Dimensional Investment N-CSRS 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)

6300 Bee Cave Road, Building One, Austin, TX 78746

(Address of principal executive offices) (Zip code)

Catherine L. Newell, Esquire, Vice President and Secretary

Dimensional Investment Group Inc.,

6300 Bee Cave Road, Building One, Austin, TX 78746

(Name and address of agent for service)

Registrant’s telephone number, including area code: 512-306-7400

Date of fiscal year end: October 31

Date of reporting period: November 1, 2009 – April 30, 2010

ITEM 1. REPORTS TO STOCKHOLDERS.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Company Institutional Index Portfolio

Semi-Annual Report

Six Months Ended April 30, 2010

(Unaudited)

Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
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
Schedule of Investments	4
Statement of Assets and Liabilities	5
Statement of Operations	6
Statements of Changes in Net Assets	7
Financial Highlights	8
Notes to Financial Statements	9
The DFA Investment Trust Company — The U.S. Large Company Series
Disclosure of Fund Expenses	14
Disclosure of Portfolio Holdings	15
Summary Schedule of Portfolio Holdings	16
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
Voting Proxies on Fund Portfolio Securities	29
Board Approval of Investment Advisory Agreements	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.

i

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DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedule of Investments/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.

(r) The adjustable rate shown is effective as of April 30, 2010.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(C) Non-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

1

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 costs 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 April 30, 2010
EXPENSE TABLE
	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*		Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,156.80	0.10	%	$	0.53
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.30	0.10	%	$	0.50

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

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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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 % 

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DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Company Series of The DFA Investment Trust Company	$	925,859,863
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $762,536,909)	$	925,859,863

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	925,859,863	—	—	$	925,859,863

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(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	$	925,860
Receivable for Fund Shares Sold		3,840
Prepaid Expenses and Other Assets		15
Total Assets		929,715
LIABILITIES:
Payables:
Affiliated Investment Company Purchased		3,648
Fund Shares Redeemed		192
Due to Advisor		31
Accrued Expenses and Other Liabilities		60
Total Liabilities		3,931
NET ASSETS	$	925,784
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		99,019,430
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	9.35	��
Investment in Affiliated Investment Company at Cost	$	762,537
NET ASSETS CONSIST OF:
Paid-In Capital	$	886,812
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		2,025
Accumulated Net Realized Gain (Loss)		(126,376	)
Net Unrealized Appreciation (Depreciation)		163,323
NET ASSETS	$	925,784
(1) NUMBER OF SHARES AUTHORIZED		500,000,000

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	8,286
Interest		5
Income from Securities Lending		62
Expenses Allocated from Affiliated Investment Company		(192	)
Total Investment Income		8,161
Expenses
Administrative Services Fees		215
Accounting & Transfer Agent Fees		12
Filing Fees		25
Shareholders’ Reports		23
Directors’/Trustees’ Fees & Expenses		5
Professional Fees		12
Other		4
Total Expenses		296
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		(62	)
Net Expenses		234
Net Investment Income (Loss)		7,927
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		81
Net Realized Gain (Loss) on:
Investment Securities Sold		(26,980	)
Futures		346
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		141,007
Net Realized and Unrealized Gain (Loss)		114,454
Net Increase (Decrease) in Net Assets Resulting from Operations	$	122,381

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.

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DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	7,927		$	17,245
Capital Gain Distributions Received from Affiliated Investment Company		81			—
Net Realized Gain (Loss) on:
Investment Securities Sold		(26,980	)		(37,974	)
Futures		346			12,592
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		141,007			73,084
Futures		—			1,948
Net Increase (Decrease) in Net Assets Resulting from Operations		122,381			66,895
Distributions From:
Net Investment Income		(8,028	)		(18,243	)
Total Distributions		(8,028	)		(18,243	)
Capital Share Transactions (1):
Shares Issued		74,250			156,796
Shares Issued in Lieu of Cash Distributions		7,457			17,318
Shares Redeemed		(55,965	)		(166,295	)
Net Increase (Decrease) from Capital Share Transactions		25,742			7,819
Total Increase (Decrease) in Net Assets		140,095			56,471
Net Assets
Beginning of Period		785,689			729,218
End of Period	$	925,784		$	785,689
(1) Shares Issued and Redeemed:
Shares Issued		8,246			22,124
Shares Issued in Lieu of Cash Distributions		856			2,474
Shares Redeemed		(6,329	)		(24,057	)
Net Increase (Decrease) from Shares Issued and Redeemed		2,773			541
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	2,025		$	2,126

See accompanying Notes to Financial Statements.

7

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	8.16		$	7.62		$	11.63		$	11.00		$	9.82		$	9.23		$	8.32
Income from Investment Operations
Net Investment Income (Loss)		0.08	(A)		0.18	(A)		0.20	(A)		0.22	(A)		0.19	(A)		0.17			0.17
Net Gains (Losses) on Securities (Realized and Unrealized)		1.19			0.55			(3.99	)		0.62			1.18			0.61			0.88
Total from Investment Operations		1.27			0.73			(3.79	)		0.84			1.37			0.78			1.05
Less Distributions
Net Investment Income		(0.08	)		(0.19	)		(0.22	)		(0.21	)		(0.19	)		(0.19	)		(0.14	)
Total Distributions		(0.08	)		(0.19	)		(0.22	)		(0.21	)		(0.19	)		(0.19	)		(0.14	)
Net Asset Value, End of Period	$	9.35		$	8.16		$	7.62		$	11.63		$	11.00		$	9.82		$	9.23
Total Return		15.68	%(C)		10.07	%		(33.10	)%(C)		7.71	%		14.11	%		8.50	%		12.66	%
Net Assets, End of Period (thousands)	$	925,784		$	785,689		$	729,218		$	1,002,142		$	877,405		$	692,595		$	534,285
Ratio of Expenses to Average Net Assets (D)		0.10	%(B)		0.10	%		0.10	%(B)		0.10	%		0.10	%		0.10	%		0.10	%
Ratio of Expenses to Average Net
Assets (Excluding Waivers and
Assumption of Expenses and/or
Recovery of Previously Waived Fees) (D)		0.11	%(B)		0.13	%		0.11	%(B)		0.11	%		0.11	%		0.14	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.86	%(B)		2.53	%		2.10	%(B)		1.90	%		1.90	%		1.82	%		1.96	%

 See Page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

8

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 April 30, 2010, the Portfolio owned 24% 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.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

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.

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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)

A summary of the inputs used to value the Portfolio’s investments is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 & Expenses. At April 30, 2010, 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 $22 (in thousands).

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Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 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 April 30, 2010, the Portfolio’s administrative services fees were accrued daily and paid monthly to the Advisor at an effective annual rate of 0.05% of average daily net assets of the portfolio.

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 March 1, 2010 to March 1, 2011, and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. At April 30, 2010, approximately $425 (in thousands) of previously waived fees are subject to future recovery by the Advisor over various periods not exceeding April 30, 2013.

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

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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.

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 October 31, 2009, primarily attributable to net realized gains on securities were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amount in thousands):

Increase (Decrease) Paid-In-Capital	Increase (Decrease) Undistributed Net Investment       Income	Increase (Decrease) Accumulated Net Realized       Gains
$(51,204)	$(1)	$51,205

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term   Capital Gains	Long-Term Capital Gains	Total
2007	$17,347	—	$17,347
2008	19,755	—	19,755
2009	18,243	—	18,243

As of October 31, 2009, 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)
$2,146	$(50,288)	$(48,142)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the Portfolio had capital loss carryforward available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

Expires on October 31,
2010	2011	2013	2014	2016	2017	Total
$14,821	$13,996	$1,702	$1,944	$15,152	$2,673	$50,288

During the year ended October 31,2009, the Portfolio expired $50,824 of capital loss carryforwards.

At April 30, 2010, 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):

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Federal  Tax Cost	Unrealized Appreciation	Unrealized (Depreciation)	Net Unrealized Appreciation (Depreciation)
$841,636	$176,436	$(92,212)	$84,224

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be in a tax return. Management has analyzed the Portfolio’s financial tax position and has concluded that no provision for income tax is required in the Portfolio’s financial statements. The Portfolio is not aware of any tax position for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio’s federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

F. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities 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. Other:

At April 30, 2010, two shareholders held approximately 87% 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.

H. Subsequent Event Evaluations:

Management has evaluated the impact of all the subsequent events on the Portfolio and has determined that the following subsequent event requires recognition or disclosure in the financial statements.

On March 1, 2010, the Board of Directors of DFA Investment Dimensions Group Inc. and of Dimensional Investment Group Inc. approved an Agreement and Plan of Reorganization (the “Plan”) which provided that (i) the U.S. Large

12

Company Institutional Index Portfolio (the “Acquiring Fund”), a portfolio of Dimensional Investment Group Inc. would acquire substantially all of the assets of the U.S. Large Company Portfolio (the “Target Fund”), a portfolio of DFA Investment Dimensions Group Inc. in exchange solely for shares of capital stock of the Acquiring Fund; (ii) the shares of the Acquiring Fund would be distributed to the shareholders of the Target Fund according to their respective interests in the Target Fund; and (iii) the Target Fund would be liquidated and dissolved (the “Reorganization”). In conjunction with completing the Reorganization, the Acquiring Fund would change its name to the “U.S. Large Company Portfolio.” The Reorganization took place on May 7, 2010 and the Acquiring Fund changed its name to the U.S. Large Company Portfolio effective May 8, 2010.

The purpose of the transaction is to lower fees for the shareholders of the Target Fund and create operating efficiencies from economies of scale.

The Reorganization was accomplished by a tax-free exchange of the following shares on May 7, 2010:

Target Fund	Shares	Acquiring Fund	Shares	Value (in thousands)
U.S. Large Company Portfolio	83,482,168	U.S. Large Company Institutional Index Portfolio	311,973,980	$2,731,987

The net assets, including net unrealized appreciation (depreciation) of the Target Fund, immediately before the acquisition were as follows (in thousands):

Target Fund	Net Assets	Unrealized Appreciation         (Depreciation)	Acquiring Fund	Net Assets
U.S. Large Company Portfolio	$2,731,987	$315,984	U.S. Large Company Institutional Index Portfolio	$870,696

Assuming the acquisition had been completed on November 1, 2009, U.S. Large Company Institutional Index Portfolio’s result of operations for the six months ended April 30, 2010 would have been as follows (in thousands):

Net Investment Income	$	35,119	(a)
Net Realized and Unrealized Gain (Loss) on Investments		509,812	(b)
Net Increase in Net Assets Resulting from Operations	$	544,931

(a)   $7,927 as reported in the Statement of Operations, plus $26,463 Net Investment Income from U.S. Large Company Portfolio pre-merger, plus $729 of pro-forma eliminated expenses.

(b)   $114,454 as reported in the Statement of Operations, plus $395,358 Net Realized and Unrealized Gain (Loss) on Investments from U.S. Large Company Portfolio pre-merger.

Because both U.S. Large Company Portfolio and U.S. Large Company Institutional Index Portfolio sold and redeemed shares throughout the period, it is not practicable to provide pro-forma information on a per-share basis.

13

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

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 costs 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 April 30, 2010
EXPENSE TABLE
	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
Actual Fund Return	$1,000.00	$1,156.70	0.05%	$0.27
Hypothetical 5% Annual Return	$1,000.00	$1,024.55	0.05%	$0.25

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

14

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

The U.S. Large Company Series
Consumer Discretionary	10.6%
Consumer Staples	10.9%
Energy	11.2%
Financials	15.2%
Health Care	11.5%
Industrials	10.8%
Information Technology	18.9%
Materials	3.5%
Real Estate Investment Trusts	1.2%
Telecommunication Services	2.7%
Utilities	3.5%
	100.0%

15

THE U.S. LARGE COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (88.0%)
Consumer Discretionary — (9.3%)
*Amazon.com, Inc.	121,728	$	16,684,040	0.4%
Comcast Corp. Class A	1,009,101		19,919,654	0.5%
*Ford Motor Co.	1,197,830		15,595,747	0.4%
Home Depot, Inc.	604,706		21,315,886	0.6%
McDonald’s Corp.	382,637		27,010,346	0.7%
Walt Disney Co. (The)	689,738		25,409,948	0.7%
Other Securities			277,523,807	7.2%
Total Consumer Discretionary			403,459,428	10.5%
Consumer Staples — (9.6%)
Altria Group, Inc.	739,887		15,678,206	0.4%
Coca-Cola Co. (The)	819,757		43,816,012	1.1%
CVS Caremark Corp.	494,500		18,261,885	0.5%
Kraft Foods, Inc.	617,581		18,280,398	0.5%
PepsiCo, Inc.	581,165		37,903,581	1.0%
Philip Morris International, Inc.	668,916		32,830,397	0.8%
Procter & Gamble Co.	1,032,944		64,207,799	1.7%
Wal-Mart Stores, Inc.	758,794		40,709,298	1.1%
Other Securities			144,401,253	3.7%
Total Consumer Staples			416,088,829	10.8%
Energy — (9.9%)
Chevron Corp.	714,219		58,165,995	1.5%
ConocoPhillips	528,754		31,296,949	0.8%
Exxon Mobil Corp.	1,678,990		113,919,471	3.0%
Occidental Petroleum Corp.	288,750		25,600,575	0.7%
Schlumberger, Ltd.	425,536		30,391,781	0.8%
Other Securities			167,117,942	4.3%
Total Energy			426,492,713	11.1%
Financials — (13.4%)
American Express Co.	425,584		19,627,934	0.5%
Bank of America Corp.	3,567,598		63,610,272	1.6%
*Berkshire Hathaway, Inc.	588,521		45,316,117	1.2%
*Citigroup, Inc.	6,987,623		30,535,912	0.8%
Goldman Sachs Group, Inc. (The)	187,146		27,173,599	0.7%
JPMorgan Chase & Co.	1,412,890		60,160,856	1.6%
#U.S. Bancorp	680,438		18,215,325	0.5%
Wells Fargo & Co.	1,842,383		61,001,301	1.6%
Other Securities			255,431,126	6.6%
Total Financials			581,072,442	15.1%
Health Care — (10.1%)
Abbott Laboratories	552,156		28,248,301	0.7%
*Amgen, Inc.	348,262		19,976,308	0.5%
Bristol-Myers Squibb Co.	609,590		15,416,531	0.4%
Johnson & Johnson	978,652		62,927,324	1.6%
Medtronic, Inc.	392,839		17,163,136	0.5%
*Merck & Co., Inc.	1,107,882		38,820,185	1.0%
*Pfizer, Inc.	2,869,997		47,986,350	1.3%
Other Securities			208,040,195	5.4%
Total Health Care			438,578,330	11.4%
Industrials — (9.5%)
3M Co.	253,108		22,443,086	0.6%
#Boeing Co. (The)	269,199		19,498,084	0.5%

16

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (Continued)
General Electric Co.		3,794,414	$	71,562,648	1.9%
United Parcel Service, Inc.		353,081		24,412,020	0.6%
United Technologies Corp.		333,010		24,959,099	0.6%
Other Securities				247,393,493	6.4%
Total Industrials				410,268,430	10.6%
Information Technology — (16.6%)
*Apple, Inc.		322,478		84,205,455	2.2%
*Cisco Sytems, Inc.		2,036,166		54,813,589	1.4%
*Google, Inc.		85,940		45,156,314	1.2%
Hewlett-Packard Co.		837,170		43,507,725	1.1%
Intel Corp.		1,964,460		44,848,622	1.2%
International Business Machines Corp.		461,955		59,592,195	1.5%
Microsoft Corp.		2,713,496		82,870,168	2.2%
Oracle Corp.		1,390,037		35,918,556	0.9%
QUALCOMM, Inc.		597,661		23,153,387	0.6%
Other Securities				246,334,287	6.4%
Total Information Technology				720,400,298	18.7%
Materials — (3.0%)
Other Securities				131,754,058	3.4%
Real Estate Investment Trusts — (1.1%)
Other Securities				47,126,820	1.2%
Telecommunication Services — (2.4%)
AT&T, Inc.		2,098,903		54,697,412	1.4%
Verizon Communications, Inc.		1,008,453		29,134,207	0.8%
Other Securities				20,133,044	0.5%
Total Telecommunication Services				103,964,663	2.7%
Utilities — (3.1%)
Other Securities				132,787,067	3.4%
TOTAL COMMON STOCKS				3,811,993,078	98.9%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $35,255,000 FHLMC 5.00%, 10/15/20, valued at $36,268,581) to be repurchased at $35,730,566	$	35,730,000		35,730,000	0.9%

17

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (11.2%)
§@DFA Short Term Investment Fund	459,320,798	$	459,320,798	11.9%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $21,128,727 FHLMC 5.765%(r), 11/01/36 & 5.934%(r), 01/01/38, valued at $15,735,279) to be repurchased at $15,277,195	$15,277		15,276,969	0.4%
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $25,124,474 FNMA 6.000%, 04/01/36 & 7.000%, 11/01/37, valued at $10,176,738) to be repurchased at $9,879,737	9,880		9,879,572	0.3%
TOTAL SECURITIES LENDING COLLATERAL			484,477,339	12.6%
TOTAL INVESTMENTS — (100.0%) (Cost $3,473,410,694)		$	4,332,200,417	112.4%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Consumer Discretionary	$	403,459,428		—	—	$	403,459,428
Consumer Staples		416,088,829		—	—		416,088,829
Energy		426,492,713		—	—		426,492,713
Financials		581,072,442		—	—		581,072,442
Health Care		438,578,330		—	—		438,578,330
Industrials		410,268,430		—	—		410,268,430
Information Technology		720,400,298		—	—		720,400,298
Materials		131,754,058		—	—		131,754,058
Real Estate Investment Trusts		47,126,820		—	—		47,126,820
Telecommunication Services		103,964,663		—	—		103,964,663
Utilities		132,787,067		—	—		132,787,067
Temporary Cash Investments		—	$	35,730,000	—		35,730,000
Securities Lending Collateral		—		484,477,339	—		484,477,339
Other Financial Instruments**		395,881		—	—		395,881
TOTAL	$	3,812,388,959	$	520,207,339	—	$	4,332,596,298

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

See accompanying Notes to Financial Statements.

18

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

ASSETS:
Investments at Value (including $459,857 of securities on loan)	$	3,811,993
Temporary Cash Investments at Value & Cost		35,730
Collateral Received from Securities on Loan at Value & Cost		484,477
Cash		3,116
Receivables:
Dividends and Interest		3,939
Fund Shares Sold		3,708
Securities Lending Income		27
Prepaid Expenses and Other Assets		14
Total Assets		4,343,004
LIABILITIES:
Payables:
Upon Return of Securities Loaned		484,477
Fund Shares Redeemed		3,024
Due to Advisor		83
Futures Margin Variation		700
Accrued Expenses and Other Liabilities		298
Total Liabilities		488,582
NET ASSETS	$	3,854,422
Investments at Cost	$	2,953,204

See accompanying Notes to Financial Statements.

19

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends	$	36,705
Interest		23
Income from Securities Lending		272
Total Investment Income		37,000
Expenses
Investment Advisory Services Fees		474
Accounting & Transfer Agent Fees		194
S&P 500® Fees		47
Custodian Fees		21
Shareholders’ Reports		15
Directors’/Trustees’ Fees & Expenses		22
Audit Fees		29
Legal Fees		23
Other		25
Total Expenses		850
Net Investment Income (Loss)		36,150
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		322
Net Realized Gain (Loss) on:
Investment Securities Sold		(123,345	)
Futures		990
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		631,592
Futures		255
Net Realized and Unrealized Gain (Loss)		509,814
Net Increase (Decrease) in Net Assets Resulting from Operations	$	545,964

See accompanying Notes to Financial Statements.

20

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	36,150		$	78,403
Capital Gain Distributions Received from Investment Securities		322			—
Net Realized Gain (Loss) on:
Investment Securities Sold		(123,345	)		(215,329	)
Futures		990			20,268
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		631,592			427,495
Futures		255			(2,236	)
Net Increase (Decrease) in Net Assets Resulting from Operations		545,964			308,601
Transactions in Interest:
Contributions		262,511			363,357
Withdrawals		(459,504	)		(440,159	)
Net Increase (Decrease) from Transactions in Interest		(196,993	)		(76,802	)
Total Increase (Decrease) in Net Assets		348,971			231,799
Net Assets
Beginning of Period		3,505,451			3,273,652
End of Period	$	3,854,422		$	3,505,451

See accompanying Notes to Financial Statements.

21

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

FINANCIAL HIGHLIGHTS

	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	15.67	%(C)	10.17	%	(33.10	)%(C)	7.77	%	14.25	%	8.51	%	12.77	%
Net Assets, End of Period (thousands)	$3,854,422		$3,505,451		$3,273,652		$4,506,349		$4,952,980		$4,238,712		$3,493,919
Ratio of Expenses to Average Net Assets	0.05	%(B)	0.06	%	0.04	%(B)	0.04	%	0.04	%	0.05	%	0.05	%
Ratio of Net Investment Income to Average Net Assets	1.92	%(B)	2.57	%	2.16	%(B)	1.96	%	1.95	%	1.87	%	1.99	%
Portfolio Turnover Rate	4	%(C)	10	%	6	%(C)	13	%*	4	%	6	%	2	%

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 accompanying Notes to Financial Statements.

22

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 thirteen investment portfolios, of which The U.S. Large Company Series (the “Series”) is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

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 New York Stock Exchange (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.

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Series’ own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

23

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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses. At April 30, 2010, 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 $95 (in thousands).

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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. 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 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 April 30, 2010, 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 April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

24

D. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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	$	149,227
Sales		322,440

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.

At April 30, 2010, 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)
$3,802,682	$1,150,350	$(620,832)	$529,518

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be in a tax return. Management has analyzed the Series’ tax position and has concluded that no provision for income tax is required in the Portfolio’s financial statements. The Series is not aware of any tax position for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series’ federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

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 certain U.S. Government securities 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 April 30, 2010.

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Series.

2. Futures Contracts:    The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. Upon entering into a futures

25

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, which is presented in the Statement of Operations as a net realized gain or loss on futures, 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.

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. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

	Description	Expiration Date	Number of Contracts*	Contract Value	Unrealized Gain (Loss)	Approximate Cash Collateral
The U.S. Large Company Series	S&P 500® Index	06/18/2010	134	$39,644	$396	$3,015

*During the six months ended April 30, 2010, the Series had limited activity in these transactions.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statement of Operations and the realized and change in unrealized gain or loss over the reporting period. The following is a summary of the Series’ derivative instrument holdings for the six months ended April 30, 2010.

The following is a summary of the Series’ location and value of derivative instrument holdings on the Series’ Statements of Assets and Liabilities categorized by primary risk exposure as of April 30, 2010 (amounts in thousands):

		Asset Derivatives Value
	Location on the Statements of Assets and Liabilities	Equity Contracts
The U.S. Large Company Series	Payables: Futures     Margin Variation	$396*

* Includes cumulative appreciation (depreciation) of futures contracts. Only current day’s margin variation is reported within the Statement of Assets and Liabilities.

The following is a summary of the location of realized and change in unrealized gains and losses on the Series’ Statement of Operations for the Series’ derivative instrument holdings through the six months ended April 30, 2010:

Derivative Type	Location of Gain (Loss) on Derivatives Recognized in Income
Equity contracts	Net Realized Gain (Loss) on: Futures Change in Unrealized Appreciation     (Depreciation) of: Futures

The following is a summary of the realized and change in unrealized gains and losses from the Series’ derivative instrument holdings categorized by primary risk exposure through the six months ended April 30, 2010 (amounts in thousands):

26

	Realized Gain (Loss) on Derivatives Recognized in Income
	Equity           Contracts
The U.S. Large Company Series	$990
	Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income
	Equity Contracts
The U.S. Large Company Series	$255

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

For the six months ended April 30, 2010, borrowings by the Series under this line of credit were as follows (amounts in thousands, except for percentages and days):

Weighted Average Interest Rate	Weighted Average Loan Balance	Number of Days Outstanding	Interest Expense Incurred	Maximum Amount Borrowed During       the Period
2.01%	$11,213	8	$5	$26,783

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Series under this line of credit during the six months ended April 30, 2010.

H. Securities Lending:

As of April 30, 2010, the Series had securities on loan to brokers/dealers, for which the Series received 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 expected 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, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If the borrower fails to return loaned securities, and cash collateral being

27

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 its stated investment policy, the Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. The Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, 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 liabilities 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. Subsequent Event Evaluations:

Management has evaluated the impact of all the subsequent events on the Series and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

28

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: (512) 306-7400. 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.

29

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 18, 2009 (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; and (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.

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 shareholders 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 also reviewed the performance analysis prepared by the Advisor, which presented the performance of the Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board determined, among other things, that the performance of the Fund was reasonable 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 those of 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 four 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

30

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.

31

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA043010-006S

Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes	1
DFA Investment Dimensions Group Inc.
Disclosure of Fund Expenses	3
Disclosure of Portfolio Holdings	8
Schedules of Investments/Summary Schedules of Portfolio Holdings
Enhanced U.S. Large Company Portfolio	11
U.S. Large Cap Value Portfolio	14
U.S. Targeted Value Portfolio	15
U.S. Small Cap Value Portfolio	18
U.S. Core Equity 1 Portfolio	21
U.S. Core Equity 2 Portfolio	24
U.S. Vector Equity Portfolio	27
U.S. Small Cap Portfolio	30
U.S. Micro Cap Portfolio	33
DFA Real Estate Securities Portfolio	36
Large Cap International Portfolio	38
International Core Equity Portfolio	42
International Small Company Portfolio	47
Japanese Small Company Portfolio	48
Asia Pacific Small Company Portfolio	48
United Kingdom Small Company Portfolio	49
Continental Small Company Portfolio	49
DFA International Real Estate Securities Portfolio	50
DFA Global Real Estate Securities Portfolio	54
DFA International Small Cap Value Portfolio	55
International Vector Equity Portfolio	60
Emerging Markets Portfolio	65
Emerging Markets Small Cap Portfolio	65
Emerging Markets Core Equity Portfolio	66
Statements of Assets and Liabilities	71
Statements of Operations	77
Statements of Changes in Net Assets	83
Financial Highlights	91
Notes to Financial Statements	105

i

Table of Contents

Continued

	Page
Dimensional Investment Group Inc. — DFA International Value Portfolio
Disclosure of Fund Expenses	128
Disclosure of Portfolio Holdings	129
Schedule of Investments	130
Statement of Assets and Liabilities	131
Statement of Operations	132
Statements of Changes in Net Assets	133
Financial Highlights	134
Notes to Financial Statements	136

ii

Table of Contents

Continued

	Page
The DFA Investment Trust Company
Disclosure of Fund Expenses	142
Disclosure of Portfolio Holdings	144
Schedules of Investments/Summary Schedules of Portfolio Holdings
The U.S. Large Cap Value Series	146
The DFA International Value Series	149
The Japanese Small Company Series	153
The Asia Pacific Small Company Series	156
The United Kingdom Small Company Series	159
The Continental Small Company Series	162
The Canadian Small Company Series	166
The Emerging Markets Series	169
The Emerging Markets Small Cap Series	173
Statements of Assets and Liabilities	177
Statements of Operations	179
Statements of Changes in Net Assets	181
Financial Highlights	184
Notes to Financial Statements	189

iii

Table of Contents

Continued

	Page
DFA Investment Dimensions Group Inc. — Emerging Markets Value Portfolio
Disclosure of Fund Expenses	198
Disclosure of Portfolio Holdings	199
Schedule of Investments	200
Statement of Assets and Liabilities	201
Statement of Operations	202
Statements of Changes in Net Assets	203
Financial Highlights	204
Notes to Financial Statements	206

iv

Table of Contents

Continued

	Page
Dimensional Emerging Markets Value Fund
Disclosure of Fund Expenses	212
Disclosure of Portfolio Holdings	213
Summary Schedule of Portfolio Holdings	214
Statement of Assets and Liabilities	219
Statement of Operations	220
Statements of Changes in Net Assets	221
Financial Highlights	222
Notes to Financial Statements	223
Voting Proxies on Fund Portfolio Securities	231
Board Approval of Investment Advisory Agreements	232

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.

v

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DIMENSIONAL EMERGING MARKETS VALUE FUND

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

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
P.L.C.	Public Limited Company
REIT	Real Estate Investment Trust
SPDR	Standard & Poor’s Depository Receipts
Investment Footnotes
†	See Note B to Financial Statements.
††	Securities have generally been fair valued. 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.
^	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 April 30, 2010.
(y)	The rate shown is the effective yield.
(v)	The variable rate shown is effective as of April 30, 2010.
(g)	Face Amount denominated in British Pounds.
(e)	Face Amount denominated in Euro.
(u)	Face Amount denominated in United States Dollars.
v	Security segregated as collateral for the Open Futures Contracts.
Financial Highlights
(A)	Computed using average shares outstanding.
(B)	Annualized
(C)	Non-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.

1

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

All Statements and Schedules
—	Amounts designated as — are either zero or rounded to zero.
RIC	Registered Investment Company
SEC	Securities and Exchange Commission
(a)	Commencement of Operations.

2

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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	��	Annualized Expense Ratio*	Expenses Paid During Period*
Enhanced U.S. Large Company Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,160.60		0.27%	$1.45
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.46		0.27%	$1.35

3

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
U.S. Large Cap Value Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,228.90	0.28%	$1.55
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.41	0.28%	$1.40
U.S. Targeted Value Portfolio
Actual Fund Return
Class R1 Shares	$1,000.00	$1,337.00	0.49%	$2.84
Class R2 Shares	$1,000.00	$1,334.00	0.64%	$3.70
Institutional Class Shares	$1,000.00	$1,336.40	0.38%	$2.20
Hypothetical 5% Annual Return
Class R1 Shares	$1,000.00	$1,022.36	0.49%	$2.46
Class R2 Shares	$1,000.00	$1,021.62	0.64%	$3.21
Institutional Class Shares	$1,000.00	$1,022.91	0.38%	$1.91
U.S. Small Cap Value Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,346.20	0.53%	$3.08
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.17	0.53%	$2.66
U.S. Core Equity 1 Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,208.20	0.20%	$1.10
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.80	0.20%	$1.00
U.S. Core Equity 2 Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,225.60	0.23%	$1.27
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.65	0.23%	$1.15
U.S. Vector Equity Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,265.90	0.34%	$1.91
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.11	0.34%	$1.71
U.S. Small Cap Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,304.90	0.38%	$2.17
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.91	0.38%	$1.91

4

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
U.S. Micro Cap Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,299.50	0.53%	$3.02
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.17	0.53%	$2.66
DFA Real Estate Securities Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,346.60	0.33%	$1.92
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.16	0.33%	$1.66
Large Cap International Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,044.30	0.30%	$1.52
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,023.31	0.30%	$1.51
International Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,065.00	0.40%	$2.05
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.81	0.40%	$2.01
International Small Company Portfolio***
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,094.60	0.55%	$2.86
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.07	0.55%	$2.76
Japanese Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,066.80	0.58%	$2.97
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.92	0.58%	$2.91
Asia Pacific Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,132.90	0.63%	$3.33
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.67	0.63%	$3.16

5

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
United Kingdom Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,091.50	0.60%	$3.11
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.82	0.60%	$3.01
Continental Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,050.40	0.59%	$3.00
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.87	0.59%	$2.96
DFA International Real Estate Securities Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,036.10	0.40%	$2.02
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.81	0.40%	$2.01
DFA Global Real Estate Securities Portfolio***
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,193.20	0.40%	$2.18
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.81	0.40%	$2.01
DFA International Small Cap Value Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,081.20	0.69%	$3.56
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.37	0.69%	$3.46
International Vector Equity Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,076.20	0.54%	$2.78
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,022.12	0.54%	$2.71
Emerging Markets Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,143.70	0.59%	$3.14
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.87	0.59%	$2.96
Emerging Markets Small Cap Portfolio**
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,196.90	0.76%	$4.14
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.03	0.76%	$3.81

6

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
Emerging Markets Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$1,000.00	$1,162.80	0.64%	$3.43
Hypothetical 5% Annual Return
Institutional Class Shares	$1,000.00	$1,021.62	0.64%	$3.21

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

*** 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 (Affiliated Investment Companies).

7

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

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 Cap Value 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%
FUND OF FUNDS
International Small Company Portfolio	100.0%
DFA Global Real Estate Securities Portfolio	100.0%

8

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

FIXED INCOME PORTFOLIO

Enhanced U.S. Large Company Portfolio
Corporate	18.6%
Government	24.5%
Foreign Corporate	18.6%
Foreign Government	31.1%
Supranational	7.2%
	100.0%

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

U.S. Targeted Value Portfolio
Consumer Discretionary	18.1%
Consumer Staples	3.4%
Energy	9.0%
Financials	26.3%
Health Care	7.2%
Industrials	14.6%
Information Technology	13.6%
Materials	6.9%
Telecommunication Services	0.6%
Utilities	0.3%
	100.0%
U.S. Core Equity 2 Portfolio
Consumer Discretionary	15.8%
Consumer Staples	6.4%
Energy	9.8%
Financials	19.8%
Health Care	9.8%
Industrials	13.9%
Information Technology	13.9%
Materials	5.4%
Other	—
Telecommunication Services	2.8%
Utilities	2.4%
	100.0%
U.S. Micro Cap Portfolio
Consumer Discretionary	18.8%
Consumer Staples	4.5%
Energy	4.0%
Financials	14.0%
Health Care	14.5%
Industrials	16.7%
Information Technology	20.4%
Materials	4.4%
Other	—
Telecommunication Services	1.1%
Utilities	1.6%
	100.0%

U.S. Small Cap Value Portfolio
Consumer Discretionary	19.9%
Consumer Staples	2.6%
Energy	8.8%
Financials	23.1%
Health Care	5.5%
Industrials	18.7%
Information Technology	14.1%
Materials	7.1%
Other	—
Telecommunication Services	0.2%
Utilities	—
	100.0%
U.S. Vector Equity Portfolio
Consumer Discretionary	17.4%
Consumer Staples	4.8%
Energy	9.5%
Financials	24.2%
Health Care	8.5%
Industrials	13.5%
Information Technology	13.2%
Materials	5.6%
Other	—
Telecommunication Services	2.0%
Utilities	1.3%
	100.0%
DFA Real Estate Securities Portfolio
Real Estate Investment Trusts	100.0%
	100.0%

U.S. Core Equity 1 Portfolio
Consumer Discretionary	14.2%
Consumer Staples	7.9%
Energy	9.5%
Financials	16.8%
Health Care	11.0%
Industrials	12.9%
Information Technology	16.8%
Materials	5.0%
Other	—
Telecommunication Services	2.4%
Utilities	3.5%
	100.0%
U.S. Small Cap Portfolio
Consumer Discretionary	18.9%
Consumer Staples	3.3%
Energy	5.5%
Financials	13.6%
Health Care	13.3%
Industrials	17.4%
Information Technology	19.5%
Materials	5.3%
Other	0.1%
Telecommunication Services	0.9%
Utilities	2.2%
	100.0%
Large Cap International Portfolio
Consumer Discretionary	9.5%
Consumer Staples	9.4%
Energy	10.1%
Financials	24.6%
Health Care	7.5%
Industrials	11.7%
Information Technology	5.5%
Materials	11.4%
Other	—
Telecommunication Services	5.1%
Utilities	5.2%
	100.0%

9

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

International Core Equity Portfolio
Consumer Discretionary	14.0%
Consumer Staples	6.6%
Energy	8.2%
Financials	24.4%
Health Care	4.1%
Industrials	17.4%
Information Technology	5.9%
Materials	13.8%
Other	—
Real Estate Investment Trusts	—
Telecommunication Services	2.9%
Utilities	2.7%
	100.0%

DFA International Real Estate Securities Portfolio
Financials	—
Other	0.1%
Real Estate Investment Trusts	99.9%
	100.0%

DFA International Small Cap Value Portfolio
Consumer Discretionary	19.6%
Consumer Staples	6.2%
Energy	5.4%
Financials	18.3%
Health Care	2.1%
Industrials	23.6%
Information Technology	5.2%
Materials	18.9%
Other	—
Real Estate Investment Trusts	0.1%
Telecommunication Services	0.4%
Utilities	0.2%
	100.0%

International Vector Equity Portfolio
Consumer Discretionary	15.6%
Consumer Staples	5.5%
Energy	7.1%
Financials	23.6%
Health Care	3.5%
Industrials	19.0%
Information Technology	6.4%
Materials	16.0%
Other	—
Real Estate Investment Trusts	—
Telecommunication Services	1.8%
Utilities	1.5%
	100.0%

Emerging Markets Core Equity Portfolio
Consumer Discretionary	9.5%
Consumer Staples	6.9%
Energy	11.0%
Financials	22.6%
Health Care	2.6%
Industrials	11.5%
Information Technology	10.6%
Materials	16.6%
Other	0.1%
Real Estate Investment Trusts	—
Telecommunication Services	5.1%
Utilities	3.5%
	100.0%

10

ENHANCED U.S. LARGE COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Face Amount^	Value†
	(000)
BONDS — (64.9%)
AUSTRALIA — (1.8%)
Australia & New Zealand Banking Group, Ltd.
(u)  5.500%, 05/24/11	1,000	$	1,041,470
Commonwealth Bank of Australia
(u)  4.750%, 01/27/11	434		445,607
Macquarie Bank, Ltd.
(u)  2.600%, 01/20/12	1,449		1,486,244
TOTAL AUSTRALIA			2,973,321
AUSTRIA — (1.3%)
Oesterreichische Volksbanken AG
3.000%, 02/09/12	1,600		2,187,290
CANADA — (15.2%)
Bank of Nova Scotia Floating Rate Note
(r)(u)0.502%, 03/05/12	4,000		3,998,164
British Columbia, Province of Canada
5.750%, 01/09/12	4,500		4,708,432
Canada Housing Trust
4.600%, 09/15/11	3,700		3,784,323
Canadian Government Bond
1.250%, 12/01/11	2,500		2,442,336
Ontario, Province of Canada
4.400%, 12/02/11	4,400		4,498,457
Royal Bank of Canada
(u) 5.650%, 07/20/11	1,500		1,583,972
(e) 5.750%, 07/25/11	2,000		2,800,338
Royal Bank of Canada Floating Rate Note
(r)(u) 0.364%, 01/27/12	100		100,000
Toronto-Dominion Bank (The)
(g) 6.875%, 06/24/11	650		1,051,508
TOTAL CANADA			24,967,530
DENMARK — (1.9%)
Denmark Government International Bond
(u)  1.875%, 03/16/12	3,000		3,038,700
FINLAND — (0.3%)
Nordea Bank Finland P.L.C. Floating Rate Note
(r)(u) 0.564%, 02/01/12	500		499,827

	Face Amount^	Value†
	(000)
FRANCE — (2.6%)
Agence Francaise de Developpement
(u)  4.125%, 06/24/11	1,500	$	1,551,297
Societe Financement del’Economie Francaise
3.500%, 11/24/11	2,000		2,762,887
TOTAL FRANCE			4,314,184
GERMANY — (6.3%)
IKB Deutsche Industriebank AG
2.875%, 01/27/12	1,500		2,055,837
Kreditanstalt fuer Wiederaufbau
(g)  4.375%, 03/07/11	600		944,366
(u)  2.250%, 04/16/12	2,500		2,553,915
Landwirtschaftliche Rentenbank
(g)  5.250%, 01/18/12	2,915		4,749,679
TOTAL GERMANY			10,303,797
JAPAN — (1.9%)
Development Bank of Japan
(e)  5.625%, 08/02/11	1,500		2,099,591
Japan Finance Corp.
(u)  2.000%, 06/24/11	1,000		1,008,031
TOTAL JAPAN			3,107,622
NETHERLANDS — (5.8%)
Bank Nederlandse Gemeenten
(u)  2.250%, 01/17/12	3,000		3,058,089
(g)  5.750%, 03/07/12	521		854,114
Nederlandse Waterschapsbank
(u)  2.875%, 06/16/11	4,000		4,084,568
Rabobank Nederland
(g)  5.000%, 04/11/11	1,000		1,580,596
TOTAL NETHERLANDS			9,577,367
NORWAY — (2.5%)
Kommunalbanken
(u)  3.250%, 06/15/11	4,000		4,108,600
SPAIN — (0.6%)
Instituto de Credito Oficial
(u)  1.875%, 04/15/11	1,000		1,005,200

11

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

	Face Amount^	Value†
	(000)
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (6.8%)
European Investment Bank
(u)  3.250%, 10/14/11	1,000	$1,033,918
(u)  4.625%, 03/21/12	3,100	3,312,883
European Union
(e)  3.250%, 12/09/11	1,000	1,379,634
Inter-American Development Bank
(u)  5.000%, 04/05/11	1,500	1,560,459
Nordic Investment Bank
(u)  4.875%, 03/15/11	3,840	3,987,690
TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS		11,274,584
SWEDEN — (0.6%)
Kommuninvest I Sverige
(u)  5.375%, 06/15/11	1,000	1,045,947
UNITED KINGDOM — (5.9%)
Bank of Scotland P.L.C.
4.625%, 11/04/11	2,000	3,199,257
BP Capital Markets P.L.C. Floating Rate Note
(r)(u)1.258%, 03/17/11	2,000	2,017,350
Clydesdale Bank P.L.C.
3.375%, 12/09/11	800	1,263,615
Royal Bank of Scotland P.L.C. (The)
4.125%, 11/14/11	2,000	3,194,865
TOTAL UNITED KINGDOM		9,675,087
UNITED STATES — (11.4%)
Barclays Bank P.L.C. Floating Rate Note
(r)  0.530%, 01/14/11	$1,000	999,988
Berkshire Hathaway, Inc. Floating Rate Note
(r)  0.430%, 02/10/12	4,000	4,011,888
CME Group, Inc. Floating Rate Note
(r)  0.899%, 08/06/10	4,000	4,006,580
General Electric Capital Corp. Floating Rate Note
(r)  0.699%, 02/01/11	2,000	2,002,946
(r)  0.332%, 06/06/11	1,000	998,135

	Face Amount		Value†
	(000)
UNITED STATES — (Continued)
JPMorgan Chase & Co.
(g)  3.750%, 12/12/11	$	1,000	$	1,589,210
JPMorgan Chase & Co. Floating Rate Note
(r)  1.007%, 06/13/11		1,800		1,812,411
Procter & Gamble International Funding Floating Rate Note
(r)  0.259%, 05/07/10		400		399,999
Toyota Motor Credit Corp. Floating Rate Note
(r)  0.307%, 06/16/10		1,000		999,930
(r)  0.392%, 10/04/11		2,000		1,999,790
TOTAL UNITED STATES				18,820,877
TOTAL BONDS				106,899,933
AGENCY OBLIGATIONS — (17.7%)
Federal Farm Credit Bank
1.125%, 10/03/11		2,000		2,007,154
Federal Home Loan Bank
1.375%, 05/16/11		1,500		1,511,951
3.750%, 09/09/11		2,000		2,079,942
3.625%, 09/16/11		4,200		4,367,849
Federal Home Loan Bank Discount Note
(y)v 0.173%, 06/17/10		11,000		10,997,915
Federal Home Loan Mortgage Corporation
6.000%, 06/15/11		1,000		1,060,202
Federal Home Loan Mortgage Corporation Discount Note
(y)  0.150%, 06/15/10		4,000		3,999,250
Federal National Mortgage Association
3.375%, 05/19/11		3,000		3,088,242
TOTAL AGENCY OBLIGATIONS				29,112,505
U.S. TREASURY OBLIGATIONS — (1.2%)
U.S. Treasury Note
1.750%, 11/15/11		2,000		2,031,640
COMMERCIAL PAPER — (10.6%)
Hewlett-Packard Co.
0.190%, 05/10/10		4,000		3,999,810
Nestle Capital Corp.
0.169%, 05/25/10		2,000		1,999,837
Oesterreich Kontrollbank
0.230%, 07/08/10		2,000		1,998,946
0.270%, 07/22/10		1,000		999,313

12

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

	Face Amount	Value†
	(000)
Sheffield Receivables Corp.
0.230%, 06/11/10	$4,500	$  4,498,573
Societe de Prise de Participationde l’Etat
0.195%, 05/20/10	4,000	3,999,569
TOTAL COMMERCIAL PAPER		17,496,048
	Shares
EXCHANGE-TRADED FUND — (3.2%)
UNITED STATES — (3.2%)
SPDR Trust Series I	44,100	5,241,726

	Face Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (2.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19% 05/03/10 (Collateralized by $3,730,000 FHLMC 5.00%, 10/15/24, valued at $4,005,088) to be repurchased at $3,942,062	$3,942	$    3,942,000
TOTAL INVESTMENTS — (100.0%) (Cost $164,256,128)		$164,723,852

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Bonds		—	$	106,899,933		—	$	106,899,933
Agency Obligations		—		29,112,505		—		29,112,505
U.S. Treasury Obligations		—		2,031,640		—		2,031,640
Commercial Paper		—		17,496,048		—		17,496,048
Exchange-Traded Fund	$	5,241,726		—		—		5,241,726
Temporary Cash Investments		—		3,942,000		—		3,942,000
Other Financial Instruments**		7,260,888		257,494		—		7,518,381
TOTAL	$	12,502,614	$	159,739,620		—	$	172,242,233

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

See accompanying Notes to Financial Statements.

13

U.S. LARGE CAP VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	7,070,954,960
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $5,185,775,235)	$	7,070,954,960

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	7,070,954,960	—	—	$	7,070,954,960

See accompanying Notes to Financial Statements.

14

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (85.4%)
Consumer Discretionary — (15.4%)
#Cinemark Holdings, Inc.	382,492	$	6,984,304		0.3%
Dillard’s, Inc.	240,649		6,757,424		0.3%
#*Gaylord Entertainment Co.	204,517		6,902,449		0.3%
#Jarden Corp.	239,973		7,707,933		0.3%
*Liberty Media Corp. Capital Series A	166,331		7,363,473		0.3%
#*Royal Caribbean Cruises, Ltd.	278,627		9,985,992		0.4%
#Whirlpool Corp.	110,030		11,978,966		0.5%
#Wyndham Worldwide Corp.	271,939		7,290,685		0.3%
Other Securities			369,569,431		15.3%
Total Consumer Discretionary			434,540,657		18.0%
Consumer Staples — (2.9%)
*Constellation Brands, Inc. Class A	389,483		7,115,854		0.3%
#*Smithfield Foods, Inc.	419,475		7,860,962		0.3%
Other Securities			67,576,668		2.8%
Total Consumer Staples			82,553,484		3.4%
Energy — (7.7%)
#Cimarex Energy Co.	126,477		8,610,554		0.3%
#Overseas Shipholding Group, Inc.	145,848		7,301,151		0.3%
#Pioneer Natural Resources Co.	149,975		9,617,897		0.4%
Sunoco, Inc.	212,272		6,958,276		0.3%
Other Securities			183,165,931		7.6%
Total Energy			215,653,809		8.9%
Financials — (22.4%)
American Financial Group, Inc.	248,114		7,301,995		0.3%
#*AmeriCredit Corp.	308,822		7,393,199		0.3%
Assurant, Inc.	266,924		9,724,041		0.4%
#Astoria Financial Corp.	478,359		7,720,714		0.3%
*Conseco, Inc.	1,229,638		7,254,864		0.3%
First American Corp.	218,380		7,549,397		0.3%
First Niagara Financial Group, Inc.	492,124		6,840,524		0.3%
*Genworth Financial, Inc.	545,763		9,016,005		0.4%
#Huntington Bancshares, Inc.	1,239,796		8,393,419		0.4%
#*MGIC Investment Corp.	790,073		8,240,461		0.3%
NewAlliance Bancshares, Inc.	537,373		7,001,970		0.3%
#Old Republic International Corp.	511,867		7,683,124		0.3%
Radian Group, Inc.	524,943		7,448,941		0.3%
Reinsurance Group of America, Inc.	153,401		7,920,094		0.3%
RenaissanceRe Holdings, Ltd.	128,674		7,199,310		0.3%
#Susquehanna Bancshares, Inc.	678,399		7,394,549		0.3%
Transatlantic Holdings, Inc.	140,003		6,962,349		0.3%
Umpqua Holdings Corp.	519,273		7,757,939		0.3%
Webster Financial Corp.	409,887		8,492,859		0.4%
#Whitney Holding Corp.	533,457		7,308,361		0.3%
#Zions Bancorporation	262,502		7,541,682		0.3%
Other Securities			468,870,771		19.4%
Total Financials			631,016,568		26.1%
Health Care — (6.2%)
*Community Health Systems, Inc.	178,748		7,303,643		0.3%
*Coventry Health Care, Inc.	317,536		7,538,305		0.3%
#Omnicare, Inc.	250,849		6,971,094		0.3%
Other Securities			151,270,087		6.3%
Total Health Care			173,083,129		7.2%

15

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (12.5%)
#*Avis Budget Group, Inc.		578,582	$	8,748,160		0.4%
#*Owens Corning		231,002		8,034,250		0.3%
#Trinity Industries, Inc.		284,198		7,073,688		0.3%
Other Securities				327,161,219		13.5%
Total Industrials				351,017,317		14.5%
Information Technology — (11.6%)
*Arrow Electronics, Inc.		242,217		7,387,618		0.3%
*IAC/InterActiveCorp		329,849		7,395,215		0.3%
*Ingram Micro, Inc.		396,212		7,195,210		0.3%
*Sandisk Corp.		171,319		6,833,915		0.3%
*Tech Data Corp.		261,278		11,208,826		0.5%
Other Securities				286,008,379		11.8%
Total Information Technology				326,029,163		13.5%
Materials — (5.9%)
Ashland, Inc.		116,330		6,928,615		0.3%
*Century Aluminum Co.		556,132		7,496,659		0.3%
#*Domtar Corp.		107,587		7,621,463		0.3%
#MeadWestavco Corp.		313,877		8,528,038		0.4%
Other Securities				135,244,655		5.6%
Total Materials				165,819,430		6.9%
Telecommunication Services — (0.5%)
Other Securities				14,561,057		0.6%
Utilities — (0.3%)
Other Securities				7,424,206		0.3%
TOTAL COMMON STOCKS				2,401,698,820		99.4%
RIGHTS/WARRANTS — (0.0%)
Other Securities				4,100		0.0%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $9,220,000 FHLMC 4.00%, 12/15/38, valued at $9,600,325) to be repurchased at $9,458,150		$9,458		9,458,000		0.4%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (14.3%)
§ @ DFA Short Term Investment Fund		381,078,808		381,078,808		15.8%
@ Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $12,944,503 FHLMC 3.853%(r), 03/01/40 & FNMA 2.784%(r), 12/01/34, valued at $13,054,887) to be repurchased at $ 12,674,834	$	12,675		12,674,647		0.5%

16

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
@ Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $13,858,489 FNMA 5.000%, 04/01/23 & 6.000%, 01/01/48, valued at $8,368,695) to be repurchased at $8,123,962	$8,124	$	8,123,827		0.3%
TOTAL SECURITIES LENDING COLLATERAL			401,877,282		16.6%
TOTAL INVESTMENTS — (100.0%) (Cost $2,410,946,383)		$	2,813,038,202		116.4%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	434,532,927	$	7,730		—	$	434,540,657
Consumer Staples		82,553,484		—		—		82,553,484
Energy		215,653,809		—		—		215,653,809
Financials		631,016,568		—		—		631,016,568
Health Care		173,083,129		—		—		173,083,129
Industrials		351,017,317		—		—		351,017,317
Information Technology		326,026,213		2,950		—		326,029,163
Materials		165,819,430		—		—		165,819,430
Telecommunication Services		14,561,057		—		—		14,561,057
Utilities		7,424,206		—		—		7,424,206
Rights/Warrants		4,100		—		—		4,100
Temporary Cash Investments		—		9,458,000		—		9,458,000
Securities Lending Collateral		—		401,877,282		—		401,877,282
TOTAL	$	2,401,692,240	$	411,345,962		—	$	2,813,038,202

See accompanying Notes to Financial Statements.

17

U.S. SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (85.7%)
Consumer Discretionary — (17.0%)
#American Greetings Corp. Class A	1,895,583	$	46,555,518		0.6%
*Dana Holding Corp.	2,883,589		38,524,749		0.5%
#Dillard’s, Inc.	1,471,963		41,332,721		0.6%
#Foot Locker, Inc.	2,168,799		33,291,065		0.5%
#*Gaylord Entertainment Co.	1,155,083		38,984,051		0.5%
#Jarden Corp.	1,478,372		47,485,309		0.7%
Jones Apparel Group, Inc.	1,567,627		34,111,564		0.5%
*Liberty Media Corp. Capital Class A	720,039		31,876,127		0.4%
#*Saks, Inc.	3,346,439		32,627,780		0.4%
#Scholastic Corp.	1,578,517		42,635,744		0.6%
*TRW Automotive Holdings Corp.	1,014,513		32,677,464		0.4%
Other Securities			1,046,684,853		14.2%
Total Consumer Discretionary			1,466,786,945		19.9%
Consumer Staples — (2.3%)
#Universal Corp.	653,753		33,851,330		0.4%
Other Securities			160,128,636		2.2%
Total Consumer Staples			193,979,966		2.6%
Energy — (7.6%)
#*Bristow Group, Inc.	964,277		37,327,163		0.5%
#*Exterran Holdings, Inc.	1,367,300		39,856,795		0.5%
#Overseas Shipholding Group, Inc.	815,656		40,831,739		0.6%
*SEACOR Holdings, Inc.	375,100		31,572,167		0.4%
Other Securities			500,908,940		6.8%
Total Energy			650,496,804		8.8%
Financials — (19.8%)
#*AmeriCredit Corp.	1,836,606		43,968,348		0.6%
#*Conseco, Inc.	6,090,254		35,932,499		0.5%
Delphi Financial Group, Inc. Class A	1,234,497		33,948,667		0.5%
#*MGIC Investment Corp.	3,112,381		32,462,134		0.4%
NewAlliance Bancshares, Inc.	3,397,065		44,263,757		0.6%
#*PHH Corp.	1,621,457		36,790,859		0.5%
#Provident Financial Services, Inc.	2,524,606		33,274,307		0.5%
Selective Insurance Group, Inc.	1,931,259		32,271,338		0.4%
#Susquehanna Bancshares, Inc.	3,045,823		33,199,471		0.5%
Umpqua Holdings Corp.	2,455,483		36,684,916		0.5%
Unitrin, Inc.	1,219,051		35,657,242		0.5%
Webster Financial Corp.	1,742,283		36,100,104		0.5%
#Wintrust Financial Corp.	853,766		31,845,472		0.4%
Other Securities			1,235,463,661		16.7%
Total Financials			1,701,862,775		23.1%
Health Care — (4.7%)
#*LifePoint Hospitals, Inc.	1,732,785		66,157,731		0.9%
Other Securities			335,241,621		4.5%
Total Health Care			401,399,352		5.4%
Industrials — (16.0%)
#Alexander & Baldwin, Inc.	1,125,738		40,053,758		0.6%
#Applied Industrial Technologies, Inc.	1,216,512		37,444,239		0.5%
#*Avis Budget Group, Inc.	2,478,147		37,469,583		0.5%
#Briggs & Stratton Corp.	1,417,071		33,641,266		0.5%
*Esterline Technologies Corp.	1,057,070		58,963,365		0.8%
#GATX Corp.	1,410,217		46,029,483		0.6%

18

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Industrials — (Continued)
*Oshkosh Corp.	1,302,379	$	50,297,877		0.7%
#Trinity Industries, Inc.	1,822,282		45,356,599		0.6%
#*USG Corp.	1,858,713		43,865,627		0.6%
Watts Water Technologies, Inc.	882,816		31,322,312		0.4%
Other Securities			952,705,887		12.9%
Total Industrials			1,377,149,996		18.7%
Information Technology — (12.1%)
*Benchmark Electronics, Inc.	2,841,081		61,480,993		0.8%
#*Coherent, Inc.	952,417		35,782,307		0.5%
*MKS Instruments, Inc.	1,906,092		43,230,167		0.6%
#*Skyworks Solutions, Inc.	1,992,919		33,560,756		0.4%
*Tech Data Corp.	883,836		37,916,564		0.5%
*Vishay Intertechnology, Inc.	3,264,631		33,984,809		0.5%
Other Securities			796,081,163		10.8%
Total Information Technology			1,042,036,759		14.1%
Materials — (6.1%)
*Louisiana-Pacific Corp.	3,127,269		36,776,683		0.5%
#*OM Group, Inc.	861,587		32,524,909		0.4%
*PolyOne Corp.	3,134,189		35,447,678		0.5%
Westlake Chemical Corp.	1,707,624		47,950,082		0.7%
Other Securities			369,006,552		5.0%
Total Materials			521,705,904		7.1%
Other — (0.0%)
Other Securities			14,709		0.0%
Telecommunication Services — (0.1%)
Other Securities			12,098,697		0.2%
Utilities — (0.0%)
Other Securities			2,682,338		0.0%
TOTAL COMMON STOCKS			7,370,214,245		99.9%
RIGHTS/WARRANTS — (0.0%)
Other Securities			97,059		0.0%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $8,520,000 FHLMC 4.00%, 12/15/38, valued at $8,871,450) to be repurchased at $8,737,138	$8,737		8,737,000		0.1%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (14.2%)
§@DFA Short Term Investment Fund	1,161,476,248		1,161,476,248		15.8%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $70,599,223 FNMA 2.907%(r), 05/01/36 & 5.194%(r) 10/01/38, valued at $39,789,516) to be repurchased at $38,631,169	$38,631		38,630,598		0.5%

19

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@ Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $28,125,000 FNMA 5.000%, 12/01/39 & 5.500%, 07/01/35, valued at $25,622,079) to be repurchased at $24,874,931	$	24,875	$	24,874,516		0.3%
TOTAL SECURITIES LENDING COLLATERAL				1,224,981,362		16.6%
TOTAL INVESTMENTS — (100.0%) (Cost $7,681,658,373)			$	8,604,029,666		116.6%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	1,466,436,881	$	350,064		—	$	1,466,786,945
Consumer Staples		193,979,966		—		—		193,979,966
Energy		650,496,804		—		—		650,496,804
Financials		1,701,722,174		140,601		—		1,701,862,775
Health Care		400,738,705		660,647		—		401,399,352
Industrials		1,377,149,996		—		—		1,377,149,996
Information Technology		1,041,832,120		204,639		—		1,042,036,759
Materials		521,705,904		—		—		521,705,904
Other		—		14,709		—		14,709
Telecommunication Services		12,098,697		—		—		12,098,697
Utilities		2,682,338		—		—		2,682,338
Rights/Warrants		34,208		62,851		—		97,059
Temporary Cash Investments		—		8,737,000		—		8,737,000
Securities Lending Collateral		—		1,224,981,362		—		1,224,981,362
TOTAL	$	7,368,877,793	$	1,235,151,873		—	$	8,604,029,666

See accompanying Notes to Financial Statements.

20

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (84.3%)
Consumer Discretionary — (12.0%)
#*Amazon.com, Inc.	54,480	$	7,467,029		0.3%
Comcast Corp. Class A	354,209		6,992,086		0.3%
*DIRECTV Class A	212,022		7,681,557		0.3%
Home Depot, Inc.	205,825		7,255,331		0.3%
McDonald’s Corp.	129,657		9,152,488		0.3%
Time Warner, Inc.	196,723		6,507,597		0.2%
Walt Disney Co. (The)	331,641		12,217,654		0.5%
Other Securities			310,429,958		11.8%
Total Consumer Discretionary			367,703,700		14.0%
Consumer Staples — (6.7%)
Coca-Cola Co. (The)	276,700		14,789,615		0.5%
CVS Caremark Corp.	263,150		9,718,130		0.4%
Kraft Foods, Inc.	255,784		7,571,206		0.3%
PepsiCo, Inc.	204,747		13,353,599		0.5%
Philip Morris International, Inc.	227,096		11,145,872		0.4%
Procter & Gamble Co.	344,026		21,384,656		0.8%
Wal-Mart Stores, Inc.	432,810		23,220,256		0.9%
Other Securities			104,762,140		4.0%
Total Consumer Staples			205,945,474		7.8%
Energy — (8.0%)
Chevron Corp.	343,420		27,968,125		1.1%
ConocoPhillips	254,226		15,047,637		0.6%
Exxon Mobil Corp.	469,066		31,826,128		1.2%
Occidental Petroleum Corp.	76,653		6,796,055		0.2%
Schlumberger, Ltd.	144,689		10,333,688		0.4%
Other Securities			153,066,956		5.8%
Total Energy			245,038,589		9.3%
Financials — (14.2%)
American Express Co.	145,973		6,732,275		0.3%
Bank of America Corp.	1,715,765		30,592,090		1.2%
Bank of New York Mellon Corp. (The)	206,666		6,433,513		0.2%
*Citigroup, Inc.	1,506,027		6,581,338		0.2%
Goldman Sachs Group, Inc. (The)	86,215		12,518,418		0.5%
JPMorgan Chase & Co.	673,089		28,660,130		1.1%
MetLife, Inc.	138,105		6,294,826		0.2%
Morgan Stanley	236,957		7,160,841		0.3%
U.S. Bancorp	238,444		6,383,146		0.2%
Wells Fargo & Co.	766,713		25,385,867		1.0%
Other Securities			298,656,707		11.3%
Total Financials			435,399,151		16.5%
Health Care — (9.3%)
Abbott Laboratories	188,919		9,665,096		0.4%
*Amgen, Inc.	127,585		7,318,276		0.3%
Johnson & Johnson	326,256		20,978,261		0.8%
*Merck & Co., Inc.	393,019		13,771,386		0.5%
*Pfizer, Inc.	1,235,434		20,656,456		0.8%
Other Securities			213,251,422		8.1%
Total Health Care			285,640,897		10.9%
Industrials — (10.9%)
3M Co.	83,434		7,398,093		0.3%
#Boeing Co. (The)	92,878		6,727,154		0.3%

21

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (Continued)
General Electric Co.		1,769,875	$	33,379,842		1.3%
Union Pacific Corp.		84,254		6,374,658		0.2%
United Technologies Corp.		108,520		8,133,574		0.3%
Other Securities				272,078,932		10.3%
Total Industrials				334,092,253		12.7%
Information Technology — (14.1%)
*Apple, Inc.		110,602		28,880,394		1.1%
*Cisco Sytems, Inc.		713,334		19,202,951		0.7%
*Google, Inc.		29,847		15,682,808		0.6%
Hewlett-Packard Co.		285,439		14,834,265		0.6%
Intel Corp.		671,946		15,340,527		0.6%
International Business Machines Corp.		142,211		18,345,219		0.7%
Microsoft Corp.		1,056,293		32,259,188		1.2%
Oracle Corp.		589,802		15,240,484		0.6%
QUALCOMM, Inc.		204,477		7,921,439		0.3%
Other Securities				267,554,577		10.1%
Total Information Technology				435,261,852		16.5%
Materials — (4.2%)
Other Securities				129,408,323		4.9%
Other — (0.0%)
Other Securities				—		0.0%
Telecommunication Services — (2.0%)
AT&T, Inc.		1,000,627		26,076,340		1.0%
Verizon Communications, Inc.		484,983		14,011,159		0.5%
Other Securities				22,793,106		0.9%
Total Telecommunication Services				62,880,605		2.4%
Utilities — (2.9%)
Other Securities				90,238,761		3.4%
TOTAL COMMON STOCKS				2,591,609,605		98.4%
RIGHTS/WARRANTS — (0.0%)
Other Securities				3,596		0.0%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19% 05/03/10 (Collateralized by $12,030,000 FNMA 6.00%, 10/01/38, valued at $8,201,241) to be repurchased at $8,077,128	$	8,077		8,077,000		0.3%
	Shares/ Face Amount		Value†
	(000)
SECURITIES LENDING COLLATERAL — (15.4%)
§@DFA Short Term Investment Fund		449,186,253		449,186,253		17.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.20%, 05/03/10 (Collateralized by $15,103,376 FHLMC 5.934%(r), 01/01/38 & FNMA 2.784%(r), 12/01/34, valued at $15,388,092)to be repurchased at $14,940,144		$14,940		14,939,895		0.6%

22

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
@ Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $21,075,000 FNMA 5.000%, 04/01/23 & 7.000%, 11/01/37, valued at $9,948,676) to be repurchased at $9,658,358	$9,658	$	9,658,197		0.4%
TOTAL SECURITIES LENDING COLLATERAL			473,784,345		18.0%
TOTAL INVESTMENTS — (100.0%)
(Cost $2,891,597,693)		$	3,073,474,546		116.7%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2			Level 3		Total
Common Stocks
Consumer Discretionary	$	367,699,700	$	4,000			—	$	367,703,700
Consumer Staples		205,945,474		—			—		205,945,474
Energy		245,038,589		—			—		245,038,589
Financials		435,395,928		3,223			—		435,399,151
Health Care		285,617,033		23,864			—		285,640,897
Industrials		334,092,253		—			—		334,092,253
Information Technology		435,261,073		779	��		—		435,261,852
Materials		129,408,323		—			—		129,408,323
Other		—		—			—		—
Telecommunication Services		62,880,605		—			—		62,880,605
Utilities		90,238,761		—			—		90,238,761
Rights/Warrants		1,379		2,217			—		3,596
Temporary Cash Investments		—		8,077,000			—		8,077,000
Securities Lending Collateral		—		473,784,345			—		473,784,345
TOTAL	$	2,591,579,118	$	481,895,428			—	$	3,073,474,546

See accompanying Notes to Financial Statements.

23

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (86.5%)
Consumer Discretionary — (13.7%)
Carnival Corp.	264,200	$	11,017,140		0.2%
Comcast Corp. Class A	904,003		17,845,019		0.4%
*DIRECTV Class A	358,389		12,984,433		0.3%
Lowe’s Cos., Inc.	589,812		15,995,701		0.3%
News Corp. Class A	776,144		11,968,140		0.3%
#*Sears Holdings Corp.	103,265		12,489,902		0.3%
Time Warner, Inc.	505,637		16,726,472		0.3%
Walt Disney Co. (The)	780,070		28,737,779		0.6%
Other Securities			629,530,153		13.1%
Total Consumer Discretionary			757,294,739		15.8%
Consumer Staples — (5.5%)
CVS Caremark Corp.	598,385		22,098,358		0.5%
Kraft Foods, Inc.	623,555		18,457,228		0.4%
PepsiCo, Inc.	187,890		12,254,186		0.2%
Procter & Gamble Co.	526,472		32,725,500		0.7%
Wal-Mart Stores, Inc.	406,631		21,815,753		0.4%
Other Securities			199,359,126		4.2%
Total Consumer Staples			306,710,151		6.4%
Energy — (8.5%)
Anadarko Petroleum Corp.	217,215		13,502,084		0.3%
Apache Corp.	143,863		14,639,499		0.3%
Chevron Corp.	675,361		55,001,400		1.2%
ConocoPhillips	621,821		36,805,585		0.8%
Devon Energy Corp.	160,926		10,835,148		0.2%
EOG Resources, Inc.	99,631		11,170,628		0.2%
Exxon Mobil Corp.	448,624		30,439,138		0.6%
Occidental Petroleum Corp.	168,102		14,903,923		0.3%
XTO Energy, Inc.	240,650		11,435,688		0.2%
Other Securities			270,511,048		5.7%
Total Energy			469,244,141		9.8%
Financials — (17.2%)
Bank of America Corp.	3,505,508		62,503,208		1.3%
#Bank of New York Mellon Corp. (The)	485,231		15,105,241		0.3%
Goldman Sachs Group, Inc. (The)	200,183		29,066,572		0.6%
JPMorgan Chase & Co.	1,758,487		74,876,376		1.6%
MetLife, Inc.	335,580		15,295,736		0.3%
Morgan Stanley	560,059		16,924,983		0.3%
PNC Financial Services Group, Inc.	186,032		12,503,211		0.3%
Prudential Financial, Inc.	187,742		11,932,882		0.2%
Travelers Cos., Inc. (The)	240,418		12,198,809		0.3%
Wells Fargo & Co.	1,960,826		64,922,949		1.4%
Other Securities			633,706,059		13.2%
Total Financials			949,036,026		19.8%
Health Care — (8.5%)
Johnson & Johnson	311,240		20,012,732		0.4%
*Pfizer, Inc.	2,232,446		37,326,497		0.8%
*UnitedHealth Group, Inc.	491,713		14,903,821		0.3%
*WellPoint, Inc.	211,328		11,369,446		0.2%
Other Securities			383,830,565		8.0%
Total Health Care			467,443,061		9.7%

24

U.S.CORE EQUITY 2PORTFOLIO

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Industrials — (12.0%)
FedEx Corp.	133,279	$	11,996,443		0.3%
General Electric Co.	4,131,492		77,919,939		1.6%
Union Pacific Corp.	214,975		16,265,008		0.3%
Other Securities			557,123,524		11.6%
Total Industrials			663,304,914		13.8%
Information Technology — (12.0%)
*Apple, Inc.	72,936		19,045,048		0.4%
*Cisco Sytems, Inc.	628,869		16,929,153		0.4%
*Google, Inc.	21,286		11,184,516		0.2%
Hewlett-Packard Co.	421,467		21,903,640		0.5%
Intel Corp.	623,464		14,233,683		0.3%
International Business Machines Corp.	91,559		11,811,111		0.2%
Microsoft Corp.	730,054		22,295,849		0.5%
Oracle Corp.	435,610		11,256,162		0.2%
Other Securities			534,096,836		11.1%
Total Information Technology			662,755,998		13.8%
Materials — (4.6%)
Dow Chemical Co. (The)	485,224		14,959,456		0.3%
Other Securities			241,700,768		5.1%
Total Materials			256,660,224		5.4%
Other — (0.0%)
Other Securities			63		0.0%
Telecommunication Services — (2.5%)
AT&T, Inc.	2,275,649		59,303,413		1.2%
Verizon Communications, Inc.	1,203,470		34,768,248		0.7%
Other Securities			41,856,375		0.9%
Total Telecommunication Services			135,928,036		2.8%
Utilities — (2.0%)
Other Securities			113,238,417		2.4%
TOTAL COMMON STOCKS			4,781,615,770		99.7%
RIGHTS/WARRANTS — (0.0%)
Other Securities			7,948		0.0%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19% 05/03/10 (Collateralized by $9,630,000 FHLMC 5.00%, 10/15/24, valued at $10,340,213) to be repurchased at $10,187,161	$10,187		10,187,000		0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (13.3%)
§@DFA Short Term Investment Fund	696,221,220		696,221,220		14.5%

25

U.S.CORE EQUITY 2PORTFOLIO

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@ Repurchase Agreement, Deutsche Bank Securities, Inc. 0.17%, 05/03/10 (Collateralized by $32,098,097 FNMA 6.122%(r), 08/01/37 & 3.607%(r), 02/01/40, valued at $23,850,945) to be repurchased at $23,156,585	$	23,156	$	23,156,257		0.5%
@ Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $32,115,000 FNMA, rates ranging from 4.000% to 6.000%, maturities ranging from 04/01/33 to 01/01/39, valued at $15,515,279) to be repurchased at $15,062,604		15,062		15,062,353		0.3%
TOTAL SECURITIES LENDING COLLATERAL				734,439,830		15.3%
TOTAL INVESTMENTS — (100.0%) (Cost $5,342,736,743)			$	5,526,250,548		115.2%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	757,285,571	$	9,168		—	$	757,294,739
Consumer Staples		306,710,151		—		—		306,710,151
Energy		469,244,141		—		—		469,244,141
Financials		949,020,994		15,032		—		949,036,026
Health Care		467,378,741		64,320		—		467,443,061
Industrials		663,304,914		—		—		663,304,914
Information Technology		662,754,400		1,598		—		662,755,998
Materials		256,660,224		—		—		256,660,224
Other		—		63		—		63
Telecommunication Services		135,928,036		—		—		135,928,036
Utilities		113,238,417		—		—		113,238,417
Rights/Warrants		1,604		6,344		—		7,948
Temporary Cash Investments		—		10,187,000		—		10,187,000
Securities Lending Collateral		—		734,439,830		—		734,439,830
TOTAL	$	4,781,527,193	$	744,723,355		—	$	5,526,250,548

See accompanying Notes to Financial Statements.

26

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (83.1%)
Consumer Discretionary — (14.4%)
Carnival Corp.	88,808	$	3,703,294		0.2%
Comcast Corp. Class A	298,194		5,886,350		0.4%
*Liberty Media Corp. Capital Series A	92,738		4,105,511		0.3%
*Liberty Media Corp. Interactive Class A	261,629		4,021,238		0.3%
#*Royal Caribbean Cruises, Ltd.	96,362		3,453,614		0.2%
#*Sears Holdings Corp.	39,760		4,808,972		0.3%
Time Warner Cable, Inc.	58,725		3,303,281		0.2%
Time Warner, Inc.	198,927		6,580,505		0.4%
Walt Disney Co. (The)	116,753		4,301,181		0.3%
#Wyndham Worldwide Corp.	139,138		3,730,290		0.2%
Other Securities			225,060,038		14.5%
Total Consumer Discretionary			268,954,274		17.3%
Consumer Staples — (4.0%)
CVS Caremark Corp.	99,513		3,675,015		0.3%
J.M. Smucker Co.	57,294		3,498,945		0.2%
Kraft Foods, Inc.	120,422		3,564,491		0.3%
Procter & Gamble Co.	82,070		5,101,471		0.3%
Other Securities			57,807,428		3.7%
Total Consumer Staples			73,647,350		4.8%
Energy — (7.9%)
Anadarko Petroleum Corp.	62,467		3,882,949		0.3%
Chevron Corp.	81,807		6,662,362		0.4%
ConocoPhillips	197,546		11,692,748		0.8%
Exxon Mobil Corp.	85,572		5,806,060		0.4%
#Pioneer Natural Resources Co.	54,700		3,507,911		0.2%
XTO Energy, Inc.	69,919		3,322,551		0.2%
Other Securities			111,927,756		7.2%
Total Energy			146,802,337		9.5%
Financials — (20.1%)
American Financial Group, Inc.	129,237		3,803,445		0.2%
Ameriprise Financial, Inc.	71,956		3,335,880		0.2%
Bank of America Corp.	677,111		12,072,889		0.8%
#*CNA Financial Corp.	129,608		3,644,577		0.2%
Comerica, Inc.	81,229		3,411,618		0.2%
Discover Financial Services	249,169		3,852,153		0.3%
*Genworth Financial, Inc.	227,807		3,763,372		0.2%
Goldman Sachs Group, Inc. (The)	27,218		3,952,054		0.3%
JPMorgan Chase & Co.	539,281		22,962,585		1.5%
KeyCorp	396,640		3,577,693		0.2%
Lincoln National Corp.	134,039		4,100,253		0.3%
#M&T Bank Corp.	50,301		4,393,792		0.3%
MetLife, Inc.	99,035		4,514,015		0.3%
Morgan Stanley	142,315		4,300,759		0.3%
Prudential Financial, Inc.	55,556		3,531,139		0.2%
Regions Financial Corp.	512,822		4,533,346		0.3%
Travelers Cos., Inc. (The)	73,100		3,709,094		0.2%
Unum Group	203,475		4,979,033		0.3%
Wells Fargo & Co.	215,157		7,123,848		0.5%
Other Securities			268,783,164		17.3%
Total Financials			374,344,709		24.1%
Health Care — (7.1%)
*Pfizer, Inc.	326,770		5,463,594		0.4%

27

U.S.VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Health Care — (Continued)
*WellPoint, Inc.	62,400	$	3,357,120		0.2%
Other Securities			123,055,418		7.9%
Total Health Care			131,876,132		8.5%
Industrials — (11.2%)
General Electric Co.	371,684		7,009,960		0.5%
*Owens Corning	107,808		3,749,562		0.2%
Other Securities			198,186,535		12.8%
Total Industrials			208,946,057		13.5%
Information Technology — (11.0%)
*Sandisk Corp.	90,011		3,590,539		0.2%
Tellabs, Inc.	426,210		3,869,987		0.3%
Other Securities			196,907,462		12.7%
Total Information Technology			204,367,988		13.2%
Materials — (4.7%)
Ashland, Inc.	54,786		3,263,054		0.2%
International Paper Co.	127,026		3,396,675		0.2%
MeadWestavco Corp.	151,161		4,107,044		0.3%
Other Securities			76,628,722		4.9%
Total Materials			87,395,495		5.6%
Other — (0.0%)
Other Securities			6		0.0%
Telecommunication Services — (1.6%)
AT&T, Inc.	497,177		12,956,433		0.8%
Verizon Communications, Inc.	187,987		5,430,944		0.4%
Other Securities			12,221,087		0.8%
Total Telecommunication Services			30,608,464		2.0%
Utilities — (1.1%)
Other Securities			20,527,827		1.3%
TOTAL COMMON STOCKS			1,547,470,639		99.8%
RIGHTS/WARRANTS — (0.0%)
Other Securities			6,085		0.0%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (16.9%)
§@DFA Short Term Investment Fund	299,304,904		299,304,904		19.3%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $9,879,544 FHLMC 3.853%(r), 03/01/40, valued at $10,263,554) to be repurchased at $9,964,762	$9,965		9,964,615		0.6%
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $10,161,731 FNMA 6.000%, 12/01/36 & 01/01/48, valued at $6,663,834) to be repurchased at $6,469,392	6,469		6,469,284		0.4%
TOTAL SECURITIES LENDING COLLATERAL			315,738,803		20.3%
TOTAL INVESTMENTS — (100.0%) (Cost $1,781,263,090)			$1,863,215,527		120.1%

28

U.S.VECTOR EQUITY PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	268,944,274	$	10,000		—	$	268,954,274
Consumer Staples		73,647,350		—		—		73,647,350
Energy		146,802,337		—		—		146,802,337
Financials		374,330,447		14,262		—		374,344,709
Health Care		131,854,521		21,611		—		131,876,132
Industrials		208,946,057		—		—		208,946,057
Information Technology		204,366,813		1,175		—		204,367,988
Materials		87,395,495		—		—		87,395,495
Other		—		6		—		6
Telecommunication Services		30,608,464		—		—		30,608,464
Utilities		20,527,827		—		—		20,527,827
Rights/Warrants		403		5,682		—		6,085
Securities Lending Collateral		—		315,738,803		—		315,738,803
TOTAL	$	1,547,423,988	$	315,791,539		—	$	1,863,215,527

See accompanying Notes to Financial Statements.

29

U.S. SMALL CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (81.7%)
Consumer Discretionary — (15.5%)
Cooper Tire & Rubber Co.	234,201		$	4,969,745		0.1%
#*Deckers Outdoor Corp.	35,900			5,046,822		0.2%
Dillard’s, Inc.	167,616			4,706,657		0.1%
*Liberty Media Corp. Capital Series A	304,050	��		13,460,294		0.4%
*Pier 1 Imports, Inc.	682,993			5,655,182		0.2%
#Polaris Industries, Inc.	124,600			7,372,582		0.2%
*Radio One, Inc.	1,068,442			5,384,948		0.2%
#Sotheby’s Class A	157,872			5,272,925		0.2%
*Tempur-Pedic International, Inc.	161,981			5,458,760		0.2%
*WABCO Holdings, Inc.	140,934			4,677,599		0.1%
Other Securities				564,907,148		16.9%
Total Consumer Discretionary				626,912,662		18.8%
Consumer Staples — (2.7%)
Casey’s General Stores, Inc.	137,677			5,318,463		0.2%
Lancaster Colony Corp.	86,132			4,734,676		0.1%
Nu Skin Enterprises, Inc. Class A	180,500			5,425,830		0.2%
Other Securities				93,665,109		2.8%
Total Consumer Staples				109,144,078		3.3%
Energy — (4.5%)
*Brigham Exploration Co.	247,502			4,828,764		0.1%
#CARBO Ceramics, Inc.	66,655			4,882,479		0.2%
*Mariner Energy, Inc.	254,423			6,075,621		0.2%
Other Securities				167,858,533		5.0%
Total Energy				183,645,397		5.5%
Financials — (11.1%)
Protective Life Corp.	196,288			4,724,652		0.2%
#Westamerica Bancorporation	79,557			4,675,565		0.1%
Other Securities				440,536,902		13.2%
Total Financials				449,937,119		13.5%
Health Care — (10.8%)
#*AMERIGROUP Corp.	133,000			4,819,920		0.1%
*Catalyst Health Solutions, Inc.	114,340			4,837,725		0.2%
*ev3, Inc.	257,788			4,931,484		0.2%
*InterMune, Inc.	112,673			4,795,363		0.1%
Quality Systems, Inc.	72,918			4,667,481		0.1%
*Salix Pharmaceuticals, Ltd.	127,741			5,135,188		0.2%
#*Thoratec Corp.	130,751			5,830,187		0.2%
Other Securities				404,337,029		12.1%
Total Health Care				439,354,377		13.2%
Industrials — (14.2%)
#Acuity Brands, Inc.	103,448			4,676,884		0.1%
*BE Aerospace, Inc.	178,130			5,292,242		0.2%
*EMCOR Group, Inc.	176,300			5,035,128		0.2%
Graco, Inc.	134,522			4,665,223		0.1%
*Graftech International, Ltd.	276,900			4,668,534		0.1%
#Knight Transportation, Inc.	227,179			4,836,641		0.2%
#Trinity Industries, Inc.	187,600			4,669,364		0.1%
#*UAL Corp.	273,284			5,897,469		0.2%
*United Stationers, Inc.	76,209			4,665,515		0.1%
#*USG Corp.	225,188			5,314,437		0.2%
*Wabash National Corp.	490,296			4,765,677		0.1%

30

U.S.SMALL CAP PORTFOLIO

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Industrials — (Continued)
Other Securities		$	520,530,748		15.6%
Total Industrials			575,017,862		17.2%
Information Technology — (16.0%)
#Adtran, Inc.	210,232		5,627,911		0.2%
#*Atheros Communications, Inc.	149,872		5,821,028		0.2%
#*CyberSource Corp.	188,388		4,837,804		0.1%
*JDS Uniphase Corp.	448,452		5,825,391		0.2%
#*Loral Space & Communications, Inc.	128,378		5,527,957		0.2%
Plantronics, Inc.	144,900		4,810,680		0.1%
*Quest Software, Inc.	296,730		5,201,677		0.1%
*RF Micro Devices, Inc.	1,055,523		5,932,039		0.2%
*TIBCO Software, Inc.	474,473		5,408,992		0.2%
Other Securities			598,023,824		17.9%
Total Information Technology			647,017,303		19.4%
Materials — (4.3%)
Cabot Corp.	150,335		4,891,901		0.2%
#*Domtar Corp.	66,476		4,709,160		0.1%
NewMarket Corp.	43,500		4,785,000		0.1%
*Rockwood Holdings, Inc.	162,997		4,880,130		0.1%
*Solutia, Inc.	279,292		4,915,539		0.2%
Other Securities			151,243,544		4.5%
Total Materials			175,425,274		5.2%
Other — (0.0%)
Other Securities			1,790		0.0%
Telecommunication Services — (0.8%)
Other Securities			30,446,857		0.9%
Utilities — (1.8%)
Other Securities			72,252,634		2.2%
TOTAL COMMON STOCKS			3,309,155,353		99.2%
EXCHANGE-TRADED FUND — (0.1%)
UNITED STATES — (0.1%)
Other Securities	33,300		2,383,614		0.1%
RIGHTS/WARRANTS — (0.0%)
Other Securities			77,831		0.0%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.5%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $62,710,000 FNMA 3.52%, 03/01/40, valued at $63,385,285) to be repurchased at $62,446,989	$62,446		62,446,000		1.9%

31

U.S.SMALL CAP PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (16.7%)
§@DFA Short Term Investment Fund	641,398,773		$641,398,773		19.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $48,006,485 FHLMC 5.765%(r), 11/01/36 & FNMA 3.607%(r), 02/01/40, valued at $21,972,852) to be repurchased at $21,333,182	$21,333		21,332,866		0.7%
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $16,120,000 FNMA 4.000%, 01/01/39, valued at $14,190,869) to be repurchased at $13,776,708	13,776		13,776,478		0.4%
TOTAL SECURITIES LENDING COLLATERAL			676,508,117		20.3%
TOTAL INVESTMENTS — (100.0%)   (Cost $3,412,523,196)		$	4,050,570,915		121.5%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	626,818,649	$	94,013		—	$	626,912,662
Consumer Staples		109,144,078		—		—		109,144,078
Energy		183,645,397		—		—		183,645,397
Financials		449,809,608		127,511		—		449,937,119
Health Care		439,222,896		131,481		—		439,354,377
Industrials		575,017,862		—		—		575,017,862
Information Technology		646,995,468		21,835		—		647,017,303
Materials		175,425,274		—		—		175,425,274
Other		—		1,790		—		1,790
Telecommunication Services		30,446,857		—		—		30,446,857
Utilities		72,252,634		—		—		72,252,634
Exchange-Traded Fund		2,383,614		—		—		2,383,614
Rights/Warrants		12,852		64,979		—		77,831
Temporary Cash Investments		—		62,446,000		—		62,446,000
Securities Lending Collateral		—		676,508,117		—		676,508,117
TOTAL	$	3,311,175,189	$	739,395,726		—	$	4,050,570,915

See accompanying Notes to Financial Statements.

32

U.S. MICRO CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (86.3%)
Consumer Discretionary — (16.2%)
#*ArvinMeritor, Inc.	671,630	$	10,289,372		0.3%
Belo Corp.	802,235		6,955,377		0.2%
#Brunswick Corp.	420,780		8,794,302		0.2%
#Dillard’s, Inc.	363,584		10,209,439		0.3%
*Jo-Ann Stores, Inc.	231,900		10,231,428		0.3%
#*Jos. A. Bank Clothiers, Inc.	176,578		10,746,537		0.3%
Monro Muffler Brake, Inc.	187,706		6,731,137		0.2%
*Pinnacle Entertainment, Inc.	540,950		7,319,054		0.2%
*Steven Madden, Ltd.	180,802		10,479,284		0.3%
Systemax, Inc.	342,869		7,964,847		0.2%
#*True Religion Apparel, Inc.	215,705		6,740,781		0.2%
*Valassis Communications, Inc.	395,647		12,933,700		0.4%
Other Securities			553,573,667		15.7%
Total Consumer Discretionary			662,968,925		18.8%
Consumer Staples — (3.9%)
#Cal-Maine Foods, Inc.	207,719		6,933,660		0.2%
J & J Snack Foods Corp.	181,697		8,465,263		0.2%
PriceSmart, Inc.	296,600		7,379,408		0.2%
Other Securities			137,181,451		3.9%
Total Consumer Staples			159,959,782		4.5%
Energy — (3.4%)
*Brigham Exploration Co.	345,770		6,745,973		0.2%
*Rosetta Resources, Inc.	465,856		11,599,814		0.3%
Other Securities			121,544,201		3.5%
Total Energy			139,889,988		4.0%
Financials — (12.1%)
#FBL Financial Group, Inc. Class A	293,211		7,576,572		0.2%
First Financial Bancorp	373,026		7,128,527		0.2%
Horace Mann Educators Corp.	431,532		7,426,666		0.2%
Infinity Property & Casualty Corp.	144,873		6,682,991		0.2%
#*Portfolio Recovery Associates, Inc.	132,892		8,833,331		0.3%
Other Securities			454,973,313		12.9%
Total Financials			492,621,400		14.0%
Health Care — (12.5%)
*Human Genome Sciences, Inc.	244,427		6,768,184		0.2%
#*Incyte Corp.	685,953		9,205,489		0.2%
#*InterMune, Inc.	307,087		13,069,623		0.4%
#Invacare Corp.	251,311		6,642,150		0.2%
*Odyssey Healthcare, Inc.	322,388		6,715,342		0.2%
*Par Pharmaceutical Cos., Inc.	271,575		7,370,546		0.2%
Other Securities			462,022,920		13.1%
Total Health Care			511,794,254		14.5%
Industrials — (14.4%)
American Science & Engineering, Inc.	88,885		6,679,708		0.2%
*Dollar Thrifty Automotive Group, Inc.	196,339		8,636,953		0.2%
*Griffon Corp.	482,883		6,808,650		0.2%
#Healthcare Services Group, Inc.	345,408		7,422,818		0.2%
Other Securities			557,639,148		15.8%
Total Industrials			587,187,277		16.6%

33

U.S.MICRO CAP PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Information Technology — (17.6%)
*Applied Micro Circuits Corp.		660,413	$	7,449,459		0.2%
*Cabot Microelectronics Corp.		234,301		8,987,786		0.3%
*Cirrus Logic, Inc.		659,171		8,378,063		0.2%
*Forrester Research, Inc.		224,649		7,213,479		0.2%
#*IPG Photonics Corp.		458,850		8,034,464		0.2%
*JDA Software Group, Inc.		289,086		8,354,585		0.2%
*L-1 Identity Solutions, Inc.		788,924		6,839,971		0.2%
*Littlefuse, Inc.		204,498		8,635,951		0.3%
#*Loral Space & Communications, Inc.		173,428		7,467,810		0.2%
#*Manhattan Associates, Inc.		243,170		6,969,252		0.2%
Maximus, Inc.		144,349		8,936,647		0.3%
*Monolithic Power Systems, Inc.		283,490		6,988,028		0.2%
#*ScanSource, Inc.		237,698		6,622,266		0.2%
#*Ultimate Software Group, Inc.		243,491		8,144,774		0.2%
Other Securities				609,922,825		17.3%
Total Information Technology				718,945,360		20.4%
Materials — (3.8%)
#AMCOL International Corp.		271,602		7,805,841		0.2%
Arch Chemicals, Inc.		221,263		7,525,155		0.2%
#*Louisiana-Pacific Corp.		634,145		7,457,545		0.2%
Other Securities				130,530,274		3.7%
Total Materials				153,318,815		4.3%
Other — (0.0%)
Other Securities				10,290		0.0%
Telecommunication Services — (1.0%)
Other Securities				40,328,263		1.1%
Utilities — (1.4%)
#MGE Energy, Inc.		197,335		7,254,035		0.2%
Other Securities				48,321,048		1.4%
Total Utilities				55,575,083		1.6%
TOTAL COMMON STOCKS				3,522,599,437		99.8%
RIGHTS/WARRANTS — (0.0%)
Other Securities				62,051		0.0%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $5,030,000 FHLMC 4.00%, 12/15/38, valued at $5,237,488) to be repurchased at $5,159,082	$	5,159		5,159,000		0.1%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (13.6%)
§@DFA Short Term Investment Fund		524,081,091		524,081,091		14.9%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $21,035,658 FHLMC 5.997%(r), 12/01/36 & U.S. Treasury Note 3.875%, 5/15/10, valued at $17,823,421) to be repurchased at $17,431,149		$17,431		17,430,891		0.5%

34

U.S.MICRO CAP PORTFOLIO

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@ Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $17,689,783 FNMA 6.000%, 04/01/36 & 4.000%, 01/01/39, valued at $11,605,430) to be repurchased at $11,267,257	$	11,267	$	11,267,069		0.3%
TOTAL SECURITIES LENDING COLLATERAL				552,779,051		15.7%
TOTAL INVESTMENTS — (100.0%) (Cost $3,559,541,460)			$	4,080,599,539		115.6%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	662,707,949	$	260,976		—	$	662,968,925
Consumer Staples		159,959,782		—		—		159,959,782
Energy		139,889,988		—		—		139,889,988
Financials		492,440,328		181,072		—		492,621,400
Health Care		511,593,181		201,073		—		511,794,254
Industrials		587,187,277		—		—		587,187,277
Information Technology		718,945,360		—		—		718,945,360
Materials		153,318,815		—		—		153,318,815
Other		—		10,290		—		10,290
Telecommunication Services		40,328,263		—		—		40,328,263
Utilities		55,575,083		—		—		55,575,083
Rights/Warrants		9,603		52,448		—		62,051
Temporary Cash Investments		—		5,159,000		—		5,159,000
Securities Lending Collateral		—		552,779,051		—		552,779,051
TOTAL	$	3,521,955,629	$	558,643,910		—	$	4,080,599,539

See accompanying Notes to Financial Statements.

35

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (71.9%)
Health Care — (0.0%)
Other Securities		$	111,136		0.0%
Real Estate Investment Trusts — (71.9%)
#*Alexander’s, Inc.	54,882		17,442,597		0.7%
#Alexandria Real Estate Equities, Inc.	428,492		30,341,519		1.2%
#AMB Property Corp.	1,426,481		39,741,761		1.5%
#Apartment Investment & Management Co. Class A	1,133,280		25,396,805		1.0%
#AvalonBay Communities, Inc.	788,909		82,078,092		3.1%
BioMed Realty Trust, Inc.	961,082		17,789,628		0.7%
#Boston Properties, Inc.	1,344,500		106,027,270		4.0%
#BRE Properties, Inc. Class A	533,915		22,296,290		0.8%
#Camden Property Trust	625,703		30,302,796		1.1%
#CBL & Associates Properties, Inc.	1,337,556		19,528,318		0.7%
#Corporate Office Properties Trust	569,300		23,028,185		0.9%
#Developers Diversified Realty Corp.	1,889,135		23,217,469		0.9%
#Digital Realty Trust, Inc.	746,018		43,791,257		1.7%
#Douglas Emmett, Inc.	1,179,638		19,747,140		0.8%
#Duke Realty Corp.	2,175,215		29,430,659		1.1%
#Entertainment Properties Trust	398,314		17,414,288		0.7%
Equity Lifestyle Properties, Inc.	296,304		16,447,835		0.6%
#Equity One, Inc.	843,219		16,366,881		0.6%
#Equity Residential	2,692,406		121,885,220		4.6%
#Essex Property Trust, Inc.	283,871		30,039,229		1.1%
#Federal Realty Investment Trust	597,315		46,226,208		1.8%
#HCP, Inc.	2,865,022		92,024,507		3.5%
#Health Care REIT, Inc.	1,199,373		53,887,829		2.0%
#Highwood Properties, Inc.	695,760		22,243,447		0.8%
#Home Properties, Inc.	336,980		16,744,536		0.6%
Hospitality Properties Trust	1,202,927		31,865,536		1.2%
#Host Marriott Corp.	6,147,086		99,951,618		3.8%
#HRPT Properties Trust	2,182,608		17,111,647		0.7%
#Kimco Realty Corp.	3,947,170		61,536,380		2.3%
Lasalle Hotel Properties	620,585		16,352,415		0.6%
#Liberty Property Trust	1,099,467		37,172,979		1.4%
#Macerich Co. (The)	909,383		40,658,514		1.5%
Mack-Cali Realty Corp.	772,125		26,530,215		1.0%
#National Retail Properties, Inc.	808,949		19,034,570		0.7%
#Nationwide Health Properties, Inc.	1,102,624		38,613,892		1.5%
#Omega Healthcare Investors, Inc.	829,835		16,613,297		0.6%
#ProLogis	4,471,399		58,888,325		2.2%
#Public Storage	1,652,966		160,188,935		6.1%
#Realty Income Corp.	1,017,912		33,377,334		1.3%
#Regency Centers Corp.	813,087		33,377,221		1.3%
#Senior Housing Properties Trust	1,241,932		27,918,631		1.1%
#Simon Property Group, Inc.	2,764,522		246,097,748		9.3%
#SL Green Realty Corp.	758,783		47,173,539		1.8%
#Tanger Factory Outlet Centers, Inc.	392,198		16,315,437		0.6%
#Taubman Centers, Inc.	521,447		22,615,156		0.9%
#UDR, Inc.	1,491,932		30,301,139		1.1%
#Ventas, Inc.	1,520,028		71,790,922		2.7%
#Vornado Realty Trust	1,757,740		146,542,784		5.6%
#Washington REIT	584,672		18,387,934		0.7%
#Weingarten Realty Investors	1,164,991		26,934,592		1.0%
Other Securities			325,766,796		12.3%
Total Real Estate Investment Trusts			2,634,557,322		99.8%
TOTAL COMMON STOCKS			2,634,668,458		99.8%

36

DFAREAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Face Amount	Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $3,370,000 FNMA 1.213%(v), 11/25/39, valued at $2,900,437) to be repurchased at $2,857,045	$2,857	$	2,857,000		0.1%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (28.0%)
§@DFA Short Term Investment Fund	972,020,458		972,020,458		36.8%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $51,596,850 FNMA, rates ranging from 2.688%(r) to 3.518%(r), maturities ranging from 03/01/35 to 12/01/39, valued at $33,299,194) to be repurchased at $32,329,792	$32,329		32,329,314		1.3%
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $41,740,000 FNMA, rates ranging from 5.000% to 6.000%, maturities ranging from 05/01/34 to 01/01/36, valued at $21,692,600) to be repurchased at $21,059,846	21,059		21,059,495		0.8%
TOTAL SECURITIES LENDING COLLATERAL			1,025,409,267		38.9%
TOTAL INVESTMENTS — (100.0%) (Cost $3,368,526,526)		$	3,662,934,725		138.8%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Health Care	$	111,136		—		—	$	111,136
Real Estate Investment Trusts		2,634,557,322		—		—		2,634,557,322
Temporary Cash Investments		—	$	2,857,000		—		2,857,000
Securities Lending Collateral		—		1,025,409,267		—		1,025,409,267
TOTAL	$	2,634,668,458	$	1,028,266,267		—	$	3,662,934,725

See accompanying Notes to Financial Statements.

37

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (82.2%)
AUSTRALIA — (6.5%)
Australia & New Zealand Banking Group, Ltd.	329,752	$	7,303,769		0.5%
BHP Billiton, Ltd.	297,885		10,889,557		0.7%
Commonwealth Bank of Australia NL	209,837		11,227,230		0.8%
National Australia Bank, Ltd.	295,463		7,548,751		0.5%
Westpac Banking Corp.	311,382		7,758,581		0.5%
Other Securities			69,918,664		4.6%
TOTAL AUSTRALIA			114,646,552		7.6%
AUSTRIA — (0.2%)
Other Securities			4,196,679		0.3%
BELGIUM — (0.6%)
Other Securities			10,965,622		0.7%
CANADA — (7.9%)
Bank of Nova Scotia	131,127		6,684,147		0.4%
Barrick Gold Corp.	127,100		5,542,951		0.4%
Canadian National Resources, Ltd.	72,000		5,544,950		0.4%
Royal Bank of Canada	184,968		11,214,982		0.7%
Suncor Energy, Inc.	211,107		7,221,863		0.5%
#Toronto Dominion Bank	115,015		8,548,565		0.6%
Other Securities			95,619,140		6.3%
TOTAL CANADA			140,376,598		9.3%
DENMARK — (0.8%)
Other Securities			14,481,820		1.0%
FINLAND — (0.8%)
Other Securities			14,151,449		0.9%
FRANCE — (7.3%)
BNP Paribas SA	127,630		8,766,425		0.6%
#GDF Suez	169,830		6,039,749		0.4%
Sanofi - Aventis SA	101,521		6,925,622		0.5%
Total SA	177,977		9,683,262		0.6%
Total SA Sponsored ADR	107,300		5,834,974		0.4%
Other Securities			92,783,592		6.1%
TOTAL FRANCE			130,033,624		8.6%
GERMANY — (5.7%)
#BASF SE	116,809		6,812,741		0.5%
#E.ON AG	195,801		7,241,521		0.5%
#Siemens AG Sponsored ADR	63,850		6,234,314		0.4%
Other Securities			80,405,763		5.3%
TOTAL GERMANY			100,694,339		6.7%
GREECE — (0.3%)
Other Securities			4,533,750		0.3%
HONG KONG — (1.6%)
Other Securities			29,204,157		1.9%
IRELAND — (0.2%)
Other Securities			3,502,720		0.2%
ITALY — (2.2%)
*UniCredit SpA	2,226,834		5,835,876		0.4%

38

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
ITALY — (Continued)
Other Securities		$	34,087,490		2.2%
TOTAL ITALY			39,923,366		2.6%
JAPAN — (17.2%)
#Mitsubishi UFJ Financial Group, Inc. ADR	1,413,836		7,309,532		0.5%
Sumitomo Mitsui Financial Group, Inc.	180,640		5,974,098		0.4%
Toyota Motor Corp.	240,800		9,304,021		0.6%
#*Toyota Motor Corp. Sponsored ADR	78,634		6,061,895		0.4%
Other Securities			277,427,406		18.4%
TOTAL JAPAN			306,076,952		20.3%
NETHERLANDS — (2.1%)
Unilever NV	211,123		6,422,960		0.4%
Other Securities			30,744,099		2.1%
TOTAL NETHERLANDS			37,167,059		2.5%
NEW ZEALAND — (0.1%)
Other Securities			1,487,121		0.1%
NORWAY — (0.7%)
Other Securities			12,303,133		0.8%
PORTUGAL — (0.2%)
Other Securities			3,237,507		0.2%
SINGAPORE — (1.1%)
Other Securities			19,762,844		1.3%
SPAIN — (2.8%)
#Banco Bilbao Vizcaya Argentaria SA Sponsored ADR	420,902		5,526,443		0.4%
#Banco Santander SA Sponsored ADR	735,840		9,080,266		0.6%
Telefonica SA Sponsored ADR	113,363		7,683,744		0.5%
Other Securities			27,412,843		1.8%
TOTAL SPAIN			49,703,296		3.3%
SWEDEN — (2.1%)
Other Securities			36,754,825		2.4%
SWITZERLAND — (5.8%)
Nestle SA	476,634		23,322,139		1.6%
Novartis AG	171,916		8,765,095		0.6%
#*Novartis AG ADR	116,900		5,944,365		0.4%
Roche Holding AG Genusschein	97,668		15,420,721		1.0%
*UBS AG	486,805		7,541,671		0.5%
Other Securities			42,390,302		2.8%
TOTAL SWITZERLAND			103,384,293		6.9%
UNITED KINGDOM — (16.0%)
*Anglo American P.L.C.	181,179		7,695,747		0.5%
AstraZeneca P.L.C.	128,255		5,667,185		0.4%
#Barclays P.L.C. Sponsored ADR	288,009		5,881,144		0.4%
BG Group P.L.C.	390,393		6,598,695		0.4%
BP P.L.C.	1,435,437		12,519,790		0.8%
#BP P.L.C. Sponsored ADR	196,119		10,227,606		0.7%
British American Tobacco P.L.C.	239,087		7,518,037		0.5%
GlaxoSmithKline P.L.C.	478,323		8,878,178		0.6%
HSBC Holdings P.L.C.	1,247,046		12,697,993		0.8%
#HSBC Holdings P.L.C. Sponsored ADR	211,359		10,756,060		0.7%
Rio Tinto P.L.C.	156,174		8,363,435		0.5%
Royal Dutch Shell P.L.C. ADR	302,761		18,371,537		1.2%

39

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
Royal Dutch Shell P.L.C. Series B	235,872	$	7,111,214		0.5%
Standard Chartered P.L.C.	265,170		7,073,304		0.5%
Tesco P.L.C.	1,044,885		6,930,446		0.5%
Vodafone Group P.L.C.	3,802,048		8,420,177		0.6%
Vodafone Group P.L.C. Sponsored ADR	315,300		6,999,660		0.5%
Other Securities			133,254,811		8.8%
TOTAL UNITED KINGDOM			284,965,019		18.9%
TOTAL COMMON STOCKS			1,461,552,725		96.8%
PREFERRED STOCKS — (0.0%)
ITALY — (0.0%)
Other Securities			22,261		0.0%
RIGHTS/WARRANTS — (0.0%)
BELGIUM — (0.0%)
Other Securities			6		0.0%
HONG KONG — (0.0%)
Other Securities			—		0.0%
NORWAY — (0.0%)
Other Securities			18,321		0.0%
SPAIN — (0.0%)
Other Securities			3,939		0.0%
TOTAL RIGHTS/WARRANTS			22,266		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.5%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $10,210,000 FNMA 1.213%(v), 11/25/39, valued at $8,787,377) to be repurchased at $8,656,137	$8,656		8,656,000		0.6%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (17.3%)
§@DFA Short Term Investment Fund	300,952,934		300,952,934		20.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $6,674,696) to be repurchased at $6,589,444	$6,589		6,589,345		0.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $360,364 ) to be repurchased at $353,304	353		353,298		0.0%
TOTAL SECURITIES LENDING COLLATERAL			307,895,577		20.4%

40

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Value††		Percentage of Net Assets**
TOTAL INVESTMENTS — (100.0%) (Cost $1,640,853,959)	$	1,778,148,829		117.8%

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	7,128,603	$	107,517,949		—	$	114,646,552
Austria		63,960		4,132,719		—		4,196,679
Belgium		1,450,779		9,514,843		—		10,965,622
Canada		140,376,598		—		—		140,376,598
Denmark		2,009,890		12,471,930		—		14,481,820
Finland		2,933,358		11,218,091		—		14,151,449
France		12,827,551		117,206,073		—		130,033,624
Germany		29,093,288		71,601,051		—		100,694,339
Greece		572,630		3,961,120		—		4,533,750
Hong Kong		—		29,204,157		—		29,204,157
Ireland		1,800,757		1,701,963		—		3,502,720
Italy		4,927,463		34,995,903		—		39,923,366
Japan		36,089,628		269,987,324		—		306,076,952
Netherlands		2,544,940		34,622,119		—		37,167,059
New Zealand		—		1,487,121		—		1,487,121
Norway		1,189,410		11,113,723		—		12,303,133
Portugal		—		3,237,507		—		3,237,507
Singapore		—		19,762,844		—		19,762,844
Spain		28,528,836		21,174,460		—		49,703,296
Sweden		709,670		36,045,155		—		36,754,825
Switzerland		13,293,145		90,091,148		—		103,384,293
United Kingdom		91,263,198		193,701,821		—		284,965,019
Preferred Stocks
Italy		—		22,261		—		22,261
Rights/Warrants
Belgium		6		—		—		6
Hong Kong		—		—		—		—
Norway		—		18,321		—		18,321
Spain		3,939		—		—		3,939
Temporary Cash Investments		—		8,656,000		—		8,656,000
Securities Lending Collateral		—		307,895,577		—		307,895,577
TOTAL	$	376,807,649	$	1,401,341,180		—	$	1,778,148,829

See accompanying Notes to Financial Statements.

41

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (81.2%)
AUSTRALIA — (5.5%)
Australia & New Zealand Banking Group, Ltd.	642,628	$	14,233,746		0.3%
Commonwealth Bank of Australia NL	254,892		13,637,877		0.3%
National Australia Bank, Ltd.	526,770		13,458,388		0.3%
Other Securities			250,498,952		5.8%
TOTAL AUSTRALIA			291,828,963		6.7%
AUSTRIA — (0.5%)
Other Securities			25,338,846		0.6%
BELGIUM — (0.9%)
Other Securities			48,385,150		1.1%
CANADA — (8.8%)
#Bank of Montreal	202,373		12,569,120		0.3%
Bank of Nova Scotia	172,301		8,782,975		0.2%
Manulife Financial Corp.	479,773		8,652,728		0.2%
#Royal Bank of Canada	162,793		9,870,467		0.2%
Suncor Energy, Inc.	402,417		13,766,480		0.3%
*Teck Resources, Ltd. Class B	337,587		13,266,857		0.3%
#Toronto Dominion Bank	235,160		17,478,421		0.4%
Other Securities			379,708,450		8.8%
TOTAL CANADA			464,095,498		10.7%
DENMARK — (0.8%)
Other Securities			43,845,845		1.0%
FINLAND — (1.3%)
Other Securities			69,158,632		1.6%
FRANCE — (6.5%)
#AXA SA Sponsored ADR	468,270		8,972,053		0.2%
BNP Paribas SA	290,778		19,972,448		0.5%
Compagnie de Saint-Gobain SA	210,251		10,379,145		0.2%
#GDF Suez SA	332,503		11,824,970		0.3%
#Sanofi-Aventis SA ADR	456,795		15,581,277		0.4%
#Schneider Electric SA	86,442		9,813,640		0.2%
Societe Generale Paris SA	176,450		9,422,307		0.2%
Vivendi SA	334,035		8,762,563		0.2%
Other Securities			245,663,662		5.7%
TOTAL FRANCE			340,392,065		7.9%
GERMANY — (4.9%)
#Allianz SE Sponsored ADR	984,886		11,168,607		0.3%
Daimler AG	232,487		11,897,575		0.3%
#Deutsche Bank AG	142,718		9,961,401		0.2%
#Siemens AG Sponsored ADR	125,474		12,251,281		0.3%
Other Securities			213,643,160		4.9%
TOTAL GERMANY			258,922,024		6.0%
GREECE — (0.6%)
Other Securities			30,067,210		0.7%
HONG KONG — (1.9%)
Other Securities			98,495,785		2.3%
IRELAND — (0.6%)
Other Securities			29,430,282		0.7%

42

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
ITALY — (2.3%)
*UniCredit SpA	5,172,078	$	13,554,492		0.3%
Other Securities			106,510,916		2.5%
TOTAL ITALY			120,065,408		2.8%
JAPAN — (16.4%)
Honda Motor Co., Ltd. Sponsored ADR	409,732		13,844,844		0.3%
#Mitsubishi UFJ Financial Group, Inc. ADR	1,847,677		9,552,490		0.2%
Sony Corp. Sponsored ADR	306,800		10,498,696		0.3%
Sumitomo Mitsui Financial Group, Inc.	274,800		9,088,143		0.2%
#*Toyota Motor Corp. Sponsored ADR	273,869		21,112,561		0.5%
Other Securities			803,181,473		18.6%
TOTAL JAPAN			867,278,207		20.1%
NETHERLANDS — (2.3%)
#*ING Groep NV Sponsored ADR	1,565,969		13,890,145		0.3%
Other Securities			107,240,066		2.5%
TOTAL NETHERLANDS			121,130,211		2.8%
NEW ZEALAND — (0.2%)
Other Securities			10,875,569		0.2%
NORWAY — (0.9%)
Other Securities			46,568,721		1.1%
PORTUGAL — (0.3%)
Other Securities			16,823,418		0.4%
SINGAPORE — (1.3%)
Other Securities			69,452,992		1.6%
SOUTH AFRICA — (0.0%)
Other Securities			83,333		0.0%
SPAIN — (2.0%)
#Banco Bilbao Vizcaya Argentaria SA Sponsored ADR	858,383		11,270,569		0.3%
#Banco Santander SA Sponsored ADR	2,151,591		26,550,633		0.6%
Other Securities			66,749,044		1.5%
TOTAL SPAIN			104,570,246		2.4%
SWEDEN — (2.1%)
Nordea Bank AB	910,765		8,885,635		0.2%
Other Securities			103,409,348		2.4%
TOTAL SWEDEN			112,294,983		2.6%
SWITZERLAND — (5.0%)
Credit Suisse Group AG Sponsored ADR	405,680		18,539,576		0.4%
#*Holcim, Ltd. AG	196,366		14,632,924		0.4%
Nestle SA	546,164		26,724,306		0.6%
#*Novartis AG ADR	446,694		22,714,390		0.5%
Roche Holding AG Genusschein	82,873		13,084,751		0.3%
Zurich Financial Services AG	61,540		13,643,100		0.3%
Other Securities			153,707,810		3.6%
TOTAL SWITZERLAND			263,046,857		6.1%
UNITED KINGDOM — (16.1%)
*Anglo American P.L.C.	536,326		22,780,947		0.5%
Barclays P.L.C. Sponsored ADR	967,457		19,755,472		0.4%
#BP P.L.C. Sponsored ADR	717,376		37,411,158		0.9%
#HSBC Holdings P.L.C. Sponsored ADR	1,176,187		59,856,156		1.4%
*Lloyds Banking Group P.L.C.	8,826,528		8,830,921		0.2%

43

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
#Pearson P.L.C. Sponsored ADR	607,283	$	9,698,310		0.2%
Royal Dutch Shell P.L.C. ADR	1,028,172		62,389,477		1.4%
SABmiller P.L.C.	396,880		12,442,262		0.3%
Standard Chartered P.L.C.	823,253		21,959,947		0.5%
Tesco P.L.C.	1,793,199		11,893,816		0.3%
Vodafone Group P.L.C. Sponsored ADR	1,705,931		37,871,668		0.9%
*Xstrata P.L.C.	782,713		12,880,937		0.3%
Other Securities			531,287,117		12.3%
TOTAL UNITED KINGDOM			849,058,188		19.6%
TOTAL COMMON STOCKS			4,281,208,433		99.0%
PREFERRED STOCKS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities			140,204		0.0%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities			406		0.0%
AUSTRIA — (0.0%)
Other Securities			—		0.0%
BELGIUM — (0.0%)
Other Securities			24		0.0%
FRANCE — (0.0%)
Other Securities			16,271		0.0%
HONG KONG — (0.0%)
Other Securities			24,314		0.0%
ITALY — (0.0%)
Other Securities			759		0.0%
NORWAY — (0.0%)
Other Securities			25,268		0.0%
SPAIN — (0.0%)
Other Securities			12,509		0.0%
SWEDEN — (0.0%)
Other Securities			9,209		0.0%
SWITZERLAND — (0.0%)
Other Securities			6,231		0.0%
UNITED KINGDOM — (0.0%)
Other Securities			1,545		0.0%
TOTAL RIGHTS/WARRANTS			96,536		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $22,805,000 FNMA 4.00%, 12/15/38, valued at $23,745,706) to be repurchased at $23,394,370	$23,394		23,394,000		0.6%

44

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (18.4%)
§@DFA Short Term Investment Fund	968,507,432	$	968,507,432		22.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $555,384) to be repurchased at $544,503	$544		544,494		0.0%
TOTAL SECURITIES LENDING COLLATERAL			969,051,926		22.4%
TOTAL INVESTMENTS — (100.0%) (Cost $5,422,065,184)		$	5,273,891,099		122.0%

45

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	18,056,587	$	273,772,376		—	$	291,828,963
Austria		111,930		25,226,916		—		25,338,846
Belgium		5,424,580		42,960,570		—		48,385,150
Canada		464,095,048		450		—		464,095,498
Denmark		2,113,186		41,732,659		—		43,845,845
Finland		4,743,219		64,415,413		—		69,158,632
France		57,104,659		283,287,406		—		340,392,065
Germany		57,274,626		201,647,398		—		258,922,024
Greece		5,310,121		24,757,089		—		30,067,210
Hong Kong		761,019		97,734,766		—		98,495,785
Ireland		11,524,169		17,906,113		—		29,430,282
Italy		11,855,374		108,210,034		—		120,065,408
Japan		95,283,902		771,994,305		—		867,278,207
Netherlands		30,742,133		90,388,078		—		121,130,211
New Zealand		410,582		10,464,987		—		10,875,569
Norway		1,982,602		44,586,119		—		46,568,721
Portugal		259,150		16,564,268		—		16,823,418
Singapore		14,230		69,438,762		—		69,452,992
South Africa		83,333		—		—		83,333
Spain		50,667,567		53,902,679		—		104,570,246
Sweden		8,659,927		103,635,056		—		112,294,983
Switzerland		56,509,787		206,537,070		—		263,046,857
United Kingdom		308,830,626		540,227,562		—		849,058,188
Preferred Stocks
Australia		—		140,204		—		140,204
Rights/Warrants
Australia		—		406		—		406
Austria		—		—		—		—
Belgium		24		—		—		24
France		16,271		—		—		16,271
Hong Kong		8,426		15,888		—		24,314
Italy		759		—		—		759
Norway		—		25,268		—		25,268
Spain		12,509		—		—		12,509
Sweden		—		9,209		—		9,209
Switzerland		6,231		—		—		6,231
United Kingdom		—		1,545		—		1,545
Temporary Cash Investments		—		23,394,000		—		23,394,000
Securities Lending Collateral		—		969,051,926		—		969,051,926
TOTAL	$	1,191,862,577	$	4,082,028,522		—	$	5,273,891,099

See accompanying Notes to Financial Statements.

46

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

INTERNATIONAL SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANIES — (99.6%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	1,667,342,155
Investment in The Japanese Small Company Series of The DFA Investment Trust Company		1,124,268,013
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company		837,447,548
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company		698,022,767
Investment in The Canadian Small Company Series of The DFA Investment Trust Company		505,555,734
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES   (Cost $4,492,857,408)	$	4,832,636,217

	Face Amount   (000)
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $20,885,000 FNMA 1.213%(v), 11/25/39, valued at $17,974,963) to be repurchased at $17,706,280 (Cost $17,706,000)	$	17,706		17,706,000
TOTAL INVESTMENTS - (100.0%) (Cost $4,510,563,408)			$	4,850,342,217

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	4,832,636,217		—		—	$	4,832,636,217
Temporary Cash Investments		—	$	17,706,000		—		17,706,000
TOTAL	$	4,832,636,217	$	17,706,000		—	$	4,850,342,217

See accompanying Notes to Financial Statements.

47

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

JAPANESE SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Japanese Small Company Series of The DFA Investment Trust Company	$	122,201,006
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY   (Cost $192,346,671)	$	122,201,006

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	122,201,006	—	—	$	122,201,006

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	$	117,639,151
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY   (Cost $98,962,981)	$	117,639,151

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	117,639,151	—	—	$	117,639,151

See accompanying Notes to Financial Statements.

48

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

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	$	30,035,602
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY   (Cost $29,235,649)	$	30,035,602

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	30,035,602	—	—	$	30,035,602

CONTINENTAL SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	114,722,046
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY   (Cost $110,895,019)	$	114,722,046

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	114,722,046	—	—	$	114,722,046

See accompanying Notes to Financial Statements.

49

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (85.3%)
AUSTRALIA — (23.9%)
#CFS Retail Property Trust	8,244,035	$	14,536,858		1.7%
Charter Hall Office REIT	20,635,474		5,653,159		0.7%
Commonwealth Property Office Fund	8,386,613		7,149,081		0.9%
#Dexus Property Group	22,068,382		16,367,771		2.0%
Goodman Group	26,951,033		17,520,458		2.1%
GPT Group	41,073,798		21,947,127		2.7%
#ING Industrial Fund	9,847,597		3,896,292		0.5%
ING Office Fund	11,448,968		6,425,538		0.8%
Stockland Trust Group	10,688,359		38,962,138		4.7%
Westfield Group	6,397,056		75,558,255		9.2%
Other Securities			17,637,540		2.1%
TOTAL AUSTRALIA			225,654,217		27.4%
BELGIUM — (1.4%)
Befimmo SCA	54,310		4,149,444		0.5%
#Cofinimmo SA	41,164		5,663,641		0.7%
Other Securities			3,871,092		0.5%
TOTAL BELGIUM			13,684,177		1.7%
CANADA — (5.3%)
#Boardwalk REIT	99,566		4,018,710		0.5%
#Canadian REIT	139,393		3,931,492		0.5%
#H&R REIT	514,146		8,806,990		1.1%
#Riocan REIT	523,568		9,999,231		1.2%
Other Securities			23,262,660		2.8%
TOTAL CANADA			50,019,083		6.1%
CHINA — (0.2%)
Other Securities			1,887,414		0.2%
FRANCE — (13.2%)
#Fonciere des Regions SA	109,029		11,282,142		1.4%
*Gecina SA	82,372		8,468,753		1.0%
#Icade SA	92,928		9,032,845		1.1%
#Klepierre SA	436,930		15,056,790		1.8%
Mercialys SA	115,470		3,875,762		0.5%
#Societe Immobiliere de Location pour l’Industrie et le Commerce SA	60,852		7,169,165		0.9%
Unibail-Rodamco SE	343,545		64,930,205		7.9%
Other Securities			5,015,785		0.6%
TOTAL FRANCE			124,831,447		15.2%
GERMANY — (0.1%)
Other Securities			958,638		0.1%
GREECE — (0.0%)
�� Other Securities			278,948		0.0%
HONG KONG — (3.3%)
#Champion REIT	10,184,658		4,736,738		0.6%
Link REIT (The)	9,542,543		23,532,677		2.9%
Other Securities			2,724,286		0.3%
TOTAL HONG KONG			30,993,701		3.8%
ITALY — (0.1%)
Other Securities			831,515		0.1%

50

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
JAPAN — (12.2%)
*Advance Residence Investment Corp.	2,747	$	3,918,646		0.5%
#Frontier Real Estate Investment Corp.	555		4,271,087		0.5%
Japan Logistics Fund, Inc.	536		4,286,991		0.5%
Japan Prime Realty Investment Corp.	2,401		5,722,641		0.7%
#Japan Real Estate Investment Corp.	1,894		15,795,381		1.9%
Japan Retail Fund Investment	5,853		7,877,519		1.0%
Nippon Building Fund, Inc.	2,148		18,017,741		2.2%
Nomura Real Estate Office Fund, Inc.	1,141		6,423,864		0.8%
Orix Jreit, Inc.	1,025		5,015,212		0.6%
#United Urban Investment Corp.	765		4,976,815		0.6%
Other Securities			39,449,147		4.8%
TOTAL JAPAN			115,755,044		14.1%
MALAYSIA — (0.1%)
Other Securities			636,415		0.1%
NETHERLANDS — (3.5%)
#Corio NV	228,188		13,201,283		1.6%
Eurocommercial Properties NV	112,685		4,224,909		0.5%
Wereldhave NV	90,120		7,535,179		0.9%
Other Securities			8,111,253		1.0%
TOTAL NETHERLANDS			33,072,624		4.0%
NEW ZEALAND — (0.8%)
Other Securities			7,803,181		0.9%
SINGAPORE — (5.7%)
#Ascendas REIT	6,256,000		8,734,248		1.1%
#CapitaCommercial Trust	8,208,000		7,178,045		0.9%
CapitaMall Trust	9,580,300		13,513,327		1.6%
#Suntec REIT	6,015,000		6,053,541		0.7%
Other Securities			18,204,654		2.2%
TOTAL SINGAPORE			53,683,815		6.5%
SOUTH AFRICA — (1.3%)
Other Securities			12,028,474		1.5%
TAIWAN — (0.5%)
Other Securities			4,305,180		0.5%
TURKEY — (0.3%)
Other Securities			2,753,798		0.3%
UNITED KINGDOM — (13.4%)
British Land Co. P.L.C.	3,283,041		23,314,012		2.8%
Derwent London P.L.C.	487,068		10,733,570		1.3%
Great Portland Estates P.L.C.	1,223,426		5,856,524		0.7%
Hammerson P.L.C.	2,677,222		15,628,174		1.9%
Land Securities Group P.L.C.	3,168,728		31,688,883		3.9%
Liberty International P.L.C.	1,959,346		14,610,694		1.8%
Segro P.L.C.	2,944,062		13,896,875		1.7%
Shaftesbury P.L.C.	948,497		5,644,575		0.7%
Other Securities			5,852,598		0.7%
TOTAL UNITED KINGDOM			127,225,905		15.5%
TOTAL COMMON STOCKS			806,403,576		98.0%
RIGHTS/WARRANTS — (0.0%)
FRANCE — (0.0%)
Other Securities			77,323		0.0%

51

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Face Amount	Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $3,005,000 FNMA 1.213%(v), 11/25/39, valued at $2,586,295) to be repurchased at $2,544,040	$2,544	$	2,544,000		0.3%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (14.4%)
§@DFA Short Term Investment Fund	134,696,061		134,696,061		16.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $2,052,296) to be repurchased at $2,026,083	$2,026		2,026,053		0.2%
TOTAL SECURITIES LENDING COLLATERAL			136,722,114		16.6%
TOTAL INVESTMENTS — (100.0%) (Cost $1,130,522,057)		$	945,747,013		114.9%

52

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	199,833	$	225,454,384		—	$	225,654,217
Belgium		—		13,684,177		—		13,684,177
Canada		50,019,083		—		—		50,019,083
China		783,478		1,103,936		—		1,887,414
France		—		124,831,447		—		124,831,447
Germany		—		958,638		—		958,638
Greece		—		278,948		—		278,948
Hong Kong		—		30,993,701		—		30,993,701
Italy		—		831,515		—		831,515
Japan		3,918,646		111,836,398		—		115,755,044
Malaysia		271,472		364,943		—		636,415
Netherlands		—		33,072,624		—		33,072,624
New Zealand		—		7,803,181		—		7,803,181
Singapore		1,066,336		52,617,479		—		53,683,815
South Africa		2,130,581		9,897,893		—		12,028,474
Taiwan		—		4,305,180		—		4,305,180
Turkey		—		2,753,798		—		2,753,798
United Kingdom		—		127,225,905		—		127,225,905
Rights/Warrants
France		77,323		—		—		77,323
Temporary Cash Investments		—		2,544,000		—		2,544,000
Securities Lending Collateral		—		136,722,114		—		136,722,114
TOTAL	$	58,466,752	$	887,280,261		—	$	945,747,013

See accompanying Notes to Financial Statements.

53

DFA GLOBAL REAL ESATE SECURITIES PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value†
AFFILIATED INVESTMENT COMPANIES — (99.7%)
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.	17,082,806	$	345,755,994
Investment in DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.	54,188,889		263,358,001
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $509,111,785)			609,113,995
TEMPORARY CASH INVESTMENTS — (0.3%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares (Cost $1,777,000)	1,777,000		1,777,000
TOTAL INVESTMENTS - (100.0%) (Cost $510,888,785)		$	610,890,995

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	609,113,995		—		—	$	609,113,995
Temporary Cash Investments		1,777,000		—		—		1,777,000
TOTAL	$	610,890,995		—		—	$	610,890,995

54

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (88.5%)
AUSTRALIA — (6.7%)
Goodman Fielder, Ltd.	19,890,594	$	26,699,018		0.4%
#*Iluka Resources, Ltd.	6,767,030		28,815,665		0.4%
*Pacific Brands, Ltd.	29,002,108		31,673,011		0.4%
Other Securities			480,259,420		6.3%
		��
TOTAL AUSTRALIA			567,447,114		7.5%
AUSTRIA — (1.0%)
#*Wienerberger AG	1,882,920		35,003,545		0.4%
Other Securities			51,102,784		0.7%
TOTAL AUSTRIA			86,106,329		1.1%
BELGIUM — (1.3%)
Other Securities			110,303,094		1.5%
CANADA — (9.3%)
*Celestica, Inc.	4,081,842		40,263,887		0.5%
Dorel Industries, Inc. Class B	842,000		29,815,653		0.4%
Groupe Aeroplan, Inc.	2,873,505		31,399,789		0.4%
*HudBay Minerals, Inc.	1,963,988		24,980,040		0.3%
#Laurentian Bank of Canada	689,000		29,925,852		0.4%
*Lundin Mining Corp.	6,435,486		30,346,503		0.4%
#*MDS, Inc.	2,954,471		26,409,329		0.4%
#*New Gold, Inc.	6,380,120		37,371,248		0.5%
*RONA, Inc.	2,225,426		38,010,574		0.5%
Sherritt International Corp.	5,573,711		43,347,428		0.6%
Other Securities			455,811,533		6.0%
TOTAL CANADA			787,681,836		10.4%
DENMARK — (0.5%)
Other Securities			45,872,427		0.6%
FINLAND — (2.9%)
#Outokumpu Oyj	2,864,481		60,242,339		0.8%
#Pohjola Bank P.L.C.	3,363,010		36,730,623		0.5%
Other Securities			145,178,167		1.9%
TOTAL FINLAND			242,151,129		3.2%
FRANCE — (5.8%)
Arkema SA	1,028,400		42,901,764		0.6%
#*Atos Origin SA	737,326		37,361,997		0.5%
Havas SA	8,111,619		43,445,214		0.6%
#Nexans SA	593,945		46,821,109		0.6%
*Valeo SA	1,385,088		46,328,306		0.6%
Other Securities			274,240,825		3.6%
TOTAL FRANCE			491,099,215		6.5%
GERMANY — (5.5%)
#Aurubis AG	1,148,031		58,134,202		0.8%
Bilfinger Berger AG	956,696		63,447,927		0.8%
Lanxess AG	1,049,103		49,543,537		0.7%
Rheinmetall AG	482,624		33,594,660		0.4%
Other Securities			257,052,117		3.4%
TOTAL GERMANY			461,772,443		6.1%
GREECE — (0.5%)
Other Securities			41,206,973		0.6%

55

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
HONG KONG — (2.7%)
Other Securities		$	229,223,651		3.0%
IRELAND — (0.6%)
Other Securities			54,093,053		0.7%
ITALY — (3.3%)
Banca Popolare di Milano Scarl	10,151,010		57,090,430		0.8%
*Pirelli & Co. SpA	67,386,003		38,771,760		0.5%
Other Securities			185,647,860		2.4%
TOTAL ITALY			281,510,050		3.7%
JAPAN — (19.6%)
#Leopalace21 Corp.	4,105,115		25,521,161		0.3%
Other Securities			1,633,626,420		21.6%
TOTAL JAPAN			1,659,147,581		21.9%
MALAYSIA — (0.0%)
Other Securities			3,469		0.0%
NETHERLANDS — (1.6%)
Nutreco Holding NV	718,204		44,935,754		0.6%
Other Securities			87,046,787		1.1%
TOTAL NETHERLANDS			131,982,541		1.7%
NEW ZEALAND — (0.4%)
Other Securities			31,124,883		0.4%
NORWAY — (1.4%)
*Sevan Marine ASA	17,137,386		24,809,288		0.3%
Other Securities			95,034,349		1.3%
TOTAL NORWAY			119,843,637		1.6%
PORTUGAL — (0.2%)
Other Securities			13,614,946		0.2%
SINGAPORE — (1.5%)
Other Securities			129,199,807		1.7%
SPAIN — (1.2%)
#Ebro Puleva SA	1,417,872		26,403,602		0.4%
Other Securities			78,368,639		1.0%
TOTAL SPAIN			104,772,241		1.4%
SWEDEN — (3.0%)
#Boliden AB	4,986,751		68,610,132		0.9%
#*Trelleborg AB Series B	6,681,684		48,341,757		0.7%
Other Securities			138,189,622		1.8%
TOTAL SWEDEN			255,141,511		3.4%
SWITZERLAND — (4.2%)
*Clariant AG	4,668,293		64,409,347		0.9%
Helvetia Holding AG	88,673		27,095,001		0.4%
Other Securities			260,963,692		3.4%
TOTAL SWITZERLAND			352,468,040		4.7%
UNITED KINGDOM — (15.3%)
Amlin P.L.C.	9,708,370		55,547,501		0.7%
Bellway P.L.C.	3,481,205		39,965,187		0.5%
*Bovis Homes Group P.L.C.	4,184,856		27,151,954		0.4%

56

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

		Shares	Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
Brit Insurance Holdings NV		2,794,855	$	33,875,491		0.4%
Catlin Group, Ltd. P.L.C.		8,508,243		45,763,916		0.6%
*Cookson Group P.L.C.		3,902,119		33,441,504		0.4%
DS Smith P.L.C.		12,895,987		26,473,170		0.4%
Greene King P.L.C.		5,267,643		36,556,672		0.5%
Hiscox, Ltd. P.L.C.		10,648,017		54,209,710		0.7%
Meggitt P.L.C.		13,218,834		62,899,404		0.8%
Millennium & Copthorne Hotels P.L.C.		5,069,910		36,539,871		0.5%
Mondi P.L.C.		7,958,099		53,718,798		0.7%
*Persimmon P.L.C.		6,879,478		50,023,182		0.7%
Tomkins P.L.C.		13,336,659		50,454,191		0.7%
*Travis Perkins P.L.C.		3,885,994		50,189,471		0.7%
Other Securities				638,435,493		8.4%
TOTAL UNITED KINGDOM				1,295,245,515		17.1%
TOTAL COMMON STOCKS				7,491,011,485		99.0%
PREFERRED STOCKS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities				3,358,744		0.1%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities	��			—		0.0%
CANADA — (0.0%)
Other Securities				131,902		0.0%
FRANCE — (0.0%)
Other Securities				2,006,196		0.0%
HONG KONG — (0.0%)
Other Securities				780,944		0.0%
ITALY — (0.0%)
Other Securities				45,238		0.0%
SWEDEN — (0.0%)
Other Securities				47,551		0.0%
SWITZERLAND — (0.0%)
Other Securities				75,513		0.0%
UNITED KINGDOM — (0.0%)
Other Securities				—		0.0%
TOTAL RIGHTS/WARRANTS				3,087,344		0.0%
		Face Amount	Value†
		(000)
TEMPORARY CASH INVESTMENTS — (0.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $44,560,000 FNMA 4.00%, 12/15/38, valued at $46,398,100) to be repurchased at $45,712,724		$45,712		45,712,000		0.6%

57

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (10.9%)
§@DFA Short Term Investment Fund	918,056,137	$	918,056,137		12.1%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $65,581) to be repurchased at $64,296	$64		64,295		0.0%
TOTAL SECURITIES LENDING COLLATERAL			918,120,432		12.1%
TOTAL INVESTMENTS — (100.0%) (Cost $8,664,708,918)		$	8,461,290,005		111.8%

58

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	12,942,775	$	554,504,339		—	$	567,447,114
Austria		83,838		86,022,491		—		86,106,329
Belgium		32,953		110,270,141		—		110,303,094
Canada		787,681,836		—		—		787,681,836
Denmark		77,940		45,794,487		—		45,872,427
Finland		9,258,615		232,892,514		—		242,151,129
France		658,635		490,440,580		—		491,099,215
Germany		73,240		461,699,203		—		461,772,443
Greece		—		41,206,973		—		41,206,973
Hong Kong		1,195,495		228,028,156		—		229,223,651
Ireland		—		54,093,053		—		54,093,053
Italy		—		281,510,050		—		281,510,050
Japan		9,648,565		1,649,499,016		—		1,659,147,581
Malaysia		—		3,469		—		3,469
Netherlands		—		131,982,541		—		131,982,541
New Zealand		30,379		31,094,504		—		31,124,883
Norway		—		119,843,637		—		119,843,637
Portugal		—		13,614,946		—		13,614,946
Singapore		112,199		129,087,608		—		129,199,807
Spain		—		104,772,241		—		104,772,241
Sweden		1,102,990		254,038,521		—		255,141,511
Switzerland		800,074		351,667,966		—		352,468,040
United Kingdom		11,989,062		1,283,256,453		—		1,295,245,515
Preferred Stocks
Australia		—		3,358,744		—		3,358,744
Rights/Warrants
Australia		—		—		—		—
Canada		131,902		—		—		131,902
France		2,006,196		—		—		2,006,196
Hong Kong		133,105		647,839		—		780,944
Italy		45,238		—		—		45,238
Sweden		47,551		—		—		47,551
Switzerland		75,513		—		—		75,513
United Kingdom		—		—		—		—
Temporary Cash Investments		—		45,712,000		—		45,712,000
Securities Lending Collateral		—		918,120,432		—		918,120,432
TOTAL	$	838,128,101	$	7,623,161,904		—	$	8,461,290,005

See accompanying Notes to Financial Statements.

59

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (83.5%)
AUSTRALIA — (5.7%)
Amcor, Ltd.	98,578	$	596,572		0.2%
Australia & New Zealand Banking Group, Ltd.	29,839		660,912		0.2%
Macquarie Group, Ltd.	13,345		608,532		0.2%
Other Securities			19,584,619		6.0%
TOTAL AUSTRALIA			21,450,635		6.6%
AUSTRIA — (0.6%)
Voestalpine AG	16,154		600,876		0.2%
Other Securities			1,839,045		0.6%
TOTAL AUSTRIA			2,439,921		0.8%
BELGIUM — (1.1%)
Other Securities			4,090,716		1.3%
CANADA — (9.7%)
#Bank of Montreal	20,300		1,260,806		0.4%
*Magna International, Inc. Class A	9,280		610,262		0.2%
Sun Life Financial, Inc.	19,778		581,580		0.2%
Suncor Energy, Inc.	29,572		1,011,627		0.3%
Talisman Energy, Inc.	45,748		778,680		0.2%
*Teck Resources, Ltd. Class B	33,100		1,300,799		0.4%
#Toronto Dominion Bank	11,000		817,582		0.2%
Other Securities			30,065,596		9.2%
TOTAL CANADA			36,426,932		11.1%
DENMARK — (0.9%)
Other Securities			3,611,328		1.1%
FINLAND — (1.6%)
UPM-Kymmene Oyj	49,028		703,595		0.2%
Other Securities			5,309,881		1.6%
TOTAL FINLAND			6,013,476		1.8%
FRANCE — (5.7%)
BNP Paribas SA	14,324		983,862		0.3%
Compagnie de Saint-Gobain SA	15,834		781,653		0.2%
Compagnie Generale des Establissements Michelin SA Series B	8,950		648,378		0.2%
Lafarge SA	8,284		600,609		0.2%
Other Securities			18,328,643		5.6%
TOTAL FRANCE			21,343,145		6.5%
GERMANY — (4.4%)
Deutsche Bank AG	20,528		1,409,863		0.4%
#E.ON AG	18,237		674,479		0.2%
#*Infineon Technologies AG ADR	88,444		619,108		0.2%
Other Securities			13,910,977		4.3%
TOTAL GERMANY			16,614,427		5.1%
GREECE — (0.7%)
Other Securities			2,752,551		0.9%
HONG KONG — (2.2%)
Other Securities			8,312,715		2.6%
IRELAND — (0.8%)
Other Securities			2,874,655		0.9%

60

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
ITALY — (2.4%)
Other Securities		$	8,906,495		2.7%
JAPAN — (17.5%)
*Toyota Motor Corp. Sponsored ADR	7,600		585,884		0.2%
Other Securities			65,238,742		19.9%
TOTAL JAPAN			65,824,626		20.1%
NETHERLANDS — (2.4%)
#*ING Groep NV Sponsored ADR	72,426		642,419		0.2%
Koninklijke Philips Electronics NV	22,955		770,810		0.2%
Other Securities			7,471,457		2.3%
TOTAL NETHERLANDS			8,884,686		2.7%
NEW ZEALAND — (0.3%)
Other Securities			1,138,234		0.4%
NORWAY — (1.2%)
#*DnB NOR ASA Series A	53,292		630,717		0.2%
Other Securities			3,895,717		1.2%
TOTAL NORWAY			4,526,434		1.4%
PORTUGAL — (0.4%)
Other Securities			1,397,553		0.4%
SINGAPORE — (1.4%)
Other Securities			5,333,894		1.6%
SOUTH AFRICA — (0.0%)
Other Securities			79,104		0.0%
SPAIN — (1.8%)
#Banco Santander SA	71,865		913,790		0.3%
#Banco Santander SA Sponsored ADR	49,963		616,543		0.2%
Other Securities			5,397,590		1.6%
TOTAL SPAIN			6,927,923		2.1%
SWEDEN — (2.2%)
Other Securities			8,220,985		2.5%
SWITZERLAND — (4.8%)
Credit Suisse Group AG	13,655		626,734		0.2%
*Holcim, Ltd. AG	21,970		1,637,174		0.5%
#Swatch Group AG	2,763		809,459		0.3%
*Swiss Reinsurance Co., Ltd. AG	23,898		1,036,419		0.3%
*UBS AG	52,017		805,857		0.2%
Zurich Financial Services AG	6,455		1,431,040		0.4%
Other Securities			11,654,051		3.6%
TOTAL SWITZERLAND			18,000,734		5.5%
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	48,414		2,056,430		0.6%
Aviva P.L.C.	128,562		679,629		0.2%
Barclays P.L.C.	140,947		724,929		0.2%
BP P.L.C. Sponsored ADR	18,084		943,081		0.3%
#HSBC Holdings P.L.C. Sponsored ADR	41,857		2,130,103		0.7%
International Power P.L.C.	155,255		785,855		0.2%
Kingfisher P.L.C.	232,192		884,909		0.3%
Legal & General Group P.L.C.	594,171		772,624		0.2%
*Lloyds Banking Group P.L.C.	637,217		637,534		0.2%
Man Group P.L.C.	175,697		648,628		0.2%

61

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
*Old Mutual P.L.C.	499,092	$	880,837		0.3%
Prudential P.L.C.	68,348		600,057		0.2%
Royal Dutch Shell P.L.C. ADR	36,727		2,228,594		0.7%
RSA Insurance Group P.L.C.	351,201		650,031		0.2%
Standard Chartered P.L.C.	26,514		707,250		0.2%
Standard Life P.L.C.	228,627		695,547		0.2%
#Vodafone Group P.L.C. Sponsored ADR	74,937		1,663,601		0.5%
*Wolseley P.L.C.	25,895		646,727		0.2%
*Xstrata P.L.C.	91,577		1,507,063		0.5%
Other Securities			39,359,204		12.0%
TOTAL UNITED KINGDOM			59,202,633		18.1%
TOTAL COMMON STOCKS			314,373,802		96.2%
PREFERRED STOCKS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities			56,697		0.0%
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
Other Securities			870		0.0%
NORWAY — (0.0%)
Other Securities			3,850		0.0%
SPAIN — (0.0%)
Other Securities			661		0.0%
SWITZERLAND — (0.0%)
Other Securities			1,360		0.0%
TOTAL RIGHTS/WARRANTS			6,741		0.0%
	Face Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $1,020,000 FHLMC 5.00%, 10/15/24, valued at $1,095,225) to be repurchased at $1,076,017	$1,076		1,076,000		0.3%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (16.2%)
§@DFA Short Term Investment Fund	55,071,396		55,071,396		16.8%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $1,959) to be repurchased at $1,934	$2		1,934		0.0%

62

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $6,154,937) to be repurchased at $6,034,348	$6,034	$	6,034,252		1.9%
TOTAL SECURITIES LENDING COLLATERAL			61,107,582		18.7%
TOTAL INVESTMENTS — (100.0%) (Cost $304,365,313)		$	376,620,822		115.2%

63

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	465,553	$	20,985,082		—	$	21,450,635
Austria		—		2,439,921		—		2,439,921
Belgium		281,418		3,809,298		—		4,090,716
Canada		36,426,932		—		—		36,426,932
Denmark		17,869		3,593,459		—		3,611,328
Finland		41,384		5,972,092		—		6,013,476
France		1,305,710		20,037,435		—		21,343,145
Germany		3,178,895		13,435,532		—		16,614,427
Greece		203,067		2,549,484		—		2,752,551
Hong Kong		14,110		8,298,605		—		8,312,715
Ireland		600,805		2,273,850		—		2,874,655
Italy		610,178		8,296,317		—		8,906,495
Japan		3,628,046		62,196,580		—		65,824,626
Netherlands		2,238,429		6,646,257		—		8,884,686
New Zealand		10,179		1,128,055		—		1,138,234
Norway		44,166		4,482,268		—		4,526,434
Portugal		—		1,397,553		—		1,397,553
Singapore		—		5,333,894		—		5,333,894
South Africa		79,104		—		—		79,104
Spain		2,248,069		4,679,854		—		6,927,923
Sweden		310,078		7,910,907		—		8,220,985
Switzerland		1,604,915		16,395,819		—		18,000,734
United Kingdom		8,882,259		50,320,374		—		59,202,633
Preferred Stocks
Australia		—		56,697		—		56,697
Rights/Warrants
Hong Kong		870		—		—		870
Norway		—		3,850		—		3,850
Spain		661		—		—		661
Switzerland		1,360		—		—		1,360
Temporary Cash Investments		—		1,076,000		—		1,076,000
Securities Lending Collateral		—		61,107,582		—		61,107,582
TOTAL	$	62,194,057	$	314,426,765		—	$	376,620,822

See accompanying Notes to Financial Statements.

64

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

EMERGING MARKETS PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$	2,131,251,378
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $1,018,192,914)	$	2,131,251,378

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	2,131,251,378	—	—	$	2,131,251,378

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	$	1,403,317,270
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $991,218,120)	$	1,403,317,270

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	1,403,317,270	—	—	$	1,403,317,270

See accompanying Notes to Financial Statements.

65

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (85.3%)
BRAZIL — (4.9%)
Petroleo Brasileiro SA ADR	462,510	$	19,624,299		0.6%
#*Vale SA Sponsored ADR	708,190		21,691,860		0.7%
Other Securities			135,266,718		4.1%
TOTAL BRAZIL			176,582,877		5.4%
CHILE — (2.1%)
Other Securities			73,466,908		2.2%
CHINA — (11.2%)
Bank of China, Ltd.	27,871,000		14,347,577		0.4%
China Construction Bank Corp.	20,169,000		16,404,205		0.5%
#China Life Insurance Co., Ltd. ADR	159,456		10,777,631		0.3%
China Mobile, Ltd. Sponsored ADR	502,001		24,547,849		0.7%
#CNOOC, Ltd. ADR	116,476		20,490,458		0.6%
Industrial & Commercial Bank of China, Ltd.	22,679,000		16,529,532		0.5%
PetroChina Co., Ltd. ADR	129,733		14,936,160		0.5%
Other Securities			284,562,439		8.7%
TOTAL CHINA			402,595,851		12.2%
CZECH REPUBLIC — (0.5%)
Other Securities			18,561,095		0.6%
HUNGARY — (1.0%)
*MOL Hungarian Oil & Gas NYRT	83,994		8,505,177		0.3%
#*OTP Bank NYRT	488,536		17,172,758		0.5%
Other Securities			8,352,305		0.2%
TOTAL HUNGARY			34,030,240		1.0%
INDIA — (11.4%)
ICICI Bank, Ltd. Sponsored ADR	396,338		16,852,292		0.5%
Infosys Technologies, Ltd.	225,217		13,736,383		0.4%
Reliance Industries, Ltd.	1,381,092		31,903,508		1.0%
Other Securities			347,414,718		10.6%
TOTAL INDIA			409,906,901		12.5%
INDONESIA — (3.0%)
PT Astra International Tbk	2,085,000		10,774,369		0.3%
PT Bumi Resources Tbk	30,519,500		7,832,528		0.3%
Other Securities			89,035,816		2.7%
TOTAL INDONESIA			107,642,713		3.3%
ISRAEL — (1.7%)
Teva Pharmaceutical Industries, Ltd. Sponsored ADR	310,616		18,242,478		0.6%
Other Securities			43,241,889		1.3%
TOTAL ISRAEL			61,484,367		1.9%
MALAYSIA — (3.6%)
Malayan Banking Berhad	3,348,300		7,994,244		0.3%
Other Securities			122,413,796		3.7%
TOTAL MALAYSIA			130,408,040		4.0%
MEXICO — (4.7%)
America Movil S.A.B. de C.V. Series L ADR	359,075		18,485,181		0.6%
*Cemex S.A.B. de C.V. Sponsored ADR	1,165,980		13,851,842		0.4%
*Fomento Economico Mexicano S.A.B. de C.V. Sponsored ADR	221,040		10,461,823		0.3%
#Grupo Financiero Banorte S.A.B. de C.V.	2,596,307		10,438,157		0.3%

66

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
MEXICO — (Continued)
Grupo Mexico S.A.B. de C.V. Series B	5,000,219	$	13,194,754		0.4%
Other Securities			103,456,625		3.2%
TOTAL MEXICO			169,888,382		5.2%
PHILIPPINES — (0.7%)
Other Securities			23,576,732		0.7%
POLAND — (1.7%)
*Polski Koncern Naftowy Orlen SA	643,094		8,470,953		0.3%
Other Securities			53,275,248		1.6%
TOTAL POLAND			61,746,201		1.9%
RUSSIA — (3.5%)
*Gazprom OAO Sponsored ADR	2,290,420		52,579,373		1.6%
*Lukoil OAO Sponsored ADR	502,859		28,285,373		0.9%
Other Securities			43,839,602		1.3%
TOTAL RUSSIA			124,704,348		3.8%
SOUTH AFRICA — (8.3%)
Gold Fields, Ltd. Sponsored ADR	764,800		10,278,912		0.3%
Impala Platinum Holdings, Ltd.	418,209		11,728,576		0.3%
*MTN Group, Ltd.	1,041,866		15,200,027		0.5%
Naspers, Ltd. Series N	378,717		15,250,956		0.5%
Sanlam, Ltd.	3,530,404		11,490,623		0.3%
Sasol, Ltd. Sponsored ADR	466,600		18,967,290		0.6%
Standard Bank Group, Ltd.	1,234,704		18,773,324		0.6%
Other Securities			195,441,784		5.9%
TOTAL SOUTH AFRICA			297,131,492		9.0%
SOUTH KOREA — (11.4%)
Hana Financial Group, Inc.	256,174		7,967,976		0.2%
#*Hynix Semiconductor, Inc.	351,331		8,892,360		0.3%
#Hyundai Motor Co., Ltd.	103,423		12,613,156		0.4%
KB Financial Group, Inc. ADR	214,911		10,487,657		0.3%
POSCO ADR	163,308		18,316,625		0.6%
Samsung Electronics Co., Ltd.	52,124		39,631,902		1.2%
Shinhan Financial Group Co., Ltd. ADR	114,085		9,713,197		0.3%
Other Securities			300,426,755		9.1%
TOTAL SOUTH KOREA			408,049,628		12.4%
TAIWAN — (11.3%)
Hon Hai Precision Industry Co., Ltd.	3,065,529		14,391,212		0.5%
Taiwan Semiconductor Manufacturing Co., Ltd.	8,292,652		16,229,551		0.5%
Other Securities			372,174,476		11.3%
TOTAL TAIWAN			402,795,239		12.3%
THAILAND — (2.0%)
Other Securities			70,092,998		2.1%
TURKEY — (2.3%)
Turkiye Garanti Bankasi A.S.	1,790,492		8,674,098		0.2%
Other Securities			75,026,990		2.3%
TOTAL TURKEY			83,701,088		2.5%
TOTAL COMMON STOCKS			3,056,365,100		93.0%
PREFERRED STOCKS — (5.7%)
BRAZIL — (5.7%)
Banco Bradesco SA Sponsored ADR	928,382		17,286,473		0.5%
#Cia Vale do Rio Doce	742,386		19,977,607		0.6%

67

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares	Value††		Percentage of Net Assets**
BRAZIL — (Continued)
#Gerdau SA Sponsored ADR	678,100	$	11,120,840		0.4%
Itau Unibanco Holding SA ADR	1,648,537		35,740,282		1.1%
Metalurgica Gerdau SA	394,900		7,771,914		0.2%
Petroleo Brasileiro SA ADR	771,966		29,288,390		0.9%
Usinas Siderurgicas de Minas Gerais SA Series A	330,300		10,794,962		0.3%
Other Securities			70,991,898		2.2%
TOTAL BRAZIL			202,972,366		6.2%
CHILE — (0.0%)
Other Securities			359,997		0.0%
INDIA — (0.0%)
Other Securities			6,581		0.0%
TOTAL PREFERRED STOCKS			203,338,944		6.2%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities			828		0.0%
CHINA — (0.0%)
Other Securities			306		0.0%
HONG KONG — (0.0%)
Other Securities			21,117		0.0%
INDIA — (0.0%)
Other Securities			16,935		0.0%
INDONESIA — (0.0%)
Other Securities			20,916		0.0%
ISRAEL — (0.0%)
Other Securities			962		0.0%
MALAYSIA — (0.0%)
Other Securities			29,173		0.0%
SOUTH AFRICA — (0.0%)
Other Securities			13,347		0.0%
SOUTH KOREA — (0.0%)
Other Securities			15,273		0.0%
THAILAND — (0.0%)
Other Securities			71,587		0.0%
TOTAL RIGHTS/WARRANTS			190,444		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,200,000 FHLMC 4.00%, 12/15/38, valued at $13,744,500) to be repurchased at $13,540,214	$13,540		13,540,000		0.4%

68

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
SECURITIES LENDING COLLATERAL — (8.6%)
§@DFA Short Term Investment Fund	299,462,018	$	299,462,018		9.1%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $7,522,557) to be repurchased at $7,375,173	$7,375		7,375,056		0.2%
TOTAL SECURITIES LENDING COLLATERAL			306,837,074		9.3%
TOTAL INVESTMENTS — (100.0%) (Cost $2,745,518,552)		$	3,580,271,562		108.9%

69

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	176,582,877		—		—	$	176,582,877
Chile		73,466,908		—		—		73,466,908
China		108,373,188	$	294,222,663		—		402,595,851
Czech Republic		—		18,561,095		—		18,561,095
Hungary		696,809		33,333,431		—		34,030,240
India		22,853,260		387,053,641		—		409,906,901
Indonesia		5,786,513		101,856,200		—		107,642,713
Israel		21,783,876		39,700,491		—		61,484,367
Malaysia		93,699		130,314,341		—		130,408,040
Mexico		169,888,382		—		—		169,888,382
Philippines		2,153,992		21,422,740		—		23,576,732
Poland		117,788		61,628,413		—		61,746,201
Russia		—		124,704,348		—		124,704,348
South Africa		41,410,513		255,720,979		—		297,131,492
South Korea		54,916,546		353,133,082		—		408,049,628
Taiwan		14,790,676		388,004,563		—		402,795,239
Thailand		69,911,533		181,465		—		70,092,998
Turkey		2,025,464		81,675,624		—		83,701,088
Preferred Stocks
Brazil		202,972,366		—		—		202,972,366
Chile		359,997		—		—		359,997
India		—		6,581		—		6,581
Rights/Warrants
Brazil		828		—		—		828
China		—		306		—		306
Hong Kong		—		21,117		—		21,117
India		—		16,935		—		16,935
Indonesia		20,916		—		—		20,916
Israel		—		962		—		962
Malaysia		6,210		22,963		—		29,173
South Africa		13,347		—		—		13,347
South Korea		9,554		5,719		—		15,273
Thailand		71,587		—		—		71,587
Temporary Cash Investments		—		13,540,000		—		13,540,000
Securities Lending Collateral		—		306,837,074		—		306,837,074
TOTAL	$	968,306,829	$	2,611,964,733		—	$	3,580,271,562

70

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	Enhanced U.S. Large Company Portfolio			U.S. Large Cap Value Portfolio			U.S. Targeted Value Portfolio			U.S. Small Cap Value Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	7,070,955			—			—
Investments at Value (including $0, $0, $370,881 and $1,116,480 of securities on loan, respectively)	$	160,782			—		$	2,401,703		$	7,370,311
Temporary Cash Investments at Value & Cost		3,942			—			9,458			8,737
Collateral Received from Securities on Loan at Value & Cost		—			—			401,877			1,224,981
Cash		37			—			1			—
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			—			2,038			8,740
Dividends and Interest		1,453			—			570			1,635
Securities Lending Income		—			—			178			679
Fund Shares Sold		59			7,865			10,282			3,567
Unrealized Gain on Forward Currency Contracts		288			—			—			—
Prepaid Expenses and Other Assets		21			37			36			32
Total Assets		166,582			7,078,857			2,826,143			8,618,682
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			—			401,877			1,224,981
Investment Securities/Affiliated Investment Companies Purchased		—			238			6,676			4,049
Fund Shares Redeemed		131			7,627			1,117			5,742
Due to Advisor		28			889			663			3,040
Futures Margin Variation		2,918			—			—			—
Unrealized Loss on Forward Currency Contracts		31			—			—			—
Accrued Expenses and Other Liabilities		17			351			135			564
Total Liabilities		3,125			9,105			410,468			1,238,376
NET ASSETS	$	163,457		$	7,069,752		$	2,415,675		$	7,380,306
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R1 Shares — based on net assets of $0; $0; $41,731 and $0 and shares outstanding of 0; 0; 3,930,988 and 0, respectively		N/A			N/A		$	10.62			N/A
NUMBER OF SHARES AUTHORIZED		100,000,000	*		100,000,000	*		100,000,000			N/A
Class R2 Shares — based on net assets of $0; $0; $6,282 and $0 and shares outstanding of 0; 0; 561,587 and 0, respectively		N/A			N/A		$	11.19			N/A
NUMBER OF SHARES AUTHORIZED		100,000,000	*		100,000,000	*		100,000,000			N/A
Institutional Class Shares — based on net assets of $163,457; $7,069,752; $2,367,662 and $7,380,306 and shares outstanding of 21,813,772; 366,728,973; 151,936,838 and 310,886,970, respectively .	$	7.49		$	19.28		$	15.58		$	23.74
NUMBER OF SHARES AUTHORIZED		300,000,000			2,000,000,000			700,000,000			1,700,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	5,185,775		$	—		$	—
Investments at Cost	$	160,314		$	—		$	1,999,611		$	6,447,940
NET ASSETS CONSIST OF:
Paid-In Capital	$	244,796		$	7,305,138		$	2,071,570		$	6,855,000
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		515			11,559			703			(4,778	)
Accumulated Net Realized Gain (Loss)		(89,825	)		(2,132,125	)		(58,690	)		(392,287	)
Net Unrealized Foreign Exchange Gain (Loss)		243			—			—			—
Net Unrealized Appreciation (Depreciation)		7,728			1,885,180			402,092			922,371
NET ASSETS	$	163,457		$	7,069,752		$	2,415,675		$	7,380,306

  * 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

APRIL 30, 2010

(Unaudited)

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

	U.S. Core Equity 1 Portfolio			U.S. Core Equity 2 Portfolio			U.S. Vector Equity Portfolio			U.S. Small Cap Portfolio
ASSETS:
Investments at Value (including $448,525, $692,521, $296,372 and $626,630 of securities on loan, respectively)	$	2,591,613		$	4,781,624		$	1,547,477		$	3,311,617
Temporary Cash Investments at Value & Cost		8,077			10,187			—			62,446
Collateral Received from Securities on Loan at Value & Cost		473,784			734,440			315,739			676,508
Cash		—			—			60			—
Receivables:
Investment Securities Sold		356			781			2,824			271
Dividends and Interest		1,859			3,334			750			943
Securities Lending Income		84			204			99			523
Fund Shares Sold		41,197			3,995			1,617			22,490
Prepaid Expenses and Other Assets		5			13			6			34
Total Assets		3,116,975			5,534,578			1,868,572			4,074,832
LIABILITIES:
Payables:
Upon Return of Securities Loaned		473,784			734,440			315,739			676,508
Investment Securities Purchased		7,378			1			4			58,295
Fund Shares Redeemed		1,085			2,895			671			4,348
Due to Advisor		366			799			386			943
Loan Payable		—			—			558			—
Accrued Expenses and Other Liabilities		122			242			92			233
Total Liabilities		482,735			738,377			317,450			740,327
NET ASSETS	$	2,634,240		$	4,796,201		$	1,551,122		$	3,334,505
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $2,634,240; $4,796,201; $1,551,122 and $3,334,505 and shares outstanding of 256,755,952; 468,848,825; 153,384,748 and 172,396,447, respectively	$	10.26		$	10.23		$	10.11		$	19.34
NUMBER OF SHARES AUTHORIZED		1,500,000,000			2,300,000,000			1,000,000,000			1,000,000,000
Investments at Cost	$	2,409,736		$	4,598,110		$	1,465,525		$	2,673,569
NET ASSETS CONSIST OF:
Paid-In Capital	$	2,529,605		$	4,703,764		$	1,561,726		$	3,036,989
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		4,481			7,529			1,611			2,689
Accumulated Net Realized Gain (Loss)		(81,723	)		(98,606	)		(94,167	)		(343,221	)
Net Unrealized Appreciation (Depreciation)		181,877			183,514			81,952			638,048
NET ASSETS	$	2,634,240		$	4,796,201		$	1,551,122		$	3,334,505

See accompanying Notes to Financial Statements.

72

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	U.S. Micro Cap Portfolio			DFA Real Estate Securities Portfolio			Large Cap International Portfolio			International Core Equity Portfolio
ASSETS:
Investments at Value (including $505,723, $953,963, $286,918 and $897,178 of securities on loan, respectively)	$	3,522,661		$	2,634,668		$	1,461,597		$	4,281,445
Temporary Cash Investments at Value & Cost		5,159			2,857			8,656			23,394
Collateral Received from Securities on Loan at Value & Cost		552,779			1,025,409			307,896			969,052
Foreign Currencies at Value		—			—			2,784			13,947
Cash		—			—			15			15
Receivables:
Investment Securities Sold		290			—			—			419
Dividends, Interest and Tax Reclaims		1,206			3,600			6,456			18,391
Securities Lending Income		662			174			271			825
Fund Shares Sold		3,671			1,809			41,004			4,783
Unrealized Gain on Foreign Currency Contracts		—			—			4			8
Prepaid Expenses and Other Assets		30			9			8			6
Total Assets		4,086,458			3,668,526			1,828,691			5,312,285
LIABILITIES:
Payables:
Upon Return of Securities Loaned		552,779			1,025,409			307,896			969,052
Investment Securities Purchased		33			—			10,272			16,871
Fund Shares Redeemed		1,851			2,589			860			1,114
Due to Advisor		1,453			644			314			1,279
Accrued Expenses and Other Liabilities		302			207			142			584
Total Liabilities		556,418			1,028,849			319,484			988,900
NET ASSETS	$	3,530,040		$	2,639,677		$	1,509,207		$	4,323,385
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $3,530,040; $2,639,677; $1,509,207 and $4,323,385 and shares outstanding of 284,757,900; 130,431,669; 81,066,883 and 416,561,017, respectively	$	12.40		$	20.24		$	18.62		$	10.38
NUMBER OF SHARES AUTHORIZED		1,500,000,000			700,000,000			500,000,000			2,000,000,000
Investments at Cost	$	3,001,603		$	2,340,260		$	1,324,302		$	4,429,619
Foreign Currencies at Cost	$	—		$	—		$	2,774		$	13,861
NET ASSETS CONSIST OF:
Paid-In Capital	$	3,429,898		$	2,550,725		$	1,538,251		$	4,538,972
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		2,660			13,666			8,294			27,778
Accumulated Net Realized Gain (Loss)		(423,576	)		(219,122	)		(174,620	)		(95,163	)
Net Unrealized Foreign Exchange Gain (Loss)		—			—			(23	)		(114	)
Net Unrealized Appreciation (Depreciation)		521,058			294,408			137,305			(148,088	)
NET ASSETS	$	3,530,040		$	2,639,677		$	1,509,207		$	4,323,385

See accompanying Notes to Financial Statements.

73

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	International Small Company Portfolio			Japanese Small Company Portfolio			Asia Pacific Small Company Portfolio			United Kingdom Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	4,832,636		$	122,201		$	117,639		$	30,036
Temporary Cash Investments at Value & Cost		17,706			—			—			—
Cash		16			—			—			—
Receivables:
Fund Shares Sold		4,539			22			173			—
Prepaid Expenses and Other Assets		7			5			8			7
Total Assets		4,854,904			122,228			117,820			30,043
LIABILITIES:
Payables:
Affiliated Investment Companies Purchased		10,000			22			173			—
Fund Shares Redeemed		973			—			—			—
Due to Advisor		1,622			40			43			10
Accrued Expenses and Other Liabilities		251			24			17			7
Total Liabilities		12,846			86			233			17
NET ASSETS	$	4,842,058		$	122,142		$	117,587		$	30,026
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $4,842,058; $122,142; $117,587 and $30,026 and shares outstanding of 318,391,671; 8,058,726; 5,107,535 and 1,402,329, respectively	$	15.21		$	15.16		$	23.02		$	21.41
NUMBER OF SHARES AUTHORIZED		1,500,000,000			100,000,000			100,000,000			100,000,000
Investments in Affiliated Investment Companies at Cost	$	4,492,857		$	192,346		$	98,963		$	29,236
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,706,443		$	282,739		$	136,665		$	33,352
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		22,828			851			113			185
Accumulated Net Realized Gain (Loss)		(226,824	)		(91,293	)		(37,866	)		(4,314	)
Net Unrealized Foreign Exchange Gain (Loss)		(168	)		(10	)		(1	)		3
Net Unrealized Appreciation (Depreciation)		339,779			(70,145	)		18,676			800
NET ASSETS	$	4,842,058		$	122,142		$	117,587		$	30,026

See accompanying Notes to Financial Statements.

74

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	Continental Small Company Portfolio			DFA International Real Estate Securities Portfolio			DFA Global Real Estate Securities Portfolio			DFA International Small Cap Value Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	114,722			—		$	609,114			—
Investments at Value (including $0, $129,552, $0 and $855,043 of securities on loan, respectively)		—		$	806,481			—		$	7,497,458
Temporary Cash Investments at Value & Cost		—			2,544			1,777			45,712
Collateral Received from Securities on Loan at Value & Cost		—			136,722			—			918,120
Foreign Currencies at Value		—			3,949			—			18,991
Cash		—			16			—			16
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			249			—			6,793
Dividends, Interest and Tax Reclaims		—			6,645			—			27,630
Securities Lending Income		—			146			—			1,664
Fund Shares Sold		177			7,718			2,091			3,615
Unrealized Gain on Foreign Currency Contracts		—			4			—			41
Prepaid Expenses and Other Assets		7			18			21			73
Total Assets		114,906			964,492			613,003			8,520,113
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			136,722			—			918,120
Investment Securities/Affiliated Investment Companies Purchased		174			4,316			2,018			29,248
Fund Shares Redeemed		3			268			942			2,290
Due to Advisor		39			237			12			4,138
Accrued Expenses and Other Liabilities		21			68			13			447
Total Liabilities		237			141,611			2,985			954,243
NET ASSETS	$	114,669		$	822,881		$	610,018		$	7,565,870
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Cass Shares — based on net assets of $114,669; $822,881; $610,018 and $7,565,870 and shares outstanding of 7,296,420; 169,488,889; 81,071,412 and 471,368,658, respectively	$	15.72		$	4.86		$	7.52		$	16.05
NUMBER OF SHARES AUTHORIZED		100,000,000			700,000,000			500,000,000			2,300,000,000
Investments in Affiliated Investment Companies at Cost	$	110,895		$	—		$	509,112		$	—
Investments at Cost	$	—		$	991,256		$	—		$	7,700,876
Foreign Currencies at Cost	$	—		$	3,924		$	—		$	18,910
NET ASSETS CONSIST OF:
Paid-In Capital	$	135,619		$	1,119,932		$	520,754		$	7,708,449
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		351			(34,727	)		986			28,661
Accumulated Net Realized Gain (Loss)		(25,166	)		(77,518	)		(11,724	)		32,366
Net Unrealized Foreign Exchange Gain (Loss)		38			(56	)		—			(269	)
Net Unrealized Appreciation (Depreciation)		3,827			(184,750	)		100,002			(203,337	)
NET ASSETS	$	114,669		$	822,881		$	610,018		$	7,565,870

See accompanying Notes to Financial Statements.

75

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	International Vector Equity Portfolio			Emerging Markets Portfolio			Emerging Markets Small Cap Portfolio			Emerging Markets Core Equity Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	2,131,251		$	1,403,317			—
Investments at Value (including $56,256, $0, $0 and $285,258 of securities on loan, respectively)	$	314,437			—			—		$	3,259,894
Temporary Cash Investments at Value & Cost		1,076			—			—			13,540
Collateral Received from Securities on Loan at Value & Cost		61,108			—			—			306,837
Foreign Currencies at Value		1,110			—			—			7,220
Cash		16			—			—			12,600
Receivables:
Investment Securities/Affiliated Investment Companies Sold		83			—			—			3,704
Dividends, Interest and Tax Reclaims		1,287			—			—			7,414
Securities Lending Income		60			—			—			255
Fund Shares Sold		10,761			2,426			2,320			19,245
Unrealized Gain on Foreign Currency Contracts		—			—			—			1
Prepaid Expenses and Other Assets		5			25			16			234
Total Assets		389,943			2,133,702			1,405,653			3,630,944
LIABILITIES:
Payables:
Upon Return of Securities Loaned		61,108			—			—			306,837
Investment Securities/Affiliated Investment Companies Purchased		1,624			1,223			1,995			32,183
Fund Shares Redeemed		74			1,203			325			1,062
Due to Advisor		120			721			518			1,476
Deferred Thailand Capital Gains Tax		—			—			—			2,890
Accrued Expenses and Other Liabilities		16			144			63			212
Total Liabilities		62,942			3,291			2,901			344,660
NET ASSETS	$	327,001		$	2,130,411		$	1,402,752		$	3,286,284
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $327,001; $2,130,411; $1,402,752 and $3,286,284 and shares outstanding of 33,096,172; 75,287,304; 67,427,215 and 172,177,302, respectively	$	9.88		$	28.30		$	20.80		$	19.09
NUMBER OF SHARES AUTHORIZED		500,000,000			500,000,000			500,000,000			1,000,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	1,018,193		$	991,218		$	—
Investments at Cost	$	242,182		$	—		$	—		$	2,425,141
Foreign Currencies at Cost	$	1,102		$	—		$	—		$	7,171
NET ASSETS CONSIST OF:
Paid-In Capital	$	255,786		$	905,033		$	945,794		$	2,518,376
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		2,038			7,906			4,504			10,573
Accumulated Net Realized Gain (Loss)		(3,078	)		107,084			41,328			(74,677	)
Deferred Thailand Capital Gains Tax		—			(2,701	)		(915	)		(2,890	)
Net Unrealized Foreign Exchange Gain (Loss)		(8	)		31			(58	)		100
Net Unrealized Appreciation (Depreciation)		72,263			1,113,058			412,099			834,802
NET ASSETS	$	327,001		$	2,130,411		$	1,402,752		$	3,286,284

See accompanying Notes to Financial Statements.

76

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	Enhanced U.S. Large Company Portfolio			U.S. Large Cap Value Portfolio*			U.S. Targeted Value Portfolio			U.S. Small  Cap Value Portfolio
Investment Income
Dividends	$	47		$	54,057		$	8,015		$	24,361
Interest		1,101			18			8			19
Income from Securities Lending		—			1,934			776			3,269
Expenses Allocated from Affiliated Investment Company		—			(3,790	)		—			—
Total Investment Income		1,148			52,219			8,799			27,649
Expenses
Investment Advisory Services Fees		42			—			919			6,359
Administrative Services Fees		126			4,883			2,297			9,538
Accounting & Transfer Agent Fees		20			53			112			362
S&P 500® Fees		4			—			—			—
Shareholder Servicing Fees —
Class R1 Shares		—			—			18			—
Class R2 Shares		—			—			5			—
Custodian Fees		6			—			20			49
Filing Fees		14			88			60			37
Shareholders’ Reports		5			113			41			145
Directors’/Trustees’ Fees & Expenses		1			36			10			38
Professional Fees		3			44			24			100
Other		4			31			14			66
Total Expenses		225			5,248			3,520			16,694
Net Investment Income (Loss)		923			46,971			5,279			10,955
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		909			309,269			25,260			195,400
Futures		17,911			—			(256	)		—
Foreign Currency Transactions		1,021			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,406	)		979,704			500,501			1,701,730
Futures		5,556			—			—			—
Translation of Foreign Currency Denominated Amounts		204			—			—			—
Net Realized and Unrealized Gain (Loss)		24,195			1,288,973			525,505			1,897,130
Net Increase (Decrease) in Net Assets Resulting from Operations	$	25,118		$	1,335,944		$	530,784		$	1,908,085

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

See accompanying Notes to Financial Statements.

77

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	U.S. Core Equity 1 Portfolio		U.S. Core Equity 2 Portfolio			U.S. Vector Equity Portfolio		U.S. Small Cap Portfolio
Investment Income
Dividends	$	18,232	$	31,799		$	8,279	$	12,397
Interest		7		9			3		11
Income from Securities Lending		639		1,519			725		3,024
Total Investment Income		18,878		33,327			9,007		15,432
Expenses
Investment Advisory Services Fees		1,950		4,320			2,046		429
Administrative Services Fees		—		—			—		4,581
Accounting & Transfer Agent Fees		136		248			85		169
Custodian Fees		19		34			20		32
Filing Fees		114		162			58		50
Shareholders’ Reports		22		49			23		60
Directors’/Trustees’ Fees & Expenses		13		24			7		17
Professional Fees		31		59			17		41
Other		17		30			11		30
Total Expenses		2,302		4,926			2,267		5,409
Net Investment Income (Loss)		16,576		28,401			6,740		10,023
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		859		(1,476	)		1,131		76,804
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		410,703		844,619			314,030		676,011
Net Realized and Unrealized Gain (Loss)		411,562		843,143			315,161		752,815
Net Increase (Decrease) in Net Assets Resulting from Operations	$	428,138	$	871,544		$	321,901	$	762,838

See accompanying Notes to Financial Statements.

78

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	U.S. Micro Cap Portfolio		DFA Real  Estate Securities Portfolio			Large Cap International Portfolio			International Core Equity Portfolio
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $0, $1,698 and $4,100, respectively)	$	13,368		$ 38,622		$	19,031		$	48,171
Interest		3		20			6			26
Income from Securities Lending		3,246		1,422			742			2,945
Total Investment Income		16,617		40,064			19,779			51,142
Expenses
Investment Advisory Services Fees		1,571		3,457			1,791			7,052
Administrative Services Fees		6,285		—			—			—
Accounting & Transfer Agent Fees		185		137			92			235
Custodian Fees		27		10			85			318
Filing Fees		24		57			39			153
Shareholders’ Reports		81		65			47			56
Directors’/Trustees’ Fees & Expenses		19		13			8			23
Professional Fees		49		30			21			57
Other		31		30			18			39
Total Expenses		8,272		3,799			2,101			7,933
Net Investment Income (Loss)		8,345		36,265			17,678			43,209
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—		6,644			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold		96,583		(25,226	)		(4,108	)		3,222
Foreign Currency Transactions		—		—			110			(28	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		724,671		673,476			46,839			202,998
Translation of Foreign Currency Denominated Amounts		—		—			(64	)		(156	)
Net Realized and Unrealized Gain (Loss)		821,254		654,894			42,777			206,036
Net Increase (Decrease) in Net Assets Resulting from Operations	$	829,599	$	691,159		$	60,455		$	249,245

See accompanying Notes to Financial Statements.

79

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	International Small Company Portfolio*			Japanese Small Company Portfolio*			Asia Pacific Small Company Portfolio*			United Kingdom Small Company Portfolio*
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $3,682, $92, $32 and $2, respectively)	$	45,750		$	1,229		$	1,421		$	390
Interest		13			—			1			—
Income from Securities Lending		4,808			135			157			3
Expenses Allocated from Affiliated Investment Company		(3,047	)		(75	)		(85	)		(18	)
Total Net Investment Income Received from Affiliated Investment Companies		47,524			1,289			1,494			375
Fund Investment Income
Interest		8			—			—			—
Total Fund Investment Income		8			—			—			—
Fund Expenses
Administrative Services Fees		8,980			225			220			57
Accounting & Transfer Agent Fees		39			7			7			7
Filing Fees		50			10			12			9
Shareholders’ Reports		85			2			3			1
Directors’/Trustees’ Fees & Expenses		25			1			1			—
Professional Fees		31			1			1			1
Other		21			2			1			1
Total Expenses		9,231			248			245			76
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			12			(10	)
Net Expenses		9,231			248			257			66
Net Investment Income (Loss)		38,301			1,041			1,237			309
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		9,524			(10,021	)		1,476			(1,127	)
Foreign Currency Transactions		(206	)		10			1			(5	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		358,485			16,554			10,894			3,382
Translation of Foreign Currency Denominated Amounts .		(407	)		(26	)		(11	)		(2	)
Net Realized and Unrealized Gain (Loss)		367,396			6,517			12,360			2,248
Net Increase (Decrease) in Net Assets Resulting from Operations	$	405,697		$	7,558		$	13,597		$	2,557

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

See accompanying Notes to Financial Statements.

80

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	Continental Small Company Portfolio*			DFA International Real Estate Securities Portfolio			DFA Global Real Estate Securities Portfolio*			DFA International Small Cap Value Portfolio
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $158, $0, $0 and $0 , respectively)	$	955			—			—			—
Income Distributions Received from Affiliated Investment Company		—			—		$	27,036			—
Interest		—			—			1			—
Income from Securities Lending		147			—			—			—
Expenses Allocated from Affiliated Investment Company		(77	)		—			—			—
Total Net Investment Income Received from Affiliated Investment Companies		1,025			—			27,037			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $1,847, $0 and $6,647, respectively)		—		$	20,226			—		$	69,425
Interest		—			3			—			21
Income from Securities Lending		—			622			—			5,673
Total Fund Investment Income		—			20,851			—			75,119
Fund Expenses
Investment Advisory Services Fees		—			1,358			—			22,990
Administrative Services Fees		228			—			892			—
Accounting & Transfer Agent Fees		7			55			10			405
Custodian Fees		—			64			—			536
Filing Fees		12			25			12			47
Shareholders’ Reports		3			29			4			124
Directors’/Trustees’ Fees & Expenses		1			5			3			40
Professional Fees		1			10			5			110
Other		2			12			2			85
Total Expenses		254			1,558			928			24,337
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			(829	)		—
Net Expenses		254			1,558			99			24,337
Net Investment Income (Loss)		771			19,293			26,938			50,782
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(869	)		(27,751	)		(4,518	)		67,551
Foreign Currency Transactions		(13	)		224			—			(1,569	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		5,635			34,398			67,777			441,529
Translation of Foreign Currency Denominated Amounts		(8	)		(155	)		—			(267	)
Net Realized and Unrealized Gain (Loss)		4,745			6,716			63,259			507,244
Net Increase (Decrease) in Net Assets Resulting from Operations	$	5,516		$	26,009		$	90,197		$	558,026

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

See accompanying Notes to Financial Statements.

81

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	International Vector Equity Portfolio			Emerging Markets Portfolio*			Emerging Markets Small Cap Portfolio*			Emerging Markets Core Equity Portfolio
Investment Income
Dividends (Net of Foreign Taxes Withheld of $274, $1,909, $962 and $2,409, respectively)	$	3,053		$	18,344		$	10,848		$	23,597
Interest		2			3			3			8
Income from Securities Lending		217			858			1,020			1,547
Expenses Allocated from Affiliated Investment Companies		—			(1,809	)		(1,828	)		—
Total Investment Income		3,272			17,396			10,043			25,152
						��
Expenses
Investment Advisory Services Fees		653			—			—			7,974
Administrative Services Fees		—			4,205			2,825			—
Accounting & Transfer Agent Fees		29			22			15			172
Custodian Fees		37			—			—			787
Filing Fees		12			28			23			59
Shareholders’ Reports		5			51			22			55
Directors’/Trustees’ Fees & Expenses		2			12			7			16
Professional Fees		3			16			9			48
Other		3			12			7			25
Total Expenses		744			4,346			2,908			9,136
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		28			—			—			—
Net Expenses		772			4,346			2,908			9,136
Net Investment Income (Loss)		2,500			13,050			7,135			16,016
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		764			106,949			79,388			15,828
Foreign Currency Transactions		(23	)		392			31			204
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		17,680			157,645			132,629			385,783
Translation of Foreign Currency Denominated Amounts		(12	)		(33	)		(133	)		24
Change in Deferred Thailand Capital Gains Tax		—			(629	)		(345	)		(1,058	)
Net Realized and Unrealized Gain (Loss)		18,409			264,324			211,570			400,781
Net Increase (Decrease) in Net Assets Resulting from Operations	$	20,909		$	277,374		$	218,705		$	416,797

  * 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.

82

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Enhanced U.S. Large Company Portfolio						U.S. Large Cap Value Portfolio						U.S. Targeted Value Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	923		$	1,409		$	46,971		$	113,440		$	5,279		$	13,400
Net Realized Gain (Loss) on:
Investment Securities Sold		909			(24,217	)		309,269			(2,244,299	)		25,260			(80,571	)
Futures		17,911			25,750			—			—			(256	)		(823	)
Foreign Currency Transactions		1,021			(1,379	)		—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,406	)		2,720			979,704			2,728,048			500,501			244,441
Futures		5,556			1,705			—			—			—			(3	)
Translation of Foreign Currency Denominated Amounts		204			39			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		25,118			6,027			1,335,944			597,189			530,784			176,444
Distributions From:
Net Investment Income:
Class R1 Shares		—			—			—			—			(158	)		(424	)
Class R2 Shares		—			—			—			—			(12	)		(27	)
Institutional Class Shares		(693	)		(17,802	)		(48,952	)		(123,996	)		(5,762	)		(13,728	)
Net Short-Term Gains:
Institutional Class Shares		—			(1,762	)		—			(6,242	)		—			—
Total Distributions		(693	)		(19,564	)		(48,952	)		(130,238	)		(5,932	)		(14,179	)
Capital Share Transactions (1):
Shares Issued		7,345			58,709	*		646,256			1,807,041			584,632			850,582
Shares Issued in Lieu of Cash Distributions		664			18,404			44,891			117,409			5,495			13,641
Shares Redeemed		(34,208	)		(98,676	)		(772,039	)		(1,858,197	)		(183,064	)		(425,490	)
Net Increase (Decrease) from Capital Share Transactions		(26,199	)		(21,563	)		(80,892	)		66,253			407,063			438,733
Total Increase (Decrease) in Net Assets		(1,774	)		(35,100	)		1,206,100			533,204			931,915			600,998
Net Assets
Beginning of Period		165,231			200,331			5,863,652			5,330,448			1,483,760			882,762
End of Period	$	163,457		$	165,231		$	7,069,752		$	5,863,652		$	2,415,675		$	1,483,760
(1) Shares Issued and Redeemed:
Shares Issued		1,032			9,053			36,691			140,615			41,395			88,462
Shares Issued in Lieu of Cash Distributions		97			3,392			2,626			10,018			440			1,442
Shares Redeemed		(4,806	)		(17,904	)		(43,485	)		(145,245	)		(13,570	)		(44,353	)
Net Increase (Decrease) from Shares Issued and Redeemed		(3,677	)		(5,459	)		(4,168	)		5,388			28,265			45,551
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	515		$	285		$	11,559		$	13,540		$	703		$	1,308

  * Includes $7,414 in capital contributions related to the liquidation of The Enhanced U.S. Large Company Series. See Organization note within the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

83

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
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	10,955		$	16,559		$	16,576		$	31,729		$	28,401		$	55,180
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Company Shares Sold		195,400			(373,304	)		859			(60,672	)		(1,476	)		(38,804	)
Futures		—			570			—			683			—			3,212
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares		1,701,730			602,920			410,703			253,827			844,619			375,912
Futures		—			—			—			(2	)		—			(1	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,908,085			246,745			428,138			225,565			871,544			395,499
Distributions From:
Net Investment Income:
Institutional Class Shares		(18,712	)		(69,882	)		(12,483	)		(31,598	)		(21,610	)		(55,009	)
Total Distributions		(18,712	)		(69,882	)		(12,483	)		(31,598	)		(21,610	)		(55,009	)
Capital Share Transactions (1):
Shares Issued		550,662			1,293,768	*		463,893			1,158,480			506,878			1,847,067
Shares Issued in Lieu of Cash Distributions		17,944			67,125			11,082			30,660			21,242			54,122
Shares Redeemed		(747,332	)		(1,372,042	)		(245,973	)		(714,086	)		(386,178	)		(938,382	)
Net Increase (Decrease) from Capital Share Transactions		(178,726	)		(11,149	)		229,002			475,054			141,942			962,807
Total Increase (Decrease) in Net Assets		1,710,647			165,714			644,657			669,021			991,876			1,303,297
Net Assets
Beginning of Period		5,669,659			5,503,945			1,989,583			1,320,562			3,804,325			2,501,028
End of Period	$	7,380,306		$	5,669,659		$	2,634,240		$	1,989,583		$	4,796,201		$	3,804,325
(1) Shares Issued and Redeemed:
Shares Issued		26,413			72,979			48,677			160,998			54,294			258,455
Shares Issued in Lieu of Cash Distributions		940			4,580			1,194			4,155			2,326			7,485
Shares Redeemed		(36,947	)		(94,264	)		(26,042	)		(101,230	)		(41,285	)		(135,979	)
Net Increase (Decrease) from Shares Issued and Redeemed		(9,594	)		(16,705	)		23,829			63,923			15,335			129,961
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(4,778	)	$	2,918		$	4,481		$	373		$	7,529		$	698

  * Includes $28,400 in capital contributions related to the liquidation of The U.S. Small Cap Value Series. See Organization note within the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

84

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Vector Equity Portfolio						U.S. Small Cap Portfolio						U.S. Micro Cap Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	6,740		$	14,733		$	10,023		$	10,818		$	8,345		$	10,509
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Company Shares Sold		1,131			(80,019	)		76,804			(68,079	)		96,583			(190,350	)
Futures		—			407			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares		314,030			173,818			676,011			284,014			724,671			168,490
Net Increase (Decrease) in Net Assets Resulting from Operations		321,901			108,939			762,838			226,753			829,599			(11,351	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(7,024	)		(16,454	)		(11,114	)		(26,412	)		(8,785	)		(57,816	)
Total Distributions		(7,024	)		(16,454	)		(11,114	)		(26,412	)		(8,785	)		(57,816	)
Capital Share Transactions (1):
Shares Issued		206,096			508,175			389,090			877,915	*		154,117			588,720	**
Shares Issued in Lieu of Cash Distributions		6,933			16,189			10,327			24,690			8,460			56,003
Shares Redeemed		(154,898	)		(289,358	)		(338,637	)		(647,794	)		(271,716	)		(681,416	)
Net Increase (Decrease) from Capital Share Transactions		58,131			235,006			60,780			254,811			(109,139	)		(36,693	)
Total Increase (Decrease) in Net Assets		373,008			327,491			812,504			455,152			711,675			(105,860	)
Net Assets
Beginning of Period		1,178,114			850,623			2,522,001			2,066,849			2,818,365			2,924,225
End of Period	$	1,551,122		$	1,178,114		$	3,334,505		$	2,522,001		$	3,530,040		$	2,818,365
(1) Shares Issued and Redeemed:
Shares Issued		22,753			74,700			22,165			67,035			14,397			53,716
Shares Issued in Lieu of Cash Distributions		799			2,427			641			2,058			823			6,981
Shares Redeemed		(16,941	)		(44,108	)		(19,798	)		(54,475	)		(24,921	)		(84,421	)
Net Increase (Decrease) from Shares Issued and Redeemed		6,611			33,019			3,008			14,618			(9,701	)		(23,724	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	1,611		$	1,895		$	2,689		$	3,780		$	2,660		$	3,100

  * Includes $8,355 in capital contributions related to the liquidation of The U.S. Small Cap Series. See Organization note within the Notes to Financial Statements.

** Includes $11,529 in capital contributions related to the liquidation of The U.S. Micro Cap Series. See Organization note within the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

85

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Real Estate Securities Portfolio						Large Cap International Portfolio						International Core Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	36,265		$	69,730		$	17,678		$	36,172		$	43,209		$	77,941
Capital Gain Distributions Received from Investment Securities		6,644			16,169			—			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold		(25,226	)		(106,626	)		(4,108	)		(150,602	)		3,222			(83,575	)
Futures		—			(1,065	)		—			919			—			(2,556	)
Foreign Currency Transactions		—			—			110			951			(28	)		1,319
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		673,476			92,786			46,839			374,243			202,998			928,934
Futures		—			(10	)		—			—			—			(15	)
Translation of Foreign Currency Denominated Amounts		—			—			(64	)		(64	)		(156	)		(108	)
Net Increase (Decrease) in Net Assets Resulting from Operations		691,159			70,984			60,455			261,619			249,245			921,940
Distributions From:
Net Investment Income:
Institutional Class Shares		(38,292	)		(95,934	)		(14,977	)		(32,286	)		(17,579	)		(77,469	)
Total Distributions		(38,292	)		(95,934	)		(14,977	)		(32,286	)		(17,579	)		(77,469	)
Capital Share Transactions (1):
Shares Issued		250,745			760,871			217,482			380,682			711,598			1,709,907
Shares Issued in Lieu of Cash Distributions		37,144			93,552			14,424			31,081			16,791			75,441
Shares Redeemed		(319,638	)		(557,875	)		(132,528	)		(483,605	)		(336,512	)		(911,026	)
Net Increase (Decrease) from Capital Share Transactions		(31,749	)		296,548			99,378			(71,842	)		391,877			874,322
Total Increase (Decrease) in Net Assets		621,118			271,598			144,856			157,491			623,543			1,718,793
Net Assets
Beginning of Period		2,018,559			1,746,961			1,364,351			1,206,860			3,699,842			1,981,049
End of Period	$	2,639,677		$	2,018,559		$	1,509,207		$	1,364,351		$	4,323,385		$	3,699,842
(1) Shares Issued and Redeemed:
Shares Issued		14,303			61,585			11,665			26,226			69,864			227,407
Shares Issued in Lieu of Cash Distributions		2,210			7,388			777			2,085			1,667			9,039
Shares Redeemed		(18,097	)		(45,050	)		(7,073	)		(34,086	)		(33,053	)		(123,941	)
Net Increase (Decrease) from Shares Issued and Redeemed		(1,584	)		23,923			5,369			(5,775	)		38,478			112,505
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	13,666		$	8,197		$	8,294		$	5,593		$	27,778		$	2,148

See accompanying Notes to Financial Statements.

86

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	International Small Company Portfolio						Japanese Small Company Portfolio						Asia Pacific Small Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	38,301		$	83,540		$	1,041		$	1,879		$	1,237		$	2,525
Net Realized Gain (Loss) on:
Investment Securities Sold		9,524			(110,040	)		(10,021	)		(14,110	)		1,476			(8,877	)
Futures		—			592			—			43			—			(89	)
Foreign Currency Transactions		(206	)		1,180			10			250			1			23
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		358,485			1,280,471			16,554			37,328			10,894			52,469
Futures		—			1			—			—			—			—
Translation of Foreign Currency Denominated Amounts		(407	)		(297	)		(26	)		(61	)		(11	)		29
Net Increase (Decrease) in Net Assets Resulting from Operations		405,697			1,255,447			7,558			25,329			13,597			46,080
Distributions From:
Net Investment Income:
Institutional Class Shares		(29,422	)		(81,118	)		(855	)		(2,426	)		(1,428	)		(2,724	)
Total Distributions		(29,422	)		(81,118	)		(855	)		(2,426	)		(1,428	)		(2,724	)
Capital Share Transactions (1):
Shares Issued		529,150			890,444			6,785			18,298			13,574			18,265
Shares Issued in Lieu of Cash Distributions		27,951			77,147			748			2,219			1,261			2,398
Shares Redeemed		(361,182	)		(956,429	)		(6,152	)		(62,735	)		(11,270	)		(26,210	)
Net Increase (Decrease) from Capital Share Transactions		195,919			11,162			1,381			(42,218	)		3,565			(5,547	)
Total Increase (Decrease) in Net Assets		572,194			1,185,491			8,084			(19,315	)		15,734			37,809
Net Assets
Beginning of Period		4,269,864			3,084,373			114,058			133,373			101,853			64,044
End of Period	$	4,842,058		$	4,269,864		$	122,142		$	114,058		$	117,587		$	101,853
(1) Shares Issued and Redeemed:
Shares Issued		36,113			81,822			476			1,589			616			1,318
Shares Issued in Lieu of Cash Distributions		1,975			6,961			54			174			59			196
Shares Redeemed		(24,845	)		(89,990	)		(437	)		(4,937	)		(513	)		(2,055	)
Net Increase (Decrease) from Shares Issued and Redeemed		13,243			(1,207	)		93			(3,174	)		162			(541	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	22,828		$	13,949		$	851		$	665		$	113		$	246

See accompanying Notes to Financial Statements.

87

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	United Kingdom Small Company Portfolio						Continental Small Company Portfolio						DFA International Real Estate Securities Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	309		$	861		$	771		$	2,168		$	19,293		$	32,101
Net Realized Gain (Loss) on:
Investment Securities Sold		(1,127	)		(2,247	)		(869	)		(7,421	)		(27,751	)		(36,531	)
Futures		—			26			—			(137	)		—			234
Foreign Currency Transactions		(5	)		(10	)		(13	)		(49	)		224			185
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		3,382			9,569			5,635			37,449			34,398			170,229
Futures		—			—			—			(1	)		—			—
Translation of Foreign Currency Denominated Amounts		(2	)		(6	)		(8	)		24			(155	)		209
Net Increase (Decrease) in Net Assets Resulting from Operations		2,557			8,193			5,516			32,033			26,009			166,427
Distributions From:
Net Investment Income:
Institutional Class Shares		(295	)		(658	)		(408	)		(2,087	)		(78,863	)		(11,227	)
Total Distributions		(295	)		(658	)		(408	)		(2,087	)		(78,863	)		(11,227	)
Capital Share Transactions (1):
Shares Issued		1,528			4,137			6,451			14,850			147,562			331,853
Shares Issued in Lieu of Cash Distributions		234			556			361			1,874			78,275			11,113
Shares Redeemed		(1,861	)		(10,248	)		(8,177	)		(29,732	)		(92,431	)		(150,317	)
Net Increase (Decrease) from Capital Share Transactions		(99	)		(5,555	)		(1,365	)		(13,008	)		133,406			192,649
Total Increase (Decrease) in Net Assets		2,163			1,980			3,743			16,938			80,552			347,849
Net Assets
Beginning of Period		27,863			25,883			110,926			93,988			742,329			394,480
End of Period	$	30,026		$	27,863		$	114,669		$	110,926		$	822,881		$	742,329
(1) Shares Issued and Redeemed:
Shares Issued		77			288			417			1,344			30,255			82,981
Shares Issued in Lieu of Cash Distributions		12			36			23			148			16,761			3,104
Shares Redeemed		(92	)		(733	)		(529	)		(2,868	)		(19,208	)		(38,756	)
Net Increase (Decrease) from Shares Issued and Redeemed		(3	)		(409	)		(89	)		(1,376	)		27,808			47,329
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	185		$	171		$	351		$	(12	)	$	(34,727	)	$	24,078

See accompanying Notes to Financial Statements.

88

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Global Real Estate Securities Portfolio						DFA International Small Cap Value Portfolio						International Vector Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	26,938		$	7,504		$	50,782		$	118,909		$	2,500		$	4,181
Net Realized Gain (Loss) on:
Investment Securities Sold		(4,518	)		(6,921	)		67,551			(20,925	)		764			(3,551	)
Futures		—			—			—			(9,031	)		—			(232	)
Foreign Currency Transactions		—			—			(1,569	)		(2,189	)		(23	)		(23	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		67,777			66,893			441,529			1,907,503			17,680			71,485
Futures		—			—			—			(28	)		—			(1	)
Translation of Foreign Currency Denominated Amounts		—			—			(267	)		(469	)		(12	)		(11	)
Net Increase (Decrease) in Net Assets Resulting from Operations		90,197			67,476			558,026			1,993,770			20,909			71,848
Distributions From:
Net Investment Income:
Institutional Class Shares		(30,870	)		(2,346	)		(34,172	)		(105,935	)		(1,177	)		(3,671	)
Net Short-Term Gains:
Institutional Class Shares		—			(24	)		—			—			—			—
Net Long-Term Gains:
Institutional Class Shares		—			—			—			(25,433	)		—			—
Total Distributions		(30,870	)		(2,370	)		(34,172	)		(131,368	)		(1,177	)		(3,671	)
Capital Share Transactions (1):
Shares Issued		150,986			345,457			828,067			1,516,998			65,221			203,871
Shares Issued in Lieu of Cash Distributions		30,424			2,351			31,656			123,396			1,128			3,533
Shares Redeemed		(63,221	)		(71,084	)		(677,664	)		(1,442,587	)		(21,624	)		(79,811	)
Net Increase (Decrease) from Capital Share Transactions		118,189			276,724			182,059			197,807			44,725			127,593
Total Increase (Decrease) in Net Assets		177,516			341,830			705,913			2,060,209			64,457			195,770
Net Assets
Beginning of Period		432,502			90,672			6,859,957			4,799,748			262,544			66,774
End of Period	$	610,018		$	432,502		$	7,565,870		$	6,859,957		$	327,001		$	262,544
(1) Shares Issued and Redeemed:
Shares Issued		21,632			62,358			53,650			132,410			6,772			30,203
Shares Issued in Lieu of Cash Distributions		4,617			445			2,126			10,640			120			455
Shares Redeemed		(9,212	)		(13,777	)		(44,335	)		(126,703	)		(2,270	)		(12,091	)
Net Increase (Decrease) from Shares Issued and Redeemed		17,037			49,026			11,441			16,347			4,622			18,567
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	986		$	4,918		$	28,661		$	11,837		$	2,038		$	715

See accompanying Notes to Financial Statements.

89

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Emerging Markets Portfolio						Emerging Markets Small Cap Portfolio						Emerging Markets Core Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	13,050		$	33,922		$	7,135		$	15,885		$	16,016		$	36,040
Net Realized Gain (Loss) on:
Investment Securities Sold		106,949			37,268			79,388			(15,114	)		15,828			(25,567	)
Futures		—			(2,712	)		—			(630	)		—			(873	)
Foreign Currency Transactions		392			(28	)		31			(178	)		204			(297	)
In-Kind Redemptions		—			17,805	*		—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		157,645			592,684			132,629			522,143			385,783			981,322
Futures		—			(30	)		—			(9	)		—			(4	)
Translation of Foreign Currency Denominated Amounts		(33	)		196			(133	)		168			24			33
Change in Deferred Thailand Capital Gains Tax		(629	)		(1,264	)		(345	)		(785	)		(1,058	)		(1,800	)
Net Increase (Decrease) in Net Assets Resulting from Operations		277,374			677,841			218,705			521,480			416,797			988,854
Distributions From:
Net Investment Income:
Institutional Class Shares		(8,451	)		(33,127	)		(4,954	)		(16,832	)		(12,107	)		(29,028	)
Net Short-Term Gains:
Institutional Class Shares		(2,485	)		—			—			—			—			—
Net Long-Term Gains:
Institutional Class Shares		(29,814	)		(20,948	)		—			—			—			—
Total Distributions		(40,750	)		(54,075	)		(4,954	)		(16,832	)		(12,107	)		(29,028	)
Capital Share Transactions (1):
Shares Issued		199,848			448,802			204,267			278,046			710,034			935,028
Shares Issued in Lieu of Cash Distributions		36,943			48,701			4,241			15,192			11,322			27,561
Shares Redeemed		(309,292	)		(663,241	)*		(153,465	)		(211,257	)		(294,797	)		(622,906	)
Net Increase (Decrease) from Capital Share Transactions		(72,501	)		(165,738	)		55,043			81,981			426,559			339,683
Total Increase (Decrease) in Net Assets		164,123			458,028			268,794			586,629			831,249			1,299,509
Net Assets
Beginning of Period		1,966,288			1,508,260			1,133,958			547,329			2,455,035			1,155,526
End of Period	$	2,130,411		$	1,966,288		$	1,402,752		$	1,133,958		$	3,286,284		$	2,455,035
(1) Shares Issued and Redeemed:
Shares Issued		7,331			23,617			10,223			23,468			38,884			84,048
Shares Issued in Lieu of Cash Distributions		1,384			2,705			223			1,244			636			2,073
Shares Redeemed		(11,370	)		(36,851	)		(8,009	)		(18,390	)		(16,268	)		(54,153	)
Net Increase (Decrease) from Shares Issued and Redeemed		(2,655	)		(10,529	)		2,437			6,322			23,252			31,968
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	7,906		$	3,281		$	4,504		$	2,323		$	10,573		$	6,664

* See Note M in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

90

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Enhanced U.S. Large Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	6.48		$	6.47		$	10.91		$	10.95		$	9.82		$	9.35		$	8.42
Income From Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.05	(A)		0.39	(A)		0.30	(A)		0.12	(A)		0.29			0.09
Net Gains (Losses) on Securities (Realized and Unrealized)		1.00			0.61			(3.74	)		0.45			1.19			0.37			0.94
Total From Investment Operations		1.04			0.66			(3.35	)		0.75			1.31			0.66			1.03
Less Distributions
Net Investment Income		(0.03	)		(0.59	)		(0.36	)		(0.36	)		(0.18	)		(0.19	)		(0.10	)
Net Realized Gains		—			(0.06	)		(0.73	)		(0.43	)		—			—			—
Total Distributions		(0.03	)		(0.65	)		(1.09	)		(0.79	)		(0.18	)		(0.19	)		(0.10	)
Net Asset Value, End of Period	$	7.49		$	6.48		$	6.47		$	10.91		$	10.95		$	9.82		$	9.35
Total Return		16.06	%(C)		12.23	%		(33.89	)%(C)		7.13	%		13.52	%		7.08	%		12.28	%
Net Assets, End of Period (thousands)	$	163,457		$	165,231		$	200,331		$	337,050		$	347,216		$	313,543		$	221,744
Ratio of Expenses to Average Net Assets		0.27	%(B)		0.29	%**		0.25	%(B)(D)		0.25	%(D)		0.26	%(D)		0.34	%(D)		0.37	%(D)
Ratio of Net Investment Income to Average Net Assets		1.11	%(B)		0.86	%		4.74	%(B)		2.67	%		1.19	%		3.11	%		0.95	%
Portfolio Turnover Rate		51	%(C)		46	%*		N/A			N/A			N/A			N/A			N/A

	U.S. Large Cap Value Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	15.81		$	14.58		$	24.44		$	25.40		$	21.93		$	19.37		$	16.14
Income From Investment Operations
Net Investment Income (Loss)		0.13	(A)		0.31	(A)		0.36	(A)		0.33	(A)		0.38	(A)		0.30			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		3.47			1.28			(8.83	)		(0.43	)		3.50			2.49			3.28
Total From Investment Operations		3.60			1.59			(8.47	)		(0.10	)		3.88			2.79			3.44
Less Distributions
Net Investment Income		(0.13	)		(0.34	)		(0.35	)		(0.32	)		(0.35	)		(0.23	)		(0.21	)
Net Realized Gains		—			(0.02	)		(1.04	)		(0.54	)		(0.06	)		—			—
Total Distributions		(0.13	)		(0.36	)		(1.39	)		(0.86	)		(0.41	)		(0.23	)		(0.21	)
Net Asset Value, End of Period	$	19.28		$	15.81		$	14.58		$	24.44		$	25.40		$	21.93		$	19.37
Total Return		22.89	%(C)		11.76	%		(36.63	)%(C)		(0.49	)%		17.97	%		14.49	%		21.48	%
Net Assets, End of Period (thousands)	$	7,069,752		$	5,863,652		$	5,330,448		$	7,535,552		$	6,410,086		$	4,046,083		$	2,630,361
Ratio of Expenses to Average Net Assets		0.28	%(B)(D)		0.30	%(D)		0.28	%(B)(D)		0.27	%(D)		0.28	%(D)		0.30	%(D)		0.32	%(D)
Ratio of Net Investment Income to Average Net Assets		1.45	%(B)		2.26	%		1.86	%(B)		1.28	%		1.64	%		1.48	%		0.89	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A			N/A

* For the period February 28, 2009 through October 31, 2009. Effective February 28, 2009, Enhanced U.S. Large Company Portfolio invests directly in securities rather than through the Series.

** Represents the combined ratios for the respective portfolio and for the period November 1, 2008 through February 27, 2009, 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.

91

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Targeted Value Portfolio- Class R1 Shares									U.S. Targeted Value Portfolio- Class R2 Shares
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Jan. 31, 2008(a) to Oct. 31, 2008			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period June 30, 2008(a) to Oct. 31, 2008
	(Unaudited)									(Unaudited)
Net Asset Value, Beginning of Period	$	7.98		$	7.43		$	10.00		$	8.42		$	7.83		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.02	(A)		0.08	(A)		0.09	(A)		0.02	(A)		0.07	(A)		0.04	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		2.66			0.59			(2.56	)		2.78			0.63			(2.17	)
Total From Investment Operations		2.68			0.67			(2.47	)		2.80			0.70			(2.13	)
Less Distributions
Net Investment Income		(0.04	)		(0.12	)		(0.10	)		(0.03	)		(0.11	)		(0.04	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.04	)		(0.12	)		(0.10	)		(0.03	)		(0.11	)		(0.04	)
Net Asset Value, End of Period	$	10.62		$	7.98		$	7.43		$	11.19		$	8.42		$	7.83
Total Return		33.70	%(C)		9.36	%		(24.96	)%(C)		33.40	%(C)		9.23	%		(21.40	)%(C)
Net Assets, End of Period (thousands)	$	41,731		$	31,393		$	25,599		$	6,282		$	2,930		$	1,715
Ratio of Expenses to Average Net Assets		0.49	%(B)		0.52	%		0.50	%(B)(E)		0.64	%(B)		0.67	%		0.66	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.49	%(B)		0.52	%		0.50	%(B)(E)		0.64	%(B)		0.67	%		0.66	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.50	%(B)		1.12	%		1.24	%(B)(E)		0.32	%(B)		0.91	%		1.35	%(B)(E)
Portfolio Turnover Rate		6	%(C)		17	%		20	%(C)		6	%(C)		17	%		20	%(C)

	U.S. Targeted Value Portfolio- Institutional Class Shares
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.70		$	10.84		$	15.89		$	18.69		$	17.33		$	17.09		$	15.14
Income From Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.12	(A)		0.18	(A)		0.20	(A)		0.21	(A)		0.32			0.86
Net Gains (Losses) on Securities (Realized and Unrealized)		3.89			0.88			(4.68	)		(1.32	)		2.84			1.59			2.88
Total From Investment Operations		3.93			1.00			(4.50	)		(1.12	)		3.05			1.91			3.74
Less Distributions
Net Investment Income		(0.05	)		(0.14	)		(0.15	)		(0.20	)		(0.25	)		(0.23	)		(0.90	)
Net Realized Gains		—			—			(0.40	)		(1.48	)		(1.44	)		(1.44	)		(0.89	)
Total Distributions		(0.05	)		(0.14	)		(0.55	)		(1.68	)		(1.69	)		(1.67	)		(1.79	)
Net Asset Value, End of Period	$	15.58		$	11.70		$	10.84		$	15.89		$	18.69		$	17.33		$	17.09
Total Return		33.64	%(C)		9.47	%		(29.27	)%(C)		(6.59	)%		19.48	%		12.17	%		27.36	%
Net Assets, End of Period (thousands)	$	2,367,662		$	1,449,437		$	855,448		$	554,805		$	215,338		$	172,595		$	159,325
Ratio of Expenses to Average Net Assets		0.38	%(B)		0.41	%		0.40	%(B)		0.41	%(D)**		0.46	%(D)		0.47	%(D)		0.50	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.38	%(B)		0.41	%		0.40	%(B)		0.41	%(D)**		0.46	%(D)		0.47	%(D)		0.48	%(D)
Ratio of Net Investment Income to Average Net Assets		0.58	%(B)		1.19	%		1.39	%(B)		1.12	%		1.19	%		1.91	%		0.27	%
Portfolio Turnover Rate		6	%(C)		17	%		20	%(C)		9	%(C)*		N/A			N/A			N/A

* For the period March 30, 2007 through November 30, 2007. Effective March 30, 2007, 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.

92

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Small Cap Value Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	17.69		$	16.32		$	26.49		$	31.59		$	28.74		$	27.71		$        23.26
Income From Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.04	(A)		0.18	(A)		0.30	(A)		0.28	(A)		0.29		0.30
Net Gains (Losses) on Securities (Realized and Unrealized)		6.07			1.54			(7.86	)		(2.72	)		5.06			2.66		5.73
Total From Investment Operations		6.11			1.58			(7.68	)		(2.42	)		5.34			2.95		6.03
Less Distributions
Net Investment Income		(0.06	)		(0.21	)		(0.22	)		(0.28	)		(0.23	)		(0.26	)	(0.38)
Net Realized Gains		—			—			(2.27	)		(2.40	)		(2.26	)		(1.66	)	(1.20)
Total Distributions		(0.06	)		(0.21	)		(2.49	)		(2.68	)		(2.49	)		(1.92	)	(1.58)
Net Asset Value, End of Period	$	23.74		$	17.69		$	16.32		$	26.49		$	31.59		$	28.74		$        27.71
Total Return		34.62	%(C)		9.97	%		(31.80	)%(C)		(8.41	)%		20.29	%		11.32	%	27.46%
Net Assets, End of Period (thousands)	$	7,380,306		$	5,669,659		$	5,503,945		$	8,802,846		$	8,738,278		$	6,924,234		$5,795,166
Ratio of Expenses to Average Net Assets		0.53	%(B)		0.54	%**		0.52	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)	0.56%(	D)
Ratio of Net Investment Income to Average Net Assets		0.35	%(B)		0.27	%		0.86	%(B)		0.98	%		0.94	%		1.04	%	0.04%
Portfolio Turnover Rate		10	%(C)		21	%*		N/A			N/A			N/A			N/A		N/A

* For the period February 28, 2009 through October 31, 2009. Effective February 28, 2009, U.S. Small Cap Value Portfolio invests directly in securities rather than through the Series.

** Represents the combined ratios for the respective portfolio and for the period November 1, 2008 through February 27, 2009, 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.

93

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Core Equity 1 Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Sept. 15, 2005(a) to Nov. 30, 2005
	(Unaudited)
Net Asset Value, Beginning of Period	$	8.54		$	7.81		$	11.83		$	11.50		$	10.22		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.15	(A)		0.17	(A)		0.19	(A)		0.17	(A)		0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		1.70			0.73			(4.03	)		0.35			1.28			0.19
Total From Investment Operations		1.77			0.88			(3.86	)		0.54			1.45			0.22
Less Distributions
Net Investment Income		(0.05	)		(0.15	)		(0.16	)		(0.18	)		(0.17	)		—
Net Realized Gains		—			—			—			(0.03	)		—			—
Total Distributions		(0.05	)		(0.15	)		(0.16	)		(0.21	)		(0.17	)		—
Net Asset Value, End of Period	$	10.26		$	8.54		$	7.81		$	11.83		$	11.50		$	10.22
Total Return		20.82	%(C)		11.64	%		(32.85	)%(C)		4.68	%		14.35	%		2.20	%(C)
Net Assets, End of Period (thousands)	$	2,634,240		$	1,989,583		$	1,320,562		$	1,210,031		$	652,270		$	123,591
Ratio of Expenses to Average Net Assets		0.20	%(B)		0.22	%		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)		0.22	%		0.20	%(B)		0.20	%		0.23	%		0.37	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.46	%(B)		2.02	%		1.78	%(B)		1.53	%		1.52	%		1.85	%(B)(E)
Portfolio Turnover Rate		2	%(C)		7	%		5	%(C)		10	%		6	%		0	%(C)

	U.S. Core Equity 2 Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Sept. 15, 2005(a) to Nov. 30, 2005
	(Unaudited)
Net Asset Value, Beginning of Period	$	8.39		$	7.73		$	11.77		$	11.65		$	10.24		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.06	(A)		0.14	(A)		0.17	(A)		0.19	(A)		0.17	(A)		0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		1.83			0.66			(4.04	)		0.13			1.40			0.21
Total From Investment Operations		1.89			0.80			(3.87	)		0.32			1.57			0.24
Less Distributions
Net Investment Income		(0.05	)		(0.14	)		(0.17	)		(0.17	)		(0.16	)		—
Net Realized Gains		—			—			—			(0.03	)		—			—
Total Distributions		(0.05	)		(0.14	)		(0.17	)		(0.20	)		(0.16	)		—
Net Asset Value, End of Period	$	10.23		$	8.39		$	7.73		$	11.77		$	11.65		$	10.24
Total Return		22.56	%(C)		10.66	%		(33.16	)%(C)		2.78	%		15.50	%		2.40	%(C)
Net Assets, End of Period (thousands)	$	4,796,201		$	3,804,325		$	2,501,028		$	2,939,420		$	1,216,310		$	182,078
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.24	%		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)		0.24	%		0.23	%(B)		0.23	%		0.26	%		0.38	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.33	%(B)		1.89	%		1.77	%(B)		1.55	%		1.55	%		1.92	%(B)(E)
Portfolio Turnover Rate		3	%(C)		4	%		8	%(C)		7	%		5	%		0	%(C)

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

See accompanying Notes to Financial Statements.

94

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Vector Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 30, 2005(a) to Nov. 30, 2006
	(Unaudited)
Net Asset Value, Beginning of Period	$	8.03		$	7.48		$	11.38		$	11.79		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.11	(A)		0.15	(A)		0.16	(A)		0.13	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		2.09			0.57			(3.89	)		(0.25	)		1.73
Total From Investment Operations		2.13			0.68			(3.74	)		(0.09	)		1.86
Less Distributions
Net Investment Income		(0.05	)		(0.13	)		(0.16	)		(0.14	)		(0.07	)
Net Realized Gains		—			—			—			(0.18	)		—
Total Distributions		(0.05	)		(0.13	)		(0.16	)		(0.32	)		(0.07	)
Net Asset Value, End of Period	$	10.11		$	8.03		$	7.48		$	11.38		$	11.79
Total Return		26.59	%(C)		9.47	%		(33.29	)%(C)		(0.87	)%		18.65	%(C)
Net Assets, End of Period (thousands)	$	1,551,122		$	1,178,114		$	850,623		$	959,742		$	403,312
Ratio of Expenses to Average Net Assets		0.34	%(B)		0.35	%		0.34	%(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)		0.34	%(B)		0.35	%		0.34	%(B)		0.33	%		0.39	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.00	%(B)		1.60	%		1.66	%(B)		1.29	%		1.24	%(B)(E)
Portfolio Turnover Rate		5	%(C)		11	%		11	%(C)		14	%		24	%(C)

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

See accompanying Notes to Financial Statements.

95

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Small Cap Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	14.89		$	13.35		$	20.64		$	22.46		$	20.75		$	19.13		$	16.52
Income From Investment Operations
Net Investment Income (Loss)		0.06	(A)		0.06	(A)		0.14	(A)		0.21	(A)		0.17	(A)		0.15			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		4.46			1.65			(6.08	)		(0.66	)		2.84			1.75			2.67
Total From Investment Operations		4.52			1.71			(5.94	)		(0.45	)		3.01			1.90			2.72
Less Distributions
Net Investment Income		(0.07	)		(0.17	)		(0.17	)		(0.21	)		(0.13	)		(0.13	)		(0.10	)
Net Realized Gains		—			—			(1.18	)		(1.16	)		(1.17	)		(0.15	)		—
Tax Return of Capital		—			—			—			—			—			—			(0.01	)
Total Distributions		(0.07	)		(0.17	)		(1.35	)		(1.37	)		(1.30	)		(0.28	)		(0.11	)
Net Asset Value, End of Period	$	19.34		$	14.89		$	13.35		$	20.64		$	22.46		$	20.75		$	19.13
Total Return		30.49	%(C)		13.08	%		(30.67	)%(C)		(2.17	)%		15.49	%		10.04	%		16.59	%
Net Assets, End of Period (thousands)	$	3,334,505		$	2,522,001		$	2,066,849		$	3,285,093		$	3,297,199		$	2,641,670		$	2,137,970
Ratio of Expenses to Average Net Assets		0.38	%(B)		0.40	%**		0.38	%(B)(D)		0.38	%(D)		0.38	%(D)		0.40	%(D)		0.41	%(D)
Ratio of Net Investment Income to Average Net Assets		0.71	%(B)		0.50	%		0.86	%(B)		0.95	%		0.82	%		0.78	%		0.22	%
Portfolio Turnover Rate		9	%(C)		17	%*		N/A			N/A			N/A			N/A			N/A

	U.S. Micro Cap Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.57		$	9.19		$	14.80		$	16.83		$	15.91		$	15.06		$	13.34
Income From Investment Operations
Net Investment Income (Loss)		0.03	(A)		0.03	(A)		0.10	(A)		0.14	(A)		0.10	(A)		0.07			0.19
Net Gains (Losses) on Securities (Realized and Unrealized)		2.83			0.54			(4.32	)		(0.69	)		2.04			1.43			1.93
Total From Investment Operations		2.86			0.57			(4.22	)		(0.55	)		2.14			1.50			2.12
Less Distributions
Net Investment Income		(0.03	)		(0.19	)		(0.13	)		(0.13	)		(0.08	)		(0.06	)		(0.22	)
Net Realized Gains		—			—			(1.26	)		(1.35	)		(1.14	)		(0.59	)		(0.18	)
Tax Return of Capital		—			—			—			—			—			—			—
Total Distributions		(0.03	)		(0.19	)		(1.39	)		(1.48	)		(1.22	)		(0.65	)		(0.40	)
Net Asset Value, End of Period	$	12.40		$	9.57		$	9.19		$	14.80		$	16.83		$	15.91		$	15.06
Total Return		29.95	%(C)		6.61	%		(31.33	)%(C)		(3.63	)%		14.52	%		10.33	%		16.34	%
Net Assets, End of Period (thousands)	$	3,530,040		$	2,818,365		$	2,924,225		$	4,700,371		$	4,824,003		$	3,949,511		$	3,214,520
Ratio of Expenses to Average Net Assets		0.53	%(B)		0.54	%**		0.53	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)
Ratio of Net Investment Income to Average Net Assets		0.54	%(B)		0.38	%		0.91	%(B)		0.89	%		0.64	%		0.48	%		0.06	%
Portfolio Turnover Rate		4	%(C)		12	%*		N/A			N/A			N/A			N/A			N/A

* For the period February 28, 2009 through October 31, 2009. Effective February 28, 2009, the Portfolios invest directly in securities rather than through the Series.

** Represents the combined ratios for the respective portfolio and for the period November 1, 2008 through February 27, 2009, 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.

96

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Real Estate Securities Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	15.29		$	16.16		$	27.20		$	33.80		$	25.75		$	23.02		$	18.80
Income From Investment Operations
Net Investment Income (Loss)		0.27	(A)		0.58	(A)		0.64	(A)		0.62	(A)		0.64	(A)		0.82			0.62
Net Gains (Losses) on Securities (Realized and Unrealized)		4.97			(0.62	)		(9.28	)		(5.64	)		8.84			3.33			4.47
Total From Investment Operations		5.24			(0.04	)		(8.64	)		(5.02	)		9.48			4.15			5.09
Less Distributions
Net Investment Income		(0.29	)		(0.83	)		(0.30	)		(0.70	)		(1.02	)		(0.86	)		(0.71	)
Net Realized Gains		—			—			(2.10	)		(0.88	)		(0.41	)		(0.56	)		(0.16	)
Total Distributions		(0.29	)		(0.83	)		(2.40	)		(1.58	)		(1.43	)		(1.42	)		(0.87	)
Net Asset Value, End of Period	$	20.24		$	15.29 $		$	16.16		$	27.20		$	33.80		$	25.75		$	23.02
Total Return		34.66	%(C)		0.98	%		(34.46	)%(C)		(15.45	)%		38.23	%		18.81	%		29.44	%
Net Assets, End of Period (thousands)	$	2,639,677		$	2,018,559		$	1,746,961		$	2,671,457		$	2,837,026		$	1,836,650		$	1,308,898
Ratio of Expenses to Average Net Assets		0.33	%(B)		0.36	%		0.33	%(B)		0.33	%		0.33	%		0.37	%		0.39	%
Ratio of Net Investment Income to Average Net Assets		2.97	%(B)		4.54	%		3.01	%(B)		1.99	%		2.25	%		3.11	%		3.61	%
Portfolio Turnover Rate		1	%(C)		2	%		13	%(C)		17	%		10	%		3	%		6	%

	Large Cap International Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	18.02		$	14.81		$	27.18		$	23.60		$	19.00		$	17.31		$	14.65
Income From Investment Operations
Net Investment Income (Loss)		0.23	(A)		0.48	(A)		0.68	(A)		0.68	(A)		0.55	(A)		0.44			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		0.57			3.16			(12.06	)		3.57			4.68			1.72			2.86
Total From Investment Operations		0.80			3.64			(11.38	)		4.25			5.23			2.16			3.17
Less Distributions
Net Investment Income		(0.20	)		(0.43	)		(0.64	)		(0.67	)		(0.63	)		(0.47	)		(0.51	)
Net Realized Gains		—			—			(0.35	)		—			—			—			—
Total Distributions		(0.20	)		(0.43	)		(0.99	)		(0.67	)		(0.63	)		(0.47	)		(0.51	)
Net Asset Value, End of Period	$	18.62		$	18.02		$	14.81		$	27.18		$	23.60		$	19.00		$	17.31
Total Return		4.43	%(C)		25.20	%		(43.14	)%(C)		18.18	%		28.00	%		12.73	%		22.09	%
Net Assets, End of Period (thousands)	$	1,509,207		$	1,364,351		$	1,206,860		$	2,224,180		$	1,673,239		$	1,125,455		$	844,883
Ratio of Expenses to Average Net Assets		0.30	%(B)		0.32	%		0.29	%(B)		0.29	%		0.29	%		0.37	%		0.41	%
Ratio of Net Investment Income to Average Net Assets		2.49	%(B)		3.14	%		3.18	%(B)		2.62	%		2.56	%		2.41	%		2.07	%
Portfolio Turnover Rate		3	%(C)		12	%		12	%(C)		5	%		4	%		4	%		1	%

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)

	International Core Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period         Sept. 15,         2005(a)          to         Nov. 30,         2005
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.79		$	7.46		$	14.35		$	12.82		$	10.07		$    10.00
Income From Investment Operations
Net Investment Income (Loss)(A)		0.11			0.23			0.37			0.35			0.28		0.04
Net Gains (Losses) on Securities (Realized and Unrealized)		0.53			2.32			(6.76	)		1.54			2.71		0.03
Total From Investment Operations		0.64			2.55			(6.39	)		1.89			2.99		0.07
Less Distributions
Net Investment Income		(0.05	)		(0.22	)		(0.35	)		(0.32	)		(0.24	)	—
Net Realized Gains		—			—			(0.15	)		(0.04	)		—		—
Total Distributions		(0.05	)		(0.22	)		(0.50	)		(0.36	)		(0.24	)	—
Net Asset Value, End of Period	$	10.38		$	9.79		$	7.46		$	14.35		$	12.82		$    10.07
Total Return		6.50	%(C)		34.81	%		(45.76	)%(C)		14.83	%		30.06	%	0.70%(C)
Net Assets, End of Period (thousands)	$	4,323,385		$	3,699,842		$	1,981,049		$	2,342,187		$	851,077		$121,249
Ratio of Expenses to Average Net Assets		0.40	%(B)		0.41	%		0.41	%(B)		0.41	%		0.48	%	0.49%(B)(	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	%		0.41	%(B)		0.41	%		0.46	%	0.90%(B)(	E)
Ratio of Net Investment Income to Average Net Assets		2.16	%(B)		2.84	%		3.39	%(B)		2.49	%		2.35	%	1.89%(B)(	E)
Portfolio Turnover Rate		1	%(C)		5	%		4	%(C)		4	%		2	%	0%(C)

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)

	International Small Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
		(Unaudited)
Net Asset Value, Beginning of Period	$	13.99		$	10.07		$	20.80		$	19.43 $		$	16.19		$	14.12		$	11.00
Income From Investment Operations
Net Investment Income (Loss)		0.12	(A)		0.28	(A)		0.44	(A)		0.43	(A)		0.36	(A)		0.31	(A)		0.22
Net Gains (Losses) on Securities (Realized and Unrealized)		1.20			3.91			(9.55	)		2.07			4.02			2.38			3.24
Total From Investment Operations		1.32			4.19			(9.11	)		2.50			4.38			2.69			3.46
Less Distributions
Net Investment Income		(0.10	)		(0.27	)		(0.45	)		(0.46	)		(0.36	)		(0.29	)		(0.34	)
Net Realized Gains		—			—			(1.17	)		(0.67	)		(0.78	)		(0.33	)		—
Total Distributions		(0.10	)		(0.27	)		(1.62	)		(1.13	)		(1.14	)		(0.62	)		(0.34	)
Net Asset Value, End of Period	$	15.21		$	13.99		$	10.07		$	20.80		$	19.43		$	16.19		$	14.12
Total Return		9.46	%(C)		42.34	%		(47.13	)%(C)		13.29	%		28.51	%		19.74	%		32.10	%
Net Assets, End of Period (thousands)	$	4,842,058		$	4,269,864		$	3,084,373		$	5,597,209		$	4,546,071		$	2,725,231		$	1,658,184
Ratio of Expenses to Average Net Assets (D)		0.55	%(B)		0.57	%		0.55	%(B)		0.55	%		0.56	%		0.64	%		0.69	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.55	%(B)		0.57	%		0.55	%(B)		0.55	%		0.56	%		0.64	%		0.69	%
Ratio of Net Investment Income to Average Net Assets		1.72	%(B)		2.48	%		2.90	%(B)		2.03	%		2.04	%		2.05	%		1.82	%

	Japanese Small Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
		(Unaudited)
Net Asset Value, Beginning of Period	$	14.32		$	11.97		$	16.75		$	17.23		$	17.97		$	13.99		$	10.80
Income From Investment Operations
Net Investment Income (Loss)		0.13	(A)		0.22	(A)		0.29	(A)		0.27	(A)		0.22	(A)		0.16	(A)		0.22
Net Gains (Losses) on Securities (Realized and Unrealized)		0.82			2.39			(4.78	)		(0.52	)		(0.73	)		4.00			3.16
Total From Investment Operations		0.95			2.61			(4.49	)		(0.25	)		(0.51	)		4.16			3.38
Less Distributions
Net Investment Income		(0.11	)		(0.26	)		(0.29	)		(0.23	)		(0.23	)		(0.18	)		(0.19	)
Net Realized Gains		—			—			—			—			—			—			—
Total Distributions		(0.11	)		(0.26	)		(0.29	)		(0.23	)		(0.23	)		(0.18	)		(0.19	)
Net Asset Value, End of Period	$	15.16		$	14.32		$	11.97		$	16.75		$	17.23		$	17.97		$	13.99
Total Return		6.68	%(C)		22.08	%		(27.16	)%(C)		(1.51	)%		(2.94	)%		30.13	%		31.79	%
Net Assets, End of Period (thousands)	$	122,142		$	114,058		$	133,373		$	199,080		$	168,957		$	169,995		$	65,879
Ratio of Expenses to Average Net Assets (D)		0.58	%(B)		0.59	%		0.58	%(B)		0.56	%		0.61	%		0.68	%		0.73	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.58	%(B)		0.59	%		0.58	%(B)		0.56	%		0.58	%		0.68	%		0.79	%
Ratio of Net Investment Income to Average Net Assets		1.87	%(B)		1.68	%		2.18	%(B)		1.51	%		1.19	%		1.03	%		1.01	%

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)

	Asia Pacific Small Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	20.59		$	11.67		$	28.73		$	20.26		$	15.28		$	14.54		$	12.10
Income From Investment Operations
Net Investment Income (Loss)		0.25	(A)		0.50	(A)		0.83	(A)		0.79	(A)		0.64	(A)		0.70			0.50
Net Gains (Losses) on Securities (Realized and Unrealized)		2.47			8.95			(17.04	)		8.43			4.92			0.54			2.58
Total From Investment Operations		2.72			9.45			(16.21	)		9.22			5.56			1.24			3.08
Less Distributions
Net Investment Income		(0.29	)		(0.53	)		(0.85	)		(0.75	)		(0.58	)		(0.50	)		(0.64	)
Net Realized Gains		—			—			—			—			—			—			—
Return of Capital		—			—			—			—			—			—			—
Total Distributions		(0.29	)		(0.53	)		(0.85	)		(0.75	)		(0.58	)		(0.50	)		(0.64	)
Net Asset Value, End of Period	$	23.02		$	20.59		$	11.67		$	28.73		$	20.26		$	15.28		$	14.54
Total Return		13.29	%(C)		84.11	%		(57.94	)%(C)		46.55	%		37.52	%		8.81	%		26.73	%
Net Assets, End of Period (thousands)	$	117,587		$	101,853		$	64,044		$	146,307		$	71,537		$	38,927		$	26,735
Ratio of Expenses to Average Net Assets(D)		0.63	%(B)		0.65	%		0.62	%(B)		0.62	%		0.64	%		0.74	%		0.80	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Expenses)(D)		0.60	%(B)		0.65	%		0.61	%(B)		0.59	%		0.64	%		0.86	%		0.96	%
Ratio of Net Investment Income to Average Net Assets		2.27	%(B)		3.53	%		3.85	%(B)		3.13	%		3.68	%		3.89	%		3.29	%
	United Kingdom Small Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	19.83		$	14.27		$	31.29		$	32.97		$	24.65		$	23.47		$	19.26
Income From Investment Operations
Net Investment Income (Loss)		0.22	(A)		0.55	(A)		0.77	(A)		0.78	(A)		0.61	(A)		0.64	(A)		0.48
Net Gains (Losses) on Securities (Realized and Unrealized)		1.57			5.44			(15.84	)		(0.08	)		9.61			2.15			4.87
Total From Investment Operations		1.79			5.99			(15.07	)		0.70			10.22			2.79			5.35
Less Distributions
Net Investment Income		(0.21	)		(0.43	)		(0.72	)		(1.03	)		(0.68	)		(0.59	)		(1.14	)
Net Realized Gains		—			—			(1.22	)		(1.35	)		(1.22	)		(1.02	)		—
Return of Capital		—			—			(0.01	)		—			—			—			—
Total Distributions		(0.21	)		(0.43	)		(1.95	)		(2.38	)		(1.90	)		(1.61	)		(1.14	)
Net Asset Value, End of Period	$	21.41		$	19.83		$	14.27		$	31.29		$	32.97		$	24.65		$	23.47
Total Return		9.15	%(C)		42.81	%		(50.97	)%(C)		1.94	%		44.15	%		12.35	%		29.05	%
Net Assets, End of Period (thousands)	$	30,026		$	27,863		$	25,883		$	37,139		$	31,808		$	20,578		$	15,816
Ratio of Expenses to Average Net Assets(D)		0.60	%(B)		0.61	%		0.59	%(B)		0.59	%		0.60	%		0.70	%		0.74	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Expenses)(D)		0.67	%(B)		0.70	%		0.65	%(B)		0.62	%		0.67	%		0.89	%		1.04	%
Ratio of Net Investment Income to Average Net Assets		2.20	%(B)		3.62	%		3.41	%(B)		2.28	%		2.20	%		2.70	%		2.21	%

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)

	Continental Small Company Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	15.02		$	10.73		$	22.95		$	20.47		$	15.78		$	14.12		$	12.60
Income From Investment Operations
Net Investment Income (Loss)		0.11	(A)		0.28	(A)		0.52	(A)		0.40	(A)		0.31	(A)		0.21			0.17
Net Gains (Losses) on Securities (Realized and Unrealized)		0.65			4.29			(11.32	)		3.00			6.28			2.28			3.64
Total From Investment Operations		0.76			4.57			(10.80	)		3.40			6.59			2.49			3.81
Less Distributions
Net Investment Income		(0.06	)		(0.28	)		(0.45	)		(0.38	)		(0.34	)		(0.30	)		(0.50	)
Net Realized Gains		—			—			(0.96	)		(0.54	)		(1.56	)		(0.53	)		(1.79	)
Return of Capital		—			—			(0.01	)		—			—			—			—
Total Distributions		(0.06	)		(0.28	)		(1.42	)		(0.92	)		(1.90	)		(0.83	)		(2.29	)
Net Asset Value, End of Period	$	15.72		$	15.02		$	10.73		$	22.95		$	20.47		$	15.78		$	14.12
Total Return		5.04	%(C)		43.12	%		(49.89	)%(C)		16.99	%		46.33	%		18.42	%		35.91	%
Net Assets, End of Period (thousands)	$	114,669		$	110,926		$	93,988		$	170,909		$	90,261		$	52,061		$	33,839
Ratio of Expenses to Average Net Assets		0.59	%(B)(D)		0.62	%(D)		0.59	%(B)(D)		0.61	%(D)		0.62	%(D)		0.71	%(D)		0.73	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.59	%(B)(D)		0.61	%(D)		0.59	%(B)(D)		0.57	%(D)		0.61	%(D)		0.78	%(D)		0.87	%(D)
Ratio of Net Investment Income (Loss) to Average Net Assets		1.36	%(B)		2.39	%		3.04	%(B)		1.70	%		1.78	%		1.77	%		1.56	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A			N/A

	DFA International Real Estate Securities Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Period         March 1,         2007(a)          to         Nov. 30,         2007
	(Unaudited)
Net Asset Value, Beginning of Period	$	5.24		$	4.18		$	9.35		$    10.00
Income From Investment Operations
Net Investment Income (Loss)		0.12	(A)		0.26	(A)		0.34	(A)	0.23(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		0.05			0.91			(5.08	)	(0.76)
Total From Investment Operations		0.17			1.17			(4.74	)	(0.53)
Less Distributions
Net Investment Income		(0.55	)		(0.11	)		(0.43	)	(0.12)
Net Realized Gains		—			—			—		—
Return of Capital		—			—			—		—
Total Distributions		(0.55	)		(0.11	)		(0.43	)	(0.12)
Net Asset Value, End of Period	$	4.86		$	5.24		$	4.18		$     9.35
Total Return		3.61	%(C)		29.25	%		(52.85	)%(C)	(5.38)%(C)
Net Assets, End of Period (thousands)	$	822,881		$	742,329		$	394,480		$336,840
Ratio of Expenses to Average Net Assets		0.40	%(B)		0.43	%		0.44	%(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)		0.40	%(B)		0.43	%		0.44	%(B)	0.48%(B)(	E)
Ratio of Net Investment Income (Loss) to Average Net Assets		5.01	%(B)		6.40	%		5.20	%(B)	3.50%(B)(	E)
Portfolio Turnover Rate		3	%(C)		5	%		1	%(C)	2%(C)

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)

	DFA Global Real Estate Securities Portfolio									DFA International Small Cap Value Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period June 4, 2008(a) to Oct. 31, 2008			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)									(Unaudited)
Net Asset Value, Beginning of Period	$	6.75		$	6.04		$	10.00		$	14.92		$	10.82		$	22.05		$	21.71		$	17.57		$	15.16		$	11.52
Income From Investment Operations
Net Investment Income (Loss)		0.37	(A)		0.19	(A)		—	(A)		0.11	(A)		0.26	(A)		0.52	(A)		0.46	(A)		0.36	(A)		0.40	(A)		0.23
Net Gains (Losses) on Securities (Realized and Unrealized)		0.87			0.62			(3.96	)		1.10			4.14			(9.60	)		1.66			4.95			2.77			3.85
Total From Investment Operations		1.24			0.81			(3.96	)		1.21			4.40			(9.08	)		2.12			5.31			3.17			4.08
Less Distributions
Net Investment Income		(0.47	)		(0.10	)		—			(0.08	)		(0.24	)		(0.58	)		(0.53	)		(0.38	)		(0.36	)		(0.35	)
Net Realized Gains		—			—			—			—			(0.06	)		(1.57	)		(1.25	)		(0.79	)		(0.40	)		(0.09	)
Total Distributions		(0.47	)		(0.10	)		—			(0.08	)		(0.30	)		(2.15	)		(1.78	)		(1.17	)		(0.76	)		(0.44	)
Net Asset Value, End of Period	$	7.52		$	6.75		$	6.04		$	16.05		$	14.92		$	10.82		$	22.05		$	21.71		$	17.57		$	15.16
Total Return		19.32	%(C)		13.81	%		(39.60	)%(C)		8.12	%(C)		41.42	%		(45.17	)%(C)		10.25	%		31.73	%		21.75	%		36.34	%
Net Assets, End of Period (thousands)	$	610,018		$	432,502		$	90,672		$	7,565,870		$	6,859,957		$	4,799,748		$	8,180,859		$	6,733,067		$	4,128,428		$	2,215,523
Ratio of Expenses to Average Net Assets		0.40	%(B)(D)		0.47	%(D)		0.54	%(B)(D)(E)		0.69	%(B)		0.71	%		0.69	%(B)		0.69	%		0.70	%		0.75	%		0.78	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.73	%(B)(D)		0.79	%(D)		0.86	%(B)(D)(E)		0.69	%(B)		0.71	%		0.69	%(B)		0.69	%		0.70	%		0.75	%		0.78	%
Ratio of Net Investment Income to Average Net Assets		10.65	%(B)(D)		3.40	%		(0.04	)%(B)(E)		1.45	%(B)		2.19	%		3.22	%(B)		2.03	%		1.85	%		2.44	%		1.63	%
Portfolio Turnover Rate		N/A			N/A			N/A			7	%(C)		22	%		16	%(C)		18	%		14	%		13	%		10	%

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)

	International Vector Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period August 14, 2008(a) to Oct. 31, 2008
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.22		$	6.74		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.08	(A)		0.17	(A)		0.06	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		0.62			2.46			(3.32	)
Total From Investment Operations		0.70			2.63			(3.26	)
Less Distributions
Net Investment Income		(0.04	)		(0.15	)		—
Net Realized Gains		—			—			—
Total Distributions		(0.04	)		(0.15	)		—
Net Asset Value, End of Period	$	9.88		$	9.22		$	6.74
Total Return		7.62	%(C)		39.52	%		(32.60	)%(C)
Net Assets, End of Period (thousands)	$	327,001		$	262,544		$	66,774
Ratio of Expenses to Average Net Assets		0.54	%(B)		0.60	%		0.60	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.52	%(B)		0.59	%		1.15	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.74	%(B)		2.31	%		3.01	%(B)(E)
Portfolio Turnover Rate		1	%(C)		8	%		0	%(C)

	Emerging Markets Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	25.23		$	17.05		$	35.23		$	25.40		$	19.89		$	15.61		$	11.87
Income From Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.42	(A)		0.70	(A)		0.64	(A)		0.48	(A)		0.58	(A)		0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		3.43			8.42			(16.85	)		9.88			5.61			4.13			3.80
Total From Investment Operations		3.60			8.84			(16.15	)		10.52			6.09			4.71			4.07
Less Distributions
Net Investment Income		(0.11	)		(0.41	)		(0.69	)		(0.53	)		(0.58	)		(0.43	)		(0.33	)
Net Realized Gains		(0.42	)		(0.25	)		(1.34	)		(0.16	)		—			—			—
Total Distributions		(0.53	)		(0.66	)		(2.03	)		(0.69	)		(0.58	)		(0.43	)		(0.33	)
Net Asset Value, End of Period	$	28.30		$	25.23		$	17.05		$	35.23		$	25.40		$	19.89		$	15.61
Total Return		14.37	%(C)		53.39	%		(48.37	)%(C)		42.08	%		31.31	%		30.65	%		34.95	%
Net Assets, End of Period (thousands)	$	2,130,411		$	1,966,288		$	1,508,260		$	3,388,442		$	2,344,990		$	1,805,186		$	1,131,778
Ratio of Expenses to Average Net Assets		0.59	%(B)(D)		0.62	%(D)		0.60	%(B)(D)		0.60	%(D)		0.61	%(D)		0.69	%(D)		0.74	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.59	%(B)(D)		0.62	%(D)		0.60	%(B)(D)		0.60	%(D)		0.61	%(D)		0.69	%(D)		0.74	%(D)
Ratio of Net Investment Income to Average Net Assets		1.25	%(B)		2.15	%		2.59	%(B)		2.12	%		2.13	%		3.28	%		2.20	%
Portfolio Turnover Rate		N/A			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.

103

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Small Cap Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	17.45		$	9.33		$	23.74		$	17.96		$	13.37		$	11.44		$	8.74
Income From Investment Operations
Net Investment Income (Loss)		0.11	(A)		0.26	(A)		0.44	(A)		0.31	(A)		0.30	(A)		0.27	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		3.32			8.14			(12.95	)		6.86			4.86			2.37			2.85
Total From Investment Operations		3.43			8.40			(12.51	)		7.17			5.16			2.64			2.96
Less Distributions
Net Investment Income		(0.08	)		(0.28	)		(0.41	)		(0.26	)		(0.26	)		(0.22	)		(0.19	)
Net Realized Gains		—			—			(1.49	)		(1.13	)		(0.31	)		(0.49	)		(0.07	)
Total Distributions		(0.08	)		(0.28	)		(1.90	)		(1.39	)		(0.57	)		(0.71	)		(0.26	)
Net Asset Value, End of Period	$	20.80		$	17.45		$	9.33		$	23.74		$	17.96		$	13.37		$	11.44
Total Return		19.69	%(C)		91.35	%		(57.00	)%(C)		42.58	%		39.95	%		24.27	%		34.55	%
Net Assets, End of Period (thousands)	$	1,402,752		$	1,133,958		$	547,329		$	1,458,152		$	838,948		$	482,378		$	190,028
Ratio of Expenses to Average Net Assets		0.76	%(B)(D)		0.80	%(D)		0.77	%(B)(D)		0.78	%(D)		0.81	%(D)		0.97	%(D)		1.04	%(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)		0.80	%(D)		0.77	%(B)(D)		0.78	%(D)		0.81	%(D)		0.97	%(D)		1.04	%(D)
Ratio of Net Investment Income to Average Net Assets		1.15	%(B)		2.05	%		2.61	%(B)		1.48	%		1.92	%		2.21	%		1.41	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A			N/A

	Emerging Markets Core Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period April 5, 2005(a) to Nov. 30, 2005
	(Unaudited)
Net Asset Value, Beginning of Period	$	16.49		$	9.88		$	21.20		$	15.13		$	11.54		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.10	(A)		0.25	(A)		0.43	(A)		0.35	(A)		0.27	(A)		0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		2.58			6.56			(11.27	)		6.10			3.54			1.51
Total From Investment Operations		2.68			6.81			(10.84	)		6.45			3.81			1.61
Less Distributions
Net Investment Income		(0.08	)		(0.20	)		(0.40	)		(0.32	)		(0.22	)		(0.07	)
Net Realized Gains		—			—			(0.08	)		(0.06	)		—			—
Total Distributions		(0.08	)		(0.20	)		(0.48	)		(0.38	)		(0.22	)		(0.07	)
Net Asset Value, End of Period	$	19.09		$	16.49		$	9.88		$	21.20		$	15.13		$	11.54
Total Return		16.28	%(C)		69.47	%		(51.93	)%(C)		43.20	%		33.39	%		16.12	%(C)
Net Assets, End of Period (thousands)	$	3,286,284		$	2,455,035		$	1,155,526		$	1,829,466		$	822,136		$	218,563
Ratio of Expenses to Average Net Assets		0.64	%(B)		0.67	%		0.65	%(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)		0.67	%		0.65	%(B)		0.65	%		0.72	%		1.09	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.11	%(B)		2.03	%		2.62	%(B)		1.87	%		2.02	%		1.79	%(B)(E)
Portfolio Turnover Rate		2	%(C)		6	%		3	%(C)		2	%		6	%		2	%(C)

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

See accompanying Notes to Financial Statements.

104

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-seven operational portfolios, of which twenty-four (the “Portfolios”) are included in this report and the remaining thirty-three are presented in separate reports.

Of the Portfolios, eight invest in one or more series of The DFA Investment Trust Company, and the DFA Global Real Estate Securities Portfolio invests in two portfolios of the DFA Investment Dimensions Group Inc.

Feeder Funds	Master Funds	Percentage Ownership at 04/30/10
U.S. Large Cap Value Portfolio	The U.S. Large Cap Value Series	78%
Japanese Small Company Portfolio	The Japanese Small Company Series	10%
Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series	14%
United Kingdom Small Company Portfolio	The United Kingdom Small Company Series	3%
Continental Small Company Portfolio	The Continental Small Company Series	6%
Emerging Markets Portfolio	The Emerging Markets Series	93%
Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series	97%
Fund of Funds
International Small Company Portfolio	The Japanese Small Company Series	90%
	The Asia Pacific Small Company Series	86%
	The United Kingdom Small Company Series	97%
	The Continental Small Company Series	94%
	The Canadian Small Company Series	100%
DFA Global Real Estate Securities Portfolio	DFA Real Estate Securities Portfolio	13%
	DFA International Real Estate Securities Portfolio	32%

Each feeder fund and fund of funds (collectively, “Feeder Funds) invests primarily in a corresponding master fund(s) (”Master Fund“) as indicated. International Small Company Portfolio and DFA Global Real Estate Securities Portfolio also invest in short-term temporary cash 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.

Prior to March 30, 2007, U.S. Targeted Value Portfolio invested substantially all of its assets in shares of The U.S. Targeted Value Series. At the close of business on March 29, 2007, U.S. Targeted Value Portfolio received its pro-rata share of cash and securities from The U.S. Targeted Value Series in a complete liquidation of its interest in the Series. Effective March 30, 2007, U.S. Targeted Value Portfolio invests directly in securities rather than through the Series and maintains the same investment objective.

Effective February 28, 2009, Enhanced U.S. Large Company Portfolio, U.S. Small Cap Value Portfolio, U.S. Small Cap Portfolio and U.S. Micro Cap Portfolio invest directly in securities rather than through a Master Fund. See Federal Income Taxes note for more information regarding these transactions.

105

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation §301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

On January 31, 2008, Class R1 Shares and on June 30, 2008, Class R2 Shares of U.S. Targeted Value Portfolio commenced operations. The Class R1 Shares and Class R2 Shares of each Portfolio of the Fund (except U.S. Small Cap Value Portfolio, U.S. Micro Cap Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio and Emerging Markets Small Cap Portfolio), contained in this report, had not commenced operations as of April 30, 2010. Class R1 and Class R2 Shares of each Portfolio have 100,000,000 authorized shares.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

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:    Securities held by Enhanced U.S. Large Company Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, U.S. Small Cap Portfolio, U.S. Micro Cap Portfolio and DFA Real Estate Securities Portfolio (the “Domestic Equity Portfolios”) and Large Cap International Portfolio, International Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity 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 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 respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (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 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

106

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. 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). 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 Enhanced U.S. Large Company Portfolio, (the “Fixed Income 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.

Master Fund shares held by International Small Company Portfolio and DFA Global Real Estate Securities Portfolio are valued at their respective daily net asset value. The Feeder Funds’ investments reflect proportionate interest in the net assets of their corresponding Master Fund.

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Portfolios’ own assumptions in determining the fair value of investments)

A summary of inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings/Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation:    Securities and other assets and liabilities of Enhanced U.S. Large Company Portfolio and the International Equity Portfolios 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. Enhanced U.S. Large Company Portfolio also enters 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 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, Enhanced U.S.

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Large Company Portfolio does 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.

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 and Enhanced U.S. Large Company 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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses or Other Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 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 lives 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.

Class R1 Shares, Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of the Portfolio. Income, gains and losses, and common expenses of the Portfolio are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

U.S. Large Cap Value 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.

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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.

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. 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 15% 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 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 April 30, 2010, 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:

Enhanced U.S. Large Company Portfolio*	0.05	%
U.S. Targeted Value Portfolio*	0.10	%
U.S. Small Cap Value Portfolio*	0.20	%
U.S. Core Equity 1 Portfolio	0.17	%
U.S. Core Equity 2 Portfolio	0.20	%
U.S. Vector Equity Portfolio	0.30	%
U.S. Small Cap Portfolio*	0.03	%
U.S. Micro Cap Portfolio*	0.10	%
DFA Real Estate Securities Portfolio	0.30	%
Large Cap International Portfolio	0.25	%
International Core Equity Portfolio	0.35	%
DFA International Real Estate Securities Portfolio	0.35	%
DFA Global Real Estate Securities Portfolio	0.35	%
DFA International Small Cap Value Portfolio	0.65	%
International Vector Equity Portfolio	0.45	%
Emerging Markets Core Equity Portfolio	0.55	%

For the six months ended April 30, 2010, the Feeder Funds’ and Enhanced U.S. Large Company Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Small Cap Portfolio and U.S. Micro Cap 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:

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	%

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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	%

*  Effective March 30, 2007, U.S. Targeted Value Portfolio and on February 28, 2009, Enhanced U.S. Large Company Portfolio, U.S. Small Cap Value Portfolio, U.S. Small Cap Portfolio and U.S. Micro Cap Portfolio no longer invest substantially all of their assets in their respective Series. Instead, the Portfolios’ assets are managed directly in accordance with the Portfolios’ investment objective and strategies, pursuant to an investment management agreement between the Fund, on behalf of the Portfolios, and Dimensional, which previously was the manager of the Series’ assets. The investment advisory fee paid by the Portfolios are identical to the advisory fee that was charged to the Series.

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 March 1, 2011, and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. For the six months ended April 30, 2010, 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. 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%	—	—
International Core Equity Portfolio (2)	0.49%	—	—
International Small Company Portfolio (3)	0.45%	—	—
Japanese Small Company Portfolio (3)	0.47%	—	—
Asia Pacific Small Company Portfolio (3)	0.47%	12	13
United Kingdom Small Company Portfolio (3)	0.47%	—	55
Continental Small Company Portfolio (3)	0.47%	—	—
DFA International Real Estate Securities Portfolio (2)	0.65%	—	—
DFA Global Real Estate Securities Portfolio (4)	0.55%	—	1,623
International Vector Equity Portfolio (2)	0.60%	28	—
Emerging Markets Core Equity Portfolio (2)	0.85%	—	—
Class R1 Shares
U.S. Targeted Value Portfolio (5)	0.62%	—	—
Class R2 Shares

110

Institutional Class Shares	Expense Limits	Recovery of Previously Waived Fees/ Expenses Assumed	Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Targeted Value Portfolio (6)	0.77%	—	—

(1) The Advisor has contractually agreed to waive its administration fee and advisory fee and to assume the Portfolio’s direct and indirect expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) (”Portfolios 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 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.

(2) The Advisor has contractually agreed to waive all or a portion of its advisory fee and assume each Portfolio’s ordinary operating expenses (excluding the expenses a 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 its administration fee and to assume each 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 each 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 a 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 annualized basis, as listed above.

(4) The Advisor has 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 investment companies 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 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. The Advisor has voluntarily agreed to waive all or a portion of its advisory fee to the extent necessary to limit the total advisory fees paid by the Portfolio to the Advisor directly and indirectly (the proportionate share of the advisory fees paid by the Portfolio through its investment in other funds managed by the Advisor) to 0.35% of the Portfolio’s average net assets on an annualized basis.

(5) 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

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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.

(6) 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 R2 Shares to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the Class R2 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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $108 (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 April 30, 2010, 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):

Enhanced U.S. Large Company Portfolio	$	4
U.S. Large Cap Value Portfolio		162
U.S. Targeted Value Portfolio		43
U.S. Small Cap Value Portfolio		155
U.S. Core Equity 1 Portfolio		56
U.S. Core Equity 2 Portfolio		106
U.S. Vector Equity Portfolio		33
U.S. Small Cap Portfolio		70
U.S. Micro Cap Portfolio		77
DFA Real Estate Securities Portfolio		57
Large Cap International Portfolio		36
International Core Equity Portfolio		101
International Small Company Portfolio		113
Japanese Small Company Portfolio		3
Asia Pacific Small Company Portfolio		3
United Kingdom Small Company Portfolio		1
Continental Small Company Portfolio		3
DFA International Real Estate Securities Portfolio		20
DFA Global Real Estate Securities Portfolio		12
DFA International Small Cap Value Portfolio		179
International Vector Equity Portfolio		7
Emerging Markets Portfolio		54
Emerging Markets Small Cap Portfolio		31
Emerging Markets Core Equity Portfolio		71

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E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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
Enhanced U.S. Large Company Portfolio	$	2,038	$	1,013	$	66,144	$	68,755
U.S. Targeted Value Portfolio		—		—		495,759		105,703
U.S. Small Cap Value Portfolio		—		—		620,834		818,857
U.S. Core Equity 1 Portfolio		—		—		235,331		40,483
U.S. Core Equity 2 Portfolio		—		—		266,033		131,146
U.S. Vector Equity Portfolio		—		—		120,535		64,970
U.S. Small Cap Portfolio		—		—		299,272		250,742
U.S. Micro Cap Portfolio		—		—		133,980		237,120
DFA Real Estate Securities Portfolio		—		—		33,215		50,411
Large Cap International Portfolio		—		—		107,315		43,250
International Core Equity Portfolio		—		—		434,155		32,184
DFA International Real Estate Securities Portfolio		—		—		84,784		26,680
DFA International Small Cap Value Portfolio		—		—		652,128		489,218
International Vector Equity Portfolio		—		—		37,387		2,026
Emerging Markets Core Equity Portfolio		—		—		474,270		67,872

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 October 31, 2009, 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 deduction 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)
Enhanced U.S. Large Company Portfolio	$	(58,767)	$	1,300	$	57,467
U.S. Large Cap Value Portfolio		(61)		(908)		969
U.S. Targeted Value Portfolio		(43)		(11)		54
U.S. Small Cap Value Portfolio		(200,882)		24,540		176,342
U.S. Core Equity 1 Portfolio		—		(15)		15
U.S. Core Equity 2 Portfolio		(178)		128		50

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	Increase (Decrease) Paid-In Capital		Increase (Decrease) Undistributed Net Investment Income		Increase (Decrease) Accumulated Net Realized Gains (Losses)
U.S. Vector Equity Portfolio		—	$	(21)	$	21
U.S. Small Cap Portfolio	$	(47,334)		11,620		35,714
U.S. Micro Cap Portfolio		(147,324)		14,338		132,986
DFA Real Estate Securities Portfolio		(199)		188		11
Large Cap International Portfolio		—		1,258		(1,258)
International Core Equity Portfolio		—		2,161		(2,161)
International Small Company Portfolio		(8,890)		2,627		6,263
Japanese Small Company Portfolio		(3,671)		248		3,423
Asia Pacific Small Company Portfolio		(271)		33		238
United Kingdom Small Company Portfolio		(88)		9		79
Continental Small Company Portfolio		(272)		(50)		322
DFA International Real Estate Securities Portfolio		1,139		(885)		(254)
DFA Global Real Estate Securities Portfolio		227		(246)		19
DFA International Small Cap Value Portfolio		2,536 ��		(1,818)		(718)
International Vector Equity Portfolio		13		(27)		14
Emerging Markets Portfolio		24,336		(3,340)		(20,996)
Emerging Markets Small Cap Portfolio		—		(181)		181
Emerging Markets Core Equity Portfolio		—		(303)		303

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and  Short-Term Capital Gains		Long-Term Capital Gains		Total
Enhanced U.S. Large Company Portfolio
2007	$	23,020	$	1,991	$	25,011
2008		15,756		17,593		33,349
2009		19,564		—		19,564
U.S. Large Cap Value Portfolio
2007		105,066		146,660		251,726
2008		118,438		315,456		433,894
2009		130,238		—		130,238
U.S. Targeted Value Portfolio
2007		9,597		12,911		22,508
2008		9,084		14,001		23,085
2009		14,179		—		14,179
U.S. Small Cap Value Portfolio
2007		168,338		643,084		811,422
2008		73,038		747,955		820,993
2009		69,882		—		69,882

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	Net Investment Income and  Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Core Equity 1 Portfolio
2007	$	15,517	$	1,000	$	23,085
2008		22,927		—		22,927
2009		31,598		—		31,598
U.S. Core Equity 2 Portfolio
2007		36,180		1,451		37,631
2008		48,004		—		48,004
2009		55,009		—		55,009
U.S. Vector Equity Portfolio
2007		13,979		—		13,979
2008		14,964		—		14,964
2009		16,454		—		16,454
U.S. Small Cap Portfolio
2007		70,394		144,164		214,558
2008		35,218		173,651		208,869
2009		26,412		—		26,412
U.S. Micro Cap Portfolio
2007		109,408		344,357		453,765
2008		82,937		350,692		433,629
2009		57,816		—		57,816
DFA Real Estate Securities Portfolio
2007		65,631		77,963		143,594
2008		34,694		200,903		235,597
2009		95,934		—		95,934
Large Cap International Portfolio
2007		52,781		909		53,690
2008		54,328		28,913		83,241
2009		32,286		—		32,286
International Core Equity Portfolio
2007		40,770		205		40,975
2008		85,639		17,053		102,692
2009		77,469		—		77,469
International Small Company Portfolio
2007		147,606		139,397		287,003
2008		167,345		279,890		447,235
2009		81,118		—		81,118

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		Net Investment Income and Short-Term Capital  Gains	Long-Term Capital Gains	Total
Japanese Small Company Portfolio
2007		$2,759	—	$2,759
2008		3,574	—	3,574
2009		2,426	—	2,426
Asia Pacific Small Company Portfolio
2007		3,089	—	3,089
2008		4,433	—	4,433
2009		2,724	—	2,724
	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Return of Capital	Total
United Kingdom Small Company Portfolio
2007	$    1,360	$    1,153	—	$    2,513
2008	1,227	1,311	$19	2,557
2009	658	—	—	658
Continental Small Company Portfolio
2007	3,386	2,271	—	5,657
2008	4,326	6,764	97	11,187
2009	2,087	—	—	2,087
DFA International Real Estate Securities Portfolio
2007	2,768	—	—	2,768
2008	19,791	—	—	19,791
2009	11,227	—	—	11,227
DFA Global Real Estate Securities Portfolio
2008	—	—	—	—
2009	2,370	—	—	2,370
DFA International Small Cap Value Portfolio
2007	218,066	401,394	—	619,460
2008	318,023	534,468	—	852,491
2009	108,717	25,188	—	133,905
International Vector Equity Portfolio
2008	—	—	—	—
2009	3,671	—	—	3,671
Emerging Markets Portfolio
2007	54,872	23,352	—	78,224
2008	70,205	128,306	—	198,511
2009	36,673	23,932	—	60,605

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	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Return of Capital	Total
Emerging Markets Small Cap Portfolio
2007	$21,595	$53,499	—	$75,094
2008	32,090	83,686	—	115,776
2009	16,832	—	—	16,832
Emerging Markets Core Equity Portfolio
2007	26,413	1,966	—	28,379
2008	42,769	5,265	$204	48,238
2009	29,028	—	—	29,028

At October 31, 2009, 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
DFA International Real Estate Securities Portfolio	$1,139	—	$1,139
DFA Global Real Estate Securities Portfolio	319	—	319
DFA International Small Cap Value Portfolio	2,537	—	2,537
International Vector Equity Portfolio	29	—	29
Emerging Markets Portfolio	3,546	$2,984	6,530

At October 31, 2009, 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)
Enhanced U.S. Large Company Portfolio	$	328	—	$	(107,961	)	$	(107,633	)
U.S. Large Cap Value Portfolio		13,684	—		(2,441,394	)		(2,427,710	)
U.S. Targeted Value Portfolio		1,248	—		(82,714	)		(81,466	)
U.S. Small Cap Value Portfolio		2,747	—		(574,282	)		(571,535	)
U.S. Core Equity 1 Portfolio		419	—		(82,131	)		(81,712	)
U.S. Core Equity 2 Portfolio		777	—		(94,753	)		(93,976	)
U.S. Vector Equity Portfolio		1,903	—		(94,679	)		(92,776	)
U.S. Small Cap Portfolio		3,710	—		(380,659	)		(376,949	)
U.S. Micro Cap Portfolio		2,984	—		(515,046	)		(512,062	)
DFA Real Estate Securities Portfolio		8,242	—		(138,089	)		(129,847	)
Large Cap International Portfolio		7,702	—		(154,396	)		(146,694	)
International Core Equity Portfolio		3,803	—		(98,253	)		(94,450	)
International Small Company Portfolio		22,490	—		(227,832	)		(205,342	)
Japanese Small Company Portfolio		787	—		(78,684	)		(77,897	)
Asia Pacific Small Company Portfolio		932	—		(38,642	)		(37,710	)

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	Undistributed Net Investment Income and Short-Term Capital Gains	Undistributed Long-Term Capital Gains		Capital Loss Carryforward		Total Net Distributable Earnings (Accumulated Losses)
United Kingdom Small Company Portfolio	192		—	(3,008	)	(2,816	)
Continental Small Company Portfolio	402		—	(24,183	)	(23,781	)
DFA International Real Estate Securities Portfolio	71,386		—	(48,084	)	23,302
DFA Global Real Estate Securities Portfolio	4,924		—	—		4,924
DFA International Small Cap Value Portfolio	32,551		—	(32,601	)	(50	)
International Vector Equity Portfolio	720		—	(3,383	)	(2,663	)
Emerging Markets Portfolio	5,734	$	29,774	—		35,508
Emerging Markets Small Cap Portfolio	2,699		—	(37,102	)	(34,403	)
Emerging Markets Core Equity Portfolio	6,737		—	(89,395	)	(82,658	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	2010		2011		2012		2013		2014		2015		2016		2017		Total
Enhanced U.S. Large Company Portfolio		—		—		—		—		—		—	$	107,961		—	$	107,961
U.S. Large Cap Value Portfolio		—		—		—		—		—		—		—	$	2,441,394		2,441,394
U.S. Targeted Value Portfolio		—		—		—		—		—		—		998		81,716		82,714
U.S. Small Cap Value Portfolio		—		—		—		—		—		—		371,018		203,264		574,282
U.S. Core Equity 1 Portfolio		—		—		—		—		—	$	3,266		18,644		60,221		82,131
U.S. Core Equity 2 Portfolio		—		—		—		—		—		15,562		42,181		37,010		94,753
U.S. Vector Equity Portfolio		—		—		—		—		—		1,759		12,704		80,216		94,679
U.S. Small Cap Portfolio		—		—		—		—		—		—		380,119		540		380,659
U.S. Micro Cap Portfolio		—		—		—		—		—		—		453,532		61,514		515,046
DFA Real Estate Securities Portfolio		—		—		—		—		—		—		81,911		56,178		138,089
Large Cap International Portfolio		—		—		—		—		—		—		19,004		135,392		154,396
International Core Equity Portfolio		—		—		—		—		—		—		10,739		87,514		98,253
International Small Company Portfolio		—		—		—		—		—		—		133,454		94,378		227,832
Japanese Small Company Portfolio	$	4,453	$	19,912	$	3,801	$	3,055	$	2,451		8,003		23,057		13,952		78,684
Asia Pacific Small Company Portfolio		—		5,837		1,150		907		864		—		21,680		8,204		38,642
United Kingdom Small Company Portfolio		—		—		—		—		—		—		1,020		1,988		3,008
Continental Small Company Portfolio		—		—		—		—		—		—		16,959		7,224		24,183
DFA International Real Estate Securities
Portfolio		—		—		—		—		—		46		13,446		34,592		48,084
DFA International Small Cap Value Portfolio		—		—		—		—		—		—		—		32,601		32,601
International Vector Equity Portfolio		—		—		—		—		—		—		27		3,356		3,383
Emerging Markets Small Cap Portfolio		—		—		—		—		—		—		21,881		15,221		37,102
Emerging Markets Core Equity Portfolio		—		—		—		—		—		—		62,950		26,445		89,395

During the year ended October 31, 2009, Enhanced U.S. Large Company Portfolio utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes in the amount of $8,177 (in thousands).

For the year ended October 31, 2009, Japanese Small Company Portfolio had capital loss carryforward expirations of $3,508 (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 October 31, 2009, the following Portfolios had cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the year ended October

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31, 2009, realized gains on the sale of passive foreign investment companies have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes. Amounts listed below are in thousands.

	Mark to Market		Realized Gains
Large Cap International Portfolio	$	1,808		—
International Core Equity Portfolio		638	$	838
International Small Company Portfolio		8,444		574
Japanese Small Company Portfolio		117		—
Asia Pacific Small Company Portfolio		684		—
United Kingdom Small Company Portfolio		20		9
Continental Small Company Portfolio		403		—
DFA International Real Estate Securities Portfolio		47,294		56
DFA International Small Cap Value Portfolio		20,585		2,797
Emerging Markets Small Cap Portfolio		354		—
Emerging Markets Core Equity Portfolio		4		—

At April 30, 2010, 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)
Enhanced U.S. Large Company Portfolio	$	164,256	$	600	$	(132	)	$	468
U.S. Large Cap Value Portfolio		5,185,775		1,920,520		(35,340	)		1,885,180
U.S. Targeted Value Portfolio		2,411,694		516,047		(114,703	)		401,344
U.S. Small Cap Value Portfolio		7,696,379		1,932,275		(1,024,625	)		907,650
U.S. Core Equity 1 Portfolio		2,892,080		373,791		(192,397	)		181,394
U.S. Core Equity 2 Portfolio		5,345,154		686,201		(505,104	)		181,097
U.S. Vector Equity Portfolio		1,781,908		260,113		(178,805	)		81,308
U.S. Small Cap Portfolio		3,445,726		956,701		(351,856	)		604,845
U.S. Micro Cap Portfolio		3,565,880		1,129,687		(614,968	)		514,719
DFA Real Estate Securities Portfolio		3,424,060		529,566		(290,692	)		238,874
Large Cap International Portfolio		1,656,833		313,326		(192,010	)		121,316
International Core Equity Portfolio		5,422,169		498,991		(647,269	)		(148,278	)
International Small Company Portfolio		4,521,222		975,507		(646,387	)		329,120
Japanese Small Company Portfolio		192,506		61,662		(131,967	)		(70,305	)
Asia Pacific Small Company Portfolio		99,548		70,207		(52,116	)		18,091
United Kingdom Small Company Portfolio		29,397		23,680		(23,041	)		639
Continental Small Company Portfolio		110,981		70,062		(66,321	)		3,741
DFA International Real Estate Securities Portfolio		1,136,916		25,920		(217,089	)		(191,169	)
DFA Global Real Estate Securities Portfolio		522,613		100,002		(11,724	)		88,278
DFA International Small Cap Value Portfolio		8,665,527		1,334,535		(1,538,772	)		(204,237	)
International Vector Equity Portfolio		304,801		81,786		(9,966	)		71,820
Emerging Markets Portfolio		1,018,654		1,190,747		(78,150	)		1,112,597
Emerging Markets Small Cap Portfolio		992,081		472,429		(61,193	)		411,236
Emerging Markets Core Equity Portfolio		2,747,011		972,476		(139,216	)		833,260

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Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed each Portfolio’s tax postions and has concluded that no provision for income tax is required in any Portfolios’ financial statements. No Portfolio is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Portfolios’ federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

On October 22, 2008, The U.S. Micro Cap Series and The U.S. Small Cap Value Series and on October 25, 2008 The U.S. Small Cap Series, each a master fund in a RIC/RIC master-feeder structure, each with a RIC feeder (“the Portfolios”), having 100% investment in their respective master fund, have each made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change their federal entity classifications from a corporation taxable as a regulated investment company to a disregarded entity. As a result of this election for tax purposes, each master fund is deemed to have liquidated and distributed all of its assets and liabilities to its owners, the respective portfolios (the RIC feeders), with the respective portfolios deemed the surviving entities. The final tax year end of the Master Funds was October 21, 2008 for The U.S. Micro Cap Series and The U.S. Small Cap Value Series and October 24, 2008 for The U.S. Small Cap Series. For Federal income tax purposes, pursuant to Code §337(a), each of the master funds recognizes no gain or loss and, pursuant to Code §332(a), each of the Portfolios recognizes no gain or loss on the deemed liquidation. However, pursuant to IRC §332 (c), each of the aforementioned Portfolios has recognized the master fund’s deemed dividend, which was distributed as part of the deemed liquidating distribution, as taxable income. Pursuant to IRC Code §334(b)(1) and §1223, each of the Portfolios will maintain each respective master fund’s holding period and tax basis in the assets deemed transferred to the respective Portfolio.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-In           Capital	Unrealized Appreciation (Depreciation) Investment Securities	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(3,038,312,278)	$2,303,664,484	$(698,899)	$735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

Each Portfolio impacted by the ”Check the Box“ election also has a permanent book/tax difference resulting from the transaction. Listed below is the permanent difference impacting each respective Portfolio. For financial statement purposes, this adjustment did not result in any changes to each respective fund’s net assets or net asset value per share.

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	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
DFA U.S. Large Cap Value Portfolio	$(606,345)	$606,345
DFA U.S. Large Cap Value Portfolio II	(10,872)	10,872
DFA U.S. Large Cap Value Portfolio III	(139,353)	139,353
LWAS/DFA U.S. High Book To Market Portfolio	(7,793)	7,793

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

On November 1, 2008, The Enhanced U.S. Large Company Series, a master fund in a RIC/RIC master-feeder structure and Enhanced U.S. Large Company Portfolio (“the Portfolio”), having 100% investment in its respective master fund, made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change the Series’ federal entity classification from a corporation taxable as a regulated investment company to a disregarded entity. As a result of this election for tax purposes, the master fund is deemed to have liquidated and distributed all of its assets and liabilities to its owner, the Portfolio, with the Portfolio deemed the surviving entity. The final tax year end of the Master Fund was October 31, 2008. For Federal income tax purposes, pursuant to Code §337(a), the Master Fund did not recognize any gain or loss and, pursuant to Code §332(a), the Portfolio did not recognize any gain or loss on the deemed liquidation. However, pursuant to IRC §332(c), the Portfolio has recognized the Master Fund’s deemed dividend, which was distributed as part of the deemed liquidating distribution, as taxable income. Pursuant to IRC Code §334(b)(1) and §1223, the Portfolio will maintain its respective master fund’s holding period and tax basis in the assets deemed transferred to the respective Portfolio.

G. Capital Share Transactions:

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

	Six  Months Ended April 30, 2010					Year Ended Oct. 31, 2009
	Amount			Shares		Amount			Shares
U.S. Targeted Value Portfolio
Class R1 Shares
Shares Issued	$	2,654		281		$	7,979		1,266
Shares Issued in Lieu of Cash Distributions		158		18			423		64
Shares Redeemed		(2,806	)	(301	)		(5,207	)	(844	)
Net Increase (Decrease) — Class R1 Shares	$	6		(2	)	$	3,195		486
Class R2 Shares
Shares Issued	$	2,953		283		$	1,638		210
Shares Issued in Lieu of Cash Distributions		12		1			27		4
Shares Redeemed		(657	)	(71	)		(626	)	(85	)
Net Increase (Decrease) — Class R2 Shares	$	2,308		213		$	1,039		129
Institutional Class Shares
Shares Issued	$	579,025		40,831		$	840,965		86,986
Shares Issued in Lieu of Cash Distributions		5,325		421			13,191		1,374
Shares Redeemed		(179,601	)	(13,198	)		(419,657	)	(43,424	)
Net Increase (Decrease) — Institutional Class Shares	$	404,749		28,054		$	434,499		44,936

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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 and market risk. These instruments and their significant corresponding risks are described below:

1.    Repurchase Agreements:    The Portfolios may purchase certain U.S. Government securities 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 April 30, 2010.

2.    Foreign Market Risks:    Investments in foreign markets may involve certain considerations and risks not typically associated with investments in U.S. companies, 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 international securities held by the Portfolios may be inhibited.

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a Portfolio uses derivatives, how derivatives are accounted for and how derivative instruments affect a Portfolio’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Portfolios.

3.    Forward Currency Contracts:    Enhanced U.S. Large Company 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 (foreign exchange rate risk). The decision to hedge a Portfolio’s currency exposure with respect to a foreign market will be based primarily on the Portfolio’s existing exposure to a given foreign currency. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of translation of foreign currency denominated amounts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on foreign currency transactions. At April 30, 2010, Enhanced U.S. Large Company 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):

Enhanced U.S. Large Company Portfolio*

Settlement Date	Currency Amount	Currency Sold	Contract Amount	��	Value at April 30, 2010	Unrealized Foreign Exchange Gain (Loss)
05/11/10	15,842	Canadian Dollar	$15,814		$15,596	$218
05/11/10	12,230	Pound Sterling	18,781		18,711	70
05/11/10	10,161	Euro	13,499		13,530	(31)
			$48,094		$47,837	$257

* During the six months ended April 30, 2010, the Portfolio had limited activity in these transactions.

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.

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4. Futures Contracts: Certain Portfolios may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. Additionally, Enhanced U.S. Large Company Portfolio uses stock index futures to hedge against changes in equity securities’ prices in the normal course of pursuing its investment objectives. Upon entering into a futures contract, the Portfolio 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 Portfolio as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolio records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, 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.

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 Portfolio could lose more than the initial margin requirements. The Portfolios entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

At April 30, 2010, the following Portfolio had outstanding futures contracts (dollar amounts in thousands):

	Description		Expiration Date	Number of Contracts*	Contract Value	Unrealized Gain (Loss)
Enhanced U.S. Large Company Portfolio	S&P 500 Index	®	06/18/2010	533	$157,688,050	$7,261

Enhanced Securities have been segregated as collateral for open futures contracts.

*Outstanding contracts on futures at April 30, 2010 are indicative of the volume of activity during the six-month period.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statements of Operations and the realized and change in unrealized gain or loss over the reporting period. The following is a summary of the Portfolios’ derivative instrument holdings for the six months ended April 30, 2010.

The following is a summary of the location of derivatives on the Portfolios’ Statements of Assets and Liabilities as of April 30, 2010:

	Location on the Statements of Assets and Liabilities
Derivative Type	Asset Derivatives	Liability Derivatives
Foreign exchange contracts	Unrealized Gain on	Unrealized Loss on Forward
	Forward Currency Contracts	Currency Contracts
Equity contracts		Payables: Futures
		Margin Variation

The following is a summary of the Portfolios’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2010 (amounts in thousands):

		Asset Derivatives Value
	Total Value at April 30, 2010	Foreign Exchange Contracts	Equity Contracts
Enhanced U.S. Large Company Portfolio	$7,549	$288	$7,261*

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		Liability Derivatives Value
	Total  Value at April 30, 2010	Foreign Exchange Contracts	Equity Contracts
Enhanced U.S. Large Company Portfolio	$31	$31	—

* Includes cumulative appreciation (depreciation) of futures contracts. Only current day’s margin variation is reported within the Statement of Assets and Liabilities.

The following is a summary of the location on the Portfolios’ Statements of Operations of realized and change in unrealized gains and losses from the Portfolio’s derivative instrument holdings through the six months ended April 30, 2010 (amounts in thousands):

Derivative Type	Location of Gain (Loss) on Derivatives Recognized in Income
Foreign exchange contracts	Net Realized Gain (Loss) on: Foreign Currency Transactions
	Change in Unrealized Appreciation (Depreciation) of: Translation of
	Foreign Currency Denominated Amounts
Equity contracts	Net Realized Gain (Loss) on: Futures
	Change in Unrealized Appreciation (Depreciation) of: Futures

The following is a summary of the realized and change in unrealized gains and losses from the Portfolios’ derivative instrument holdings categorized by primary risk exposure through the six months ended April 30, 2010 (amounts in thousands):

	Realized Gain (Loss) on  Derivatives Recognized in Income
	Total		Foreign Exchange Contracts	Equity Contracts
Enhanced U.S. Large Company Portfolio	$18,773		$862	$17,911
U.S. Targeted Value Portfolio*	(256	)	—	(256	)
	Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income
	Total		Foreign Exchange Contracts	Equity Contracts
Enhanced U.S. Large Company Portfolio	$5,774		$218	$5,556

* As of April 30, 2010, there were no futures contracts outstanding. During the six months ended April 30, 2010, the Portfolios had limited activity in these transactions.

I. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

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For the six months ended April 30, 2010, 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	1.94%	$  3,487	2	—	$  4,041
U.S. Small Cap Value Portfolio	1.96%	6,455	30	$11	18,805
U.S. Vector Equity Portfolio	1.97%	1,170	4	—	2,221
U.S. Small Cap Portfolio	1.99%	10,715	10	6	20,785
U.S. Micro Cap Portfolio	1.95%	1,276	21	1	3,634
DFA Real Estate Securities Portfolio	1.97%	2,598	60	9	10,010
DFA Global Real Estate Securities Portfolio	1.94%	1,826	5	—	6,942

At April 30, 2010, U.S. Vector Equity Portfolio had a loan outstanding in the amount of $558 (in thousands).

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011.

For the six months ended April 30, 2010, 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
International Small Company Portfolio	0.88%	$8,794	7	$  2	$12,990
DFA International Real Estate Securities Portfolio	0.88%	11,324	14	4	22,677
DFA International Small Cap Value Portfolio	0.88%	12,643	17	5	31,973
International Vector Equity Portfolio	0.88%	126	1	—	126
Emerging Markets Core Equity Portfolio	0.91%	4,879	5	1	8,678

There were no outstanding borrowings by the Portfolios under this line of credit as of April 30, 2010.

J. Securities Lending:

As of April 30, 2010, some of the Portfolios had securities on loan to brokers/dealers, for which each Portfolio received 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 expected 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, daily market fluctuations could cause the Portfolios’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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.

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Subject to their stated investment policies, each Portfolio will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the ”Money Market Series“), an affiliated registered money market advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repuchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, 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% and 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 U.S. Targeted Value Portfolio Class R1 and Class R2 Shares.

L. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities 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.

M. In-Kind Redemptions:

In accordance with guidelines described in the Portfolios’ 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 year ended October 31, 2009, Emerging Markets Portfolio realized net gains of in-kind redemptions in the amount of $17,805 (amount in thousands).

N. Other:

At April 30, 2010, 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
Enhanced U.S. Large Company Portfolio — Institutional Class Shares	3	83%
U.S. Large Cap Value Portfolio — Institutional Class Shares	3	78%
U.S. Targeted Value Portfolio — Class R1 Shares	1	95%
U.S. Targeted Value Portfolio — Class R2 Shares	1	84%
U.S. Targeted Value Portfolio — Institutional Class Shares	2	55%

126

	Number of Shareholders	Approximate Percentage of Outstanding Shares
U.S. Small Cap Value Portfolio — Institutional Class Shares	2	51%
U.S. Core Equity 1 Portfolio — Institutional Class Shares	3	66%
U.S. Core Equity 2 Portfolio — Institutional Class Shares	3	67%
U.S. Vector Equity Portfolio — Institutional Class Shares	4	89%
U.S. Small Cap Portfolio — Institutional Class Shares	3	53%
U.S. Micro Cap Portfolio — Institutional Class Shares	2	55%
DFA Real Estate Securities Portfolio — Institutional Class Shares	3	73%
Large Cap International Portfolio — Institutional Class Shares	2	73%
International Core Equity Portfolio — Institutional Class Shares	3	69%
International Small Company Portfolio — Institutional Class Shares	2	51%
Japanese Small Company Portfolio — Institutional Class Shares	3	68%
Asia Pacific Small Company Portfolio — Institutional Class Shares	3	78%
United Kingdom Small Company Portfolio — Institutional Class Shares	2	89%
Continental Small Company Portfolio — Institutional Class Shares	3	72%
DFA International Real Estate Securities Portfolio — Institutional Class Shares	3	83%
DFA Global Real Estate Securities Portfolio — Institutional Class Shares	2	89%
DFA International Small Cap Value Portfolio — Institutional Class Shares	2	48%
International Vector Equity Portfolio — Institutional Class Shares	3	88%
Emerging Markets Portfolio — Institutional Class Shares	3	67%
Emerging Markets Small Cap Portfolio — Institutional Class Shares	1	32%
Emerging Markets Core Equity Portfolio — Institutional Class Shares	2	64%

O. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolios and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE 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 costs 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 April 30, 2010
EXPENSE TABLE
	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$1,000.00	$1,042.00	0.72%	$3.65
Institutional Class Shares	$1,000.00	$1,043.90	0.44%	$2.23
Hypothetical 5% Annual Return
Class R2 Shares	$1,000.00	$1,021.22	0.72%	$3.61
Institutional Class Shares	$1,000.00	$1,022.61	0.44%	$2.21

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

128

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE 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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 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 % 

129

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

DFA INTERNATIONAL VALUE PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	4,792,147,538
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,741,763,594)	$	4,792,147,538

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	4,792,147,538	—	—	$	4,792,147,538

See accompanying Notes to Financial Statements.

130

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

ASSETS:
Investments in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value	$	4,792,148
Receivables:
Fund Shares Sold		7,614
Prepaid Expenses and Other Assets		66
Total Assets		4,799,828
LIABILITIES:
Payables:
Affiliated Investment Company Purchased		5,682
Fund Shares Redeemed		1,933
Due to Advisor		824
Accrued Expenses and Other Liabilities		267
Total Liabilities		8,706
NET ASSETS	$	4,791,122
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $4,553 and shares outstanding of 680,336	$	6.69
NUMBER OF SHARES AUTHORIZED		100,000,000
Institutional Class Shares — based on net assets of $4,786,569 and shares outstanding of 280,320,512	$	17.08
NUMBER OF SHARES AUTHORIZED		1,500,000,000
Investment in Affiliated Investment Company at Cost	$	3,741,764
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,971,371
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		30,413
Accumulated Net Realized Gain (Loss)		(1,261,023	)
Net Unrealized Foreign Exchange Gain (Loss)		(23	)
Net Unrealized Appreciation (Depreciation)		1,050,384
NET ASSETS	$	4,791,122

See accompanying Notes to Financial Statements.

131

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $5,224)	$	52,914
Interest		14
Income from Securities Lending		2,276
Expenses Allocated from Affiliated Investment Company		(5,326	)
Total Investment Income		49,878
Expenses
Administrative Services Fees		4,679
Accounting & Transfer Agent Fees		41
Shareholder Servicing Fees — Class R2 Shares		5
Filing Fees		73
Shareholders’ Reports		76
Directors’/Trustees’ Fees & Expenses		27
Professional Fees		55
Other		22
Total Expenses		4,978
Net Investment Income (Loss)		44,900
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		88,461
Foreign Currency Transactions		(1,145	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		62,341
Translation of Foreign Currency Denominated Amounts		(195	)
Net Realized and Unrealized Gain (Loss)		149,462
Net Increase (Decrease) in Net Assets Resulting from Operations	$	194,362

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.

132

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended April  30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	44,900		$	106,511
Net Realized Gain (Loss) on:
Investment Securities Sold		88,461			45,432
Futures		—			(824	)
Foreign Currency Transactions		(1,145	)		2,711
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		62,341			988,043
Translation of Foreign Currency Denominated Amounts		(195	)		172
Net Increase (Decrease) in Net Assets Resulting from Operations		194,362			1,142,045
Distributions From:
Net Investment Income:
Class R2 Shares		(50	)		(208	)
Institutional Class Shares		(27,398	)		(105,492	)
Total Distributions		(27,448	)		(105,700	)
Capital Share Transactions:
Shares Issued		545,439			1,077,621
Shares Issued in Lieu of Cash Distributions		25,746			98,218
Shares Redeemed		(388,266	)		(1,124,340	)
Net Increase (Decrease) from Capital Share Transactions		182,919			51,499
Total Increase (Decrease) in Net Assets		349,833			1,087,844
Net Assets
Beginning of Period		4,441,289			3,353,445
End of Period	$	4,791,122		$	4,441,289
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	30,413		$	12,961

See accompanying Notes to Financial Statements.

133

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period April 30, 2008(a) to Oct. 31, 2008
	(Unaudited)
Net Asset Value, Beginning of Period	$  6.51		$  5.16		$  10.00
Income from Investment Operations
Net Investment Income (Loss)	0.06	(A)	0.16	(A)	0.25	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)	0.21		1.56		(4.46	)
Total from Investment Operations	0.27		1.72		(4.21	)
Less Distributions
Net Investment Income	(0.09	)	(0.37	)	(0.63	)
Net Realized Gains	—		—		—
Total Distributions	(0.09	)	(0.37	)	(0.63	)
Net Asset Value, End of Period	$  6.69		$  6.51		$    5.16
Total Return	4.20%	(C)	34.86%		(44.63	)%(C)
Net Assets, End of Period (thousands)	$4,553		$3,443		$3,372
Ratio of Expenses to Average Net Assets (D)	0.72%	(B)	0.74%		0.73%	(B)(E)
Ratio of Net Investment Income to Average Net Assets	1.70%	(B)	2.96%		7.47%	(B)(E)

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

See accompanying Notes to Financial Statements.

134

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	16.46		$	12.54		$	25.51		$	22.71		$	17.67		$	15.73		$	12.20
Income from Investment Operations
Net Investment Income (Loss)		0.16	(A)		0.40	(A)		0.74	(A)		0.72	(A)		0.66	(A)		0.48			0.26
Net Gains (Losses) on Securities (Realized and Unrealized)		0.56			3.92			(12.44	)		3.09			5.37			1.89			3.58
Total from Investment Operations		0.72			4.32			(11.70	)		3.81			6.03			2.37			3.84
Less Distributions
Net Investment Income		(0.10	)		(0.40	)		(0.78	)		(0.63	)		(0.65	)		(0.42	)		(0.31	)
Net Realized Gains		—			—			(0.49	)		(0.38	)		(0.34	)		(0.01	)		—
Total Distributions		(0.10	)		(0.40	)		(1.27	)		(1.01	)		(0.99	)		(0.43	)		(0.31	)
Net Asset Value, End of Period	$	17.08		$	16.46		$	12.54		$	25.51		$	22.71		$	17.67		$	15.73
Total Return		4.39	%(C)		35.11	%		(47.96	)%(C)		17.09	%		35.39	%		15.40	%		31.86	%
Net Assets, End of Period (thousands)	$	4,786,569		$	4,437,846		$	3,350,073		$	6,262,069		$	4,456,059		$	2,518,457		$	1,431,989
Ratio of Expenses to Average Net Assets (D)		0.44	%(B)		0.46	%		0.44	%(B)		0.44	%		0.44	%		0.48	%		0.51	%
Ratio of Net Investment Income to Average Net Assets		1.93	%(B)		3.00	%		3.86	%(B)		2.89	%		3.25	%		2.86	%		1.87	%

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

See accompanying Notes to Financial Statements.

135

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 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 April 30, 2010, the Portfolio owned 72% 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.

Class R2 shares commenced operations on April 30, 2008. As of April 30, 2010, Class R1 shares has 100,000,000 authorized shares and has not commenced operations.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

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.

The Portfolio utilizes a fair value heirarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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)

136

A summary of the inputs used to value the Portfolio’s investments by each major security type, industry and/or country is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 & Expenses. At April 30, 2010, 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 $119 (in thousands).

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 Directors/Trustees, generally based on average net assets.

Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of the Portfolio. Income, gains and losses, and common expenses of the Portfolio are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

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 April 30, 2010, 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 average daily net assets.

Pursuant to the Fee Waiver and 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 management 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 Class R2 shares of the Portfolio are less than 0.79% of its average net assets on an annualized basis, the Advisor retains the right

137

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 Fee Waiver and Expense Assumption Agreement will remain in effect until March 1, 2011 and shall continue to remain in effect for year to year thereafter unless terminated by the Fund or the Advisor. At April 30, 2010, there were no fees subject to future recovery by the Advisor.

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (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.

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, accumulated net realized gains or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2009, primarily attributable to a reclassification 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)
$2,694	$(2,694)

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Total
2007	$156,076	$  69,683	$225,759
2008	218,970	106,309	325,279
2009	105,700	—	105,700

138

At October 31, 2009, 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 Caryforward			Total Net Distributable Earnings (Accumulated Losses)
$13,063	—	$	(1,348,208	)	$	(1,335,145	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the Portfolio had capital loss carryforwards in the amount of $1,348,208 to offset future realized capital gains expiring in 2016.

For the year ended October 31, 2009, the Portfolio had utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes of $44,756 (amount in thousands).

At April 30, 2010, 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)
$3,741,896	$	1,114,718	$	(64,466	)	$	1,050,252

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolio’s tax postions and has concluded that no provision for income tax is required in the Portfolio’s financial statements. The Portfolio is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio’s federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

139

E. Capital Share Transactions:

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

	Six  Months Ended April 30, 2010					Year Ended Oct. 31, 2009
	Amount			Shares		Amount			Shares
Class R2 Shares
Shares Issued	$	1,591		238		$	1,393		263
Shares Issued in Lieu of Cash Distributions		50		8			207		38
Shares Redeemed		(627	)	(94	)		(2,329	)	(425	)
Net Increase (Decrease) — Class R2 Shares	$	1,014		152		$	(729	)	(124	)
Institutional Class Shares
Shares Issued	$	543,848		32,023		$	1,076,228		84,945
Shares Issued in Lieu of Cash Distributions		25,696		1,528			98,011		7,185
Shares Redeemed		(387,639	)	(22,842	)		(1,122,011	)	(89,725	)
Net Increase (Decrease) — Institutional Class Shares	$	181,905		10,709		$	52,228		2,405

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 rates agreed upon by the parties at the time of borrowings. 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 22, 2010. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

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 liabilities 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

140

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.

I. Other:

At April 30, 2010, three shareholders held approximately 84% of the outstanding shares of Class R2 shares of the Portfolio and two shareholders held approximately 47% 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.

J. Subseqent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolio and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

141

THE DFA INVESTMENT TRUST COMPANY

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

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 costs 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 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 six-month period indicated.

	Six Months Ended April 30, 2010
EXPENSE TABLES
	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
The U.S. Large Cap Value Series
Actual Fund Return	$1,000.00	$1,230.10	0.12%	$0.66
Hypothetical 5% Annual Return	$1,000.00	$1,024.20	0.12%	$0.60
The DFA International Value Series
Actual Fund Return	$1,000.00	$1,044.70	0.23%	$1.17
Hypothetical 5% Annual Return	$1,000.00	$1,023.65	0.23%	$1.15

142

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
The Japanese Small Company Series
Actual Fund Return	$1,000.00	$1,069.20	0.13%	$0.67
Hypothetical 5% Annual Return	$1,000.00	$1,024.15	0.13%	$0.65
The Asia Pacific Small Company Series
Actual Fund Return	$1,000.00	$1,135.40	0.16%	$0.85
Hypothetical 5% Annual Return	$1,000.00	$1,024.00	0.16%	$0.80
The United Kingdom Small Company Series
Actual Fund Return	$1,000.00	$1,094.20	0.13%	$0.68
Hypothetical 5% Annual Return	$1,000.00	$1,024.15	0.13%	$0.65
The Continental Small Company Series
Actual Fund Return	$1,000.00	$1,052.50	0.14%	$0.71
Hypothetical 5% Annual Return	$1,000.00	$1,024.10	0.14%	$0.70
The Canadian Small Company Series
Actual Fund Return	$1,000.00	$1,304.10	0.14%	$0.80
Hypothetical 5% Annual Return	$1,000.00	$1,024.10	0.14%	$0.70
The Emerging Markets Series
Actual Fund Return	$1,000.00	$1,146.10	0.17%	$0.90
Hypothetical 5% Annual Return	$1,000.00	$1,023.95	0.17%	$0.85
The Emerging Markets Small Cap Series
Actual Fund Return	$1,000.00	$1,199.80	0.29%	$1.58
Hypothetical 5% Annual Return	$1,000.00	$1,023.36	0.29%	$1.45

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

143

DFA INVESTMENT TRUST COMPANY

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

The U.S. Large Cap Value Series
Consumer Discretionary	18.2%
Consumer Staples	6.9%
Energy	14.4%
Financials	25.9%
Health Care	6.1%
Industrials	14.2%
Information Technology	3.8%
Materials	4.6%
Telecommunication Services	5.0%
Utilities	0.9%
	100.0%

The DFA International Value Series
Consumer Discretionary	13.9%
Consumer Staples	5.9%
Energy	7.7%
Financials	36.6%
Health Care	0.9%
Industrials	10.7%
Information Technology	3.6%
Materials	12.4%
Other	—
Telecommunication Services	6.6%
Utilities	1.7%
	100.0%

The Japanese SmallCompany Series
Consumer Discretionary	21.8%
Consumer Staples	9.5%
Energy	1.2%
Financials	10.4%
Health Care	3.7%
Industrials	27.9%
Information Technology	12.2%
Materials	12.5%
Telecommunication Services	0.1%
Utilities	0.7%
	100.0%

144

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

The Asia Pacific Small Company Series
Consumer Discretionary	23.8%
Consumer Staples	4.1%
Energy	6.2%
Financials	12.9%
Health Care	6.2%
Industrials	22.9%
Information Technology	5.4%
Materials	12.2%
Other	0.1%
Real Estate Investment Trusts	0.1%
Telecommunication Services	2.6%
Utilities	3.5%
	100.0%

The United Kingdom Small Company Series
Consumer Discretionary	20.7%
Consumer Staples	4.1%
Energy	4.6%
Financials	12.7%
Health Care	2.8%
Industrials	34.5%
Information Technology	13.7%
Materials	4.9%
Other	—
Telecommunication Services	0.9%
Utilities	1.1%
	100.0%

The Continental Small Company Series
Consumer Discretionary	14.5%
Consumer Staples	7.0%
Energy	6.0%
Financials	15.9%
Health Care	8.4%
Industrials	26.1%
Information Technology	8.6%
Materials	10.2%
Other	—
Telecommunication Services	1.0%
Utilities	2.3%
	100.0%

The Canadian Small Company Series
Consumer Discretionary	13.9%
Consumer Staples	2.3%
Energy	18.4%
Financials	7.1%
Health Care	4.9%
Industrials	7.8%
Information Technology	6.4%
Materials	38.2%
Telecommunication Services	0.3%
Utilities	0.7%
	100.0%

The Emerging Markets Series
Consumer Discretionary	6.0%
Consumer Staples	8.6%
Energy	14.6%
Financials	20.2%
Health Care	2.1%
Industrials	6.0%
Information Technology	15.0%
Materials	14.1%
Other	—
Telecommunication Services	9.9%
Utilities	3.5%
	100.0%

The Emerging Markets Small Cap Series
Consumer Discretionary	18.3%
Consumer Staples	10.5%
Energy	1.8%
Financials	15.7%
Health Care	4.9%
Industrials	17.9%
Information Technology	9.4%
Materials	16.3%
Other	0.2%
Real Estate Investment Trusts	—
Telecommunication Services	0.8%
Utilities	4.2%
	100%

145

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (91.7%)
Consumer Discretionary — (16.7%)
Carnival Corp.	2,788,461	$	116,278,824		1.3%
#CBS Corp. Class B	3,870,469		62,740,302		0.7%
Comcast Corp. Class A	11,512,642		227,259,553		2.5%
#Comcast Corp. Special Class A	3,751,193		70,709,988		0.8%
*Liberty Media Corp. Interactive Class A	3,585,265		55,105,523		0.6%
News Corp. Class A	8,257,941		127,337,450		1.4%
#*Sears Holdings Corp.	595,638		72,042,416		0.8%
#Time Warner Cable, Inc.	1,980,956		111,428,775		1.2%
Time Warner, Inc.	6,225,984		205,955,551		2.3%
Walt Disney Co. (The)	4,577,802		168,646,226		1.8%
Other Securities			426,379,685		4.7%
Total Consumer Discretionary			1,643,884,293		18.1%
Consumer Staples — (6.3%)
Archer-Daniels-Midland Co.	2,639,369		73,743,970		0.8%
CVS Caremark Corp.	5,818,740		214,886,068		2.3%
#Kraft Foods, Inc.	3,952,916		117,006,314		1.3%
Other Securities			215,899,088		2.4%
Total Consumer Staples			621,535,440		6.8%
Energy — (13.2%)
Anadarko Petroleum Corp.	2,760,568		171,596,907		1.9%
Chesapeake Energy Corp.	3,039,817		72,347,645		0.8%
Chevron Corp.	855,223		69,649,361		0.8%
ConocoPhillips	5,928,100		350,884,239		3.9%
Hess Corp.	1,215,222		77,227,358		0.8%
Marathon Oil Corp.	3,398,346		109,256,824		1.2%
National-Oilwell, Inc.	1,895,755		83,470,093		0.9%
Other Securities			366,713,878		4.0%
Total Energy			1,301,146,305		14.3%
Financials — (23.7%)
Allstate Corp. (The)	2,668,014		87,164,017		0.9%
Bank of America Corp.	18,616,251		331,927,755		3.6%
Capital One Financial Corp.	2,264,568		98,304,897		1.1%
Chubb Corp.	1,484,925		78,507,985		0.9%
*Citigroup, Inc.	28,943,302		126,482,230		1.4%
CME Group, Inc.	276,766		90,892,722		1.0%
JPMorgan Chase & Co.	2,944,498		125,376,725		1.4%
Loews Corp.	2,592,160		96,532,038		1.1%
MetLife, Inc.	4,631,345		211,096,705		2.3%
Prudential Financial, Inc.	1,954,433		124,223,761		1.4%
#SunTrust Banks, Inc.	2,063,720		61,086,112		0.7%
Travelers Cos., Inc. (The)	3,328,076		168,866,576		1.9%
Other Securities			738,329,036		8.1%
Total Financials			2,338,790,559		25.8%
Health Care — (5.6%)
Aetna, Inc.	1,768,869		52,270,079		0.6%
*Thermo Fisher Scientific, Inc.	1,696,073		93,758,915		1.0%
*UnitedHealth Group, Inc.	2,645,609		80,188,409		0.9%
*WellPoint, Inc.	2,580,122		138,810,564		1.5%
Other Securities			185,424,978		2.1%
Total Health Care			550,452,945		6.1%

146

THE U.S.LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (13.0%)
CSX Corp.		2,287,204	$	128,197,784		1.4%
FedEx Corp.		563,693		50,738,007		0.6%
General Electric Co.		18,948,832		357,374,971		4.0%
Norfolk Southern Corp.		2,186,220		129,708,433		1.4%
#Northrop Grumman Corp.		1,926,678		130,686,569		1.4%
Southwest Airlines Co.		4,297,932		56,646,744		0.6%
Union Pacific Corp.		2,835,808		214,557,233		2.4%
Other Securities				217,358,516		2.4%
Total Industrials				1,285,268,257		14.2%
Information Technology — (3.5%)
Other Securities				343,055,631		3.8%
Materials — (4.2%)
Alcoa, Inc.		5,082,514		68,308,988		0.7%
Dow Chemical Co. (The)		3,982,926		122,793,609		1.4%
International Paper Co.		2,281,591		61,009,743		0.7%
#Weyerhaeuser Co.		1,105,551		54,746,886		0.6%
Other Securities				112,004,968		1.2%
Total Materials				418,864,194		4.6%
Telecommunication Services — (4.6%)
AT&T, Inc.		11,233,286		292,739,433		3.2%
#*Sprint Nextel Corp.		11,713,380		49,781,865		0.6%
Verizon Communications, Inc.		1,782,841		51,506,276		0.6%
Other Securities				56,619,005		0.6%
Total Telecommunication Services				450,646,579		5.0%
Utilities — (0.9%)
Other Securities				87,113,402		1.0%
TOTAL COMMON STOCKS				9,040,757,605		99.7%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $20,140,000 FNMA 6.00%, 10/01/38, valued at $13,730,091) to be repurchased at $13,526,214	$	13,526		13,526,000		0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.2%)
§@DFA Short Term Investment Fund		768,077,029		768,077,029		8.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $65,858,702 FNMA 2.688%(r), 03/01/35 & 6.122%(r), 08/01/37, valued at $26,313,027) to be repurchased at $25,547,006	$	25,547		25,546,628		0.3%

147

THE U.S.LARGE CAP VALUE SERIES

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $29,140,000 FNMA 5.000%, 05/01/34 & 6.000%, 08/01/36, valued at $17,138,431) to be repurchased at $16,638,109	$	16,638	$	16,637,832		0.2%
TOTAL SECURITIES LENDING COLLATERAL				810,261,489		8.9%
TOTAL INVESTMENTS — (100.0%) (Cost $7,449,431,817)			$	9,864,545,094		108.8%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	1,643,884,293		—		—	$	1,643,884,293
Consumer Staples		621,535,440		—		—		621,535,440
Energy		1,301,146,305		—		—		1,301,146,305
Financials		2,338,790,559		—		—		2,338,790,559
Health Care		550,452,945		—		—		550,452,945
Industrials		1,285,268,257		—		—		1,285,268,257
Information Technology		343,055,631		—		—		343,055,631
Materials		418,864,194		—		—		418,864,194
Telecommunication Services		450,646,579		—		—		450,646,579
Utilities		87,113,402		—		—		87,113,402
Temporary Cash Investments		—	$	13,526,000		—		13,526,000
Securities Lending Collateral		—		810,261,489		—		810,261,489
TOTAL	$	9,040,757,605	$	823,787,489		—	$	9,864,545,094

See accompanying Notes to Financial Statements.

148

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (84.1%)
AUSTRALIA — (5.2%)
Australia & New Zealand Banking Group, Ltd.	3,176,183	$	70,350,159		1.1%
National Australia Bank, Ltd.	2,342,165		59,839,711		0.9%
Wesfarmers, Ltd.	2,331,991		62,514,415		0.9%
Other Securities			213,248,699		3.2%
TOTAL AUSTRALIA			405,952,984		6.1%
AUSTRIA — (0.5%)
Other Securities			36,264,871		0.5%
BELGIUM — (0.6%)
Other Securities			46,552,727		0.7%
CANADA — (8.9%)
#Bank of Montreal	680,265		42,250,363		0.6%
#EnCana Corp.	1,307,643		43,253,401		0.6%
#Manulife Financial Corp.	2,074,478		37,413,307		0.6%
#Sun Life Financial, Inc.	1,262,400		37,121,370		0.6%
Suncor Energy, Inc.	1,057,029		36,160,423		0.5%
*Teck Resources, Ltd. Class B	1,418,230		55,735,127		0.8%
#Thomson Reuters Corp.	1,832,184		66,014,899		1.0%
#Toronto Dominion Bank	944,998		70,237,595		1.1%
TransCanada Corp.	1,065,371		37,588,991		0.6%
Other Securities			271,691,752		4.1%
TOTAL CANADA			697,467,228		10.5%
DENMARK — (1.2%)
Other Securities			94,897,499		1.4%
FINLAND — (0.8%)
Other Securities			59,187,255		0.9%
FRANCE — (7.0%)
#AXA SA	2,818,397		56,008,406		0.8%
BNP Paribas SA	913,891		62,771,738		1.0%
#Compagnie de Saint-Gobain SA	846,142		41,770,221		0.6%
Societe Generale Paris SA	996,332		53,203,436		0.8%
#Vivendi SA	2,686,677		70,478,172		1.1%
Other Securities			260,156,374		3.9%
TOTAL FRANCE			544,388,347		8.2%
GERMANY — (6.8%)
#Allianz SE	459,625		52,559,795		0.8%
Bayerische Motoren Werke AG	915,762		45,290,896		0.7%
Daimler AG	1,684,003		86,179,238		1.3%
Deutsche Bank AG	774,190		54,036,753		0.8%
#Munchener Rueckversicherungs-Gesellschaft AG	398,730		56,194,541		0.9%
Other Securities			240,941,814		3.6%
TOTAL GERMANY			535,203,037		8.1%
GREECE — (0.2%)
Other Securities			13,035,171		0.2%
HONG KONG — (1.9%)
Hutchison Whampoa, Ltd.	5,568,000		38,213,768		0.6%
Other Securities			107,269,586		1.6%
TOTAL HONG KONG			145,483,354		2.2%

149

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
IRELAND — (0.1%)
Other Securities		$	6,494,504		0.1%
ITALY — (2.2%)
#*Intesa Sanpaolo SpA	11,201,860		36,920,433		0.6%
*UniCredit SpA	22,325,370		58,508,215		0.9%
Other Securities			80,178,881		1.2%
TOTAL ITALY			175,607,529		2.7%
JAPAN — (14.9%)
FUJIFILM Holdings Corp.	1,327,000		45,478,278		0.7%
*Nissan Motor Co., Ltd.	4,257,200		37,042,570		0.5%
Sony Corp. Sponsored ADR	1,725,386		59,042,709		0.9%
Other Securities			1,025,385,618		15.5%
TOTAL JAPAN			1,166,949,175		17.6%
MALAYSIA — (0.0%)
Other Securities			—		0.0%
NETHERLANDS — (3.7%)
#ArcelorMittal NV	2,446,831		95,219,011		1.4%
Koninklijke Philips Electronics NV	2,870,499		96,388,982		1.5%
Other Securities			101,854,969		1.5%
TOTAL NETHERLANDS			293,462,962		4.4%
NEW ZEALAND — (0.1%)
Other Securities			8,507,124		0.1%
NORWAY — (1.0%)
Other Securities			75,226,049		1.1%
PORTUGAL — (0.1%)
Other Securities			8,836,227		0.1%
SINGAPORE — (1.4%)
Other Securities			112,298,827		1.7%
SPAIN — (3.0%)
#Banco Santander SA	3,335,415		42,411,010		0.6%
#Banco Santander SA Sponsored ADR	3,712,454		45,811,682		0.7%
Other Securities			149,589,052		2.3%
TOTAL SPAIN			237,811,744		3.6%
SWEDEN — (2.7%)
Nordea Bank AB	6,583,962		64,234,663		1.0%
Other Securities			145,570,214		2.2%
TOTAL SWEDEN			209,804,877		3.2%
SWITZERLAND — (6.1%)
Compagnie Financiere Richemont SA Series A	1,205,682		44,470,307		0.7%
#Credit Suisse Group AG	1,671,311		76,709,453		1.2%
#Credit Suisse Group AG Sponsored ADR	840,377		38,405,229		0.6%
#*Holcim, Ltd. AG	739,477		55,104,807		0.8%
*Swiss Reinsurance Co., Ltd. AG	931,611		40,402,531		0.6%
*UBS AG	3,481,616		53,937,826		0.8%
Zurich Financial Services AG	322,634		71,526,291		1.1%
Other Securities			100,304,943		1.5%
TOTAL SWITZERLAND			480,861,387		7.3%
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	1,196,479		50,821,561		0.8%

150

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
UNITED KINGDOM — (Continued)
Aviva P.L.C.	7,396,866	$39,102,707		0.6%
#Barclays P.L.C. Sponsored ADR	2,451,654	50,062,775		0.7%
#HSBC Holdings P.L.C. Sponsored ADR	2,052,635	104,458,595		1.6%
Kingfisher P.L.C.	10,285,817	39,200,367		0.6%
#Royal Dutch Shell P.L.C. ADR	2,647,536	160,652,484		2.4%
SABmiller P.L.C.	1,174,082	36,807,691		0.6%
Vodafone Group P.L.C.	34,976,333	77,460,069		1.2%
#Vodafone Group P.L.C. Sponsored ADR	8,066,329	179,072,504		2.7%
*Xstrata P.L.C.	3,843,909	63,258,372		0.9%
Other Securities		424,213,351		6.4%
TOTAL UNITED KINGDOM		1,225,110,476		18.5%
TOTAL COMMON STOCKS		6,579,403,354		99.2%
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
Other Securities		—		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,950,000 FHLMC 5.00%, 10/15/19, valued at $14,943,938) to be repurchased at $14,719,233	$14,719	14,719,000		0.3%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (15.7%)
§@DFA Short Term Investment Fund	1,208,413,835	1,208,413,835		18.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $2,782,890) to be repurchased at $2,747,345	$2,747	2,747,304		0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $17,016,808) to be repurchased at $16,683,409	16,683	16,683,145		0.3%
TOTAL SECURITIES LENDING COLLATERAL		1,227,844,284		18.5%
TOTAL INVESTMENTS — (100.0%) (Cost $6,340,635,125)		$7,821,966,638		118.0%

151

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	5,165,140	$	400,787,844		—	$	405,952,984
Austria		—		36,264,871		—		36,264,871
Belgium		4,378,533		42,174,194		—		46,552,727
Canada		697,467,228		—		—		697,467,228
Denmark		—		94,897,499		—		94,897,499
Finland		1,745,643		57,441,612		—		59,187,255
France		3,258,880		541,129,467		—		544,388,347
Germany		134,813,858		400,389,179		—		535,203,037
Greece		2,018,690		11,016,481		—		13,035,171
Hong Kong		—		145,483,354		—		145,483,354
Ireland		6,494,504		—		—		6,494,504
Italy		25,961,825		149,645,704		—		175,607,529
Japan		118,884,502		1,048,064,673		—		1,166,949,175
Malaysia		—		—		—		—
Netherlands		13,446,349		280,016,613		—		293,462,962
New Zealand		—		8,507,124		—		8,507,124
Norway		459,433		74,766,616		—		75,226,049
Portugal		—		8,836,227		—		8,836,227
Singapore		—		112,298,827		—		112,298,827
Spain		121,807,336		116,004,408		—		237,811,744
Sweden		8,128,568		201,676,309		—		209,804,877
Switzerland		52,459,762		428,401,625		—		480,861,387
United Kingdom		553,873,753		671,236,723		—		1,225,110,476
Rights/Warrants
Hong Kong		—		—		—		—
Temporary Cash Investments		—		14,719,000		—		14,719,000
Securities Lending Collateral		—		1,227,844,284		—		1,227,844,284
TOTAL	$	1,750,364,004	$	6,071,602,634		—	$	7,821,966,638

See accompanying Notes to Financial Statements.

152

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††	Percentage of Net Assets**
COMMON STOCKS — (87.9%)
Consumer Discretionary — (19.2%)
*Alpine Electronics, Inc.	201,800	$2,848,424		0.2%
Exedy Corp.	119,000	3,139,735		0.2%
#K’s Holdings Corp.	156,927	4,167,060		0.3%
#Nifco, Inc.	162,700	3,638,360		0.3%
#Saizeriya Co., Ltd.	144,000	2,800,260		0.2%
Shochiku Co., Ltd.	385,400	3,301,744		0.3%
Toyobo Co., Ltd.	1,905,000	3,183,717		0.3%
Other Securities		245,583,937		19.7%
Total Consumer Discretionary		268,663,237		21.5%
Consumer Staples — (8.3%)
#Fancl Corp.	157,300	2,793,663		0.2%
Life Corp.	183,400	3,020,989		0.3%
#Megmilk Snow Brand Co., Ltd.	178,800	3,011,113		0.2%
Morinaga Milk Industry Co., Ltd.	852,000	3,442,130		0.3%
Nisshin Oillio Group, Ltd. (The)	534,000	2,814,121		0.2%
Other Securities		101,788,603		8.2%
Total Consumer Staples		116,870,619		9.4%
Energy — (1.1%)
Other Securities		14,795,802		1.2%
Financials — (9.2%)
#Bank of Iwate, Ltd. (The)	57,400	3,144,724		0.2%
Bank of Okinawa, Ltd. (The)	74,500	3,066,753		0.2%
Century Tokyo Leasing Corp.	279,790	3,685,649		0.3%
Kiyo Holdings, Inc.	2,135,900	2,788,784		0.2%
Tokai Tokyo Financial Holdings, Inc.	898,000	3,474,027		0.3%
*Tokyo Tatemono Co., Ltd.	689,000	3,177,317		0.3%
Other Securities		109,247,126		8.8%
Total Financials		128,584,380		10.3%
Health Care — (3.3%)
Kaken Pharmaceutical Co., Ltd.	348,000	2,822,402		0.2%
Nihon Kohden Corp.	151,200	2,894,218		0.3%
#Nipro Corp.	180,100	3,408,080		0.3%
Other Securities		36,448,209		2.9%
Total Health Care		45,572,909		3.7%
Industrials — (24.5%)
Central Glass Co., Ltd.	601,000	2,891,587		0.2%
#Daiseki Co., Ltd.	144,563	3,185,575		0.3%
#*Fuji Electric Holdings Co., Ltd.	1,214,000	3,646,711		0.3%
Futaba Corp.	149,000	3,028,498		0.3%
Hanwa Co., Ltd.	697,000	2,973,897		0.2%
JS Group Corp.	149,150	2,925,118		0.2%
#Meidensha Corp.	734,050	3,356,624		0.3%
Meitec Corp.	131,700	2,765,124		0.2%
#Miura Co., Ltd.	132,100	3,230,098		0.3%
Nippon Konpo Unyu Soko Co., Ltd.	247,000	2,938,839		0.2%
Takara Standard Co., Ltd.	485,000	3,178,057		0.3%
Other Securities		309,575,403		24.8%
Total Industrials		343,695,531		27.6%
Information Technology — (10.7%)
*Alps Electric Co., Ltd.	487,500	3,547,413		0.3%

153

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CONTINUED

	Shares	Value††	Percentage of Net Assets**
Information Technology — (Continued)
Capcom Co., Ltd.	153,100	$3,088,848		0.2%
*Dainippon Screen Manufacturing Co., Ltd.	652,000	3,660,794		0.3%
#eAccess, Ltd.	4,312	3,440,003		0.3%
Horiba, Ltd.	98,800	2,915,842		0.2%
#Hosiden Corp.	243,000	3,068,779		0.2%
IT Holdings Corp.	262,001	3,747,893		0.3%
#Nichicon Corp.	263,300	3,524,402		0.3%
Ryosan Co., Ltd.	122,000	3,252,940		0.3%
Other Securities		119,667,277		9.6%
Total Information Technology		149,914,191		12.0%
Materials — (11.0%)
Adeka Corp.	331,700	3,142,920		0.3%
FP Corp.	61,200	2,817,371		0.2%
#Hokuetsu Kishu Paper Co., Ltd.	553,199	2,789,154		0.2%
Kureha Corp.	571,500	2,815,467		0.2%
Nihon Parkerizing Co., Ltd.	230,000	3,291,888		0.3%
#Nippon Paint Co., Ltd.	727,200	4,637,149		0.4%
Toagosei Co., Ltd.	897,000	4,113,370		0.3%
Zeon Corp.	503,000	3,036,885		0.2%
Other Securities		127,902,153		10.3%
Total Materials		154,546,357		12.4%
Telecommunication Services — (0.0%)
Other Securities		596,211		0.0%
Utilities — (0.6%)
#Saibu Gas Co., Ltd.	1,268,000	3,409,619		0.3%
Other Securities		5,609,517		0.4%
Total Utilities		9,019,136		0.7%
TOTAL COMMON STOCKS		1,232,258,373		98.8%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/06/10 (Collateralized by $2,020,000 FHLMC 5.00%, 10/15/24, valued at $2,168,975) to be repurchased at $2,134,068	$2,134	2,134,000		0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (11.9%)
§@DFA Short Term Investment Fund	166,288,935	166,288,935		13.3%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $940,896) to be repurchased at $928,879	$929	928,865		0.1%
TOTAL SECURITIES LENDING COLLATERAL		167,217,800		13.4%

154

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

	Value†		Percentage of Net Assets**
TOTAL INVESTMENTS — (100.0%) (Cost $1,529,579,040)	$	1,401,610,173		112.4%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	34,928	$	268,628,309		—	$	268,663,237
Consumer Staples		—		116,870,619		—		116,870,619
Energy		—		14,795,802		—		14,795,802
Financials		1,844,953		126,739,427		—		128,584,380
Health Care		—		45,572,909		—		45,572,909
Industrials		—		343,695,531		—		343,695,531
Information Technology		—		149,914,191		—		149,914,191
Materials		—		154,546,357		—		154,546,357
Telecommunication Services		—		596,211		—		596,211
Utilities		—		9,019,136		—		9,019,136
Temporary Cash Investments		—		2,134,000		—		2,134,000
Securities Lending Collateral		—		167,217,800		—		167,217,800
TOTAL	$	1,879,881	$	1,399,730,292		—	$	1,401,610,173

See accompanying Notes to Financial Statements.

155

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (84.3%)
AUSTRALIA — (45.6%)
Adelaide Brighton, Ltd.	1,480,311	$	3,981,993		0.5%
#*Andean Resources, Ltd.	1,464,837		4,276,604		0.5%
Ansell, Ltd.	362,027		4,270,580		0.5%
#APA Group, Ltd.	1,222,316		4,075,912		0.5%
Australian Infrastructure Fund NL	2,805,723		5,095,900		0.6%
#Australian Pharmaceutical Industries, Ltd.	8,284,125		4,250,600		0.5%
*Australian Worldwide Exploration, Ltd.	1,531,333		3,460,809		0.4%
*AWB, Ltd.	3,807,619		3,599,988		0.4%
*Boart Longyear Group	11,160,269		3,331,322		0.4%
Bradken, Ltd.	582,247		3,897,011		0.5%
#Campbell Brothers, Ltd.	284,996		7,818,642		1.0%
Centennial Coal Co., Ltd.	1,207,405		4,698,800		0.6%
Challenger Financial Services Group, Ltd.	1,750,037		6,641,119		0.8%
ConnectEast Group, Ltd.	10,162,837		4,001,674		0.5%
#David Jones, Ltd.	1,296,067		5,557,080		0.7%
#Downer EDI, Ltd.	670,736		4,288,246		0.5%
DUET Group, Ltd.	3,068,784		5,007,244		0.6%
#Flight Centre, Ltd.	192,954		3,513,110		0.4%
#Healthscope, Ltd.	881,682		3,541,694		0.4%
*Iluka Resources, Ltd.	1,063,988		4,530,720		0.6%
#Invocare, Ltd.	552,483		3,192,985		0.4%
#Ioof Holdings, Ltd.	950,183		5,746,768		0.7%
JB Hi-Fi, Ltd.	315,065		5,608,203		0.7%
*Karoon Gas Australia, Ltd.	628,673		4,289,449		0.5%
Kingsgate Consolidated, Ltd.	402,364		3,157,513		0.4%
#Macarthur Coal, Ltd.	224,909		3,150,731		0.4%
#Monadelphous Group, Ltd.	302,955		4,295,601		0.5%
*Mount Gibson Iron, Ltd.	2,962,399		4,575,927		0.6%
*Navitas, Ltd.	1,205,167		5,767,881		0.7%
*Pacific Brands, Ltd.	4,412,120		4,818,447		0.6%
*PanAust, Ltd.	8,757,197		4,067,557		0.5%
#Perpetual Trustees Australia, Ltd.	116,090		3,672,838		0.5%
#Ramsay Health Care, Ltd.	259,021		3,234,135		0.4%
#Reece Australia, Ltd.	238,457		5,507,771		0.7%
*Riversdale Mining, Ltd.	692,356		5,811,035		0.7%
#Seek, Ltd.	666,916		5,118,282		0.6%
Southern Cross Media Group NL	1,572,128		3,153,722		0.4%
#Super Cheap Auto Group, Ltd.	711,023		3,654,930		0.5%
*Ten Network Holdings, Ltd.	2,056,782		3,426,274		0.4%
Transfield Services, Ltd.	954,232		3,479,794		0.4%
#UGL, Ltd.	332,576		4,496,941		0.6%
#West Australian Newspapers Holdings, Ltd.	728,122		5,277,439		0.6%
Other Securities			251,278,582		30.8%
TOTAL AUSTRALIA			436,621,853		53.5%
HONG KONG — (21.7%)
Giordano International, Ltd.	6,824,000		3,156,104		0.4%
Pacific Basin Shipping, Ltd.	5,837,000		4,413,779		0.5%
PCCW, Ltd.	12,632,000		3,818,685		0.5%
#Techtronic Industries Co., Ltd.	3,787,000		3,935,177		0.5%
Other Securities			192,052,469		23.5%
TOTAL HONG KONG			207,376,214		25.4%
MALAYSIA — (0.0%)
Other Securities			4,051		0.0%

156

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
NEW ZEALAND — (5.1%)
Fisher & Paykel Healthcare Corp., Ltd.	2,409,822	$6,153,780		0.8%
Sky City Entertainment Group, Ltd.	2,535,089	5,794,428		0.7%
Other Securities		37,389,346		4.6%
TOTAL NEW ZEALAND		49,337,554		6.1%
SINGAPORE — (11.9%)
*Parkway Holdings, Ltd.	1,326,133	3,246,049		0.4%
Venture Corp., Ltd.	678,000	4,850,273		0.6%
Other Securities		105,375,176		12.9%
TOTAL SINGAPORE		113,471,498		13.9%
TOTAL COMMON STOCKS		806,811,170		98.9%
PREFERRED STOCKS — (0.1%)
AUSTRALIA — (0.1%)
Other Securities		786,083		0.1%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities		7,139		0.0%
HONG KONG — (0.0%)
Other Securities		193,978		0.0%
SINGAPORE — (0.0%)
Other Securities		170,397		0.0%
TOTAL RIGHTS/WARRANTS		371,514		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $9,425,000 FNMA 1.213%(v), 11/25/39, valued at $8,111,756) to be repurchased at $7,990,127	$7,990	7,990,000		1.0%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (14.8%)
§@DFA Short Term Investment Fund	140,583,847	140,583,847		17.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $545,948) to be repurchased at $538,975	$539	538,967		0.1%
TOTAL SECURITIES LENDING COLLATERAL		141,122,814		17.3%
TOTAL INVESTMENTS — (100.0%) (Cost $820,790,134)		$957,081,581		117.3%

157

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	2,814,217	$	433,807,636		—	$	436,621,853
Hong Kong		849,435		206,526,779		—		207,376,214
Malaysia		—		4,051		—		4,051
New Zealand		464,363		48,873,191		—		49,337,554
Singapore		801,697		112,669,801		—		113,471,498
Preferred Stocks
Australia		—		786,083		—		786,083
Rights/Warrants
Australia		7,120		19		—		7,139
Hong Kong		35,650		158,328		—		193,978
Singapore		170,397		—		—		170,397
Temporary Cash Investments		—		7,990,000		—		7,990,000
Securities Lending Collateral		—		141,122,814		—		141,122,814
TOTAL	$	5,142,879	$	951,938,702		—	$	957,081,581

See accompanying Notes to Financial Statements.

158

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (96.8%)
Consumer Discretionary — (20.1%)
Aegis Group P.L.C.	3,149,142	$	6,256,389		0.7%
*DSG International P.L.C.	10,089,373		5,076,384		0.6%
Halfords Group P.L.C.	752,842		5,831,598		0.7%
Informa P.L.C.	1,449,124		8,746,402		1.0%
*Persimmon P.L.C.	700,629		5,094,528		0.6%
United Business Media P.L.C.	864,643		7,299,365		0.8%
Other Securities			139,390,172		16.1%
Total Consumer Discretionary			177,694,838		20.5%
Consumer Staples — (4.0%)
PZ Cussons P.L.C.	1,298,024		5,394,895		0.6%
Other Securities			29,897,987		3.5%
Total Consumer Staples			35,292,882		4.1%
Energy — (4.4%)
*Dana Petroleum P.L.C.	333,328		6,146,559		0.7%
*Premier Oil P.L.C.	335,099		6,489,572		0.8%
*Soco International P.L.C.	223,095		5,549,243		0.6%
Other Securities			21,116,681		2.4%
Total Energy			39,302,055		4.5%
Financials — (12.3%)
Aberdeen Asset Management P.L.C.	2,558,118		5,371,881		0.6%
Amlin P.L.C.	1,063,929		6,087,386		0.7%
Catlin Group, Ltd. P.L.C.	977,375		5,257,079		0.6%
Close Brothers Group P.L.C.	481,680		5,361,460		0.6%
#Henderson Group P.L.C.	2,936,019		6,558,889		0.8%
Hiscox, Ltd. P.L.C.	1,517,006		7,723,171		0.9%
IG Group Holdings P.L.C.	1,241,907		7,701,442		0.9%
Jardine Lloyd Thompson Group P.L.C.	603,449		5,112,633		0.6%
Provident Financial P.L.C.	461,410		5,894,440		0.7%
Other Securities			53,851,507		6.2%
Total Financials			108,919,888		12.6%
Health Care — (2.8%)
SSL International P.L.C.	753,239		9,868,934		1.1%
Other Securities			14,477,675		1.7%
Total Health Care			24,346,609		2.8%
Industrials — (33.4%)
Aggreko P.L.C.	611,546		11,391,474		1.3%
Arriva P.L.C.	655,941		7,642,321		0.9%
#Babcock International Group P.L.C.	811,461		7,236,430		0.9%
Carillion P.L.C.	1,523,518		7,955,304		0.9%
Charter International P.L.C.	614,873		7,549,495		0.9%
Chemring Group P.L.C.	128,869		7,180,111		0.8%
De la Rue P.L.C.	387,017		5,391,296		0.6%
Hays P.L.C.	4,680,905		7,955,413		0.9%
Homeserve P.L.C.	220,105		6,706,453		0.8%
IMI P.L.C.	1,191,221		12,953,350		1.5%
Intertek Group P.L.C.	539,854		12,260,610		1.4%
Meggitt P.L.C.	1,630,199		7,757,004		0.9%
Michael Page International P.L.C.	1,235,568		8,036,307		0.9%
Regus P.L.C.	3,178,152		5,594,804		0.7%
Spirax-Sarco Engineering P.L.C.	301,608		7,095,437		0.8%
Tomkins P.L.C.	3,282,427		12,417,818		1.4%

159

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
Industrials — (Continued)
*Travis Perkins P.L.C.	482,448	$6,231,047		0.7%
Ultra Electronics Holdings P.L.C.	267,145	6,307,382		0.7%
#VT Group P.L.C.	677,021	7,707,937		0.9%
Weir Group P.L.C. (The)	479,090	7,192,192		0.8%
Other Securities		133,003,894		15.4%
Total Industrials		295,566,079		34.1%
Information Technology — (13.2%)
ARM Holdings P.L.C.	4,777,637	18,427,499		2.1%
Dimension Data Holdings P.L.C.	5,151,402	7,148,024		0.8%
Electrocomponents P.L.C.	1,576,293	5,396,820		0.6%
Halma P.L.C.	1,461,044	6,083,205		0.7%
Logica P.L.C.	3,167,765	6,627,538		0.8%
*Misys P.L.C.	1,833,430	6,528,528		0.7%
Rotork P.L.C.	348,025	7,471,351		0.9%
Spectris P.L.C.	490,382	6,710,282		0.8%
Other Securities		52,848,783		6.1%
Total Information Technology		117,242,030		13.5%
Materials — (4.7%)
Croda International P.L.C.	484,717	7,433,197		0.9%
Mondi P.L.C.	943,611	6,369,567		0.7%
Other Securities		27,830,838		3.2%
Total Materials		41,633,602		4.8%
Telecommunication Services — (0.8%)
Other Securities		7,276,846		0.8%
Utilities — (1.1%)
Other Securities		9,629,833		1.1%
TOTAL COMMON STOCKS		856,904,662		98.8%
RIGHTS/WARRANTS — (0.0%)
Other Securities		—		0.0%
TOTAL RIGHTS/WARRANTS		—		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/04/10 (Collateralized by $5,070,000 FNMA 6.00%, 10/01/38, valued at $3,456,383) to be repurchased at $3,405,072.	$3,405	3,405,000		0.4%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (2.8%)
§@DFA Short Term Investment Fund	21,279,781	21,279,781		2.4%

160

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $3,290,540) to be repurchased at $3,248,512	$	3,248	$	3,248,463		0.4%
TOTAL SECURITIES LENDING COLLATERAL				24,528,244		2.8%
TOTAL INVESTMENTS — (100.0%) (Cost $871,826,348)			$	884,837,906		102.0%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	2,458,708	$	175,236,130		—	$	177,694,838
Consumer Staples		244,809		35,048,073		—		35,292,882
Energy		—		39,302,055		—		39,302,055
Financials		531		108,919,357		—		108,919,888
Health Care		—		24,346,609		—		24,346,609
Industrials		842,433		294,723,646		—		295,566,079
Information Technology		—		117,242,030		—		117,242,030
Materials		—		41,633,602		—		41,633,602
Telecommunication Services		1,970,194		5,306,652		—		7,276,846
Utilities		—		9,629,833		—		9,629,833
Rights/Warrants		—		—		—		—
Temporary Cash Investments		—		3,405,000		—		3,405,000
Securities Lending Collateral		—		24,528,244		—		24,528,244
TOTAL	$	5,516,675	$	879,321,231		—	$	884,837,906

See accompanying Notes to Financial Statements.

161

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

		Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (79.8%)
AUSTRIA — (2.5%)
Andritz AG		116,739	$	7,147,662		0.4%
Other Securities				47,944,956		2.7%
TOTAL AUSTRIA				55,092,618		3.1%
BELGIUM — (3.5%)
Bekaert SA		56,385		10,081,272		0.6%
D’Ieteren SA		12,852		6,020,251		0.3%
Other Securities				60,678,302		3.4%
TOTAL BELGIUM				76,779,825		4.3%
DENMARK — (2.4%)
Other Securities				53,532,825		3.0%
FINLAND — (6.5%)	��
#KCI Konecranes Oyj		232,703		7,470,867		0.4%
#Metso Corp. Oyj		206,460		7,964,260		0.5%
*M-Real Oyj Series B		3,525,955		12,251,527		0.7%
#Nokian Renkaat Oyj		325,926		7,661,297		0.4%
Other Securities				108,340,211		6.1%
TOTAL FINLAND				143,688,162		8.1%
FRANCE — (10.7%)
Arkema SA		199,362		8,316,785		0.5%
*Atos Origin SA		143,571		7,275,071		0.4%
#Bourbon SA		155,755		6,747,054		0.4%
*Compagnie Generale de Geophysique-Veritas SA		219,970		6,622,483		0.4%
*Gemalto NV		149,247		6,652,952		0.4%
Havas SA		1,165,955		6,244,766		0.3%
Nexans SA		92,377		7,282,145		0.4%
SEB SA		87,918		6,686,682		0.4%
Societe BIC SA		84,787		6,591,662		0.4%
*Valeo SA		232,962		7,792,093		0.4%
Other Securities				165,053,841		9.2%
TOTAL FRANCE				235,265,534		13.2%
GERMANY — (11.6%)
*Aareal Bank AG		492,663		10,749,514		0.6%
#Aixtron AG		259,027		8,183,192		0.5%
Aurubis AG		144,707		7,327,699		0.4%
Bilfinger Berger AG		162,980		10,808,808		0.6%
#Lanxess AG		218,704		10,328,223		0.6%
MTU Aero Engines Holding AG		163,223		8,948,890		0.5%
Rheinmetall AG		107,359		7,473,083		0.4%
Rhoen-Klinikum AG		379,608		9,758,046		0.5%
#*SGL Carbon SE		217,830		7,062,079		0.4%
#Software AG		70,053		8,018,342		0.5%
Stada Arzneimittel AG		173,213		6,791,594		0.4%
Wincor Nixdorf AG		112,151		7,627,473		0.4%
Other Securities				152,976,235		8.6%
TOTAL GERMANY				256,053,178		14.4%
GREECE — (2.2%)
Other Securities				49,026,184		2.7%
IRELAND — (2.4%)
DCC P.L.C.		308,989		8,252,891		0.5%

162

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
IRELAND — (Continued)
*Dragon Oil P.L.C.	1,347,570	$9,949,190		0.6%
Paddy Power P.L.C.	180,573	6,347,171		0.3%
Other Securities		28,513,507		1.6%
TOTAL IRELAND		53,062,759		3.0%
ITALY — (6.6%)
Other Securities		143,965,536		8.1%
NETHERLANDS — (4.9%)
Imtech NV	240,919	7,597,862		0.4%
Koninklijke Boskalis Westminster NV	133,054	6,001,579		0.3%
Nutreco Holding NV	136,273	8,526,171		0.5%
Other Securities		85,008,577		4.8%
TOTAL NETHERLANDS		107,134,189		6.0%
NORWAY — (3.6%)
#*TGS Nopec Geophysical Co. ASA	404,241	7,747,472		0.5%
Other Securities		71,749,044		4.0%
TOTAL NORWAY		79,496,516		4.5%
PORTUGAL — (1.0%)
Other Securities		22,745,625		1.3%
SPAIN — (4.5%)
#Ebro Puleva SA	312,280	5,815,276		0.3%
Other Securities		93,160,881		5.2%
TOTAL SPAIN		98,976,157		5.5%
SWEDEN — (6.3%)
#Boliden AB	497,124	6,839,672		0.4%
#Elekta AB Series B	302,500	7,855,659		0.4%
Modern Times Group AB Series B	107,750	6,561,146		0.4%
*Trelleborg AB Series B	878,565	6,356,388		0.3%
Other Securities		110,036,538		6.2%
TOTAL SWEDEN		137,649,403		7.7%
SWITZERLAND — (10.9%)
Aryzta AG	265,691	10,151,959		0.6%
*Bank Sarasin & Cie AG Series B	172,644	6,715,373		0.4%
*Clariant AG	756,817	10,441,951		0.6%
#Galenica Holding AG	15,281	5,942,441		0.3%
#*Logitech International SA	376,693	6,149,652		0.3%
PSP Swiss Property AG	141,111	8,398,369		0.5%
Sika AG	4,203	7,465,288		0.4%
Swiss Prime Site AG	163,073	9,643,069		0.5%
#Valiant Holding AG	33,293	6,330,913		0.4%
Other Securities		169,140,498		9.5%
TOTAL SWITZERLAND		240,379,513		13.5%
UNITED KINGDOM — (0.2%)
Other Securities		4,524,669		0.2%
TOTAL COMMON STOCKS		1,757,372,693		98.6%
PREFERRED STOCKS — (0.1%)
SWITZERLAND — (0.1%)
Other Securities		1,894,634		0.1%
RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
Other Securities		—		0.0%

163

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
BELGIUM — (0.0%)
Other Securities		$453		0.0%
FRANCE — (0.0%)
Other Securities		226,828		0.0%
ITALY — (0.0%)
Other Securities		11,386		0.0%
SPAIN — (0.0%)
Other Securities		7,659		0.0%
SWEDEN — (0.0%)
Other Securities		70,891		0.0%
SWITZERLAND — (0.0%)
Other Securities		23,702		0.0%
TOTAL RIGHTS/WARRANTS		340,919		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $25,045,000 FHLMC 6.50%, 09/01/37, valued at $12,794,553) to be repurchased at $12,605,200	$12,605	12,605,000		0.7%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (19.5%)
§@DFA Short Term Investment Fund	428,637,743	428,637,743		24.1%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $296,485) to be repurchased at $290,677	$291	290,672		0.0%
TOTAL SECURITIES LENDING COLLATERAL		428,928,415		24.1%
TOTAL INVESTMENTS — (100.0%) (Cost $1,976,947,922)		$2,201,141,661		123.5%

164

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Austria	$	196,925	$	54,895,693		—	$	55,092,618
Belgium		229,798		76,550,027		—		76,779,825
Denmark		122,467		53,410,358		—		53,532,825
Finland		1,312,997		142,375,165		—		143,688,162
France		537,962		234,727,572		—		235,265,534
Germany		78,693		255,974,485		—		256,053,178
Greece		337,462		48,688,722		—		49,026,184
Ireland		—		53,062,759		—		53,062,759
Italy		—		143,965,536		—		143,965,536
Netherlands		961,586		106,172,603		—		107,134,189
Norway		32,438		79,464,078		—		79,496,516
Portugal		234,934		22,510,691		—		22,745,625
Spain		—		98,976,157		—		98,976,157
Sweden		1,027,633		136,621,770		—		137,649,403
Switzerland		3,155,156		237,224,357		—		240,379,513
United Kingdom		1,048,251		3,476,418		—		4,524,669
Preferred Stocks
Switzerland		1,894,634		—		—		1,894,634
Rights/Warrants
Austria		—		—		—		—
Belgium		453		—		—		453
France		226,760		68		—		226,828
Italy		11,386		—		—		11,386
Spain		7,659		—		—		7,659
Sweden		—		70,891		—		70,891
Switzerland		23,702		—		—		23,702
Temporary Cash Investments		—		12,605,000		—		12,605,000
Securities Lending Collateral		—		428,928,415		—		428,928,415
TOTAL	$	11,440,896	$	2,189,700,765		—	$	2,201,141,661

See accompanying Notes to Financial Statements.

165

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††	Percentage of Net Assets**
COMMON STOCKS — (85.9%)
Consumer Discretionary — (12.0%)
Astral Media, Inc. Class A	186,347	$6,475,733		1.3%
Corus Entertainment, Inc. Class B	278,300	5,602,712		1.1%
Dorel Industries, Inc. Class B	107,500	3,806,630		0.8%
#*Gildan Activewear, Inc.	246,010	7,139,570		1.4%
Groupe Aeroplan, Inc.	485,521	5,305,457		1.1%
#Linamar Corp.	179,780	3,606,927		0.7%
Quebecor, Inc. Class B	159,493	5,674,421		1.1%
Reitmans Canada, Ltd. Class A	193,400	3,583,174		0.7%
*RONA, Inc.	426,885	7,291,253		1.4%
Other Securities		21,801,179		4.3%
Total Consumer Discretionary		70,287,056		13.9%
Consumer Staples — (2.0%)
*Cott Corp.	512,400	4,287,655		0.9%
Other Securities		7,248,375		1.4%
Total Consumer Staples		11,536,030		2.3%
Energy — (15.8%)
#*Bankers Petroleum, Ltd.	685,432	6,045,945		1.2%
*Crew Energy, Inc.	250,936	4,508,350		0.9%
#Nuvista Energy, Ltd.	274,221	3,296,159		0.6%
Progress Energy Resources Corp.	385,252	4,615,591		0.9%
ShawCor, Ltd.	209,500	5,981,000		1.2%
Trican Well Service, Ltd.	391,971	4,977,777		1.0%
#*Uranium One, Inc.	1,819,900	4,604,394		0.9%
Other Securities		58,527,620		11.6%
Total Energy		92,556,836		18.3%
Financials — (6.1%)
#AGF Management, Ltd. Class B	348,279	5,962,366		1.2%
#Canadian Western Bank	226,200	5,342,132		1.0%
Home Capital Group, Inc.	113,700	5,316,745		1.0%
Laurentian Bank of Canada	92,400	4,013,278		0.8%
Other Securities		15,059,523		3.0%
Total Financials		35,694,044		7.0%
Health Care — (4.2%)
Biovail Corp.	329,038	5,581,143		1.1%
#*MDS, Inc.	464,108	4,148,553		0.8%
*SXC Health Solutions Corp.	84,161	5,851,832		1.2%
Other Securities		9,140,905		1.8%
Total Health Care		24,722,433		4.9%
Industrials — (6.7%)
#Russel Metals, Inc.	229,900	4,825,229		0.9%
*Stantec, Inc.	156,600	3,985,145		0.8%
Toromont Industries, Ltd.	214,900	6,006,114		1.2%
Other Securities		24,735,169		4.9%
Total Industrials		39,551,657		7.8%
Information Technology — (5.5%)
*Celestica, Inc.	797,607	7,867,712		1.6%
*MacDonald Dettweiler & Associates, Ltd.	129,900	5,175,284		1.0%
*Open Text Corp.	135,242	5,728,946		1.1%

166

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
Information Technology — (Continued)
Other Securities		$13,487,537		2.7%
Total Information Technology		32,259,479		6.4%
Materials — (32.8%)
*Alamos Gold, Inc.	347,100	5,156,270		1.0%
*Canfor Corp.	330,690	3,392,193		0.7%
*Consolidated Thompson Iron Mines, Ltd.	454,936	3,869,509		0.8%
*Equinox Minerals, Ltd.	1,678,290	6,641,786		1.3%
*Euro Goldfields, Ltd.	521,060	3,811,258		0.7%
*Golden Star Resources, Ltd.	855,400	3,882,058		0.8%
*HudBay Minerals, Inc.	477,851	6,077,806		1.2%
*Lundin Mining Corp.	1,147,100	5,409,145		1.1%
Methanex Corp.	359,200	8,355,873		1.6%
*New Gold, Inc.	908,262	5,320,101		1.0%
#*Osisko Mining Corp.	685,640	7,255,985		1.4%
Pan Amer Silver Corp.	220,900	5,865,006		1.2%
#*Quadra Mining, Ltd.	260,350	3,952,153		0.8%
*SEMAFO, Inc.	689,365	4,397,603		0.9%
Sherritt International Corp.	706,329	5,493,206		1.1%
*Silver Standard Resources, Inc.	229,462	4,714,385		0.9%
#Silvercorp Metals, Inc.	482,000	3,952,609		0.8%
#*Taseko Mines, Ltd.	649,000	3,686,484		0.7%
#*Thompson Creek Metals Co., Inc.	474,700	6,079,786		1.2%
West Fraser Timber Co., Ltd.	123,716	5,358,834		1.1%
Other Securities		89,958,885		17.8%
Total Materials		192,630,935		38.1%
Telecommunication Services — (0.2%)
Other Securities		1,384,165		0.3%
Utilities — (0.6%)
Other Securities		3,455,638		0.7%
TOTAL COMMON STOCKS		504,078,273		99.7%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $1,120,000 FHLMC 5.00%, 10/15/24, valued at $1,202,600) to be repurchased at $1,180,019	$1,180	1,180,000		0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (13.9%)
§@DFA Short Term Investment Fund	80,305,118	80,305,118		15.9%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10, (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $971,753) to be repurchased at $952,714	$953	952,699		0.2%
TOTAL SECURITIES LENDING COLLATERAL		81,257,817		16.1%

167

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

	Value†	Percentage of Net Assets**
TOTAL INVESTMENTS — (100.0%) (Cost $600,757,081)	$586,516,090		116.0%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	70,287,056		—		—	$	70,287,056
Consumer Staples		11,536,030		—		—		11,536,030
Energy		92,556,836		—		—		92,556,836
Financials		35,694,044		—		—		35,694,044
Health Care		24,722,433		—		—		24,722,433
Industrials		39,551,657		—		—		39,551,657
Information Technology		32,259,332	$	147		—		32,259,479
Materials		192,630,935		—		—		192,630,935
Telecommunication Services		1,384,165		—		—		1,384,165
Utilities		3,455,638		—		—		3,455,638
Temporary Cash Investments		—		1,180,000		—		1,180,000
Securities Lending Collateral		—		81,257,817		—		81,257,817
TOTAL	$	504,078,126	$	82,437,964		—	$	586,516,090

See accompanying Notes to Financial Statements.

168

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (82.7%)
ARGENTINA — (0.1%)
Other Securities		$	1,721,656		0.1%
BRAZIL — (3.3%)
Companhia Siderurgica Nacional SA	734,552		13,733,893		0.6%
Petroleo Brasilerio SA ADR	868,746		36,860,893		1.6%
Other Securities			30,077,170		1.3%
TOTAL BRAZIL			80,671,956		3.5%
CHILE — (1.5%)
Other Securities			37,770,574		1.7%
CHINA — (9.2%)
Bank of China, Ltd.	36,691,000		18,887,982		0.8%
China Construction Bank Corp.	21,737,000		17,679,518		0.8%
#China Life Insurance Co., Ltd. ADR	250,705		16,945,151		0.7%
China Mobile, Ltd. Sponsored ADR	696,697		34,068,483		1.5%
#CNOOC, Ltd. ADR	67,956		11,954,820		0.5%
Industrial & Commercial Bank of China, Ltd.	34,093,000		24,848,598		1.1%
PetroChina Co., Ltd. ADR	115,210		13,264,127		0.6%
Tencent Holdings, Ltd.	700,600		14,470,766		0.6%
Other Securities			77,309,097		3.4%
TOTAL CHINA			229,428,542		10.0%
CZECH REPUBLIC — (0.9%)
CEZ A.S.	279,544		13,404,286		0.6%
Other Securities			7,489,643		0.3%
TOTAL CZECH REPUBLIC			20,893,929		0.9%
HUNGARY — (1.3%)
#*OTP Bank NYRT	473,736		16,652,516		0.7%
Other Securities			16,368,600		0.7%
TOTAL HUNGARY			33,021,116		1.4%
INDIA — (10.9%)
HDFC Bank, Ltd.	386,733		17,145,011		0.7%
Infosys Technologies, Ltd.	449,681		27,426,840		1.2%
#Infosys Technologies, Ltd. Sponsored ADR	233,496		13,981,740		0.6%
Reliance Industries, Ltd.	1,958,609		45,244,268		2.0%
Tata Consultancy Services, Ltd.	756,974		12,986,852		0.6%
Other Securities			153,802,995		6.7%
TOTAL INDIA			270,587,706		11.8%
INDONESIA — (2.4%)
PT Astra International Tbk	2,890,061		14,934,573		0.7%
PT Telekomunikasi Indonesia Tbk	14,011,140		12,095,770		0.5%
Other Securities			33,532,822		1.5%
TOTAL INDONESIA			60,563,165		2.7%
ISRAEL — (1.5%)
Teva Pharmaceutical Industries, Ltd. Sponsored ADR	423,625		24,879,496		1.1%
Other Securities			12,923,591		0.6%
TOTAL ISRAEL			37,803,087		1.7%
MALAYSIA — (4.5%)
CIMB Group Holdings Berhad	2,785,627		12,334,742		0.5%

169

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
MALAYSIA — (Continued)
Other Securities		$	99,758,768		4.4%
TOTAL MALAYSIA			112,093,510		4.9%
MEXICO — (6.6%)
#America Movil S.A.B. de C.V. Series L	17,737,259		45,638,804		2.0%
#Grupo Mexico S.A.B. de C.V. Series B	4,075,517		10,754,618		0.5%
#Wal-Mart de Mexico S.A.B. de C.V. Series V	8,745,360		20,456,567		0.9%
Other Securities			87,246,332		3.8%
TOTAL MEXICO			164,096,321		7.2%
PHILIPPINES — (0.5%)
Other Securities			12,385,583		0.5%
POLAND — (1.3%)
Other Securities			32,992,799		1.4%
RUSSIA — (3.8%)
*Gazprom OAO Sponsored ADR	1,525,390		35,017,180		1.5%
*Lukoil OAO Sponsored ADR	330,511		18,590,951		0.8%
Other Securities			41,167,583		1.8%
TOTAL RUSSIA			94,775,714		4.1%
SOUTH AFRICA — (8.1%)
*Anglo American Platinum Corp., Ltd.	103,642		11,301,790		0.5%
Impala Platinum Holdings, Ltd.	478,692		13,424,808		0.6%
*MTN Group, Ltd.	1,659,950		24,217,399		1.0%
Naspers, Ltd. Series N	324,237		13,057,043		0.6%
Sasol, Ltd. Sponsored ADR	1,065,717		43,321,396		1.9%
Standard Bank Group, Ltd.	861,864		13,104,398		0.6%
Other Securities			81,769,338		3.6%
TOTAL SOUTH AFRICA			200,196,172		8.8%
SOUTH KOREA — (12.7%)
#Hyundai Heavy Industries Co., Ltd.	47,395		10,726,806		0.5%
#Hyundai Motor Co., Ltd.	95,919		11,697,991		0.5%
POSCO	46,060		20,654,841		0.9%
Samsung Electronics Co., Ltd.	97,139		73,858,555		3.2%
Samsung Electronics Co., Ltd. GDR	49,372		18,856,946		0.8%
Other Securities			179,110,260		7.9%
TOTAL SOUTH KOREA			314,905,399		13.8%
TAIWAN — (10.4%)
Formosa Chemicals & Fiber Co., Ltd.	4,298,445		10,839,166		0.5%
Formosa Plastics Corp.	5,051,648		11,222,961		0.5%
Hon Hai Precision Industry Co., Ltd.	4,590,176		21,548,710		0.9%
#Media Tek, Inc.	735,527		12,453,974		0.5%
Nan Ya Plastic Corp.	7,084,564		14,853,387		0.7%
Taiwan Semiconductor Manufacturing Co., Ltd.	22,386,808		43,813,226		1.9%
Other Securities			142,354,282		6.2%
TOTAL TAIWAN			257,085,706		11.2%
THAILAND — (1.5%)
Other Securities			37,775,641		1.7%
TURKEY — (2.2%)
Turkiye Garanti Bankasi A.S.	2,842,585		13,770,993		0.6%

170

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††	Percentage of Net Assets**
TURKEY — (Continued)
Other Securities		$40,353,802		1.8%
TOTAL TURKEY		54,124,795		2.4%
TOTAL COMMON STOCKS		2,052,893,371		89.8%
PREFERRED STOCKS — (8.8%)
BRAZIL — (8.8%)
Banco Bradesco SA	1,440,120	26,470,205		1.2%
Companhia de Bebidas das Americas Preferred ADR	151,600	14,826,480		0.6%
Gerdau SA	756,268	12,425,724		0.5%
Itau Unibanco Holding SA	1,765,755	38,276,225		1.7%
Petroleo Brasilerio SA ADR	1,206,109	45,759,775		2.0%
Vale SA Series A	1,412,691	37,904,737		1.7%
Other Securities		43,261,900		1.9%
TOTAL BRAZIL		218,925,046		9.6%
TOTAL PREFERRED STOCKS		218,925,046		9.6%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities		—		0.0%
CHINA — (0.0%)
Other Securities		2,502		0.0%
MALAYSIA — (0.0%)
Other Securities		7,590		0.0%
TOTAL RIGHTS/WARRANTS		10,092		0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $6,390,000 FNMA 1.213%(v), 11/25/39, valued at $5,499,642) to be repurchased at $5,416,086	$5,416	5,416,000		0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.3%)
§@DFA Short Term Investment Fund	205,297,070	205,297,070		9.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $174,219) to be repurchased at $171,994	$172	171,991		0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $1,343,542) to be repurchased at $1,317,219	1,317	1,317,198		0.1%
TOTAL SECURITIES LENDING COLLATERAL		206,786,259		9.1%

171

THE EMERGING MARKETS SERIES

CONTINUED

	Value†		Percentage of Net Assets**
TOTAL INVESTMENTS — (100.0%) (Cost $1,281,019,294)	$	2,484,030,768		108.7%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Argentina	$	1,721,656		—		—	$	1,721,656
Brazil		80,671,956		—		—		80,671,956
Chile		37,770,574		—		—		37,770,574
China		85,209,043	$	144,219,499		—		229,428,542
Czech Republic		—		20,893,929		—		20,893,929
Hungary		—		33,021,116		—		33,021,116
India		21,770,824		248,816,882		—		270,587,706
Indonesia		—		60,563,165		—		60,563,165
Israel		24,879,496		12,923,591		—		37,803,087
Malaysia		—		112,093,510		—		112,093,510
Mexico		164,088,501		7,820		—		164,096,321
Philippines		—		12,385,583		—		12,385,583
Poland		—		32,992,799		—		32,992,799
Russia		—		94,775,714		—		94,775,714
South Africa		60,558,996		139,637,176		—		200,196,172
South Korea		4,138,431		310,766,968		—		314,905,399
Taiwan		7,067,247		250,018,459		—		257,085,706
Thailand		37,775,641		—		—		37,775,641
Turkey		3		54,124,792		—		54,124,795
Preferred Stocks
Brazil		218,925,046		—		—		218,925,046
Rights/Warrants
Brazil		—		—		—		—
China		—		2,502		—		2,502
Malaysia		—		7,590		—		7,590
Temporary Cash Investments		—		5,416,000		—		5,416,000
Securities Lending Collateral		—		206,786,259		—		206,786,259
TOTAL	$	744,577,414	$	1,739,453,354		—	$	2,484,030,768

See accompanying Notes to Financial Statements.

172

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (86.8%)
ARGENTINA — (0.0%)
Other Securities		$	—		0.0%
BRAZIL — (6.7%)
Diagnosticos Da America SA	507,200		4,382,652		0.3%
Duratex SA	624,462		5,690,481		0.4%
Lojas Renner SA	273,700		6,786,406		0.5%
*Magnesita Refratarios SA	538,604		3,947,542		0.3%
*PDG Realty SA Empreendimentos e Participacoes	448,000		4,072,142		0.3%
Totvs SA	49,764		3,421,141		0.2%
Other Securities			78,501,135		5.4%
TOTAL BRAZIL			106,801,499		7.4%
CHILE — (2.4%)
*Empresas La Polar SA	745,043		4,328,557		0.3%
Other Securities			33,893,619		2.4%
TOTAL CHILE			38,222,176		2.7%
CHINA — (10.7%)
#*Brilliance China Automotive Holdings, Ltd.	12,088,000		4,283,054		0.3%
China Travel International Investment Hong Kong, Ltd.	13,617,900		3,361,995		0.2%
China Yurun Food Group, Ltd.	2,013,000		6,142,667		0.4%
#Hopson Development Holdings, Ltd.	3,476,000		4,496,380		0.3%
#*Hunan Non-Ferrous Metal Corp., Ltd.	8,774,000		3,674,104		0.3%
#*Semiconductor Manufacturing International Corp.	93,483,000		10,043,597		0.7%
Shenzhen International Holdings, Ltd.	42,344,300		3,177,793		0.2%
#Skyworth Digital Holdings, Ltd.	6,543,562		5,896,623		0.4%
Xinao Gas Holdings, Ltd.	2,178,000		6,586,811		0.5%
Other Securities			123,149,792		8.5%
TOTAL CHINA			170,812,816		11.8%
HUNGARY — (0.2%)
Other Securities			3,370,093		0.2%
INDIA — (11.5%)
*LIC Housing Finance, Ltd.	148,431		3,180,953		0.2%
Shriram Transport Finance Co., Ltd.	260,052		3,295,294		0.2%
Other Securities			175,843,672		12.2%
TOTAL INDIA			182,319,919		12.6%
INDONESIA — (3.7%)
*PT Bank Pan Indonesia Tbk	26,324,875		3,674,635		0.3%
PT Kalbe Farma Tbk	14,904,238		3,396,957		0.2%
Other Securities			51,151,477		3.5%
TOTAL INDONESIA			58,223,069		4.0%
ISRAEL — (2.0%)
Other Securities			31,215,231		2.2%
MALAYSIA — (5.1%)
Other Securities			80,426,196		5.6%
MEXICO — (4.8%)
#Banco Compartamos S.A. de C.V.	612,400		3,464,327		0.2%
#*Corporacion GEO S.A.B. de C.V. Series B	1,330,000		4,211,797		0.3%
Embotelladora Arca S.A.B. de C.V.	1,909,100		7,210,148		0.5%
#*Empresas ICA S.A.B. de C.V. Sponsored ADR	681,589		7,204,396		0.5%
#*Grupo Aeroportuario del Sureste S.A.B. de C.V. ADR	62,500		3,458,750		0.2%

173

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
MEXICO — (Continued)
Grupo Continental S.A.B. de C.V.	3,051,159	$	8,153,110		0.6%
*Industrias CH S.A.B. de C.V. Series B	1,172,808		4,925,655		0.3%
#TV Azteca S.A.B. de C.V. Series A	6,581,300		3,725,693		0.3%
Other Securities			33,882,438		2.4%
TOTAL MEXICO			76,236,314		5.3%
PHILIPPINES — (1.5%)
Other Securities			23,671,413		1.6%
POLAND — (2.5%)
Other Securities			40,592,721		2.8%
SOUTH AFRICA — (8.5%)
Aveng, Ltd.	981,591		4,923,931		0.3%
Barloworld, Ltd.	579,959		3,845,104		0.3%
Clicks Group, Ltd.	918,874		3,820,612		0.3%
Foschini, Ltd.	521,461		4,791,088		0.3%
Grindrod, Ltd.	1,607,864		3,554,135		0.3%
Imperial Holdings, Ltd.	422,517		5,653,970		0.4%
JD Group, Ltd.	1,023,857		6,169,700		0.4%
*Metropolitan Holdings, Ltd.	2,025,393		4,572,929		0.3%
Mr. Price Group, Ltd.	693,186		3,937,835		0.3%
Nampak, Ltd.	1,326,125		3,258,267		0.2%
Reunert, Ltd.	594,843		4,626,510		0.3%
Spar Group, Ltd. (The)	559,850		5,794,753		0.4%
*Tongaat-Hulett, Ltd.	625,434		8,746,246		0.6%
Woolworths Holdings, Ltd.	1,831,592		5,673,980		0.4%
Other Securities			65,875,261		4.6%
TOTAL SOUTH AFRICA			135,244,321		9.4%
SOUTH KOREA — (10.8%)
Daegu Bank Co., Ltd.	298,043		3,939,322		0.3%
Yuhan Corp.	22,842		3,298,891		0.2%
Other Securities			164,597,635		11.4%
TOTAL SOUTH KOREA			171,835,848		11.9%
TAIWAN — (11.1%)
Other Securities			177,326,860		12.3%
THAILAND — (2.3%)
Other Securities			37,094,784		2.6%
TURKEY — (3.0%)
Other Securities			47,265,571		3.3%
TOTAL COMMON STOCKS			1,380,658,831		95.7%
PREFERRED STOCKS — (3.4%)
BRAZIL — (3.4%)
#*Braskem SA Preferred A Sponsored ADR	301,000		4,289,250		0.3%
Eletropaulo Metropolita SA Preferred A	184,200		4,069,196		0.3%
Klabin SA	1,412,700		4,413,037		0.3%
*Net Servicos de Comunicacao SA	400,902		4,734,945		0.3%
Suzano Papel e Celullose SA	390,634		4,982,227		0.4%
Ultrapar Participacoes SA	153,240		7,224,518		0.5%
Other Securities			23,277,108		1.6%
TOTAL BRAZIL			52,990,281		3.7%
INDIA — (0.0%)
Other Securities			42,052		0.0%

174

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
MALAYSIA — (0.0%)
Other Securities			$	19,449		0.0%
TOTAL PREFERRED STOCKS				53,051,782		3.7%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities				19		0.0%
CHINA — (0.0%)
Other Securities				1,866		0.0%
HONG KONG — (0.0%)
Other Securities				22,388		0.0%
INDIA — (0.0%)
Other Securities				47,732		0.0%
INDONESIA — (0.0%)
Other Securities				17,063		0.0%
ISRAEL — (0.0%)
Other Securities				2,127		0.0%
MALAYSIA — (0.0%)
Other Securities				10,695		0.0%
SOUTH KOREA — (0.0%)
Other Securities				33,573		0.0%
THAILAND — (0.0%)
Other Securities				77,832		0.0%
TOTAL RIGHTS/WARRANTS				213,295		0.0%
	Face Amount
	(000)		Value†
TEMPORARY CASH INVESTMENTS — (1.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $17,955,000 FHLMC 5.00%, 10/15/19, valued at $19,234,294) to be repurchased at $18,949,300	$	18,949		18,949,000		1.3%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.6%)
§@DFA Short Term Investment Fund		135,269,420		135,269,420		9.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $1,989,823) to be repurchased at $1,950,838	$	1,951		1,950,807		0.1%
TOTAL SECURITIES LENDING COLLATERAL				137,220,227		9.5%
TOTAL INVESTMENTS — (100.0%) (Cost $1,161,079,340)			$	1,590,093,135		110.2%

175

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Argentina		—		—		—		—
Brazil	$	106,801,499		—		—	$	106,801,499
Chile		38,222,176		—		—		38,222,176
China		2,546,875	$	168,265,941		—		170,812,816
Hungary		—		3,370,093		—		3,370,093
India		1,182,573		181,137,346		—		182,319,919
Indonesia		1,452,549		56,770,520		—		58,223,069
Israel		330,232		30,884,999		—		31,215,231
Malaysia		144,575		80,281,621		—		80,426,196
Mexico		76,180,035		56,279		—		76,236,314
Philippines		67,604		23,603,809		—		23,671,413
Poland		—		40,592,721		—		40,592,721
South Africa		314,390		134,929,931		—		135,244,321
South Korea		1,418,419		170,417,429		—		171,835,848
Taiwan		493,993		176,832,867		—		177,326,860
Thailand		36,793,623		301,161		—		37,094,784
Turkey		2,219,173		45,046,398		—		47,265,571
Preferred Stocks
Brazil		52,955,201		35,080		—		52,990,281
India		—		42,052		—		42,052
Malaysia		19,449		—		—		19,449
Rights/Warrants
Brazil		19		—		—		19
China		—		1,866		—		1,866
Hong Kong		—		22,388		—		22,388
India		—		47,732		—		47,732
Indonesia		17,063		—		—		17,063
Israel		—		2,127		—		2,127
Malaysia		10,695		—		—		10,695
South Korea		25,960		7,613		—		33,573
Thailand		77,832		—		—		77,832
Temporary Cash Investments		—		18,949,000		—		18,949,000
Securities Lending Collateral		—		137,220,227		—		137,220,227
TOTAL	$	321,273,935	$	1,268,819,200		—	$	1,590,093,135

See accompanying Notes to Financial Statements.

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THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap Value Series		The DFA International Value Series		The  Japanese Small Company Series		The Asia  Pacific Small Company Series
ASSETS:
Investments at Value (including $764,728, $1,122,925, $158,416 and $123,916 of securities on loan, respectively)	$	9,040,758	$	6,579,404	$	1,232,258	$	807,969
Temporary Cash Investments at Value & Cost		13,526		14,719		2,134		7,990
Collateral Received from Securities on Loan at Value & Cost		810,261		1,227,844		167,218		141,123
Foreign Currencies at Value		—		13,795		1,468		1,543
Cash		1,528		16		16		16
Receivables:
Investment Securities Sold		29,264		24,493		—		9
Dividends, Interest and Tax Reclaims		6,408		29,850		11,243		1,096
Securities Lending Income		124		1,294		213		171
Fund Shares Sold		466		8,650		22		3,173
Unrealized Gain on Foreign Currency Contracts		—		2		—		—
Prepaid Expenses and Other Assets		18		17		2		2
Total Assets		9,902,353		7,900,084		1,414,574		963,092
LIABILITIES:
Payables:
Upon Return of Securities Loaned		810,261		1,227,844		167,218		141,123
Investment Securities Purchased		24,241		37,337		746		6,231
Fund Shares Redeemed		546		2,343		—		—
Due to Advisor		760		1,141		103		68
Unrealized Loss on Foreign Currency Contracts		—		—		—		2
Accrued Expenses and Other Liabilities		430		327		36		10
Total Liabilities		836,238		1,268,992		168,103		147,434
NET ASSETS	$	9,066,115	$	6,631,092	$	1,246,471	$	815,658
Investments at Cost	$	6,625,645	$	5,098,072	$	1,360,227	$	671,677
Foreign Currencies at Cost	$	—	$	13,784	$	1,474	$	1,531

See accompanying Notes to Financial Statements.

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STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	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
ASSETS:
Investments at Value (including $23,174, $389,187, $76,887, $216,812 and $120,175 of securities on loan, respectively)	$	856,905	$	1,759,609	$	504,078	$	2,271,829	$	1,433,924
Temporary Cash Investments at Value & Cost		3,405		12,605		1,180		5,416		18,949
Collateral Received from Securities on Loan at Value & Cost		24,528		428,928		81,258		206,786		137,220
Foreign Currencies at Value		57		5,905		66		2,600		5,215
Cash		16		15		15		28		7,827
Receivables:
Investment Securities Sold		1,375		19		—		5,137		7,504
Dividends, Interest and Tax Reclaims		3,824		4,966		178		5,810		3,690
Securities Lending Income		13		716		86		171		182
Fund Shares Sold		2,000		5,174		—		2,585		1,995
Unrealized Gain on Foreign Currency Contracts		—		13		—		—		—
Prepaid Expenses and Other Assets		2		4		1		7		4
Total Assets		892,125		2,217,954		586,862		2,500,369		1,616,510
LIABILITIES:
Payables:
Upon Return of Securities Loaned		24,528		428,928		81,258		206,786		137,220
Investment Securities Purchased		—		6,741		—		3,498		34,130
Fund Shares Redeemed		—		—		—		1,202		—
Due to Advisor		72		151		42		194		237
Unrealized Loss on Foreign Currency Contracts		—		—		—		1		2
Deferred Thailand Capital Gains Tax		—		—		—		2,818		1,304
Accrued Expenses and Other Liabilities		41		77		16		180		61
Total Liabilities		24,641		435,897		81,316		214,679		172,954
NET ASSETS	$	867,484	$	1,782,057	$	505,546	$	2,285,690	$	1,443,556
Investments at Cost	$	843,893	$	1,535,415	$	518,319	$	1,068,817	$	1,004,910
Foreign Currencies at Cost	$	57	$	5,662	$	66	$	2,565	$	5,221

See accompanying Notes to Financial Statements.

178

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap  Value Series		The  DFA International Value Series			The Japanese Small Company Series			The  Asia Pacific Small Company Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $7,240, $953 and $216, respectively)	$	69,221	$	73,366		$	12,683		$	9,502
Interest		23		20			1			4
Income from Securities Lending		2,477		3,155			1,398			1,054
Total Investment Income		71,721		76,541			14,082			10,560
Expenses
Investment Advisory Services Fees		4,170		6,492			582			369
Accounting & Transfer Agent Fees		413		327			69			48
Custodian Fees		37		373			85			133
Shareholders’ Reports		31		24			5			2
Directors’/Trustees’ Fees & Expenses		47		37			7			4
Professional Fees		113		86			19			10
Other		44		51			11			4
Total Expenses		4,855		7,390			778			570
Net Investment Income (Loss)		66,866		69,151			13,304			9,990
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		396,358		124,884			(20,408	)		13,980
Foreign Currency Transactions		—		(1,586	)		104			4
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,253,743		85,507			87,069			68,626
Translation of Foreign Currency Denominated Amounts		—		(272	)		(215	)		(69	)
Net Realized and Unrealized Gain (Loss)		1,650,101		208,533			66,550			82,541
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,716,967	$	277,684		$	79,854		$	92,531

See accompanying Notes to Financial Statements.

179

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	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
Investment Income
Dividends (Net of Foreign Taxes Withheld of $50, $2,396, $350, $2,044 and $991, respectively)	$	11,036		$	14,503		$	2,021		$	19,658		$	11,170
Interest		2			6			2			3			2
Income from Securities Lending		76			2,209			512			919			1,051
Total Investment Income		11,114			16,718			2,535			20,580			12,223
Expenses
Investment Advisory Services Fees		400			851			221			1,126			1,293
Accounting & Transfer Agent Fees		51			95			34			122			75
Custodian Fees		26			160			34			600			464
Shareholders’ Reports		3			6			1			8			4
Directors’/Trustees’ Fees & Expenses		4			10			2			13			7
Professional Fees		10			21			5			46			30
Other		6			12			2			22			9
Total Expenses		500			1,155			299			1,937			1,882
Net Investment Income (Loss)		10,614			15,563			2,236			18,643			10,341
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(7,362	)		13,048			(275	)		115,427			82,786
Foreign Currency Transactions		(142	)		(201	)		23			419			32
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		70,645			56,916			111,693			168,073			135,655
Translation of Foreign Currency Denominated Amounts		(33	)		(128	)		(12	)		(34	)		(138	)
Change in Deferred Thailand Capital Gains Tax		—			—			—			(664	)		(359	)
Net Realized and Unrealized Gain (Loss)		63,108			69,635			111,429			283,221			217,976
Net Increase (Decrease) in Net Assets Resulting from Operations	$	73,722		$	85,198		$	113,665		$	301,864		$	228,317

See accompanying Notes to Financial Statements.

180

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STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Cap Value Series						The DFA International Value Series						The Japanese Small  Company Series
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	66,866		$	155,080		$	69,151		$	161,170		$	13,304		$	23,685
Net Realized Gain (Loss) on:
Investment Securities Sold		396,358			(122,113	)		124,884			63,984			(20,408	)		(27,421	)
Futures		—			7,204			—			(1,125	)		—			1,131
Foreign Currency Transactions		—			—			(1,586	)		3,828			104			2,027
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,253,743			1,161,370			85,507			1,395,836			87,069			227,157
Futures		—			(29	)		—			—			—			—
Translation of Foreign Currency Denominated Amounts		—			—			(272	)		240			(215	)		(641	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,716,967			1,201,512			277,684			1,623,933			79,854			225,938
Transactions in Interest:
Contributions		200,582			734,173			351,725			449,410			8,728			37,597
Withdrawals		(359,834	)		(1,166,648	)		(190,281	)		(581,716	)		(25,147	)		(143,463	)
Net Increase (Decrease) from Transactions in Interest		(159,252	)		(432,475	)		161,444			(132,306	)		(16,419	)		(105,866	)
Total Increase (Decrease) in Net Assets		1,557,715			769,037			439,128			1,491,627			63,435			120,072
Net Assets
Beginning of Period		7,508,400			6,739,363			6,191,964			4,700,337			1,183,036			1,062,964
End of Period	$	9,066,115		$	7,508,400		$	6,631,092		$	6,191,964		$	1,246,471		$	1,183,036

See accompanying Notes to Financial Statements.

181

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
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	9,990		$	19,547		$	10,614		$	23,533		$	15,563		$	36,091
Net Realized Gain (Loss) on:
Investment Securities Sold		13,980			(32,245	)		(7,362	)		(34,448	)		13,048			(13,321	)
Futures		—			(432	)		—			534			—			(476	)
Foreign Currency Transactions		4			146			(142	)		(50	)		(201	)		(549	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		68,626			330,580			70,645			234,459			56,916			468,759
Futures		—			(3	)		—			(1	)		—			(9	)
Translation of Foreign Currency Denominated Amounts		(69	)		209			(33	)		(199	)		(128	)		305
Net Increase (Decrease) in Net Assets Resulting from Operations		92,531			317,802			73,722			223,828			85,198			490,800
Transactions in Interest:
Contributions		55,288			21,607			25,966			26,861			87,877			118,904
Withdrawals		(13,158	)		(99,649	)		(2,676	)		(35,607	)		(21,910	)		(90,397	)
Net Increase (Decrease) from Transactions in Interest		42,130			(78,042	)		23,290			(8,746	)		65,967			28,507
Total Increase (Decrease) in Net Assets		134,661			239,760			97,012			215,082			151,165			519,307
Net Assets
Beginning of Period		680,997			441,237			770,472			555,390			1,630,892			1,111,585
End of Period	$	815,658		$	680,997		$	867,484		$	770,472		$	1,782,057		$	1,630,892

See accompanying Notes to Financial Statements.

182

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Canadian Small Company Series						The Emerging Markets Series						The Emerging Markets Small Cap Series
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	2,236		$	3,432		$	18,643		$	43,700		$	10,341		$	20,144
Net Realized Gain (Loss) on:
Investment Securities Sold		(275	)		(38,817	)		115,427			40,421			82,786			(13,070	)
Futures		—			(322	)		—			(2,920	)		—			(181	)
Foreign Currency Transactions		23			(182	)		419			(24	)		32			(182	)
In-Kind Redemptions		—			—			—			17,805	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		111,693			159,928			168,073			642,058			135,655			535,144
Futures		—			—			—			(32	)		—			(10	)
Translation of Foreign Currency Denominated Amounts		(12	)		19			(34	)		210			(138	)		185
Change in Deferred Thailand Capital Gains Tax		—			—			(664	)		(1,366	)		(359	)		(786	)
Net Increase (Decrease) in Net Assets Resulting from Operations		113,665			124,058			301,864			739,852			228,317			541,244
Transactions in Interest:
Contributions		26,700			37,000			62,327			162,102			149,243			168,060
Withdrawals		—			(28,750	)		(187,817	)		(417,162	)*		(101,977	)		(107,710	)
Net Increase (Decrease) from Transactions in Interest		26,700			8,250			(125,490	)		(255,060	)		47,266			60,350
Total Increase (Decrease) in Net Assets		140,365			132,308			176,374			484,792			275,583			601,594
Net Assets
Beginning of Period		365,181			232,873			2,109,316			1,624,524			1,167,973			566,379
End of Period	$	505,546		$	365,181		$	2,285,690		$	2,109,316		$	1,443,556		$	1,167,973

 *  See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

183

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The U.S. Large Cap Value Series†
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	23.01	%(C)	11.90	%	(36.53	)%(C)	(0.32	)%	18.16	%	14.66	%	21.68	%
Net Assets, End of Period (thousands)	$9,066,115		$7,508,400		$6,739,363		$10,159,322		$8,866,306		$5,831,587		$3,919,913
Ratio of Expenses to Average Net Assets	0.12	%(B)	0.13	%	0.11	%(B)	0.11	%	0.12	%	0.14	%	0.15	%
Ratio of Net Investment Income to Average Net Assets	1.62	%(B)	2.42	%	1.97	%(B)	1.44	%	1.68	%	1.56	%	1.41	%
Portfolio Turnover Rate	15	%(C)	29	%	19	%(C)	9	%	13	%	9	%	7	%
	The DFA International Value Series†
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	4.47	%(C)	35.41	%	(47.87	)%(C)	17.32	%	35.73	%	15.61	%	32.15	%
Net Assets, End of Period (thousands)	$6,631,092		$6,191,964		$4,700,337		$9,638,721		$7,457,252		$4,367,698		$2,804,043
Ratio of Expenses to Average Net Assets	0.23	%(B)	0.24	%	0.23	%(B)	0.23	%	0.23	%	0.27	%	0.28	%
Ratio of Net Investment Income to Average Net Assets	2.15	%(B)	3.22	%	4.15	%(B)	3.04	%	3.29	%	2.71	%	2.35	%
Portfolio Turnover Rate	7	%(C)	18	%	16	%(C)	16	%	8	%	10	%	15	%

See page 1 for the Definitions of Abbreviations and Footnotes.

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

184

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Japanese Small Company Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	6.92	%(C)	22.69	%	(26.87	)%(C)	(1.16	)%	(2.28	)%	31.03	%	32.73	%
Net Assets, End of Period (thousands)	$1,246,471		$1,183,036		$1,062,964		$1,504,821		$1,385,722		$1,151,429		$605,132
Ratio of Expenses to Average Net Assets	0.13	%(B)	0.15	%	0.13	%(B)	0.13	%	0.14	%	0.22	%	0.27	%
Ratio of Net Investment Income to Average Net Assets	2.30	%(B)	2.15	%	2.64	%(B)	1.94	%	1.68	%	1.51	%	1.45	%
Portfolio Turnover Rate	5	%(C)	7	%	10	%(C)	9	%	9	%	6	%	5	%
	The Asia Pacific Small Company Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	13.54	%(C)	84.98	%	(57.75	)%(C)	47.23	%	38.26	%	9.30	%	27.40	%
Net Assets, End of Period (thousands)	$815,658		$680,997		$441,237		$1,205,154		$749,627		$395,923		$282,999
Ratio of Expenses to Average Net Assets	0.16	%(B)	0.18	%	0.15	%(B)	0.15	%	0.17	%	0.27	%	0.32	%
Ratio of Net Investment Income to Average Net Assets	2.73	%(B)	4.00	%	4.33	%(B)	3.58	%	4.19	%	4.33	%	3.82	%
Portfolio Turnover Rate	7	%(C)	23	%	20	%(C)	25	%	14	%	10	%	11	%

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

See accompanying Notes to Financial Statements.

185

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The United Kingdom Small Company Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	9.42	%(C)	43.51	%	(50.77	)%(C)	2.42	%	44.80	%	12.88	%	29.68	%
Net Assets, End of Period (thousands)	$867,484		$770,472		$555,390		$1,158,580		$1,117,826		$643,038		$377,763
Ratio of Expenses to Average Net Assets	0.13	%(B)	0.14	%	0.12	%(B)	0.12	%	0.13	%	0.22	%	0.27	%
Ratio of Net Investment Income to Average Net Assets	2.68	%(B)	4.02	%	3.79	%(B)	2.72	%	2.70	%	3.19	%	2.70	%
Portfolio Turnover Rate	2	%(C)	10	%	25	%(C)	12	%	8	%	12	%	7	%
	The Continental Small Company Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	5.25	%(C)	43.78	%	(49.66	)%(C)	17.49	%	47.10	%	18.97	%	36.57	%
Net Assets, End of Period (thousands)	$1,782,057		$1,630,892		$1,111,585		$2,256,122		$1,875,194		$981,938		$654,644
Ratio of Expenses to Average Net Assets	0.14	%(B)	0.16	%	0.14	%(B)	0.14	%	0.15	%	0.24	%	0.26	%
Ratio of Net Investment Income to Average Net Assets	1.84	%(B)	2.93	%	3.49	%(B)	2.16	%	2.27	%	2.16	%	2.09	%
Portfolio Turnover Rate	2	%(C)	7	%	18	%(C)	12	%	7	%	18	%	9	%

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

See accompanying Notes to Financial Statements.

186

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Canadian Small Company Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Period April 2, 2007(a) to Nov. 30, 2007
	(Unaudited)
Total Return	30.41	%(C)	61.67	%	(56.44	)%(C)	10.20	%(C)
Net Assets, End of Period (thousands)	$505,546		$365,181		$232,873		$213,529
Ratio of Expenses to Average Net Assets	0.14	%(B)	0.17	%	0.18	%(B)	0.26	%(B)(E)
Ratio of Net Investment Income to Average Net Assets	1.02	%(B)	1.37	%	0.97	%(B)	0.47	%(B)(E)
Portfolio Turnover Rate	4	%(C)	23	%	21	%(C)	6	%(C)

	The Emerging Markets Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	14.61	%(C)	53.99	%	(48.15	)%(C)	42.62	%	31.87	%	31.23	%	35.47	%
Net Assets, End of Period (thousands)	$2,285,690		$2,109,316		$1,624,524		$3,707,790		$2,414,971		$1,852,565		$1,160,262
Ratio of Expenses to Average Net Assets	0.17	%(B)	0.20	%	0.18	%(B)	0.19	%	0.20	%	0.27	%	0.31	%
Ratio of Net Investment Income to Average Net Assets	1.67	%(B)	2.57	%	3.00	%(B)	2.52	%	2.54	%	3.70	%	2.63	%
Portfolio Turnover Rate	6	%(C)	14	%	19	%(C)	7	%	11	%	9	%	2	%

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

See accompanying Notes to Financial Statements.

187

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Emerging Markets Small Cap Series
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Year Ended Nov. 30, 2006		Year Ended Nov. 30, 2005		Year Ended Nov. 30, 2004
	(Unaudited)
Total Return	19.98	%(C)	92.08	%	(56.84	)%(C)	43.32	%	40.55	%	24.85	%	35.22	%
Net Assets, End of Period (thousands)	$1,443,556		$1,167,973		$566,379		$1,525,571		$903,529		$545,271		$237,865
Ratio of Expenses to Average Net Assets	0.29	%(B)	0.33	%	0.30	%(B)	0.31	%	0.34	%	0.49	%	0.52	%
Ratio of Net Investment Income to Average Net Assets	1.61	%(B)	2.52	%	3.07	%(B)	1.94	%	2.39	%	2.70	%	1.93	%
Portfolio Turnover Rate	13	%(C)	13	%	19	%(C)	16	%	18	%	8	%	11	%

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

See accompanying Notes to Financial Statements.

188

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 thirteen investment portfolios, of which nine are included in this section of the report (collectively, the “Series”), and four are presented in separate reports.

Domestic Equity Portfolio	International Equity Portfolios
The U.S. Large Cap Value Series	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

Effective December 31, 2008 and November 1, 2008, The U.S. Large Cap Value Series and The DFA International Value Series, respectively, each a master fund in a RIC/RIC master-feeder structure, elected with the consent of their respective Holder(s) to change their U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. Each Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

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 Portfolio 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 Portfolio 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 Portfolio 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 New York Stock Exchange (NYSE).

189

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 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 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. 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). 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.

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

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Series’ own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2.    Foreign Currency Translation:    Securities and other assets and liabilities of the International Equity Portfolios, 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 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.

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

190

securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the International Equity Portfolios 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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses.

Each Trustee has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Trustee shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board of the Fund (unless the Trustee files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Trustees have requested or received a distribution of proceeds of a deferred fee account.

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 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 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 Series 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 Series are also subject to a 15% 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.

191

C. Investment Advisor:

Dimensional Fund Advisors LP (“Dimensional” or the “Advisor”) provides investment advisory services to the Trust. For the six months ended April 30, 2010, 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 Cap Value 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	%

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 April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (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:

At April 30, 2010, 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):

The U.S. Large Cap Value Series	$	207
The DFA International Value Series		165
The Japanese Small Company Series		29
The Asia Pacific Small Company Series		18
The United Kingdom Small Company Series		20
The Continental Small Company Series		43
The Canadian Small Company Series		11
The Emerging Markets Series		58
The Emerging Markets Small Cap Series		32

E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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	Sales
The U.S. Large Cap Value Series	$1,202,203	$1,311,220
The DFA International Value Series	671,110	459,246
The Japanese Small Company Series	60,618	67,170
The Asia Pacific Small Company Series	95,922	50,036
The United Kingdom Small Company Series	41,821	14,254
The Continental Small Company Series	110,661	41,279
The Canadian Small Company Series	42,504	15,233

192

	Purchases	Sales
The Emerging Markets Series	$141,527	$256,214
The Emerging Markets Small Cap Series	217,614	165,486

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

F. Federal Income Taxes:

No provision for federal income taxes is required since the Series are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective 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 federal income tax purposes. At October 31, 2009, the following Series had cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the year ended October 31, 2009, realized gains on the sale of passive foreign investment companies have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes. Amounts listed below are in thousands.

	Mark to Market	Realized Gains
The Japanese Small Company Series	$  801	—
The Asia Pacific Small Company Series	241	$385
The United Kingdom Small Company Series	2,879	256
The Continental Small Company Series	6,098	—
The Emerging Markets Small Cap Series	476	—

At April 30, 2010, 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)
The U.S. Large Cap Value Series	$7,449,432	$2,458,439	$  (43,326)	$2,415,113
The DFA International Value Series	6,340,818	1,567,466	(86,317)	1,481,149
The Japanese Small Company Series	1,531,200	144,977	(274,567)	(129,590)
The Asia Pacific Small Company Series	825,137	252,014	(120,069)	131,945
The United Kingdom Small Company Series	876,464	195,235	(186,861)	8,374
The Continental Small Company Series	1,978,279	488,326	(265,463)	222,863
The Canadian Small Company Series	600,757	85,467	(99,708)	(14,241)
The Emerging Markets Series	1,281,515	1,221,932	(19,416)	1,202,516
The Emerging Markets Small Cap Series	1,161,967	519,058	(90,932)	428,126

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed each Series’ tax positions and has concluded that no provision for income tax is required in any Series’ financial statements. No Series is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Series’ federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax

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purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-In            Capital	Unrealized Appreciation (Depreciation) Investment Securities	Increase (Decrease) Undistributed   Net Investment   Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(3,038,312,278)	$2,303,664,484	$(698,899)	$735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

G. 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 certain U.S. Government securities 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 April 30, 2010.

194

2.    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.

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Series.

3.    Futures Contracts:    The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. 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 record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, 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.

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. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statements of Operations and the realized and change in unrealized gain or loss over the reporting period.

At April 30, 2010, the Series’ had no outstanding futures contracts.

H. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 rates agreed upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

For the six months ended April 30, 2010, 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	2.00%	$7,639	4	$2	$17,897

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

195

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011.

For the six months ended April 30, 2010, 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	0.92%	$1,537	1	—	$  1,537
The Japanese Small Company Series	0.88%	97	9	—	199
The Asia Pacific Small Company Series	0.86%	224	16	—	687
The United Kingdom Small Company Series	0.87%	75	1	—	75
The Emerging Markets Series	0.86%	7,158	34	$  6	41,407
The Emerging Markets Small Cap Series	0.90%	3,247	31	3	6,471

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

I. Securities Lending:

As of April 30, 2010, some of the Series had securities on loan to brokers/dealers, for which each Series received 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 expected 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, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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 their stated investment policies, each Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, 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.

196

J. Indemnitees; Contractual Obligations:

Under the Trust’s organizational documents, its officers and directors are indemnified against certain liabilities 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.

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 year ended October 31, 2009, The Emerging Markets Series realized net gains of $17,805 (in thousands) of in-kind redemptions.

L. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Series and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE 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 costs 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 April 30, 2010

EXPENSE TABLE

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$1,000.00	$1,161.30	0.84%	$4.50
Institutional Class Shares	$1,000.00	$1,161.80	0.59%	$3.16
Hypothetical 5% Annual Return
Class R2 Shares	$1,000.00	$1,020.63	0.84%	$4.21
Institutional Class Shares	$1,000.00	$1,021.87	0.59%	$2.96

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE 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 DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 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%

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DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

EMERGING MARKETS VALUE PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in Dimensional Emerging Markets Value Fund	$	9,276,613,413
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $6,533,359,017)	$	9,276,613,413

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	9,276,613,413	—	—	$	9,276,613,413

See accompanying Notes to Financial Statements.

200

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

ASSETS:
Investment in Dimensional Emerging Markets Value Fund (Affiliated Investment Company) at Value	$	9,276,613
Receivables:
Fund Shares Sold		8,536
Prepaid Expenses and Other Assets		60
Total Assets		9,285,209
LIABILITIES:
Payables:
Affiliated Investment Company Purchased		6,206
Fund Shares Redeemed		2,330
Due to Advisor		3,131
Accrued Expenses and Other Liabilities		255
Total Liabilities		11,922
NET ASSETS	$	9,273,287
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares - based on net assets of $36,537 and shares outstanding of 17,859,347	$	2.05
NUMBER OF SHARES AUTHORIZED		100,000,000
Institutional Class Shares - based on net assets of $9,236,750 and shares outstanding of 282,322,291	$	32.72
NUMBER OF SHARES AUTHORIZED		1,500,000,000
Investments in Affiliated Investment Company at Cost	$	6,533,359
NET ASSETS CONSIST OF:
Paid-In Capital	$	6,171,770
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		21,708
Accumulated Net Realized Gain (Loss)		338,171
Deferred Thailand Capital Gains Tax		(1,890	)
Net Unrealized Foreign Exchange Gain (Loss)		274
Net Unrealized Appreciation (Depreciation)		2,743,254
NET ASSETS	$	9,273,287

See accompanying Notes to Financial Statements.

201

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $5,940)	$	54,460
Interest		27
Income from Securities Lending		4,139
Expenses Allocated from Affiliated Investment Company		(7,273	)
Total Investment Income		51,353
Expenses
Administrative Services Fees		16,850
Accounting & Transfer Agent Fees		67
Filing Fees		83
Shareholder Servicing Fees — Class R2 Shares		25
Shareholders’ Reports		65
Directors’/Trustees’ Fees & Expenses		47
Professional Fees		61
Other		31
Total Expenses		17,229
Net Investment Income (Loss)		34,124
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		338,925
Foreign Currency Transactions		(480	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,462,680
Translation of Foreign Currency Denominated Amounts		274
Change in Deferred Thailand Capital Gains Tax		(1,890	)
Net Realized and Unrealized Gain (Loss)		1,799,509
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,833,633

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.

202

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	34,124		$	89,732
Net Realized Gain (Loss) on:
Investment Securities Sold		338,925			76,523
Foreign Currency Transactions		(480	)		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,462,680			2,867,814
Translation of Foreign Currency Denominated Amounts		274			—
Change in Deferred Thailand Capital Gains Tax		(1,890	)		—
Net Increase (Decrease) in Net Assets Resulting from Operations		1,833,633			3,034,069
Distributions From:
Net Investment Income:
Class R2 Shares		(191	)		(427	)
Institutional Class Shares		(24,799	)		(77,134	)
Net Short-Term Gains:
Class R2 Shares		(514	)		(76	)
Institutional Class Shares		(65,356	)		(36,974	)
Net Long-Term Gains:
Class R2 Shares		(909	)		(1,070	)
Institutional Class Shares		(115,729	)		(517,440	)
Total Distributions		(207,498	)		(633,121	)
Capital Share Transactions:
Shares Issued		1,776,096			1,980,752
Shares Issued in Lieu of Cash Distributions		191,395			576,478
Shares Redeemed		(1,726,687	)		(1,289,209	)
Net Increase (Decrease) from Capital Share Transactions		240,804			1,268,021
Total Increase (Decrease) in Net Assets		1,866,939			3,668,969
Net Assets
Beginning of Period		7,406,348			3,737,379
End of Period	$	9,273,287		$	7,406,348
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	21,708		$	12,574

See accompanying Notes to Financial Statements.

203

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Class R2 Shares
	Six Months Ended April 30, 2010		Year Ended Oct. 31, 2009		Period Jan. 29, 2008(a) to Oct. 31, 2008
	(Unaudited)
Net Asset Value, Beginning of Period	$    2.50		$  4.56		$  10.00
Income from Investment Operations
Net Investment Income (Loss)(A)	0.01		0.03		0.21
Net Gains (Losses) on Securities (Realized and Unrealized)	0.33		1.14		(4.93	)
Total from Investment Operations	0.34		1.17		(4.72	)
Less Distributions
Net Investment Income	(0.09	)	(0.32	)	(0.72	)
Net Realized Gains	(0.70	)	(2.91	)	—
Total Distributions	(0.79	)	(3.23	)	(0.72	)
Net Asset Value, End of Period	$    2.05		$  2.50		$   4.56
Total Return	16.13	%(C)	78.29	%	(50.51	)%(C)
Net Assets, End of Period (thousands)	$36,537		$5,082		$ 1,799
Ratio of Expenses to Average Net Assets (D)	0.84	%(B)	0.90	%	0.92	%(B)(E)
Ratio of Net Investment Income to Average Net Assets	0.83	%(B)	1.39	%	3.35	%(B)(E)

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

See accompanying Notes to Financial Statements.

204

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Institutional Class Shares
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	28.90		$	19.36		$	45.85		$	31.26		$	22.86		$	17.93		$	12.53	��
Income from Investment Operations
Net Investment Income (Loss)		0.13	(A)		0.38	(A)		0.98	(A)		0.78	(A)		0.60	(A)		0.50			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		4.49			12.41			(25.48	)		14.82			8.65			4.96			5.54
Total from Investment Operations		4.62			12.79			(24.50	)		15.60			9.25			5.46			5.75
Less Distributions
Net Investment Income		(0.10	)		(0.34	)		(1.00	)		(0.63	)		(0.60	)		(0.44	)		(0.35	)
Net Realized Gains		(0.70	)		(2.91	)		(0.99	)		(0.38	)		(0.25	)		(0.09	)		—
Total Distributions		(0.80	)		(3.25	)		(1.99	)		(1.01	)		(0.85	)		(0.53	)		(0.35	)
Net Asset Value, End of Period	$	32.72		$	28.90		$	19.36		$	45.85		$	31.26		$	22.86		$	17.93
Total Return		16.18	%(C)		78.59	%		(55.65	)%(C)		50.98	%		41.55	%		31.06	%		46.76	%
Net Assets, End of Period (thousands)	$	9,236,750		$	7,401,266		$	3,735,580		$	7,485,802		$	4,283,696		$	2,077,480		$	895,313
Ratio of Expenses to Average Net Assets (D)		0.59	%(B)		0.62	%		0.60	%(B)		0.60	%		0.63	%		0.70	%		0.77	%
Ratio of Net Investment Income to Average Net Assets		0.82	%(B)		1.76	%		2.82	%(B)		2.00	%		2.22	%		2.45	%		1.37	%

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

See accompanying Notes to Financial Statements.

205

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

DFA Investment Dimensions Group Inc. (the “Group”) is an open-end management investment company whose shares are offered, without a sales charge, generally to institutional investors and clients of registered investment advisors. The Group offers fifty-seven operational portfolios, one of which, Emerging Markets Value Portfolio (the “Portfolio”) is included in this report. The remaining fifty-six portfolios are presented in separate reports.

The Portfolio primarily invests all of its assets in Dimensional Emerging Markets Value Fund (the “Fund”, formerly, Dimensional Emerging Markets Value Fund Inc.). At April 30, 2010, the Portfolio owned 95% of the Fund. The financial statements of the Fund are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

Effective November 1, 2009, Dimensional Emerging Markets Value Fund (“DEM II”), a master fund in a master-feeder structure, elected with the consent of its Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation §301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the Fund is a result of the treatment of a partnership for book purposes. DEM II and the Portfolio will maintain their books and records and present their financial statements in accordance with generally accepted accounting principles for investment partnerships.

On January 29, 2008, Class R2 shares commenced operations. As of April 30, 2010, Class R1 has 100,000,000 authorized shares and has not commenced operations.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

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 Group 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 Fund.

The Portfolio utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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)

A summary of the inputs used to value the Portfolio’s investments by each major security type, industry and/or country is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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2.    Deferred Compensation Plan:    Each eligible Director of the Group 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 & Expenses. At April 30, 2010, 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 $209 (in thousands).

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 foreign currency from the Fund, 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 Directors/Trustees, generally based on average net assets.

Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of the Portfolio. Income, gains and losses, and common expenses of the Portfolio are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

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 the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Fund. For the six months ended April 30, 2010, 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 average daily net assets.

Pursuant to the Fee Waiver and Expense Assumption Agreement for the Class R2 Shares of the Emerging Markets Value Portfolio, the Advisor has contractually agreed to assume the Portfolio’s direct expenses (excluding management fees and custodian fees) to the extent necessary to limit the expenses of the Class R2 Shares of the Portfolio to 0.96% of its average net assets on an annualized basis. At any time that the annualized expenses of the Portfolio are less than 0.96% 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 0.96% 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

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more than thirty-six months before the date of such recovery. The Fee Waiver and Expense Assumption Agreement will remain in effect until March 1, 2011, and shall continue in effect from year to year thereafter, unless terminated by the Group or the Advisor. At April 30, 2010, there were no fees subject to future recovery by the Advisor.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Group; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Group. For the six months ended April 30, 2010, the total related amounts paid by the Group to the CCO were $108 (in thousands). The total related amount paid by the Portfolio is 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 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 October 31, 2009, 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)
$(76,651)	$(6,069)	$82,720

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains		Total
2007	$110,158	$	51,893	$162,051
2008	210,872		193,750	404,622
2009	114,611		518,510	633,121

At October 31, 2009, 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
$11,386	$8,867	$20,253

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At October 31, 2009, 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)
$78,548	$116,405	$194,953

For federal income tax purposes, the Portfolio measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

At April 30, 2010, 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)
$6,543,553	$2,595,425	$137,635	$2,733,060

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed each Portfolios’ tax positions and has concluded that no provision for income tax is required in any Portfolios’ financial statements. No Portfolio is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Portfolios’ federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

Effective November 1, 2009, Dimensional Emerging Markets Value Fund (“DEM II”), a master fund in a master-feeder structure with one RIC feeder (Emerging Markets Value Portfolio) and other direct client investors, made a “Check-the-Box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change their federal entity classifications from a corporation taxable as a regulated investment company to a partnership. DEM II and the Portfolio will maintain their books and records and present their financial statements in accordance with generally accepted accounting principals for investment partnerships. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities on October 31, 2009 to its shareholders in liquidation of the master fund. Since the master fund has a shareholder owning 80% or more of the fund’s shares, and also has shareholders owning less than 80%, the transaction creates a non-taxable transaction, pursuant to Internal Revenue Code §332, for those owning more than 80%, and a taxable transaction, pursuant to Internal Revenue Code §331, for those shareholders owning less than 80%. Immediately after the deemed liquidation, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of the master fund was October 31, 2009.

For federal income tax purposes, pursuant to Code §336(a), the master fund recognizes gain or loss relative to the investment of the less than 80% shareholders as if the master’s investment securities were sold to those shareholders and, pursuant to Code §331, each of those shareholders recognizes gain or loss as if it liquidated its investment in the master. Pursuant to Code §334(a), each of these shareholders will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date. In regards to the shareholder owning 80% or more of the master fund, pursuant to Code §332(a), the shareholder will not recognize any gain or loss on the deemed liquidation. However, pursuant to Code §332(c), a portion of the deemed distribution, which otherwise would have been tax-free as discussed above, since it is utilized by the master fund to satisfy its dividends paid deduction for the tax year, must be recognized and treated as a dividend by the 80% or greater shareholder. Pursuant to Code §334(b)(1) and §1223, the 80% or greater shareholder’s basis and holding period in the securities received in liquidation is the same as it was in the possession of the master.

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The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-in Capital	Unrealized Appreciation (Depreciation) Investment Securities	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$1,370,229,576	$(1,383,011,838)	$1,404,500	$11,377,762

As a result of the transaction, Dimensional Emerging Markets Value Fund recognized a $104,402,506 and ($16,523) capital gain and currency loss respectively, for the tax year ended October 31, 2009.

Emerging Markets Value Portfolio which was impacted by the “Check the Box” election also had a permanent book/tax difference resulting from the transaction. For financial statement purposes, this adjustment did not result in any changes to the Portfolio’s net assets or net asset value per share. The following summary of permanent differences occurred as of the effective “Check the Box” election date.

Increase (Decrease) Paid-in Capital	Unrealized Appreciation (Depreciation) Investment Securities	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(154,596,409)	$(82,593,386)	$237,189,795

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

E. Capital Share Transactions:

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

	Six  Months Ended April 30, 2010					Year Ended Oct. 31, 2009
	Amount			Shares		Amount			Shares
Class R2 Shares
Shares Issued	$	31,006		16,193		$	2,967		1,723
Shares Issued in Lieu of Cash Distributions		1,613		845			1,574		942
Shares Redeemed		(85,010	)	(1,214	)		(2,169	)	(1,024	)
Net Increase (Decrease) — Class R2 Shares	$	(52,391	)	15,824		$	2,372		1,641
Institutional Class Shares
Shares Issued	$	1,745,090		51,748		$	1,977,785		91,360
Shares Issued in Lieu of Cash Distributions		189,782		6,231			574,904		34,181
Shares Redeemed		(1,641,677	)	(31,772	)		(1,287,040	)	(62,335	)
Net Increase (Decrease) — Institutional Class Shares	$	293,195		26,207		$	1,265,649		63,206

F. Line of Credit:

The Portfolio, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 rates agreed upon 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 discretionary line of credit may be terminated by either party at

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any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

The Portfolio, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolio under this line credit during the six months ended April 30, 2010.

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 Emerging Markets Value Portfolio Class R2 Shares.

H. Indemnitees; Contractual Obligations:

Under the Group’s organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Group.

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

I. Other:

At April 30, 2010, one shareholder held approximately 83% of the outstanding shares of Class R2 Shares and two shareholders held 28% of the outstanding shares of the Institutional Class Shares of the Portfolio. One or more of the shareholders of the Institutional Class Shares is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

J. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolio and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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DIMENSIONAL EMERGING MARKETS VALUE FUND

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 costs 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 April 30, 2010

EXPENSE TABLE

	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense     Ratio*	Expenses Paid During  Period*
Actual Fund Return	$1,000.00	$1,164.20	0.17%	$0.91
Hypothetical 5% Annual Return	$1,000.00	$1,023.95	0.17%	$0.85

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

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DIMENSIONAL EMERGING MARKETS VALUE FUND

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 Emerging Markets Value Fund, this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. Dimensional Emerging Markets Value Fund filed its most recent Form N-Q with the SEC on March 31, 2010. It is available upon request without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

Dimensional Emerging Markets Value Fund
Consumer Discretionary	8.6%
Consumer Staples	6.4%
Energy	11.5%
Financials	29.6%
Health Care	0.9%
Industrials	11.6%
Information Technology	7.4%
Materials	20.8%
Other	—
Telecommunication Services	1.7%
Utilities	1.5%
	100.0%

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DIMENSIONAL EMERGING MARKETS VALUE FUND

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (87.7%)
BRAZIL — (6.1%)
Banco Santander Brasil SA ADR	4,239,902	$	49,310,060		0.5%
BM&F Bovespa SA	13,089,600		86,222,304		0.9%
#*Fibria Celulose SA Sponsored ADR	2,219,331		44,053,720		0.4%
Other Securities			455,206,471		4.7%
TOTAL BRAZIL			634,792,555		6.5%
CHILE — (2.4%)
Empresas CMPC SA	1,512,741		64,713,075		0.7%
Enersis SA Sponsored ADR	3,017,368		60,015,450		0.6%
Other Securities			123,390,586		1.3%
TOTAL CHILE			248,119,111		2.6%
CHINA — (10.8%)
#Bank of China, Ltd.	285,846,000		147,149,279		1.5%
Beijing Enterprises Holdings, Ltd.	5,599,500		36,218,301		0.4%
#Chaoda Modern Agriculture (Holdings), Ltd.	30,559,412		34,822,738		0.4%
China Construction Bank Corp.	72,842,000		59,245,133		0.6%
China Unicom Hong Kong, Ltd. ADR	3,936,592		48,931,839		0.5%
#Shanghai Industrial Holdings, Ltd.	7,847,000		34,002,263		0.3%
Other Securities			774,530,565		7.9%
TOTAL CHINA			1,134,900,118		11.6%
CZECH REPUBLIC — (0.4%)
Other Securities			42,452,029		0.4%
HUNGARY — (1.6%)
*MOL Hungarian Oil & Gas NYRT	501,231		50,754,320		0.5%
#*OTP Bank NYRT	2,963,372		104,166,877		1.1%
Other Securities			15,317,240		0.2%
TOTAL HUNGARY			170,238,437		1.8%
INDIA — (10.8%)
ICICI Bank, Ltd. Sponsored ADR	3,310,395		140,757,995		1.4%
Reliance Industries, Ltd.	8,387,330		193,749,038		2.0%
Tata Steel, Ltd.	2,571,275		35,472,946		0.4%
Other Securities			762,057,882		7.8%
TOTAL INDIA			1,132,037,861		11.6%
INDONESIA — (2.7%)
PT Bumi Resources Tbk	203,907,500		52,330,845		0.6%
Other Securities			227,707,301		2.3%
TOTAL INDONESIA			280,038,146		2.9%
ISRAEL — (1.8%)
*Bank Hapoalim B.M.	9,381,586		37,771,747		0.4%
*Bank Leumi Le-Israel B.M.	8,608,708		36,762,416		0.4%
Other Securities			113,946,589		1.1%
TOTAL ISRAEL			188,480,752		1.9%
MALAYSIA — (3.6%)
AMMB Holdings Berhad	21,831,262		33,897,062		0.4%
PPB Group Berhad	6,909,766		38,448,675		0.4%
Other Securities			305,555,198		3.1%
TOTAL MALAYSIA			377,900,935		3.9%

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DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††		Percentage of Net Assets**
MEXICO — (6.1%)
#*Cemex S.A.B. de C.V. Sponsored ADR	9,390,578	$	111,560,067		1.1%
#*Fomento Economico Mexicano S.A.B. de C.V. Sponsored ADR	1,360,037		64,370,551		0.7%
#Grupo Carso S.A.B. de C.V. Series A-1	10,578,093		38,696,202		0.4%
#Grupo Financiero Banorte S.A.B. de C.V.	10,027,360		40,313,860		0.4%
#Grupo Mexico S.A.B. de C.V. Series B	24,866,224		65,617,870		0.7%
#*Organizacion Soriana S.A.B. de C.V. Series B	14,451,500		43,217,465		0.4%
Other Securities			273,544,576		2.8%
TOTAL MEXICO			637,320,591		6.5%
PHILIPPINES — (0.8%)
Other Securities			79,438,253		0.8%
POLAND — (1.9%)
*Polski Koncern Naftowy Orlen SA	5,310,008		69,944,404		0.7%
Other Securities			131,167,250		1.4%
TOTAL POLAND			201,111,654		2.1%
RUSSIA — (4.4%)
*Gazprom OAO Sponsored ADR	13,511,358		310,169,635		3.2%
*Lukoil OAO Sponsored ADR	2,257,507		126,982,766		1.3%
Other Securities			28,833,815		0.3%
TOTAL RUSSIA			465,986,216		4.8%
SOUTH AFRICA — (7.8%)
ABSA Group, Ltd.	2,880,669		54,585,389		0.6%
#Gold Fields, Ltd. Sponsored ADR	5,716,550		76,830,432		0.8%
Nedbank Group, Ltd.	2,742,434		49,542,334		0.5%
Sanlam, Ltd.	28,700,406		93,412,980		0.9%
Other Securities			544,171,955		5.6%
TOTAL SOUTH AFRICA			818,543,090		8.4%
SOUTH KOREA — (11.3%)
Hana Financial Group, Inc.	1,237,663		38,495,982		0.4%
#Hyundai Motor Co., Ltd.	909,723		110,947,062		1.1%
KB Financial Group, Inc. ADR	1,974,040		96,333,152		1.0%
#POSCO ADR	957,832		107,430,437		1.1%
Shinhan Financial Group Co., Ltd.	878,956		37,388,712		0.4%
#Shinhan Financial Group Co., Ltd. ADR	755,534		64,326,165		0.6%
Other Securities			729,662,599		7.5%
TOTAL SOUTH KOREA			1,184,584,109		12.1%
TAIWAN — (11.2%)
#AU Optronics Corp. Sponsored ADR	6,047,974		70,096,019		0.7%
Chimei Innolux Corp.	31,012,740		45,274,211		0.5%
*Fubon Financial Holding Co., Ltd.	33,546,000		40,895,260		0.4%
Mega Financial Holding Co., Ltd.	72,828,000		42,532,541		0.4%
*United Microelectronics Corp.	106,490,069		53,577,131		0.6%
Other Securities			922,269,414		9.4%
TOTAL TAIWAN			1,174,644,576		12.0%
THAILAND — (1.8%)
Other Securities			184,055,790		1.9%
TURKEY — (2.2%)
Other Securities			235,705,038		2.4%
TOTAL COMMON STOCKS			9,190,349,261		94.2%

215

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††		Percentage of Net Assets**
PREFERRED STOCKS — (5.1%)
BRAZIL — (5.1%)
Gerdau SA	2,445,084	$	40,173,507		0.4%
#Gerdau SA Sponsored ADR	4,348,258		71,311,431		0.7%
Metalurgica Gerdau SA	4,022,600		79,167,638		0.8%
#Petroleo Brasileiro SA ADR	896,515		34,013,779		0.4%
Usinas Siderurgicas de Minas Gerais SA Series A	3,546,355		115,903,022		1.2%
Other Securities			189,826,187		1.9%
TOTAL BRAZIL			530,395,564		5.4%
INDIA — (0.0%)
Other Securities			99,181		0.0%
MALAYSIA — (0.0%)
Other Securities			167,726		0.0%
TOTAL PREFERRED STOCKS			530,662,471		5.4%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities			—		0.0%
CHINA — (0.0%)
Other Securities			117,549		0.0%
INDONESIA — (0.0%)
Other Securities			1,989		0.0%
MALAYSIA — (0.0%)
Other Securities			326,148		0.0%
SOUTH AFRICA — (0.0%)
Other Securities			103,644		0.0%
SOUTH KOREA — (0.0%)
Other Securities			24,757		0.0%
THAILAND — (0.0%)
Other Securities			176,300		0.0%
TOTAL RIGHTS/WARRANTS			750,387		0.0%
	Face Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.0%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $9,075,000 FHLMC 6.04%(r), 11/01/36, valued at $4,206,303) to be repurchased at $4,142,066	$4,142		4,142,000		0.0%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (7.2%)
§@DFA Short Term Investment Fund	755,006,086		755,006,086		7.8%

216

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares/ Face Amount	Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $961,810) to be repurchased at $942,966	$943	$	942,951		0.0%
TOTAL SECURITIES LENDING COLLATERAL			755,949,037		7.8%
TOTAL INVESTMENTS — (100.0%) (Cost $8,185,035,515)		$	10,481,853,156		107.4%

Summary of inputs used to value the Fund’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Brazil	$	634,792,555		—	—	$	634,792,555
Chile		248,119,111		—	—		248,119,111
China		132,026,969	$	1,002,873,149	—		1,134,900,118
Czech Republic		—		42,452,029	—		42,452,029
Hungary		—		170,238,437	—		170,238,437
India		159,321,639		972,716,222	—		1,132,037,861
Indonesia		4,193,483		275,844,663	—		280,038,146
Israel		6,796,073		181,684,679	—		188,480,752
Malaysia		455,239		377,445,696	—		377,900,935
Mexico		637,089,295		231,296	—		637,320,591
Philippines		596,959		78,841,294	—		79,438,253
Poland		1,082,204		200,029,450	—		201,111,654
Russia		—		465,986,216	—		465,986,216
South Africa		122,436,319		696,106,771	—		818,543,090
South Korea		313,829,783		870,754,326	—		1,184,584,109
Taiwan		72,059,786		1,102,584,790	—		1,174,644,576
Thailand		184,055,790		—	—		184,055,790
Turkey		4,443,172		231,261,866	—		235,705,038
Preferred Stocks
Brazil		530,395,564		—	—		530,395,564
India		—		99,181	—		99,181
Malaysia		167,726		—	—		167,726
Rights/Warrants
Brazil		—		—	—		—
China		—		117,549	—		117,549
Indonesia		1,989		—	—		1,989
Malaysia		326,148		—	—		326,148
South Africa		103,644		—	—		103,644
South Korea		—		24,757	—		24,757
Thailand		176,300		—	—		176,300
Temporary Cash Investments		—		4,142,000	—		4,142,000

217

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Securities Lending Collateral		—	$	755,949,037		—	$	755,949,037
TOTAL	$	3,052,469,748	$	7,429,383,408		—	$	10,481,853,156

See accompanying Notes to Financial Statements.

218

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

ASSETS:
Investments at Value (including $687,988 of securities on loan)	$	9,721,762
Temporary Cash Investments at Value & Cost		4,142
Collateral Received from Securities on Loan at Value & Cost		755,949
Foreign Currencies at Value		12,165
Cash		5,594
Receivables:
Investment Securities Sold		23,427
Dividends, Interest and Tax Reclaims		18,678
Fund Shares Sold		6,265
Securities Lending Income		639
Prepaid Expenses and Other Assets		704
Total Assets		10,549,325
LIABILITIES:
Payables:
Upon Return of Securities Loaned		755,949
Investment Securities Purchased		22,082
Fund Shares Redeemed		59
Due to Advisor		824
Unrealized Loss on Foreign Currency Contracts		8
Deferred Thailand Capital Gains Tax		8,335
Accrued Expenses and Other Liabilities		507
Total Liabilities		787,764
NET ASSETS	$	9,761,561
Investments at Cost	$	7,424,944
Foreign Currencies at Cost	$	12,165

See accompanying Notes to Financial Statements.

219

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $6,271)	$	57,496
Interest		35
Income from Securities Lending		4,379
Total Investment Income		61,910
Expenses
Investment Advisory Services Fees		4,456
Accounting & Transfer Agent Fees		442
Custodian Fees		2,465
Shareholders’ Reports		18
Directors’/Trustees’ Fees & Expenses		50
Professional Fees		166
Other		97
Total Expenses		7,694
Net Investment Income (Loss)		54,216
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		346,870
Foreign Currency Transactions		(516	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		2,290,979
Translation of Foreign Currency Denominated Amounts		(62	)
Change in Deferred Thailand Capital Gains Tax		4,190
Net Realized and Unrealized Gain (Loss)		2,641,461
Net Increase (Decrease) in Net Assets Resulting from Operations	$	2,695,677

See accompanying Notes to Financial Statements.

220

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	54,216		$	119,269
Net Realized Gain (Loss) on:
Investment Securities Sold		346,870			346,115
Futures		—			(3,835	)
Foreign Currency Transactions		(516	)		(2,499	)
In-Kind Redemptions		—			25,938	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		2,290,979			2,817,363
Futures		—			(30	)
Translation of Foreign Currency Denominated Amounts		(62	)		449
Change in Deferred Thailand Capital Gains Tax		4,190			(3,804	)
Net Increase (Decrease) in Net Assets Resulting from Operations		2,695,677			3,298,966
Transactions in Interest:
Contributions		1,110,568			1,430,899
Withdrawals		(2,009,809	)		(813,144	)*
Net Increase (Decrease) from Transactions in Interest		(899,241	)		617,755
Total Increase (Decrease) in Net Assets		1,796,436			3,916,721
Net Assets
Beginning of Period		7,965,125			4,048,404
End of Period	$	9,761,561		$	7,965,125

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

221

DIMENSIONAL EMERGING MARKETS VALUE FUND†

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		16.42	%(C)		79.39	%		(55.47	)%(C)		51.59	%		42.14	%		31.60	%		47.38	%
Net Assets, End of Period (thousands)	$	9,761,561		$	7,965,125		$	4,048,404		$	8,188,710		$	4,837,912		$	2,417,064		$	1,172,950
Ratio of Expenses to Average Net Assets		0.17	%(B)		0.21	%		0.19	%(B)		0.19	%		0.22	%		0.29	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		1.23	%(B)		2.17	%		3.19	%(B)		2.50	%		2.57	%		3.23	%		2.33	%
Portfolio Turnover Rate		10	%(C)		20	%		14	%(C)		14	%		9	%		7	%		8	%

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

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

222

DIMENSIONAL EMERGING MARKETS VALUE FUND

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

Dimensional Emerging Markets Value Fund Inc. (“DEM I”) was organized as a closed-end management investment company registered under the Investment Company Act of 1940, as amended. Effective November 21, 1997, DEM I was reorganized as an open-end management investment company. On October 27, 2009, the Board of Directors and shareholders of DEM I approved an Agreement and Plan of Reorganization that provided for the reorganization of DEM I from a Maryland corporation to a Delaware statutory trust. Effective October 30, 2009, DEM I transferred all of its assets and liabilities to Dimensional Emerging Markets Value Fund (“DEM II” or the “Fund”), a Delaware statutory trust, in a tax-free exchange under IRC §368(a)(1)(F).

Effective November 1, 2009, Dimensional Emerging Markets Value Fund (“DEM II”), a master fund in a master-feeder structure, elected with the consent of its Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation §301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the Fund is a result of the treatment of a partnership for book purposes. DEM II and Emerging Markets Value Portfolio (“Portfolio”) will maintain their books and records and present their financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Fund from November 30 to October 31.

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:    Securities held by the Fund (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Fund 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 Fund 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 New York Stock Exchange (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 Fund may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

The Fund 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 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

223

of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Fund prices its shares at the close of the NYSE, the Fund 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 trading activities on the Fund’s 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 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. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Fund utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

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

The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Fund’s own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Fund’s investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2.    Foreign Currency Translation:    Securities and other assets and liabilities of the Fund 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 based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Fund 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 Fund’s books 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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses. At April 30, 2010, 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 $222 (in thousands).

224

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 Fund estimates 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 the Fund are directly charged.

The Fund may be subject to taxes imposed by countries in which it invests, with respect to its investment 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 Fund 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 Fund’s investments in Chile are subject to governmental taxes on investment income. Such taxes are due when currencies are repatriated from the country. The Fund accrues for taxes on income as the income is earned.

The Fund’s investments in Thailand are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Fund accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. The Fund is also subject to a 15% 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 Fund. For the six months ended April 30, 2010, the Fund’s advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.10% 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 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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $10 (in thousands). The total related amounts paid by the Fund are included in Other Expenses on the Statement of Operations.

225

D. Purchases and Sales of Securities:

For the six months ended April 30, 2010, the Fund made the following purchases and sales of investment securities, other than short-term securities and U.S. government securities (amounts in thousands):

Purchases	$	1,353,311
Sales		865,639

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’ are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

Some of the 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 required to be included in distributable net investment income for tax purposes. At October 31, 2009, the Fund had cumulative unrealized appreciation (depreciation) (mark to market) of $1,247 (in thousands) to be included in distributable net investment income for federal tax purposes. For the year ended October 31, 2009, realized gains on the sale of passive foreign investment companies totaling $428 (in thousands) have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes.

At April 30, 2010, 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)
$8,195,763	$2,895,532	$(609,442)	$2,286,090

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed the Fund’s tax position and has concluded that no provision for income tax is required in the Fund’s financial statements. The Fund is not aware of any tax position for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

Effective November 1, 2009, Dimensional Emerging Markets Value Fund (“DEM II”), a master fund in a master-feeder structure with one RIC feeder and other direct client investors has made a “Check-the-Box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change their federal entity classifications from a corporation taxable as a regulated investment company to a partnership. DEM II and the Portfolio will maintain their books and records and present their financial statements in accordance with generally accepted accounting principals for investment partnerships. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities on October 31, 2009 to its shareholders in liquidation of the master fund. Since the master fund has a shareholder owning 80% or more of the fund’s shares, and also has shareholders owning less than 80%, the transaction creates a non-taxable transaction, pursuant to Internal Revenue Code §332, for those owning more than 80%, and a taxable transaction, pursuant to Internal Revenue Code §331, for those shareholders owning less than 80%. Immediately after the deemed liquidation, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of the Master Fund was October 31, 2009.

For federal income tax purposes, pursuant to Code §336(a), the master fund recognizes gain or loss relative to the investment of the less than 80% shareholders as if the master’s investment securities were sold to those shareholders and, pursuant to Code §331, each of those shareholders recognizes gain or loss as if it liquidated its investment in

226

the master. Pursuant to Code §334(a), each of these shareholders will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date. In regards to the shareholder owning 80% or more of the master fund, pursuant to Code §332(a), the shareholder will not recognize any gain or loss on the deemed liquidation. However, pursuant to Code §332(c), a portion of the deemed distribution, which otherwise would have been tax-free as discussed above, since it is utilized by the master fund to satisfy its dividends paid deduction for the tax year, must be recognized and treated as a dividend by the 80% or greater shareholder. Pursuant to Code §334(b)(1) and §1223, the 80% or greater shareholder’s basis and holding period in the securities received in liquidation is the same as it was in the possession of the master.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-in Capital	Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$1,370,229,576	$(1,383,011,838	)	$1,404,500	$11,377,762

As a result of the transaction, Dimensional Emerging Markets Value Fund recognized a $104,402,506 and ($16,523) capital gain and currency loss respectively, for tax year ended October 31, 2009.

Emerging Markets Value Portfolio which was impacted by the “Check the Box” election also had a permanent book/tax difference resulting from the transaction. For financial statement purposes, this adjustment did not result in any changes to the Portfolio’s net assets or net asset value per share. The following summary of permanent differences occurred as of the effective “Check the Box” election date.

Increase (Decrease) Paid-in Capital		Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(154,596,409	)	$(82,593,386	)	$237,189,795

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

F. 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. These instruments and their significant corresponding risks are described below:

1.    Repurchase Agreements:    The Fund may purchase certain U.S. Government securities 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 April 30, 2010.

2.    Foreign Market Risks:    Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States, 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. Consequently, acquisition and disposition of securities by the Fund may be inhibited.

227

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Fund.

3.    Futures Contracts:    The Fund may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. Upon entering into a futures contract, the Fund 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 Fund as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Fund records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, 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.

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 Fund could lose more than the initial margin requirements. The Fund entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statement of Operations and the realized and change in unrealized gain or loss over the reporting period.

At April 30, 2010, the Fund had no outstanding futures contracts.

G. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 rates agreed upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Fund under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011.

228

For the six months ended April 30, 2010, borrowings by the Fund 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
0.87%	$26,219	28	$18	$60,454

There were no outstanding borrowings by the Fund under this line of credit as of April 30, 2010.

H. Securities Lending:

As of April 30, 2010, the Fund had securities on loan to brokers/dealers, for which the Fund received cash collateral. The Fund 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, daily market fluctuations could cause the Fund’s collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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 its stated investment policy, the Fund will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. The Fund also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. In addition, the Fund 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 Fund’s organizational documents, its officers and directors are indemnified against certain liabilities 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.

J. In-Kind Redemptions:

In accordance with guidelines described in the Fund’s 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

229

for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the year ended October 31, 2009, the Fund realized $25,938 (in thousands) of net gain.

K. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Fund and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

230

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: (512) 306-7400. 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.

231

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 19, 2009 (the “Meeting”), the Board of Directors of DFA Investment Dimensions Group Inc., the Board of Trustees of The DFA Investment Trust Company and the Board of Trustees of Dimensional Emerging Markets Value Fund (together, the “Board”) considered the continuation of the investment advisory/management agreements for each portfolio or series (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; and (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.

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 shareholders 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. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the 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 reasonable as compared with relevant performance standards and appropriate market indexes.

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

232

were favorable in relation to those of 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 non-management fees charged by the Funds’ administrator and transfer agent have been negotiated by management over the course of the last four 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.

233

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Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

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SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
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 U.S. High Book to Market Portfolio	4
LWAS/DFA Two-Year Fixed Income Portfolio	5
LWAS/DFA Two-Year Government Portfolio	7
Statements of Assets and Liabilities	8
Statements of Operations	10
Statements of Changes in Net Assets	11
Financial Highlights	12
Notes to Financial Statements	14
DFA Investment Dimensions Group Inc. - LWAS/DFA International High Book to Market Portfolio
Disclosure of Fund Expenses	21
Disclosure of Portfolio Holdings	22
Schedule of Investments	23
Statement of Assets and Liabilities	24
Statement of Operations	25
Statements of Changes in Net Assets	26
Financial Highlights	27
Notes to Financial Statements	28
The DFA Investment Trust Company
Disclosure of Fund Expenses	33
Disclosure of Portfolio Holdings	34
Summary Schedules of Portfolio Holdings
The U.S. Large Cap Value Series	35
The DFA International Value Series	38
Statements of Assets and Liabilities	42
Statements of Operations	43
Statements of Changes in Net Assets	44
Financial Highlights	45
Notes to Financial Statements	46
Voting Proxies on Fund Portfolio Securities	53
Board Approval of Investment Advisory Agreements	54

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

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DIMENSIONAL INVESTMENT GROUP INC.

DFA INVESTMENT DIMENSIONS 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
FHLMC	Federal Home Loan Mortgage Corporation
FNMA	Federal National Mortgage Association
P.L.C.	Public Limited Company
Investment Footnotes
†	See Note B to Financial Statements.
††	Securities have generally been fair valued. 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.
(r)	The adjustable rate shown is effective as of April 30, 2010.
§	Affiliated Fund.
Financial Highlights
(A)	Computed using average shares outstanding.
(B)	Annualized
(C)	Non-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.
RIC	Registered Investment Company
SEC	Securities and Exchange Commission

1

DIMENSIONAL INVESTMENT 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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010
EXPENSE TABLES
	Beginning		Ending		Expenses
	Account		Account	Annualized	Paid
	Value		Value	Expense	During
	11/01/09		04/30/10	Ratio*	Period*
LWAS/DFA U.S. High Book to Market Portfolio**
Actual Fund Return	$1,000.00		$1,228.80	0.35%	$1.93
Hypothetical 5% Annual Return	$1,000.00		$1,023.06	0.35%	$1.76
LWAS/DFA Two-Year Fixed Income Portfolio
Actual Fund Return	$1,000.00		$1,005.70	0.32%	$1.59
Hypothetical 5% Annual Return	$1,000.00		$1,023.21	0.32%	$1.61
LWAS/DFA Two-Year Government Portfolio		��
Actual Fund Return	$1,000.00		$1,006.00	0.30%	$1.49
Hypothetical 5% Annual Return	$1,000.00		$1,023.31	0.30%	$1.51

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

2

DIMENSIONAL INVESTMENT 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 Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 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.

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.

FEEDER FUND

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

FIXED INCOME PORTFOLIOS

LWAS/DFA Two-Year Fixed Income Portfolio		LWAS/DFA Two-Year Government Portfolio
Corporate	9.5%	Government	100.0%
Government	73.6%	Total	100.0%
Foreign Corporate	2.6%
Foreign Government	11.8%
Supranational	2.5%
Total	100.0%

3

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

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

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	73,726,624
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $53,040,017)	$	73,726,624

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	73,726,624	—	—	$	73,726,624

See accompanying Notes to Financial Statements.

4

LWAS/DFA TWO-YEAR FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Face
	Amount	Value†
	(000)
AGENCY OBLIGATIONS — (69.1%)
Federal Farm Credit Bank
5.375%, 07/18/11	$2,200	$	2,324,436
3.875%, 08/25/11	2,300		2,394,424
1.125%, 10/03/11	3,800		3,813,593
0.950%, 02/10/12	2,000		1,998,616
0.950%, 03/05/12	500		499,283
Federal Home Loan Bank
3.625%, 07/01/11	2,800		2,898,244
1.625%, 07/27/11	5,100		5,156,243
3.750%, 09/09/11	3,400		3,535,901
3.625%, 09/16/11	1,800		1,871,935
1.000%, 12/28/11	400		400,432
1.125%, 03/09/12	500		500,700
2.250%, 04/13/12	5,900		6,029,723
Federal Home Loan Mortgage Corporation
1.125%, 12/15/11	5,100		5,114,198
4.750%, 03/05/12	2,500		2,665,970
2.125%, 03/23/12	1,800		1,836,283
1.125%, 04/25/12	4,500		4,494,987
Federal National Mortgage Association
0.875%, 01/12/12	4,700		4,690,337
5.000%, 02/16/12	400		427,854
1.000%, 04/04/12	5,200		5,191,176
1.875%, 04/20/12	1,200		1,217,668
TOTAL AGENCY OBLIGATIONS			57,062,003
BONDS — (25.9%)
Citigroup, Inc.
1.250%, 09/22/11	400		402,561
1.250%, 11/15/11	1,600		1,609,134
Eksportfinans ASA
5.000%, 02/14/12	2,200		2,343,654
European Investment Bank
3.250%, 10/14/11	2,000		2,067,836
Export Development Canada
2.375%, 03/19/12	2,000		2,049,854
HSBC USA, Inc.
3.125%, 12/16/11	2,100		2,175,816
Japan Finance Corp.
2.000%, 06/24/11	2,000		2,016,062
Morgan Stanley
2.250%, 03/13/12	500		511,716
Oesterreichischen Kontrollbank AG
4.750%, 11/08/11	2,000		2,099,436

	Face
	Amount	Value†
	(000)
Ontario, Province of Canada
2.625%, 01/20/12	$1,000	$	1,027,500
Royal Bank of Canada
5.650%, 07/20/11	2,000		2,111,962
State Street Bank & Trust Co.
1.850%, 03/15/11	1,900		1,922,363
Wachovia Corp.
5.300%, 10/15/11	1,000		1,053,839
TOTAL BONDS			21,391,733
U.S. TREASURY OBLIGATIONS — (3.8%)
U.S. Treasury Note
1.000%, 12/31/11	3,100		3,110,050
TEMPORARY CASH INVESTMENTS — (1.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $970,000 FHLMC 5.00%, 10/15/24, valued at $1,041,538) to be repurchased at $1,025,016	1,025		1,025,000
TOTAL INVESTMENTS — (100.0%) (Cost $82,398,344)		$	82,588,786

5

LWAS/DFA TWO-YEAR FIXED INCOME PORTFOLIO

CONTINUED

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3		Total
Agency Obligations		—	$ 57,062,003		—	$ 57,062,003
Bonds		—	21,391,733		—	21,391,733
U.S. Treasury Obligations		—	3,110,050		—	3,110,050
Temporary Cash Investments		—	1,025,000		—	1,025,000
TOTAL			$ 82,588,786			$ 82,588,786

See accompanying Notes to Financial Statements.

6

LWAS/DFA TWO-YEAR GOVERNMENT PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Face
	Amount		Value†
	(000)
AGENCY OBLIGATIONS — (97.2%)
Federal Farm Credit Bank
5.375%, 07/18/11	$	9,300	$	9,826,027
3.875%, 08/25/11		3,100		3,227,267
1.125%, 10/03/11		23,700		23,784,775
3.500%, 10/03/11		1,000		1,037,950
2.000%, 01/17/12		5,000		5,088,585
0.950%, 02/10/12		13,000		12,991,004
0.950%, 03/05/12		8,300		8,288,090
1.150%, 04/05/12		5,000		5,006,655
Federal Home Loan Bank
5.375%, 08/19/11		2,000		2,115,224
3.750%, 09/09/11		20,500		21,319,405
3.625%, 09/16/11		5,000		5,199,820
4.875%, 11/15/11		1,200		1,272,935
4.875%, 11/18/11		7,300		7,743,198
1.000%, 12/28/11		4,800		4,805,179
1.125%, 03/09/12		20,400		20,428,560
2.250%, 04/13/12		14,600		14,921,010
TOTAL AGENCY OBLIGATIONS				147,055,684
U.S. TREASURY OBLIGATIONS — (2.0%)
U.S. Treasury Note
1.000%, 12/31/11		3,000		3,009,726
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $1,150,000 FHLMC 5.00%, 10/15/24, valued at $1,234,813) to be repurchased at $1,212,019		1,212		1,212,000
TOTAL INVESTMENTS — (100.0%) (Cost $150,981,485)			$	151,277,410

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3		Total
Agency Obligations		—	$ 147,055,684		—	$ 147,055,684
U.S. Treasury Obligations		—	3,009,726		—	3,009,726
Temporary Cash Investments		—	1,212,000		—	1,212,000
TOTAL			$ 151,277,410			$ 151,277,410

See accompanying Notes to Financial Statements.

7

DIMENSIONAL INVESTMENT GROUP INC.

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

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(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) at Value	$	73,726
Investment Securities Sold		16
Prepaid Expenses and Other Assets		11
Total Assets		73,753
LIABILITIES:
Payables:
Fund Shares Redeemed		16
Due to Advisor		1
Accrued Expenses and Other Liabilities		18
Total Liabilities		35
NET ASSETS	$	73,718
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		6,168,046
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.95
Investment in Affiliated Investment Company at Cost	$	53,040
NET ASSETS CONSIST OF:
Paid-In Capital	$	65,713
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		112
Accumulated Net Realized Gain (Loss)		(12,793	)
Net Unrealized Appreciation (Depreciation)		20,686
NET ASSETS	$	73,718
(1) NUMBER OF SHARES AUTHORIZED		300,000,000

See accompanying Notes to Financial Statements.

8

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	LWAS/DFA		LWAS/DFA
	Two-Year		Two-Year
	Fixed Income		Government
	Portfolio		Portfolio
ASSETS:
Investments at Value	$	81,564	$	150,065
Temporary Cash Investments at Value & Cost		1,025		1,212
Cash		—		1
Receivables:
Interest		410		681
Fund Shares Sold		39		40
Prepaid Expenses and Other Assets		13		14
Total Assets		83,051		152,013
LIABILITIES:
Payables:
Fund Shares Redeemed		16		23
Due to Advisor		10		19
Accrued Expenses and Other Liabilities		18		30
Total Liabilities		44		72
NET ASSETS	$	83,007	$	151,941
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		8,270,644		15,244,839
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	10.04	$	9.97
Investments at Cost	$	81,374	$	149,769
NET ASSETS CONSIST OF:
Paid-In Capital	$	82,575	$	150,502
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		128		223
Accumulated Net Realized Gain (Loss)		114		920
Net Unrealized Appreciation (Depreciation)		190		296
NET ASSETS	$	83,007	$	151,941
(1) NUMBER OF SHARES AUTHORIZED		300,000,000		300,000,000

See accompanying Notes to Financial Statements.

9

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	LWAS/DFA				LWAS/DFA				LWAS/DFA
	U.S. High				Two-Year				Two-Year
	Book to Market				Fixed Income				Government
	Portfolio*				Portfolio				Portfolio
Investment Income
Dividends		$	581				—				—
Interest			—			$	486			$	807
Income from Securities Lending			21				—				—
Expenses Allocated from Affiliated Investment Company			(40	)			—				—
Total Investment Income			562				486				807
Expenses
Investment Advisory Services Fees			—				60				108
Administrative Services Fees			4				—				—
Accounting & Transfer Agent Fees			7				14				18
Shareholder Servicing Fees			52				32				58
Filing Fees			11				9				10
Shareholders’ Reports			5				6				10
Directors’/Trustees’ Fees & Expenses			—				—				1
Custodian Fees			—				1				1
Professional Fees			2				2				3
Other			1				2				3
Total Expenses			82				126				212
Net Investment Income (Loss)			480				360				595
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on Investment Securities Sold			3,496				434				940
Change in Unrealized Appreciation (Depreciation) of Investment Securities			10,250				(355	)			(684	)
Net Realized and Unrealized Gain (Loss)			13,746				79				256
Net Increase (Decrease) in Net Assets Resulting from Operations		$	14,226			$	439			$	851

* 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.

10

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	LWAS/DFA						LWAS/DFA						LWAS/DFA
	U.S. High						Two-Year						Two-Year
	Book to Market						Fixed Income						Government
	Portfolio						Portfolio						Portfolio
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	April 30,			Oct. 31,			April 30,			Oct. 31,			April 30,			Oct. 31,
	2010			2009			2010			2009			2010			2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	480		$	1,302		$	360		$	1,426		$	595		$	2,266
Net Realized Gain (Loss) on Investment Securities Sold		3,496			(3,229	)		434			823			940			2,856
Change in Unrealized Appreciation (Depreciation) of Investment Securities		10,250			8,041			(355	)		967			(684	)		1,507
Net Increase (Decrease) in Net Assets Resulting from Operations		14,226			6,114			439			3,216			851			6,629
Distributions From:
Net Investment Income		(523	)		(1,505	)		(367	)		(1,709	)		(606	)		(2,630	)
Net Short-Term Gains		—			—			—			—			(956	)		—
Net Long-Term Gains		—			—			—			—			(1,081	)		—
Total Distributions		(523	)		(1,505	)		(367	)		(1,709	)		(2,643	)		(2,630	)
Capital Share Transactions (1):
Shares Issued		2,409			9,566			10,783			23,629			31,069			59,636
Shares Issued in Lieu of Cash Distributions		458			1,340			302			1,518			1,744			1,747
Shares Redeemed		(8,779	)		(18,050	)		(5,548	)		(33,321	)		(15,588	)		(62,659	)
Net Increase (Decrease) from Capital Share Transactions		(5,912	)		(7,144	)		5,537			(8,174	)		17,225			(1,276	)
Total Increase (Decrease) in Net Assets		7,791			(2,535	)		5,609			(6,667	)		15,433			2,723
Net Assets
Beginning of Period		65,927			68,462			77,398			84,065			136,508			133,785
End of Period	$	73,718		$	65,927		$	83,007		$	77,398		$	151,941		$	136,508
(1) Shares Issued and Redeemed:
Shares Issued		220			1,238			1,076			2,370			3,112			5,944
Shares Issued in Lieu of Cash Distributions		43			186			30			154			175			175
Shares Redeemed		(819	)		(2,271	)		(553	)		(3,351	)		(1,561	)		(6,256	)
Net Increase (Decrease) from Shares Issued and Redeemed		(556	)		(847	)		553			(827	)		1,726			(137	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	112		$	155		$	128		$	135		$	223		$	234

See accompanying Notes to Financial Statements.

11

DIMENSIONAL INVESTMENT GROUP INC.

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

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

							Period
	Six Months			Year			Dec. 1,			Year			Year			Year			Year
	Ended			Ended			2007 to			Ended			Ended			Ended			Ended
	April 30,			Oct. 31,			Oct. 31,			Nov. 30,			Nov. 30,			Nov. 30,			Nov. 30,
	2010			2009			2008			2007			2006			2005			2004
		(Unaudited)
Net Asset Value, Beginning of Period	$	9.80		$	9.04		$	15.35		$	16.10		$	13.91		$	12.28		$	10.23
Income from Investment Operations
Net Investment Income (Loss)		0.07	(A)		0.18	(A)		0.21	(A)		0.20	(A)		0.23	(A)		0.19			0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		2.16			0.79			(5.48	)		(0.26	)		2.23			1.57			2.08
Total from Investment Operations		2.23			0.97			(5.27	)		(0.06	)		2.46			1.76			2.18
Less Distributions
Net Investment Income		(0.08	)		(0.21	)		(0.21	)		(0.20	)		(0.22	)		(0.13	)		(0.13	)
Net Realized Gains		—			—			(0.83	)		(0.49	)		(0.05	)		—			—
Total Distributions		(0.08	)		(0.21	)		(1.04	)		(0.69	)		(0.27	)		(0.13	)		(0.13	)
Net Assets Value, End of Period	$	11.95		$	9.80		$	9.04		$	15.35		$	16.10		$	13.91		$	12.28
Total Return		22.88	%(C)		11.61	%		(36.69	)%(C)		(0.51	)%		17.90	%		14.44	%		21.45	%
Net Assets, End of Period (thousands)		$73,718			$65,927			$68,462			$119,833			$124,983			$103,311			$92,494
Ratio of Expenses to Average Net Assets (D)		0.35	%(B)		0.38	%		0.33	%(B)		0.32	%		0.32	%		0.34	%		0.35	%
Ratio of Net Investment Income to Average Net Assets		1.39	%(B)		2.20	%		1.72	%(B)		1.20	%		1.54	%		1.43	%		0.87	%

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)

	LWAS/DFA Two-Year Fixed Income Portfolio
							Period
	Six Months			Year			Dec. 1,			Year			Year			Year			Year
	Ended			Ended			2007 to			Ended			Ended			Ended			Ended
	April 30,			Oct. 31,			Oct. 31,			Nov. 30,			Nov. 30,			Nov. 30,			Nov. 30,
	2010			2009			2008			2007			2006			2005			2004
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.03		$	9.84		$	9.95		$	9.94		$	9.82		$	9.90		$	10.17
Income from Investment Operations
Net Investment Income (Loss)		0.05	(A)		0.19	(A)		0.28	(A)		0.49	(A)		0.35	(A)		0.27			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		0.01			0.23			(0.04	)		—			0.08			(0.11	)		(0.08	)
Total from Investment Operations		0.06			0.42			0.24			0.49			0.43			0.16			0.08
Less Distributions
Net Investment Income		(0.05	)		(0.23	)		(0.35	)		(0.48	)		(0.31	)		(0.24	)		(0.14	)
Net Realized Gains		—			—			—			—			—			—			(0.21	)
Total Distributions		(0.05	)		(0.23	)		(0.35	)		(0.48	)		(0.31	)		(0.24	)		(0.35	)
Net Asset Value, End of Period	$	10.04		$	10.03		$	9.84		$	9.95		$	9.94		$	9.82		$	9.90
Total Return		0.57	%(C)		4.31	%		2.46	%(C)		5.03	%		4.47	%		1.65	%		0.85	%
Net Assets, End of Period (thousands)	$	83,007		$	77,398		$	84,065		$	96,442		$	86,082		$	80,199		$	80,584
Ratio of Expenses to Average Net Assets		0.32	%(B)		0.34	%		0.31	%(B)		0.31	%		0.31	%		0.36	%		0.38	%
Ratio of Net Investment Income to Average Net Assets		0.91	%(B)		1.92	%		3.04	%(B)		4.94	%		3.57	%		2.72	%		1.65	%
Portfolio Turnover Rate		63	%(C)		77	%		20	%(C)		22	%		15	%		48	%		152	%
	LWAS/DFA Two-Year Government Portfolio
							Period
	Six Months			Year			Dec. 1,			Year			Year			Year			Year
	Ended			Ended			2007 to			Ended			Ended			Ended			Ended
	April 30,			Oct. 31,			Oct. 31,			Nov. 30,			Nov. 30,			Nov. 30,			Nov. 30,
	2010			2009			2008			2007			2006			2005			2004
		(Unaudited)
Net Asset Value, Beginning of Period	$	10.10		$	9.80		$	9.89		$	9.87		$	9.75		$	9.83		$	10.13
Income from Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.18	(A)		0.24	(A)		0.46	(A)		0.34	(A)		0.26			0.17
Net Gains (Losses) on Securities (Realized and Unrealized)		0.02			0.33			(0.03	)		0.01			0.08			(0.10	)		(0.06	)
Total from Investment Operations		0.06			0.51			0.21			0.47			0.42			0.16			0.11
Less Distributions
Net Investment Income		(0.04	)		(0.21	)		(0.30	)		(0.45	)		(0.30	)		(0.24	)		(0.15	)
Net Realized Gains		(0.15	)		—			—			—			—			—			(0.26	)
Total Distributions		(0.19	)		(0.21	)		(0.30	)		(0.45	)		(0.30	)		(0.24	)		(0.41	)
Net Asset Value, End of Period	$	9.97		$	10.10		$	9.80		$	9.89		$	9.87		$	9.75		$	9.83
Total Return		0.60	%(C)		5.21	%		2.13	%(C)		4.85	%		4.42	%		1.67	%		1.10	%
Net Assets, End of Period (thousands)	$	151,941		$	136,508		$	133,785		$	110,338		$	72,948		$	68,708		$	69,853
Ratio of Expenses to Average Net Assets		0.30	%(B)		0.31	%		0.30	%(B)		0.31	%		0.32	%		0.37	%		0.36	%
Ratio of Net Investment Income to Average Net Assets		0.83	%(B)		1.76	%		2.69	%(B)		4.66	%		3.45	%		2.67	%		1.63	%
Portfolio Turnover Rate		74	%(C)		112	%		7	%(C)		0	%		29	%		44	%		142	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

13

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.

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 April 30, 2010, the Portfolio owned 1% of the Series.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the fund is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

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:    LWAS/DFA U.S. High Book to Market Portfolio’s investment reflects its proportionate interest in the net assets of The U.S. Large Cap Value Series. Securities held by LWAS/DFA Two-Year Fixed Income Portfolio and 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.

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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.)

14

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

A summary of the inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 & Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

3.    Other:    LWAS/DFA U.S. High Book to Market 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 U.S. Large Cap Value Series, which is treated as a partnership for federal income tax purposes. 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. 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 April 30, 2010, 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	Advisory
	Services Fees	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%

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:

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (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 April 30, 2010, 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):

LWAS/DFA U.S. High Book to Market Portfolio	$	2
LWAS/DFA Two-Year Fixed Income Portfolio		2
LWAS/DFA Two-Year Government Portfolio		4

E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, the Portfolios made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government				Other Investment
	Securities				Securities
	Purchases		Sales		Purchases		Sales
LWAS/DFA Two-Year Fixed Income Portfolio	$	39,981	$	35,297	$	15,017	$	13,945
LWAS/DFA Two-Year Government Portfolio		121,423		104,914		—		—

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 October 31, 2009, primarily attributable to the recharacterizations of partnership income from net investment income to capital gain and were reclassified to the following accounts. These reclassifications had no effect on net asset value per share (amounts in thousands):

16

	Increase	Increase
	(Decrease)	(Decrease)
	Undistributed	Accumulated
	Net Investment	Net Realized
	Income	Gains (Losses)
LWAS/DFA U.S. High Book to Market Portfolio	$(8)	$8

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment
	Income
	and Short-Term	Long-Term
	Capital Gains	Capital Gains	Total
LWAS/DFA U.S. High Book to Market Portfolio
2007	$2,104	$3,541	$5,645
2008	1,668	6,420	8,088
2009	1,505	—	1,505
LWAS/DFA Two-Year Fixed Income Portfolio
2007	4,369	—	4,369
2008	3,304	—	3,304
2009	1,709	—	1,709
LWAS/DFA Two-Year Government Portfolio
2007	3,767	—	3,767
2008	3,616	—	3,616
2009	2,630	—	2,630

At October 31, 2009, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed
	Net			Total Net
	Investment			Distributable
	Income and	Undistributed	Capital	Earnings
	Short-Term	Long-Term	Loss	Accumulated
	Capital Gains	Capital Gains	Carryforward	(Losses)
LWAS/DFA U.S. High Book to Market Portfolio	$   156	—	$(16,289)	$(16,133)
LWAS/DFA Two-Year Fixed Income Portfolio	137	—	(320)	(183)
LWAS/DFA Two-Year Government Portfolio	1,192	$1,068	—	2,260

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on October 31,
	2013		2014		2015		2016		2017		Total
LWAS/DFA U.S. High Book to Market
Portfolio		—		—		—	$	1,337	$	14,952	$	16,289
LWAS/DFA Two-Year Fixed Income
Portfolio	$	102	$	202	$	2		14		—		320

17

During the year ended October 31, 2009, the following Portfolios utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

LWAS/DFA Two-Year Fixed Income Portfolio	$	822
LWAS/DFA Two-Year Government Portfolio		833

At April 30, 2010, 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):

				Net
				Unrealized
	Federal	Unrealized	Unrealized	Appreciation
	Tax Cost	Appreciation	(Depreciation)	(Depreciation)
LWAS/DFA U.S. High Book to Market Portfolio	$  53,040	$21,398	$(712)	$20,686
LWAS/DFA Two-Year Fixed Income Portfolio	82,399	214	(24)	190
LWAS/DFA Two-Year Government Portfolio	150,981	321	(25)	296

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed each Portfolios’ tax positions and has concluded that no provision for income tax is required in any Portfolios’ financial statements. No Portfolio is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

	Unrealized	Increase	Increase
Increase	Appreciation	(Decrease)	(Decrease)
(Decrease)	(Depreciation)	Undistributed	Accumulated
Paid-In	Investment	Net Investment	Net Realized
Capital	Securities	Income	Gains (Losses)
$(3,038,312,278)	$2,303,664,484	$(698,899)	$735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

Each Portfolio impacted by the “Check the Box” election also has a permanent book/tax difference resulting from the transaction. Listed below is the permanent difference impacting each respective Portfolio. For financial statement purposes, this adjustment did not result in any changes to each respective fund’s net assets or net asset value per share.

18

	Increase	Increase
	(Decrease)	(Decrease)
	Undistributed	Accumulated
	Net Investment	Net Realized
	Income	Gains (Losses)
DFA U.S. Large Cap Value Portfolio	$(606,345)	$606,345
DFA U.S. Large Cap Value Portfolio II	(10,872)	10,872
DFA U.S. Large Cap Value Portfolio III	(139,353)	139,353
LWAS/DFA U.S. High Book To Market Portfolio	(7,793)	7,793

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

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:

1. Repurchase Agreements:   LWAS/DFA Two-Year Fixed Income Portfolio and LWAS/DFA Two-Year Government Portfolio may purchase certain U.S. Government securities 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 April 30, 2010.

H. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

I. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities 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

19

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.

J. Other:

At April 30, 2010, 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.

		Approximate
		Percentage
	Number of	of Outstanding
	Shareholders	Shares
LWAS/DFA U.S. High Book to Market Portfolio	2	97%
LWAS/DFA Two-Year Fixed Income Portfolio	3	100%
LWAS/DFA Two-Year Government Portfolio	2	96%

K. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolios and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

20

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET 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 illustrate 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 costs 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 April 30, 2010
EXPENSE TABLE
	Beginning	Ending		Expenses
	Account	Account	Annualized	Paid
	Value	Value	Expense	During
	11/01/09	04/30/10	Ratio*	Period*
Actual Fund Return	$1,000.00	$1,043.50	0.49%	$2.48
Hypothetical 5% Annual Return	$1,000.00	$1,022.36	0.49%	$2.46

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

21

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET 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 DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 country.

Affiliated Investment Company 100.0 % 

22

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	85,115,886
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $64,359,200)	$	85,115,886

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	85,115,886	—	—	$	85,115,886

See accompanying Notes to Financial Statements.

23

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(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) at Value	$	85,116
Receivables:
Investment Securities Sold		9
Prepaid Expenses and Other Assets		11
Total Assets		85,136
LIABILITIES:
Payables:
Fund Shares Redeemed		9
Due to Advisor		1
Accrued Expenses and Other Liabilities		25
Total Liabilities		35
NET ASSETS	$	85,101
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		8,547,253
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	9.96
Investment in Affiliated Investment Company at Cost	$	64,359
NET ASSETS CONSIST OF:
Paid-In Capital	$	62,076
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		538
Accumulated Net Realized Gain (Loss)		1,731
Net Unrealized Foreign Exchange Gain (Loss)		(1	)
Net Unrealized Appreciation (Depreciation)		20,757
NET ASSETS	$	85,101
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.

24

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

Investment Income
Dividends (Net of Foreign Taxes Withheld of $94)	$	963
Income from Securities Lending		41
Expenses Allocated from Affiliated Investment Company		(97	)
Total Investment Income		907
Expenses
Administrative Services Fees		4
Accounting & Transfer Agent Fees		7
Shareholder Servicing Fees		81
Filing Fees		11
Shareholders’ Reports		6
Professional Fees		2
Other		1
Total Expenses		112
Net Investment Income (Loss)		795
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		1,758
Foreign Currency Transactions		(21	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,121
Translation of Foreign Currency Denominated Amounts		(4	)
Net Realized and Unrealized Gain (Loss)		2,854
Net Increase (Decrease) in Net Assets Resulting from Operations	$	3,649

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.

25

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

		Six Months			Year
		Ended			Ended
		April 30,			Oct. 31,
		2010			2009
		(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)		$	795		$	2,221
Net Realized Gain (Loss) on:
Investment Securities Sold			1,758			504
Futures			—			(2	)
Foreign Currency Transactions			(21	)		54
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency			1,121			19,636
Translation of Foreign Currency Denominated Amounts			(4	)		3
Net Increase (Decrease) in Net Assets Resulting from Operations	��		3,649			22,416
Distributions From:
Net Investment Income			(509	)		(2,264	)
Net Short-Term Gains			(509	)		—
Net Long-Term Gains			—			(26,436	)
Total Distributions			(1,018	)		(28,700	)
Capital Share Transactions (1):
Shares Issued			5,120			17,247
Shares Issued in Lieu of Cash Distributions			867			25,369
Shares Redeemed			(9,021	)		(35,147	)
Net Increase (Decrease) from Capital Share Transactions			(3,034	)		7,469
Total Increase (Decrease) in Net Assets			(403	)		1,185
Net Assets
Beginning of Period			85,504			84,319
End of Period		$	85,101		$	85,504
(1) Shares Issued and Redeemed:
Shares Issued			516			2,238
Shares Issued in Lieu of Cash Distributions			88			3,560
Shares Redeemed			(911	)		(4,341	)
Net Increase (Decrease) from Shares Issued and Redeemed			(307	)		1,457
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		$	538		$	252

See accompanying Notes to Financial Statements.

26

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 April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	9.66		$	11.40		$	24.32		$	21.89		$	17.49		$	15.93		$	12.55
Income from Investment Operations
Net Investment Income (Loss)		0.09	(A)		0.25	(A)		0.66	(A)		0.65	(A)		0.61	(A)		0.48			0.27
Net Gains (Losses) on Securities
(Realized and Unrealized)		0.33			2.14			(11.36	)		2.98			5.23			1.87			3.63
Total from Investment Operations		0.42			2.39			(10.70	)		3.63			5.84			2.35			3.90
Less Distributions
Net Investment Income		(0.06	)		(0.27	)		(0.70	)		(0.58	)		(0.63	)		(0.43	)		(0.51	)
Net Realized Gains		(0.06	)		(3.86	)		(1.52	)		(0.62	)		(0.81	)		(0.36	)		(0.01	)
Total Distributions		(0.12	)		(4.13	)		(2.22	)		(1.20	)		(1.44	)		(0.79	)		(0.52	)
Net Asset Value, End of Period	$	9.96		$	9.66		$	11.40		$	24.32		$	21.89		$	17.49		$	15.93
Total Return		4.35	%(C)		34.92	%		(47.99	)%(C)		17.05	%		35.40	%		15.32	%		31.89	%
Net Assets, End of Period (thousands)		$85,101		$	85,504		$	84,319		$	185,239		$	179,984		$	138,782		$	130,397
Ratio of Expenses to Average Net Assets (D)		0.49	%(B)		0.52	%		0.47	%(B)		0.46	%		0.47	%		0.50	%		0.52	%
Ratio of Net Investment Income to Average Net Assets		1.86	%(B)		2.99	%		3.74	%(B)		2.76	%		3.14	%		2.88	%		1.88	%

 See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

27

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-seven operational portfolios, of which LWAS/DFA International High Book to Market Portfolio (“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 April 30, 2010, the Portfolio owned 1% of the Series.

On November 1, 2008 The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

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.

The Portfolio utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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)

A summary of the inputs used to value the Portfolio’s investments is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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

28

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 & Expenses. At April 30, 2010, 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 $2 (in thousands).

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 foreign currency from The DFA International Value Series, which is treated as a partnership for federal income tax purposes. Distributions received on securities that represent a return of capital 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 April 30, 2010, the Portfolio’s administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets of the Portfolio.

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $108 (in thousands). The total related amount paid by the Portfolio is 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.

29

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 October 31, 2009, primarily attributable to the reclassification of foreign currency gains to net investment income 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) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
LWAS/DFA International High Book to Market Portfolio	$51	$(51)

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gain	Total
2007	$6,376	$  3,987	$	10,363
2008	6,405	10,361		16,766
2009	2,267	26,433		28,700

At October 31, 2009, 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)
$760	—	$760

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

At April 30, 2010, 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)
$64,362	$23,404	$(2,650)	$20,754

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed each Portfolios’ tax positions and has concluded that no provision for income tax is required in any Portfolios’ financial statements. No Portfolio is aware of any tax positions for which it is reasonably possible that the total amounts of

30

unrecognized tax benefits will significantly change in the next twelve months. Each of the Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

F. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities 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. Other:

At April 30, 2010, two shareholders held approximately 97% 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.

31

H. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolio and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

32

THE DFA INVESTMENT TRUST COMPANY

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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
The U.S. Large Cap Value Series
Actual Fund Return	$	1,000.00	$	1,230.10	0.12%	$0.66
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20	0.12%	$0.60
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	1,044.70	0.23%	$1.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.65	0.23%	$1.15

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

33

THE DFA INVESTMENT TRUST COMPANY

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

The U.S. Large Cap Value Series
Consumer Discretionary	18.2%
Consumer Staples	6.9%
Energy	14.4%
Financials	25.9%
Health Care	6.1%
Industrials	14.2%
Information Technology	3.8%
Materials	4.6%
Telecommunication Services	5.0%
Utilities	0.9%
	100.0%

The DFA International Value Series
Consumer Discretionary	13.9%
Consumer Staples	5.9%
Energy	7.7%
Financials	36.6%
Health Care	0.9%
Industrials	10.7%
Information Technology	3.6%
Materials	12.4%
Other	—
Telecommunication Services	6.6%
Utilities	1.7%
	100.0%

34

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (91.7%)
Consumer Discretionary — (16.7%)
Carnival Corp.	2,788,461	$	116,278,824		1.3%
#CBS Corp. Class B	3,870,469		62,740,302		0.7%
Comcast Corp. Class A	11,512,642		227,259,553		2.5%
#Comcast Corp. Special Class A	3,751,193		70,709,988		0.8%
*Liberty Media Corp. Interactive Class A	3,585,265		55,105,523		0.6%
News Corp. Class A	8,257,941		127,337,450		1.4%
#*Sears Holdings Corp.	595,638		72,042,416		0.8%
#Time Warner Cable, Inc.	1,980,956		111,428,775		1.2%
Time Warner, Inc.	6,225,984		205,955,551		2.3%
Walt Disney Co. (The)	4,577,802		168,646,226		1.8%
Other Securities			426,379,685		4.7%
Total Consumer Discretionary			1,643,884,293		18.1%
Consumer Staples — (6.3%)
Archer-Daniels-Midland Co.	2,639,369		73,743,970		0.8%
CVS Caremark Corp.	5,818,740		214,886,068		2.3%
#Kraft Foods, Inc.	3,952,916		117,006,314		1.3%
Other Securities			215,899,088		2.4%
Total Consumer Staples			621,535,440		6.8%
Energy — (13.2%)
Anadarko Petroleum Corp.	2,760,568		171,596,907		1.9%
Chesapeake Energy Corp.	3,039,817		72,347,645		0.8%
Chevron Corp.	855,223		69,649,361		0.8%
ConocoPhillips	5,928,100		350,884,239		3.9%
Hess Corp.	1,215,222		77,227,358		0.8%
Marathon Oil Corp.	3,398,346		109,256,824		1.2%
National-Oilwell, Inc.	1,895,755		83,470,093		0.9%
Other Securities			366,713,878		4.0%
Total Energy			1,301,146,305		14.3%
Financials — (23.7%)
Allstate Corp. (The)	2,668,014		87,164,017		0.9%
Bank of America Corp.	18,616,251		331,927,755		3.6%
Capital One Financial Corp.	2,264,568		98,304,897		1.1%
Chubb Corp.	1,484,925		78,507,985		0.9%
*Citigroup, Inc.	28,943,302		126,482,230		1.4%
CME Group, Inc.	276,766		90,892,722		1.0%
JPMorgan Chase & Co.	2,944,498		125,376,725		1.4%
Loews Corp.	2,592,160		96,532,038		1.1%
MetLife, Inc.	4,631,345		211,096,705		2.3%
Prudential Financial, Inc.	1,954,433		124,223,761		1.4%
#SunTrust Banks, Inc.	2,063,720		61,086,112		0.7%
Travelers Cos., Inc. (The)	3,328,076		168,866,576		1.9%
Other Securities			738,329,036		8.1%
Total Financials			2,338,790,559		25.8%
Health Care — (5.6%)
Aetna, Inc.	1,768,869		52,270,079		0.6%
*Thermo Fisher Scientific, Inc.	1,696,073		93,758,915		1.0%
*UnitedHealth Group, Inc.	2,645,609		80,188,409		0.9%
*WellPoint, Inc.	2,580,122		138,810,564		1.5%
Other Securities			185,424,978		2.1%
Total Health Care			550,452,945		6.1%

35

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Industrials — (13.0%)
CSX Corp.	2,287,204	$	128,197,784		1.4%
FedEx Corp.	563,693		50,738,007		0.6%
General Electric Co.	18,948,832		357,374,971		4.0%
Norfolk Southern Corp.	2,186,220		129,708,433		1.4%
#Northrop Grumman Corp.	1,926,678		130,686,569		1.4%
Southwest Airlines Co.	4,297,932		56,646,744		0.6%
Union Pacific Corp.	2,835,808		214,557,233		2.4%
Other Securities			217,358,516		2.4%
Total Industrials			1,285,268,257		14.2%
Information Technology — (3.5%)
Other Securities			343,055,631		3.8%
Materials — (4.2%)
Alcoa, Inc.	5,082,514		68,308,988		0.7%
Dow Chemical Co. (The)	3,982,926		122,793,609		1.4%
International Paper Co.	2,281,591		61,009,743		0.7%
#Weyerhaeuser Co.	1,105,551		54,746,886		0.6%
Other Securities			112,004,968		1.2%
Total Materials			418,864,194		4.6%
Telecommunication Services — (4.6%)
AT&T, Inc.	11,233,286		292,739,433		3.2%
#*Sprint Nextel Corp.	11,713,380		49,781,865		0.6%
Verizon Communications, Inc.	1,782,841		51,506,276		0.6%
Other Securities			56,619,005		0.6%
Total Telecommunication Services			450,646,579		5.0%
Utilities — (0.9%)
Other Securities			87,113,402		1.0%
TOTAL COMMON STOCKS			9,040,757,605		99.7%
	Face   Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $20,140,000 FNMA 6.00%, 10/01/38, valued at $13,730,091) to be repurchased at $13,526,214	$13,526		13,526,000		0.2%
	Shares/ Face  Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.2%)
§@DFA Short Term Investment Fund	768,077,029		768,077,029		8.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $65,858,702 FNMA 2.688%(r), 03/01/35 & 6.122%(r), 08/01/37, valued at $26,313,027) to be repurchased at $25,547,006	$25,547		25,546,628		0.3%

36

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $29,140,000 FNMA 5.000%, 05/01/34 & 6.000%, 08/01/36, valued at $17,138,431) to be repurchased at $16,638,109	$	16,638	$	16,637,832		0.2%
TOTAL SECURITIES LENDING COLLATERAL				810,261,489		8.9%
TOTAL INVESTMENTS — (100.0%) (Cost $7,449,431,817)			$	9,864,545,094		108.8%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Consumer Discretionary	$	1,643,884,293		—		—	$	1,643,884,293
Consumer Staples		621,535,440		—		—		621,535,440
Energy		1,301,146,305		—		—		1,301,146,305
Financials		2,338,790,559		—		—		2,338,790,559
Health Care		550,452,945		—		—		550,452,945
Industrials		1,285,268,257		—		—		1,285,268,257
Information Technology		343,055,631		—		—		343,055,631
Materials		418,864,194		—		—		418,864,194
Telecommunication Services		450,646,579		—		—		450,646,579
Utilities		87,113,402		—		—		87,113,402
Temporary Cash Investments		—	$	13,526,000		—		13,526,000
Securities Lending Collateral		—		810,261,489		—		810,261,489
TOTAL	$	9,040,757,605	$	823,787,489		—	$	9,864,545,094

See accompanying Notes to Financial Statements.

37

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (84.1%)
AUSTRALIA — (5.2%)
Australia & New Zealand Banking Group, Ltd.	3,176,183	$	70,350,159		1.1%
National Australia Bank, Ltd.	2,342,165		59,839,711		0.9%
Wesfarmers, Ltd.	2,331,991		62,514,415		0.9%
Other Securities			213,248,699		3.2%
TOTAL AUSTRALIA			405,952,984		6.1%
AUSTRIA — (0.5%)
Other Securities			36,264,871		0.5%
BELGIUM — (0.6%)
Other Securities			46,552,727		0.7%
CANADA — (8.9%)
#Bank of Montreal	680,265		42,250,363		0.6%
#EnCana Corp.	1,307,643		43,253,401		0.6%
#Manulife Financial Corp.	2,074,478		37,413,307		0.6%
#Sun Life Financial, Inc.	1,262,400		37,121,370		0.6%
Suncor Energy, Inc.	1,057,029		36,160,423		0.5%
*Teck Resources, Ltd. Class B	1,418,230		55,735,127		0.8%
#Thomson Reuters Corp.	1,832,184		66,014,899		1.0%
#Toronto Dominion Bank	944,998		70,237,595		1.1%
TransCanada Corp.	1,065,371		37,588,991		0.6%
Other Securities			271,691,752		4.1%
TOTAL CANADA			697,467,228		10.5%
DENMARK — (1.2%)
Other Securities			94,897,499		1.4%
FINLAND — (0.8%)
Other Securities			59,187,255		0.9%
FRANCE — (7.0%)
#AXA SA	2,818,397		56,008,406		0.8%
BNP Paribas SA	913,891		62,771,738		1.0%
#Compagnie de Saint-Gobain SA	846,142		41,770,221		0.6%
Societe Generale Paris SA	996,332		53,203,436		0.8%
#Vivendi SA	2,686,677		70,478,172		1.1%
Other Securities			260,156,374		3.9%
TOTAL FRANCE			544,388,347		8.2%
GERMANY — (6.8%)
#Allianz SE	459,625		52,559,795		0.8%
Bayerische Motoren Werke AG	915,762		45,290,896		0.7%
Daimler AG	1,684,003		86,179,238		1.3%
Deutsche Bank AG	774,190		54,036,753		0.8%
#Munchener Rueckversicherungs-Gesellschaft AG	398,730		56,194,541		0.9%
Other Securities			240,941,814		3.6%
TOTAL GERMANY			535,203,037		8.1%
GREECE — (0.2%)
Other Securities			13,035,171		0.2%
HONG KONG — (1.9%)
Hutchison Whampoa, Ltd.	5,568,000		38,213,768		0.6%
Other Securities			107,269,586		1.6%
TOTAL HONG KONG			145,483,354		2.2%

38

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
IRELAND — (0.1%)
Other Securities		$	6,494,504		0.1%
ITALY — (2.2%)
#*Intesa Sanpaolo SpA	11,201,860		36,920,433		0.6%
*UniCredit SpA	22,325,370		58,508,215		0.9%
Other Securities			80,178,881		1.2%
TOTAL ITALY			175,607,529		2.7%
JAPAN — (14.9%)
FUJIFILM Holdings Corp.	1,327,000		45,478,278		0.7%
*Nissan Motor Co., Ltd.	4,257,200		37,042,570		0.5%
Sony Corp. Sponsored ADR	1,725,386		59,042,709		0.9%
Other Securities			1,025,385,618		15.5%
TOTAL JAPAN			1,166,949,175		17.6%
MALAYSIA — (0.0%)
Other Securities			—		0.0%
NETHERLANDS — (3.7%)
#ArcelorMittal NV	2,446,831		95,219,011		1.4%
Koninklijke Philips Electronics NV	2,870,499		96,388,982		1.5%
Other Securities			101,854,969		1.5%
TOTAL NETHERLANDS			293,462,962		4.4%
NEW ZEALAND — (0.1%)
Other Securities			8,507,124		0.1%
NORWAY — (1.0%)
Other Securities			75,226,049		1.1%
PORTUGAL — (0.1%)
Other Securities			8,836,227		0.1%
SINGAPORE — (1.4%)
Other Securities			112,298,827		1.7%
SPAIN — (3.0%)
#Banco Santander SA	3,335,415		42,411,010		0.6%
#Banco Santander SA Sponsored ADR	3,712,454		45,811,682		0.7%
Other Securities			149,589,052		2.3%
TOTAL SPAIN			237,811,744		3.6%
SWEDEN — (2.7%)
Nordea Bank AB	6,583,962		64,234,663		1.0%
Other Securities			145,570,214		2.2%
TOTAL SWEDEN			209,804,877		3.2%
SWITZERLAND — (6.1%)
Compagnie Financiere Richemont SA Series A	1,205,682		44,470,307		0.7%
#Credit Suisse Group AG	1,671,311		76,709,453		1.2%
#Credit Suisse Group AG Sponsored ADR	840,377		38,405,229		0.6%
#*Holcim, Ltd. AG	739,477		55,104,807		0.8%
*Swiss Reinsurance Co., Ltd. AG	931,611		40,402,531		0.6%
*UBS AG	3,481,616		53,937,826		0.8%
Zurich Financial Services AG	322,634		71,526,291		1.1%
Other Securities			100,304,943		1.5%
TOTAL SWITZERLAND			480,861,387		7.3%
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	1,196,479		50,821,561		0.8%

39

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage     of Net Assets**
UNITED KINGDOM — (Continued)
Aviva P.L.C.	7,396,866	$	39,102,707		0.6%
#Barclays P.L.C. Sponsored ADR	2,451,654		50,062,775		0.7%
#HSBC Holdings P.L.C. Sponsored ADR	2,052,635		104,458,595		1.6%
Kingfisher P.L.C.	10,285,817		39,200,367		0.6%
#Royal Dutch Shell P.L.C. ADR	2,647,536		160,652,484		2.4%
SABmiller P.L.C.	1,174,082		36,807,691		0.6%
Vodafone Group P.L.C.	34,976,333		77,460,069		1.2%
#Vodafone Group P.L.C. Sponsored ADR	8,066,329		179,072,504		2.7%
*Xstrata P.L.C.	3,843,909		63,258,372		0.9%
Other Securities			424,213,351		6.4%
TOTAL UNITED KINGDOM			1,225,110,476		18.5%
TOTAL COMMON STOCKS			6,579,403,354		99.2%
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
Other Securities			—		0.0%
	Shares/ Face   Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,950,000 FHLMC 5.00%, 10/15/19, valued at $14,943,938) to be repurchased at $14,719,233	$14,719		14,719,000		0.3%
	Shares/ Face   Amount
	(000)
SECURITIES LENDING COLLATERAL — (15.7%)
§@DFA Short Term Investment Fund	1,208,413,835		1,208,413,835		18.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valuedat $2,782,890) to be repurchased at $2,747,345	$2,747		2,747,304		0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valuedat $17,016,808) to be repurchased at $16,683,409	16,683		16,683,145		0.3%
TOTAL SECURITIES LENDING COLLATERAL			1,227,844,284		18.5%
TOTAL INVESTMENTS — (100.0%) (Cost $6,340,635,125)		$	7,821,966,638		118.0%

40

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	5,165,140	$	400,787,844		—	$	405,952,984
Austria		—		36,264,871		—		36,264,871
Belgium		4,378,533		42,174,194		—		46,552,727
Canada		697,467,228		—		—		697,467,228
Denmark		—		94,897,499		—		94,897,499
Finland		1,745,643		57,441,612		—		59,187,255
France		3,258,880		541,129,467		—		544,388,347
Germany		134,813,858		400,389,179		—		535,203,037
Greece		2,018,690		11,016,481		—		13,035,171
Hong Kong		—		145,483,354		—		145,483,354
Ireland		6,494,504		—		—		6,494,504
Italy		25,961,825		149,645,704		—		175,607,529
Japan		118,884,502		1,048,064,673		—		1,166,949,175
Malaysia		—		—		—		—
Netherlands		13,446,349		280,016,613		—		293,462,962
New Zealand		—		8,507,124		—		8,507,124
Norway		459,433		74,766,616		—		75,226,049
Portugal		—		8,836,227		—		8,836,227
Singapore		—		112,298,827		—		112,298,827
Spain		121,807,336		116,004,408		—		237,811,744
Sweden		8,128,568		201,676,309		—		209,804,877
Switzerland		52,459,762		428,401,625		—		480,861,387
United Kingdom		553,873,753		671,236,723		—		1,225,110,476
Rights/Warrants
Hong Kong		—		—		—		—
Temporary Cash Investments		—		14,719,000		—		14,719,000
Securities Lending Collateral		—		1,227,844,284		—		1,227,844,284
TOTAL	$	1,750,364,004	$	6,071,602,634		—	$	7,821,966,638

See accompanying Notes to Financial Statements.

41

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap Value Series		The DFA International Value Series
ASSETS:
Investments at Value (including $764,728 and $1,122,925 of securities on loan, respectively)	$	9,040,758	$	6,579,404
Temporary Cash Investments at Value & Cost		13,526		14,719
Collateral Received from Securities on Loan at Value & Cost		810,261		1,227,844
Foreign Currencies at Value		—		13,795
Cash		1,528		16
Receivables:
Investment Securities Sold		29,264		24,493
Dividends, Interest and Tax Reclaims		6,408		29,850
Securities Lending Income		124		1,294
Fund Shares Sold		466		8,650
Unrealized Gain on Foreign Currency Contracts		—		2
Prepaid Expenses and Other Assets		18		17
Total Assets		9,902,353		7,900,084
LIABILITIES:
Payables:
Upon Return of Securities Loaned		810,261		1,227,844
Investment Securities Purchased		24,241		37,337
Fund Shares Redeemed		546		2,343
Due to Advisor		760		1,141
Accrued Expenses and Other Liabilities		430		327
Total Liabilities		836,238		1,268,992
NET ASSETS	$	9,066,115	$	6,631,092
Investments at Cost	$	6,625,645	$	5,098,072
Foreign Currencies at Cost	$	—	$	13,784

See accompanying Notes to Financial Statements.

42

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(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 $7,240 respectively)	$	69,221	$	73,366
Interest		23		20
Income from Securities Lending		2,477		3,155
Total Investment Income		71,721		76,541
Expenses
Investment Advisory Services Fees		4,170		6,492
Accounting & Transfer Agent Fees		413		327
Custodian Fees		37		373
Shareholders’ Reports		31		24
Directors’/Trustees’ Fees & Expenses		47		37
Professional Fees		113		86
Other		44		51
Total Expenses		4,855		7,390
Net Investment Income (Loss)		66,866		69,151
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		396,358		124,884
Foreign Currency Transactions		—		(1,586	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,253,743		85,507
Translation of Foreign Currency Denominated Amounts		—		(272	)
Net Realized and Unrealized Gain (Loss)		1,650,101		208,533
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,716,967	$	277,684

See accompanying Notes to Financial Statements.

43

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 April 30, 2010			Year Ended Oct. 31, 2009				Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)							(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	66,866		$	155,080			$	69,151		$	161,170
Net Realized Gain (Loss) on:
Investment Securities Sold		396,358			(122,113	)			124,884			63,984
Futures		—			7,204				—			(1,125	)
Foreign Currency Transactions		—			—				(1,586	)		3,828
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,253,743			1,161,370				85,507			1,395,836
Futures		—			(29	)			—			—
Translation of Foreign Currency Denominated Amounts		—			—				(272	)		240
Net Increase (Decrease) in Net Assets Resulting from Operations		1,716,967			1,201,512				277,684			1,623,933
Transactions in Interest:
Contributions		200,582			734,173				351,725			449,410
Withdrawals		(359,834	)		(1,166,648	)			(190,281	)		(581,716	)
Net Increase (Decrease) from Transactions in Interest		(159,252	)		(432,475	)			161,444			(132,306	)
Total Increase (Decrease) in Net Assets		1,557,715			769,037				439,128			1,491,627
Net Assets
Beginning of Period		7,508,400			6,739,363				6,191,964			4,700,337
End of Period	$	9,066,115		$	7,508,400			$	6,631,092		$	6,191,964

See accompanying Notes to Financial Statements.

44

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The U.S. Large Cap Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		23.01	%(C)		11.90	%		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%
Net Assets, End of Period (thousands)	$	9,066,115		$	7,508,400		$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.13	%		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.62	%(B)		2.42	%		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%
Portfolio Turnover Rate		15	%(C)		29	%		19	%(C)		9	%		13	%		9	%		7	%
	The DFA International Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		4.47	%(C)		35.41	%		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%
Net Assets, End of Period (thousands)	$	6,631,092		$	6,191,964		$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.24	%		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		2.15	%(B)		3.22	%		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%
Portfolio Turnover Rate		7	%(C)		18	%		16	%(C)		16	%		8	%		10	%		15	%

See page 1 for the Definitions of Abbreviations and Footnotes.

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

45

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 thirteen investment portfolios, of which two (the “Series”) are presented in this report.

Effective December 31, 2008, The U.S. Large Cap Value Series and on November 1, 2008, The DFA International Value Series, each a master fund in a RIC/RIC master-feeder structure, elected with the consent of their respective Holder(s) to change their U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. Each Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

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 New York Stock Exchange (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.

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 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 value

46

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. 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.

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Series’ own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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.

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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses.

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Each Trustee has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Trustee shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board of the Fund (unless the Trustee files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Trustees have requested or received a distribution of proceeds of a deferred fee account.

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 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 April 30, 2010, 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 April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (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:

At April 30, 2010, 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):

The U.S. Large Cap Value Series	$	207
The DFA International Value Series		165

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E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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	$	1,202,203	$	1,311,220
The DFA International Value Series		671,110		459,246

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

F. Federal Income Taxes:

No provision for federal income taxes is required since the Series’ are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

At April 30, 2010, 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)
The U.S. Large Cap Value Series	$	7,449,432	$	2,458,439	$	(43,326)	$	2,415,113
The DFA International Value Series		6,340,818		1,567,466		(86,317)		1,481,149

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed each Series’ tax positions and has concluded that no provision for income tax is required in any Series’ financial statements. No Series is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a

49

newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease)      Paid-in Capital	Unrealized       Appreciation       (Depreciation) Investment Securities	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized   Gains (Losses)
$(3,038,312,278)	$2,303,664,484	$(698,899)	$735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

G. 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 certain U.S. Government securities 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 April 30, 2010.

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.

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Series.

3.    Futures Contracts:    The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. 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, which is presented

50

in the Statements of Operations as a net realized gain or loss on futures, 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.

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. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statements of Operations and the realized and change in unrealized gain or loss over the reporting period.

At April 30, 2010, the Series had no outstanding futures contracts.

H. Line of Credit:

The Series, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

For the six months ended April 30, 2010, 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	2.00%	$7,639	4	$2	$17,897

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

The Series, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011.

For the six months ended April 30, 2010, 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	0.92%	$1,537	1	—	$1,537

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

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I. Securities Lending:

As of April 30, 2010, some of the Series had securities on loan to brokers/dealers, for which each Series received 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 expected 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, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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 their stated investment policies, each Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, 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 trustees are indemnified against certain liabilities 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.

K. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Series and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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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: (512) 306-7400. 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.

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BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 18, 2009 (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”) and the sub-advisory agreements for The DFA International Value Series. For The DFA International Value Series, Dimensional Fund Advisors Ltd. and DFA Australia Limited each 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; and (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.

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 shareholders 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. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the 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 reasonable as compared with relevant performance standards.

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

54

were favorable in relation to those of 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 non-management fees charged by the Funds’ administrator and transfer agent have been negotiated by management over the course of the last four 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.

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Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
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 Fund’s shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

i

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DIMENSIONAL INVESTMENT GROUP INC.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments
Investment Abbreviations
	FHLMC	Federal Home Loan Mortgage Corporation
Investment Footnotes
	†	See Note B to Financial Statements.
Financial Highlights
	(A)	Computed using average shares outstanding.
	(B)	Annualized.
	(C)	Non-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.

1

DIMENSIONAL INVESTMENT 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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*		Expenses Paid During Period*
Global Equity Portfolio**
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,166.40	0.59	%	$	3.17
Institutional Class Shares	$	1,000.00	$	1,168.20	0.33	%	$	1.77
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.87	0.59	%	$	2.96
Institutional Class Shares	$	1,000.00	$	1,023.16	0.33	%	$	1.66

2

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*		Expenses Paid During Period*
Global 60/40 Portfolio**
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,105.70	0.57	%	$	2.98
Institutional Class Shares	$	1,000.00	$	1,105.70	0.31	%	$	1.62
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.97	0.57	%	$	2.86
Institutional Class Shares	$	1,000.00	$	1,023.26	0.31	%	$	1.56
Global 25/75 Portfolio**
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,055.90	0.62	%	$	3.16
Institutional Class Shares	$	1,000.00	$	1,056.70	0.29	%	$	1.48
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.72	0.62	%	$	3.11
Institutional Class Shares	$	1,000.00	$	1,023.36	0.29	%	$	1.45

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

** 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 (Affiliated Investment Companies).

3

DIMENSIONAL INVESTMENT 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 Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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.

	Affiliated Investment Companies
Global Equity Portfolio	100.0	%
Global 60/40 Portfolio	100.0	%
Global 25/75 Portfolio	100.0	%

4

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.9%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		71,080,005	$	727,148,452
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		46,232,693		479,895,354
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		22,204,643		227,819,638
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		5,810,979		110,931,590
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		906,173		18,340,942
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $1,410,138,582)				1,564,135,976
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $765,000 FHLMC 5.00%, 10/15/24, valued at $821,419) to be repurchased at $808,013 (Cost $808,000)	$	808		808,000
TOTAL INVESTMENTS - (100.0%) (Cost $1,410,946,582)			$	1,564,943,976

Summary of inputs used to value the Global Fund’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Affiliated Investment Companies	$	1,564,135,976		—	—	$	1,564,135,976
Temporary Cash Investments		—	$	808,000	—		808,000
TOTAL	$	1,564,135,976	$	808,000	—	$	1,564,943,976

See accompanying Notes to Financial Statements.

5

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL 60/40 PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.	22,548,900	$	230,675,247
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.	15,968,460		165,752,615
Investment in DFA Selectively Hedged Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.	13,077,206		132,210,553
Investment in DFA Five-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.	7,835,589		88,307,088
Investment in DFA Short-Term Extended Quality Portfolio of DFA Investment Dimensions Group Inc.	8,269,676		88,237,443
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.	7,492,581		76,873,881
Investment in DFA Inflation-Protected Securities Portfolio of DFA Investment Dimensions Group Inc.	3,939,158		44,157,962
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.	2,175,831		41,536,614
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.	263,973		5,342,814
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES - (100.0%) (Cost $833,784,182)		$	873,094,217

Summary of inputs used to value the Global Fund’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Companies	$	873,094,217	—	—	$	873,094,217
TOTAL	$	873,094,217	—	—	$	873,094,217

See accompanying Notes to Financial Statements.

6

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL 25/75 PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.8%)
Investment in DFA Short-Term Extended Quality Portfolio of DFA Investment Dimensions Group Inc.		5,522,744	$	58,927,679
Investment in DFA Two-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		5,766,382		58,874,761
Investment in DFA Inflation-Protected Securities Portfolio of DFA Investment Dimensions Group Inc.		2,622,596		29,399,302
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		2,213,231		22,641,354
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		1,511,248		15,686,755
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		761,513		7,813,124
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		209,090		3,991,529
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		29,683		600,784
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $184,169,196)				197,935,288
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $305,000 FHLMC 5.00%, 10/15/24, valued at $327,494) to be repurchased at $318,005 (Cost $318,000)	$	318		318,000
TOTAL INVESTMENTS - (100.0%) (Cost $184,487,196)			$	198,253,288

Summary of inputs used to value the Global Fund’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Affiliated Investment Companies	$	197,935,288		—	—	$	197,935,288
Temporary Cash Investments		—	$	318,000	—		318,000
TOTAL	$	197,935,288	$	318,000	—	$	198,253,288

See accompanying Notes to Financial Statements.

7

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(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	$	1,564,136		$	873,094		$	197,935
Temporary Cash Investments at Value & Cost		808			—			318
Receivables:
Affiliated Investment Companies		—			1,536			—
Fund Shares Sold		1,913			2,231			153
From Advisor		23			—			—
Prepaid Expenses and Other Assets		37			25			20
Total Assets		1,566,917			876,886			198,426
LIABILITIES:
Payables:
Affiliated Investment Companies		308			—			168
Fund Shares Redeemed		640			388			2
Due to Advisor		—			8			5
Loan Payable		—			1,236			—
Accrued Expenses and Other Liabilities		81			47			10
Total Liabilities		1,029			1,679			185
NET ASSETS	$	1,565,888		$	875,207		$	198,241
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares - based on net assets of $9,252; $6,439; and $1,982, and shares outstanding of 737,334; 526,700; and 173,732, respectively	$	12.55		$	12.23		$	11.41
NUMBER OF SHARES AUTHORIZED		500,000,000			300,000,000			300,000,000
Institutional Class Shares - based on net assets of $1,556,636; $868,768; and $196,259, and shares outstanding of 124,961,208; 71,433,273; and 17,295,079, respectively	$	12.46		$	12.16		$	11.35
NUMBER OF SHARES AUTHORIZED		700,000,000			500,000,000			300,000,000
Investments in Affiliated Investment Companies at Cost	$	1,410,139		$	833,784		$	184,169
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,586,583		$	871,205		$	190,631
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		28			196			137
Accumulated Net Realized Gain (Loss)		(174,720	)		(35,504	)		(6,293	)
Net Unrealized Appreciation (Depreciation)		153,997			39,310			13,766
NET ASSETS	$	1,565,888		$	875,207		$	198,241

See accompanying Notes to Financial Statements.

8

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(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	$	7,096		$	5,851		$	2,048
Total Investment Income Received from Affiliated Investment Companies		7,096			5,851			2,048
Fund Investment Income
Interest		1			1			—
Fund Expenses
Administrative Services Fees		2,146			1,002			181
Accounting & Transfer Agent Fees		17			13			8
Shareholder Servicing Fees - Class R2 Shares		10			7			2
Filing Fees		59			30			20
Shareholders’ Reports		31			16			3
Directors’/Trustees’ Fees & Expenses		8			4			1
Professional Fees		18			13			4
Other		9			7			2
Total Expenses		2,298			1,092			221
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		(2,137	)		(950	)		(153	)
Net Expenses		161			142			68
Net Investment Income (Loss)		6,936			5,710			1,980
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		—			150			89
Net Realized Gain (Loss) on:
*Investment Securities Sold/Affiliated Investment Companies Shares Sold		(6,265	)		(5,338	)		(137	)
Change in Unrealized Appreciation (Depreciation) of:
*Investment Securities/Affiliated Investment Companies Shares		218,784			79,821			7,975
Net Realized and Unrealized Gain (Loss)		212,519			74,633			7,927
Net Increase (Decrease) in Net Assets Resulting from Operations	$	219,455		$	80,343		$	9,907

* 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 April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	6,936		$	22,528		$	5,710		$	10,835		$	1,980		$	2,522
Capital Gain Distributions Received from Affiliated Investment Companies		—			—			150			—			89			—
Net Realized Gain (Loss) on:
**Investment Securities Sold/Affiliated Investment Companies Shares Sold		(6,265	)		(165,306	)		(5,338	)		(29,775	)		(137	)		(4,918	)
*Futures		—			11			—			—			—			—
*Foreign Currency Transactions		—			—			—			(152	)		—			381
Change in Unrealized Appreciation (Depreciation) of:
**Investment Securities/Affiliated Investment Companies Shares		218,784			347,601			79,821			121,075			7,975			18,419
*Futures		—			78			—			(1	)		—			—
*Translation of Foreign Currency Denominated Amounts		—			(1	)		—			—			—			—
*Change in Deferred Thailand Capital Gains Tax		—			64			—			20			—			1
Net Increase (Decrease) in Net Assets Resulting from Operations		219,455			204,975			80,343			102,002			9,907			16,405
Distributions From:
Net Investment Income:
Class R2 Shares		(42	)		(102	)		(35	)		(59	)		(25	)		(18	)
Institutional Class Shares		(9,538	)		(23,361	)		(5,727	)		(11,206	)		(2,488	)		(2,554	)
Total Distributions From Net Investment Income		(9,580	)		(23,463	)		(5,762	)		(11,265	)		(2,513	)		(2,572	)
Net Realized Gains:
Class R2 Shares		—			—			—			(19	)		—			(21	)
Institutional Class Shares		—			—			(58	)		(2,205	)		(39	)		(2,016	)
Total Distributions From Net Realized Gains		—			—			(58	)		(2,224	)		(39	)		(2,037	)
Total Distributions to Shareholders		(9,580	)		(23,463	)		(5,820	)		(13,489	)		(2,552	)		(4,609	)
Capital Share Transactions:
Shares Issued		225,341			660,235			169,688			284,014			39,749			67,539
Shares Issued in Lieu of Cash Distributions		9,334			23,042			5,514			12,829			2,522			4,562
Shares Redeemed		(165,306	)		(563,865	)		(110,105	)		(242,374	)		(13,691	)		(49,102	)
Net Increase (Decrease) from Capital Share Transactions		69,369			119,412			65,097			54,469			28,580			22,999
Total Increase (Decrease) in Net Assets		279,244			300,924			139,620			142,982			35,935			34,795
Net Assets
Beginning of Period		1,286,644			985,720			735,587			592,605			162,306			127,511
End of Period	$	1,565,888		$	1,286,644		$	875,207		$	735,587		$	198,241		$	162,306
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	28		$	2,672		$	196		$	248		$	136		$	670

  * 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.

10

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

	Global Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.82		$	9.17		$	15.49		$	14.76		$	12.90		$	11.54		$	10.00
Income from Investment Operations
Net Investment Income		0.04	(A)		0.17	(A)		0.24	(A)		0.22	(A)		0.19	(A)		0.19	(A)		0.07
Net Gains (Losses) on Securities (Realized and Unrealized)		1.75			1.64			(6.06	)		0.86			2.29			1.33			1.54
Total from Investment Operations		1.79			1.81			(5.82	)		1.08			2.48			1.52			1.61
Less Distributions
Net Investment Income		(0.06	)		(0.16	)		(0.18	)		(0.18	)		(0.18	)		(0.14	)		(0.07	)
Net Realized Gains		—			—			(0.32	)		(0.17	)		(0.44	)		(0.02	)		—
Total Distributions		(0.06	)		(0.16	)		(0.50	)		(0.35	)		(0.62	)		(0.16	)		(0.07	)
Net Asset Value, End of Period	$	12.55		$	10.82		$	9.17		$	15.49		$	14.76		$	12.90		$	11.54
Total Return		16.64	%(C)		20.06	%		(38.72	)%(C)		7.42	%		20.04	%		13.25	%		16.18	%(C)
Net Assets, End of Period (thousands)	$	9,252		$	6,782		$	6,819		$	27,904		$	32,717		$	16,092		$	14,684
Ratio of Expenses to Average Net Assets (D)		0.59	%(B)		0.62	%		0.60	%(B)		0.58	%		0.62	%		0.71	%		0.90	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.89	%(B)		0.91	%		0.87	%(B)		0.84	%		0.85	%		0.80	%		0.94	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.70	%(B)		1.83	%		1.99	%(B)		1.38	%		1.38	%		1.32	%		0.82	%(B)(E)

	Global 60/40 Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.13		$	9.55		$	13.16		$	12.65		$	11.58		$	10.83		$	10.00
Income from Investment Operations
Net Investment Income		0.07	(A)		0.14	(A)		0.30	(A)		0.22	(A)		0.11	(A)		0.19	(A)		0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		1.10			1.60			(3.60	)		0.60			1.40			0.73			0.84
Total from Investment Operations		1.17			1.74			(3.30	)		0.82			1.51			0.92			0.92
Less Distributions
Net Investment Income		(0.07	)		(0.12	)		(0.18	)		(0.22	)		(0.18	)		(0.16	)		(0.09	)
Net Realized Gains		—			(0.04	)		(0.13	)		(0.09	)		(0.26	)		(0.01	)		—
Total Distributions		(0.07	)		(0.16	)		(0.31	)		(0.31	)		(0.44	)		(0.17	)		(0.09	)
Net Asset Value, End of Period	$	12.23		$	11.13		$	9.55		$	13.16		$	12.65		$	11.58		$	10.83
Total Return		10.57	%(C)		18.46	%		(25.63	)%(C)		6.50	%		13.49	%		8.57	%		9.29	%(C)
Net Assets, End of Period (thousands)	$	6,439		$	5,187		$	5,081		$	7,631		$	7,379		$	1,857		$	1,912
Ratio of Expenses to Average Net Assets (D)		0.57	%(B)		0.60	%		0.59	%(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)		0.81	%(B)		0.83	%		0.80	%(B)		0.76	%		0.77	%		0.80	%		1.28	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.14	%(B)		1.42	%		2.78	%(B)		1.67	%		0.89	%		1.73	%		0.94	%(B)(E)

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 April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.95		$	10.04		$	11.42		$	11.11		$	10.62		$	10.33		$	10.00
Income from Investment Operations
Net Investment Income		0.10	(A)		0.15	(A)		0.30	(A)		0.19	(A)		0.03	(A)		0.20	(A)		0.07
Net Gains (Losses) on Securities (Realized and Unrealized)		0.51			1.06			(1.39	)		0.41			0.77			0.25			0.37
Total from Investment Operations		0.61			1.21			(1.09	)		0.60			0.80			0.45			0.44
Less Distributions
Net Investment Income		(0.15	)		(0.14	)		(0.21	)		(0.20	)		(0.20	)		(0.16	)		(0.11	)
Net Realized Gains		—			(0.16	)		(0.08	)		(0.09	)		(0.11	)		—			—
Total Distributions		(0.15	)		(0.30	)		(0.29	)		(0.29	)		(0.31	)		(0.16	)		(0.11	)
Net Asset Value, End of Period	$	11.41		$	10.95		$	10.04		$	11.42		$	11.11		$	10.62		$	10.33
Total Return		5.59	%(C)		12.19	%		(9.72	)%(C)		5.47	%		7.75	%		4.47	%		4.44	%(C)
Net Assets, End of Period (thousands)	$	1,982		$	1,701		$	1,342		$	1,564		$	2,701		$	46		$	65
Ratio of Expenses to Average Net Assets (D)		0.62	%(B)		0.62	%		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)		0.76	%(B)		0.77	%		0.78	%(B)		0.71	%		0.74	%		0.95	%		6.00	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.89	%(B)		1.49	%		3.00	%(B)		1.66	%		0.28	%		2.00	%		1.03	%(B)(E)

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
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.74		$	9.14		$	15.48		$	14.78		$	12.92		$	11.56		$	10.00
Income from Investment Operations
Net Investment Income		0.06	(A)		0.20	(A)		0.27	(A)		0.27	(A)		0.23	(A)		0.25	(A)		0.09
Net Gains (Losses) on Securities (Realized and Unrealized)		1.74			1.61			(6.02	)		0.85			2.28			1.29			1.55
Total from Investment Operations		1.80			1.81			(5.75	)		1.12			2.51			1.54			1.64
Less Distributions
Net Investment Income		(0.08	)		(0.21	)		(0.27	)		(0.25	)		(0.21	)		(0.16	)		(0.08	)
Net Realized Gains		—			—			(0.32	)		(0.17	)		(0.44	)		(0.02	)		—
Total Distributions		(0.08	)		(0.21	)		(0.59	)		(0.42	)		(0.65	)		(0.18	)		(0.08	)
Net Asset Value, End of Period	$	12.46		$	10.74		$	9.14		$	15.48		$	14.78		$	12.92		$	11.56
Total Return		16.82	%(C)		20.30	%		(38.50	)%(C)		7.67	%		20.33	%		13.47	%		16.46	%(C)
Net Assets, End of Period (thousands)	$	1,556,636		$	1,279,862		$	978,901		$	1,218,439		$	847,574		$	485,301		$	179,079
Ratio of Expenses to Average Net Assets (D)		0.33	%(B)		0.35	%		0.34	%(B)		0.33	%		0.37	%		0.46	%		0.67	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.63	%(B)		0.64	%		0.61	%(B)		0.59	%		0.60	%		0.56	%		0.71	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.98	%(B)		2.17	%		2.26	%(B)		1.70	%		1.72	%		1.50	%		1.08	%(B)(E)

	Global 60/40 Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.08		$	9.53		$	13.17		$	12.67		$	11.60		$	10.83		$	10.00
Income from Investment Operations
Net Investment Income		0.08	(A)		0.18	(A)		0.27	(A)		0.25	(A)		0.19	(A)		0.22	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		1.09			1.59			(3.54	)		0.60			1.35			0.72			0.83
Total from Investment Operations		1.17			1.77			(3.27	)		0.85			1.54			0.94			0.94
Less Distributions
Net Investment Income		(0.09	)		(0.18	)		(0.24	)		(0.26	)		(0.21	)		(0.16	)		(0.11	)
Net Realized Gains		—			(0.04	)		(0.13	)		(0.09	)		(0.26	)		(0.01	)		—
Total Distributions		(0.09	)		(0.22	)		(0.37	)		(0.35	)		(0.47	)		(0.17	)		(0.11	)
Net Asset Value, End of Period	$	12.16		$	11.08		$	9.53		$	13.17		$	12.67		$	11.60		$	10.83
Total Return		10.57	%(C)		18.95	%		(25.47	)%(C)		6.79	%		13.78	%		8.80	%		9.41	%(C)
Net Assets, End of Period (thousands)	$	868,768		$	730,400		$	587,524		$	761,093		$	538,369		$	277,269		$	102,341
Ratio of Expenses to Average Net Assets (D)		0.31	%(B)		0.33	%		0.32	%(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)		0.55	%(B)		0.56	%		0.53	%(B)		0.51	%		0.52	%		0.55	%		0.83	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.44	%(B)		1.82	%		2.44	%(B)		1.90	%		1.56	%		1.99	%		1.18	%(B)(E)

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 April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.90		$	10.01		$	11.46		$	11.15		$	10.65		$	10.34		$	10.00
Income from Investment Operations
Net Investment Income		0.12	(A)		0.18	(A)		0.31	(A)		0.24	(A)		0.22	(A)		0.24	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		0.49			1.06			(1.37	)		0.40			0.60			0.24			0.36
Total from Investment Operations		0.61			1.24			(1.06	)		0.64			0.82			0.48			0.47
Less Distributions
Net Investment Income		(0.16	)		(0.19	)		(0.31	)		(0.24	)		(0.21	)		(0.17	)		(0.13	)
Net Realized Gains		—			(0.16	)		(0.08	)		(0.09	)		(0.11	)		—			—
Total Distributions		(0.16	)		(0.35	)		(0.39	)		(0.33	)		(0.32	)		(0.17	)		(0.13	)
Net Asset Value, End of Period	$	11.35		$	10.90		$	10.01		$	11.46		$	11.15		$	10.65		$	10.34
Total Return		5.67	%(C)		12.67	%		(9.55	)%(C)		5.85	%		7.97	%		4.71	%		4.73	%(C)
Net Assets, End of Period (thousands)	$	196,259		$	160,605		$	126,169		$	136,039		$	97,194		$	52,699		$	31,208
Ratio of Expenses to Average Net Assets(D)		0.29	%(B)		0.31	%		0.30	%(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)		0.46	%(B)		0.46	%		0.46	%(B)		0.46	%		0.49	%		0.71	%		1.32	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.21	%(B)		1.81	%		3.03	%(B)		2.15	%		1.59	%		2.33	%		0.95	%(B)(E)

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 (each a “Global Fund” and collectively, the “Global Funds”) are presented in this report.

The Global Funds achieve their investment objectives by primarily investing in other portfolios within DFA Investment Dimensions Group Inc. (“IDG”) (collectively, the “Master Funds”).

	Global Funds (Percentage of Ownership at April 30,  2010)
Master Funds	Global Equity Portfolio		Global 60/40 Portfolio		Global 25/75 Portfolio
U.S. Core Equity 1 Portfolio (IDG)	9	%	3	%	—
U.S. Core Equity 2 Portfolio (IDG)	15	%	5	%	—
DFA Real Estate Securities Portfolio (IDG)	1	%	—		—
International Core Equity Portfolio (IDG)	11	%	4	%	—
Emerging Markets Core Equity Portfolio (IDG)	3	%	1	%	—
DFA Two-Year Global Fixed Income Portfolio (IDG)	N/A		N/A		1	%
DFA Selectively Hedged Global Fixed Income Portfolio (IDG)	N/A		31	%	N/A
DFA Five-Year Global Fixed Income Portfolio (IDG)	N/A		2	%	N/A
DFA Inflation-Protected Securities Portfolio (IDG)	N/A		4	%	3	%
DFA Short-Term Extended Quality Portfolio (IDG)	N/A		16	%	10	%

N/A – Global Fund does not have any ownership in Master Fund.

Amounts designated as — are less than 1%

At April 30, 2010, Class R1 shares had not commenced operations. Class R1 shares for each Global Fund have 100,000,000 authorized shares as of April 30, 2010.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Global Funds from November 30 to October 31.

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:    Master Fund shares held by the Global Funds are valued at their respective daily net asset values, as these Master Funds are treated as regulated investment companies. The Global Funds’ investments in partnerships reflect proportionate interest in the net assets of their corresponding partnerships. At April 30, 2010, the Global Funds held no investments in partnerships.

15

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as 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 Global Funds’ own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Portfolios’ net assets by each major security type is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 & Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 investments in partnerships.

16

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 April 30, 2010, 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 maximum amount waived under this waiver is the full amount of a Global Fund’s administration fee to the Advisor. The Fee Waiver and Expense Assumption Agreement will remain in effect through March 1, 2011, 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 April 30, 2010, 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	%

Prior to March 1, 2010, the Advisor had 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 period ended February 28, 2010, 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	%

Prior to March 1, 2010, the Advisor had 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 period ended February 28, 2010, 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

17

waived fees subject to future recovery by the Advisor over periods not exceeding April 30, 2013 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	$	108
Institutional Class Shares		9,942
Global 60/40 Portfolio
Class R2 Shares		38
Institutional Class Shares		4,535
Global 25/75 Portfolio
Class R2 Shares		8
Institutional Class Shares		690

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (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:

At April 30, 2010, 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):

Global Equity Portfolio	$	35
Global 60/40 Portfolio		20
Global 25/75 Portfolio		4

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 October 31, 2009, primarily attributable to reclassification of distributions 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):

18

	Increase (Decrease) Paid-In Capital			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
Global Equity Portfolio	$	(86	)	$	44		$	42
Global 60/40 Portfolio		104			(673	)		569
Global 25/75 Portfolio		19			323			(342	)

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
Global Equity Portfolio
2007	$	20,438	$	9,279	$	29,717
2008		26,394		24,056		50,450
2009		23,463		—		23,463
Global 60/40 Portfolio
2007		14,075		3,393		17,468
2008		17,159		7,556		24,715
2009		11,799		1,690		13,489
Global 25/75 Portfolio
2007		2,739		742		3,481
2008		4,258		871		5,129
2009		2,629		1,979		4,608

At October 31, 2009, 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)
Global Equity Portfolio	$	2,702	—	$	(77,056	)	$	(74,354	)
Global 60/40 Portfolio		265	—		(26,314	)		(26,049	)
Global 25/75 Portfolio		675	—		(3,215	)		(2,540	)

For Federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the Portfolio had capital loss carryforward available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on October 31,
	2016		2017		Total
Global Equity Portfolio	$	2,732	$	74,324	$	77,056
Global 60/40 Portfolio		—		26,314		26,314
Global 25/75 Portfolio		—		3,215		3,215

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At April 30, 2010, 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)
Global Equity Portfolio	$	1,504,392	$	153,997	$	(93,445	)	$	60,552
Global 60/40 Portfolio		840,102		43,956		(10,964	)		32,992
Global 25/75 Portfolio		187,465		14,007		(3,219	)		10,788

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed each Global Portfolio’s tax positions and has concluded that no provision for income tax is required in any Global Portfolios’ financial statements. No Global Portfolio is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Global Portfolio’s federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA Two-Year Global Fixed Income Series, a master fund in a RIC/RIC master-feeder structure with RIC feeders, underlying fund of fund investors and direct client investors, made a “Check-the-Box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classifications from a corporation taxable as a regulated investment company to a partnership. As a result of this election, for tax purposes, the master fund is deemed to have distributed all of its assets and liabilities to its shareholders in liquidation of the master fund. Since the master fund has a shareholder owning 80% or more of the fund’s shares, and also has shareholders owning less than 80%, the fund’s respective transaction creates a non-taxable transaction, pursuant to Internal Revenue Code §332 for those owning more than 80%, and a taxable transaction, pursuant to Internal Revenue Code §331, for those shareholders owning less than 80%. Immediately after the deemed liquidation, the shareholders contributed all of the distributed assets and liabilities to the newly formed partnership. The final tax year end of the master fund was October 31, 2008.

For federal income tax purposes, pursuant to IRC §336(a), the master fund recognized gain or loss relative to the investment of the less than 80% shareholders as if the master’s investment securities were sold to those shareholders and, pursuant to IRC §331, each of those shareholders recognized gain or loss as if it liquidated its investment in the master. Global 60/40 Portfolio and Global 25/75 Portfolio, each representing a less than 80% owner of The DFA Two-Year Global Fixed Income Series, recognized $3,046,638 and $1,370,411 of net capital gain respectively for their tax year ended October 31, 2008. Pursuant to IRC §334(a), each of these shareholders took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

F. Capital Share Transactions:

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

	Six Months Ended April 30, 2010				Year Ended Oct. 31, 2009
	Amount			Shares	Amount			Shares
Global Equity Portfolio
Class R2 Shares
Shares Issued	$	2,198		1	$	3,330		379
Shares Issued in Lieu of Cash Distributions		42		—		102		11
Shares Redeemed	$	(954	)	—	$	(4,468	)	(507	)

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	Six Months Ended April 30, 2010				Year Ended Oct. 31, 2009
	Amount			Shares	Amount			Shares
Net Increase (Decrease) — Class R2 Shares	$	1,286		1	$	(1,036	)	(117	)
Institutional Class Shares
Shares Issued	$	223,143		19,076	$	656,905		76,215
Shares Issued in Lieu of Cash Distributions		9,292		817		22,940		2,590
Shares Redeemed		(164,352	)	14,113		(559,397	)	(66,771	)
Net Increase (Decrease) — Institutional Class Shares	$	68,083		34,006	$	120,448		12,034
Global 60/40 Portfolio
Class R2 Shares
Shares Issued	$	1,390		1	$	3,579		381
Shares Issued in Lieu of Cash Distributions		36		—		79		8
Shares Redeemed		(718	)	1		(4,402	)	(455	)
Net Increase (Decrease) — Class R2 Shares	$	708		2	$	(744	)	(66	)
Institutional Class Shares
Shares Issued	$	168,298		14,392	$	280,435		28,041
Shares Issued in Lieu of Cash Distributions		5,478		477		12,750		1,324
Shares Redeemed		(109,387	)	9,382		(237,972	)	(25,048	)
Net Increase (Decrease) — Institutional Class Shares	$	64,389		24,251	$	55,213		4,317
Global 25/75 Portfolio
Class R2 Shares
Shares Issued	$	850		—	$	1,156		113
Shares Issued in Lieu of Cash Distributions		26		—		39		4
Shares Redeemed		(669	)	—		(983	)	(96	)
Net Increase (Decrease) — Class R2 Shares	$	207		—	$	212		21
Institutional Class Shares
Shares Issued	$	38,899		3,500	$	66,383		6,523
Shares Issued in Lieu of Cash Distributions		2,496		228		4,523		444
Shares Redeemed		(13,022	)	1,173		(48,119	)	(4,829	)
Net Increase (Decrease) — Institutional Class Shares	$	28,373		4,901	$	22,787		2,138

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 certain U.S. Government securities 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

21

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 April 30, 2010.

H. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

For the six months ended April 30, 2010, 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	1.93	%	$	434	22	$	1	$	2,071
Global 60/40 Portfolio	1.96	%		1,210	24		2		5,866
Global 25/75 Portfolio	1.94	%		285	2		—		464

At April 30, 2010, Global 60/40 Portfolio had a loan outstanding in the amount of $1,236 (in thousands).

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Global Funds under this line of credit during the six months ended April 30, 2010.

I. 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 Global Funds’ Class R2 Shares.

J. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities 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.

22

K. Other:

At April 30, 2010, 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	3	96	%
Global Equity Portfolio — Institutional Class Shares	3	84	%
Global 60/40 Portfolio — Class R2 Shares	3	93	%
Global 60/40 Portfolio — Institutional Class Shares	3	74	%
Global 25/75 Portfolio — Class R2 Shares	3	100	%
Global 25/75 Portfolio — Institutional Class Shares	3	86	%

L. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolios and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

23

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: (512) 306-7400. 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.

24

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 18, 2009 (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.

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; and (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.

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 shareholders 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. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the 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 reasonable as compared with relevant performance standards.

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 those of its 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 four years.

25

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.

26

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DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Cap Value Portfolio II

DFA International Value Portfolio II

Semi-Annual Report

Six Months Ended April 30, 2010

(Unaudited)

Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes	1
Dimensional Investment Group Inc.
Disclosure of Fund Expenses	2
Disclosure of Portfolio Holdings	4
Schedules of Investments
U.S. Large Cap Value Portfolio II	5
DFA International Value Portfolio II	5
Statements of Assets and Liabilities	6
Statements of Operations	7
Statements of Changes in Net Assets	8
Financial Highlights	9
Notes to Financial Statements	10
The DFA Investment Trust Company
Disclosure of Fund Expenses	16
Disclosure of Portfolio Holdings	18
Summary Schedules of Portfolio Holdings
The U.S. Large Cap Value Series	19
The DFA International Value Series	22
Statements of Assets and Liabilities	26
Statements of Operations	27
Statements of Changes in Net Assets	28
Financial Highlights	29
Notes to Financial Statements	30
Voting Proxies on Fund Portfolio Securities	37
Board Approval of Investment Advisory Agreements	38

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

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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
	FHLMC	Federal Home Loan Mortgage Corporation
	FNMA	Federal National Mortgage Association
	P.L.C.	Public Limited Company
Investment Footnotes
	†	See Note B to Financial Statements.
	††	Securities have generally been fair valued. 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.
	(r)	The adjustable rate shown is effective as of April 30, 2010.
	§	Affiliated Fund.
Financial Highlights
	(A)	Computed using average shares outstanding.
	(B)	Annualized
	(C)	Non-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.
	RIC	Registered Investment Company
	SEC	Securities and Exchange Commission

1

DIMENSIONAL INVESTMENT 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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*		Expenses Paid During Period*
U.S. Large Cap Value Portfolio II
Actual Fund Return	$	1,000.00	$	1,229.30	0.19	%	$	1.05
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.85	0.19	%	$	0.95

2

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
DFA International Value Portfolio II
Actual Fund Return	$	1,000.00	$	1,044.80	0.29%	$	1.47
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.36	0.29%	$	1.45

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

3

DIMENSIONAL INVESTMENT 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 Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 Companies are represented in the Disclosure of Portfolio Holdings, which are included elsewhere within the report. Refer to the Summary Schedules of Portfolio Holdings for the underlying Master Funds’ holdings which reflect the investments by category.

	Affiliated Investment Companies
U.S. Large Cap Value Portfolio II	100.0%
DFA International Value Portfolio II	100.0%

4

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

U.S. LARGE CAP VALUE PORTFOLIO II

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	124,745,746
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $92,794,512)	$	124,745,746

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Companies	$	124,745,746	—	—	$	124,745,746

DFA INTERNATIONAL VALUE PORTFOLIO II

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	142,108,017
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $110,141,016)	$	142,108,017

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Companies	$	142,108,017	—	—	$	142,108,017

See accompanying Notes to Financial Statements.

5

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	U.S. Large Cap Value Portfolio II			DFA International Value Portfolio II
ASSETS:
Investments in Affiliated Investment Companies at Value	$	124,746		$	142,108
Receivables:
Affiliated Investment Companies Sold		—			138
Fund Shares Sold		243			10
Prepaid Expenses and Other Assets		7			8
Total Assets		124,996			142,264
LIABILITIES:
Payables:
Affiliated Investment Companies Purchased		227			—
Fund Shares Redeemed		16			148
Due to Advisor		1			1
Accrued Expenses and Other Liabilities		18			21
Total Liabilities		262			170
NET ASSETS	$	124,734		$	142,094
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		13,599,063			22,350,255
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	9.17		$	6.36
Investment in Affiliated Investment Companies at Cost	$	92,795		$	110,141
NET ASSETS CONSIST OF:
Paid-In Capital	$	138,026		$	106,534
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		223			964
Accumulated Net Realized Gain (Loss)		(45,466	)		2,630
Net Unrealized Foreign Exchange Gain (Loss)		—			(1	)
Net Unrealized Appreciation (Depreciation)		31,951			31,967
NET ASSETS	$	124,734		$	142,094
(1) NUMBER OF SHARES AUTHORIZED		300,000,000			300,000,000

See accompanying Notes to Financial Statements.

6

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	U.S. Large Cap Value Portfolio II			DFA International Value Portfolio II
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0 and $161, respectively)	$	928		$	1,645
Income from Securities Lending		34			70
Expenses Allocated from Affiliated Investment Companies		(65	)		(168	)
Total Investment Income		897			1,547
Expenses
Administrative Services Fees		6			7
Accounting & Transfer Agent Fees		7			7
Filing Fees		10			10
Shareholders’ Reports		11			12
Directors’/Trustees’ Fees & Expenses		—			1
Audit Fees		1			1
Legal Fees		3			4
Other		1			1
Total Expenses		39			43
Net Investment Income (Loss)		858			1,504
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		5,241			2,683
Foreign Currency Transactions		—			(36	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		16,715			2,068
Translation of Foreign Currency Denominated Amounts		—			(6	)
Net Realized and Unrealized Gain (Loss)		21,956			4,709
Net Increase (Decrease) in Net Assets Resulting from Operations	$	22,814		$	6,213

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.

7

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Large Cap Value Portfolio II						DFA International Value Portfolio II
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	858		$	2,023		$	1,504		$	3,565
Net Realized Gain (Loss) on:
Investment Securities Sold		5,241			(49,627	)		2,683			1,232
Futures		—			—			—			(33	)
Foreign Currency Transactions		—			—			(36	)		86
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		16,715			56,943			2,068			29,899
Translation of Foreign Currency Denominated Amounts		—			—			(6	)		5
Net Increase (Decrease) in Net Assets Resulting from Operations		22,814			9,339			6,213			34,754
Distributions From:
Net Investment Income		(883	)		(2,293	)		(1,004	)		(3,548	)
Net Short-Term Gains		—			—			(1,217	)		—
Net Long-Term Gains		—			(40,902	)		—			(63,588	)
Total Distributions		(883	)		(43,195	)		(2,221	)		(67,136	)
Capital Share Transactions (1):
Shares Issued		9,883			15,401			8,221			20,479
Shares Issued in Lieu of Cash Distributions		883			43,195			2,221			67,136
Shares Redeemed		(8,869	)		(18,603	)		(16,238	)		(24,551	)
Net Increase (Decrease) from Capital Share Transactions		1,897			39,993			(5,796	)		63,064
Total Increase (Decrease) in Net Assets		23,828			6,137			(1,804	)		30,682
Net Assets
Beginning of Period		100,906			94,769			143,898			113,216
End of Period	$	124,734		$	100,906		$	142,094		$	143,898
(1) Shares Issued and Redeemed:
Shares Issued		1,155			2,286			1,282			3,777
Shares Issued in Lieu of Cash Distributions		108			6,967			355			14,796
Shares Redeemed		(1,081	)		(2,864	)		(2,572	)		(5,062	)
Net Increase (Decrease) from Shares Issuedand Redeemed		182			6,389			(935	)		13,511
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	223		$	248		$	964		$	464

See accompanying Notes to Financial Statements.

8

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Cap Value Portfolio II
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	7.52		$	13.48		$	22.87		$	23.80		$	20.53		$	18.13		$	15.19
Income from Investment Operations
Net Investment Income (Loss)		0.06	(A)		0.15	(A)		0.27	(A)		0.33	(A)		0.38	(A)		0.30			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		1.66			0.03			(8.10	)		(0.39	)		3.29			2.32			3.09
Total from Investment Operations		1.72			0.18			(7.83	)		(0.06	)		3.67			2.62			3.25
Less Distributions
Net Investment Income		(0.07	)		(0.25	)		(0.37	)		(0.34	)		(0.35	)		(0.22	)		(0.31	)
Net Realized Gains		—			(5.89	)		(1.19	)		(0.53	)		(0.05	)		—			—
Total Distributions		(0.07	)		(6.14	)		(1.56	)		(0.87	)		(0.40	)		(0.22	)		(0.31	)
Net Asset Value, End of Period	$	9.17		$	7.52		$	13.48		$	22.87		$	23.80		$	20.53		$	18.13
Total Return		22.93	%(C)		11.79	%		(36.60	)%(C)		(0.34	)%		18.16	%		14.57	%		21.66	%
Net Assets, End of Period (thousands)	$	124,734		$	100,906		$	94,769		$	470,014		$	492,916		$	345,171		$	195,975
Ratio of Expenses to Average Net Assets (D)		0.19	%(B)		0.23	%		0.16	%(B)		0.14	%		0.16	%		0.18	%		0.21	%
Ratio of Net Investment Income to Average Net Assets		1.54	%(B)		2.32	%		1.44	%(B)		1.36	%		1.74	%		1.60	%		0.98	%

	DFA International Value Portfolio II
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	6.18		$	11.58		$	23.73		$	21.13		$	16.50		$	14.69		$	11.54
Income from Investment Operations
Net Investment Income (Loss)		0.06	(A)		0.17	(A)		0.54	(A)		0.70	(A)		0.65	(A)		0.48			0.25
Net Gains (Losses) on Securities (Realized and Unrealized)		0.21			1.23			(11.35	)		2.88			5.01			1.76			3.37
Total from Investment Operations		0.27			1.40			(10.81	)		3.58			5.66			2.24			3.62
Less Distributions
Net Investment Income		(0.04	)		(0.21	)		(0.84	)		(0.64	)		(0.64	)		(0.41	)		(0.44	)
Net Realized Gains		(0.05	)		(6.59	)		(0.50	)		(0.34	)		(0.39	)		(0.02	)		(0.03	)
Total Distributions		(0.09	)		(6.80	)		(1.34	)		(0.98	)		(1.03	)		(0.43	)		(0.47	)
Net Asset Value, End of Period	$	6.36		$	6.18		$	11.58		$	23.73		$	21.13		$	16.50		$	14.69
Total Return		4.48	%(C)		35.34	%		(47.93	)%(C)		17.29	%		35.74	%		15.50	%		32.11	%
Net Assets, End of Period (thousands)	$	142,094		$	143,898		$	113,216		$	762,763		$	621,214		$	340,467		$	189,176
Ratio of Expenses to Average Net Assets (D)		0.29	%(B)		0.33	%		0.26	%(B)		0.25	%		0.27	%		0.31	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		2.06	%(B)		3.10	%		2.84	%(B)		3.02	%		3.41	%		3.06	%		1.98	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

9

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 consists of fifteen portfolios, of which U.S. Large Cap Value Portfolio II and DFA International Value Portfolio II (the “Portfolios”) are presented in this report.

U.S. Large Cap Value Portfolio II and DFA International Value Portfolio II primarily invest their assets in The U.S. Large Cap Value Series and The DFA International Value Series, respectively, (the “Series”), a corresponding series of The DFA Investment Trust Company. At April 30, 2010, U.S. Large Cap Value Portfolio II owned 1% and DFA International Value Portfolio II owned 2% 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 Portfolios.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the fund is a result of the treatment of a partnership for book purposes. The Series/Portfolios will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

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 Portfolios’ investment reflects its proportionate interest in the net assets of the Series.

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels described below:

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

10

•    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)

A summary of the inputs used to value the Portfolios’ investments is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 & Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

3.    Other: The Portfolios recognize their pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities and foreign currency 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 Portfolios estimate the character of distributions received that may be considered return of capital distributions. 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 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 the Series. For the six months ended April 30, 2010, the Portfolios’ administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets of the Portfolios.

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 April 30, 2010, the total related amounts paid by the

11

Fund to the CCO were $13 (in thousands). The total related amounts paid by the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

At April 30, 2010, 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 Cap Value Portfolio II	$	3
DFA International Value Portfolio II		4

E. 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 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 October 31, 2009 were classified to the following accounts. The 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)
U.S. Large Cap Value Portfolio II	$	(17	)	17
DFA International Value Portfolio II		82		(82	)

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009, were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Large Cap Value Portfolio II
2007	$	8,185	$	10,356	$	18,541
2008		4,399		24,131		28,530
2009		2,299		40,896		43,195
DFA International Value Portfolio II
2007		21,690		8,778		30,468
2008		13,755		14,797		28,552
2009		3,552		63,584		67,136

12

At October 31, 2009, 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 Loss)
U.S. Large Cap Value Portfolio II	$	251	—	$	(50,707	)	$	(50,456	)
DFA International Value Portfolio II		1,671	—		—			1,671

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the U.S. Large Cap Value Portfolio II had capital loss carryforwards of $50,707 (in thousands) available to offset future realized capital gains through October 31, 2017. As of October 31, 2009, the DFA International Value Portfolio II had no capital loss carryforwards available to offset future realized capital gains.

At April 30, 2010, 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)
U.S. Large Cap Value Portfolio II	$	92,795	$	32,930	$	(979	)	$	31,951
DFA International Value Portfolio II		110,145		35,454		(3,491	)		31,963

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be in a tax return. Management has analyzed the Portfolios’ tax position and has concluded that no provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax position for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-In Capital	Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(3,038,312,278)	$	2,303,664,484	$	(698,899	)	$	735,346,693

13

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

Each Portfolio impacted by the “Check the Box” election also has a permanent book/tax difference resulting from the transaction. Listed below is the permanent difference impacting each respective Portfolio. For financial statement purposes, this adjustment did not result in any changes to each respective fund’s net assets or net asset value per share.

	Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
U.S. Large Cap Value Portfolio	$	(606,345	)	$	606,345
U.S. Large Cap Value Portfolio II		(10,872	)		10,872
U.S. Large Cap Value Portfolio III		(139,353	)		139,353
LWAS/DFA U.S. High Book To Market Portfolio		(7,793	)		7,793

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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

14

credit. The agreement for the line of credit expires on January 15, 2011. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

G. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of the 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.

H. Other:

At April 30, 2010, two shareholders held 100% of the outstanding shares of the Portfolios.

I. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolios and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

15

THE DFA INVESTMENT TRUST COMPANY

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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*		Expenses Paid During Period*
The U.S. Large Cap Value Series
Actual Fund Return	$	1,000.00	$	1,230.10	0.12	%	$	0.66
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20	0.12	%	$	0.60

16

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*		Expenses Paid During Period*
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	1,044.70	0.23	%	$	1.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.65	0.23	%	$	1.15

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

17

THE DFA INVESTMENT TRUST COMPANY

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

The U.S. Large Cap Value Series		The DFA International Value Series
Consumer Discretionary	18.2%	Consumer Discretionary	13.9%
Consumer Staples	6.9%	Consumer Staples	5.9%
Energy	14.4%	Energy	7.7%
Financials	25.9%	Financials	36.6%
Health Care	6.1%	Health Care	0.9%
Industrials	14.2%	Industrials	10.7%
Information Technology	3.8%	Information Technology	3.6%
Materials	4.6%	Materials	12.4%
Telecommunication Services	5.0%	Other	—
Utilities	0.9%	Telecommunication Services	6.6%
	100.0%	Utilities	1.7%
			100.0%

18

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULES OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (91.7%)
Consumer Discretionary — (16.7%)
Carnival Corp.	2,788,461	$	116,278,824	1.3	%
#CBS Corp. Class B	3,870,469		62,740,302	0.7	%
Comcast Corp. Class A	11,512,642		227,259,553	2.5	%
#Comcast Corp. Special Class A	3,751,193		70,709,988	0.8	%
*Liberty Media Corp. Interactive Class A	3,585,265		55,105,523	0.6	%
News Corp. Class A	8,257,941		127,337,450	1.4	%
#*Sears Holdings Corp.	595,638		72,042,416	0.8	%
#Time Warner Cable, Inc.	1,980,956		111,428,775	1.2	%
Time Warner, Inc.	6,225,984		205,955,551	2.3	%
Walt Disney Co. (The)	4,577,802		168,646,226	1.8	%
Other Securities			426,379,685	4.7	%
Total Consumer Discretionary			1,643,884,293	18.1	%
Consumer Staples — (6.3%)
Archer-Daniels-Midland Co.	2,639,369		73,743,970	0.8	%
CVS Caremark Corp.	5,818,740		214,886,068	2.3	%
#Kraft Foods, Inc.	3,952,916		117,006,314	1.3	%
Other Securities			215,899,088	2.4	%
Total Consumer Staples			621,535,440	6.8	%
Energy — (13.2%)
Anadarko Petroleum Corp.	2,760,568		171,596,907	1.9	%
Chesapeake Energy Corp.	3,039,817		72,347,645	0.8	%
Chevron Corp.	855,223		69,649,361	0.8	%
ConocoPhillips	5,928,100		350,884,239	3.9	%
Hess Corp.	1,215,222		77,227,358	0.8	%
Marathon Oil Corp.	3,398,346		109,256,824	1.2	%
National-Oilwell, Inc.	1,895,755		83,470,093	0.9	%
Other Securities			366,713,878	4.0	%
Total Energy			1,301,146,305	14.3	%
Financials — (23.7%)
Allstate Corp. (The)	2,668,014		87,164,017	0.9	%
Bank of America Corp.	18,616,251		331,927,755	3.6	%
Capital One Financial Corp.	2,264,568		98,304,897	1.1	%
Chubb Corp	1,484,925		78,507,985	0.9	%
*Citigroup, Inc.	28,943,302		126,482,230	1.4	%
CME Group, Inc	276,766		90,892,722	1.0	%
JPMorgan Chase & Co.	2,944,498		125,376,725	1.4	%
Loews Corp.	2,592,160		96,532,038	1.1	%
MetLife, Inc.	4,631,345		211,096,705	2.3	%
Prudential Financial, Inc.	1,954,433		124,223,761	1.4	%
#SunTrust Banks, Inc.	2,063,720		61,086,112	0.7	%
Travelers Cos., Inc. (The)	3,328,076		168,866,576	1.9	%
Other Securities			738,329,036	8.1	%
Total Financials			2,338,790,559	25.8	%
Health Care — (5.6%)
Aetna, Inc.	1,768,869		52,270,079	0.6	%
*Thermo Fisher Scientific, Inc.	1,696,073		93,758,915	1.0	%
*UnitedHealth Group, Inc.	2,645,609		80,188,409	0.9	%
*WellPoint, Inc.	2,580,122		138,810,564	1.5	%
Other Securities			185,424,978	2.1	%
Total Health Care			550,452,945	6.1	%

19

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (13.0%)
CSX Corp.		2,287,204	$	128,197,784	1.4%
FedEx Corp.		563,693		50,738,007	0.6%
General Electric Co.		18,948,832		357,374,971	4.0%
Norfolk Southern Corp.		2,186,220		129,708,433	1.4%
#Northrop Grumman Corp.		1,926,678		130,686,569	1.4%
Southwest Airlines Co.		4,297,932		56,646,744	0.6%
Union Pacific Corp.		2,835,808		214,557,233	2.4%
Other Securities				217,358,516	2.4%
Total Industrials				1,285,268,257	14.2%
Information Technology — (3.5%)
Other Securities				343,055,631	3.8%
Materials — (4.2%)
Alcoa, Inc.		5,082,514		68,308,988	0.7%
Dow Chemical Co. (The)		3,982,926		122,793,609	1.4%
International Paper Co.		2,281,591		61,009,743	0.7%
#Weyerhaeuser Co.		1,105,551		54,746,886	0.6%
Other Securities				112,004,968	1.2%
Total Materials				418,864,194	4.6%
Telecommunication Services — (4.6%)
AT&T, Inc.		11,233,286		292,739,433	3.2%
#*Sprint Nextel Corp.		11,713,380		49,781,865	0.6%
Verizon Communications, Inc.		1,782,841		51,506,276	0.6%
Other Securities				56,619,005	0.6%
Total Telecommunication Services				450,646,579	5.0%
Utilities — (0.9%)
Other Securities				87,113,402	1.0%
TOTAL COMMON STOCKS				9,040,757,605	99.7%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $20,140,000 FNMA 6.00%, 10/01/38, valued at $13,730,091) to be repurchased at $13,526,214	$	13,526		13,526,000	0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.2%)
§@DFA Short Term Investment Fund		768,077,029		768,077,029	8.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $65,858,702 FNMA 2.688%(r), 03/01/35 & 6.122%(r), 08/01/37, valued at $26,313,027) to berepurchased at $25,547,006		$25,547		25,546,628	0.3%

20

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $29,140,000 FNMA 5.000%, 05/01/34 & 6.000%, 08/01/36, valued at $17,138,431) to be repurchased at $16,638,109	$	16,638	$	16,637,832	0.2%
TOTAL SECURITIES LENDING COLLATERAL				810,261,489	8.9%
TOTAL INVESTMENTS — (100.0%) (Cost $7,449,431,817)			$	9,864,545,094	108.8%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Consumer Discretionary	$	1,643,884,293		—	—	$	1,643,884,293
Consumer Staples		621,535,440		—	—		621,535,440
Energy		1,301,146,305		—	—		1,301,146,305
Financials		2,338,790,559		—	—		2,338,790,559
Health Care		550,452,945		—	—		550,452,945
Industrials		1,285,268,257		—	—		1,285,268,257
Information Technology		343,055,631		—	—		343,055,631
Materials		418,864,194		—	—		418,864,194
Telecommunication Services		450,646,579		—	—		450,646,579
Utilities		87,113,402		—	—		87,113,402
Temporary Cash Investments		—	$	13,526,000	—		13,526,000
Securities Lending Collateral		—		810,261,489	—		810,261,489
TOTAL	$	9,040,757,605	$	823,787,489	—	$	9,864,545,094

See accompanying Notes to Financial Statements.

21

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (84.1%)
AUSTRALIA — (5.2%)
Australia & New Zealand Banking Group, Ltd.	3,176,183	$	70,350,159	1.1%
National Australia Bank, Ltd.	2,342,165		59,839,711	0.9%
Wesfarmers, Ltd.	2,331,991		62,514,415	0.9%
Other Securities			213,248,699	3.2%
TOTAL AUSTRALIA			405,952,984	6.1%
AUSTRIA — (0.5%)
Other Securities			36,264,871	0.5%
BELGIUM — (0.6%)
Other Securities			46,552,727	0.7%
CANADA — (8.9%)
#Bank of Montreal	680,265		42,250,363	0.6%
#EnCana Corp.	1,307,643		43,253,401	0.6%
#Manulife Financial Corp.	2,074,478		37,413,307	0.6%
#Sun Life Financial, Inc.	1,262,400		37,121,370	0.6%
Suncor Energy, Inc.	1,057,029		36,160,423	0.5%
*Teck Resources, Ltd. Class B	1,418,230		55,735,127	0.8%
#Thomson Reuters Corp.	1,832,184		66,014,899	1.0%
#Toronto Dominion Bank	944,998		70,237,595	1.1%
TransCanada Corp.	1,065,371		37,588,991	0.6%
Other Securities			271,691,752	4.1%
TOTAL CANADA			697,467,228	10.5%
DENMARK — (1.2%)
Other Securities			94,897,499	1.4%
FINLAND — (0.8%)
Other Securities			59,187,255	0.9%
FRANCE — (7.0%)
#AXA SA	2,818,397		56,008,406	0.8%
BNP Paribas SA	913,891		62,771,738	1.0%
#Compagnie de Saint-Gobain SA	846,142		41,770,221	0.6%
Societe Generale Paris SA	996,332		53,203,436	0.8%
#Vivendi SA	2,686,677		70,478,172	1.1%
Other Securities			260,156,374	3.9%
TOTAL FRANCE			544,388,347	8.2%
GERMANY — (6.8%)
#Allianz SE	459,625		52,559,795	0.8%
Bayerische Motoren Werke AG	915,762		45,290,896	0.7%
Daimler AG	1,684,003		86,179,238	1.3%
Deutsche Bank AG	774,190		54,036,753	0.8%
#Munchener Rueckversicherungs-Gesellschaft AG	398,730		56,194,541	0.9%
Other Securities			240,941,814	3.6%
TOTAL GERMANY			535,203,037	8.1%
GREECE — (0.2%)
Other Securities			13,035,171	0.2%
HONG KONG — (1.9%)
Hutchison Whampoa, Ltd	5,568,000		38,213,768	0.6%
Other Securities			107,269,586	1.6%
TOTAL HONG KONG			145,483,354	2.2%

22

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
IRELAND — (0.1%)
Other Securities		$	6,494,504	0.1	%
ITALY — (2.2%)
#*Intesa Sanpaolo SpA	11,201,860		36,920,433	0.6	%
*UniCredit SpA	22,325,370		58,508,215	0.9	%
Other Securities			80,178,881	1.2	%
TOTAL ITALY			175,607,529	2.7	%
JAPAN — (14.9%)
FUJIFILM Holdings Corp.	1,327,000		45,478,278	0.7	%
*Nissan Motor Co., Ltd.	4,257,200		37,042,570	0.5	%
Sony Corp. Sponsored ADR	1,725,386		59,042,709	0.9	%
Other Securities			1,025,385,618	15.5	%
TOTAL JAPAN			1,166,949,175	17.6	%
MALAYSIA — (0.0%)
Other Securities			—	0.0	%
NETHERLANDS — (3.7%)
#ArcelorMittal NV	2,446,831		95,219,011	1.4	%
Koninklijke Philips Electronics NV	2,870,499		96,388,982	1.5	%
Other Securities			101,854,969	1.5	%
TOTAL NETHERLANDS			293,462,962	4.4	%
NEW ZEALAND — (0.1%)
Other Securities			8,507,124	0.1	%
NORWAY — (1.0%)
Other Securities			75,226,049	1.1	%
PORTUGAL — (0.1%)
Other Securities			8,836,227	0.1	%
SINGAPORE — (1.4%)
Other Securities			112,298,827	1.7	%
SPAIN — (3.0%)
#Banco Santander SA	3,335,415		42,411,010	0.6	%
#Banco Santander SA Sponsored ADR	3,712,454		45,811,682	0.7	%
Other Securities			149,589,052	2.3	%
TOTAL SPAIN			237,811,744	3.6	%
SWEDEN — (2.7%)
Nordea Bank AB	6,583,962		64,234,663	1.0	%
Other Securities			145,570,214	2.2	%
TOTAL SWEDEN			209,804,877	3.2	%
SWITZERLAND — (6.1%)
Compagnie Financiere Richemont SA Series A	1,205,682		44,470,307	0.7	%
#Credit Suisse Group AG	1,671,311		76,709,453	1.2	%
#Credit Suisse Group AG Sponsored ADR	840,377		38,405,229	0.6	%
#*Holcim, Ltd. AG	739,477		55,104,807	0.8	%
*Swiss Reinsurance Co., Ltd. AG	931,611		40,402,531	0.6	%
*UBS AG	3,481,616		53,937,826	0.8	%
Zurich Financial Services AG	322,634		71,526,291	1.1	%
Other Securities			100,304,943	1.5	%
TOTAL SWITZERLAND			480,861,387	7.3	%
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	1,196,479		50,821,561	0.8	%

23

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
Aviva P.L.C.	7,396,866	$	39,102,707	0.6%
#Barclays P.L.C. Sponsored ADR	2,451,654		50,062,775	0.7%
#HSBC Holdings P.L.C. Sponsored ADR	2,052,635		104,458,595	1.6%
Kingfisher P.L.C.	10,285,817		39,200,367	0.6%
#Royal Dutch Shell P.L.C. ADR	2,647,536		160,652,484	2.4%
SABmiller P.L.C.	1,174,082		36,807,691	0.6%
Vodafone Group P.L.C.	34,976,333		77,460,069	1.2%
#Vodafone Group P.L.C. Sponsored ADR	8,066,329		179,072,504	2.7%
*Xstrata P.L.C.	3,843,909		63,258,372	0.9%
Other Securities			424,213,351	6.4%
TOTAL UNITED KINGDOM			1,225,110,476	18.5%
TOTAL COMMON STOCKS			6,579,403,354	99.2%
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
Other Securities			—	0.0%
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,950,000 FHLMC 5.00%, 10/15/19, valued at $14,943,938) to be repurchased at $14,719,233	$14,719		14,719,000	0.3%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (15.7%)
§@DFA Short Term Investment Fund	1,208,413,835		1,208,413,835	18.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valuedat $2,782,890) to be repurchased at $2,747,345	$2,747		2,747,304	0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valuedat $17,016,808) to be repurchased at $16,683,409	16,683		16,683,145	0.3%
TOTAL SECURITIES LENDING COLLATERAL			1,227,844,284	18.5%
TOTAL INVESTMENTS — (100.0%) (Cost $6,340,635,125)		$	7,821,966,638	118.0%

24

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Australia	$	5,165,140	$	400,787,844	—	$	405,952,984
Austria		—		36,264,871	—		36,264,871
Belgium		4,378,533		42,174,194	—		46,552,727
Canada		697,467,228		—	—		697,467,228
Denmark		—		94,897,499	—		94,897,499
Finland		1,745,643		57,441,612	—		59,187,255
France		3,258,880		541,129,467	—		544,388,347
Germany		134,813,858		400,389,179	—		535,203,037
Greece		2,018,690		11,016,481	—		13,035,171
Hong Kong		—		145,483,354	—		145,483,354
Ireland		6,494,504		—	—		6,494,504
Italy		25,961,825		149,645,704	—		175,607,529
Japan		118,884,502		1,048,064,673	—		1,166,949,175
Malaysia		—		—	—		—
Netherlands		13,446,349		280,016,613	—		293,462,962
New Zealand		—		8,507,124	—		8,507,124
Norway		459,433		74,766,616	—		75,226,049
Portugal		—		8,836,227	—		8,836,227
Singapore		—		112,298,827	—		112,298,827
Spain		121,807,336		116,004,408	—		237,811,744
Sweden		8,128,568		201,676,309	—		209,804,877
Switzerland		52,459,762		428,401,625	—		480,861,387
United Kingdom		553,873,753		671,236,723	—		1,225,110,476
Rights/Warrants
Hong Kong		—		—	—		—
Temporary Cash Investments		—		14,719,000	—		14,719,000
Securities Lending Collateral		—		1,227,844,284	—		1,227,844,284
TOTAL	$	1,750,364,004	$	6,071,602,634	—	$	7,821,966,638

See accompanying Notes to Financial Statements.

25

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap Value Series		The DFA International Value Series
ASSETS:
Investments at Value (including $764,728 and $1,122,925 of securities on loan, respectively)	$	9,040,758	$	6,579,404
Temporary Cash Investments at Value & Cost		13,526		14,719
Collateral Received from Securities on Loan at Value & Cost		810,261		1,227,844
Foreign Currencies at Value		—		13,795
Cash		1,528		16
Receivables:
Investment Securities Sold		29,264		24,493
Dividends, Interest and Tax Reclaims		6,408		29,850
Securities Lending Income		124		1,294
Fund Shares Sold		466		8,650
Unrealized Gain on Foreign Currency Contracts		—		2
Prepaid Expenses and Other Assets		18		17
Total Assets		9,902,353		7,900,084
LIABILITIES:
Payables:
Upon Return of Securities Loaned		810,261		1,227,844
Investment Securities Purchased		24,241		37,337
Fund Shares Redeemed		546		2,343
Due to Advisor		760		1,141
Accrued Expenses and Other Liabilities		430		327
Total Liabilities		836,238		1,268,992
NET ASSETS	$	9,066,115	$	6,631,092
Investments at Cost	$	6,625,645	$	5,098,072
Foreign Currencies at Cost	$	—	$	13,784

See accompanying Notes to Financial Statements.

26

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(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 $7,240, respectively)	$	69,221	$	73,366
Interest		23		20
Income from Securities Lending		2,477		3,155
Total Investment Income		71,721		76,541
Expenses
Investment Advisory Services Fees		4,170		6,492
Accounting & Transfer Agent Fees		413		327
Custodian Fees		37		373
Shareholders’ Reports		31		24
Directors’/Trustees’ Fees & Expenses		47		37
Professional Fees		113		86
Other		44		51
Total Expenses		4,855		7,390
Net Investment Income (Loss)		66,866		69,151
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		396,358		124,884
Foreign Currency Transactions		—		(1,586	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,253,743		85,507
Translation of Foreign Currency Denominated Amounts		—		(272	)
Net Realized and Unrealized Gain (Loss)		1,650,101		208,533
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,716,967	$	277,684

See accompanying Notes to Financial Statements.

27

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 April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	66,866		$	155,080		$	69,151		$	161,170
Net Realized Gain (Loss) on:
Investment Securities Sold		396,358			(122,113	)		124,884			63,984
Futures		—			7,204			—			(1,125	)
Foreign Currency Transactions		—			—			(1,586	)		3,828
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,253,743			1,161,370			85,507			1,395,836
Futures		—			(29	)		—			—
Translation of Foreign Currency Denominated Amounts		—			—			(272	)		240
Net Increase (Decrease) in Net Assets Resulting from Operations		1,716,967			1,201,512			277,684			1,623,933
Transactions in Interest:
Contributions		200,582			734,173			351,725			449,410
Withdrawals		(359,834	)		(1,166,648	)		(190,281	)		(581,716	)
Net Increase (Decrease) from Transactions in Interest		(159,252	)		(432,475	)		161,444			(132,306	)
Total Increase (Decrease) in Net Assets		1,557,715			769,037			439,128			1,491,627
Net Assets
Beginning of Period		7,508,400			6,739,363			6,191,964			4,700,337
End of Period	$	9,066,115		$	7,508,400		$	6,631,092		$	6,191,964

See accompanying Notes to Financial Statements.

28

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The U.S. Large Cap Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		23.01	%(C)		11.90	%		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%
Net Assets, End of Period (thousands)	$	9,066,115		$	7,508,400		$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913
Ratio of Expenses to Average Net Assets.		0.12	%(B)		0.13	%		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.62	%(B)		2.42	%		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%
Portfolio Turnover Rate		15	%(C)		29	%		19	%(C)		9	%		13	%		9	%		7	%

	The DFA International Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		4.47	%(C)		35.41	%		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%
Net Assets, End of Period (thousands)	$	6,631,092		$	6,191,964		$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043
Ratio of Expenses to Average Net Assets.		0.23	%(B)		0.24	%		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		2.15	%(B)		3.22	%		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%
Portfolio Turnover Rate		7	%(C)		18	%		16	%(C)		16	%		8	%		10	%		15	%

See page 1 for the Definitions of Abbreviations and Footnotes.

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

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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 thirteen investment portfolios, of which two (the “Series”) are presented in this report.

Effective December 31, 2008, The U.S. Large Cap Value Series and on November 1, 2008, The DFA International Value Series, each a master fund in a RIC/RIC master-feeder structure, elected with the consent of their respective Holder(s) to change their U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. Each Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

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 New York Stock Exchange (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.

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 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 value

30

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. 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.

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Series’ own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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.

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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses.

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Each Trustee has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Trustee shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board of the Fund (unless the Trustee files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Trustees have requested or received a distribution of proceeds of a deferred fee account.

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 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 April 30, 2010, 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 April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (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:

At April 30, 2010, 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):

The U.S. Large Cap Value Series	$	207
The DFA International Value Series		165

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E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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	$	1,202,203	$	1,311,220
The DFA International Value Series		671,110		459,246

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

F. Federal Income Taxes:

No provision for federal income taxes is required since the Series’ are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

At April 30, 2010, 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)
The U.S. Large Cap Value Series	$	7,449,432	$	2,458,439	$	(43,326	)	$	2,415,113
The DFA International Value Series		6,340,818		1,567,466		(86,317	)		1,481,149

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed each Series’ tax positions and has concluded that no provision for income tax is required in any Series’ financial statements. No Series is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a

33

newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-in Capital	Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(3,038,312,278)	$	2,303,664,484	$	(698,899	)	$	735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

G. 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 certain U.S. Government securities 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 April 30, 2010.

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.

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Series.

3.    Futures Contracts: The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. 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, which is presented

34

in the Statements of Operations as a net realized gain or loss on futures, 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.

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. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statements of Operations and the realized and change in unrealized gain or loss over the reporting period.

At April 30, 2010, the Series’ had no outstanding futures contracts.

H. Line of Credit:

The Series, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

For the six months ended April 30, 2010, 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	2.00	%	$	7,639	4	$	2	$	17,897

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

The Series, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011.

For the six months ended April 30, 2010, 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	0.92	%	$	1,537	1	—	$	1,537

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

35

I. Securities Lending:

As of April 30, 2010, some of the Series had securities on loan to brokers/dealers, for which each Series received 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 expected 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, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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 their stated investment policies, each Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, 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 trustees are indemnified against certain liabilities 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.

K. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Series and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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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: (512) 306-7400. 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.

37

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 18, 2009 (the “Meeting”), the Board of Trustees of The DFA Investment Trust Company (the “Board”) considered the continuation of the investment management agreements for each series (collectively, the “Funds”) and the sub-advisory agreements for The DFA International Value Series. For the DFA International Value Series, Dimensional Fund Advisors Ltd. and DFAAustralia Limited each serve as a sub-advisor. (The investment management agreements and the sub-advisory agreements are referred to as the “AdvisoryAgreements,” 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; and (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.

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 shareholders 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. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the 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 reasonable as compared with relevant performance standards.

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 those of its peer funds, and that the advisory fees were fair, both on an absolute basis

38

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 four 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.

39

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DFA043010-009S

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio III

U.S. Large Cap Value Portfolio III

Tax-Managed U.S. Marketwide Value Portfolio II

Semi-Annual Report

Six Months Ended April 30, 2010

(Unaudited)

Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes	1
Dimensional Investment Group Inc.
Disclosure of Fund Expenses	2
Disclosure of Portfolio Holdings	4
Schedules of Investments
DFA International Value Portfolio III	5
U.S. Large Cap Value Portfolio III	5
Tax-Managed U.S. Marketwide Value Portfolio II	6
Statements of Assets and Liabilities	7
Statements of Operations	8
Statements of Changes in Net Assets	9
Financial Highlights	10
Notes to Financial Statements	12
The DFA Investment Trust Company
Disclosure of Fund Expenses	18
Disclosure of Portfolio Holdings	20
Summary Schedules of Portfolio Holdings
The DFA International Value Series	21
The U.S. Large Cap Value Series	25
The Tax-Managed U.S. Marketwide Value Series	28
Statements of Assets and Liabilities	31
Statements of Operations	32
Statements of Changes in Net Assets	33
Financial Highlights	34
Notes to Financial Statements	35
Voting Proxies on Fund Portfolio Securities	42
Board Approval of Investment Advisory Agreements	43

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

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DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedule of Portfolio Holdings

Investment Abbreviations

    ADR American Depositary Receipt

    FHLMC Federal Home Loan Mortgage Corporation

    FNMA Federal National Mortgage Association

    P.L.C. Public Limited Company

Investment Footnotes

    † See Note B to Financial Statements.

    †† Securities have generally been fair valued. 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.

    (r) The adjustable rate shown is effective as of April 30, 2010.

    § Affiliated Fund.

Financial Highlights

    (A) Computed using average shares outstanding.

    (B) Annualized

    (C) Non-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.

    RIC Registered Investment Company

    SEC Securities and Exchange Commission

1

DIMENSIONAL INVESTMENT 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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
DFA International Value Portfolio III
Actual Fund Return	$	1,000.00	$	1,044.30	0.26%	$1.32
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.51	0.26%	$1.30
U.S. Large Cap Value Portfolio III
Actual Fund Return	$	1,000.00	$	1,230.00	0.14%	$0.77
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.10	0.14%	$0.70

2

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
Tax-Managed U.S. Marketwide Value Portfolio II
Actual Fund Return	$	1,000.00	$	1,236.30	0.24%	$1.33
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.60	0.24%	$1.20

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

3

DIMENSIONAL INVESTMENT 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 Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 Funds’ holdings which reflect the investments by category.

	Affiliated Investment Companies
DFA International Value Portfolio III	100.0%
U.S. Large Cap Value Portfolio III	100.0%
Tax-Managed U.S. Marketwide Value Portfolio II	100.0%

4

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

DFA INTERNATIONAL VALUE PORTFOLIO III

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	1,083,113,537
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $832,815,320)	$	1,083,113,537

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	1,083,113,537	—	—	$	1,083,113,537

U.S. LARGE CAP VALUE PORTFOLIO III

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	1,773,213,913
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $1,302,081,833)	$	1,773,213,913

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	1,773,213,913	—	—	$	1,773,213,913

See accompanying Notes to Financial Statements.

5

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Tax-Managed U.S. Marketwide Value Series of The DFA Investment Trust Company	$	806,712,567
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $681,598,447)	$	806,712,567

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2	Level 3	Total
Affiliated Investment Company	$	806,712,567	—	—	$	806,712,567

See accompanying Notes to Financial Statements.

6

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

	DFA International Value Portfolio III			U.S. Large Cap Value Portfolio III			Tax-Managed U.S. Marketwide Value Portfolio II
ASSETS:
Investments in Affiliated Investment Companies at Value	$	1,083,113		$	1,773,214		$	806,713
Receivables:
Affiliated Investment Companies Sold		—			530			—
Fund Shares Sold		633			454			317
Prepaid Expenses and Other Assets		17			17			15
Total Assets		1,083,763			1,774,215			807,045
LIABILITIES:
Payables:
Affiliated Investment Companies Purchased		380			—			106
Fund Shares Redeemed		253			984			211
Due to Advisor		9			15			—
Accrued Expenses and Other Liabilities		100			121			45
Total Liabilities		742			1,120			362
NET ASSETS	$	1,083,021		$	1,773,095		$	806,683
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		67,770,408			120,137,995			58,824,962
								��
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	15.98		$	14.76		$	13.71
Investment in Affiliated Investment Companies at Cost	$	832,815		$	1,302,082		$	681,599
NET ASSETS CONSIST OF:
Paid-In Capital	$	894,340		$	1,648,786		$	748,231
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		7,220			3,352			1,220
Accumulated Net Realized Gain (Loss)		(68,832	)		(350,175	)		(67,882	)
Net Unrealized Foreign Exchange Gain (Loss)		(5	)		—			—
Net Unrealized Appreciation (Depreciation)		250,298			471,132			125,114
NET ASSETS	$	1,083,021		$	1,773,095		$	806,683
(1) NUMBER OF SHARES AUTHORIZED		500,000,000			700,000,000			500,000,000

See accompanying Notes to Financial Statements.

7

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	DFA International Value Portfolio III			U.S. Large Cap Value Portfolio III			Tax-Managed U.S. Marketwide Value Portfolio II
Investment Income
Dividends (Net of Foreign Taxes Withheld of $1,179, $0 and $0, respectively)	$	11,935		$	13,478		$	5,370
Interest		3			4			1
Income from Securities Lending		513			482			236
Expenses Allocated from Affiliated Investment Companies		(1,201	)		(946	)		(799	)
Total Investment Income		11,250			13,018			4,808
Expenses
Administrative Services Fees		53			81			—
Accounting & Transfer Agent Fees		14			18			11
Filing Fees		26			37			37
Shareholders’ Reports		39			40			17
Directors’/Trustees’ Fees & Expenses		6			9			4
Audit Fees		2			2			1
Legal Fees		14			20			8
Other		4			8			3
Total Expenses		158			215			81
Net Investment Income (Loss)		11,092			12,803			4,727
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		21,149			77,343			21,740
Foreign Currency Transactions		(257	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		13,376			243,867			129,128
Translation of Foreign Currency Denominated Amounts		(44	)		—			—
Net Realized and Unrealized Gain (Loss)		34,224			321,210			150,868
Net Increase (Decrease) in Net Assets Resulting from Operations	$	45,316		$	334,013		$	155,595

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

See accompanying Notes to Financial Statements.

8

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA International Value Portfolio III						U.S. Large Cap Value Portfolio III						Tax-Managed U.S. Marketwide Value Portfolio II
	Six Months Ended April 30, 2010			Year Ended Oct.  31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	11,092		$	26,354		$	12,803		$	29,349		$	4,727		$	11,668
Net Realized Gain (Loss) on;
Investment Securities Sold		21,149			11,250			77,343			(396,703	)		21,740			(54,176	)
Futures		—			(135	)		—			—			—			436
Foreign Currency Transactions		(257	)		643			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign
Currency		13,376			236,922			243,867			523,538			129,128			124,690
Futures		—			—			—			—			—			(4	)
Translation of Foreign Currency Denominated Amounts		(44	)		39			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		45,316			275,073			334,013			156,184			155,595			82,614
Distributions From:
Net Investment Income		(7,217	)		(25,965	)		(13,154	)		(31,595	)		(5,117	)		(13,703	)
Net Short-Term Gains		—			—			—			(337	)		—			—
Total Distributions		(7,217	)		(25,965	)		(13,154	)		(31,932	)		(5,117	)		(13,703	)
Capital Share Transactions (1):
Shares Issued		107,307			260,811			129,278			443,167			53,852			351,837
Shares Issued in Lieu of Cash Distributions		6,621			24,232			12,179			30,294			5,107			13,698
Shares Redeemed		(77,178	)		(252,040	)		(146,922	)		(367,343	)		(74,157	)		(376,733	)
Net Increase (Decrease) from Capital Share Transactions		36,750			33,003			(5,465	)		106,118			(15,198	)		(11,198	)
Total Increase (Decrease) in Net Assets		74,849			282,111			315,394			230,370			135,280			57,713
Net Assets
Beginning of Period		1,008,172			726,061			1,457,701			1,227,331			671,403			613,690
End of Period	$	1,083,021		$	1,008,172		$	1,773,095		$	1,457,701		$	806,683		$	671,403
(1) Shares Issued and Redeemed:
Shares Issued		6,754			22,717			9,651			44,182			4,352			40,341
Shares Issued in Lieu of Cash Distributions		421			1,912			931			3,379			425			1,482
Shares Redeemed		(4,849	)		(21,054	)		(10,890	)		(37,163	)		(6,046	)		(41,909	)
Net Increase (Decrease) from Shares Issued and Redeemed		2,326			3,575			(308	)		10,398			(1,269	)		(86	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	7,220		$	3,345		$	3,352		$	3,703		$	1,220		$	1,610

See accompanying Notes to Financial Statements.

9

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Value Portfolio III
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	15.41		$	11.74		$	24.03		$	21.46		$	16.89		$	15.03		$	11.83
Income from Investment Operations
Net Investment Income (Loss)		0.17(A	)		0.40(A	)		0.72(A	)		0.71(A	)		0.64(A	)		0.49			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		0.51			3.66			(11.64	)		2.92			5.10			1.80			3.43
Total from Investment Operations		0.68			4.06			(10.92	)		3.63			5.74			2.29			3.70
Less Distributions
Net Investment Income		(0.11	)		(0.39	)		(0.80	)		(0.63	)		(0.65	)		(0.42	)		(0.49	)
Net Realized Gains		—			—			(0.57	)		(0.43	)		(0.52	)		(0.01	)		(0.01	)
Total Distributions		(0.11	)		(0.39	)		(1.37	)		(1.06	)		(1.17	)		(0.43	)		(0.50	)
Net Asset Value, End of Period	$	15.98		$	15.41		$	11.74		$	24.03		$	21.46		$	16.89		$	15.03
Total Return		4.43	%(C)		35.37	%		(47.87	)%(C)		17.32	%		35.67	%		15.59	%		32.11	%
Net Assets, End of Period (thousands)	$	1,083,021		$	1,008,172		$	726,061		$	1,190,286		$	999,893		$	696,954		$	532,647
Ratio of Expenses to Average Net Assets (D)		0.26	%(B)		0.28	%		0.26	%(B)		0.25	%		0.26	%		0.30	%		0.33	%
Ratio of Net Investment Income to Average
Net Assets		2.12	%(B)		3.19	%		4.03	%(B)		3.02	%		3.37	%		3.08	%		2.07	%
	U.S. Large Cap Value Portfolio III
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	12.10		$	11.15		$	18.75		$	19.55		$	16.89		$	14.91		$	12.50
Income from Investment Operations
Net Investment Income (Loss)		0.11(A	)		0.25(A	)		0.29(A	)		0.28(A	)		0.31(A	)		0.25			0.14
Net Gains (Losses) on Securities (Realized and Unrealized)		2.66			0.97			(6.76	)		(0.33	)		2.69			1.91			2.54
Total from Investment Operations		2.77			1.22			(6.47	)		(0.05	)		3.00			2.16			2.68
Less Distributions
Net Investment Income		(0.11	)		(0.27	)		(0.29	)		(0.27	)		(0.29	)		(0.18	)		(0.27	)
Net Realized Gains		—			—			(0.84	)		(0.48	)		(0.05	)		—			—
Total Distributions		(0.11	)		(0.27	)		(1.13	)		(0.75	)		(0.34	)		(0.18	)		(0.27	)
Net Asset Value, End of Period	$	14.76		$	12.10		$	11.15		$	18.75		$	19.55		$	16.89		$	14.91
Total Return		23.00	%(C)		11.88	%		(36.55	)%(C)		(0.35	)%		18.10	%		14.62	%		21.72	%
Net Assets, End of Period (thousands)	$	1,773,095		$	1,457,701		$	1,227,331		$	1,731,226		$	1,548,504		$	1,122,582		$	821,194
Ratio of Expenses to Average Net Assets (D)		0.14	%(B)		0.16	%		0.14	%(B)		0.14	%		0.14	%		0.17	%		0.19	%
Ratio of Net Investment Income to Average
Net Assets		1.59	%(B)		2.37	%		1.98	%(B)		1.41	%		1.75	%		1.60	%		1.02	%

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)

	Tax-Managed U.S. Marketwide Value Portfolio II
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	11.17		$	10.20		$	17.41		$	17.57		$	15.17		$	13.20		$	11.08
Income from Investment Operations
Net Investment Income (Loss)		0.08	(A)		0.21	(A)		0.28	(A)		0.29	(A)		0.26	(A)		0.20			0.13
Net Gains (Losses) on Securities (Realized and Unrealized)		2.55			1.02			(6.42	)		(0.16	)		2.39			1.94			2.12
Total from Investment Operations		2.63			1.23			(6.14	)		0.13			2.65			2.14			2.25
Less Distributions
Net Investment Income		(0.09	)		(0.26	)		(0.31	)		(0.29	)		(0.25	)		(0.17	)		(0.13	)
Net Realized Gains		—			—			(0.76	)		—			—			—			—
Total Distributions		(0.09	)		(0.26	)		(1.07	)		(0.29	)		(0.25	)		(0.17	)		(0.13	)
Net Asset Value, End of Period	$	13.71		$	11.17		$	10.20		$	17.41		$	17.57		$	15.17		$	13.20
Total Return		23.63	%(C)		12.64	%		(37.46	)%(C)		0.67	%		17.67	%		16.36	%		20.41	%
Net Assets, End of Period (thousands)	$	806,683		$	671,403		$	613,690		$	1,110,266		$	1,015,376		$	721,743		$	505,147
Ratio of Expenses to Average Net Assets (D)		0.24	%(B)		0.26	%		0.23	%(B)		0.23	%		0.24	%		0.26	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		1.30	%(B)		2.16	%		2.07	%(B)		1.59	%		1.61	%		1.49	%		1.11	%

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 offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which DFA International Value Portfolio III, U.S. Large Cap Value Portfolio III and Tax-Managed U.S. Marketwide Value Portfolio II (the “Portfolios”) are presented in this report.

DFA International Value Portfolio III, U.S. Large Cap Value Portfolio III and Tax-Managed U.S. Marketwide Value Portfolio II primarily invests their assets in The DFA International Value Series, The U.S. Large Cap Value Series and The Tax-Managed U.S. Marketwide Value Series (the “Series”) respectively, a corresponding series of The DFA Investment Trust Company. At April 30, 2010, DFA International Value Portfolio III, U.S. Large Cap Value Portfolio III and Tax-Managed U.S. Marketwide Value Portfolio II owned 16%, 20% and 29% of the Series, respectively. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolios.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701 -3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701 - -3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the fund is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

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 Portfolios’ investment reflects its proportionate interest in the net assets of the Series.

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels described below:

12

•     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)

A summary of the inputs used to value the Portfolios’ investments is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 & Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

3.     Other:     The Portfolios recognize their 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 Portfolios estimate the character of distributions received that may be considered return of capital distributions. 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 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 the Series. For the six months ended April 30, 2010, the Portfolios’ administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets, except for the Tax-Managed U.S. Marketwide Value Portfolio II, which pays no fee.

13

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (in thousands). The total related amounts paid by the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

At April 30, 2010, 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):

DFA International Value Portfolio III	$27
U.S. Large Cap Value Portfolio III	40
Tax-Managed U.S. Marketwide Value Portfolio II	18

E. 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 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 October 31, 2009 were classified to the following accounts. The 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)
DFA International Value Portfolio III	$639	$(639)
U.S. Large Cap Value Portfolio III	(143)	143

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Total
DFA International Value Portfolio III
2007	$32,872	$17,585	$	50,457
2008	45,275	24,825		70,100
2009	25,965	—		25,965
U.S. Large Cap Value Portfolio III
2007	26,436	38,031		64,467
2008	29,705	77,601		107,306
2009	31,932	—		31,932

14

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Total
Tax-Managed U.S. Marketwide Value Portfolio II
2007	$18,012	$  1,514	$19,526
2008	19,112	43,757	62,869
2009	13,703	—	13,703

At October 31, 2009, 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)
DFA International Value Portfolio III	$3,368	—	$	(89,694	)	$	(86,326	)
U.S. Large Cap Value Portfolio III	3,739	—		(427,518	)		(423,779	)
Tax-Managed U.S. Marketwide Value Portfolio II	1,584	—		(89,694	)		(88,110	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on October 31,
	2016		2017		Total
DFA International Value Portfolio III	$	89,694		—	$	89,694
U.S. Large Cap Value Portfolio III		—	$	427,518		427,518
Tax-Managed U.S. Marketwide Value Portfolio II		35,999		53,695		89,694

During the year ended October 31, 2009, DFA International Value III Portfolio utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes in the amount of $11,149 (in thousands).

At April 30, 2010, 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)
DFA International Value Portfolio III	$   832,845	$259,160	$  (8,892	)	$250,268
U.S. Large Cap Value Portfolio III	1,302,082	477,377	(6,245	)	471,132
Tax-Managed U.S. Marketwide Value Portfolio II	681,820	172,458	(47,565	)	124,893

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be in a tax return. Management has analyzed the Portfolios’ tax position and has concluded that no provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax position for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income

15

tax purposes pursuant to Treasury Regulation §301.7701 -3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-In Capital	Unrealized Appreciation (Depreciation) Investment Securities	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(3,038,312,278)	$2,303,664,484	$(698,899)	$735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

Each Portfolio impacted by the “Check the Box” election also has a permanent book/tax difference resulting from the transaction. Listed below is the permanent difference impacting each respective Portfolio. For financial statement purposes, this adjustment did not result in any changes to each respective fund’s net assets or net asset value per share.

	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
U.S. Large Cap Value Portfolio	$(606,345)	$606,345
U.S. Large Cap Value Portfolio II	(10,872)	10,872
U.S. Large Cap Value Portfolio III	(139,353)	139,353
LWAS/DFA U.S. High Book To Market Portfolio	(7,793)	7,793

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701 -3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

16

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

G. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of the 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.

H. Other:

At April 30, 2010, 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
DFA International Value Portfolio III	2	77%
U.S. Large Cap Value Portfolio III	1	69%
Tax-Managed U.S. Marketwide Value Portfolio II	2	93%

I. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolios and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

17

THE DFA INVESTMENT TRUST COMPANY

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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	1,044.70	0.23%	$1.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.65	0.23%	$1.15
The U.S. Large Cap Value Series
Actual Fund Return	$	1,000.00	$	1,230.10	0.12%	$0.66
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20	0.12%	$0.60

18

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
The Tax-Managed U.S. Marketwide Value Series
Actual Fund Return	$	1,000.00	$	1,236.40	0.22%	$1.22
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.70	0.22%	$1.10

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

19

THE DFA INVESTMENT TRUST COMPANY

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

The DFA International Value Series		The U.S. Large Cap Value Series		The Tax-Managed U.S. Marketwide Value
Consumer Discretionary	13.9%	Consumer Discretionary	18.2%	Series
Consumer Staples	5.9%	Consumer Staples	6.9%	Consumer Discretionary	19.6%
Energy	7.7%	Energy	14.4%	Consumer Staples	6.7%
Financials	36.6%	Financials	25.9%	Energy	14.4%
Health Care	0.9%	Health Care	6.1%	Financials	26.3%
Industrials	10.7%	Industrials	14.2%	Health Care	5.4%
Information Technology	3.6%	Information Technology	3.8%	Industrials	12.7%
Materials	12.4%	Materials	4.6%	Information Technology	5.3%
Other	—	Telecommunication Services	5.0%	Materials	3.8%
Telecommunication Services	6.6%	Utilities	0.9%	Other	—
Utilities	1.7%		100.0%	Telecommunication Services	4.6%
	100.0%			Utilities	1.2%
					100.0%

20

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (84.1%)
AUSTRALIA — (5.2%)
Australia & New Zealand Banking Group, Ltd.	3,176,183	$	70,350,159	1.1%
National Australia Bank, Ltd.	2,342,165		59,839,711	0.9%
Wesfarmers, Ltd.	2,331,991		62,514,415	0.9%
Other Securities			213,248,699	3.2%
TOTAL AUSTRALIA			405,952,984	6.1%
AUSTRIA — (0.5%)
Other Securities			36,264,871	0.5%
BELGIUM — (0.6%)
Other Securities			46,552,727	0.7%
CANADA — (8.9%)
#Bank of Montreal	680,265		42,250,363	0.6%
#EnCana Corp.	1,307,643		43,253,401	0.6%
#Manulife Financial Corp.	2,074,478		37,413,307	0.6%
#Sun Life Financial, Inc.	1,262,400		37,121,370	0.6%
Suncor Energy, Inc.	1,057,029		36,160,423	0.5%
*Teck Resources, Ltd. Class B	1,418,230		55,735,127	0.8%
#Thomson Reuters Corp.	1,832,184		66,014,899	1.0%
#Toronto Dominion Bank	944,998		70,237,595	1.1%
TransCanada Corp.	1,065,371		37,588,991	0.6%
Other Securities			271,691,752	4.1%
TOTAL CANADA			697,467,228	10.5%
DENMARK — (1.2%)
Other Securities			94,897,499	1.4%
FINLAND — (0.8%)
Other Securities			59,187,255	0.9%
FRANCE — (7.0%)
#AXA SA	2,818,397		56,008,406	0.8%
BNP Paribas SA	913,891		62,771,738	1.0%
#Compagnie de Saint-Gobain SA	846,142		41,770,221	0.6%
Societe Generale Paris SA	996,332		53,203,436	0.8%
#Vivendi SA	2,686,677		70,478,172	1.1%
Other Securities			260,156,374	3.9%
TOTAL FRANCE			544,388,347	8.2%
GERMANY — (6.8%)
#Allianz SE	459,625		52,559,795	0.8%
Bayerische Motoren Werke AG	915,762		45,290,896	0.7%
Daimler AG	1,684,003		86,179,238	1.3%
Deutsche Bank AG	774,190		54,036,753	0.8%
#Munchener Rueckversicherungs-Gesellschaft AG	398,730		56,194,541	0.9%
Other Securities			240,941,814	3.6%
TOTAL GERMANY			535,203,037	8.1%
GREECE — (0.2%)
Other Securities			13,035,171	0.2%
HONG KONG — (1.9%)
Hutchison Whampoa, Ltd.	5,568,000		38,213,768	0.6%
Other Securities			107,269,586	1.6%
TOTAL HONG KONG			145,483,354	2.2%

21

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
IRELAND — (0.1%)
Other Securities		$	6,494,504	0.1%
ITALY — (2.2%)
#*Intesa Sanpaolo SpA	11,201,860		36,920,433	0.6%
*UniCredit SpA	22,325,370		58,508,215	0.9%
Other Securities			80,178,881	1.2%
TOTAL ITALY			175,607,529	2.7%
JAPAN — (14.9%)
FUJIFILM Holdings Corp.	1,327,000		45,478,278	0.7%
*Nissan Motor Co., Ltd.	4,257,200		37,042,570	0.5%
Sony Corp. Sponsored ADR	1,725,386		59,042,709	0.9%
Other Securities			1,025,385,618	15.5%
TOTAL JAPAN			1,166,949,175	17.6%
MALAYSIA — (0.0%)
Other Securities			—	0.0%
NETHERLANDS — (3.7%)
#ArcelorMittal NV	2,446,831		95,219,011	1.4%
Koninklijke Philips Electronics NV	2,870,499		96,388,982	1.5%
Other Securities			101,854,969	1.5%
TOTAL NETHERLANDS			293,462,962	4.4%
NEW ZEALAND — (0.1%)
Other Securities			8,507,124	0.1%
NORWAY — (1.0%)
Other Securities			75,226,049	1.1%
PORTUGAL — (0.1%)
Other Securities			8,836,227	0.1%
SINGAPORE — (1.4%)
Other Securities			112,298,827	1.7%
SPAIN — (3.0%)
#Banco Santander SA	3,335,415		42,411,010	0.6%
#Banco Santander SA Sponsored ADR	3,712,454		45,811,682	0.7%
Other Securities			149,589,052	2.3%
TOTAL SPAIN			237,811,744	3.6%
SWEDEN — (2.7%)
Nordea Bank AB	6,583,962		64,234,663	1.0%
Other Securities			145,570,214	2.2%
TOTAL SWEDEN			209,804,877	3.2%
SWITZERLAND — (6.1%)
Compagnie Financiere Richemont SA Series A	1,205,682		44,470,307	0.7%
#Credit Suisse Group AG	1,671,311		76,709,453	1.2%
#Credit Suisse Group AG Sponsored ADR	840,377		38,405,229	0.6%
#*Holcim, Ltd. AG	739,477		55,104,807	0.8%
*Swiss Reinsurance Co., Ltd. AG	931,611		40,402,531	0.6%
*UBS AG	3,481,616		53,937,826	0.8%
Zurich Financial Services AG	322,634		71,526,291	1.1%
Other Securities			100,304,943	1.5%
TOTAL SWITZERLAND			480,861,387	7.3%
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	1,196,479		50,821,561	0.8%

22

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
Aviva P.L.C.		7,396,866	$	39,102,707	0.6%
#Barclays P.L.C. Sponsored ADR		2,451,654		50,062,775	0.7%
#HSBC Holdings P.L.C. Sponsored ADR		2,052,635		104,458,595	1.6%
Kingfisher P.L.C.		10,285,817		39,200,367	0.6%
#Royal Dutch Shell P.L.C. ADR		2,647,536		160,652,484	2.4%
SABmiller P.L.C.		1,174,082		36,807,691	0.6%
Vodafone Group P.L.C.		34,976,333		77,460,069	1.2%
#Vodafone Group P.L.C. Sponsored ADR		8,066,329		179,072,504	2.7%
*Xstrata P.L.C.		3,843,909		63,258,372	0.9%
Other Securities				424,213,351	6.4%
TOTAL UNITED KINGDOM				1,225,110,476	18.5%
TOTAL COMMON STOCKS				6,579,403,354	99.2%
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
Other Securities				—	0.0%
	Face   Amount
	(000)		Value†
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,950,000 FHLMC 5.00%, 10/15/19, valued at $14,943,938) to be repurchased at $14,719,233	$	14,719		14,719,000	0.3%
	Shares/ Face    Amount
	(000)
SECURITIES LENDING COLLATERAL — (15.7%)
§@DFA Short Term Investment Fund		1,208,413,835		1,208,413,835	18.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $2,782,890) to be repurchased at $2,747,345	$	2,747		2,747,304	0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $17,016,808) to be repurchased at $16,683,409		16,683		16,683,145	0.3%
TOTAL SECURITIES LENDING COLLATERAL				1,227,844,284	18.5%
TOTAL INVESTMENTS — (100.0%) (Cost $6,340,635,125)			$	7,821,966,638	118.0%

23

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Australia	$	5,165,140	$	400,787,844	—	$	405,952,984
Austria		—		36,264,871	—		36,264,871
Belgium		4,378,533		42,174,194	—		46,552,727
Canada		697,467,228		—	—		697,467,228
Denmark		—		94,897,499	—		94,897,499
Finland		1,745,643		57,441,612	—		59,187,255
France		3,258,880		541,129,467	—		544,388,347
Germany		134,813,858		400,389,179	—		535,203,037
Greece		2,018,690		11,016,481	—		13,035,171
Hong Kong		—		145,483,354	—		145,483,354
Ireland		6,494,504		—	—		6,494,504
Italy		25,961,825		149,645,704	—		175,607,529
Japan		118,884,502		1,048,064,673	—		1,166,949,175
Malaysia		—		—	—		—
Netherlands		13,446,349		280,016,613	—		293,462,962
New Zealand		—		8,507,124	—		8,507,124
Norway		459,433		74,766,616	—		75,226,049
Portugal		—		8,836,227	—		8,836,227
Singapore		—		112,298,827	—		112,298,827
Spain		121,807,336		116,004,408	—		237,811,744
Sweden		8,128,568		201,676,309	—		209,804,877
Switzerland		52,459,762		428,401,625	—		480,861,387
United Kingdom		553,873,753		671,236,723	—		1,225,110,476
Rights/Warrants
Hong Kong		—		—	—		—
Temporary Cash Investments		—		14,719,000	—		14,719,000
Securities Lending Collateral		—		1,227,844,284	—		1,227,844,284
TOTAL	$	1,750,364,004	$	6,071,602,634	—	$	7,821,966,638

See accompanying Notes to Financial Statements.

24

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULES OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (91.7%)
Consumer Discretionary — (16.7%)
Carnival Corp.	2,788,461	$	116,278,824	1.3%
#CBS Corp. Class B	3,870,469		62,740,302	0.7%
Comcast Corp. Class A	11,512,642		227,259,553	2.5%
#Comcast Corp. Special Class A	3,751,193		70,709,988	0.8%
*Liberty Media Corp. Interactive Class A	3,585,265		55,105,523	0.6%
News Corp. Class A	8,257,941		127,337,450	1.4%
#*Sears Holdings Corp.	595,638		72,042,416	0.8%
#Time Warner Cable, Inc.	1,980,956		111,428,775	1.2%
Time Warner, Inc.	6,225,984		205,955,551	2.3%
Walt Disney Co. (The)	4,577,802		168,646,226	1.8%
Other Securities			426,379,685	4.7%
Total Consumer Discretionary			1,643,884,293	18.1%
Consumer Staples — (6.3%)
Archer-Daniels-Midland Co.	2,639,369		73,743,970	0.8%
CVS Caremark Corp.	5,818,740		214,886,068	2.3%
#Kraft Foods, Inc.	3,952,916		117,006,314	1.3%
Other Securities			215,899,088	2.4%
Total Consumer Staples			621,535,440	6.8%
Energy — (13.2%)
Anadarko Petroleum Corp.	2,760,568		171,596,907	1.9%
Chesapeake Energy Corp.	3,039,817		72,347,645	0.8%
Chevron Corp.	855,223		69,649,361	0.8%
ConocoPhillips	5,928,100		350,884,239	3.9%
Hess Corp.	1,215,222		77,227,358	0.8%
Marathon Oil Corp.	3,398,346		109,256,824	1.2%
National-Oilwell, Inc.	1,895,755		83,470,093	0.9%
Other Securities			366,713,878	4.0%
Total Energy			1,301,146,305	14.3%
Financials — (23.7%)
Allstate Corp. (The)	2,668,014		87,164,017	0.9%
Bank of America Corp.	18,616,251		331,927,755	3.6%
Capital One Financial Corp.	2,264,568		98,304,897	1.1%
Chubb Corp.	1,484,925		78,507,985	0.9%
*Citigroup, Inc.	28,943,302		126,482,230	1.4%
CME Group, Inc.	276,766		90,892,722	1.0%
JPMorgan Chase & Co.	2,944,498		125,376,725	1.4%
Loews Corp.	2,592,160		96,532,038	1.1%
MetLife, Inc.	4,631,345		211,096,705	2.3%
Prudential Financial, Inc.	1,954,433		124,223,761	1.4%
#SunTrust Banks, Inc.	2,063,720		61,086,112	0.7%
Travelers Cos., Inc. (The)	3,328,076		168,866,576	1.9%
Other Securities			738,329,036	8.1%
Total Financials			2,338,790,559	25.8%
Health Care — (5.6%)
Aetna, Inc.	1,768,869		52,270,079	0.6%
*Thermo Fisher Scientific, Inc.	1,696,073		93,758,915	1.0%
*UnitedHealth Group, Inc.	2,645,609		80,188,409	0.9%
*WellPoint, Inc.	2,580,122		138,810,564	1.5%
Other Securities			185,424,978	2.1%
Total Health Care			550,452,945	6.1%

25

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Industrials — (13.0%)
CSX Corp.	2,287,204	$	128,197,784	1.4%
FedEx Corp.	563,693		50,738,007	0.6%
General Electric Co.	18,948,832		357,374,971	4.0%
Norfolk Southern Corp.	2,186,220		129,708,433	1.4%
#Northrop Grumman Corp.	1,926,678		130,686,569	1.4%
Southwest Airlines Co.	4,297,932		56,646,744	0.6%
Union Pacific Corp.	2,835,808		214,557,233	2.4%
Other Securities			217,358,516	2.4%
Total Industrials			1,285,268,257	14.2%
Information Technology — (3.5%)
Other Securities			343,055,631	3.8%
Materials — (4.2%)
Alcoa, Inc.	5,082,514		68,308,988	0.7%
Dow Chemical Co. (The)	3,982,926		122,793,609	1.4%
International Paper Co.	2,281,591		61,009,743	0.7%
#Weyerhaeuser Co.	1,105,551		54,746,886	0.6%
Other Securities			112,004,968	1.2%
Total Materials			418,864,194	4.6%
Telecommunication Services — (4.6%)
AT&T, Inc.	11,233,286		292,739,433	3.2%
#*Sprint Nextel Corp.	11,713,380		49,781,865	0.6%
Verizon Communications, Inc.	1,782,841		51,506,276	0.6%
Other Securities			56,619,005	0.6%
Total Telecommunication Services			450,646,579	5.0%
Utilities — (0.9%)
Other Securities			87,113,402	1.0%
TOTAL COMMON STOCKS			9,040,757,605	99.7%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $20,140,000 FNMA 6.00%, 10/01/38, valued at $13,730,091) to be repurchased at $13,526,214	$13,526		13,526,000	0.2%
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.2%)
§@DFA Short Term Investment Fund	768,077,029		768,077,029	8.4%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $65,858,702 FNMA 2.688%(r), 03/01/35 & 6.122%(r), 08/01/37, valued at $26,313,027) to be repurchased at $25,547,006	$25,547		25,546,628	0.3%

26

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares/ Face Amount		Value†		Percentage of Net Assets**
	(000)
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $29,140,000 FNMA 5.000%, 05/01/34 & 6.000%, 08/01/36, valued at $17,138,431) to be repurchased at $16,638,109	$	16,638	$	16,637,832	0.2	%
TOTAL SECURITIES LENDING COLLATERAL				810,261,489	8.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $7,449,431,817)			$	9,864,545,094	108.8	%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Consumer Discretionary	$	1,643,884,293		—	—	$	1,643,884,293
Consumer Staples		621,535,440		—	—		621,535,440
Energy		1,301,146,305		—	—		1,301,146,305
Financials		2,338,790,559		—	—		2,338,790,559
Health Care		550,452,945		—	—		550,452,945
Industrials		1,285,268,257		—	—		1,285,268,257
Information Technology		343,055,631		—	—		343,055,631
Materials		418,864,194		—	—		418,864,194
Telecommunication Services		450,646,579		—	—		450,646,579
Utilities		87,113,402		—	—		87,113,402
Temporary Cash Investments		—	$	13,526,000	—		13,526,000
Securities Lending Collateral		—		810,261,489	—		810,261,489
TOTAL	$	9,040,757,605	$	823,787,489	—	$	9,864,545,094

See accompanying Notes to Financial Statements.

27

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value†		Percentage of Net Assets**
COMMON STOCKS — (91.7%)
Consumer Discretionary — (18.0%)
Carnival Corp.	688,708	$	28,719,124	1.0	%
Comcast Corp. Class A	3,570,978		70,491,106	2.6	%
Comcast Corp. Special Class A	1,432,185		26,996,687	1.0	%
*Liberty Media Corp. Interactive Class A	882,463		13,563,456	0.5	%
News Corp. Class A	1,791,585		27,626,241	1.0	%
#News Corp. Class B	865,172		15,391,410	0.6	%
#*Sears Holdings Corp.	137,850		16,672,958	0.6	%
Time Warner Cable, Inc.	693,942		39,034,238	1.4	%
Time Warner, Inc.	1,534,860		50,773,169	1.8	%
Walt Disney Co. (The)	1,135,556		41,833,883	1.5	%
Other Securities			207,614,229	7.6	%
Total Consumer Discretionary			538,716,501	19.6	%
Consumer Staples — (6.1%)
Archer-Daniels-Midland Co.	696,262		19,453,560	0.7	%
CVS Caremark Corp.	1,366,254		50,455,760	1.8	%
Kraft Foods, Inc.	1,355,054		40,109,598	1.5	%
Other Securities			72,912,107	2.7	%
Total Consumer Staples			182,931,025	6.7	%
Energy — (13.2%)
Anadarko Petroleum Corp.	845,068		52,529,427	1.9	%
Chesapeake Energy Corp.	701,800		16,702,840	0.6	%
ConocoPhillips	1,646,053		97,429,877	3.5	%
Hess Corp.	369,557		23,485,347	0.9	%
Marathon Oil Corp.	856,737		27,544,095	1.0	%
National-Oilwell, Inc.	453,212		19,954,924	0.7	%
XTO Energy, Inc.	397,536		18,890,911	0.7	%
Other Securities			137,909,986	5.0	%
Total Energy			394,447,407	14.3	%
Financials — (24.1%)
Allstate Corp. (The)	480,637		15,702,411	0.6	%
Bank of America Corp.	6,325,765		112,788,390	4.1	%
Capital One Financial Corp.	501,240		21,758,828	0.8	%
*Citigroup, Inc.	5,515,388		24,102,246	0.9	%
CME Group, Inc.	76,377		25,082,971	0.9	%
JPMorgan Chase & Co.	1,125,368		47,918,169	1.7	%
Lincoln National Corp.	460,953		14,100,552	0.5	%
Loews Corp.	747,772		27,847,029	1.0	%
MetLife, Inc.	805,008		36,692,265	1.3	%
PNC Financial Services Group, Inc.	222,505		14,954,561	0.6	%
Prudential Financial, Inc.	335,685		21,336,139	0.8	%
SunTrust Banks, Inc.	561,161		16,610,366	0.6	%
Travelers Cos., Inc. (The)	721,677		36,617,891	1.3	%
Other Securities			305,939,115	11.1	%
Total Financials			721,450,933	26.2	%
Health Care — (5.0%)
Aetna, Inc.	486,790		14,384,644	0.5	%
*Thermo Fisher Scientific, Inc.	456,141		25,215,474	0.9	%
*WellPoint, Inc.	501,340		26,972,092	1.0	%
Other Securities			82,505,803	3.0	%
Total Health Care			149,078,013	5.4	%

28

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†		Percentage of Net Assets**
Industrials — (11.6%)
CSX Corp.	562,627	$	31,535,243	1.1%
FedEx Corp.	184,382		16,596,224	0.6%
General Electric Co.	3,487,657		65,777,211	2.4%
Norfolk Southern Corp.	399,637		23,710,463	0.9%
Northrop Grumman Corp.	289,993		19,670,225	0.7%
Southwest Airlines Co.	1,077,730		14,204,481	0.5%
Union Pacific Corp.	569,682		43,102,140	1.6%
Other Securities			133,473,134	4.9%
Total Industrials			348,069,121	12.7%
Information Technology — (4.9%)
*Motorola, Inc.	1,973,711		13,954,137	0.5%
Other Securities			131,389,728	4.8%
Total Information Technology			145,343,865	5.3%
			��
Materials — (3.5%)
Alcoa, Inc.	1,145,369		15,393,759	0.6%
Dow Chemical Co. (The)	915,598		28,227,886	1.0%
International Paper Co.	492,615		13,172,525	0.5%
Other Securities			47,673,502	1.7%
Total Materials			104,467,672	3.8%
Other — (0.0%)
Other Securities			54	0.0%
Telecommunication Services — (4.2%)
AT&T, Inc.	4,065,906		105,957,510	3.9%
#*Sprint Nextel Corp.	3,223,177		13,698,502	0.5%
Other Securities			6,697,552	0.2%
Total Telecommunication Services			126,353,564	4.6%
Utilities — (1.1%)
Public Service Enterprise Group, Inc.	488,622		15,699,425	0.6%
Other Securities			17,590,789	0.6%
Total Utilities			33,290,214	1.2%
TOTAL COMMON STOCKS			2,744,148,369	99.8%
RIGHTS/WARRANTS — (0.0%)
Other Securities			1,701	0.0%
	Shares/ Face    Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.3%)
§@DFA Short Term Investment Fund	234,451,040		234,451,040	8.5%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $23,944,641 FHLMC 5.997%(r), 12/01/06 & FNMA 6.068%(r), 03/01/36, valued at $8,043,128) to be repurchased at $7,808,978	$7,809		7,808,862	0.3%
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $12,781,984 FNMA 5.000%, 10/01/18 & 6.000%, 12/01/36, valued at $5,059,641) to be repurchased at $4,911,001	4,911		4,910,919	0.2%
TOTAL SECURITIES LENDING COLLATERAL			247,170,821	9.0%

29

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Value†		Percentage of Net Assets**
TOTAL INVESTMENTS — (100.0%) (Cost $2,583,241,627)	$	2,991,320,891	108.8	%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3	Total
Common Stocks
Consumer Discretionary	$	538,684,551	$	31,950	—	$	538,716,501
Consumer Staples		182,931,025		—	—		182,931,025
Energy		394,447,407		—	—		394,447,407
Financials		721,450,933		—	—		721,450,933
Health Care		149,078,013		—	—		149,078,013
Industrials		348,069,121		—	—		348,069,121
Information Technology		145,337,345		6,520	—		145,343,865
Materials		104,467,672		—	—		104,467,672
Other		—		54	—		54
Telecommunication Services		126,353,564		—	—		126,353,564
Utilities		33,290,214		—	—		33,290,214
Rights/Warrants		—		1,701	—		1,701
Securities Lending Collateral		—		247,170,821	—		247,170,821
TOTAL	$	2,744,109,845	$	247,211,046	—	$	2,991,320,891

See accompanying Notes to Financial Statements.

30

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The DFA International Value Series		The U.S. Large Cap Value Series		The Tax-Managed U.S. Marketwide Value Series
ASSETS:
Investments at Value (including $1,122,925, $764,728 and $231,296 of securities on loan, respectively)	$	6,579,404	$	9,040,758	$	2,744,150
Temporary Cash Investments at Value & Cost		14,719		13,526		—
Collateral Received from Securities on Loan at Value & Cost		1,227,844		810,261		247,171
Foreign Currencies at Value		13,795		—		—
Cash		16		1,528		—
Receivables:
Investment Securities Sold		24,493		29,264		14,516
Dividends, Interest and Tax Reclaims		29,850		6,408		2,053
Securities Lending Income		1,294		124		67
Fund Shares Sold		8,650		466		106
Unrealized Gain on Foreign Currency Contracts		2		—		—
Prepaid Expenses and Other Assets		17		18		5
Total Assets		7,900,084		9,902,353		3,008,068
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,227,844		810,261		247,171
Investment Securities Purchased		37,337		24,241		8,150
Fund Shares Redeemed		2,343		546		466
Due to Advisor		1,141		760		462
Loan Payable		—		—		2,534
Accrued Expenses and Other Liabilities		327		430		131
Total Liabilities		1,268,992		836,238		258,914
NET ASSETS	$	6,631,092	$	9,066,115	$	2,749,154
Investments at Cost	$	5,098,072	$	6,625,645	$	2,336,071
Foreign Currencies at Cost	$	13,784	$	—	$	—

See accompanying Notes to Financial Statements.

31

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The DFA International Value Series			The U.S. Large Cap Value Series		The Tax-Managed U.S. Marketwide Value Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $7,240, $0 and $0, respectively)	$	73,366		$	69,221	$	18,543
Interest		20			23		4
Income from Securities Lending		3,155			2,477		816
Total Investment Income		76,541			71,721		19,363
Expenses
Investment Advisory Services Fees		6,492			4,170		2,534
Accounting & Transfer Agent Fees		327			413		132
Custodian Fees		373			37		21
Shareholders’ Reports		24			31		7
Directors’/Trustees’ Fees & Expenses		37			47		14
Professional Fees		86			113		33
Other		51			44		18
Total Expenses		7,390			4,855		2,759
Net Investment Income (Loss)		69,151			66,866		16,604
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		124,884			396,358		56,201
Foreign Currency Transactions		(1,586	)		—		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		85,507			1,253,743		465,081
Translation of Foreign Currency Denominated Amounts		(272	)		—		—
Net Realized and Unrealized Gain (Loss)		208,533			1,650,101		521,282
Net Increase (Decrease) in Net Assets Resulting from Operations	$	277,684		$	1,716,967	$	537,886

See accompanying Notes to Financial Statements.

32

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The DFA International Value Series						The U.S. Large Cap Value Series						The Tax-Managed U.S. Marketwide Value Series
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	69,151		$	161,170		$	66,866		$	155,080		$	16,604		$	43,009
Net Realized Gain (Loss) on:
Investment Securities Sold		124,884			63,984			396,358			(122,113	)		56,201			(224,739	)
Futures		—			(1,125	)		—			7,204			—			2,063
Foreign Currency Transactions		(1,586	)		3,828			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		85,507			1,395,836			1,253,743			1,161,370			465,081			417,983
Futures		—			—			—			(29	)		—			(16	)
Translation of Foreign Currency
Denominated Amounts		(272	)		240			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		277,684			1,623,933			1,716,967			1,201,512			537,886			238,300
Transactions in Interest:
Contributions		351,725			449,410			200,582			734,173			50,745			347,943
Withdrawals		(190,281	)		(581,716	)		(359,834	)		(1,166,648	)		(129,404	)		(487,040	)
Net Increase (Decrease) from Transactions in Interest		161,444			(132,306	)		(159,252	)		(432,475	)		(78,659	)		(139,097	)
Total Increase (Decrease) in Net Assets		439,128			1,491,627			1,557,715			769,037			459,227			99,203
Net Assets
Beginning of Period		6,191,964			4,700,337			7,508,400			6,739,363			2,289,927			2,190,724
End of Period	$	6,631,092		$	6,191,964		$	9,066,115		$	7,508,400		$	2,749,154		$	2,289,927

See accompanying Notes to Financial Statements.

33

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The DFA International Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		4.47	%(C)		35.41	%		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%
Net Assets, End of Period (thousands)	$	6,631,092		$	6,191,964		$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.24	%		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		2.15	%(B)		3.22	%		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%
Portfolio Turnover Rate		7	%(C)		18	%		16	%(C)		16	%		8	%		10	%		15	%
	The U.S. Large Cap Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		23.01	%(C)		11.90	%		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%
Net Assets, End of Period (thousands)	$	9,066,115		$	7,508,400		$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.13	%		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.62	%(B)		2.42	%		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%
Portfolio Turnover Rate		15	%(C)		29	%		19	%(C)		9	%		13	%		9	%		7	%
	The Tax-Managed U.S. Marketwide Value Series
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		23.64	%(C)		12.76	%		(37.44	)%(C)		0.67	%		17.70	%		16.44	%		20.49	%
Net Assets, End of Period (thousands)	$	2,749,154		$	2,289,927		$	2,190,724		$	3,858,580		$	3,521,559		$	2,476,387		$	1,702,613
Ratio of Expenses to Average Net Assets		0.22	%(B)		0.23	%		0.22	%(B)		0.22	%		0.22	%		0.24	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		1.32	%(B)		2.23	%		2.09	%(B)		1.61	%		1.63	%		1.52	%		1.14	%
Portfolio Turnover Rate		15	%(C)		28	%		40	%(C)		21	%		21	%		12	%		5	%

See page 1 for the Definitions of Abbreviations and Footnotes.

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

34

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 thirteen investment portfolios, of which three (the “Series”) are presented in this report.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701 -3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

Effective December 31, 2008, The U.S. Large Cap Value Series and on November 1, 2008, The DFA International Value Series, each a master fund in a RIC/RIC master-feeder structure, elected with the consent of their respective Holder(s) to change their U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701 -3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. Each Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

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 New York Stock Exchange (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.

35

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 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 value 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. 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.

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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 Series’ own assumptions in determining the fair value of investments)

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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.

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

36

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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

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 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 April 30, 2010, the investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20%, 0.10% and 20% of average daily net assets for The DFA International Value Series, The U.S. Large Cap Value Series and The Tax-Managed U.S. Marketwide 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 April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

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D. Deferred Compensation:

At April 30, 2010, 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):

The DFA International Value Series	$	165
The U.S. Large Cap Value Series		207
The Tax-Managed U.S. Marketwide Value Series		63

E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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 DFA International Value Series	$	671,110	$	459,246
The U.S. Large Cap Value Series		1,202,203		1,311,220
The Tax-Managed U.S. Marketwide Value Series		373,995		433,142

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

F. Federal Income Taxes:

No provision for federal income taxes is required since the Series’ are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

At April 30, 2010, 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)
The DFA International Value Series	$	6,340,818	$	1,567,466	$	(86,317	)	$	1,481,149
The U.S. Large Cap Value Series		7,449,432		2,458,439		(43,326	)		2,415,113
The Tax-Managed U.S. Marketwide Value Series		2,583,995		614,715		(207,389	)		407,326

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed each Series’ tax positions and has concluded that no provision for income tax is required in any Series’ financial statements. No Series is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701 -3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The

38

DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

Effective December 31, 2008, The U.S. Large Cap Value Series, a master fund in a RIC/RIC master-feeder structure with four RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701 -3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The U.S. Large Cap Value Series was December 30, 2008. For Federal income tax purposes, pursuant to IRC Code §336(a), the master fund recognized a loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognized a gain as if it liquidated its investment in the master. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios took a fair market value basis in the securities deemed received by them and a new holding period for those securities commenced on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective “Check the Box” election date.

Increase (Decrease) Paid-in Capital			Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(3,038,312,278	)	$	2,303,664,484	$	(698,899	)	$	735,346,693

As a result of the transaction, The U.S. Large Cap Value Series recognized a ($2,303,664,484) capital loss for tax year ended December 30, 2008. Additionally, the fund has written off $3,039,011,176 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

G. 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 certain U.S. Government securities 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 April 30, 2010.

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.

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Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Series.

3.     Futures Contracts:     The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. 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, which is presented in the Statements of Operations as a net realized gain or loss on futures, 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.

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. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statements of Operations and the realized and change in unrealized gain or loss over the reporting period.

At April 30, 2010, the Series had no outstanding futures contracts.

H. Line of Credit:

The Series, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

For the six months ended April 30, 2010, 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	2.00%	$7,639	$  4	$2	$17,897
The Tax-Managed U.S. Marketwide Value Series	1.98%	9,127	10	5	23,352

At April 30, 2010, The Tax-Managed U.S. Marketwide Value Series had a loan outstanding in the amount of $2,534 (in thousands).

The Series, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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

40

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, 2011.

For the six months ended April 30, 2010, 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	0.92%	$1,537	1	—	$1,537

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

I. Securities Lending:

As of April 30, 2010, some of the Series had securities on loan to brokers/dealers, for which each Series received 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 expected 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, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund. 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 trustees are indemnified against certain liabilities 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.

K. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Series and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

41

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: (512) 306-7400. 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.

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BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 18, 2009 (the “Meeting”), the Board of Trustees of The DFA Investment Trust Company (the “Board”) considered the continuation of the investment management agreements for each series (collectively, the “Funds”) and the sub-advisory agreements for The DFA International Value Series. For the DFA International Value Series, Dimensional Fund Advisors Ltd. and DFAAustralia Limited each serve as a sub-advisor. (The investment management agreements and the sub-advisory agreements are referred to as the “AdvisoryAgreements,” 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; and (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.

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 shareholders 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. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the 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 reasonable as compared with relevant performance standards.

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 those of its peer funds, and that the advisory fees were fair, both on an absolute basis

43

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 four 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.

44

DFA043010-008S

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio IV

Emerging Markets Portfolio II

Semi-Annual Report

Six Months Ended April 30, 2010

(Unaudited)

Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

Stock prices around the world have continued to regain much of the losses they suffered in recent years. The size and speed of this rebound has been significant. This experience has reinforced our belief in the value of a long-term, disciplined approach to investing. The gains have varied quite a bit across regions and across asset classes, reflecting one of the benefits of diversification.

We take our responsibility as the steward of your investments in Dimensional’s funds very seriously, and we are grateful for the continued trust you place in us. We hope to continue serving your needs for many years to come.

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes	1
Dimensional Investment Group Inc.
Disclosure of Fund Expenses	2
Disclosure of Portfolio Holdings	4
Schedules of Investments
DFA International Value Portfolio IV	5
Emerging Markets Portfolio II	5
Statements of Assets and Liabilities	6
Statements of Operations	7
Statements of Changes in Net Assets	8
Financial Highlights	9
Notes to Financial Statements	10
The DFA Investment Trust Company
Disclosure of Fund Expenses	15
Disclosure of Portfolio Holdings	16
Summary Schedules of Portfolio Holdings
The DFA International Value Series	17
The Emerging Markets Series	21
Statements of Assets and Liabilities	25
Statements of Operations	26
Statements of Changes in Net Assets	27
Financial Highlights	28
Notes to Financial Statements	29
Voting Proxies on Fund Portfolio Securities	36
Board Approval of Investment Advisory Agreements	37

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

Schedules of Investments/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR	American Depositary Receipt
FHLMC	Federal Home Loan Mortgage Corporation
FNMA	Federal National Mortgage Association
P.L.C.	Public Limited Company
Investment Footnotes
†	See Note B to Financial Statements.
††	Securities have generally been fair valued. 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.
(v)	The variable rate shown is effective as of April 30, 2010.
§	Affiliated Fund.
Financial Highlights
(A)	Computed using average shares outstanding.
(B)	Annualized
(C)	Non-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.
RIC	Registered Investment Company
SEC	Securities and Exchange Commission

1

DIMENSIONAL INVESTMENT 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

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 costs 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 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 six-month period indicated.

Six Months Ended April 30, 2010

EXPENSE TABLES

	Beginning Account Value   11/01/09		Ending Account Value   04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
DFA International Value Portfolio IV
Actual Fund Return	$	1,000.00	$	1,045.10	0.28%	$1.42
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.41	0.28%	$1.40

2

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/09		Ending Account Value 04/30/10		Annualized Expense Ratio*	Expenses Paid During Period*
Emerging Markets Portfolio II
Actual Fund Return	$	1,000.00	$	1,145.00	0.37%	$1.97

* 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 (181), then divided by the number of days in the year (365) 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 (Affiliated Investment Company).

3

DIMENSIONAL INVESTMENT 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 Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 Funds’ holdings which reflect the investments by category.

	Affiliated Investment Companies
DFA International Value Portfolio IV	100.0%
Emerging Markets Portfolio II	100.0%

4

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

DFA INTERNATIONAL VALUE PORTFOLIO IV

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$358,319,844
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $269,329,511)	$358,319,844

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1	Level 2	Level 3	Total
Affiliated Investment Company	$358,319,844	—	—	$358,319,844

EMERGING MARKETS PORTFOLIO II

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$154,439,270
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $66,976,703)	$154,439,270

Summary of inputs used to value the Portfolio’s investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1	Level 2	Level 3	Total
Affiliated Investment Company	$154,439,270	—	—	$154,439,270

See accompanying Notes to Financial Statements.

5

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

		DFA International Value Portfolio IV			Emerging Markets Portfolio II
ASSETS:
Investment in Affiliated Investment Companies at Value		$	358,320		$	154,439
Receivables:
Fund Shares Sold			359			160
Prepaid Expenses and Other Assets			3			1
Total Assets			358,682			154,600
LIABILITIES:
Payables:
Affiliated Investment Companies Purchased			359			160
Due to Advisor			7			20
Accrued Expenses and Other Liabilities			26			14
Total Liabilities			392			194
NET ASSETS		$	358,290		$	154,406
SHARES OUTSTANDING, $0.01 PAR VALUE (1)			26,944,565			6,211,297
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	��	$	13.30		$	24.86
Investment in Affiliated Investment Companies at Cost		$	269,330		$	66,976
NET ASSETS CONSIST OF:
Paid-In Capital		$	355,959		$	141,464
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)			2,758			952
Accumulated Net Realized Gain (Loss)			(89,415	)		(75,436	)
Deferred Thailand Capital Gains Tax			—			(39	)
Net Unrealized Foreign Exchange Gain (Loss)			(2	)		2
Net Unrealized Appreciation (Depreciation)			88,990			87,463
NET ASSETS		$	358,290		$	154,406
(1) NUMBER OF SHARES AUTHORIZED			300,000,000			300,000,000

See accompanying Notes to Financial Statements.

6

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	DFA International Value Portfolio IV				Emerging Markets Portfolio II
Investment Income
Dividends (Net of Foreign Taxes Withheld of $394 and $136, respectively)		$	4,004			$	1,315
Interest			1				—
Income from Securities Lending			172				61
Expenses Allocated from Affiliated Investment Companies			(405	)			(129	)
Total Investment Income			3,772				1,247
Expenses
Administrative Services Fees			40				112
Accounting & Transfer Agent Fees			9				7
Filing Fees			15				14
Shareholders’ Reports			9				8
Directors’/Trustees’ Fees & Expenses			2				1
Audit Fees			1				1
Legal Fees			5				2
Other			2				1
Total Expenses			83				146
Net Investment Income (Loss)			3,689				1,101
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold			7,549				8,478
Foreign Currency Transactions			(85	)			28
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency			4,333				10,428
Translation of Foreign Currency Denominated Amounts			(16	)			(2	)
Change in Deferred Thailand Capital Gains Tax			—				(34	)
Net Realized and Unrealized Gain (Loss)			11,781				18,898
Net Increase (Decrease) in Net Assets Resulting from Operations		$	15,470			$	19,999

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

See accompanying Notes to Financial Statements.

7

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA International Value Portfolio IV								Emerging Markets Portfolio II
	Six Months Ended April 30, 2010				Year Ended Oct. 31, 2009				Six Months Ended April 30, 2010				Year Ended Oct. 31, 2009
	(Unaudited)									(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)		$	3,689			$	9,935			$	1,101			$	2,951
Net Realized Gain (Loss) on:
Investment Securities Sold			7,549				3,826				8,478				3,063
Futures			—				(102	)			—				(198	)
Foreign Currency Transactions			(85	)			233				28				5
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency			4,333				84,657				10,428				49,707
Futures			—				—				—				(2	)
Translation of Foreign Currency Denominated Amounts			(16	)			14				(2	)			14
Change in Deferred Thailand Capital Gains Tax			—				—				(34	)			(102	)
Net Increase (Decrease) in Net Assets Resulting from Operations			15,470				98,563				19,999				55,438
Distributions From:
Net Investment Income			(9,866	)			(21,099	)			(2,834	)			(5,915	)
Total Distributions			(9,866	)			(21,099	)			(2,834	)			(5,915	)
Capital Share Transactions (1):
Shares Issued			26,836				45,547				12,878				30,454
Shares Issued in Lieu of Cash Distributions			9,866				21,099				2,834				5,915
Shares Redeemed			(33,058	)			(98,890	)			(20,677	)			(56,278	)
Net Increase (Decrease) from Capital Share Transactions			3,644				(32,244	)			(4,965	)			(19,909	)
Total Increase (Decrease) in Net Assets			9,248				45,220				12,200				29,614
Net Assets
Beginning of Period			349,042				303,822				142,206				112,592
End of Period		$	358,290			$	349,042			$	154,406			$	142,206
(1) Shares Issued and Redeemed:
Shares Issued			2,013				5,144				532				2,003
Shares Issued in Lieu of Cash Distributions			755				2,259				121				430
Shares Redeemed			(2,480	)			(9,799	)			(868	)			(3,396	)
Net Increase (Decrease) from Shares Issued and Redeemed			288				(2,396	)			(215	)			(963	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		$	2,758			$	8,935			$	952			$	2,685

See accompanying Notes to Financial Statements.

8

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Value Portfolio IV
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
		(Unaudited)
Net Asset Value, Beginning of Period	$	13.09		$	10.46		$	21.23		$	18.85		$	14.63		$	12.94		$	10.19
Income from Investment Operations
Net Investment Income (Loss)		0.14	(A)		0.34	(A)		0.62	(A)		0.63	(A)		0.57	(A)		0.40			0.20
Net Gains (Losses) on Securities (Realized and Unrealized)		0.44			3.05			(10.29	)		2.53			4.41			1.58			2.95
Total from Investment Operations		0.58			3.39			(9.67	)		3.16			4.98			1.98			3.15
Less Distributions
Net Investment Income		(0.37	)		(0.76	)		(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		(0.37	)		(0.76	)		(1.10	)		(0.78	)		(0.76	)		(0.29	)		(0.40	)
Net Asset Value, End of Period	$	13.30		$	13.09		$	10.46		$	21.23		$	18.85		$	14.63		$	12.94
Total Return		4.51	%(C)		35.27	%		(47.88	)%(C)		17.32	%		35.65	%		15.58	%		31.99	%
Net Assets, End of Period (thousands)	$	358,290		$	349,042		$	303,822		$	729,621		$	565,255		$	304,601		$	203,569
Ratio of Expenses to Average Net Assets (D)		0.28	%(B)		0.30	%		0.26	%(B)		0.25	%		0.27	%		0.32	%		0.37	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.28	%(B)		0.30	%		0.26	%(B)		0.25	%		0.27	%		0.32	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		2.09	%(B)		3.28	%		3.93	%(B)		3.07	%		3.42	%		3.03	%		2.00	%

	Emerging Markets Portfolio II
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Net Asset Value, Beginning of Period	$	22.13		$	15.24		$	30.01		$	21.50		$	16.79		$	13.03		$	9.78
Income from Investment Operations
Net Investment Income (Loss)		0.18	(A)		0.41	(A)		0.68	(A)		0.53	(A)		0.45	(A)		0.53	(A)		0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		3.00			7.29			(14.92	)		8.42			4.74			3.47			3.18
Total from Investment Operations		3.18			7.70			(14.24	)		8.95			5.19			4.00			3.42
Less Distributions
Net Investment Income		(0.45	)		(0.81	)		(0.31	)		(0.44	)		(0.48	)		(0.24	)		(0.17	)
Net Realized Gains		—			—			(0.22	)		—			—			—			—
Total Distributions		(0.45	)		(0.81	)		(0.53	)		(0.44	)		(0.48	)		(0.24	)		(0.17	)
Net Asset Value, End of Period	$	24.86		$	22.13		$	15.24		$	30.01		$	21.50		$	16.79		$	13.03
Total Return		14.50	%(C)		53.72	%		(48.27	)%(C)		42.40	%		31.67	%		31.22	%		35.39	%
Net Assets, End of Period (thousands)	$	154,406		$	142,206		$	112,592		$	310,627		$	62,633		$	33,940		$	22,778
Ratio of Expenses to Average Net Assets (D)		0.37	%(B)		0.39	%		0.35	%(B)		0.39	%		0.35	%		0.41	%		0.53	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.37	%(B)		0.39	%		0.35	%(B)		0.43	%		0.74	%		0.81	%		0.93	%
Ratio of Net Investment Income to Average Net Assets		1.48	%(B)		2.42	%		2.82	%(B)		2.13	%		2.38	%		3.60	%		2.43	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

9

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 consists of fifteen portfolios, of which DFA International Value Portfolio IV and Emerging Markets Portfolio II (the “Portfolios”) are presented in this report.

DFA International Value Portfolio IV and Emerging Markets Portfolio II primarily invest their assets in The DFA International Value Series and The Emerging Markets Series (the “Series”), a corresponding series of The DFA Investment Trust Company. At April 30, 2010, DFA International Value Portfolio IV owned 5% and Emerging Markets Portfolio II owned 7% 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 Portfolios.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

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 Portfolios’ investments reflects its proportionate interest in the net assets of the Series.

The Portfolios utilize a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels 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)

A summary of the inputs used to value the Portfolios’ investments is disclosed at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

10

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 & Expenses.

Each Director has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Director shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board of the Fund (unless the Director files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Directors have requested or received a distribution of proceeds of a deferred fee account.

3.    Other:    The Portfolios recognize their 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 Portfolios estimate the character of distributions received that may be considered return of capital distributions. 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 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 the Series. For the six months ended April 30, 2010, the Portfolios’ 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 for DFA International Value Portfolio IV and based on an effective annual rate of 0.15% of average daily net assets for Emerging Markets Portfolio II.

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 April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (in thousands). The total related amounts paid by the Portfolios are included in Other Expenses on the Statement of Operations.

11

D. Deferred Compensation:

At April 30, 2010, 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):

DFA International Value Portfolio IV	$	9
Emerging Markets Portfolio II		4

E. 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 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 October 31, 2009 were classified to the following accounts. The 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)
DFA International Value Portfolio IV	$232	$(232)
Emerging Markets Portfolio II	4	(4)

The tax character of dividends and distributions declared and paid during the year ended November 30, 2007, the period December 1, 2007 to October 31, 2008 and the year ended October 31, 2009 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Total
DFA International Value Portfolio IV
2007	$15,672	$  7,928	$23,600
2008	23,113	14,605	37,718
2009	21,099	—	21,099
Emerging Markets Portfolio II
2007	1,289	—	1,289
2008	3,162	2,274	5,436
2009	5,915	—	5,915

At October 31, 2009, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

12

	Undistributed Net Investment Income and Short-Term Capital Gains	Undistributed Long-Term Capital Gains	Capital Loss Carryforward	Total Net Distributable Earnings/ (Accumulated Losses)
DFA International Value Portfolio IV	$8,944	—	$(96,869)	$(87,925)
Emerging Markets Portfolio II	2,688	—	(83,995)	(81,307)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2009, DFA International Value Portfolio IV and Emerging Markets Portfolio II Portfolios had capital loss carryforwards of $96,869 and $83,995 (in thousands), respectively, available to offset future realized capital gains through October 31, 2016. During the year ended October 31, 2009, DFA International Value Portfolio IV and Emerging Markets Portfolio II Portfolios utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes in the amount of $3,736 and $2,927 (in thousands), respectively.

At April 30, 2010, 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)
DFA International Value Portfolio IV	$269,340	$94,055	$(5,075)	$88,980
Emerging Markets Portfolio II	67,010	87,429	—	87,429

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be in a tax return. Management has analyzed the Portfolios’ tax position and has concluded that no provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax position for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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

13

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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011. There were no borrowings by the Portfolios under this line of credit during the six months ended April 30, 2010.

G. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of the 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.

H. Other:

At April 30, 2010, the following number of shareholders held the following approximate percentages of outstanding shares of the Portfolios.

	Number of Shareholders	Approximate Percentage of Outstanding Shares
DFA International Value Portfolio IV	1	100%
Emerging Markets Portfolio II	2	100%

I. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Portfolios and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

14

THE DFA INVESTMENT TRUST COMPANY

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

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 costs 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 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 six-month period indicated.

	Six Months Ended April 30, 2010
EXPENSE TABLES
	Beginning Account Value 11/01/09	Ending Account Value 04/30/10	Annualized Expense Ratio*	Expenses Paid During Period*
The DFA International Value Series
Actual Fund Return	$1,000.00	$1,044.70	0.23%	$1.17
Hypothetical 5% Annual Return	$1,000.00	$1,023.65	0.23%	$1.15
The Emerging Markets Series
Actual Fund Return	$1,000.00	$1,146.10	0.17%	$0.90
Hypothetical 5% Annual Return	$1,000.00	$1,023.95	0.17%	$0.85

* 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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

15

THE DFA INVESTMENT TRUST COMPANY

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 January 31 and July 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 March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, 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 shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

INTERNATIONAL EQUITY PORTFOLIOS

The DFA International Value Series
Consumer Discretionary	13.9%
Consumer Staples	5.9%
Energy	7.7%
Financials	36.6%
Health Care	0.9%
Industrials	10.7%
Information Technology	3.6%
Materials	12.4%
Other	—
Telecommunication Services	6.6%
Utilities	1.7%
	100.0%

The Emerging Market Series
Consumer Discretionary	6.0%
Consumer Staples	8.6%
Energy	14.6%
Financials	20.2%
Health Care	2.1%
Industrials	6.0%
Information Technology	15.0%
Materials	14.1%
Other	—
Telecommunication Services	9.9%
Utilities	3.5%
	100.0%

16

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (84.1%)
AUSTRALIA — (5.2%)
Australia & New Zealand Banking Group, Ltd.	3,176,183	$	70,350,159		1.1%
National Australia Bank, Ltd.	2,342,165		59,839,711		0.9%
Wesfarmers, Ltd.	2,331,991		62,514,415		0.9%
Other Securities			213,248,699		3.2%
TOTAL AUSTRALIA			405,952,984		6.1%
AUSTRIA — (0.5%)
Other Securities			36,264,871		0.5%
BELGIUM — (0.6%)
Other Securities			46,552,727		0.7%
CANADA — (8.9%)
#Bank of Montreal	680,265		42,250,363		0.6%
#EnCana Corp.	1,307,643		43,253,401		0.6%
#Manulife Financial Corp.	2,074,478		37,413,307		0.6%
#Sun Life Financial, Inc.	1,262,400		37,121,370		0.6%
Suncor Energy, Inc.	1,057,029		36,160,423		0.5%
*Teck Resources, Ltd. Class B	1,418,230		55,735,127		0.8%
#Thomson Reuters Corp.	1,832,184		66,014,899		1.0%
#Toronto Dominion Bank	944,998		70,237,595		1.1%
TransCanada Corp.	1,065,371		37,588,991		0.6%
Other Securities			271,691,752		4.1%
TOTAL CANADA			697,467,228		10.5%
DENMARK — (1.2%)
Other Securities			94,897,499		1.4%
FINLAND — (0.8%)
Other Securities			59,187,255		0.9%
FRANCE — (7.0%)
#AXA SA	2,818,397		56,008,406		0.8%
BNP Paribas SA	913,891		62,771,738		1.0%
#Compagnie de Saint-Gobain SA	846,142		41,770,221		0.6%
Societe Generale Paris SA	996,332		53,203,436		0.8%
#Vivendi SA	2,686,677		70,478,172		1.1%
Other Securities			260,156,374		3.9%
TOTAL FRANCE			544,388,347		8.2%
GERMANY — (6.8%)
#Allianz SE	459,625		52,559,795		0.8%
Bayerische Motoren Werke AG	915,762		45,290,896		0.7%
Daimler AG	1,684,003		86,179,238		1.3%
Deutsche Bank AG	774,190		54,036,753		0.8%
#Munchener Rueckversicherungs-Gesellschaft AG	398,730		56,194,541		0.9%
Other Securities			240,941,814		3.6%
TOTAL GERMANY			535,203,037		8.1%
GREECE — (0.2%)
Other Securities			13,035,171		0.2%
HONG KONG — (1.9%)
Hutchison Whampoa, Ltd.	5,568,000		38,213,768		0.6%
Other Securities			107,269,586		1.6%
TOTAL HONG KONG			145,483,354		2.2%

17

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
IRELAND — (0.1%)
Other Securities		$	6,494,504		0.1%
ITALY — (2.2%)
#*Intesa Sanpaolo SpA	11,201,860		36,920,433		0.6%
*UniCredit SpA	22,325,370		58,508,215		0.9%
Other Securities			80,178,881		1.2%
TOTAL ITALY			175,607,529		2.7%
JAPAN — (14.9%)
FUJIFILM Holdings Corp.	1,327,000		45,478,278		0.7%
*Nissan Motor Co., Ltd.	4,257,200		37,042,570		0.5%
Sony Corp. Sponsored ADR	1,725,386		59,042,709		0.9%
Other Securities			1,025,385,618		15.5%
TOTAL JAPAN			1,166,949,175		17.6%
MALAYSIA — (0.0%)
Other Securities			—		0.0%
NETHERLANDS — (3.7%)
#ArcelorMittal NV	2,446,831		95,219,011		1.4%
Koninklijke Philips Electronics NV	2,870,499		96,388,982		1.5%
Other Securities			101,854,969		1.5%
TOTAL NETHERLANDS			293,462,962		4.4%
NEW ZEALAND — (0.1%)
Other Securities			8,507,124		0.1%
NORWAY — (1.0%)
Other Securities			75,226,049		1.1%
PORTUGAL — (0.1%)
Other Securities			8,836,227		0.1%
SINGAPORE — (1.4%)
Other Securities			112,298,827		1.7%
SPAIN — (3.0%)
#Banco Santander SA	3,335,415		42,411,010		0.6%
#Banco Santander SA Sponsored ADR	3,712,454		45,811,682		0.7%
Other Securities			149,589,052		2.3%
TOTAL SPAIN			237,811,744		3.6%
SWEDEN — (2.7%)
Nordea Bank AB	6,583,962		64,234,663		1.0%
Other Securities			145,570,214		2.2%
TOTAL SWEDEN			209,804,877		3.2%
SWITZERLAND — (6.1%)
Compagnie Financiere Richemont SA Series A	1,205,682		44,470,307		0.7%
#Credit Suisse Group AG	1,671,311		76,709,453		1.2%
#Credit Suisse Group AG Sponsored ADR	840,377		38,405,229		0.6%
#*Holcim, Ltd. AG	739,477		55,104,807		0.8%
*Swiss Reinsurance Co., Ltd. AG	931,611		40,402,531		0.6%
*UBS AG	3,481,616		53,937,826		0.8%
Zurich Financial Services AG	322,634		71,526,291		1.1%
Other Securities			100,304,943		1.5%
TOTAL SWITZERLAND			480,861,387		7.3%
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	1,196,479		50,821,561		0.8%

18

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
UNITED KINGDOM — (Continued)
Aviva P.L.C.	7,396,866	$	39,102,707		0.6%
#Barclays P.L.C. Sponsored ADR	2,451,654		50,062,775		0.7%
#HSBC Holdings P.L.C. Sponsored ADR	2,052,635		104,458,595		1.6%
Kingfisher P.L.C.	10,285,817		39,200,367		0.6%
#Royal Dutch Shell P.L.C. ADR	2,647,536		160,652,484		2.4%
SABmiller P.L.C.	1,174,082		36,807,691		0.6%
Vodafone Group P.L.C.	34,976,333		77,460,069		1.2%
#Vodafone Group P.L.C. Sponsored ADR	8,066,329		179,072,504		2.7%
*Xstrata P.L.C.	3,843,909		63,258,372		0.9%
Other Securities			424,213,351		6.4%
TOTAL UNITED KINGDOM			1,225,110,476		18.5%
TOTAL COMMON STOCKS			6,579,403,354		99.2%
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
Other Securities			—		0.0%
	Face   Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,950,000 FHLMC 5.00%, 10/15/19, valued at $14,943,938) to be repurchased at $14,719,233	$14,719		14,719,000		0.3%
	Shares/ Face   Amount
	(000)
SECURITIES LENDING COLLATERAL — (15.7%)
§@DFA Short Term Investment Fund	1,208,413,835		1,208,413,835		18.2%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $2,782,890) to be repurchased at $2,747,345	$2,747		2,747,304		0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $17,016,808) to be repurchased at $16,683,409	16,683		16,683,145		0.3%
TOTAL SECURITIES LENDING COLLATERAL			1,227,844,284		18.5%
TOTAL INVESTMENTS — (100.0%) (Cost $6,340,635,125)			$7,821,966,638		118.0%

19

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	5,165,140	$	400,787,844		—	$	405,952,984
Austria		—		36,264,871		—		36,264,871
Belgium		4,378,533		42,174,194		—		46,552,727
Canada		697,467,228		—		—		697,467,228
Denmark		—		94,897,499		—		94,897,499
Finland		1,745,643		57,441,612		—		59,187,255
France		3,258,880		541,129,467		—		544,388,347
Germany		134,813,858		400,389,179		—		535,203,037
Greece		2,018,690		11,016,481		—		13,035,171
Hong Kong		—		145,483,354		—		145,483,354
Ireland		6,494,504		—		—		6,494,504
Italy		25,961,825		149,645,704		—		175,607,529
Japan		118,884,502		1,048,064,673		—		1,166,949,175
Malaysia		—		—		—		—
Netherlands		13,446,349		280,016,613		—		293,462,962
New Zealand		—		8,507,124		—		8,507,124
Norway		459,433		74,766,616		—		75,226,049
Portugal		—		8,836,227		—		8,836,227
Singapore		—		112,298,827		—		112,298,827
Spain		121,807,336		116,004,408		—		237,811,744
Sweden		8,128,568		201,676,309		—		209,804,877
Switzerland		52,459,762		428,401,625		—		480,861,387
United Kingdom		553,873,753		671,236,723		—		1,225,110,476
Rights/Warrants
Hong Kong		—		—		—		—
Temporary Cash Investments		—		14,719,000		—		14,719,000
Securities Lending Collateral		—		1,227,844,284		—		1,227,844,284
TOTAL	$	1,750,364,004	$	6,071,602,634		—	$	7,821,966,638

See accompanying Notes to Financial Statements.

20

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

	Shares	Value††		Percentage of Net Assets**
COMMON STOCKS — (82.7%)
ARGENTINA — (0.1%)
Other Securities		$	1,721,656		0.1%
BRAZIL — (3.3%)
Companhia Siderurgica Nacional SA	734,552		13,733,893		0.6%
Petroleo Brasilerio SA ADR	868,746		36,860,893		1.6%
Other Securities			30,077,170		1.3%
TOTAL BRAZIL			80,671,956		3.5%
CHILE — (1.5%)
Other Securities			37,770,574		1.7%
CHINA — (9.2%)
Bank of China, Ltd.	36,691,000		18,887,982		0.8%
China Construction Bank Corp.	21,737,000		17,679,518		0.8%
#China Life Insurance Co., Ltd. ADR	250,705		16,945,151		0.7%
China Mobile, Ltd. Sponsored ADR	696,697		34,068,483		1.5%
#CNOOC, Ltd. ADR	67,956		11,954,820		0.5%
Industrial & Commercial Bank of China, Ltd.	34,093,000		24,848,598		1.1%
PetroChina Co., Ltd. ADR	115,210		13,264,127		0.6%
Tencent Holdings, Ltd.	700,600		14,470,766		0.6%
Other Securities			77,309,097		3.4%
TOTAL CHINA			229,428,542		10.0%
CZECH REPUBLIC — (0.9%)
CEZ A.S.	279,544		13,404,286		0.6%
Other Securities			7,489,643		0.3%
TOTAL CZECH REPUBLIC			20,893,929		0.9%
HUNGARY — (1.3%)
#*OTP Bank NYRT	473,736		16,652,516		0.7%
Other Securities			16,368,600		0.7%
TOTAL HUNGARY			33,021,116		1.4%
INDIA — (10.9%)
HDFC Bank, Ltd.	386,733		17,145,011		0.7%
Infosys Technologies, Ltd.	449,681		27,426,840		1.2%
#Infosys Technologies, Ltd. Sponsored ADR	233,496		13,981,740		0.6%
Reliance Industries, Ltd.	1,958,609		45,244,268		2.0%
Tata Consultancy Services, Ltd.	756,974		12,986,852		0.6%
Other Securities			153,802,995		6.7%
TOTAL INDIA			270,587,706		11.8%
INDONESIA — (2.4%)
PT Astra International Tbk	2,890,061		14,934,573		0.7%
PT Telekomunikasi Indonesia Tbk	14,011,140		12,095,770		0.5%
Other Securities			33,532,822		1.5%
TOTAL INDONESIA			60,563,165		2.7%
ISRAEL — (1.5%)
Teva Pharmaceutical Industries, Ltd. Sponsored ADR	423,625		24,879,496		1.1%
Other Securities			12,923,591		0.6%
TOTAL ISRAEL			37,803,087		1.7%
MALAYSIA — (4.5%)
CIMB Group Holdings Berhad	2,785,627		12,334,742		0.5%

21

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
MALAYSIA — (Continued)
Other Securities		$	99,758,768		4.4%
TOTAL MALAYSIA			112,093,510		4.9%
MEXICO — (6.6%)
#America Movil S.A.B. de C.V. Series L	17,737,259		45,638,804		2.0%
#Grupo Mexico S.A.B. de C.V. Series B	4,075,517		10,754,618		0.5%
#Wal-Mart de Mexico S.A.B. de C.V. Series V	8,745,360		20,456,567		0.9%
Other Securities			87,246,332		3.8%
TOTAL MEXICO			164,096,321		7.2%
PHILIPPINES — (0.5%)
Other Securities			12,385,583		0.5%
POLAND — (1.3%)
Other Securities			32,992,799		1.4%
RUSSIA — (3.8%)
*Gazprom OAO Sponsored ADR	1,525,390		35,017,180		1.5%
*Lukoil OAO Sponsored ADR	330,511		18,590,951		0.8%
Other Securities			41,167,583		1.8%
TOTAL RUSSIA			94,775,714		4.1%
SOUTH AFRICA — (8.1%)
*Anglo American Platinum Corp., Ltd.	103,642		11,301,790		0.5%
Impala Platinum Holdings, Ltd.	478,692		13,424,808		0.6%
*MTN Group, Ltd.	1,659,950		24,217,399		1.0%
Naspers, Ltd. Series N	324,237		13,057,043		0.6%
Sasol, Ltd. Sponsored ADR	1,065,717		43,321,396		1.9%
Standard Bank Group, Ltd.	861,864		13,104,398		0.6%
Other Securities			81,769,338		3.6%
TOTAL SOUTH AFRICA			200,196,172		8.8%
SOUTH KOREA — (12.7%)
#Hyundai Heavy Industries Co., Ltd.	47,395		10,726,806		0.5%
#Hyundai Motor Co., Ltd.	95,919		11,697,991		0.5%
POSCO	46,060		20,654,841		0.9%
Samsung Electronics Co., Ltd.	97,139		73,858,555		3.2%
Samsung Electronics Co., Ltd. GDR	49,372		18,856,946		0.8%
Other Securities			179,110,260		7.9%
TOTAL SOUTH KOREA			314,905,399		13.8%
TAIWAN — (10.4%)
Formosa Chemicals & Fiber Co., Ltd.	4,298,445		10,839,166		0.5%
Formosa Plastics Corp.	5,051,648		11,222,961		0.5%
Hon Hai Precision Industry Co., Ltd.	4,590,176		21,548,710		0.9%
#Media Tek, Inc.	735,527		12,453,974		0.5%
Nan Ya Plastic Corp.	7,084,564		14,853,387		0.7%
Taiwan Semiconductor Manufacturing Co., Ltd.	22,386,808		43,813,226		1.9%
Other Securities			142,354,282		6.2%
TOTAL TAIWAN			257,085,706		11.2%
THAILAND — (1.5%)
Other Securities			37,775,641		1.7%
TURKEY — (2.2%)
Turkiye Garanti Bankasi A.S.	2,842,585		13,770,993		0.6%

22

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††		Percentage of Net Assets**
TURKEY — (Continued)
Other Securities		$	40,353,802		1.8%
TOTAL TURKEY			54,124,795		2.4%
TOTAL COMMON STOCKS			2,052,893,371		89.8%
PREFERRED STOCKS — (8.8%)
BRAZIL — (8.8%)
Banco Bradesco SA	1,440,120		26,470,205		1.2%
Companhia de Bebidas das Americas Preferred ADR	151,600		14,826,480		0.6%
Gerdau SA	756,268		12,425,724		0.5%
Itau Unibanco Holding SA	1,765,755		38,276,225		1.7%
Petroleo Brasilerio SA ADR	1,206,109		45,759,775		2.0%
Vale SA Series A	1,412,691		37,904,737		1.7%
Other Securities			43,261,900		1.9%
TOTAL BRAZIL			218,925,046		9.6%
TOTAL PREFERRED STOCKS			218,925,046		9.6%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities			—		0.0%
CHINA — (0.0%)
Other Securities			2,502		0.0%
MALAYSIA — (0.0%)
Other Securities			7,590		0.0%
TOTAL RIGHTS/WARRANTS			10,092		0.0%
	Face   Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $6,390,000 FNMA 1.213%(v), 11/25/39, valued at $5,499,642) to be repurchased at $5,416,086	$5,416		5,416,000		0.2%
	Shares/ Face   Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.3%)
§@DFA Short Term Investment Fund	205,297,070		205,297,070		9.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $174,219) to be repurchased at $171,994	$172		171,991		0.0%
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $1,343,542) to be repurchased at $1,317,219	1,317		1,317,198		0.1%
TOTAL SECURITIES LENDING COLLATERAL			206,786,259		9.1%

23

THE EMERGING MARKETS SERIES

CONTINUED

	Value†		Percentage of Net Assets**
TOTAL INVESTMENTS — (100.0%) (Cost $1,281,019,294)	$	2,484,030,768		108.7%

Summary of inputs used to value the Series’ investments as of April 30, 2010 is as follows (See Security Valuation Note):

	Valuation Inputs
	Investment in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Argentina	$	1,721,656		—		—	$	1,721,656
Brazil		80,671,956		—		—		80,671,956
Chile		37,770,574		—		—		37,770,574
China		85,209,043	$	144,219,499		—		229,428,542
Czech Republic		—		20,893,929		—		20,893,929
Hungary		—		33,021,116		—		33,021,116
India		21,770,824		248,816,882		—		270,587,706
Indonesia		—		60,563,165		—		60,563,165
Israel		24,879,496		12,923,591		—		37,803,087
Malaysia		—		112,093,510		—		112,093,510
Mexico		164,088,501		7,820		—		164,096,321
Philippines		—		12,385,583		—		12,385,583
Poland		—		32,992,799		—		32,992,799
Russia		—		94,775,714		—		94,775,714
South Africa		60,558,996		139,637,176		—		200,196,172
South Korea		4,138,431		310,766,968		—		314,905,399
Taiwan		7,067,247		250,018,459		—		257,085,706
Thailand		37,775,641		—		—		37,775,641
Turkey		3		54,124,792		—		54,124,795
Preferred Stocks
Brazil		218,925,046		—		—		218,925,046
Rights/Warrants
Brazil		—		—		—		—
China		—		2,502		—		2,502
Malaysia		—		7,590		—		7,590
Temporary Cash Investments		—		5,416,000		—		5,416,000
Securities Lending Collateral		—		206,786,259		—		206,786,259
TOTAL	$	744,577,414	$	1,739,453,354		—	$	2,484,030,768

See accompanying Notes to Financial Statements.

24

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The DFA International Value Series		The Emerging Markets Series
ASSETS:
Investments at Value (including $1,122,925 and $216,812 of securities on loan, respectively)	$	6,579,404	$	2,271,829
Temporary Cash Investments at Value & Cost		14,719		5,416
Collateral Received from Securities on Loan at Value & Cost		1,227,844		206,786
Foreign Currencies at Value		13,795		2,600
Cash		16		28
Receivables:
Investment Securities Sold		24,493		5,137
Dividends, Interest and Tax Reclaims		29,850		5,810
Securities Lending Income		1,294		171
Fund Shares Sold		8,650		2,585
Unrealized Gain on Foreign Currency Contracts		2		—
Prepaid Expenses and Other Assets		17		7
Total Assets		7,900,084		2,500,369
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,227,844		206,786
Investment Securities Purchased		37,337		3,498
Fund Shares Redeemed		2,343		1,202
Due to Advisor		1,141		194
Unrealized Loss on Foreign Currency Contracts		—		1
Deferred Thailand Capital Gains Tax		—		2,818
Accrued Expenses and Other Liabilities		327		180
Total Liabilities		1,268,992		214,679
NET ASSETS	$	6,631,092	$	2,285,690
Investments at Cost	$	5,098,072	$	1,068,817
Foreign Currencies at Cost	$	13,784	$	2,565

See accompanying Notes to Financial Statements.

25

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

	The DFA International Value Series				The Emerging Markets Series
Investment Income
Dividends (Net of Foreign Taxes Withheld of $7,240 and $2,044, respectively)		$	73,366			$	19,658
Interest			20				3
Income from Securities Lending			3,155				919
Total Investment Income			76,541				20,580
Expenses
Investment Advisory Services Fees			6,492				1,126
Accounting & Transfer Agent Fees			327				122
Custodian Fees			373				600
Shareholders’ Reports			24				8
Directors’/Trustees’ Fees & Expenses			37				13
Professional Fees			86				46
Other			51				22
Total Expenses			7,390				1,937
Net Investment Income (Loss)			69,151				18,643
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold			124,884				115,427
Foreign Currency Transactions			(1,586	)			419
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency			85,507				168,073
Translation of Foreign Currency Denominated Amounts			(272	)			(34	)
Change in Deferred Thailand Capital Gains Tax			—				(664	)
Net Realized and Unrealized Gain (Loss)			208,533				283,221
Net Increase (Decrease) in Net Assets Resulting from Operations		$	277,684			$	301,864

See accompanying Notes to Financial Statements.

26

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The DFA International Value Series						The Emerging Markets Series
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009
		(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	69,151		$	161,170		$	18,643		$	43,700
Net Realized Gain (Loss) on:
Investment Securities Sold		124,884			63,984			115,427			40,421
Futures		—			(1,125	)		—			(2,920	)
Foreign Currency Transactions		(1,586	)		3,828			419			(24	)
In-Kind Redemptions		—			—			—			17,805	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		85,507			1,395,836			168,073			642,058
Futures		—			—			—			(32	)
Translation of Foreign Currency Denominated Amounts		(272	)		240			(34	)		210
Change in Deferred Thailand Capital Gains Tax		—			—			(664	)		(1,366	)
Net Increase (Decrease) in Net Assets Resulting from Operations		277,684			1,623,933			301,864			739,852
Transactions in Interest:
Contributions		351,725			449,410			62,327			162,102
Withdrawals		(190,281	)		(581,716	)		(187,817	)		(417,162	)*
Net Increase (Decrease) from Transactions in Interest		161,444			(132,306	)		(125,490	)		(255,060	)
Total Increase (Decrease) in Net Assets		439,128			1,491,627			176,374			484,792
Net Assets
Beginning of Period		6,191,964			4,700,337			2,109,316			1,624,524
End of Period	$	6,631,092		$	6,191,964		$	2,285,690		$	2,109,316

  * See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

27

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The DFA International Value Series†
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		4.47	%(C)		35.41	%		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%
Net Assets, End of Period (thousands)	$	6,631,092		$	6,191,964		$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.24	%		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		2.15	%(B)		3.22	%		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%
Portfolio Turnover Rate		7	%(C)		18	%		16	%(C)		16	%		8	%		10	%		15	%
	The Emerging Markets Series
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004
	(Unaudited)
Total Return		14.61	%(C)		53.99	%		(48.15	)%(C)		42.62	%		31.87	%		31.23	%		35.47	%
Net Assets, End of Period (thousands)	$	2,285,690		$	2,109,316		$	1,624,524		$	3,707,790		$	2,414,971		$	1,852,565		$	1,160,262
Ratio of Expenses to Average Net Assets		0.17	%(B)		0.20	%		0.18	%(B)		0.19	%		0.20	%		0.27	%		0.31	%
Ratio of Net Investment Income to Average Net Assets		1.67	%(B)		2.57	%		3.00	%(B)		2.52	%		2.54	%		3.70	%		2.63	%
Portfolio Turnover Rate		6	%(C)		14	%		19	%(C)		7	%		11	%		9	%		2	%

See page 1 for the Definitions of Abbreviations and Footnotes.

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

28

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 thirteen investment portfolios, of which two The DFA International Value Series and The Emerging Markets Series (the “Series”) are presented in this report.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure, elected with the consent of its respective Holder(s) to change its U.S. federal income tax classification from that of an association taxable as a corporation to a partnership pursuant to Treasury Regulation § 301.7701-3. The change in capital structure and retroactive reclassification of the statement of changes in net assets and financial highlights for the respective funds is a result of the treatment of a partnership for book purposes. The Series/Portfolio will maintain its books and records and present its financial statements in accordance with generally accepted accounting principles for investment partnerships.

At a regular meeting of the Board of Directors/Trustees (the “Board”) on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

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 New York Stock Exchange (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.

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 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 value prices will attempt to reflect the impact of the U.S. financial

29

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. 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.

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels described below:

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

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

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

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed at the end of the Summary Schedule of Portfolio Holdings. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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 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.

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 appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses.

Each Trustee has the option to receive their distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed upon years; or quarterly installments over a period of agreed upon years. Each Trustee shall have the right in a notice of election to defer compensation (the “Notice”) to elect to defer

30

the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of the Fund; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to become a member of the Board of the Fund (unless the Trustee files an amended Notice selecting a different distribution date). Robert C. Merton resigned from the Board of the Fund on December 1, 2009 and received a lump sum payment of the proceeds of his deferred fee account on January 4, 2010 in the amount of $241,764. As of April 30, 2010, no other Trustees have requested or received a distribution of proceeds of a deferred fee account.

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 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 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 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.

The Emerging Markets 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 accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. The Emerging Markets Series is also subject to a 15% 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 Series. For the six months ended April 30, 2010, the investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20% and 0.10% of average daily net assets for The DFA International Value Series and The Emerging Markets 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 April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

31

D. Deferred Compensation:

At April 30, 2010, 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):

The DFA International Value Series	$	165
The Emerging Markets Series		58

E. Purchases and Sales of Securities:

For the six months ended April 30, 2010, 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 DFA International Value Series	$671,110	$459,246
The Emerging Markets Series	141,527	256,214

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

F. Federal Income Taxes:

No provision for federal income taxes is required since the Series’ are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

At April 30, 2010, 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)
The DFA International Value Series	$6,340,818	$1,567,466	$(86,317)	$1,481,149
The Emerging Markets Series	1,281,515	1,221,932	(19,416)	1,202,516

Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken on a tax return. Management has analyzed each Series’ tax positions and has concluded that no provision for income tax is required in any Series’ financial statements. No Series is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master-feeder structure with five RIC feeders and other direct client investor(s), made a “Check-the-box” election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Internal Revenue Code §336(a), the master fund recognizes gain or loss as if the master’s investment securities were sold to its shareholders and, pursuant to IRC Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. For tax purposes, pursuant to IRC Code §334(a), each of the Portfolios will

32

take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

G. 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 certain U.S. Government securities 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 April 30, 2010.

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.

Derivative Financial Instruments:

Disclosures on derivative instruments and hedging activities are intended to improve financial reporting for derivative instruments by enabling investors to understand how and why a fund uses derivatives, how derivatives are accounted for and how derivative instruments affect a fund’s results of operations and financial position. Summarized below are the specific types of derivative instruments used by the Series.

3.    Futures Contracts:    The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. 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, which is presented in the Statements of Operations as a net realized gain or loss on futures, 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.

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. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Additional disclosure on derivative instruments is required showing a summary by primary risk exposure of the derivatives instruments’ (i) location in the balance sheet and fair value at period end and (ii) the location in the Statements of Operations and the realized and change in unrealized gain or loss over the reporting period.

At April 30, 2010, the Series had no outstanding futures contracts.

33

H. Line of Credit:

The Series, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 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 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 discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowing by the Series under this line of credit during the six months ended April 30, 2010.

The Series, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 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, 2011.

For the six months ended April 30, 2010, 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	0.92%	$1,537	1	—	$  1,537
The Emerging Markets Series	0.86%	7,158	34	$  6	41,407

There were no outstanding borrowings by the Series under this line of credit as of April 30, 2010.

I. Securities Lending:

As of April 30, 2010, some of the Series had securities on loan to brokers/dealers, for which each Series received 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 expected 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, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. 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. If 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 their stated investment policies, each Series will generally invest the cash collateral received for the loan securities in The DFA Short Term Investment Fund LP (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Series also may invest in cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, 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

34

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 trustees are indemnified against certain liabilities 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.

K. In-Kind Redemptions:

In accordance with guidelines described in the Series’ prospectus, the Series may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the Series 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 year ended October 31, 2009, The Emerging Markets Series realized net gains of $17,805 (in thousands) of in-kind redemptions.

L. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Series and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

35

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: (512) 306-7400. 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.

36

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 18, 2009 (the “Meeting”), the Board of Trustees of The DFA Investment Trust Company (the “Board”) considered the continuation of the investment management agreements and the sub-advisory agreements for each series (collectively, the “Funds”). Dimensional Fund Advisors Ltd. and DFA Australia Limited each serve as a sub-advisor to the Funds. (The investment 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; and (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.

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 shareholders 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. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the 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 reasonable as compared with relevant performance standards.

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 those of 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

37

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 four 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.

38

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[THIS PAGE INTENTIONALLY LEFT BLANK]

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. INVESTMENTS.

(a) 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

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments

Investment Abbreviations

ADR	American Depository Receipt
FHLMC	Federal Home Loan Mortgage Corporation
FNMA	Federal National Mortgage Association
GDR	Global Depository Receipt
NVDR	Non-Voting Depository Receipt
P.L.C.	Public Limited Company

Investment Footnotes

†	See Security Valuation Note within the Notes to Schedules of Investments.
††	Securities have generally been fair valued. See Security Valuation Note within the Notes to Schedules of Investments.
*	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 April 30, 2010.
(v)	The variable rate shown is effective as of April 30, 2010.
•	Security is being fair valued at April 30, 2010.
—	Amounts designated as — are either zero or rounded to zero.
§	Affiliated Fund.

1

THE U.S. LARGE COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value†
COMMON STOCKS — (88.0%)
Consumer Discretionary — (9.3%)
#Abercrombie & Fitch Co.	31,288	$	1,368,224
*Amazon.com, Inc.	121,728		16,684,040
*Apollo Group, Inc. Class A	45,716		2,624,556
#*AutoNation, Inc.	32,139		649,208
*Autozone, Inc.	10,560		1,953,706
*Bed Bath & Beyond, Inc.	93,173		4,282,231
Best Buy Co., Inc.	121,903		5,558,777
*Big Lots, Inc.	29,395		1,122,889
Carnival Corp.	154,348		6,436,312
CBS Corp. Class B	240,771		3,902,898
Coach, Inc.	111,735		4,664,936
Comcast Corp. Class A	1,009,101		19,919,654
#Darden Restaurants, Inc.	49,723		2,225,104
DeVry, Inc.	22,016		1,373,578
*DIRECTV Class A	332,558		12,048,576
*Discovery Communications, Inc.	100,831		3,902,160
#DR Horton, Inc.	98,366		1,444,997
#*Eastman Kodak Co.	95,535		584,674
Expedia, Inc.	75,193		1,775,307
Family Dollar Stores, Inc.	49,209		1,946,708
*Ford Motor Co.	1,197,830		15,595,747
Fortune Brands, Inc.	54,046		2,833,091
#*GameStop Corp. Class A	54,348		1,321,200
Gannett Co., Inc.	84,409		1,436,641
Gap, Inc.	169,310		4,187,036
#Genuine Parts Co.	56,437		2,415,504
*Goodyear Tire & Rubber Co.	86,135		1,156,793
H&R Block, Inc.	119,325		2,184,841
#Harley-Davidson, Inc.	83,322		2,818,783
*Harman International Industries, Inc.	24,692		974,840
Hasbro, Inc.	43,645		1,674,222
Home Depot, Inc.	604,706		21,315,886
International Game Technology	105,485		2,223,624
#*Interpublic Group of Cos., Inc. (The)	172,785		1,539,514
J.C. Penney Co., Inc.	83,922		2,448,005
Johnson Controls, Inc.	238,884		8,024,114
*Kohl’s Corp.	109,033		5,995,725
#Leggett & Platt, Inc.	52,793		1,295,012
#Lennar Corp. Class A	57,861		1,151,434
#Limited Brands, Inc.	95,128		2,549,430
Lowe’s Cos., Inc.	523,489		14,197,022
Macy’s, Inc.	149,720		3,473,504
#Marriott International, Inc. Class A	90,523		3,327,625
Mattel, Inc.	129,324		2,980,918
McDonald’s Corp.	382,637		27,010,346
McGraw-Hill Cos., Inc.	112,266		3,785,610
Meredith Corp.	13,054		469,030
*New York Times Co. Class A (The)	41,372		410,410
#Newell Rubbermaid, Inc.	98,792		1,686,379
News Corp. Class A	801,357		12,356,925
#NIKE, Inc. Class B	138,679		10,527,123
#Nordstrom, Inc.	58,782		2,429,460
*Office Depot, Inc.	97,702		670,236
#Omnicom Group, Inc.	110,401		4,709,707
#*O’Reilly Automotive, Inc.	48,921		2,391,748
#Polo Ralph Lauren Corp.	20,343		1,828,836
*Priceline.com, Inc.	16,209		4,247,568
*Pulte Group, Inc.	112,832		1,476,971

2

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Consumer Discretionary — (Continued)
RadioShack Corp.	44,535	$	959,729
#Ross Stores, Inc.	44,051		2,466,856
Scripps Networks Interactive, Inc.	31,853		1,444,215
#*Sears Holdings Corp.	17,260		2,087,597
#Sherwin-Williams Co.	32,728		2,555,075
Snap-On, Inc.	20,540		989,617
*Stanley Black & Decker, Inc.	55,978		3,479,033
#Staples, Inc.	259,249		6,100,129
*Starbucks Corp.	264,371		6,868,359
#Starwood Hotels & Resorts Worldwide, Inc.	66,433		3,621,263
Target Corp.	267,539		15,214,943
#Tiffany & Co.	44,256		2,145,531
Time Warner Cable, Inc.	125,378		7,052,512
Time Warner, Inc.	409,049		13,531,341
#TJX Cos., Inc. (The)	149,257		6,916,569
*Urban Outfitters, Inc.	46,139		1,730,674
V.F. Corp.	31,461		2,718,860
*Viacom, Inc. Class B	215,981		7,630,609
Walt Disney Co. (The)	689,738		25,409,948
Washington Post Co.	2,170		1,100,537
#Whirlpool Corp.	26,600		2,895,942
#Wyndham Worldwide Corp.	63,591		1,704,875
Wynn Resorts, Ltd.	24,553		2,166,557
Yum! Brands, Inc.	166,885		7,079,262
Total Consumer Discretionary			403,459,428
Consumer Staples — (9.6%)
Altria Group, Inc.	739,887		15,678,206
Archer-Daniels-Midland Co.	228,521		6,384,877
Avon Products, Inc.	152,027		4,915,033
#Brown-Forman Corp. Class B	38,651		2,248,715
Campbell Soup Co.	67,072		2,405,202
Clorox Co.	49,871		3,226,654
Coca-Cola Co. (The)	819,757		43,816,012
Coca-Cola Enterprises, Inc.	113,642		3,151,293
Colgate-Palmolive Co.	175,587		14,766,867
#ConAgra, Inc.	157,683		3,858,503
*Constellation Brands, Inc. Class A	71,030		1,297,718
Costco Wholesale Corp.	156,236		9,230,423
CVS Caremark Corp.	494,500		18,261,885
*Dean Foods Co.	64,473		1,012,226
Dr Pepper Snapple Group, Inc.	90,368		2,957,745
Estee Lauder Cos., Inc.	42,032		2,770,749
General Mills, Inc.	117,190		8,341,584
H.J. Heinz Co.	112,459		5,270,953
Hershey Co. (The)	59,169		2,781,535
Hormel Foods Corp.	24,714		1,007,343
J.M. Smucker Co.	42,327		2,584,910
Kellogg Co.	90,676		4,981,739
Kimberly-Clark Corp.	148,047		9,069,359
Kraft Foods, Inc.	617,581		18,280,398
Kroger Co. (The)	231,116		5,137,709
Lorillard, Inc.	55,052		4,314,425
McCormick & Co., Inc. Non-Voting	46,988		1,859,315
Mead Johnson Nutrition Co.	72,724		3,753,286
Molson Coors Brewing Co.	56,339		2,499,198
PepsiCo, Inc.	581,165		37,903,581
Philip Morris International, Inc.	668,916		32,830,397
Procter & Gamble Co.	1,032,944		64,207,799
Reynolds American, Inc.	60,111		3,211,130
Safeway, Inc.	138,266		3,263,078

3

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Consumer Staples — (Continued)
Sara Lee Corp.	247,985	$	3,526,347
#SUPERVALU, Inc.	75,392		1,123,341
#Sysco Corp.	210,723		6,646,203
Tyson Foods, Inc. Class A	108,478		2,125,084
Walgreen Co.	350,351		12,314,838
Wal-Mart Stores, Inc.	758,794		40,709,298
#*Whole Foods Market, Inc.	60,581		2,363,871
Total Consumer Staples			416,088,829
Energy — (9.9%)
Anadarko Petroleum Corp.	175,166		10,888,319
Apache Corp.	119,684		12,179,044
#*Baker Hughes, Inc.	152,704		7,598,567
Cabot Oil & Gas Corp.	36,860		1,331,752
*Cameron International Corp.	86,933		3,430,376
Chesapeake Energy Corp.	231,816		5,517,221
Chevron Corp.	714,219		58,165,995
ConocoPhillips	528,754		31,296,949
Consol Energy, Inc.	78,115		3,490,178
#*Denbury Resources, Inc.	140,627		2,693,007
Devon Energy Corp.	158,893		10,698,266
#Diamond Offshore Drilling, Inc.	24,716		1,955,036
El Paso Corp.	249,405		3,017,800
EOG Resources, Inc.	89,822		10,070,843
Exxon Mobil Corp.	1,678,990		113,919,471
#*FMC Technologies, Inc.	43,381		2,936,460
Halliburton Co.	321,871		9,865,346
Helmerich & Payne, Inc.	37,593		1,527,028
Hess Corp.	103,568		6,581,746
Marathon Oil Corp.	251,755		8,093,923
Massey Energy Co.	33,799		1,238,057
Murphy Oil Corp.	67,971		4,088,456
#*Nabors Industries, Ltd.	101,234		2,183,617
National-Oilwell, Inc.	148,811		6,552,148
Noble Energy, Inc.	62,035		4,739,474
Occidental Petroleum Corp.	288,750		25,600,575
Peabody Energy Corp.	95,576		4,465,311
#Pioneer Natural Resources Co.	41,091		2,635,166
Range Resources Corp.	56,594		2,702,929
*Rowan Cos., Inc.	40,481		1,206,334
Schlumberger, Ltd.	425,536		30,391,781
#Smith International, Inc.	88,339		4,219,071
*Southwestern Energy Co.	123,076		4,883,656
Spectra Energy Corp.	230,260		5,374,268
Sunoco, Inc.	41,587		1,363,222
#Tesoro Petroleum Corp.	49,990		657,368
Valero Energy Corp.	200,858		4,175,838
Williams Cos., Inc. (The)	207,541		4,900,043
XTO Energy, Inc.	207,451		9,858,072
Total Energy			426,492,713
Financials — (13.4%)
Aflac, Inc.	166,835		8,501,912
Allstate Corp. (The)	190,817		6,233,991
American Express Co.	425,584		19,627,934
#*American International Group, Inc.	47,981		1,866,461
Ameriprise Financial, Inc.	90,861		4,212,316
AON Corp.	94,897		4,029,327
Assurant, Inc.	41,424		1,509,076
Bank of America Corp.	3,567,598		63,610,272
Bank of New York Mellon Corp. (The)	429,665		13,375,471

4

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
BB&T Corp.	245,621	$	8,164,442
*Berkshire Hathaway, Inc.	588,521		45,316,117
Capital One Financial Corp.	161,913		7,028,643
#*CB Richard Ellis Group, Inc.	96,134		1,665,041
Charles Schwab Corp. (The)	347,663		6,706,419
Chubb Corp.	116,849		6,177,807
Cincinnati Financial Corp.	57,939		1,645,468
*Citigroup, Inc.	6,987,623		30,535,912
CME Group, Inc.	23,698		7,782,660
Comerica, Inc.	61,888		2,599,296
Discover Financial Services	193,319		2,988,712
*E*TRADE Financial Corp.	566,128		951,095
#Federated Investors, Inc.	31,491		759,563
Fifth Third Bancorp	282,744		4,215,713
*First Horizon National Corp.	80,096		1,133,358
Franklin Resources, Inc.	52,753		6,100,357
*Genworth Financial, Inc.	173,925		2,873,241
Goldman Sachs Group, Inc. (The)	187,146		27,173,599
Hartford Financial Services Group, Inc.	157,804		4,508,460
Hudson City Bancorp, Inc.	168,509		2,241,170
Huntington Bancshares, Inc.	254,762		1,724,739
*IntercontinentalExchange, Inc.	26,174		3,052,674
Invesco, Ltd.	152,483		3,505,584
#Janus Capital Group, Inc.	65,316		919,649
JPMorgan Chase & Co.	1,412,890		60,160,856
KeyCorp	312,286		2,816,820
Legg Mason, Inc.	57,817		1,832,221
*Leucadia National Corp.	67,484		1,708,020
Lincoln National Corp.	107,490		3,288,119
Loews Corp.	126,190		4,699,316
#M&T Bank Corp.	29,543		2,580,581
Marsh & McLennan Cos., Inc.	189,259		4,583,853
Marshall & Ilsley Corp.	187,298		1,704,412
MetLife, Inc.	291,297		13,277,317
#Moody’s Corp.	69,923		1,728,497
Morgan Stanley	497,193		15,025,172
*NASDAQ OMX Group, Inc. (The)	52,632		1,105,272
Northern Trust Corp.	85,946		4,725,311
NYSE Euronext, Inc.	92,818		3,028,651
#People’s United Financial, Inc.	132,040		2,050,581
#Plum Creek Timber Co., Inc.	57,898		2,304,340
PNC Financial Services Group, Inc.	183,847		12,356,357
#Principal Financial Group, Inc.	113,608		3,319,626
Progressive Corp.	238,822		4,797,934
Prudential Financial, Inc.	165,365		10,510,599
Regions Financial Corp.	424,133		3,749,336
*SLM Corp.	172,445		2,110,727
State Street Corp.	176,169		7,663,351
#SunTrust Banks, Inc.	177,580		5,256,368
T Rowe Price Group, Inc.	92,104		5,296,901
#Torchmark Corp.	29,459		1,577,235
Travelers Cos., Inc. (The)	182,639		9,267,103
#U.S. Bancorp	680,438		18,215,325
Unum Group	118,200		2,892,354
Wells Fargo & Co.	1,842,383		61,001,301
#*XL Capital, Ltd.	121,658		2,165,512
#Zions Bancorporation	53,484		1,536,595
Total Financials			581,072,442
Health Care — (10.1%)
Abbott Laboratories	552,156		28,248,301

5

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Health Care — (Continued)
Aetna, Inc.	153,274	$	4,529,247
Allergan, Inc.	109,357		6,964,947
AmerisourceBergen Corp.	100,422		3,098,019
*Amgen, Inc.	348,262		19,976,308
Bard (C.R.), Inc.	34,017		2,943,491
Baxter International, Inc.	214,322		10,120,285
Becton Dickinson & Co.	83,819		6,401,257
*Biogen Idec, Inc.	95,874		5,105,290
*Boston Scientific Corp.	537,479		3,697,855
Bristol-Myers Squibb Co.	609,590		15,416,531
Cardinal Health, Inc.	128,543		4,459,157
*CareFusion Corp.	63,056		1,739,084
*Celgene Corp.	163,490		10,128,205
*Cephalon, Inc.	26,646		1,710,673
Cigna Corp.	97,785		3,134,987
*Coventry Health Care, Inc.	52,636		1,249,579
*DaVita, Inc.	36,700		2,291,181
#DENTSPLY International, Inc.	52,337		1,917,628
#Eli Lilly & Co.	360,875		12,619,799
*Express Scripts, Inc.	97,902		9,802,927
*Forest Laboratories, Inc.	107,530		2,931,268
*Genzyme Corp.	94,631		5,038,154
*Gilead Sciences, Inc.	321,263		12,744,503
*Hospira, Inc.	58,268		3,134,236
*Humana, Inc.	60,534		2,767,614
*Intuitive Surgical, Inc.	13,844		4,991,593
Johnson & Johnson	978,652		62,927,324
*King Pharmaceuticals, Inc.	88,362		865,948
#*Laboratory Corp. of America Holdings	37,233		2,925,397
*Life Technologies Corp.	64,304		3,518,072
McKesson Corp.	95,802		6,208,928
*Medco Health Solutions, Inc.	165,030		9,723,568
Medtronic, Inc.	392,839		17,163,136
*Merck & Co., Inc.	1,107,882		38,820,185
*Millipore Corp.	19,923		2,114,826
#*Mylan, Inc.	109,061		2,402,614
#Patterson Cos., Inc.	33,177		1,061,332
PerkinElmer, Inc.	41,811		1,047,366
*Pfizer, Inc.	2,869,997		47,986,350
Quest Diagnostics, Inc.	53,446		3,054,973
*St. Jude Medical, Inc.	115,729		4,724,058
Stryker Corp.	100,503		5,772,892
*Tenet Healthcare Corp.	153,995		962,469
*Thermo Fisher Scientific, Inc.	145,613		8,049,487
*UnitedHealth Group, Inc.	411,646		12,476,990
#*Varian Medical Systems, Inc.	44,072		2,484,779
#*Waters Corp.	33,281		2,395,899
*Watson Pharmaceuticals, Inc.	37,899		1,622,835
*WellPoint, Inc.	157,871		8,493,460
*Zimmer Holdings, Inc.	75,740		4,613,323
Total Health Care			438,578,330
Industrials — (9.5%)
3M Co.	253,108		22,443,086
Avery Dennison Corp.	39,849		1,555,306
#Boeing Co. (The)	269,199		19,498,084
C.H. Robinson Worldwide, Inc.	59,234		3,571,810
#Caterpillar, Inc.	222,165		15,127,215
*Cintas Corp.	46,752		1,273,992
CSX Corp.	138,704		7,774,359
Cummins, Inc.	71,607		5,172,174

6

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Industrials — (Continued)
Danaher Corp.	93,179	$	7,853,126
Deere & Co.	150,785		9,019,959
#Dover Corp.	66,255		3,459,836
Dun & Bradstreet Corp. (The)	18,136		1,395,928
Eaton Corp.	58,820		4,538,551
Emerson Electric Co.	267,586		13,976,017
Equifax, Inc.	44,937		1,509,883
#Expeditors International of Washington, Inc.	75,434		3,073,181
#Fastenal Co.	46,660		2,551,835
FedEx Corp.	111,279		10,016,223
#*First Solar, Inc.	17,276		2,479,970
Flowserve Corp.	19,860		2,275,559
Fluor Corp.	63,585		3,359,831
General Dynamics Corp.	137,172		10,474,454
General Electric Co.	3,794,414		71,562,648
Goodrich Corp.	44,511		3,301,826
Honeywell International, Inc.	271,892		12,906,713
#Illinois Tool Works, Inc.	137,573		7,029,980
#Iron Mountain, Inc.	64,442		1,620,716
ITT Industries, Inc.	65,043		3,614,439
*Jacobs Engineering Group, Inc.	44,303		2,136,291
L-3 Communications Holdings, Inc.	41,105		3,846,195
Lockheed Martin Corp.	112,149		9,520,329
Masco Corp.	127,589		2,070,769
#*Monster Worldwide, Inc.	44,665		778,511
Norfolk Southern Corp.	131,457		7,799,344
Northrop Grumman Corp.	107,672		7,303,392
#Paccar, Inc.	129,516		6,025,084
Pall Corp.	41,736		1,627,287
Parker Hannifin Corp.	57,184		3,955,989
#Pitney Bowes, Inc.	73,773		1,873,834
Precision Castparts Corp.	50,383		6,466,154
*Quanta Services, Inc.	74,700		1,503,711
R. R. Donnelley & Sons Co.	73,070		1,570,274
Raytheon Co.	134,810		7,859,423
Republic Services, Inc.	115,162		3,573,477
#Robert Half International, Inc.	52,849		1,447,006
#Rockwell Automation, Inc.	50,768		3,082,633
Rockwell Collins, Inc.	55,909		3,634,085
Roper Industries, Inc.	33,315		2,032,881
Ryder System, Inc.	18,993		883,554
Southwest Airlines Co.	264,323		3,483,777
*Stericycle, Inc.	30,149		1,775,776
Textron, Inc.	96,949		2,214,315
Union Pacific Corp.	179,691		13,595,421
United Parcel Service, Inc.	353,081		24,412,020
United Technologies Corp.	333,010		24,959,099
#W.W. Grainger, Inc.	21,892		2,419,942
#Waste Management, Inc.	172,467		5,981,156
Total Industrials			410,268,430
Information Technology — (16.6%)
*Adobe Systems, Inc.	186,388		6,260,773
*Advanced Micro Devices, Inc.	200,782		1,819,085
*Agilent Technologies, Inc.	124,051		4,498,089
#*Akamai Technologies, Inc.	61,196		2,376,241
Altera Corp.	105,758		2,682,023
Amphenol Corp.	61,604		2,846,721
Analog Devices, Inc.	105,865		3,168,539
*Apple, Inc.	322,478		84,205,455
Applied Materials, Inc.	477,646		6,581,962

7

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Information Technology — (Continued)
*Autodesk, Inc.	81,692	$	2,778,345
Automatic Data Processing, Inc.	179,529		7,784,377
*BMC Software, Inc.	64,942		2,556,117
Broadcom Corp.	153,334		5,288,490
CA, Inc.	140,548		3,205,900
*Cisco Sytems, Inc.	2,036,166		54,813,589
*Citrix Systems, Inc.	65,371		3,072,437
*Cognizant Technology Solutions Corp.	105,819		5,415,816
*Computer Sciences Corp.	54,627		2,861,909
*Compuware Corp.	80,870		695,482
Corning, Inc.	554,376		10,671,738
*Dell, Inc.	612,333		9,907,548
*eBay, Inc.	401,903		9,569,310
*Electronic Arts, Inc.	116,161		2,250,039
*EMC Corp.	729,998		13,877,262
Fidelity National Information Services, Inc.	117,331		3,084,632
*Fiserv, Inc.	54,167		2,767,392
*FLIR Systems, Inc.	54,365		1,663,025
*Google, Inc.	85,940		45,156,314
Harris Corp.	46,515		2,394,592
Hewlett-Packard Co.	837,170		43,507,725
Intel Corp.	1,964,460		44,848,622
International Business Machines Corp.	461,955		59,592,195
*Intuit, Inc.	111,636		4,036,758
Jabil Circuit, Inc.	68,666		1,051,963
*JDS Uniphase Corp.	79,484		1,032,497
*Juniper Networks, Inc.	186,857		5,308,607
#KLA-Tencor Corp.	61,192		2,084,200
#*Lexmark International, Inc.	27,773		1,028,990
Linear Technology Corp.	79,484		2,389,289
*LSI Corp.	233,480		1,405,550
#MasterCard, Inc. Class A	34,320		8,512,733
*McAfee, Inc.	56,434		1,961,081
*MEMC Electronic Materials, Inc.	80,857		1,048,715
Microchip Technology, Inc.	65,517		1,913,752
*Micron Technology, Inc.	302,515		2,828,515
Microsoft Corp.	2,713,496		82,870,168
Molex, Inc.	48,210		1,080,386
*Motorola, Inc.	822,516		5,815,188
#National Semiconductor Corp.	84,570		1,249,945
*NetApp, Inc.	122,561		4,249,190
*Novell, Inc.	123,857		694,838
*Novellus Systems, Inc.	34,094		893,263
*Nvidia Corp.	197,335		3,102,106
Oracle Corp.	1,390,037		35,918,556
#Paychex, Inc.	114,386		3,500,212
*QLogic Corp.	40,506		784,601
QUALCOMM, Inc.	597,661		23,153,387
*Red Hat, Inc.	67,108		2,004,516
*SAIC, Inc.	108,412		1,887,453
*Salesforce.com, Inc.	39,086		3,345,762
*Sandisk Corp.	81,336		3,244,493
*Symantec Corp.	286,717		4,808,244
Tellabs, Inc.	136,688		1,241,127
*Teradata Corp.	59,287		1,723,473
#*Teradyne, Inc.	63,028		770,832
Texas Instruments, Inc.	441,645		11,487,186
#Total System Services, Inc.	70,138		1,122,909
*VeriSign, Inc.	65,237		1,779,013
Visa, Inc.	158,746		14,323,652
*Western Digital Corp.	81,309		3,340,987

8

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares	Value†
Information Technology — (Continued)
Western Union Co. (The)	242,809	$	4,431,264
#Xerox Corp.	480,780		5,240,502
#Xilinx, Inc.	98,381		2,536,262
*Yahoo!, Inc.	423,254		6,996,389
Total Information Technology			720,400,298
Materials — (3.0%)
Air Products & Chemicals, Inc.	75,445		5,792,667
Airgas, Inc.	29,419		1,866,636
AK Steel Holding Corp.	39,070		654,422
Alcoa, Inc.	362,834		4,876,489
#Allegheny Technologies, Inc.	34,921		1,867,226
#Ball Corp.	33,457		1,780,247
Bemis Co., Inc.	38,765		1,178,844
CF Industries Holdings, Inc.	24,654		2,062,800
Cliffs Natural Resources, Inc.	48,087		3,006,880
Dow Chemical Co. (The)	409,072		12,611,690
E.I. du Pont de Nemours & Co.	321,425		12,805,572
Eastman Chemical Co.	25,855		1,730,217
#Ecolab, Inc.	84,020		4,103,537
FMC Corp.	25,788		1,641,148
Freeport-McMoRan Copper & Gold, Inc. Class B	153,119		11,565,078
#International Flavors & Fragrances, Inc.	28,108		1,407,930
International Paper Co.	154,018		4,118,441
MeadWestavco Corp.	60,909		1,654,898
Monsanto Co.	194,054		12,237,045
Newmont Mining Corp.	174,606		9,791,904
Nucor Corp.	111,990		5,075,387
*Owens-Illinois, Inc.	59,956		2,124,841
*Pactiv Corp.	47,061		1,195,820
PPG Industries, Inc.	58,981		4,150,493
Praxair, Inc.	108,934		9,125,401
Sealed Air Corp.	56,521		1,215,201
#Sigma-Aldrich Corp.	43,305		2,567,986
#*Titanium Metals Corp.	30,025		462,985
#United States Steel Corp.	50,985		2,786,840
#Vulcan Materials Co.	44,926		2,573,361
#Weyerhaeuser Co.	75,163		3,722,072
Total Materials			131,754,058
Real Estate Investment Trusts — (1.1%)
#Apartment Investment & Management Co. Class A	41,657		933,533
#AvalonBay Communities, Inc.	28,998		3,016,952
#Boston Properties, Inc.	49,419		3,897,182
#Equity Residential	100,244		4,538,046
HCP, Inc.	104,496		3,356,412
#Health Care REIT, Inc.	43,985		1,976,246
Host Marriott Corp.	232,287		3,776,987
#Kimco Realty Corp.	144,220		2,248,390
#ProLogis	168,637		2,220,949
Public Storage	48,249		4,675,811
#Simon Property Group, Inc.	103,125		9,180,187
#Ventas, Inc.	55,727		2,631,986
#Vornado Realty Trust	56,065		4,674,139
Total Real Estate Investment Trusts			47,126,820
Telecommunication Services — (2.4%)
*American Tower Corp.	143,198		5,843,910
AT&T, Inc.	2,098,903		54,697,412
CenturyTel, Inc.	106,534		3,633,875

9

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†
Telecommunication Services — (Continued)
#Frontier Communications Corp.		111,070	$	884,117
*MetroPCS Communications, Inc.		92,819		708,209
Qwest Communications International, Inc.		529,157		2,767,491
#*Sprint Nextel Corp.		1,058,817		4,499,972
Verizon Communications, Inc.		1,008,453		29,134,207
Windstream Corp.		162,486		1,795,470
Total Telecommunication Services				103,964,663
Utilities — (3.1%)
*AES Corp.		237,723		2,743,323
Allegheny Energy, Inc.		60,302		1,313,378
#Ameren Corp.		84,253		2,187,208
American Electric Power Co., Inc.		170,006		5,831,206
CenterPoint Energy, Inc.		139,658		2,005,489
#CMS Energy Corp.		81,712		1,328,637
Consolidated Edison, Inc.		100,054		4,522,441
Constellation Energy Group, Inc.		71,512		2,527,949
Dominion Resources, Inc.		213,412		8,920,622
DTE Energy Co.		58,651		2,825,219
Duke Energy Corp.		465,623		7,813,154
Edison International, Inc.		115,864		3,982,246
Entergy Corp.		67,283		5,469,435
EQT Corp.		51,151		2,224,557
Exelon Corp.		234,674		10,229,440
FirstEnergy Corp.		108,405		4,105,297
FPL Group, Inc.		146,995		7,651,090
#Integrys Energy Group, Inc.		27,211		1,349,938
#Nicor, Inc.		16,083		699,771
NiSource, Inc.		98,434		1,604,474
Northeast Utilities, Inc.		62,398		1,734,040
*NRG Energy, Inc.		93,136		2,251,097
Oneok, Inc.		37,514		1,843,438
Pepco Holdings, Inc.		79,074		1,323,699
PG&E Corp.		132,054		5,783,965
Pinnacle West Capital Corp.		38,210		1,426,761
PPL Corp.		134,094		3,320,167
#Progress Energy, Inc.		101,216		4,040,543
Public Service Enterprise Group, Inc.		179,928		5,781,087
Questar Corp.		62,106		2,977,983
SCANA Corp.		39,648		1,564,907
Sempra Energy		87,838		4,319,873
#Southern Co.		291,744		10,082,673
TECO Energy, Inc.		76,020		1,287,019
Wisconsin Energy Corp.		41,571		2,182,893
Xcel Energy, Inc.		162,393		3,532,048
Total Utilities				132,787,067
TOTAL COMMON STOCKS				3,811,993,078
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $35,255,000 FHLMC 5.00%, 10/15/20, valued at $36,268,581) to be repurchased at $35,730,566	$	35,730		35,730,000

10

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares/ Face Amount	Value†
	(000)
SECURITIES LENDING COLLATERAL — (11.2%)
§@DFA Short Term Investment Fund	459,320,798	$   459,320,798
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $21,128,727 FHLMC 5.765%(r), 11/01/36 & 5.934%(r), 01/01/38, valued at $15,735,279) to be repurchased at $15,277,195	$15,277	15,276,969
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $25,124,474 FNMA 6.000%, 04/01/36 & 7.000%, 11/01/37, valued at $10,176,738) to be repurchased at $9,879,737	9,880	9,879,572
TOTAL SECURITIES LENDING COLLATERAL		484,477,339
TOTAL INVESTMENTS — (100.0%) (Cost $3,473,410,694)		$4,332,200,417

11

THE U.S. LARGE CAP VALUE SERIES

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value†
COMMON STOCKS — (91.7%)
Consumer Discretionary — (16.7%)
#*AutoNation, Inc.	520,845	$	10,521,069
Carnival Corp.	2,788,461		116,278,824
CBS Corp.	4,758		77,175
#CBS Corp. Class B	3,870,469		62,740,302
#*Clear Channel Outdoor Holdings, Inc.	94,100		1,089,678
Comcast Corp. Class A	11,512,642		227,259,553
#Comcast Corp. Special Class A	3,751,193		70,709,988
#*Discovery Communications, Inc. (25470F104)	620,976		24,031,771
*Discovery Communications, Inc. (25470F302)	579,219		19,328,538
#DR Horton, Inc.	462,325		6,791,554
Foot Locker, Inc.	71,465		1,096,988
#Fortune Brands, Inc.	702,456		36,822,743
#*GameStop Corp. Class A	187,400		4,555,694
#J.C. Penney Co., Inc.	815,260		23,781,134
#Lennar Corp. Class A	672,237		13,377,516
*Liberty Media Corp. Interactive Class A	3,585,265		55,105,523
*Liberty Media-Starz Corp. Series A	295,430		16,363,868
#*Live Nation Entertainment, Inc.	108,704		1,705,566
#Macy’s, Inc.	1,912,303		44,365,430
#*MGM Mirage	1,809,588		28,754,353
#*Mohawk Industries, Inc.	392,417		25,012,660
News Corp. Class A	8,257,941		127,337,450
#News Corp. Class B	2,711,072		48,229,971
*Pulte Group, Inc.	470,248		6,155,546
#*Royal Caribbean Cruises, Ltd.	901,600		32,313,344
#*Sears Holdings Corp.	595,638		72,042,416
#Time Warner Cable, Inc.	1,980,956		111,428,775
Time Warner, Inc.	6,225,984		205,955,551
#*Toll Brothers, Inc.	904,000		20,403,280
Walt Disney Co. (The)	4,577,802		168,646,226
Washington Post Co.	24,866		12,611,041
Wendy’s/Arby’s Group, Inc.	924,537		4,909,291
#Whirlpool Corp.	239,096		26,030,382
#Wyndham Worldwide Corp.	673,297		18,051,093
Total Consumer Discretionary			1,643,884,293
Consumer Staples — (6.3%)
Archer-Daniels-Midland Co.	2,639,369		73,743,970
#Bunge, Ltd.	304,332		16,114,379
*Central European Distribution Corp.	36,400		1,261,260
*Constellation Brands, Inc. Class A	855,902		15,637,330
#Corn Products International, Inc.	428,526		15,426,936
CVS Caremark Corp.	5,818,740		214,886,068
Del Monte Foods Co.	180,561		2,697,581
J.M. Smucker Co.	527,641		32,223,036
#Kraft Foods, Inc.	3,952,916		117,006,314
Molson Coors Brewing Co.	757,690		33,611,128
*Ralcorp Holdings, Inc.	80,012		5,324,799
Safeway, Inc.	1,299,574		30,669,946
#*Smithfield Foods, Inc.	288,215		5,401,149
#SUPERVALU, Inc.	1,327,679		19,782,417
Tyson Foods, Inc. Class A	1,926,959		37,749,127
Total Consumer Staples			621,535,440
Energy — (13.2%)
Anadarko Petroleum Corp.	2,760,568		171,596,907
*Baker Hughes, Inc.	227,319		11,311,380
Chesapeake Energy Corp.	3,039,817		72,347,645

12

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†
Energy — (Continued)
Chevron Corp.	855,223		$	69,649,361
#Cimarex Energy Co.	368,647			25,097,488
ConocoPhillips	5,928,100			350,884,239
Helmerich & Payne, Inc.	488,887			19,858,590
Hess Corp.	1,215,222			77,227,358
Marathon Oil Corp.	3,398,346			109,256,824
Murphy Oil Corp.	126,690			7,620,403
#*Nabors Industries, Ltd.	1,170,876			25,255,795
National-Oilwell, Inc.	1,895,755	��		83,470,093
#Noble Energy, Inc.	499,005			38,123,982
#Patterson-UTI Energy, Inc.	687,685			10,514,704
#Pioneer Natural Resources Co.	650,933			41,744,333
#*Plains Exploration & Production Co.	576,596			16,900,029
*Pride International, Inc.	750,096			22,750,412
#*Rowan Cos., Inc.	465,666			13,876,847
#Smith International, Inc.	687,354			32,828,027
#Sunoco, Inc.	422,307			13,843,223
#Tesoro Petroleum Corp.	321,700			4,230,355
Tidewater, Inc.	273,715			14,673,861
Valero Energy Corp.	2,351,518			48,888,059
*Whiting Petroleum Corp.	212,514			19,196,390
Total Energy				1,301,146,305
Financials — (23.7%)
*Allegheny Corp.	37,580			11,167,273
Allied World Assurance Co. Holdings, Ltd.	151,739			6,611,268
Allstate Corp. (The)	2,668,014			87,164,017
American Financial Group, Inc.	689,393			20,288,836
#American National Insurance Co.	92,588			10,199,494
*Arch Capital Group, Ltd.	76,175			5,757,306
Aspen Insurance Holdings, Ltd.	203,151			5,481,014
Assurant, Inc.	381,139			13,884,894
Axis Capital Holdings, Ltd.	588,936			18,357,135
Bank of America Corp.	18,616,251			331,927,755
Capital One Financial Corp.	2,264,568			98,304,897
Chubb Corp.	1,484,925			78,507,985
#Cincinnati Financial Corp.	990,152			28,120,317
*CIT Group, Inc.	39,555			1,605,933
*Citigroup, Inc.	28,943,302			126,482,230
CME Group, Inc.	276,766			90,892,722
#*CNA Financial Corp.	1,676,585			47,145,570
#Comerica, Inc.	102,051			4,286,142
Discover Financial Services	1,682,368			26,009,409
#Endurance Specialty Holdings, Ltd.	12,831			472,822
#Everest Re Group, Ltd.	199,791			15,313,980
Fidelity National Financial, Inc.	945,859			14,358,140
#Fifth Third Bancorp	2,707,541			40,369,436
First American Corp.	543,016			18,772,063
#*Genworth Financial, Inc.	2,135,243			35,274,214
Hanover Insurance Group, Inc.	304,654			13,724,663
Hartford Financial Services Group, Inc.	1,690,968			48,310,956
HCC Insurance Holdings, Inc.	473,689			12,879,604
JPMorgan Chase & Co.	2,944,498			125,376,725
KeyCorp	2,906,447			26,216,152
Legg Mason, Inc.	708,866			22,463,964
Lincoln National Corp.	1,462,460			44,736,651
Loews Corp.	2,592,160			96,532,038
#Marshall & Ilsley Corp.	642,918			5,850,554
MetLife, Inc.	4,631,345			211,096,705
*NASDAQ OMX Group, Inc. (The)	370,822			7,787,262
NYSE Euronext, Inc.	1,058,346			34,533,830

13

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
#Old Republic International Corp.	1,432,884	$	21,507,589
PartnerRe, Ltd.	42,900		3,328,182
People’s United Financial, Inc.	2,984		46,341
Prudential Financial, Inc.	1,954,433		124,223,761
Regions Financial Corp.	4,704,696		41,589,513
Reinsurance Group of America, Inc.	509,512		26,306,105
RenaissanceRe Holdings, Ltd.	3,924		219,548
#SunTrust Banks, Inc.	2,063,720		61,086,112
Transatlantic Holdings, Inc.	308,709		15,352,099
Travelers Cos., Inc. (The)	3,328,076		168,866,576
Unum Group	1,898,589		46,458,473
Validus Holdings, Ltd.	296,926		7,592,398
#Wesco Financial Corp.	19,805		7,507,085
White Mountains Insurance Group, Ltd.	30,224		10,384,966
#WR Berkley Corp.	66,774		1,802,898
*XL Capital, Ltd.	194,167		3,456,173
Zions Bancorporation	445,485		12,798,784
Total Financials			2,338,790,559
Health Care — (5.6%)
Aetna, Inc.	1,768,869		52,270,079
#*Boston Scientific Corp.	4,237,207		29,151,984
*CareFusion Corp.	213,810		5,896,880
#*Community Health Systems, Inc.	370,974		15,157,998
*Coventry Health Care, Inc.	478,557		11,360,943
*Health Net, Inc.	73,886		1,626,970
#*Hologic, Inc.	920,210		16,444,153
*Humana, Inc.	648,419		29,645,717
*Inverness Medical Innovations, Inc.	239,800		9,539,244
#*King Pharmaceuticals, Inc.	1,215,010		11,907,098
*Merck & Co., Inc.	87,152		3,053,806
#Omnicare, Inc.	582,523		16,188,314
PerkinElmer, Inc.	424,381		10,630,744
*Pfizer, Inc.	387,911		6,485,872
Teleflex, Inc.	52,080		3,193,546
*Thermo Fisher Scientific, Inc.	1,696,073		93,758,915
*UnitedHealth Group, Inc.	2,645,609		80,188,409
*Watson Pharmaceuticals, Inc.	353,613		15,141,709
*WellPoint, Inc.	2,580,122		138,810,564
Total Health Care			550,452,945
Industrials — (13.0%)
#*AGCO Corp.	248,663		8,708,178
#*Covanta Holding Corp.	73,962		1,292,856
CSX Corp.	2,287,204		128,197,784
Eaton Corp.	395,650		30,528,354
FedEx Corp.	563,693		50,738,007
General Electric Co.	18,948,832		357,374,971
#*Hertz Global Holdings, Inc.	916,687		13,255,294
#Ingersoll-Rand P.L.C.	635,764		23,510,553
#*Kansas City Southern.	228,073		9,248,360
KBR, Inc.	30,162		665,977
L-3 Communications Holdings, Inc.	23,585		2,206,848
Masco Corp.	937,149		15,209,928
Norfolk Southern Corp.	2,186,220		129,708,433
#Northrop Grumman Corp.	1,926,678		130,686,569
*Owens Corning	54,270		1,887,511
Pentair, Inc.	341,927		12,364,080
R. R. Donnelley & Sons Co.	705,088		15,152,341
Republic Services, Inc.	695,894		21,593,591
#Ryder System, Inc.	319,005		14,840,113

14

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares	Value†
Industrials — (Continued)
Southwest Airlines Co.	4,297,932	$	56,646,744
#SPX Corp.	69,937		4,887,198
*Terex Corp.	111,500		2,956,980
Timken Co.	217,642		7,656,646
Tyco International, Ltd.	336,967		13,070,950
Union Pacific Corp.	2,835,808		214,557,233
*URS Corp.	356,821		18,322,758
Total Industrials			1,285,268,257
Information Technology — (3.5%)
Activision Blizzard, Inc.	1,862,769		20,639,480
#*AOL, Inc.	555,835		12,984,306
*Arrow Electronics, Inc.	532,232		16,233,076
*Avnet, Inc.	860,267		27,502,736
AVX Corp.	179,574		2,774,418
*Computer Sciences Corp.	946,932		49,609,767
Fidelity National Information Services, Inc.	135,015		3,549,544
*IAC/InterActiveCorp	815,025		18,272,860
*Ingram Micro, Inc.	969,555		17,607,119
*MEMC Electronic Materials, Inc.	90,051		1,167,961
#*Micron Technology, Inc.	3,863,757		36,126,128
#*Sandisk Corp.	606,339		24,186,863
*Tech Data Corp.	196		8,408
Tellabs, Inc.	1,931,218		17,535,459
Tyco Electronics, Ltd.	1,547,828		49,716,235
#Xerox Corp.	4,141,401		45,141,271
Total Information Technology			343,055,631
Materials — (4.2%)
Alcoa, Inc.	5,082,514		68,308,988
Ashland, Inc.	259,363		15,447,660
#*Domtar Corp.	126,265		8,944,613
Dow Chemical Co. (The)	3,982,926		122,793,609
Huntsman Corp.	222,502		2,538,748
International Paper Co.	2,281,591		61,009,743
#MeadWestavco Corp.	1,023,001		27,794,937
Reliance Steel & Aluminum Co.	300,700		14,677,167
Steel Dynamics, Inc.	265,818		4,176,001
#United States Steel Corp.	567,570		31,023,376
#Vulcan Materials Co.	129,233		7,402,466
#Weyerhaeuser Co.	1,105,551		54,746,886
Total Materials			418,864,194
Telecommunication Services — (4.6%)
AT&T, Inc.	11,233,286		292,739,433
CenturyTel, Inc.	796,609		27,172,333
#*Sprint Nextel Corp.	11,713,380		49,781,865
#Telephone & Data Systems, Inc.	309,373		10,722,868
Telephone & Data Systems, Inc. Special Shares	251,163		7,605,216
*United States Cellular Corp.	264,225		11,118,588
Verizon Communications, Inc.	1,782,841		51,506,276
Total Telecommunication Services			450,646,579
Utilities — (0.9%)
*AES Corp.	712,304		8,219,988
*Calpine Corp.	1,079,562		14,714,430
*Mirant Corp.	132,736		1,547,702
*NRG Energy, Inc.	494,999		11,964,126
Public Service Enterprise Group, Inc.	1,267,773		40,733,546

15

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares	Value†
Utilities — (Continued)
Questar Corp.	207,166	$	9,933,610
Total Utilities			87,113,402
TOTAL COMMON STOCKS			9,040,757,605

	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $20,140,000 FNMA 6.00%, 10/01/38, valued at $13,730,091) to be repurchased at $13,526,214	$13,526	13,526,000
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.2%)
§@DFA Short Term Investment Fund	768,077,029	768,077,029
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $65,858,702 FNMA 2.688%(r), 03/01/35 & 6.122%(r), 08/01/37, valued at $26,313,027) to be repurchased at $25,547,006	$25,547	25,546,628
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $29,140,000 FNMA 5.000%, 05/01/34 & 6.000%, 08/01/36, valued at $17,138,431) to be repurchased at $16,638,109	16,638	16,637,832
TOTAL SECURITIES LENDING COLLATERAL		810,261,489
TOTAL INVESTMENTS — (100.0%) (Cost $7,449,431,817)		$9,864,545,094

16

THE DFA INTERNATIONAL VALUE SERIES

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value††
COMMON STOCKS — (84.1%)
AUSTRALIA — (5.2%)
Alumina, Ltd.	2,104,308	$	2,971,710
#Alumina, Ltd. Sponsored ADR	172,484		967,635
Amcor, Ltd.	2,298,994		13,912,991
Amcor, Ltd. Sponsored ADR	77,103		1,863,580
*Asciano Group, Ltd.	1,652,988		2,565,294
Australia & New Zealand Banking Group, Ltd.	3,176,183		70,350,159
#Bank of Queensland, Ltd.	183,765		2,129,139
Bendigo Bank, Ltd.	508,992		4,602,751
*BlueScope Steel, Ltd.	4,756,814		11,413,423
Boral, Ltd.	1,228,616		6,641,924
#Caltex Australia, Ltd.	265,507		2,833,647
#Crown, Ltd.	1,179,954		8,896,772
CSR, Ltd.	2,677,178		4,266,846
Downer EDI, Ltd.	547,370		3,499,524
#Fairfax Media, Ltd.	3,339,114		5,269,784
Goodman Fielder, Ltd.	2,376,765		3,190,317
Harvey Norman Holdings, Ltd.	722,542		2,255,848
Incitec Pivot, Ltd.	4,149,776		12,269,031
Insurance Australia Group, Ltd.	2,620,594		9,214,893
Lend Lease Group NL	755,364		5,945,430
#Macquarie Group, Ltd.	410,696		18,727,749
National Australia Bank, Ltd.	2,342,165		59,839,711
OneSteel, Ltd.	1,841,739		5,923,432
Origin Energy, Ltd.	1,191,927		17,926,365
*OZ Minerals, Ltd.	4,190,871		4,411,252
Primary Health Care, Ltd.	339,197		1,270,209
*Qantas Airways, Ltd.	2,850,317		7,380,267
Santos, Ltd.	983,576		12,478,552
Sims Metal Management, Ltd.	100,420		1,887,692
#*Sims Metal Management, Ltd. Sponsored ADR	124,013		2,333,925
Suncorp-Metway, Ltd.	2,664,601		22,021,061
TABCORP Holdings, Ltd.	1,277,891		8,071,092
Tatts Group, Ltd.	1,897,509		4,329,953
Toll Holdings, Ltd.	42,533		277,819
Washington H. Soul Pattinson & Co., Ltd.	113,801		1,498,792
Wesfarmers, Ltd.	2,331,991		62,514,415
TOTAL AUSTRALIA			405,952,984
AUSTRIA — (0.5%)
#Erste Group Bank AG	360,535		16,007,238
#OMV AG	383,710		13,711,044
Voestalpine AG	175,999		6,546,589
TOTAL AUSTRIA			36,264,871
BELGIUM — (0.6%)
Delhaize Group SA	201,237		16,641,597
Delhaize Group SA Sponsored ADR	52,900		4,378,533
*KBC Groep NV	209,898		9,391,227
Solvay SA	55,899		5,338,105
#UCB SA	278,888		10,803,265
TOTAL BELGIUM			46,552,727
CANADA — (8.9%)
Astral Media, Inc. Class A	40,138		1,394,833
#Bank of Montreal	680,265		42,250,363
BCE, Inc.	651,325		19,569,245
Canadian Pacific Railway, Ltd.	427,751		25,215,328
#Canadian Tire Corp. Class A	166,647		9,173,952

17

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
CANADA — (Continued)
Cenovus Energy, Inc.	671,498	$	19,745,664
*CGI Group, Inc.	400,789		5,934,108
Empire Co., Ltd. Class A	65,500		3,416,214
#EnCana Corp.	1,307,643		43,253,401
Ensign Energy Services, Inc.	128,319		1,734,416
Fairfax Financial Holdings, Ltd.	46,500		17,624,040
George Weston, Ltd.	123,800		8,885,861
*Gerdau Ameristeel Corp.	403,761		3,040,728
#Goldcorp, Inc.	353,927		15,299,207
Husky Energy, Inc.	257,420		7,275,574
Industrial Alliance Insurance & Financial Services, Inc.	140,300		4,839,646
Inmet Mining Corp.	87,300		4,531,728
Intact Financial Corp.	128,700		5,574,719
Loblaw Cos., Ltd.	184,013		6,764,172
*Lundin Mining Corp.	373,700		1,762,181
*Magna International, Inc. Class A	243,268		15,997,541
#Manitoba Telecom Services, Inc.	40,500		1,295,777
#Manulife Financial Corp.	2,074,478		37,413,307
#Metro, Inc. Class A	137,300		6,068,882
#National Bank of Canada	135,767		8,299,991
Nexen, Inc.	364,697		8,867,903
Onex Corp.	110,200		3,192,741
*Sino-Forest Corp.	181,392		3,224,985
#Sun Life Financial, Inc.	1,262,400		37,121,370
Suncor Energy, Inc.	1,057,029		36,160,423
Talisman Energy, Inc.	1,688,236		28,735,578
*Teck Resources, Ltd. Class B	1,418,230		55,735,127
Telus Corp.	216,152		7,675,332
#Thomson Reuters Corp.	1,832,184		66,014,899
#Toronto Dominion Bank	944,998		70,237,595
#TransAlta Corp.	238,600		4,909,175
TransCanada Corp.	1,065,371		37,588,991
*Viterra, Inc.	460,598		3,899,530
Yamana Gold, Inc.	1,625,161		17,742,701
TOTAL CANADA			697,467,228
DENMARK — (1.2%)
#A.P. Moller - Maersk A.S.	3,478		29,202,033
#Carlsberg A.S. Series B	277,074		22,393,108
Danisco A.S.	107,780		7,783,151
*Danske Bank A.S.	1,119,258		29,221,312
*Jyske Bank A.S.	111,779		4,514,741
#*Sydbank A.S.	60,841		1,783,154
TOTAL DENMARK			94,897,499
FINLAND — (0.8%)
Fortum Oyj	117,713		3,041,616
#Kesko Oyj	152,447		5,909,732
#Neste Oil Oyj	302,274		4,893,310
Outokumpu Oyj	149,777		3,149,931
#Sampo Oyj	524,829		12,900,273
#Stora Enso Oyj Series R	1,304,065		10,887,536
Stora Enso Oyj Sponsored ADR	91,500		753,960
UPM-Kymmene Oyj	1,160,850		16,659,214
UPM-Kymmene Oyj Sponsored ADR	69,300		991,683
TOTAL FINLAND			59,187,255
FRANCE — (7.0%)
#*Air France-KLM SA	320,673		5,045,119
#AXA SA	2,818,397		56,008,406

18

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
FRANCE — (Continued)
#AXA SA Sponsored ADR	140,900	$	2,699,644
BNP Paribas SA	913,891		62,771,738
Capgemini SA	259,094		13,050,337
#Casino Guichard Perrachon SA	93,798		8,279,859
*Cie Generale de Geophysique-Veritas SA Sponsored ADR	18,604		559,236
#Ciments Francais SA	26,702		2,697,179
#CNP Assurances SA	72,302		6,086,160
#Compagnie de Saint-Gobain SA	846,142		41,770,221
Compagnie Generale des Establissements Michelin SA Series B	218,195		15,807,031
Credit Agricole SA	1,845,722		26,384,689
European Aeronautic Defence & Space Co. SA	968,650		17,990,743
France Telecom SA	410,711		8,991,156
#GDF Suez SA	475,415		16,907,421
*Groupe Eurotunnel SA	429,121		3,918,570
Lafarge SA	467,217		33,874,309
#Lagardere SCA	238,722		9,628,370
*Natixis SA	1,090,903		5,578,967
#*Peugeot SA	325,797		9,622,237
PPR SA	161,317		21,680,968
#*Renault SA	500,084		23,168,934
*Rexel SA	70,707		1,199,264
Safran SA	312,438		7,938,383
Schneider Electric SA	1,725		195,837
#SCOR SE	193,766		4,570,710
Societe Generale Paris SA	996,332		53,203,436
STMicroelectronics NV	1,542,301		14,281,251
#Vivendi SA	2,686,677		70,478,172
TOTAL FRANCE			544,388,347
GERMANY — (6.8%)
#Allianz SE	459,625		52,559,795
Allianz SE Sponsored ADR	2,834,240		32,140,282
Bayerische Motoren Werke AG	915,762		45,290,896
#*Commerzbank AG	1,089,462		8,553,617
Daimler AG (5529027)	1,684,003		86,179,238
#Daimler AG (D1668R123)	404,583		20,609,458
Deutsche Bank AG (5750355)	774,190		54,036,753
#Deutsche Bank AG (D18190898)	202,227		13,888,950
Deutsche Lufthansa AG	464,311		7,721,225
#*Deutsche Postbank AG	95,853		3,267,717
#Deutsche Telekom AG	2,621,866		34,493,460
Deutsche Telekom AG Sponsored ADR	2,809,150		33,681,708
#E.ON AG	545,840		20,187,394
Fraport AG	41,329		2,142,909
Generali Deutschland Holding AG	20,937		2,336,621
#*Hannover Rueckversicherung AG	110,141		5,195,805
#Heidelberger Zement AG	185,665		11,456,085
Hochtief AG	8,774		723,195
#Linde AG	113,862		13,604,677
#Munchener Rueckversicherungs-Gesellschaft AG	398,730		56,194,541
Porsche Automobil Holding SE	190,907		11,047,376
*Salzgitter AG	79,216		6,418,354
SCA Hygiene Products SE	3,195		1,499,886
ThyssenKrupp AG	368,208		11,973,095
TOTAL GERMANY			535,203,037
GREECE — (0.2%)
*Agricultural Bank of Greece S.A.	285,278		514,560
*Alpha Bank A.E.	278,473		2,255,454
*EFG Eurobank Ergasias S.A.	385,650		3,100,125
Hellenic Petroleum S.A.	355,700		3,831,869

19

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
GREECE — (Continued)
#National Bank of Greece S.A. ADR	619,230	$	2,018,690
*Piraeus Bank S.A.	174,541		1,314,473
TOTAL GREECE			13,035,171
HONG KONG — (1.9%)
*Cathay Pacific Airways, Ltd.	1,288,000		2,676,410
Cheung Kong Holdings, Ltd.	2,795,000		34,449,768
*Dah Sing Financial Holdings, Ltd.	161,600		917,855
Great Eagle Holdings, Ltd.	471,721		1,320,054
Hang Lung Group, Ltd.	1,013,000		4,948,787
#Henderson Land Development Co., Ltd.	1,995,000		12,511,176
Hong Kong & Shanghai Hotels, Ltd.	1,164,505		1,835,447
Hopewell Holdings, Ltd.	690,669		2,012,941
Hutchison Whampoa, Ltd.	5,568,000		38,213,768
Hysan Development Co., Ltd.	1,029,302		3,013,362
New World Development Co., Ltd.	4,190,974		7,433,574
Pacific Basin Shipping, Ltd.	301,000		227,608
#Sino Land Co., Ltd.	1,789,315		3,211,057
Sun Hung Kai Properties, Ltd.	1,169,827		16,203,753
Wharf Holdings, Ltd.	1,065,990		5,778,723
Wheelock & Co., Ltd.	3,482,000		10,729,071
TOTAL HONG KONG			145,483,354
IRELAND — (0.1%)
#CRH P.L.C. Sponsored ADR	227,160		6,494,504
ITALY — (2.2%)
Banca Monte Dei Paschi di Siena SpA	5,698,737		7,890,320
Banca Popolare di Milano Scarl	982,340		5,524,791
*Banco Popolare Scarl	426,228		2,728,955
*Fiat SpA	310,905		4,080,758
#Fondiaria - SAI SpA	167,605		2,321,691
#*Intesa Sanpaolo SpA	11,201,860		36,920,433
Italcementi SpA	273,413		3,109,109
#Telecom Italia SpA	5,476,933		7,657,304
#Telecom Italia SpA Sponsored ADR	1,874,500		25,961,825
*UniCredit SpA	22,325,370		58,508,215
Unione di Banche Italiane ScpA	1,533,872		18,995,208
#*Unipol Gruppo Finanziario SpA	1,822,774		1,908,920
TOTAL ITALY			175,607,529
JAPAN — (14.9%)
#77 Bank, Ltd. (The)	737,372		4,190,115
#AEON Co., Ltd.	1,886,800		21,603,280
Aisin Seiki Co., Ltd.	282,500		8,584,887
Ajinomoto Co., Inc.	1,285,000		12,069,125
Alfresa Holdings Corp.	50,400		2,529,166
Amada Co., Ltd.	644,000		5,287,325
Aozora Bank, Ltd.	943,000		1,352,054
Asahi Glass Co., Ltd.	119,000		1,406,179
Asahi Kasei Corp.	503,000		2,827,667
#Asatsu-DK, Inc.	32,500		862,308
Awa Bank, Ltd. (The)	65,600		364,255
Bank of Iwate, Ltd. (The)	19,600		1,073,808
Bank of Kyoto, Ltd. (The)	620,400		5,451,100
Bank of Yokohama, Ltd. (The)	978,000		5,085,023
Bridgestone Corp.	1,122,200		18,702,608
Canon Marketing Japan, Inc.	124,900		1,952,518
Casio Computer Co., Ltd.	249,300		1,960,355
Chiba Bank, Ltd. (The)	881,000		5,579,339
#Chudenko Corp.	41,100		510,328

20

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
JAPAN — (Continued)
Chugoku Bank, Ltd. (The)	297,800	$	3,817,697
Chuo Mitsui Trust Holdings, Inc.	455,689		1,738,665
Citizen Holdings Co., Ltd.	377,500		2,621,905
Coca-Cola West Co., Ltd.	109,007		1,928,614
Comsys Holdings Corp.	151,700		1,421,742
Cosmo Oil Co., Ltd.	1,212,364		3,268,109
#Credit Saison Co., Ltd.	298,900		4,371,500
Dai Nippon Printing Co., Ltd.	1,416,000		19,616,953
Daicel Chemical Industries, Ltd.	515,000		3,301,535
#*Daido Steel Co., Ltd.	398,000		1,691,815
#Dainippon Sumitomo Pharma Co., Ltd.	202,900		1,680,253
Daishi Bank, Ltd. (The)	573,932		1,937,709
Daiwa House Industry Co., Ltd.	916,000		9,855,899
Daiwa Securities Group, Inc.	1,202,000		6,217,116
Denso Corp.	156,388		4,563,902
Dentsu, Inc.	8,000		217,746
DIC Corp.	123,000		263,611
*Fuji Heavy Industries, Ltd.	1,318,000		7,376,489
Fuji Television Network, Inc.	761		1,221,767
FUJIFILM Holdings Corp.	1,327,000		45,478,278
Fujikura, Ltd.	624,000		3,333,257
Fukuoka Financial Group, Inc.	1,560,000		6,768,495
#Glory, Ltd.	77,800		1,980,328
Gunma Bank, Ltd. (The)	699,397		3,772,866
#H2O Retailing Corp.	198,000		1,378,394
Hachijuni Bank, Ltd. (The)	993,231		5,571,524
Hakuhodo Dy Holdings, Inc.	31,000		1,761,036
Hankyu Hanshin Holdings, Inc.	294,000		1,369,661
Higo Bank, Ltd. (The)	376,000		2,043,147
Hino Motors, Ltd.	279,000		1,404,496
#Hiroshima Bank, Ltd. (The)	265,000		1,086,335
Hitachi Capital Corp.	47,100		711,159
#Hitachi High-Technologies Corp.	118,800		2,590,210
Hitachi Transport System, Ltd.	111,000		1,605,600
*Hitachi, Ltd.	5,647,000		24,819,272
#*Hitachi, Ltd. Sponsored ADR	144,840		6,354,131
Hokkoku Bank, Ltd. (The)	435,409		1,545,262
*Hokuhoku Financial Group, Inc.	1,505,000		2,992,495
#House Foods Corp.	119,500		1,724,063
Hyakugo Bank, Ltd. (The)	475,028		2,136,669
Hyakujishi Bank, Ltd. (The)	329,000		1,345,005
Idemitsu Kosan Co., Ltd.	51,124		4,234,851
*Inpex Corp.	808		5,685,989
Isetan Mitsukoshi Holdings, Ltd.	736,300		8,503,391
*Isuzu Motors, Ltd.	21,000		66,815
ITOCHU Corp.	866,000		7,502,728
Iyo Bank, Ltd. (The)	285,000		2,652,754
J Front Retailing Co., Ltd.	928,000		5,404,572
#Joyo Bank, Ltd. (The)	1,234,000		5,133,270
JS Group Corp.	561,100		11,004,250
JTEKT Corp.	233,600		2,684,192
Juroku Bank, Ltd.	400,000		1,510,476
*JX Holdings, Inc.	5,279,233		29,449,280
Kagoshima Bank, Ltd. (The)	358,143		2,356,576
#Kajima Corp.	1,481,000		3,763,033
Kamigumi Co., Ltd.	519,000		4,286,926
Kandenko Co., Ltd.	129,000		841,788
Kaneka Corp.	580,542		3,663,749
Kansai Paint Co., Ltd.	64,000		485,115
*Kawasaki Kisen Kaisha, Ltd.	899,087		3,821,131
Keiyo Bank, Ltd. (The)	317,000		1,474,170

21

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
JAPAN — (Continued)
Kewpie Corp.	130,400	$	1,437,447
Kinden Corp.	285,000		2,529,063
Kobe Steel, Ltd.	3,785,000		8,447,758
Kuraray Co., Ltd.	30,500		399,277
Kyocera Corp.	327,900		32,923,249
#Kyocera Corp. Sponsored ADR	13,600		1,336,200
*Kyowa Hakko Kirin Co., Ltd.	478,000		5,015,476
Mabuchi Motor Co., Ltd.	27,100		1,493,693
Marui Group Co., Ltd.	542,642		4,289,737
#Maruichi Steel Tube, Ltd.	48,300		928,119
Mazda Motor Corp.	3,005,000		8,873,976
Medipal Holdings Corp.	255,700		3,187,967
#Meiji Holdings Co., Ltd.	127,495		4,602,684
Mitsubishi Chemical Holdings Corp.	2,534,000		13,524,323
Mitsubishi Gas Chemical Co., Inc.	589,000		3,551,650
Mitsubishi Heavy Industries, Ltd.	7,959,000		32,059,477
Mitsubishi Logistics Corp.	205,000		2,680,305
#*Mitsubishi Materials Corp.	2,316,000		6,941,833
#Mitsubishi Tanabe Pharma Corp.	546,000		7,224,072
#Mitsubishi UFJ Financial Group, Inc. ADR	1,696,633		8,771,593
Mitsui Chemicals, Inc.	1,443,800		4,742,467
Mitsui Mining & Smelting Co., Ltd.	359,000		983,763
Mitsui O.S.K. Lines, Ltd.	546,000		4,081,995
Mitsumi Electric Co., Ltd.	137,400		2,989,796
Mizuho Securities Co., Ltd.	1,006,000		2,786,379
MS&AD Insurance Group Holdings, Inc.	746,653		21,460,717
Nagase & Co., Ltd.	235,889		2,813,833
#Namco Bandai Holdings, Inc.	315,800		3,151,153
#Nanto Bank, Ltd. (The)	270,000		1,440,805
NEC Corp.	5,322,101		17,523,047
#NGK Spark Plug Co., Ltd.	134,000		1,818,305
Nippon Express Co., Ltd.	1,716,238		8,085,736
Nippon Kayaku Co., Ltd.	6,000		52,739
Nippon Meat Packers, Inc.	369,536		4,668,118
Nippon Paper Group, Inc.	192,200		5,397,853
Nippon Sheet Glass Co., Ltd.	1,171,739		3,848,928
Nippon Shokubai Co., Ltd.	234,000		2,115,231
Nippon Television Network Corp.	10,790		1,612,580
Nippon Yusen K.K.	2,813,000		11,564,855
Nishi-Nippon Bank, Ltd.	1,236,569		3,558,692
*Nissan Motor Co., Ltd.	4,257,200		37,042,570
Nisshin Steel Co., Ltd.	1,248,000		2,639,024
Nisshinbo Holdings, Inc.	305,000		3,239,632
*NKSJ Holdings, Inc.	1,060,000		7,695,960
NOK Corp.	162,200		2,757,069
NSK, Ltd.	45,000		343,263
NTN Corp.	636,000		2,792,914
Obayashi Corp.	1,650,682		7,375,517
Ogaki Kyoritsu Bank, Ltd. (The)	334,000		1,093,475
Oji Paper Co., Ltd.	1,769,000		8,333,683
Ono Pharmaceutical Co., Ltd.	92,600		3,830,979
#Onward Holdings Co., Ltd.	278,000		2,299,565
Panasonic Corp. Sponsored ADR	43,005		627,873
Panasonic Electric Works Co., Ltd.	575,000		7,078,873
Rengo Co., Ltd.	281,000		1,614,323
#Ricoh Co., Ltd.	1,541,000		26,177,935
Rohm Co., Ltd.	206,000		15,266,667
San-in Godo Bank, Ltd. (The)	309,900		2,374,713
Sapporo Hokuyo Holdings, Inc.	452,900		2,084,546
SBI Holdings, Inc.	30,567		6,556,067
Seiko Epson Corp.	260,800		4,620,090

22

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
JAPAN — (Continued)
Seino Holdings Co., Ltd.	295,000	$	2,127,210
Sekisui Chemical Co., Ltd.	867,000		5,921,045
Sekisui House, Ltd.	1,224,000		11,667,257
Seven & I Holdings Co., Ltd.	896,800		22,932,156
Sharp Corp.	706,000		9,144,123
#Shiga Bank, Ltd.	332,185		1,982,415
Shimachu Co., Ltd.	70,700		1,470,133
Shimizu Corp.	1,371,000		5,491,994
#Shinsei Bank, Ltd.	1,542,000		2,001,264
Shizuoka Bank, Ltd.	738,000		6,192,465
Showa Denko K.K.	1,456,000		3,309,433
*Showa Shell Sekiyu K.K.	282,300		1,914,388
SKY Perfect JSAT Holdings, Inc.	3,029		1,217,581
Sohgo Security Services Co., Ltd.	101,300		1,129,739
Sojitz Corp.	2,155,700		3,887,536
Sony Corp.	652,500		22,340,946
Sony Corp. Sponsored ADR	1,725,386		59,042,709
Sumitomo Bakelite Co., Ltd.	347,000		1,911,993
Sumitomo Chemical Co., Ltd.	1,982,000		9,365,599
Sumitomo Corp.	2,891,700		34,821,584
Sumitomo Electric Industries, Ltd.	1,926,800		23,711,110
Sumitomo Forestry Co., Ltd.	158,000		1,332,264
Sumitomo Heavy Industries, Ltd.	384,000		2,524,405
Sumitomo Rubber Industries, Ltd.	230,300		2,058,573
Sumitomo Trust & Banking Co., Ltd.	2,806,000		16,969,418
Suzuken Co., Ltd.	126,100		4,822,344
*Taiheiyo Cement Corp.	1,638,800		2,317,477
Taisei Corp.	2,041,703		4,651,643
Taisho Pharmaceutical Co., Ltd.	219,000		3,983,164
#Takashimaya Co., Ltd.	492,634		4,670,457
#*Takata Corp.	36,900		925,282
TDK Corp.	188,500		12,064,132
Teijin, Ltd.	1,876,862		5,988,901
Toda Corp.	385,000		1,394,054
Tokai Rika Co., Ltd.	34,200		733,857
Tokuyama Corp.	486,000		2,721,785
Tokyo Broadcasting System, Inc.	64,600		1,117,011
#Tokyo Steel Manufacturing Co., Ltd.	194,300		2,603,732
*Tokyo Tatemono Co., Ltd.	568,000		2,619,327
Tokyu Land Corp.	38,000		162,427
Toppan Printing Co., Ltd.	1,260,000		11,490,383
#Tosoh Corp.	1,044,000		2,939,252
TOTO, Ltd.	17,000		114,444
#Toyo Seikan Kaisha, Ltd.	346,349		5,959,109
#Toyobo Co., Ltd.	743,000		1,241,733
Toyota Auto Body Co., Ltd.	105,100		1,689,266
#*Toyota Motor Corp. Sponsored ADR	72,730		5,606,756
Toyota Tsusho Corp.	454,500		6,778,407
TV Asahi Corp.	755		1,232,481
UNY Co., Ltd.	339,550		3,080,104
#Wacoal Corp.	116,000		1,480,301
Yamaguchi Financial Group, Inc.	414,148		4,146,917
Yamaha Corp.	297,100		3,633,823
*Yamaha Motor Co., Ltd.	27,300		402,755
Yamato Holdings Co., Ltd.	124,400		1,777,638
#Yamazaki Baking Co., Ltd.	152,000		1,941,183
#*Yokogawa Electric Corp.	69,000		589,737
Yokohama Rubber Co., Ltd.	437,000		2,041,118
TOTAL JAPAN			1,166,949,175

23

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
MALAYSIA — (0.0%)
*Rekapacific Berhad	691,000	$	—
NETHERLANDS — (3.7%)
*Aegon NV	3,202,429		22,397,817
#*Akzo Nobel NV	70,259		4,154,739
#ArcelorMittal NV	2,446,831		95,219,011
*ING Groep NV	3,093,625		27,305,359
*ING Groep NV Sponsored ADR	999,504		8,865,600
Koninklijke Ahold NV	1,076,007		14,754,343
Koninklijke DSM NV	443,200		19,796,362
Koninklijke Philips Electronics NV	2,870,499		96,388,982
Philips Electronics NV ADR	137,395		4,580,749
TOTAL NETHERLANDS			293,462,962
NEW ZEALAND — (0.1%)
Contact Energy, Ltd.	960,736		4,348,832
Fletcher Building, Ltd.	685,164		4,158,292
TOTAL NEW ZEALAND			8,507,124
NORWAY — (1.0%)
#*DnB NOR ASA Series A	2,258,695		26,731,923
#*Marine Harvest ASA	5,002,000		4,641,297
#*Norsk Hydro ASA	2,002,345		15,376,141
#*Norsk Hydro ASA Sponsored ADR	59,900		459,433
#Orkla ASA	2,700,350		22,647,998
#*Storebrand ASA	713,900		5,369,257
TOTAL NORWAY			75,226,049
PORTUGAL — (0.1%)
#Banco BPI SA	275,646		619,538
#Banco Comercial Portugues SA	3,941,284		3,701,680
#*Banco Espirito Santo SA	747,704		3,579,350
Cimpor Cimentos de Portugal SA	129,009		935,659
TOTAL PORTUGAL			8,836,227
SINGAPORE — (1.4%)
CapitaLand, Ltd.	3,729,000		10,072,865
City Developments, Ltd.	509,000		3,910,419
DBS Group Holdings, Ltd.	3,126,750		34,428,620
Fraser & Neave, Ltd.	2,351,450		8,355,490
*Golden Agri-Resources, Ltd.	13,635,000		5,759,747
Neptune Orient Lines, Ltd.	1,457,000		2,285,459
#Overseas-Chinese Banking Corp., Ltd.	2,262,777		14,370,678
Singapore Airlines, Ltd.	1,568,600		17,221,214
Singapore Airport Terminal Services, Ltd.	726,078		1,477,947
Singapore Land, Ltd.	532,000		2,605,581
United Industrial Corp., Ltd.	1,391,000		2,104,866
United Overseas Bank, Ltd.	333,000		4,871,765
UOL Group, Ltd.	1,376,600		3,821,126
Venture Corp., Ltd.	48,000		343,382
Wheelock Properties, Ltd.	476,000		669,668
TOTAL SINGAPORE			112,298,827
SPAIN — (3.0%)
#Acciona SA	93,126		9,230,718
#Acerinox SA	95,971		1,910,572
#Banco de Sabadell SA	3,378,296		17,141,100
#Banco Espanol de Credito SA	400,117		4,099,802
#Banco Popular Espanol SA	2,693,529		19,071,718
#Banco Santander SA	3,335,415		42,411,010

24

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
SPAIN — (Continued)
#Banco Santander SA Sponsored ADR	3,712,454	$	45,811,682
#*Cia Espanola de Petroleos SA	15,060		426,101
Criteria Caixacorp SA	2,266,101		11,301,206
#Fomento de Construcciones y Contratas SA	41,871		1,370,174
#Gas Natural SDG SA	763,596		13,036,732
Iberdrola Renovables SA	1,757,347		6,812,929
#Mapfre SA	235,202		769,848
Repsol YPF SA	1,204,043		28,270,650
#Repsol YPF SA Sponsored ADR	1,432,181		33,584,644
#*Sacyr Vallehermoso SA	335,900		2,562,858
TOTAL SPAIN			237,811,744
SWEDEN — (2.7%)
#Boliden AB	91,703		1,261,694
Holmen AB Series A	6,300		166,484
Nordea Bank AB	6,583,962		64,234,663
*Skandinaviska Enskilda Banken AB Series A	2,552,148		17,397,342
*Skandinaviska Enskilda Banken AB Series C	9,800		67,662
SSAB AB Series A	507,586		8,887,877
SSAB AB Series B	233,785		3,632,826
#Svenska Cellulosa AB	57,000		727,856
#Svenska Cellulosa AB Series B	1,586,671		20,674,187
#Svenska Handelsbanken AB Series A	678,329		19,021,336
*Swedbank AB Series A	922,127		9,928,527
Tele2 AB Series B	738,141		12,474,484
#Telefonaktiebolaget LM Ericsson AB Sponsored ADR	706,832		8,128,568
TeliaSonera AB	3,425,168		23,476,721
#Volvo AB Series A	705,038		8,561,397
#Volvo AB Series B	899,796		11,163,253
TOTAL SWEDEN			209,804,877
SWITZERLAND — (6.1%)
#Adecco SA	351,751		20,689,259
#Baloise Holding AG	200,163		15,761,142
Banque Cantonale Vaudoise AG	7,063		3,106,050
Compagnie Financiere Richemont SA Series A	1,205,682		44,470,307
#Credit Suisse Group AG	1,671,311		76,709,453
#Credit Suisse Group AG Sponsored ADR	840,377		38,405,229
Givaudan SA	15,362		13,367,647
#*Holcim, Ltd. AG	739,477		55,104,807
#*Novartis AG ADR	276,392		14,054,533
#PSP Swiss Property AG	95,780		5,700,447
St. Galler Kantonalbank AG	5,534		2,453,274
#Swatch Group AG	34,658		10,153,534
Swiss Life Holding AG	123,557		15,019,057
*Swiss Reinsurance Co., Ltd. AG	931,611		40,402,531
*UBS AG	3,481,616		53,937,826
Zurich Financial Services AG	322,634		71,526,291
TOTAL SWITZERLAND			480,861,387
UNITED KINGDOM — (15.7%)
*Anglo American P.L.C.	1,196,479		50,821,561
Associated British Foods P.L.C.	1,626,798		24,992,073
Aviva P.L.C.	7,396,866		39,102,707
#Barclays P.L.C. Sponsored ADR	2,451,654		50,062,775
#*British Airways P.L.C.	3,372,757		11,693,708
Carnival P.L.C.	658,867		28,541,783
#Carnival P.L.C. ADR	241,674		10,416,149
*easyJet P.L.C.	687,918		4,943,813
#HSBC Holdings P.L.C. Sponsored ADR	2,052,635		104,458,595

25

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares	Value††
UNITED KINGDOM — (Continued)
International Power P.L.C.	6,483,180	$32,815,963
Investec P.L.C.	672,931	5,322,278
*Kazakhmys P.L.C.	729,615	15,457,470
Kingfisher P.L.C.	10,285,817	39,200,367
Legal & General Group P.L.C.	15,758,133	20,490,935
#*Lloyds Banking Group P.L.C. Sponsored ADR	2,857,128	11,628,511
Mondi P.L.C.	1,450,865	9,793,636
*Old Mutual P.L.C.	9,616,350	16,971,702
Pearson P.L.C.	820,157	13,106,954
#Pearson P.L.C. Sponsored ADR	1,845,066	29,465,704
*Resolution, Ltd. P.L.C.	2,700,812	3,007,764
Rexam P.L.C.	4,277,874	21,093,785
*Rolls-Royce Group P.L.C. (3283648)	374,434	3,299,324
*Rolls-Royce Group P.L.C. (B61JG65)	66,344,400	101,511
*Royal Bank of Scotland Group P.L.C.	15,142,602	12,391,286
#*Royal Bank of Scotland Group P.L.C. Sponsored ADR	108,519	1,774,286
#Royal Dutch Shell P.L.C. ADR	2,647,536	160,652,484
RSA Insurance Group P.L.C.	13,251,463	24,526,883
SABmiller P.L.C.	1,174,082	36,807,691
Sainsbury (J.) P.L.C.	5,529,939	28,498,727
Thomas Cook Group P.L.C.	1,959,918	7,434,961
Tomkins P.L.C. Sponsored ADR	330,800	5,051,316
Vodafone Group P.L.C.	34,976,333	77,460,069
#Vodafone Group P.L.C. Sponsored ADR	8,066,329	179,072,504
Whitbread P.L.C.	366,533	8,565,597
William Morrison Supermarkets P.L.C.	8,127,143	35,956,363
*Wolseley P.L.C.	889,796	22,222,645
WPP P.L.C.	1,259,793	13,356,795
#WPP P.L.C. Sponsored ADR	24,445	1,291,429
*Xstrata P.L.C.	3,843,909	63,258,372
TOTAL UNITED KINGDOM		1,225,110,476
TOTAL COMMON STOCKS		6,579,403,354
RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
*Henderson Land Development Co., Ltd. Warrants	399,000	—

	Face Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $13,950,000 FHLMC 5.00%, 10/15/19, valued at $14,943,938) to be repurchased at $14,719,233	$14,719	14,719,000
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (15.7%)
§@DFA Short Term Investment Fund	1,208,413,835	1,208,413,835
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $2,782,890) to be repurchased at $2,747,345	$2,747	2,747,304

26

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares/ Face Amount		Value†
	(000)
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $17,016,808) to be repurchased at $16,683,409	$	16,683	$	16,683,145
TOTAL SECURITIES LENDING COLLATERAL				1,227,844,284
TOTAL INVESTMENTS — (100.0%) (Cost $6,340,635,125)			$	7,821,966,638

27

THE EMERGING MARKETS SERIES

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value††
COMMON STOCKS — (82.7%)
ARGENTINA — (0.1%)
#Petrobras Energia Participaciones SA ADR	106,144	$	1,721,656
BRAZIL — (3.3%)
Banco do Brasil SA	10,200		175,922
*Brasil Telecom SA	38,241		316,796
*Brasil Telecom SA ADR	8,140		65,201
#BRF - Brasil Foods SA ADR	590,060		7,877,301
Companhia de Bebidas das Americas.	66,744		5,649,002
Companhia Siderurgica Nacional SA	734,552		13,733,893
*Cosan SA Industria e Comercio	4,600		57,823
CPFL Energia SA	1,935		39,719
*Fibria Celulose SA	13,825		272,643
*Fibria Celulose SA Sponsored ADR	18,180		360,873
*Hypermarcas SA	14,300		195,877
*OGX Petroleo e Gas Participacoes SA	149,800		1,497,785
Petroleo Brasilerio SA ADR	868,746		36,860,893
Souza Cruz SA	86,274		3,345,242
Tele Norte Leste Participacoes SA	59,254		1,051,624
Tractebel Energia SA	140,100		1,788,476
*Vale SA Sponsored ADR	134,000		4,104,420
Vivo Participacoes SA	16,288		430,848
Weg Industrias SA	278,866		2,847,618
TOTAL BRAZIL			80,671,956
CHILE — (1.5%)
#Banco de Chile Series F ADR	47,992		3,004,299
Banco Santander Chile SA ADR	68,948		4,542,984
#Cia Cervecerias Unidas SA ADR	36,857		1,590,380
Colbun SA	1,731,270		443,702
Embotelladora Andina SA Series A ADR	26,068		462,707
Embotelladora Andina SA Series B ADR	29,233		639,326
#Empresa Nacional de Electricidad SA Sponsored ADR	167,312		7,771,642
Empresas Copec SA	12,626		201,695
Enersis SA Sponsored ADR	404,226		8,040,055
Lan Airlines SA Sponsored ADR	247,136		4,705,469
#Sociedad Quimica y Minera de Chile SA Sponsored ADR	144,517		5,202,612
#Vina Concha Y Toro SA Sponsored ADR	26,767		1,165,703
TOTAL CHILE			37,770,574
CHINA — (9.2%)
Agile Property Holdings, Ltd.	372,000		430,524
*Air China, Ltd.	262,000		289,182
#Alibaba.com, Ltd.	219,500		418,139
#*Aluminum Corp. of China, Ltd. ADR	32,500		788,450
Angang Steel Co., Ltd.	278,000		428,814
#Anhui Conch Cement Co., Ltd.	172,000		550,300
Bank of China, Ltd.	36,691,000		18,887,982
Bank of Communications Co., Ltd.	1,431,000		1,629,779
*Beijing Capital International Airport Co., Ltd.	352,000		211,754
Beijing Enterprises Holdings, Ltd.	131,500		850,559
Belle International Holdings, Ltd.	1,948,000		2,666,181
#*BYD Co., Ltd.	395,886		3,507,600
*China Agri-Industries Holdings, Ltd.	348,000		455,050
China Citic Bank Corp., Ltd.	1,231,000		804,565
China Coal Energy Co.	542,000		816,522
China Communications Construction Co., Ltd.	1,073,000		1,010,337
China Construction Bank Corp.	21,737,000		17,679,518
China COSCO Holdings Co., Ltd.	565,500		717,338

28

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
CHINA — (Continued)
#China Life Insurance Co., Ltd. ADR	250,705	$	16,945,151
*China Mengniu Dairy Co., Ltd.	200,000		599,966
#China Merchants Bank Co., Ltd.	1,218,534		2,996,429
China Merchants Holdings (International) Co., Ltd.	267,652		929,772
China Mobile, Ltd. Sponsored ADR	696,697		34,068,483
China National Building Material Co., Ltd.	164,000		269,617
China Oilfield Services, Ltd.	210,000		293,904
China Overseas Land & Investment, Ltd.	1,550,000		3,021,455
#China Petroleum and Chemical Corp. (Sinopec) ADR	41,800		3,354,868
*China Power International Development, Ltd.	266,000		60,604
*China Railway Construction Corp., Ltd.	476,500		592,633
*China Railway Group, Ltd.	873,000		601,771
China Resources Enterprise, Ltd.	1,737,000		6,128,188
China Resources Land, Ltd.	748,000		1,368,716
China Resources Power Holdings Co., Ltd.	920,000		1,872,125
China Shenhua Energy Co., Ltd.	1,971,500		8,459,943
*China Shipping Container Lines Co., Ltd.	867,000		359,833
#China Shipping Development Co., Ltd.	298,000		444,859
*China Southern Airlines Co., Ltd. ADR	4,600		116,932
*China Taiping Insurance Holdings Co., Ltd.	140,600		465,340
China Telecom Corp., Ltd.	1,014,000		465,213
China Telecom Corp., Ltd. ADR	20,200		927,180
China Travel International Investment Hong Kong, Ltd.	768,000		189,604
China Unicom Hong Kong, Ltd. ADR	145,400		1,807,322
China Yurun Food Group, Ltd.	192,000		585,888
CITIC Pacific, Ltd.	1,605,000		3,494,935
*CITIC Resources Holdings, Ltd.	740,000		173,502
CNOOC, Ltd.	45,000		79,039
#CNOOC, Ltd. ADR	67,956		11,954,820
#Country Garden Holdings Co.	2,232,000		683,668
#Datang International Power Generation Co., Ltd.	496,000		207,362
Denway Motors, Ltd.	760,000		447,338
Dongfang Electric Co., Ltd.	31,200		201,907
Dongfeng Motor Corp.	496,000		704,443
*Fosun International	412,500		320,404
*FU JI Food & Catering Services	289,000		—
*Fushan International Energy Group, Ltd.	402,000		282,392
*GOME Electrical Appliances Holdings, Ltd.	1,536,000		495,041
#Guangzhou R&F Properties Co., Ltd.	222,800		291,052
Harbin Power Equipment Co., Ltd.	104,000		81,375
Hengan International Group Co., Ltd.	118,500		908,960
#*HKC (Holdings), Ltd.	2,641,797		190,301
*Hong Kong Energy Holdings, Ltd.	31,221		3,042
Hopson Development Holdings, Ltd.	186,000		240,600
#Huaneng Power International, Inc. ADR	12,000		276,000
Industrial & Commercial Bank of China, Ltd.	34,093,000		24,848,598
Jiangsu Express Co., Ltd.	764,000		711,487
Jiangxi Copper Co., Ltd.	286,000		599,877
Kunlun Energy Co., Ltd.	450,000		595,278
Lenovo Group, Ltd.	858,000		632,530
#*Maanshan Iron & Steel Co., Ltd.	446,000		233,960
Nine Dragons Paper Holdings, Ltd.	336,000		566,795
*Parkson Retail Group, Ltd.	224,500		366,097
PetroChina Co., Ltd. ADR	115,210		13,264,127
#*PICC Property & Casualty Co., Ltd.	498,000		472,798
Ping An Insurance (Group) Co. of China, Ltd.	248,500		2,119,532
*Semiconductor Manufacturing International Corp. ADR	228,017		1,213,050
#Shanghai Electric Group Co., Ltd.	2,392,000		1,140,879
Shanghai Industrial Holdings, Ltd.	134,000		580,643
Shenzhen Expressway Co., Ltd.	110,000		55,310
Shenzhen International Holdings, Ltd.	2,350,000		176,359

29

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
CHINA — (Continued)
Shimao Property Holdings, Ltd.	291,000	$	442,414
Sino-Ocean Land Holdings, Ltd.	566,000		435,359
#*Sinopec Shanghai Petrochemical Co, Ltd.	366,000		140,515
*Sinopec Shanghai Petrochemical Co., Ltd. Sponsored ADR	1,188		45,322
Sinotrans, Ltd.	564,000		134,196
Tencent Holdings, Ltd.	700,600		14,470,766
Tingyi (Cayman Islands) Holding Corp.	1,072,000		2,663,115
Tsingtao Brewery Co., Ltd.	58,000		287,249
*Want Want China Holdings, Ltd.	312,000		233,441
Weichai Power Co., Ltd.	37,000		303,733
Zijin Mining Group Co., Ltd.	428,000		332,466
#ZTE Corp.	629,232		2,258,075
TOTAL CHINA			229,428,542
CZECH REPUBLIC — (0.9%)
CEZ A.S.	279,544		13,404,286
Komercni Banka A.S.	14,663		3,009,453
Telefonica 02 Czech Republic A.S.	202,129		4,480,190
TOTAL CZECH REPUBLIC			20,893,929
HUNGARY — (1.3%)
ELMU NYRT	185		28,055
Magyar Telekom Telecommunications P.L.C.	665,618		2,368,384
*MOL Hungarian Oil & Gas NYRT	83,274		8,432,270
#*OTP Bank NYRT	473,736		16,652,516
Richter Gedeon NYRT	23,323		4,947,675
Tisza Chemical Group NYRT	36,832		592,216
TOTAL HUNGARY			33,021,116
INDIA — (10.9%)
ACC, Ltd.	43,053		874,747
Adani Enterprises, Ltd.	108,375		1,358,775
Ambuja Cements, Ltd.	987,822		2,683,058
Asea Brown Boveri India, Ltd.	78,498		1,392,765
Asian Paints, Ltd.	57,710		2,697,397
Axis Bank, Ltd.	331,592		9,385,993
Bajaj Auto, Ltd.	67,782		3,195,667
Bajaj Finserv, Ltd.	29,842		229,274
Bajaj Holdings & Investment, Ltd.	8,068		113,110
Bharat Electronics, Ltd.	7,300		300,905
Bharti Airtel, Ltd.	852,924		5,692,617
Bosch, Ltd.	17,003		1,860,859
Cipla, Ltd.	516,718		3,972,067
Colgate-Palmolive (India), Ltd.	6,437		107,574
Crompton Greaves, Ltd.	302,358		1,791,930
Cummins India, Ltd.	12,348		157,734
Dabur India, Ltd.	308,253		1,249,306
Dr. Reddy’s Laboratories, Ltd.	104,628		2,956,394
#Dr. Reddy’s Laboratories, Ltd. ADR	83,498		2,345,459
EIH, Ltd.	40,981		117,343
GAIL India, Ltd.	57,000		548,980
GAIL India, Ltd. Sponsored GDR	28,791		1,670,995
GlaxoSmithKline Pharmaceuticals, Ltd.	38,937		1,659,219
Godrej Consumer Products, Ltd.	23,579		154,267
Grasim Industries, Ltd.	6,300		385,363
HCL Technologies, Ltd.	266,493		2,348,104
HDFC Bank, Ltd.	386,733		17,145,011
Hero Honda Motors, Ltd. Series B	124,678		5,324,700
Hindustan Unilever, Ltd.	1,319,137		7,091,362
ICICI Bank, Ltd. Sponsored ADR	88,726		3,772,630

30

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
INDIA — (Continued)
Infosys Technologies, Ltd.	449,681	$	27,426,840
#Infosys Technologies, Ltd. Sponsored ADR	233,496		13,981,740
Infrastructure Development Finance Co., Ltd.	1,931		7,363
ITC, Ltd.	1,620,930		9,658,560
Jindal Steel & Power, Ltd.	564,354		9,393,344
JSW Steel, Ltd.	106,526		2,914,733
Jubilant Organosys, Ltd.	34,862		262,802
Larsen & Toubro, Ltd.	297,025		10,682,170
Mahanagar Telephone Nigam, Ltd.	64,598		102,951
Mahindra & Mahindra, Ltd.	508,366		5,989,409
Mangalore Refinery & Petrochemicals, Ltd.	399,619		680,416
Maruti Suzuki India, Ltd.	111,461		3,188,362
Nirma, Ltd.	38,799		179,102
*Oracle Financial Services Software, Ltd.	14,000		680,363
Pantaloon Retail India, Ltd.	7,460		69,094
Pantaloon Retail India, Ltd. Class B	976		6,446
Proctor & Gamble Hygiene & Health Care, Ltd.	8,517		389,177
*Ranbaxy Laboratories, Ltd.	169,766		1,685,011
Reliance Capital, Ltd.	101,317		1,666,749
Reliance Communications, Ltd.	1,018,357		3,710,701
Reliance Energy, Ltd.	162,850		4,123,954
Reliance Industries, Ltd.	1,958,609		45,244,268
Sesa Goa, Ltd.	534,990		5,108,798
Shriram Transport Finance Co., Ltd.	624		7,907
Siemens India, Ltd.	153,743		2,437,817
Sterlite Industries (India), Ltd. Series A	431,495		7,931,929
Sun Pharmaceuticals Industries, Ltd.	125,337		4,428,515
Sun TV Network, Ltd.	10,627		99,913
Tata Consultancy Services, Ltd.	756,974		12,986,852
Tata Power Co., Ltd.	144,515		4,366,716
Tata Steel, Ltd.	88,889		1,226,300
United Spirits, Ltd.	21,912		615,921
Wipro, Ltd.	440,456		6,648,087
Zydus Wellness, Ltd.	11,485		101,791
TOTAL INDIA			270,587,706
INDONESIA — (2.4%)
*PT Adaro Energy Tbk	3,751,500		899,235
PT Aneka Tambang Tbk	862,000		229,538
PT Astra Agro Lestari Tbk	195,500		474,713
PT Astra International Tbk	2,890,061		14,934,573
*PT Bakrie & Brothers Tbk	8,273,000		62,981
PT Bank Central Asia Tbk	9,187,000		5,499,325
PT Bank Danamon Indonesia Tbk	2,719,740		1,725,253
PT Bank Mandiri Persero Tbk	3,021,000		1,913,259
*PT Bank Pan Indonesia Tbk	8,080,000		1,127,871
PT Bank Rakyat Indonesia Tbk	1,910,000		1,869,415
PT Bumi Resources Tbk	15,481,000		3,973,046
PT Gudang Garam Tbk	135,500		411,129
*PT Holcim Indonesia Tbk	512,500		131,626
PT Indo Tambangraya Megah Tbk	179,000		766,231
PT Indocement Tunggal Prakarsa Tbk	815,500		1,413,082
PT Indofood Sukses Makmur Tbk	1,529,500		652,554
PT Indosat Tbk	437,000		283,471
PT International Nickel Indonesia Tbk	1,038,000		563,546
PT Kalbe Farma Tbk	1,021,000		232,705
*PT Lippo Karawaci Tbk	6,121,750		393,031
*PT Panasia Indosyntec Tbk	75,100		1,958
PT Perusahaan Gas Negara Tbk	6,173,000		2,772,369
PT Semen Gresik Persero Tbk	2,263,000		2,037,741
PT Sinar Mas Agro Resources & Technology Tbk	1,151,000		508,067

31

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††
INDONESIA — (Continued)
PT Tambang Batubara Bukit Asam Tbk	253,500		$	515,981
PT Telekomunikasi Indonesia Tbk	14,011,140			12,095,770
PT Unilever Indonesia Tbk	2,382,000			3,632,137
PT United Tractors Tbk	675,000			1,442,558
TOTAL INDONESIA				60,563,165
ISRAEL — (1.5%)
*Bank Hapoalim B.M.	703,018			2,830,462
*Bank Leumi Le-Israel B.M.	722,579			3,085,684
Bezeq Israeli Telecommunication Corp., Ltd.	754,480			1,842,668
Clal Industries & Investments, Ltd.	20,798			144,949
Elbit Systems, Ltd.	14,706			901,699
IDB Holding Corp., Ltd.	—			12
Israel Chemicals, Ltd.	256,638			3,071,819
Koor Industries, Ltd.	1			13
Makhteshim-Agan Industries, Ltd.	28,861			121,139
*Migdal Insurance & Financial Holdings, Ltd.	26,773			54,285
Osem Investment, Ltd.	1			8
Partner Communications Co., Ltd.	44,383			870,853
Teva Pharmaceutical Industries, Ltd. Sponsored ADR	423,625			24,879,496
TOTAL ISRAEL				37,803,087
MALAYSIA — (4.5%)
Affin Holdings Berhad	312,600			293,339
Alliance Financial Group Berhad	301,700			294,061
AMMB Holdings Berhad	874,959			1,358,535
*Axiata Group Berhad	3,705,375			4,513,035
Batu Kawan Berhad	15,000			50,289
Berjaya Corp. Berhad	734,800			390,481
*Berjaya Media Berhad	18,300			5,199
Berjaya Sports Toto Berhad	803,464			1,146,830
Boustead Holdings Berhad	159,460			178,172
British American Tobacco Malaysia Berhad	225,200			3,099,647
CIMB Group Holdings Berhad	2,785,627			12,334,742
Digi.Com Berhad	495,162			3,523,009
EON Capital Berhad	175,500			388,391
Fraser & Neave Holdings Berhad	61,000			205,971
Gamuda Berhad	805,700			753,961
Genting Berhad	3,086,500			6,672,521
Genting Malaysia Berhad	4,928,500			4,449,179
Genting Plantations Berhad	276,600			586,639
Hong Leong Bank Berhad	732,150			1,989,962
Hong Leong Financial Group Berhad	249,329			676,662
IJM Corp. Berhad	336,560			518,195
IOI Corp. Berhad	5,115,605			8,682,972
KLCC Property Holdings Berhad	170,800			172,003
Kuala Lumpur Kepong Berhad	692,100			3,570,241
Lafarge Malayan Cement Berhad	259,580			547,326
Malayan Banking Berhad	729,253			1,741,130
*Malaysian Airlines System Berhad	1,198,734			812,145
Malaysian Bulk Carriers Berhad	49,000			47,548
*MISC Berhad	2,396,098	��		6,691,136
MMC Corp. Berhad	1,340,700			1,040,926
Nestle (Malaysia) Berhad	217,200			2,393,127
Oriental Holdings Berhad	232,900			442,286
Parkson Holdings Berhad	184,476			334,522
Petronas Dagangan Berhad	403,000			1,142,825
Petronas Gas Berhad	753,600			2,354,712
Plus Expressways Berhad	2,201,100			2,367,558
PPB Group Berhad	810,100			4,507,717
Public Bank Berhad (B012W42)	67,739			254,637

32

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
MALAYSIA — (Continued)
Public Bank Berhad (B012W53)	1,550,201	$	5,834,565
RHB Capital Berhad	525,900		1,014,425
Shell Refining Co. Federation of Malaysia Berhad	227,000		766,629
Sime Darby Berhad	3,457,620		9,473,133
SP Setia Berhad	971,150		1,274,860
Star Publications (Malaysia) Berhad	401,300		422,879
Telekom Malaysia Berhad	1,705,900		1,851,449
Tenaga Nasional Berhad	2,121,000		5,637,883
*UEM Land Holdings Berhad	1,050,937		458,799
UMW Holdings Berhad	729,066		1,441,397
YTL Corp. Berhad	1,376,885		3,191,828
YTL Power International Berhad	283,040		194,032
TOTAL MALAYSIA			112,093,510
MEXICO — (6.6%)
#America Movil S.A.B. de C.V. Series L	17,737,259		45,638,804
#*Carso Global Telecom S.A.B. de C.V. Telecom Series A1	1,166,771		5,979,675
#*Cementos de Mexico S.A.B de C.V. Series B	267,800		319,518
*Cemex S.A.B. de C.V. Sponsored ADR	12,500		148,500
#Coca-Cola Femsa S.A.B. de C.V. Series L	385,400		2,700,437
*Corporacion Interamericana de Entramiento S.A.B. de C.V. Series B	28,827		14,774
Corporativo Fragua S.A.B. de C.V. Series B	21		174
El Puerto de Liverpool S.A.B. de C.V. Series C1	289,300		1,562,545
#Fomento Economico Mexicano S.A.B. de C.V. Series B & D	2,109,900		9,994,060
*Gruma S.A.B. de C.V. ADR	67,311		492,717
#Grupo Carso S.A.B. de C.V. Series A-1	842,132		3,080,641
#Grupo Elektra S.A. de C.V.	99,850		4,703,689
#Grupo Financiero Banorte S.A.B. de C.V.	1,951,829		7,847,106
#Grupo Financiero Inbursa S.A.B. de C.V. Series O	912,864		3,076,182
#Grupo Industrial Bimbo S.A.B. de C.V. Series A	535,600		4,278,362
Grupo Industrial Maseca S.A.B. de C.V. Series B	229,000		204,593
#Grupo Mexico S.A.B. de C.V. Series B	4,075,517		10,754,618
*Grupo Modelo S.A.B. de C.V. Series C	832,100		4,565,238
*Grupo Nutrisa S.A. de C.V.	129		325
*Grupo Qumma S.A. de C.V. Series B	1,591		23
#Grupo Televisa S.A. de C.V.	1,704,800		7,093,497
Grupo Televisa S.A. de C.V. Sponsored ADR	109,820		2,282,060
#*Impulsora Del Desarrollo Y El Empleo en America Latina S.A. de C.V.	2,524,776		3,280,994
#Industrias Penoles S.A.B. de C.V.	140,038		2,974,268
#Kimberly Clark de Mexico S.A.B. de C.V. Series A	690,100		4,003,642
#*Organizacion Soriana S.A.B. de C.V. Series B	1,477,800		4,419,387
*Savia S.A. de C.V.	120,000		7,797
#Telefonos de Mexico S.A.B. de C.V.	6,988,000		5,369,163
Telefonos de Mexico S.A.B. de C.V. Series A	200,000		152,044
Telmex Internacional S.A.B. de C.V. (B39SQ41)	200,000		189,242
#Telmex Internacional S.A.B. de C.V. (B39SR26)	8,329,530		7,928,859
Telmex Internacional S.A.B. de C.V. ADR	30,200		576,820
#Wal-Mart de Mexico S.A.B. de C.V. Series V	8,745,360		20,456,567
TOTAL MEXICO			164,096,321
PHILIPPINES — (0.5%)
Aboitiz Equity Ventures, Inc.	2,439,000		914,485
Aboitiz Power Corp.	530,000		180,435
Ayala Corp. Series A	264,933		2,006,738
Ayala Land, Inc.	7,832,118		2,384,398
Banco de Oro Unibank, Inc.	1,164,108		1,090,788
Bank of the Philippine Islands	1,972,456		1,999,125
*Energy Development Corp.	1,212,500		145,405
*Filipina Water Bottling Corp.	2,006,957		—
Metro Bank & Trust Co.	257,100		302,638
Philippine Long Distance Telephone Co.	57,920		3,245,508

33

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
PHILIPPINES — (Continued)
SM Prime Holdings, Inc.	508,168	$	116,063
TOTAL PHILIPPINES			12,385,583
POLAND — (1.3%)
Asseco Poland SA (5978953)	29,080		557,210
*Asseco Poland SA (B67R6N0)	1,454		28,062
*Bank Handlowy w Warszawie SA	17,748		486,128
*Bank Pekao SA	163,030		9,289,895
*Bank Przemyslowo Handlowy BPH SA	2,029		48,740
*Bank Zackodni WBK SA	37,228		2,734,194
Browary Zywiec SA	13,634		2,385,907
*Cyfrowy Polsat SA	10,560		52,786
*Getin Holdings SA	147,860		543,734
*ING Bank Slaski SA	1,501		394,963
KGHM Polska Miedz SA	61,000		2,274,954
*Kredyt Bank SA	73,612		390,413
*Mondi Packaging Paper Swiecie SA	12,683		311,466
*Polski Koncern Naftowy Orlen SA	267,237		3,520,095
Polskie Gornictwo Naftowe I Gazownictwo SA	718,661		847,330
Powszechna Kasa Oszczednosci Bank Polski SA	220,087		3,169,283
Telekomunikacja Polska SA	1,025,852		5,579,160
TVN SA	58,962		378,479
TOTAL POLAND			32,992,799
RUSSIA — (3.8%)
*Evraz Group SA GDR	74,284		2,678,962
*Gazprom OAO Sponsored ADR	1,525,390		35,017,180
*Gazpromneft JSC Sponsored ADR	46,954		1,266,625
*Lukoil OAO Sponsored ADR	330,511		18,590,951
*Magnitogorsk Iron & Steel Works Sponsored GDR	79,081		1,068,069
*MMC Norilsk Nickel JSC ADR	546,894		10,322,462
*Novolipetsk Steel OJSC GDR	45,708		1,646,123
*Novorossiysk Sea Trade Port GDR	11,183		148,991
*Polymetal GDR	52,687		548,963
*Rosneft Oil Co. GDR	887,586		7,103,271
*RusHydro Sponsored ADR	406,736		2,330,705
*Severstal OAO GDR	83,200		1,119,363
*Surgutneftegaz Sponsored ADR	495,051		4,685,330
*Tatneft Sponsored ADR	29,354		885,090
*TMK OAO GDR	35,758		736,964
*Uralkali Sponsored GDR	105,437		2,245,754
*VTB Bank OJSC GDR	489,604		2,610,991
*X5 Retail Group NV GDR	49,828		1,769,920
TOTAL RUSSIA			94,775,714
SOUTH AFRICA — (8.1%)
ABSA Group, Ltd.	362,514		6,869,227
Adcock Ingram Holdings, Ltd.	3,672		29,059
African Bank Investments, Ltd.	318,206		1,513,753
African Rainbow Minerals, Ltd.	182,514		4,825,418
*Anglo American Platinum Corp., Ltd.	103,642		11,301,790
#AngloGold Ashanti, Ltd. Sponsored ADR	197,922		8,285,015
*ArcelorMittal South Africa, Ltd.	297,803		3,404,581
*Aspen Pharmacare Holdings, Ltd.	37,154		416,896
Aveng, Ltd.	1,961		9,837
Bidvest Group, Ltd.	182,111		3,338,529
Data Tec, Ltd.	6,420		29,344
Discovery Holdings, Ltd.	391,199		1,892,421
Exxaro Resources, Ltd.	83,898		1,389,752
FirstRand, Ltd.	1,540,707		4,233,085

34

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
SOUTH AFRICA — (Continued)
Freeworld Coatings, Ltd.	88,329	$	121,417
Gold Fields, Ltd. Sponsored ADR	425,086		5,713,156
Harmony Gold Mining Co., Ltd.	334,419		3,259,778
Harmony Gold Mining Co., Ltd. Sponsored ADR	331,569		3,239,429
Impala Platinum Holdings, Ltd.	478,692		13,424,808
Investec, Ltd.	118,615		995,143
Kumba Iron Ore, Ltd.	15,092		711,136
Liberty Holdings, Ltd.	200,196		2,059,208
Massmart Holdings, Ltd.	83,456		1,240,316
Mondi, Ltd.	11,693		81,937
*MTN Group, Ltd.	1,659,950		24,217,399
Murray & Roberts Holdings, Ltd.	257		1,454
Naspers, Ltd. Series N	324,237		13,057,043
Nedbank Group, Ltd.	55,383		1,000,499
Network Healthcare Holdings, Ltd.	374,194		686,998
Pick’n Pay Stores, Ltd.	288,558		1,619,478
Pretoria Portland Cement Co., Ltd.	753,899		3,401,558
PSG Group, Ltd.	164,207		624,258
Sanlam, Ltd.	961,639		3,129,906
Sasol, Ltd. Sponsored ADR	1,065,717		43,321,396
Shoprite Holdings, Ltd.	596,920		6,305,442
Standard Bank Group, Ltd.	861,864		13,104,398
Steinhoff International Holdings, Ltd.	722,272		1,976,128
*Super Group, Ltd.	2,619,768		260,391
Telkom South Africa, Ltd.	443,158		2,201,884
Tiger Brands, Ltd.	76,245		1,930,743
Truworths International, Ltd.	138,004		981,173
Vodacom Group Pty, Ltd.	521,362		3,990,989
TOTAL SOUTH AFRICA.			200,196,172
SOUTH KOREA — (12.7%)
#Amorepacific Corp.	3,527		2,663,948
Cheil Industrial, Inc.	20,690		1,483,165
#Daewoo Engineering & Construction Co., Ltd.	163,198		1,518,260
#Daewoo International Corp.	48,663		1,541,797
*Daewoo Securities Co., Ltd.	103,195		1,938,098
#Daewoo Shipbuilding & Marine Engineering Co., Ltd.	135,170		2,568,373
#Doosan Heavy Industries & Construction Co., Ltd.	14,950		1,096,455
#*Doosan Infracore Co., Ltd.	82,000		1,629,154
#Glovis Co., Ltd.	6,360		704,108
GS Engineering & Construction Corp.	27,320		2,065,101
GS Holdings Corp.	42,945		1,493,782
Hana Financial Group, Inc.	112,261		3,491,740
#Hankook Tire Manufacturing Co., Ltd.	84,420		1,886,659
Hite Brewery Co., Ltd.	1,669		196,389
#*Hynix Semiconductor, Inc.	163,310		4,133,456
Hyundai Department Store Co., Ltd.	3,893		347,996
Hyundai Development Co.	33,870		835,586
#Hyundai Heavy Industries Co., Ltd.	47,395		10,726,806
#Hyundai Merchant Marine Co., Ltd.	24,600		600,389
Hyundai Mobis	53,070		8,808,356
#Hyundai Motor Co., Ltd.	95,919		11,697,991
*Hyundai Securities Co.	18,410		215,197
#Hyundai Steel Co.	58,560		4,775,514
Industrial Bank of Korea, Ltd.	78,210		1,087,598
Kangwon Land, Inc.	134,910		2,092,613
KB Financial Group, Inc.	139,085		6,776,735
KCC Corp.	6,668		1,874,581
#Kia Motors Corp.	225,130		5,493,155
*Korea Electric Power Corp.	295,290		8,958,200
Korea Exchange Bank	200,200		2,443,553

35

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
Korea Gas Corp.	33,003	$	1,329,547
KT Corp.	166,530		7,391,123
KT&G Corp.	103,590		5,221,460
LG Chemical, Ltd.	32,392		8,191,149
#LG Corp.	122,942		8,382,733
#LG Display Co., Ltd. ADR	128,466		2,710,633
#LG Electronics, Inc.	88,910		9,694,523
#LG Household & Healthcare Co., Ltd.	5,120		1,398,983
LS Industrial Systems Co., Ltd.	1,000		65,857
*Mirae Asset Securities Co., Ltd.	7,275		361,109
NCsoft Corp.	4,529		673,351
OCI Co., Ltd.	780		147,907
POSCO	46,060		20,654,841
Samsung Card Co., Ltd.	23,720		1,177,572
Samsung Corp.	100,930		4,772,647
Samsung Electro-Mechanics Co., Ltd.	37,767		4,768,611
Samsung Electronics Co., Ltd.	97,139		73,858,555
Samsung Electronics Co., Ltd. GDR	49,372		18,856,946
#Samsung Engineering Co., Ltd.	6,628		638,752
Samsung Fire & Marine Insurance, Ltd.	35,022		6,474,322
Samsung Heavy Industries Co., Ltd.	126,000		2,891,495
Samsung SDI Co., Ltd.	20,352		2,711,396
*Samsung Securities Co., Ltd.	33,780		1,865,122
Samsung Techwin Co., Ltd.	7,702		612,263
Shinhan Financial Group Co., Ltd.	218,686		9,302,386
Shinhan Financial Group Co., Ltd. ADR	16,770		1,427,798
Shinsegae Co., Ltd.	12,596		5,775,034
SK Co., Ltd.	21,194		1,666,615
#SK Energy Co., Ltd.	51,889		5,653,651
SK Telecom Co., Ltd.	50,475		7,877,131
#S-Oil Corp.	47,310		2,411,545
STX Pan Ocean Co., Ltd.	30,480		358,961
Woongjin Coway Co., Ltd.	13,260		436,626
TOTAL SOUTH KOREA			314,905,399
TAIWAN — (10.4%)
Acer, Inc.	2,802,238		7,641,603
#Advanced Semiconductor Engineering, Inc.	2,990,899		2,919,865
Asia Cement Corp.	2,452,113		2,305,636
Asustek Computer, Inc.	2,968,205		5,723,361
AU Optronics Corp.	1,332,873		1,535,715
#AU Optronics Corp. Sponsored ADR	348,006		4,033,390
#Catcher Technology Co., Ltd.	270,429		713,457
*Cathay Financial Holdings Co., Ltd.	2,902,761		4,644,533
Chang Hwa Commercial Bank	2,229,000		1,000,869
#Cheng Shin Rubber Industry Co., Ltd.	1,078,789		2,318,605
Chicony Electronics Co., Ltd.	199,368		526,137
Chimei Innolux Corp.	2,633,818		3,845,001
*China Development Financial Holding Corp.	4,204,000		1,178,912
China Steel Corp.	8,747,669		9,308,330
Chinatrust Financial Holdings Co., Ltd.	2,615,770		1,477,292
Chunghwa Telecom Co., Ltd. ADR	155,423		3,033,857
*Chungwa Picture Tubes Co., Ltd.	5,307,000		511,527
*Clevo Co.	212,643		464,535
#Compal Electronics, Inc.	3,708,375		5,153,838
Delta Electronics, Inc.	1,812,366		6,007,545
*E.Sun Financial Holding Co., Ltd.	1,304,790		580,079
#Epistar Corp.	278,000		889,518
*Evergreen Marine Corp., Ltd.	481,869		308,048
Everlight Electronics Co., Ltd.	163,942		516,276
Far Eastern Department Stores Co., Ltd.	331,000		295,444

36

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
TAIWAN — (Continued)
Far Eastern New Century Corp.	4,292,007	$	4,656,958
*Far EasTone Telecommunications Co., Ltd.	815,000		991,952
*Farglory Land Development Co., Ltd.	73,000		154,952
First Financial Holding Co., Ltd.	5,210,574		2,868,462
Formosa Chemicals & Fiber Co., Ltd.	4,298,445		10,839,166
Formosa Plastics Corp.	5,051,648		11,222,961
Formosa Taffeta Co., Ltd.	605,000		482,823
#Foxconn Technology Co., Ltd.	684,791		2,832,149
*Fubon Financial Holding Co., Ltd.	5,940,052		7,241,399
Hon Hai Precision Industry Co., Ltd.	4,590,176		21,548,710
Hotai Motor Co., Ltd.	387,000		1,080,316
#HTC Corp.	527,199		7,064,294
Hua Nan Financial Holding Co., Ltd.	5,438,897		3,191,226
*Inotera Memories, Inc.	674,976		476,421
Inventec Corp.	1,732,722		998,993
#Largan Precision Co., Ltd.	46,860		772,763
Lite-On Technology Corp.	1,036,520		1,375,644
#Macronix International Co., Ltd.	1,794,825		1,193,464
#Media Tek, Inc.	735,527		12,453,974
Mega Financial Holding Co., Ltd.	4,537,000		2,649,670
Nan Ya Plastic Corp.	7,084,564		14,853,387
#Nan Ya Printed Circuit Board Corp.	200,940		838,432
*Nanya Technology Corp.	185,000		162,268
*Novatek Microelectronics Corp, Ltd.	140,000		479,881
*Polaris Securities Co., Ltd.	802,000		399,854
Pou Chen Corp.	2,007,341		1,718,056
#*Powertech Technology, Inc.	184,000		656,322
President Chain Store Corp.	834,831		2,387,000
*Qisda Corp.	498,000		294,381
Realtek Semiconductor Corp.	150,000		406,268
#Richtek Technology Corp.	39,000		408,923
*Ruentex Industries, Ltd.	162,000		395,819
*Shin Kong Financial Holding Co., Ltd.	2,174,657		835,526
#Siliconware Precision Industries Co., Ltd.	2,347,324		2,876,254
*SinoPac Holdings Co., Ltd.	2,807,000		954,681
Synnex Technology International Corp.	927,700		2,210,679
*Taishin Financial Holdings Co., Ltd.	1,500,101		578,839
*Taiwan Business Bank	21,000		5,624
Taiwan Cement Corp.	2,415,895		2,171,007
Taiwan Cooperative Bank	2,997,634		1,826,369
Taiwan Fertilizer Co., Ltd.	371,000		1,180,550
Taiwan Glass Industrial Corp.	1,309,200		1,219,265
Taiwan Semiconductor Manufacturing Co., Ltd.	22,386,808		43,813,226
*Tatung Co., Ltd.	1,058,000		217,390
Transcend Information, Inc.	131,181		414,643
*Tripod Technology Corp.	161,000		553,156
Tung Ho Steel Enterprise Corp.	7,000		7,546
U-Ming Marine Transport Corp.	648,860		1,340,079
*Unimicron Technology Corp.	615,000		923,973
Uni-President Enterprises Corp.	3,496,346		3,886,935
*United Microelectronics Corp.	6,329,000		3,184,237
Wistron Corp.	1,251,698		2,405,023
#*WPG Holdings Co., Ltd.	246,000		504,943
#*Young Fast Optoelectronics Co., Ltd.	38,000		355,121
Yuanta Financial Holding Co., Ltd.	2,384,885		1,421,969
Yulon Motor Co., Ltd.	145,000		168,410
TOTAL TAIWAN			257,085,706
THAILAND — (1.5%)
Advance Info Service PCL (Foreign)	1,541,800		3,609,685
Bangkok Bank PCL (Foreign)	129,000		478,442

37

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
THAILAND — (Continued)
Bangkok Bank PCL (Foreign) NVDR	286,400	$	1,031,235
Bangkok Dusit Medical Services PCL (Foreign)	213,800		164,538
Bank of Ayudhya PCL (Foreign)	2,590,200		1,585,102
Banpu PCL (Foreign)	115,100		2,305,202
BEC World PCL (Foreign)	1,097,600		787,029
Bumrungrad Hospital PCL (Foreign)	88,300		81,873
*C.P. ALL PCL (Foreign)	2,436,200		2,108,286
Charoen Pokphand Foods PCL (Foreign)	4,181,300		2,003,095
Delta Electronics (Thailand) PCL (Foreign)	321,710		214,772
Glow Energy PCL (Foreign)	119,000		131,487
IRPC PCL (Foreign)	4,240,300		579,265
Kasikornbank PCL (Foreign)	1,612,200		4,696,333
Krung Thai Bank PCL (Foreign)	4,726,870		1,796,956
Land & Houses PCL (Foreign) NVDR	790,000		123,304
PTT Aromatics & Refining PCL (Foreign)	1,287,137		1,103,942
PTT Chemical PCL (Foreign)	517,460		1,655,296
PTT Exploration & Production PCL (Foreign)	592,000		2,781,147
PTT PCL (Foreign)	425,200		3,377,419
Ratchaburi Electricity Generating Holding PCL (Foreign)	864,300		975,026
Siam Cement PCL (Foreign) (The)	117,100		980,810
Siam Cement PCL (Foreign) NVDR (The)	41,600		339,434
Siam City Bank PCL (Foreign)	833,100		823,959
Siam City Cement PCL (Foreign)	123,813		822,741
Siam Commercial Bank PCL (Foreign)	1,001,366		2,537,846
Siam Makro PCL (Foreign)	78,500		238,982
Thai Oil PCL (Foreign)	196,000		284,716
*TMB Bank PCL (Foreign)	3,780,000		157,719
TOTAL THAILAND			37,775,641
TURKEY — (2.2%)
Akbank T.A.S.	1,429,079		7,175,869
Anadolu Efes Biracilik ve Malt Sanayi A.S.	331,953		4,114,706
*Asya Katilim Bankasi A.S.	151,578		400,142
Aygaz A.S.	—		2
BIM BirlesikMagazalar A.S.	17,544		980,631
Dogan Sirketler Grubu Holdings A.S.	399,572		298,581
*Dogan Yayin Holding A.S.	3		3
Enka Insaat ve Sanayi A.S.	360,969		1,742,570
*Eregli Demir ve Celik Fabrikalari Turk A.S.	633,832		1,986,446
Ford Otomotiv Sanayi A.S.	114,792		907,078
*Haci Omer Sabanci Holding A.S.	1		3
*Koc Holding A.S. Series B	775,171		2,999,467
Tofas Turk Otomobil Fabrikasi A.S.	1		3
Tupras-Turkiye Petrol Rafinerileri A.S.	216,078		4,803,852
*Turk Ekonomi Bankasi A.S.	—		—
Turk Hava Yollari A.S.	131,400		434,340
*Turk Sise ve Cam Fabrikalari A.S.	1		1
Turkcell Iletisim Hizmetleri A.S.	240,093		1,556,152
Turkiye Garanti Bankasi A.S.	2,842,585		13,770,993
Turkiye Halk Bankasi	139,950		1,107,354
Turkiye Is Bankasi A.S.	2,088,220		7,252,423
*Turkiye Vakiflar Bankasi T.A.O.	385,861		1,021,502
*Yapi ve Kredi Bankasi A.S.	1,249,137		3,572,677
TOTAL TURKEY			54,124,795
TOTAL COMMON STOCKS			2,052,893,371
PREFERRED STOCKS — (8.8%)
BRAZIL — (8.8%)
Banco Bradesco SA	1,440,120		26,470,205
*Brasil Telecom SA	436,993		2,775,437
*Brasil Telecom SA ADR	14,349		272,201

38

THE EMERGING MARKETS SERIES

CONTINUED

	Shares	Value††
BRAZIL — (Continued)
Cia Vale do Rio Doce	166,500	$	4,480,515
#Companhia Brasileira de Distribuicao Grupo Pao de Acucar Sponsored ADR	35,100		2,404,701
Companhia de Bebidas das Americas.	83		8,104
Companhia de Bebidas das Americas Preferred ADR	151,600		14,826,480
Companhia Energetica de Minas Gerais SA	450,722		7,156,576
Empresa Nasional de Comercio Redito e Participacoes SA	480		4,692
Gerdau SA	756,268		12,425,724
Itau Unibanco Holding SA	1,765,755		38,276,225
Itau Unibanco Holding SA ADR	271,346		5,882,781
Petroleo Brasilerio SA ADR	1,206,109		45,759,775
Tele Norte Leste Participacoes SA	180,034		2,692,872
Tele Norte Leste Participacoes SA ADR	127,600		1,896,136
Telecomunicacoes de Sao Paulo SA	96,700		1,891,443
Telemar Norte Leste SA	33,612		889,488
Ultrapar Participacoes SA Sponsored ADR	63,577		2,996,384
Usinas Siderurgicas de Minas Gerais SA Series A	193,962		6,339,123
Vale SA Series A	1,412,691		37,904,737
*Vale SA Series B	81,160		—
Vivo Participacoes SA	134,958		3,571,447
TOTAL BRAZIL			218,925,046
TOTAL PREFERRED STOCKS			218,925,046
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*Companhia de Bebidas das Americas Rights 05/31/10 (R2361932)	421		—
*Companhia de Bebidas das Americas Rights 05/31/10 (R2361976)	1		—
TOTAL BRAZIL			—
CHINA — (0.0%)
*HKC (Holdings), Ltd. Warrants 06/09/11	240,163		2,165
*Hong Kong Energy Holdings, Ltd. Warrants 06/09/11	14,555		337
TOTAL CHINA			2,502
MALAYSIA — (0.0%)
*Gamuda Berhad Rights 05/18/10	100,712		7,590
TOTAL RIGHTS/WARRANTS			10,092

	Face Amount	Value†
	(000)
TEMPORARY CASH INVESTMENTS — (0.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $6,390,000 FNMA 1.213%(v), 11/25/39, valued at $5,499,642) to be repurchased at $5,416,086	$5,416	5,416,000
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.3%)
§@DFA Short Term Investment Fund	205,297,070	205,297,070
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by FNMA, ranging in par values from $5,973,656 to $11,942,416, rates ranging from 4.000% to 7.000%, maturities ranging from 08/01/36 to 02/01/40, valued at $174,219) to be repurchased at $171,994	$172	171,991

39

THE EMERGING MARKETS SERIES

CONTINUED

	Shares/ Face Amount		Value†
	(000)
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $1,343,542) to be repurchased at $1,317,219	$	1,317	$	1,317,198
TOTAL SECURITIES LENDING COLLATERAL				206,786,259
TOTAL INVESTMENTS — (100.0%) (Cost $1,281,019,294)			$	2,484,030,768

40

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value†
COMMON STOCKS — (91.7%)
Consumer Discretionary — (18.0%)
*AC Moore Arts & Crafts, Inc.	25,417	$	103,701
Acme United Corp.	1,030		11,742
*Aldila, Inc.	6,471		39,538
*Alloy, Inc.	19,256		149,234
#American Greetings Corp. Class A	70,198		1,724,063
*America’s Car-Mart, Inc.	2,770		70,164
#*AnnTaylor Stores Corp.	14,100		305,970
*ante4, Inc.	1,185		3,863
#*Arctic Cat, Inc.	21,666		319,573
*Ascent Media Corp.	971		28,664
*Audiovox Corp. Class A	23,489		218,683
#*AutoNation, Inc.	285,676		5,770,655
*Ballantyne Strong, Inc.	9,932		76,476
#Barnes & Noble, Inc.	39,682		874,591
*Beasley Broadcast Group, Inc.	9,802		57,636
*Beazer Homes USA, Inc.	36,700		241,119
bebe stores, inc.	1,900		15,656
*Benihana, Inc.	3,200		22,048
*Biglari Holdings, Inc.	3,445		1,347,856
*Bluegreen Corp.	14,775		89,684
Blyth, Inc.	4,825		278,113
Bob Evans Farms, Inc.	52,387		1,620,330
*Bon-Ton Stores, Inc. (The)	14,849		254,215
Books-A-Million, Inc.	27,100		200,540
*Boyd Gaming Corp.	20,700		262,890
#*Brookfield Homes Corp.	39,865		446,887
Brown Shoe Co., Inc.	74,175		1,394,490
Brunswick Corp.	26,049		544,424
*Build-A-Bear-Workshop, Inc.	30,090		287,660
#*Cabela’s, Inc.	109,175		1,982,618
*Cache, Inc.	19,900		135,917
*California Coastal Communities, Inc.	809		898
Callaway Golf Co.	91,170		856,086
*Canterbury Park Holding Corp.	2,755		22,123
*Carmike Cinemas, Inc.	7,689		129,021
Carnival Corp.	688,708		28,719,124
*Carriage Services, Inc.	19,056		94,708
*Cavco Industries, Inc.	8,633		338,155
CBS Corp.	22,491		364,804
CBS Corp. Class B	652,166		10,571,611
#*Charming Shoppes, Inc.	112,182		633,828
Chico’s FAS, Inc.	36,233		539,509
Christopher & Banks Corp.	56,231		550,501
Churchill Downs, Inc.	4,189		160,564
Cinemark Holdings, Inc.	35,100		640,926
#*Collective Brands, Inc.	59,190		1,388,005
Comcast Corp. Class A	3,570,978		70,491,106
Comcast Corp. Special Class A	1,432,185		26,996,687
*Concord Camera Corp.	—		1
#*Conn’s, Inc.	17,436		166,165
#Cooper Tire & Rubber Co.	64,817		1,375,417
#*Core-Mark Holding Co., Inc.	24,894		759,765
*Craftmade International, Inc.	2,799		15,185
CSS Industries, Inc.	15,992		320,160
*Culp, Inc.	21,913		261,641
*Cybex International, Inc.	29,933		46,097
*dELiA*s, Inc.	22,143		38,750
*Delta Apparel, Inc.	7,832		131,499

41

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Consumer Discretionary — (Continued)
*Destination Maternity Corp.	11,225	$	354,710
Dillard’s, Inc.	120,300		3,378,024
#*DineEquity, Inc.	37,675		1,549,573
#*Discovery Communications, Inc. (25470F104)	115,229		4,459,362
#*Discovery Communications, Inc. (25470F203)	3,937		153,543
*Discovery Communications, Inc. (25470F302)	163,880		5,468,676
*Dixie Group, Inc.	11,800		57,820
*Dorman Products, Inc.	14,657		371,555
Dover Motorsports, Inc.	15,200		33,440
#DR Horton, Inc.	58,367		857,411
*Dress Barn, Inc. (The)	799		22,116
*Drew Industries, Inc.	30,289		776,913
#*DSW, Inc.	2,000		60,400
*Duckwall-ALCO Stores, Inc.	700		11,760
Educational Development Corp.	1,700		10,574
Ethan Allen Interiors, Inc.	20,500		414,100
*Exide Technologies	12,623		74,981
#*Federal Mogul Corp.	30,175		573,928
Finish Line, Inc. Class A	73,309		1,181,008
*Fisher Communications, Inc.	10,163		152,852
*Flanigan’s Enterprises, Inc.	865		5,795
Flexsteel Industries, Inc.	1,719		24,083
#Foot Locker, Inc.	179,433		2,754,297
Fortune Brands, Inc.	149,626		7,843,395
#Fred’s, Inc.	41,937		582,505
Frisch’s Restaurants, Inc.	600		13,146
*Full House Resorts, Inc.	700		2,184
*Furniture Brands International, Inc.	59,763		494,838
*GameTech International, Inc.	2,360		4,838
Gaming Partners International Corp.	500		3,935
*Gander Mountain Co.	42,828		219,708
Gannett Co., Inc.	31,300		532,726
#*Gaylord Entertainment Co.	43,182		1,457,392
*Genesco, Inc.	35,745		1,189,951
*G-III Apparel Group, Ltd.	19,700		563,420
*Great Wolf Resorts, Inc.	34,400		110,424
#*Group 1 Automotive, Inc.	58,700		1,822,635
*Hastings Entertainment, Inc.	1,572		9,118
#Haverty Furniture Cos., Inc.	38,589		629,001
*Heelys, Inc.	24,120		66,330
*Helen of Troy, Ltd.	64,389		1,739,147
*Hollywood Media Corp.	28,505		33,636
Hooker Furniture Corp.	13,559		213,690
#*Hot Topic, Inc.	1,540		11,766
*HSN, Inc.	60,525		1,823,618
*Iconix Brand Group, Inc.	95,450		1,647,467
*Isle of Capri Casinos, Inc.	15,000		163,350
*J. Alexander’s Corp.	9,196		41,934
J.C. Penney Co., Inc.	195,699		5,708,540
*JAKKS Pacific, Inc.	15,024		229,717
Jarden Corp.	108,050		3,470,566
*Jo-Ann Stores, Inc.	45,950		2,027,314
Johnson Controls, Inc.	3,600		120,924
*Johnson Outdoors, Inc.	12,128		154,147
Jones Apparel Group, Inc.	81,193		1,766,760
*Kenneth Cole Productions, Inc. Class A	12,374		154,180
*Kid Brands, Inc.	23,676		236,050
KSW, Inc.	446		1,619
#*K-Swiss, Inc. Class A	14,808		184,212
Lacrosse Footwear, Inc.	495		8,851
*Lakeland Industries, Inc.	11,757		103,462

42

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Consumer Discretionary — (Continued)
*Lakes Entertainment, Inc.	23,964	$	53,919
#*Landry’s Restaurants, Inc.	23,900		551,851
•*Lazare Kaplan International, Inc.	12,780		31,950
Lennar Corp. Class A	163,500		3,253,650
#*Liberty Global, Inc. Class A	68,111		1,866,923
*Liberty Global, Inc. Series C	64,637		1,750,370
*Liberty Media Corp. Capital Series A	217,289		9,619,384
*Liberty Media Corp. Capital Series B	6,066		249,586
*Liberty Media Corp. Interactive Class A	882,463		13,563,456
*Liberty Media Corp. Interactive Class B	35,506		555,846
*Liberty Media-Starz Corp. Series B	1,718		98,940
#*Life Time Fitness, Inc.	27,800		1,021,928
*Lifetime Brands, Inc.	17,158		248,791
*Lithia Motors, Inc.	37,982		303,096
#*Live Nation Entertainment, Inc.	130,962		2,054,794
#*Liz Claiborne, Inc.	3,900		34,086
*Luby’s, Inc.	42,423		173,086
*M/I Homes, Inc.	37,930		591,708
Mac-Gray Corp.	13,247		154,328
Macy’s, Inc.	206,830		4,798,456
Marcus Corp.	13,932		179,026
*MarineMax, Inc.	25,977		289,644
*McCormick & Schmick’s Seafood Restaurants, Inc.	15,712		155,706
*Media General, Inc.	27,100		342,815
#Men’s Wearhouse, Inc. (The)	82,560		1,950,893
Meredith Corp.	32,369		1,163,018
#*Meritage Homes Corp.	28,156		669,550
#*Modine Manufacturing Co.	42,839		600,174
#*Mohawk Industries, Inc.	98,740		6,293,688
*Morton’s Restaurant Group, Inc.	16,226		98,330
#*Movado Group, Inc.	30,500		378,505
*MTR Gaming Group, Inc.	24,135		48,994
*Multimedia Games, Inc.	34,039		155,558
*Nautilus, Inc.	23,965		81,960
*New Frontier Media, Inc.	22,735		44,788
*New York & Co., Inc.	40,902		251,138
News Corp. Class A	1,791,585		27,626,241
#News Corp. Class B	865,172		15,391,410
*O’Charley’s, Inc.	22,708		216,861
*Office Depot, Inc.	23,072		158,274
*OfficeMax, Inc.	5,000		95,000
*Orbitz Worldwide, Inc.	13,358		88,029
#*Orient-Express Hotels, Ltd.	70,348		960,250
#*Outdoor Channel Holdings, Inc.	40,604		280,574
Oxford Industries, Inc.	20,479		442,142
*Palm Harbor Homes, Inc.	1,673		4,852
#*Penske Automotive Group, Inc.	53,206		797,026
Pep Boys - Manny, Moe & Jack (The)	81,600		1,022,448
*Perry Ellis International, Inc.	28,161		679,525
Phillips-Van Heusen Corp.	52,021		3,277,843
*Pinnacle Entertainment, Inc.	94,530		1,278,991
*Pulte Group, Inc.	51,784		677,853
*Radio One, Inc.	34,176		172,247
*RC2 Corp.	17,583		323,000
*Red Lion Hotels Corp.	27,976		213,737
*Red Robin Gourmet Burgers, Inc.	41,775		1,019,728
#Regis Corp.	56,300		1,076,456
*Rent-A-Center, Inc.	50,497		1,303,833
*Retail Ventures, Inc.	80,824		874,516
*Rex Stores Corp.	4,050		69,498
RG Barry Corp.	700		7,203

43

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Consumer Discretionary — (Continued)
*Rick’s Cabaret International, Inc.	9,575	$	118,443
#*Rocky Brands, Inc.	10,229		100,551
#*Royal Caribbean Cruises, Ltd.	322,500		11,558,400
*Rubio’s Restaurants, Inc.	11,208		90,224
*Ruby Tuesday, Inc.	21,400		239,466
*Saga Communications, Inc.	6,520		179,626
#*Saks, Inc.	51,700		504,075
*Salem Communications Corp.	5,831		26,531
Scholastic Corp.	38,300		1,034,483
#*Sears Holdings Corp.	137,850		16,672,958
Service Corp. International	271,956		2,442,165
*Shiloh Industries, Inc.	25,710		209,022
*Shoe Carnival, Inc.	31,193		862,798
*Sinclair Broadcast Group, Inc. Class A	76,006		523,681
*Skechers U.S.A., Inc. Class A	49,610		1,902,544
Skyline Corp.	5,123		119,417
Spartan Motors, Inc.	16,427		101,355
Speedway Motorsports, Inc.	71,117		1,155,651
*Sport Chalet, Inc. Class A	875		2,669
#*Sport Chalet, Inc. Class B	299		1,011
Sport Supply Group, Inc.	18,708		250,874
Stage Stores, Inc.	60,550		923,388
Standard Motor Products, Inc.	26,500		282,490
*Standard Pacific Corp.	101,331		649,532
*Stanley Furniture, Inc.	12,564		124,007
*Steinway Musical Instruments, Inc.	8,034		153,931
Stewart Enterprises, Inc.	65,424		443,575
*Stoneridge, Inc.	17,667		190,627
*Strattec Security Corp.	5,556		150,123
Superior Industries International, Inc.	40,100		676,086
*Syms Corp.	5,500		50,105
Systemax, Inc.	7,773		180,567
*Tandy Brands Accessories, Inc.	10,432		42,145
*Tandy Leather Factory, Inc.	500		2,270
*Timberland Co. Class A	3,300		70,950
Time Warner Cable, Inc.	693,942		39,034,238
Time Warner, Inc.	1,534,860		50,773,169
#*Toll Brothers, Inc.	203,299		4,588,458
*Trans World Entertainment Corp.	5,781		13,470
*TRW Automotive Holdings Corp.	153,112		4,931,738
*Tuesday Morning Corp.	60,500		341,825
*Unifi, Inc.	163,482		626,136
UniFirst Corp.	14,500		708,615
#*Vail Resorts, Inc.	6,570		299,855
Walt Disney Co. (The)	1,135,556		41,833,883
Washington Post Co.	4,880		2,474,941
#*West Marine, Inc.	26,563		317,959
#Whirlpool Corp.	88,001		9,580,669
Williams-Sonoma, Inc.	11,805		339,984
Wyndham Worldwide Corp.	240,716		6,453,596
Total Consumer Discretionary			538,716,501
Consumer Staples — (6.1%)
Andersons, Inc. (The)	9,900		357,786
Archer-Daniels-Midland Co.	696,262		19,453,560
B&G Foods, Inc.	53,573		553,409
Bunge, Ltd.	101,700		5,385,015
*Cagle’s, Inc. Class A	600		3,750
CCA Industries, Inc.	8,323		46,359
*Central European Distribution Corp.	57,775		2,001,904
*Central Garden & Pet Co.	37,832		424,853

44

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares		Value†
Consumer Staples — (Continued)
*Central Garden & Pet Co. Class A	44,862		$	463,424
#*Chiquita Brands International, Inc.	70,190			1,055,658
*Constellation Brands, Inc. Class A	197,663	��		3,611,303
*Constellation Brands, Inc. Class B	12,715			235,227
Corn Products International, Inc.	64,392			2,318,112
*Craft Brewers Alliance, Inc.	2,546			6,365
CVS Caremark Corp.	1,366,254			50,455,760
Del Monte Foods Co.	342,870			5,122,478
Dr Pepper Snapple Group, Inc.	70,494			2,307,269
*Elizabeth Arden, Inc.	22,900			417,009
Farmer Brothers Co.	20,704			387,372
#*Great Atlantic & Pacific Tea Co.	1,900			15,295
Griffin Land & Nurseries, Inc. Class A	1,500			43,875
#*Hain Celestial Group, Inc.	63,205			1,250,195
*Harbinger Group, Inc.	3,064			20,498
*HQ Sustainable Maritime Industries, Inc.	10,070			57,298
Imperial Sugar Co.	10,122			162,256
Ingles Markets, Inc.	9,998			160,268
Inter Parfums, Inc.	3,525			60,912
J.M. Smucker Co.	97,687			5,965,745
*John B. Sanfilippo & Son, Inc.	9,100			136,773
Kraft Foods, Inc.	1,355,054			40,109,598
Mannatech, Inc.	13,238			51,099
*MGP Ingredients, Inc.	7,785			60,489
Molson Coors Brewing Co.	190,750			8,461,670
Molson Coors Brewing Co. Class A	1,908			83,141
*NBTY, Inc.	66,334			2,698,467
*Nutraceutical International Corp.	20,022			309,740
*Omega Protein Corp.	33,225			177,754
*Pantry, Inc.	14,500			229,390
*Parlux Fragrances, Inc.	556			1,145
*Physicians Formula Holdings, Inc.	947			2,860
*Prestige Brands Holdings, Inc.	116,810			1,137,729
#*Ralcorp Holdings, Inc.	44,801			2,981,507
Safeway, Inc.	317,674			7,497,106
*Seneca Foods Corp. Class B	300			9,798
#*Smart Balance, Inc.	28,450			189,192
#*Smithfield Foods, Inc.	176,173			3,301,482
Spartan Stores, Inc.	4,564			68,871
#SUPERVALU, Inc.	191,716			2,856,568
*Susser Holdings Corp.	9,700			104,469
Tasty Baking Co.	8,438			63,369
Tyson Foods, Inc. Class A	405,030			7,934,538
#Universal Corp.	18,490			957,412
#*Winn-Dixie Stores, Inc.	92,300			1,163,903
Total Consumer Staples				182,931,025
Energy — (13.2%)
Adams Resources & Energy, Inc.	6,758			127,794
*Allis-Chalmers Energy, Inc.	63,168			254,567
#Alon USA Energy, Inc.	36,500			266,815
Anadarko Petroleum Corp.	845,068			52,529,427
Apache Corp.	80,277			8,168,988
*Approach Resources, Inc.	7,782			69,649
*Atlas Energy, Inc.	6,703			241,844
*ATP Oil & Gas Corp.	38,800			708,488
*Baker Hughes, Inc.	63,448			3,157,186
*Barnwell Industries, Inc.	5,190			22,836
*Basic Energy Services, Inc.	58,596			598,265
Berry Petroleum Corp. Class A	22,717			735,349
#*Bill Barrett Corp.	18,377			626,288

45

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Energy — (Continued)
*Bristow Group, Inc.	41,500	$	1,606,465
*Bronco Drilling Co., Inc.	22,135		105,805
Cabot Oil & Gas Corp.	15,905		574,648
*Cal Dive International, Inc.	53,900		353,584
#*Carrizo Oil & Gas, Inc.	4,500		98,730
Chesapeake Energy Corp.	701,800		16,702,840
Chevron Corp.	127,469		10,381,075
Cimarex Energy Co.	105,300		7,168,824
*Complete Production Services, Inc.	68,227		1,029,545
ConocoPhillips	1,646,053		97,429,877
*CREDO Petroleum Corp.	278		2,697
*CVR Energy, Inc.	8,500		72,165
Delek US Holdings, Inc.	68,089		477,304
Devon Energy Corp.	18,219		1,226,685
*Double Eagle Petroleum Co.	3,969		18,853
#*Exterran Holdings, Inc.	65,289		1,903,174
General Maritime Corp.	12,382		100,418
*Geokinetics, Inc.	12,504		109,285
*GeoMet, Inc.	18,020		24,327
*GeoResources, Inc.	7,525		129,129
*Global Industries, Ltd.	15,300		102,510
*Gulfmark Offshore, Inc.	37,045		1,276,941
*Harvest Natural Resources, Inc.	32,900		290,507
*Helix Energy Solutions Group, Inc.	93,310		1,360,460
Helmerich & Payne, Inc.	81,404		3,306,630
*Hercules Offshore, Inc.	83,800		331,848
Hess Corp.	369,557		23,485,347
*HKN, Inc.	17,831		54,919
Holly Corp.	8,300		224,100
#*Hornbeck Offshore Services, Inc.	9,800		239,806
*International Coal Group, Inc.	107,351		565,740
*Key Energy Services, Inc.	56,774		616,566
Lufkin Industries, Inc.	600		51,078
Marathon Oil Corp.	856,737		27,544,095
*Mitcham Industries, Inc.	6,824		49,883
#*Nabors Industries, Ltd.	276,982		5,974,502
National-Oilwell, Inc.	453,212		19,954,924
*Natural Gas Services Group, Inc.	16,360		293,335
#*Newfield Exploration Co.	66,338		3,860,208
*Newpark Resources, Inc.	101,220		676,150
Noble Energy, Inc.	59,044		4,510,962
#*Oil States International, Inc.	46,600		2,251,246
*OMNI Energy Services Corp.	1,000		3,320
#Overseas Shipholding Group, Inc.	31,709		1,587,353
*OYO Geospace Corp.	2,501		124,300
*Parker Drilling Co.	97,200		537,516
#*Patriot Coal Corp.	52,400		1,031,756
#Patterson-UTI Energy, Inc.	120,725		1,845,885
*Petroleum Development Corp.	12,059		282,301
*PHI, Inc. Non-Voting	23,117		480,602
*PHI, Inc. Voting	200		4,214
*Pioneer Drilling Co.	67,927		498,584
Pioneer Natural Resources Co.	164,693		10,561,762
*Plains Exploration & Production Co.	162,430		4,760,823
*Pride International, Inc.	119,278		3,617,702
*Rosetta Resources, Inc.	79,112		1,969,889
*Rowan Cos., Inc.	98,567		2,937,297
#*SEACOR Holdings, Inc.	36,653		3,085,083
*Seahawk Drilling, Inc.	4,268		71,105
Smith International, Inc.	106,785		5,100,052
Southern Union Co.	—		—

46

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Energy — (Continued)
*Stone Energy Corp.	16,671	$	271,737
Sunoco, Inc.	102,098		3,346,772
*Swift Energy Corp.	34,730		1,256,531
*T-3 Energy Services, Inc.	8,000		238,000
#Tesoro Petroleum Corp.	122,780		1,614,557
*Tetra Technologies, Inc.	36,718		451,264
*TGC Industries, Inc.	826		3,405
Tidewater, Inc.	42,807		2,294,883
*Union Drilling, Inc.	28,464		188,716
#*Unit Corp.	57,000		2,722,890
*USEC, Inc.	163,200		979,200
Valero Energy Corp.	625,299		12,999,966
#*Western Refining, Inc.	55,400		296,944
*Whiting Petroleum Corp.	69,755		6,300,969
#*Willbros Group, Inc.	3,700		46,435
XTO Energy, Inc.	397,536		18,890,911
Total Energy			394,447,407
Financials — (24.1%)
1st Source Corp.	47,839		915,160
21st Century Holding Co.	19,667		71,785
Abington Bancorp, Inc.	62,892		598,103
Access National Corp.	200		1,252
*Affirmative Insurance Holdings, Inc.	14,714		67,979
*Allegheny Corp.	10,757		3,196,550
Alliance Bancorp, Inc. of Pennsylvania	600		4,998
Allstate Corp. (The)	480,637		15,702,411
American Capital, Ltd.	117,520		721,573
American Equity Investment Life Holding Co.	88,700		933,124
American Financial Group, Inc.	199,200		5,862,456
*American Independence Corp.	866		4,850
American National Insurance Co.	48,061		5,294,400
*American Safety Insurance Holdings, Ltd.	12,075		195,373
#*AmeriCredit Corp.	224,750		5,380,515
Ameriprise Financial, Inc.	67,304		3,120,213
Ameris Bancorp	36,269		403,674
*AMERISAFE, Inc.	7,958		136,082
*AmeriServe Financial, Inc.	33,075		74,088
*Arch Capital Group, Ltd.	25,415		1,920,866
Argo Group International Holdings, Ltd.	34,700		1,144,753
Aspen Insurance Holdings, Ltd.	89,116		2,404,350
#*Asset Acceptance Capital Corp.	6,490		47,766
Associated Banc-Corp	95,623		1,389,402
Assured Guaranty, Ltd.	122,989		2,650,413
Asta Funding, Inc.	6,765		52,293
#*Atlantic Coast Federal Corp.	2,955		8,126
*Avatar Holdings, Inc.	21,050		501,832
Axis Capital Holdings, Ltd.	75,173		2,343,142
#*B of I Holding, Inc.	16,455		290,102
Baldwin & Lyons, Inc.	300		7,125
Baldwin & Lyons, Inc. Class B	8,114		203,580
Bancorp Rhode Island, Inc.	384		11,009
*Bancorp, Inc.	23,675		209,997
#BancTrust Financial Group, Inc.	34,553		213,883
Bank Mutual Corp.	51,800		368,816
Bank of America Corp.	6,325,765		112,788,390
Bank of New York Mellon Corp. (The)	251,332		7,823,965
*BankAtlantic Bancorp, Inc.	45,977		120,460
BankFinancial Corp.	43,669		421,843
#Banner Corp.	13,022		73,835
#BB&T Corp.	144,480		4,802,515

47

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
Berkshire Hills Bancorp, Inc.	22,974	$	482,454
#BlackRock, Inc.	11,600		2,134,400
Boston Private Financial Holdings, Inc.	85,168		675,382
Brookline Bancorp, Inc.	23,727		260,760
*Cadence Financial Corp.	24,680		73,793
Capital City Bank Group, Inc.	14,196		249,708
Capital One Financial Corp.	501,240		21,758,828
Capital Southwest Corp.	7,359		692,114
#CapitalSource, Inc.	114,528		683,732
#*Capitol Bancorp, Ltd.	10,904		26,606
Cardinal Financial Corp.	20,986		229,797
Carver Bancorp, Inc.	600		4,956
Cascade Financial Corp.	8,571		17,228
#Cathay General Bancorp	50,900		629,633
Center Bancorp, Inc.	1,346		11,199
*Center Financial Corp.	34,528		232,719
*Central Jersey Bancorp	8,049		29,781
Centrue Financial Corp.	300		1,044
Century Bancorp, Inc. Class A	1,206		23,336
CFS Bancorp, Inc.	14,148		70,457
Chemical Financial Corp.	21,541		510,522
*Chicopee Bancorp, Inc.	1,000		12,730
Chubb Corp.	175,645		9,286,351
Cincinnati Financial Corp.	208,205		5,913,022
*Citigroup, Inc.	5,515,388		24,102,246
Citizens Community Bancorp, Inc.	10,355		44,009
Citizens South Banking Corp.	1,842		12,636
CME Group, Inc.	76,377		25,082,971
#*CNA Financial Corp.	313,566		8,817,476
*CNA Surety Corp.	59,978		1,005,831
CoBiz Financial, Inc.	37,574		268,278
Codorus Valley Bancorp, Inc.	115		983
Colony Bankcorp, Inc.	200		1,476
Columbia Banking System, Inc.	47,827		1,075,151
Comerica, Inc.	195,322		8,203,524
Community Bank System, Inc.	2,386		58,863
*Community West Bancshares	400		1,264
#*CompuCredit Holdings Corp.	79,252		474,719
#*Conseco, Inc.	60		354
*Crescent Financial Corp.	18,440		67,859
#CVB Financial Corp.	2,102		23,143
Delphi Financial Group, Inc. Class A	39,963		1,098,982
Discover Financial Services	348,682		5,390,624
Donegal Group, Inc. Class A	35,687		514,963
Donegal Group, Inc. Class B	300		5,326
#*Doral Financial Corp.	11,332		61,079
East West Bancorp, Inc.	100,365		1,966,150
Eastern Insurance Holdings, Inc.	23,326		239,091
Eastern Virginia Bankshares, Inc.	300		2,325
EMC Insurance Group, Inc.	20,727		502,837
*Encore Bancshares, Inc.	6,800		69,972
#*Encore Capital Group, Inc.	35,361		813,657
Endurance Specialty Holdings, Ltd.	76,288		2,811,213
*Enstar Group, Ltd.	900		59,508
Enterprise Bancorp, Inc.	400		4,972
Enterprise Financial Services Corp.	17,163		180,383
ESB Financial Corp.	1,000		14,300
ESSA Bancorp, Inc.	16,670		210,542
Evans Bancorp, Inc.	400		6,028
Everest Re Group, Ltd.	37,407		2,867,247
#F.N.B. Corp.	135,507		1,262,925

48

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
Farmers Capital Bank Corp.	1,547	$	13,041
#FBL Financial Group, Inc. Class A	40,435		1,044,840
Federal Agricultural Mortgage Corp.	9,309		209,639
Federal Agricultural Mortgage Corp. Class A	177		2,857
Fidelity Bancorp, Inc.	400		3,498
Fidelity National Financial, Inc.	24,362		369,815
#*Fidelity Southern Corp.	6,453		57,562
Fifth Third Bancorp	672,232		10,022,979
Financial Institutions, Inc.	4,728		76,026
*First Acceptance Corp.	39,006		77,622
First American Corp.	50,284		1,738,318
#First Bancorp (318672102)	56,576		119,941
First Bancorp (318910106)	13,802		225,111
*First Bancshares, Inc. (318687100)	400		3,450
First Bancshares, Inc. (318916103)	300		2,778
First Busey Corp.	31,748		160,327
First Business Financial Services, Inc.	300		3,000
First Citizens BancShares, Inc.	13,966		2,876,996
First Defiance Financial Corp.	10,257		138,469
#First Federal Bancshares of Arkansas, Inc.	800		2,712
*First Federal of Northern Michigan Bancorp, Inc.	1,100		1,650
First Financial Holdings, Inc.	9,823		138,701
First Financial Northwest, Inc.	26,672		172,034
First Financial Service Corp.	900		7,641
*First Horizon National Corp.	18,806		266,105
First M&F Corp.	100		452
First Merchants Corp.	25,622		223,936
First Mercury Financial Corp.	20,314		266,317
First Midwest Bancorp, Inc.	58,300		886,160
First Niagara Financial Group, Inc.	57,877		804,490
*First Pactrust Bancorp, Inc.	900		7,695
First Place Financial Corp.	21,198		107,686
First Security Group, Inc.	17,516		50,096
First South Bancorp, Inc.	2,786		38,837
#First United Corp.	500		3,325
*FirstCity Financial Corp.	5,872		42,807
Flagstone Reinsurance Holdings, Ltd.	38,533		429,643
Flushing Financial Corp.	33,320		453,485
#FNB United Corp.	20,714		36,664
#*Forest City Enterprises, Inc. Class A	22,899		353,790
*FPIC Insurance Group, Inc.	13,795		375,500
#Fulton Financial Corp.	169,790		1,782,795
German American Bancorp, Inc.	11,712		186,338
GFI Group, Inc.	13,837		95,475
Goldman Sachs Group, Inc. (The)	805		116,886
Great Southern Bancorp, Inc.	5,500		134,145
#*Greene Bancshares, Inc.	25,523		322,611
*Greenlight Capital Re, Ltd.	5,300		135,786
GS Financial Corp.	400		5,458
*Guaranty Bancorp	89,212		140,063
*Guaranty Federal Bancshares, Inc.	1,684		10,576
*Hallmark Financial Services, Inc.	27,634		323,594
Hampden Bancorp, Inc.	5,886		57,683
Hanover Insurance Group, Inc.	94,280		4,247,314
*Harris & Harris Group, Inc.	20,092		97,446
Hartford Financial Services Group, Inc.	431,694		12,333,498
HCC Insurance Holdings, Inc.	37,247		1,012,746
Heartland Financial USA, Inc.	7,912		151,198
*Heritage Commerce Corp.	24,571		135,632
*Heritage Financial Corp.	5,177		79,260
HF Financial Corp.	400		4,612

49

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
*Hilltop Holdings, Inc.	21,381	$	250,799
Hingham Institution for Savings	500		18,465
*HMN Financial, Inc.	3,996		25,734
Home Federal Bancorp, Inc.	24,131		384,407
HopFed Bancorp, Inc.	4,019		53,995
Horace Mann Educators Corp.	54,928		945,311
Horizon Bancorp	300		6,600
#Huntington Bancshares, Inc.	400,935		2,714,330
Independence Holding Co.	22,770		182,388
Infinity Property & Casualty Corp.	30,533		1,408,487
*Intervest Bancshares Corp.	4,036		25,225
Invesco, Ltd.	108,700		2,499,013
*Investment Technology Group, Inc.	1,600		27,792
Investors Title Co.	1,100		35,750
Jones Lang LaSalle, Inc.	25,800		2,035,104
JPMorgan Chase & Co.	1,125,368		47,918,169
Kentucky First Federal Bancorp	2,800		27,748
KeyCorp	682,480		6,155,970
#Lakeland Bancorp, Inc.	14,367		150,854
Landmark Bancorp, Inc.	1,620		25,936
Legacy Bancorp, Inc.	21,709		203,413
Legg Mason, Inc.	119,817		3,797,001
Lincoln National Corp.	460,953		14,100,552
LNB Bancorp, Inc.	12,489		68,565
Loews Corp.	747,772		27,847,029
*Louisiana Bancorp, Inc.	5,606		82,969
LSB Corp.	800		11,192
#M&T Bank Corp.	61,771		5,395,697
#*Macatawa Bank Corp.	20,712		40,388
*Magyar Bancorp, Inc.	500		2,270
MainSource Financial Group, Inc.	49,169		397,777
*Marlin Business Services Corp.	15,208		175,044
Marshall & Ilsley Corp.	70,160		638,456
Max Capital Group, Ltd.	48,337		1,077,915
MB Financial, Inc.	6,520		159,740
*MBIA, Inc.	337,600		3,234,208
MBT Financial Corp.	23,713		69,242
Meadowbrook Insurance Group, Inc.	106,876		844,320
Medallion Financial Corp.	24,860		198,880
#*Mercantile Bancorp, Inc.	163		522
Mercantile Bank Corp.	3,316		19,797
Mercer Insurance Group, Inc.	14,986		274,993
*Meridian Interstate Bancorp, Inc.	3,096		35,666
Meta Financial Group, Inc.	1,401		38,962
MetLife, Inc.	805,008		36,692,265
*Metro Bancorp, Inc.	1,121		15,212
*MetroCorp Bancshares, Inc.	2,300		8,096
#*MF Global Holdings, Ltd.	53,200		490,504
*MGIC Investment Corp.	30,175		314,725
MicroFinancial, Inc.	5,900		23,600
Morgan Stanley	29,160		881,215
MutualFirst Financial, Inc.	2,300		20,677
#*Nara Bancorp, Inc.	42,818		385,362
*National Financial Partners Corp.	33,400		514,026
National Penn Bancshares, Inc.	56,814		415,878
National Western Life Insurance Co. Class A	900		172,026
*Navigators Group, Inc.	5,827		233,838
Nelnet, Inc. Class A	30,100		600,796
*New Century Bancorp, Inc.	600		3,618
New Hampshire Thrift Bancshares, Inc.	2,300		25,139
New Westfield Financial, Inc.	31,596		287,524

50

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
New York Community Bancorp, Inc.	27,900	$	459,513
NewAlliance Bancshares, Inc.	169,860		2,213,276
*NewBridge Bancorp	6,172		29,317
*Newport Bancorp, Inc.	700		8,488
*NewStar Financial, Inc.	49,175		376,680
*North Valley Bancorp	4,538		12,026
Northeast Community Bancorp, Inc.	18,190		111,141
#Northfield Bancorp, Inc.	2,770		40,885
Northrim Bancorp, Inc.	6,115		105,545
NYMAGIC, Inc.	12,875		285,825
NYSE Euronext, Inc.	206,731		6,745,633
#*Ocwen Financial Corp.	2,100		24,255
Old National Bancorp	2,000		26,820
Old Republic International Corp.	333,632		5,007,816
Old Second Bancorp, Inc.	26,916		153,960
OneBeacon Insurance Group, Ltd.	24,132		391,421
Osage Bancshares, Inc.	600		5,163
#*Pacific Mercantile Bancorp	16,756		83,612
*Pacific Premier Bancorp, Inc.	200		992
Pamrapo Bancorp, Inc.	2,200		16,742
Parkvale Financial Corp.	102		1,027
PartnerRe, Ltd.	10,478		812,883
#Patriot National Bancorp	2,700		6,075
#*Penson Worldwide, Inc.	33,200		312,080
Peoples Bancorp of North Carolina	300		2,109
Peoples Bancorp, Inc.	19,292		334,523
#*PHH Corp.	91,687		2,080,378
#*PICO Holdings, Inc.	5,724		203,488
#*Pinnacle Financial Partners, Inc.	27,599		421,713
*PMA Capital Corp.	38,457		264,200
PNC Financial Services Group, Inc.	222,505		14,954,561
Porter Bancorp, Inc.	1,654		23,404
#*Preferred Bank	9,898		19,202
Premier Financial Bancorp, Inc.	1,301		12,490
Presidential Life Corp.	23,327		274,792
Princeton National Bancorp, Inc.	1,100		9,889
*ProAssurance Corp.	10,410		634,490
Prosperity Bancshares, Inc.	33,062		1,296,692
Protective Life Corp.	75,553		1,818,561
Provident Financial Holdings, Inc.	544		3,264
Provident Financial Services, Inc.	97,245		1,281,689
Provident New York Bancorp	79,163		813,004
Prudential Financial, Inc.	335,685		21,336,139
Pulaski Financial Corp.	5,450		38,314
Radian Group, Inc.	217,050		3,079,940
Regions Financial Corp.	1,237,830		10,942,417
Reinsurance Group of America, Inc.	169,166		8,734,041
Renasant Corp.	53,507		884,471
*Republic First Bancorp, Inc.	7,211		26,897
Resource America, Inc.	19,388		114,583
*Riverview Bancorp, Inc.	17,087		60,659
Rome Bancorp, Inc.	12,761		109,745
Safety Insurance Group, Inc.	25,435		948,471
Sanders Morris Harris Group, Inc.	55,486		331,251
#Sandy Spring Bancorp, Inc.	29,829		520,516
Seabright Insurance Holdings	51,480		560,102
*Seacoast Banking Corp. of Florida	11,965		26,084
Selective Insurance Group, Inc.	82,800		1,383,588
*SI Financial Group, Inc.	6,062		38,676
Simmons First National Corp.	8,389		235,563
Somerset Hills Bancorp	4,111		36,259

51

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Financials — (Continued)
*Southcoast Financial Corp.	200	$	756
*Southern Community Financial Corp.	29,890		82,496
*Southern First Bancshares, Inc.	900		7,425
Southwest Bancorp, Inc.	31,985		468,900
State Auto Financial Corp.	68,262		1,221,207
StellarOne Corp.	19,587		292,042
Stewart Information Services Corp.	14,703		167,320
*Stratus Properties, Inc.	3,069		34,219
Student Loan Corp.	1,100		31,064
*Sun Bancorp, Inc.	26,458		142,873
SunTrust Banks, Inc.	561,161		16,610,366
#*Superior Bancorp	5,362		18,981
Susquehanna Bancshares, Inc.	124,870		1,361,083
#*SVB Financial Group	3,400		167,382
#*Taylor Capital Group, Inc.	13,335		182,690
Teche Holding Co.	600		19,188
TF Financial Corp.	600		11,400
*Thomas Weisel Partners Group, Inc.	26,875		210,969
*Tidelands Bancshares, Inc.	400		900
Timberland Bancorp, Inc.	3,000		14,730
#TowneBank	4,300		68,929
Transatlantic Holdings, Inc.	91,903		4,570,336
Travelers Cos., Inc. (The)	721,677		36,617,891
*Tree.com, Inc.	5,129		46,674
Umpqua Holdings Corp.	89,305		1,334,217
Unico American Corp.	1,900		18,050
Union First Market Bankshares Corp.	15,866		266,231
*United America Indemnity, Ltd.	20,328		193,116
#United Bankshares, Inc.	2,100		60,984
*United Community Banks, Inc.	43,448		253,736
United Financial Bancorp, Inc.	21,275		297,424
United Fire & Casualty Co.	41,412		947,092
*United PanAm Financial Corp.	14,353		47,078
#*United Security Bancshares	346		1,625
Unitrin, Inc.	90,527		2,647,915
*Unity Bancorp, Inc.	2,925		16,058
Unum Group	530,100		12,971,547
Validus Holdings, Ltd.	74,341		1,900,899
#*Virginia Commerce Bancorp, Inc.	38,257		272,772
Washington Banking Co.	6,594		94,888
Washington Federal, Inc.	103,780		2,134,755
*Waterstone Financial, Inc.	1,300		5,018
Webster Financial Corp.	44,870		929,706
Wells Fargo & Co.	86,329		2,858,353
WesBanco, Inc.	32,117		619,216
Wesco Financial Corp.	12,560		4,760,868
West Bancorporation	19,199		156,088
West Coast Bancorp	489		1,682
#*Western Alliance Bancorp	28,882		251,273
White Mountains Insurance Group, Ltd.	18,685		6,420,166
White River Capital, Inc.	300		4,371
#Whitney Holding Corp.	61,531		842,975
Wilshire Bancorp, Inc.	11,306		122,783
#Wintrust Financial Corp.	37,295		1,391,104
*World Acceptance Corp.	3,300		116,424
WR Berkley Corp.	21,887		590,949
WSB Holdings, Inc.	100		307
Yadkin Valley Financial Corp.	16,810		76,990
Zenith National Insurance Corp.	8,000		302,560
#Zions Bancorporation	116,880		3,357,962

52

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

		Shares	Value†
Financials — (Continued)
*ZipRealty, Inc.		11,317	$	49,795
Total Financials				721,450,933
Health Care — (5.0%)
*A.D.A.M., Inc.		7,504		28,140
*Adolor Corp.		5,304		10,343
Aetna, Inc.	��	486,790		14,384,644
#*Affymetrix, Inc.		8,578		59,531
*Albany Molecular Research, Inc.		35,737		285,896
*Allied Healthcare International, Inc.		65,062		182,824
*Allied Healthcare Products, Inc.		1,000		3,850
*American Dental Partners, Inc.		24,799		319,411
*AMN Healthcare Services, Inc.		7,691		70,296
*Amsurg Corp.		28,998		600,839
Analogic Corp.		9,500		454,290
*AngioDynamics, Inc.		37,093		593,488
*Anika Therapeutics, Inc.		17,185		121,154
*ARCA Biopharma, Inc.		440		2,301
#*Arena Pharmaceuticals, Inc.		6,100		19,825
Arrhythmia Research Technology, Inc.		1,200		9,540
*Assisted Living Concepts, Inc.		14,487		508,494
*BioClinica, Inc.		9,550		47,463
*BioScrip, Inc.		41,767		373,397
#*BMP Sunstone Corp.		12,854		69,026
*Boston Scientific Corp.		1,019,920		7,017,050
*Brookdale Senior Living, Inc.		85,092		1,829,478
*Cambrex Corp.		20,300		89,117
Cantel Medical Corp.		8,807		175,788
*Capital Senior Living Corp.		47,994		252,448
*Cardiac Science Corp.		16,696		26,046
Cardinal Health, Inc.		208,009		7,215,832
*CareFusion Corp.		123,039		3,393,416
*Celera Corp.		39,414		294,423
*Community Health Systems, Inc.		88,214		3,604,424
*Conmed Corp.		43,239		961,635
Cooper Cos., Inc.		52,556		2,043,903
*Coventry Health Care, Inc.		138,156		3,279,823
*Cross Country Healthcare, Inc.		35,618		356,892
*Cutera, Inc.		22,757		263,071
Daxor Corp.		545		6,104
*Digirad Corp.		26,648		58,892
#*Dynacq Healthcare, Inc.		909		2,454
#*Emeritus Corp.		279		6,250
*ev3, Inc.		6,316		120,825
*Five Star Quality Care, Inc.		21,100		62,456
*Gentiva Health Services, Inc.		28,510		817,667
#*Greatbatch, Inc.		17,658		394,480
*Health Net, Inc.		103,073		2,269,667
*HealthSpring, Inc.		86,917		1,529,739
*HealthTronics, Inc.		61,894		219,724
*Healthways, Inc.		20,167		328,520
Hill-Rom Holdings, Inc.		54,096		1,715,384
*Hologic, Inc.		288,724		5,159,498
*Humana, Inc.		144,020		6,584,594
*IntegraMed America, Inc.		3,874		33,084
Invacare Corp.		26,628		703,778
*InVentiv Health, Inc.		5,419		124,800
*Inverness Medical Innovations, Inc.		74,130		2,948,891
*Kendle International, Inc.		11,329		187,495
Kewaunee Scientific Corp.		1,631		21,513
*Kindred Healthcare, Inc.		43,118		769,225

53

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Health Care — (Continued)
#*King Pharmaceuticals, Inc.	426,520	$	4,179,896
*LCA-Vision, Inc.	25,865		218,042
*LeMaitre Vascular, Inc.	5,200		25,688
#*LifePoint Hospitals, Inc.	82,208		3,138,701
#*Martek Biosciences Corp.	18,270		402,488
*Maxygen, Inc.	5,200		33,332
*MedCath Corp.	28,744		285,715
*Medical Action Industries, Inc.	31,829		377,810
#*MediciNova, Inc.	623		4,043
Medicis Pharmaceutical Corp. Class A	600		15,228
*MEDTOX Scientific, Inc.	13,327		170,719
*Misonix, Inc.	4,083		9,146
*Molina Healthcare, Inc.	12,070		352,082
*Nanosphere, Inc.	2,402		15,133
*National Dentex Corp.	400		6,792
*Nighthawk Radiology Holdings, Inc.	11,000		40,700
*NovaMed, Inc.	32,204		105,629
Omnicare, Inc.	197,388		5,485,413
*Osteotech, Inc.	24,810		105,442
*Palomar Medical Technologies, Inc.	5,100		64,056
*PDI, Inc.	20,276		183,903
PerkinElmer, Inc.	6,600		165,330
*Prospect Medical Holdings, Inc.	14,374		96,881
#*Psychiatric Solutions, Inc.	47,848		1,539,270
*Regeneration Technologies, Inc.	35,087		134,383
#*Res-Care, Inc.	40,983		477,042
*Sirona Dental Systems, Inc.	21,400		892,166
*Skilled Healthcare Group, Inc.	29,820		199,496
#*SonoSite, Inc.	2,287		76,660
*Spectranetics Corp.	11,878		81,008
*SRI/Surgical Express, Inc.	1,600		8,064
*Sun Healthcare Group, Inc.	26,710		238,787
*SunLink Health Systems, Inc.	1,750		4,638
*Symmetry Medical, Inc.	16,828		194,532
Teleflex, Inc.	14,551		892,267
*Theragenics Corp.	21,383		32,930
*Thermo Fisher Scientific, Inc.	456,141		25,215,474
*TomoTherapy, Inc.	25,707		100,000
#*Triple-S Management Corp.	13,854		252,143
*Universal American Corp.	85,628		1,314,390
*Viropharma, Inc.	72,554		922,887
*Vital Images, Inc.	20,078		316,831
*WellCare Health Plans, Inc.	22,500		644,175
*WellPoint, Inc.	501,340		26,972,092
Young Innovations, Inc.	2,919		73,471
Total Health Care			149,078,013
Industrials — (11.6%)
*A.T. Cross Co.	18,431		86,810
*AAR Corp.	15,400		375,452
Aceto Corp.	9,213		61,451
Aircastle, Ltd.	54,200		650,942
Alamo Group, Inc.	25,037		589,872
*Alaska Air Group, Inc.	59,445		2,461,617
Albany International Corp.	16,661		424,356
Alexander & Baldwin, Inc.	66,441		2,363,971
*Allied Defense Group, Inc.	12,470		66,590
*Allied Motion Technologies, Inc.	262		1,056
*Altra Holdings, Inc.	3,245		49,194
*Amerco, Inc.	30,877		1,928,269
American Railcar Industries, Inc.	16,364		267,551

54

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Industrials — (Continued)
*American Reprographics Co.	5,977	$	59,710
Ameron International Corp.	7,300		506,547
*AMREP Corp.	966		14,007
Apogee Enterprises, Inc.	25,200		346,248
Applied Industrial Technologies, Inc.	53,325		1,641,343
Arkansas Best Corp.	25,200		767,592
#*Armstrong World Industries, Inc.	94,043		4,095,573
*ATC Technology Corp.	13,041		266,558
*Atlas Air Worldwide Holdings, Inc.	2,100		116,067
#Baldor Electric Co.	19,655		754,949
Barnes Group, Inc.	42,700		888,160
Barrett Business Services, Inc.	14,200		218,680
*BE Aerospace, Inc.	16,300		484,273
#*BlueLinx Holdings, Inc.	43,341		217,138
Bowne & Co., Inc.	23,251		259,946
Briggs & Stratton Corp.	31,600		750,184
*BTU International, Inc.	1,900		11,362
#*C&D Technologies, Inc.	25,938		37,610
*CAI International, Inc.	12,599		171,472
Cascade Corp.	10,500		366,030
*Casella Waste Systems, Inc.	5,416		27,947
CDI Corp.	50,348		877,566
*CECO Environmental Corp.	9,578		50,955
*Celadon Group, Inc.	28,818		430,253
*Ceradyne, Inc.	5,800		128,760
*Champion Industries, Inc.	1,886		3,357
*Chart Industries, Inc.	3,000		68,970
Chicago Rivet��& Machine Co.	300		4,866
CIRCOR International, Inc.	12,696		437,504
*Columbus McKinnon Corp.	47,311		853,017
Comfort Systems USA, Inc.	2,600		36,608
CompX International, Inc.	700		7,735
*Consolidated Graphics, Inc.	33,700		1,412,367
*Cornell Cos., Inc.	11,300		310,750
Courier Corp.	3,211		55,197
*Covenant Transportation Group, Inc.	6,518		48,233
*CPI Aerostructures, Inc.	5,826		52,143
CSX Corp.	562,627		31,535,243
Ducommun, Inc.	16,159		369,880
*Dycom Industries, Inc.	35,250		374,355
#*Eagle Bulk Shipping, Inc.	19,733		114,254
Eastern Co.	10,193		165,636
Eaton Corp.	109,451		8,445,239
Ecology & Environment, Inc. Class A	900		11,898
Encore Wire Corp.	2,148		47,707
*EnerSys, Inc.	58,639		1,517,577
Ennis, Inc.	43,200		798,768
#*EnPro Industries, Inc.	18,412		581,451
Espey Manufacturing & Electronics Corp.	1,864		35,975
*Esterline Technologies Corp.	25,194		1,405,321
*ExpressJet Holdings, Inc.	10,860		43,440
Federal Signal Corp.	31,295		252,238
FedEx Corp.	184,382		16,596,224
*Flow International Corp.	3,900		12,324
*Franklin Covey Co.	11,416		89,958
*Frozen Food Express Industries, Inc.	8,986		40,437
G & K Services, Inc. Class A	29,714		816,838
Gardner Denver Machinery, Inc.	1,519		76,390
#GATX Corp.	65,445		2,136,125
#*Genco Shipping & Trading, Ltd.	2,886		66,840
*Gencor Industries, Inc.	8,766		68,550

55

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Industrials — (Continued)
General Electric Co.	3,487,657	$	65,777,211
*Gibraltar Industries, Inc.	53,888		809,398
*GP Strategies Corp.	19,900		160,593
Great Lakes Dredge & Dock Corp.	69,683		377,682
*Greenbrier Cos., Inc.	16,525		269,027
*Griffon Corp.	45,266		638,251
*H&E Equipment Services, Inc.	66,829		789,250
Hardinge, Inc.	20,625		206,250
Heidrick & Struggles International, Inc.	2,100		55,461
*Herley Industries, Inc.	5,800		84,970
*Hertz Global Holdings, Inc.	389,227		5,628,222
*Hoku Corp.	400		1,180
Horizon Lines, Inc.	3,300		18,051
*Hudson Highland Group, Inc.	35,619		199,823
*Hurco Cos., Inc.	8,210		159,767
*Insituform Technologies, Inc.	700		16,779
Insteel Industries, Inc.	9,933		121,779
#*Interline Brands, Inc.	74,162		1,543,311
International Shipholding Corp.	9,397		285,105
*Intersections, Inc.	34,178		182,169
#*JetBlue Airways Corp.	170,900		955,331
*Kadant, Inc.	4,057		81,181
#*Kansas City Southern.	61,464		2,492,365
KBR, Inc.	52,550		1,160,304
*Kelly Services, Inc. Class A	44,445		714,676
Kennametal, Inc.	16,856		553,888
*Key Technology, Inc.	3,199		44,370
*Kforce, Inc.	12,247		170,111
Kimball International, Inc. Class B	25,521		205,189
#*Korn/Ferry International	7,500		121,575
L.S. Starrett Co. Class A	4,097		47,320
L-3 Communications Holdings, Inc.	23,933		2,239,411
*Ladish Co., Inc.	45,562		1,252,499
Lawson Products, Inc.	1,959		31,834
*Layne Christensen Co.	3,400		93,092
*LECG Corp.	26,189		87,995
*LGL Group, Inc.	400		3,140
*LMI Aerospace, Inc.	13,807		238,309
LSI Industries, Inc.	24,154		169,803
*Lydall, Inc.	14,201		114,460
*M&F Worldwide Corp.	29,869		915,784
#Manitowoc Co., Inc. (The)	516		7,229
*Manpower, Inc.	40,067		2,247,759
*Marten Transport, Ltd.	31,777		694,327
Masco Corp.	27,020		438,535
McGrath Rentcorp	8,390		218,056
*Metalico, Inc.	42,659		281,549
*MFRI, Inc.	8,800		59,752
Miller Industries, Inc.	20,010		286,143
#*Mobile Mini, Inc.	54,461		905,142
*Moog, Inc.	22,265		827,590
Mueller Industries, Inc.	15,299		453,615
Mueller Water Products, Inc.	136,335		763,476
NACCO Industries, Inc. Class A	9,765		848,969
National Technical Systems, Inc.	15,400		81,004
Norfolk Southern Corp.	399,637		23,710,463
Northrop Grumman Corp.	289,993		19,670,225
#*Northwest Pipe Co.	12,085		291,490
#*Ocean Power Technologies, Inc.	8,500		58,140
*On Assignment, Inc.	57,765		406,088
*Oshkosh Corp.	50,861		1,964,252

56

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Industrials — (Continued)
*Owens Corning	152,823	$	5,315,184
*P.A.M. Transportation Services, Inc.	20,690		327,730
*Park-Ohio Holdings Corp.	5,647		72,677
Pentair, Inc.	23,730		858,077
*PGT, Inc.	700		2,170
*Pike Electric Corp.	3,700		39,775
*Pinnacle Airlines Corp.	13,732		100,381
*Polypore International, Inc.	5,700		100,947
Portec Rail Products, Inc.	7,637		90,269
*PowerSecure International, Inc.	22,501		253,361
Providence & Worcester Railroad Co.	1,200		15,780
R. R. Donnelley & Sons Co.	136,985		2,943,808
*RCM Technologies, Inc.	19,013		78,143
*Republic Airways Holdings, Inc.	48,800		305,488
Republic Services, Inc.	353,593		10,971,991
*Rush Enterprises, Inc. Class A	31,175		505,658
*Rush Enterprises, Inc. Class B	18,522		254,863
Ryder System, Inc.	89,844		4,179,543
*Saia, Inc.	10,800		178,956
Schawk, Inc.	51,516		976,228
#*School Specialty, Inc.	27,776		651,625
Seaboard Corp.	2,041		2,979,880
*SFN Group, Inc.	47,178		403,372
SIFCO Industries, Inc.	6,623		91,795
SkyWest, Inc.	93,838		1,405,693
*SL Industries, Inc.	300		3,165
Southwest Airlines Co.	1,077,730		14,204,481
*Sparton Corp.	3,963		23,144
#SPX Corp.	9,754		681,610
Standex International Corp.	29,500		704,165
Steelcase, Inc. Class A	85,520		702,119
Superior Uniform Group, Inc.	8,978		92,384
*Supreme Industries, Inc.	1,140		3,306
*Sypris Solutions, Inc.	10,366		46,543
TAL International Group, Inc.	27,896		725,017
*Tech/Ops Sevcon, Inc.	96		488
Technology Research Corp.	11,621		61,708
*Tecumseh Products Co. Class A	11,200		143,136
*Tecumseh Products Co. Class B	1,400		18,368
#Textainer Group Holdings, Ltd.	200		4,592
Timken Co.	73,772		2,595,299
#Titan International, Inc.	25,647		318,279
#*Titan Machinery, Inc.	5,173		74,388
Todd Shipyards Corp.	8,732		138,664
*TRC Cos., Inc.	29,513		91,490
Tredegar Industries, Inc.	40,177		685,420
*Trimas Corp.	6,336		64,437
#Trinity Industries, Inc.	85,250		2,121,872
Triumph Group, Inc.	9,936		770,636
*Tufco Technologies, Inc.	1,000		4,360
#*Tutor Perini Corp.	40,023		971,358
Twin Disc, Inc.	10,658		150,491
*U.S. Home Systems, Inc.	4,314		15,056
Union Pacific Corp.	569,682		43,102,140
*United Capital Corp.	300		7,449
#*United Rentals, Inc.	22,200		318,792
Universal Forest Products, Inc.	31,800		1,337,190
*URS Corp.	86,998		4,467,347
*USA Truck, Inc.	15,305		281,918
#*USG Corp.	40,200		948,720
*Valpey Fisher Corp.	1,464		3,294

57

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Industrials — (Continued)
*Versar, Inc.	6,026	$	19,826
Viad Corp.	27,199		636,457
Virco Manufacturing Corp.	12,601		45,364
*Volt Information Sciences, Inc.	44,159		553,754
*Waste Services, Inc.	32,675		367,267
#Watts Water Technologies, Inc.	53,615		1,902,260
*WCA Waste Corp.	29,254		145,100
#*WESCO International, Inc.	9,056		367,855
*Willdan Group, Inc.	1,000		2,330
*Willis Lease Finance Corp.	7,300		102,492
Total Industrials			348,069,121
Information Technology — (4.9%)
*Acorn Energy, Inc.	1,230		6,937
*Actel Corp.	19,597		304,145
*ActivIdentity Corp.	70,301		205,982
Activision Blizzard, Inc.	982,162		10,882,355
*Adaptec, Inc.	166,097		513,240
*Adept Technology, Inc.	700		4,137
*Advanced Analogic Technologies, Inc.	15,762		59,896
Agilysys, Inc.	21,014		228,002
*Amtech Systems, Inc.	10,600		101,442
*Anadigics, Inc.	400		2,012
#*AOL, Inc.	51,712		1,207,992
#*Arris Group, Inc.	100,700		1,237,603
*Arrow Electronics, Inc.	182,170		5,556,185
Astro-Med, Inc.	2,626		19,958
#*ATMI, Inc.	3,100		56,203
*Aviat Networks, Inc.	45,592		296,348
*Avid Technology, Inc.	44,750		653,350
AVX Corp.	293,831		4,539,689
*Aware, Inc.	22,140		55,129
*AXT, Inc.	30,000		131,100
Bel Fuse, Inc. Class A	4,174		90,743
Bel Fuse, Inc. Class B	20,997		491,750
*Benchmark Electronics, Inc.	93,903		2,032,061
Black Box Corp.	26,600		829,654
*Brightpoint, Inc.	13,928		112,678
*Brooks Automation, Inc.	76,430		742,900
*Bsquare Corp.	5,200		13,520
*Cascade Microtech, Inc.	24,071		115,782
*Checkpoint Systems, Inc.	39,900		901,341
*Ciber, Inc.	42,600		169,122
Cognex Corp.	2,508		52,442
Cohu, Inc.	41,402		668,642
*Comarco, Inc.	5,608		14,132
Communications Systems, Inc.	12,753		163,749
*Computer Sciences Corp.	225,553		11,816,722
*Concurrent Computer Corp.	13,740		77,219
*Convergys Corp.	197,364		2,494,681
*CPI International, Inc.	19,865		266,787
*Cray, Inc.	17,673		119,469
*CSP, Inc.	2,414		8,304
CTS Corp.	34,200		359,100
*CyberOptics Corp.	9,134		101,296
*Datalink Corp.	5,600		25,200
*Dataram Corp.	11,134		26,499
*DDi Corp.	30,020		256,971
#*DealerTrack Holdings, Inc.	3,829		58,392
*Digi International, Inc.	35,811		383,536
*DSP Group, Inc.	56,748		463,631

58

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Information Technology — (Continued)
*Dynamics Research Corp.	16,586	$	237,180
*Edgewater Technology, Inc.	13,603		42,985
Electro Rent Corp.	46,027		657,726
*Electro Scientific Industries, Inc.	34,300		472,311
*Electronics for Imaging, Inc.	72,920		937,022
*EMS Technologies, Inc.	1,490		23,676
*Emulex Corp.	8,000		94,000
*Endwave Corp.	15,115		45,798
*Epicor Software Corp.	100,492		922,517
*ePlus, Inc.	6,954		129,414
*Euronet Worldwide, Inc.	26,035		414,738
*Exar Corp.	44,300		327,377
#Fair Isaac Corp.	4,800		101,088
*Fairchild Semiconductor Corp. Class A	144,238		1,618,350
*Frequency Electronics, Inc.	16,953		93,920
*Gerber Scientific, Inc.	50,097		360,698
*Globecomm Systems, Inc.	41,466		323,020
*GSI Technology, Inc.	29,771		192,618
*GTSI Corp.	8,203		52,499
*Hackett Group, Inc.	54,740		153,819
*Henry Bros. Electronics, Inc.	8,085		33,957
*Hutchinson Technology, Inc.	44,671		272,046
*Hypercom Corp.	57,162		237,222
*I.D. Systems, Inc.	13,298		43,484
*IAC/InterActiveCorp	178,991		4,012,978
*Ikanos Communications, Inc.	3,682		10,420
*Imation Corp.	46,631		505,480
*infoGROUP, Inc.	28,026		224,488
*InfoSpace, Inc.	65,156		682,183
*Ingram Micro, Inc.	277,679		5,042,651
*Insight Enterprises, Inc.	25,400		381,762
*Integrated Device Technology, Inc.	10,700		70,727
*Integrated Silicon Solution, Inc.	34,977		431,266
*Internap Network Services Corp.	37,646		217,594
*International Rectifier Corp.	80,500		1,853,110
#*Internet Brands, Inc.	37,562		388,767
*Internet Capital Group, Inc.	51,999		514,270
*Interphase Corp.	4,460		11,239
*Intevac, Inc.	34,600		481,632
*IntriCon Corp.	2,835		10,206
*INX, Inc.	500		2,420
*iPass, Inc.	5,584		8,041
*IXYS Corp.	16,184		146,142
Jabil Circuit, Inc.	139,558		2,138,029
*JDS Uniphase Corp.	107,790		1,400,192
Keithley Instruments, Inc.	4,026		34,261
*KEY Tronic Corp.	15,546		98,717
Keynote Systems, Inc.	18,330		201,263
*Kopin Corp.	6,410		26,986
*KVH Industries, Inc.	9,179		138,328
#*L-1 Identity Solutions, Inc.	111,378		965,647
*Lattice Semiconductor Corp.	131,578		693,416
*Littlefuse, Inc.	2,763		116,681
*LoJack Corp.	6,590		27,546
*LookSmart, Ltd.	27,679		38,197
#*Loral Space & Communications, Inc.	33,726		1,452,242
*Mace Security International, Inc.	1,091		944
Marchex, Inc.	38,553		202,789
*Measurement Specialties, Inc.	6,568		108,175
*Mentor Graphics Corp.	40,440		363,556
*Mercury Computer Systems, Inc.	18,341		235,865

59

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Information Technology — (Continued)
Methode Electronics, Inc.	74,204	$	823,664
#*Micron Technology, Inc.	619,016		5,787,800
*Microtune, Inc.	12,031		32,243
#*MKS Instruments, Inc.	82,222		1,864,795
*ModusLink Global Solutions, Inc.	68,955		615,768
*MoSys, Inc.	21,047		90,923
*Motorola, Inc.	1,973,711		13,954,137
#*Nanometrics, Inc.	46,005		492,254
*Newport Corp.	56,016		662,669
*Nu Horizons Electronics Corp.	18,632		67,075
*Occam Networks, Inc.	26,524		172,936
*OmniVision Technologies, Inc.	36,897		647,911
*Oplink Communications, Inc.	32,814		495,820
*Opnext, Inc.	26,356		61,937
*Optelecom-NKF, Inc.	4,229		9,642
*Optical Cable Corp.	9,195		30,068
*Orbcomm, Inc.	17,126		37,848
*PAR Technology Corp.	23,205		162,667
*PC Connection, Inc.	49,913		343,401
*PC Mall, Inc.	10,070		52,263
*PC-Tel, Inc.	49,969		325,298
*PDF Solutions, Inc.	793		3,925
*Perceptron, Inc.	4,904		23,098
*Perficient, Inc.	14,478		180,541
*Performance Technologies, Inc.	25,851		72,383
*Pericom Semiconductor Corp.	23,225		271,268
*Pervasive Software, Inc.	35,664		177,607
*Presstek, Inc.	7,000		32,340
•*Price Communications Liquidation Trust	47,738		6,520
Qualstar Corp.	12,400		24,180
*RadiSys Corp.	21,569		211,161
*RealNetworks, Inc.	167,359		694,540
*Reis, Inc.	15,919		95,196
Richardson Electronics, Ltd.	22,979		264,029
#*Rofin-Sinar Technologies, Inc.	11,100		294,816
#*Rovi Corp.	5,935		231,346
*Rudolph Technologies, Inc.	50,409		480,398
#*Sandisk Corp.	197,936		7,895,667
*SCM Microsystems, Inc.	18,612		28,849
*SeaChange International, Inc.	30,686		255,614
Servidyne, Inc.	7,283		24,544
#*Sigma Designs, Inc.	2,475		29,354
*Silicon Image, Inc.	29,804		110,871
#*Skyworks Solutions, Inc.	33,004		555,787
#*Smart Modular Technologies (WWH), Inc.	46,800		328,536
*SonicWALL, Inc.	103,238		1,045,801
*Spectrum Control, Inc.	20,295		282,100
*Standard Microsystems Corp.	33,319		855,632
*StarTek, Inc.	31,481		213,441
*Support.com, Inc.	58,408		254,659
Sycamore Networks, Inc.	47,495		939,926
*Symmetricom, Inc.	90,588		600,598
*Symyx Technologies, Inc.	72,692		396,171
#*SYNNEX Corp.	60,100		1,647,942
*Tech Data Corp.	85,452		3,665,891
*TechTarget, Inc.	10,800		52,380
*TechTeam Global, Inc.	19,326		119,048
Tellabs, Inc.	129,244		1,173,536
*Telular Corp.	24,670		75,490
Tessco Technologies, Inc.	9,546		242,850
TheStreet.com, Inc.	36,282		138,234

60

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Information Technology — (Continued)
*Tier Technologies, Inc.	3,839	$	32,132
*Tollgrade Communications, Inc.	19,226		122,277
*Triquint Semiconductor, Inc.	57,628		434,515
*TSR, Inc.	1,300		3,276
*TTM Technologies, Inc.	62,699		680,911
*Ultra Clean Holdings, Inc.	2,816		27,794
United Online, Inc.	51,420		409,817
*UTStarcom, Inc.	154,209		439,496
*Vicon Industries, Inc.	5,787		27,835
*Video Display Corp.	600		3,012
*Virage Logic Corp.	26,728		248,036
*Virtusa Corp.	39,100		402,339
#*Vishay Intertechnology, Inc.	213,119		2,218,569
*Web.com Group, Inc.	32,423		156,603
*WPCS International, Inc.	9,161		29,224
#Xerox Corp.	769,764		8,390,428
*Zoran Corp.	82,007		797,928
*Zygo Corp.	26,305		248,582
Total Information Technology			145,343,865
Materials — (3.5%)
A. Schulman, Inc.	23,818		619,506
*A.M. Castle & Co.	38,646		530,223
Alcoa, Inc.	1,145,369		15,393,759
*American Pacific Corp.	7,647		46,647
Ashland, Inc.	112,560		6,704,074
*Boise, Inc.	23,000		158,470
*Brush Engineered Materials, Inc.	16,720		497,086
*Buckeye Technologies, Inc.	37,822		534,047
*Bway Holding Co.	9,825		194,338
Cabot Corp.	82,293		2,677,814
Carpenter Technology Corp.	2,700		106,029
#*Coeur d’Alene Mines Corp.	35,520		636,518
Commercial Metals Co.	19,325		287,556
*Continental Materials Corp.	100		1,615
*Core Molding Technologies, Inc.	2,488		13,186
Cytec Industries, Inc.	64,700		3,109,482
Dow Chemical Co. (The)	915,598		28,227,886
#*Flotek Industries, Inc.	15,089		30,631
Friedman Industries, Inc.	17,453		103,322
*Graphic Packaging Holding Co.	27,647		102,017
Haynes International, Inc.	5,600		201,096
*Headwaters, Inc.	67,190		403,140
#*Hecla Mining Co.	9,000		53,730
*Horsehead Holding Corp.	16,770		199,228
ICO, Inc.	10,649		91,262
Innophos Holdings, Inc.	18,600		529,914
*Innospec, Inc.	4,811		64,034
International Paper Co.	492,615		13,172,525
Kaiser Aluminum Corp.	27,181		1,092,404
*KapStone Paper & Packaging Corp.	31,340		404,286
KMG Chemicals, Inc.	2,795		51,540
*Kronos Worldwide, Inc.	3,219		61,161
#*Louisiana-Pacific Corp.	153,257		1,802,302
MeadWestavco Corp.	188,451		5,120,214
Minerals Technologies, Inc.	4,300		248,110
*Mod-Pac Corp.	1,091		6,251
Myers Industries, Inc.	65,520		711,547
Neenah Paper, Inc.	23,100		404,250
NL Industries, Inc.	55,718		473,046
#*Northern Technologies International Corp.	3,000		28,440

61

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
Materials — (Continued)
#Olympic Steel, Inc.	5,500	$	174,790
#*OM Group, Inc.	42,299		1,596,787
P.H. Glatfelter Co.	50,000		734,500
*Penford Corp.	38,934		360,140
*PolyOne Corp.	117,993		1,334,501
Quaker Chemical Corp.	2,300		72,381
*Ready Mix, Inc.	2,439		5,561
Reliance Steel & Aluminum Co.	53,401		2,606,503
*Rock of Ages Corp.	1,200		4,200
#*RTI International Metals, Inc.	35,400		957,570
Schnitzer Steel Industries, Inc. Class A	5,700		307,800
Schweitzer-Maudoit International, Inc.	15,157		862,736
*Solutia, Inc.	2,500		44,000
*Spartech Corp.	29,320		417,517
#*Stillwater Mining Co.	22,462		379,608
Synalloy Corp.	5,144		50,617
Temple-Inland, Inc.	80,640		1,880,525
#Texas Industries, Inc.	46,594		1,763,117
#*Titanium Metals Corp.	7,100		109,482
*Universal Stainless & Alloy Products, Inc.	6,709		156,521
#Westlake Chemical Corp.	105,000		2,948,400
Weyerhaeuser Co.	30,564		1,513,529
#Worthington Industries, Inc.	64,670		1,032,780
*Zoltek Cos., Inc.	6,242		61,421
Total Materials			104,467,672
Other — (0.0%)
•*ePresence, Inc. Escrow Shares	6,400		—
•*MAIR Holdings, Inc. Escrow Shares	1,415		—
•#*Pelican Financial, Inc. Escrow Shares	300		—
•*Petrocorp, Inc. Escrow Shares	900		54
Total Other			54
Telecommunication Services — (4.2%)
*Arbinet Corp.	3,200		6,464
AT&T, Inc.	4,065,906		105,957,510
*General Communications, Inc. Class A	44,592		274,241
#*Sprint Nextel Corp	3,223,177		13,698,502
*SureWest Communications	13,340		114,724
Telephone & Data Systems, Inc.	80,200		2,779,732
Telephone & Data Systems, Inc. Special Shares	67,452		2,042,447
*United States Cellular Corp.	33,568		1,412,541
*Xeta Corp.	18,366		67,403
Total Telecommunication Services			126,353,564
Utilities — (1.1%)
*AES Corp.	477,199		5,506,876
*Calpine Corp.	348,775		4,753,803
Maine & Maritimes Corp.	1,600		69,888
*Mirant Corp.	172,860		2,015,548
Public Service Enterprise Group, Inc.	488,622		15,699,425
Questar Corp.	83,700		4,013,415
*RRI Energy, Inc.	278,428		1,133,202
Unitil Corp.	4,441		98,057
Total Utilities			33,290,214
TOTAL COMMON STOCKS			2,744,148,369
RIGHTS/WARRANTS — (0.0%)
•*Bank of Florida Corp. Rights 05/21/10	8,100		1,701

62

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares	Value†
•*Lantronix, Inc. Warrants	33	$	—
TOTAL RIGHTS/WARRANTS			1,701

	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (8.3%)
§@DFA Short Term Investment Fund	234,451,040	234,451,040
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.18%, 05/03/10 (Collateralized by $23,944,641 FHLMC 5.997%(r), 12/01/06 & FNMA 6.068%(r), 03/01/36, valued at $8,043,128) to be repurchased at $7,808,978	$7,809	7,808,862
@Repurchase Agreement, UBS Securities LLC 0.20%, 05/03/10 (Collateralized by $12,781,984 FNMA 5.000%, 10/01/18 & 6.000%, 12/01/36, valued at $5,059,641) to be repurchased at $4,911,001	4,911	4,910,919
TOTAL SECURITIES LENDING COLLATERAL		247,170,821
TOTAL INVESTMENTS — (100.0%) (Cost $2,583,241,627)		$2,991,320,891

63

(b) Not applicable.

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
	Co-Chief Executive Officer

Date: July 2, 2010

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 2, 2010

By:	/S/    DAVID R. MARTIN
	David R. Martin
	Principal Financial Officer
	Dimensional Investment Group Inc.

Date: July 2, 2010