)
The Enhanced U.S. Large Company Series	$	9,903	$	4,219		—		$	14,122
The U.S. Large Cap Value Series		2,141		—	$	(118,411	)		(116,270	)
The U.S. Small Cap Value Series		3,105		1,047,283		—			1,050,388
The U.S. Small Cap Series		8,406		258,820		—			267,226
The U.S. Micro Cap Series		33,072		347,556		—			380,628
The DFA International Value Series		37,777		613,845		—			651,622
The DFA One-Year Fixed Income Series		13,457		—		(14,654	)		(1,197	)
The DFA Two-Year Global Fixed Income Series		44,756		—		(25,439	)		19,317

220

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the following Series' had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on November 30,
	2012		2013		2014		2015		Total
The U.S. Large Cap Value Series		—		—		—	$	118,411	$	118,411
The DFA One-Year Fixed Income Series	$	4,145	$	5,932	$	4,503		74		14,654
The DFA Two-Year Global Fixed Income Series		5,242		11,188		9,009		—		25,439

During the year ended November 30, 2007, The DFA Two-Year Global Fixed Income Series utilized capital loss carryforwards of $1,031 (in thousands) to offset realized capital gains for federal income tax purposes.

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At November 30, 2007, the following Series' had cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income (amounts in thousands):

	Mark to Market		Realized Gains
The DFA International Value Series	$	5,687	$	36,619
The Japanese Small Company Series		2,086		3,874
The Asia Pacific Small Company Series		1,467		1,992
The United Kingdom Small Company Series		12,550		1,409
The Continental Small Company Series		3,689		4,008
The Canadian Small Company Series		—		105
The Emerging Markets Series		1,160		1,623
The Emerging Markets Small Cap Series		374		530

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The U.S. Large Company Series	$	4,056,042	$	1,471,821	$	(477,993	)	$	993,828
The Enhanced U.S. Large Company Series		276,836		11,355		(365	)		10,990
The U.S. Large Cap Value Series		9,790,025		2,350,917		(1,039,075	)		1,311,842
The U.S. Small Cap Value Series		10,338,204		1,471,171		(2,136,369	)		(665,198	)
The U.S. Small Cap Series		3,872,261		682,388		(686,386	)		(3,998	)
The U.S. Micro Cap Series		5,351,539		1,053,473		(1,186,360	)		(132,887	)
The DFA International Value Series		8,220,521		2,182,009		(605,537	)		1,576,472
The Japanese Small Company Series		2,074,519		164,565		(316,230	)		(151,665	)
The Asia Pacific Small Company Series		1,226,647		388,120		(130,970	)		257,150
The United Kingdom Small Company Series		939,187		304,054		(125,581	)		178,473
The Continental Small Company Series		2,239,764		824,530		(134,327	)		690,203
The Canadian Small Company Series		528,819		45,004		(45,356	)		(352	)

221

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The Emerging Markets Series	$	2,077,330	$	1,645,579	$	(78,349	)	$	1,567,230
The Emerging Markets Small Cap Series		1,178,821		424,758		(110,985	)		313,773
The DFA One-Year Fixed Income Series		3,535,123		89		(5,499	)		(5,410	)
The DFA Two-Year Global Fixed Income Series		3,216,016		128,515		(3,087	)		125,428

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

G. Financial Instruments:

2. Forward Currency Contracts: The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series may enter into forward foreign currency contracts only to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies. At May 31, 2008, The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series had entered into the following contracts and the net unrealized foreign exchange gain/(Ioss) is reflected in the accompanying financial statements (amounts in thousands):

The Enhanced U.S. Large Company Series

Settlement Date	Currency Amount		Currency Sold	Contract Amount		Value at May 31, 2008		Unrealized Foreign Exchange Gain (Loss)
06/16/08		6,574,482	Japanese Yen	$	63,564	$	62,423	$	1,141
06/27/08		10,754	Australian Dollar		10,223		10,241		(18	)
06/27/08		10,049	Swiss Franc		9,741		9,644		97
06/27/08		7,195	Euro		11,278		11,178		100
				$	94,806	$	93,486	$	1,320

222

The DFA Two-Year Global Fixed Income Series

Settlement Date	Currency Amount		Currency Sold	Contract Amount		Value at May 31, 2008		Unrealized Foreign Exchange Gain (Loss)
06/16/08		30,829,121	Japanese Yen	$	298,063	$	292,713	$	5,350
06/20/08		32,562,377	Japanese Yen		311,218		309,237		1,981
06/27/08		26,342,223	Japanese Yen		253,580		250,262		3,318
06/27/08		158,605	Swiss Franc		153,750		152,212		1,538
06/27/08		96,685	Euro		151,559		150,222		1,337
06/27/08		126,232	Australian Dollar		120,004		120,213		(209	)
				$	1,288,174	$	1,274,859	$	13,315

3. Foreign Markets Risks: Investments in foreign markets may involve certain consideration and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign government supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities by the Master Funds may be inhibited.

4. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with their investment objectives. Upon entering into a futures contract, the Series deposit cash or pledge U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series record a realized gain or loss equal to the difference between the value of the contrac t at the time it was opened and the value at the time it was closed.

At May 31, 2008, Large Company and Enhanced had the following outstanding futures contracts (dollar amounts in thousands):

The U.S. Large Company Series

Description				Expiration Date				Number of Contracts				Contract Value				Unrealized Gain (Loss)
S&P 500 Index^®				June 20, 2008					309			$	108,196			$	1,622

Large Company had approximately $4,691 (amount in thousands) of cash segregated as collateral for the open futures contracts and has been accounted for on the Statement of Assets and Liabilities.

The Enhanced U.S. Large Company Series

Description				Expiration Date				Number of Contracts				Contract Value				Unrealized Gain (Loss)
S&P 500 Index^®				June 20, 2008					793			$	277,669			$	17,699

Enhanced's securties have been segregated as collateral for the open futures contracts.

5. Equity Index Swaps: Enhanced may enter into equity index swaps in accordance with its investment objectives. A swap agreement obligates two parties to exchange returns realized on a notional amount agreed upon

223

by both parties. The obligations of the parties are calculated on a net basis based on the daily fluctuations in the indices on which the agreement is based. The daily net fluctuation is recorded as unrealized appreciation/(depreciation) by Enhanced. At the termination of the agreement, Enhanced will receive from or pay to the counterparty, the accumulated net unrealized appreciation/(depreciation), which will then be recorded as realized. Payments made by Enhanced are based on the London Interbank Offered Rate (LIBOR) minus 0.05% per annum calculated on the original notional amount plus accumulated interest added on the monthly LIBOR reset date. Payments received by Enhanced are based on the daily value of the S&P 500 Index^® plus accumulated dividends as expressed in Index points calculated on the original notional amount.

Risks may arise upon entering into equity index swap agreements in the event of the default or bankruptcy of a swap agreement counterparty where the swap agreement counterparty would not be able to pay any unrealized appreciation upon termination of the agreement, and in the event of unfavorable market and interest changes resulting in a liability of Enhanced.

At May 31, 2008, Enhanced had the following outstanding S&P 500 Index^® swap, which was approximately 5% of the portfolio's net assets (dollar amounts in thousands):

Counterparty

Effective Date

Termination Date

Notional Amount

Unrealized
Appreciation (Depreciation)

Morgan Stanley

April 14, 2008

October 10, 2008

13,328

668

H. Line of Credit:

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
The U.S. Large Cap Value Series		4.03	%	$	5,774		4	$	3	$	5,880
The U.S. Small Cap Value Series		4.53	%		20,332		3		8		32,000
The U.S. Small Cap Series		4.79	%		36,625		14		68		75,420
The U.S. Micro Cap Series		4.56	%		1,759		4		1		2,338

There were no outstanding borrowings by the Series under this line of credit during the six months ended May 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

224

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
The DFA International Value Series		4.20	%	$	11,197		16	$	21	$	27,822
The Japanese Small Company Series		4.97	%		1,011		7		1		1,239
The Asia Pacific Small Company Series		3.75	%		5,228		7		4		6,179
The United Kingdom Small Company Series		3.73	%		975		5		1		4,103
The Continental Small Company Series		4.26	%		1,360		7		1		3,466
The Emerging Markets Series		4.60	%		9,888		17		21		18,238
The Emerging Markets Small Cap Series		3.70	%		2,211		25		6		5,337

There were no outstanding borrowings by the Series under this line of credit during the six months ended May 31, 2008.

I. Securities Lending:

As of May 31, 2008, some of the Series had securities on loan to brokers/dealers, for which each Series held cash collateral. Each Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are required at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. In the event that the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities.

Subject to each Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

J. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Trust.

K. In-Kind Redemptions:

225

During the six months ended May 31, 2008, the following Series realized net gains of in-kind redemptions (amounts in thousands):

The U.S. Large Cap Value Series	$	48,401
The U.S. Small Cap Value Series		40,823
The U.S. Small Cap Series		46,908
The DFA International Value Series		115,020
The Japanese Small Company Series		2,237
The Asia Pacific Small Company Series		3,762
The United Kingdom Small Company Series		6,080
The Continental Small Company Series		9,962

During the year ended November 30, 2007, The U.S. Large Company Series realized $529,199 (in thousands) of net gain.

L. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

226

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Fund and the Trust use in voting proxies relating to securities held in the portfolios is available without charge, upon request, by calling collect: (310) 395-8005. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC's website at http://www.sec.gov and from the Advisor's website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

227

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 14, 2007 (the "Meeting"), the Board of Directors of DFA Investment Dimensions Group Inc. and the Board of Trustees of The DFA Investment Trust Company (together, the "Board") considered the continuation of the investment advisory/management agreements for each portfolio or series (except for the T.A. World ex U.S. Core Equity Portfolio and DFA Selectively Hedged Global Fixed Income Portfolio) (collectively, the "Funds") and, if applicable, a Fund's sub-advisory agreements. For certain Funds, Dimensional Fund Advisors Ltd. or DFA Australia Limited serve as a sub-advisor. (The investment advisory/management agreements and the sub-advisory agreements are referred to as the "Advisory Agreements," and the Advisor and sub-advisors are referred to as the "Advisor.")

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Advisory Agreements. The Independent Board Members met with their independent counsel in advance of the Meeting to discuss the materials provided by the Advisor, the independent reports prepared by Lipper, Inc. (the "Lipper Reports"), and issues related to the continuation of the Advisory Agreements. Also in advance of the Meeting, management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Lipper Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Advisory Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the advisory fee charged; (vi) comparisons of the services to be rendered and the amounts to be paid under other advisory contracts; and (vii) any benefits to be derived by the Advisor from its relationship with each Fund.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's investment advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment management services provided by the Advisor. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareh olders of the Fund.

In considering the performance of each Fund, the Board analyzed the Lipper Reports, which compared the performance of each Fund with other funds in its respective peer group and peer universe, and noted that the performance of most Funds compared favorably with their peer groups. At the Board's request, the Advisor specifically addressed the factors that contributed to the comparative performance of The U.S. Micro Cap Series, The U.S. Small Cap Series, The U.S. Small Cap Value Series, U.S. Targeted Value Portfolio, The Japanese Small Company Series, The DFA Two-Year Global Fixed Income Series, and DFA Five-Year Global Fixed Income Portfolio. The Board concluded that the Advisor's explanations provided a sound basis for understanding the performance of these Funds. The Board noted that the Advisor's investment style and methodologies in managing the Funds are not designed to track traditional indexes. As a result, it is expected that certain Funds will underperform their Lipper-designated peer funds and that reporting results will diverge from market indexes, while other Funds may outperform their Lipper-designated peer funds and market indexes for the same periods. The Board determined, among other things, that the performance of each Fund was acceptable as compared with relevant performance standards and appropriate market indexes.

228

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Lipper Reports. The Board concluded that the advisory fees and total expenses of each Fund over various periods were favorable in relation to their peer funds, and that the advisory fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large. The Board also noted that significant reductions in the non-management fees charged by the Funds' administrator and transfer agent have been negotiated by management over the course of the la st two years.

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund, including administrative fees paid by the feeder portfolios. The Board considered the profitability to the Advisor of managing the Funds and other "non-1940 Act registered" investment vehicles. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of advisory fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of advisory fees charged were inapplicable to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Advisory Agreement for each Fund was in the best interests of the Fund and its shareholders.

At the Meeting, the Board also considered the initial approval of the investment advisory agreement and sub-advisory agreements for a new portfolio, T.A. World ex U.S. Core Equity Portfolio (the "T.A. World Portfolio"). (The investment advisory agreement and sub-advisory agreements are referred to as the "Advisory Agreements").

At the Meeting, the Board considered a variety of factors when considering the approval of the Advisory Agreements for the T.A. World Portfolio, including: (i) the nature, extent and quality of services that will be provided by the Advisor to the T.A. World Portfolio, including the resources of the Advisor to be dedicated to the T.A. World Portfolio; (ii) the performance of the Advisor; (iii) the fees and expenses that will be borne by the T.A. World Portfolio; (iv) the profitability realized by the Advisor from its relationship with the T.A. World Portfolio; (v) whether economies of scale will be realized by the Advisor with respect to the T.A. World Portfolio as it grows larger, and the extent to which the economies of scale are reflected in the level of the advisory fees charged for the benefit of investors; (vi) comparisons of the services to be rendered and the amounts to be paid under other advisory contracts; and (vii) any benefits to be derived by the Advisor from its relationship with the T.A. World Portfolio.

When considering the nature, extent and quality of the services that will be provided by the Advisor to the T.A. World Portfolio, and the resources of the Advisor dedicated to the T.A. World Portfolio, the Board reviewed the experience and expertise of the Advisor's investment professionals who will furnish management services to the T.A. World Portfolio. The Board also evaluated the Advisor's investment advisory capabilities and the portfolio management process described for the T.A. World Portfolio. The Board noted that the services that were proposed to be provided to the T.A. World Portfolio were consistent with the range of services currently provided to other investment portfolios managed by the Advisor. The Board concluded that the nature, extent and quality of services that the Advisor was proposing to provide to the T.A. World Portfolio appeared to be consistent with the Portfolio's anticipated operational requirements.

The Board also considered the proposed fees and projected expenses for the T.A. World Portfolio, and compared the fees to be charged to the T.A. World Portfolio by the Advisor to the fees charged by the Advisor to other

229

relevant investment portfolios managed by the Advisor, and to the fees charged other mutual funds managed by third parties in the Portfolio's anticipated peer group for comparable services. The Board concluded, among other things, that the proposed advisory fee and anticipated total expenses of the T.A. World Portfolio appeared to compare favorably to expected peer mutual funds managed by others and to other investment portfolios managed by the Advisor, and that the proposed advisory fee for the T.A. World Portfolio was fair, both on an absolute basis and in comparison with other funds likely to be in the T.A. World Portfolio's peer group. The Board also concluded that, given that the T.A. World Portfolio's proposed advisory fee likely ranking among the lowest of its peer funds, economies of scale and the reflection of such economies of scale in the level of advisory fee charged were inapplicable to the Portfolio at the present time.

The Board also noted that, as the T.A. World Portfolio had not yet commenced investment operations, there was no investment performance for either the T.A. World Portfolio or the Advisor in managing the Portfolio for the Board to evaluate. Furthermore, the Board noted that the Advisor could not report any financial results from its relationship with the T.A. World Portfolio because the Portfolio had not yet commenced investment operations, and thus, the Board could not evaluate profitability.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the approval of the Advisory Agreements for the T.A. World Portfolio was in the best interests of the Portfolio and its shareholders.

At the Board meeting held on August 30, 2007 (the "August Meeting"), the Board considered the initial approval of the investment advisory agreement and sub-advisory agreements for a new portfolio, DFA Selectively Hedged Global Fixed Income Portfolio (the "Selectively Hedged Portfolio"). (The investment advisory agreement and sub-advisory agreements are referred to as the "Advisory Agreements").

At the Meeting, the Board considered a variety of factors when considering the approval of the Advisory Agreements for the Selectively Hedged Portfolio, including: (i) the nature, extent and quality of services that will be provided by the Advisor to the Selectively Hedged Portfolio, including the resources of the Advisor to be dedicated to the Selectively Hedged Portfolio; (ii) the performance of the Advisor; (iii) the fees and expenses that will be borne by the Selectively Hedged Portfolio; (iv) the profitability realized by the Advisor from its relationship with the Selectively Hedged Portfolio; (v) whether economies of scale will be realized by the Advisor with respect to the Selectively Hedged Portfolio as it grows larger, and the extent to which the economies of scale are reflected in the level of the advisory fees charged for the benefit of investors; (vi) comparisons of the services to be rendered and the amounts to be paid under oth er advisory contracts; and (vii) any benefits to be derived by the Advisor from its relationship with the Selectively Hedged Portfolio.

When considering the nature, extent and quality of the services that will be provided by the Advisor to the Selectively Hedged Portfolio, and the resources of the Advisor dedicated to the Selectively Hedged Portfolio, the Board reviewed the experience and expertise of the Advisor's investment professionals who will furnish management services to the Portfolio. The Board also evaluated the Advisor's investment advisory capabilities and the portfolio management process described for the Selectively Hedged Portfolio. The Board noted that the services that were proposed to be provided to the Selectively Hedged Portfolio were consistent with the range of services currently provided to other investment portfolios managed by the Advisor. The Board concluded that the nature, extent and quality of services that the Advisor was proposing to provide to the Selectively Hedged Portfolio appeared to be consistent with the Portfolio's anticipated operation al requirements.

The Board also considered the proposed fees and projected expenses for the Selectively Hedged Portfolio, and compared the fees to be charged to the Selectively Hedged Portfolio by the Advisor to the fees charged by the Advisor to other relevant investment portfolios managed by the Advisor, and to the fees charged other mutual funds managed by third parties in the Portfolio's anticipated peer group for comparable services. The Board concluded, among other things, that the proposed advisory fee and anticipated total expenses of the Selectively Hedged Portfolio appeared to compare favorably to expected peer mutual funds managed by others and to other investment portfolios managed by the Advisor, and that the proposed advisory fee for the Selectively Hedged Portfolio was fair, both

230

on an absolute basis and in comparison with other funds likely to be in the Portfolio's peer group. The Board also concluded that, given that the Selectively Hedged Portfolio's proposed advisory fee likely ranking among the lowest of its peer funds, economies of scale and the reflection of such economies of scale in the level of advisory fee charged were inapplicable to the Portfolio at the present time.

The Board also noted that, as the Selectively Hedged Portfolio had not yet commenced investment operations, there was no investment performance for either the Selectively Hedged Portfolio or the Advisor in managing the Portfolio for the Board to evaluate. Furthermore, the Board noted that the Advisor could not report any financial results from its relationship with the Selectively Hedged Portfolio because the Portfolio had not yet commenced investment operations, and thus, the Board could not evaluate profitability.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the approval of the Advisory Agreements for the Selectively Hedged Portfolio was in the best interests of the Portfolio and its shareholders.

231

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-001S

DIMENSIONAL INVESTMENT GROUP INC.

LWAS/DFA U.S. High Book to Market Portfolio

LWAS/DFA Two-Year Fixed Income Portfolio

LWAS/DFA Two-Year Government Portfolio

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA International High Book
to Market Portfolio

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc.

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Schedules of Investments

LWAS/DFA Two-Year Fixed Income Portfolio		4

LWAS/DFA Two-Year Government Portfolio		5

Statements of Assets and Liabilities		6

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		12

DFA Investment Dimensions Group Inc.

Disclosure of Fund Expenses		17

Disclosure of Portfolio Holdings		18

Statement of Assets and Liabilities		19

Statement of Operations		20

Statements of Changes in Net Assets		21

Financial Highlights		22

Notes to Financial Statements		23

The DFA Investment Trust Company

Disclosure of Fund Expenses		27

Disclosure of Portfolio Holdings		28

Summary Schedules of Portfolio Holdings

The U.S. Large Cap Value Series		29

The DFA International Value Series		31

Statements of Assets and Liabilities		35

Statements of Operations		36

Statements of Changes in Net Assets		37

Financial Highlights		38

Notes to Financial Statements		39

Voting Proxies on Fund Portfolio Securities		46

Board Approval of Investment Advisory Agreements		47

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

DFA INVESTMENT DIMENSIONS GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statements of Assets and Liabilities/Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of May 31, 2008.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLES

LWAS/DFA U.S. High Book to Market Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,000.70		0.33	%	$	1.65
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.35		0.33	%	$	1.67
LWAS/DFA Two-Year Fixed Income Portfolio
Actual Fund Return	$	1,000.00	$	1,016.30		0.30	%	$	1.51
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.50		0.30	%	$	1.52
LWAS/DFA Two-Year Government Portfolio
Actual Fund Return	$	1,000.00	$	1,010.60		0.29	%	$	1.46
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.55		0.29	%	$	1.47

** The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

The SEC requires that all Funds present their categories of portfolio holdings in a table, chart or graph format in their annual and semi-annual shareholder reports, whether or not a Schedule of Investments is utilized. The following tables, which presents portfolio holdings as a percent of total investments before short-term investments and collateral for loaned securities, are provided in compliance with such requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

FEEDER FUND

				Affiliated Investment Company
LWAS/DFA U.S. High Book to Market Portfolio					100.0	%

FIXED INCOME PORTFOLIOS

	Corporate			Government			Foreign Corporate			Foreign Government			Total
LWAS/DFA Two-Year Fixed Income Portfolio		37.1	%		13.3	%		47.0	%		2.6	%		100.0	%
LWAS/DFA Two-Year Government Portfolio		—			100.0	%		—			—			100.0	%

LWAS/DFA TWO-YEAR FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (13.2%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	900	$	893,446
Federal Home Loan Bank 2.375%, 04/30/10		1,400		1,379,925
4.875%, 05/14/10		2,500		2,580,377
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		4,800		4,775,002
Federal National Mortgage Association 2.375%, 05/20/10		2,500		2,464,028
TOTAL AGENCY OBLIGATIONS				12,092,778
BONDS — (25.0%)
American Express Centurion Floating Rate Note (r) 5.561%, 06/12/09		2,100		2,083,805
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		2,400		2,398,788
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		2,200		2,174,414
General Electric Capital Corp. 7.375%, 01/19/10		2,100		2,213,938
IBM International Group Floating Rate Note (r) 3.584%, 07/29/09		1,200		1,202,880
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		2,400		2,393,700
Paccar Financial Corp. Floating Rate Note (r) 4.966%, 09/21/09		1,450		1,446,311
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		2,000		1,978,646
Wal-Mart Stores, Inc. 6.875%, 08/10/09		2,400		2,502,410
Wells Fargo & Co. Floating Rate Note (r) 5.091%, 09/15/09		2,200		2,193,983
Western Corp. Credit Union Floating Rate Note (r) 5.340%, 09/25/08		2,200		2,195,767
TOTAL BONDS				22,784,642
CERTIFICATES OF DEPOSIT INTEREST BEARING — (5.3%)
Barclays Bank 2.680%, 07/01/08		2,400		2,400,000
Royal Bank of Canada 2.540%, 08/12/08		2,400		2,400,000
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				4,800,000
COMMERCIAL PAPER — (56.3%)
Abbey National North America 2.520%, 08/18/08		2,400		2,386,187
Allianz Finance Corp. 2.380%, 06/03/08		2,000		1,999,493

	Face Amount		Value†
	(000)
Archer-Daniels-Midland Co. 2.300%, 06/24/08	$	2,400	$	2,396,065
AstraZeneca P.L.C. 2.670%, 11/12/08		2,400		2,368,715
Bank of America Corp. 2.560%, 08/04/08		1,600		1,592,479
Bank of Nova Scotia 2.520%, 08/13/08		2,300		2,287,685
BASF AG 2.350%, 06/02/08		2,400		2,399,544
BNP Paribas Finance, Inc. 2.810%, 06/18/08		2,400		2,397,061
Caisse Centrale Desjardins Du Quebec 2.560%, 08/25/08		2,500		2,484,183
CBA (DE) Finance, Inc. 2.670%, 07/11/08		400		398,869
2.540%, 08/21/08		2,000		1,988,002
Ciesco L.P. 2.680%, 06/02/08		700		699,843
2.500%, 06/09/08		1,700		1,698,730
Danske Corp. 2.570%, 08/14/08		2,400		2,386,958
Dexia Delaware LLC 2.725%, 07/11/08		2,400		2,393,213
Eksportfinans 2.320%, 07/09/08		2,400		2,393,581
Kittyhawk Funding Corp. 2.620%, 06/02/08		2,200		2,199,505
Lloyds TSB Bank P.L.C. 2.540%, 08/11/08		2,600		2,586,492
New Center Asset Trust 2.800%, 06/11/08		2,300		2,297,938
Rabobank USA Financial Corp. 2.850%, 07/21/08		2,400		2,391,410
Societe Generale North America 2.700%, 08/05/08		2,400		2,388,664
Svenska Handelsbanken 2.550%, 08/11/08		2,500		2,487,012
UBS Finance Delaware, Inc. 2.880%, 06/02/08		2,400		2,399,544
Westpac Banking Corp. 2.420%, 06/19/08		2,400		2,396,893
TOTAL COMMERCIAL PAPER				51,418,066
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $1,240,000 FNMA 3.50%, 03/25/33, valued at $214,847) to be repurchased at $211,034		211		211,000
TOTAL INVESTMENTS — (100.0%) (Cost $91,448,617)			$	91,306,486

See accompanying Notes to Financial Statements.
4

LWAS/DFA TWO-YEAR GOVERNMENT PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (99.2%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	29,300	$	29,086,637
4.750%, 05/07/10		5,000		5,149,020
Federal Home Loan Bank 2.750%, 03/12/10		50,000		49,676,050
4.375%, 03/17/10		4,400		4,496,923
2.375%, 04/30/10		18,300		18,037,596
4.875%, 05/14/10		10,000		10,321,510
Federal Home Loan Bank Discount Notes 2.070%, 06/20/08		8,700		8,691,083
2.055%, 07/23/08		800		797,598
TOTAL AGENCY OBLIGATIONS				126,256,417
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $1,275,000 FNMA 5.00%, 06/01/22, valued at $1,091,864) to be repurchased at $1,075,174		1,075		1,075,000
TOTAL INVESTMENTS — (100.0%) (Cost $127,835,778)			$	127,331,417

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

LWAS/DFA U.S. HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (5,227,937 Shares) at Value†	$	113,760
Receivables:
Affiliated Investment Company Shares Sold		6
Fund Shares Sold		20
Prepaid Expenses and Other Assets		12
Total Assets		113,798
LIABILITIES:
Payables:
Fund Shares Redeemed		26
Due to Advisor		1
Accrued Expenses and Other Liabilities		29
Total Liabilities		56
NET ASSETS	$	113,742
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,892,585
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	14.41
Investment at Cost	$	70,887
NET ASSETS CONSIST OF:
Paid-In Capital	$	82,107
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(54	)
Accumulated Net Realized Gain (Loss)		(11,184	)
Net Unrealized Appreciation (Depreciation)		42,873
NET ASSETS	$	113,742
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

	LWAS/DFA Two-Year Fixed Income Portfolio			LWAS/DFA Two-Year Government Portfolio
ASSETS:
Investments at Value	$	91,096		$	126,256
Temporary Cash Investments at Value		211			1,075
Cash		—			1
Receivables:
Interest		212			549
Fund Shares Sold		—			385
Prepaid Expenses and Other Assets		12			14
Total Assets		91,531			128,280
LIABILITIES:
Payables:
Fund Shares Redeemed		22			25
Due to Advisor		11			16
Accrued Expenses and Other Liabilities		18			20
Total Liabilities		51			61
NET ASSETS	$	91,480		$	128,219
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		9,251,944			13,074,640
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	9.89		$	9.81
Investments at Cost	$	91,238		$	126,761
Temporary Cash Investments at Cost	$	211		$	1,075
NET ASSETS CONSIST OF:
Paid-In Capital	$	92,168		$	128,873
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		591			664
Accumulated Net Realized Gain (Loss)		(1,137	)		(813	)
Net Unrealized Appreciation (Depreciation)		(142	)		(505	)
NET ASSETS	$	91,480		$	128,219
(1) NUMBER OF SHARES AUTHORIZED		200,000,000			200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	LWAS/DFA U.S. High Book to Market Portfolio			LWAS/DFA Two-Year Fixed Income Portfolio			LWAS/DFA Two-Year Government Portfolio
Investment Income
Income Distributions Received from Affiliated Investment Company	$	460			—			—
Interest		—		$	1,700		$	1,814
Total Investment Income		460			1,700			1,814
Expenses
Investment Advisory Services Fees		—			71			89
Administrative Services Fees		6			—			—
Accounting & Transfer Agent Fees		7			16			17
Shareholder Servicing Fees		83			38			47
Custodian Fees		—			2			1
Filing Fees		9			8			9
Shareholders' Reports		8			6			5
Legal Fees		1			1			1
Audit Fees		1			1			1
Other		2			1			2
Total Expenses		117			144			172
Net Investment Income (Loss)		343			1,556			1,642
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on Investment Securities Sold/ Affiliated Investment Company Shares Sold		(449	)		(8	)		4
Change in Unrealized Appreciation (Depreciation) of Investment Securities/Affiliated Investment Company Shares		(112	)		(80	)		(538	)
Net Realized and Unrealized Gain (Loss)		(561	)		(88	)		(534	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(218	)	$	1,468		$	1,108

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	LWAS/DFA U.S. High Book to Market Portfolio						LWAS/DFA Two-Year Fixed Income Portfolio						LWAS/DFA Two-Year Government Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	343		$	1,551		$	1,556		$	4,543		$	1,642		$	4,053
Capital Gain Distributions Received from Affiliated Investment Company		—			6,681			—			—			—			—
Net Realized Gain (Loss) on Investment Securities Sold/Affiliated Investment Company Shares Sold		(449	)		136			(8	)		(2	)		4			(1	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities/ Affiliated Investment Company Shares		(112	)		(8,837	)		(80	)		(24	)		(538	)		97
Net Increase (Decrease) in Net Assets Resulting from Operations		(218	)		(469	)		1,468			4,517			1,108			4,149
Distributions From:
Net Investment Income		(792	)		(1,533	)		(2,120	)		(4,369	)		(2,103	)		(3,767	)
Net Short-Term Gains		(16	)		(506	)		—			—			—			—
Net Long-Term Gains		(6,420	)		(3,294	)		—			—			—			—
Total Distributions		(7,228	)		(5,333	)		(2,120	)		(4,369	)		(2,103	)		(3,767	)
Capital Share Transactions (1):
Shares Issued		4,113			11,690			4,504			18,206			30,162			50,978
Shares Issued in Lieu of Cash Distributions		6,076			4,529			1,746			3,631			1,649			3,311
Shares Redeemed		(8,834	)		(15,567	)		(10,560	)		(11,625	)		(12,935	)		(17,281	)
Net Increase (Decrease) from Capital Share Transactions		1,355			652			(4,310	)		10,212			18,876			37,008
Total Increase (Decrease) in Net Assets		(6,091	)		(5,150	)		(4,962	)		10,360			17,881			37,390
Net Assets
Beginning of Period		119,833			124,983			96,442			86,082			110,338			72,948
End of Period	$	113,742		$	119,833		$	91,480		$	96,442		$	128,219		$	110,338
(1) Shares Issued and Redeemed:
Shares Issued		295			714			456			1,837			3,071			5,179
Shares Issued in Lieu of Cash Distributions		430			285			178			369			168			339
Shares Redeemed		(640	)		(955	)		(1,070	)		(1,175	)		(1,316	)		(1,758	)
		85			44			(436	)		1,031			1,923			3,760
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(54	)	$	395		$	591		$	1,155		$	664		$	1,125

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

LWAS/DFA U.S. HIGH BOOK TO MARKET PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	15.35		$	16.10		$	13.91		$	12.28		$	10.23		$	8.74
Income from Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.20	(A)		0.23	(A)		0.19			0.10			0.13
Net Gains (Losses) (Realized and Unrealized)		(0.05	)		(0.26	)		2.23			1.57			2.08			1.59
Total from Investment Operations		(0.01	)		(0.06	)		2.46			1.76			2.18			1.72
Less Distributions
Net Investment Income		(0.10	)		(0.20	)		(0.22	)		(0.13	)		(0.13	)		(0.12	)
Net Realized Gains		(0.83	)		(0.49	)		(0.05	)		—			—			(0.11	)
Total Distributions		(0.93	)		(0.69	)		(0.27	)		(0.13	)		(0.13	)		(0.23	)
Net Assets Value, End of Period	$	14.41		$	15.35		$	16.10		$	13.91		$	12.28		$	10.23
Total Return		0.07	%(C)		(0.51	)%		17.90	%		14.44	%		21.45	%		20.18	%
Net Assets, End of Period (thousands)	$	113,742		$	119,833		$	124,983		$	103,311		$	92,494		$	76,487
Ratio of Expenses to Average Net Assets (D)		0.33	%(B)		0.32	%		0.32	%		0.34	%		0.35	%		0.36	%
Ratio of Net Investment Income to Average Net Assets		0.62	%(B)		1.20	%		1.54	%		1.43	%		0.87	%		1.39	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	LWAS/DFA Two-Year Fixed Income Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.95		$	9.94		$	9.82		$	9.90		$	10.17		$	10.40
Income from Investment Operations
Net Investment Income (Loss)		0.16	(A)		0.49	(A)		0.35	(A)		0.27			0.16			0.23
Net Gains (Losses) on Securities (Realized and Unrealized)		—			—			0.08			(0.11	)		(0.08	)		(0.01	)
Total from Investment Operations		0.16			0.49			0.43			0.16			0.08			0.22
Less Distributions
Net Investment Income		(0.22	)		(0.48	)		(0.31	)		(0.24	)		(0.14	)		(0.22	)
Net Realized Gains		—			—			—			—			(0.21	)		(0.23	)
Total Distributions		(0.22	)		(0.48	)		(0.31	)		(0.24	)		(0.35	)		(0.45	)
Net Asset Value, End of Period	$	9.89		$	9.95		$	9.94		$	9.82		$	9.90		$	10.17
Total Return		1.63	%(C)		5.03	%		4.47	%		1.65	%		0.85	%		2.15	%
Net Assets, End of Period (thousands)	$	91,480		$	96,442		$	86,082		$	80,199		$	80,584		$	73,101
Ratio of Expenses to Average Net Assets		0.30	%(B)		0.31	%		0.31	%		0.36	%		0.38	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		3.30	%(B)		4.94	%		3.57	%		2.72	%		1.65	%		1.72	%
Portfolio Turnover Rate		13	%(C)		22	%		15	%		48	%		152	%		171	%

	LWAS/DFA Two-Year Government Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.89		$	9.87		$	9.75		$	9.83		$	10.13		$	10.46
Income from Investment Operations
Net Investment Income (Loss)		0.14	(A)		0.46	(A)		0.34	(A)		0.26			0.17			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.04	)		0.01			0.08			(0.10	)		(0.06	)		0.06
Total from Investment Operations		0.10			0.47			0.42			0.16			0.11			0.22
Less Distributions
Net Investment Income		(0.18	)		(0.45	)		(0.30	)		(0.24	)		(0.15	)		(0.20	)
Net Realized Gains		—			—			—			—			(0.26	)		(0.35	)
Total Distributions		(0.18	)		(0.45	)		(0.30	)		(0.24	)		(0.41	)		(0.55	)
Net Asset Value, End of Period	$	9.81		$	9.89		$	9.87		$	9.75		$	9.83		$	10.13
Total Return		1.06	%(C)		4.85	%		4.42	%		1.67	%		1.10	%		2.11	%
Net Assets, End of Period (thousands)	$	128,219		$	110,338		$	72,948		$	68,708		$	69,853		$	85,140
Ratio of Expenses to Average Net Assets		0.29	%(B)		0.31	%		0.32	%		0.37	%		0.36	%		0.35	%
Ratio of Net Investment Income to Average Net Assets		2.78	%(B)		4.66	%		3.45	%		2.67	%		1.63	%		1.57	%
Portfolio Turnover Rate		0	%(C)		0	%		29	%		44	%		142	%		216	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
11

  DIMENSIONAL INVESTMENT GROUP INC.
  NOTES TO FINANCIAL STATEMENTS
  (Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which three (the "Portfolios") are presented in this report.

The LWAS/DFA U.S. High Book to Market Portfolio ("Feeder Fund") primarily invests its assets in The U.S. Large Cap Value Series (the "Series"), a corresponding Series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 1% of the outstanding shares of the Series.

The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Fund.

B. Significant Accounting Policies:

1. Security Valuation: The shares of The U.S. Large Cap Value Series held by the LWAS/DFA U.S. High Book to Market Portfolio are valued at its daily net asset value. Securities held by the LWAS/DFA Two-Year Fixed Income Portfolio and the LWAS/DFA Two-Year Government Portfolio are valued on the basis of prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities which are traded over-the counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available, (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Portfolios' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
LWAS/DFA U.S. High Book to Market Portfolio	$	113,760		—		—	$	113,760
LWAS/DFA Two-Year Fixed Income Portfolio		—	$	91,306		—		91,306
LWAS/DFA Two-Year Government Portfolio		—		127,331		—		127,331

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two- Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses.

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Interest income is recorded on the accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses directly attributable to the Portfolios are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to one of the Portfolios, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to two of the Portfolios. For the six months ended May 31, 2008, the Portfolios' administrative services fees or investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

	Administrative Services Fees			Advisory Services Fees
LWAS/DFA U.S. High Book to Market Portfolio		0.01	%		—
LWAS/DFA Two-Year Fixed Income Portfolio		—			0.15	%
LWAS/DFA Two-Year Government Portfolio		—			0.15	%

In addition, pursuant to a Client Service Agreement with LWI Financial Inc. ("LWIF"), the Portfolios pay fees to LWIF at the following effective annual rates of their average daily net assets:

	Shareholder Servicing Fees
LWAS/DFA U.S. High Book to Market Portfolio		0.15	%
LWAS/DFA Two-Year Fixed Income Portfolio		0.08	%
LWAS/DFA Two-Year Government Portfolio		0.08	%

Fees Paid to Officers and Directors/Trustees:

Fund to the CCO were $14 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

LWAS/DFA U.S. High Book to Market Portfolio	$	2
LWAS/DFA Two-Year Fixed Income Portfolio		2
LWAS/DFA Two-Year Government Portfolio		2

E. Purchases and Sales of Securities:

For the six months ended May 31, 2008, the Portfolios made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
LWAS/DFA Two-Year Fixed Income Portfolio	$	14,372		—	$	9,748	$	2,393
LWAS/DFA Two-Year Government Portfolio		117,272		—		—		—

F. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes were reclassified to the following accounts. These reclassifications had no effect on net asset value per share (amount s in thousands):

				Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
LWAS/DFA U.S. High Book to Market Portfolio				$	312			$	(65	)		$	(247	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
LWAS/DFA U.S. High Book to Market Portfolio 2006		$2,002		$217		$2,219
2007		2,104		3,541		5,645
LWAS/DFA Two-Year Fixed Income Portfolio 2006		2,600		—		2,600
2007		4,369		—		4,369
LWAS/DFA Two-Year Government Portfolio 2006		2,246		—		2,246
2007		3,767		—		3,767

At November 30, 2007, the following net investment income and short-term capital gain and long-term capital gain distributions designated for federal income tax purposes are due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

				Net Investment Income and Short-Term Capital Gains				Long-Term Capital Gains				Total
LWAS/DFA U.S. High Book to Market Portfolio				$	65			$	247			$	312

At November 30, 2007 the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings/ (Accumulated Losses)
LWAS/DFA U.S. High Book to Market Portfolio	$	406	$	6,420		—		$	6,826
LWAS/DFA Two-Year Fixed Income Portfolio		1,156		—	$	(1,129	)		27
LWAS/DFA Two-Year Government Portfolio		1,127		—		(811	)		316

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007 the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on November 30,
	2012		2013		2014		2015		Total
LWAS/DFA Two-Year Fixed Income Portfolio	$	454	$	470	$	202	$	3	$	1,129
LWAS/DFA Two-Year Government Portfolio		393		364		53		1		811

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
LWAS/DFA U.S. High Book to Market Portfolio	$	81,634	$	42,873	$	(10,747	)	$	32,126
LWAS/DFA Two-Year Fixed Income Portfolio		91,449		5		(147	)		(142	)
LWAS/DFA Two-Year Government Portfolio		127,842		1		(512	)		(511	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolios' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements.

G. Financial Instruments:

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the Financial Statements and concentrations of credit and market risk. The instruments and its significant corresponding risks are described below:

Repurchase Agreements: The LWAS/DFA Two-Year Fixed Income Portfolio and the LWAS/DFA Two-Year Government Portfolio may purchase money market instruments subject to the counterparty's agreement to

repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Fund's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on May 30, 2008.

H. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borr owings by the Portfolios under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolios under this line of credit during the six months ended May 31 2008.

I. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

J. Recently Issued Accounting Standards and Interpretation:

K. Other:

At May 31, 2008, the following number of shareholders held the following approximate percentages of outstanding shares of the Portfolios. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding Shares
LWAS/DFA U.S. High Book to Market Portfolio		2		96	%
LWAS/DFA Two-Year Fixed Income Portfolio		3		99	%
LWAS/DFA Two-Year Government Portfolio		2		94	%

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Please note that the expenses shown in the table. are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, if applicable. The "Annualized Expense Ratio" represents the actual expenses for the six-month period indicated.

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	937.80		0.47	%	$	2.28
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.65		0.47	%	$	2.38

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (7,574,547 Shares) at Value†	$	161,262
Receivables:
Affiliated Investment Company Shares Sold		69
Fund Shares Sold		23
Prepaid Expenses and Other Assets		11
Total Assets		161,365
LIABILITIES:
Payables:
Fund Shares Redeemed		92
Due to Advisor		1
Accrued Expenses and Other Liabilities		45
Total Liabilities		138
NET ASSETS	$	161,227
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,612,563
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.18
Investment at Cost	$	67,093
NET ASSETS CONSIST OF:
Paid-In Capital	$	59,961
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(97	)
Accumulated Net Realized Gain (Loss)		7,194
Net Unrealized Appreciation (Depreciation)		94,169
NET ASSETS	$	161,227
(1) NUMBER OF SHARES AUTHORIZED		100,000,000

See accompanying Notes to Financial Statements.
19

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	546
Expenses
Administrative Services Fees		8
Accounting & Transfer Agent Fees		7
Shareholder Servicing Fees		155
Filing Fees		8
Shareholders' Reports		12
Legal Fees		1
Audit Fees		1
Other		2
Total Expenses		194
Net Investment Income (Loss)		352
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		12,068
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		400
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(24,487	)
Net Realized and Unrealized Gain (Loss)		(12,019	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(11,667	)

See accompanying Notes to Financial Statements.
20

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	352		$	5,215
Capital Gain Distributions Received from Affiliated Investment Company		12,068			4,751
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		400			7,417
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(24,487	)		12,046
Net Increase (Decrease) in Net Assets Resulting from Operations		(11,667	)		29,429
Distributions From:
Net Investment Income		(971	)		(4,570	)
Net Short-Term Gains		(1,075	)		(1,512	)
Net Long-Term Gains		(10,361	)		(3,475	)
Total Distributions		(12,407	)		(9,557	)
Capital Share Transactions (1):
Shares Issued		4,760			12,669
Shares Issued in Lieu of Cash Distributions		10,569			8,135
Shares Redeemed		(15,267	)		(35,421	)
Net Increase (Decrease) from Capital Share Transactions		62			(14,617	)
Total Increase (Decrease) in Net Assets		(24,012	)		5,255
Net Assets
Beginning of Period		185,239			179,984
End of Period	$	161,227		$	185,239
(1) Shares Issued and Redeemed:
Shares Issued		225			540
Shares Issued in Lieu of Cash Distributions		493			359
Shares Redeemed		(722	)		(1,504	)
		(4	)		(605	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(97	)	$	522

See accompanying Notes to Financial Statements.
21

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.32		$	21.89		$	17.49		$	15.93		$	12.55		$	9.61
Income from Investment Operations
Net Investment Income (Loss)		0.05	(A)		0.65	(A)		0.61	(A)		0.48			0.27			0.24
Net Gains (Losses) (Realized and Unrealized)		(1.54	)		2.98			5.23			1.87			3.63			3.07
Total from Investment Operations		(1.49	)		3.63			5.84			2.35			3.90			3.31
Less Distributions
Net Investment Income		(0.13	)		(0.58	)		(0.63	)		(0.43	)		(0.51	)		(0.24	)
Net Realized Gains		(1.52	)		(0.62	)		(0.81	)		(0.36	)		(0.01	)		(0.13	)
Total Distributions		(1.65	)		(1.20	)		(1.44	)		(0.79	)		(0.52	)		(0.37	)
Net Asset Value, End of Period	$	21.18		$	24.32		$	21.89		$	17.49		$	15.93		$	12.55
Total Return		(6.22	)%(C)		17.05	%		35.40	%		15.32	%		31.89	%		35.96	%
Net Assets, End of Period (thousands)	$	161,227		$	185,239		$	179,984		$	138,782		$	130,397		$	109,942
Ratio of Expenses to Average Net Assets (D)		0.47	%(B)		0.46	%		0.47	%		0.50	%		0.52	%		0.55	%
Ratio of Net Investment Income to Average Net Assets		0.43	%(B)		2.76	%		3.14	%		2.88	%		1.88	%		2.20	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
22

  DFA INVESTMENT DIMENSIONS GROUP INC.
  LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO
  NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifty-three operational portfolios, of which the LWAS/DFA International High Book to Market Portfolio ("the Portfolio") is presented in this report.

The financial statements of the Series are included elsewhere in this report and should be read in conjunction with these financial statements.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at its daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
LWAS/DFA International High Book to Market Portfolio	$	161,262		—		—	$	161,262

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

In addition, pursuant to a Client Service Agreement with LWI Financial Inc. ("LWIF"), the Portfolio pays a Shareholder Servicing fee to LWIF at the effective annual rate of 0.19% of its average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended May 31, 2008, the total related amounts paid by the Fund to the CCO were $85 (in thousands). The total related amount paid by the Portfolio is included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

deduction for income tax purposes were reclassified to the following accounts. These reclassifications had no effect on net asset value per share (amounts in thousands):

				Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
LWAS/DFA International High Book to Market Portfolio				$	806			$	(262	)		$	(544	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gain		Total
2006	$	6,063	$	5,851	$	11,914
2007		6,376		3,987		10,363

				Net Investment Income and Short-Term Capital Gains				Long-Term Capital Gains				Total
LWAS/DFA International High Book to Market Portfolio				$	294			$	512			$	806

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

				Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
				$	1,175			$	10,356			$	11,531

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

				Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
				$	71,983			$	94,169			$	(4,890	)		$	89,279

ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolio's financial statements.

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borrowing s by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held approximately 94% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLES

The U.S. Large Cap Value Series	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,002.00		0.12	%	$	0.60
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.12	%	$	0.61
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	939.00		0.23	%	$	1.11
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.85		0.23	%	$	1.16

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

	Consumer Discretionary			Consumer Staples			Energy			Financials			Health Care			Industrials			Information Technology			Materials			Telecommunication Services			Utilities			Total
The U.S. Large Cap Value Series		16.0	%		4.8	%		16.5	%		32.2	%		0.6	%		15.4	%		4.6	%		3.4	%		6.5	%		—			100.0	%
The DFA International Value Series		12.7	%		3.0	%		6.0	%		43.3	%		0.4	%		9.0	%		3.0	%		12.0	%		7.4	%		3.2	%		100.0	%

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (90.6%)
Consumer Discretionary — (14.6%)
# CBS Corp. Class B		5,687,606	$	122,738,537		1.2	%
Clear Channel Communications, Inc.		1,942,666		68,032,163		0.7	%
# Comcast Corp. Class A		12,429,142		279,655,695		2.8	%
*# Ford Motor Co.		11,321,890		76,988,852		0.8	%
# General Motors Corp.		4,413,900		75,477,690		0.8	%
* IAC/InterActiveCorp.		2,097,251		47,293,010		0.5	%
* Liberty Media Corp. - Entertainment Class A		3,931,872		106,160,544		1.1	%
* Liberty Media Holding Corp. Interactive Class A		4,235,162		71,955,402		0.7	%
Time Warner, Inc.		18,688,980		296,781,002		2.9	%
Other Securities				479,707,827		4.6	%
Total Consumer Discretionary				1,624,790,722		16.1	%
Consumer Staples — (4.4%)
Archer-Daniels-Midland Co.		1,240,260		49,238,322		0.5	%
Coca-Cola Enterprises, Inc.		3,580,472		72,110,706		0.7	%
Kraft Foods, Inc.		4,030,190		130,900,571		1.3	%
SUPERVALU, Inc.		1,536,742		53,893,542		0.5	%
Other Securities				177,920,030		1.8	%
Total Consumer Staples				484,063,171		4.8	%
Energy — (15.0%)
Anadarko Petroleum Corp.		3,481,656		261,019,750		2.6	%
Apache Corp.		2,319,190		310,910,611		3.1	%
# Chesapeake Energy Corp.		3,199,938		175,260,604		1.7	%
ConocoPhillips		3,507,507		326,548,902		3.2	%
Devon Energy Corp.		1,997,042		231,537,049		2.3	%
# Pioneer Natural Resources Co.		786,498		56,462,691		0.6	%
Valero Energy Corp.		1,239,275		63,004,741		0.6	%
Other Securities				238,752,168		2.4	%
Total Energy				1,663,496,516		16.5	%
Financials — (29.0%)
Allstate Corp.		2,126,900		108,344,286		1.1	%
# American International Group, Inc.		3,921,610		141,177,960		1.4	%
Bank of America Corp.		6,581,274		223,829,129		2.2	%
# Capital One Financial Corp.		1,606,984		77,328,070		0.8	%
Chubb Corp.		1,482,600		79,704,576		0.8	%
# Cincinnati Financial Corp.		1,328,489		46,523,685		0.5	%
# CNA Financial Corp.		1,929,282		58,630,880		0.6	%
Hartford Financial Services Group, Inc.		1,157,500		82,263,525		0.8	%
JPMorgan Chase & Co.		7,876,534		338,690,962		3.4	%
Lincoln National Corp.		1,092,926		60,285,798		0.6	%
# Loews Corp.		3,874,202		192,044,193		1.9	%
# Merrill Lynch & Co., Inc.		1,433,140		62,943,509		0.6	%
# MetLife, Inc.		5,587,198		335,399,496		3.3	%
Morgan Stanley		1,602,371		70,872,869		0.7	%
Principal Financial Group, Inc.		1,193,300		64,295,004		0.6	%
Prudential Financial, Inc.		1,861,400		139,046,580		1.4	%
The Travelers Companies, Inc.		5,164,209		257,229,250		2.5	%
# Unum Group		2,446,189		58,904,231		0.6	%
Other Securities				824,610,099		8.1	%
Total Financials				3,222,124,102		31.9	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (0.5%)
Total Health Care			$	55,725,577		0.6	%
Industrials — (14.0%)
# Burlington Northern Santa Fe Corp.		2,216,173		250,538,358		2.5	%
CSX Corp.		3,367,404		232,552,920		2.3	%
Norfolk Southern Corp.		3,209,002		216,222,555		2.1	%
# Northrop Grumman Corp.		2,635,484		198,873,623		2.0	%
Raytheon Co.		740,994		47,319,877		0.5	%
# Southwest Airlines Co.		5,164,520		67,448,631		0.7	%
Union Pacific Corp.		4,137,400		340,549,394		3.4	%
Other Securities				198,826,581		1.9	%
Total Industrials				1,552,331,939		15.4	%
Information Technology — (4.1%)
* Computer Sciences Corp.		1,385,243		68,084,693		0.7	%
Electronic Data Systems Corp.		2,164,600		53,011,054		0.5	%
Other Securities				336,133,746		3.3	%
Total Information Technology				457,229,493		4.5	%
Materials — (3.1%)
# Weyerhaeuser Co.		1,440,429		89,781,940		0.9	%
Other Securities				250,480,280		2.5	%
Total Materials				340,262,220		3.4	%
Telecommunication Services — (5.9%)
AT&T, Inc.		8,217,218		327,866,998		3.2	%
Verizon Communications, Inc.		6,654,852		256,012,156		2.5	%
Other Securities				73,970,965		0.8	%
Total Telecommunication Services				657,850,119		6.5	%
TOTAL COMMON STOCKS				10,057,873,859		99.7	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $36,785,000 FHLMC 6.50%, 08/01/37, valued at $34,771,036) to be repurchased at $34,260,538	$	34,255		34,255,000		0.3	%
SECURITIES LENDING COLLATERAL — (9.1%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,208,778,964 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 04/01/12 to 05/01/48, valued at $924,550,951) to be repurchased at $897,798,066		897,622		897,622,282		8.9	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $214,255,654 FNMA, rates ranging from 5.000% to 8.000%, maturities ranging from 02/01/10 to 05/01/38, valued at $115,483,990) to be repurchased at $112,136,637		112,116		112,115,522		1.1	%
TOTAL SECURITIES LENDING COLLATERAL				1,009,737,804		10.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,790,024,787)			$	11,101,866,663		110.0	%

See accompanying Notes to Financial Statements.
30

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (5.0%)
COMMON STOCKS — (5.0%)
Australia & New Zealand Banking Group, Ltd.		3,303,028	$	68,549,078		0.8	%
Commonwealth Bank of Australia		2,106,388		85,313,967		1.0	%
National Australia Bank, Ltd.		3,179,770		95,305,976		1.1	%
Other Securities				236,639,152		2.6	%
TOTAL — AUSTRALIA				485,808,173		5.5	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				70,026,299		0.8	%
BELGIUM — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				60,354,605		0.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				313		0.0	%
TOTAL — BELGIUM				60,354,918		0.7	%
CANADA — (5.7%)
COMMON STOCKS — (5.7%)
Barrick Gold Corp.		1,398,132		56,327,721		0.6	%
# EnCana Corp.		1,030,498		92,834,014		1.1	%
# Petro-Canada		929,700		53,643,016		0.6	%
# Sun Life Financial, Inc.		1,300,100		60,516,933		0.7	%
Other Securities				295,828,949		3.4	%
TOTAL — CANADA				559,150,633		6.4	%
DENMARK — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				101,745,214		1.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,378,580		0.0	%
TOTAL — DENMARK				103,123,794		1.2	%
FINLAND — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				92,713,863		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.4%)
# AXA SA		2,905,543		102,763,174		1.2	%
# BNP Paribas SA		1,666,604		171,886,430		2.0	%
Compagnie de Saint-Gobain		598,264		48,285,938		0.6	%
# Vivendi SA		2,556,392		107,526,605		1.2	%
Other Securities				390,990,006		4.3	%
TOTAL COMMON STOCKS				821,452,153		9.3	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				7,511,957		0.1	%
TOTAL — FRANCE				828,964,110		9.4	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (10.9%)
COMMON STOCKS — (10.9%)
Allianz SE		464,749	$	87,919,955		1.0	%
# Allianz SE Sponsored ADR		2,772,640		52,486,075		0.6	%
Daimler AG		1,734,297		131,846,664		1.5	%
# Deutsche Bank AG		801,377		85,476,644		1.0	%
# Deutsche Telekom AG Sponsored ADR		2,860,650		47,887,281		0.5	%
E.ON AG		622,579		132,091,618		1.5	%
E.ON AG Sponsored ADR		1,091,708		77,144,891		0.9	%
Munchener Rueckversicherungs-Gesellschaft AG		400,549		75,043,050		0.9	%
# Volkswagen AG		368,652		101,441,661		1.2	%
Other Securities				274,591,637		3.0	%
TOTAL — GERMANY				1,065,929,476		12.1	%
GREECE — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				18,615,955		0.2	%
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
Cheung Kong Holdings, Ltd.		3,320,000		51,127,991		0.6	%
Hutchison Whampoa, Ltd.		5,108,000		55,252,145		0.6	%
Other Securities				156,333,468		1.8	%
TOTAL — HONG KONG				262,713,604		3.0	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				64,939,114		0.7	%
ITALY — (2.2%)
COMMON STOCKS — (2.2%)
# UniCredito Italiano SpA		10,390,107		72,685,576		0.8	%
Other Securities				142,805,507		1.7	%
TOTAL — ITALY				215,491,083		2.5	%
JAPAN — (11.0%)
COMMON STOCKS — (11.0%)
Hitachi, Ltd.		6,815,000		49,087,511		0.6	%
Matsushita Electric Industrial Co., Ltd.		1,961,135		44,537,378		0.5	%
Millea Holdings, Inc.		1,629,300		67,268,372		0.8	%
Other Securities				916,044,367		10.4	%
TOTAL — JAPAN				1,076,937,628		12.3	%
NETHERLANDS — (5.6%)
COMMON STOCKS — (5.6%)
Aegon NV		3,298,073		50,316,314		0.6	%
# ArcelorMittal		1,799,437		178,598,104		2.0	%
ING Groep NV		3,203,383		122,320,179		1.4	%
Koninklijke Philips Electronics NV		3,067,255		117,828,474		1.3	%
Other Securities				78,717,019		0.9	%
TOTAL — NETHERLANDS				547,780,090		6.2	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				15,180,104		0.2	%
NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				96,852,704		1.1	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities			$	12,645,343		0.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				41,569		0.0	%
TOTAL — PORTUGAL				12,686,912		0.1	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
DBS Group Holdings, Ltd.		3,365,500		48,176,499		0.6	%
Other Securities				72,481,135		0.8	%
TOTAL — SINGAPORE				120,657,634		1.4	%
SPAIN — (4.7%)
COMMON STOCKS — (4.7%)
Banco Santander Central Hispano SA		7,329,732		152,898,519		1.7	%
# Banco Santander SA Sponsored ADR		3,044,700		63,634,230		0.7	%
Repsol YPF SA		1,537,866		63,589,565		0.7	%
# Repsol YPF SA Sponsored ADR		1,285,700		53,279,408		0.6	%
Other Securities				131,949,312		1.6	%
TOTAL — SPAIN				465,351,034		5.3	%
SWEDEN — (2.3%)
COMMON STOCKS — (2.3%)
Nordea Bank AB		4,374,518		71,164,594		0.8	%
Other Securities				151,922,950		1.7	%
TOTAL — SWEDEN				223,087,544		2.5	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
Compagnie Financiere Richemont AG Series A		1,125,900		70,175,714		0.8	%
Credit Suisse Group AG		1,826,488		93,023,052		1.1	%
Swiss Re		747,678		58,112,769		0.7	%
Zurich Financial SVCS AG		309,213		90,748,689		1.0	%
Other Securities				266,441,470		3.0	%
TOTAL COMMON STOCKS				578,501,694		6.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				2,292,905		0.0	%
TOTAL — SWITZERLAND				580,794,599		6.6	%
UNITED KINGDOM — (17.5%)
COMMON STOCKS — (17.4%)
Anglo American P.L.C.		1,902,303		129,625,102		1.5	%
Aviva P.L.C.		6,768,276		84,583,541		1.0	%
# Barclays P.L.C. Sponsored ADR		2,263,390		67,743,263		0.8	%
HBOS P.L.C.		8,458,158		67,075,693		0.8	%
# HSBC Holdings P.L.C. Sponsored ADR		2,241,143		188,726,652		2.2	%
Royal Bank of Scotland Group P.L.C.		26,156,343		118,550,555		1.4	%
Royal Dutch Shell P.L.C. ADR		1,052,345		88,112,847		1.0	%
Vodafone Group P.L.C.		60,811,202		195,272,492		2.2	%
Vodafone Group P.L.C. Sponsored ADR		6,145,818		197,219,300		2.2	%
Xstrata P.L.C.		827,417		65,472,658		0.7	%
Other Securities				506,860,037		5.7	%
TOTAL COMMON STOCKS				1,709,242,140		19.5	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				8,865,815		0.1	%
TOTAL — UNITED KINGDOM				1,718,107,955		19.6	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $11,465,000 FNMA 5.50%, 02/25/36, valued at $9,022,176) to be repurchased at $8,887,437	$	8,886	$	8,886,000		0.1	%
SECURITIES LENDING COLLATERAL — (11.2%)
@ Repurchase Agreement, Barclays Capital, Inc. 2.30%, 06/02/08 (Collateralized by $592,523,000 FHLMC 4.230%, 05/07/13 & 4.500%, 04/02/14 & FNMA 4.090%, 05/07/13, valued at $602,047,341) to be repurchased at $590,355,087		590,242		590,241,957		6.7	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $238,681,207 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 05/01/22 to 02/01/38 & FNMA, rates ranging from 5.010%(r) to 6.109%(r), maturities ranging from 08/01/12 to 11/01/36, valued at $168,249,256) to be repurchased at $164,982,554		164,950		164,950,251		1.9	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $369,731,679 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 01/01/34 to 05/01/38, valued at $354,604,951) to be repurchased at $347,715,754		347,648		347,648,252		4.0	%
TOTAL SECURITIES LENDING COLLATERAL				1,102,840,460		12.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $8,220,441,858)			$	9,796,993,686		111.6	%

See accompanying Notes to Financial Statements.
34

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

	The U.S. Large Cap Value Series		The DFA International Value Series
ASSETS:
Investments at Value (including $968,283 and $1,038,244 of securities on loan, respectively)	$	10,057,874	$	8,685,267
Temporary Cash Investments at Value		34,255		8,886
Collateral Received from Securities on Loan at Value		1,009,738		1,102,840
Foreign Currencies at Value		—		83,149
Cash		1		15
Receivables:
Investment Securities Sold		417		19,005
Dividends, Interest, and Tax Reclaims		14,611		42,675
Securities Lending Income		511		5,872
Fund Shares Sold		4,664		6,484
Prepaid Expenses and Other Assets		30		32
Total Assets		11,122,101		9,954,225
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,009,738		1,102,840
Investment Securities Purchased		17,840		66,079
Fund Shares Redeemed		302		896
Due to Advisor		837		1,483
Accrued Expenses and Other Liabilities		435		467
Total Liabilities		1,029,152		1,171,765
NET ASSETS	$	10,092,949	$	8,782,460
SHARES OUTSTANDING, $0.01 PAR VALUE (Unlimited Number of Shares Authorized)		463,872,100		412,509,956
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.76	$	21.29
Investments at Cost	$	8,746,032	$	7,108,715
Temporary Cash Investments at Cost	$	34,255	$	8,886
Collateral Received from Securities on Loan at Cost	$	1,009,738	$	1,102,840
Foreign Currencies at Cost	$	—	$	82,235
NET ASSETS CONSIST OF:
Paid-In Capital	$	8,517,981	$	6,697,333
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		42,721		198,040
Accumulated Net Realized Gain (Loss)		220,405		309,805
Net Unrealized Foreign Exchange Gain (Loss)		—		(184	)
Net Unrealized Appreciation (Depreciation)		1,311,842		1,577,466
NET ASSETS	$	10,092,949	$	8,782,460

See accompanying Notes to Financial Statements.
35

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap Value Series			The DFA International Value Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0 and $24,839, respectively)	$	82,991		$	213,593
Interest		944			654
Income from Securities Lending		1,544			12,910
Total Investment Income		85,479			227,157
Expenses
Investment Advisory Services Fees		4,802			8,762
Accounting & Transfer Agent Fees		478			440
Custodian Fees		51			553
Shareholders' Reports		50			42
Directors'/Trustees' Fees & Expenses		36			38
Legal Fees		19			18
Audit Fees		60			53
Other		33			58
Total Expenses		5,529			9,964
Net Investment Income (Loss)		79,950			217,193
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		292,276			198,179
Futures		(1,860	)		(1,153	)
Foreign Currency Transactions		—			(1,489	)
In-Kind Redemptions		48,401	*		115,020	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(409,298	)		(1,139,285	)
Translation of Foreign Currency Denominated Amounts		—			(286	)
Net Realized and Unrealized Gain (Loss)		(70,481	)		(829,014	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	9,469		$	(611,821	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
36

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Cap Value Series						The DFA International Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	79,950		$	146,991		$	217,193		$	274,613
Net Realized Gain (Loss) on:
Investment Securities Sold		292,276			(118,412	)		198,179			654,522
Futures		(1,860	)					(1,153	)
Foreign Currency Transactions		—			—			(1,489	)		2,498
In-Kind Redemptions		48,401	*		—			115,020	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(409,298	)		(150,559	)		(1,139,285	)		403,307
Translation of Foreign Currency Denominated Amounts		—			—			(286	)		(180	)
Net Increase (Decrease) in Net Assets Resulting from Operations		9,469			(121,980	)		(611,821	)		1,334,760
Distributions From:
Net Investment Income		(39,167	)		(146,268	)		(28,880	)		(278,093	)
Net Short-Term Gains		—			(14,058	)		(22,542	)		(14,957	)
Net Long-Term Gains		—			(463,917	)		(614,160	)		(185,943	)
Total Distributions		(39,167	)		(624,243	)		(665,582	)		(478,993	)
Capital Share Transactions (1):
Shares Issued		610,629			1,783,358			558,573			1,731,698
Shares Issued in Lieu of Cash Distributions		39,167			600,794			652,416			465,562
Shares Redeemed		(686,471	)*		(344,913	)		(789,847	)*		(871,558	)
Net Increase (Decrease) from Capital Share Transactions		(36,675	)		2,039,239			421,142			1,325,702
Total Increase (Decrease) in Net Assets		(66,373	)		1,293,016			(856,261	)		2,181,469
Net Assets
Beginning of Period		10,159,322			8,866,306			9,638,721			7,457,252
End of Period	$	10,092,949		$	10,159,322		$	8,782,460		$	9,638,721
(1) Shares Issued and Redeemed:
Shares Issued		29,262			75,958			26,415			72,431
Shares Issued in Lieu of Cash Distributions		1,966			26,704			30,340			20,227
Shares Redeemed		(33,177	)		(15,046	)		(38,486	)		(36,444	)
		(1,949	)		87,616			18,269			56,214
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	42,721		$	1,938		$	198,040		$	9,727

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
37

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Large Cap Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income from Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.13	)		(0.38	)		3.27			2.41			3.09			2.41
Total from Investment Operations		0.04			(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.09	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.09	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	21.76		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		0.20	%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	10,092,949		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.66	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		8	%(C)		9	%		13	%		9	%		7	%		7	%

	The DFA International Value Series
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.53	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.01	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(1.48	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.07	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(1.68	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	21.29		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(6.10	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets, End of Period (thousands)	$	8,782,460		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.96	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		9	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
38

THE DFA INVESTMENT TRUST COMPANY
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Series (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the NYSE.

The DFA International Value Series (the "International Series") will also fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the New York Stock Exchange (NYSE). For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally 1:00 p.m. PT) and the time that the net asset value of the International Series is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Series prices its shares at the close of the NYSE, the International Series will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair va lue prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Series' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the International Series has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable, and may trigger fair value pricing. Consequently, fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Series utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of the International Series. When the International Series uses fair value pricing, the values assigned to the International Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The U.S. Large Cap Value Series	$	10,057,874	$	1,043,993		—	$	11,101,867
The DFA International Value Series		1,700,925		8,096,069		—		9,796,994

2. Foreign Currency Translation: Securities and other assets and liabilities of The DFA International Value Series whose values are initially expressed in foreign currencies, are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates, and exchange gains or losses are realized upon ultimate receipt or disbursement.

The DFA International Value Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on The DFA International Value Series books and the U.S. dollar equivalent amounts actually received or paid.

distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The DFA International Value Series may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The DFA International Value Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales of foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Series. For the six months ended May 31, 2008, the investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.10% and 0.20% of average daily net assets for The U.S. Large Cap Value Series and The DFA International Value Series, respectively.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Funds; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended May 31, 2008, the total related amounts paid by the Trust to the CCO were $58 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

The U.S. Large Cap Value Series				$	202
The DFA International Value Series					184

E. Purchases and Sales of Securities:

For the six months ended May 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term investments and U.S. government securities (amounts in thousands):

	Purchases		Sales
The U.S. Large Cap Value Series	$	842,246	$	755,345
The DFA International Value Series		809,952		889,949

There were no purchases or sales of long-term U.S. government securities.

F. Federal Income Taxes:

Each Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to net realized gains on securities considered to be "passive foreign investment companies" were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share. (amounts in thousands):

	Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains/(Losses)
The U.S. Large Cap Value Series	$	(270	)	$	270
The DFA International Value Series		20,352			(20,352	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
The U.S. Large Cap Value Series 2006	$	141,704	$	186,026	$	327,730
2007		160,367		463,876		624,243
The DFA International Value Series 2006		213,585		115,307		328,892
2007		293,050		185,943		478,993

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings/ (Accumulated Losses)
The U.S. Large Cap Value Series	$	2,141		—	$	(118,411	)	$	(116,270	)
The DFA International Value Series		37,777	$	613,845		—			651,622

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, The U.S. Large Cap Value Series had a capital loss carryforward available to offset future realized capital gains through the indicated expiration date (amount in thousands).

				Expires on November 30,
				2015
				$	118,411

Some of The DFA International Value Series investments are in securities considered to be "passive foreign investment companies", for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for tax purposes. At November 30, 2007, The DFA International Value Series had cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies (in thousands), of $5,687 and $36,619, respectively, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income.

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The U.S. Large Cap Value Series	$	9,790,025	$	2,350,917	$	(1,039,075	)	$	1,311,842
The DFA International Value Series		8,220,521		2,182,009		(605,537	)		1,576,472

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

G. Financial Instruments:

2. Foreign Market Risks: Investments in foreign markets may involve certain consideration and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign government supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities by the Series may be inhibited.

3. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with their investment objectives. Upon entering into a futures contract, the Series deposit cash or pledge U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series record a realized gain or loss equal to the difference between the value of the co ntract at the time it was opened and the value at the time it was closed.

H. Line of Credit:

The Series, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009.

For the six months ended May 31, 2008, borrowings under this line of credit by the Series were as follows (amounts in thousands, except percentages and days):

				Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
The U.S. Large Cap Value Series					4.03	%		$	5,774				4			$	3			$	5,880

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

The Series, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the six months ended May 31, 2008, borrowings under this line of credit by the Series were as follows (amounts in thousands, except percentages and days):

				Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
The DFA International Value Series					4.20	%		$	11,197				16			$	21			$	27,822

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

I. Securities Lending:

the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

J. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liability arising out of the performance of their duties to the Trust.

K. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the six months ended May 31, 2008, The U.S. Large Cap Value Series and The DFA International Value Series realized $48,401 and $115,020 (in thousands) of net gain.

L. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 14, 2007 (the "Meeting"), the Board of Directors of Dimensional Investment Group Inc. and the Board of Trustees of The DFA Investment Trust Company (together, the "Board") considered the continuation of the investment advisory/management agreements for each portfolio or series (collectively, the "Funds"). (The investment advisory/management agreements are referred to as the "Advisory Agreements.")

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Advisory Agreements. The Independent Board Members met with their independent counsel in advance of the Meeting to discuss the materials provided by the Advisor, the independent reports prepared by Lipper, Inc. (the "Lipper Reports"), and issues related to the continuation of the Advisory Agreements. Also in advance of the Meeting, management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Lipper Reports.

In considering the performance of each Fund, the Board analyzed the Lipper Reports, which compared the performance of each Fund with other funds in its respective peer group and peer universe, and noted that the performance of most Funds compared favorably with their peer groups. At the Board's request, the Advisor specifically addressed the factors that contributed to the comparative performance of the LWAS/DFA Two-Year Fixed Income Portfolio. The Board concluded that the Advisor's explanation provided a sound basis for understanding the performance of this Fund. The Board noted that the Advisor's investment style and methodologies in managing the Funds are not designed to track traditional indexes. As a result, it is expected that certain Funds will underperform their Lipper-designated peer funds and that reporting results will diverge from market indexes, while other Funds may outperform their Lipper-designated peer funds and market index es for the same periods. The Board determined, among other things, that the performance of each Fund was acceptable as compared with relevant performance standards and appropriate market indexes.

and in comparison with the fees of other funds identified in the peer groups and the industry at large. The Board also noted that significant reductions in the non-management fees charged by the Funds' administrator and transfer agent have been negotiated by management over the course of the last two years.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Advisory Agreement for each Fund was in the best interests of the Fund and its shareholders.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-003S

DIMENSIONAL INVESTMENT GROUP INC.

Global Equity Portfolio

Global 60/40 Portfolio

Global 25/75 Portfolio

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

	Page
Dimensional Investing

Definitions of Abbreviations and Footnotes		1

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		4

Schedules of Investments

Global Equity Portfolio		5

Global 60/40 Portfolio		6

Global 25/75 Portfolio		7

Statements of Assets and Liabilities		8

Statements of Operations		9

Statements of Changes in Net Assets		10

Financial Highlights		11

Notes to Financial Statements		15

Voting Proxies on Fund Portfolio Securities		24

Board Approval of Investment Advisory Agreements		25

This report is submitted for the information of the Funds' shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments

Investment Footnotes

† See Note B to Financial Statements.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

(E) Because of commencement of operations and related preliminary transaction costs, these ratios are not necessarily indicative of future ratios.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

N/A Does not apply to this fund.

(a) Commencement of Operations.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLES

Global Equity Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$	1,000.00	$	968.60		0.59	%	$	2.90
Institutional Class Shares	$	1,000.00	$	970.80		0.33	%	$	1.63
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,022.05		0.59	%	$	2.98
Institutional Class Shares	$	1,000.00	$	1,023.35		0.33	%	$	1.67

Global 60/40 Portfolio**	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$	1,000.00	$	986.70		0.58	%	$	2.88
Institutional Class Shares	$	1,000.00	$	988.10		0.31	%	$	1.54
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,022.10		0.58	%	$	2.93
Institutional Class Shares	$	1,000.00	$	1,023.45		0.31	%	$	1.57
Global 25/75 Portfolio**
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,000.70		0.62	%	$	3.10
Institutional Class Shares	$	1,000.00	$	1,001.80		0.29	%	$	1.45
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.90		0.62	%	$	3.13
Institutional Class Shares	$	1,000.00	$	1,023.55		0.29	%	$	1.47

** The Portfolio is a Fund of Funds. The expenses shown reflect the direct expenses of the Fund of Funds and the indirect payment of the Fund of Funds' portion of the expenses of its Master Funds.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

	Affiliated Investment Companies
Global Equity Portfolio		100.0	%
Global 60/40 Portfolio		100.0	%
Global 25/75 Portfolio		100.0	%

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.9%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		38,075,466	$	434,060,312
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		29,034,315		393,995,655
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		25,170,471		288,201,893
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		3,504,084		71,413,232
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company		1,987,660		43,251,482
Investment in The U.S. Small Cap Series of The DFA Investment Trust Company		2,925,231		42,562,111
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		802,411		20,357,167
Investment in Large Cap International Portfolio of DFA Investment Dimensions Group Inc		632,701		16,330,013
Investment in The DFA International Value Series of The DFA Investment Trust Company		648,270		13,801,668
Investment in The Continental Small Company Series of The DFA Investment Trust Company				7,071,096
Investment in The Emerging Markets Series of The DFA Investment Trust Company				4,856,250
Investment in The U.S. Large Company Series of The DFA Investment Trust Company				4,508,568
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				3,320,394
Investment in Dimensional Emerging Markets Value Fund Inc.		41,417		2,471,352
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				2,352,970
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company				2,326,142
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				2,053,513
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $1,233,926,856)				1,352,933,818
TEMPORARY CASH INVESTMENTS — (0.1%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares (Cost $845,677)				845,677
TOTAL INVESTMENTS — (100.0%) (Cost $1,234,772,533)			$	1,353,779,495

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL 60/40 PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.9%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		16,362,788	$	186,535,783
Investment in DFA International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		9,401,305		127,575,709
Investment in DFA Selectively Hedged Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		11,804,194		120,520,821
Investment in DFA Five-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		11,241,629		120,397,847
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		8,787,367		100,615,352
Investment in The DFA Two-Year Global Fixed Income Series of The DFA Investment Trust Company		7,716,563		80,638,083
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		1,091,027		22,235,130
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company		445,280		9,689,293
Investment in The U.S. Small Cap Series of The DFA Investment Trust Company		559,459		8,140,128
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		290,873		7,379,448
Investment in Large Cap International Portfolio of DFA Investment Dimensions Group Inc.		258,925		6,682,854
Investment in The DFA International Value Series of The DFA Investment Trust Company		300,137		6,389,917
Investment in The Emerging Markets Series of The DFA Investment Trust Company				2,247,160
Investment in The Continental Small Company Series of The DFA Investment Trust Company				1,879,892
Investment in Dimensional Emerging Markets Value Fund Inc.		26,229		1,565,084
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company				1,062,056
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				886,693
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				624,375
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				449,886
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $752,130,572)				805,515,511
TEMPORARY CASH INVESTMENTS — (0.1%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares (Cost $653,001)				653,001
TOTAL INVESTMENTS — (100.0%) (Cost $752,783,573)			$	806,168,512

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL 25/75 PORTFOLIO

SCHEDULE OF INVESTMENTS

May 31, 2008
(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.9%)
Investment in The DFA Two-Year Global Fixed Income Series of The DFA Investment Trust Company		5,951,657	$	62,194,816
Investment in DFA Five-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		5,771,496		61,812,722
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		1,754,650		20,003,010
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		930,713		12,629,775
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		519,629		5,949,752
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		118,519		2,415,417
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		25,784		654,140
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $158,317,750)				165,659,632
TEMPORARY CASH INVESTMENTS — (0.1%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares (Cost $124,591)				124,591
TOTAL INVESTMENTS — (100.0%) (Cost $158,442,341)			$	165,784,223

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

	Global Equity Portfolio			Global 60/40 Portfolio			Global 25/75 Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	1,352,933		$	805,516		$	165,660
Temporary Cash Investments at Value		846			653			124
Receivables:
Interest		3			2			—
Fund Shares Sold		1,066			680			152
Prepaid Expenses and Other Assets		70			51			27
Total Assets		1,354,918			806,902			165,963
LIABILITIES:
Payables:
Affiliated Investment Companies		346			353			—
Fund Shares Redeemed		231			522			18
Due to Advisor		31			28			6
Accrued Expenses and Other Liabilities		87			49			12
Total Liabilities		695			952			36
NET ASSETS	$	1,354,223		$	805,950		$	165,927
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $9,409, $4,207, and $1,390 and shares outstanding of 643,178; 329,652; and 123,783, respectively	$	14.63		$	12.76		$	11.23
NUMBER OF SHARES AUTHORIZED		100,000,000			100,000,000			100,000,000
Institutional Class Shares — based on net assets of $1,344,814, $801,743, and $164,537, and shares outstanding of 92,074,010; 62,857,907; and 14,656,842, respectively	$	14.61		$	12.75		$	11.23
NUMBER OF SHARES AUTHORIZED		200,000,000			150,000,000			100,000,000
Investments in Affiliated Investment Companies at Cost	$	1,233,926		$	752,131		$	158,318
Temporary Cash Investments at Cost	$	846		$	653		$	124
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,224,292		$	747,738		$	159,168
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		22			(85	)		(45	)
Accumulated Net Realized Gain (Loss)		10,971			4,934			(537	)
Deferred Thailand Capital Gains Tax		(68	)		(22	)		(1	)
Net Unrealized Foreign Exchange Gain (Loss)		(1	)		—			—
Net Unrealized Appreciation (Depreciation)		119,007			53,385			7,342
NET ASSETS	$	1,354,223		$	805,950		$	165,927

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

	Global Equity Portfolio			Global 60/40 Portfolio			Global 25/75 Portfolio
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Income Distributions	$	4,580		$	6,875		$	1,844
*Dividends (Net of Foreign Taxes Withheld of $32, $10, and $0, respectively)		403			108			—
*Interest		3			1			—
*Income from Securities Lending		42			12			—
*Expenses		(19	)		(6	)		—
Total Investment Income Received from Affiliated Investment Companies		5,009			6,990			1,844
Fund Investment Income
Interest		35			16			5
Fund Expenses
Administrative Services Fees		1,855			954			155
Accounting & Transfer Agent Fees		16			13			8
Shareholder Servicing Fees - Class R2 Shares		14			6			2
Filing Fees		38			29			16
Shareholders' Reports		73			36			6
Directors'/Trustees' Fees and Expenses		4			2			—
Legal Fees		13			7			1
Audit Fees		4			3			3
Other		4			4			1
Total Expenses		2,021			1,054			192
Fees Waived, Expenses Reimbursed and/or Previously Waived Fees Recovered by Advisor (Note C)		(1,674	)		(787	)		(122	)
Net Expenses		347			267			70
Net Investment Income (Loss)		4,697			6,739			1,779
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		10,065			3,366			153
Net Realized Gain (Loss) on:
**Investment Securities Sold/Affiliated Investment Companies Shares Sold		2,428			2,409			(337	)
*Futures		52			23			—
*Foreign Currency Transactions		(2	)		(2	)		—
Change in Unrealized Appreciation (Depreciation) of:
**Investment Securities/Affiliated Investment Companies Shares and Foreign Currency		(50,909	)		(21,511	)		(1,144	)
*Translation of Foreign Currency Denominated Amounts		(2	)		—			—
*Futures		30			11			—
*Deferred Thailand Capital Gains Tax		—			1			—
Net Realized and Unrealized Gain (Loss)		(38,338	)		(15,703	)		(1,328	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(33,641	)	$	(8,964	)	$	451

* Allocated from each Portfolio's respective Master Funds (Affiliated Investment Companies).

** A portion has been allocated from each Portfolio's respective Master Funds (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Global Equity Portfolio						Global 60/40 Portfolio						Global 25/75 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	4,697		$	19,098		$	6,739		$	12,359		$	1,779		$	2,594
Capital Gain Distributions Received from Affiliated Investment Companies		10,065			10,480			3,366			3,323			153			100
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		2,428			16,678			2,409			4,806			(337	)		818
Futures		52			50			23			18			—			1
Foreign Currency Transactions		(2	)		3			(2	)		1			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares and Foreign Currency		(50,909	)		24,134			(21,511	)		16,892			(1,144	)		3,242
Translation of Foreign Currency Denominated Amounts		(2	)		—			—			—			—			—
Futures		30			(6	)		11			(2	)		—			—
Deferred Thailand Capital Gains Tax		—			(2	)		1			(1	)		—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(33,641	)		70,435			(8,964	)		37,396			451			6,755
Distributions From:
Net Investment Income:
Class R2 Shares		(68	)		(408	)		(53	)		(143	)		(16	)		(43	)
Institutional Class Shares		(7,952	)		(16,955	)		(7,705	)		(12,496	)		(2,003	)		(2,617	)
Total Distributions From Net Investment Income		(8,020	)		(17,363	)		(7,758	)		(12,639	)		(2,019	)		(2,660	)
Net Realized Gains:
Class R2 Shares		(566	)		(371	)		(75	)		(54	)		(11	)		(21	)
Institutional Class Shares		(24,908	)		(9,793	)		(7,495	)		(3,711	)		(961	)		(800	)
Total Distributions From Net Realized Gains		(25,474	)		(10,164	)		(7,570	)		(3,765	)		(972	)		(821	)
Total Distributions to Shareholders		(33,494	)		(27,527	)		(15,328	)		(16,404	)		(2,991	)		(3,481	)
Capital Share Transactions:
Shares Issued		315,721			539,395			142,481			355,251			43,244			55,915
Shares Issued in Lieu of Cash Distributions		33,008			27,119			14,761			15,327			2,960			3,448
Shares Redeemed		(173,714	)		(243,370	)		(95,724	)		(168,594	)		(15,340	)		(24,929	)
Net Increase (Decrease) From Capital Share Transactions		175,015			323,144			61,518			201,984			30,864			34,434
Total Increase (Decrease) in Net Assets		107,880			366,052			37,226			222,976			28,324			37,708
Net Assets
Beginning of Period		1,246,343			880,291			768,724			545,748			137,603			99,895
End of Period	$	1,354,223		$	1,246,343		$	805,950		$	768,724		$	165,927		$	137,603
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	22		$	2,943		$	(85	)	$	934		$	(45	)	$	195

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

	Global Equity Portfolio															Global 60/40 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			For the Period Dec. 24, 2003(a) to Nov. 30, 2004			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			For the Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)															(Unaudited)
Net Asset Value, Beginning of Period	$	15.49		$	14.76		$	12.90		$	11.54		$	10.00		$	13.16		$	12.65		$	11.58		$	10.83		$	10.00
Income from Investment Operations
Net Investment Income		0.06	(A)		0.22	(A)		0.19	(A)		0.19	(A)		0.07			0.15	(A)		0.22	(A)		0.11	(A)		0.19	(A)		0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.54	)		0.86			2.29			1.33			1.54			(0.33	)		0.60			1.40			0.73			0.84
Total from Investrment Operations		(0.48	)		1.08			2.48			1.52			1.61			(0.18	)		0.82			1.51			0.92			0.92
Less Distributions
Net Investment Income		(0.06	)		(0.18	)		(0.18	)		(0.14	)		(0.07	)		(0.09	)		(0.22	)		(0.18	)		(0.16	)		(0.09	)
Net Realized Gains		(0.32	)		(0.17	)		(0.44	)		(0.02	)		—			(0.13	)		(0.09	)		(0.26	)		(0.01	)		—
Total Distributions		(0.38	)		(0.35	)		(0.62	)		(0.16	)		(0.07	)		(0.22	)		(0.31	)		(0.44	)		(0.17	)		(0.09	)
Net Asset Value, End of Period	$	14.63		$	15.49		$	14.76		$	12.90		$	11.54		$	12.76		$	13.16		$	12.65		$	11.58		$	10.83
Total Return		(3.14	)%(C)		7.42	%		20.04	%		13.25	%		16.18	%(C)		(1.33	)%(C)		6.50	%		13.49	%		8.57	%		9.29	%(C)
Net Assets, End of Period (thousands)	$	9,409		$	27,904		$	32,717		$	16,092		$	14,684		$	4,207		$	7,631		$	7,379		$	1,857		$	1,912
Ratio of Expenses to Average Net Assets (D)		0.59	%(B)		0.58	%		0.62	%		0.71	%		0.90	%(B)(E)		0.58	%(B)		0.57	%		0.65	%		0.70	%		0.95	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.86	%(B)		0.84	%		0.85	%		0.80	%		0.94	%(B)(E)		0.78	%(B)		0.76	%		0.77	%		0.80	%		1.28	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.83	%(B)		1.38	%		1.38	%		1.32	%		0.82	%(B)(E)		2.46	%(B)		1.67	%		0.89	%		1.73	%		0.94	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
11

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

	Global 25/75 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			For the Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.42		$	11.11		$	10.62		$	10.33		$	10.00
Income from Investment Operations
Net Investment Income		0.14	(A)		0.19	(A)		0.03	(A)		0.20	(A)		0.07
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.13	)		0.41			0.77			0.25			0.37
Total from Investrment Operations		0.01			0.60			0.80			0.45			0.44
Less Distributions
Net Investment Income		(0.12	)		(0.20	)		(0.20	)		(0.16	)		(0.11	)
Net Realized Gains		(0.08	)		(0.09	)		(0.11	)		—			—
Total Distributions		(0.20	)		(0.29	)		(0.31	)		(0.16	)		(0.11	)
Net Asset Value, End of Period	$	11.23		$	11.42		$	11.11		$	10.62		$	10.33
Total Return		0.07	%(C)		5.47	%		7.75	%		4.47	%		4.44	%(C)
Net Assets, End of Period (thousands)	$	1,390		$	1,564		$	2,701		$	46		$	65
Ratio of Expenses to Average Net Assets (D)		0.62	%(B)		0.62	%		0.62	%		0.79	%		0.95	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.78	%(B)		0.71	%		0.74	%		0.95	%		6.00	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.53	%(B)		1.66	%		0.28	%		2.00	%		1.03	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
12

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Global Equity Portfolio															Global 60/40 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			For the Period Dec. 24, 2003(a) to Nov. 30, 2004			Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			For the Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)															(Unaudited)
Net Asset Value, Beginning of Period	$	15.48		$	14.78		$	12.92		$	11.56		$	10.00		$	13.17		$	12.67		$	11.60		$	10.83		$	10.00
Income from Investment Operations
Net Investment Income		0.05	(A)		0.27	(A)		0.23	(A)		0.25	(A)		0.09			0.11	(A)		0.25	(A)		0.19	(A)		0.22	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.50	)		0.85			2.28			1.29			1.55			(0.27	)		0.60			1.35			0.72			0.83
Total from Investrment Operations		(0.45	)		1.12			2.51			1.54			1.64			(0.16	)		0.85			1.54			0.94			0.94
Less Distributions
Net Investment Income		(0.10	)		(0.25	)		(0.21	)		(0.16	)		(0.08	)		(0.13	)		(0.26	)		(0.21	)		(0.16	)		(0.11	)
Net Realized Gains		(0.32	)		(0.17	)		(0.44	)		(0.02	)		—			(0.13	)		(0.09	)		(0.26	)		(0.01	)		—
Total Distributions		(0.42	)		(0.42	)		(0.65	)		(0.18	)		(0.08	)		(0.26	)		(0.35	)		(0.47	)		(0.17	)		(0.11	)
Net Asset Value, End of Period	$	14.61		$	15.48		$	14.78		$	12.92		$	11.56		$	12.75		$	13.17		$	12.67		$	11.60		$	10.83
Total Return		(2.92	)%(C)		7.67	%		20.33	%		13.47	%		16.46	%(C)		(1.19	)%(C)		6.79	%		13.78	%		8.80	%		9.41	%(C)
Net Assets, End of Period (thousands)	$	1,344,814		$	1,218,439		$	847,574		$	485,301		$	179,079		$	801,743		$	761,093		$	538,369		$	277,269		$	102,341
Ratio of Expenses to Average Net Assets (D)		0.33	%(B)		0.33	%		0.37	%		0.46	%		0.67	%(B)(E)		0.31	%(B)		0.31	%		0.35	%		0.45	%		0.65	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.60	%(B)		0.59	%		0.60	%		0.56	%		0.71	%(B)(E)		0.51	%(B)		0.51	%		0.52	%		0.55	%		0.83	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.76	%(B)		1.70	%		1.72	%		1.50	%		1.08	%(B)(E)		1.76	%(B)		1.90	%		1.56	%		1.99	%		1.18	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
13

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Global 25/75 Portfolio
	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			For the Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.46		$	11.15		$	10.65		$	10.34		$	10.00
Income from Investment Operations
Net Investment Income		0.13	(A)		0.24	(A)		0.22	(A)		0.24	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.11	)		0.40			0.60			0.24			0.36
Total from Investrment Operations		0.02			0.64			0.82			0.48			0.47
Less Distributions
Net Investment Income		(0.17	)		(0.24	)		(0.21	)		(0.17	)		(0.13	)
Net Realized Gains		(0.08	)		(0.09	)		(0.11	)		—			—
Total Distributions		(0.25	)		(0.33	)		(0.32	)		(0.17	)		(0.13	)
Net Asset Value, End of Period	$	11.23		$	11.46		$	11.15		$	10.65		$	10.34
Total Return		0.18	%(C)		5.85	%		7.97	%		4.71	%		4.73	%(C)
Net Assets, End of Period (thousands)	$	164,537		$	136,039		$	97,194		$	52,699		$	31,208
Ratio of Expenses to Average Net Assets (D)		0.29	%(B)		0.31	%		0.37	%		0.47	%		0.99	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.45	%(B)		0.46	%		0.49	%		0.71	%		1.32	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.30	%(B)		2.15	%		1.59	%		2.33	%		0.95	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
14

  DIMENSIONAL INVESTMENT GROUP INC.
  NOTES TO FINANCIAL STATEMENTS
  (Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund currently offers fifteen portfolios, of which Global Equity Portfolio, Global 60/40 Portfolio and Global 25/75 Portfolio (the "Global Funds") are presented in this report.

The Global Funds achieve their investment objectives by primarily investing in other portfolios within The DFA Investment Trust Company ("ITC"), DFA Investment Dimensions Group Inc. ("IDG") and Dimensional Emerging Markets Value Fund Inc. ("DEM") (collectively, the "Master Funds").

Effective October 10, 2007, the Fund established a new class of shares of each Portfolio of the Fund contained in this report, which is designated as Class R1 shares. In conjunction with the creation of this additional class of shares, the class of shares of each Portfolio of the Fund contained in this report designated as "Class R shares" was renamed the "Class R2 shares" effective October 10, 2007. The designation of the "Class R shares" as "Class R2 shares" did not change the fees, expenses, rights or preferences of the shares. The following table lists the number of shares authorized for Class R1 which as of May 31, 2008, Class R1 shares have not commenced operation.

Global Equity Portfolio	Shares
Class R1 shares		25,000,000
Global 60/40 Portfolio
Class R1 shares		25,000,000
Global 25/75 Portfolio
Class R1 shares		25,000,000

	Global Funds (Percentage of Ownership at May 31, 2008)
Master Funds	Global Equity Portfolio			Global 60/40 Portfolio			Global 25/75 Portfolio
The U.S. Large Company Series (ITC)		—			N/A			N/A
The U.S. Large Cap Value Series (ITC)		1	%		—			N/A
The U.S. Small Cap Series (ITC)		1	%		—			N/A
The DFA International Value Series (ITC)		—			—			N/A
The Japanese Small Company Series (ITC)		—			—			N/A
The Asia Pacific Small Company Series (ITC)		—			—			N/A
The United Kingdom Small Company Series (ITC)		—			—			N/A
The Continental Small Company Series (ITC)		—			—			N/A
The Emerging Markets Series (ITC)		—			—			N/A
The Emerging Markets Small Cap Series (ITC)		—			—			N/A
The DFA Two-Year Global Fixed Income Series (ITC)		N/A			2	%		2	%
U.S. Core Equity 1 Portfolio (IDG)		19	%		7	%		—
U.S. Core Equity 2 Portfolio (IDG)		13	%		6	%		1	%
DFA Real Estate Securities Portfolio (IDG)		1	%		—			—

	Global Funds (Percentage of Ownership at May 31, 2008)
Master Funds	Global Equity Portfolio			Global 60/40 Portfolio			Global 25/75 Portfolio
Large Cap International Portfolio (IDG)		1	%		—			N/A
International Core Equity Portfolio (IDG)		14	%		5	%		—
Emerging Markets Core Equity Portfolio (IDG)		4	%		1	%		—
DFA Five-Year Global Fixed Income Portfolio (IDG)		N/A			3	%		2	%
DFA Selectively Hedged Global Fixed Income Portfolio (IDG)		N/A			59	%		N/A
Dimensional Emerging Markets Value Fund Inc. (DEM)		—			—			N/A

N/A – Global Fund does not have any ownership in Master Fund.

Amounts designated as — are less than 1%.

B. Significant Accounting Policies:

1. Security Valuation: The U.S. Large Company Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series (the "Partnerships") are treated as partnerships for federal income tax purposes. The Global Funds' investments in the Partnerships reflect their proportionate interest in the net assets of those corresponding Partnerships. The shares of the remaining Master Funds held by the Global Funds are valued at their respective daily net asset values, as these Master Funds are treated as regulated investment companies for federal income tax purposes.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Global Funds' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Global Funds' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Global Equity Portfolio	$	1,353,779		—		—	$	1,353,779
Global 60/40 Portfolio		806,169		—		—		806,169
Global 25/75 Portfolio		165,784		—		—		165,784

amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees and Expenses.

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment companies that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Global Funds estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Expenses directly attributable to a Global Fund are directly charged. Common expenses of the Group are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of its Global Fund. Income, gains and losses, and common expenses of each Global Fund are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

The Global Funds each recognize their pro-rata share of net investment income and realized and unrealized gains/losses on a daily basis, from their respective Partnerships.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Master Funds. The Advisor also provides administrative services to the Global Funds, including supervision of services provided by others, providing information to shareholders and the Board of Directors/Trustees, and other administrative services. For the six months ended May 31, 2008, the Global Equity Portfolio, Global 60/40 Portfolio and Global 25/75 Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.30%, 0.25%, 0.20%, respectively, of average daily net assets. The Global Funds do not pay separate management fees to the Advisor.

Pursuant to a Fee Waiver and Expense Assumption Agreement, the Advisor has contractually agreed to waive its administrative services fee to the extent necessary to limit the proportionate share of the total combined administrative services fees paid by each of the Global Funds and investment advisory services fees paid by the Master Funds to the Advisor. The Fee Waiver and Expense Assumption Agreement will remain in effect until April 1, 2009, and shall continue to remain in effect from year to year thereafter unless terminated by the Fund or the Advisor. For the six months ended May 31, 2008, the Global Funds had the following expense limits based on a percentage of average net assets on an annualized basis.

	Expense Limits
Global Equity Portfolio		0.27	%
Global 60/40 Portfolio		0.25	%
Global 25/75 Portfolio		0.22	%

The Advisor has also contractually agreed to assume the direct operating expenses of the Institutional Class Shares of each Global Fund (excluding administrative services fees paid to the Advisor), to the extent necessary to limit the total expense ratios (including the expenses that the Institutional Class Shares of each such Global Fund bears as a shareholder of the Master Funds, but excluding expenses from investment in other investment companies) of the Institutional Class Shares. For the six months ended May 31, 2008, the Institutional Class Shares had the following expense limits based on a percentage of average net assets on an annualized basis.

	Expense Limits
Global Equity Portfolio		0.44	%
Global 60/40 Portfolio		0.41	%
Global 25/75 Portfolio		0.37	%

The Fee Waiver and Expense Assumption Agreement will remain in effect until April 1, 2009, and shall continue to remain in effect from year to year thereafter unless terminated by the Fund or the Advisor.

For the Class R2 Shares, the Advisor has contractually agreed to assume the direct operating expenses of the Class R2 Shares of each Global Fund (excluding administrative services fees paid to the Advisor) to the extent necessary to limit the total expense ratios (including the expenses that the Class R2 Shares of each such Global Fund bears as a shareholder of the Master Funds and including Shareholder Servicing Fees, but excluding expenses from investment in other investment companies) of the Class R2 Shares. For the six months ended May 31, 2008, the Class R2 Shares had the following expense limits based on a percentage of average net assets on an annualized basis.

	Expense Limits
Global Equity Portfolio		0.69	%
Global 60/40 Portfolio		0.66	%
Global 25/75 Portfolio		0.62	%

At any time that the rate of the fees and annualized expenses of a Global Fund are less than the rates listed above for a Global Fund on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Global Fund's Institutional Class and Class R2 Shares' fees or expenses to exceed the fee or expense limitations listed above. Previously waived fees subject to future recovery by the Advisor over periods not exceeding May 31, 2011 are reflected below (amounts in thousands). The Global Funds are not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

	Previously Waived Fees/Expenses Assumed Subject to Future Recovery
Global Equity Portfolio
Class R2 Shares	$	178
Institutional Class Shares		6,193
Global 60/40 Portfolio
Class R2 Shares		36
Institutional Class Shares		2,984
Global 25/75 Portfolio
Class R2 Shares		10
Institutional Class Shares		498

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended May 31, 2008, the total related amounts paid by the Fund to the CCO were $14 (in thousands). The total related amounts paid by each of the Global Funds are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

Global Equity Portfolio	$	26
Global 60/40 Portfolio		16
Global 25/75 Portfolio		3

E. Federal Income Taxes:

Each Global Fund has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to net realized gains on securities considered to be "passive foreign investment companies" and the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains/(Losses)
Global Equity Portfolio	$	2,190	$	(976	)	$	(1,214	)
Global 60/40 Portfolio		1,064		(648	)		(416	)
Global 25/75 Portfolio		—		43			(43	)

The tax character of dividends and distributions declared and paid during the year ended November 30, 2006, and the year ended November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
Global Equity Portfolio 2006	$	11,320	$	16,822	$	28,142
2007		20,438		9,279		29,717
Global 60/40 Portfolio 2006		6,429		6,175		12,604
2007		14,075		3,393		17,468
Global 25/75 Portfolio 2006		1,273		636		1,909
2007		2,739		742		3,481

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
Global Equity Portfolio	$	995	$	1,195	$	2,190
Global 60/40 Portfolio		681		383		1,064

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Total Net Distributable Earnings/ (Accumulated Losses)
Global Equity Portfolio	$	3,576	$	24,052	$	27,628
Global 60/40 Portfolio		1,146		6,943		8,089
Global 25/75 Portfolio		220		871		1,091

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Global Funds had no capital loss carryforwards available to offset future realized capital gains.

Some of the investments held by the Master Funds are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At November 30, 2007, the Global Funds received cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income (amounts in thousands):

	Mark to Market		Realized Gains
Global Equity Portfolio	$	84	$	53
Global 60/40 Portfolio		24		16
Global 25/75 Portfolio		2		1

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Global Equity Portfolio	$	1,235,158	$	126,099	$	(7,478	)	$	118,621
Global 60/40 Portfolio		753,233		55,544		(2,608	)		52,936
Global 25/75 Portfolio		158,958		7,429		(603	)		6,826

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Global Funds' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Global Funds' financial statements.

F. Capital Share Transactions:

The capital share transactions by class were as follows (amounts in thousands):

	Six Months Ended May 31, 2008						Year Ended November 30, 2007
	Amount			Shares			Amount			Shares
Global Equity Portfolio
Class R2 Shares
Shares Issued	$	1,684			118		$	15,839			1,014
Shares Issued in Lieu of Cash Distributions		634			43			779			52
Shares Redeemed		(19,624	)		(1,319	)		(23,027	)		(1,481	)
Net Increase (Decrease)—Class R2 Shares	$	(17,306	)		(1,158	)	$	(6,409	)		(415	)
Institutional Class Shares
Shares Issued	$	314,037			22,146		$	523,556			33,704
Shares Issued in Lieu of Cash Distributions		32,374			2,238			26,340			1,743
Shares Redeemed		(154,090	)		(10,998	)		(220,343	)		(14,087	)
Net Increase (Decrease)—Institutional Class Shares	$	192,321			13,386		$	329,553			21,360
Global 60/40 Portfolio
Class R2 Shares
Shares Issued	$	491			39		$	4,290			330
Shares Issued in Lieu of Cash Distributions		128			10			197			15
Shares Redeemed		(3,830	)		(299	)		(4,564	)		(349	)
Net Increase (Decrease)—Class R2 Shares	$	(3,211	)		(250	)	$	(77	)		(4	)
Institutional Class Shares
Shares Issued	$	141,990			11,333		$	350,961			26,609
Shares Issued in Lieu of Cash Distributions		14,633			1,157			15,130			1,178
Shares Redeemed		(91,894	)		(7,409	)		(164,030	)		(12,504	)
Net Increase (Decrease)—Institutional Class Shares	$	64,729			5,081		$	202,061			15,283
Global 25/75 Portfolio
Class R2 Shares
Shares Issued	$	295			27		$	1,494			132
Shares Issued in Lieu of Cash Distributions		27			2			64			6
Shares Redeemed		(469	)		(42	)		(2,762	)		(244	)
Net Increase (Decrease)—Class R2 Shares	$	(147	)		(13	)	$	(1,204	)		(106	)
Institutional Class Shares
Shares Issued	$	42,949			3,858		$	54,421			4,802
Shares Issued in Lieu of Cash Distributions		2,933			263			3,384			302
Shares Redeemed		(14,871	)		(1,337	)		(22,167	)		(1,950	)
Net Increase (Decrease)—Institutional Class Shares	$	31,011			2,784		$	35,638			3,154

G. Financial Instruments:

In accordance with the Fund's investment objectives and policies, the Fund may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The instrument and its significant corresponding risks are described below:

Repurchase Agreements: The Global Funds may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price, including accrued interest. The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Fund's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on May 30, 2008.

H. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009.

For the six months ended May 31, 2008, borrowings by the Global Funds under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
Global Equity Portfolio		4.33	%	$	982		22	$	3	$	3,009
Global 60/40 Portfolio		4.25	%		741		30		3		3,079
Global 25/75 Portfolio		4.53	%		241		20		1		1,113

There were no outstanding borrowings by the Global Funds under this line of credit at May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Global Funds under this line of credit during the six months ended May 31, 2008.

I. Shareholder Servicing Fees:

J. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

K. Recently Issued Accounting Standards and Interpretation:

FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Global Fund's financial statements has not been determined.

L. Other:

At May 31, 2008, the following number of shareholders held the following approximate percentages of outstanding shares of the Global Funds. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding shares
Global Equity Portfolio—Class R2 Shares		2		98	%
Global Equity Portfolio—Institutional Class Shares		3		86	%
Global 60/40 Portfolio—Class R2 Shares		3		93	%
Global 60/40 Portfolio—Institutional Class Shares		3		71	%
Global 25/75 Portfolio—Class R2 Shares		2		95	%
Global 25/75 Portfolio—Institutional Class Shares		3		82	%

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Master Funds use in voting proxies relating to securities held in the portfolios is available without charge, upon request, by calling collect: (310) 395-8005. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC's website at http://www.sec.gov and from the Advisor's website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 14, 2007 (the "Meeting"), the Board of Directors of Dimensional Investment Group Inc. (the "Board") considered the continuation of the investment advisory agreements for each portfolio (collectively, the "Funds"). (The investment advisory agreements are referred to as the "Advisory Agreements.")

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Advisory Agreements. The Independent Board Members met with their independent counsel in advance of the Meeting to discuss the materials provided by the Advisor, the independent reports prepared by Lipper, Inc. (the "Lipper Reports"), and issues related to the continuation of the Advisory Agreements. Also in advance of the Meeting, management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Lipper Reports.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board noted that the Advisor did not charge advisory fees to the Funds under the Advisory Agreements. The Board reviewed the administrative fees charged by the Advisor to the Funds and compared the expenses of each Fund to funds in its peer group as provided in the Lipper Reports. The Board concluded that the fees and total expenses of each Fund over various periods were favorable in relation to their peer funds and the industry at large. The Board also noted that significant reductions in the non-management fees charged by the Funds' administrator and transfer agent have been negotiated by management over the course of the past two years.

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund, including administrative fees paid by the Funds. The Board considered the profitability to the Advisor of managing the Funds

and other "non-1940 Act registered" investment vehicles. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of advisory fees charged. The Board concluded that economies of scale and the reflection of such economies of scale in the level of advisory fees charged were inapplicable to each Fund because the Funds are not charged advisory fees.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Advisory Agreement for each Fund was in the best interests of the Fund and its shareholders.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-012S

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Cap Value Portfolio II

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

Dimensional Investing

	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — U.S. Large Cap Value Portfolio II

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The U.S. Large Cap Value Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		16

Statement of Operations		17

Statements of Changes in Net Assets		18

Financial Highlights		19

Notes to Financial Statements		20

Voting Proxies on Fund Portfolio Securities		26

Board Approval of Investment Advisory Agreement		27

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,001.50		0.16	%	$	0.80
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.16	%	$	0.81

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008

(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (7,615,625 Shares) at Value†	$	165,716
Receivable for Affiliated Investment Company Shares Sold		153
Prepaid Expenses and Other Assets		18
Total Assets		165,887
LIABILITIES:
Payables:
Fund Shares Redeemed		153
Due to Advisor		1
Accrued Expenses and Other Liabilities		41
Total Liabilities		195
NET ASSETS	$	165,692
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,706,282
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.50
Investment at Cost	$	150,533
NET ASSETS CONSIST OF:
Paid-In Capital	$	107,450
Undistributed Net Income (Distributions in Excess of Net Investment Income)		(37	)
Accumulated Net Realized Gain (Loss)		43,096
Net Unrealized Appreciation (Depreciation)		15,183
NET ASSETS	$	165,692
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008

(Unaudited)

(Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	1,050
Expenses
Administrative Services Fees		15
Accounting & Transfer Agent Fees		8
Filing Fees		9
Shareholders' Reports		22
Directors'/Trustees' Fees & Expenses		1
Legal Fees		5
Audit Fees		2
Other		1
Total Expenses		63
Net Investment Income (Loss)		987
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Affiliated Investment Company Shares Sold		51,661
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(73,158	)
Net Realized and Unrealized Gain (Loss)		(21,497	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(20,510	)

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	987		$	7,301
Capital Gain Distributions Received from Affiliated Investment Company		—			26,666
Net Realized Gain (Loss) on:
Affiliated Investment Company Shares Sold		51,661			(2,391	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(73,158	)		(33,987	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(20,510	)		(2,411	)
Distributions From:
Net Investment Income		(3,042	)		(7,401	)
Net Short-Term Gains		—			(784	)
Net Long-Term Gains		(24,079	)		(10,356	)
Total Distributions		(27,121	)		(18,541	)
Capital Share Transactions (1):
Shares Issued		6,020			74,150
Shares Issued in Lieu of Cash Distributions		27,121			18,541
Shares Redeemed		(289,832	)		(94,641	)
Net Increase (Decrease) from Capital Share Transactions		(256,691	)		(1,950	)
Total Increase (Decrease) in Net Assets		(304,322	)		(22,902	)
Net Assets
Beginning of Period		470,014			492,916
End of Period	$	165,692		$	470,014
(1) Shares Issued and Redeemed:
Shares Issued		289			3,044
Shares Issued in Lieu of Cash Distributions		1,285			782
Shares Redeemed		(14,423	)		(3,984	)
		(12,849	)		(158	)
Undistributed Net Income (Distributions in Excess of Net Investment Income)	$	(37	)	$	2,018

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	22.87		$	23.80		$	20.53		$	18.13		$	15.19		$	12.82
Income from Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.33	(A)		0.38	(A)		0.30			0.16			0.18
Net Gains (Losses) (Realized and Unrealized)		(0.07	)		(0.39	)		3.29			2.32			3.09			2.38
Total from Investment Operations		—			(0.06	)		3.67			2.62			3.25			2.56
Less Distributions
Net Investment Income		(0.18	)		(0.34	)		(0.35	)		(0.22	)		(0.31	)		(0.19	)
Net Realized Gains		(1.19	)		(0.53	)		(0.05	)		—			—			—
Total Distributions		(1.37	)		(0.87	)		(0.40	)		(0.22	)		(0.31	)		(0.19	)
Net Asset Value, End of Period	$	21.50		$	22.87		$	23.80		$	20.53		$	18.13		$	15.19
Total Return		0.15	%(C)		(0.34	)%		18.16	%		14.57	%		21.66	%		20.26	%
Net Assets, End of Period (thousands)	$	165,692		$	470,014		$	492,916		$	345,171		$	195,975		$	103,421
Ratio of Expenses to Average Net Assets (D)		0.16	%(B)		0.14	%		0.16	%		0.18	%		0.21	%		0.22	%
Ratio of Net Investment Income to Average Net Assets		0.68	%(B)		1.36	%		1.74	%		1.60	%		0.98	%		1.56	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

  DIMENSIONAL INVESTMENT GROUP INC.
  U.S. LARGE CAP VALUE PORTFOLIO II
  NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which U.S. Large Cap Value Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The U.S. Large Cap Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 2% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
U.S. Large Cap Value Portfolio II	$	165,716		—		—	$	165,716

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expense and Other Liabilities in the amount of $6 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Gains		Total
2006	$	7,260		—	$	7,260
2007		8,185	$	10,356		18,541

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	2,030			$	24,131			$	26,161

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	151,113			$	15,183			$	(580	)		$	14,603

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borr owings by the Portfolio under this line of credit during the six months ended May 31, 2008.

to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of the duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held 100% of the outstanding shares of the Portfolio.

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,002.00		0.12	%	$	0.60
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.12	%	$	0.61

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Total
	16.0	%			4.8	%			16.5	%			32.2	%			0.6	%			15.4	%			4.6	%			3.4	%			6.5	%			100.0	%

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (90.6%)
Consumer Discretionary — (14.6%)
# CBS Corp. Class B		5,687,606	$	122,738,537		1.2	%
Clear Channel Communications, Inc.		1,942,666		68,032,163		0.7	%
# Comcast Corp. Class A		12,429,142		279,655,695		2.8	%
*# Ford Motor Co.		11,321,890		76,988,852		0.8	%
# General Motors Corp.		4,413,900		75,477,690		0.8	%
* IAC/InterActiveCorp.		2,097,251		47,293,010		0.5	%
* Liberty Media Corp. - Entertainment Class A		3,931,872		106,160,544		1.1	%
* Liberty Media Holding Corp. Interactive Class A		4,235,162		71,955,402		0.7	%
Time Warner, Inc.		18,688,980		296,781,002		2.9	%
Other Securities				479,707,827		4.6	%
Total Consumer Discretionary				1,624,790,722		16.1	%
Consumer Staples — (4.4%)
Archer-Daniels-Midland Co.		1,240,260		49,238,322		0.5	%
Coca-Cola Enterprises, Inc.		3,580,472		72,110,706		0.7	%
Kraft Foods, Inc.		4,030,190		130,900,571		1.3	%
SUPERVALU, Inc.		1,536,742		53,893,542		0.5	%
Other Securities				177,920,030		1.8	%
Total Consumer Staples				484,063,171		4.8	%
Energy — (15.0%)
Anadarko Petroleum Corp.		3,481,656		261,019,750		2.6	%
Apache Corp.		2,319,190		310,910,611		3.1	%
# Chesapeake Energy Corp.		3,199,938		175,260,604		1.7	%
ConocoPhillips		3,507,507		326,548,902		3.2	%
Devon Energy Corp.		1,997,042		231,537,049		2.3	%
# Pioneer Natural Resources Co.		786,498		56,462,691		0.6	%
Valero Energy Corp.		1,239,275		63,004,741		0.6	%
Other Securities				238,752,168		2.4	%
Total Energy				1,663,496,516		16.5	%
Financials — (29.0%)
Allstate Corp.		2,126,900		108,344,286		1.1	%
# American International Group, Inc.		3,921,610		141,177,960		1.4	%
Bank of America Corp.		6,581,274		223,829,129		2.2	%
# Capital One Financial Corp.		1,606,984		77,328,070		0.8	%
Chubb Corp.		1,482,600		79,704,576		0.8	%
# Cincinnati Financial Corp.		1,328,489		46,523,685		0.5	%
# CNA Financial Corp.		1,929,282		58,630,880		0.6	%
Hartford Financial Services Group, Inc.		1,157,500		82,263,525		0.8	%
JPMorgan Chase & Co.		7,876,534		338,690,962		3.4	%
Lincoln National Corp.		1,092,926		60,285,798		0.6	%
# Loews Corp.		3,874,202		192,044,193		1.9	%
# Merrill Lynch & Co., Inc.		1,433,140		62,943,509		0.6	%
# MetLife, Inc.		5,587,198		335,399,496		3.3	%
Morgan Stanley		1,602,371		70,872,869		0.7	%
Principal Financial Group, Inc.		1,193,300		64,295,004		0.6	%
Prudential Financial, Inc.		1,861,400		139,046,580		1.4	%
The Travelers Companies, Inc.		5,164,209		257,229,250		2.5	%
# Unum Group		2,446,189		58,904,231		0.6	%
Other Securities				824,610,099		8.1	%
Total Financials				3,222,124,102		31.9	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (0.5%)
Total Health Care			$	55,725,577		0.6	%
Industrials — (14.0%)
# Burlington Northern Santa Fe Corp.		2,216,173		250,538,358		2.5	%
CSX Corp.		3,367,404		232,552,920		2.3	%
Norfolk Southern Corp.		3,209,002		216,222,555		2.1	%
# Northrop Grumman Corp.		2,635,484		198,873,623		2.0	%
Raytheon Co.		740,994		47,319,877		0.5	%
# Southwest Airlines Co.		5,164,520		67,448,631		0.7	%
Union Pacific Corp.		4,137,400		340,549,394		3.4	%
Other Securities				198,826,581		1.9	%
Total Industrials				1,552,331,939		15.4	%
Information Technology — (4.1%)
* Computer Sciences Corp.		1,385,243		68,084,693		0.7	%
Electronic Data Systems Corp.		2,164,600		53,011,054		0.5	%
Other Securities				336,133,746		3.3	%
Total Information Technology				457,229,493		4.5	%
Materials — (3.1%)
# Weyerhaeuser Co.		1,440,429		89,781,940		0.9	%
Other Securities				250,480,280		2.5	%
Total Materials				340,262,220		3.4	%
Telecommunication Services — (5.9%)
AT&T, Inc.		8,217,218		327,866,998		3.2	%
Verizon Communications, Inc.		6,654,852		256,012,156		2.5	%
Other Securities				73,970,965		0.8	%
Total Telecommunication Services				657,850,119		6.5	%
TOTAL COMMON STOCKS				10,057,873,859		99.7	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $36,785,000 FHLMC 6.50%, 08/01/37, valued at $34,771,036) to be repurchased at $34,260,538	$	34,255		34,255,000		0.3	%
SECURITIES LENDING COLLATERAL — (9.1%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,208,778,964 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 04/01/12 to 05/01/48, valued at $924,550,951) to be repurchased at $897,798,066		897,622		897,622,282		8.9	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $214,255,654 FNMA, rates ranging from 5.000% to 8.000%, maturities ranging from 02/01/10 to 05/01/38, valued at $115,483,990) to be repurchased at $112,136,637		112,116		112,115,522		1.1	%
TOTAL SECURITIES LENDING COLLATERAL				1,009,737,804		10.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,790,024,787)			$	11,101,866,663		110.0	%

See accompanying Notes to Financial Statements.
15

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008

(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $968,283 of securities on loan)	$	10,057,874
Temporary Cash Investments at Value		34,255
Collateral Received from Securities on Loan at Value		1,009,738
Cash		1
Receivables:
Investment Securities Sold		417
Dividends and Interest		14,611
Securities Lending Income		511
Fund Shares Sold		4,664
Prepaid Expenses and Other Assets		30
Total Assets		11,122,101
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,009,738
Investment Securities Purchased		17,840
Fund Shares Redeemed		302
Due to Advisor		837
Accrued Expenses and Other Liabilities		435
Total Liabilities		1,029,152
NET ASSETS	$	10,092,949
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		463,872,100
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.76
Investments at Cost	$	8,746,032
Temporary Cash Investments at Cost	$	34,255
Collateral Received from Securities on Loan at Cost	$	1,009,738
NET ASSETS CONSIST OF:
Paid-In Capital	$	8,517,981
Undistributed Net Income (Distributions in Excess of Net Investment Income)		42,721
Accumulated Net Realized Gain (Loss)		220,405
Net Unrealized Appreciation (Depreciation)		1,311,842
NET ASSETS	$	10,092,949
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
16

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	82,991
Interest		944
Income from Securities Lending		1,544
Total Investment Income		85,479
Expenses
Investment Advisory Services Fees		4,802
Accounting & Transfer Agent Fees		478
Custodian Fees		51
Shareholders' Reports		50
Directors'/Trustees' Fees & Expenses		36
Legal Fees		19
Audit Fees		60
Other		33
Total Expenses		5,529
Net Investment Income (Loss)		79,950
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		292,276
Futures		(1,860	)
In-Kind Redemptions		48,401	*
Change in Unrealized Appreciation (Depreciation) of Investment Securities and Foreign Currency		(409,298	)
Net Realized and Unrealized Gain (Loss)		(70,481	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	9,469

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	79,950		$	146,991
Net Realized Gain (Loss) on:
Investment Securities Sold		292,276			(118,412	)
Futures		(1,860	)		—
In-Kind Redemptions		48,401	*		—
Change in Unrealized Appreciation (Depreciation) of Investment Securities and Foreign Currency		(409,298	)		(150,559	)
Net Increase (Decrease) in Net Assets Resulting from Operations		9,469			(121,980	)
Distributions From:
Net Investment Income		(39,167	)		(146,268	)
Net Short-Term Gains		—			(14,058	)
Net Long-Term Gains		—			(463,917	)
Total Distributions		(39,167	)		(624,243	)
Capital Share Transactions (1):
Shares Issued		610,629			1,783,358
Shares Issued in Lieu of Cash Distributions		39,167			600,794
Shares Redeemed		(686,471	)*		(344,913	)
Net Increase (Decrease) from Capital Share Transactions		(36,675	)		2,039,239
Total Increase (Decrease) in Net Assets		(66,373	)		1,293,016
Net Assets
Beginning of Period		10,159,322			8,866,306
End of Period	$	10,092,949		$	10,159,322
(1) Shares Issued and Redeemed:
Shares Issued		29,262			75,958
Shares Issued in Lieu of Cash Distributions		1,966			26,704
Shares Redeemed		(33,177	)		(15,046	)
		(1,949	)		87,616
Undistributed Net Income (Distributions in Excess of Net Investment Income)	$	42,721		$	1,938

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income from Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.13	)		(0.38	)		3.27			2.41			3.09			2.41
Total from Investment Operations		0.04			(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.09	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.09	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	21.76		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		0.20	%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	10,092,949		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.66	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		8	%(C)		9	%		13	%		9	%		7	%		7	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
19

  THE DFA INVESTMENT TRUST COMPANY
  THE U.S. LARGE CAP VALUE SERIES
  NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one series, of which The U.S. Large Cap Value Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The U.S. Large Cap Value Series	$	10,057,874	$	1,043,993		—	$	11,101,867

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $202 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, utilizing the effective i nterest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	842,246
Sales					755,345

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

The Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to a reclassification of distributions were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	(270	)		$	270

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	141,704	$	186,026	$	327,730
2007		160,367		463,876		624,243

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated (Losses)
$	2,141			$	(118,411	)		$	(116,270	)

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Series had a capital loss carryforward available to offset future realized capital gains through the indicated expiration date (amount in thousands).

Expires on November 30,
2015
$	118,411

At May 31, 2008, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were not materially different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	9,790,025			$	2,350,917			$	(1,039,075	)		$	1,311,842

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

2. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the c ontract at the time it was opened and the value at the time it was closed.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009.

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.03	%		$	5,774				4			$	3			$	5,880

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Series under this line of credit during the six months ended May 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the six months ended May 31, 2008, the fund realized $48,401 (in thousands) of net gain.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

DFA053108-009S

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Cap Value Portfolio III

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

	Page
Dimensional Investing

Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — U.S. Large Cap Value Portfolio III

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The U.S. Large Cap Value Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		16

Statement of Operations		17

Statements of Changes in Net Assets		18

Financial Highlights		19

Notes to Financial Statements		20

Voting Proxies on Fund Portfolio Securities		26

Board Approval of Investment Advisory Agreement		27

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,002.10		0.14	%	$	0.70
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.30		0.14	%	$	0.71

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (82,728,036 Shares) at Value†	$	1,800,162
Receivables:
Affiliated Investment Company Shares Sold		143
Fund Shares Sold		1,064
Prepaid Expenses and Other Assets		52
Total Assets		1,801,421
LIABILITIES:
Payables:
Fund Shares Redeemed		1,207
Due to Advisor		15
Accrued Expenses and Other Liabilities		106
Total Liabilities		1,328
NET ASSETS	$	1,800,093
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		101,249,755
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	17.78
Investment at Cost	$	1,411,339
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,431,685
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(45	)
Accumulated Net Realized Gain (Loss)		(20,370	)
Net Unrealized Appreciation (Depreciation)		388,823
NET ASSETS	$	1,800,093
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	6,945
Expenses
Administrative Services Fees		85
Accounting & Transfer Agent Fees		18
Filing Fees		32
Shareholders' Reports		41
Directors'/Trustees' Fees & Expenses		5
Legal Fees		17
Audit Fees		3
Other		3
Total Expenses		204
Net Investment Income (Loss)		6,741
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(8,232	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		6,462
Net Realized and Unrealized Gain (Loss)		(1,770	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	4,971

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	6,741		$	24,308
Capital Gain Distributions Received from Affiliated Investment Company		—			83,262
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(8,232	)		(929	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		6,462			(122,011	)
Net Increase (Decrease) in Net Assets Resulting from Operations		4,971			(15,370	)
Distributions From:
Net Investment Income		(13,366	)		(23,042	)
Net Short-Term Gains		(463	)		(2,528	)
Net Long-Term Gains		(77,610	)		(35,469	)
Total Distributions		(91,439	)		(61,039	)
Capital Share Transactions (1):
Shares Issued		278,776			386,999
Shares Issued in Lieu of Cash Distributions		91,408			61,039
Shares Redeemed		(214,849	)		(188,907	)
Net Increase (Decrease) from Capital Share Transactions		155,335			259,131
Total Increase (Decrease) in Net Assets		68,867			182,722
Net Assets
Beginning of Period		1,731,226			1,548,504
End of Period	$	1,800,093		$	1,731,226
(1) Shares Issued and Redeemed:
Shares Issued		16,278			19,491
Shares Issued in Lieu of Cash Distributions		5,258			3,141
Shares Redeemed		(12,604	)		(9,517	)
		8,932			13,115
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(45	)	$	6,580

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.
U.S. LARGE CAP VALUE PORTFOLIO III
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	18.75		$	19.55		$	16.89		$	14.91		$	12.50		$	10.55
Income from Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.28	(A)		0.31	(A)		0.25			0.14			0.16
Net Gains (Losses) (Realized and Unrealized)		(0.06	)		(0.33	)		2.69			1.91			2.54			1.94
Total from Investment Operations		0.01			(0.05	)		3.00			2.16			2.68			2.10
Less Distributions
Net Investment Income		(0.14	)		(0.27	)		(0.29	)		(0.18	)		(0.27	)		(0.15	)
Net Realized Gains		(0.84	)		(0.48	)		(0.05	)		—			—			—
Total Distributions		(0.98	)		(0.75	)		(0.34	)		(0.18	)		(0.27	)		(0.15	)
Net Asset Value, End of Period	$	17.78		$	18.75		$	19.55		$	16.89		$	14.91		$	12.50
Total Return		0.21	%(C)		(0.35	)%		18.10	%		14.62	%		21.72	%		20.23	%
Net Assets, End of Period (thousands)	$	1,800,093		$	1,731,226		$	1,548,504		$	1,122,582		$	821,194		$	545,795
Ratio of Expenses to Average Net Assets (D)		0.14	%(B)		0.14	%		0.14	%		0.17	%		0.19	%		0.18	%
Ratio of Net Investment Income to Average Net Assets		0.79	%(B)		1.41	%		1.75	%		1.60	%		1.02	%		1.58	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

  DIMENSIONAL INVESTMENT GROUP INC.
  U.S. LARGE CAP VALUE PORTFOLIO III
  NOTES TO FINANCIAL STATEMENTS
  (Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which U.S. Large Cap Value Portfolio III (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The U.S. Large Cap Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 18% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
U.S. Large Cap Value Portfolio III	$	1,800,162		—		—	$	1,800,162

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income

tax purposes were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share. (amounts in thousands):

Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	3,428			$	(739	)		$	(2,689	)

Net Investment Income and Short-Term Capital Gains				Long-Term Capital Gains				Total
$	866			$	2,562			$	3,428

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	24,206	$	1,558	$	25,764
2007		26,436		38,031		64,467

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	7,021			$	77,601			$	84,622

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	1,431,631			$	388,823			$	(20,292	)		$	368,531

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borr owings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held approximately 81% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,002.00		0.12	%	$	0.60
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.12	%	$	0.61

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Total
	16.0	%			4.8	%			16.5	%			32.2	%			0.6	%			15.4	%			4.6	%			3.4	%			6.5	%			100.0	%

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (90.6%)
Consumer Discretionary — (14.6%)
# CBS Corp. Class B		5,687,606	$	122,738,537		1.2	%
Clear Channel Communications, Inc.		1,942,666		68,032,163		0.7	%
# Comcast Corp. Class A		12,429,142		279,655,695		2.8	%
*# Ford Motor Co.		11,321,890		76,988,852		0.8	%
# General Motors Corp.		4,413,900		75,477,690		0.8	%
* IAC/InterActiveCorp.		2,097,251		47,293,010		0.5	%
* Liberty Media Corp. - Entertainment Class A		3,931,872		106,160,544		1.1	%
* Liberty Media Holding Corp. Interactive Class A		4,235,162		71,955,402		0.7	%
Time Warner, Inc.		18,688,980		296,781,002		2.9	%
Other Securities				479,707,827		4.6	%
Total Consumer Discretionary				1,624,790,722		16.1	%
Consumer Staples — (4.4%)
Archer-Daniels-Midland Co.		1,240,260		49,238,322		0.5	%
Coca-Cola Enterprises, Inc.		3,580,472		72,110,706		0.7	%
Kraft Foods, Inc.		4,030,190		130,900,571		1.3	%
SUPERVALU, Inc.		1,536,742		53,893,542		0.5	%
Other Securities				177,920,030		1.8	%
Total Consumer Staples				484,063,171		4.8	%
Energy — (15.0%)
Anadarko Petroleum Corp.		3,481,656		261,019,750		2.6	%
Apache Corp.		2,319,190		310,910,611		3.1	%
# Chesapeake Energy Corp.		3,199,938		175,260,604		1.7	%
ConocoPhillips		3,507,507		326,548,902		3.2	%
Devon Energy Corp.		1,997,042		231,537,049		2.3	%
# Pioneer Natural Resources Co.		786,498		56,462,691		0.6	%
Valero Energy Corp.		1,239,275		63,004,741		0.6	%
Other Securities				238,752,168		2.4	%
Total Energy				1,663,496,516		16.5	%
Financials — (29.0%)
Allstate Corp.		2,126,900		108,344,286		1.1	%
# American International Group, Inc.		3,921,610		141,177,960		1.4	%
Bank of America Corp.		6,581,274		223,829,129		2.2	%
# Capital One Financial Corp.		1,606,984		77,328,070		0.8	%
Chubb Corp.		1,482,600		79,704,576		0.8	%
# Cincinnati Financial Corp.		1,328,489		46,523,685		0.5	%
# CNA Financial Corp.		1,929,282		58,630,880		0.6	%
Hartford Financial Services Group, Inc.		1,157,500		82,263,525		0.8	%
JPMorgan Chase & Co.		7,876,534		338,690,962		3.4	%
Lincoln National Corp.		1,092,926		60,285,798		0.6	%
# Loews Corp.		3,874,202		192,044,193		1.9	%
# Merrill Lynch & Co., Inc.		1,433,140		62,943,509		0.6	%
# MetLife, Inc.		5,587,198		335,399,496		3.3	%
Morgan Stanley		1,602,371		70,872,869		0.7	%
Principal Financial Group, Inc.		1,193,300		64,295,004		0.6	%
Prudential Financial, Inc.		1,861,400		139,046,580		1.4	%
The Travelers Companies, Inc.		5,164,209		257,229,250		2.5	%
# Unum Group		2,446,189		58,904,231		0.6	%
Other Securities				824,610,099		8.1	%
Total Financials				3,222,124,102		31.9	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (0.5%)
Total Health Care			$	55,725,577		0.6	%
Industrials — (14.0%)
# Burlington Northern Santa Fe Corp.		2,216,173		250,538,358		2.5	%
CSX Corp.		3,367,404		232,552,920		2.3	%
Norfolk Southern Corp.		3,209,002		216,222,555		2.1	%
# Northrop Grumman Corp.		2,635,484		198,873,623		2.0	%
Raytheon Co.		740,994		47,319,877		0.5	%
# Southwest Airlines Co.		5,164,520		67,448,631		0.7	%
Union Pacific Corp.		4,137,400		340,549,394		3.4	%
Other Securities				198,826,581		1.9	%
Total Industrials				1,552,331,939		15.4	%
Information Technology — (4.1%)
* Computer Sciences Corp.		1,385,243		68,084,693		0.7	%
Electronic Data Systems Corp.		2,164,600		53,011,054		0.5	%
Other Securities				336,133,746		3.3	%
Total Information Technology				457,229,493		4.5	%
Materials — (3.1%)
# Weyerhaeuser Co.		1,440,429		89,781,940		0.9	%
Other Securities				250,480,280		2.5	%
Total Materials				340,262,220		3.4	%
Telecommunication Services — (5.9%)
AT&T, Inc.		8,217,218		327,866,998		3.2	%
Verizon Communications, Inc.		6,654,852		256,012,156		2.5	%
Other Securities				73,970,965		0.8	%
Total Telecommunication Services				657,850,119		6.5	%
TOTAL COMMON STOCKS				10,057,873,859		99.7	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $36,785,000 FHLMC 6.50%, 08/01/37, valued at $34,771,036) to be repurchased at $34,260,538	$	34,255		34,255,000		0.3	%
SECURITIES LENDING COLLATERAL — (9.1%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,208,778,964 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 04/01/12 to 05/01/48, valued at $924,550,951) to be repurchased at $897,798,066		897,622		897,622,282		8.9	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $214,255,654 FNMA, rates ranging from 5.000% to 8.000%, maturities ranging from 02/01/10 to 05/01/38, valued at $115,483,990) to be repurchased at $112,136,637		112,116		112,115,522		1.1	%
TOTAL SECURITIES LENDING COLLATERAL				1,009,737,804		10.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,790,024,787)			$	11,101,866,663		110.0	%

See accompanying Notes to Financial Statements.
15

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008

(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $968,283 of securities on loan)	$	10,057,874
Temporary Cash Investments at Value		34,255
Collateral Received from Securities on Loan at Value		1,009,738
Cash		1
Receivables:
Investment Securities Sold		417
Dividends and Interest		14,611
Securities Lending Income		511
Fund Shares Sold		4,664
Prepaid Expenses and Other Assets		30
Total Assets		11,122,101
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,009,738
Investment Securities Purchased		17,840
Fund Shares Redeemed		302
Due to Advisor		837
Accrued Expenses and Other Liabilities		435
Total Liabilities		1,029,152
NET ASSETS	$	10,092,949
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		463,872,100
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.76
Investments at Cost	$	8,746,032
Temporary Cash Investments at Cost	$	34,255
Collateral Received from Securities on Loan at Cost	$	1,009,738
NET ASSETS CONSIST OF:
Paid-In Capital	$	8,517,981
Undistributed Net Income (Distributions in Excess of Net Investment Income)		42,721
Accumulated Net Realized Gain (Loss)		220,405
Net Unrealized Appreciation (Depreciation)		1,311,842
NET ASSETS	$	10,092,949
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
16

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	82,991
Interest		944
Income from Securities Lending		1,544
Total Investment Income		85,479
Expenses
Investment Advisory Services Fees		4,802
Accounting & Transfer Agent Fees		478
Custodian Fees		51
Shareholders' Reports		50
Directors'/Trustees' Fees & Expenses		36
Legal Fees		19
Audit Fees		60
Other		33
Total Expenses		5,529
Net Investment Income (Loss)		79,950
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		292,276
Futures		(1,860	)
In-Kind Redemptions		48,401	*
Change in Unrealized Appreciation (Depreciation) of Investment Securities and Foreign Currency		(409,298	)
Net Realized and Unrealized Gain (Loss)		(70,481	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	9,469

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	79,950		$	146,991
Net Realized Gain (Loss) on:
Investment Securities Sold		292,276			(118,412	)
Futures		(1,860	)		—
In-Kind Redemptions		48,401	*		—
Change in Unrealized Appreciation (Depreciation) of
Investment Securities and Foreign Currency		(409,298	)		(150,559	)
Net Increase (Decrease) in Net Assets Resulting from Operations		9,469			(121,980	)
Distributions From:
Net Investment Income		(39,167	)		(146,268	)
Net Short-Term Gains		—			(14,058	)
Net Long-Term Gains		—			(463,917	)
Total Distributions		(39,167	)		(624,243	)
Capital Share Transactions (1):
Shares Issued		610,629			1,783,358
Shares Issued in Lieu of Cash Distributions		39,167			600,794
Shares Redeemed		(686,471	)*		(344,913	)
Net Increase (Decrease) from Capital Share Transactions		(36,675	)		2,039,239
Total Increase (Decrease) in Net Assets		(66,373	)		1,293,016
Net Assets
Beginning of Period		10,159,322			8,866,306
End of Period	$	10,092,949		$	10,159,322
(1) Shares Issued and Redeemed:
Shares Issued		29,262			75,958
Shares Issued in Lieu of Cash Distributions		1,966			26,704
Shares Redeemed		(33,177	)		(15,046	)
		(1,949	)		87,616
Undistributed Net Income (Distributions in Excess of Net Investment Income)	$	42,721		$	1,938

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	SIx Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income from Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.13	)		(0.38	)		3.27			2.41			3.09			2.41
Total from Investment Operations		0.04			(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.09	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.09	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	21.76		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		0.20	%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	10,092,949		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.66	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		8	%(C)		9	%		13	%		9	%		7	%		7	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
19

  THE DFA INVESTMENT TRUST COMPANY
  THE U.S. LARGE CAP VALUE SERIES
  NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one series, of which The U.S. Large Cap Value Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The U.S. Large Cap Value Series	$	10,057,874	$	1,043,993		—	$	11,101,867

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $202 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, utilizing the effective i nterest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	842,246
Sales					755,345

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to a reclassification of distributions were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	(270	)		$	270

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	141,704	$	186,026	$	327,730
2007		160,367		463,876		624,243

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated (Losses)
$	2,141			$	(118,411	)		$	(116,270	)

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Series had a capital loss carryforward available to offset future realized capital gains through the indicated expiration date (amount in thousands).

Expires on November 30,
2015
$	118,411

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	9,790,025			$	2,350,917			$	(1,039,075	)		$	1,311,842

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

2. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the c ontract at the time it was opened and the value at the time it was closed.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009.

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.03	%		$	5,774				4			$	3			$	5,880

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Series under this line of credit during the six months ended May 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the six months ended May 31, 2008, the fund realized $48,401 (in thousands) of net gain.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

DFA053108-010S

DIMENSIONAL INVESTMENT GROUP INC.

Emerging Markets Portfolio II

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

Dimensional Investing

	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — Emerging Markets Portfolio II

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The Emerging Markets Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		18

Statement of Operations		19

Statements of Changes in Net Assets		20

Financial Highlights		21

Notes to Financial Statements		22

Voting Proxies on Fund Portfolio Securities		28

Board Approval of Investment Advisory Agreement		29

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of May 31, 2008.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	979.20		0.37	%	$	1.83
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.15		0.37	%	$	1.87

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The Emerging Markets Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value†	$	277,105
Receivable for Fund Shares Sold		565
Prepaid Expenses and Other Assets		34
Total Assets		277,704
LIABILITIES:
Payables:
Affiliated Investment Company		565
Due to Advisor		34
Accrued Expenses and Other Liabilities		14
Total Liabilities		613
NET ASSETS	$	277,091
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		9,603,481
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	28.85
Investment at Cost	$	225,386
NET ASSETS CONSIST OF:
Paid-In Capital	$	213,503
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		2,898
Accumulated Net Realized Gain (Loss)		9,026
Deferred Thailand Capital Gains Tax		(60	)
Net Unrealized Foreign Exchange Gain (Loss)		5
Net Unrealized Appreciation (Depreciation)		51,719
NET ASSETS	$	277,091
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $334)	$	3,662
Interest		13
Income from Securities Lending		185
Expenses Allocated from Affiliated Investment Company		(255	)
Total Investment Income		3,605
Expenses
Administrative Services Fees		209
Accounting & Transfer Agent Fees		8
Filing Fees		29
Shareholders' Reports		8
Directors'/Trustees' Fees & Expenses		1
Legal Fees		1
Audit Fees		1
Other		1
Total Expenses		258
Net Investment Income (Loss)		3,347
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		9,257
Futures		(11	)
Foreign Currency Transactions		(128	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(20,645	)
Translation of Foreign Currency Denominated Amounts		5
Deferred Thailand Capital Gains Tax		33
Net Realized and Unrealized Gain (Loss)		(11,489	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(8,142	)

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	3,347		$	2,898
Net Realized Gain (Loss) on:
Investment Securities Sold		9,257			3,885
Futures		(11	)		—
Foreign Currency Transactions		(128	)		5
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(20,645	)		47,846
Translation of Foreign Currency Denominated Amounts		5			(1	)
Deferred Thailand Capital Gains Tax		33			(57	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(8,142	)		54,576
Distributions From:
Net Investment Income		(3,152	)		(1,289	)
Net Long-Term Gain		(2,284	)		—
Total Distributions		(5,436	)		(1,289	)
Capital Share Transactions (1):
Shares Issued		24,881			240,044
Shares Issued in Lieu of Cash Distributions		5,436			1,289
Shares Redeemed		(50,275	)		(46,626	)
Net Increase (Decrease) from Capital Share Transactions		(19,958	)		194,707
Total Increase (Decrease) in Net Assets		(33,536	)		247,994
Net Assets
Beginning of Period		310,627			62,633
End of Period	$	277,091		$	310,627
(1) Shares Issued and Redeemed:
Shares Issued		890			9,033
Shares Issued in Lieu of Cash Distributions		191			59
Shares Redeemed		(1,830	)		(1,655	)
		(749	)		7,437
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	2,898		$	2,703

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	30.01		$	21.50		$	16.79		$	13.03		$	9.78		$	7.11
Income from Investment Operations
Net Investment Income (Loss)		0.34	(A)		0.53	(A)		0.45	(A)		0.53	(A)		0.24			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.97	)		8.42			4.74			3.47			3.18			2.63
Total from Investment Operations		(0.63	)		8.95			5.19			4.00			3.42			2.79
Less Distributions
Net Investment Income		(0.31	)		(0.44	)		(0.48	)		(0.24	)		(0.17	)		(0.12	)
Net Realized Gains		(0.22	)		—			—			—			—			—
Total Distributions		(0.53	)		(0.44	)		(0.48	)		(0.24	)		(0.17	)		(0.12	)
Net Asset Value, End of Period	$	28.85		$	30.01		$	21.50		$	16.79		$	13.03		$	9.78
Total Return		(2.08	)%(C)		42.40	%		31.67	%		31.22	%		35.39	%		39.88	%
Net Assets, End of Period (thousands)	$	277,091		$	310,627		$	62,633		$	33,940		$	22,778		$	13,272
Ratio of Expenses to Average Net Assets (D)		0.37	%(B)		0.39	%		0.35	%		0.41	%		0.53	%		0.58	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.37	%(B)		0.43	%		0.74	%		0.81	%		0.93	%		0.98	%
Ratio of Net Investment Income to Average Net Assets		2.40	%(B)		2.13	%		2.38	%		3.60	%		2.43	%		2.09	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

  DIMENSIONAL INVESTMENT GROUP INC.
  EMERGING MARKETS PORTFOLIO II
  NOTES TO FINANCIAL STATEMENTS
  (Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the Emerging Markets Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The Emerging Markets Series (the "Series"), a series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 8% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The Portfolio's investment reflects its proportionate interest in the net assets of the Series.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Emerging Markets Portfolio II	$	277,105		—		—	$	277,105

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all

or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income, are included in Other Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $6 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment companies are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of distributions received that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on avera ge net assets.

The Emerging Markets Portfolio II recognizes its pro-rata share of net investment income and realized and unrealized gains (losses) of investment securities and foreign currency, on a daily basis, from the Series, which is treated as a partnership for federal income tax purposes.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period of December 1, 2006 to March 29, 2007, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.40% of the first $50 million of average daily net assets and no fee on assets exceeding $50 million. From March 30, 2007 to May 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisory based on an effective annual rate of 0.15% of average daily net assets.

Prior to April 1, 2007, pursuant to a Fee Waiver and Expense Assumption Agreement for Emerging Markets Portfolio II, the Advisor had contractually agreed to waive its administration fee of 0.40% per year for the Portfolio on the first $50 million of the Portfolio's average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended May 31, 2008, the total related amounts paid by the Fund to the CCO were $14 (in thousands). The total related amount paid by the Portfolio is included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to realized net foreign currency gains/losses and net realized gains on securities considered to be "passive foreign investment companies" were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	60			$	(60	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	975		—	$	975
2007		1,289		—		1,289

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	2,706			$	2,274			$	4,980

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. At November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

During the year ended November 30, 2007, the Portfolio utilized capital loss carryforwards to offset realized capital gains of $1,546 (in thousands).

Some of the Master Fund's investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are allocated to the Portfolio and are required to be included in distributable net investment income for tax purposes. At November 30, 2007, the Portfolio received cumulative unrealized appreciation (depreciation) (mark to market) and realized gains from allocations received on the sale of passive foreign investment companies (in thousands) of $12 and $43, respectively, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	225,405			$	54,460			$	(2,760	)		$	51,700

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borr owings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held 100% of the outstanding shares of the Portfolio.

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	980.60		0.18	%	$	0.89
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.10		0.18	%	$	0.91

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Other				Total
	5.2	%			7.8	%			9.8	%			19.8	%			3.1	%			8.8	%			10.2	%			19.2	%			12.0	%			4.0	%			0.1	%			100.0	%

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
ARGENTINA — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities			$	13,061,779		0.4	%
BRAZIL — (11.6%)
COMMON STOCKS — (2.9%)
Companhia Siderurgica Nacional SA		502,476		24,498,215		0.7	%
Petroleo Brasilerio SA ADR (71654V101)		363,200		21,951,808		0.7	%
Petroleo Brasilerio SA ADR (71654V408)		265,800		18,738,900		0.6	%
Other Securities				39,228,835		1.1	%
TOTAL COMMON STOCKS				104,417,758		3.1	%
PREFERRED STOCKS — (8.7%)
Banci Itau Holding Financeira SA		1,205,700		37,064,248		1.1	%
Banco Bradesco SA		1,763,841		42,531,721		1.3	%
# Companhia de Bebidas das Americas Preferred ADR		382,700		26,280,009		0.8	%
Companhia Vale do Rio Doce Series A		2,323,591		77,457,795		2.3	%
Gerdau SA		378,134		19,035,728		0.6	%
Usinas Siderurgicas de Minas Gerais SA Series A		337,962		18,181,171		0.6	%
Other Securities				97,445,889		2.9	%
TOTAL PREFERRED STOCKS				317,996,561		9.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				7,022		0.0	%
TOTAL — BRAZIL				422,421,341		12.7	%
CHILE — (3.2%)
COMMON STOCKS — (3.2%)
Banco Santander Chile SA ADR		295,998		15,391,896		0.5	%
Empresa Nacional de Electricidad SA Sponsored ADR		514,018		26,189,217		0.8	%
# Sociedad Quimica y Minera de Chile SA Sponsored ADR		613,000		20,866,520		0.6	%
Other Securities				54,785,133		1.6	%
TOTAL COMMON STOCKS				117,232,766		3.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				110,949		0.0	%
TOTAL — CHILE				117,343,715		3.5	%
CHINA — (8.0%)
COMMON STOCKS — (8.0%)
China Construction Bank Corp.		20,375,000		18,191,369		0.6	%
*# China Life Insurance Co., Ltd. ADR		337,222		20,351,348		0.6	%
China Mobile, Ltd. Sponsored ADR		564,277		41,638,000		1.3	%
# CNOOC, Ltd. ADR		128,476		22,777,510		0.7	%
* Industrial and Commercial Bank of China (Asia), Ltd.		30,590,000		22,912,249		0.7	%
# PetroChina Co., Ltd. ADR		154,573		22,034,381		0.7	%
Other Securities				143,646,198		4.2	%
TOTAL — CHINA				291,551,055		8.8	%

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
CZECH REPUBLIC — (1.4%)
COMMON STOCKS — (1.4%)
CEZ A.S.		381,144	$	31,488,292		0.9	%
Other Securities				19,251,667		0.6	%
TOTAL — CZECH REPUBLIC				50,739,959		1.5	%
HUNGARY — (1.4%)
COMMON STOCKS — (1.4%)
*# MOL Hungarian Oil & Gas NYRT		168,429		25,355,807		0.8	%
*# OTP Bank NYRT		320,801		14,465,920		0.4	%
Other Securities				10,069,031		0.3	%
TOTAL — HUNGARY				49,890,758		1.5	%
INDIA — (10.5%)
COMMON STOCKS — (10.5%)
Hindustan Unilever, Ltd.		2,562,524		14,295,246		0.4	%
ICICI Bank Sponsored ADR		629,447		23,749,035		0.7	%
Infosys Technologies, Ltd.		657,429		30,453,727		0.9	%
ITC, Ltd.		3,314,510		17,001,526		0.5	%
Larsen & Toubro, Ltd.		216,588		15,175,761		0.5	%
Reliance Communications, Ltd.		1,071,955		14,533,262		0.4	%
Reliance Industries, Ltd.		1,030,847		58,269,610		1.8	%
Other Securities				207,871,507		6.3	%
TOTAL COMMON STOCKS				381,349,674		11.5	%
PREFERRED STOCKS — (0.0%)
Other Securities				1,722,934		0.0	%
TOTAL — INDIA				383,072,608		11.5	%
INDONESIA — (1.8%)
COMMON STOCKS — (1.8%)
Other Securities				64,731,913		1.9	%
ISRAEL — (3.9%)
COMMON STOCKS — (3.9%)
Israel Chemicals, Ltd.		1,271,740		29,352,327		0.9	%
Teva Pharmaceutical Industries, Ltd. Sponsored ADR		1,322,025		60,456,203		1.8	%
Other Securities				54,242,849		1.6	%
TOTAL — ISRAEL				144,051,379		4.3	%
MALAYSIA — (4.2%)
COMMON STOCKS — (4.2%)
Other Securities				154,774,590		4.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				239,574		0.0	%
TOTAL — MALAYSIA				155,014,164		4.7	%
MEXICO — (8.5%)
COMMON STOCKS — (8.5%)
America Movil S.A.B. de C.V. Series L		20,736,559		61,809,602		1.9	%
America Movil S.A.B. de C.V. Series L ADR		376,240		22,487,865		0.7	%
# Cemex S.A.B. de C.V. Sponsored ADR		771,224		21,933,611		0.7	%
Grupo Mexico S.A.B. de C.V. Series B		1,992,574		14,925,431		0.5	%
# Telefonos de Mexico S.A.B. de C.V.		10,416,800		21,540,792		0.7	%

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
# Wal-Mart de Mexico S.A.B. de C.V. Series V		5,958,558	$	26,340,829		0.8	%
Other Securities				140,217,220		4.0	%
TOTAL — MEXICO				309,255,350		9.3	%
PHILIPPINES — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				22,300,173		0.7	%
POLAND — (1.6%)
COMMON STOCKS — (1.6%)
Bank Pekao SA		163,030		14,171,204		0.4	%
Other Securities				43,241,201		1.3	%
TOTAL — POLAND				57,412,405		1.7	%
SOUTH AFRICA — (10.5%)
COMMON STOCKS — (10.5%)
Anglo American Platinum Corp., Ltd.		143,540		25,009,513		0.8	%
ArcelorMittal South Africa, Ltd.		459,163		15,060,405		0.5	%
Impala Platinum Holdings, Ltd.		749,481		32,003,769		1.0	%
MTN Group, Ltd.		2,592,990		51,844,934		1.6	%
Sasol, Ltd. Sponsored ADR		1,029,100		64,730,390		1.9	%
Standard Bank Group, Ltd.		1,797,036		19,622,305		0.6	%
Other Securities				174,376,844		5.1	%
TOTAL — SOUTH AFRICA				382,648,160		11.5	%
SOUTH KOREA — (10.3%)
COMMON STOCKS — (10.3%)
# Hyundai Heavy Industries Co., Ltd.		49,890		18,187,519		0.6	%
POSCO		46,060		25,174,520		0.8	%
Samsung Electronics Co., Ltd.		97,139		69,922,372		2.1	%
Other Securities				261,991,991		7.8	%
TOTAL COMMON STOCKS				375,276,402		11.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				8,453		0.0	%
TOTAL — SOUTH KOREA				375,284,855		11.3	%
TAIWAN — (9.8%)
COMMON STOCKS — (9.8%)
Cathay Financial Holdings Co., Ltd.		8,465,487		21,656,606		0.7	%
Hon Hai Precision Industry Co., Ltd.		5,183,007		29,336,784		0.9	%
Nan Ya Plastic Corp.		6,878,218		15,952,730		0.5	%
Taiwan Semiconductor Manufacturing Co., Ltd.		22,163,693		48,469,267		1.5	%
Other Securities				243,508,896		7.2	%
TOTAL — TAIWAN				358,924,283		10.8	%
THAILAND — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				52,668,442		1.6	%
TURKEY — (1.6%)
COMMON STOCKS — (1.6%)
Other Securities				56,876,864		1.7	%

THE EMERGING MARKETS SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $14,160,000 FHLMC 6.584%(r), 03/01/37, valued at $11,443,190) to be repurchased at $11,273,822	$	11,272	$	11,272,000		0.3	%
SECURITIES LENDING COLLATERAL — (9.0%)
@ Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $111,122,484 FHLMC 6.000%, 10/01/37 & FNMA 6.000%, 03/01/37, valued at $102,000,000) to be repurchased at $100,019,167		100,000		100,000,000		3.0	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $252,584,345 FHLMC, rates ranging from 4.831%(r) to 6.500%, maturities ranging from 11/01/16 to 04/01/38 & FNMA, rates ranging from 4.907%(r) to 5.661%(r), maturities ranging from 01/01/36 to 03/01/48, valued at $230,559,371) to be repurchased at $226,082,865		226,039		226,038,599		6.8	%
TOTAL SECURITIES LENDING COLLATERAL				326,038,599		9.8	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,076,501,517)			$	3,644,559,802		109.5	%

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands)

ASSETS:
Investments at Value (including $299,311 of securities on loan)	$	3,307,249
Temporary Cash Investments at Value		11,272
Collateral Received from Securities on Loan at Value		326,039
Foreign Currencies at Value		6,702
Cash		15
Receivables:
Investment Securities Sold		1,817
Dividends, Interest and Tax Reclaims		12,140
Securities Lending Income		368
Fund Shares Sold		2,084
Prepaid Expenses and Other Assets		17
Total Assets		3,667,703
LIABILITIES:
Payables:
Upon Return of Securities Loaned		326,039
Investment Securities Purchased		8,721
Due to Advisor		278
Deferred Thailand Capital Gains Tax		2,836
Accrued Expenses and Other Liabilities		331
Total Liabilities		338,205
NET ASSETS	$	3,329,498
Investments at Cost	$	1,739,191
Temporary Cash Investments at Cost	$	11,272
Collateral Received from Securities on Loan at Cost	$	326,039
Foreign Currencies at Cost	$	6,475

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $4,024)	$	44,302
Interest		159
Income from Securities Lending		2,232
Total Investment Income		46,693
Expenses
Investment Advisory Services Fees		1,681
Accounting & Transfer Agent Fees		176
Custodian Fees		1,121
Shareholders' Reports		14
Directors'/Trustees' Fees & Expenses		13
Legal Fees		8
Audit Fees		21
Other		43
Total Expenses		3,077
Net Investment Income (Loss)		43,616
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		312,490
Futures		(361	)
Foreign Currency Transactions		(1,564	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(436,756	)
Translation of Foreign Currency Denominated Amounts		59
Deferred Thailand Capital Gains Tax		749
Net Realized and Unrealized Gain (Loss)		(125,383	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(81,767	)

See accompanying Notes to Financial Statements.
19

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	43,616		$	76,347
Net Realized Gain (Loss) on:
Investment Securities Sold		312,490			143,019
Futures		(361	)		—
Foreign Currency Transactions		(1,564	)		(111	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(436,756	)		859,017
Translation of Foreign Currency Denominated Amounts		59			(27	)
Deferred Thailand Capital Gains Tax		749			(884	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(81,767	)		1,077,361
Transactions in Interest:
Contributions		108,959			481,891
Withdrawals		(405,484	)		(266,433	)
Net Increase from Transactions in Interest		(296,525	)		215,458
Total Increase (Decrease) in Net Assets		(378,292	)		1,292,819
Net Assets
Beginning of Period		3,707,790			2,414,971
End of Period	$	3,329,498		$	3,707,790

See accompanying Notes to Financial Statements.
20

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

FINANCIAL HIGHLIGHTS

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(1.94	)%(C)		42.62	%		31.87	%		31.23	%		35.47	%		39.67	%
Net Assets, End of Period (thousands)	$	3,329,498		$	3,707,790		$	2,414,971		$	1,852,565		$	1,160,262		$	607,561
Ratio of Expenses to Average Net Assets		0.18	%(B)		0.19	%		0.20	%		0.27	%		0.31	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		2.59	%(B)		2.52	%		2.54	%		3.70	%		2.63	%		2.23	%
Portfolio Turnover Rate		7	%(C)		7	%		11	%		9	%		2	%		1	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
21

THE DFA INVESTMENT TRUST COMPANY
THE EMERGING MARKETS SERIES
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one series, of which The Emerging Markets Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Series (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Unlisted securities for which market quotations are readily available are valued at the mean of the most recent quoted bid and asked prices. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the NYSE.

The Series will also fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the New York Stock Exchange (NYSE). For example, trading in the Japanese securities markets is completed each day at the close of Tokyo Stock Exchange (normally 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally 1:00 p.m. PT) and the time that the net asset value of the Series is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series prices its shares at the close of the NYSE, the Series will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and tradin g activities on the Series' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Series has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable, and may trigger fair value pricing. Consequently, fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the

net asset value of the Series. When the Series uses fair value pricing, the values assigned to the Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The Emerging Markets Series	$	1,267,665	$	2,376,895		—	$	3,644,560

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealize d appreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $71 (in thousands).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective i nterest method. Expenses directly attributable to the Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which they invest, with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Series' investments in Thailand are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Series accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. The Series is also subject to a 10% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended May 31, 2008, the total related amounts paid by the Trust to the CCO were $58 (in thousands). The total related amount paid by the Series is included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

Purchases				$	235,103
Sales					498,760

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Tax:

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed through" to its partners.

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for tax purposes. At November 30, 2007, the Series had cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies (in thousands) of $1,160 and $1,623, respectively, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	2,077,330			$	1,645,579			$	(78,349	)		$	1,567,230

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

1. Repurchase Agreements: The Series may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Trust's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on May 30, 2008.

2. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign government supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities by the Series may be inhibited.

3. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the c ontract at the time it was opened and the value at the time it was closed.

instruments and from the possibility that the Series could lose more than the initial margin requirements. At May 31, 2008, the Series did not hold any open Futures Contracts.

G. Line of Credit:

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentage and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.60	%		$	9,888				17			$	21			$	18,238

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

H. Securities Lending:

As of May 31, 2008, the Series had securities on loan to brokers/dealers, for which the Series held cash collateral. The Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are required at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. In the event that the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Fund or, at the option of the lending agent, to replace the securities.

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-011S

DIMENSIONAL INVESTMENT GROUP INC.

Tax-Managed U.S. Marketwide Value Portfolio II

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

Dimensional Investing	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — Tax-Managed Marketwide Value Portfolio II

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The Tax-Managed U.S. Marketwide Value Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		17

Statement of Operations		18

Statements of Changes in Net Assets		19

Financial Highlights		20

Notes to Financial Statements		21

Voting Proxies on Fund Portfolio Securities		26

Board Approval of Investment Advisory Agreement		27

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

REIT Real Estate Investment Trust

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	977.00		0.23	%	$	1.14
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.85		0.23	%	$	1.16

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The Tax-Managed U.S. Marketwide Value Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value†	$	1,067,725
Receivables:
Affiliated Investment Company		178
Fund Shares Sold		308
Prepaid Expenses and Other Assets		35
Total Assets		1,068,246
LIABILITIES:
Payables:
Fund Shares Redeemed		486
Accrued Expenses and Other Liabilities		75
Total Liabilities		561
NET ASSETS	$	1,067,685
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		66,294,640
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	16.11
Investment at Cost	$	879,065
NET ASSETS CONSIST OF:
Paid-In Capital	$	842,413
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		4,845
Accumulated Net Realized Gain (Loss)		31,767
Net Unrealized Appreciation (Depreciation)		188,660
NET ASSETS	$	1,067,685
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	9,986
Interest		142
Income from Securities Lending		348
Expenses Allocated from Affiliated Investment Company		(1,090	)
Total Investment Income		9,386
Expenses
Accounting & Transfer Agent Fees		13
Filing Fees		23
Shareholders' Reports		25
Directors'/Trustees' Fees & Expenses		3
Legal Fees		11
Audit Fees		2
Other		3
Total Expenses		80
Net Investment Income (Loss)		9,306
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		32,754
Futures		(793	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities		(61,153	)
Net Realized and Unrealized Gain (Loss)		(29,192	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(19,886	)

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	9,306		$	18,204
Net Realized Gain (Loss) on:
Investment Securities Sold		32,754			58,675
Futures		(793	)		—
Change in Unrealized Appreciation (Depreciation) of Investment Securities		(61,153	)		(76,760	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(19,886	)		119
Distributions From:
Net Investment Income		(9,272	)		(17,542	)
Net Long-Term Gains		(43,810	)		—
Total Distributions		(53,082	)		(17,542	)
Capital Share Transactions (1):
Shares Issued		198,649			209,281
Shares Issued in Lieu of Cash Distributions		53,061			17,537
Shares Redeemed		(221,323	)		(114,505	)
Net Increase (Decrease) from Capital Share Transactions		30,387			112,313
Total Increase (Decrease) in Net Assets		(42,581	)		94,890
Net Assets
Beginning of Period		1,110,266			1,015,376
End of Period	$	1,067,685		$	1,110,266
(1) Shares Issued and Redeemed:
Shares Issued		12,807			11,360
Shares Issued in Lieu of Cash Distributions		3,289			966
Shares Redeemed		(13,573	)		(6,345	)
		2,523			5,981
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	4,845		$	4,811

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	17.41		$	17.57		$	15.17		$	13.20		$	11.08		$	9.06
Income from Investment Operations
Net Investment Income (Loss)		0.14	(A)		0.29	(A)		0.26	(A)		0.20			0.13			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.53	)		(0.16	)		2.39			1.94			2.12			2.01
Total from Investment Operations		(0.39	)		0.13			2.65			2.14			2.25			2.06
Less Distributions
Net Investment Income		(0.15	)		(0.29	)		(0.25	)		(0.17	)		(0.13	)		(0.04	)
Net Realized Gains		(0.76	)		—			—			—			—			—
Total Distributions		(0.91	)		(0.29	)		(0.25	)		(0.17	)		(0.13	)		(0.04	)
Net Asset Value, End of Period	$	16.11		$	17.41		$	17.57		$	15.17		$	13.20		$	11.08
Total Return		(2.24	)%(C)		0.67	%		17.67	%		16.36	%		20.41	%		22.91	%
Net Assets, End of Period (thousands)	$	1,067,685		$	1,110,266		$	1,015,376		$	721,743		$	505,147		$	328,258
Ratio of Expenses to Average Net Assets (D)		0.23	%(B)		0.23	%		0.24	%		0.26	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		1.85	%(B)		1.59	%		1.61	%		1.49	%		1.11	%		0.57	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which Tax-Managed U.S. Marketwide Value Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The Tax-Managed U.S. Marketwide Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 29% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The Portfolio's investment reflects its proportionate interest in the net assets of the Series.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Tax-Managed Marketwide Value Portfolio II	$	1,067,725		—		—	$	1,067,725

all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $21 (in thousands).

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of distributions received that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Direc tors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	1,984			$	(470	)		$	(1,514	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gain		Total
2006	$	12,670		—	$	12,670
2007		18,012	$	1,514		19,526

Net Investment Income and Short-Term Capital Gains				Long-Term Capital Gains				Total
$	470			$	1,514			$	1,984

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	4,834			$	43,757			$	48,591

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. At November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

During the year ended November 30, 2007, the Portfolio utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes of $13,338 (in thousands).

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	879,269			$	275,727			$	(87,271	)		$	188,456

the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolio's financial statements.

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borr owings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held approximately 92% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	977.50		0.22	%	$	1.09
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.22	%	$	1.11

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Total
	12.9	%			5.2	%			19.0	%			32.4	%			2.1	%			11.7	%			7.4	%			3.3	%			6.0	%			100.0	%

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (88.9%)
Consumer Discretionary — (11.6%)
CBS Corp. Class B		880,766	$	19,006,930		0.5	%
Comcast Corp. Class A		3,086,461		69,445,372		1.9	%
Comcast Corp. Special Class A Non-Voting		1,089,388		24,282,459		0.7	%
* Liberty Media Corp. - Entertainment Class A		625,764		16,895,628		0.5	%
Time Warner, Inc.		5,109,656		81,141,337		2.2	%
Other Securities				268,512,201		7.2	%
Total Consumer Discretionary				479,283,927		13.0	%
Consumer Staples — (4.7%)
Archer-Daniels-Midland Co.		638,865		25,362,940		0.7	%
CVS Caremark Corp.		801,214		34,283,947		0.9	%
Kraft Foods, Inc.		701,313		22,778,646		0.6	%
Other Securities				110,596,800		3.0	%
Total Consumer Staples				193,022,333		5.2	%
Energy — (16.8%)
Anadarko Petroleum Corp.		778,868		58,391,734		1.6	%
Apache Corp.		487,346		65,333,605		1.8	%
Chesapeake Energy Corp.		620,500		33,984,785		0.9	%
ConocoPhillips		2,003,846		186,558,063		5.0	%
# Devon Energy Corp.		617,500		71,592,950		1.9	%
Hess Corp.		302,400		37,137,744		1.0	%
Marathon Oil Corp.		442,123		22,720,701		0.6	%
Noble Energy, Inc.		242,940		23,674,503		0.6	%
Valero Energy Corp.		738,360		37,538,222		1.0	%
Other Securities				159,570,580		4.4	%
Total Energy				696,502,887		18.8	%
Financials — (28.7%)
Allstate Corp.		642,300		32,718,762		0.9	%
American International Group, Inc.		2,060,935		74,193,660		2.0	%
Bank of America Corp.		2,312,268		78,640,235		2.1	%
# Blackrock, Inc.		111,100		24,996,389		0.7	%
# Capital One Financial Corp.		530,369		25,521,356		0.7	%
Chubb Corp.		555,965		29,888,678		0.8	%
Fifth Third Bancorp		1,011,926		18,923,016		0.5	%
Hartford Financial Services Group, Inc.		468,816		33,318,753		0.9	%
JPMorgan Chase & Co.		3,240,748		139,352,164		3.8	%
# Lehman Brothers Holdings, Inc.		632,700		23,289,687		0.6	%
Lincoln National Corp.		320,583		17,683,358		0.5	%
# Loews Corp.		763,597		37,851,503		1.0	%
MetLife, Inc.		1,070,900		64,286,127		1.8	%
Prudential Financial, Inc.		478,438		35,739,319		1.0	%
SunTrust Banks, Inc.		498,164		26,009,142		0.7	%
The Travelers Companies, Inc.		917,301		45,690,763		1.2	%
# Wachovia Corp.		1,339,554		31,881,385		0.9	%
Other Securities				450,751,681		12.1	%
Total Financials				1,190,735,978		32.2	%

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (1.8%)
* WellPoint, Inc.		299,492	$	16,717,643		0.5	%
Other Securities				59,962,852		1.6	%
Total Health Care				76,680,495		2.1	%
Industrials — (10.3%)
Burlington Northern Santa Fe Corp.		493,950		55,841,048		1.5	%
CSX Corp.		703,520		48,585,091		1.3	%
Norfolk Southern Corp.		661,000		44,538,180		1.2	%
Northrop Grumman Corp.		234,510		17,696,125		0.5	%
Raytheon Co.		353,900		22,600,054		0.6	%
Union Pacific Corp.		902,570		74,290,537		2.0	%
Other Securities				163,830,955		4.4	%
Total Industrials				427,381,990		11.5	%
Information Technology — (6.6%)
Electronic Data Systems Corp.		863,039		21,135,825		0.6	%
Hewlett-Packard Co.		1,368,545		64,403,728		1.8	%
*# Symantec Corp.		1,197,421		26,019,958		0.7	%
Xerox Corp.		1,251,132		16,990,373		0.5	%
Other Securities				143,397,548		3.8	%
Total Information Technology				271,947,432		7.4	%
Materials — (3.0%)
International Paper Co.		635,462		17,297,276		0.5	%
Weyerhaeuser Co.		315,467		19,663,058		0.5	%
Other Securities				86,604,730		2.3	%
Total Materials				123,565,064		3.3	%
Other — (0.0%)
Total Other				246		0.0	%
Telecommunication Services — (5.4%)
AT&T, Inc.		2,740,890		109,361,511		3.0	%
Sprint Nextel Corp.		1,795,724		16,807,977		0.5	%
Verizon Communications, Inc.		2,151,104		82,752,971		2.2	%
Other Securities				13,446,738		0.3	%
Total Telecommunication Services				222,369,197		6.0	%
Utilities — (0.0%)
Total Utilities				1,168,036		0.0	%
TOTAL COMMON STOCKS				3,682,657,585		99.5	%
PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
Total Health Care				638,694		0.0	%
TEMPORARY CASH INVESTMENTS — (0.7%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		28,566,244		28,566,244		0.8	%

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (10.4%)
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $647,724,714 FNMA, rates ranging from 4.500% to 7.660%(r), maturities ranging from 09/01/11 to 03/01/48, valued at $391,434,168) to be repurchased at $380,107,595	$	380,033	$	380,033,172		10.3	%
@ Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $81,235,000 FNMA, rates ranging from 4.500% to 6.000%, maturities ranging from 08/01/08 to 11/01/36, valued at $49,927,664) to be repurchased at $48,479,894		48,471		48,470,765		1.3	%
TOTAL SECURITIES LENDING COLLATERAL				428,503,937		11.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,513,713,169)			$	4,140,366,460		111.9	%

See accompanying Notes to Financial Statements.
16

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands)

ASSETS:
Investments at Value (including $408,706 of securities on loan)	$	3,683,296
Temporary Cash Investments at Value		28,566
Collateral Received from Securities on Loan at Value		428,504
Receivables:
Investment Securities Sold		32,502
Dividends and Interest		5,403
Fund Shares Sold		630
Securities Lending Income		318
Prepaid Expenses and Other Assets		11
Total Assets		4,179,230
LIABILITIES:
Payables:
Upon Return of Securities Loaned		428,504
Investment Securities Purchased		48,185
Fund Shares Redeemed		178
Due to Advisor		614
Accrued Expenses and Other Liabilities		158
Total Liabilities		477,639
NET ASSETS	$	3,701,591
Investments at Cost	$	3,056,643
Temporary Cash Investments at Cost	$	28,566
Collateral Received from Securities on Loan at Cost	$	428,504

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	35,054
Interest		501
Income from Securities Lending		1,217
Total Investment Income		36,772
Expenses
Investment Advisory Services Fees		3,538
Accounting & Transfer Agent Fees		182
Custodian Fees		37
Shareholders' Reports		10
Directors'/Trustees' Fees & Expenses		12
Legal Fees		7
Audit Fees		23
Other		16
Total Expenses		3,825
Net Investment Income (Loss)		32,947
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		105,907
Futures		(2,752	)
Change in Unrealized Appreciation (Depreciation) of
Investment Securities		(220,106	)
Net Realized and Unrealized Gain (Loss)		(116,951	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(84,004	)

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	32,947		$	63,884
Net Realized Gain (Loss) on:
Investment Securities Sold		105,907			197,904
Futures		(2,752	)		—
Change in Unrealized Appreciation (Depreciation) of
Investment Securities		(220,106	)		(257,139	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(84,004	)		4,649
Transactions in Interest:
Contributions		262,788			478,784
Withdrawals		(335,773	)		(146,412	)
Net Increase (Decrease) from Transactions in Interest		(72,985	)		332,372
Total Increase (Decrease) in Net Assets		(156,989	)		337,021
Net Assets
Beginning of Period		3,858,580			3,521,559
End of Period	$	3,701,591		$	3,858,580

See accompanying Notes to Financial Statements.
19

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

FINANCIAL HIGHLIGHTS

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Total Return		(2.25	)%(C)		0.67	%		17.70	%		16.44	%		20.49	%		22.88	%
Net Assets, End of Period (thousands)	$	3,701,591		$	3,858,580		$	3,521,559		$	2,476,387		$	1,702,613		$	1,085,233
Ratio of Expenses to Average Net Assets		0.22	%(B)		0.22	%		0.22	%		0.24	%		0.25	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		1.86	%(B)		1.61	%		1.63	%		1.52	%		1.14	%		0.61	%
Portfolio Turnover Rate		24	%(C)		21	%		21	%		12	%		5	%		6	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
20

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one series, of which The Tax-Managed U.S. Marketwide Value Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The Tax-Managed U.S. Marketwide Value Series	$	3,711,803	$	428,563		—	$	4,140,366

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealize d appreciation (depreciation) and income, are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $74 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost sold. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses direc tly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	868,687
Sales					854,413

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Tax:

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and net realized and unrealized gains and losses have been deemed to have been "passed through" to its partners.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	3,514,520			$	967,144			$	(341,298	)		$	625,846

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

In accordance with the Series investment objective and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. These instruments and their significant corresponding risks are described below:

1. Repurchase Agreements: The Series may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Trust's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on May 30, 2008.

2. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the c ontract at the time it was opened and the value at the time it was closed.

G. Line of Credit:

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.56	%		$	6,449				5			$	4			$	16,156

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe. At the Board's request, the Advisor specifically addressed the factors that contributed to the comparative performance of the Fund. The Board concluded that the Advisor's explanations provided a sound basis for understanding the performance of this Fund. The Board noted that the Advisor's investment style and methodologies in managing the Dimensional funds are not designed to track traditional indexes. As a result, it is expected that certain funds will underperform their Lipper-designated peer funds and that reporting results will diverge from market indexes, while other funds may outperform their Lipper-designated peer funds and market indexes for the same periods. The Board determined, among other things, that the performance of the Fund was acceptabl e as compared with relevant performance standards.

DFA053108-008S

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio II

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

	Page
Dimensional Investing

Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — DFA International Value Portfolio II

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The DFA International Value Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		18

Statement of Operations		19

Statements of Changes in Net Assets		20

Financial Highlights		21

Notes to Financial Statements		22

Voting Proxies on Fund Portfolio Securities		28

Board Approval of Investment Advisory Agreement		29

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have been fair valued. See Note B to Financial Statements.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of May 31, 2008.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	938.50		0.26	%	$	1.26
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.70		0.26	%	$	1.32

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (11,323,806 Shares) at Value†	$	241,084
Receivables:
Affiliated Investment Company Shares Sold		737
Fund Shares Sold		3
Prepaid Expenses and Other Assets		19
Total Assets		241,843
LIABILITIES:
Payables:
Fund Shares Redeemed		740
Due to Advisor		2
Accrued Expenses and Other Liabilities		45
Total Liabilities		787
NET ASSETS	$	241,056
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		11,164,944
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.59
Investment at Cost	$	190,060
NET ASSETS CONSIST OF:
Paid-In Capital	$	70,424
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(38	)
Accumulated Net Realized Gain (Loss)		119,646
Net Unrealized Appreciation (Depreciation)		51,024
NET ASSETS	$	241,056
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	1,675
Expenses
Administrative Services Fees		23
Accounting & Transfer Agent Fees		9
Filing Fees		10
Shareholders' Reports		23
Directors'/Trustees' Fees & Expenses		1
Legal Fees		7
Audit Fees		2
Other		1
Total Expenses		76
Net Investment Income (Loss)		1,599
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		50,083
Net Realized Gain (Loss) on:
Affiliated Investment Company Shares Sold		88,145
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(210,923	)
Net Realized and Unrealized Gain (Loss)		(72,695	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(71,096	)

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	1,599		$	22,404
Capital Gain Distributions Received from Affiliated Investment Company		50,083			16,900
Net Realized Gain (Loss) on:
Affiliated Investment Company Shares Sold		88,145			(2,997	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(210,923	)		73,136
Net Increase (Decrease) in Net Assets Resulting from Operations		(71,096	)		109,443
Distributions From:
Net Investment Income		(5,317	)		(20,432	)
Net Short-Term Gains		(1,773	)		(1,258	)
Net Long-Term Gains		(14,297	)		(8,778	)
Total Distributions		(21,387	)		(30,468	)
Capital Share Transactions (1):
Shares Issued		11,586			157,119
Shares Issued in Lieu of Cash Distributions		21,387			30,468
Shares Redeemed		(462,197	)		(125,013	)
Net Increase (Decrease) from Capital Share Transactions		(429,224	)		62,574
Total Increase (Decrease) in Net Assets		(521,707	)		141,549
Net Assets
Beginning of Period		762,763			621,214
End of Period	$	241,056		$	762,763
(1) Shares Issued and Redeemed:
Shares Issued		539			6,917
Shares Issued in Lieu of Cash Distributions		980			1,362
Shares Redeemed		(22,502	)		(5,535	)
		(20,983	)		2,744
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(38	)	$	3,680

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.
DFA INTERNATIONAL VALUE PORTFOLIO II
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	23.73		$	21.13		$	16.50		$	14.69		$	11.54		$	8.69
Income from Investment Operations
Net Investment Income (Loss)		0.08	(A)		0.70	(A)		0.65	(A)		0.48			0.25			0.18
Net Gains (Losses) (Realized and Unrealized)		(1.54	)		2.88			5.01			1.76			3.37			2.87
Total from Investment Operations		(1.46	)		3.58			5.66			2.24			3.62			3.05
Less Distributions
Net Investment Income		(0.18	)		(0.64	)		(0.64	)		(0.41	)		(0.44	)		(0.20	)
Net Realized Gains		(0.50	)		(0.34	)		(0.39	)		(0.02	)		(0.03	)		—
Total Distributions		(0.68	)		(0.98	)		(1.03	)		(0.43	)		(0.47	)		(0.20	)
Net Asset Value, End of Period	$	21.59		$	23.73		$	21.13		$	16.50		$	14.69		$	11.54
Total Return		(6.15	)%(C)		17.29	%		35.74	%		15.50	%		32.11	%		35.98	%
Net Assets,
End of Period (thousands)	$	241,056		$	762,763		$	621,214		$	340,467		$	189,176		$	69,220
Ratio of Expenses to Average Net Assets (D)		0.26	%(B)		0.25	%		0.27	%		0.31	%		0.37	%		0.40	%
Ratio of Net Investment Income to Average Net Assets		0.70	%(B)		3.02	%		3.41	%		3.06	%		1.98	%		2.41	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.
DFA INTERNATIONAL VALUE PORTFOLIO II
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 3% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio II	$	241,084		—		—	$	241,084

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $10 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	17,330	$	7,264	$	24,594
2007		21,690		8,778		30,468

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	3,695			$	14,797			$	18,492

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	192,078			$	51,024			$	(2,018	)		$	49,006

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 26, 2007 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borr owings by the Portfolio under this line of credit during the six months ended May 31, 2008.

the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnities; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held 100% of the outstanding shares of the Portfolio.

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual fund return

Hypothetical example for comparison purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	939.00		0.23	%	$	1.11
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.85		0.23	%	$	1.16

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.7	%			3.0	%			6.0	%			43.3	%			0.4	%			9.0	%			3.0	%			12.0	%			7.4	%			3.2	%			100.0	%

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (5.0%)
COMMON STOCKS — (5.0%)
Australia & New Zealand Banking Group, Ltd.		3,303,028	$	68,549,078		0.8	%
Commonwealth Bank of Australia		2,106,388		85,313,967		1.0	%
National Australia Bank, Ltd.		3,179,770		95,305,976		1.1	%
Other Securities				236,639,152		2.6	%
TOTAL — AUSTRALIA				485,808,173		5.5	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				70,026,299		0.8	%
BELGIUM — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				60,354,605		0.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				313		0.0	%
TOTAL — BELGIUM				60,354,918		0.7	%
CANADA — (5.7%)
COMMON STOCKS — (5.7%)
Barrick Gold Corp.		1,398,132		56,327,721		0.6	%
# EnCana Corp.		1,030,498		92,834,014		1.1	%
# Petro-Canada		929,700		53,643,016		0.6	%
# Sun Life Financial, Inc.		1,300,100		60,516,933		0.7	%
Other Securities				295,828,949		3.4	%
TOTAL — CANADA				559,150,633		6.4	%
DENMARK — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				101,745,214		1.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,378,580		0.0	%
TOTAL — DENMARK				103,123,794		1.2	%
FINLAND — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				92,713,863		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.4%)
# AXA SA		2,905,543		102,763,174		1.2	%
# BNP Paribas SA		1,666,604		171,886,430		2.0	%
Compagnie de Saint-Gobain		598,264		48,285,938		0.6	%
# Vivendi SA		2,556,392		107,526,605		1.2	%
Other Securities				390,990,006		4.3	%
TOTAL COMMON STOCKS				821,452,153		9.3	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				7,511,957		0.1	%
TOTAL — FRANCE				828,964,110		9.4	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (10.9%)
COMMON STOCKS — (10.9%)
Allianz SE		464,749	$	87,919,955		1.0	%
# Allianz SE Sponsored ADR		2,772,640		52,486,075		0.6	%
Daimler AG		1,734,297		131,846,664		1.5	%
# Deutsche Bank AG		801,377		85,476,644		1.0	%
# Deutsche Telekom AG Sponsored ADR		2,860,650		47,887,281		0.5	%
E.ON AG		622,579		132,091,618		1.5	%
E.ON AG Sponsored ADR		1,091,708		77,144,891		0.9	%
Munchener Rueckversicherungs-Gesellschaft AG		400,549		75,043,050		0.9	%
# Volkswagen AG		368,652		101,441,661		1.2	%
Other Securities				274,591,637		3.0	%
TOTAL — GERMANY				1,065,929,476		12.1	%
GREECE — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				18,615,955		0.2	%
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
Cheung Kong Holdings, Ltd.		3,320,000		51,127,991		0.6	%
Hutchison Whampoa, Ltd.		5,108,000		55,252,145		0.6	%
Other Securities				156,333,468		1.8	%
TOTAL — HONG KONG				262,713,604		3.0	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				64,939,114		0.7	%
ITALY — (2.2%)
COMMON STOCKS — (2.2%)
# UniCredito Italiano SpA		10,390,107		72,685,576		0.8	%
Other Securities				142,805,507		1.7	%
TOTAL — ITALY				215,491,083		2.5	%
JAPAN — (11.0%)
COMMON STOCKS — (11.0%)
Hitachi, Ltd.		6,815,000		49,087,511		0.6	%
Matsushita Electric Industrial Co., Ltd.		1,961,135		44,537,378		0.5	%
Millea Holdings, Inc.		1,629,300		67,268,372		0.8	%
Other Securities				916,044,367		10.4	%
TOTAL — JAPAN				1,076,937,628		12.3	%
NETHERLANDS — (5.6%)
COMMON STOCKS — (5.6%)
Aegon NV		3,298,073		50,316,314		0.6	%
# ArcelorMittal		1,799,437		178,598,104		2.0	%
ING Groep NV		3,203,383		122,320,179		1.4	%
Koninklijke Philips Electronics NV		3,067,255		117,828,474		1.3	%
Other Securities				78,717,019		0.9	%
TOTAL — NETHERLANDS				547,780,090		6.2	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				15,180,104		0.2	%
NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				96,852,704		1.1	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities			$	12,645,343		0.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				41,569		0.0	%
TOTAL — PORTUGAL				12,686,912		0.1	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
DBS Group Holdings, Ltd.		3,365,500		48,176,499		0.6	%
Other Securities				72,481,135		0.8	%
TOTAL — SINGAPORE				120,657,634		1.4	%
SPAIN — (4.7%)
COMMON STOCKS — (4.7%)
Banco Santander Central Hispano SA		7,329,732		152,898,519		1.7	%
# Banco Santander SA Sponsored ADR		3,044,700		63,634,230		0.7	%
Repsol YPF SA		1,537,866		63,589,565		0.7	%
# Repsol YPF SA Sponsored ADR		1,285,700		53,279,408		0.6	%
Other Securities				131,949,312		1.6	%
TOTAL — SPAIN				465,351,034		5.3	%
SWEDEN — (2.3%)
COMMON STOCKS — (2.3%)
Nordea Bank AB		4,374,518		71,164,594		0.8	%
Other Securities				151,922,950		1.7	%
TOTAL — SWEDEN				223,087,544		2.5	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
Compagnie Financiere Richemont AG Series A		1,125,900		70,175,714		0.8	%
Credit Suisse Group AG		1,826,488		93,023,052		1.1	%
Swiss Re		747,678		58,112,769		0.7	%
Zurich Financial SVCS AG		309,213		90,748,689		1.0	%
Other Securities				266,441,470		3.0	%
TOTAL COMMON STOCKS				578,501,694		6.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				2,292,905		0.0	%
TOTAL — SWITZERLAND				580,794,599		6.6	%
UNITED KINGDOM — (17.5%)
COMMON STOCKS — (17.4%)
Anglo American P.L.C.		1,902,303		129,625,102		1.5	%
Aviva P.L.C.		6,768,276		84,583,541		1.0	%
# Barclays P.L.C. Sponsored ADR		2,263,390		67,743,263		0.8	%
HBOS P.L.C.		8,458,158		67,075,693		0.8	%
# HSBC Holdings P.L.C. Sponsored ADR		2,241,143		188,726,652		2.2	%
Royal Bank of Scotland Group P.L.C.		26,156,343		118,550,555		1.4	%
Royal Dutch Shell P.L.C. ADR		1,052,345		88,112,847		1.0	%
Vodafone Group P.L.C.		60,811,202		195,272,492		2.2	%
Vodafone Group P.L.C. Sponsored ADR		6,145,818		197,219,300		2.2	%
Xstrata P.L.C.		827,417		65,472,658		0.7	%
Other Securities				506,860,037		5.7	%
TOTAL COMMON STOCKS				1,709,242,140		19.5	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				8,865,815		0.1	%
TOTAL — UNITED KINGDOM				1,718,107,955		19.6	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $11,465,000 FNMA 5.50%, 02/25/36, valued at $9,022,176) to be repurchased at $8,887,437	$	8,886	$	8,886,000		0.1	%
SECURITIES LENDING COLLATERAL — (11.2%)
@ Repurchase Agreement, Barclays Capital, Inc. 2.30%, 06/02/08 (Collateralized by $592,523,000 FHLMC 4.230%, 05/07/13 & 4.500%, 04/02/14 & FNMA 4.090%, 05/07/13, valued at $602,047,341) to be repurchased at $590,355,087		590,242		590,241,957		6.7	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $238,681,207 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 05/01/22 to 02/01/38 & FNMA, rates ranging from 5.010%(r) to 6.109%(r), maturities ranging from 08/01/12 to 11/01/36, valued at $168,249,256) to be repurchased at $164,982,554		164,950		164,950,251		1.9	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $369,731,679 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 01/01/34 to 05/01/38, valued at $354,604,951) to be repurchased at $347,715,754		347,648		347,648,252		4.0	%
TOTAL SECURITIES LENDING COLLATERAL				1,102,840,460		12.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $8,220,441,858)			$	9,796,993,686		111.6	%

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $1,038,244 of securities on loan)	$	8,685,267
Temporary Cash Investments at Value		8,886
Collateral Received from Securities on Loan at Value		1,102,840
Foreign Currencies at Value		83,149
Cash		15
Receivables:
Investment Securities Sold		19,005
Dividends, Interest and Tax Reclaims		42,675
Securities Lending Income		5,872
Fund Shares Sold		6,484
Prepaid Expenses and Other Assets		32
Total Assets		9,954,225
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,102,840
Investment Securities Purchased		66,079
Fund Shares Redeemed		896
Due to Advisor		1,483
Accrued Expenses and Other Liabilities		467
Total Liabilities		1,171,765
NET ASSETS	$	8,782,460
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		412,509,956
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.29
Investments at Cost	$	7,108,715
Temporary Cash Investments at Cost	$	8,886
Collateral Received from Securities on Loan at Cost	$	1,102,840
Foreign Currencies at Cost	$	82,235
NET ASSETS CONSIST OF:
Paid-In Capital	$	6,697,333
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		198,040
Accumulated Net Realized Gain (Loss)		309,805
Net Unrealized Foreign Exchange Gain (Loss)		(184	)
Net Unrealized Appreciation (Depeciation)		1,577,466
NET ASSETS	$	8,782,460
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $24,839)	$	213,593
Interest		654
Income from Securities Lending		12,910
Total Investment Income		227,157
Expenses
Investment Advisory Services Fees		8,762
Accounting & Transfer Agent Fees		440
Custodian Fees		553
Shareholders' Reports		42
Directors'/Trustees' Fees & Expenses		38
Legal Fees		18
Audit Fees		53
Other		58
Total Expenses		9,964
Net Investment Income (Loss)		217,193
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		198,179
Futures		(1,153	)
Foreign Currency Transactions		(1,489	)
In-Kind Redemptions		115,020	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,139,285	)
Translation of Foreign Currency Denominated Amounts		(286	)
Net Realized and Unrealized Gain (Loss)		(829,014	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(611,821	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
19

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	217,193		$	274,613
Net Realized Gain (Loss) on:
Investment Securities Sold		198,179			654,522
Futures		(1,153	)		—
Foreign Currency Transactions		(1,489	)		2,498
In-Kind Redemptions		115,020	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,139,285	)		403,307
Translation of Foreign Currency Denominated Amounts		(286	)		(180	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(611,821	)		1,334,760
Distributions From:
Net Investment Income		(28,880	)		(278,093	)
Net Short-Term Gains		(22,542	)		(14,957	)
Net Long-Term Gains		(614,160	)		(185,943	)
Total Distributions		(665,582	)		(478,993	)
Capital Share Transactions (1):
Shares Issued		558,573			1,731,698
Shares Issued in Lieu of Cash Distributions		652,416			465,562
Shares Redeemed		(789,847	)*		(871,558	)
Net Increase (Decrease) from Capital Share Transactions		421,142			1,325,702
Total Increase (Decrease) in Net Assets		(856,261	)		2,181,469
Net Assets
Beginning of Period		9,638,721			7,457,252
End of Period	$	8,782,460		$	9,638,721
(1) Shares Issued and Redeemed:
Shares Issued		26,415			72,431
Shares Issued in Lieu of Cash Distributions		30,340			20,227
Shares Redeemed		(38,486	)		(36,444	)
		18,269			56,214
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$		198,040	$	9,727

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
20

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.53	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.01	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(1.48	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.07	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(1.68	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	21.29		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(6.10	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets,
End of Period (thousands)	$	8,782,460		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.96	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		9	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
21

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one investment portfolios, of which The DFA International Value Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

have a material impact on the net asset value of the Series. When the Series uses fair value pricing, the values assigned to the Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The DFA International Value Series	$	1,700,925	$	8,096,069		—	$	9,796,994

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates. Exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $184 (in thousands).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective inter est method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers exiting or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	809,952
Sales					889,949

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

The Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to realized net foreign currency gains/losses and net realized gains on securities considered to be passive foreign investment companies, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	20,352			$	(20,352	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	213,585	$	115,307	$	328,892
2007		293,050		185,943		478,993

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	37,777			$	613,845			$	651,622

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Series had no capital loss carryforwards available to offset future realized capital gains.

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At November 30, 2007, the Series had cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies (in thousands) of $5,687 and $36,619, respectively, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	8,220,521			$	2,182,009			$	(605,537	)		$	1,576,472

federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.20	%		$	11,197				16			$	21			$	27,822

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnities; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the six months ended May 31, 2008, the fund realized $115,020 (in thousands) of net gain.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-014S

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio III

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

Dimensional Investing	Page
Definitions of Abbreviations and Footnotes		1
Dimensional Investment Group Inc. — DFA International Value Portfolio III

Disclosure of Fund Expenses		2
Disclosure of Portfolio Holdings		3
Statement of Assets and Liabilities		4
Statement of Operations		5
Statements of Changes in Net Assets		6
Financial Highlights		7
Notes to Financial Statements		8
The DFA Investment Trust Company — The DFA International Value Series

Disclosure of Fund Expenses		12
Disclosure of Portfolio Holdings		13
Summary Schedule of Portfolio Holdings		14
Statement of Assets and Liabilities		18
Statement of Operations		19
Statements of Changes in Net Assets		20
Financial Highlights		21
Notes to Financial Statements		22
Voting Proxies on Fund Portfolio Securities		29

Board Approval of Investment Advisory Agreement		30

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have been fair valued. See Note B to Financial Statements.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of May 31, 2008.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	938.70		0.25	%	$	1.21
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.75		0.25	%	$	1.26

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (53,779,296 Shares) at Value†	$	1,144,961
Receivables:
Affiliated Investment Company Shares Sold		89
Fund Shares Sold		805
Prepaid Expenses and Other Assets		41
Total Assets		1,145,896
LIABILITIES:
Payables:
Fund Shares Redeemed		894
Due to Advisor		10
Accrued Expenses and Other Liabilities		83
Total Liabilities		987
NET ASSETS	$	1,144,909
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		52,492,752
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.81
Investment at Cost	$	736,592
NET ASSETS CONSIST OF:
Paid-In Capital	$	675,369
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(87	)
Accumulated Net Realized Gain (Loss)		61,258
Net Unrealized Appreciation (Depreciation)		408,369
NET ASSETS	$	1,144,909
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	3,641
Expenses
Administrative Services Fees		55
Accounting & Transfer Agent Fees		14
Filing Fees		23
Shareholders' Reports		42
Directors'/Trustees' Fees & Expenses		4
Legal Fees		10
Audit Fees		2
Other		3
Total Expenses		153
Net Investment Income (Loss)		3,488
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		78,528
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(3,661	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(150,005	)
Net Realized and Unrealized Gain (Loss)		(75,138	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(71,650	)

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	3,488		$	34,247
Capital Gain Distributions Received from Affiliated Investment Company		78,528			26,825
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(3,661	)		159
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(150,005	)		113,019
Net Increase (Decrease) in Net Assets Resulting from Operations		(71,650	)		174,250
Distributions From:
Net Investment Income		(9,244	)		(30,502	)
Net Short-Term Gains		(3,276	)		(2,370	)
Net Long-Term Gains		(24,865	)		(17,585	)
Total Distributions		(37,385	)		(50,457	)
Capital Share Transactions (1):
Shares Issued		153,570			215,069
Shares Issued in Lieu of Cash Distributions		37,372			50,456
Shares Redeemed		(127,284	)		(198,925	)
Net Increase (Decrease) from Capital Share Transactions		63,658			66,600
Total Increase (Decrease) in Net Assets		(45,377	)		190,393
Net Assets
Beginning of Period		1,190,286			999,893
End of Period	$	1,144,909		$	1,190,286
(1) Shares Issued and Redeemed:
Shares Issued		7,202			9,221
Shares Issued in Lieu of Cash Distributions		1,701			2,237
Shares Redeemed		(5,948	)		(8,503	)
		2,955			2,955
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(87	)	$	5,669

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.03		$	21.46		$	16.89		$	15.03		$	11.83		$	8.92
Income from Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.71	(A)		0.64	(A)		0.49			0.27			0.22
Net Gains (Losses) (Realized and Unrealized)		(1.53	)		2.92			5.10			1.80			3.43			2.91
Total from Investment Operations		(1.46	)		3.63			5.74			2.29			3.70			3.13
Less Distributions
Net Investment Income		(0.19	)		(0.63	)		(0.65	)		(0.42	)		(0.49	)		(0.20	)
Net Realized Gains		(0.57	)		(0.43	)		(0.52	)		(0.01	)		(0.01	)		(0.02	)
Total Distributions		(0.76	)		(1.06	)		(1.17	)		(0.43	)		(0.50	)		(0.22	)
Net Asset Value, End of Period	$	21.81		$	24.03		$	21.46		$	16.89		$	15.03		$	11.83
Total Return		(6.13	)%(C)		17.32	%		35.67	%		15.59	%		32.11	%		36.09	%
Net Assets, End of Period (thousands)	$	1,144,909		$	1,190,286		$	999,893		$	696,954		$	532,647		$	356,509
Ratio of Expenses to Average Net Assets (D)		0.25	%(B)		0.25	%		0.26	%		0.30	%		0.33	%		0.35	%
Ratio of Net Investment Income to Average Net Assets		0.63	%(B)		3.02	%		3.37	%		3.08	%		2.07	%		2.46	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio III (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 13% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio III	$	1,144,961		—		—	$	1,144,961

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Ma rkets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $23 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

of distributions were classified to the following accounts. These reclassifications had no effect on net assets or net value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	17			$	(17	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	31,266	$	20,190	$	51,456
2007		32,872		17,585		50,457

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	6,170			$	24,825			$	30,995

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	751,015			$	408,369			$	(14,423	)		$	393,946

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes". This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolio's tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolio's financial statements.

E. Line of Credit:

liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, two shareholders held 78% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual fund return

Hypothetical example for comparison purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	939.00		0.23	%	$	1.11
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.85		0.23	%	$	1.16

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.7	%			3.0	%			6.0	%			43.3	%			0.4	%			9.0	%			3.0	%			12.0	%			7.4	%			3.2	%			100.0	%

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (5.0%)
COMMON STOCKS — (5.0%)
Australia & New Zealand Banking Group, Ltd.		3,303,028	$	68,549,078		0.8	%
Commonwealth Bank of Australia		2,106,388		85,313,967		1.0	%
National Australia Bank, Ltd.		3,179,770		95,305,976		1.1	%
Other Securities				236,639,152		2.6	%
TOTAL — AUSTRALIA				485,808,173		5.5	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				70,026,299		0.8	%
BELGIUM — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				60,354,605		0.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				313		0.0	%
TOTAL — BELGIUM				60,354,918		0.7	%
CANADA — (5.7%)
COMMON STOCKS — (5.7%)
Barrick Gold Corp.		1,398,132		56,327,721		0.6	%
# EnCana Corp.		1,030,498		92,834,014		1.1	%
# Petro-Canada		929,700		53,643,016		0.6	%
# Sun Life Financial, Inc.		1,300,100		60,516,933		0.7	%
Other Securities				295,828,949		3.4	%
TOTAL — CANADA				559,150,633		6.4	%
DENMARK — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				101,745,214		1.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,378,580		0.0	%
TOTAL — DENMARK				103,123,794		1.2	%
FINLAND — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				92,713,863		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.4%)
# AXA SA		2,905,543		102,763,174		1.2	%
# BNP Paribas SA		1,666,604		171,886,430		2.0	%
Compagnie de Saint-Gobain		598,264		48,285,938		0.6	%
# Vivendi SA		2,556,392		107,526,605		1.2	%
Other Securities				390,990,006		4.3	%
TOTAL COMMON STOCKS				821,452,153		9.3	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				7,511,957		0.1	%
TOTAL — FRANCE				828,964,110		9.4	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (10.9%)
COMMON STOCKS — (10.9%)
Allianz SE		464,749	$	87,919,955		1.0	%
# Allianz SE Sponsored ADR		2,772,640		52,486,075		0.6	%
Daimler AG		1,734,297		131,846,664		1.5	%
# Deutsche Bank AG		801,377		85,476,644		1.0	%
# Deutsche Telekom AG Sponsored ADR		2,860,650		47,887,281		0.5	%
E.ON AG		622,579		132,091,618		1.5	%
E.ON AG Sponsored ADR		1,091,708		77,144,891		0.9	%
Munchener Rueckversicherungs-Gesellschaft AG		400,549		75,043,050		0.9	%
# Volkswagen AG		368,652		101,441,661		1.2	%
Other Securities				274,591,637		3.0	%
TOTAL — GERMANY				1,065,929,476		12.1	%
GREECE — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				18,615,955		0.2	%
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
Cheung Kong Holdings, Ltd.		3,320,000		51,127,991		0.6	%
Hutchison Whampoa, Ltd.		5,108,000		55,252,145		0.6	%
Other Securities				156,333,468		1.8	%
TOTAL — HONG KONG				262,713,604		3.0	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				64,939,114		0.7	%
ITALY — (2.2%)
COMMON STOCKS — (2.2%)
# UniCredito Italiano SpA		10,390,107		72,685,576		0.8	%
Other Securities				142,805,507		1.7	%
TOTAL — ITALY				215,491,083		2.5	%
JAPAN — (11.0%)
COMMON STOCKS — (11.0%)
Hitachi, Ltd.		6,815,000		49,087,511		0.6	%
Matsushita Electric Industrial Co., Ltd.		1,961,135		44,537,378		0.5	%
Millea Holdings, Inc.		1,629,300		67,268,372		0.8	%
Other Securities				916,044,367		10.4	%
TOTAL — JAPAN				1,076,937,628		12.3	%
NETHERLANDS — (5.6%)
COMMON STOCKS — (5.6%)
Aegon NV		3,298,073		50,316,314		0.6	%
# ArcelorMittal		1,799,437		178,598,104		2.0	%
ING Groep NV		3,203,383		122,320,179		1.4	%
Koninklijke Philips Electronics NV		3,067,255		117,828,474		1.3	%
Other Securities				78,717,019		0.9	%
TOTAL — NETHERLANDS				547,780,090		6.2	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				15,180,104		0.2	%
NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				96,852,704		1.1	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities			$	12,645,343		0.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				41,569		0.0	%
TOTAL — PORTUGAL				12,686,912		0.1	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
DBS Group Holdings, Ltd.		3,365,500		48,176,499		0.6	%
Other Securities				72,481,135		0.8	%
TOTAL — SINGAPORE				120,657,634		1.4	%
SPAIN — (4.7%)
COMMON STOCKS — (4.7%)
Banco Santander Central Hispano SA		7,329,732		152,898,519		1.7	%
# Banco Santander SA Sponsored ADR		3,044,700		63,634,230		0.7	%
Repsol YPF SA		1,537,866		63,589,565		0.7	%
# Repsol YPF SA Sponsored ADR		1,285,700		53,279,408		0.6	%
Other Securities				131,949,312		1.6	%
TOTAL — SPAIN				465,351,034		5.3	%
SWEDEN — (2.3%)
COMMON STOCKS — (2.3%)
Nordea Bank AB		4,374,518		71,164,594		0.8	%
Other Securities				151,922,950		1.7	%
TOTAL — SWEDEN				223,087,544		2.5	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
Compagnie Financiere Richemont AG Series A		1,125,900		70,175,714		0.8	%
Credit Suisse Group AG		1,826,488		93,023,052		1.1	%
Swiss Re		747,678		58,112,769		0.7	%
Zurich Financial SVCS AG		309,213		90,748,689		1.0	%
Other Securities				266,441,470		3.0	%
TOTAL COMMON STOCKS				578,501,694		6.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				2,292,905		0.0	%
TOTAL — SWITZERLAND				580,794,599		6.6	%
UNITED KINGDOM — (17.5%)
COMMON STOCKS — (17.4%)
Anglo American P.L.C.		1,902,303		129,625,102		1.5	%
Aviva P.L.C.		6,768,276		84,583,541		1.0	%
# Barclays P.L.C. Sponsored ADR		2,263,390		67,743,263		0.8	%
HBOS P.L.C.		8,458,158		67,075,693		0.8	%
# HSBC Holdings P.L.C. Sponsored ADR		2,241,143		188,726,652		2.2	%
Royal Bank of Scotland Group P.L.C.		26,156,343		118,550,555		1.4	%
Royal Dutch Shell P.L.C. ADR		1,052,345		88,112,847		1.0	%
Vodafone Group P.L.C.		60,811,202		195,272,492		2.2	%
Vodafone Group P.L.C. Sponsored ADR		6,145,818		197,219,300		2.2	%
Xstrata P.L.C.		827,417		65,472,658		0.7	%
Other Securities				506,860,037		5.7	%
TOTAL COMMON STOCKS				1,709,242,140		19.5	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				8,865,815		0.1	%
TOTAL — UNITED KINGDOM				1,718,107,955		19.6	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $11,465,000 FNMA 5.50%, 02/25/36, valued at $9,022,176) to be repurchased at $8,887,437	$	8,886	$	8,886,000		0.1	%
SECURITIES LENDING COLLATERAL — (11.2%)
@ Repurchase Agreement, Barclays Capital, Inc. 2.30%, 06/02/08 (Collateralized by $592,523,000 FHLMC 4.230%, 05/07/13 & 4.500%, 04/02/14 & FNMA 4.090%, 05/07/13, valued at $602,047,341) to be repurchased at $590,355,087		590,242		590,241,957		6.7	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $238,681,207 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 05/01/22 to 02/01/38 & FNMA, rates ranging from 5.010%(r) to 6.109%(r), maturities ranging from 08/01/12 to 11/01/36, valued at $168,249,256) to be repurchased at $164,982,554		164,950		164,950,251		1.9	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $369,731,679 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 01/01/34 to 05/01/38, valued at $354,604,951) to be repurchased at $347,715,754		347,648		347,648,252		4.0	%
TOTAL SECURITIES LENDING COLLATERAL				1,102,840,460		12.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $8,220,441,858)			$	9,796,993,686		111.6	%

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $1,038,244 of securities on loan)	$	8,685,267
Temporary Cash Investments at Value		8,886
Collateral Received from Securities on Loan at Value		1,102,840
Foreign Currencies at Value		83,149
Cash		15
Receivables:
Investment Securities Sold		19,005
Dividends, Interest and Tax Reclaims		42,675
Securities Lending Income		5,872
Fund Shares Sold		6,484
Prepaid Expenses and Other Assets		32
Total Assets		9,954,225
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,102,840
Investment Securities Purchased		66,079
Fund Shares Redeemed		896
Due to Advisor		1,483
Accrued Expenses and Other Liabilities		467
Total Liabilities		1,171,765
NET ASSETS	$	8,782,460
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		412,509,956
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.29
Investments at Cost	$	7,108,715
Temporary Cash Investments at Cost	$	8,886
Collateral Received from Securities on Loan at Cost	$	1,102,840
Foreign Currencies at Cost	$	82,235
NET ASSETS CONSIST OF:
Paid-In Capital	$	6,697,333
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		198,040
Accumulated Net Realized Gain (Loss)		309,805
Net Unrealized Foreign Exchange Gain (Loss)		(184	)
Net Unrealized Appreciation (Depeciation)		1,577,466
NET ASSETS	$	8,782,460
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $24,839)	$	213,593
Interest		654
Income from Securities Lending		12,910
Total Investment Income		227,157
Expenses
Investment Advisory Services Fees		8,762
Accounting & Transfer Agent Fees		440
Custodian Fees		553
Shareholders' Reports		42
Directors'/Trustees' Fees & Expenses		38
Legal Fees		18
Audit Fees		53
Other		58
Total Expenses		9,964
Net Investment Income (Loss)		217,193
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		198,179
Futures		(1,153	)
Foreign Currency Transactions		(1,489	)
In-Kind Redemptions		115,020	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,139,285	)
Translation of Foreign Currency Denominated Amounts		(286	)
Net Realized and Unrealized Gain (Loss)		(829,014	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(611,821	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
19

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	217,193		$	274,613
Net Realized Gain (Loss) on:
Investment Securities Sold		198,179			654,522
Futures		(1,153	)		—
Foreign Currency Transactions		(1,489	)		2,498
In-Kind Redemptions		115,020	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,139,285	)		403,307
Translation of Foreign Currency Denominated Amounts		(286	)		(180	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(611,821	)		1,334,760
Distributions From:
Net Investment Income		(28,880	)		(278,093	)
Net Short-Term Gains		(22,542	)		(14,957	)
Net Long-Term Gains		(614,160	)		(185,943	)
Total Distributions		(665,582	)		(478,993	)
Capital Share Transactions (1):
Shares Issued		558,573			1,731,698
Shares Issued in Lieu of Cash Distributions		652,416			465,562
Shares Redeemed		(789,847	)*		(871,558	)
Net Increase (Decrease) from Capital Share Transactions		421,142			1,325,702
Total Increase (Decrease) in Net Assets		(856,261	)		2,181,469
Net Assets
Beginning of Period		9,638,721			7,457,252
End of Period	$	8,782,460		$	9,638,721
(1) Shares Issued and Redeemed:
Shares Issued		26,415			72,431
Shares Issued in Lieu of Cash Distributions		30,340			20,227
Shares Redeemed		(38,486	)		(36,444	)
		18,269			56,214
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	198,040		$	9,727

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
20

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.53	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.01	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(1.48	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.07	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(1.68	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	21.29		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(6.10	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets,
End of Period (thousands)	$	8,782,460		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.96	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		9	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
21

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one investment portfolios, of which The DFA International Value Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The DFA International Value Series	$	1,700,925	$	8,096,069		—	$	9,796,994

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates. Exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

(depreciation) and income are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $184 (in thousands).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective inter est method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	809,952
Sales					889,949

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

The Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to realized net foreign currency gains/losses and net realized gains on securities considered to be passive foreign investment companies, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	20,352			$	(20,352	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	213,585	$	115,307	$	328,892
2007		293,050		185,943		478,993

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	37,777			$	613,845			$	651,622

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Series had no capital loss carryforwards available to offset future realized capital gains.

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At November 30, 2007, the Series had cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies (in thousands) of $5,687 and $36,619, respectively, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	8,220,521			$	2,182,009			$	(605,537	)		$	1,576,472

tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended May 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

3. Futures Contracts: During the six months ended May 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the contra ct at the time it was opened and the value at the time it was closed.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.20	%		$	11,197				16			$	21			$	27,822

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnities; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the six months ended May 31, 2008, the fund realized $115,020 (in thousands) of net gain.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-015S

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio IV

Semi-Annual Report

Six Months Ended May 31, 2008
(Unaudited)

Dimensional Investing

Dimensional's Investment Strategies

$155 Billion in Assets Under Management Worldwide as of May 31, 2008.

Core Equity

US Core Equity

International Core Equity

Emerging Markets Core Equity

US Vector Equity

Value

US Small Cap Value

US Targeted Value

US Large Cap Value

International Small Cap Value

International Value

Emerging Markets Value

Small Cap

US Micro Cap

US Small Cap

International Small Cap

Emerging Markets Small Cap

Tax-Managed

US Small Cap

US Small Cap Value

US Equity

US Marketwide Value

International Value

Fixed Income

One-Year

Two-Year Global

Five-Year Government

Five-Year Global

Intermediate Government

Inflation-Protected Securities

Short-Term Municipal

Real Estate

Real Estate Securities (US)

International Real Estate Securities

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT
(Unaudited)

Table of Contents

Dimensional Investing	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — DFA International Value Portfolio IV

Disclosure of Fund Expenses		2

Disclosure of Portfolio Holdings		3

Statement of Assets and Liabilities		4

Statement of Operations		5

Statements of Changes in Net Assets		6

Financial Highlights		7

Notes to Financial Statements		8

The DFA Investment Trust Company — The DFA International Value Series

Disclosure of Fund Expenses		12

Disclosure of Portfolio Holdings		13

Summary Schedule of Portfolio Holdings		14

Statement of Assets and Liabilities		18

Statement of Operations		19

Statements of Changes in Net Assets		20

Financial Highlights		21

Notes to Financial Statements		22

Voting Proxies on Fund Portfolio Securities		28

Board Approval of Investment Advisory Agreement		29

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.
i

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have been fair valued. See Note B to Financial Statements.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of May 31, 2008.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	938.70		0.25	%	$	1.21
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.75		0.25	%	$	1.26

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (29,724,970 Shares) at Value†	$	632,845
Receivable for Fund Shares Sold		1,157
Prepaid Expenses and Other Assets		19
Total Assets		634,021
LIABILITIES:
Payables:
Affiliated Investment Company Shares Purchased		1,157
Due to Advisor		7
Accrued Expenses and Other Liabilities		37
Total Liabilities		1,201
NET ASSETS	$	632,820
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		33,591,482
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	18.84
Investment at Cost	$	454,774
NET ASSETS CONSIST OF:
Paid-In Capital	$	450,270
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		837
Accumulated Net Realized Gain (Loss)		3,642
Net Unrealized Appreciation (Depreciation)		178,071
NET ASSETS	$	632,820
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
4

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Income Distributions Received from Affiliated Investment Company	$	2,172
Expenses
Administrative Services Fees		40
Accounting & Transfer Agent Fees		10
Filing Fees		10
Shareholders' Reports		11
Directors'/Trustees' Fees & Expenses		2
Legal Fees		7
Audit Fees		2
Other		1
Total Expenses		83
Net Investment Income (Loss)		2,089
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		47,885
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(7,633	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(89,304	)
Net Realized and Unrealized Gain (Loss)		(49,052	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(46,963	)

See accompanying Notes to Financial Statements.
5

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	2,089		$	21,939
Capital Gain Distributions Received from Affiliated Investment Company		47,885			15,399
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(7,633	)		(1,925	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(89,304	)		68,316
Net Increase (Decrease) in Net Assets Resulting from Operations		(46,963	)		103,729
Distributions From:
Net Investment Income		(21,806	)		(14,495	)
Net Short-Term Gains		(1,695	)		(1,177	)
Net Long-Term Gains		(14,218	)		(7,928	)
Total Distributions		(37,719	)		(23,600	)
Capital Share Transactions (1):
Shares Issued		28,607			166,017
Shares Issued in Lieu of Cash Distributions		37,719			23,600
Shares Redeemed		(78,445	)		(105,380	)
Net Increase (Decrease) from Capital Share Transactions		(12,119	)		84,237
Total Increase (Decrease) in Net Assets		(96,801	)		164,366
Net Assets
Beginning of Period		729,621			565,255
End of Period	$	632,820		$	729,621
(1) Shares Issued and Redeemed:
Shares Issued		1,543			8,266
Shares Issued in Lieu of Cash Distributions		1,981			1,270
Shares Redeemed		(4,306	)		(5,148	)
		(782	)		4,388
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	837		$	20,554

See accompanying Notes to Financial Statements.
6

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	21.23		$	18.85		$	14.63		$	12.94		$	10.19		$	7.49
Income from Investment Operations
Net Investment Income (Loss)		0.06	(A)		0.63	(A)		0.57	(A)		0.40			0.20			0.18
Net Gains (Losses) (Realized and Unrealized)		(1.35	)		2.53			4.41			1.58			2.95			2.52
Total from Investment Operations		(1.29	)		3.16			4.98			1.98			3.15			2.70
Less Distributions
Net Investment Income		(0.64	)		(0.48	)		(0.36	)		(0.27	)		(0.22	)		—
Net Realized Gains		(0.46	)		(0.30	)		(0.40	)		(0.02	)		(0.18	)		—
Total Distributions		(1.10	)		(0.78	)		(0.76	)		(0.29	)		(0.40	)		—
Net Asset Value, End of Period	$	18.84		$	21.23		$	18.85		$	14.63		$	12.94		$	10.19
Total Return		(6.13	)%(C)		17.32	%		35.65	%		15.58	%		31.99	%		36.05	%
Net Assets, End of Period
(thousands)	$	632,820		$	729,621		$	565,255		$	304,601		$	203,569		$	120,092
Ratio of Expenses to Average Net Assets (D)		0.25	%(B)		0.25	%		0.27	%		0.32	%		0.37	%		0.43	%
Ratio of Net Investment Income to Average Net Assets		0.65	%(B)		3.07	%		3.42	%		3.03	%		2.00	%		2.28	%

See Page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO IV

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio IV (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At May 31, 2008, the Portfolio owned 7% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio IV	$	632,845		—		—	$	632,845

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment company that represent a return of capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the six months ended May 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20% of the first $40 million of average daily net assets and no fees on assets exceeding $40 million.

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

of distributions were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	(15	)		$	15

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	8,443	$	7,663	$	16,106
2007		15,672		7,928		23,600

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	20,568			$	14,606			$	35,174

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	493,033			$	178,070			$	(38,258	)		$	139,812

E. Line of Credit:

interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 24, 2008. Effective June 24, 2008, the expiration date was extended to June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the six months ended May 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At May 31, 2008, one shareholder held 100% of the outstanding shares of the Portfolio.

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual fund return

Hypothetical example for comparison purposes

Six Months Ended May 31, 2008

EXPENSE TABLE

	Beginning Account Value 12/01/07		Ending Account Value 05/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	939.00		0.23	%	$	1.11
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.85		0.23	%	$	1.16

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.7	%			3.0	%			6.0	%			43.3	%			0.4	%			9.0	%			3.0	%			12.0	%			7.4	%			3.2	%			100.0	%

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

May 31, 2008
(Unaudited)

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (5.0%)
COMMON STOCKS — (5.0%)
Australia & New Zealand Banking Group, Ltd.		3,303,028	$	68,549,078		0.8	%
Commonwealth Bank of Australia		2,106,388		85,313,967		1.0	%
National Australia Bank, Ltd.		3,179,770		95,305,976		1.1	%
Other Securities				236,639,152		2.6	%
TOTAL — AUSTRALIA				485,808,173		5.5	%
AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				70,026,299		0.8	%
BELGIUM — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				60,354,605		0.7	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				313		0.0	%
TOTAL — BELGIUM				60,354,918		0.7	%
CANADA — (5.7%)
COMMON STOCKS — (5.7%)
Barrick Gold Corp.		1,398,132		56,327,721		0.6	%
# EnCana Corp.		1,030,498		92,834,014		1.1	%
# Petro-Canada		929,700		53,643,016		0.6	%
# Sun Life Financial, Inc.		1,300,100		60,516,933		0.7	%
Other Securities				295,828,949		3.4	%
TOTAL — CANADA				559,150,633		6.4	%
DENMARK — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				101,745,214		1.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,378,580		0.0	%
TOTAL — DENMARK				103,123,794		1.2	%
FINLAND — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				92,713,863		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.4%)
# AXA SA		2,905,543		102,763,174		1.2	%
# BNP Paribas SA		1,666,604		171,886,430		2.0	%
Compagnie de Saint-Gobain		598,264		48,285,938		0.6	%
# Vivendi SA		2,556,392		107,526,605		1.2	%
Other Securities				390,990,006		4.3	%
TOTAL COMMON STOCKS				821,452,153		9.3	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				7,511,957		0.1	%
TOTAL — FRANCE				828,964,110		9.4	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
GERMANY — (10.9%)
COMMON STOCKS — (10.9%)
Allianz SE		464,749	$	87,919,955		1.0	%
# Allianz SE Sponsored ADR		2,772,640		52,486,075		0.6	%
Daimler AG		1,734,297		131,846,664		1.5	%
# Deutsche Bank AG		801,377		85,476,644		1.0	%
# Deutsche Telekom AG Sponsored ADR		2,860,650		47,887,281		0.5	%
E.ON AG		622,579		132,091,618		1.5	%
E.ON AG Sponsored ADR		1,091,708		77,144,891		0.9	%
Munchener Rueckversicherungs-Gesellschaft AG		400,549		75,043,050		0.9	%
# Volkswagen AG		368,652		101,441,661		1.2	%
Other Securities				274,591,637		3.0	%
TOTAL — GERMANY				1,065,929,476		12.1	%
GREECE — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				18,615,955		0.2	%
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
Cheung Kong Holdings, Ltd.		3,320,000		51,127,991		0.6	%
Hutchison Whampoa, Ltd.		5,108,000		55,252,145		0.6	%
Other Securities				156,333,468		1.8	%
TOTAL — HONG KONG				262,713,604		3.0	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				64,939,114		0.7	%
ITALY — (2.2%)
COMMON STOCKS — (2.2%)
# UniCredito Italiano SpA		10,390,107		72,685,576		0.8	%
Other Securities				142,805,507		1.7	%
TOTAL — ITALY				215,491,083		2.5	%
JAPAN — (11.0%)
COMMON STOCKS — (11.0%)
Hitachi, Ltd.		6,815,000		49,087,511		0.6	%
Matsushita Electric Industrial Co., Ltd.		1,961,135		44,537,378		0.5	%
Millea Holdings, Inc.		1,629,300		67,268,372		0.8	%
Other Securities				916,044,367		10.4	%
TOTAL — JAPAN				1,076,937,628		12.3	%
NETHERLANDS — (5.6%)
COMMON STOCKS — (5.6%)
Aegon NV		3,298,073		50,316,314		0.6	%
# ArcelorMittal		1,799,437		178,598,104		2.0	%
ING Groep NV		3,203,383		122,320,179		1.4	%
Koninklijke Philips Electronics NV		3,067,255		117,828,474		1.3	%
Other Securities				78,717,019		0.9	%
TOTAL — NETHERLANDS				547,780,090		6.2	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				15,180,104		0.2	%
NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				96,852,704		1.1	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities			$	12,645,343		0.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				41,569		0.0	%
TOTAL — PORTUGAL				12,686,912		0.1	%
SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
DBS Group Holdings, Ltd.		3,365,500		48,176,499		0.6	%
Other Securities				72,481,135		0.8	%
TOTAL — SINGAPORE				120,657,634		1.4	%
SPAIN — (4.7%)
COMMON STOCKS — (4.7%)
Banco Santander Central Hispano SA		7,329,732		152,898,519		1.7	%
# Banco Santander SA Sponsored ADR		3,044,700		63,634,230		0.7	%
Repsol YPF SA		1,537,866		63,589,565		0.7	%
# Repsol YPF SA Sponsored ADR		1,285,700		53,279,408		0.6	%
Other Securities				131,949,312		1.6	%
TOTAL — SPAIN				465,351,034		5.3	%
SWEDEN — (2.3%)
COMMON STOCKS — (2.3%)
Nordea Bank AB		4,374,518		71,164,594		0.8	%
Other Securities				151,922,950		1.7	%
TOTAL — SWEDEN				223,087,544		2.5	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
Compagnie Financiere Richemont AG Series A		1,125,900		70,175,714		0.8	%
Credit Suisse Group AG		1,826,488		93,023,052		1.1	%
Swiss Re		747,678		58,112,769		0.7	%
Zurich Financial SVCS AG		309,213		90,748,689		1.0	%
Other Securities				266,441,470		3.0	%
TOTAL COMMON STOCKS				578,501,694		6.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				2,292,905		0.0	%
TOTAL — SWITZERLAND				580,794,599		6.6	%
UNITED KINGDOM — (17.5%)
COMMON STOCKS — (17.4%)
Anglo American P.L.C.		1,902,303		129,625,102		1.5	%
Aviva P.L.C.		6,768,276		84,583,541		1.0	%
# Barclays P.L.C. Sponsored ADR		2,263,390		67,743,263		0.8	%
HBOS P.L.C.		8,458,158		67,075,693		0.8	%
# HSBC Holdings P.L.C. Sponsored ADR		2,241,143		188,726,652		2.2	%
Royal Bank of Scotland Group P.L.C.		26,156,343		118,550,555		1.4	%
Royal Dutch Shell P.L.C. ADR		1,052,345		88,112,847		1.0	%
Vodafone Group P.L.C.		60,811,202		195,272,492		2.2	%
Vodafone Group P.L.C. Sponsored ADR		6,145,818		197,219,300		2.2	%
Xstrata P.L.C.		827,417		65,472,658		0.7	%
Other Securities				506,860,037		5.7	%
TOTAL COMMON STOCKS				1,709,242,140		19.5	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				8,865,815		0.1	%
TOTAL — UNITED KINGDOM				1,718,107,955		19.6	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $11,465,000 FNMA 5.50%, 02/25/36, valued at $9,022,176) to be repurchased at $8,887,437	$	8,886	$	8,886,000		0.1	%
SECURITIES LENDING COLLATERAL — (11.2%)
@ Repurchase Agreement, Barclays Capital, Inc. 2.30%, 06/02/08 (Collateralized by $592,523,000 FHLMC 4.230%, 05/07/13 & 4.500%, 04/02/14 & FNMA 4.090%, 05/07/13, valued at $602,047,341) to be repurchased at $590,355,087		590,242		590,241,957		6.7	%
@ Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $238,681,207 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 05/01/22 to 02/01/38 & FNMA, rates ranging from 5.010%(r) to 6.109%(r), maturities ranging from 08/01/12 to 11/01/36, valued at $168,249,256) to be repurchased at $164,982,554		164,950		164,950,251		1.9	%
@ Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $369,731,679 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 01/01/34 to 05/01/38, valued at $354,604,951) to be repurchased at $347,715,754		347,648		347,648,252		4.0	%
TOTAL SECURITIES LENDING COLLATERAL				1,102,840,460		12.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $8,220,441,858)			$	9,796,993,686		111.6	%

See accompanying Notes to Financial Statements.
17

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

MAY 31, 2008
(Unaudited)

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $1,038,244 of securities on loan)	$	8,685,267
Temporary Cash Investments at Value		8,886
Collateral Received from Securities on Loan at Value		1,102,840
Foreign Currencies at Value		83,149
Cash		15
Receivables:
Investment Securities Sold		19,005
Dividends, Interest and Tax Reclaims		42,675
Securities Lending Income		5,872
Fund Shares Sold		6,484
Prepaid Expenses and Other Assets		32
Total Assets		9,954,225
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,102,840
Investment Securities Purchased		66,079
Fund Shares Redeemed		896
Due to Advisor		1,483
Accrued Expenses and Other Liabilities		467
Total Liabilities		1,171,765
NET ASSETS	$	8,782,460
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		412,509,956
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	21.29
Investments at Cost	$	7,108,715
Temporary Cash Investments at Cost	$	8,886
Collateral Received from Securities on Loan at Cost	$	1,102,840
Foreign Currencies at Cost	$	82,235
NET ASSETS CONSIST OF:
Paid-In Capital	$	6,697,333
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		198,040
Accumulated Net Realized Gain (Loss)		309,805
Net Unrealized Foreign Exchange Gain (Loss)		(184	)
Net Unrealized Appreciation (Depeciation)		1,577,466
NET ASSETS	$	8,782,460
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
18

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED MAY 31, 2008
(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $24,839)	$	213,593
Interest		654
Income from Securities Lending		12,910
Total Investment Income		227,157
Expenses
Investment Advisory Services Fees		8,762
Accounting & Transfer Agent Fees		440
Custodian Fees		553
Shareholders' Reports		42
Directors'/Trustees' Fees & Expenses		38
Legal Fees		18
Audit Fees		53
Other		58
Total Expenses		9,964
Net Investment Income (Loss)		217,193
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		198,179
Futures		(1,153	)
Foreign Currency Transactions		(1,489	)
In-Kind Redemptions		115,020	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,139,285	)
Translation of Foreign Currency Denominated Amounts		(286	)
Net Realized and Unrealized Gain (Loss)		(829,014	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(611,821	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
19

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	217,193		$	274,613
Net Realized Gain (Loss) on:
Investment Securities Sold		198,179			654,522
Futures		(1,153	)		—
Foreign Currency Transactions		(1,489	)		2,498
In-Kind Redemptions		115,020	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,139,285	)		403,307
Translation of Foreign Currency Denominated Amounts		(286	)		(180	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(611,821	)		1,334,760
Distributions From:
Net Investment Income		(28,880	)		(278,093	)
Net Short-Term Gains		(22,542	)		(14,957	)
Net Long-Term Gains		(614,160	)		(185,943	)
Total Distributions		(665,582	)		(478,993	)
Capital Share Transactions (1):
Shares Issued		558,573			1,731,698
Shares Issued in Lieu of Cash Distributions		652,416			465,562
Shares Redeemed		(789,847	)*		(871,558	)
Net Increase (Decrease) from Capital Share Transactions		421,142			1,325,702
Total Increase (Decrease) in Net Assets		(856,261	)		2,181,469
Net Assets
Beginning of Period		9,638,721			7,457,252
End of Period	$	8,782,460		$	9,638,721
(1) Shares Issued and Redeemed:
Shares Issued		26,415			72,431
Shares Issued in Lieu of Cash Distributions		30,340			20,227
Shares Redeemed		(38,486	)		(36,444	)
		18,269			56,214
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	198,040		$	9,727

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
20

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Six Months Ended May 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.53	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.01	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(1.48	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.07	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(1.68	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	21.29		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(6.10	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets,
End of Period (thousands)	$	8,782,460		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.96	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		9	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
21

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
NOTES TO FINANCIAL STATEMENTS
(Unaudited)

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of twenty-one investment portfolios, of which The DFA International Value Series (the "Series") is presented in this report.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of May 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
The DFA International Value Series	$	1,700,925	$	8,096,069		—	$	9,796,994

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates. Exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income are included in Directors'/Trustees' Fees and Expenses. At May 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $184 (in thousands).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective inter est method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	809,952
Sales					889,949

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

The Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of November 30, 2007, primarily attributable to realized net foreign currency gains/losses and net realized gains on securities considered to be passive foreign investment companies, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	20,352			$	(20,352	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	213,585	$	115,307	$	328,892
2007		293,050		185,943		478,993

At November 30, 2007, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	37,777			$	613,845			$	651,622

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at November 30, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of November 30, 2007, the Series had no capital loss carryforwards available to offset future realized capital gains.

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At November 30, 2007, the Series had cumulative unrealized appreciation (depreciation) (mark to market) and realized gains on the sale of passive foreign investment companies (in thousands) of $5,687 and $36,619, respectively, which are included in distributable net investment income for federal income tax purposes, accordingly, such gains have been reclassified from accumulated net realized gains to accumulated net investment income.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	8,220,521			$	2,182,009			$	(605,537	)		$	1,576,472

F. Financial Instruments:

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the six months ended May 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.20	%		$	11,197				16			$	21			$	27,822

There were no outstanding borrowings by the Series under this line of credit at May 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies and repurchase agreements collateralized by securities of the U.S. government or its agencies. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnities; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liability arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the six months ended May 31, 2008, the fund realized $115,020 (in thousands) of net gain.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

In considering the performance of the Fund, the Board analyzed the Lipper Reports, which compared the performance of the Fund with other funds in its respective peer group and peer universe, and noted that the performance of the Fund compared favorably with its peer group. The Board determined, among other things, that the performance of the Fund was acceptable as compared with relevant performance standards.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA053108-016S

ITEM 2. CODE OF ETHICS.

Not applicable when filing a semi-annual report to shareholders.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not applicable when filing a semi-annual report to shareholders.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Not applicable when filing a semi-annual report to shareholders.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

This item is not applicable to the Registrant.

ITEM 6. SCHEDULE OF INVESTMENTS.

Please see schedules of investments contained in the reports to stockholders included under Item 1 of this Report except as discussed below. Provided below is a complete schedule of investments for each master fund in which a series of the Registrant invests that provided a summary schedule of portfolio holdings in a report to stockholders included under Item 1 in lieu of a complete schedule of investments. The schedules of investments for the following series are provided below:

Name of Entity for which Schedule of Investments is Provided		Relationship to Series of the Registrant

The U.S. Large Company Series		Master fund for U.S. Large Company Institutional Index Portfolio

The U.S. Large Cap Value Series		Master fund for U.S. Large Cap Value Portfolio II, U.S. Large Cap Value Portfolio III and LWAS/DFA U.S. High Book to Market Portfolio

The DFA International Value Series		Master fund for DFA International Value Portfolio, DFA International Value Portfolio II, DFA International Value Portfolio III and DFA International Value Portfolio IV

The Emerging Markets Series		Master fund for Emerging Markets Portfolio II

The Tax-Managed U.S. Marketwide Value Series		Master fund for Tax-Managed U.S. Marketwide Value Portfolio II

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL EMERGING MARKETS VALUE FUND INC.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedule of Investments

Investment Abbreviations

	ADR	American Depositary Receipt
	FHLMC	Federal Home Loan Mortgage Corporation
	FNMA	Federal National Mortgage Association
	NVDR	Non-Voting Depositary Receipt
	PLC	Public Liability Company
	STRIP	Separate Trading of Registered Interest and Principal of Securities

Investment Footnotes

	†	See Note B to Financial Statements.
	††	Securities have been fair valued. See Note B to Financial Statements
	*	Non-Income Producing Securities.
	#	Total or Partial Securities on Loan.
	@	Security purchased with cash proceeds from Securities on Loan.
	l	Security is being fair valued as of May 31, 2008.
	(r)	The adjustable rate shown is effective as of May 31, 2008.
	–	Amounts designated as - are either zero or rounded to zero

THE U.S. LARGE COMPANY SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008

(Unaudited)

		Shares	Value †

COMMON STOCKS — (90.9%)
Consumer Discretionary — (7.9%)
#	Abercrombie & Fitch Co.	32,414	$	2,353,256
# *	Amazon.com, Inc.	116,050	9,472,001
# *	Apollo Group, Inc. Class A	51,679	2,469,739
*	AutoNation, Inc.	50,798	802,100
# *	Autozone, Inc.	16,174	2,046,981
*	Bed Bath and Beyond, Inc.	98,559	3,140,090
	Best Buy Co., Inc.	132,575	6,189,927
# *	Big Lots, Inc.	30,616	950,933
#	Black & Decker Corp.	22,921	1,482,989
#	Brunswick Corp.	32,945	451,347
	Carnival Corp.	164,244	6,579,615
	CBS Corp. Class B	256,117	5,527,005
	Centex Corp.	46,048	867,084
	Clear Channel Communications, Inc.	187,324	6,560,087
# *	Coach, Inc.	132,405	4,806,302
	Comcast Corp. Class A	1,132,895	25,490,138
	D.R. Horton, Inc.	103,094	1,310,325
	Darden Restaurants, Inc.	53,907	1,846,315
#	Dillards, Inc. Class A	21,492	349,890
	Disney (Walt) Co.	708,475	23,804,760
#	E.W. Scripps Co.	33,684	1,586,516
#	Eastman Kodak Co.	108,412	1,660,872
*	Expedia, Inc.	78,441	1,902,194
#	Family Dollar Stores, Inc.	52,872	1,131,461
# *	Ford Motor Co.	830,378	5,646,570
	Fortune Brands, Inc.	57,958	4,026,922
*	GameStop Corp. Class A	60,561	3,003,826
	Gannett Co., Inc.	86,461	2,490,941
	Gap, Inc.	171,097	3,122,520
#	General Motors Corp.	212,977	3,641,907
	Genuine Parts Co.	62,194	2,737,158
*	Goodyear Tire & Rubber Co.	90,366	2,296,200
	H&R Block, Inc.	122,418	2,857,236
	Harley-Davidson, Inc.	89,734	3,730,242
#	Harman International Industries, Inc.	22,752	1,017,469
	Hasbro, Inc.	53,652	1,944,348
#	Home Depot, Inc.	634,962	17,372,560
*	IAC/InterActiveCorp.	67,984	1,533,039
	International Game Technology	117,689	4,196,790
*	Interpublic Group of Companies, Inc.	177,269	1,767,372
#	J.C. Penney Co., Inc.	83,419	3,356,781
	Johnson Controls, Inc.	223,403	7,609,106
	Jones Apparel Group, Inc.	32,574	547,895

#	KB Home	28,966	594,093
# *	Kohl’s Corp.	118,017	5,287,162
#	Leggett & Platt, Inc.	63,059	1,204,427
#	Lennar Corp. Class A	52,334	883,398
	Limited Brands, Inc.	116,924	2,265,987
	Liz Claiborne, Inc.	37,428	653,493
#	Lowe’s Companies, Inc.	550,300	13,207,200
	Macy’s, Inc.	162,909	3,856,056
#	Marriott International, Inc. Class A	113,225	3,726,235
	Mattel, Inc.	135,959	2,738,214
	McDonald’s Corp.	433,302	25,703,475
#	McGraw-Hill Companies, Inc.	121,446	5,038,795
	Meredith Corp.	14,187	465,475
	Newell Rubbermaid, Inc.	104,106	2,090,448
	News Corp. Class A	865,691	15,539,153
	NIKE, Inc. Class B	144,059	9,849,314
#	Nordstrom, Inc.	67,351	2,355,938
*	Office Depot, Inc.	102,702	1,304,315
	OfficeMax, Inc.	28,558	619,137
#	Omnicom Group, Inc.	120,624	5,911,782
#	Polo Ralph Lauren Corp.	22,155	1,547,527
	Pulte Homes, Inc.	80,419	983,524
	RadioShack Corp.	49,324	722,597
# *	Sears Holdings Corp.	27,445	2,325,140
#	Sherwin-Williams Co.	38,348	2,153,240
	Snap-On, Inc.	21,705	1,343,974
	Staples, Inc.	263,741	6,184,726
# *	Starbucks Corp.	274,809	4,998,776
#	Starwood Hotels & Resorts Worldwide, Inc.	70,840	3,428,656
#	Target Corp.	308,033	16,436,641
*	The DIRECTV Group, Inc.	268,076	7,532,936
#	The New York Times Co. Class A	54,094	942,317
	The Stanley Works	29,450	1,430,681
#	The TJX Companies, Inc.	164,426	5,271,498
	Tiffany & Co.	47,782	2,342,751
	Time Warner, Inc.	1,345,582	21,367,842
	Tyco Electronics, Ltd.	183,387	7,357,486
	V.F. Corp.	33,001	2,498,176
# *	Viacom, Inc. Class B	241,129	8,637,241
	Washington Post Co.	2,182	1,371,212
	Wendy’s International, Inc.	32,884	975,339
#	Whirlpool Corp.	28,449	2,096,122
	Wyndham Worldwide Corp.	66,603	1,457,274
#	Yum! Brands, Inc.	178,902	7,102,409
Total Consumer Discretionary			399,482,991

Consumer Staples — (9.6%)
	Altria Group, Inc.	793,242	17,657,567
	Anheuser-Busch Companies, Inc.	269,070	15,460,762
	Archer-Daniels-Midland Co.	242,143	9,613,077
#	Avon Products, Inc.	160,568	6,271,786
#	Brown-Forman Corp. Class B	31,734	2,385,762
	Campbell Soup Co.	82,834	2,773,282
	Clorox Co.	52,242	2,984,585
	Coca-Cola Co.	751,986	43,058,718

	Coca-Cola Enterprises, Inc.	108,193	2,179,007
	Colgate-Palmolive Co.	191,818	14,263,587
	ConAgra, Inc.	183,451	4,325,775
*	Constellation Brands, Inc. Class A	73,015	1,556,680
	Costco Wholesale Corp.	163,575	11,666,169
	CVS Caremark Corp.	538,740	23,052,685
*	Dean Foods Co.	56,945	1,238,554
#	Estee Lauder Companies, Inc.	42,937	2,043,801
	General Mills, Inc.	126,705	8,007,756
	Heinz (H.J.) Co.	118,573	5,917,978
	Kellogg Co.	98,048	5,079,867
	Kimberly-Clark Corp.	158,119	10,087,992
	Kraft Foods, Inc.	576,904	18,737,842
	McCormick & Co., Inc.	48,145	1,809,289
	Molson Coors Brewing Co.	51,751	3,001,558
	Pepsi Bottling Group, Inc.	51,617	1,673,423
	PepsiCo, Inc.	602,668	41,162,224
*	Philip Morris International, Inc.	793,242	41,772,124
	Procter & Gamble Co.	1,157,901	76,479,361
	Reynolds American, Inc.	64,376	3,535,530
	Safeway, Inc.	165,623	5,278,405
	Sara Lee Corp.	267,952	3,692,379
	SUPERVALU, Inc.	79,583	2,790,976
	Sysco Corp.	227,094	7,008,121
#	The Hershey Co.	63,288	2,480,257
#	The Kroger Co.	253,100	6,995,684
	Tyson Foods, Inc. Class A	103,007	1,940,652
	UST, Inc.	56,236	3,105,914
	Walgreen Co.	373,003	13,435,568
#	Wal-Mart Stores, Inc.	889,011	51,331,495
#	Whole Foods Market, Inc.	52,489	1,522,181
	Wrigley (Wm.) Jr. Co.	81,432	6,280,850
Total Consumer Staples			483,659,223

Energy — (13.0%)
	Anadarko Petroleum Corp.	176,107	13,202,742
	Apache Corp.	125,285	16,795,707
	Baker Hughes, Inc.	116,408	10,316,077
#	BJ Services Co.	110,216	3,328,523
*	Cameron International Corp.	82,136	4,372,099
	Chesapeake Energy Corp.	172,120	9,427,012
	Chevron Corp.	781,345	77,470,357
	ConocoPhillips	587,512	54,697,367
	CONSOL Energy, Inc.	68,665	6,698,957
	Devon Energy Corp.	167,199	19,385,052
	El Paso Corp.	263,667	5,154,690
#	ENSCO International, Inc.	54,152	3,889,738
	EOG Resources, Inc.	92,938	11,954,615
#	Exxon Mobil Corp.	2,012,934	178,668,022
	Halliburton Co.	331,156	16,087,559
	Hess Corp.	104,942	12,887,927
	Marathon Oil Corp.	266,747	13,708,128
	Murphy Oil Corp.	71,384	6,613,728
*	Nabors Industries, Ltd.	105,603	4,439,550
*	National-Oilwell, Inc.	155,477	12,954,344

	Noble Corp.	101,076	6,381,939
	Noble Energy, Inc.	64,651	6,300,240
	Occidental Petroleum Corp.	309,488	28,451,232
#	Peabody Energy Corp.	101,965	7,537,253
	Range Resources Corp.	56,399	3,708,798
	Rowan Companies, Inc.	41,880	1,849,002
	Schlumberger, Ltd.	450,634	45,572,616
	Smith International, Inc.	75,553	5,962,643
	Spectra Energy Corp.	237,989	6,430,463
#	Sunoco, Inc.	44,248	1,967,709
#	Tesoro Petroleum Corp.	51,771	1,286,509
	The Williams Companies, Inc.	220,112	8,373,060
# *	Transocean, Inc.	119,551	17,955,365
	Valero Energy Corp.	201,161	10,227,025
# *	Weatherford International, Ltd.	255,264	11,647,696
	XTO Energy, Inc.	192,007	12,215,485
Total Energy			657,919,229

Financials — (13.4%)
	Ace, Ltd.	124,117	7,455,708
	AFLAC, Inc.	178,624	11,991,029
	Allstate Corp.	210,856	10,741,005
	AMBAC Financial Group, Inc.	107,914	337,771
#	American Capital Strategies, Ltd.	73,400	2,348,800
#	American Express Co.	434,974	20,161,045
	American International Group, Inc.	1,013,369	36,481,284
	Ameriprise Financial, Inc.	85,391	4,035,579
	AON Corp.	114,951	5,424,538
	Assurant, Inc.	35,992	2,448,536
	Bank of America Corp.	1,671,378	56,843,566
	Bank of New York Mellon Corp.	429,437	19,122,830
#	BB&T Corp.	205,510	6,467,400
#	Bear Stearns Companies, Inc.	50,701	473,040
	Capital One Financial Corp.	140,332	6,752,776
# *	CB Richard Ellis Group, Inc.	65,378	1,468,390
	Chubb Corp.	139,303	7,488,929
	Cincinnati Financial Corp.	62,255	2,180,170
	CIT Group, Inc.	106,189	1,061,890
	Citigroup, Inc.	1,958,865	42,879,555
#	CME Group, Inc.	20,060	8,631,818
#	Comerica, Inc.	56,629	2,105,466
#	Countrywide Financial Corp.	218,517	1,149,399
	Discover Financial Services	180,269	3,091,613
# *	E*TRADE Financial Corp.	173,822	712,670
#	Federal Home Loan Mortgage Corporation	243,079	6,179,068
	Federal National Mortgage Association	398,926	10,778,981
	Federated Investors, Inc.	32,538	1,199,351
	Fifth Third Bancorp	200,463	3,748,658
#	First Horizon National Corp.	70,140	672,643
	Franklin Resources, Inc.	59,169	5,989,086
	Genworth Financial, Inc.	162,780	3,597,438
	Hartford Financial Services Group, Inc.	118,145	8,396,565
	Hudson City Bancorp, Inc.	195,034	3,471,605
#	Huntington Bancshares, Inc.	137,797	1,227,771
*	IntercontinentalExchange, Inc.	26,387	3,646,683

	Janus Capital Group, Inc.	55,578	1,611,762
	JPMorgan Chase & Co.	1,277,939	54,951,377
	KeyCorp	150,032	2,921,123
	Legg Mason, Inc.	50,724	2,729,458
#	Lehman Brothers Holdings, Inc.	199,631	7,348,417
	Leucadia National Corp.	63,644	3,455,869
	Lincoln National Corp.	99,542	5,490,737
	Loews Corp.	165,414	8,199,572
#	M&T Bank Corp.	28,969	2,510,454
	Marsh & McLennan Companies, Inc.	196,032	5,337,951
	Marshall & Ilsley Corp.	98,494	2,289,001
#	MBIA, Inc.	79,072	550,341
	Merrill Lynch & Co., Inc.	365,542	16,054,605
	MetLife, Inc.	266,821	16,017,265
#	MGIC Investment Corp.	44,770	538,135
#	Moody’s Corp.	77,382	2,869,325
	Morgan Stanley	415,597	18,381,855
#	National City Corp.	285,994	1,670,205
#	Northern Trust Corp.	72,212	5,488,112
	NYSE Euronext	99,704	6,373,080
	PNC Financial Services Group	128,214	8,237,750
	Principal Financial Group, Inc.	97,206	5,237,459
	Progressive Corp.	255,233	5,119,974
	Prudential Financial, Inc.	167,805	12,535,034
#	Regions Financial Corp.	260,964	4,650,378
	SAFECO Corp.	33,764	2,262,188
#	Schwab (Charles) Corp.	353,267	7,835,462
*	SLM Corp.	175,545	3,979,605
#	Sovereign Bancorp, Inc.	180,041	1,645,575
	State Street Corp.	145,775	10,498,716
	SunTrust Banks, Inc.	131,998	6,891,616
#	T. Rowe Price Group, Inc.	99,236	5,747,749
	The Goldman Sachs Group, Inc.	148,659	26,224,934
	The Travelers Companies, Inc.	233,397	11,625,505
	Torchmark Corp.	34,225	2,170,207
#	U.S. Bancorp	650,811	21,600,417
	Unum Group	130,535	3,143,283
#	Wachovia Corp.	800,583	19,053,875
#	Washington Mutual, Inc.	398,091	3,590,781
	Wells Fargo & Co.	1,240,415	34,198,242
#	XL Capital, Ltd.	66,935	2,336,701
#	Zions Bancorporation	40,309	1,736,915
Total Financials			675,873,666

Health Care — (10.4%)
#	Abbott Laboratories	581,578	32,771,920
	Aetna, Inc.	186,844	8,811,563
#	Allergan, Inc.	115,105	6,632,350
	AmerisourceBergen Corp.	61,179	2,528,528
# *	Amgen, Inc.	409,216	18,017,780
	Applera Corp. - Applied Biosystems Group	62,974	2,188,976
	Bard (C.R.), Inc.	37,749	3,442,709
*	Barr Laboratories, Inc.	40,598	1,778,192
	Baxter International, Inc.	238,699	14,584,509
	Becton Dickinson & Co.	91,824	7,754,537

*	Biogen Idec, Inc.	112,027	7,029,694
*	Boston Scientific Corp.	505,333	6,715,876
	Bristol-Myers Squibb Co.	744,739	16,972,602
	Cardinal Health, Inc.	134,166	7,585,746
*	Celgene Corp.	163,692	9,962,295
	Cigna Corp.	105,381	4,278,469
*	Coventry Health Care, Inc.	58,206	2,679,222
	Covidien, Ltd.	187,652	9,399,489
	Eli Lilly & Co.	372,174	17,916,456
*	Express Scripts, Inc.	95,117	6,858,887
*	Forest Laboratories, Inc.	117,154	4,207,000
*	Genzyme Corp.	100,692	6,893,374
*	Gilead Sciences, Inc.	349,484	19,333,455
*	Hospira, Inc.	59,705	2,504,028
*	Humana, Inc.	64,026	3,268,527
	IMS Health, Inc.	68,981	1,672,099
#	Johnson & Johnson	1,065,759	71,128,756
*	King Pharmaceuticals, Inc.	92,574	949,809
*	Laboratory Corp. of America Holdings	41,574	3,067,745
	McKesson Corp.	108,880	6,276,932
*	Medco Health Solutions, Inc.	197,124	9,550,658
	Medtronic, Inc.	422,535	21,409,848
	Merck & Co., Inc.	814,685	31,740,128
# *	Millipore Corp.	20,703	1,504,073
#	Mylan, Inc.	114,518	1,528,815
*	Patterson Companies, Inc.	48,665	1,655,097
	PerkinElmer, Inc.	44,255	1,251,531
	Pfizer, Inc.	2,543,806	49,248,084
	Quest Diagnostics, Inc.	59,168	2,982,659
	Schering-Plough Corp.	609,896	12,441,878
*	St. Jude Medical, Inc.	129,435	5,274,476
	Stryker Corp.	89,729	5,792,007
*	Tenet Healthcare Corp.	178,489	1,053,085
*	Thermo Fisher Scientific, Inc.	157,496	9,295,414
	UnitedHealth Group, Inc.	470,829	16,107,060
# *	Varian Medical Systems, Inc.	47,284	2,247,881
*	Waters Corp.	37,607	2,313,583
*	Watson Pharmaceuticals, Inc.	39,000	1,113,840
*	WellPoint, Inc.	203,902	11,381,810
	Wyeth	503,407	22,386,509
*	Zimmer Holdings, Inc.	87,735	6,387,108
Total Health Care			523,877,069

Industrials — (10.7%)
	3M Co.	266,255	20,650,738
*	Allied Waste Industries, Inc.	126,862	1,708,831
#	Avery Dennison Corp.	40,062	2,066,398
	B.F. Goodrich Co.	47,057	3,049,764
#	Boeing Co.	287,765	23,818,309
	Burlington Northern Santa Fe Corp.	111,357	12,588,909
#	C.H. Robinson Worldwide, Inc.	64,469	4,158,251
#	Caterpillar, Inc.	234,771	19,401,475
#	Cintas Corp.	49,146	1,450,790
#	Cooper Industries, Ltd.	66,315	3,092,268
	CSX Corp.	151,763	10,480,753

#	Cummins, Inc.	76,073	5,357,061
	Danaher Corp.	95,807	7,490,191
#	Deere & Co.	164,056	13,344,315
#	Dover Corp.	72,210	3,905,117
	Eaton Corp.	61,707	5,965,833
	Emerson Electric Co.	296,192	17,232,451
	Equifax, Inc.	48,777	1,861,330
	Expeditors International of Washington, Inc.	80,195	3,775,581
#	FedEx Corp.	116,434	10,678,162
#	Fluor Corp.	33,332	6,218,085
	General Dynamics Corp.	151,335	13,945,520
	General Electric Co.	3,757,085	115,417,651
	Honeywell International, Inc.	280,071	16,697,833
	Illinois Tool Works, Inc.	150,669	8,090,925
	Ingersoll-Rand Co., Ltd. Class A	102,581	4,517,667
	ITT Industries, Inc.	68,313	4,508,658
*	Jacobs Engineering Group, Inc.	45,653	4,326,991
	L-3 Communications Holdings, Inc.	46,051	4,945,417
	Lockheed Martin Corp.	128,986	14,116,228
#	Masco Corp.	137,216	2,543,985
# *	Monster Worldwide, Inc.	47,228	1,166,059
	Norfolk Southern Corp.	141,593	9,540,536
	Northrop Grumman Corp.	127,140	9,593,984
	Paccar, Inc.	137,960	7,365,684
	Pall Corp.	46,126	1,882,402
	Parker Hannifin Corp.	63,396	5,367,739
	Pitney Bowes, Inc.	79,420	2,883,740
	Precision Castparts Corp.	52,272	6,314,458
	R. R. Donnelley & Sons Co.	80,838	2,653,912
	Raytheon Co.	160,425	10,244,741
	Robert Half International, Inc.	59,758	1,468,852
#	Rockwell Automation, Inc.	55,819	3,268,202
	Rockwell Collins, Inc.	61,099	3,749,646
	Ryder System, Inc.	21,841	1,603,785
	Southwest Airlines Co.	276,791	3,614,890
*	Terex Corp.	38,225	2,727,354
	Textron, Inc.	93,567	5,852,616
	The Manitowoc Co., Inc.	48,859	1,900,615
#	Trane, Inc.	65,385	3,035,172
	Tyco International, Ltd.	182,463	8,245,503
	Union Pacific Corp.	196,172	16,146,917
	United Parcel Service, Inc.	389,175	27,639,209
	United Technologies Corp.	369,292	26,234,504
	W.W. Grainger, Inc.	25,252	2,304,498
	Waste Management, Inc.	186,373	7,069,128
Total Industrials			539,279,633

Information Technology — (15.0%)
# *	Adobe Systems, Inc.	200,095	8,816,186
# *	Advanced Micro Devices, Inc.	227,837	1,567,519
*	Affiliated Computer Services, Inc. Class A	36,108	1,957,054
*	Agilent Technologies, Inc.	137,345	5,135,330
# *	Akamai Technologies, Inc.	62,880	2,455,464
#	Altera Corp.	115,623	2,675,516
	Analog Devices, Inc.	110,591	3,882,850

# *	Apple, Inc.	330,673	62,414,529
#	Applied Materials, Inc.	509,293	10,089,094
# *	Autodesk, Inc.	86,875	3,575,775
#	Automatic Data Processing, Inc.	196,683	8,467,203
*	BMC Software, Inc.	72,287	2,898,709
# *	Broadcom Corp.	175,876	5,045,882
	CA, Inc.	146,802	3,896,125
# *	Ciena Corp.	32,753	1,000,932
# *	Cisco Sytems, Inc.	2,242,810	59,927,883
# *	Citrix Systems, Inc.	69,712	2,386,242
*	Cognizant Technology Solutions Corp.	108,488	3,827,457
*	Computer Sciences Corp.	61,567	3,026,018
*	Compuware Corp.	103,171	1,051,313
*	Convergys Corp.	47,690	769,240
	Corning, Inc.	592,365	16,195,259
*	Dell, Inc.	768,404	17,719,396
*	eBay, Inc.	419,693	12,594,987
*	Electronic Arts, Inc.	119,186	5,983,137
	Electronic Data Systems Corp.	191,628	4,692,970
# *	EMC Corp.	790,333	13,783,408
	Fidelity National Information Services, Inc.	64,390	2,593,629
# *	Fiserv, Inc.	61,860	3,238,990
# *	Google, Inc.	87,251	51,111,636
	Hewlett-Packard Co.	927,562	43,651,068
	Intel Corp.	2,177,721	50,479,573
#	International Business Machines Corp.	520,851	67,413,745
*	Intuit, Inc.	123,306	3,570,942
	Jabil Circuit, Inc.	78,285	995,785
# *	JDS Uniphase Corp.	84,619	1,046,737
# *	Juniper Networks, Inc.	196,995	5,421,302
#	KLA-Tencor Corp.	63,982	2,950,850
*	Lexmark International, Inc.	35,727	1,316,897
#	Linear Technology Corp.	83,133	3,056,800
*	LSI Corp.	248,729	1,808,260
*	MEMC Electronic Materials, Inc.	85,937	5,900,434
#	Microchip Technology, Inc.	71,036	2,616,966
*	Micron Technology, Inc.	286,102	2,308,843
	Microsoft Corp.	3,011,487	85,285,312
	Molex, Inc.	52,901	1,472,764
	Motorola, Inc.	848,358	7,915,180
#	National Semiconductor Corp.	85,351	1,796,639
# *	NetApp, Inc.	129,249	3,151,091
*	Novell, Inc.	132,480	937,958
# *	Novellus Systems, Inc.	38,363	916,492
*	Nvidia Corp.	209,031	5,163,066
# *	Oracle Corp.	1,488,124	33,988,752
	Paychex, Inc.	121,778	4,207,430
*	QLogic Corp.	50,541	798,042
#	QUALCOMM, Inc.	606,619	29,445,286
*	Sandisk Corp.	86,192	2,440,096
# *	Sun Microsystems, Inc.	298,277	3,862,687
*	Symantec Corp.	318,465	6,920,244
*	Tellabs, Inc.	155,682	846,910
*	Teradata Corp.	67,569	1,825,039
*	Teradyne, Inc.	65,594	901,262

	Texas Instruments, Inc.	499,023	16,208,267
	Total System Services, Inc.	74,814	1,834,439
*	Unisys Corp.	132,968	672,818
*	VeriSign, Inc.	80,286	3,214,651
	Western Union Co.	282,050	6,667,662
	Xerox Corp.	345,232	4,688,251
#	Xilinx, Inc.	107,725	2,930,120
*	Yahoo!, Inc.	503,104	13,463,063
Total Information Technology			756,871,456

Materials — (3.4%)
#	Air Products & Chemicals, Inc.	80,684	8,223,313
	Alcoa, Inc.	306,403	12,436,898
	Allegheny Technologies, Inc.	37,980	2,848,500
	Ashland, Inc.	21,062	1,130,398
	Ball Corp.	36,700	1,992,810
	Bemis Co., Inc.	37,483	997,048
	Dow Chemical Co.	353,523	14,282,329
	duPont (E.I.) de Nemours & Co., Inc.	338,375	16,211,546
#	Eastman Chemical Co.	30,006	2,298,760
	Ecolab, Inc.	66,035	2,960,349
#	Freeport-McMoRan Copper & Gold, Inc. Class B	144,014	16,663,860
	Hercules, Inc.	42,699	880,880
	International Flavors & Fragrances, Inc.	30,482	1,279,025
	International Paper Co.	160,942	4,380,841
	MeadWestavco Corp.	65,410	1,682,999
	Monsanto Co.	206,179	26,267,205
#	Newmont Mining Corp.	170,548	8,106,146
#	Nucor Corp.	108,376	8,106,525
# *	Pactiv Corp.	49,061	1,208,372
#	PPG Industries, Inc.	61,636	3,884,917
#	Praxair, Inc.	117,861	11,203,867
#	Rohm & Haas Co.	47,167	2,546,075
#	Sealed Air Corp.	60,804	1,481,185
	Sigma-Aldrich Corp.	48,682	2,860,554
#	Titanium Metals Corp.	37,195	647,193
#	United States Steel Corp.	44,320	7,654,507
#	Vulcan Materials Co.	40,774	3,136,744
	Weyerhaeuser Co.	78,843	4,914,284
Total Materials			170,287,130

Real Estate Investment Trusts — (1.1%)
	Apartment Investment & Management Co. Class A	34,514	1,365,719
	AvalonBay Communities, Inc.	28,911	2,925,793
	Boston Properties, Inc.	44,957	4,394,097
	Developers Diversified Realty Corp.	44,941	1,783,259
	Equity Residential	101,452	4,290,405
	General Growth Properties, Inc.	100,372	4,171,460
	HCP, Inc.	88,170	3,020,704
	Host Marriott Corp.	196,979	3,386,069
	Kimco Realty Corp.	95,135	3,743,562
#	Plum Creek Timber Co., Inc.	64,392	3,003,887
	ProLogis	97,147	6,016,314
	Public Storage	46,856	4,129,419
	Simon Property Group, Inc.	83,919	8,338,192

	Vornado Realty Trust	50,781	4,962,827
Total Real Estate Investment Trusts			55,531,707

Telecommunication Services — (3.1%)
*	American Tower Corp.	152,280	6,962,242
	AT&T, Inc.	2,270,928	90,610,027
#	CenturyTel, Inc.	40,124	1,420,791
	Citizens Communications Co.	123,318	1,437,888
	Embarq Corp.	57,720	2,731,310
#	Qwest Communications International, Inc.	578,488	2,805,667
	Sprint Nextel Corp.	1,071,908	10,033,059
	Verizon Communications, Inc.	1,080,190	41,554,909
	Windstream Corp.	170,809	2,278,592
Total Telecommunication Services			159,834,485

Utilities — (3.3%)
*	AES Corp.	251,805	4,905,161
#	Allegheny Energy, Inc.	62,916	3,444,651
#	Ameren Corp.	78,532	3,569,279
	American Electric Power Co., Inc.	150,658	6,377,353
	CenterPoint Energy, Inc.	123,162	2,086,364
	CMS Energy Corp.	84,721	1,320,800
	Consolidated Edison, Inc.	102,391	4,228,748
	Constellation Energy Group	66,942	5,772,409
#	Dominion Resources, Inc.	216,281	10,013,810
	DTE Energy Co.	61,413	2,716,911
#	Duke Energy Corp.	475,149	8,780,754
*	Dynegy, Inc.	186,573	1,757,518
	Edison International	122,584	6,525,146
	Entergy Corp.	71,927	8,686,624
#	Exelon Corp.	248,781	21,892,728
	FirstEnergy Corp.	114,692	9,027,407
#	FPL Group, Inc.	153,271	10,348,858
	Integrys Energy Group, Inc.	28,753	1,476,467
	Nicor, Inc.	16,981	693,334
#	NiSource, Inc.	103,149	1,865,965
	Pepco Holdings, Inc.	75,666	2,046,009
	PG&E Corp.	133,849	5,299,082
	Pinnacle West Capital Corp.	37,812	1,277,289
	PPL Corp.	140,479	7,207,978
	Progress Energy, Inc.	97,861	4,184,536
	Public Service Enterprise Group, Inc.	191,304	8,467,115
#	Questar Corp.	65,013	4,175,135
	Sempra Energy	98,314	5,683,532
	Southern Co.	287,719	10,415,428
#	TECO Energy, Inc.	79,355	1,616,461
	Xcel Energy, Inc.	161,465	3,440,819
Total Utilities			169,303,671

TOTAL COMMON STOCKS			4,591,920,260

		Face
		Amount
		(000)
TEMPORARY CASH INVESTMENTS — (2.1%)
	Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $117,940,000 FHLMC 6.50%, 08/01/37 & FHLMC 6.50%, 09/01/37, valued at $107,679,683) to be repurchased at $106,099,150	$	106,082		106,082,000

SECURITIES LENDING COLLATERAL — (7.0%)
@	Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $584,724,832 FNMA, rates ranging from 3.500% to 9.000%, maturities ranging from 12/01/11 to 06/01/38, valued at $320,747,069) to be repurchased at $311,465,904	311,405		311,404,921
@	Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $65,100,286 FNMA, rates ranging from 5.000% to 6.000%, maturities ranging from 02/01/18 to 05/01/38, valued at $41,679,949) to be repurchased at $40,471,145	40,464		40,463,524

TOTAL SECURITIES LENDING COLLATERAL				351,868,445

TOTAL INVESTMENTS - (100.0%)
(Cost $3,880,265,093)				$	5,049,870,705

See accompanying Notes to Financial Statements.

THE U.S. LARGE CAP VALUE SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008

(Unaudited)

		Shares	Value †

COMMON STOCKS — (90.6%)
Consumer Discretionary — (14.6%)
* #	AbitibiBowater Canada, Inc.	110,084	$	1,307,798
	Ah Belo Corp.	93,832	891,404
	American Greetings Corp. Class A	208,300	3,886,878
* #	AutoNation, Inc.	2,028,800	32,034,752
	Belo Corp. Class A	462,664	4,423,068
* #	Big Lots, Inc.	61,745	1,917,800
#	Blockbuster, Inc. Class A	49,421	160,618
#	Borders Group, Inc.	6,100	37,454
#	Brunswick Corp.	325,600	4,460,720
#	CBS Corp. Class B	5,687,606	122,738,537
#	Circuit City Stores, Inc.	171,000	839,610
#	Citadel Broadcasting Co.	32,378	56,985
	Clear Channel Communications, Inc.	1,942,666	68,032,163
#	Comcast Corp. Class A	12,429,142	279,655,695
	Comcast Corp. Special Class A Non-Voting	1,371,250	30,565,163
#	Dillards, Inc. Class A	623,500	10,150,580
* #	Discovery Holding Co. Class A	1,017,390	26,645,444
	Disney (Walt) Co.	415,720	13,968,192
*	Expedia, Inc.	1,156,951	28,056,062
#	Foot Locker, Inc.	554,663	8,103,626
* #	Ford Motor Co.	11,321,890	76,988,852
#	Gannett Co., Inc.	931,585	26,838,964
#	General Motors Corp.	4,413,900	75,477,690
*	Goodyear Tire & Rubber Co.	556,502	14,140,716
#	Hearst-Argyle Television, Inc.	364,900	7,761,423
*	IAC/InterActiveCorp.	2,097,251	47,293,010
	Idearc, Inc.	113,204	455,080
	J.C. Penney Co., Inc.	88,700	3,569,288
* #	Jarden Corp.	41,300	774,375
#	Jones Apparel Group, Inc.	545,700	9,178,674
#	Leggett & Platt, Inc.	373,400	7,131,940
*	Liberty Global, Inc. Class A	309,505	11,095,754
*	Liberty Global, Inc. Series C	339,005	11,451,589
*	Liberty Media Corp. - Entertainment Class A	3,931,872	106,160,544
*	Liberty Media Holding Corp. Capital Class A	982,968	14,567,586
*	Liberty Media Holding Corp. Interactive Class A	4,235,162	71,955,402
* #	Live Nation, Inc.	239,533	3,628,925
	Macy’s, Inc.	1,739,930	41,184,143
#	MDC Holdings, Inc.	317,309	12,892,265
* #	Mohawk Industries, Inc.	404,517	30,371,136
	News Corp. Class A	35,876	643,974
	OfficeMax, Inc.	383,200	8,307,776
* #	R.H. Donnelley Corp.	309,570	1,680,965

*	Radio One, Inc. Class D	45,200	52,884
* #	Royal Caribbean Cruises, Ltd.	235,400	6,996,088
#	Ryland Group, Inc.	225,700	6,274,460
#	Saks, Inc.	981,150	13,559,493
* #	Sears Holdings Corp.	195,714	16,580,890
	Service Corp. International	398,500	4,263,950
	Time Warner, Inc.	18,688,980	296,781,002
* #	Toll Brothers, Inc.	919,700	19,378,079
*	TRW Automotive Holdings Corp.	362,600	9,046,870
#	Whirlpool Corp.	175,315	12,917,209
#	Wyndham Worldwide Corp.	797,860	17,457,177
Total Consumer Discretionary			1,624,790,722

Consumer Staples — (4.4%)
	Archer-Daniels-Midland Co.	1,240,260	49,238,322
	Coca-Cola Enterprises, Inc.	3,580,472	72,110,706
*	Constellation Brands, Inc. Class A	444,810	9,483,349
	Corn Products International, Inc.	483,600	22,734,036
#	Del Monte Foods Co.	1,086,541	9,463,772
	J.M. Smucker Co.	397,802	20,999,968
	Kraft Foods, Inc.	4,030,190	130,900,571
	Molson Coors Brewing Co.	578,690	33,564,020
	PepsiAmericas, Inc.	402,100	9,799,177
	Pilgrim’s Pride Corp.	236,318	6,144,268
* #	Rite Aid Corp.	956,300	2,151,675
* #	Smithfield Foods, Inc.	799,600	25,019,484
	SUPERVALU, Inc.	1,536,742	53,893,542
	Tyson Foods, Inc. Class A	2,025,659	38,163,416
	Weis Markets, Inc.	11,500	396,865
Total Consumer Staples			484,063,171

Energy — (15.0%)
	Anadarko Petroleum Corp.	3,481,656	261,019,750
	Apache Corp.	2,319,190	310,910,611
#	Chesapeake Energy Corp.	3,199,938	175,260,604
	Cimarex Energy Co.	361,347	24,622,185
	ConocoPhillips	3,507,507	326,548,902
	Devon Energy Corp.	1,997,042	231,537,049
*	Forest Oil Corp.	475,600	31,746,300
	Helmerich & Payne, Inc.	112,857	7,070,491
*	Mariner Energy, Inc.	257,480	8,419,596
*	Newfield Exploration Co.	674,465	42,653,167
	Noble Energy, Inc.	233,800	22,783,810
#	Overseas Shipholding Group, Inc.	286,600	22,658,596
	Patterson-UTI Energy, Inc.	274,100	8,628,668
#	Pioneer Natural Resources Co.	786,498	56,462,691
*	Pride International, Inc.	312,040	13,711,038
#	Rowan Companies, Inc.	158,866	7,013,934
* #	SEACOR Holdings, Inc.	171,200	15,233,376
#	Tidewater, Inc.	431,200	29,463,896
*	Unit Corp.	61,900	4,747,111
	Valero Energy Corp.	1,239,275	63,004,741
Total Energy			1,663,496,516

Financials — (29.0%)
*	Allegheny Corp.	36,722	13,789,111
	Allstate Corp.	2,126,900	108,344,286
#	American Capital Strategies, Ltd.	472,547	15,121,504
	American Financial Group, Inc.	883,300	26,340,006
#	American International Group, Inc.	3,921,610	141,177,960
	American National Insurance Co.	71,652	7,901,066
* #	AmeriCredit Corp.	399,100	5,423,769
#	Associated Banc-Corp.	295,313	8,064,998
	Assurant, Inc.	144,800	9,850,744
	Bank of America Corp.	6,581,274	223,829,129
#	Bear Stearns Companies, Inc.	417,870	3,898,727
#	Capital One Financial Corp.	1,606,984	77,328,070
	Chubb Corp.	1,482,600	79,704,576
#	Cincinnati Financial Corp.	1,328,489	46,523,685
#	CIT Group, Inc.	1,326,512	13,265,120
#	CNA Financial Corp.	1,929,282	58,630,880
#	Comerica, Inc.	334,100	12,421,838
	Commerce Group, Inc.	315,600	11,604,612
*	Conseco, Inc.	402,300	4,694,841
	Discover Financial Services	649,850	11,144,928
	Federal National Mortgage Association	491,739	13,286,788
	Fidelity National Financial, Inc.	952,159	16,281,919
	Fifth Third Bancorp	455,000	8,508,500
	First American Corp.	722,800	24,264,396
	First Citizens BancShares, Inc.	10,300	1,642,232
#	Fulton Financial Corp.	236,699	2,987,141
	Genworth Financial, Inc.	1,003,323	22,173,438
	Hanover Insurance Group, Inc.	388,766	17,922,113
	Hartford Financial Services Group, Inc.	1,157,500	82,263,525
	HCC Insurance Holdings, Inc.	254,957	6,070,526
	Hudson City Bancorp, Inc.	1,932,473	34,398,019
#	Huntington Bancshares, Inc.	339,765	3,027,306
#	Janus Capital Group, Inc.	1,558,800	45,205,200
	JPMorgan Chase & Co.	7,876,534	338,690,962
	KeyCorp	928,500	18,077,895
	Legg Mason, Inc.	294,947	15,871,098
#	Lehman Brothers Holdings, Inc.	943,839	34,742,714
#	Leucadia National Corp.	64,952	3,526,894
	Lincoln National Corp.	1,092,926	60,285,798
#	Loews Corp.	3,874,202	192,044,193
#	M&T Bank Corp.	244,246	21,166,358
	Marsh & McLennan Companies, Inc.	45,900	1,249,857
#	Marshall & Ilsley Corp.	596,000	13,851,040
#	Mercury General Corp.	126,900	6,454,134
#	Merrill Lynch & Co., Inc.	1,433,140	62,943,509
#	MetLife, Inc.	5,587,198	335,399,496
	Morgan Stanley	1,602,371	70,872,869
#	National City Corp.	1,962,794	11,462,717
	Nationwide Financial Services, Inc.	393,102	20,059,995
#	New York Community Bancorp, Inc.	2,262,500	46,426,500
	Odyssey Re Holdings Corp.	351,255	13,186,113
	Old Republic International Corp.	1,782,254	26,822,923
	Principal Financial Group, Inc.	1,193,300	64,295,004
	Protective Life Corp.	547,200	22,971,456
	Prudential Financial, Inc.	1,861,400	139,046,580

	Reinsurance Group of America, Inc.	479,000	24,630,180
	SAFECO Corp.	530,900	35,570,300
#	South Financial Group, Inc.	543,733	2,995,969
#	Sovereign Bancorp, Inc.	2,013,036	18,399,149
	StanCorp Financial Group, Inc.	222,900	12,257,271
#	SunTrust Banks, Inc.	813,260	42,460,305
#	Synovus Financial Corp.	487,500	5,601,375
#	The Colonial BancGroup, Inc.	181,500	1,112,595
	The Travelers Companies, Inc.	5,164,209	257,229,250
	Torchmark Corp.	174,800	11,084,068
	Transatlantic Holdings, Inc.	118,921	7,688,243
#	UnionBanCal Corp.	315,300	15,783,918
	Unitrin, Inc.	496,679	17,234,761
#	Unum Group	2,446,189	58,904,231
	W. R. Berkley Corp.	397,904	10,779,219
	Webster Financial Corp.	212,100	5,508,237
	Wesco Financial Corp.	19,000	8,094,000
#	Zions Bancorporation	237,920	10,251,973
Total Financials			3,222,124,102

Health Care — (0.5%)
*	Community Health Systems, Inc.	95,826	3,452,611
*	Health Management Associates, Inc.	560,097	4,346,353
	Omnicare, Inc.	239,700	5,867,856
	PerkinElmer, Inc.	65,900	1,863,652
* #	Tenet Healthcare Corp.	1,525,700	9,001,630
	UnitedHealth Group, Inc.	26,590	909,644
	Universal Health Services, Inc.	19,844	1,289,860
*	Watson Pharmaceuticals, Inc.	676,800	19,329,408
*	WellPoint, Inc.	173,138	9,664,563
Total Health Care			55,725,577

Industrials — (14.0%)
#	Alexander & Baldwin, Inc.	139,805	7,195,763
*	Allied Waste Industries, Inc.	2,728,976	36,759,307
*	Avis Budget Group, Inc.	432,980	6,027,082
#	Burlington Northern Santa Fe Corp.	2,216,173	250,538,358
	CSX Corp.	3,367,404	232,552,920
	Curtiss-Wright Corp.	53,560	2,758,876
	DRS Technologies, Inc.	91,850	7,235,943
#	GATX Corp.	390,900	19,275,279
	IKON Office Solutions, Inc.	432,700	5,231,343
* #	Kansas City Southern	557,700	27,862,692
	Kennametal, Inc.	72,685	2,809,275
	Norfolk Southern Corp.	3,209,002	216,222,555
#	Northrop Grumman Corp.	2,635,484	198,873,623
	Pentair, Inc.	164,120	6,143,012
#	R. R. Donnelley & Sons Co.	498,047	16,350,883
	Raytheon Co.	740,994	47,319,877
	Ryder System, Inc.	466,600	34,262,438
#	Southwest Airlines Co.	5,164,520	67,448,631
#	Timken Co.	212,700	7,791,201
	Trinity Industries, Inc.	64,845	2,648,918
#	UAL Corp.	378,017	3,228,265
	Union Pacific Corp.	4,137,400	340,549,394

*	United Rentals, Inc.	265,692	5,470,598
* #	YRC Worldwide, Inc.	445,344	7,775,706
Total Industrials			1,552,331,939

Information Technology — (4.1%)
*	3Com Corp.	1,041,900	2,625,588
* #	Advanced Micro Devices, Inc.	575,230	3,957,582
* #	Applied Micro Circuits Corp.	53,300	522,873
*	Arrow Electronics, Inc.	456,200	13,987,092
*	Avnet, Inc.	1,074,500	31,719,240
	AVX Corp.	507,400	6,758,568
*	Computer Sciences Corp.	1,385,243	68,084,693
*	Compuware Corp.	943,130	9,610,495
*	Convergys Corp.	193,000	3,113,090
	Electronic Data Systems Corp.	2,164,600	53,011,054
*	Fairchild Semiconductor Corp. Class A	43,100	646,500
	Fidelity National Information Services, Inc.	402,462	16,211,169
*	Ingram Micro, Inc.	1,339,168	24,279,116
*	Integrated Device Technology, Inc.	1,446,600	16,317,648
*	International Rectifier Corp.	186,700	4,327,706
	Intersil Corp.	1,048,598	29,224,426
* #	JDS Uniphase Corp.	303,862	3,758,773
* #	Micron Technology, Inc.	3,907,157	31,530,757
*	NCR Corp.	184,100	4,871,286
* #	Novellus Systems, Inc.	261,568	6,248,860
* #	Sandisk Corp.	138,300	3,915,273
*	Sanmina-SCI Corp.	3,848,400	5,772,600
* #	Sun Microsystems, Inc.	528,425	6,843,104
* #	Symantec Corp.	1,879,964	40,851,618
*	Tech Data Corp.	385,011	14,087,552
* #	Tellabs, Inc.	1,964,818	10,688,610
*	Unisys Corp.	482,283	2,440,352
*	Vishay Intertechnology, Inc.	1,283,816	12,940,865
	Xerox Corp.	2,126,878	28,883,003
Total Information Technology			457,229,493

Materials — (3.1%)
	Alcoa, Inc.	964,763	39,159,730
	Ashland, Inc.	532,611	28,585,232
	Bemis Co., Inc.	230,900	6,141,940
	Chemtura Corp.	844,230	7,370,128
	Cytec Industries, Inc.	188,900	11,930,924
*	Domtar Corp.	4,514,536	31,014,862
#	International Paper Co.	1,615,245	43,966,969
#	Louisiana-Pacific Corp.	795,400	9,656,156
	Lubrizol Corp.	179,500	10,069,950
#	MeadWestavco Corp.	1,393,431	35,852,980
#	Reliance Steel & Aluminum Co.	116,900	7,945,693
*	Smurfit-Stone Container Corp.	1,764,694	11,876,391
	Tronox, Inc. Class B	92,517	306,231
#	Valhi, Inc.	115,611	3,611,688
#	Westlake Chemical Corp.	21,400	371,290
#	Weyerhaeuser Co.	1,440,429	89,781,940
#	Worthington Industries, Inc.	131,400	2,620,116
Total Materials			340,262,220

Telecommunication Services — (5.9%)
	AT&T, Inc.	8,217,218		327,866,998
#	CenturyTel, Inc.	288,690		10,222,513
#	FairPoint Communications, Inc.	122,757		1,104,813
	Sprint Nextel Corp.	1,956,986		18,317,389
	Telephone & Data Systems, Inc.	413,797		19,725,703
#	Telephone & Data Systems, Inc. Special Shares	177,000		7,770,300
*	United States Cellular Corp.	268,725		16,830,247
	Verizon Communications, Inc.	6,654,852		256,012,156
Total Telecommunication Services				657,850,119

TOTAL COMMON STOCKS				10,057,873,859

		Face
		Amount
		(000)

TEMPORARY CASH INVESTMENTS — (0.3%)
	Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $36,785,000 FHLMC 6.50%, 08/01/37, valued at $34,771,036) to be repurchased at $34,260,538	$	34,255		34,255,000

SECURITIES LENDING COLLATERAL — (9.1%)
@	Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $1,208,778,964 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 04/01/12 to 05/01/48, valued at $924,550,951) to be repurchased at $897,798,066	897,622		897,622,282
@	Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $214,255,654 FNMA, rates ranging from 5.000% to 8.000%, maturities ranging from 02/01/10 to 05/01/38, valued at $115,483,990) to be repurchased at $112,136,637	112,116		112,115,522

TOTAL SECURITIES LENDING COLLATERAL				1,009,737,804

TOTAL INVESTMENTS - (100.0%) (Cost $9,790,024,787)				$	11,101,866,663

See accompanying Notes to Financial Statements.

THE DFA INTERNATIONAL VALUE SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008

(Unaudited)

		Shares	Value ††

AUSTRALIA — (5.0%)
COMMON STOCKS — (5.0%)
	Amcor, Ltd.	1,425,611	$	8,306,677
	Amcor, Ltd. Sponsored ADR	77,103	1,790,802
#	APN News & Media, Ltd.	509,371	1,967,928
	Australia & New Zealand Banking Group, Ltd.	3,303,028	68,549,078
	AXA Asia Pacific Holdings, Ltd.	2,171,146	10,974,476
#	Bendigo Bank, Ltd.	191,751	2,590,762
	BlueScope Steel, Ltd.	1,743,215	18,933,932
#	Boral, Ltd.	1,169,855	6,746,930
	Caltex Australia, Ltd.	265,507	3,796,732
	Commonwealth Bank of Australia	2,106,388	85,313,967
	Crown, Ltd.	171,766	1,729,444
#	CSR, Ltd.	1,545,200	4,314,835
	Downer EDI, Ltd.	513,783	3,541,498
#	Fairfax Media, Ltd.	1,957,598	6,482,154
	Foster’s Group, Ltd.	4,479,598	23,555,174
	Futuris Corp., Ltd.	567,255	970,390
	Goodman Fielder, Ltd.	2,290,858	3,836,041
	Insurance Australia Group, Ltd.	2,748,860	10,575,487
	Lend Lease Corp., Ltd.	662,249	7,713,938
#	Macquarie Group, Ltd.	71,639	3,742,590
#	Metcash, Ltd.	400,000	1,572,677
	National Australia Bank, Ltd.	3,179,770	95,305,976
	Oil Search, Ltd.	1,137,693	6,690,479
	Onesteel, Ltd.	1,529,133	10,558,967
	Origin Energy, Ltd.	1,952,182	29,139,492
#	Publishing and Broadcasting, Ltd.	190,851	656,775
	Qantas Airways, Ltd.	2,105,647	6,992,435
	QBE Insurance Group, Ltd.	40,687	951,730
	Santos, Ltd.	963,422	19,446,802
#	Seven Network, Ltd.	195,723	1,685,175
	Suncorp-Metway, Ltd.	1,329,287	18,357,926
	TABCORP Holdings, Ltd.	1,246,164	13,397,526
#	Washington H. Soul Pattinson & Co., Ltd.	113,801	1,094,549
	Zinifex, Ltd.	497,511	4,524,829

TOTAL — AUSTRALIA			485,808,173

AUSTRIA — (0.7%)
COMMON STOCKS — (0.7%)
#	Erste Bank der Oesterreichischen Sparkassen AG	270,644	20,650,896
	OMV AG	457,110	37,627,850
	Wienerberger AG	221,811	11,747,553

TOTAL — AUSTRIA			70,026,299

BELGIUM — (0.6%)
COMMON STOCKS — (0.6%)
*	Cumerio NV SA- Strip	2,009	—
#	Delhaize Group	208,895	15,712,388
#	Delhaize Group Sponsored ADR	52,900	3,993,950
#	Dexia SA	1,535,241	36,188,253
	UCB SA	110,629	4,460,014
TOTAL COMMON STOCKS			60,354,605

RIGHTS/WARRANTS — (0.0%)
*	Umicore	10,045	313

TOTAL — BELGIUM			60,354,918

CANADA — (5.7%)
COMMON STOCKS — (5.7%)
	Astral Media, Inc. Class A	40,138	1,395,700
#	Bank of Montreal	375,400	18,426,186
	Barrick Gold Corp.	1,398,132	56,327,721
#	BCE, Inc.	589,125	20,781,835
	Biovail Corp.	191,400	2,226,836
#	Canadian Pacific Railway, Ltd.	275,000	20,088,064
#	Canadian Tire Corp. Class A	89,500	5,395,582
	Canadian Utilities, Ltd. Class A	1,600	74,171
*	CGI Group, Inc.	555,500	5,976,545
*	Domtar Corp.	315,000	2,158,967
	E-L Financial Corp., Ltd.	600	345,109
	Empire Co., Ltd. Class A	65,500	2,603,915
#	EnCana Corp.	1,030,498	92,834,014
	Fairfax Financial Holdings, Inc.	47,800	13,159,913
#	George Weston, Ltd.	138,400	7,133,116
#	Gerdau Ameristeel Corp.	235,400	4,226,586
	Goldcorp, Inc.	440,700	17,728,240
	Industrial Alliance Insurance & Financial Services, Inc.	144,400	5,217,351
#	ING Canada, Inc.	132,500	5,168,780
	Jean Coutu Group PJC, Inc. Class A	307,800	2,877,880
	Kinross Gold Corp.	130,300	2,599,181
	Loblaw Companies, Ltd.	65,300	2,237,787
# *	Lundin Mining Corp.	411,100	3,380,321
#	Magna International, Inc. Class A	291,268	20,528,883
#	Manitoba Telecom Services, Inc.	40,500	1,748,641
#	Manulife Financial Corp.	794,400	30,677,464
*	MDS, Inc.	316,264	5,942,682
	Methanex Corp.	23,300	658,478
	Metro, Inc. Class A	93,700	2,620,695
#	National Bank of Canada	262,300	14,342,551
#	Onex Corp.	168,200	5,709,930

*	OPTI Canada, Inc.	24,400	552,536
#	Petro-Canada	929,700	53,643,016
#	Power Corp. of Canada, Ltd.	470,296	15,908,463
#	Quebecor, Inc. Class B	70,700	2,234,991
*	Saskatchewan Wheat Pool, Inc.	192,500	2,634,863
	Sherritt International Corp.	461,300	7,061,567
#	Sun Life Financial, Inc.	1,300,100	60,516,933
#	The Thomson Corp.	249,700	9,084,798
#	Transalta Corp.	131,255	4,759,579
#	TransCanada Corp.	471,802	18,594,773
	Yamana Gold, Inc.	618,800	9,565,990

TOTAL — CANADA			559,150,633

DENMARK — (1.1%)
COMMON STOCKS — (1.1%)
#	A P Moller - Maersk A.S.	3,225	40,178,830
*	Alm. Brand A.S.	11,571	694,939
#	Carlsberg A.S. Series B	68,850	7,217,682
#	Dampskibsselsk Torm A.S.	29,600	980,329
#	Dampskibsselskabet Torm A.S. ADR	15,086	500,554
#	Danisco A.S.	110,980	8,632,269
	Danske Bank A.S.	993,853	34,077,006
*	Jyske Bank A.S.	95,900	6,400,341
	Sydbank A.S.	71,200	3,063,264
TOTAL COMMON STOCKS			101,745,214

RIGHTS/WARRANTS — (0.0%)
*	Carlsberg A.S. Rights 06/10/08	68,850	1,378,580

TOTAL — DENMARK			103,123,794

FINLAND — (0.9%)
COMMON STOCKS — (0.9%)
	Fortum Oyj	412,740	19,973,918
	Kesko Oyj	157,000	6,395,455
	OKO Bank P.L.C. Class A	117,000	2,409,842
	Outokumpu Oyj Series A	343,267	15,375,384
	Sampo Oyj	506,274	14,663,378
	Stora Enso Oyj Series R	1,024,210	12,459,458
	Stora Enso Oyj Sponsored ADR	91,500	1,110,545
	UPM-Kymmene Oyj	975,122	18,979,689
	UPM-Kymmene Oyj Sponsored ADR	69,300	1,346,194

TOTAL — FINLAND			92,713,863

FRANCE — (8.5%)
COMMON STOCKS — (8.4%)
	Air France-KLM	257,734	6,887,110
*	Atos Origin SA	30,931	1,826,383
#	AXA SA	2,905,543	102,763,174
	AXA SA Sponsored ADR	90,300	3,194,814

#	BNP Paribas SA	1,666,604	171,886,430
	Capgemini SA	266,832	18,082,336
#	Casino Guichard Perrachon SA	93,493	11,843,142
	Ciments Francais SA	29,707	5,731,246
	CNP Assurances	74,461	9,163,730
	Compagnie de Saint-Gobain	598,264	48,285,938
#	Compagnie Generale des Establissements Michelin Series B	218,241	19,539,833
#	Credit Agricole SA	1,115,732	29,508,646
	Esso Ste Anonyme Francaise	2,114	533,752
#	Euler Hermes SA	10,758	1,014,935
#	European Aeronautic Defence & Space Co.	696,957	16,260,493
#	France Telecom SA	857,969	26,106,411
#	France Telecom SA Sponsored ADR	123,605	3,787,257
#	Lafarge SA	243,683	44,049,214
	Lafarge SA Prime Fidelity	85,542	15,485,340
	Lagardere SCA	209,867	15,160,226
	Nexans SA	23,976	3,269,980
#	Peugeot SA	335,527	20,874,550
	PPR SA	134,779	17,606,408
#	Renault SA	394,997	40,554,700
*	Rexel SA	45,000	826,105
# *	Safran SA	321,769	7,022,737
#	Schneider Electric SA	296,939	37,270,519
	SCOR SE	6	19
	SCOR SE	193,766	4,891,575
# *	Societe Generale Paris	293,528	30,498,545
#	Vivendi SA	2,556,392	107,526,605
TOTAL COMMON STOCKS			821,452,153

RIGHTS/WARRANTS — (0.1%)
*	Societe Generale Rights 03/06/08	73,382	7,511,957

TOTAL — FRANCE			828,964,110

GERMANY — (10.9%)
COMMON STOCKS — (10.9%)
	Allianz SE	464,749	87,919,955
#	Allianz SE Sponsored ADR	2,772,640	52,486,075
#	AMB Generali Holding AG	36,508	6,509,809
	Bayerische Motoren Werke AG	730,223	43,192,448
#	Bilfinger Berger AG	21,332	1,961,459
	Celesio AG	100,394	4,232,494
	Commerzbank AG	1,122,000	39,562,244
	Daimler AG	1,734,297	131,846,664
#	Daimler AG Sponsored ADR	159,500	12,126,785
#	Deutsche Bank AG	801,377	85,476,644
#	Deutsche Bank AG ADR	128,363	13,666,809
	Deutsche Lufthansa AG	407,381	10,548,028
	Deutsche Postbank AG	14,003	1,350,758
	Deutsche Telekom AG	2,621,866	44,001,540
#	Deutsche Telekom AG Sponsored ADR	2,860,650	47,887,281

	E.ON AG	622,579	132,091,618
	E.ON AG Sponsored ADR	1,091,708	77,144,891
#	Fraport AG	33,126	2,202,878
#	Hannover Rueckversicherung AG	110,141	6,060,075
#	Hypo Real Estate Holding AG	84,277	2,761,557
*	Infineon Technologies AG	1,247,436	11,255,801
*	Infineon Technologies AG ADR	98,600	892,330
#	Lanxess AG	44,897	2,024,289
#	Linde AG	137,956	20,645,992
	Munchener Rueckversicherungs-Gesellschaft AG	400,549	75,043,050
#	Salzgitter AG	24,135	4,741,899
	SCA Hygiene Products AG	3,195	1,650,624
#	Suedzucker AG	102,666	2,313,289
	ThyssenKrupp AG	507,012	34,156,295
#	TUI AG	329,789	8,734,234
#	Volkswagen AG	368,652	101,441,661

TOTAL — GERMANY			1,065,929,476

GREECE — (0.2%)
COMMON STOCKS — (0.2%)
	Agricultural Bank of Greece S.A.	350,994	1,385,720
	Alpha Bank A.E.	55,805	1,911,276
	EFG Eurobank Ergasias S.A.	60,000	1,706,960
	Hellenic Petroleum S.A.	598,147	9,710,958
	National Bank of Greece S.A. ADR	345,530	3,901,041

TOTAL — GREECE			18,615,955

HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
#	Cathay Pacific Airways, Ltd.	1,979,000	4,162,537
	Cheung Kong Holdings, Ltd.	3,320,000	51,127,991
	Cheung Kong Infrastructure Holdings, Ltd.	610,000	2,469,167
*	CITIC International Financial Holdings, Ltd.	1,425,000	1,069,932
	Dah Sing Banking Group, Ltd.	304,000	643,601
	Dah Sing Financial Holdings, Ltd.	194,400	1,658,628
	Great Eagle Holdings, Ltd.	513,745	1,694,177
	Hang Lung Group, Ltd.	2,267,000	11,685,705
	Henderson Land Development Co., Ltd.	1,910,000	13,293,297
	Hong Kong and Shanghai Hotels, Ltd.	1,137,066	1,981,480
	Hopewell Holdings, Ltd.	1,455,000	6,167,078
	Hutchison Whampoa, Ltd.	5,108,000	55,252,145
	Hysan Development Co., Ltd.	1,973,191	5,632,708
	Kingboard Chemical Holdings, Ltd.	450,000	2,085,619
#	Melco International Development, Ltd.	875,000	1,100,843
	MTR Corp., Ltd.	3,322,040	11,208,123
#	New World China Land, Ltd.	1,963,600	1,340,437
	New World Development Co., Ltd.	4,023,549	10,129,638
	Sino Land Co., Ltd.	2,559,315	6,531,255
	Sun Hung Kai Properties, Ltd.	2,603,000	41,920,651
	Wharf Holdings, Ltd.	3,613,740	18,091,385
	Wheelock and Co., Ltd.	3,774,000	11,883,254
	Wheelock Properties, Ltd.	1,565,000	1,583,953

TOTAL — HONG KONG			262,713,604

IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
	Allied Irish Banks P.L.C. (0019783)	932,956	18,735,951
*	Allied Irish Banks P.L.C. (4020684)	60,000	1,195,663
	Allied Irish Banks P.L.C. Sponsored ADR	391,037	15,766,612
	Bank of Ireland P.L.C.	1,247,876	15,859,762
#	Bank of Ireland P.L.C. Sponsored ADR	8,000	404,320
	Irish Life & Permanent P.L.C.	740,650	12,976,806

TOTAL — IRELAND			64,939,114

ITALY — (2.2%)
COMMON STOCKS — (2.2%)
#	Banca Monte Dei Paschi di Siena SpA	2,567,238	8,191,921
#	Banca Popolare di Milano Scarl	1,011,678	11,127,935
	Banco Popolare Scarl	227,880	4,573,264
	Buzzi Unicem SpA	163,259	4,795,019
#	Fondiaria - Sai SpA	167,605	6,354,322
#	Intesa Sanpaolo SpA	2,911,755	19,105,947
#	Italcementi SpA	324,346	6,557,405
#	Italmobiliare SpA	29,210	2,885,115
	Milano Assicurazioni SpA	182,000	1,145,253
#	Pirelli & Co. SpA	6,030,909	5,009,166
#	Telecom Italia SpA	1,211,763	2,665,838
	Telecom Italia SpA Sponsored ADR	1,853,000	40,728,940
#	UniCredito Italiano SpA	10,390,107	72,685,576
#	Unione di Banche Italiane Scpa	962,044	24,796,161
#	Unipol Gruppo Finanziario SpA	1,822,774	4,869,221

TOTAL — ITALY			215,491,083

JAPAN — (11.0%)
COMMON STOCKS — (11.0%)
	AEON Co., Ltd.	171,700	2,467,721
	Aioi Insurance Co., Ltd.	1,277,735	7,968,462
	Ajinomoto Co., Inc.	1,163,000	11,314,731
	Alps Electric Co., Ltd.	263,100	2,880,592
	Amada Co., Ltd.	631,000	5,776,116
	Aoyama Trading Co., Ltd.	105,500	2,113,166
#	Asatsu-Dk, Inc.	32,500	934,861
	Bridgestone Corp.	895,500	15,285,599
	Calsonic Kansei Corp.	190,000	797,263
	Canon Marketing Japan, Inc.	124,900	2,412,326
	Chudenko Corp.	41,100	712,613
	Chuo Mitsui Trust Holdings, Inc.	637,000	4,535,951
	Citizen Holdings Co., Ltd.	415,800	3,522,801
#	Coca-Cola West Japan Co., Ltd.	76,700	1,838,271
	Comsys Holdings Corp.	149,000	1,264,524

	Cosmo Oil Co., Ltd.	980,000		3,894,928
	CSK Holdings Corp.	100,600		2,277,699
	Dai Nippon Printing Co., Ltd.	1,125,000		17,225,360
#	Dai Nippon Sumitomo Pharma Co., Ltd.	321,000		2,725,317
	Daicel Chemical Industries, Ltd.	485,000		3,029,954
	Daiwa House Industry Co., Ltd.	943,000		11,573,454
#	Ebara Corp.	253,000		852,323
#	Edion Corp.	53,900		487,476
*	Elpida Memory, Inc.	112,900		4,171,905
#	Ezaki Glico Co., Ltd.	49,600		531,669
	Fuji Electric Holdings Co., Ltd.	781,780		3,448,919
	Fuji Heavy Industries, Ltd.	1,017,000		4,768,083
	FUJIFILM Holdings Corp.	1,109,400		41,111,035
	Fujikura, Ltd.	609,000		2,722,872
	Fukuoka Financial Group, Inc.	1,368,000		6,805,927
#	Funai Electric Co., Ltd.	33,900		1,236,131
	Furukawa Electric Co., Ltd.	700,000	��	2,777,608
	Futaba Industrial Co., Ltd.	85,600		2,160,742
	Glory, Ltd.	75,400		1,773,001
	Gunze, Ltd.	248,000		1,244,904
	H20 Retailing Corp.	198,000		1,473,627
	Hakuhodo Dy Holdings, Inc.	12,670		731,103
	Hankyu Hanshin Holdings, Inc.	2,126,000		9,216,084
	Heiwa Corp.	81,500		892,982
	Hino Motors, Ltd.	217,000		1,451,754
	Hitachi Cable, Ltd.	364,000		1,414,029
	Hitachi Transport System, Ltd.	111,000		1,381,980
	Hitachi, Ltd.	6,815,000		49,087,511
	Hitachi, Ltd. Sponsored ADR	140,900		10,150,436
	House Foods Corp.	117,000		1,890,278
*	Idemitsu Kosan Co., Ltd.	8,900		956,390
	INPEX Holdings, Inc.	1		3,025
	JS Group Corp.	564,600		9,626,725
	Juroku Bank, Ltd.	400,000		2,235,626
	Kajima Corp.	1,436,000		5,864,007
	Kamigumi Co., Ltd.	488,000		3,872,480
#	Kandenko Co., Ltd.	129,000		850,710
	Kaneka Corp.	560,000		4,077,684
	Kansai Paint Co., Ltd.	111,000		810,048
	Kinden Corp.	240,000		2,403,351
#	Kissei Pharmaceutical Co., Ltd.	41,000		919,594
	Komori Corp.	101,100		1,980,379
	Kuraray Co., Ltd.	107,000		1,351,566
	Kyocera Corp.	338,100		32,581,227
	Kyocera Corp. Sponsored ADR	13,600		1,314,576
	Mabuchi Motor Co., Ltd.	36,300		1,949,789
	MARUI GROUP CO., Ltd.	498,500		4,138,896
	Matsushita Electric Industrial Co., Ltd.	1,961,135		44,537,378
	Matsushita Electric Works, Ltd.	634,000		6,981,367
	Mazda Motor Corp.	440,000		2,297,330
	Meiji Dairies Corp.	88,000		480,003
#	Meiji Seika Kaisha, Ltd.	408,000		1,779,829

	Millea Holdings, Inc.	1,629,300	67,268,372
	Mitsubishi Heavy Industries, Ltd.	6,202,000	31,291,867
#	Mitsubishi Logistics Corp.	146,000	1,798,720
	Mitsubishi Rayon Co., Ltd.	1,012,000	3,659,556
	Mitsubishi UFJ Financial Group, Inc. ADR	882,500	8,957,375
	Mitsui Chemicals, Inc.	1,281,800	7,362,018
	Mitsui Mining and Smelting Co., Ltd.	915,000	3,073,018
*	Mitsui Sumitomo Insurance Group Holdings, Inc.	776,100	30,552,049
	Musashino Bank, Ltd.	37,500	1,733,176
	Nagase & Co., Ltd.	196,000	2,348,500
	NEC Corp.	3,346,000	17,794,328
	NEC Corp. Sponsored ADR	1,181,101	6,265,505
# *	NEC Electronics Corp.	60,800	1,425,773
#	NGK Spark Plug Co., Ltd.	254,000	3,161,552
	Nippon Express Co., Ltd.	1,403,000	7,056,865
#	Nippon Kayaku Co., Ltd.	128,000	853,857
	Nippon Meat Packers, Inc.	326,000	4,300,107
	Nippon Mining Holdings, Inc.	1,783,000	11,188,632
	Nippon Mitsubishi Oil Corp.	2,813,050	20,360,119
	Nippon Paper Group, Inc.	1,609	4,589,348
	Nippon Sheet Glass Co., Ltd.	1,039,000	4,682,163
	Nippon Shokubai Co., Ltd.	231,000	1,836,843
	Nippon Suisan Kaisha, Ltd.	254,000	1,183,269
	Nippon Television Network Corp.	9,400	1,211,173
	Nipponkoa Insurance Co., Ltd.	873,000	8,195,239
	Nipro Corp.	42,000	735,989
	Nishi-Nippon Bank, Ltd.	1,123,000	3,710,310
	Nishi-Nippon Railroad Co., Ltd.	78,000	272,829
	Nissan Motor Co., Ltd.	2,228,600	19,797,713
	Nissay Dowa General Insurance Co., Ltd.	383,000	2,308,449
	Nisshin Seifun Group, Inc.	335,500	3,993,234
	Nisshin Steel Co., Ltd.	1,226,000	4,744,410
	Nisshinbo Industries, Inc.	305,000	3,948,975
	Obayashi Corp.	973,000	4,966,606
	Oji Paper Co., Ltd.	1,808,000	8,776,362
	Ono Pharmaceutical Co., Ltd.	25,600	1,474,479
	Onward Holdings Co., Ltd.	251,000	2,908,810
	Pioneer Electronic Corp.	272,600	2,362,422
#	Q.P. Corp.	156,800	1,455,447
#	Rengo Co., Ltd.	384,000	2,616,960
	RICOH COMPANY, Ltd.	802,000	14,768,828
	Rinnai Corp.	45,200	1,633,284
	Rohm Co., Ltd.	139,700	9,159,736
	Sanwa Holdings Corp.	238,000	948,014
	Sapporo Hokuyo Holdings, Inc.	428	3,335,582
#	Sega Sammy Holdings, Inc.	373,300	3,838,596
	Seiko Epson Corp.	257,000	6,283,408
	Seino Holdings Co., Ltd.	295,000	1,752,772
	Sekisui Chemical Co., Ltd.	689,000	5,057,148
	Sekisui House, Ltd.	1,164,000	12,328,647
	Shiga Bank, Ltd.	301,000	1,985,175
	Shimachu Co., Ltd.	70,700	1,824,451

	Shimizu Corp.	1,131,000	5,734,104
	Shinko Securities Co., Ltd.	819,000	2,946,748
	Shinsei Bank, Ltd.	394,000	1,555,744
	Shizuoka Bank, Ltd.	971,000	10,920,552
	Showa Shell Sekiyu K.K.	36,200	396,448
#	Sohgo Security Services Co., Ltd.	101,300	1,384,470
	Sojitz Corp.	1,875,200	7,156,041
	Sompo Japan Insurance, Inc.	1,937,000	20,942,225
	Sony Corp.	679,600	34,211,467
	Sony Corp. Sponsored ADR	260,616	13,132,440
	Sumitomo Bakelite Co., Ltd.	347,000	2,113,657
	Sumitomo Corp.	586,100	8,658,040
	Sumitomo Electric Industries, Ltd.	1,130,100	14,586,367
	Sumitomo Forestry Co., Ltd.	158,000	1,292,172
	Sumitomo Rubber Industries, Ltd.	256,500	2,116,782
	Sumitomo Trust & Banking Co., Ltd.	2,856,000	24,375,425
	Suzuken Co., Ltd.	25,000	955,389
	Taiheiyo Cement Corp.	1,638,800	3,871,532
	Taisei Corp.	1,740,000	5,037,256
	Taisho Pharmaceutical Co., Ltd.	234,000	4,381,168
	Taiyo Yuden Co., Ltd.	184,000	2,259,399
	TDK Corp.	105,700	7,262,534
	Teijin, Ltd.	1,881,000	7,086,668
	The 77 Bank, Ltd.	494,000	3,117,766
	The Awa Bank, Ltd.	246,600	1,527,965
	The Bank of Iwate, Ltd.	19,600	1,255,440
	The Bank of Kyoto, Ltd.	363,400	4,387,665
	The Bank of Nagoya, Ltd.	213,000	1,443,579
	The Chiba Bank, Ltd.	847,000	6,351,926
	The Chugoku Bank, Ltd.	247,800	3,882,426
	The Daishi Bank, Ltd.	427,000	1,859,833
	The Fuji Fire & Marine Insurance Co., Ltd.	297,000	935,819
	The Gunma Bank, Ltd.	529,000	3,800,397
	The Hachijuni Bank, Ltd.	695,000	4,815,789
	The Higo Bank, Ltd.	278,000	1,846,794
	The Hiroshima Bank, Ltd.	719,000	3,698,836
	The Hokkoku Bank, Ltd.	394,000	1,641,356
	The Hyakugo Bank, Ltd.	303,000	2,004,250
	The Hyakujishi Bank, Ltd.	329,000	2,054,640
	The Iyo Bank, Ltd.	350,000	4,367,776
	The Joyo Bank, Ltd.	1,554,000	8,850,447
	The Kagoshima Bank, Ltd.	273,000	2,331,694
	The Keiyo Bank, Ltd.	317,000	2,141,939
	The Nanto Bank, Ltd.	317,000	2,016,336
	The Ogaki Kyoritsu Bank, Ltd.	334,000	1,886,007
	The San-in Godo Bank, Ltd.	241,000	2,243,655
#	Toda Corp.	385,000	1,622,504
	Tokai Tokyo Securities Co., Ltd.	155,000	691,782
	Tokyo Steel Manufacturing Co., Ltd.	186,800	2,586,498
	Toppan Forms Co., Ltd.	48,500	553,988
	Toppan Printing Co., Ltd.	1,188,000	13,688,135
#	Toshiba TEC Corp.	181,000	1,280,037

	Toyo Ink Manufacturing Co., Ltd.	213,000	816,736
	Toyo Seikan Kaisha, Ltd.	344,700	6,789,029
	Toyo Suisan Kaisha, Ltd.	64,000	1,379,039
	Toyobo Co., Ltd.	743,000	1,501,609
	Toyota Auto Body Co., Ltd.	105,100	2,164,526
	TV Asahi Corp.	931	1,439,897
	UNY Co., Ltd.	309,000	3,247,530
#	Wacoal Corp.	135,000	1,757,938
	Yamaguchi Financial Group, Inc.	313,000	4,568,767
	Yamaha Corp.	285,400	5,674,989
	Yamaha Motor Co., Ltd.	224,400	4,568,915
	Yamanashi Chuo Bank, Ltd.	241,000	1,452,471
#	Yamazaki Baking Co., Ltd.	155,000	1,639,072
	Yokogawa Electric Corp.	19,800	187,684
	Yokohama Rubber Co., Ltd.	410,000	2,003,391

TOTAL — JAPAN			1,076,937,628

MALAYSIA — (0.0%)
COMMON STOCKS — (0.0%)
*	Rekapacific Berhad	691,000	—

NETHERLANDS — (5.6%)
COMMON STOCKS — (5.6%)
	Aegon NV	3,298,073	50,316,314
#	ArcelorMittal	1,799,437	178,598,104
	Heineken Holding NV	74,614	3,857,981
	ING Groep NV	3,203,383	122,320,179
	ING Groep NV Sponsored ADR	538,200	20,570,004
	Koninklijke Ahold NV	1,358,233	20,310,922
	Koninklijke DSM NV	397,767	24,365,789
	Koninklijke Philips Electronics NV	3,067,255	117,828,474
	Koninklijke Philips Electronics NV ADR	133,700	5,138,091
	SNS Reaal	194,551	4,474,232
TOTAL COMMON STOCKS			547,780,090

RIGHTS/WARRANTS — (0.0%)
*	Aegon NV Coupons	3,298,073	—

TOTAL — NETHERLANDS			547,780,090

NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
	Air New Zealand, Ltd.	962,129	875,397
	Contact Energy, Ltd.	1,423,493	10,578,482
	Fletcher Building, Ltd.	594,072	3,726,225

TOTAL — NEW ZEALAND			15,180,104

NORWAY — (1.0%)
COMMON STOCKS — (1.0%)
	DNB Nor ASA Series A	2,582,094	37,085,956
	Norsk Hydro ASA	729,414	11,581,975
#	Norsk Hydro ASA Sponsored ADR	59,900	950,925
	Orkla ASA	2,780,950	39,995,014
	Storebrand ASA	713,900	6,797,490
	Wilh. Wilhelmsen ASA	11,850	441,344

TOTAL — NORWAY			96,852,704

PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
#	Banco BPI SA	232,343	1,138,179
#	Banco Comercial Portugues SA	2,008,205	5,105,654
	Banco Espirito Santo SA	320,446	5,774,582
#	Cimpor Cimentos de Portugal SA	69,009	626,928
TOTAL COMMON STOCKS			12,645,343

RIGHTS/WARRANTS — (0.0%)
*	Banco BPI SA Rights 06/11/08	232,343	41,569

TOTAL — PORTUGAL			12,686,912

SINGAPORE — (1.2%)
COMMON STOCKS — (1.2%)
	Allgreen Properties, Ltd.	831,000	600,434
# *	Chartered Semiconductor Manufacturing, Ltd.	1,416,000	892,406
# *	Chartered Semiconductor Manufacturing, Ltd. Sponsored ADR	67,987	431,038
	DBS Group Holdings, Ltd.	3,365,500	48,176,499
	Fraser & Neave, Ltd.	2,421,450	8,790,414
	Jardine Cycle & Carriage, Ltd.	174,810	2,103,371
#	Neptune Orient Lines, Ltd.	609,000	1,818,865
	Overseas Chinese Banking Corp., Ltd.	3,178,000	20,240,869
	Singapore Airlines, Ltd.	1,489,600	17,390,099
	Singapore Land, Ltd.	687,000	3,161,312
	United Industrial Corp., Ltd.	1,391,000	3,038,820
	United Overseas Bank, Ltd.	543,000	8,041,545
	UOL Group, Ltd.	1,740,600	5,004,997
#	Wheelock Properties, Ltd.	605,000	966,965

TOTAL — SINGAPORE			120,657,634

SPAIN — (4.7%)
COMMON STOCKS — (4.7%)
#	Abertis Infraestructuras SA	81,400	2,589,690
	Acciona SA	50,116	14,241,211
#	Acerinox SA	629,295	16,655,821
	Banco Bilbao-Vizcaya Argentaria SA Sponsored ADR	391,100	8,725,441
#	Banco de Sabadell SA	2,504,343	25,316,365
#	Banco Espanol de Credito SA	363,460	6,354,048
#	Banco Pastor SA	320,162	4,696,389

#	Banco Popular Espanol SA	481,719	7,773,090
	Banco Santander Central Hispano SA	7,329,732	152,898,519
#	Banco Santander SA Sponsored ADR	3,044,700	63,634,230
#	Bankinter SA	210,353	3,056,190
	Cementos Portland Valderrivas SA	8,824	833,386
	Gas Natural SDG SA	218,361	12,632,367
	Grupo Catalana Occidente SA	125,781	4,012,752
#	Grupo Ferrovial SA	242,463	19,070,795
#	Iberia Lineas Aereas de Espana SA	617,500	2,024,713
	Mapfre SA	732,775	3,967,054
	Repsol YPF SA	1,537,866	63,589,565
#	Repsol YPF SA Sponsored ADR	1,285,700	53,279,408

TOTAL — SPAIN			465,351,034

SWEDEN — (2.3%)
COMMON STOCKS — (2.3%)
	Boliden AB	497,200	5,622,028
#	Electrolux AB Series B	467,600	6,756,688
	Holmen AB Series A	6,300	236,867
#	Holmen AB Series B	150,400	5,131,032
	Nordea Bank AB	4,374,518	71,164,594
	Skandinaviska Enskilda Banken AB Series A	743,500	16,877,820
	Skandinaviska Enskilda Banken AB Series C	9,800	206,893
	SSAB Svenskt Stal AB Series A	271,300	9,419,338
	SSAB Svenskt Stal AB Series B	131,700	4,122,601
#	Svenska Cellulosa AB	57,000	922,208
	Svenska Cellulosa AB Series B	1,308,500	21,010,781
	Svenska Handelsbanken AB Series A	762,000	21,236,051
#	Swedbank AB Series A	349,300	8,641,290
	Tele2 AB Series B	490,700	10,499,823
#	Telefonaktiebolaget LM Erricson Sponsored ADR	38,400	1,038,336
	TeliaSonera AB	3,903,500	35,481,980
	Volvo AB Series A	308,100	4,719,214

TOTAL — SWEDEN			223,087,544

SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
#	Adecco SA	234,003	13,356,030
	Baloise-Holding AG	206,141	23,467,594
	Banque Cantonale Vaudoise	9,461	3,411,157
	Ciba Specialty Chemicals AG	131,616	4,344,461
	Compagnie Financiere Richemont AG Series A	1,125,900	70,175,714
	Credit Suisse Group AG	1,826,488	93,023,052
	Credit Suisse Group AG Sponsored ADR	591,859	30,119,704
	Givaudan SA	13,960	13,539,806
	Holcim, Ltd.	448,025	41,886,937
	Julius Baer Holdings, Ltd. AG	38,097	3,121,339
	Novartis AG ADR	127,900	6,695,565
	PSP Swiss Property AG	98,640	6,087,600
	St. Galler Kantonalbank	9,132	4,254,410

	Sulzer AG	15,000	2,018,983
	Swiss Life Holding AG	127,247	35,813,213
	Swiss Re	747,678	58,112,769
	Syngenta AG	143,759	44,007,223
	Syngenta AG ADR	241,589	14,806,990
*	UBS AG	793,947	19,121,530
	Vontobel Holdings AG	10,000	388,928
	Zurich Financial SVCS AG	309,213	90,748,689
TOTAL COMMON STOCKS			578,501,694

RIGHTS/WARRANTS — (0.0%)
*	UBS AG Rights 06/12/08 (B2QTJ29)	793,947	1,234,055
*	UBS AG Rights 06/12/08 (B39J7K7)	793,947	1,058,850
TOTAL RIGHTS/WARRANTS			2,292,905

TOTAL — SWITZERLAND			580,794,599

UNITED KINGDOM — (17.5%)
COMMON STOCKS — (17.4%)
#	Alliance & Leicester P.L.C.	448,296	3,781,992
	Anglo American P.L.C.	1,902,303	129,625,102
	Arriva P.L.C.	105,930	1,344,005
	Associated British Foods P.L.C.	1,320,465	22,542,395
	Aviva P.L.C.	6,768,276	84,583,541
#	Barclays P.L.C. Sponsored ADR	2,263,390	67,743,263
	British Airways P.L.C.	2,481,713	11,446,234
	Cable and Wireless P.L.C.	3,342,769	10,888,861
	Carnival P.L.C.	613,906	23,392,118
#	Carnival P.L.C. ADR	218,000	8,421,340
	Compass Group P.L.C.	1,586,431	11,799,282
	DSG International P.L.C.	2,744,891	3,167,023
*	easyJet P.L.C.	708,463	4,233,716
	Enterprise Inns P.L.C.	1,212,242	11,221,407
	Friends Provident P.L.C.	4,365,221	10,475,312
	GKN P.L.C.	2,078,332	11,998,109
	HBOS P.L.C.	8,458,158	67,075,693
#	HSBC Holdings P.L.C. Sponsored ADR	2,241,143	188,726,652
	International Power P.L.C.	2,272,744	20,026,272
	ITV P.L.C.	11,443,244	13,354,856
	Kingfisher P.L.C.	7,751,726	21,122,090
	Ladbrokes P.L.C.	1,091,195	6,786,666
	Legal and General Group P.L.C.	14,896,697	35,380,070
	Meggitt P.L.C.	2,126,563	10,263,747
	Mitchells & Butlers P.L.C.	718,888	4,635,494
	Mondi P.L.C.	1,134,110	8,097,433
	Old Mutual P.L.C.	7,500,690	17,391,158
	Pearson P.L.C.	901,901	12,200,225
	Pearson P.L.C. Sponsored ADR	1,763,809	23,864,336
	Persimmon P.L.C.	1,004,312	9,589,556
	Punch Taverns P.L.C.	592,747	6,519,493
	Rexam P.L.C.	2,273,561	19,966,744

	Royal Bank of Scotland Group P.L.C.	26,156,343	118,550,555
	Royal Dutch Shell P.L.C. ADR	1,052,345	88,112,847
	RSA Insurance Group P.L.C.	13,325,551	36,235,575
	Sainsbury (J.) P.L.C.	4,948,615	34,195,441
	Schroders P.L.C.	123,678	2,575,703
	Schroders P.L.C. Non-Voting	63,155	1,141,523
	Taylor Wimpey P.L.C.	3,248,929	5,481,183
	The Berkeley Group Holdings P.L.C.	205,922	3,313,801
	Thomas Cook Group P.L.C.	1,606,317	7,886,289
	Tomkins P.L.C. Sponsored ADR	325,800	4,688,262
	Vodafone Group P.L.C.	60,811,202	195,272,492
	Vodafone Group P.L.C. Sponsored ADR	6,145,818	197,219,300
	Whitbread P.L.C.	509,558	12,950,424
	William Morrison Supermarkets P.L.C.	6,201,007	35,980,614
	WPP Group P.L.C.	1,301,269	15,767,938
	WPP Group P.L.C. Sponsored ADR	24,445	1,482,589
	Xstrata P.L.C.	827,417	65,472,658
	Yell Group P.L.C.	500,000	1,250,761
TOTAL COMMON STOCKS			1,709,242,140

RIGHTS/WARRANTS — (0.1%)
*	Royal Bank of Scotland Group P.L.C. Rights 06/06/08	15,984,431	8,865,815

TOTAL — UNITED KINGDOM			1,718,107,955

		Face
		Amount		Value †
		(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
	Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $11,465,000 FNMA 5.50%, 02/25/36, valued at $9,022,176) to be repurchased at $8,887,437	$	8,886	8,886,000

SECURITIES LENDING COLLATERAL — (11.2%)
@	Repurchase Agreement, Barclays Capital Inc. 2.30%, 06/02/08 (Collateralized by $592,523,000 FHLMC 4.230%, 05/07/13 & 4.500%, 04/02/14 & FNMA 4.090%, 05/07/13, valued at $602,047,341) to be repurchased at $590,355,087	590,242		590,241,957
@	Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $238,681,207 FHLMC, rates ranging from 4.500% to 7.000%, maturities ranging from 05/01/22 to 02/01/38 & FNMA, rates ranging from 5.010%(r) to 6.109%(r), maturities ranging from 08/01/12 to 11/01/36, valued at $168,249,256) to be repurchased at $164,982,554	164,950		164,950,251
@	Repurchase Agreement, Greenwich Capital Markets 2.33%, 06/02/08 (Collateralized by $369,731,679 FNMA, rates ranging from 5.000% to 5.500%, maturities ranging from 01/01/34 to 05/01/38, valued at $354,604,951) to be repurchased at $347,715,754	347,648		347,648,252
TOTAL SECURITIES LENDING COLLATERAL				1,102,840,460

TOTAL INVESTMENTS - (100.0%) (Cost $8,220,441,858)				$	9,796,993,686

See accompanying Notes to Financial Statements.

THE EMERGING MARKETS SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008

(Unaudited)

		Shares	Value ††

ARGENTINA — (0.4%)
COMMON STOCKS — (0.4%)
*	Alpargatas S.A.I.C.	1,078	$	1,568
	Alto Palermo SA Series A	5,000	18,186
	BBVA Banco Frances SA	399,900	810,746
*	Capex SA Series A	158,679	406,518
*	Celulosa Argentina SA Series B	24,922	34,683
*	Central Puerto SA Series B	16,000	30,920
*	Endesa Costanera SA Series B	114,100	141,825
*	Gas Natural Ban SA	345,000	223,691
*	IRSA Inversiones y Representaciones SA	657,649	894,412
*	Juan Minetti SA	353,151	213,338
	Ledesma S.A.A.I.	242,632	397,515
*	MetroGas SA Series B	543,115	211,287
*	Molinos Rio de la Plata SA Series B	596,060	2,073,757
*	Petrobras Energia Participacio	139,720	200,185
	Siderar S.A.I.C. Series A	649,191	6,057,170
	Solvay Indupa S.A.I.C.	555,366	971,359
	Transportadora de Gas del Sur SA Series B	445,280	374,619

TOTAL — ARGENTINA			13,061,779

BRAZIL — (11.6%)
COMMON STOCKS — (2.9%)
	Brasil Telecom Participacoes SA	59,520	1,910,202
	Companhia de Bebidas das Americas	90,424	5,831,834
	Companhia de Concessoes Radoviarias	157,300	3,163,408
	Companhia Siderurgica Nacional SA	502,476	24,498,215
	Companhia Vale do Rio Doce ADR	281,000	11,178,180
	CPFL Energia SA	1,935	45,434
	Empresa Brasileira de Aeronautica SA	557,321	5,239,126
	Petroleo Brasilerio SA ADR (71654V101)	363,200	21,951,808
	Petroleo Brasilerio SA ADR (71654V408)	265,800	18,738,900
	Souza Cruz SA	95,874	2,954,912
	Tele Norte Leste Participacoes SA	59,254	1,890,736
	Tractebel Energia SA	164,900	2,423,062
*	Vivo Participacoes SA	64,140	477,156
	Weg SA	310,566	4,114,785
TOTAL COMMON STOCKS			104,417,758

PREFERRED STOCKS — (8.7%)
	Aracruz Celulose SA Series B	102,635	918,762
#	Aracruz Celulose SA Sponsored ADR	48,400	4,391,816

	Banci Itau Holding Financeira SA	1,205,700	37,064,248
	Banco Bradesco SA	1,763,841	42,531,721
	Brasil Telecom Participacoes SA	222,326	3,670,122
	Brasil Telecom Participacoes SA ADR	12,100	994,983
	Brasil Telecom SA	234,762	2,867,950
	Companhia Brasileira de Distribuicao Grupo Pao de Acucar	88,100	2,109,200
	Companhia de Bebidas das Americas	83	5,787
#	Companhia de Bebidas das Americas Preferred ADR	382,700	26,280,009
	Companhia Energetica de Minas Gerais	327,796	7,664,376
#	Companhia Energetica de Minas Gerais SA Sponsored ADR	22,240	525,754
	Companhia Vale do Rio Doce Series A	2,323,591	77,457,795
	Companhia Vale do Rio Doce Series B	81,160	—
	Companhia Vale do Rio Doce Sponsored ADR	341,600	11,248,888
*	Empresa Nasional de Comercio Redito e Participacoes SA	480	9,739
	Gerdau SA	378,134	19,035,728
	Klabin SA	412,875	1,632,208
	Lojas Americanas SA	100,000	802,336
	Metalurgica Gerdau SA	148,275	10,255,725
	Tele Norte Leste Participacoes SA	180,034	4,693,170
	Tele Norte Leste Participacoes SA ADR	137,000	3,545,560
	Telecomunicacoes de Sao Paulo SA	247,800	6,951,807
	Telemar Norte Leste SA	63,412	3,742,341
	Tim Participacoes SA ADR	109,680	3,340,853
	Unibanco-Uniao de Bancos Brasileiros SA	40,000	269,290
	Unibanco-Uniao de Bancos Brasileiros SA ADR	46,000	7,216,020
	Unibanco-Uniao de Bancos Brasileiros Units SA	878,094	13,685,634
	Usinas Siderurgicas de Minas Gerais SA Series A	337,962	18,181,171
	Usinas Siderurgicas de Minas Gerais SA Series B	730	41,762
*	Vivo Participacoes SA	531,418	3,678,922
* #	Vivo Participacoes SA ADR	110,000	771,100
	Votorantim Celulose e Papel SA	71,336	2,411,784
TOTAL PREFERRED STOCKS			317,996,561

RIGHTS/WARRANTS — (0.0%)
*	Companhia Brasileira Rights 05/09/08	2,975	6,365
*	Vivo Participacoes SA Rights 06/27/08 (B39M2F6)	11,818	—
*	Vivo Participacoes SA Rights 06/27/08 (B39M2G7)	1,425	657
TOTAL RIGHTS/WARRANTS			7,022

TOTAL — BRAZIL			422,421,341

CHILE — (3.2%)
COMMON STOCKS — (3.2%)
#	Banco de Chile Series F ADR	52,395	2,644,900
	Banco de Credito e Inversiones SA Series A	21,794	644,135
	Banco Santander Chile SA ADR	295,998	15,391,896
	CAP SA	116,535	3,892,989
*	Colbun SA	9,359,730	1,967,988
	Compania Cervecerias Unidas SA ADR	115,400	4,101,316
	Compania General de Electricidad SA	28,230	202,707
	Compania SudAmericana de Vapores SA	557,551	899,369

	Compania Telecomunicaciones de Chile SA Sponsored ADR	421,400	2,844,450
	CorpBanca SA	69,972,500	429,200
#	Distribucion y Servicio D&S SA ADR	208,828	4,604,657
	Embotelladora Andina SA Series A ADR	109,600	1,748,120
	Embotelladora Andina SA Series B ADR	89,100	1,585,980
	Empresa Nacional de Electricidad SA Sponsored ADR	514,018	26,189,217
	Empresa Nacional de Telecomunicaciones SA	113,317	1,733,306
	Empresas CMPC SA	46,072	1,615,804
	Empresas Copec SA	298,855	4,528,389
	Enersis SA Sponsored ADR	424,303	8,066,000
#	Lan Airlines SA Sponsored ADR	629,500	7,642,130
	Madeco SA Sponsored ADR	4,450	50,330
	Masisa SA	1,927,650	445,312
	S.A.C.I. Falabella SA	480,511	2,570,326
#	Sociedad Quimica y Minera de Chile SA Sponsored ADR	613,000	20,866,520
#	Vina de Concha y Toro SA Sponsored ADR	67,750	2,567,725
TOTAL COMMON STOCKS			117,232,766

RIGHTS/WARRANTS — (0.0%)
*	Colbun SA Rights 06/25/08	1,703,043	110,949

TOTAL — CHILE			117,343,715

CHINA — (8.0%)
COMMON STOCKS — (8.0%)
#	Air China, Ltd.	1,798,000	1,344,981
	Aluminum Corp. of China, Ltd.	28,000	49,004
#	Aluminum Corp. of China, Ltd. ADR	100,300	4,388,125
	Angang Steel Co., Ltd.	679,640	1,834,702
* #	Anhui Conch Cement Co., Ltd.	292,000	2,623,605
* #	Bank of China, Ltd.	18,151,000	9,275,772
	Bank of Communications Co., Ltd.	4,637,000	6,091,258
#	Beijing Capital International Airport Co., Ltd.	866,000	890,953
	Beijing Enterprises Holdings, Ltd.	259,500	960,040
#	Byd Co., Ltd.	272,900	432,112
	China Construction Bank Corp.	20,375,000	18,191,369
	China COSCO Holdings Co., Ltd.	2,040,000	5,957,034
#	China Everbright, Ltd.	348,600	838,129
	China Insurance International Holdings Co., Ltd.	253,000	720,943
*	China Life Insurance Co., Ltd.	9,000	36,174
* #	China Life Insurance Co., Ltd. ADR	337,222	20,351,348
	China Mengniu Dairy Co., Ltd.	596,000	1,869,761
	China Merchants Holdings (International) Co., Ltd.	746,000	3,224,368
	China Mobile, Ltd.	4,500	66,204
	China Mobile, Ltd. Sponsored ADR	564,277	41,638,000
	China National Building Material Co., Ltd.	512,000	1,243,461
#	China Netcom Group Corp (Hong Kong), Ltd. Sponsored ADR	60,281	3,740,436
*	China Oilfield Services, Ltd.	1,002,000	1,952,759
	China Petroleum and Chemical Corp. (Sinopec)	46,000	46,464
#	China Petroleum and Chemical Corp. (Sinopec) ADR	135,220	13,639,641
	China Resources Enterprise, Ltd.	782,000	2,596,159

	China Resources Power Holdings Co., Ltd.	956,000	2,658,538
	China Shenhua Energy Co., Ltd.	2,528,000	11,307,639
#	China Shipping Container Lines Co., Ltd.	2,280,550	1,133,178
	China Shipping Development Co., Ltd.	894,000	3,040,865
* #	China Southern Airlines Co., Ltd. ADR	15,500	497,240
#	China Telecom Corp., Ltd. ADR	114,039	7,744,263
	China Travel International Investment Hong Kong, Ltd.	1,382,000	557,110
	China Unicom, Ltd. ADR	279,022	6,358,911
	Citic Pacific, Ltd.	731,000	3,142,155
	CNOOC, Ltd.	45,000	79,676
#	CNOOC, Ltd. ADR	128,476	22,777,510
	COSCO Pacific, Ltd.	628,000	1,191,359
	Datang International Power Generation Co., Ltd.	2,216,000	1,614,229
	Denway Motors, Ltd.	2,694,000	1,262,844
#	Dongfang Electric Co., Ltd.	94,000	325,807
	Dongfeng Motor Corp.	1,576,000	789,352
* #	Genting International P.L.C.	560,350	251,139
#	GOME Electrical Appliances Holdings, Ltd.	3,928,000	2,395,889
	Guangdong Investment, Ltd.	1,182,000	550,666
#	Guangshen Railway Co., Ltd. Sponsored ADR	15,988	404,816
#	Guangzhou R&F Properties Co., Ltd.	627,200	1,519,474
	Guangzhou Shipyard International Co., Ltd.	34,000	115,566
#	Hengan International Group Co., Ltd.	369,000	1,339,856
	Hopson Development Holdings, Ltd.	258,000	551,338
#	Huadian Power International Corp.	694,000	228,038
#	Huaneng Power International, Inc. ADR	58,354	1,968,864
*	Industrial and Commercial Bank of China (Asia), Ltd.	30,590,000	22,912,249
	Jiangsu Express Co., Ltd.	628,000	478,693
	Jiangxi Copper Co., Ltd.	841,000	1,936,176
	Lenova Group, Ltd.	2,106,000	1,546,327
	Maanshan Iron and Steel Co., Ltd.	994,000	744,690
#	Nine Dragons Paper Holdings, Ltd.	747,000	814,587
#	PetroChina Co., Ltd. ADR	154,573	22,034,381
#	PICC Property and Casualty Co., Ltd.	1,534,000	1,200,977
#	Ping An Insurance (Group) Co. of China, Ltd.	1,080,000	9,029,151
* #	Shanghai Electric Group Co., Ltd.	1,846,000	1,096,149
	Shanghai Industrial Holdings, Ltd.	299,000	1,107,541
	Shimao Property Holdings, Ltd.	823,500	1,374,350
#	Sinofert Holdings, Ltd.	1,390,000	1,070,358
	Sinopec Shanghai Petrochemical Co., Ltd. Sponsored ADR	15,392	626,762
* #	Sinopec Yizheng Chemical Fibre Co., Ltd.	680,000	148,486
#	Tsingtao Brewery Co., Ltd.	194,000	493,794
	Weichai Power Co., Ltd.	61,000	305,969
#	Yanzhou Coal Mining Co., Ltd. Sponsored ADR	28,629	3,126,573
	Zhejiang Expressway Co., Ltd.	732,000	597,956
*	Zijin Mining Group Co., Ltd.	2,610,000	2,478,744
	ZTE Corp.	126,000	618,018

TOTAL — CHINA			291,551,055

CZECH REPUBLIC — (1.4%)
COMMON STOCKS — (1.4%)
	CEZ A.S.	381,144	31,488,292
#	Komercni Banka A.S.	27,759	7,214,894
	Phillip Morris CR A.S.	954	332,734
	Telefonica 02 Czech Republic A.S.	230,085	7,243,906
*	Unipetrol A.S.	119,768	2,011,215
	Zentiva NV	38,106	2,448,918

TOTAL — CZECH REPUBLIC			50,739,959

HUNGARY — (1.4%)
COMMON STOCKS — (1.4%)
	ELMU NYRT	185	29,849
	Magyar Telekom Telecommunications P.L.C.	714,375	3,518,244
* #	MOL Hungarian Oil & Gas NYRT	168,429	25,355,807
* #	OTP Bank NYRT	320,801	14,465,920
#	Richter Gedeon NYRT	20,463	4,502,421
#	Tiszai Vegyi Kombinat NYRT	65,273	2,018,517

TOTAL — HUNGARY			49,890,758

INDIA — (10.5%)
COMMON STOCKS — (10.5%)
	Aban Offshore, Ltd.	16,521	1,552,880
*	Adani Enterprises, Ltd.	51,000	952,199
*	Aditya Birla Nuvo, Ltd.	47,172	1,586,790
	Alstom Projects India, Ltd.	32,043	408,648
	Ambuja Cements, Ltd.	1,452,686	3,252,718
	Amtek Auto, Ltd.	55,615	381,940
	Apollo Hospitals Enterprise, Ltd.	21,437	244,102
*	Arvind Mills, Ltd.	90,436	95,446
	Asea Brown Boveri India, Ltd.	162,155	3,900,038
*	Ashok Leyland, Ltd.	621,735	522,211
	Asian Paints (India), Ltd.	81,536	2,463,589
	Aventis Pharma, Ltd.	8,241	153,398
	Axis Bank, Ltd.	349,044	6,522,247
	Bajaj Auto, Ltd.	98,754	1,484,219
*	Bajaj Auto, Ltd.	98,754	1,336,220
*	Bajaj Finserv, Ltd.	98,754	1,501,605
	Bajaj Hindusthan, Ltd.	49,677	221,875
*	Balrampur Chini Mills, Ltd.	41,380	89,028
	BEML, Ltd.	32,527	823,866
	Bharat Forge, Ltd.	174,384	1,050,174
	Biocon, Ltd.	87,444	952,260
	Cadila Healthcare, Ltd.	43,470	301,991
*	Century Textiles & Industries, Ltd.	51,740	840,791
	Chennai Petroleum Corp., Ltd.	63,105	502,472
	Cipla, Ltd.	880,500	4,385,711
	Colgate-Palmolive (India), Ltd.	84,376	826,404
	Crompton Greaves, Ltd.	184,828	1,002,303
	Cummins India, Ltd.	135,892	944,691
	Dabur India, Ltd.	308,253	700,047
*	Dish TV India, Ltd.	304,209	331,127

*	Divi’s Laboratories, Ltd.	31,510	1,096,231
	Dr. Reddy’s Laboratories, Ltd.	174,080	2,901,492
	EIH, Ltd.	165,150	498,951
	Exide Industries, Ltd.	202,666	353,677
	Gammon India, Ltd.	46,112	439,769
	GlaxoSmithKline Pharmaceuticals, Ltd.	63,067	1,690,693
	Glenmark Pharmaceuticals, Ltd.	140,860	2,176,882
	Godrej Consumer Products, Ltd.	109,632	350,733
	Godrej Industries, Ltd.	124,636	752,289
	Great Eastern Shipping Co., Ltd.	110,304	1,309,131
	Great Offshore, Ltd.	27,576	468,448
	HCL Infosystems, Ltd.	86,934	338,806
	HCL Technologies, Ltd.	504,326	3,711,181
	HDFC Bank, Ltd.	386,733	12,366,410
	Hero Honda Motors, Ltd. Series B	243,623	4,275,306
	Hindustan Construction Co., Ltd.	40,914	114,486
	Hindustan Unilever, Ltd.	2,562,524	14,295,246
	ICICI Bank Sponsored ADR	629,447	23,749,035
	IDBI Bank, Ltd.	678,674	1,392,884
	India Cements, Ltd.	94,232	354,461
	Indiabulls Financial Services, Ltd.	189,195	1,631,977
*	Indiabulls Securities, Ltd.	189,195	469,032
	Indian Hotels Co., Ltd.	773,952	2,004,549
	Infosys Technologies, Ltd.	657,429	30,453,727
	ITC, Ltd.	3,314,510	17,001,526
	IVRCL Infrastructures & Projects, Ltd.	61,336	597,245
	Jaiprakash Associates, Ltd.	522,020	2,621,474
*	Jammu & Kashmir Bank, Ltd.	20,547	314,539
	Jet Airways (India), Ltd.	19,348	245,007
	Jindal Steel & Power, Ltd.	104,510	5,744,685
	JSW Steel, Ltd.	106,526	2,932,458
	Jubilant Organosys, Ltd.	95,560	787,550
	Lakshmi Machine Works, Ltd.	3,903	137,800
	Larsen & Toubro, Ltd.	216,588	15,175,761
	Lupin, Ltd.	65,216	1,090,370
	Madras Cements, Ltd.	4,361	276,864
	Mahindra & Mahindra, Ltd.	267,561	3,723,843
	Mangalore Refinery & Petrochemicals, Ltd.	846,013	1,651,084
	Maruti Suzuki India, Ltd.	162,177	2,924,527
*	Matrix Laboratories, Ltd.	95,511	417,687
	Moser Baer (India), Ltd.	88,443	378,284
	Motor Industries Co., Ltd.	24,968	2,246,650
	Nagarjuna Construction Co., Ltd.	37,276	172,610
*	Nirma, Ltd.	91,336	337,303
*	NPIL Research & Development	7,600	—
	Pantaloon Retail India, Ltd.	58,580	622,570
	Patni Computer Systems, Ltd.	116,382	748,533
	Petronet LNG, Ltd.	97,953	160,664
*	Piramal Healthcare, Ltd.	76,008	638,755
	Proctor & Gamble Hygiene & Health Care, Ltd.	11,227	204,004
	Ranbaxy Laboratories, Ltd.	411,794	5,127,736
	Raymond, Ltd.	35,367	218,051

*	Reliance Capital, Ltd.	86,097	2,425,269
	Reliance Communications, Ltd.	1,071,955	14,533,262
	Reliance Energy, Ltd.	191,590	6,543,947
	Reliance Industries, Ltd.	1,030,847	58,269,610
*	Reliance Natural Resources, Ltd.	1,721,955	4,096,310
	Satyam Computer Services, Ltd.	772,898	9,579,878
	Sesa GOA, Ltd.	26,750	2,697,846
*	Shree Cement, Ltd.	12,572	231,956
	Siemens India, Ltd.	255,806	3,358,735
	Sterling Biotech, Ltd.	83,096	420,822
*	Sterlite Industries (India), Ltd. Series A	431,495	9,464,945
*	Sun Pharma Advanced Research Co., Ltd.	162,432	343,607
*	Sun Pharmaceuticals Industries, Ltd.	162,432	5,348,426
	Tata Chemicals, Ltd.	130,261	1,236,648
	Tata Consultancy Services, Ltd.	378,487	9,160,142
	Tata Motors, Ltd.	408,049	5,544,092
	Tata Power Co., Ltd.	170,018	5,433,374
	Tata Steel, Ltd.	533,336	11,327,634
	Tata Tea, Ltd.	41,503	842,891
*	Tata Teleservices Maharashtra, Ltd.	1,648,110	1,218,039
	Thermax, Ltd.	46,429	465,784
	Titan Industries, Ltd.	21,191	599,550
	TVS Motor Co., Ltd.	33,921	29,008
	Unitech, Ltd.	343,920	1,876,121
*	United Phosphorus, Ltd.	69,388	556,427
	United Spirits, Ltd.	55,453	2,185,212
	Videsh Sanchar Nigam, Ltd.	155,496	1,640,962
	Wipro, Ltd.	440,456	5,283,020
*	Wire & Wireless India, Ltd.	264,530	224,127
	Wockhardt, Ltd.	38,730	270,763
	Zee Entertainment Enterprises, Ltd.	529,060	2,827,674
*	Zee News, Ltd.	239,188	289,627
TOTAL COMMON STOCKS			381,349,674

PREFERRED STOCKS — (0.0%)
*	Tata Steel, Ltd.	533,337	1,722,934

TOTAL — INDIA			383,072,608

INDONESIA — (1.8%)
COMMON STOCKS — (1.8%)
*	PT Aneka Tambang Tbk	1,270,000	443,186
	PT Astra Agro Lestari Tbk	456,500	1,295,957
	PT Astra International Tbk	4,101,961	9,251,922
*	PT Bakrie & Brothers Tbk	21,200,000	1,206,679
	PT Bank Central Asia Tbk	15,260,000	4,546,664
	PT Bank Danamon Indonesia Tbk	2,896,000	1,772,712
*	PT Bank Mandiri Persero Tbk	5,220,000	1,625,895
*	PT Bank Pan Indonesia Tbk	280,000	18,644
*	PT Bank Rakyat Indonesia Tbk	3,070,000	1,912,046
	PT Bumi Resources Tbk	11,510,000	9,949,699

	PT Global Mediacom Tbk	1,100,000	61,438
	PT Gudang Garam Tbk	1,847,500	1,468,325
	PT Indocement Tunggal Prakarsa Tbk	1,210,000	798,686
	PT Indofood Sukses Makmur Tbk	7,143,500	2,147,875
	PT Indosat Tbk	5,352,500	3,296,808
	PT International Nickel Indonesia Tbk	3,310,000	2,168,340
	PT Kalbe Farma Tbk	4,300,000	406,417
	PT Lippo Karawaci Tbk	229,385	17,236
	PT Medco Energi International Tbk	2,396,000	1,299,518
*	PT Panasia Indosyntec Tbk	75,100	3,225
	PT Semen Gresik Tbk	3,194,500	1,508,974
	PT Telekomunikasi Indonesia Tbk	15,037,640	13,052,201
	PT Unilever Indonesia Tbk	4,212,500	3,054,371
	PT United Tractors Tbk	2,206,000	3,425,095

TOTAL — INDONESIA			64,731,913

ISRAEL — (3.9%)
COMMON STOCKS — (3.9%)
	Africa-Israel Investments, Ltd.	21,821	1,800,171
	Bank Hapoalim B.M.	1,583,031	8,102,243
	Bank Leumi Le-Israel	1,637,515	9,000,732
	Bezeq Israeli Telecommunication Corp., Ltd.	2,194,669	4,433,611
	Clal Industries, Ltd.	99,129	555,153
	Clal Insurance Enterprise Holdings, Ltd.	34,963	769,915
	Delek Automotive Systems, Ltd.	11,121	209,620
	Delek Group, Ltd.	4,584	892,132
	Discount Investment Corp.	43,272	1,200,551
	Elbit Systems, Ltd.	51,399	3,233,771
*	First International Bank of Israel, Ltd. (6123804)	133,659	404,067
*	First International Bank of Israel, Ltd. (6123815)	36,426	570,329
	IDB Development Corp., Ltd. Series A	30,082	855,070
	IDB Holding Corp., Ltd.	36,578	992,026
	Israel Chemicals, Ltd.	1,271,740	29,352,327
*	Israel Discount Bank Series A	232,575	595,868
	Koor Industries, Ltd.	15,394	988,441
	Makhteshim-Agan Industries, Ltd.	545,196	5,114,235
	Migdal Insurance Holdings, Ltd.	495,258	748,351
*	NICE Systems, Ltd. Sponsored ADR	78,714	2,754,990
	Ormat Industries, Ltd.	113,997	1,542,262
	Osem Investment, Ltd.	67,801	965,177
	Partner Communications Co., Ltd.	124,006	3,026,509
*	Strauss Group, Ltd.	55,697	890,665
	Teva Pharmaceutical Industries, Ltd.	46,855	2,150,535
	Teva Pharmaceutical Industries, Ltd. Sponsored ADR	1,322,025	60,456,203
	United Mizrahi Bank, Ltd.	284,543	2,446,425

TOTAL — ISRAEL			144,051,379

MALAYSIA — (4.2%)
COMMON STOCKS — (4.2%)
	Affin Holdings Berhad	747,600	470,809
*	Airasia Berhad	1,839,000	589,887
	Alliance Financial Group Berhad	1,164,400	1,128,760
	AMMB Holdings Berhad	2,636,359	3,238,568
	Asiatic Development Berhad	454,800	1,164,556
	Batu Kawan Berhad	170,000	582,485
	Berjaya Sports Toto Berhad	1,248,800	1,984,651
	Boustead Holdings Berhad	542,900	904,753
	British American Tobacco Berhad	265,700	3,567,990
	Bumiputra-Commerce Asset Holdings Berhad	4,541,727	13,411,553
	Digi.Com Berhad	582,762	4,765,359
*	EON Capital Berhad	507,100	798,380
	Fraser & Neave Holdings Berhad	61,000	169,494
	Gamuda Berhad	2,662,000	2,013,721
	Genting Berhad	3,486,500	6,614,680
	Hong Leong Bank Berhad	930,550	1,824,244
	Hong Leong Financial Group Berhad	592,429	932,680
	IGB Corp. Berhad	917,900	495,416
	IJM Corp. Berhad	994,800	1,765,665
	IOI Corp. Berhad	5,861,295	13,479,571
	IOI Properties Berhad	151,300	466,782
	KLCC Property Holdings Berhad	778,600	730,237
	KNM Group Berhad	1,052,500	2,258,083
	Kuala Lumpur Kepong Berhad	857,100	4,679,954
	Lafarge Malayan Cement Berhad	626,280	850,446
	Malayan Banking Berhad	4,334,375	10,034,337
*	Malaysian Airlines System Berhad	772,867	844,491
	Malaysian Bulk Carriers Berhad	437,200	555,590
	Malaysian Pacific Industries Berhad	160,400	388,228
	MISC Berhad	2,552,532	7,487,838
	MMC Corp. Berhad	1,503,800	1,651,749
	Nestle (Malaysia) Berhad	222,700	2,026,907
	Oriental Holdings Berhad	241,300	439,505
*	Parkson Holdings Berhad	479,050	902,143
	Petronas Dagangan Berhad	647,000	1,607,098
	Petronas Gas Berhad	1,061,800	3,260,344
	Plus Expressways Berhad	3,046,800	2,894,654
	Pos Malaysia & Services Holdings Berhad	227,300	133,938
	PPB Group Berhad	935,900	3,296,690
	Public Bank Berhad	1,550,201	5,693,962
	Resorts World Berhad	5,603,500	5,637,276
	RHB Capital Berhad	525,900	819,725
	Sarawak Energy Berhad	430,200	398,044
	Shell Refining Co. Federation of Malaysia Berhad	227,000	770,738
	Sime Darby Berhad	3,961,909	11,618,610
	SP Setia Berhad	1,245,450	1,520,992
	Star Publications (Malaysia) Berhad	485,600	524,381
	Telekom Malaysia Berhad	2,832,800	2,709,945
	Tenaga Nasional Berhad	2,495,400	5,428,267
*	TM International Berhad	2,832,800	6,426,259
*	Transmile Group Berhad	164,000	70,774
	UEM World Berhad	911,300	962,411
	UMW Holdings Berhad	729,066	1,473,265

	United Plantations Berhad	12,600	53,597
	YTL Corp. Berhad	1,578,966	3,655,701
	YTL Power International Berhad	3,372,332	2,308,325
	Zelan Berhad	353,400	290,082
TOTAL COMMON STOCKS			154,774,590

RIGHTS/WARRANTS — (0.0%)
*	KNM Group Berhad Rights 06/17/08	263,125	239,574

TOTAL — MALAYSIA			155,014,164

MEXICO — (8.5%)
COMMON STOCKS — (8.5%)
#	Alfa S.A.B. de C.V. Series A	578,090	4,243,371
	America Movil S.A.B. de C.V. Series L	20,736,559	61,809,602
	America Movil S.A.B. de C.V. Series L ADR	376,240	22,487,865
* #	Carso Global Telecom S.A.B. de C.V. Telecom Series A1	1,318,171	7,846,666
	Cementos de Mexico S.A.B de C.V. Series B	4,347,633	12,390,272
#	Cemex S.A.B. de C.V. Sponsored ADR	771,224	21,933,611
#	Coca-Cola Femsa S.A.B. de C.V. Series L	690,400	4,296,393
* #	Corporacion Interamericana de Entramiento S.A.B. de C.V. Series B	87,127	177,298
	Corporacion Mexicana de Restaurantes S.A.B. de C.V. Series B	1,107	837
	Corporativo Fragua S.A.B. de C.V. Series B	21	263
*	Desc S.A. de C.V. Series B	123,968	108,115
* #	Dine S.A.B. de C.V.	123,968	117,725
	El Puerto de Liverpool S.A.B. de C.V. Series C1	339,500	1,973,895
	Embotelladora Arca S.A.B. de C.V., Mexico	334,100	1,272,336
* #	Empresas ICA S.A.B. de C.V.	103,950	698,057
#	Fomento Economico Mexicano S.A.B. de C.V. Series B & D	2,264,400	10,620,169
	Fomento Economico Mexicano S.A.B. de C.V. Sponsored ADR	127,643	6,005,603
* #	Gruma S.A.B. de C.V. Series B	105,944	318,355
#	Grupo Carso S.A.B. de C.V. Series A-1	1,545,132	6,872,444
#	Grupo Continental S.A.B. de C.V.	358,600	961,159
#	Grupo Elektra S.A. de C.V.	126,080	4,972,363
#	Grupo Financiero Banorte S.A.B. de C.V.	2,275,936	11,049,197
	Grupo Financiero Inbursa S.A. de C.V. Series O	2,667,088	10,195,705
	Grupo Gigante S.A.B. de C.V. Series B	117,282	219,342
#	Grupo Industrial Bimbo S.A.B. de C.V. Series A	672,500	4,398,747
	Grupo Industrial Maseca S.A.B. de C.V. Series B	229,000	238,549
	Grupo Mexico S.A.B. de C.V. Series B	1,992,574	14,925,431
#	Grupo Modelo S.A.B. de C.V. Series C	992,400	5,290,069
	Grupo Nutrisa S.A. de C.V.	129	150
*	Grupo Qumma S.A. de C.V. Series B	1,591	28
#	Grupo Televisa S.A. (Certificate Representing Series A, Series D & Series L)	2,117,800	11,044,894
	Grupo Televisa S.A. de C.V. Sponsored ADR	326,100	8,543,820
* #	Impulsora Del Desarrollo Y El Empleo en America Latina S.A. de C.V.	3,161,776	4,709,100
#	Industrias Penoles S.A.B. de C.V.	277,530	8,094,860
#	Kimberly Clark de Mexico S.A.B. de C.V. Series A	884,600	4,157,398
* #	Organizacion Soriana S.A.B. de C.V. Series B	1,997,700	7,452,877

*		Promotora y Operadora de Infraestructura S.A. de C.V.	2,085	7,811
*		Savia S.A. de C.V.	120,000	9,303
#		Telefonos de Mexico S.A. de C.V. Series A	200,000	416,873
#		Telefonos de Mexico S.A.B. de C.V.	10,416,800	21,540,792
#		Telefonos de Mexico S.A.B. de C.V. Sponsored ADR	30,200	1,244,844
		Vitro S.A.B. de C.V.	147,450	268,332
#		Wal-Mart de Mexico S.A.B. de C.V. Series V	5,958,558	26,340,829

TOTAL — MEXICO				309,255,350

PHILIPPINES — (0.6%)
COMMON STOCKS — (0.6%)
		Aboitiz Equity Ventures, Inc.	3,075,000	505,768
		Ayala Corp. Series A	435,353	3,509,274
		Ayala Land, Inc.	11,518,518	2,835,000
		Banco de Oro- EPCI, Inc.	1,292,908	1,493,709
		Bank of the Philippine Islands	2,417,047	2,931,007
*		Filipina Water Bottling Corp.	2,006,957	—
		International Container Terminal Services, Inc.	270,000	206,876
		Metro Bank & Trust Co.	1,244,635	1,111,036
		Petron Corp.	4,690,000	547,385
		Philippine Long Distance Telephone Co.	125,290	7,502,356
*		Pilipino Telephone Corp.	876,000	152,179
		SM Prime Holdings, Inc.	7,903,168	1,445,588
		Universal Robina Corp.	197,900	59,995

TOTAL — PHILIPPINES				22,300,173

POLAND — (1.6%)
COMMON STOCKS — (1.6%)
		Agora SA	65,585	1,063,148
		Asseco Poland SA	6,365	184,720
		Bank Millennium SA	480,376	1,912,212
		Bank Pekao SA	163,030	14,171,204
*		Bank Przemyslowo Handlowy BPH SA	15,658	576,486
		Bank Zackodni WBK SA	37,228	2,809,921
*		Bioton SA	622,844	197,801
		Browary Zywiec SA	13,855	3,909,063
*		Cersanit SA	126,328	1,168,408
*		Getin Holdings SA	444,619	2,536,551
		Grupa Lotos SA	78,623	1,212,179
		Kredyt Bank SA	88,259	801,006
*		Mondi Packaging Paper Swiecie SA	43,468	1,028,766
*		Netia Holdings SA	390,681	596,295
*	��	PBG SA	3,132	458,766
*		Polski Koncern Naftowy Orlen SA	449,310	8,291,814
*		Polskie Gornictwo Naftowe I Gazownictwo SA	267,730	500,314
*		Powszechna Kasa Oszczednosci Bank Polski SA	157,417	3,647,869
		Telekomunikacja Polska SA	1,112,400	10,506,801
		TVN SA	205,099	1,770,594
		Zaklad Przetworstwa Hutniczego Stalprodukt SA	219	68,487

TOTAL — POLAND				57,412,405

SOUTH AFRICA — (10.5%)
COMMON STOCKS — (10.5%)
	ABSA Group, Ltd.	500,878	5,626,328
	African Bank Investments, Ltd.	733,060	2,357,226
	African Oxygen, Ltd.	354,545	1,211,665
	African Rainbow Minerals, Ltd.	184,031	7,253,914
	Anglo American Platinum Corp., Ltd.	143,540	25,009,513
#	AngloGold Ashanti, Ltd.	342,282	12,887,445
	ArcelorMittal South Africa, Ltd.	459,163	15,060,405
	Aspen Pharmacare Holdings, Ltd.	390,295	1,681,668
	Aveng, Ltd.	564,485	4,832,158
	Barloworld, Ltd.	325,200	4,396,688
*	Bidvest Group, Ltd.	422,101	5,949,382
	Discovery Holdings, Ltd.	556,542	1,754,626
*	Eqstra Holdings, Ltd.	289,896	514,321
	Exxaro Resources, Ltd.	114,491	2,366,249
	FirstRand, Ltd.	5,239,052	10,109,137
	Foschini, Ltd.	316,406	1,411,856
*	Freeworld Coatings, Ltd.	325,200	385,236
#	Gold Fields, Ltd.	306,889	3,959,915
	Gold Fields, Ltd. Sponsored ADR	442,200	5,717,646
*	Harmony Gold Mining Co., Ltd.	416,418	4,958,172
	Impala Platinum Holdings, Ltd.	749,481	32,003,769
	Imperial Holdings, Ltd.	289,896	2,016,877
	Investec, Ltd.	276,298	1,925,931
	JD Group, Ltd.	238,923	940,883
	Kumba Iron Ore, Ltd.	132,643	5,926,901
#	Liberty Group, Ltd.	224,453	2,153,029
	Massmart Holdings, Ltd.	311,299	2,864,007
	Mondi, Ltd.	63,861	490,554
	MTN Group, Ltd.	2,592,990	51,844,934
	Murray & Roberts Holdings, Ltd.	426,289	4,922,268
	Nampak, Ltd.	796,643	1,435,020
	Naspers, Ltd. Series N	585,271	13,659,264
	Nedbank Group, Ltd.	495,800	6,489,823
	Network Healthcare Holdings, Ltd.	1,992,016	2,175,747
	Pick’n Pay Stores, Ltd.	434,325	1,691,062
	Pretoria Portland Cement Co., Ltd.	970,260	4,518,541
	Reunert, Ltd.	272,528	1,987,139
	Sanlam, Ltd.	3,763,590	9,531,948
	Sappi, Ltd.	243,332	3,486,004
	Sappi, Ltd. Sponsored ADR	99,500	1,420,860
	Sasol, Ltd. Sponsored ADR	1,029,100	64,730,390
	Shoprite Holdings, Ltd.	702,735	3,890,031
	Standard Bank Group, Ltd.	1,797,036	19,622,305
	Steinhoff International Holdings, Ltd.	1,363,005	3,503,224
	Sun International, Ltd.	138,020	1,611,443
	Telkom South Africa, Ltd.	614,393	11,056,102
	Tiger Brands, Ltd.	253,166	5,217,216
	Truworths International, Ltd.	711,817	2,139,828
#	Woolworths Holdings, Ltd.	1,313,650	1,949,510

TOTAL — SOUTH AFRICA			382,648,160

SOUTH KOREA — (10.3%)
COMMON STOCKS — (10.3%)
#	Amorepacific Corp.	3,527	2,128,614
#	Cheil Industrial, Inc.	20,690	1,069,126
*	CJ Cheiljedang Corp.	3,287	850,892
	Daegu Bank Co., Ltd.	58,240	859,837
	Daelim Industrial Co., Ltd.	18,800	2,256,372
#	Daewoo Engineering & Construction Co., Ltd.	218,088	3,814,151
#	Daewoo International Corp.	45,870	2,014,001
#	Daewoo Securities Co., Ltd.	103,195	2,161,086
	Daewoo Shipbuilding & Marine Engineering Co., Ltd.	142,290	6,471,211
#	DC Chemical Co., Ltd.	6,626	2,529,707
	Dong Bu Insurance Co., Ltd.	22,580	924,696
	Dongkuk Steel Mill Co., Ltd.	1,400	63,736
* #	Doosan Corp.	8,040	1,656,623
#	Doosan Heavy Industries & Construction Co., Ltd.	28,950	3,446,843
#	Doosan Infracore Co., Ltd.	97,520	3,204,446
#	GS Engineering & Construction Corp.	27,320	3,438,331
	GS Holdings Corp.	42,945	2,002,501
	Hana Financial Group, Inc.	112,261	4,688,255
	Hanjin Heavy Industries and Construction Co., Ltd.	15,169	777,182
#	Hanjin Shipping Co., Ltd.	8,522	388,724
	Hankook Tire Manufacturing Co., Ltd.	84,420	1,213,704
#	Hanwha Chemical Corp.	8,050	97,338
	Hanwha Corp.	22,240	902,977
#	Hite Brewery Co., Ltd.	13,530	1,523,770
	Honam Petrochemical Corp.	2,953	253,025
* #	Hynix Semiconductor, Inc.	118,050	3,554,489
	Hyundai Department Store Co., Ltd.	7,630	763,328
#	Hyundai Development Co.	37,270	2,277,526
	Hyundai Engineering & Construction Co., Ltd.	570	48,683
#	Hyundai Heavy Industries Co., Ltd.	49,890	18,187,519
#	Hyundai Merchant Marine Co., Ltd.	24,600	879,382
#	Hyundai Mipo Dockyard Co., Ltd.	6,322	1,481,237
	Hyundai Mobis	53,070	4,729,756
#	Hyundai Motor Co., Ltd.	122,979	10,031,884
#	Hyundai Securities Co., Ltd.	46,721	619,775
	Hyundai Steel Co.	58,560	4,707,271
*	Industrial Bank of Korea	43,600	785,543
	Kangwon Land, Inc.	150,410	3,564,014
#	KCC Corp.	7,410	3,595,031
* #	Kia Motors Corp.	263,640	3,123,901
	Kookmin Bank	161,175	10,038,860
	Kookmin Bank Sponsored ADR	117,300	7,325,385
	Korea Electric Power Corp.	295,290	9,580,578
	Korea Exchange Bank	200,200	2,984,733
	Korea Gas Corp.	35,793	2,742,771
	Korea Investment Holdings Co., Ltd.	23,530	1,080,358

	Korea Zinc Co., Ltd.	4,366	557,683
	Korean Air Co., Ltd.	8,396	428,281
	KT Corp.	195,930	8,801,605
*	KT Freetel, Ltd.	47,030	1,324,603
	KT&G Corp.	103,590	8,992,114
#	Kumho Industrial Co., Ltd.	10,764	338,932
	LG Chemical, Ltd.	36,776	3,498,058
#	LG Corp.	129,413	10,120,316
#	LG Electronics, Inc.	88,910	12,352,665
#	LG Household & Healthcare Co., Ltd.	5,120	1,073,264
#	LG Phillips LCD Co., Ltd.	106,110	4,683,381
	Lotte Confectionary Co., Ltd.	350	393,954
*	Lotte Shopping Co., Ltd.	2,800	943,208
	LS Cable, Ltd.	8,728	827,619
#	Mirae Asset Securities Co., Ltd.	5,410	641,475
	POSCO	46,060	25,174,520
	POSCO ADR	73,100	9,989,115
	Pusan Bank	73,990	1,074,516
	S1 Corp.	3,130	177,816
#	Samsung Corp.	77,520	5,174,036
	Samsung Electro-Mechanics Co., Ltd.	37,767	1,761,106
	Samsung Electronics Co., Ltd.	97,139	69,922,372
	Samsung Engineering Co., Ltd.	16,857	1,554,029
	Samsung Fire and Marine Insurance, Ltd.	27,229	5,910,789
#	Samsung Heavy Industries Co., Ltd.	126,000	5,247,023
* #	Samsung SDI Co., Ltd.	24,812	1,920,753
#	Samsung Securities Co., Ltd.	33,780	2,425,793
	Samsung Techwin Co., Ltd.	28,393	1,680,202
	Shinhan Financial Group Co., Ltd.	190,952	9,569,478
	Shinhan Financial Group Co., Ltd. ADR	19,900	2,001,343
#	Shinsegae Co., Ltd.	10,460	6,075,414
	SK Co., Ltd.	21,194	3,334,438
#	SK Energy Co., Ltd.	51,889	6,456,171
*	SK Networks Co., Ltd.	103,360	1,902,623
	SK Telecom Co., Ltd.	56,085	11,113,853
#	S-Oil Corp.	47,310	3,397,185
#	STX Corp.	11,280	833,160
#	STX Shipbuilding Co., Ltd.	23,910	943,428
	Woongjin Coway Co., Ltd.	13,260	390,203
#	Woori Investment & Securities Co., Ltd.	67,386	1,430,706
TOTAL COMMON STOCKS			375,276,402

RIGHTS/WARRANTS — (0.0%)
*	Hanwha Chemical Corp. Rights 06/18/08	2,576	8,453

TOTAL — SOUTH KOREA			375,284,855

TAIWAN — (9.8%)
COMMON STOCKS — (9.8%)
	Acer, Inc.	1,935,463	4,019,785
	Advanced Semiconductor Engineering, Inc.	2,906,808	3,057,230

#	Advanced Semiconductor Engineering, Inc. ADR	151,600	795,900
	Advantech Co., Ltd.	336,427	875,210
	Asia Cement Corp.	2,245,937	4,177,342
	Asustek Computer, Inc.	2,693,723	7,775,496
	AU Optronics Corp.	5,013,298	9,610,286
#	AU Optronics Corp. Sponsored ADR	227,796	4,337,236
	Catcher Co., Ltd.	249,116	861,437
	Cathay Financial Holdings Co., Ltd.	8,465,487	21,656,606
	Cathay Real Estate Development Co., Ltd.	692,000	476,352
	Chang Hwa Commercial Bank	3,763,796	3,060,448
	Cheng Shin Rubber Industry Co., Ltd.	852,799	1,460,247
	Cheng Uei Precision Industry Co., Ltd.	225,390	508,802
	Chi Mei Optoelectronic Corp.	4,619,528	6,305,296
	China Airlines	2,271,981	1,189,096
	China Development Financial Holding Corp.	8,525,392	3,633,744
	China Motor Co., Ltd.	1,014,196	796,073
	China Steel Corp.	8,142,745	13,930,132
*	Chinatrust Financial Holdings Co., Ltd.	6,124,283	6,251,063
*	Chungwa Picture Tubes Co., Ltd.	5,710,226	1,916,652
*	CMC Magnetics Corp.	2,482,400	833,497
	Compal Communications, Inc.	270,270	508,573
	Compal Electronics, Inc.	2,763,112	3,073,333
	Delta Electronics Industrial Co., Ltd.	1,637,090	4,677,739
	D-Link Corp.	450,432	748,067
*	E.Sun Financial Holding Co., Ltd.	2,185,070	1,233,445
	Epistar Corp.	331,097	904,733
	Eternal Chemical Co., Ltd.	404,400	455,134
*	Eva Airways Corp.	2,096,444	1,228,203
	Evergreen Marine Corp., Ltd.	2,092,869	1,842,942
	Everlight Electronics Co., Ltd.	113,291	401,113
	Far East Textile, Ltd.	4,125,344	6,424,627
	Far Eastern Department Stores, Ltd.	110,000	165,547
*	Far Eastern International Bank	235,841	88,891
	First Financial Holding Co., Ltd.	5,023,209	5,961,188
	Formosa Chemicals & Fiber Co., Ltd.	4,610,141	10,994,500
	Formosa Plastics Corp.	4,721,167	13,323,751
	Formosa Taffeta Co., Ltd.	484,000	535,196
	Foxconn Technology Co., Ltd.	546,086	3,175,042
	Fubon Financial Holding Co., Ltd.	5,940,052	7,079,426
	High Tech Computer Corp.	386,227	10,291,045
	Hon Hai Precision Industry Co., Ltd.	5,183,007	29,336,784
	Hotai Motor Co., Ltd.	387,000	1,246,012
	Hua Nan Financial Holding Co., Ltd.	5,450,122	5,022,494
	Inventec Corp.	1,500,193	928,285
	Kinsus Interconnect Technology Corp.	210,100	550,080
	Largan Precision Co., Ltd.	81,855	1,023,898
	Lite-On Technology Corp.	1,438,205	1,704,504
* #	Macronix International ADR	9,399	44,828
	Macronix International Co., Ltd.	1,261,795	602,902
	Media Tek, Inc.	867,386	10,848,188
	Mega Financial Holding Co., Ltd.	9,477,535	7,424,986
	Mitac International Corp.	1,082,013	928,199

	Nan Ya Plastic Corp.	6,878,218	15,952,730
	Nanya Technology Co., Ltd.	3,664,634	2,123,409
*	Pacific Electric Wire & Cable Corp.	233,200	3,989
	Pan-International Industrial Corp.	196,525	377,384
	Phoenix Precision Technology Corp.	867	541
	Pou Chen Corp.	1,737,978	1,696,540
	President Chain Store Corp.	776,260	2,938,914
*	Qisda Corp.	1,183,990	1,062,245
	Quanta Computer, Inc.	3,113,430	4,920,870
	Realtek Semiconductor Corp.	269,396	815,580
	Richtek Technology Corp.	69,000	648,010
	Shin Kong Financial Holding Co., Ltd.	3,521,545	3,055,787
	Siliconware Precision Industries Co., Ltd.	2,324,084	3,931,579
	Siliconware Precision Industries Co., Ltd. Sponsored ADR	500	4,245
	SinoPac Holdings Co., Ltd.	4,399,033	1,998,371
	Sunplus Technology Co., Ltd.	240,591	303,112
	Synnex Technology International Corp.	700,331	1,834,359
*	Taishin Financial Holdings Co., Ltd.	3,774,225	1,764,268
*	Taiwan Business Bank	2,272,325	1,058,021
	Taiwan Cement Corp.	2,391,976	4,013,553
	Taiwan Cooperative Bank	1,263,160	1,378,089
	Taiwan Fertilizer Co., Ltd.	95,000	459,663
	Taiwan Glass Industrial Corp.	1,176,915	1,465,212
	Taiwan Life Insurance Co., Ltd	242,000	396,844
	Taiwan Semiconductor Manufacturing Co., Ltd.	22,163,693	48,469,267
*	Tatung Co., Ltd.	2,839,000	1,588,407
	Teco Electric & Machinery Co., Ltd.	250,000	148,561
	Transcend Information, Inc.	203,999	637,257
	Tung Ho Steel Enterprise Corp.	503,000	1,051,448
	U-Ming Marine Transport Corp.	648,860	2,098,733
	Uni-President Enterprises Corp.	2,663,801	3,770,855
	United Microelectronics Corp.	12,019,754	7,484,571
*	Via Technologies, Inc.	813,000	470,943
	Walsin Lihwa Corp.	2,278,539	1,027,026
	Wan Hai Lines Co., Ltd.	1,625,914	1,450,581
	Winbond Electronics Corp.	3,308,000	871,443
*	Wintek Corp.	747,438	612,611
	Wistron Corp.	1,031,020	1,763,433
*	Ya Hsin Industrial Co., Ltd.	738,018	—
	Yageo Corp.	613,000	200,073
	Yang Ming Marine Transport Corp.	2,041,069	1,562,215
*	Yuanta Financial Holding Co., Ltd.	1,526,885	1,422,772
	Yulon Motor Co., Ltd.	1,239,250	1,486,789
	Zyxel Communication Corp.	315,070	302,398

TOTAL — TAIWAN			358,924,283

THAILAND — (1.4%)
COMMON STOCKS — (1.4%)
	Advance Info Service PCL (Foreign)	1,654,700	4,964,864
	Bangkok Bank PCL (Foreign)	274,400	1,139,991
#	Bangkok Bank PCL (Foreign) NVDR	1,256,200	5,141,548

#	Bangkok Dusit Medical Services PCL (Foreign)	586,600	708,541
#	Bangkok Expressway PCL (Foreign)	250,000	120,788
*	Bank of Ayudhya PCL (Foreign) NVDR	2,779,900	2,373,972
*	Bank of Ayudhya PCL (Foreign) NVDR	258,000	212,387
	Banpu Coal, Ltd.	24,100	355,993
	Banpu PCL (Foreign)	123,500	1,854,685
	BEC World PCL (Foreign)	1,178,000	1,087,552
	Big C Supercenter PCL (Foreign) NVDR	25,000	41,545
	Bumrungrad Hospital PCL (Foreign)	297,000	342,745
	C.P. Seven Eleven PCL (Foreign)	2,614,700	885,112
#	Cal-Comp Electronics (Thailand) PCL (Foreign)	2,547,600	423,359
	Central Pattana PCL (Foreign)	888,500	683,567
	Charoen Pokphand Foods PCL (Foreign)	4,487,600	577,263
	Delta Electronics (Thailand) PCL (Foreign)	1,050,510	678,896
	Hana Microelectronics PCL (Foreign)	387,400	201,479
#	Italian-Thai Development PCL	1,617,400	423,077
	Kasikornbank PCL (Foreign)	1,730,300	4,526,096
	Kasikornbank PCL (Foreign) NVDR	164,500	430,297
#	Krung Thai Bank PCL (Foreign)	6,364,070	1,762,629
	Land & Houses PCL (Foreign)	559,510	151,521
	Land and Houses PCL (Foreign) NVDR	3,647,800	914,897
	Precious Shipping PCL	212,900	159,208
	Precious Shipping PCL (Foreign) NVDR	320,400	239,597
	PTT Aromatics & Refining PCL (Foreign)	1,381,437	1,169,088
	PTT Chemical PCL (Foreign)	818,560	2,770,937
*	PTT Exploration & Production PCL (Foreign)	300,000	1,726,419
*	PTT PCL (Foreign)	250,000	2,585,013
	Ratchaburi Electricity Generating Holding PCL (Foreign)	1,016,000	1,406,986
	Sahaviriya Steel Industries PCL (Foreign)	1,694,000	58,387
#	Siam Cement PCL (Foreign) (6609906)	125,700	796,867
	Siam Cement PCL (Foreign) (6806387)	220,213	1,409,580
	Siam Commercial Bank PCL (Foreign)	1,074,766	2,976,733
	Siam Makro PCL (Foreign)	112,500	328,897
	Thai Oil PCL (Foreign)	1,124,600	2,214,938
	Thai Union Frozen Products PCL (Foreign)	1,044,020	584,741
	Thanachart Capital PCL (Foreign)	670,550	321,914
	The Siam Cement PCL (Foreign)	377,100	2,344,182
#	Thoresen Thai Agencies PCL (Foreign)	276,000	433,174
*	TMB Bank PCL (Foreign)	22,454,501	905,228
* #	True Corp. PCL (Foreign)	1,834,700	233,749

TOTAL — THAILAND			52,668,442

TURKEY — (1.6%)
COMMON STOCKS — (1.6%)
	Akbank T.A.S.	1,278,133	5,655,406
	Akcansa Cimento Sanayi ve Ticaret A.S.	72,188	296,133
	Aksigorta A.S.	177,399	763,640
*	Anadolu Efes Biracilik ve Malt Sanayi A.S.	414,134	3,874,982
	Arcelik A.S	148,889	622,874
*	Asya Katilim Bankasi A.S.	48,137	327,512
	Aygaz A.S.	56,070	195,269

	BIM BirlesikMagazalar A.S.	3,011		328,514
	Coca-Cola Icecek AS	10,186		112,941
*	Dogan Sirketler Grubu Holding A.S.	787,928		924,359
*	Dogan Yayin Holding A.S.	393,995		688,364
	Enka Insaat ve Sanayi A.S.	275,899		3,318,460
	Eregli Demir ve Celik Fabrikalari Turk A.S.	917,981		5,892,380
	Ford Otomotiv Sanayi A.S.	114,792		1,036,361
*	Koc Holding A.S. Series B	615,835		1,736,214
	Migros Turk A.S.	120,891		2,024,874
	Tofas Turk Otomobil Fabrikasi A.S.	94,800		368,860
	Tupras-Turkiye Petrol Rafinerileri A.S.	289,886		7,267,511
*	Turk Ekonomi Bankasi A.S.	202,536		213,832
*	Turk Hava Yollari Anonim Ortakligi A.S.	39,374		212,878
*	Turk Sise ve Cam Fabrikalari A.S.	486,117		677,555
	Turkcell Iletisim Hizmetleri A.S.	257,680		2,010,649
	Turkcell Iletisim Hizmetleri A.S. ADR	146,600		2,845,506
*	Turkiye Garanti Bankasi A.S.	1,525,403		6,995,137
	Turkiye Is Bankasi A.S.	1,372,915		5,670,468
	Turkiye Vakiflar Bankasi T.A.O.	165,700		285,196
*	Yapi ve Kredi Bankasi A.S.	1,056,907		2,530,989

TOTAL — TURKEY				56,876,864

		Face
		Amount		Value †
		(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
	Repurchase Agreement, PNC Capital Markets, Inc. 1.94%, 06/02/08 (Collateralized by $14,160,000 FHLMC 6.584%(r), 03/01/37, valued at $11,443,190) to be repurchased at $11,273,822	$	11,272	11,272,000

SECURITIES LENDING COLLATERAL — (9.0%)
@	Repurchase Agreement, BNP Paribas Securities 2.30%, 06/02/08 (Collateralized by $111,122,484 FHLMC 6.000%, 10/01/37 & FNMA 6.000%, 03/01/37, valued at $102,000,000) to be repurchased at $100,019,167	100,000		100,000,000
@	Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $252,584,345 FHLMC, rates ranging from 4.831%(r) to 6.500%, maturities ranging from 11/01/16 to 04/01/38 & FNMA, rates ranging from 4.907%(r) to 5.661%(r), maturities ranging from 01/01/36 to 03/01/48, valued at $230,559,371) to be repurchased at $226,082,865	226,039		226,038,599
TOTAL SECURITIES LENDING COLLATERAL				326,038,599

TOTAL INVESTMENTS - (100.0%) (Cost $2,076,501,517)				$	3,644,559,802

See accompanying Notes to Financial Statements.

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

SCHEDULE OF INVESTMENTS

May 31, 2008

(Unaudited)

		Shares	Value †

COMMON STOCKS — (88.9%)
Consumer Discretionary — (11.6%)
*	4Kids Entertainment, Inc.	11,600	$	90,480
*	99 Cents Only Stores	127,520	1,067,342
* #	A.C. Moore Arts & Crafts, Inc.	8,356	58,408
	Aaron Rents, Inc.	26,200	586,618
* #	AbitibiBowater Canada, Inc.	21,476	255,135
*	Acme Communications, Inc.	23,312	34,968
	Aldila, Inc.	10,299	78,787
*	Alloy, Inc.	17,245	148,307
	American Axle & Manufacturing Holdings, Inc.	96,005	1,784,733
#	American Greetings Corp. Class A	73,700	1,375,242
* #	America’s Car-Mart, Inc.	23,596	389,098
#	Arctic Cat, Inc.	18,844	149,056
#	ArvinMeritor, Inc.	128,740	1,927,238
	Asbury Automotive Group, Inc.	50,300	828,441
*	Ashworth, Inc.	6,800	21,964
*	Audiovox Corp. Class A	23,689	252,525
*	AutoNation, Inc.	311,900	4,924,901
* #	Avatar Holdings, Inc.	11,700	405,639
*	Ballantyne of Omaha, Inc.	7,332	30,794
	Barnes & Noble, Inc.	63,600	1,940,436
#	Bassett Furniture Industries, Inc.	7,874	94,409
	Beasley Broadcast Group, Inc.	11,000	51,700
	Belo Corp. Class A	148,448	1,419,163
*	Benihana, Inc. Class A	300	2,682
* #	Big Lots, Inc.	22,600	701,956
#	Blockbuster, Inc. Class A	173,100	562,575
*	Blockbuster, Inc. Class B	81,610	208,922
*	Bluegreen Corp.	21,700	149,296
	Bob Evans Farms, Inc.	56,700	1,650,537
	Bon-Ton Stores, Inc.	14,349	95,564
	Books-A-Million, Inc.	19,600	147,196
#	Borders Group, Inc.	7,800	47,892
	BorgWarner, Inc.	97,600	5,046,896
#	Brookfield Homes Corp.	38,100	575,310
	Brown Shoe Company, Inc.	73,275	1,237,615
#	Brunswick Corp.	141,500	1,938,550
*	Buca, Inc.	1,216	608
#	Building Materials Holding Corp.	17,800	47,704
* #	Cabela’s, Inc.	62,600	867,010
*	Cache, Inc.	9,000	114,210
* #	California Coastal Communities, Inc.	16,509	75,446
	Canterbury Park Holding Corp.	1,300	12,350
#	Carmike Cinemas, Inc.	18,052	149,832

*	Carriage Services, Inc.	11,200	80,416
*	Cavalier Homes, Inc.	23,813	54,532
*	Cavco Industries, Inc.	9,242	354,246
	CBS Corp. Class B	880,766	19,006,930
* #	Chromcraft Revington, Inc.	100	387
	Churchill Downs, Inc.	7,298	311,917
	Cinemark Holdings, Inc.	19,143	276,999
#	Circuit City Stores, Inc.	87,800	431,098
#	Citadel Broadcasting Co.	106,142	186,810
	Clear Channel Communications, Inc.	339,300	11,882,286
	Coachmen Industries, Inc.	6,900	21,045
	Coast Distribution System, Inc.	400	1,920
	Cobra Electronics Corp.	1,200	3,912
#	Collectors Universe, Inc.	14,288	136,022
	Comcast Corp. Class A	3,086,461	69,445,372
	Comcast Corp. Special Class A Non-Voting	1,089,388	24,282,459
*	Concord Camera Corp.	9,362	32,112
* #	Conn’s, Inc.	30,400	525,008
	Cooper Tire & Rubber Co.	97,000	1,065,060
* #	Cox Radio, Inc.	61,500	784,125
	Craftmade International, Inc.	2,499	16,293
	CSS Industries, Inc.	18,850	555,698
*	Culp, Inc.	21,913	157,774
* #	Cumulus Media, Inc. Class A	22,400	117,600
* #	Cybex International, Inc.	26,482	109,900
*	Cycle Country Accessories Corp.	3,220	5,152
*	dELiA*s, Inc.	1,200	3,060
	Delta Apparel, Inc.	879	2,611
*	Design Within Reach, Inc.	22,632	87,812
* #	Diedrich Coffee, Inc.	9,552	22,925
#	Dillards, Inc. Class A	125,600	2,044,768
* #	Directed Electronics, Inc.	1,368	2,107
*	Discovery Holding Co. Class A	80,960	2,120,342
* #	Discovery Holding Co. Class B	6,597	171,753
	Disney (Walt) Co.	5,111	171,730
*	Dixie Group, Inc.	11,800	86,140
*	Dorman Products, Inc.	7,549	71,715
	Dover Motorsports, Inc.	16,800	104,496
*	Duckwall-ALCO Stores, Inc.	700	9,233
	Educational Development Corp.	1,000	6,040
*	Emerson Radio Corp.	31,640	37,652
	Emmis Communications Corp. Class A	16,800	49,896
	Entercom Communications Corp.	36,700	355,256
*	Entravision Communications Corp.	67,000	357,780
	Escalade, Inc.	600	3,750
*	Expedia, Inc.	109,511	2,655,642
* #	Famous Dave’s of America, Inc.	200	1,818
	Finish Line, Inc. Class A	71,227	564,830
*	Fisher Communications, Inc.	2,900	101,848
*	Flanigan’s Enterprises, Inc.	865	6,799
	Flexsteel Industries, Inc.	1,719	19,768
	Foot Locker, Inc.	163,800	2,393,118
* #	Ford Motor Co.	2,440,808	16,597,494
*	Franklin Covey Co.	30,919	259,410
*	Franklin Electronic Publishers, Inc.	15,050	31,906

#	Fred’s, Inc.	60,080	754,004
	Frisch’s Restaurants, Inc.	300	8,172
	FTD Group, Inc.	52,269	770,968
*	Fuel Systems Solutions, Inc.	1,973	55,007
#	Furniture Brands International, Inc.	70,240	987,574
*	GameTech International, Inc.	16,810	87,748
* #	Gander Mountain Co.	49,526	208,009
#	Gannett Co., Inc.	267,300	7,700,913
* #	Gaylord Entertainment Co.	35,582	1,010,885
#	General Motors Corp.	322,000	5,506,200
*	Getty Images, Inc.	16,900	565,812
*	G-III Apparel Group, Ltd.	26,250	435,487
*	Goodyear Tire & Rubber Co.	6,500	165,165
*	Gottschalks, Inc.	19,942	42,476
	Gray Television, Inc.	66,879	268,854
*	Great Wolf Resorts, Inc.	40,313	280,175
	Group 1 Automotive, Inc.	32,000	833,280
* #	Harris Interactive, Inc.	48,600	92,340
*	Hartmarx Corp.	2,000	4,680
*	Hastings Entertainment, Inc.	1,572	13,158
#	Haverty Furniture Co., Inc.	34,299	360,825
*	Hawk Corp.	600	10,752
*	Hayes Lemmerz International, Inc.	8,881	34,814
	Hearst-Argyle Television, Inc.	90,353	1,921,808
*	Helen of Troy, Ltd.	50,900	909,583
*	Hollywood Media Corp.	34,528	82,867
*	Hot Topic, Inc.	6,800	35,700
* #	Hovnanian Enterprises, Inc. Class A	96,300	756,918
*	IAC/InterActiveCorp.	438,616	9,890,791
#	IHOP Corp.	30,483	1,429,348
	ILX Resorts, Inc.	900	2,745
* #	Infosonics Corp.	600	600
*	Interstate Hotels & Resorts, Inc.	52,524	185,410
	J. Alexander’s Corp.	11,218	81,779
#	J.C. Penney Co., Inc.	124,115	4,994,388
*	Jakks Pacific, Inc.	18,275	431,290
* #	Jarden Corp.	108,315	2,030,906
*	Jo-Ann Stores, Inc.	47,950	1,079,354
	Johnson Outdoors, Inc.	12,128	188,712
	Jones Apparel Group, Inc.	79,200	1,332,144
#	Journal Communications, Inc. Class A	71,600	419,576
#	KB Home	125,577	2,575,584
#	Kenneth Cole Productions, Inc. Class A	17,000	265,200
	Kimball International, Inc. Class B	35,282	372,225
	K-Swiss, Inc. Class A	30,500	488,610
	LaCrosse Footwear, Inc.	495	6,816
*	Lakeland Industries, Inc.	10,257	128,110
* #	Lakes Entertainment, Inc.	29,500	164,315
#	Landry’s Restaurants, Inc.	25,100	411,891
*	Lazare Kaplan International, Inc.	13,180	119,938
#	La-Z-Boy, Inc.	49,900	316,865
* #	Leapfrog Enterprises, Inc.	100	826
* #	Lear Corp.	10,800	278,100
#	Lee Enterprises, Inc.	35,511	241,475
#	Leggett & Platt, Inc.	287,244	5,486,360

* #	Lenox Group, Inc.	6,654	4,857
*	Liberty Media Corp. - Entertainment Class A	625,764	16,895,628
*	Liberty Media Corp. - Entertainment Class B	14,088	382,630
*	Liberty Media Holding Corp. Capital Class A	217,289	3,220,223
* #	Liberty Media Holding Corp. Capital Class B	3,922	58,301
*	Liberty Media Holding Corp. Interactive Class A	863,249	14,666,601
*	Liberty Media Holding Corp. Interactive Class B	20,608	348,996
#	Lifetime Brands, Inc.	20,800	145,808
*	Lin TV Corp.	28,200	258,030
#	Lithia Motors, Inc. Class A	11,700	79,911
* #	Live Nation, Inc.	34,862	528,159
*	Lodgian, Inc.	28,478	256,302
*	Luby’s, Inc.	55,762	394,237
#	M/I Homes, Inc.	30,930	531,068
*	Mace Security International, Inc.	9,231	16,339
	Macy’s, Inc.	571,204	13,520,399
* #	MarineMax, Inc.	15,800	154,682
*	Max & Erma’s Restaurants, Inc.	800	3,120
*	McCormick & Schmick’s Seafood Restaurants, Inc.	4,588	43,678
#	MDC Holdings, Inc.	77,334	3,142,080
*	Meade Instruments Corp.	8,614	11,629
#	Media General, Inc. Class A	24,400	371,856
* #	Meritage Homes Corp.	54,460	942,158
	Modine Manufacturing Co.	57,700	908,198
* #	Mohawk Industries, Inc.	107,905	8,101,507
#	Monaco Coach Corp.	40,000	183,200
	Monro Muffler Brake, Inc.	1,919	35,559
*	Morton’s Restaurant Group, Inc.	2,071	16,879
* #	Mothers Work, Inc.	11,618	141,275
	Movado Group, Inc.	29,800	655,600
* #	MTR Gaming Group, Inc.	15,600	84,240
* #	Multimedia Games, Inc.	39,388	214,271
#	Nautilus Group, Inc.	31,300	210,649
*	Navarre Corp.	2,500	4,425
*	New York & Co., Inc.	32,600	272,536
	News Corp. Class A	161,850	2,905,207
#	Noble International, Ltd.	23,393	133,106
*	Office Depot, Inc.	1,237	15,710
	OfficeMax, Inc.	101,200	2,194,016
#	Orleans Homebuilders, Inc.	11,915	56,239
	O’Charleys, Inc.	28,308	314,219
* #	Outdoor Channel Holdings, Inc.	31,915	252,448
#	Oxford Industries, Inc.	25,700	702,638
* #	Palm Harbor Homes, Inc.	24,659	186,669
*	PC Mall, Inc.	4,708	60,922
#	Penske Automotive Group, Inc.	161,280	3,369,139
*	Perry Ellis International, Inc.	28,523	777,537
*	Phoenix Footwear Group, Inc.	9,300	15,345
* #	Pinnacle Entertainment, Inc.	79,700	1,105,439
* #	Playboy Enterprises, Inc. Class B	45,100	270,149
*	Pomeroy IT Solutions, Inc.	10,282	61,589
*	Proliance International, Inc.	21,796	22,886
*	QEP Co., Inc.	5,300	37,047
*	Quiksilver, Inc.	82,900	707,966
* #	R.H. Donnelley Corp.	14,000	76,020

*	Radio One, Inc. Class D	60,200	70,434
*	RC2 Corp.	18,033	348,217
*	Red Lion Hotels Corp.	28,076	243,700
*	Regent Communications, Inc.	12,730	12,475
	Regis Corp.	70,600	2,142,004
*	Retail Ventures, Inc.	500	2,790
*	Rex Stores Corp.	4,050	68,040
*	Rockford Corp.	3,502	4,202
* #	Rocky Brands, Inc.	6,664	39,051
*	Royal Caribbean Cruises, Ltd.	333,800	9,920,536
#	Russ Berrie & Co., Inc.	15,100	182,559
#	Ryland Group, Inc.	73,800	2,051,640
*	Saga Communications, Inc. Class A	26,480	124,456
	Salem Communications Corp.	19,181	47,377
	Sauer-Danfoss, Inc.	6,000	187,140
*	Scholastic Corp.	38,300	1,191,130
* #	Sears Holdings Corp.	142,345	12,059,468
	Service Corp. International	359,700	3,848,790
	Shiloh Industries, Inc.	22,381	222,020
*	Shoe Carnival, Inc.	13,700	200,020
#	Sinclair Broadcast Group, Inc. Class A	103,923	932,189
	Skyline Corp.	6,442	172,130
	Snap-On, Inc.	41,800	2,588,256
	Sonic Automotive, Inc.	55,200	1,029,480
* #	Source Interlink Companies, Inc.	20,580	24,490
*	Spanish Broadcasting System, Inc.	35,700	50,337
	Speedway Motorsports, Inc.	74,817	1,907,085
*	Sport Chalet, Inc. Class A	16,382	69,623
*	Sport Chalet, Inc. Class B	500	2,030
#	Sport Supply Group, Inc.	15,746	163,916
	Stage Stores, Inc.	60,550	818,030
#	Standard Motor Products, Inc.	23,500	199,750
#	Standard Pacific Corp.	118,100	370,834
	Stanley Furniture, Inc.	5,500	65,230
*	Steinway Musical Instruments, Inc.	10,438	286,523
#	Stewart Enterprises, Inc.	25,202	173,894
*	Stoneridge, Inc.	23,350	390,645
	Strattec Security Corp.	5,656	213,231
#	Superior Industries International, Inc.	38,900	799,784
	Superior Uniform Group, Inc.	9,178	82,510
	Syms Corp.	2,500	40,175
#	Systemax, Inc.	29,000	562,020
#	Tandy Brand Accessories, Inc.	11,667	53,552
* #	Tarragon Corp.	1,136	2,329
	The Marcus Corp.	26,500	456,595
	The Men’s Wearhouse, Inc.	1,500	31,095
#	The Pep Boys - Manny, Moe & Jack	81,600	732,768
* #	The Steak n Shake Co.	48,100	325,637
	Time Warner, Inc.	5,109,656	81,141,337
* #	Toll Brothers, Inc.	247,699	5,219,018
*	Trans World Entertainment Corp.	24,866	66,890
*	Triple Crown Media, Inc.	1,000	740
* #	Trump Entertainment Resorts, Inc.	600	2,100
*	TRW Automotive Holdings Corp.	167,775	4,185,986
*	Tuesday Morning Corp.	8,400	43,512

* #	Unifi, Inc.	172,580	516,014
	Unifirst Corp.	20,100	964,800
* #	Valassis Communications, Inc.	48,600	772,254
*	ValueVision Media, Inc. Class A	45,000	198,450
	Virco Manufacturing Corp.	12,501	62,505
*	Warnaco Group, Inc.	35,758	1,723,178
* #	West Marine, Inc.	24,100	108,450
#	Whirlpool Corp.	66,901	4,929,266
*	Wilsons The Leather Experts, Inc.	6,601	924
	Wyndham Worldwide Corp.	243,116	5,319,378
#	Xerium Technologies, Inc.	58,460	273,008
* #	Zale Corp.	74,140	1,614,769
Total Consumer Discretionary			479,283,927

Consumer Staples — (4.7%)
	Archer-Daniels-Midland Co.	638,865	25,362,940
*	B&G Foods, Inc.	1,700	16,524
*	Bridgford Foods Corp.	100	667
*	Cagle’s, Inc. Class A	600	3,540
#	Cal-Maine Foods, Inc.	27,317	852,290
* #	Caribou Coffee Co.	3,400	7,276
* #	Central Garden & Pet Co.	23,200	185,600
*	Central Garden & Pet Co. Class A	34,084	254,267
#	Chiquita Brands International, Inc.	48,500	1,180,490
	Coca-Cola Enterprises, Inc.	804,540	16,203,436
* #	Collective Brands, Inc.	45,200	512,116
*	Constellation Brands, Inc. Class A	318,219	6,784,429
*	Constellation Brands, Inc. Class B	3,275	70,314
	Corn Products International, Inc.	93,300	4,386,033
	CVS Caremark Corp.	801,214	34,283,947
	Del Monte Foods Co.	359,370	3,130,113
#	Farmer Brothers Co.	33,714	804,079
	Griffin Land & Nurseries, Inc. Class A	400	13,912
* #	Hain Celestial Group, Inc.	68,700	1,976,499
#	Imperial Sugar Co.	22,380	324,510
	Ingles Market, Inc. Class A	12,252	298,459
	J.M. Smucker Co.	92,382	4,876,846
	Kraft Foods, Inc.	701,313	22,778,646
#	MGP Ingredients, Inc.	32,800	242,720
	Molson Coors Brewing Co.	246,248	14,282,384
	Molson Coors Brewing Co. Class A	291	16,728
*	Monterey Pasta Co.	15,479	38,233
#	Nash Finch Co.	20,900	799,216
	Oil-Dri Corp. of America	3,066	52,582
*	Omega Protein Corp.	35,725	497,649
*	Orchids Paper Products Co.	700	5,355
*	Pantry, Inc.	31,400	383,080
* #	Parlux Fragrances, Inc.	48,809	164,486
	PepsiAmericas, Inc.	144,800	3,528,776
	Pilgrim’s Pride Corp.	98,100	2,550,600
*	Prestige Brands Holdings, Inc.	101,000	1,101,910
	PriceSmart, Inc.	16,222	381,866
* #	Pyramid Breweries, Inc.	10,226	26,076
* #	Redhook Ale Brewery, Inc.	11,301	50,854
	Reynolds American, Inc.	158,940	8,728,985

	Ruddick Corp.	28,188	1,001,520
#	Sanderson Farms, Inc.	23,200	1,158,376
* #	Sanfilippo (John B.) & Son, Inc.	9,000	83,520
#	Seaboard Corp.	1,921	3,448,195
* #	Smithfield Foods, Inc.	249,373	7,802,881
* #	Spectrum Brands, Inc.	67,400	280,384
#	SUPERVALU, Inc.	266,393	9,342,403
	Tasty Baking Co.	4,500	26,325
*	TreeHouse Foods, Inc.	53,970	1,410,236
	Tyson Foods, Inc. Class A	405,030	7,630,765
#	Universal Corp.	8,000	396,880
	Weis Markets, Inc.	46,730	1,612,652
* #	Winn-Dixie Stores, Inc.	91,600	1,653,380
*	Zapata Corp.	2,364	16,383
Total Consumer Staples			193,022,333

Energy — (16.8%)
	Adams Resources & Energy, Inc.	5,185	173,023
* #	Allis-Chalmers Energy, Inc.	48,300	829,311
	Anadarko Petroleum Corp.	778,868	58,391,734
	Apache Corp.	487,346	65,333,605
	Barnwell Industries, Inc.	1,238	17,270
* #	Basic Energy Services, Inc.	79,746	2,294,292
* #	Bill Barret Corp.	1,140	61,366
* #	Bois d’Arc Energy, Inc.	28,925	708,084
*	Brigham Exploration Co.	97,094	1,414,660
* #	Bristow Group, Inc.	32,400	1,693,548
*	Bronco Drilling Co., Inc.	40,781	741,399
	Cabot Oil & Gas Corp.	3,300	198,825
*	Callon Petroleum Co.	21,700	562,464
	Chesapeake Energy Corp.	620,500	33,984,785
	Cimarex Energy Co.	123,000	8,381,220
*	Clayton Williams Energy, Inc.	18,190	1,714,771
*	Complete Production Services, Inc.	95,200	2,728,432
*	Comstock Resources, Inc.	85,299	4,891,898
	ConocoPhillips	2,003,846	186,558,063
* #	Delta Petroleum Corp.	8,728	192,889
#	Devon Energy Corp.	617,500	71,592,950
* #	Edge Petroleum Corp.	18,535	97,494
* #	Encore Acquisition Co.	65,400	4,368,066
*	Energy Partners, Ltd.	8,200	123,164
	ENSCO International, Inc.	55,847	4,011,490
	EOG Resources, Inc.	20,900	2,688,367
*	EXCO Resources, Inc.	162,510	4,052,999
* #	Exterran Holdings, Inc.	26,789	1,969,527
*	Forest Oil Corp.	150,189	10,025,116
*	Geokinetics, Inc.	5,504	105,512
*	Geomet, Inc.	23,258	191,646
* #	Grey Wolf, Inc.	253,698	1,986,455
*	Gulfmark Offshore, Inc.	17,147	1,151,078
* #	Harvest Natural Resources, Inc.	28,700	319,718
*	Helix Energy Solutions Group, Inc.	3,100	119,753
#	Helmerich & Payne, Inc.	86,900	5,444,285
* #	Hercules Offshore, Inc.	92,800	3,147,776
	Hess Corp.	302,400	37,137,744

*	HKN, Inc.	14,049	148,076
*	Hornbeck Offshore Services, Inc.	12,900	679,830
	Marathon Oil Corp.	442,123	22,720,701
*	Mariner Energy, Inc.	150,441	4,919,421
	Massey Energy Co.	33,400	2,158,308
*	Meridian Resource Corp.	150,705	334,565
*	Natural Gas Services Group	15,260	418,277
*	Newfield Exploration Co.	98,880	6,253,171
*	Newpark Resources, Inc.	130,700	921,435
	Noble Energy, Inc.	242,940	23,674,503
	Occidental Petroleum Corp.	4,200	386,106
* #	Oil States International, Inc.	39,000	2,278,380
#	Overseas Shipholding Group, Inc.	52,000	4,111,120
*	Parker Drilling Co.	87,100	778,674
	Patterson-UTI Energy, Inc.	111,625	3,513,955
* #	Petrohawk Energy Corp.	182,762	5,369,548
*	Petroleum Development Corp.	16,500	1,140,150
*	PHI, Inc. Non-Voting	24,417	957,635
*	PHI, Inc. Voting	200	7,118
* #	Pioneer Drilling Co.	83,080	1,479,655
	Pioneer Natural Resources Co.	199,821	14,345,150
*	Plains Exploration & Production Co.	162,830	11,639,088
*	Pride International, Inc.	30,126	1,323,736
* #	Quest Resource Corp.	18,037	200,391
* #	SEACOR Holdings, Inc.	40,633	3,615,524
* #	Stone Energy Corp.	46,515	3,143,484
*	Swift Energy Corp.	48,099	2,772,426
#	Tesoro Petroleum Corp.	54,600	1,356,810
	Tidewater, Inc.	1,200	81,996
* #	Trico Marine Services, Inc.	41,694	1,600,633
*	Union Drilling, Inc.	34,327	644,661
*	Unit Corp.	57,000	4,371,330
#	USEC, Inc.	103,900	724,183
	Valero Energy Corp.	738,360	37,538,222
* #	VeraSun Energy Corp.	158,300	1,076,440
	W&T Offshore, Inc.	65,800	3,669,008
*	Whiting Petroleum Corp.	70,255	6,570,950
	World Fuel Services Corp.	7,200	173,448
Total Energy			696,502,887

Financials — (28.7%)
	1st Independence Financial Group, Inc.	100	1,701
	1st Source Corp.	49,797	1,087,566
	21st Century Holding Co.	18,367	188,629
	Abigail Adams National Bancorp, Inc.	500	5,280
	Abington Bancorp, Inc.	49,212	493,596
#	Access National Corp.	600	4,524
	Advanta Corp. Class A	19,950	157,605
	Advanta Corp. Class B	26,550	230,985
	Affirmative Insurance Holdings, Inc.	7,456	57,859
*	Allegheny Corp.	14,896	5,593,448
	Allstate Corp.	642,300	32,718,762
*	AmComp, Inc.	15,343	170,154
#	Amcore Financial, Inc.	42,155	413,119
	American Bancorp of New Jersey, Inc.	21,886	247,750

#	American Capital Strategies, Ltd.	319,685	10,229,920
#	American Equity Investment Life Holding Co.	88,700	937,559
	American Financial Group, Inc.	206,800	6,166,776
*	American Independence Corp.	866	5,768
	American International Group, Inc.	2,060,935	74,193,660
	American National Insurance Co.	47,958	5,288,329
	American Physicians Capital, Inc.	4,950	225,324
#	American West Bancorporation	30,946	103,669
* #	AmeriCredit Corp.	142,100	1,931,139
#	Ameris Bancorp	33,845	469,769
*	Amerisafe, Inc.	34,516	548,459
* #	AmeriServe Financial, Inc.	28,394	84,898
#	Anchor Bancorp Wisconsin, Inc.	34,430	483,053
* #	Appalachian Bancshares, Inc.	1,797	15,418
#	Asset Acceptance Capital Corp.	12,821	180,648
#	Associated Banc-Corp.	12,400	338,644
	Assurant, Inc.	33,500	2,279,005
#	Atlantic Coast Federal Corp.	2,500	21,775
*	B of I Holding, Inc.	12,754	88,895
	Baldwin & Lyons, Inc. Class B	7,813	169,620
	Bancorp Rhode Island, Inc.	1,000	33,240
#	BancTrust Financial Group, Inc.	14,104	141,886
	Bank Mutual Corp.	81,400	902,726
	Bank of America Corp.	2,312,268	78,640,235
* #	Bank of Florida Corp.	18,316	183,160
#	Bank of Granite Corp.	28,149	286,275
#	BankAtlantic Bancorp, Inc. Class A	25,500	44,880
	BankFinancial Corp.	46,664	694,827
#	BankUnited Financial Corp. Class A	56,000	176,400
#	Banner Corp.	30,684	558,142
	Bar Harbor Bankshares	1,100	34,072
	BB&T Corp.	165,800	5,217,726
*	Beach First National Bancshares, Inc.	7,596	79,302
#	Bear Stearns Companies, Inc.	14,007	130,685
	Benjamin Franklin Bancorp, Inc.	5,074	68,499
	Berkshire Hills Bancorp, Inc.	25,284	639,938
	Beverly Hills Bancorp, Inc.	30,525	76,312
*	BGC Partners, Inc. Class A	26,680	237,986
#	Blackrock, Inc.	111,100	24,996,389
* #	BNCCORP., Inc.	494	5,409
#	Boston Private Financial Holdings, Inc.	79,479	670,008
	Brookline Bancorp, Inc.	77,125	775,106
#	Cadence Financial Corp.	26,781	372,524
#	Capital City Bank Group, Inc.	1,010	27,028
#	Capital Corp. of the West	14,185	82,699
#	Capital One Financial Corp.	530,369	25,521,356
#	Capital Southwest Corp.	8,539	1,028,864
#	CapitalSouth Bancorp	100	356
#	Capitol Bancorp, Ltd.	35,099	543,333
	Cardinal Financial Corp.	50,611	434,748
	Cascade Financial Corp.	12,500	112,500
#	Cathay General Bancorp	68,257	1,049,793
	Center Financial Corp.	15,948	149,273
#	Centerstate Banks of Florida, Inc.	400	5,604
*	Central Jersey Bancorp	5,620	44,286

#	Central Pacific Financial Corp.	54,354	810,962
	Centrue Financial Corp.	1,000	17,980
	Century Bancorp, Inc. Class A	600	11,010
	CFS Bancorp, Inc.	14,248	203,461
	Chemical Financial Corp.	34,775	848,510
	Chubb Corp.	555,965	29,888,678
	Cincinnati Financial Corp.	273,147	9,565,608
	CIT Group, Inc.	21,450	214,500
#	Citigroup, Inc.	208,300	4,559,687
	Citizens Community Bancorp, Inc.	10,355	88,691
	Citizens First Bancorp, Inc.	8,013	59,376
#	Citizens Holding Co.	300	6,075
#	Citizens Republic Bancorp, Inc.	103,339	572,498
	Citizens South Banking Corp.	1,842	16,891
	City Holding Co.	1,577	67,843
#	City National Corp.	71,600	3,465,440
	CNA Financial Corp.	376,100	11,429,679
*	CNA Surety Corp.	78,495	1,148,382
	Codorus Valley Bancorp, Inc.	315	4,968
	Colony Bankcorp, Inc.	300	3,390
	Columbia Banking System, Inc.	30,847	824,540
#	Comerica, Inc.	201,512	7,492,216
	Commonwealth Bankshares, Inc.	800	11,800
* #	Community Bancorp	1,000	7,990
	Community Bank System, Inc.	47,100	1,136,523
	Community Trust Bancorp, Inc.	26,863	823,082
	Community West Bancshares	400	3,496
* #	CompuCredit Corp.	37,805	347,050
*	Conseco, Inc.	209,495	2,444,807
* #	Consumer Portfolio Services, Inc.	19,578	55,797
*	Core-Mark Holding Co., Inc.	22,071	640,942
#	Corus Bankshares, Inc.	76,384	439,208
#	Countrywide Financial Corp.	247,096	1,299,725
* #	Cowen Group, Inc.	4,356	34,587
	Crawford & Co. Class A	1,200	6,240
* #	Crescent Financial Corp.	18,540	131,819
*	Dearborn Bancorp, Inc.	5,475	33,124
	Delphi Financial Group, Inc. Class A	73,650	2,127,748
	Dime Community Bancshares	20,412	371,090
	Discover Financial Services	91,700	1,572,655
	Donegal Group, Inc. Class A	39,800	712,818
	Donegal Group, Inc. Class B	300	5,527
* #	E*TRADE Financial Corp.	35,127	144,021
#	East West Bancorp, Inc.	30,863	408,626
	Eastern Insurance Holdings, Inc.	21,190	346,456
	Eastern Virginia Bankshares, Inc.	300	5,055
	EMC Insurance Group, Inc.	24,800	695,144
* #	Encore Capital Group, Inc.	32,872	347,457
#	Enterprise Financial Services Corp.	2,033	40,762
	ESB Financial Corp.	1,000	10,790
*	ESSA Bancorp, Inc.	4,820	60,250
#	F.N.B. Corp.	30,495	457,120
	Farmers Capital Bank Corp.	700	17,332
	FBL Financial Group, Inc. Class A	49,686	1,334,069
#	Federal Agriculture Mortgage Corp. Class A	277	4,836

	Federal Agriculture Mortgage Corp. Class C	13,100	379,376
	Federal National Mortgage Association	151,800	4,101,636
	Fidelity Bancorp, Inc.	400	5,500
	Fidelity National Financial, Inc.	316,027	5,404,062
	Fidelity Southern Corp.	9,015	58,417
	Fifth Third Bancorp	1,011,926	18,923,016
#	Financial Federal Corp.	28,191	684,759
	Financial Institutions, Inc.	2,950	54,310
* #	First Acceptance Corp.	12,000	39,240
	First American Corp.	155,240	5,211,407
	First Bancorp	5,805	97,582
	First Bancorp, Inc.	470	8,404
#	First Busey Corp.	62,249	1,134,177
	First Citizens BancShares, Inc.	11,267	1,796,410
#	First Commonwealth Financial Corp.	102,690	1,152,182
	First Community Bancshares, Inc.	2,977	101,188
	First Defiance Financial Corp.	10,177	196,823
	First Federal Bancshares of Arkansas, Inc.	1,300	16,289
	First Financial Bancorp	2,961	33,726
#	First Financial Corp.	26,976	883,464
	First M&F Corp.	300	4,194
	First Merchants Corp.	31,341	775,690
*	First Mercury Financial Corp.	17,000	300,220
	First Niagara Financial Group, Inc.	191,382	2,711,883
	First PacTrust Bancorp, Inc.	900	14,373
	First Place Financial Corp.	24,803	315,742
*	First Regional Bancorp	16,120	172,000
	First Security Group, Inc.	2,120	16,621
#	First State Bancorporation	22,200	172,050
	Firstbank Corp.	210	2,646
*	FirstCity Financial Corp.	10,996	47,943
#	Flagstar Bancorp, Inc.	110,500	524,875
	Flushing Financial Corp.	38,496	755,292
	FNB United Corp.	18,948	190,617
*	FPIC Insurance Group, Inc.	10,600	482,406
* #	Franklin Bank Corp.	20,400	20,808
#	Fulton Financial Corp.	210,553	2,657,179
	Gateway Financial Holdings, Inc.	23,241	230,783
	Genworth Financial, Inc.	705,238	15,585,760
	German American Bancorp, Inc.	16,936	211,361
*	Golfsmith International Holdings, Inc.	177	381
#	Greene Bancshares, Inc.	14,688	284,507
	GS Financial Corp.	400	7,080
* #	Guaranty Bancorp	105,446	631,622
*	Guaranty Financial Group, Inc.	13,066	82,316
*	Hallmark Financial Services, Inc.	20,100	255,270
	Hancock Holding Co.	1,500	66,735
	Hanmi Financial Corp.	28,759	184,058
	Hanover Insurance Group, Inc.	96,080	4,429,288
	Harleysville Group, Inc.	47,300	1,845,173
#	Harleysville National Corp.	66,017	895,191
	Harrington West Financial Group, Inc.	400	2,244
*	Harris & Harris Group, Inc.	20,057	159,854
	Hartford Financial Services Group, Inc.	468,816	33,318,753
	HCC Insurance Holdings, Inc.	182,223	4,338,730

	Heartland Financial USA, Inc.	1,494	34,960
#	Heritage Commerce Corp.	19,751	314,436
	Heritage Financial Corp.	11,269	188,981
	Hingham Institution for Savings	500	14,375
	HMN Financial, Inc.	4,096	67,994
#	Home Bancshares, Inc.	27,010	621,230
	Home Federal Bancorp, Inc.	10,980	128,466
	HopFed Bancorp, Inc.	1,719	23,808
	Horace Mann Educators Corp.	68,828	1,121,208
#	Horizon Financial Corp.	17,341	187,630
	Hudson City Bancorp, Inc.	685,228	12,197,058
#	Huntington Bancshares, Inc.	94,200	839,322
#	IBERIABANK Corp.	21,918	1,155,955
#	Imperial Capital Bancorp, Inc.	5,900	59,118
#	Independence Holding Co.	17,700	242,313
#	Independent Bank Corp. (MI)	42,610	256,086
	Infinity Property & Casualty Corp.	32,000	1,290,240
#	Integra Bank Corp.	42,852	615,783
	Intervest Bancshares Corp.	4,555	39,947
#	Irwin Financial Corp.	31,000	127,410
#	Janus Capital Group, Inc.	173,199	5,022,771
	JPMorgan Chase & Co.	3,240,748	139,352,164
	KeyCorp	634,041	12,344,778
#	K-Fed Bancorp	107	1,218
*	Knight Capital Group, Inc.	100,607	1,791,811
* #	LaBranche & Co., Inc.	2,500	16,750
#	Lakeland Bancorp, Inc.	43,159	636,164
#	LandAmerica Financial Group, Inc.	11,300	336,514
	Landmark Bancorp, Inc.	1,470	36,735
	Legacy Bancorp, Inc.	21,179	285,917
	Legg Mason, Inc.	145,493	7,828,978
#	Lehman Brothers Holdings, Inc.	632,700	23,289,687
	Leucadia National Corp.	285,600	15,508,080
	Lincoln National Corp.	320,583	17,683,358
#	LNB Bancorp, Inc.	12,489	137,379
#	Loews Corp.	763,597	37,851,503
	LSB Corp.	800	12,720
#	M&T Bank Corp.	55,802	4,835,801
#	Macatawa Bank Corp.	32,567	292,777
	MainSource Financial Group, Inc.	39,383	660,847
* #	Marlin Business Services, Inc.	9,200	65,688
	Marshall & Ilsley Corp.	339,980	7,901,135
#	MB Financial, Inc.	59,049	1,681,125
#	MBT Financial Corp.	24,831	210,070
#	MCG Capital Corp.	68,639	393,301
	Meadowbrook Insurance Group, Inc.	75,160	516,349
	Medallion Financial Corp.	20,360	196,474
	Mercantile Bank Corp.	3,200	26,912
	Mercer Insurance Group, Inc.	14,397	256,986
	Mercury General Corp.	15,952	811,319
	Merrill Lynch & Co., Inc.	188,916	8,297,191
	MetLife, Inc.	1,070,900	64,286,127
	MetroCorp Bancshares, Inc.	1,700	21,845
	MicroFinancial, Inc.	4,100	15,088
#	Midwest Banc Holdings, Inc.	50,922	447,095

	Morgan Stanley	79,249	3,505,183
	MutualFirst Financial, Inc.	2,300	23,460
	Nara Bancorp, Inc.	50,285	639,625
#	National City Corp.	750,400	4,382,336
#	National Penn Bancshares, Inc.	137,707	2,357,544
#	National Western Life Insurance Co. Class A	700	165,046
	Nationwide Financial Services, Inc.	77,000	3,929,310
* #	Navigators Group, Inc.	28,893	1,458,808
	Nelnet, Inc. Class A	16,300	214,997
	New Hampshire Thrift Bancshares, Inc.	2,300	27,462
	New Westfield Financial, Inc.	12,278	120,570
	New York Community Bancorp, Inc.	506,224	10,387,716
	NewAlliance Bancshares, Inc.	185,060	2,479,804
	NewBridge Bancorp	5,501	50,884
*	Newtek Business Services, Inc.	4,457	4,591
* #	NexCen Brands, Inc.	16,490	10,885
*	Nexity Financial Corp.	4,077	22,750
	Northeast Community Bancorp, Inc.	18,337	212,709
	Northrim Bancorp, Inc.	5,915	110,906
#	NYMAGIC, Inc.	13,520	307,039
	OceanFirst Financial Corp.	12,175	249,953
	Odyssey Re Holdings Corp.	126,009	4,730,378
#	Old National Bancorp	65,900	1,151,932
	Old Republic International Corp.	407,212	6,128,541
#	PAB Bankshares, Inc.	300	3,468
#	Pacific Capital Bancorp	74,680	1,489,119
	Pacific Mercantile Bancorp	15,114	138,142
*	Pacific Premier Bancorp, Inc.	300	2,175
#	PacWest Bancorp	37,100	782,068
	Pamrapo Bancorp, Inc.	1,300	19,513
#	Park National Corp.	19,846	1,407,081
	Parkvale Financial Corp.	200	5,246
* # l	Pelican Financial, Inc. Escrow Shares	300	—
*	Penn Treaty American Corp.	53,082	265,410
*	Pennsylvania Commerce Bancorp, Inc.	900	24,174
	Peoples Bancorp of North Carolina	300	4,125
	Peoples Bancorp, Inc.	21,610	511,941
	People’s United Financial, Inc.	8,263	136,587
* #	Pico Holdings, Inc.	37,338	1,548,033
* #	Pinnacle Financial Partners, Inc.	38,859	1,044,919
*	Piper Jaffray Companies, Inc.	3,100	117,800
* #	PMA Capital Corp. Class A	38,757	386,795
	Porter Bancorp, Inc.	800	14,360
	Premier Financial Bancorp, Inc.	900	10,341
	Presidential Life Corp.	23,958	422,140
	Princeton National Bancorp, Inc.	200	5,586
	Principal Financial Group, Inc.	13,157	708,899
*	ProAssurance Corp.	54,633	2,798,849
	ProCentury Corp.	25,751	453,475
#	Prosperity Bancshares, Inc.	75,055	2,397,257
	Protective Life Corp.	127,773	5,363,911
#	Provident Bankshares Corp.	16,461	157,367
	Provident Financial Holdings, Inc.	9,189	118,814
	Provident Financial Services, Inc.	68,965	1,084,819
#	Provident New York Bancorp	83,400	1,085,034

	Prudential Financial, Inc.	478,438	35,739,319
#	Pulaski Financial Corp.	4,833	54,855
	Rainier Pacific Financial Group, Inc.	15,717	204,635
	Regions Financial Corp.	182,601	3,253,950
	Reinsurance Group of America, Inc.	109,800	5,645,916
	Renasant Corp.	44,612	1,035,891
	Republic Bancorp, Inc. Class A	1,900	47,310
*	Republic First Bancorp, Inc.	744	3,467
#	Resource America, Inc.	24,100	241,964
*	Rewards Network, Inc.	33,030	165,150
	Riverview Bancorp, Inc.	18,645	166,313
#	RLI Corp.	36,760	1,879,906
	Rockville Financial, Inc.	14,403	199,338
	Rome Bancorp, Inc.	14,765	172,751
#	Royal Bancshares of Pennsylvania, Inc. Class A	900	8,559
#	Royal Bank of Canada	1,588	81,321
	SAFECO Corp.	112,344	7,527,048
	Safety Insurance Group, Inc.	29,335	1,134,091
#	Sanders Morris Harris Group, Inc.	59,090	431,357
	Sandy Spring Bancorp, Inc.	35,765	947,057
*	SCPIE Holdings, Inc.	700	19,320
*	Seabright Insurance Holdings	43,650	668,718
#	Seacoast Banking Corp. of Florida	12,076	129,817
#	Security Bank Corp.	37,322	205,271
	Selective Insurance Group, Inc.	82,800	1,811,664
	Shore Bancshares, Inc.	600	14,226
	SI Financial Group, Inc.	3,064	30,058
	Simmons First National Corp. Class A	25,400	772,922
	Somerset Hills Bancorp	840	8,812
#	South Financial Group, Inc.	81,953	451,561
*	Southcoast Financial Corp.	300	4,314
	Southern Community Financial Corp.	28,302	202,642
*	Southern First Bancshares, Inc.	900	12,051
	Southwest Bancorp, Inc.	29,900	507,104
#	Sovereign Bancorp, Inc.	226,127	2,066,801
*	Specialty Underwriters’ Alliance, Inc.	1,000	4,760
	StanCorp Financial Group, Inc.	27,000	1,484,730
	State Auto Financial Corp.	75,393	2,077,077
	StellarOne Corp.	1,488	25,713
	Sterling Financial Corp.	25,182	223,616
	Stewart Information Services Corp.	25,500	603,075
* #	Stratus Properties, Inc.	700	18,543
* #	Sun American Bancorp	560	1,994
*	Sun Bancorp, Inc.	49,249	538,784
	SunTrust Banks, Inc.	498,164	26,009,142
* #	Superior Bancorp	3,175	47,022
#	Susquehanna Bancshares, Inc.	153,978	2,964,077
*	Susser Holdings Corp.	9,900	117,612
	SWS Group, Inc.	41,145	760,360
#	Synovus Financial Corp.	511,500	5,877,135
	Taylor Capital Group, Inc.	14,803	190,219
	Teche Holding Co.	200	7,200
#	Temecula Valley Bancorp, Inc.	4,918	29,606
	TF Financial Corp.	600	14,538
*	The Bancorp, Inc.	9,534	101,537

#	The Colonial BancGroup, Inc.	119,200	730,696
	The Phoenix Companies, Inc.	88,600	897,518
	The Travelers Companies, Inc.	917,301	45,690,763
	The Wilber Corp.	600	5,220
* #	Thomas Weisel Partners Group, Inc.	41,018	279,743
	TIB Financial Corp.	923	5,916
*	Tidelands Bancshares, Inc.	400	3,700
#	TierOne Corp.	24,400	174,948
	Timberland Bancorp, Inc.	3,000	32,940
	Transatlantic Holdings, Inc.	91,903	5,941,529
* #	Triad Guaranty, Inc.	10,200	22,542
#	Trustmark Corp.	59,521	1,188,039
	UMB Financial Corp.	46,740	2,438,426
#	Umpqua Holdings Corp.	103,595	1,444,114
*	Unico American Corp.	1,900	17,822
#	Union Bankshares Corp.	26,191	525,130
	UnionBanCal Corp.	120,063	6,010,354
*	United Capital Corp.	300	6,900
#	United Community Banks, Inc.	35,176	367,941
	United Community Financial Corp.	63,001	382,416
	United Financial Bancorp, Inc.	31,481	385,013
	United Fire & Casualty Co.	47,123	1,700,669
*	United PanAm Financial Corp.	13,183	48,909
	United Western Bancorp, Inc.	18,229	314,633
	Unitrin, Inc.	104,046	3,610,396
	Unity Bancorp, Inc.	2,786	21,926
*	Universal American Corp.	46,291	534,661
#	Univest Corporation of Pennsylvania	17,567	431,446
	Unum Group	553,200	13,321,056
#	Vineyard National Bancorp Co.	13,010	39,420
	W. R. Berkley Corp.	179,890	4,873,220
#	Wachovia Corp.	1,339,554	31,881,385
#	Washington Federal, Inc.	100,332	2,246,433
	Webster Financial Corp.	90,870	2,359,894
	Wesbanco, Inc.	41,466	912,252
	Wesco Financial Corp.	12,923	5,505,198
	West Coast Bancorp	3,775	43,677
* #	Western Alliance Bancorp	25,600	271,104
	White Mountains Insurance Group, Ltd.	18,689	8,914,653
* #	White River Capital, Inc.	300	3,815
	Whitney Holding Corp.	110,005	2,499,314
	Willow Financial Bancorp, Inc.	33,451	321,464
	Wilshire Bancorp, Inc.	17,744	158,454
	Wintrust Financial Corp.	40,447	1,261,137
* #	WSB Financial Group, Inc.	1,004	3,675
	WSB Holdings, Inc.	100	585
	Yadkin Valley Financial Corp.	12,039	182,872
	Zenith National Insurance Corp.	63,800	2,574,330
#	Zions Bancorporation	161,212	6,946,625
* #	ZipRealty, Inc.	9,816	47,215
Total Financials			1,190,735,978

Health Care — (1.8%)
*	Adolor Corp.	6,302	35,732
	Aetna, Inc.	57,795	2,725,612

*	Albany Molecular Research, Inc.	34,810	486,644
*	Allied Healthcare International, Inc.	63,476	111,718
*	Allion Healthcare, Inc.	27,600	165,048
#	Alpharma, Inc. Class A	78,630	1,980,690
* #	American Dental Partners, Inc.	2,650	31,853
*	AMICAS, Inc.	99,113	272,561
*	AngioDynamics, Inc.	45,817	709,705
* #	APP Pharmaceuticals, Inc.	34,028	451,211
*	Applera Corp. - Celera Group	144,300	1,858,584
*	Apria Healthcare Group, Inc.	66,300	1,117,155
* #	Arqule, Inc.	2,100	8,988
*	Arrhythmia Research Technology, Inc.	1,200	6,912
*	Assisted Living Concepts, Inc.	42,910	287,497
* #	ATS Medical, Inc.	8,800	19,360
*	Avigen, Inc.	3,116	9,255
*	BioScrip, Inc.	65,100	279,279
*	Boston Scientific Corp.	469,517	6,239,881
*	Bruker BioSciences Corp.	4,171	48,550
* #	Caliper Life Sciences, Inc.	33,998	121,713
	Cambrex Corp.	5,500	33,825
*	Cantel Medical Corp.	30,908	330,716
*	Capital Senior Living Corp.	38,523	309,725
*	Cardiac Science Corp.	37,674	355,643
*	Community Health Systems, Inc.	152,174	5,482,829
*	Conmed Corp.	49,672	1,325,746
*	Continucare Corp.	12,328	27,122
	Cooper Companies, Inc.	81,556	3,298,940
*	Cross Country Healthcare, Inc.	36,400	563,108
*	Digirad Corp.	39,829	89,217
* #	Emisphere Technologies, Inc.	100	184
*	Evotec AG Sponsored ADR	9,445	36,552
*	Gentiva Health Services, Inc.	57,143	1,150,860
*	Greatbatch, Inc.	47,100	883,125
*	Hanger Orthopedic Group, Inc.	9,000	117,000
*	Healthspring, Inc.	86,917	1,614,918
*	HealthTronics, Inc.	54,699	206,762
*	Hill-Rom Holdings, Inc.	84,755	2,606,216
* #	Hi-Tech Pharmacal Co., Inc.	27,630	254,196
* #	Hologic, Inc.	119,000	2,859,570
*	Home Diagnostics, Inc.	10,786	85,641
	Hooper Holmes, Inc.	45,022	43,671
#	Invacare Corp.	49,400	898,092
*	Iridex Corp.	6,496	15,136
	Kewaunee Scientific Corp.	1,631	29,325
*	Kindred Healthcare, Inc.	43,700	1,205,683
*	King Pharmaceuticals, Inc.	422,620	4,336,081
*	Langer, Inc.	12,547	17,942
*	Lannet Co., Inc.	8,300	32,370
*	Lexicon Pharmaceuticals, Inc.	24,800	52,328
* #	LifePoint Hospitals, Inc.	80,208	2,565,854
* #	Magyar Bancorp, Inc.	500	5,245
* #	Martek Biosciences Corp.	4,700	177,472
*	Maxygen, Inc.	10,167	59,884
*	MedCath Corp.	39,208	850,814
*	Medical Staffing Network Holdings, Inc.	31,839	132,769

* #	Nabi Biopharmaceuticals	12,200	50,508
*	National Dentex Corp.	400	4,556
* #	Neurocrine Biosciences, Inc.	41,552	204,851
* #	Neurogen Corp.	500	415
* #	NovaMed, Inc.	33,306	130,893
*	Nutraceutical International Corp.	25,992	343,874
	Omnicare, Inc.	74,400	1,821,312
*	Orchid Cellmark, Inc.	3,350	9,481
*	Osteotech, Inc.	25,510	156,121
*	Par Pharmaceutical Companies, Inc.	46,800	853,632
*	Parexel International Corp.	540	13,279
*	PDI, Inc.	15,176	125,202
#	Perrigo Co.	1,900	69,559
*	Pharmanet Development Group, Inc.	28,040	473,315
*	Prospect Medical Holdings, Inc.	14,274	52,528
*	RehabCare Group, Inc.	27,481	466,353
*	Res-Care, Inc.	21,260	405,428
* #	Spectrum Pharmaceuticals, Inc.	2,300	4,140
*	SRI/Surgical Express, Inc.	1,600	6,096
*	SunLink Health Systems, Inc.	500	2,425
*	Symmetry Medical, Inc.	18,200	269,542
*	Synovis Life Technologies, Inc.	1,836	35,949
*	Theragenics Corp.	32,183	126,479
* #	Urologix, Inc.	10,890	13,830
* #	ViroPharma, Inc.	121,267	1,162,951
* #	Vital Images, Inc.	36,373	561,963
*	Watson Pharmaceuticals, Inc.	124,489	3,555,406
*	WellPoint, Inc.	299,492	16,717,643
	Young Innovations, Inc.	990	20,255
Total Health Care			76,680,495

Industrials — (10.3%)
*	A. T. Cross Co. Class A	8,500	69,785
	A.O. Smith Corp.	34,400	1,243,560
* #	Acco Brands Corp.	11,174	171,409
* #	Accuride Corp.	61,000	472,750
	Aceto Corp.	31,800	250,266
*	AGCO Corp.	91,300	5,517,259
*	Air Transport Services Group, Inc.	1,746	2,881
* #	Airtran Holdings, Inc.	18,910	56,730
	Alamo Group, Inc.	20,383	471,866
* #	Alaska Air Group, Inc.	78,900	1,540,917
	Alexander & Baldwin, Inc.	75,919	3,907,551
* #	Allied Defense Group, Inc.	14,761	104,803
*	Allied Waste Industries, Inc.	590,256	7,950,748
* #	Amerco, Inc.	29,916	1,780,301
#	American Woodmark Corp.	25,023	563,768
	Ameron International Corp.	7,300	837,091
	Ampco-Pittsburgh Corp.	2,100	97,986
* #	AMR Corp.	2,200	15,818
#	Amrep Corp.	1,419	70,964
	Angelica Corp.	17,731	384,940
	Apogee Enterprises, Inc.	8,500	201,790
	Applied Industrial Technologies, Inc.	53,325	1,466,971
	Applied Signal Technologies, Inc.	17,902	276,944

*	Argon ST, Inc.	21,980	530,597
#	Arkansas Best Corp.	34,200	1,270,872
* #	Arotech Corp.	22,898	53,123
*	Avis Budget Group, Inc.	103,618	1,442,363
*	Axsys Technologies, Inc.	12,900	763,164
*	Baldwin Technology Co., Inc. Class A	17,977	56,628
	Barrett Business Services, Inc.	14,300	188,045
* #	Beacon Roofing Supply, Inc.	72,525	885,530
#	Belden, Inc.	38,250	1,602,293
#	BlueLinx Holdings, Inc.	43,806	208,517
	Bowne & Co., Inc.	19,714	303,004
#	Briggs & Stratton Corp.	73,261	1,080,600
* #	Builders FirstSource, Inc.	43,693	319,833
	Burlington Northern Santa Fe Corp.	493,950	55,841,048
#	C&D Technologies, Inc.	37,377	230,990
	CDI Corp.	29,909	852,407
*	Celadon Group, Inc.	33,733	384,556
	Champion Industries, Inc.	3,986	19,412
	CIRCOR International, Inc.	18,850	1,006,779
*	Commercial Vehicle Group, Inc.	32,896	458,570
*	Cornell Companies, Inc.	3,700	82,288
*	Covenant Transport Group Class A	4,818	22,837
*	CPI Aerostructures, Inc.	5,926	46,756
	CSX Corp.	703,520	48,585,091
	Cubic Corp.	32,800	829,184
#	Deere & Co.	4,600	374,164
*	Delta Air Lines, Inc.	106,300	653,745
* #	Dollar Thrifty Automotive Group, Inc.	22,900	320,600
	DRS Technologies, Inc.	8,650	681,447
*	Ducommun, Inc.	19,878	629,536
#	Eastern Co.	8,092	133,154
	Electro Rent Corp.	54,504	769,596
#	Encore Wire Corp.	35,480	803,622
*	EnerSys	60,639	1,892,543
	Ennis, Inc.	48,199	910,479
*	EnPro Industries, Inc.	27,955	1,120,996
	Espey Manufacturing & Electronics Corp.	850	19,295
*	Esterline Technologies Corp.	51,094	3,164,251
*	Exponent, Inc.	1,600	52,192
* #	ExpressJet Holdings, Inc.	51,800	105,154
	Federal Signal Corp.	81,590	1,099,833
*	First Advantage Corp.	5,062	101,594
* #	Flanders Corp.	18,900	135,324
* #	Frontier Airlines Holdings, Inc.	6,100	1,434
	Frozen Food Express Industries, Inc.	6,500	51,350
	G & K Services, Inc. Class A	32,639	1,142,039
* #	Gardner Denver Machinery, Inc.	4,005	212,505
	GATX Corp.	73,797	3,638,930
* #	Gehl Co.	13,520	216,320
*	GP Strategies Corp.	3,517	35,029
#	Greenbrier Companies, Inc.	32,834	861,893
* #	Griffon Corp.	25,670	232,057
	Hardinge, Inc.	20,249	284,498
* #	Henry Bros. Electronics, Inc.	8,600	55,040
*	Herley Industries, Inc.	5,800	93,206

*	Hudson Highland Group, Inc.	17,980	225,289
*	Huttig Building Products, Inc.	23,350	54,639
*	ICT Group, Inc.	2,200	23,320
	IKON Office Solutions, Inc.	186,600	2,255,994
*	Industrial Distribution Group, Inc.	1,300	15,704
* #	Innovative Solutions & Support, Inc.	1,200	9,288
* #	Insituform Technologies, Inc. Class A	57,301	1,056,630
	Insteel Industries, Inc.	4,729	75,806
*	International Shipholding Corp.	4,200	99,876
*	Intersections, Inc.	35,048	328,750
* #	JetBlue Airways Corp.	110,700	439,479
*	Kadant, Inc.	5,957	159,231
	Kaman Corp. Class A	38,097	986,712
*	Kansas City Southern	66,400	3,317,344
	Kelly Services, Inc. Class A	52,865	1,110,165
	Kennametal, Inc.	5,210	201,367
*	Key Technology, Inc.	5,079	185,739
*	Kforce, Inc.	36,371	336,432
*	K-Tron International, Inc.	70	9,575
	L.S. Starrett Co. Class A	2,100	47,838
	Lawson Products, Inc.	3,300	85,767
*	LECG Corp.	46,264	467,266
*	LGL Group, Inc.	400	2,920
	LSI Industries, Inc.	7,550	80,332
*	Lydall, Inc.	7,000	107,380
* #	M&F Worldwide Corp.	29,969	1,072,591
*	Mac-Gray Corp.	10,800	113,616
*	MAIR Holdings, Inc.	1,415	5,943
*	Marten Transport, Ltd.	45,793	820,611
* #	Medialink Worldwide, Inc.	11,000	11,220
*	Merrimac Industries, Inc.	2,600	18,070
* #	Mesa Air Group, Inc.	17,800	12,816
*	Miller Industries, Inc.	12,310	137,749
*	Misonix, Inc.	8,471	30,496
* #	Mobile Mini, Inc.	49,431	1,194,747
*	MTC Technologies, Inc.	20,973	499,787
	Mueller Industries, Inc.	38,242	1,368,681
#	Mueller Water Products, Inc.	35,533	359,949
#	Mueller Water Products, Inc. Class B	130,035	1,287,347
	NACCO Industries, Inc. Class A	10,965	952,420
*	Nashua Corp.	400	3,776
*	National Technical Systems, Inc.	14,800	82,140
* #	NCI Building Systems, Inc.	22,800	712,272
	Norfolk Southern Corp.	661,000	44,538,180
	Northrop Grumman Corp.	234,510	17,696,125
*	On Assignment, Inc.	23,009	191,895
* #	Orbital Sciences Corp.	25,013	649,337
*	Owens Corning, Inc.	185,022	4,779,118
*	P.A.M. Transportation Services, Inc.	18,890	276,927
*	Paragon Technologies, Inc.	3,771	24,662
*	Park-Ohio Holdings Corp.	20,876	313,558
*	Patrick Industries, Inc.	1,300	9,438
	Pentair, Inc.	79,800	2,986,914
* #	PHH Corp.	86,557	1,629,868
* #	Plug Power, Inc.	166,571	523,033

	Portec Rail Products, Inc.	11,395	138,449
	Providence & Worcester Railroad Co.	1,000	20,000
*	Quanex Building Products Corp.	2,800	49,280
#	R. R. Donnelley & Sons Co.	307,430	10,092,927
	Raytheon Co.	353,900	22,600,054
*	RCM Technologies, Inc.	23,140	99,965
	Regal-Beloit Corp.	53,220	2,474,730
*	Republic Airways Holdings, Inc.	48,800	594,384
	Robbins & Myers, Inc.	2,060	83,409
*	Rush Enterprises, Inc. Class A	31,175	504,412
*	Rush Enterprises, Inc. Class B	17,222	259,019
	Ryder System, Inc.	104,780	7,693,995
*	Saia, Inc.	10,800	150,228
	Schawk, Inc.	54,416	910,924
* #	School Specialty, Inc.	37,902	1,189,744
	Servidyne, Inc.	6,937	42,246
	Skywest, Inc.	112,032	1,732,015
	Southwest Airlines Co.	1,077,730	14,075,154
*	Sparton Corp.	1,700	7,820
* #	Spherion Corp.	22,800	114,684
#	SPX Corp.	66,000	8,770,080
	Standex International Corp.	25,800	532,770
* #	Superior Essex, Inc.	11,404	496,074
	Supreme Industries, Inc.	1,610	7,503
	Sypris Solutions, Inc.	24,850	111,577
*	SYS Technologies	4,799	11,758
	Technology Research Corp.	13,283	39,849
	Tecumseh Products Co. Class A	11,200	390,992
	Timken Co.	150,800	5,523,804
	Todd Shipyards Corp.	9,932	145,404
* #	TRC Companies, Inc.	30,673	158,886
	Tredegar Industries, Inc.	50,900	743,649
* #	Trex Co., Inc.	3,400	38,080
#	Trinity Industries, Inc.	91,550	3,739,818
	Triumph Group, Inc.	5,400	335,826
	UAL Corp.	116,544	995,286
	Union Pacific Corp.	902,570	74,290,537
*	United Rentals, Inc.	66,185	1,362,749
#	Universal Forest Products, Inc.	31,400	1,065,402
* #	US Airways Group, Inc.	1	4
*	USA Truck, Inc.	5,321	68,002
	Viad Corp.	34,729	1,145,362
*	Volt Information Sciences, Inc.	45,263	677,134
	Wabash National Corp.	59,700	512,226
#	Watts Water Technologies, Inc.	63,315	1,795,613
*	WCA Waste Corp.	29,283	161,349
#	Werner Enterprises, Inc.	115,482	2,187,229
*	Westaff, Inc.	25,026	51,053
* #	Willdan Group, Inc.	1,000	5,400
*	Willis Lease Finance Corp.	2,900	31,958
* #	YRC Worldwide, Inc.	48,891	853,637
Total Industrials			427,381,990

Information Technology — (6.6%)
*	3Com Corp.	303,573	765,004
* #	Access Integrated Technologies, Inc.	25,286	54,365
*	Actel Corp.	33,263	570,460
*	ActivIdentity Corp.	72,321	205,392
	Acxiom Corp.	52,404	768,767
*	Adaptec, Inc.	245,000	791,350
* #	Advanced Micro Devices, Inc.	334,100	2,298,608
#	Agilysys, Inc.	29,757	310,663
*	Anaren, Inc.	25,319	329,400
* #	Applied Micro Circuits Corp.	97,859	959,997
* #	Arris Group, Inc.	59,459	556,536
*	Arrow Electronics, Inc.	212,670	6,520,462
	Astro-Med, Inc.	1,900	19,000
*	Autobytel, Inc.	32,500	54,275
* #	Avid Technology, Inc.	62,223	1,335,306
*	Avnet, Inc.	167,600	4,947,552
*	Avocent Corp.	52,800	1,041,744
	AVX Corp.	304,940	4,061,801
*	Aware, Inc.	19,335	69,993
*	Axcelis Technologies, Inc.	213,776	1,220,661
*	AXT, Inc.	30,700	141,834
* #	BearingPoint, Inc.	17,200	23,392
	Bel Fuse, Inc. Class A	3,894	119,351
	Bel Fuse, Inc. Class B	17,850	467,492
* #	Benchmark Electronics, Inc.	111,103	1,974,300
	Black Box Corp.	28,500	817,950
*	Bookham, Inc.	5,300	10,759
* #	Borland Software Corp.	101,800	143,538
* #	Brooks Automation, Inc.	92,404	941,597
*	CACI International, Inc. Class A	3,400	173,298
*	CalAmp Corp.	38,667	97,054
*	California Micro Devices Corp.	42,662	152,303
* #	CallWave, Inc.	39,103	95,020
*	Captaris, Inc.	35,573	155,098
*	Cascade Microtech, Inc.	20,471	160,697
*	Catalyst Semiconductor, Inc.	27,899	125,546
*	Catapult Communications Corp.	29,376	216,501
*	CEVA, Inc.	16,274	136,213
*	Checkpoint Systems, Inc.	25,700	667,429
*	Ciber, Inc.	31,700	222,534
*	Cirrus Logic, Inc.	51,161	335,616
* #	CMGI, Inc.	77,660	1,163,347
	Cohu, Inc.	50,345	861,403
* #	Comarco, Inc.	4,690	15,102
	Communications Systems, Inc.	4,872	53,836
*	Computer Sciences Corp.	233,293	11,466,351
*	Convergys Corp.	244,450	3,942,979
*	Credence Systems Corp.	133,053	143,697
*	CSP, Inc.	1,614	9,474
	CTS Corp.	34,200	372,096
*	Cyberoptics Corp.	19,485	174,586
	Dataram Corp.	11,134	36,186
*	DDi Corp.	127	795
*	Digi International, Inc.	60,805	548,461
* #	Ditech Networks, Inc.	43,700	104,006
*	Dot Hill Systems Corp.	100,590	301,770

*	DSP Group, Inc.	25,079	209,159
*	Dynamics Research Corp.	17,374	186,249
*	Edgewater Technology, Inc.	8,693	44,682
*	EFJ, Inc.	15,719	23,264
*	Electro Scientific Industries, Inc.	34,300	541,940
	Electronic Data Systems Corp.	863,039	21,135,825
*	Electronics for Imaging, Inc.	20,700	342,999
* #	EMCORE Corp.	14,100	110,826
*	EMS Technologies, Inc.	13,200	361,416
*	Endwave Corp.	17,252	118,004
*	Entegris, Inc.	126,900	975,861
*	Entertainment Distribution Co., Inc.	44	20
*	Entorian Technologies, Inc.	4,167	4,375
* #	Euronet Worldwide, Inc.	58,791	1,149,952
* #	Exar Corp.	14,580	114,599
*	Fairchild Semiconductor Corp. Class A	115,466	1,731,990
	Frequency Electronics, Inc.	17,253	115,595
*	FSI International, Inc.	8,917	15,605
*	Gerber Scientific, Inc.	50,097	501,471
	Gevity HR, Inc.	30,736	229,598
*	Globecomm Systems, Inc.	9,488	92,128
*	Glu Mobile, Inc.	1,000	4,930
*	GTSI Corp.	8,203	63,081
*	Hackett Group, Inc.	51,020	269,386
*	Harris Stratex Networks, Inc. Class A	25,717	289,059
	Hewlett-Packard Co.	1,368,545	64,403,728
*	hi/fn, Inc.	14,705	74,407
* #	Hutchinson Technology, Inc.	53,600	771,840
*	Hypercom Corp.	28,600	139,282
* #	I.D. Systems, Inc.	1,000	7,360
* #	Ikanos Communications	26,124	93,001
	Imation Corp.	66,191	1,731,557
*	InFocus Corp.	26,671	45,607
	InfoSpace, Inc.	58,200	531,366
*	Ingram Micro, Inc.	299,279	5,425,928
*	Insight Enterprises, Inc.	92,603	1,240,880
	Integral Systems, Inc.	10,682	422,900
*	Integrated Device Technology, Inc.	215,810	2,434,337
*	Integrated Silicon Solution, Inc.	23,662	144,338
* #	Internap Network Services Corp.	24,376	128,462
*	International Rectifier Corp.	87,250	2,022,455
*	Internet Brands, Inc.	4,500	31,905
*	Internet Capital Group, Inc.	58,172	585,210
	Intersil Corp.	169,165	4,714,629
*	Interwoven, Inc.	16,300	218,583
*	Intest Corp.	12,966	23,274
*	IntriCon Corp.	482	3,760
* #	iPass, Inc.	111,099	238,863
*	IXYS Corp.	63,086	735,583
	Jabil Circuit, Inc.	17,900	227,688
*	Jaco Electronics, Inc.	296	382
* #	JDS Uniphase Corp.	123,452	1,527,101
*	Jupitermedia Corp.	8,876	16,509
	Keithley Instruments, Inc.	15,151	155,146
* #	Kemet Corp.	12,959	52,225

*	Key Tronic Corp.	17,405	62,658
*	Keynote Systems, Inc.	31,600	426,600
*	Kopin Corp.	110,335	334,315
* #	Kratos Defense & Security Solutions, Inc.	117,903	229,911
* #	L-1 Identity Solutions, Inc.	143,173	2,262,133
*	Lattice Semiconductor Corp.	153,100	545,036
*	Leadis Technolgies, Inc.	19,270	32,181
*	LeCroy Corp.	25,231	218,248
*	Lionbridge Technologies, Inc.	68,900	167,427
*	Logility, Inc.	194	1,277
*	LookSmart, Ltd.	35,780	154,927
*	Loral Space & Communications, Inc.	17,184	333,198
*	LSI Corp.	121,700	884,759
*	Management Network Group, Inc.	38,306	63,588
*	Mentor Graphics Corp.	52,655	613,431
*	Mercury Computer Systems, Inc.	48,333	428,714
*	Merix Corp.	16,700	41,750
	Methode Electronics, Inc.	75,771	866,820
* #	Micron Technology, Inc.	807,116	6,513,426
*	Microtune, Inc.	5,400	22,572
*	MIPS Technologies, Inc.	32,000	122,240
*	MIVA, Inc.	5,000	8,500
*	MKS Instruments, Inc.	110,590	2,605,500
*	Moldflow Corp.	697	15,334
* #	MoSys, Inc.	23,049	115,245
*	MPS Group, Inc.	128,700	1,477,476
* #	MRV Communications, Inc.	55,000	97,900
*	Multi-Fineline Electronix, Inc.	16,900	338,845
*	Nanometrics, Inc.	47,970	378,483
*	NetScout Systems, Inc.	21,125	268,499
* #	Network Equipment Technologies, Inc.	14,285	69,854
*	Newport Corp.	56,016	749,494
* #	Novellus Systems, Inc.	38,778	926,406
*	Nu Horizons Electronics Corp.	14,932	85,859
	Openwave Systems, Inc.	62,500	123,750
*	Oplink Communications, Inc.	43,899	486,401
*	OPNET Technologies, Inc.	23,600	223,020
*	Optical Cable Corp.	7,880	49,723
*	OSI Systems, Inc.	13,100	330,251
*	Overland Storage, Inc.	3,499	3,674
*	OYO Geospace Corp.	1	56
*	Packeteer, Inc.	28,193	200,170
*	Palm, Inc.	19,130	115,928
*	PAR Technology Corp.	22,375	210,325
*	PC Connection, Inc.	49,754	541,821
	PC-Tel, Inc.	62,853	621,616
*	Perceptron, Inc.	1,800	15,606
*	Performance Technologies, Inc.	24,251	134,351
*	Pericom Semiconductor Corp.	22,633	424,142
* #	Perot Systems Corp.	95,861	1,583,624
*	Pervasive Software, Inc.	36,268	169,372
*	Phoenix Technologies, Ltd.	5,436	58,165
*	Photon Dynamics, Inc.	7,160	91,075
*	Photronics, Inc.	43,100	387,038
*	Planar Systems, Inc.	19,562	64,946

*	PlanetOut, Inc.	340	938
*	PLATO Learning, Inc.	39,213	103,130
* #	Powerwave Technologies, Inc.	158,583	639,089
* #	Presstek, Inc.	3,498	21,828
* l	Price Communications Liquidation Trust	47,738	6,520
	Qualstar Corp.	700	2,093
*	Quantum Corp.	22,449	38,388
* #	RadiSys Corp.	42,445	425,723
*	Radyne Corp.	5,300	59,413
*	RealNetworks, Inc.	224,844	1,641,361
	Relm Wireless Corp.	7,687	12,299
*	RF Micro Devices, Inc.	61,856	247,424
* #	RF Monolithics, Inc.	11,003	24,207
	Richardson Electronics, Ltd.	11,478	64,851
*	Rudolph Technologies, Inc.	43,461	437,218
*	S1 Corp.	84,600	553,284
*	Safeguard Scientifics, Inc.	100,000	138,000
*	Sandisk Corp.	936	26,498
*	Sanmina-SCI Corp.	246,898	370,347
*	SCM Microsystems, Inc.	18,612	55,278
*	Seachange International, Inc.	31,439	247,111
*	Secure Computing Corp.	114,690	611,298
*	Selectica, Inc.	17,241	24,310
*	Semitool, Inc.	4,314	36,194
*	SI International, Inc.	27,199	666,376
*	Silicon Image, Inc.	58,024	407,909
*	Silicon Storage Technology, Inc.	197,920	643,240
*	Skyworks Solutions, Inc.	169,480	1,750,728
* #	Smith Micro Software, Inc.	21,901	184,844
#	Soapstone Networks, Inc.	28,005	149,267
*	SonicWALL, Inc.	22,545	180,360
*	Spectrum Control, Inc.	9,829	89,542
	StarTek, Inc.	26,945	233,074
* #	STEC, Inc.	20,196	257,499
*	SumTotal Systems, Inc.	19,008	88,387
* #	Sun Microsystems, Inc.	123,975	1,605,476
*	SupportSoft, Inc.	45,495	169,696
*	Sycamore Networks, Inc.	517,447	1,754,145
* #	Symantec Corp.	1,197,421	26,019,958
* #	Symmetricom, Inc.	90,908	382,723
* #	SYNNEX Corp.	60,100	1,493,485
*	Tech Data Corp.	101,652	3,719,447
	Technitrol, Inc.	14,000	279,300
*	Technology Solutions Co.	3,555	18,415
*	TechTeam Global, Inc.	13,534	134,663
*	Tellabs, Inc.	391,872	2,131,784
*	Telular Corp.	19,155	69,533
* #	Teradyne, Inc.	24,254	333,250
*	Tessco Technologies, Inc.	9,146	116,337
*	Tier Technologies, Inc. Class B	8,900	73,870
*	Tollgrade Communications, Inc.	15,305	81,423
* #	Track Data Corp.	8,633	22,014
*	Triquint Semiconductor, Inc.	229,314	1,527,231
	TSR, Inc.	1,300	4,641
*	TTM Technologies, Inc.	31,977	465,585

* #	Ultratech, Inc.	41,685	667,377
* #	UTStarcom, Inc.	200,314	961,507
*	Vicon Industries, Inc.	2,310	11,088
*	Vignette Corp.	35,100	454,545
*	Virage Logic Corp.	16,362	108,316
*	Vishay Intertechnology, Inc.	220,219	2,219,808
*	Website Pros, Inc.	49,983	410,360
*	Westell Technologies, Inc.	75,704	107,500
*	White Electronics Designs Corp.	27,184	125,862
*	Winland Electronics, Inc.	300	522
*	Wireless Telecom Group, Inc.	42,288	55,820
*	WPCS International, Inc.	9,861	69,914
	Xerox Corp.	1,251,132	16,990,373
* #	X-Rite, Inc.	3,200	5,632
*	Zoran Corp.	77,932	1,140,145
*	Zygo Corp.	37,321	446,732
Total Information Technology			271,947,432

Materials — (3.0%)
	A. Schulman, Inc.	26,800	605,412
	A.M. Castle & Co.	14,382	472,161
*	American Pacific Corp.	900	15,255
	Ashland, Inc.	112,560	6,041,095
	Bemis Co., Inc.	34,413	915,386
*	Buckeye Technologies, Inc.	22,600	240,464
#	Calgon Carbon Corp.	33,885	600,442
*	Caraustar Industries, Inc.	18,556	42,679
	Chemtura Corp.	420,979	3,675,147
#	Chesapeake Corp.	12,100	41,745
	Cleveland-Cliffs, Inc.	2,000	213,400
* #	Coeur d’Alene Mines Corp.	911,793	2,853,912
* #	Continental Materials Corp.	100	2,285
*	Core Molding Technologies, Inc.	2,088	15,347
	Cytec Industries, Inc.	44,800	2,829,568
	Empire Resources, Inc.	6,650	32,319
	Ferro Corp.	61,100	1,182,896
#	Freeport-McMoRan Copper & Gold, Inc. Class B	110,372	12,771,144
	Friedman Industries, Inc.	10,535	65,844
#	Georgia Gulf Corp.	6,300	26,712
	Gibraltar Industries, Inc.	52,600	848,438
	Glatfelter Co.	46,800	729,144
*	Graphic Packaging Holding Co.	269,352	799,975
	Greif, Inc. Class A	24,000	1,608,960
* #	Headwaters, Inc.	97,580	1,060,695
	International Paper Co.	635,462	17,297,276
	Kaiser Aluminum Corp.	30,295	1,943,424
#	Kronos Worldwide, Inc.	2,919	64,773
#	Louisiana-Pacific Corp.	152,700	1,853,778
*	Material Sciences Corp.	24,611	189,751
	MeadWestavco Corp.	235,151	6,050,435
#	Minerals Technologies, Inc.	19,800	1,378,278
*	Mod-Pac Corp.	2,673	14,220
	Monsanto Co.	24,437	3,113,274
	Myers Industries, Inc.	40,050	486,608
	Neenah Paper, Inc.	23,700	503,625

#	NL Industries, Inc.	88,148	1,013,702
	NN, Inc.	22,500	292,725
*	Northern Technologies International Corp.	3,000	44,340
* #	Northwest Pipe Co.	12,085	567,874
	Olympic Steel, Inc.	2,500	162,450
*	OM Group, Inc.	46,300	2,013,124
*	Owens-Illinois, Inc.	27,100	1,550,662
	Penford Corp.	13,338	290,635
* #	Peoplesupport, Inc.	13,100	121,175
*	PolyOne Corp.	171,354	1,326,280
	Quaker Chemical Corp.	2,900	92,713
*	Ready Mix, Inc.	4,964	28,791
	Reliance Steel & Aluminum Co.	50,700	3,446,079
*	Rock of Ages Corp.	1,200	4,104
	Rock-Tenn Co. Class A	56,380	2,012,202
*	Rosetta Resources, Inc.	79,112	2,130,486
	Schnitzer Steel Industries, Inc. Class A	30,900	3,094,326
	Schweitzer-Maudoit International, Inc.	32,213	657,145
	Sensient Technologies Corp.	21,200	666,740
*	Smurfit-Stone Container Corp.	400,994	2,698,690
	Spartech Corp.	36,000	387,720
	Stepan Co.	15,906	650,396
* #	Stillwater Mining Co.	13,259	190,267
#	Synalloy Corp.	4,408	76,038
	Temple-Inland, Inc.	39,200	571,144
#	Terra Industries, Inc.	43,087	1,879,886
#	Tronox, Inc. Class A	3,100	11,005
	Tronox, Inc. Class B	10,162	33,636
* #	U.S. Concrete, Inc.	72,951	382,993
* #	U.S. Gold Corp.	90,500	195,480
*	Universal Stainless & Alloy Products, Inc.	4,109	162,141
	Valspar Corp.	175,410	3,957,250
	Wausau Paper Corp.	80,700	766,650
#	Westlake Chemical Corp.	99,000	1,717,650
	Weyerhaeuser Co.	315,467	19,663,058
	Worthington Industries, Inc.	6,000	119,640
Total Materials			123,565,064

Other — (0.0%)
* # l	ePresence, Inc. Escrow Shares	6,400	192
* l	Petrocorp, Inc. Escrow Shares	900	54
Total Other			246

Telecommunication Services — (5.4%)
	Arbinet-thexchange, Inc.	17,270	65,626
	AT&T, Inc.	2,740,890	109,361,511
	CenturyTel, Inc.	186,130	6,590,863
	D&E Communications, Inc.	24,213	233,171
	FairPoint Communications, Inc.	107	963
* #	General Communications, Inc. Class A	36,236	266,697
	IDT Corp.	4,126	13,616
#	IDT Corp. Class B	54,100	193,137
*	LCC International, Inc. Class A	15,700	19,782
* #	Nextwave Wireless, Inc.	91,757	492,735
*	Occam Networks, Inc.	3,329	14,215

	Sprint Nextel Corp.	1,795,724	16,807,977
	SureWest Communications	22,739	223,297
	Telephone & Data Systems, Inc.	80,500	3,837,435
	Telephone & Data Systems, Inc. Special Shares	12,407	544,667
*	United States Cellular Corp.	14,300	895,609
	Verizon Communications, Inc.	2,151,104	82,752,971
*	Xeta Corp.	17,164	54,925
Total Telecommunication Services			222,369,197

Utilities — (0.0%)
*	Maine & Maritimes Corp.	400	17,620
*	Reliant Energy, Inc.	44,350	1,133,586
	Southern Union Co.	1	—
	Unitil Corp.	600	16,830
Total Utilities			1,168,036

TOTAL COMMON STOCKS			3,682,657,585

PREFERRED STOCKS — (0.0%)
Health Care — (0.0%)
*	Inverness Medical Innovations, Inc. Series B	2,466	638,694

RIGHTS/WARRANTS — (0.0%)
*	Guaranty Financial Group, Inc. Rights	13,066	—

TEMPORARY CASH INVESTMENTS — (0.7%)
	BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares	28,566,244	28,566,244

		Face
		Amount
		(000)
SECURITIES LENDING COLLATERAL — (10.4%)
@	Repurchase Agreement, Deutsche Bank Securities 2.35%, 06/02/08 (Collateralized by $647,724,714 FNMA, rates ranging from 4.500% to 7.660%(r), maturities ranging from 09/01/11 to 03/01/48, valued at $391,434,168) to be repurchased at $380,107,595	$	380,033	380,033,172

@	Repurchase Agreement, UBS Securities LLC 2.26%, 06/02/08 (Collateralized by $81,235,000 FNMA, rates ranging from 4.500% to 6.000%, maturities ranging from 08/01/08 to 11/01/36, valued at $49,927,664) to be repurchased at $48,479,894	48,471		48,470,765

TOTAL SECURITIES LENDING COLLATERAL				428,503,937

TOTAL INVESTMENTS - (100.0%) (Cost $3,513,713,169)				$	4,140,366,460

See accompanying Notes to Financial Statements.

ITEM 7.

DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 8.

PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 9.

PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 10.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 11.

CONTROLS AND PROCEDURES.

(a) Based on their evaluation of the Registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this Form N-CSR (the “Report”), the Registrant’s Principal Executive Officer and Principal Financial Officer believe that the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effectively designed to ensure that information required to be disclosed by the Registrant in the Report is recorded, processed, summarized and reported by the filing date, including ensuring that information required to be disclosed in the Report is accumulated and communicated to the Registrant’s officers that are making certifications in the Report, as appropriate, to allow timely decisions regarding required disclosure. The Registrant’s management, including the Principal Executive Officer and the Principal Financial Officer, recognizes that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) that occurred during the second fiscal quarter of the period covered by this Report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

ITEM 12.

EXHIBITS.

(a)(1) This item is not applicable.

(a)(2) Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are filed herewith.

(a)(3) This item is not applicable.

(b) Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dimensional Investment Group Inc.

By:	/s/ David G. Booth
	David G. Booth
	Chairman, Director, President and
	Chief Executive Officer

Date: July 30, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:	/s/ David G. Booth
	David G. Booth
	Principal Executive Officer
	Dimensional Investment Group Inc.

Date: July 30, 2008

By:	/s/ David R. Martin
	David R. Martin
	Principal Financial Officer
	Dimensional Investment Group Inc.

Date: July 30, 2008

Dimensional Investment N-CSRSCertified semi-annual shareholder report (management investment company)