Dfa Investment Trust 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 811-7436

THE DFA INVESTMENT TRUST COMPANY

(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, President and General Counsel

The DFA Investment Trust Company,

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, 2022 – April 30, 2023

ITEM 1. REPORTS TO STOCKHOLDERS.

Semi-Annual Report

Six Months Ended: April 30, 2023 (Unaudited)

DFA INVESTMENT DIMENSIONS GROUP INC. / DIMENSIONAL INVESTMENT GROUP INC. / THE DFA INVESTMENT TRUST COMPANY

DFA Investment Dimensions Group Inc.

Enhanced U.S. Large Company Portfolio	U.S. Core Equity 1 Portfolio	U.S. Micro Cap Portfolio
U.S. Large Cap Equity Portfolio	U.S. Core Equity 2 Portfolio	U.S. High Relative Profitability Portfolio
U.S. Large Cap Value Portfolio	U.S. Vector Equity Portfolio	DFA Real Estate Securities Portfolio
U.S. Targeted Value Portfolio	U.S. Small Cap Portfolio	DFA Commodity Strategy Portfolio
U.S. Small Cap Value Portfolio

Dimensional Investment Group Inc.

U.S. Large Company Portfolio

The DFA Investment Trust Company

The U.S. Large Cap Value Series

June 2023

Dear Shareholder,

Dimensional has a long history of putting financial science to work for investors around the world. We believe in the power of markets. We focus on the drivers of higher expected returns. We add value through implementation. And we’re committed to delivering an exceptional client experience to help investors pursue their goals.

We’ve been innovating on behalf of investors since 1981. We start with what clients are looking for and then determine how best to deliver flexible, low-cost, diversified strategies to meet those needs. Our ability to capture long-term premiums has led Dimensional to outperform benchmarks and peers over long periods of time and across strategies.

Whether you’re investing through mutual funds or ETFs, we believe investors can have a successful investment experience without having to outguess the market. On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.

Sincerely,

David P. Butler	Gerard O’Reilly
CO-CHIEF EXECUTIVE OFFICER	CO-CHIEF EXECUTIVE OFFICER and
	CHIEF INVESTMENT OFFICE

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes		1
Disclosure of Fund Expenses		3
Disclosure of Portfolio Holdings		6
Schedules of Investments/Summary Schedules of Portfolio Holdings
Enhanced U.S. Large Company Portfolio		8
U.S. Large Cap Equity Portfolio		13
U.S. Large Cap Value Portfolio		16
U.S. Targeted Value Portfolio		17
U.S. Small Cap Value Portfolio		21
U.S. Core Equity 1 Portfolio		25
U.S. Core Equity 2 Portfolio		29
U.S. Vector Equity Portfolio		33
U.S. Small Cap Portfolio		37
U.S. Micro Cap Portfolio		41
U.S. High Relative Profitability Portfolio		45
DFA Real Estate Securities Portfolio		48
Statements of Assets and Liabilities		50
Statements of Operations		53
Statements of Changes in Net Assets		56
Financial Highlights		60
Notes to Financial Statements		69
DFA Investment Dimensions Group Inc.
Consolidated Disclosure of Fund Expenses		89
Consolidated Disclosure of Portfolio Holdings		91
Consolidated Schedule of Investments
DFA Commodity Strategy Portfolio		92
Consolidated Statement of Assets and Liabilities		103
Consolidated Statement of Operations		104
Consolidated Statements of Changes in Net Assets		105
Consolidated Financial Highlights		106
Consolidated Notes to Financial Statements		107
Dimensional Investment Group Inc.
Disclosure of Fund Expenses		121
Disclosure of Portfolio Holdings		122
Summary Schedule of Portfolio Holdings
U.S. Large Company Portfolio		123
Statement of Assets and Liabilities		126
Statement of Operations		127
Statements of Changes in Net Assets		128
Financial Highlights		129
Notes to Financial Statements		130
The DFA Investment Trust Company
Disclosure of Fund Expenses		139
Disclosure of Portfolio Holdings		140
Summary Schedule of Portfolio Holdings
The U.S. Large Cap Value Series		141
Statement of Assets and Liabilities		144
Statement of Operations		145
Statements of Changes in Net Assets		146
Financial Highlights		147

i

TABLE OF CONTENTS

CONTINUED

	Page
Notes to Financial Statements		148
Voting Proxies on Fund Portfolio Securities		156
Statement Regarding Liquidity Risk Management Program		157
Board Approval of Investment Management Agreements		159

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

ii

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations
SA	Special Assessment
SOFR	Secured Overnight Financing Rate
REIT	Real Estate Investment Trust
USTMMR	U.S. Treasury Money Market Rate
AUD	Australian Dollars
CAD	Canadian Dollars
DKK	Danish Krone
GBP	British Pounds
SEK	Swedish Krona
USD	United States Dollar
NZD	New Zealand Dollars
Investment Footnotes
^	Denominated in USD, unless otherwise noted.
†	See Note B to Financial Statements.
W	Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.
(r)	The adjustable rate shown is effective as of April 30, 2023.
#	Total or Partial Securities on Loan.
∞	Rates reflect the effective yields at purchase date.
@	Security purchased with cash collateral received from Securities on Loan.
§	Affiliated Fund.
‡	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 in unaffiliated issuers 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.
~	Security pledged as collateral for Swap Agreements.
«	Security pledged as collateral for Futures Contracts.

1

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

Financial Highlights
**	The Net Investment Income (Loss) per share and the ratio of Net Investment Income to Average Net Assets includes the effect of an estimation related to a one time distribution from a real estate investment trust. Net Investment Income (Loss) per share, Net Gain (Loss) per share and the ratio of Net Investment Income to Average Net Assets for the DFA Real Estate Securities Portfolio would have been $0.92, $7.69 and 2.43%, respectively had the effect of this estimation not been considered.
(A)	Computed using average shares outstanding.
(B)	Non-Annualized
(C)	Annualized
(D)	Represents the combined ratios for the respective Portfolio and its respective pro-rata share of its Master Fund(s).
All Statements, Schedules and Notes to Financial Statements
—	Amounts designated as — are either zero, rounded to zero, or less than $500.
SEC	Securities and Exchange Commission

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 and 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” reflects 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, 2023

EXPENSE TABLES

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Enhanced U.S. Large Company Portfolio
Actual Fund Return	$	1,000.00	$	1,091.60		0.15	%	$	0.78
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.15	%	$	0.75
U.S. Large Cap Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,074.50		0.13	%	$	0.67
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.15		0.13	%	$	0.65

3

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
U.S. Large Cap Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,025.90		0.22	%	$	1.11
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.70		0.22	%	$	1.10
U.S. Targeted Value Portfolio
Actual Fund Return
Class R1 Shares	$	1,000.00	$	978.40		0.39	%	$	1.91
Class R2 Shares	$	1,000.00	$	978.10		0.54	%	$	2.65
Institutional Class Shares	$	1,000.00	$	979.30		0.29	%	$	1.42
Hypothetical 5% Annual Return
Class R1 Shares	$	1,000.00	$	1,022.86		0.39	%	$	1.96
Class R2 Shares	$	1,000.00	$	1,022.12		0.54	%	$	2.71
Institutional Class Shares	$	1,000.00	$	1,023.36		0.29	%	$	1.45
U.S. Small Cap Value Portfolio
Actual Fund Return	$	1,000.00	$	970.70		0.31	%	$	1.51
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.26		0.31	%	$	1.56
U.S. Core Equity 1 Portfolio
Actual Fund Return	$	1,000.00	$	1,062.10		0.15	%	$	0.77
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.15	%	$	0.75
U.S. Core Equity 2 Portfolio
Actual Fund Return	$	1,000.00	$	1,058.50		0.18	%	$	0.92
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.18	%	$	0.90
U.S. Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,010.30		0.28	%	$	1.40
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.41		0.28	%	$	1.40
U.S. Small Cap Portfolio
Actual Fund Return	$	1,000.00	$	992.70		0.27	%	$	1.33
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.46		0.27	%	$	1.35
U.S. Micro Cap Portfolio
Actual Fund Return	$	1,000.00	$	972.50		0.41	%	$	2.01
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.76		0.41	%	$	2.06
U.S. High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	1,080.70		0.22	%	$	1.13
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.70		0.22	%	$	1.10

4

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	1,029.70		0.18	%	$	0.91
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.18	%	$	0.90

(1) 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.

(2) The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the allocation of the Feeder Fund’s portion of the expenses of its Master Fund (Affiliated Investment Company).

5

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 as an exhibit to their reports on Form N-PORT. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A 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; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this 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 its Disclosure of Portfolio Holdings, which is included elsewhere in the report. Refer to the Summary Schedule of Portfolio Holdings for the Affiliated Investment Company’s holdings, which reflect the investments by category or country.

FEEDER FUND

	Affiliated Investment Company
U.S. Large Cap Value Portfolio		100.0	%

ENHANCED DOMESTIC EQUITY PORTFOLIO

Enhanced U.S. Large Company Portfolio
Basic Materials	2.8	%
Communications	0.5	%
Consumer, Cyclical	6.7	%
Consumer, Non-cyclical	9.6	%
Energy	6.6	%
Financials	37.5	%
Foreign Government	5.4	%
Industrials	2.4	%
Supranational	0.6	%
Technology	2.1	%
U.S. Government	23.0	%
Utilities	2.8	%
	100.0	%

6

DOMESTIC EQUITY PORTFOLIOS

U.S. Large Cap Equity Portfolio
Communication Services	8.5	%
Consumer Discretionary	10.3	%
Consumer Staples	7.4	%
Energy	6.1	%
Financials	13.8	%
Health Care	14.3	%
Industrials	10.8	%
Information Technology	22.3	%
Materials	4.0	%
Real Estate	0.2	%
Utilities	2.3	%
	100.0	%

U.S. Targeted Value Portfolio
Communication Services	2.8	%
Consumer Discretionary	14.9	%
Consumer Staples	4.8	%
Energy	8.5	%
Financials	25.2	%
Health Care	5.8	%
Industrials	19.7	%
Information Technology	8.8	%
Materials	8.1	%
Real Estate	1.0	%
Utilities	0.4	%
	100.0	%

U.S. Small Cap Value Portfolio
Communication Services	1.9	%
Consumer Discretionary	16.2	%
Consumer Staples	4.9	%
Energy	8.9	%
Financials	24.8	%
Health Care	4.7	%
Industrials	21.8	%
Information Technology	7.4	%
Materials	8.2	%
Real Estate	1.0	%
Utilities	0.2	%
	100.0	%

U.S. Core Equity 1 Portfolio
Communication Services	7.4	%
Consumer Discretionary	11.1	%
Consumer Staples	7.2	%
Energy	6.2	%
Financials	14.9	%
Health Care	12.3	%
Industrials	13.1	%
Information Technology	20.6	%
Materials	4.4	%
Real Estate	0.2	%
Utilities	2.6	%
	100.0	%

U.S. Core Equity 2 Portfolio
Communication Services	6.7	%
Consumer Discretionary	10.5	%
Consumer Staples	6.9	%
Energy	6.2	%
Financials	15.4	%
Health Care	11.9	%
Industrials	14.9	%
Information Technology	20.4	%
Materials	4.8	%
Real Estate	0.3	%
Utilities	2.0	%
	100.0	%

U.S. Vector Equity Portfolio
Communication Services	6.2	%
Consumer Discretionary	11.5	%
Consumer Staples	5.5	%
Energy	8.6	%
Financials	21.5	%
Health Care	10.1	%
Industrials	18.3	%
Information Technology	9.4	%
Materials	7.1	%
Real Estate	0.6	%
Utilities	1.2	%
	100.0	%

U.S. Small Cap Portfolio
Communication Services	2.9	%
Consumer Discretionary	14.5	%
Consumer Staples	4.9	%
Energy	5.1	%
Financials	19.0	%
Health Care	11.2	%
Industrials	21.0	%
Information Technology	11.4	%
Materials	6.1	%
Real Estate	0.5	%
Utilities	3.4	%
	100.0	%

U.S. Micro Cap Portfolio
Communication Services	3.4	%
Consumer Discretionary	13.7	%
Consumer Staples	5.7	%
Energy	5.4	%
Financials	18.9	%
Health Care	13.0	%
Industrials	19.6	%
Information Technology	11.5	%
Materials	5.5	%
Real Estate	0.9	%
Utilities	2.4	%
	100.0	%

U.S. High Relative Profitability Portfolio
Communication Services	2.4	%
Consumer Discretionary	11.3	%
Consumer Staples	13.5	%
Energy	2.9	%
Financials	10.2	%
Health Care	15.4	%
Industrials	14.3	%
Information Technology	27.4	%
Materials	2.6	%
	100.0	%

DFA Real Estate Securities Portfolio
Real Estate	100.0	%
	100.0	%

7

ENHANCED U.S. LARGE COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Face Amount^			Value†
		(000)
BONDS — (76.3%)
AUSTRALIA — (1.2%)
Glencore Funding LLC
W	4.125%, 05/30/23			1,000	$	998,789
	4.125%, 05/30/23			500		499,394
W	4.625%, 04/29/24			1,150		1,138,700
TOTAL AUSTRALIA						2,636,883
CANADA — (7.4%)
Bank of Montreal, SOFR +
	0.465%, FRN
(r)	5.302%, 01/10/25			173		171,347
Bank of Nova Scotia
	0.700%, 04/15/24			3,000		2,862,609
Canadian Imperial Bank of Commerce, Floating Rate Note, SOFR + 0.420%, FRN
(r)	5.257%, 10/18/24			1,014		1,007,568
Canadian Natural Resources Ltd.
	3.900%, 02/01/25			2,450		2,398,541
Enbridge, Inc.
#	2.150%, 02/16/24			500		487,139
Royal Bank of Canada
	2.550%, 07/16/24			2,000		1,940,896
Toronto-Dominion Bank
	2.850%, 03/08/24		CAD	9,500		6,881,356
TOTAL CANADA						15,749,456
DENMARK — (0.3%)
Denmark Government Bond
	0.000%, 11/15/24		DKK	5,000		705,617
FRANCE — (4.1%)
Banque Federative du Credit Mutuel SA
W	0.650%, 02/27/24			200		192,222
BNP Paribas SA
W	3.375%, 01/09/25			1,900		1,835,593
BPCE SA
W	2.375%, 01/14/25			2,265		2,140,808
Credit Agricole SA
#W	3.875%, 04/15/24			2,300		2,261,931
Societe Generale SA
W	3.875%, 03/28/24			500		489,146
W	2.625%, 10/16/24			2,000		1,901,762
TOTAL FRANCE						8,821,462

		Face Amount^		Value†
		(000)
GERMANY — (4.0%)
Bayer U.S. Finance LLC
W	3.375%, 10/08/24		2,500	$	2,439,755
Daimler Truck Finance North America LLC
W	3.500%, 04/07/25		1,871		1,822,721
Mercedes-Benz Finance North America LLC
W	0.750%, 03/01/24		500		482,045
W	3.250%, 08/01/24		1,750		1,715,239
Volkswagen Group of America Finance LLC
W	0.875%, 11/22/23		2,000		1,951,742
TOTAL GERMANY					8,411,502
IRELAND — (1.0%)
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
	2.875%, 08/14/24		2,300		2,208,863
ITALY — (2.1%)
Intesa Sanpaolo SpA
W	3.250%, 09/23/24		2,202		2,122,503
Republic of Italy Government International Bond
	2.375%, 10/17/24		2,500		2,393,565
TOTAL ITALY					4,516,068
JAPAN — (4.0%)
American Honda Finance Corp.
	0.550%, 07/12/24		1,000		950,581
Mitsubishi UFJ Financial Group, Inc.
	3.407%, 03/07/24		2,500		2,460,738
Nomura Holdings, Inc.
	2.648%, 01/16/25		2,500		2,371,548
ORIX Corp.
	4.050%, 01/16/24		425		421,385
Sumitomo Mitsui Financial Group, Inc.
	2.696%, 07/16/24		300		290,678
Sumitomo Mitsui Trust Bank Ltd.
	0.850%, 03/25/24		2,000		1,920,371
TOTAL JAPAN					8,415,301

8

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Face Amount^			Value†
		(000)
NETHERLANDS — (5.7%)
BNG Bank NV
	2.000%, 04/12/24		GBP	500	$	611,124
	5.250%, 05/20/24		AUD	10,000		6,708,190
Cooperatieve Rabobank UA
W	2.625%, 07/22/24			3,500		3,388,379
ING Groep NV
	3.550%, 04/09/24			1,500		1,469,900
TOTAL NETHERLANDS						12,177,593
NORWAY — (1.7%)
Kommunalbanken AS
	5.250%, 07/15/24		AUD	5,300		3,562,204
SPAIN — (1.0%)
Banco Santander SA
	2.706%, 06/27/24			1,200		1,160,547
Santander Holdings USA, Inc.
	3.500%, 06/07/24			1,000		973,586
TOTAL SPAIN						2,134,133
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (0.6%)
International Finance Corp.
	1.450%, 07/22/24		AUD	2,000		1,287,189
SWEDEN — (2.4%)
Kommuninvest I Sverige AB
	1.000%, 10/02/24		SEK	50,000		4,697,133
Swedbank AB
W	0.600%, 09/25/23			400		391,905
TOTAL SWEDEN						5,089,038
SWITZERLAND — (1.1%)
UBS AG
W	0.700%, 08/09/24			2,450		2,299,574
UNITED KINGDOM — (4.7%)
BAT Capital Corp.
	3.222%, 08/15/24			1,000		972,794
CNH Industrial Capital LLC
	1.950%, 07/02/23			1,094		1,087,903
HSBC USA, Inc.
	3.750%, 05/24/24			1,250		1,227,908
	3.500%, 06/23/24			1,100		1,079,881
Nationwide Building Society
W	0.550%, 01/22/24			1,475		1,418,320
NatWest Markets PLC
#W	2.375%, 05/21/23			1,000		998,079
W	0.800%, 08/12/24			350		330,320
Reckitt Benckiser Treasury Services PLC
	2.750%, 06/26/24			2,000		1,950,220

		Face Amount^		Value†
		(000)
UNITED KINGDOM — (Continued)
W	2.750%, 06/26/24		958	$	934,156
TOTAL UNITED KINGDOM					9,999,581
UNITED STATES — (35.0%)
American Express Co.
	3.375%, 05/03/24		1,075		1,054,969
(r)	SOFR + 0.930%, FRN, 5.710%, 03/04/25		500		499,925
American Tower Corp.
	0.600%, 01/15/24		500		483,180
American Water Capital Corp.
	3.400%, 03/01/25		2,600		2,538,266
Ameriprise Financial, Inc.
	3.000%, 04/02/25		1,814		1,748,276
Amgen, Inc.
#	3.125%, 05/01/25		3,000		2,914,839
Arrow Electronics, Inc.
	3.250%, 09/08/24		1,500		1,458,391
Boardwalk Pipelines LP
	4.950%, 12/15/24		1,500		1,488,999
Brixmor Operating Partnership LP
	3.850%, 02/01/25		1,800		1,737,316
Capital One Financial Corp.
	3.200%, 02/05/25		600		572,357
Cardinal Health, Inc.
	3.079%, 06/15/24		2,750		2,685,880
Discover Bank
	2.450%, 09/12/24		750		712,932
Discover Financial Services
	3.950%, 11/06/24		1,500		1,454,718
Edison International
	3.550%, 11/15/24		1,500		1,458,769
Elevance Health, Inc.
	3.500%, 08/15/24		200		196,271
	2.375%, 01/15/25		2,800		2,692,757
Energy Transfer LP
	2.900%, 05/15/25		2,000		1,908,985
EOG Resources, Inc.
	3.150%, 04/01/25		2,107		2,049,341
ERAC USA Finance LLC
W	3.850%, 11/15/24		3,000		2,944,081
Fidelity National Information Services, Inc.
	0.600%, 03/01/24		2,500		2,397,060
General Motors Financial Co., Inc.
	1.050%, 03/08/24		500		480,886
	3.800%, 04/07/25		1,500		1,457,164
Georgia-Pacific LLC
W	0.625%, 05/15/24		2,000		1,908,670

9

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Global Payments, Inc.
	3.750%, 06/01/23		1,000	$	998,059
	4.000%, 06/01/23		1,500		1,497,794
International Business Machines Corp.
	3.000%, 05/15/24		2,200		2,155,144
Kinder Morgan Energy Partners LP
	4.250%, 09/01/24		1,500		1,484,483
Lazard Group LLC
	3.750%, 02/13/25		1,500		1,460,039
Lincoln National Corp.
	4.000%, 09/01/23		1,500		1,489,688
MPLX LP
	4.875%, 12/01/24		1,250		1,245,202
National Rural Utilities Cooperative Finance Corp.
#	0.350%, 02/08/24		2,000		1,926,281
Nuveen Finance LLC
W	4.125%, 11/01/24		2,500		2,436,976
Omnicom Group, Inc./Omnicom Capital, Inc.
	3.650%, 11/01/24		1,004		984,460
ONEOK, Inc.
	2.750%, 09/01/24		360		349,001
Penske Truck Leasing Co. Lp/PTL Finance Corp.
W	2.700%, 11/01/24		1,183		1,135,698
Penske Truck Leasing Co. LP/PTL Finance Corp.
W	4.125%, 08/01/23		578		575,157
Phillips 66
	3.850%, 04/09/25		2,500		2,449,458
Realty Income Corp.
	3.875%, 07/15/24		2,500		2,462,880
Sherwin-Williams Co.
	4.050%, 08/08/24		1,389		1,371,247
Simon Property Group LP
	2.000%, 09/13/24		3,650		3,489,691

		Face Amount^			Value†
		(000)
UNITED STATES — (Continued)
Ventas Realty LP
	3.500%, 02/01/25			400	$	386,499
VF Corp.
	2.400%, 04/23/25			3,000		2,836,250
Vornado Realty LP
#	3.500%, 01/15/25			585		547,536
Walgreens Boots Alliance, Inc.
	3.800%, 11/18/24			2,500		2,452,223
Waste Management, Inc.
	2.400%, 05/15/23			900		899,080
Wells Fargo & Co.
	3.300%, 09/09/24			3,000		2,933,932
TOTAL UNITED STATES						74,410,810
TOTAL BONDS						162,425,274
U.S. TREASURY OBLIGATIONS — (22.8%)
U.S. Treasury Bills
∞	4.664%, 05/18/23			2,700		2,694,457
U.S. Treasury Bonds
	6.250%, 08/15/23			7,000		7,025,156
U.S. Treasury Notes
	0.375%, 04/15/24			30,300		29,047,758
	2.000%, 06/30/24			10,000		9,699,219
TOTAL U.S. TREASURY OBLIGATIONS						48,466,590
TOTAL INVESTMENT SECURITIES (Cost $217,375,476)						210,891,864
			Shares
SECURITIES LENDING COLLATERAL — (0.9%)
@§	The DFA Short Term Investment Fund			170,901		1,976,811
TOTAL INVESTMENTS — (100.0%) (Cost $219,351,954)					$	212,868,675

As of April 30, 2023, Enhanced U.S. Large Company Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	11,979,320	AUD	17,715,148	Citibank, N.A.		07/12/23	$	221,869

10

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	6,966,221	CAD	9,409,702	Morgan Stanley and Co. International		07/20/23	$	10,189
Total Appreciation							$	232,058
USD	594,508	GBP	487,908	Citibank, N.A.		05/09/23	$	(18,764	)
USD	4,697,002	SEK	48,490,483	Morgan Stanley and Co. International		05/16/23		(34,555	)
USD	700,928	DKK	4,766,690	Citibank, N.A.		05/24/23		(4,771	)
Total (Depreciation)							$	(58,090	)
Total Appreciation (Depreciation)							$	173,968

As of April 30, 2023, Enhanced U.S. Large Company Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		1,067		06/16/23	$	219,381,891	$	223,456,475	$	4,074,584
Total Futures Contracts					$	219,381,891	$	223,456,475	$	4,074,584

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Bonds
Australia		—	$	2,636,883		—	$	2,636,883
Canada		—		15,749,456		—		15,749,456
Denmark		—		705,617		—		705,617
France		—		8,821,462		—		8,821,462
Germany		—		8,411,502		—		8,411,502
Ireland		—		2,208,863		—		2,208,863
Italy		—		4,516,068		—		4,516,068
Japan		—		8,415,301		—		8,415,301
Netherlands		—		12,177,593		—		12,177,593
Norway		—		3,562,204		—		3,562,204
Spain		—		2,134,133		—		2,134,133
Supranational Organization Obligations		—		1,287,189		—		1,287,189
Sweden		—		5,089,038		—		5,089,038
Switzerland		—		2,299,574		—		2,299,574
United Kingdom		—		9,999,581		—		9,999,581
United States		—		74,410,810		—		74,410,810
U.S. Treasury Obligations		—		48,466,590		—		48,466,590
Securities Lending Collateral		—		1,976,811		—		1,976,811

11

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Forward Currency Contracts**		—	$	173,968		—	$	173,968
Futures Contracts**	$	4,074,584		—		—		4,074,584
TOTAL	$	4,074,584	$	213,042,643		—	$	217,117,227

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

12

U.S. LARGE CAP EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.6%)
COMMUNICATION SERVICES — (8.5%)
*	Alphabet, Inc., Class A		263,444	$	28,278,079		1.8	%
*	Alphabet, Inc., Class C		234,319		25,358,002		1.6	%
	Comcast Corp., Class A		192,293		7,955,161		0.5	%
*	Meta Platforms, Inc., Class A		99,762		23,974,804		1.5	%
	Verizon Communications, Inc.		250,085		9,710,801		0.6	%
*	Walt Disney Co.		57,180		5,860,950		0.4	%
	Other Securities				35,028,343		2.1	%
TOTAL COMMUNICATION SERVICES					136,166,140		8.5	%
CONSUMER DISCRETIONARY — (10.2%)
*	Amazon.com, Inc.		376,141		39,664,068		2.5	%
	Home Depot, Inc.		41,719		12,538,228		0.8	%
	McDonald’s Corp.		24,973		7,385,765		0.5	%
	NIKE, Inc., Class B		44,993		5,701,513		0.4	%
*	Tesla, Inc.		81,710		13,425,770		0.8	%
	Other Securities				85,534,020		5.3	%
TOTAL CONSUMER DISCRETIONARY					164,249,364		10.3	%
CONSUMER STAPLES — (7.4%)
	Coca-Cola Co.		139,387		8,941,676		0.6	%
	Costco Wholesale Corp.		16,380		8,242,744		0.5	%
	PepsiCo, Inc.		63,200		12,064,248		0.7	%
	Procter & Gamble Co.		89,222		13,952,536		0.9	%
	Walmart, Inc.		63,137		9,531,793		0.6	%
	Other Securities				66,238,213		4.1	%
TOTAL CONSUMER STAPLES					118,971,210		7.4	%
ENERGY — (6.0%)
	Chevron Corp.		80,363		13,547,595		0.8	%
	ConocoPhillips		69,272		7,127,396		0.4	%
	Exxon Mobil Corp.		208,006		24,615,430		1.5	%
	Other Securities				51,589,836		3.4	%
TOTAL ENERGY					96,880,257		6.1	%
FINANCIALS — (13.7%)
	Bank of America Corp.		246,054		7,204,461		0.5	%
*	Berkshire Hathaway, Inc., Class B		61,526		20,214,367		1.3	%
	JPMorgan Chase & Co.		108,436		14,990,193		0.9	%
	Mastercard, Inc., Class A		38,147		14,497,004		0.9	%
#	Visa, Inc., Class A		64,047		14,905,658		0.9	%
	Other Securities				148,066,785		9.2	%
TOTAL FINANCIALS					219,878,468		13.7	%
HEALTH CARE — (14.2%)
	Abbott Laboratories		62,251		6,876,868		0.4	%
	AbbVie, Inc.		81,196		12,270,340		0.8	%
	Amgen, Inc.		24,239		5,811,058		0.4	%
	Bristol-Myers Squibb Co.		105,905		7,071,277		0.4	%

13

U.S. LARGE CAP EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Danaher Corp.		24,535	$	5,812,587		0.4	%
	Eli Lilly & Co.		36,750		14,547,855		0.9	%
	Gilead Sciences, Inc.		75,102		6,174,135		0.4	%
	Johnson & Johnson		112,109		18,352,243		1.1	%
	Merck & Co., Inc.		127,000		14,664,690		0.9	%
	Pfizer, Inc.		274,999		10,694,711		0.7	%
	Thermo Fisher Scientific, Inc.		15,127		8,393,972		0.5	%
	UnitedHealth Group, Inc.		34,736		17,093,238		1.1	%
	Other Securities				100,229,713		6.2	%
TOTAL HEALTH CARE					227,992,687		14.2	%
INDUSTRIALS — (10.8%)
	Union Pacific Corp.		27,984		5,476,469		0.3	%
	United Parcel Service, Inc., Class B		32,630		5,867,200		0.4	%
	Other Securities				160,946,808		10.1	%
TOTAL INDUSTRIALS					172,290,477		10.8	%
INFORMATION TECHNOLOGY — (22.3%)
	Accenture PLC, Class A		26,455		7,415,072		0.5	%
*	Adobe, Inc.		17,341		6,547,268		0.4	%
	Apple, Inc.		480,027		81,451,151		5.1	%
	Broadcom, Inc.		19,205		12,031,932		0.8	%
	Cisco Systems, Inc.		175,806		8,306,833		0.5	%
	International Business Machines Corp.		43,820		5,539,286		0.4	%
	Microsoft Corp.		276,759		85,036,970		5.3	%
	NVIDIA Corp.		72,084		20,002,589		1.3	%
	QUALCOMM, Inc.		52,811		6,168,325		0.4	%
*	Salesforce, Inc.		32,588		6,464,482		0.4	%
	Texas Instruments, Inc.		38,442		6,427,502		0.4	%
	Other Securities				111,276,495		6.8	%
TOTAL INFORMATION TECHNOLOGY					356,667,905		22.3	%
MATERIALS — (4.0%)
	Linde PLC		18,643		6,887,656		0.4	%
	Other Securities				56,954,842		3.6	%
TOTAL MATERIALS					63,842,498		4.0	%
REAL ESTATE — (0.2%)
	Other Securities				2,740,902		0.2	%
UTILITIES — (2.3%)
	Other Securities				36,859,001		2.3	%
TOTAL COMMON STOCKS (Cost $796,237,056)					1,596,538,909		99.8	%
TEMPORARY CASH INVESTMENTS — (0.1%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		2,306,002		2,306,002		0.1	%

14

U.S. LARGE CAP EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (0.3%)
@§	The DFA Short Term Investment Fund		343,332	$	3,971,317		0.3	%
TOTAL INVESTMENTS—(100.0%) (Cost $802,513,819)				$	1,602,816,228		100.2	%

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Common Stocks
Communication Services	$	136,166,140		—		—		$	136,166,140
Consumer Discretionary		164,249,364		—		—			164,249,364
Consumer Staples		118,971,210		—		—			118,971,210
Energy		96,880,257		—		—			96,880,257
Financials		219,878,468		—		—			219,878,468
Health Care		227,957,830		—	$	34,857			227,992,687
Industrials		172,290,477		—		—			172,290,477
Information Technology		356,667,905		—		—			356,667,905
Materials		63,842,498		—		—			63,842,498
Real Estate		2,740,902		—		—			2,740,902
Utilities		36,859,001		—		—			36,859,001
Temporary Cash Investments		2,306,002		—		—			2,306,002
Securities Lending Collateral		—	$	3,971,317		—			3,971,317
TOTAL	$	1,598,810,054	$	3,971,317	$	34,857	^	$	1,602,816,228

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

15

U.S. LARGE CAP VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	22,783,485,408
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	22,783,485,408

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

16

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

			Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (93.5%)
COMMUNICATION SERVICES — (2.6%)
#		Nexstar Media Group, Inc.		313,260	$	54,334,947		0.5	%
		Other Securities				261,414,587		2.2	%
TOTAL COMMUNICATION SERVICES						315,749,534		2.7	%
CONSUMER DISCRETIONARY — (13.9%)
#*	��	AutoNation, Inc.		505,011		66,509,949		0.6	%
		BorgWarner, Inc.		1,734,241		83,469,019		0.7	%
#		Dillard’s, Inc., Class A		161,625		48,227,284		0.4	%
#		Foot Locker, Inc.		949,570		39,872,444		0.4	%
#		Lithia Motors, Inc.		193,912		42,833,222		0.4	%
#		Penske Automotive Group, Inc.		522,178		72,363,427		0.6	%
		PulteGroup, Inc.		684,692		45,977,068		0.4	%
*		Taylor Morrison Home Corp.		1,219,613		52,553,124		0.5	%
		Toll Brothers, Inc.		1,187,844		75,915,110		0.7	%
		Other Securities				1,173,891,169		10.1	%
TOTAL CONSUMER DISCRETIONARY						1,701,611,816		14.8	%
CONSUMER STAPLES — (4.5%)
		Ingredion, Inc.		420,555		44,650,324		0.4	%
		Molson Coors Beverage Co., Class B		933,388		55,517,918		0.5	%
*		Post Holdings, Inc.		517,681		46,844,954		0.4	%
		Other Securities				401,154,240		3.5	%
TOTAL CONSUMER STAPLES						548,167,436		4.8	%
ENERGY — (8.0%)
		HF Sinclair Corp.		1,477,867		65,188,713		0.6	%
		Matador Resources Co.		841,863		41,276,543		0.4	%
		Murphy Oil Corp.		1,454,666		53,400,789		0.5	%
		PDC Energy, Inc.		866,489		56,365,109		0.5	%
		Range Resources Corp.		2,084,081		55,123,942		0.5	%
		Other Securities				700,916,628		6.0	%
TOTAL ENERGY						972,271,724		8.5	%
FINANCIALS — (23.6%)
#		Bank OZK		1,161,169		41,476,957		0.4	%
		Everest Re Group Ltd.		124,373		47,012,994		0.4	%
		First Horizon Corp.		3,817,193		66,991,737		0.6	%
		Invesco Ltd.		3,332,133		57,079,438		0.5	%
#		New York Community Bancorp, Inc.		4,950,960		52,925,762		0.5	%
		Old Republic International Corp.		1,965,944		49,679,405		0.4	%
		Popular, Inc.		721,158		43,276,692		0.4	%
		Unum Group		1,570,502		66,275,184		0.6	%
#		Voya Financial, Inc.		608,873		46,566,607		0.4	%
		Other Securities				2,404,353,317		20.8	%
TOTAL FINANCIALS						2,875,638,093		25.0	%
HEALTH CARE — (5.4%)
*		Acadia Healthcare Co., Inc.		726,801		52,540,444		0.5	%

17

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
*	Envista Holdings Corp.		1,142,228	$	43,964,356		0.4	%
	Other Securities				559,717,704		4.8	%
TOTAL HEALTH CARE					656,222,504		5.7	%
INDUSTRIALS — (18.4%)
	AGCO Corp.		369,245		45,764,225		0.4	%
	Air Lease Corp.		1,250,208		50,283,366		0.4	%
*	Builders FirstSource, Inc.		683,763		64,800,220		0.6	%
	Knight-Swift Transportation Holdings, Inc.		1,369,894		77,152,430		0.7	%
	Triton International Ltd.		647,481		53,527,254		0.5	%
	U-Haul Holding Co.		767,142		41,502,382		0.4	%
	WESCO International, Inc.		358,650		51,645,600		0.5	%
	Other Securities				1,853,584,914		15.9	%
TOTAL INDUSTRIALS					2,238,260,391		19.4	%
INFORMATION TECHNOLOGY — (8.3%)
	Amkor Technology, Inc.		2,293,308		51,301,300		0.5	%
*	Arrow Electronics, Inc.		648,374		74,193,437		0.7	%
	Avnet, Inc.		955,916		39,441,094		0.3	%
*	Flex Ltd.		2,308,000		47,475,560		0.4	%
*	Super Micro Computer, Inc.		401,668		42,347,857		0.4	%
	TD SYNNEX Corp.		473,146		42,128,920		0.4	%
	Other Securities				711,171,404		6.1	%
TOTAL INFORMATION TECHNOLOGY					1,008,059,572		8.8	%
MATERIALS — (7.5%)
	Alcoa Corp.		1,167,919		43,376,512		0.4	%
	Commercial Metals Co.		1,102,931		51,495,848		0.5	%
	Huntsman Corp.		2,068,448		55,413,722		0.5	%
	Olin Corp.		780,083		43,216,598		0.4	%
	Reliance Steel & Aluminum Co.		406,385		100,702,203		0.9	%
	Steel Dynamics, Inc.		573,534		59,618,859		0.5	%
	Other Securities				567,279,363		4.8	%
TOTAL MATERIALS					921,103,105		8.0	%
REAL ESTATE — (1.0%)
*	Jones Lang LaSalle, Inc.		285,586		39,707,878		0.3	%
	Other Securities				78,941,754		0.7	%
TOTAL REAL ESTATE					118,649,632		1.0	%
UTILITIES — (0.3%)
	Other Securities				39,970,334		0.3	%
TOTAL COMMON STOCKS					11,395,704,141		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				283,523		0.0	%

18

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	4,748,712		0.1	%
TOTAL PREFERRED STOCKS					5,032,235		0.1	%
TOTAL INVESTMENT SECURITIES (Cost $8,383,100,311)					11,400,736,376
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		89,357,282		89,357,282		0.8	%
SECURITIES LENDING COLLATERAL — (5.7%)
@§	The DFA Short Term Investment Fund		60,362,191		698,209,466		6.0	%
TOTAL INVESTMENTS—(100.0%) (Cost $9,170,550,294)				$	12,188,303,124		105.9	%

As of April 30, 2023, U.S. Targeted Value Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		496		06/16/23	$	99,466,702	$	103,874,800	$	4,408,098
Total Futures Contracts					$	99,466,702	$	103,874,800	$	4,408,098

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	315,749,534		—		—	$	315,749,534
Consumer Discretionary		1,683,623,814	$	17,988,002		—		1,701,611,816
Consumer Staples		548,158,481		8,955		—		548,167,436
Energy		972,271,724		—		—		972,271,724
Financials		2,875,554,760		83,333		—		2,875,638,093
Health Care		648,119,037		5,961,623	$	2,141,844		656,222,504
Industrials		2,238,091,026		115,337		54,028		2,238,260,391
Information Technology		1,006,720,851		1,338,721		—		1,008,059,572
Materials		919,977,257		1,125,848		—		921,103,105
Real Estate		118,649,632		—		—		118,649,632
Utilities		39,970,334		—		—		39,970,334
Preferred Stocks
Communication Services		283,523		—		—		283,523
Industrials		4,748,712		—		—		4,748,712
Temporary Cash Investments		89,357,282		—		—		89,357,282

19

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	698,209,466		—		$	698,209,466
Futures Contracts**	$	4,408,098		—		—			4,408,098
TOTAL	$	11,465,684,065	$	724,831,285	$	2,195,872	^	$	12,192,711,222

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

20

U.S. SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (91.0%)
COMMUNICATION SERVICES — (1.7%)
	Other Securities			$	243,768,684		1.8	%
CONSUMER DISCRETIONARY — (14.8%)
#	Foot Locker, Inc.		1,962,487		82,404,829		0.6	%
#	Group 1 Automotive, Inc.		343,001		76,996,865		0.6	%
#	MDC Holdings, Inc.		1,862,398		76,302,446		0.6	%
#	Meritage Homes Corp.		575,946		73,749,885		0.6	%
*	Skechers USA, Inc., Class A		1,102,012		58,616,018		0.5	%
*	Taylor Morrison Home Corp.		2,858,591		123,176,686		0.9	%
#	Thor Industries, Inc.		798,293		63,081,113		0.5	%
#*	Tri Pointe Homes, Inc.		2,638,710		75,678,203		0.6	%
	Other Securities				1,497,518,546		11.2	%
TOTAL CONSUMER DISCRETIONARY					2,127,524,591		16.1	%
CONSUMER STAPLES — (4.5%)
*	Hostess Brands, Inc.		2,763,321		71,183,149		0.5	%
	Ingredion, Inc.		557,483		59,187,970		0.4	%
	Seaboard Corp.		17,242		67,951,929		0.5	%
	Other Securities				444,548,194		3.4	%
TOTAL CONSUMER STAPLES					642,871,242		4.8	%
ENERGY — (8.1%)
#*	CNX Resources Corp.		4,305,530		66,864,881		0.5	%
	Murphy Oil Corp.		2,447,210		89,837,079		0.7	%
	PBF Energy, Inc., Class A		1,957,939		68,253,754		0.5	%
#	PDC Energy, Inc.		1,231,303		80,096,260		0.6	%
	Other Securities				862,798,329		6.5	%
TOTAL ENERGY					1,167,850,303		8.8	%
FINANCIALS — (22.6%)
#	American Equity Investment Life Holding Co.		2,145,606		82,691,655		0.6	%
	Associated Banc-Corp.		3,660,256		65,262,365		0.5	%
	Assured Guaranty Ltd.		1,301,830		70,129,582		0.5	%
#	Bank OZK		2,166,738		77,395,881		0.6	%
	FNB Corp.		8,069,732		92,640,523		0.7	%
	MGIC Investment Corp.		4,553,567		67,711,541		0.5	%
	Nelnet, Inc., Class A		712,412		68,605,276		0.5	%
#	New York Community Bancorp, Inc.		8,439,223		90,215,305		0.7	%
	Popular, Inc.		1,165,993		69,971,240		0.5	%
	United Bankshares, Inc.		2,090,812		69,268,602		0.5	%
	Unum Group		1,952,775		82,407,105		0.6	%
	White Mountains Insurance Group Ltd.		43,400		62,154,876		0.5	%
	Other Securities				2,352,487,049		17.9	%
TOTAL FINANCIALS					3,250,941,000		24.6	%
HEALTH CARE — (4.2%)
#*	Acadia Healthcare Co., Inc.		1,075,525		77,749,702		0.6	%
	Perrigo Co. PLC		2,142,498		79,679,501		0.6	%
*	Prestige Consumer Healthcare, Inc.		1,083,951		66,695,505		0.5	%

21

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Other Securities			$	385,179,282		2.9	%
TOTAL HEALTH CARE					609,303,990		4.6	%
INDUSTRIALS — (19.8%)
#	ABM Industries, Inc.		1,395,124		59,404,380		0.5	%
	Air Lease Corp.		2,041,374		82,104,062		0.6	%
#	Encore Wire Corp.		483,947		75,655,435		0.6	%
#	GATX Corp.		790,355		90,029,338		0.7	%
*	Hub Group, Inc., Class A		778,349		58,687,515		0.5	%
	Triton International Ltd.		1,426,643		117,940,577		0.9	%
*	Univar Solutions, Inc.		1,819,175		64,580,712		0.5	%
	WESCO International, Inc.		542,302		78,091,488		0.6	%
	Other Securities				2,228,740,247		16.7	%
TOTAL INDUSTRIALS					2,855,233,754		21.6	%
INFORMATION TECHNOLOGY — (6.8%)
	Amkor Technology, Inc.		4,867,059		108,876,110		0.8	%
	Avnet, Inc.		2,071,123		85,454,535		0.7	%
#*	Insight Enterprises, Inc.		533,461		64,522,108		0.5	%
*	Sanmina Corp.		1,485,715		77,643,466		0.6	%
	Vishay Intertechnology, Inc.		3,103,708		66,077,943		0.5	%
	Other Securities				571,683,685		4.3	%
TOTAL INFORMATION TECHNOLOGY					974,257,847		7.4	%
MATERIALS — (7.4%)
	Carpenter Technology Corp.		1,243,623		65,588,677		0.5	%
	Commercial Metals Co.		2,254,212		105,249,158		0.8	%
	Element Solutions, Inc.		4,474,175		81,206,276		0.6	%
	Hecla Mining Co.		10,987,996		66,477,376		0.5	%
	Huntsman Corp.		2,390,522		64,042,084		0.5	%
#	U.S. Steel Corp.		3,597,899		82,319,929		0.6	%
	Other Securities				602,517,042		4.6	%
TOTAL MATERIALS					1,067,400,542		8.1	%
REAL ESTATE — (0.9%)
	Other Securities				127,174,612		1.0	%
UTILITIES — (0.2%)
	Other Securities				31,599,100		0.2	%
TOTAL COMMON STOCKS					13,097,925,665		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				278,496		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				1,217,877		0.0	%

22

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	6,005,869		0.0	%
TOTAL PREFERRED STOCKS					7,502,242		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $9,415,551,548)					13,105,427,907
TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		128,336,291		128,336,291		1.0	%
SECURITIES LENDING COLLATERAL — (8.1%)
@§	The DFA Short Term Investment Fund		100,700,281		1,164,800,146		8.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $10,708,576,488)				$	14,398,564,344		108.8	%

As of April 30, 2023, U.S. Small Cap Value Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		584		06/16/23	$	115,622,213	$	122,304,200	$	6,681,987
Total Futures Contracts					$	115,622,213	$	122,304,200	$	6,681,987

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	243,768,684		—		—	$	243,768,684
Consumer Discretionary		2,091,583,442	$	35,941,149		—		2,127,524,591
Consumer Staples		641,733,174		1,138,068		—		642,871,242
Energy		1,167,850,303		—		—		1,167,850,303
Financials		3,250,114,368		826,632		—		3,250,941,000
Health Care		607,326,420		—	$	1,977,570		609,303,990
Industrials		2,855,104,009		129,745		—		2,855,233,754
Information Technology		974,257,847		—		—		974,257,847
Materials		1,064,418,200		2,982,342		—		1,067,400,542
Real Estate		127,174,612		—		—		127,174,612
Utilities		31,599,100		—		—		31,599,100
Preferred Stocks
Communication Services		278,496		—		—		278,496
Consumer Discretionary		1,217,877		—		—		1,217,877
Industrials		6,005,869		—		—		6,005,869
Temporary Cash Investments		128,336,291		—		—		128,336,291

23

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	1,164,800,146		—		$	1,164,800,146
Futures Contracts**	$	6,681,987		—		—			6,681,987
TOTAL	$	13,197,450,679	$	1,205,818,082	$	1,977,570	^	$	14,405,246,331

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

24

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (96.3%)
COMMUNICATION SERVICES — (7.1%)
*	Alphabet, Inc., Class A		3,212,000	$	344,776,080		1.2	%
*	Alphabet, Inc., Class C		2,978,380		322,320,284		1.1	%
	AT&T, Inc.		4,726,717		83,521,089		0.3	%
	Comcast Corp., Class A		4,160,985		172,139,949		0.6	%
*	Meta Platforms, Inc., Class A		1,474,881		354,443,402		1.2	%
	Verizon Communications, Inc.		4,742,127		184,136,791		0.7	%
	Other Securities				649,191,128		2.2	%
TOTAL COMMUNICATION SERVICES					2,110,528,723		7.3	%
CONSUMER DISCRETIONARY — (10.7%)
*	Amazon.com, Inc.		4,770,102		503,007,256		1.8	%
	Home Depot, Inc.		578,985		174,008,152		0.6	%
	McDonald’s Corp.		392,232		116,002,614		0.4	%
	NIKE, Inc., Class B		667,223		84,550,499		0.3	%
*	Tesla, Inc.		1,117,865		183,676,398		0.7	%
	Other Securities				2,089,481,410		7.1	%
TOTAL CONSUMER DISCRETIONARY					3,150,726,329		10.9	%
CONSUMER STAPLES — (6.9%)
	Coca-Cola Co.		2,473,253		158,659,180		0.6	%
	Costco Wholesale Corp.		266,821		134,269,664		0.5	%
	PepsiCo, Inc.		1,032,401		197,075,027		0.7	%
	Procter & Gamble Co.		1,498,080		234,269,750		0.8	%
	Walmart, Inc.		1,038,431		156,771,928		0.5	%
	Other Securities				1,165,077,088		4.0	%
TOTAL CONSUMER STAPLES					2,046,122,637		7.1	%
ENERGY — (6.0%)
	Chevron Corp.		1,541,098		259,798,301		0.9	%
	ConocoPhillips		1,164,407		119,805,836		0.4	%
	Exxon Mobil Corp.		2,724,619		322,431,412		1.1	%
	Other Securities				1,074,309,380		3.8	%
TOTAL ENERGY					1,776,344,929		6.2	%
FINANCIALS — (14.3%)
	Bank of America Corp.		3,912,477		114,557,327		0.4	%
*	Berkshire Hathaway, Inc., Class B		954,456		313,586,519		1.1	%
	JPMorgan Chase & Co.		2,201,688		304,361,349		1.1	%
	Mastercard, Inc., Class A		579,715		220,309,091		0.8	%
	Morgan Stanley		1,062,417		95,585,657		0.3	%
#	Visa, Inc., Class A		913,551		212,610,724		0.8	%
	Other Securities				2,977,925,540		10.2	%
TOTAL FINANCIALS					4,238,936,207		14.7	%
HEALTH CARE — (11.8%)
	Abbott Laboratories		802,839		88,689,624		0.3	%
	AbbVie, Inc.		1,217,399		183,973,337		0.7	%
	Amgen, Inc.		375,293		89,972,744		0.3	%

25

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Bristol-Myers Squibb Co.		1,399,024	$	93,412,832		0.3	%
	Eli Lilly & Co.		520,601		206,085,112		0.7	%
	Gilead Sciences, Inc.		1,043,144		85,756,868		0.3	%
	Johnson & Johnson		1,572,785		257,464,904		0.9	%
	Merck & Co., Inc.		1,532,708		176,981,793		0.6	%
	Pfizer, Inc.		3,138,575		122,059,182		0.4	%
	Thermo Fisher Scientific, Inc.		163,488		90,719,491		0.3	%
	UnitedHealth Group, Inc.		461,505		227,101,995		0.8	%
	Other Securities				1,869,424,337		6.5	%
TOTAL HEALTH CARE					3,491,642,219		12.1	%
INDUSTRIALS — (12.6%)
	Lockheed Martin Corp.		186,232		86,495,452		0.3	%
	Union Pacific Corp.		458,821		89,791,270		0.3	%
	United Parcel Service, Inc., Class B		521,453		93,762,464		0.3	%
	Other Securities				3,465,244,194		12.1	%
TOTAL INDUSTRIALS					3,735,293,380		13.0	%
INFORMATION TECHNOLOGY — (19.9%)
	Accenture PLC, Class A		397,785		111,495,158		0.4	%
*	Adobe, Inc.		257,391		97,180,546		0.4	%
	Apple, Inc.		8,785,848		1,490,782,689		5.2	%
	Broadcom, Inc.		314,651		197,128,851		0.7	%
	Cisco Systems, Inc.		2,518,417		118,995,203		0.4	%
	Microsoft Corp.		4,150,122		1,275,166,486		4.4	%
	NVIDIA Corp.		821,975		228,089,843		0.8	%
	QUALCOMM, Inc.		829,776		96,917,837		0.4	%
	Texas Instruments, Inc.		750,861		125,543,959		0.5	%
	Other Securities				2,136,048,317		7.2	%
TOTAL INFORMATION TECHNOLOGY					5,877,348,889		20.4	%
MATERIALS — (4.3%)
	Linde PLC		225,284		83,231,174		0.3	%
	Other Securities				1,183,895,518		4.1	%
TOTAL MATERIALS					1,267,126,692		4.4	%
REAL ESTATE — (0.2%)
	Other Securities				69,148,341		0.3	%
UTILITIES — (2.5%)
	Other Securities				748,040,180		2.6	%
TOTAL COMMON STOCKS					28,511,258,526		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				281,558		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				302,148		0.0	%

26

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
Other Security				$	1,466,624		0.0	%
TOTAL PREFERRED STOCKS					2,050,330		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $12,811,624,003)					28,513,308,856
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		242,325,084		242,325,084		0.8	%
SECURITIES LENDING COLLATERAL — (2.9%)
@§	The DFA Short Term Investment Fund		74,781,034		864,992,218		3.0	%
TOTAL INVESTMENTS—(100.0%) (Cost $13,918,899,568)				$	29,620,626,158		102.8	%

As of April 30, 2023, U.S. Core Equity 1 Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		1,175		06/16/23	$	234,437,130	$	246,074,375	$	11,637,245
Total Futures Contracts					$	234,437,130	$	246,074,375	$	11,637,245

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	2,110,516,892	$	11,831		—	$	2,110,528,723
Consumer Discretionary		3,139,365,409		11,360,920		—		3,150,726,329
Consumer Staples		2,045,962,805		159,832		—		2,046,122,637
Energy		1,776,344,929		—		—		1,776,344,929
Financials		4,238,932,907		3,300		—		4,238,936,207
Health Care		3,486,592,652		3,986,416	$	1,063,151		3,491,642,219
Industrials		3,734,444,953		831,893		16,534		3,735,293,380
Information Technology		5,877,206,979		141,910		—		5,877,348,889
Materials		1,266,894,647		232,045		—		1,267,126,692
Real Estate		69,108,534		39,807		—		69,148,341
Utilities		748,040,180		—		—		748,040,180
Preferred Stocks
Communication Services		281,558		—		—		281,558
Consumer Discretionary		302,148		—		—		302,148
Industrials		1,466,624		—		—		1,466,624
Temporary Cash Investments		242,325,084		—		—		242,325,084

27

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	864,992,218		—		$	864,992,218
Futures Contracts**	$	11,637,245		—		—			11,637,245
TOTAL	$	28,749,423,546	$	881,760,172	$	1,079,685	^	$	29,632,263,403

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

28

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (96.1%)
COMMUNICATION SERVICES — (6.4%)
*	Alphabet, Inc., Class A		2,445,000	$	262,446,300		0.9	%
*	Alphabet, Inc., Class C		2,361,300		255,539,886		0.9	%
	AT&T, Inc.		4,477,834		79,123,327		0.3	%
	Comcast Corp., Class A		3,103,081		128,374,461		0.5	%
*	Meta Platforms, Inc., Class A		1,749,802		420,512,417		1.4	%
	Verizon Communications, Inc.		3,814,696		148,124,646		0.5	%
	Other Securities				667,756,336		2.1	%
TOTAL COMMUNICATION SERVICES					1,961,877,373		6.6	%
CONSUMER DISCRETIONARY — (10.1%)
*	Amazon.com, Inc.		3,411,440		359,736,348		1.2	%
	Home Depot, Inc.		497,060		149,386,412		0.5	%
	Other Securities				2,563,314,415		8.7	%
TOTAL CONSUMER DISCRETIONARY					3,072,437,175		10.4	%
CONSUMER STAPLES — (6.7%)
	Coca-Cola Co.		1,810,068		116,115,862		0.4	%
	Costco Wholesale Corp.		201,341		101,318,818		0.4	%
	PepsiCo, Inc.		986,623		188,336,464		0.6	%
	Procter & Gamble Co.		1,537,814		240,483,353		0.8	%
	Walmart, Inc.		845,272		127,610,714		0.4	%
	Other Securities				1,261,575,301		4.3	%
TOTAL CONSUMER STAPLES					2,035,440,512		6.9	%
ENERGY — (5.9%)
	Chevron Corp.		1,119,772		188,771,164		0.7	%
	ConocoPhillips		1,162,116		119,570,115		0.4	%
	Exxon Mobil Corp.		3,270,177		386,992,746		1.3	%
	Other Securities				1,116,833,831		3.7	%
TOTAL ENERGY					1,812,167,856		6.1	%
FINANCIALS — (14.8%)
	American Express Co.		617,346		99,602,604		0.3	%
	Bank of America Corp.		3,352,939		98,174,054		0.3	%
*	Berkshire Hathaway, Inc., Class B		840,748		276,227,755		0.9	%
	JPMorgan Chase & Co.		1,979,363		273,627,141		0.9	%
	Mastercard, Inc., Class A		587,552		223,287,387		0.8	%
	Morgan Stanley		939,887		84,561,633		0.3	%
#	Visa, Inc., Class A		832,357		193,714,445		0.7	%
	Other Securities				3,264,918,505		11.0	%
TOTAL FINANCIALS					4,514,113,524		15.2	%
HEALTH CARE — (11.5%)
	AbbVie, Inc.		1,169,550		176,742,396		0.6	%
	Amgen, Inc.		365,932		87,728,538		0.3	%
	Bristol-Myers Squibb Co.		1,487,212		99,301,145		0.4	%
	Elevance Health, Inc.		165,540		77,580,321		0.3	%
	Eli Lilly & Co.		538,596		213,208,613		0.7	%

29

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
Johnson & Johnson		1,214,024	$	198,735,729		0.7	%
Merck & Co., Inc.		1,861,625		214,961,839		0.7	%
Pfizer, Inc.		3,960,374		154,018,945		0.5	%
Thermo Fisher Scientific, Inc.		153,905		85,401,884		0.3	%
UnitedHealth Group, Inc.		302,176		148,697,788		0.5	%
Other Securities				2,044,534,482		6.8	%
TOTAL HEALTH CARE.				3,500,911,680		11.8	%
INDUSTRIALS — (14.3%)
Caterpillar, Inc.		426,704		93,362,835		0.3	%
Deere & Co.		214,381		81,040,306		0.3	%
Union Pacific Corp.		574,109		112,353,131		0.4	%
United Parcel Service, Inc., Class B		446,131		80,218,815		0.3	%
Other Securities				4,013,912,751		13.5	%
TOTAL INDUSTRIALS				4,380,887,838		14.8	%
INFORMATION TECHNOLOGY — (19.5%)
Accenture PLC, Class A		449,831		126,083,131		0.4	%
*   Adobe, Inc.		215,170		81,239,585		0.3	%
Apple, Inc.		9,033,496		1,532,803,601		5.2	%
Applied Materials, Inc.		712,387		80,521,103		0.3	%
Broadcom, Inc.		284,762		178,403,393		0.6	%
Cisco Systems, Inc.		2,308,415		109,072,609		0.4	%
International Business Machines Corp.		703,932		88,984,044		0.3	%
Lam Research Corp.		144,358		75,655,141		0.3	%
Microsoft Corp.		4,545,568		1,396,671,224		4.7	%
NVIDIA Corp.		345,618		95,905,539		0.3	%
QUALCOMM, Inc.		817,724		95,510,163		0.3	%
Texas Instruments, Inc.		676,325		113,081,540		0.4	%
Other Securities				1,993,402,536		6.6	%
TOTAL INFORMATION TECHNOLOGY				5,967,333,609		20.1	%
MATERIALS — (4.7%)
Other Securities				1,418,912,124		4.8	%
REAL ESTATE — (0.3%)
Other Securities				86,447,292		0.3	%
UTILITIES — (1.9%)
Other Securities				577,690,986		2.0	%
TOTAL COMMON STOCKS				29,328,219,969		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
Other Security				294,559		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
Other Security				479,458		0.0	%

30

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
Other Security			$	2,001,240		0.0	%
TOTAL PREFERRED STOCKS				2,775,257		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $13,266,509,803)				29,330,995,226
TEMPORARY CASH INVESTMENTS — (0.8%)
State Street Institutional U.S. Government Money Market Fund, 4.760%		255,182,570		255,182,570		0.9	%
SECURITIES LENDING COLLATERAL — (3.1%)
@§ The DFA Short Term Investment Fund		82,162,268		950,370,957		3.2	%
TOTAL INVESTMENTS—(100.0%) (Cost $14,471,936,337)			$	30,536,548,753		103.1	%

As of April 30, 2023, U.S. Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		1,209		06/16/23	$	241,344,966	$	253,194,825	$	11,849,859
Total Futures Contracts					$	241,344,966	$	253,194,825	$	11,849,859

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	1,961,734,583	$	142,790		—	$	1,961,877,373
Consumer Discretionary		3,060,293,265		12,143,910		—		3,072,437,175
Consumer Staples		2,034,944,266		496,246		—		2,035,440,512
Energy		1,812,167,856		—		—		1,812,167,856
Financials		4,513,531,489		582,035		—		4,514,113,524
Health Care		3,493,886,592		5,454,500	$	1,570,588		3,500,911,680
Industrials		4,379,068,873		1,802,797		16,168		4,380,887,838
Information Technology		5,966,769,596		563,662		351		5,967,333,609
Materials		1,418,586,701		325,423		—		1,418,912,124
Real Estate		86,327,296		119,996		—		86,447,292
Utilities		577,690,986		—		—		577,690,986
Preferred Stocks
Communication Services		294,559		—		—		294,559
Consumer Discretionary		479,458		—		—		479,458
Industrials		2,001,240		—		—		2,001,240
Temporary Cash Investments		255,182,570		—		—		255,182,570

31

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Securities Lending Collateral		—	$	950,370,957		—	$	950,370,957
Futures Contracts**	$	11,849,859		—		—		11,849,859
TOTAL	$	29,574,809,189	$	972,002,316	$	1,587,107^	$	30,548,398,612

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

32

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (93.0%)
COMMUNICATION SERVICES — (5.7%)
*	Alphabet, Inc., Class A		204,320	$	21,931,709		0.5	%
*	Alphabet, Inc., Class C		174,880		18,925,514		0.5	%
	AT&T, Inc.		591,989		10,460,446		0.3	%
	Comcast Corp., Class A		440,297		18,215,087		0.4	%
*	Meta Platforms, Inc., Class A		172,392		41,429,245		1.0	%
	Verizon Communications, Inc.		566,316		21,990,050		0.5	%
*	Walt Disney Co.		87,280		8,946,200		0.2	%
	Other Securities				115,516,355		2.7	%
TOTAL COMMUNICATION SERVICES					257,414,606		6.1	%
CONSUMER DISCRETIONARY — (10.7%)
*	Amazon.com, Inc.		227,136		23,951,491		0.6	%
	DR Horton, Inc.		125,278		13,758,030		0.3	%
	Lennar Corp., Class A		86,062		9,708,654		0.2	%
#	Penske Automotive Group, Inc.		69,663		9,653,899		0.2	%
	PulteGroup, Inc.		146,869		9,862,253		0.2	%
	Other Securities				415,988,324		9.9	%
TOTAL CONSUMER DISCRETIONARY					482,922,651		11.4	%
CONSUMER STAPLES — (5.1%)
	Bunge Ltd.		94,400		8,835,840		0.2	%
	Procter & Gamble Co.		90,151		14,097,813		0.3	%
	Walmart, Inc.		63,339		9,562,289		0.2	%
	Other Securities				198,362,305		4.8	%
TOTAL CONSUMER STAPLES					230,858,247		5.5	%
ENERGY — (8.0%)
	Chevron Corp.		193,378		32,599,663		0.8	%
	ConocoPhillips		107,669		11,078,063		0.3	%
#	Coterra Energy, Inc.		441,905		11,312,768		0.3	%
	Diamondback Energy, Inc.		87,509		12,443,780		0.3	%
	EOG Resources, Inc.		74,939		8,952,962		0.2	%
	Exxon Mobil Corp.		313,493		37,098,762		0.9	%
	Marathon Petroleum Corp.		85,987		10,490,414		0.3	%
	Other Securities				236,986,247		5.4	%
TOTAL ENERGY					360,962,659		8.5	%
FINANCIALS — (20.0%)
	American International Group, Inc.		163,720		8,683,709		0.2	%
	Bank of America Corp.		491,054		14,378,061		0.4	%
*	Berkshire Hathaway, Inc., Class B		110,049		36,156,599		0.9	%
	Hartford Financial Services Group, Inc.		139,081		9,873,360		0.2	%
	JPMorgan Chase & Co.		273,311		37,782,513		0.9	%
	Morgan Stanley		152,000		13,675,440		0.3	%
#	New York Community Bancorp, Inc.		1,071,287		11,452,058		0.3	%
	Wells Fargo & Co.		236,095		9,384,776		0.2	%
	Other Securities				759,454,732		17.9	%
TOTAL FINANCIALS					900,841,248		21.3	%

33

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (9.4%)
	CVS Health Corp.		118,113	$	8,658,864		0.2	%
	Johnson & Johnson		105,798		17,319,133		0.4	%
	Merck & Co., Inc.		111,689		12,896,729		0.3	%
	Pfizer, Inc.		346,628		13,480,363		0.3	%
	UnitedHealth Group, Inc.		24,210		11,913,499		0.3	%
	Other Securities				358,414,824		8.5	%
TOTAL HEALTH CARE					422,683,412		10.0	%
INDUSTRIALS — (17.1%)
*	Builders FirstSource, Inc.		139,031		13,175,968		0.3	%
	Owens Corning		86,571		9,246,648		0.2	%
	Raytheon Technologies Corp.		115,471		11,535,553		0.3	%
	Regal Rexnord Corp.		65,957		8,584,963		0.2	%
	Other Securities				725,033,658		17.1	%
TOTAL INDUSTRIALS					767,576,790		18.1	%
INFORMATION TECHNOLOGY — (8.8%)
*	First Solar, Inc.		83,806		15,301,299		0.4	%
	Intel Corp.		359,241		11,158,025		0.3	%
	Jabil, Inc.		133,106		10,402,234		0.3	%
	Micron Technology, Inc.		133,994		8,623,854		0.2	%
	Other Securities				349,167,156		8.1	%
TOTAL INFORMATION TECHNOLOGY					394,652,568		9.3	%
MATERIALS — (6.6%)
	Dow, Inc.		161,180		8,768,192		0.2	%
	Eastman Chemical Co.		107,472		9,056,665		0.2	%
	Linde PLC		28,454		10,512,330		0.3	%
	Nucor Corp.		83,510		12,374,512		0.3	%
	Reliance Steel & Aluminum Co.		43,567		10,795,903		0.3	%
	Steel Dynamics, Inc.		126,737		13,174,311		0.3	%
	Other Securities				233,465,089		5.5	%
TOTAL MATERIALS					298,147,002		7.1	%
REAL ESTATE — (0.5%)
	Other Securities				23,133,818		0.6	%
UTILITIES — (1.1%)
	Other Securities				48,201,060		1.1	%
TOTAL COMMON STOCKS					4,187,394,061		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				294,034		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				147,426		0.0	%

34

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	800,686		0.0	%
TOTAL PREFERRED STOCKS					1,242,146		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $2,167,058,913)					4,188,636,207
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		37,670,915		37,670,915		0.9	%
SECURITIES LENDING COLLATERAL — (6.2%)
@§	The DFA Short Term Investment Fund		24,073,101		278,453,555		6.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,483,145,437)				$	4,504,760,677		106.4	%

As of April 30, 2023, U.S. Vector Equity Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		177		06/16/23	$	35,314,094	$	37,068,225	$	1,754,131
Total Futures Contracts					$	35,314,094	$	37,068,225	$	1,754,131

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	257,390,222	$	24,384		—	$	257,414,606
Consumer Discretionary		479,901,968		3,020,683		—		482,922,651
Consumer Staples		230,726,430		131,817		—		230,858,247
Energy		360,962,659		—		—		360,962,659
Financials		900,672,904		168,344		—		900,841,248
Health Care		421,106,166		815,098	$	762,148		422,683,412
Industrials		767,128,494		440,717		7,579		767,576,790
Information Technology		394,652,568		—		—		394,652,568
Materials		298,052,798		94,204		—		298,147,002
Real Estate		23,120,549		13,269		—		23,133,818
Utilities		48,201,060		—		—		48,201,060
Preferred Stocks
Communication Services		294,034		—		—		294,034
Consumer Discretionary		147,426		—		—		147,426
Industrials		800,686		—		—		800,686
Temporary Cash Investments		37,670,915		—		—		37,670,915

35

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Securities Lending Collateral		—	$	278,453,555		—	$	278,453,555
Futures Contracts**	$	1,754,131		—		—		1,754,131
TOTAL	$	4,222,583,010	$	283,162,071	$	769,727^	$	4,506,514,808

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

36

U.S. SMALL CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (91.7%)
COMMUNICATION SERVICES — (2.7%)
	Iridium Communications, Inc.		575,682	$	36,538,537		0.3	%
	Other Securities				349,977,877		2.6	%
TOTAL COMMUNICATION SERVICES					386,516,414		2.9	%
CONSUMER DISCRETIONARY — (13.3%)
#*	Asbury Automotive Group, Inc.		158,010		30,568,615		0.2	%
	Murphy USA, Inc.		152,990		42,107,438		0.3	%
#	Penske Automotive Group, Inc.		256,204		35,504,750		0.3	%
*	Taylor Morrison Home Corp.		846,325		36,468,144		0.3	%
	Valvoline, Inc.		885,550		30,595,752		0.2	%
	Other Securities				1,746,539,021		13.1	%
TOTAL CONSUMER DISCRETIONARY					1,921,783,720		14.4	%
CONSUMER STAPLES — (4.5%)
	Coca-Cola Consolidated, Inc.		54,568		32,165,653		0.2	%
#	Inter Parfums, Inc.		234,744		35,631,792		0.3	%
	Lancaster Colony Corp.		161,749		33,824,951		0.3	%
	Other Securities				555,108,446		4.1	%
TOTAL CONSUMER STAPLES					656,730,842		4.9	%
ENERGY — (4.6%)
	Other Securities				670,382,714		5.0	%
FINANCIALS — (17.4%)
	Evercore, Inc., Class A		267,875		30,556,501		0.2	%
	FirstCash Holdings, Inc.		307,746		31,707,070		0.2	%
	RLI Corp.		248,926		34,613,160		0.3	%
#	Selective Insurance Group, Inc.		396,604		38,204,863		0.3	%
	Other Securities				2,387,442,834		17.8	%
TOTAL FINANCIALS					2,522,524,428		18.8	%
HEALTH CARE — (10.3%)
*	CorVel Corp.		157,571		31,834,069		0.2	%
	Ensign Group, Inc.		424,098		41,175,675		0.3	%
*	Lantheus Holdings, Inc.		494,601		42,263,655		0.3	%
*	Medpace Holdings, Inc.		163,980		32,818,957		0.3	%
*	Merit Medical Systems, Inc.		403,213		32,777,185		0.3	%
#	Select Medical Holdings Corp.		1,008,311		30,753,485		0.2	%
	Other Securities				1,272,921,273		9.5	%
TOTAL HEALTH CARE					1,484,544,299		11.1	%
INDUSTRIALS — (19.2%)
	AAON, Inc.		409,694		40,150,012		0.3	%
*	Aerojet Rocketdyne Holdings, Inc.		707,916		39,933,542		0.3	%
	Applied Industrial Technologies, Inc.		272,046		36,905,760		0.3	%
*	Atkore, Inc.		257,880		32,577,980		0.3	%
*	Casella Waste Systems, Inc., Class A		397,666		35,392,274		0.3	%
	Comfort Systems USA, Inc.		287,366		42,958,343		0.3	%

37

U.S. SMALL CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	EMCOR Group, Inc.		188,880	$	32,298,480		0.2	%
*	ExlService Holdings, Inc.		253,105		45,148,870		0.3	%
	Exponent, Inc.		397,601		36,599,172		0.3	%
*	FTI Consulting, Inc.		175,457		31,669,988		0.2	%
#	GATX Corp.		268,237		30,554,877		0.2	%
	MSA Safety, Inc.		265,964		34,508,829		0.3	%
*	Saia, Inc.		108,827		32,405,416		0.3	%
	Simpson Manufacturing Co., Inc.		339,115		42,653,885		0.3	%
	Timken Co.		427,105		32,823,019		0.3	%
*	TriNet Group, Inc.		389,730		36,159,149		0.3	%
	Triton International Ltd.		446,876		36,943,239		0.3	%
	UFP Industries, Inc.		457,594		35,930,281		0.3	%
	Valmont Industries, Inc.		106,122		30,834,808		0.2	%
	Watts Water Technologies, Inc., Class A		208,817		33,771,973		0.3	%
	Other Securities				2,058,413,515		15.1	%
TOTAL INDUSTRIALS					2,778,633,412		20.7	%
INFORMATION TECHNOLOGY — (10.5%)
	Amkor Technology, Inc.		1,479,289		33,091,695		0.3	%
*	Cirrus Logic, Inc.		379,987		32,599,085		0.3	%
#*	Insight Enterprises, Inc.		271,478		32,835,264		0.3	%
#*	Novanta, Inc.		254,279		38,864,002		0.3	%
	Power Integrations, Inc.		433,937		31,581,935		0.2	%
	Other Securities				1,343,390,975		9.9	%
TOTAL INFORMATION TECHNOLOGY					1,512,362,956		11.3	%
MATERIALS — (5.6%)
	Commercial Metals Co.		723,546		33,782,363		0.3	%
	Element Solutions, Inc.		1,868,610		33,915,271		0.3	%
	Louisiana-Pacific Corp.		543,675		32,479,144		0.2	%
	Silgan Holdings, Inc.		656,892		32,358,500		0.2	%
	Other Securities				672,509,725		5.0	%
TOTAL MATERIALS					805,045,003		6.0	%
REAL ESTATE — (0.5%)
	Other Securities				66,538,612		0.5	%
UTILITIES — (3.1%)
	PNM Resources, Inc.		635,715		30,596,963		0.2	%
	Other Securities				419,048,625		3.2	%
TOTAL UTILITIES					449,645,588		3.4	%
TOTAL COMMON STOCKS					13,254,707,988		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				290,378		0.0	%

38

U.S. SMALL CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	3,602,422		0.0	%
TOTAL PREFERRED STOCKS					3,892,800		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $8,114,436,043)					13,258,600,788
TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		122,506,574		122,506,574		0.9	%
SECURITIES LENDING COLLATERAL — (7.4%)
@§	The DFA Short Term Investment Fund		92,894,016		1,074,505,088		8.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $9,311,301,842)				$	14,455,612,450		108.0	%

As of April 30, 2023, U.S. Small Cap Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		609		06/16/23	$	119,990,524	$	127,539,826	$	7,549,302
Total Futures Contracts					$	119,990,524	$	127,539,826	$	7,549,302

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	386,455,500	$	60,914		—	$	386,516,414
Consumer Discretionary		1,894,069,699		27,714,021		—		1,921,783,720
Consumer Staples		655,850,139		880,703		—		656,730,842
Energy		670,382,714		—		—		670,382,714
Financials		2,518,567,236		3,957,192		—		2,522,524,428
Health Care		1,474,857,062		6,379,931	$	3,307,306		1,484,544,299
Industrials		2,778,601,376		13,876		18,160		2,778,633,412
Information Technology		1,511,365,891		990,000		7,065		1,512,362,956
Materials		804,165,458		846,008		33,537		805,045,003
Real Estate		66,529,766		8,846		—		66,538,612
Utilities		449,645,588		—		—		449,645,588
Preferred Stocks
Communication Services		290,378		—		—		290,378
Industrials		3,602,422		—		—		3,602,422
Temporary Cash Investments		122,506,574		—		—		122,506,574

39

U.S. SMALL CAP PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Securities Lending Collateral		—	$	1,074,505,088		—	$	1,074,505,088
Futures Contracts**	$	7,549,302		—		—		7,549,302
TOTAL	$	13,344,439,105	$	1,115,356,579	$	3,366,068^	$	14,463,161,752

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

40

U.S. MICRO CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (87.8%)
COMMUNICATION SERVICES — (3.0%)
	Other Securities			$	212,629,659		3.4	%
CONSUMER DISCRETIONARY — (12.0%)
*	Boot Barn Holdings, Inc.		218,493		15,834,188		0.3	%
*	Cavco Industries, Inc.		67,389		20,231,526		0.3	%
#	Group 1 Automotive, Inc.		75,809		17,017,604		0.3	%
*	ODP Corp.		354,824		15,331,945		0.3	%
*	Taylor Morrison Home Corp.		448,504		19,326,037		0.3	%
*	Tri Pointe Homes, Inc.		625,733		17,946,022		0.3	%
	Other Securities				738,376,236		11.7	%
TOTAL CONSUMER DISCRETIONARY					844,063,558		13.5	%
CONSUMER STAPLES — (5.0%)
#	Edgewell Personal Care Co.		360,314		15,734,912		0.3	%
*	elf Beauty, Inc.		202,613		18,794,382		0.3	%
*	Hostess Brands, Inc.		659,960		17,000,570		0.3	%
#	Inter Parfums, Inc.		160,958		24,431,815		0.4	%
#	Weis Markets, Inc.		196,657		16,222,236		0.3	%
	Other Securities				260,185,055		4.0	%
TOTAL CONSUMER STAPLES					352,368,970		5.6	%
ENERGY — (4.7%)
#*	CNX Resources Corp.		1,161,237		18,034,011		0.3	%
	Other Securities				314,683,868		5.0	%
TOTAL ENERGY					332,717,879		5.3	%
FINANCIALS — (16.6%)
#	BancFirst Corp.		237,248		18,953,743		0.3	%
*	Bancorp, Inc.		494,971		15,794,525		0.3	%
	First BanCorp.		1,576,127		18,519,492		0.3	%
	Piper Sandler Cos		134,207		18,176,996		0.3	%
	WSFS Financial Corp.		449,053		15,793,194		0.3	%
	Other Securities				1,076,772,059		17.2	%
TOTAL FINANCIALS					1,164,010,009		18.7	%
HEALTH CARE — (11.4%)
*	CorVel Corp.		172,288		34,807,345		0.6	%
*	Prestige Consumer Healthcare, Inc.		285,192		17,547,864		0.3	%
	Other Securities				747,894,424		11.9	%
TOTAL HEALTH CARE.					800,249,633		12.8	%
INDUSTRIALS — (17.2%)
#	AAON, Inc.		181,845		17,820,810		0.3	%
*	AeroVironment, Inc.		151,819		15,286,655		0.2	%
	Alamo Group, Inc.		91,149		16,108,763		0.3	%
	Albany International Corp., Class A		178,866		16,314,368		0.3	%
#	ArcBest Corp.		191,857		18,111,301		0.3	%
	Boise Cascade Co.		282,825		19,319,776		0.3	%

41

U.S. MICRO CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
*	CBIZ, Inc.		406,188	$	21,402,046		0.3	%
	Comfort Systems USA, Inc.		128,595		19,223,667		0.3	%
	ESCO Technologies, Inc.		174,924		16,367,639		0.3	%
	Federal Signal Corp.		327,771		16,840,874		0.3	%
	Forward Air Corp.		191,213		20,174,884		0.3	%
	Kadant, Inc.		84,503		15,703,192		0.3	%
	Matson, Inc.		225,848		15,364,439		0.3	%
	McGrath RentCorp.		184,266		16,377,562		0.3	%
*	MYR Group, Inc.		136,039		17,411,632		0.3	%
#	Veritiv Corp.		173,696		19,952,460		0.3	%
	Other Securities				927,025,331		14.7	%
TOTAL INDUSTRIALS					1,208,805,399		19.4	%
INFORMATION TECHNOLOGY — (10.1%)
*	Axcelis Technologies, Inc.		134,645		15,928,503		0.3	%
	Badger Meter, Inc.		144,183		19,079,736		0.3	%
	Belden, Inc.		204,344		16,120,698		0.3	%
#*	Insight Enterprises, Inc.		125,128		15,134,232		0.3	%
#	Kulicke & Soffa Industries, Inc.		372,420		17,749,537		0.3	%
*	Plexus Corp.		205,049		17,935,636		0.3	%
#	Progress Software Corp.		298,601		16,387,223		0.3	%
*	Rambus, Inc.		348,268		15,442,203		0.3	%
#*	Super Micro Computer, Inc.		163,098		17,195,422		0.3	%
	Other Securities				558,763,457		8.7	%
TOTAL INFORMATION TECHNOLOGY					709,736,647		11.4	%
MATERIALS — (4.8%)
	Innospec, Inc.		180,162		18,309,864		0.3	%
	Materion Corp.		151,333		16,390,877		0.3	%
	Other Securities				303,816,682		4.8	%
TOTAL MATERIALS					338,517,423		5.4	%
REAL ESTATE — (0.8%)
#	St. Joe Co.		421,390		17,319,129		0.3	%
	Other Securities				37,024,056		0.6	%
TOTAL REAL ESTATE					54,343,185		0.9	%
UTILITIES — (2.2%)
	Chesapeake Utilities Corp.		123,935		15,305,972		0.2	%
#	Otter Tail Corp.		297,207		21,384,044		0.3	%
	Other Securities				113,360,063		1.9	%
TOTAL UTILITIES					150,050,079		2.4	%
TOTAL COMMON STOCKS					6,167,492,441		98.8	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				289,784		0.0	%

42

U.S. MICRO CAP PORTFOLIO

CONTINUED

			Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security				$	1,510,253		0.0	%
TOTAL PREFERRED STOCKS		��				1,800,037		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $3,981,574,400)						6,169,292,478
TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%			62,545,814		62,545,814		1.0	%
SECURITIES LENDING COLLATERAL — (11.3%)
@§	The DFA Short Term Investment Fund			68,829,596		796,151,938		12.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $4,840,242,201)					$	7,027,990,230		112.6	%

As of April 30, 2023, U.S. Micro Cap Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index.		324		06/16/23	$	64,202,070	$	67,853,700	$	3,651,630
Total Futures Contracts					$	64,202,070	$	67,853,700	$	3,651,630

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	212,373,712	$	255,947		—	$	212,629,659
Consumer Discretionary		843,913,361		150,197		—		844,063,558
Consumer Staples		346,347,913		6,021,057		—		352,368,970
Energy		332,665,456		52,423		—		332,717,879
Financials		1,158,663,474		5,346,535		—		1,164,010,009
Health Care		798,177,111		726,280	$	1,346,242		800,249,633
Industrials		1,208,737,350		—		68,049		1,208,805,399
Information Technology		707,297,953		2,435,770		2,924		709,736,647
Materials		338,039,462		471,904		6,057		338,517,423
Real Estate		54,223,764		119,421		—		54,343,185
Utilities		150,050,079		—		—		150,050,079
Preferred Stocks
Communication Services		289,784		—		—		289,784
Industrials		1,510,253		—		—		1,510,253
Temporary Cash Investments		62,545,814		—		—		62,545,814

43

U.S. MICRO CAP PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	796,151,938		—		$	796,151,938
Futures Contracts**	$	3,651,630		—		—			3,651,630
TOTAL	$	6,218,487,116	$	811,731,472	$	1,423,272	^	$	7,031,641,860

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

44

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.2%)
COMMUNICATION SERVICES — (2.4%)
	Verizon Communications, Inc.		1,894,925	$	73,579,938		1.6	%
	Other Securities				38,501,356		0.8	%
TOTAL COMMUNICATION SERVICES					112,081,294		2.4	%
CONSUMER DISCRETIONARY — (11.2%)
	Home Depot, Inc.		429,537		129,093,050		2.8	%
	Lowe’s Cos., Inc.		159,947		33,241,785		0.7	%
	NIKE, Inc., Class B		353,147		44,750,788		1.0	%
*	O’Reilly Automotive, Inc.		38,119		34,966,940		0.8	%
	Ross Stores, Inc.		348,574		37,203,303		0.8	%
	TJX Cos., Inc.		600,719		47,348,672		1.0	%
	Other Securities				195,201,227		4.1	%
TOTAL CONSUMER DISCRETIONARY					521,805,765		11.2	%
CONSUMER STAPLES — (13.4%)
	Altria Group, Inc.		711,043		33,781,653		0.7	%
	Coca-Cola Co.		1,429,132		91,678,818		2.0	%
	Costco Wholesale Corp.		167,842		84,461,451		1.8	%
	Kroger Co.		743,305		36,146,922		0.8	%
	PepsiCo, Inc.		664,457		126,838,197		2.7	%
	Procter & Gamble Co.		274,144		42,870,639		0.9	%
	Target Corp.		269,232		42,471,348		0.9	%
	Other Securities				163,778,182		3.6	%
TOTAL CONSUMER STAPLES					622,027,210		13.4	%
ENERGY — (2.8%)
	ConocoPhillips		511,268		52,604,365		1.1	%
	Occidental Petroleum Corp.		557,073		34,276,702		0.7	%
	Other Securities				44,404,888		1.0	%
TOTAL ENERGY					131,285,955		2.8	%
FINANCIALS — (10.1%)
	American Express Co.		354,187		57,144,530		1.2	%
	Ameriprise Financial, Inc.		106,466		32,484,906		0.7	%
	Mastercard, Inc., Class A		342,337		130,098,330		2.8	%
	Visa, Inc., Class A		621,862		144,725,943		3.1	%
	Other Securities				103,628,634		2.3	%
TOTAL FINANCIALS					468,082,343		10.1	%
HEALTH CARE — (15.3%)
	AbbVie, Inc.		814,342		123,063,363		2.7	%
	Amgen, Inc.		263,714		63,222,794		1.4	%
	Bristol-Myers Squibb Co.		813,510		54,318,063		1.2	%
	Eli Lilly & Co.		378,776		149,942,267		3.2	%
	Gilead Sciences, Inc.		694,162		57,067,058		1.2	%
	Merck & Co., Inc.		493,090		56,937,102		1.2	%
	Zoetis, Inc.		201,953		35,499,298		0.8	%

45

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Other Securities			$	168,377,055		3.6	%
TOTAL HEALTH CARE					708,427,000		15.3	%
INDUSTRIALS — (14.2%)
	3M Co.		310,822		33,015,513		0.7	%
	Automatic Data Processing, Inc.		186,986		41,136,920		0.9	%
	Caterpillar, Inc.		272,530		59,629,564		1.3	%
	Deere & Co.		147,838		55,885,721		1.2	%
	Illinois Tool Works, Inc.		135,400		32,758,676		0.7	%
	Lockheed Martin Corp.		112,034		52,034,191		1.1	%
	Union Pacific Corp.		308,247		60,323,938		1.3	%
	United Parcel Service, Inc., Class B		393,803		70,809,717		1.5	%
	Waste Management, Inc.		218,335		36,254,527		0.8	%
	WW Grainger, Inc.		44,501		30,953,561		0.7	%
	Other Securities				183,948,059		3.9	%
TOTAL INDUSTRIALS					656,750,387		14.1	%
INFORMATION TECHNOLOGY — (27.2%)
	Accenture PLC, Class A		293,879		82,371,345		1.8	%
	Apple, Inc.		1,441,023		244,512,783		5.3	%
	Applied Materials, Inc.		493,558		55,786,861		1.2	%
	Broadcom, Inc.		206,313		129,255,094		2.8	%
	International Business Machines Corp.		476,470		60,230,573		1.3	%
	Lam Research Corp.		72,492		37,991,607		0.8	%
	Microsoft Corp.		828,326		254,511,447		5.5	%
	Oracle Corp.		1,054,524		99,884,513		2.2	%
	QUALCOMM, Inc.		560,047		65,413,490		1.4	%
	Texas Instruments, Inc.		439,280		73,447,616		1.6	%
	Other Securities				160,099,133		3.3	%
TOTAL INFORMATION TECHNOLOGY					1,263,504,462		27.2	%
MATERIALS — (2.6%)
	LyondellBasell Industries NV, Class A		311,555		29,476,219		0.6	%
	Nucor Corp.		249,069		36,907,044		0.8	%
	Other Securities				53,089,302		1.2	%
TOTAL MATERIALS					119,472,565		2.6	%
TOTAL COMMON STOCKS (Cost $3,394,817,835)					4,603,436,981		99.1	%
TEMPORARY CASH INVESTMENTS — (0.7%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		35,601,045		35,601,045		0.7	%
SECURITIES LENDING COLLATERAL — (0.1%)
@§	The DFA Short Term Investment Fund		309,583		3,580,945		0.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,433,999,238)				$	4,642,618,971		99.9	%

46

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

As of April 30, 2023, U.S. High Relative Profitability Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		158		06/16/23	$	31,525,576	$	33,089,150	$	1,563,574
Total Futures Contracts					$	31,525,576	$	33,089,150	$	1,563,574

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	112,081,294		—		—	$	112,081,294
Consumer Discretionary		521,505,537	$	300,228		—		521,805,765
Consumer Staples		622,027,210		—		—		622,027,210
Energy		131,285,955		—		—		131,285,955
Financials		468,082,343		—		—		468,082,343
Health Care		708,427,000		—		—		708,427,000
Industrials		656,750,387		—		—		656,750,387
Information Technology		1,263,504,462		—		—		1,263,504,462
Materials		119,472,565		—		—		119,472,565
Temporary Cash Investments		35,601,045		—		—		35,601,045
Securities Lending Collateral		—		3,580,945		—		3,580,945
Futures Contracts**		1,563,574		—		—		1,563,574
TOTAL	$	4,640,301,372	$	3,881,173		—	$	4,644,182,545

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

47

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (97.0%)
REAL ESTATE — (97.0%)
#	Agree Realty Corp.		585,659	$	39,818,955		0.5	%
	Alexandria Real Estate Equities, Inc.		1,079,596		134,064,231		1.8	%
	American Homes 4 Rent, Class A		2,108,252		70,120,462		0.9	%
	American Tower Corp.		3,027,468		618,784,185		8.1	%
	Americold Realty Trust, Inc.		1,742,787		51,569,067		0.7	%
	Apartment Income REIT Corp.		966,317		35,734,403		0.5	%
	AvalonBay Communities, Inc.		908,931		163,943,884		2.1	%
	Boston Properties, Inc.		970,601		51,791,269		0.7	%
	Brixmor Property Group, Inc.		1,945,362		41,494,571		0.5	%
	Camden Property Trust		654,158		71,990,088		0.9	%
	Crown Castle, Inc.		2,692,457		331,414,532		4.3	%
	CubeSmart		1,461,129		66,466,758		0.9	%
	Digital Realty Trust, Inc.		1,897,205		188,107,876		2.5	%
	EastGroup Properties, Inc.		285,021		47,473,098		0.6	%
	Equinix, Inc.		607,061		439,560,729		5.8	%
	Equity LifeStyle Properties, Inc.		1,146,079		78,964,843		1.0	%
	Equity Residential		2,345,230		148,335,797		1.9	%
	Essex Property Trust, Inc.		420,114		92,311,649		1.2	%
	Extra Space Storage, Inc.		875,013		133,036,977		1.7	%
	Federal Realty Investment Trust		469,614		46,440,128		0.6	%
	First Industrial Realty Trust, Inc.		856,050		44,916,943		0.6	%
	Gaming & Leisure Properties, Inc.		1,711,804		89,013,808		1.2	%
	Healthcare Realty Trust, Inc., Class A		2,450,371		48,468,338		0.6	%
	Healthpeak Properties, Inc.		3,591,594		78,907,320		1.0	%
	Host Hotels & Resorts, Inc.		4,622,522		74,746,181		1.0	%
	Invitation Homes, Inc.		3,975,664		132,667,908		1.7	%
#	Iron Mountain, Inc.		1,886,880		104,231,251		1.4	%
	Kimco Realty Corp.		4,006,913		76,892,660		1.0	%
	Lamar Advertising Co., Class A		568,396		60,068,089		0.8	%
	Life Storage, Inc.		554,600		74,527,148		1.0	%
#	Medical Properties Trust, Inc.		3,886,946		34,088,516		0.4	%
	Mid-America Apartment Communities, Inc.		760,905		117,027,189		1.5	%
	National Retail Properties, Inc.		1,181,078		51,376,893		0.7	%
#	Omega Healthcare Investors, Inc.		1,519,237		40,654,782		0.5	%
	Prologis, Inc.		6,010,071		752,761,393		9.9	%
	Public Storage		1,030,597		303,850,914		4.0	%
	Realty Income Corp.		4,343,758		272,961,753		3.6	%
	Regency Centers Corp.		1,000,881		61,484,120		0.8	%
	Rexford Industrial Realty, Inc.		1,288,580		71,864,107		0.9	%
	SBA Communications Corp.		703,161		183,447,673		2.4	%
	Simon Property Group, Inc.		2,124,250		240,720,010		3.2	%
	Spirit Realty Capital, Inc.		915,490		35,209,745		0.5	%
	STAG Industrial, Inc.		1,173,711		39,753,592		0.5	%
	Sun Communities, Inc.		806,272		112,015,369		1.5	%
	UDR, Inc.		2,133,638		88,183,259		1.2	%
	Ventas, Inc.		2,600,807		124,968,776		1.6	%
	VICI Properties, Inc.		6,533,687		221,753,337		2.9	%
	Welltower, Inc.		3,222,298		255,270,448		3.3	%
	WP Carey, Inc.		1,382,532		102,583,874		1.3	%

48

DFA REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
REAL ESTATE — (Continued)
	Other Securities			$	815,732,493		10.8	%
TOTAL COMMON STOCKS (Cost $4,813,837,758)					7,561,571,391		99.0	%
TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		67,967,544		67,967,544		0.9	%
SECURITIES LENDING COLLATERAL — (2.1%)
@§	The DFA Short Term Investment Fund		14,570,208		168,533,591		2.2	%
TOTAL INVESTMENTS—(100.0%) (Cost $5,050,325,284)				$	7,798,072,526		102.1	%

As of April 30, 2023, DFA Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		309		06/16/23	$	61,225,923	$	64,712,325	$	3,486,402
Total Futures Contracts					$	61,225,923	$	64,712,325	$	3,486,402

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Real Estate	$	7,561,571,391		—		—	$	7,561,571,391
Temporary Cash Investments		67,967,544		—		—		67,967,544
Securities Lending Collateral		—	$	168,533,591		—		168,533,591
Futures Contracts**		3,486,402		—		—		3,486,402
TOTAL	$	7,633,025,337	$	168,533,591		—	$	7,801,558,928

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

49

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	Enhanced U.S. Large Company Portfolio*			U.S. Large Cap Equity Portfolio*		U.S. Large Cap Value Portfolio		U.S. Targeted Value Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—			—	$	22,783,485		—
Investment Securities at Value (including $1,933, $20,052, $0 and $860,061 of securities on loan, respectively)	$	210,892		$	1,596,539		—	$	11,400,737
Temporary Cash Investments at Value & Cost		—			2,306		—		89,357
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $1,976, $3,971, $0 and $698,093, respectively)		1,977			3,971		—		698,209
Segregated Cash for Futures Contracts		—			—		—		5,555
Foreign Currencies at Value		15			—		—		—
Cash		3,688			—		—		—
Receivables:
Investment Securities Sold		—			1,970		—		18,529
Dividends and Interest		1,575			1,295		—		4,372
Securities Lending Income		1			4		—		180
Fund Shares Sold		18			251		10,170		5,718
Futures Margin Variation		4,077			—		—		862
Unrealized Gain on Forward Currency Contracts		232			—		—		—
Prepaid Expenses and Other Assets		16			18		109		99
Total Assets		222,491			1,606,354		22,793,764		12,223,618
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,976			3,986		—		698,600
Investment Securities Purchased		—			480		—		2,946
Fund Shares Redeemed		1			1,872		14,314		9,306
Due to Advisor		17			131		1,676		2,584
Unrealized Loss on Forward Currency Contracts		58			—		—		—
Accrued Expenses and Other Liabilities		29			107		501		572
Total Liabilities		2,081			6,576		16,491		714,008
NET ASSETS	$	220,410		$	1,599,778	$	22,777,273	$	11,509,610
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R1 Shares — based on net assets of $0; $0; $0 and $33,419 and shares outstanding of 0, 0, 0 and 1,241,347, respectively		N/A			N/A		N/A	$	26.92
NUMBER OF SHARES AUTHORIZED		N/A			N/A		N/A		200,000,000
Class R2 Shares — based on net assets of $0; $0; $0 and $73,112 and shares outstanding of 0, 0, 0 and 2,731,618, respectively		N/A			N/A		N/A	$	26.77
NUMBER OF SHARES AUTHORIZED		N/A			N/A		N/A		200,000,000
Institutional Class Shares — based on net assets of $220,410; $1,599,778; $22,777,273 and $11,403,079 and shares outstanding of 19,820,822, 66,960,233, 543,290,636 and 423,507,210, respectively	$	11.12		$	23.89	$	41.92	$	26.93
NUMBER OF SHARES AUTHORIZED		1,000,000,000			1,000,000,000		4,000,000,000		1,500,000,000
Investment Securities at Cost	$	217,375		$	796,237		N/A	$	8,383,100
Foreign Currencies at Cost	$	15		$	—	$	—	$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	278,804		$	747,582	$	13,641,862	$	8,101,376
Total Distributable Earnings (Loss)		(58,394	)		852,196		9,135,411		3,408,234
NET ASSETS	$	220,410		$	1,599,778	$	22,777,273	$	11,509,610

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

50

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

			U.S. Core		U.S. Core		U.S. Vector
	U.S. Small Cap		Equity 1		Equity 2		Equity
	Value Portfolio*		Portfolio*		Portfolio*		Portfolio*
ASSETS:
Investment Securities at Value (including $1,402,544, $1,035,431, $1,250,844 and $322,945 of securities on loan, respectively)	$	13,105,428	$	28,513,309	$	29,330,995	$	4,188,636
Temporary Cash Investments at Value & Cost		128,336		242,325		255,183		37,671
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $1,164,689, $864,950, $950,244 and $278,416, respectively)		1,164,800		864,992		950,371		278,454
Segregated Cash for Futures Contracts		6,541		13,160		13,541		1,982
Cash		—		1,013		1,213		461
Receivables:
Investment Securities Sold		17,191		19,315		14,030		3,964
Dividends and Interest		5,562		23,663		23,024		2,989
Securities Lending Income		210		249		280		69
Fund Shares Sold		7,607		12,487		7,843		1,476
Futures Margin Variation		1,015		2,041		2,100		308
Prepaid Expenses and Other Assets		120		157		155		38
Total Assets		14,436,810		29,692,711		30,598,735		4,516,048
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,164,846		865,393		950,878		278,539
Investment Securities Purchased		26,694		10,802		11,561		3,163
Fund Shares Redeemed		7,785		10,922		13,205		1,222
Due to Advisor		3,056		2,821		3,871		871
Accrued Expenses and Other Liabilities		743		939		1,069		212
Total Liabilities		1,203,124		890,877		980,584		284,007
NET ASSETS	$	13,233,686	$	28,801,834	$	29,618,151	$	4,232,041
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $13,233,686; $28,801,834; $29,618,151 and $4,232,041 and shares outstanding of 344,720,743, 911,215,461, 1,034,361,897 and 196,022,943, respectively	$	38.39	$	31.61	$	28.63	$	21.59
NUMBER OF SHARES AUTHORIZED		3,400,000,000		3,000,000,000		4,600,000,000		2,000,000,000
Investment Securities at Cost	$	9,415,551	$	12,811,624	$	13,266,510	$	2,167,059
NET ASSETS CONSIST OF:
Paid-In Capital	$	8,833,265	$	12,634,616	$	12,855,594	$	2,070,792
Total Distributable Earnings (Loss)		4,400,421		16,167,218		16,762,557		2,161,249
NET ASSETS	$	13,233,686	$	28,801,834	$	29,618,151	$	4,232,041

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

51

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

					U.S. High		DFA Real
					Relative		Estate
	U.S. Small Cap		U.S. Micro Cap		Profitability		Securities
	Portfolio*		Portfolio*		Portfolio*		Portfolio*
ASSETS:
Investment Securities at Value (including $1,340,094, $936,564, $3,469 and $183,781 of securities on loan, respectively)	$	13,258,601	$	6,169,292	$	4,603,437	$	7,561,571
Temporary Cash Investments at Value & Cost		122,507		62,546		35,601		67,968
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $1,074,359, $796,122, $3,580 and $168,520, respectively)		1,074,505		796,152		3,581		168,534
Segregated Cash for Futures Contracts		7,503		3,629		1,769		3,461
Cash		3,996		2,582		—		—
Receivables:
Investment Securities Sold		3,360		5,083		3,254		—
Dividends and Interest		4,557		2,548		5,348		5,263
Securities Lending Income		303		143		2		29
Fund Shares Sold		6,216		5,293		1,350		3,821
Futures Margin Variation		1,058		563		275		537
Prepaid Expenses and Other Assets		92		48		85		57
Total Assets		14,482,698		7,047,879		4,654,702		7,811,241
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,075,144		796,328		3,578		168,848
Investment Securities Purchased		6,835		6,310		—		—
Fund Shares Redeemed		7,795		2,380		4,414		5,506
Due to Advisor		2,771		1,974		723		955
Accrued Expenses and Other Liabilities		676		357		243		521
Total Liabilities		1,093,221		807,349		8,958		175,830
NET ASSETS	$	13,389,477	$	6,240,530	$	4,645,744	$	7,635,411
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $13,389,477; $6,240,530; $4,645,744 and $7,635,411 and shares outstanding of 343,596,590, 274,507,389, 256,289,708 and 204,407,799, respectively	$	38.97	$	22.73	$	18.13	$	37.35
NUMBER OF SHARES AUTHORIZED		2,000,000,000		3,000,000,000		500,000,000		1,700,000,000
Investment Securities at Cost	$	8,114,436	$	3,981,574	$	3,394,818	$	4,813,837
NET ASSETS CONSIST OF:
Paid-In Capital	$	7,570,320	$	3,792,765	$	3,397,259	$	4,841,700
Total Distributable Earnings (Loss)		5,819,157		2,447,765		1,248,485		2,793,711
NET ASSETS	$	13,389,477	$	6,240,530	$	4,645,744	$	7,635,411

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

52

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	Enhanced U.S. Large Company Portfolio#			U.S. Large Cap Equity Portfolio#			U.S. Large Cap Value Portfolio*			U.S. Targeted Value Portfolio#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $0 and $0, respectively)		—			—		$	290,554			—
Interest		—			—			3,948			—
Income from Securities Lending		—			—			364			—
Expenses Allocated from Affiliated Investment Companies		—			—			(12,513	)		—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			282,353			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $4, $0 and $155, respectively)		—		$	14,137			—		$	115,127
Interest	$	3,433			—			—			—
Income from Securities Lending		5			36			—			1,128
Total Fund Investment Income		3,438			14,173			—			116,255
Fund Expenses
Investment Management Fees		140			794			21,910			16,203
Accounting & Transfer Agent Fees		24			156			1,516			685
S&P 500® Fees		8			—			—			—
Custodian Fees		8			11			—			89
Shareholder Servicing Fees
Class R1 Shares		—			—			—			17
Class R2 Shares		—			—			—			92
Filing Fees		11			17			105			84
Shareholders’ Reports		11			19			165			166
Directors’/Trustees’ Fees & Expenses		2			7			94			48
Professional Fees		1			10			90			77
Previously Waived Fees Recovered by Advisor (Note C)		1			—			—			—
Other		4			36			65			161
Total Fund Expenses		210			1,050			23,945			17,622
Fees Waived, Expenses Reimbursed by Advisor (Note C)		34			—			11,531			—
Fees Paid Indirectly (Note C)		3			—			—			—
Net Expenses		173			1,050			12,414			17,622
Net Investment Income (Loss)		3,265			13,123			269,939			98,633
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(2,137	)		52,149			—			391,438
Affiliated Investment Companies Shares Sold		(1	)		(1	)		—			(82	)
Transactions Allocated from Affiliated Investment Company**		—			—			569,767			—
Futures		(8,205	)		19			—			2,549
Foreign Currency Transactions		10			—			—			—
Forward Currency Contracts		(539	)		—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		6,309			49,517			—			(755,194	)
Affiliated Investment Companies Shares		4			3			—			432
Transactions Allocated from Affiliated Investment Company		—			—			(234,014	)		—
Futures		21,604			—			—			1,248
Translation of Foreign Currency-Denominated Amounts		8			—			—			—
Forward Currency Contracts		(348	)		—			—			—
Net Realized and Unrealized Gain (Loss)		16,705			101,687			335,753			(359,609	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	19,970		$	114,810		$	605,692		$	(260,976	)

** Net of foreign capital gain taxes withheld of $0, $0, $0 and $0, respectively.

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

53

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	U.S. Small Cap Value Portfolio#			U.S. Core Equity 1 Portfolio#			U.S. Core Equity 2 Portfolio#			U.S. Vector Equity Portfolio#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $266, $86, $96 and $23, respectively)	$	146,105		$	257,379		$	264,786		$	43,348
Income from Securities Lending		1,219			1,472			1,689			420
Total Investment Income		147,324			258,851			266,475			43,768
Expenses
Investment Management Fees		19,490			16,858			23,346			5,451
Accounting & Transfer Agent Fees		1,162			2,408			2,395			401
Custodian Fees		98			148			153			31
Filing Fees		94			201			155			35
Shareholders’ Reports		161			139			146			46
Directors’/Trustees’ Fees & Expenses		57			114			119			18
Professional Fees		76			169			176			24
Other		173			361			379			60
Total Expenses		21,311			20,398			26,869			6,066
Net Expenses		21,311			20,398			26,869			6,066
Net Investment Income (Loss)		126,013			238,453			239,606			37,702
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		652,086			394,891			623,485			131,337
Affiliated Investment Companies Shares Sold		77			101			(98	)		(13	)
Futures		13,743			(5,052	)		(1,231	)		(1,242	)
In-Kind Redemptions		73,233			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,245,488	)		1,058,765			805,210			(122,415	)
Affiliated Investment Companies Shares		430			443			470			142
Futures		(1,091	)		20,253			16,313			2,864
Net Realized and Unrealized Gain (Loss)		(507,010	)		1,469,401			1,444,149			10,673
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(380,997	)	$	1,707,854		$	1,683,755		$	48,375

** Net of foreign capital gain taxes withheld of $0, $0, $0 and $0, respectively.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

54

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	U.S. Small Cap Portfolio#			U.S. Micro Cap Portfolio#			U.S. High Relative Profitability Portfolio#			DFA Real Estate Securities Portfolio#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $112, $76, $2 and $0, respectively)	$	112,915		$	53,939		$	46,607		$	136,672
Income from Securities Lending		1,601			817			27			198
Total Investment Income		114,516			54,756			46,634			136,870
Fund Expenses
Investment Management Fees		17,232			12,236			4,401			6,669
Accounting & Transfer Agent Fees		925			515			469			694
Custodian Fees		109			60			25			46
Filing Fees		70			63			61			64
Shareholders’ Reports		141			62			70			142
Directors’/Trustees’ Fees & Expenses		55			26			19			34
Professional Fees		76			35			28			47
Other		177			79			77			97
Total Fund Expenses		18,785			13,076			5,150			7,793
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			—			732
Net Expenses		18,785			13,076			5,150			7,061
Net Investment Income (Loss)		95,731			41,680			41,484			129,809
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		668,677			226,600			31,763			61,879
Affiliated Investment Companies Shares Sold		(74	)		(34	)		7			(82	)
Futures		4,578			(15	)		(1,483	)		5,114
In-Kind Redemptions		750			30,284			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(866,590	)		(477,417	)		286,021			49,076
Affiliated Investment Companies Shares		651			264			1			173
Futures		3,633			1,673			3,000			766
Net Realized and Unrealized Gain (Loss)		(188,375	)		(218,645	)		319,309			116,926
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(92,644	)	$	(176,965	)	$	360,793		$	246,735

** Net of foreign capital gain taxes withheld of $0, $0, $0 and $0, respectively.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

55

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Enhanced U.S. Large Company Portfolio						U.S. Large Cap Equity Portfolio						U.S. Large Cap Value Portfolio***
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	3,265		$	4,235		$	13,123		$	27,396		$	269,939		$	502,676
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(2,137	)		(18,469	)		52,149			55,532			—			—
Affiliated Investment Companies Shares Sold		(1	)		2			(1	)		(4	)		—			—
Transactions Allocated from Affiliated Investment Company*,**		—			—			—			—			569,767			638,941
Futures		(8,205	)		(26,807	)		19			107			—			—
Foreign Currency Transactions		10			(30	)		—			—			—			—
Forward Currency Contracts		(539	)		8,012			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		6,309			(10,721	)		49,517			(370,165	)		—			—
Affiliated Investment Companies Shares		4			(2	)		3			(5	)		—			—
Transactions Allocated from Affiliated Investment Company		—			—			—			—			(234,014	)		(2,005,602	)
Futures		21,604			(30,214	)		—			—			—			—
Translation of Foreign Currency-Denominated Amounts		8			(23	)		—			—			—			—
Forward Currency Contracts		(348	)		3,153			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		19,970			(70,864	)		114,810			(287,139	)		605,692			(863,985	)
Distributions:
Institutional Class Shares		(4,302	)		(133,571	)		(61,525	)		(90,612	)		(789,599	)		(1,117,729	)
Capital Share Transactions (1):
Shares Issued		8,139			48,491			62,484			213,960			1,437,769			4,190,043
Shares Issued in Lieu of Cash Distributions		4,289			133,398			54,448			81,512			720,290			1,033,573
Shares Redeemed		(66,327	)		(145,680	)		(184,237	)		(504,737	)		(2,491,766	)		(5,256,718	)
Net Increase (Decrease) from Capital Share Transactions		(53,899	)		36,209			(67,305	)		(209,265	)		(333,707	)		(33,102	)
Total Increase (Decrease) in Net Assets		(38,231	)		(168,226	)		(14,020	)		(587,016	)		(517,614	)		(2,014,816	)
Net Assets
Beginning of Period		258,641			426,867			1,613,798			2,200,814			23,294,887			25,309,703
End of Period	$	220,410		$	258,641		$	1,599,778		$	1,613,798		$	22,777,273		$	23,294,887
(1) Shares Issued and Redeemed:
Shares Issued		770			3,691			2,699			8,558			34,014			96,435
Shares Issued in Lieu of Cash Distributions		404			10,160			2,353			3,061			17,127			23,697
Shares Redeemed		(6,309	)		(11,934	)		(7,941	)		(20,072	)		(58,814	)		(120,437	)
Net Increase (Decrease) from Shares Issued and Redeemed		(5,135	)		1,917			(2,889	)		(8,453	)		(7,673	)		(305	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

*** 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.

56

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Targeted Value Portfolio						U.S. Small Cap Value Portfolio						U.S. Core Equity 1 Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	98,633		$	177,788		$	126,013		$	231,839		$	238,453		$	449,395
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		391,438			481,149			652,086			724,122			394,891			746,757
Affiliated Investment Companies Shares Sold		(82	)		(183	)		77			(244	)		101			(228	)
Futures		2,549			(21,845	)		13,743			(14,918	)		(5,052	)		(31,585	)
In-Kind Redemptions		—			—			73,233			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(755,194	)		(802,130	)		(1,245,488	)		(849,358	)		1,058,765			(5,000,570	)
Affiliated Investment Companies Shares		432			(345	)		430			(387	)		443			(421	)
Futures		1,248			398			(1,091	)		4,538			20,253			(15,318	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(260,976	)		(165,168	)		(380,997	)		95,592			1,707,854			(3,851,970	)
Distributions:
Class R1 Shares		(1,404	)		(5,129	)		—			—			—			—
Class R2 Shares		(3,169	)		(5,446	)		—			—			—			—
Institutional Class Shares		(513,794	)		(964,425	)		(825,814	)		(1,470,644	)		(874,742	)		(1,269,285	)
Total Distributions		(518,367	)		(975,000	)		(825,814	)		(1,470,644	)		(874,742	)		(1,269,285	)
Capital Share Transactions (1):
Shares Issued		1,300,467			2,691,895			1,109,759			2,634,579			1,531,052			4,313,735
Shares Issued in Lieu of Cash Distributions		484,439			935,419			755,277			1,344,674			842,095			1,221,541
Shares Redeemed		(1,349,388	)		(3,369,049	)		(1,768,977	)		(3,405,110	)		(2,459,707	)		(5,743,780	)
Net Increase (Decrease) from Capital Share Transactions		435,518			258,265			96,059			574,143			(86,560	)		(208,504	)
Total Increase (Decrease) in Net Assets		(343,825	)		(881,903	)		(1,110,752	)		(800,909	)		746,552			(5,329,759	)
Net Assets
Beginning of Period		11,853,435			12,735,338			14,344,438			15,145,347			28,055,282			33,385,041
End of Period	$	11,509,610		$	11,853,435		$	13,233,686		$	14,344,438		$	28,801,834		$	28,055,282
(1) Shares Issued and Redeemed:
Shares Issued		45,399			93,255			27,290			63,267			49,428			132,367
Shares Issued in Lieu of Cash Distributions		17,414			32,294			18,970			32,160			27,351			35,760
Shares Redeemed		(47,766	)		(116,048	)		(43,012	)		(80,833	)		(79,406	)		(175,289	)
Net Increase (Decrease) from Shares Issued and Redeemed		15,047			9,501			3,248			14,594			(2,627	)		(7,162	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

57

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Core Equity 2 Portfolio						U.S. Vector Equity Portfolio						U.S. Small Cap Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	239,606		$	448,257		$	37,702		$	70,009		$	95,731		$	163,574
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		623,485			908,780			131,337			159,333			668,677			597,912
Affiliated Investment Companies Shares Sold		(98	)		(225	)		(13	)		(49	)		(74	)		(303	)
Futures		(1,231	)		(34,730	)		(1,242	)		(5,485	)		4,578			(21,083	)
In-Kind Redemptions		—			—			—			—			750			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		805,210			(5,092,843	)		(122,415	)		(594,083	)		(866,590	)		(2,273,036	)
Affiliated Investment Companies Shares		470			(384	)		142			(121	)		651			(567	)
Futures		16,313			(11,179	)		2,864			(1,963	)		3,633			(1,773	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,683,755			(3,782,324	)		48,375			(372,359	)		(92,644	)		(1,535,276	)
Distributions:
Institutional Class Shares		(1,024,622	)		(1,676,395	)		(176,467	)		(387,023	)		(612,129	)		(1,001,810	)
Capital Share Transactions (1):
Shares Issued		1,366,695			3,998,679			237,157			667,556			922,139			2,418,174
Shares Issued in Lieu of Cash Distributions		1,009,622			1,650,798			171,180			381,930			571,521			944,361
Shares Redeemed		(2,691,246	)		(6,065,708	)		(473,264	)		(1,047,819	)		(1,283,012	)		(3,689,252	)
Net Increase (Decrease) from Capital Share Transactions		(314,929	)		(416,231	)		(64,927	)		1,667			210,648			(326,717	)
Total Increase (Decrease) in Net Assets		344,204			(5,874,950	)		(193,019	)		(757,715	)		(494,125	)		(2,863,803	)
Net Assets
Beginning of Period		29,273,947			35,148,897			4,425,060			5,182,775			13,883,602			16,747,405
End of Period	$	29,618,151		$	29,273,947		$	4,232,041		$	4,425,060		$	13,389,477		$	13,883,602
(1) Shares Issued and Redeemed:
Shares Issued		48,537			134,993			10,746			28,984			22,869			57,023
Shares Issued in Lieu of Cash Distributions		36,051			52,814			7,859			16,017			14,403			21,166
Shares Redeemed		(95,363	)		(202,581	)		(21,493	)		(45,273	)		(31,794	)		(85,366	)
Net Increase (Decrease) from Shares Issued and Redeemed		(10,775	)		(14,774	)		(2,888	)		(272	)		5,478			(7,177	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

58

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Micro Cap Portfolio						U.S. High Relative Profitability Portfolio						DFA Real Estate Securities Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	41,680		$	72,387		$	41,484		$	84,301		$	129,809		$	195,121
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		226,600			280,167			31,763			113,487			61,879			343,226
Affiliated Investment Companies Shares Sold		(34	)		(141	)		7			(7	)		(82	)		(91	)
Futures		(15	)		(16,098	)		(1,483	)		(7,134	)		5,114			(10,229	)
In-Kind Redemptions		30,284			37,518			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(477,417	)		(939,247	)		286,021			(678,479	)		49,076			(2,500,744	)
Affiliated Investment Companies Shares		264			(266	)		1			—			173			(185	)
Futures		1,673			119			3,000			(2,379	)		766			323
Net Increase (Decrease) in Net Assets Resulting from Operations		(176,965	)		(565,561	)		360,793			(490,211	)		246,735			(1,972,579	)
Distributions:
Institutional Class Shares		(283,212	)		(741,898	)		(126,011	)		(193,881	)		(454,375	)		(291,803	)
Capital Share Transactions (1):
Shares Issued		411,563			1,087,837			370,420			1,190,255			712,506			1,555,500
Shares Issued in Lieu of Cash Distributions		259,458			683,212			124,973			193,188			426,023			263,575
Shares Redeemed		(445,748	)		(1,442,021	)		(746,729	)		(1,872,690	)		(1,364,404	)		(2,700,865	)
Net Increase (Decrease) from Capital Share Transactions		225,273			329,028			(251,336	)		(489,247	)		(225,875	)		(881,790	)
Total Increase (Decrease) in Net Assets		(234,904	)		(978,431	)		(16,554	)		(1,173,339	)		(433,515	)		(3,146,172	)
Net Assets
Beginning of Period		6,475,434			7,453,865			4,662,298			5,835,637			8,068,926			11,215,098
End of Period	$	6,240,530		$	6,475,434		$	4,645,744		$	4,662,298		$	7,635,411		$	8,068,926
(1) Shares Issued and Redeemed:
Shares Issued		17,309			43,512			20,951			65,459			18,854			34,851
Shares Issued in Lieu of Cash Distributions		11,098			25,842			7,027			10,217			11,264			5,474
Shares Redeemed		(18,705	)		(56,767	)		(42,220	)		(104,293	)		(35,891	)		(59,493	)
Net Increase (Decrease) from Shares Issued and Redeemed		9,702			12,587			(14,242	)		(28,617	)		(5,773	)		(19,168	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

59

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Enhanced U.S. Large Company Portfolio																		U.S. Large Cap Equity Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	10.36		$	18.53		$	14.06		$	14.02		$	13.03		$	14.54		$	23.10		$	28.11		$	20.01		$	18.61		$	16.75		$	15.93
Income from Investment Operations (A)
Net Investment Income (Loss)		0.15			0.15			0.10			0.12			0.26			0.26			0.19			0.37			0.33			0.32			0.31			0.28
Net Gains (Losses) on Securities (Realized and Unrealized)		0.79			(2.48	)		5.49			1.17			1.60			0.52			1.50			(4.19	)		8.11			1.42			1.86			0.81
Total from Investment Operations		0.94			(2.33	)		5.59			1.29			1.86			0.78			1.69			(3.82	)		8.44			1.74			2.17			1.09
Less Distributions:
Net Investment Income		(0.18	)		(0.11	)		(0.13	)		(0.11	)		(0.30	)		(0.25	)		(0.17	)		(0.34	)		(0.34	)		(0.31	)		(0.31	)		(0.27	)
Net Realized Gains		—			(5.73	)		(0.99	)		(1.14	)		(0.57	)		(2.04	)		(0.73	)		(0.85	)		—			(0.03	)		—			—
Total Distributions		(0.18	)		(5.84	)		(1.12	)		(1.25	)		(0.87	)		(2.29	)		(0.90	)		(1.19	)		(0.34	)		(0.34	)		(0.31	)		(0.27	)
Net Asset Value, End of Period	$	11.12		$	10.36		$	18.53		$	14.06		$	14.02		$	13.03		$	23.89		$	23.10		$	28.11		$	20.01		$	18.61		$	16.75
Total Return		9.16	%(B)		(19.24	%)		41.82	%		9.55	%		15.67	%		5.62	%		7.45	%(B)		(14.12	%)		42.42	%		9.52	%		13.13	%		6.82	%
Net Assets, End of Period (thousands)	$	220,410		$	258,641		$	426,867		$	433,322		$	386,750		$	327,063		$	1,599,778		$	1,613,798		$	2,200,814		$	1,693,438		$	1,611,529		$	1,457,218
Ratio of Expenses to Average Net Assets		0.15	%(C)		0.15	%		0.15	%		0.15	%		0.15	%		0.15	%		0.13	%(C)		0.13	%		0.14	%		0.16	%		0.19	%		0.17	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.18	%(C)		0.17	%		0.17	%		0.22	%		0.25	%		0.23	%		0.13	%(C)		0.13	%		0.14	%		0.16	%		0.19	%		0.17	%
Ratio of Net Investment Income to Average Net Assets		2.80	%(C)		1.26	%		0.59	%		0.89	%		1.98	%		1.94	%		1.65	%(C)		1.45	%		1.32	%		1.68	%		1.77	%		1.64	%
Portfolio Turnover Rate		12	%(B)		118	%		70	%		90	%		109	%		91	%		4	%(B)		7	%		7	%		20	%		22	%		7	%

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

See accompanying Notes to Financial Statements.

60

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Cap Value Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	42.28		$	45.91		$	31.40		$	37.13		$	37.41		$	38.84
Income from Investment Operations (A)
Net Investment Income (Loss)		0.49			0.91			0.76			0.79			0.83			0.78
Net Gains (Losses) on Securities (Realized and Unrealized)		0.60			(2.50	)		14.46			(4.98	)		1.45			0.35
Total from Investment Operations		1.09			(1.59	)		15.22			(4.19	)		2.28			1.13
Less Distributions:
Net Investment Income		(0.41	)		(0.82	)		(0.71	)		(0.73	)		(0.76	)		(0.73	)
Net Realized Gains		(1.04	)		(1.22	)		—			(0.81	)		(1.80	)		(1.83	)
Total Distributions		(1.45	)		(2.04	)		(0.71	)		(1.54	)		(2.56	)		(2.56	)
Net Asset Value, End of Period	$	41.92		$	42.28		$	45.91		$	31.40		$	37.13		$	37.41
Total Return		2.59	%(B)		(3.54	%)		48.68	%		(11.56	%)		6.97	%		2.79	%
Net Assets, End of Period (thousands)	$	22,777,273		$	23,294,887		$	25,309,703		$	18,715,077		$	25,656,577		$	25,268,336
Ratio of Expenses to Average Net Assets (D)		0.22	%(C)		0.21	%		0.23	%		0.27	%		0.28	%		0.27	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D)		0.32	%(C)		0.31	%		0.33	%		0.37	%		0.38	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		2.34	%(C)		2.09	%		1.80	%		2.38	%		2.33	%		1.98	%

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

See accompanying Notes to Financial Statements.

61

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Targeted Value Portfolio-Class R1 Shares
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	28.74		$	31.60		$	18.57		$	22.30		$	23.45		$	25.15
Income from Investment Operations (A)
Net Investment Income (Loss)		0.22			0.41			0.44			0.30			0.30			0.28
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.80	)		(0.88	)		13.00			(3.19	)		(0.24	)		(0.63	)
Total from Investment Operations		(0.58	)		(0.47	)		13.44			(2.89	)		0.06			(0.35	)
Less Distributions:
Net Investment Income		(0.20	)		(0.36	)		(0.41	)		(0.27	)		(0.27	)		(0.26	)
Net Realized Gains		(1.04	)		(2.03	)		—			(0.57	)		(0.94	)		(1.09	)
Total Distributions		(1.24	)		(2.39	)		(0.41	)		(0.84	)		(1.21	)		(1.35	)
Net Asset Value, End of Period	$	26.92		$	28.74		$	31.60		$	18.57		$	22.30		$	23.45
Total Return		(2.16	%)(B)		(1.48	%)		72.74	%		(13.34	%)		0.78	%		(1.61	%)
Net Assets, End of Period (thousands)	$	33,419		$	32,553		$	70,291		$	31,832		$	56,378		$	47,848
Ratio of Expenses to Average Net Assets		0.39	%(C)		0.40	%		0.43	%		0.47	%		0.48	%		0.47	%
Ratio of Net Investment Income to Average Net Assets		1.54	%(C)		1.38	%		1.52	%		1.56	%		1.34	%		1.10	%
Portfolio Turnover Rate		8	%(B)		18	%		13	%		20	%		16	%		23	%

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

See accompanying Notes to Financial Statements.

62

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Targeted Value Portfolio-Class R2 Shares
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	28.58		$	31.44		$	18.48		$	22.18		$	23.32		$	25.03
Income from Investment Operations (A)
Net Investment Income (Loss)		0.20			0.36			0.39			0.27			0.27			0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.79	)		(0.86	)		12.94			(3.16	)		(0.23	)		(0.63	)
Total from Investment Operations		(0.59	)		(0.50	)		13.33			(2.89	)		0.04			(0.39	)
Less Distributions:
Net Investment Income		(0.18	)		(0.33	)		(0.37	)		(0.24	)		(0.24	)		(0.23	)
Net Realized Gains		(1.04	)		(2.03	)		—			(0.57	)		(0.94	)		(1.09	)
Total Distributions		(1.22	)		(2.36	)		(0.37	)		(0.81	)		(1.18	)		(1.32	)
Net Asset Value, End of Period	$	26.77		$	28.58		$	31.44		$	18.48		$	22.18		$	23.32
Total Return		(2.19	%)(B)		(1.62	%)		72.45	%		(13.42	%)		0.64	%		(1.79	%)
Net Assets, End of Period (thousands)	$	73,112		$	74,146		$	73,279		$	52,931		$	72,669		$	108,168
Ratio of Expenses to Average Net Assets		0.54	%(C)		0.54	%		0.58	%		0.62	%		0.63	%		0.62	%
Ratio of Net Investment Income to Average Net Assets		1.40	%(C)		1.24	%		1.41	%		1.39	%		1.21	%		0.95	%
Portfolio Turnover Rate		8	%(B)		18	%		13	%		20	%		16	%		23	%

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

See accompanying Notes to Financial Statements.

63

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Targeted Value Portfolio-Institutional Class Shares
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	28.74		$	31.61		$	18.57		$	22.31		$	23.46		$	25.16
Income from Investment Operations (A)
Net Investment Income (Loss)		0.23			0.43			0.46			0.31			0.32			0.30
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.79	)		(0.87	)		13.02			(3.19	)		(0.23	)		(0.63	)
Total from Investment Operations		(0.56	)		(0.44	)		13.48			(2.88	)		0.09			(0.33	)
Less Distributions:
Net Investment Income		(0.21	)		(0.40	)		(0.44	)		(0.29	)		(0.30	)		(0.28	)
Net Realized Gains		(1.04	)		(2.03	)		—			(0.57	)		(0.94	)		(1.09	)
Total Distributions		(1.25	)		(2.43	)		(0.44	)		(0.86	)		(1.24	)		(1.37	)
Net Asset Value, End of Period	$	26.93		$	28.74		$	31.61		$	18.57		$	22.31		$	23.46
Total Return		(2.07	%)(B)		(1.39	%)		72.95	%		(13.27	%)		0.88	%		(1.52	%)
Net Assets, End of Period (thousands)	$	11,403,079		$	11,746,736		$	12,591,768		$	8,711,891		$	10,655,324		$	10,307,146
Ratio of Expenses to Average Net Assets		0.29	%(C)		0.30	%		0.33	%		0.37	%		0.38	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		1.65	%(C)		1.47	%		1.65	%		1.65	%		1.45	%		1.20	%
Portfolio Turnover Rate		8	%(B)		18	%		13	%		20	%		16	%		23	%

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

See accompanying Notes to Financial Statements.

64

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Small Cap Value Portfolio																		U.S. Core Equity 1 Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	42.01		$	46.33		$	27.34		$	32.79		$	36.39		$	39.07		$	30.70		$	36.25		$	25.24		$	24.71		$	22.77		$	22.01
Income from Investment Operations (A)
Net Investment Income (Loss)		0.37			0.68			0.80			0.44			0.42			0.39			0.26			0.49			0.44			0.41			0.40			0.36
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.52	)		(0.47	)		18.98			(4.95	)		(1.69	)		(0.90	)		1.62			(4.65	)		10.99			0.93			2.08			0.88
Total from Investment Operations		(1.15	)		0.21			19.78			(4.51	)		(1.27	)		(0.51	)		1.88			(4.16	)		11.43			1.34			2.48			1.24
Less Distributions:
Net Investment Income		(0.34	)		(0.67	)		(0.79	)		(0.38	)		(0.38	)		(0.37	)		(0.22	)		(0.45	)		(0.42	)		(0.39	)		(0.40	)		(0.35	)
Net Realized Gains		(2.13	)		(3.86	)		—			(0.56	)		(1.95	)		(1.80	)		(0.75	)		(0.94	)		—			(0.42	)		(0.14	)		(0.13	)
Total Distributions		(2.47	)		(4.53	)		(0.79	)		(0.94	)		(2.33	)		(2.17	)		(0.97	)		(1.39	)		(0.42	)		(0.81	)		(0.54	)		(0.48	)
Net Asset Value, End of Period	$	38.39		$	42.01		$	46.33		$	27.34		$	32.79		$	36.39		$	31.61		$	30.70		$	36.25		$	25.24		$	24.71		$	22.77
Total Return		(2.93	%)(B)		0.58	%		73.01	%		(14.11	%)		(3.04	%)		(1.48	%)		6.21	%(B)		(11.85	%)		45.50	%		5.55	%		11.18	%		5.59	%
Net Assets, End of Period (thousands)	$	13,233,686		$	14,344,438		$	15,145,347		$	10,481,057		$	13,766,513		$	14,732,615		$	28,801,834		$	28,055,282		$	33,385,041		$	24,427,934		$	26,592,058		$	23,629,726
Ratio of Expenses to Average Net Assets		0.31	%(C)		0.33	%		0.42	%		0.52	%		0.53	%		0.52	%		0.15	%(C)		0.14	%		0.15	%		0.18	%		0.20	%		0.19	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed)		0.31	%(C)		0.33	%		0.42	%		0.52	%		0.53	%		0.52	%		0.15	%(C)		0.14	%		0.15	%		0.18	%		0.20	%		0.19	%
Ratio of Net Investment Income to Average Net Assets		1.81	%(C)		1.62	%		1.94	%		1.56	%		1.26	%		1.00	%		1.70	%(C)		1.48	%		1.34	%		1.69	%		1.72	%		1.55	%
Portfolio Turnover Rate		12	%(B)		23	%		22	%		18	%		19	%		27	%		2	%(B)		5	%		4	%		3	%		5	%		3	%

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

See accompanying Notes to Financial Statements.

65

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Core Equity 2 Portfolio																		U.S. Vector Equity Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	28.01		$	33.16		$	22.79		$	22.66		$	21.25		$	20.90		$	22.25		$	26.02		$	17.00		$	18.71		$	18.40		$	19.16
Income from Investment Operations (A)
Net Investment Income (Loss)		0.23			0.42			0.39			0.36			0.36			0.34			0.19			0.35			0.31			0.27			0.28			0.26
Net Gains (Losses) on Securities (Realized and Unrealized)		1.38			(3.98	)		10.35			0.60			1.65			0.53			0.05			(2.17	)		9.00			(1.40	)		0.72			(0.10	)
Total from Investment Operations		1.61			(3.56	)		10.74			0.96			2.01			0.87			0.24			(1.82	)		9.31			(1.13	)		1.00			0.16
Less Distributions:
Net Investment Income		(0.20	)		(0.39	)		(0.37	)		(0.33	)		(0.37	)		(0.32	)		(0.17	)		(0.32	)		(0.29	)		(0.25	)		(0.27	)		(0.25	)
Net Realized Gains		(0.79	)		(1.20	)		—			(0.50	)		(0.23	)		(0.20	)		(0.73	)		(1.63	)		—			(0.33	)		(0.42	)		(0.67	)
Total Distributions		(0.99	)		(1.59	)		(0.37	)		(0.83	)		(0.60	)		(0.52	)		(0.90	)		(1.95	)		(0.29	)		(0.58	)		(0.69	)		(0.92	)
Net Asset Value, End of Period	$	28.63		$	28.01		$	33.16		$	22.79		$	22.66		$	21.25		$	21.59		$	22.25		$	26.02		$	17.00		$	18.71		$	18.40
Total Return		5.85	%(B)		(11.19	%)		47.35	%		4.37	%		9.78	%		4.16	%		1.03	%(B)		(7.42	%)		54.98	%		(6.12	%)		5.92	%		0.69	%
Net Assets, End of Period (thousands)	$	29,618,151		$	29,273,947		$	35,148,897		$	25,670,305		$	27,829,155		$	24,677,650		$	4,232,041		$	4,425,060		$	5,182,775		$	3,612,716		$	4,583,612		$	4,610,769
Ratio of Expenses to Average Net Assets		0.18	%(C)		0.18	%		0.19	%		0.21	%		0.22	%		0.22	%		0.28	%(C)		0.28	%		0.29	%		0.32	%		0.33	%		0.32	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed)		0.18	%(C)		0.18	%		0.19	%		0.21	%		0.22	%		0.22	%		0.28	%(C)		0.28	%		0.29	%		0.32	%		0.33	%		0.32	%
Ratio of Net Investment Income to Average Net Assets		1.64	%(C)		1.41	%		1.29	%		1.63	%		1.69	%		1.53	%		1.73	%(C)		1.49	%		1.31	%		1.59	%		1.53	%		1.35	%
Portfolio Turnover Rate		2	%(B)		5	%		5	%		3	%		6	%		5	%		4	%(B)		10	%		10	%		13	%		6	%		10	%

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

See accompanying Notes to Financial Statements.

66

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Small Cap Portfolio																		U.S. Micro Cap Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	41.06		$	48.50		$	31.00		$	33.80		$	35.02		$	36.48		$	24.45		$	29.55		$	18.19		$	20.78		$	21.88		$	22.76
Income from Investment Operations (A)
Net Investment Income (Loss)		0.28			0.48			0.50			0.35			0.38			0.39			0.15			0.27			0.24			0.18			0.20			0.17
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.55	)		(4.93	)		17.50			(2.02	)		(0.05	)		(0.08	)		(0.80	)		(2.41	)		11.37			(2.18	)		(0.26	)		0.12
Total from Investment Operations		(0.27	)		(4.45	)		18.00			(1.67	)		0.33			0.31			(0.65	)		(2.14	)		11.61			(2.00	)		(0.06	)		0.29
Less Distributions:
Net Investment Income		(0.26	)		(0.45	)		(0.50	)		(0.32	)		(0.35	)		(0.37	)		(0.14	)		(0.26	)		(0.25	)		(0.16	)		(0.18	)		(0.16	)
Net Realized Gains		(1.56	)		(2.54	)		—			(0.81	)		(1.20	)		(1.40	)		(0.93	)		(2.70	)		—			(0.43	)		(0.86	)		(1.01	)
Total Distributions		(1.82	)		(2.99	)		(0.50	)		(1.13	)		(1.55	)		(1.77	)		(1.07	)		(2.96	)		(0.25	)		(0.59	)		(1.04	)		(1.17	)
Net Asset Value, End of Period	$	38.97		$	41.06		$	48.50		$	31.00		$	33.80		$	35.02		$	22.73		$	24.45		$	29.55		$	18.19		$	20.78		$	21.88
Total Return		(0.73	%)(B)		(9.62	%)		58.30	%		(5.08	%)		1.41	%		0.77	%		(2.75	%)(B)		(7.93	%)		64.00	%		(9.87	%)		0.24	%		1.29	%
Net Assets, End of Period (thousands)	$	13,389,477		$	13,883,602		$	16,747,405		$	13,189,730		$	17,392,495		$	17,303,451		$	6,240,530		$	6,475,434		$	7,453,865		$	5,120,258		$	6,351,299		$	6,478,316
Ratio of Expenses to Average Net Assets		0.27	%(C)		0.29	%		0.33	%		0.36	%		0.37	%		0.37	%		0.41	%(C)		0.41	%		0.46	%		0.52	%		0.53	%		0.52	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed)		0.27	%(C)		0.29	%		0.33	%		0.36	%		0.37	%		0.37	%		0.41	%(C)		0.41	%		0.46	%		0.52	%		0.53	%		0.52	%
Ratio of Net Investment Income to Average Net Assets		1.39	%(C)		1.12	%		1.13	%		1.15	%		1.13	%		1.06	%		1.29	%(C)		1.08	%		0.90	%		1.00	%		0.98	%		0.74	%
Portfolio Turnover Rate		8	%(B)		13	%		12	%		3	%		8	%		13	%		11	%(B)		22	%		20	%		11	%		15	%		19	%

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

See accompanying Notes to Financial Statements.

67

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. High Relative Profitability Portfolio																		DFA Real Estate Securities Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	17.23		$	19.51		$	14.61		$	13.51		$	11.85		$	10.93		$	38.39		$	48.90		$	34.21		$	41.90		$	34.14		$	34.99
Income from Investment Operations (A)
Net Investment Income (Loss)		0.16			0.29			0.26			0.25			0.22			0.19			0.63			0.89			0.90			1.01			0.52	**		1.60
Net Gains (Losses) on Securities (Realized and Unrealized)		1.22			(1.91	)		4.89			1.07			1.64			0.89			0.53			(10.10	)		14.86			(7.77	)		8.09	**		(0.69	)
Total from Investment Operations		1.38			(1.62	)		5.15			1.32			1.86			1.08			1.16			(9.21	)		15.76			(6.76	)		8.61			0.91
Less Distributions:
Net Investment Income		(0.13	)		(0.27	)		(0.25	)		(0.22	)		(0.20	)		(0.16	)		(0.87	)		(0.79	)		(0.95	)		(0.87	)		(0.85	)		(1.65	)
Net Realized Gains		(0.35	)		(0.39	)		—			—			—			—			(1.33	)		(0.51	)		(0.12	)		(0.06	)		—			(0.11	)
Total Distributions		(0.48	)		(0.66	)		(0.25	)		(0.22	)		(0.20	)		(0.16	)		(2.20	)		(1.30	)		(1.07	)		(0.93	)		(0.85	)		(1.76	)
Net Asset Value, End of Period	$	18.13		$	17.23		$	19.51		$	14.61		$	13.51		$	11.85		$	37.35		$	38.39		$	48.90		$	34.21		$	41.90		$	34.14
Total Return		8.07	%(B)		(8.55	%)		35.42	%		9.90	%		15.88	%		9.88	%		2.97	%(B)		(19.38	%)		47.01	%		(16.27	%)		25.64	%		2.63	%
Net Assets, End of Period (thousands)	$	4,645,744		$	4,662,298		$	5,835,637		$	3,629,125		$	1,703,302		$	722,728		$	7,635,411		$	8,068,926		$	11,215,098		$	8,137,555		$	10,671,437		$	8,577,658
Ratio of Expenses to Average Net Assets		0.22	%(C)		0.23	%		0.24	%		0.25	%		0.25	%		0.25	%		0.18	%(C)		0.18	%		0.18	%		0.18	%		0.18	%		0.18	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor)		0.22	%(C)		0.23	%		0.24	%		0.25	%		0.25	%		0.27	%		0.20	%(C)		0.20	%		0.20	%		0.20	%		0.20	%		0.19	%
Ratio of Net Investment Income to Average Net Assets		1.79	%(C)		1.61	%		1.46	%		1.76	%		1.73	%		1.58	%		3.31	%(C)		1.96	%		2.12	%		2.73	%		1.38	%**		4.66	%
Portfolio Turnover Rate		3	%(B)		20	%		12	%		0	%		4	%		7	%		2	%(B)		3	%		5	%		5	%		3	%		3	%

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

See accompanying Notes to Financial Statements.

68

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 (the “1940 Act”), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios, of which twelve (the “Portfolios”) are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

Of the Portfolios, one (the “Feeder Fund”) invests all of its assets in a corresponding series (the “Master Fund” which is treated as a partnership for federal income tax purposes) of The DFA Investment Trust Company (“DFAITC”). As of April 30, 2023, the Feeder Fund was the owner of record of the approximate percentage of the total outstanding shares of the Master Fund as detailed below:

Feeder Fund	Master Fund	Percentage Ownership at 04/30/23
U.S. Large Cap Value Portfolio	The U.S. Large Cap Value Series		86	%

To achieve its investment objective, the Feeder Fund invests substantially all of its assets in the Master Fund as indicated above. The Feeder Fund also invests in short-term temporary cash investments and futures.

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

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

Securities held by Enhanced U.S. Large Company Portfolio, U.S. Large Cap Equity 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, DFA Real Estate Securities Portfolio and U.S. High Relative Profitability Portfolio (collectively, the “Domestic 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 that

69

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 value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management 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). These securities are generally categorized as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated 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 that 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. These valuations are generally categorized as Level 2 or Level 3 in the hierarchy.

Listed derivatives, such as futures, that are actively traded are valued based on quoted prices from the exchange and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

Shares held by the Portfolios in other investment companies (such as the Master Fund) are valued at their respective daily net asset values as reported by their administrator. The Feeder Fund’s investment in the Master Fund reflects its proportionate interest in the net assets of the Master Fund. These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings/Schedule of Investments (except for the Feeder Fund). The methodology or inputs 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 Enhanced U.S. Large Company Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolio enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. 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 Portfolio also enters into forward 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 Enhanced U.S. Large Company Portfolio isolates the effect of foreign currency rate fluctuations 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 income tax reporting purposes.

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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 of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the 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 to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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.

The Directors may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The 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 Directors 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 (unless the Director files an amended Notice selecting a different distribution date).

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 and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and from the investment in affiliated investment companies 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 Portfolios estimate the character of received distributions 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, using the effective interest method. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

Organizational costs are expensed during the fiscal year of inception of the Portfolios. Offering costs are amortized over a twelve-month period from the inception of the Portfolios.

Class R1 Shares, Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of a Portfolio. Income, gains and losses, and common expenses of a 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.

The Feeder Fund recognizes its pro-rata shares of net investment income and realized and unrealized gains/losses on a daily basis from its Master Fund within DFAITC, which is treated as a partnership for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental

71

approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, 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:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolios. For the six months ended April 30, 2023, the Portfolios’ investment management 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	0.12	%
U.S. Large Cap Equity Portfolio	0.10	%
U.S. Large Cap Value Portfolio	0.19	%
U.S. Targeted Value Portfolio	0.27	%
U.S. Small Cap Value Portfolio	0.28	%
U.S. Core Equity 1 Portfolio	0.12	%
U.S. Core Equity 2 Portfolio	0.16	%
U.S. Vector Equity Portfolio	0.25	%
U.S. Small Cap Portfolio	0.25	%
U.S. Micro Cap Portfolio	0.38	%
U.S. High Relative Profitability Portfolio	0.19	%
DFA Real Estate Securities Portfolio	0.17	%

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-feeder Portfolios will remain in effect through February 28, 2024, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Fund, as described in the notes below, will remain in effect permanently, unless terminated by the Fund. During the six months ended April 30, 2023, the non-feeder 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 assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the six months ended April 30, 2023, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 2023, are also reflected below (amounts in thousands). At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount in place for the Portfolio. The Advisor, however, will not be reimbursed by the Feeder Fund in connection with its Permanent Fee Waiver (defined below). The Fund, on behalf of a Portfolio, is also 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 Limitation Amount			Total Management Fee Limit		Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
Enhanced U.S. Large Company Portfolio (1)		0.15	%		—	$	1	$	34	$	294

72

Institutional Class Shares	Expense Limitation Amount			Total Management Fee Limit			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Large Cap Equity Portfolio (1)		0.19	%		—			—		—		—
U.S. Large Cap Value Portfolio (2)		—			0.19	%		—	$	11,531		—
U.S. Targeted Value Portfolio (3)		0.50	%		—			—		—		—
U.S. Core Equity 1 Portfolio (1)		0.23	%		—			—		—		—
U.S. Core Equity 2 Portfolio (1)		0.26	%		—			—		—		—
U.S. Vector Equity Portfolio (1)		0.36	%		—			—		—		—
U.S. High Relative Profitability Portfolio (4)		0.25	%		—			—		—		—
DFA Real Estate Securities Portfolio (1)		0.18	%		—			—		732	$	4,917
Class R1 Shares
U.S. Targeted Value Portfolio (5)		0.62	%		—			—		—		—
Class R2 Shares
U.S. Targeted Value Portfolio (5)		0.77	%		—			—		—		—

(1) The Advisor has contractually agreed to waive all or a portion of its management fee and assume the Portfolio’s ordinary operating expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”).

(2) Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund (the “Money Market Series”), to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.23%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.25%.

(3) The Advisor has contractually agreed to waive its management fee and to assume the Portfolio’s Institutional Class Shares’ 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 Institutional Class Shares of the Portfolio to the rate listed above for such class of shares as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”).

(4) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the ordinary operating expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor, excluding money market funds, 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 a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(5) The Advisor has contractually agreed to reduce all or a portion of its management fee and to assume the direct and indirect expenses of the Class R1 shares and Class R2 shares of the Portfolio (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 and Class R2 shares of the Portfolio to the rate listed above for such class of shares as a percentage of average net assets (the “Expense Limitation Amount”).

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Earned Income Credit:

Additionally, the following Portfolio has entered into an arrangement with its custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolio’s custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of the Portfolio’s net assets. During the six months ended April 30, 2023, expenses reduced were as follows (amount in thousands):

	Fees Paid Indirectly
Enhanced U.S. Large Company Portfolio	$	3

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2023, the total related amount paid by the Fund to the CCO was $73 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

Enhanced U.S. Large Company Portfolio	$	4
U.S. Large Cap Equity Portfolio		2
U.S. Large Cap Value Portfolio		148
U.S. Targeted Value Portfolio		37
U.S. Small Cap Value Portfolio		152
U.S. Core Equity 1 Portfolio		33
U.S. Core Equity 2 Portfolio		47
U.S. Vector Equity Portfolio		32
U.S. Small Cap Portfolio		93
U.S. Micro Cap Portfolio		68
U.S. High Relative Profitability Portfolio		6
DFA Real Estate Securities Portfolio		40

E. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Portfolios’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (with respect to the Domestic Equity Portfolios) (amounts in thousands), were as follows:

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
Enhanced U.S. Large Company Portfolio	$	14,433	$	31,264	$	11,646	$	45,515
U.S. Large Cap Equity Portfolio		—		—		56,753		168,541
U.S. Targeted Value Portfolio		—		—		1,097,410		967,684
U.S. Small Cap Value Portfolio		—		—		1,662,892		2,042,354
U.S. Core Equity 1 Portfolio		—		—		583,095		1,170,960
U.S. Core Equity 2 Portfolio		—		—		491,697		1,516,210
U.S. Vector Equity Portfolio		—		—		160,921		344,978

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	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
U.S. Small Cap Portfolio		—		—	$	1,124,413	$	1,338,154
U.S. Micro Cap Portfolio		—		—		800,493		736,799
U.S. High Relative Profitability Portfolio		—		—		147,331		479,123
DFA Real Estate Securities Portfolio		—		—		147,007		581,398

There were no purchases or sales of long-term U.S. government securities by the Domestic Equity Portfolios.

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments/Summary Schedule of Portfolio Holdings, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
Enhanced U.S. Large Company Portfolio
The DFA Short Term Investment Fund	$	6,490	$	21,670	$	26,186	$	(1	)	$	4	$	1,977		171	$	56		—
Total	$	6,490	$	21,670	$	26,186	$	(1	)	$	4	$	1,977		171	$	56		—
U.S. Large Cap Equity Portfolio
The DFA Short Term Investment Fund	$	7,333	$	48,524	$	51,888	$	(1	)	$	3	$	3,971		343	$	129		—
Total	$	7,333	$	48,524	$	51,888	$	(1	)	$	3	$	3,971		343	$	129		—
U.S. Targeted Value Portfolio
The DFA Short Term Investment Fund	$	856,197	$	3,720,005	$	3,878,343	$	(82	)	$	432	$	698,209		60,362	$	19,664		—
Total	$	856,197	$	3,720,005	$	3,878,343	$	(82	)	$	432	$	698,209		60,362	$	19,664		—
U.S. Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	939,014	$	4,119,153	$	3,893,874	$	77		$	430	$	1,164,800		100,700	$	21,276		—
Total	$	939,014	$	4,119,153	$	3,893,874	$	77		$	430	$	1,164,800		100,700	$	21,276		—
U.S. Core Equity 1 Portfolio
The DFA Short Term Investment Fund	$	1,197,211	$	3,396,797	$	3,729,560	$	101		$	443	$	864,992		74,781	$	20,138		—
Total	$	1,197,211	$	3,396,797	$	3,729,560	$	101		$	443	$	864,992		74,781	$	20,138		—
U.S. Core Equity 2 Portfolio
The DFA Short Term Investment Fund	$	1,076,958	$	3,506,166	$	3,633,125	$	(98	)	$	470	$	950,371		82,162	$	21,499		—
Total	$	1,076,958	$	3,506,166	$	3,633,125	$	(98	)	$	470	$	950,371		82,162	$	21,499		—

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		Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
U.S. Vector Equity Portfolio
The DFA Short Term Investment Fund		$	227,604	$	1,248,727	$	1,198,006	$	(13	)	$	142	$	278,454		24,073	$	6,326		—
Total		$	227,604	$	1,248,727	$	1,198,006	$	(13	)	$	142	$	278,454		24,073	$	6,326		—
U.S. Small Cap Portfolio
The DFA Short Term Investment Fund	��	$	1,540,634	$	4,130,655	$	4,597,361	$	(74	)	$	651	$	1,074,505		92,894	$	28,007		—
Total		$	1,540,634	$	4,130,655	$	4,597,361	$	(74	)	$	651	$	1,074,505		92,894	$	28,007		—
U.S. Micro Cap Portfolio
The DFA Short Term Investment Fund		$	544,018	$	2,231,095	$	1,979,191	$	(34	)	$	264	$	796,152		68,830	$	14,313		—
Total		$	544,018	$	2,231,095	$	1,979,191	$	(34	)	$	264	$	796,152		68,830	$	14,313		—
U.S. High Relative Profitability Portfolio
The DFA Short Term Investment Fund		$	2,788	$	167,627	$	166,842	$	7		$	1	$	3,581		310		—		—
Total		$	2,788	$	167,627	$	166,842	$	7		$	1	$	3,581		310		—		—
DFA Real Estate Securities Portfolio
The DFA Short Term Investment Fund		$	365,690	$	549,904	$	747,151	$	(82	)	$	173	$	168,534		14,570	$	3,838		—
Total		$	365,690	$	549,904	$	747,151	$	(82	)	$	173	$	168,534		14,570	$	3,838		—

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 GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of realized gains on securities considered to be “passive foreign investment companies,” non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

76

The tax character of dividends and distributions declared and paid during the years ended October 31, 2021, and October 31, 2022, were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
Enhanced U.S. Large Company Portfolio
2021	$	13,853	$	16,475		—	$	30,328
2022		56,965		76,606		—		133,571
U.S. Large Cap Equity Portfolio
2021		27,774		—		—		27,774
2022		25,100		65,512		—		90,612
U.S. Large Cap Value Portfolio
2021		401,298		—		—		401,298
2022		452,232		665,497		—		1,117,729
U.S. Targeted Value Portfolio
2021		188,761		—		—		188,761
2022		248,278		726,722		—		975,000
U.S. Small Cap Value Portfolio
2021		282,350		—		—		282,350
2022		322,497		1,148,147		—		1,470,644
U.S. Core Equity 1 Portfolio
2021		396,375		—		—		396,375
2022		411,055		858,230		—		1,269,285
U.S. Core Equity 2 Portfolio
2021		403,126		—		—		403,126
2022		433,070		1,243,325		—		1,676,395
U.S. Vector Equity Portfolio
2021		59,880		—		—		59,880
2022		77,716		309,307		—		387,023
U.S. Small Cap Portfolio
2021		191,244		—		—		191,244
2022		153,059		848,752		—		1,001,811
U.S. Micro Cap Portfolio
2021		65,320		—		—		65,320
2022		67,157		674,741		—		741,898
U.S. High Relative Profitability Portfolio
2021		70,633		—		—		70,633
2022		83,850		110,031		—		193,881
DFA Real Estate Securities Portfolio
2021		222,133		28,472		—		250,605
2022		195,676		96,127		—		291,803

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As of October 31, 2022, 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 use 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
Enhanced U.S. Large Company Portfolio	$	(391	)		—		$	(391	)
U.S. Large Cap Equity Portfolio		(2,217	)	$	(4,989	)		(7,206	)
U.S. Large Cap Value Portfolio		(48,533	)		(19,035	)		(67,568	)
U.S. Targeted Value Portfolio		(6,887	)		(53,342	)		(60,229	)
U.S. Small Cap Value Portfolio		(19,932	)		(57,085	)		(77,017	)
U.S. Core Equity 1 Portfolio		(36,753	)		(30,868	)		(67,621	)
U.S. Core Equity 2 Portfolio		(29,015	)		(49,664	)		(78,679	)
U.S. Vector Equity Portfolio		(3,237	)		(11,705	)		(14,942	)
U.S. Small Cap Portfolio		(9,371	)		(51,542	)		(60,913	)
U.S. Micro Cap Portfolio		(4,621	)		(18,795	)		(23,416	)
U.S. High Relative Profitability Portfolio		(7,544	)		(12,049	)		(19,593	)
DFA Real Estate Securities Portfolio		(21,969	)		(21,454	)		(43,423	)

As of October 31, 2022, 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 Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
Enhanced U.S. Large Company Portfolio	$	3,104		—	$	(66,260	)	$	(10,917	)	$	(74,073	)
U.S. Large Cap Equity Portfolio		—	$	50,244		—			748,666			798,910
U.S. Large Cap Value Portfolio		—		566,416		—			8,753,023			9,319,439
U.S. Targeted Value Portfolio		—		428,661		—			3,758,950			4,187,611
U.S. Small Cap Value Portfolio		—		712,309		—			4,895,057			5,607,366
U.S. Core Equity 1 Portfolio		—		673,222		—			14,660,884			15,334,106
U.S. Core Equity 2 Portfolio		—		817,058		—			15,286,267			16,103,325
U.S. Vector Equity Portfolio		—		143,187		—			2,146,182			2,289,369
U.S. Small Cap Portfolio		—		525,081		—			5,998,924			6,524,005
U.S. Micro Cap Portfolio		—		245,316		—			2,662,679			2,907,995
U.S. High Relative Profitability Portfolio		—		91,499		—			922,203			1,013,702
DFA Real Estate Securities Portfolio		86,131		275,577		—			2,639,674			3,001,382

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, 2022, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

	Unlimited		Total
Enhanced U.S. Large Company Portfolio	$	66,260	$	66,260

78

During the year ended October 31, 2022, the Portfolios did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Enhanced U.S. Large Company Portfolio	$	217,511	$	537	$	(6,890	)	$	(6,353	)
U.S. Large Cap Equity Portfolio		804,630		820,425		(20,122	)		800,303
U.S. Large Cap Value Portfolio		14,292,189		8,461,803		—			8,461,803
U.S. Targeted Value Portfolio		9,184,116		3,621,723		(603,970	)		3,017,753
U.S. Small Cap Value Portfolio		10,748,567		4,143,601		(453,613	)		3,689,988
U.S. Core Equity 1 Portfolio		13,900,534		16,380,847		(679,120	)		15,701,727
U.S. Core Equity 2 Portfolio		14,444,601		16,735,025		(670,412	)		16,064,613
U.S. Vector Equity Portfolio		2,480,852		2,129,119		(107,504	)		2,021,615
U.S. Small Cap Portfolio		9,322,630		5,572,498		(428,187	)		5,144,311
U.S. Micro Cap Portfolio		4,842,466		2,411,536		(223,788	)		2,187,748
U.S. High Relative Profitability Portfolio		3,434,392		1,358,120		(149,501	)		1,208,619
DFA Real Estate Securities Portfolio		5,209,277		3,076,653		(429,030	)		2,647,623

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 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 Portfolios’ tax positions and has concluded that no additional provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax positions for which it is more likely than not 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.

G. Capital Share Transactions:

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

	Six Months Ended April 30, 2023						Year Ended October 31, 2022
	(Unaudited)
	Amount			Shares			Amount			Shares
U.S. Targeted Value Portfolio
Class R1 Shares
Shares Issued	$	5,922			209		$	15,262			517
Shares Issued in Lieu of Cash Distributions		1,404			50			5,129			176
Shares Redeemed		(4,210	)		(151	)		(54,316	)		(1,784	)
Net Increase (Decrease) — Class R1 Shares	$	3,116			108		$	(33,925	)		(1,091	)

79

	Six Months Ended April 30, 2023						Year Ended October 31, 2022
	(Unaudited)
	Amount			Shares			Amount			Shares
Class R2 Shares
Shares Issued	$	10,995			394		$	27,453			959
Shares Issued in Lieu of Cash Distributions		3,170			115			5,446			189
Shares Redeemed		(10,383	)		(371	)		(25,828	)		(885	)
Net Increase (Decrease) — Class R2 Shares	$	3,782			138		$	7,071			263
Institutional Class Shares
Shares Issued	$	1,283,550			44,796		$	2,649,180			91,779
Shares Issued in Lieu of Cash Distributions		479,865			17,249			924,844			31,929
Shares Redeemed		(1,334,795	)		(47,244	)		(3,288,905	)		(113,379	)
Net Increase (Decrease) — Institutional Class Shares	$	428,620			14,801		$	285,119			10,329

H. Financial Instruments:

In accordance with the Portfolios’ investment objectives and policies, the Portfolios may invest either directly or indirectly (through their investments 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:

Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Portfolios.

1. Forward Currency Contracts: The Enhanced U.S. Large Company Portfolio may acquire and sell forward currency contracts to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk) or to transfer balances from one currency to another currency. The Enhanced U.S. Large Company Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Enhanced U.S. Large Company 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. The Enhanced U.S. Large Company Portfolio typically hedges its foreign currency exposure. 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 forward currency contracts. 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 forward currency contracts. 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.

2. Futures Contracts: Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Enhanced U.S. Large Company Portfolio may also use futures contracts and options thereon to hedge against securities prices or as part of its overall investment strategy. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount 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 Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios 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.

80

Risks may arise upon entrance 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. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amounts in thousands):

	Forward Currency Contracts*		Futures**
Enhanced U.S. Large Company Portfolio	$	37,930	$	240,332
U.S. Targeted Value Portfolio		—		111,613
U.S. Small Cap Value Portfolio		—		162,661
U.S. Core Equity 1 Portfolio		—		248,886
U.S. Core Equity 2 Portfolio		—		246,266
U.S. Vector Equity Portfolio		—		35,883
U.S. Small Cap Portfolio		—		129,557
U.S. Micro Cap Portfolio		—		66,421
U.S. High Relative Profitability Portfolio		—		33,351
DFA Real Estate Securities Portfolio		—		73,624

* Average amount of Currency Purchased/Sold in USD.

** Average Notional Value of futures contracts.

The following is a summary of the Portfolios’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value at April 30, 2023		Forward Currency Contracts (1)		Equity Contracts *,(2)
Enhanced U.S. Large Company Portfolio	$	4,307	$	232	$	4,075
U.S. Targeted Value Portfolio		4,408		—		4,408
U.S. Small Cap Value Portfolio		6,682		—		6,682
U.S. Core Equity 1 Portfolio		11,637		—		11,637
U.S. Core Equity 2 Portfolio		11,850		—		11,850
U.S. Vector Equity Portfolio		1,754		—		1,754
U.S. Small Cap Portfolio		7,549		—		7,549
U.S. Micro Cap Portfolio		3,652		—		3,652
U.S. High Relative Profitability Portfolio		1,564		—		1,564
DFA Real Estate Securities Portfolio		3,486		—		3,486

	Liability Derivatives Value
	Total Value at April 30, 2023			Forward Currency Contracts (3)
Enhanced U.S. Large Company Portfolio	$	(58	)	$	(58	)

81

(1) Presented on Statements of Assets and Liabilities as Unrealized Gain on Forward Currency Contracts.

(2) Presented on Statements of Assets and Liabilities as Receivables: Futures Margin Variation.

(3) Presented on Statements of Assets and Liabilities as Unrealized Loss on Forward Currency Contracts.

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

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 for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)			Equity Contracts (2)
Enhanced U.S. Large Company Portfolio	$	(8,744	)	$	(539	)	$	(8,205	)
U.S. Large Cap Equity Portfolio		19			—			19
U.S. Targeted Value Portfolio		2,549			—			2,549
U.S. Small Cap Value Portfolio		13,743			—			13,743
U.S. Core Equity 1 Portfolio		(5,052	)		—			(5,052	)
U.S. Core Equity 2 Portfolio		(1,231	)		—			(1,231	)
U.S. Vector Equity Portfolio		(1,242	)		—			(1,242	)
U.S. Small Cap Portfolio		4,578			—			4,578
U.S. Micro Cap Portfolio		(15	)		—			(15	)
U.S. High Relative Profitability Portfolio		(1,483	)		—			(1,483	)
DFA Real Estate Securities Portfolio		5,114			—			5,114

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Forward Currency Contracts (3)			Equity Contracts (4)
Enhanced U.S. Large Company Portfolio	$	21,256		$	(348	)	$	21,604
U.S. Targeted Value Portfolio		1,248			—			1,248
U.S. Small Cap Value Portfolio		(1,091	)		—			(1,091	)
U.S. Core Equity 1 Portfolio		20,253			—			20,253
U.S. Core Equity 2 Portfolio		16,313			—			16,313
U.S. Vector Equity Portfolio		2,864			—			2,864
U.S. Small Cap Portfolio		3,633			—			3,633
U.S. Micro Cap Portfolio		1,673			—			1,673
U.S. High Relative Profitability Portfolio		3,000			—			3,000
DFA Real Estate Securities Portfolio		766			—			766

(1) Presented on Statements of Operations as Net Realized Gain (Loss) on: Forward Currency Contracts.

(2) Presented on Statements of Operations as Net Realized Gain (Loss) on: Futures.

(3) Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

(4) Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

82

Offsetting of Derivative Assets and Derivative Liabilities:

In order to better define its contractual rights and to secure rights that will help the Fund mitigate its counterparty risk, the Fund entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs over-the-counter (OTC) derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities.

The following table presents the Portfolios’ gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolios as of April 30, 2023 (amounts in thousands):

			Net Amounts of Assets Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities											Net Amounts of Liabilities Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities
Description	Gross Amounts of Recognized Assets (a)				Financial Instruments (b)			Non-Cash Collateral Received		Cash Collateral Received		Net Amount (c)		Gross Amounts of Recognized Liabilities (a)				Financial Instruments (d)			Non-Cash Collateral Pledged		Cash Collateral Pledged		Net Amount (e)
	Assets													Liabilities
Enhanced U.S. Large Company Portfolio
Citibank, N.A.	$	222	$	222	$	(24	)		—		—	$	198	$	24	$	24	$	(24	)		—		—		—
Morgan Stanley and Co. International		10		10		(10	)		—		—		—		34		34		(10	)		—		—	$	24
Total	$	232	$	232	$	(34	)		—		—	$	198	$	58	$	58	$	(34	)		—		—	$	24

(a) No amounts have been netted against the gross amounts recognized in the Statements of Assets and Liabilities.

(b) Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar agreements that management elects not to offset on the Statements of Assets and Liabilities.

(c) Represents the net amount due from counterparties in the event of default.

(d) Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar agreements that management elects not to offset on the Statements of Assets and Liabilities.

(e) Represents the net amount due to counterparties in the event of default.

I. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. 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 $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the

83

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 agreement for the line of credit expires on April 3, 2024.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

For the six months ended April 30, 2023, borrowings by the following Portfolios under the lines 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		Outstanding Borrowings as of 04/30/2023
U.S. Large Cap Equity Portfolio		4.81	%	$	3,285		18	$	8	$	9,186		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023, that each Portfolio’s available line of credit was used.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

For the six months ended April 30, 2023, activity by the Portfolios under the interfund lending program was as follows (amounts in thousands, except percentages and days):

	Borrower or Lender		Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding*		Interest Expense/ Income		Maximum Amount Borrowed/Loaned During the Period		Outstanding Borrowings as of 04/30/2023
U.S. Large Cap Equity Portfolio		Borrower		4.94	%	$	30,782		1	$	4	$	30,782		—
U.S. High Relative Profitability Portfolio		Borrower		4.94	%		31,711		3		13		31,711		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023 that the Portfolio utilized the interfund lending program.

84

J. Affiliated Trades:

Cross trades for the six months ended April 30, 2023, if any, were executed by the Portfolios pursuant to procedures adopted by the Board of Directors of the Fund to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board of Directors of the Fund.

For the six months ended April 30, 2023, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):

Portfolio	Purchases		Sales		Realized Gain (Loss)
U.S. Large Cap Equity Portfolio	$	14,095	$	16,233	$	5,413
U.S. Targeted Value Portfolio		171,781		45,394		6,522
U.S. Small Cap Value Portfolio		86,526		226,302		(1,368	)
U.S. Core Equity 1 Portfolio		82,974		52,868		(6,657	)
U.S. Core Equity 2 Portfolio		98,561		85,535		14,986
U.S. Vector Equity Portfolio		33,217		53,099		17,782
U.S. Small Cap Portfolio		52,751		154,338		33,001
U.S. Micro Cap Portfolio		39,576		98,518		(13,700	)
U.S. High Relative Profitability Portfolio		71,040		39,539		(81	)
DFA Real Estate Securities Portfolio		1,004		24,735		415

K. Securities Lending:

As of April 30, 2023, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. In addition, the Portfolios received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousand):

	Non-Cash Collateral Market Value
U.S. Large Cap Equity Portfolio	$	16,845
U.S. Targeted Value Portfolio		176,464
U.S. Small Cap Value Portfolio		246,796
U.S. Core Equity 1 Portfolio		188,614
U.S. Core Equity 2 Portfolio		319,690
U.S. Vector Equity Portfolio		49,674
U.S. Small Cap Portfolio		291,350
U.S. Micro Cap Portfolio		158,280
DFA Real Estate Securities Portfolio		18,184

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 in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio’s

85

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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and 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. In the event of the bankruptcy of the borrower, a Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Portfolio with securities on loan 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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, 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 for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of April 30, 2023
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Enhanced U.S. Large Company Portfolio Bonds	$	1,976		—		—		—	$	1,976
U.S. Large Cap Equity Portfolio Common Stocks		3,986		—		—		—		3,986
U.S. Targeted Value Portfolio Common Stocks, Preferred Stocks		698,600		—		—		—		698,600
U.S. Small Cap Value Portfolio Common Stocks, Preferred Stocks		1,164,846		—		—		—		1,164,846
U.S. Core Equity 1 Portfolio Common Stocks, Preferred Stocks		865,393		—		—		—		865,393
U.S. Core Equity 2 Portfolio Common Stocks, Preferred Stocks		950,878		—		—		—		950,878
U.S. Vector Equity Portfolio Common Stocks, Preferred Stocks		278,539		—		—		—		278,539
U.S. Small Cap Portfolio Common Stocks, Preferred Stocks,Rights/Warrants		1,075,144		—		—		—		1,075,144
U.S. Micro Cap Portfolio Common Stocks, Preferred Stocks,Rights/Warrants		796,328		—		—		—		796,328

86

	Remaining Contractual Maturity of the Agreements As of April 30, 2023
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
U.S. High Relative Profitability Portfolio Common Stocks	$	3,578		—		—		—	$	3,578
DFA Real Estate Securities Portfolio Common Stocks		168,848		—		—		—		168,848

L. Shareholder Servicing Fees:

The Class R1 Shares pay a shareholder servicing fee in an amount up to 0.10% and Class R2 Shares pay a shareholder servicing fee in an amount up to 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.

M. 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 that 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.

N. In-Kind Redemptions:

During the six months ended April 30, 2023, the Portfolios listed below realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):

U.S. Small Cap Value Portfolio	$	73,233
U.S. Small Cap Portfolio	$	750
U.S. Micro Cap Portfolio	$	30,284

O. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Portfolios’ financial statements.

P. Other:

As of April 30, 2023, the following number of shareholders held the following approximate percentages of the Portfolios’ outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

87

	Number of Shareholders	Approximate Percentage of Outstanding Shares
Enhanced U.S. Large Company Portfolio-Institutional Class	4		68	%
U.S. Large Cap Equity Portfolio-Institutional Class	4		81	%
U.S. Large Cap Value Portfolio-Institutional Class	3		66	%
U.S. Targeted Value Portfolio-Class R1	6		87	%
U.S. Targeted Value Portfolio-Class R2	5		87	%
U.S. Targeted Value Portfolio-Institutional Class	3		53	%
U.S. Small Cap Value Portfolio-Institutional Class	4		75	%
U.S. Core Equity 1 Portfolio-Institutional Class	4		73	%
U.S. Core Equity 2 Portfolio-Institutional Class	5		82	%
U.S. Vector Equity Portfolio-Institutional Class	5		85	%
U.S. Small Cap Portfolio-Institutional Class	3		56	%
U.S. Micro Cap Portfolio-Institutional Class	4		78	%
U.S. High Relative Profitability Portfolio-Institutional Class	3		84	%
DFA Real Estate Securities Portfolio-Institutional Class	3		64	%

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios’ financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

Q. Subsequent Event Evaluations:

The Board of Directors of the Fund approved a Plan of Recapitalization pursuant to which the Class R1 shares and Class R2 shares collectively, (“Class R shares”) of the U.S. Targeted Value Portfolio converted into Institutional Class shares of the Portfolio (the “Recapitalization”) on June 9, 2023. The Portfolio did not accept any additional purchases of Class R shares after the close of market on June 7, 2023. As a result of the Recapitalization, shareholders holding Class R shares of the Portfolio received Institutional Class shares of the Portfolio in exchange for their Class R shares with an aggregate net asset value equal to the aggregate net asset value of the Class R shares so exchanged. The value of a shareholder’s investment in the Portfolio was not impacted by the conversion, however, a shareholder received fewer Institutional Class shares than the number of Class R shares held at the time of the conversion because the Class R shares had a higher net asset value per share. Following the Recapitalization, the Class R shares of the Portfolio have ceased operations.

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

88

DFA INVESTMENT DIMENSIONS GROUP INC.

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED 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 and 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” reflects 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 is 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, 2023

EXPENSE TABLE

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA Commodity Strategy Portfolio
Actual Fund Return	$	1,000.00	$	940.90		0.31	%	$	1.49

89

CONSOLIDATED DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.26		0.31	%	$	1.56

(1) DFA Commodity Strategy Portfolio wholly owns Dimensional Cayman Commodity Fund I, LTD. The expenses shown reflect the consolidated expenses of Dimensional Cayman Commodity Fund I, LTD. and DFA Commodity Strategy Portfolio. 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.

90

DFA INVESTMENT DIMENSIONS GROUP INC.

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED 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 as an exhibit to their reports on Form N-PORT. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DFA Commodity Strategy Portfolio
Basic Materials	0.8	%
Communications	1.7	%
Consumer, Cyclical	4.0	%
Consumer, Non-cyclical	7.0	%
Energy	4.6	%
Financials	30.0	%
Foreign Government	2.9	%
Industrials	4.3	%
Supranational	2.1	%
Technology	3.6	%
U.S. Government	35.8	%
Utilities	3.2	%
	100.0	%

91

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Face Amount^			Value†
		(000)
BONDS — (59.6%)
AUSTRALIA — (2.6%)
APA Infrastructure Ltd.
W	4.200%, 03/23/25			4,000	$	3,926,280
Bank of New Zealand
#W	3.500%, 02/20/24			5,250		5,176,784
Glencore Funding LLC
W	4.125%, 03/12/24			2,225		2,189,406
W	4.625%,04/29/24			7,350		7,277,779
Macquarie Bank Ltd.
#W	2.300%, 01/22/25			2,390		2,287,388
W	3.231%, 03/21/25			12,425		12,113,976
Westpac Banking Corp.
	3.250%,11/16/23		AUD	10,000		6,585,118
TOTAL AUSTRALIA						39,556,731
CANADA — (6.9%)
Bank of Montreal
	2.500%, 06/28/24			3,000		2,905,162
	0.625%, 07/09/24			1,350		1,279,653
Bank of Montreal, Floating Rate Note, SOFR + 0.320%, FRN
(r)	5.157%, 07/09/24			2,000		1,987,954
Bank of Nova Scotia
	0.700%, 04/15/24			11,620		11,087,840
	0.650%, 07/31/24			600		566,745
Bank of Nova Scotia, Floating Rate Note, SOFR + 0.380%, FRN
(r)	5.219%, 07/31/24			1,000		994,249
Brookfield Corp.
	4.000%, 01/15/25			6,200		6,062,694
Brookfield Finance, Inc.
	4.000%, 04/01/24			2,000		1,961,586
Canadian Imperial Bank of Commerce
	3.100%, 04/02/24			4,500		4,403,033
	1.000%, 10/18/24			5,000		4,717,315
	2.250%, 01/28/25			5,000		4,770,195
Canadian Natural Resources Ltd.
	3.900%, 02/01/25			8,300		8,125,670
Enbridge, Inc.
	4.000%, 10/01/23			7,000		6,957,606
	2.500%, 01/15/25			2,000		1,921,828
ITC Holdings Corp.
	3.650%, 06/15/24			9,000		8,847,089

		Face Amount^			Value†
		(000)
CANADA — (Continued)
National Bank of Canada
	0.750%, 08/06/24			9,350	$	8,822,557
Quebec, Province of Canada
	4.200%, 03/10/25		AUD	2,000		1,330,410
Royal Bank of Canada
	2.333%, 12/05/23		CAD	5,000		3,635,790
	0.650%, 07/29/24			1,750		1,657,516
Royal Bank of Canada, Floating Rate Note, SOFR + 0.360%, FRN
#(r)	5.199%, 07/29/24			7,750		7,694,751
Thomson Reuters Corp.
	3.850%, 09/29/24			5,000		4,891,207
Toronto-Dominion Bank
	2.850%, 03/08/24		CAD	10,000		7,243,532
	0.700%, 09/10/24			3,000		2,823,301
TOTAL CANADA						104,687,683
DENMARK — (0.5%)
Danske Bank AS
W	5.375%, 01/12/24			6,132		6,074,158
	5.375%, 01/12/24			1,000		990,567
TOTAL DENMARK						7,064,725
FRANCE — (3.8%)
Banque Federative du Credit Mutuel SA
W	2.375%, 11/21/24			5,000		4,773,552
BNP Paribas SA
W	3.375%, 01/09/25			7,000		6,762,709
BPCE SA
	4.000%, 04/15/24			500		492,142
W	2.375%, 01/14/25			7,985		7,547,175
#	2.375%, 01/14/25			6,500		6,143,599
Credit Agricole SA
#W	3.875%, 04/15/24			3,550		3,491,241
	3.250%, 10/04/24			5,000		4,847,587
Societe Generale SA
W	3.875%, 03/28/24			9,500		9,293,780
W	2.625%, 01/22/25			1,840		1,731,766
TotalEnergies Capital International SA
	3.750%, 04/10/24			13,004		12,854,476
TOTAL FRANCE						57,938,027

92

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

		Face Amount^			Value†
		(000)
GERMANY — (3.5%)
Bayer U.S. Finance II LLC
W	3.875%, 12/15/23			3,500	$	3,463,923
Bayer U.S. Finance LLC
W	3.375%, 10/08/24			6,000		5,855,412
BMW U.S. Capital LLC
W	0.800%, 04/01/24			2,000		1,925,609
BMW U.S. Capital LLC, Floating Rate Note, SOFR + 0.530%, FRN
(r)W	5.370%, 04/01/24			8,000		7,977,872
EMD Finance LLC
	3.250%, 03/19/25			5,697		5,524,213
Kreditanstalt fuer Wiederaufbau
	5.000%, 03/19/24		AUD	2,000		1,337,430
	1.500%, 07/24/24		AUD	8,800		5,668,190
Landwirtschaftliche Rentenbank
	4.750%, 04/08/24		AUD	15,000		10,014,803
Mercedes-Benz Finance North America LLC
W	2.125%, 03/10/25			9,560		9,096,199
NRW Bank
	1.600%, 07/31/24		AUD	4,000		2,566,735
TOTAL GERMANY						53,430,386
IRELAND — (0.8%)
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
	4.875%, 01/16/24			7,150		7,091,425
#	2.875%, 08/14/24			2,450		2,352,919
	3.500%, 01/15/25			3,000		2,874,116
TOTAL IRELAND						12,318,460
ITALY — (0.6%)
Republic of Italy Government International Bond
	0.875%, 05/06/24			8,000		7,621,920
	2.375%, 10/17/24			2,000		1,914,852
TOTAL ITALY						9,536,772
JAPAN — (4.9%)
American Honda Finance Corp.
#	3.550%, 01/12/24			3,000		2,971,180
	0.550%, 07/12/24			8,000		7,604,647
Mitsubishi UFJ Financial Group, Inc.
	2.193%, 02/25/25			10,600		10,026,390
MUFG Bank Ltd.
#W	3.250%, 09/08/24			2,000		1,952,432

		Face Amount^			Value†
		(000)
JAPAN — (Continued)
Nomura Holdings, Inc.
	2.648%, 01/16/25			8,390	$	7,958,916
	5.099%, 07/03/25			3,000		2,961,182
ORIX Corp.
	3.250%, 12/04/24			5,000		4,844,162
Sumitomo Mitsui Financial Group, Inc.
	2.696%, 07/16/24			9,500		9,204,820
	2.348%, 01/15/25			5,500		5,228,690
Sumitomo Mitsui Trust Bank Ltd.
#W	0.800%, 09/12/23			9,500		9,343,478
#W	0.850%, 03/25/24			750		720,139
W	0.800%, 09/16/24			643		606,131
Toyota Motor Credit Corp.
	2.500%, 03/22/24			10,000		9,779,472
	0.625%, 09/13/24			2,000		1,894,009
TOTAL JAPAN						75,095,648
NETHERLANDS — (0.8%)
Cooperatieve Rabobank UA
W	2.625%, 07/22/24			6,940		6,718,672
ING Groep NV
	3.550%, 04/09/24			5,000		4,899,665
TOTAL NETHERLANDS						11,618,337
NEW ZEALAND — (1.8%)
New Zealand Government Bond
	0.500%, 05/15/24		NZD	45,900		27,055,316
New Zealand Local Government Funding Agency Bond
	2.250%, 04/15/24		NZD	1,500		899,041
TOTAL NEW ZEALAND						27,954,357
SPAIN — (0.8%)
Banco Santander SA
	3.496%, 03/24/25			7,000		6,758,700
Santander Holdings USA, Inc.
	3.500%, 06/07/24			5,000		4,867,931
TOTAL SPAIN						11,626,631
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (2.1%)
African Development Bank
	4.750%, 03/06/24		AUD	12,000		7,996,558
Asian Development Bank
	1.100%, 08/15/24		AUD	6,200		3,966,378
European Investment Bank
	4.750%, 08/07/24		AUD	1,000		669,867

93

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CONTINUED

		Face Amount^			Value†
		(000)
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (Continued)
Inter-American Development Bank
	4.750%, 08/27/24		AUD	1,000	$	670,028
International Finance Corp.
	1.450%, 07/22/24		AUD	4,000		2,574,379
Nordic Investment Bank
	4.750%, 02/28/24		AUD	13,500		8,997,210
	0.375%, 09/20/24			7,550		7,145,169
TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS						32,019,589
SWEDEN — (2.0%)
Skandinaviska Enskilda Banken AB
W	0.650%, 09/09/24			26,136		24,601,189
Svensk Exportkredit AB
#	0.625%, 10/07/24			5,600		5,296,032
TOTAL SWEDEN						29,897,221
SWITZERLAND — (0.2%)
UBS AG
#W	1.375%, 01/13/25			3,000		2,787,143
UNITED KINGDOM — (2.5%)
BAT Capital Corp.
	3.222%, 08/15/24			10,700		10,408,892
CNH Industrial Capital LLC
	1.950%, 07/02/23			4,000		3,977,708
Lloyds Banking Group PLC
	4.450%, 05/08/25			7,000		6,874,912
LSEGA Financing PLC
W	0.650%, 04/06/24			3,000		2,858,002
NatWest Markets PLC
W	2.375%, 05/21/23			1,900		1,896,351
W	0.800%, 08/12/24			12,000		11,325,247
Reckitt Benckiser Treasury Services PLC
W	2.750%, 06/26/24			658		641,622
TOTAL UNITED KINGDOM						37,982,734
UNITED STATES — (25.8%)
Aetna, Inc.
	3.500%, 11/15/24			1,600		1,560,928
Ally Financial, Inc.
	5.125%, 09/30/24			6,800		6,668,287
Amcor Flexibles North America, Inc.
	4.000%, 05/17/25			3,200		3,129,265

		Face Amount^			Value†
		(000)
UNITED STATES — (Continued)
American Express Co.
	2.250%, 03/04/25			10,000	$	9,522,105
American Tower Corp.
	3.375%, 05/15/24			1,900		1,858,123
	4.000%, 06/01/25			3,500		3,437,482
Ameriprise Financial, Inc.
	3.000%, 04/02/25			5,000		4,818,843
Apple, Inc.
	3.350%, 01/10/24		AUD	1,500		987,882
Arizona Public Service Co.
	3.350%, 06/15/24			4,328		4,236,238
Arrow Electronics, Inc.
	3.250%, 09/08/24			1,500		1,458,391
Bank of America Corp.
	4.125%, 01/22/24			5,000		4,957,543
Booking Holdings, Inc.
	3.650%, 03/15/25			10,000		9,818,821
Boston Scientific Corp.
#	3.450%, 03/01/24			875		861,960
Broadcom Corp./Broadcom Cayman Finance Ltd.
	3.625%, 01/15/24			8,000		7,901,193
Campbell Soup Co.
	3.300%, 03/19/25			10,000		9,721,057
Capital One Financial Corp.
	3.300%, 10/30/24			1,486		1,444,614
	3.200%, 02/05/25			6,400		6,105,143
Cardinal Health, Inc.
	3.079%, 06/15/24			9,750		9,522,665
Charles Schwab Corp.
	0.750%, 03/18/24			4,385		4,195,101
Charles Schwab Corp., Floating Rate Note, SOFR + 0.500%, FRN
(r)	5.320%, 03/18/24			3,073		3,040,705
Cigna Group
	3.750%, 07/15/23			1,163		1,158,731
	3.500%, 06/15/24			3,723		3,660,998
CNA Financial Corp.
	7.250%, 11/15/23			1,390		1,397,633
	3.950%, 05/15/24			2,000		1,968,921
Constellation Energy Generation LLC
	3.250%, 06/01/25			14,900		14,327,143
Devon Energy Corp.
	5.250%, 09/15/24			400		400,929
Discover Bank
	2.450%, 09/12/24			3,900		3,707,248
Discover Financial Services
	3.950%, 11/06/24			2,796		2,711,594
Eastern Energy Gas Holdings LLC
	2.500%, 11/15/24			6,727		6,472,854

94

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CONTINUED

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Edison International
	3.550%, 11/15/24		3,000	$	2,917,538
	4.950%, 04/15/25		6,920		6,899,071
Elevance Health, Inc.
	3.500%, 08/15/24		3,000		2,944,070
	2.375%, 01/15/25		13,500		12,982,935
Energy Transfer LP
	4.050%, 03/15/25		2,204		2,160,940
Energy Transfer LP/Regency Energy Finance Corp.
	4.500%, 11/01/23		9,000		8,944,744
Equifax, Inc.
	2.600%, 12/01/24		2,600		2,496,874
Fidelity & Guaranty Life Holdings, Inc.
W	5.500%, 05/01/25		2,000		1,982,256
Fiserv, Inc.
	2.750%, 07/01/24		5,000		4,858,660
Five Corners Funding Trust
W	4.419%, 11/15/23		3,228		3,206,123
Flex Ltd.
	4.750%, 06/15/25		1,000		986,205
General Motors Financial Co., Inc.
	5.100%, 01/17/24		2,000		1,993,209
	1.200%, 10/15/24		2,000		1,880,520
	3.800%, 04/07/25		3,500		3,400,049
Georgia-Pacific LLC
W	3.600%, 03/01/25		2,000		1,955,369
Gilead Sciences, Inc.
	3.500%, 02/01/25		7,885		7,742,011
GlaxoSmithKline Capital PLC
	3.000%, 06/01/24		4,361		4,284,485
Global Payments, Inc.
	3.750%, 06/01/23		4,000		3,992,238
	2.650%, 02/15/25		3,000		2,864,051
Goldman Sachs Group, Inc.
	3.500%, 01/23/25		5,000		4,858,736
Hewlett Packard Enterprise Co.
	1.450%, 04/01/24		10,750		10,367,661
International Business Machines Corp.
	3.625%, 02/12/24		1,750		1,730,607
	3.000%, 05/15/24		11,000		10,775,722
John Deere Capital Corp.
	2.050%, 01/09/25		6,500		6,248,211
JPMorgan Chase & Co.
	3.625%, 05/13/24		493		486,289
#	3.125%, 01/23/25		5,500		5,350,583

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Kemper Corp.
	4.350%, 02/15/25		7,500	$	7,329,100
Kimco Realty OP LLC
	2.700%, 03/01/24		1,000		974,486
Kinder Morgan, Inc.
W	5.625%, 11/15/23		4,336		4,334,748
Laboratory Corp. of America Holdings
	3.600%, 02/01/25		763		744,738
Lazard Group LLC
	3.750%, 02/13/25		3,085		3,002,813
Lennar Corp.
	4.500%, 04/30/24		5,000		4,952,976
LyondellBasell Industries NV
	5.750%, 04/15/24		570		570,826
Marathon Petroleum Corp.
	3.625%, 09/15/24		7,000		6,860,502
Morgan Stanley
	3.875%, 04/29/24		7,253		7,151,364
MPLX LP
	4.875%, 12/01/24		3,750		3,735,607
Nuveen Finance LLC
W	4.125%, 11/01/24		11,250		10,966,392
Oracle Corp.
	2.950%, 11/15/24		10,000		9,680,476
	2.500%, 04/01/25		3,600		3,437,154
Penske Truck Leasing Co. LP/PTL Finance Corp.
W	4.125%, 08/01/23		2,022		2,012,055
Phillips 66
	3.850%, 04/09/25		2,000		1,959,566
Raytheon Technologies Corp.
	3.200%, 03/15/24		4,040		3,974,115
Ryder System, Inc.
#	3.650%, 03/18/24		8,033		7,904,829
Simon Property Group LP
	2.000%, 09/13/24		7,937		7,588,405
Truist Financial Corp.
	2.500%, 08/01/24		280		269,211
UnitedHealth Group, Inc.
#	3.500%, 02/15/24		12,000		11,861,900
Ventas Realty LP
	2.650%, 01/15/25		1,000		950,223
	3.500%, 02/01/25		9,600		9,275,976
Verizon Communications, Inc., Floating Rate Note, SOFR + 0.500%, FRN
(r)	5.331%, 03/22/24		811		810,247
Vornado Realty LP
#	3.500%, 01/15/25		2,265		2,119,948

95

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CONTINUED

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Waste Management, Inc.
#	2.400%, 05/15/23		2,207	$	2,204,744
Wells Fargo & Co.
	3.300%, 09/09/24		10,000		9,779,772
	3.000%, 02/19/25		4,000		3,870,072
Welltower OP LLC
	4.500%, 01/15/24		8,500		8,418,073
Williams Cos., Inc.
	3.900%, 01/15/25		2,843		2,792,096
Zimmer Biomet Holdings, Inc.
	3.550%, 04/01/25		3,000		2,919,300
TOTAL UNITED STATES					391,813,268
TOTAL BONDS					905,327,712
U.S. TREASURY OBLIGATIONS — (35.5%)
U.S. Treasury Bills
~«∞	4.713%, 05/09/23		36,000		35,967,040
∞	4.446%, 06/22/23		50,000		49,651,347
∞	4.875%, 06/29/23		15,000		14,879,203
U.S. Treasury Notes
	0.125%, 08/15/23		35,500		34,992,461
~«	0.125%, 09/15/23		21,000		20,625,117
	0.500%, 11/30/23		46,000		44,835,625
	0.125%, 12/15/23		80,000		77,687,500
	0.750%, 12/31/23		80,000		77,815,625
~«	2.250%, 03/31/24		20,000		19,537,500
~«	0.375%, 04/15/24		17,000		16,297,422
~«	0.250%, 05/15/24		18,000		17,176,640
U.S. Treasury Notes, Floating Rate Note
(r)	3M USTMMR + 0.140, FRN, 5.271%, 10/31/24		85,000		85,097,179
(r)	3M USTMMR + 0.200, FRN, 5.331%, 01/31/25		45,000		45,087,508
TOTAL U.S. TREASURY OBLIGATIONS					539,650,167

		Shares		Value
COMMERCIAL PAPER — (4.1%)
CANADA — (0.3%)
	John Deere Canada ULC, 5.171%		5,000,000	$	4,952,543
UNITED STATES — (3.8%)
	Bayer Corp.		1,500,000		1,484,265
	Duke Energy Corp.		8,500,000		8,443,847
	Emerson Electric Co.		10,000,000		9,945,411
	Mondelez International, Inc.		5,000,000		4,975,435
	Parker-Hannifin Corp.		7,000,000		6,925,712
	Sherwin-Williams Co.		8,000,000		7,963,883
	Stanley Black & Decker, Inc.		8,000,000		7,972,635
	Walt Disney Co.		10,000,000		9,923,860
TOTAL UNITED STATES					57,635,048
TOTAL COMMERCIAL PAPER					62,587,591
TOTAL INVESTMENT SECURITIES (Cost $1,550,661,851)					1,507,565,470
				Value†
SECURITIES LENDING COLLATERAL — (0.8%)
@§	The DFA Short Term Investment Fund		1,005,440		11,629,921
TOTAL INVESTMENTS — (100.0%) (Cost $1,562,291,322)				$	1,519,195,391

As of April 30, 2023, DFA Commodity Strategy Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying consolidated financial statements:

Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
NZD	45,294,566		USD	27,845,740	Citibank, N.A.		05/02/23	$	164,425

96

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CONTINUED

Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	28,233,385		NZD	45,294,566	State Street Bank and Trust		05/02/23	$	223,220
USD	54,955,690		AUD	81,527,440	Citibank, N.A.		07/19/23		831,142
Total Appreciation								$	1,218,787
USD	27,807,322		NZD	45,236,092	Citibank, N.A.		06/02/23	$	(164,602	)
USD	10,764,245		CAD	14,820,079	HSBC Bank		06/23/23		(185,606	)
Total (Depreciation)								$	(350,208	)
Total Appreciation (Depreciation)								$	868,579

As of April 30, 2023, DFA Commodity Strategy Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts			Expiration Date		Notional Value			Market Value			Unrealized Appreciation (Depreciation)
Long Position Contracts:
CBOT Corn Futures		96			07/14/23	$	3,024,343		$	2,808,000		$	(216,343	)
CBOT Soybean Futures		44			07/14/23		3,199,283			3,122,350			(76,933	)
CBOT Soybean Meal Futures		42			07/14/23		1,900,747			1,816,080			(84,667	)
CBOT Soybean Oil Futures		49			07/14/23		1,637,814			1,519,098			(118,716	)
CBOT Wheat Futures		43			07/14/23		1,515,657			1,362,562			(153,095	)
CME Lean Hogs Futures		31			07/17/23		1,156,311			1,161,570			5,259
CME Live Cattle Futures		30			08/31/23		1,965,887			1,965,300			(587	)
COMEX Copper Futures		30			07/27/23		3,074,536			2,917,875			(156,661	)
COMEX Gold 100 Troy Oz. Futures		45			08/29/23		9,082,042			9,082,350			308
COMEX Silver Futures		22			07/27/23		2,676,432			2,774,860			98,428
ICE Brent Crude Oil Futures		52			07/31/23		4,103,845			4,131,920			28,075
ICE Gasoil Futures		19			07/12/23		1,379,195			1,321,450			(57,745	)
KCBT Hard Red Winter Wheat Futures		24			07/14/23		1,029,839			931,500			(98,339	)
LME Lead Futures		19			07/17/23		1,011,717			1,020,775			9,058
LME Lead Futures		29			05/15/23		1,565,889			1,562,375			(3,514	)
LME Nickel Futures		18			07/17/23		2,554,281			2,617,812			63,531
LME Nickel Futures		34			05/15/23		6,061,140			4,944,246			(1,116,894	)
LME Primary Aluminum Futures		79			07/17/23		4,799,606			4,650,631			(148,975	)
LME Primary Aluminum Futures		122			05/15/23		7,909,024			7,234,600			(674,424	)
LME Zinc Futures		42			07/17/23		3,045,189			2,778,825			(266,364	)
LME Zinc Futures		66			05/15/23		5,476,766			4,365,487			(1,111,279	)
NYBOT CSC ’C’ Coffee Futures		27			07/19/23		1,700,088			1,882,744			182,656
NYBOT CSC No. 11 World Sugar Futures		69			06/30/23		1,651,294			2,036,328			385,034
NYBOT CTN No. 2 Cotton Futures		21			07/07/23		881,086			848,400			(32,686	)
NYMEX Henry Hub Natural Gas Futures		133			06/28/23		3,501,887			3,428,740			(73,147	)
NYMEX Light Sweet Crude Oil Futures		60			06/20/23		4,451,545			4,596,600			145,055
NYMEX NY Harbor ULSD Futures		10			06/30/23		1,043,227			1,000,398			(42,829	)
NYMEX Reformulated Gasoline Blend Futures		13			06/30/23		1,372,548			1,358,448			(14,100	)
Total						$	82,771,218		$	79,241,324		$	(3,529,894	)
Short Position contracts:
LME Lead Futures		(9	)		07/17/23		(474,509	)		(483,525	)		(9,016	)
LME Lead Futures		(29	)		05/15/23		(1,540,673	)		(1,562,375	)		(21,702	)
LME Nickel Futures		(34	)		05/15/23		(5,038,250	)		(4,944,245	)		94,005
LME Nickel Futures		(9	)		07/17/23		(1,282,441	)		(1,308,906	)		(26,465	)
LME Primary Aluminum Futures		(122	)		05/15/23		(7,294,477	)		(7,234,600	)		59,877
LME Primary Aluminum Futures		(38	)		07/17/23		(2,220,119	)		(2,237,013	)		(16,894	)
LME Zinc Futures		(66	)		05/15/23		(4,860,727	)		(4,365,487	)		495,240

97

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CONTINUED

												Unrealized
	Number of			Expiration		Notional			Market			Appreciation
Description	Contracts			Date		Value			Value			(Depreciation)
LME Zinc Futures		(20	)		07/17/23	$	(1,321,559	)	$	(1,323,250	)	$	(1,691	)
Total						$	(24,032,755	)	$	(23,459,401	)	$	573,354
Total Futures Contracts						$	58,738,463		$	55,781,923		$	(2,956,540	)

As of April 30, 2023, DFA Commodity Strategy Portfolio had entered into the following outstanding Total Return Swaps:

Reference Entity*	Counterparty**	Notional Amount			Payments received (paid) by the Fund***	Expiration Date		Upfront Premiums Paid		Upfront Premiums Received		Market Value			Unrealized Appreciation (Depreciation)
BofA Merrill Lynch Commodity MLBXPPDM Total Return Index (1)	Bank of America Corp.		USD	192,651,028	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14		05/26/23		—		—	$	(549,304	)	$	(549,304	)
BofA Merrill Lynch Total Return Index (2)	Bank of America Corp.		USD	305,971,162	3 Month USD UST 13-Week Bill High Discount Rate plus 0.18		05/26/23		—		—		(1,246,493	)		(1,246,493	)
Citi Commodities Pre-Roll RS Total Return Index (3)	Citibank, N.A.		USD	332,789,587	3 Month USD UST 13-Week Bill High Discount Rate plus 0.18		06/28/23		—		—		(5,457,249	)		(5,457,249	)
Citi Custom CIVICS H Total Return Index (4)	Citibank, N.A.		USD	202,091,238	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14		06/28/23		—		—		(3,172,613	)		(3,172,613	)
UBS UBSIB190 Custom Strategy (5)	UBS AG		USD	460,872,133	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14		07/27/23		—		—		3,754,999			3,754,999
Total									—		—	$	(6,670,660	)	$	(6,670,660	)

* Portfolio receives the price appreciation of the reference entity at maturity.

** As of April 30, 2023, the counterparties had deposited in segregated accounts securities with a value of $3,017,311 in connection with open total return swap contracts.

*** Payments received (paid) by the Fund are exchanged at maturity.

(1) The following table represents the individual positions within the Total Return Swap as of April 30, 2023:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		2.73	%	$	5,244,465
CBOT Corn Futures		5.03	%		9,685,046
NYMEX Light Sweet Crude Oil Futures		8.20	%		15,792,278
ICE Brent Crude Oil Futures		7.45	%		14,356,316

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DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

Futures Contract	% of Index			Notional Amount
NYBOT CTN No. 2 Cotton Futures		1.50	%		2,887,113
COMEX Gold 100 Troy Oz. Futures		16.34	%		31,488,112
COMEX Copper Futures		5.30	%		10,215,057
NYMEX NY Harbor ULSD Futures		1.74	%		3,360,363
NYBOT CSC ’C’ Coffee Futures		3.42	%		6,592,940
KCBT Hard Red Winter Wheat Futures		1.67	%		3,214,378
LME Primary Aluminum Futures		4.29	%		8,259,587
CME Live Cattle Futures		3.53	%		6,808,496
CME Lean Hogs Futures		2.07	%		3,994,913
LME Lead Futures		0.93	%		1,790,504
LME Nickel Futures		2.45	%		4,718,275
LME Zinc Futures		2.59	%		4,985,188
NYMEX Henry Hub Natural Gas Futures		6.15	%		11,849,457
ICE Gasoil Futures		2.30	%		4,432,276
CBOT Soybean Futures		5.61	%		10,801,489
NYBOT CSC No. 11 World Sugar Futures		3.62	%		6,975,950
COMEX Silver Futures		4.92	%		9,482,143
CBOT Soybean Meal Futures		3.26	%		6,273,674
CBOT Wheat Futures		2.43	%		4,676,922
NYMEX Reformulated Gasoline Blend Futures		2.47	%		4,766,087
Total Notional Amount				$	192,651,028

(2) The following table represents the individual positions within the Total Return Swap as of April 30, 2023:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		2.77	%	$	8,472,222
CBOT Corn Futures		6.14	%		18,787,516
NYMEX Light Sweet Crude Oil Futures		8.29	%		25,365,826
ICE Brent Crude Oil Futures		7.61	%		23,275,285
NYBOT CTN No. 2 Cotton Futures		1.21	%		3,714,394
COMEX Gold 100 Troy Oz. Futures		13.10	%		40,085,066
COMEX Copper Futures		5.37	%		16,427,560
NYMEX NY Harbor ULSD Futures		1.76	%		5,399,522
NYBOT CSC ’C’ Coffee Futures		4.16	%		12,713,710
KCBT Hard Red Winter Wheat Futures		2.03	%		6,197,936
LME Primary Aluminum Futures		3.48	%		10,638,590
CME Live Cattle Futures		3.60	%		11,005,291
CME Lean Hogs Futures		2.42	%		7,398,040
LME Lead Futures		0.75	%		2,301,623
LME Nickel Futures		1.98	%		6,065,160
LME Zinc Futures		2.62	%		8,007,606
NYMEX Henry Hub Natural Gas Futures		6.20	%		18,985,149
ICE Gasoil Futures		2.34	%		7,163,088
CBOT Soybean Futures		6.83	%		20,904,077
NYBOT CSC No. 11 World Sugar Futures		4.40	%		13,450,970
COMEX Silver Futures		3.98	%		12,187,121
CBOT Soybean Meal Futures		4.00	%		12,232,070
CBOT Wheat Futures		1.98	%		6,061,810
NYMEX Reformulated Gasoline Blend Futures		2.98	%		9,131,530
Total Notional Amount				$	305,971,162

99

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

(3) The following table represents the individual positions within the Total Return Swap as of April 30, 2023:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		2.77	%	$	9,214,814
CBOT Corn Futures		6.14	%		20,434,245
NYMEX Light Sweet Crude Oil Futures		8.29	%		27,589,145
ICE Brent Crude Oil Futures		7.61	%		25,315,368
NYBOT CTN No. 2 Cotton Futures		1.21	%		4,039,961
COMEX Gold 100 Troy Oz. Futures		13.10	%		43,598,529
COMEX Copper Futures		5.37	%		17,867,439
NYMEX NY Harbor ULSD Futures		1.76	%		5,872,790
NYBOT CSC ’C’ Coffee Futures		4.16	%		13,828,069
KCBT Hard Red Winter Wheat Futures		2.03	%		6,741,186
LME Primary Aluminum Futures		3.48	%		11,571,065
CME Live Cattle Futures		3.60	%		11,969,907
CME Lean Hogs Futures		2.42	%		8,046,479
LME Lead Futures		0.75	%		2,503,361
LME Nickel Futures		1.98	%		6,596,773
LME Zinc Futures		2.62	%		8,709,474
NYMEX Henry Hub Natural Gas Futures		6.20	%		20,649,200
ICE Gasoil Futures		2.34	%		7,790,934
CBOT Soybean Futures		6.83	%		22,736,323
NYBOT CSC No. 11 World Sugar Futures		4.40	%		14,629,950
COMEX Silver Futures		3.98	%		13,255,324
CBOT Soybean Meal Futures		4.00	%		13,304,213
CBOT Wheat Futures		1.98	%		6,593,128
NYMEX Reformulated Gasoline Blend Futures		2.98	%		9,931,910
Total Notional Amount				$	332,789,587

(4) The following table represents the individual positions within the Total Return Swap as of April 30, 2023:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		2.73	%	$	5,501,453
CBOT Corn Futures		5.03	%		10,159,629
NYMEX Light Sweet Crude Oil Futures		8.20	%		16,566,125
ICE Brent Crude Oil Futures		7.45	%		15,059,798
NYBOT CTN No. 2 Cotton Futures		1.50	%		3,028,586
COMEX Gold 100 Troy Oz. Futures		16.34	%		33,031,080
COMEX Copper Futures		5.30	%		10,715,611
NYMEX NY Harbor ULSD Futures		1.74	%		3,525,026
NYBOT CSC ’C’ Coffee Futures		3.42	%		6,916,005
KCBT Hard Red Winter Wheat Futures		1.67	%		3,371,887
LME Primary Aluminum Futures		4.29	%		8,664,319
CME Live Cattle Futures		3.53	%		7,142,123
CME Lean Hogs Futures		2.07	%		4,190,670
LME Lead Futures		0.93	%		1,878,241
LME Nickel Futures		2.45	%		4,949,478
LME Zinc Futures		2.59	%		5,229,470
NYMEX Henry Hub Natural Gas Futures		6.15	%		12,430,100

100

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

Futures Contract	% of Index			Notional Amount
ICE Gasoil Futures		2.30	%		4,649,465
CBOT Soybean Futures		5.61	%		11,330,779
NYBOT CSC No. 11 World Sugar Futures		3.62	%		7,317,782
COMEX Silver Futures		4.92	%		9,946,783
CBOT Soybean Meal Futures		3.26	%		6,581,094
CBOT Wheat Futures		2.43	%		4,906,099
NYMEX Reformulated Gasoline Blend Futures		2.47	%		4,999,633
Total Notional Amount				$	202,091,238

(5) The following table represents the individual positions within the Total Return Swap as of April 30, 2023:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		2.73	%	$	12,546,146
CBOT Corn Futures		5.03	%		23,169,188
NYMEX Light Sweet Crude Oil Futures		8.20	%		37,779,299
ICE Brent Crude Oil Futures		7.45	%		34,344,099
NYBOT CTN No. 2 Cotton Futures		1.50	%		6,906,737
COMEX Gold 100 Troy Oz. Futures		16.34	%		75,327,878
COMEX Copper Futures		5.30	%		24,437,114
NYMEX NY Harbor ULSD Futures		1.74	%		8,038,876
NYBOT CSC ’C’ Coffee Futures		3.42	%		15,772,053
KCBT Hard Red Winter Wheat Futures		1.67	%		7,689,640
LME Primary Aluminum Futures		4.29	%		19,759,112
CME Live Cattle Futures		3.53	%		16,287,721
CME Lean Hogs Futures		2.07	%		9,556,888
LME Lead Futures		0.93	%		4,283,357
LME Nickel Futures		2.45	%		11,287,361
LME Zinc Futures		2.59	%		11,925,886
NYMEX Henry Hub Natural Gas Futures		6.15	%		28,347,031
ICE Gasoil Futures		2.30	%		10,603,174
CBOT Soybean Futures		5.61	%		25,840,013
NYBOT CSC No. 11 World Sugar Futures		3.62	%		16,688,314
COMEX Silver Futures		4.92	%		22,683,790
CBOT Soybean Meal Futures		3.26	%		15,008,284
CBOT Wheat Futures		2.43	%		11,188,432
NYMEX Reformulated Gasoline Blend Futures		2.47	%		11,401,739
Total Notional Amount				$	460,872,133

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Bonds
Australia		—	$	39,556,731		—	$	39,556,731
Canada		—		104,687,683		—		104,687,683
Denmark		—		7,064,725		—		7,064,725
France		—		57,938,027		—		57,938,027
Germany		—		53,430,386		—		53,430,386

101

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2			Level 3		Total
Ireland		—		$	12,318,460			—	$	12,318,460
Italy		—			9,536,772			—		9,536,772
Japan		—			75,095,648			—		75,095,648
Netherlands		—			11,618,337			—		11,618,337
New Zealand		—			27,954,357			—		27,954,357
Spain		—			11,626,631			—		11,626,631
Supranational Organization Obligations		—			32,019,589			—		32,019,589
Sweden		—			29,897,221			—		29,897,221
Switzerland		—			2,787,143			—		2,787,143
United Kingdom		—			37,982,734			—		37,982,734
United States		—			391,813,268			—		391,813,268
U.S. Treasury Obligations		—			539,650,167			—		539,650,167
Commercial Paper		—			62,587,591			—		62,587,591
Securities Lending Collateral		—			11,629,921			—		11,629,921
Forward Currency Contracts**		—			868,579			—		868,579
Futures Contracts**	$	(2,956,540	)		—			—		(2,956,540	)
Swap Agreements**		—			(6,670,660	)		—		(6,670,660	)
TOTAL	$	(2,956,540	)	$	1,513,393,310			—	$	1,510,436,770

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

102

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	DFA Commodity Strategy
	Portfolio*
ASSETS:
Investment Securities at Value (including $11,416 of securities on loan)	$	1,507,565
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $11,629)		11,630
Foreign Currencies at Value		12
Segregated Cash for Swaps Contracts		20,116
Cash		18,455
Receivables:
Dividends and Interest		8,899
Securities Lending Income		3
Fund Shares Sold		1,095
Unrealized Gain on Swap Contracts		3,755
Unrealized Gain on Forward Currency Contracts		1,219
Prepaid Expenses and Other Assets		108
Total Assets		1,572,857
LIABILITIES:
Payables:
Upon Return of Securities Loaned		11,653
Fund Shares Redeemed		3,912
Due to Advisor		372
Due to Broker		1
Futures Margin Variation		2,950
Unrealized Loss on Swap Contracts		10,426
Unrealized Loss on Forward Currency Contracts		350
Payable for Swap Contracts Payments		1,089
Accrued Expenses and Other Liabilities		124
Total Liabilities		30,877
NET ASSETS	$	1,541,980
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		334,859,558
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	4.60
Investment Securities at Cost	$	1,550,662
Foreign Currencies at Cost	$	13
NET ASSETS CONSIST OF:
Paid-In Capital	$	2,392,757
Total Distributable Earnings (Loss)		(850,777	)
NET ASSETS	$	1,541,980
(1) NUMBER OF SHARES AUTHORIZED		1,800,000,000

* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

103

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	DFA
	Commodity Strategy
	Portfolio#
Investment Income
Interest	$	23,256
Income from Securities Lending		30
Total Investment Income		23,286
Expenses
Investment Management Fees		2,830
Accounting & Transfer Agent Fees		128
Custodian Fees		40
Filing Fees		46
Shareholders’ Reports		27
Directors’/Trustees’ Fees & Expenses		7
Professional Fees		13
Other		36
Total Expenses		3,127
Fees Waived, Expenses Reimbursed by Advisor (Note D)		538
Fees Paid Indirectly (Note D)		10
Net Expenses		2,579
Net Investment Income (Loss)		20,707
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(13,964	)
Futures		(9,531	)
Swap Contracts		(117,682	)
Foreign Currency Transactions		(72	)
Forward Currency Contracts		(4,783	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		40,888
Affiliated Investment Companies Shares		7
Futures		(2,051	)
Swap Contracts		(12,131	)
Translation of Foreign Currency-Denominated Amounts		15
Forward Currency Contracts		478
Net Realized and Unrealized Gain (Loss)		(118,826	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(98,119	)

** Net of foreign capital gain taxes withheld of $0.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Commodity Strategy
	Portfolio
	Six Months			Year
	Ended			Ended
	Apr 30,			Oct 31,
	2023			2022
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	20,707		$	22,136
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(13,964	)		(44,736	)
Affiliated Investment Companies Shares Sold		—			(5	)
Futures		(9,531	)		953
Swap Contracts		(117,682	)		110,350
Foreign Currency Transactions		(72	)		(22	)
Forward Currency Contracts		(4,783	)		21,616
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		40,888			(75,310	)
Affiliated Investment Companies Shares		7			(6	)
Futures		(2,051	)		(1,625	)
Swap Contracts		(12,131	)		35,073
Translation of Foreign Currency-Denominated Amounts		15			(51	)
Forward Currency Contracts		478			1,633
Net Increase (Decrease) in Net Assets Resulting from Operations		(98,119	)		70,006
Distributions:
Institutional Class Shares		(108,510	)		(500,400	)
Capital Share Transactions (1):
Shares Issued		352,170			967,055
Shares Issued in Lieu of Cash Distributions		99,561			476,866
Shares Redeemed		(393,211	)		(1,089,224	)
Net Increase (Decrease) from Capital Share Transactions		58,520			354,697
Total Increase (Decrease) in Net Assets		(148,109	)		(75,697	)
Net Assets
Beginning of Period		1,690,089			1,765,786
End of Period	$	1,541,980		$	1,690,089
(1) Shares Issued and Redeemed:
Shares Issued		72,477			173,638
Shares Issued in Lieu of Cash Distributions		19,872			104,431
Shares Redeemed		(80,484	)		(198,205	)
Net Increase (Decrease) from Shares Issued and Redeemed		11,865			79,864

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0.

See accompanying Notes to Financial Statements.

105

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Commodity Strategy Portfolio
	Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	5.23		$	7.26		$	5.00		$	5.46		$	5.68		$	5.98
Income from Investment Operations (A)
Net Investment Income (Loss)		0.06			0.07			0.01			0.06			0.11			0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.34	)		0.07			2.27			(0.46	)		(0.22	)		(0.25	)
Total from Investment Operations		(0.28	)		0.14			2.28			(0.40	)		(0.11	)		(0.15	)
Less Distributions:
Net Investment Income		(0.35	)		(2.17	)		(0.02	)		(0.06	)		(0.11	)		(0.15	)
Total Distributions		(0.35	)		(2.17	)		(0.02	)		(0.06	)		(0.11	)		(0.15	)
Net Asset Value, End of Period	$	4.60		$	5.23		$	7.26		$	5.00		$	5.46		$	5.68
Total Return		(5.91	%)(B)		6.38	%		45.67	%		(7.41	%)		(1.99	%)		(2.43	%)
Net Assets, End of Period (thousands)	$	1,541,980		$	1,690,089		$	1,765,786		$	1,096,427		$	1,579,044		$	1,995,988
Ratio of Expenses to Average Net Assets		0.31	%(C)		0.30	%		0.31	%		0.33	%		0.33	%		0.32	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.38	%(C)		0.38	%		0.40	%		0.41	%		0.41	%		0.39	%
Ratio of Net Investment Income to Average Net Assets		2.53	%(C)		1.25	%		0.24	%		1.15	%		1.99	%		1.61	%
Portfolio Turnover Rate		14	%(B)		134	%		114	%		71	%		38	%		78	%

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

See accompanying Notes to Financial Statements.

106

DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO CONSOLIDATED 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, as amended (the “1940 Act”), whose shares are generally offered, without a sales charge, to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios, one of which, DFA Commodity Strategy Portfolio (the “Portfolio”), is included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

The Portfolio wholly owns and controls Dimensional Cayman Commodity Fund I, LTD. (the “Subsidiary”), a company organized under the laws of the Cayman Islands. The Subsidiary is not registered as an investment company under the 1940 Act.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

Debt securities held by the Portfolio are valued on the basis of evaluated 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 that 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. These securities are generally categorized as Level 2 in the hierarchy. 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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Futures contracts held by the Portfolio are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy. Swap agreements will be valued at the price provided by an independent third-party pricing service or source. If a price is not available from an independent third-party pricing service or source, the swap agreement will be valued in good faith at fair value in accordance with procedures approved by the Board. These securities are generally categorized as Level 2 in the hierarchy.

Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Portfolio’s investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments. The methodology or inputs 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 Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate this translation, the Portfolio enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. 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.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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.

The Directors may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The 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 Directors 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 (unless the Director files an amended Notice selecting a different distribution date).

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 securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. 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 Portfolio estimates the character of received distributions 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, using the effective interest method. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or its portfolios are allocated using methods approved by the Board, generally based on average net assets.

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C. Basis for Consolidation:

The Subsidiary commenced operations on November 9, 2010. The Portfolio commenced reporting on a consolidated basis as of such commencement date in accordance with the accounting principles relating to reporting of a wholly-owned subsidiary. The Portfolio will seek to gain exposure to commodities, commodities-related instruments, derivatives and other investments by directly investing in those instruments or through investments in the Subsidiary. The Subsidiary participates in the same investment goal as the Portfolio. The Subsidiary pursues its investment goal by investing in commodities, commodities-related instruments, derivatives and other investments. The Subsidiary (unlike the Portfolio) may invest without limitation in these instruments. However, the Subsidiary is otherwise subject to the same fundamental, non-fundamental and certain other investment restrictions as the Portfolio. The portion of the Portfolio’s or Subsidiary’s assets exposed to any particular commodity, derivative or other investment will vary based on market conditions, but from time to time some exposure could be substantial.

To the extent of the Portfolio’s investment through the Subsidiary, it will be subject to the risks associated with the commodities, derivatives and other instruments in which the Subsidiary invests. By investing in the Subsidiary, the Portfolio is indirectly exposed to the risks associated with the Subsidiary’s investments. The derivatives and other investments held by the Subsidiary are generally similar to those that are permitted to be held by the Portfolio and are subject to the same risks that apply to similar investments if held directly by the Portfolio.

The Subsidiary is classified as a controlled foreign corporation under Subchapter N of the Internal Revenue Code. Therefore, the Portfolio is required to increase its taxable income by its share of the Subsidiary’s income. Net investment losses of the Subsidiary cannot be deducted by the Portfolio in the current period nor carried forward to offset taxable income in future periods.

As of April 30, 2023, the Portfolio held a $340,362,720 investment in the Subsidiary, representing 22.07% of the Portfolio’s total net assets. The accompanying consolidated financial statements include all assets, liabilities, revenues and expenses of the Portfolio and its wholly-owned Subsidiary. Intercompany balances and transactions have been eliminated in consolidation.

D. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolio. For the six months ended April 30, 2023, the investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

DFA Commodity Strategy Portfolio 0.28 % 

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive all or a portion of the management fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in The DFA Short Term Investment Fund and its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses to no more than 0.55% of the Portfolio’s average net assets on an annualized basis (the “Expense Limitation Amount”). At any time that the Portfolio Expenses of the Portfolio are less than the Expense Limitation Amount, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Fund, on behalf of the Portfolio, is also 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. The Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2024, and may only be terminated by the Fund’s Board of Directors prior to that date. The Fee Waiver Agreement will continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. As of April 30, 2023, there were no previously waived fees/expenses assumed subject to future recovery by the Advisor.

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The Subsidiary has entered into a separate contract with the Advisor whereby the Advisor or its affiliates provide investment advisory and other services to the Subsidiary. For the investment advisory services it provides, the Advisor is entitled to a fee from the Subsidiary equal to 0.30% of the Subsidiary’s average net assets on an annualized basis; however, pursuant to a contractual agreement, the Advisor has agreed to waive the management fee of the Subsidiary.

For the six months ended April 30, 2023, approximately $538 (in thousands) of the Subsidiary’s management fees were waived pursuant to the Subsidiary fee waiver agreement.

Earned Income Credit:

Additionally, the Portfolio has entered into an arrangement with its custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolio’s custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of the Portfolio’s net assets. During the six months ended April 30, 2023, expenses reduced were as follows (amount in thousands):

	Fees Paid Indirectly
DFA Commodity Strategy Portfolio	$	10

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2023, the total related amount paid by the Fund to the CCO was $73 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Consolidated Statement of Operations.

E. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Consolidated Statement of Assets and Liabilities as follows (amount in thousands):

DFA Commodity Strategy Portfolio $ 8

F. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Portfolio’s transactions related to investment securities, other than short-term securities and in-kind redemptions (amounts in thousands), were as follows:

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
DFA Commodity Strategy Portfolio	$	202,095	$	314,883		—	$	204,971

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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The amounts presented below may differ from the respective amounts presented in the corresponding Consolidated Schedule of Investments, Consolidated Statement of Assets and Liabilities or Consolidated Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales		Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
DFA Commodity Strategy Portfolio
The DFA Short Term Investment Fund	$	17,837	$	46,879	$	53,093		—	$	7	$	11,630		1,005	$	275		—
Total	$	17,837	$	46,879	$	53,093		—	$	7	$	11,630		1,005	$	275		—

G. 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 GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income or accumulated net realized gains or losses, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of financial and tax reporting related to the Subsidiary, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for tax purposes, reversal of book income/loss from controlled foreign corporation and net foreign currency gains/losses, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2021, and October 31, 2022, were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA Commodity Strategy Portfolio
2021	$	3,525		—		—	$	3,525
2022		500,400		—		—		500,400

As of October 31, 2022, 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 use 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 Commodity Strategy Portfolio	$	(12,205	)		—	$	(12,205	)

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As of October 31, 2022, 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 Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
DFA Commodity Strategy Portfolio	$	103,837		—	$	(33,679	)	$	(714,299	)	$	(644,141	)

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, 2022, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

	Unlimited		Total
DFA Commodity Strategy Portfolio	$	33,679	$	33,679

During the year ended October 31, 2022, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
DFA Commodity Strategy Portfolio	$	3,679,893	$	1,347	$	(1,499,717	)	$	(1,498,370	)

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 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 positions and has concluded that no additional 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 more likely than not 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 remain subject to examination by the Internal Revenue Service.

H. Financial Instruments:

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

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Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Portfolio. The Portfolio may gain exposure to commodity markets by investing up to 25% of the Portfolio’s total assets in the Subsidiary. The Subsidiary may invest without limitation in commodity-linked notes, swap agreements and other commodity-linked derivative instruments, including futures contracts on individual commodities or a subset of commodities and options on commodities. The accompanying consolidated schedule of investments includes investments of the Portfolio and its wholly-owned Subsidiary.

2. Forward Currency Contracts: The Portfolio may acquire and sell forward currency contracts to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk). The decision to hedge the 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 Consolidated Statement of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. 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 Consolidated Statement of Operations as a net realized gain or loss on forward currency contracts.

3. Commodity-Linked Derivatives: The Portfolio and the Subsidiary invest in commodity-linked derivative instruments, such as swap agreements, commodity options, futures, options on futures, and structured notes. The prices of commodity-linked derivative instruments may move in different directions than investments in traditional equity securities, fixed income securities and commodity spot prices.

4. Swap Agreements: The Portfolio may enter into swap agreements with respect to commodities, interest rates and indexes of commodities or securities, specific securities and commodities, and mortgage, credit and event-linked swaps, and, to the extent the Portfolio may invest in foreign-currency-denominated securities, the Portfolio may enter into swap agreements with respect to foreign currencies.

The Portfolio may enter into swap transactions for any legal purpose consistent with its investment objective and policies, such as for the purpose of attempting to obtain or preserve a particular return or spread at a lower cost than obtaining a return or spread through purchases and/or sales of instruments in other markets, to seek to increase total return (speculation), to protect against currency fluctuations, as a duration management technique, to protect against any increase in the price of securities the Portfolio anticipates purchasing at a later date, or to gain exposure to certain markets in the most economical way possible.

A swap agreement may be negotiated bilaterally and traded over-the-counter between the two parties (for an uncleared swap), while other swaps must be transacted through a futures commission merchant (“FCM”) and cleared through a clearinghouse that serves as a central counterparty (for a cleared swap), and may be traded on swap execution facilities (exchanges). Swap agreements are two-party contracts entered into primarily by institutional investors for periods ranging from a few weeks to more than one year. In a standard “swap” transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments, which may be adjusted for an interest factor. In an uncleared swap, the swap counterparty is typically a brokerage firm, bank or other financial institution. In a cleared swap, the Portfolio’s ultimate counterparty is a central clearinghouse rather than a brokerage firm, bank or other financial institution.

An investment in a commodity swap agreement may involve the exchange of floating-rate interest payments for the total return on a commodity index. In a total return commodity swap, the Portfolio will receive the price appreciation of a commodity index, a portion of the index, or a single commodity in exchange for paying an agreed-upon fee. The Portfolio may also enter into credit default swap agreements. The “buyer” in a credit default contract is obligated to pay the “seller” a periodic stream of payments over the term of the contract provided that no event of default on an underlying reference obligation (whether as a single debt instrument or as part of an index of debt instruments) has occurred. If an event of default occurs, the seller must pay the buyer the full notional value, or “par value,” of the reference obligation in exchange for the reference obligation. The Portfolio may be either the buyer or seller in a credit default swap transaction. Credit default swap transactions involve greater risks than if the Portfolio had invested in the reference obligation directly.

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Most swap agreements entered into by the Portfolio will calculate the obligations of the parties to the agreement on a “net” basis, which means that the two payment streams are netted out, with the Portfolio receiving or paying, as the case may be, only the net amount of the two payments. The Portfolio’s current obligations under a swap agreement will be accrued daily (offset against any amounts owed to the Portfolio).

Uncleared swaps are typically executed bilaterally with a swap dealer rather than traded on exchanges. Parties to uncleared swaps face greater counterparty credit risk than those engaging in cleared swaps since performance of uncleared swap obligations is the responsibility only of the swap counterparty rather than a clearinghouse, as is the case with cleared swaps. As a result, the Portfolio bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default, insolvency or bankruptcy of a swap agreement counterparty beyond any collateral received. In such an event, the Portfolio will have contractual remedies pursuant to the swap agreements, but bankruptcy and insolvency laws could affect the Portfolio’s rights as a creditor. The Portfolio will enter into swap agreements only with counterparties that meet certain standards of creditworthiness as determined by the Advisor’s Investment Committee. To the extent that the Portfolio reasonably expects a swap cannot be sold or disposed of in current market conditions in seven calendar days or less without the sale or disposition significantly changing the market value of investment, the Portfolio will treat the swap as illiquid and subject to its overall limit on illiquid investments of 15% of the Portfolio’s net assets.

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and implementing rules adopted by the Commodity Futures Trading Commission (“CFTC”) currently require the clearing and exchange-trading of the most common types of credit default index swaps and interest rate swaps, and it is expected that additional categories of swaps will in the future be designated as subject to mandatory clearing and trade execution requirements. Central clearing is intended to reduce counterparty credit risk and increase liquidity, but central clearing does not eliminate these risks completely. There is also a risk of loss by the Portfolio of the initial and variation margin deposits in the event of bankruptcy of the FCM with which the Portfolio has an open position, or the central counterparty in a swap contract. The assets of the Portfolio may not be fully protected in the event of the bankruptcy of the FCM or central counterparty because the Portfolio might be limited to recovering only a pro rata share of all available funds and margin segregated on behalf of an FCM’s customers.

Futures Activities:

The Portfolio may enter into commodity, foreign currency, interest rate and commodity or securities index futures contracts and purchase and write (sell) related options traded on exchanges designated by the CFTC or, consistent with CFTC regulations, on foreign exchanges.

5. Futures Contracts: A commodity futures contract provides for the future sale by one party and the future purchase by the other party of a specified amount of a commodity, such as an energy, agricultural or metal commodity, at a specified price, date, time and place. A foreign currency futures contract provides for the future sale by one party and the future purchase by the other party of a certain amount of a specified non-U.S. currency at a specified price, date, time and place. An interest rate futures contract provides for the future sale by one party and the purchase by the other party of a certain amount of a specific interest rate sensitive financial instrument (debt security) at a specified price, date, time and place. Securities and commodities indexes are typically capitalization or production weighted, respectively. A securities index or commodities index futures contract is an agreement to be settled by delivery of an amount of cash equal to a specified multiplier times the difference between the value of the index at the close of the last trading day on the contract and the price at which the agreement is made. The clearing house of the exchange on which a futures contract is entered into becomes the counterparty to each purchaser and seller of the futures contract.

Payments, known as “variation margin,” to and from the broker, will be made daily as the currency, financial instrument or index underlying the futures contract fluctuates, making the long and short positions in the futures contract more or less valuable, a process known as “marking-to-market.” As a result of the small margin deposit that is required, a small change in the market price of a futures contract can produce major losses.

At any time prior to the expiration of a futures contract, the Portfolio may elect to close the position by taking an opposite position, which will operate to terminate the Portfolio’s existing position in the contract. Positions in futures contracts and options on futures contracts (described below) may be closed out only on the exchange on which they

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were entered into (or through a linked exchange). However, there is no assurance that an active market will exist at any particular time. Once the daily fluctuation limit has been reached in a particular contract, most futures exchanges restrict trades at a price beyond that limit or trading may be suspended for specified periods during the day. Such restrictions prevent prompt liquidation of futures positions at an advantageous price, potentially subjecting the Portfolio to substantial losses. In such event, and in the event of adverse price movements, the Portfolio would be required to make daily cash payments of variation margin. Losses incurred in futures transactions and the costs of these transactions will affect the Portfolio’s performance.

The price volatility of commodity futures contracts has been historically greater than that for traditional securities, such as stocks and bonds, and there are a variety of factors associated with commodity futures contracts which may subject the Portfolio’s investments in the contracts to greater volatility than investments in traditional securities.

6. Options on Futures Contracts: The Portfolio may purchase and write put and call options on foreign currency, interest rate and stock and commodity index futures contracts and may enter into closing transactions with respect to such options to terminate existing positions. There is no guarantee that such closing transactions can be effected; the ability to establish and close out positions on such options will be subject to the existence of a liquid market.

An option on a currency, interest rate or commodity or securities index futures contract, as contrasted with the direct investment in such a contract, gives the purchaser the right, in return for the premium paid, to assume a position in a futures contract at a specified exercise price at any time prior to the expiration date of the option. The writer of the option is required upon exercise to assume an offsetting futures position (a short position if the option is a call and a long position if the option is a put). Upon exercise of an option, the delivery of the futures position by the writer of the option to the holder of the option will be accompanied by delivery of the accumulated balance in the writer’s futures margin account, which represents the amount by which the market price of the futures contract exceeds, in the case of a call, or is less than, in the case of a put, the exercise price of the option on the futures contract. The potential loss related to the purchase of an option on a futures contract is limited to the premium paid for the option (plus transaction costs). The value of the option changes daily, and that change is reflected in the net asset value of the Portfolio.

The Portfolio may enter into options and futures transactions for several purposes, including generating current income to offset expenses or increase return, and as hedges to reduce investment risk, generally by making an investment expected to move in the opposite direction of a portfolio position. A hedge is designed to offset a loss in a portfolio position with a gain in the hedged position; at the same time, however, a properly correlated hedge will result in a gain in the portfolio position being offset by a loss in the hedged position.

The Subsidiary’s securities have been segregated as collateral for open futures contracts and open swaps contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amounts in thousands):

	Forward Currency Contracts*		Futures**		Swap Contracts***
DFA Commodity Strategy Portfolio	$	133,219	$	136,684	$	1,537,156

* Average amount of Currency Purchased/Sold in USD.

** Average Notional Value of futures contracts.

*** Average Notional Value of agreements.

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The following is a summary of the Portfolio’s derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value at April 30, 2023			Forward Currency Contracts (1)			Commodity Futures Contracts *,(2)			Swap Contracts (3)
DFA Commodity Strategy Portfolio	$	6,541		$	1,219		$	1,567		$	3,755
	Liability Derivatives Value
	Total Value at April 30, 2023			Forward Currency Contracts (4)			Commodity Futures Contracts *,(5)			Swap Contracts (6)
DFA Commodity Strategy Portfolio	$	(15,299	)	$	(350	)	$	(4,523	)	$	(10,426	)

(1) Presented on Consolidated Statement of Assets and Liabilities as Unrealized Gain on Forward Currency Contracts.

(2) Presented on Consolidated Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

(3) Presented on Consolidated Statement of Assets and Liabilities as Unrealized Gain on Swap Contracts.

(4) Presented on Consolidated Statement of Assets and Liabilities as Unrealized Loss on Forward Currency Contracts.

(5) Presented on Consolidated Statement of Assets and Liabilities as Payables: Futures Margin Variation.

(6) Presented on Consolidated Statement of Assets and Liabilities as Unrealized Loss on Swap Contracts.

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

The following is a summary of the realized and change in unrealized gains and losses from the Portfolio’s derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)			Commodity Futures Contracts (2)			Swap Contracts (3)
DFA Commodity Strategy Portfolio	$	(131,996	)	$	(4,783	)	$	(9,531	)	$	(117,682	)
	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Forward Currency Contracts (4)			Commodity Futures Contracts (5)			Swap Contracts (6)
DFA Commodity Strategy Portfolio	$	(13,704	)	$	478		$	(2,051	)	$	(12,131	)

(1) Presented on Consolidated Statement of Operations as Net Realized Gain (Loss) on: Forward Currency Contracts.

(2) Presented on Consolidated Statement of Operations as Net Realized Gain (Loss) on: Futures.

(3) Presented on Consolidated Statement of Operations as Net Realized Gain (Loss) on: Swap Contracts.

(4) Presented on Consolidated Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

(5) Presented on Consolidated Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

(6) Presented on Consolidated Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Swap Contracts.

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Offsetting of Derivative Assets and Derivative Liabilities:

In order to better define its contractual rights and to secure rights that will help the Fund mitigate its counterparty risk, the Fund entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs over-the-counter (OTC) derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Consolidated Statement of Assets and Liabilities.

The following table presents the Portfolio’s gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolio as of April 30, 2023 (amounts in thousands):

			Net Amounts of Assets Presented in the Consolidated Statement of Assets and Liabilities		Gross Amounts Not Offset in the Consolidated Statement of Assets and Liabilities											Net Amounts of Liabilities Presented in the Consolidated Statement of Assets and Liabilities		Gross Amounts Not Offset in the Consolidated Statement of Assets and Liabilities
Description	Gross Amounts of Recognized Assets (a)				Financial Instruments (b)			Non-Cash Collateral Received		Cash Collateral Received		Net Amount (c)		Gross Amounts of Recognized Liabilities (a)				Financial Instruments (d)			Non-Cash Collateral Pledged			Cash Collateral Pledged		Net Amount (e)
	Assets													Liabilities
DFA Commodity Strategy Portfolio
HSBC Bank		—		—		—			—		—		—	$	186	$	186		—			—			—	$	186
State Street Bank and Trust	$	223	$	223		—			—		—	$	223		—		—		—			—			—		—
Bank of America Corp.		—		—		—			—		—		—		1,796		1,796		—		$	(1,796	)		—		—
Citibank, N.A.		996		996	$	(996	)		—		—		—		8,794		8,794	$	(996	)		(7,798	)		—		—
UBS AG		3,755		3,755		—			—		—		3,755		—		—		—			—			—		—
Total	$	4,974	$	4,974	$	(996	)		—		—	$	3,978	$	10,776	$	10,776	$	(996	)	$	(9,594	)		—	$	186

(a) No amounts have been netted against the gross amounts recognized in the Consolidated Statement of Assets and Liabilities.

(b) Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar agreements that management elects not to offset on the Consolidated Statement of Assets and Liabilities.

(c) Represents the net amount due from counterparties in the event of default.

(d) Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar agreements that management elects not to offset on the Consolidated Statement of Assets and Liabilities.

(e) Represents the net amount due to counterparties in the event of default.

I. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. 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 $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the

117

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 agreement for the line of credit expires on April 3, 2024.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

There were no borrowings by the Portfolio under the lines of credit during the six months ended April 30, 2023.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Portfolio may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

The Portfolio did not use the interfund lending program during the six months ended April 30, 2023.

J. Securities Lending:

As of April 30, 2023, the Portfolio had securities on loan to brokers/dealers, for which the Portfolio received cash collateral. The 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 in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio’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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and 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. In the event of the bankruptcy of the borrower, the Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

118

Subject to its stated investment policies, the Portfolio will generally invest the cash collateral received for the loaned securities in 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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Portfolio 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the 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 for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of April 30, 2023
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
DFA Commodity Strategy Portfolio Bonds	$	11,653		—		—		—	$	11,653

K. 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 that 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.

L. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Portfolio’s financial statements.

M. Other:

As of April 30, 2023, the following number of shareholders held the following approximate percentages 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.

119

	Number of Shareholders	Approximate Percentage of Outstanding Shares
DFA Commodity Strategy Portfolio-Institutional Class	3		60	%

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

N. Subsequent Event Evaluations:

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

120

DIMENSIONAL INVESTMENT GROUP INC.

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 and 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” reflects 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, 2023

EXPENSE TABLE

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
U.S. Large Company Portfolio
Actual Fund Return	$	1,000.00	$	1,086.30		0.08	%	$	0.41
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.40		0.08	%	$	0.40

(1) 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.

121

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 as an exhibit to their reports on Form N-PORT. For Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional Investment Group Inc. filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A 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; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DOMESTIC EQUITY PORTFOLIO

U.S. Large Company Portfolio
Communication Services	8.3	%
Consumer Discretionary	9.9	%
Consumer Staples	7.4	%
Energy	4.7	%
Financials	13.1	%
Health Care	14.4	%
Industrials	8.5	%
Information Technology	25.7	%
Materials	2.6	%
Real Estate	2.5	%
Utilities	2.9	%
	100.0	%

122

U.S. LARGE COMPANY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (98.9%)
COMMUNICATION SERVICES — (8.2%)
*	Alphabet, Inc., Class A		1,711,067	$	183,665,932		1.8	%
*	Alphabet, Inc., Class C		1,491,659		161,427,337		1.6	%
	Comcast Corp., Class A		1,209,028		50,017,488		0.5	%
*	Meta Platforms, Inc., Class A		639,456		153,674,066		1.5	%
*	Netflix, Inc.		128,006		42,233,020		0.4	%
	Verizon Communications, Inc.		1,207,088		46,871,227		0.5	%
*	Walt Disney Co.		525,011		53,813,627		0.5	%
	Other Securities				137,113,804		1.4	%
TOTAL COMMUNICATION SERVICES					828,816,501		8.2	%
CONSUMER DISCRETIONARY — (9.8%)
*	Amazon.com, Inc.		2,561,045		270,062,195		2.7	%
	Home Depot, Inc.		292,844		88,011,336		0.9	%
	McDonald’s Corp.		210,476		62,248,277		0.6	%
	NIKE, Inc., Class B		358,024		45,368,801		0.5	%
*	Tesla, Inc.		772,681		126,959,215		1.3	%
	Other Securities				397,110,370		3.9	%
TOTAL CONSUMER DISCRETIONARY					989,760,194		9.9	%
CONSUMER STAPLES — (7.3%)
	Coca-Cola Co.		1,118,389		71,744,654		0.7	%
	Costco Wholesale Corp.		127,512		64,166,589		0.6	%
	PepsiCo, Inc.		395,751		75,544,909		0.8	%
	Philip Morris International, Inc.		445,426		44,529,237		0.4	%
	Procter & Gamble Co.		677,823		105,997,961		1.1	%
	Walmart, Inc.		402,990		60,839,400		0.6	%
	Other Securities				315,801,582		3.1	%
TOTAL CONSUMER STAPLES					738,624,332		7.3	%
ENERGY — (4.6%)
	Chevron Corp.		511,146		86,168,993		0.9	%
	Exxon Mobil Corp.		1,183,091		140,006,989		1.4	%
	Other Securities				242,851,834		2.4	%
TOTAL ENERGY					469,027,816		4.7	%
FINANCIALS — (13.0%)
	Bank of America Corp.		2,005,714		58,727,306		0.6	%
*	Berkshire Hathaway, Inc., Class B		517,611		170,061,094		1.7	%
	JPMorgan Chase & Co.		842,729		116,498,857		1.2	%
	Mastercard, Inc., Class A		242,424		92,128,393		0.9	%
#	Visa, Inc., Class A		466,870		108,654,655		1.1	%
	Wells Fargo & Co.		1,094,655		43,512,536		0.4	%
	Other Securities				721,487,907		7.2	%
TOTAL FINANCIALS					1,311,070,748		13.1	%
HEALTH CARE — (14.2%)
	Abbott Laboratories		501,069		55,353,092		0.6	%
	AbbVie, Inc.		508,149		76,791,477		0.8	%

123

U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Bristol-Myers Squibb Co.		610,737	$	40,778,910		0.4	%
	Danaher Corp.		188,379		44,628,869		0.4	%
	Eli Lilly & Co.		226,605		89,703,855		0.9	%
	Johnson & Johnson		751,154		122,963,910		1.2	%
	Merck & Co., Inc.		728,509		84,120,934		0.8	%
	Pfizer, Inc.		1,613,054		62,731,670		0.6	%
	Thermo Fisher Scientific, Inc.		112,701		62,537,785		0.6	%
	UnitedHealth Group, Inc.		268,439		132,096,148		1.3	%
	Other Securities				670,726,864		6.8	%
TOTAL HEALTH CARE					1,442,433,514		14.4	%
INDUSTRIALS — (8.4%)
	Raytheon Technologies Corp.		421,058		42,063,694		0.4	%
	Other Securities				808,662,236		8.1	%
TOTAL INDUSTRIALS					850,725,930		8.5	%
INFORMATION TECHNOLOGY — (25.5%)
	Accenture PLC, Class A		180,985		50,728,286		0.5	%
*	Adobe, Inc.		131,571		49,675,947		0.5	%
*	Advanced Micro Devices, Inc.		463,215		41,397,525		0.4	%
	Apple, Inc.		4,272,183		724,904,011		7.2	%
	Broadcom, Inc.		120,077		75,228,240		0.8	%
	Cisco Systems, Inc.		1,180,585		55,782,641		0.6	%
	Microsoft Corp.		2,138,256		657,000,539		6.5	%
	NVIDIA Corp.		706,709		196,104,680		2.0	%
	Oracle Corp.		441,376		41,807,135		0.4	%
*	Salesforce, Inc.		287,378		57,007,174		0.6	%
	Texas Instruments, Inc.		260,454		43,547,909		0.4	%
	Other Securities				583,478,305		5.8	%
TOTAL INFORMATION TECHNOLOGY					2,576,662,392		25.7	%
MATERIALS — (2.6%)
	Linde PLC		141,550		52,295,648		0.5	%
	Other Securities				207,873,155		2.1	%
TOTAL MATERIALS					260,168,803		2.6	%
REAL ESTATE — (2.5%)
	Other Securities				254,035,849		2.5	%
UTILITIES — (2.8%)
	NextEra Energy, Inc.		571,058		43,760,174		0.4	%
	Other Securities				243,854,270		2.5	%
TOTAL UTILITIES					287,614,444		2.9	%
TOTAL COMMON STOCKS (Cost $2,747,029,122)					10,008,940,523		99.8	%
TEMPORARY CASH INVESTMENTS — (0.2%)
	State Street Institutional U.S. Government Money Market Fund, 4.760%		15,407,784		15,407,784		0.2	%

124

U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (0.9%)
@§	The DFA Short Term Investment Fund		8,170,868	$	94,512,427		0.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,856,935,735)				$	10,118,860,734		100.9	%

As of April 30, 2023, U.S. Large Company Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		102		06/16/23	$	21,190,816	$	21,361,350	$	170,534
Total Futures Contracts					$	21,190,816	$	21,361,350	$	170,534

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	828,816,501		—		—	$	828,816,501
Consumer Discretionary		989,760,194		—		—		989,760,194
Consumer Staples		738,624,332		—		—		738,624,332
Energy		469,027,816		—		—		469,027,816
Financials		1,311,070,748		—		—		1,311,070,748
Health Care		1,442,226,744		—	$	206,770		1,442,433,514
Industrials		850,725,930		—		—		850,725,930
Information Technology		2,576,662,392		—		—		2,576,662,392
Materials		260,168,803		—		—		260,168,803
Real Estate		254,035,849		—		—		254,035,849
Utilities		287,614,444		—		—		287,614,444
Temporary Cash Investments		15,407,784		—		—		15,407,784
Securities Lending Collateral		—	$	94,512,427		—		94,512,427
Futures Contracts**		170,534		—		—		170,534
TOTAL	$	10,024,312,071	$	94,512,427	$	206,770^	$	10,119,031,268

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

125

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	U.S. Large Company Portfolio*
ASSETS:
Investment Securities at Value (including $156,217 of securities on loan)	$	10,008,941
Temporary Cash Investments at Value & Cost		15,408
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $94,499)		94,512
Segregated Cash for Futures Contracts		1,142
Receivables:
Investment Securities Sold		198
Dividends and Interest		8,054
Securities Lending Income		25
Fund Shares Sold		4,977
Futures Margin Variation		414
Prepaid Expenses and Other Assets		58
Total Assets		10,133,729
LIABILITIES:
Payables:
Upon Return of Securities Loaned		94,528
Fund Shares Redeemed		7,086
Due to Advisor		439
Accrued Expenses and Other Liabilities		627
Total Liabilities		102,680
NET ASSETS	$	10,031,049
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $10,031,049 and shares outstanding of 352,744,975	$	28.44
NUMBER OF SHARES AUTHORIZED		900,000,000
Investment Securities at Cost	$	2,747,029
NET ASSETS CONSIST OF:
Paid-In Capital	$	2,498,193
Total Distributable Earnings (Loss)		7,532,856
NET ASSETS	$	10,031,049

* See Note I in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	U.S. Large Company Portfolio#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $21)	$	86,262
Income from Securities Lending		155
Total Investment Income		86,417
Fund Expenses
Investment Management Fees		2,913
Accounting & Transfer Agent Fees		832
S&P 500® Fees		54
Custodian Fees		53
Filing Fees		61
Shareholders’ Reports		64
Directors’/Trustees’ Fees & Expenses		39
Professional Fees		77
Other		128
Total Fund Expenses		4,221
Fees Waived, Expenses Reimbursed by Advisor (Note C)		336
Net Expenses		3,885
Net Investment Income (Loss)		82,532
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		271,659
Affiliated Investment Companies Shares Sold		71
Futures		2,482
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		458,353
Affiliated Investment Companies Shares		21
Futures		(217	)
Net Realized and Unrealized Gain (Loss)		732,369
Net Increase (Decrease) in Net Assets Resulting from Operations	$	814,901

** Net of foreign capital gain taxes withheld of $0.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Large Company Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	82,532		$	159,827
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		271,659			492,366
Affiliated Investment Companies Shares Sold		71			(19	)
Futures		2,482			(10,134	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		458,353			(2,364,904	)
Affiliated Investment Companies Shares		21			(9	)
Futures		(217	)		36
Net Increase (Decrease) in Net Assets Resulting from Operations		814,901			(1,722,837	)
Distributions:
Institutional Class Shares		(497,114	)		(792,204	)
Capital Share Transactions (1):
Shares Issued		475,158			1,294,694
Shares Issued in Lieu of Cash Distributions		464,049			741,569
Shares Redeemed		(1,042,691	)		(2,012,336	)
Net Increase (Decrease) from Capital Share Transactions		(103,484	)		23,927
Total Increase (Decrease) in Net Assets		214,303			(2,491,114	)
Net Assets
Beginning of Period		9,816,746			12,307,860
End of Period	$	10,031,049		$	9,816,746
(1) Shares Issued and Redeemed:
Shares Issued		17,398			43,150
Shares Issued in Lieu of Cash Distributions		17,065			22,923
Shares Redeemed		(37,998	)		(65,948	)
Net Increase (Decrease) from Shares Issued and Redeemed		(3,535	)		125

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0.

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Company Portfolio
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	27.55		$	34.56		$	25.10		$	23.48		$	21.06		$	20.05
Income from Investment Operations (A)
Net Investment Income (Loss)		0.23			0.44			0.43			0.44			0.44			0.41
Net Gains (Losses) on Securities (Realized and Unrealized)		2.08			(5.21	)		10.09			1.77			2.50			1.05
Total from Investment Operations		2.31			(4.77	)		10.52			2.21			2.94			1.46
Less Distributions:
Net Investment Income		(0.20	)		(0.40	)		(0.43	)		(0.47	)		(0.39	)		(0.39	)
Net Realized Gains		(1.22	)		(1.84	)		(0.63	)		(0.12	)		(0.13	)		(0.06	)
Total Distributions		(1.42	)		(2.24	)		(1.06	)		(0.59	)		(0.52	)		(0.45	)
Net Asset Value, End of Period	$	28.44		$	27.55		$	34.56		$	25.10		$	23.48		$	21.06
Total Return		8.63	%(B)		(14.71	%)		42.87	%		9.63	%		14.29	%		7.25	%
Net Assets, End of Period (thousands)	$	10,031,049		$	9,816,746		$	12,307,860		$	9,562,761		$	9,786,391		$	8,517,069
Ratio of Expenses to Average Net Assets		0.08	%(C)		0.08	%		0.08	%		0.08	%		0.08	%		0.08	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor)		0.09	%(C)		0.09	%		0.09	%		0.09	%		0.08	%		0.08	%
Ratio of Net Investment Income to Average Net Assets		1.70	%(C)		1.46	%		1.39	%		1.83	%		2.02	%		1.90	%
Portfolio Turnover Rate		1	%(B)		2	%		4	%		3	%		3	%		5	%

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

See accompanying Notes to Financial Statements.

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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 (the “1940 Act”), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, one of which, the U.S. Large Company Portfolio (the “Portfolio”), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

Securities held by the Portfolio, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Portfolio 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 Portfolio values the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management 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”). These securities are generally categorized as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Futures contracts held by the Portfolio are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

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A summary of the inputs used to value the Portfolio’s investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings. The methodology or inputs 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 to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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.

The Directors may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The 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 Directors 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 (unless the Director files an amended Notice selecting a different distribution date).

3. Other: Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. 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 Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board of Directors, generally based on average net assets.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolio. For the six months ended April 30, 2023, the Portfolio’s investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

U.S. Large Company Portfolio 0.06 % 

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. The Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2024, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the six months ended April 30, 2023, the Portfolio had an expense limit based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the six months ended April 30, 2023, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 2023, are also reflected below (amounts in thousands). At any time that the Annualized Expense Ratio (defined below) of the Portfolio is less than the Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense

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Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Fund, on behalf of the Portfolio, is also 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 Limitation Amount			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Large Company Portfolio (1)		0.08	%		—	$	336	$	2,438

(1) The Advisor has contractually agreed to waive all or a portion of its management fee to the extent necessary to reduce the ordinary operating expenses (excluding expenses incurred through investment in other investment companies) (“Portfolio Expenses”) of the U.S. Large Company Portfolio so that the Portfolio Expenses, on an annualized basis, do not exceed the rate listed above as a percentage of the Portfolio’s average net assets (the “Annualized Expense Ratio”).

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2023, the total related amounts paid by the Fund to the CCO were $7 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

U.S. Large Company Portfolio $ 112

E. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Portfolio’s transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

	Purchases		Sales
U.S. Large Company Portfolio	$	56,866	$	513,102

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

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the Summary Schedule of Portfolio Holdings, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales		Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
U.S. Large Company Portfolio
The DFA Short Term Investment Fund	$	135,300	$	553,433	$	594,313	$	71	$	21	$	94,512		8,171	$	1,847		—
Total	$	135,300	$	553,433	$	594,313	$	71	$	21	$	94,512		8,171	$	1,847		—

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F. 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 GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of realized gains on securities considered to be “passive foreign investment companies”, net foreign currency gains/losses, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, and foreign capital gains tax reclass, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2021, and October 31, 2022, were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
U.S. Large Company Portfolio
2021	$	159,251	$	235,909		—	$	395,160
2022		147,910		644,294		—		792,204

As of October 31, 2022, 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 use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
U.S. Large Company Portfolio	$	(12,267	)	$	(25,689	)	$	(37,956	)

As of October 31, 2022, 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 Carryforwards		Unrealized Appreciation (Depreciation)		Total Net Distributable Earnings (Accumulated Losses)
U.S. Large Company Portfolio		—	$	426,910		—	$	6,788,260	$	7,215,170

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, 2022, the Portfolio did not have capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2022, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

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As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
U.S. Large Company Portfolio	$	2,872,227	$	7,431,387	$	(169,462	)	$	7,261,925

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 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 positions and has concluded that no additional 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 more likely than not 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 remain subject to examination by the Internal Revenue Service.

G. Financial Instruments:

In accordance with the Portfolio’s investment objectives and policies, the Portfolio 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:

Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Portfolio.

1. Futures Contracts: The Portfolio may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. 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 to a broker. 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 entrance 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. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

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The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amount in thousands):

	Futures*
U.S. Large Company Portfolio	$	25,282

* Average Notional Value of futures contracts.

The following is a summary of the Portfolio’s derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value at April 30, 2023		Equity Contracts *,(1)
U.S. Large Company Portfolio	$	171	$	171

(1) Presented on Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

* 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 realized and change in unrealized gains and losses from the Portfolio’s derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
U.S. Large Company Portfolio	$	2,482		$	2,482
	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
U.S. Large Company Portfolio	$	(217	)	$	(217	)

(1) Presented on Statement of Operations as Net Realized Gain (Loss) on: Futures.

(2) Presented on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

H. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. 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 $500 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 agreement for the line of credit expires on April 3, 2024.

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The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

For the six months ended April 30, 2023, borrowings by the following Portfolio under the lines 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		Outstanding Borrowings as of 04/30/2023
U.S. Large Company Portfolio		5.08	%	$	5,699		35	$	27	$	20,341		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023, that the Portfolio’s available line of credit was used.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Portfolio may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

The Portfolio did not use the interfund lending program during the six months ended April 30, 2023.

I. Securities Lending:

As of April 30, 2023, the Portfolio had securities on loan to brokers/dealers, for which the Portfolio received cash collateral. In addition, the Portfolio received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

	Non-Cash Collateral Market Value
U.S. Large Company Portfolio	$	63,734

The 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 in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio’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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned

136

securities, and 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. In the event of the bankruptcy of the borrower, the Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, the 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 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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Portfolio 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the 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 for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

		Remaining Contractual Maturity of the Agreements As of April 30, 2023
		Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions	��
U.S. Large Company Portfolio Common Stocks		$	94,528		—		—		—	$	94,528

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 that 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.

K. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Portfolio’s financial statements.

137

L. Other:

As of April 30, 2023, the following number of shareholders held the following approximate percentages of the Portfolio’s outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders	Approximate Percentage of Outstanding Shares
U.S. Large Company Portfolio-Institutional Class	4		69	%

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

M. Subsequent Event Evaluations:

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

138

THE DFA INVESTMENT TRUST COMPANY

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 and 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” reflects 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, 2023

EXPENSE TABLE

	Beginning		Ending					Expenses
	Account		Account		Annualized			Paid
	Value		Value		Expense			During
	11/01/22		04/30/23		Ratio (1)			Period (1)
The U.S. Large Cap Value Series
Actual Fund Return	$	1,000.00	$	1,026.60		0.11	%	$	0.55
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.25		0.11	%	$	0.55

(1) 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.

139

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 as an exhibit to their reports on Form N-PORT. For The DFA Investment Trust Company, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. The DFA Investment Trust Company filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A 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; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

DOMESTIC EQUITY PORTFOLIO

The U.S. Large Cap Value Series
Communication Services	9.0	%
Consumer Discretionary	5.6	%
Consumer Staples	5.0	%
Energy	15.3	%
Financials	19.9	%
Health Care	15.5	%
Industrials	12.6	%
Information Technology	7.8	%
Materials	8.6	%
Real Estate	0.4	%
Utilities	0.3	%
	100.0	%

140

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (97.6%)
COMMUNICATION SERVICES — (8.8%)
	AT&T, Inc.		18,009,033	$	318,219,613		1.2	%
	Comcast Corp., Class A		13,738,104		568,345,363		2.2	%
*	Meta Platforms, Inc., Class A		1,308,997		314,578,159		1.2	%
*	T-Mobile U.S., Inc.		1,545,488		222,395,723		0.8	%
	Verizon Communications, Inc.		11,373,951		441,650,517		1.7	%
*	Walt Disney Co.		1,947,638		199,632,895		0.8	%
	Other Securities				302,391,373		1.0	%
TOTAL COMMUNICATION SERVICES					2,367,213,643		8.9	%
CONSUMER DISCRETIONARY — (5.5%)
#	DR Horton, Inc.		2,494,501		273,946,100		1.0	%
	General Motors Co.		4,532,565		149,755,948		0.6	%
	Other Securities				1,044,925,812		4.0	%
TOTAL CONSUMER DISCRETIONARY					1,468,627,860		5.6	%
CONSUMER STAPLES — (4.9%)
	General Mills, Inc.		2,002,753		177,503,998		0.7	%
	Kroger Co.		3,346,505		162,740,538		0.6	%
	Mondelez International, Inc., Class A		2,277,202		174,706,938		0.7	%
	Other Securities				791,669,653		2.9	%
TOTAL CONSUMER STAPLES					1,306,621,127		4.9	%
ENERGY — (14.9%)
	Chevron Corp.		5,028,204		847,654,630		3.2	%
	ConocoPhillips		4,333,458		445,869,494		1.7	%
	Exxon Mobil Corp.		11,391,683		1,348,091,766		5.1	%
	Marathon Petroleum Corp.		1,358,505		165,737,610		0.6	%
	Other Securities				1,200,036,048		4.6	%
TOTAL ENERGY					4,007,389,548		15.2	%
FINANCIALS — (19.4%)
	Bank of America Corp.		10,884,314		318,692,714		1.2	%
*	Berkshire Hathaway, Inc., Class B		1,859,637		610,983,736		2.3	%
	Capital One Financial Corp.		1,612,985		156,943,440		0.6	%
	Goldman Sachs Group, Inc.		899,750		309,010,140		1.2	%
	Hartford Financial Services Group, Inc.		2,136,542		151,673,117		0.6	%
	JPMorgan Chase & Co.		6,443,887		890,802,939		3.4	%
	Morgan Stanley		3,204,841		288,339,545		1.1	%
	Travelers Cos., Inc.		964,321		174,677,106		0.7	%
	Wells Fargo & Co.		6,446,522		256,249,249		1.0	%
	Other Securities				2,038,911,346		7.6	%
TOTAL FINANCIALS					5,196,283,332		19.7	%
HEALTH CARE — (15.1%)
*	Biogen, Inc.		534,163		162,508,409		0.6	%
	Bristol-Myers Squibb Co.		2,696,576		180,050,380		0.7	%
	Cigna Group		998,289		252,856,621		1.0	%
	CVS Health Corp.		3,233,170		237,023,693		0.9	%

141

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
Danaher Corp.		998,501	$	236,554,872		0.9	%
Elevance Health, Inc.		680,876		319,092,537		1.2	%
Gilead Sciences, Inc.		2,211,205		181,783,163		0.7	%
Humana, Inc.		413,521		219,368,755		0.8	%
Laboratory Corp. of America Holdings		661,405		149,947,128		0.6	%
Medtronic PLC		2,002,037		182,085,265		0.7	%
Pfizer, Inc.		17,021,900		661,981,691		2.5	%
Thermo Fisher Scientific, Inc.		629,158		349,119,774		1.3	%
Other Securities				921,249,558		3.4	%
TOTAL HEALTH CARE				4,053,621,846		15.3	%
INDUSTRIALS — (12.3%)
Norfolk Southern Corp.		780,147		158,393,245		0.6	%
PACCAR, Inc.		2,159,359		161,282,524		0.6	%
Raytheon Technologies Corp.		1,693,410		169,171,659		0.6	%
Republic Services, Inc.		1,829,777		264,622,350		1.0	%
Other Securities				2,540,891,969		9.7	%
TOTAL INDUSTRIALS				3,294,361,747		12.5	%
INFORMATION TECHNOLOGY — (7.6%)
Analog Devices, Inc.		889,874		160,070,535		0.6	%
HP, Inc.		9,328,511		277,150,062		1.1	%
Intel Corp.		9,477,931		294,384,537		1.1	%
Micron Technology, Inc.		3,670,413		236,227,781		0.9	%
Other Securities				1,079,112,660		4.0	%
TOTAL INFORMATION TECHNOLOGY				2,046,945,575		7.7	%
MATERIALS — (8.4%)
Dow, Inc.		3,063,878		166,674,963		0.6	%
Freeport-McMoRan, Inc.		4,809,107		182,313,246		0.7	%
Linde PLC		775,637		286,559,090		1.1	%
Nucor Corp.		1,985,067		294,147,228		1.1	%
Steel Dynamics, Inc.		1,686,863		175,349,409		0.7	%
Other Securities				1,156,087,505		4.3	%
TOTAL MATERIALS				2,261,131,441		8.5	%
REAL ESTATE — (0.4%)
Other Securities				106,352,805		0.4	%
UTILITIES — (0.3%)
Other Securities				67,699,985		0.3	%
TOTAL COMMON STOCKS (Cost $15,983,542,928)				26,176,248,909		99.0	%
TEMPORARY CASH INVESTMENTS — (0.8%)
State Street Institutional U.S. Government Money Market Fund, 4.760%		216,153,325		216,153,325		0.8	%

142

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (1.6%)
@§	The DFA Short Term Investment Fund		37,590,859	$	434,813,470		1.7	%
TOTAL INVESTMENTS—(100.0%) (Cost $16,634,453,077)				$	26,827,215,704		101.5	%

As of April 30, 2023, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		970		06/16/23	$	193,535,300	$	203,142,250	$	9,606,950
Total Futures Contracts					$	193,535,300	$	203,142,250	$	9,606,950

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	2,367,213,643		—		—	$	2,367,213,643
Consumer Discretionary		1,468,627,860		—		—		1,468,627,860
Consumer Staples		1,306,621,127		—		—		1,306,621,127
Energy		4,007,389,548		—		—		4,007,389,548
Financials		5,196,283,332		—		—		5,196,283,332
Health Care		4,053,621,846		—		—		4,053,621,846
Industrials		3,294,361,747		—		—		3,294,361,747
Information Technology		2,046,945,575		—		—		2,046,945,575
Materials		2,261,131,441		—		—		2,261,131,441
Real Estate		106,352,805		—		—		106,352,805
Utilities		67,699,985		—		—		67,699,985
Temporary Cash Investments		216,153,325		—		—		216,153,325
Securities Lending Collateral		—	$	434,813,470		—		434,813,470
Futures Contracts**		9,606,950		—		—		9,606,950
TOTAL	$	26,402,009,184	$	434,813,470		—	$	26,836,822,654

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

143

THE DFA INVESTMENT TRUST COMPANY

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap Value Series*
ASSETS:
Investment Securities at Value (including $456,396 of securities on loan)	$	26,176,249
Temporary Cash Investments at Value & Cost		216,153
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $434,757)		434,813
Segregated Cash for Futures Contracts		10,864
Receivables:
Investment Securities Sold		18,597
Dividends and Interest		38,921
Securities Lending Income		56
Futures Margin Variation		1,685
Prepaid Expenses and Other Assets		43
Total Assets		26,897,381
LIABILITIES:
Payables:
Upon Return of Securities Loaned		435,107
Investment Securities Purchased		22,512
Due to Advisor		2,162
Accrued Expenses and Other Liabilities		1,094
Total Liabilities		460,875
NET ASSETS	$	26,436,506
Investment Securities at Cost	$	15,983,543

* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

144

THE DFA INVESTMENT TRUST COMPANY

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	The U.S. Large Cap Value Series#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0)	$	341,666
Income from Securities Lending.		423
Total Investment Income		342,089
Expenses
Investment Management Fees		13,379
Accounting & Transfer Agent Fees		449
Custodian Fees		135
Shareholders’ Reports		15
Directors’/Trustees’ Fees & Expenses		109
Professional Fees		158
Other		272
Total Expenses		14,517
Net Expenses		14,517
Net Investment Income (Loss)		327,572
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		688,563
Affiliated Investment Companies Shares Sold		4
Futures		(5,265	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(311,027	)
Affiliated Investment Companies Shares		195
Futures		17,273
Net Realized and Unrealized Gain (Loss)		389,743
Net Increase (Decrease) in Net Assets Resulting from Operations	$	717,315

** Net of foreign capital gain taxes withheld of $0.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

145

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Cap Value Series
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	327,572		$	616,764
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		688,563			753,310
Affiliated Investment Companies Shares Sold		4			(30	)
Futures		(5,265	)		(16,355	)
Foreign Currency Transactions		—			(2	)
In-Kind Redemptions		—			46,523
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(311,027	)		(2,352,364	)
Affiliated Investment Companies Shares		195			(147	)
Futures		17,273			(16,326	)
Net Increase (Decrease) in Net Assets Resulting from Operations		717,315			(968,627	)
Transactions in Interest:
Contributions		209,721			972,772
Withdrawals		(1,536,511	)		(2,778,807	)
Net Increase (Decrease) from Transactions in Interest		(1,326,790	)		(1,806,035	)
Total Increase (Decrease) in Net Assets		(609,475	)		(2,774,662	)
Net Assets
Beginning of Period		27,045,981			29,820,643
End of Period	$	26,436,506		$	27,045,981

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0.

See accompanying Notes to Financial Statements.

146

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The U.S. Large Cap Value Series
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Total Return		2.66	%(B)		(3.45	%)		48.85	%		(11.42	%)		7.15	%		2.95	%
Net Assets, End of Period (thousands)	$	26,436,506		$	27,045,981		$	29,820,643		$	22,154,405		$	29,929,678		$	29,242,795
Ratio of Expenses to Average Net Assets		0.11	%(C)		0.11	%		0.11	%		0.11	%		0.11	%		0.11	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed)		0.11	%(C)		0.11	%		0.11	%		0.11	%		0.11	%		0.11	%
Ratio of Net Investment Income to Average Net Assets		2.45	%(C)		2.20	%		1.92	%		2.53	%		2.50	%		2.14	%
Portfolio Turnover Rate		4	%(B)		10	%		10	%		4	%		10	%		13	%

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

See accompanying Notes to Financial Statements.

147

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 “1940 Act”). The Trust consists of ten operational portfolios, one of which, The U.S. Large Cap Value Series (the “Series”), is included in this section of the report. The remaining operational portfolios are presented in separate reports. The Series is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 Series uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

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 between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management 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). These securities are generally categorized as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Series 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. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

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Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

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

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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.

The Trustees may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The 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 Trustees of the Trust; 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 (unless the Trustee files an amended Notice selecting a different distribution date).

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 and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of received distributions 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, using the effective interest method. Expenses directly attributable to the Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Trustees, generally based on average net assets.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Series. For the six months ended April 30, 2023, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

The U.S. Large Cap Value Series 0.10 % 

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. For the six months ended April 30, 2023, the total related amounts paid by the Trust to the CCO were $15 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

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D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

The U.S. Large Cap Value Series $ 188

E. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Series’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

	Purchases		Sales
The U.S. Large Cap Value Series	$	1,112,358	$	2,092,629

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

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the Summary Schedule of Portfolio Holdings, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales		Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
The U.S. Large Cap Value Series
The DFA Short Term Investment Fund	$	521,402	$	1,961,147	$	2,047,935	$	4	$	195	$	434,813		37,591	$	8,321		—
Total	$	521,402	$	1,961,147	$	2,047,935	$	4	$	195	$	434,813		37,591	$	8,321		—

F. 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 and losses have been deemed to have been “passed down” to its partners.

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The U.S. Large Cap Value Series	$	16,609,891	$	10,874,305	$	(681,543	)	$	10,192,762

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

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ASC 740 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 Series’ tax positions and has concluded that no additional provision for income tax is required in the Series’ financial statements. The Series is not aware of any tax positions for which it is more likely than not 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.

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:

Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Series.

1. Futures Contracts: The Series may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker in an amount 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 entrance 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. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amount in thousands):

	Futures*
The U.S. Large Cap Value Series	$	190,476

* Average Notional Value of futures contracts.

The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value at April 30, 2023		Equity Contracts *,(1)
The U.S. Large Cap Value Series	$	9,607	$	9,607

(1) Presented on Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

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

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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 for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
The U.S. Large Cap Value Series	$	(5,265	)	$	(5,265	)

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total		Equity Contracts (2)
The U.S. Large Cap Value Series	$	17,273	$	17,273

(1) Presented on Statement of Operations as Net Realized Gain (Loss) on: Futures.

(2) Presented on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

H. Line of Credit and Interfund Lending Program:

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. 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 $500 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 agreement for the line of credit expires on April 3, 2024.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

There were no borrowings by the Series under the lines of credit during the six months ended April 30, 2023.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase

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agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

The Series did not use the interfund lending program during the six months ended April 30, 2023.

I. Affiliated Trades:

Cross trades for the six months ended April 30, 2023, if any, were executed by the Series pursuant to procedures adopted by the Board of Trustees of the Trust to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Trust.

For the six months ended April 30, 2023, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

Series	Purchases		Sales		Realized Gain (Loss)
The U.S. Large Cap Value Series	$	81,749	$	157,058	$	32,758

J. Securities Lending:

As of April 30, 2023, the Series had securities on loan to brokers/dealers, for which the Series received cash collateral. In addition, the Series received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

	Non-Cash Collateral Market Value
The U.S. Large Cap Value Series	$	25,692

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 in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and 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. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

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Subject to its stated investment policies, 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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of April 30, 2023
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
The U.S. Large Cap Value Series Common Stocks	$	435,107		—		—		—	$	435,107

K. 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 that 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.

L. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Series’ financial statements.

M. Other:

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Series and the Trust, individually

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or in aggregate, will not have a material adverse impact on the Series’ and the Trust’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

N. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued 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 uses in voting proxies relating to securities held in the portfolio is available (1) without charge, upon request, by calling collect: (512) 306-7400; (2) from the Advisor’s website at www.dimensional.com; and (3) on the SEC’s website at http://www.sec.gov. 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 www.dimensional.com/who-we-are/investment-stewardship and reflects the twelve-month period beginning July 1st and ending June 30th.

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STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

Each series/portfolio of DFA Investment Dimensions Group Inc., Dimensional Investment Group Inc., Dimensional Emerging Markets Value Fund, Dimensional ETF Trust and The DFA Investment Trust Company, except for The DFA Short Term Investment Fund (each, a “Fund”), has adopted and implemented a written liquidity risk management program (the “Program”) pursuant to Rule 22e-4 under the Investment Company Act of 1940 (the “Liquidity Rule”). The Program includes policies and procedures reasonably designed to assess and manage each Fund’s liquidity risk (which is defined as the “risk that a fund could not meet requests to redeem shares issued by the fund without significant dilution of remaining investors’ interests in the fund”) and to comply with the requirements of the Liquidity Rule, including with respect to: (i) assessment, management and periodic review of liquidity risk; (ii) classification of portfolio holdings; (iii) establishment of a highly liquid investment minimum (“HLIM”), as applicable; (iv) illiquid investments; and (v) redemptions in-kind.

Each Fund’s Board of Directors/Trustees (collectively, the “Board”) previously approved the designation of the Liquidity Risk Management Committee of Dimensional Fund Advisors LP, each Fund’s investment advisor, to serve as administrator of the Program (the “Program Administrator”). The Program Administrator oversees the monitoring of liquidity and liquidity risk for each Fund on an ongoing basis.

At a meeting of the Board held on March 23-24, 2023, the Program Administrator provided its annual written report (the “Report”) to the Board addressing the operation of the Program and assessing its adequacy and effectiveness of implementation and any material changes to the Program for the period from January 1, 2022 through December 31, 2022 (the “Reporting Period”).

The Program Administrator conducted an annual review of each Fund’s liquidity risk in accordance with the requirements of the Liquidity Rule, taking into account the following factors enumerated in the Liquidity Rule and identified in the Program, as applicable:

1) Each Fund’s investment strategy and liquidity of portfolio investments during both normal and reasonably foreseeable stressed conditions, including: (i) whether the Fund’s investment strategy is appropriate for an open-end fund; (ii) the extent to which the Fund’s strategy involves a relatively concentrated portfolio or large positions in particular issuers; (iii) the Fund’s use of borrowings for investment purposes; and (iv) the Fund’s use of derivatives;

2) Short-term and long-term cash flow projections during both normal and reasonably foreseeable stressed conditions;

3) Holdings of cash and cash equivalents, as well as borrowing arrangements and other funding sources; and

4) For the series of the Dimensional ETF Trust that operate as exchange-traded funds (“ETFs”), in addition to the factors above: (i) the relationship between the ETF’s portfolio liquidity and the way in which, and the prices and spreads at which, ETF shares trade, including, the efficiency of the arbitrage function and the level of active participation by market participants (including authorized participants); and (ii) the effect of the composition of baskets on the overall liquidity of the ETF’s portfolio.

Based on the information considered, which included a review of notable liquidity matters that arose during the Reporting Period, such as the impacts of sanctions regimes adopted by various government and regulatory bodies on Russian securities in response to the Russia-Ukraine conflict and extended market holidays, on the Funds’ portfolio liquidity, as applicable, the Report concluded that each of the Funds continues to have an investment strategy that is appropriate for an open-end fund, and that each of the Funds is reasonably likely to be able to meet redemption requests without significant dilution of remaining shareholders’ interests in the Fund. The Report further noted the flexibility of the Funds to draw on a line of credit and/or engage in interfund lending, as applicable.

In accordance with the Program, each Fund’s portfolio investments were classified into one of four liquidity categories as provided in the Liquidity Rule as applicable during the Reporting Period. Liquidity classification determinations take into account a variety of factors including market, trading and investment-specific considerations, as well as market depth in accordance with the requirements of the Liquidity Rule and as specified in the Program, and generally incorporate analysis from a third-party data vendor. The Report reviewed the adequacy of the vendor methodology and services provided to the Funds during the Reporting Period and noted that the liquidity model functioned as intended.

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STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

CONTINUED

Pursuant to the Liquidity Rule, no Fund may acquire any illiquid investment if, after the acquisition, the Fund would have invested more than 15% of its assets in illiquid investments that are assets. The Report concluded that the Program includes provisions reasonably designed to comply with the 15% limit on illiquid investments and for determining, periodically reviewing and complying with the HLIM requirements, as applicable, and that such provisions were implemented effectively during the Reporting Period.

In addition, the Report also referenced the ability of each Fund to effect in-kind redemptions to manage liquidity as needed and actual in-kind transactions pursuant to the Funds’ applicable policies and procedures effected during the Reporting Period. The Report further noted that the ETFs settle redemptions in-kind with authorized participants in the primary market.

During the Reporting Period, each of the Funds that is subject to the HLIM provisions of the Program qualified as a fund that primarily holds assets that are highly liquid investments and, therefore, no Fund was required to establish or comply with an HLIM as set forth in the Program.

On the basis of the review, the Report concluded that: (i) the Program remains reasonably designed to manage each Fund’s liquidity risk; (ii) the Program was implemented and operated effectively to achieve the goal of assessing and managing each Fund’s liquidity risk during the Reporting Period; and (iii) each Fund was able to meet requests for redemption without significant dilution of remaining investors in the Fund during the Reporting Period.

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BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

At the Board meeting held on December 19-20, 2022 (the “Meeting”), the Boards of Directors of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc., and the Board of Trustees of The DFA Investment Trust Company (together, the “Board”) considered the continuation of the investment management agreements (“Management Agreements) for each portfolio/series (collectively, the “Funds”).

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 Management Agreements. At a Board meeting held on October 31, 2022, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the “Broadridge Reports”), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and 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 Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management 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 management 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 global 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 advisory services provided by the Advisor, including administrative services. 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 Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. 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 determined, among other things, that after considering each Fund’s investment strategies and the expectations of its shareholder base, 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 Broadridge Reports. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management 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 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. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor’s unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor’s profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

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BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

CONTINUED

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 management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful 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 Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

160

DFA043023-001SD 00286338

Semi-Annual Report

Six Months Ended: April 30, 2023 (Unaudited)

DFA INVESTMENT DIMENSIONS GROUP INC. / DIMENSIONAL INVESTMENT GROUP INC. / THE DFA INVESTMENT TRUST COMPANY / DIMENSIONAL EMERGING MARKETS VALUE FUND

DFA Investment Dimensions Group Inc.

Large Cap International Portfolio

International Core Equity Portfolio

Global Small Company Portfolio

International Small Company Portfolio

Japanese Small Company Portfolio

Asia Pacific Small Company Portfolio

United Kingdom Small Company Portfolio

Continental Small Company Portfolio

DFA International Real Estate Securities Portfolio

DFA Global Real Estate Securities Portfolio

DFA International Small Cap Value Portfolio

International Vector Equity Portfolio

International High Relative Profitability Portfolio

World ex U.S. Value Portfolio

World ex U.S. Core Equity Portfolio

World ex U.S. Targeted Value Portfolio

World Core Equity Portfolio

Selectively Hedged Global Equity Portfolio

Emerging Markets Portfolio

Emerging Markets Small Cap Portfolio

Emerging Markets Value Portfolio

Emerging Markets Core Equity Portfolio

Emerging Markets Targeted Value Portfolio

Emerging Markets ex China Core Equity Portfolio

Dimensional Investment Group Inc.

DFA International Value Portfolio

The DFA Investment Trust Company

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

Dimensional Emerging Markets Value Fund

June 2023

Dear Shareholder,

Dimensional has a long history of putting financial science to work for investors around the world. We believe in the power of markets. We focus on the drivers of higher expected returns. We add value through implementation. And we’re committed to delivering an exceptional client experience to help investors pursue their goals.

We’ve been innovating on behalf of investors since 1981. We start with what clients are looking for and then determine how best to deliver flexible, low-cost, diversified strategies to meet those needs. Our ability to capture long-term premiums has led Dimensional to outperform benchmarks and peers over long periods of time and across strategies.

Whether you’re investing through mutual funds or ETFs, we believe investors can have a successful investment experience without having to outguess the market. On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.

Sincerely,
David P. Butler	Gerard O’Reilly
CO-CHIEF EXECUTIVE OFFICER	CO-CHIEF EXECUTIVE OFFICER and
	CHIEF INVESTMENT OFFICE

[THIS PAGE INTENTIONALLY LEFT BLANK]

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes		1
Disclosure of Fund Expenses		3
Disclosure of Portfolio Holdings		7
Schedules of Investments/Summary Schedules of Portfolio Holdings
Large Cap International Portfolio		9
International Core Equity Portfolio		13
Global Small Company Portfolio		18
International Small Company Portfolio		19
Japanese Small Company Portfolio		20
Asia Pacific Small Company Portfolio		21
United Kingdom Small Company Portfolio		22
Continental Small Company Portfolio		23
DFA International Real Estate Securities Portfolio		24
DFA Global Real Estate Securities Portfolio		28
DFA International Small Cap Value Portfolio		30
International Vector Equity Portfolio		34
International High Relative Profitability Portfolio		39
World ex U.S. Value Portfolio		44
World ex U.S. Core Equity Portfolio		45
World ex U.S. Targeted Value Portfolio		52
World Core Equity Portfolio		59
Selectively Hedged Global Equity Portfolio		60
Emerging Markets Portfolio		62
Emerging Markets Small Cap Portfolio		63
Emerging Markets Value Portfolio		64
Emerging Markets Core Equity Portfolio		65
Emerging Markets Targeted Value Portfolio		70
Emerging Markets ex China Core Equity Portfolio		74
Statements of Assets and Liabilities		79
Statements of Operations		85
Statements of Changes in Net Assets		91
Financial Highlights		99
Notes to Financial Statements		113
Dimensional Investment Group Inc.
Disclosure of Fund Expenses		142
Disclosure of Portfolio Holdings		144
Schedule of Investments
DFA International Value Portfolio		145
Statement of Assets and Liabilities		146
Statement of Operations		147
Statements of Changes in Net Assets		148
Financial Highlights		149
Notes to Financial Statements		151
The DFA Investment Trust Company
Disclosure of Fund Expenses		157
Disclosure of Portfolio Holdings		159
Summary Schedules of Portfolio Holdings
The DFA International Value Series		161
The Japanese Small Company Series		165
The Asia Pacific Small Company Series		168

i

TABLE OF CONTENTS

CONTINUED

	Page
The United Kingdom Small Company Series		171
The Continental Small Company Series		174
The Canadian Small Company Series		178
The Emerging Markets Series		181
The Emerging Markets Small Cap Series		186
Statements of Assets and Liabilities		191
Statements of Operations		193
Statements of Changes in Net Assets		195
Financial Highlights		198
Notes to Financial Statements		202
Dimensional Emerging Markets Value Fund
Disclosure of Fund Expenses		214
Disclosure of Portfolio Holdings		216
Summary Schedule of Portfolio Holdings
Dimensional Emerging Markets Value Fund		217
Statement of Assets and Liabilities		222
Statement of Operations		223
Statements of Changes in Net Assets		224
Financial Highlights		225
Notes to Financial Statements		226
Voting Proxies on Fund Portfolio Securities		235
Statement Regarding Liquidity Risk Management Program		236
Board Approval of Investment Management Agreements		238

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

ii

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
SA	Special Assessment
REIT	Real Estate Investment Trust
GDR	Global Depositary Receipt
AUD	Australian Dollars
CAD	Canadian Dollars
CHF	Swiss Franc
DKK	Danish Krone
EUR	Euro
GBP	British Pounds
HKD	Hong Kong Dollar
ILS	Israeli New Shekel
JPY	Japanese Yen
NOK	Norwegian Krone
SEK	Swedish Krona
SGD	Singapore Dollars
Investment Footnotes
»	Securities that have been fair value factored. 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 in
	unaffiliated issuers 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.
#	Total or Partial Securities on Loan.
†	See Note B to Financial Statements.
@	Security purchased with cash collateral received from Securities on Loan.
§	Affiliated Fund.
*	Non-Income Producing Securities.
W	Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

1

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

Financial Highlights
**	The Net Investment Income (Loss) per share and the ratio of Net Investment Income to Average Net Assets includes the current year effect of an estimation related to a one time distribution from a real estate investment trust. Net Investment Income (Loss) per share, Net Gain (Loss) per share and the ratio of Net Investment Income to Average Net Assets for the DFA Global Real Estate Securities Portfolio would have been $0.39, $2.11 and 3.39%, respectively had the current year effect of this estimation not been considered.
(A)	Computed using average shares outstanding.
(B)	Non-Annualized
(C)	Annualized
(D)	Represents the combined ratios for the respective Portfolio and its respective pro-rata share of its Master Fund(s) and/or Underlying Fund(s).
(E)	Represents the combined ratios for the respective Portfolio and its respective pro-rata share of its Master Fund(s).
(F)	Because of commencement of operations and related preliminary transaction costs, these ratios are not necessarily indicative of future ratios.
All Statements, Schedules and Notes to Financial Statements
—	Amounts designated as — are either zero, rounded to zero, or less than $500.
SEC	Securities and Exchange Commission

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 and 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” reflects 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, 2023
EXPENSE TABLES
	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Large Cap International Portfolio
Actual Fund Return	$	1,000.00	$	1,223.30		0.17	%	$	0.94
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.95		0.17	%	$	0.85
International Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,221.20		0.23	%	$	1.27
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.65		0.23	%	$	1.15

3

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Global Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,070.60		0.42	%	$	2.16
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.71		0.42	%	$	2.11
International Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,208.20		0.39	%	$	2.14
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.86		0.39	%	$	1.96
Japanese Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,198.50		0.40	%	$	2.18
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.81		0.40	%	$	2.01
Asia Pacific Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,136.90		0.41	%	$	2.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.76		0.41	%	$	2.06
United Kingdom Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,252.20		0.50	%	$	2.79
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.32		0.50	%	$	2.51
Continental Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,256.50		0.40	%	$	2.24
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.81		0.40	%	$	2.01
DFA International Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	1,124.30		0.27	%	$	1.42
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.46		0.27	%	$	1.35
DFA Global Real Estate Securities Portfolio (4)
Actual Fund Return	$	1,000.00	$	1,062.50		0.23	%	$	1.18
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.65		0.23	%	$	1.15
DFA International Small Cap Value Portfolio
Actual Fund Return	$	1,000.00	$	1,231.70		0.43	%	$	2.38
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.66		0.43	%	$	2.16
International Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,222.90		0.35	%	$	1.93
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.06		0.35	%	$	1.76
International High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	1,219.70		0.30	%	$	1.65
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.31		0.30	%	$	1.51

4

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
World ex U.S. Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,204.50		0.37	%	$	2.02
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.96		0.37	%	$	1.86
World ex U.S. Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,206.30		0.30	%	$	1.64
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.31		0.30	%	$	1.51
World ex U.S. Targeted Value Portfolio
Actual Fund Return	$	1,000.00	$	1,211.10		0.50	%	$	2.74
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.32		0.50	%	$	2.51
World Core Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,119.00		0.27	%	$	1.42
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.46		0.27	%	$	1.35
Selectively Hedged Global Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,104.60		0.31	%	$	1.62
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.26		0.31	%	$	1.56
Emerging Markets Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,172.70		0.36	%	$	1.94
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.01		0.36	%	$	1.81
Emerging Markets Small Cap Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,163.00		0.59	%	$	3.16
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.87		0.59	%	$	2.96
Emerging Markets Value Portfolio (3)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,174.10		0.69	%	$	3.72
Institutional Class Shares	$	1,000.00	$	1,175.00		0.44	%	$	2.37
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.37		0.69	%	$	3.46
Institutional Class Shares	$	1,000.00	$	1,022.61		0.44	%	$	2.21
Emerging Markets Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,182.50		0.40	%	$	2.16
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.81		0.40	%	$	2.01
Emerging Markets Targeted Value Portfolio
Actual Fund Return	$	1,000.00	$	1,163.30		0.67	%	$	3.59
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.47		0.67	%	$	3.36

5

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Emerging Markets ex China Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,120.70		0.43	%	$	2.26
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.66		0.43	%	$	2.16

(1) 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.

(2) The Portfolio is a Fund of Funds. The expenses shown reflect the direct expenses of the Fund of Funds and the Fund of Funds’ portion of the expenses of its Underlying Funds (Affiliated Investment Companies).

(3) The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the allocation of the Feeder Fund’s portion of the expenses of its Master Fund (Affiliated Investment Company).

(4) The Portfolio invests directly and indirectly through other funds. The expenses shown reflect the direct expenses of the fund and the fund’s portion of the expenses of its Master and/or Underlying Funds (Affiliated Investment Companies).

6

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 as an exhibit to their reports on Form N-PORT. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A 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; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this 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 their Disclosures of Portfolio Holdings, which are included elsewhere in the report. Refer to the Schedule of Investments/Summary Schedule of Portfolio Holdings for each of the underlying Affiliated Investment Company’s holdings, which reflect the investments by category or country.

FEEDER FUNDS

	Affiliated Investment Companies
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	%
Emerging Markets Value Portfolio		100.0	%

FUNDS OF FUNDS

	Affiliated Investment Companies
Global Small Company Portfolio		100.0	%
International Small Company Portfolio		100.0	%
World ex U.S. Value Portfolio		100.0	%
World Core Equity Portfolio		100.0	%
Selectively Hedged Global Equity Portfolio		100.0	%

7

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

INTERNATIONAL EQUITY PORTFOLIOS

Large Cap International Portfolio
Communication Services	5.2	%
Consumer Discretionary	12.1	%
Consumer Staples	9.4	%
Energy	7.3	%
Financials	17.9	%
Health Care	10.2	%
Industrials	16.3	%
Information Technology	6.6	%
Materials	10.4	%
Real Estate	1.4	%
Utilities	3.2	%
	100.0	%

International Core Equity Portfolio
Communication Services	5.2	%
Consumer Discretionary	12.9	%
Consumer Staples	7.9	%
Energy	7.5	%
Financials	16.6	%
Health Care	7.1	%
Industrials	18.6	%
Information Technology	6.7	%
Materials	12.4	%
Real Estate	2.0	%
Utilities	3.1	%
	100.0	%

DFA International Real Estate Securities
Portfolio
Real Estate	100.0	%
	100.0	%

DFA Global Real Estate Securities
Portfolio
Affiliated Investment Companies	35.7	%
Real Estate	64.3	%
	100.0	%

DFA International Small Cap Value
Portfolio
Communication Services	2.2	%
Consumer Discretionary	12.2	%
Consumer Staples	5.2	%
Energy	7.6	%
Financials	21.3	%
Health Care	2.4	%
Industrials	22.0	%
Information Technology	3.6	%
Materials	19.3	%
Real Estate	3.4	%
Utilities	0.8	%
	100.0	%

International Vector Equity Portfolio
Communication Services	4.9	%
Consumer Discretionary	12.3	%
Consumer Staples	6.5	%
Energy	7.5	%
Financials	19.1	%
Health Care	5.5	%
Industrials	19.5	%
Information Technology	6.3	%
Materials	14.0	%
Real Estate	2.4	%
Utilities	2.0	%
	100.0	%

International High Relative Profitability
Portfolio
Communication Services	7.8	%
Consumer Discretionary	16.6	%
Consumer Staples	9.3	%
Energy	9.2	%
Financials	4.2	%
Health Care	12.3	%
Industrials	17.4	%
Information Technology	10.2	%
Materials	11.1	%
Real Estate	0.3	%
Utilities	1.6	%
	100.0	%

World ex U.S. Core Equity Portfolio
Communication Services	5.5	%
Consumer Discretionary	12.4	%
Consumer Staples	7.4	%
Energy	6.7	%
Financials	16.5	%
Health Care	6.7	%
Industrials	16.1	%
Information Technology	10.4	%
Materials	12.6	%
Real Estate	2.5	%
Utilities	3.2	%
	100.0	%

World ex U.S. Targeted Value Portfolio
Communication Services	3.6	%
Consumer Discretionary	11.9	%
Consumer Staples	5.1	%
Energy	5.5	%
Financials	17.2	%
Health Care	4.4	%
Industrials	20.6	%
Information Technology	7.4	%
Materials	18.2	%
Real Estate	4.2	%
Utilities	1.9	%
	100.0	%

Emerging Markets Core Equity Portfolio
Communication Services	7.3	%
Consumer Discretionary	11.3	%
Consumer Staples	6.4	%
Energy	5.2	%
Financials	17.0	%
Health Care	4.6	%
Industrials	9.7	%
Information Technology	19.6	%
Materials	12.7	%
Real Estate	3.1	%
Utilities	3.1	%
	100.0	%

Emerging Markets Targeted Value
Portfolio
Communication Services	4.2	%
Consumer Discretionary	10.8	%
Consumer Staples	5.0	%
Energy	3.2	%
Financials	17.1	%
Health Care	6.1	%
Industrials	15.0	%
Information Technology	14.2	%
Materials	15.9	%
Real Estate	6.1	%
Utilities	2.4	%
	100.0	%

Emerging Markets ex China Core Equity
Portfolio
Communication Services	5.1	%
Consumer Discretionary	8.8	%
Consumer Staples	6.5	%
Energy	5.1	%
Financials	18.7	%
Health Care	3.9	%
Industrials	10.1	%
Information Technology	23.4	%
Materials	13.5	%
Real Estate	2.3	%
Utilities	2.6	%
	100.0	%

8

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.4%)
AUSTRALIA — (6.2%)
	BHP Group Ltd., Class DI		697,375	$	20,696,328		0.4	%
#	BHP Group Ltd., Sponsored ADR		298,208		17,606,200		0.3	%
	Commonwealth Bank of Australia		355,286		23,511,440		0.4	%
	CSL Ltd.		98,386		19,641,450		0.4	%
	Other Securities				283,917,944		4.9	%
TOTAL AUSTRALIA					365,373,362		6.4	%
AUSTRIA — (0.2%)
	Other Securities				11,744,839		0.2	%
BELGIUM — (1.0%)
	Other Securities				56,979,522		1.0	%
CANADA — (9.8%)
	Canadian Natural Resources Ltd.		352,595		21,497,717		0.4	%
	Royal Bank of Canada		218,606		21,703,283		0.4	%
	Royal Bank of Canada		206,240		20,481,694		0.4	%
	Toronto-Dominion Bank		286,785		17,387,775		0.3	%
	Other Securities				500,302,129		8.7	%
TOTAL CANADA					581,372,598		10.2	%
CHINA — (0.0%)
	Other Security				298,809		0.0	%
DENMARK — (2.7%)
	Novo Nordisk AS, Class B		461,515		76,775,028		1.4	%
	Novo Nordisk AS, Sponsored ADR		45,587		7,617,132		0.1	%
	Other Securities				72,363,478		1.3	%
TOTAL DENMARK					156,755,638		2.8	%
FINLAND — (1.1%)
	Other Securities				67,249,746		1.2	%
FRANCE — (10.1%)
	Air Liquide SA		111,890		20,127,924		0.3	%
#	Airbus SE		172,375		24,138,478		0.4	%
	BNP Paribas SA		263,532		17,027,702		0.3	%
	Hermes International		9,337		20,271,331		0.4	%
	L’Oreal SA		60,975		29,140,988		0.5	%
	LVMH Moet Hennessy Louis Vuitton SE		80,391		77,326,587		1.4	%
	Orange SA		1,534,917		19,978,349		0.3	%
	Sanofi		216,767		23,360,608		0.4	%
	Schneider Electric SE		117,513		20,493,305		0.4	%
	TotalEnergies SE		919,458		58,753,284		1.0	%
	TotalEnergies SE, Sponsored ADR		18,895		1,207,957		0.0	%
	Vinci SA		172,447		21,330,179		0.4	%
	Other Securities				265,762,727		4.7	%
TOTAL FRANCE					598,919,419		10.5	%

9

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (6.9%)
Allianz SE		112,391	$	28,222,162		0.5	%
Bayer AG		362,228		23,905,702		0.4	%
Deutsche Telekom AG		1,271,712		30,663,235		0.5	%
Mercedes-Benz Group AG		320,152		24,967,376		0.4	%
SAP SE		154,573		20,916,220		0.4	%
Siemens AG		171,082		28,199,841		0.5	%
Other Securities				252,789,331		4.5	%
TOTAL GERMANY				409,663,867		7.2	%
HONG KONG — (2.1%)
AIA Group Ltd.		3,249,000		35,372,095		0.6	%
Other Securities				89,419,796		1.6	%
TOTAL HONG KONG				124,791,891		2.2	%
IRELAND — (0.8%)
Other Securities				45,265,360		0.8	%
ISRAEL — (0.6%)
Other Securities				34,790,833		0.6	%
ITALY — (2.0%)
Other Securities				117,105,144		2.1	%
JAPAN — (19.4%)
Hitachi Ltd.		304,915		16,866,256		0.3	%
KDDI Corp.		559,200		17,457,179		0.3	%
Keyence Corp.		41,604		18,761,576		0.3	%
Sony Group Corp.		371,800		33,638,122		0.6	%
Toyota Motor Corp.		2,420,615		33,235,102		0.6	%
Other Securities				1,026,346,951		18.1	%
TOTAL JAPAN.				1,146,305,186		20.2	%
NETHERLANDS — (3.6%)
ASML Holding NV		30,871		19,590,956		0.3	%
ASML Holding NV		82,305		52,416,762		0.9	%
Other Securities				140,199,750		2.5	%
TOTAL NETHERLANDS				212,207,468		3.7	%
NEW ZEALAND — (0.3%)
Other Securities				19,072,469		0.3	%
NORWAY — (0.8%)
Other Securities				43,855,944		0.8	%
PORTUGAL — (0.2%)
Other Securities				12,868,334		0.2	%
SINGAPORE — (1.0%)
Other Securities				60,527,477		1.1	%
SPAIN — (2.1%)
Iberdrola SA		1,381,695		17,904,141		0.3	%

10

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	107,762,260		1.9	%
TOTAL SPAIN				125,666,401		2.2	%
SWEDEN — (2.6%)
Other Securities				154,447,246		2.7	%
SWITZERLAND — (7.9%)
ABB Ltd.		487,512		17,586,320		0.3	%
Cie Financiere Richemont SA, Class A		119,968		19,830,805		0.4	%
Nestle SA		702,768		90,157,798		1.6	%
Novartis AG		340,245		34,804,978		0.6	%
Novartis AG, Sponsored ADR		195,278		20,029,664		0.4	%
Roche Holding AG		7,438		2,517,030		0.0	%
Roche Holding AG		205,381		64,313,036		1.1	%
Zurich Insurance Group AG		37,235		18,057,195		0.3	%
Other Securities				199,336,875		3.5	%
TOTAL SWITZERLAND				466,633,701		8.2	%
UNITED KINGDOM — (12.8%)
AstraZeneca PLC		126,555		18,624,205		0.3	%
AstraZeneca PLC, Sponsored ADR		367,665		26,920,431		0.5	%
BP PLC, Sponsored ADR		765,146		30,820,101		0.5	%
#   Diageo PLC, Sponsored ADR		105,239		19,521,834		0.3	%
Glencore PLC		3,869,489		22,840,178		0.4	%
#   HSBC Holdings PLC, Sponsored ADR		551,216		19,871,337		0.4	%
Shell PLC		36,838		1,131,949		0.0	%
Shell PLC, ADR		1,187,857		73,623,377		1.3	%
#   Unilever PLC, Sponsored ADR		358,803		19,924,331		0.4	%
Other Securities				519,783,410		9.2	%
TOTAL UNITED KINGDOM				753,061,153		13.3	%
UNITED STATES — (0.2%)
Other Securities				10,004,300		0.2	%
TOTAL COMMON STOCKS				5,574,960,707		98.1	%
PREFERRED STOCKS — (0.4%)
GERMANY — (0.4%)
Other Securities				24,606,821		0.4	%
TOTAL INVESTMENT SECURITIES (Cost $3,951,623,177)				5,599,567,528
			Value†
SECURITIES LENDING COLLATERAL — (5.2%)
@§ The DFA Short Term Investment Fund		26,727,154		309,152,995		5.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $4,260,763,777)			$	5,908,720,523		103.9	%

11

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

As of April 30, 2023, Large Cap International Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		180		06/16/23	$	36,235,908	$	37,696,500	$	1,460,592
Total Futures Contracts					$	36,235,908	$	37,696,500	$	1,460,592

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	19,258,353	$	346,115,009		—	$	365,373,362
Austria		—		11,744,839		—		11,744,839
Belgium		655,129		56,324,393		—		56,979,522
Canada		578,665,906		2,706,692		—		581,372,598
China		—		298,809		—		298,809
Denmark		7,617,132		149,138,506		—		156,755,638
Finland		506,202		66,743,544		—		67,249,746
France		3,793,302		595,126,117		—		598,919,419
Germany		13,755,869		395,907,998		—		409,663,867
Hong Kong		—		124,791,891		—		124,791,891
Ireland		15,504,674		29,760,686		—		45,265,360
Israel		4,943,149		29,847,684		—		34,790,833
Italy		1,320,739		115,784,405		—		117,105,144
Japan		17,877,394		1,128,427,792		—		1,146,305,186
Netherlands		66,119,405		146,088,063		—		212,207,468
New Zealand		—		19,072,469		—		19,072,469
Norway		388,689		43,467,255		—		43,855,944
Portugal		—		12,868,334		—		12,868,334
Singapore		—		60,527,477		—		60,527,477
Spain		5,697,957		119,968,444		—		125,666,401
Sweden		—		154,447,246		—		154,447,246
Switzerland		53,468,660		413,165,041		—		466,633,701
United Kingdom		247,860,863		505,200,290		—		753,061,153
United States		88,435		9,915,865		—		10,004,300
Preferred Stocks
Germany		—		24,606,821		—		24,606,821
Securities Lending Collateral		—		309,152,995		—		309,152,995
Futures Contracts**		1,460,592		—		—		1,460,592
TOTAL	$	1,038,982,450	$	4,871,198,665		—	$	5,910,181,115

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

12

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.3%)
AUSTRALIA — (6.1%)
BHP Group Ltd., Class DI		4,074,214	$	120,912,378		0.4	%
#   BHP Group Ltd., Sponsored ADR		1,283,423		75,773,294		0.3	%
Commonwealth Bank of Australia		931,529		61,644,950		0.2	%
Other Securities				1,677,935,699		5.4	%
TOTAL AUSTRALIA				1,936,266,321		6.3	%
AUSTRIA — (0.5%)
Other Securities				161,691,542		0.5	%
BELGIUM — (1.2%)
Other Securities				372,328,183		1.2	%
BRAZIL — (0.0%)
Other Security				387,066		0.0	%
CANADA — (10.3%)
Bank of Montreal		902,389		81,386,464		0.3	%
Canadian Natural Resources Ltd.		1,718,893		104,800,906		0.4	%
National Bank of Canada		884,154		65,930,604		0.2	%
#   Royal Bank of Canada		732,219		72,694,968		0.3	%
Royal Bank of Canada		1,213,029		120,465,910		0.4	%
Suncor Energy, Inc.		2,892,169		90,582,733		0.3	%
Teck Resources Ltd., Class B		1,726,482		80,454,061		0.3	%
Other Securities				2,638,028,491		8.4	%
TOTAL CANADA				3,254,344,137		10.6	%
CHINA — (0.0%)
Other Securities				16,867,235		0.1	%
DENMARK — (2.5%)
Novo Nordisk AS, Class B		891,477		148,301,077		0.5	%
Novo Nordisk AS, Sponsored ADR		595,283		99,465,836		0.3	%
Other Securities				539,339,313		1.8	%
TOTAL DENMARK				787,106,226		2.6	%
FINLAND — (1.5%)
Other Securities				468,913,454		1.5	%
FRANCE — (8.3%)
Cie de Saint-Gobain		1,220,836		70,679,938		0.2	%
L’Oreal SA		167,437		80,020,987		0.3	%
LVMH Moet Hennessy Louis Vuitton SE		248,440		238,969,752		0.8	%
Orange SA		7,384,067		96,110,387		0.3	%
TotalEnergies SE		4,096,102		261,740,554		0.9	%
Vinci SA		743,118		91,917,167		0.3	%
Other Securities				1,780,096,504		5.7	%
TOTAL FRANCE				2,619,535,289		8.5	%

13

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (6.7%)
Allianz SE		418,132	$	104,995,854		0.4	%
BASF SE		1,352,506		69,957,203		0.2	%
Bayer AG		1,586,763		104,720,460		0.4	%
Deutsche Post AG		1,307,426		62,886,638		0.2	%
Deutsche Telekom AG		6,078,458		146,562,416		0.5	%
E.ON SE		5,231,935		69,206,703		0.2	%
Mercedes-Benz Group AG		1,688,994		131,717,898		0.4	%
Other Securities				1,445,470,248		4.7	%
TOTAL GERMANY				2,135,517,420		7.0	%
HONG KONG — (2.1%)
AIA Group Ltd.		11,640,800		126,734,221		0.4	%
Other Securities				542,478,415		1.8	%
TOTAL HONG KONG				669,212,636		2.2	%
IRELAND — (0.8%)
Other Securities				261,713,342		0.8	%
ISRAEL — (0.7%)
Other Securities				237,333,315		0.8	%
ITALY — (2.6%)
Eni SpA		4,317,248		65,222,469		0.2	%
#   Stellantis NV		6,454,309		107,054,857		0.4	%
Other Securities				657,342,694		2.1	%
TOTAL ITALY.				829,620,020		2.7	%
JAPAN — (20.5%)
Hitachi Ltd.		1,274,185		70,481,052		0.3	%
KDDI Corp.		2,362,200		73,743,469		0.3	%
Sony Group Corp.		1,141,000		103,230,492		0.4	%
Toyota Motor Corp.		7,546,470		103,613,213		0.4	%
Other Securities				6,144,624,847		19.8	%
TOTAL JAPAN.				6,495,693,073		21.2	%
NETHERLANDS — (3.0%)
#   ASML Holding NV		127,591		80,970,826		0.3	%
ASML Holding NV		182,526		116,243,508		0.4	%
Koninklijke Ahold Delhaize NV		2,259,011		77,675,296		0.3	%
Other Securities				682,271,058		2.1	%
TOTAL NETHERLANDS				957,160,688		3.1	%
NEW ZEALAND — (0.3%)
Other Securities				103,275,095		0.3	%
NORWAY — (0.8%)
Other Securities.				256,355,028		0.8	%
PORTUGAL — (0.3%)
Other Securities				90,399,702		0.3	%

14

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SINGAPORE — (1.0%)
Other Securities			$	302,725,724		1.0	%
SPAIN — (2.2%)
Repsol SA		4,909,248		72,115,382		0.3	%
Telefonica SA		15,552,229		70,641,164		0.2	%
Other Securities				554,996,889		1.8	%
TOTAL SPAIN				697,753,435		2.3	%
SWEDEN — (2.7%)
Volvo AB, Class B		2,990,796		61,492,861		0.2	%
Other Securities				792,447,373		2.6	%
TOTAL SWEDEN				853,940,234		2.8	%
SWITZERLAND — (7.7%)
Nestle SA		2,387,647		306,310,185		1.0	%
Novartis AG, Sponsored ADR		1,541,707		158,132,887		0.5	%
Roche Holding AG		634,350		198,640,451		0.7	%
Swisscom AG		101,477		69,669,075		0.2	%
Other Securities				1,708,398,994		5.6	%
TOTAL SWITZERLAND				2,441,151,592		8.0	%
UNITED KINGDOM — (12.4%)
Anglo American PLC		2,478,239		76,364,867		0.3	%
AstraZeneca PLC, Sponsored ADR		925,214		67,744,169		0.2	%
BP PLC		11,071,577		74,279,148		0.3	%
BP PLC, Sponsored ADR		3,594,991		144,806,237		0.5	%
Glencore PLC		17,549,994		103,591,203		0.3	%
#   HSBC Holdings PLC, Sponsored ADR		3,036,261		109,457,209		0.4	%
#   Rio Tinto PLC, Sponsored ADR		1,132,747		72,484,481		0.2	%
Shell PLC		1,488,020		45,724,109		0.2	%
Shell PLC, ADR		4,640,369		287,610,071		0.9	%
Other Securities				2,961,990,661		9.6	%
TOTAL UNITED KINGDOM				3,944,052,155		12.9	%
UNITED STATES — (0.1%)
Other Securities				47,876,764		0.2	%
TOTAL COMMON STOCKS				29,941,219,676		97.7	%
PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
Other Securities				149,855,503		0.5	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities				686		0.0	%
FRANCE — (0.0%)
Other Security				148,597		0.0	%
HONG KONG — (0.0%)
Other Security				185		0.0	%

15

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SINGAPORE — (0.0%)
Other Securities			$	6,931		0.0	%
SPAIN — (0.0%)
Other Securities				234,529		0.0	%
TOTAL RIGHTS/WARRANTS				390,928		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $24,623,655,810)				30,091,466,107
			Value†
SECURITIES LENDING COLLATERAL — (5.2%)
@§ The DFA Short Term Investment Fund		142,473,866		1,647,995,204		5.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $26,271,569,932)			$	31,739,461,311		103.6	%

As of April 30, 2023, International Core Equity Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		1,272		06/16/23		$253,790,660		$266,388,600		$12,597,940
Total Futures Contracts						$253,790,660		$266,388,600		$12,597,940

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	96,792,691	$	1,839,470,343	$	3,287	$	1,936,266,321
Austria		—		161,691,542		—		161,691,542
Belgium		11,218,322		361,109,861		—		372,328,183
Brazil		387,066		—		—		387,066
Canada		3,244,182,285		10,161,852		—		3,254,344,137
China		13,226,536		3,640,699		—		16,867,235
Denmark		99,465,836		687,640,390		—		787,106,226
Finland		10,501,175		458,412,279		—		468,913,454
France		32,096,978		2,587,438,311		—		2,619,535,289
Germany		41,473,751		2,094,043,669		—		2,135,517,420
Hong Kong		754,946		668,312,851		144,839		669,212,636
Ireland		59,295,567		202,417,775		—		261,713,342
Israel		24,139,907		213,193,408		—		237,333,315
Italy		8,284,541		821,335,479		—		829,620,020
Japan		107,697,992		6,387,995,081		—		6,495,693,073
Netherlands		182,918,914		774,241,774		—		957,160,688
New Zealand		277,931		102,997,164		—		103,275,095
Norway		1,696,728		254,658,300		—		256,355,028
Portugal		407,921		89,991,781		—		90,399,702

16

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Singapore	$	7,681	$	302,337,686	$	380,357	$	302,725,724
Spain		13,361,433		684,392,002		—		697,753,435
Sweden		228,811		853,711,423		—		853,940,234
Switzerland		246,327,529		2,194,824,063		—		2,441,151,592
United Kingdom		906,290,138		3,037,761,818		199		3,944,052,155
United States		8,607,059		39,269,705		—		47,876,764
Preferred Stocks
Germany		—		149,855,503		—		149,855,503
Rights/Warrants
Australia		—		686		—		686
France		—		148,597		—		148,597
Hong Kong		—		185		—		185
Singapore		—		6,931		—		6,931
Spain		—		234,529		—		234,529
Securities Lending Collateral		—		1,647,995,204		—		1,647,995,204
Futures Contracts**		12,597,940		—		—		12,597,940
TOTAL	$	5,122,239,678	$	26,629,290,891	$	528,682^	$	31,752,059,251

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

17

GLOBAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Small Cap Portfolio of DFA Investment Dimensions Group Inc.		1,295,440	$	50,483,280
Investment in The Continental Small Company Series of The DFA Investment Trust Company				11,116,625
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company				10,723,023
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				6,426,855
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				3,452,741
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				3,242,248
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				2,718,298
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $81,286,256)			$	88,163,070

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	88,163,070		—		—	$	88,163,070
TOTAL	$	88,163,070		—		—	$	88,163,070

See accompanying Notes to Financial Statements.

18

INTERNATIONAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

			Value†
AFFILIATED INVESTMENT COMPANIES —   (99.1%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company			$	4,488,258,221
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				2,621,587,997
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				1,369,116,078
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				1,247,608,396
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				1,067,592,165
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES			$	10,794,162,857
	Shares
TEMPORARY CASH INVESTMENTS — (0.9%)
State Street Institutional U.S. Government Money Market Fund, 4.760% (Cost $97,013,421)		97,013,421		97,013,421
TOTAL INVESTMENTS — (100.0%) (Cost $9,932,714,725)			$	10,891,176,278

As of April 30, 2023, International Small Company Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		465		06/16/23	$	93,106,465	$	97,382,625	$	4,276,160
Total Futures Contracts					$	93,106,465	$	97,382,625	$	4,276,160

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	10,794,162,857		—		—	$	10,794,162,857
Temporary Cash Investments		97,013,421		—		—		97,013,421
Futures Contracts**		4,276,160		—		—		4,276,160
TOTAL	$	10,895,452,438		—		—	$	10,895,452,438

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

19

JAPANESE SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Japanese Small Company Series of The DFA Investment Trust Company	$	247,275,230
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	247,275,230

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

20

ASIA PACIFIC SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company	$	222,330,721
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	222,330,721

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

21

UNITED KINGDOM SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company	$	22,402,128
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	22,402,128

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

22

CONTINENTAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	764,082,850
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	764,082,850

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

23

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (96.0%)
AUSTRALIA — (19.5%)
Charter Hall Group		5,341,108	$	39,737,031		0.9	%
#   Dexus		12,198,885		63,226,639		1.3	%
Goodman Group		19,150,708		246,883,846		5.3	%
GPT Group		21,548,919		63,365,066		1.4	%
Mirvac Group		44,317,742		71,148,841		1.5	%
Scentre Group		58,189,728		111,671,594		2.4	%
Stockland		26,974,468		79,962,449		1.7	%
Vicinity Ltd.		43,444,382		60,733,921		1.3	%
Other Securities				206,857,786		4.3	%
TOTAL AUSTRALIA				943,587,173		20.1	%
BELGIUM — (3.5%)
#   Aedifica SA		435,586		36,385,319		0.8	%
#   Cofinimmo SA		340,987		32,576,075		0.7	%
Warehouses De Pauw CVA		1,771,234		52,962,868		1.1	%
Other Securities				46,433,442		1.0	%
TOTAL BELGIUM				168,357,704		3.6	%
CANADA — (5.0%)
Canadian Apartment Properties REIT		896,589		32,843,276		0.7	%
Other Securities				207,212,559		4.4	%
TOTAL CANADA				240,055,835		5.1	%
CHINA — (0.2%)
Other Securities				8,071,233		0.2	%
FRANCE — (5.2%)
#   Covivio SA		530,963		30,190,015		0.6	%
Gecina SA		499,004		55,550,434		1.2	%
Klepierre SA		2,221,528		56,271,560		1.2	%
#*   Unibail-Rodamco-Westfield		1,101,160		59,050,814		1.3	%
Other Securities				49,117,974		1.0	%
TOTAL FRANCE				250,180,797		5.3	%
GERMANY — (0.2%)
Other Security				8,590,072		0.2	%
HONG KONG — (4.6%)
Link REIT		28,366,921		185,544,801		4.0	%
Other Securities				34,771,044		0.7	%
TOTAL HONG KONG				220,315,845		4.7	%
IRELAND — (0.1%)
Other Security				6,213,780		0.1	%
ITALY — (0.0%)
Other Security				2,293,010		0.0	%

24

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
JAPAN — (24.3%)
Advance Residence Investment Corp.		14,980	$	38,867,145		0.8	%
Daiwa House REIT Investment Corp.		24,954		53,093,835		1.1	%
GLP J-Reit		49,871		56,981,353		1.2	%
Industrial & Infrastructure Fund Investment Corp.		22,171		25,408,332		0.5	%
Invincible Investment Corp.		66,150		28,560,756		0.6	%
Japan Hotel REIT Investment Corp.		50,504		28,534,411		0.6	%
Japan Metropolitan Fund Invest		78,891		57,765,207		1.2	%
Japan Real Estate Investment Corp.		13,937		55,223,951		1.2	%
Nippon Accommodations Fund, Inc.		5,584		27,143,933		0.6	%
Nippon Building Fund, Inc.		17,250		72,332,978		1.5	%
Nippon Prologis REIT, Inc.		24,742		56,364,051		1.2	%
Nomura Real Estate Master Fund, Inc.		46,823		54,787,864		1.2	%
Orix JREIT, Inc.		29,613		38,280,477		0.8	%
#   Sekisui House Reit, Inc.		46,891		26,579,424		0.6	%
United Urban Investment Corp.		33,288		36,960,302		0.8	%
Other Securities				517,548,538		11.1	%
TOTAL JAPAN				1,174,432,557		25.0	%
MALAYSIA — (0.5%)
Other Securities				24,055,792		0.5	%
MEXICO — (2.3%)
Fibra Uno Administracion SA de CV		32,500,086		44,847,028		1.0	%
Other Securities				66,743,841		1.4	%
TOTAL MEXICO				111,590,869		2.4	%
NETHERLANDS — (1.0%)
#*   Unibail-Rodamco-Westfield, CDI		6,456,966		17,455,214		0.4	%
Other Securities				30,643,559		0.6	%
TOTAL NETHERLANDS				48,098,773		1.0	%
NEW ZEALAND — (1.3%)
Other Securities				61,403,783		1.3	%
SINGAPORE — (11.0%)
CapitaLand Ascendas REIT		37,374,980		80,428,094		1.7	%
CapitaLand Integrated Commercial Trust		58,564,311		89,424,085		1.9	%
Frasers Logistics & Commercial Trust		32,631,133		33,118,613		0.7	%
Mapletree Industrial Trust		22,697,458		40,574,366		0.9	%
Mapletree Logistics Trust		37,649,347		49,270,520		1.1	%
Mapletree Pan Asia Commercial Trust		26,050,406		34,507,637		0.7	%
Suntec Real Estate Investment Trust		25,391,100		25,738,547		0.5	%
Other Securities				177,625,858		3.8	%
TOTAL SINGAPORE				530,687,720		11.3	%
SOUTH AFRICA — (1.7%)
Other Securities				79,641,292		1.7	%
SOUTH KOREA — (0.2%)
Other Securities				11,182,859		0.2	%
SPAIN — (1.2%)
Merlin Properties Socimi SA		3,694,410		32,665,235		0.7	%

25

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	26,164,705		0.6	%
TOTAL SPAIN				58,829,940		1.3	%
TAIWAN — (0.3%)
Other Securities				14,665,036		0.3	%
TURKEY — (0.3%)
Other Securities				16,810,923		0.4	%
UNITED KINGDOM — (13.6%)
Big Yellow Group PLC		2,059,150		31,696,319		0.7	%
British Land Co. PLC		10,134,704		51,061,075		1.1	%
Derwent London PLC		1,160,255		35,028,179		0.7	%
Land Securities Group PLC		8,116,674		68,876,710		1.5	%
LondonMetric Property PLC		10,811,437		26,220,428		0.6	%
Safestore Holdings PLC		2,506,000		31,238,109		0.7	%
Segro PLC		13,665,831		143,872,841		3.1	%
Tritax Big Box REIT PLC		21,441,201		41,890,861		0.9	%
UNITE Group PLC		3,838,072		46,311,236		1.0	%
Other Securities				181,926,173		3.7	%
TOTAL UNITED KINGDOM				658,121,931		14.0	%
TOTAL COMMON STOCKS (Cost $4,971,349,035)				4,637,186,924		98.7	%
			Value†
SECURITIES LENDING COLLATERAL — (4.0%)
@§ The DFA Short Term Investment Fund		16,705,651		193,234,263		4.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $5,164,557,245)			$	4,830,421,187		102.8	%

As of April 30, 2023, DFA International Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		144		06/16/23	$	29,731,018	$	30,157,200	$	426,182
Total Futures Contracts					$	29,731,018	$	30,157,200	$	426,182

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	324,990	$	943,262,183		—	$	943,587,173
Belgium		—		168,357,704		—		168,357,704
Canada		240,055,835		—		—		240,055,835

26

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
China		—	$	8,071,233		—	$	8,071,233
France		—		250,180,797		—		250,180,797
Germany		—		8,590,072		—		8,590,072
Hong Kong		—		220,315,845		—		220,315,845
Ireland		—		6,213,780		—		6,213,780
Italy		—		2,293,010		—		2,293,010
Japan		—		1,174,432,557		—		1,174,432,557
Malaysia		—		24,055,792		—		24,055,792
Mexico	$	111,590,869		—		—		111,590,869
Netherlands		—		48,098,773		—		48,098,773
New Zealand		—		61,403,783		—		61,403,783
Singapore		—		530,687,720		—		530,687,720
South Africa		—		79,641,292		—		79,641,292
South Korea		—		11,182,859		—		11,182,859
Spain		—		58,829,940		—		58,829,940
Taiwan		—		14,665,036		—		14,665,036
Turkey		—		16,810,923		—		16,810,923
United Kingdom		—		658,121,931		—		658,121,931
Securities Lending Collateral		—		193,234,263		—		193,234,263
Futures Contracts**		426,182		—		—		426,182
TOTAL	$	352,397,876	$	4,478,449,493		—	$	4,830,847,369

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

27

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (63.0%)
UNITED STATES — (63.0%)
Agree Realty Corp.		388,869	$	26,439,203		0.3	%
Alexandria Real Estate Equities, Inc.		682,331		84,731,864		1.1	%
American Homes 4 Rent, Class A		1,444,464		48,042,886		0.6	%
American Tower Corp.		2,025,334		413,958,016		5.2	%
Americold Realty Trust, Inc.		1,048,256		31,017,895		0.4	%
Apartment Income REIT Corp.		705,929		26,105,256		0.3	%
AvalonBay Communities, Inc.		606,180		109,336,687		1.4	%
Boston Properties, Inc.		638,913		34,092,398		0.4	%
Brixmor Property Group, Inc.		1,383,499		29,510,034		0.4	%
Camden Property Trust		447,254		49,220,303		0.6	%
Crown Castle, Inc.		1,919,358		236,253,776		3.0	%
CubeSmart		994,485		45,239,123		0.6	%
Digital Realty Trust, Inc.		1,294,053		128,305,335		1.6	%
EastGroup Properties, Inc.		192,511		32,064,632		0.4	%
Equinix, Inc.		406,569		294,388,482		3.7	%
Equity LifeStyle Properties, Inc.		768,573		52,954,680		0.7	%
Equity Residential		1,594,019		100,821,702		1.3	%
Essex Property Trust, Inc.		278,559		61,207,769		0.8	%
#   Extra Space Storage, Inc.		598,237		90,955,953		1.1	%
Federal Realty Investment Trust		340,631		33,685,000		0.4	%
First Industrial Realty Trust, Inc.		590,328		30,974,510		0.4	%
Gaming & Leisure Properties, Inc.		1,162,719		60,461,388		0.8	%
Healthcare Realty Trust, Inc., Class A		1,770,994		35,030,261		0.4	%
Healthpeak Properties, Inc.		2,431,366		53,417,111		0.7	%
Host Hotels & Resorts, Inc.		3,072,957		49,689,715		0.6	%
Invitation Homes, Inc.		2,726,922		90,997,382		1.1	%
Iron Mountain, Inc.		1,291,525		71,343,841		0.9	%
Kimco Realty Corp.		2,762,282		53,008,198		0.7	%
Lamar Advertising Co., Class A		387,459		40,946,667		0.5	%
Life Storage, Inc.		375,293		50,431,806		0.6	%
#   Medical Properties Trust, Inc.		2,806,625		24,614,101		0.3	%
Mid-America Apartment Communities, Inc.		517,532		79,596,348		1.0	%
National Retail Properties, Inc.		810,141		35,241,133		0.4	%
#   Omega Healthcare Investors, Inc.		1,092,658		29,239,533		0.4	%
Prologis, Inc.		4,075,996		510,518,462		6.4	%
Public Storage		699,382		206,198,795		2.6	%
Realty Income Corp.		2,680,428		168,438,078		2.1	%
Regency Centers Corp.		688,316		42,283,227		0.5	%
Rexford Industrial Realty, Inc.		843,983		47,068,932		0.6	%
SBA Communications Corp.		479,953		125,214,938		1.6	%
Simon Property Group, Inc.		1,451,472		164,480,807		2.1	%
STAG Industrial, Inc.		772,681		26,170,705		0.3	%
Sun Communities, Inc.		535,677		74,421,606		0.9	%
UDR, Inc.		1,474,492		60,940,754		0.8	%
Ventas, Inc.		1,737,571		83,490,304		1.0	%
VICI Properties, Inc.		4,369,899		148,314,356		1.9	%
Welltower, Inc.		2,137,363		169,321,897		2.1	%
WP Carey, Inc.		907,152		67,310,678		0.8	%

28

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
UNITED STATES — (Continued)
Other Securities.			$	604,655,853		7.4	%
TOTAL UNITED STATES.				5,132,152,380		64.2	%
TOTAL COMMON STOCKS				5,132,152,380		64.2	%
			Value†
AFFILIATED INVESTMENT COMPANIES — (35.0%)
DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		737,252,785		2,801,560,582		35.1	%
DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		1,282,729		47,909,950		0.6	%
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES				2,849,470,532		35.7	%
TOTAL INVESTMENT SECURITIES (Cost $8,047,635,845)				7,981,622,912
SECURITIES LENDING COLLATERAL — (2.0%)
@§ The DFA Short Term Investment Fund		14,331,867		165,776,705		2.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $8,213,383,304)			$	8,147,399,617		102.0	%

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
United States	$	5,132,152,380		—		—	$	5,132,152,380
Affiliated Investment Companies		2,849,470,532		—		—		2,849,470,532
Securities Lending Collateral		—	$	165,776,705		—		165,776,705
TOTAL	$	7,981,622,912	$	165,776,705		—	$	8,147,399,617

See accompanying Notes to Financial Statements.

29

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (96.8%)
AUSTRALIA — (5.8%)
Other Securities			$	658,930,980		5.9	%
AUSTRIA — (0.7%)
Other Securities				76,922,100		0.7	%
BELGIUM — (1.6%)
Ackermans & van Haaren NV		278,162		48,927,393		0.4	%
Bekaert SA		847,612		39,459,807		0.4	%
Euronav NV		2,417,622		41,415,834		0.4	%
Other Securities				53,929,822		0.4	%
TOTAL BELGIUM				183,732,856		1.6	%
CANADA — (12.3%)
Alamos Gold, Inc., Class A		7,443,812		96,203,379		0.9	%
B2Gold Corp		11,656,607		45,927,032		0.4	%
Crescent Point Energy Corp.		6,229,675		46,072,512		0.4	%
#   Home Capital Group, Inc.		1,308,749		42,068,140		0.4	%
Linamar Corp.		965,007		45,869,617		0.4	%
*   MEG Energy Corp.		4,540,351		75,602,700		0.7	%
Other Securities				1,038,261,526		9.3	%
TOTAL CANADA				1,390,004,906		12.5	%
CHINA — (0.2%)
Other Securities				17,343,570		0.2	%
DENMARK — (3.3%)
*   Jyske Bank AS		1,132,114		82,773,241		0.7	%
Sydbank AS		1,480,098		66,033,587		0.6	%
Other Securities				226,092,688		2.1	%
TOTAL DENMARK				374,899,516		3.4	%
FINLAND — (2.1%)
Cargotec Oyj, Class B		933,302		51,573,680		0.5	%
Kemira Oyj		2,771,507		48,617,124		0.4	%
Other Securities				139,458,043		1.2	%
TOTAL FINLAND				239,648,847		2.1	%
FRANCE — (4.5%)
Elis SA		3,471,624		68,959,716		0.6	%
Rexel SA		2,650,388		61,392,540		0.6	%
SCOR SE		1,649,490		42,665,865		0.4	%
Valeo		1,884,775		36,803,358		0.3	%
Other Securities				300,064,332		2.7	%
TOTAL FRANCE				509,885,811		4.6	%
GERMANY — (5.3%)
*   Aareal Bank AG		1,090,383		37,125,295		0.3	%
Aurubis AG		569,774		53,454,635		0.5	%

30

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
K&S AG		3,131,304	$	62,456,480		0.6	%
thyssenkrupp AG		6,684,272		48,101,461		0.4	%
Other Securities				400,163,739		3.6	%
TOTAL GERMANY				601,301,610		5.4	%
HONG KONG — (2.2%)
Other Securities				242,341,727		2.2	%
IRELAND — (0.5%)
Bank of Ireland Group PLC		4,308,528		44,562,742		0.4	%
Other Securities				13,258,644		0.1	%
TOTAL IRELAND				57,821,386		0.5	%
ISRAEL — (0.8%)
Other Securities				88,220,133		0.8	%
ITALY — (4.6%)
Banca Popolare di Sondrio SPA		8,633,798		39,221,385		0.4	%
#   Banco BPM SpA		22,323,197		90,767,853		0.8	%
Buzzi Unicem SpA		1,628,332		40,489,845		0.4	%
Leonardo SpA		5,339,325		63,628,162		0.6	%
Unipol Gruppo SpA		8,629,926		48,520,740		0.4	%
Other Securities				230,829,294		2.0	%
TOTAL ITALY				513,457,279		4.6	%
JAPAN — (25.2%)
Other Securities				2,839,641,812		25.4	%
NETHERLANDS — (2.4%)
APERAM SA		1,071,181		39,716,578		0.3	%
ASR Nederland NV		1,543,908		67,905,149		0.6	%
#   SBM Offshore NV		4,336,093		61,288,990		0.5	%
W  Signify NV		1,625,614		54,289,709		0.5	%
Other Securities				47,718,775		0.5	%
TOTAL NETHERLANDS				270,919,201		2.4	%
NEW ZEALAND — (0.2%)
Other Securities				26,142,476		0.2	%
NORWAY — (1.0%)
Other Securities				111,340,790		1.0	%
PORTUGAL — (0.3%)
Other Securities				33,093,287		0.3	%
SINGAPORE — (0.7%)
Other Securities				83,120,616		0.7	%
SPAIN — (2.7%)
Banco de Sabadell SA		96,417,560		100,486,012		0.9	%
Bankinter SA		8,874,437		52,476,468		0.5	%

31

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	155,940,002		1.4	%
TOTAL SPAIN				308,902,482		2.8	%
SWEDEN — (2.4%)
Other Securities				274,043,846		2.5	%
SWITZERLAND — (6.5%)
#   Adecco Group AG		1,634,029		56,204,964		0.5	%
Allreal Holding AG		215,585		38,257,507		0.4	%
Baloise Holding AG		352,704		59,040,240		0.5	%
Helvetia Holding AG		623,560		93,279,761		0.8	%
Siegfried Holding AG		63,680		49,078,728		0.5	%
Swiss Prime Site AG		679,052		61,467,527		0.6	%
Other Securities				369,840,584		3.2	%
TOTAL SWITZERLAND				727,169,311		6.5	%
UNITED KINGDOM — (11.4%)
Balfour Beatty PLC		8,584,678		41,370,839		0.4	%
Bellway PLC		1,945,791		58,995,324		0.5	%
Centamin PLC		28,617,167		37,141,612		0.3	%
Close Brothers Group PLC		3,494,218		39,939,134		0.4	%
Grafton Group PLC		5,294,183		57,743,929		0.5	%
*   Marks & Spencer Group PLC		20,442,940		42,298,382		0.4	%
Mediclinic International PLC		6,245,108		39,145,896		0.4	%
Paragon Banking Group PLC		6,577,529		41,574,142		0.4	%
Redrow PLC		6,974,382		45,470,064		0.4	%
Travis Perkins PLC		4,008,215		48,373,777		0.4	%
Vistry Group PLC		5,254,832		51,795,866		0.5	%
Other Securities				783,523,804		6.9	%
TOTAL UNITED KINGDOM				1,287,372,769		11.5	%
UNITED STATES — (0.1%)
Other Securities				8,981,485		0.1	%
TOTAL COMMON STOCKS				10,925,238,796		97.9	%
PREFERRED STOCKS — (0.2%)
GERMANY — (0.2%)
Other Securities				15,808,170		0.1	%
RIGHTS/WARRANTS — (0.0%)
FRANCE — (0.0%)
Other Security				501,035		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $9,793,073,257)				10,941,548,001
			Value†
SECURITIES LENDING COLLATERAL — (3.0%)
@§ The DFA Short Term Investment Fund		29,660,619		343,084,375		3.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $10,136,113,013)			$	11,284,632,376		101.1	%

32

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

As of April 30, 2023, DFA International Small Cap Value Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		500		06/16/23	$	100,236,924	$	104,712,500	$	4,475,576
Total Futures Contracts					$	100,236,924	$	104,712,500	$	4,475,576

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1			Level 2			Level 3			Total
Common Stocks
Australia			—		$	658,930,980			—		$	658,930,980
Austria			—			76,922,100			—			76,922,100
Belgium			—			183,732,856			—			183,732,856
Canada		$	1,389,747,974			256,932			—			1,390,004,906
China			14,753,132			2,590,438			—			17,343,570
Denmark			—			374,899,516			—			374,899,516
Finland			—			239,648,847			—			239,648,847
France			—			509,885,811			—			509,885,811
Germany			—			601,301,610			—			601,301,610
Hong Kong			—			242,177,239		$	164,488			242,341,727
Ireland			—			57,821,386			—			57,821,386
Israel			101,983			88,118,150			—			88,220,133
Italy			—��			513,457,279			—			513,457,279
Japan			—			2,839,641,812			—			2,839,641,812
Netherlands			—			270,919,201			—			270,919,201
New Zealand			—			26,142,476			—			26,142,476
Norway			560,385			110,780,405			—			111,340,790
Portugal			—			33,093,287			—			33,093,287
Singapore			—			83,120,616			—			83,120,616
Spain			—			308,902,482			—			308,902,482
Sweden			516,684			273,527,162			—			274,043,846
Switzerland			—			727,169,311			—			727,169,311
United Kingdom			42,390			1,287,330,379			—			1,287,372,769
United States			6			8,981,479			—			8,981,485
Preferred Stocks
Germany			—			15,808,170			—			15,808,170
Rights/Warrants
France			—			501,035			—			501,035
Securities Lending Collateral			—			343,084,375			—			343,084,375
Futures Contracts**			4,475,576			—			—			4,475,576
TOTAL		$	1,410,198,130		$	9,878,745,334		$	164,488^		$	11,289,107,952

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

33

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.0%)
AUSTRALIA — (5.8%)
Other Securities			$	200,650,691		6.0	%
AUSTRIA — (0.7%)
Other Securities				22,317,349		0.7	%
BELGIUM — (1.4%)
KBC Group NV		98,635		7,051,258		0.2	%
Solvay SA		74,197		8,905,022		0.3	%
Other Securities				33,051,504		1.0	%
TOTAL BELGIUM				49,007,784		1.5	%
CANADA — (10.2%)
ARC Resources Ltd.		457,247		5,679,937		0.2	%
Bank of Montreal		71,894		6,484,120		0.2	%
Fairfax Financial Holdings Ltd.		8,072		5,640,897		0.2	%
Teck Resources Ltd., Class B		304,989		14,212,487		0.4	%
Other Securities				320,415,613		9.6	%
TOTAL CANADA				352,433,054		10.6	%
CHINA — (0.1%)
Other Securities				1,793,466		0.1	%
DENMARK — (2.5%)
Novo Nordisk AS, Class B		47,591		7,916,970		0.3	%
Other Securities				78,382,086		2.3	%
TOTAL DENMARK				86,299,056		2.6	%
FINLAND — (1.5%)
Other Securities				52,050,351		1.6	%
FRANCE — (7.7%)
#   AXA SA		180,809		5,901,639		0.2	%
BNP Paribas SA		106,510		6,881,974		0.2	%
#   Bouygues SA		199,685		7,312,313		0.2	%
Carrefour SA		319,239		6,640,365		0.2	%
Cie de Saint-Gobain		139,932		8,101,322		0.3	%
Cie Generale des Etablissements Michelin SCA		286,751		9,132,328		0.3	%
#   Engie SA		355,688		5,692,533		0.2	%
LVMH Moet Hennessy Louis Vuitton SE		6,314		6,073,318		0.2	%
Orange SA		1,286,762		16,748,385		0.5	%
Rexel SA		244,826		5,671,053		0.2	%
TotalEnergies SE		402,956		25,748,853		0.8	%
Other Securities				162,683,306		4.7	%
TOTAL FRANCE				266,587,389		8.0	%
GERMANY — (6.5%)
BASF SE		137,484		7,111,241		0.2	%
Bayer AG		103,797		6,850,216		0.2	%
Brenntag SE		76,762		6,256,458		0.2	%

34

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
*W  Covestro AG		178,472	$	7,829,646		0.3	%
Deutsche Telekom AG		252,721		6,093,552		0.2	%
HeidelbergCement AG		74,417		5,636,461		0.2	%
Mercedes-Benz Group AG		126,187		9,840,820		0.3	%
Other Securities				173,036,064		5.1	%
TOTAL GERMANY				222,654,458		6.7	%
HONG KONG — (2.0%)
Other Securities				69,755,470		2.1	%
IRELAND — (0.7%)
Bank of Ireland Group PLC		648,419		6,706,540		0.2	%
Other Securities				17,323,139		0.5	%
TOTAL IRELAND				24,029,679		0.7	%
ISRAEL — (0.8%)
Other Securities				27,104,315		0.8	%
ITALY — (2.5%)
#   Banco BPM SpA		1,560,523		6,345,208		0.2	%
Other Securities				80,225,479		2.4	%
TOTAL ITALY				86,570,687		2.6	%
JAPAN — (21.6%)
ENEOS Holdings, Inc.		2,151,970		7,655,685		0.3	%
Mitsubishi UFJ Financial Group, Inc.		1,117,000		6,991,898		0.2	%
Toyota Motor Corp.		430,090		5,905,146		0.2	%
Other Securities				725,380,564		21.8	%
TOTAL JAPAN				745,933,293		22.5	%
NETHERLANDS — (3.1%)
Aegon NV		1,327,980		6,059,208		0.2	%
ASR Nederland NV		149,446		6,573,029		0.2	%
Koninklijke Ahold Delhaize NV		335,294		11,528,966		0.3	%
Other Securities				82,588,544		2.5	%
TOTAL NETHERLANDS				106,749,747		3.2	%
NEW ZEALAND — (0.3%)
Other Securities				10,991,544		0.3	%
NORWAY — (0.8%)
Other Securities				28,661,954		0.9	%
PORTUGAL — (0.4%)
Other Securities				12,234,212		0.4	%
SINGAPORE — (1.0%)
Other Securities				35,292,501		1.1	%
SPAIN — (2.3%)
Banco Bilbao Vizcaya Argentaria SA		820,087		6,003,843		0.2	%
#   Banco Santander SA		1,654,793		5,813,415		0.2	%

35

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Repsol SA		825,552	$	12,127,112		0.4	%
Other Securities				54,089,255		1.6	%
TOTAL SPAIN				78,033,625		2.4	%
SWEDEN — (2.5%)
Other Securities				85,365,910		2.6	%
SWITZERLAND — (8.0%)
Baloise Holding AG		34,694		5,807,539		0.2	%
Cie Financiere Richemont SA, Class A		44,982		7,435,560		0.2	%
Holcim AG		86,588		5,721,104		0.2	%
Julius Baer Group Ltd.		127,245		9,117,891		0.3	%
Nestle SA		126,847		16,273,146		0.5	%
Novartis AG, Sponsored ADR		111,168		11,402,502		0.3	%
#   Swiss Life Holding AG		9,631		6,357,005		0.2	%
Swiss Re AG		66,165		6,663,074		0.2	%
Swisscom AG		16,235		11,146,146		0.3	%
Zurich Insurance Group AG		14,535		7,048,780		0.2	%
Other Securities				187,252,318		5.7	%
TOTAL SWITZERLAND				274,225,065		8.3	%
UNITED KINGDOM — (11.5%)
BP PLC		1,487,940		9,982,581		0.3	%
BT Group PLC		4,467,397		8,922,695		0.3	%
#   HSBC Holdings PLC, Sponsored ADR		320,826		11,565,777		0.4	%
Shell PLC, ADR		407,802		25,275,568		0.8	%
Other Securities.				340,656,598		10.2	%
TOTAL UNITED KINGDOM				396,403,219		12.0	%
UNITED STATES — (0.1%)
Other Securities				4,258,930		0.1	%
TOTAL COMMON STOCKS				3,239,403,749		97.8	%
PREFERRED STOCKS — (0.4%)
GERMANY — (0.4%)
Other Securities				14,029,839		0.4	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities				61		0.0	%
CANADA — (0.0%)
Other Securities				49,695		0.0	%
FRANCE — (0.0%)
Other Security				29,084		0.0	%
SINGAPORE — (0.0%)
Other Securities				476		0.0	%

36

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (0.0%)
Other Securities			$	51,145		0.0	%
TOTAL RIGHTS/WARRANTS				130,461		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $2,676,153,046)				3,253,564,049
			Value†
SECURITIES LENDING COLLATERAL — (5.6%)
@§ The DFA Short Term Investment Fund		16,761,682		193,882,372		5.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,870,032,324)			$	3,447,446,421		104.0	%

As of April 30, 2023, International Vector Equity Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		126		06/16/23	$	25,229,182	$	26,387,550	$	1,158,368
Total Futures Contracts					$	25,229,182	$	26,387,550	$	1,158,368

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	4,731,427	$	195,907,547	$	11,717	$	200,650,691
Austria		—		22,317,349		—		22,317,349
Belgium		1,075,782		47,932,002		—		49,007,784
Canada		351,338,329		1,094,725		—		352,433,054
China		1,225,209		568,257		—		1,793,466
Denmark		—		86,299,056		—		86,299,056
Finland		—		52,050,351		—		52,050,351
France		394,335		266,193,054		—		266,587,389
Germany		6,409,557		216,244,901		—		222,654,458
Hong Kong		17,152		69,701,631		36,687		69,755,470
Ireland		4,989,728		19,039,951		—		24,029,679
Israel		2,134,924		24,969,391		—		27,104,315
Italy		2,396,781		84,173,906		—		86,570,687
Japan		9,326,386		736,606,907		—		745,933,293
Netherlands		13,048,542		93,701,205		—		106,749,747
New Zealand		12,245		10,979,299		—		10,991,544
Norway		563,402		28,098,552		—		28,661,954
Portugal		—		12,234,212		—		12,234,212
Singapore		16,658		35,275,843		—		35,292,501
Spain		2,516,622		75,517,003		—		78,033,625
Sweden		40,729		85,325,181		—		85,365,910
Switzerland		24,809,839		249,415,226		—		274,225,065

37

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
United Kingdom	$	59,959,615	$	336,443,604		—	$	396,403,219
United States		1,234,569		3,024,361		—		4,258,930
Preferred Stocks
Germany		—		14,029,839		—		14,029,839
Rights/Warrants
Australia		—		61		—		61
Canada		—		49,695		—		49,695
France		—		29,084		—		29,084
Singapore		—		476		—		476
Spain		—		51,145		—		51,145
Securities Lending Collateral		—		193,882,372		—		193,882,372
Futures Contracts**		1,158,368		—		—		1,158,368
TOTAL	$	487,400,199	$	2,961,156,186	$	48,404^	$	3,448,604,789

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

38

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (90.2%)
AUSTRALIA — (6.7%)
	BHP Group Ltd., Class DI		260,623	$	7,734,632		0.4	%
	BHP Group Ltd., Class DI		242,244		7,131,550		0.4	%
#	BHP Group Ltd., Sponsored ADR		439,796		25,965,556		1.5	%
	Rio Tinto Ltd.		109,286		8,196,954		0.5	%
	Wesfarmers Ltd.		247,354		8,556,816		0.5	%
	Other Securities				69,735,562		4.1	%
TOTAL AUSTRALIA					127,321,070		7.4	%
AUSTRIA — (0.2%)
	Other Securities				3,368,965		0.2	%
BELGIUM — (0.5%)
	Other Securities				8,428,519		0.5	%
CANADA — (9.2%)
	Alimentation Couche-Tard, Inc.		184,394		9,203,028		0.5	%
	Canadian Natural Resources Ltd.		277,342		16,909,542		1.0	%
	Constellation Software, Inc.		4,441		8,692,278		0.5	%
	Suncor Energy, Inc.		311,402		9,753,111		0.6	%
	Other Securities				129,322,365		7.5	%
TOTAL CANADA					173,880,324		10.1	%
CHINA — (0.0%)
	Other Security				101,452		0.0	%
DENMARK — (3.5%)
	Novo Nordisk AS, Class B		372,329		61,938,549		3.6	%
	Other Securities				4,934,386		0.3	%
TOTAL DENMARK					66,872,935		3.9	%
FINLAND — (1.2%)
	Other Securities				21,852,765		1.3	%
FRANCE — (9.4%)
#	Airbus SE		114,996		16,103,428		0.9	%
	Hermes International		6,104		13,252,245		0.8	%
	Kering SA		19,489		12,480,107		0.7	%
#	LVMH Moet Hennessy Louis Vuitton SE		69,704		67,046,964		3.9	%
	TotalEnergies SE		540,916		34,564,484		2.0	%
	Other Securities				35,263,789		2.0	%
TOTAL FRANCE					178,711,017		10.3	%
GERMANY — (6.0%)
	Bayer AG		221,721		14,632,762		0.8	%
	Deutsche Post AG		219,519		10,558,771		0.6	%
	Deutsche Telekom AG		866,133		20,884,005		1.2	%
	E.ON SE		921,447		12,188,666		0.7	%
	Mercedes-Benz Group AG		127,975		9,980,259		0.6	%

39

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
	Other Securities			$	46,095,090		2.7	%
TOTAL GERMANY					114,339,553		6.6	%
HONG KONG — (2.1%)
	Hong Kong Exchanges & Clearing Ltd.		278,737		11,572,296		0.7	%
	Other Securities				27,130,123		1.5	%
TOTAL HONG KONG					38,702,419		2.2	%
	IRELAND — (0.5%)
	Other Securities				9,786,568		0.6	%
ISRAEL — (0.5%)
	Other Securities				8,722,090		0.5	%
ITALY — (1.7%)
	Eni SpA		673,128		10,169,226		0.6	%
#	Stellantis NV		716,336		11,881,558		0.7	%
	Other Securities				10,645,903		0.6	%
TOTAL ITALY					32,696,687		1.9	%
JAPAN — (18.6%)
	Fast Retailing Co. Ltd.		39,600		9,377,345		0.5	%
	Hitachi Ltd.		264,700		14,641,778		0.9	%
	Hoya Corp.		78,800		8,262,572		0.5	%
	KDDI Corp.		492,100		15,362,442		0.9	%
	Nintendo Co. Ltd.		265,000		11,203,503		0.7	%
	Shin-Etsu Chemical Co. Ltd.		348,500		9,944,732		0.6	%
	Sony Group Corp.		328,700		29,738,705		1.7	%
	Tokyo Electron Ltd.		99,100		11,347,494		0.7	%
	Other Securities				241,806,400		13.9	%
TOTAL JAPAN					351,684,971		20.4	%
NETHERLANDS — (3.2%)
	ASML Holding NV		25,123		15,943,367		0.9	%
	ASML Holding NV		66,262		42,199,617		2.4	%
	Other Securities				3,211,169		0.2	%
TOTAL NETHERLANDS					61,354,153		3.5	%
NEW ZEALAND — (0.3%)
	Other Securities				6,257,058		0.4	%
NORWAY — (0.7%)
	Equinor ASA		294,080		8,466,861		0.5	%
	Other Securities				4,753,541		0.3	%
TOTAL NORWAY					13,220,402		0.8	%
PORTUGAL — (0.1%)
	Other Securities				2,565,308		0.1	%
SINGAPORE — (1.0%)
	DBS Group Holdings Ltd.		386,358		9,546,888		0.6	%

40

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SINGAPORE — (Continued)
	Other Securities			$	8,412,272		0.4	%
TOTAL SINGAPORE					17,959,160		1.0	%
SPAIN — (2.0%)
	Repsol SA		593,804		8,722,803		0.5	%
	Telefonica SA		2,166,567		9,840,956		0.6	%
	Other Securities				18,518,381		1.0	%
TOTAL SPAIN					37,082,140		2.1	%
SWEDEN — (2.5%)
	Atlas Copco AB, Class A		593,536		8,584,977		0.5	%
	Volvo AB, Class B		431,676		8,875,561		0.5	%
	Other Securities				30,196,293		1.8	%
TOTAL SWEDEN					47,656,831		2.8	%
SWITZERLAND — (6.7%)
#	Roche Holding AG		8,192		2,772,185		0.2	%
	Roche Holding AG		183,630		57,501,925		3.3	%
	Sika AG		49,049		13,548,457		0.8	%
	Other Securities				53,270,073		3.0	%
TOTAL SWITZERLAND					127,092,640		7.3	%
UNITED KINGDOM — (12.9%)
	Anglo American PLC		335,117		10,326,351		0.6	%
	Ashtead Group PLC		224,550		12,946,682		0.7	%
	BP PLC		165,519		1,110,466		0.1	%
	BP PLC, Sponsored ADR		487,517		19,637,185		1.1	%
	Diageo PLC		80,730		3,682,587		0.2	%
#	Diageo PLC, Sponsored ADR		106,135		19,688,042		1.1	%
	Glencore PLC		1,388,177		8,193,901		0.5	%
	GSK PLC		1,144,717		20,642,869		1.2	%
	Imperial Brands PLC		553,895		13,711,163		0.8	%
	RELX PLC, Sponsored ADR		334,644		11,080,063		0.6	%
	Rio Tinto PLC		94,176		5,986,991		0.3	%
	Rio Tinto PLC, Sponsored ADR		251,488		16,092,717		0.9	%
	Unilever PLC		48,760		2,715,061		0.2	%
	Unilever PLC		62,170		3,462,697		0.2	%
#	Unilever PLC, Sponsored ADR		536,146		29,772,187		1.7	%
	Other Securities				65,065,364		3.9	%
TOTAL UNITED KINGDOM					244,114,326		14.1	%
UNITED STATES — (0.7%)
	Ferguson PLC		94,077		13,292,925		0.8	%
TOTAL COMMON STOCKS					1,707,064,278		98.8	%
PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
	Other Securities				9,604,300		0.6	%
TOTAL INVESTMENT SECURITIES
	(Cost $1,448,935,564)				1,716,668,578
SECURITIES LENDING COLLATERAL — (9.3%)
@§ The DFA Short Term Investment Fund			15,276,607	$	176,704,508		10.2	%
TOTAL INVESTMENTS—(100.0%)
	(Cost $1,625,616,233)			$	1,893,373,086		109.6	%

41

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

As of April 30, 2023, International High Relative Profitability Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		3		06/16/23	$	615,710	$	628,275	$	12,565
Total Futures Contracts					$	615,710	$	628,275	$	12,565

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	25,965,556	$	101,355,514		—	$	127,321,070
Austria		—		3,368,965		—		3,368,965
Belgium		—		8,428,519		—		8,428,519
Canada		173,880,324		—		—		173,880,324
China		—		101,452		—		101,452
Denmark		—		66,872,935		—		66,872,935
Finland		—		21,852,765		—		21,852,765
France		2,676,527		176,034,490		—		178,711,017
Germany		—		114,339,553		—		114,339,553
Hong Kong		—		38,702,419		—		38,702,419
Ireland		4,084,282		5,702,286		—		9,786,568
Israel		687,721		8,034,369		—		8,722,090
Italy		5,083,230		27,613,457		—		32,696,687
Japan		—		351,684,971		—		351,684,971
Netherlands		42,199,617		19,154,536		—		61,354,153
New Zealand		—		6,257,058		—		6,257,058
Norway		—		13,220,402		—		13,220,402
Portugal		—		2,565,308		—		2,565,308
Singapore		—		17,959,160		—		17,959,160
Spain		—		37,082,140		—		37,082,140
Sweden		—		47,656,831		—		47,656,831
Switzerland		—		127,092,640		—		127,092,640
United Kingdom		96,270,194		147,844,132		—		244,114,326
United States		—		13,292,925		—		13,292,925

42

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Preferred Stocks
Germany		—	$	9,604,300		—	$	9,604,300
Securities Lending Collateral		—		176,704,508		—		176,704,508
Futures Contracts**	$	12,565		—		—		12,565
TOTAL	$	350,860,016	$	1,542,525,635		—	$	1,893,385,651

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

43

WORLD EX U.S. VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company			$	156,077,880
Investment in Dimensional Emerging Markets Value Fund				76,408,631
Investment in DFA International Small Cap Value Portfolio of DFA Investment Dimensions Group Inc.		1,035,538		21,218,175
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $216,766,646)			$	253,704,686

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	253,704,686		—		—	$	253,704,686
TOTAL	$	253,704,686		—		—	$	253,704,686

See accompanying Notes to Financial Statements.

44

WORLD EX U.S. CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.8%)
AUSTRALIA — (4.2%)
	BHP Group Ltd., Class DI		352,621	$	10,464,900		0.3	%
#	BHP Group Ltd., Sponsored ADR		100,755		5,948,575		0.2	%
	Other Securities				143,104,833		3.8	%
TOTAL AUSTRALIA					159,518,308		4.3	%
AUSTRIA — (0.4%)
	Other Securities				13,359,227		0.4	%
BELGIUM — (0.8%)
	Other Securities				30,151,777		0.8	%
BRAZIL — (1.2%)
	Vale SA		522,632		7,586,221		0.2	%
	Other Securities				38,181,612		1.0	%
TOTAL BRAZIL					45,767,833		1.2	%
CANADA — (7.1%)
	Bank of Montreal		69,809		6,296,074		0.2	%
#	Canadian Natural Resources Ltd.		132,566		8,082,549		0.2	%
	Royal Bank of Canada		81,806		8,121,729		0.2	%
	Royal Bank of Canada		97,598		9,692,457		0.3	%
	Other Securities				238,523,703		6.4	%
TOTAL CANADA					270,716,512		7.3	%
CHILE — (0.1%)
	Other Securities				5,491,744		0.2	%
CHINA — (8.1%)
*	Alibaba Group Holding Ltd.		1,099,900		11,629,927		0.3	%
	China Construction Bank Corp., Class H		11,532,000		7,709,442		0.2	%
	Tencent Holdings Ltd.		442,200		19,640,804		0.6	%
	Other Securities				269,792,885		7.3	%
TOTAL CHINA					308,773,058		8.4	%
COLOMBIA — (0.0%)
	Other Securities				965,495		0.0	%
CZECH REPUBLIC — (0.0%)
	Other Securities.				1,615,466		0.0	%
DENMARK — (1.8%)
	Novo Nordisk AS, Class B		142,160		23,648,934		0.7	%
	Other Securities				44,701,264		1.2	%
TOTAL DENMARK					68,350,198		1.9	%
EGYPT — (0.0%)
	Other Securities				153,170		0.0	%

45

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
FINLAND — (1.0%)
Other Securities			$	38,031,808		1.0	%
FRANCE — (5.8%)
#      Airbus SE		43,814		6,135,480		0.2	%
#      L’Oreal SA		15,803		7,552,522		0.2	%
#      LVMH Moet Hennessy Louis Vuitton SE		21,810		20,978,628		0.6	%
Orange SA		575,945		7,496,451		0.2	%
TotalEnergies SE		355,054		22,687,919		0.6	%
#      Vinci SA		66,104		8,176,484		0.2	%
Other Securities				146,949,272		4.0	%
TOTAL FRANCE				219,976,756		6.0	%
GERMANY — (4.6%)
Allianz SE		26,533		6,662,621		0.2	%
BASF SE		113,595		5,875,603		0.2	%
Bayer AG		139,798		9,226,148		0.3	%
Deutsche Post AG		121,510		5,844,580		0.2	%
Deutsche Telekom AG		482,206		11,626,843		0.3	%
E.ON SE		514,059		6,799,841		0.2	%
Mercedes-Benz Group AG		117,589		9,170,297		0.3	%
Other Securities				119,069,964		3.0	%
TOTAL GERMANY				174,275,897		4.7	%
GREECE — (0.1%)
Other Securities				3,726,607	��	0.1	%
HONG KONG — (1.4%)
AIA Group Ltd.		833,400		9,073,285		0.3	%
Other Securities				44,836,541		1.2	%
TOTAL HONG KONG				53,909,826		1.5	%
HUNGARY — (0.1%)
Other Securities				2,216,601		0.1	%
INDIA — (4.8%)
Reliance Industries Ltd.		235,961		7,005,631		0.2	%
Other Securities				176,805,233		4.8	%
TOTAL INDIA				183,810,864		5.0	%
INDONESIA — (0.6%)
Other Securities				22,469,756		0.6	%
IRELAND — (0.6%)
CRH PLC, Sponsored ADR		154,276		7,482,386		0.2	%
Other Securities				13,817,816		0.4	%
TOTAL IRELAND				21,300,202		0.6	%
ISRAEL — (0.5%)
Other Securities				20,015,681		0.5	%
ITALY — (1.8%)
Eni SpA		388,066		5,862,675		0.2	%

46

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
ITALY — (Continued)
#      Stellantis NV		453,110	$	7,515,541		0.2	%
Other Securities				55,243,069		1.5	%
TOTAL ITALY				68,621,285		1.9	%
JAPAN — (14.1%)
Hitachi Ltd.		107,200		5,929,727		0.2	%
Sony Group Corp.		104,000		9,409,265		0.3	%
Toyota Motor Corp.		862,315		11,839,605		0.3	%
Other Securities				510,229,152		13.8	%
TOTAL JAPAN				537,407,749		14.6	%
KUWAIT — (0.0%)
Other Securities				393,944		0.0	%
MALAYSIA — (0.5%)
Other Securities				18,618,830		0.5	%
MEXICO — (0.8%)
Other Securities				29,777,539		0.8	%
NETHERLANDS — (2.1%)
ASML Holding NV		20,610		13,125,685		0.4	%
Koninklijke Ahold Delhaize NV		213,650		7,346,271		0.2	%
Wolters Kluwer NV		45,271		5,998,122		0.2	%
Other Securities				54,801,497		1.4	%
TOTAL NETHERLANDS				81,271,575		2.2	%
NEW ZEALAND — (0.2%)
Other Securities				8,750,111		0.2	%
NORWAY — (0.6%)
Other Securities				22,381,352		0.6	%
PERU — (0.0%)
Other Securities				415,248		0.0	%
PHILIPPINES — (0.2%)
Other Securities				8,991,893		0.2	%
POLAND — (0.3%)
Other Securities				10,905,828		0.3	%
PORTUGAL — (0.2%)
Other Securities				7,357,201		0.2	%
QATAR — (0.3%)
Other Securities				9,636,086		0.3	%
SAUDI ARABIA — (1.0%)
Other Securities				36,636,352		1.0	%
SINGAPORE — (0.7%)
Other Securities				25,838,961		0.7	%

47

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SOUTH AFRICA — (1.2%)
Other Securities			$	44,558,656		1.2	%
SOUTH KOREA — (3.6%)
Samsung Electronics Co. Ltd.		661,530		32,549,979		0.9	%
Other Securities				106,011,209		2.9	%
TOTAL SOUTH KOREA				138,561,188		3.8	%
SPAIN — (1.5%)
Repsol SA		395,910		5,815,799		0.2	%
Telefonica SA		1,306,498		5,934,362		0.2	%
Other Securities				46,978,251		1.2	%
TOTAL SPAIN				58,728,412		1.6	%
SWEDEN — (1.9%)
Other Securities				72,248,164		2.0	%
SWITZERLAND — (5.4%)
ABB Ltd.		163,476		5,897,170		0.2	%
Nestle SA		181,108		23,234,266		0.6	%
Novartis AG		88,289		9,031,424		0.3	%
Novartis AG, Sponsored ADR		59,410		6,093,684		0.2	%
Roche Holding AG		58,789		18,409,196		0.5	%
Other Securities				141,184,751		3.7	%
TOTAL SWITZERLAND				203,850,491		5.5	%
TAIWAN — (5.2%)
Taiwan Semiconductor Manufacturing Co. Ltd.		1,170,000		19,159,444		0.5	%
Taiwan Semiconductor Manufacturing Co. Ltd.,
Sponsored ADR		129,369		10,905,807		0.3	%
Other Securities				167,534,760		4.6	%
TOTAL TAIWAN				197,600,011		5.4	%
THAILAND — (0.7%)
Other Securities				25,344,947		0.7	%
TURKEY — (0.3%)
Other Securities				9,764,081		0.3	%
UNITED ARAB EMIRATES — (0.4%)
Other Securities				14,584,438		0.4	%
UNITED KINGDOM — (8.5%)
BP PLC, Sponsored ADR		396,055		15,953,095		0.4	%
Glencore PLC		1,482,781		8,752,314		0.3	%
#      HSBC Holdings PLC, Sponsored ADR		230,666		8,315,509		0.2	%
Rio Tinto PLC, Sponsored ADR		158,523		10,143,887		0.3	%
Shell PLC, ADR		433,805		26,887,234		0.7	%
Other Securities				254,552,055		6.9	%
TOTAL UNITED KINGDOM				324,604,094		8.8	%

48

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
UNITED STATES — (0.1%)
Other Securities			$	4,391,958		0.1	%
TOTAL COMMON STOCKS				3,605,837,180		97.9	%
MUTUAL FUNDS — (0.0%)
UNITED STATES — (0.0%)
Other Security				10,251		0.0	%
TOTAL MUTUAL FUNDS				10,251		0.0	%
PREFERRED STOCKS — (0.6%)
BRAZIL — (0.3%)
Other Securities				10,294,623		0.3	%
CHILE — (0.0%)
Other Securities				239,497		0.0	%
COLOMBIA — (0.0%)
Other Securities				96,160		0.0	%
GERMANY — (0.3%)
Other Securities				12,039,314		0.3	%
INDIA — (0.0%)
Other Security				79,809		0.0	%
PHILIPPINES — (0.0%)
Other Security				38,461		0.0	%
TOTAL PREFERRED STOCKS				22,787,864		0.6	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities				7,635		0.0	%
FRANCE — (0.0%)
Other Security				12,143		0.0	%
SINGAPORE — (0.0%)
Other Securities				709		0.0	%
SPAIN — (0.0%)
Other Securities				23,752		0.0	%
TAIWAN — (0.0%)
Other Securities				6,991		0.0	%
THAILAND — (0.0%)
Other Securities				934		0.0	%
TOTAL RIGHTS/WARRANTS				52,164		0.0	%
TOTAL INVESTMENT SECURITIES
(Cost $3,119,553,469)				3,628,687,459
SECURITIES LENDING COLLATERAL — (4.6%)
@§   The DFA Short Term Investment Fund		15,039,823	$	173,965,636		4.7	%
TOTAL INVESTMENTS—(100.0%)
(Cost $3,293,520,061)			$	3,802,653,095		103.2	%

49

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED

As of April 30, 2023, World ex U.S. Core Equity Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		165		06/16/23	$	33,050,716	$	34,555,125	$	1,504,409
Total Futures Contracts					$	33,050,716	$	34,555,125	$	1,504,409

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	7,197,019	$	152,320,043	$	1,246	$	159,518,308
Austria		—		13,359,227		—		13,359,227
Belgium		829,469		29,322,308		—		30,151,777
Brazil		45,464,578		303,255		—		45,767,833
Canada		269,937,816		778,696		—		270,716,512
Chile		1,009,981		4,481,763		—		5,491,744
China		22,421,092		285,758,935		593,031		308,773,058
Colombia		927,960		37,535		—		965,495
Czech Republic		—		1,615,466		—		1,615,466
Denmark		—		68,350,198		—		68,350,198
Egypt		71,405		81,765		—		153,170
Finland		522,078		37,509,730		—		38,031,808
France		717,761		219,258,995		—		219,976,756
Germany		1,592,414		172,683,483		—		174,275,897
Greece		26,197		3,700,410		—		3,726,607
Hong Kong		56,665		53,841,688		11,473		53,909,826
Hungary		—		2,216,601		—		2,216,601
India		3,191,437		180,500,291		119,136		183,810,864
Indonesia		238,590		22,204,067		27,099		22,469,756
Ireland		7,482,386		13,817,816		—		21,300,202
Israel		2,468,295		17,547,386		—		20,015,681
Italy		368,912		68,252,373		—		68,621,285
Japan		1,861,802		535,545,947		—		537,407,749
Kuwait		274,385		119,559		—		393,944
Malaysia		—		18,618,830		—		18,618,830
Mexico		29,701,729		75,810		—		29,777,539
Netherlands		15,190,578		66,080,997		—		81,271,575
New Zealand		—		8,750,111		—		8,750,111
Norway		275,359		22,105,993		—		22,381,352
Peru		415,248		—		—		415,248
Philippines		18,131		8,941,127		32,635		8,991,893

50

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Poland		—	$	10,905,828		—	$	10,905,828
Portugal		—		7,357,201		—		7,357,201
Qatar		—		9,636,086		—		9,636,086
Saudi Arabia	$	43,689		36,592,663		—		36,636,352
Singapore		—		25,806,479	$	32,482		25,838,961
South Africa		5,460,525		39,098,131		—		44,558,656
South Korea		749,451		137,717,431		94,306		138,561,188
Spain		614,941		58,113,471		—		58,728,412
Sweden		22,854		72,225,310		—		72,248,164
Switzerland		15,985,965		187,864,526		—		203,850,491
Taiwan		11,147,627		186,440,710		11,674		197,600,011
Thailand		23,574,154		1,770,793		—		25,344,947
Turkey		—		9,764,081		—		9,764,081
United Arab Emirates		—		14,584,438		—		14,584,438
United Kingdom		84,967,918		239,636,176		—		324,604,094
United States		348,861		4,043,097		—		4,391,958
Preferred Stocks
Brazil		10,276,691		17,932		—		10,294,623
Chile		—		239,497		—		239,497
Colombia		96,160		—		—		96,160
Germany		—		12,039,314		—		12,039,314
India		—		79,809		—		79,809
Philippines		—		38,461		—		38,461
Rights/Warrants
Brazil		—		7,635		—		7,635
France		—		12,143		—		12,143
Singapore		—		709		—		709
Spain		—		23,752		—		23,752
Taiwan		—		6,991		—		6,991
Thailand		—		934		—		934
Mutual Funds		10,251		—		—		10,251
Securities Lending Collateral		—		173,965,636		—		173,965,636
Futures Contracts**		1,504,409		—		—		1,504,409
TOTAL	$	567,064,783	$	3,236,169,639	$	923,082^	$	3,804,157,504

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

51

WORLD EX U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (99.4%)
AUSTRALIA — (4.5%)
Other Securities			$	30,802,181		4.5	%
AUSTRIA — (0.7%)
Other Securities				4,544,286		0.7	%
BELGIUM — (1.3%)
Ageas SA		52,470		2,337,830		0.3	%
Solvay SA		10,559		1,267,277		0.2	%
Other Securities				5,334,884		0.8	%
TOTAL BELGIUM				8,939,991		1.3	%
BRAZIL — (1.0%)
Other Securities				7,062,031		1.0	%
CANADA — (7.7%)
Alamos Gold, Inc., Class A		105,781		1,367,107		0.2	%
ARC Resources Ltd.		157,602		1,957,737		0.3	%
iA Financial Corp., Inc.		30,644		2,056,203		0.3	%
Lundin Mining Corp.		180,250		1,376,970		0.2	%
*      MEG Energy Corp.		81,109		1,350,569		0.2	%
West Fraser Timber Co. Ltd.		19,494		1,410,054		0.2	%
Other Securities				43,117,393		6.2	%
TOTAL CANADA				52,636,033		7.6	%
CHILE — (0.1%)
Other Securities				737,306		0.1	%
CHINA — (6.8%)
Other Securities				46,403,676		6.7	%
COLOMBIA — (0.0%)
Other Securities				69,222		0.0	%
DENMARK — (1.8%)
*      Jyske Bank AS		18,173		1,328,698		0.2	%
Ringkjoebing Landbobank AS		9,222		1,297,139		0.2	%
Other Securities				9,887,891		1.4	%
TOTAL DENMARK				12,513,728		1.8	%
FINLAND — (1.7%)
Stora Enso Oyj, Class R		124,293		1,576,886		0.2	%
Valmet Oyj		45,995		1,556,090		0.2	%
Other Securities				8,680,880		1.3	%
TOTAL FINLAND				11,813,856		1.7	%
FRANCE — (4.6%)
Alstom SA		82,238		2,067,017		0.3	%
Arkema SA		15,268		1,510,662		0.2	%
Bouygues SA		49,914		1,827,813		0.3	%

52

WORLDEX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
FRANCE — (Continued)
Eiffage SA		20,030		$2,384,047		0.4	%
*       Renault SA		55,113		2,047,060		0.3	%
Vivendi SE		161,792		1,777,196		0.3	%
Other Securities				19,577,528		2.7	%
TOTAL FRANCE				31,191,323		4.5	%
GERMANY — (5.4%)
Brenntag SE		20,646		1,682,745		0.3	%
Continental AG		27,863		1,955,067		0.3	%
*W     Covestro AG		55,738		2,445,251		0.4	%
Fresenius Medical Care AG & Co. KGaA		47,923		2,325,414		0.3	%
HeidelbergCement AG		41,205		3,120,932		0.5	%
K&S AG		63,951		1,275,556		0.2	%
*      Siemens Energy AG		59,809		1,467,958		0.2	%
Other Securities				22,544,846		3.2	%
TOTAL GERMANY				36,817,769		5.4	%
GREECE — (0.1%)
Other Securities				805,604		0.1	%
HONG KONG — (1.5%)
Other Securities				10,233,555		1.5	%
HUNGARY — (0.0%)
Other Security				181,409		0.0	%
INDIA — (5.0%)
Other Securities.				34,139,655		5.0	%
INDONESIA — (0.5%)
Other Securities				3,633,208		0.5	%
IRELAND — (0.9%)
Bank of Ireland Group PLC		330,642		3,419,799		0.5	%
Other Securities				2,625,569		0.4	%
TOTAL IRELAND				6,045,368		0.9	%
ISRAEL — (0.7%)
Other Securities				4,839,456		0.7	%
ITALY — (2.7%)
Banco BPM SpA		394,306		1,603,281		0.3	%
Mediobanca Banca di Credito Finanziario SpA		144,530		1,552,134		0.2	%
Other Securities				15,067,068		2.2	%
TOTAL ITALY				18,222,483		2.7	%
JAPAN — (16.9%)
Sojitz Corp.		70,440		1,483,573		0.2	%
Other Securities				114,116,128		16.6	%
TOTAL JAPAN				115,599,701		16.8	%

53

WORLDEX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
KUWAIT — (0.0%)
Other Securities			$	144,215		0.0	%
MALAYSIA — (0.5%)
Other Securities				3,397,321		0.5	%
MEXICO — (0.8%)
Other Securities				5,120,618		0.7	%
NETHERLANDS — (1.9%)
W      ABN AMRO Bank NV, CVA		112,128		1,797,104		0.3	%
Aegon NV		419,896		1,915,870		0.3	%
ASR Nederland NV		43,712		1,922,569		0.3	%
NN Group NV		34,776		1,296,810		0.2	%
Other Securities				6,325,383		0.8	%
TOTAL NETHERLANDS				13,257,736		1.9	%
NEW ZEALAND — (0.3%)
Other Securities				1,728,688		0.3	%
NORWAY — (0.9%)
Other Securities				5,820,945		0.8	%
PHILIPPINES — (0.2%)
Other Securities				1,374,054		0.2	%
POLAND — (0.2%)
Other Securities				1,521,856		0.2	%
PORTUGAL — (0.3%)
Other Securities				2,251,116		0.3	%
QATAR — (0.2%)
Other Securities				1,136,949		0.2	%
SAUDI ARABIA — (1.2%)
Other Securities				8,308,741		1.2	%
SINGAPORE — (0.8%)
Other Securities				5,626,518		0.8	%
SOUTH AFRICA — (1.1%)
Other Securities				7,371,383		1.1	%
SOUTH KOREA — (3.4%)
Other Securities				23,261,534		3.4	%
SPAIN — (1.3%)
Banco de Sabadell SA		1,583,992		1,650,830		0.3	%
Other Securities				7,059,531		1.0	%
TOTAL SPAIN				8,710,361		1.3	%
SWEDEN — (1.6%)
Other Securities				10,681,676		1.6	%

54

WORLDEX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SWITZERLAND — (4.3%)
Adecco Group AG		44,732	$	1,538,627		0.2	%
Baloise Holding AG		13,916		2,329,443		0.4	%
Helvetia Holding AG		9,919		1,483,806		0.2	%
Julius Baer Group Ltd.		25,323		1,814,550		0.3	%
Swatch Group AG		7,058		2,421,334		0.4	%
Swiss Prime Site AG		16,975		1,536,571		0.2	%
Other Securities				18,518,203		2.6	%
TOTAL SWITZERLAND				29,642,534		4.3	%
TAIWAN — (5.4%)
Other Securities				36,814,903		5.4	%
THAILAND — (0.6%)
Other Securities				4,136,122		0.6	%
TURKEY — (0.2%)
Other Securities				1,455,878		0.2	%
UNITED ARAB EMIRATES — (0.5%)
Emaar Properties PJSC		1,206,048		1,955,318		0.3	%
Other Securities				1,557,812		0.2	%
TOTAL UNITED ARAB EMIRATES				3,513,130		0.5	%
UNITED KINGDOM — (9.7%)
Barratt Developments PLC		299,113		1,881,843		0.3	%
Centrica PLC		1,480,134		2,126,880		0.3	%
DS Smith PLC		416,595		1,626,495		0.2	%
J Sainsbury PLC		531,830		1,848,112		0.3	%
Kingfisher PLC		587,635		1,904,582		0.3	%
Melrose Industries PLC		341,366		1,758,410		0.3	%
Mondi PLC		100,071		1,594,664		0.2	%
Persimmon PLC		84,555		1,399,360		0.2	%
Taylor Wimpey PLC		1,065,125		1,718,969		0.3	%
Other Securities				50,482,274		7.2	%
TOTAL UNITED KINGDOM				66,341,589		9.6	%
UNITED STATES — (0.1%)
Other Securities				298,024		0.0	%
TOTAL COMMON STOCKS				679,147,732		98.6	%
PREFERRED STOCKS — (0.4%)
BRAZIL — (0.1%)
Other Securities				743,173		0.1	%
GERMANY — (0.3%)
Other Securities				1,959,312		0.3	%
INDIA — (0.0%)
Other Security				56,869		0.0	%

55

WORLDEX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
PHILIPPINES — (0.0%)
Other Security			$	15,712		0.0	%
TOTAL PREFERRED STOCKS				2,775,066		0.4	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities				7,764		0.0	%
FRANCE — (0.0%)
Other Security				9,632		0.0	%
MALAYSIA — (0.0%)
Other Securities				4,468		0.0	%
THAILAND — (0.0%)
Other Securities				693		0.0	%
TOTAL RIGHTS/WARRANTS				22,557		0.0	%
TOTAL INVESTMENT SECURITIES
(Cost $654,593,453)				681,945,355
SECURITIES LENDING COLLATERAL — (0.2%)
@§      The DFA Short Term Investment Fund		95,599		1,105,792		0.2	%
TOTAL INVESTMENTS — (100.0%)
(Cost $655,699,075)			$	683,051,147		99.2	%

As of April 30, 2023, World ex U.S. Targeted Value Portfolio had entered into the following outstanding futures contracts:

									Unrealized
	Number of		Expiration		Notional		Market		Appreciation
Description	Contracts		Date		Value		Value		(Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		5		06/16/23	$	1,043,782	$	1,047,125	$	3,343
Total Futures Contracts					$	1,043,782	$	1,047,125	$	3,343

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	224,355	$	30,577,151	$	675	$	30,802,181
Austria		—		4,544,286		—		4,544,286
Belgium		475,752		8,464,239		—		8,939,991
Brazil		6,881,688		180,343		—		7,062,031
Canada		52,627,509		8,524		—		52,636,033
Chile		32,149		705,157		—		737,306
China		1,310,777		44,740,280		352,619		46,403,676
Colombia		69,222		—		—		69,222

56

WORLDEX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Denmark		—	$	12,513,728		—	$	12,513,728
Finland		—		11,813,856		—		11,813,856
France		—		31,191,323		—		31,191,323
Germany		—		36,817,769		—		36,817,769
Greece		—		805,604		—		805,604
Hong Kong		—		10,226,461	$	7,094		10,233,555
Hungary		—		181,409		—		181,409
India	$	29,001		34,040,886		69,768		34,139,655
Indonesia		—		3,627,375		5,833		3,633,208
Ireland		—		6,045,368		—		6,045,368
Israel		121,922		4,717,534		—		4,839,456
Italy		—		18,222,483		—		18,222,483
Japan		—		115,599,701		—		115,599,701
Kuwait		132,373		11,842		—		144,215
Malaysia		—		3,397,321		—		3,397,321
Mexico		5,015,983		104,635		—		5,120,618
Netherlands		536,977		12,720,759		—		13,257,736
New Zealand		—		1,728,688		—		1,728,688
Norway		215,867		5,605,078		—		5,820,945
Philippines		—		1,359,107		14,947		1,374,054
Poland		—		1,521,856		—		1,521,856
Portugal		—		2,251,116		—		2,251,116
Qatar		—		1,136,949		—		1,136,949
Saudi Arabia		51,074		8,257,667		—		8,308,741
Singapore		—		5,626,518		—		5,626,518
South Africa		1,171,418		6,199,965		—		7,371,383
South Korea		—		23,230,130		31,404		23,261,534
Spain		—		8,710,361		—		8,710,361
Sweden		16,136		10,665,540		—		10,681,676
Switzerland		—		29,642,534		—		29,642,534
Taiwan		—		36,806,126		8,777		36,814,903
Thailand		4,019,249		116,873		—		4,136,122
Turkey		—		1,455,878		—		1,455,878
United Arab Emirates		—		3,513,130		—		3,513,130
United Kingdom		600,034		65,741,555		—		66,341,589
United States		69,388		228,636		—		298,024
Preferred Stocks
Brazil		730,496		12,677		—		743,173
Germany		—		1,959,312		—		1,959,312
India		—		56,869		—		56,869
Philippines		—		15,712		—		15,712
Rights/Warrants
Brazil		—		7,764		—		7,764
France		—		9,632		—		9,632
Malaysia		—		4,468		—		4,468
Thailand		—		693		—		693
Securities Lending Collateral		—		1,105,792		—		1,105,792
Futures Contracts**		3,343		—		—		3,343
TOTAL.	$	74,334,713	$	608,228,660	$	491,117^	$	683,054,490

** Valued at the unrealized appreciation/(depreciation) on the investment.

57

WORLDEX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

58

WORLD CORE EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group, Inc.		19,322,431	$	610,782,063
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		20,987,064		311,448,027
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		5,738,837		121,892,906
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $756,024,529)			$	1,044,122,996
TEMPORARY CASH INVESTMENTS — (0.0%)
State Street Institutional U.S. Government Money Market Fund, 4.760% (Cost $270,518)		270,518		270,518
TOTAL INVESTMENTS — (100.0%) (Cost $756,295,047)			$	1,044,393,514

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	1,044,122,996		—		—	$	1,044,122,996
Temporary Cash Investments		270,518		—		—		270,518
TOTAL	$	1,044,393,514		—		—	$	1,044,393,514

See accompanying Notes to Financial Statements.

59

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group, Inc.		5,224,824	$	149,586,710
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		5,282,433		78,391,308
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		2,317,845		49,231,019
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $173,567,318)			$	277,209,037

As of April 30, 2023, Selectively Hedged Global Equity Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:

						Unrealized
						Foreign
						Exchange
					Settlement	Appreciation
Currency Purchased		Currency Sold		Counterparty	Date	(Depreciation)
USD	606,865	NOK	6,254,000	Citibank, N.A.	05/05/23	$	19,964
EUR	928,000	USD	997,903	HSBC Bank	05/10/23		25,111
USD	5,401,739	CHF	4,787,000	State Street Bank and Trust	05/15/23		38,923
USD	97,144	DKK	653,000	Citibank, N.A.	05/22/23		481
USD	10,233,008	HKD	80,216,000	Bank of America Corp.	05/25/23		4,082
USD	15,021,774	JPY	1,975,764,000	Australia & New Zealand Banking Group Ltd.	06/29/23		392,125
USD	514,650	ILS	1,842,000	HSBC Bank	06/30/23		6,055
USD	4,526,842	AUD	6,700,000	Citibank, N.A.	07/12/23		80,087
Total Appreciation						$	566,828
USD	1,961,288	SEK	20,243,000	Citibank, N.A.	05/08/23	$	(13,161	)
USD	19,976,164	EUR	18,832,000	State Street Bank and Trust	05/10/23		(783,958	)
USD	1,675,864	DKK	11,531,000	HSBC Bank	05/22/23		(31,050	)
USD	9,023,309	GBP	7,255,000	State Street Bank and Trust	05/25/23		(98,878	)
USD	652,843	SGD	877,000	Citibank, N.A.	06/01/23		(5,067	)
USD	4,496,583	CAD	6,197,000	Bank of America Corp.	06/14/23		(81,266	)
Total (Depreciation)						$	(1,013,380	)
Total Appreciation
(Depreciation)						$	(446,552	)

As of April 30, 2023, Selectively Hedged Global Equity Portfolio had entered into the following outstanding futures contracts:

									Unrealized
	Number of		Expiration		Notional		Market		Appreciation
Description	Contracts		Date		Value		Value		(Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		18		06/16/23	$	3,590,742	$	3,769,650	$	178,908
Total Futures Contracts					$	3,590,742	$	3,769,650	$	178,908

60

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2			Level 3		Total
Affiliated Investment Companies	$	277,209,037		—			—	$	277,209,037
Forward Currency Contracts**		—	$	(446,552	)		—		(446,552	)
Futures Contracts**		178,908		—			—		178,908
TOTAL	$	277,387,945	$	(446,552	)		—	$	276,941,393

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

61

EMERGING MARKETS PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$	4,490,468,063
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	4,490,468,063

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

62

EMERGING MARKETS SMALL CAP PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company	$	3,981,866,951
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	3,981,866,951

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

63

EMERGING MARKETS VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in Dimensional Emerging Markets Value Fund	$	10,448,656,771
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	10,448,656,771

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

64

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

					Percentage
	Shares		Value»		of Net Assets‡
COMMON STOCKS — (98.1%)
BRAZIL — (3.8%)
Petroleo Brasileiro SA		16,003,488	$	85,571,399		0.4	%
Vale SA		12,398,050		179,962,877		0.8	%
Other Securities				654,833,667		2.6	%
TOTAL BRAZIL				920,367,943		3.8	%
CHILE — (0.5%)
Other Securities				126,087,912		0.5	%
CHINA — (27.8%)
*   Alibaba Group Holding Ltd.		19,206,500		203,082,281		0.9	%
*   Alibaba Group Holding Ltd., Sponsored ADR		2,168,694		183,666,695		0.8	%
Bank of China Ltd., Class H		204,333,702		81,602,285		0.4	%
China Construction Bank Corp., Class H		325,242,302		217,432,930		0.9	%
China Merchants Bank Co. Ltd., Class H		15,550,646		75,064,875		0.3	%
China Petroleum & Chemical Corp., Class H		129,282,400		84,733,635		0.4	%
China Resources Land Ltd.		13,780,610		64,172,928		0.3	%
Industrial & Commercial Bank of China Ltd., Class H		176,952,725		95,201,272		0.4	%
Kweichow Moutai Co. Ltd., Class A		204,274		52,000,266		0.2	%
Lenovo Group Ltd.		49,656,000		50,801,846		0.2	%
Li Ning Co. Ltd.		7,365,083		52,672,246		0.2	%
NetEase, Inc.		2,741,900		48,812,404		0.2	%
NetEase, Inc., ADR		521,292		46,462,756		0.2	%
PetroChina Co. Ltd., Class H		111,446,000		77,414,227		0.3	%
Ping An Insurance Group Co. of China Ltd., Class H		20,726,000		151,206,959		0.6	%
Tencent Holdings Ltd.		13,749,800		610,712,649		2.5	%
*   Vipshop Holdings Ltd., ADR		3,599,304		56,509,073		0.3	%
Yum China Holdings, Inc.		1,340,150		81,990,377		0.4	%
Other Securities				4,536,377,754		18.4	%
TOTAL CHINA				6,769,917,458		27.9	%
COLOMBIA — (0.1%)
Other Securities				22,166,289		0.1	%
CZECH REPUBLIC — (0.1%)
Other Securities				36,577,372		0.1	%
EGYPT — (0.0%)
Other Securities				7,381,104		0.0	%
GREECE — (0.3%)
Other Securities				83,233,548		0.3	%
HONG KONG — (0.0%)
Other Securities				643,963		0.0	%
HUNGARY — (0.2%)
Other Securities				37,660,116		0.2	%
INDIA — (15.6%)
Axis Bank Ltd.		6,691,329		70,633,009		0.3	%

65

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
INDIA — (Continued)
Bharti Airtel Ltd.		6,629,720	$	64,868,134		0.3	%
HDFC Bank Ltd.		4,794,497		99,100,762		0.4	%
Housing Development Finance Corp. Ltd.		1,745,202		59,342,287		0.3	%
ICICI Bank Ltd., Sponsored ADR		4,255,233		96,806,551		0.4	%
Infosys Ltd.		7,880,895		121,614,971		0.5	%
ITC Ltd.		9,263,717		48,381,852		0.2	%
Larsen & Toubro Ltd.		1,746,787		50,549,443		0.2	%
Reliance Industries Ltd.		5,101,117		151,451,061		0.6	%
Tata Consultancy Services Ltd.		2,162,337		85,378,729		0.4	%
Other Securities				2,951,319,317		12.0	%
TOTAL INDIA				3,799,446,116		15.6	%
INDONESIA — (2.1%)
Other Securities				500,723,057		2.1	%
KUWAIT — (0.1%)
Other Securities				12,862,707		0.1	%
MALAYSIA — (1.6%)
Other Securities				384,850,738		1.6	%
MEXICO — (2.7%)
#   America Movil SAB de CV, ADR		3,735,424		80,274,261		0.3	%
Grupo Financiero Banorte SAB de CV, Class O		5,777,265		50,068,876		0.2	%
Grupo Mexico SAB de CV, Class B		9,174,577		44,868,909		0.2	%
Other Securities				490,588,364		2.0	%
TOTAL MEXICO				665,800,410		2.7	%
PERU — (0.1%)
Other Securities				19,799,320		0.1	%
PHILIPPINES — (0.8%)
Other Securities				197,766,070		0.8	%
POLAND — (0.9%)
Other Securities				212,405,281		0.9	%
QATAR — (0.7%)
Other Securities				159,186,947		0.7	%
SAUDI ARABIA — (3.9%)
Al Rajhi Bank		3,431,557		70,827,152		0.3	%
Saudi Basic Industries Corp.		1,943,245		48,081,051		0.2	%
Saudi Telecom Co.		3,951,662		47,562,098		0.2	%
Other Securities				791,617,674		3.2	%
TOTAL SAUDI ARABIA				958,087,975		3.9	%
SOUTH AFRICA — (3.5%)
FirstRand Ltd.		12,783,113		45,051,162		0.2	%
#   Gold Fields Ltd., Sponsored ADR		3,519,305		54,760,386		0.2	%
MTN Group Ltd.		7,490,086		52,608,909		0.2	%
Other Securities				694,965,934		2.9	%
TOTAL SOUTH AFRICA				847,386,391		3.5	%

66

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
SOUTH KOREA — (12.1%)
Hyundai Motor Co.		345,694	$	51,207,403		0.2	%
Kia Corp.		938,136		59,415,218		0.3	%
POSCO Holdings, Inc.		206,037		58,309,427		0.3	%
Samsung Electronics Co. Ltd.		15,000,936		738,107,336		3.1	%
SK Hynix, Inc.		2,150,179		144,671,534		0.6	%
Other Securities				1,880,884,298		7.6	%
TOTAL SOUTH KOREA				2,932,595,216		12.1	%
TAIWAN — (17.0%)
Hon Hai Precision Industry Co. Ltd.		20,204,403		68,847,474		0.3	%
MediaTek, Inc.		3,709,823		80,665,796		0.4	%
Taiwan Semiconductor Manufacturing Co. Ltd.		41,439,652		678,598,897		2.8	%
Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		3,191,292		269,025,916		1.1	%
#   United Microelectronics Corp.		35,252,441		56,698,468		0.3	%
Other Securities				2,979,402,965		12.1	%
TOTAL TAIWAN				4,133,239,516		17.0	%
THAILAND — (2.3%)
Other Securities				548,877,402		2.3	%
TURKEY — (0.9%)
Other Securities				226,146,243		0.9	%
UNITED ARAB EMIRATES — (1.0%)
Other Securities				253,604,838		1.0	%
UNITED STATES — (0.0%)
Other Securities				5,902,542		0.0	%
TOTAL COMMON STOCKS				23,862,716,474		98.2	%
MUTUAL FUNDS — (0.0%)
UNITED STATES — (0.0%)
Other Security				237,244		0.0	%
TOTAL MUTUAL FUNDS				237,244		0.0	%
PREFERRED STOCKS — (1.0%)
BRAZIL — (1.0%)
Petroleo Brasileiro SA		22,001,222		104,540,872		0.4	%
Other Securities				136,874,378		0.6	%
TOTAL BRAZIL				241,415,250		1.0	%
CHILE — (0.0%)
Other Securities				3,276,069		0.0	%
COLOMBIA — (0.0%)
Other Securities				5,047,740		0.0	%
INDIA — (0.0%)
Other Security				888,453		0.0	%

67

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

				Percentage
	Shares	Value»		of Net Assets‡
PHILIPPINES — (0.0%)
Other Security		$	828,649		0.0	%
SOUTH KOREA — (0.0%)
Other Securities			42,134		0.0	%
TOTAL PREFERRED STOCKS			251,498,295		1.0	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities			180,492		0.0	%
KUWAIT — (0.0%)
Other Security			29,259		0.0	%
MALAYSIA — (0.0%)
Other Security			134,042		0.0	%
TAIWAN — (0.0%)
Other Securities			165,592		0.0	%
THAILAND — (0.0%)
Other Securities			10,777		0.0	%
TOTAL RIGHTS/WARRANTS			520,162		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $19,302,537,037)			24,114,972,175

				Percentage
		Value†		of Net Assets»
SECURITIES LENDING COLLATERAL — (0.9%)
@§ The DFA Short Term Investment Fund	18,125,179		209,653,948		0.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $19,512,178,448)		$	24,324,626,123		100.1	%

As of April 30, 2023, Emerging Markets Core Equity Portfolio had entered into the following outstanding futures contracts:

									Unrealized
	Number of		Expiration		Notional		Market		Appreciation
Description	Contracts		Date		Value		Value		(Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		1,076		06/16/23	$	216,277,449	$	225,341,300	$	9,063,851
Total Futures Contracts					$	216,277,449	$	225,341,300	$	9,063,851

68

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	916,433,908	$	3,934,035		—	$	920,367,943
Chile		31,602,305		94,485,607		—		126,087,912
China		609,753,251		6,148,158,194	$	12,006,013		6,769,917,458
Colombia		21,413,526		752,763		—		22,166,289
Czech Republic		—		36,577,372		—		36,577,372
Egypt		83,994		7,297,110		—		7,381,104
Greece		490,713		82,742,835		—		83,233,548
Hong Kong		—		643,963		—		643,963
Hungary		—		37,660,116		—		37,660,116
India.		154,924,004		3,643,278,741		1,243,371		3,799,446,116
Indonesia		12,767,409		487,474,644		481,004		500,723,057
Kuwait		11,278,045		1,584,662		—		12,862,707
Malaysia		—		384,850,738		—		384,850,738
Mexico		663,226,462		2,573,948		—		665,800,410
Peru		19,799,320		—		—		19,799,320
Philippines		2,680,915		194,481,013		604,142		197,766,070
Poland		—		212,405,281		—		212,405,281
Qatar		—		159,186,947		—		159,186,947
Saudi Arabia		1,504,721		956,579,448		3,806		958,087,975
South Africa		119,371,022		728,015,369		—		847,386,391
South Korea		55,183,171		2,875,286,643		2,125,402		2,932,595,216
Taiwan		276,258,387		3,856,751,849		229,280		4,133,239,516
Thailand		513,361,667		35,515,735		—		548,877,402
Turkey		32,683		226,113,560		—		226,146,243
United Arab Emirates		—		253,604,838		—		253,604,838
United States		—		5,902,542		—		5,902,542
Preferred Stocks
Brazil		241,107,825		307,425		—		241,415,250
Chile		—		3,276,069		—		3,276,069
Colombia		5,047,740		—		—		5,047,740
India		—		888,453		—		888,453
Philippines		—		828,649		—		828,649
South Korea		11,215		30,919		—		42,134
Rights/Warrants
Brazil		—		180,492		—		180,492
Kuwait		—		29,259		—		29,259
Malaysia		—		134,042		—		134,042
Taiwan		—		165,592		—		165,592
Thailand		—		10,777		—		10,777
Mutual Funds		237,244		—		—		237,244
Securities Lending Collateral		—		209,653,948		—		209,653,948
Futures Contracts**		9,063,851		—		—		9,063,851
TOTAL	$	3,665,633,378	$	20,651,363,578	$	16,693,018^	$	24,333,689,974

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

69

EMERGING MARKETS TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

					Percentage
	Shares		Value»		of Net Assets‡
COMMON STOCKS — (99.2%)
BRAZIL — (3.7%)
Cosan SA		176,951	$	531,442		0.3	%
Vibra Energia SA		193,005		510,780		0.2	%
Other Securities				7,119,703		3.2	%
TOTAL BRAZIL				8,161,925		3.7	%
CHILE — (0.4%)
Other Securities				838,251		0.4	%
CHINA — (24.1%)
China Gas Holdings Ltd.		531,000		683,115		0.3	%
China National Building Material Co. Ltd., Class H		788,000		591,244		0.3	%
Geely Automobile Holdings Ltd.		1,008,000		1,251,375		0.6	%
Kingsoft Corp. Ltd.		164,200		721,778		0.3	%
Kunlun Energy Co. Ltd.		720,000		667,445		0.3	%
Sinopharm Group Co. Ltd., Class H		263,200		932,327		0.4	%
*   Tencent Music Entertainment Group, ADR		87,413		647,730		0.3	%
*   Vipshop Holdings Ltd., ADR		58,456		917,759		0.4	%
Wharf Holdings Ltd.		220,000		503,054		0.3	%
Other Securities				46,369,207		20.9	%
TOTAL CHINA				53,285,034		24.1	%
COLOMBIA — (0.0%)
Other Securities				99,956		0.0	%
GREECE — (0.5%)
Other Securities				1,146,674		0.5	%
HONG KONG — (0.0%)
Other Security				4,525		0.0	%
INDIA — (16.8%)
Bharat Electronics Ltd.		428,979		542,499		0.3	%
Cholamandalam Investment & Finance Co. Ltd.		54,401		583,383		0.3	%
Cipla Ltd.		57,388		639,104		0.3	%
Dr Reddy’s Laboratories Ltd., ADR		14,776		893,357		0.4	%
GAIL India Ltd.		419,667		551,370		0.3	%
Hero MotoCorp Ltd.		16,291		511,147		0.2	%
Shriram Finance Ltd.		42,671		697,483		0.3	%
Tata Consumer Products Ltd.		79,524		742,143		0.4	%
UPL Ltd.		78,979		715,726		0.3	%
Other Securities				31,343,397		14.0	%
TOTAL INDIA				37,219,609		16.8	%
INDONESIA — (2.0%)
Other Securities				4,430,960		2.0	%
KUWAIT — (0.2%)
Other Securities				552,614		0.3	%

70

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
MALAYSIA — (1.8%)
Other Securities			$	3,951,131		1.8	%
MEXICO — (2.6%)
*   Cemex SAB de CV, Sponsored ADR		169,345		1,016,070		0.5	%
Other Securities				4,662,082		2.1	%
TOTAL MEXICO				5,678,152		2.6	%
PHILIPPINES — (0.7%)
Other Securities				1,613,129		0.7	%
POLAND — (0.9%)
Other Securities				1,970,853		0.9	%
QATAR — (0.8%)
Other Securities				1,842,655		0.8	%
SAUDI ARABIA — (4.5%)
Arab National Bank		122,794		900,404		0.4	%
Banque Saudi Fransi		76,160		790,249		0.4	%
*   Dar Al Arkan Real Estate Development Co.		114,864		495,838		0.2	%
Etihad Etisalat Co.		69,362		855,474		0.4	%
Sahara International Petrochemical Co.		66,578		694,205		0.3	%
*   Saudi Kayan Petrochemical Co.		156,893		532,616		0.3	%
Yanbu National Petrochemical Co.		43,428		521,393		0.3	%
Other Securities				5,056,183		2.1	%
TOTAL SAUDI ARABIA				9,846,362		4.4	%
SOUTH AFRICA — (3.4%)
Aspen Pharmacare Holdings Ltd.		60,599		606,524		0.3	%
Nedbank Group Ltd.		75,530		872,578		0.4	%
Old Mutual Ltd.		784,328		498,912		0.2	%
Sibanye Stillwater Ltd.		301,746		667,110		0.3	%
Other Securities				4,952,759		2.2	%
TOTAL SOUTH AFRICA				7,597,883		3.4	%
SOUTH KOREA — (12.3%)
DB Insurance Co. Ltd.		8,646		543,501		0.3	%
Other Securities				26,702,202		12.0	%
TOTAL SOUTH KOREA				27,245,703		12.3	%
TAIWAN — (19.0%)
Asia Cement Corp.		427,000		611,580		0.3	%
AUO Corp.		1,236,000		686,471		0.3	%
Catcher Technology Co. Ltd.		120,000		707,894		0.3	%
Chang Hwa Commercial Bank Ltd.		844,887		489,961		0.2	%
#   Compal Electronics, Inc.		784,000		611,832		0.3	%
Far Eastern New Century Corp.		586,000		609,136		0.3	%
Innolux Corp.		1,704,005		746,491		0.4	%
Lite-On Technology Corp.		252,000		603,671		0.3	%
Nanya Technology Corp.		224,000		496,450		0.2	%
Pegatron Corp.		366,000		835,268		0.4	%
Shin Kong Financial Holding Co. Ltd.		2,555,698		698,486		0.3	%
Taishin Financial Holding Co. Ltd.		2,000,532		1,128,651		0.5	%

71

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
TAIWAN — (Continued)
Taiwan Business Bank		1,108,105	$	503,647		0.2	%
#   Walsin Lihwa Corp.		437,607		710,652		0.3	%
Wistron Corp.		526,000		797,268		0.4	%
Other Securities				31,670,528		14.2	%
TOTAL TAIWAN				41,907,986		18.9	%
THAILAND — (2.2%)
Other Securities				4,845,262		2.2	%
TURKEY — (1.2%)
Other Securities				2,545,010		1.2	%
UNITED ARAB EMIRATES — (2.1%)
Aldar Properties PJSC		394,150		581,366		0.3	%
Emaar Properties PJSC		918,486		1,489,105		0.7	%
Other Securities.				2,461,957		1.0	%
TOTAL UNITED ARAB EMIRATES				4,532,428		2.0	%
TOTAL COMMON STOCKS				219,316,102		99.0	%
PREFERRED STOCKS — (0.4%)
BRAZIL — (0.4%)
Other Securities				732,602		0.3	%
INDIA — (0.0%)
Other Security				43,278		0.0	%
PHILIPPINES — (0.0%)
Other Security				14,740		0.0	%
TOTAL PREFERRED STOCKS				790,620		0.3	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities				7,900		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $211,269,629)				220,114,622

		Value†
SECURITIES LENDING COLLATERAL — (0.4%)
@§ The DFA Short Term Investment Fund	76,824		888,621	0.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $212,158,098)		$	221,003,243	99.7	%

72

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED

As of April 30, 2023, Emerging Markets Targeted Value Portfolio had entered into the following outstanding futures contracts:

									Unrealized
	Number of		Expiration		Notional		Market		Appreciation
Description	Contracts		Date		Value		Value		(Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		7		06/16/23	$	1,400,251	$	1,465,975	$	65,724
Total Futures Contracts					$	1,400,251	$	1,465,975	$	65,724

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2			Level 3		Total
Common Stocks
Brazil	$	7,952,826	$	209,099			—	$	8,161,925
Chile		46,271		791,980			—		838,251
China		3,002,491		50,069,861		$	212,682		53,285,034
Colombia		99,956		—	��		—		99,956
Greece		—		1,146,674			—		1,146,674
Hong Kong		4,525		—			—		4,525
India		917,969		36,256,534			45,106		37,219,609
Indonesia		—		4,425,980			4,980		4,430,960
Kuwait		460,282		92,332			—		552,614
Malaysia		—		3,951,131			—		3,951,131
Mexico		5,283,226		394,926			—		5,678,152
Philippines		—		1,600,747			12,382		1,613,129
Poland		—		1,970,853			—		1,970,853
Qatar		—		1,842,655			—		1,842,655
Saudi Arabia		22,222		9,824,140			—		9,846,362
South Africa		217,952		7,379,931			—		7,597,883
South Korea		56,486		27,160,553			28,664		27,245,703
Taiwan		—		41,900,236			7,750		41,907,986
Thailand		4,692,839		152,423			—		4,845,262
Turkey		—		2,545,010			—		2,545,010
United Arab Emirates		—		4,525,483			6,945		4,532,428
Preferred Stocks
Brazil		732,602		—			—		732,602
India		—		43,278			—		43,278
Philippines		—		14,740			—		14,740
Rights/Warrants
Brazil		—		7,900			—		7,900
Securities Lending Collateral		—		888,621			—		888,621
Futures Contracts**		65,724		—			—		65,724
TOTAL	$	23,555,371	$	197,195,087		$	318,509^	$	221,068,967

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

73

EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

					Percentage
	Shares		Value»		of Net Assets‡
COMMON STOCKS — (98.0%)
BRAZIL — (5.8%)
Petroleo Brasileiro SA		322,824	$	1,726,155		0.4	%
Petroleo Brasileiro SA, Sponsored ADR		104,989		996,346		0.2	%
Petroleo Brasileiro SA, Sponsored ADR		74,958		796,054		0.2	%
Vale SA, Sponsored ADR		284,909		4,105,539		0.8	%
Other Securities				22,391,513		4.2	%
TOTAL BRAZIL				30,015,607		5.8	%
CHILE — (0.7%)
Other Securities				3,859,370		0.7	%
COLOMBIA — (0.2%)
Other Securities				844,091		0.2	%
CZECH REPUBLIC — (0.2%)
Other Securities				863,740		0.2	%
EGYPT — (0.0%)
Other Security				159,521		0.0	%
GREECE — (0.6%)
Other Securities				3,122,151		0.6	%
HUNGARY — (0.2%)
Other Securities				1,115,629		0.2	%
INDIA — (20.9%)
Axis Bank Ltd.		178,821		1,887,617		0.4	%
Bharti Airtel Ltd.		211,161		2,066,093		0.4	%
HDFC Bank Ltd.		160,699		3,321,598		0.7	%
Housing Development Finance Corp. Ltd.		38,469		1,308,065		0.3	%
ICICI Bank Ltd., Sponsored ADR		114,676		2,608,879		0.5	%
Infosys Ltd.		262,038		4,043,671		0.8	%
ITC Ltd.		278,792		1,456,054		0.3	%
Kotak Mahindra Bank Ltd.		50,514		1,199,103		0.2	%
Larsen & Toubro Ltd.		52,864		1,529,806		0.3	%
Mahindra & Mahindra Ltd.		91,611		1,376,325		0.3	%
W  Reliance Industries Ltd., GDR		44,787		2,669,305		0.5	%
Tata Consultancy Services Ltd.		51,622		2,038,268		0.4	%
*   Tata Motors Ltd.		190,196		1,133,625		0.2	%
Tata Steel Ltd.		1,088,156		1,443,311		0.3	%
Other Securities				80,223,156		15.3	%
TOTAL INDIA				108,304,876		20.9	%
INDONESIA — (2.9%)
Bank Central Asia Tbk PT		1,930,600		1,194,754		0.3	%
Bank Mandiri Persero Tbk PT		3,617,900		1,278,927		0.3	%
Bank Rakyat Indonesia Persero Tbk PT		4,715,300		1,643,184		0.3	%
Other Securities				11,186,872		2.1	%
TOTAL INDONESIA				15,303,737		3.0	%

74

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
KUWAIT — (0.5%)
Other Securities			$	2,820,662		0.5	%
MALAYSIA — (2.2%)
Other Securities				11,515,002		2.2	%
MEXICO — (3.4%)
#   America Movil SAB de CV, ADR		100,860		2,167,481		0.4	%
Grupo Financiero Banorte SAB de CV, Class O		234,185		2,029,573		0.4	%
Other Securities				13,368,740		2.6	%
TOTAL MEXICO				17,565,794		3.4	%
PERU — (0.1%)
Other Securities				410,759		0.1	%
PHILIPPINES — (1.0%)
Other Securities				5,231,757		1.0	%
POLAND — (1.3%)
Other Securities				6,804,549		1.3	%
QATAR — (1.3%)
Qatar National Bank QPSC		357,229		1,512,631		0.3	%
Other Securities				5,077,377		1.0	%
TOTAL QATAR				6,590,008		1.3	%
SAUDI ARABIA — (5.2%)
Al Rajhi Bank		105,354		2,174,501		0.4	%
*   Saudi Arabian Mining Co.		62,228		1,164,086		0.2	%
W  Saudi Arabian Oil Co.		136,357		1,314,353		0.3	%
Saudi Basic Industries Corp.		47,222		1,168,398		0.2	%
Saudi National Bank		86,804		1,139,273		0.2	%
Saudi Telecom Co.		119,598		1,439,478		0.3	%
Other Securities				18,759,413		3.7	%
TOTAL SAUDI ARABIA				27,159,502		5.3	%
SOUTH AFRICA — (4.8%)
FirstRand Ltd.		407,207		1,435,108		0.3	%
Gold Fields Ltd., Sponsored ADR		92,937		1,446,100		0.3	%
MTN Group Ltd.		191,668		1,346,239		0.3	%
Other Securities				20,638,200		3.9	%
TOTAL SOUTH AFRICA				24,865,647		4.8	%
SOUTH KOREA — (16.7%)
Hyundai Motor Co.		11,053		1,637,273		0.3	%
KB Financial Group, Inc.		38,362		1,423,852		0.3	%
Kia Corp.		33,121		2,097,661		0.4	%
LG Electronics, Inc.		14,329		1,176,668		0.3	%
POSCO Holdings, Inc.		5,449		1,542,092		0.3	%
Samsung Electronics Co. Ltd.		287,600		14,151,095		2.8	%
W  Samsung Electronics Co. Ltd., GDR		4,189		5,169,226		1.0	%
Shinhan Financial Group Co. Ltd.		45,221		1,183,904		0.3	%
SK Hynix, Inc.		63,257		4,256,151		0.8	%

75

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
SOUTH KOREA — (Continued)
Other Securities			$	53,925,308		10.2	%
TOTAL SOUTH KOREA				86,563,230		16.7	%
TAIWAN — (23.4%)
China Steel Corp.		1,210,000		1,147,607		0.2	%
CTBC Financial Holding Co. Ltd.		1,856,000		1,368,129		0.3	%
Hon Hai Precision Industry Co. Ltd.		643,000		2,191,053		0.4	%
MediaTek, Inc.		131,000		2,848,443		0.6	%
Taiwan Semiconductor Manufacturing Co. Ltd.		1,583,000		25,922,565		5.0	%
United Microelectronics Corp.		840,000		1,351,019		0.3	%
Other Securities				86,728,360		16.7	%
TOTAL TAIWAN				121,557,176		23.5	%
THAILAND — (3.0%)
Other Securities				15,424,376		3.0	%
TURKEY — (1.4%)
Other Securities				7,098,269		1.4	%
UNITED ARAB EMIRATES — (2.2%)
Emaar Properties PJSC		959,166		1,555,058		0.3	%
Emirates Telecommunications Group Co. PJSC		234,115		1,532,506		0.3	%
Other Securities				8,231,420		1.6	%
TOTAL UNITED ARAB EMIRATES				11,318,984		2.2	%
TOTAL COMMON STOCKS				508,514,437		98.3	%
MUTUAL FUNDS — (0.0%)
UNITED STATES — (0.0%)
Other Security				7,954		0.0	%
TOTAL MUTUAL FUNDS				7,954		0.0	%
PREFERRED STOCKS — (1.2%)
BRAZIL — (1.2%)
Itau Unibanco Holding SA		233,500		1,213,425		0.3	%
Petroleo Brasileiro SA		393,214		1,868,393		0.4	%
Other Securities				2,792,299		0.5	%
TOTAL BRAZIL				5,874,117		1.2	%
CHILE — (0.0%)
Other Securities				76,142		0.0	%
COLOMBIA — (0.0%)
Other Securities				53,960		0.0	%
INDIA — (0.0%)
Other Security				72,483		0.0	%
TOTAL PREFERRED STOCKS				6,076,702		1.2	%

76

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED

				Percentage
	Shares	Value»		of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities		$	8,988		0.0	%
KUWAIT — (0.0%)
Other Security			7,490		0.0	%
TAIWAN — (0.0%)
Other Securities			6,429		0.0	%
TOTAL RIGHTS/WARRANTS			22,907		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $538,854,379)			514,622,000

				Percentage
		Value†		of Net Assets
SECURITIES LENDING COLLATERAL — (0.8%)
@§ The DFA Short Term Investment Fund	361,428		4,180,636		0.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $543,034,341)		$	518,802,636		100.3	%

Summary of the Portfolio’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	29,693,702	$	321,905		—	$	30,015,607
Chile		1,302,659		2,556,711		—		3,859,370
Colombia		840,934		3,157		—		844,091
Czech Republic		—		863,740		—		863,740
Egypt		159,521		—		—		159,521
Greece		24,702		3,097,449		—		3,122,151
Hungary		—		1,115,629		—		1,115,629
India		7,882,009		100,403,578	$	19,289		108,304,876
Indonesia		44,394		15,255,026		4,317		15,303,737
Kuwait		2,553,687		266,975		—		2,820,662
Malaysia		—		11,515,002		—		11,515,002
Mexico		17,565,794		—		—		17,565,794
Peru		410,759		—		—		410,759
Philippines		161,211		5,070,546		—		5,231,757
Poland		—		6,804,549		—		6,804,549
Qatar		—		6,590,008		—		6,590,008
Saudi Arabia		30,119		27,129,383		—		27,159,502
South Africa		3,332,227		21,533,420		—		24,865,647
South Korea		5,390,599		81,152,163		20,468		86,563,230
Taiwan		732,684		120,822,248		2,244		121,557,176
Thailand		14,171,352		1,253,024		—		15,424,376
Turkey		—		7,098,269		—		7,098,269
United Arab Emirates		—		11,318,984		—		11,318,984
Preferred Stocks
Brazil		5,858,229		15,888		—		5,874,117
Chile		—		76,142		—		76,142

77

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Colombia	$	53,960		—		—	$	53,960
India		—	$	72,483		—		72,483
Rights/Warrants
Brazil		—		8,988		—		8,988
Kuwait		—		7,490		—		7,490
Taiwan		—		6,429		—		6,429
Mutual Funds		7,954		—		—		7,954
Securities Lending Collateral		—		4,180,636		—		4,180,636
TOTAL	$	90,216,496	$	428,539,822	$	46,318^	$	518,802,636

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

78

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	Large Cap International Portfolio*		International Core Equity Portfolio*		Global Small Company Portfolio		International Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		—	$	88,163	$	10,794,163
Investment Securities at Value (including $330,620, $1,836,732, $0 and $0 of securities on loan, respectively)	$	5,599,568	$	30,091,466		—		—
Temporary Cash Investments at Value & Cost		—		—		—		97,013
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $309,141, $1,647,914, $0 and $0, respectively)		309,153		1,647,995		—		—
Segregated Cash for Futures Contracts		2,016		14,247		—		—
Foreign Currencies at Value		42,646		306,305		—		—
Cash		1,296		12,074		152		1,739
Receivables:
Investment Securities Sold		4,997		58,033		—		—
Dividends, Interest and Tax Reclaims		37,311		214,390		—		373
Securities Lending Income		481		2,715		—		—
Fund Shares Sold		2,052		13,739		17		6,060
Futures Margin Variation		313		2,210		—		4,277
Prepaid Expenses and Other Assets		56		190		12		100
Total Assets		5,999,889		32,363,364		88,344		10,903,725
LIABILITIES:
Payables:
Upon Return of Securities Loaned		309,228		1,648,420		—		—
Investment Securities Purchased		10		35,265		105		—
Fund Shares Redeemed		4,046		23,971		—		7,547
Due to Advisor		651		4,999		11		2,219
Accrued Expenses and Other Liabilities		289		1,693		6		243
Total Liabilities		314,224		1,714,348		122		10,009
NET ASSETS	$	5,685,665	$	30,649,016	$	88,222	$	10,893,716
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $5,685,665; $30,649,016; $88,222 and $10,893,716 and shares outstanding of 222,248,506, 2,064,813,238, 6,661,977 and 578,706,980, respectively	$	25.58	$	14.84	$	13.24	$	18.82
NUMBER OF SHARES AUTHORIZED		1,500,000,000		7,000,000,000		100,000,000		3,000,000,000
Investments in Affiliated Investment Companies at Cost	$	—	$	—	$	81,286		N/A
Investment Securities at Cost	$	3,951,623	$	24,623,656		N/A		N/A
Foreign Currencies at Cost	$	42,536	$	310,799	$	—	$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,478,762	$	25,930,395	$	80,687	$	9,937,777
Total Distributable Earnings (Loss)		1,206,903		4,718,621		7,535		955,939
NET ASSETS	$	5,685,665	$	30,649,016	$	88,222	$	10,893,716

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

79

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	Japanese Small Company Portfolio		Asia Pacific Small Company Portfolio			United Kingdom Small Company Portfolio			Continental Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	247,275	$	222,331		$	22,402		$	764,083
Receivables:
Fund Shares Sold		5		—			—			2
Prepaid Expenses and Other Assets		13		12			11			13
Total Assets		247,293		222,343			22,413			764,098
LIABILITIES:
Payables:
Fund Shares Redeemed		3		7			—			—
Due to Advisor		51		45			5			155
Accrued Expenses and Other Liabilities		20		20			4			19
Total Liabilities		74		72			9			174
NET ASSETS	$	247,219	$	222,271		$	22,404		$	763,924
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $247,219; $222,271; $22,404 and $763,924 and shares outstanding of 11,645,536, 12,338,534, 902,674 and 25,743,038, respectively	$	21.23	$	18.01		$	24.82		$	29.67
NUMBER OF SHARES AUTHORIZED		1,000,000,000		1,000,000,000			1,000,000,000			1,000,000,000
NET ASSETS CONSIST OF:
Paid-In Capital	$	232,337	$	268,358		$	24,802		$	661,532
Total Distributable Earnings (Loss)		14,882		(46,087	)		(2,398	)		102,392
NET ASSETS	$	247,219	$	222,271		$	22,404		$	763,924

See accompanying Notes to Financial Statements.

80

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	DFA International Real Estate Securities Portfolio*			DFA Global Real Estate Securities Portfolio*			DFA International Small Cap Value Portfolio*		International Vector Equity Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	2,849,471			—		—
Investment Securities at Value (including $197,666, $161,633, $386,862 and $215,844 of securities on loan, respectively)	$	4,637,187			5,132,152		$	10,941,548	$	3,253,564
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $193,208, $165,747, $343,040 and $193,879, respectively)		193,234			165,777			343,084		193,882
Segregated Cash for Futures Contracts		1,613			—			6,160		1,411
Foreign Currencies at Value		27,176			—			114,118		34,220
Cash		5,432			—			2,756		655
Receivables:
Investment Securities Sold		13,256			14,742			7,213		6,670
Dividends, Interest and Tax Reclaims		32,172			3,454			100,592		24,405
Securities Lending Income		188			31			518		361
Fund Shares Sold		292			6,765			1,869		1,118
Futures Margin Variation		482			—			869		219
Unrealized Gain on Foreign Currency Contracts		20			—			22		7
Prepaid Expenses and Other Assets		37			81			94		46
Total Assets		4,911,089			8,172,473			11,518,843		3,516,558
LIABILITIES:
Payables:
Upon Return of Securities Loaned		193,402			165,774			343,077		193,901
Investment Securities Purchased		—			—			2,058		5,907
Fund Shares Redeemed		15,479			18,506			5,799		924
Due to Advisor		920			659			3,561		811
Line of Credit		—			2,755			—		—
Accrued Expenses and Other Liabilities		213			367			1,402		290
Total Liabilities		210,014			188,061			355,897		201,833
NET ASSETS	$	4,701,075		$	7,984,412		$	11,162,946	$	3,314,725
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $4,701,075; $7,984,412; $11,162,946 and $3,314,725 and shares outstanding of 1,235,729,434, 804,192,188, 544,898,634 and 255,932,055, respectively	$	3.80		$	9.93		$	20.49	$	12.95
NUMBER OF SHARES AUTHORIZED		4,000,000,000			3,000,000,000			4,600,000,000		1,500,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	3,390,835		$	—	$	—
Investment Securities at Cost	$	4,971,349		$	4,656,800		$	9,793,073	$	2,676,153
Foreign Currencies at Cost	$	27,179		$	—		$	115,487	$	34,440
NET ASSETS CONSIST OF:
Paid-In Capital	$	6,150,122		$	8,170,043		$	9,743,051	$	2,679,992
Total Distributable Earnings (Loss)		(1,449,047	)		(185,631	)		1,419,895		634,733
NET ASSETS	$	4,701,075		$	7,984,412		$	11,162,946	$	3,314,725

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

81

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	International High Relative Profitability Portfolio*		World ex U.S. Value Portfolio		World ex U.S. Core Equity Portfolio*		World ex U.S. Targeted Value Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—	$	253,705		—		—
Investment Securities at Value (including $173,502, $0, $203,323 and $4,373 of securities on loan, respectively)	$	1,716,669		—	$	3,628,687	$	681,945
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $176,681, $0, $173,967 and $1,106, respectively)		176,705		—		173,966		1,106
Segregated Cash for Futures Contracts		33		—		1,848		56
Foreign Currencies at Value		4,715		—		36,760		1,946
Cash		1,534		—		5,318		77
Receivables:
Investment Securities Sold		1,413		—		4,264		1,480
Dividends, Interest and Tax Reclaims		9,021		—		21,410		4,430
Securities Lending Income		132		—		305		16
Fund Shares Sold		414		116		788		401
Futures Margin Variation		71		—		287		8
Unrealized Gain on Foreign Currency Contracts		—		—		5		—
Prepaid Expenses and Other Assets		44		12		42		29
Total Assets		1,910,751		253,833		3,873,680		691,494
LIABILITIES:
Payables:
Upon Return of Securities Loaned		176,725		—		174,029		1,107
Investment Securities Purchased		3,789		—		5,095		271
Fund Shares Redeemed		2,317		71		1,299		199
Due to Advisor		356		28		753		224
Line of Credit		—		25		—		382
Unrealized Loss on Foreign Currency Contracts		14		—		—		—
Deferred Taxes Payable		—		—		6,252		701
Accrued Expenses and Other Liabilities		165		33		547		196
Total Liabilities		183,366		157		187,975		3,080
NET ASSETS	$	1,727,385	$	253,676	$	3,685,705	$	688,414
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares —   based on net assets of $1,727,385; $253,676; $3,685,705 and $688,414 and shares outstanding of 141,102,763, 21,034,911, 297,658,489 and 51,970,930, respectively	$	12.24	$	12.06	$	12.38	$	13.25
NUMBER OF SHARES AUTHORIZED		500,000,000		1,000,000,000		1,500,000,000		1,000,000,000
Investments in Affiliated Investment Companies at Cost	$	—	$	216,767	$	—	$	—
Investment Securities at Cost	$	1,448,936		N/A	$	3,119,553	$	654,593
Foreign Currencies at Cost	$	4,715	$	—	$	37,046	$	1,943
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,505,142	$	224,830	$	3,204,073	$	671,790
Total Distributable Earnings (Loss)		222,243		28,846		481,632		16,624
NET ASSETS	$	1,727,385	$	253,676	$	3,685,705	$	688,414

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

82

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	World Core Equity Portfolio		Selectively Hedged Global Equity Portfolio		Emerging Markets Portfolio		Emerging Markets Small Cap Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	1,044,123	$	277,209	$	4,490,468	$	3,981,867
Temporary Cash Investments at Value & Cost		271		—		—		—
Segregated Cash for Futures Contracts		—		202		—		—
Cash		—		4,091		—		—
Receivables:
Dividends and Interest		2		—		—		—
Fund Shares Sold		75		26		3,660		691
Futures Margin Variation		—		32		—		—
Unrealized Gain on Forward Currency Contracts		—		566		—		—
Prepaid Expenses and Other Assets		20		14		42		38
Total Assets		1,044,491		282,140		4,494,170		3,982,596
LIABILITIES:
Payables:
Investment Securities/Affiliated Investment Companies Purchased		79		—		—		—
Fund Shares Redeemed		428		174		1,407		744
Due to Advisor		50		9		704		1,048
Unrealized Loss on Forward Currency Contracts		—		1,013		—		—
Accrued Expenses and Other Liabilities		35		12		193		150
Total Liabilities		592		1,208		2,304		1,942
NET ASSETS	$	1,043,899	$	280,932	$	4,491,866	$	3,980,654
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,043,899; $280,932; $4,491,866 and $3,980,654 and shares outstanding of 52,183,086, 15,373,896, 170,117,500 and 187,307,912, respectively	$	20.00	$	18.27	$	26.40	$	21.25
NUMBER OF SHARES AUTHORIZED		1,000,000,000		1,000,000,000		1,500,000,000		1,500,000,000
Investments in Affiliated Investment Companies at Cost	$	756,025	$	173,567		N/A		N/A
NET ASSETS CONSIST OF:
Paid-In Capital	$	774,455	$	177,273	$	3,026,906	$	3,686,736
Total Distributable Earnings (Loss)		269,444		103,659		1,464,960		293,918
NET ASSETS	$	1,043,899	$	280,932	$	4,491,866	$	3,980,654

See accompanying Notes to Financial Statements.

83

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	Emerging Markets Value Portfolio			Emerging Markets Core Equity Portfolio*		Emerging Markets Targeted Value Portfolio*		Emerging Markets ex China Core Equity Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value	$	10,448,657			—		—		—
Investment Securities at Value (including $0, $898,497, $5,480 and $6,785 of securities on loan, respectively)		—		$	24,114,972	$	220,115	$	514,622
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $0, $209,641, $888 and $4,180, respectively)		—			209,654		889		4,181
Segregated Cash for Futures Contracts		—			12,051		78		—
Foreign Currencies at Value		—			244,243		1,381		1,527
Cash		—			21,169		113		4,593
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			15,329		753		47
Dividends and Interest		—			62,961		402		1,587
Securities Lending Income		—			3,025		24		13
Fund Shares Sold		3,192			13,506		67		740
Futures Margin Variation		—			1,869		12		—
Unrealized Gain on Foreign Currency Contracts		—			4		—		—
Prepaid Expenses and Other Assets		71			197		15		16
Total Assets		10,451,920			24,698,980		223,849		527,326
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			209,770		890		4,180
Investment Securities/Affiliated Investment Companies Purchased		—			28,034		196		4,162
Fund Shares Redeemed		9,269			9,224		39		1,324
Due to Advisor		2,397			6,606		95		117
Unrealized Loss on Foreign Currency Contracts		—			1		—		—
Deferred Taxes Payable		—			140,639		997		—
Accrued Expenses and Other Liabilities		467			5,865		62		230
Total Liabilities		12,133			400,139		2,279		10,013
NET ASSETS	$	10,439,787		$	24,298,841	$	221,570	$	517,313
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $17,850; $0; $0 and $0 and shares outstanding of 645,170, 0, 0 and 0, respectively	$	27.67			N/A		N/A		N/A
NUMBER OF SHARES AUTHORIZED		200,000,000			N/A		N/A		N/A
Institutional Class Shares — based on net assets of $10,421,937; $24,298,841; $221,570 and $517,313 and shares outstanding of 374,122,884, 1,143,876,194, 21,360,203 and 59,964,994, respectively	$	27.86		$	21.24	$	10.37	$	8.63
NUMBER OF SHARES AUTHORIZED		3,000,000,000			5,000,000,000		500,000,000		500,000,000
Investment Securities at Cost		N/A		$	19,302,537	$	211,270	$	538,854
Foreign Currencies at Cost	$	—		$	242,160	$	1,382	$	1,527
NET ASSETS CONSIST OF:
Paid-In Capital	$	10,808,675		$	22,072,448	$	207,868	$	565,227
Total Distributable Earnings (Loss)		(368,888	)		2,226,393		13,702		(47,914	)
NET ASSETS	$	10,439,787		$	24,298,841	$	221,570	$	517,313

* See Note K in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

84

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	Large Cap International Portfolio#			International Core Equity Portfolio#			Global Small Company Portfolio*			International Small Company Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $52 and $15,814, respectively)		—			—		$	479		$	152,975
Income from Securities Lending		—			—			29			5,693
Expenses Allocated from Affiliated Investment Companies		—			—			(29	)		(6,170	)
Income Distributions Received from Affiliated Investment Companies		—			—			321			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			800			152,498
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $8,738, $49,787, $0 and $0, respectively)	$	87,291		$	483,925			—			—
Income from Securities Lending		1,508			10,350			—			—
Total Fund Investment Income		88,799			494,275			—			—
Fund Expenses
Investment Management Fees		3,771			29,158			153			13,024
Accounting & Transfer Agent Fees		425			2,350			9			672
Custodian Fees		209			1,167			1			—
Filing Fees		44			233			9			81
Shareholders’ Reports		60			244			3			239
Directors’/Trustees’ Fees & Expenses		21			115			—			42
Professional Fees		35			189			—			45
Previously Waived Fees Recovered by Advisor (Note C)		—			—			6			—
Other		91			502			1			55
Total Fund Expenses		4,656			33,958			182			14,158
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			98			—
Fees Paid Indirectly (Note C)		197			394			—			—
Net Expenses		4,459			33,564			84			14,158
Net Investment Income (Loss)		84,340			460,711			716			138,340
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities.		—			—			1,921			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(11,022	)		(7,753	)		—			—
Affiliated Investment Companies Shares Sold		14			71			(335	)		—
Transactions Allocated from Affiliated Investment Company**		—			—			83			46,873
Futures		4,681			6,001			—			6,269
Foreign Currency Transactions		2,643			14,301			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		980,906			5,215,894			—			—
Affiliated Investment Companies Shares		106			689			(2,257	)		—
Transactions Allocated from Affiliated Investment Company		—			—			5,632			1,733,187
Futures		29			6,702			—			1,864
Translation of Foreign Currency-Denominated Amounts		996			7,384			—			—
Net Realized and Unrealized Gain (Loss)		978,353			5,243,289			5,044			1,788,193
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,062,693		$	5,704,000		$	5,760		$	1,926,533

** Net of foreign capital gain taxes withheld of $0, $0, $14 and $0, respectively.

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

85

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	Japanese Small Company Portfolio*			Asia Pacific Small Company Portfolio*			United Kingdom Small Company Portfolio*			Continental Small Company Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $444, $58, $2 and $1,435, respectively)	$	3,993		$	4,024		$	340		$	9,625
Income from Securities Lending		89			326			3			399
Expenses Allocated from Affiliated Investment Companies		(155	)		(142	)		(12	)		(437	)
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		3,927			4,208			331			9,587
Fund Expenses
Investment Management Fees		450			400			37			1,253
Accounting & Transfer Agent Fees		25			27			2			65
Filing Fees		10			9			9			10
Shareholders’ Reports		4			3			3			4
Directors’/Trustees’ Fees & Expenses		2			1			—			3
Professional Fees		1			1			—			3
Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			1
Other		1			2			—			2
Total Fund Expenses		493			443			51			1,341
Fees Waived, Expenses Reimbursed by Advisor (Note C)		129			115			11			359
Net Expenses		364			328			40			982
Net Investment Income (Loss)		3,563			3,880			291			8,605
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		7,071			(1,566	)		(117	)		1,315
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		37,377			28,177			4,452			147,741
Net Realized and Unrealized Gain (Loss)		44,448			26,611			4,335			149,056
Net Increase (Decrease) in Net Assets Resulting from Operations	$	48,011		$	30,491		$	4,626		$	157,661

** Net of foreign capital gain taxes withheld of $0, $0, $0 and $0, respectively.

* 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.

86

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	DFA International Real Estate Securities Portfolio#			DFA Global Real Estate Securities Portfolio#			DFA International Small Cap Value Portfolio#			International Vector Equity Portfolio#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Income Distributions Received from Affiliated Investment Companies		—		$	4,940			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			4,940			—			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $14,646, $0, $20,344 and $5,918, respectively)	$	100,035			97,927		$	195,845		$	52,795
Income from Securities Lending		2,127			181			2,640			1,320
Total Fund Investment Income		102,162			98,108			198,485			54,115
Fund Expenses
Investment Management Fees		5,591			7,832			20,973			4,774
Accounting & Transfer Agent Fees		243			655			846			313
Custodian Fees		261			18			940			210
Filing Fees		28			72			87			71
Shareholders’ Reports		36			156			132			39
Directors’/Trustees’ Fees & Expenses		19			33			42			13
Professional Fees		32			37			82			21
Other		96			83			191			58
Total Fund Expenses		6,306			8,886			23,293			5,499
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			3,434			—			—
Fees Paid Indirectly (Note C)		245			18			191			144
Net Expenses		6,061			5,434			23,102			5,355
Net Investment Income (Loss)		96,101			97,614			175,383			48,760
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			8,561			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(156,158	)		5,149			313,703			56,797
Affiliated Investment Companies Shares Sold		11			8,752			(20	)		1
Futures		1,433			957			4,667			502
Foreign Currency Transactions		2,008			—			7,507			1,520
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		607,172			47,006			1,692,031			518,978
Affiliated Investment Companies Shares		103			326,427			164			69
Futures		(1,155	)		(1,144	)		1,053			719
Translation of Foreign Currency-Denominated Amounts		1,571			—			2,030			519
Net Realized and Unrealized Gain (Loss)		454,985			395,708			2,021,135			579,105
Net Increase (Decrease) in Net Assets Resulting from Operations	$	551,086		$	493,322		$	2,196,518		$	627,865

** Net of foreign capital gain taxes withheld of $0, $0, $0 and $0, respectively.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

87

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	International High Relative Profitability Portfolio#			World ex U.S. Value Portfolio*			World ex U.S. Core Equity Portfolio#			World ex U.S. Targeted Value Portfolio#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $499, $0 and $0, respectively)		—		$	4,523			—			—
Income from Securities Lending		—			72			—			—
Expenses Allocated from Affiliated Investment Companies		—			(204	)		—			—
Income Distributions Received from Affiliated Investment Companies		—			188			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			4,579			—			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $2,778, $0, $6,001 and $1,070, respectively)	$	25,652			—		$	53,989		$	9,679
Income from Securities Lending		542			—			1,326			90
Total Fund Investment Income		26,194			—			55,315			9,769
Fund Expenses
Investment Management Fees		2,131			381			4,394			1,302
Accounting & Transfer Agent Fees		179			10			299			76
Custodian Fees		83			—			426			170
Filing Fees		31			11			23			24
Shareholders’ Reports		43			5			38			17
Directors’/Trustees’ Fees & Expenses		7			1			14			3
Professional Fees		11			1			44			19
Other		67			1			67			14
Total Fund Expenses		2,552			410			5,305			1,625
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			221			—			—
Fees Paid Indirectly (Note C)		19			—			35			14
Net Expenses		2,533			189			5,270			1,611
Net Investment Income (Loss)		23,661			4,390			50,045			8,158
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		221			—			(7,089	)		(2,120	)
Affiliated Investment Companies Shares Sold		(11	)		8			(3	)		—
Transactions Allocated from Affiliated Investment Company**		—			348			—			—
Futures		134			—			1,181			128
Foreign Currency Transactions		564			—			1,662			119
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		312,704			—			592,913			113,390
Affiliated Investment Companies Shares		66			3,749			71			1
Transactions Allocated from Affiliated Investment Company		—			33,551			—			—
Futures		13			—			637			3
Translation of Foreign Currency-Denominated Amounts		312			—			521			84
Net Realized and Unrealized Gain (Loss)		314,003			37,656			589,893			111,605
Net Increase (Decrease) in Net Assets Resulting from Operations	$	337,664		$	42,046		$	639,938		$	119,763

** Net of foreign capital gain taxes withheld of $0, $59, $131 and $88, respectively.

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

88

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	World Core Equity Portfolio			Selectively Hedged Global Equity Portfolio			Emerging Markets Portfolio*			Emerging Markets Small Cap Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $6,629 and $4,780, respectively)		—		$	82		$	61,294		$	37,267
Income from Securities Lending		—			—			1,804			5,668
Expenses Allocated from Affiliated Investment Companies		—			—			(3,184	)		(4,940	)
Income Distributions Received from Affiliated Investment Companies	$	6,922			1,947			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		6,922			2,029			59,914			37,995
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $0, $0 and $0, respectively)		7			3			—			—
Total Fund Investment Income		7			3			—			—
Fund Expenses
Investment Management Fees		1,096			332			6,366			10,065
Accounting & Transfer Agent Fees		68			26			279			250
Custodian Fees		1			1			—			—
Filing Fees		14			12			57			27
Shareholders’ Reports		8			7			81			45
Directors’/Trustees’ Fees & Expenses		4			1			18			15
Professional Fees		4			1			19			16
Previously Waived Fees Recovered by Advisor (Note C)		9			—			—			—
Other		10			1			12			11
Total Fund Expenses		1,214			381			6,832			10,429
Fees Waived, Expenses Reimbursed by Advisor (Note C)		870			275			2,195			3,871
Fees Paid Indirectly (Note C)		—			1			—			—
Net Expenses		344			105			4,637			6,558
Net Investment Income (Loss)		6,585			1,927			55,277			31,437
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		13,934			4,198			—			—
Net Realized Gain (Loss) on:
Affiliated Investment Companies Shares Sold		(3,308	)		3,792			—			—
Transactions Allocated from Affiliated Investment Company**		—			—			(17,705	)		60,799
Futures		—			(106	)		—			—
Forward Currency Contracts		—			(3,602	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Affiliated Investment Companies Shares		94,126			21,881			—			—
Transactions Allocated from Affiliated Investment Company		—			—			638,337			472,830
Futures		—			311			—			—
Forward Currency Contracts		—			(551	)		—			—
Net Realized and Unrealized Gain (Loss)		104,752			25,923			620,632			533,629
Net Increase (Decrease) in Net Assets Resulting from Operations	$	111,337		$	27,850		$	675,909		$	565,066

** Net of foreign capital gain taxes withheld of $0, $0, $1,897 and $5,229, respectively.

* 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.

89

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	Emerging Markets Value Portfolio*			Emerging Markets Core Equity Portfolio#			Emerging Markets Targeted Value Portfolio#			Emerging Markets ex China Core Equity Portfolio#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $15,938, $0, $0 and $0, respectively)	$	160,669			—			—			—
Interest		269			—			—			—
Income from Securities Lending		3,867			—			—			—
Expenses Allocated from Affiliated Investment Companies		(7,382	)		—			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		157,423			—			—			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $34,122, $302 and $939, respectively)		—		$	317,191		$	2,210		$	7,440
Income from Securities Lending		—			16,523			148			84
Total Fund Investment Income		—			333,714			2,358			7,524
Fund Expenses
Investment Management Fees		19,589			38,903			549			778
Accounting & Transfer Agent Fees		490			1,893			24			42
Custodian Fees		—			5,433			95			242
Shareholder Servicing Fees
Class R2 Shares		20			—			—			—
Filing Fees		68			185			16			25
Shareholders’ Reports		92			319			10			10
Directors’/Trustees’ Fees & Expenses		42			95			1			2
Professional Fees		42			194			13			9
Organizational & Offering Costs		—			—			—			4
Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			37
Other		28			431			5			28
Total Fund Expenses		20,371			47,453			713			1,177
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			—			163
Class R2 Shares		8			—			—			—
Institutional Class Shares		5,147			—			—			—
Fees Paid Indirectly (Note C)		—			824			19			22
Net Expenses		15,216			46,629			694			992
Net Investment Income (Loss)		142,207			287,085			1,664			6,532
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		—			(239,832	)		7,055			(6,780	)
Affiliated Investment Companies Shares Sold		—			6			—			—
Transactions Allocated from Affiliated Investment Company**		(18,504	)		—			—			—
Futures		—			8,352			100			356
Foreign Currency Transactions		—			3,294			(12	)		49
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			3,740,464			21,975			52,187
Affiliated Investment Companies Shares		—			189			2			4
Transactions Allocated from Affiliated Investment Company		1,521,423			—			—			—
Futures		—			3,333			66			—
Translation of Foreign Currency-Denominated Amounts		—			277			3			5
Net Realized and Unrealized Gain (Loss)		1,502,919			3,516,083			29,189			45,821
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,645,126		$	3,803,168		$	30,853		$	52,353

** Net of foreign capital gain taxes withheld of $8,450, $6,847, $262 and $9, respectively.

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

90

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Large Cap International Portfolio						International Core Equity Portfolio						Global Small Company Portfolio***
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	84,340		$	173,632		$	460,711		$	1,015,999		$	716		$	1,497
Capital Gain Distributions Received from Investment Securities		—			—			—			—			1,921			3,071
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(11,022	)		(72,788	)		(7,753	)		425,701			—			—
Affiliated Investment Companies Shares Sold		14			(41	)		71			(333	)		(335	)		(1,418	)
Transactions Allocated from Affiliated Investment Company*,**		—			—			—			—			83			(2,875	)
Futures		4,681			(12,682	)		6,001			(44,185	)		—			34
Foreign Currency Transactions		2,643			(5,948	)		14,301			(47,812	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		980,906			(1,377,779	)		5,215,894			(9,090,912	)		—			—
Affiliated Investment Companies Shares		106			(125	)		689			(769	)		(2,257	)		(7,951	)
Transactions Allocated from Affiliated Investment Company		—			—			—			—			5,632			(8,701	)
Futures		29			(202	)		6,702			(3,107	)		—			—
Translation of Foreign Currency-Denominated Amounts		996			(977	)		7,384			(7,919	)		—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		1,062,693			(1,296,910	)		5,704,000			(7,753,337	)		5,760			(16,343	)
Distributions:
Institutional Class Shares		(38,334	)		(180,306	)		(163,375	)		(1,137,900	)		(1,067	)		(3,556	)
Capital Share Transactions (1):
Shares Issued		443,438			1,451,460			1,773,748			6,677,971			6,009			23,030
Shares Issued in Lieu of Cash Distributions		35,229			166,053			157,186			1,093,925			1,067			3,556
Shares Redeemed		(638,039	)		(1,351,800	)		(3,030,749	)		(7,302,036	)		(6,467	)		(23,398	)
Net Increase (Decrease) from Capital Share Transactions		(159,372	)		265,713			(1,099,815	)		469,860			609			3,188
Total Increase (Decrease) in Net Assets		864,987			(1,211,503	)		4,440,810			(8,421,377	)		5,302			(16,711	)
Net Assets
Beginning of Period		4,820,678			6,032,181			26,208,206			34,629,583			82,920			99,631
End of Period	$	5,685,665		$	4,820,678		$	30,649,016		$	26,208,206		$	88,222		$	82,920
(1) Shares Issued and Redeemed:
Shares Issued		18,686			60,402			126,798			474,529			449			1,720
Shares Issued in Lieu of Cash Distributions		1,484			7,097			11,364			80,934			82			241
Shares Redeemed		(26,867	)		(56,865	)		(218,008	)		(529,452	)		(490	)		(1,759	)
Net Increase (Decrease) from Shares Issued and Redeemed		(6,697	)		10,634			(79,846	)		26,011			41			202

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $14, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $22, respectively.

*** 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.

91

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			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	138,340		$	316,287		$	3,563		$	7,212		$	3,880		$	12,767
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company*,**		46,873			164,767			7,071			12,397			(1,566	)		14,514
Futures		6,269			(19,889	)		—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		1,733,187			(3,930,327	)		37,377			(107,385	)		28,177			(124,402	)
Futures		1,864			271			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		1,926,533			(3,468,891	)		48,011			(87,776	)		30,491			(97,121	)
Distributions:
Institutional Class Shares		(231,761	)		(851,167	)		(15,684	)		(18,487	)		(23,333	)		(42,269	)
Capital Share Transactions (1):
Shares Issued		860,205			2,335,205			5,848			25,594			3,567			4,042
Shares Issued in Lieu of Cash Distributions		227,044			834,024			15,682			18,485			23,330			42,264
Shares Redeemed		(1,208,400	)		(2,994,929	)		(74,189	)		(50,102	)		(41,986	)		(58,204	)
Net Increase (Decrease) from Capital Share Transactions		(121,151	)		174,300			(52,659	)		(6,023	)		(15,089	)		(11,898	)
Total Increase (Decrease) in Net Assets		1,573,621			(4,145,758	)		(20,332	)		(112,286	)		(7,931	)		(151,288	)
Net Assets
Beginning of Period		9,320,095			13,465,853			267,551			379,837			230,202			381,490
End of Period	$	10,893,716		$	9,320,095		$	247,219		$	267,551		$	222,271		$	230,202
(1) Shares Issued and Redeemed:
Shares Issued		48,154			123,348			289			1,240			200			194
Shares Issued in Lieu of Cash Distributions		12,883			41,490			793			765			1,295			1,874
Shares Redeemed		(67,515	)		(157,815	)		(3,755	)		(2,408	)		(2,390	)		(2,997	)
Net Increase (Decrease) from Shares Issued and Redeemed		(6,478	)		7,023			(2,673	)		(403	)		(895	)		(929	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

*** 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.

92

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			Year			Six Months			Year			Six Months			Year
	Ended Apr 30,			Ended Oct 31,			Ended Apr 30,			Ended Oct 31,			Ended Apr 30,			Ended Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	291		$	1,003		$	8,605		$	20,054		$	96,101		$	199,913
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		—			—			—			—			(156,158	)		(97,218	)
Affiliated Investment Companies Shares Sold		—			—			—			—			11			(101	)
Transactions Allocated from Affiliated Investment Company*,**		(117	)		(2,989	)		1,315			(26,021	)		—			—
Futures		—			—			—			—			1,433			(4,273	)
Foreign Currency Transactions		—			—			—			—			2,008			(5,807	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			—			—			—			607,172			(1,783,196	)
Affiliated Investment Companies Shares		—			—			—			—			103			(106	)
Transactions Allocated from Affiliated Investment Company		4,452			(9,155	)		147,741			(261,540	)		—			—
Futures		—			—			—			—			(1,155	)		171
Translation of Foreign Currency-Denominated Amounts		—			—			—			—			1,571			(1,176	)
Net Increase (Decrease) in Net Assets Resulting from Operations		4,626			(11,141	)		157,661			(267,507	)		551,086			(1,691,793	)
Distributions:
Institutional Class Shares		(73	)		(1,908	)		(4,016	)		(37,480	)		—			(447,007	)
Capital Share Transactions (1):
Shares Issued		1,556			2,169			3,230			69,996			316,025			1,001,675
Shares Issued in Lieu of Cash Distributions		73			1,908			4,016			37,477			—			444,430
Shares Redeemed		(2,176	)		(16,763	)		(13,290	)		(53,922	)		(618,184	)		(842,621	)
Net Increase (Decrease) from Capital Share Transactions		(547	)		(12,686	)		(6,044	)		53,551			(302,159	)		603,484
Total Increase (Decrease) in Net Assets		4,006			(25,735	)		147,601			(251,436	)		248,927			(1,535,316	)
Net Assets
Beginning of Period		18,398			44,133			616,323			867,759			4,452,148			5,987,464
End of Period	$	22,404		$	18,398		$	763,924		$	616,323		$	4,701,075		$	4,452,148
(1) Shares Issued and Redeemed:
Shares Issued		69			97			117			2,142			85,213			242,147
Shares Issued in Lieu of Cash Distributions		3			71			149			1,270			—			96,826
Shares Redeemed		(94	)		(634	)		(478	)		(2,058	)		(166,569	)		(209,429	)
Net Increase (Decrease) from Shares Issued and Redeemed		(22	)		(466	)		(212	)		1,354			(81,356	)		129,544

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

*** 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.

93

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			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	97,614		$	397,376		$	175,383		$	357,490		$	48,760		$	105,563
Capital Gain Distributions Received from Investment Securities		8,561			8,517			—			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		5,149			71,264			313,703			16,007			56,797			(2,689	)
Affiliated Investment Companies Shares Sold		8,752			196,468			(20	)		9			1			(9	)
Futures		957			174			4,667			(36,186	)		502			(3,680	)
Foreign Currency Transactions		—			—			7,507			(19,023	)		1,520			(5,208	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		47,006			(1,350,594	)		1,692,031			(2,899,988	)		518,978			(921,097	)
Affiliated Investment Companies Shares		326,427			(1,630,271	)		164			(167	)		69			(86	)
Futures		(1,144	)		1,144			1,053			(1,079	)		719			(387	)
Translation of Foreign Currency-Denominated Amounts		—			—			2,030			(2,550	)		519			(575	)
Net Increase (Decrease) in Net Assets Resulting from Operations		493,322			(2,305,922	)		2,196,518			(2,585,487	)		627,865			(828,168	)
Distributions:
Institutional Class Shares		(427,031	)		(480,433	)		(110,253	)		(516,572	)		(23,893	)		(187,309	)
Capital Share Transactions (1):
Shares Issued		1,033,059			2,104,042			450,483			2,106,642			122,346			877,531
Shares Issued in Lieu of Cash Distributions		409,942			461,594			95,489			455,244			23,723			186,180
Shares Redeemed		(1,395,953	)		(2,445,794	)		(1,133,991	)		(2,579,838	)		(318,247	)		(882,093	)
Net Increase (Decrease) from Capital Share Transactions		47,048			119,842			(588,019	)		(17,952	)		(172,178	)		181,618
Total Increase (Decrease) in Net Assets		113,339			(2,666,513	)		1,498,246			(3,120,011	)		431,794			(833,859	)
Net Assets
Beginning of Period		7,871,073			10,537,586			9,664,700			12,784,711			2,882,931			3,716,790
End of Period	$	7,984,412		$	7,871,073		$	11,162,946		$	9,664,700		$	3,314,725		$	2,882,931
(1) Shares Issued and Redeemed:
Shares Issued		104,042			180,469			23,507			109,457			10,153			73,372
Shares Issued in Lieu of Cash Distributions		40,790			35,644			5,148			23,531			1,985			14,949
Shares Redeemed		(138,704	)		(210,655	)		(58,842	)		(135,322	)		(26,368	)		(74,366	)
Net Increase (Decrease) from Shares Issued and Redeemed		6,128			5,458			(30,187	)		(2,334	)		(14,230	)		13,955

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

94

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	International High Relative Profitability Portfolio						World ex U.S. Value Portfolio***						World ex U.S. Core Equity Portfolio
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	23,661		$	63,382		$	4,390		$	9,610		$	50,045		$	118,511
Capital Gain Distributions Received from Investment Securities		—			—			—			195			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		221			(55,920	)		—			—			(7,089	)		77,983
Affiliated Investment Companies Shares Sold		(11	)		(25	)		8			636			(3	)		(24	)
Transactions Allocated from Affiliated Investment Company*,**		—			—			348			(201	)		—			—
Futures		134			291			—			(44	)		1,181			(3,864	)
Foreign Currency Transactions		564			(936	)		—			—			1,662			(4,896	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		312,704			(536,106	)		—			—			592,913			(1,093,022	)
Affiliated Investment Companies Shares		66			(47	)		3,749			(6,125	)		71			(95	)
Transactions Allocated from Affiliated Investment Company		—			—			33,551			(42,768	)		—			—
Futures		13			—			—			—			637			(167	)
Translation of Foreign Currency-Denominated Amounts		312			(283	)		—			—			521			(568	)
Net Increase (Decrease) in Net Assets Resulting from Operations		337,664			(529,644	)		42,046			(38,697	)		639,938			(906,142	)
Distributions:
Institutional Class Shares		(14,593	)		(79,006	)		(2,752	)		(10,666	)		(29,995	)		(119,142	)
Capital Share Transactions (1):
Shares Issued		104,382			699,881			41,605			40,039			196,827			732,628
Shares Issued in Lieu of Cash Distributions		14,240			77,582			2,631			10,666			29,861			118,577
Shares Redeemed		(320,942	)		(745,903	)		(24,113	)		(115,749	)		(272,986	)		(793,027	)
Net Increase (Decrease) from Capital Share Transactions		(202,320	)		31,560			20,123			(65,044	)		(46,298	)		58,178
Total Increase (Decrease) in Net Assets		120,751			(577,090	)		59,417			(114,407	)		563,645			(967,106	)
Net Assets
Beginning of Period		1,606,634			2,183,724			194,259			308,666			3,122,060			4,089,166
End of Period	$	1,727,385		$	1,606,634		$	253,676		$	194,259		$	3,685,705		$	3,122,060
(1) Shares Issued and Redeemed:
Shares Issued		9,077			57,992			3,719			3,535			16,722			60,965
Shares Issued in Lieu of Cash Distributions		1,207			6,680			234			952			2,538			10,302
Shares Redeemed		(27,969	)		(64,934	)		(2,086	)		(9,687	)		(23,237	)		(65,101	)
Net Increase (Decrease) from Shares Issued and Redeemed		(17,685	)		(262	)		1,867			(5,200	)		(3,977	)		6,166

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $59 and $131, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $75 and $223, respectively.

*** 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.

95

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	World ex U.S. Targeted Value Portfolio						World Core Equity Portfolio						Selectively Hedged Global Equity Portfolio
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	8,158		$	20,671		$	6,585		$	22,962		$	1,927		$	6,856
Capital Gain Distributions Received from Investment Securities		—			—			13,934			16,695			4,198			6,687
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(2,120	)		(12,143	)		—			—			—			—
Affiliated Investment Companies Shares Sold		—			(1	)		(3,308	)		(8,828	)		3,792			3,300
Futures		128			174			—			(6	)		(106	)		(251	)
Foreign Currency Transactions		119			(839	)		—			—			—			—
Forward Currency Contracts		—			—			—			—			(3,602	)		11,432
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		113,390			(177,379	)		—			—			—			—
Affiliated Investment Companies Shares		1			(1	)		94,126			(213,117	)		21,881			(71,420	)
Futures		3			(46	)		—			—			311			(234	)
Translation of Foreign Currency-Denominated Amounts		84			71			—			—			—			—
Forward Currency Contracts		—			—			—			—			(551	)		(243	)
Net Increase (Decrease) in Net Assets Resulting from Operations		119,763			(169,493	)		111,337			(182,294	)		27,850			(43,873	)
Distributions:
Institutional Class Shares.		(4,713	)		(56,676	)		(20,214	)		(31,168	)		(24,285	)		(21,529	)
Capital Share Transactions (1):
Shares Issued		53,480			303,674			53,547			287,694			14,273			39,834
Shares Issued in Lieu of Cash Distributions		4,706			56,609			17,647			30,117			24,140			21,408
Shares Redeemed		(52,379	)		(340,881	)		(67,435	)		(244,046	)		(31,754	)		(73,839	)
Net Increase (Decrease) from Capital Share Transactions		5,807			19,402			3,759			73,765			6,659			(12,597	)
Total Increase (Decrease) in Net Assets		120,857			(206,767	)		94,882			(139,697	)		10,224			(77,999	)
Net Assets
Beginning of Period		567,557			774,324			949,017			1,088,714			270,708			348,707
End of Period	$	688,414		$	567,557		$	1,043,899		$	949,017		$	280,932		$	270,708
(1) Shares Issued and Redeemed:
Shares Issued		4,293			24,012			2,760			14,000			791			2,058
Shares Issued in Lieu of Cash Distributions		376			4,258			918			1,512			1,379			1,017
Shares Redeemed		(4,200	)		(27,420	)		(3,510	)		(11,765	)		(1,762	)		(3,709	)
Net Increase (Decrease) from Shares Issued and Redeemed		469			850			168			3,747			408			(634	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $88, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $429, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

96

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Emerging Markets Portfolio***						Emerging Markets Small Cap Portfolio***						Emerging Markets Value Portfolio***
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	55,277		$	156,764		$	31,437		$	114,895		$	142,207		$	530,555
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company*,**		(17,705	)		17,009			60,799			98,361			(18,504	)		351,369
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		638,337			(1,618,027	)		472,830			(1,298,644	)		1,521,423			(3,262,606	)
Net Increase (Decrease) in Net Assets Resulting from Operations		675,909			(1,444,254	)		565,066			(1,085,388	)		1,645,126			(2,380,682	)
Distributions:
Class R2 Shares		—			—			—			—			(222	)		(643	)
Institutional Class Shares		(51,785	)		(372,779	)		(101,833	)		(329,169	)		(161,236	)		(558,273	)
Total Distributions		(51,785	)		(372,779	)		(101,833	)		(329,169	)		(161,458	)		(558,916	)
Capital Share Transactions (1):
Shares Issued		323,990			1,486,746			202,951			598,832			542,592			1,872,666
Shares Issued in Lieu of Cash Distributions		50,062			359,767			95,003			308,292			154,654			536,547
Shares Redeemed		(445,091	)		(2,315,886	)		(292,442	)		(1,096,582	)		(1,354,208	)		(3,128,244	)
Net Increase (Decrease) from Capital Share Transactions		(71,039	)		(469,373	)		5,512			(189,458	)		(656,962	)		(719,031	)
Total Increase (Decrease) in Net Assets		553,085			(2,286,406	)		468,745			(1,604,015	)		826,706			(3,658,629	)
Net Assets
Beginning of Period		3,938,781			6,225,187			3,511,909			5,115,924			9,613,081			13,271,710
End of Period	$	4,491,866		$	3,938,781		$	3,980,654		$	3,511,909		$	10,439,787		$	9,613,081
(1) Shares Issued and Redeemed:
Shares Issued		12,509			53,138			9,686			26,598			20,086			64,891
Shares Issued in Lieu of Cash Distributions		1,945			12,564			4,620			13,241			5,762			19,778
Shares Redeemed		(17,257	)		(81,119	)		(14,197	)		(49,181	)		(50,396	)		(106,929	)
Net Increase (Decrease) from Shares Issued and Redeemed		(2,803	)		(15,417	)		109			(9,342	)		(24,548	)		(22,260	)

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $1,897, $5,229 and $8,450, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $4,859, $9,037 and $11,422, respectively.

*** 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.

97

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Emerging Markets Core Equity Portfolio						Emerging Markets Targeted Value Portfolio						Emerging Markets ex China Core Equity Portfolio Ʊ
																Period
																Nov 15,
	Six Months			Year			Six Months			Year			Six Months			2021 Ʊ
	Ended			Ended			Ended			Ended			Ended			to
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2023			2022			2023			2022			2023			2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	287,085		$	883,592		$	1,664		$	5,721		$	6,532		$	11,116
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(239,832	)		75,499			7,055			5,284			(6,780	)		(19,163	)
Affiliated Investment Companies Shares Sold		6			(37	)		—			(1	)		—			—
Futures		8,352			(37,872	)		100			(135	)		356			(495	)
Foreign Currency Transactions		3,294			(25,138	)		(12	)		(127	)		49			(256	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		3,740,464			(8,179,321	)		21,975			(60,418	)		52,187			(76,418	)
Affiliated Investment Companies Shares		189			(254	)		2			(1	)		4			(3	)
Futures		3,333			(2,325	)		66			(54	)		—			—
Translation of Foreign Currency-Denominated Amounts		277			(7	)		3			259			5			(1	)
Net Increase (Decrease) in Net Assets Resulting from Operations		3,803,168			(7,285,863	)		30,853			(49,472	)		52,353			(85,220	)
Distributions:
Institutional Class Shares		(218,791	)		(942,726	)		(8,593	)		(22,133	)		(3,675	)		(10,224	)
Capital Share Transactions (1):
Shares Issued		2,118,821			7,057,849			22,620			87,606			117,197			729,801
Shares Issued in Lieu of Cash Distributions		208,476			895,345			8,389			21,501			3,353			9,316
Shares Redeemed		(2,581,408	)		(7,911,399	)		(21,625	)		(82,497	)		(76,362	)		(219,226	)
Net Increase (Decrease) from Capital Share Transactions		(254,111	)		41,795			9,384			26,610			44,188			519,891
Total Increase (Decrease) in Net Assets		3,330,266			(8,186,794	)		31,644			(44,995	)		92,866			424,447
Net Assets
Beginning of Period		20,968,575			29,155,369			189,926			234,921			424,447			—
End of Period	$	24,298,841		$	20,968,575		$	221,570		$	189,926		$	517,313		$	424,447
(1) Shares Issued and Redeemed:
Shares Issued		102,716			315,242			2,233			8,132			13,934			79,414
Shares Issued in Lieu of Cash Distributions		10,180			43,699			836			1,847			401			1,143
Shares Redeemed		(125,741	)		(361,196	)		(2,153	)		(7,430	)		(9,065	)		(25,861	)
Net Increase (Decrease) from Shares Issued and Redeemed		(12,845	)		(2,255	)		916			2,549			5,270			54,696

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $6,847, $262 and $9, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $11,895, $349 and $6, respectively.

Ʊ The Portfolio commenced operations on November 15, 2021.

See accompanying Notes to Financial Statements.

98

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Large Cap International Portfolio																		International Core Equity Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	21.06		$	27.63		$	20.90		$	22.78		$	21.29		$	23.52		$	12.22		$	16.35		$	12.08		$	13.19		$	12.65		$	14.23
Income from Investment Operations (A)
Net Investment Income (Loss)		0.37			0.78			0.70			0.49			0.70			0.66			0.22			0.47			0.40			0.28			0.41			0.38
Net Gains (Losses) on Securities (Realized and Unrealized)		4.32			(6.54	)		6.70			(1.87	)		1.47			(2.25	)		2.48			(4.07	)		4.24			(1.11	)		0.53			(1.60	)
Total from Investment Operations		4.69			(5.76	)		7.40			(1.38	)		2.17			(1.59	)		2.70			(3.60	)		4.64			(0.83	)		0.94			(1.22	)
Less Distributions:
Net Investment Income		(0.17	)		(0.81	)		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.08	)		(0.53	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)
Total Distributions		(0.17	)		(0.81	)		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.08	)		(0.53	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)
Net Asset Value, End of Period	$	25.58		$	21.06		$	27.63		$	20.90		$	22.78		$	21.29		$	14.84		$	12.22		$	16.35		$	12.08		$	13.19		$	12.65
Total Return		22.33	%(B)		(21.12	%)		35.55	%		(6.05	%)		10.38	%		(6.97	%)		22.12	%(B)		(22.29	%)		38.56	%		(6.32	%)		7.67	%		(8.79	%)
Net Assets, End of Period (thousands)	$	5,685,665		$	4,820,678		$	6,032,181		$	4,700,488		$	5,356,475		$	4,587,406		$	30,649,016		$	26,208,206		$	34,629,583		$	24,965,561		$	30,559,427		$	27,174,589
Ratio of Expenses to Average Net Assets		0.17	%(C)		0.17	%		0.19	%		0.22	%		0.23	%		0.23	%		0.23	%(C)		0.24	%		0.25	%		0.30	%		0.29	%		0.30	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.17	%(C)		0.17	%		0.19	%		0.23	%		0.24	%		0.23	%		0.23	%(C)		0.24	%		0.25	%		0.30	%		0.31	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		3.13	%(C)		3.17	%		2.65	%		2.31	%		3.22	%		2.78	%		3.16	%(C)		3.27	%		2.56	%		2.24	%		3.21	%		2.67	%
Portfolio Turnover Rate		4	%(B)		9	%		14	%		19	%		7	%		8	%		3	%(B)		11	%		8	%		4	%		6	%		4	%

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)

	Global Small Company Portfolio																		International Small Company Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	12.52		$	15.52		$	10.50		$	11.07		$	10.73		$	11.53		$	15.93		$	23.29		$	16.84		$	18.21		$	18.46		$	21.52
Income from Investment Operations (A)
Net Investment Income (Loss)		0.11			0.23			0.22			0.15			0.18			0.19			0.24			0.54			0.41			0.33			0.43			0.46
Net Gains (Losses) on Securities (Realized and Unrealized)		0.77			(2.68	)		4.97			(0.55	)		0.27			(0.75	)		3.05			(6.44	)		6.42			(0.93	)		0.58			(2.41	)
Total from Investment Operations		0.88			(2.45	)		5.19			(0.40	)		0.45			(0.56	)		3.29			(5.90	)		6.83			(0.60	)		1.01			(1.95	)
Less Distributions:
Net Investment Income		(0.16	)		(0.25	)		(0.17	)		(0.17	)		(0.11	)		(0.17	)		(0.19	)		(0.67	)		(0.38	)		(0.37	)		(0.44	)		(0.44	)
Net Realized Gains		—			(0.30	)		—			—			—			(0.07	)		(0.21	)		(0.79	)		—			(0.40	)		(0.82	)		(0.67	)
Total Distributions		(0.16	)		(0.55	)		(0.17	)		(0.17	)		(0.11	)		(0.24	)		(0.40	)		(1.46	)		(0.38	)		(0.77	)		(1.26	)		(1.11	)
Net Asset Value, End of Period	$	13.24		$	12.52		$	15.52		$	10.50		$	11.07		$	10.73		$	18.82		$	15.93		$	23.29		$	16.84		$	18.21		$	18.46
Total Return		7.06	%(B)		(16.32	%)		49.81	%		(3.75	%)		4.29	%		(5.02	%)		20.82	%(B)		(26.55	%)		40.83	%		(3.64	%)		6.44	%		(9.54	%)
Net Assets, End of Period (thousands)	$	88,222		$	82,920		$	99,631		$	43,568		$	41,286		$	31,380		$	10,893,716		$	9,320,095		$	13,465,853		$	10,148,132		$	12,750,110		$	12,656,204
Ratio of Expenses to Average Net Assets *(D)		0.42	%(C)		0.44	%		0.47	%		0.47	%		0.49	%		0.49	%		0.39	%(C)		0.41	%		0.46	%		0.53	%		0.54	%		0.53	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(D)		0.64	%(C)		0.66	%		0.71	%		0.85	%		0.93	%		0.90	%		0.39	%(C)		0.41	%		0.46	%		0.53	%		0.54	%		0.53	%
Ratio of Net Investment Income to Average Net Assets		1.64	%(C)		1.66	%		1.49	%		1.50	%		1.69	%		1.58	%		2.66	%(C)		2.79	%		1.90	%		1.96	%		2.44	%		2.18	%
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.21	%(C)		0.22	%		0.24	%		0.27	%		0.27	%		0.26	%		0.12	%(C)		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%

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)

	Japanese Small Company Portfolio																		Asia Pacific Small Company Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	18.69		$	25.80		$	23.39		$	24.89		$	25.70		$	28.56		$	17.39		$	26.94		$	20.13		$	21.11		$	20.83		$	23.71
Income from Investment Operations (A)
Net Investment Income (Loss)		0.28			0.48			0.44			0.40			0.45			0.43			0.31			0.84			0.75			0.75			0.77			0.84
Net Gains (Losses) on Securities (Realized and Unrealized)		3.35			(6.33	)		2.51			(0.91	)		0.37			(2.59	)		2.07			(7.40	)		6.74			(0.77	)		0.19			(2.76	)
Total from Investment Operations		3.63			(5.85	)		2.95			(0.51	)		0.82			(2.16	)		2.38			(6.56	)		7.49			(0.02	)		0.96			(1.92	)
Less Distributions:
Net Investment Income		(0.26	)		(0.53	)		(0.54	)		(0.61	)		(0.28	)		(0.70	)		(0.75	)		(1.07	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)
Net Realized Gains		(0.83	)		(0.73	)		—			(0.38	)		(1.35	)		—			(1.01	)		(1.92	)		—			—			—			—
Total Distributions		(1.09	)		(1.26	)		(0.54	)		(0.99	)		(1.63	)		(0.70	)		(1.76	)		(2.99	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)
Net Asset Value, End of Period	$	21.23		$	18.69		$	25.80		$	23.39		$	24.89		$	25.70		$	18.01		$	17.39		$	26.94		$	20.13		$	21.11		$	20.83
Total Return		19.85	%(B)		(23.79	%)		12.66	%		(2.32	%)		4.01	%		(7.82	%)		13.69	%(B)		(26.90	%)		37.81	%		(0.23	%)		4.81	%		(8.51	%)
Net Assets, End of Period (thousands)	$	247,219		$	267,551		$	379,837		$	466,696		$	640,068		$	622,650		$	222,271		$	230,202		$	381,490		$	378,682		$	340,649		$	346,335
Ratio of Expenses to Average Net Assets (E)		0.40	%(C)		0.42	%		0.47	%		0.54	%		0.55	%		0.53	%		0.41	%(C)		0.42	%		0.48	%		0.54	%		0.57	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.50	%(C)		0.52	%		0.57	%		0.64	%		0.65	%		0.63	%		0.51	%(C)		0.52	%		0.58	%		0.64	%		0.67	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		2.77	%(C)		2.24	%		1.69	%		1.74	%		1.91	%		1.49	%		3.39	%(C)		3.95	%		3.01	%		3.92	%		3.65	%		3.57	%

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)

	United Kingdom Small Company Portfolio																		Continental Small Company Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	19.89		$	31.72		$	21.35		$	27.85		$	26.95		$	32.67		$	23.75		$	35.27		$	23.82		$	24.84		$	24.37		$	28.24
Income from Investment Operations (A)
Net Investment Income (Loss)		0.32			0.94			0.58			0.43			0.76			0.85			0.33			0.76			0.57			0.40			0.55			0.61
Net Gains (Losses) on Securities (Realized and Unrealized)		4.69			(11.25	)		10.31			(4.00	)		1.68			(3.65	)		5.75			(10.80	)		11.45			(1.04	)		1.23			(3.68	)
Total from Investment Operations		5.01			(10.31	)		10.89			(3.57	)		2.44			(2.80	)		6.08			(10.04	)		12.02			(0.64	)		1.78			(3.07	)
Less Distributions:
Net Investment Income		(0.08	)		(0.97	)		(0.52	)		(0.68	)		(0.47	)		(0.79	)		(0.16	)		(0.80	)		(0.57	)		(0.38	)		(0.51	)		(0.59	)
Net Realized Gains		—			(0.55	)		—			(2.25	)		(1.07	)		(2.13	)		—			(0.68	)		—			—			(0.80	)		(0.21	)
Total Distributions		(0.08	)		(1.52	)		(0.52	)		(2.93	)		(1.54	)		(2.92	)		(0.16	)		(1.48	)		(0.57	)		(0.38	)		(1.31	)		(0.80	)
Net Asset Value, End of Period	$	24.82		$	19.89		$	31.72		$	21.35		$	27.85		$	26.95		$	29.67		$	23.75		$	35.27		$	23.82		$	24.84		$	24.37
Total Return		25.22	%(B)		(33.62	%)		51.31	%		(15.27	%)		10.14	%		(9.34	%)		25.65	%(B)		(29.26	%)		50.70	%		(2.63	%)		7.94	%		(11.14	%)
Net Assets, End of Period (thousands)	$	22,404		$	18,398		$	44,133		$	16,867		$	26,540		$	36,351		$	763,924		$	616,323		$	867,759		$	537,744		$	657,105		$	645,651
Ratio of Expenses to Average Net Assets (E)		0.50	%(C)		0.56	%		0.59	%		0.59	%		0.59	%		0.58	%		0.40	%(C)		0.42	%		0.47	%		0.54	%		0.56	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.60	%(C)		0.66	%		0.74	%		0.86	%		0.82	%		0.68	%		0.50	%(C)		0.52	%		0.57	%		0.64	%		0.66	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		2.75	%(C)		3.62	%		1.88	%		1.89	%		2.92	%		2.75	%		2.40	%(C)		2.61	%		1.76	%		1.68	%		2.30	%		2.16	%

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)

	DFA International Real Estate Securities Portfolio																		DFA Global Real Estate Securities Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	3.38		$	5.04		$	3.77		$	5.61		$	4.85		$	5.07		$	9.86		$	13.29		$	9.57		$	12.71		$	10.71		$	10.90
Income from Investment Operations (A)
Net Investment Income (Loss)		0.08			0.15			0.16			0.15			0.20			0.22			0.12			0.49			0.16			0.68			0.34	**		0.48
Net Gains (Losses) on Securities
(Realized and Unrealized)		0.34			(1.44	)		1.11			(1.35	)		0.83			(0.22	)		0.50			(3.32	)		3.80			(3.00	)		2.16	**		(0.26	)
Total from Investment Operations		0.42			(1.29	)		1.27			(1.20	)		1.03			—			0.62			(2.83	)		3.96			(2.32	)		2.50			0.22
Less Distributions:
Net Investment Income		—			(0.37	)		—			(0.64	)		(0.27	)		(0.22	)		(0.14	)		(0.48	)		(0.20	)		(0.70	)		(0.50	)		(0.34	)
Net Realized Gains		—			—			—			—			—			—			(0.41	)		(0.12	)		(0.04	)		(0.12	)		(—	)		(0.07	)
Total Distributions		—			(0.37	)		—			(0.64	)		(0.27	)		(0.22	)		(0.55	)		(0.60	)		(0.24	)		(0.82	)		(0.50	)		(0.41	)
Net Asset Value, End of Period	$	3.80		$	3.38		$	5.04		$	3.77		$	5.61		$	4.85		$	9.93		$	9.86		$	13.29		$	9.57		$	12.71		$	10.71
Total Return		12.43	%(B)		(27.50	%)		33.69	%		(23.98	%)		22.54	%		(0.24	%)		6.25	%(B)		(22.34	%)		42.08	%		(19.28	%)		24.55	%		1.91	%
Net Assets, End of Period (thousands)	$	4,701,075		$	4,452,148		$	5,987,464		$	4,646,848		$	6,297,963		$	5,442,507		$	7,984,412		$	7,871,073		$	10,537,586		$	7,225,825		$	9,269,011		$	7,475,924
Ratio of Expenses to Average Net Assets *		0.27	%(C)		0.27	%		0.27	%		0.26	%		0.27	%		0.28	%		0.23	%(C)(D)		0.24	%(D)		0.24	%(D)		0.24	%(D)		0.24	%(D)		0.24	%(D)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) *		0.27	%(C)		0.27	%		0.27	%		0.27	%		0.28	%		0.28	%		0.32	%(C)(D)		0.33	%(D)		0.34	%(D)		0.34	%(D)		0.35	%(D)		0.35	%(D)
Ratio of Net Investment Income to Average Net Assets		4.13	%(C)		3.67	%		3.29	%		3.61	%		4.01	%		4.27	%		2.45	%(C)		4.14	%		1.33	%		6.44	%		2.95	%**		4.42	%
Portfolio Turnover Rate		5	%(B)		6	%		8	%		12	%		8	%		5	%		0	%(B)		1	%		1	%		0	%		0	%		3	%
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		N/A			N/A			N/A			N/A			N/A			N/A			0.10	%(C)		0.10	%		0.11	%		0.12	%		0.13	%		0.13	%

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)

	DFA International Small Cap Value Portfolio																		International Vector Equity Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	16.81		$	22.14		$	15.65		$	18.58		$	19.24		$	23.51		$	10.67		$	14.51		$	10.42		$	11.62		$	11.74		$	13.33
						��
Income from Investment Operations (A)
Net Investment Income (Loss)		0.31			0.61			0.44			0.33			0.45			0.47			0.19			0.40			0.32			0.23			0.33			0.32
Net Gains (Losses) on Securities (Realized and Unrealized)		3.56			(5.05	)		6.48			(2.65	)		(0.01	)		(3.44	)		2.18			(3.52	)		4.06			(1.20	)		0.24			(1.56	)
Total from Investment Operations		3.87			(4.44	)		6.92			(2.32	)		0.44			(2.97	)		2.37			(3.12	)		4.38			(0.97	)		0.57			(1.24	)
Less Distributions:
Net Investment Income		(0.19	)		(0.73	)		(0.43	)		(0.32	)		(0.48	)		(0.56	)		(0.09	)		(0.45	)		(0.29	)		(0.23	)		(0.34	)		(0.30	)
Net Realized Gains		—			(0.16	)		—			(0.29	)		(0.62	)		(0.74	)		—			(0.27	)		—			—			(0.35	)		(0.05	)
Total Distributions		(0.19	)		(0.89	)		(0.43	)		(0.61	)		(1.10	)		(1.30	)		(0.09	)		(0.72	)		(0.29	)		(0.23	)		(0.69	)		(0.35	)
Net Asset Value, End of Period	$	20.49		$	16.81		$	22.14		$	15.65		$	18.58		$	19.24		$	12.95		$	10.67		$	14.51		$	10.42		$	11.62		$	11.74
Total Return		23.17	%(B)		(20.53	%)		44.61	%		(13.03	%)		2.94	%		(13.37	%)		22.29	%(B)		(22.16	%)		42.24	%		(8.41	%)		5.49	%		(9.52	%)
Net Assets, End of Period (thousands)	$	11,162,946		$	9,664,700		$	12,784,711		$	9,887,928		$	13,428,084		$	13,787,695		$	3,314,725		$	2,882,931		$	3,716,790		$	2,722,859		$	2,578,134		$	2,441,217
Ratio of Expenses to Average Net Assets		0.43	%(C)		0.46	%		0.53	%		0.65	%		0.68	%		0.68	%		0.35	%(C)		0.36	%		0.42	%		0.47	%		0.50	%		0.48	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.43	%(C)		0.46	%		0.53	%		0.66	%		0.69	%		0.68	%		0.35	%(C)		0.36	%		0.42	%		0.48	%		0.50	%		0.48	%
Ratio of Net Investment Income to Average Net Assets		3.26	%(C)		3.13	%		2.13	%		2.02	%		2.48	%		2.10	%		3.06	%(C)		3.16	%		2.35	%		2.20	%		2.94	%		2.40	%
Portfolio Turnover Rate		8	%(B)		24	%		15	%		14	%		18	%		23	%		5	%(B)		17	%		15	%		18	%		17	%		12	%

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

See accompanying Notes to Financial Statements.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	International High Relative Profitability Portfolio																		World Ex U.S. Value Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	10.12		$	13.73		$	10.64		$	10.74		$	9.71		$	10.68		$	10.14		$	12.67		$	8.99		$	10.97		$	11.16		$	12.71
Income from Investment Operations (A)
Net Investment Income (Loss)		0.16			0.38			0.30			0.21			0.27			0.26			0.21			0.47			0.38			0.25			0.35			0.34
Net Gains (Losses) on Securities (Realized and Unrealized)		2.06			(3.51	)		3.08			(0.13	)		1.00			(1.01	)		1.85			(2.49	)		3.66			(1.96	)		0.04			(1.48	)
Total from Investment Operations		2.22			(3.13	)		3.38			0.08			1.27			(0.75	)		2.06			(2.02	)		4.04			(1.71	)		0.39			(1.14	)
Less Distributions:
Net Investment Income		(0.10	)		(0.37	)		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.14	)		(0.51	)		(0.36	)		(0.27	)		(0.35	)		(0.41	)
Net Realized Gains		—			(0.11	)		—			—			—			—			—			—			—			—			(0.23	)		—
Total Distributions		(0.10	)		(0.48	)		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.14	)		(0.51	)		(0.36	)		(0.27	)		(0.58	)		(0.41	)
Net Asset Value, End of Period	$	12.24		$	10.12		$	13.73		$	10.64		$	10.74		$	9.71		$	12.06		$	10.14		$	12.67		$	8.99		$	10.97		$	11.16
Total Return		21.97	%(B)		(23.22	%)		31.85	%		0.80	%		13.19	%		(7.20	%)		20.45	%(B)		(16.23	%)		45.23	%		(15.76	%)		3.75	%		(9.22	%)
Net Assets, End of Period (thousands)	$	1,727,385		$	1,606,634		$	2,183,724		$	1,475,345		$	658,448		$	266,868		$	253,676		$	194,259		$	308,666		$	206,915		$	302,369		$	240,668
Ratio of Expenses to Average Net Assets *		0.30	%(C)		0.30	%		0.30	%		0.30	%		0.33	%		0.35	%		0.37	%(C)(D)		0.40	%(D)		0.44	%(D)		0.50	%(D)		0.54	%(D)		0.52	%(D)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) *		0.30	%(C)		0.30	%		0.30	%		0.31	%		0.34	%		0.35	%		0.55	%(C)(D)		0.59	%(D)		0.64	%(D)		0.71	%(D)		0.76	%(D)		0.74	%(D)
Ratio of Net Investment Income to Average Net Assets		2.78	%(C)		3.15	%		2.30	%		1.97	%		2.69	%		2.41	%		3.68	%(C)		4.02	%		3.14	%		2.56	%		3.25	%		2.72	%
Portfolio Turnover Rate		4	%(B)		22	%		15	%		15	%		9	%		9	%		N/A	(B)		N/A			N/A			N/A			N/A			N/A
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		N/A			N/A			N/A			N/A			N/A			N/A			0.19	%(C)		0.19	%		0.20	%		0.23	%		0.24	%		0.24	%

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

See accompanying Notes to Financial Statements.

105

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	World Ex U.S. Core Equity Portfolio																		World Ex U.S. Targeted Value Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	10.35		$	13.84		$	10.44		$	11.17		$	10.65		$	12.15		$	11.02		$	15.29		$	10.91		$	12.45		$	12.52		$	15.06
Income from Investment Operations (A)
Net Investment Income (Loss)		0.17			0.40			0.33			0.24			0.33			0.31			0.16			0.39			0.32			0.23			0.32			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		1.96			(3.48	)		3.40			(0.74	)		0.56			(1.52	)		2.16			(3.55	)		4.34			(1.45	)		0.26			(2.29	)
Total from Investment Operations		2.13			(3.08	)		3.73			(0.50	)		0.89			(1.21	)		2.32			(3.16	)		4.66			(1.22	)		0.58			(1.98	)
Less Distributions:
Net Investment Income		(0.10	)		(0.41	)		(0.33	)		(0.23	)		(0.32	)		(0.29	)		(0.09	)		(0.39	)		(0.28	)		(0.21	)		(0.29	)		(0.30	)
Net Realized Gains		—			—			—			—			(0.05	)		—			—			(0.72	)		—			(0.11	)		(0.36	)		(0.26	)
Total Distributions		(0.10	)		(0.41	)		(0.33	)		(0.23	)		(0.37	)		(0.29	)		(0.09	)		(1.11	)		(0.28	)		(0.32	)		(0.65	)		(0.56	)
Net Asset Value, End of Period	$	12.38		$	10.35		$	13.84		$	10.44		$	11.17		$	10.65		$	13.25		$	11.02		$	15.29		$	10.91		$	12.45		$	12.52
Total Return		20.63	%(B)		(22.55	%)		35.87	%		(4.42	%)		8.64	%		(10.22	%)		21.11	%(B)		(21.77	%)		42.81	%		(9.96	%)		4.99	%		(13.56	%)
Net Assets, End of Period (thousands)	$	3,685,705		$	3,122,060		$	4,089,166		$	3,210,237		$	3,719,313		$	3,129,791		$	688,414		$	567,557		$	774,324		$	508,058		$	533,046		$	460,155
Ratio of Expenses to Average Net Assets		0.30	%(C)		0.30	%		0.32	%		0.35	%		0.37	%		0.39	%		0.50	%(C)		0.52	%		0.55	%		0.64	%		0.68	%		0.66	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.30	%(C)		0.30	%		0.32	%		0.36	%		0.38	%		0.37	%		0.50	%(C)		0.52	%		0.55	%		0.64	%		0.69	%		0.66	%
Ratio of Net Investment Income to Average Net Assets		2.85	%(C)		3.25	%		2.49	%		2.26	%		3.02	%		2.56	%		2.51	%(C)		2.98	%		2.20	%		2.02	%		2.58	%		2.08	%
Portfolio Turnover Rate		4	%(B)		12	%		6	%		13	%		8	%		4	%		10	%(B)		35	%		28	%		22	%		27	%		24	%

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

See accompanying Notes to Financial Statements.

106

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	World Core Equity Portfolio																		Selectively Hedged Global Equity Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	18.24		$	22.56		$	16.29		$	16.42		$	15.40		$	16.06		$	18.09		$	22.35		$	16.21		$	16.54		$	15.71		$	16.52
Income from Investment Operations (A)
Net Investment Income (Loss)		0.13			0.45			0.34			0.29			0.35			0.31			0.13			0.44			0.33			0.28			0.35			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		2.03			(4.15	)		6.27			(0.10	)		1.13			(0.64	)		1.69			(3.29	)		6.21			(0.18	)		1.12			(0.66	)
Total from Investment Operations		2.16			(3.70	)		6.61			0.19			1.48			(0.33	)		1.82			(2.85	)		6.54			0.10			1.47			(0.35	)
Less Distributions:
Net Investment Income		(0.13	)		(0.45	)		(0.34	)		(0.29	)		(0.35	)		(0.30	)		(1.03	)		(0.44	)		(0.20	)		(0.43	)		(0.44	)		(0.27	)
Net Realized Gains		(0.27	)		(0.17	)		—			(0.03	)		(0.11	)		(0.03	)		(0.61	)		(0.97	)		(0.20	)		—			(0.20	)		(0.19	)
Total Distributions		(0.40	)		(0.62	)		(0.34	)		(0.32	)		(0.46	)		(0.33	)		(1.64	)		(1.41	)		(0.40	)		(0.43	)		(0.64	)		(0.46	)
Net Asset Value, End of Period	$	20.00		$	18.24		$	22.56		$	16.29		$	16.42		$	15.40		$	18.27		$	18.09		$	22.35		$	16.21		$	16.54		$	15.71
Total Return		11.90	%(B)		(16.62	%)		40.75	%		1.25	%		9.94	%		(2.16	%)		10.46	%(B)		(13.65	%)		40.81	%		0.47	%		10.10	%		(2.28	%)
Net Assets, End of Period (thousands)	$	1,043,899		$	949,017		$	1,088,714		$	769,602		$	879,553		$	741,512		$	280,932		$	270,708		$	348,707		$	288,509		$	375,832		$	403,195
Ratio of Expenses to Average Net Assets *(D)		0.27	%(C)		0.27	%		0.28	%		0.32	%		0.33	%		0.35	%		0.31	%(C)		0.31	%		0.32	%		0.36	%		0.37	%		0.34	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(D)		0.44	%(C)		0.45	%		0.46	%		0.56	%		0.60	%		0.59	%		0.51	%(C)		0.51	%		0.53	%		0.61	%		0.63	%		0.60	%
Ratio of Net Investment Income to Average Net Assets		1.32	%(C)		2.22	%		1.64	%		1.81	%		2.23	%		1.89	%		1.39	%(C)		2.25	%		1.60	%		1.78	%		2.25	%		1.87	%
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.20	%(C)		0.20	%		0.22	%		0.25	%		0.27	%		0.27	%		0.24	%(C)		0.24	%		0.25	%		0.28	%		0.30	%		0.29	%

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

See accompanying Notes to Financial Statements.

107

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Portfolio																		Emerging Markets Small Cap Portfolio
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	22.78		$	33.05		$	27.64		$	27.56		$	25.46		$	29.55		$	18.76		$	26.03		$	19.67		$	20.07		$	18.72		$	23.49
Income from Investment Operations (A)
Net Investment Income (Loss)		0.32			0.88			0.74			0.55			0.73			0.61			0.17			0.59			0.52			0.41			0.48			0.53
Net Gains (Losses) on Securities (Realized and Unrealized)		3.60			(9.07	)		5.32			0.07			2.05			(4.14	)		2.87			(6.16	)		6.41			(0.24	)		1.87			(4.22	)
Total from Investment Operations		3.92			(8.19	)		6.06			0.62			2.78			(3.53	)		3.04			(5.57	)		6.93			0.17			2.35			(3.69	)
Less Distributions:
Net Investment Income		(0.24	)		(0.91	)		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(0.14	)		(1.00	)		(0.57	)		(0.44	)		(0.46	)		(0.53	)
Net Realized Gains		(0.06	)		(1.17	)		—			—			—			—			(0.41	)		(0.70	)		—			(0.13	)		(0.54	)		(0.55	)
Total Distributions		(0.30	)		(2.08	)		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(0.55	)		(1.70	)		(0.57	)		(0.57	)		(1.00	)		(1.08	)
Net Asset Value, End of Period	$	26.40		$	22.78		$	33.05		$	27.64		$	27.56		$	25.46		$	21.25		$	18.76		$	26.03		$	19.67		$	20.07		$	18.72
Total Return		17.27	%(B)		(25.94	%)		21.91	%		2.36	%		11.06	%		(12.14	%)		16.30	%(B)		(22.57	%)		35.51	%		0.81	%		12.96	%		(16.45	%)
Net Assets, End of Period (thousands)	$	4,491,866		$	3,938,781		$	6,225,187		$	5,652,358		$	5,968,318		$	5,394,188		$	3,980,654		$	3,511,909		$	5,115,924		$	4,879,733		$	6,423,859		$	6,304,406
Ratio of Expenses to Average Net Assets (E)		0.36	%(C)		0.36	%		0.39	%		0.44	%		0.48	%		0.47	%		0.59	%(C)		0.59	%		0.63	%		0.69	%		0.72	%		0.70	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.46	%(C)		0.46	%		0.49	%		0.54	%		0.58	%		0.57	%		0.79	%(C)		0.79	%		0.83	%		0.89	%		0.92	%		0.90	%
Ratio of Net Investment Income to Average Net Assets		2.52	%(C)		3.05	%		2.19	%		2.07	%		2.70	%		2.08	%		1.62	%(C)		2.57	%		2.10	%		2.20	%		2.44	%		2.31	%

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

See accompanying Notes to Financial Statements.

108

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Value Portfolio-Class R2 Shares
	Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	23.91		$	31.28		$	23.78		$	27.16		$	26.64		$	30.13
Income from Investment Operations (A)
Net Investment Income (Loss)		0.34			1.26			0.82			0.59			0.63			0.63
Net Gains (Losses) on Securities (Realized and Unrealized)		3.81			(7.31	)		7.45			(3.27	)		0.56			(3.48	)
Total from Investment Operations		4.15			(6.05	)		8.27			(2.68	)		1.19			(2.85	)
Less Distributions:
Net Investment Income		(0.39	)		(1.32	)		(0.77	)		(0.70	)		(0.67	)		(0.64	)
Total Distributions		(0.39	)		(1.32	)		(0.77	)		(0.70	)		(0.67	)		(0.64	)
Net Asset Value, End of Period	$	27.67		$	23.91		$	31.28		$	23.78		$	27.16		$	26.64
Total Return		17.41	%(B)		(19.74	%)		34.91	%		(9.98	%)		4.57	%		(9.66	%)
Net Assets, End of Period (thousands)	$	17,850		$	12,956		$	13,709		$	12,587		$	29,146		$	25,150
Ratio of Expenses to Average Net Assets (E)		0.69	%(C)		0.69	%		0.74	%		0.77	%		0.81	%		0.80	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.79	%(C)		0.79	%		0.84	%		0.87	%		0.91	%		0.90	%
Ratio of Net Investment Income to Average Net Assets		2.56	%(C)		4.34	%		2.68	%		2.41	%		2.29	%		2.07	%

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

See accompanying Notes to Financial Statements.

109

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Value Portfolio-Institutional Class Shares
	Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	24.08		$	31.48		$	23.93		$	27.34		$	26.81		$	30.32
Income from Investment Operations (A)
Net Investment Income (Loss)		0.37			1.32			0.90			0.71			0.70			0.73
Net Gains (Losses) on Securities (Realized and Unrealized)		3.83			(7.34	)		7.50			(3.35	)		0.57			(3.53	)
Total from Investment Operations		4.20			(6.02	)		8.40			(2.64	)		1.27			(2.80	)
Less Distributions:
Net Investment Income		(0.42	)		(1.39	)		(0.85	)		(0.77	)		(0.74	)		(0.71	)
Total Distributions		(0.42	)		(1.39	)		(0.85	)		(0.77	)		(0.74	)		(0.71	)
Net Asset Value, End of Period	$	27.86		$	24.08		$	31.48		$	23.93		$	27.34		$	26.81
Total Return		17.50	%(B)		(19.51	%)		35.24	%		(9.75	%)		4.83	%		(9.45	%)
Net Assets, End of Period (thousands)	$	10,421,937		$	9,600,125		$	13,258,001		$	12,596,902		$	17,161,936		$	16,431,410
Ratio of Expenses to Average Net Assets (E)		0.44	%(C)		0.45	%		0.49	%		0.52	%		0.56	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.54	%(C)		0.55	%		0.59	%		0.62	%		0.66	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		2.76	%(C)		4.49	%		2.92	%		2.87	%		2.54	%		2.37	%

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

See accompanying Notes to Financial Statements.

110

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Core Equity Portfolio																		Emerging Markets Targeted Value Portfolio
																															Period
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Nov 14,
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			2018   to
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	18.13		$	25.16		$	20.34		$	20.59		$	18.95		$	22.38		$	9.29		$	13.13		$	9.71		$	10.43		$	10.00
Income from Investment Operations (A)
Net Investment Income (Loss)		0.25			0.75			0.57			0.43			0.53			0.50			0.08			0.30			0.28			0.21			0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		3.05			(6.97	)		4.76			(0.22	)		1.64			(3.47	)		1.42			(2.85	)		3.39			(0.59	)		0.20
Total from Investment Operations		3.30			(6.22	)		5.33			0.21			2.17			(2.97	)		1.50			(2.55	)		3.67			(0.38	)		0.44
Less Distributions:
Net Investment Income		(0.19	)		(0.81	)		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.24	)		(0.42	)		(0.23	)		(0.23	)		(0.01	)
Net Realized Gains		—			—			—			—			—			—			(0.18	)		(0.87	)		(0.02	)		(0.11	)		—
Total Distributions		(0.19	)		(0.81	)		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.42	)		(1.29	)		(0.25	)		(0.34	)		(0.01	)
Net Asset Value, End of Period	$	21.24		$	18.13$			25.16		$	20.34		$	20.59		$	18.95		$	10.37		$	9.29		$	13.13		$	9.71		$	10.43
Total Return		18.25	%(B)		(25.06	%)		26.19	%		1.13	%		11.61	%		(13.48	%)		16.33	%(B)		(21.40	%)		38.29	%		(3.89	%)		4.38	%(B)
Net Assets, End of Period (thousands)	$	24,298,841		$	20,968,575		$	29,155,369		$	24,780,700		$	28,622,610		$	25,372,759		$	221,570		$	189,926		$	234,921		$	170,163		$	114,360
Ratio of Expenses to Average Net Assets		0.40	%(C)		0.40	%		0.42	%		0.49	%		0.52	%		0.52	%		0.67	%(C)		0.66	%		0.72	%		0.84	%		0.85	%(C)(F)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.40	%(C)		0.40	%		0.42	%		0.50	%		0.53	%		0.52	%		0.67	%(C)		0.66	%		0.72	%		0.87	%		0.95	%(C)(F)
Ratio of Net Investment Income to Average Net Assets		2.44	%(C)		3.33	%		2.26	%		2.19	%		2.62	%		2.25	%		1.57	%(C)		2.72	%		2.19	%		2.26	%		2.30	%(C)(F)
Portfolio Turnover Rate		3	%(B)		14	%		10	%		15	%		4	%		4	%		12	%(B)		28	%		29	%		34	%		12	%(B)

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging
	Markets Ex China Core
	Equity Portfolio
				Period
	Six Months			Nov 15,
	Ended			2021 Ʊ to
	Apr 30,			Oct 31,
	2023			2022
	(Unaudited)
Net Asset Value, Beginning of Period	$	7.76		$	10.00
Income from Investment Operations (A)
Net Investment Income (Loss)		0.12			0.28
Net Gains (Losses) on Securities (Realized and Unrealized)		0.81			(2.28	)
Total from Investment Operations		0.93			(2.00	)
Less Distributions:
Net Investment Income		(0.06	)		(0.24	)
Total Distributions		(0.06	)		(0.24	)
Net Asset Value, End of Period	$	8.63		$	7.76
Total Return		12.07	%(B)		(20.16	%)(B)
Net Assets, End of Period (thousands)	$	517,313		$	424,447
Ratio of Expenses to Average Net Assets		0.43	%(C)		0.43	%(C)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.50	%(C)		0.54	%(C)
Ratio of Net Investment Income to Average Net Assets		2.77	%(C)		3.20	%(C)
Portfolio Turnover Rate		10	%(B)		41	%(B)

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

See accompanying Notes to Financial Statements.

112

DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

DFA Investment Dimensions Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940 (the “1940 Act”), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios, of which twenty-four (the “Portfolios”) are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

Of the Portfolios, seven invest all of their assets in a corresponding series or fund (each such Portfolio, a “Feeder Fund”). Of the Feeder Funds, six invest all of their assets in a corresponding series of The DFA Investment Trust Company (“DFAITC”) and one invests all of its assets in the Dimensional Emerging Markets Value Fund (“DEM”) (each such series within DFAITC and DEM, a “Master Fund”, treated as partnerships for federal income tax purposes). Six of the Portfolios generally allocate their assets among other funds managed by Dimensional Fund Advisors LP (each such Portfolio, a “Fund of Funds”). The Fund of Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The International Small Company Portfolio invests in five Master Funds within DFAITC. The Global Small Company Portfolio invests in six Master Funds within DFAITC and one underlying fund within the Fund (each such underlying fund within the Fund, an “Underlying Fund”). The DFA Global Real Estate Securities Portfolio invests in two Underlying Funds within the Fund and directly in securities. The World ex U.S. Value Portfolio invests in three Master/Underlying Funds within the Fund, DFAITC, and DEM. The World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio each invest in three Underlying Funds within the Fund. As of April 30, 2023, the following Portfolios were the owner of record of the following approximate percentages of the total outstanding shares of the following Master/Underlying Funds as detailed below:

Feeder Funds	Master/Underlying Funds	Percentage Ownership at 04/30/23
Japanese Small Company Portfolio	The Japanese Small Company Series		10	%
Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series		17	%
United Kingdom Small Company Portfolio	The United Kingdom Small Company Series		41	%
Continental Small Company Portfolio	The Continental Small Company Series		14	%
Emerging Markets Portfolio	The Emerging Markets Series		99	%
Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series		99	%
Emerging Markets Value Portfolio	Dimensional Emerging Markets Value Fund		99	%
Funds of Funds	Underlying Funds	Percentage Ownership at 04/30/23
International Small Company Portfolio	The Continental Small Company Series		85	%
	The Japanese Small Company Series		91	%
	The United Kingdom Small Company Series		98	%
	The Asia Pacific Small Company Series		83	%
	The Canadian Small Company Series		96	%
Global Small Company Portfolio	U.S. Small Cap Portfolio		—
	The Continental Small Company Series		—
	The Japanese Small Company Series		—

113

		Percentage
		Ownership
Funds of Funds	Underlying Funds	at 04/30/23
	The Asia Pacific Small Company Series		—
	The Canadian Small Company Series		—
	The Emerging Markets Small Cap Series		—
	The United Kingdom Small Company Series		—
DFA Global Real Estate Securities Portfolio*	DFA Real Estate Securities Portfolio		1	%
	DFA International Real Estate Securities Portfolio		60	%
World ex U.S. Value Portfolio	Dimensional Emerging Markets Value Fund		1	%
	DFA International Small Cap Value Portfolio		—
	The DFA International Value Series		1	%
World Core Equity Portfolio	U.S. Core Equity 1 Portfolio		2	%
	International Core Equity Portfolio		1	%
	Emerging Markets Core Equity Portfolio		1	%
Selectively Hedged Global Equity Portfolio	U.S. Core Equity 2 Portfolio		1	%
	International Core Equity Portfolio		—
	Emerging Markets Core Equity Portfolio		—

* DFA Global Real Estate Securities Portfolio invests in two Underlying Funds as indicated and securities listed on its Summary Schedule of Investments.

To achieve its investment objective, each Feeder Fund and Fund of Funds invests substantially all of its assets in corresponding Master and/or Underlying Funds as indicated above. The DFA Global Real Estate Securities Portfolio may pursue its investment objective by investing its assets in its Underlying Funds and/or directly in securities of companies in the real estate industry. Each Feeder Fund and Fund of Funds also invests in short-term temporary cash investments and futures. In addition, each Fund of Funds may engage in forward currency contracts.

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

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

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Securities held by Large Cap International Portfolio, International Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, World ex U.S. Core Equity Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity Portfolio, International High Relative Profitability Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio (the “International Equity Portfolios”), including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by 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 International Equity Portfolios value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management 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”). These securities are generally categorized as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which 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 pricing of the International Equity Portfolios’ 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 calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, Dimensional Fund Advisors LP 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 Equity Portfolios uses 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. These securities are generally categorized as Level 2 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated 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 that 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. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

115

Listed derivatives, such as futures, that are actively traded are valued based on quoted prices from the exchange and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

Shares held by the Portfolios in other investment companies (such as the Master/Underlying Funds) are valued at their respective daily net asset values as reported by their administrator. The Feeder Funds’, International Small Company Portfolio’s, Global Small Company Portfolio’s and World ex U.S. Value Portfolio’s investments in series of either DFAITC or DEM reflect their proportionate interest in the net assets of such corresponding Master Fund(s). These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings/Schedule of Investments (except for the Feeder Funds). The methodology or inputs 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 Portfolios whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolios enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. 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 Portfolios also enter into forward currency contracts 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 foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized. However, the Selectively Hedged Global Equity Portfolio does isolate the effect of foreign currency rate fluctuations 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 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 of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the International Equity Portfolios and Selectively Hedged Global Equity Portfolio and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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.

The Directors may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The 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 Directors 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 (unless the Director files an amended Notice selecting a different distribution date).

116

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 and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and from the investment in affiliated investment companies 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 Portfolios estimate the character of received distributions 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, using the effective interest method. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

Organizational costs are expensed during the fiscal year of inception of the Portfolios. Offering costs are amortized over a twelve-month period from the inception of the Portfolios.

Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of a Portfolio. Income, gains and losses, and common expenses of a 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.

The Feeder Funds, International Small Company Portfolio, Global Small Company Portfolio, and World ex U.S. Value Portfolio recognize their pro-rata shares of net investment income and realized and unrealized gains/losses on a daily basis from their respective Master Fund(s) within DFAITC or DEM, which are treated as partnerships for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, 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 Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Value Portfolio, Global Small Company Portfolio, World ex U.S. Value Portfolio, World ex U.S. Core Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolios. For the six months ended April 30, 2023, the Portfolios’ investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

Large Cap International Portfolio	0.14	%
International Core Equity Portfolio	0.20	%
Global Small Company Portfolio	0.35	%
International Small Company Portfolio	0.25	%
Japanese Small Company Portfolio	0.35	%
Asia Pacific Small Company Portfolio	0.35	%
United Kingdom Small Company Portfolio	0.35	%
Continental Small Company Portfolio	0.35	%

117

DFA International Real Estate Securities Portfolio	0.24	%
DFA Global Real Estate Securities Portfolio	0.20	%*
DFA International Small Cap Value Portfolio	0.39	%
International Vector Equity Portfolio	0.30	%
International High Relative Profitability Portfolio	0.25	%
World ex U.S. Value Portfolio	0.32	%
World ex U.S. Core Equity Portfolio	0.25	%
World ex U.S. Targeted Value Portfolio	0.40	%
World Core Equity Portfolio	0.22	%
Selectively Hedged Global Equity Portfolio	0.24	%
Emerging Markets Portfolio	0.29	%
Emerging Markets Small Cap Portfolio	0.52	%
Emerging Markets Value Portfolio	0.38	%
Emerging Markets Core Equity Portfolio	0.33	%
Emerging Markets Targeted Value Portfolio	0.52	%
Emerging Markets ex China Core Equity Portfolio	0.33	%

* Effective as of February 28, 2023, the management fee payable by the DFA Global Real Estate Securities Portfolio was reduced from 0.20% to 0.19%.

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-Feeder Funds, and a portion of the Fee Waiver Agreement for certain Feeder Funds below, will remain in effect through February 28, 2024, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Funds, as described in the notes below, will remain in effect permanently, unless terminated by a Feeder Fund. During the six months ended April 30, 2023, 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 assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the six months ended April 30, 2023, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 2023, are also reflected below (amounts in thousands). At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee Limit listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee Limit that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total Management Fee Limit in place for the Portfolio. The Advisor, however, will not be reimbursed by a Feeder Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of a Portfolio, is also 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. With respect to the World ex U.S. Value Portfolio, World Core Equity Portfolio, World ex U.S. Targeted Value Portfolio and Selectively Hedged Global Equity Portfolio, the Advisor shall also not be reimbursed for any management fees previously waived to offset a Portfolio’s proportionate share of the management fees paid by such Portfolio through its investment in other funds managed by the Advisor.

118

Institutional Class Shares	Expense Limitation Amount			Total Management Fee Limit			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
Large Cap International Portfolio (1)		0.24	%		—			—		—		—
International Core Equity Portfolio (1)		0.30	%		—			—		—		—
Global Small Company Portfolio (2)		0.42	%		—		$	6	$	98	$	607
International Small Company Portfolio (3)		0.45	%		—			—		—		—
Japanese Small Company Portfolio (4)		0.42	%		0.35	%		—		129		—
Asia Pacific Small Company Portfolio (4)		0.42	%		0.35	%		—		115		—
United Kingdom Small Company Portfolio (4)		0.42	%		0.35	%		—		11		23
Continental Small Company Portfolio (4)		0.42	%		0.35	%		1		359		—
DFA International Real Estate Securities Portfolio (1)		0.29	%		—			—		—		—
DFA Global Real Estate Securities Portfolio (5)		0.22	%		—			—		3,434		24,739
International Vector Equity Portfolio (1)		0.60	%		—			—		—		—
International High Relative Profitability Portfolio (2)		0.35	%		—			—		—		—
World ex U.S. Value Portfolio (6)		0.60	%		0.32	%		—		221		—
World ex U.S. Core Equity Portfolio (7)		0.39	%		—			—		—		—
World ex U.S. Targeted Value Portfolio (8)		0.80	%		0.40	%		—		—		—
World Core Equity Portfolio (9)		0.27	%		0.22	%		9		870		445
Selectively Hedged Global Equity Portfolio (10)		0.40	%		0.24	%		—		275		—
Emerging Markets Portfolio (11)		0.49	%		0.29	%		—		2,195		—
Emerging Markets Small Cap Portfolio (12)		—			0.52	%		—		3,871		—
Emerging Markets Value Portfolio (12)		—			0.38	%		—		5,147		—
Emerging Markets Core Equity Portfolio (1)		0.54	%		—			—		—		—
Emerging Markets Targeted Value Portfolio (2)		0.85	%		—			—		—		—
Emerging Markets ex China Core Equity Portfolio (2)		0.43	%		—			37		163		510
Class R2 Shares
Emerging Markets Value Portfolio (13)		0.96	%		0.38	%		—	$	8		—

(1) The Advisor has contractually agreed to waive all or a portion of its management 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 (the “Expense Limitation Amount”).

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(2) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the ordinary operating expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor, excluding money market funds, 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 a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”). Prior to February 28, 2022, the Expense Limitation Amount for the Global Small Company Portfolio was 0.47% of the average net assets of such class of the Portfolio on an annualized basis.

(3) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(4) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by each Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.35% of the average net assets of a class of a Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.40%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.47%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.50%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of each Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each class of a Portfolio to the rates listed above as a percentage of the average net assets of each class of such Portfolios on an annualized basis (the “Expense Limitation Amount”).

(5) Effective February 28, 2023, the Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series and 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 the Portfolio’s average net assets on an annualized basis (the “Expense Limitation Amount”). Prior to February 28, 2023, the Expense Limitation Amount for the DFA Global Real Estate Securities Portfolio was 0.24% of the average net assets of such class of the Portfolio on an annualized basis.

(6) Effective February 28, 2022, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.32% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2021 to February 27, 2022, the Total Management Fee Limit was 0.37%. From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.43%. Prior to February 28, 2020, the Total Management Fee Limit was 0.47%. In addition, under the Fee Waiver Agreement, the Advisor also has agreed to waive all or a portion of the management fee that remains payable by the Portfolio (i.e., the management fee remaining after the proportionate share of the Master/Underlying Funds’ management fees have been offset (the “Remaining Management Fee”)) to the extent necessary to reduce the Portfolio’s ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) to the rate listed above as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”). The maximum amount that may be waived to limit Portfolio Expenses is the amount of the Remaining Management Fee.

(7) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/ Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through its investment of its securities lending cash collateral in the Money Market Series and its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(8) Effective February 28, 2022, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.40% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in other funds managed by the Advisor, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2021 to February 27, 2022, the Total Management Fee Limit was 0.45%. From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.53%. Prior to February 28, 2020, the Total Management Fee Limit was 0.58%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the ordinary operating expenses of a class of the Portfolio (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

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(9) Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.22% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (including the Portfolio’s proportionate share of any management fees that a Master/Underlying Fund paid through its investment in an affiliated cash management fund) (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.27%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of a class of the Portfolio so that such Portfolio Expenses do not exceed the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”). From February 28, 2019 to February 27, 2021, the Expense Limitation Amount was 0.32% of the average net assets of such class of the Portfolio on an annualized basis. From June 27, 2014 to February 27, 2019, the Expense Limitation Amount was 0.35% of the average net assets of such class of the Portfolio on an annualized basis.

(10) Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.24% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.28%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(11) Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.29% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.37%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.42%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(12) Effective February 28, 2021 (February 28, 2022, with respect to the Emerging Markets Value Portfolio), the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by a Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund (the “Money Market Series”), to the rate listed above as a percentage of the average net assets of a class of a Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit for the Emerging Markets Value Portfolio was 0.41%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limits for the Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio were 0.60% and 0.45%, respectively. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limits for the Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio were 0.65% and 0.50%, respectively.

(13) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.38% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.41%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit for the Emerging Markets Value Portfolio was 0.45%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.50%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to assume the direct expenses of the Class R2 shares of the Portfolio (excluding management fees and custodian fees) to the extent necessary to limit the annualized expenses of the Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above as a percentage of the average net assets of the Class R2 shares of the Portfolio (the “Annualized Expense Ratio”).

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Earned Income Credit:

Additionally, Portfolios have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolios’ custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Portfolio’s net assets. During the six months ended April 30, 2023, expenses reduced were as follows (amounts in thousands):

	Fees Paid
	Indirectly
Large Cap International Portfolio	$	197
International Core Equity Portfolio		394
DFA International Real Estate Securities Portfolio		245
DFA Global Real Estate Securities Portfolio		18
DFA International Small Cap Value Portfolio		191
International Vector Equity Portfolio		144
International High Relative Profitability Portfolio		19
World ex U.S. Core Equity Portfolio		35
World ex U.S. Targeted Value Portfolio		14
Selectively Hedged Global Equity Portfolio		1
Emerging Markets Core Equity Portfolio		824
Emerging Markets Targeted Value Portfolio		19
Emerging Markets ex China Core Equity Portfolio		22

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2023, the total related amount paid by the Fund to the CCO was $73 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

Large Cap International Portfolio	$	31
International Core Equity Portfolio		36
Global Small Company Portfolio		—
International Small Company Portfolio		107
Japanese Small Company Portfolio		7
Asia Pacific Small Company Portfolio		4
United Kingdom Small Company Portfolio		1
Continental Small Company Portfolio		1
DFA International Real Estate Securities Portfolio		16
DFA Global Real Estate Securities Portfolio		9
DFA International Small Cap Value Portfolio		177
International Vector Equity Portfolio		5
International High Relative Profitability Portfolio		2
World ex U.S. Value Portfolio		—
World ex U.S. Core Equity Portfolio		4
World ex U.S. Targeted Value Portfolio		1
World Core Equity Portfolio		1
Selectively Hedged Global Equity Portfolio		1
Emerging Markets Portfolio		56
Emerging Markets Small Cap Portfolio		51
Emerging Markets Value Portfolio		268
Emerging Markets Core Equity Portfolio		96
Emerging Markets Targeted Value Portfolio		—
Emerging Markets ex China Core Equity Portfolio		1

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E. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Portfolios’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (amounts in thousands), were as follows:

	Purchases		Sales
Large Cap International Portfolio	$	196,375	$	288,378
International Core Equity Portfolio	$	889,908	$	1,706,117
DFA International Real Estate Securities Portfolio	$	209,300	$	378,286
DFA Global Real Estate Securities Portfolio	$	333,020	$	46
DFA International Small Cap Value Portfolio	$	839,856	$	1,292,403
International Vector Equity Portfolio	$	169,896	$	322,713
International High Relative Profitability Portfolio	$	68,110	$	258,486
World ex U.S. Core Equity Portfolio	$	125,592	$	154,848
World ex U.S. Targeted Value Portfolio	$	72,886	$	62,382
Emerging Markets Core Equity Portfolio	$	775,413	$	1,044,137
Emerging Markets Targeted Value Portfolio	$	25,073	$	25,416
Emerging Markets ex China Core Equity Portfolio	$	94,817	$	49,554

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

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments/Summary Schedule of Portfolio Holdings, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
Large Cap International Portfolio
The DFA Short Term Investment Fund	$	246,081	$	701,443	$	638,491	$	14		$	106		$	309,153		26,727	$	5,183		—
Total	$	246,081	$	701,443	$	638,491	$	14		$	106		$	309,153		26,727	$	5,183		—
International Core Equity Portfolio
The DFA Short Term Investment Fund	$	1,476,616	$	3,203,442	$	3,032,823	$	71		$	689		$	1,647,995		142,474	$	30,321		—
Total	$	1,476,616	$	3,203,442	$	3,032,823	$	71		$	689		$	1,647,995		142,474	$	30,321		—
Global Small Company Portfolio
U.S. Small Cap Portfolio	$	51,475	$	4,346	$	2,746	$	(335	)	$	(2,257	)	$	50,483		1,295	$	321	$	1,919
Total	$	51,475	$	4,346	$	2,746	$	(335	)	$	(2,257	)	$	50,483		1,295	$	321	$	1,919

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	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
DFA International Real Estate Securities Portfolio
The DFA Short Term Investment Fund	$	259,980	$	1,163,187	$	1,230,047	$	11		$	103		$	193,234		16,706	$	3,525		—
Total	$	259,980	$	1,163,187	$	1,230,047	$	11		$	103		$	193,234		16,706	$	3,525		—
DFA Global Real Estate Securities Portfolio
DFA International Real Estate Securities Portfolio	$	2,755,650	$	105,181	$	394,284	$	(149,320	)	$	484,334		$	2,801,561		737,253		—		—
The DFA Short Term Investment Fund		194,324		765,865		794,517		8			97			165,777		14,332	$	3,325		—
DFA Real Estate Securities Portfolio		281,217		—		233,367		158,064			(158,004	)		47,910		1,283		4,940	$	8,561
Total	$	3,231,191	$	871,046	$	1,422,168	$	8,752		$	326,427		$	3,015,248		752,868	$	8,265	$	8,561
DFA International Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	279,235	$	890,263	$	826,558	$	(20	)	$	164		$	343,084		29,661	$	6,601		—
Total	$	279,235	$	890,263	$	826,558	$	(20	)	$	164		$	343,084		29,661	$	6,601		—
International Vector Equity Portfolio
The DFA Short Term Investment Fund	$	159,430	$	349,969	$	315,587	$	1		$	69		$	193,882		16,762	$	3,203		—
Total	$	159,430	$	349,969	$	315,587	$	1		$	69		$	193,882		16,762	$	3,203		—
International High Relative Profitability Portfolio
The DFA Short Term Investment Fund	$	113,814	$	491,404	$	428,568	$	(11	)	$	66		$	176,705		15,277		—		—
Total	$	113,814	$	491,404	$	428,568	$	(11	)	$	66		$	176,705		15,277		—		—
World ex U.S. Value Portfolio
DFA International Small Cap Value Portfolio	$	16,152	$	2,507	$	1,199	$	8		$	3,749		$	21,218		1,036	$	188		—
Total	$	16,152	$	2,507	$	1,199	$	8		$	3,749		$	21,218		1,036	$	188		—
World ex U.S. Core Equity Portfolio
The DFA Short Term Investment Fund	$	167,297	$	266,470	$	259,869	$	(3	)	$	71		$	173,966		15,040	$	2,864		—
Total	$	167,297	$	266,470	$	259,869	$	(3	)	$	71		$	173,966		15,040	$	2,864		—

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	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
World ex U.S. Targeted Value Portfolio
The DFA Short Term Investment Fund	$	1,599	$	11,130	$	11,624		—		$	1	$	1,106		96	$	50		—
Total	$	1,599	$	11,130	$	11,624		—		$	1	$	1,106		96	$	50		—
World Core Equity Portfolio
U.S. Core Equity 1 Portfolio	$	585,918	$	33,913	$	26,449	$	(1,959	)	$	19,359	$	610,782		19,322	$	4,187	$	13,934
International Core Equity Portfolio		260,575		5,849		10,594		(915	)		56,533		311,448		20,987		1,641		—
Emerging Markets Core Equity Portfolio		103,159		6,041		5,107		(434	)		18,234		121,893		5,739		1,094		—
Total	$	949,652	$	45,803	$	42,150	$	(3,308	)	$	94,126	$	1,044,123		46,048	$	6,922	$	13,934
Selectively Hedged Global Equity Portfolio
U.S. Core Equity 2 Portfolio	$	153,472	$	12,331	$	19,608	$	2,508		$	884	$	149,587		5,225	$	1,056	$	4,198
International Core Equity Portfolio		69,823		3,951		10,064		1,021			13,660		78,391		5,282		429		—
Emerging Markets Core Equity Portfolio		44,197		4,495		7,061		263			7,337		49,231		2,318		462		—
Total	$	267,492	$	20,777	$	36,733	$	3,792		$	21,881	$	277,209		12,825	$	1,947	$	4,198
Emerging Markets Core Equity Portfolio
The DFA Short Term Investment Fund	$	424,406	$	670,944	$	885,891	$	6		$	189	$	209,654		18,125	$	8,161		—
Total	$	424,406	$	670,944	$	885,891	$	6		$	189	$	209,654		18,125	$	8,161		—
Emerging Markets Targeted Value Portfolio
The DFA Short Term Investment Fund	$	1,666	$	7,367	$	8,146		—		$	2	$	889		77		—		—
Total	$	1,666	$	7,367	$	8,146		—		$	2	$	889		77		—		—
Emerging Markets ex China Core Equity Portfolio
The DFA Short Term Investment Fund	$	6,638	$	25,221	$	27,682		—		$	4	$	4,181		361	$	84		—
Total	$	6,638	$	25,221	$	27,682		—		$	4	$	4,181		361	$	84		—

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.

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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 GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of realized gains on securities considered to be “passive foreign investment companies,” non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2021, and October 31, 2022, were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
Large Cap International Portfolio
2021	$	144,492		—		—	$	144,492
2022		180,306		—		—		180,306
International Core Equity Portfolio
2021		761,635		—		—		761,635
2022		1,137,901		—		—		1,137,901
Global Small Company Portfolio
2021		727		—		—		727
2022		1,603	$	1,952		—		3,555
International Small Company Portfolio
2021		220,133		—		—		220,133
2022		483,283		367,884		—		851,167
Japanese Small Company Portfolio
2021		10,581		—		—		10,581
2022		9,064		9,423		—		18,487
Asia Pacific Small Company Portfolio
2021		12,808		—		—		12,808
2022		15,273		26,996		—		42,269
United Kingdom Small Company Portfolio
2021		588		—		—		588
2022		1,165		742		—		1,907
Continental Small Company Portfolio
2021		13,462		—		—		13,462
2022		24,283		13,197		—		37,480
DFA International Real Estate Securities Portfolio
2021		—		—		—		—
2022		447,007		—		—		447,007
DFA Global Real Estate Securities Portfolio
2021		153,865		33,088		—		186,953
2022		384,272		96,161		—		480,433

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	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA International Small Cap Value Portfolio
2021	$	258,254	$	—		—	$	258,254
2022		477,746		38,826		—		516,572
International Vector Equity Portfolio
2021		74,200		—		—		74,200
2022		118,326		68,984		—		187,310
International High Relative Profitability Portfolio
2021		43,180		—		—		43,180
2022		68,053		10,953		—		79,006
World ex U.S. Value Portfolio
2021		8,755		—		—		8,755
2022		10,666		—		—		10,666
World ex U.S. Core Equity Portfolio
2021		98,429		—		—		98,429
2022		119,143		—		—		119,143
World ex U.S. Targeted Value Portfolio
2021		13,860		—		—		13,860
2022		20,430		36,246		—		56,676
World Core Equity Portfolio
2021		16,210		—		—		16,210
2022		22,839		8,329		—		31,168
Selectively Hedged Global Equity Portfolio
2021		3,648		3,286		—		6,934
2022		7,741		13,787		—		21,528
Emerging Markets Portfolio
2021		122,695		—		—		122,695
2022		157,133		215,646		—		372,779
Emerging Markets Small Cap Portfolio
2021		128,503		—		—		128,503
2022		235,523		93,647		—		329,170
Emerging Markets Value Portfolio
2021		382,292		—		—		382,292
2022		558,916		—		—		558,916
Emerging Markets Core Equity Portfolio
2021		590,306		—		—		590,306
2022		942,726		—		—		942,726
Emerging Markets Targeted Value Portfolio
2021		4,500		—		—		4,500
2022		11,192		10,941		—		22,133
Emerging Markets ex China Core Equity Portfolio
2022		10,224		—		—		10,224

The Emerging Markets ex China Core Equity Portfolio commenced operations on November 15, 2021, and did not pay any distributions for the year ended October 31, 2021.

127

As of October 31, 2022, 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 use 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
Large Cap International Portfolio	$	(5,894	)		—		$	(5,894	)
International Core Equity Portfolio		(36,300	)		—			(36,300	)
Global Small Company Portfolio		(91	)		—			(91	)
International Small Company Portfolio		(27,229	)	$	(4,799	)		(32,028	)
Japanese Small Company Portfolio		(403	)		(338	)		(741	)
Asia Pacific Small Company Portfolio		(625	)		—			(625	)
United Kingdom Small Company Portfolio		—			—			—
Continental Small Company Portfolio		(133	)		—			(133	)
DFA International Real Estate Securities Portfolio		—			—			—
DFA Global Real Estate Securities Portfolio		(29,561	)		—			(29,561	)
DFA International Small Cap Value Portfolio		(15,129	)		—			(15,129	)
International Vector Equity Portfolio		(5,066	)		—			(5,066	)
International High Relative Profitability Portfolio		(3,243	)		—			(3,243	)
World ex U.S. Value Portfolio		(395	)		—			(395	)
World ex U.S. Core Equity Portfolio		(4,426	)		—			(4,426	)
World ex U.S. Targeted Value Portfolio		(1,545	)		—			(1,545	)
World Core Equity Portfolio		(111	)		(1,455	)		(1,566	)
Selectively Hedged Global Equity Portfolio		(1,825	)		(576	)		(2,401	)
Emerging Markets Portfolio		(17,451	)		(4,966	)		(22,417	)
Emerging Markets Small Cap Portfolio		(9,776	)		(4,687	)		(14,463	)
Emerging Markets Value Portfolio		(29,129	)		—			(29,129	)
Emerging Markets Core Equity Portfolio		(72,610	)		—			(72,610	)
Emerging Markets Targeted Value Portfolio		(491	)		(863	)		(1,354	)
Emerging Markets ex China Core Equity Portfolio		(1,148	)		—			(1,148	)

As of October 31, 2022, 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 Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
Large Cap International Portfolio	$	11,634		—	$	(472,554	)	$	643,490		$	182,570
International Core Equity Portfolio		17,601		—		(913,989	)		74,387			(822,001	)
Global Small Company Portfolio		753	$	38		—			2,050			2,841
International Small Company Portfolio		68,133		121,673		—			(928,518	)		(738,712	)
Japanese Small Company Portfolio		3,187		11,988		—			(32,606	)		(17,431	)
Asia Pacific Small Company Portfolio		6,344		15,727		—			(75,313	)		(53,242	)
United Kingdom Small Company Portfolio		—		—		(2,765	)		(4,185	)		(6,950	)
Continental Small Company Portfolio		2,643		—		(25,916	)		(27,990	)		(51,263	)
DFA International Real Estate Securities Portfolio		—		—		(657,909	)		(1,342,213	)		(2,000,122	)

128

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
DFA Global Real Estate Securities Portfolio	$	41,604	$	312,816		—		$	(606,343	)	$	(251,923	)
DFA International Small Cap Value Portfolio		68,218		—	$	(57,347	)		(677,076	)		(666,205	)
International Vector Equity Portfolio		8,361		—		(12,557	)		34,959			30,763
International High Relative Profitability Portfolio		457		—		(55,801	)		(45,485	)		(100,829	)
World ex U.S. Value Portfolio		1,370		—		(9,831	)		(1,980	)		(10,441	)
World ex U.S. Core Equity Portfolio		10,324		—		(29,962	)		(108,673	)		(128,311	)
World ex U.S. Targeted Value Portfolio		1,200		—		(12,457	)		(87,169	)		(98,426	)
World Core Equity Portfolio		—		13,462		—			164,859			178,321
Selectively Hedged Global Equity Portfolio		14,094		8,996		—			77,009			100,099
Emerging Markets Portfolio		21,663		10,992		—			807,386			840,041
Emerging Markets Small Cap Portfolio		6,751		76,813		—			(252,803	)		(169,239	)
Emerging Markets Value Portfolio		79,331		—		(1,360,368	)		(570,999	)		(1,852,036	)
Emerging Markets Core Equity Portfolio		96,334		—		(2,133,382	)		678,979			(1,358,069	)
Emerging Markets Targeted Value Portfolio		4,020		3,675		—			(16,252	)		(8,557	)
Emerging Markets ex China Core Equity Portfolio		105		—		(9,242	)		(87,455	)		(96,592	)

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, 2022, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

	Unlimited		Total
Large Cap International Portfolio	$	472,554	$	472,554
International Core Equity Portfolio		913,989		913,989
United Kingdom Small Company Portfolio		2,765		2,765
Continental Small Company Portfolio		25,916		25,916
DFA International Real Estate Securities Portfolio		657,909		657,909
DFA International Small Cap Value Portfolio		57,347		57,347
International Vector Equity Portfolio		12,557		12,557
International High Relative Profitability Portfolio		55,801		55,801
World ex U.S. Value Portfolio		9,831		9,831
World ex U.S. Core Equity Portfolio		29,962		29,962
World ex U.S. Targeted Value Portfolio		12,457		12,457
Emerging Markets Value Portfolio		1,360,368		1,360,368
Emerging Markets Core Equity Portfolio		2,133,382		2,133,382
Emerging Markets ex China Core Equity Portfolio		9,242		9,242

129

During the year ended October 31, 2022, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

International Core Equity Portfolio	$	351,020
World ex U.S. Value Portfolio		49
World ex U.S. Core Equity Portfolio		70,379
Emerging Markets Value Portfolio		349,233
Emerging Markets Core Equity Portfolio		14,600

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Large Cap International Portfolio	$	4,283,233	$	1,864,455	$	(216,498	)	$	1,647,957
International Core Equity Portfolio		26,435,357		8,155,002		(2,687,110	)		5,467,892
Global Small Company Portfolio		82,907		6,969		(300	)		6,669
International Small Company Portfolio		10,087,613		1,110,942		(154,178	)		956,764
Japanese Small Company Portfolio		235,353		24,635		—			24,635
Asia Pacific Small Company Portfolio		270,374		—		(39,995	)		(39,995	)
United Kingdom Small Company Portfolio		22,182		1,479		—			1,479
Continental Small Company Portfolio		646,675		120,149		—			120,149
DFA International Real Estate Securities Portfolio		5,563,735		601,078		(935,214	)		(334,136	)
DFA Global Real Estate Securities Portfolio		8,405,411		1,080,915		(1,171,987	)		(91,072	)
DFA International Small Cap Value Portfolio		10,265,199		2,239,073		(1,090,554	)		1,148,519
International Vector Equity Portfolio		2,892,523		825,185		(247,771	)		577,414
International High Relative Profitability Portfolio		1,625,803		341,014		(73,257	)		267,757
World ex U.S. Value Portfolio		218,510		36,556		—			36,556
World ex U.S. Core Equity Portfolio		3,315,681		919,702		(410,569	)		509,133
World ex U.S. Targeted Value Portfolio		655,998		96,044		(68,692	)		27,352
World Core Equity Portfolio		785,411		288,098		—			288,098
Selectively Hedged Global Equity Portfolio		178,328		104,209		(1,013	)		103,196
Emerging Markets Portfolio		3,014,058		1,523,430		—			1,523,430
Emerging Markets Small Cap Portfolio		3,737,887		339,502		—			339,502
Emerging Markets Value Portfolio		9,448,866		1,124,072		—			1,124,072
Emerging Markets Core Equity Portfolio		19,766,163		8,087,312		(3,274,865	)		4,812,447
Emerging Markets Targeted Value Portfolio		214,277		37,787		(28,942	)		8,845
Emerging Markets ex China Core Equity Portfolio		554,066		38,166		(62,398	)		(24,232	)

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 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 Portfolios’ tax positions and has concluded that no additional provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax positions for which it is more likely than not 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.

130

G. Capital Share Transactions:

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

	Six Months Ended						Year Ended
	April 30, 2023						October 31, 2022
	(Unaudited)
	Amount			Shares			Amount			Shares
Emerging Markets Value Portfolio
Class R2 Shares
Shares Issued	$	2,939			110		$	3,651			126
Shares Issued in Lieu of Cash Distributions		222			8			643			24
Shares Redeemed		(403	)		(15	)		(1,372	)		(47	)
Net Increase (Decrease) — Class R2 Shares	$	2,758			103		$	2,922			103
Institutional Class Shares
Shares Issued	$	539,653			19,976		$	1,869,015			64,765
Shares Issued in Lieu of Cash Distributions		154,432			5,754			535,904			19,754
Shares Redeemed		(1,353,805	)		(50,381	)		(3,126,872	)		(106,882	)
Net Increase (Decrease) — Institutional Class Shares	$	(659,720	)		(24,651	)	$	(721,953	)		(22,363	)

H. Financial Instruments:

In accordance with the Portfolios’ investment objectives and policies, the Portfolios may invest either directly or indirectly (through their investments in corresponding Master/Underlying Funds), 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. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Portfolios may be inhibited.

Portfolios that have significant exposure to certain countries, such as the United Kingdom Small Company Portfolio’s Master Fund that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom’s (UK) exit from the EU (referred to as “Brexit”). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Portfolios, the ultimate impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Portfolios’ investments.

Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Portfolios.

131

2. Forward Currency Contracts: The Portfolios listed below may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency. The Selectively Hedged Global Equity Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Selectively Hedged Global Equity 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 forward currency contracts. 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 forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

3. Futures Contracts: Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Selectively Hedged Global Equity Portfolio may also use futures contracts to hedge some or all of the currency exposure of its foreign securities. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount 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 Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios 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 entrance 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. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amounts in thousands):

	Forward
	Currency
	Contracts*		Futures**
Large Cap International Portfolio	$	—	$	39,801
International Core Equity Portfolio		—		240,493
International Small Company Portfolio		—		78,782
DFA International Real Estate Securities Portfolio		—		33,972
DFA Global Real Estate Securities Portfolio		—		4,607
DFA International Small Cap Value Portfolio		—		107,527
International Vector Equity Portfolio		—		22,434
International High Relative Profitability Portfolio		—		88
World ex U.S. Core Equity Portfolio		—		29,065
World ex U.S. Targeted Value Portfolio		—		1,161
Selectively Hedged Global Equity Portfolio		79,444		3,500
Emerging Markets Core Equity Portfolio		—		193,407
Emerging Markets Targeted Value Portfolio		—		1,148
Emerging Markets ex China Core Equity Portfolio		—		1,568

* Average amount of Currency Purchased/Sold in USD.

** Average Notional Value of futures contracts.

132

The following is a summary of the Portfolios’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value		Forward
	at		Currency		Equity
	April 30, 2023		Contracts (1)		Contracts *,(2)
Large Cap International Portfolio	$	1,461		—	$	1,461
International Core Equity Portfolio		12,598		—		12,598
International Small Company Portfolio		4,276		—		4,276
DFA International Real Estate Securities Portfolio		426		—		426
DFA International Small Cap Value Portfolio		4,476		—		4,476
International Vector Equity Portfolio		1,158		—		1,158
International High Relative Profitability Portfolio		13		—		13
World ex U.S. Core Equity Portfolio		1,504		—		1,504
World ex U.S. Targeted Value Portfolio		3		—		3
Selectively Hedged Global Equity Portfolio		745	$	566		179
Emerging Markets Core Equity Portfolio		9,064		—		9,064
Emerging Markets Targeted Value Portfolio		66		—		66

	Liability Derivatives Value
	Total Value			Forward
	at			Currency
	April 30, 2023			Contracts (3)
Selectively Hedged Global Equity Portfolio	$	(1,013	)	$	(1,013	)

⁽¹⁾ Presented on Statements of Assets and Liabilities as Unrealized Gain on Forward Currency Contracts.

⁽²⁾ Presented on Statements of Assets and Liabilities as Receivables: Futures Margin Variation.

⁽³⁾ Presented on Statements of Assets and Liabilities as Unrealized Loss on Forward Currency Contracts.

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

133

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 for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on
	Derivatives
				Forward
				Currency			Equity
	Total			Contracts (1)			Contracts (2)
Large Cap International Portfolio	$	4,681			—		$	4,681
International Core Equity Portfolio		6,001			—			6,001
International Small Company Portfolio		6,269			—			6,269
DFA International Real Estate Securities Portfolio		1,433			—			1,433
DFA Global Real Estate Securities Portfolio		957			—			957
DFA International Small Cap Value Portfolio		4,667			—			4,667
International Vector Equity Portfolio		502			—			502
International High Relative Profitability Portfolio		134			—			134
World ex U.S. Core Equity Portfolio		1,181			—			1,181
World ex U.S. Targeted Value Portfolio		128			—			128
Selectively Hedged Global Equity Portfolio		(3,708	)	$	(3,602	)		(106	)
Emerging Markets Core Equity Portfolio		8,352			—			8,352
Emerging Markets Targeted Value Portfolio		100			—			100
Emerging Markets ex China Core Equity Portfolio		356			—			356

	Change in Unrealized Appreciation
	(Depreciation) on Derivatives
				Forward
				Currency			Equity
	Total			Contracts (3)			Contracts (4)
Large Cap International Portfolio	$	29			—		$	29
International Core Equity Portfolio		6,702			—			6,702
International Small Company Portfolio		1,864			—			1,864
DFA International Real Estate Securities Portfolio		(1,155	)		—			(1,155	)
DFA Global Real Estate Securities Portfolio		(1,144	)		—			(1,144	)
DFA International Small Cap Value Portfolio		1,053			—			1,053
International Vector Equity Portfolio		719			—			719
International High Relative Profitability Portfolio		13			—			13
World ex U.S. Core Equity Portfolio		637			—			637
World ex U.S. Targeted Value Portfolio		3			—			3
Selectively Hedged Global Equity Portfolio		(240	)	$	(551	)		311
Emerging Markets Core Equity Portfolio		3,333			—			3,333
Emerging Markets Targeted Value Portfolio		66			—			66

⁽¹⁾ Presented on Statements of Operations as Net Realized Gain (Loss) on: Forward Currency Contracts.

⁽²⁾ Presented on Statements of Operations as Net Realized Gain (Loss) on: Futures.

⁽³⁾ Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

⁽⁴⁾ Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

134

Offsetting of Derivative Assets and Derivative Liabilities:

In order to better define its contractual rights and to secure rights that will help a Portfolio mitigate its counterparty risk, the Fund on behalf of applicable Portfolios entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund, on behalf of a Portfolio, and a counterparty that governs over-the-counter (OTC) derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, a Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Portfolios do not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities.

The following table presents the Portfolios’ gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolios as of April 30, 2023 (amounts in thousands):

			Net		Gross Amounts Not											Net		Gross Amounts Not
			Amounts		Offset in the											Amounts		Offset in the
			of		Statements of Assets											of		Statements of Assets
			Assets		and Liabilities											Liabilities		and Liabilities
			Presented													Presented
	Gross		in the											Gross		in the
	Amounts of		Statements											Amounts of		Statements
	Recognized		of Assets		Financial			Non-Cash		Cash		Net		Recognized		of Assets		Financial			Non-Cash		Cash		Net
	Assets		and		Instruments			Collateral		Collateral		Amount		Liabilities		and		Instruments			Collateral		Collateral		Amount
Description	(a)		Liabilities		(b)			Received		Received		(c)		(a)		Liabilities		(d)			Pledged		Pledged		(e)
	Assets													Liabilities
Selectively Hedged Global Equity Portfolio Citibank, N.A.	$	100	$	100	$	(18	)		—		—	$	82	$	18	$	18	$	(18	)		—		—		—
State Street Bank and Trust		39		39		(39	)		—		—		—		883		883		(39	)		—		—	$	844
HSBC Bank		31		31		(31	)		—		—		—		31		31		(31	)		—		—		—
Bank of America Corp.		4		4		(4	)		—		—		—		81		81		(4	)		—		—		77
Australia & New Zealand Banking Group Ltd.		392		392		—			—		—		392		—		—		—			—		—		—
Total	$	566	$	566	$	(92	)		—		—	$	474	$	1,013	$	1,013	$	(92	)		—		—	$	921

^(a) No amounts have been netted against the gross amounts recognized in the Statements of Assets and Liabilities.

^(b) Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar agreements that management elects not to offset on the Statements of Assets and Liabilities.

^(c) Represents the net amount due from counterparties in the event of default.

^(d) Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar agreements that management elects not to offset on the Statements of Assets and Liabilities.

^(e) Represents the net amount due to counterparties in the event of default.

I. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. Each portfolio is permitted to borrow, subject to its investment

135

limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed 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 agreement for the line of credit expires on April 3, 2024.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

For the six months ended April 30, 2023, borrowings by the following Portfolios under the lines of credit were as follows (amounts in thousands, except percentages and days):

	Weighted			Weighted		Number of		Interest		Maximum Amount		Outstanding
	Average			Average		Days		Expense		Borrowed During		Borrowings
	Interest Rate			Loan Balance		Outstanding*		Incurred		the Period		as of 04/30/2023
Large Cap International Portfolio		5.19	%	$	2,460		7	$	2	$	9,549		—
International Core Equity Portfolio		5.01	%		1,744		17		4		15,684		—
Global Small Company Portfolio		4.97	%		70		19		—		172		—
DFA International Real Estate Securities Portfolio		4.84	%		15,177		9		17		73,588		—
DFA Global Real Estate Securities Portfolio		4.91	%		7,208		15		14		17,333	$	2,755
DFA International Small Cap Value Portfolio		5.10	%		1,632		24		6		11,643		—
International Vector Equity Portfolio		4.83	%		1,977		4		1		3,907		—
International High Relative Profitability Portfolio		5.13	%		2,043		124		35		15,148		—
World ex U.S. Value Portfolio		5.27	%		132		23		—		518		25
World ex U.S. Core Equity Portfolio		5.26	%		1,205		14		2		3,683		—
World ex U.S. Targeted Value Portfolio		5.06	%		374		35		2		1,175		382
World Core Equity Portfolio		4.87	%		2,263		18		6		8,963		—
Emerging Markets Core Equity Portfolio		5.16	%		1,435		3		1		3,725		—
Emerging Markets Targeted Value Portfolio		3.83	%		1,586		3		1		2,297		—
Emerging Markets ex China Core Equity Portfolio		4.63	%		10,471		12		16		39,932		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023, that each Portfolio’s available line of credit was used.

136

Pursuant to an exemptive order issued by the SEC (the “Order”), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

For the six months ended April 30, 2023, activity by the Portfolios under the interfund lending program was as follows (amounts in thousands, except percentages and days):

			Weighted			Weighted		Number of		Interest		Maximum Amount		Outstanding
	Borrower or		Average			Average Loan		Days		Expense/		Borrowed/Loaned		Borrowings
	Lender		Interest Rate			Balance		Outstanding*		Income		During the Period		as of 04/30/2023
DFA International Real Estate Securities Portfolio		Borrower		4.19	%	$	37,900		4	$	18	$	40,150		—
DFA Global Real Estate Securities Portfolio		Borrower		4.19	%		42,824		3		15		42,824	$	2,755

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023 that the Portfolio utilized the interfund lending program.

J. Affiliated Trades:

Cross trades for the six months ended April 30, 2023, if any, were executed by the Portfolios pursuant to procedures adopted by the Board of Directors of the Fund to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board of Directors of the Fund.

137

For the six months ended April 30, 2023, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):

Portfolio	Purchases		Sales		Realized Gain (Loss)
Large Cap International Portfolio	$	21,702	$	16,791	$	(2,487	)
International Core Equity Portfolio		30,540		123,798		(37,326	)
DFA Global Real Estate Securities Portfolio		13,779		—		—
DFA International Small Cap Value Portfolio		141,878		95,513		24,691
International Vector Equity Portfolio		13,879		28,484		3,711
International High Relative Profitability Portfolio		2,848		29,055		(679	)
World ex U.S. Core Equity Portfolio		8,665		10,884		(1,445	)
World ex U.S. Targeted Value Portfolio		3,873		2,627		(493	)
Emerging Markets Core Equity Portfolio		1,723		8,976		(1,681	)
Emerging Markets Targeted Value Portfolio		260		281		56
Emerging Markets ex China Core Equity Portfolio		498		201		(40	)

K. Securities Lending:

As of April 30, 2023, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. The Portfolios also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

	Non-Cash
	Collateral
	Market
	Value
Large Cap International Portfolio	$	35,226
International Core Equity Portfolio		275,810
DFA International Real Estate Securities Portfolio		16,729
DFA International Small Cap Value Portfolio		68,563
International Vector Equity Portfolio		32,935
International High Relative Profitability Portfolio		4,097
World ex U.S. Core Equity Portfolio		40,642
World ex U.S. Targeted Value Portfolio		3,943
Emerging Markets Core Equity Portfolio		738,503
Emerging Markets Targeted Value Portfolio		5,005
Emerging Markets ex China Core Equity Portfolio		3,045

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 in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio’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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and 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. In the event of the bankruptcy of the borrower, a Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

138

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in 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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, 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 for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements
	As of April 30, 2023
	Overnight and				Between
	Continuous		<30 days		30 & 90 days		>90 days		Total
Securities Lending Transactions
Large Cap International Portfolio Common Stocks	$	309,228		—		—		—	$	309,228
International Core Equity Portfolio Common Stocks, Rights/Warrants		1,648,420		—		—		—		1,648,420
DFA International Real Estate Securities Portfolio Common Stocks		193,402		—		—		—		193,402
DFA Global Real Estate Securities Portfolio Common Stocks		165,774		—		—		—		165,774
DFA International Small Cap Value Portfolio Common Stocks		343,077		—		—		—		343,077
International Vector Equity Portfolio Common Stocks, Rights/Warrants		193,901		—		—		—		193,901
International High Relative Profitability Portfolio Common Stocks		176,725		—		—		—		176,725
World ex U.S. Core Equity Portfolio Common Stocks		174,029		—		—		—		174,029
World ex U.S. Targeted Value Portfolio Common Stocks, Preferred Stocks, Rights/Warrants		1,107		—		—		—		1,107
Emerging Markets Core Equity Portfolio Common Stocks		209,770		—		—		—		209,770
Emerging Markets Targeted Value Portfolio Common Stocks		890		—		—		—		890
Emerging Markets ex China Core Equity Portfolio Common Stocks		4,180		—		—		—		4,180

139

L. Shareholder Servicing Fees:

The Class R2 Shares pay a shareholder servicing fee in an amount up to 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 Emerging Markets Value Portfolio Class R2 Shares.

M. 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 that 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.

N. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Portfolios’ financial statements.

O. Other:

As of April 30, 2023, the following number of shareholders held the following approximate percentages of the Portfolios’ outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

			Approximate
			Percentage
	Number of		of Outstanding
	Shareholders		Shares
Large Cap International Portfolio-Institutional Class		4		73	%
International Core Equity Portfolio-Institutional Class		4		70	%
Global Small Company Portfolio-Institutional Class		4		95	%
International Small Company Portfolio-Institutional Class		4		80	%
Japanese Small Company Portfolio-Institutional Class		3		83	%
Asia Pacific Small Company Portfolio-Institutional Class		2		90	%
United Kingdom Small Company Portfolio-Institutional Class		4		91	%
Continental Small Company Portfolio-Institutional Class		2		92	%
DFA International Real Estate Securities Portfolio-Institutional Class		4		93	%
DFA Global Real Estate Securities Portfolio-Institutional Class		3		66	%
DFA International Small Cap Value Portfolio-Institutional Class		4		75	%
International Vector Equity Portfolio-Institutional Class		3		83	%
International High Relative Profitability Portfolio-Institutional Class		3		88	%
World ex U.S. Value Portfolio-Institutional Class		6		78	%
World ex U.S. Core Equity Portfolio-Institutional Class		3		73	%
World ex U.S. Targeted Value Portfolio-Institutional Class		3		98	%

140

			Approximate
			Percentage
	Number of		of Outstanding
	Shareholders		Shares
World Core Equity Portfolio-Institutional Class		6		86	%
Selectively Hedged Global Equity Portfolio-Institutional Class		3		84	%
Emerging Markets Portfolio-Institutional Class		3		67	%
Emerging Markets Small Cap Portfolio-Institutional Class		3		60	%
Emerging Markets Value Portfolio-Class R2		1		97	%
Emerging Markets Value Portfolio-Institutional Class		2		40	%
Emerging Markets Core Equity Portfolio-Institutional Class		3		64	%
Emerging Markets Targeted Value Portfolio-Institutional Class		3		93	%
Emerging Markets ex China Core Equity Portfolio-Institutional Class		4		97	%

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios’ financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

P. Subsequent Event Evaluations:

The Board of Directors of the Fund approved a Plan of Recapitalization pursuant to which the Class R2 shares ("Class R shares") of the Emerging Markets Value Portfolio converted into Institutional Class shares of the Portfolio (the “Recapitalization”) on June 9, 2023. The Portfolio did not accept any additional purchases of Class R shares after the close of market on June 7, 2023. As a result of the Recapitalization, shareholders holding Class R shares of the Portfolio received Institutional Class shares of the Portfolio in exchange for their Class R shares with an aggregate net asset value equal to the aggregate net asset value of the Class R shares so exchanged. The value of a shareholder’s investment in the Portfolio was not impacted by the conversion, however, a shareholder received fewer Institutional Class shares than the number of Class R shares held at the time of the conversion because the Class R shares had a higher net asset value per share. Following the Recapitalization, the Class R shares of the Portfolio have ceased operations.

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

141

DIMENSIONAL INVESTMENT GROUP INC.

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 and 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” reflects 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.

142

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Six Months Ended April 30, 2023
EXPENSE TABLE

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA International Value Portfolio (2)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,215.60		0.53	%	$	2.91
Institutional Class Shares	$	1,000.00	$	1,216.80		0.28	%	$	1.54
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,022.17		0.53	%	$	2.66
Institutional Class Shares	$	1,000.00	$	1,023.41		0.28	%	$	1.40

(1) 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.

(2) The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the allocation of the Feeder Fund’s portion of the expenses of its Master Fund (Affiliated Investment Company).

143

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 as an exhibit to their reports on Form N-PORT. For Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional Investment Group Inc. filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this requirement.

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

FEEDER FUND

	Affiliated Investment Company
DFA International Value Portfolio		100.0	%

144

DFA INTERNATIONAL VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	8,844,638,694
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	8,844,638,694

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2023, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

145

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

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

	DFA International Value Portfolio
ASSETS:
Investments in Affiliated Investment Company at Value	$	8,844,639
Receivables:
Fund Shares Sold		5,203
Prepaid Expenses and Other Assets		56
Total Assets		8,849,898
LIABILITIES:
Payables:
Fund Shares Redeemed		8,150
Due to Advisor		360
Accrued Expenses and Other Liabilities		111
Total Liabilities		8,621
NET ASSETS	$	8,841,277
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $4,893 and shares outstanding of 252,250	$	19.40
NUMBER OF SHARES AUTHORIZED		100,000,000
Institutional Class Shares — based on net assets of $8,836,384 and shares outstanding of 454,024,447	$	19.46
NUMBER OF SHARES AUTHORIZED		1,500,000,000
NET ASSETS CONSIST OF:
Paid-In Capital	$	7,853,093
Total Distributable Earnings (Loss)		988,184
NET ASSETS	$	8,841,277

See accompanying Notes to Financial Statements.

146

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	DFA International Value Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $21,763)	$	193,340
Interest		119
Income from Securities Lending		2,591
Expenses Allocated from Affiliated Investment Companies		(8,745	)
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		187,305
Fund Expenses
Investment Management Fees		10,466
Accounting & Transfer Agent Fees		496
Shareholder Servicing Fees Class R2 Shares		5
Filing Fees		126
Shareholders’ Reports		112
Directors’/Trustees’ Fees & Expenses		33
Professional Fees		36
Other		18
Total Fund Expenses		11,292
Fees Waived, Expenses Reimbursed by Advisor (Note C)
Class R2 Shares		4
Institutional Class Shares		8,369
Net Expenses		2,919
Net Investment Income (Loss)		184,386
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		50,059
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		1,368,938
Net Realized and Unrealized Gain (Loss)		1,418,997
Net Increase (Decrease) in Net Assets Resulting from Operations.	$	1,603,383

** Net of foreign capital gain taxes withheld of $0.

* 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.

147

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA International Value
	Portfolio***
	Six Months			Year
	Ended			Ended
	Apr 30,			Oct 31,
	2023			2022
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	184,386		$	350,567
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company*,**		50,059			(7,444	)
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		1,368,938			(1,569,559	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,603,383			(1,226,436	)
Distributions:
Class R2 Shares		(43	)		(78	)
Institutional Class Shares		(101,396	)		(402,623	)
Total Distributions		(101,439	)		(402,701	)
Capital Share Transactions (1):
Shares Issued		639,619			2,471,605
Shares Issued in Lieu of Cash Distributions		99,705			396,749
Shares Redeemed		(893,913	)		(2,059,528	)
Net Increase (Decrease) from Capital Share Transactions		(154,589	)		808,826
Total Increase (Decrease) in Net Assets		1,347,355			(820,311	)
Net Assets
Beginning of Period		7,493,922			8,314,233
End of Period	$	8,841,277		$	7,493,922
(1) Shares Issued and Redeemed:
Shares Issued		34,786			134,715
Shares Issued in Lieu of Cash Distributions		5,517			22,689
Shares Redeemed		(48,982	)		(114,398	)
Net Increase (Decrease) from Shares Issued and Redeemed		(8,679	)		43,006

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0.

*** 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.

148

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Value Portfolio-Class R2 Shares
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	16.14		$	19.74		$	13.50		$	17.13		$	17.68		$	19.89
Income from Investment Operations (A)
Net Investment Income (Loss)		0.41			0.78			0.62			0.38			0.58			0.54
Net Gains (Losses) on Securities (Realized and Unrealized)		3.05			(3.49	)		6.17			(3.61	)		(0.10	)		(2.21	)
Total from Investment Operations		3.46			(2.71	)		6.79			(3.23	)		0.48			(1.67	)
Less Distributions:
Net Investment Income		(0.20	)		(0.85	)		(0.55	)		(0.40	)		(0.51	)		(0.54	)
Net Realized Gains		—			(0.04	)		—			—			(0.52	)		—
Total Distributions		(0.20	)		(0.89	)		(0.55	)		(0.40	)		(1.03	)		(0.54	)
Net Asset Value, End of Period	$	19.40		$	16.14		$	19.74		$	13.50		$	17.13		$	17.68
Total Return		21.56	%(B)		(13.98	%)		50.55	%		(19.08	%)		3.13	%		(8.59	%)
Net Assets, End of Period (thousands)	$	4,893		$	1,425		$	1,753		$	835		$	1,191		$	1,477
Ratio of Expenses to Average Net Assets (E)		0.53	%(C)		0.42	%		0.60	%		0.65	%		0.69	%		0.68	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.73	%(C)		0.62	%		0.80	%		0.85	%		0.89	%		0.88	%
Ratio of Net Investment Income to Average Net Assets		4.41	%(C)		4.26	%		3.31	%		2.56	%		3.43	%		2.72	%

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

See accompanying Notes to Financial Statements.

149

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Value Portfolio-Institutional Class Shares
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Net Asset Value, Beginning of Period	$	16.19		$	19.80		$	13.54		$	17.18		$	17.74		$	19.94
Income from Investment Operations (A)
Net Investment Income (Loss)		0.40			0.79			0.62			0.38			0.63			0.60
Net Gains (Losses) on Securities (Realized and Unrealized)		3.09			(3.49	)		6.23			(3.58	)		(0.11	)		(2.21	)
Total from Investment Operations		3.49			(2.70	)		6.85			(3.20	)		0.52			(1.61	)
Less Distributions:
Net Investment Income		(0.22	)		(0.87	)		(0.59	)		(0.44	)		(0.56	)		(0.59	)
Net Realized Gains		—			(0.04	)		—			—			(0.52	)		—
Total Distributions		(0.22	)		(0.91	)		(0.59	)		(0.44	)		(1.08	)		(0.59	)
Net Asset Value, End of Period	$	19.46		$	16.19		$	19.80		$	13.54		$	17.18		$	17.74
Total Return		21.68	%(B)		(13.90	%)		50.90	%		(18.87	%)		3.37	%		(8.32	%)
Net Assets, End of Period (thousands)	$	8,836,384		$	7,492,497		$	8,312,480		$	6,557,488		$	9,173,478		$	9,421,965
Ratio of Expenses to Average Net Assets (E)		0.28	%(C)		0.30	%		0.36	%		0.40	%		0.44	%		0.43	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (E)		0.48	%(C)		0.50	%		0.56	%		0.60	%		0.64	%		0.63	%
Ratio of Net Investment Income to Average Net Assets		4.40	%(C)		4.30	%		3.36	%		2.57	%		3.70	%		3.01	%

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

See accompanying Notes to Financial Statements.

150

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 (the “1940 Act”), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, one of which, the DFA International Value Portfolio (the “Portfolio”), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

The Portfolio invests substantially all of its assets in The DFA International Value Series (the “Series”), a corresponding series of The DFA Investment Trust Company. As of April 30, 2023, the Portfolio owned 71% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

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

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

The Portfolio’s investment reflects its proportionate interests in the net assets of the Series. The valuation is classified as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

151

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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.

The Directors may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The 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 Directors 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 (unless the Director files an amended Notice selecting a different distribution date).

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. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. 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 Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or the Portfolio are allocated using methods approved by the Board of Directors, 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:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolio. For the six months ended April 30, 2023, the Portfolio’s investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

DFA International Value Portfolio 0.25 % 

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. A portion of the Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2024, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Portfolio, as described in the notes below, will remain in effect permanently, unless terminated by the Portfolio. During the six months ended April 30, 2023, the Portfolio had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the six months ended April 30, 2023, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 2023, are also reflected below (amounts in thousands). At any time that the Annualized

152

Expense Ratio (defined below) of the Class R2 shares of the Portfolio are less than the Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Advisor, however, will not be reimbursed by the Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of the Portfolio, is also 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

Recovery

Waived Fees/

Expense

Total

of Previously

Waived Fees/

Expenses Assumed

Limitation

Management

Waived Fees/

Expenses

Subject to Future

Institutional Class Shares

Amount

Fee Limit

Expenses Assumed

Assumed

Recovery

DFA International Value Portfolio (1)

—

0.25

%

—

$

8,369

—

Class R2 Shares

DFA International Value Portfolio (2)

0.79

%

0.25

%

—

4

—

(1) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund, to the rate listed above as a percentage of the average net assets of the Institutional Class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.30%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.35%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.40%.

(2) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the DFA International Value Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund, to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.30%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.35%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.40%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to assume the direct expenses of Class R2 shares of the Portfolio (excluding management fees and custodian fees), to the extent necessary to limit the annualized expenses of Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above (the “Annualized Expense Ratio”).

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2023, the total related amounts paid by the Fund to the CCO were $7 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

DFA International Value Portfolio $112

E. 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.

153

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 GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of realized gains on securities considered to be “passive foreign investment companies”, non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2021, and October 31, 2022, were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA International Value Portfolio
2021	$	258,456		—		—	$	258,456
2022		402,701		—		—		402,701

As of October 31, 2022, 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 use 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 Value Portfolio	$	(769	)		—	$	(769	)

As of October 31, 2022, 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 Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
DFA International Value Portfolio	$	31,309		—	$	(11,138	)	$	(533,823	)	$	(513,652	)

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, 2022, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

	Unlimited		Total
DFA International Value Portfolio	$	11,138	$	11,138

During the year ended October 31, 2022, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

154

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)		Net Unrealized Appreciation (Depreciation)
DFA International Value Portfolio	$	8,005,690	$	858,617		—	$	858,617

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 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 positions and has concluded that no additional 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 more likely than not 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 remain subject to examination by the Internal Revenue Service.

F. Capital Share Transactions:

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

	Six Months Ended						Year Ended
	April 30, 2023						October 31, 2022
	(Unaudited)
	Amount			Shares			Amount			Shares
DFA International Value Portfolio
Class R2 Shares
Shares Issued	$	3,321			185		$	712			37
Shares Issued in Lieu of Cash Distributions		43			2			77			4
Shares Redeemed		(438	)		(23	)		(787	)		(42	)
Net Increase (Decrease) — Class R2 Shares	$	2,926			164		$	2			(1	)
Institutional Class Shares
Shares Issued	$	636,298			34,601		$	2,470,893			134,678
Shares Issued in Lieu of Cash Distributions		99,662			5,515			396,672			22,685
Shares Redeemed		(893,475	)		(48,959	)		(2,058,741	)		(114,356	)
Net Increase (Decrease) — Institutional Class Shares	$	(157,515	)		(8,843	)	$	808,824			43,007

G. Shareholder Servicing Fees:

The Class R2 Shares pay a shareholder servicing fee in an amount up to 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’s 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.

155

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that 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.

I. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Portfolio’s financial statements.

J. Other:

As of April 30, 2023, the following number of shareholders held the following approximate percentages of the Portfolio’s outstanding shares. 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-Class R2		3		91	%
DFA International Value Portfolio-Institutional Class		4		70	%

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

K. Subsequent Event Evaluations:

The Board of Directors of the Fund approved a Plan of Recapitalization pursuant to which the Class R2 shares (“Class R shares”) of the DFA International Value Portfolio converted into Institutional Class shares of the Portfolio (the “Recapitalization”) on June 9, 2023. The Portfolio did not accept any additional purchases of Class R shares after the close of market on June 7, 2023. As a result of the Recapitalization, shareholders holding Class R shares of the Portfolio received Institutional Class shares of the Portfolio in exchange for their Class R shares with an aggregate net asset value equal to the aggregate net asset value of the Class R shares so exchanged. The value of a shareholder’s investment in the Portfolio was not impacted by the conversion, however, a shareholder received fewer Institutional Class shares than the number of Class R shares held at the time of the conversion because the Class R shares had a higher net asset value per share. Following the Recapitalization, the Class R shares of the Portfolio have ceased operations.

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

156

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 and 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” reflects 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, 2023
EXPENSE TABLES
	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	1,217.20		0.21	%	$	1.15
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.75		0.21	%	$	1.05
The Japanese Small Company Series
Actual Fund Return	$	1,000.00	$	1,200.60		0.12	%	$	0.65
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.12	%	$	0.60

157

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The Asia Pacific Small Company Series
Actual Fund Return	$	1,000.00	$	1,138.60		0.13	%	$	0.69
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.15		0.13	%	$	0.65
The United Kingdom Small Company Series
Actual Fund Return	$	1,000.00	$	1,254.80		0.12	%	$	0.67
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.12	%	$	0.60
The Continental Small Company Series
Actual Fund Return	$	1,000.00	$	1,258.60		0.12	%	$	0.67
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.12	%	$	0.60
The Canadian Small Company Series
Actual Fund Return	$	1,000.00	$	1,100.50		0.11	%	$	0.57
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.25		0.11	%	$	0.55
The Emerging Markets Series
Actual Fund Return	$	1,000.00	$	1,174.40		0.15	%	$	0.81
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.15	%	$	0.75
The Emerging Markets Small Cap Series
Actual Fund Return	$	1,000.00	$	1,165.10		0.26	%	$	1.40
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.51		0.26	%	$	1.30

(1) 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.

158

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 as an exhibit to their reports on Form N-PORT. For The DFA Investment Trust Company, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. The DFA Investment Trust Company filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A 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; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this 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
Communication Services	3.7	%
Consumer Discretionary	12.5	%
Consumer Staples	4.7	%
Energy	14.1	%
Financials	28.4	%
Health Care	6.8	%
Industrials	11.4	%
Information Technology	1.3	%
Materials	13.8	%
Real Estate	2.3	%
Utilities	1.0	%
	100.0	%

The Japanese Small Company Series
Communication Services	2.3	%
Consumer Discretionary	14.8	%
Consumer Staples	8.2	%
Energy	0.8	%
Financials	8.9	%
Health Care	5.0	%
Industrials	29.5	%
Information Technology	14.7	%
Materials	12.6	%
Real Estate	1.4	%
Utilities	1.8	%
	100.0	%

The Asia Pacific Small Company Series
Communication Services	5.8	%
Consumer Discretionary	20.8	%
Consumer Staples	7.2	%
Energy	3.5	%
Financials	13.0	%
Health Care	5.9	%
Industrials	12.3	%
Information Technology	6.4	%
Materials	16.7	%
Real Estate	7.7	%
Utilities	0.7	%
	100.0	%

159

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

The United Kingdom Small Company Series
Communication Services	3.7	%
Consumer Discretionary	18.7	%
Consumer Staples	8.0	%
Energy	3.9	%
Financials	19.0	%
Health Care	4.6	%
Industrials	23.3	%
Information Technology	6.9	%
Materials	5.3	%
Real Estate	3.2	%
Utilities	3.4	%
	100.0	%

The Continental Small Company Series
Communication Services	4.6	%
Consumer Discretionary	8.6	%
Consumer Staples	4.6	%
Energy	3.3	%
Financials	17.2	%
Health Care	5.5	%
Industrials	27.6	%
Information Technology	11.3	%
Materials	8.8	%
Real Estate	4.6	%
Utilities	3.9	%
	100.0	%

The Canadian Small Company Series
Communication Services	1.0	%
Consumer Discretionary	5.6	%
Consumer Staples	5.2	%
Energy	23.8	%
Financials	8.6	%
Health Care	2.1	%
Industrials	13.5	%
Information Technology	3.0	%
Materials	26.8	%
Real Estate	3.0	%
Utilities	7.4	%
	100.0	%

The Emerging Markets Series
Communication Services	8.9	%
Consumer Discretionary	11.0	%
Consumer Staples	6.4	%
Energy	5.6	%
Financials	21.1	%
Health Care	3.8	%
Industrials	7.4	%
Information Technology	19.7	%
Materials	11.3	%
Real Estate	2.1	%
Utilities	2.7	%
	100.0	%

The Emerging Markets Small Cap Series
Communication Services	3.7	%
Consumer Discretionary	12.9	%
Consumer Staples	6.9	%
Energy	1.8	%
Financials	9.5	%
Health Care	8.3	%
Industrials	16.5	%
Information Technology	15.8	%
Materials	14.5	%
Real Estate	5.7	%
Utilities	4.4	%
	100.0	%

160

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.4%)
AUSTRALIA — (6.4%)
#	Australia & New Zealand Banking Group Ltd.		7,347,638	$	119,312,644		1.0	%
	National Australia Bank Ltd.		5,228,713		100,658,739		0.8	%
	Westpac Banking Corp.		5,452,138		81,614,010		0.7	%
#	Woodside Energy Group Ltd.		3,559,994		80,777,414		0.7	%
	Other Securities				436,309,477		3.4	%
TOTAL AUSTRALIA					818,672,284		6.6	%
AUSTRIA — (0.1%)
	Other Securities				9,086,922		0.1	%
BELGIUM — (0.7%)
	Other Securities				83,578,400		0.7	%
CANADA — (8.9%)
	Bank of Montreal		1,331,345		120,074,006		1.0	%
	Bank of Nova Scotia		589,160		29,409,079		0.2	%
#	Bank of Nova Scotia		2,113,499		105,484,735		0.8	%
	Canadian Imperial Bank of Commerce		1,446,994		60,662,995		0.5	%
#	Fairfax Financial Holdings Ltd.		96,097		67,154,770		0.5	%
#	Nutrien Ltd.		1,029,988		71,481,153		0.6	%
	Suncor Energy, Inc.		2,013,309		63,056,838		0.5	%
#	Teck Resources Ltd., Class B		2,050,761		95,565,463		0.8	%
	Other Securities				513,004,609		4.2	%
TOTAL CANADA					1,125,893,648		9.1	%
CHINA — (0.0%)
	Other Security				717,299		0.0	%
DENMARK — (1.9%)
	DSV AS		379,252		71,376,093		0.6	%
	Other Securities				170,591,873		1.4	%
TOTAL DENMARK					241,967,966		2.0	%
FINLAND — (0.9%)
	Other Securities				118,379,324		1.0	%
FRANCE — (11.1%)
	AXA SA		2,528,587		82,533,543		0.7	%
	BNP Paribas SA		1,819,966		117,594,218		1.0	%
	Cie de Saint-Gobain		1,784,858		103,333,825		0.8	%
	Cie Generale des Etablissements Michelin SCA		2,521,000		80,287,773		0.6	%
	Engie SA		3,701,762		59,244,062		0.5	%
	Orange SA		7,137,374		92,899,451		0.8	%
	Sanofi		899,474		96,934,773		0.8	%
#	TotalEnergies SE		6,840,726		437,121,783		3.5	%
	Other Securities				339,188,987		2.7	%
TOTAL FRANCE					1,409,138,415		11.4	%

161

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (6.9%)
BASF SE		1,843,128	$	95,334,201		0.8	%
Bayer AG		2,060,836		136,007,516		1.1	%
Bayerische Motoren Werke AG		942,197		105,605,576		0.9	%
Mercedes-Benz Group AG		2,636,283		205,593,184		1.7	%
Other Securities				335,202,388		2.6	%
TOTAL GERMANY				877,742,865		7.1	%
HONG KONG — (2.0%)
Other Securities				259,018,248		2.1	%
IRELAND — (0.5%)
Other Securities				63,016,899		0.5	%
ISRAEL — (0.5%)
Other Securities				63,848,848		0.5	%
ITALY — (2.1%)
UniCredit SpA		4,159,978		82,431,948		0.7	%
Other Securities				183,410,120		1.4	%
TOTAL ITALY				265,842,068		2.1	%
JAPAN — (18.4%)
Honda Motor Co. Ltd.		3,522,000		93,414,082		0.8	%
Mitsubishi Corp.		2,121,600		78,660,133		0.6	%
Mitsubishi UFJ Financial Group, Inc.		10,193,750		63,808,114		0.5	%
Takeda Pharmaceutical Co. Ltd.		2,361,071		78,291,072		0.6	%
Toyota Motor Corp.		7,342,850		100,817,505		0.8	%
Other Securities				1,915,874,650		15.5	%
TOTAL JAPAN				2,330,865,556		18.8	%
NETHERLANDS — (3.4%)
ING Groep NV		4,971,616		61,659,410		0.5	%
Koninklijke Ahold Delhaize NV		4,003,663		137,664,548		1.1	%
Other Securities				231,880,031		1.9	%
TOTAL NETHERLANDS				431,203,989		3.5	%
NEW ZEALAND — (0.2%)
Other Securities				26,318,317		0.2	%
NORWAY — (0.8%)
Other Securities				106,553,986		0.9	%
PORTUGAL — (0.1%)
Other Securities				15,234,444		0.1	%
SINGAPORE — (1.0%)
Other Securities				131,844,943		1.1	%
SPAIN — (2.1%)
Banco Santander SA		35,812,913		125,813,514		1.0	%
Banco Santander SA, Sponsored ADR		219,342		761,117		0.0	%
Repsol SA		4,381,555		64,363,729		0.5	%

162

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	73,621,975		0.6	%
TOTAL SPAIN				264,560,335		2.1	%
SWEDEN — (2.5%)
Other Securities				310,728,436		2.5	%
SWITZERLAND — (10.1%)
Cie Financiere Richemont SA, Class A		922,306		152,457,909		1.2	%
Holcim AG		997,555		65,911,175		0.5	%
Novartis AG		1,706,093		174,522,856		1.4	%
Novartis AG, Sponsored ADR		1,596,183		163,720,490		1.3	%
Swisscom AG		94,854		65,122,052		0.5	%
UBS Group AG		6,030,163		122,729,290		1.0	%
#*   UBS Group AG		1,233,581		24,980,015		0.2	%
Zurich Insurance Group AG		348,909		169,204,186		1.4	%
Other Securities				340,534,735		2.8	%
TOTAL SWITZERLAND				1,279,182,708		10.3	%
UNITED KINGDOM — (13.8%)
BP PLC		7,690,578		51,596,045		0.4	%
BP PLC, Sponsored ADR		1,984,603		79,939,809		0.6	%
British American Tobacco PLC		3,024,009		111,724,417		0.9	%
British American Tobacco PLC, Sponsored ADR		838,885		31,080,689		0.2	%
Glencore PLC		14,403,738		85,020,005		0.7	%
HSBC Holdings PLC		13,535,003		97,551,453		0.8	%
#   HSBC Holdings PLC, Sponsored ADR		2,324,211		83,787,806		0.7	%
Lloyds Banking Group PLC		164,752,825		100,090,742		0.8	%
Shell PLC		307,658		9,453,763		0.1	%
Shell PLC, ADR		9,015,405		558,774,802		4.5	%
Vodafone Group PLC		51,300,878		61,618,782		0.5	%
Other Securities				486,245,042		4.0	%
TOTAL UNITED KINGDOM				1,756,883,355		14.2	%
TOTAL COMMON STOCKS				11,990,279,255		96.9	%
PREFERRED STOCKS — (0.8%)
GERMANY — (0.8%)
Volkswagen AG		489,153		66,793,721		0.6	%
Other Securities				33,287,172		0.2	%
TOTAL GERMANY				100,080,893		0.8	%
TOTAL INVESTMENT SECURITIES (Cost $10,444,124,118)				12,090,360,148
			Value†
SECURITIES LENDING COLLATERAL — (4.8%)
@§ The DFA Short Term Investment Fund		52,997,021		613,016,538		5.0	%
TOTAL INVESTMENTS—(100.0%) (Cost $11,057,042,247)			$	12,703,376,686		102.7	%

163

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

As of April 30, 2023, The DFA International Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		603		06/16/23	$	120,865,744	$	126,283,275	$	5,417,531
Total Futures Contracts					$	120,865,744	$	126,283,275	$	5,417,531

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia		—	$	818,672,284		—	$	818,672,284
Austria		—		9,086,922		—		9,086,922
Belgium		—		83,578,400		—		83,578,400
Canada	$	1,125,893,648		—		—		1,125,893,648
China		—		717,299		—		717,299
Denmark		—		241,967,966		—		241,967,966
Finland		5,577,116		112,802,208		—		118,379,324
France		—		1,409,138,415		—		1,409,138,415
Germany		16,328,138		861,414,727		—		877,742,865
Hong Kong		—		259,018,248		—		259,018,248
Ireland		35,342,775		27,674,124		—		63,016,899
Israel		10,447,758		53,401,090		—		63,848,848
Italy		36,403,811		229,438,257		—		265,842,068
Japan		18,847,628		2,312,017,928		—		2,330,865,556
Netherlands		32,553,124		398,650,865		—		431,203,989
New Zealand		—		26,318,317		—		26,318,317
Norway		—		106,553,986		—		106,553,986
Portugal		—		15,234,444		—		15,234,444
Singapore		—		131,844,943		—		131,844,943
Spain		9,758,988		254,801,347		—		264,560,335
Sweden		—		310,728,436		—		310,728,436
Switzerland		238,383,754		1,040,798,954		—		1,279,182,708
United Kingdom		853,715,657		903,167,698		—		1,756,883,355
Preferred Stocks
Germany		—		100,080,893		—		100,080,893
Securities Lending Collateral		—		613,016,538		—		613,016,538
Futures Contracts**		5,417,531		—		—		5,417,531
TOTAL	$	2,388,669,928	$	10,320,124,289		—	$	12,708,794,217

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

164

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.3%)
COMMUNICATION SERVICES — (2.3%)
Other Securities			$	66,138,067		2.3	%
CONSUMER DISCRETIONARY — (14.6%)
DCM Holdings Co. Ltd.		701,800		7,351,578		0.3	%
NHK Spring Co. Ltd.		915,656		6,788,787		0.2	%
Resorttrust, Inc.		514,664		8,498,548		0.3	%
Other Securities				397,277,204		13.8	%
TOTAL CONSUMER DISCRETIONARY				419,916,117		14.6	%
CONSUMER STAPLES — (8.1%)
Milbon Co. Ltd.		165,752		6,988,498		0.3	%
Nissui Corp.		1,771,500		7,745,841		0.3	%
Pigeon Corp.		610,125		9,500,603		0.3	%
Other Securities				209,354,057		7.2	%
TOTAL CONSUMER STAPLES				233,588,999		8.1	%
ENERGY — (0.8%)
Japan Petroleum Exploration Co. Ltd.		215,300		7,163,958		0.3	%
Other Securities				14,677,363		0.5	%
TOTAL ENERGY				21,841,321		0.8	%
FINANCIALS — (8.8%)
Fuyo General Lease Co. Ltd.		97,900		7,164,831		0.3	%
Gunma Bank Ltd.		2,072,540		7,097,274		0.3	%
Hachijuni Bank Ltd.		1,557,300		6,976,872		0.2	%
Hirogin Holdings, Inc.		1,509,400		7,485,891		0.3	%
Iyogin Holdings, Inc.		1,256,518		7,357,269		0.3	%
JAFCO Group Co. Ltd.		533,900		6,803,010		0.2	%
Kyushu Financial Group, Inc.		1,975,137		7,119,870		0.3	%
Yamaguchi Financial Group, Inc.		1,237,672		7,610,110		0.3	%
Other Securities				195,976,483		6.6	%
TOTAL FINANCIALS				253,591,610		8.8	%
HEALTH CARE — (4.9%)
Other Securities				140,699,316		4.9	%
INDUSTRIALS — (29.0%)
Daiseki Co. Ltd.		286,755		8,204,170		0.3	%
DMG Mori Co. Ltd.		731,800		11,740,020		0.4	%
EXEO Group, Inc.		414,900		7,698,514		0.3	%
Furukawa Electric Co. Ltd.		418,600		7,663,927		0.3	%
GS Yuasa Corp.		393,683		6,928,722		0.2	%
#   Hazama Ando Corp.		1,150,400		7,594,142		0.3	%
Inaba Denki Sangyo Co. Ltd.		319,300		7,131,870		0.3	%
Mabuchi Motor Co. Ltd.		252,834		7,135,527		0.3	%
Meitec Corp.		478,200		8,080,604		0.3	%
Mirait One Corp.		565,135		7,019,729		0.3	%
Nagase & Co. Ltd.		584,600		9,210,466		0.3	%
Nichias Corp.		378,700		7,658,984		0.3	%

165

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
Nikkon Holdings Co. Ltd.		369,900	$	7,168,059		0.3	%
OSG Corp.		526,900		7,401,733		0.3	%
Outsourcing, Inc.		731,600		7,452,495		0.3	%
Ushio, Inc.		600,400		7,468,712		0.3	%
Other Securities				710,371,189		24.3	%
TOTAL INDUSTRIALS				835,928,863		29.1	%
INFORMATION TECHNOLOGY — (14.4%)
Anritsu Corp.		851,999		7,801,334		0.3	%
Citizen Watch Co. Ltd.		1,550,700		8,580,554		0.3	%
Daiwabo Holdings Co. Ltd.		574,800		10,846,024		0.4	%
Macnica Holdings, Inc.		326,750		8,979,183		0.3	%
Maruwa Co. Ltd.		55,400		7,064,880		0.3	%
NET One Systems Co. Ltd.		327,200		7,714,843		0.3	%
Nippon Electric Glass Co. Ltd.		359,436		6,861,709		0.3	%
NSD Co. Ltd.		482,660		8,879,198		0.3	%
Sanken Electric Co. Ltd.		126,500		9,501,356		0.3	%
Tokyo Seimitsu Co. Ltd.		232,600		8,581,078		0.3	%
Topcon Corp.		663,300		9,448,169		0.3	%
Other Securities				321,400,100		11.1	%
TOTAL INFORMATION TECHNOLOGY				415,658,428		14.5	%
MATERIALS — (12.4%)
ADEKA Corp.		507,000		8,561,947		0.3	%
Asahi Holdings, Inc.		472,200		6,951,864		0.3	%
Mitsui Mining & Smelting Co. Ltd.		345,600		8,229,716		0.3	%
Sumitomo Bakelite Co. Ltd.		194,100		7,422,961		0.3	%
Taiheiyo Cement Corp.		447,300		8,020,596		0.3	%
Tokai Carbon Co. Ltd.		919,200		8,353,418		0.3	%
UBE Corp.		611,100		9,694,127		0.3	%
Other Securities				301,612,764		10.4	%
TOTAL MATERIALS				358,847,393		12.5	%
REAL ESTATE — (1.3%)
Other Securities				38,956,963		1.3	%
UTILITIES — (1.7%)
Nippon Gas Co. Ltd.		676,700		9,516,090		0.3	%
Other Securities				40,933,865		1.4	%
TOTAL UTILITIES				50,449,955		1.7	%
TOTAL COMMON STOCKS (Cost $2,744,626,758)				2,835,617,032		98.6	%
			Value†
SECURITIES LENDING COLLATERAL — (1.7%)
@§ The DFA Short Term Investment Fund		4,342,848		50,233,722		1.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,794,859,089)			$	2,885,850,754		100.4	%

166

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services		—	$	66,138,067		—	$	66,138,067
Consumer Discretionary		—		419,916,117		—		419,916,117
Consumer Staples		—		233,588,999		—		233,588,999
Energy		—		21,841,321		—		21,841,321
Financials		—		253,591,610		—		253,591,610
Health Care		—		140,699,316		—		140,699,316
Industrials		—		835,928,863		—		835,928,863
Information Technology		—		415,658,428		—		415,658,428
Materials		—		358,847,393		—		358,847,393
Real Estate		—		38,956,963		—		38,956,963
Utilities		—		50,449,955		—		50,449,955
Securities Lending Collateral		—		50,233,722		—		50,233,722
TOTAL		—	$	2,885,850,754		—	$	2,885,850,754

See accompanying Notes to Financial Statements.

167

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (99.2%)
AUSTRALIA — (61.7%)
	AMP Ltd.		13,156,282	$	9,946,900		0.8	%
	Ansell Ltd.		654,057		11,639,006		0.9	%
#	ARB Corp. Ltd.		498,463		10,648,592		0.8	%
	AUB Group Ltd.		762,060		13,966,594		1.1	%
	Bapcor Ltd.		2,107,733		9,197,290		0.7	%
	Beach Energy Ltd.		9,561,631		9,411,404		0.7	%
*	Bellevue Gold Ltd.		8,307,472		7,798,670		0.6	%
#	Breville Group Ltd.		627,990		8,627,006		0.7	%
#	Corporate Travel Management Ltd.		729,339		10,204,367		0.8	%
	CSR Ltd.		3,176,445		11,119,852		0.9	%
#*	De Grey Mining Ltd.		7,594,615		8,151,399		0.6	%
	Downer EDI Ltd.		4,211,433		9,963,128		0.8	%
	Eagers Automotive Ltd.		899,116		8,490,776		0.7	%
#*	Flight Centre Travel Group Ltd.		786,266		10,325,038		0.8	%
	Gold Road Resources Ltd.		7,631,631		9,495,915		0.7	%
	# GUD Holdings Ltd.		1,059,688		6,759,691		0.5	%
	Healius Ltd.		3,465,521		6,886,991		0.5	%
	HUB24 Ltd.		481,265		9,099,942		0.7	%
	Insignia Financial Ltd.		4,424,048		8,780,707		0.7	%
	IPH Ltd.		1,357,005		7,340,955		0.6	%
	IRESS Ltd.		1,180,193		8,109,092		0.6	%
	Lifestyle Communities Ltd.		621,484		7,036,557		0.6	%
	Lovisa Holdings Ltd.		380,345		6,747,762		0.5	%
	Netwealth Group Ltd.		750,336		6,818,338		0.5	%
	nib holdings Ltd.		2,790,913		14,320,430		1.1	%
	Nine Entertainment Co. Holdings Ltd.		6,129,428		8,454,999		0.7	%
	Nufarm Ltd.		2,267,973		8,432,823		0.7	%
	Orora Ltd.		5,280,211		12,068,123		0.9	%
*	Paladin Energy Ltd.		16,375,142		7,202,137		0.6	%
	Perpetual Ltd.		670,235		10,953,564		0.9	%
	Perseus Mining Ltd.		8,455,260		12,495,963		1.0	%
#*	Regis Resources Ltd.		5,024,922		7,109,934		0.6	%
	Reliance Worldwide Corp. Ltd.		4,579,687		12,489,400		1.0	%
*	Sandfire Resources Ltd.		3,243,721		14,132,411		1.1	%
	Sims Ltd.		1,036,292		10,860,078		0.8	%
*	Star Entertainment Group Ltd.		9,779,375		8,289,729		0.6	%
	Super Retail Group Ltd.		1,057,351		9,542,159		0.7	%
	Tabcorp Holdings Ltd.		12,158,213		8,480,529		0.7	%
#*	Webjet Ltd.		2,404,516		11,891,159		0.9	%
	Other Securities				428,181,856		32.9	%
TOTAL AUSTRALIA					801,471,266		62.0	%
CHINA — (0.1%)
	Other Securities				1,509,398		0.1	%
HONG KONG — (22.4%)
	ASMPT Ltd.		1,584,800		12,459,941		1.0	%
	Hysan Development Co. Ltd.		3,175,000		8,972,694		0.7	%
	Kerry Properties Ltd.		3,074,500		7,932,534		0.6	%
	Luk Fook Holdings International Ltd.		3,450,000		11,055,607		0.9	%

168

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
HONG KONG — (Continued)
	Pacific Basin Shipping Ltd.		27,975,000	$	9,734,073		0.8	%
	PCCW Ltd.		17,803,545		9,286,827		0.7	%
*	SJM Holdings Ltd.		13,900,750		7,238,542		0.6	%
	VTech Holdings Ltd.		1,166,000		7,000,123		0.5	%
	Other Securities				216,993,607		16.7	%
TOTAL HONG KONG					290,673,948		22.5	%
NEW ZEALAND — (4.0%)
	Chorus Ltd.		1,935,849		10,350,954		0.8	%
	Other Securities				41,585,259		3.2	%
TOTAL NEW ZEALAND					51,936,213		4.0	%
SINGAPORE — (11.0%)
	ComfortDelGro Corp. Ltd.		9,307,100		8,331,464		0.6	%
	Keppel Infrastructure Trust		18,468,846		6,789,133		0.5	%
	Other Securities				127,137,725		9.9	%
TOTAL SINGAPORE					142,258,322		11.0	%
TOTAL COMMON STOCKS					1,287,849,147		99.6	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities				4,888		0.0	%
SINGAPORE — (0.0%)
	Other Securities				15,917		0.0	%
TOTAL RIGHTS/WARRANTS					20,805		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $1,491,730,927)					1,287,869,952
				Value†
SECURITIES LENDING COLLATERAL — (0.8%)
@§	The DFA Short Term Investment Fund		893,771		10,338,251		0.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,502,068,586)				$	1,298,208,203		100.4	%

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	11,954	$	801,278,444	$	180,868	$	801,471,266
China		—		1,509,398		—		1,509,398
Hong Kong		126,997		290,237,792		309,159		290,673,948
New Zealand		—		51,936,213		—		51,936,213
Singapore		—		141,414,487		843,835		142,258,322

169

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Rights/Warrants
Australia		—	$	4,888		—		$	4,888
Singapore		—		15,917		—			15,917
Securities Lending Collateral		—		10,338,251		—			10,338,251
TOTAL	$	138,951	$	1,296,735,390	$	1,333,862	^	$	1,298,208,203

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

170

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»			Percentage of Net Assets‡
COMMON STOCKS — (99.2%)
COMMUNICATION SERVICES — (3.6%)
	Moneysupermarket.com Group PLC		3,209,924	$	11,084,309			0.8	%
	Other Securities				39,246,543			2.8	%
TOTAL COMMUNICATION SERVICES					50,330,852			3.6	%
CONSUMER DISCRETIONARY — (18.6%)
	Bellway PLC		469,559		14,236,773			1.0	%
	Domino’s Pizza Group PLC		3,097,499		11,459,734			0.8	%
	Games Workshop Group PLC		176,924		22,083,298			1.6	%
	Greggs PLC		601,854		21,375,392			1.5	%
	Inchcape PLC		2,177,596		22,168,922			1.6	%
	Pets at Home Group PLC		2,837,331		13,764,926			1.0	%
*	Playtech PLC		1,926,086		13,981,383			1.0	%
*	SSP Group PLC		3,311,469		10,728,639			0.8	%
	Vistry Group PLC		1,351,196		13,318,478			1.0	%
	Other Securities				114,161,894			8.1	%
TOTAL CONSUMER DISCRETIONARY					257,279,439			18.4	%
CONSUMER STAPLES — (7.9%)
	Britvic PLC		1,626,728		18,701,806			1.4	%
	Cranswick PLC		366,623		14,825,982			1.1	%
*	Marks & Spencer Group PLC		8,636,213		17,869,144			1.3	%
	Tate & Lyle PLC		2,205,560		22,615,469			1.6	%
	Other Securities				36,096,333			2.5	%
TOTAL CONSUMER STAPLES					110,108,734			7.9	%
ENERGY — (3.9%)
*	Capricorn Energy PLC		4,040,365		11,138,134			0.8	%
*	John Wood Group PLC		3,827,355		10,860,026			0.8	%
	Other Securities				31,543,571			2.2	%
TOTAL ENERGY					53,541,731			3.8	%
FINANCIALS — (18.8%)
	Beazley PLC		2,773,679		20,809,423			1.5	%
	Burford Capital Ltd.		954,004		12,549,014			0.9	%
	Direct Line Insurance Group PLC		4,937,627		10,672,414			0.8	%
	Hiscox Ltd.		1,189,795		17,707,904	��		1.3	%
	Lancashire Holdings Ltd.		1,661,042		12,803,047			0.9	%
	Man Group PLC		7,541,211		21,567,621			1.5	%
	OSB Group PLC		2,159,707		13,522,662			1.0	%
	Paragon Banking Group PLC		1,921,607		12,145,771			0.9	%
	Plus500 Ltd.		519,961		10,877,897			0.8	%
	Virgin Money UK PLC		6,472,181		12,720,410			0.9	%
	Other Securities				114,922,468			8.2	%
TOTAL FINANCIALS					260,298,631			18.7	%
HEALTH CARE — (4.6%)
	CVS Group PLC		411,527		10,967,450			0.8	%
*	Indivior PLC		759,374		14,575,234			1.0	%

171

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Mediclinic International PLC		2,400,508	$	15,046,983		1.1	%
	Other Securities				22,517,090		1.6	%
TOTAL HEALTH CARE					63,106,757		4.5	%
INDUSTRIALS — (23.1%)
*	Babcock International Group PLC		2,909,347		11,629,827		0.8	%
	Balfour Beatty PLC		3,585,302		17,278,103		1.2	%
	Bodycote PLC		1,222,653		10,618,330		0.8	%
	Diploma PLC		404,082		13,693,038		1.0	%
	Grafton Group PLC		1,489,341		16,244,320		1.2	%
	Hays PLC		9,184,503		13,176,578		0.9	%
	JET2 PLC		813,756		12,567,758		0.9	%
	Pagegroup PLC		1,947,013		11,111,478		0.8	%
	QinetiQ Group PLC		3,241,231		15,144,891		1.1	%
	Rotork PLC		4,230,857		17,436,568		1.3	%
	Serco Group PLC		5,743,194		10,985,807		0.8	%
	Travis Perkins PLC		1,194,868		14,420,454		1.0	%
	Other Securities				155,963,272		11.2	%
TOTAL INDUSTRIALS					320,270,424		23.0	%
INFORMATION TECHNOLOGY — (6.9%)
	Computacenter PLC		497,525		14,423,723		1.0	%
	Oxford Instruments PLC		343,024		11,896,737		0.9	%
	Softcat PLC		665,854		11,218,824		0.8	%
	Spectris PLC		394,979		18,705,257		1.3	%
	Other Securities				39,001,164		2.8	%
TOTAL INFORMATION TECHNOLOGY					95,245,705		6.8	%
MATERIALS — (5.3%)
	Victrex PLC		540,365		11,418,498		0.8	%
	Other Securities				61,417,731		4.4	%
TOTAL MATERIALS					72,836,229		5.2	%
REAL ESTATE — (3.2%)
	Grainger PLC		4,237,552		13,786,760		1.0	%
	Savills PLC		961,872		11,644,384		0.8	%
	Other Securities				18,435,959		1.4	%
TOTAL REAL ESTATE					43,867,103		3.2	%
UTILITIES — (3.3%)
	Drax Group PLC		2,467,126		19,549,750		1.4	%
	Pennon Group PLC		1,371,280		14,829,907		1.1	%
	Other Securities				11,719,902		0.8	%
TOTAL UTILITIES					46,099,559		3.3	%
TOTAL COMMON STOCKS (Cost $1,335,686,692)					1,372,985,164		98.4	%

172

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (0.8%)
@§      The DFA Short Term Investment Fund		922,135	$	10,666,335		0.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,346,352,864)			$	1,383,651,499		99.2	%

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Common Stocks
Communication Services	$	16,622	$	50,314,230		—		$	50,330,852
Consumer Discretionary		51,323		257,228,116		—			257,279,439
Consumer Staples		—		110,108,734		—			110,108,734
Energy		—		53,541,731		—			53,541,731
Financials		—		260,298,351	$	280			260,298,631
Health Care		—		63,105,091		1,666			63,106,757
Industrials		—		320,270,424		—			320,270,424
Information Technology		—		95,245,705		—			95,245,705
Materials		—		72,836,229		—			72,836,229
Real Estate		—		43,867,103		—			43,867,103
Utilities		—		46,099,559		—			46,099,559
Securities Lending Collateral		—		10,666,335		—			10,666,335
TOTAL	$	67,945	$	1,383,581,608	$	1,946	^	$	1,383,651,499

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

173

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets
COMMON STOCKS — (91.7%)
AUSTRIA — (3.2%)
	ANDRITZ AG		438,579	$	28,483,863		0.5	%
W	BAWAG Group AG		433,516		21,144,323		0.4	%
	voestalpine AG		615,510		21,340,791		0.4	%
	Other Securities				111,054,078		2.2	%
TOTAL AUSTRIA					182,023,055		3.5	%
BELGIUM — (3.9%)
	Ackermans & van Haaren NV		171,688		30,199,115		0.6	%
	Euronav NV		1,303,139		22,323,832		0.4	%
	Other Securities				163,434,915		3.1	%
TOTAL BELGIUM					215,957,862		4.1	%
DENMARK — (6.3%)
*	Jyske Bank AS		437,851		32,012,983		0.6	%
	Ringkjoebing Landbobank AS		197,625		27,795,764		0.5	%
	Royal Unibrew AS		312,981		27,975,522		0.5	%
	SimCorp AS		252,149		27,331,775		0.5	%
	Sydbank AS		461,164		20,574,525		0.4	%
	Other Securities				218,613,995		4.2	%
TOTAL DENMARK					354,304,564		6.7	%
FINLAND — (5.1%)
	Huhtamaki Oyj		631,957		22,779,534		0.4	%
	Orion Oyj, Class B		600,547		28,209,551		0.5	%
	Valmet Oyj		972,053		32,886,233		0.6	%
	Wartsila OYJ Abp		1,942,166		22,523,555		0.4	%
	Other Securities				179,180,756		3.5	%
TOTAL FINLAND					285,579,629		5.4	%
FRANCE — (10.4%)
	Alten SA		134,859		22,927,103		0.4	%
	Elis SA		1,241,664		24,664,191		0.5	%
	Rexel SA		1,298,768		30,084,148		0.6	%
	Sopra Steria Group SACA		119,421		25,850,275		0.5	%
	SPIE SA		871,653		27,206,936		0.5	%
	Other Securities				452,465,169		8.6	%
TOTAL FRANCE					583,197,822		11.1	%
GERMANY — (13.6%)
	Freenet AG		931,981		26,569,857		0.5	%
	Gerresheimer AG		231,069		25,178,981		0.5	%
	HUGO BOSS AG		412,000		31,061,308		0.6	%
	K&S AG		1,093,745		21,815,660		0.4	%
	Lanxess AG		572,100		23,311,240		0.4	%
	Other Securities				634,386,206		12.1	%
TOTAL GERMANY					762,323,252		14.5	%

174

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets
IRELAND — (1.5%)
	Bank of Ireland Group PLC		5,135,237	$	53,113,324		1.0	%
	Other Securities				31,042,131		0.6	%
TOTAL IRELAND					84,155,455		1.6	%
ISRAEL — (2.1%)
	Other Securities				115,407,282		2.2	%
ITALY — (9.0%)
	Banco BPM SpA		9,876,720		40,159,511		0.8	%
#	BPER Banca		7,525,929		21,138,053		0.4	%
	Brunello Cucinelli SpA		248,717		23,815,249		0.5	%
	Italgas SpA		3,498,389		22,842,660		0.4	%
	Leonardo SpA		2,654,010		31,627,552		0.6	%
	Other Securities				366,284,618		6.9	%
TOTAL ITALY					505,867,643		9.6	%
NETHERLANDS — (5.1%)
	Aalberts NV		673,240		31,093,989		0.6	%
	Arcadis NV		526,995		21,769,601		0.4	%
	ASR Nederland NV		568,855		25,019,744		0.5	%
#	BE Semiconductor Industries NV		392,853		35,362,123		0.7	%
W	Signify NV		689,279		23,019,460		0.4	%
	Other Securities				148,502,490		2.8	%
TOTAL NETHERLANDS					284,767,407		5.4	%
NORWAY — (2.0%)
	Other Securities				113,164,821		2.2	%
PORTUGAL — (0.9%)
	Other Securities				52,683,284		1.0	%
SPAIN — (5.5%)
#	Banco de Sabadell SA		36,362,876		37,897,250		0.7	%
#	Bankinter SA		4,245,482		25,104,454		0.5	%
	Enagas SA		1,457,648		29,183,113		0.6	%
	Other Securities				217,782,530		4.1	%
TOTAL SPAIN					309,967,347		5.9	%
SWEDEN — (5.8%)
	Other Securities				327,993,830		6.2	%
SWITZERLAND — (17.2%)
	Allreal Holding AG		123,491		21,914,594		0.4	%
	Belimo Holding AG		65,574		31,647,887		0.6	%
	BKW AG		161,471		27,651,374		0.5	%
	Bucher Industries AG		54,010		24,323,169		0.5	%
*	Dufry AG		492,648		22,774,742		0.4	%
	Flughafen Zurich AG.		145,858		28,073,091		0.5	%
W	Galenica AG		258,527		23,168,873		0.4	%
	Georg Fischer AG		626,442		45,680,066		0.9	%
	Helvetia Holding AG		262,788		39,311,056		0.8	%
	PSP Swiss Property AG		337,750		39,773,828		0.8	%
	Siegfried Holding AG		32,647		25,161,326		0.5	%

175

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets
SWITZERLAND — (Continued)
#W	VAT Group AG		73,622	$	25,973,064		0.5	%
	Other Securities				608,074,429		11.5	%
TOTAL SWITZERLAND					963,527,499		18.3	%
UNITED STATES — (0.1%)
	Other Securities				3,874,050		0.1	%
TOTAL COMMON STOCKS					5,144,794,802		97.8	%
PREFERRED STOCKS — (0.9%)
GERMANY — (0.9%)
	Other Securities				48,481,829		0.9	%
RIGHTS/WARRANTS — (0.0%)
FRANCE — (0.0%)
	Other Security				206,335		0.0	%
SPAIN — (0.0%)
	Other Securities				497,048		0.0	%
TOTAL RIGHTS/WARRANTS					703,383		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $4,267,220,091)					5,193,980,014
				Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (7.4%)
@§	The DFA Short Term Investment Fund		36,018,452		416,625,437		7.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $4,683,820,954)				$	5,610,605,451		106.6	%

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Austria		—	$	182,023,055		—	$	182,023,055
Belgium	$	4,043,710		211,914,152		—		215,957,862
Denmark		—		354,304,564		—		354,304,564
Finland		—		285,579,629		—		285,579,629
France		—		583,197,822		—		583,197,822
Germany		120,999		762,202,253		—		762,323,252
Ireland		—		84,155,455		—		84,155,455
Israel		586,594		114,820,688		—		115,407,282
Italy		—		505,867,643		—		505,867,643
Netherlands		—		284,767,407		—		284,767,407
Norway		338,882		112,825,939		—		113,164,821
Portugal		—		52,683,284		—		52,683,284
Spain		—		309,967,347		—		309,967,347

176

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Sweden	$	119,940	$	327,873,890		—	$	327,993,830
Switzerland		284,011		963,243,488		—		963,527,499
United States		—		3,874,050		—		3,874,050
Preferred Stocks
Germany		—		48,481,829		—		48,481,829
Rights/Warrants
France		—		206,335		—		206,335
Spain		—		497,048		—		497,048
Securities Lending Collateral		—		416,625,437		—		416,625,437
TOTAL	$	5,494,136	$	5,605,111,315		—	$	5,610,605,451

See accompanying Notes to Financial Statements.

177

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (90.5%)
COMMUNICATION SERVICES — (0.9%)
	Other Securities			$	13,405,538		1.0	%
CONSUMER DISCRETIONARY — (5.0%)
*	Aritzia, Inc.		490,659		15,594,181		1.2	%
	Linamar Corp.		252,633		12,008,389		0.9	%
	Other Securities				44,049,949		3.4	%
TOTAL CONSUMER DISCRETIONARY					71,652,519		5.5	%
CONSUMER STAPLES — (4.7%)
#	Maple Leaf Foods, Inc.		438,446		8,983,475		0.7	%
#	North West Co., Inc.		292,056		8,566,487		0.7	%
#	Premium Brands Holdings Corp.		244,773		18,375,364		1.4	%
	Primo Water Corp.		83,625		1,270,264		0.1	%
	Primo Water Corp.		799,922		12,150,714		0.9	%
	Other Securities				17,161,465		1.3	%
TOTAL CONSUMER STAPLES					66,507,769		5.1	%
ENERGY — (21.6%)
*	Baytex Energy Corp.		2,700,011		10,163,528		0.8	%
#	Birchcliff Energy Ltd.		1,560,817		9,458,101		0.7	%
#	Crescent Point Energy Corp.		2,349,740		17,377,861		1.4	%
	Crescent Point Energy Corp.		679,547		5,028,648		0.4	%
#	Enerplus Corp.		1,253,055		18,737,790		1.5	%
	Enerplus Corp.		28,353		424,161		0.0	%
	Gibson Energy, Inc.		899,205		15,258,311		1.2	%
*	MEG Energy Corp.		1,197,577		19,941,202		1.5	%
*	NuVista Energy Ltd.		1,051,851		9,129,990		0.7	%
	Paramount Resources Ltd., Class A		487,473		11,542,341		0.9	%
	Parex Resources, Inc.		727,671		14,775,237		1.1	%
	Parkland Corp.		848,828		20,017,016		1.6	%
#	Peyto Exploration & Development Corp.		1,059,984		9,654,355		0.8	%
#	PrairieSky Royalty Ltd.		1,182,767		18,664,471		1.4	%
#	Vermilion Energy, Inc.		716,524		9,069,924		0.7	%
	Vermilion Energy, Inc.		233,451		2,957,824		0.2	%
#	Whitecap Resources, Inc.		1,227,889		9,679,195		0.8	%
	Other Securities				105,507,690		8.1	%
TOTAL ENERGY					307,387,645		23.8	%
FINANCIALS — (7.8%)
#	CI Financial Corp.		1,010,158		9,946,125		0.8	%
	Element Fleet Management Corp.		1,212,478		15,857,925		1.2	%
#	Home Capital Group, Inc.		284,804		9,154,677		0.7	%
#	Laurentian Bank of Canada		370,975		8,819,504		0.7	%
	Other Securities				66,889,464		5.2	%
TOTAL FINANCIALS					110,667,695		8.6	%
HEALTH CARE — (1.9%)
#*	Bausch Health Cos., Inc.		1,533,896		11,304,814		0.9	%

178

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Other Securities			$	15,368,522		1.2	%
TOTAL HEALTH CARE					26,673,336		2.1	%
INDUSTRIALS — (12.2%)
#*	ATS Corp.		405,936		17,401,751		1.4	%
*	Bombardier, Inc., Class A		13,989		610,938		0.1	%
#*	Bombardier, Inc., Class B		458,761		19,815,252		1.5	%
#	Boyd Group Services, Inc.		118,316		19,731,705		1.5	%
	Finning International, Inc.		811,389		21,026,584		1.6	%
	Richelieu Hardware Ltd.		316,493		9,516,865		0.7	%
#	Russel Metals, Inc.		348,423		8,872,269		0.7	%
#	SNC-Lavalin Group, Inc.		963,814		22,195,075		1.7	%
	Other Securities				55,277,041		4.3	%
TOTAL INDUSTRIALS					174,447,480		13.5	%
INFORMATION TECHNOLOGY — (2.7%)
#*	BlackBerry Ltd.		2,594,056		10,142,759		0.8	%
	Other Securities				28,753,007		2.2	%
TOTAL INFORMATION TECHNOLOGY					38,895,766		3.0	%
MATERIALS — (24.3%)
	Alamos Gold, Inc., Class A		2,146,839		27,745,612		2.2	%
	Alamos Gold, Inc., Class A		31,783		410,954		0.0	%
	B2Gold Corp.		1,419,420		5,584,020		0.4	%
	B2Gold Corp.		4,573,000		18,017,620		1.4	%
#*	Capstone Copper Corp.		2,311,783		10,869,143		0.8	%
	Methanex Corp.		203,098		9,091,703		0.7	%
	Methanex Corp.		126,782		5,678,566		0.4	%
	OceanaGold Corp.		3,802,570		8,700,570		0.7	%
	Osisko Gold Royalties Ltd.		645,585		10,492,513		0.8	%
	Osisko Gold Royalties Ltd.		278,602		4,530,069		0.4	%
	Pan American Silver Corp.		649,568		11,564,070		0.9	%
#	Pan American Silver Corp.		1,138,830		20,282,562		1.6	%
#	SSR Mining, Inc.		847,686		12,137,952		0.9	%
	SSR Mining, Inc.		318,436		4,560,004		0.4	%
#	Stelco Holdings, Inc.		247,737		8,656,213		0.7	%
	Stella-Jones, Inc.		302,188		11,825,669		0.9	%
	Other Securities				175,945,839		13.6	%
TOTAL MATERIALS					346,093,079		26.8	%
REAL ESTATE — (2.7%)
#	Altus Group Ltd.		244,093		9,692,736		0.8	%
	Tricon Residential, Inc.		1,203,306		9,645,277		0.8	%
	Other Securities				19,649,750		1.4	%
TOTAL REAL ESTATE					38,987,763		3.0	%
UTILITIES — (6.7%)
	Atco Ltd., Class I		399,551		13,202,863		1.0	%
	Boralex, Inc., Class A		505,030		14,723,907		1.2	%
	Capital Power Corp.		687,087		22,394,923		1.7	%
	TransAlta Corp.		1,716,689		15,306,199		1.2	%

179

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
UTILITIES — (Continued)
	Other Securities			$	29,419,284		2.3	%
TOTAL UTILITIES					95,047,176		7.4	%
TOTAL COMMON STOCKS (Cost $1,137,042,305)					1,289,765,766		99.8	%
				Value†
SECURITIES LENDING COLLATERAL — (9.5%)
@§	The DFA Short Term Investment Fund		11,717,045		135,531,056		10.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,272,560,669)				$	1,425,296,822		110.3	%

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	9,720,569	$	3,684,969		—	$	13,405,538
Consumer Discretionary		71,652,519		—		—		71,652,519
Consumer Staples		66,507,769		—		—		66,507,769
Energy		307,387,645		—		—		307,387,645
Financials		110,556,627		111,068		—		110,667,695
Health Care		26,649,839		23,497		—		26,673,336
Industrials		174,447,480		—		—		174,447,480
Information Technology		38,895,766		—		—		38,895,766
Materials		346,093,079		—		—		346,093,079
Real Estate		38,987,763		—		—		38,987,763
Utilities		95,047,176		—		—		95,047,176
Securities Lending Collateral		—		135,531,056		—		135,531,056
TOTAL	$	1,285,946,232	$	139,350,590		—	$	1,425,296,822

See accompanying Notes to Financial Statements.

180

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.2%)
BRAZIL — (3.8%)
	Petroleo Brasileiro SA		2,733,556	$	14,616,452		0.3	%
	Vale SA		2,364,713		34,324,790		0.8	%
	Other Securities				122,444,828		2.7	%
TOTAL BRAZIL					171,386,070		3.8	%
CHILE — (0.5%)
	Other Securities				22,525,331		0.5	%
CHINA — (27.4%)
*	Alibaba Group Holding Ltd.		1,736,600		18,362,153		0.4	%
*	Alibaba Group Holding Ltd., Sponsored ADR		835,875		70,790,254		1.6	%
*	Baidu, Inc., Class A		1,330,750		20,030,316		0.5	%
	Bank of China Ltd., Class H		43,912,181		17,536,678		0.4	%
	BYD Co. Ltd., Class H		403,886		12,248,344		0.3	%
	China Construction Bank Corp., Class H		59,766,590		39,955,518		0.9	%
	China Merchants Bank Co. Ltd., Class H		2,884,554		13,924,096		0.3	%
	China Resources Land Ltd.		3,890,666		18,117,879		0.4	%
	CSPC Pharmaceutical Group Ltd.		12,323,200		12,548,670		0.3	%
	Industrial & Commercial Bank of China Ltd., Class H		30,774,185		16,556,634		0.4	%
	Kweichow Moutai Co. Ltd., Class A		55,993		14,253,654		0.3	%
	Lenovo Group Ltd.		11,739,278		12,010,170		0.3	%
*W	Meituan, Class B		1,414,140		24,168,287		0.6	%
	NetEase, Inc., ADR		193,704		17,264,838		0.4	%
	Ping An Insurance Group Co. of China Ltd., Class H		3,936,000		28,715,169		0.7	%
	Tencent Holdings Ltd.		3,556,400		157,961,459		3.5	%
*W	Xiaomi Corp., Class B		11,267,400		15,992,987		0.4	%
	Yum China Holdings, Inc.		268,973		16,455,768		0.4	%
	Other Securities				724,696,748		15.4	%
TOTAL CHINA.					1,251,589,622		27.5	%
COLOMBIA — (0.1%)
	Other Securities				4,635,722		0.1	%
CZECH REPUBLIC — (0.2%)
	Other Securities				9,694,368		0.2	%
EGYPT — (0.0%)
	Other Securities				1,598,544		0.0	%
GREECE — (0.4%)
	Other Securities				19,443,115		0.4	%
HUNGARY — (0.3%)
	Other Securities				11,972,072		0.3	%
INDIA — (15.3%)
	Axis Bank Ltd.		1,326,166		13,998,877		0.3	%
	Bharti Airtel Ltd.		1,469,776		14,380,942		0.3	%
	HDFC Bank Ltd.		1,437,186		29,706,188		0.7	%
	Hindalco Industries Ltd.		2,190,616		11,737,454		0.3	%

181

THE EMERGING MARKETS SERIES

CONTINUED

					Percentage
	Shares		Value»		of Net Assets‡
INDIA — (Continued)
Hindustan Unilever Ltd.		440,646	$	13,267,083		0.3	%
Housing Development Finance Corp. Ltd.		698,934		23,765,926		0.5	%
ICICI Bank Ltd.		1,390,129		15,710,363		0.4	%
ICICI Bank Ltd., Sponsored ADR		649,989		14,787,238		0.3	%
Infosys Ltd.		1,779,532		27,461,060		0.6	%
Larsen & Toubro Ltd.		411,559		11,909,908		0.3	%
Mahindra & Mahindra Ltd.		905,189		13,599,181		0.3	%
Reliance Industries Ltd.		1,374,995		40,823,304		0.9	%
Tata Consultancy Services Ltd.		551,248		21,765,739		0.5	%
Tata Steel Ltd.		11,675,250		15,485,845		0.3	%
Other Securities				429,663,630		9.4	%
TOTAL INDIA				698,062,738		15.4	%
INDONESIA — (2.1%)
Bank Central Asia Tbk PT		24,391,800		15,094,889		0.3	%
Other Securities				81,215,746		1.8	%
TOTAL INDONESIA				96,310,635		2.1	%
KUWAIT — (0.2%)
Other Securities				9,763,241		0.2	%
MALAYSIA — (1.6%)
Other Securities				73,832,068		1.6	%
MEXICO — (2.6%)
America Movil SAB de CV, Class B		16,121,214		17,385,931		0.4	%
Grupo Financiero Banorte SAB de CV, Class O		2,024,988		17,549,633		0.4	%
Other Securities				83,430,498		1.8	%
TOTAL MEXICO				118,366,062		2.6	%
PERU — (0.1%)
Other Securities				5,185,120		0.1	%
PHILIPPINES — (0.8%)
Other Securities				34,579,446		0.8	%
POLAND — (0.9%)
Other Securities				40,365,337		0.9	%
QATAR — (0.8%)
Other Securities				37,697,226		0.8	%
SAUDI ARABIA — (4.0%)
Al Rajhi Bank		1,034,714		21,356,441		0.5	%
W  Saudi Arabian Oil Co.		1,243,159		11,982,882		0.3	%
Saudi National Bank		901,579		11,832,915		0.3	%
Saudi Telecom Co.		976,121		11,748,566		0.3	%
Other Securities				125,991,726		2.6	%
TOTAL SAUDI ARABIA				182,912,530		4.0	%
SOUTH AFRICA — (3.6%)
Other Securities				163,219,552		3.6	%

182

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (12.3%)
	LG Electronics, Inc.		157,679	$	12,948,270		0.3	%
	Samsung Electronics Co. Ltd.		3,140,501		154,525,480		3.4	%
	SK Hynix, Inc.		390,989		26,307,102		0.6	%
	Other Securities				365,090,894		8.0	%
TOTAL SOUTH KOREA					558,871,746		12.3	%
TAIWAN — (16.6%)
#	CTBC Financial Holding Co. Ltd.		16,024,175		11,812,032		0.3	%
	Hon Hai Precision Industry Co. Ltd.		5,647,322		19,243,520		0.4	%
	MediaTek, Inc.		759,995		16,525,209		0.4	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		13,416,808		219,708,193		4.8	%
	Other Securities				490,947,350		10.8	%
TOTAL TAIWAN					758,236,304		16.7	%
THAILAND — (2.3%)
	Other Securities				104,944,775		2.3	%
TURKEY — (0.8%)
	Other Securities				35,099,201		0.8	%
UNITED ARAB EMIRATES — (1.5%)
	Other Securities				66,754,308		1.5	%
UNITED STATES — (0.0%)
	Other Security				1,459,048		0.0	%
TOTAL COMMON STOCKS					4,478,504,181		98.5	%
PREFERRED STOCKS — (1.0%)
BRAZIL — (1.0%)
	Itau Unibanco Holding SA		2,317,176		12,041,622		0.3	%
	Petroleo Brasileiro SA		2,952,047		14,026,929		0.3	%
	Other Securities				16,744,032		0.3	%
TOTAL BRAZIL					42,812,583		0.9	%
CHILE — (0.0%)
	Other Security				865,071		0.0	%
COLOMBIA — (0.0%)
	Other Securities				553,440		0.0	%
SOUTH KOREA — (0.0%)
	Other Securities				15,136		0.0	%
TOTAL PREFERRED STOCKS					44,246,230		0.9	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
	Other Security				3,557		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $2,950,309,237)					4,522,753,968

183

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL —   (0.8%)
@§	The DFA Short Term Investment Fund		3,072,381	$	35,538,231		0.8	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,985,843,039)				$	4,558,292,199		100.2	%

As of April 30, 2023, The Emerging Markets Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		630		06/16/23	$	30,369,756	$	31,002,300	$	632,544
Total Futures Contracts					$	30,369,756	$	31,002,300	$	632,544

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	171,386,070		—		—	$	171,386,070
Chile		10,431,987	$	12,093,344		—		22,525,331
China		161,877,202		1,089,712,420		—		1,251,589,622
Colombia		4,573,360		62,362		—		4,635,722
Czech Republic		—		9,694,368		—		9,694,368
Egypt		62,814		1,535,730		—		1,598,544
Greece		—		19,443,115		—		19,443,115
Hungary		—		11,972,072		—		11,972,072
India		28,128,506		669,368,263	$	565,969		698,062,738
Indonesia		—		96,310,635		—		96,310,635
Kuwait		8,697,541		1,065,700		—		9,763,241
Malaysia		—		73,832,068		—		73,832,068
Mexico		118,366,062		—		—		118,366,062
Peru		5,185,120		—		—		5,185,120
Philippines		54,068		34,525,378		—		34,579,446
Poland		—		40,365,337		—		40,365,337
Qatar		—		37,697,226		—		37,697,226
Saudi Arabia		—		182,912,530		—		182,912,530
South Africa		27,448,374		135,771,178		—		163,219,552
South Korea		4,559,307		554,312,439		—		558,871,746
Taiwan		4,769,295		753,467,009		—		758,236,304
Thailand		96,416,994		8,527,781		—		104,944,775
Turkey		—		35,099,201		—		35,099,201
United Arab Emirates		—		66,754,308		—		66,754,308
United States		—		1,459,048		—		1,459,048
Preferred Stocks
Brazil		42,812,583		—		—		42,812,583
Chile		—		865,071		—		865,071
Colombia		553,440		—		—		553,440
South Korea		4,033		11,103		—		15,136

184

THE EMERGING MARKETS SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Rights/Warrants Brazil		—	$	3,557		—		$	3,557
Securities Lending Collateral		—		35,538,231		—			35,538,231
Futures Contracts**	$	632,544		—		—			632,544
TOTAL	$	685,959,300	$	3,872,399,474	$	565,969	^	$	4,558,924,743

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

185

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.2%)
BRAZIL — (4.3%)
	TOTVS SA		1,646,258	$	8,469,262		0.2	%
	Transmissora Alianca de Energia Eletrica SA		1,318,523		9,640,830		0.3	%
	Ultrapar Participacoes SA		2,149,572		6,223,148		0.2	%
	Other Securities				147,833,968		3.6	%
TOTAL BRAZIL					172,167,208		4.3	%
CHILE — (0.7%)
	Other Securities				29,735,042		0.8	%
CHINA — (24.8%)
	Beijing Enterprises Holdings Ltd.		1,690,500		7,015,554		0.2	%
	C&D International Investment Group Ltd.		2,064,788		6,358,785		0.2	%
	China Conch Venture Holdings Ltd.		5,111,000		8,154,730		0.2	%
	China Everbright Environment Group Ltd.		14,046,000		5,962,868		0.2	%
*W	China Literature Ltd.		1,372,000		6,338,755		0.2	%
	China Medical System Holdings Ltd.		5,268,500		8,746,339		0.2	%
	China Merchants Port Holdings Co. Ltd.		4,575,230		6,788,826		0.2	%
	China Power International Development Ltd.		19,267,333		7,313,847		0.2	%
	China Taiping Insurance Holdings Co. Ltd.		5,933,400		6,815,415		0.2	%
	Chinasoft International Ltd.		9,590,000		6,393,099		0.2	%
	Far East Horizon Ltd.		6,821,000		6,136,321		0.2	%
	Guangdong Investment Ltd.		7,234,000		6,915,533		0.2	%
	Haitian International Holdings Ltd.		2,497,000		6,487,906		0.2	%
	Hengan International Group Co. Ltd.		2,254,500		10,069,629		0.3	%
*W	Hua Hong Semiconductor Ltd.		2,229,000		9,159,200		0.3	%
*W	Hygeia Healthcare Holdings Co. Ltd.		1,068,800		7,876,200		0.2	%
#*	JinkoSolar Holding Co. Ltd., ADR		157,507		7,813,922		0.2	%
	Kingboard Holdings Ltd.		2,616,921		8,014,926		0.2	%
	Kingsoft Corp. Ltd.		3,366,000		14,796,002		0.4	%
	Kunlun Energy Co. Ltd.		12,390,000		11,485,621		0.3	%
	Minth Group Ltd.		2,963,000		8,579,622		0.2	%
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		5,601,200		9,557,838		0.3	%
*	Tongcheng Travel Holdings Ltd.		3,499,200		7,443,519		0.2	%
	TravelSky Technology Ltd., Class H		3,352,000		6,691,021		0.2	%
W	Yadea Group Holdings Ltd.		4,086,000		9,553,182		0.3	%
	Yuexiu Property Co. Ltd.		5,505,456		7,964,544		0.2	%
*	Zhaojin Mining Industry Co. Ltd., Class H		3,867,000		6,155,793		0.2	%
*W	ZhongAn Online P&C Insurance Co. Ltd., Class H		2,147,900		6,686,485		0.2	%
	Other Securities				771,907,844		18.6	%
TOTAL CHINA					993,183,326		24.9	%
COLOMBIA — (0.1%)
	Other Securities				3,421,185		0.1	%
GREECE — (0.4%)
	Other Securities				15,845,772		0.4	%
HONG KONG — (0.0%)
	Other Securities				162,890		0.0	%

186

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
HUNGARY — (0.0%)
	Other Securities			$	1,542,255		0.0	%
INDIA — (16.5%)
	Federal Bank Ltd.		5,370,459		8,892,903		0.2	%
	KPIT Technologies Ltd.		686,673		7,717,992		0.2	%
	Persistent Systems Ltd.		203,164		11,810,212		0.3	%
	Phoenix Mills Ltd.		336,538		5,955,687		0.2	%
	Supreme Industries Ltd.		207,576		6,898,229		0.2	%
	Tube Investments of India Ltd.		314,381		9,958,087		0.3	%
	Other Securities				610,361,996		15.2	%
TOTAL INDIA					661,595,106		16.6	%
INDONESIA — (1.9%)
	Other Securities				77,356,198		1.9	%
KUWAIT — (0.1%)
	Other Securities				4,301,283		0.1	%
MALAYSIA — (1.6%)
	Other Securities				63,002,024		1.6	%
MEXICO — (3.1%)
W	Banco del Bajio SA		2,573,919		8,463,533		0.2	%
	Grupo Aeroportuario del Centro Norte SAB de CV		579,894		6,361,595		0.2	%
	Grupo Comercial Chedraui SA de CV		1,733,477		10,248,817		0.3	%
*	Grupo Simec SAB de CV, Class B		945,472		10,506,705		0.3	%
*	Industrias CH SAB de CV, Class B		1,697,905		19,211,980		0.5	%
	La Comer SAB de CV		2,986,626		6,528,235		0.2	%
	Other Securities				63,309,761		1.4	%
TOTAL MEXICO.					124,630,626		3.1	%
PHILIPPINES — (1.1%)
	Other Securities				43,922,039		1.1	%
POLAND — (1.2%)
	Grupa Kety SA		54,308		7,404,726		0.2	%
	KRUK SA		66,442		5,998,398		0.2	%
	Other Securities				32,880,505		0.8	%
TOTAL POLAND					46,283,629		1.2	%
QATAR — (0.7%)
	Other Securities				28,125,020		0.7	%
SAUDI ARABIA — (4.1%)
*	Dar Al Arkan Real Estate Development Co.		1,798,980		7,765,734		0.2	%
	Other Securities				157,647,203		3.9	%
TOTAL SAUDI ARABIA					165,412,937		4.1	%
SOUTH AFRICA — (3.2%)
	Harmony Gold Mining Co. Ltd., Sponsored ADR		1,765,685		8,139,808		0.2	%
	Other Securities				119,427,392		3.0	%
TOTAL SOUTH AFRICA					127,567,200		3.2	%

187

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (11.6%)
Other Securities			$	465,613,995		11.7	%
TAIWAN — (18.2%)
Taichung Commercial Bank Co. Ltd.		16,106,397		7,396,120		0.2	%
Other Securities				720,715,870		18.0	%
TOTAL TAIWAN				728,111,990		18.2	%
THAILAND — (2.2%)
Other Securities				90,101,353		2.3	%
TURKEY — (1.3%)
*   Sasa Polyester Sanayi AS		1,429,621		7,332,093		0.2	%
Other Securities				45,070,925		1.1	%
TOTAL TURKEY				52,403,018		1.3	%
UNITED ARAB EMIRATES — (1.1%)
Abu Dhabi Islamic Bank PJSC		3,212,096		9,951,306		0.3	%
Other Securities				35,437,839		0.8	%
TOTAL UNITED ARAB EMIRATES				45,389,145		1.1	%
TOTAL COMMON STOCKS				3,939,873,241		98.7	%
MUTUAL FUNDS — (0.0%)
UNITED STATES — (0.0%)
Other Security				191,780		0.0	%
TOTAL MUTUAL FUNDS				191,780		0.0	%
PREFERRED STOCKS — (0.7%)
BRAZIL — (0.7%)
Other Securities				26,633,175		0.7	%
CHILE — (0.0%)
Other Securities				1,122,223		0.0	%
COLOMBIA — (0.0%)
Other Security				59,117		0.0	%
INDIA — (0.0%)
Other Security				526,903		0.0	%
PHILIPPINES — (0.0%)
Other Security				387,092		0.0	%
TOTAL PREFERRED STOCKS				28,728,510		0.7	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities				123,629		0.0	%
KUWAIT — (0.0%)
Other Security				23,740		0.0	%

188

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
TAIWAN — (0.0%)
Other Security			$	105,556		0.0	%
THAILAND — (0.0%)
Other Securities				289		0.0	%
TOTAL RIGHTS/WARRANTS				253,214		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $3,636,646,675)				3,969,046,745
			Value†
SECURITIES LENDING COLLATERAL — (1.1%)
@§ The DFA Short Term Investment Fund		3,653,595		42,261,132		1.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,678,907,115)			$	4,011,307,877		100.5	%

As of April 30, 2023, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		573		06/16/23	$	27,777,580	$	28,197,330	$	419,750
Total Futures Contracts					$	27,777,580	$	28,197,330	$	419,750

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	167,299,404	$	4,867,804		—	$	172,167,208
Chile		1,816,610		27,918,432		—		29,735,042
China		39,337,413		947,540,805	$	6,305,108		993,183,326
Colombia		2,868,141		553,044		—		3,421,185
Greece		119,795		15,725,977		—		15,845,772
Hong Kong		5,687		157,203		—		162,890
Hungary		—		1,542,255		—		1,542,255
India		630,314		660,956,241		8,551		661,595,106
Indonesia		2,700,738		74,307,822		347,638		77,356,198
Kuwait		4,007,921		293,362		—		4,301,283
Malaysia		—		63,002,024		—		63,002,024
Mexico		119,107,675		5,522,951		—		124,630,626
Philippines		—		43,418,501		503,538		43,922,039
Poland		—		46,283,629		—		46,283,629
Qatar		—		28,125,020		—		28,125,020
Saudi Arabia		617,681		164,795,256		—		165,412,937
South Africa		8,351,832		119,215,368		—		127,567,200
South Korea		685,547		462,650,817		2,277,631		465,613,995
Taiwan		—		727,996,870		115,120		728,111,990

189

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Thailand	$	85,702,455	$	4,393,027	$	5,871		$	90,101,353
Turkey		—		52,403,018		—			52,403,018
United Arab Emirates		—		45,389,145		—			45,389,145
Preferred Stocks
Brazil		26,537,908		95,267		—			26,633,175
Chile		—		1,122,223		—			1,122,223
Colombia		59,117		—		—			59,117
India		—		526,903		—			526,903
Philippines		—		387,092		—			387,092
Rights/Warrants
Brazil		—		123,629		—			123,629
Kuwait		—		23,740		—			23,740
Taiwan		—		105,556		—			105,556
Thailand		—		289		—			289
Mutual Funds		191,780		—		—			191,780
Securities Lending Collateral		—		42,261,132		—			42,261,132
Futures Contracts**		419,750		—		—			419,750
TOTAL	$	460,459,768	$	3,541,704,402	$	9,563,457	^	$	4,011,727,627

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

190

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

				The Japanese		The Asia		The United
	The DFA			Small		Pacific Small		Kingdom Small
	International			Company		Company		Company
	Value Series*			Series*		Series*		Series*
ASSETS:
Investment Securities at Value (including $650,330, $124,204, $84,014 and $10,037 of securities on loan, respectively)	$	12,090,360		$	2,835,617	$	1,287,870	$	1,372,985
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $612,918, $50,232, $10,338 and $10,666, respectively)		613,017			50,234		10,338		10,666
Segregated Cash for Futures Contracts		6,754			—		—		—
Foreign Currencies at Value		115,808			1,213		2,055		10,939
Cash		14,864			2,355		38		17
Receivables:
Investment Securities Sold		24,137			1,682		1,668		203
Dividends, Interest and Tax Reclaims		129,931			37,258		2,003		11,008
Securities Lending Income		1,765			156		252		35
Futures Margin Variation		235			—		—		—
Prepaid Expenses and Other Assets		20			5		2		3
Total Assets		12,996,891			2,928,520		1,304,226		1,405,856
LIABILITIES:
Payables:
Upon Return of Securities Loaned		612,887			50,283		10,352		10,668
Investment Securities Purchased		8,021			2,394		932		—
Due to Advisor		2,017			236		107		111
Unrealized Loss on Foreign Currency Contracts		12			4		3		—
Accrued Expenses and Other Liabilities		559	��		313		191		106
Total Liabilities		623,496			53,230		11,585		10,885
NET ASSETS	$	12,373,395		$	2,875,290	$	1,292,641	$	1,394,971
Investment Securities at Cost	$	10,444,124		$	2,744,627	$	1,491,731	$	1,335,687
Foreign Currencies at Cost	$	116,025		$	1,214	$	2,059	$	10,889

* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

191

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	The
	Continental		The Canadian
	Small		Small		The Emerging		The Emerging
	Company		Company		Markets		Markets Small
	Series*		Series*		Series*		Cap Series*
ASSETS:
Investment Securities at Value (including $396,803, $130,973, $96,286 and $299,468 of securities on loan, respectively)	$	5,193,980	$	1,289,766	$	4,522,754	$	3,969,047
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $416,601, $135,518, $35,534 and $42,260, respectively)		416,625		135,531		35,538		42,261
Segregated Cash for Futures Contracts		—		—		929		845
Foreign Currencies at Value		24,357		1,881		29,246		24,695
Cash		114		22		20,308		17,218
Receivables:
Investment Securities Sold		2,053		209		7,111		5,281
Dividends, Interest and Tax Reclaims		43,496		1,288		10,609		8,244
Securities Lending Income		568		122		339		1,070
Futures Margin Variation		—		—		158		144
Unrealized Gain on Foreign Currency Contracts		—		—		1		2
Prepaid Expenses and Other Assets		8		2		9		7
Total Assets		5,681,201		1,428,821		4,627,002		4,068,814
LIABILITIES:
Payables:
Upon Return of Securities Loaned		416,720		135,604		35,601		42,246
Investment Securities Purchased		24		772		8,439		7,813
Due to Advisor		427		107		375		657
Unrealized Loss on Foreign Currency Contracts		—		—		1		—
Deferred Taxes Payable		—		—		34,170		24,421
Accrued Expenses and Other Liabilities		572		80		1,118		1,087
Total Liabilities		417,743		136,563		79,704		76,224
NET ASSETS	$	5,263,458	$	1,292,258	$	4,547,298	$	3,992,590
Investment Securities at Cost	$	4,267,220	$	1,137,043	$	2,950,309	$	3,636,647
Foreign Currencies at Cost	$	24,385	$	1,874	$	29,229	$	24,581

* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

192

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

				The Japanese			The Asia			The United
	The DFA			Small			Pacific Small			Kingdom Small
	International			Company			Company			Company
	Value Series#			Series#			Series#			Series#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $30,512, $4,977, $330 and $124, respectively)	$	271,315		$	44,755		$	22,840		$	21,153
Income from Securities Lending		3,633			968			1,830			191
Total Investment Income		274,948			45,723			24,670			21,344
Expenses
Investment Management Fees		11,753			1,388			647			660
Accounting & Transfer Agent Fees		188			48			26			25
Custodian Fees		377			196			93			39
Shareholders’ Reports		11			9			9			8
Directors’/Trustees’ Fees & Expenses		45			11			5			6
Professional Fees		81			16			9			8
Other		168			42			21			20
Total Expenses		12,623			1,710			810			766
Fees Paid Indirectly (Note C)		346			42			8			20
Net Expenses		12,277			1,668			802			746
Net Investment Income (Loss)		262,671			44,055			23,868			20,598
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		54,547			42			(4,438	)		(5,571	)
Affiliated Investment Companies Shares Sold		(36	)		2			1			5
Futures		5,317			—			—			—
Foreign Currency Transactions		5,293			1,367			495			583
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,926,221			452,118			145,370			277,109
Affiliated Investment Companies Shares		292			21			7			7
Futures		(101	)		—			—			—
Translation of Foreign Currency-Denominated Amounts		4,461			(183	)		(19	)		72
Net Realized and Unrealized Gain (Loss)		1,995,994			453,367			141,416			272,205
Net Increase (Decrease) in Net Assets Resulting from Operations	$	2,258,665		$	497,422		$	165,284		$	292,803

** Net of foreign capital gain taxes withheld of $0, $0, $0 and $0, respectively.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

193

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	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 $9,898, $2,546, $6,714 and $4,793, respectively)	$	66,428	$	14,700		$	62,076		$	37,367
Income from Securities Lending		2,768		794			1,827			5,683
Total Investment Income		69,196		15,494			63,903			43,050
Expenses
Investment Management Fees		2,480		634			2,223			3,882
Accounting & Transfer Agent Fees		83		21			81			73
Custodian Fees		367		30			968			971
Shareholders’ Reports		9		8			9			9
Directors’/Trustees’ Fees & Expenses		20		5			18			17
Professional Fees		35		8			53			79
Other		72		19			71			66
Total Expenses		3,066		725			3,423			5,097
Fees Paid Indirectly (Note C)		40		15			199			144
Net Expenses		3,026		710			3,224			4,953
Net Investment Income (Loss)		66,170		14,784			60,679			38,097
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		23,523		36,054			(19,498	)		59,459
Affiliated Investment Companies Shares Sold		19		(2	)		(11	)		12
Futures		—		100			1,503			453
Foreign Currency Transactions		411		87			390			1,028
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,012,650		68,894			643,289			470,311
Affiliated Investment Companies Shares		126		97			39			26
Futures		—		—			2,781			3,601
Translation of Foreign Currency-Denominated Amounts		3,266		3			39			123
Net Realized and Unrealized Gain (Loss)		1,039,995		105,233			628,532			535,013
Net Increase (Decrease) in Net Assets Resulting from
Operations	$	1,106,165	$	120,017		$	689,211		$	573,110

** Net of foreign capital gain taxes withheld of $0, $0, $1,921 and $5,243, respectively.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

194

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The DFA International Value Series						The Japanese Small Company Series						The Asia Pacific Small Company Series
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	262,671		$	508,688		$	44,055		$	74,322		$	23,868		$	65,743
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		54,547			6,848			42			5,574			(4,438	)		33,519
Affiliated Investment Companies Shares Sold		(36	)		36			2			(8	)		1			(10	)
Futures		5,317			(16,735	)		—			—			—			349
Foreign Currency Transactions		5,293			(13,407	)		1,367			(5,554	)		495			(731	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,926,221			(2,198,406	)		452,118			(862,888	)		145,370			(565,107	)
Affiliated Investment Companies Shares		292			(280	)		21			(32	)		7			(12	)
Futures		(101	)		2,503			—			—			—			—
Translation of Foreign Currency-Denominated Amounts		4,461			(4,633	)		(183	)		(284	)		(19	)		(8	)
Net Increase (Decrease) in Net Assets Resulting from Operations		2,258,665			(1,715,386	)		497,422			(788,870	)		165,284			(466,257	)
Transactions in Interest:
Contributions		113,065			1,269,316			53,890			112,114			39,524			49,404
Withdrawals		(525,468	)		(1,324,290	)		(196,365	)		(219,045	)		(106,188	)		(212,093	)
Net Increase (Decrease) from Transactions in Interest		(412,403	)		(54,974	)		(142,475	)		(106,931	)		(66,664	)		(162,689	)
Total Increase (Decrease) in Net Assets		1,846,262			(1,770,360	)		354,947			(895,801	)		98,620			(628,946	)
Net Assets
Beginning of Period		10,527,133			12,297,493			2,520,343			3,416,144			1,194,021			1,822,967
End of Period	$	12,373,395		$	10,527,133		$	2,875,290		$	2,520,343		$	1,292,641		$	1,194,021

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

195

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The United Kingdom Small Company Series						The Continental Small Company Series						The Canadian Small Company Series
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	20,598		$	62,067		$	66,170		$	153,871		$	14,784		$	39,942
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(5,571	)		(4,763	)		23,523			53,125			36,054			84,639
Affiliated Investment Companies Shares Sold		5			(3	)		19			(59	)		(2	)		(66	)
Futures		—			—			—			—			100			27
Foreign Currency Transactions		583			(1,687	)		411			(2,690	)		87			(101	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		277,109			(665,322	)		1,012,650			(2,054,707	)		68,894			(295,189	)
Affiliated Investment Companies Shares		7			(11	)		126			(130	)		97			(101	)
Translation of Foreign Currency-Denominated Amounts		72			(66	)		3,266			(3,148	)		3			(9	)
Net Increase (Decrease) in Net Assets Resulting from Operations		292,803			(609,785	)		1,106,165			(1,853,738	)		120,017			(170,858	)
Transactions in Interest:
Contributions		1,640			38,338			2,845			179,167			1,109			51,681
Withdrawals		(67,319	)		(157,982	)		(192,115	)		(517,971	)		(43,928	)		(117,171	)
Net Increase (Decrease) from Transactions in Interest		(65,679	)		(119,644	)		(189,270	)		(338,804	)		(42,819	)		(65,490	)
Total Increase (Decrease) in Net Assets		227,124			(729,429	)		916,895			(2,192,542	)		77,198			(236,348	)
Net Assets
Beginning of Period		1,167,847			1,897,276			4,346,563			6,539,105			1,215,060			1,451,408
End of Period	$	1,394,971		$	1,167,847		$	5,263,458		$	4,346,563		$	1,292,258		$	1,215,060

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $0, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

196

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Emerging Markets Series						The Emerging Markets Small Cap Series
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	60,679		$	169,766		$	38,097		$	130,163
Net Realized Gain (Loss) on: Investment Securities Sold*,**		(19,498	)		37,299			59,459			106,869
Affiliated Investment Companies Shares Sold		(11	)		(29	)		12			(18	)
Futures		1,503			(15,196	)		453			(6,942	)
Foreign Currency Transactions		390			(2,541	)		1,028			(2,550	)
Change in Unrealized Appreciation (Depreciation) of: Investment Securities and Foreign Currency		643,289			(1,639,645	)		470,311			(1,297,378	)
Affiliated Investment Companies Shares		39			(47	)		26			(41	)
Futures		2,781			(1,197	)		3,601			(3,235	)
Translation of Foreign Currency-Denominated Amounts		39			8			123			80
Net Increase (Decrease) in Net Assets Resulting from Operations		689,211			(1,451,582	)		573,110			(1,073,052	)
Transactions in Interest:
Contributions		70,532			434,631			79,986			283,303
Withdrawals		(204,873	)		(1,299,951	)		(181,425	)		(818,051	)
Net Increase (Decrease) from Transactions in Interest		(134,341	)		(865,320	)		(101,439	)		(534,748	)
Total Increase (Decrease) in Net Assets		554,870			(2,316,902	)		471,671			(1,607,800	)
Net Assets
Beginning of Period		3,992,428			6,309,330			3,520,919			5,128,719
End of Period	$	4,547,298		$	3,992,428		$	3,992,590		$	3,520,919

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $1,921 and $5,243, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $4,922 and $9,059, respectively.

See accompanying Notes to Financial Statements.

197

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The DFA International Value Series																		The Japanese Small Company Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Total Return		21.72	%(B)		(13.82	%)		51.09	%		(18.68	%)		3.60	%		(8.10	%)		20.06	%(B)		(23.60	%)		13.08	%		(1.93	%)		4.47	%		(7.46	%)
Net Assets, End of Period (thousands)	$	12,373,395		$	10,527,133		$	12,297,493		$	9,481,550		$	12,420,850		$	12,153,340		$	2,875,290		$	2,520,343		$	3,416,144		$	2,943,153		$	3,748,177		$	3,834,097
Ratio of Expenses to Average Net Assets		0.21	%(C)		0.21	%		0.22	%		0.21	%		0.21	%		0.22	%		0.12	%(C)		0.12	%		0.12	%		0.13	%		0.12	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.21	%(C)		0.21	%		0.22	%		0.22	%		0.22	%		0.22	%		0.12	%(C)		0.12	%		0.12	%		0.13	%		0.12	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		4.47	%(C)		4.36	%		3.50	%		2.77	%		3.92	%		3.21	%		3.17	%(C)		2.56	%		2.11	%		2.13	%		2.32	%		1.90	%
Portfolio Turnover Rate		4	%(B)		15	%		9	%		12	%		16	%		20	%		3	%(B)		11	%		11	%		5	%		12	%		17	%

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

See accompanying Notes to Financial Statements.

198

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Asia Pacific Small Company Series																		The United Kingdom Small Company Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Total Return		13.86	%(B)		(26.65	%)		38.31	%		0.14	%		5.27	%		(8.14	%)		25.48	%(B)		(33.34	%)		51.93	%		(14.87	%)		10.67	%		(8.90	%)
Net Assets, End of Period (thousands)	$	1,292,641		$	1,194,021		$	1,822,967		$	1,527,014		$	1,641,843		$	1,730,371		$	1,394,971		$	1,167,847		$	1,897,276		$	1,475,782		$	2,277,451		$	2,188,825
Ratio of Expenses to Average Net Assets		0.13	%(C)		0.12	%		0.12	%		0.13	%		0.13	%		0.13	%		0.12	%(C)		0.11	%		0.12	%		0.12	%		0.11	%		0.11	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.13	%(C)		0.12	%		0.12	%		0.13	%		0.13	%		0.13	%		0.12	%(C)		0.11	%		0.12	%		0.12	%		0.12	%		0.11	%
Ratio of Net Investment Income to Average Net Assets		3.69	%(C)		4.23	%		3.42	%		4.21	%		4.11	%		3.96	%		3.12	%(C)		4.07	%		2.27	%		2.38	%		3.43	%		3.23	%
Portfolio Turnover Rate		8	%(B)		19	%		19	%		18	%		18	%		18	%		4	%(B)		14	%		12	%		9	%		18	%		14	%

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

See accompanying Notes to Financial Statements.

199

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Continental Small Company Series																		The Canadian Small Company Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Total Return		25.86	%(B)		(29.07	%)		51.24	%		(2.23	%)		8.43	%		(10.78	%)		10.05	%(B)		(12.52	%)		59.72	%		6.02	%		1.00	%		(10.44	%)
Net Assets, End of Period (thousands)	$	5,263,458		$	4,346,563		$	6,539,105		$	4,601,945		$	5,607,495		$	5,422,260		$	1,292,258		$	1,215,060		$	1,451,408		$	970,883		$	1,148,615		$	1,146,811
Ratio of Expenses to Average Net Assets		0.12	%(C)		0.13	%		0.12	%		0.12	%		0.12	%		0.12	%		0.11	%(C)		0.11	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.12	%(C)		0.13	%		0.12	%		0.12	%		0.13	%		0.12	%		0.11	%(C)		0.11	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		2.67	%(C)		2.85	%		2.11	%		2.15	%		2.74	%		2.51	%		2.33	%(C)		3.00	%		1.90	%		2.08	%		2.37	%		2.11	%
Portfolio Turnover Rate		3	%(B)		11	%		17	%		8	%		17	%		15	%		8	%(B)		15	%		27	%		18	%		12	%		14	%

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

See accompanying Notes to Financial Statements.

200

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Emerging Markets Series																		The Emerging Markets Small Cap Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2023			2022			2021			2020			2019			2018			2023			2022			2021			2020			2019			2018
	(Unaudited)																		(Unaudited)
Total Return		17.44	%(B)		(25.79	%)		22.22	%		2.67	%		11.40	%		(11.83	%)		16.51	%(B)		(22.31	%)		36.03	%		1.25	%		13.47	%		(16.06	%)
Net Assets, End of Period (thousands)	$	4,547,298		$	3,992,428		$	6,309,330		$	5,724,325		$	6,034,162		$	5,469,649		$	3,992,590		$	3,520,919		$	5,128,719		$	4,906,954		$	6,430,367		$	6,306,302
Ratio of Expenses to Average Net Assets		0.15	%(C)		0.15	%		0.15	%		0.13	%		0.14	%		0.14	%		0.26	%(C)		0.26	%		0.27	%		0.25	%		0.24	%		0.24	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.15	%(C)		0.16	%		0.15	%		0.14	%		0.15	%		0.14	%		0.26	%(C)		0.26	%		0.27	%		0.26	%		0.25	%		0.24	%
Ratio of Net Investment Income to Average Net Assets		2.73	%(C)		3.26	%		2.42	%		2.38	%		3.04	%		2.40	%		1.96	%(C)		2.91	%		2.47	%		2.64	%		2.90	%		2.77	%
Portfolio Turnover Rate		5	%(B)		10	%		19	%		22	%		9	%		12	%		8	%(B)		12	%		16	%		18	%		12	%		12	%

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

See accompanying Notes to Financial Statements.

201

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 “1940 Act”), The Trust consists of ten operational portfolios, eight of which, 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 and The Emerging Markets Small Cap Series are included in this section of the report (collectively, the “Series”). The remaining operational portfolios are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. 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 between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management 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”). These securities are generally categorized as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Series 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. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

202

The Series 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, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time that the net asset values of the Series are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series price their shares at the close of the NYSE, the Series 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 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, Dimensional Fund Advisors LP 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 Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When a Series uses fair value pricing, the values assigned to the Series’ foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Series’ investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables have been included at the end of the Summary Schedules of Portfolio Holdings. The methodology or inputs 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 recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Series enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. 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 foreign currency rate fluctuations 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 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 of securities transactions, and the difference between amounts of interest, dividends and any 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 to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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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The Trustees may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The 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 Trustees of the Trust; 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 (unless the Trustee files an amended Notice selecting a different distribution date).

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 and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and 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 received distributions 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, using 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 Trustees, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series 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. Additionally, 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 are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Series. For the six months ended April 30, 2023, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

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	%

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Earned Income Credit:

Additionally, the Series have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Series’ custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Series’ net assets. During the six months ended April 30, 2023, expenses reduced were as follows (amounts in thousands):

	Fees Paid Indirectly
The DFA International Value Series	$	346
The Japanese Small Company Series		42
The Asia Pacific Small Company Series		8
The United Kingdom Small Company Series		20
The Continental Small Company Series		40
The Canadian Small Company Series		15
The Emerging Markets Series		199
The Emerging Markets Small Cap Series		144

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. For the six months ended April 30, 2023, the total related amounts paid by the Trust to the CCO were $15 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statements of Operations.

D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

The DFA International Value Series	$	145
The Japanese Small Company Series		38
The Asia Pacific Small Company Series		18
The United Kingdom Small Company Series		24
The Continental Small Company Series		31
The Canadian Small Company Series		8
The Emerging Markets Series		59
The Emerging Markets Small Cap Series		52

E. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Series’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

	Purchases		Sales
The DFA International Value Series	$	424,304	$	575,397
The Japanese Small Company Series	$	86,459	$	196,004
The Asia Pacific Small Company Series	$	106,265	$	134,827
The United Kingdom Small Company Series	$	47,777	$	66,772
The Continental Small Company Series	$	149,031	$	303,780
The Canadian Small Company Series	$	104,661	$	105,800

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	Purchases		Sales
The Emerging Markets Series	$	232,610	$	296,427
The Emerging Markets Small Cap Series	$	304,333	$	371,480

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

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Summary Schedule of Portfolio Holdings, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
The DFA International Value Series
The DFA Short Term Investment Fund	$	482,853	$	2,137,738	$	2,007,830	$	(36	)	$	292	$	613,017		52,997	$	10,227		—
Total	$	482,853	$	2,137,738	$	2,007,830	$	(36	)	$	292	$	613,017		52,997	$	10,227		—
The Japanese Small Company Series
The DFA Short Term Investment Fund	$	55,545	$	168,415	$	173,749	$	2		$	21	$	50,234		4,343	$	1,096		—
Total	$	55,545	$	168,415	$	173,749	$	2		$	21	$	50,234		4,343	$	1,096		—
The Asia Pacific Small Company Series
The DFA Short Term Investment Fund	$	17,305	$	30,842	$	37,817	$	1		$	7	$	10,338		894	$	388		—
Total	$	17,305	$	30,842	$	37,817	$	1		$	7	$	10,338		894	$	388		—
The United Kingdom Small Company Series
The DFA Short Term Investment Fund	$	29,468	$	37,797	$	56,611	$	5		$	7	$	10,666		922	$	312		—
Total	$	29,468	$	37,797	$	56,611	$	5		$	7	$	10,666		922	$	312		—
The Continental Small Company Series
The DFA Short Term Investment Fund	$	256,520	$	651,737	$	491,777	$	19		$	126	$	416,625		36,018	$	6,035		—
Total	$	256,520	$	651,737	$	491,777	$	19		$	126	$	416,625		36,018	$	6,035		—
The Canadian Small Company Series
The DFA Short Term Investment Fund	$	199,722	$	340,065	$	404,351	$	(2	)	$	97	$	135,531		11,717	$	3,743		—
Total	$	199,722	$	340,065	$	404,351	$	(2	)	$	97	$	135,531		11,717	$	3,743		—

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	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
The Emerging Markets Series
The DFA Short Term Investment Fund	$	106,739	$	268,821	$	340,050	$	(11	)	$	39	$	35,538		3,072	$	1,472		—
Total	$	106,739	$	268,821	$	340,050	$	(11	)	$	39	$	35,538		3,072	$	1,472		—
The Emerging Markets Small Cap Series
The DFA Short Term Investment Fund	$	65,972	$	133,659	$	157,408	$	12		$	26	$	42,261		3,654	$	1,300		—
Total	$	65,972	$	133,659	$	157,408	$	12		$	26	$	42,261		3,654	$	1,300		—

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.

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The DFA International Value Series	$	11,085,677	$	2,510,718	$	(864,384	)	$	1,646,334
The Japanese Small Company Series		2,854,277		529,827		(438,835	)		90,992
The Asia Pacific Small Company Series		1,529,523		214,114		(417,974	)		(203,860	)
The United Kingdom Small Company Series		1,355,587		327,613		(290,314	)		37,299
The Continental Small Company Series		4,714,608		1,593,721		(666,937	)		926,784
The Canadian Small Company Series		1,309,403		316,833		(164,096	)		152,737
The Emerging Markets Series		3,033,652		1,935,324		(362,875	)		1,572,449
The Emerging Markets Small Cap Series		3,768,255		1,173,667		(841,243	)		332,424

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 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 Series’ tax positions and has concluded that no additional provision for income tax is required in any Series’ financial statements. The Series are not aware of any tax positions for which it is more likely than not 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.

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

Series that have significant exposure to certain countries, such as The United Kingdom Small Company Series that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom’s (UK) exit from the EU (referred to as “Brexit”). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Series, the ultimate impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Series’ investments.

Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Series.

2. Futures Contracts: The Series listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, a Series deposits cash or pledges U.S. Government securities to a broker in an amount 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 entrance 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. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amounts in thousands):

	Futures*
The DFA International Value Series	$	114,931
The Canadian Small Company Series		1,011
The Emerging Markets Series		33,407
The Emerging Markets Small Cap Series		30,056

* Average Notional Value of futures contracts.

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The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value at April 30, 2023		Equity Contracts *,(1)
The DFA International Value Series	$	5,418	$	5,418
The Emerging Markets Series		633		633
The Emerging Markets Small Cap Series		420		420

(1) Presented on Statements of Assets and Liabilities as Receivables: Futures Margin Variation.

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

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 for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total		Equity Contracts (1)
The DFA International Value Series	$	5,317	$	5,317
The Canadian Small Company Series		100		100
The Emerging Markets Series		1,503		1,503
The Emerging Markets Small Cap Series		453		453

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
The DFA International Value Series	$	(101	)	$	(101	)
The Emerging Markets Series		2,781			2,781
The Emerging Markets Small Cap Series		3,601			3,601

(1) Presented on Statements of Operations as Net Realized Gain (Loss) on: Futures.

(2) Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

H. Line of Credit and Interfund Lending Program:

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. 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 $500 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 agreement for the line of credit expires on April 3, 2024.

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The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

For the six months ended April 30, 2023, borrowings by the following Series under the lines 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		Outstanding Borrowings as of 04/30/2023
The DFA International Value Series		5.29	%	$	1,696		6	$	1	$	4,987		—
The Japanese Small Company Series		5.30	%		1,638		11		3		17,047		—
The Asia Pacific Small Company Series		5.24	%		67		14		—		140		—
The United Kingdom Small Company Series		4.78	%		43		5		—		92		—
The Continental Small Company Series		4.98	%		190		22		1		571		—
The Canadian Small Company Series		4.79	%		56		6		—		90		—
The Emerging Markets Series		4.58	%		135		3		—		213		—
The Emerging Markets Small Cap Series		5.08	%		6,998		3		3		18,908		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023, that the Series’ available line of credit was used.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

The Series did not use the interfund lending program during the six months ended April 30, 2023.

I. Affiliated Trades:

Cross trades for the six months ended April 30, 2023, if any, were executed by the Series pursuant to procedures adopted by the Board of Trustees of the Trust to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Trust.

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For the six months ended April 30, 2023, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

Series	Purchases		Sales		Realized Gain (Loss)
The DFA International Value Series	$	78,288	$	20,104	$	2,424
The Japanese Small Company Series		14,390		17,503		(1,227	)
The Asia Pacific Small Company Series		5,434		11,189		(840	)
The United Kingdom Small Company Series		7,508		5,785		(3,308	)
The Continental Small Company Series		8,815		18,088		(244	)
The Canadian Small Company Series		14,550		11,813		4,570
The Emerging Markets Series		2,494		885		(447	)
The Emerging Markets Small Cap Series		915		1,299		45

J. Securities Lending:

As of April 30, 2023, the Series had securities on loan to brokers/dealers, for which each such Series received cash collateral. The Series also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

	Non-Cash Collateral Market Value
The DFA International Value Series	$	67,361
The Japanese Small Company Series		83,334
The Asia Pacific Small Company Series		80,616
The Continental Small Company Series		5,511
The Canadian Small Company Series		1,752
The Emerging Markets Series		69,607
The Emerging Markets Small Cap Series		273,137

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 in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and 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. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

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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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, 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 for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of April 30, 2023
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
The DFA International Value Series Common Stocks	$	612,887		—		—		—	$	612,887
The Japanese Small Company Series Common Stocks		50,283		—		—		—		50,283
The Asia Pacific Small Company Series Common Stocks		10,352		—		—		—		10,352
The United Kingdom Small Company Series Common Stocks		10,668		—		—		—		10,668
The Continental Small Company Series Common Stocks, Rights/Warrants		416,720		—		—		—		416,720
The Canadian Small Company Series Common Stocks, Rights/Warrants		135,604		—		—		—		135,604
The Emerging Markets Series Common Stocks		35,601		—		—		—		35,601
The Emerging Markets Small Cap Series Common Stocks		42,246		—		—		—		42,246

K. 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 that 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.

212

L. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Series’ financial statements.

M. Other:

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series’ and the Trust’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

N. Subsequent Event Evaluations:

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

213

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 and 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” reflects 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.

214

DISCLOSURE OF FUND EXPENSES

CONTINUED

Six Months Ended April 30, 2023

EXPENSE TABLE

	Beginning Account Value 11/01/22		Ending Account Value 04/30/23		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Dimensional Emerging Markets Value Fund
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,176.90		0.15	%	$	0.81
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.05		0.15	%	$	0.75

(1) 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.

215

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 as an exhibit to their reports on Form N-PORT. For the Dimensional Emerging Markets Value Fund, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional Emerging Markets Value Fund filed its most recent Form N-PORT with the SEC on March 27, 2023. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; by visiting the SEC’s website at http://www.sec.gov; or by visiting 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 regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A 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; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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 used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this 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
Communication Services	2.9	%
Consumer Discretionary	8.5	%
Consumer Staples	2.8	%
Energy	10.5	%
Financials	29.9	%
Health Care	2.6	%
Industrials	10.0	%
Information Technology	11.8	%
Materials	15.2	%
Real Estate	4.4	%
Utilities	1.4	%
	100.0	%

216

DIMENSIONAL EMERGING MARKETS VALUE FUND

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2023

(Unaudited)

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.2%)
BRAZIL — (3.5%)
Petroleo Brasileiro SA		10,640,384	$	56,894,631		0.6	%
Petroleo Brasileiro SA, Sponsored ADR		10,372,552		98,435,518		0.9	%
Petroleo Brasileiro SA, Sponsored ADR		4,446,951		47,226,620		0.5	%
Other Securities				170,883,216		1.5	%
TOTAL BRAZIL				373,439,985		3.5	%
CHILE — (0.6%)
Other Securities				63,664,980		0.6	%
CHINA — (28.6%)
Agricultural Bank of China Ltd., Class H		90,608,000		35,031,988		0.4	%
*   Alibaba Group Holding Ltd.		8,310,500		87,872,090		0.9	%
*   Baidu, Inc., Sponsored ADR		661,161		79,742,628		0.8	%
Bank of China Ltd., Class H		255,029,817		101,848,181		1.0	%
China Construction Bank Corp., Class H		425,561,101		284,498,654		2.7	%
China Merchants Bank Co. Ltd., Class H		15,005,000		72,430,975		0.7	%
China Overseas Land & Investment Ltd.		14,029,500		35,580,813		0.4	%
China Petroleum & Chemical Corp., Class H		84,877,575		55,630,043		0.5	%
#   China Resources Land Ltd.		15,272,000		71,117,966		0.7	%
China Shenhua Energy Co. Ltd., Class H		13,501,000		44,844,207		0.4	%
Industrial & Commercial Bank of China Ltd., Class H		220,681,996		118,727,794		1.1	%
PetroChina Co. Ltd., Class H		102,478,000		71,184,745		0.7	%
Ping An Insurance Group Co. of China Ltd., Class H		17,610,500		128,477,765		1.2	%
*   Trip.com Group Ltd., ADR		1,370,818		48,677,747		0.5	%
*W  Xiaomi Corp., Class B		26,124,400		37,081,066		0.4	%
Other Securities				1,756,666,959		16.2	%
TOTAL CHINA				3,029,413,621		28.6	%
COLOMBIA — (0.0%)
Other Securities				4,826,796		0.1	%
CZECH REPUBLIC — (0.1%)
Other Securities				10,614,101		0.1	%
GREECE — (0.4%)
Other Securities				40,337,244		0.4	%
HONG KONG — (0.0%)
Other Securities				283,596		0.0	%
HUNGARY — (0.2%)
Other Securities				23,151,907		0.2	%
INDIA — (15.8%)
Axis Bank Ltd.		9,710,222		102,500,145		1.0	%
Hindalco Industries Ltd.		8,224,639		44,068,117		0.4	%
Housing Development Finance Corp. Ltd.		2,663,444		90,565,366		0.9	%
ICICI Bank Ltd., Sponsored ADR		3,348,799		76,185,174		0.7	%
JSW Steel Ltd.		4,182,960		37,284,635		0.4	%
Larsen & Toubro Ltd.		2,322,577		67,211,939		0.7	%

217

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
Mahindra & Mahindra Ltd.		3,828,144	$	57,512,435		0.6	%
Reliance Industries Ltd.		11,255,226		334,165,230		3.2	%
State Bank of India		7,219,632		51,074,729		0.5	%
Tata Steel Ltd.		26,249,748		34,817,202		0.3	%
Other Securities				776,143,160		7.1	%
TOTAL INDIA				1,671,528,132		15.8	%
INDONESIA — (1.9%)
Other Securities				204,401,278		1.9	%
KUWAIT — (0.0%)
Other Securities				4,797,249		0.0	%
MALAYSIA — (1.8%)
Other Securities				188,422,067		1.8	%
MEXICO — (3.0%)
Grupo Financiero Banorte SAB de CV, Class O		5,915,135		51,263,740		0.5	%
Grupo Mexico SAB de CV, Class B		8,706,607		42,580,269		0.4	%
Other Securities				222,045,352		2.1	%
TOTAL MEXICO				315,889,361		3.0	%
PHILIPPINES — (1.0%)
Other Securities				107,642,745		1.0	%
POLAND — (0.8%)
Other Securities				88,451,130		0.8	%
QATAR — (0.6%)
Other Securities				65,272,991		0.6	%
SAUDI ARABIA — (3.8%)
Saudi Basic Industries Corp.		3,539,269		87,570,931		0.8	%
Saudi National Bank		3,183,326		41,780,063		0.4	%
Other Securities				269,345,740		2.6	%
TOTAL SAUDI ARABIA				398,696,734		3.8	%
SOUTH AFRICA — (3.3%)
Impala Platinum Holdings Ltd.		3,641,990		35,457,682		0.3	%
Other Securities				319,774,867		3.1	%
TOTAL SOUTH AFRICA				355,232,549		3.4	%
SOUTH KOREA — (12.1%)
Hana Financial Group, Inc.		1,088,869		34,216,213		0.3	%
Hyundai Motor Co.		371,214		54,987,662		0.5	%
#   KB Financial Group, Inc., ADR		1,993,626		74,342,313		0.7	%
Kia Corp.		1,032,241		65,375,196		0.6	%
LG Electronics, Inc.		515,299		42,315,279		0.4	%
#   POSCO Holdings, Inc., Sponsored ADR		894,676		63,629,357		0.6	%
Samsung Electronics Co. Ltd.		1,452,256		71,456,928		0.7	%
SK Hynix, Inc.		2,129,150		143,256,630		1.4	%

218

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (Continued)
Other Securities			$	727,951,410		6.9	%
TOTAL SOUTH KOREA				1,277,530,988		12.1	%
TAIWAN — (16.5%)
ASE Technology Holding Co. Ltd.		13,379,000		43,984,115		0.4	%
China Steel Corp.		55,859,320		52,978,943		0.5	%
CTBC Financial Holding Co. Ltd.		74,971,073		55,264,044		0.5	%
Fubon Financial Holding Co. Ltd.		32,378,681		62,358,092		0.6	%
Hon Hai Precision Industry Co. Ltd.		38,800,192		132,213,520		1.3	%
Nan Ya Plastics Corp.		14,998,000		38,118,554		0.4	%
#   United Microelectronics Corp.		29,448,681		47,363,957		0.5	%
Other Securities				1,313,396,216		12.3	%
TOTAL TAIWAN				1,745,677,441		16.5	%
THAILAND — (2.1%)
PTT PCL		47,667,700		43,273,994		0.4	%
Other Securities				183,712,535		1.7	%
TOTAL THAILAND				226,986,529		2.1	%
TURKEY — (0.9%)
Other Securities				92,990,903		0.9	%
UNITED ARAB EMIRATES — (1.2%)
Emaar Properties PJSC		21,500,802		34,858,401		0.3	%
Other Securities				88,098,977		0.9	%
TOTAL UNITED ARAB EMIRATES				122,957,378		1.2	%
TOTAL COMMON STOCKS				10,412,209,705		98.4	%
PREFERRED STOCKS — (0.7%)
BRAZIL — (0.6%)
Petroleo Brasileiro SA		4,730,679		22,478,266		0.2	%
Other Securities				42,018,401		0.4	%
TOTAL BRAZIL				64,496,667		0.6	%
COLOMBIA — (0.1%)
Other Securities				2,534,331		0.1	%
INDIA — (0.0%)
Other Security				104,532		0.0	%
PHILIPPINES — (0.0%)
Other Security				609,625		0.0	%
SOUTH KOREA — (0.0%)
Other Securities				56,892		0.0	%
TAIWAN — (0.0%)
Other Security				1,169,180		0.0	%
TOTAL PREFERRED STOCKS				68,971,227		0.7	%

219

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
THAILAND — (0.0%)
Other Securities			$	4,950		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $9,284,216,160)				10,481,185,882
			Value†
SECURITIES LENDING COLLATERAL — (1.1%)
@§ The DFA Short Term Investment Fund		10,192,419		117,895,713		1.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $9,402,091,873)			$	10,599,081,595		100.2	%

As of April 30, 2023, Dimensional Emerging Markets Value Fund had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		650		06/16/23	$	31,333,986	$	31,986,500	$	652,514
S&P 500® E-mini Index		202		06/16/23		40,656,501		42,303,850		1,647,349
Total Futures Contracts					$	71,990,487	$	74,290,350	$	2,299,863

Summary of the Fund’s investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	372,155,630	$	1,284,355		—	$	373,439,985
Chile		1,306,491		62,358,489		—		63,664,980
China		181,240,690		2,837,721,491	$	10,451,440		3,029,413,621
Colombia		4,824,803		1,993		—		4,826,796
Czech Republic		—		10,614,101		—		10,614,101
Greece		—		40,337,244		—		40,337,244
Hong Kong		—		283,596		—		283,596
Hungary		—		23,151,907		—		23,151,907
India		81,997,169		1,588,494,827		1,036,136		1,671,528,132
Indonesia		—		204,080,954		320,324		204,401,278
Kuwait		4,096,483		700,766		—		4,797,249
Malaysia		—		188,422,067		—		188,422,067
Mexico		309,363,711		6,525,650		—		315,889,361
Philippines		—		106,949,489		693,256		107,642,745
Poland		—		88,451,130		—		88,451,130
Qatar		—		65,272,991		—		65,272,991
Saudi Arabia		819,279		397,877,455		—		398,696,734
South Africa		59,773,205		295,459,344		—		355,232,549
South Korea		181,399,004		1,093,922,200		2,209,784		1,277,530,988
Taiwan		18,176,951		1,727,404,688		95,802		1,745,677,441
Thailand		211,924,356		15,062,173		—		226,986,529
Turkey		—		92,990,903		—		92,990,903

220

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
United Arab Emirates		—	$	122,957,378		—	$	122,957,378
Preferred Stocks
Brazil	$	64,435,157		61,510		—		64,496,667
Colombia		2,534,331		—		—		2,534,331
India		—		104,532		—		104,532
Philippines		—		609,625		—		609,625
South Korea		15,142		41,750		—		56,892
Taiwan		—		1,169,180		—		1,169,180
Rights/Warrants
Thailand		—		4,950		—		4,950
Securities Lending Collateral		—		117,895,713		—		117,895,713
Futures Contracts**		2,299,863		—		—		2,299,863
TOTAL	$	1,496,362,265	$	9,090,212,451	$	14,806,742^	$	10,601,381,458

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

221

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	Dimensional Emerging Markets Value Fund
ASSETS:
Investment Securities at Value (including $282,189 of securities on loan)*	$	10,481,186
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $117,876)		117,896
Segregated Cash for Futures Contracts		3,221
Foreign Currencies at Value		91,740
Cash		43,410
Receivables:
Investment Securities Sold		9,977
Dividends, Interest and Tax Reclaims		29,175
Securities Lending Income		653
Futures Margin Variation		514
Unrealized Gain on Foreign Currency Contracts		3
Prepaid Expenses and Other Assets		24
Total Assets		10,777,799
LIABILITIES:
Payables:
Upon Return of Securities Loaned		117,906
Investment Securities Purchased		20,013
Due to Advisor		867
Unrealized Loss on Foreign Currency Contracts		1
Deferred Taxes Payable		57,399
Accrued Expenses and Other Liabilities		2,259
Total Liabilities		198,445
NET ASSETS	$	10,579,354
Investment Securities at Cost	$	9,284,216
Foreign Currencies at Cost	$	90,661

* See Note I in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

222

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023

(Unaudited)

(Amounts in thousands)

	Dimensional Emerging Markets Value Fund#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $16,143)	$	163,016
Income from Securities Lending		3,918
Total Investment Income		166,934
Expenses
Investment Management Fees		5,224
Accounting & Transfer Agent Fees		195
Custodian Fees		2,068
Shareholders’ Reports		11
Directors’/Trustees’ Fees & Expenses		43
Professional Fees		129
Other		275
Total Expenses		7,945
Fees Paid Indirectly (Note C)		465
Net Expenses		7,480
Net Investment Income (Loss)		159,454
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(21,974	)
Affiliated Investment Companies Shares Sold		11
Futures		4,200
Foreign Currency Transactions		(976	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,537,801
Affiliated Investment Companies Shares		103
Futures		4,433
Translation of Foreign Currency-Denominated Amounts		93
Net Realized and Unrealized Gain (Loss)		1,523,691
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,683,145

** Net of foreign capital gain taxes withheld of $8,563.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

223

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Dimensional Emerging Markets Value Fund
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	159,454		$	575,340
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(21,974	)		390,078
Affiliated Investment Companies Shares Sold		11			6
Futures		4,200			(15,965	)
Foreign Currency Transactions		(976	)		(11,657	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,537,801			(3,314,774	)
Affiliated Investment Companies Shares		103			(133	)
Futures		4,433			(2,584	)
Translation of Foreign Currency-Denominated Amounts		93			(62	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,683,145			(2,379,751	)
Transactions in Interest:
Contributions		110,905			611,182
Withdrawals		(974,835	)		(1,940,997	)
Net Increase (Decrease) from Transactions in Interest		(863,930	)		(1,329,815	)
Total Increase (Decrease) in Net Assets		819,215			(3,709,566	)
Net Assets
Beginning of Period		9,760,139			13,469,705
End of Period	$	10,579,354		$	9,760,139

* Net of foreign capital gain taxes withheld for the period ended April 30, 2023 of $8,563.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $11,622.

See accompanying Notes to Financial Statements.

224

DIMENSIONAL EMERGING MARKETS VALUE FUND

FINANCIAL HIGHLIGHTS

	Dimensional Emerging Markets Value Fund
	Six Months Ended Apr 30, 2023			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
	(Unaudited)
Total Return		17.69	%(B)		(19.27	%)		35.69	%		(9.41	%)		5.24	%		(9.06	%)
Net Assets, End of Period (thousands)	$	10,579,354		$	9,760,139		$	13,469,705		$	12,870,255		$	17,426,097		$	16,684,907
Ratio of Expenses to Average Net Assets		0.15	%(C)		0.15	%		0.14	%		0.14	%		0.13	%		0.14	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.15	%(C)		0.15	%		0.14	%		0.14	%		0.15	%		0.14	%
Ratio of Net Investment Income to Average Net Assets		3.05	%(C)		4.79	%		3.26	%		3.25	%		2.95	%		2.78	%
Portfolio Turnover Rate		4	%(B)		14	%		14	%		20	%		14	%		13	%

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

See accompanying Notes to Financial Statements.

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DIMENSIONAL EMERGING MARKETS VALUE FUND

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

Dimensional Emerging Markets Value Fund (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940 (the “1940 Act”). The Fund meets the definition as an investment company and follows the accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “Financial Services-Investment Companies.” The Fund consists of one series.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the 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 Fund uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• 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)

Securities held by the Fund, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note.

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 between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management 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”). These securities are generally categorized as Level 1 in the hierarchy.

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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Fund. 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 Dimensional Fund Advisors LP) occur before the net asset value of the Fund 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. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The Fund 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, 2:00 a.m.

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ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the Fund’s 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 calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, Dimensional Fund Advisors LP 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 uses 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. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Fund are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund’s investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings. The methodology or inputs 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 recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Fund enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. 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 Fund does not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, 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 of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Fund and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (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: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company 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, DFA Inflation-Protected Securities 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. As of April 30, 2023, 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 $276 (in thousands).

The Trustees may receive their distributions of proceeds by 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 (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The 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

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Trustees 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 (unless the Trustee files an amended Notice selecting a different distribution date).

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 and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. 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 Fund estimates the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an 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 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 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. Additionally, 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 is subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Fund.

For the six months ended April 30, 2023, the Fund’s investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

Dimensional Emerging Markets Value Fund 0.10%

Earned Income Credit:

Additionally, the Fund has entered into arrangements with its custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Fund’s custody expense. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of the Fund’s net assets. During the six months ended April 30, 2023, expenses reduced were the following (amount in thousands):

	Fees Paid Indirectly
Dimensional Emerging Markets Value Fund	$	465

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Fund; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2023, the total related amounts paid by the Fund to the CCO were $2 (in thousands) and are included in Other Expenses on the Statement of Operations.

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D. Deferred Compensation:

As of April 30, 2023, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

Dimensional Emerging Markets Value Fund $ 276

E. Purchases and Sales of Securities:

For the six months ended April 30, 2023, the Fund’s transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

	Purchases		Sales
Dimensional Emerging Markets Value Fund	$	365,729	$	1,124,836

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

For the six months ended April 30, 2023, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Summary Schedule of Portfolio Holdings, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

	Balance at October 31, 2022		Purchases at Cost		Proceeds from Sales		Net Realized Gain/ (Loss) on Sales		Change in Unrealized Appreciation/ Depreciation		Balance at April 30, 2023		Shares as of April 30, 2023		Dividend Income		Capital Gain Distributions
Dimensional Emerging Markets Value Fund
The DFA Short Term Investment Fund	$	204,252	$	437,954	$	524,424	$	11	$	103	$	117,896		10,192	$	3,352		—
Total	$	204,252	$	437,954	$	524,424	$	11	$	103	$	117,896		10,192	$	3,352		—

F. Federal Income Taxes:

No provision for federal income taxes is required since the Fund is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

As of April 30, 2023, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Dimensional Emerging Markets Value Fund	$	9,530,630	$	2,783,005	$	(1,586,015	)	$	1,196,990

The difference between GAAP-basis and tax basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in tax treatment of passive foreign investment company investments or other investments.

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ASC 740 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 Fund’s tax positions and has concluded that no additional provision for income tax is required in the Fund’s financial statements. The Fund is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund’s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G. Financial Instruments:

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

Derivative Financial Instruments:

Summarized below are the specific types of derivative instruments used by the Fund.

2. Futures Contracts: The Fund may purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices, to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Fund. Upon entering into a futures contract, the Fund deposits cash or pledges U.S. government securities to a broker in an amount 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 entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities or indices, 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. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2023 was as follows (amount in thousands):

	Futures*
Dimensional Emerging Markets Value Fund	$	75,144

* Average Notional Value of futures contracts.

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The following is a summary of the Fund’s derivative instrument holdings categorized by primary risk exposure as of April 30, 2023 (amounts in thousands):

	Asset Derivatives Value
	Total Value at April 30, 2023		Equity Contracts *, (1)
Dimensional Emerging Markets Value Fund	$	2,300	$	2,300

(1) Presented on Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

* 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 realized and change in unrealized gains and losses from the Fund’s derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2023 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total		Equity Contracts (1)
Dimensional Emerging Markets Value Fund	$	4,200	$	4,200

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total		Equity Contracts (2)
Dimensional Emerging Markets Value Fund	$	4,433	$	4,433

(1) Presented on Statement of Operations as Net Realized Gain (Loss) on: Futures.

(2) Presented on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

H. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 5, 2023, with its domestic custodian bank. A line of credit with similar terms was in effect through April 5, 2023. 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 $500 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 agreement for the line of credit expires on April 3, 2024.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 28, 2022. A line of credit with similar terms was in effect through December 28, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 upon 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 discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on December 27, 2023.

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For the six months ended April 30, 2023, borrowings by the following Fund under the lines 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		Outstanding Borrowings as of 04/30/2023
Dimensional Emerging Markets Value Fund		4.65	%	$	6,303		11	$	9	$	14,112		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023, that the Fund’s available line of credit was used.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Fund may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

For the six months ended April 30, 2023, activity by the Fund under the interfund lending program was as follows (amounts in thousands, except percentages and days):

	Borrower or Lender		Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding*		Interest Expense/ Income		Maximum Amount Borrowed/Loaned During the Period		Outstanding Borrowings as of 04/30/2023
Dimensional Emerging Markets Value Fund		Borrower		4.59	%	$	51,943		5	$	33	$	66,546		—

* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2023 that the Fund utilized the interfund lending program.

I. Affiliated Trades:

Cross trades for the six months ended April 30, 2023, if any, were executed by the Fund pursuant to procedures adopted by the Board of Trustees of the Fund to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Fund complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Fund.

For the six months ended April 30, 2023, cross trades by the Fund under Rule 17a-7 were as follows (amounts in thousands):

Portfolio	Purchases		Sales		Realized Gain (Loss)
Dimensional Emerging Markets Value Fund	$	4,056	$	1,590	$	(98	)

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J. Securities Lending:

As of April 30, 2023, the Fund had securities on loan to brokers/dealers, for which the Fund received cash collateral. The Fund also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

	Non-Cash Collateral Market Value
Dimensional Emerging Markets Value Fund	$	270,910

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 expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 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, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and 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. In the event of the bankruptcy of the borrower, the Fund could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, 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. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. 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 or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, 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 for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of April 30, 2023 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of April 30, 2023
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Dimensional Emerging Markets Value Fund Common Stocks	$	117,906		—		—		—	$	117,906

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K. Indemnitees; Contractual Obligations:

Under the Fund’s organizational documents, its Officers and Trustees 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 that 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.

L. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Fund’s financial statements.

M. Other:

The Fund is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Fund, individually or in aggregate, will not have a material adverse impact on the Fund’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

N. Subsequent Event Evaluations:

Management has evaluated the impact of all subsequent events on the Fund through the date on which the financial statements were issued 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 uses in voting proxies relating to securities held in the portfolio is available (1) without charge, upon request, by calling collect: (512) 306-7400; (2) from the Advisor’s website at www.dimensional.com; and (3) on the SEC’s website at http://www.sec.gov. 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 www.dimensional.com/who-we-are/investment-stewardship and reflects the twelvemonth period beginning July 1st and ending June 30th.

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STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

Each series/portfolio of DFA Investment Dimensions Group Inc., Dimensional Investment Group Inc., Dimensional Emerging Markets Value Fund, Dimensional ETF Trust and The DFA Investment Trust Company, except for The DFA Short Term Investment Fund (each, a “Fund”), has adopted and implemented a written liquidity risk management program (the “Program”) pursuant to Rule 22e-4 under the Investment Company Act of 1940 (the “Liquidity Rule”). The Program includes policies and procedures reasonably designed to assess and manage each Fund’s liquidity risk (which is defined as the “risk that a fund could not meet requests to redeem shares issued by the fund without significant dilution of remaining investors’ interests in the fund”) and to comply with the requirements of the Liquidity Rule, including with respect to: (i) assessment, management and periodic review of liquidity risk; (ii) classification of portfolio holdings; (iii) establishment of a highly liquid investment minimum (“HLIM”), as applicable; (iv) illiquid investments; and (v) redemptions in-kind.

Each Fund’s Board of Directors/Trustees (collectively, the “Board”) previously approved the designation of the Liquidity Risk Management Committee of Dimensional Fund Advisors LP, each Fund’s investment advisor, to serve as administrator of the Program (the “Program Administrator”). The Program Administrator oversees the monitoring of liquidity and liquidity risk for each Fund on an ongoing basis.

At a meeting of the Board held on March 23-24, 2023, the Program Administrator provided its annual written report (the “Report”) to the Board addressing the operation of the Program and assessing its adequacy and effectiveness of implementation and any material changes to the Program for the period from January 1, 2022 through December 31, 2022 (the “Reporting Period”).

The Program Administrator conducted an annual review of each Fund’s liquidity risk in accordance with the requirements of the Liquidity Rule, taking into account the following factors enumerated in the Liquidity Rule and identified in the Program, as applicable:

1) Each Fund’s investment strategy and liquidity of portfolio investments during both normal and reasonably foreseeable stressed conditions, including: (i) whether the Fund’s investment strategy is appropriate for an open-end fund; (ii) the extent to which the Fund’s strategy involves a relatively concentrated portfolio or large positions in particular issuers; (iii) the Fund’s use of borrowings for investment purposes; and (iv) the Fund’s use of derivatives;

2) Short-term and long-term cash flow projections during both normal and reasonably foreseeable stressed conditions;

3) Holdings of cash and cash equivalents, as well as borrowing arrangements and other funding sources; and

4) For the series of the Dimensional ETF Trust that operate as exchange-traded funds (“ETFs”), in addition to the factors above: (i) the relationship between the ETF’s portfolio liquidity and the way in which, and the prices and spreads at which, ETF shares trade, including, the efficiency of the arbitrage function and the level of active participation by market participants (including authorized participants); and (ii) the effect of the composition of baskets on the overall liquidity of the ETF’s portfolio.

Based on the information considered, which included a review of notable liquidity matters that arose during the Reporting Period, such as the impacts of sanctions regimes adopted by various government and regulatory bodies on Russian securities in response to the Russia-Ukraine conflict and extended market holidays, on the Funds’ portfolio liquidity, as applicable, the Report concluded that each of the Funds continues to have an investment strategy that is appropriate for an open-end fund, and that each of the Funds is reasonably likely to be able to meet redemption requests without significant dilution of remaining shareholders’ interests in the Fund. The Report further noted the flexibility of the Funds to draw on a line of credit and/or engage in interfund lending, as applicable.

In accordance with the Program, each Fund’s portfolio investments were classified into one of four liquidity categories as provided in the Liquidity Rule as applicable during the Reporting Period. Liquidity classification determinations take into account a variety of factors including market, trading and investment-specific considerations, as well as market depth in accordance with the requirements of the Liquidity Rule and as specified in the Program, and generally incorporate analysis from a third-party data vendor. The Report reviewed the adequacy of the vendor methodology and services provided to the Funds during the Reporting Period and noted that the liquidity model functioned as intended.

236

STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

CONTINUED

Pursuant to the Liquidity Rule, no Fund may acquire any illiquid investment if, after the acquisition, the Fund would have invested more than 15% of its assets in illiquid investments that are assets. The Report concluded that the Program includes provisions reasonably designed to comply with the 15% limit on illiquid investments and for determining, periodically reviewing and complying with the HLIM requirements, as applicable, and that such provisions were implemented effectively during the Reporting Period.

In addition, the Report also referenced the ability of each Fund to effect in-kind redemptions to manage liquidity as needed and actual in-kind transactions pursuant to the Funds’ applicable policies and procedures effected during the Reporting Period. The Report further noted that the ETFs settle redemptions in-kind with authorized participants in the primary market.

During the Reporting Period, each of the Funds that is subject to the HLIM provisions of the Program qualified as a fund that primarily holds assets that are highly liquid investments and, therefore, no Fund was required to establish or comply with an HLIM as set forth in the Program.

On the basis of the review, the Report concluded that: (i) the Program remains reasonably designed to manage each Fund’s liquidity risk; (ii) the Program was implemented and operated effectively to achieve the goal of assessing and managing each Fund’s liquidity risk during the Reporting Period; and (iii) each Fund was able to meet requests for redemption without significant dilution of remaining investors in the Fund during the Reporting Period.

237

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

At the Board meeting held on December 19-20, 2022 (the “Meeting”), the Boards of Directors of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc., and the Boards of Trustees of The DFA Investment Trust Company and Dimensional Emerging Markets Value Fund (together, the “Board”) considered the continuation of the investment management agreements for each portfolio/series (collectively, the “Funds”) and, if applicable, a Fund’s sub-advisory agreements. For certain Funds, Dimensional Fund Advisors Ltd. or DFA Australia Limited serves as a sub-advisor. (The investment management agreements and the sub-advisory agreements are referred to as the “Management 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 Management Agreements. At a Board meeting held on October 31, 2022, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the “Broadridge Reports”), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and 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 Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management 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 management 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 global 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 advisory services provided by the Advisor, including administrative services. 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 Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. 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 determined, among other things, that after considering each Fund’s investment strategies and the expectations of its shareholder base, 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 Broadridge Reports. The Board also considered the proposed reduction of the management fee for the DFA Global Real Estate Securities Portfolio. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management 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.

238

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

CONTINUED

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. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor’s unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor’s profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

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 management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful 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 Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

239

	DFA043023-001SI
	00286339

THE DFA SHORT TERM INVESTMENT FUND

SEMI-ANNUAL REPORT

SIX MONTHS ENDED APRIL 30, 2023

(UNAUDITED)

TABLE OF CONTENTS

SCHEDULE OF PORTFOLIO HOLDINGS	3
SCHEDULE OF INVESTMENTS	4
STATEMENT OF ASSETS AND LIABILITIES	7
STATEMENT OF OPERATIONS	8
STATEMENTS OF CHANGES IN NET ASSETS	9
FINANCIAL HIGHLIGHTS	10
NOTES TO FINANCIAL STATEMENTS	11
SUPPLEMENTAL INFORMATION	16
BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT	18

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Portfolio Holdings

April 30, 2023 (Unaudited)

The following table indicates the allocation of investments among the asset classes in the Fund as of April 30, 2023:

Security Allocation	Percent of Investments
Commercial Paper		42.6	%
Repurchase Agreements		23.9
U.S. Treasury Obligations		16.6
Yankee Certificates of Deposit		14.2
U.S. Government Agency Securities		2.7
Total Investments		100.0	%

See accompanying Notes to Financial Statements.

3

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments

April 30, 2023 (Unaudited)

Security Description	Rate	Maturity		Face Amount $		Fair Value $
COMMERCIAL PAPER - 42.6%
(r)++ANZ Banking Group, Ltd.	5.23% (SOFR + 42 bps)		05/05/23		50,000,000		50,003,046
(r)++ANZ Banking Group, Ltd.	5.42% (SOFR + 61 bps)		09/29/23		125,000,000		125,156,541
(r)++ANZ Banking Group, Ltd.	5.24% (SOFR + 43 bps)		12/22/23		100,000,000		100,006,830
(r)++ANZ Banking Group, Ltd.	5.06% (SOFR + 25 bps)		03/04/24		100,000,000		99,750,769
(y)++Archer-Daniels-Midland	9.63%		05/02/23		25,600,000		25,586,310
(y)++Archer-Daniels-Midland	6.77%		05/05/23		124,750,000		124,632,839
(y)++Archer-Daniels-Midland	5.82%		05/10/23		65,000,000		64,895,025
(y)++Archer-Daniels-Midland	5.48%		05/16/23		29,000,000		28,929,486
(r)++Bank of Nova Scotia	5.29% (SOFR + 48 bps)		01/31/24		45,000,000		44,988,725
(y)++BNG Bank NV	8.07%		05/03/23		50,000,000		49,966,382
(y)++BNG Bank NV	6.80%		05/05/23		175,000,000		174,834,965
(y)++BNG Bank NV	6.09%		05/08/23		150,000,000		149,797,376
(y)++BNG Bank NV	5.56%		05/15/23		42,300,000		42,202,242
(y)++BNG Bank NV	5.31%		05/31/23		40,000,000		39,817,840
(r)++Commonwealth Bank of Australia	5.47% (SOFR + 66 bps)		05/02/23		40,000,000		40,002,464
(r)++Commonwealth Bank of Australia	5.42% (SOFR + 61 bps)		09/25/23		150,000,000		150,173,611
(y)Cooperatieve Rabobank UA	5.50%		05/16/23		130,000,000		129,682,735
(y)Credit Agricole CIB NY	7.21%		05/04/23		150,000,000		149,879,975
(y)Credit Agricole CIB NY	5.48%		05/19/23		65,000,000		64,812,616
(y)Credit Agricole CIB NY	5.38%		05/31/23		70,000,000		69,677,306
(y)++DNB NORBANK ASA	7.11%		05/04/23		150,000,000		149,881,575
(y)++DNB NORBANK ASA	5.95%		05/08/23		130,000,000		129,828,256
(y)++DNB NORBANK ASA	5.65%		05/11/23		40,000,000		39,931,013
(y)++DNB NORBANK ASA	5.24%		05/30/23		115,000,000		114,499,725
(y)++DNB NORBANK ASA	5.24%		05/31/23		23,120,000		23,016,237
(y)European Investment Bank	5.01%		05/16/23		200,000,000		199,555,800
(y)++FMS Wertmanagement	5.69%		05/11/23		81,400,000		81,258,789
(y)++Hydro-Quebec	5.43%		05/17/23		100,000,000		99,744,239
(y)++John Deere Canada ULC	5.42%		05/18/23		35,000,000		34,905,325
(y)++John Deere Capital Corp.	6.06%		05/08/23		60,700,000		60,618,409
(y)++John Deere Capital Corp.	5.48%		05/16/23		75,000,000		74,817,637
(y)++John Deere Capital Corp.	5.45%		05/17/23		35,000,000		34,910,114
(y)++John Deere Capital Corp.	5.40%		05/19/23		50,000,000		49,857,900
(r)++National Australia Bank, Ltd.	5.29% (SOFR + 48 bps)		06/01/23		50,000,000		50,015,058
(r)++National Australia Bank, Ltd.	5.32% (SOFR + 51 bps)		07/07/23		100,000,000		100,057,550
(r)++National Australia Bank, Ltd.	5.22% (SOFR + 41 bps)		11/01/23		55,000,000		55,007,851
(r)++National Australia Bank, Ltd.	5.01% (SOFR + 20 bps)		11/21/23		85,000,000		84,908,912
(r)++National Australia Bank, Ltd.	5.29% (SOFR + 48 bps)		12/05/23		25,000,000		25,010,766
(r)++National Australia Bank, Ltd.	5.13% (SOFR + 32 bps)		03/14/24		150,000,000		149,780,292
(y)++Nestle Capital Corp.	5.83%		05/09/23		150,000,000		149,781,741
(y)++Nestle Finance International, Ltd.	5.73%		05/10/23		116,600,000		116,414,801
(r)++Nordea Bank Finland NY	5.24% (SOFR + 46 bps)		06/09/23		60,000,000		60,018,142
(y)++NRW.Bank	6.81%		05/05/23		435,000,000		434,588,925
(y)Oesterreich Kontrollbank	5.44%		05/19/23		56,200,000		56,039,001
(y)++Province of Quebec Canada	5.44%		05/17/23		125,000,000		124,679,639
(y)++Roche Holdings, Inc.	7.23%		05/04/23		30,000,000		29,975,930
(r)++Royal Bank of Canada NY	5.36% (SOFR + 55 bps)		05/26/23		35,000,000		35,009,130
(r)++Royal Bank of Canada NY	5.54% (SOFR + 73 bps)		08/08/23		100,000,000		100,128,098
(r)++Royal Bank of Canada NY	5.44% (SOFR + 63 bps)		09/29/23		125,000,000		125,152,274
(y)++Siemens Capital Co. LLC	6.75%		05/05/23		121,575,000		121,461,057
(y)++Siemens Capital Co. LLC	5.22%		06/02/23		125,000,000		124,404,879
(y)++Skandinaviska Enskilda Banken AB	5.84%		05/10/23		75,000,000		74,878,600
(y)++Societe Generale North America, Inc.	5.42%		05/22/23		25,000,000		24,917,467
(y)++Societe Generale North America, Inc.	5.36%		05/31/23		165,000,000		164,242,539
(r)++Svenska Handelsbank, Inc.	5.35% (SOFR + 55 bps)		06/08/23		55,000,000		55,019,387
(y)Swedbank	5.38%		05/22/23		25,000,000		24,918,083
(y)Swedbank	5.17%		06/06/23		265,000,000		263,599,607
(r)++Toronto Dominion Bank NY	5.52% (SOFR + 72 bps)		08/10/23		100,000,000		100,122,619
(r)++Toronto Dominion Bank NY	5.25% (SOFR + 45 bps)		10/02/23		25,000,000		25,009,532
(y)++Total Capital Canada, Ltd.	9.76%		05/02/23		50,000,000		49,972,905
(y)++Total Capital Canada, Ltd.	7.33%		05/04/23		125,000,000		124,898,209
(y)++Total Capital Canada, Ltd.	6.02%		05/09/23		24,200,000		24,163,605
(y)++Total Capital Canada, Ltd.	5.93%		05/10/23		100,000,000		99,835,633
(y)++United Overseas Bank, Ltd.	8.09%		05/03/23		150,000,000		149,898,937
(y)++United Overseas Bank, Ltd.	5.25%		06/12/23		185,000,000		183,846,063
(r)++Westpac Banking Corp.	5.21% (SOFR + 40 bps)		05/11/23		75,000,000		75,004,324

See accompanying Notes to Financial Statements.

4

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments (continued)

April 30, 2023 (Unaudited)

Security Description	Rate	Maturity		Face Amount $		Fair Value $
COMMERCIAL PAPER - 42.6% (continued)
(r)++Westpac Banking Corp.	5.23% (SOFR + 42 bps)		10/05/23		50,000,000		50,021,800
(r)++Westpac Banking Corp.	5.04% (SOFR + 23 bps)		02/15/24		100,000,000		99,836,839
TOTAL COMMERCIAL PAPER (Cost $6,351,872,292)					6,360,445,000		6,350,242,297
YANKEE CERTIFICATES OF DEPOSIT - 14.2%
(r)Bank of Montreal Chicago	5.09% (SOFR + 28 bps)		07/21/23		150,000,000		150,014,109
(r)Bank of Montreal Chicago	5.45% (SOFR + 64 bps)		10/04/23		100,000,000		100,131,597
(r)Bank of Montreal Chicago	5.55% (SOFR + 74 bps)		10/13/23		35,000,000		35,063,672
(r)Bank of Montreal Chicago	5.38% (SOFR + 57 bps)		01/17/24		175,000,000		175,115,757
(r)Bank of Nova Scotia	5.49% (SOFR + 68 bps)		05/22/23		85,000,000		85,031,544
(r)Bank of Nova Scotia	5.53% (SOFR + 72 bps)		05/26/23		25,000,000		25,011,224
(r)Bank of Nova Scotia	5.51% (SOFR + 70 bps)		08/10/23		100,000,000		100,120,950
(r)Bank of Nova Scotia	5.56% (SOFR + 75 bps)		11/29/23		100,000,000		100,160,880
(r)Bank of Nova Scotia	5.12% (SOFR + 31 bps)		03/01/24		50,000,000		49,896,154
(r)Bank of Nova Scotia	5.51% (SOFR + 70 bps)		03/28/24		50,000,000		50,054,749
(r)Canadian Imperial Bank of Commerce	5.36% (SOFR + 55 bps)		05/31/23		75,000,000		75,031,174
(r)Canadian Imperial Bank of Commerce	5.61% (SOFR + 80 bps)		10/20/23		50,000,000		50,114,088
(r)Canadian Imperial Bank of Commerce	5.04% (SOFR + 23 bps)		03/01/24		150,000,000		149,622,983
(r)Canadian Imperial Bank of Commerce	5.51% (SOFR + 70 bps)		04/01/24		150,000,000		150,185,235
(r)Royal Bank of Canada NY	5.51% (SOFR + 70 bps)		10/06/23		50,000,000		50,078,854
(r)Royal Bank of Canada NY	5.56% (SOFR + 75 bps)		10/19/23		60,000,000		60,116,320
(r)Svenska Handelsbank, Inc.	5.45% (SOFR + 65 bps)		07/14/23		100,000,000		100,094,871
(r)Svenska Handelsbank, Inc.	5.52% (SOFR + 72 bps)		12/05/23		100,000,000		100,189,551
(r)Svenska Handelsbank, Inc.	5.09% (SOFR + 29 bps)		02/15/24		25,000,000		24,955,376
(r)Svenska Handelsbank, Inc.	5.12% (SOFR + 32 bps)		03/15/24		150,000,000		149,686,931
(r)Toronto Dominion Bank NY	5.25% (SOFR + 45 bps)		03/15/24		100,000,000		99,887,152
(r)Toronto Dominion Bank NY	5.47% (SOFR + 67 bps)		03/25/24		100,000,000		100,074,840
(r)Westpac Banking Corp.	5.23% (SOFR + 42 bps)		01/18/24		128,500,000		128,437,537
TOTAL YANKEE CERTIFICATES OF DEPOSIT (Cost $2,108,381,965)					2,108,500,000		2,109,075,548
U.S. GOVERNMENT AGENCY SECURITIES - 2.7%
(y)Federal Home Loan Bank	4.63%		06/07/23		60,000,000		59,708,068
(y)Federal Home Loan Bank	4.67%		06/21/23		200,000,000		198,659,924
(y)Federal Home Loan Bank	4.79%		07/26/23		150,000,000		148,282,081
TOTAL U.S. GOVERNMENT AGENCY SECURITIES (Cost $406,561,883)					410,000,000		406,650,073
REPURCHASE AGREEMENTS - 23.9%
Barclays Bank PLC (Purchased on 4/30/23, proceeds at maturity $300,120,000, collateralized by U.S. Treasury, 1.38%, 10/31/28, market value of $306,000,062)	4.80%		05/01/23		300,000,000		300,000,000
BofA Securities, Inc. (Purchased on 4/30/23, proceeds at maturity $100,039,583, collateralized by U.S. Treasury, 0.38%, 1/15/27, market value of $102,000,099)	4.75%		05/01/23		100,000,000		100,000,000
Federal Reserve Bank NY (Purchased on 4/30/23, proceeds at maturity $1,450,580,000, collateralized by U.S. Treasury, 0.13% - 2.00%, 8/15/23 - 5/31/24, market value of $1,450,580,011)	4.80%		05/01/23		1,450,000,000		1,450,000,000
Goldman Sachs & Co. LLC (Purchased on 4/30/23, proceeds at maturity $450,178,125, collateralized by U.S. Government Agency Obligations, 2.00% - 6.50%, 4/20/27 - 12/15/57, market value of $459,000,000)	4.75%		05/01/23		450,000,000		450,000,000
J.P. Morgan Securities LLC (Purchased on 4/30/23, proceeds at maturity $350,139,125, collateralized by U.S. Government Agency Obligations, 1.50% - 6.50%, 1/20/31 - 9/20/62, market value of $357,000,001)	4.77%		05/01/23		350,000,000		350,000,000
Mizuho Securities USA LLC (Purchased on 4/30/23, proceeds at maturity $50,019,792, collateralized by U.S. Treasury, 3.50%, 2/15/33, market value of $51,000,017)	4.75%		05/01/23		50,000,000		50,000,000
RBC Dominion Securities Inc. (Purchased on 4/30/23, proceeds at maturity $500,199,167, collateralized by U.S. Treasury, 0.13% - 6.13%, 6/30/23 - 2/15/33, market value of $510,000,032)	4.78%		05/01/23		500,000,000		500,000,000
TD Securities (USA) LLC (Purchased on 4/30/23, proceeds at maturity $350,140,000, collateralized by U.S. Government Agency Obligations, 0.25% - 7.13%, 6/26/23 - 7/15/32, market value of $357,000,810)	4.80%		05/01/23		350,000,000		350,000,000
TOTAL REPURCHASE AGREEMENTS (Cost $3,550,000,000)					3,550,000,000		3,550,000,000
U.S. TREASURY OBLIGATIONS - 16.6%
(y)U.S. Treasury Bill	2.08%		05/02/23		150,000,000		149,982,687
(y)U.S. Treasury Bill	3.08%		05/04/23		100,000,000		99,965,771
(y)U.S. Treasury Bill	3.99%		05/23/23		100,000,000		99,745,640
(y)U.S. Treasury Bill	4.61%		06/06/23		200,000,000		199,056,000
(y)U.S. Treasury Bill	4.88%		09/07/23		400,000,000		393,070,788

See accompanying Notes to Financial Statements.

5

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments (concluded)

April 30, 2023 (Unaudited)

Security Description	Rate	Maturity		Face Amount $		Fair Value $
U.S. TREASURY OBLIGATIONS - 16.6% (continued)
(r)U.S. Treasury Note	5.17% (USBMMY3M + 4 bps)		10/31/23		200,000,000		199,998,534
(r)U.S. Treasury Note	5.12% (USBMMY3M - 2 bps)		01/31/24		200,000,000		200,032,546
(r)U.S. Treasury Note	5.06% (USBMMY3M - 8 bps)		04/30/24		275,000,000		274,794,589
(r)U.S. Treasury Note	5.17% (USBMMY3M + 4 bps)		07/31/24		350,000,000		350,031,832
(r)U.S. Treasury Note	5.27% (USBMMY3M + 14 bps)		10/31/24		400,000,000		400,457,312
(r)U.S. Treasury Note	5.33% (USBMMY3M + 20 bps)		01/31/25		100,000,000		100,194,462
TOTAL U.S. TREASURY OBLIGATIONS (Cost $2,466,758,784)					2,475,000,000		2,467,330,161
TOTAL INVESTMENTS (Cost $14,883,574,924) - 100.0%						$	14,883,298,079

SOFR—Secured Overnight Financing Rate

USBMMY3M—U.S. Treasury 3 Month Bill Money Market Yield

++ Rule 144A, Section 4(2), or other security which is restricted as to resale to institutional investors. The Fund’s Advisor has deemed this security to be liquid based upon procedures approved by the Board of Directors/Trustees. The aggregate value of these securities at April 30, 2023 was $5,392,077,174 which represented 36.2% of the total investments of the Fund.

(r) The adjustable/variable rate shown is effective as of April 30, 2023.

(y) The rate shown is the effective yield.

See accompanying Notes to Financial Statements.

6

THE DFA SHORT TERM INVESTMENT FUND

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2023 (Unaudited)

ASSETS:
Investments, at value	$	11,333,298,079
Repurchase agreements, at value		3,550,000,000
Total Investments		14,883,298,079
Cash		597,824,368
Interest receivable		37,168,390
Receivable for capital shares issued		29,660,156
Prepaid expenses		308,557
Total Assets		15,548,259,550
LIABILITIES:
Payable for investments purchased		150,093,620
Distributions payable		63,455,699
Accrued expenses and other payables:
Investment Management Fees		638,266
CCO Fees		22,904
Professional Fees		195,815
Transfer Agent Fees		32,942
Trustee Fees		440,932
Other Expenses		7,557
Total Liabilities		214,887,735
Net Assets	$	15,333,371,815
NET ASSETS CONSIST OF:
Capital	$	15,340,822,593
Total Distributable Earnings (Loss)		(7,450,778	)
NET ASSETS	$	15,333,371,815
Shares of Beneficial Interest (unlimited number of shares authorized, no par value)		1,325,802,967
Net Asset Value (offering and redemption price per share)	$	11.5653	(a)
Investments at cost	$	14,883,574,924

(a) Per share amounts may not recalculate due to rounding of net assets and shares outstanding.

See accompanying Notes to Financial Statements.

7

THE DFA SHORT TERM INVESTMENT FUND

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2023 (Unaudited)

INVESTMENT INCOME:
Interest	$	319,974,385
Total Investment Income		319,974,385
EXPENSES:
Investment Management Fees		3,497,570
Administration Fees		409,216
CCO Fees		22,793
Professional Fees		235,941
Transfer Agent Fees		90,617
Trustee Fees		34,979
Other Expenses		72,181
Total Expenses Before Fee Reductions		4,363,297
Fees Paid Indirectly		(329,706	)
Net Expenses		4,033,591
Net Investment Income		315,940,794
REALIZED/UNREALIZED GAINS (LOSSES) FROM INVESTMENTS
Net Realized Losses from Investment Transactions		(1,420,097	)
Net Change in Unrealized Appreciation on Investments		6,083,156
Net Realized and Unrealized Gains from Investments		4,663,059
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS	$	320,603,853

See accompanying Notes to Financial Statements.

8

THE DFA SHORT TERM INVESTMENT FUND

STATEMENTS OF CHANGES IN NET ASSETS

	Six Months Ended April 30, 2023			Year Ended October 31, 2022
	(Unaudited)
FROM INVESTMENT ACTIVITIES:
OPERATIONS:
Net Investment Income	$	315,940,794		$	153,440,372
Net Realized Losses from Investment Transactions		(1,420,097	)		(2,184,383	)
Net Change in Unrealized Appreciation (Depreciation) on Investments		6,083,156			(6,543,539	)
Change in net assets resulting from operations		320,603,853			144,712,450
DISTRIBUTIONS TO SHAREHOLDERS:
Total Distributions Paid		(315,940,794	)		(154,033,391	)
Change in Net Assets from Distributions to Shareholders		(315,940,794	)		(154,033,391	)
CAPITAL TRANSACTIONS:
Proceeds from Shares Issued		49,781,049,288			99,547,811,990
Dividends Reinvested		323,149			27,320
Cost of Shares Redeemed		(51,059,818,928	)		(94,934,520,328	)
Change in Net Assets from Capital Transactions		(1,278,446,491	)		4,613,318,982
Change in Net Assets		(1,273,783,432	)		4,603,998,041
NET ASSETS:
Beginning of Period		16,607,155,247			12,003,157,206
End of Period	$	15,333,371,815		$	16,607,155,247
SHARES TRANSACTIONS:
Shares Issued		4,304,128,932			8,606,378,346
Reinvested		13,456			2,423
Shares Redeemed		(4,414,772,350	)		(8,207,428,773	)
Change in Shares		(110,629,962	)		398,951,996

See accompanying Notes to Financial Statements.

9

THE DFA SHORT TERM INVESTMENT FUND

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	For The Period Ended April 30, 2023 (Unaudited)			For the Year Ended October 31, 2022			For the Year Ended October 31, 2021			For the Year Ended October 31, 2020			For the Year Ended October 31, 2019			For the Year Ended October 31, 2018
NET ASSET VALUE, BEGINNING OF PERIOD	$	11.5614		$	11.5695		$	11.5711		$	11.5707		$	11.5703		$	11.5715
INVESTMENT ACTIVITIES:
Net Investment Income		0.2594			0.1229			0.0074			0.0888			0.2746			0.2041
Net Realized and Unrealized Gain (Losses) on Investments		0.0039			(0.0077	)		(0.0017	)		0.0004			0.0004			(0.0012	)
Total from Investment Activities		0.2633			0.1152			0.0057			0.0892			0.2750			0.2029
DISTRIBUTIONS TO SHAREHOLDERS FROM:
Net Investment Income		(0.2594	)		(0.1233	)		(0.0073	)		(0.0888	)		(0.2746	)		(0.2041	)
Net Realized Gains		—			—			—			—			—	(a)		—	(a)
TOTAL DISTRIBUTIONS		(0.2594	)		(0.1233	)		(0.0073	)		(0.0888	)		(0.2746	)		(0.2041	)
Net Asset Value, End of Period	$	11.5653		$	11.5614		$	11.5695		$	11.5711		$	11.5707		$	11.5703
Total Return		2.32	%(b)		0.99	%		0.05	%		0.77	%		2.41	%		1.77	%
SUPPLEMENTAL DATA:
NET ASSETS, END OF PERIOD (000’s)	$	15,333,372		$	16,607,155		$	12,003,157		$	8,784,049		$	16,363,197		$	20,777,502
Ratios to Average Net Assets:
Net Investment Income(c)		4.52	%		1.10	%		0.06	%		0.88	%		2.38	%		1.74	%
Gross Expenses(c)		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%
Net Expenses(c)(d)		0.06	%		0.05	%		0.06	%		0.05	%		0.05	%		0.05	%

(a) Amount less than $0.005.

(b) Not annualized.

(c) Annualized for periods less than one year.

(d) Ratio as disclosed reflects the impact of custody fee credits earned by the fund on cash balances.

See accompanying Notes to Financial Statements.

10

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements

April 30, 2023 (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 “1940 Act”). The Trust consists of ten series, one of which, The DFA Short Term Investment Fund (the “Fund”), is included in this report. The remaining series are presented in separate reports. The Fund is an investment company and, accordingly, follows the accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “Financial Services – Investment Companies.”

The investment objective of the Fund is to seek to provide a high level of current income consistent with liquidity and the preservation of capital. As a money market fund, the Fund will pursue its investment objective by investing in U.S. dollar-denominated short-term debt securities that meet the strict standards established by the Board of Trustees of the Trust (the “Board”), which are in accordance with Rule 2a-7 under the 1940 Act.

The Board is responsible for establishing the Trust’s policies and for overseeing the management of the Trust. 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 that 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 prior experience, the Trust expects the risk of loss to be remote.

B. SIGNIFICANT ACCOUNTING POLICIES

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP 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 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	–	Inputs are 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).

The securities held by the Fund are valued at market value or fair value as described below. Debt securities are valued on the basis of evaluated 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 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board. These valuations are generally categorized as Level 2 or Level 3 in the hierarchy.

A summary of the inputs used to value the Fund’s investments is disclosed previously in this Note. A valuation hierarchy table has been provided below. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

When determining the fair value of the Fund’s investments, additional consideration is given to those assets or liabilities that have experienced a decrease in the volume or level of activity or have identified circumstances that indicate that a transaction is not orderly.

11

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (continued)

April 30, 2023 (Unaudited)

The following table provides the fair value measurements of the Fund’s investments by level within the fair value hierarchy as of April 30, 2023:

	LEVEL 1 INVESTMENTS IN SECURITIES		LEVEL 2 INVESTMENTS IN SECURITIES		LEVEL 3 INVESTMENTS IN SECURITIES
THE DFA SHORT TERM INVESTMENT FUND
Commercial Paper	$	—	$	6,350,242,297	$	—
Yankee Certificates of Deposit		—		2,109,075,548		—
U.S. Government Agency Securities		—		406,650,073		—
Repurchase Agreements		—		3,550,000,000		—
U.S. Treasury Obligations		—		2,467,330,161		—
Total Investments	$	—	$	14,883,298,079	$	—

2. DEFERRED COMPENSATION PLAN – Each eligible trustee (each a “Trustee” and collectively, the “Trustees”) of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (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. Large Company 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; DFA Inflation-Protected Securities 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 Trustee Fees.

Each Trustee has the option to receive the 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 (the “Notice”) 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; 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 (unless the Trustee files an amended Notice selecting a different distribution date).

At April 30, 2023, the Fund’s total liability of $440,220 for deferred compensation to Trustees is included in the “Trustee Fees” payable (a line item which also includes Trustee fees/expenses) on the Statement of Assets and Liabilities.

3. SECURITY TRANSACTIONS AND RELATED INCOME – 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. The Fund generally declares distributions from net investment income on a daily basis and pays dividends monthly. Any capital gains are distributed at least annually. The Fund does not expect to realize any long-term capital gains and losses. The Fund may distribute such income dividends and capital gains more frequently, if necessary, in order to reduce or eliminate federal excise or income taxes on the Fund. Interest income is recognized on an accrual basis and includes amortization or accretion of premia or discount using the straight-line method. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premia during the respective holding period.

4. ALLOCATIONS – The Trust bears all of its own fees, expenses, charges, assessments, taxes, and other costs incurred in its operation, whether incurred directly by the Trust or by Dimensional Fund Advisors LP, the Fund’s investment adviser (the “Advisor” or “DFA”), on its behalf. Expenses directly attributable to the Fund are charged to the Fund. Expenses not directly attributable to the Fund are allocated among the respective portfolios in the Trust on the basis of their relative net assets.

12

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (continued)

April 30, 2023 (Unaudited)

C. FEDERAL INCOME TAXES

The Fund is classified as a regulated investment company for tax purposes. As a regulated investment company, the Fund generally pays no U.S. federal income tax on the income and gains that the Fund distributes to shareholders.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulation, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary (e.g., wash sale losses) or permanent (e.g., reclassification of certain gain/loss and distributions) 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. There were no permanent differences as of October 31, 2022, attributable to distribution redesignations.

As of April 30, 2023, the tax cost of securities and the breakdown of unrealized appreciation and depreciation of securities for federal income tax purposes are as follows:

	Tax Cost of Securities		Unrealized Appreciation		Unrealized Depreciation			Net Unrealized Appreciation / (Depreciation)
The DFA Short Term Investment Fund	$	14,883,574,924	$	3,442,435	$	(3,719,280	)	$	(276,845	)

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.

For all open tax years and all major taxing jurisdictions, management of the Fund has concluded that there are no significant uncertain tax positions that would require recognition in the Fund’s financial statements. The Fund is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Fund’s federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

The tax character of distributions paid to shareholders during the years ended October 31, 2021 and October 31, 2022 were as follows:

	Distributions Paid From
	Net Investment Income		Long-Term Capital Gains		Total Distributions Paid
The DFA Short Term Investment Fund
2022	$	154,383,414	$	—	$	154,383,414
2021		7,211,693		—		7,211,693

As of October 31, 2022, the components of distributable earnings (accumulated losses) on a tax basis were as follows:

	Undistributed
	Ordinary Income		Long- Term Capital Gains		Accumulated Earnings		Distributable Payable			Accumulated Capital and Other Losses			Unrealized Appreciation (Depreciation)			Total Accumulated Earnings (Deficit)
The DFA Short Term Investment Fund	$	45,267,861	$	—	$	45,267,861	$	(45,429,125	)	$	(4,994,508	)	$	(6,360,001	)	$	(11,515,773	)

13

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (continued)

April 30, 2023 (Unaudited)

D. FINANCIAL INSTRUMENTS

REPURCHASE AGREEMENTS – The Fund may engage in repurchase agreement (“RA”) transactions with counterparties with creditworthiness and other characteristics deemed appropriate by the Advisor. The Fund, through its custodian, receives delivery of underlying securities collateralizing an RA. Collateral for certain tri-party RAs is held at the counterparty’s custodian in a segregated account for the benefit of the Fund and the counterparty. The counterparty will be required to maintain collateral with a value at least equal, at all times, to the value of the repurchase obligation including interest. RA transactions involve certain risks in the event of default or insolvency of the counterparty. These risks include possible delay or restrictions upon the Fund’s ability to dispose of the collateral and a possible decline in the value of the collateral during the period while the Fund seeks to assert its rights.

RAs permit the Fund, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the RA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Fund. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of the RA counterparty’s bankruptcy or insolvency. Pursuant to the terms of the RA, the Fund receives securities as collateral with a market value in excess of the repurchase price to be received by the Fund upon the maturity of the repurchase transaction. Upon a bankruptcy or insolvency of the RA counterparty, the Fund would recognize a liability with respect to such excess collateral to reflect the Fund’s obligation under bankruptcy law to return the excess to the counterparty.

E. RELATED PARTY TRANSACTIONS

INVESTMENT MANAGER – Dimensional Fund Advisors LP serves as investment advisor to the Fund. Pursuant to an investment management agreement with the Trust with respect to the Fund (the “Investment Management Agreement”), the Advisor manages the investment and reinvestment of the Fund’s assets. DFA has served as the Fund’s investment advisor since the Fund’s commencement of operations. Pursuant to the terms of the investment management agreement, the Advisor receives a management fee calculated daily and payable monthly from the Fund at an annual rate of 0.05% of the average daily net assets.

FEES PAID TO OFFICERS AND TRUSTEES – Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. Amounts paid to the Trust’s CCO are reflected on the Statement of Operations as “CCO Fees”.

At April 30, 2023, the following number of shareholders held the approximate percentage of the Fund’s outstanding shares:

	Number of Shareholders		Approximate Percentage of Outstanding Shares
The DFA Short Term Investment Fund		6		42	%

F. INTEREST RATE AND CREDIT RISKS

The Fund invests primarily in money market instruments maturing in 397 calendar days or less and which are considered Eligible Securities (as defined in Rule 2a-7 under the 1940 Act). The ability of the issuers of the securities held by the Fund to meet their obligations may be affected by economic developments in a specific industry, state or region. Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. When interest rates rise, fixed income security prices fall. When interest rates fall, fixed income security prices rise. When interest rates are very low, the Fund’s expenses could absorb all or a portion of the Fund’s income and yield. When interest rates fall, certain obligations will be paid off by the obligor more quickly than originally anticipated, and the Fund may have to invest the proceeds in securities with lower yields. Changes in monetary policy made by central banks and/or their governments may affect interest rates.

The Fund is subject to the risk that the Advisor’s security selection and expectations regarding interest rate trends will cause the yields of the Fund to lag the performance of other mutual funds with similar investment objectives or the performance of short-term debt instruments. The emphasis of the Fund on quality and liquidity also could cause the Fund to underperform when compared to other money market funds, particularly those that take greater maturity and credit risks.

14

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (continued)

April 30, 2023 (Unaudited)

G. LINE OF CREDIT AND INTERFUND LENDING PROGRAM

The Fund, together with other Dimensional-advised portfolios, has entered into a $700 million unsecured line of credit with its custodian bank effective December 28, 2022. A similar line of credit for $700 million was in effect through December 28, 2022. Each Fund is permitted to borrow, subject to its investment limitations, up to a maximum of the lower of one-quarter of such Fund’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 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 December 27, 2023. There were no borrowings by the Fund under this line of credit during the six-month period ended April 30, 2023.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Fund may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objective and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day’s notice.

For the period ended April 30, 2023, activity by the Fund under the interfund lending program was as follows (amounts in thousands, except percentages and days):

Lender	Weighted Average Loan Balance		Number of Days Outstanding*		Weighted Average Annualized Interest Rate			Interest Income (Expense)
The DFA Short Term Investment Fund	$	36,354		27		4.42	%	$	119

* Number of Days Outstanding represents the total of single or consecutive days during the period ended April 30, 2023, that the Fund’s interfund lending program was used.

H. RECENTLY ISSUED ACCOUNTING STANDARDS

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Fund’s financial statements.

I. SUBSEQUENT EVENTS

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

15

THE DFA SHORT TERM INVESTMENT FUND

Supplemental Information

April 30, 2023 (Unaudited)

EXPENSE EXAMPLES

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 example is based on an investment of $1,000 invested 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” reflects 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.

		Beginning Account Value 11/1/22		Ending Account Value 4/30/23		Expenses Paid During Period* 11/1/22 -4/30/23		Annualized Expense Ratio During Period 11/1/22 -4/30/23
The DFA Short Term	Actual	$	1,000.00	$	1,023.20	$	0.30		0.06	%
Investment Fund	Hypothetical		1,000.00		1,024.50		0.30		0.06

* Expenses are equal to the Fund’s annualized expense ratio 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.

16

THE DFA SHORT TERM INVESTMENT FUND

Supplemental Information – (concluded)

April 30, 2023 (Unaudited)

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 (1) without charge, upon request, by calling collect: (512) 306-7400 (2) from the Advisor’s website at http://us.dimensional.com; and (3) on the SEC’s website at http://www.sec.gov. 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://us.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

PORTFOLIO HOLDINGS INFORMATION

The SEC requires that all money market funds publish their holdings on a monthly basis on the fund’s website and file a complete Schedule of Investments with the SEC monthly on Form N-MFP. Such Form N-MFP filing must be made within five business days of the end of the month. They are available on the Fund’s website at http://us.dimensional.com/dfa-short-term-investment-fund, or by visiting the SEC’s website at http://www.sec.gov.

17

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT

At the Board meeting held on December 19-20, 2022 (the “Meeting”), the Board of Trustees of The DFA Investment Trust Company (the “Board”) considered the continuation of the investment management agreement (the “Management Agreement”) for the portfolio (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 Management Agreement. At a Board meeting held on October 31, 2022, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the “Broadridge Reports”), and issues related to the continuation of the Management Agreement. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and 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 Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management 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 management 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 global 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 advisory services provided by the Advisor, including administrative services. 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 Broadridge Reports, which compared the performance of the Fund with other funds in its respective peer group and investment category. 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 concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the Fund. The Board determined, among other things, that after considering the Fund’s investment strategies and the expectations of its shareholder base, the performance of the Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

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 Broadridge Reports. The Board concluded that the effective management fees and total expenses of the Fund over various periods were favorable in relation to those of its peer funds, and that the management 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 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. The Board considered the profitability to the Advisor of managing and servicing the Fund and the Advisor’s unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor’s profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

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 management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful 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 Management Agreement for the Fund was in the best interests of the Fund and its shareholders.

18

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 because it is not a listed issuer.

ITEM 6. INVESTMENTS.

(a) Please see the 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 series of the Registrant 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

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

THE U.S. LARGE CAP VALUE SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value†
COMMON STOCKS — (97.6%)
COMMUNICATION SERVICES — (8.8%)
	Activision Blizzard, Inc.		911,090	$	70,800,804
	AT&T, Inc.		18,009,033		318,219,613
*	Charter Communications, Inc., Class A		796		293,485
	Comcast Corp., Class A		13,738,104		568,345,363
	Electronic Arts, Inc.		117,159		14,911,998
#	Fox Corp., Class A		1,008,994		33,559,140
	Fox Corp., Class B		397,338		12,134,703
#	Interpublic Group of Cos., Inc.		974,877		34,832,355
# *	Liberty Broadband Corp., Class A		27,366		2,313,248
*	Liberty Broadband Corp., Class C		199,990		16,955,152
*	Liberty Media Corp.-Liberty Formula One, Class A		39,281		2,544,623
# *	Liberty Media Corp.-Liberty Formula One, Class C		78,309		5,653,127
*	Liberty Media Corp.-Liberty SiriusXM, Class A		156,619		4,400,994
*	Liberty Media Corp.-Liberty SiriusXM, Class C		357,358		9,984,583
#	Lumen Technologies, Inc.		2,784,246		6,598,663
# *	Madison Square Garden Entertainment Corp.		8,266		266,744
*	Meta Platforms, Inc., Class A		1,308,997		314,578,159
	News Corp., Class A		577,757		10,174,301
#	News Corp., Class B		64,856		1,151,194
#	Paramount Global, Class B		1,489,752		34,755,914
# *	Sphere Entertainment Co.		8,266		232,605
*	Take-Two Interactive Software, Inc.		24,929		3,098,425
*	T-Mobile U.S., Inc.		1,545,488		222,395,723
	Verizon Communications, Inc.		11,373,951		441,650,517
*	Walt Disney Co.		1,947,638		199,632,895
*	Warner Bros Discovery, Inc.		2,772,176		37,729,315
TOTAL COMMUNICATION SERVICES					2,367,213,643
CONSUMER DISCRETIONARY — (5.5%)
	Advance Auto Parts, Inc.		260,009		32,638,930
*	Aptiv PLC		261,117		26,858,495
#	Aramark		803,405		27,878,153
	Autoliv, Inc.		269,146		23,095,418
	BorgWarner, Inc.		1,102,997		53,087,246
*	CarMax, Inc.		385,771		27,015,543
#	Dick’s Sporting Goods, Inc.		20,800		3,016,208
#	DR Horton, Inc.		2,494,501		273,946,100
	eBay, Inc.		26,899		1,248,921
	Ford Motor Co.		7,869,237		93,486,535
	Garmin Ltd.		536,870		52,704,528
	General Motors Co.		4,532,565		149,755,948
	Gentex Corp.		994,834		27,447,470
	Genuine Parts Co.		925		155,687
#	Hasbro, Inc.		65,998		3,908,402
# *	Hyatt Hotels Corp., Class A		127,405		14,562,391
	Lear Corp.		317,608		40,545,837
	Lennar Corp., Class A		1,104,394		124,586,687
#	Lennar Corp., Class B		37,985		3,715,693
#	Lithia Motors, Inc.		2,694		595,078
	LKQ Corp.		1,699,192		98,094,354
	MGM Resorts International		1,566,881		70,384,294
*	Mohawk Industries, Inc.		279,953		29,647,023
#	Penske Automotive Group, Inc.		93,801		12,998,943

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
CONSUMER DISCRETIONARY — (Continued)
	PulteGroup, Inc.		1,956,203	$	131,359,031
# *	Qurate Retail, Inc., Class A		63,525		50,604
#	Ralph Lauren Corp.		233,423		26,794,626
# *	Royal Caribbean Cruises Ltd.		515,836		33,751,149
	Tapestry, Inc.		358,209		14,618,509
	Valvoline, Inc.		119,931		4,143,616
	VF Corp.		1,070		25,156
#	Whirlpool Corp.		476,476		66,511,285
TOTAL CONSUMER DISCRETIONARY					1,468,627,860
CONSUMER STAPLES — (4.9%)
	Archer-Daniels-Midland Co.		1,129,118		88,161,533
*	BellRing Brands, Inc.		100,936		3,632,687
	Bunge Ltd.		584,509		54,710,042
#	Campbell Soup Co.		75,598		4,104,971
	Casey’s General Stores, Inc.		700		160,174
	Conagra Brands, Inc.		711,380		27,003,985
	Constellation Brands, Inc., Class A		292,549		67,131,219
*	Darling Ingredients, Inc.		500,847		29,835,456
*	Dollar Tree, Inc.		715,024		109,906,339
	General Mills, Inc.		2,002,753		177,503,998
#	Hormel Foods Corp.		256,007		10,352,923
	Ingredion, Inc.		6,180		656,131
#	J M Smucker Co.		640,719		98,933,421
	Keurig Dr Pepper, Inc.		148,220		4,846,794
	Kroger Co.		3,346,505		162,740,538
	McCormick & Co., Inc.		34,185		3,003,152
#	Molson Coors Beverage Co., Class B		450,930		26,821,316
	Mondelez International, Inc., Class A		2,277,202		174,706,938
*	Performance Food Group Co.		34,200		2,143,998
*	Pilgrim’s Pride Corp.		6,211		141,673
	Seaboard Corp.		13		51,234
	Tyson Foods, Inc., Class A		1,698,335		106,128,954
# *	U.S. Foods Holding Corp.		808,080		31,030,272
#	Walgreens Boots Alliance, Inc.		971,954		34,261,379
	Walmart, Inc.		587,216		88,652,000
TOTAL CONSUMER STAPLES					1,306,621,127
ENERGY — (14.9%)
# *	Antero Resources Corp.		543,816		12,502,330
	Baker Hughes Co.		601,869		17,598,649
#	Chesapeake Energy Corp.		198,413		16,404,787
	Chevron Corp.		5,028,204		847,654,630
	ConocoPhillips		4,333,458		445,869,494
#	Coterra Energy, Inc.		1,165,041		29,825,050
	Devon Energy Corp.		761,239		40,673,000
	Diamondback Energy, Inc.		377,958		53,745,628
#	EOG Resources, Inc.		1,168,138		139,557,447
#	EQT Corp.		356,304		12,413,631
	Exxon Mobil Corp.		11,391,683		1,348,091,766
	Halliburton Co.		1,268,080		41,529,620
	Hess Corp.		553,097		80,232,251
	HF Sinclair Corp.		253,216		11,169,358
	Kinder Morgan, Inc.		4,553,551		78,093,400
	Marathon Oil Corp.		1,253,145		30,275,983
	Marathon Petroleum Corp.		1,358,505		165,737,610
	Occidental Petroleum Corp.		1,487,423		91,521,137
	ONEOK, Inc.		494,379		32,337,330

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
ENERGY — (Continued)
#	Ovintiv, Inc.		176,133	$	6,354,879
	Phillips 66		746,270		73,880,730
	Pioneer Natural Resources Co.		481,859		104,828,425
	Schlumberger NV		1,873,139		92,439,410
	Targa Resources Corp.		239,951		18,123,499
	Valero Energy Corp.		900,872		103,302,992
	Vitesse Energy, Inc.		35,597		654,985
	Williams Cos., Inc.		3,720,143		112,571,527
TOTAL ENERGY					4,007,389,548
FINANCIALS — (19.4%)
	Aflac, Inc.		1,547,828		108,115,786
	Allstate Corp.		676,331		78,292,077
#	Ally Financial, Inc.		2,648,489		69,867,140
	American Financial Group, Inc.		262,762		32,248,780
	American International Group, Inc.		1,904,953		101,038,707
	Apollo Global Management, Inc.		140,437		8,902,301
*	Arch Capital Group Ltd.		521,287		39,133,015
	Assurant, Inc.		220,625		27,165,556
	Axis Capital Holdings Ltd.		3,443		194,667
	Bank of America Corp.		10,884,314		318,692,714
	Bank of New York Mellon Corp.		2,360,323		100,526,157
*	Berkshire Hathaway, Inc., Class B		1,859,637		610,983,736
	BOK Financial Corp.		6,114		512,781
	Capital One Financial Corp.		1,612,985		156,943,440
#	Carlyle Group, Inc.		800		24,264
	Charles Schwab Corp.		3,700		193,288
	Chubb Ltd.		586,765		118,268,353
	Cincinnati Financial Corp.		11,885		1,265,039
	Citigroup, Inc.		3,065,767		144,305,653
	Citizens Financial Group, Inc.		922,786		28,550,999
	CNA Financial Corp.		187,747		7,305,236
	Comerica, Inc.		154,602		6,705,089
	Discover Financial Services		319,480		33,056,596
	East West Bancorp, Inc.		107,578		5,560,707
	Equitable Holdings, Inc.		10,374		269,620
	Everest Re Group Ltd.		88,971		33,631,038
#	F&G Annuities & Life, Inc.		8,261		151,424
#	Fidelity National Financial, Inc.		121,493		4,311,787
	Fidelity National Information Services, Inc.		665,494		39,077,808
	Fifth Third Bancorp		3,458,014		90,599,967
#	First Citizens BancShares, Inc., Class A		7,375		7,427,952
	First Horizon Corp.		75,600		1,326,780
*	Fiserv, Inc.		549,232		67,072,212
#	Franklin Resources, Inc.		271,081		7,286,657
	Global Payments, Inc.		247,994		27,951,404
	Globe Life, Inc.		11,967		1,298,659
	Goldman Sachs Group, Inc.		899,750		309,010,140
	Hartford Financial Services Group, Inc.		2,136,542		151,673,117
	Huntington Bancshares, Inc.		3,221,658		36,082,570
	Jefferies Financial Group, Inc.		302,462		9,687,858
	JPMorgan Chase & Co.		6,443,887		890,802,939
	KeyCorp.		3,701,040		41,673,710
	Lincoln National Corp.		33,297		723,544
	Loews Corp.		747,981		43,061,266
	M&T Bank Corp.		213,565		26,866,477
*	Markel Corp.		3,473		4,752,905
	MetLife, Inc.		452,065		27,725,146
	Morgan Stanley		3,204,841		288,339,545

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
FINANCIALS — (Continued)
	Northern Trust Corp.		208,906	$	16,328,093
	Old Republic International Corp.		745,739		18,844,825
*	PayPal Holdings, Inc.		85,031		6,462,356
	PNC Financial Services Group, Inc.		578,982		75,412,405
	Principal Financial Group, Inc.		1,433,986		107,104,414
	Prosperity Bancshares, Inc.		10,200		638,724
	Prudential Financial, Inc.		517,661		45,036,507
	Raymond James Financial, Inc.		2,229		201,791
	Regions Financial Corp.		5,559,337		101,513,494
	Reinsurance Group of America, Inc.		12,100		1,722,072
	RenaissanceRe Holdings Ltd.		3,923		845,053
	State Street Corp.		628,070		45,384,338
#	Synchrony Financial		1,227,307		36,217,830
	Synovus Financial Corp.		13,039		401,601
	Travelers Cos., Inc.		964,321		174,677,106
	Truist Financial Corp.		2,880,479		93,846,006
	U.S. Bancorp		2,488,333		85,300,055
	Unum Group		30,296		1,278,491
	W R Berkley Corp.		13,213		778,510
	Webster Financial Corp.		51,100		1,906,030
	Wells Fargo & Co.		6,446,522		256,249,249
#	Zions Bancorp NA		627,343		17,477,776
TOTAL FINANCIALS					5,196,283,332
HEALTH CARE — (15.1%)
	AbbVie, Inc.		6,116		924,250
*	Avantor, Inc.		100,183		1,951,565
	Baxter International, Inc.		656,014		31,278,748
	Becton Dickinson & Co.		287,150		75,896,617
*	Biogen, Inc.		534,163		162,508,409
*	Bio-Rad Laboratories, Inc., Class A		28,517		12,855,178
*	Boston Scientific Corp.		48,481		2,526,830
	Bristol-Myers Squibb Co.		2,696,576		180,050,380
*	Centene Corp.		751,586		51,806,823
*	Charles River Laboratories International, Inc.		2,300		437,276
	Cigna Group		998,289		252,856,621
	Cooper Cos., Inc.		16,950		6,465,578
	CVS Health Corp.		3,233,170		237,023,693
	Danaher Corp.		998,501		236,554,872
*	DaVita, Inc.		1,999		180,630
	Elevance Health, Inc.		680,876		319,092,537
#	Embecta Corp.		43,883		1,217,753
*	Envista Holdings Corp.		11,130		428,394
*	GE HealthCare Technologies, Inc.		398,647		32,425,947
	Gilead Sciences, Inc.		2,211,205		181,783,163
*	Henry Schein, Inc.		213,108		17,221,257
*	Hologic, Inc.		406,815		34,990,158
	Humana, Inc.		413,521		219,368,755
*	Incyte Corp.		57,883		4,307,074
*	Jazz Pharmaceuticals PLC		214,587		30,143,036
	Laboratory Corp. of America Holdings		661,405		149,947,128
	McKesson Corp.		122,974		44,792,050
	Medtronic PLC		2,002,037		182,085,265
	Merck & Co., Inc.		21,535		2,486,646
*	Moderna, Inc.		608,638		80,881,904
	PerkinElmer, Inc.		120,811		15,764,627
	Pfizer, Inc.		17,021,900		661,981,691
	Quest Diagnostics, Inc.		907,567		125,979,375
*	Regeneron Pharmaceuticals, Inc.		158,209		126,850,394

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
HEALTH CARE — (Continued)
	STERIS PLC		208,557	$	39,323,422
*	Syneos Health, Inc.		13,905		545,910
	Thermo Fisher Scientific, Inc.		629,158		349,119,774
*	United Therapeutics Corp.		91,266		21,003,045
	Universal Health Services, Inc., Class B		450,326		67,706,514
*	Vertex Pharmaceuticals, Inc.		39,673		13,517,781
	Viatris, Inc.		2,860,265		26,686,272
	Zimmer Biomet Holdings, Inc.		365,895		50,654,504
TOTAL HEALTH CARE					4,053,621,846
INDUSTRIALS — (12.3%)
	3M Co.		502,190		53,342,622
	AECOM		513,326		42,631,724
	AGCO Corp.		253,428		31,409,866
	AMETEK, Inc.		213,388		29,432,607
	Arcosa, Inc.		75,166		5,076,712
*	Builders FirstSource, Inc.		589,989		55,913,258
*	CACI International, Inc., Class A		2,200		689,304
	Carlisle Cos., Inc.		315,528		68,106,719
	Carrier Global Corp.		1,308,430		54,718,543
	Concentrix Corp.		93,788		9,051,480
	CSX Corp.		859,128		26,323,682
	Cummins, Inc.		542,409		127,487,811
	Deere & Co.		1,688		638,098
*	Delta Air Lines, Inc.		1,226,520		42,081,901
	Dover Corp.		308,405		45,076,475
	Eaton Corp. PLC		810,732		135,489,532
	FedEx Corp.		569,614		129,746,677
	Fortive Corp.		269,682		17,014,237
	Fortune Brands Innovations, Inc.		519,705		33,619,716
	General Dynamics Corp.		428,065		93,463,712
	General Electric Co.		1,195,941		118,362,281
# *	GXO Logistics, Inc.		639,408		33,971,747
	Howmet Aerospace, Inc.		1,131,799		50,127,378
#	Hubbell, Inc.		24,259		6,533,434
	Huntington Ingalls Industries, Inc.		41,674		8,403,979
	Ingersoll Rand, Inc.		795,802		45,376,630
	Jacobs Solutions, Inc.		284,566		32,855,990
	Johnson Controls International PLC		1,470,454		87,991,967
	L3Harris Technologies, Inc.		250,035		48,794,330
	Leidos Holdings, Inc.		695,305		64,844,144
	ManpowerGroup, Inc.		2,452		185,641
# *	Masterbrand, Inc.		519,705		4,194,019
	MDU Resources Group, Inc.		20,335		594,189
*	Middleby Corp.		49,207		6,932,282
	Norfolk Southern Corp.		780,147		158,393,245
	Northrop Grumman Corp.		84,061		38,774,817
	nVent Electric PLC		13,164		551,967
	Oshkosh Corp.		2,394		183,189
	Otis Worldwide Corp.		1,224,040		104,410,612
	Owens Corning		520,448		55,589,051
	PACCAR, Inc.		2,159,359		161,282,524
	Parker-Hannifin Corp.		389,870		126,660,966
#	Pentair PLC		1,017,055		59,070,554
#	Quanta Services, Inc.		679,004		115,186,239
	Raytheon Technologies Corp.		1,693,410		169,171,659
	Regal Rexnord Corp.		41,600		5,414,656
	Republic Services, Inc.		1,829,777		264,622,350
	Sensata Technologies Holding PLC		669,936		29,108,719

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

			Shares		Value†
INDUSTRIALS — (Continued)
		Snap-on, Inc.		313,561	$	81,340,859
		Southwest Airlines Co.		1,505,376		45,597,839
		SS&C Technologies Holdings, Inc.		383,700		22,461,798
#		Stanley Black & Decker, Inc.		380,899		32,886,820
		Textron, Inc.		1,231,042		82,405,951
		Trane Technologies PLC		240,374		44,663,893
		TransUnion		86,859		5,976,768
#		U-Haul Holding Co.		84,288		5,146,625
		U-Haul Holding Co.		758,592		41,039,827
*		United Airlines Holdings, Inc.		269,204		11,791,135
		United Rentals, Inc.		245,310		88,583,894
		WESCO International, Inc.		20,400		2,937,600
		Westinghouse Air Brake Technologies Corp.		313,561		30,625,503
TOTAL INDUSTRIALS						3,294,361,747
INFORMATION TECHNOLOGY — (7.6%)
*		Advanced Micro Devices, Inc.		696,680		62,262,292
*		Akamai Technologies, Inc.		121,542		9,962,798
		Amdocs Ltd.		718,388		65,552,905
		Analog Devices, Inc.		889,874		160,070,535
*		Arrow Electronics, Inc.		388,892		44,500,912
		Avnet, Inc.		5,178		213,644
# *		Cerence, Inc.		658		16,812
*		Ciena Corp.		76,253		3,510,688
		Cognizant Technology Solutions Corp., Class A		2,015,910		120,369,986
		Corning, Inc.		3,991,170		132,586,667
		Dolby Laboratories, Inc., Class A		16,857		1,410,762
*		DXC Technology Co.		19,272		459,637
# *		First Solar, Inc.		93,364		17,046,399
# *		Flex Ltd.		1,338,622		27,535,454
		Hewlett Packard Enterprise Co.		6,265,120		89,716,518
		HP, Inc.		9,328,511		277,150,062
		Intel Corp.		9,477,931		294,384,537
		International Business Machines Corp.		41,547		5,251,956
		Jabil, Inc.		224,226		17,523,262
		Juniper Networks, Inc.		922,810		27,822,721
*		Kyndryl Holdings, Inc.		59,502		860,399
		Marvell Technology, Inc.		1,003,660		39,624,497
		Microchip Technology, Inc.		2,564		187,146
		Micron Technology, Inc.		3,670,413		236,227,781
#		MKS Instruments, Inc.		1,502		125,973
*		ON Semiconductor Corp.		459,208		33,044,608
*		Qorvo, Inc.		511,928		47,138,330
		Roper Technologies, Inc.		14,446		6,569,752
*	��	Salesforce, Inc.		633,045		125,577,137
		Skyworks Solutions, Inc.		316,504		33,517,774
		TD SYNNEX Corp.		93,788		8,350,883
		TE Connectivity Ltd.		935,515		114,478,971
*		Teledyne Technologies, Inc.		32,192		13,340,365
*		Western Digital Corp.		887,149		30,553,412
TOTAL INFORMATION TECHNOLOGY						2,046,945,575
MATERIALS — (8.4%)
		Air Products & Chemicals, Inc.		334,631		98,501,981
		Albemarle Corp.		489,084		90,705,519
#		Amcor PLC		1,257,874		13,798,878
*		Arconic Corp.		21,469		531,358
		Ball Corp.		644		34,248

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
MATERIALS — (Continued)
#	Celanese Corp.		56,996	$	6,055,255
	CF Industries Holdings, Inc.		607,999		43,520,568
# *	Cleveland-Cliffs, Inc.		409,416		6,296,818
	Corteva, Inc.		1,023,214		62,538,840
	Dow, Inc.		3,063,878		166,674,963
	DuPont de Nemours, Inc.		544,663		37,973,904
	Eastman Chemical Co.		811,350		68,372,465
	FMC Corp.		25,480		3,148,818
	Freeport-McMoRan, Inc.		4,809,107		182,313,246
	Huntsman Corp.		8,221		220,241
	International Flavors & Fragrances, Inc.		367,438		35,626,788
#	International Paper Co.		2,073,880		68,666,167
	Linde PLC		775,637		286,559,090
	LyondellBasell Industries NV, Class A		1,246,227		117,905,536
	Martin Marietta Materials, Inc.		193,622		70,323,510
#	Mosaic Co.		838,015		35,908,943
	Newmont Corp.		2,749,766		130,338,908
	Nucor Corp.		1,985,067		294,147,228
#	Packaging Corp. of America		118,167		15,983,268
	PPG Industries, Inc.		2,452		343,918
	Reliance Steel & Aluminum Co.		434,112		107,572,954
#	Royal Gold, Inc.		6,364		842,848
#	Sonoco Products Co.		14,629		886,810
	Steel Dynamics, Inc.		1,686,863		175,349,409
#	Sylvamo Corp.		110,624		5,068,792
	Vulcan Materials Co.		428,297		75,003,371
#	Westlake Corp.		370,962		42,208,056
	WestRock Co.		591,672		17,708,743
TOTAL MATERIALS					2,261,131,441
REAL ESTATE — (0.4%)
*	CBRE Group, Inc., Class A		995,226		76,294,025
*	Jones Lang LaSalle, Inc.		216,188		30,058,780
TOTAL REAL ESTATE					106,352,805
UTILITIES — (0.3%)
	NRG Energy, Inc.		1,165,655		39,830,431
#	Vistra Corp.		1,168,045		27,869,554
TOTAL UTILITIES					67,699,985
TOTAL COMMON STOCKS					26,176,248,909
RIGHTS/WARRANTS — (0.0%)
CONSUMER DISCRETIONARY — (0.0%)
*	Bauer AG Rights 03/09/23		2		0
TOTAL INVESTMENT SECURITIES
(Cost $15,983,542,928)					26,176,248,909
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund 4.760%		216,153,325		216,153,325
SECURITIES LENDING COLLATERAL — (1.6%)
@ §	The DFA Short Term Investment Fund		37,590,859		434,813,470
TOTAL INVESTMENTS — (100.0%)
(Cost $16,634,453,077)				$	26,827,215,704

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

As of April 30, 2023, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		970		06/16/23	$	193,535,300	$	203,142,250	$	9,606,950
Total Futures Contracts					$	193,535,300	$	203,142,250	$	9,606,950

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	2,367,213,643		—		—	$	2,367,213,643
Consumer Discretionary		1,468,627,860		—		—		1,468,627,860
Consumer Staples		1,306,621,127		—		—		1,306,621,127
Energy		4,007,389,548		—		—		4,007,389,548
Financials		5,196,283,332		—		—		5,196,283,332
Health Care		4,053,621,846		—		—		4,053,621,846
Industrials		3,294,361,747		—		—		3,294,361,747
Information Technology		2,046,945,575		—		—		2,046,945,575
Materials		2,261,131,441		—		—		2,261,131,441
Real Estate		106,352,805		—		—		106,352,805
Utilities		67,699,985		—		—		67,699,985
Temporary Cash Investments		216,153,325		—		—		216,153,325
Securities Lending Collateral		—	$	434,813,470		—		434,813,470
Futures Contracts**		9,606,950		—		—		9,606,950
TOTAL.	$	26,402,009,184	$	434,813,470		—	$	26,836,822,654

** Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

THE DFA INTERNATIONAL VALUE SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (94.4%)
AUSTRALIA — (6.4%)
*	Allkem Ltd.		18,002	$	147,841
	AMP Ltd.		2,083,483		1,575,232
	Ampol Ltd.		178,065		3,552,881
	Ansell Ltd.		68,828		1,224,801
	Aurizon Holdings Ltd.		8,111,517		18,442,729
#	Australia & New Zealand Banking Group Ltd.		7,347,638		119,312,644
	Bank of Queensland Ltd.		1,687,416		6,516,172
	Beach Energy Ltd.		7,293,526		7,178,935
#	Bendigo & Adelaide Bank Ltd.		1,066,408		6,139,571
	BlueScope Steel Ltd.		3,217,376		42,764,432
	Brickworks Ltd.		17,393		289,387
	Challenger Ltd.		782,323		3,148,088
	Cleanaway Waste Management Ltd.		6,684,980		10,765,874
	Evolution Mining Ltd.		4,135,415		9,751,222
	Fortescue Metals Group Ltd.		121,803		1,704,221
	Harvey Norman Holdings Ltd.		2,695,782		6,474,209
	Incitec Pivot Ltd.		7,095,295		15,117,346
	Lendlease Corp. Ltd.		1,303,875		6,475,546
	National Australia Bank Ltd.		5,228,713		100,658,739
#	New Hope Corp. Ltd.		931,313		3,292,113
	Newcrest Mining Ltd.		1,789,020		34,161,078
	Nine Entertainment Co. Holdings Ltd.		1,462,623		2,017,558
	Northern Star Resources Ltd.		1,646,740		14,688,600
	Orica Ltd.		754,187		8,140,554
	Origin Energy Ltd.		3,364,446		18,654,221
	Premier Investments Ltd.		19,252		335,049
	QBE Insurance Group Ltd.		976,946		9,990,047
	Qube Holdings Ltd.		1,234,493		2,525,520
	Rio Tinto Ltd.		500,543		37,543,034
	Santos Ltd.		9,204,868		43,604,319
	Seven Group Holdings Ltd.		186,936		2,952,756
	Sonic Healthcare Ltd.		116,979		2,757,539
	South32 Ltd.		13,800,736		39,011,236
	Suncorp Group Ltd.		3,892,309		32,407,474
	TPG Telecom Ltd.		450,905		1,609,510
W	Viva Energy Group Ltd.		3,870,394		8,000,098
	Westpac Banking Corp.		5,452,138		81,614,010
	Whitehaven Coal Ltd.		5,022,173		24,100,279
#	Woodside Energy Group Ltd.		3,559,994		80,777,414
	Worley Ltd.		905,249		9,095,458
#	Yancoal Australia Ltd.		41,805		154,547
TOTAL AUSTRALIA					818,672,284
AUSTRIA — (0.1%)
	Erste Group Bank AG		239,423		8,705,230
*	Raiffeisen Bank International AG		24,847		381,692
TOTAL AUSTRIA					9,086,922
BELGIUM — (0.7%)
	Ageas SA		382,351		17,035,863
	KBC Group NV		557,629		39,864,003
	Solvay SA		209,383		25,129,860
	UCB SA		16,660		1,548,674
TOTAL BELGIUM					83,578,400

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
CANADA — (8.9%)
#	Agnico Eagle Mines Ltd.		607,528	$	34,465,063
	AltaGas Ltd.		424,078		7,418,274
	ARC Resources Ltd.		1,063,955		13,216,491
	Bank of Montreal		1,333,153		120,236,984
#	Bank of Nova Scotia		2,702,659		134,893,814
	Barrick Gold Corp.		2,342,305		44,596,358
	Brookfield Corp., Class A		106,848		3,468,286
	Canadian Imperial Bank of Commerce		1,943,976		81,511,390
#	Cenovus Energy, Inc.		1,041,529		17,496,242
#	Endeavour Mining PLC		791,919		20,387,596
#	Fairfax Financial Holdings Ltd.		96,097		67,154,770
	First Quantum Minerals Ltd.		1,712,520		41,610,622
	Great-West Lifeco, Inc.		464,849		13,216,211
	iA Financial Corp., Inc.		327,481		21,973,870
	IGM Financial, Inc.		17,720		543,822
	Imperial Oil Ltd.		368,198		18,752,324
#	Kinross Gold Corp.		4,622,914		23,304,796
	Lundin Mining Corp.		2,996,201		22,888,645
#	Magna International, Inc.		869,781		45,367,777
#	Manulife Financial Corp.		2,483,731		49,050,357
*	MEG Energy Corp.		546,773		9,104,476
#	Nutrien Ltd.		1,029,988		71,481,153
	Onex Corp.		183,522		8,451,074
	Sun Life Financial, Inc.		131,778		6,467,664
	Suncor Energy, Inc.		2,854,222		89,385,620
#	Teck Resources Ltd.,Class B		2,053,944		95,713,730
	Tourmaline Oil Corp.		564,266		25,351,051
	West Fraser Timber Co. Ltd.		247,686		17,915,928
#	Whitecap Resources, Inc.		2,596,702		20,469,260
TOTAL CANADA					1,125,893,648
CHINA — (0.0%)
W	BOC Aviation Ltd.		90,500		717,299
DENMARK — (1.9%)
	AP Moller — Maersk AS, Class A		6,364		11,373,693
	AP Moller — Maersk AS, Class B		7,912		14,301,348
	Carlsberg AS, Class B		353,217		58,456,255
	Chr Hansen Holding AS		165,514		12,881,861
*	Danske Bank AS		945,349		19,979,747
*	Demant AS		121,110		5,190,287
	DSV AS		379,252		71,376,093
*	Genmab AS		30,735		12,630,994
	Novozymes AS, Class B		61,023		3,177,021
	Pandora AS		14,722		1,362,695
	Rockwool AS, Class A		91		21,911
	Rockwool AS, Class B		8,844		2,142,039
	Tryg AS		336,476		7,951,929
*	Vestas Wind Systems AS		763,341		21,122,093
TOTAL DENMARK					241,967,966
FINLAND — (0.9%)
	Nokia Oyj		4,351,573		18,412,163
#	Nokia Oyj, Sponsored ADR		1,331,054		5,577,116
	Nordea Bank Abp		4,650,797		51,634,361
	Stora Enso Oyj, Class R		1,696,368		21,521,559
	UPM-Kymmene Oyj		665,847		21,234,125
TOTAL FINLAND					118,379,324

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
FRANCE — (11.1%)
*	Accor SA		268,063	$	9,510,098
#	Alstom SA		339,734		8,539,067
W	Amundi SA		62,742		4,110,533
	Arkema SA		235,866		23,337,292
	AXA SA		2,528,587		82,533,543
	BNP Paribas SA		1,819,966		117,594,218
	Bollore SE		1,793,750		12,117,434
#	Bouygues SA		1,023,747		37,488,835
	Carrefour SA		2,495,917		51,916,591
	Cie de Saint-Gobain		1,784,858		103,333,825
	Cie Generale des Etablissements Michelin SCA		2,521,000		80,287,773
	Credit Agricole SA		1,088,951		13,310,823
	Danone SA		9,285		614,515
	Eiffage SA		259,883		30,932,268
	Engie SA		3,701,762		59,244,062
	Eurazeo SE		21,491		1,534,540
*	Faurecia SE		61,470		1,271,287
	Orange SA		7,137,374		92,899,451
	Publicis Groupe SA		675,773		55,249,217
*	Renault SA		540,715		20,083,754
	Rexel SA		422,008		9,775,226
	Sanofi		899,474		96,934,773
	Societe Generale SA		2,080,067		50,521,214
#	TotalEnergies SE		6,840,726		437,121,783
	Vinci SA		24,438		3,022,766
	Vivendi SE		324,425		3,563,631
* W	Worldline SA		52,638		2,289,896
TOTAL FRANCE					1,409,138,415
GERMANY — (6.9%)
	BASF SE		1,843,128		95,334,201
	Bayer AG		2,060,836		136,007,516
	Bayerische Motoren Werke AG		942,197		105,605,576
*	Commerzbank AG		4,029,779		44,783,374
	Continental AG		255,898		17,955,635
* W	Covestro AG		638,137		27,995,353
*	Daimler Truck Holding AG		1,284,137		42,431,686
#	Deutsche Bank AG		3,421,901		37,641,549
*	Deutsche Lufthansa AG		524,114		5,634,185
W	DWS Group GmbH & Co. KGaA		18,748		623,378
	E.ON SE		1,519,237		20,096,080
	Evonik Industries AG		449,221		9,804,915
	Fresenius Medical Care AG & Co. KGaA		334,517		16,232,089
	Fresenius SE & Co. KGaA		862,748		24,997,234
	HeidelbergCement AG		448,245		33,950,785
	Mercedes-Benz Group AG		2,636,283		205,593,184
#	RTL Group SA		3,228		151,310
# *	Siemens Energy AG		453,468		11,129,962
*	Talanx AG		152,426		7,666,382
	Telefonica Deutschland Holding AG		4,563,070		15,418,487
	Volkswagen AG		111,321		18,689,984
TOTAL GERMANY					877,742,865
HONG KONG — (2.0%)
	BOC Hong Kong Holdings Ltd.		6,079,500		19,191,292
# *	Cathay Pacific Airways Ltd.		7,360,999		7,122,737
	CK Asset Holdings Ltd.		4,931,303		29,159,394
	CK Hutchison Holdings Ltd.		7,430,984		49,679,304

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
	CK Infrastructure Holdings Ltd.		743,000	$	4,230,184
W	ESR Group Ltd.		69,600		108,795
	Hang Lung Properties Ltd.		6,065,000		11,086,373
	Hang Seng Bank Ltd.		290,300		4,303,072
	Henderson Land Development Co. Ltd.		2,671,485		9,512,423
	HKT Trust & HKT Ltd.		1,300,000		1,708,553
	MTR Corp. Ltd.		2,970,433		14,841,830
	New World Development Co. Ltd.		4,946,042		13,190,482
#	Sino Land Co. Ltd.		10,446,417		14,077,290
	Sun Hung Kai Properties Ltd.		3,517,920		48,980,989
	Swire Pacific Ltd., Class A		1,084,500		8,608,898
	Swire Pacific Ltd., Class B		2,672,500		3,393,041
W	WH Group Ltd.		30,841,696		17,170,758
	Xinyi Glass Holdings Ltd.		1,450,000		2,652,833
TOTAL HONG KONG					259,018,248
IRELAND — (0.5%)
	AIB Group PLC		383,191		1,647,942
	Bank of Ireland Group PLC		811,100		8,389,139
	CRH PLC		293,793		14,176,683
#	CRH PLC, Sponsored ADR		728,717		35,342,775
# *	Flutter Entertainment PLC		17,270		3,460,360
TOTAL IRELAND					63,016,899
ISRAEL — (0.5%)
	Bank Hapoalim BM		2,024,290		17,438,427
	Bank Leumi Le-Israel BM		576,471		4,569,502
	Delek Group Ltd.		29,703		3,235,699
	Harel Insurance Investments & Financial Services Ltd.		600,083		5,386,396
	Israel Discount Bank Ltd., Class A		2,720,329		13,519,608
	Kenon Holdings Ltd.		19,214		511,167
*	Migdal Insurance & Financial Holdings Ltd.		177,764		191,686
	Phoenix Holdings Ltd.		796,823		8,548,605
*	Teva Pharmaceutical Industries Ltd., Sponsored ADR		1,196,765		10,447,758
TOTAL ISRAEL					63,848,848
ITALY — (2.1%)
	Banco BPM SpA		290,116		1,179,634
	Eni SpA		2,467,312		37,274,713
	Intesa Sanpaolo SpA		18,268,354		48,034,649
	Mediobanca Banca di Credito Finanziario SpA		517,341		5,555,819
	Stellantis NV		3,233,234		53,628,266
#	Stellantis NV		1,905,996		31,696,714
*	Telecom Italia SpA		4,533,052		1,333,228
*	Telecom Italia SpA, Sponsored ADR		1,610,365		4,707,097
	UniCredit SpA		4,159,978		82,431,948
TOTAL ITALY					265,842,068
JAPAN — (18.4%)
	Acom Co. Ltd.		117,400		287,646
	AEON Financial Service Co. Ltd.		37,200		331,363
	AGC, Inc.		895,500		33,388,592
	Air Water, Inc.		54,300		686,123
	Aisin Corp.		654,800		19,219,333
	Alfresa Holdings Corp.		202,200		2,927,752
	Alps Alpine Co. Ltd.		475,928		4,345,248
	Amada Co. Ltd.		907,100		8,469,587

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
#	Aozora Bank Ltd.		253,300	$	4,543,944
	Asahi Group Holdings Ltd.		147,200		5,686,936
	Asahi Kasei Corp.		3,294,900		23,272,399
	Bank of Kyoto Ltd.		113,679		5,593,284
	Bridgestone Corp.		438,200		17,597,385
	Brother Industries Ltd.		513,100		8,058,357
	Canon Marketing Japan, Inc.		151,500		3,787,946
	Canon, Inc.		578,700		13,783,097
	Chiba Bank Ltd.		1,064,000		6,947,948
	Coca-Cola Bottlers Japan Holdings, Inc.		205,857		2,218,367
	COMSYS Holdings Corp.		23,300		445,872
	Concordia Financial Group Ltd.		2,530,100		9,600,107
	Cosmo Energy Holdings Co. Ltd.		273,700		8,749,937
	Credit Saison Co. Ltd.		393,600		5,453,293
	Dai Nippon Printing Co. Ltd.		418,700		12,035,993
	Daicel Corp.		457,800		3,609,232
	Dai-ichi Life Holdings, Inc.		1,128,647		20,993,700
	Daiwa House Industry Co. Ltd.		533,700		13,603,200
	Daiwa Securities Group, Inc.		3,723,000		17,292,191
	Denka Co. Ltd.		234,800		4,702,446
	DIC Corp.		246,600		4,555,542
	Dowa Holdings Co. Ltd.		195,100		6,374,009
	ENEOS Holdings, Inc.		9,223,403		32,812,478
	Ezaki Glico Co. Ltd.		8,100		208,338
	Fuji Media Holdings, Inc.		30,600		286,866
	FUJIFILM Holdings Corp.		103,500		5,394,414
	Fujikura Ltd.		47,500		323,860
	Fukuoka Financial Group, Inc.		386,600		7,281,639
	Fuyo General Lease Co. Ltd.		1,600		117,096
	Hachijuni Bank Ltd.		244,000		1,093,146
	Hankyu Hanshin Holdings, Inc.		581,700		18,161,422
	Haseko Corp.		510,100		6,227,466
*	Hino Motors Ltd.		840,100		3,310,091
	Hitachi Construction Machinery Co. Ltd.		230,800		5,687,345
	Hitachi Ltd.		191,000		10,565,091
	Honda Motor Co. Ltd.		3,522,000		93,414,082
	House Foods Group, Inc.		2,800		61,567
	Hulic Co. Ltd.		28,500		245,387
	Idemitsu Kosan Co. Ltd.		602,938		12,838,383
	Iida Group Holdings Co. Ltd.		674,550		11,993,019
	Inpex Corp.		2,704,683		29,597,469
	Isetan Mitsukoshi Holdings Ltd.		549,300		6,064,686
	Isuzu Motors Ltd.		1,559,200		18,412,618
	ITOCHU Corp.		490,500		16,272,269
	Iwatani Corp.		82,400		3,901,044
	J Front Retailing Co. Ltd.		712,300		7,491,440
#	Japan Post Bank Co. Ltd.		56,300		449,587
	Japan Post Holdings Co. Ltd.		1,397,610		11,505,020
	Japan Post Insurance Co. Ltd.		134,400		2,182,532
	JFE Holdings, Inc.		1,387,295		16,412,110
	JGC Holdings Corp.		257,700		3,223,895
	JTEKT Corp.		572,800		4,730,181
	Kajima Corp.		855,600		11,320,048
	Kamigumi Co. Ltd.		342,200		7,499,602
	Kaneka Corp.		231,308		6,153,652
	Kawasaki Heavy Industries Ltd.		677,300		14,734,151
#	Kawasaki Kisen Kaisha Ltd.		101,100		2,409,246
	Kewpie Corp.		7,000		117,511
	Kinden Corp.		222,800		3,037,810

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
	Kobe Steel Ltd.		60,200	$	448,541
	Koito Manufacturing Co. Ltd.		62,800		1,214,769
	Kokuyo Co. Ltd.		20,200		288,672
	Komatsu Ltd.		917,200		22,810,641
	Konica Minolta, Inc.		521,200		2,174,117
	K’s Holdings Corp.		403,300		3,574,539
	Kuraray Co. Ltd.		1,408,691		13,173,532
	Kyocera Corp.		179,600		9,426,760
	Lixil Corp.		1,001,900		15,770,936
	Mabuchi Motor Co. Ltd.		73,100		2,063,041
	Marubeni Corp.		2,455,800		34,855,634
	Maruichi Steel Tube Ltd.		15,500		350,627
	Mazda Motor Corp.		1,108,300		10,029,543
	Mebuki Financial Group, Inc.		1,302,120		3,335,581
	Medipal Holdings Corp.		329,250		5,030,256
	Mitsubishi Chemical Group Corp.		3,775,900		22,151,846
	Mitsubishi Corp.		2,121,600		78,660,133
	Mitsubishi Electric Corp.		1,451,700		17,999,456
	Mitsubishi Estate Co. Ltd.		772,125		9,515,901
	Mitsubishi Gas Chemical Co., Inc.		727,100		10,585,468
	Mitsubishi HC Capital, Inc.		2,653,300		13,772,576
	Mitsubishi Heavy Industries Ltd.		757,000		28,705,616
	Mitsubishi Logistics Corp.		89,600		2,220,218
	Mitsubishi Materials Corp.		79,200		1,296,870
# *	Mitsubishi Motors Corp.		1,798,900		6,914,310
#	Mitsubishi UFJ Financial Group, Inc., Sponsored ADR		1,968,045		12,359,323
	Mitsubishi UFJ Financial Group, Inc.		10,193,750		63,808,114
	Mitsui & Co. Ltd., Sponsored ADR		10,334		6,488,305
	Mitsui & Co. Ltd.		1,590,000		49,637,746
	Mitsui Chemicals, Inc.		823,660		20,839,424
	Mitsui Fudosan Co. Ltd.		941,100		18,692,135
#	Mitsui OSK Lines Ltd.		885,300		21,947,125
	Mizuho Financial Group, Inc.		2,557,280		37,069,893
	MS&AD Insurance Group Holdings, Inc.		445,453		14,620,793
	Nagase & Co. Ltd.		21,700		341,887
	NEC Corp.		787,610		30,287,785
	NGK Insulators Ltd.		303,000		3,803,203
	NH Foods Ltd.		317,767		9,273,386
	Nikon Corp.		695,200		7,186,331
	Nippon Electric Glass Co. Ltd.		131,500		2,510,363
	Nippon Express Holdings, Inc.		308,324		18,093,036
	Nippon Shokubai Co. Ltd.		64,300		2,577,893
	Nippon Steel Corp.		1,256,593		26,837,570
#	Nippon Yusen KK		958,800		22,664,968
	Nissan Motor Co. Ltd.		4,749,500		17,318,741
	Nisshin Seifun Group, Inc.		188,500		2,284,893
	Niterra Co. Ltd.		315,000		6,602,345
	Nomura Holdings, Inc.		3,219,302		11,540,877
	Nomura Real Estate Holdings, Inc.		521,500		12,995,267
	NSK Ltd.		1,027,500		5,801,180
	Obayashi Corp.		2,272,082		18,941,824
	Oji Holdings Corp.		3,568,100		14,021,555
	ORIX Corp.		2,089,800		35,552,768
	Otsuka Holdings Co. Ltd.		139,100		4,732,287
	Panasonic Holdings Corp.		3,734,599		35,175,358
	Resona Holdings, Inc.		2,821,139		14,060,445
	Resonac Holdings Corp.		515,700		8,166,234
#	Ricoh Co. Ltd.		1,418,200		11,742,307
	Rinnai Corp.		38,100		920,883

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
	Rohm Co. Ltd.		93,500	$	7,039,441
	Sankyo Co. Ltd.		30,300		1,336,725
	SBI Holdings, Inc.		249,899		4,880,717
*	SBI Shinsei Bank Ltd.		61,300		1,100,026
	Seiko Epson Corp.		795,500		12,166,168
	Seino Holdings Co. Ltd.		437,400		4,856,014
	Sekisui Chemical Co. Ltd.		206,700		2,941,847
#	Sekisui House Ltd.		1,475,000		30,323,996
	Shimamura Co. Ltd.		61,300		5,627,608
	Shimizu Corp.		936,400		5,718,601
	Shizuoka Financial Group, Inc.		851,000		6,414,538
	SoftBank Group Corp.		546,200		20,483,818
	Sohgo Security Services Co. Ltd.		15,800		441,282
	Sojitz Corp.		681,440		14,352,156
	Sompo Holdings, Inc.		260,856		10,885,414
	Stanley Electric Co. Ltd.		331,300		7,473,431
	Subaru Corp.		1,583,684		25,848,595
	Sumitomo Chemical Co. Ltd.		7,919,600		26,762,066
	Sumitomo Corp.		1,550,100		27,782,217
	Sumitomo Electric Industries Ltd.		2,834,000		36,168,235
	Sumitomo Forestry Co. Ltd.		598,600		12,932,280
	Sumitomo Heavy Industries Ltd.		487,894		11,788,494
	Sumitomo Metal Mining Co. Ltd.		584,364		21,568,113
	Sumitomo Mitsui Financial Group, Inc.		1,370,700		56,025,473
	Sumitomo Mitsui Trust Holdings, Inc.		475,544		17,142,251
	Sumitomo Pharma Co. Ltd.		333,431		2,091,824
#	Sumitomo Realty & Development Co. Ltd.		566,400		13,225,006
#	Sumitomo Rubber Industries Ltd.		756,200		6,935,801
	Suzuken Co. Ltd.		85,000		2,419,160
	Suzuki Motor Corp.		338,100		11,789,022
	Taiheiyo Cement Corp.		130,700		2,343,603
	Taisei Corp.		215,600		7,332,751
	Taisho Pharmaceutical Holdings Co. Ltd.		38,900		1,679,931
	Takashimaya Co. Ltd.		53,700		793,274
	Takeda Pharmaceutical Co. Ltd.		2,361,071		78,291,072
	TBS Holdings, Inc.		70,800		1,067,501
	TDK Corp.		337,600		11,606,316
	Teijin Ltd.		818,590		9,142,780
	THK Co. Ltd.		92,400		2,072,989
	Toda Corp.		537,800		3,146,437
	Tokai Carbon Co. Ltd.		40,000		363,508
	Tokyo Century Corp.		100,200		3,447,095
	Tokyo Tatemono Co. Ltd.		870,300		11,022,344
	Tokyu Fudosan Holdings Corp.		2,556,700		12,974,727
	Toppan, Inc.		599,800		12,750,999
	Toray Industries, Inc.		2,976,000		16,865,882
	Tosoh Corp.		1,241,700		16,589,469
	Toyo Seikan Group Holdings Ltd.		416,349		5,881,320
	Toyo Tire Corp.		52,000		619,528
	Toyoda Gosei Co. Ltd.		272,500		4,673,342
	Toyota Boshoku Corp.		57,200		905,404
	Toyota Industries Corp.		155,700		9,048,955
	Toyota Motor Corp.		7,342,850		100,817,505
	Toyota Tsusho Corp.		548,100		22,783,027
	Yamada Holdings Co. Ltd.		1,918,800		6,686,498
	Yamaha Motor Co. Ltd.		893,600		23,172,154
	Yamato Kogyo Co. Ltd.		54,200		2,129,358
	Yamazaki Baking Co. Ltd.		325,600		4,362,769
	Yokohama Rubber Co. Ltd.		563,500		12,250,826

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
#	Z Holdings Corp.		1,456,300	$	3,989,157
	Zeon Corp.		404,300		4,171,499
TOTAL JAPAN					2,330,865,556
NETHERLANDS — (3.4%)
W	ABN AMRO Bank NV, CVA		509,108		8,159,605
	Aegon NV		3,153,912		14,390,433
	Aegon NV, Class NY		413,726		1,874,179
	Akzo Nobel NV		420,445		34,879,355
	ArcelorMittal SA		652,213		18,529,125
#	ArcelorMittal SA		931,574		26,521,915
	ASR Nederland NV		267,334		11,758,055
	Coca-Cola Europacific Partners PLC		85,736		5,482,967
	Heineken NV		141,454		16,242,481
	ING Groep NV		4,971,616		61,659,410
#	JDE Peet’s NV		256,784		7,810,751
	Koninklijke Ahold Delhaize NV		4,003,663		137,664,548
	Koninklijke KPN NV		4,007,248		14,613,972
	Koninklijke Philips NV		991,539		20,933,379
	Koninklijke Philips NV		33,022		697,425
	NN Group NV		695,023		25,917,660
	OCI NV		84,204		2,218,803
	Randstad NV		338,457		18,390,321
	Stellantis NV		208,034		3,459,605
TOTAL NETHERLANDS					431,203,989
NEW ZEALAND — (0.2%)
*	Auckland International Airport Ltd.		1,979,607		10,839,052
	Chorus Ltd.		297,294		1,589,626
	EBOS Group Ltd.		221,523		6,079,258
	Fletcher Building Ltd.		1,506,990		4,201,968
#	Fonterra Co-operative Group Ltd.		293,628		627,344
	Ryman Healthcare Ltd.		262,117		861,071
	Summerset Group Holdings Ltd.		420,677		2,119,998
TOTAL NEW ZEALAND					26,318,317
NORWAY — (0.8%)
*	Adevinta ASA		53,248		410,167
#	Aker ASA, Class A		9,016		551,073
	Aker BP ASA		94,136		2,250,398
	Austevoll Seafood ASA		167,380		1,576,293
	DNB Bank ASA		1,885,402		33,164,367
W	Elkem ASA		809,310		2,739,190
#	Frontline PLC		84,273		1,307,377
#	Golden Ocean Group Ltd.		787,356		7,252,944
	Norsk Hydro ASA		2,737,655		20,146,569
	Orkla ASA		313,001		2,249,782
	SpareBank 1 SR-Bank ASA		329,406		3,858,804
	Storebrand ASA		1,260,839		9,728,018
	Subsea 7 SA		453,890		5,188,191
	Wallenius Wilhelmsen ASA		592,285		4,432,679
	Yara International ASA		290,501		11,698,134
TOTAL NORWAY					106,553,986
PORTUGAL — (0.1%)
	EDP Renovaveis SA		384,507		8,546,701

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
PORTUGAL — (Continued)
	Galp Energia SGPS SA		553,452	$	6,687,743
TOTAL PORTUGAL					15,234,444
SINGAPORE — (1.0%)
	City Developments Ltd.		1,511,600		7,907,617
	Frasers Property Ltd.		492,700		323,375
	Hongkong Land Holdings Ltd.		2,134,200		9,498,118
	Jardine Cycle & Carriage Ltd.		6,800		173,188
	Keppel Corp. Ltd.		6,323,200		29,361,053
	Olam Group Ltd.		399,410		482,089
	Oversea-Chinese Banking Corp. Ltd.		2,660,100		25,166,896
*	Sembcorp Marine Ltd.		120,678,485		11,254,794
	Singapore Airlines Ltd.		4,136,400		18,193,074
	Singapore Land Group Ltd.		571,470		939,707
	UOL Group Ltd.		1,698,674		8,861,769
	Wilmar International Ltd.		6,663,900		19,683,263
TOTAL SINGAPORE					131,844,943
SPAIN — (2.1%)
	Banco Bilbao Vizcaya Argentaria SA		7,144,740		52,306,524
	Banco Bilbao Vizcaya Argentaria SA, Sponsored ADR		1,225,868		8,997,871
	Banco Santander SA		35,812,913		125,813,514
	Banco Santander SA, Sponsored ADR		219,342		761,117
	CaixaBank SA		3,327,631		12,317,580
	Repsol SA		4,381,555		64,363,729
TOTAL SPAIN					264,560,335
SWEDEN — (2.5%)
	AFRY AB		5,360		100,762
	Billerud AB		671,128		6,445,670
	Boliden AB		945,435		33,786,892
	Bure Equity AB		85,205		2,178,568
W	Dometic Group AB		119,685		857,857
#	Electrolux AB, Class B		442,770		6,679,226
	Essity AB, Class B		61,894		1,875,714
	Getinge AB, Class B		105,044		2,666,108
	Holmen AB, Class A		5,562		214,414
	Holmen AB, Class B		176,174		6,664,626
	Husqvarna AB, Class B		610,915		5,272,947
	Loomis AB		190,687		6,103,657
*	Millicom International Cellular SA, SDR		349,452		6,267,868
	Pandox AB		106,891		1,273,653
	Saab AB, Class B		158,640		8,907,520
	Securitas AB, Class B		660,617		5,921,301
# * W	Sinch AB		19,715		52,329
	Skandinaviska Enskilda Banken AB, Class A		2,605,519		29,626,774
	Skandinaviska Enskilda Banken AB, Class C		14,462		184,539
	Skanska AB, Class B		882,362		14,432,318
	SKF AB, Class B		1,179,544		21,363,503
	SSAB AB, Class A		729,061		5,177,686
	SSAB AB, Class B		2,046,233		13,830,654
#	Svenska Cellulosa AB SCA, Class A		34,534		471,742
	Svenska Cellulosa AB SCA, Class B		581,885		7,983,295
	Svenska Handelsbanken AB, Class A		1,224,329		10,822,806
#	Svenska Handelsbanken AB, Class B		37,204		408,790
#	Swedbank AB, Class A		973,315		16,912,740
	Telefonaktiebolaget LM Ericsson, Class B		1,743,089		9,596,912
	Telia Co. AB		6,786,020		18,893,434

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
	Trelleborg AB, Class B		788,808	$	19,821,239
	Vitrolife AB		4,553		102,509
	Volvo AB, Class A		251,466		5,325,083
	Volvo AB, Class B		1,970,035		40,505,300
TOTAL SWEDEN					310,728,436
SWITZERLAND — (10.1%)
	ABB Ltd.		708,359		25,553,069
	Alcon, Inc.		571,377		41,581,076
	Baloise Holding AG		105,344		17,633,866
	Barry Callebaut AG		484		1,033,383
	Cie Financiere Richemont SA, Class A		922,306		152,457,909
*	Credit Suisse Group AG		257,594		231,795
	Credit Suisse Group AG, Sponsored ADR		133,383		119,365
*	DSM-Firmenich AG		338,440		44,288,833
	Holcim AG		1,372,633		90,593,267
	Julius Baer Group Ltd.		716,015		51,306,901
	Novartis AG, Sponsored ADR		1,596,183		163,720,490
	Novartis AG		1,706,093		174,522,856
	SIG Group AG		479,021		12,821,302
	Swatch Group AG		47,812		16,402,498
	Swatch Group AG		123,912		7,817,342
	Swiss Life Holding AG		69,548		45,905,617
	Swiss Prime Site AG		120,516		10,909,062
	Swiss Re AG		399,672		40,248,534
	Swisscom AG		94,854		65,122,052
# *	UBS Group AG		7,263,744		147,709,305
	Zurich Insurance Group AG		348,909		169,204,186
TOTAL SWITZERLAND					1,279,182,708
UNITED KINGDOM — (13.8%)
	3i Group PLC		937,289		20,853,778
	abrdn PLC		1,691,534		4,532,851
W	Airtel Africa PLC		31,927		48,195
	Anglo American PLC		1,263,298		38,927,474
	Associated British Foods PLC		371,994		9,165,402
	Aviva PLC		9,590,235		51,061,682
	Barclays PLC, Sponsored ADR		7,035,082		56,773,112
	Barclays PLC		1,388,036		2,796,075
	Barratt Developments PLC		1,092,759		6,874,996
	Bellway PLC		17,101		518,493
	Berkeley Group Holdings PLC		7,801		436,561
	BP PLC, Sponsored ADR		1,984,603		79,939,809
	BP PLC		7,690,578		51,596,045
	British American Tobacco PLC, Sponsored ADR		838,885		31,080,689
	British American Tobacco PLC		3,024,009		111,724,417
	BT Group PLC		22,408,140		44,755,592
*	Dowlais Group PLC		1,458,994		2,431,341
	DS Smith PLC		2,810,684		10,973,640
	Glencore PLC		14,403,738		85,020,005
	Haleon PLC		1,685,911		7,412,442
	HSBC Holdings PLC		13,535,003		97,551,453
#	HSBC Holdings PLC, Sponsored ADR		2,324,211		83,787,806
	Investec PLC		1,183,350		6,596,630
	J Sainsbury PLC		7,868,098		27,341,681
	Johnson Matthey PLC		36,432		900,005
	Kingfisher PLC		7,975,671		25,849,917
	Lloyds Banking Group PLC		164,752,825		100,090,742

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
UNITED KINGDOM — (Continued)
#	Lloyds Banking Group PLC, ADR		1,844,768	$	4,464,339
	M&G PLC		1,586,600		4,100,625
*	Marks & Spencer Group PLC		10,812		22,371
	Melrose Industries PLC		1,458,994		7,515,411
	NatWest Group PLC		6,971,799		22,965,783
#	NatWest Group PLC, Sponsored ADR		637,445		4,226,260
	Pearson PLC		309,149		3,439,524
	Pearson PLC, Sponsored ADR		1,014,248		11,197,298
	Shell PLC		307,658		9,453,763
	Shell PLC, ADR		9,015,405		558,774,802
	Standard Chartered PLC		5,708,936		45,232,654
	Taylor Wimpey PLC		2,923,737		4,718,520
	Tesco PLC		11,051,539		39,072,189
	Vodafone Group PLC		51,300,878		61,618,782
	Vodafone Group PLC, Sponsored ADR		1,760,686		21,040,201
TOTAL UNITED KINGDOM					1,756,883,355
TOTAL COMMON STOCKS					11,990,279,255
PREFERRED STOCKS — (0.8%)
GERMANY — (0.8%)
	Bayerische Motoren Werke AG		152,008		16,157,651
	Porsche Automobil Holding SE		307,547		17,129,521
	Volkswagen AG		489,153		66,793,721
TOTAL GERMANY					100,080,893
TOTAL INVESTMENT SECURITIES
(Cost $10,444,124,118)					12,090,360,148
				Value†
SECURITIES LENDING COLLATERAL — (4.8%)
@ §	The DFA Short Term Investment Fund		52,997,021		613,016,538
TOTAL INVESTMENTS — (100.0%)
(Cost $11,057,042,247)				$	12,703,376,686

ADR American Depositary Receipt

SA    Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

As of April 30, 2023, The DFA International Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® E-mini Index		603		06/16/23	$	120,865,744	$	126,283,275	$	5,417,531
Total Futures Contracts					$	120,865,744	$	126,283,275	$	5,417,531

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia		—	$	818,672,284		—	$	818,672,284
Austria		—		9,086,922		—		9,086,922
Belgium		—		83,578,400		—		83,578,400
Canada	$	1,125,893,648		—		—		1,125,893,648
China		—		717,299		—		717,299
Denmark		—		241,967,966		—		241,967,966
Finland		5,577,116		112,802,208		—		118,379,324
France		—		1,409,138,415		—		1,409,138,415
Germany		16,328,138		861,414,727		—		877,742,865
Hong Kong		—		259,018,248		—		259,018,248
Ireland		35,342,775		27,674,124		—		63,016,899
Israel		10,447,758		53,401,090		—		63,848,848
Italy		36,403,811		229,438,257		—		265,842,068
Japan		18,847,628		2,312,017,928		—		2,330,865,556
Netherlands		32,553,124		398,650,865		—		431,203,989
New Zealand		—		26,318,317		—		26,318,317
Norway		—		106,553,986		—		106,553,986
Portugal		—		15,234,444		—		15,234,444
Singapore		—		131,844,943		—		131,844,943
Spain		9,758,988		254,801,347		—		264,560,335
Sweden		—		310,728,436		—		310,728,436
Switzerland		238,383,754		1,040,798,954		—		1,279,182,708
United Kingdom		853,715,657		903,167,698		—		1,756,883,355
Preferred Stocks
Germany		—		100,080,893		—		100,080,893
Securities Lending Collateral		—		613,016,538		—		613,016,538
Futures Contracts**		5,417,531		—		—		5,417,531
TOTAL	$	2,388,669,928	$	10,320,124,289		—	$	12,708,794,217

** Valued at the unrealized appreciation/(depreciation) on the investment.

THE JAPANESE SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (98.3%)
COMMUNICATION SERVICES — (2.3%)
	Akatsuki, Inc.		44,200	$	734,176
*	Allied Architects, Inc.		33,800		164,149
*	AlphaPolis Co. Ltd.		13,000		329,427
	Amuse, Inc.		34,600		472,139
	ARTERIA Networks Corp.		92,300		884,052
	Asahi Broadcasting Group Holdings Corp.		57,600		284,768
	Asahi Net, Inc.		109,100		473,868
	Ateam, Inc.		2,100		10,398
*	Atrae, Inc.		68,500		415,154
	Avex, Inc.		232,700		2,665,038
# *	Bengo4.com, Inc.		46,600		897,218
	Broadmedia Corp.		5,520		52,276
	Broccoli Co. Ltd.		4,400		48,422
	Bushiroad, Inc.		22,000		144,397
	Carta Holdings, Inc.		38,100		406,212
#	Ceres, Inc.		18,800		198,918
	COLOPL, Inc.		188,200		884,940
*	COOKPAD, Inc.		190,600		270,932
	Cross Marketing Group, Inc.		22,900		119,907
	Daiichikosho Co. Ltd.		56,200		1,007,565
*	DeNA Co. Ltd.		411,700		5,782,217
	Digital Holdings, Inc.		60,500		522,408
	Direct Marketing MiX, Inc.		43,000		378,875
#	Drecom Co. Ltd.		24,400		134,539
#	Faith, Inc.		56,010		207,748
	Fibergate, Inc.		22,300		206,903
	FreakOut Holdings, Inc.		24,400		285,005
#	Freebit Co. Ltd.		63,100		716,376
	Fuji Media Holdings, Inc.		140,300		1,315,270
	Gakken Holdings Co. Ltd.		132,500		853,780
	GungHo Online Entertainment, Inc.		291,600		5,598,450
	Imagica Group, Inc.		106,900		478,410
	Imagineer Co. Ltd.		1,600		12,591
	i-mobile Co. Ltd.		8,100		77,767
	Infocom Corp.		146,900		2,441,003
	Intage Holdings, Inc.		211,400		2,461,880
	IPS, Inc.		17,200		321,977
	ITmedia, Inc.		56,800		581,025
*	Japan Communications, Inc.		903,800		1,678,689
	J-Stream, Inc.		14,000		55,141
#	Kamakura Shinsho Ltd.		39,000		267,709
*	KLab, Inc.		15,000		42,670
	LIFULL Co. Ltd.		444,000		721,584
# *	Macbee Planet, Inc.		3,400		377,561
	Macromill, Inc.		243,197		1,619,241
	MarkLines Co. Ltd.		72,900		1,263,856
	Marvelous, Inc.		190,500		945,392
#	Members Co. Ltd.		50,400		461,503
	Mixi, Inc.		251,400		5,314,889
# *	Mobile Factory, Inc.		10,500		71,029
*	NexTone, Inc.		31,200		673,006
	Okinawa Cellular Telephone Co.		158,700		3,545,622
#	Orchestra Holdings, Inc.		4,800		54,183

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
COMMUNICATION SERVICES — (Continued)
	Oricon, Inc.		27,800	$	225,879
*	Port, Inc.		4,400		55,306
*	PR Times, Inc.		11,900		119,327
	Proto Corp.		156,700		1,368,519
	Sharingtechnology, Inc.		2,700		9,859
	SKY Perfect JSAT Holdings, Inc.		910,500		3,549,842
	Toei Co. Ltd.		700		94,255
	Tohokushinsha Film Corp.		94,800		517,663
#	Trenders, Inc.		13,300		132,185
	TV Asahi Holdings Corp.		98,500		1,138,681
	Tv Tokyo Holdings Corp.		63,700		1,188,805
	Usen-Next Holdings Co. Ltd.		79,900		1,794,578
*	UUUM Co. Ltd.		11,600		52,766
	ValueCommerce Co. Ltd.		105,000		1,017,069
#	V-Cube, Inc.		80,700		309,580
	Vector, Inc.		188,100		1,778,805
*	Vision, Inc.		55,400		695,634
	Wowow, Inc.		37,900		365,189
	Zenrin Co. Ltd.		207,250		1,340,815
	ZIGExN Co. Ltd.		121,300		451,055
TOTAL COMMUNICATION SERVICES					66,138,067
CONSUMER DISCRETIONARY — (14.6%)
	&Do Holdings Co. Ltd.		59,500		419,331
#	Adastria Co. Ltd.		140,840		2,656,057
#	Adventure, Inc.		8,800		656,167
	Aeon Fantasy Co. Ltd.		48,932		1,177,459
	Ahresty Corp.		133,500		560,427
	Ainavo Holdings Co. Ltd.		5,600		44,596
	Airtrip Corp.		85,100		1,711,494
	Aisan Industry Co. Ltd.		211,600		1,514,500
*	Akebono Brake Industry Co. Ltd.		610,100		670,677
	Alleanza Holdings Co. Ltd.		80,800		592,967
#	Alpen Co. Ltd.		98,500		1,506,141
#	Alpha Corp.		31,700		234,448
	Amiyaki Tei Co. Ltd.		28,200		785,641
	AOKI Holdings, Inc.		231,900		1,615,259
	Aoyama Trading Co. Ltd.		235,200		1,607,189
	Arata Corp.		86,800		2,822,362
#	Arcland Service Holdings Co. Ltd.		94,800		1,992,849
	ARCLANDS Corp.		37,400		423,593
	Asahi Co. Ltd.		106,000		1,013,460
	Ashimori Industry Co. Ltd.		26,599		271,124
	ASKUL Corp.		241,600		3,219,757
	Asti Corp.		19,400		488,922
*	Atsugi Co. Ltd.		18,000		55,802
	Aucnet, Inc.		65,100		761,478
	Autobacs Seven Co. Ltd.		429,100		4,879,623
	Avantia Co. Ltd.		62,400		379,001
	Baroque Japan Ltd.		35,200		227,083
#	Beauty Garage, Inc.		21,700		591,229
	Belluna Co. Ltd.		317,100		1,739,777
	Benesse Holdings, Inc.		395,143		5,671,337
#	Bic Camera, Inc.		557,300		4,662,631
#	Bike O & Co. Ltd.		32,200		195,928
#	Bookoff Group Holdings Ltd.		66,600		666,583
	Central Automotive Products Ltd.		80,500		1,711,506
	Central Sports Co. Ltd.		43,700		824,688
	Chiyoda Co. Ltd.		110,800		682,276

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	Chofu Seisakusho Co. Ltd.		121,300	$	2,189,827
	Chuo Spring Co. Ltd.		81,700		434,839
	Cleanup Corp.		139,400		779,381
	Colowide Co. Ltd.		268,100		4,107,461
	Corona Corp.		97,200		665,327
	Create Restaurants Holdings, Inc.		619,500		4,520,460
*	CROOZ, Inc.		9,100		60,920
	Curves Holdings Co. Ltd.		195,200		1,138,044
	Daido Metal Co. Ltd.		227,200		880,168
#	Daikoku Denki Co. Ltd.		54,600		1,227,729
	Daikyonishikawa Corp.		258,900		1,296,173
	Daimaruenawin Co. Ltd.		3,400		33,215
	Dainichi Co. Ltd.		67,100		335,556
	DCM Holdings Co. Ltd.		701,800		7,351,578
	Doshisha Co. Ltd.		130,800		2,059,425
	Doutor Nichires Holdings Co. Ltd.		186,086		2,934,472
	Eagle Industry Co. Ltd.		165,400		1,595,394
#	EAT & Holdings Co. Ltd.		33,000		539,789
#	EDION Corp.		510,200		5,020,848
	Enigmo, Inc.		152,100		477,763
	ES-Con Japan Ltd.		53,000		338,335
	Eslead Corp.		47,700		784,409
	Exedy Corp.		181,900		2,618,347
	FCC Co. Ltd.		223,200		2,877,386
	Felissimo Corp.		20,600		150,632
#	First Juken Co. Ltd.		46,400		386,231
#	First-Corp., Inc.		45,300		308,760
	FJ Next Holdings Co. Ltd.		106,600		810,163
	Foster Electric Co. Ltd.		143,200		1,192,603
	F-Tech, Inc.		29,700		169,501
#	Fuji Corp.		72,800		704,555
	Fuji Corp. Ltd.		171,000		906,318
	Fuji Kyuko Co. Ltd.		80,000		3,072,949
	Fujibo Holdings, Inc.		63,300		1,489,474
	Fujikura Composites, Inc.		111,200		844,635
	Fujishoji Co. Ltd.		51,100		565,715
	FuKoKu Co. Ltd.		66,400		518,104
	Furukawa Battery Co. Ltd.		88,000		740,471
	Furyu Corp.		115,400		986,503
	Futaba Industrial Co. Ltd.		341,300		1,142,891
	Gakkyusha Co. Ltd.		49,300		784,396
#	Genki Sushi Co. Ltd.		32,500		775,852
	Geo Holdings Corp.		156,700		1,895,762
#	Gift Holdings, Inc.		23,300		813,800
	GLOBERIDE, Inc.		106,198		1,946,792
	Golf Digest Online, Inc.		64,100		432,874
*	Greens Co. Ltd.		1,800		19,473
#	GSI Creos Corp.		63,184		865,204
	G-Tekt Corp.		141,100		1,545,724
	Gunze Ltd.		94,300		3,261,548
#	Hagihara Industries, Inc.		77,700		737,174
#	Hamee Corp.		36,100		260,696
	Handsman Co. Ltd.		43,500		364,021
	Happinet Corp.		97,600		1,409,280
	Hard Off Corp. Co. Ltd.		58,800		612,302
	Heiwa Corp.		342,300		6,758,411
#	HI-LEX Corp.		128,700		1,159,264
	Himaraya Co. Ltd.		32,100		224,040
	H-One Co. Ltd.		112,100		553,674

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	Honeys Holdings Co. Ltd.		116,940	$	1,353,677
	Hoosiers Holdings Co. Ltd.		207,900		1,292,575
#	Hotland Co. Ltd.		46,100		529,092
	I K K Holdings, Inc.		5,800		28,685
	IBJ, Inc.		125,900		601,321
#	Ichibanya Co. Ltd.		30,658		1,217,880
	Ichikoh Industries Ltd.		194,100		785,602
#	IDOM, Inc.		346,000		2,139,416
	IJTT Co. Ltd.		133,980		521,320
#	Imasen Electric Industrial		37,400		204,521
# *	Istyle, Inc.		181,098		722,306
* ††	Izuhakone Railway Co. Ltd.		300		0
	Izumi Co. Ltd.		124,600		2,930,090
	JANOME Corp.		109,400		499,660
	Japan Best Rescue System Co. Ltd.		55,600		316,928
	Japan Wool Textile Co. Ltd.		308,400		2,289,940
	JINS Holdings, Inc.		82,900		1,785,225
# *	Joban Kosan Co. Ltd.		41,499		374,316
	Joshin Denki Co. Ltd.		108,200		1,613,769
	Joyful Honda Co. Ltd.		150,200		2,001,012
	JP-Holdings, Inc.		360,900		829,880
	JVCKenwood Corp.		1,013,800		3,455,414
# *	Kasai Kogyo Co. Ltd.		48,300		69,681
	Kawai Musical Instruments Manufacturing Co. Ltd.		36,600		831,662
	Keiyo Co. Ltd.		245,000		1,515,218
	KeyHolder, Inc.		3,600		26,128
	KFC Holdings Japan Ltd.		87,300		1,857,489
#	King Co. Ltd.		54,100		206,801
#	Kintetsu Department Store Co. Ltd.		2,200		40,144
#	Ki-Star Real Estate Co. Ltd.		55,900		1,679,829
*	KNT-CT Holdings Co. Ltd.		1,100		12,716
	Kohnan Shoji Co. Ltd.		155,000		4,182,003
#	Kojima Co. Ltd.		197,700		828,686
	Komatsu Matere Co. Ltd.		195,000		987,123
	KOMEDA Holdings Co. Ltd.		300,500		5,671,870
#	Komehyo Holdings Co. Ltd.		42,400		866,438
	Komeri Co. Ltd.		194,700		4,528,863
#	Konaka Co. Ltd.		163,506		423,547
	Koshidaka Holdings Co. Ltd.		54,600		462,241
#	Kotobukiya Co. Ltd.		1,800		125,103
	K’s Holdings Corp.		421,700		3,737,623
	KU Holdings Co. Ltd.		115,500		1,212,486
	Kurabo Industries Ltd.		110,900		2,039,957
	KYB Corp.		110,600		3,528,325
#	Kyoritsu Maintenance Co. Ltd.		143,900		5,808,681
#	LEC, Inc.		142,200		896,641
	LITALICO, Inc.		117,100		2,098,421
*	Locondo, Inc.		21,000		277,568
	Look Holdings, Inc.		37,100		621,737
	Mamiya-Op Co. Ltd.		1,800		19,279
	Mars Group Holdings Corp.		75,500		1,688,291
#	Maruzen CHI Holdings Co. Ltd.		106,300		277,509
	Matsuoka Corp.		10,200		107,867
# *	Media Do Co. Ltd.		54,200		559,337
#	Meiwa Estate Co. Ltd.		73,200		439,154
#	Mikuni Corp.		147,800		368,461
	Mitsuba Corp.		195,288		846,201
	Mizuno Corp.		109,700		2,738,181
	Monogatari Corp.		191,400		4,023,173

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Morito Co. Ltd.		107,800	$	846,556
	MrMax Holdings Ltd.		159,300		733,839
	Murakami Corp.		31,800		657,463
	Musashi Seimitsu Industry Co. Ltd.		291,800		3,933,283
	Nafco Co. Ltd.		54,200		740,267
	Nagase Brothers, Inc.		600		8,661
#	Nagawa Co. Ltd.		31,800		1,484,923
	Nakayamafuku Co. Ltd.		41,800		104,223
#	New Art Holdings Co. Ltd.		31,734		407,324
#	Nextage Co. Ltd.		282,200		5,119,228
	NHK Spring Co. Ltd.		915,656		6,788,787
	Nichirin Co. Ltd.		61,160		1,058,397
#	Nihon House Holdings Co. Ltd.		239,600		688,955
	Nihon Plast Co. Ltd.		55,200		169,883
	Nihon Tokushu Toryo Co. Ltd.		80,400		592,110
#	Nippon Felt Co. Ltd.		84,000		257,534
#	Nippon Piston Ring Co. Ltd.		48,600		482,406
	Nippon Seiki Co. Ltd.		304,500		1,937,944
	Nishikawa Rubber Co. Ltd.		38,500		340,609
#	Nishimatsuya Chain Co. Ltd.		242,400		2,874,767
	Nissan Shatai Co. Ltd.		468,700		3,220,219
	Nissan Tokyo Sales Holdings Co. Ltd.		166,400		429,726
	NITTAN Corp.		93,500		170,496
	Nojima Corp.		392,300		4,208,431
	NOK Corp.		349,280		4,706,923
	Ohashi Technica, Inc.		67,600		795,801
	Ohsho Food Service Corp.		65,100		2,964,621
#	Onward Holdings Co. Ltd.		598,200		1,655,296
*	Ootoya Holdings Co. Ltd.		800		22,895
#	Ozu Corp.		22,200		293,791
	Pacific Industrial Co. Ltd.		264,400		2,389,030
	PAL GROUP Holdings Co. Ltd.		134,700		3,092,281
	PALTAC Corp.		30,800		1,181,700
#	PAPYLESS Co. Ltd.		19,200		151,853
	Paris Miki Holdings, Inc.		115,700		286,088
	PC Depot Corp.		166,481		364,047
# *	PIA Corp.		1,700		41,382
	Piolax, Inc.		168,500		2,501,757
	Poppins Corp.		2,900		40,331
	Press Kogyo Co. Ltd.		563,500		2,260,222
	Pressance Corp.		109,900		1,587,127
	QB Net Holdings Co. Ltd.		58,700		587,793
#	Raccoon Holdings, Inc.		111,700		600,117
	Renaissance, Inc.		3,500		24,501
	Resorttrust, Inc.		514,664		8,498,548
	Rhythm Co. Ltd.		43,600		625,117
	Riberesute Corp.		46,100		280,082
	Ride On Express Holdings Co. Ltd.		46,900		372,622
*	Right On Co. Ltd.		92,925		395,892
	Riken Corp.		49,952		1,005,056
	Riso Kyoiku Co. Ltd.		692,900		1,512,509
#	Rock Field Co. Ltd.		94,800		1,059,758
	Roland Corp.		58,400		1,750,591
	Round One Corp.		1,080,000		4,671,828
#	Sac’s Bar Holdings, Inc.		122,950		795,816
	San Holdings, Inc.		59,900		1,022,037
*	Sanden Corp.		10,400		17,005
	Sanei Architecture Planning Co. Ltd.		55,200		594,762
	Sangetsu Corp.		276,750		4,614,805

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Sankyo Seiko Co. Ltd.		232,800	$	1,000,922
	Sanoh Industrial Co. Ltd.		154,900		784,391
	Sanwa Co. Ltd./Kitahama Chuo-Ku Osaka		3,300		19,626
#	Sanyo Shokai Ltd.		55,799		656,061
	Scroll Corp.		181,700		1,055,727
	Seiko Group Corp.		165,881		3,641,120
#	Seiren Co. Ltd.		265,200		4,409,449
# *	Senshukai Co. Ltd.		174,600		527,761
	Seria Co. Ltd.		217,424		3,865,126
#	Shidax Corp.		147,200		776,964
	Shikibo Ltd.		69,100		520,394
	Shin-Nihon Tatemono Co. Ltd.		29,800		105,660
	Shoei Co. Ltd.		308,400		5,721,154
*	Silver Life Co. Ltd.		15,300		143,570
#	Snow Peak, Inc.		173,900		2,634,571
	SNT Corp.		158,100		286,369
	Soft99 Corp.		84,400		803,204
	Sotoh Co. Ltd.		49,100		292,640
	SPK Corp.		48,600		625,262
#	Sprix, Inc.		34,300		233,789
	St. Marc Holdings Co. Ltd.		110,000		1,500,869
	Step Co. Ltd.		60,800		829,691
#	Suminoe Textile Co. Ltd.		24,400		401,320
	Sumitomo Riko Co. Ltd.		249,100		1,326,352
	Suncall Corp.		115,600		497,368
#	Syuppin Co. Ltd.		132,200		858,926
	T RAD Co. Ltd.		35,100		611,423
	Tachikawa Corp.		71,600		667,096
	Tachi-S Co. Ltd.		186,240		1,668,238
#	Taiho Kogyo Co. Ltd.		98,401		527,074
	Takasho Co. Ltd.		17,600		90,570
	Take & Give Needs Co. Ltd.		14,900		150,412
	Tama Home Co. Ltd.		96,400		2,636,945
	Tamron Co. Ltd.		103,400		2,522,741
# *	Tbk Co. Ltd.		149,200		301,480
	Tear Corp.		57,300		188,815
	Temairazu, Inc.		14,900		533,208
	T-Gaia Corp.		131,100		1,608,369
	Tigers Polymer Corp.		79,800		265,560
	Toa Corp.		144,900		910,728
	Tokai Rika Co. Ltd.		321,100		4,435,675
#	Token Corp.		44,650		2,597,357
	Tokyo Base Co. Ltd.		23,400		77,388
	Tokyo Individualized Educational Institute, Inc.		103,700		414,045
	Tokyo Radiator Manufacturing Co. Ltd.		24,300		98,032
	Tokyotokeiba Co. Ltd.		93,400		2,948,688
	Tomy Co. Ltd.		549,293		6,206,592
	Topre Corp.		216,500		2,193,795
	Toridoll Holdings Corp.		284,000		6,057,568
	Tosho Co. Ltd.		9,700		97,954
	Toyo Tire Corp.		447,500		5,331,515
	Toyoda Gosei Co. Ltd.		36,000		617,396
	TPR Co. Ltd.		148,262		1,529,761
	Treasure Factory Co. Ltd.		20,600		262,542
	TS Tech Co. Ltd.		444,986		6,000,394
	TSI Holdings Co. Ltd.		292,595		1,394,306
	Tsuburaya Fields Holdings, Inc.		59,300		807,076
	Tsukada Global Holdings, Inc.		86,100		282,899
#	Tsutsumi Jewelry Co. Ltd.		39,000		646,405

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	Twinbird Corp.		9,200	$	35,990
	Unipres Corp.		222,497		1,549,910
	United Arrows Ltd.		34,100		497,691
*	Unitika Ltd.		364,700		583,621
*	Universal Entertainment Corp.		99,600		2,096,739
#	Valuence Holdings, Inc.		1,600		26,767
*	Village Vanguard Co. Ltd.		36,600		282,440
	VT Holdings Co. Ltd.		474,400		1,863,222
	Wacoal Holdings Corp.		262,300		5,100,571
	Waseda Academy Co. Ltd.		43,600		442,074
	Watts Co. Ltd.		52,100		268,480
	Weds Co. Ltd.		14,500		70,404
	World Co. Ltd.		94,100		1,052,409
	Xebio Holdings Co. Ltd.		156,896		1,392,424
#	Yachiyo Industry Co. Ltd.		48,100		433,892
	Yagi & Co. Ltd.		18,600		172,174
	Yamae Group Holdings Co. Ltd.		11,200		179,300
#	Yasunaga Corp.		30,700		233,288
	Yellow Hat Ltd.		217,900		3,097,124
	Yondoshi Holdings, Inc.		101,520		1,327,700
	Yonex Co. Ltd.		139,600		1,666,691
	Yorozu Corp.		103,600		687,181
	Yoshinoya Holdings Co. Ltd.		309,000		5,713,140
	Yutaka Giken Co. Ltd.		8,700		115,474
TOTAL CONSUMER DISCRETIONARY					419,916,117
CONSUMER STAPLES — (8.1%)
	Aeon Hokkaido Corp.		176,000		1,055,872
	AFC-HD AMS Life Science Co. Ltd.		53,800		300,627
#	Ain Holdings, Inc.		119,800		4,981,738
	Albis Co. Ltd.		38,700		705,115
	Arcs Co. Ltd.		263,600		4,792,570
	Artnature, Inc.		116,400		669,522
	Axial Retailing, Inc.		107,000		2,777,015
*	Axxzia, Inc.		4,800		39,386
	Belc Co. Ltd.		66,900		3,022,515
	Bourbon Corp.		54,800		857,019
	Bull-Dog Sauce Co. Ltd.		3,000		45,222
#	Cawachi Ltd.		79,400		1,361,185
#	C’BON COSMETICS Co. Ltd.		10,800		126,105
	Chubu Shiryo Co. Ltd.		132,400		1,085,318
	Chuo Gyorui Co. Ltd.		9,800		215,801
	Como Co. Ltd.		2,600		52,125
	Cota Co. Ltd.		124,950		1,532,045
	Create SD Holdings Co. Ltd.		139,300		3,379,036
#	Daikokutenbussan Co. Ltd.		33,700		1,349,200
	Delica Foods Holdings Co. Ltd.		66,400		302,371
	DyDo Group Holdings, Inc.		56,600		2,115,653
	Ebara Foods Industry, Inc.		30,900		703,140
	Eco’s Co. Ltd.		45,800		639,639
#	Ensuiko Sugar Refining Co. Ltd.		86,200		127,402
	Ezaki Glico Co. Ltd.		211,100		5,429,636
	Feed One Co. Ltd.		153,348		835,377
	Fuji Oil Holdings, Inc.		240,200		3,710,908
	Fujicco Co. Ltd.		119,700		1,694,670
#	Fujiya Co. Ltd.		68,900		1,279,175
	G-7 Holdings, Inc.		141,300		1,489,909
	Genky DrugStores Co. Ltd.		50,300		1,486,814
	H2O Retailing Corp.		506,645		6,003,551

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER STAPLES — (Continued)
	HABA Laboratories, Inc.		15,000	$	259,440
	Hagoromo Foods Corp.		17,900		390,370
	Halows Co. Ltd.		56,100		1,330,425
	Heiwado Co. Ltd.		182,800		2,777,490
	Hokkaido Coca-Cola Bottling Co. Ltd.		18,699		652,135
	Hokuto Corp.		139,200		1,910,663
	House Foods Group, Inc.		34,100		749,795
#	Ichimasa Kamaboko Co. Ltd.		46,500		265,338
	Imuraya Group Co. Ltd.		61,500		1,047,067
#	Inageya Co. Ltd.		45,900		557,270
*	I-NE Co. Ltd.		15,400		367,726
	Itochu-Shokuhin Co. Ltd.		35,100		1,407,338
	Itoham Yonekyu Holdings, Inc.		721,400		3,953,836
	Iwatsuka Confectionery Co. Ltd.		8,700		308,525
	JM Holdings Co. Ltd.		77,000		1,126,494
	J-Oil Mills, Inc.		122,300		1,451,708
	Kadoya Sesame Mills, Inc.		15,600		407,700
#	Kakiyasu Honten Co. Ltd.		53,400		898,949
	Kameda Seika Co. Ltd.		66,800		2,224,422
#	Kaneko Seeds Co. Ltd.		44,700		526,038
	Kanemi Co. Ltd.		1,200		25,537
	Kato Sangyo Co. Ltd.		148,900		3,959,413
	Kenko Mayonnaise Co. Ltd.		73,300		670,691
	Kibun Foods, Inc.		13,800		106,683
#	Kitanotatsujin Corp.		386,557		890,168
	Koike-ya, Inc.		300		12,139
	Kotobuki Spirits Co. Ltd.		58,600		4,327,299
	Kusuri no Aoki Holdings Co. Ltd.		84,200		4,040,251
	Kyokuyo Co. Ltd.		59,099		1,555,000
#	Lacto Japan Co. Ltd.		47,000		715,929
	Life Corp.		83,500		1,771,257
	Mandom Corp.		216,800		2,577,171
	Marudai Food Co. Ltd.		123,800		1,399,312
	Maruha Nichiro Corp.		216,707		4,034,474
	Maxvalu Tokai Co. Ltd.		47,000		936,579
	Medical System Network Co. Ltd.		152,000		455,180
	Megmilk Snow Brand Co. Ltd.		271,100		3,891,028
	Meito Sangyo Co. Ltd.		54,100		688,168
	Milbon Co. Ltd.		165,752		6,988,498
	Ministop Co. Ltd.		89,500		928,918
	Mitsubishi Shokuhin Co. Ltd.		99,700		2,575,625
	Mitsui DM Sugar Holdings Co. Ltd.		109,370		1,834,186
	Miyoshi Oil & Fat Co. Ltd.		32,900		240,682
	Morinaga & Co. Ltd.		215,699		6,392,339
	Morinaga Milk Industry Co. Ltd.		166,400		6,258,446
	Morozoff Ltd.		37,400		998,833
#	MTG Co. Ltd.		24,700		253,196
	Nagatanien Holdings Co. Ltd.		74,900		1,211,485
	Nakamuraya Co. Ltd.		25,999		606,452
#	Natori Co. Ltd.		65,000		953,919
	Nichimo Co. Ltd.		16,300		377,341
	Nihon Chouzai Co. Ltd.		73,420		666,702
	Niitaka Co. Ltd.		12,960		207,548
	Nippn Corp.		327,800		4,261,272
	Nippon Beet Sugar Manufacturing Co. Ltd.		63,200		802,470
	Nishimoto Co. Ltd.		19,500		555,493
	Nisshin Oillio Group Ltd.		151,900		3,796,588
	Nissui Corp.		1,771,500		7,745,841
	Nitto Fuji Flour Milling Co. Ltd.		16,200		534,918

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

			Shares		Value»
CONSUMER STAPLES — (Continued)
	Noevir Holdings Co. Ltd.			85,800	$	3,500,271
#	Oenon Holdings, Inc.			294,200		613,586
	OIE Sangyo Co. Ltd.			22,000		181,909
# *	Oisix ra daichi, Inc.			171,900		3,216,266
	Okuwa Co. Ltd.			155,300		1,024,793
	OUG Holdings, Inc.			21,300		385,087
	Pickles Holdings Co. Ltd.			56,900		492,650
	Pigeon Corp.			610,125		9,500,603
	Premium Water Holdings, Inc.			8,100		143,958
	Prima Meat Packers Ltd.			171,000		2,895,712
	Qol Holdings Co. Ltd.			159,100		1,458,559
	Retail Partners Co. Ltd.			108,800		1,223,945
	Riken Vitamin Co. Ltd.			139,200		2,088,002
#	Rokko Butter Co. Ltd.			84,200		872,393
	S Foods, Inc.			112,762		2,508,760
	S&B Foods, Inc.			42,798		1,115,453
#	Sagami Rubber Industries Co. Ltd.			56,000		348,754
	San-A Co. Ltd.			118,000		3,989,845
	Sapporo Holdings Ltd.			203,120		5,666,667
	Sato Foods Co. Ltd.			800		29,385
	Satudora Holdings Co. Ltd.			3,900		25,458
#	Shinnihonseiyaku Co. Ltd.			42,700		445,867
	Shinobu Foods Products Co. Ltd.			1,600		8,508
#	Shoei Foods Corp.			56,000		1,647,454
	Showa Sangyo Co. Ltd.			114,300		2,250,077
	Soiken Holdings, Inc.			33,500		67,740
	ST Corp.			38,000		443,819
	Starzen Co. Ltd.			86,100		1,481,009
	Takara Holdings, Inc.			603,500		4,755,713
	Toho Co. Ltd.			49,900		874,292
	Torigoe Co. Ltd.			94,500		432,236
	Transaction Co. Ltd.			89,700		1,134,416
	United Super Markets Holdings, Inc.			344,500		2,976,255
	Valor Holdings Co. Ltd.			216,000		3,306,719
	Warabeya Nichiyo Holdings Co. Ltd.			84,760		1,396,156
	Watahan & Co. Ltd.			94,100		989,886
	Wellneo Sugar Co. Ltd.			98,300		1,242,884
	Yaizu Suisankagaku Industry Co. Ltd.			62,100		378,804
	YAKUODO Holdings Co. Ltd.	��		69,400		1,268,578
#	YA-MAN Ltd.			194,200		1,676,980
	Yamatane Corp.			59,000		733,085
#	Yamaya Corp.			23,500		463,551
	Yamazawa Co. Ltd.			11,800		110,464
#	Yaoko Co. Ltd.			66,100		3,464,935
	Yokorei Co. Ltd.			296,900		2,389,535
	Yomeishu Seizo Co. Ltd.			48,700		679,074
	Yuasa Funashoku Co. Ltd.			14,300		289,484
	Yukiguni Maitake Co. Ltd.			42,300		316,690
	Yutaka Foods Corp.			3,900		57,311
TOTAL CONSUMER STAPLES						233,588,999
ENERGY — (0.8%)
#	BP Castrol KK.			44,100		294,491
	Fuji Kosan Co. Ltd.			4,400		38,422
#	Fuji Oil Co. Ltd.			255,300		501,404
	Itochu Enex Co. Ltd.			346,100		2,962,339
	Japan Oil Transportation Co. Ltd.			14,800		284,295
	Japan Petroleum Exploration Co. Ltd.			215,300		7,163,958
	Mitsuuroko Group Holdings Co. Ltd.			195,200		1,915,396

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (Continued)
*	Nippon Coke & Engineering Co. Ltd.		949,100	$	635,667
	Sala Corp.		315,700		1,785,913
	San-Ai Obbli Co. Ltd.		380,000		4,003,692
	Sinanen Holdings Co. Ltd.		46,500		1,294,179
	Toyo Kanetsu KK.		48,100		961,565
TOTAL ENERGY.					21,841,321
FINANCIALS — (8.8%)
	77 Bank Ltd.		351,052		5,707,361
	Advance Create Co. Ltd.		63,400		522,541
	AEON Financial Service Co. Ltd.		113,800		1,013,687
	Aichi Financial Group, Inc.		223,570		3,510,818
	Aiful Corp.		1,103,100		3,000,384
#	Aizawa Securities Group Co. Ltd.		200,800		1,035,492
	Akatsuki Corp.		144,000		336,289
	Akita Bank Ltd.		88,440		1,169,477
	Anicom Holdings, Inc.		147,600		574,599
	Aruhi Corp.		50,500		402,423
	Asax Co. Ltd.		9,300		42,321
	Awa Bank Ltd.		207,100		3,097,566
	Bank of Iwate Ltd.		82,982		1,324,487
	Bank of Kochi Ltd.		51,900		261,277
	Bank of Nagoya Ltd.		66,130		1,672,355
	Bank of Saga Ltd.		80,920		995,150
	Bank of the Ryukyus Ltd.		261,280		1,781,423
#	Bank of Toyama Ltd.		9,200		110,974
#	Casa, Inc.		28,400		179,698
	Chiba Kogyo Bank Ltd.		284,858		1,172,212
	Chugin Financial Group, Inc.		686,300		4,605,087
	Credit Saison Co. Ltd.		123,800		1,715,238
	Daishi Hokuetsu Financial Group, Inc.		256,100		5,707,069
	Daito Bank Ltd.		49,700		238,779
	eGuarantee, Inc.		221,400		3,440,612
#	Ehime Bank Ltd.		198,673		1,246,360
#	Entrust, Inc.		54,900		385,020
	FIDEA Holdings Co. Ltd.		121,990		1,215,541
	Financial Partners Group Co. Ltd.		9,500		77,346
	Fintech Global, Inc.		24,600		13,383
#	First Bank of Toyama Ltd.		311,400		1,431,007
#	First Brothers Co. Ltd.		34,600		226,901
	Fukui Bank Ltd.		119,700		1,298,040
	Fuyo General Lease Co. Ltd.		97,900		7,164,831
	GMO Financial Gate, Inc.		14,200		1,146,534
#	GMO Financial Holdings, Inc.		243,300		1,110,923
	Gunma Bank Ltd.		2,072,540		7,097,274
	Hachijuni Bank Ltd.		1,557,300		6,976,872
	Hirogin Holdings, Inc.		1,509,400		7,485,891
# *	Hirose Tusyo, Inc.		20,800		411,509
	Hokkoku Financial Holdings, Inc.		139,100		4,860,989
	Hokuhoku Financial Group, Inc.		777,800		5,605,743
	HS Holdings Co. Ltd.		148,300		1,102,204
	Hyakugo Bank Ltd.		1,361,409		3,930,927
	Hyakujushi Bank Ltd.		134,700		1,849,916
	Ichiyoshi Securities Co. Ltd.		220,700		959,098
	IwaiCosmo Holdings, Inc.		118,400		1,155,721
	Iyogin Holdings, Inc.		1,256,518		7,357,269
#	J Trust Co. Ltd.		309,241		902,114
	Jaccs Co. Ltd.		139,800		4,686,200
	JAFCO Group Co. Ltd.		533,900		6,803,010

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FINANCIALS — (Continued)
#	Japan Investment Adviser Co. Ltd.		70,300	$	575,969
	Japan Securities Finance Co. Ltd.		577,000		4,354,625
#	Jimoto Holdings, Inc.		41,850		123,915
	J-Lease Co. Ltd.		31,900		475,689
	Juroku Financial Group, Inc.		188,800		4,179,541
	Keiyo Bank Ltd.		627,600		2,606,496
	Kita-Nippon Bank Ltd.		43,506		663,286
	Kiyo Bank Ltd.		397,390		4,646,892
	Kyokuto Securities Co. Ltd.		152,800		682,269
	Kyushu Financial Group, Inc.		1,975,137		7,119,870
	Kyushu Leasing Service Co. Ltd.		34,000		218,207
*	M&A Capital Partners Co. Ltd.		89,400		2,525,552
#	Marusan Securities Co. Ltd.		336,700		1,042,153
	Matsui Securities Co. Ltd.		589,300		3,372,272
	Mercuria Holdings Co. Ltd.		58,400		309,807
#	Minkabu The Infonoid, Inc.		21,700		270,677
	Mito Securities Co. Ltd.		338,900		735,846
	Miyazaki Bank Ltd.		98,200		1,758,135
	Mizuho Leasing Co. Ltd.		173,100		4,850,650
	Monex Group, Inc.		1,037,500		3,939,976
	Money Partners Group Co. Ltd.		138,500		272,333
#	Mortgage Service Japan Ltd.		26,100		128,809
	Musashino Bank Ltd.		176,100		2,859,076
#	Nagano Bank Ltd.		48,599		548,346
	Nanto Bank Ltd.		171,700		3,127,840
	NEC Capital Solutions Ltd.		60,200		1,189,382
	Nishi-Nippon Financial Holdings, Inc.		739,500		6,160,679
	North Pacific Bank Ltd.		1,750,800		3,745,743
# *	OAK Capital Corp.		264,800		157,785
	Ogaki Kyoritsu Bank Ltd.		225,300		3,068,122
	Oita Bank Ltd.		89,199		1,356,289
	Okasan Securities Group, Inc.		952,800		2,994,863
	Okinawa Financial Group, Inc.		140,160		2,163,838
	Orient Corp.		278,390		2,322,509
	Premium Group Co. Ltd.		163,200		1,959,422
	Procrea Holdings, Inc.		236,072		3,777,257
	Ricoh Leasing Co. Ltd.		95,200		2,753,787
	San ju San Financial Group, Inc.		118,793		1,392,827
	San-In Godo Bank Ltd.		937,900		5,270,324
	SBI Global Asset Management Co. Ltd.		131,300		484,726
	SBI Insurance Group Co. Ltd.		7,600		52,947
	Senshu Ikeda Holdings, Inc.		1,298,928		2,284,595
	Shiga Bank Ltd.		279,100		5,818,003
	Shikoku Bank Ltd.		224,500		1,458,328
	Shimizu Bank Ltd.		58,200		624,202
	Sparx Group Co. Ltd.		115,060		1,255,003
	Strike Co. Ltd.		51,700		1,387,544
	Suruga Bank Ltd.		883,900		3,352,658
#	Taiko Bank Ltd.		41,800		337,575
	Tochigi Bank Ltd.		565,200		1,154,084
	Toho Bank Ltd.		1,273,700		2,102,404
#	Tohoku Bank Ltd.		61,300		441,282
	Tokai Tokyo Financial Holdings, Inc.		1,287,200		3,332,035
	Tokyo Kiraboshi Financial Group, Inc.		165,038		3,361,863
	Tomato Bank Ltd.		32,700		247,197
	TOMONY Holdings, Inc.		930,943		2,532,441
#	Tottori Bank Ltd.		51,600		446,657
	Towa Bank Ltd.		229,600		943,663
#	Toyo Securities Co. Ltd.		385,500		930,063

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FINANCIALS — (Continued)
	Traders Holdings Co. Ltd.		13,720	$	48,600
	Tsukuba Bank Ltd.		494,300		769,700
	Wellnet Corp.		59,600		299,652
	Yamagata Bank Ltd.		143,600		1,140,518
	Yamaguchi Financial Group, Inc.		1,237,672		7,610,110
	Yamanashi Chuo Bank Ltd.		162,526		1,356,760
TOTAL FINANCIALS					253,591,610
HEALTH CARE — (4.9%)
	As One Corp.		99,100		4,198,324
	ASKA Pharmaceutical Holdings Co. Ltd.		130,700		1,225,328
	Astena Holdings Co. Ltd.		194,800		649,924
	BML, Inc.		145,400		3,265,454
#	Carenet, Inc.		130,800		902,574
	CE Holdings Co. Ltd.		9,500		37,032
# *	CellSource Co. Ltd.		21,100		398,827
	Charm Care Corp. KK.		112,500		896,346
	CMIC Holdings Co. Ltd.		63,200		904,700
	Create Medic Co. Ltd.		38,700		258,397
	Daiken Medical Co. Ltd.		99,400		358,260
	Daito Pharmaceutical Co. Ltd.		77,580		1,443,927
	Eiken Chemical Co. Ltd.		205,400		2,388,149
	Elan Corp.		208,600		1,562,109
	EM Systems Co. Ltd.		33,800		195,122
	FALCO HOLDINGS Co. Ltd.		53,300		792,405
	FINDEX, Inc.		94,500		437,118
	France Bed Holdings Co. Ltd.		158,600		1,261,132
	Fuji Pharma Co. Ltd.		97,600		886,691
	Fukuda Denshi Co. Ltd.		125,900		3,869,591
	Fuso Pharmaceutical Industries Ltd.		42,600		641,828
	H.U. Group Holdings, Inc.		334,600		6,764,341
	Hogy Medical Co. Ltd.		65,900		1,650,793
	Hoshi Iryo-Sanki Co. Ltd.		9,600		274,807
#	I’rom Group Co. Ltd.		38,400		511,248
*	Japan Hospice Holdings, Inc.		12,400		322,981
	Japan Lifeline Co. Ltd.		381,200		2,622,040
	Japan Medical Dynamic Marketing, Inc.		104,500		782,866
	JCR Pharmaceuticals Co. Ltd.		231,984		2,509,146
	Jeol Ltd.		183,800		5,362,641
	JMS Co. Ltd.		104,457		408,672
	Kaken Pharmaceutical Co. Ltd.		105,700		2,910,466
	Kanamic Network Co. Ltd.		139,700		450,301
	Kissei Pharmaceutical Co. Ltd.		174,100		3,527,159
#	Koa Shoji Holdings Co. Ltd.		4,100		22,078
	Kyorin Pharmaceutical Co. Ltd.		256,000		3,294,857
	Linical Co. Ltd.		69,400		356,267
	Mani, Inc.		373,400		4,886,541
	Medical Data Vision Co. Ltd.		162,400		968,802
	Medikit Co. Ltd.		2,000		34,711
#	Medius Holdings Co. Ltd.		68,500		426,505
	MedPeer, Inc.		7,900		64,368
	Menicon Co. Ltd.		304,900		6,475,861
#	Mizuho Medy Co. Ltd.		22,400		373,949
	Mochida Pharmaceutical Co. Ltd.		60,098		1,544,480
	Nakanishi, Inc.		335,800		6,361,665
	Nihon Kohden Corp.		127,900		3,538,814
	Nipro Corp.		856,500		6,450,740
	Paramount Bed Holdings Co. Ltd.		253,000		4,486,393
*	PeptiDream, Inc.		95,700		1,292,999

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HEALTH CARE — (Continued)
	PHC Holdings Corp.		4,800	$	49,322
*	RaQualia Pharma, Inc.		12,000		70,710
	Rion Co. Ltd.		51,800		767,720
	Sawai Group Holdings Co. Ltd.		168,900		4,887,216
#	Seed Co. Ltd.		68,100		286,762
	Seikagaku Corp.		233,700		1,434,608
	Shin Nippon Biomedical Laboratories Ltd.		134,300		2,453,433
	Ship Healthcare Holdings, Inc.		316,100		5,575,948
	Shofu, Inc.		67,400		1,035,100
#	Software Service, Inc.		18,600		1,191,968
	Solasto Corp.		331,500		1,545,961
	St-Care Holding Corp.		81,600		468,597
# *	SymBio Pharmaceuticals Ltd.		62,300		184,630
	Takara Bio, Inc.		173,400		2,188,007
	Techno Medica Co. Ltd.		14,700		193,893
	Toho Holdings Co. Ltd.		299,200		5,969,335
	Tokai Corp.		129,800		1,961,139
	Torii Pharmaceutical Co. Ltd.		88,300		2,241,742
	Towa Pharmaceutical Co. Ltd.		166,300		2,373,640
#	Trans Genic, Inc.		51,100		113,579
	Tsumura & Co.		283,918		5,761,104
	Value HR Co. Ltd.		92,800		1,033,079
	Vital KSK Holdings, Inc.		246,500		1,772,324
	Wakamoto Pharmaceutical Co. Ltd.		85,300		153,314
#	WIN-Partners Co. Ltd.		106,100		799,068
	ZERIA Pharmaceutical Co. Ltd.		52,300		937,388
TOTAL HEALTH CARE.					140,699,316
INDUSTRIALS — (29.0%)
	Advan Group Co. Ltd.		144,200		1,005,780
	Aeon Delight Co. Ltd.		114,400		2,535,200
	Aichi Corp.		223,100		1,382,545
	Aida Engineering Ltd.		303,600		1,912,491
*	Aidma Holdings, Inc.		5,500		111,973
	Airtech Japan Ltd.		2,000		16,270
	AIT Corp.		9,200		108,120
	Ajis Co. Ltd.		28,900		493,630
	Alconix Corp.		141,600		1,442,315
#	Alinco, Inc.		80,500		609,274
	Alps Logistics Co. Ltd.		110,100		1,051,571
#	Altech Corp.		101,970		1,925,596
	Anest Iwata Corp.		220,200		1,650,456
	Asahi Diamond Industrial Co. Ltd.		320,400		2,141,828
	Asahi Kogyosha Co. Ltd.		51,400		921,523
	Asanuma Corp.		83,700		1,923,622
#	Asukanet Co. Ltd.		31,200		216,785
#	AZ-COM MARUWA Holdings, Inc.		176,300		2,599,620
	Bando Chemical Industries Ltd.		207,500		1,666,955
	Bell System24 Holdings, Inc.		217,000		2,230,883
	Benefit One, Inc.		6,000		82,586
#	Br Holdings Corp.		221,200		612,805
#	Bunka Shutter Co. Ltd.		346,800		2,954,942
	Canare Electric Co. Ltd.		21,200		216,523
	Career Design Center Co. Ltd.		1,900		28,881
	Careerlink Co. Ltd.		21,900		355,994
	Central Glass Co. Ltd.		216,100		4,667,050
	Central Security Patrols Co. Ltd.		53,000		1,096,800
	Chilled & Frozen Logistics Holdings Co. Ltd.		98,500		959,895
*	Chiyoda Corp.		906,000		2,672,832

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Chiyoda Integre Co. Ltd.		66,200	$	1,133,165
	Chori Co. Ltd.		73,000		1,386,689
	Chudenko Corp.		183,100		3,002,915
	Chugai Ro Co. Ltd.		36,600		482,346
	Chuo Warehouse Co. Ltd.		21,000		167,580
	CKD Corp.		244,600		3,725,890
	CMC Corp.		30,200		309,226
	Cosel Co. Ltd.		146,800		1,174,526
	Creek & River Co. Ltd.		67,100		1,049,982
*	CrowdWorks, Inc.		8,100		85,287
	CTI Engineering Co. Ltd.		69,200		1,682,917
	CTS Co. Ltd.		157,100		911,252
	Dai-Dan Co. Ltd.		89,200		1,613,220
#	Daido Kogyo Co. Ltd.		41,000		229,808
	Daihatsu Diesel Manufacturing Co. Ltd.		119,100		554,913
	Daihen Corp.		123,600		4,070,312
	Daiho Corp.		69,700		2,002,460
	Dai-Ichi Cutter Kogyo KK		46,300		424,069
	Daiichi Jitsugyo Co. Ltd.		51,100		2,180,406
	Daiichi Kensetsu Corp.		35,200		365,421
#	Daiki Axis Co. Ltd.		41,900		220,106
	Daiseki Co. Ltd.		286,755		8,204,170
#	Daiseki Eco. Solution Co. Ltd.		21,959		152,819
	Daisue Construction Co. Ltd.		48,200		434,377
	Daiwa Industries Ltd.		188,100		1,986,845
	Denyo Co. Ltd.		96,400		1,346,981
	Dip Corp.		207,935		5,130,189
	DMG Mori Co. Ltd.		731,800		11,740,020
	DMW Corp.		4,800		114,538
	Duskin Co. Ltd.		261,100		6,405,340
	Ebara Jitsugyo Co. Ltd.		64,800		1,420,524
#	Eidai Co. Ltd.		184,700		300,292
	EJ Holdings, Inc.		30,100		357,497
	en Japan, Inc.		189,208		3,396,338
	Endo Lighting Corp.		56,300		435,995
#	Envipro Holdings, Inc.		34,400		151,083
	ERI Holdings Co. Ltd.		14,100		144,117
	EXEO Group, Inc.		414,900		7,698,514
	F&M Co. Ltd.		44,400		696,654
# *	FDK Corp.		64,298		407,230
	Forum Engineering, Inc.		24,500		152,846
	Freund Corp.		75,600		356,049
	Fudo Tetra Corp.		97,080		1,276,037
	Fuji Corp.		369,200		6,192,651
	Fuji Die Co. Ltd.		55,300		301,059
	Fuji Furukawa Engineering & Construction Co. Ltd.		1,800		48,598
	Fujikura Ltd.		631,500		4,305,640
	Fujisash Co. Ltd.		573,900		281,954
#	Fukuda Corp.		53,200		1,893,206
	Fukushima Galilei Co. Ltd.		79,400		2,994,114
	Fukuvi Chemical Industry Co. Ltd.		10,600		47,731
	Fukuyama Transporting Co. Ltd.		94,357		2,522,085
	FULLCAST Holdings Co. Ltd.		126,600		2,298,487
	Funai Soken Holdings, Inc.		241,570		4,630,794
	Furukawa Co. Ltd.		189,400		1,871,815
	Furukawa Electric Co. Ltd.		418,600		7,663,927
	Futaba Corp.		208,200		804,060
#	Gakujo Co. Ltd.		5,600		66,638
	Gecoss Corp.		95,900		628,682

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Giken Ltd.		8,200	$	128,878
	Glory Ltd.		288,855		6,141,466
	gremz, Inc.		27,900		442,828
	GS Yuasa Corp.		393,683		6,928,722
	Hamakyorex Co. Ltd.		100,900		2,581,759
	Hanwa Co. Ltd.		169,500		5,248,579
	Hashimoto Sogyo Holdings Co. Ltd.		8,140		66,912
#	Hazama Ando Corp.		1,150,400		7,594,142
#	Helios Techno Holding Co. Ltd.		106,400		532,040
	Hibiya Engineering Ltd.		109,900		1,820,568
	Hirakawa Hewtech Corp.		70,800		753,595
#	Hirano Tecseed Co. Ltd.		56,700		918,290
#	Hirata Corp.		27,900		1,392,530
	Hisaka Works Ltd.		119,700		803,404
	Hitachi Zosen Corp.		1,041,679		6,460,190
	Hito Communications Holdings, Inc.		43,900		511,815
#	Hokuetsu Industries Co. Ltd.		137,200		1,406,275
#	Hokuriku Electrical Construction Co. Ltd.		89,040		541,828
	Hosokawa Micron Corp.		87,500		1,895,568
	Howa Machinery Ltd.		65,100		403,009
#	Ichikawa Co. Ltd.		1,000		9,841
	Ichiken Co. Ltd.		29,800		420,452
	Ichinen Holdings Co. Ltd.		125,100		1,271,307
	Idec Corp.		187,600		4,594,017
	Iino Kaiun Kaisha Ltd.		490,700		3,692,518
	Imura & Co. Ltd.		13,700		101,541
	Inaba Denki Sangyo Co. Ltd.		319,300		7,131,870
	Inaba Seisakusho Co. Ltd.		61,700		659,406
	Inabata & Co. Ltd.		280,200		5,719,729
	Infomart Corp.		882,300		1,896,511
	INFRONEER Holdings, Inc.		404,288		3,193,304
	Insource Co. Ltd.		295,300		2,709,572
#	Inui Global Logistics Co. Ltd.		80,380		1,021,683
	IR Japan Holdings Ltd.		56,500		890,883
	Iseki & Co. Ltd.		114,049		1,007,200
	Ishii Iron Works Co. Ltd.		11,000		184,011
	Itoki Corp.		213,100		1,267,888
	Iwaki Co. Ltd.		56,100		538,456
	JAC Recruitment Co. Ltd.		105,100		1,963,714
	Japan Elevator Service Holdings Co. Ltd.		366,800		5,456,422
	Japan Foundation Engineering Co. Ltd.		119,000		470,490
	Japan Pulp & Paper Co. Ltd.		72,300		2,787,525
	Japan Steel Works Ltd.		72,600		1,318,987
	Japan Transcity Corp.		244,600		1,220,893
	JDC Corp.		79,900		361,444
	JK Holdings Co. Ltd.		87,140		679,784
#	Juki Corp.		174,000		822,119
	Kamei Corp.		148,700		1,707,663
	Kanaden Corp.		105,700		940,595
	Kanagawa Chuo Kotsu Co. Ltd.		42,800		1,006,697
	Kaname Kogyo Co. Ltd.		1,300		7,401
#	Kanamoto Co. Ltd.		195,900		3,281,925
	Kandenko Co. Ltd.		616,100		4,642,152
	Kanematsu Corp.		492,625		6,412,371
	Katakura Industries Co. Ltd.		151,500		2,024,198
	Kato Works Co. Ltd.		54,900		495,571
	Kawada Technologies, Inc.		32,300		968,967
	Kawata Manufacturing Co. Ltd.		23,300		149,990
#	Keihin Co. Ltd.		15,100		186,706

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	KFC Ltd.		8,700	$	84,115
	Kimura Chemical Plants Co. Ltd.		98,900		515,400
	Kimura Unity Co. Ltd.		47,000		364,017
#	King Jim Co. Ltd.		61,200		416,157
	Kitagawa Corp.		50,300		414,111
	Kitano Construction Corp.		24,072		573,276
	Kitz Corp.		405,100		2,770,403
# *	Kobe Electric Railway Co. Ltd.		37,299		879,265
	Koike Sanso Kogyo Co. Ltd.		13,400		235,550
	Kokuyo Co. Ltd.		449,525		6,424,031
	KOMAIHALTEC, Inc.		18,200		239,448
	Komatsu Wall Industry Co. Ltd.		49,300		851,068
	Komori Corp.		291,700		2,260,359
#	Kondotec, Inc.		114,200		857,469
	Konoike Transport Co. Ltd.		170,700		2,008,934
#	Kosaido Holdings Co. Ltd.		99,600		1,977,956
	Kozo Keikaku Engineering, Inc.		22,000		478,273
	KPP Group Holdings Co. Ltd.		231,500		1,105,222
	KRS Corp.		75,600		567,643
	Kumagai Gumi Co. Ltd.		213,600		4,541,312
	Kuroda Precision Industries Ltd.		700		8,088
	Kyodo Printing Co. Ltd.		43,500		905,548
	Kyokuto Boeki Kaisha Ltd.		66,000		736,767
	Kyokuto Kaihatsu Kogyo Co. Ltd.		198,600		2,504,184
	KYORITSU Co. Ltd.		151,200		165,850
	Kyudenko Corp.		216,100		5,762,640
#	LIKE, Inc.		66,300		932,028
	Link & Motivation, Inc.		252,500		906,574
*	LTS, Inc.		2,100		40,121
	Mabuchi Motor Co. Ltd.		252,834		7,135,527
#	Maezawa Industries, Inc.		49,000		272,409
#	Maezawa Kasei Industries Co. Ltd.		84,000		1,015,027
	Maezawa Kyuso Industries Co. Ltd.		122,700		970,145
#	Makino Milling Machine Co. Ltd.		145,100		5,307,306
#	Management Solutions Co. Ltd.		54,200		1,284,491
	Marufuji Sheet Piling Co. Ltd.		11,800		185,206
	MARUKA FURUSATO Corp.		45,807		887,281
#	Marumae Co. Ltd.		31,900		375,973
#	Maruyama Manufacturing Co., Inc.		18,000		250,864
	Maruzen Co. Ltd.		65,800		1,028,384
	Maruzen Showa Unyu Co. Ltd.		79,400		1,987,184
#	Matching Service Japan Co. Ltd.		52,000		389,216
	Matsuda Sangyo Co. Ltd.		75,682		1,257,784
#	Matsui Construction Co. Ltd.		125,500		659,099
	Max Co. Ltd.		158,700		2,534,429
	Meidensha Corp.		216,410		2,939,946
#	Meiho Facility Works Ltd.		36,100		207,364
	Meiji Electric Industries Co. Ltd.		52,500		464,738
#	Meiji Shipping Co. Ltd.		94,000		445,368
	Meisei Industrial Co. Ltd.		216,000		1,490,610
	Meitec Corp.		478,200		8,080,604
#	Meiwa Corp.		145,600		752,710
	MetaReal Corp.		22,800		226,556
	METAWATER Co. Ltd.		114,300		1,506,354
#	Midac Holdings Co. Ltd.		30,100		423,196
	Mie Kotsu Group Holdings, Inc.		346,700		1,498,588
	Mirai Industry Co. Ltd.		4,600		73,740
	Mirait One Corp.		565,135		7,019,729
	Mitani Corp.		294,600		2,901,317

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
#	Mitani Sangyo Co. Ltd.		145,000	$	344,973
	Mitsubishi Kakoki Kaisha Ltd.		39,000		698,364
	Mitsubishi Logisnext Co. Ltd.		184,400		1,342,913
	Mitsubishi Logistics Corp.		110,200		2,730,669
	Mitsubishi Pencil Co. Ltd.		133,500		1,746,393
	Mitsuboshi Belting Ltd.		95,300		2,730,315
*	Mitsui E&S Co. Ltd.		298,581		1,147,165
#	Mitsui Matsushima Holdings Co. Ltd.		71,100		1,658,030
	Mitsui-Soko Holdings Co. Ltd.		125,200		3,674,967
	Miyaji Engineering Group, Inc.		37,517		1,075,331
	Mori-Gumi Co. Ltd.		69,500		152,839
	Morita Holdings Corp.		208,200		2,194,151
#	NAC Co. Ltd.		61,300		432,726
	Nachi-Fujikoshi Corp.		86,900		2,455,833
#	Nadex Co. Ltd.		37,200		276,142
	Nagase & Co. Ltd.		584,600		9,210,466
	Naigai Trans Line Ltd.		41,700		791,965
	Nakabayashi Co. Ltd.		113,400		403,050
	Nakakita Seisakusho Co. Ltd.		3,700		63,326
	Nakamoto Packs Co. Ltd.		33,300		387,043
*	Nakamura Choukou Co. Ltd.		6,600		29,270
	Nakanishi Manufacturing Co. Ltd.		5,700		78,113
	Nakano Corp.		102,700		311,732
# *	Namura Shipbuilding Co. Ltd.		268,528		809,642
	Narasaki Sangyo Co. Ltd.		25,400		342,212
#	Nice Corp.		30,000		291,120
	Nichias Corp.		378,700		7,658,984
	Nichiban Co. Ltd.		68,100		1,007,085
	Nichiden Corp.		92,100		1,365,242
	Nichiha Corp.		159,280		3,365,352
	Nichireki Co. Ltd.		148,800		1,890,449
	Nihon Dengi Co. Ltd.		30,800		799,939
	Nihon Flush Co. Ltd.		122,000		927,551
	Nikkiso Co. Ltd.		304,400		2,137,980
	Nikko Co. Ltd.		168,400		800,873
	Nikkon Holdings Co. Ltd.		369,900		7,168,059
	Nippi, Inc.		11,900		337,158
#	Nippon Air Conditioning Services Co. Ltd.		187,100		1,017,289
	Nippon Aqua Co. Ltd.		55,400		359,076
	Nippon Carbon Co. Ltd.		66,200		2,028,629
	Nippon Concept Corp.		39,500		470,979
	Nippon Densetsu Kogyo Co. Ltd.		224,600		2,912,553
	Nippon Dry-Chemical Co. Ltd.		11,300		154,970
	Nippon Filcon Co. Ltd.		15,700		54,392
	Nippon Hume Corp.		137,300		796,902
	Nippon Koei Co. Ltd.		74,200		2,068,725
	Nippon Parking Development Co. Ltd.		1,222,100		2,106,361
	Nippon Rietec Co. Ltd.		26,400		247,851
	Nippon Road Co. Ltd.		20,400		1,209,573
	Nippon Seisen Co. Ltd.		14,800		492,844
	Nippon Sharyo Ltd.		40,999		629,361
*	Nippon Sheet Glass Co. Ltd.		559,900		2,709,850
	Nippon Thompson Co. Ltd.		338,500		1,466,263
	Nippon Tungsten Co. Ltd.		6,699		129,346
	Nishimatsu Construction Co. Ltd.		201,800		5,302,905
	Nishi-Nippon Railroad Co. Ltd.		259,200		4,753,813
	Nishio Holdings Co. Ltd.		123,800		2,941,828
#	Nissei ASB Machine Co. Ltd.		50,300		1,577,640
	Nissei Plastic Industrial Co. Ltd.		105,100		785,583

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Nisshinbo Holdings, Inc.		843,080	$	6,490,518
	Nissin Corp.		90,000		1,416,780
	Nisso Corp.		69,000		394,931
	Nitta Corp.		123,700		2,814,186
	Nitto Boseki Co. Ltd.		79,000		1,103,571
	Nitto Kogyo Corp.		166,300		3,292,720
	Nitto Kohki Co. Ltd.		69,900		1,033,537
	Nitto Seiko Co. Ltd.		186,200		831,602
	Nittoc Construction Co. Ltd.		117,600		873,287
	Nittoku Co. Ltd.		3,100		59,668
	NJS Co. Ltd.		36,800		622,594
	Noda Corp.		116,900		1,070,624
	Nomura Micro Science Co. Ltd.		39,900		1,238,195
	Noritake Co. Ltd.		57,700		1,981,706
	Noritsu Koki Co. Ltd.		117,500		1,931,398
	Noritz Corp.		175,100		2,374,431
#	NS Tool Co. Ltd.		105,300		877,866
	NS United Kaiun Kaisha Ltd.		58,900		1,724,985
	NTN Corp.		2,389,800		5,903,180
#	Obara Group, Inc.		72,300		2,272,712
#	Ochi Holdings Co. Ltd.		8,900		81,028
#	Odawara Engineering Co. Ltd.		9,900		120,191
#	Ohba Co. Ltd.		76,500		443,816
	Ohmoto Gumi Co. Ltd.		4,100		198,574
	Oiles Corp.		139,970		1,768,862
	Okabe Co. Ltd.		227,900		1,411,208
#	Okada Aiyon Corp.		42,800		564,900
	Okamoto Machine Tool Works Ltd.		25,299		914,621
	Okamura Corp.		368,200		3,931,220
	OKUMA Corp.		147,700		6,558,854
	Okumura Corp.		181,680		4,457,354
	Onoken Co. Ltd.		107,500		1,226,568
	Open Up Group, Inc.		111,700		1,654,746
	Organo Corp.		162,700		3,928,806
	Oriental Consultants Holdings Co. Ltd.		6,100		116,544
	Oriental Shiraishi Corp.		747,300		1,809,899
	Origin Co. Ltd.		24,900		228,765
	OSG Corp.		526,900		7,401,733
	Outsourcing, Inc.		731,600		7,452,495
	Oyo Corp.		126,400		1,902,622
	Paraca, Inc.		35,900		518,156
	Parker Corp.		34,000		156,885
#	Pasco Corp.		11,200		121,693
#	Pasona Group, Inc.		137,400		1,891,005
#	Pegasus Co. Ltd.		135,300		620,197
	Penta-Ocean Construction Co. Ltd.		1,390,500		6,760,157
	People Dreams & Technologies Group Co. Ltd.		23,700		269,100
	Pilot Corp.		130,000		4,332,535
	Prestige International, Inc.		638,800		2,788,261
	Pronexus, Inc.		104,900		770,578
	PS Mitsubishi Construction Co. Ltd.		203,300		1,011,908
	Punch Industry Co. Ltd.		88,700		343,592
	Quick Co. Ltd.		77,000		1,013,062
	Raito Kogyo Co. Ltd.		282,600		4,168,284
	Raiznext Corp.		268,200		2,871,816
#	Rasa Corp.		63,200		687,199
	Relia, Inc.		116,700		1,252,934
	Rheon Automatic Machinery Co. Ltd.		120,500		1,157,147
#	Rix Corp.		17,300		356,272

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Ryobi Ltd.		152,640	$	1,776,284
#	S LINE Co. Ltd.		23,800		139,290
	Sakai Heavy Industries Ltd.		22,800		704,402
	Sakai Moving Service Co. Ltd.		70,400		2,480,115
	Sanki Engineering Co. Ltd.		268,900		2,972,815
	Sanko Gosei Ltd.		134,300		521,833
	Sanko Metal Industrial Co. Ltd.		16,200		476,194
	Sankyo Tateyama, Inc.		139,674		702,795
	Sankyu, Inc.		138,700		4,891,907
	Sansei Technologies, Inc.		64,500		463,776
	Sansha Electric Manufacturing Co. Ltd.		62,600		417,578
	Sanyo Denki Co. Ltd.		53,600		2,677,600
	Sanyo Electric Railway Co. Ltd.		109,898		1,925,022
	Sanyo Engineering & Construction, Inc.		60,200		277,735
	Sanyo Industries Ltd.		9,900		135,361
	Sanyo Trading Co. Ltd.		138,600		1,317,335
	Sata Construction Co. Ltd.		86,199		307,721
	Sato Holdings Corp.		173,800		2,941,079
	Sato Shoji Corp.		86,800		919,651
	SBS Holdings, Inc.		117,700		2,868,128
#	SEC Carbon Ltd.		10,900		717,673
	Seibu Electric & Machinery Co. Ltd.		10,300		121,520
	Seika Corp.		54,300		896,011
	Seikitokyu Kogyo Co. Ltd.		185,330		1,276,955
	Seiko Electric Co. Ltd.		4,900		36,175
	Seino Holdings Co. Ltd.		440,200		4,887,100
	Sekisui Jushi Corp.		192,600		3,093,706
	Senko Group Holdings Co. Ltd.		688,500		4,920,240
#	Senshu Electric Co. Ltd.		77,500		1,776,441
	Shibaura Machine Co. Ltd.		120,800		2,812,267
	Shibusawa Warehouse Co. Ltd.		58,000		987,649
	Shibuya Corp.		93,100		1,722,015
	Shima Seiki Manufacturing Ltd.		165,300		2,260,722
#	Shimojima Co. Ltd.		48,800		411,550
	Shin Maint Holdings Co. Ltd.		14,600		138,915
	Shin Nippon Air Technologies Co. Ltd.		84,680		1,215,290
#	Shinki Bus Co. Ltd.		1,900		47,914
	Shinmaywa Industries Ltd.		348,100		3,134,427
	Shinnihon Corp.		164,700		1,280,389
	Shinsho Corp.		30,000		1,299,288
	Shinwa Co. Ltd.		62,300		978,376
	Shinwa Co. Ltd.		24,800		130,712
	SIGMAXYZ Holdings, Inc.		209,700		1,650,935
	Sinfonia Technology Co. Ltd.		135,800		1,735,699
	Sinko Industries Ltd.		122,500		1,625,649
	Sintokogio Ltd.		273,000		1,979,786
	SMS Co. Ltd.		183,100		4,302,866
#	Soda Nikka Co. Ltd.		105,700		640,397
	Sodick Co. Ltd.		286,600		1,585,605
	Sotetsu Holdings, Inc.		239,900		4,567,857
#	Space Co. Ltd.		96,562		662,280
	S-Pool, Inc.		410,600		1,904,717
	Star Micronics Co. Ltd.		217,000		2,824,235
#	Studio Alice Co. Ltd.		56,600		889,607
	Subaru Enterprise Co. Ltd.		6,300		446,054
	Sugimoto & Co. Ltd.		61,600		924,653
#	Sumiseki Holdings, Inc.		239,800		583,830
	Sumitomo Densetsu Co. Ltd.		109,300		2,273,347
	Sumitomo Mitsui Construction Co. Ltd.		922,840		2,616,393

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Sumitomo Warehouse Co. Ltd.		333,600	$	5,542,189
	Suzumo Machinery Co. Ltd.		4,400		36,627
	SWCC Corp.		154,100		2,001,527
#	Tacmina Corp.		14,700		133,845
	Tadano Ltd.		683,800		5,352,449
	Taihei Dengyo Kaisha Ltd.		89,200		2,720,736
#	Taiheiyo Kouhatsu, Inc.		41,300		260,599
	Taikisha Ltd.		157,700		4,272,354
	Taisei Oncho Co. Ltd.		14,900		220,953
#	Takamatsu Construction Group Co. Ltd.		90,100		1,461,882
#	Takamiya Co. Ltd.		137,800		449,301
	Takano Co. Ltd.		50,700		263,722
	Takaoka Toko Co. Ltd.		64,820		974,773
#	Takara & Co. Ltd.		48,355		845,027
	Takara Standard Co. Ltd.		196,500		2,376,727
	Takasago Thermal Engineering Co. Ltd.		293,400		4,926,567
#	Takashima & Co. Ltd.		22,900		479,748
#	Takatori Corp.		4,500		133,155
	Takeuchi Manufacturing Co. Ltd.		214,800		5,894,891
	Takigami Steel Construction Co. Ltd.		5,300		302,166
	Takisawa Machine Tool Co. Ltd.		28,500		281,042
	Takuma Co. Ltd.		189,100		1,978,327
	Tanabe Consulting Group Co. Ltd.		2,400		15,493
	Tanabe Engineering Corp.		39,500		280,445
	Tanseisha Co. Ltd.		236,149		1,402,516
	Tatsuta Electric Wire & Cable Co. Ltd.		234,900		1,235,350
	Techno Ryowa Ltd.		68,690		454,749
	Techno Smart Corp.		49,500		574,124
	Teikoku Electric Manufacturing Co. Ltd.		103,400		1,823,595
	Teikoku Sen-I Co. Ltd.		113,000		1,432,445
	Tekken Corp.		83,400		1,184,077
	Terasaki Electric Co. Ltd.		25,500		274,548
#	Tess Holdings Co. Ltd.		36,100		318,463
	TKC Corp.		183,400		4,956,818
	Toa Corp.		82,100		1,782,032
	TOA ROAD Corp.		50,400		1,603,695
	Toba, Inc.		9,800		211,575
	Tobishima Corp.		117,870		988,743
	Tocalo Co. Ltd.		374,400		3,516,067
	Toda Corp.		763,300		4,465,740
	Toenec Corp.		54,000		1,376,448
	Togami Electric Manufacturing Co. Ltd.		17,800		236,795
	TOKAI Holdings Corp.		642,800		4,175,517
	Tokai Lease Co. Ltd.		18,800		181,478
	Tokyo Energy & Systems, Inc.		144,700		972,529
	Tokyo Keiki, Inc.		71,022		631,195
	Tokyo Sangyo Co. Ltd.		126,500		793,860
	Tokyu Construction Co. Ltd.		523,900		2,777,750
	Toli Corp.		282,400		578,463
	Tomoe Corp.		155,100		505,227
#	Tomoe Engineering Co. Ltd.		46,400		831,850
	Tonami Holdings Co. Ltd.		37,500		1,272,053
	Torishima Pump Manufacturing Co. Ltd.		118,300		1,375,485
	Totech Corp.		48,100		1,516,432
	Totetsu Kogyo Co. Ltd.		152,800		3,052,956
	Toukei Computer Co. Ltd.		6,810		325,209
	Toyo Construction Co. Ltd.		492,600		3,527,913
	Toyo Denki Seizo KK		22,850		171,442
*	Toyo Engineering Corp.		194,378		830,586

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Toyo Logistics Co. Ltd.		85,100	$	176,202
#	Toyo Machinery & Metal Co. Ltd.		100,000		470,297
#	Toyo Tanso Co. Ltd.		88,700		2,578,811
#	Toyo Wharf & Warehouse Co. Ltd.		24,100		258,712
	Trancom Co. Ltd.		47,200		2,368,988
	Transcosmos, Inc.		116,500		2,718,219
	Trinity Industrial Corp.		36,000		190,707
	Trusco Nakayama Corp.		236,800		4,113,508
	Tsubaki Nakashima Co. Ltd.		261,300		1,830,573
	Tsubakimoto Chain Co.		158,840		3,934,262
	Tsubakimoto Kogyo Co. Ltd.		28,400		864,147
	Tsugami Corp.		267,700		2,780,711
	Tsukishima Holdings Co. Ltd.		165,000		1,338,639
	Tsurumi Manufacturing Co. Ltd.		114,300		1,954,899
#	Ueki Corp.		60,800		592,607
	UEX Ltd.		2,900		26,871
	Union Tool Co.		46,900		1,121,584
	Ushio, Inc.		600,400		7,468,712
*	UT Group Co. Ltd.		183,200		3,506,835
*	Visional, Inc.		27,700		1,452,690
	Wakachiku Construction Co. Ltd.		74,800		2,367,361
	Wakita & Co. Ltd.		217,200		2,210,962
	WDB Holdings Co. Ltd.		63,000		941,059
	Weathernews, Inc.		36,200		1,816,245
# *	Welbe, Inc.		59,100		296,450
	Will Group, Inc.		96,500		756,376
	World Holdings Co. Ltd.		50,700		1,030,079
	Yahagi Construction Co. Ltd.		172,600		1,092,004
	YAMABIKO Corp.		217,528		2,155,115
	YAMADA Consulting Group Co. Ltd.		64,900		728,977
	Yamashina Corp.		245,700		119,247
	Yamato Corp.		108,400		771,542
	Yamaura Corp.		14,400		131,188
	Yamazen Corp.		353,200		2,740,316
	Yasuda Logistics Corp.		99,100		761,310
	Yokogawa Bridge Holdings Corp.		198,600		3,250,328
	Yondenko Corp.		54,120		777,084
	Yuasa Trading Co. Ltd.		103,900		3,017,485
	Yuken Kogyo Co. Ltd.		15,800		237,238
	Yurtec Corp.		257,400		1,563,747
	Yushin Precision Equipment Co. Ltd.		31,700		185,000
	Zaoh Co. Ltd.		25,900		437,559
	Zenitaka Corp.		18,700		467,265
	Zuiko Corp.		94,600		750,297
TOTAL INDUSTRIALS					835,928,863
INFORMATION TECHNOLOGY — (14.4%)
	A&D HOLON Holdings Co. Ltd.		138,500		1,397,422
*	Access Co. Ltd.		82,500		523,105
	Ad-sol Nissin Corp.		47,200		608,721
#	Adtec Plasma Technology Co. Ltd.		25,000		240,353
#	AGS Corp.		13,000		68,588
	Ai Holdings Corp.		244,200		4,275,193
*	AI inside, Inc.		400		12,768
	Aichi Tokei Denki Co. Ltd.		53,600		605,801
	Aiphone Co. Ltd.		66,800		1,053,467
*	Allied Telesis Holdings KK		191,200		153,499
	Alpha Systems, Inc.		23,920		728,003
	Alps Alpine Co. Ltd.		360,100		3,287,732

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Amano Corp.		291,800	$	5,941,326
	Anritsu Corp.		851,999		7,801,334
	AOI Electronics Co. Ltd.		27,700		385,354
	Argo Graphics, Inc.		102,600		2,890,965
	Arisawa Manufacturing Co. Ltd.		207,900		1,914,769
	Artiza Networks, Inc.		14,900		103,165
	Asahi Intelligence Service Co. Ltd.		1,300		11,224
#	Atled Corp.		15,700		170,704
	Avant Group Corp.		127,700		1,321,544
	Base Co. Ltd.		16,300		715,055
*	BrainPad, Inc.		87,600		446,079
	Broadband Tower, Inc.		116,500		121,861
	Business Brain Showa-Ota, Inc.		41,500		598,302
	Business Engineering Corp.		4,900		124,492
	CAC Holdings Corp.		75,200		944,168
	Canon Electronics, Inc.		125,200		1,705,283
#	CDS Co. Ltd.		15,500		205,546
#	Celsys, Inc.		206,000		985,585
	Change Holdings, Inc.		156,000		2,639,185
#	Chino Corp.		45,000		702,005
	Citizen Watch Co. Ltd.		1,550,700		8,580,554
	CMK Corp.		275,600		937,576
	Computer Engineering & Consulting Ltd.		170,100		1,768,451
	Computer Institute of Japan Ltd.		227,278		912,938
	Comture Corp.		143,900		2,122,897
	Core Corp.		45,800		569,900
	Cresco Ltd.		84,700		1,116,760
#	Cross Cat Co. Ltd.		8,200		72,424
	Cube System, Inc.		60,600		512,003
	Cyber Com Co. Ltd.		10,600		121,753
*	Cyber Security Cloud, Inc.		1,900		25,681
	Cyberlinks Co. Ltd.		30,600		203,101
	Cybozu, Inc.		150,100		2,996,246
	Daiko Denshi Tsushin Ltd.		23,100		85,927
#	Daishinku Corp.		148,696		748,120
	Daitron Co. Ltd.		55,600		1,068,269
	Daiwabo Holdings Co. Ltd.		574,800		10,846,024
	Dawn Corp.		4,000		62,054
#	Densan System Holdings Co. Ltd.		43,600		857,776
	Dexerials Corp.		345,400		6,573,158
	Digital Arts, Inc.		73,500		2,735,930
	Digital Garage, Inc.		141,400		4,988,574
	Digital Hearts Holdings Co. Ltd.		74,800		810,397
	Digital Information Technologies Corp.		61,700		733,888
	DKK Co. Ltd.		61,300		1,042,077
#	DKK-Toa Corp.		31,400		187,989
	Double Standard, Inc.		42,500		638,521
	DTS Corp.		250,500		5,951,772
	Ebase Co. Ltd.		125,600		635,625
	E-Guardian, Inc.		62,600		1,011,839
	Eizo Corp.		96,200		3,153,255
	Elecom Co. Ltd.		256,300		2,432,178
	Elematec Corp.		113,542		1,441,639
#	Enomoto Co. Ltd.		29,100		359,667
	Enplas Corp.		46,100		1,556,736
	ESPEC Corp.		116,100		1,755,355
	Ferrotec Holdings Corp.		245,700		5,556,868
	Fixstars Corp.		107,100		1,104,258
	Focus Systems Corp.		53,700		402,229

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
#	Forval Corp.		51,100	$	438,679
	FTGroup Co. Ltd.		51,000		409,984
	Fuji Soft, Inc.		41,500		2,479,390
	Fukui Computer Holdings, Inc.		58,900		1,169,111
	Furuno Electric Co. Ltd.		155,900		1,063,444
#	Furuya Metal Co. Ltd.		17,800		1,182,615
	Future Corp.		292,400		3,740,180
	Future Innovation Group, Inc.		11,900		25,344
#	GL Sciences, Inc.		44,500		750,545
	Glosel Co. Ltd.		113,200		341,460
	GMO GlobalSign Holdings KK		33,000		936,370
	GMO internet group, Inc.		13,600		273,587
	GMO Pepabo, Inc.		7,300		95,658
	Hagiwara Electric Holdings Co. Ltd., Class C		47,100		1,131,233
	Hakuto Co. Ltd.		82,700		2,595,856
# *	Hennge KK		13,200		71,073
	Himacs Ltd.		960		10,033
	Hioki EE Corp.		61,700		4,109,448
	Hochiki Corp.		91,500		1,088,439
#	Hokuriku Electric Industry Co. Ltd.		21,839		197,051
	Horiba Ltd.		114,700		6,319,131
	Hosiden Corp.		304,400		3,898,296
	Hotto Link, Inc.		55,800		128,816
#	HPC Systems, Inc.		17,700		265,448
#	Icom, Inc.		54,900		1,116,917
	ID Holdings Corp.		79,450		642,096
	I’ll, Inc.		30,300		616,885
	Ines Corp.		123,100		1,258,816
	I-Net Corp.		76,490		743,497
	Information Services International-Dentsu Ltd.		7,700		271,443
	Innotech Corp.		96,100		963,977
	Intelligent Wave, Inc.		50,500		269,112
	Inter Action Corp.		34,200		332,098
	I-PEX, Inc.		72,100		740,377
	Iriso Electronics Co. Ltd.		127,400		4,360,853
	ISB Corp.		51,700		456,862
*	ITbook Holdings Co. Ltd.		72,300		204,408
	Itfor, Inc.		172,600		1,103,162
# *	Iwatsu Electric Co. Ltd.		53,100		320,118
	Japan Aviation Electronics Industry Ltd.		294,700		5,169,910
	Japan Cash Machine Co. Ltd.		138,300		1,293,259
	Japan Electronic Materials Corp.		60,200		611,841
	Japan Material Co. Ltd.		431,700		6,472,857
	Japan System Techniques Co. Ltd.		30,400		464,450
	Jastec Co. Ltd.		71,600		650,448
	JBCC Holdings, Inc.		90,100		1,428,542
	JFE Systems, Inc.		10,000		191,937
# *	JIG-SAW, Inc.		19,600		678,481
	Justsystems Corp.		150,300		3,971,677
	Kaga Electronics Co. Ltd.		100,200		3,554,758
*	Kaonavi, Inc.		4,500		89,051
	KEL Corp.		27,900		355,267
	Koa Corp.		193,600		2,428,806
	Konica Minolta, Inc.		1,389,000		5,794,031
	KSK Co. Ltd.		3,000		50,270
#	Kyoden Co. Ltd.		116,100		432,105
	Kyosan Electric Manufacturing Co. Ltd.		244,400		763,825
	Kyowa Electronic Instruments Co. Ltd.		129,800		342,640
	LAC Co. Ltd.		97,400		494,188

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Macnica Holdings, Inc.		326,750	$	8,979,183
	Marubun Corp.		106,400		945,726
	Maruwa Co. Ltd.		55,400		7,064,880
	Maxell Ltd.		289,100		3,184,036
	MCJ Co. Ltd.		428,700		2,965,072
*	Megachips Corp.		104,700		2,482,823
	Meiko Electronics Co. Ltd.		129,300		2,609,193
	Melco Holdings, Inc.		35,600		877,754
	Micronics Japan Co. Ltd.		158,600		1,444,870
	MIMAKI ENGINEERING Co. Ltd.		113,200		562,437
	Mimasu Semiconductor Industry Co. Ltd.		107,681		2,080,725
	Miraial Co. Ltd.		40,000		445,708
	Miroku Jyoho Service Co. Ltd.		112,800		1,408,982
	Mitachi Co. Ltd.		7,900		80,157
	Mitsubishi Research Institute, Inc.		50,700		1,839,536
	m-up Holdings, Inc.		180,000		1,638,208
#	Mutoh Holdings Co. Ltd.		7,400		91,122
	Nagano Keiki Co. Ltd.		86,800		823,733
	Naigai Tec Corp.		7,900		140,490
	NEC Networks & System Integration Corp.		226,108		2,818,552
	NET One Systems Co. Ltd.		327,200		7,714,843
	NF Holdings Corp.		12,900		93,013
	Nichicon Corp.		294,200		2,788,795
#	Nihon Dempa Kogyo Co. Ltd.		118,900		1,036,559
	Nihon Denkei Co. Ltd.		43,300		604,140
	Nippon Ceramic Co. Ltd.		8,900		178,138
*	Nippon Chemi-Con Corp.		115,300		1,720,798
#	Nippon Computer Dynamics Co. Ltd.		36,200		206,498
	Nippon Electric Glass Co. Ltd.		359,436		6,861,709
#	Nippon Information Development Co. Ltd.		12,600		155,783
#	Nippon Kodoshi Corp.		51,600		750,522
	Nippon Signal Company Ltd.		284,800		2,325,749
	Nissha Co. Ltd.		242,900		3,314,424
	Nohmi Bosai Ltd.		140,700		1,814,628
	NSD Co. Ltd.		482,660		8,879,198
	NSW, Inc.		48,600		750,441
	Ohara, Inc.		48,700		413,123
#	Ohizumi Mfg. Co. Ltd.		7,001		40,942
	Oki Electric Industry Co. Ltd.		519,356		2,817,235
	Optex Group Co. Ltd.		178,820		2,691,671
*	Optim Corp.		86,500		593,262
	Optorun Co. Ltd.		102,800		1,566,868
	Oro Co. Ltd.		37,200		668,501
	Osaki Electric Co. Ltd.		265,500		1,104,657
#	Oval Corp.		35,600		112,829
# *	Oxide Corp.		6,400		151,375
	PCI Holdings, Inc.		45,300		340,271
	Plus Alpha Consulting Co. Ltd.		15,100		323,233
	Pole To Win Holdings, Inc.		199,600		1,345,829
#	Pro-Ship, Inc.		51,100		522,347
	Restar Holdings Corp.		108,800		1,701,917
	Riken Keiki Co. Ltd.		87,100		3,347,130
	Riso Kagaku Corp.		54,400		991,650
#	River Eletec Corp.		35,300		181,996
	Roland DG Corp.		79,800		2,005,800
	Rorze Corp.		68,000		5,037,713
	RS Technologies Co. Ltd.		52,200		1,172,803
	Ryoden Corp.		92,900		1,426,603
	Ryosan Co. Ltd.		118,000		2,787,164

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Saison Information Systems Co. Ltd.		27,400	$	371,411
	Sakura Internet, Inc.		129,200		648,476
	Samco, Inc.		4,600		163,475
	Sanken Electric Co. Ltd.		126,500		9,501,356
	Sanshin Electronics Co. Ltd.		70,900		1,178,324
	Santec Holdings Corp.		4,500		77,082
#	Satori Electric Co. Ltd.		73,880		897,674
#	Saxa Holdings, Inc.		27,200		366,792
	SB Technology Corp.		62,000		1,059,471
	Scala, Inc.		42,500		234,134
#	Seikoh Giken Co. Ltd.		23,900		317,500
#	SEMITEC Corp.		32,000		464,286
	SERAKU Co. Ltd.		21,300		250,503
	Shibaura Electronics Co. Ltd.		43,000		1,808,109
	Shibaura Mechatronics Corp.		22,400		2,508,140
	Shindengen Electric Manufacturing Co. Ltd.		45,700		1,163,056
	Shinko Shoji Co. Ltd.		231,100		2,036,878
#	Shizuki Electric Co., Inc.		121,600		435,073
	Showa Shinku Co. Ltd.		24,400		247,350
#	Sigma Koki Co. Ltd.		28,900		340,941
	Siix Corp.		186,300		1,870,417
*	Simplex Holdings, Inc.		24,500		426,247
	SK-Electronics Co. Ltd.		49,000		643,041
	Smaregi, Inc.		6,500		135,541
	SMK Corp.		26,049		465,155
	Softcreate Holdings Corp.		96,400		1,130,385
	Soliton Systems KK		54,100		416,148
	Solxyz Co. Ltd.		41,000		108,197
	SRA Holdings		69,900		1,562,384
	Sumida Corp.		158,549		1,972,385
	Sun-Wa Technos Corp.		75,500		1,046,129
	Suzuden Corp.		2,100		39,432
	Suzuki Co. Ltd.		73,200		549,380
	System D, Inc.		1,100		10,786
	System Information Co. Ltd.		57,600		328,241
	System Research Co. Ltd.		29,800		532,641
	System Support, Inc.		21,700		314,267
	Systems Engineering Consultants Co. Ltd.		6,600		156,905
	Systena Corp.		1,578,800		3,265,605
	Tachibana Eletech Co. Ltd.		101,760		1,552,073
	TAKEBISHI Corp.		52,200		655,668
	Tamura Corp.		441,800		2,531,473
	Tazmo Co. Ltd.		9,300		124,674
	TDC Soft, Inc.		93,400		1,009,163
	TechMatrix Corp.		242,600		2,894,717
*	Techno Horizon Co. Ltd.		61,800		207,263
	Tecnos Japan, Inc.		46,100		188,765
	Teikoku Tsushin Kogyo Co. Ltd.		50,400		576,210
	Terilogy Holdings.		20,900		49,250
#	TESEC Corp.		22,600		376,567
	Toho System Science Co. Ltd.		2,700		21,455
	Tokyo Electron Device Ltd.		41,800		2,395,430
	Tokyo Seimitsu Co. Ltd.		232,600		8,581,078
	Tomen Devices Corp.		17,800		736,853
	Topcon Corp.		663,300		9,448,169
#	Torex Semiconductor Ltd.		52,900		877,904
	Toshiba TEC Corp.		137,400		3,990,548
	Towa Corp.		131,800		1,983,388
	Toyo Corp.		149,600		1,543,265

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Tri Chemical Laboratories, Inc.		154,500	$	2,498,872
	Tsuzuki Denki Co. Ltd.		42,800		485,421
	Ubicom Holdings, Inc.		30,800		490,690
	Uchida Yoko Co. Ltd.		46,900		1,785,528
	ULS Group, Inc.		13,300		309,998
	Ulvac, Inc.		145,900		5,792,000
	UNITED, Inc.		24,200		224,614
#	User Local, Inc.		9,200		136,997
	V Technology Co. Ltd.		55,700		1,241,359
*	Valtes Co. Ltd.		600		13,169
	VINX Corp.		25,600		253,550
	Wacom Co. Ltd.		973,900		4,946,713
	WILLs, Inc.		34,200		138,638
*	WingArc1st, Inc.		13,100		213,833
	Yamaichi Electronics Co. Ltd.		136,700		1,814,821
	Yashima Denki Co. Ltd.		119,500		1,133,589
	YE DIGITAL Corp.		700		2,370
	Yokowo Co. Ltd.		111,075		1,642,530
TOTAL INFORMATION TECHNOLOGY					415,658,428
MATERIALS — (12.4%)
	Achilles Corp.		80,500		856,636
	ADEKA Corp.		507,000		8,561,947
	Agro-Kanesho Co. Ltd.		2,300		30,105
	Aica Kogyo Co. Ltd.		200,800		4,565,140
	Aichi Steel Corp.		65,365		1,308,828
	Arakawa Chemical Industries Ltd.		106,400		775,001
#	Araya Industrial Co. Ltd.		20,200		307,025
	Asahi Holdings, Inc.		472,200		6,951,864
	Asahi Printing Co. Ltd.		25,700		165,166
	ASAHI YUKIZAI Corp.		87,600		2,053,930
	Asahipen Corp.		2,100		28,135
	Asia Pile Holdings Corp.		208,100		1,132,068
#	C Uyemura & Co. Ltd.		69,300		3,343,897
	Carlit Holdings Co. Ltd.		128,900		661,303
	Chuetsu Pulp & Paper Co. Ltd.		32,800		241,868
	Chugoku Marine Paints Ltd.		313,900		2,743,160
	CI Takiron Corp.		281,800		1,037,988
	CK-San-Etsu Co. Ltd.		22,800		721,649
	Dai Nippon Toryo Co. Ltd.		130,200		824,559
	Daicel Corp.		822,200		6,482,111
	Daido Steel Co. Ltd.		156,900		6,042,247
	Daiichi Kigenso Kagaku-Kogyo Co. Ltd.		118,200		873,467
	Daiken Corp.		61,300		1,053,613
	Daiki Aluminium Industry Co. Ltd.		170,400		1,748,197
	Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		76,800		1,052,393
	Daio Paper Corp.		357,700		2,898,870
	Denka Co. Ltd.		111,100		2,225,050
	DIC Corp.		341,600		6,310,516
	DKS Co. Ltd.		47,000		653,973
	Dowa Holdings Co. Ltd.		81,800		2,672,445
	Dynapac Co. Ltd.		8,500		80,009
	FP Corp.		62,500		1,554,695
	Fuji Seal International, Inc.		252,328		2,867,928
	Fujikura Kasei Co. Ltd.		157,900		510,104
	Fujimi, Inc.		77,700		4,025,149
	Fujimori Kogyo Co. Ltd.		98,500		2,288,621
	Fuso Chemical Co. Ltd.		111,900		3,113,923
	Godo Steel Ltd.		57,500		1,295,306

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Gun-Ei Chemical Industry Co. Ltd.		27,700	$	538,989
	Hakudo Co. Ltd.		41,600		810,107
	Harima Chemicals Group, Inc.		93,100		588,927
	Hodogaya Chemical Co. Ltd.		39,400		906,919
	Hokkan Holdings Ltd.		58,100		596,943
	Hokko Chemical Industry Co. Ltd.		115,300		784,712
#	Hokuetsu Corp.		766,899		5,072,304
	Ise Chemicals Corp.		12,600		674,099
	Ishihara Chemical Co. Ltd.		72,000		796,020
	Ishihara Sangyo Kaisha Ltd.		203,950		1,762,342
#	Ishizuka Glass Co. Ltd.		12,900		146,446
	Japan Pure Chemical Co. Ltd.		500		8,978
	JCU Corp.		128,600		3,036,644
#	JSP Corp.		79,400		914,151
	Kaneka Corp.		199,700		5,312,753
	Kanto Denka Kogyo Co. Ltd.		261,700		1,985,368
	Katakura & Co-op Agri Corp.		20,400		254,537
	KeePer Technical Laboratory Co. Ltd.		86,400		3,212,679
#	KEIWA, Inc.		51,200		523,825
	KH Neochem Co. Ltd.		223,700		3,857,039
	Kimoto Co. Ltd.		181,500		253,922
	Koatsu Gas Kogyo Co. Ltd.		185,393		1,014,579
	Kobe Steel Ltd.		190,585		1,420,019
	Kohsoku Corp.		70,200		1,104,564
	Konishi Co. Ltd.		205,700		3,089,864
	Konoshima Chemical Co. Ltd.		37,500		432,785
	Krosaki Harima Corp.		30,100		1,363,847
#	Kumiai Chemical Industry Co. Ltd.		321,187		2,137,661
	Kunimine Industries Co. Ltd.		41,700		288,471
	Kureha Corp.		98,450		6,112,156
	Kurimoto Ltd.		59,000		875,267
	Kuriyama Holdings Corp.		78,000		507,516
	Kyoei Steel Ltd.		135,500		1,832,054
	Kyowa Leather Cloth Co. Ltd.		75,300		292,937
	Lintec Corp.		258,000		4,314,542
	Maeda Kosen Co. Ltd.		118,600		2,837,868
	Maruichi Steel Tube Ltd.		213,300		4,825,079
	MEC Co. Ltd.		97,900		1,832,462
#	Mipox Corp.		19,600		79,950
	Mitani Sekisan Co. Ltd.		66,000		2,332,224
	Mitsubishi Materials Corp.		221,600		3,628,616
	Mitsubishi Paper Mills Ltd.		210,500		622,694
#	Mitsubishi Steel Manufacturing Co. Ltd.		60,400		507,726
	Mitsui Mining & Smelting Co. Ltd.		345,600		8,229,716
	Molitec Steel Co. Ltd.		7,200		15,451
#	MORESCO Corp.		39,800		332,223
	Moriroku Holdings Co. Ltd.		13,500		192,435
	Mory Industries, Inc.		33,200		883,057
	Nakayama Steel Works Ltd.		139,800		901,208
	Nasu Denki Tekko Co. Ltd.		3,000		199,971
	Neturen Co. Ltd.		209,200		1,111,018
# *	New Japan Chemical Co. Ltd.		111,300		176,507
	Nicca Chemical Co. Ltd.		45,700		301,093
#	Nichia Steel Works Ltd.		61,100		141,052
	Nihon Kagaku Sangyo Co. Ltd.		81,300		680,349
	Nihon Nohyaku Co. Ltd.		243,500		1,234,164
	Nihon Parkerizing Co. Ltd.		520,200		4,071,691
# *	Nihon Yamamura Glass Co. Ltd.		58,200		305,919
	Nippon Carbide Industries Co., Inc.		46,200		439,529

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Nippon Chemical Industrial Co. Ltd.		49,500	$	674,015
*	Nippon Concrete Industries Co. Ltd.		259,217		493,008
#	Nippon Denko Co. Ltd.		687,014		1,751,043
#	Nippon Fine Chemical Co. Ltd.		82,800		1,617,635
	Nippon Kayaku Co. Ltd.		596,300		5,409,464
	Nippon Light Metal Holdings Co. Ltd.		355,390		3,723,746
*	Nippon Paper Industries Co. Ltd.		546,900		4,382,098
	Nippon Pillar Packing Co. Ltd.		113,500		3,155,631
	Nippon Shokubai Co. Ltd.		102,500		4,109,394
	Nippon Soda Co. Ltd.		141,400		4,877,250
	Nippon Yakin Kogyo Co. Ltd.		83,949		2,440,295
	Nitta Gelatin, Inc.		82,000		505,626
	Nittetsu Mining Co. Ltd.		70,600		1,909,985
	Nozawa Corp.		47,500		250,498
	Oat Agrio Co. Ltd.		49,200		491,255
	Okamoto Industries, Inc.		69,600		2,072,746
	Okura Industrial Co. Ltd.		53,300		834,640
	Osaka Organic Chemical Industry Ltd.		97,600		1,479,770
	Osaka Soda Co. Ltd.		85,499		2,765,518
	Osaka Steel Co. Ltd.		89,300		859,885
*	Pacific Metals Co. Ltd.		91,599		1,274,581
	Pack Corp.		87,200		1,998,219
	Rasa Industries Ltd.		43,000		692,102
	Rengo Co. Ltd.		980,600		6,395,254
	Riken Technos Corp.		231,800		1,041,043
	Sakai Chemical Industry Co. Ltd.		85,200		1,145,217
	Sakata INX Corp.		249,600		2,036,076
	Sanyo Chemical Industries Ltd.		77,400		2,429,975
	Sanyo Special Steel Co. Ltd.		122,960		2,176,217
#	Seiko PMC Corp.		64,500		274,909
	Sekisui Kasei Co. Ltd.		150,000		518,437
	Shikoku Kasei Holdings Corp.		224,500		2,340,008
	Shinagawa Refractories Co. Ltd.		34,700		1,194,343
	Shin-Etsu Polymer Co. Ltd.		275,500		2,710,569
	SK Kaken Co. Ltd.		1,300		410,838
	Soken Chemical & Engineering Co. Ltd.		48,400		609,902
	Stella Chemifa Corp.		64,000		1,269,908
	Sumitomo Bakelite Co. Ltd.		194,100		7,422,961
	Sumitomo Osaka Cement Co. Ltd.		206,299		5,801,971
	Sumitomo Seika Chemicals Co. Ltd.		53,600		1,731,332
	T Hasegawa Co. Ltd.		124,100		2,954,524
#	T&K Toka Co. Ltd.		123,200		1,053,186
	Taiheiyo Cement Corp.		447,300		8,020,596
	Taisei Lamick Co. Ltd.		36,900		777,560
	Taiyo Holdings Co. Ltd.		220,400		3,984,070
	Takasago International Corp.		82,700		1,577,209
	Takemoto Yohki Co. Ltd.		43,800		278,595
# *	Tanaka Chemical Corp.		13,400		130,763
#	Taoka Chemical Co. Ltd.		15,100		82,996
	Tayca Corp.		97,400		867,169
	Teijin Ltd.		360,800		4,029,753
	Tenma Corp.		111,300		1,917,402
	Toagosei Co. Ltd.		691,500		5,978,527
*	Toda Kogyo Corp.		4,300		78,232
#	Toho Acetylene Co. Ltd.		12,700		125,919
	Toho Chemical Industry Co. Ltd.		47,000		169,197
#	Toho Titanium Co. Ltd.		201,000		3,000,439
	Toho Zinc Co. Ltd.		86,599		1,182,634
	Tohoku Steel Co. Ltd.		16,300		213,495

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Tokai Carbon Co. Ltd.		919,200	$	8,353,418
	Tokushu Tokai Paper Co. Ltd.		53,858		1,172,018
	Tokuyama Corp.		371,497		6,058,784
	Tokyo Ohka Kogyo Co. Ltd.		37,800		1,973,282
	Tokyo Printing Ink Manufacturing Co. Ltd.		10,200		205,657
	Tokyo Rope Manufacturing Co. Ltd.		46,000		392,677
	Tokyo Steel Manufacturing Co. Ltd.		520,100		5,233,896
	Tokyo Tekko Co. Ltd.		61,900		843,492
	Tomoku Co. Ltd.		70,600		828,285
	Topy Industries Ltd.		97,400		1,340,542
#	Toyo Gosei Co. Ltd.		31,100		1,771,639
	Toyo Ink SC Holdings Co. Ltd.		229,100		3,697,225
	Toyobo Co. Ltd.		503,900		3,803,678
	TYK Corp.		148,500		372,865
	UACJ Corp.		194,941		3,890,582
	UBE Corp.		611,100		9,694,127
	Ultrafabrics Holdings Co. Ltd.		7,700		120,937
	Valqua Ltd.		104,799		2,636,508
	Vertex Corp.		126,294		1,266,782
	Wavelock Holdings Co. Ltd.		30,900		135,377
	Wood One Co. Ltd.		17,997		158,335
	Yodogawa Steel Works Ltd.		135,700		2,844,126
	Yotai Refractories Co. Ltd.		115,400		1,233,073
	Yushiro Chemical Industry Co. Ltd.		56,200		355,604
TOTAL MATERIALS					358,847,393
REAL ESTATE — (1.3%)
	AD Works Group Co. Ltd.		47,879		60,611
	Airport Facilities Co. Ltd.		143,970		609,399
#	Anabuki Kosan, Inc.		16,400		279,402
	Aoyama Zaisan Networks Co. Ltd.		92,000		681,079
	Apaman Co. Ltd.		75,900		255,393
	Ardepro Co. Ltd.		7,070		20,038
	Arealink Co. Ltd.		47,573		806,538
	B-Lot Co. Ltd.		25,800		113,149
	Cosmos Initia Co. Ltd.		93,700		400,558
	CRE, Inc.		35,100		335,487
	Dear Life Co. Ltd.		152,600		809,381
	Goldcrest Co. Ltd.		96,170		1,289,131
	Good Com Asset Co. Ltd.		97,600		567,695
	Grandy House Corp.		95,600		396,459
	Heiwa Real Estate Co. Ltd.		116,500		3,333,588
	Ichigo, Inc.		70,000		133,938
#	Japan Property Management Center Co. Ltd.		86,300		711,003
#	JINUSHI Co. Ltd.		77,900		1,116,331
	JSB Co. Ltd.		24,700		786,497
	Katitas Co. Ltd.		218,200		4,261,203
	Keihanshin Building Co. Ltd.		197,400		1,862,328
	LA Holdings Co. Ltd.		4,900		136,507
*	Leopalace21 Corp.		624,000		1,646,533
#	Loadstar Capital KK		9,200		95,751
	Mirarth Holdings, Inc.		531,000		1,498,309
	Mugen Estate Co. Ltd.		56,900		262,697
	Nisshin Group Holdings Co. Ltd.		205,500		708,671
	Raysum Co. Ltd.		17,448		170,595
	SAMTY Co. Ltd.		173,450		2,831,074
	Sankyo Frontier Co. Ltd.		24,600		640,293
	Sansei Landic Co. Ltd.		29,100		187,140
# *	SRE Holdings Corp.		4,100		91,960

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
REAL ESTATE — (Continued)
#	Star Mica Holdings Co. Ltd.		164,500	$	779,064
	Starts Corp., Inc.		208,300		3,936,414
	Sun Frontier Fudousan Co. Ltd.		178,800		1,735,750
	Sunnexta Group, Inc.		11,100		82,310
	Tenpo Innovation Co. Ltd.		3,100		27,370
*	TKP Corp.		21,300		427,360
	TOC Co. Ltd.		284,250		1,399,975
	Tokyo Rakutenchi Co. Ltd.		19,800		614,735
#	Tokyo Theatres Co., Inc.		47,099		393,784
	Tosei Corp.		187,900		2,236,038
	Urbanet Corp. Co. Ltd.		92,700		225,425
TOTAL REAL ESTATE					38,956,963
UTILITIES — (1.7%)
*	Chugoku Electric Power Co., Inc.		992,100		5,224,103
	EF-ON, Inc.		88,520		416,332
	eRex Co. Ltd.		185,100		2,365,367
	Hiroshima Gas Co. Ltd.		322,200		863,801
*	Hokkaido Electric Power Co., Inc.		1,106,900		4,169,809
	Hokkaido Gas Co. Ltd.		92,600		1,320,991
*	Hokuriku Electric Power Co.		1,052,600		4,917,718
#	Hokuriku Gas Co. Ltd.		10,100		217,412
	K&O Energy Group, Inc.		89,200		1,593,251
#	Kasumigaseki Capital Co. Ltd.		5,100		138,667
	Nippon Gas Co. Ltd.		676,700		9,516,090
*	Okinawa Electric Power Co., Inc.		278,516		2,271,561
*	RENOVA, Inc.		140,700		1,992,931
	Saibu Gas Holdings Co. Ltd.		211,100		2,939,430
*	Shikoku Electric Power Co., Inc.		749,500		4,428,341
	Shizuoka Gas Co. Ltd.		315,000		2,678,395
#	Toell Co. Ltd.		57,500		321,618
	Toho Gas Co. Ltd.		99,300		1,857,941
	West Holdings Corp.		134,903		3,216,197
TOTAL UTILITIES					50,449,955
TOTAL COMMON STOCKS Cost ($ 2,744,626,758)					2,835,617,032
				Value†
SECURITIES LENDING COLLATERAL — (1.7%)
@ §	The DFA Short Term Investment Fund		4,342,848		50,233,722
TOTAL INVESTMENTS — (100.0%) (Cost $ 2,794,859,089)				$	2,885,850,754

ST Special Tax

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services		—	$	66,138,067		—	$	66,138,067
Consumer Discretionary		—		419,916,117		—		419,916,117
Consumer Staples		—		233,588,999		—		233,588,999
Energy		—		21,841,321		—		21,841,321
Financials		—		253,591,610		—		253,591,610
Health Care		—		140,699,316		—		140,699,316
Industrials		—		835,928,863		—		835,928,863
Information Technology		—		415,658,428		—		415,658,428
Materials		—		358,847,393		—		358,847,393
Real Estate		—		38,956,963		—		38,956,963
Utilities		—		50,449,955		—		50,449,955
Securities Lending Collateral		—		50,233,722		—		50,233,722
TOTAL		—	$	2,885,850,754		—	$	2,885,850,754

THE ASIA PACIFIC SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (99.2%)
AUSTRALIA — (61.7%)
#	29Metals Ltd.		136,895	$	108,292
*	3P Learning Ltd.		93,233		71,036
*	4DMedical Ltd.		44,717		25,247
*	A2B Australia Ltd.		511,111		520,667
	Accent Group Ltd.		2,733,567		4,625,946
* ††	ACN Ltd.		1,687		0
	Acrow Formwork & Construction Services Ltd.		408,608		236,976
# *	Actinogen Medical Ltd.		729,727		31,173
#	Adairs Ltd.		1,221,855		1,823,226
	Adbri Ltd.		2,524,789		2,665,760
#	Advance Zinctek Ltd.		9,929		14,128
# *	Aeris Resources Ltd.		148,241		46,812
*	Ainsworth Game Technology Ltd.		557,129		357,704
# *	Alcidion Group Ltd.		643,486		41,640
*	Alkane Resources Ltd.		2,919,548		1,703,055
# *	Alliance Aviation Services Ltd.		423,816		872,206
# *	Alligator Energy Ltd.		8,107,416		179,009
*	Altech Batteries Ltd.		174,277		13,358
# *	AMA Group Ltd.		6,336,788		692,755
	AMP Ltd.		13,156,282		9,946,900
	Ansell Ltd.		654,057		11,639,006
*	Antipa Minerals Ltd.		3,268,084		42,037
# *	Appen Ltd.		785,359		1,646,634
# *	Arafura Rare Earths Ltd.		13,159,599		3,615,091
#	ARB Corp. Ltd.		498,463		10,648,592
# *	Archer Materials Ltd.		514,440		138,372
*	Ardea Resources Ltd.		152,857		39,697
#	Ardent Leisure Group Ltd.		2,988,304		1,083,954
# *	Argosy Minerals Ltd.		2,371,384		645,414
*	Aroa Biosurgery Ltd.		193,686		134,640
	AUB Group Ltd.		762,060		13,966,594
# *	Audinate Group Ltd.		204,649		1,192,818
# *	Aura Energy Ltd.		259,286		39,802
# *	Aurelia Metals Ltd.		7,966,262		718,122
*	Ausgold Ltd.		420,326		13,917
	Ausgold Ltd.		55,717		1,843
*	Aussie Broadband Ltd.		523,701		1,154,118
	Austal Ltd.		2,416,185		2,651,755
	Austin Engineering Ltd.		845,694		218,768
*	Australian Agricultural Co. Ltd.		2,850,244		2,903,312
#	Australian Clinical Labs Ltd.		489,229		1,147,897
	Australian Ethical Investment Ltd.		301,621		650,993
	Australian Finance Group Ltd.		1,939,212		2,077,737
# *	Australian Strategic Materials Ltd.		640,115		449,451
# *	Australian Vanadium Ltd.		14,821,738		365,243
#	Australian Vintage Ltd.		2,462,000		833,600
	Auswide Bank Ltd.		185,117		646,672
*	Auteco Minerals Ltd.		247,992		6,571
#	AVJennings Ltd.		5,407,981		1,628,579
# * ††	AVZ Minerals Ltd.		263,719		27,651
# *	Azure Minerals Ltd.		24,167		6,203
#	Baby Bunting Group Ltd.		813,374		1,169,896
# *	Bannerman Energy Ltd.		95,393		92,457
	Bapcor Ltd.		2,107,733		9,197,290
	Base Resources Ltd.		2,267,930		285,026

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
*	BCI Minerals Ltd.		2,716,101	$	414,879
	Beach Energy Ltd.		9,561,631		9,411,404
	Beacon Lighting Group Ltd.		467,032		566,233
	Beacon Minerals Ltd.		2,446,902		53,598
	Bega Cheese Ltd.		1,973,378		4,969,047
#	Bell Financial Group Ltd.		734,391		472,490
*	Bellevue Gold Ltd.		8,307,472		7,798,670
*	Berkeley Energia Ltd.		37,692		8,876
# *	Betmakers Technology Group Ltd.		2,293,199		268,208
# *	Bigtincan Holdings Ltd.		1,377,352		376,409
*	Black Cat Syndicate Ltd.		70,598		20,122
# *	Black Rock Mining Ltd.		2,860,513		257,459
	Blackmores Ltd.		102,288		6,461,187
# *	Boral Ltd.		1,451,939		3,985,372
*	Boss Energy Ltd.		1,670,623		2,941,779
*	Botanix Pharmaceuticals Ltd.		220,516		12,608
#	Bravura Solutions Ltd.		3,062,177		916,348
#	Breville Group Ltd.		627,990		8,627,006
	Brickworks Ltd.		389,897		6,487,164
# *	Bubs Australia Ltd.		968,640		125,060
*	Buru Energy Ltd.		713,223		52,183
# *	BWX Ltd.		744,883		98,578
*	Byron Energy Ltd.		275,427		13,881
# *	Calidus Resources Ltd.		1,064,401		140,945
	Calidus Resources Ltd.		265,219		35,099
	Calima Energy Ltd.		1,950,890		143,262
	Capitol Health Ltd.		5,725,035		1,041,539
	Capral Ltd.		63,860		312,305
*	Capricorn Metals Ltd.		2,114,178		6,220,985
# *	Carnarvon Energy Ltd.		9,430,661		783,010
#	Cash Converters International Ltd.		2,894,120		448,925
# *	Catapult Group International Ltd.		510,098		263,554
* ††	CDS Technologies Ltd.		13,276		0
	Cedar Woods Properties Ltd.		454,649		1,476,666
	Centaurus Metals Ltd.		18,553		10,606
*	Central Petroleum Ltd.		759,474		34,714
* ††	Centrebet International Ltd.		162,672		0
*	Chalice Mining Ltd.		409,991		2,179,671
*	Challenger Exploration Ltd.		103,805		9,993
#	Champion Iron Ltd.		1,444,595		6,276,569
# *	City Chic Collective Ltd.		1,254,668		406,032
*	Clean Seas Seafood Ltd.		247,494		88,494
	ClearView Wealth Ltd.		156,351		53,710
#	Clinuvel Pharmaceuticals Ltd.		257,550		3,465,802
#	Clover Corp. Ltd.		775,830		629,377
# *	Cobalt Blue Holdings Ltd.		650,479		144,951
	Cobram Estate Olives Ltd.		13,289		11,544
	Codan Ltd.		597,321		2,901,519
	COG Financial Services Ltd.		10,891		10,309
*	Cogstate Ltd.		285,806		302,162
	Collins Foods Ltd.		703,158		4,053,977
*	Comet Ridge Ltd.		1,818,100		169,813
*	Cooper Energy Ltd.		17,091,732		1,932,516
# *	Core Lithium Ltd.		5,166,719		3,401,064
#	Corporate Travel Management Ltd.		729,339		10,204,367
	Costa Group Holdings Ltd.		2,805,086		4,654,856
#	Credit Corp. Group Ltd.		454,859		5,477,217
	CSR Ltd.		3,176,445		11,119,852
*	Danakali Ltd.		949,453		257,584

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
	Data#3 Ltd.		1,162,707	$	5,869,592
	DDH1 Ltd.		179,132		101,256
# *	De Grey Mining Ltd.		7,594,615		8,151,399
# *	Deep Yellow Ltd.		2,603,723		932,261
#	Delta Lithium Ltd.		51,170		15,515
	Deterra Royalties Ltd.		120,610		369,835
*	Develop Global Ltd.		35,629		71,987
	Dicker Data Ltd.		394,787		2,136,438
	Domain Holdings Australia Ltd.		1,706,726		3,806,512
	Downer EDI Ltd.		4,211,433		9,963,128
# *	Dreadnought Resources Ltd.		5,829,110		244,707
	Eagers Automotive Ltd.		899,116		8,490,776
	Earlypay Ltd.		993,696		178,468
# *	Ecograf Ltd.		1,581,731		206,352
	Elanor Investor Group		444,530		475,560
	Elders Ltd.		1,009,369		5,434,463
# *	Electro Optic Systems Holdings Ltd.		80,313		31,557
*	Element 25 Ltd.		16,231		8,038
*	Elementos Ltd.		51,244		5,098
# *	Elevate Uranium Ltd.		172,343		39,198
# *	Elixir Energy Ltd.		2,250,692		209,737
	Emeco Holdings Ltd.		2,343,165		1,066,489
*	Emerald Resources NL		742,261		948,868
# *	EML Payments Ltd.		2,104,143		1,011,421
# *	Energy Transition Minerals Ltd.		1,881,748		44,995
	Enero Group Ltd.		285,776		345,662
# *	EnviroSuite Ltd.		1,131,191		68,594
	EQT Holdings Ltd.		177,970		3,186,859
	Estia Health Ltd.		1,674,576		2,921,650
	Eureka Group Holdings Ltd.		36,583		11,130
# *	European Lithium Ltd.		3,882,196		237,875
	Euroz Hartleys Group Ltd.		318,678		250,003
	EVT Ltd.		663,116		5,314,365
*	Experience Co. Ltd.		102,579		19,794
	Fenix Resources Ltd.		819,300		130,474
	Finbar Group Ltd.		337,695		139,869
# * ††	Firefinch Ltd.		1,569,275		38,940
	FleetPartners Group Ltd.		2,167,221		3,020,617
	Fleetwood Ltd.		654,067		656,254
# *	Flight Centre Travel Group Ltd.		786,266		10,325,038
*	Fluence Corp. Ltd.		116,395		15,095
# *	Frontier Digital Ventures Ltd.		1,085,135		360,543
	G8 Education Ltd.		5,121,444		4,147,113
# *	Galan Lithium Ltd.		1,715,880		1,229,451
# *	Genetic Signatures Ltd.		171,373		85,240
# *	Genex Power Ltd.		1,098,842		116,287
	Gold Road Resources Ltd.		7,631,631		9,495,915
	GR Engineering Services Ltd.		281,577		339,911
	GrainCorp Ltd., Class A		1,417,016		6,420,197
	Grange Resources Ltd.		3,211,827		1,318,253
	GTN Ltd.		15,394		4,887
#	GUD Holdings Ltd.		1,059,688		6,759,691
	GWA Group Ltd.		1,577,536		1,842,772
	Hansen Technologies Ltd.		1,204,639		3,608,215
*	Hastings Technology Metals Ltd.		50,199		70,093
	Healius Ltd.		3,465,521		6,886,991
	Healthia Ltd.		131,677		103,391
	Helia Group Ltd.		2,509,241		5,270,870
*	Helios Energy Ltd.		817,342		46,709

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
#	Helloworld Travel Ltd.		51,370	$	103,072
# *	Highfield Resources Ltd.		535,052		200,898
*	Hillgrove Resources Ltd.		574,385		20,919
	Hillgrove Resources Ltd.		37,123		1,302
*	Hipages Group Holdings Ltd.		10,335		5,646
	Horizon Oil Ltd.		2,305,814		245,935
*	Hot Chili Ltd.		169,686		119,601
#	HT&E Ltd.		1,600,178		1,217,709
	HUB24 Ltd.		481,265		9,099,942
#	Humm Group Ltd.		2,513,616		799,148
	Iluka Resources Ltd.		305,328		2,243,539
	Image Resources NL		946,902		72,022
	Imdex Ltd.		3,360,380		4,643,492
# *	Immutep Ltd.		2,027,168		357,347
# *	Immutep Ltd., Sponsored ADR		7,245		11,954
# *	ImpediMed Ltd.		417,437		51,281
*	Imugene Ltd		1,410,517		117,747
	Infomedia Ltd.		3,041,237		3,026,985
#	Inghams Group Ltd.		2,807,015		5,239,825
	Insignia Financial Ltd.		4,424,048		8,780,707
#	Integral Diagnostics Ltd.		1,511,271		3,165,905
# *	Integrated Research Ltd.		566,516		150,565
# *	Investigator Resources Ltd.		686,170		28,219
#	InvoCare Ltd.		908,018		6,706,221
*	ioneer Ltd.		10,507,489		2,145,483
# *	Ionic Rare Earths Ltd.		1,535,687		27,729
	IPH Ltd.		1,357,005		7,340,955
	IRESS Ltd.		1,180,193		8,109,092
	IVE Group Ltd.		690,388		1,089,145
# *	Jervois Global Ltd.		238,114		14,010
#	Johns Lyng Group Ltd.		1,066,692		4,809,277
	Jumbo Interactive Ltd.		208,843		1,816,668
#	Jupiter Mines Ltd.		5,869,315		973,533
*	Karoon Energy Ltd.		4,257,466		6,086,074
	Kelly Partners Group Holdings Ltd.		3,572		10,538
	Kelsian Group Ltd.		751,301		3,062,690
*	KGL Resources Ltd.		310,205		24,648
# *	Kogan.com Ltd.		468,030		1,355,444
# *	Lake Resources NL		2,607,188		735,884
# *	Lark Distilling Co. Ltd.		53,414		61,662
* ††	Lednium Technology Pty. Ltd.		195,019		0
# *	Leo Lithium Ltd.		1,120,910		393,681
# *	Lepidico Ltd.		2,895,993		19,343
	Liberty Financial Group Ltd.		4,470		11,353
	Lifestyle Communities Ltd.		621,484		7,036,557
	Lindsay Australia Ltd.		132,224		114,139
	Link Administration Holdings Ltd.		2,922,131		4,122,623
*	Li-S Energy Ltd.		3,944		720
*	Lithium Australia Ltd.		423,984		9,837
# *	Lithium Power International Ltd.		341,462		73,129
	Lovisa Holdings Ltd.		380,345		6,747,762
*	Lucapa Diamond Co. Ltd.		2,713,021		66,674
	Lycopodium Ltd.		66,332		448,766
	MA Financial Group Ltd.		482,786		1,485,032
#	Maas Group Holdings Ltd.		87,097		174,863
# *	Mach7 Technologies Ltd.		42,643		19,575
#	Macmahon Holdings Ltd.		5,977,758		535,505
*	Macquarie Telecom Group Ltd.		24,278		989,200
#	Mader Group Ltd.		97,209		316,336

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
#	Magellan Financial Group Ltd.		575,830	$	3,120,711
	Maggie Beer Holdings Ltd.		243,446		30,657
††	Mallee Resources Ltd.		49,485		13,753
	MaxiPARTS Ltd.		88,469		131,534
#	Mayne Pharma Group Ltd.		495,870		1,368,324
#	McMillan Shakespeare Ltd.		587,432		6,000,759
#	McPherson’s Ltd.		653,702		255,660
# *	Medical Developments International Ltd.		167,262		110,833
# *	Mesoblast Ltd.		2,382,780		1,360,881
	Mesoblast Ltd.		267,022		151,952
# *	Metals X Ltd.		2,987,127		547,711
	Metcash Ltd.		620,764		1,608,719
#	Michael Hill International Ltd.		1,522,713		1,008,501
*	Micro-X Ltd.		261,656		16,989
	Mineral Resources Ltd.		777		38,314
*	MMA Offshore Ltd.		1,756,656		1,403,682
	Monadelphous Group Ltd.		725,118		5,977,218
	Monash IVF Group Ltd.		2,250,892		1,725,441
*	MoneyMe Ltd.		73,889		5,911
* ††	Morning Star Gold NL		332,749		0
	MotorCycle Holdings Ltd.		109,445		132,093
# *	Mount Gibson Iron Ltd.		4,612,768		1,458,475
	Myer Holdings Ltd.		5,293,540		3,081,079
	MyState Ltd.		767,528		1,814,523
# *	Nanosonics Ltd.		1,720,946		6,556,178
	National Tyre & Wheel Ltd.		99,980		35,782
	Navigator Global Investments Ltd.		1,074,364		759,922
# *	Neometals Ltd.		1,640,466		681,030
	Netwealth Group Ltd.		750,336		6,818,338
# *	Neurizer Ltd.		522,952		26,094
# *	New Century Resources Ltd.		132,867		96,710
#	New Hope Corp. Ltd.		229,490		811,228
*	New World Resources Ltd.		3,583,331		105,084
	nib holdings Ltd.		2,790,913		14,320,430
#	Nick Scali Ltd.		398,883		2,581,685
	Nickel Industries Ltd.		6,295,781		4,005,588
	Nine Entertainment Co. Holdings Ltd.		6,129,428		8,454,999
# *	Nova Minerals Ltd.		125,133		28,156
# *	Novonix Ltd.		1,161,893		769,671
	NRW Holdings Ltd.		3,262,138		5,242,510
	Nufarm Ltd.		2,267,973		8,432,823
*	Nuix Ltd.		140,087		100,093
	Objective Corp. Ltd.		91,958		787,234
*	OFX Group Ltd.		1,832,543		1,736,954
#	OM Holdings Ltd.		676,887		301,471
# *	Omni Bridgeway Ltd.		2,430,661		3,706,433
	oOh!media Ltd.		3,107,285		3,404,499
# *	Opthea Ltd.		686,937		323,950
*	Ora Banda Mining Ltd.		872,203		83,663
*	OreCorp Ltd.		192,088		49,984
	Orora Ltd.		5,280,211		12,068,123
	Pacific Current Group Ltd.		333,540		1,667,922
#	Pacific Smiles Group Ltd.		272,678		254,144
#	Pact Group Holdings Ltd.		1,190,150		790,491
*	Paladin Energy Ltd.		16,375,142		7,202,137
*	Panoramic Resources Ltd.		10,609,757		1,062,760
*	Pantoro Ltd.		8,830,949		426,857
# *	Paradigm Biopharmaceuticals Ltd.		47,760		32,393
	Paragon Care Ltd.		335,469		62,421

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
# *	Peak Rare Earths Ltd.		22,422	$	9,273
	Peet Ltd.		1,364,417		1,024,450
# *	Peninsula Energy Ltd.		4,147,410		431,265
	PeopleIN Ltd.		495,034		1,019,809
#	Pepper Money Ltd.		217,431		188,141
*	Perenti Ltd.		5,379,892		4,122,705
	Perpetual Ltd.		670,235		10,953,564
	Perseus Mining Ltd.		8,455,260		12,495,963
*	PEXA Group Ltd.		655,530		5,817,650
#	Pinnacle Investment Management Group Ltd.		823,350		4,534,166
	Platinum Asset Management Ltd.		2,971,323		3,471,112
# *	PointsBet Holdings Ltd.		616,994		642,871
# *	PolyNovo Ltd.		1,089,826		1,183,961
*	Poseidon Nickel Ltd.		13,403,271		338,944
*	PPK Mining Equipment Group Pty Ltd.		22,761		0
#	Praemium Ltd.		3,035,920		1,386,533
# *	Predictive Discovery Ltd.		1,997,557		234,183
	Premier Investments Ltd.		312,518		5,438,850
# *	Prescient Therapeutics Ltd.		430,367		27,699
	Probiotec Ltd.		78,596		124,774
	Propel Funeral Partners Ltd.		220,580		643,551
# *	Province Resources Ltd.		889,179		24,123
	PSC Insurance Group Ltd.		341,000		1,059,308
	PWR Holdings Ltd.		609,415		4,070,787
	QANTM Intellectual Property Ltd.		112,211		63,950
	Ramelius Resources Ltd.		5,885,908		5,136,684
*	ReadyTech Holdings Ltd.		260,516		533,186
	Reckon Ltd.		63,196		21,606
# *	Red 5 Ltd.		21,948,684		2,471,832
* ††	Red River Resources Ltd.		480,964		8,720
# *	Redbubble Ltd.		1,256,028		339,729
	Regal Partners Ltd.		27,804		59,603
#	Regis Healthcare Ltd.		1,007,526		1,422,804
# *	Regis Resources Ltd.		5,024,922		7,109,934
# *	Reject Shop Ltd.		187,503		598,905
	Reliance Worldwide Corp. Ltd.		4,579,687		12,489,400
# *	Renascor Resources Ltd.		811,510		114,278
#	Resimac Group Ltd.		124,613		78,179
# *	Resolute Mining Ltd.		13,772,800		4,370,388
*	Retail Food Group Ltd.		13,948,578		666,667
*	Rex Minerals Ltd.		1,129,557		184,679
	Ridley Corp. Ltd.		1,958,399		2,808,016
*	RPMGlobal Holdings Ltd.		1,121,106		1,042,060
# *	Rumble Resources Ltd.		178,014		26,057
* ††	Salmat Ltd.		667,137		0
*	Sandfire Resources Ltd.		3,243,721		14,132,411
# *	SciDev Ltd.		144,186		30,783
#	Select Harvests Ltd.		869,737		2,552,085
#	Servcorp Ltd.		348,243		730,868
	Service Stream Ltd.		3,744,738		1,654,162
*	Seven West Media Ltd.		5,845,501		1,494,888
#	SG Fleet Group Ltd.		639,084		856,086
	Shaver Shop Group Ltd.		677,094		482,526
*	Sheffield Resources Ltd.		249,376		81,083
	Shine Justice Ltd.		59,739		29,854
	Shriro Holdings Ltd.		24,206		12,038
*	Sierra Rutile Holdings Ltd.		1,232,661		184,338
	Sigma Healthcare Ltd.		7,250,074		3,364,878
# *	Silex Systems Ltd.		89,992		201,105

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
*	Silver Lake Resources Ltd.		6,142,804	$	5,178,565
# *	Silver Mines Ltd.		4,201,505		613,876
	Sims Ltd.		1,036,292		10,860,078
	SmartGroup Corp. Ltd.		839,636		3,758,276
#	Solvar Ltd.		1,372,477		1,719,948
	Southern Cross Electrical Engineering Ltd.		831,537		353,307
	Southern Cross Media Group Ltd.		1,620,933		899,867
* ††	SpeedCast International Ltd.		1,497,915		0
	SRG Global Ltd.		1,266,783		635,442
# *	St Barbara Ltd.		5,509,495		2,205,287
*	Star Entertainment Group Ltd.		9,779,375		8,289,729
# *	Starpharma Holdings Ltd.		262,161		83,632
*	Strandline Resources Ltd.		1,776,884		426,662
# *	Strike Energy Ltd.		5,378,192		1,698,936
	Sunland Group Ltd.		954,475		910,076
# *	Sunstone Metals Ltd.		7,298,573		169,422
	Super Retail Group Ltd.		1,057,351		9,542,159
# *	Superloop Ltd.		2,345,214		957,396
#	Symbio Holdings Ltd.		318,710		448,453
*	Syrah Resources Ltd.		4,792,786		3,705,778
	Tabcorp Holdings Ltd.		12,158,213		8,480,529
	Technology One Ltd.		644,622		6,498,959
# *	Temple & Webster Group Ltd.		556,386		1,491,764
	Ten Sixty Four Ltd.		1,044,721		394,036
	Terracom Ltd.		2,887,708		1,230,610
*	Tietto Minerals Ltd.		498,494		197,925
	Tribune Resources Ltd.		14,725		36,138
# *	Tyro Payments Ltd.		2,329,322		2,465,765
	United Malt Group Ltd.		1,827,063		5,352,735
	Universal Store Holdings Ltd.		19,109		59,627
* ††	Virgin Australia Holdings Pty. Ltd.		7,648,897		0
W	Viva Energy Group Ltd.		1,486,374		3,072,333
# *	Viva Leisure Ltd.		84,215		69,255
*	Vmoto Ltd.		267,457		62,010
# *	Volpara Health Technologies Ltd.		225,102		117,825
# *	VRX Silica Ltd.		16,114		1,074
# *	Vulcan Energy Resources Ltd.		44,153		175,830
*	Wagners Holding Co. Ltd.		137,096		69,474
* ††	Walkabout Resources Ltd.		1,129,282		79,171
*	Warrego Energy Ltd.		86,865		20,692
# *	Webjet Ltd.		2,404,516		11,891,159
*	West African Resources Ltd.		6,214,556		4,020,717
# *	Westgold Resources Ltd.		3,298,440		3,333,411
*	Widgie Nickel Ltd.		265,653		50,336
* ††	Wiluna Mining Corp. Ltd.		248,265		12,633
	XRF Scientific Ltd.		16,849		14,992
# *	Zip Co. Ltd.		2,250,758		768,938
TOTAL AUSTRALIA					801,471,266
CHINA — (0.1%)
# *	AustAsia Group Ltd.		450,602		183,853
W	BOC Aviation Ltd.		9,900		78,467
	Fountain SET Holdings Ltd.		3,118,000		278,064
*	Goodbaby International Holdings Ltd.		340,000		23,900
*	Neo-Neon Holdings Ltd.		2,061,500		111,597
	SIIC Environment Holdings Ltd.		5,686,720		833,517
TOTAL CHINA					1,509,398

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (22.4%)
*	Aceso Life Science Group Ltd.		7,436,400	$	164,902
	Aeon Credit Service Asia Co. Ltd.		1,042,000		704,205
*	Aidigong Maternal & Child Health Ltd.		3,680,000		244,404
	Allied Group Ltd.		11,542,000		2,457,221
	Analogue Holdings Ltd.		842,000		156,646
	APAC Resources Ltd.		4,519,815		600,299
# *	Apollo Future Mobility Group Ltd.		11,672,000		177,458
*	Applied Development Holdings Ltd.		2,965,000		23,420
	Asia Financial Holdings Ltd.		1,928,908		842,951
*	Asia Standard International Group Ltd.		11,004,917		883,926
	ASMPT Ltd.		1,584,800		12,459,941
	Associated International Hotels Ltd.		952,000		1,142,248
	Bank of East Asia Ltd.		3,206,977		4,226,506
	Best Mart 360 Holdings Ltd.		984,000		257,120
*	Blue River Holdings Ltd.		220,000		17,407
	BOCOM International Holdings Co. Ltd.		2,371,000		134,530
	Bright Smart Securities & Commodities Group Ltd.		862,000		152,157
* ††	Brightoil Petroleum Holdings Ltd.		9,034,000		0
	Build King Holdings Ltd.		630,000		83,468
* ††	Burwill Holdings Ltd.		37,300,960		0
	Cafe de Coral Holdings Ltd.		2,566,000		3,594,164
*	Central Wealth Group Holdings Ltd.		11,186,000		62,652
*	Century City International Holdings Ltd.		7,111,460		305,001
	Chen Hsong Holdings		1,296,000		287,665
	Cheuk Nang Holdings Ltd.		771,714		192,627
	Chevalier International Holdings Ltd.		820,989		717,009
*	China Baoli Technologies Holdings Ltd.		114,750		1,241
*	China Best Group Holding Ltd.		1,124,998		38,710
*	China Energy Development Holdings Ltd.		49,560,000		575,067
	China Motor Bus Co. Ltd.		80,000		733,812
# *	China Star Entertainment Ltd.		10,480,000		1,037,975
*	China Tonghai International Financial Ltd.		1,300,000		32,544
*	Chinese Estates Holdings Ltd.		2,823,000		815,488
	Chinney Investments Ltd.		1,180,000		180,253
	Chow Sang Sang Holdings International Ltd.		2,353,000		3,091,623
	Chuang’s China Investments Ltd.		8,811,407		273,083
	Chuang’s Consortium International Ltd.		7,519,043		604,182
	CITIC Telecom International Holdings Ltd.		11,519,125		4,627,794
#	CK Life Sciences International Holdings, Inc.		17,214,000		1,737,696
#	CMBC Capital Holdings Ltd.		440,999		68,664
*	C-Mer Eye Care Holdings Ltd.		2,642,000		1,513,428
	CN Logistics International Holdings Ltd.		33,000		33,703
	CNT Group Ltd.		7,979,264		385,348
	Convenience Retail Asia Ltd.		1,026,000		117,662
# ††	Convoy, Inc.		32,922,000		131,274
*	Cowell e Holdings, Inc.		1,362,000		2,634,396
W	Crystal International Group Ltd.		378,500		146,057
# *	CSC Holdings Ltd.		83,051,250		403,012
	CSI Properties Ltd.		47,866,383		968,115
* ††	CW Group Holdings Ltd.		1,361,500		0
	Dah Sing Banking Group Ltd.		3,645,916		2,924,371
	Dah Sing Financial Holdings Ltd.		1,369,744		3,509,181
	Dickson Concepts International Ltd.		1,591,000		834,757
*	Digital Domain Holdings Ltd.		581,000		17,371
	Dynamic Holdings Ltd.		224,000		276,112
	Eagle Nice International Holdings Ltd.		2,022,000		1,120,170
	EC Healthcare		1,918,097		1,291,571
* ††	EcoGreen International Group Ltd.		1,994,640		90,538
*	Elegance Optical International Holdings Ltd.		1,160,000		36,226

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
	Emperor International Holdings Ltd.		10,584,753	$	836,577
	Emperor Watch & Jewellery Ltd.		25,160,000		561,196
*	ENM Holdings Ltd.		12,820,000		663,157
*	Esprit Holdings Ltd.		10,602,825		867,358
*	Eternity Investment Ltd.		820,000		8,981
	EuroEyes International Eye Clinic Ltd., Class C		331,000		225,500
#	Fairwood Holdings Ltd.		792,100		1,185,145
	Far East Consortium International Ltd.		13,448,629		3,397,309
	First Pacific Co. Ltd.		14,558,000		4,874,953
* W	FIT Hon Teng Ltd.		3,492,000		692,364
* W	Fosun Tourism Group		228,800		266,712
	Four Seas Mercantile Holdings Ltd.		610,000		204,116
* W	Frontage Holdings Corp.		3,020,000		939,640
	FSE Lifestyle Services Ltd.		670,000		515,432
*	Fullwealth International Group Holdings Ltd.		448,000		43,962
* ††	Genting Hong Kong Ltd.		5,824,000		57,723
	Get Nice Financial Group Ltd.		2,438,600		205,262
	Giordano International Ltd.		8,232,000		2,476,388
	Glorious Sun Enterprises Ltd.		3,932,000		370,902
# *	Gold Fin Holdings		9,580,000		0
*	Gold Peak Technology Group Ltd., Class L		3,029,642		216,114
	Golden Resources Development International Ltd.		4,082,500		677,935
* ††	Goodresources		6,860,000		0
*	GR Properties Ltd.		2,224,000		251,866
	Great Eagle Holdings Ltd.		1,200,472		2,451,335
*	Greentech Technology International Ltd.		2,594,000		172,155
	G-Resources Group Ltd.		2,582,810		693,261
	Guoco Group Ltd.		2,000		16,907
	Guotai Junan International Holdings Ltd.		23,945,797		2,022,485
*	Haitong International Securities Group Ltd.		13,038,640		1,100,603
	Hang Lung Group Ltd.		3,214,000		5,650,288
	Hanison Construction Holdings Ltd.		2,713,649		376,602
*	Harbour Centre Development Ltd.		935,500		861,411
	HKBN Ltd.		4,485,000		3,164,851
	HKR International Ltd.		7,078,969		2,306,585
	Hon Kwok Land Investment Co. Ltd.		388,800		99,795
# *	Hong Kong ChaoShang Group Ltd.		1,320,000		134,682
	Hong Kong Ferry Holdings Co. Ltd.		1,007,300		914,525
	Hong Kong Technology Venture Co. Ltd.		2,292,000		1,441,708
*	Hongkong & Shanghai Hotels Ltd.		3,637,989		3,573,731
	Hongkong Chinese Ltd.		5,038,000		341,999
W	Honma Golf Ltd.		1,097,500		467,352
# * ††	Hsin Chong Group Holdings Ltd.		10,243,403		0
	Hung Hing Printing Group Ltd.		2,940,000		423,568
	Hutchison Telecommunications Hong Kong Holdings Ltd.		10,080,000		1,748,670
*	Hypebeast Ltd.		109,700		4,125
	Hysan Development Co. Ltd.		3,175,000		8,972,694
# *	IGG, Inc.		5,956,000		4,923,521
*	Imagi International Holdings Ltd.		836,984		36,295
W	Impro Precision Industries Ltd.		386,000		143,161
	International Housewares Retail Co. Ltd.		1,970,000		725,740
*	IPE Group Ltd.		3,345,000		225,736
*	IRC Ltd.		35,846,266		412,141
	ITC Properties Group Ltd.		5,543,292		713,829
	Jacobson Pharma Corp. Ltd.		3,580,000		434,117
	Johnson Electric Holdings Ltd.		2,265,054		2,532,474
	K Wah International Holdings Ltd.		1,763,000		609,230
*	Kader Holdings Co. Ltd.		14,000		769
	Karrie International Holdings Ltd.		2,932,000		321,758

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
	Keck Seng Investments Hong Kong Ltd.		856,600	$	315,625
	Kerry Logistics Network Ltd.		4,030,500		5,710,729
	Kerry Properties Ltd.		3,074,500		7,932,534
	Kingmaker Footwear Holdings Ltd.		1,878,955		204,183
	Kowloon Development Co. Ltd.		3,067,000		3,342,724
	KRP Development Holdings Ltd.		733,000		126,997
# *	KuangChi Science Ltd.		3,714,000		75,768
*	Kwoon Chung Bus Holdings Ltd.		44,000		12,058
*	Lai Sun Development Co. Ltd.		2,556,894		503,744
*	Lai Sun Garment International Ltd.		1,497,442		295,752
	Lam Soon Hong Kong Ltd.		326,310		426,921
	Langham Hospitality Investments & Langham Hospitality Investments Ltd.		4,040,750		536,744
	Lippo China Resources Ltd.		17,982,000		233,002
	Lippo Ltd.		1,161,700		292,793
#	Liu Chong Hing Investment Ltd.		1,531,200		1,245,375
	L’Occitane International SA		1,657,000		4,215,534
	Luk Fook Holdings International Ltd.		3,450,000		11,055,607
	Lung Kee Bermuda Holdings		1,491,875		422,104
*	Magnificent Hotel Investment Ltd.		13,170,000		192,359
	Man Wah Holdings Ltd.		5,206,800		4,380,154
*	Mason Group Holdings Ltd.		111,713,399		397,831
* ††	Master Glory GP		972,981		0
	Matrix Holdings Ltd.		1,067,414		322,035
#	MECOM Power & Construction Ltd.		7,414,000		1,353,245
	Melbourne Enterprises Ltd.		39,500		601,752
*	Melco International Development Ltd.		3,108,000		3,617,184
# * ††	MH Development NPV		3,238,000		0
*	Midland Holdings Ltd.		2,901,987		304,092
	Miramar Hotel & Investment		1,160,000		1,703,992
	Modern Dental Group Ltd.		2,158,000		701,827
# *	Mongolian Mining Corp.		1,095,000		392,974
*	NagaCorp Ltd.		5,192,946		4,210,190
#	Nameson Holdings Ltd.		7,692,000		500,438
	Nanyang Holdings Ltd.		133,500		464,854
	National Electronics Holdings		2,668,600		302,609
* ††	National United Resources Holdings Ltd.		1,828,000		23,162
	NEW Concepts Holdings Ltd.		488,000		39,329
*	New Times Energy Corp. Ltd.		994,000		16,277
* ††	NewOcean Energy Holdings Ltd.		7,246,000		6,462
	Nissin Foods Co. Ltd.		1,561,000		1,394,512
	NWS Holdings Ltd.		7,045,000		6,102,107
	Oriental Watch Holdings		2,679,611		1,534,966
# *	Oshidori International Holdings Ltd.		20,024,400		623,376
* ††	Pacific Andes International Holdings Ltd.		19,435,067		0
	Pacific Basin Shipping Ltd.		27,975,000		9,734,073
*	Pacific Century Premium Developments Ltd.		457,240		20,432
	Pacific Textiles Holdings Ltd.		5,060,000		1,628,094
*	Paliburg Holdings Ltd.		3,180,830		662,409
*	Paradise Entertainment Ltd.		2,012,000		215,742
#	PC Partner Group Ltd.		1,108,000		635,493
	PCCW Ltd.		17,803,545		9,286,827
* ††	Peace Mark Holdings Ltd.		2,479,870		0
	Pentamaster International Ltd.		1,550,000		219,615
#	Perfect Medical Health Management Ltd.		2,611,000		1,273,445
	Pico Far East Holdings Ltd.		5,010,000		844,800
	Playmates Holdings Ltd.		7,082,000		514,898
	Plover Bay Technologies Ltd.		2,224,000		660,996
	Pokfulam Development Co. Ltd.		62,000		65,539
*	PT International Development Co. Ltd.		8,229,150		122,791

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
	Public Financial Holdings Ltd.		2,848,000	$	799,343
* ††	Pyxis Group Ltd.		1,936,000		0
*	Realord Group Holdings Ltd.		290,000		200,658
*	Regal Hotels International Holdings Ltd.		2,897,800		1,145,922
W	Regina Miracle International Holdings Ltd.		1,983,000		708,342
	Safety Godown Co. Ltd.		1,200,000		320,994
* W	Samsonite International SA		894,300		2,833,898
	SAS Dragon Holdings Ltd.		2,178,000		969,732
	SEA Holdings Ltd.		1,657,523		455,923
*	Shangri-La Asia Ltd.		4,380,000		4,040,614
*	Shin Hwa World Ltd.		6,932,800		115,741
*	Shun Ho Property Investments Ltd.		1,254,757		187,292
*	Shun Tak Holdings Ltd.		9,175,419		1,665,582
	Singamas Container Holdings Ltd.		8,800,000		685,025
*	SJM Holdings Ltd.		13,900,750		7,238,542
	SmarTone Telecommunications Holdings Ltd.		1,769,981		1,077,301
#	Solomon Systech International Ltd.		8,926,000		553,798
	Soundwill Holdings Ltd.		600,500		507,995
*	South China Holdings Co. Ltd.		17,774,503		101,070
*	Space Group Holdings Ltd.		482,500		215,107
	Stella International Holdings Ltd.		2,693,500		2,804,337
	Sun Hung Kai & Co. Ltd.		4,852,429		1,790,442
*	Suncorp Technologies Ltd.		210,000		6,707
	SUNeVision Holdings Ltd.		2,891,000		1,642,630
	TAI Cheung Holdings Ltd.		2,329,000		1,202,424
	Tai Hing Group Holdings Ltd.		221,000		27,370
	Tai Sang Land Development Ltd.		798,910		375,847
#	Tan Chong International Ltd.		1,176,000		253,123
	Tao Heung Holdings Ltd.		1,396,000		152,006
*	Television Broadcasts Ltd.		1,782,500		1,562,347
	Texhong International Group Ltd.		371,000		271,014
	Texwinca Holdings Ltd.		4,072,000		727,132
# *	Theme International Holdings Ltd.		3,670,000		426,458
	Tian Teck Land Ltd.		1,024,000		449,839
*	TOM Group Ltd.		416,000		33,508
*	Tongda Group Holdings Ltd.		640,000		9,001
	Town Health International Medical Group Ltd.		6,486,115		251,921
	Tradelink Electronic Commerce Ltd.		6,126,000		743,648
	Transport International Holdings Ltd.		1,584,202		2,098,337
	United Laboratories International Holdings Ltd.		5,574,000		4,513,164
*	Universal Technologies Holdings Ltd.		1,730,000		24,546
* ††	Untrade.China Solar		1,669,500		0
* ††	Up Energy Development Group Ltd.		3,929,000		0
*	Value Convergence Holdings Ltd.		2,448,000		46,203
#	Value Partners Group Ltd.		5,325,000		1,690,107
	Vedan International Holdings Ltd.		3,576,000		221,161
	Vesync Co. Ltd.		18,000		7,024
	Vitasoy International Holdings Ltd.		3,591,000		6,351,882
# * W	VPower Group International Holdings Ltd., Class H		2,839,397		132,340
#	VSTECS Holdings Ltd.		5,429,600		3,119,275
	VTech Holdings Ltd.		1,166,000		7,000,123
	Wai Kee Holdings Ltd.		5,024,738		1,032,186
*	Wang On Group Ltd.		41,740,000		260,698
# *	Wealthking Investments Ltd.		7,296,000		279,641
	Wing On Co. International Ltd.		759,000		1,278,558
#	Wing Tai Properties Ltd.		2,187,331		972,313
*	YT Realty Group Ltd.		1,968,124		160,669
	YTO International Express & Supply Chain Technology Ltd.		810,000		188,229
	Yue Yuen Industrial Holdings Ltd.		3,152,000		4,743,529

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
# *	Yunfeng Financial Group Ltd.		612,000	$	92,356
# *	Zensun Enterprises Ltd.		1,154,000		106,693
*	Zhaobangji Properties Holdings Ltd.		2,104,000		87,160
TOTAL HONG KONG					290,673,948
NEW ZEALAND — (4.0%)
*	AFT Pharmaceuticals Ltd.		34,226		72,004
*	Air New Zealand Ltd.		2,841,438		1,338,757
	Arvida Group Ltd.		1,195,729		769,663
	Briscoe Group Ltd.		34,115		95,008
	Channel Infrastructure NZ Ltd.		895,413		820,406
	Chorus Ltd.		1,935,849		10,350,954
	Colonial Motor Co. Ltd.		139,730		796,157
	Comvita Ltd.		50,282		87,091
	Delegat Group Ltd.		6,400		35,845
# *	Eroad Ltd.		24,092		8,649
#	Freightways Group Ltd.		830,172		4,880,012
	Genesis Energy Ltd.		37,373		62,717
*	Gentrack Group Ltd.		71,302		142,166
	Hallenstein Glasson Holdings Ltd.		307,057		1,187,752
	Heartland Group Holdings Ltd.		2,479,782		2,442,771
	Investore Property Ltd.		688,657		605,546
	KMD Brands Ltd.		2,417,158		1,661,768
#	Manawa Energy Ltd.		237,979		724,722
#	Millennium & Copthorne Hotels New Zealand Ltd.		354,679		459,074
#	Napier Port Holdings Ltd.		46,155		71,684
#	NZME Ltd.		945,851		608,296
#	NZX Ltd.		1,581,780		1,144,789
	Oceania Healthcare Ltd.		1,548,770		661,361
# *	Pacific Edge Ltd.		1,320,554		380,420
	PGG Wrightson Ltd.		120,785		325,217
# *	Pushpay Holdings Ltd.		2,847,906		2,504,891
*	Rakon Ltd.		182,922		116,652
	Restaurant Brands New Zealand Ltd.		145,379		669,093
* ††	RPNZ Ltd.		274,180		0
#	Sanford Ltd.		362,156		921,021
#	Scales Corp. Ltd.		436,710		851,752
#	Scott Technology Ltd.		53,121		97,540
# *	Serko Ltd.		125,518		163,335
	Skellerup Holdings Ltd.		802,263		2,424,707
	SKY Network Television Ltd.		360,113		587,384
	SKYCITY Entertainment Group Ltd.		4,231,477		6,283,869
	Steel & Tube Holdings Ltd.		575,667		366,732
	Summerset Group Holdings Ltd.		655,188		3,301,813
*	Synlait Milk Ltd.		346,641		345,787
*	Tourism Holdings Ltd.		683,001		1,774,894
	TOWER Ltd.		1,895,126		750,129
#	Turners Automotive Group Ltd.		109,772		227,938
# *	Vista Group International Ltd.		516,999		393,793
	Warehouse Group Ltd.		396,236		422,054
TOTAL NEW ZEALAND					51,936,213
SINGAPORE — (11.0%)
* ††	Abterra Ltd.		230,320		0
#	AEM Holdings Ltd.		798,000		2,033,686
	Amara Holdings Ltd.		974,800		244,456
# *	Avarga Ltd.		2,626,500		423,214
	Aztech Global Ltd.		423,100		257,802

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SINGAPORE — (Continued)
# *	Banyan Tree Holdings Ltd.		927,000	$	253,830
# * ††	Best World International Ltd.		514,383		843,835
#	Bonvests Holdings Ltd.		950,000		688,831
	Boustead Singapore Ltd.		2,084,782		1,258,722
	BRC Asia Ltd.		26,900		35,308
#	Bukit Sembawang Estates Ltd.		1,176,003		3,576,800
	Bund Center Investment Ltd.		659,825		240,926
	Capitaland India Trust		4,398,500		3,601,875
#	Centurion Corp. Ltd.		1,405,100		379,614
#	China Aviation Oil Singapore Corp. Ltd.		2,325,999		1,615,764
	China Sunsine Chemical Holdings Ltd.		3,341,800		1,155,178
	Chuan Hup Holdings Ltd.		3,341,700		496,949
	Civmec Ltd.		162,700		83,579
	ComfortDelGro Corp. Ltd.		9,307,100		8,331,464
# *	COSCO Shipping International Singapore Co. Ltd.		6,124,000		772,913
# *	Creative Technology Ltd.		285,050		286,700
#	CSE Global Ltd.		2,678,760		713,867
	Dasin Retail Trust		296,700		26,916
	Del Monte Pacific Ltd.		2,336,864		412,607
	Delfi Ltd.		1,113,800		970,779
* ††	DMX Technologies Group Ltd.		2,096,000		0
#	Dyna-Mac Holdings Ltd.		1,390,900		267,400
# * ††	Ezion Holdings Ltd.		9,845,878		0
# * ††	Ezra Holdings Ltd.		6,762,986		0
	Far East Orchard Ltd.		1,191,395		929,094
	First Resources Ltd.		2,405,800		2,773,605
#	First Sponsor Group Ltd.		484,728		469,105
	Food Empire Holdings Ltd.		1,334,200		1,011,838
#	Fraser & Neave Ltd.		328,300		275,808
	Frasers Property Ltd.		13,400		8,795
#	Frencken Group Ltd.		1,082,500		850,511
#	Fu Yu Corp. Ltd.		3,671,500		580,358
*	Gallant Venture Ltd.		5,386,600		586,021
#	Geo Energy Resources Ltd.		2,143,100		539,557
	Golden Agri-Resources Ltd.		30,687,500		6,346,576
# *	Golden Energy & Resources Ltd.		2,327,500		1,671,103
	GP Industries Ltd.		181,509		84,922
	Grand Venture Technology Ltd.		34,200		12,759
#	GuocoLand Ltd.		1,697,314		2,026,808
	Haw Par Corp. Ltd.		430,100		3,106,590
	Hiap Hoe Ltd.		498,000		278,073
#	Ho Bee Land Ltd.		1,505,100		2,455,157
#	Hong Fok Corp. Ltd.		2,519,194		1,951,601
	Hong Leong Asia Ltd.		1,675,100		862,179
	Hong Leong Finance Ltd.		1,027,400		2,012,233
#	Hotel Grand Central Ltd.		1,611,854		1,090,549
#	Hour Glass Ltd.		1,390,232		2,173,101
	HRnetgroup Ltd.		343,300		193,112
#	Hutchison Port Holdings Trust		24,134,400		4,578,320
# * ††	Hyflux Ltd.		3,238,900		0
	iFAST Corp. Ltd.		719,700		2,505,297
#	Indofood Agri Resources Ltd.		2,701,700		638,610
	InnoTek Ltd.		336,600		121,603
#	ISDN Holdings Ltd.		412,544		146,132
#	Japfa Ltd.		2,503,910		395,430
# * ††	Jurong Technologies Industrial Corp. Ltd.		2,227,680		0
	Keppel Infrastructure Trust		18,468,846		6,789,133
#	KSH Holdings Ltd.		1,278,300		326,060
	Low Keng Huat Singapore Ltd.		949,800		285,513

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SINGAPORE — (Continued)
*	Mandarin Oriental International Ltd.		1,452,700	$	2,648,136
# *	Marco Polo Marine Ltd.		7,193,300		243,354
	Metro Holdings Ltd.		2,946,592		1,317,002
	Mewah International, Inc.		89,000		20,643
	Micro-Mechanics Holdings Ltd.		131,000		206,469
# * ††	Midas Holdings Ltd.		8,576,553		0
# *	mm2 Asia Ltd.		5,969,400		175,049
	Nanofilm Technologies International Ltd.		979,300		1,109,092
	Netlink NBN Trust		2,409,100		1,581,468
	NSL Ltd.		409,900		270,096
# *	Oceanus Group Ltd.		4,959,300		44,852
	OUE Ltd.		1,980,100		1,738,578
#	Oxley Holdings Ltd.		7,186,441		738,561
	Pacific Century Regional Developments Ltd.		179,000		49,679
	Pan-United Corp. Ltd.		1,866,350		533,106
	Propnex Ltd.		772,600		724,660
#	PSC Corp. Ltd.		1,339,819		362,192
#	Q&M Dental Group Singapore Ltd.		1,136,160		272,889
	QAF Ltd.		1,484,380		957,097
# *	Raffles Education Ltd.		2,803,923		109,270
	Raffles Medical Group Ltd.		5,971,532		6,594,436
	Riverstone Holdings Ltd.		617,800		281,024
*	SATS Ltd.		3,493,167		6,672,950
#	SBS Transit Ltd.		796,600		1,643,162
*	Sembcorp Marine Ltd.		1,482,000		138,215
	Sheng Siong Group Ltd.		3,673,500		4,878,824
*	SHS Holdings Ltd.		2,175,300		234,890
*	SIA Engineering Co. Ltd.		1,672,600		2,805,319
	Silverlake Axis Ltd.		950,300		239,273
	Sinarmas Land Ltd.		7,118,700		965,771
#	Sing Holdings Ltd.		1,470,400		388,015
	Sing Investments & Finance Ltd.		350,675		415,238
	Singapore Land Group Ltd.		134,069		220,459
	Singapore Post Ltd.		8,890,300		3,405,784
	Singapore Shipping Corp. Ltd.		1,642,504		308,071
	Stamford Land Corp. Ltd.		5,782,218		1,734,631
	StarHub Ltd.		4,412,000		3,312,946
	Straco Corp. Ltd.		130,000		47,091
#	Straits Trading Co. Ltd.		454,500		736,890
# * ††	Swiber Holdings Ltd.		2,895,250		0
	Thomson Medical Group Ltd.		2,521,100		119,269
	Tiong Woon Corp. Holding Ltd.		26,600		9,381
#	Tuan Sing Holdings Ltd.		4,214,136		1,061,210
	UMS Holdings Ltd.		2,436,968		1,893,765
	United Overseas Insurance Ltd.		168,150		790,938
	UOB-Kay Hian Holdings Ltd.		2,574,498		2,745,293
#	Valuetronics Holdings Ltd.		2,647,550		1,024,817
	Venture Corp. Ltd.		156,300		1,996,851
#	Vicom Ltd.		557,500		773,467
#	Wee Hur Holdings Ltd.		2,614,200		381,138
	Wing Tai Holdings Ltd.		3,417,367		3,795,397
	Yangzijiang Shipbuilding Holdings Ltd.		2,554,600		2,382,261
	Yeo Hiap Seng Ltd.		228,759		110,785
TOTAL SINGAPORE					142,258,322
TOTAL COMMON STOCKS					1,287,849,147

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
RIGHTS/WARRANTS —  (0.0%)
AUSTRALIA —  (0.0%)
*	Australian Mines Ltd. Warrants 05/30/24		120,864	$	600
*	Decmil Group Ltd. Warrants 09/06/23		5,306		0
*	European Lithium Ltd. Warrants 03/31/25		323,975		4,288
*	Highfield Resources Ltd. Warrants 06/19/24		11,353		0
*	KGL Resources Ltd. Rights 05/18/23		114,890		0
# *	PointsBet Holdings Ltd. Warrants 07/08/24		6,189		0
TOTAL AUSTRALIA					4,888
SINGAPORE —  (0.0%)
# *	Ezion Holdings Ltd.		4,459,201		0
*	Keppel Infrastructure Trust Rights 05/10/23		923,442		15,917
TOTAL SINGAPORE					15,917
TOTAL RIGHTS/WARRANTS					20,805
TOTAL INVESTMENT SECURITIES
(Cost $1,491,730,927)					1,287,869,952
				Value†
SECURITIES LENDING COLLATERAL —  (0.8%)
@ §	The DFA Short Term Investment Fund		893,771		10,338,251
TOTAL INVESTMENTS —  (100.0%)
(Cost $1,502,068,586)				$	1,298,208,203

ADR American Depositary Receipt

SA    Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

# Total or Partial Securities on Loan.

* Non-Income Producing Securities.

†† Security valued using significant unobservable inputs (Level 3).

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	11,954	$	801,278,444	$	180,868	$	801,471,266
China		—		1,509,398		—		1,509,398
Hong Kong		126,997		290,237,792		309,159		290,673,948
New Zealand		—		51,936,213		—		51,936,213
Singapore		—		141,414,487		843,835		142,258,322
Rights/Warrants
Australia		—		4,888		—		4,888
Singapore		—		15,917		—		15,917
Securities Lending Collateral		—		10,338,251		—		10,338,251
TOTAL	$	138,951	$	1,296,735,390	$	1,333,862^	$	1,298,208,203

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

THE UNITED KINGDOM SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (99.2%)
COMMUNICATION SERVICES — (3.6%)
	4imprint Group PLC		163,687	$	9,288,932
*	Ascential PLC		1,690,309		5,428,202
	Bloomsbury Publishing PLC		316,806		1,787,544
	Centaur Media PLC		254,249		154,955
# *	Frontier Developments PLC		55,575		346,896
	Future PLC		140,642		1,995,687
	Gamma Communications PLC		197,276		2,892,501
*	Helios Towers PLC		1,996,859		2,610,126
# *	Hyve Group PLC		1,575,593		2,385,267
	ITV PLC		7,341,206		7,472,013
	Moneysupermarket.com Group PLC		3,209,924		11,084,309
	Next 15 Group PLC		159,091		1,685,116
	Reach PLC		2,007,509		2,136,519
*	S4 Capital PLC		302,254		555,650
	STV Group PLC		4,918		15,523
*	Tremor International Ltd.		169,671		474,990
*	Tremor International Ltd., ADR		2,906		16,622
TOTAL COMMUNICATION SERVICES					50,330,852
CONSUMER DISCRETIONARY — (18.6%)
*	888 Holdings PLC		2,178,765		2,201,223
*	ASOS PLC		68,338		636,005
# * W	Aston Martin Lagonda Global Holdings PLC		655,367		1,995,287
*	Auction Technology Group PLC		27,557		242,386
	Bellway PLC		469,559		14,236,773
*	boohoo Group PLC		1,255,381		778,849
*	Card Factory PLC		1,094,421		1,506,913
# *	Cazoo Group Ltd.		28,833		51,323
	Coats Group PLC		5,377,757		5,295,709
	Crest Nicholson Holdings PLC		1,975,094		6,673,966
	Currys PLC		6,260,055		4,498,702
* W	Deliveroo PLC		1,136,062		1,563,338
	DFS Furniture PLC		1,221,904		1,932,527
*	Dignity PLC		176,027		1,223,742
	Domino’s Pizza Group PLC		3,097,499		11,459,734
	Dr Martens PLC		506,311		1,055,604
	Dunelm Group PLC		687,101		9,893,291
*	Frasers Group PLC		875,133		8,456,979
	Fuller Smith & Turner PLC, Class A		151,287		898,610
	Games Workshop Group PLC		176,924		22,083,298
	Greggs PLC		601,854		21,375,392
# * W	Gym Group PLC		942,085		1,230,780
	Halfords Group PLC		1,483,295		3,918,078
	Headlam Group PLC		505,637		1,852,511
	Henry Boot PLC		546,682		1,638,296
	Hollywood Bowl Group PLC		321,950		973,907
* W	Hostelworld Group PLC		188,040		294,538
	Inchcape PLC		2,177,596		22,168,922
*	J D Wetherspoon PLC		494,051		4,436,553
	Lookers PLC		1,469,033		1,599,765
*	Marston’s PLC		3,765,638		1,649,804
	Me Group International PLC		1,538,043		2,488,073
*	Mitchells & Butlers PLC		1,897,027		4,171,295

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	MJ Gleeson PLC		240,572	$	1,292,583
*	Motorpoint group PLC		51,520		87,350
# *	N Brown Group PLC		949,432		346,735
* W	On the Beach Group PLC		76,095		126,567
*	Pendragon PLC		5,100,308		1,131,960
	Pets at Home Group PLC		2,837,331		13,764,926
*	Playtech PLC		1,926,086		13,981,383
	PPHE Hotel Group Ltd.		15,424		218,263
*	Rank Group PLC		1,027,396		1,244,956
	Redrow PLC		1,564,465		10,199,662
*	Restaurant Group PLC		1,202,762		612,128
	Smiths News PLC		43,375		28,876
*	SSP Group PLC		3,311,469		10,728,639
# * ††	Studio Retail Group PLC		220,669		0
*	Superdry PLC		345,305		374,335
# *	THG PLC		494,432		623,751
W	TI Fluid Systems PLC		403,851		536,816
	Topps Tiles PLC		786,772		506,071
	Vertu Motors PLC		1,326,258		963,884
	Victorian Plumbing Group PLC		3,642		3,346
	VIDENDUM PLC		218,073		2,153,183
	Vistry Group PLC		1,351,196		13,318,478
* W	Watches of Switzerland Group PLC		617,205		6,460,901
	WH Smith PLC		514,931		10,214,214
	Wickes Group PLC		2,160,884		3,658,566
	Young & Co’s Brewery PLC, Class A		15,277		219,693
TOTAL CONSUMER DISCRETIONARY					257,279,439
CONSUMER STAPLES — (7.9%)
	AG Barr PLC		742,960		4,690,952
	Anglo-Eastern Plantations PLC		124,523		1,310,378
W	Bakkavor Group PLC		121,093		145,790
	Britvic PLC		1,626,728		18,701,806
*	C&C Group PLC		1,932,706		3,803,758
	Carr’s Group PLC		349,511		558,290
	Cranswick PLC		366,623		14,825,982
	Fevertree Drinks PLC		397,307		6,779,949
*	Greencore Group PLC		3,056,010		3,294,902
	Hilton Food Group PLC		347,842		2,968,371
*	Marks & Spencer Group PLC		8,636,213		17,869,144
*	McBride PLC		895,746		356,942
	MP Evans Group PLC		7,544		80,107
# *	Naked Wines PLC		32,906		46,635
	Nichols PLC		2,884		39,229
	Premier Foods PLC		4,712,428		7,397,257
	PZ Cussons PLC		1,833,464		4,623,773
	Tate & Lyle PLC		2,205,560		22,615,469
TOTAL CONSUMER STAPLES					110,108,734
ENERGY — (3.9%)
*	Capricorn Energy PLC		4,040,365		11,138,134
	Diversified Energy Co. PLC		3,477,221		4,138,537
#	Energean PLC		422,241		6,558,908
*	EnQuest PLC		11,635,600		2,442,940
	Genel Energy PLC		912,458		1,275,034
	Gulf Keystone Petroleum Ltd.		1,511,253		2,578,996
	Harbour Energy PLC		1,153,463		3,588,203
	Hunting PLC		821,342		2,416,551

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (Continued)
*	Hurricane Energy PLC		135,388	$	12,931
*	John Wood Group PLC		3,827,355		10,860,026
# *	Petrofac Ltd.		2,535,157		2,278,568
*	Pharos Energy PLC		1,694,517		491,632
# *	Savannah Energy PLC		388,799		125,772
	Serica Energy PLC		1,082,076		3,234,336
# *	Tullow Oil PLC		6,839,739		2,401,163
TOTAL ENERGY					53,541,731
FINANCIALS — (18.8%)
	AJ Bell PLC		937,022		3,852,291
	Ashmore Group PLC		2,519,138		7,721,656
	Bank of Georgia Group PLC		269,724		10,033,812
	Beazley PLC		2,773,679		20,809,423
W	Bridgepoint Group PLC		28,882		87,722
	Brooks Macdonald Group PLC		628		15,044
	Burford Capital Ltd.		954,004		12,549,014
	Chesnara PLC		912,379		3,184,027
	Close Brothers Group PLC		874,035		9,990,276
W	CMC Markets PLC		964,990		2,238,706
	Direct Line Insurance Group PLC		4,937,627		10,672,414
* W	Funding Circle Holdings PLC		104,248		72,018
*	Georgia Capital PLC		28,194		285,318
	H&T Group PLC		2,590		14,889
	Hiscox Ltd.		1,189,795		17,707,904
	IG Group Holdings PLC		736,296		6,797,130
	Impax Asset Management Group PLC		209,954		2,075,522
	IntegraFin Holdings PLC		627,269		2,144,145
	International Personal Finance PLC		1,312,342		1,624,407
	Investec PLC		23,895		133,204
	IP Group PLC		6,203,004		4,387,332
	Jupiter Fund Management PLC		2,547,589		4,169,517
	Just Group PLC		7,253,311		8,059,723
	Lancashire Holdings Ltd.		1,661,042		12,803,047
	Liontrust Asset Management PLC		140,542		1,522,011
	Man Group PLC		7,541,211		21,567,621
*	Metro Bank PLC		164,184		210,537
	Mortgage Advice Bureau Holdings Ltd		3,857		37,761
* W	Network International Holdings PLC		232,907		1,134,300
	Ninety One PLC		1,904,512		4,325,196
	Numis Corp. PLC		311,926		1,335,553
	OSB Group PLC		2,159,707		13,522,662
	Paragon Banking Group PLC		1,921,607		12,145,771
	PayPoint PLC		433,968		2,396,663
	Plus500 Ltd.		519,961		10,877,897
	Polar Capital Holdings PLC		263,455		1,621,631
W	Quilter PLC		7,793,244		8,342,657
	Rathbones Group PLC		356,200		8,759,965
	Record PLC		18,948		20,175
	S&U PLC		29,699		911,900
W	Sabre Insurance Group PLC		407,841		648,498
*	Saga PLC		628,907		1,033,455
	TBC Bank Group PLC		106,116		3,139,180
	TP ICAP Group PLC		4,011,854		8,582,169
	Vanquis Banking Group PLC		1,409,704		3,987,358
	Virgin Money UK PLC		6,472,181		12,720,410
††	Waterloo Investment Holdings Ltd.		4,000		280

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

			Shares		Value»
FINANCIALS — (Continued)
	XPS Pensions Group PLC			12,911	$	26,440
TOTAL FINANCIALS						260,298,631
HEALTH CARE — (4.6%)
††	4d pharma PLC			42,478		1,666
	Advanced Medical Solutions Group PLC			409,867		1,260,906
#	Alliance Pharma PLC			2,372,960		1,900,502
	CVS Group PLC			411,527		10,967,450
	EKF Diagnostics Holdings PLC			79,384		27,963
	EMIS Group PLC			328,823		6,739,169
*	Ergomed PLC			52,497		704,932
	Hikma Pharmaceuticals PLC			214,827		4,975,558
*	Indivior PLC			759,374		14,575,234
W	Integrated Diagnostics Holdings PLC			1,249,693		564,827
	Mediclinic International PLC			2,400,508		15,046,983
*	NIOX GROUP PLC			202,629		117,945
*	PureTech Health PLC			364,990		961,271
* W	Spire Healthcare Group PLC			1,830,690		5,261,934
*	Trellus Health PLC			1,632		138
*	Verici Dx PLC			1,588		279
TOTAL HEALTH CARE		��				63,106,757
INDUSTRIALS — (23.1%)
*	Ashtead Technology Holdings PLC			5,467		23,492
	Avon Protection PLC			186,426		2,324,913
*	Babcock International Group PLC			2,909,347		11,629,827
	Balfour Beatty PLC			3,585,302		17,278,103
	Begbies Traynor Group PLC			60,262		99,404
	Bodycote PLC			1,222,653		10,618,330
	BRAEMAR PLC			91,109		321,720
*	Capita PLC			10,335,023		4,517,247
# *	Ceres Power Holdings PLC			8,153		35,915
	Chemring Group PLC			1,977,936		7,080,112
	Clarkson PLC			211,472		8,255,443
*	Costain Group PLC			237,261		177,568
*	De La Rue PLC			498,978		263,652
# *	Dialight PLC			89,929		244,963
	Diploma PLC			404,082		13,693,038
	DiscoverIE Group PLC			582,264		6,187,766
W	DWF Group PLC			10,499		8,465
*	easyJet PLC			966,101		6,061,192
*	Esken Ltd.			1,707,178		113,812
	Firstgroup PLC			2,752,134		3,881,688
	Galliford Try Holdings PLC			635,592		1,419,884
	Genuit Group PLC			1,399,585		5,290,253
	Goodwin PLC			383		18,640
	Grafton Group PLC			1,489,341		16,244,320
	Hays PLC			9,184,503		13,176,578
	IMI PLC			241,133		4,838,056
* ††	Industrial & Commercial Bank of China Ltd.			5,000		0
	International Distributions Services PLC			2,424,194		7,717,847
*	James Fisher & Sons PLC			215,889		880,290
	James Halstead PLC			133,208		348,131
	JET2 PLC			813,756		12,567,758
	Johnson Service Group PLC			685,411		1,047,854
	Keller Group PLC			438,701		3,678,615
*	Kier Group PLC			1,679,754		1,621,217
W	Luceco PLC			278,939		392,602

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Mears Group PLC		688,146	$	1,916,486
	Mitie Group PLC		7,827,322		9,061,963
	Morgan Advanced Materials PLC		1,921,125		7,426,852
	Morgan Sindall Group PLC		264,812		5,648,150
	National Express Group PLC		3,001,140		4,586,658
	Norcros PLC		155,422		381,322
	Pagegroup PLC		1,947,013		11,111,478
	Porvair PLC		18,060		141,277
	QinetiQ Group PLC		3,241,231		15,144,891
	Redde Northgate PLC		1,406,965		6,654,470
	Renew Holdings PLC		71,090		650,072
*	Renewi PLC		583,020		4,405,393
	Ricardo PLC		310,737		2,338,624
	Robert Walters PLC		396,868		2,125,174
	Rotork PLC		4,230,857		17,436,568
	RWS Holdings PLC		237,685		763,168
	Senior PLC		2,425,576		5,006,224
	Serco Group PLC		5,743,194		10,985,807
	Severfield PLC		1,107,512		836,949
*	SIG PLC		4,254,528		2,383,655
	Smart Metering Systems PLC		549,515		5,483,301
	Speedy Hire PLC		3,302,680		1,335,474
	SThree PLC		862,751		4,577,789
	TClarke PLC		64,836		112,243
	Travis Perkins PLC		1,194,868		14,420,454
	Trifast PLC		524,611		474,239
	Tyman PLC		1,032,733		3,202,088
	Vesuvius PLC		1,526,317		7,790,354
	Volex PLC		452,877		1,455,867
	Volution Group PLC		766,968		4,189,480
	Vp PLC		153,784		1,236,813
	Wilmington PLC		334,384		1,145,367
	Wincanton PLC		697,292		1,886,452
	XP Power Ltd.		68,278		1,896,627
TOTAL INDUSTRIALS					320,270,424
INFORMATION TECHNOLOGY — (6.9%)
*	accesso Technology Group PLC		14,495		124,253
	Bytes Technology Group PLC		648,715		3,389,419
*	CentralNic Group PLC		42,563		63,524
	Computacenter PLC		497,525		14,423,723
	dotdigital group PLC		448,931		503,481
*	FD Technologies PLC		33,634		797,181
	FDM Group Holdings PLC		474,306		4,015,052
	GB Group PLC		122,543		501,015
	Gooch & Housego PLC		2,781		18,094
	IDOX PLC		140,149		119,690
	iomart Group PLC		279,306		538,403
# *	IQE PLC		2,184,969		678,758
	Kainos Group PLC		476,292		7,433,156
*	Kin & Carta PLC		251,989		253,654
	Learning Technologies Group PLC		523,209		741,572
	NCC Group PLC		1,825,476		2,463,257
	Oxford Instruments PLC		343,024		11,896,737
	Renishaw PLC		90,731		4,115,529
	RM PLC		313,272		326,415
	Softcat PLC		665,854		11,218,824
	Spectris PLC		394,979		18,705,257
	Spirent Communications PLC		4,036,030		9,176,433

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Strix Group PLC		150,847	$	208,215
	TT Electronics PLC		1,084,117		2,318,552
*	Xaar PLC		553,856		1,215,511
TOTAL INFORMATION TECHNOLOGY					95,245,705
MATERIALS — (5.3%)
*	Accsys Technologies PLC		9,505		7,782
	Breedon Group PLC		3,075,374		2,659,854
	Capital Ltd.		59,308		74,545
	Castings PLC		172,368		812,738
	Centamin PLC		8,174,090		10,608,978
	Central Asia Metals PLC		724,031		1,872,862
	Ecora Resources PLC		1,253,361		1,884,262
*	Elementis PLC		3,432,244		5,421,187
	Essentra PLC		1,707,010		4,438,222
	Ferrexpo PLC		64,069		87,115
W	Forterra PLC		1,584,750		3,852,665
	Gem Diamonds Ltd.		413,552		135,096
	Hill & Smith PLC		546,022		9,445,958
	Hochschild Mining PLC		1,766,187		1,595,771
W	Ibstock PLC		2,864,941		6,123,980
	Marshalls PLC		899,610		3,396,459
	Pan African Resources PLC		5,255,558		1,165,987
*	Petra Diamonds Ltd.		17,532		15,013
	RHI Magnesita NV		135,482		3,850,898
*	SolGold PLC		1,142,243		273,494
	Synthomer PLC		2,125,997		3,203,409
	Victrex PLC		540,365		11,418,498
	Zotefoams PLC		103,100		491,456
TOTAL MATERIALS					72,836,229
REAL ESTATE — (3.2%)
	CLS Holdings PLC		4,103		6,989
	Foxtons Group PLC		1,351,763		659,755
	Grainger PLC		4,237,552		13,786,760
	Harworth Group PLC		30,381		44,681
	Helical PLC		585,069		2,200,903
*	IWG PLC		4,149,055		8,861,210
	LSL Property Services PLC		445,897		1,518,638
	Phoenix Spree Deutschland Ltd.		15,813		40,256
	Savills PLC		961,872		11,644,384
	Sirius Real Estate Ltd.		3,891,613		3,945,735
	Watkin Jones PLC		950,984		1,157,792
TOTAL REAL ESTATE					43,867,103
UTILITIES — (3.3%)
	Centrica PLC		1,447,990		2,080,690
	Drax Group PLC		2,467,126		19,549,750
	Pennon Group PLC		1,371,280		14,829,907
	Telecom Plus PLC		424,957		9,639,212
TOTAL UTILITIES					46,099,559
TOTAL COMMON STOCKS
Cost ($1,335,686,692)					1,372,985,164

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value†
SECURITIES LENDING COLLATERAL — (0.8%)
@ §	The DFA Short Term Investment Fund		922,135	$	10,666,335
TOTAL INVESTMENTS — (100.0%)
(Cost $1,346,352,864)				$	1,383,651,499

ADR American Depositary Receipt

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Common Stocks
Communication Services	$	16,622	$	50,314,230		—		$	50,330,852
Consumer Discretionary		51,323		257,228,116		—			257,279,439
Consumer Staples		—		110,108,734		—			110,108,734
Energy		—		53,541,731		—			53,541,731
Financials		—		260,298,351	$	280			260,298,631
Health Care		—		63,105,091		1,666			63,106,757
Industrials		—		320,270,424		—			320,270,424
Information Technology		—		95,245,705		—			95,245,705
Materials		—		72,836,229		—			72,836,229
Real Estate		—		43,867,103		—			43,867,103
Utilities		—		46,099,559		—			46,099,559
Securities Lending Collateral		—		10,666,335		—			10,666,335
TOTAL	$	67,945	$	1,383,581,608	$	1,946	^	$	1,383,651,499

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

THE CONTINENTAL SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (91.7%)
AUSTRIA — (3.2%)
	Agrana Beteiligungs AG		83,141	$	1,563,098
	ANDRITZ AG		438,579		28,483,863
	AT&S Austria Technologie & Systemtechnik AG		190,150		5,814,711
W	BAWAG Group AG		433,516		21,144,323
*	CA Immobilien Anlagen AG		97,797		2,837,253
*	DO & Co. AG		45,371		5,314,250
	EVN AG		246,314		5,936,262
*	FACC AG		131,405		1,016,751
*	Immofinanz AG		681,827		0
*	IMMOFINANZ AG		3,787		61,869
	Josef Manner & Comp AG		870		102,828
*	Kapsch TrafficCom AG		29,728		405,424
*	Lenzing AG		84,016		5,498,446
	Mayr Melnhof Karton AG		56,673		9,047,138
	Oberbank AG		22,709		2,890,735
	Oesterreichische Post AG		107,992		4,159,986
	Palfinger AG		105,663		3,474,160
	POLYTEC Holding AG		106,063		541,480
	Porr AG		100,602		1,538,328
*	Raiffeisen Bank International AG		322,713		4,957,417
	Rosenbauer International AG		21,100		740,115
	Schoeller-Bleckmann Oilfield Equipment AG		69,998		4,396,369
	Semperit AG Holding		71,506		1,880,546
	Telekom Austria AG		1,158,627		9,045,493
	UBM Development AG		21,002		685,585
	UNIQA Insurance Group AG		983,326		8,823,075
	Vienna Insurance Group AG Wiener Versicherung Gruppe		289,761		8,525,637
	voestalpine AG		615,510		21,340,791
	Wienerberger AG		682,908		20,572,432
	Zumtobel Group AG		155,917		1,224,690
TOTAL AUSTRIA					182,023,055
BELGIUM — (3.9%)
	Ackermans & van Haaren NV		171,688		30,199,115
*	AGFA-Gevaert NV		1,252,462		3,515,556
	Atenor		22,537		1,113,440
	Azelis Group NV		6,322		149,986
	Barco NV		464,377		13,562,195
	Bekaert SA		250,767		11,674,230
# * W	Biocartis Group NV		357,370		236,590
#	bpost SA		378,267		1,861,079
*	Cie d’Entreprises CFE		49,898		539,351
	Deceuninck NV		480,813		1,247,552
*	Deme Group NV		49,625		6,566,596
	D’ieteren Group		80,778		15,209,597
	Econocom Group SA		727,792		2,499,876
#	Etablissements Franz Colruyt NV		181,104		5,030,652
# *	Euronav NV		1,347,567		23,087,994
	EVS Broadcast Equipment SA		69,287		1,688,824
	Exmar NV		148,598		1,948,245
	Fagron		311,838		5,796,549
*	Galapagos NV		201,742		7,827,452
	Gimv NV		122,027		6,364,798
*	Greenyard NV		2,890		19,751
	Immobel SA		23,226		1,158,754

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
BELGIUM — (Continued)
	Ion Beam Applications		142,529	$	2,605,722
	Jensen-Group NV		20,961		702,829
# *	Kinepolis Group NV		92,201		4,666,573
	Lotus Bakeries NV		2,037		14,065,474
	Melexis NV		121,179		11,551,369
# *	Ontex Group NV		408,657		3,505,107
	Proximus SADP		742,355		6,328,265
	Recticel SA		301,673		4,300,200
	Roularta Media Group NV		19,318		373,693
	Shurgard Self Storage Ltd. REIT		63,426		3,279,548
	Sipef NV		38,999		2,541,425
	Telenet Group Holding NV		241,123		5,593,267
*	Tessenderlo Group SA		219,556		7,275,210
	Van de Velde NV		47,376		1,848,332
#	VGP NV		28,396		2,972,770
	Viohalco SA		498,361		2,672,941
	WHAT’S COOKING		3,765		376,955
TOTAL BELGIUM					215,957,862
DENMARK — (6.3%)
*	ALK-Abello AS		903,679		11,439,817
	Alm Brand AS		6,053,840		11,199,441
# *	Ambu AS, Class B		72,032		1,145,331
# *	Bang & Olufsen AS		599,792		845,857
	BankNordik P/F		10,800		230,851
# *	Bavarian Nordic AS		448,836		12,343,385
*	Brodrene Hartmann AS		16,148		668,783
#	cBrain AS		18,289		377,679
*	Chemometec AS		83,142		4,810,878
	Columbus AS		490,087		514,178
	D/S Norden AS		200,319		12,587,379
	Dfds AS		258,006		10,393,360
#	Djurslands Bank AS		6,232		355,606
#	FLSmidth & Co. AS		319,467		12,621,594
#	Fluegger Group AS		4,198		226,283
*	GN Store Nord AS		182,785		4,879,606
#	GronlandsBANKEN AS		1,125		100,536
	H Lundbeck AS		1,373,508		7,272,197
	H Lundbeck AS, Class A		14,791		74,497
# *	H+H International AS, Class B		125,547		2,061,110
*	Harboes Bryggeri AS, Class B		5,094		55,769
	ISS AS		927,711		19,396,311
	Jeudan AS		40,046		1,606,146
*	Jyske Bank AS		437,851		32,012,983
	Lan & Spar Bank		4,895		476,626
	Matas AS		279,854		3,520,961
* W	Netcompany Group AS		108,231		4,188,764
*	Nilfisk Holding AS		154,895		3,180,567
# *	NKT AS		283,727		14,910,787
# * W	NNIT AS		71,567		793,921
	North Media AS		5,372		47,728
*	NTG Nordic Transport Group AS, Class A		13,802		734,336
	Parken Sport & Entertainment AS		13,669		205,104
	Per Aarsleff Holding AS		133,648		5,756,274
	Ringkjoebing Landbobank AS		197,625		27,795,764
	Rockwool AS, Class A		421		101,368
	Rockwool AS, Class B		4,739		1,147,798
	Royal Unibrew AS		312,981		27,975,522
# *	RTX AS		54,444		1,103,696

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
DENMARK — (Continued)
W	Scandinavian Tobacco Group AS, Class A		452,246	$	8,833,305
	Schouw & Co. AS		94,292		8,027,784
	SimCorp AS		252,149		27,331,775
	Solar AS, Class B		42,286		3,459,424
	SP Group AS		4,788		203,791
	Spar Nord Bank AS		609,820		9,919,000
	Sparekassen Sjaelland-Fyn AS		1,651		47,044
	Sydbank AS		461,164		20,574,525
*	TCM Group AS		2,578		27,874
#	Tivoli AS		9,878		1,185,179
	Topdanmark AS		363,470		19,187,479
	TORM PLC, Class A		195,257		6,111,451
	UIE PLC		103,360		2,868,644
*	Zealand Pharma AS		217,874		7,368,496
TOTAL DENMARK					354,304,564
FINLAND — (5.1%)
	Aktia Bank Oyj		344,733		3,468,565
#	Alandsbanken Abp, Class B		23,036		893,843
	Alma Media Oyj		133,889		1,313,256
	Apetit Oyj		21,105		284,312
	Aspo Oyj		106,324		955,403
	Atria Oyj		98,413		1,170,081
#	Bittium Oyj		204,447		935,275
	Cargotec Oyj, Class B		261,200		14,433,747
	Caverion Oyj		167,428		1,588,147
#	Citycon Oyj		436,262		3,296,482
	Digia Oyj		85,054		517,214
W	Enento Group Oyj		4,779		97,758
*	Finnair Oyj		4,568,940		2,675,171
	Fiskars Oyj Abp		215,530		3,724,508
	F-Secure Oyj		730,842		2,354,936
	Glaston OYJ ABP		9,217		9,984
#	Harvia Oyj		69,184		1,714,486
# *	HKScan Oyj, Class A		234,984		205,868
	Huhtamaki Oyj		631,957		22,779,534
	Ilkka Oyj		58,887		237,052
#	Kamux Corp.		59,097		361,960
	Kemira Oyj		741,189		13,001,763
	Kojamo Oyj		599,747		7,446,807
	Konecranes Oyj		400,235		15,677,144
#	Lassila & Tikanoja Oyj		219,184		2,463,577
	Marimekko Oyj		38,944		402,697
	Metsa Board Oyj, Class B		1,192,468		8,598,698
	Metso Outotec Oyj		108,793		1,201,153
	Musti Group Oyj		68,620		1,421,864
#	Nokian Renkaat Oyj		750,536		7,312,001
	Olvi Oyj, Class A		99,753		3,255,661
	Oma Saastopankki Oyj		8,486		181,441
	Oriola Oyj, Class A		6,054		10,042
	Oriola Oyj, Class B		864,530		1,383,869
	Orion Oyj, Class B		600,547		28,209,551
	Outokumpu Oyj		2,082,311		11,351,859
# *	Pihlajalinna Oyj		80,774		814,487
#	Ponsse Oyj		71,199		2,234,719
# *	QT Group Oyj		54,468		4,697,016
	Raisio Oyj, Class V		985,362		2,474,846
	Rapala VMC Oyj		116,693		515,545
	Revenio Group Oyj		140,739		5,292,223

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FINLAND — (Continued)
W	Rovio Entertainment Oyj		42,808	$	439,486
	Sanoma Oyj		706,495		6,126,994
	Taaleri Oyj		8,120		93,047
#	Talenom Oyj		7,120		60,508
*	Teleste Oyj		52,966		200,449
W	Terveystalo Oyj		141,456		1,236,830
	TietoEVRY Oyj		541,966		17,317,889
	Tokmanni Group Corp.		337,496		4,622,091
	Uponor Oyj		386,144		10,304,689
	Vaisala Oyj, Class A		125,217		5,274,032
	Valmet Oyj		972,053		32,886,233
#	Verkkokauppa.com Oyj		13,945		40,158
#	Viking Line Abp		11,073		200,204
	Wartsila OYJ Abp		1,942,166		22,523,555
*	WithSecure Oyj		713,504		1,171,039
#	YIT Oyj		818,118		2,117,880
TOTAL FINLAND					285,579,629
FRANCE — (10.4%)
	ABC arbitrage		187,953		1,255,468
*	Air France-KLM		2,133,951		3,696,356
	AKWEL		67,531		1,002,140
W	ALD SA		185,423		2,233,767
	Altamir		136,094		4,199,907
	Alten SA		134,859		22,927,103
	Assystem SA		61,561		2,948,242
# *	Atos SE		374,728		5,194,724
	Aubay		52,444		2,575,774
	Axway Software SA		38,973		914,184
*	Bastide le Confort Medical		18,680		579,744
	Beneteau SA		251,906		4,054,527
#	Bigben Interactive		101,428		605,894
	Boiron SA		36,649		1,612,497
	Bonduelle SCA		99,470		1,256,263
* ††	Bourbon Corp.		28,851		0
	Burelle SA		492		265,334
# *	Casino Guichard Perrachon SA		253,877		2,160,476
	Catana Group		47,853		359,899
	Cegedim SA		41,041		896,940
# *	CGG SA		4,288,114		3,209,020
#	Chargeurs SA		144,516		2,373,754
	Cie des Alpes		137,830		2,186,001
	Cie Plastic Omnium SA		388,314		6,874,945
# *	Claranova SE		66,462		147,027
	Coface SA		753,718		11,536,730
	Derichebourg SA		727,133		4,496,786
*	Ekinops SAS		7,393		66,470
	Electricite de Strasbourg SA		21,112		2,091,002
# * W	Elior Group SA		767,831		2,671,612
	Elis SA		1,241,664		24,664,191
	Equasens		8,754		691,976
	Eramet SA		75,959		7,398,976
# *	Esso SA Francaise		4,117		202,563
	Etablissements Maurel et Prom SA		384,538		1,467,855
	Eurazeo SE		159,863		11,414,833
#	Eutelsat Communications SA		1,169,230		7,772,651
# *	Exail Technologies SA		4,320		90,262
	Exel Industries, Class A		10,459		585,659
*	Faurecia SE		783,231		16,262,878

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FRANCE — (Continued)
	Fnac Darty SA		95,137	$	3,586,967
*	Gaumont SA		10,715		1,133,296
	Gaztransport Et Technigaz SA		157,899		16,885,909
#	GEA		2,433		233,239
*	Genfit SA		11,113		45,366
*	GL Events		58,364		1,402,044
	Groupe Crit		22,187		1,834,222
	Groupe SFPI		21,754		52,759
	Guerbet		36,860		677,075
	Guillemot Corp.		2,527		18,735
	Haulotte Group SA		73,020		282,248
	HEXAOM		10,206		198,076
*	ID Logistics Group		15,056		4,425,483
	Imerys SA		226,467		9,309,703
	Infotel SA		637		39,719
# *	Innate Pharma SA		15,558		44,696
	Interparfums SA		14,058		1,116,668
	IPSOS		294,055		15,943,827
	Jacquet Metals SACA		93,637		1,830,414
*	JCDecaux SE		267,580		5,923,656
#	Kaufman & Broad SA		122,574		3,988,255
#	Korian SA		461,522		4,004,273
	Laurent-Perrier		13,997		1,896,157
	Lectra		145,455		4,736,013
	Linedata Services		3,353		167,032
#	LISI		124,665		3,533,433
#	LNA Sante SA		33,206		1,164,070
W	Maisons du Monde SA		170,760		1,801,168
	Manitou BF SA		69,984		1,728,475
#	Mersen SA		127,012		5,123,680
	Metropole Television SA		238,888		3,856,809
# *	Nacon SA		44,739		118,732
W	Neoen SA		53,483		1,605,735
	Nexans SA		195,817		16,848,657
	Nexity SA		252,701		6,629,578
*	Nicox		145,865		94,905
	NRJ Group		87,189		670,972
#	Oeneo SA		128,172		2,033,484
# *	OL Groupe SA		10,735		34,812
#	Plastiques Du Val De Loire		14,341		49,045
*	Prodways Group SA		6,480		15,825
	Quadient SA		216,359		4,300,810
# *	Rallye SA		6,989		11,823
# * ††	Recylex SA		102,008		0
	Rexel SA		1,298,768		30,084,148
	Robertet SA		258		246,974
	Rothschild & Co.		141,200		7,289,314
	Rubis SCA		592,754		17,518,102
#	Samse SACA		7,930		1,657,138
	Savencia SA		35,032		2,432,996
	SCOR SE		734,970		19,010,804
	SEB SA		44,059		5,051,891
	Seche Environnement SA		21,328		2,440,595
#	SES SA		1,849,885		11,474,155
* W	SMCP SA		74,230		657,186
	Societe BIC SA		173,530		10,709,610
	Societe des Bains de Mer et du Cercle des Etrangers a Monaco		37,677		4,063,076
	Societe pour l’Informatique Industrielle		56,611		3,159,632
*	SOITEC		136,675		20,187,341

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FRANCE — (Continued)
# *	Solocal Group		681,417	$	158,447
	Sopra Steria Group SACA		119,421		25,850,275
	SPIE SA		871,653		27,206,936
# * W	SRP Groupe SA		56,827		92,709
	Stef SA		25,714		2,984,112
	Sword Group		37,202		1,787,832
	Synergie SE		67,143		2,441,946
# *	Technicolor Creative Studios SA		24,133		2,646
	Technip Energies NV		507,835		11,266,727
	Television Francaise 1		398,119		3,208,351
#	TFF Group		9,347		425,310
	Thermador Groupe		37,127		3,848,902
#	Tikehau Capital SCA		33,936		931,674
	Totalenergies EP Gabon		4,026		798,711
	Trigano SA		61,206		7,973,544
*	Ubisoft Entertainment SA		271,667		7,956,354
	Valeo		936,234		18,281,522
*	Vallourec SA		573,476		6,550,958
# *	Vantiva SA		81,942		19,715
W	Verallia SA		268,583		10,901,868
	Vetoquinol SA		15,514		1,520,395
	Vicat SA		113,088		3,299,223
	VIEL & Cie SA		156,945		1,314,712
	Vilmorin & Cie SA		35,845		1,700,373
	Virbac SA		28,519		9,741,484
# *	Voltalia SA		16,871		256,492
	Vranken-Pommery Monopole SA		16,787		335,618
	Wavestone		9,891		508,610
* W	X-Fab Silicon Foundries SE		175,620		1,495,845
*	Xilam Animation SA		415		11,294
TOTAL FRANCE					583,197,822
GERMANY — (13.6%)
	1&1 AG		250,809		2,926,768
	7C Solarparken AG		139,107		611,048
*	Aareal Bank AG		517,534		17,620,967
	Adesso SE		7,240		1,085,533
*	ADVA Optical Networking SE		3,098		68,321
	AIXTRON SE		299,531		8,480,280
	All for One Group SE		4,503		204,363
#	Allgeier SE		58,776		1,772,966
	Amadeus Fire AG		11,348		1,672,631
#	Aroundtown SA		1,664,654		2,267,913
	Atoss Software AG		16,326		3,274,904
	Aurubis AG		205,349		19,265,280
# * W	Auto1 Group SE		52,373		413,281
	Basler AG		103,718		2,234,961
# *	Bauer AG		154,003		1,089,249
	BayWa AG		104,518		4,475,394
	BayWa AG		124		7,690
	Bechtle AG		246,280		11,454,281
W	Befesa SA		140,978		6,347,234
	Bertrandt AG		38,449		2,141,975
*	Bijou Brigitte AG		23,422		1,414,831
	Bilfinger SE		203,601		8,808,514
# *	Borussia Dortmund GmbH & Co. KGaA		665,682		3,330,079
	CANCOM SE		247,263		8,903,208
# *	CECONOMY AG		997,442		3,043,755
	CENIT AG		57,781		950,907

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
	Cewe Stiftung & Co. KGAA		45,952	$	4,733,559
	CompuGroup Medical SE & Co. KgaA		188,493		10,363,919
	CropEnergies AG		184,720		2,139,300
*	CTS Eventim AG & Co. KGaA		209,296		13,789,508
	Data Modul AG Produktion Und Vertrieb Von Elektronischen Systemen		11,455		807,010
	Dermapharm Holding SE		79,918		4,012,011
	Deutsche Beteiligungs AG		115,972		3,665,166
W	Deutsche Pfandbriefbank AG		1,147,894		10,587,497
	Deutz AG		674,170		4,481,350
#	DIC Asset AG		375,149		2,855,711
	DMG Mori AG		3,016		142,904
# *	Dr Hoenle AG		35,520		754,217
	Draegerwerk AG & Co. KGaA		20,476		943,297
	Duerr AG		380,248		13,193,452
W	DWS Group GmbH & Co. KGaA		10,729		356,743
	Eckert & Ziegler Strahlen- und Medizintechnik AG		102,697		5,311,329
	EDAG Engineering Group AG		51,353		601,161
	Elmos Semiconductor SE		9,319		704,368
	ElringKlinger AG		194,514		2,186,488
	Encavis AG		516,270		8,927,500
	Energiekontor AG		15,031		1,204,388
*	Evotec SE		36,237		665,543
	Fabasoft AG		509		9,369
	Fielmann AG		152,624		7,906,427
# *	flatexDEGIRO AG		107,566		1,159,301
# *	Fraport AG Frankfurt Airport Services Worldwide		208,174		11,211,692
	Freenet AG		931,981		26,569,857
	Fuchs Petrolub SE		123,223		4,002,181
	GEA Group AG		69,003		3,245,408
	Gerresheimer AG		231,069		25,178,981
	Gesco SE		55,404		1,655,189
	GFT Technologies SE		166,313		6,568,012
	GK Software SE		581		120,999
# *	Global Fashion Group SA		76,275		69,575
	Grand City Properties SA		678,381		5,665,517
	GRENKE AG		11,338		406,638
*	H&R GmbH & Co. KGaA		71,674		411,089
	Hamburger Hafen und Logistik AG		179,073		2,471,225
	Hawesko Holding SE		313		14,907
# *	Heidelberger Druckmaschinen AG		1,849,769		3,834,636
# *	HelloFresh SE		417,910		11,221,778
	Hensoldt AG		126,238		4,734,566
*	Highlight Communications AG		98,406		395,129
	Hochtief AG		79,071		6,618,916
	Hornbach Holding AG & Co. KGaA		55,881		4,748,073
	HUGO BOSS AG		412,000		31,061,308
*	Hypoport SE		7,174		1,150,434
	Indus Holding AG		138,578		4,104,527
W	Instone Real Estate Group SE		54,151		433,258
	IVU Traffic Technologies AG		51,403		969,102
	Jenoptik AG		402,135		12,836,280
W	JOST Werke SE		8,271		456,991
	K&S AG		1,093,745		21,815,660
	KION Group AG		116,629		4,836,903
	Kloeckner & Co. SE		482,181		5,352,183
	Knaus Tabbert AG		1,753		90,977
*	Koenig & Bauer AG		89,315		1,846,209
	Kontron AG		341,210		6,602,915
	Krones AG		111,294		14,623,471

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
	KSB SE & Co. KGaA		3,293	$	1,979,293
	KWS Saat SE & Co. KGaA		83,735		5,429,341
	Lanxess AG		572,100		23,311,240
	LEG Immobilien SE		132,352		8,238,018
	Leifheit AG		59,026		1,045,414
# *	Leoni AG		149,360		43,831
# *	Manz AG		25,270		663,806
*	Mediclin AG		82,946		275,046
*	Medigene AG		116,971		233,629
*	METRO AG		1,009,277		8,583,824
	MLP SE		440,536		2,510,939
# *	Nagarro SE		60,296		6,492,293
	Nemetschek SE		54,404		4,252,398
	New Work SE		20,199		3,683,286
	Nexus AG		99,084		5,683,290
# *	Nordex SE		949,741		11,437,887
	Norma Group SE		216,047		5,139,371
	OHB SE		38,571		1,372,081
	PATRIZIA SE		333,862		3,589,094
	Pfeiffer Vacuum Technology AG		47,911		7,997,945
	PNE AG		250,275		4,089,349
	Progress-Werk Oberkirch AG		8,558		289,040
	ProSiebenSat.1 Media SE		1,223,091		10,983,598
#	PSI Software AG		70,343		2,286,709
*	PVA TePla AG		87,303		1,869,514
*	q.beyond AG		644,117		520,812
*	R Stahl AG		14,952		353,361
	Rheinmetall AG		23,074		6,758,208
	SAF-Holland SE		265,527		3,673,971
	Salzgitter AG		246,522		9,774,510
	Schloss Wachenheim AG		6,929		119,987
W	Scout24 SE		287,656		17,928,765
#	Secunet Security Networks AG		8,338		1,841,362
# *	SGL Carbon SE		340,127		3,137,612
# * W	Shop Apotheke Europe NV		16,410		1,638,211
	Siltronic AG		128,107		9,233,335
	Sixt SE		95,034		11,790,808
# *	SMA Solar Technology AG		56,090		6,067,194
# *	SNP Schneider-Neureither & Partner SE		3,170		102,992
	Software AG		389,063		13,291,821
	Stabilus SE		173,166		11,316,859
	STRATEC SE		33,736		2,321,393
	Stroeer SE & Co. KGaA		196,281		10,763,914
	Suedzucker AG		520,927		10,523,229
	SUESS MicroTec SE		146,951		3,833,242
	Surteco Group SE		47,139		1,022,414
	Synlab AG		26,337		278,132
	TAG Immobilien AG		1,149,541		9,843,420
	Takkt AG		249,050		3,988,480
* W	TeamViewer SE		669,515		12,356,428
	Technotrans SE		46,673		1,435,714
	thyssenkrupp AG		2,228,914		16,039,745
	Traffic Systems SE		37,280		1,315,949
	United Internet AG		94,628		1,624,700
*	va-Q-tec AG		2,370		58,436
	Varta AG		24,311		630,496
	VERBIO Vereinigte BioEnergie AG		164,745		6,135,751
*	Vitesco Technologies Group AG, Class A		28,338		1,940,620
	Vossloh AG		76,106		3,491,093

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
	Wacker Chemie AG		12,329	$	1,906,699
	Wacker Neuson SE		223,411		5,449,171
	Washtec AG		84,498		3,703,367
# *	Westwing Group SE		41,567		323,872
	Wuestenrot & Wuerttembergische AG		119,837		2,180,189
	Zeal Network SE		35,034		1,434,317
TOTAL GERMANY					762,323,252
GREECE — (0.0%)
* ††	Neorion Holdings SA		14,991		0
IRELAND — (1.5%)
	AIB Group PLC		544,347		2,341,006
	Bank of Ireland Group PLC		5,135,237		53,113,324
	Cairn Homes PLC		1,908,875		2,157,088
*	Dalata Hotel Group PLC		291,621		1,465,793
	FBD Holdings PLC		142,812		2,035,156
	Glanbia PLC		1,136,976		17,138,595
* W	Glenveagh Properties PLC		974,588		1,017,146
	Irish Continental Group PLC		820,853		4,216,895
*	Permanent TSB Group Holdings PLC		268,168		670,452
TOTAL IRELAND					84,155,455
ISRAEL — (2.1%)
	Adgar Investment & Development Ltd.		105,459		116,656
	Afcon Holdings Ltd.		3,064		79,894
# *	AFI Properties Ltd.		100,052		2,666,932
#	Africa Israel Residences Ltd.		13,924		510,008
*	Allot Ltd.		189,485		512,708
#	Alrov Properties & Lodgings Ltd.		49,832		1,993,443
	Arad Ltd.		28,474		352,640
	Ashtrom Group Ltd.		55,604		876,348
#	AudioCodes Ltd.		27,040		272,240
#	Aura Investments Ltd.		334,602		485,285
	Automatic Bank Services Ltd.		11,760		40,998
*	Avgol Industries 1953 Ltd.		468,925		233,819
#	Azorim-Investment Development & Construction Co. Ltd.		546,820		1,315,104
# *	Bet Shemesh Engines Holdings 1997 Ltd.		32,157		784,667
#	Blue Square Real Estate Ltd.		37,333		1,872,407
*	Brack Capital Properties NV		18,347		2,124,161
*	Camtek Ltd.		24,395		632,471
	Carasso Motors Ltd.		132,164		588,085
*	Cellcom Israel Ltd.		502,271		1,801,338
*	Ceragon Networks Ltd.		266,244		519,176
*	Clal Insurance Enterprises Holdings Ltd.		322,725		4,965,503
# *	Compugen Ltd.		113,943		69,632
#	Danel Adir Yeoshua Ltd.		23,788		1,739,713
	Delek Automotive Systems Ltd.		262,734		2,121,142
	Delta Galil Ltd.		75,030		3,175,405
	Dor Alon Energy in Israel 1988 Ltd.		17,532		345,898
#	Electra Consumer Products 1970 Ltd.		41,757		985,814
	Electra Ltd.		5,487		2,356,926
	Electra Real Estate Ltd.		44,441		464,902
# *	Ellomay Capital Ltd.		2,597		34,996
*	Enlight Renewable Energy Ltd.		32,634		540,824
*	Equital Ltd.		130,022		3,302,140
	FMS Enterprises Migun Ltd.		19,186		558,314
	Formula Systems 1985 Ltd.		65,552		4,151,556

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ISRAEL — (Continued)
	Formula Systems 1985 Ltd., Sponsored ADR		640	$	39,898
	Fox Wizel Ltd.		46,063		3,875,579
#	Gav-Yam Lands Corp. Ltd.		423,939		3,059,576
# *	Gilat Satellite Networks Ltd.		236,247		1,100,414
# *	Hagag Group Real Estate Development		16,780		54,684
	Harel Insurance Investments & Financial Services Ltd.		440,824		3,956,874
	Hilan Ltd.		105,824		4,692,094
#	IDI Insurance Co. Ltd.		47,574		1,227,473
	IES Holdings Ltd.		1,354		94,842
	Ilex Medical Ltd.		4,067		88,652
#	Inrom Construction Industries Ltd.		367,899		1,272,647
	Isracard Ltd.		175,232		713,539
#	Israel Canada T.R Ltd.		220,206		406,808
#	Israel Land Development Co. Ltd.		81,564		604,350
	Isras Investment Co. Ltd.		6,006		1,045,244
#	Issta Ltd.		16,875		348,494
*	Kamada Ltd.		212,977		975,725
	Kardan Real Estate Enterprise & Development Ltd.		24,718		24,631
#	Kerur Holdings Ltd.		33,018		727,434
#	Klil Industries Ltd.		5,696		257,544
	Lahav L.R. Real Estate Ltd.		9,407		8,229
	Levinstein Properties Ltd.		377		8,027
	M Yochananof & Sons Ltd.		5,479		253,926
#	Magic Software Enterprises Ltd.		153,381		2,006,323
#	Malam - Team Ltd.		10,222		173,970
	Matrix IT Ltd.		222,812		4,004,105
	Max Stock Ltd.		7,391		14,120
#	Maytronics Ltd.		163,682		1,722,343
#	Mediterranean Towers Ltd.		434,044		817,202
#	Mega Or Holdings Ltd.		85,860		1,696,207
*	Mehadrin Ltd.		1,666		51,566
*	Meitav Investment House Ltd.		132,413		435,205
	Menora Mivtachim Holdings Ltd.		186,995		3,926,274
	Meshulam Levinstein Contracting & Engineering Ltd.		310		21,377
*	Migdal Insurance & Financial Holdings Ltd.		2,039,870		2,199,624
#	Mivtach Shamir Holdings Ltd.		30,255		588,883
	Mizrahi Tefahot Bank Ltd.		1		34
	Naphtha Israel Petroleum Corp. Ltd.		193,707		820,727
	Nawi Brothers Ltd.		68,328		479,060
*	Neto Malinda Trading Ltd.		4,663		81,745
# *	Neto ME Holdings Ltd.		12,167		259,557
	Novolog Ltd.		200,415		100,451
	Oil Refineries Ltd.		11,638,145		3,240,618
	One Software Technologies Ltd.		48,820		522,615
	Palram Industries 1990 Ltd.		1,112		7,829
*	Partner Communications Co. Ltd.		858,708		4,183,701
*	Paz Oil Co. Ltd.		61,298		5,774,616
*	Perion Network Ltd.		100,470		3,620,648
#	Plasson Industries Ltd.		20,934		852,542
	Prashkovsky Investments & Construction Ltd.		10,063		205,024
*	Priortech Ltd.		9,623		159,265
	Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.		51,979		2,968,141
	Retailors Ltd.		1,167		22,182
*	Scope Metals Group Ltd.		47,550		1,580,417
	Summit Real Estate Holdings Ltd.		222,691		2,470,579
	Suny Cellular Communication Ltd.		312,529		118,533
#	Tadiran Group Ltd.		16,159		1,448,576
W	Tamar Petroleum Ltd.		38,322		106,314
	Tel Aviv Stock Exchange Ltd.		17,609		81,089

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ISRAEL — (Continued)
*	Tera Light Ltd.		66,289	$	84,180
	Tiv Taam Holdings 1 Ltd.		39,749		70,011
	Victory Supermarket Chain Ltd.		5,213		50,452
#	YH Dimri Construction & Development Ltd.		18,745		1,013,348
TOTAL ISRAEL					115,407,282
ITALY — (9.0%)
	A2A SpA		9,123,783		16,097,866
	ACEA SpA		376,142		5,516,180
# *	Aeffe SpA		177,250		249,996
#	Amplifon SpA		20,849		765,365
W	Anima Holding SpA		1,941,442		8,067,500
	Aquafil SpA		83,333		455,528
	Ariston Holding NV		11,076		126,496
	Arnoldo Mondadori Editore SpA		1,088,121		2,378,511
	Ascopiave SpA		477,634		1,529,057
# *	Autogrill SpA		86,803		635,832
#	Avio SpA		110,432		1,117,841
#	Azimut Holding SpA		751,074		16,776,044
#	Banca Generali SpA		447,354		14,851,686
	Banca IFIS SpA		241,396		4,054,122
	Banca Mediolanum SpA		814,943		7,368,170
*	Banca Monte dei Paschi di Siena SpA		491,180		1,132,414
	Banca Popolare di Sondrio SPA		3,259,427		14,806,837
	Banca Profilo SpA		1,711,765		435,977
W	Banca Sistema SpA		414,926		623,671
	Banco BPM SpA		9,876,720		40,159,511
	Banco di Desio e della Brianza SpA		241,954		893,072
W	BFF Bank SpA		601,511		5,788,429
	Biesse SpA		11,036		168,612
#	BPER Banca		7,525,929		21,138,053
	Brembo SpA		850,282		12,494,068
	Brunello Cucinelli SpA		248,717		23,815,249
	Buzzi Unicem SpA		627,802		15,610,842
	Cairo Communication SpA		601,468		1,209,264
W	Carel Industries SpA		47,101		1,235,352
	Cementir Holding NV		361,114		3,029,325
*	CIR SpA-Compagnie Industriali		2,423,153		1,022,254
	Credito Emiliano SpA		601,059		4,614,355
	d’Amico International Shipping SA		2,662,774		1,185,314
	Danieli & C Officine Meccaniche SpA		100,155		2,051,273
#	Danieli & C Officine Meccaniche SpA		101,349		2,637,558
#	Datalogic SpA		16,509		137,088
	De’ Longhi SpA		380,612		8,843,876
#	Digital Bros SpA		34,830		792,168
W	doValue SpA		80,786		567,225
	El.En. SpA		11,336		146,403
	Elica SpA		166,709		520,101
	Emak SpA		565,182		712,482
W	Enav SpA		419,055		1,969,324
	ERG SpA		281,165		8,490,677
	Esprinet SpA		222,752		1,973,542
*	Eurotech SpA		207,209		675,793
	Fila SpA		145,425		1,204,156
*	Fincantieri SpA		3,504,948		2,135,044
# * ††	Finmatica SpA		5,960		0
*	FNM SpA		1,412,345		688,116
	Gefran SpA		35,925		397,124
# *	Geox SpA		356,231		403,163

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ITALY — (Continued)
	GPI SpA		16,644	$	222,108
	Gruppo MutuiOnline SpA		172,390		5,376,901
	Hera SpA		5,400,110		16,811,928
	IMMSI SpA		1,372,199		878,875
	Interpump Group SpA		255,400		14,253,802
	Iren SpA		4,591,232		9,921,808
	Italgas SpA		3,498,389		22,842,660
	Italmobiliare SpA		77,432		2,185,202
*	Iveco Group NV		380,493		3,423,580
	IVS Group SA		140,888		587,588
*	KME Group SpA		1,629,975		1,743,300
	Leonardo SpA		2,654,010		31,627,552
	LU-VE SpA		5,064		169,646
#	Maire Tecnimont SpA		1,232,552		5,289,752
# * ††	Mariella Burani Fashion Group SpA		22,744		0
	MFE-MediaForEurope NV, Class A		6,041,553		2,855,701
#	MFE-MediaForEurope NV, Class B		2,864,215		2,110,174
# *	Newlat Food SpA		22,549		135,455
	Openjobmetis SpA agenzia per il lavoro		63,079		692,042
	Orsero SpA		19,188		268,937
W	OVS SpA		1,531,868		4,605,220
	Pharmanutra SpA		4,175		231,703
	Piaggio& C SpA		1,288,486		5,301,802
W	Pirelli & C SpA		2,472,729		12,952,224
W	RAI Way SpA		605,946		3,881,697
	Reply SpA		144,434		16,826,909
	Rizzoli Corriere Della Sera Mediagroup SpA		956,821		827,304
	Sabaf SpA		63,964		1,163,595
*	Safilo Group SpA		204,731		294,948
#	Salvatore Ferragamo SpA		180,961		3,181,804
#	Sanlorenzo SpA/Ameglia		4,067		182,530
# *	Saras SpA		4,015,334		5,191,392
	Sesa SpA		57,114		6,999,831
# *	Sogefi SpA		342,301		463,405
	SOL SpA		227,005		6,559,230
# *	Spaxs SpA		215,211		1,518,595
	Tamburi Investment Partners SpA		855,369		8,168,656
W	Technogym SpA		869,611		7,935,408
# *	Telecom Italia SpA		17,277,240		5,081,455
# *	Tesmec SpA		313,747		56,353
	Tinexta SpA		122,767		2,503,179
*	Tod’s SpA		2,629		111,124
*	TXT e-solutions SpA		73,775		1,526,885
# W	Unieuro SpA		127,812		1,534,101
	Unipol Gruppo SpA		3,090,802		17,377,670
#	Webuild SpA		1,307,308		2,810,969
	Zignago Vetro SpA		187,606		3,484,737
TOTAL ITALY					505,867,643
NETHERLANDS — (5.1%)
	Aalberts NV		673,240		31,093,989
	Acomo NV		40,981		1,008,340
*	AFC Ajax NV		13,955		168,446
# * W	Alfen NV		73,260		5,927,422
	AMG Advanced Metallurgical Group NV		202,999		7,578,903
	APERAM SA		315,054		11,681,375
	Arcadis NV		526,995		21,769,601
	ASR Nederland NV		568,855		25,019,744
*	Avantium NV		12,128		47,992

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
NETHERLANDS — (Continued)
W	B&S Group Sarl		10,048	$	43,476
#* W	Basic-Fit NV		291,843		12,376,157
#	BE Semiconductor Industries NV		392,853		35,362,123
	Beter Bed Holding NV		27,380		94,839
	Brunel International NV		155,477		2,102,616
	Corbion NV		389,680		12,267,715
W	CTP NV		50,702		665,235
	Flow Traders Ltd.		220,009		5,449,607
#	ForFarmers NV		214,677		694,140
*	Fugro NV		567,199		8,042,501
	Heijmans NV, CVA		165,416		2,058,071
*	InPost SA		36,617		393,005
	Kendrion NV		96,304		2,009,717
	Koninklijke BAM Groep NV		1,711,614		3,750,908
#	Koninklijke Vopak NV		302,476		11,557,151
* W	Lucas Bols NV		24,022		295,343
	Nedap NV		33,400		2,092,593
	OCI NV		300,080		7,907,207
	Ordina NV		637,656		3,940,692
*	Pharming Group NV		1,595,949		1,800,245
#	PostNL NV		3,597,685		6,472,414
#	SBM Offshore NV		954,640		13,493,465
#	SIF Holding NV		34,182		452,013
W	Signify NV		689,279		23,019,460
	Sligro Food Group NV		142,208		2,481,641
# * ††	SRH NV		705,718		0
#	TKH Group NV		268,330		12,990,321
# *	TomTom NV		432,313		3,706,550
	Van Lanschot Kempen NV		160,276		4,871,735
*	Vivoryon Therapeutics NV		5,400		80,655
TOTAL NETHERLANDS					284,767,407
NORWAY — (2.0%)
	2020 Bulkers Ltd.		65,237		652,202
	ABG Sundal Collier Holding ASA		2,487,723		1,294,549
	AF Gruppen ASA		877		13,348
# *	Akastor ASA		787,389		777,581
# *	Aker BioMarine ASA		10,134		37,912
*	Aker Carbon Capture ASA		165,769		170,075
	Aker Solutions ASA		1,266,603		4,520,802
	AMSC ASA		255,057		992,597
*	ArcticZymes Technologies ASA		77,341		279,482
	Atea ASA		374,402		5,150,551
# *	Atlantic Sapphire ASA		81,600		38,919
	Austevoll Seafood ASA		10,091		95,031
W	Avance Gas Holding Ltd.		19,594		132,722
*	Axactor ASA		768,385		457,492
	B2Holding ASA		1,199,978		842,422
	Belships ASA		312,413		590,704
# *	BLUENORD ASA		21,277		724,064
	Bonheur ASA		141,934		3,172,039
# *	Borr Drilling Ltd.		344,231		2,385,514
	Borregaard ASA		490,083		8,200,238
	Bouvet ASA		68,110		429,097
# *	BW Energy Ltd.		367,067		987,560
W	BW LPG Ltd.		635,864		5,137,369
	BW Offshore Ltd.		718,449		1,917,156
*	Cadeler AS		63,427		275,851
*	Cloudberry Clean Energy ASA		19,690		19,491

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
NORWAY — (Continued)
#* W	Crayon Group Holding ASA		182,944	$	1,413,994
	DNO ASA		3,077,532		3,078,760
	Elopak ASA		6,452		14,495
W	Entra ASA		2,743		27,873
# W	Europris ASA		1,154,131		8,265,523
	FLEX LNG Ltd.		201,947		7,004,695
	Frontline PLC		179,865		2,790,362
	Grieg Seafood ASA		332,908		2,791,724
	Hafnia Ltd.		220,612		1,196,814
*	Hexagon Composites ASA		708,239		2,147,888
# *	IDEX Biometrics ASA		594,228		51,948
*	Kahoot! ASA		358,447		935,751
W	Kid ASA		35,988		298,122
	Kitron ASA		508,533		1,920,465
# W	Klaveness Combination Carriers ASA		2,957		22,393
*	Kongsberg Automotive ASA		4,586,574		1,130,847
*	LINK Mobility Group Holding ASA		51,820		45,341
	Medistim ASA		2,163		53,437
*	MORROW BANK ASA		33,724		16,472
	MPC Container Ships ASA		1,605,920		2,635,389
W	Multiconsult ASA		2,534		35,458
* W	Norske Skog ASA		259,994		1,155,815
*	Northern Ocean Ltd.		64,314		70,041
*	Norwegian Air Shuttle ASA		842,208		818,399
*	NRC Group ASA		38,228		39,476
*	Odfjell Drilling Ltd.		636,267		1,485,595
#	Odfjell SE, Class A		138,332		1,295,366
*	Odfjell Technology Ltd.		97,767		489,798
#	OKEA ASA		78,091		225,702
W	Okeanis Eco Tankers Corp.		16,989		396,381
	Olav Thon Eiendomsselskap ASA		69,932		1,151,797
	Otello Corp. ASA		27,272		20,160
	Panoro Energy ASA		63,209		163,983
	Pareto Bank ASA		47,843		232,845
*	PGS ASA		3,253,204		2,357,662
*	PhotoCure ASA		18,163		91,323
#* W	poLight ASA		5,744		6,507
*	Prosafe SE		6,125		73,763
	Protector Forsikring ASA		436,859		6,342,907
# *	REC Silicon ASA		1,933,238		2,907,874
W	Scatec ASA		138,982		908,613
*	SD Standard ETC PLC		271,994		49,267
	Selvaag Bolig ASA		325,020		1,111,565
#* W	Shelf Drilling Ltd.		124,843		284,430
*	Siem Offshore, Inc.		10,249		19,082
*	Solstad Offshore ASA		29,716		61,953
	Sparebank 1 Oestlandet		26,309		309,505
	SpareBank 1 Sorost-Norge		1,788		8,525
	Stolt-Nielsen Ltd.		188,450		5,433,870
	TGS ASA		20,418		320,198
	Treasure ASA		316,195		529,343
# *	Ultimovacs ASA		24,075		288,067
	Veidekke ASA		638,830		7,354,462
*	Volue ASA		168		283
	Wilh Wilhelmsen Holding ASA, Class A		68,304		1,789,928
# W	XXL ASA		964,788		197,817
TOTAL NORWAY					113,164,821

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
PORTUGAL — (0.9%)
#	Altri SGPS SA		472,047	$	2,443,574
	Banco Comercial Portugues SA, Class R		54,911,798		14,114,727
	Corticeira Amorim SGPS SA		116,151		1,312,095
	CTT-Correios de Portugal SA		683,434		2,823,336
# *	Greenvolt-Energias Renovaveis SA		110,961		754,105
	Ibersol SGPS SA		52,494		388,805
	Mota-Engil SGPS SA		641,747		1,402,772
	Navigator Co. SA		1,749,202		6,420,292
#	NOS SGPS SA		1,562,222		6,868,118
	REN—Redes Energeticas Nacionais SGPS SA		2,925,105		8,494,515
	Sonae SGPS SA		6,718,077		7,660,945
TOTAL PORTUGAL					52,683,284
SPAIN — (5.5%)
	Acerinox SA		1,095,358		11,834,524
* ††	Adveo Group International SA		84,445		0
W	Aedas Homes SA		27,692		424,524
	Alantra Partners SA		70,997		884,401
	Almirall SA		468,585		4,796,873
# *	Amper SA		6,893,962		1,169,148
	Applus Services SA		918,297		7,704,581
	Atresmedia Corp. de Medios de Comunicacion SA		550,863		2,202,876
	Azkoyen SA		67,253		481,392
#	Banco de Sabadell SA		36,362,876		37,897,250
#	Bankinter SA		4,245,482		25,104,454
	Cia de Distribucion Integral Logista Holdings SA		418,609		11,368,117
	CIE Automotive SA		374,936		11,306,017
	Construcciones y Auxiliar de Ferrocarriles SA		125,517		3,895,179
# *	Deoleo SA		37,749		10,184
*	Distribuidora Internacional de Alimentacion SA		3,729,910		64,991
#	Ebro Foods SA		524,137		9,729,457
# *	eDreams ODIGEO SA		427,530		2,423,094
	Elecnor SA		200,108		2,622,134
	Enagas SA		1,457,648		29,183,113
#	Ence Energia y Celulosa SA		978,493		3,832,840
	Ercros SA		643,000		3,001,372
	Faes Farma SA		1,973,648		6,957,252
	Fluidra SA		360,447		6,174,470
	Fomento de Construcciones y Contratas SA		273,844		2,771,976
W	Gestamp Automocion SA		748,655		3,241,133
W	Global Dominion Access SA		695,411		2,908,160
# *	Grenergy Renovables SA		7,453		218,171
	Grupo Catalana Occidente SA		268,886		8,677,999
#	Grupo Empresarial San Jose SA		151,317		658,954
	Iberpapel Gestion SA		47,911		838,260
	Indra Sistemas SA		876,621		11,607,175
#	Laboratorio Reig Jofre SA		14,851		42,057
	Laboratorios Farmaceuticos Rovi SA		111,322		4,924,708
#	Linea Directa Aseguradora SA Cia de Seguros y Reaseguros		3,862,215		3,564,328
	Mapfre SA		3,656,215		7,323,860
*	Melia Hotels International SA		662,631		4,278,448
# W	Metrovacesa SA		27,652		231,105
	Miquel y Costas & Miquel SA		193,707		2,599,890
W	Neinor Homes SA		90,425		916,398
# *	Obrascon Huarte Lain SA		1,611,857		916,776
*	Oryzon Genomics SA		35,547		83,170
	Pharma Mar SA		41,970		1,742,383
	Prim SA		40,283		465,463
*	Promotora de Informaciones SA, Class A		1,330,083		558,184

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SPAIN — (Continued)
# W	Prosegur Cash SA		445,278	$	308,292
	Prosegur Cia de Seguridad SA		1,198,069		2,298,448
*	Realia Business SA		1,667,905		1,837,545
	Renta 4 Banco SA		442		5,116
	Sacyr SA		2,901,323		9,599,758
*	Solaria Energia y Medio Ambiente SA		495,187		7,812,422
*	Soltec Power Holdings SA		28,469		162,834
# W	Talgo SA		583,027		2,028,333
# *	Tecnicas Reunidas SA		184,355		1,710,593
*	Tubacex SA		738,150		2,007,113
# *	Tubos Reunidos SA		34,204		30,434
# W	Unicaja Banco SA		8,069,679		8,189,774
	Vidrala SA		129,562		13,601,080
	Viscofan SA		269,301		18,459,696
	Vocento SA		352,577		279,068
TOTAL SPAIN					309,967,347
SWEDEN — (5.8%)
W	AcadeMedia AB		454,275		2,305,374
#	AddLife AB, Class B		90,427		1,071,526
	AddNode Group AB		439,035		5,583,529
	AFRY AB		306,510		5,762,042
# W	Alimak Group AB		490,084		3,615,934
	Alligo AB, Class B		137,415		1,532,818
W	Ambea AB		196,916		749,093
*	Annehem Fastigheter AB, Class B		142,899		269,170
	AQ Group AB		1,834		73,255
# *	Arise AB		102,189		554,063
	Arjo AB, Class B		1,016,696		4,510,244
	Atrium Ljungberg AB, Class B		189,737		3,528,652
* W	Attendo AB		675,522		2,393,743
	Balco Group AB		979		4,229
#	BE Group AB		3,385		35,095
	Beijer Alma AB		304,748		6,929,321
	Bergman & Beving AB		207,826		2,912,235
	Bergs Timber AB, Class B		6,227		22,140
# *	Besqab AB		21,962		58,430
	Besqab AB		43,924		115,645
	Betsson AB, Class B		887,419		9,586,925
# *	Better Collective AS		79,678		1,686,763
# *	BHG Group AB		351,076		399,708
	Bilia AB, Class A		585,208		6,604,472
	BioGaia AB, Class B		2,247		22,314
*	BioInvent International AB		39,595		111,993
	Biotage AB		384,950		4,788,613
	Bjorn Borg AB		13,009		49,991
	Bonava AB, Class B		510,167		920,157
#* W	Boozt AB		208,160		2,412,865
W	Bravida Holding AB		535,882		6,524,225
#	Bufab AB		227,752		7,554,421
#	Bulten AB		115,761		1,074,139
#	Bure Equity AB		340,006		8,693,458
	Byggmax Group AB		521,019		1,596,360
	Catella AB		89,746		305,063
	Catena AB		168,356		6,458,180
# *	Catena Media PLC		330,046		929,590
# *	Cavotec SA		79,682		111,782
	Cellavision AB		38,768		661,231
	Cibus Nordic Real Estate AB		17,320		185,255

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
#	Clas Ohlson AB, Class B		273,686	$	2,066,292
	Cloetta AB, Class B		1,873,684		3,966,291
*	Collector Bank AB		288,079		917,314
	Concentric AB		339,818		7,146,782
# W	Coor Service Management Holding AB		436,469		2,839,616
	Corem Property Group AB, Class B		3,766,156		2,988,723
	Dedicare AB, Class B		4,184		59,139
	Dios Fastigheter AB		770,250		5,496,861
# W	Dometic Group AB		37,879		271,503
*	Duni AB		217,519		2,378,884
* W	Dustin Group AB		495,393		1,704,666
	Eastnine AB		126,421		1,208,297
	Elanders AB, Class B		74,315		944,451
#	Electrolux Professional AB, Class B		488,399		2,846,925
#* W	Eltel AB		206,068		178,458
# *	Enea AB		104,284		688,361
	Eolus Vind AB, Class B		37,209		294,997
	Ependion AB		93,898		1,040,905
	eWork Group AB		38,130		533,331
	Fagerhult AB		300,931		1,923,450
	FastPartner AB, Class A		21,544		131,854
	FastPartner AB, Class D		35		206
#	Fenix Outdoor International AG		19,605		1,574,091
*	Fingerprint Cards AB, Class B		544,306		141,717
#	G5 Entertainment AB		41,861		922,757
	GARO AB		23,361		185,580
#	Granges AB		825,954		8,215,049
	Hanza AB		30,446		234,526
#	Heba Fastighets AB, Class B		269,814		816,533
	Hemnet Group AB		4,924		80,734
	HMS Networks AB		130,562		6,073,819
* W	Hoist Finance AB		369,945		929,811
*	Humana AB		135,681		191,083
#	IAR Systems Group AB		1,213		12,338
	Immunovia AB		10,768		4,295
#	Instalco AB		518,222		2,723,987
# *	International Petroleum Corp.		443,347		4,316,402
#	Intrum AB		57,765		522,930
	Inwido AB		455,135		4,782,715
	JM AB		416,879		6,692,466
*	Karnov Group AB		87,368		474,041
# *	K-fast Holding AB		9,734		19,637
	Kindred Group PLC, SDR		7,371		90,716
#	KNOW IT AB		174,673		4,047,853
	Lagercrantz Group AB, Class B		971,045		12,496,767
#	Lime Technologies AB		15,348		380,465
	Lindab International AB		615,586		9,858,840
	Loomis AB		343,148		10,983,747
# *	Maha Energy AB		148,058		137,299
*	Medcap AB		6,064		160,712
	MEKO AB		299,806		3,676,371
#	MIPS AB		78,117		4,224,046
	Modern Times Group MTG AB, Class B		606,688		4,877,276
*	Momentum Group AB		137,415		1,125,391
# W	Munters Group AB		187,964		1,844,968
	Mycronic AB		418,095		8,885,719
#	NCAB Group AB		108,674		830,591
	NCC AB, Class B		404,376		4,021,151
#	Nederman Holding AB		33,980		648,811

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
*	Net Insight AB, Class B		2,224,384	$	1,136,482
	New Wave Group AB, Class B		415,624		8,394,002
	Nilorngruppen AB, Class B		7,191		49,911
*	Nobia AB		820,940		1,197,140
#	Nolato AB, Class B		1,473,007		8,172,334
	Nordic Paper Holding AB		14,413		56,314
	Nordic Waterproofing Holding AB		83,900		1,143,941
*	Note AB		56,156		1,257,852
#	NP3 Fastigheter AB		175,554		3,379,221
	Nyfosa AB		1,209,815		8,290,715
	OEM International AB, Class B		296,140		2,873,979
#	Orron Energy AB		484,554		565,392
*	Ovzon AB		1,938		6,968
#	Peab AB, Class B		178,127		942,304
	Platzer Fastigheter Holding AB, Class B		246,091		2,073,313
	Prevas AB, Class B		8,542		127,121
	Pricer AB, Class B		892,974		914,115
	Proact IT Group AB		191,163		2,052,783
	Ratos AB, Class B		1,547,879		5,350,351
*	RaySearch Laboratories AB		160,684		1,074,471
	Rejlers AB		948		14,659
W	Resurs Holding AB		940,585		1,789,972
#	Rottneros AB		672,020		807,006
*	Scandi Standard AB		393,395		2,033,228
#* W	Scandic Hotels Group AB		1,043,374		3,733,035
*	Sdiptech AB, Class B		30,050		694,354
*	Sensys Gatso Group AB		3,512,360		307,380
#	SkiStar AB		322,137		4,147,517
	Solid Forsakring AB		86,686		549,074
*	Stendorren Fastigheter AB		6,293		123,682
*	Stillfront Group AB		591,094		1,259,382
	Systemair AB		360,836		3,136,168
	Tethys Oil AB		125,374		641,430
	TF Bank AB		5,604		74,528
*	Tobii AB		14,796		30,889
	Troax Group AB		226,249		5,127,838
	VBG Group AB, Class B		28,343		470,556
*	Viaplay Group AB		60,065		1,534,844
	Vitec Software Group AB, Class B		53,644		2,825,635
	Volati AB		5,223		52,245
	XANO Industri AB, Class B		5,023		45,116
TOTAL SWEDEN					327,993,830
SWITZERLAND — (17.2%)
# *	Accelleron Industries AG		35,772		882,306
	Adecco Group AG		488,962		16,818,607
	Allreal Holding AG		123,491		21,914,594
#	ALSO Holding AG		46,377		9,941,812
*	Aluflexpack AG		721		14,785
*	ams-OSRAM AG		1,424,857		9,840,171
	APG SGA SA		9,203		2,029,958
	Arbonia AG		343,219		4,202,813
*	Aryzta AG		6,453,812		11,466,912
	Ascom Holding AG		202,692		1,961,019
# *	Autoneum Holding AG		21,603		3,283,316
	Baloise Holding AG		98,975		16,567,739
	Banque Cantonale de Geneve		9,528		2,195,268
	Banque Cantonale du Jura SA		3,848		235,565
#	Banque Cantonale Vaudoise		116,712		12,280,952

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWITZERLAND — (Continued)
*	Basilea Pharmaceutica AG		17,849	$	864,999
	Belimo Holding AG		65,574		31,647,887
	Bell Food Group AG		14,480		4,598,186
	Bellevue Group AG		57,974		2,038,777
	Berner Kantonalbank AG		31,172		8,339,887
	BKW AG		161,471		27,651,374
	Bossard Holding AG, Class A		46,297		11,354,021
	Bucher Industries AG		54,010		24,323,169
	Burckhardt Compression Holding AG		8,637		5,333,232
	Burkhalter Holding AG		25,671		2,758,605
	Bystronic AG		9,633		6,953,242
	Calida Holding AG		40,721		1,888,445
	Carlo Gavazzi Holding AG		3,115		1,137,413
	Cembra Money Bank AG		195,981		15,738,468
# *	Cicor Technologies Ltd.		15,422		766,485
	Cie Financiere Tradition SA		9,969		1,340,277
	Clariant AG		1,148,306		19,153,980
	Coltene Holding AG		27,288		2,223,838
#	Comet Holding AG		28,240		6,826,092
#	COSMO Pharmaceuticals NV		11,655		703,068
	Daetwyler Holding AG		14,059		3,557,459
	DKSH Holding AG		234,221		18,655,902
	dormakaba Holding AG		24,078		10,786,352
*	Dufry AG		492,648		22,774,742
	EFG International AG		675,403		6,499,644
	Emmi AG		15,822		16,466,010
	Energiedienst Holding AG		83,637		4,164,075
	Evolva Holding SA		13,396		284,011
	Feintool International Holding AG		45,558		1,124,242
	Flughafen Zurich AG		145,858		28,073,091
#	Forbo Holding AG		8,551		12,587,692
	Fundamenta Real Estate AG		3,191		58,890
W	Galenica AG		258,527		23,168,873
# *	GAM Holding AG		1,195,762		1,238,677
	Georg Fischer AG		626,442		45,680,066
# *	Gurit Holding AG, Class BR		28,958		2,913,345
	Helvetia Holding AG		262,788		39,311,056
	Hiag Immobilien Holding AG		22,952		2,134,487
# *	HOCHDORF Holding AG		6,697		144,201
	Huber & Suhner AG		108,834		8,964,563
	Hypothekarbank Lenzburg AG		6		29,088
	Implenia AG		106,354		4,799,457
*	Ina Invest Holding AG		29,730		606,206
	Inficon Holding AG		14,881		16,201,360
#	Interroll Holding AG		5,057		18,457,437
	Intershop Holding AG		10,830		7,604,689
	Investis Holding SA		5,818		648,383
*	Jungfraubahn Holding AG		18,335		3,125,379
	Kardex Holding AG		49,410		11,291,697
	Komax Holding AG		22,696		6,015,890
# *	Kudelski SA		217,692		440,387
	Landis & Gyr Group AG		94,470		7,826,657
	LEM Holding SA		3,935		8,676,544
	Liechtensteinische Landesbank AG		64,467		4,554,037
	Luzerner Kantonalbank AG		101,195		9,067,741
W	Medacta Group SA		8,485		1,140,436
W	Medmix AG		141,238		3,351,374
	Meier Tobler Group AG		45,826		2,733,377
	Metall Zug AG, Class B		1,139		2,356,883

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWITZERLAND — (Continued)
	Mikron Holding AG		8,692	$	113,837
	Mobilezone Holding AG		303,156		4,639,323
	Mobimo Holding AG		62,895		16,867,703
	Novavest Real Estate AG		1,614		71,650
	OC Oerlikon Corp. AG		1,586,613		8,883,985
# *	Orascom Development Holding AG		93,520		721,462
#	Orell Fuessli AG		5,028		438,866
	Orior AG		38,352		3,580,190
	Phoenix Mecano AG		4,517		2,229,240
	Plazza AG, Class A		6,993		2,470,592
	PSP Swiss Property AG		337,750		39,773,828
#	Rieter Holding AG		20,988		2,285,636
	Romande Energie Holding SA		2,670		3,856,217
	Schaffner Holding AG		3,129		932,636
	Schweiter Technologies AG		7,215		5,757,469
#	Schweizerische Nationalbank		23		119,104
* W	Sensirion Holding AG		33,193		3,601,311
	SFS Group AG		124,943		16,326,364
	Siegfried Holding AG		32,647		25,161,326
	SIG Group AG		50,085		1,340,557
#	Softwareone Holding AG		212,521		3,205,781
	St Galler Kantonalbank AG		17,586		9,905,289
#	Stadler Rail AG		12,888		535,611
	Sulzer AG		139,983		11,730,222
	Swiss Prime Site AG		182,651		16,533,499
# *	Swiss Steel Holding AG		3,362,368		531,471
	Swissquote Group Holding SA		82,376		17,634,440
	Temenos AG		172,536		14,533,333
	Thurgauer Kantonalbank		3,152		421,621
#	Tornos Holding AG		26,632		180,287
	TX Group AG		20,220		2,355,155
	u-blox Holding AG		55,196		6,653,614
	Valiant Holding AG		111,863		13,001,871
# W	VAT Group AG		73,622		25,973,064
	Vaudoise Assurances Holding SA		6,800		3,596,875
	Vetropack Holding AG		67,815		3,524,943
# *	Von Roll Holding AG		378,198		361,238
	Vontobel Holding AG		226,244		15,153,977
	VP Bank AG, Class A		24,056		2,676,249
	VZ Holding AG		91,061		8,493,830
*	V-ZUG Holding AG		10,820		989,660
	Walliser Kantonalbank		19,368		2,429,219
	Warteck Invest AG		56		127,225
	Ypsomed Holding AG		5,633		1,309,509
	Zehnder Group AG		85,771		7,005,829
	Zug Estates Holding AG, Class B		1,186		2,343,422
	Zuger Kantonalbank AG		704		6,164,614
# *	Zur Rose Group AG		4,404		192,693
TOTAL SWITZERLAND					963,527,499
UNITED STATES — (0.1%)
	ADTRAN Holdings, Inc.		325,096		2,932,485
*	Noble Corp. PLC		24,677		925,883
W	PolyPeptide Group AG		625		15,682
TOTAL UNITED STATES					3,874,050
TOTAL COMMON STOCKS					5,144,794,802

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
PREFERRED STOCKS — (0.9%)
GERMANY — (0.9%)
	Draegerwerk AG & Co. KGaA		65,128	$	3,664,974
	Fuchs Petrolub SE		449,493		17,758,089
	Jungheinrich AG		346,549		13,432,150
	Sixt SE		118,586		9,448,033
	STO SE & Co. KGaA		16,969		3,307,790
	Villeroy & Boch AG		41,086		870,793
TOTAL GERMANY					48,481,829
RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
* ††	CA Immobilien Anlagen AG		497,492		0
* ††	S Immo AG 8/11/23		346,922		0
FRANCE — (0.0%)
# *	Arabi Group Holding KSC Rights 05/02/23		127,012		206,335
ITALY — (0.0%)
# *	Webuild SpA Warrants 08/02/30		116,038		0
SPAIN — (0.0%)
*	Faes Farma SA Rights 05/02/23		2,119,534		287,444
*	Tecnicas Reunidas SA Rights 05/02/23		184,355		209,604
TOTAL SPAIN.					497,048
TOTAL RIGHTS/WARRANTS					703,383
TOTAL INVESTMENT SECURITIES (Cost $4,267,220,091)					5,193,980,014
				Value†
SECURITIES LENDING COLLATERAL — (7.4%)
@ §	The DFA Short Term Investment Fund		36,018,452		416,625,437
TOTAL INVESTMENTS — (100.0%) (Cost $4,683,820,954)				$	5,610,605,451

ADR American Depositary Receipt

BAM Build America Mutual

REIT Real Estate Investment Trust

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Austria		—	$	182,023,055		—	$	182,023,055
Belgium	$	4,043,710		211,914,152		—		215,957,862
Denmark		—		354,304,564		—		354,304,564
Finland		—		285,579,629		—		285,579,629
France		—		583,197,822		—		583,197,822
Germany		120,999		762,202,253		—		762,323,252
Ireland		—		84,155,455		—		84,155,455
Israel		586,594		114,820,688		—		115,407,282
Italy		—		505,867,643		—		505,867,643
Netherlands		—		284,767,407		—		284,767,407
Norway		338,882		112,825,939		—		113,164,821
Portugal		—		52,683,284		—		52,683,284
Spain		—		309,967,347		—		309,967,347
Sweden		119,940		327,873,890		—		327,993,830
Switzerland		284,011		963,243,488		—		963,527,499
United States		—		3,874,050		—		3,874,050
Preferred Stocks
Germany		—		48,481,829		—		48,481,829
Rights/Warrants
France		—		206,335		—		206,335
Spain		—		497,048		—		497,048
Securities Lending Collateral		—		416,625,437		—		416,625,437
TOTAL	$	5,494,136	$	5,605,111,315		—	$	5,610,605,451

See accompanying Notes to Financial Statements.

THE CANADIAN SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (90.5%)
COMMUNICATION SERVICES — (0.9%)
*	AcuityAds Holdings, Inc.		9,419	$	13,765
# *	Aimia, Inc.		732,996		1,909,788
# *	Cineplex, Inc.		28,690		188,041
#	Cogeco Communications, Inc.		73,317		3,553,157
	Cogeco, Inc.		32,029		1,363,333
#	Corus Entertainment, Inc., Class B		993,121		1,040,877
*	Enthusiast Gaming Holdings, Inc.		18,353		7,857
*	Enthusiast Gaming Holdings, Inc., Class I		9,000		3,781
	TELUS Corp.		173,836		3,684,969
*	TeraGo, Inc.		2,400		5,172
# *	WildBrain Ltd.		612,863		922,789
#	Yellow Pages Ltd.		74,205		712,009
TOTAL COMMUNICATION SERVICES					13,405,538
CONSUMER DISCRETIONARY — (5.0%)
*	Aritzia, Inc.		490,659		15,594,181
*	AutoCanada, Inc.		121,583		1,844,138
#	BMTC Group, Inc.		20,581		205,073
# *	Bragg Gaming Group, Inc.		4,700		15,645
# *	Canada Goose Holdings, Inc.		289,410		5,678,224
# *	Dorel Industries, Inc., Class B		149,777		438,879
#	Exco Technologies Ltd.		164,124		891,577
	Gamehost, Inc.		89,999		597,181
	Leon’s Furniture Ltd.		167,479		2,391,939
	Linamar Corp.		252,633		12,008,389
	Martinrea International, Inc.		483,433		5,048,955
#	MTY Food Group, Inc.		106,415		4,619,966
	Park Lawn Corp.		183,840		3,578,153
	Pizza Pizza Royalty Corp.		162,278		1,666,079
#	Pollard Banknote Ltd.		49,129		868,465
# W	Sleep Country Canada Holdings, Inc.		200,990		3,487,674
W	Spin Master Corp.		155,322		4,419,429
*	Uni-Select, Inc.		241,584		8,298,572
TOTAL CONSUMER DISCRETIONARY					71,652,519
CONSUMER STAPLES — (4.7%)
#	Andrew Peller Ltd., Class A		168,200		547,486
*	CareRx Corp.		2,700		4,484
	Corby Spirit & Wine Ltd.		83,567		959,739
	High Liner Foods, Inc.		106,744		1,147,921
W	Jamieson Wellness, Inc.		248,226		6,130,304
#	KP Tissue, Inc.		47,200		354,300
	Lassonde Industries, Inc., Class A		18,000		1,288,836
#	Maple Leaf Foods, Inc.		438,446		8,983,475
	Neighbourly Pharmacy, Inc.		1,426		22,366
#	North West Co., Inc.		292,056		8,566,487
#	Premium Brands Holdings Corp.		244,773		18,375,364
	Primo Water Corp.		883,547		13,420,978
	Rogers Sugar, Inc.		689,824		3,192,380
# *	SunOpta, Inc.		414,694		3,513,649
TOTAL CONSUMER STAPLES					66,507,769

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (21.6%)
*	Advantage Energy Ltd.		1,137,856	$	6,399,574
	Africa Oil Corp.		1,354,347		2,619,027
*	AKITA Drilling Ltd., Class A		400		416
*	Athabasca Oil Corp.		1,992,842		4,912,789
*	Baytex Energy Corp.		2,700,011		10,163,528
#	Birchcliff Energy Ltd.		1,560,817		9,458,101
*	Bonterra Energy Corp.		52,762		259,750
*	Calfrac Well Services Ltd.		18,245		57,367
#	Canacol Energy Ltd.		186,702		1,384,918
#	Cardinal Energy Ltd.		732,276		3,945,538
	CES Energy Solutions Corp.		1,395,183		2,770,080
	Computer Modelling Group Ltd.		452,045		2,365,575
#	Crescent Point Energy Corp.		3,029,287		22,406,509
*	Crew Energy, Inc.		479,679		1,628,611
# *	Denison Mines Corp.		3,750,567		4,124,696
#	Enerflex Ltd.		624,409		3,788,347
# *	Energy Fuels, Inc.		66,322		376,926
#	Enerplus Corp.		1,281,408		19,161,951
*	Ensign Energy Services, Inc.		752,032		1,470,927
# *	Fission Uranium Corp.		1,962,000		912,322
#	Freehold Royalties Ltd.		727,568		7,920,898
*	Frontera Energy Corp.		280,837		2,657,365
#	Gear Energy Ltd.		227,278		176,139
	Gibson Energy, Inc.		899,205		15,258,311
*	Gran Tierra Energy, Inc.		2,104,112		1,661,734
#	Headwater Exploration, Inc.		1,038,901		4,769,505
	InPlay Oil Corp.		29,169		60,067
# *	Journey Energy, Inc.		22,652		100,984
*	Kelt Exploration Ltd.		984,256		3,596,020
#	Keyera Corp.		69,971		1,646,437
*	Kolibri Global Energy, Inc.		5,600		20,170
* ††	Lightstream Resources Ltd.		687,816		0
*	MEG Energy Corp.		1,197,577		19,941,202
	North American Construction Group Ltd.		154,335		2,968,111
*	NuVista Energy Ltd.		1,051,851		9,129,990
# *	Obsidian Energy Ltd.		106,313		692,098
	Paramount Resources Ltd., Class A		487,473		11,542,341
	Parex Resources, Inc.		727,671		14,775,237
	Parkland Corp.		848,828		20,017,016
	Pason Systems, Inc.		440,325		3,834,989
*	Petrus Resources Ltd.		9,700		11,813
#	Peyto Exploration & Development Corp.		1,059,984		9,654,355
	PHX Energy Services Corp.		129,423		645,754
# *	Pieridae Energy Ltd.		21,800		8,206
#	Pine Cliff Energy Ltd.		189,200		187,126
	Pipestone Energy Corp.		87,755		161,928
#	PrairieSky Royalty Ltd.		1,182,767		18,664,471
*	Precision Drilling Corp.		83,515		4,158,361
# *	Questerre Energy Corp., Class A		797,460		135,377
	Secure Energy Services, Inc.		1,829,933		8,522,623
*	ShawCor Ltd.		409,678		3,689,022
	Spartan Delta Corp.		386,106		4,380,152
* W	STEP Energy Services Ltd.		31,360		77,078
#	Surge Energy, Inc.		198,577		1,285,395
#	Tamarack Valley Energy Ltd.		2,325,289		6,418,851
	TerraVest Industries, Inc.		5,000		99,457
	Tidewater Midstream & Infrastructure Ltd.		1,358,267		912,295
	Topaz Energy Corp.		203,332		2,912,997
	Total Energy Services, Inc.		256,662		1,517,411

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (Continued)
# *	Touchstone Exploration, Inc.		28,397	$	22,007
	Trican Well Service Ltd.		1,213,027		2,838,171
#	Vermilion Energy, Inc.		949,975		12,027,748
#	Whitecap Resources, Inc.		1,227,889		9,679,195
*	Yangarra Resources Ltd.		299,471		402,286
TOTAL ENERGY					307,387,645
FINANCIALS — (7.8%)
	AGF Management Ltd., Class B		375,028		2,081,567
#	Alaris Equity Partners Income		131,244		1,681,659
	Canaccord Genuity Group, Inc.		482,088		3,846,456
#	Canadian Western Bank		477,248		8,559,712
#	Chesswood Group Ltd.		56,542		353,062
#	CI Financial Corp.		1,010,158		9,946,125
	Clairvest Group, Inc.		1,900		111,068
	Definity Financial Corp.		99,636		2,702,604
	ECN Capital Corp.		906,970		2,115,382
	E-L Financial Corp. Ltd.		7,278		4,928,638
	Element Fleet Management Corp.		1,212,478		15,857,925
#	EQB, Inc.		144,192		6,396,235
#	Fiera Capital Corp.		347,931		1,908,054
	Firm Capital Mortgage Investment Corp.		189,321		1,553,862
#	First National Financial Corp.		85,119		2,375,429
	goeasy Ltd.		61,859		4,236,555
# *	GoldMoney, Inc.		125,000		190,981
	Guardian Capital Group Ltd., Class A		93,214		2,914,378
#	Home Capital Group, Inc.		284,804		9,154,677
	Kingsway Financial Services, Inc.		13,070		113,450
#	Laurentian Bank of Canada		370,975		8,819,504
* W	Nuvei Corp.		41,642		1,692,747
	Onex Corp.		135,402		6,235,178
*	RF Capital Group, Inc.		17,024		139,472
#	Sprott, Inc.		130,240		4,684,415
	Timbercreek Financial Corp.		507,490		2,951,634
*	Trisura Group Ltd.		220,343		5,092,032
	VersaBank		3,400		24,894
TOTAL FINANCIALS					110,667,695
HEALTH CARE — (1.9%)
#	Andlauer Healthcare Group, Inc.		62,923		2,392,268
*	Aptose Biosciences, Inc.		11,500		5,517
# *	Aurora Cannabis, Inc.		612,928		367,107
# *	Bausch Health Cos., Inc.		1,533,896		11,304,814
# *	Canopy Growth Corp.		313,200		405,358
# *	Cronos Group, Inc.		560,517		1,048,167
*	dentalcorp Holdings Ltd.		21,273		139,271
*	Dialogue Health Technologies, Inc.		100		261
#	Extendicare, Inc.		477,019		2,277,974
#	HLS Therapeutics, Inc.		20,104		83,096
*	Knight Therapeutics, Inc.		796,572		2,645,735
	Medical Facilities Corp.		154,017		975,360
*	Oncolytics Biotech, Inc.		33,485		48,218
# *	Organigram Holdings, Inc.		1,093,936		548,154
#	Sienna Senior Living, Inc.		398,686		3,207,497
*	Viemed Healthcare, Inc.		101,050		1,095,152
*	Well Health Technologies Corp.		25,803		105,890
	Zenith Capital Corp.		111,820		23,497
TOTAL HEALTH CARE					26,673,336

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (12.2%)
	ADENTRA, Inc.		7,855	$	150,856
#	Aecon Group, Inc.		350,074		3,273,748
#	AG Growth International, Inc.		142,423		6,230,514
#	Algoma Central Corp.		48,800		561,892
*	Anaergia, Inc.		8,588		7,543
# *	ATS Corp.		405,936		17,401,751
#	Badger Infrastructure Solutions Ltd.		188,683		4,134,774
# *	Ballard Power Systems, Inc.		915,625		4,047,100
	Bird Construction, Inc.		280,776		1,776,027
	Black Diamond Group Ltd.		248,917		1,258,502
*	Bombardier, Inc., Class A		13,989		610,938
# *	Bombardier, Inc., Class B		458,761		19,815,252
#	Boyd Group Services, Inc.		118,316		19,731,705
#	Calian Group Ltd.		59,197		2,744,336
	Dexterra Group, Inc.		168,743		605,299
#	Doman Building Materials Group Ltd.		349,013		1,581,681
	Exchange Income Corp.		109,053		4,202,426
	Finning International, Inc.		811,389		21,026,584
*	GDI Integrated Facility Services, Inc.		57,763		1,876,759
	Hammond Power Solutions, Inc.		1,200		35,198
*	Heroux-Devtek, Inc.		243,053		2,310,605
#	K-Bro Linen, Inc.		62,086		1,287,224
	Magellan Aerospace Corp.		114,378		603,611
*	MDA Ltd.		53,067		261,252
#	Mullen Group Ltd.		510,758		5,658,543
#	NFI Group, Inc.		316,286		1,846,568
	Richelieu Hardware Ltd.		316,493		9,516,865
#	Russel Metals, Inc.		348,423		8,872,269
#	Savaria Corp.		247,487		3,035,933
#	SNC-Lavalin Group, Inc.		963,814		22,195,075
	Wajax Corp.		110,885		1,968,324
# *	Westport Fuel Systems, Inc.		73,881		54,291
#	Westshore Terminals Investment Corp.		281,085		5,730,205
*	Xtract One Technologies, Inc.		51,500		33,830
TOTAL INDUSTRIALS					174,447,480
INFORMATION TECHNOLOGY — (2.7%)
	Absolute Software Corp.		25,091		195,208
# *	BlackBerry Ltd.		2,606,813		10,192,474
*	Celestica, Inc.		607,998		6,596,961
*	Converge Technology Solutions Corp.		48,500		118,131
	Dye & Durham Ltd.		160,099		1,703,973
	Enghouse Systems Ltd.		246,381		6,781,228
	Evertz Technologies Ltd.		148,543		1,300,306
*	Kinaxis, Inc.		24,919		3,422,098
# *	Lightspeed Commerce, Inc.		560,022		7,353,089
	Quarterhill, Inc.		624,896		618,047
*	Sangoma Technologies Corp.		4,200		14,942
	Softchoice Corp.		18,332		221,497
	TECSYS, Inc.		14,563		274,954
	Vecima Networks, Inc.		6,059		102,858
TOTAL INFORMATION TECHNOLOGY					38,895,766
MATERIALS — (24.3%)
*	5N Plus, Inc.		452,167		1,017,906
#	Acadian Timber Corp.		65,067		756,878
	Agnico Eagle Mines Ltd.		21,697		1,230,872
#	AirBoss of America Corp.		94,697		502,544

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Alamos Gold, Inc.,Class A		2,178,622	$	28,156,566
	Altius Minerals Corp.		269,402		4,225,407
# *	Americas Gold & Silver Corp.		86,596		43,463
	Amerigo Resources Ltd.		227,887		270,803
#	Archer Exploration Corp.		6		1
*	Argonaut Gold, Inc.		1,641,719		751,276
*	Ascot Resources Ltd.		71,438		33,746
	B2Gold Corp.		5,992,420		23,601,640
# *	Calibre Mining Corp.		231,489		264,832
*	Canfor Corp.		328,088		4,930,340
# *	Canfor Pulp Products, Inc.		144,351		210,957
# *	Capstone Copper Corp.		2,311,783		10,869,143
	Cascades, Inc.		493,690		4,022,835
#	Centerra Gold, Inc.		1,230,485		8,319,183
	China Gold International Resources Corp. Ltd.		1,351,742		6,804,355
# *	Copper Mountain Mining Corp.		943,009		1,774,863
	Dundee Precious Metals, Inc.		1,048,181		7,690,091
# *	Eldorado Gold Corp.		950,594		10,503,522
*	Endeavour Silver Corp.		545,297		2,125,649
# *	Equinox Gold Corp.		1,356,636		6,748,474
# *	ERO Copper Corp.		283,822		5,589,084
#	First Majestic Silver Corp.		1,296,108		9,152,850
# *	First Mining Gold Corp.		749,400		99,562
*	Foraco International SA		355,941		467,635
# *	Fortuna Silver Mines, Inc.		1,471,806		5,507,348
*	Freegold Ventures Ltd.		9,000		3,321
# *	Galiano Gold, Inc.		696,057		431,552
*	GoGold Resources, Inc.		180,275		235,514
* ††	Hanfeng Evergreen, Inc.		45,837		0
	Hudbay Minerals, Inc.		1,218,647		6,107,065
# *	IAMGOLD Corp.		2,880,515		8,241,046
# *	Imperial Metals Corp.		381,250		498,072
# *	Interfor Corp.		338,196		5,306,895
*	K92 Mining, Inc.		215,625		1,024,929
*	Karora Resources, Inc.		545,631		1,953,213
#	Labrador Iron Ore Royalty Corp.		316,969		7,147,214
# *	Largo, Inc.		70,585		333,942
# *	Lucara Diamond Corp.		1,635,773		627,820
	Lundin Gold, Inc.		279,197		3,540,321
	Lundin Mining Corp.		256,682		1,960,851
# *	MAG Silver Corp.		125,976		1,635,168
*	Major Drilling Group International, Inc.		662,163		5,107,284
*	Mandalay Resources Corp.		464		835
# *	Marathon Gold Corp.		147,500		93,627
	Methanex Corp.		329,880		14,770,269
	Neo Performance Materials, Inc.		23,955		158,775
*	New Gold, Inc.		3,310,305		4,251,342
# *	New Pacific Metals Corp.		1,200		2,952
	Newcrest Mining Ltd.		122,119		2,321,425
# *	Northern Dynasty Minerals Ltd.		76,877		16,172
	OceanaGold Corp.		3,802,570		8,700,570
* ††	Orbite Technologies, Inc.		73,500		0
*	Orla Mining Ltd.		419,027		1,895,008
	Osisko Gold Royalties Ltd.		924,187		15,022,582
*	Osisko Mining, Inc.		1,146,937		3,267,651
#	Pan American Silver Corp.		1,788,398		31,846,632
*	PolyMet Mining Corp.		64,208		118,004
	Sandstorm Gold Ltd.		410,565		2,360,631
*	Seabridge Gold, Inc.		345,601		4,849,307

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
# *	SilverCrest Metals, Inc.		167,445	$	1,095,665
#	SSR Mining, Inc.		1,166,122		16,697,956
#	Stelco Holdings, Inc.		247,737		8,656,213
	Stella-Jones, Inc.		302,188		11,825,669
# *	Taseko Mines Ltd.		1,642,585		2,703,594
*	Torex Gold Resources, Inc.		481,018		7,892,409
#	Transcontinental, Inc., Class A		455,253		4,902,492
* ††	Trevali Mining Corp.		255,929		0
	Triple Flag Precious Metals Corp.		39,113		633,895
*	Victoria Gold Corp.		23,206		167,170
# *	Wallbridge Mining Co. Ltd.		350,615		42,700
*	Wesdome Gold Mines Ltd.		729,295		4,559,271
*	Western Copper & Gold Corp.		27,900		47,569
	Western Forest Products, Inc.		1,982,984		1,522,164
#	Winpak Ltd.		175,225		5,844,498
TOTAL MATERIALS					346,093,079
REAL ESTATE — (2.7%)
#	Altus Group Ltd.		244,093		9,692,736
	Bridgemarq Real Estate Services		53,069		584,019
#	Colliers International Group, Inc.		62,516		6,654,142
	DREAM Unlimited Corp., Class A		230,298		3,839,858
	Information Services Corp.		34,305		569,703
# *	Invesque, Inc.		191,266		162,576
*	Mainstreet Equity Corp.		31,349		3,019,555
	Melcor Developments Ltd.		55,340		472,995
	Morguard Corp.		24,020		1,831,218
# *	Real Matters, Inc.		159,389		597,628
#	StorageVault Canada, Inc.		236,819		1,012,055
	Tricon Residential, Inc.		1,316,133		10,551,278
TOTAL REAL ESTATE					38,987,763
UTILITIES — (6.7%)
	AltaGas Ltd.		234,548		4,102,880
*	Altius Renewable Royalties Corp.		4,704		28,574
	Atco Ltd., Class I		399,551		13,202,863
	Boralex, Inc., Class A.		505,030		14,723,907
#	Brookfield Infrastructure Corp.,Class A		92,502		3,941,472
	Capital Power Corp.		687,087		22,394,923
#	Innergex Renewable Energy, Inc.		748,951		7,683,816
*	Maxim Power Corp.		61,434		179,108
	Polaris Renewable Energy, Inc.		107,795		1,062,952
#	Superior Plus Corp.		955,102		7,084,751
	TransAlta Corp.		8,389		74,830
	TransAlta Corp.		1,716,689		15,306,199
#	TransAlta Renewables, Inc.		563,457		5,260,901
TOTAL UTILITIES					95,047,176
TOTAL COMMON STOCKS					1,289,765,766
RIGHTS/WARRANTS — (0.0%)
MATERIALS — (0.0%)
*	Treasury Metals, Inc. Warrants 08/07/23		1		0
TOTAL INVESTMENT SECURITIES (Cost $1,137,042,305)					1,289,765,766

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value†
SECURITIES LENDING COLLATERAL — (9.5%)
@ §	The DFA Short Term Investment Fund		11,717,045	$	135,531,056
TOTAL INVESTMENTS — (100.0%) (Cost $1,272,560,669)				$	1,425,296,822

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	9,720,569	$	3,684,969		—	$	13,405,538
Consumer Discretionary		71,652,519		—		—		71,652,519
Consumer Staples		66,507,769		—		—		66,507,769
Energy		307,387,645		—		—		307,387,645
Financials		110,556,627		111,068		—		110,667,695
Health Care		26,649,839		23,497		—		26,673,336
Industrials		174,447,480		—		—		174,447,480
Information Technology		38,895,766		—		—		38,895,766
Materials		346,093,079		—		—		346,093,079
Real Estate		38,987,763		—		—		38,987,763
Utilities		95,047,176		—		—		95,047,176
Securities Lending Collateral		—		135,531,056		—		135,531,056
TOTAL	$	1,285,946,232	$	139,350,590		—	$	1,425,296,822

See accompanying Notes to Financial Statements.

THE EMERGING MARKETS SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (98.2%)
BRAZIL — (3.8%)
	Ambev SA, ADR		1,642,569	$	4,599,193
	Atacadao SA		477,889		1,029,974
	B3 SA - Brasil Bolsa Balcao		2,272,571		5,321,711
	Banco Bradesco SA		755,221		1,880,557
	Banco BTG Pactual SA		636,564		2,988,959
	Banco do Brasil SA		396,250		3,404,963
	Banco Santander Brasil SA		145,083		781,583
	BB Seguridade Participacoes SA		353,143		2,429,194
	Braskem SA, ADR, Class A		57,171		449,364
	Caixa Seguridade Participacoes SA		427,595		810,989
	CCR SA		1,847,648		5,026,782
	Centrais Eletricas Brasileiras SA		372,941		2,530,986
*	Cia de Saneamento Basico do Estado de Sao Paulo SABESP		163,344		1,510,698
# *	Cia de Saneamento Basico do Estado de Sao Paulo SABESP, ADR		10,265		94,951
	Cia Energetica de Minas Gerais		215,832		874,094
	Cia Paranaense de Energia		140,700		200,565
	Cia Paranaense de Energia, Sponsored ADR		17,400		134,676
	Cia Paranaense de Energia		39,800		311,678
	Cia Siderurgica Nacional SA, Sponsored ADR		545,056		1,553,410
	Cia Siderurgica Nacional SA		517,465		1,474,233
	Cosan SA		949,753		2,852,420
	CPFL Energia SA		123,300		819,231
	Energisa SA		228,135		1,911,874
*	Eneva SA		432,281		983,678
	Engie Brasil Energia SA		108,476		896,681
	Equatorial Energia SA		736,688		4,038,063
	Gerdau SA, Sponsored ADR		950,988		4,745,431
* W	Hapvida Participacoes e Investimentos SA		3,027,601		1,675,324
	Hypera SA		258,691		1,931,962
	Itau Unibanco Holding SA		217,203		961,950
	JBS SA		1,100,808		3,950,532
	Klabin SA		1,174,814		4,505,833
	Localiza Rent a Car SA		231,240		2,689,409
	Lojas Renner SA		659,267		2,093,666
*	Magazine Luiza SA		1,501,902		1,005,724
	Natura & Co. Holding SA		928,510		2,058,888
	Neoenergia SA		121,000		374,804
*	Petro Rio SA		582,205		4,056,222
	Petroleo Brasileiro SA, Sponsored ADR		511,889		4,857,827
	Petroleo Brasileiro SA, Sponsored ADR		227,883		2,420,117
	Petroleo Brasileiro SA		2,733,556		14,616,452
	Porto Seguro SA		177,474		894,166
	Raia Drogasil SA		443,885		2,338,766
W	Rede D’Or Sao Luiz SA		83,300		381,946
	Rumo SA		606,506		2,395,479
#	Sendas Distribuidora SA, ADR		19,967		244,995
	Sendas Distribuidora SA		848,688		2,091,178
	Suzano SA		799,410		6,378,868
	Suzano SA, Sponsored ADR		5,490		43,755
	Telefonica Brasil SA		217,562		1,793,606
	TIM SA		1,060,180		2,975,765
	TOTVS SA		323,491		1,664,216
	Ultrapar Participacoes SA		653,263		1,891,238
	Vale SA, Sponsored ADR		332,417		4,790,122
	Vale SA		2,364,713		34,324,790

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
	Vibra Energia SA		1,182,031	$	3,128,195
	WEG SA		630,066		5,194,337
TOTAL BRAZIL					171,386,070
CHILE — (0.5%)
	Banco de Chile, ADR		105,420		2,234,910
	Banco de Credito e Inversiones SA		44,205		1,333,406
	Banco Itau Chile SA		31,276,064		70,514
	Banco Santander Chile, ADR		78,503		1,503,332
	Banco Santander Chile		557,071		26,637
	Cencosud SA		1,442,234		2,938,959
	Cencosud Shopping SA		353,676		560,799
	Cia Cervecerias Unidas SA		48,018		391,996
	Cia Cervecerias Unidas SA, Sponsored ADR		22,534		362,121
	Cia Sud Americana de Vapores SA		15,171,698		1,550,342
	Embotelladora Andina SA, ADR, Class B		13,701		207,159
	Empresas CMPC SA		935,741		1,466,352
	Empresas COPEC SA		227,255		1,581,284
	Enel Americas SA		4,534,643		617,914
	Enel Chile SA		10,134,521		577,501
	Falabella SA		383,832		823,057
	Plaza SA		196,340		251,734
#	Sociedad Quimica y Minera de Chile SA, Sponsored ADR		89,320		6,027,314
TOTAL CHILE					22,525,331
CHINA — (27.4%)
	360 Security Technology, Inc., Class A		266,700		616,279
	37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		189,863		843,023
	ADAMA Ltd., Class A		84,400		104,278
	Addsino Co. Ltd., Class A		92,500		135,619
	AECC Aero-Engine Control Co. Ltd., Class A		68,057		234,603
	AECC Aviation Power Co. Ltd., Class A		79,700		504,761
	Agricultural Bank of China Ltd., Class H		14,534,000		5,619,315
	Aier Eye Hospital Group Co. Ltd., Class A		293,917		1,251,273
*	Air China Ltd., Class H		630,000		557,661
*	Alibaba Group Holding Ltd., Sponsored ADR		835,875		70,790,254
*	Alibaba Group Holding Ltd.		1,736,600		18,362,153
*	Alibaba Health Information Technology Ltd.		2,566,000		1,849,596
	Aluminum Corp. of China Ltd., Class H		7,864,000		4,671,692
*	Amlogic Shanghai Co. Ltd., Class A		30,504		369,214
	Angel Yeast Co. Ltd., Class A		58,500		338,346
	Anhui Anke Biotechnology Group Co. Ltd., Class A		18,000		28,727
	Anhui Conch Cement Co. Ltd., Class H		1,303,000		4,114,246
	Anhui Guangxin Agrochemical Co. Ltd., Class A		70,220		296,350
	Anhui Gujing Distillery Co. Ltd., Class A		11,716		463,257
	Anhui Honglu Steel Construction Group Co. Ltd., Class A		68,664		319,673
	Anhui Jinhe Industrial Co. Ltd., Class A		65,100		242,792
	Anhui Kouzi Distillery Co. Ltd., Class A		33,300		289,757
	Anhui Yingjia Distillery Co. Ltd., Class A		38,000		351,752
	Anhui Zhongding Sealing Parts Co. Ltd., Class A		106,800		180,358
	Anjoy Foods Group Co. Ltd., Class A		14,400		353,968
	Anker Innovations Technology Co. Ltd., Class A		19,400		205,521
	ANTA Sports Products Ltd.		612,400		7,609,818
	Apeloa Pharmaceutical Co. Ltd., Class A		136,420		407,462
*	Asia - Potash International Investment Guangzhou Co. Ltd., Class A		86,674		305,681
	Asymchem Laboratories Tianjin Co. Ltd., Class A		24,170		442,064
	Avary Holding Shenzhen Co. Ltd., Class A		123,976		468,566
	AVIC Industry-Finance Holdings Co. Ltd., Class A		327,700		181,008

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	AVICOPTER PLC, Class A		22,704	$	139,564
*	Baidu, Inc., Sponsored ADR		9,503		1,146,157
*	Baidu, Inc., Class A		1,330,750		20,030,316
	Bank of Beijing Co. Ltd., Class A		697,408		477,641
	Bank of Changsha Co. Ltd., Class A		401,784		475,498
	Bank of Chengdu Co. Ltd., Class A		190,950		379,575
	Bank of China Ltd., Class H		43,912,181		17,536,678
	Bank of Communications Co. Ltd., Class H		4,449,515		2,873,942
	Bank of Guiyang Co. Ltd., Class A		486,023		396,847
	Bank of Hangzhou Co. Ltd., Class A		242,404		439,969
	Bank of Jiangsu Co. Ltd., Class A		657,870		733,140
	Bank of Nanjing Co. Ltd., Class A		454,780		618,785
	Bank of Ningbo Co. Ltd., Class A		275,742		1,091,885
	Bank of Shanghai Co. Ltd., Class A		458,383		415,866
	Bank of Suzhou Co. Ltd., Class A		415,260		451,117
	Baoshan Iron & Steel Co. Ltd., Class A		745,700		694,269
*	BeiGene Ltd.		202,000		3,964,042
	Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A		24,020		151,434
	Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A		818,160		354,854
*	Beijing Compass Technology Development Co. Ltd., Class A		27,300		196,648
*	Beijing Dabeinong Technology Group Co. Ltd., Class A		202,052		206,470
	Beijing Easpring Material Technology Co. Ltd., Class A		31,300		242,669
	Beijing Enlight Media Co. Ltd., Class A		153,706		227,116
	Beijing GeoEnviron Engineering & Technology, Inc., Class A		88,140		125,768
	Beijing Huafeng Test & Control Technology Co. Ltd., Class A		6,116		235,894
	Beijing Jingyuntong Technology Co. Ltd., Class A		189,100		172,190
	Beijing Kingsoft Office Software, Inc., Class A		7,538		480,252
	Beijing New Building Materials PLC, Class A		144,903		555,036
	Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A		132,362		567,467
	Beijing Originwater Technology Co. Ltd., Class A		424,847		335,744
	Beijing Shiji Information Technology Co. Ltd., Class A		53,560		148,376
	Beijing Shougang Co. Ltd., Class A		441,600		236,068
	Beijing Shunxin Agriculture Co. Ltd., Class A		48,400		242,169
	Beijing Sinnet Technology Co. Ltd., Class A		116,888		208,211
	Beijing Tiantan Biological Products Corp. Ltd., Class A		77,216		299,358
	Beijing Tongrentang Co. Ltd., Class A		36,400		305,956
	Beijing United Information Technology Co. Ltd., Class A		20,155		175,161
	Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		23,700		359,476
	Beijing Yanjing Brewery Co. Ltd., Class A		184,800		349,612
	Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A		17,400		178,143
	Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A		82,575		141,762
	Beijing-Shanghai High Speed Railway Co. Ltd., Class A		1,062,900		834,124
	Bethel Automotive Safety Systems Co. Ltd., Class A		13,800		127,963
	Betta Pharmaceuticals Co. Ltd., Class A		24,206		238,330
	BGI Genomics Co. Ltd., Class A		34,100		305,922
	Biem.L.Fdlkk Garment Co. Ltd., Class A		6,700		34,885
*	Bilibili, Inc., Class Z		108,980		2,216,996
	Bloomage Biotechnology Corp. Ltd., Class A		6,559		94,291
	BOC International China Co. Ltd., Class A		150,900		234,406
	BOE Technology Group Co. Ltd., Class A		1,654,300		961,340
	Bosideng International Holdings Ltd.		3,360,000		1,657,076
	BTG Hotels Group Co. Ltd., Class A		92,300		288,879
	BYD Co. Ltd., Class H		403,886		12,248,344
	BYD Electronic International Co. Ltd.		965,000		2,926,591
	By-health Co. Ltd., Class A		124,793		430,249
	Caitong Securities Co. Ltd., Class A		338,190		379,512
	Canmax Technologies Co. Ltd., Class A		31,900		224,466
	CECEP Solar Energy Co. Ltd., Class A		327,700		329,843
	CECEP Wind-Power Corp., Class A		495,560		273,676

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Centre Testing International Group Co. Ltd., Class A		27,300	$	75,992
	CETC Cyberspace Security Technology Co. Ltd., Class A		33,300		156,530
W	CGN Power Co. Ltd., Class H		4,899,000		1,293,643
	Changchun High & New Technology Industry Group, Inc., Class A		20,900		492,487
	Changjiang Securities Co. Ltd., Class A		435,670		357,163
	Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A		9,700		153,595
	Chaozhou Three-Circle Group Co. Ltd., Class A		121,305		530,625
	Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A		15,800		42,242
	Chengtun Mining Group Co. Ltd., Class A		308,000		233,681
	Chengxin Lithium Group Co. Ltd., Class A		75,029		344,776
	China Automotive Engineering Research Institute Co. Ltd., Class A		72,700		234,172
	China Baoan Group Co. Ltd., Class A		146,334		225,811
	China Cinda Asset Management Co. Ltd., Class H		7,009,000		833,724
	China CITIC Bank Corp. Ltd., Class H		8,861,928		4,793,992
	China Coal Energy Co. Ltd., Class H		3,825,777		3,287,147
	China Construction Bank Corp., Class H		59,766,590		39,955,518
	China CSSC Holdings Ltd., Class A		82,717		310,287
*	China Eastern Airlines Corp. Ltd., Class H		972,000		382,175
	China Energy Engineering Corp. Ltd., Class A		2,502,824		980,303
	China Energy Engineering Corp. Ltd., Class H		1,632,000		246,081
	China Everbright Bank Co. Ltd., Class H		3,836,000		1,228,518
W	China Feihe Ltd.		3,553,000		2,399,299
	China Galaxy Securities Co. Ltd., Class H		5,155,500		2,800,212
	China Gas Holdings Ltd.		3,652,000		4,698,188
	China Great Wall Securities Co. Ltd., Class A		196,900		248,684
	China Greatwall Technology Group Co. Ltd., Class A		182,800		306,521
	China Green Electricity Investment of Tianjin Co. Ltd., Class A		101,800		171,658
	China Hongqiao Group Ltd.		4,665,000		4,594,914
W	China International Capital Corp. Ltd., Class H		1,524,800		3,204,004
	China International Marine Containers Group Co. Ltd., Class H		999,330		645,799
	China Jushi Co. Ltd., Class A		477,798		1,007,359
	China Kings Resources Group Co. Ltd., Class A		32,040		165,750
	China Life Insurance Co. Ltd., Class H		2,475,000		4,754,859
	China Longyuan Power Group Corp. Ltd., Class H		1,404,000		1,473,449
	China Meheco Co. Ltd., Class A		69,411		142,776
	China Mengniu Dairy Co. Ltd.		1,894,000		7,645,264
	China Merchants Bank Co. Ltd., Class H		2,884,554		13,924,096
	China Merchants Energy Shipping Co. Ltd., Class A		607,440		582,504
	China Merchants Port Holdings Co. Ltd.		394,271		585,028
	China Merchants Property Operation & Service Co. Ltd., Class A		64,100		143,747
W	China Merchants Securities Co. Ltd., Class H		486,460		493,799
	China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		325,873		642,836
	China Minsheng Banking Corp. Ltd., Class H		4,818,600		1,770,088
	China National Building Material Co. Ltd., Class H		9,142,000		6,859,332
	China National Chemical Engineering Co. Ltd., Class A		249,000		381,362
	China National Nuclear Power Co. Ltd., Class A		1,023,390		1,021,181
	China Northern Rare Earth Group High-Tech Co. Ltd., Class A		144,800		527,425
	China Oilfield Services Ltd., Class H		1,960,000		2,305,399
	China Overseas Land & Investment Ltd.		4,285,000		10,867,371
	China Pacific Insurance Group Co. Ltd., Class H		2,487,400		7,429,944
	China Petroleum & Chemical Corp., Class H		15,068,800		9,876,319
	China Power International Development Ltd.		740,000		280,903
	China Railway Group Ltd., Class H		3,976,000		3,056,903
W	China Railway Signal & Communication Corp. Ltd., Class H		1,920,000		901,666
*	China Rare Earth Resources & Technology Co. Ltd., Class A		36,891		180,427
	China Resources Beer Holdings Co. Ltd.		859,611		6,640,302
	China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A		32,400		177,769
	China Resources Double Crane Pharmaceutical Co. Ltd., Class A		99,800		299,702
	China Resources Gas Group Ltd.		1,798,000		5,675,093

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	China Resources Land Ltd.		3,890,666	$	18,117,879
	China Resources Microelectronics Ltd., Class A		28,998		240,312
W	China Resources Mixc Lifestyle Services Ltd.		380,200		2,015,669
	China Resources Power Holdings Co. Ltd.		1,598,517		3,480,335
	China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		68,058		579,842
	China Shenhua Energy Co. Ltd., Class H		2,649,500		8,800,439
	China South Publishing & Media Group Co. Ltd., Class A		99,400		198,805
*	China Southern Airlines Co. Ltd., Class H		946,000		662,618
	China Southern Power Grid Energy Efficiency & Clean Energy Co. Ltd.,Class A		95,700		94,327
	China State Construction Engineering Corp. Ltd., Class A		1,756,100		1,668,063
	China Tourism Group Duty Free Corp. Ltd., Class A		54,300		1,266,864
W	China Tower Corp. Ltd., Class H		67,974,000		8,675,064
*	China TransInfo Technology Co. Ltd., Class A		88,800		186,672
	China Vanke Co. Ltd., Class H		2,072,220		3,239,489
	China World Trade Center Co. Ltd., Class A		19,900		53,323
	China Yangtze Power Co. Ltd., Class A		748,847		2,367,482
	China Zhenhua Group Science & Technology Co. Ltd., Class A		24,500		318,350
# *	China Zheshang Bank Co. Ltd., Class H		265,000		94,961
	Chinese Universe Publishing & Media Group Co. Ltd., Class A		10,400		26,840
	Chongqing Brewery Co. Ltd., Class A		21,500		324,102
	Chongqing Changan Automobile Co. Ltd., Class A		260,130		448,700
	Chongqing Fuling Zhacai Group Co. Ltd., Class A		47,200		175,862
	Chongqing Rural Commercial Bank Co. Ltd., Class H		2,634,000		1,018,117
	Chongqing Zhifei Biological Products Co. Ltd., Class A		83,314		980,719
	CITIC Ltd.		4,725,000		5,931,248
	CITIC Securities Co. Ltd., Class H		1,996,800		4,204,463
	CMOC Group Ltd., Class H		3,375,966		2,069,542
	CNGR Advanced Material Co. Ltd., Class A		25,000		223,893
	CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A		209,235		190,870
	CNOOC Energy Technology & Services Ltd., Class A		597,700		319,264
	CNSIG Inner Mongolia Chemical Industry Co. Ltd.		145,700		295,331
	Contemporary Amperex Technology Co. Ltd., Class A		146,736		4,910,166
*	COSCO SHIPPING Energy Transportation Co. Ltd., Class H		940,000		966,299
	COSCO SHIPPING Holdings Co. Ltd., Class H		4,410,299		5,122,646
#	Country Garden Holdings Co. Ltd.		5,569,067		1,434,590
	Country Garden Services Holdings Co. Ltd.		893,492		1,404,168
	CRRC Corp. Ltd., Class H		959,000		620,571
W	CSC Financial Co. Ltd., Class H		595,000		605,714
	CSG Holding Co. Ltd., Class A		313,839		298,243
	CSPC Pharmaceutical Group Ltd.		12,323,200		12,548,670
	Daan Gene Co. Ltd., Class A		180,804		407,009
# W	Dali Foods Group Co. Ltd.		4,344,000		1,807,778
	Daqin Railway Co. Ltd., Class A		883,060		982,318
	DaShenLin Pharmaceutical Group Co. Ltd., Class A		78,510		390,698
*	Datang International Power Generation Co. Ltd., Class H		1,784,000		334,556
*	Deppon Logistics Co. Ltd., Class A		78,900		191,375
	DHC Software Co. Ltd., Class A		290,300		326,515
	Dian Diagnostics Group Co. Ltd., Class A		67,701		265,026
	Do-Fluoride Chemicals Co. Ltd., Class A		115,792		340,357
	Dong-E-E-Jiao Co. Ltd., Class A		42,611		316,900
	Dongfang Electric Corp. Ltd., Class H		305,200		432,461
	Dongxing Securities Co. Ltd., Class A		323,718		390,005
	East Group Co. Ltd., Class A		152,100		192,983
	East Money Information Co. Ltd., Class A		544,473		1,268,836
	Ecovacs Robotics Co. Ltd., Class A		28,300		284,810
	ENN Energy Holdings Ltd.		480,500		6,588,426
	ENN Natural Gas Co. Ltd., Class A		245,000		719,116
	Eve Energy Co. Ltd., Class A		38,105		361,494

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
# W	Everbright Securities Co. Ltd., Class H		412,600	$	306,025
*	Fangda Carbon New Material Co. Ltd., Class A		374,324		349,155
	FAW Jiefang Group Co. Ltd.		112,300		132,164
	Fiberhome Telecommunication Technologies Co. Ltd., Class A		49,300		145,804
	Financial Street Holdings Co. Ltd., Class A		180,200		131,232
	First Capital Securities Co. Ltd., Class A		320,000		274,010
	Flat Glass Group Co. Ltd., Class H		406,000		1,141,389
	Focus Media Information Technology Co. Ltd., Class A		727,597		677,584
	Foshan Haitian Flavouring & Food Co. Ltd., Class A		158,223		1,615,974
	Fosun International Ltd.		3,010,722		2,111,491
	Founder Securities Co. Ltd., Class A		411,200		416,316
	Foxconn Industrial Internet Co. Ltd., Class A		389,600		907,618
	Fujian Funeng Co. Ltd., Class A		116,900		198,678
	Fujian Sunner Development Co. Ltd., Class A		77,263		238,771
*	Fulin Precision Co. Ltd., Class A		83,463		122,946
W	Fuyao Glass Industry Group Co. Ltd., Class H		754,800		3,070,738
W	Ganfeng Lithium Group Co. Ltd., Class H		251,999		1,662,628
	Gaona Aero Material Co. Ltd., Class A		17,800		97,988
	G-bits Network Technology Xiamen Co. Ltd., Class A		3,000		227,017
	GCL Energy Technology Co. Ltd.		130,300		267,930
*	GCL System Integration Technology Co. Ltd., Class A		241,200		106,646
*	GCL Technology Holdings Ltd.		20,189,000		5,069,275
*	GD Power Development Co. Ltd., Class A		524,300		292,517
	Geely Automobile Holdings Ltd.		6,885,000		8,547,339
	GEM Co. Ltd., Class A		209,276		212,633
	Gemdale Corp., Class A		343,800		405,641
	GF Securities Co. Ltd., Class H		1,027,600		1,475,681
	Giant Network Group Co. Ltd., Class A		85,600		196,145
	GigaDevice Semiconductor, Inc., Class A		25,674		403,537
*	Ginlong Technologies Co. Ltd., Class A		18,825		310,164
	Glarun Technology Co. Ltd., Class A		69,600		162,233
	GoerTek, Inc., Class A		238,700		612,801
	Goke Microelectronics Co. Ltd., Class A		9,100		134,074
	Gongniu Group Co. Ltd., Class A		4,200		89,974
	GoodWe Technologies Co. Ltd., Class A		3,252		122,378
	Gotion High-tech Co. Ltd., Class A		73,700		293,299
#	Great Wall Motor Co. Ltd., Class H		1,506,500		1,828,253
	Gree Electric Appliances, Inc. of Zhuhai, Class A		160,333		911,296
	Gree Real Estate Co. Ltd., Class A		84,081		97,802
	GRG Banking Equipment Co. Ltd., Class A		142,000		242,892
	Guangdong Haid Group Co. Ltd., Class A		55,800		442,665
	Guangdong HEC Technology Holding Co. Ltd., Class A		204,200		229,424
	Guangdong Hongda Holdings Group Co. Ltd., Class A		61,700		266,560
	Guangdong Investment Ltd.		2,600,000		2,485,539
	Guangdong Kinlong Hardware Products Co. Ltd., Class A		13,200		133,223
	Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A		21,500		68,993
	Guanghui Energy Co. Ltd., Class A		572,400		770,414
	Guangxi Guiguan Electric Power Co. Ltd., Class A		34,400		27,544
	Guangzhou Automobile Group Co. Ltd., Class H		2,485,162		1,551,031
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		218,000		716,156
	Guangzhou Great Power Energy & Technology Co. Ltd., Class A		18,900		142,420
	Guangzhou Haige Communications Group, Inc. Co., Class A		222,052		316,275
	Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		30,301		358,438
	Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		34,000		324,278
	Guangzhou Tinci Materials Technology Co. Ltd., Class A		74,340		459,264
	Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A		261,404		260,443
	Guangzhou Zhujiang Brewery Co. Ltd., Class A		26,000		35,201
	Guizhou Panjiang Refined Coal Co. Ltd., Class A		246,900		242,204
*	Guocheng Mining Co. Ltd., Class A		44,900		117,038

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Guosen Securities Co. Ltd., Class A		186,700	$	253,967
W	Guotai Junan Securities Co. Ltd., Class H		369,800		476,495
	Guoyuan Securities Co. Ltd., Class A		308,740		312,571
*	H World Group Ltd., ADR		86,463		4,055,115
*	H World Group Ltd.		5,500		25,727
	Haier Smart Home Co. Ltd., Class A		258,200		885,729
	Haier Smart Home Co. Ltd., Class H		2,670,800		8,705,687
	Haisco Pharmaceutical Group Co. Ltd., Class A		26,300		100,056
	Haitong Securities Co. Ltd., Class H		2,434,800		1,617,209
*	Hang Zhou Great Star Industrial Co. Ltd., Class A		73,900		202,721
	Hangjin Technology Co. Ltd., Class A		47,700		278,491
	Hangzhou Binjiang Real Estate Group Co. Ltd., Class A		235,800		313,932
	Hangzhou Chang Chuan Technology Co. Ltd., Class A		22,394		156,034
	Hangzhou First Applied Material Co. Ltd., Class A		45,311		321,921
	Hangzhou Lion Electronics Co. Ltd., Class A		42,968		286,930
	Hangzhou Oxygen Plant Group Co. Ltd., Class A		54,900		319,069
	Hangzhou Robam Appliances Co. Ltd., Class A		80,121		301,798
	Hangzhou Silan Microelectronics Co. Ltd., Class A		70,122		334,170
	Hangzhou Tigermed Consulting Co. Ltd., Class A		12,100		159,236
W	Hangzhou Tigermed Consulting Co. Ltd., Class H		95,600		796,367
	Han’s Laser Technology Industry Group Co. Ltd., Class A		110,517		417,693
W	Hansoh Pharmaceutical Group Co. Ltd.		866,000		1,579,846
	Haohua Chemical Science & Technology Co. Ltd., Class A		15,000		84,419
	Hebei Hengshui Laobaigan Liquor Co. Ltd., Class A		43,600		203,336
	Hefei Meiya Optoelectronic Technology, Inc., Class A		84,295		330,777
	Heilongjiang Agriculture Co. Ltd., Class A		174,805		343,000
	Henan Shenhuo Coal & Power Co. Ltd., Class A		211,900		499,448
	Henan Shuanghui Investment & Development Co. Ltd., Class A		195,129		703,394
	Hengan International Group Co. Ltd.		1,126,500		5,031,465
	Hengdian Group DMEGC Magnetics Co. Ltd., Class A		119,121		327,266
	Hengli Petrochemical Co. Ltd., Class A		403,700		922,513
	Hengtong Optic-electric Co. Ltd., Class A		125,000		263,356
	Hengyi Petrochemical Co. Ltd., Class A		294,988		326,846
	Hesteel Co. Ltd., Class A		1,383,853		461,892
	Hithink RoyalFlush Information Network Co. Ltd., Class A		25,781		665,066
	Hongfa Technology Co. Ltd., Class A		60,890		275,377
	Hongta Securities Co. Ltd., Class A		96,320		115,053
	Hoyuan Green Energy Co. Ltd., Class A		35,380		455,920
	Huadian Power International Corp. Ltd., Class H		344,000		166,829
	Huadong Medicine Co. Ltd., Class A		70,000		419,294
	Huafon Chemical Co. Ltd., Class A		485,983		505,832
	Huagong Tech Co. Ltd., Class A		30,400		146,650
	Huaibei Mining Holdings Co. Ltd., Class A		247,300		486,089
	Hualan Biological Engineering, Inc., Class A		139,800		470,760
*	Huaneng Power International, Inc., Class H		1,862,000		1,160,351
W	Huatai Securities Co. Ltd., Class H		1,361,000		1,757,893
	Huaxi Securities Co. Ltd., Class A		293,600		375,300
	Huaxia Bank Co. Ltd., Class A		644,456		536,514
	Huayu Automotive Systems Co. Ltd., Class A		182,000		431,136
	Hubei Biocause Pharmaceutical Co. Ltd., Class A		297,745		148,139
	Hubei Dinglong Co. Ltd., Class A		44,900		172,230
	Hubei Energy Group Co. Ltd., Class A		232,983		143,659
	Hubei Feilihua Quartz Glass Co. Ltd., Class A		18,500		127,755
	Hubei Jumpcan Pharmaceutical Co. Ltd., Class A		101,848		464,399
	Hubei Xingfa Chemicals Group Co. Ltd., Class A		139,600		499,355
	Huizhou Desay Sv Automotive Co. Ltd., Class A		16,600		248,254
	Humanwell Healthcare Group Co. Ltd., Class A		141,200		550,843
	Hunan Gold Corp. Ltd., Class A		99,000		214,679
	Hunan Valin Steel Co. Ltd., Class A		933,000		712,090

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Hundsun Technologies, Inc., Class A		41,729	$	298,418
	Iflytek Co. Ltd., Class A		70,100		614,228
	IKD Co. Ltd., Class A		20,000		55,371
	Imeik Technology Development Co. Ltd., Class A		3,800		298,863
	Industrial & Commercial Bank of China Ltd., Class H		30,774,185		16,556,634
	Industrial Bank Co. Ltd., Class A		643,039		1,601,806
	Industrial Securities Co. Ltd., Class A		652,548		634,328
	Infore Environment Technology Group Co. Ltd., Class A		82,224		62,972
	Ingenic Semiconductor Co. Ltd., Class A		18,000		230,296
	Inner Mongolia BaoTou Steel Union Co. Ltd., Class A		1,386,020		364,895
	Inner Mongolia Dian Tou Energy Corp. Ltd., Class A		299,500		583,492
	Inner Mongolia ERDOS Resources Co. Ltd., Class A		145,040		303,128
	Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		810,103		508,336
	Inner Mongolia Yili Industrial Group Co. Ltd., Class A		318,000		1,357,906
	Inner Mongolia Yuan Xing Energy Co. Ltd., Class A		392,700		416,991
* W	Innovent Biologics, Inc.		434,500		2,089,106
	Inspur Electronic Information Industry Co. Ltd., Class A		77,684		462,250
	Intco Medical Technology Co. Ltd., Class A		80,942		256,036
	JA Solar Technology Co. Ltd., Class A		105,004		612,643
	Jafron Biomedical Co. Ltd., Class A		64,465		268,198
	Jason Furniture Hangzhou Co. Ltd., Class A		67,080		359,607
	JCET Group Co. Ltd., Class A		185,200		738,922
* W	JD Health International, Inc.		332,200		2,397,196
	JD.com, Inc., ADR		124,763		4,456,534
	JD.com, Inc., Class A		501,921		8,958,206
	Jiangsu Azure Corp., Class A		75,000		120,705
	Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A		310,469		350,619
	Jiangsu Eastern Shenghong Co. Ltd., Class A		185,340		339,550
	Jiangsu Expressway Co. Ltd., Class H		1,020,000		1,033,218
*	Jiangsu Guoxin Corp. Ltd., Class A		88,700		82,221
	Jiangsu Hengli Hydraulic Co. Ltd., Class A		58,186		517,972
	Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		159,955		1,125,294
*	Jiangsu Hoperun Software Co. Ltd., Class A		32,500		109,905
	Jiangsu King’s Luck Brewery JSC Ltd., Class A		56,412		487,915
*	Jiangsu Lihua Animal Husbandry Stock Co. Ltd., Class A		29,053		161,465
	Jiangsu Linyang Energy Co. Ltd., Class A		178,367		202,524
	Jiangsu Nata Opto-electronic Material Co. Ltd., Class A		26,990		138,719
	Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A		45,100		185,218
	Jiangsu Pacific Quartz Co. Ltd., Class A		4,268		73,215
	Jiangsu Provincial Agricultural Reclamation & Development Corp.		157,000		272,340
	Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		56,690		1,225,669
	Jiangsu Yangnong Chemical Co. Ltd., Class A		29,505		392,613
	Jiangsu Yoke Technology Co. Ltd., Class A		18,462		180,614
	Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		84,400		384,953
	Jiangsu Zhongtian Technology Co. Ltd., Class A		154,000		325,323
	Jiangxi Copper Co. Ltd., Class H		1,321,000		2,349,984
	Jilin Aodong Pharmaceutical Group Co. Ltd., Class A		67,500		165,715
*	Jilin Electric Power Co. Ltd., Class A		127,000		99,999
	Jingjin Equipment, Inc., Class A		50,780		212,254
	JiuGui Liquor Co. Ltd., Class A		11,500		185,854
	Jizhong Energy Resources Co. Ltd., Class A		453,000		484,853
	JL Mag Rare-Earth Co. Ltd., Class A		46,600		187,873
	Joincare Pharmaceutical Group Industry Co. Ltd., Class A		194,455		363,947
	Joinn Laboratories China Co. Ltd., Class A		19,496		139,641
	Jointown Pharmaceutical Group Co. Ltd., Class A		197,667		473,175
	Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A		28,800		153,103
	Juewei Food Co. Ltd., Class A		18,944		109,053
*	Juneyao Airlines Co. Ltd., Class A		70,540		182,902

THE EMERGING MARKETS SERIES

CONTINUED

	��		Shares		Value»
CHINA — (Continued)
*		Kaishan Group Co. Ltd., Class A		65,100	$	156,677
		KBC Corp. Ltd., Class A		6,057		153,978
		Keboda Technology Co. Ltd., Class A		5,900		45,746
		Kehua Data Co. Ltd., Class A		34,200		207,605
		KingClean Electric Co. Ltd., Class A		17,100		66,886
		Kingsoft Corp. Ltd.		541,000		2,378,086
		Konfoong Materials International Co. Ltd., Class A		9,500		101,050
		Kuang-Chi Technologies Co. Ltd., Class A		51,300		130,266
		Kunlun Energy Co. Ltd.		6,412,000		5,943,971
		Kunlun Tech Co. Ltd., Class A		52,600		495,436
		Kweichow Moutai Co. Ltd., Class A		55,993		14,253,654
		KWG Living Group Holdings Ltd.		258,250		35,059
		Lao Feng Xiang Co. Ltd., Class A		26,700		259,737
		Laobaixing Pharmacy Chain JSC, Class A		62,190		313,300
		LB Group Co. Ltd., Class A		223,200		558,783
		Lenovo Group Ltd.		11,739,278		12,010,170
		Lens Technology Co. Ltd., Class A		316,800		534,278
		Lepu Medical Technology Beijing Co. Ltd., Class A		120,977		417,828
		Levima Advanced Materials Corp., Class A		27,200		105,470
		Leyard Optoelectronic Co. Ltd., Class A		105,400		96,501
# *		Li Auto, Inc., ADR		128,166		3,011,901
# *		Li Auto, Inc., Class A		135,900		1,609,579
		Li Ning Co. Ltd.		1,311,000		9,375,769
*		Lingyi iTech Guangdong Co., Class A		556,018		476,916
		Lizhong Sitong Light Alloys Group Co. Ltd., Class A		40,800		136,489
W		Longfor Group Holdings Ltd.		2,916,000		7,979,629
		LONGi Green Energy Technology Co. Ltd., Class A		335,888		1,696,709
		Longshine Technology Group Co. Ltd., Class A		89,002		308,505
		Luxi Chemical Group Co. Ltd., Class A		305,700		529,776
		Luxshare Precision Industry Co. Ltd., Class A		308,224		1,165,705
		Luzhou Laojiao Co. Ltd., Class A		66,129		2,160,845
		Mango Excellent Media Co. Ltd., Class A		135,592		703,450
		Maxscend Microelectronics Co. Ltd., Class A		13,700		201,355
*		Meinian Onehealth Healthcare Holdings Co. Ltd., Class A		287,557		291,320
* W		Meituan, Class B		1,414,140		24,168,287
		Metallurgical Corp. of China Ltd., Class H		4,641,000		1,416,065
		Midea Group Co. Ltd., Class A		479,784		3,937,956
		Milkyway Chemical Supply Chain Service Co. Ltd., Class A		13,700		183,019
		Ming Yang Smart Energy Group Ltd., Class A		138,104		413,069
		Montage Technology Co. Ltd., Class A		27,314		240,769
		Muyuan Foods Co. Ltd., Class A		134,987		933,464
		Nanjing Iron & Steel Co. Ltd., Class A		670,400		355,621
		Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A		99,146		207,817
		Nanjing Yunhai Special Metals Co. Ltd., Class A		60,200		201,578
		Nantong Jianghai Capacitor Co. Ltd., Class A		48,864		141,742
		NARI Technology Co. Ltd., Class A		191,352		723,312
		NAURA Technology Group Co. Ltd., Class A		11,700		566,846
		NavInfo Co. Ltd., Class A		105,850		181,248
		NetEase, Inc., ADR		193,704		17,264,838
		NetEase, Inc.		159,100		2,832,362
		New China Life Insurance Co. Ltd., Class H		1,010,500		2,893,614
*		New Hope Liuhe Co. Ltd., Class A		198,866		373,728
		Ninestar Corp., Class A		74,951		428,868
		Ningbo Haitian Precision Machinery Co. Ltd., Class A		22,600		106,238
*		Ningbo Joyson Electronic Corp., Class A		126,400		281,797
		Ningbo Orient Wires & Cables Co. Ltd., Class A		31,142		211,170
		Ningbo Ronbay New Energy Technology Co. Ltd., Class A		29,452		283,806
		Ningbo Sanxing Medical Electric Co. Ltd., Class A		108,100		215,764
		Ningbo Tuopu Group Co. Ltd., Class A		43,648		320,150

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Ningbo Xusheng Group Co. Ltd., Class A		36,400	$	122,414
	Ningbo Zhoushan Port Co. Ltd., Class A		224,800		123,114
	Ningxia Baofeng Energy Group Co. Ltd., Class A		320,300		610,774
# *	NIO, Inc., ADR		368,459		2,899,772
# *	NIO, Inc., Class A		260,320		2,055,289
	North Industries Group Red Arrow Co. Ltd., Class A		63,400		166,723
*	Offcn Education Technology Co. Ltd., Class A		80,212		57,006
	Offshore Oil Engineering Co. Ltd., Class A		310,100		302,064
	Oppein Home Group, Inc., Class A		25,795		429,651
	Orient Overseas International Ltd.		204,500		4,154,866
W	Orient Securities Co. Ltd., Class H		1,012,800		604,628
	Ovctek China, Inc., Class A		28,452		133,139
	Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A		12,800		43,476
*	Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A		470,200		285,627
*	PDD Holdings, Inc., ADR		122,979		8,381,019
*	Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A		600,300		206,461
	People.cn Co. Ltd., Class A		36,600		108,896
	People’s Insurance Co. Group of China Ltd. , Class H		7,590,000		2,985,148
	Perfect World Co. Ltd., Class A		141,585		449,235
	PetroChina Co. Ltd., Class H		15,548,000		10,800,176
W	Pharmaron Beijing Co. Ltd., Class H		172,950		749,810
	PICC Property & Casualty Co. Ltd., Class H		7,201,198		8,709,550
	Ping An Bank Co. Ltd., Class A		722,500		1,311,882
	Ping An Insurance Group Co. of China Ltd., Class H		3,936,000		28,715,169
	Pingdingshan Tianan Coal Mining Co. Ltd., Class A		360,800		502,230
	Poly Developments & Holdings Group Co. Ltd., Class A		448,683		902,120
# W	Postal Savings Bank of China Co. Ltd., Class H		4,462,000		2,909,189
	Power Construction Corp. of China Ltd., Class A		583,011		648,494
	Proya Cosmetics Co. Ltd., Class A		21,980		533,519
	Qianhe Condiment & Food Co. Ltd., Class A		34,260		117,786
	Qingdao Haier Biomedical Co. Ltd., Class A		8,024		80,028
W	Qingdao Port International Co. Ltd., Class H		69,000		40,399
	Qingdao Rural Commercial Bank Corp., Class A		691,706		289,842
	Qingdao Sentury Tire Co. Ltd., Class A		43,800		184,235
	Qingdao TGOOD Electric Co. Ltd., Class A		78,000		208,439
	Quectel Wireless Solutions Co. Ltd., Class A		13,090		147,923
	Raytron Technology Co. Ltd., Class A		17,317		129,597
	Red Avenue New Materials Group Co. Ltd., Class A		23,300		129,352
*	Risen Energy Co. Ltd., Class A		59,604		214,259
	Riyue Heavy Industry Co. Ltd., Class A		76,100		238,521
	Rockchip Electronics Co. Ltd., Class A		9,500		100,783
	Rongsheng Petrochemical Co. Ltd., Class A		567,694		1,084,537
*	Roshow Technology Co. Ltd., Class A		125,900		140,154
	SAIC Motor Corp. Ltd., Class A		236,045		482,194
	Sailun Group Co. Ltd., Class A		221,600		329,668
	Sanan Optoelectronics Co. Ltd., Class A		86,000		221,528
	Sangfor Technologies, Inc., Class A		11,300		194,659
	Sany Heavy Industry Co. Ltd., Class A		286,434		683,345
	Satellite Chemical Co. Ltd., Class A		345,661		709,211
	SDIC Power Holdings Co. Ltd., Class A		251,000		427,602
	Sealand Securities Co. Ltd., Class A		328,190		165,566
*	Seazen Holdings Co. Ltd., Class A		173,200		372,605
	SF Holding Co. Ltd., Class A		151,261		1,234,032
	SG Micro Corp., Class A		12,050		216,345
	Shaanxi Coal Industry Co. Ltd., Class A		694,700		1,965,999
	Shan Xi Hua Yang Group New Energy Co. Ltd., Class A		260,300		527,325
	Shandong Buchang Pharmaceuticals Co. Ltd., Class A		91,300		284,056
	Shandong Denghai Seeds Co. Ltd., Class A		35,800		87,237
W	Shandong Gold Mining Co. Ltd., Class H		450,500		960,295

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Shandong Himile Mechanical Science & Technology Co. Ltd., Class A		70,200	$	310,743
	Shandong Hi-speed Co. Ltd., Class A		59,700		62,275
	Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		139,650		643,756
	Shandong Linglong Tyre Co. Ltd., Class A		130,200		414,712
	Shandong Nanshan Aluminum Co. Ltd., Class A		910,010		446,531
	Shandong Pharmaceutical Glass Co. Ltd., Class A		39,500		140,394
	Shandong Publishing & Media Co. Ltd., Class A		43,100		72,153
	Shandong Sun Paper Industry JSC Ltd., Class A		230,150		378,736
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		2,647,600		4,517,841
	Shanghai 2345 Network Holding Group Co. Ltd., Class A		253,800		112,997
	Shanghai Bairun Investment Holding Group Co. Ltd., Class A		34,836		206,457
	Shanghai Baosight Software Co. Ltd., Class A		62,166		485,034
	Shanghai Construction Group Co. Ltd., Class A		770,676		317,434
*	Shanghai Electric Group Co. Ltd., Class H		2,990,000		808,760
*	Shanghai Electric Power Co. Ltd., Class A		119,200		180,211
	Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		350,000		1,000,510
	Shanghai Fudan Microelectronics Group Co. Ltd., Class H		135,000		408,692
*	Shanghai International Airport Co. Ltd., Class A		28,100		218,226
	Shanghai International Port Group Co. Ltd., Class A		334,000		276,644
	Shanghai Jinjiang International Hotels Co. Ltd., Class A		44,100		340,919
	Shanghai Lingang Holdings Corp. Ltd., Class A		144,260		256,458
	Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A		103,420		150,751
	Shanghai M&G Stationery, Inc., Class A		45,969		308,028
	Shanghai Moons’ Electric Co. Ltd., Class A		3,300		18,589
	Shanghai Pharmaceuticals Holding Co. Ltd., Class H		1,000,000		2,032,973
	Shanghai Pudong Development Bank Co. Ltd., Class A		882,471		969,190
	Shanghai Putailai New Energy Technology Co. Ltd., Class A		46,522		351,682
	Shanghai RAAS Blood Products Co. Ltd., Class A		400,600		379,974
	Shanghai Tunnel Engineering Co. Ltd., Class A		354,700		335,186
	Shanghai Wanye Enterprises Co. Ltd., Class A		56,200		166,544
	Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		252,259		291,684
	Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		181,800		410,860
	Shanxi Coking Coal Energy Group Co. Ltd., Class A		338,830		503,498
	Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		314,130		915,885
	Shanxi Meijin Energy Co. Ltd., Class A		464,717		531,820
	Shanxi Securities Co. Ltd., Class A		216,280		183,967
	Shanxi Taigang Stainless Steel Co. Ltd., Class A		538,600		311,399
	Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		55,507		1,994,282
	Shenghe Resources Holding Co. Ltd., Class A		151,600		302,380
	Shengyi Technology Co. Ltd., Class A		162,200		376,451
	Shennan Circuits Co. Ltd., Class A		31,982		380,431
W	Shenwan Hongyuan Group Co. Ltd., Class H		2,064,000		416,216
	Shenzhen Capchem Technology Co. Ltd., Class A		58,240		410,968
	Shenzhen Dynanonic Co. Ltd., Class A		6,440		152,556
	Shenzhen Energy Group Co. Ltd., Class A		235,019		218,039
	Shenzhen Fastprint Circuit Tech Co. Ltd., Class A		104,800		223,813
	Shenzhen Gas Corp. Ltd., Class A		150,500		150,395
	Shenzhen Inovance Technology Co. Ltd., Class A		92,000		822,121
	Shenzhen Kaifa Technology Co. Ltd., Class A		86,300		222,430
	Shenzhen Kangtai Biological Products Co. Ltd., Class A		58,040		254,430
	Shenzhen Kedali Industry Co. Ltd., Class A		17,166		340,685
	Shenzhen Kinwong Electronic Co. Ltd., Class A		62,764		209,177
	Shenzhen Kstar Science & Technology Co. Ltd., Class A		23,000		155,302
	Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		49,673		2,240,482
*	Shenzhen MTC Co. Ltd., Class A		282,100		196,185
	Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A		21,800		166,388
	Shenzhen Overseas Chinese Town Co. Ltd., Class A		626,380		453,503
	Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A		35,500		184,332
	Shenzhen SC New Energy Technology Corp., Class A		12,566		186,953

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Shenzhen SED Industry Co. Ltd., Class A		30,800	$	140,479
	Shenzhen Senior Technology Material Co. Ltd., Class A		75,301		187,764
	Shenzhen Sunlord Electronics Co. Ltd., Class A		92,900		296,196
	Shenzhen Sunway Communication Co. Ltd., Class A		27,400		76,047
	Shenzhen Transsion Holdings Co. Ltd., Class A		45,412		715,795
	Shenzhen YUTO Packaging Technology Co. Ltd., Class A		93,271		341,543
	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A		360,714		263,881
	Shenzhou International Group Holdings Ltd.		560,400		5,382,732
	Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		70,456		320,580
	Shinghwa Advanced Material Group Co. Ltd., Class A		16,300		153,887
*	Siasun Robot & Automation Co. Ltd., Class A		32,200		51,897
	Sichuan Chuantou Energy Co. Ltd., Class A		149,500		310,720
*	Sichuan Development Lomon Co. Ltd., Class A		181,500		245,369
	Sichuan Hebang Biotechnology Co. Ltd., Class A		1,595,900		637,454
	Sichuan Hexie Shuangma Co. Ltd., Class A		36,500		101,377
	Sichuan Kelun Pharmaceutical Co. Ltd., Class A		129,301		594,233
*	Sichuan New Energy Power Co. Ltd.		86,800		183,971
	Sichuan Road & Bridge Group Co. Ltd., Class A		264,600		606,150
	Sichuan Swellfun Co. Ltd., Class A		23,700		224,689
	Sichuan Teway Food Group Co. Ltd., Class A		8,400		20,836
	Sichuan Yahua Industrial Group Co. Ltd., Class A		100,100		271,932
	Sieyuan Electric Co. Ltd., Class A		63,100		419,253
	Sino Biopharmaceutical Ltd.		9,302,500		5,163,824
	Sinocare, Inc., Class A		10,000		41,542
	Sinofibers Technology Co. Ltd., Class A		17,400		131,787
	Sinolink Securities Co. Ltd., Class A		232,100		315,519
	Sinoma International Engineering Co., Class A		299,800		625,128
	Sinoma Science & Technology Co. Ltd., Class A		190,294		580,869
	Sinomine Resource Group Co. Ltd., Class A		23,500		258,630
	Sinopharm Group Co. Ltd., Class H		2,188,000		7,750,503
	Sinosoft Co. Ltd., Class A		37,280		210,067
*	Skshu Paint Co. Ltd., Class A		7,648		113,357
	Skyworth Digital Co. Ltd., Class A		76,793		182,353
# W	Smoore International Holdings Ltd.		2,712,000		3,170,369
	Songcheng Performance Development Co. Ltd., Class A		85,200		179,515
	Sonoscape Medical Corp., Class A		15,300		120,846
	SooChow Securities Co. Ltd., Class A		334,850		350,871
	Southwest Securities Co. Ltd., Class A		707,636		393,219
	StarPower Semiconductor Ltd., Class A		3,300		115,669
	State Grid Information & Communication Co. Ltd., Class A		75,800		203,661
*	STO Express Co. Ltd., Class A		94,000		145,671
	Sungrow Power Supply Co. Ltd., Class A		31,600		516,144
	Sunny Optical Technology Group Co. Ltd.		741,500		7,835,659
	Sunresin New Materials Co. Ltd., Class A		8,850		115,033
	Sunwoda Electronic Co. Ltd., Class A		74,600		181,569
	Suofeiya Home Collection Co. Ltd., Class A		27,570		75,342
	Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		152,400		544,781
	Suzhou Maxwell Technologies Co. Ltd., Class A		3,476		138,077
	Suzhou TFC Optical Communication Co. Ltd., Class A		16,000		140,917
	Taiji Computer Corp. Ltd., Class A		28,500		165,823
	Tangshan Jidong Cement Co. Ltd., Class A		321,700		379,384
	TangShan Port Group Co. Ltd., Class A		531,500		303,325
	Tayho Advanced Materials Group Co. Ltd., Class A		11,900		35,940
	TBEA Co. Ltd., Class A		217,400		710,699
	TCL Technology Group Corp., Class A		917,180		530,373
	TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		112,100		673,995
	Tencent Holdings Ltd.		3,556,400		157,961,459
*	Tencent Music Entertainment Group, ADR		730,433		5,412,509
	Thunder Software Technology Co. Ltd., Class A		13,300		162,555

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Tian Di Science & Technology Co. Ltd., Class A		466,820	$	368,613
	Tianjin 712 Communication & Broadcasting Co. Ltd., Class A		56,300		263,896
	Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A		193,100		160,962
	Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A		30,300		188,491
	Tianma Microelectronics Co. Ltd., Class A		161,455		230,130
	Tianshan Aluminum Group Co. Ltd., Class A		216,300		226,906
	Tianshui Huatian Technology Co. Ltd., Class A		305,000		395,301
*	Tibet Summit Resources Co. Ltd., Class A		86,100		244,393
	Tingyi Cayman Islands Holding Corp.		2,448,000		4,278,004
	Titan Wind Energy Suzhou Co. Ltd., Class A		124,100		247,130
	Tofflon Science & Technology Group Co. Ltd., Class A		65,800		233,692
	Toly Bread Co. Ltd., Class A		182,238		301,846
*	TongFu Microelectronics Co. Ltd., Class A		167,000		432,814
	Tongkun Group Co. Ltd., Class A		157,809		294,472
	Tongling Nonferrous Metals Group Co. Ltd., Class A		1,010,500		480,808
	Tongwei Co. Ltd., Class A		209,300		1,206,651
*	Topchoice Medical Corp., Class A		13,300		229,493
W	Topsports International Holdings Ltd.		796,000		709,585
	Transfar Zhilian Co. Ltd., Class A		287,626		229,427
	TravelSky Technology Ltd., Class H		183,000		365,291
	Trina Solar Co. Ltd., Class A		45,346		322,737
*	Trip.com Group Ltd., ADR		329,607		11,704,345
*	Trip.com Group Ltd.		99,700		3,544,826
	TRS Information Technology Corp. Ltd., Class A		32,200		108,041
	Tsingtao Brewery Co. Ltd., Class H		370,000		3,961,080
	Unigroup Guoxin Microelectronics Co. Ltd., Class A		37,799		579,587
	Unisplendour Corp. Ltd., Class A		98,960		424,366
	Universal Scientific Industrial Shanghai Co. Ltd., Class A		110,389		224,784
	Valiant Co. Ltd., Class A		56,000		148,306
*	Vipshop Holdings Ltd., ADR		534,579		8,392,890
	Walvax Biotechnology Co. Ltd., Class A		27,700		127,836
	Wanhua Chemical Group Co. Ltd., Class A		203,200		2,708,957
	Want Want China Holdings Ltd.		6,370,000		4,062,501
	Wanxiang Qianchao Co. Ltd., Class A		189,000		139,093
	Weichai Power Co. Ltd., Class H		2,550,800		3,770,441
	Weifu High-Technology Group Co. Ltd., Class A		52,714		127,323
	Weihai Guangwei Composites Co. Ltd., Class A		20,829		156,855
	Wens Foodstuffs Group Co. Ltd., Class A		164,980		471,609
	Western Securities Co. Ltd., Class A		471,900		456,900
	Western Superconducting Technologies Co. Ltd., Class A		20,923		235,784
	Wharf Holdings Ltd.		995,000		2,275,176
	Will Semiconductor Co. Ltd., Class A		41,921		554,298
	Wingtech Technology Co. Ltd., Class A		47,900		364,877
	Winner Medical Co. Ltd., Class A		5,100		44,758
	Winning Health Technology Group Co. Ltd., Class A		166,200		270,894
	Wolong Electric Group Co. Ltd., Class A		143,200		254,031
	Wuchan Zhongda Group Co. Ltd., Class A		615,250		484,912
	Wuhan DR Laser Technology Corp. Ltd., Class A		4,760		67,200
	Wuhan Guide Infrared Co. Ltd., Class A		106,841		170,524
	Wuhu Token Science Co. Ltd., Class A		200,630		178,255
	Wuliangye Yibin Co. Ltd., Class A		174,006		4,251,296
	WUS Printed Circuit Kunshan Co. Ltd., Class A		159,200		504,755
W	WuXi AppTec Co. Ltd., Class H		162,260		1,427,065
* W	Wuxi Biologics Cayman, Inc.		1,311,500		7,820,260
	XCMG Construction Machinery Co. Ltd., Class A		472,203		467,994
	Xiamen C & D, Inc., Class A		153,900		269,864
	Xiamen Faratronic Co. Ltd., Class A		12,100		233,138
	Xiamen ITG Group Corp. Ltd., Class A		163,430		215,200
	Xiamen Tungsten Co. Ltd., Class A		107,480		303,930

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Xiamen Xiangyu Co. Ltd., Class A		213,900	$	329,654
	Xi’an Triangle Defense Co. Ltd., Class A		36,484		189,007
	Xiangcai Co. Ltd., Class A		98,400		119,635
	Xianhe Co. Ltd., Class A		39,900		139,907
* W	Xiaomi Corp., Class B		11,267,400		15,992,987
	Xinfengming Group Co. Ltd., Class A		153,500		228,502
	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		611,759		501,677
	Xinjiang Tianshan Cement Co. Ltd., Class A		90,800		109,954
	Xinjiang Zhongtai Chemical Co. Ltd., Class A		216,200		204,364
	Xinxing Ductile Iron Pipes Co. Ltd., Class A		244,900		161,041
	Xinyi Solar Holdings Ltd.		5,015,103		5,391,720
# *	XPeng, Inc., Class A		634,100		3,027,792
	Xuji Electric Co. Ltd., Class A		90,600		295,113
W	Yadea Group Holdings Ltd.		994,000		2,324,000
	Yangling Metron New Material, Inc., Class A		27,640		182,264
	Yangzhou Yangjie Electronic Technology Co. Ltd., Class A		52,200		335,723
	Yankuang Energy Group Co. Ltd., Class H		1,768,000		6,065,255
	Yantai Changyu Pioneer Wine Co. Ltd., Class A		8,400		37,631
	Yantai Jereh Oilfield Services Group Co. Ltd., Class A		68,955		270,651
	Yealink Network Technology Corp. Ltd., Class A		41,840		398,784
	Yifeng Pharmacy Chain Co. Ltd., Class A		36,334		261,761
	Yintai Gold Co. Ltd., Class A		195,817		364,160
	Yixintang Pharmaceutical Group Co. Ltd., Class A		44,500		185,594
	YongXing Special Materials Technology Co. Ltd., Class A		42,770		395,257
	Yonyou Network Technology Co. Ltd., Class A		83,500		261,088
	Youngor Group Co. Ltd., Class A		340,604		337,532
*	Youngy Co. Ltd., Class A		13,700		139,921
	YTO Express Group Co. Ltd., Class A		174,400		436,126
*	Yuan Longping High-tech Agriculture Co. Ltd., Class A		80,100		176,354
	Yum China Holdings, Inc.		268,973		16,455,768
	Yunda Holding Co. Ltd., Class A		239,790		420,800
	Yunnan Aluminium Co. Ltd., Class A		373,200		768,724
	Yunnan Baiyao Group Co. Ltd., Class A		54,740		460,025
	Yunnan Copper Co. Ltd., Class A		308,200		561,849
	Yunnan Energy New Material Co. Ltd., Class A		30,462		458,699
	Yunnan Tin Co. Ltd., Class A		202,000		451,238
	Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		25,050		985,021
	Zhefu Holding Group Co. Ltd., Class A		607,423		335,233
*	Zhejiang Century Huatong Group Co. Ltd., Class A		458,400		454,370
	Zhejiang Cfmoto Power Co. Ltd., Class A		5,600		110,161
	Zhejiang China Commodities City Group Co. Ltd., Class A		325,179		455,260
	Zhejiang Chint Electrics Co. Ltd., Class A		136,021		512,874
	Zhejiang Crystal-Optech Co. Ltd., Class A		92,800		155,951
	Zhejiang Dahua Technology Co. Ltd., Class A		109,713		372,283
	Zhejiang Dingli Machinery Co. Ltd., Class A		23,170		171,124
	Zhejiang Hailiang Co. Ltd., Class A		143,800		253,077
	Zhejiang HangKe Technology, Inc.Co., Class A		17,887		128,806
	Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		135,440		383,171
	Zhejiang Huayou Cobalt Co. Ltd., Class A		64,211		483,759
	Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		54,000		534,906
	Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A		80,500		185,471
	Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A		29,300		135,752
	Zhejiang Juhua Co. Ltd., Class A		164,000		359,326
	Zhejiang Longsheng Group Co. Ltd., Class A		316,700		438,570
*	Zhejiang Narada Power Source Co. Ltd., Class A		56,700		164,818
	Zhejiang NHU Co. Ltd., Class A		264,988		653,781
	Zhejiang Supor Co. Ltd., Class A		47,603		354,187
	Zhejiang Weiming Environment Protection Co. Ltd., Class A		112,003		296,075
	Zhejiang Weixing New Building Materials Co. Ltd., Class A		62,534		199,808

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A		29,000	$	194,024
	Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A		19,894		35,993
	Zhejiang Yongtai Technology Co. Ltd., Class A		60,300		148,880
	Zheshang Securities Co. Ltd., Class A		270,063		400,054
	Zhongji Innolight Co. Ltd., Class A		55,527		722,513
	Zhongjin Gold Corp. Ltd., Class A		428,700		738,676
	Zhongsheng Group Holdings Ltd.		1,088,500		4,649,543
	Zhuzhou CRRC Times Electric Co. Ltd.		588,600		2,375,587
	Zhuzhou Hongda Electronics Corp. Ltd., Class A		42,700		254,162
	Zhuzhou Kibing Group Co. Ltd., Class A		272,501		405,320
*	Zibo Qixiang Tengda Chemical Co. Ltd., Class A		379,560		390,068
	Zijin Mining Group Co. Ltd., Class H		5,099,000		8,632,891
	Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H		1,859,600		1,015,052
	ZTE Corp., Class H		706,085		2,274,147
	ZTO Express Cayman, Inc., ADR		285,625		7,906,100
	ZTO Express Cayman, Inc.		10,600		291,845
TOTAL CHINA					1,251,589,622
COLOMBIA — (0.1%)
	BAC Holding International Corp.		1,290,635		62,362
	Banco de Bogota SA		22,543		164,106
	Bancolombia SA, Sponsored ADR		46,930		1,149,785
	Bancolombia SA		108,694		832,904
	Ecopetrol SA		2,140,333		1,042,376
	Grupo Argos SA		298,400		562,120
	Grupo Energia Bogota SA ESP		512,079		196,199
	Interconexion Electrica SA ESP		161,557		625,870
TOTAL COLOMBIA					4,635,722
CZECH REPUBLIC — (0.2%)
#	CEZ AS		106,811		5,734,265
	Komercni Banka AS		71,546		2,310,123
W	Moneta Money Bank AS		450,001		1,649,980
TOTAL CZECH REPUBLIC					9,694,368
EGYPT — (0.0%)
	Commercial International Bank Egypt SAE, GDR		1,319,169		1,598,544
GREECE — (0.4%)
*	Alpha Services & Holdings SA		1,682,552		2,109,305
*	Eurobank Ergasias Services & Holdings SA, Class A		1,373,666		1,942,267
* ††	FF Group		12,618		0
	Hellenic Energy Holdings SA		90,051		715,032
	Hellenic Telecommunications Organization SA		136,397		1,992,990
	JUMBO SA		96,587		2,225,315
	Motor Oil Hellas Corinth Refineries SA		91,962		2,191,782
	Mytilineos SA		67,692		1,963,934
*	National Bank of Greece SA		286,179		1,497,619
	OPAP SA		113,020		1,927,297
*	Piraeus Financial Holdings SA		358,559		848,219
*	Public Power Corp. SA		76,994		664,426
	Terna Energy SA		61,572		1,364,929
TOTAL GREECE					19,443,115
HONG KONG — (0.0%)
* ††	China Common Rich Renewable Energy Investments Ltd.		5,416,000		0

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
HUNGARY — (0.3%)
	MOL Hungarian Oil & Gas PLC		832,401	$	6,750,155
	OTP Bank Nyrt		99,554		3,033,700
	Richter Gedeon Nyrt		90,600		2,188,217
TOTAL HUNGARY					11,972,072
INDIA — (15.3%)
	Aarti Industries Ltd.		231,928		1,595,565
*	Aarti Pharmalabs Ltd.		57,982		259,989
	ABB India Ltd.		42,105		1,760,371
	ACC Ltd.		72,319		1,563,053
	Adani Enterprises Ltd.		51,782		1,222,341
*	Adani Green Energy Ltd.		89,876		1,050,295
	Adani Ports & Special Economic Zone Ltd.		377,815		3,157,031
*	Adani Power Ltd.		716,345		1,975,662
	Adani Total Gas Ltd.		76,045		879,495
*	Adani Transmission Ltd.		132,275		1,671,552
*	Aditya Birla Capital Ltd.		568,134		1,165,931
	Alkem Laboratories Ltd.		17,972		774,634
	Ambuja Cements Ltd.		409,686		1,994,717
	APL Apollo Tubes Ltd.		45,360		663,836
	Apollo Hospitals Enterprise Ltd.		77,348		4,287,582
	Ashok Leyland Ltd.		1,078,208		1,925,287
	Asian Paints Ltd.		220,693		7,831,507
	Astral Ltd.		135,420		2,407,503
W	AU Small Finance Bank Ltd.		166,635		1,356,540
	Aurobindo Pharma Ltd.		292,903		2,207,028
* W	Avenue Supermarts Ltd.		53,575		2,308,832
	Axis Bank Ltd.		1,326,166		13,998,877
	Bajaj Auto Ltd.		64,343		3,474,981
	Bajaj Finance Ltd.		131,798		10,138,401
	Bajaj Finserv Ltd.		159,010		2,644,065
	Bajaj Holdings & Investment Ltd.		39,468		3,332,058
	Balkrishna Industries Ltd.		110,491		2,816,108
* W	Bandhan Bank Ltd.		603,569		1,697,445
	Bank of Baroda		970,898		2,245,915
	Bank of India		261,403		269,497
	Berger Paints India Ltd.		194,217		1,452,386
	Bharat Electronics Ltd.		4,884,542		6,177,131
	Bharat Forge Ltd.		271,888		2,664,040
	Bharat Petroleum Corp. Ltd.		434,684		1,895,666
	Bharti Airtel Ltd.		1,469,776		14,380,942
	Biocon Ltd.		396,886		1,127,781
	Bosch Ltd.		4,746		1,126,388
	Britannia Industries Ltd.		54,714		3,037,301
	Canara Bank		364,746		1,419,010
	CG Power & Industrial Solutions Ltd.		426,835		1,610,786
	Cholamandalam Investment & Finance Co. Ltd.		510,483		5,474,294
	Cipla Ltd.		490,971		5,467,722
	Coal India Ltd.		649,232		1,854,874
	Colgate-Palmolive India Ltd.		122,914		2,392,424
	Container Corp. of India Ltd.		293,158		2,194,833
	Coromandel International Ltd.		60,562		700,663
	Cummins India Ltd.		81,546		1,573,068
	Dabur India Ltd.		338,762		2,211,471
	Dalmia Bharat Ltd.		51,855		1,271,242
	Deepak Nitrite Ltd.		86,786		2,003,620
	Divi’s Laboratories Ltd.		72,911		2,918,214
	DLF Ltd.		478,113		2,492,389
	Dr Reddy’s Laboratories Ltd., ADR		102,286		6,184,212

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Dr Reddy’s Laboratories Ltd.		33,811	$	2,030,675
	Eicher Motors Ltd.		86,505		3,499,670
	Federal Bank Ltd.		142,671		236,248
	GAIL India Ltd.		2,768,010		3,636,689
	GAIL India Ltd., GDR		153,552		1,219,063
	GlaxoSmithKline Pharmaceuticals Ltd.		32,553		494,275
*	Godrej Consumer Products Ltd.		229,531		2,558,473
*	Godrej Properties Ltd.		90,173		1,456,617
	Grasim Industries Ltd.		235,894		4,965,016
	Gujarat Fluorochemicals Ltd.		13,111		545,212
	Gujarat Gas Ltd.		139,066		797,444
	Havells India Ltd.		137,674		2,073,697
	HCL Technologies Ltd.		649,423		8,481,804
W	HDFC Asset Management Co. Ltd.		57,914		1,254,480
	HDFC Bank Ltd.		1,437,186		29,706,188
W	HDFC Life Insurance Co. Ltd.		302,310		1,965,194
	Hero MotoCorp Ltd.		154,403		4,844,556
	Hindalco Industries Ltd.		2,190,616		11,737,454
	Hindustan Aeronautics Ltd.		73,506		2,630,355
	Hindustan Petroleum Corp. Ltd.		547,972		1,682,260
	Hindustan Unilever Ltd.		440,646		13,267,083
	Honeywell Automation India Ltd.		1,476		642,872
	Housing Development Finance Corp. Ltd.		698,934		23,765,926
	ICICI Bank Ltd., Sponsored ADR		649,989		14,787,238
	ICICI Bank Ltd.		1,390,129		15,710,363
W	ICICI Lombard General Insurance Co. Ltd.		157,840		2,085,952
W	ICICI Prudential Life Insurance Co. Ltd.		181,663		965,800
*	IDFC First Bank Ltd.		3,037,968		2,313,981
	Indian Bank		120,097		474,650
	Indian Hotels Co. Ltd.		484,337		2,013,925
	Indian Oil Corp. Ltd.		1,227,595		1,222,641
*	Indian Overseas Bank		1,569,149		497,046
	Indian Railway Catering & Tourism Corp. Ltd.		293,699		2,227,137
W	Indian Railway Finance Corp. Ltd.		1,263,052		491,349
	Indraprastha Gas Ltd.		248,390		1,504,669
	Indus Towers Ltd.		1,085,308		2,059,578
	IndusInd Bank Ltd.		317,938		4,503,039
	Info Edge India Ltd.		53,431		2,474,155
	Infosys Ltd., Sponsored ADR		429,715		6,677,771
	Infosys Ltd.		1,779,532		27,461,060
* W	InterGlobe Aviation Ltd.		44,288		1,097,925
	Ipca Laboratories Ltd.		58,404		506,886
	ITC Ltd.		1,903,270		9,940,260
	Jindal Steel & Power Ltd.		801,679		5,727,959
	JSW Energy Ltd.		377,303		1,200,721
	JSW Steel Ltd.		1,033,707		9,213,903
	Jubilant Foodworks Ltd.		480,298		2,635,280
	Kansai Nerolac Paints Ltd.		90,802		422,408
	Kotak Mahindra Bank Ltd.		409,889		9,729,949
W	L&T Technology Services Ltd.		25,917		1,207,918
	Larsen & Toubro Ltd.		411,559		11,909,908
	Linde India Ltd.		3,525		172,881
W	LTIMindtree Ltd.		52,873		2,868,356
	Lupin Ltd.		226,834		1,964,517
	Mahindra & Mahindra Financial Services Ltd.		242,496		771,553
	Mahindra & Mahindra Ltd.		905,189		13,599,181
	Marico Ltd.		535,354		3,264,065
	Maruti Suzuki India Ltd.		41,842		4,415,284
*	Max Financial Services Ltd.		54,912		428,425

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	Max Healthcare Institute Ltd.		291,073	$	1,625,638
	Motherson Sumi Wiring India Ltd.		1,855,705		1,224,356
	Mphasis Ltd.		110,209		2,464,831
	MRF Ltd.		2,139		2,329,013
	Muthoot Finance Ltd.		242,710		3,027,180
	Nestle India Ltd.		20,232		5,386,955
	NHPC Ltd.		1,327,907		718,521
	NMDC Ltd.		1,251,805		1,668,247
* ††	NMDC Steel Ltd.		1,251,805		565,969
	NTPC Ltd.		1,541,570		3,251,436
	Oberoi Realty Ltd.		101,713		1,137,707
	Oil & Natural Gas Corp. Ltd.		877,424		1,708,506
	One 97 Communications Ltd.		11,484		91,656
	Oracle Financial Services Software Ltd.		32,810		1,437,644
	Page Industries Ltd.		7,482		3,696,241
	Persistent Systems Ltd.		53,578		3,114,565
	Petronet LNG Ltd.		1,564,099		4,539,990
	PI Industries Ltd.		68,216		2,822,956
	Pidilite Industries Ltd.		83,120		2,460,024
*	Piramal Pharma Ltd.		470,376		406,431
	Polycab India Ltd.		32,740		1,282,791
	Power Finance Corp. Ltd.		2,196,312		4,579,436
	Power Grid Corp. of India Ltd.		1,428,971		4,139,408
	Procter & Gamble Hygiene & Health Care Ltd.		10,172		1,742,158
	Punjab National Bank		1,966,565		1,262,768
	REC Ltd.		1,685,443		2,733,077
	Reliance Industries Ltd.		1,374,995		40,823,304
	Samvardhana Motherson International Ltd.		2,006,116		1,810,626
	SBI Cards & Payment Services Ltd.		121,458		1,147,636
W	SBI Life Insurance Co. Ltd.		140,554		1,963,569
	Schaeffler India Ltd.		22,265		758,778
	Shree Cement Ltd.		5,296		1,564,288
	Shriram Finance Ltd.		254,074		4,152,999
	Siemens Ltd.		25,712		1,089,106
	Solar Industries India Ltd.		16,323		763,584
	SRF Ltd.		145,407		4,521,146
	State Bank of India		933,814		6,606,195
	State Bank of India, GDR		3,115		219,296
	Steel Authority of India Ltd.		2,006,703		2,036,723
	Sun Pharmaceutical Industries Ltd.		438,723		5,300,412
	Sundaram Finance Holdings Ltd.		40,687		42,216
	Sundaram Finance Ltd.		964		27,914
	Supreme Industries Ltd.		25,770		856,397
	Tata Chemicals Ltd.		90,622		1,057,944
	Tata Communications Ltd.		108,655		1,691,190
	Tata Consultancy Services Ltd.		551,248		21,765,739
	Tata Consumer Products Ltd.		452,579		4,223,590
	Tata Elxsi Ltd.		32,921		2,680,459
*	Tata Motors Ltd.		1,872,878		11,162,912
	Tata Power Co. Ltd.		876,822		2,169,011
	Tata Steel Ltd.		11,675,250		15,485,845
	Tech Mahindra Ltd.		610,317		7,668,476
	Thermax Ltd.		1,412		39,617
	Titan Co. Ltd.		181,344		5,864,627
	Torrent Pharmaceuticals Ltd.		137,581		2,775,954
	Trent Ltd.		124,912		2,089,674
	Tube Investments of India Ltd.		67,707		2,144,634
	TVS Motor Co. Ltd.		213,326		2,979,093
	UltraTech Cement Ltd.		59,834		5,527,201

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Union Bank of India Ltd.		739,695	$	688,639
	United Breweries Ltd.		45,973		831,521
*	United Spirits Ltd.		259,011		2,466,543
	UNO Minda Ltd.		96,341		614,121
	UPL Ltd.		1,035,734		9,386,066
	Varun Beverages Ltd.		187,056		3,307,995
	Vedanta Ltd.		1,321,724		4,531,608
	Voltas Ltd.		162,390		1,589,043
	Wipro Ltd.		823,282		3,895,296
	Zydus Lifesciences Ltd.		310,331		1,978,708
TOTAL INDIA					698,062,738
INDONESIA — (2.1%)
	Adaro Energy Indonesia Tbk PT		26,638,800		5,702,409
*	Allo Bank Indonesia Tbk PT		285,800		24,965
	Aneka Tambang Tbk PT		6,383,200		918,253
	Astra International Tbk PT		16,277,210		7,508,170
	Bank Central Asia Tbk PT		24,391,800		15,094,889
*	Bank Jago Tbk PT		251,500		35,689
	Bank Mandiri Persero Tbk PT		20,972,668		7,413,833
	Bank Negara Indonesia Persero Tbk PT		5,902,722		3,803,999
	Bank Pan Indonesia Tbk PT		558,900		42,115
	Bank Rakyat Indonesia Persero Tbk PT		31,428,776		10,952,273
	Bank Syariah Indonesia Tbk PT		8,391,623		991,188
	Barito Pacific Tbk PT		14,022,256		799,617
	Bukit Asam Tbk PT		7,759,200		2,194,491
*	Bumi Resources Tbk PT		47,826,200		395,299
*	Capital Financial Indonesia Tbk PT		4,941,700		227,377
	Charoen Pokphand Indonesia Tbk PT		5,178,400		1,621,229
	Elang Mahkota Teknologi Tbk PT		10,303,900		497,420
	Gudang Garam Tbk PT		458,300		889,260
	Indah Kiat Pulp & Paper Tbk PT		3,417,500		1,815,970
	Indo Tambangraya Megah Tbk PT		733,000		1,667,580
	Indocement Tunggal Prakarsa Tbk PT		1,530,800		1,133,717
	Indofood CBP Sukses Makmur Tbk PT		1,193,300		861,604
	Indofood Sukses Makmur Tbk PT		5,902,700		2,598,205
	Indosat Tbk PT		968,600		462,908
	Kalbe Farma Tbk PT		12,576,600		1,820,887
	Mayora Indah Tbk PT		2,611,225		463,231
*	Merdeka Copper Gold Tbk PT		3,606,495		972,883
	Mitra Keluarga Karyasehat Tbk PT		4,585,000		903,677
*	MNC Digital Entertainment Tbk PT		383,000		105,306
	Perusahaan Gas Negara Tbk PT		9,214,200		901,364
	Sarana Menara Nusantara Tbk PT		22,264,500		1,559,242
	Semen Indonesia Persero Tbk PT		4,306,129		1,751,410
	Sinar Mas Agro Resources & Technology Tbk PT		990,800		364,798
	Sumber Alfaria Trijaya Tbk PT		10,728,700		2,121,409
	Telkom Indonesia Persero Tbk PT		22,978,700		6,655,749
	Tower Bersama Infrastructure Tbk PT		5,349,200		752,311
	Transcoal Pacific Tbk PT		1,072,800		561,332
	Unilever Indonesia Tbk PT		4,594,500		1,379,999
	United Tractors Tbk PT		3,132,496		6,183,782
*	Vale Indonesia Tbk PT		2,498,500		1,194,193
	XL Axiata Tbk PT		8,075,839		966,602
TOTAL INDONESIA					96,310,635
KUWAIT — (0.2%)
	Agility Public Warehousing Co. KSC		439,383		883,211

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
KUWAIT — (Continued)
	Al Ahli Bank of Kuwait KSCP		10,211	$	10,829
	Boubyan Bank KSCP		327,730		720,803
	Gulf Bank KSCP		37,873		34,728
	Kuwait Finance House KSCP		1,956,968		4,751,131
	Kuwait Telecommunications Co.		160,831		310,169
	Mabanee Co. KPSC		121,487		301,289
	Mobile Telecommunications Co. KSCP		62,728		116,470
	National Bank of Kuwait SAKP		745,987		2,441,589
	Warba Bank KSCP		259,437		193,022
TOTAL KUWAIT					9,763,241
MALAYSIA — (1.6%)
	Alliance Bank Malaysia Bhd		754,000		563,514
	AMMB Holdings Bhd		2,079,659		1,686,558
	Axiata Group Bhd		1,981,532		1,331,410
	Batu Kawan Bhd		120,100		586,866
#	BIMB Holdings Bhd		844,655		380,668
	Bursa Malaysia Bhd		349,100		491,761
#	Carlsberg Brewery Malaysia Bhd, Class B		142,900		677,800
#	CELCOMDIGI BHD		1,985,320		1,960,750
	CIMB Group Holdings Bhd		3,048,470		3,463,432
	D&O Green Technologies Bhd		534,500		494,457
	Dialog Group Bhd		2,206,018		1,135,735
	FGV Holdings Bhd		168,700		56,770
	Fraser & Neave Holdings Bhd		137,200		816,992
	Gamuda Bhd		2,104,704		1,960,551
	Genting Bhd		1,808,100		1,909,761
	Genting Malaysia Bhd		2,150,900		1,310,012
	Genting Plantations Bhd		294,500		396,335
*	Greatech Technology Bhd		154,400		166,744
#	HAP Seng Consolidated Bhd		696,400		772,277
#	Hartalega Holdings Bhd		2,543,900		1,075,112
	Heineken Malaysia Bhd		143,700		906,988
#	Hong Leong Bank Bhd		259,166		1,171,253
	Hong Leong Financial Group Bhd		254,683		1,035,365
#	IHH Healthcare Bhd		744,900		958,586
#	IJM Corp. Bhd		1,900,700		666,199
#	Inari Amertron Bhd		2,740,900		1,422,936
#	IOI Corp. Bhd		1,534,905		1,318,403
	IOI Properties Group Bhd		1,450,429		377,785
	Kuala Lumpur Kepong Bhd		392,146		1,894,091
	Malayan Banking Bhd		2,464,719		4,789,639
	Malaysia Airports Holdings Bhd		574,941		909,956
	Malaysian Pacific Industries Bhd		81,000		518,116
#	Maxis Bhd		1,355,100		1,338,656
	MISC Bhd		629,598		1,031,776
W	MR DIY Group M Bhd		1,080,650		383,698
#	My EG Services Bhd		5,751,538		1,022,528
	Nestle Malaysia Bhd		43,200		1,312,813
#	Petronas Chemicals Group Bhd		1,318,100		2,097,556
#	Petronas Dagangan Bhd		172,900		878,613
	Petronas Gas Bhd		360,800		1,367,549
#	PMB Technology Bhd		8,800		8,212
	PPB Group Bhd		495,880		1,807,925
	Press Metal Aluminium Holdings Bhd		1,958,700		2,269,699
	Public Bank Bhd		8,022,870		7,005,963
	QL Resources Bhd		765,685		970,208
	RHB Bank Bhd		1,681,678		2,068,576
	Scientex Bhd		251,200		192,281

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
#	Sime Darby Bhd		4,048,561	$	1,972,708
	Sime Darby Plantation Bhd		1,349,221		1,298,604
	Sunway Bhd		2,164,182		762,791
	Telekom Malaysia Bhd		517,329		576,371
#	Tenaga Nasional Bhd		985,950		1,969,272
	TIME dotCom Bhd		1,203,100		1,482,141
# *	Top Glove Corp. Bhd		5,149,500		1,135,591
	United Plantations Bhd		124,500		462,342
	ViTrox Corp. Bhd		263,100		472,878
	Westports Holdings Bhd		745,700		591,469
#	Yinson Holdings Bhd		1,557,840		915,986
	YTL Corp. Bhd		6,697,612		993,041
	YTL Power International Bhd		954,500		235,999
TOTAL MALAYSIA					73,832,068
MEXICO — (2.6%)
	Alfa SAB de CV, Class A		3,644,269		2,326,884
	America Movil SAB de CV, Class B		16,121,214		17,385,931
	Arca Continental SAB de CV		344,314		3,289,075
	Becle SAB de CV		306,550		709,620
*	Cemex SAB de CV		11,931,285		7,173,569
*	Cemex SAB de CV, Sponsored ADR		66,225		397,350
	Coca-Cola Femsa SAB de CV		352,760		2,921,829
	El Puerto de Liverpool SAB de CV, Class C1		158,233		972,306
	Fomento Economico Mexicano SAB de CV		748,304		7,278,479
	Gruma SAB de CV, Class B		237,076		3,722,909
	Grupo Aeroportuario del Pacifico SAB de CV, ADR		9,878		1,754,036
	Grupo Aeroportuario del Pacifico SAB de CV, Class B		239,840		4,264,549
	Grupo Aeroportuario del Sureste SAB de CV, ADR		11,567		3,311,863
	Grupo Aeroportuario del Sureste SAB de CV, Class B		2,990		85,656
	Grupo Bimbo SAB de CV, Class A		745,854		4,003,165
	Grupo Carso SAB de CV		406,705		2,308,647
	Grupo Comercial Chedraui SA de CV		14,937		88,312
#	Grupo Elektra SAB de CV		35,720		2,290,554
	Grupo Financiero Banorte SAB de CV, Class O		2,024,988		17,549,633
# *	Grupo Financiero Inbursa SAB de CV, Class O		1,954,340		4,776,201
	Grupo Mexico SAB de CV, Class B		2,030,191		9,928,791
*	Industrias Penoles SAB de CV		160,966		2,488,865
	Kimberly-Clark de Mexico SAB de CV, Class A		1,548,097		3,499,244
	Orbia Advance Corp. SAB de CV		2,067,520		4,760,718
*	Organizacion Soriana SAB de CV, Class B		360,339		623,897
# *	Sitios Latinoamerica SAB de CV		873,129		354,020
	Wal-Mart de Mexico SAB de CV		2,505,757		10,099,959
TOTAL MEXICO					118,366,062
PERU — (0.1%)
	Cementos Pacasmayo SAA, ADR		16,712		90,246
#	Cia de Minas Buenaventura SAA, ADR		53,274		376,647
	Credicorp Ltd.		34,826		4,718,227
TOTAL PERU					5,185,120
PHILIPPINES — (0.8%)
	Aboitiz Equity Ventures, Inc.		786,220		778,471
	Aboitiz Power Corp.		1,226,700		843,536
	ACEN Corp.		4,416,306		480,770
	Ayala Corp.		111,872		1,295,752
	Ayala Land, Inc.		2,940,018		1,420,914
	Bank of the Philippine Islands		1,589,502		3,091,721

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
PHILIPPINES — (Continued)
	BDO Unibank, Inc.		1,864,754	$	4,860,564
	DMCI Holdings, Inc.		1,680,900		298,234
	Emperador, Inc.		1,290,100		486,827
* ††	Fwbc Holdings, Inc.		2,006,957		0
	Globe Telecom, Inc.		28,287		870,384
	International Container Terminal Services, Inc.		610,640		2,394,737
	JG Summit Holdings, Inc.		2,389,619		2,193,637
	Jollibee Foods Corp.		294,860		1,199,097
	Manila Electric Co.		109,980		674,592
	Metropolitan Bank & Trust Co.		2,836,738		3,005,007
W	Monde Nissin Corp.		382,600		64,688
	PLDT, Inc., Sponsored ADR		2,502		54,068
	PLDT, Inc.		86,285		1,877,625
	San Miguel Corp.		1,213,110		2,326,690
	San Miguel Food & Beverage, Inc.		85,800		73,084
	Semirara Mining & Power Corp.		481,300		235,130
	SM Investments Corp.		102,383		1,659,056
	SM Prime Holdings, Inc.		4,214,410		2,588,854
	Union Bank of the Philippines		83,737		125,408
	Universal Robina Corp.		573,030		1,524,923
	Wilcon Depot, Inc.		297,500		155,677
TOTAL PHILIPPINES					34,579,446
POLAND — (0.9%)
* W	Allegro.eu SA		105,206		829,258
	Asseco Poland SA		50,242		1,019,361
	Bank Handlowy w Warszawie SA		22,758		491,594
*	Bank Millennium SA		172,491		204,715
	Bank Polska Kasa Opieki SA		110,293		2,551,858
	Budimex SA		8,370		737,648
#	CD Projekt SA		56,327		1,536,972
	Cyfrowy Polsat SA		309,470		1,297,851
* W	Dino Polska SA		30,321		3,092,234
	ING Bank Slaski SA		23,288		885,774
	Inter Cars SA		1,409		174,419
# *	Jastrzebska Spolka Weglowa SA		95,696		990,410
	KGHM Polska Miedz SA		94,182		2,709,198
	KRUK SA		9,417		850,169
	LPP SA		737		2,124,542
*	mBank SA		18,110		1,515,949
	Orange Polska SA		653,211		1,138,079
*	Pepco Group NV		96,923		929,440
*	PGE Polska Grupa Energetyczna SA		642,822		1,064,865
	Polski Koncern Naftowy Orlen SA		537,177		8,195,343
	Powszechna Kasa Oszczednosci Bank Polski SA		419,222		3,241,446
	Powszechny Zaklad Ubezpieczen SA		358,952		3,306,985
	Santander Bank Polska SA		18,162		1,477,227
TOTAL POLAND					40,365,337
QATAR — (0.8%)
	Barwa Real Estate Co.		242,593		167,524
	Commercial Bank PSQC		1,246,337		2,021,090
	Industries Qatar QSC		687,805		2,423,574
	Masraf Al Rayan QSC		4,010,504		2,830,344
	Mesaieed Petrochemical Holding Co.		3,448,812		1,886,891
	Ooredoo QPSC		1,353,316		3,682,766
	Qatar Electricity & Water Co. QSC		382,308		1,757,596
	Qatar Fuel QSC		385,631		1,760,337

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
QATAR — (Continued)
	Qatar Gas Transport Co. Ltd.		3,740,749	$	4,080,532
	Qatar International Islamic Bank QSC		621,126		1,698,100
	Qatar Islamic Bank SAQ		785,263		3,881,023
	Qatar National Bank QPSC		2,678,365		11,341,126
	Qatar Navigation QSC		66,801		166,323
TOTAL QATAR					37,697,226
RUSSIA — (0.0%)
* ††	Gazprom PJSC,Sponsored ADR		1,293,312		0
* ††	Lukoil PJSC, Sponsored ADR		128,002		0
* ††	Magnitogorsk Iron & Steel Works PJSC, GDR		172,148		0
* ††	MMC Norilsk Nickel PJSC,ADR		205,087		0
* ††	Mobile TeleSystems PJSC, ADR		294,338		0
* ††	Novatek PJSC,GDR		15,415		0
* ††	Novolipetsk Steel PJSC,GDR		60,064		0
* ††	PhosAgro PJSC		582		0
* ††	PhosAgro PJSC,GDR		90,265		0
* ††	Polyus PJSC,GDR		20,177		0
* ††	Rosneft Oil Co. PJSC,GDR		275,526		0
* ††	Rostelecom PJSC,Sponsored ADR		88,099		0
* ††	RusHydro PJSC,ADR		808,023		0
* ††	Sberbank of Russia PJSC, Sponsored ADR		948,237		0
* ††	Severstal PAO,GDR		67,875		0
* ††	Tatneft PJSC,Sponsored ADR		122,269		0
* ††	VTB Bank PJSC,GDR		1,705,908		0
* ††	X5 Retail Group NV, GDR		81,764		0
SAUDI ARABIA — (4.0%)
	Abdullah Al Othaim Markets Co.		35,857		1,374,719
	ACWA Power Co.		17,045		717,027
	Advanced Petrochemical Co.		93,670		1,196,181
	Al Rajhi Bank		1,034,714		21,356,441
	Alinma Bank		765,866		6,520,020
	Almarai Co. JSC		156,279		2,465,350
	Arab National Bank		592,449		4,344,216
	Arabian Centres Co. Ltd.		74,422		431,788
	Arabian Internet & Communications Services Co.		21,153		1,583,418
*	Bank AlBilad		366,427		4,084,042
	Bank Al-Jazira		473,561		2,477,911
	Banque Saudi Fransi		491,263		5,097,430
	Bupa Arabia for Cooperative Insurance Co.		58,283		2,749,130
*	Dar Al Arkan Real Estate Development Co.		584,678		2,523,905
	Dr Sulaiman Al Habib Medical Services Group Co.		40,198		3,087,844
	Etihad Etisalat Co.		825,705		10,183,802
	Jarir Marketing Co.		72,474		3,161,565
*	Mobile Telecommunications Co. Saudi Arabia		664,405		2,660,949
	Mouwasat Medical Services Co.		52,804		3,489,857
*	Rabigh Refining & Petrochemical Co.		502,213		1,497,034
	Riyad Bank		967,941		7,806,838
	SABIC Agri-Nutrients Co.		163,069		5,863,167
	Sahara International Petrochemical Co.		631,355		6,583,101
*	Saudi Arabian Mining Co.		512,286		9,583,224
W	Saudi Arabian Oil Co.		1,243,159		11,982,882
	Saudi Basic Industries Corp.		442,004		10,936,355
	Saudi British Bank		718,043		6,971,281
	Saudi Electricity Co.		366,509		2,376,027
	Saudi Industrial Investment Group		411,617		2,807,065
	Saudi Investment Bank		428,901		1,882,367
*	Saudi Kayan Petrochemical Co.		1,067,829		3,625,035

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SAUDI ARABIA — (Continued)
	Saudi National Bank		901,579	$	11,832,915
*	Saudi Research & Media Group		42,250		2,375,784
	Saudi Telecom Co.		976,121		11,748,566
	Savola Group		272,508		2,321,217
	Yanbu National Petrochemical Co.		267,708		3,214,077
TOTAL SAUDI ARABIA					182,912,530
SOUTH AFRICA — (3.6%)
	Absa Group Ltd.		778,123		7,569,400
	African Rainbow Minerals Ltd.		156,029		1,960,096
	Anglo American Platinum Ltd.		30,706		1,820,512
#	AngloGold Ashanti Ltd., Sponsored ADR		273,710		7,275,212
	Aspen Pharmacare Holdings Ltd.		422,830		4,232,028
	Bid Corp. Ltd.		229,014		5,217,427
	Bidvest Group Ltd.		372,608		5,104,069
	Capitec Bank Holdings Ltd.		41,839		3,647,061
	Clicks Group Ltd.		277,963		4,058,601
*	Discovery Ltd.		488,952		3,846,168
	Exxaro Resources Ltd.		326,361		3,429,180
	FirstRand Ltd.		3,071,173		10,823,648
	Gold Fields Ltd., Sponsored ADR		717,812		11,169,155
	Impala Platinum Holdings Ltd.		976,444		9,506,462
	Investec Ltd.		275,500		1,514,935
	Kumba Iron Ore Ltd.		44,362		1,078,737
	Mr Price Group Ltd.		256,073		2,106,779
	MTN Group Ltd.		1,292,967		9,081,549
	MultiChoice Group		521,156		3,260,450
	Naspers Ltd., Class N		56,057		9,992,813
	Nedbank Group Ltd.		603,296		6,969,717
	NEPI Rockcastle NV		413,564		2,496,447
	Ninety One Ltd.		225,714		510,476
*	Northam Platinum Holdings Ltd.		303,245		2,969,153
	Old Mutual Ltd.		6,452,294		4,104,317
W	Pepkor Holdings Ltd.		1,868,475		1,732,039
	Sanlam Ltd.		1,479,776		4,567,812
	Sasol Ltd.		81,111		1,056,235
	Sasol Ltd., Sponsored ADR		487,780		6,350,896
	Shoprite Holdings Ltd.		295,830		3,610,312
	Sibanye Stillwater Ltd.		3,103,236		6,860,735
#	Sibanye Stillwater Ltd., ADR		296,437		2,653,111
	Standard Bank Group Ltd.		688,647		6,456,573
	Vodacom Group Ltd.		315,489		2,162,473
	Woolworths Holdings Ltd.		1,130,428		4,024,974
TOTAL SOUTH AFRICA					163,219,552
SOUTH KOREA — (12.3%)
# *	Alteogen, Inc.		18,171		595,005
	Amorepacific Corp.		9,980		923,366
#	Amorepacific Group		32,258		884,414
	BGF retail Co. Ltd.		9,471		1,321,332
	BNK Financial Group, Inc.		332,888		1,656,089
	Caregen Co. Ltd.		1,359		216,822
#	Celltrion Healthcare Co. Ltd.		28,780		1,500,191
# *	Celltrion Pharm, Inc.		11,963		733,319
	Celltrion, Inc.		46,059		5,549,625
	Cheil Worldwide, Inc.		69,463		961,239
#	Chunbo Co. Ltd.		2,789		406,238
*	CJ CheilJedang Corp.		13,628		3,155,808

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	CJ Corp.		24,910	$	1,705,605
*	CJ ENM Co. Ltd.		20,708		1,236,408
	CJ Logistics Corp.		12,469		720,197
*	CosmoAM&T Co. Ltd.		12,486		1,638,385
*	Cosmochemical Co. Ltd.		7,506		328,793
	Coway Co. Ltd.		63,116		2,317,395
	CS Wind Corp.		16,801		951,173
	Daeduck Electronics Co. Ltd.		12,770		207,057
	Daejoo Electronic Materials Co. Ltd.		3,936		290,909
	Daesung Holdings Co. Ltd.		2,439		62,040
*	Daewoo Engineering & Construction Co. Ltd.		313,837		992,417
# *	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		31,106		629,274
	Daewoong Pharmaceutical Co. Ltd.		732		60,541
	Daou Data Corp.		7,226		94,045
	DB HiTek Co. Ltd.		45,779		2,084,318
	DB Insurance Co. Ltd.		62,992		3,959,775
	DL E&C Co. Ltd.		57,621		1,522,476
	DL Holdings Co. Ltd.		17,437		646,099
#	Dongjin Semichem Co. Ltd.		30,624		678,761
	Dongkuk Steel Mill Co. Ltd.		41,126		368,613
#	Dongsuh Cos., Inc.		23,600		339,374
*	Dongwha Enterprise Co. Ltd.		922		34,240
	Dongwon Industries Co. Ltd.		527		18,314
	Dongwon Systems Corp.		1,506		48,439
	Doosan Bobcat, Inc.		71,251		2,733,656
*	Doosan Enerbility Co. Ltd.		182,057		2,281,167
# *	Doosan Fuel Cell Co. Ltd.		28,267		634,986
	Douzone Bizon Co. Ltd.		12,968		296,146
#	Ecopro BM Co. Ltd.		21,294		4,276,039
#	Ecopro Co. Ltd.		10,539		5,787,998
	E-MART, Inc.		20,339		1,487,540
	F&F Co. Ltd.		16,254		1,719,835
#	Fila Holdings Corp.		50,748		1,393,873
#	Foosung Co. Ltd.		47,363		480,323
	Green Cross Corp.		3,210		297,432
	GS Engineering & Construction Corp.		80,479		1,305,992
	GS Holdings Corp.		85,332		2,535,346
	GS Retail Co. Ltd.		58,202		1,159,346
	Hana Financial Group, Inc.		322,527		10,134,971
	Hanjin Kal Corp.		7,798		230,884
	Hankook Tire & Technology Co. Ltd.		82,943		2,142,158
	Hanmi Pharm Co. Ltd.		4,367		1,056,224
	Hanmi Science Co. Ltd.		7,766		254,999
	Hanmi Semiconductor Co. Ltd.		26,921		416,686
	Hanon Systems		175,388		1,205,645
	Hansol Chemical Co. Ltd.		9,131		1,521,971
	Hanwha Aerospace Co. Ltd.		27,102		2,085,535
	Hanwha Corp.		56,544		1,148,348
	Hanwha Galleria Co. Ltd.		60,094		77,407
*	Hanwha Life Insurance Co. Ltd.		349,192		648,820
*	Hanwha Solutions Corp.		53,285		1,917,352
	Hanwha Systems Co. Ltd.		18,409		195,171
	Harim Holdings Co. Ltd.		32,759		230,246
	HD Hyundai Co. Ltd.		53,908		2,390,465
	HD Hyundai Electric Co. Ltd.		6,796		257,784
	HD Hyundai Infracore Co. Ltd.		128,751		952,603
*	HD Korea Shipbuilding & Offshore Engineering Co. Ltd.		38,502		2,448,893
#	Hite Jinro Co. Ltd.		24,304		405,214
	HL Mando Co. Ltd.		37,987		1,319,706

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	HLB, Inc.		72,164	$	1,917,849
	HMM Co. Ltd.		398,652		6,106,260
	Hotel Shilla Co. Ltd.		29,605		1,808,708
*	Hugel, Inc.		2,731		232,443
*	HYBE Co. Ltd.		4,789		968,419
	Hyosung Advanced Materials Corp.		2,410		702,943
	Hyosung Corp.		9,034		445,381
	Hyosung TNC Corp.		2,612		738,433
	Hyundai Autoever Corp.		3,735		344,291
	Hyundai Department Store Co. Ltd.		6,109		236,540
	Hyundai Elevator Co. Ltd.		15,545		390,244
	Hyundai Engineering & Construction Co. Ltd.		84,807		2,609,314
	Hyundai Glovis Co. Ltd.		24,936		3,058,913
	Hyundai Marine & Fire Insurance Co. Ltd.		92,738		2,605,372
*	Hyundai Mipo Dockyard Co. Ltd.		15,813		870,435
	Hyundai Mobis Co. Ltd.		42,995		7,002,178
	Hyundai Motor Co.		62,124		9,202,383
*	Hyundai Rotem Co. Ltd.		47,080		1,161,027
	Hyundai Steel Co.		127,563		3,487,910
	Hyundai Wia Corp.		16,610		698,379
	Industrial Bank of Korea		288,314		2,171,225
	JB Financial Group Co. Ltd.		85,283		533,617
	JYP Entertainment Corp.		24,714		1,671,850
	Kakao Corp.		86,689		3,796,071
# *	Kakao Games Corp.		18,687		567,828
	KakaoBank Corp.		32,289		534,561
	Kangwon Land, Inc.		54,166		767,284
	KB Financial Group, Inc.		205,662		7,633,381
#	KB Financial Group, Inc., ADR		13,649		508,971
	KCC Corp.		4,724		787,454
#	KEPCO Engineering & Construction Co., Inc.		6,591		347,356
	KEPCO Plant Service & Engineering Co. Ltd.		13,138		351,437
	Kia Corp.		184,240		11,668,521
	KIWOOM Securities Co. Ltd.		24,961		1,754,173
	Kolon Industries, Inc.		4,690		150,514
	Korea Aerospace Industries Ltd.		28,437		1,168,074
*	Korea Electric Power Corp., Sponsored ADR		3,483		24,451
*	Korea Electric Power Corp.		92,178		1,286,935
*	Korea Gas Corp.		24,489		491,323
	Korea Investment Holdings Co. Ltd.		51,532		2,129,753
	Korea Zinc Co. Ltd.		3,605		1,385,609
	Korean Air Lines Co. Ltd.		211,121		3,621,500
*	Krafton, Inc.		8,551		1,235,238
#	KT Corp., Sponsored ADR		82,100		927,730
	KT&G Corp.		54,538		3,494,871
*	Kum Yang Co. Ltd.		7,999		401,906
	Kumho Petrochemical Co. Ltd.		35,567		3,637,029
#	L&F Co. Ltd.		6,967		1,390,697
#	LEENO Industrial, Inc.		10,832		1,087,879
	LG Chem Ltd.		19,251		10,693,606
	LG Corp.		73,098		4,784,376
# *	LG Display Co. Ltd., ADR		318,593		1,790,493
*	LG Display Co. Ltd.		254,096		2,832,610
	LG Electronics, Inc.		157,679		12,948,270
	LG H&H Co. Ltd.		3,661		1,709,489
	LG Innotek Co. Ltd.		10,305		2,051,012
	LG Uplus Corp.		406,429		3,352,376
	LIG Nex1 Co. Ltd.		8,337		488,780
	Lotte Chemical Corp.		18,445		2,324,751

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Lotte Chilsung Beverage Co. Ltd.		3,039	$	354,231
	Lotte Corp.		34,062		714,537
#	Lotte Energy Materials Corp.		12,480		564,604
	LOTTE Fine Chemical Co. Ltd.		27,002		1,240,101
#	Lotte Shopping Co. Ltd.		12,790		764,691
	LS Corp.		19,269		1,294,269
	LS Electric Co. Ltd.		17,507		829,573
	LX International Corp.		39,692		870,379
	LX Semicon Co. Ltd.		11,384		900,043
	Macquarie Korea Infrastructure Fund		276,444		2,572,936
	Meritz Financial Group, Inc.		104,754		3,605,792
	Mirae Asset Securities Co. Ltd.		333,586		1,733,285
	NAVER Corp.		38,269		5,544,233
	NCSoft Corp.		5,915		1,673,781
* W	Netmarble Corp.		17,597		856,837
	NH Investment & Securities Co. Ltd.		177,468		1,242,518
	NongShim Co. Ltd.		2,906		860,978
#	OCI Co. Ltd.		30,830		2,759,589
	Orion Corp.		17,518		1,899,267
	Ottogi Corp.		1,618		558,809
	Pan Ocean Co. Ltd.		499,545		2,038,645
*	Paradise Co. Ltd.		24,370		280,612
# *	Pearl Abyss Corp.		18,229		590,360
	POSCO Future M Co. Ltd.		8,327		2,096,052
	POSCO Holdings, Inc.		36,804		10,415,703
#	Posco International Corp.		94,648		1,902,887
*	Rainbow Robotics		1,930		139,284
	S-1 Corp.		18,458		806,123
*	Sam Chun Dang Pharm Co. Ltd.		5,104		287,983
	Samchully Co. Ltd.		1,148		131,364
* W	Samsung Biologics Co. Ltd.		5,311		3,106,180
	Samsung C&T Corp.		57,591		4,729,636
	Samsung Card Co. Ltd.		26,138		582,285
	Samsung Electro-Mechanics Co. Ltd.		40,653		4,396,427
	Samsung Electronics Co. Ltd.		3,140,501		154,525,480
*	Samsung Engineering Co. Ltd.		88,657		1,935,122
	Samsung Fire & Marine Insurance Co. Ltd.		42,125		7,086,527
*	Samsung Heavy Industries Co. Ltd.		409,134		1,742,831
	Samsung Life Insurance Co. Ltd.		63,894		3,167,602
	Samsung SDI Co. Ltd.		19,354		10,044,180
	Samsung SDS Co. Ltd.		19,448		1,710,036
	Samsung Securities Co. Ltd.		74,696		1,896,139
*	Seegene, Inc.		27,629		503,506
	Seoul City Gas Co. Ltd.		497		47,474
#	SFA Engineering Corp.		10,979		328,154
	Shinhan Financial Group Co. Ltd.		380,795		9,969,379
	Shinhan Financial Group Co. Ltd., ADR		46,849		1,230,255
	Shinsegae, Inc.		10,056		1,552,476
*	SK Biopharmaceuticals Co. Ltd.		11,551		597,318
# *	SK Bioscience Co. Ltd.		8,801		465,107
	SK Chemicals Co. Ltd.		6,497		347,022
	SK Hynix, Inc.		390,989		26,307,102
* W	SK IE Technology Co., Ltd.		6,824		396,743
*	SK Innovation Co. Ltd.		85,127		11,079,235
#	SK Networks Co. Ltd.		242,361		845,871
	SK Telecom Co. Ltd.		55,517		1,978,266
	SK, Inc.		40,728		4,966,733
	SKC Co. Ltd.		12,904		963,774
#	SL Corp.		10,180		237,185

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	SM Entertainment Co. Ltd.		9,331	$	751,864
	S-Oil Corp.		33,599		1,881,806
	Solus Advanced Materials Co. Ltd.		5,507		166,898
	Soulbrain Co. Ltd.		4,534		746,082
#	Ssangyong C&E Co. Ltd.		107,296		469,810
	ST Pharm Co. Ltd.		3,410		202,052
# *	Studio Dragon Corp.		9,633		478,075
*	Taihan Electric Wire Co. Ltd.		275,870		307,530
	Tokai Carbon Korea Co. Ltd.		1,652		123,633
	Wemade Co. Ltd.		6,379		267,332
	WONIK IPS Co. Ltd.		21,433		490,851
	Woori Financial Group, Inc.		563,198		4,953,466
	Youngone Corp.		33,353		1,103,865
	Yuhan Corp.		30,188		1,301,691
TOTAL SOUTH KOREA					558,871,746
TAIWAN — (16.6%)
	Accton Technology Corp.		390,000		3,809,871
	Acer, Inc.		3,398,811		3,352,635
#	Advanced Energy Solution Holding Co. Ltd.		18,000		404,380
	Advantech Co. Ltd.		159,190		1,927,455
#	Airtac International Group		59,602		2,163,224
	Alchip Technologies Ltd.		52,000		2,019,412
#	ASE Technology Holding Co. Ltd., ADR		27,294		187,239
#	ASE Technology Holding Co. Ltd.		2,936,782		9,654,814
	Asia Cement Corp.		2,725,758		3,904,026
	ASMedia Technology, Inc.		20,000		743,773
#	ASPEED Technology, Inc.		30,300		2,594,613
#	Asustek Computer, Inc.		627,180		5,780,691
	AUO Corp.		7,868,498		4,370,140
	Catcher Technology Co. Ltd.		760,429		4,485,861
	Cathay Financial Holding Co. Ltd.		4,347,393		6,022,790
	Chailease Holding Co. Ltd.		1,317,016		9,591,997
	Chang Hwa Commercial Bank Ltd.		4,846,777		2,810,707
	Cheng Shin Rubber Industry Co. Ltd.		2,224,965		2,742,016
	Chicony Electronics Co. Ltd.		810,497		2,560,830
	China Airlines Ltd.		4,097,536		2,541,938
	China Development Financial Holding Corp.		13,853,045		5,923,622
	China Steel Corp.		11,906,932		11,292,953
	Chipbond Technology Corp.		939,000		2,016,298
	Chroma ATE, Inc.		357,000		2,216,148
	Chung Hung Steel Corp.		940,000		751,811
	Chunghwa Telecom Co. Ltd., Sponsored ADR		111,161		4,582,056
	Chunghwa Telecom Co. Ltd.		683,000		2,826,141
	Compal Electronics, Inc.		5,016,541		3,914,898
#	Compeq Manufacturing Co. Ltd.		859,000		1,210,072
#	CTBC Financial Holding Co. Ltd.		16,024,175		11,812,032
	Delta Electronics, Inc.		743,486		7,283,166
#	E Ink Holdings, Inc.		530,000		3,301,960
#	E.Sun Financial Holding Co. Ltd.		9,932,560		8,077,665
	Eclat Textile Co. Ltd.		142,402		2,267,756
	Elite Material Co. Ltd.		288,000		1,540,481
	eMemory Technology, Inc.		64,000		3,826,671
	Eternal Materials Co. Ltd.		768,161		809,977
	Eva Airways Corp.		3,730,758		3,271,508
	Evergreen Marine Corp. Taiwan Ltd.		1,466,289		7,744,232
	Far Eastern International Bank		488,111		178,107
	Far Eastern New Century Corp.		3,328,085		3,459,481
	Far EasTone Telecommunications Co. Ltd.		1,581,000		4,062,169

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Faraday Technology Corp.		122,000	$	656,300
	Farglory Land Development Co. Ltd.		48,000		95,979
	Feng TAY Enterprise Co. Ltd.		301,559		1,876,090
	First Financial Holding Co. Ltd.		8,143,665		7,193,163
	Formosa Chemicals & Fibre Corp.		3,067,518		6,884,097
	Formosa Petrochemical Corp.		487,000		1,377,860
	Formosa Plastics Corp.		1,714,153		5,243,794
#	Formosa Sumco Technology Corp.		91,000		444,192
	Formosa Taffeta Co. Ltd.		699,000		644,514
	Foxconn Technology Co. Ltd.		1,025,627		1,803,411
	Fubon Financial Holding Co. Ltd.		3,783,631		7,286,894
#	Genius Electronic Optical Co. Ltd.		112,695		1,367,547
	Giant Manufacturing Co. Ltd.		408,810		2,452,212
	Gigabyte Technology Co. Ltd.		662,000		2,834,733
#	Global Unichip Corp.		76,000		2,479,475
#	Globalwafers Co. Ltd.		208,000		3,268,977
	Highwealth Construction Corp.		1,091,971		1,495,548
	Hiwin Technologies Corp.		382,291		2,936,451
	Hon Hai Precision Industry Co. Ltd.		5,647,322		19,243,520
	Hotai Finance Co. Ltd.		113,000		487,920
	Hotai Motor Co. Ltd.		98,000		2,112,453
*	HTC Corp.		191,000		354,494
	Hua Nan Financial Holdings Co. Ltd.		6,943,500		4,958,313
	Innolux Corp.		10,807,863		4,734,712
	International Games System Co. Ltd.		146,000		2,549,807
	Inventec Corp.		2,595,550		2,799,672
#	King Yuan Electronics Co. Ltd.		1,629,000		2,500,107
	King’s Town Bank Co. Ltd.		329,000		377,683
	Kinsus Interconnect Technology Corp.		315,000		1,140,137
	Largan Precision Co. Ltd.		74,860		4,915,469
	Lien Hwa Industrial Holdings Corp.		866,061		1,723,004
#	Lite-On Technology Corp.		2,591,410		6,207,776
	Lotes Co. Ltd.		61,700		1,769,208
#	Lotus Pharmaceutical Co. Ltd.		78,000		661,044
#	Macronix International Co. Ltd.		2,734,074		2,875,054
	Makalot Industrial Co. Ltd.		238,000		1,728,535
	MediaTek, Inc.		759,995		16,525,209
#	Mega Financial Holding Co. Ltd.		8,514,028		9,445,767
#	Merida Industry Co. Ltd.		207,287		1,160,798
	Micro-Star International Co. Ltd.		878,000		4,173,138
#	momo.com, Inc.		63,000		1,707,047
	Nan Ya Plastics Corp.		2,002,599		5,089,757
	Nan Ya Printed Circuit Board Corp.		393,000		3,538,162
#	Nanya Technology Corp.		1,356,010		3,005,319
	Nien Made Enterprise Co. Ltd.		143,000		1,574,451
#	Novatek Microelectronics Corp.		839,000		11,470,060
#	Nuvoton Technology Corp.		171,000		745,055
# *	Oneness Biotech Co. Ltd.		141,000		1,109,326
#	Parade Technologies Ltd.		59,000		1,807,023
	Pegatron Corp.		1,911,345		4,361,983
*	PharmaEssentia Corp.		91,869		1,108,289
	Phison Electronics Corp.		152,000		1,929,397
# *	Polaris Group		142,000		440,150
	Pou Chen Corp.		2,506,487		2,596,456
	Powerchip Semiconductor Manufacturing Corp.		4,114,000		3,997,110
	Powertech Technology, Inc.		1,161,819		3,478,900
	Poya International Co. Ltd.		13,000		243,322
#	President Chain Store Corp.		347,831		3,064,357
	Qisda Corp.		1,617,000		1,824,542

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Quanta Computer, Inc.		2,513,000	$	7,036,528
#	Radiant Opto-Electronics Corp.		584,000		2,151,873
	Realtek Semiconductor Corp.		618,950		7,258,409
	Ruentex Development Co. Ltd.		1,167,224		1,363,923
	Ruentex Industries Ltd.		715,214		1,348,157
	Shanghai Commercial & Savings Bank Ltd.		2,982,718		4,511,023
	Shin Kong Financial Holding Co. Ltd.		13,710,712		3,747,211
#	Silergy Corp.		133,000		2,099,316
	Simplo Technology Co. Ltd.		216,000		2,168,329
	Sinbon Electronics Co. Ltd.		178,000		1,973,546
#	Sino-American Silicon Products, Inc.		758,000		3,653,279
#	SinoPac Financial Holdings Co. Ltd.		9,656,630		5,255,135
	Standard Foods Corp.		426,418		560,946
	Synnex Technology International Corp.		1,370,343		2,765,189
#	TA Chen Stainless Pipe		2,019,823		2,929,287
	Taichung Commercial Bank Co. Ltd.		3,341,796		1,534,566
	Taishin Financial Holding Co. Ltd.		10,372,425		5,851,868
	Taiwan Business Bank		7,257,274		3,298,518
	Taiwan Cement Corp.		5,147,701		6,493,856
	Taiwan Cooperative Financial Holding Co. Ltd.		7,034,365		6,131,628
	Taiwan FamilyMart Co. Ltd.		48,000		327,845
	Taiwan Fertilizer Co. Ltd.		723,000		1,392,143
#	Taiwan Glass Industry Corp.		1,363,375		903,045
	Taiwan High Speed Rail Corp.		1,323,000		1,337,900
	Taiwan Mobile Co. Ltd.		904,300		3,046,974
	Taiwan Secom Co. Ltd.		247,670		875,106
	Taiwan Semiconductor Manufacturing Co. Ltd.		13,416,808		219,708,193
*	Tatung Co. Ltd.		1,748,000		1,856,690
	Teco Electric & Machinery Co. Ltd.		1,902,000		2,738,154
	Tripod Technology Corp.		623,870		2,338,668
	Tung Ho Steel Enterprise Corp.		321,040		603,760
	U-Ming Marine Transport Corp.		289,000		513,418
	Unimicron Technology Corp.		1,861,000		8,842,253
	Union Bank Of Taiwan		344,000		180,462
	Uni-President Enterprises Corp.		4,367,033		10,469,338
	United Microelectronics Corp.		6,709,000		10,790,459
#	Vanguard International Semiconductor Corp.		1,550,000		4,392,874
#	VisEra Technologies Co. Ltd.		94,000		662,319
	Voltronic Power Technology Corp.		75,224		4,325,382
	Walsin Lihwa Corp.		2,237,818		3,634,107
	Walsin Technology Corp.		395,000		1,231,333
	Wan Hai Lines Ltd.		1,233,747		2,623,026
	Win Semiconductors Corp.		416,034		2,221,230
#	Winbond Electronics Corp.		4,548,407		3,859,831
* ††	Wintek Corp.		604,760		0
#	Wisdom Marine Lines Co. Ltd.		390,000		816,340
	Wistron Corp.		4,067,699		6,165,490
#	Wiwynn Corp.		53,000		2,017,001
	WPG Holdings Ltd.		1,859,039		3,029,760
	WT Microelectronics Co. Ltd.		194,000		420,095
	Yageo Corp.		316,055		5,123,550
	Yang Ming Marine Transport Corp.		2,364,000		4,876,896
	YFY, Inc.		1,334,000		1,339,810
	Yuanta Financial Holding Co. Ltd.		8,782,849		6,465,121
	Yulon Finance Corp.		370,476		2,230,869
	Yulon Motor Co. Ltd.		491,000		1,291,003
	Zhen Ding Technology Holding Ltd.		971,700		3,539,893
TOTAL TAIWAN					758,236,304

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
THAILAND — (2.3%)
	Advanced Info Service PCL		733,300	$	4,595,540
	AEON Thana Sinsap Thailand PCL		149,100		842,706
*	Airports of Thailand PCL		1,898,400		4,072,269
	AP Thailand PCL		2,067,400		762,845
	Asset World Corp. PCL		5,732,900		889,798
	B Grimm Power PCL		486,900		552,526
	Bangchak Corp. PCL		1,934,400		1,713,613
	Bangkok Bank PCL		529,400		2,434,023
	Bangkok Bank PCL, NVDR		126,700		582,529
	Bangkok Chain Hospital PCL		1,872,500		1,189,933
	Bangkok Commercial Asset Management PCL		1,838,500		710,687
	Bangkok Dusit Medical Services PCL, Class F		4,406,100		3,774,169
	Bangkok Expressway & Metro PCL		3,479,999		901,911
	Bangkok Life Assurance PCL, NVDR		618,200		506,907
	Banpu PCL		8,790,166		2,342,500
	Banpu Power PCL		669,100		266,484
	Berli Jucker PCL		1,097,400		1,253,345
*	Beyond Securities PCL		723,900		156,874
	BTS Group Holdings PCL		5,069,500		1,143,134
	Bumrungrad Hospital PCL		251,300		1,751,502
	Carabao Group PCL, Class F		163,600		342,555
	Central Pattana PCL		882,500		1,757,376
*	Central Plaza Hotel PCL		249,800		400,514
	Central Retail Corp. PCL		1,073,050		1,406,223
	CH Karnchang PCL		1,238,600		765,340
	Charoen Pokphand Foods PCL		2,634,700		1,566,276
	Chularat Hospital PCL, Class F		6,843,700		701,455
	CK Power PCL		1,368,200		153,057
	Com7 PCL, Class F		992,700		734,041
	CP ALL PCL		2,280,200		4,323,683
	Delta Electronics Thailand PCL		1,175,500		2,504,360
	Dohome PCL		881,450		332,988
	Electricity Generating PCL		120,500		552,259
	Energy Absolute PCL		698,900		1,386,645
	Esso Thailand PCL		1,807,500		460,510
	Forth Corp. PCL		260,000		211,289
	Global Power Synergy PCL, Class F		282,900		530,217
	Gulf Energy Development PCL		1,161,100		1,725,626
	Gunkul Engineering PCL		5,933,900		656,860
	Hana Microelectronics PCL		505,600		614,464
	Home Product Center PCL		3,733,413		1,530,647
	Indorama Ventures PCL		1,401,500		1,395,446
	Intouch Holdings PCL, Class F		356,100		782,122
	IRPC PCL		13,060,400		902,630
#	JMT Network Services PCL		366,853		424,356
	Kasikornbank PCL		121,700		445,494
	Kasikornbank PCL, NVDR		5,500		20,133
	KCE Electronics PCL		1,036,100		1,152,992
	Kiatnakin Phatra Bank PCL		304,700		535,383
	Krung Thai Bank PCL		1,429,987		753,782
	Krungthai Card PCL		619,200		956,521
	Land & Houses PCL		6,942,300		1,992,373
	Mega Lifesciences PCL		451,400		541,984
	Minor International PCL		2,018,183		1,861,711
	MK Restaurants Group PCL		299,100		431,384
	Muangthai Capital PCL		986,600		982,338
	Ngern Tid Lor PCL		854,987		530,807
	Osotspa PCL		947,200		818,285
	Plan B Media PCL, Class F		1,179,900		281,607

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
*	PSG Corp. PCL		5,000,400	$	152,293
	PTT Exploration & Production PCL		1,189,455		5,155,263
	PTT Global Chemical PCL		1,100,472		1,337,421
	PTT Oil & Retail Business PCL		1,224,300		795,943
	PTT PCL		6,973,400		6,330,636
	Ramkhamhaeng Hospital PCL, Class F		28,200		43,769
	Ratch Group PCL		487,100		538,488
	SCB X PCL		355,366		1,077,103
	SCG Packaging PCL		807,500		1,040,486
	SCGJWD Logistics PCL		310,400		163,620
	Siam Cement PCL		347,900		3,199,080
	Siam City Cement PCL		127,189		500,971
	Siam Global House PCL		1,608,845		805,659
	Sri Trang Agro-Industry PCL		1,139,508		657,392
	Sri Trang Gloves Thailand PCL		333,900		88,981
	Srisawad Corp. PCL		538,072		874,530
	Star Petroleum Refining PCL		2,954,000		839,119
*	STARK Corp. PCL		3,710,200		258,592
	Supalai PCL		1,627,800		1,010,597
	Thai Oil PCL		1,979,917		2,696,131
	Thai Union Group PCL, Class F		3,062,540		1,237,662
	Thanachart Capital PCL		288,600		365,530
	Thonburi Healthcare Group PCL		463,300		909,030
	Tisco Financial Group PCL		239,500		632,986
	TMBThanachart Bank PCL		24,924,697		1,058,374
	TOA Paint Thailand PCL		590,800		506,066
	True Corp. PCL		12,676,342		2,951,224
	TTW PCL		1,054,700		267,169
	VGI PCL		3,956,670		389,323
	Vibhavadi Medical Center PCL		746,200		56,816
	WHA Corp. PCL		8,501,900		1,095,493
TOTAL THAILAND					104,944,775
TURKEY — (0.8%)
	Akbank TAS		4,185,053		3,460,178
	Aksa Akrilik Kimya Sanayii AS		70,213		236,962
#	Aksa Enerji Uretim AS		237,721		342,056
	Alarko Holding AS		118,668		359,687
	Anadolu Efes Biracilik Ve Malt Sanayii AS		233,644		756,685
	Arcelik AS		76,332		380,350
	Aselsan Elektronik Sanayi Ve Ticaret AS		194,514		447,571
	BIM Birlesik Magazalar AS		255,274		2,051,124
	Borusan Yatirim ve Pazarlama AS		2,256		99,041
	Coca-Cola Icecek AS		71,761		869,211
	Dogus Otomotiv Servis ve Ticaret AS		37,792		237,901
W	Enerjisa Enerji AS		161,809		232,048
	Enka Insaat ve Sanayi AS		775,859		1,091,831
	Eregli Demir ve Celik Fabrikalari TAS		701,327		1,196,733
	Ford Otomotiv Sanayi AS		45,341		1,253,328
*	Girisim Elektrik Taahhut Ticaret Ve Sanayi AS		94,949		327,448
# *	Gubre Fabrikalari TAS		51,075		531,178
*	Hektas Ticaret TAS		644,127		893,198
	KOC Holding AS		446,849		1,739,663
	Kontrolmatik Enerji Ve Muhendislik AS		13,100		89,114
	Koza Altin Isletmeleri AS		577,665		561,796
*	Migros Ticaret AS		19,536		175,281
	Otokar Otomotiv Ve Savunma Sanayi AS		7,991		345,318
*	Oyak Cimento Fabrikalari AS		248,696		386,282
*	Pegasus Hava Tasimaciligi AS		65,057		1,485,702

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TURKEY — (Continued)
# *	Petkim Petrokimya Holding AS		1,033,711	$	691,481
*	Sasa Polyester Sanayi AS		183,609		941,675
*	TAV Havalimanlari Holding AS		190,894		692,314
	Tofas Turk Otomobil Fabrikasi AS		84,552		835,173
*	Turk Hava Yollari AO		306,328		2,014,536
	Turk Telekomunikasyon AS		579,646		485,471
	Turk Traktor ve Ziraat Makineleri AS		11,969		343,540
	Turkcell Iletisim Hizmetleri AS		1,089,227		1,855,544
	Turkiye Garanti Bankasi AS		269,677		380,227
# *	Turkiye Halk Bankasi AS		897,775		485,704
	Turkiye Is Bankasi AS, Class C		2,062,152		1,149,464
	Turkiye Petrol Rafinerileri AS		534,638		1,825,722
	Turkiye Sise ve Cam Fabrikalari AS		582,052		1,104,227
*	Turkiye Vakiflar Bankasi TAO, Class D		1,455,157		644,275
	Yapi ve Kredi Bankasi AS		4,304,560		2,100,162
TOTAL TURKEY					35,099,201
UNITED ARAB EMIRATES — (1.5%)
	Abu Dhabi Commercial Bank PJSC		2,540,828		6,104,716
	Abu Dhabi Islamic Bank PJSC		1,857,753		5,755,453
	Abu Dhabi National Oil Co. for Distribution PJSC		2,078,002		2,485,803
	ADNOC Drilling Co. PJSC		618,746		723,319
	Aldar Properties PJSC		3,758,564		5,543,832
*	Alpha Dhabi Holding PJSC		168,248		1,008,532
	Dubai Islamic Bank PJSC		4,239,396		6,431,653
	Emaar Properties PJSC		5,686,291		9,218,959
	Emirates Integrated Telecommunications Co. PJSC		170,582		234,845
	Emirates NBD Bank PJSC		1,644,120		6,323,756
	Emirates Telecommunications Group Co. PJSC		1,754,520		11,485,010
	Fertiglobe PLC		485,311		508,272
	First Abu Dhabi Bank PJSC		2,151,830		8,320,713
*	International Holding Co. PJSC		24,261		2,609,445
TOTAL UNITED ARAB EMIRATES					66,754,308
UNITED STATES — (0.0%)
	Sempra Energy		9,588		1,459,048
TOTAL COMMON STOCKS					4,478,504,181
PREFERRED STOCKS — (1.0%)
BRAZIL — (1.0%)
	Banco Bradesco SA		2,373,138		6,589,671
	Braskem SA Class A		82,539		327,488
	Centrais Eletricas Brasileiras SA Class B		103,746		757,326
	Cia Energetica de Minas Gerais		1,094,369		2,709,703
	Cia Paranaense de Energia		1,292,740		2,078,627
	CTEEP-Cia de Transmissao de Energia Eletrica Paulista		122,300		565,182
	Gerdau SA		685,876		3,462,520
	Itau Unibanco Holding SA		2,317,176		12,041,622
	Petroleo Brasileiro SA		2,952,047		14,026,929
	Raizen SA		396,390		253,515
TOTAL BRAZIL					42,812,583
CHILE — (0.0%)
	Embotelladora Andina SA Class B		345,331		865,071
COLOMBIA — (0.0%)
	Banco Davivienda SA		33,984		152,632

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
COLOMBIA — (Continued)
	Grupo Aval Acciones y Valores SA		1,535,608	$	192,196
	Grupo de Inversiones Suramericana SA		84,488		208,612
TOTAL COLOMBIA					553,440
SOUTH KOREA — (0.0%)
	Hanwha Galleria Co. Ltd.		462		4,033
*	Hanwha Solutions Corp.		409		11,103
TOTAL SOUTH KOREA					15,136
TOTAL PREFERRED STOCKS					44,246,230
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*	Localiza Rent a Car SA Rights 05/11/23		1,034		3,557
TAIWAN — (0.0%)
*	Acer, Inc. Rights 06/16/23		1,516		0
THAILAND — (0.0%)
*	Kiatnakin Phatra Bank PCL Warrants 04/26/24		50,782		0
TOTAL RIGHTS/WARRANTS					3,557
TOTAL INVESTMENT SECURITIES (Cost $2,950,309,237)					4,522,753,968
				Value†
SECURITIES LENDING COLLATERAL — (0.8%)
@ §	The DFA Short Term Investment Fund		3,072,381		35,538,231
TOTAL INVESTMENTS — (100.0%) (Cost $2,985,843,039)				$	4,558,292,199

ADR American Depositary Receipt

CP Certificate Participation

GDR Global Depositary Receipt

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

As of April 30, 2023, The Emerging Markets Series had entered into the following outstanding futures contracts:

Description	Number of Contracts	Expiration Date	Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index	630	06/16/23	$	30,369,756	$	31,002,300	$	632,544
Total Futures Contracts			$	30,369,756	$	31,002,300	$	632,544

THE EMERGING MARKETS SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	171,386,070		—		—	$	171,386,070
Chile		10,431,987	$	12,093,344		—		22,525,331
China		161,877,202		1,089,712,420		—		1,251,589,622
Colombia		4,573,360		62,362		—		4,635,722
Czech Republic		—		9,694,368		—		9,694,368
Egypt		62,814		1,535,730		—		1,598,544
Greece		—		19,443,115		—		19,443,115
Hungary		—		11,972,072		—		11,972,072
India		28,128,506		669,368,263	$	565,969		698,062,738
Indonesia		—		96,310,635		—		96,310,635
Kuwait		8,697,541		1,065,700		—		9,763,241
Malaysia		—		73,832,068		—		73,832,068
Mexico		118,366,062		—		—		118,366,062
Peru		5,185,120		—		—		5,185,120
Philippines		54,068		34,525,378		—		34,579,446
Poland		—		40,365,337		—		40,365,337
Qatar		—		37,697,226		—		37,697,226
Saudi Arabia		—		182,912,530		—		182,912,530
South Africa		27,448,374		135,771,178		—		163,219,552
South Korea		4,559,307		554,312,439		—		558,871,746
Taiwan		4,769,295		753,467,009		—		758,236,304
Thailand		96,416,994		8,527,781		—		104,944,775
Turkey		—		35,099,201		—		35,099,201
United Arab Emirates		—		66,754,308		—		66,754,308
United States		—		1,459,048		—		1,459,048
Preferred Stocks
Brazil		42,812,583		—		—		42,812,583
Chile		—		865,071		—		865,071
Colombia		553,440		—		—		553,440
South Korea		4,033		11,103		—		15,136
Rights/Warrants
Brazil		—		3,557		—		3,557
Securities Lending Collateral		—		35,538,231		—		35,538,231
Futures Contracts**		632,544		—		—		632,544
TOTAL	$	685,959,300	$	3,872,399,474	$	565,969^	$	4,558,924,743

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

THE EMERGING MARKETS SMALL CAP SERIES

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

		Shares		Value»
COMMON STOCKS — (98.2%)
BRAZIL — (4.3%)
*	3R Petroleum Oleo E Gas SA		438,418	$	2,783,732
	AES Brasil Energia SA		1,043,419		2,234,194
	Aliansce Sonae Shopping Centers SA		1,460,427		5,457,789
	Allied Tecnologia SA		28,000		26,160
	Alper Consultoria e Corretora de Seguros SA		23,800		130,743
	Alupar Investimento SA		491,661		2,665,406
	Ambipar Participacoes e Empreendimentos SA		128,000		526,084
*	Anima Holding SA		1,034,673		479,188
	Arezzo Industria e Comercio SA		189,554		2,522,674
	Auren Energia SA		919,004		2,907,471
	Banco Modal SA		653,700		256,877
	Bemobi Mobile Tech SA		205,680		563,705
*	Blau Farmaceutica SA		53,900		214,831
	Boa Safra Sementes SA		26,347		57,894
	Boa Vista Servicos SA		347,070		523,270
	BrasilAgro - Co. Brasileira de Propriedades Agricolas		214,452		1,038,767
*	BRF SA		2,061,492		2,620,366
	Brisanet Participacoes SA		139,814		69,237
*	C&A MODAS SA		253,220		141,135
	Camil Alimentos SA		516,308		745,302
*	Centro De Imagem Diagnosticos SA		30,126		138,013
	Cia Brasileira de Aluminio		435,877		461,412
*	Cia Brasileira de Distribuicao		547,826		1,647,498
	Cia de Saneamento de Minas Gerais Copasa MG		623,774		2,131,021
	Cia de Saneamento do Parana		1,214,637		4,626,910
	Cia de Saneamento do Parana		580,996		429,824
	Cia Paranaense de Energia		164,184		234,041
	Cielo SA		3,678,592		4,026,848
*	Clear Sale SA		48,757		57,185
	CM Hospitalar SA		3,200		10,188
*	Cogna Educacao SA		6,244,153		2,553,846
*	Construtora Tenda SA		313,778		367,389
	Cruzeiro do Sul Educacional SA		209,500		102,066
	CSU Digital SA		83,114		191,630
	Cury Construtora e Incorporadora SA		400,727		994,627
	Cyrela Brazil Realty SA Empreendimentos e Participacoes		969,968		3,004,532
W	Desktop - Sigmanet Comunicacao Multimidia S.A		6,500		11,494
	Dexco SA		1,176,010		1,388,728
	Diagnosticos da America SA		37,900		64,208
	Dimed SA Distribuidora da Medicamentos		269,932		561,749
	Direcional Engenharia SA		326,075		1,026,380
	EcoRodovias Infraestrutura e Logistica SA		880,278		1,088,920
	EDP - Energias do Brasil SA		906,678		4,090,031
*	Embraer SA		1,203,609		4,686,252
*	Embraer SA, Sponsored ADR		378,377		5,845,925
	Empreendimentos Pague Menos SA		348,484		205,410
	Enauta Participacoes SA		355,424		823,038
	Eternit SA		140,900		264,410
	Even Construtora e Incorporadora SA		305,894		309,709
	Ez Tec Empreendimentos e Participacoes SA		365,756		1,065,488
	Fleury SA		787,939		2,293,772
	Fras-Le SA		147,599		277,573
*	Gafisa SA		22,400		25,733
	Gafisa SA, ADR		7,812		25,935
#	Gol Linhas Aereas Inteligentes SA, ADR		115,341		309,114

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
W	GPS Participacoes e Empreendimentos SA		766,600	$	1,935,020
	Grendene SA		918,223		1,504,046
	Grupo De Moda Soma SA		1,521,016		2,561,557
*	Grupo Mateus SA		1,320,700		1,458,971
	Grupo SBF SA		257,424		396,370
	Guararapes Confeccoes SA		374,231		317,374
*	Hidrovias do Brasil SA		1,155,557		593,092
* ††	Hua Han Health Industry Holdings Ltd.		20,183,698		0
	Instituto Hermes Pardini SA		186,158		755,784
	Intelbras SA Industria de Telecomunicacao Eletronica Brasileira		232,200		1,050,715
*	International Meal Co. Alimentacao SA, Class A		623,142		262,360
	Iochpe-Maxion SA		422,811		962,129
	Irani Papel e Embalagem SA		231,417		402,723
*	IRB-Brasil Resseguros SA		120,133		757,965
	Jalles Machado SA		209,950		330,849
	JHSF Participacoes SA		1,192,106		927,337
	JSL SA		194,936		281,394
	Kepler Weber SA		467,224		675,385
	Lavvi Empreendimentos Imobiliarios Ltda		287,100		310,826
	Light SA		1,212,280		782,618
* W	Locaweb Servicos de Internet SA		1,420,258		1,497,766
	LOG Commercial Properties e Participacoes SA		157,972		519,098
*	Log-in Logistica Intermodal SA		183,971		1,426,312
*	Lojas Quero Quero SA		349,679		288,139
	Lojas Renner SA		1,067,087		3,388,800
	LPS Brasil-Consultoria de Imoveis SA		164,100		57,246
	M Dias Branco SA		288,411		1,653,746
	Mahle Metal Leve SA		130,012		749,397
	Marcopolo SA		518,000		289,751
* W	Meliuz SA		1,498,816		258,427
	Melnick Even Desenvolvimento Imobiliario SA		73,800		51,342
	Mills Estruturas e Servicos de Engenharia SA		596,620		1,094,485
	Minerva SA		910,248		1,560,331
W	Mitre Realty Empreendimentos E Participacoes LTDA		65,200		47,582
*	Moura Dubeux Engenharia SA		170,500		190,402
	Movida Participacoes SA		509,747		879,931
	MRV Engenharia e Participacoes SA		1,042,403		1,504,732
	Multilaser Industrial SA		391,650		156,258
	Natura & Co. Holding SA		538,546		1,194,178
*	Oceanpact Servicos Maritimos SA		34,400		20,828
	Odontoprev SA		1,124,788		2,255,078
*	Omega Energia SA		841,100		1,558,155
*	Orizon Valorizacao de Residuos SA		99,022		680,952
	Pet Center Comercio e Participacoes SA		505,004		624,699
*	Petro Rio SA		603,310		4,203,265
	Petroreconcavo SA		378,355		1,492,848
	Plano & Plano Desenvolvimento Imobiliario SA		32,900		40,368
	Porto Seguro SA		581,834		2,931,450
	Portobello SA		256,777		310,431
	Positivo Tecnologia SA		430,780		646,887
	Qualicorp Consultoria e Corretora de Seguros SA		599,143		476,883
	Romi SA		171,446		514,909
	Santos Brasil Participacoes SA		1,486,278		2,520,933
	Sao Carlos Empreendimentos e Participacoes SA		86,509		284,270
	Sao Martinho SA		710,576		4,473,332
	SIMPAR SA		1,574,212		2,420,748
	Sinqia SA		83,881		267,730
	SLC Agricola SA		406,879		3,548,503
	SYN prop e tech SA		130,400		88,889

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
	Tegma Gestao Logistica SA		119,259	$	450,467
	TOTVS SA		1,646,258		8,469,262
	Transmissora Alianca de Energia Eletrica SA		1,318,523		9,640,830
	Tres Tentos Agroindustrial SA		169,796		369,359
	Trisul SA		309,282		218,267
	Tupy SA		277,472		1,240,552
	Ultrapar Participacoes SA		2,149,572		6,223,148
	Unipar Carbocloro SA		28,814		362,500
	Usinas Siderurgicas de Minas Gerais SA Usiminas		264,962		374,510
	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		216,450		456,525
	Vamos Locacao de Caminhoes Maquinas e Equipamentos SA		886,049		2,170,800
*	Via SA		3,988,077		1,471,202
	Vibra Energia SA		499,267		1,321,289
	Vittia Fertilizantes E Biologicos SA		13,000		29,087
	Vivara Participacoes SA		329,893		1,409,443
	Vulcabras Azaleia SA		423,585		1,130,341
	Wilson Sons Holdings Brasil SA		296,687		594,825
	Wiz Co.		232,044		274,947
	YDUQS Participacoes SA		989,037		1,610,125
	Zamp SA		20,600		17,346
*	Zamp SA		701,929		591,063
TOTAL BRAZIL					172,167,208
CHILE — (0.7%)
	Aguas Andinas SA, Class A		3,344,611		1,010,945
	Banco Itau Chile SA		179,511,959		404,722
	Besalco SA		2,200,594		1,100,174
*	Camanchaca SA		1,471,136		101,125
	CAP SA		150,738		1,055,213
*	Cementos BIO BIO SA		352,724		284,451
	Cencosud Shopping SA		30,918		49,025
	Cia Sud Americana de Vapores SA		12,332,275		1,260,191
	Colbun SA		10,471,395		1,465,931
	Cristalerias de Chile SA		130,323		479,156
	Embotelladora Andina SA, ADR, Class B		22,984		347,518
	Empresa Nacional de Telecomunicaciones SA		461,999		1,921,824
	Empresas Hites SA		1,014,682		118,783
	Empresas Lipigas SA		6,383		21,268
	Empresas Tricot SA		70,631		21,728
*	Engie Energia Chile SA		1,948,129		1,507,824
	Forus SA		414,760		747,570
	Grupo Security SA		4,943,566		1,041,134
	Hortifrut SA		127,405		201,465
	Instituto de Diagnostico SA		2,928		4,680
	Inversiones Aguas Metropolitanas SA		1,259,734		873,894
	Inversiones La Construccion SA		84,822		535,884
	Masisa SA		3,130,567		115,915
	Multiexport Foods SA		3,785,079		1,064,370
	Parque Arauco SA		1,961,582		2,779,869
	PAZ Corp. SA		1,106,246		606,383
	Plaza SA		39,231		50,299
	Ripley Corp. SA		2,369,204		480,738
	Salfacorp SA		1,516,256		615,518
	Sigdo Koppers SA		1,164,083		1,643,920
	SMU SA		5,617,171		981,135
	Sociedad Matriz SAAM SA		34,982,176		3,566,904
	Socovesa SA		2,516,932		293,084
	SONDA SA		1,180,254		603,659

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHILE — (Continued)
	Vina Concha y Toro SA		1,999,834	$	2,378,743
TOTAL CHILE					29,735,042
CHINA — (24.8%)
*	361 Degrees International Ltd.		3,755,000		2,121,191
W	3SBio, Inc.		4,858,000		4,867,530
	5I5J Holding Group Co. Ltd., Class A		700,900		317,481
* ††	A Metaverse Co.		550,000		2,032
# *	AAC Technologies Holdings, Inc.		2,432,000		5,141,679
W	AAG Energy Holdings Ltd.		2,416,601		506,308
	Addsino Co. Ltd., Class A		211,200		309,651
*	Advanced Technology & Materials Co. Ltd., Class A		163,700		207,833
	Aerospace Hi-Tech Holdings Group Ltd., Class A		279,103		391,520
*	Agile Group Holdings Ltd.		4,656,000		947,309
	Ajisen China Holdings Ltd.		2,398,000		299,970
W	Ak Medical Holdings Ltd.		1,776,000		2,386,872
*	Alibaba Pictures Group Ltd.		42,090,000		2,678,470
W	A-Living Smart City Services Co. Ltd.		2,499,000		2,007,034
	All Winner Technology Co. Ltd., Class A		114,010		435,931
#* W	Alliance International Education Leasing Holdings Ltd.		2,040,000		1,434,424
	Allmed Medical Products Co. Ltd., Class A		90,100		149,232
	Amoy Diagnostics Co. Ltd., Class A		95,269		387,377
*	An Hui Wenergy Co. Ltd., Class A		614,902		483,149
	Angang Steel Co. Ltd., Class H		5,932,999		1,970,877
	Anhui Construction Engineering Group Co. Ltd., Class A		666,590		607,502
	Anhui Expressway Co. Ltd., Class H		1,776,000		1,809,334
	Anhui Genuine New Materials Co. Ltd., Class A		91,300		124,581
	Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A		375,829		506,278
	Anhui Huilong Agricultural Means of Production Co. Ltd., Class A		158,800		190,118
	Anhui Jianghuai Automobile Group Corp. Ltd., Class A		222,419		378,434
	Anhui Jiangnan Chemical Industry Co. Ltd., Class A		706,440		536,082
	Anhui Jinhe Industrial Co. Ltd., Class A		54,100		201,767
	Anhui Korrun Co. Ltd., Class A		46,866		111,351
*	Anhui Tatfook Technology Co. Ltd., Class A		82,300		108,613
	Anhui Transport Consulting & Design Institute Co. Ltd., Class A		31,100		52,041
	Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A		368,400		380,031
	Anhui Xinhua Media Co. Ltd., Class A		138,900		158,956
	Anhui Zhongding Sealing Parts Co. Ltd., Class A		227,500		384,189
	Anji Microelectronics Technology Shanghai Co. Ltd., Class A		15,102		589,883
* W	Antengene Corp. Ltd.		700,000		241,763
*	Anton Oilfield Services Group		8,368,000		486,861
	Aoshikang Technology Co. Ltd., Class A		82,400		478,707
*	Aotecar New Energy Technology Co. Ltd., Class A		166,300		62,063
*	Aowei Holdings Ltd.		1,451,000		127,219
* ††	Aoyuan Healthy Life Group Co. Ltd.		194,000		8,620
	ApicHope Pharmaceutical Co. Ltd., Class A		95,180		660,039
	APT Satellite Holdings Ltd.		580,000		187,157
	Archermind Technology Nanjing Co. Ltd., Class A		20,300		131,045
#* W	Archosaur Games, Inc.		570,000		362,389
	Art Group Holdings Ltd.		320,000		9,767
* W	Ascletis Pharma, Inc.		610,000		198,247
	Asia Cement China Holdings Corp.		2,216,500		972,541
*	Asia Cuanon Technology Shanghai Co. Ltd., Class A		46,340		66,119
W	AsiaInfo Technologies Ltd.		597,200		1,093,254
	AviChina Industry & Technology Co. Ltd., Class H		9,654,000		5,218,102
	Bafang Electric Suzhou Co. Ltd., Class A		18,200		234,684
W	BAIC Motor Corp. Ltd., Class H		6,837,500		1,924,345
W	BAIOO Family Interactive Ltd.		2,912,000		158,313
	Bank of Chongqing Co. Ltd., Class H		2,506,000		1,422,125

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Bank of Tianjin Co. Ltd., Class H		100,000	$	23,840
#* W	Bank of Zhengzhou Co. Ltd., Class H		738,100		101,676
*	Baosheng Science & Technology Innovation Co. Ltd., Class A		191,902		135,146
*	Baoye Group Co. Ltd., Class H		1,132,000		604,714
*	Baozun, Inc., Sponsored ADR		142,706		660,729
	BBMG Corp., Class H		7,209,000		929,964
	Bear Electric Appliance Co. Ltd., Class A		34,847		424,560
	Befar Group Co. Ltd., Class A		403,200		293,432
	Beibuwan Port Co. Ltd., Class A		176,381		218,437
	Beijing Aosaikang Pharmaceutical Co. Ltd., Class A		161,350		262,376
	Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A		66,820		421,265
	Beijing Capital Development Co. Ltd., Class A		422,476		273,034
*	Beijing Capital International Airport Co. Ltd., Class H		7,250,000		5,648,088
	Beijing Career International Co. Ltd., Class A		41,600		244,691
	Beijing Certificate Authority Co. Ltd., Class A		77,387		369,390
#	Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H		88,000		224,924
	Beijing Ctrowell Technology Corp. Ltd., Class A		39,400		53,603
	Beijing Dahao Technology Corp. Ltd., Class A		79,000		168,548
*	Beijing Energy International Holding Co. Ltd.		19,934,000		494,604
	Beijing Enterprises Holdings Ltd.		1,690,500		7,015,554
	Beijing Enterprises Water Group Ltd.		14,360,000		3,646,521
* ††	Beijing Gas Blue Sky Holdings Ltd.		3,000,000		38,064
	Beijing GeoEnviron Engineering & Technology, Inc., Class A		368,468		525,772
	Beijing Haixin Energy Technology Co. Ltd., Class A		502,800		263,183
*	Beijing Health Holdings Ltd.		18,966,000		173,908
*	Beijing Hezong Science & Technology Co. Ltd., Class A		202,600		138,004
*	Beijing Hualian Department Store Co. Ltd., Class A		927,300		231,916
	Beijing Jingneng Clean Energy Co. Ltd., Class H		6,234,000		1,529,417
*	Beijing Jingxi Culture & Tourism Co. Ltd., Class A		189,200		163,924
	Beijing Jingyuntong Technology Co. Ltd., Class A		424,100		386,176
	Beijing Konruns Pharmaceutical Co. Ltd., Class A		52,954		275,708
	Beijing North Star Co. Ltd., Class H		4,210,000		482,899
*	Beijing Orient Landscape & Environment Co. Ltd., Class A		707,100		198,268
*	Beijing Orient National Communication Science & Technology Co. Ltd., Class A		360,754		597,513
*	Beijing Philisense Technology Co. Ltd., Class A		350,900		188,789
	Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A		57,400		145,671
	Beijing SL Pharmaceutical Co. Ltd., Class A		237,600		326,262
	Beijing SPC Environment Protection Tech Co. Ltd., Class A		104,200		84,348
	Beijing Strong Biotechnologies, Inc., Class A		73,000		246,793
	Beijing SuperMap Software Co. Ltd., Class A		108,717		333,625
*	Beijing Thunisoft Corp. Ltd., Class A		20,500		26,628
#	Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		921,000		1,881,933
	Beijing Ultrapower Software Co. Ltd., Class A		330,950		657,492
W	Beijing Urban Construction Design & Development Group Co. Ltd., Class H		775,000		252,344
*	Beijing Watertek Information Technology Co. Ltd., Class A		246,700		112,323
	Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A		18,700		191,452
	Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A		111,057		190,658
	Beken Corp., Class A		30,400		129,026
	Bengang Steel Plates Co. Ltd., Class A		306,100		178,778
*	Berry Genomics Co. Ltd., Class A		29,100		53,297
	Best Pacific International Holdings Ltd., Class H		978,000		138,450
	Bestsun Energy Co. Ltd., Class A		439,200		271,549
	Biem.L.Fdlkk Garment Co. Ltd., Class A		120,999		630,007
*	Billion Industrial Holdings Ltd.		44,000		22,958
	Binjiang Service Group Co. Ltd.		259,000		792,305
	Black Peony Group Co. Ltd., Class A		325,649		314,250
W	Blue Moon Group Holdings Ltd.		1,043,500		620,800

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Blue Sail Medical Co. Ltd., Class A		252,600	$	278,384
W	BOC Aviation Ltd.		503,100		3,987,550
	BOE Varitronix Ltd.		1,064,000		1,740,263
*	Bohai Leasing Co. Ltd., Class A		1,263,500		401,756
	Bosideng International Holdings Ltd.		10,818,000		5,335,195
	Bright Dairy & Food Co. Ltd., Class A		289,400		451,828
	Bright Real Estate Group Co. Ltd., Class A		962,280		309,103
	BrightGene Bio-Medical Technology Co. Ltd., Class A		122,955		427,362
††	Brilliance China Automotive Holdings Ltd.		9,216,000		3,874,057
	B-Soft Co. Ltd., Class A		348,631		433,323
# *	Burning Rock Biotech Ltd., ADR		5,945		18,489
	BYD Electronic International Co. Ltd.		1,523,500		4,620,375
	C C Land Holdings Ltd.		12,749,015		2,665,905
	C&D International Investment Group Ltd.		2,064,788		6,358,785
	C&S Paper Co. Ltd., Class A		226,678		385,967
	Cabbeen Fashion Ltd.		1,187,000		142,081
	Camel Group Co. Ltd., Class A		209,035		288,260
	Cangzhou Mingzhu Plastic Co. Ltd., Class A		406,800		259,270
	Canny Elevator Co. Ltd., Class A		162,500		199,800
W	CanSino Biologics, Inc., Class H		182,800		866,352
	Canvest Environmental Protection Group Co. Ltd.		2,476,000		1,303,910
*	Capital Environment Holdings Ltd.		22,400,000		399,126
*	Capitalonline Data Service Co. Ltd., Class A		130,000		306,244
	Carrianna Group Holdings Co. Ltd.		891,257		48,333
	Castech, Inc., Class A		135,800		526,553
W	Cathay Media & Education Group, Inc.		158,000		31,495
*	CECEP Techand Ecology & Environment Co. Ltd., Class A		184,500		69,594
	Central China Management Co. Ltd.		3,912,626		244,949
	Central China New Life Ltd.		828,000		285,864
#	Central China Real Estate Ltd.		4,646,683		114,710
	Central China Securities Co. Ltd., Class H		4,193,000		663,486
#	CGN New Energy Holdings Co. Ltd.		5,122,000		1,624,155
	CGN Nuclear Technology Development Co. Ltd., Class A		159,900		176,179
	Changchun Faway Automobile Components Co. Ltd., Class A		232,830		272,998
#* W	Changsha Broad Homes Industrial Group Co. Ltd., Class H		86,100		38,063
	Changzhou Qianhong Biopharma Co. Ltd., Class A		299,700		251,562
	Chaowei Power Holdings Ltd.		2,361,000		498,385
*	Cheetah Mobile, Inc., ADR		484		1,059
*	ChemPartner PharmaTech Co. Ltd., Class A		32,200		40,356
*	Chen Lin Education Group Holdings Ltd.		330,000		87,469
*	Cheng De Lolo Co. Ltd., Class A		256,650		334,761
	Chengdu ALD Aviation Manufacturing Corp., Class A		63,840		219,748
	Chengdu CORPRO Technology Co. Ltd., Class A		79,000		264,936
	Chengdu Fusen Noble-House Industrial Co. Ltd., Class A		147,800		302,111
	Chengdu Galaxy Magnets Co. Ltd., Class A		105,400		247,647
	Chengdu Hongqi Chain Co. Ltd., Class A		308,700		278,299
	Chengdu Jiafaantai Education Technology Co. Ltd., Class A		23,125		55,760
	Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A		124,995		334,183
	Chengdu Kanghua Biological Products Co. Ltd., Class A		27,100		337,808
	Chengdu Wintrue Holding Co. Ltd., Class A		239,600		357,666
	Chengdu Xingrong Environment Co. Ltd., Class A		913,299		689,021
	Chenguang Biotech Group Co. Ltd., Class A		56,100		149,483
*	Chengzhi Co. Ltd., Class A		183,400		218,232
*	Chiho Environmental Group Ltd.		172,000		14,074
	China Aerospace International Holdings Ltd.		8,284,500		438,526
*	China Agri-Products Exchange Ltd.		45,605		489
	China Aircraft Leasing Group Holdings Ltd.		1,554,500		975,254
*	China Anchu Energy Storage Group Ltd.		1,929,000		127,830
	China Bester Group Telecom Co. Ltd., Class A		102,700		208,405

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	China BlueChemical Ltd., Class H		7,212,000	$	1,906,351
W	China Bohai Bank Co. Ltd., Class H		3,052,000		506,078
# *	China Boton Group Co. Ltd.		458,000		166,383
	China CAMC Engineering Co. Ltd., Class A		332,197		676,448
	China Chengtong Development Group Ltd.		734,000		10,333
	China Cinda Asset Management Co. Ltd., Class H		31,772,000		3,779,296
	China Communications Services Corp. Ltd., Class H		9,412,000		5,157,441
*	China Conch Environment Protection Holdings Ltd.		5,086,000		1,586,813
	China Conch Venture Holdings Ltd.		5,111,000		8,154,730
*	China CYTS Tours Holding Co. Ltd., Class A		164,200		336,869
	China Datang Corp. Renewable Power Co. Ltd., Class H		8,310,000		3,227,182
*	China Daye Non-Ferrous Metals Mining Ltd.		7,434,000		62,674
	China Design Group Co. Ltd., Class A		82,800		114,049
W	China Development Bank Financial Leasing Co. Ltd., Class H		110,000		15,440
# * ††	China Dili Group		12,625,699		398,089
	China Dongxiang Group Co. Ltd.		10,363,985		411,463
W	China East Education Holdings Ltd.		1,064,000		532,684
	China Education Group Holdings Ltd.		2,555,000		2,274,795
	China Electronics Huada Technology Co. Ltd.		3,400,000		495,678
#	China Electronics Optics Valley Union Holding Co. Ltd.		11,200,000		507,196
	China Enterprise Co. Ltd., Class A		320,883		126,645
	China Everbright Environment Group Ltd.		14,046,000		5,962,868
# W	China Everbright Greentech Ltd.		2,425,000		467,792
	China Everbright Ltd.		3,716,000		2,669,095
W	China Feihe Ltd.		2,576,000		1,739,542
	China Film Co. Ltd., Class A		14,700		34,325
*	China Finance Investment Holdings Ltd.		14,000		8,922
* ††	China Financial Services Holdings Ltd.		126,200		11,977
	China Foods Ltd.		4,786,000		1,757,989
	China Gas Holdings Ltd.		1,662,600		2,138,885
	China Glass Holdings Ltd.		3,378,000		436,787
	China Gold International Resources Corp. Ltd.		555,100		2,832,237
*	China Greenland Broad Greenstate Group Co. Ltd.		4,572,000		104,258
	China Hanking Holdings Ltd.		2,807,000		282,768
# *	China Harmony Auto Holding Ltd.		2,862,500		322,487
	China Harzone Industry Corp. Ltd., Class A		173,563		198,696
* ††	China High Precision Automation Group Ltd.		1,103,000		44,965
*	China High Speed Railway Technology Co. Ltd., Class A		741,500		253,912
*	China High Speed Transmission Equipment Group Co. Ltd.		1,578,000		576,733
*†† W	China Huarong Asset Management Co. Ltd., Class H		14,862,000		779,434
††	China Huiyuan Juice Group Ltd.		3,902,101		174,285
	China International Marine Containers Group Co. Ltd., Class H		2,953,080		1,908,375
	China Jinmao Holdings Group Ltd.		12,463,591		2,328,466
	China Kepei Education Group Ltd.		1,226,000		403,012
	China Kings Resources Group Co. Ltd., Class A		65,000		336,260
	China Leadshine Technology Co. Ltd., Class A		44,000		120,381
	China Lesso Group Holdings Ltd.		4,232,000		3,658,664
	China Lilang Ltd.		2,086,000		1,133,173
* W	China Literature Ltd.		1,372,000		6,338,755
# *	China Longevity Group Co. Ltd.		1,076,350		35,240
* ††	China Maple Leaf Educational Systems Ltd.		7,090,000		60,516
	China Medical System Holdings Ltd.		5,268,500		8,746,339
	China Meidong Auto Holdings Ltd.		60,000		93,108
	China Merchants Land Ltd.		7,804,000		481,973
	China Merchants Port Holdings Co. Ltd.		4,575,230		6,788,826
	China Merchants Property Operation & Service Co. Ltd., Class A		77,200		173,125
# * ††	China Metal Recycling Holdings Ltd.		2,401,686		0
#	China Modern Dairy Holdings Ltd.		10,694,000		1,325,661
	China National Medicines Corp. Ltd., Class A		75,951		453,509

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
W	China New Higher Education Group Ltd.		1,994,000	$	693,743
*	China New Town Development Co. Ltd.		533,148		4,071
*	China Nonferrous Metal Industry’s Foreign Engineering & Construction Co. Ltd., Class A		401,000		305,370
	China Nonferrous Mining Corp. Ltd.		2,141,000		1,095,694
*	China Oil & Gas Group Ltd.		23,578,000		782,050
	China Oriental Group Co. Ltd.		4,262,000		685,989
	China Overseas Grand Oceans Group Ltd.		7,666,434		4,437,362
	China Overseas Property Holdings Ltd.		4,970,000		5,519,189
	China Power International Development Ltd.		19,267,333		7,313,847
* ††	China Properties Group Ltd.		2,045,000		20,269
	China Publishing & Media Co. Ltd., Class A		378,215		545,046
W	China Railway Signal & Communication Corp. Ltd., Class H		4,866,000		2,285,159
	China Railway Tielong Container Logistics Co. Ltd., Class A		220,800		199,185
*	China Rare Earth Holdings Ltd.		6,468,799		392,445
	China Reinsurance Group Corp., Class H		19,613,000		1,502,568
W	China Renaissance Holdings Ltd.		773,400		716,289
	China Resources Cement Holdings Ltd.		9,482,000		4,292,719
	China Resources Medical Holdings Co. Ltd.		3,501,000		3,269,323
W	China Resources Pharmaceutical Group Ltd.		5,156,000		5,121,774
	China Risun Group Ltd.		3,480,000		1,628,998
*	China Ruyi Holdings Ltd.		17,140,000		4,172,317
	China Sanjiang Fine Chemicals Co. Ltd.		3,115,000		684,637
	China SCE Group Holdings Ltd.		5,175,200		424,199
	China Science Publishing & Media Ltd., Class A		154,000		924,506
# *	China Shanshui Cement Group Ltd.		30,000		4,433
#* W	China Shengmu Organic Milk Ltd.		11,703,000		462,353
	China Shineway Pharmaceutical Group Ltd.		1,331,200		1,390,629
# *	China Shuifa Singyes Energy Holdings Ltd.		1,753,000		156,954
*	China Silver Group Ltd.		5,404,000		289,656
# *	China South City Holdings Ltd.		17,588,000		1,145,270
	China Starch Holdings Ltd.		7,505,000		185,995
	China State Construction International Holdings Ltd.		1,896,000		2,357,299
	China Sunshine Paper Holdings Co. Ltd.		1,794,000		626,200
	China Suntien Green Energy Corp. Ltd., Class H		6,391,000		2,799,754
	China Taiping Insurance Holdings Co. Ltd.		5,933,400		6,815,415
	China Testing & Certification International Group Co. Ltd., Class A		163,993		280,249
# *	China Tianrui Group Cement Co. Ltd.		256,000		187,861
	China Tianying, Inc., Class A		657,100		439,780
	China Traditional Chinese Medicine Holdings Co. Ltd.		10,816,000		5,912,645
*	China Travel International Investment Hong Kong Ltd.		9,487,900		2,024,649
	China Tungsten & Hightech Materials Co. Ltd., Class A		177,400		341,050
* ††	China Vered Financial Holding Corp. Ltd.		4,620,000		6,298
	China Water Affairs Group Ltd.		3,782,000		3,031,317
	China West Construction Group Co. Ltd., Class A		135,400		176,913
* ††	China Wood Optimization Holding Ltd.		1,748,000		37,589
	China World Trade Center Co. Ltd., Class A		82,977		222,341
	China XLX Fertiliser Ltd.		1,865,000		895,937
	China Yongda Automobiles Services Holdings Ltd.		2,988,500		2,009,796
* W	China Yuhua Education Corp. Ltd.		5,322,000		879,400
# *	China ZhengTong Auto Services Holdings Ltd.		6,073,000		474,292
*	China Zhonghua Geotechnical Engineering Group Co. Ltd., Class A		387,600		156,245
	China Zhongwang Holdings Ltd.		8,794,400		352,912
	Chinasoft International Ltd.		9,590,000		6,393,099
*	Chindata Group Holdings Ltd., ADR		41,217		260,079
	Chongqing Department Store Co. Ltd., Class A		124,000		529,620
*	Chongqing Dima Industry Co. Ltd., Class A		104,100		26,921
	Chongqing Fuling Electric Power Industrial Co. Ltd., Class A		168,988		433,325
	Chongqing Gas Group Corp. Ltd., Class A		74,700		79,496

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Chongqing Iron & Steel Co. Ltd., Class H		1,428,000	$	162,394
	Chongqing Machinery & Electric Co. Ltd., Class H		4,630,000		378,612
	Chongqing Rural Commercial Bank Co. Ltd., Class H		8,561,000		3,309,074
	Chongqing Sanfeng Environment Group Corp. Ltd., Class A		116,326		126,397
	Chongqing Zaisheng Technology Corp. Ltd., Class A		193,120		124,724
	Chongqing Zongshen Power Machinery Co. Ltd., Class A		392,137		365,796
	Chongyi Zhangyuan Tungsten Industry Co. Ltd., Class A		213,700		234,917
	Chow Tai Seng Jewellery Co. Ltd., Class A		148,200		362,505
	Chu Kong Shipping Enterprises Group Co. Ltd.		1,366,000		172,670
	CIFI Ever Sunshine Services Group Ltd.		2,626,000		1,020,338
	CIMC Enric Holdings Ltd.		2,904,000		2,674,809
W	CIMC Vehicles Group Co. Ltd., Class H		19,000		19,707
	Cinda Real Estate Co. Ltd., Class A		517,500		335,491
	Cisen Pharmaceutical Co. Ltd., Class A		154,600		360,367
	CITIC Press Corp., Class A		2,200		10,408
	CITIC Resources Holdings Ltd.		11,024,600		662,088
	City Development Environment Co. Ltd., Class A		98,400		167,455
*	Citychamp Watch & Jewellery Group Ltd.		7,168,000		1,078,245
*	CMGE Technology Group Ltd.		2,112,000		683,996
	CMST Development Co. Ltd., Class A		585,300		511,954
*	CNFinance Holdings Ltd., ADR		46,226		122,240
	CNSIG Inner Mongolia Chemical Industry Co. Ltd.		106,300		215,468
	COFCO Biotechnology Co. Ltd., Class A		327,200		373,130
	COFCO Joycome Foods Ltd.		8,051,000		2,078,208
	COFCO Sugar Holding Co. Ltd., Class A		155,600		195,809
* ††	Colour Life Services Group Co. Ltd.		1,927,604		28,559
	Comba Telecom Systems Holdings Ltd.		6,502,001		1,272,467
	Concord New Energy Group Ltd.		25,104,964		2,242,367
# *	Confidence Intelligence Holdings Ltd.		54,000		162,636
	Consun Pharmaceutical Group Ltd.		2,208,000		1,435,434
# *	Continental Aerospace Technologies Holding Ltd.		22,083,722		253,935
*	Coolpad Group Ltd.		18,540,000		146,858
	COSCO SHIPPING Development Co. Ltd., Class H		14,759,000		1,979,695
	COSCO SHIPPING International Hong Kong Co. Ltd.		3,373,000		1,074,762
	COSCO SHIPPING Ports Ltd.		7,515,121		4,944,919
*	Cosmopolitan International Holdings Ltd.		892,000		166,049
	CPMC Holdings Ltd.		2,321,000		1,325,638
	CQ Pharmaceutical Holding Co. Ltd., Class A		375,000		424,873
# *	Crazy Sports Group Ltd.		10,687,579		258,406
	Crystal Clear Electronic Material Co. Ltd., Class A		96,035		309,608
	CSG Holding Co. Ltd., Class A		344,300		327,191
*	CSG Smart Science&Technology Co. Ltd., Class A		67,600		68,414
	CSPC Innovation Pharmaceutical Co. Ltd., Class A		124,200		223,931
#	CSSC Hong Kong Shipping Co. Ltd.		3,214,000		554,248
	CTS International Logistics Corp. Ltd., Class A		269,120		388,409
*	CWT International Ltd.		24,080,000		184,059
	Da Ming International Holdings Ltd.		880,000		187,623
W	Dali Foods Group Co. Ltd.		4,889,500		2,034,791
*	Dalian Bio-Chem Co. Ltd., Class A		60,476		129,425
	Dalian Huarui Heavy Industry Group Co. Ltd., Class A		476,300		347,564
	Dalipal Holdings Ltd.		1,198,000		442,764
	Dare Power Dekor Home Co. Ltd., Class A		112,600		135,448
	Dashang Co. Ltd., Class A		103,508		296,526
*	Datang International Power Generation Co. Ltd., Class H		10,116,000		1,897,067
	Dawnrays Pharmaceutical Holdings Ltd.		4,735,886		809,404
	Dazhong Transportation Group Co. Ltd., Class A		631,520		279,226
	Dazzle Fashion Co. Ltd., Class A		128,728		295,235
	DBG Technology Co. Ltd., Class A		213,483		316,424
	DeHua TB New Decoration Materials Co. Ltd., Class A		152,716		239,612

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Dexin China Holdings Co. Ltd.		2,227,000	$	159,645
	Dian Diagnostics Group Co. Ltd., Class A		122,759		480,560
#	Differ Group Auto Ltd.		8,712,000		148,001
	Digital China Group Co. Ltd., Class A		62,030		239,322
	Digital China Holdings Ltd.		3,170,500		1,317,094
	Digital China Information Service Co. Ltd., Class A		276,264		538,360
	Dongfang Electronics Co. Ltd., Class A		225,500		293,013
	Dongfeng Motor Group Co. Ltd., Class H		9,260,000		4,430,448
	Dongguan Aohai Technology Co. Ltd., Class A		35,400		144,913
	Dongguan Development Holdings Co. Ltd., Class A		59,800		86,251
#	Dongjiang Environmental Co. Ltd., Class H		815,375		265,151
	Dongyue Group Ltd.		5,142,000		5,232,571
*	DouYu International Holdings Ltd., ADR		550,357		610,896
	Dynagreen Environmental Protection Group Co. Ltd., Class H		1,777,000		639,406
* W	East Buy Holding Ltd.		562,000		1,948,311
	E-Commodities Holdings Ltd.		3,836,000		636,986
	Edan Instruments, Inc., Class A		174,700		393,959
	Edifier Technology Co. Ltd., Class A		196,500		568,602
	Edvantage Group Holdings Ltd.		873,516		303,775
	EEKA Fashion Holdings Ltd.		428,000		602,321
	EIT Environmental Development Group Co. Ltd., Class A		55,432		151,074
	Electric Connector Technology Co. Ltd., Class A		85,813		383,412
*	Elion Energy Co. Ltd., Class A		780,761		463,241
	Era Co. Ltd., Class A		208,900		156,588
	Essex Bio-technology Ltd.		1,240,000		577,538
	Eternal Asia Supply Chain Management Ltd., Class A		640,400		507,226
#	EVA Precision Industrial Holdings Ltd.		4,612,435		514,258
	Everbright Jiabao Co. Ltd., Class A		647,600		280,997
*	EverChina International Holdings Co. Ltd.		13,660,000		282,079
* W	Everest Medicines Ltd.		447,500		814,451
	Fangda Special Steel Technology Co. Ltd., Class A		575,000		443,496
#	Fanhua, Inc., Sponsored ADR		168,504		1,390,158
	Far East Horizon Ltd.		6,821,000		6,136,321
	FAWER Automotive Parts Co. Ltd., Class A		207,900		139,996
*	Feitian Technologies Co. Ltd., Class A		88,100		146,548
	Fibocom Wireless, Inc., Class A		123,427		447,846
*	FIH Mobile Ltd.		9,771,000		1,024,314
	Financial Street Holdings Co. Ltd., Class A		388,498		282,926
	Financial Street Property Co. Ltd., Class H		20,000		7,002
	FinVolution Group, ADR		376,583		1,498,800
	First Tractor Co. Ltd., Class H		1,033,176		550,140
	Foryou Corp.		71,500		292,733
	Foshan Nationstar Optoelectronics Co. Ltd., Class A		30,172		37,536
	Fosun International Ltd.		2,190,000		1,535,899
*	Founder Holdings Ltd.		160,000		11,021
	FriendTimes, Inc.		1,044,000		131,755
	Fu Shou Yuan International Group Ltd.		4,095,000		3,323,258
	Fufeng Group Ltd.		6,360,600		3,855,246
* ††	Fuguiniao Co. Ltd.		1,930,000		0
	Fujian Boss Software Development Co. Ltd., Class A		173,994		492,631
	Fujian Longking Co. Ltd., Class A		172,500		414,900
	Fujian Star-net Communication Co. Ltd., Class A		134,073		411,250
# *	Fullshare Holdings Ltd.		41,672,500		536,532
	Fulongma Group Co. Ltd., Class A		133,700		191,914
	Fulu Holdings Ltd.		273,000		167,110
	Funshine Culture Group Co. Ltd., Class A		36,000		273,724
*	Fusen Pharmaceutical Co. Ltd.		141,000		23,841
	Gansu Energy Chemical Co. Ltd., Class A		702,200		342,010
	Gansu Qilianshan Cement Group Co. Ltd., Class A		149,233		243,120

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Gansu Shangfeng Cement Co. Ltd., Class A		225,361	$	366,288
*	GCL New Energy Holdings Ltd.		1,322,100		87,850
*	GDS Holdings Ltd., Class A		2,525,200		4,889,274
	Gemdale Properties & Investment Corp. Ltd.		26,046,000		1,729,820
*	Gem-Year Industrial Co. Ltd., Class A		126,000		87,254
W	Genertec Universal Medical Group Co. Ltd.		4,264,000		2,837,066
*	Genimous Technology Co. Ltd., Class A		330,115		313,128
	GEPIC Energy Development Co. Ltd., Class A		193,100		142,090
	Getein Biotech, Inc., Class A		174,696		359,512
*	Glorious Property Holdings Ltd.		11,042,501		106,983
*	Glory Health Industry Ltd.		4,513,000		102,410
	Goldcard Smart Group Co. Ltd.		147,600		286,194
*	Golden Eagle Retail Group Ltd.		2,637,000		1,518,694
W	Golden Throat Holdings Group Co. Ltd.		863,500		298,025
	GoldenHome Living Co. Ltd., Class A		52,892		271,041
	Goldenmax International Group Ltd., Class A		117,100		143,374
	Goldlion Holdings Ltd.		1,322,962		211,047
	Goldpac Group Ltd.		1,374,000		301,815
# *	GOME Retail Holdings Ltd.		34,090,000		456,001
*	Gosuncn Technology Group Co. Ltd., Class A		352,291		178,752
*	Grand Baoxin Auto Group Ltd.		3,688,492		169,476
*	Grand Industrial Holding Group Co. Ltd.		106,700		125,121
	Grand Pharmaceutical Group Ltd., Class L		4,069,500		2,649,858
	Grandblue Environment Co. Ltd., Class A		163,495		474,726
*	Grandjoy Holdings Group Co. Ltd., Class A		387,500		204,851
*	Greattown Holdings Ltd., Class A		293,300		131,844
*	Greatview Aseptic Packaging Co. Ltd.		2,628,000		587,332
	Gree Real Estate Co. Ltd., Class A		69,900		81,307
	Greenland Hong Kong Holdings Ltd.		4,301,000		330,085
	Greentown China Holdings Ltd.		3,365,148		4,044,383
W	Greentown Management Holdings Co. Ltd.		1,911,000		1,827,855
#	Greentown Service Group Co. Ltd.		5,616,000		3,449,998
	GRG Metrology & Test Group Co. Ltd., Class A		99,900		326,927
	Grinm Advanced Materials Co. Ltd., Class A		153,300		304,983
	Guangdong Advertising Group Co. Ltd., Class A		232,900		196,453
	Guangdong Aofei Data Technology Co. Ltd., Class A		225,200		422,400
	Guangdong Baolihua New Energy Stock Co. Ltd., Class A		585,600		561,346
*	Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A		329,500		321,567
*	Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A		455,500		336,100
	Guangdong Dongpeng Holdings Co. Ltd.		171,200		205,309
	Guangdong Dowstone Technology Co. Ltd., Class A		142,600		270,543
	Guangdong Ellington Electronics Technology Co. Ltd., Class A		197,000		218,730
	Guangdong Great River Smarter Logistics Co. Ltd., Class A		106,800		333,322
*	Guangdong Highsun Group Co. Ltd., Class A		256,300		73,690
*	Guangdong Huatie Tongda High-speed Railway Equipment Corp., Class A		324,900		156,876
	Guangdong Huiyun Tianium Industry Co. Ltd., Class A		70,200		99,157
	Guangdong Hybribio Biotech Co. Ltd., Class A		62,771		132,936
	Guangdong Investment Ltd.		7,234,000		6,915,533
	Guangdong Land Holdings Ltd.		1,456,800		144,927
	Guangdong Provincial Expressway Development Co. Ltd., Class A		326,787		366,312
	Guangdong Shirongzhaoye Co. Ltd., Class A		333,100		303,739
	Guangdong Sirio Pharma Co. Ltd., Class A		6,200		31,495
	Guangdong South New Media Co. Ltd., Class A		56,100		398,903
	Guangdong Tapai Group Co. Ltd., Class A		239,500		280,551
	Guangdong Topstar Technology Co. Ltd., Class A		56,500		100,788
	Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A		169,630		400,349
	Guangdong Zhongnan Iron & Steel Co. Ltd., Class A		836,400		325,279
*	Guangshen Railway Co. Ltd., Class H		6,028,000		1,409,009

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Guangxi Liugong Machinery Co. Ltd., Class A		494,020	$	544,018
	Guangxi LiuYao Group Co. Ltd., Class A		99,080		341,130
	Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A		859,480		324,154
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		482,000		1,583,429
	Guangzhou Hi-Target Navigation Tech Co. Ltd., Class A		176,900		167,851
	Guangzhou Jet Biofiltration Co. Ltd., Class A		11,490		33,963
	Guangzhou KDT Machinery Co. Ltd., Class A		76,498		183,337
	Guangzhou Restaurant Group Co. Ltd., Class A		66,240		293,601
	Guangzhou Wondfo Biotech Co. Ltd., Class A		87,800		381,936
*	Guizhou Bailing Group Pharmaceutical Co. Ltd., Class A		286,300		335,770
	Guizhou Gas Group Corp. Ltd., Class A		223,900		256,388
	Guizhou Panjiang Refined Coal Co. Ltd., Class A		434,796		426,526
	Guizhou Xinbang Pharmaceutical Co. Ltd., Class A		393,900		277,162
	Guizhou Zhenhua E-chem, Inc., Class A		20,311		103,407
#	Guolian Securities Co. Ltd., Class H		1,395,500		688,968
	Guomai Technologies, Inc., Class A		185,400		208,221
*	Guosheng Financial Holding, Inc., Class A		92,900		109,845
* W	Haichang Ocean Park Holdings Ltd.		10,334,000		2,139,378
	Hailir Pesticides & Chemicals Group Co. Ltd., Class A		58,020		165,160
*	Hainan Meilan International Airport Co. Ltd., Class H		689,000		1,428,773
	Hainan Poly Pharm Co. Ltd., Class A		88,400		269,786
	Hainan Strait Shipping Co. Ltd., Class A		370,150		365,380
	Haitian International Holdings Ltd.		2,497,000		6,487,906
W	Haitong UniTrust International Leasing Co. Ltd., Class H		1,446,000		164,110
*	Hand Enterprise Solutions Co. Ltd., Class A		166,200		259,145
	Hangxiao Steel Structure Co. Ltd., Class A		584,208		375,180
	Hangzhou Electronic Soul Network Technology Co. Ltd., Class A		27,900		197,463
	Hangzhou Haoyue Personal Care Co. Ltd., Class A		19,539		153,747
	Hangzhou Onechance Tech Corp., Class A		51,270		222,925
* W	Harbin Bank Co. Ltd., Class H		1,742,000		60,029
	Harbin Boshi Automation Co. Ltd., Class A		272,200		653,224
*	Harbin Electric Co. Ltd., Class H		3,089,413		1,377,414
*	Harbin Gloria Pharmaceuticals Co. Ltd., Class A		509,600		170,105
*	Harbin Pharmaceutical Group Co. Ltd., Class A		756,700		356,559
* ††	Harmonicare Medical Holdings Ltd.		2,321,000		0
	HBIS Resources Co. Ltd., Class A		181,600		364,468
* W	HBM Holdings Ltd.		1,109,000		293,048
	Health & Happiness H&H International Holdings Ltd.		861,000		1,474,435
*	Healthcare Co. Ltd., Class A		79,400		117,069
*	Hebei Construction Group Corp. Ltd., Class H		105,000		10,861
	Hefei Urban Construction Development Co. Ltd., Class A		29,500		28,169
#	Hello Group, Inc., Sponsored ADR		587,304		4,909,861
	Henan Jindan Lactic Acid Technology Co. Ltd., Class A		38,800		121,513
	Henan Lingrui Pharmaceutical Co., Class A		160,300		387,189
	Henan Mingtai Al Industrial Co. Ltd., Class A		168,900		339,037
	Henan Pinggao Electric Co. Ltd., Class A		225,500		374,511
*	Henan Senyuan Electric Co. Ltd., Class A		65,900		44,372
	Henan Thinker Automatic Equipment Co. Ltd., Class A		61,387		167,679
*	Henan Yicheng New Energy Co. Ltd., Class A		530,100		408,779
	Henan Yuguang Gold & Lead Co. Ltd., Class A		184,400		170,296
*	Henan Yuneng Holdings Co. Ltd., Class A		197,300		126,384
	Henan Zhongyuan Expressway Co. Ltd., Class A		781,023		384,772
	Hengan International Group Co. Ltd.		2,254,500		10,069,629
# *	Hengdeli Holdings Ltd.		12,009,399		217,733
	Hexing Electrical Co. Ltd., Class A		181,690		567,759
*	Hi Sun Technology China Ltd.		9,243,000		873,363
	Hisense Home Appliances Group Co. Ltd., Class H		1,502,000		3,474,700
*	Holitech Technology Co. Ltd., Class A		776,200		348,798
	Homeland Interactive Technology Ltd.		50,000		10,659

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Hongda Xingye Co. Ltd., Class A		712,200	$	263,372
*	Honghua Group Ltd.		13,583,000		350,407
*	Hongli Zhihui Group Co. Ltd., Class A		165,600		169,823
*†† W	Honworld Group Ltd.		1,105,500		107,525
* W	Hope Education Group Co. Ltd.		9,156,000		702,967
	Hopson Development Holdings Ltd.		3,432,596		3,052,187
* W	Hua Hong Semiconductor Ltd.		2,229,000		9,159,200
*	Hua Yin International Holdings Ltd.		960,000		54,492
	Huaan Securities Co. Ltd., Class A		577,766		417,229
	Huabao Flavours & Fragrances Co. Ltd., Class A		26,786		92,785
	Huadian Power International Corp. Ltd., Class H		3,916,000		1,899,138
*	Huafon Microfibre Shanghai Technology Co. Ltd.		475,200		268,029
	Huafu Fashion Co. Ltd., Class A		522,852		232,713
# *	Huanxi Media Group Ltd.		2,850,000		360,025
	Huapont Life Sciences Co. Ltd., Class A		498,900		380,667
*	Huawen Media Group, Class A		181,300		67,855
*	Huaxi Holdings Co. Ltd.		560,000		97,756
#	Huazhong In-Vehicle Holdings Co. Ltd.		2,112,000		650,830
	Hubei Biocause Pharmaceutical Co. Ltd., Class A		800,969		398,510
	Huishang Bank Corp. Ltd., Class H		34,000		10,814
	Hunan Aihua Group Co. Ltd., Class A		132,187		424,126
*	Hunan Er-Kang Pharmaceutical Co. Ltd., Class A		208,900		102,636
*	HUYA, Inc., ADR		319,901		1,039,678
* W	Hygeia Healthcare Holdings Co. Ltd.		1,068,800		7,876,200
*	Hytera Communications Corp. Ltd., Class A		439,400		380,309
*	HyUnion Holding Co. Ltd., Class A		258,400		276,403
*	IAT Automobile Technology Co. Ltd., Class A		48,400		84,174
*	IBO Technology Co. Ltd.		784,000		132,396
* W	iDreamSky Technology Holdings Ltd.		2,198,400		1,001,070
W	IMAX China Holding, Inc.		386,000		375,488
	Infore Environment Technology Group Co. Ltd., Class A		493,200		377,722
#* W	Ingdan, Inc.		2,236,000		447,384
*	Inkeverse Group Ltd.		387,000		53,931
	Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A		1,169,100		680,989
*	Inner Mongolia Xingye Mining Co. Ltd., Class A		372,400		469,192
	Inner Mongolia Yitai Coal Co. Ltd., Class H		538,700		1,101,826
*	Innuovo Technology Co. Ltd., Class A		364,600		338,152
*	Inspur Digital Enterprise Technology Ltd.		1,968,000		967,101
*	Inspur Software Co. Ltd., Class A		10,900		25,426
	Intco Medical Technology Co. Ltd., Class A		129,227		408,771
	Intron Technology Holdings Ltd.		478,000		322,224
*	iQIYI, Inc., ADR		784,425		4,784,992
	IReader Technology Co. Ltd., Class A		103,700		373,721
*	IRICO Group New Energy Co. Ltd., Class H		107,700		115,793
	IVD Medical Holding Ltd.		291,000		51,253
	Jack Technology Co. Ltd., Class A		117,400		324,935
	Jade Bird Fire Co. Ltd., Class A		97,680		355,356
	Jenkem Technology Co. Ltd., Class A		14,415		262,091
*	JH Educational Technology, Inc.		1,052,000		155,628
*	Jiajiayue Group Co. Ltd., Class A		136,899		292,027
	Jiangling Motors Corp. Ltd., Class A		152,600		302,543
*	Jiangnan Group Ltd.		13,956,000		694,691
	Jiangsu Azure Corp., Class A		123,200		198,277
	Jiangsu Bioperfectus Technologies Co. Ltd., Class A		6,494		61,115
	Jiangsu Boqian New Materials Stock Co. Ltd., Class A		52,100		252,600
	Jiangsu Canlon Building Materials Co. Ltd., Class A		49,800		104,474
	Jiangsu Chuanzhiboke Education Technology Co. Ltd., Class A		22,300		47,286
	Jiangsu Cnano Technology Co. Ltd., Class A		33,939		264,636
*	Jiangsu Etern Co. Ltd., Class A		132,100		122,737

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Jiangsu Expressway Co. Ltd., Class H		2,660,000	$	2,694,471
	Jiangsu Guomao Reducer Co. Ltd., Class A		100,300		281,949
	Jiangsu Guotai International Group Co. Ltd., Class A		423,995		501,291
	Jiangsu Haili Wind Power Equipment Technology Co. Ltd., Class A		20,400		219,577
	Jiangsu Hengshun Vinegar Industry Co. Ltd., Class A		28,500		46,931
	Jiangsu Huahong Technology Stock Co. Ltd., Class A		101,300		188,633
	Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A		721,920		425,608
	Jiangsu Jiejie Microelectronics Co. Ltd., Class A		106,500		308,206
*	Jiangsu Kanion Pharmaceutical Co. Ltd., Class A		147,440		628,260
*	Jiangsu Leike Defense Technology Co. Ltd., Class A		231,407		164,037
*	Jiangsu Lihua Animal Husbandry Stock Co. Ltd., Class A		29,900		166,173
	Jiangsu Linyang Energy Co. Ltd., Class A		164,500		186,779
	Jiangsu Provincial Agricultural Reclamation & Development Corp		192,952		334,705
	Jiangsu Shagang Co. Ltd., Class A		490,300		277,694
	Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A		223,800		321,402
	Jiangsu Sidike New Material Science & Technology Co. Ltd.,Class A		61,427		205,724
	Jiangsu Sopo Chemical Co., Class A		128,801		129,396
	Jiangsu ToLand Alloy Co. Ltd., Class A		55,950		396,120
	Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A		643,810		428,837
	Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A		889,300		341,868
	Jiangxi Bank Co. Ltd., Class H		325,000		41,012
*	Jiangxi Fushine Pharmaceutical Co. Ltd., Class A		41,200		76,992
	Jiangxi Huangshanghuang Group Food Co. Ltd., Class A		131,600		227,292
	Jiangxi Wannianqing Cement Co. Ltd., Class A		131,130		167,121
	Jiangxi Xinyu Guoke Technology Co. Ltd., Class A		36,204		151,260
	Jiangzhong Pharmaceutical Co. Ltd., Class A		196,640		663,859
	Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A		189,534		141,451
	Jiayou International Logistics Co. Ltd., Class A		29,540		119,637
*	Jilin Chemical Fibre, Class A		180,200		102,142
*	Jilin Electric Power Co. Ltd., Class A		584,300		460,076
*	Jilin Jiutai Rural Commercial Bank Corp. Ltd., Class H		133,703		39,346
#	Jinchuan Group International Resources Co. Ltd.		11,989,000		858,932
	Jinduicheng Molybdenum Co. Ltd., Class A		218,120		353,900
	Jingjin Equipment, Inc., Class A		53,500		223,623
* ††	Jingrui Holdings Ltd.		2,219,000		48,057
	Jingwei Textile Machinery Co. Ltd., Class A		242,100		324,413
	Jinhui Liquor Co. Ltd., Class A		111,000		411,631
	Jinke Smart Services Group Co. Ltd., Class H		192,600		295,200
# *	JinkoSolar Holding Co. Ltd., ADR		157,507		7,813,922
*	Jinlei Technology Co. Ltd., Class A		47,000		270,692
*	Jinmao Property Services Co. Ltd.		122,779		58,348
	Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A		526,520		850,751
*	Jinneng Holding Shanxi Electric Power Co. Ltd., Class A		538,000		241,192
	Jinneng Science&Technology Co. Ltd., Class A		176,300		236,451
W	Jiumaojiu International Holdings Ltd.		2,036,000		4,574,714
	Jiuzhitang Co. Ltd., Class A		287,600		545,249
	JNBY Design Ltd.		762,000		838,746
*	Jointo Energy Investment Co. Ltd. Hebei, Class A		676,496		584,007
*	Joy City Property Ltd.		18,082,000		749,835
# *	Joy Spreader Group, Inc.		3,229,000		375,238
	Joyoung Co. Ltd., Class A		158,340		372,699
#	JOYY, Inc., ADR		9,795		298,062
W	JS Global Lifestyle Co. Ltd.		2,969,500		2,632,678
	JSTI Group, Class A		213,888		201,849
	Ju Teng International Holdings Ltd.		4,732,000		786,088
	Jushri Technologies, Inc., Class A		79,980		144,785
#* W	JW Cayman Therapeutics Co. Ltd.		467,500		197,403
	JY Grandmark Holdings Ltd.		431,000		69,991
*	Kaiser China Cultural Co. Ltd., Class A		278,000		261,692

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Kaishan Group Co. Ltd., Class A		117,900	$	283,751
* W	Kangda International Environmental Co. Ltd.		3,143,000		199,471
	Kangji Medical Holdings Ltd.		886,500		1,117,068
*	Kasen International Holdings Ltd.		3,137,000		140,287
	Keda Industrial Group Co. Ltd., Class A		71,400		129,793
*	Keshun Waterproof Technologies Co. Ltd., Class A		259,840		404,980
	Kidswant Children Products Co. Ltd., Class A		75,200		118,381
	Kinetic Development Group Ltd.		2,496,000		206,950
	Kingboard Holdings Ltd.		2,616,921		8,014,926
	Kingboard Laminates Holdings Ltd.		3,778,000		3,893,565
	KingClean Electric Co. Ltd., Class A		9,440		36,924
*	Kingsoft Cloud Holdings Ltd.		392,000		152,114
	Kingsoft Corp. Ltd.		3,366,000		14,796,002
* W	Kintor Pharmaceutical Ltd.		286,500		198,256
*	Ko Yo Chemical Group Ltd.		808,000		15,653
	Konka Group Co. Ltd., Class A		409,684		280,801
	KPC Pharmaceuticals, Inc., Class A		259,500		791,160
	Kunlun Energy Co. Ltd.		12,390,000		11,485,621
	Kunming Yunnei Power Co. Ltd., Class A		333,300		115,591
	Kunshan Dongwei Technology Co. Ltd.,Class A		24,504		298,440
*	Kunshan Kersen Science & Technology Co. Ltd., Class A		167,800		158,746
	Kunshan Kinglai Hygienic Materials Co. Ltd., Class A		30,200		312,182
*	Kunwu Jiuding Investment Holdings Co. Ltd., Class A		78,245		151,822
# *	KWG Group Holdings Ltd.		4,971,450		656,271
	KWG Living Group Holdings Ltd.		3,815,225		517,938
*	Lakala Payment Co. Ltd., Class A		162,100		397,336
	Lanzhou Lishang Guochao Industrial Group Co. Ltd., Class A		291,200		223,250
*	Launch Tech Co. Ltd., Class H		20,000		5,549
	Lee & Man Chemical Co. Ltd.		920,785		602,050
	Lee & Man Paper Manufacturing Ltd.		5,074,000		2,156,796
	Lee’s Pharmaceutical Holdings Ltd.		1,146,000		219,121
W	Legend Holdings Corp., Class H		1,760,900		1,844,837
*	Leo Group Co. Ltd., Class A		1,533,542		498,581
*	LexinFintech Holdings Ltd., ADR		397,731		950,577
	Leyard Optoelectronic Co. Ltd., Class A		349,200		319,716
	Lianhe Chemical Technology Co. Ltd., Class A		139,300		241,812
	Liao Ning Oxiranchem, Inc., Class A		97,100		113,091
	Liaoning Port Co. Ltd., Class H		650,000		58,022
	Lier Chemical Co. Ltd., Class A		168,180		354,685
*	Lifestyle China Group Ltd.		1,804,000		265,417
*	Lifetech Scientific Corp.		15,008,000		5,256,988
*	LingNan Eco&Culture-Tourism Co. Ltd., Class A		408,100		200,867
*	Lingyuan Iron & Steel Co. Ltd., Class A		490,702		153,838
	Liuzhou Iron & Steel Co. Ltd., Class A		526,880		331,918
	Livzon Pharmaceutical Group, Inc., Class H		641,903		2,327,865
	Lizhong Sitong Light Alloys Group Co. Ltd., Class A		113,500		379,693
#	LK Technology Holdings Ltd.		1,691,500		1,729,991
	Loncin Motor Co. Ltd., Class A		491,800		341,344
	Long Yuan Construction Group Co. Ltd., Class A		398,400		286,803
	Longhua Technology Group Luoyang Co. Ltd., Class A		171,400		197,362
	Lonking Holdings Ltd.		9,159,000		1,623,933
	Luenmei Quantum Co. Ltd., Class A		311,012		275,235
	Luolai Lifestyle Technology Co. Ltd., Class A		144,040		265,175
*	Luoniushan Co. Ltd., Class A		181,128		195,785
	Luoxin Pharmaceuticals Group Stock Co. Ltd., Class A		247,500		253,006
	Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A		20,600		121,484
	Lushang Health Industry Development Co. Ltd., Class A		227,000		359,668
* W	Luye Pharma Group Ltd.		6,966,500		3,426,335
*	LVGEM China Real Estate Investment Co. Ltd.		1,136,000		247,032

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Maanshan Iron & Steel Co. Ltd., Class H		4,056,048	$	865,846
	Maccura Biotechnology Co. Ltd., Class A		132,661		314,996
* W	Maoyan Entertainment		1,525,600		1,698,256
*	Markor International Home Furnishings Co. Ltd., Class A		520,780		204,531
	Mayinglong Pharmaceutical Group Co. Ltd., Class A		136,525		516,225
* W	Meitu, Inc.		4,748,500		1,327,893
	M-Grass Ecology & Environment Group Co. Ltd., Class A		120,300		60,318
W	Midea Real Estate Holding Ltd.		268,400		320,860
	Milkyway Chemical Supply Chain Service Co. Ltd., Class A		21,400		285,884
	Min Xin Holdings Ltd.		730,000		315,069
	Ming Yuan Cloud Group Holdings Ltd.		1,729,000		899,015
*	Mingfa Group International Co. Ltd.		3,979,000		147,763
	Minmetals Land Ltd.		8,218,000		500,018
W	Minsheng Education Group Co. Ltd.		432,000		20,447
	Minth Group Ltd.		2,963,000		8,579,622
	MLS Co. Ltd., Class A		322,200		414,246
*	MMG Ltd.		10,862,999		3,974,813
* W	Mobvista, Inc.		422,000		210,111
	Monalisa Group Co. Ltd., Class A		93,400		232,231
*	Montnets Cloud Technology Group Co. Ltd., Class A		73,670		159,768
	MYS Group Co. Ltd., Class A		215,887		106,061
* ††	Nan Hai Corp. Ltd.		24,100,000		20,263
	NanJi E-Commerce Co. Ltd., Class A		534,600		340,319
	Nanjing Chervon Auto Precision Technology Co. Ltd., Class A		20,700		47,540
	Nanjing Hanrui Cobalt Co. Ltd., Class A		59,700		286,465
*	Nanjing Sample Technology Co. Ltd., Class H		111,500		57,140
	Nanjing Xinjiekou Department Store Co. Ltd., Class A		224,500		266,080
	Nanjing Yunhai Special Metals Co. Ltd., Class A		164,900		552,163
*	Natural Food International Holding Ltd., Class H		314,000		19,049
	NetDragon Websoft Holdings Ltd.		973,500		1,906,304
	Netjoy Holdings Ltd.		120,000		16,156
* W	New Century Healthcare Holding Co. Ltd.		35,000		2,138
	New Hope Dairy Co. Ltd., Class A		23,600		56,404
*	New World Department Store China Ltd.		1,787,462		205,289
*	Newborn Town, Inc.		370,000		80,281
	Newland Digital Technology Co. Ltd., Class A		145,500		336,260
	Nexteer Automotive Group Ltd.		3,410,000		1,911,597
	Nine Dragons Paper Holdings Ltd.		6,261,000		4,343,800
	Ningbo BaoSi Energy Equipment Co. Ltd., Class A		111,814		89,271
	Ningbo Haitian Precision Machinery Co. Ltd., Class A		60,500		284,398
	Ningbo Huaxiang Electronic Co. Ltd., Class A		181,338		343,695
*	Ningbo Jifeng Auto Parts Co. Ltd., Class A		48,600		89,748
	Ningbo Yunsheng Co. Ltd., Class A		269,400		328,110
	Ningxia Jiaze New Energy Co. Ltd., Class A		540,400		375,331
*	Niu Technologies, Sponsored ADR		109,628		407,816
*	Noah Holdings Ltd., Sponsored ADR		114,353		1,813,639
	Norinco International Cooperation Ltd., Class A		350,186		918,890
	North Huajin Chemical Industries Co. Ltd., Class A		342,500		346,251
	Northeast Pharmaceutical Group Co. Ltd., Class A		218,903		183,702
	Northeast Securities Co. Ltd., Class A		437,410		482,172
	Northking Information Technology Co. Ltd., Class A		99,966		502,084
	NSFOCUS Technologies Group Co. Ltd., Class A		196,548		360,759
*	NVC International Holdings Ltd.		1,770,000		14,431
	Ocean’s King Lighting Science & Technology Co. Ltd., Class A		102,380		132,126
*	Oceanwide Holdings Co. Ltd., Class A		1,587,777		197,244
#* W	Ocumension Therapeutics		288,000		324,253
	Olympic Circuit Technology Co. Ltd., Class C		123,835		315,382
	Opple Lighting Co. Ltd., Class A		104,330		314,147
	ORG Technology Co. Ltd., Class A		660,320		455,976

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Orient Group, Inc., Class A		758,900	$	256,715
	Oriental Energy Co. Ltd., Class A		345,700		442,255
*	Ourpalm Co. Ltd., Class A		789,500		703,026
*	Overseas Chinese Town Asia Holdings Ltd.		664,183		57,102
	Pacific Online Ltd.		1,798,365		183,868
*	Pacific Securities Co. Ltd., Class A		983,971		387,321
	Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A		96,358		327,288
	PAX Global Technology Ltd.		2,908,000		2,395,439
	PCI Technology Group Co. Ltd., Class A		396,540		402,720
* W	Peijia Medical Ltd.		1,166,000		1,476,231
#	Perennial Energy Holdings Ltd.		1,325,000		237,165
	PharmaBlock Sciences Nanjing, Inc., Class A		16,700		134,959
	PhiChem Corp., Class A		161,226		425,408
*	Phoenix Media Investment Holdings Ltd.		6,320,000		250,541
#* W	Ping An Healthcare & Technology Co. Ltd.		1,546,700		3,866,326
*	PNC Process Systems Co. Ltd., Class A		51,500		312,345
*	Polaris Bay Group Co. Ltd., Class A		155,400		153,996
	Poly Property Group Co. Ltd.		8,981,500		2,340,172
	Poly Property Services Co. Ltd., Class H		493,200		3,050,435
W	Pop Mart International Group Ltd.		91,400		221,719
	Pou Sheng International Holdings Ltd.		10,648,806		883,548
#	Prinx Chengshan Holding Ltd.		149,000		106,153
# *	PW Medtech Group Ltd.		3,468,000		230,876
# *	Q Technology Group Co. Ltd.		1,718,000		842,162
	Qifu Technology, Inc., ADR		313,070		5,522,555
	Qingdao East Steel Tower Stock Co. Ltd., Class A		182,800		213,039
	Qingdao Eastsoft Communication Technology Co. Ltd., Class A		158,122		338,210
	Qingdao Gon Technology Co. Ltd., Class A		87,300		311,531
	Qingdao Hanhe Cable Co. Ltd., Class A		820,300		482,463
	Qingdao Hiron Commercial Cold Chain Co. Ltd., Class A		46,153		194,028
W	Qingdao Port International Co. Ltd., Class H		461,000		269,915
	Qingdao Rural Commercial Bank Corp., Class A		900,600		377,374
	Qingdao Topscomm Communication, Inc., Class A		182,700		246,235
	Qingling Motors Co. Ltd., Class H		3,834,000		396,503
	Qinhuangdao Port Co. Ltd., Class H		2,885,500		504,607
*	Qudian, Inc., Sponsored ADR		96,525		121,622
#	Radiance Holdings Group Co. Ltd.		90,000		46,551
	Rainbow Digital Commercial Co. Ltd., Class A		356,250		320,273
*	Raisecom Technology Co. Ltd., Class A		133,429		144,789
*	Rastar Group, Class A		295,400		215,577
	Realcan Pharmaceutical Group Co. Ltd., Class A		513,200		278,251
W	Red Star Macalline Group Corp. Ltd., Class H		1,438,920		648,432
#* W	Redco Properties Group Ltd.		5,362,000		908,507
* W	Remegen Co. Ltd., Class H		249,500		1,466,225
	Renhe Pharmacy Co. Ltd., Class A		409,700		390,328
	Rianlon Corp., Class A		37,450		219,135
	Richinfo Technology Co. Ltd., Class A		82,600		328,322
*	RiseSun Real Estate Development Co. Ltd., Class A		982,152		225,786
	Road King Infrastructure Ltd.		1,138,000		453,465
	Rongan Property Co. Ltd., Class A		781,700		317,390
*	Roshow Technology Co. Ltd., Class A		349,300		388,846
	Ruida Futures Co. Ltd., Class A		60,000		126,917
	Runjian Co. Ltd., Class A		47,300		290,688
	Sai Micro Electronics, Inc., Class A		123,600		362,636
*	SanFeng Intelligent Equipment Group Co. Ltd., Class A		321,008		158,263
	Sanquan Food Co. Ltd., Class A		115,000		279,172
	Sansteel Minguang Co. Ltd. Fujian, Class A		582,194		396,186
	Sansure Biotech, Inc., Class A		114,174		309,312
	Sanxiang Impression Co. Ltd., Class A		36,100		19,993

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Sany Heavy Equipment International Holdings Co. Ltd.		4,319,000	$	5,728,697
*	Saurer Intelligent Technology Co. Ltd., Class A		187,800		70,620
*	Seazen Group Ltd.		7,440,571		1,599,434
#	S-Enjoy Service Group Co. Ltd.		993,000		618,209
	Shaan Xi Provincial Natural Gas Co. Ltd., Class A		370,990		410,094
	Shaanxi Construction Machinery Co. Ltd., Class A		134,660		98,469
	Shandong Bohui Paper Industrial Co. Ltd., Class A		238,603		220,374
*	Shandong Chenming Paper Holdings Ltd., Class H		1,649,750		507,596
	Shandong Dawn Polymer Co. Ltd., Class A		71,300		177,453
	Shandong Dongyue Organosilicon Material Co. Ltd., Class A		231,900		347,208
	Shandong Head Group Co. Ltd., Class A		68,160		194,836
*	Shandong Hi-Speed New Energy Group Ltd.		59,768,570		473,457
	Shandong Hi-Speed Road & Bridge Co. Ltd., Class A		278,700		312,324
	Shandong Humon Smelting Co. Ltd., Class A		230,600		408,698
	Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A		55,100		160,213
*	Shandong Longda Meishi Co. Ltd., Class A		172,910		209,290
# *	Shandong Molong Petroleum Machinery Co. Ltd., Class H		752,400		256,849
	Shandong New Beiyang Information Technology Co. Ltd., Class A		207,300		224,097
	Shandong Pharmaceutical Glass Co. Ltd., Class A		15,900		56,513
	Shandong Publishing & Media Co. Ltd., Class A		303,000		507,248
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		5,601,200		9,557,838
#	Shandong Xinhua Pharmaceutical Co. Ltd., Class H		582,400		509,159
	Shanghai AJ Group Co. Ltd., Class A		426,800		332,638
	Shanghai AtHub Co. Ltd., Class A		77,900		392,008
	Shanghai Baolong Automotive Corp., Class A		29,700		189,896
	Shanghai Belling Co. Ltd., Class A		135,946		370,686
	Shanghai Daimay Automotive Interior Co. Ltd., Class A		94,439		230,769
	Shanghai Environment Group Co. Ltd., Class A		184,073		257,478
	Shanghai Fudan Microelectronics Group Co. Ltd., Class H		838,000		2,536,917
#	Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd., Class H		1,054,000		427,645
	Shanghai Fullhan Microelectronics Co. Ltd., Class A		43,800		377,867
	Shanghai Ganglian E-Commerce Holdings Co. Ltd., Class A		40,600		260,502
	Shanghai Hanbell Precise Machinery Co. Ltd., Class A		98,000		347,147
# W	Shanghai Haohai Biological Technology Co. Ltd., Class H		145,900		801,906
	Shanghai Industrial Development Co. Ltd., Class A		447,650		231,661
	Shanghai Industrial Holdings Ltd.		1,807,000		2,647,822
	Shanghai Industrial Urban Development Group Ltd.		9,389,000		581,222
	Shanghai Jinqiao Export Processing Zone Development Co. Ltd., Class A		179,421		303,795
	Shanghai Kindly Medical Instruments Co. Ltd., Class H		98,000		353,779
	Shanghai Liangxin Electrical Co. Ltd., Class A		220,065		365,558
	Shanghai Maling Aquarius Co. Ltd., Class A		281,725		338,444
	Shanghai Mechanical & Electrical Industry Co. Ltd., Class A		134,034		277,721
	Shanghai Medicilon, Inc., Class A		6,327		137,330
	Shanghai MicroPort Endovascular MedTech Group Co. Ltd., Class A		15,743		394,084
	Shanghai Moons’ Electric Co. Ltd., Class A		44,800		252,358
	Shanghai Pioneer Holding Ltd.		1,781,000		588,551
	Shanghai Pudong Construction Co. Ltd., Class A		391,992		405,234
	Shanghai QiFan Cable Co. Ltd., Class A		42,500		126,770
	Shanghai Rongtai Health Technology Corp. Ltd., Class A		19,300		60,260
*	Shanghai Runda Medical Technology Co. Ltd., Class A		32,500		60,881
	Shanghai Shyndec Pharmaceutical Co. Ltd., Class A		224,633		435,923
	Shanghai Sinyang Semiconductor Materials Co. Ltd., Class A		47,400		287,763
	Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A		127,300		190,013
	Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A		184,300		311,565
	Shanghai Weaver Network Co. Ltd., Class A		39,329		429,239
	Shanghai Yaoji Technology Co. Ltd., Class A		71,600		357,235
	Shanghai Yongguan Adhesive Products Corp. Ltd., Class A		26,000		65,301
	Shanghai Zijiang Enterprise Group Co. Ltd., Class A		238,400		183,599
	Shanxi Blue Flame Holding Co. Ltd., Class A		189,900		221,189

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Shanxi Coking Co. Ltd., Class A		462,417	$	359,980
	Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A		252,500		464,354
	Shanying International Holding Co. Ltd., Class A		1,207,015		413,459
*	Shengda Resources Co. Ltd., Class A		221,907		602,020
	Shenguan Holdings Group Ltd.		1,628,000		80,037
	Shengyuan Environmental Protection Co. Ltd., Class A		62,200		161,709
	Shenyang Xingqi Pharmaceutical Co. Ltd., Class A		21,100		533,755
	Shenzhen Agricultural Products Group Co. Ltd., Class A		473,032		440,232
	Shenzhen Airport Co. Ltd., Class A		560,000		591,103
	Shenzhen Aisidi Co. Ltd., Class A		254,900		319,723
*	Shenzhen Bauing Construction Holding Group Co. Ltd., Class A		272,700		138,832
*	Shenzhen Center Power Tech Co. Ltd., Class A		76,600		186,548
	Shenzhen Cereals Holdings Co. Ltd., Class A		51,400		56,436
	Shenzhen Changhong Technology Co. Ltd., Class A		139,800		354,403
	Shenzhen Click Technology Co. Ltd., Class A		76,799		166,409
	Shenzhen Colibri Technologies Co. Ltd., Class A		17,400		39,719
	Shenzhen Das Intellitech Co. Ltd., Class A		657,611		366,871
	Shenzhen Desay Battery Technology Co., Class A		92,288		492,818
	Shenzhen Envicool Technology Co. Ltd., Class A		81,560		469,182
*	Shenzhen Everwin Precision Technology Co. Ltd., Class A		307,518		508,232
	Shenzhen Expressway Corp. Ltd., Class H		2,628,400		2,450,737
	Shenzhen Gongjin Electronics Co. Ltd., Class A		192,000		257,150
	Shenzhen H&T Intelligent Control Co. Ltd., Class A		120,400		274,151
W	Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H		522,000		351,071
	Shenzhen Heungkong Holding Co. Ltd., Class A		1,427,460		398,138
	Shenzhen Huaqiang Industry Co. Ltd., Class A		114,800		203,270
	Shenzhen International Holdings Ltd.		5,434,792		4,892,763
	Shenzhen Investment Holdings Bay Area Development Co. Ltd.		33,500		8,376
	Shenzhen Investment Ltd.		12,727,720		2,454,945
	Shenzhen Jieshun Science & Technology Industry Co. Ltd., Class A		157,634		253,757
	Shenzhen Jinjia Group Co. Ltd., Class A		309,800		327,484
	Shenzhen Jufei Optoelectronics Co. Ltd., Class A		179,300		138,103
	Shenzhen Laibao Hi-tech Co. Ltd., Class A		63,500		75,140
	Shenzhen Leaguer Co. Ltd., Class A		119,000		149,760
	Shenzhen Megmeet Electrical Co. Ltd., Class A		132,228		574,785
	Shenzhen Microgate Technology Co. Ltd., Class A		188,700		233,106
*	Shenzhen Neptunus Bioengineering Co. Ltd., Class A		567,300		277,785
*	Shenzhen New Nanshan Holding Group Co. Ltd., Class A		264,600		124,691
	Shenzhen Noposion Agrochemicals Co. Ltd., Class A		186,200		210,807
	Shenzhen Properties & Resources Development Group Ltd., Class A		76,600		106,927
	Shenzhen Sunline Tech Co. Ltd., Class A		229,100		387,368
	Shenzhen Sunnypol Optoelectronics Co. Ltd., Class A		43,608		230,709
	Shenzhen Suntak Circuit Technology Co. Ltd., Class A		299,700		522,244
	Shenzhen Tagen Group Co. Ltd., Class A		317,710		245,884
	Shenzhen Topband Co. Ltd., Class A		241,575		393,578
	Shenzhen Weiguang Biological Products Co. Ltd., Class A		5,600		25,458
	Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A		256,400		254,479
*	Shenzhen World Union Group, Inc., Class A		613,800		240,072
	Shenzhen Yan Tian Port Holding Co. Ltd., Class A		369,168		284,793
	Shenzhen Yinghe Technology Co. Ltd., Class A		121,600		323,808
	Shenzhen Ysstech Info-tech Co. Ltd., Class A		238,000		294,202
	Shenzhen Zhenye Group Co. Ltd., Class A		410,400		286,909
*	Shijiazhuang Changshan BeiMing Technology Co. Ltd., Class A		362,300		362,297
* ††	Shimao Group Holdings Ltd.		1,317,500		139,107
	Shinghwa Advanced Material Group Co. Ltd., Class A		17,000		160,495
	Shinva Medical Instrument Co. Ltd., Class A		90,780		422,009
	Shoucheng Holdings Ltd.		9,427,600		2,444,534
	Shougang Fushan Resources Group Ltd.		8,021,128		2,726,355
*	Shouhang High-Tech Energy Co. Ltd., Class A		620,500		342,127

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Shui On Land Ltd.		13,955,143	$	1,692,145
	Sichuan Expressway Co. Ltd., Class H		3,998,000		1,024,722
	Sichuan Furong Technology Co. Ltd., Class A		55,070		117,984
*	Sichuan Haite High-tech Co. Ltd., Class A		124,976		160,943
	Sichuan Jiuyuan Yinhai Software Co. Ltd., Class A		108,300		488,092
*	Sichuan Lutianhua Co. Ltd., Class A		246,800		161,643
	Sichuan Tianyi Comheart Telecom Co. Ltd., Class A		90,600		239,101
	Sihuan Pharmaceutical Holdings Group Ltd.		14,226,000		1,457,032
*	Silver Grant International Holdings Group Ltd.		6,192,000		224,888
W	Simcere Pharmaceutical Group Ltd.		1,664,000		1,966,852
# *	Sinco Pharmaceuticals Holdings Ltd.		1,440,000		73,505
* ††	Sinic Holdings Group Co. Ltd., Class H		235,000		0
	Sino Wealth Electronic Ltd., Class A		69,405		340,829
	Sinocare, Inc., Class A		6,500		27,002
	Sinochem International Corp., Class A		335,900		301,303
	Sinofert Holdings Ltd.		8,829,327		1,115,970
* ††	Sino-I Technology Ltd.		3,950,000		1,912
*	Sinolink Worldwide Holdings Ltd.		15,827,440		333,179
	Sinomach Automobile Co. Ltd., Class A		282,400		417,344
	Sino-Ocean Group Holding Ltd.		12,465,000		1,100,088
	Sinopec Engineering Group Co. Ltd., Class H		6,040,000		3,132,112
	Sinopec Kantons Holdings Ltd.		4,360,000		1,613,787
*	Sinopec Oilfield Service Corp., Class H		8,788,000		740,105
	Sinopec Shanghai Petrochemical Co. Ltd., Class H		12,030,000		2,103,736
	Sino-Platinum Metals Co. Ltd., Class A		147,084		356,195
	Sinoseal Holding Co. Ltd., Class A		39,200		260,725
	Sinosteel Engineering & Technology Co. Ltd., Class A		304,000		389,214
	Sinotrans Ltd., Class H		8,133,000		2,814,157
	Sinotruk Hong Kong Ltd.		2,630,500		4,020,037
	Sinotruk Jinan Truck Co. Ltd., Class A		108,600		228,985
	Skyworth Group Ltd.		6,138,266		3,060,199
	Sobute New Materials Co. Ltd., Class A		59,005		125,350
*	SOHO China Ltd.		7,927,500		1,325,055
*	Sohu.com Ltd., ADR		10,500		139,230
	Solargiga Energy Holdings Ltd.		6,367,000		197,742
*	South Manganese Investment Ltd.		2,312,000		145,795
*	So-Young International, Inc., ADR		83,482		224,567
	SSY Group Ltd.		5,629,152		3,937,203
*	STO Express Co. Ltd., Class A		287,845		446,071
	Sumavision Technologies Co. Ltd., Class A		346,900		326,016
	Sun Art Retail Group Ltd.		7,172,500		3,117,746
*	Sun King Technology Group Ltd.		4,158,000		931,619
	Sun-Create Electronics Co. Ltd., Class A		65,390		296,481
	Sunflower Pharmaceutical Group Co. Ltd., Class A		124,322		473,114
	Sunfly Intelligent Technology Co. Ltd., Class A		101,700		155,935
	Suning Universal Co. Ltd., Class A		486,700		206,858
	Sunlands Technology Group, Sponsored ADR		599		4,373
*†† W	Sunshine 100 China Holdings Ltd.		635,000		5,582
*	Sunward Intelligent Equipment Co. Ltd., Class A		187,550		163,903
	Suplet Power Co. Ltd., Class A		78,316		332,456
	Suzhou Anjie Technology Co. Ltd., Class A		162,399		307,260
*	Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A		575,700		449,238
	Suzhou Good-Ark Electronics Co. Ltd., Class A		181,300		349,669
	Suzhou Secote Precision Electronic Co. Ltd., Class A		47,200		317,179
	Suzhou SLAC Precision Equipment Co. Ltd., Class A		108,600		205,400
	SY Holdings Group Ltd.		935,500		745,453
	Symphony Holdings Ltd.		7,140,000		845,766
*	SYoung Group Co. Ltd., Class A		44,200		92,866
	T&S Communications Co. Ltd., Class A		66,437		277,525

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Tangrenshen Group Co. Ltd., Class A		249,427	$	262,684
	Tangshan Sanyou Chemical Industries Co. Ltd., Class A		319,400		266,972
	Tansun Technology Co. Ltd., Class A		93,325		224,209
	TCL Electronics Holdings Ltd.		3,348,347		1,567,484
*	Tech-Bank Food Co. Ltd., Class A		326,800		247,897
	Telling Telecommunication Holding Co. Ltd., Class A		193,500		308,245
	Ten Pao Group Holdings Ltd.		660,000		103,155
	Tenfu Cayman Holdings Co. Ltd.		306,000		181,400
	Three’s Co. Media Group Co. Ltd., Class A		24,641		554,167
	Tian An China Investment Co. Ltd.		1,719,000		931,535
#	Tian Lun Gas Holdings Ltd.		1,162,000		830,962
* ††	Tian Shan Development Holding Ltd.		1,844,000		86,919
	Tiande Chemical Holdings Ltd.		236,000		64,520
	Tiangong International Co. Ltd.		4,518,000		1,373,856
	Tianjin Capital Environmental Protection Group Co. Ltd., Class H		1,632,000		651,021
	Tianjin Development Holdings Ltd.		2,246,000		455,618
	Tianjin Port Development Holdings Ltd.		11,696,800		895,143
	Tianjin Ringpu Bio-Technology Co. Ltd., Class A		44,835		139,357
	Tianjin Teda Co. Ltd., Class A		244,600		147,006
	Tianjin You Fa Steel Pipe Group Stock Co. Ltd., Class A		194,900		188,442
#	Tianneng Power International Ltd.		2,830,048		3,286,223
* ††	Tianyun International Holdings Ltd.		1,794,000		410,989
	Tibet Cheezheng Tibetan Medicine Co. Ltd., Class A		42,700		151,078
	Tibet Rhodiola Pharmaceutical Holding Co., Class A		46,400		396,676
	Tibet Tianlu Co. Ltd., Class A		122,100		120,158
*	Tibet Water Resources Ltd.		9,150,000		525,446
	Tomson Group Ltd.		2,541,054		574,914
	Tong Ren Tang Technologies Co. Ltd., Class H		2,417,000		2,617,177
*	Tongcheng Travel Holdings Ltd.		3,499,200		7,443,519
*	Tongdao Liepin Group		567,400		726,978
	Tonghua Dongbao Pharmaceutical Co. Ltd., Class A		214,000		368,107
*	Tonghua Golden-Horse Pharmaceutical Industry Co. Ltd., Class A		170,100		129,029
	Tongling Jingda Special Magnet Wire Co. Ltd., Class A		363,380		231,190
	Tongyu Heavy Industry Co. Ltd., Class A		957,253		348,617
	Top Spring International Holdings Ltd.		1,539,500		187,972
	Topsec Technologies Group, Inc., Class A		237,127		406,548
W	Topsports International Holdings Ltd.		4,632,000		4,129,140
	Towngas Smart Energy Co. Ltd.		4,351,818		2,010,780
*	TPV Technology Co. Ltd., Class A		1,095,200		327,588
	Transfar Zhilian Co. Ltd., Class A		369,541		294,767
	TravelSky Technology Ltd., Class H		3,352,000		6,691,021
*	Trigiant Group Ltd.		4,284,000		216,244
# *	Triumph New Energy Co. Ltd., Class H		784,000		764,415
* ††	Trony Solar Holdings Co. Ltd.		1,757,000		0
	Truking Technology Ltd., Class A		68,500		155,691
	Truly International Holdings Ltd.		6,393,573		810,224
W	Tsaker New Energy Tech Co. Ltd.		1,314,500		240,385
*	Tunghsu Optoelectronic Technology Co. Ltd., Class A		970,900		239,933
# *	Tuniu Corp., Sponsored ADR		148,809		275,297
	Unilumin Group Co. Ltd., Class A		335,700		405,048
	Uni-President China Holdings Ltd.		5,025,000		5,017,298
*	United Energy Group Ltd.		29,326,900		4,419,387
	United Strength Power Holdings Ltd.		200,000		153,797
	Valiant Co. Ltd., Class A		151,651		401,622
	VanJee Technology Co. Ltd., Class A		7,200		18,923
	Vats Liquor Chain Store Management JSC Ltd., Class A		89,000		347,341
	Vatti Corp. Ltd., Class A		188,447		193,265
W	VCredit Holdings Ltd.		159,400		53,917
* W	Venus MedTech Hangzhou, Inc., Class H		360,000		503,994

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Victory Giant Technology Huizhou Co. Ltd., Class A		227,600	$	609,745
	Vinda International Holdings Ltd.		1,418,000		3,705,030
*	Viomi Technology Co. Ltd., ADR		7,017		6,513
*	Vipshop Holdings Ltd., ADR		278,356		4,370,189
	Visual China Group Co. Ltd., Class A		126,800		302,169
* W	Viva Biotech Holdings		2,995,000		617,254
*	Vnet Group, Inc., ADR		396,255		1,164,990
*	Wanbangde Pharmaceutical Holding Group Co. Ltd., Class A		89,400		101,825
	Wangneng Environment Co. Ltd., Class A		94,545		234,133
	Wangsu Science & Technology Co. Ltd., Class A		594,400		773,339
	Wanguo International Mining Group Ltd.		118,000		39,526
	Want Want China Holdings Ltd.		69,000		44,005
	Wanxiang Qianchao Co. Ltd., Class A		240,008		176,632
	Wasion Holdings Ltd.		2,370,000		1,057,404
	Wasu Media Holding Co. Ltd., Class A		403,424		552,423
*	Weibo Corp., Sponsored ADR		4,978		87,165
# *	Weibo Corp., Class A		31,420		563,563
	Weifu High-Technology Group Co. Ltd., Class A		147,900		357,230
	Weiqiao Textile Co., Class H		1,974,000		382,979
*	Wellhope Foods Co. Ltd., Class A		329,380		484,267
	West China Cement Ltd.		9,296,000		1,151,854
	Wharf Holdings Ltd.		230,000		525,920
	Winall Hi-Tech Seed Co. Ltd., Class A		36,881		81,023
*	Wison Engineering Services Co. Ltd.		1,334,000		66,258
	WPG Shanghai Smart Water PCL, Class A		56,000		64,635
	Wuhan Fingu Electronic Technology Co. Ltd., Class A		165,100		243,009
*	Wuhan P&S Information Technology Co. Ltd., Class A		405,100		277,770
	Wuhu Token Science Co. Ltd., Class A		339,700		301,815
	Wuling Motors Holdings Ltd.		1,010,000		102,087
	Wushang Group Co. Ltd., Class A		234,382		385,582
	Wuxi Boton Technology Co. Ltd., Class A		86,152		371,259
	Wuxi Taiji Industry Co. Ltd., Class A		465,900		444,479
	Wuxi Xinje Electric Co. Ltd., Class A		33,200		177,020
*	XGD, Inc., Class A		129,900		336,099
W	Xiabuxiabu Catering Management China Holdings Co. Ltd.		2,037,500		1,552,135
	Xiamen Bank Co. Ltd., Class A		275,500		222,229
	Xiamen Comfort Science & Technology Group Co. Ltd., Class A		182,400		209,914
	Xiamen International Airport Co. Ltd., Class A		20,400		57,349
	Xiamen Intretech, Inc., Class A		152,770		394,199
	Xiamen Jihong Technology Co. Ltd., Class A		42,200		129,139
	Xiamen Kingdomway Group Co., Class A		140,400		425,901
*	Xi’an Tian He Defense Technology Co. Ltd., Class A		41,200		61,416
	Xiandai Investment Co. Ltd., Class A		421,994		264,648
	Xilinmen Furniture Co. Ltd., Class A		115,900		425,544
*	Xinchen China Power Holdings Ltd.		162,000		6,027
	Xinfengming Group Co. Ltd., Class A		156,200		232,521
	Xingda International Holdings Ltd.		5,111,456		1,049,733
	Xingfa Aluminium Holdings Ltd.		481,000		432,568
	Xinhua Winshare Publishing & Media Co. Ltd., Class H		1,968,103		1,779,812
	Xinhuanet Co. Ltd., Class A		91,400		413,965
	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		2,234,600		1,832,499
	Xinjiang Xintai Natural Gas Co. Ltd., Class A		86,188		295,148
*	Xinjiang Xinxin Mining Industry Co. Ltd., Class H		1,177,000		207,849
#	Xinte Energy Co. Ltd., Class H		1,202,000		2,976,198
	Xinxiang Chemical Fiber Co. Ltd., Class A		158,600		74,220
	Xinxiang Richful Lube Additive Co. Ltd., Class A		7,600		118,524
	Xinxing Ductile Iron Pipes Co. Ltd., Class A		605,500		398,164
	Xinyangfeng Agricultural Technology Co. Ltd., Class A		252,700		413,979
	Xinyi Energy Holdings Ltd.		5,963,923		1,668,720

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Xinyu Iron & Steel Co. Ltd., Class A		549,800	$	315,635
	Xtep International Holdings Ltd.		5,076,218		5,920,351
*	Xunlei Ltd., ADR		212,469		335,701
W	Yadea Group Holdings Ltd.		4,086,000		9,553,182
*	YaGuang Technology Group Co. Ltd., Class A		278,300		291,130
*	Yanchang Petroleum International Ltd.		12,940,000		64,342
W	Yangtze Optical Fibre & Cable Joint Stock Ltd. Co., Class H		530,500		1,038,238
	Yankershop Food Co. Ltd., Class A		30,795		561,944
	Yantai Changyu Pioneer Wine Co. Ltd., Class A		54,700		245,053
	Yantai China Pet Foods Co. Ltd., Class A		70,300		219,997
	Yantai Dongcheng Pharmaceutical Co. Ltd., Class A		173,113		378,718
	Yantai Eddie Precision Machinery Co. Ltd., Class A		142,392		349,972
	Yantai Zhenghai Bio-tech Co. Ltd.		40,450		269,127
	Yantai Zhenghai Magnetic Material Co. Ltd., Class A		144,500		257,474
*	Yashili International Holdings Ltd.		5,168,000		777,568
*	Yeahka Ltd.		379,200		1,040,980
	Yeebo International Holdings Ltd.		232,000		82,862
	YGSOFT, Inc., Class A		312,360		383,429
	Yibin Tianyuan Group Co. Ltd., Class A		153,000		152,843
* W	YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H		832,400		751,508
*	Yifan Pharmaceutical Co. Ltd., Class A		185,466		402,308
	Yihai International Holding Ltd.		1,661,000		4,408,444
	Yijiahe Technology Co. Ltd., Class A		64,876		342,699
	Yip’s Chemical Holdings Ltd.		1,386,000		636,720
*	Yiren Digital Ltd., Sponsored ADR		220,957		468,429
* W	Yixin Group Ltd.		1,892,500		225,526
	Yotrio Group Co. Ltd., Class A		677,800		386,555
*	Youzu Interactive Co. Ltd., Class A		266,200		843,817
	Yuexiu Property Co. Ltd.		5,505,456		7,964,544
	Yuexiu Transport Infrastructure Ltd.		4,170,018		2,276,574
	Yusys Technologies Co. Ltd., Class A		129,900		347,147
	ZBOM Home Collection Co. Ltd., Class A		100,588		475,922
*	Zepp Health Corp., ADR		24,510		35,785
*	Zhaojin Mining Industry Co. Ltd., Class H		3,867,000		6,155,793
	Zhe Jiang Li Zi Yuan Food Co. Ltd., Class A		58,248		216,504
	Zhejiang Communications Technology Co. Ltd.		463,200		413,320
	Zhejiang Conba Pharmaceutical Co. Ltd., Class A		399,200		399,285
	Zhejiang Expressway Co. Ltd., Class H		5,646,000		4,685,390
	Zhejiang Garden Bio-Chemical High-tech Co. Ltd., Class A		145,800		266,650
# * ††	Zhejiang Glass Co. Ltd., Class H		445,000		0
	Zhejiang Hangmin Co. Ltd., Class A		287,600		328,874
	Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A		430,830		479,758
	Zhejiang Huace Film & Television Co. Ltd., Class A		617,000		769,790
	Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A		287,800		409,477
	Zhejiang Jianfeng Group Co. Ltd., Class A		24,600		43,571
	Zhejiang Jiecang Linear Motion Technology Co. Ltd., Class A		62,631		175,698
	Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A		116,829		423,785
*	Zhejiang Jingu Co. Ltd., Class A		346,600		335,934
	Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A		287,760		616,308
	Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A		154,102		355,050
	Zhejiang Medicine Co. Ltd., Class A		327,500		566,647
	Zhejiang Meida Industrial Co. Ltd., Class A		206,440		329,442
	Zhejiang Orient Financial Holdings Group Co. Ltd., Class A		665,461		383,783
	Zhejiang Orient Gene Biotech Co. Ltd., Class A		30,813		262,310
*	Zhejiang Qianjiang Motorcycle Co. Ltd., Class A		93,100		288,216
	Zhejiang Runtu Co. Ltd., Class A		306,134		327,030
	Zhejiang Semir Garment Co. Ltd., Class A		572,400		555,677
	Zhejiang Southeast Space Frame Co. Ltd., Class A		201,700		188,564
	Zhejiang Starry Pharmaceutical Co. Ltd., Class A		76,720		191,913

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Zhejiang Tiantie Industry Co. Ltd., Class A		204,844	$	272,840
	Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A		104,805		427,324
*	Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A		740,220		651,827
*	Zhejiang Wanliyang Co. Ltd., Class A		323,670		396,346
	Zhejiang Wanma Co. Ltd., Class A		233,200		363,468
	Zhejiang Windey Co. Ltd., Class A		124,850		245,037
	Zhejiang Xianju Pharmaceutical Co. Ltd., Class A		222,600		480,506
	Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A		195,200		353,165
	Zhejiang Yankon Group Co. Ltd., Class A		95,500		46,910
	Zhejiang Yasha Decoration Co. Ltd., Class A		389,600		257,957
	Zhejiang Yinlun Machinery Co. Ltd., Class A		132,900		260,314
	Zhende Medical Co. Ltd., Class A		27,693		143,392
	Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H		1,016,400		1,134,836
	Zhihu, Inc.		19,400		42,560
*	Zhong An Group Ltd.		13,063,800		384,379
* W	ZhongAn Online P&C Insurance Co. Ltd., Class H		2,147,900		6,686,485
	Zhongshan Broad Ocean Motor Co. Ltd., Class A		586,600		447,689
	Zhongshan Public Utilities Group Co. Ltd., Class A		438,100		467,822
*	Zhongtian Financial Group Co. Ltd., Class A		1,461,176		139,147
	Zhongyu Energy Holdings Ltd.		2,066,306		1,604,195
W	Zhou Hei Ya International Holdings Co. Ltd.		3,346,000		1,533,266
*	Zhuguang Holdings Group Co. Ltd.		7,108,000		662,264
	Zhuhai Bojay Electronics Co. Ltd., Class A		26,646		135,408
*	Zhuhai Orbita Aerospace Science & Technology Co. Ltd., Class A		172,200		282,401
	Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H		2,460,000		1,342,777
TOTAL CHINA					993,183,326
COLOMBIA — (0.1%)
	Banco de Bogota SA		4,139		30,131
	Bolsa de Valores de Colombia		63,819		136,522
	Celsia SA ESP		1,768,297		1,099,069
	Cementos Argos SA		827,141		544,033
*	CEMEX Latam Holdings SA		765,979		553,044
*	Corp. Financiera Colombiana SA		268,889		760,651
	Grupo Argos SA		92,672		174,574
	Grupo Aval Acciones y Valores SA, ADR		4,190		10,265
	Mineros SA		243,330		103,589
	Promigas SA ESP		10,240		9,307
TOTAL COLOMBIA					3,421,185
GREECE — (0.4%)
*	Aegean Airlines SA		137,813		1,183,444
	Athens Water Supply & Sewage Co. SA		99,492		691,493
	Autohellas Tourist & Trading SA		61,105		862,971
	Bank of Greece		115,124		2,062,481
*	Ellaktor SA		18,209		39,679
	ElvalHalcor SA		114,387		219,356
	Epsilon Net SA		13,938		119,795
	Fourlis Holdings SA		134,999		595,761
	GEK Terna Holding Real Estate Construction SA		251,168		3,436,030
	Hellenic Exchanges - Athens Stock Exchange SA		150,388		665,189
	Holding Co. ADMIE IPTO SA		297,838		578,594
	Ideal Holdings SA		4,952		24,794
	Intracom Holdings SA		131,176		257,266
*	LAMDA Development SA		145,034		895,927
	Motor Oil Hellas Corinth Refineries SA		3,868		92,188
	Piraeus Port Authority SA		26,723		563,632
	Quest Holdings SA		55,691		303,600

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
GREECE — (Continued)
	Sarantis SA		131,589	$	1,040,737
	Terna Energy SA		46,798		1,037,419
	Thrace Plastics Holding & Co.		10,140		46,451
	Titan Cement International SA		68,352		1,128,965
TOTAL GREECE					15,845,772
HONG KONG — (0.0%)
* ††	Anxin-China Holdings Ltd.		16,347,000		0
* ††	CECEP COSTIN New Materials Group Ltd.		4,494,000		0
* ††	China Common Rich Renewable Energy Investments Ltd.		17,084,000		0
	China Medical & HealthCare Group Ltd.		46,500		5,687
* ††	CTEG		18,320,000		0
* ††	DBA Telecommunication (Asia) Holdings Ltd.		876,000		0
*	Kai Yuan Holdings Ltd.		11,360,000		23,191
* ††	Long Well International Holdings Ltd.		15,232,000		0
	MediCare International Ltd.		6,950,000		38,160
* ††	Tenwow International Holdings Ltd.		4,023,000		0
*	Tongda Group Holdings Ltd.		6,815,000		95,852
* ††	Untrade.Lumena Newmat		363,249		0
TOTAL HONG KONG					162,890
HUNGARY — (0.0%)
	Magyar Telekom Telecommunications PLC		275,263		346,416
# *	Opus Global Nyrt		302,678		106,585
	Richter Gedeon Nyrt		45,099		1,089,254
TOTAL HUNGARY					1,542,255
INDIA — (16.5%)
	360 ONE WAM Ltd.		666,252		3,414,221
*	3i Infotech Ltd.		88,347		35,532
	3M India Ltd.		1,657		454,647
	Aarti Drugs Ltd.		112,812		582,053
	Aarti Industries Ltd.		481,467		3,312,286
*	Aarti Pharmalabs Ltd.		113,222		507,682
*	Aavas Financiers Ltd.		64,025		1,087,498
	Abbott India Ltd.		15,291		4,173,877
	Accelya Solutions India Ltd.		3,300		57,118
	Action Construction Equipment Ltd.		86,186		441,645
*	Adani Transmission Ltd.		101,564		1,283,458
	ADF Foods Ltd.		2,944		26,851
*	Aditya Birla Capital Ltd.		1,042,109		2,138,627
	Advanced Enzyme Technologies Ltd.		159,570		506,135
	Aegis Logistics Ltd.		508,694		2,446,555
*	Affle India Ltd.		56,365		645,055
	AGI Greenpac Ltd.		39,239		199,579
	Agro Tech Foods Ltd.		54,802		536,373
	Ahluwalia Contracts India Ltd.		42,339		267,642
	AIA Engineering Ltd.		175,268		5,857,272
	Ajanta Pharma Ltd.		149,869		2,415,217
	Akzo Nobel India Ltd.		42,912		1,221,000
	Alembic Ltd.		269,593		206,405
	Alembic Pharmaceuticals Ltd.		194,229		1,320,056
	Alkyl Amines Chemicals		48,225		1,398,386
	Allcargo Logistics Ltd.		216,315		725,962
	Allcargo Terminals Ltd.		216,315		162,250
*	Alok Industries Ltd.		3,273,901		507,622
	Amara Raja Batteries Ltd.		230,643		1,698,951
*	Amber Enterprises India Ltd.		19,159		439,142

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Ambika Cotton Mills Ltd.		1,221	$	22,899
	Amrutanjan Health Care Ltd.		19,178		142,088
	Anant Raj Ltd.		386,981		671,451
	Andhra Paper Ltd.		12,953		71,581
	Andhra Sugars Ltd.		165,885		235,352
	Angel One Ltd.		56,250		849,746
	Apar Industries Ltd.		37,932		1,307,418
	Apcotex Industries Ltd.		23,104		142,264
	APL Apollo Tubes Ltd.		303,875		4,447,159
	Apollo Pipes Ltd.		10,565		76,974
	Apollo Tyres Ltd.		1,117,624		4,757,869
	Aptech Ltd.		6,495		33,823
*	Arvind Fashions Ltd.		202,670		701,156
*	Arvind Ltd.		541,245		715,823
*	Arvind SmartSpaces Ltd.		33,199		127,714
	Asahi India Glass Ltd.		338,721		2,005,507
	Ashiana Housing Ltd.		65,296		141,991
*	Ashoka Buildcon Ltd.		369,747		398,013
	Asian Granito India Ltd.		119,613		71,682
	Astec Lifesciences Ltd.		11,777		192,905
* W	Aster DM Healthcare Ltd.		261,313		787,578
	Astra Microwave Products Ltd.		153,888		581,660
	AstraZeneca Pharma India Ltd.		11,184		431,658
	Atul Ltd.		55,475		4,671,303
W	AU Small Finance Bank Ltd.		152,487		1,241,364
	Aurobindo Pharma Ltd.		176,533		1,330,178
	Automotive Axles Ltd.		16,733		494,420
	Avadh Sugar & Energy Ltd.		8,360		52,048
	Avanti Feeds Ltd.		154,700		685,513
	Bajaj Consumer Care Ltd.		334,250		648,595
*	Bajaj Hindusthan Sugar Ltd.		2,240,416		401,970
	Bajaj Holdings & Investment Ltd.		28,741		2,426,439
	Balaji Amines Ltd.		42,308		1,089,446
	Balmer Lawrie & Co. Ltd.		230,549		333,669
	Balrampur Chini Mills Ltd.		429,065		2,189,048
	Banco Products India Ltd.		54,696		173,046
	Bank of India		839,490		865,484
	Bank of Maharashtra		986,206		365,268
	Bannari Amman Sugars Ltd.		12,765		452,793
	BASF India Ltd.		45,092		1,308,918
	Bata India Ltd.		145,073		2,616,166
	Bayer CropScience Ltd.		15,497		784,133
*	BEML Land Assets Ltd.		48,307		122,632
	BEML Ltd.		53,357		795,114
*	BF Utilities Ltd.		59,511		246,477
	Bhansali Engineering Polymers Ltd.		228,412		283,132
	Bharat Bijlee Ltd.		6,435		216,029
	Bharat Dynamics Ltd.		83,557		1,030,471
	Bharat Electronics Ltd.		2,258,895		2,856,663
	Bharat Forge Ltd.		30,090		294,831
	Bharat Heavy Electricals Ltd.		2,654,685		2,559,337
	Bharat Rasayan Ltd.		3,159		382,639
	Biocon Ltd.		692,268		1,967,131
	Birla Corp. Ltd.		94,933		1,068,950
	Birlasoft Ltd.		464,713		1,560,085
*	Black Box Ltd.		24,459		41,249
	Bliss Gvs Pharma Ltd.		106,354		99,940
	Blue Dart Express Ltd.		17,602		1,279,924
	Blue Star Ltd.		126,884		2,301,954

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Bodal Chemicals Ltd.		82,131	$	70,531
	Bombay Burmah Trading Co.		37,808		479,217
*	Bombay Dyeing & Manufacturing Co. Ltd.		3,522		3,987
*	Borosil Ltd.		14,279		71,284
*	Borosil Renewables Ltd.		133,245		838,218
	Brigade Enterprises Ltd.		324,725		1,989,951
	Brightcom Group Ltd.		580,331		66,732
	BSE Ltd.		229,927		1,477,207
*	Camlin Fine Sciences Ltd.		186,688		394,714
	Can Fin Homes Ltd.		177,879		1,343,774
*	Capacit’e Infraprojects Ltd.		78,283		126,003
	Caplin Point Laboratories Ltd.		72,924		606,202
	Carborundum Universal Ltd.		263,398		3,453,298
	Care Ratings Ltd.		69,411		546,060
	Carysil Ltd.		2,015		14,749
	Castrol India Ltd.		633,343		928,958
	CCL Products India Ltd.		280,307		2,057,098
	Ceat Ltd.		86,455		1,658,405
*	Central Bank of India Ltd.		955,988		356,111
	Central Depository Services India Ltd.		195,483		2,411,511
	Century Enka Ltd.		24,543		120,395
	Century Plyboards India Ltd.		204,878		1,307,976
	Century Textiles & Industries Ltd.		143,215		1,195,324
	Cera Sanitaryware Ltd.		17,554		1,343,961
	CESC Ltd.		2,163,177		1,816,273
	CG Power & Industrial Solutions Ltd.		315,782		1,191,696
*	Chalet Hotels Ltd.		13,713		64,544
	Chambal Fertilisers & Chemicals Ltd.		549,880		1,922,135
	Chennai Petroleum Corp. Ltd.		157,831		587,650
††	Chennai Super Kings Cricket Ltd.		1,658,632		8,551
	Cholamandalam Financial Holdings Ltd.		389,121		2,873,578
	Cigniti Technologies Ltd.		19,840		209,677
	City Union Bank Ltd.		1,316,807		2,289,357
W	Cochin Shipyard Ltd.		111,604		688,655
* W	Coffee Day Enterprises Ltd.		414,128		165,901
	Coforge Ltd.		97,893		5,018,292
	Computer Age Management Services Ltd.		55,028		1,386,781
	Confidence Petroleum India Ltd.		123,205		92,344
	Coromandel International Ltd.		386,151		4,467,516
*	Cosmo First Ltd.		16,591		126,607
*	CreditAccess Grameen Ltd.		94,228		1,114,348
	CRISIL Ltd.		57,935		2,555,221
	Crompton Greaves Consumer Electricals Ltd.		1,633,503		5,101,239
*	CSB Bank Ltd.		114,573		393,696
	Cummins India Ltd.		131,201		2,530,941
	Cyient Ltd.		175,072		2,531,872
*	D B Realty Ltd.		178,250		191,438
	Dalmia Bharat Ltd.		140,715		3,449,674
	Dalmia Bharat Sugar & Industries Ltd.		23,695		107,694
	DB Corp. Ltd.		130,281		188,361
	DCB Bank Ltd.		848,498		1,109,082
	DCM Shriram Ltd.		130,253		1,301,188
	DCW Ltd.		319,843		179,894
	Deepak Fertilisers & Petrochemicals Corp. Ltd.		187,415		1,375,195
	Deepak Nitrite Ltd.		152,841		3,528,626
	Delta Corp. Ltd.		446,857		1,124,045
*	DEN Networks Ltd.		277,502		104,250
*	Dhampur Bio Organics Ltd.		121,578		247,519
	Dhampur Sugar Mills Ltd.		99,655		298,691

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	Dhani Services Ltd.		900,123	$	421,763
	Dhanuka Agritech Ltd.		42,563		334,475
W	Dilip Buildcon Ltd.		141,880		313,466
*	Dish TV India Ltd.		2,689,794		523,671
*	Dishman Carbogen Amcis Ltd.		194,853		332,431
	Dixon Technologies India Ltd.		84,327		3,012,065
	Dollar Industries Ltd.		20,031		85,248
W	Dr Lal PathLabs Ltd.		118,777		2,840,421
	Dwarikesh Sugar Industries Ltd.		137,710		155,339
	Dynamatic Technologies Ltd.		4,981		178,347
	eClerx Services Ltd.		93,680		1,533,427
	Edelweiss Financial Services Ltd.		1,657,614		1,387,543
	EID Parry India Ltd.		253,753		1,561,996
*	EIH Associated Hotels		7,709		45,029
*	EIH Ltd.		592,462		1,368,374
	Electrosteel Castings Ltd.		1,368,874		637,768
	Elgi Equipments Ltd.		530,070		3,023,754
	Emami Ltd.		457,210		2,094,104
W	Endurance Technologies Ltd.		54,632		894,475
	Engineers India Ltd.		737,796		746,655
	EPL Ltd.		305,053		652,609
* W	Equitas Small Finance Bank Ltd.		1,065,195		902,414
W	Eris Lifesciences Ltd.		91,073		696,914
	ESAB India Ltd.		8,298		353,935
	Escorts Kubota Ltd.		65,710		1,594,675
	Everest Industries Ltd.		6,837		73,434
	Everest Kanto Cylinder Ltd.		28,491		33,836
	Excel Industries Ltd.		7,725		82,890
*	Exide Industries Ltd.		1,080,287		2,589,055
*	FDC Ltd.		172,443		618,913
	Federal Bank Ltd.		5,370,459		8,892,903
*	Federal-Mogul Goetze India Ltd.		26,987		109,858
	FIEM Industries Ltd.		8,676		188,040
	Filatex India Ltd.		254,560		113,679
	Fine Organic Industries Ltd.		14,215		770,926
	Fino Payments Bank Ltd.		2,194		5,725
	Finolex Cables Ltd.		264,201		2,889,380
	Finolex Industries Ltd.		955,420		1,961,243
	Firstsource Solutions Ltd.		1,007,476		1,440,462
	Force Motors Ltd.		10,909		178,806
*	Fortis Healthcare Ltd.		1,709,495		5,464,140
	Gabriel India Ltd.		234,396		442,578
	Galaxy Surfactants Ltd.		15,998		489,118
*	Ganesh Housing Corp. Ltd.		20,329		82,862
	Garden Reach Shipbuilders & Engineers Ltd.		38,939		221,255
	Garware Technical Fibres Ltd.		35,378		1,256,409
	Gateway Distriparks Ltd.		978,876		766,182
*	Gati Ltd.		130,129		190,108
*	GE T&D India Ltd.		196,502		425,026
W	General Insurance Corp. of India		11,497		21,634
	Genus Power Infrastructures Ltd.		172,620		192,232
	Geojit Financial Services Ltd.		27,742		15,275
	GHCL Ltd.		185,148		1,103,222
	Ghcl Textiles Ltd.		185,148		75,225
	GIC Housing Finance Ltd.		94,840		191,066
	Gillette India Ltd.		17,893		961,807
	GlaxoSmithKline Pharmaceuticals Ltd.		41,567		631,141
	Glenmark Pharmaceuticals Ltd.		486,775		3,356,767
	GMM Pfaudler Ltd.		46,894		851,211

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	GMR Airports Infrastructure Ltd.		5,745,795	$	3,212,681
	Godawari Power & Ispat Ltd.		97,550		427,147
	Godfrey Phillips India Ltd.		48,483		1,051,296
W	Godrej Agrovet Ltd.		45,997		246,542
*	Godrej Industries Ltd.		178,284		977,843
*	Godrej Properties Ltd.		4,185		67,603
	Goodyear India Ltd.		9,677		131,123
	Granules India Ltd.		481,635		1,770,257
	Graphite India Ltd.		99,639		362,157
	Grauer & Weil India Ltd.		127,408		176,277
*	Gravita India Ltd.		37,089		231,058
	Great Eastern Shipping Co. Ltd.		307,104		2,549,708
	Greaves Cotton Ltd.		314,628		515,373
	Greenlam Industries Ltd.		26,311		94,146
	Greenpanel Industries Ltd.		64,267		235,258
	Greenply Industries Ltd.		97,847		173,357
	Grindwell Norton Ltd.		111,313		2,601,476
*	GTL Infrastructure Ltd.		2,000,000		19,594
	Gujarat Alkalies & Chemicals Ltd.		102,704		862,525
	Gujarat Ambuja Exports Ltd.		243,558		872,242
	Gujarat Fluorochemicals Ltd.		100,964		4,198,520
	Gujarat Industries Power Co. Ltd.		176,262		201,283
	Gujarat Mineral Development Corp. Ltd.		212,060		407,042
	Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		239,481		1,722,828
	Gujarat Pipavav Port Ltd.		967,972		1,346,693
	Gujarat State Fertilizers & Chemicals Ltd.		515,332		1,001,693
	Gujarat State Petronet Ltd.		798,223		2,787,744
	Gulf Oil Lubricants India Ltd.		50,156		250,449
	Happiest Minds Technologies Ltd.		83,871		847,687
*	Hathway Cable & Datacom Ltd.		1,222,690		201,597
	Hatsun Agro Product Ltd.		113,479		1,171,692
	HBL Power Systems Ltd.		305,656		422,549
*	HealthCare Global Enterprises Ltd.		57,836		191,171
	HEG Ltd.		36,957		506,138
	HeidelbergCement India Ltd.		205,805		435,178
	Heritage Foods Ltd.		108,008		224,327
	Hester Biosciences Ltd.		11,620		257,217
	HFCL Ltd.		2,094,768		1,658,612
	HG Infra Engineering Ltd.		40,956		441,285
	Hikal Ltd.		176,703		634,895
	HIL Ltd.		14,909		494,137
	Himadri Speciality Chemical Ltd.		577,459		732,437
	Himatsingka Seide Ltd.		20,776		20,988
	Hinduja Global Solutions Ltd.		42,805		542,774
*	Hindustan Construction Co. Ltd.		2,810,549		559,344
	Hindustan Copper Ltd.		492,018		611,763
*	Hindustan Oil Exploration Co. Ltd.		190,919		386,534
*	Hindware Home Innovation Ltd.		37,126		175,739
	Hitachi Energy India Ltd.		9,969		404,125
	Hle Glascoat Ltd.		17,520		127,812
	Honda India Power Products Ltd.		12,211		367,908
	Honeywell Automation India Ltd.		323		140,683
	Huhtamaki India Ltd.		86,236		239,596
	I G Petrochemicals Ltd.		20,355		120,649
W	ICICI Securities Ltd.		179,667		973,993
	ICRA Ltd.		7,363		425,725
*	IDFC First Bank Ltd.		352		268
	IDFC Ltd.		3,603,867		3,893,835
*	IFB Industries Ltd.		33,304		345,182

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	Igarashi Motors India Ltd.		2,487	$	11,247
	IIFL Finance Ltd.		566,978		3,329,854
	IIFL Securities Ltd.		171,590		123,836
	India Cements Ltd.		488,174		1,109,219
	India Glycols Ltd.		47,953		332,404
	India Nippon Electricals Ltd.		1,455		6,509
*	Indiabulls Housing Finance Ltd.		947,333		1,255,336
*	Indiabulls Real Estate Ltd.		986,919		882,940
W	IndiaMart InterMesh Ltd.		3,087		202,983
	Indian Bank		294,130		1,162,467
W	Indian Energy Exchange Ltd.		1,008,432		1,934,049
	Indian Hotels Co. Ltd.		691,971		2,877,289
	Indo Count Industries Ltd.		172,184		287,410
	Indoco Remedies Ltd.		113,141		445,282
	Indraprastha Gas Ltd.		401,403		2,431,574
*	Infibeam Avenues Ltd.		3,588,257		608,279
	Ingersoll Rand India Ltd.		21,022		712,946
*	Inox Wind Ltd.		164,129		215,869
	Insecticides India Ltd.		17,343		101,594
	Intellect Design Arena Ltd.		224,382		1,225,643
	IOL Chemicals & Pharmaceuticals Ltd.		48,921		239,451
	Ipca Laboratories Ltd.		436,611		3,789,333
	IRB Infrastructure Developers Ltd.		4,233,700		1,428,444
W	IRCON International Ltd.		640,656		582,562
	ISGEC Heavy Engineering Ltd.		34,349		204,986
	ITD Cementation India Ltd.		240,706		365,798
*	ITI Ltd.		172,689		201,245
	J Kumar Infraprojects Ltd.		86,023		289,383
	Jagran Prakashan Ltd.		259,757		233,537
	Jai Corp. Ltd.		117,016		213,146
*	Jaiprakash Associates Ltd.		1,187,941		109,402
*	Jaiprakash Power Ventures Ltd.		9,087,601		658,088
*	Jammu & Kashmir Bank Ltd.		658,377		472,228
	Jamna Auto Industries Ltd.		584,889		750,381
	JB Chemicals & Pharmaceuticals Ltd.		141,326		3,653,076
	JBM Auto Ltd.		51,070		502,349
	Jindal Poly Films Ltd.		64,941		496,886
	Jindal Saw Ltd.		585,377		1,174,598
	Jindal Stainless Ltd.		1,250,402		4,345,885
	JK Cement Ltd.		118,052		4,343,526
	JK Lakshmi Cement Ltd.		175,402		1,678,823
	JK Paper Ltd.		272,095		1,260,565
	JK Tyre & Industries Ltd.		343,591		755,839
	JM Financial Ltd.		1,482,551		1,108,879
*	Johnson Controls-Hitachi Air Conditioning India Ltd.		29,643		406,069
	JSW Energy Ltd.		40,228		128,021
	JTEKT India Ltd.		150,187		201,725
	Jubilant Ingrevia Ltd.		447,508		2,307,095
	Jubilant Pharmova Ltd.		267,938		1,017,868
*	Just Dial Ltd.		31,549		260,247
	Jyothy Labs Ltd.		475,110		1,128,162
	Kajaria Ceramics Ltd.		286,566		3,843,407
	Kalpataru Power Transmission Ltd.		269,797		1,785,524
	Kalyani Steels Ltd.		73,704		299,119
	Kansai Nerolac Paints Ltd.		122,967		572,039
	Karnataka Bank Ltd.		855,828		1,414,443
	Karur Vysya Bank Ltd.		1,624,247		1,947,032
	Kaveri Seed Co. Ltd.		80,593		523,924
	KCP Ltd.		130,011		168,999

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	KEC International Ltd.		358,491	$	2,012,962
	KEI Industries Ltd.		207,523		4,822,762
	Kennametal India Ltd.		13,087		367,586
*	Kesoram Industries Ltd.		542,235		404,964
	Kewal Kiran Clothing Ltd.		21,487		121,698
*	Kiri Industries Ltd.		22,883		82,805
	Kirloskar Brothers Ltd.		52,545		274,926
	Kirloskar Ferrous Industries Ltd.		80,429		404,842
	Kirloskar Oil Engines Ltd.		196,999		951,577
	Kitex Garments Ltd.		41,078		80,860
	KNR Constructions Ltd.		384,466		1,131,780
	Kolte-Patil Developers Ltd.		67,387		208,655
	KPIT Technologies Ltd.		686,673		7,717,992
	KPR Mill Ltd.		423,125		3,117,331
	KRBL Ltd.		158,822		768,296
	Krsnaa Diagnostics Ltd.		2,536		15,751
	KSB Ltd.		46,015		1,272,385
	L&T Finance Holdings Ltd.		2,318,136		2,634,140
	LA Opala RG Ltd.		122,971		579,009
	Lakshmi Machine Works Ltd.		12,187		1,613,120
W	Laurus Labs Ltd.		773,912		2,914,427
	LG Balakrishnan & Bros Ltd.		49,381		526,718
	LIC Housing Finance Ltd.		937,053		3,952,853
	Linde India Ltd.		76,249		3,739,581
	LT Foods Ltd.		520,163		707,407
	Lumax Auto Technologies Ltd.		75,328		289,160
	Lumax Industries Ltd.		3,899		98,107
	Lupin Ltd.		100,957		874,347
*	LUX Industries Ltd.		27,052		454,261
	Mahanagar Gas Ltd.		191,472		2,361,526
	Maharashtra Scooters Ltd.		2,056		126,610
	Maharashtra Seamless Ltd.		197,986		1,042,950
	Mahindra & Mahindra Financial Services Ltd.		1,784,678		5,678,338
	Mahindra CIE Automotive Ltd.		439,069		2,152,163
*	Mahindra Holidays & Resorts India Ltd.		241,272		893,215
	Mahindra Lifespace Developers Ltd.		309,675		1,412,564
W	Mahindra Logistics Ltd.		57,741		261,190
	Maithan Alloys Ltd.		13,780		152,883
	Man Infraconstruction Ltd.		212,547		212,647
	Manappuram Finance Ltd.		1,608,041		2,556,228
	Mangalam Cement Ltd.		25,821		91,195
*	Mangalore Refinery & Petrochemicals Ltd.		640,392		505,763
	Marksans Pharma Ltd.		647,499		639,147
W	MAS Financial Services Ltd.		43,147		369,845
	Mastek Ltd.		43,609		918,495
*	Max Financial Services Ltd.		38,518		300,519
*	Max Ventures & Industries Ltd.		57,033		134,355
	Mayur Uniquoters Ltd.		55,428		346,045
	Mazagon Dock Shipbuilders Ltd.		52,223		483,512
	Meghmani Finechem Ltd.		47,103		553,288
	Meghmani Organics Ltd.		501,099		523,264
W	Metropolis Healthcare Ltd.		52,906		811,848
	Minda Corp. Ltd.		157,745		547,717
*	Mirza International Ltd.		64,179		52,052
W	Mishra Dhatu Nigam Ltd.		110,171		276,907
	MM Forgings Ltd.		14,156		145,077
	MOIL Ltd.		209,131		401,107
	Monte Carlo Fashions Ltd.		21,677		188,219
*	Morepen Laboratories Ltd.		949,149		319,480

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Motilal Oswal Financial Services Ltd.		124,800	$	945,307
	MRF Ltd.		1,433		1,560,297
	Mrs Bectors Food Specialities Ltd.		16,232		122,772
	MSTC Ltd.		125,397		465,076
	Multi Commodity Exchange of India Ltd.		74,864		1,285,316
	Nahar Spinning Mills Ltd.		949		3,339
	Narayana Hrudayalaya Ltd.		126,702		1,177,553
	Natco Pharma Ltd.		337,207		2,373,557
	National Aluminium Co. Ltd.		2,223,972		2,262,665
*	National Fertilizers Ltd.		149,910		145,365
	Nava Ltd.		237,619		686,184
	Navin Fluorine International Ltd.		80,061		4,752,123
	Navneet Education Ltd.		316,145		445,869
	NBCC India Ltd.		2,320,068		1,121,235
	NCC Ltd.		1,200,069		1,760,508
	NCL Industries Ltd.		16,947		38,846
	NELCO Ltd.		41,991		324,820
	Neogen Chemicals Ltd.		16,649		321,541
	NESCO Ltd.		78,881		535,196
	Neuland Laboratories Ltd.		11,566		302,307
	Newgen Software Technologies Ltd.		22,138		136,995
*	NIIT Ltd.		297,159		1,321,466
	Nilkamal Ltd.		20,926		527,209
W	Nippon Life India Asset Management Ltd.		181,676		530,775
	NLC India Ltd.		736,987		734,808
	NOCIL Ltd.		318,127		830,786
	Novartis India Ltd.		790		5,757
	NRB Bearings Ltd.		160,550		296,185
	Nucleus Software Exports Ltd.		28,161		208,406
	Oberoi Realty Ltd.		147,412		1,648,871
	Oil India Ltd.		888,909		2,780,488
*	Omaxe Ltd.		135,104		88,390
	OnMobile Global Ltd.		25,753		22,140
	Oracle Financial Services Software Ltd.		51,168		2,242,042
	Orient Cement Ltd.		376,080		585,814
	Orient Electric Ltd.		335,916		917,209
	Orient Paper & Industries Ltd.		330,250		175,877
	Oriental Carbon & Chemicals Ltd.		13,532		115,888
*	Oriental Hotels Ltd.		114,293		126,336
*	Orissa Minerals Development Co. Ltd.		1,310		44,766
	Paisalo Digital Ltd.		455,589		284,216
	Panama Petrochem Ltd.		50,945		185,416
* W	Parag Milk Foods Ltd.		129,598		139,560
*	Patel Engineering Ltd.		507,632		127,511
*	PC Jeweller Ltd.		508,687		159,226
	PCBL Ltd.		555,314		872,111
	Persistent Systems Ltd.		203,164		11,810,212
	Petronet LNG Ltd.		92,651		268,931
	Pfizer Ltd.		35,000		1,609,945
	Phoenix Mills Ltd.		336,538		5,955,687
	Piramal Enterprises Ltd.		233,366		2,107,710
* W	PNB Housing Finance Ltd.		238,767		1,307,269
	PNB Housing Finance Ltd.		128,226		698,820
	PNC Infratech Ltd.		274,555		953,587
	Poly Medicure Ltd.		73,693		884,294
	Polyplex Corp. Ltd.		54,794		914,340
	Poonawalla Fincorp Ltd.		208,526		827,424
	Power Finance Corp. Ltd.		120,281		250,793
	Power Mech Projects Ltd.		13,289		428,488

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Praj Industries Ltd.		333,173	$	1,451,080
*	Prakash Industries Ltd.		271,327		181,992
W	Prataap Snacks Ltd.		8,396		74,358
	Prestige Estates Projects Ltd.		489,030		2,933,658
*	Pricol Ltd.		157,068		482,269
	Prince Pipes & Fittings Ltd.		84,985		614,958
*	Prism Johnson Ltd.		446,937		680,420
	Privi Speciality Chemicals Ltd.		9,909		129,487
	Procter & Gamble Health Ltd.		29,018		1,650,046
	PSP Projects Ltd.		26,717		225,395
*	PTC India Financial Services Ltd.		554,178		98,160
	PTC India Ltd.		682,213		794,366
*	PVR Ltd.		192,838		3,464,653
W	Quess Corp. Ltd.		119,824		533,502
	Radico Khaitan Ltd.		272,791		3,758,122
	Rain Industries Ltd.		521,498		1,037,581
	Rajesh Exports Ltd.		217,740		1,487,886
	Rallis India Ltd.		270,348		626,191
	Ramco Cements Ltd.		304,449		2,753,138
	Ramco Industries Ltd.		125,986		199,348
*	Ramco Systems Ltd.		9,219		25,584
	Ramkrishna Forgings Ltd.		125,925		499,645
*	Ramky Infrastructure Ltd.		19,107		93,787
	Rane Holdings Ltd.		10,752		122,562
	Rashtriya Chemicals & Fertilizers Ltd.		520,795		695,819
	Ratnamani Metals & Tubes Ltd.		90,384		2,377,314
*	RattanIndia Power Ltd.		236,624		9,152
	Raymond Ltd.		136,741		2,669,943
* W	RBL Bank Ltd.		1,414,364		2,797,165
	REC Ltd.		3,328,706		5,397,757
	Redington Ltd.		1,941,308		4,007,662
	Redtape Ltd.		64,179		172,414
	Relaxo Footwears Ltd.		148,538		1,535,786
	Reliance Industrial Infrastructure Ltd.		34,225		353,984
*	Reliance Infrastructure Ltd.		402,944		780,546
*	Reliance Power Ltd.		7,154,550		1,081,547
	Repco Home Finance Ltd.		147,158		343,213
*	Restaurant Brands Asia Ltd.		7,145		8,929
	Rhi Magnesita India Ltd.		86,736		684,618
	Rico Auto Industries Ltd.		241,078		212,196
	RITES Ltd.		110,639		521,107
	Route Mobile Ltd.		5,471		85,439
*	RPSG Ventures Ltd.		4,040		19,236
	RSWM Ltd.		58,158		130,887
	Rupa & Co. Ltd.		49,237		147,115
	Safari Industries India Ltd.		6,616		196,932
	Sagar Cements Ltd.		51,473		121,458
	Sandhar Technologies Ltd.		2,175		5,616
	Sangam India Ltd.		11,303		37,736
*	Sanghi Industries Ltd.		71,106		56,120
	Sanghvi Movers Ltd.		31,250		148,105
	Sanofi India Ltd.		29,481		2,008,876
	Sarda Energy & Minerals Ltd.		20,169		276,138
	Saregama India Ltd.		86,737		351,552
	Sasken Technologies Ltd.		14,843		162,622
*	Satin Creditcare Network Ltd.		44,951		79,866
	Savita Oil Technologies Ltd.		45,238		154,470
	Schaeffler India Ltd.		82,976		2,827,771
*	Schneider Electric Infrastructure Ltd.		184,071		398,818

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	SEAMEC Ltd.		6,779	$	52,507
*	SEPC Ltd.		464,315		61,052
*	Sequent Scientific Ltd.		244,159		221,394
	Seshasayee Paper & Boards Ltd.		71,584		245,634
W	SH Kelkar & Co. Ltd.		112,725		158,866
	Shakti Pumps India Ltd.		4,523		24,415
	Shankara Building Products Ltd.		17,988		138,853
	Shanthi Gears Ltd.		26,182		114,590
	Sharda Cropchem Ltd.		84,617		482,120
	Sharda Motor Industries Ltd.		5,868		50,291
*	Sheela Foam Ltd.		12,863		163,825
	Shilpa Medicare Ltd.		112,538		353,999
	Shipping Corp. of India Ltd.		469,725		523,818
	Shipping Corp. of India Ltd.		469,725		155,262
*	Shoppers Stop Ltd.		119,820		969,542
*	Shree Renuka Sugars Ltd.		1,737,947		1,003,028
	Shriram Finance Ltd.		75,098		1,227,516
*	SIS Ltd.		55,164		259,768
	Siyaram Silk Mills Ltd.		27,614		165,443
	SKF India Ltd.		78,659		4,029,342
	Sobha Ltd.		130,458		740,065
	Solar Industries India Ltd.		101,048		4,726,989
*	Solara Active Pharma Sciences Ltd.		24,205		113,110
	Somany Ceramics Ltd.		17,198		112,315
	Sonata Software Ltd.		268,088		2,800,712
*	South Indian Bank Ltd.		5,518,850		1,114,739
*	SP Apparels Ltd.		1,629		7,368
*	Spandana Sphoorty Financial Ltd.		41,183		300,937
*	Star Cement Ltd.		212,009		303,206
	Sterlite Technologies Ltd.		554,635		1,093,148
*	Strides Pharma Science Ltd.		208,324		866,146
*	Stylam Industries Ltd.		7,012		99,720
	Styrenix Performance Materials Ltd.		6,219		60,306
*	Subex Ltd.		1,122,066		445,567
	Subros Ltd.		89,803		339,385
	Sudarshan Chemical Industries Ltd.		102,209		516,268
	Sumitomo Chemical India Ltd.		179,952		887,930
	Sun TV Network Ltd.		285,578		1,511,859
	Sundaram Finance Holdings Ltd.		80,225		83,239
	Sundaram Finance Ltd.		105,924		3,067,146
	Sundaram-Clayton Ltd.		10,933		533,694
	Sundram Fasteners Ltd.		316,668		4,077,399
*	Sunflag Iron & Steel Co. Ltd.		44,836		81,537
	Sunteck Realty Ltd.		185,188		687,361
	Suprajit Engineering Ltd.		222,652		979,365
	Supreme Industries Ltd.		207,576		6,898,229
	Supreme Petrochem Ltd.		296,898		1,389,886
	Surya Roshni Ltd.		40,235		392,639
	Sutlej Textiles & Industries Ltd.		74,936		47,614
	Suven Pharmaceuticals Ltd.		678,550		3,919,787
*	Suzlon Energy Ltd.		18,081,647		1,855,663
	Swan Energy Ltd.		76,621		208,208
	Swaraj Engines Ltd.		20,114		428,671
	Symphony Ltd.		61,332		737,103
W	Syngene International Ltd.		385,557		3,193,656
	Tamil Nadu Newsprint & Papers Ltd.		86,283		255,596
	Tamilnadu Petroproducts Ltd.		77,740		80,573
	Tanla Platforms Ltd.		108,762		906,238
*	TARC Ltd.		129,358		79,567

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Tata Chemicals Ltd.		399,198	$	4,660,337
	Tata Coffee Ltd.		123,118		331,883
	Tata Metaliks Ltd.		56,536		538,488
	Tata Steel Long Products Ltd.		44,261		354,502
	TCI Express Ltd.		56,605		1,022,121
* W	TCNS Clothing Co. Ltd.		5,301		31,747
	TD Power Systems Ltd.		78,887		169,457
*	TeamLease Services Ltd.		1,070		27,878
	Techno Electric & Engineering Co. Ltd.		198,034		904,120
* W	Tejas Networks Ltd.		25,911		209,227
	Texmaco Rail & Engineering Ltd.		444,711		310,596
	Thermax Ltd.		65,887		1,848,607
	Thirumalai Chemicals Ltd.		105,008		256,296
*	Thomas Cook India Ltd.		329,769		266,173
W	Thyrocare Technologies Ltd.		65,124		354,402
	Tide Water Oil Co. India Ltd.		24,749		261,763
	Tilaknagar Industries Ltd.		175,290		266,908
	Time Technoplast Ltd.		390,193		404,463
	Timken India Ltd.		86,655		3,167,649
	Tinplate Co. of India Ltd.		109,549		436,688
*	Titagarh Wagons Ltd.		145,142		590,541
	Torrent Power Ltd.		553,319		3,706,784
	Tourism Finance Corp. of India Ltd.		138,784		127,329
	TransIndia Realty & Logistics Parks Ltd.		216,315		64,145
	Transport Corp. of India Ltd.		98,187		757,876
	Trident Ltd.		4,143,289		1,582,064
	Triveni Engineering & Industries Ltd.		265,188		934,394
	Triveni Turbine Ltd.		222,551		998,275
	TTK Prestige Ltd.		146,619		1,318,598
	Tube Investments of India Ltd.		314,381		9,958,087
	TV Today Network Ltd.		89,678		212,062
*	TV18 Broadcast Ltd.		1,722,864		639,960
	TVS Srichakra Ltd.		13,220		456,719
	Uflex Ltd.		110,987		548,130
	Ugar Sugar Works Ltd.		140,911		185,268
*	Ugro Capital Ltd.		89,122		196,667
	Ujjivan Financial Services Ltd.		247,224		859,896
W	Ujjivan Small Finance Bank Ltd.		1,070,258		365,321
	Unichem Laboratories Ltd.		124,053		579,124
	Union Bank of India Ltd.		1,378,209		1,283,080
	UNO Minda Ltd.		469,735		2,994,304
	Usha Martin Ltd.		335,987		880,047
	UTI Asset Management Co. Ltd.		56,254		453,309
*	VA Tech Wabag Ltd.		109,564		525,277
	Vaibhav Global Ltd.		248,778		963,629
	Vakrangee Ltd.		1,369,603		283,353
W	Valiant Organics Ltd.		5,527		34,184
*	Vardhman Textiles Ltd.		478,921		1,862,274
* W	Varroc Engineering Ltd.		82,536		294,187
	Varun Beverages Ltd.		291,418		5,153,586
	Venky’s India Ltd.		17,328		331,751
	Vesuvius India Ltd.		17,887		369,069
	V-Guard Industries Ltd.		555,007		1,736,376
	Vimta Labs Ltd.		17,648		82,692
	Vinati Organics Ltd.		93,732		2,272,785
	Vindhya Telelinks Ltd.		17,192		368,400
	VIP Industries Ltd.		107,555		783,561
	Visaka Industries Ltd.		14,832		73,172
	V-Mart Retail Ltd.		9,072		240,653

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	Vodafone Idea Ltd.		9,402,713	$	801,371
	Voltamp Transformers Ltd.		8,272		302,231
	Voltas Ltd.		116,732		1,142,263
*	VRL Logistics Ltd.		104,700		808,628
	VST Industries Ltd.		18,750		751,008
	VST Tillers Tractors Ltd.		13,719		418,287
	Welspun Corp. Ltd.		427,585		1,183,448
	Welspun Enterprises Ltd.		232,271		404,193
	Welspun India Ltd.		1,273,187		1,370,170
	West Coast Paper Mills Ltd.		119,976		812,800
*	Westlife Foodworld Ltd.		109,779		1,031,659
	Wheels India Ltd.		10,888		68,703
	Whirlpool of India Ltd.		39,887		648,258
*	Wockhardt Ltd.		155,018		320,948
*	Wonderla Holidays Ltd.		28,605		158,108
*	Yes Bank Ltd.		237,637		45,734
	Zee Entertainment Enterprises Ltd.		2,172,104		5,255,686
*	Zee Media Corp. Ltd.		695,048		76,594
	Zensar Technologies Ltd.		343,925		1,177,081
	Zydus Wellness Ltd.		25,398		483,485
TOTAL INDIA					661,595,106
INDONESIA — (1.9%)
	ABM Investama Tbk PT		1,069,000		243,501
	Ace Hardware Indonesia Tbk PT		19,988,600		614,302
*	Adhi Karya Persero Tbk PT		5,523,788		164,342
*	Adi Sarana Armada Tbk PT		3,864,400		238,600
*	Agung Semesta Sejahtera Tbk PT		34,642,700		49,591
	AKR Corporindo Tbk PT		23,912,200		2,646,505
*	Alam Sutera Realty Tbk PT		35,031,400		425,725
* ††	Armidian Karyatama Tbk PT		844,800		540
	Arwana Citramulia Tbk PT		18,420,300		1,148,788
	Ashmore Asset Management Indonesia Tbk PT		88,400		7,480
	Astra Agro Lestari Tbk PT		1,572,300		828,430
	Astra Otoparts Tbk PT		2,355,600		294,155
*	Asuransi Maximus Graha Persada Tbk PT		6,282,300		21,443
* ††	Bakrie Telecom Tbk PT		49,756,298		0
	Bali Bintang Sejahtera Tbk PT		3,153,100		42,127
*	Bank Amar Indonesia Tbk PT		8,806,728		180,431
	Bank BTPN Syariah Tbk PT		5,426,100		792,212
*	Bank Bukopin Tbk PT		63,114,482		443,679
*	Bank Capital Indonesia Tbk PT		9,245,100		82,022
*	Bank Ganesha Tbk PT		7,884,200		36,002
*	Bank Ina Perdana PT		4,559,900		1,232,993
*	Bank Mayapada International Tbk PT		934,600		31,887
	Bank Maybank Indonesia Tbk PT		14,258,200		221,523
*	Bank MNC Internasional Tbk PT		34,524,800		186,194
*	Bank Nationalnobu Tbk PT		1,174,200		40,085
	Bank OCBC Nisp Tbk PT		2,492,300		141,145
	Bank Pan Indonesia Tbk PT		12,406,800		934,892
	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		8,878,812		760,033
	Bank Pembangunan Daerah Jawa Timur Tbk PT		12,456,900		573,312
*	Bank Raya Indonesia Tbk PT		1,009,700		29,396
	Bank Tabungan Negara Persero Tbk PT		18,034,657		1,533,919
*	Bekasi Fajar Industrial Estate Tbk PT		15,027,700		154,805
	BFI Finance Indonesia Tbk PT		23,221,800		2,181,764
*	Bintang Oto Global Tbk PT		7,756,800		642,434
	BISI International Tbk PT		8,589,500		984,353
	Blue Bird Tbk PT		696,300		83,859

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
*	Buana Lintas Lautan Tbk PT		21,081,200	$	173,975
*	Bukalapak.com PT Tbk		20,034,400		324,665
	Bukit Asam Tbk PT		1,566,800		443,129
*	Bumi Resources Minerals Tbk PT		96,828,400		1,071,661
*	Bumi Serpong Damai Tbk PT		14,012,000		1,018,670
*	Bumi Teknokultura Unggul Tbk PT		65,924,600		224,692
*	Capital Financial Indonesia Tbk PT		1,258,200		57,892
	Catur Sentosa Adiprana Tbk PT		2,986,100		147,614
W	Cikarang Listrindo Tbk PT		4,462,100		208,526
	Ciputra Development Tbk PT		28,744,020		1,950,310
*	Citra Marga Nusaphala Persada Tbk PT		13,896,403		1,648,330
*	City Retail Developments Tbk PT		12,056,400		115,104
	Delta Dunia Makmur Tbk PT		15,329,000		339,179
	Dharma Satya Nusantara Tbk PT		6,420,300		271,552
	Elnusa Tbk PT		10,521,900		231,480
	Erajaya Swasembada Tbk PT		27,567,400		934,884
*	Gajah Tunggal Tbk PT		4,584,000		218,701
	Garudafood Putra Putri Jaya Tbk PT		14,032,900		445,688
*	Global Mediacom Tbk PT		1,072,600		20,360
* ††	Hanson International Tbk PT		483,480,300		0
	Harum Energy Tbk PT		6,043,000		624,456
	Hexindo Adiperkasa Tbk PT		554,100		215,305
	Impack Pratama Industri Tbk PT		1,149,500		291,516
	Indika Energy Tbk PT		5,804,300		1,032,453
	Indo Tambangraya Megah Tbk PT		101,500		230,913
	Indocement Tunggal Prakarsa Tbk PT		1,867,200		1,382,857
	Indomobil Sukses Internasional Tbk PT		512,300		82,429
	Industri Jamu Dan Farmasi Sido Muncul Tbk PT		21,878,846		1,178,071
	Integra Indocabinet Tbk PT		4,674,000		134,000
* ††	Inti Agri Resources Tbk PT		92,782,800		59,294
	Japfa Comfeed Indonesia Tbk PT		13,401,100		951,439
*	Jasa Marga Persero Tbk PT		5,278,700		1,185,100
	Jaya Real Property Tbk PT		10,463,000		374,507
*	Kapuas Prima Coal Tbk PT		22,780,900		77,663
*	Kawasan Industri Jababeka Tbk PT		108,474,057		887,135
	KMI Wire & Cable Tbk PT		5,778,100		116,712
*	Krakatau Steel Persero Tbk PT		13,623,502		263,985
*	Kresna Graha Investama Tbk PT		5,504,400		18,757
*	Lippo Karawaci Tbk PT		123,858,040		786,381
*	M Cash Integrasi PT		253,600		157,504
	Mahkota Group Tbk PT		374,000		18,485
*	Malindo Feedmill Tbk PT		3,163,300		94,497
*	Map Aktif Adiperkasa PT		785,600		246,510
	Matahari Department Store Tbk PT		2,257,400		623,739
*	MD Pictures Tbk PT		2,422,200		302,361
	Medco Energi Internasional Tbk PT		19,378,707		1,342,896
*	Media Nusantara Citra Tbk PT		17,933,800		722,449
	Medikaloka Hermina Tbk PT		15,368,100		1,482,921
*	Mega Manunggal Property Tbk PT		10,772,800		357,206
*	Metro Healthcare Indonesia Tbk PT		11,289,500		372,509
	Metrodata Electronics Tbk PT		15,657,100		608,813
	Metropolitan Kentjana Tbk PT		9,100		16,418
*	Mitra Adiperkasa Tbk PT		27,423,200		2,564,193
	Mitra Keluarga Karyasehat Tbk PT		3,422,700		674,595
	Mitra Pinasthika Mustika Tbk PT		4,596,400		413,807
*	MNC Kapital Indonesia Tbk PT		12,606,900		50,692
*	MNC Land Tbk PT		29,086,600		138,957
*	MNC Vision Networks Tbk PT		19,252,700		65,668
*	Mulia Industrindo Tbk PT		2,222,200		75,771

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
*	Multipolar Tbk PT		5,540,600	$	33,654
*	NFC Indonesia Tbk PT		86,200		43,142
	Nippon Indosari Corpindo Tbk PT		13,183,989		1,278,652
	Pabrik Kertas Tjiwi Kimia Tbk PT		3,377,600		1,562,981
*	Pacific Strategic Financial Tbk PT		20,982,800		1,816,507
	Pakuwon Jati Tbk PT		35,341,000		1,172,331
	Panin Financial Tbk PT		49,629,800		969,037
*	Paninvest Tbk PT		4,828,600		339,524
*	Pelayaran Tamarin Samudra Tbk PT		19,571,300		66,705
	Perusahaan Gas Negara Tbk PT		22,317,700		2,183,193
	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		10,211,400		707,079
*	Pollux Properti Indonesia Tbk PT		354,000		3,773
* ††	Pool Advista Indonesia Tbk PT		10,473,500		6,693
*	PP Persero Tbk PT		9,359,714		415,288
	Prodia Widyahusada Tbk PT		175,800		70,399
	Puradelta Lestari Tbk PT		31,994,400		368,889
	Ramayana Lestari Sentosa Tbk PT		8,938,400		372,102
	Resource Alam Indonesia Tbk PT		3,733,900		125,830
* ††	Rimo International Lestari Tbk PT		211,251,900		0
	Rukun Raharja Tbk PT		2,350,900		157,523
	Salim Ivomas Pratama Tbk PT		12,369,300		335,722
	Samator Indo Gas Tbk PT		1,269,300		165,381
	Samindo Resources Tbk PT		106,600		10,863
	Sampoerna Agro Tbk PT		3,879,900		558,258
	Samudera Indonesia Tbk PT		16,970,000		446,980
*	Sarana Meditama Metropolitan Tbk PT		3,473,000		71,535
	Sariguna Primatirta Tbk PT		5,940,900		204,665
	Sawit Sumbermas Sarana Tbk PT		12,402,900		1,446,526
* ††	Sekawan Intipratama Tbk PT		9,367,900		0
	Selamat Sempurna Tbk PT		13,041,700		1,382,946
*	Semen Baturaja Tbk PT		6,838,100		166,953
	Siloam International Hospitals Tbk PT		11,618,000		1,371,478
	Sinar Mas Agro Resources & Technology Tbk PT		1,020,560		375,755
* ††	Sri Rejeki Isman Tbk PT		35,353,931		65,972
	Steel Pipe Industry of Indonesia PT		2,787,400		47,196
	Summarecon Agung Tbk PT		31,638,946		1,210,229
* ††	Surabaya Agung Industri Pulp & Kertas Tbk PT		64,500		0
	Surya Citra Media Tbk PT		66,369,600		747,483
	Surya Esa Perkasa Tbk PT		20,850,800		996,250
*	Surya Permata Andalan Tbk PT		550,300		17,105
	Surya Pertiwi Tbk PT		1,435,000		54,342
*	Surya Semesta Internusa Tbk PT		13,670,200		393,524
* ††	Suryainti Permata Tbk PT		7,252,000		0
	Temas Tbk PT		1,105,600		217,048
	Tempo Scan Pacific Tbk PT		1,861,700		177,672
	Timah Tbk PT		8,208,514		569,729
* ††	Trada Alam Minera Tbk PT		180,020,800		115,044
	Trias Sentosa Tbk PT		32,818,400		1,543,691
*	Trimegah Sekuritas IndonesiaTbk PT		2,930,400		40,362
	Triputra Agro Persada PT		6,424,000		280,457
	Tunas Baru Lampung Tbk PT		13,071,428		543,723
	Ultrajaya Milk Industry & Trading Co. Tbk PT		15,164,100		1,483,439
	Unggul Indah Cahaya Tbk PT		48,239		29,917
* ††	Waskita Beton Precast Tbk PT		28,238,300		100,095
*	Waskita Karya Persero Tbk PT		30,184,766		473,420
	Wijaya Karya Bangunan Gedung Tbk PT		6,345,100		60,175
	Wijaya Karya Beton Tbk PT		8,423,800		101,111
*	Wijaya Karya Persero Tbk PT		8,006,607		330,923

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
	XL Axiata Tbk PT		12,240,579	$	1,465,082
TOTAL INDONESIA					77,356,198
KUWAIT — (0.1%)
	A’ayan Leasing & Investment Co. KSCP		725,784		326,834
*	ALAFCO Aviation Lease & Finance Co. KSCP		143,143		88,749
	Al-Eid Food KSC		58,957		44,638
*	Alimtiaz Investment Group KSC		245,070		50,062
*	Arabi Group Holding KSC		88,646		73,763
	Arzan Financial Group for Financing & Investment KPSC		187,327		64,184
*	Asiya Capital Investments Co. KSCP		363,366		67,349
	Boubyan Petrochemicals Co. KSCP		79,283		211,111
	Boursa Kuwait Securities Co. KPSC		50,035		292,422
	Combined Group Contracting Co. SAK		10,744		15,321
	Commercial Facilities Co. SAKP		28,413		17,152
	Commercial Real Estate Co. KSC		478,579		159,292
	Gulf Cables & Electrical Industries Group Co. KSCP		19,261		79,508
	Heavy Engineering & Ship Building Co. KSCP, Class B		50,693		105,869
	Humansoft Holding Co. KSC		51,838		659,710
	Integrated Holding Co. KCSC		57,419		74,198
	Jazeera Airways Co. KSCP		31,983		187,859
	Kuwait Financial Centre SAK		23,180		7,587
	Kuwait Insurance Co. SAK		18,311		29,876
	Kuwait International Bank KSCP		655,843		395,924
	Kuwait Real Estate Co. KSC		472,769		177,414
	Mezzan Holding Co. KSCC		82,367		101,867
	National Industries Group Holding SAK		852,484		600,870
	National Investments Co. KSCP		202,596		167,921
	Salhia Real Estate Co. KSCP		136,429		226,602
	Securities House KSC		96,376		18,335
	Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC		99,580		56,866
TOTAL KUWAIT.					4,301,283
MALAYSIA — (1.6%)
#	7-Eleven Malaysia Holdings Bhd, Class B		2,072,285		948,163
	Able Global Bhd		232,200		68,863
	Aeon Co. M Bhd		1,014,100		289,271
	AEON Credit Service M Bhd		312,000		837,354
#	AFFIN Bank Bhd		1,407,910		641,474
*	AGMO HOLDINGS BHD		22,643		3,171
	Ajinomoto Malaysia Bhd		67,800		242,718
	Alliance Bank Malaysia Bhd		2,508,800		1,874,992
	Allianz Malaysia Bhd		134,100		417,641
	AME Elite Consortium Bhd		83,800		26,690
*	Ancom Nylex Bhd		729,600		173,870
#	Ann Joo Resources Bhd		353,150		85,846
	Astro Malaysia Holdings Bhd		1,643,500		256,351
# *	Berjaya Assets Bhd		1,888,400		129,415
*	Berjaya Corp. Bhd		6,779,128		456,572
	Berjaya Food Bhd		542,700		107,866
# *	Berjaya Land Bhd		3,154,600		187,286
# *	Bermaz Auto Bhd		1,150,700		596,372
	BIMB Holdings Bhd		453,400		204,338
	Bintulu Port Holdings Bhd		25,900		29,218
	Boustead Holdings Bhd		1,445,328		277,506
#	Boustead Plantations Bhd		932,299		151,743
#	British American Tobacco Malaysia Bhd		360,600		854,757
*	Bumi Armada Bhd		6,080,900		918,241

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
	Bursa Malaysia Bhd		1,230,700	$	1,733,629
#	Cahya Mata Sarawak Bhd		1,296,800		326,651
	Carlsberg Brewery Malaysia Bhd, Class B		453,000		2,148,658
* ††	Carotech Bhd		230,650		0
#	CB Industrial Product Holding Bhd		867,240		198,595
#	CSC Steel Holdings Bhd		435,500		112,529
	D&O Green Technologies Bhd		780,600		722,121
#	Dagang NeXchange Bhd		1,927,400		226,099
	Datasonic Group Bhd		591,700		57,249
#	Dayang Enterprise Holdings Bhd		1,165,375		346,513
	DRB-Hicom Bhd		2,600,800		824,157
#	Dufu Technology Corp. Bhd		506,600		238,513
#	Duopharma Biotech Bhd		1,059,314		340,378
	Dutch Lady Milk Industries Bhd		79,100		463,885
	Eco World Development Group Bhd		2,120,900		357,715
# *	Eco World International Bhd		872,100		108,835
*	Ecofirst Consolidated Bhd		402,200		30,250
# *	Ekovest Bhd		3,871,950		326,151
	FAR East Holdings Bhd		258,300		219,914
#	Formosa Prosonic Industries Bhd		187,500		112,921
	Frontken Corp. Bhd		2,054,150		1,409,845
	Gadang Holdings Bhd		1,444,200		95,736
#	Gas Malaysia Bhd		531,500		397,383
# *	Genetec Technology Bhd		242,200		155,125
	Genting Plantations Bhd		74,000		99,588
	George Kent Malaysia Bhd		963,000		105,858
	Globetronics Technology Bhd		1,161,072		287,270
* ††	Golden Plus Holding Bhd		216,000		0
#	Guan Chong Bhd		979,000		582,487
	Hai-O Enterprise Bhd		642,197		170,142
	HAP Seng Consolidated Bhd		134,440		149,088
	Hap Seng Plantations Holdings Bhd		227,100		94,769
	Hartalega Holdings Bhd		900,600		380,615
#	Hengyuan Refining Co. Bhd		322,900		240,114
	Hextar Global Bhd		308,100		46,391
#	Hiap Teck Venture Bhd		3,025,300		234,885
#	Hibiscus Petroleum Bhd		3,346,500		770,915
	Hong Leong Capital Bhd		33,800		46,191
	Hong Leong Industries Bhd		350,400		716,408
	Hup Seng Industries Bhd		921,033		149,891
	IGB Bhd		666,254		444,090
	IJM Corp. Bhd		1,342,100		470,408
	IOI Properties Group Bhd		60,100		15,654
*	Iris Corp. Bhd		401,400		10,833
*	Iskandar Waterfront City Bhd		1,196,100		98,274
# *	JAKS Resources Bhd		4,088,380		202,331
	Jaya Tiasa Holdings Bhd		1,265,327		195,029
# *	JHM Consolidation Bhd		860,400		153,617
	Keck Seng Malaysia Bhd		289,650		224,931
	Kelington Group Bhd		51,200		16,872
#	Kenanga Investment Bank Bhd		298,700		59,972
	Kerjaya Prospek Group Bhd		728,690		186,523
#	Kim Loong Resources Bhd		838,580		346,177
# *	KNM Group Bhd		6,478,580		72,672
#	Kobay Technology Bhd		263,800		149,293
	Kossan Rubber Industries Bhd		1,889,700		530,726
	KPJ Healthcare Bhd		4,788,700		1,203,264
#	Kretam Holdings Bhd		1,548,200		225,945
# *	KSL Holdings Bhd		790,818		147,445

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
#	Kumpulan Fima Bhd		168,550	$	78,281
	Land & General Bhd		5,669,760		133,658
	LBS Bina Group Bhd		2,657,916		253,898
# *	Leong Hup International Bhd		525,600		63,129
#	Lii Hen Industries Bhd		951,000		178,165
# W	Lotte Chemical Titan Holding Bhd		1,020,797		286,526
#	LPI Capital Bhd		373,224		1,011,264
	Luxchem Corp. Bhd		56,200		6,117
	Magni-Tech Industries Bhd		612,433		244,704
#	Magnum Bhd		2,508,963		625,041
#	Mah Sing Group Bhd		3,290,287		447,090
#	Malakoff Corp. Bhd		4,685,100		714,944
	Malayan Flour Mills Bhd		1,980,175		326,703
#	Malaysia Building Society Bhd		5,406,590		752,861
#	Malaysia Smelting Corp. Bhd		213,800		96,341
#	Malaysian Resources Corp. Bhd		4,929,166		338,279
	Matrix Concepts Holdings Bhd		3,248,937		1,042,021
	MBM Resources Bhd		483,896		389,946
	Media Chinese International Ltd		1,200,400		44,466
	Media Prima Bhd		86,700		8,568
	Mega First Corp. Bhd		1,538,100		1,179,289
#	MKH Bhd		1,437,434		426,460
	MNRB Holdings Bhd		1,170,188		262,647
#	MPHB Capital Bhd		1,201,700		269,726
	Muda Holdings Bhd		348,000		125,018
*	Muhibbah Engineering M Bhd		1,522,025		229,359
	My EG Services Bhd		7,613,600		1,353,572
	Nylex Malaysia Bhd		4,205		413
#	OCK Group Bhd		1,345,100		121,047
	Oriental Holdings Bhd		679,900		1,011,715
#	OSK Holdings Bhd		5,459,555		1,188,023
	PA Resources Bhd		970,800		62,280
	Padini Holdings Bhd		1,331,800		1,210,902
	Panasonic Manufacturing Malaysia Bhd		25,084		127,983
	Pantech Group Holdings Bhd		1,007,619		167,641
#	Paramount Corp. Bhd		1,104,355		193,356
	Perak Transit Bhd		632,500		149,161
#	Petron Malaysia Refining & Marketing Bhd		256,100		253,248
#	Pharmaniaga Bhd		316,200		27,335
#	PIE Industrial Bhd		53,100		43,983
	PMB Technology Bhd		49,300		46,008
	Power Root Bhd		21,700		10,238
#	Ranhill Utilities Bhd		1,759,838		237,195
	RCE Capital Bhd		274,600		115,789
#	Sam Engineering & Equipment M Bhd		330,200		336,503
*	Sapura Energy Bhd		17,186,400		134,000
#	Sarawak Oil Palms Bhd		830,255		462,740
	Scientex Bhd		1,398,672		1,070,612
	SEG International Bhd		145,885		21,910
*	Shangri-La Hotels Malaysia Bhd		244,900		164,821
#	Sime Darby Property Bhd		5,517,400		583,020
#	SKP Resources Bhd		2,082,124		608,641
	SP Setia Bhd Group		3,536,900		457,676
	Sports Toto Bhd		2,350,050		733,110
* ††	Sumatec Resources Bhd		6,536,100		0
	Sunway Construction Group Bhd		346,636		136,295
	Suria Capital Holdings Bhd		269,560		76,944
#	Syarikat Takaful Malaysia Keluarga Bhd		731,957		540,481
#	Ta Ann Holdings Bhd		448,389		311,183

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
	Taliworks Corp. Bhd		476,616	$	89,249
	Tan Chong Motor Holdings Bhd		211,500		52,125
#	TASCO Bhd		191,900		38,579
#	Thong Guan Industries Bhd		530,900		272,057
	TMC Life Sciences Bhd		948,400		121,504
*	Tropicana Corp. Bhd		2,587,990		789,717
#	TSH Resources Bhd		1,381,600		319,735
#	Uchi Technologies Bhd		887,200		687,056
	UEM Edgenta Bhd		941,100		213,340
#	UEM Sunrise Bhd		1,288,000		73,880
#	UMW Holdings Bhd		1,084,500		941,953
	Unisem M Bhd		548,200		369,757
	United Malacca Bhd		442,250		533,180
	UOA Development Bhd		4,413,299		1,702,480
	UWC Bhd		512,300		370,224
# *	Velesto Energy Bhd		12,161,908		632,051
#	VS Industry Bhd		4,194,800		768,921
#	WCT Holdings Bhd		2,091,593		206,666
#	Wellcall Holdings Bhd		1,183,600		308,218
*	Widad Group Bhd		1,235,800		127,581
# *	YNH Property Bhd		2,935,116		3,330,187
TOTAL MALAYSIA					63,002,024
MEXICO — (3.1%)
# *	ALEATICA SAB de CV		228,600		446,596
	Alfa SAB de CV, Class A		858,225		547,981
	Alpek SAB de CV		1,130,127		1,197,415
*	Alsea SAB de CV		1,253,320		3,375,972
*	Axtel SAB de CV		6,155,647		469,047
W	Banco del Bajio SA		2,573,919		8,463,533
	Bolsa Mexicana de Valores SAB de CV		1,231,255		2,713,219
	Consorcio ARA SAB de CV		5,594,857		1,198,042
# *	Controladora Vuela Cia de Aviacion SAB de CV, Class A		1,965,760		2,311,308
#	Corp Actinver SAB de CV		198,770		144,825
	Corp Interamericana de Entretenimiento SAB de CV, Class B		960,372		640,978
	Corp. Inmobiliaria Vesta SAB de CV		1,611,339		5,090,467
	Corp. Moctezuma SAB de CV		838,557		2,749,405
	Corporativo Fragua SAB de CV		3		80
*	Corpovael SA de CV		73,341		11,422
	Cydsa SAB de CV		10,875		11,498
# * ††	Empresas ICA SAB de CV		3,768,186		0
*	Financiera Independencia SAB de CV SOFOM ENR		3,187		1,418
	GCC SAB de CV		548,771		4,364,651
	Genomma Lab Internacional SAB de CV, Class B		2,030,927		1,686,462
	Gentera SAB de CV		2,941,632		3,232,940
	Gruma SAB de CV, Class B		40,411		634,592
	Grupo Aeroportuario del Centro Norte SAB de CV		579,894		6,361,595
	Grupo Comercial Chedraui SA de CV		1,733,477		10,248,817
	Grupo Herdez SAB de CV		1,428,625		3,784,611
*	Grupo Hotelero Santa Fe SAB de CV		618,935		140,452
	Grupo Industrial Saltillo SAB de CV		1,080,258		1,862,566
	Grupo KUO SAB de CV, Class B		714,554		1,609,580
*	Grupo Pochteca SAB de CV		336,841		139,480
*	Grupo Posadas SAB de CV		158,511		238,038
	Grupo Rotoplas SAB de CV		776,001		1,083,324
*	Grupo Simec SAB de CV, Class B		945,472		10,506,705
#* W	Grupo Traxion SAB de CV		337,573		649,067
*	Hoteles City Express SAB de CV		1,160,092		533,605
*	Industrias CH SAB de CV, Class B		1,697,905		19,211,980

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MEXICO — (Continued)
	La Comer SAB de CV		2,986,626	$	6,528,235
	Megacable Holdings SAB de CV		2,030,295		5,524,182
# *	Minera Frisco SAB de CV, Class A1		5,327,018		865,146
* W	Nemak SAB de CV		2,997,040		701,774
	Operadora de Sites Mexicanos SA de CV, Class A		791,428		764,159
	Orbia Advance Corp. SAB de CV		179,587		413,521
*	Organizacion Cultiba SAB de CV		1,103,096		766,912
*	Organizacion Soriana SAB de CV, Class B		358,274		620,321
	Promotora y Operadora de Infraestructura SAB de CV		543,423		5,655,323
	Promotora y Operadora de Infraestructura SAB de CV, Class L		7,839		54,495
#	Qualitas Controladora SAB de CV		385,841		2,562,116
	Regional SAB de CV		509,823		3,732,473
* ††	Sanluis Corp. SA		4,642		0
* ††	Sanluis Corp. SA		4,642		0
* ††	Sanluis Rassini		3,300		0
*	Vista Energy SAB de CV, ADR		2,874		60,124
	Vitro SAB de CV, Class A		704,098		720,174
TOTAL MEXICO					124,630,626
PHILIPPINES — (1.1%)
*	8990 Holdings, Inc.		3,671,200		607,239
	A Soriano Corp.		2,931,411		551,419
††	ACR Mining Corp.		48,205		2,921
	Alliance Global Group, Inc.		6,957,300		1,735,791
	Alsons Consolidated Resources, Inc.		2,780,000		40,313
	Apex Mining Co., Inc.		5,852,000		316,717
*	Apollo Global Capital, Inc.		27,650,000		14,975
*	AyalaLand Logistics Holdings Corp.		4,021,100		207,851
	Belle Corp.		13,307,400		283,683
*	Bloomberry Resorts Corp.		8,961,900		1,701,265
*	Cebu Air, Inc.		603,320		429,760
* ††	Cebu Holdings, Inc.		3,180,400		66,037
* W	CEMEX Holdings Philippines, Inc.		1,167,799		21,323
	Century Pacific Food, Inc.		2,790,500		1,303,676
	China Banking Corp.		6,526,914		3,978,695
	COL Financial Group, Inc.		922,000		50,626
*	Converge Information & Communications Technology Solutions, Inc.		3,231,600		690,071
	Cosco Capital, Inc.		11,229,900		983,530
	D&L Industries, Inc.		6,538,700		991,148
*	DITO CME Holdings Corp.		1,354,100		62,403
	DMCI Holdings, Inc.		5,194,000		921,547
	DoubleDragon Corp.		2,132,190		302,156
	East West Banking Corp.		1,996,300		268,550
	Filinvest Development Corp.		3,356,422		330,207
	Filinvest Land, Inc.		53,722,577		766,962
	First Gen Corp.		235,300		67,259
	First Philippine Holdings Corp.		1,712,200		1,929,893
	Global Ferronickel Holdings, Inc.		4,072,911		180,451
*	Global-Estate Resorts, Inc.		2,410,000		37,827
	GT Capital Holdings, Inc.		159,710		1,380,754
*	Holcim Philippines, Inc.		2,182,300		152,188
*	Integrated Micro-Electronics, Inc.		2,685,414		254,667
	LT Group, Inc.		3,026,800		555,562
	MacroAsia Corp.		1,945,032		166,175
	Manila Water Co., Inc.		7,255,700		2,521,258
	Max’s Group, Inc.		832,200		69,127
	Megawide Construction Corp.		1,121,208		65,324
	Megaworld Corp.		17,815,000		644,705
	Metro Pacific Investments Corp.		18,756,000		1,501,087

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
PHILIPPINES — (Continued)
	Nickel Asia Corp.		10,067,100	$	1,206,716
	Petron Corp.		9,340,800		574,264
††	Philcomsat Holdings Corp.		316,021		431,709
	Philex Mining Corp.		4,552,300		255,948
*	Philippine National Bank		1,895,726		636,468
* ††	Philippine National Construction Corp.		173,000		2,871
	Philippine Savings Bank		474,907		479,059
*	Philippine Seven Corp.		10,510		15,522
	Philippine Stock Exchange, Inc.		74,482		227,640
* ††	Philtown Properties, Inc.		111,562		0
*	Phoenix Petroleum Philippines, Inc.		929,580		134,070
	Premium Leisure Corp.		16,097,000		139,612
	Puregold Price Club, Inc.		1,996,790		1,177,121
*	PXP Energy Corp.		2,777,800		310,712
	RFM Corp.		7,485,068		439,027
	Rizal Commercial Banking Corp.		2,651,952		1,125,684
	Robinsons Land Corp.		8,287,651		2,162,275
	Robinsons Retail Holdings, Inc.		1,008,440		991,818
	Security Bank Corp.		700,750		1,168,957
	Semirara Mining & Power Corp.		392,000		191,504
	Shakey’s Pizza Asia Ventures, Inc.		274,900		42,725
	Shell Pilipinas Corp.		1,365,390		418,675
	Synergy Grid & Development Phils, Inc.		365,700		68,792
*	Top Frontier Investment Holdings, Inc.		2,580		4,654
	Union Bank of the Philippines		2,064,029		3,091,177
	Vista Land & Lifescapes, Inc.		27,882,200		886,470
	Vistamalls, Inc.		589,600		29,745
	Wilcon Depot, Inc.		2,969,100		1,553,682
TOTAL PHILIPPINES.					43,922,039
POLAND — (1.2%)
*	11 bit studios SA		4,705		708,701
	AB SA		2,202		26,811
*	Agora SA		118,444		208,744
*	Alior Bank SA		200,681		2,102,326
	Alumetal SA		7,000		130,886
	Amica SA		13,582		244,608
*	AmRest Holdings SE		74,728		336,832
	Apator SA		59,870		223,518
	Arctic Paper SA		8,074		37,904
	ASBISc Enterprises PLC		63,047		434,764
	Asseco Poland SA		56,397		1,144,239
	Auto Partner SA		10,278		45,779
	Bank Handlowy w Warszawie SA		34,629		748,018
*	Bank Millennium SA		933,896		1,108,364
*	Bank Ochrony Srodowiska SA		63,177		149,929
*	Benefit Systems SA		2,138		604,997
# *	Bioton SA		111,045		105,380
	Boryszew SA		136,924		251,842
	Budimex SA		46,561		4,103,422
*	CCC SA		72,112		777,263
	Celon Pharma SA		21,330		71,397
# *	CI Games SA		240,060		262,621
	Cognor Holding SA		150,545		377,024
#	ComArch SA		12,137		450,424
#	Develia SA		1,491,512		1,296,006
	Dom Development SA		14,417		471,034
	Echo Investment SA		22,550		21,273
*	Enea SA		691,490		1,118,222

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
POLAND — (Continued)
*	Eurocash SA		191,789	$	874,726
	Fabryki Mebli Forte SA		74,704		484,152
	Globe Trade Centre SA		449,774		626,100
*	Grenevia SA		717,909		572,467
*	Grupa Azoty SA		117,994		912,196
	Grupa Kety SA		54,308		7,404,726
	Inter Cars SA		34,367		4,254,275
*	Jastrzebska Spolka Weglowa SA		79,824		826,142
*	Kernel Holding SA		48,392		210,929
	KRUK SA		66,442		5,998,398
	LiveChat Software SA		24,886		831,211
# *	Lubawa SA		30,768		27,724
	Lubelski Wegiel Bogdanka SA		28,306		264,365
	Mirbud SA		58,259		116,182
#	Mo-BRUK SA		1,704		119,005
	Neuca SA		1,555		252,246
	NEWAG SA		522		2,301
# *	PKP Cargo SA		62,771		238,849
	PlayWay SA		3,345		337,837
*	Polimex-Mostostal SA		81,648		86,874
	Stalexport Autostrady SA		350,306		211,638
*	Tauron Polska Energia SA		2,488,288		1,239,024
	TEN Square Games SA		6,492		128,084
	Tim SA		15,749		185,786
	Torpol SA		12,861		55,690
	Votum SA		4,442		50,648
	VRG SA		873,743		717,627
#	Warsaw Stock Exchange		48,147		418,476
*	Wawel SA		365		44,312
	Wirtualna Polska Holding SA		4,882		136,091
# W	XTB SA		64,850		623,241
	Zespol Elektrocieplowni Wroclawskich Kogeneracja SA		672		4,412
# *	Zespol Elektrowni Patnow Adamow Konin SA		84,133		465,567
TOTAL POLAND					46,283,629
QATAR — (0.7%)
	Aamal Co.		5,648,983		1,280,741
	Al Khaleej Takaful Group QSC		475,885		299,957
	Al Meera Consumer Goods Co. QSC		274,788		1,099,974
	Alijarah Holding Co. QPSC		938,558		185,336
*	Baladna		2,035,733		774,115
	Barwa Real Estate Co.		3,633,504		2,509,139
	Doha Bank QPSC		4,277,547		1,826,580
	Doha Insurance Co. QSC		178,039		94,333
*	Estithmar Holding QPSC		3,254,754		1,922,481
	Gulf International Services QSC		2,627,664		1,523,331
	Gulf Warehousing Co.		779,029		778,613
*	Lesha Bank LLC		3,400,379		932,903
	Mannai Corp. QSC		405,771		595,674
*	Mazaya Real Estate Development QPSC		2,199,730		340,269
	Medicare Group		516,939		854,189
	Qatar Aluminum Manufacturing Co.		6,276,133		2,672,445
*	Qatar Insurance Co. SAQ		3,096,864		1,487,227
	Qatar International Islamic Bank QSC		291,121		795,897
	Qatar Islamic Insurance Group		13,547		31,803
	Qatar National Cement Co. QSC		609,912		668,219
	Qatar Navigation QSC		1,108,819		2,760,771
*	Salam International Investment Ltd. QSC		2,728,762		406,316
	United Development Co. QSC		5,503,272		1,701,677

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
QATAR — (Continued)
	Vodafone Qatar QSC		5,156,403	$	2,435,033
*	Widam Food Co.		298,655		116,077
	Zad Holding Co.		7,892		31,920
TOTAL QATAR					28,125,020
RUSSIA — (0.0%)
* ††	Etalon Group PLC, GDR		359,594		0
* ††	Globaltrans Investment PLC, GDR		168,485		0
* ††	Magnitogorsk Iron & Steel Works PJSC, GDR		32,799		0
* ††	Mechel PJSC, Sponsored ADR		123,618		0
* ††	PhosAgro PJSC, GDR		120,928		0
* ††	PhosAgro PJSC		779		0
* ††	Ros Agro PLC, GDR		44,970		0
* ††	Rostelecom PJSC, Sponsored ADR		171,891		0
* ††	RusHydro PJSC, ADR		952,144		0
* ††	VTB Bank PJSC, GDR	��	27,705		0
SAUDI ARABIA — (4.1%)
*	Abdul Mohsen Al-Hokair Tourism & Development Co.		49,173		347,511
	Abdullah Al Othaim Markets Co.		116,272		4,457,743
	Abdullah Saad Mohammed Abo Moati Stationaries Co.		31,236		261,608
	Advanced Petrochemical Co.		335,810		4,288,346
*	Al Alamiya for Cooperative Insurance Co.		77,220		292,029
	Al Babtain Power & Telecommunication Co.		80,373		568,941
*	Al Gassim Investment Holding Co.		50,411		371,269
	Al Hammadi Holding		252,667		3,798,073
*	Al Hassan Ghazi Ibrahim Shaker Co.		93,542		527,083
	Al Jouf Agricultural Development Co.		49,267		700,768
*	Al Jouf Cement Co.		201,449		688,015
*	Al Khaleej Training & Education Co.		180,447		889,942
	Al Moammar Information Systems Co.		65,812		2,158,340
*	Al Rajhi Co. for Co-operative Insurance		34,183		943,634
	Al Yamamah Steel Industries Co.		84,219		552,456
*	AlAbdullatif Industrial Investment Co.		131,619		687,410
	Alamar Foods		5,482		202,239
	Alandalus Property Co.		194,116		955,224
	Alaseel Co.		29,986		327,583
*	Al-Baha Development & Investment Co.		57,086		237,964
*	Aldrees Petroleum & Transport Services Co.		127,998		3,439,958
*	Al-Etihad Cooperative Insurance Co.		94,568		461,247
*	AlJazira Takaful Ta’awuni Co.		94,311		466,338
	AlKhorayef Water & Power Technologies Co.		15,235		580,103
*	Allianz Saudi Fransi Cooperative Insurance Co.		128,617		545,766
	Almunajem Foods Co.		28,038		470,396
	Alujain Corp.		82,243		881,199
*	Amana Cooperative Insurance Co.		47,955		144,667
*	Arab Sea Information Systems Co.		22,951		503,181
*	Arabia Insurance Cooperative Co.		94,706		298,455
	Arabian Cement Co.		185,419		1,755,364
	Arabian Centres Co. Ltd.		337,971		1,960,871
	Arabian Contracting Services Co.		30,850		1,038,137
	Arriyadh Development Co.		350,650		1,897,171
	Astra Industrial Group		150,962		2,718,032
	Ataa Educational Co.		24,132		438,597
	Baazeem Trading Co.		2,364		44,440
	Bank Al-Jazira.		726,727		3,802,603
*	Basic Chemical Industries Ltd.		42,491		410,239
*	Batic Investments & Logistic Co.		30,069		191,613
	Bawan Co.		95,676		744,396

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SAUDI ARABIA — (Continued)
	BinDawood Holding Co.		43,835	$	802,905
*	Buruj Cooperative Insurance Co.		52,247		258,233
*	Chubb Arabia Cooperative Insurance Co.		44,551		223,176
	City Cement Co.		270,893		1,580,583
*	Co. for Cooperative Insurance		200,927		5,535,085
	Dallah Healthcare Co.		130,489		5,945,282
*	Dar Al Arkan Real Estate Development Co.		1,798,980		7,765,734
*	Dur Hospitality Co.		195,380		1,450,977
	Eastern Province Cement Co.		116,026		1,319,630
*	Electrical Industries Co.		70,899		733,916
*	Emaar Economic City		1,281,552		3,322,640
*	Fawaz Abdulaziz Al Hokair & Co.		122,548		527,147
*	Fitaihi Holding Group		58,130		493,977
*	Gulf General Cooperative Insurance Co.		42,210		91,596
	Gulf Insurance Group		78,949		580,122
*	Gulf Union Cooperative Insurance Co.		15,780		43,861
	Hail Cement Co.		198,272		648,450
	Halwani Brothers Co.		75,380		1,166,170
*	Herfy Food Services Co.		67,026		637,052
*	Jazan Energy & Development Co.		97,806		398,665
	L’Azurde Co. for Jewelry		83,263		330,542
	Leejam Sports Co. JSC		77,737		2,478,193
	Maharah Human Resources Co.		76,002		1,278,237
*	Malath Cooperative Insurance Co.		101,449		402,390
*	Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.		178,838		425,242
*	Methanol Chemicals Co.		131,270		883,180
*	Middle East Healthcare Co.		27,667		287,782
	Middle East Paper Co.		122,352		1,063,286
*	Middle East Specialized Cables Co.		45,666		154,506
*	Mobile Telecommunications Co. Saudi Arabia		1,467,319		5,876,627
	Najran Cement Co.		338,041		1,293,159
*	Nama Chemicals Co.		39,377		377,101
*	National Agriculture Development Co.		184,071		1,449,157
	National Co. for Glass Industries		63,808		589,838
	National Co. for Learning & Education		40,617		1,207,496
	National Gas & Industrialization Co.		91,763		1,510,602
	National Gypsum		62,155		413,630
*	National Industrialization Co.		1,145,120		4,200,036
	National Medical Care Co.		83,989		2,130,776
*	National Metal Manufacturing & Casting Co.		16,636		88,207
	Nayifat Finance Co.		32,649		167,442
	Northern Region Cement Co.		386,643		1,239,526
	Qassim Cement Co.		114,813		2,112,538
*	Raydan Food Co.		24,476		189,535
	Saudi Airlines Catering Co.		151,169		3,841,733
*	Saudi Arabian Amiantit Co.		6,257		74,454
*	Saudi Arabian Cooperative Insurance Co.		52,874		182,263
	Saudi Automotive Services Co.		111,086		1,155,076
	Saudi Cement Co.		270,257		4,062,920
	Saudi Ceramic Co.		154,509		1,327,196
	Saudi Chemical Co. Holding		161,737		1,302,553
*	Saudi Co. For Hardware CJSC		69,700		592,729
*	Saudi Ground Services Co.		327,188		2,267,675
*	Saudi Industrial Development Co.		23,922		76,403
	Saudi Industrial Investment Group		71,805		489,682
	Saudi Industrial Services Co.		145,826		1,072,041
*	Saudi Marketing Co.		85,805		617,681
*	Saudi Paper Manufacturing Co.		65,818		535,378
	Saudi Pharmaceutical Industries & Medical Appliances Corp.		152,254		1,044,659

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SAUDI ARABIA — (Continued)
*	Saudi Printing & Packaging Co.		81,990	$	402,870
*	Saudi Public Transport Co.		248,132		1,218,926
*	Saudi Real Estate Co.		611,764		2,260,305
*	Saudi Reinsurance Co.		192,614		840,108
*	Saudi Research & Media Group		60,383		3,395,430
*	Saudi Steel Pipe Co.		42,075		266,805
*	Saudi Vitrified Clay Pipe Co. Ltd.		16,382		199,746
	Saudia Dairy & Foodstuff Co.		49,883		3,709,487
	Savola Group		184,043		1,567,674
*	Seera Group Holding		565,462		3,755,899
*	Sinad Holding Co.		240,983		791,425
	Southern Province Cement Co.		171,643		2,412,935
*	Tabuk Agriculture		40,468		207,045
	Tabuk Cement Co.		183,346		763,654
*	Takween Advanced Industries Co.		131,028		348,656
	Tanmiah Food Co.		11,338		437,211
	Theeb Rent A Car Co.		28,626		587,056
	Umm Al-Qura Cement Co.		109,945		514,734
*	United Co-operative Assurance Co.		58,749		137,157
	United Electronics Co.		143,822		2,950,012
	United International Transportation Co.		124,963		1,990,816
	United Wire Factories Co.		63,308		463,930
*	Walaa Cooperative Insurance Co.		143,101		555,849
*	Wataniya Insurance Co.		44,546		197,838
	Yamama Cement Co.		382,705		3,363,983
	Yanbu Cement Co.		281,306		2,695,277
	Zahrat Al Waha For Trading Co.		41,562		410,536
*	Zamil Industrial Investment Co.		123,209		601,950
TOTAL SAUDI ARABIA					165,412,937
SINGAPORE — (0.0%)
* ††	Tech-Pro, Inc.		43,862,000		0
SOUTH AFRICA — (3.2%)
	Adcock Ingram Holdings Ltd.		158,752		435,404
	Advtech Ltd.		2,578,964		2,588,771
	AECI Ltd.		479,239		2,263,850
	African Rainbow Minerals Ltd.		256,363		3,220,530
	Afrimat Ltd.		169,656		495,056
	Alexander Forbes Group Holdings Ltd.		2,051,912		551,745
	Altron Ltd., Class A		940,823		450,286
	Astral Foods Ltd.		136,193		1,251,840
*	Aveng Ltd.		10,798		6,277
	AVI Ltd.		1,086,453		4,054,680
	Barloworld Ltd.		805,351		3,996,171
*	Blue Label Telecoms Ltd.		1,427,968		352,312
# *	Brait PLC		3,522,364		647,838
#	Cashbuild Ltd.		69,167		670,332
	Caxton & CTP Publishers & Printers Ltd.		343,385		187,584
	City Lodge Hotels Ltd.		1,254,736		274,366
	Coronation Fund Managers Ltd.		751,565		1,233,203
	Curro Holdings Ltd.		519,879		230,493
#	DataTec Ltd.		1,999,761		3,976,794
W	Dis-Chem Pharmacies Ltd.		1,048,985		1,528,303
	DRDGOLD Ltd.		1,386,609		1,483,232
	Famous Brands Ltd.		309,750		1,108,347
	Foschini Group Ltd.		907,837		4,707,400
	Grindrod Ltd.		1,969,181		1,058,065
	Harmony Gold Mining Co. Ltd., Sponsored ADR		1,765,685		8,139,808

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH AFRICA — (Continued)
	Hudaco Industries Ltd.		116,059	$	977,349
	Italtile Ltd.		924,268		624,798
	JSE Ltd.		306,394		1,612,440
	KAP Ltd.		8,309,278		1,383,196
*	Lesaka Technologies, Inc.		776		2,870
	Lewis Group Ltd.		578,141		1,199,161
	Life Healthcare Group Holdings Ltd.		4,434,814		5,032,578
	Merafe Resources Ltd.		3,205,125		208,554
*	Metair Investments Ltd.		778,116		1,043,264
	MiX Telematics Ltd.		37,895		12,404
	MiX Telematics Ltd., Sponsored ADR		27,358		212,024
	Momentum Metropolitan Holdings		3,419,117		3,463,880
	Motus Holdings Ltd.		459,916		2,388,597
	Mpact Ltd.		1,117,953		1,709,559
	Mr Price Group Ltd.		588,379		4,840,747
	MultiChoice Group		324,209		2,028,313
*	Murray & Roberts Holdings Ltd.		1,202,159		86,854
*	Nampak Ltd.		646,285		31,836
	Netcare Ltd.		3,302,621		2,884,241
	Ninety One Ltd.		367,265		830,608
*	Northam Platinum Holdings Ltd.		76,106		745,174
	Oceana Group Ltd.		287,831		1,054,757
	Omnia Holdings Ltd.		823,147		2,591,572
	Pick n Pay Stores Ltd.		1,070,181		2,538,861
*	PPC Ltd.		3,859,494		600,232
	PSG Konsult Ltd.		1,127,580		808,510
	Raubex Group Ltd.		952,268		1,375,001
	RCL Foods Ltd.		535,302		333,603
	Reunert Ltd.		625,305		2,016,570
	RFG Holdings Ltd.		423,587		215,330
	Royal Bafokeng Platinum Ltd.		539,585		4,233,920
	Santam Ltd.		141,557		2,200,566
	Sappi Ltd.		1,636,032		3,721,738
*	Southern Sun Ltd.		92,144		22,518
#	SPAR Group Ltd.		596,664		4,583,962
	Spur Corp. Ltd.		313,469		406,901
	Sun International Ltd.		1,011,713		2,268,715
	Super Group Ltd.		1,609,612		2,820,118
*	Telkom SA SOC Ltd.		1,038,793		1,886,119
	Thungela Resources Ltd.		229,947		2,155,442
	Tiger Brands Ltd.		369,960		4,008,238
	Transaction Capital Ltd.		1,597,214		1,062,571
*	Trencor Ltd.		903,601		325,459
	Truworths International Ltd.		1,167,171		3,476,300
	Tsogo Sun Gaming Ltd.		1,735,276		1,159,751
*	Wilson Bayly Holmes-Ovcon Ltd.		274,413		1,625,911
	Woolworths Holdings Ltd.		928,008		3,304,243
*	Zeda Ltd.		811,474		539,158
TOTAL SOUTH AFRICA					127,567,200
SOUTH KOREA — (11.6%)
*	3S Korea Co. Ltd.		179,036		280,316
	ABco Electronics Co. Ltd.		34,238		321,793
*	Able C&C Co. Ltd.		1,711		10,778
	ABOV Semiconductor Co. Ltd.		51,471		387,010
# *	Abpro Bio Co. Ltd.		630,240		238,928
*	ADTechnology Co. Ltd.		10,244		139,711
#	Advanced Nano Products Co. Ltd.		28,035		3,142,870
	Advanced Process Systems Corp.		42,216		643,919

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Aekyung Chemical Co. Ltd.		15,553	$	176,752
	Aekyung Industrial Co. Ltd.		18,948		305,461
*	AeroSpace Technology of Korea, Inc.		33,833		100,907
	AfreecaTV Co. Ltd.		27,213		1,586,366
*	Agabang&Company		62,474		157,875
	Ahnlab, Inc.		22,134		1,012,468
	AJ Networks Co. Ltd.		57,598		203,470
*	Ajin Industrial Co. Ltd.		102,112		305,444
	AJINEXTEK Co. Ltd.		4,451		29,794
*	AJU Steel Co., Ltd.		1,497		10,514
	AK Holdings, Inc.		13,911		200,391
*	ALUKO Co. Ltd.		176,811		416,879
*	Amicogen, Inc.		40,365		513,218
*	Aminologics Co. Ltd.		257,988		340,261
*	Amo Greentech Co. Ltd.		16,729		196,950
*	Amotech Co. Ltd.		41,568		512,932
*	Anam Electronics Co. Ltd.		194,257		293,232
# *	Ananti, Inc.		237,282		1,118,801
*	Anapass, Inc.		9,199		126,351
*	Anterogen Co. Ltd.		17,628		249,187
*	Apact Co. Ltd.		47,847		97,725
*	APRO Co. Ltd.		15,290		174,972
*	Aprogen Biologics		552,176		156,042
*	Aprogen, Inc.		268,248		257,135
*	APS, Inc.		44,932		379,472
*	APTC Co. Ltd.		29,454		257,052
* ††	Arion Technology, Inc.		51,658		0
*	Aroot Co. Ltd.		130,461		54,290
	Asia Cement Co. Ltd.		54,970		440,352
	ASIA Holdings Co. Ltd.		3,528		366,015
	Asia Pacific Satellite, Inc.		12,337		156,558
	Asia Paper Manufacturing Co. Ltd.		16,637		437,629
*	Asiana Airlines, Inc.		82,372		792,227
*	ASTORY Co. Ltd.		10,496		162,022
	Atec Co. Ltd.		16,045		108,056
*	A-Tech Solution Co. Ltd.		10,226		80,744
	Atinum Investment Co. Ltd.		122,830		242,051
	AUK Corp.		95,994		156,511
	Aurora World Corp.		24,777		144,021
	Autech Corp.		43,708		190,049
	Avaco Co. Ltd.		36,513		464,017
*	Avatec Co. Ltd.		7,666		88,942
	Baiksan Co. Ltd.		51,917		309,454
*	Barunson Entertainment & Arts Corp.		89,960		56,745
	Bcworld Pharm Co. Ltd.		18,102		90,615
	BGF Co. Ltd.		119,024		367,738
	BGFecomaterials Co. Ltd.		76,189		435,060
#	BH Co. Ltd.		79,009		1,369,648
*	Binex Co. Ltd.		107,355		749,889
	Binggrae Co. Ltd.		21,800		725,633
*	Biodyne Co. Ltd.		2,065		55,657
# *	Bioneer Corp.		62,313		2,720,171
*	BioSmart Co. Ltd.		66,962		160,587
*	Biosolution Co., Ltd.		1,090		9,902
*	Biotoxtech Co. Ltd.		46,948		305,047
	BIT Computer Co. Ltd.		59,290		251,794
	Bixolon Co. Ltd.		34,684		163,944
*	BNC Korea Co. Ltd.		151,788		439,265
	Boditech Med, Inc.		86,134		745,710

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	Bohae Brewery Co. Ltd.		316,282	$	141,361
#	BoKwang Industry Co. Ltd.		63,717		324,078
	Bolak Co. Ltd.		110,078		140,130
	Bookook Securities Co. Ltd.		14,493		215,376
	Boryung		107,363		698,378
*	Bosung Power Technology Co. Ltd.		164,457		477,404
*	Bridge Biotherapeutics, Inc.		6,700		44,177
*	Bucket Studio Co. Ltd.		55,178		47,535
# *	Bukwang Pharmaceutical Co. Ltd.		166,111		996,568
*	Bumyang Construction Co. Ltd.		11,771		23,184
*	BusinessOn Communication Co. Ltd.		3,824		35,071
	BYC Co. Ltd.		1,007		352,931
	Byucksan Corp.		165,999		260,837
*	Caelum Co. Ltd.		7,444		20,445
*	Cafe24 Corp.		41,566		275,954
*	CammSys Corp.		267,893		336,649
	Camus Engineering & Construction, Inc.		27,025		33,503
*	Carelabs Co. Ltd.		17,016		92,729
	Cell Biotech Co. Ltd.		14,658		147,214
*	Cellumed Co. Ltd.		84,047		338,093
*	Chabiotech Co. Ltd.		127,163		1,239,015
	Changhae Ethanol Co. Ltd.		15,424		117,827
	Chemtronics Co. Ltd.		44,727		743,673
*	Chemtros Co. Ltd.		49,470		362,879
	Cheryong Electric Co. Ltd.		45,503		528,569
*	ChinHung International, Inc.		225,900		210,246
	Chinyang Holdings Corp.		86,435		208,169
	Chips&Media, Inc.		18,591		300,565
*	Choa Pharmaceutical Co.		85,589		138,022
*	Choil Aluminum Co. Ltd.		202,637		458,238
*	Chokwang Leather Co. Ltd.		607		22,451
	Chokwang Paint Ltd.		16,613		90,424
	Chong Kun Dang Pharmaceutical Corp.		20,308		1,287,676
	Chongkundang Holdings Corp.		11,961		453,823
	Choong Ang Vaccine Laboratory		28,743		223,861
*	Chorokbaem Media Co. Ltd.		49,739		334,658
	Chosun Refractories Co. Ltd.		66,160		487,460
*	CJ Bioscience, Inc.		471		11,070
*	CJ CGV Co. Ltd.		27,620		317,019
	CJ Freshway Corp.		25,918		552,396
*	CJ Seafood Corp.		89,298		216,841
*	CKD Bio Corp.		12,748		241,424
	Classys, Inc.		49,967		889,346
	CLIO Cosmetics Co. Ltd.		10,125		163,169
*	CMG Pharmaceutical Co. Ltd.		414,020		666,684
* ††	CNT85, Inc.		1,452		1,432
*	CoAsia Corp.		31,318		194,578
*	Com2uS Holdings Corp.		16,335		533,250
	Com2uSCorp.		24,598		1,266,299
*	Comtec Systems Co. Ltd.		55,335		32,078
*	Connectwave Co. Ltd.		31,806		355,237
*	ContentreeJoongAng Corp.		25,551		467,415
*	Coreana Cosmetics Co. Ltd.		102,112		225,655
*	Corentec Co. Ltd.		14,365		124,515
*	CORESTEMCHEMON, Inc.		3,541		20,479
*	COSMAX NBT, Inc.		22,850		73,441
*	Cosmax, Inc.		32,365		1,872,916
#	Cowell Fashion Co. Ltd.		92,364		304,529
	Cowintech Co. Ltd.		13,876		323,083

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Creas F&C Co. Ltd.		2,747	$	37,235
*	Creative & Innovative System		187,522		1,763,289
#	Creverse, Inc.		5,127		68,482
*	CrystalGenomics, Inc.		185,334		418,599
*	CS Bearing Co. Ltd.		45,527		377,498
*	CTC BIO, Inc.		80,932		588,631
*	CTR Mobility Co. Ltd.		1,556		19,388
*	Cube Entertainment, Inc.		12,798		225,238
	Cuckoo Holdings Co. Ltd.		31,442		362,579
#	Cuckoo Homesys Co. Ltd.		26,647		508,579
*	Curexo, Inc.		55,281		432,820
*	Curo Co. Ltd.		478,720		221,568
	Cymechs, Inc.		25,921		242,007
*	D&C Media Co. Ltd.		6,018		84,803
	D.I Corp.		83,231		421,947
	Dae Han Flour Mills Co. Ltd.		4,392		467,433
	Dae Hwa Pharmaceutical Co. Ltd.		48,070		326,774
	Dae Hyun Co. Ltd.		102,719		169,392
*	Dae Won Chemical Co. Ltd.		80,068		144,992
	Dae Won Kang Up Co. Ltd.		151,346		460,161
*	Dae Young Packaging Co. Ltd.		25,293		25,679
*	Dae Yu Co. Ltd.		4,904		8,427
*	Daea TI Co. Ltd.		259,690		589,223
*	Daebo Magnetic Co. Ltd.		7,393		344,249
	Daebongls Co. Ltd.		23,249		130,385
*	Daechang Co. Ltd.		205,922		218,508
	Daechang Forging Co. Ltd.		8,716		47,138
	Daedong Corp.		59,572		472,696
	Daeduck Electronics Co. Ltd.		103,421		1,676,902
	Daehan New Pharm Co. Ltd.		38,400		248,811
	Daehan Steel Co. Ltd.		34,780		343,597
*	Dae-Il Corp.		40,268		151,698
	Daejoo Electronic Materials Co. Ltd.		40,913		3,023,871
*	Daemyung Sonoseason Co. Ltd.		230,575		118,030
	Daeryuk Can Co. Ltd.		12,389		40,056
	Daesang Corp.		81,947		1,193,159
	Daesang Holdings Co. Ltd.		51,274		295,294
	Daesung Energy Co. Ltd.		35,012		220,472
	Daesung Holdings Co. Ltd.		2,809		71,451
*	Daesung Industrial Co. Ltd.		83,195		248,469
*	Daesung Private Equity, Inc.		34,984		54,607
*	Daewon Cable Co. Ltd.		206,186		178,823
	Daewon Media Co. Ltd.		33,749		384,380
	Daewon Pharmaceutical Co. Ltd.		69,246		765,979
	Daewon San Up Co. Ltd.		55,250		263,974
*	Daewoo Electronic Components Co. Ltd.		138,153		179,841
	Daewoong Co. Ltd.		62,362		697,535
	Daewoong Pharmaceutical Co. Ltd.		12,537		1,036,887
*	Dahaam E-Tec Co. Ltd.		2,100		54,759
	Daihan Pharmaceutical Co. Ltd.		19,365		405,263
	Daishin Securities Co. Ltd.		112,901		1,136,081
# *	Danal Co. Ltd.		202,555		627,069
	Daol Investment & Securities Co. Ltd.		141,638		354,550
#	Daou Data Corp.		46,710		607,922
	Daou Technology, Inc.		91,181		1,307,992
*	Dasan Networks, Inc.		113,280		302,150
*	Dawonsys Co. Ltd.		111,345		1,019,696
*	Dayou Automotive Seat Technology Co. Ltd.		183,340		87,971
*	Dayou Plus Co. Ltd.		333,257		240,201

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	DB Financial Investment Co. Ltd.		126,888	$	383,865
*	DB, Inc.		499,370		677,714
	DCM Corp.		18,701		201,524
*	Dentis Co. Ltd.		14,491		107,491
	Dentium Co. Ltd.		26,595		2,870,817
	Deutsch Motors, Inc.		93,981		412,199
*	Development Advance Solution Co. Ltd.		39,144		124,723
	Device ENG Co. Ltd.		1,354		17,809
*	Devsisters Co. Ltd.		10,625		460,176
*	Dexter Studios Co. Ltd.		49,256		399,598
	DGB Financial Group, Inc.		599,906		3,076,377
*	DGP Co. Ltd.		138,999		49,286
	DI Dong Il Corp.		54,298		847,299
	Digital Chosun Co. Ltd.		41,009		64,956
	Digital Daesung Co. Ltd.		66,620		306,981
*	DIO Corp.		44,836		1,000,470
	Display Tech Co. Ltd.		44,803		232,598
	DL Construction Co. Ltd.		26,871		273,891
#	DL Holdings Co. Ltd.		41,785		1,548,275
* ††	DMOA Co. Ltd.		414,534		131,637
	DMS Co. Ltd.		78,897		372,082
	DNF Co. Ltd.		35,213		440,706
	Dohwa Engineering Co. Ltd.		60,443		371,212
	Dong Ah Tire & Rubber Co. Ltd.		36,543		330,406
	Dong-A Hwasung Co. Ltd.		14,590		100,087
	Dong-A Socio Holdings Co. Ltd.		13,306		823,497
	Dong-A ST Co. Ltd.		21,761		891,323
	Dong-Ah Geological Engineering Co. Ltd.		31,249		287,879
*	Dongbang Transport Logistics Co. Ltd.		94,680		154,033
	Dongbu Corp.		31,671		166,940
	Dongil Industries Co. Ltd.		4,037		663,976
	Dongjin Semichem Co. Ltd.		72,205		1,600,376
	Dongkoo Bio & Pharma Co. Ltd.		21,999		98,594
	DongKook Pharmaceutical Co. Ltd.		95,048		1,073,879
	Dongkuk Industries Co. Ltd.		121,053		654,218
	Dongkuk Steel Mill Co. Ltd.		234,980		2,106,128
*	Dongkuk Structures & Construction Co. Ltd.		120,350		397,559
	Dongsung Chemical Co. Ltd.		120,509		416,918
	Dongsung Finetec Co. Ltd.		71,914		608,056
*	Dongwha Enterprise Co. Ltd.		17,954		666,754
	Dongwha Pharm Co. Ltd.		80,593		506,114
	Dongwon Development Co. Ltd.		153,298		403,434
	Dongwon F&B Co. Ltd.		23,875		546,192
	Dongwon Industries Co. Ltd.		4,704		163,466
#	Dongwon Systems Corp.		23,608		759,331
	Dongyang E&P, Inc.		19,653		234,995
*	Dongyang Steel Pipe Co. Ltd.		370,586		297,294
	Doosan Co. Ltd.		23,474		1,641,544
	Doosan Tesna, Inc.		20,410		547,159
	DoubleUGames Co. Ltd.		36,271		1,230,866
	Douzone Bizon Co. Ltd.		31,900		728,491
*	Dream Security Co. Ltd.		52,082		114,463
	Dreamtech Co. Ltd.		38,875		280,755
*	Dreamus Co.		42,699		95,609
*	DRTECH Corp.		88,665		117,930
*	DSC Investment, Inc.		25,978		75,523
*	DSK Co. Ltd.		6,892		26,229
*	Duck Yang Industry Co. Ltd.		6,699		28,591
	Duckshin Housing Co. Ltd.		41,004		55,160

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
# *	Duk San Neolux Co. Ltd.		41,465	$	1,352,406
*	Duksan Hi-Metal Co. Ltd.		19,217		81,281
*	Duksan Techopia Co. Ltd.		12,794		192,459
	Duksung Co. Ltd.		2,357		7,885
	DY Corp.		62,461		255,789
	DY POWER Corp.		31,719		279,380
*	E Investment&Development Co. Ltd.		74,253		152,442
*	E& Corp. Co. Ltd.		111,656		224,255
	E1 Corp.		13,023		463,707
	Eagle Veterinary Technology Co. Ltd.		7,061		26,961
	Eagon Industrial Ltd.		8,464		46,827
	Easy Bio, Inc.		87,948		280,782
#	Easy Holdings Co. Ltd.		176,052		414,840
	eBEST Investment & Securities Co. Ltd.		17,181		55,633
	Echo Marketing, Inc.		47,640		397,211
*	Eco&Dream Co. Ltd.		19,770		542,326
*	ECOCAB Co. Ltd.		6,295		19,262
	Ecoplastic Corp.		6,173		28,485
	Ecopro HN Co. Ltd.		32,309		1,621,779
	e-Credible Co. Ltd.		18,917		227,374
*	Eehwa Construction Co. Ltd.		51,964		140,209
*	EG Corp.		19,573		292,581
*	Ehwa Technologies Information Co. Ltd.		455,538		463,789
	Elentec Co. Ltd.		49,808		485,106
*	EMKOREA Co. Ltd.		136,418		287,955
	EM-Tech Co. Ltd.		42,707		879,356
	Enertork Ltd.		3,691		24,444
*	Enex Co. Ltd.		9,826		4,825
	ENF Technology Co. Ltd.		37,945		588,369
*	Enzychem Lifesciences Corp.		28,229		38,014
	Eo Technics Co. Ltd.		31,038		2,031,980
	Estechpharma Co. Ltd.		42,421		239,231
*	ESTsoft Corp.		27,672		233,623
*	E-TRON Co. Ltd.		1,491,477		362,217
*	Eubiologics Co. Ltd.		59,930		323,606
#	Eugene Corp.		191,672		479,261
	Eugene Investment & Securities Co. Ltd.		257,337		487,072
	Eugene Technology Co. Ltd.		54,249		1,177,483
	Eusu Holdings Co. Ltd.		56,304		285,214
*	Eutilex Co. Ltd.		19,287		72,367
*	EV Advanced Material Co. Ltd.		33,673		208,707
*	Ewon Comfortech Co. Ltd.		30,670		142,810
*	E-World		79,853		86,992
*	Exem Co. Ltd.		92,152		280,713
*	Eyegene, Inc.		14,921		48,311
*	ezCaretech Co. Ltd.		7,329		125,420
	Farmsco		14,684		39,169
	FarmStory Co. Ltd.		168,511		245,338
	Fasoo Co. Ltd.		1,271		7,434
*	Fine M-Tec Co. Ltd.		5,701		42,423
	Fine Semitech Corp.		39,942		658,286
*	Fine Technix Co. Ltd.		3,101		5,160
*	Firstec Co. Ltd.		116,567		357,917
*	Flask Co. Ltd.		40,844		35,467
	Foosung Co. Ltd.		160,162		1,624,252
*	FSN Co. Ltd.		3,470		8,814
	Fursys, Inc.		14,385		310,298
*	FutureChem Co. Ltd.		23,010		133,846
	Gabia, Inc.		43,120		377,073

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	GAEASOFT		9,793	$	53,337
	Galaxia Moneytree Co. Ltd.		59,849		255,843
*	GAMSUNG Corp. Co. Ltd.		66,954		144,256
	Gaon Cable Co. Ltd.		4,928		59,825
	GC Cell Corp.		9,811		314,919
*	GemVax & Kael Co. Ltd.		73,027		761,556
	Gemvaxlink Co. Ltd.		210,716		228,216
*	Genematrix, Inc.		10,677		38,567
*	GeneOne Life Science, Inc.		7,181		32,341
# *	Genexine, Inc.		95,148		863,401
*	Genie Music Corp.		113,810		324,336
*	GenNBio, Inc.		2,619		2,217
	Genohco, Inc.		2,814		47,731
*	GENOLUTION, Inc.		13,092		54,040
*	Genomictree, Inc.		18,644		180,424
	Genoray Co. Ltd.		2,039		11,972
	Geumhwa PSC Co. Ltd.		6,842		152,793
*	Gigalane Co. Ltd.		94,113		113,488
	Global Standard Technology Co. Ltd.		14,039		268,420
*	Global Tax Free Co. Ltd.		27,579		81,774
#	Golfzon Co. Ltd.		14,082		1,178,392
	Golfzon Newdin Holdings Co. Ltd.		84,626		339,051
# *	Good People Co. Ltd.		112,659		42,087
#	Gradiant Corp.		41,255		439,319
*	Grand Korea Leisure Co. Ltd.		70,407		966,761
	Green Chemical Co. Ltd.		9,098		72,262
	Green Cross Corp.		8,034		744,415
	Green Cross Holdings Corp.		80,040		935,890
*	Green Plus Co. Ltd.		2,321		17,615
*	GS Global Corp.		194,831		451,332
	Gwangju Shinsegae Co. Ltd.		13,770		339,610
	Hae In Corp.		8,115		36,991
	HAESUNG DS Co. Ltd.		45,545		1,597,727
	Haesung Industrial Co. Ltd.		3,053		21,162
	Haitai Confectionery & Foods Co. Ltd.		37,409		161,215
	Han Kuk Carbon Co. Ltd.		111,192		955,262
#	Hana Materials, Inc.		21,077		675,386
#	Hana Micron, Inc.		128,070		1,470,777
	Hana Pharm Co. Ltd.		859		9,352
	Hana Technology Co. Ltd.		4,887		255,678
# *	Hanall Biopharma Co. Ltd.		89,064		1,369,886
*	Hancom WITH, Inc.		4,708		15,216
*	Hancom, Inc.		56,997		606,188
	Handok, Inc.		32,265		369,336
	Handsome Co. Ltd.		52,459		980,409
	Hanil Cement Co. Ltd.		38,315		358,771
*	Hanil Feed Co. Ltd.		58,748		248,842
	Hanil Holdings Co. Ltd.		47,288		398,427
	Hanil Hyundai Cement Co. Ltd.		8,926		114,962
	Hanjin Transportation Co. Ltd.		33,634		501,317
*	Hankook Cosmetics Co. Ltd.		6,375		33,444
	Hankook Shell Oil Co. Ltd.		2,629		453,174
	Hanla IMS Co. Ltd.		23,956		118,488
	Hanmi Semiconductor Co. Ltd.		126,685		1,960,842
	HanmiGlobal Co. Ltd.		23,691		639,429
	Hannong Chemicals, Inc.		5,153		80,485
*	Hans Biomed Corp.		29,685		334,094
	Hansae Co. Ltd.		72,287		919,121
	Hansae Yes24 Holdings Co. Ltd.		45,615		156,056

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Hanshin Construction Co. Ltd.		17,142	$	99,202
	Hanshin Machinery Co.		91,006		410,283
	Hansol Holdings Co. Ltd.		136,151		315,948
*	Hansol HomeDeco Co. Ltd.		255,321		197,356
*	Hansol IONES Co. Ltd.		71,025		418,944
	Hansol Logistics Co. Ltd.		4,990		11,073
	Hansol Paper Co. Ltd.		64,542		548,805
	Hansol Technics Co. Ltd.		102,841		451,282
	Hanssem Co. Ltd.		18,239		610,081
*	Hanwha General Insurance Co. Ltd.		230,006		782,351
*	Hanwha Investment & Securities Co. Ltd.		393,869		815,765
*	Hanyang Digitech Co. Ltd.		2,738		22,317
	Hanyang Eng Co. Ltd.		36,442		404,137
	Hanyang Securities Co. Ltd.		35,735		234,823
	Harim Co. Ltd.		194,038		447,921
	Harim Holdings Co. Ltd.		145,706		1,024,092
	HB SOLUTION Co. Ltd.		28,101		297,327
	HB Technology Co. Ltd.		211,978		386,302
	HD Hyundai Construction Equipment Co. Ltd.		49,305		2,510,002
	HD Hyundai Electric Co. Ltd.		57,167		2,168,442
	HD Hyundai Energy Solutions Co. Ltd.		10,344		327,578
	HD Hyundai Infracore Co. Ltd.		317,589		2,349,778
	HDC Holdings Co. Ltd.		37,315		183,091
#	HDC Hyundai Development Co. Engineering & Construction, Class E		108,214		978,209
	HDC Hyundai Engineering Plastics Co. Ltd.		50,887		184,161
	HDCLabs Co. Ltd.		22,528		139,617
	Hecto Financial Co. Ltd.		7,655		103,743
	Hecto Innovation Co. Ltd.		34,635		325,842
	Heerim Architects & Planners		17,110		118,065
*	Helixmith Co. Ltd.		108,091		696,417
*	Heungkuk Fire & Marine Insurance Co. Ltd.		183,782		460,572
*	HFR, Inc.		18,640		377,161
	Hite Jinro Co. Ltd.		62,360		1,039,712
	Hitejinro Holdings Co. Ltd.		27,709		190,411
*	HJ Magnolia Yongpyong Hotel & Resort Corp.		109,445		242,584
*	HJ Shipbuilding & Construction Co. Ltd.		99,334		269,954
*	HL D&I Halla Corp.		68,744		128,626
	HL Holdings Corp.		27,184		674,571
*	HLB Biostep Co. Ltd.		19,251		59,435
*	HLB Global Co. Ltd.		44,664		194,180
# *	HLB Life Science Co. Ltd.		239,881		1,931,548
*	Hlb Pharma Ceutical Co. Ltd.		41,160		452,044
*	HLB Therapeutics Co. Ltd.		123,258		446,416
	Home Center Holdings Co. Ltd.		233,830		239,540
*	Homecast Co. Ltd.		116,798		363,059
	HS Industries Co. Ltd.		128,232		353,522
*	HSD Engine Co. Ltd.		128,636		749,143
*	Hugel, Inc.		12,995		1,106,040
*	Humasis Co. Ltd.		143,067		315,130
*	Humax Co. Ltd.		65,528		182,596
	Humedix Co. Ltd.		21,560		457,259
*	Huneed Technologies		12,770		61,844
#	Huons Co. Ltd.		30,307		744,983
	Huons Global Co. Ltd.		26,394		400,647
*	Huvis Corp.		52,644		179,295
	Huvitz Co. Ltd.		37,452		462,266
	Hwa Shin Co. Ltd.		48,675		503,669
# *	Hwail Pharm Co. Ltd.		150,233		233,845
	Hwangkum Steel & Technology Co. Ltd.		33,205		208,272

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Hwaseung Enterprise Co. Ltd.		63,281	$	377,181
	HwaSung Industrial Co. Ltd.		33,148		241,419
	Hy-Lok Corp.		28,001		447,132
*	Hyosung Chemical Corp.		4,047		323,626
	Hyosung Corp.		19,759		974,148
*	Hyosung Heavy Industries Corp.		10,904		641,970
	Hyosung TNC Corp.		3,308		935,198
	HyosungITX Co. Ltd.		13,955		132,484
*	Hyulim ROBOT Co. Ltd.		375,109		552,510
	Hyundai Bioland Co. Ltd.		48,606		443,338
	Hyundai BNG Steel Co. Ltd.		34,554		419,652
	Hyundai Corp.		30,105		392,543
	Hyundai Corp. Holdings, Inc.		19,173		160,267
	Hyundai Department Store Co. Ltd.		46,770		1,810,929
	Hyundai Elevator Co. Ltd.		72,251		1,813,802
	HYUNDAI EVERDIGM Corp.		11,688		64,345
	Hyundai Ezwel Co. Ltd.		83,595		412,102
	Hyundai Futurenet Co. Ltd.		138,333		333,472
	Hyundai GF Holdings		110,162		344,531
	Hyundai Green Food		58,480		531,321
	Hyundai Home Shopping Network Corp.		23,796		857,689
*	Hyundai Livart Furniture Co. Ltd.		47,892		279,183
	Hyundai Motor Securities Co. Ltd.		76,683		513,659
	Hyundai Pharmaceutical Co. Ltd.		91,807		338,673
	Hyundai Wia Corp.		49,339		2,074,492
	Hyungkuk F&B Co. Ltd.		13,023		24,890
* ††	Hyupjin Co. Ltd.		97,584		89,893
	HyVision System, Inc.		46,062		610,692
	i3system, Inc.		18,619		278,837
*	iA, Inc.		1,086,695		484,824
	ICD Co. Ltd.		54,903		500,878
*	Icure Pharm, Inc.		20,914		46,921
	IDIS Holdings Co. Ltd.		1,320		13,082
*	Il Dong Pharmaceutical Co. Ltd.		2,580		38,793
*	IL Science Co. Ltd.		7,360		20,673
	Il Sung Construction Co. Ltd.		1,197		1,954
	Iljin Electric Co. Ltd.		62,223		326,183
	Iljin Holdings Co. Ltd.		80,297		273,493
	Iljin Power Co. Ltd.		26,588		261,141
	Ilshin Spinning Co. Ltd.		58,200		577,420
*	Ilshin Stone Co. Ltd.		206,774		183,806
††	ilShinbiobase Co. Ltd.		122,045		176,667
	Ilsung Pharmaceuticals Co. Ltd.		20,685		414,750
	Ilyang Pharmaceutical Co. Ltd.		52,959		682,868
	iMarketKorea, Inc.		68,179		504,278
	InBody Co. Ltd.		39,563		822,303
	Incross Co. Ltd.		27,428		308,192
*	Infinitt Healthcare Co. Ltd.		34,801		131,721
	InfoBank Corp.		9,135		90,248
	Innocean Worldwide, Inc.		35,112		1,051,570
	InnoWireless Co. Ltd.		19,517		397,179
#	Innox Advanced Materials Co. Ltd.		49,189		1,628,906
*	Innox Corp.		928		30,522
*	Inscobee, Inc.		245,028		257,174
# *	Insun ENT Co. Ltd.		107,394		660,307
*	Insung Information Co. Ltd.		11,228		18,203
	Intekplus Co. Ltd.		21,313		320,655
	Intellian Technologies, Inc.		13,816		710,751
	Intelligent Digital Integrated Security Co. Ltd.		23,189		395,351

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	Interflex Co. Ltd.		50,589	$	367,106
	Interojo Co. Ltd.		34,422		917,927
	INTOPS Co. Ltd.		38,974		1,027,412
# *	iNtRON Biotechnology, Inc.		83,532		486,514
	Inzi Controls Co. Ltd.		9,887		63,466
# *	IS Dongseo Co. Ltd.		52,102		1,445,808
	ISC Co. Ltd.		41,915		1,239,169
	i-SENS, Inc.		76,760		982,745
*	ISU Abxis Co. Ltd.		7,306		34,449
	ISU Chemical Co. Ltd.		60,351		1,871,314
	IsuPetasys Co. Ltd.		155,641		1,089,254
*	ITEK, Inc.		2,360		16,089
*	ITM Semiconductor Co. Ltd.		4,360		87,737
	It’s Hanbul Co. Ltd.		10,670		121,318
*	Iwin Plus Co. Ltd.		2,955		5,821
*	Jahwa Electronics Co. Ltd.		38,252		890,598
	JASTECH Ltd.		10,805		71,292
	JB Financial Group Co. Ltd.		180,828		1,131,445
	JC Chemical Co. Ltd.		22,661		129,672
	Jeil Pharmaceutical Co. Ltd.		8,726		120,673
*	Jeisys Medical, Inc.		76,573		495,828
*	Jeju Semiconductor Corp.		119,230		416,368
*	Jin Air Co. Ltd.		27,927		332,694
	Jinsung T.E.C		36,955		319,089
	JLS Co. Ltd.		42,073		226,476
	JNK Heaters Co. Ltd.		62,635		287,585
*	JNTC Co. Ltd.		9,150		56,395
*	JoyCity Corp.		71,043		209,395
	JS Corp.		5,685		53,879
	Jusung Engineering Co. Ltd.		117,736		1,387,912
	JVM Co. Ltd.		20,022		304,134
	JW Holdings Corp.		185,773		447,665
	JW Life Science Corp.		29,965		263,675
	JW Pharmaceutical Corp.		51,763		881,508
*	JW Shinyak Corp.		71,474		166,073
	Kangnam Jevisco Co. Ltd.		14,797		269,165
*	Kangstem Biotech Co. Ltd.		87,134		197,557
	KAON Group Co. Ltd.		59,033		321,452
	KC Co. Ltd.		27,573		406,812
	KC Tech Co. Ltd.		37,495		527,896
	KCC Glass Corp.		30,162		1,037,750
	KCI Ltd.		23,655		166,685
	KCTC		25,319		79,297
	KEC Corp.		329,261		555,281
*	Kencoa Aerospace Co.		14,333		174,996
	KEPCO Plant Service & Engineering Co. Ltd.		52,618		1,407,512
*	KEYEAST Co. Ltd.		58,751		350,592
	KG Chemical Corp.		14,892		427,250
	KG Dongbu Steel		15,589		110,276
	KG Eco Technology Service Co. Ltd.		43,831		528,795
* ††	KG Mobility Co.		65,982		681,314
#	Kginicis Co. Ltd.		68,720		629,931
	KGMobilians Co. Ltd.		75,641		369,331
#	KH Vatec Co. Ltd.		60,110		850,387
	KidariStudio, Inc.		28,268		152,279
	KINX, Inc.		12,320		502,821
	KISCO Corp.		66,300		339,662
	KISCO Holdings Co. Ltd.		31,963		496,502
	KISWIRE Ltd.		42,183		599,110

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	KNJ Co. Ltd.		4,278	$	54,382
*	KNW Co. Ltd.		2,456		22,373
#	Koentec Co. Ltd.		82,232		435,237
	Koh Young Technology, Inc.		210,636		2,093,577
#	Kolmar BNH Co. Ltd.		39,096		653,928
#	Kolmar Korea Co. Ltd.		50,765		1,538,923
	Kolmar Korea Holdings Co. Ltd.		32,252		359,346
	Kolon Corp.		26,236		399,327
	Kolon Global Corp.		15,145		158,843
	Kolon Industries, Inc.		63,462		2,036,662
*	Kolon Mobility Group Corp.		50,223		154,226
	Kolon Plastic, Inc.		49,059		365,158
	Komelon Corp.		21,175		149,556
#	KoMiCo Ltd.		23,135		755,670
*	KONA I Co. Ltd.		23,792		287,221
	Korea Alcohol Industrial Co. Ltd.		47,508		367,209
	Korea Arlico Pharm Co. Ltd.		3,713		18,411
	Korea Asset In Trust Co. Ltd.		204,959		449,356
	Korea Cast Iron Pipe Industries Co. Ltd.		31,881		169,075
*	Korea Cement Co. Ltd.		21,858		39,197
*	Korea Circuit Co. Ltd.		39,627		418,039
*	Korea District Heating Corp.		10,363		215,250
	Korea Electric Terminal Co. Ltd.		21,069		967,002
	Korea Electronic Certification Authority, Inc.		55,043		200,024
	Korea Electronic Power Industrial Development Co. Ltd.		62,193		367,462
	Korea Export Packaging Industrial Co. Ltd.		56,210		141,695
*	Korea Information & Communications Co. Ltd.		24,722		192,594
	Korea Information Certificate Authority, Inc.		2,267		8,665
*	Korea Line Corp.		577,450		892,657
	Korea Movenex Co. Ltd.		70,591		166,993
	Korea Parts & Fasteners Co. Ltd.		11,691		47,732
#	Korea Petrochemical Ind Co. Ltd.		12,865		1,400,401
	Korea Petroleum Industries Co.		11,179		89,607
	Korea Pharma Co. Ltd.		12,997		194,218
	Korea Real Estate Investment & Trust Co. Ltd.		493,546		496,302
#	Korea United Pharm, Inc.		35,429		571,000
	Korean Reinsurance Co.		386,959		2,189,958
	Kortek Corp.		36,466		246,455
*	KOSES Co. Ltd.		3,930		29,853
*	KPM Tech Co. Ltd.		258,546		110,036
*	KPS Corp.		8,173		60,847
	KPX Chemical Co. Ltd.		8,847		312,318
	KSIGN Co. Ltd.		205,671		239,216
	KSS LINE Ltd.		53,011		324,055
*	KT Alpha Co. Ltd.		62,034		279,488
	KT Skylife Co. Ltd.		80,752		418,671
#	KT Submarine Co. Ltd.		51,480		250,868
	KTCS Corp.		129,498		342,856
	Ktis Corp.		109,265		268,092
	Kukbo Design Co. Ltd.		11,235		143,835
	Kukdo Chemical Co. Ltd.		9,859		324,552
	Kukdong Oil & Chemicals Co. Ltd.		71,029		192,969
# *	Kuk-il Paper Manufacturing Co. Ltd.		190,710		113,993
*	Kukjeon Pharmaceutical Co. Ltd.		21,111		99,252
*	Kumho HT, Inc.		233,146		141,299
# *	Kumho Tire Co., Inc.		339,665		1,144,057
	KUMHOE&C Co. Ltd.		75,262		359,856
	Kumkang Kind Co. Ltd.		62,740		238,058
	Kwang Dong Pharmaceutical Co. Ltd.		142,897		617,062

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Kwang Myung Electric Co. Ltd.		100,455	$	198,704
	KX Innovation Co. Ltd.		69,335		270,551
	Kyeong Nam Steel Co. Ltd.		5,707		13,030
	Kyeryong Construction Industrial Co. Ltd.		26,457		339,210
	Kyobo Securities Co. Ltd.		73,316		277,667
	Kyongbo Pharmaceutical Co. Ltd.		42,025		203,086
	Kyung Dong Navien Co. Ltd.		26,811		804,357
	Kyung Nong Corp.		6,524		49,236
	Kyungbang Co. Ltd.		47,694		377,368
*	Kyungchang Industrial Co. Ltd.		18,649		32,269
	KyungDong City Gas Co. Ltd.		13,575		218,043
	KyungDong Invest Co. Ltd.		735		57,986
	Kyungdong Pharm Co. Ltd.		73,304		404,639
	Kyung-In Synthetic Corp.		128,216		447,398
#	L&C Bio Co. Ltd.		19,169		441,805
*	LabGenomics Co. Ltd.		80,286		357,108
*	Lake Materials Co. Ltd.		115,339		1,196,035
	LaonPeople, Inc.		4,929		24,554
# *	LB Semicon, Inc.		119,129		709,625
	LEADCORP, Inc.		47,816		267,388
	LF Corp.		62,995		824,801
	LG HelloVision Co. Ltd.		116,618		359,268
	LIG Nex1 Co. Ltd.		26,802		1,571,343
	Lion Chemtech Co. Ltd.		18,316		102,922
	Lock & Lock Co. Ltd.		64,031		274,862
	LOT Vacuum Co. Ltd.		45,136		521,974
	Lotte Chilsung Beverage Co. Ltd.		8,699		1,013,969
*	Lotte Data Communication Co.		4,028		84,890
#	LOTTE Fine Chemical Co. Ltd.		49,102		2,255,072
	LOTTE Himart Co. Ltd.		34,338		291,110
*	Lotte Non-Life Insurance Co. Ltd.		155,474		180,391
	Lotte Rental Co. Ltd.		9,049		176,242
# *	Lotte Tour Development Co. Ltd.		42,320		347,017
	Lotte Wellfood Co. Ltd.		8,416		666,889
	LS Cable & System Asia Ltd.		35,473		182,206
	LS Electric Co. Ltd.		35,229		1,669,334
	Lutronic Corp.		56,611		1,100,900
*	LVMC Holdings		360,684		484,903
	LX Hausys Ltd.		25,569		786,651
	LX Holdings Corp.		10,044		64,027
	LX International Corp.		95,402		2,092,006
	LX Semicon Co. Ltd.		36,491		2,885,054
	M.I.Tech Co. Ltd.		21,731		225,778
*	M2N Co. Ltd.		36,322		127,671
	Macrogen, Inc.		3,933		57,484
	Maeil Dairies Co. Ltd.		4,652		165,349
	Maeil Holdings Co. Ltd.		4,933		32,050
	MAKUS, Inc.		5,008		37,539
	Manho Rope & Wire Ltd.		920		40,085
	Mcnex Co. Ltd.		44,780		1,055,048
*	MDS Tech, Inc.		234,808		406,320
*	ME2ON Co. Ltd.		93,947		260,330
	Mediana Co. Ltd.		24,894		83,006
* ††	Medience Co. Ltd.		53,361		123,946
*	Medipost Co. Ltd.		50,463		549,509
#	Medy-Tox, Inc.		16,579		2,935,132
	Meerecompany, Inc.		19,552		478,787
	MegaStudy Co. Ltd.		33,559		287,395
	MegaStudyEdu Co. Ltd.		27,677		1,299,676

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	MEKICS Co. Ltd.		8,088	$	21,683
	META BIOMED Co. Ltd.		32,591		52,570
*	Mgame Corp.		59,295		369,304
	Mi Chang Oil Industrial Co. Ltd.		3,145		153,091
*	MiCo BioMed Co. Ltd.		14,873		75,314
*	MiCo Ltd.		117,247		731,749
*	Mirae Asset Life Insurance Co. Ltd.		239,457		501,132
*	Mirae Asset Venture Investment Co. Ltd.		35,502		138,499
	Miwon Chemicals Co. Ltd.		3,853		186,285
	Miwon Commercial Co. Ltd.		5,072		640,579
	Miwon Specialty Chemical Co. Ltd.		5,925		620,154
	MK Electron Co. Ltd.		55,102		559,841
	MNTech Co. Ltd.		63,871		1,110,501
*	Mobile Appliance, Inc.		98,324		225,065
	Monalisa Co. Ltd.		73,193		152,481
	MonAmi Co. Ltd.		59,430		145,376
	Moorim P&P Co. Ltd.		82,322		225,226
	Moorim Paper Co. Ltd.		85,692		163,347
	Motonic Corp.		40,895		269,777
	Motrex Co. Ltd.		40,105		572,501
*	mPlus Corp.		15,452		139,891
	Mr Blue Corp.		33,624		65,527
	MS Autotech Co. Ltd.		113,563		493,212
	Muhak Co. Ltd.		28,579		119,366
	Multicampus Co. Ltd.		9,753		266,506
*	M-venture Investment, Inc.		100,633		68,772
*	Myoung Shin Industrial Co. Ltd.		52,191		708,360
*	MyungMoon Pharm Co. Ltd.		94,962		180,085
*	Naintech Co. Ltd.		18,860		48,954
	Namhae Chemical Corp.		85,332		551,455
*	Namsun Aluminum Co. Ltd.		308,560		535,089
*	Namuga Co. Ltd.		36,468		404,805
	Namyang Dairy Products Co. Ltd.		1,212		448,746
*	NanoenTek, Inc.		81,092		302,111
	Nasmedia Co. Ltd.		20,802		324,787
*	Nature & Environment Co. Ltd.		329,630		262,095
	Nature Holdings Co. Ltd.		11,061		234,319
*	NDFOS Co. Ltd.		9,801		20,833
	NeoPharm Co. Ltd.		19,428		254,427
*	Neowiz		48,900		1,615,715
*	NEOWIZ HOLDINGS Corp.		16,632		347,609
*	Nepes Ark Corp.		8,143		143,620
*	NEPES Corp.		68,067		1,029,417
*	Neptune Co.		18,922		125,150
	New Power Plasma Co. Ltd.		7,229		26,981
	Nexen Corp.		108,320		335,145
	Nexen Tire Corp.		124,972		770,990
*	Next Entertainment World Co. Ltd.		71,002		338,455
	NEXTIN, Inc.		13,447		651,360
*	NHN Corp.		55,266		1,125,092
	NHN KCP Corp.		84,992		716,438
	NI Steel Co. Ltd.		8,373		42,256
*	NIBEC Co. Ltd.		10,083		121,039
	NICE Holdings Co. Ltd.		69,460		659,660
	Nice Information & Telecommunication, Inc.		22,068		396,790
	NICE Information Service Co. Ltd.		131,225		1,127,371
	NICE Total Cash Management Co. Ltd.		54,101		206,264
*	NK Co. Ltd.		208,216		142,195
	Nong Shim Holdings Co. Ltd.		8,176		426,894

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Nong Woo Bio Co. Ltd.		9,704	$	62,781
	NOROO Paint & Coatings Co. Ltd.		37,026		222,266
	NOVAREX Co. Ltd.		17,413		113,300
	NPC		66,771		331,079
*	Nuintek Co. Ltd.		43,573		76,539
*	NUVOTEC Co. Ltd.		153,125		100,769
	Oceanbridge Co. Ltd.		19,278		197,702
*	Omnisystem Co. Ltd.		37,373		53,551
	Openbase, Inc.		68,350		146,270
*	Optipharm Co. Ltd.		1,575		9,321
	OptoElectronics Solutions Co. Ltd.		30,470		373,927
*	OPTRON-TEC, Inc.		54,673		116,586
	OPTUS Pharmaceutical Co. Ltd.		43,209		237,843
*	Orbitech Co. Ltd.		93,260		287,221
*	Orientbio, Inc.		173,545		79,501
	Orion Holdings Corp.		88,035		1,091,584
* ††	Osung Advanced Materials Co. Ltd.		223,449		259,463
	Ottogi Corp.		2,972		1,026,440
	Paik Kwang Industrial Co. Ltd.		98,951		505,042
*	Pan Entertainment Co. Ltd.		13,620		50,472
*	PANAGENE, Inc.		33,276		94,829
	Pang Rim Co. Ltd.		89,464		496,613
*	Paradise Co. Ltd.		98,053		1,129,048
	Park Systems Corp.		12,292		1,346,997
#	Partron Co. Ltd.		156,372		932,170
	Paseco Co. Ltd.		14,642		160,197
#	People & Technology, Inc.		38,136		1,545,139
*	Peptron, Inc.		9,152		49,269
	PHA Co. Ltd.		25,290		162,315
*	PharmAbcine		13,657		26,223
#	PharmaResearch Co. Ltd.		20,129		1,525,437
*	PharmGen Science, Inc.		63,854		306,065
*	Pharmicell Co. Ltd.		168,804		1,148,469
	Philoptics Co. Ltd.		17,711		122,593
* ††	Philosys Healthcare Co. Ltd.		94,841		23,101
#	PI Advanced Materials Co. Ltd.		53,171		1,303,079
	Point Engineering Co. Ltd.		24,538		36,537
*	Polaris Office Corp.		12,471		19,875
	Poongsan Corp.		67,915		2,158,402
	Poongsan Holdings Corp.		24,968		695,556
	Posco DX Co. Ltd.		179,741		1,786,050
	Posco M-Tech Co. Ltd.		72,480		1,253,788
	POSCO Steeleon Co. Ltd.		893		34,779
*	Power Logics Co. Ltd.		95,962		415,041
	Protec Co. Ltd.		19,624		361,154
#	PSK, Inc.		71,508		1,111,702
	Pulmuone Co. Ltd.		38,753		293,379
	Pungkuk Ethanol Co. Ltd.		22,635		231,005
	QSI Co. Ltd.		10,628		77,336
*	RaonSecure Co. Ltd.		115,448		197,338
*	Ray Co. Ltd/KR		18,972		474,457
	Rayence Co. Ltd.		17,543		154,649
	Reyon Pharmaceutical Co. Ltd.		27,505		383,459
#	RFHIC Corp.		68,876		1,212,178
*	RFTech Co. Ltd.		114,269		377,095
	RN2 Technologies Co. Ltd.		4,601		27,473
*	Robostar Co. Ltd.		28,003		676,344
*	Robotis Co. Ltd.		11,904		287,204
	Rorze Systems Corp.		12,806		77,377

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Rsupport Co. Ltd.		59,819	$	176,676
*	S Net Systems, Inc.		44,130		155,161
#	S&S Tech Corp.		54,626		1,835,382
*	S.Y. Co. Ltd.		129,076		286,578
	Sajo Industries Co. Ltd.		9,398		299,893
	Sajodaerim Corp.		2,580		51,789
*	Sajodongaone Co. Ltd.		29,518		22,861
*	Sam Chun Dang Pharm Co. Ltd.		36,463		2,057,353
	Sam Young Electronics Co. Ltd.		45,179		318,910
	Sam Yung Trading Co. Ltd.		77,884		784,579
	Sambo Corrugated Board Co. Ltd.		7,239		54,458
	Sambo Motors Co. Ltd.		15,328		76,439
*	Sambu Engineering & Construction Co. Ltd.		437,898		347,009
	Samchully Co. Ltd.		2,669		305,411
*	Samchuly Bicycle Co. Ltd.		15,529		80,059
	Samho Development Co. Ltd.		64,421		171,212
*	SAMHWA NETWORKS Co. Ltd.		23,437		61,550
	SAMHWA Paints Industrial Co. Ltd.		37,979		181,900
	Samick Musical Instruments Co. Ltd.		219,742		198,826
	Samick THK Co. Ltd.		31,605		313,575
*	Samil Pharmaceutical Co. Ltd.		28,019		162,737
	Samji Electronics Co. Ltd.		37,339		250,758
*	Samjin LND Co. Ltd.		89,395		200,301
	Samjin Pharmaceutical Co. Ltd.		27,872		475,008
*	Samkee Corp.		67,094		154,200
	Sammok S-Form Co. Ltd.		19,532		221,482
	SAMPYO Cement Co. Ltd.		125,588		328,283
	Samsung Climate Control Co. Ltd.		1,221		10,604
*	Samsung Pharmaceutical Co. Ltd.		233,733		487,880
	Samsung Publishing Co. Ltd.		17,275		284,621
	SAMT Co. Ltd.		211,277		472,506
	Samwha Capacitor Co. Ltd.		30,126		935,956
	Samwha Electric Co. Ltd.		16,687		220,171
	Samyang Corp.		12,575		390,104
	Samyang Foods Co. Ltd.		13,290		1,158,212
	Samyang Holdings Corp.		14,215		805,023
	Samyang Packaging Corp.		4,346		57,091
	Samyang Tongsang Co. Ltd.		5,256		197,682
*	Samyoung Co. Ltd.		36,545		106,918
	Sang-A Frontec Co. Ltd.		35,732		833,914
*	Sangbo Corp.		112,085		130,025
#	Sangsangin Co. Ltd.		124,136		457,937
	Sangsin Energy Display Precision Co. Ltd.		38,495		662,886
	Saramin Co. Ltd.		25,969		443,294
	Satrec Initiative Co. Ltd.		22,788		623,171
	SAVEZONE I&C Corp.		64,559		132,166
*	SBI Investment Korea Co. Ltd.		350,632		282,596
*	SBW		881,230		178,845
*	S-Connect Co. Ltd.		208,292		276,313
*	SDN Co. Ltd.		224,182		322,504
	Seah Besteel Holdings Corp.		51,280		890,536
	SeAH Holdings Corp.		3,283		279,879
	SeAH Steel Corp.		3,893		410,803
	SeAH Steel Holdings Corp.		6,517		729,840
	Sebang Co. Ltd.		42,224		570,562
	Sebang Global Battery Co. Ltd.		22,923		922,088
*	Seegene, Inc.		110,917		2,021,331
*	Segyung Hitech Co. Ltd.		9,088		111,340
	Sejin Heavy Industries Co. Ltd.		46,649		231,762

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Sejong Industrial Co. Ltd.		38,928	$	196,756
*	Sejong Telecom, Inc.		758,673		343,159
*	Sekonix Co. Ltd.		13,866		61,574
*	Selvas AI, Inc.		36,435		551,818
	Sempio Foods Co.		9,478		207,987
*	S-Energy Co. Ltd.		24,822		53,405
#	Seobu T&D		115,970		643,717
	Seohan Co. Ltd.		290,737		235,938
	Seohee Construction Co. Ltd.		11,969		11,419
# *	Seojin System Co. Ltd.		53,856		648,155
	Seoul Auction Co. Ltd.		41,464		438,131
*	Seoul Food Industrial Co. Ltd.		1,520,855		244,794
	Seoul Semiconductor Co. Ltd.		161,292		1,288,362
*	Seoul Viosys Co. Ltd.		27,029		91,914
	Seoulin Bioscience Co. Ltd.		25,428		226,937
*	Seowon Co. Ltd.		106,245		108,015
	SEOWONINTECH Co. Ltd.		16,960		79,887
	Seoyon Co. Ltd.		56,279		342,463
	Seoyon E-Hwa Co. Ltd.		37,029		414,059
*	Sewon E&C Co. Ltd.		518,090		98,323
††	Sewon Precision Industry Co. Ltd.		8,455		47,288
	Sewoon Medical Co. Ltd.		90,686		183,546
#	SFA Engineering Corp.		66,414		1,985,065
*	SFA Semicon Co. Ltd.		257,032		1,023,210
	S-Fuelcell Co. Ltd.		8,387		127,340
*	SG Corp.		525,085		199,445
	SGC e Tec E&C Co. Ltd.		7,556		133,502
	SGC Energy Co. Ltd.		15,800		346,895
	SH Energy & Chemical Co. Ltd.		339,049		200,198
	Shin Heung Energy & Electronics Co. Ltd.		8,995		323,355
# *	Shin Poong Pharmaceutical Co. Ltd.		62,297		842,900
	Shindaeyang Paper Co. Ltd.		71,420		449,971
	Shinil Electronics Co. Ltd.		256,618		402,916
	Shinsegae Engineering & Construction Co. Ltd.		7,252		95,779
	Shinsegae Food Co. Ltd.		4,124		136,234
	Shinsegae Information & Communication Co. Ltd.		2,319		25,904
#	Shinsegae International, Inc.		43,626		640,534
	Shinsung Delta Tech Co. Ltd.		44,703		367,054
*	Shinsung E&G Co. Ltd.		610,324		913,431
*	Shinsung Tongsang Co. Ltd.		122,206		202,483
*	Shinwha Intertek Corp.		107,691		239,070
	Shinwon Corp.		193,213		206,696
	Shinyoung Securities Co. Ltd.		17,134		710,749
*	Showbox Corp.		109,545		284,827
*	Signetics Corp.		215,282		204,901
	SIGONG TECH Co. Ltd.		35,400		111,409
	Silla Co. Ltd.		28,011		219,640
#	Simmtech Co. Ltd.		73,195		1,579,238
	SIMMTECH HOLDINGS Co. Ltd.		33,842		73,730
	SIMPAC, Inc.		57,925		240,940
	Sindoh Co. Ltd.		16,601		426,548
	Sinil Pharm Co. Ltd.		4,046		23,562
	SJ Group Co. Ltd.		8,579		91,559
	SK D&D Co. Ltd.		35,693		605,826
	SK Discovery Co. Ltd.		41,959		1,012,944
	SK Gas Ltd.		7,969		719,603
	SK Networks Co. Ltd.		500,225		1,745,850
*	SK oceanplant Co. Ltd.		84,478		1,242,679
	SK Rent A Car Co. Ltd.		5,401		29,817

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	SK Securities Co. Ltd.		1,392,259	$	708,743
#	SL Corp.		57,779		1,346,202
*	SM Culture & Contents Co. Ltd.		194,308		429,929
*	SM Life Design Group Co. Ltd.		104,568		163,277
* ††	S-MAC Co. Ltd.		176,178		171,227
	SMCore, Inc.		53,702		278,130
	SNT Dynamics Co. Ltd.		41,013		282,262
	SNT Holdings Co. Ltd.		27,174		318,029
#	SNT Motiv Co. Ltd.		32,114		1,147,728
*	SNU Precision Co. Ltd.		77,902		225,166
*	Solborn, Inc.		54,990		180,535
	Solid, Inc.		219,880		868,342
*	SOLUM Co. Ltd.		93,984		1,721,286
	Solus Advanced Materials Co. Ltd.		29,019		879,464
	Songwon Industrial Co. Ltd.		47,243		608,680
*	Sonid, Inc.		10,429		41,788
*	Sonokong Co. Ltd.		43,529		66,043
	Soosan Heavy Industries Co. Ltd.		59,096		113,376
	Soulbrain Co. Ltd.		9,235		1,519,550
#	Soulbrain Holdings Co. Ltd.		19,846		396,472
	SPC Samlip Co. Ltd.		8,493		461,554
*	Speco Co. Ltd.		10,580		31,586
	SPG Co. Ltd.		47,728		962,625
	Spigen Korea Co. Ltd.		13,602		321,251
	ST Pharm Co. Ltd.		28,869		1,710,572
	STIC Investments, Inc.		123,274		585,890
*	Straffic Co. Ltd.		38,493		120,130
*	STX Heavy Industries Co. Ltd.		18,379		74,168
	Sugentech, Inc.		19,889		121,875
	Suheung Co. Ltd.		21,759		464,018
	Sukgyung AT Co. Ltd.		1,793		56,628
	Sun Kwang Co. Ltd.		15,209		469,188
	Sung Kwang Bend Co. Ltd.		51,596		473,677
*	Sungchang Enterprise Holdings Ltd.		214,939		313,954
	Sungshin Cement Co. Ltd.		59,213		424,630
#	Sungwoo Hitech Co. Ltd.		185,738		1,184,557
	Sunjin Co. Ltd.		48,992		302,789
*	Sunny Electronics Corp.		114,566		185,950
*	Suprema, Inc.		18,844		306,931
	SV Investment Corp.		106,865		175,490
*	Synergy Innovation Co. Ltd.		105,399		236,863
*	Synopex, Inc.		259,074		529,854
	Systems Technology, Inc.		40,934		357,914
	T&L Co. Ltd.		7,998		273,992
	Tae Kyung Industrial Co. Ltd.		44,125		261,276
	Taekwang Industrial Co. Ltd.		1,146		598,200
	Taekyung BK Co. Ltd.		26,177		141,458
* ††	Taewoong Co. Ltd.		56,071		556,522
	Taeyoung Engineering & Construction Co. Ltd.		85,762		245,313
*	Taihan Fiberoptics Co. Ltd.		228,160		329,734
*	Taihan Textile Co. Ltd.		3,092		121,793
	Tailim Packaging Co. Ltd.		63,432		124,527
	TCC Steel		25,593		754,551
	TechWing, Inc.		104,027		534,933
*	Tego Science, Inc.		8,956		84,728
*	Telcon RF Pharmaceutical, Inc.		277,957		220,842
	Telechips, Inc.		36,782		463,826
*	TERA SCIENCE Co. Ltd.		182,973		527,300
	TES Co. Ltd.		56,581		912,805

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	Theragen Etex Co. Ltd.		111,294	$	434,781
*	Thinkware Systems Corp.		26,213		262,667
# *	TK Chemical Corp.		47,613		92,400
	TK Corp.		53,989		719,302
	TKG Huchems Co. Ltd.		69,624		1,187,910
	TLB Co. Ltd.		1,165		17,260
	Tokai Carbon Korea Co. Ltd.		20,425		1,528,578
*	Tongyang Life Insurance Co. Ltd.		162,309		479,910
	Tongyang, Inc.		548,179		434,458
*	Top Engineering Co. Ltd.		52,518		199,242
	Toptec Co. Ltd.		81,091		534,879
	Tovis Co. Ltd.		56,715		449,913
	TS Corp.		140,490		363,003
*	TS Nexgen Co. Ltd.		228,108		144,827
	TSE Co. Ltd.		8,349		239,113
*	Tuksu Construction Co. Ltd.		31,513		183,006
	TY Holdings Co. Ltd.		93,485		756,789
	TYM Corp.		411,509		765,584
	UBCare Co. Ltd.		91,237		383,602
	Ubiquoss Holdings, Inc.		32,753		324,098
	Ubiquoss, Inc.		26,517		254,737
	Uju Electronics Co. Ltd.		26,223		243,106
	Uni-Chem Co. Ltd.		155,749		181,563
	Unick Corp.		53,999		226,925
*	Unid Btplus Co. Ltd.		22,877		162,737
	Unid Co. Ltd.		14,590		709,934
	Union Materials Corp.		28,259		90,133
	Union Semiconductor Equipment & Materials Co. Ltd.		89,463		514,980
	Uniquest Corp.		56,000		409,739
*	Unison Co. Ltd.		229,881		273,284
*	UniTest, Inc.		60,851		555,642
*	UTI, Inc.		22,312		373,536
	Value Added Technology Co. Ltd.		29,655		856,448
*	Very Good Tour Co. Ltd.		15,639		115,168
	Viatron Technologies, Inc.		42,963		321,760
*	VICTEK Co. Ltd.		91,039		349,151
*	Vidente Co. Ltd.		57,951		143,752
	Vieworks Co. Ltd.		29,404		753,684
*	Vina Tech Co. Ltd.		9,636		502,656
	Visang Education, Inc.		16,820		70,902
	Vitzro Tech Co. Ltd.		15,497		86,098
	Vitzrocell Co. Ltd.		54,357		722,759
*	Vivozon Pharmaceutical Co.Ltd.		179,430		118,073
*	VT GMP Co. Ltd.		42,957		187,797
*	Webcash Corp.		13,826		145,178
	Webzen, Inc.		56,800		648,451
*	Welcron Co. Ltd.		109,997		226,034
*	Wellbiotec Co. Ltd.		99,963		103,661
	Whanin Pharmaceutical Co. Ltd.		46,587		563,500
	Wiable Corp.		8,754		14,141
*	WillBes & Co.		178,256		79,838
#	Winix, Inc.		34,410		257,174
	Wins Co. Ltd.		26,610		249,230
	WiSoL Co. Ltd.		74,628		362,357
*	WIZIT Co. Ltd.		244,335		136,990
*	WONIK CUBE Corp.		58,473		81,734
*	Wonik Holdings Co. Ltd.		165,481		441,434
	WONIK IPS Co. Ltd.		61,500		1,408,451
#	Wonik Materials Co. Ltd.		25,331		503,017

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	WONIK PNE Co. Ltd.		13,707	$	98,764
	Wonik QnC Corp.		62,589		1,145,665
	Woojin Plaimm Co. Ltd.		3,881		10,050
	Woojin, Inc.		20,586		133,231
*	Woongjin Co. Ltd.		21,607		24,138
	Woongjin Thinkbig Co. Ltd.		35,821		83,142
*	Wooree Bio Co. Ltd.		21,919		44,815
	Woori Investment Bank Co. Ltd.		1,510,901		854,867
*	Woori Technology Investment Co. Ltd.		75,498		231,640
*	Woori Technology, Inc.		570,501		657,286
* ††	Wooriro Co. Ltd.		16,683		15,141
	Woorison F&G Co. Ltd.		116,049		158,208
	Woory Industrial Co. Ltd.		23,700		303,099
*	Woosu AMS Co. Ltd.		106,413		246,309
*	WooSung Co. Ltd.		6,452		117,352
	Worldex Industry & Trading Co. Ltd.		44,952		744,486
# *	Wysiwyg Studios Co. Ltd.		59,396		785,500
	Y G-1 Co. Ltd.		61,821		302,629
*	Y2 Solution Co. Ltd.		88,983		86,107
	Y-entec Co. Ltd.		25,880		153,069
*	Yest Co. Ltd.		52,284		395,093
#	YG Entertainment, Inc.		42,279		1,937,004
*	YG PLUS		79,734		304,679
*	YIK Corp.		98,562		281,675
*	YJM Games Co. Ltd.		113,684		92,665
	YMC Co. Ltd.		54,027		249,726
*	YMT Co. Ltd.		20,730		189,358
*	Yonwoo Co. Ltd.		6,890		83,272
	Yoosung Enterprise Co. Ltd.		80,477		174,809
	Youil Energy Tech Co. Ltd.		7,087		115,034
	Youlchon Chemical Co. Ltd.		35,492		1,027,433
#	Young Poong Corp.		910		388,790
	Young Poong Paper Manufacturing Co. Ltd.		16,322		218,683
	Young Poong Precision Corp.		37,751		354,483
	Youngone Holdings Co. Ltd.		21,971		1,064,245
	YTN Co. Ltd.		73,837		310,548
	Yuanta Securities Korea Co. Ltd.		340,341		669,720
	YuHwa Securities Co. Ltd.		96,255		166,561
*	Yujin Robot Co. Ltd.		35,304		152,124
*	Yungjin Pharmaceutical Co. Ltd.		244,225		539,691
	Yuyu Pharma, Inc.		8,551		38,537
	Zeus Co. Ltd.		28,507		604,226
	Zinus, Inc.		31,703		679,284
TOTAL SOUTH KOREA					465,613,995
TAIWAN — (18.2%)
	104 Corp.		1,000		6,900
	91APP, Inc.		103,000		489,152
#	ABC Taiwan Electronics Corp.		300,977		281,688
	Abico Avy Co. Ltd.		444,841		301,577
	Ability Enterprise Co. Ltd.		833,293		552,365
# *	Ability Opto-Electronics Technology Co. Ltd.		262,776		786,628
	Abnova Corp.		88,000		102,824
#	AcBel Polytech, Inc.		1,226,599		1,695,277
#	ACES Electronic Co. Ltd.		407,822		401,173
*	Acon Holding, Inc.		938,560		355,877
	Acter Group Corp. Ltd.		360,980		1,594,561
	Action Electronics Co. Ltd.		687,000		334,995
	ADATA Technology Co. Ltd.		857,879		2,105,378

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Addcn Technology Co. Ltd.		111,564	$	738,063
	Adlink Technology, Inc.		61,000		119,084
#	Advanced Ceramic X Corp.		163,000		1,104,228
	Advanced International Multitech Co. Ltd.		410,000		1,209,317
#	Advanced Optoelectronic Technology, Inc.		457,000		282,341
#	Advanced Power Electronics Corp.		138,000		469,223
#	Advanced Wireless Semiconductor Co.		252,000		682,100
	Advancetek Enterprise Co. Ltd.		1,030,519		1,085,025
	AEON Motor Co. Ltd.		33,359		41,254
	Aerospace Industrial Development Corp.		2,123,000		4,014,623
#	AGV Products Corp.		1,543,433		553,548
	AIC, Inc.		8,000		46,674
*	Airmate Cayman International Co. Ltd.		38,719		23,227
	Alcor Micro Corp.		10,000		10,405
	Alexander Marine Co. Ltd.		48,000		739,258
# *	ALI Corp.		686,775		441,268
	All Ring Tech Co. Ltd.		126,000		252,484
#	Allied Circuit Co. Ltd.		113,000		576,432
#	Allied Supreme Corp.		87,000		799,857
#	Allis Electric Co. Ltd.		672,385		1,066,612
#	Alltek Technology Corp.		554,423		752,497
#	Alltop Technology Co. Ltd.		105,774		463,510
	Alpha Networks, Inc.		1,256,158		1,452,063
	Altek Corp.		925,945		1,009,701
	Amazing Microelectronic Corp.		316,352		1,097,167
*	Ambassador Hotel		1,135,000		1,410,897
#	AMICCOM Electronics Corp.		25,000		23,855
	AMPACS Corp.		12,000		23,234
	Ampire Co. Ltd.		317,000		396,456
#	AMPOC Far-East Co. Ltd.		346,444		601,430
	AmTRAN Technology Co. Ltd.		2,814,486		1,051,673
*	Amulaire Thermal Technology, Inc.		32,000		35,624
	Anderson Industrial Corp.		290,416		115,462
	Anji Technology Co. Ltd.		66,000		117,083
#	Anpec Electronics Corp.		224,007		1,243,197
#	Apac Opto Electronics, Inc.		147,000		171,958
#	Apacer Technology, Inc.		345,325		579,639
	APAQ Technology Co. Ltd.		484		817
	APCB, Inc.		485,000		274,200
#	Apex Biotechnology Corp.		338,483		304,387
#	Apex International Co. Ltd.		540,470		973,185
#	Apex Science & Engineering		623,132		228,220
	Arcadyan Technology Corp.		533,055		1,750,190
	Ardentec Corp.		1,500,274		2,646,755
#	Argosy Research, Inc.		220,396		737,705
	Asia Electronic Material Co. Ltd.		331,000		175,948
	Asia Optical Co., Inc.		851,000		1,781,242
*	Asia Pacific Telecom Co. Ltd.		6,978,999		1,524,790
*	Asia Plastic Recycling Holding Ltd.		405,182		94,449
	Asia Polymer Corp.		1,420,996		1,276,714
	Asia Tech Image, Inc.		198,000		438,772
#	Asia Vital Components Co. Ltd.		943,549		4,854,859
#	ASIX Electronics Corp.		105,000		433,781
	ASolid Technology Co. Ltd.		27,000		87,009
#	ASROCK, Inc.		154,000		682,647
	ATE Energy International Co. Ltd.		10,274		10,893
	Aten International Co. Ltd.		350,479		978,850
	Audix Corp.		279,600		518,511
#	AURAS Technology Co. Ltd.		229,148		1,859,893

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Aurona Industries, Inc.		246,000	$	168,135
	Aurora Corp.		262,349		685,161
#	Avalue Technology, Inc.		164,000		593,698
	Aver Information, Inc.		31,000		43,714
	Awea Mechantronic Co. Ltd.		132,210		141,602
#	Axiomtek Co. Ltd.		212,000		519,946
# *	Azurewave Technologies, Inc.		345,000		262,132
	Bafang Yunji International Co. Ltd.		81,000		475,162
	Bank of Kaohsiung Co. Ltd.		2,515,334		1,008,205
	Baolong International Co. Ltd.		295,000		156,717
	Basso Industry Corp.		472,900		647,257
	BenQ Materials Corp.		610,000		756,538
	BES Engineering Corp.		5,159,750		1,756,510
	Bin Chuan Enterprise Co. Ltd.		372,070		290,255
	Bionet Corp.		140,000		287,125
	Bionime Corp.		133,000		323,508
	Biostar Microtech International Corp.		631,975		318,155
	Bioteque Corp.		231,308		859,688
	Bon Fame Co. Ltd.		14,000		32,263
	Brave C&H Supply Co. Ltd.		48,000		170,011
	Bright Led Electronics Corp.		375,520		227,201
	Brighten Optix Corp.		2,000		15,692
	Brighton-Best International Taiwan, Inc.		1,469,318		1,697,831
#	Brillian Network & Automation Integrated System Co. Ltd.		28,000		124,021
#	Browave Corp.		197,000		350,705
	C Sun Manufacturing Ltd.		530,969		825,428
*	Calin Technology Co. Ltd.		38,000		57,773
*	Cameo Communications, Inc.		745,645		332,281
#	Capital Futures Corp.		335,895		474,677
#	Capital Securities Corp.		6,059,501		2,707,216
# *	Career Technology MFG. Co. Ltd.		1,580,459		1,196,945
#	Carnival Industrial Corp.		415,353		194,984
#	Castles Technology Co. Ltd.		58,866		157,568
	Caswell, Inc.		56,000		181,034
	Cathay Chemical Works		30,000		28,859
	Cathay Real Estate Development Co. Ltd.		2,062,700		1,135,801
	Cayman Engley Industrial Co. Ltd.		152,099		354,817
#	CCP Contact Probes Co. Ltd.		159,844		226,781
#	Celxpert Energy Corp.		280,000		307,907
	Center Laboratories, Inc.		1,599,827		2,650,101
#	Central Reinsurance Co. Ltd.		832,905		493,458
#	Chain Chon Industrial Co. Ltd.		595,484		312,266
*	ChainQui Construction Development Co. Ltd.		451,080		222,585
	Champion Building Materials Co. Ltd.		813,465		246,622
	Champion Microelectronic Corp.		23,000		44,026
	Chang Wah Electromaterials, Inc.		1,362,350		1,479,879
	Chang Wah Technology Co. Ltd.		1,180,425		1,629,512
#	Channel Well Technology Co. Ltd.		680,000		1,205,392
	Chant Sincere Co. Ltd.		66,000		160,246
	Charoen Pokphand Enterprise		679,483		1,992,035
	CHC Healthcare Group		367,000		819,103
#	CHC Resources Corp.		346,282		563,598
	Chen Full International Co. Ltd.		342,000		504,494
#	Chenbro Micom Co. Ltd.		219,000		594,738
	Cheng Loong Corp.		2,760,383		2,814,834
	Cheng Mei Materials Technology Corp.		1,993,524		777,453
	Cheng Uei Precision Industry Co. Ltd.		1,321,331		1,805,919
*	Chenming Electronic Technology Corp.		287,437		210,840
#	Chia Chang Co. Ltd.		378,000		461,216

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Chia Hsin Cement Corp.		1,726,121	$	1,128,282
	Chian Hsing Forging Industrial Co. Ltd.		151,800		171,718
	Chicony Power Technology Co. Ltd.		481,454		1,341,992
	Chief Telecom, Inc.		39,000		476,378
	Chieftek Precision Co. Ltd.		248,847		618,321
	Chien Kuo Construction Co. Ltd.		658,249		278,659
	Chien Shing Harbour Service Co. Ltd.		16,000		25,843
#	Chime Ball Technology Co. Ltd.		106,840		134,624
	China Bills Finance Corp.		2,632,000		1,293,934
#	China Chemical & Pharmaceutical Co. Ltd.		886,000		790,059
	China Ecotek Corp.		145,000		251,715
#	China Electric Manufacturing Corp.		798,959		461,667
	China Fineblanking Technology Co. Ltd.		159,242		175,144
	China General Plastics Corp.		1,457,461		1,190,169
	China Glaze Co. Ltd.		310,002		162,781
*	China Man-Made Fiber Corp.		4,555,390		1,242,773
	China Metal Products		1,069,603		1,199,222
	China Motor Corp.		800,600		2,062,086
	China Petrochemical Development Corp.		13,546,553		4,461,413
	China Steel Chemical Corp.		576,554		2,162,177
#	China Steel Structure Co. Ltd.		282,000		530,389
#	China Wire & Cable Co. Ltd.		276,160		238,760
	Chinese Maritime Transport Ltd.		287,594		382,049
	Ching Feng Home Fashions Co. Ltd.		544,409		347,529
	Chin-Poon Industrial Co. Ltd.		1,467,207		1,538,995
	Chipbond Technology Corp.		2,332,000		5,007,462
	ChipMOS Technologies, Inc.		1,896,076		2,290,519
	Chlitina Holding Ltd.		172,000		1,227,661
	Chong Hong Construction Co. Ltd.		673,666		1,752,406
	Chun YU Works & Co. Ltd.		526,050		469,401
#	Chun Yuan Steel Industry Co. Ltd.		1,806,529		957,453
	Chung Hsin Electric & Machinery Manufacturing Corp.		1,402,375		4,649,401
	Chung Hung Steel Corp.		2,071,979		1,657,167
	Chung Hwa Food Industrial Co. Ltd.		126,535		436,768
	Chung Hwa Pulp Corp.		1,434,405		1,146,889
#	Chunghwa Chemical Synthesis & Biotech Co. Ltd.		139,000		432,829
#	Chunghwa Precision Test Tech Co. Ltd.		56,000		881,878
	Chyang Sheng Dyeing & Finishing Co. Ltd.		397,000		184,244
	Cleanaway Co. Ltd.		286,000		1,750,709
	Clevo Co.		1,624,200		1,612,427
	CMC Magnetics Corp.		3,847,108		1,010,120
	CoAsia Electronics Corp.		452,412		169,661
#	Collins Co. Ltd.		351,431		197,337
#	Compeq Manufacturing Co. Ltd.		3,133,000		4,413,453
	Compucase Enterprise		278,000		458,537
#	Concord Securities Co. Ltd.		1,728,796		620,018
	Continental Holdings Corp.		1,312,320		1,334,485
#	Contrel Technology Co. Ltd.		513,000		324,471
#	Coremax Corp.		258,065		786,628
	Coretronic Corp.		1,259,200		3,076,038
#	Co-Tech Development Corp.		795,533		1,424,490
	Cowealth Medical Holding Co. Ltd.		175,972		161,808
# *	CSBC Corp. Taiwan		1,758,677		1,489,425
	CTCI Corp.		1,963,000		2,717,873
*	C-Tech United Corp.		162,878		72,798
#	CviLux Corp.		266,040		321,788
#	CyberPower Systems, Inc.		235,000		943,260
#	CyberTAN Technology, Inc.		1,294,779		964,902
#	Cypress Technology Co. Ltd.		169,489		331,105

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Cystech Electronics Corp.		20,750	$	55,928
	DA CIN Construction Co. Ltd.		1,101,711		1,106,874
	Dadi Early-Childhood Education Group Ltd.		21,357		76,669
	Dafeng TV Ltd.		304,870		498,268
#	Da-Li Development Co. Ltd.		1,413,747		1,454,459
	Darfon Electronics Corp.		783,550		1,121,227
# *	Darwin Precisions Corp.		1,385,635		463,735
	Davicom Semiconductor, Inc.		44,888		49,867
	Daxin Materials Corp.		229,200		670,094
	De Licacy Industrial Co. Ltd.		1,155,511		575,935
	Delpha Construction Co. Ltd.		284,000		204,340
#	Depo Auto Parts Ind Co. Ltd.		358,000		1,139,828
	DFI, Inc.		9,000		20,041
	Dimerco Data System Corp.		220,612		718,253
#	Dimerco Express Corp.		440,880		1,244,933
	D-Link Corp.		1,944,855		1,120,843
	Donpon Precision, Inc.		104,000		93,347
	Dr Wu Skincare Co. Ltd.		57,000		268,791
	Draytek Corp.		247,000		213,313
	Dyaco International, Inc.		142,813		197,874
	Dynamic Holding Co. Ltd.		992,707		791,446
	Dynapack International Technology Corp.		492,000		1,220,949
	E & R Engineering Corp.		95,000		158,101
	Eastern Media International Corp.		1,100,011		684,400
	ECOVE Environment Corp.		113,000		1,094,857
# *	Edimax Technology Co. Ltd.		624,108		328,547
	Edison Opto Corp.		262,749		197,791
	Edom Technology Co. Ltd.		732,964		661,103
#	eGalax_eMPIA Technology, Inc.		199,777		425,325
#	Egis Technology, Inc.		203,000		563,843
	Elan Microelectronics Corp.		942,400		2,902,724
# *	E-Lead Electronic Co. Ltd.		197,873		470,195
#	E-LIFE MALL Corp.		295,000		801,616
	Elite Advanced Laser Corp.		531,226		639,508
	Elite Material Co. Ltd.		72,000		385,120
	Elite Semiconductor Microelectronics Technology, Inc.		919,200		2,437,565
	Elitegroup Computer Systems Co. Ltd.		1,191,254		963,886
#	Emerging Display Technologies Corp.		462,000		449,313
	Ennoconn Corp.		244,938		2,004,184
	Ennostar, Inc.		2,037,462		3,322,814
#	EnTie Commercial Bank Co. Ltd.		2,292,603		1,123,744
	Episil Technologies, Inc.		782,000		1,992,651
	Episil-Precision, Inc.		326,000		672,035
#	Eris Technology Corp.		38,000		373,669
#	Eson Precision Ind Co. Ltd.		331,000		706,949
	Eternal Materials Co. Ltd.		3,021,985		3,186,489
#	Etron Technology, Inc.		630,977		890,100
	Eurocharm Holdings Co. Ltd.		102,000		591,095
	Ever Supreme Bio Technology Co. Ltd.		86,000		598,094
*	Everest Textile Co. Ltd.		1,642,762		418,716
	Evergreen International Storage & Transport Corp.		1,888,000		1,668,845
#	Evergreen Steel Corp.		351,000		674,952
	Everlight Chemical Industrial Corp.		1,697,606		1,212,559
#	Everlight Electronics Co. Ltd.		1,457,000		1,898,304
	Everspring Industry Co. Ltd.		469,800		190,030
	Excellence Opto, Inc.		72,000		78,891
#	Excelliance Mos Corp.		77,000		320,604
	Excelsior Medical Co. Ltd.		378,219		1,075,802
#	EZconn Corp.		159,800		262,306

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Far Eastern Department Stores Ltd.		3,458,000	$	2,522,334
#	Far Eastern International Bank		8,313,246		3,033,429
#	Faraday Technology Corp.		548,000		2,947,971
#	Farglory F T Z Investment Holding Co. Ltd.		386,957		912,753
	Farglory Land Development Co. Ltd.		878,000		1,755,619
*	Federal Corp.		1,194,238		797,761
#	Feedback Technology Corp.		119,200		416,106
	Feng Hsin Steel Co. Ltd.		1,642,100		3,637,227
#	Firich Enterprises Co. Ltd.		206,325		192,874
	First Hi-Tec Enterprise Co. Ltd.		256,580		547,976
	First Hotel		713,350		348,443
#	First Insurance Co. Ltd.		900,179		460,066
*	First Steamship Co. Ltd.		2,334,612		700,297
	FIT Holding Co. Ltd.		485,456		605,670
	Fitipower Integrated Technology, Inc.		258,000		1,335,211
	Fittech Co. Ltd.		121,000		342,832
	FLEXium Interconnect, Inc.		1,135,087		3,498,867
	Flytech Technology Co. Ltd.		369,309		851,503
#	FOCI Fiber Optic Communications, Inc.		213,000		269,242
	Force Mos Technology Ltd.		26,000		50,868
	Forcecon Tech Co. Ltd.		62,000		138,795
#	Forest Water Environment Engineering Co. Ltd.		168,132		163,524
#	Formosa Advanced Technologies Co. Ltd.		589,000		832,481
	Formosa International Hotels Corp.		223,329		2,006,532
	Formosa Laboratories, Inc.		363,089		984,981
	Formosa Oilseed Processing Co. Ltd.		222,567		435,759
	Formosa Optical Technology Co. Ltd.		137,000		292,084
#	Formosa Taffeta Co. Ltd.		1,429,000		1,317,611
	Formosan Rubber Group, Inc.		869,952		620,736
	Formosan Union Chemical		1,117,733		969,787
#	Founding Construction & Development Co. Ltd.		663,623		401,098
	Foxsemicon Integrated Technology, Inc.		248,027		1,515,063
	Franbo Lines Corp.		48,481		29,928
#	Froch Enterprise Co. Ltd.		581,189		420,526
	FSP Technology, Inc.		560,427		911,206
#	Fulgent Sun International Holding Co. Ltd.		443,748		1,781,282
	Fullerton Technology Co. Ltd.		391,600		244,171
#	Fulltech Fiber Glass Corp.		1,335,996		512,215
	Fusheng Precision Co. Ltd.		251,000		1,767,455
#	Fwusow Industry Co. Ltd.		752,138		520,974
#	G Shank Enterprise Co. Ltd.		574,281		990,579
	Gallant Precision Machining Co. Ltd.		133,000		123,250
	Gamania Digital Entertainment Co. Ltd.		416,000		1,000,510
# *	GCS Holdings, Inc.		299,000		324,067
#	GEM Services, Inc.		213,570		507,679
	Gemtek Technology Corp.		1,413,219		1,429,388
	General Interface Solution Holding Ltd.		857,000		2,223,486
	General Plastic Industrial Co. Ltd.		275,357		301,672
#	Generalplus Technology, Inc.		195,000		354,816
#	GeneReach Biotechnology Corp.		47,300		89,409
#	Genesys Logic, Inc.		290,000		1,023,463
#	Genius Electronic Optical Co. Ltd.		253,917		3,081,267
#	Genmont Biotech, Inc.		220,000		177,595
	Genovate Biotechnology Co. Ltd.		15,000		14,325
	GeoVision, Inc.		251,096		305,672
	Getac Holdings Corp.		1,489,360		2,856,703
#	GFC Ltd.		229,600		553,723
# *	Giantplus Technology Co. Ltd.		1,008,900		449,545
*	Gigasolar Materials Corp.		77,400		265,611

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
# *	Gigastorage Corp.		458,965	$	285,793
	Global Brands Manufacture Ltd.		957,730		1,056,932
	Global Lighting Technologies, Inc.		284,000		512,496
	Global Mixed Mode Technology, Inc.		222,000		1,313,782
#	Global PMX Co. Ltd.		179,000		818,767
*	Globe Union Industrial Corp.		989,230		467,288
#	Gloria Material Technology Corp.		1,197,547		2,300,104
	GMI Technology, Inc.		16,000		11,094
#	Gold Circuit Electronics Ltd.		1,158,104		3,730,766
	Goldsun Building Materials Co. Ltd.		3,254,587		2,970,575
#	Good Will Instrument Co. Ltd.		238,869		276,301
#	Gordon Auto Body Parts		391,000		302,745
	Gourmet Master Co. Ltd.		311,000		1,577,791
	Grand Fortune Securities Co. Ltd.		1,067,683		408,010
*	Grand Ocean Retail Group Ltd.		304,000		151,704
#	Grand Pacific Petrochemical		3,461,000		2,286,155
#	Grand Process Technology Corp.		81,000		883,392
#	GrandTech CG Systems, Inc.		204,797		467,790
	Grape King Bio Ltd.		415,000		2,474,165
	Great China Metal Industry		605,000		498,164
	Great Taipei Gas Co. Ltd.		1,444,000		1,491,512
	Great Tree Pharmacy Co. Ltd.		155,044		2,045,475
	Great Wall Enterprise Co. Ltd.		2,343,001		3,918,222
	Greatek Electronics, Inc.		1,027,000		1,805,077
* ††	Green Energy Technology, Inc.		1,570,850		0
	Green World FinTech Service Co. Ltd.		14,700		233,119
#	GTM Holdings Corp.		431,150		401,679
	Gudeng Precision Industrial Co. Ltd.		124,000		1,413,453
#	Hannstar Board Corp.		1,312,954		1,626,807
*	HannStar Display Corp.		5,875,505		2,342,590
	HannsTouch Solution, Inc.		1,930,782		633,041
#	Hanpin Electron Co. Ltd.		248,000		246,148
	Harvatek Corp.		562,949		469,665
	Heran Co. Ltd.		6,000		21,310
	Hey Song Corp.		1,478,750		1,749,668
#	Hi-Clearance, Inc.		106,290		500,129
#	Highlight Tech Corp.		321,281		567,326
	Hi-Lai Foods Co. Ltd.		5,000		23,869
	HIM International Music, Inc.		60,710		178,589
	Hiroca Holdings Ltd.		211,448		305,044
#	Hitron Technology, Inc.		472,557		401,368
	Hiyes International Co. Ltd.		16,700		36,851
	Ho Tung Chemical Corp.		3,178,684		964,344
#	Hocheng Corp.		851,734		774,261
#	Hold-Key Electric Wire & Cable Co. Ltd.		164,726		100,819
	Holiday Entertainment Co. Ltd.		234,430		517,435
	Holtek Semiconductor, Inc.		659,000		1,477,710
	Holy Stone Enterprise Co. Ltd.		514,910		1,711,895
*	Hong Pu Real Estate Development Co. Ltd.		756,185		603,187
	Hong TAI Electric Industrial		887,000		600,469
	Hong YI Fiber Industry Co.		440,652		253,198
#	Horizon Securities Co. Ltd.		1,136,320		357,936
	Hota Industrial Manufacturing Co. Ltd.		224,299		516,566
	Hotai Finance Co. Ltd.		272,000		1,174,461
*	Hotron Precision Electronic Industrial Co. Ltd.		73,464		90,624
#	Hsin Kuang Steel Co. Ltd.		419,000		667,907
	Hsin Yung Chien Co. Ltd.		157,255		512,146
	Hsing TA Cement Co.		488,162		282,877
# *	HTC Corp.		1,916,000		3,556,081

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Hu Lane Associate, Inc.		276,737	$	1,239,433
	HUA ENG Wire & Cable Co. Ltd.		1,201,565		643,015
	Hua Yu Lien Development Co. Ltd.		63,000		117,592
	Huaku Development Co. Ltd.		869,816		2,681,137
	Huang Hsiang Construction Corp.		205,800		311,536
	Hung Ching Development & Construction Co. Ltd.		598,000		433,610
	Hung Sheng Construction Ltd.		1,281,251		951,182
	Huxen Corp.		119,244		206,441
	Hwa Fong Rubber Industrial Co. Ltd.		823,812		383,814
	Hwacom Systems, Inc.		362,000		289,016
	Hycon Technology Corp.		16,000		28,404
	Ibase Technology, Inc.		132,000		324,899
#	IBF Financial Holdings Co. Ltd.		8,929,826		3,588,757
	IC Plus Corp.		56,000		84,242
#	Ichia Technologies, Inc.		869,000		803,727
#	I-Chiun Precision Industry Co. Ltd.		681,567		656,808
*	Ideal Bike Corp.		53,000		20,849
#	IEI Integration Corp.		466,832		1,204,841
	Inergy Technology, Inc.		11,000		23,720
	Infortrend Technology, Inc.		778,163		690,870
#	Info-Tek Corp.		236,000		420,214
#	Ingentec Corp.		48,410		272,397
#	Innodisk Corp.		263,447		2,567,310
	Inpaq Technology Co. Ltd.		349,950		647,452
#	Insyde Software Corp.		97,000		401,800
#	Intai Technology Corp.		135,400		574,798
#	Integrated Service Technology, Inc.		215,326		584,445
	IntelliEPI, Inc.		97,000		211,027
	International CSRC Investment Holdings Co.		2,681,363		1,748,009
	Iron Force Industrial Co. Ltd.		155,393		415,748
#	I-Sheng Electric Wire & Cable Co. Ltd.		489,000		731,424
	ITE Technology, Inc.		502,095		1,450,666
	ITEQ Corp.		766,040		1,749,014
	Jarllytec Co. Ltd.		193,000		446,477
	Jentech Precision Industrial Co. Ltd.		227,745		3,386,914
	Jess-Link Products Co. Ltd.		338,925		586,023
	Jetwell Computer Co. Ltd.		10,000		21,995
	Jia Wei Lifestyle, Inc.		37,000		81,425
#	Jih Lin Technology Co. Ltd.		213,000		545,653
	Jiin Yeeh Ding Enterprise Co. Ltd.		27,200		36,860
#	Jinan Acetate Chemical Co. Ltd.		64,564		991,922
*	Jinli Group Holdings Ltd.		258,681		87,635
	Joinsoon Electronics Manufacturing Co. Ltd.		30,000		20,934
#	Jourdeness Group Ltd.		137,000		416,725
	JPP Holding Co. Ltd.		14,000		57,050
#	K Laser Technology, Inc.		586,000		456,483
	Kaimei Electronic Corp.		336,183		758,494
#	Kaori Heat Treatment Co. Ltd.		304,197		1,973,597
#	Kaulin Manufacturing Co. Ltd.		442,330		207,530
	Kedge Construction Co. Ltd.		15,000		34,704
	Keding Enterprises Co. Ltd.		5,000		20,993
	KEE TAI Properties Co. Ltd.		1,306,473		572,385
	Kenda Rubber Industrial Co. Ltd.		1,785,845		1,815,990
#	Kenmec Mechanical Engineering Co. Ltd.		687,000		711,871
	Kerry TJ Logistics Co. Ltd.		732,000		916,103
# *	Key Ware Electronics Co. Ltd.		302,194		110,285
	Keystone Microtech Corp.		34,000		214,556
	Kindom Development Co. Ltd.		1,280,900		1,239,715
	King Chou Marine Technology Co. Ltd.		234,920		311,890

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	King Slide Works Co. Ltd.		184,000	$	2,478,183
	King Yuan Electronics Co. Ltd.		3,664,979		5,624,824
	King’s Town Bank Co. Ltd.		2,946,701		3,382,737
*	King’s Town Construction Co. Ltd.		333,074		347,141
#	Kinik Co.		318,000		1,149,463
	Kinko Optical Co. Ltd.		541,103		557,620
#	Kinpo Electronics		3,841,157		1,649,368
#	Kinsus Interconnect Technology Corp.		845,000		3,058,463
	KMC Kuei Meng International, Inc.		205,253		969,986
#	KNH Enterprise Co. Ltd.		589,020		348,304
	Ko Ja Cayman Co. Ltd.		13,000		20,371
#	KS Terminals, Inc.		421,482		1,045,212
	Kung Long Batteries Industrial Co. Ltd.		254,000		1,190,943
*	Kung Sing Engineering Corp.		1,616,290		417,704
	Kuo Toong International Co. Ltd.		719,648		655,290
*	Kuo Yang Construction Co. Ltd.		729,899		434,291
	Kwong Fong Industries Corp.		352,691		134,456
	Kwong Lung Enterprise Co. Ltd.		304,000		526,923
#	KYE Systems Corp.		772,672		265,830
	L&K Engineering Co. Ltd.		635,048		939,453
#	La Kaffa International Co. Ltd.		80,701		443,157
	LAN FA Textile		805,933		236,716
	Land Mark Optoelectronics Corp.		293,300		966,803
	Lanner Electronics, Inc.		278,916		932,753
	Laser Tek Taiwan Co. Ltd.		254,128		227,777
	Laster Tech Corp. Ltd.		83,091		104,045
*	Leader Electronics, Inc.		290,000		225,608
	Leadtrend Technology Corp.		101,652		192,131
#	Lealea Enterprise Co. Ltd.		2,401,892		842,420
*	Leatec Fine Ceramics Co. Ltd.		23,000		17,222
#	LEE CHI Enterprises Co. Ltd.		648,000		400,863
	Lelon Electronics Corp.		317,327		671,413
	Lemtech Holdings Co. Ltd.		108,055		244,720
*	Leofoo Development Co. Ltd.		93,278		55,543
# *	Li Cheng Enterprise Co. Ltd.		306,108		242,752
*	Li Peng Enterprise Co. Ltd.		1,735,897		457,378
	Lian HWA Food Corp.		303,993		901,709
	Lida Holdings Ltd.		257,400		273,220
	Ligitek Electronics Co. Ltd.		44,000		32,469
	Lingsen Precision Industries Ltd.		1,273,506		593,133
	Lintes Technology Co. Ltd.		16,000		74,692
	Liton Technology Corp.		89,000		114,265
*	Long Bon International Co. Ltd.		694,274		390,018
	Longchen Paper & Packaging Co. Ltd.		2,617,637		1,468,417
	Longwell Co.		347,000		691,356
#	Lu Hai Holding Corp.		196,102		200,995
	Lucky Cement Corp.		540,000		283,313
	Lumax International Corp. Ltd.		303,832		709,325
	Lung Yen Life Service Corp.		564,000		688,617
	Luxe Green Energy Technology Co. Ltd.		23,540		32,302
#	M31 Technology Corp.		58,000		1,058,440
	Macauto Industrial Co. Ltd.		189,000		440,688
	Machvision, Inc.		146,398		881,753
	Macroblock, Inc.		75,000		276,643
	Makalot Industrial Co. Ltd.		679,481		4,934,903
#	Marketech International Corp.		227,000		961,247
#	Materials Analysis Technology, Inc.		179,041		1,106,478
	Mayer Steel Pipe Corp.		538,567		409,254
	Maywufa Co. Ltd.		69,322		48,311

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Mechema Chemicals International Corp.		194,000	$	641,187
*	Medigen Biotechnology Corp.		128,000		143,139
	Meiloon Industrial Co.		266,184		178,712
	Mercuries & Associates Holding Ltd.		1,446,486		713,839
*	Mercuries Life Insurance Co. Ltd.		8,332,240		1,428,533
	Merida Industry Co. Ltd.		290,000		1,623,987
	Merry Electronics Co. Ltd.		520,914		1,463,589
	METAAGE Corp.		81,000		130,451
	Mildef Crete, Inc.		193,000		324,569
#	MIN AIK Technology Co. Ltd.		491,452		278,440
#	Mirle Automation Corp.		602,098		740,503
	Mitac Holdings Corp.		3,232,918		2,992,219
#	Mobiletron Electronics Co. Ltd.		203,800		379,431
	MOSA Industrial Corp.		163,391		128,271
	Mosel Vitelic, Inc.		141,000		191,898
	MPI Corp.		298,000		1,250,033
	MSSCORPS Co. Ltd.		62,000		307,373
	Nak Sealing Technologies Corp.		188,954		860,348
#	Namchow Holdings Co. Ltd.		581,000		907,730
	Nan Liu Enterprise Co. Ltd.		123,000		323,443
	Nan Pao Resins Chemical Co. Ltd.		25,000		120,580
# *	Nan Ren Lake Leisure Amusement Co. Ltd.		576,317		218,594
#	Nang Kuang Pharmaceutical Co. Ltd.		226,000		593,660
	Nantex Industry Co. Ltd.		927,606		1,193,739
	National Aerospace Fasteners Corp.		89,000		313,519
#	National Petroleum Co. Ltd.		227,824		442,053
#	Netronix, Inc.		224,000		704,378
	New Best Wire Industrial Co. Ltd.		195,600		225,120
*	New Era Electronics Co. Ltd.		210,000		124,194
*	Newmax Technology Co. Ltd.		148,000		139,206
#	Nexcom International Co. Ltd.		477,094		607,615
	Nichidenbo Corp.		656,417		1,223,702
	Nidec Chaun-Choung Technology Corp.		110,000		578,451
	Nien Hsing Textile Co. Ltd.		458,345		341,871
#	Niko Semiconductor Co. Ltd.		190,000		340,046
	Nishoku Technology, Inc.		132,400		387,399
	Nova Technology Corp.		84,000		273,764
	Nuvoton Technology Corp.		202,000		880,123
	O-Bank Co. Ltd.		2,588,071		864,933
#	Ocean Plastics Co. Ltd.		764,200		853,976
	OFCO Industrial Corp.		56,000		49,275
	OK Biotech Co. Ltd.		182,527		201,924
*	Optimax Technology Corp.		37,000		21,942
	Orient Europharma Co. Ltd.		139,000		166,744
	Orient Semiconductor Electronics Ltd.		1,061,599		678,108
	Oriental Union Chemical Corp.		2,033,267		1,386,259
#	O-TA Precision Industry Co. Ltd.		222,227		866,354
	Pacific Construction Co.		1,300,921		396,679
	Pacific Hospital Supply Co. Ltd.		255,209		713,143
	Paiho Shih Holdings Corp.		458,365		383,069
	Pan German Universal Motors Ltd.		16,000		154,798
	Pan Jit International, Inc.		1,042,486		2,231,250
	Pan-International Industrial Corp.		1,409,747		1,731,488
#	Panion & BF Biotech, Inc.		203,449		1,075,738
	Paragon Technologies Co. Ltd.		163,246		171,314
	Parpro Corp.		208,000		239,646
#	PChome Online, Inc.		366,000		683,261
#	PCL Technologies, Inc.		197,400		689,694
#	P-Duke Technology Co. Ltd.		214,633		618,223

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Pegavision Corp.		104,000	$	1,475,115
* ††	Pharmally International Holding Co. Ltd.		441,605		0
#	Phoenix Silicon International Corp.		335,160		628,048
*	Phytohealth Corp.		161,000		111,803
	Pixart Imaging, Inc.		517,150		1,744,936
	Planet Technology Corp.		160,000		664,569
#	Plastron Precision Co. Ltd.		523,460		339,791
	Plotech Co. Ltd.		343,800		206,110
	Polytronics Technology Corp.		253,124		518,062
#	Posiflex Technology, Inc.		70,457		244,041
#	Power Wind Health Industry, Inc.		119,314		587,148
	Powertip Technology Corp.		58,000		34,757
	Poya International Co. Ltd.		163,409		3,058,533
	President Securities Corp.		2,818,193		1,529,285
	Primax Electronics Ltd.		1,333,000		2,608,679
#	Prince Housing & Development Corp.		3,787,644		1,480,639
#	Pro Hawk Corp.		87,000		413,318
* ††	Prodisc Technology, Inc.		1,707,199		0
*	Prolific Technology, Inc.		21,000		17,859
	Promate Electronic Co. Ltd.		622,000		841,677
#	Prosperity Dielectrics Co. Ltd.		366,559		464,132
	Qisda Corp.		2,842,900		3,207,786
#	QST International Corp.		206,600		441,168
	Qualipoly Chemical Corp.		308,048		354,105
#	Quang Viet Enterprise Co. Ltd.		154,000		577,409
	Quanta Storage, Inc.		725,000		1,272,784
#	Quintain Steel Co. Ltd.		845,692		488,471
	Radiant Opto-Electronics Corp.		1,381,000		5,088,589
	Radium Life Tech Co. Ltd.		2,412,242		722,900
#	Rafael Microelectronics, Inc.		111,821		604,828
	Raydium Semiconductor Corp.		166,000		2,067,875
# *	RDC Semiconductor Co. Ltd.		138,000		745,505
	Rechi Precision Co. Ltd.		1,229,181		715,263
#	Rexon Industrial Corp. Ltd.		418,000		404,518
	Rich Development Co. Ltd.		2,360,036		736,535
*	Ritek Corp.		2,460,867		726,575
* ††	Roo Hsing Co. Ltd.		1,926,000		68,601
#	Ruentex Engineering & Construction Co.		206,540		807,590
	Run Long Construction Co. Ltd.		28,563		69,760
	Sakura Development Co. Ltd.		173,000		211,199
	Sampo Corp.		1,267,861		1,086,092
#	San Fang Chemical Industry Co. Ltd.		805,647		548,425
#	San Far Property Ltd.		626,510		294,907
	San Fu Chemical Co. Ltd.		69,000		308,043
	San Shing Fastech Corp.		445,875		760,790
	Sanitar Co. Ltd.		212,000		265,811
	Sanyang Motor Co. Ltd.		1,623,628		2,899,433
*	Savior Lifetec Corp.		220,000		131,734
#	Scientech Corp.		230,000		675,544
	ScinoPharm Taiwan Ltd.		333,000		308,257
	SDI Corp.		427,000		1,683,599
	Sea Sonic Electronics Co. Ltd.		87,000		198,692
	Securitag Assembly Group Co.		37,000		199,110
#	Senao International Co. Ltd.		335,541		381,402
	Senao Networks, Inc.		106,000		987,951
#	Sensortek Technology Corp.		62,000		676,461
#	Sercomm Corp.		818,000		2,193,395
#	Sesoda Corp.		616,803		832,954
	Shane Global Holding, Inc.		6,000		14,890

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Shan-Loong Transportation Co. Ltd.		291,000	$	306,927
	Sharehope Medicine Co. Ltd.		294,572		389,986
	Sheng Yu Steel Co. Ltd.		470,980		395,789
#	ShenMao Technology, Inc.		355,891		557,568
	Shieh Yih Machinery Industry Co. Ltd.		166,000		62,727
	Shih Her Technologies, Inc.		173,000		333,243
	Shih Wei Navigation Co. Ltd.		926,690		760,537
	Shihlin Electric & Engineering Corp.		1,406,000		4,610,212
	Shin Foong Specialty & Applied Materials Co. Ltd.		28,000		55,131
	Shin Hai Gas Corp.		1,245		2,107
	Shin Hsiung Natural Gas Co. Ltd.		28,850		66,296
	Shin Ruenn Development Co. Ltd.		53,000		75,551
	Shin Zu Shing Co. Ltd.		598,943		1,706,967
	Shinih Enterprise Co. Ltd.		71,000		47,138
*	Shining Building Business Co. Ltd.		1,570,814		494,258
#	Shinkong Insurance Co. Ltd.		695,131		1,164,308
#	Shinkong Synthetic Fibers Corp.		4,285,395		2,459,192
	Shinkong Textile Co. Ltd.		788,542		1,039,993
#	Shiny Chemical Industrial Co. Ltd.		394,467		1,661,057
	ShunSin Technology Holding Ltd.		47,000		124,701
# *	Shuttle, Inc.		1,355,152		559,989
#	Sigurd Microelectronics Corp.		1,496,907		2,545,675
	Silicon Integrated Systems Corp.		292,000		167,035
	Silicon Optronics, Inc.		21,000		54,595
	Simplo Technology Co. Ltd.		213,000		2,138,213
	Sincere Navigation Corp.		1,154,139		849,305
	Singatron Enterprise Co. Ltd.		55,000		41,108
	Single Well Industrial Corp.		79,224		69,454
#	Sinher Technology, Inc.		213,000		263,030
#	Sinmag Equipment Corp.		169,056		578,331
	Sinon Corp.		1,362,510		1,646,012
#	Sinopower Semiconductor, Inc.		35,000		120,110
#	Sinphar Pharmaceutical Co. Ltd.		223,938		237,755
	Sinyi Realty, Inc.		854,660		808,848
	Sirtec International Co. Ltd.		325,600		228,961
	Sitronix Technology Corp.		385,879		2,873,487
#	Siward Crystal Technology Co. Ltd.		530,000		650,257
	Soft-World International Corp.		262,000		803,156
#	Solar Applied Materials Technology Corp.		1,574,372		1,868,438
#	Solomon Technology Corp.		420,000		461,658
	Solteam, Inc.		233,607		356,931
	Sonix Technology Co. Ltd.		591,000		958,391
#	Southeast Cement Co. Ltd.		579,700		346,544
#	Speed Tech Corp.		394,000		683,055
	Spirox Corp.		298,824		272,810
	Sporton International, Inc.		252,601		2,178,641
	Sports Gear Co. Ltd.		46,000		103,676
	St Shine Optical Co. Ltd.		179,000		1,454,449
	Standard Chemical & Pharmaceutical Co. Ltd.		337,571		838,343
	Standard Foods Corp.		749,000		985,298
#	Stark Technology, Inc.		377,688		1,249,429
*	STL Technology Co. Ltd.		29,000		42,395
#	Sun Race Sturmey-Archer, Inc.		37,000		48,244
*	Sun Yad Construction Co. Ltd.		193,725		85,001
	Sunjuice Holdings Co. Ltd.		16,000		160,650
# *	Sunko INK Co. Ltd.		483,400		277,946
	SunMax Biotechnology Co. Ltd.		94,000		843,681
	Sunny Friend Environmental Technology Co. Ltd.		225,000		1,162,532
#	Sunonwealth Electric Machine Industry Co. Ltd.		664,487		1,139,898

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Sunplus Innovation Technology, Inc.		19,000	$	54,409
#	Sunplus Technology Co. Ltd.		1,763,000		1,365,721
	Sunrex Technology Corp.		298,612		433,431
	Sunspring Metal Corp.		391,069		285,506
	Superior Plating Technology Co. Ltd.		7,000		13,922
	Supreme Electronics Co. Ltd.		1,558,602		2,206,106
	Swancor Holding Co. Ltd.		120,000		395,555
#	Sweeten Real Estate Development Co. Ltd.		687,465		600,749
#	Symtek Automation Asia Co. Ltd.		206,069		753,548
	Syncmold Enterprise Corp.		401,750		780,901
	Syngen Biotech Co. Ltd.		17,000		105,809
	Syscom Computer Engineering Co.		54,000		128,969
*	Sysgration		177,000		249,368
	Systex Corp.		556,388		1,478,844
#	T3EX Global Holdings Corp.		224,000		563,020
	Ta Liang Technology Co. Ltd.		171,000		235,964
#	Ta Ya Electric Wire & Cable		2,427,007		2,172,264
#	Ta Yih Industrial Co. Ltd.		106,000		130,532
	Tah Hsin Industrial Corp.		221,092		503,035
	TAI Roun Products Co. Ltd.		201,000		105,526
	TA-I Technology Co. Ltd.		397,788		619,412
*	Tai Tung Communication Co. Ltd.		391,267		197,845
	Taichung Commercial Bank Co. Ltd.		16,106,397		7,396,120
#	TaiDoc Technology Corp.		192,470		1,154,281
#	Taiflex Scientific Co. Ltd.		657,340		899,148
#	Taimide Tech, Inc.		385,262		421,553
	Tainan Enterprises Co. Ltd.		263,370		195,325
#	Tainan Spinning Co. Ltd.		4,077,044		2,247,564
	Tai-Saw Technology Co. Ltd.		235,120		220,884
	TaiSol Electronics Co. Ltd.		88,000		137,288
#	Taisun Enterprise Co. Ltd.		229,648		219,669
	Taita Chemical Co. Ltd.		948,828		653,274
	TAI-TECH Advanced Electronics Co. Ltd.		68,000		228,668
	Taiwan Chinsan Electronic Industrial Co. Ltd.		427,113		523,592
	Taiwan Cogeneration Corp.		1,313,566		2,076,462
*	Taiwan Environment Scientific Co. Ltd.		21,000		43,761
	Taiwan FamilyMart Co. Ltd.		22,000		150,262
	Taiwan Fertilizer Co. Ltd.		675,000		1,299,719
	Taiwan Fire & Marine Insurance Co. Ltd.		961,338		665,034
	Taiwan FU Hsing Industrial Co. Ltd.		620,000		876,304
	Taiwan Glass Industry Corp.		293,000		194,072
	Taiwan Hon Chuan Enterprise Co. Ltd.		885,468		2,883,850
	Taiwan Hopax Chemicals Manufacturing Co. Ltd.		590,120		859,533
* ††	Taiwan Kolin Co. Ltd.		1,356,000		0
††	Taiwan Land Development Corp.		2,845,991		46,519
#	Taiwan Line Tek Electronic		144,185		157,120
	Taiwan Mask Corp.		436,000		1,141,647
	Taiwan Navigation Co. Ltd.		730,777		751,715
	Taiwan Paiho Ltd.		930,287		1,692,678
	Taiwan PCB Techvest Co. Ltd.		979,238		1,307,096
#	Taiwan Sakura Corp.		715,803		1,500,419
	Taiwan Sanyo Electric Co. Ltd.		417,400		502,928
	Taiwan Secom Co. Ltd.		345,000		1,219,007
	Taiwan Semiconductor Co. Ltd.		816,000		2,449,532
	Taiwan Shin Kong Security Co. Ltd.		1,307,577		1,751,048
	Taiwan Steel Union Co. Ltd.		18,000		52,772
	Taiwan Styrene Monomer		1,843,209		1,009,224
	Taiwan Surface Mounting Technology Corp.		882,388		2,839,570
#	Taiwan Taxi Co. Ltd.		81,888		321,156

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
# *	Taiwan TEA Corp.		1,930,897	$	1,440,989
#	Taiwan Union Technology Corp.		893,000		1,934,357
	Taiwan-Asia Semiconductor Corp.		1,097,804		1,258,638
	Taiyen Biotech Co. Ltd.		383,883		418,000
#	TCI Co. Ltd.		275,746		1,863,472
	Te Chang Construction Co. Ltd.		258,206		305,365
	Team Group, Inc.		151,400		335,666
#	Tehmag Foods Corp.		116,380		1,037,022
	Ten Ren Tea Co. Ltd.		140,980		156,930
	Tera Autotech Corp.		91,885		113,504
	Test Research, Inc.		562,820		1,180,008
#	Test Rite International Co. Ltd.		1,117,495		752,860
*	Tex-Ray Industrial Co. Ltd.		311,000		116,432
	Thermaltake Technology Co. Ltd.		35,000		46,589
#	Thinking Electronic Industrial Co. Ltd.		257,204		1,235,895
	Thye Ming Industrial Co. Ltd.		391,135		571,484
	Ting Sin Co. Ltd.		158,324		54,173
	Tofu Restaurant Co. Ltd.		6,000		48,622
	Ton Yi Industrial Corp.		2,548,644		1,726,049
	Tong Hsing Electronic Industries Ltd.		446,678		2,477,790
	Tong Yang Industry Co. Ltd.		1,236,741		1,922,720
	Tong-Tai Machine & Tool Co. Ltd.		769,892		432,605
	Top Union Electronics Corp.		126,960		173,313
	Topco Scientific Co. Ltd.		563,087		3,425,099
#	Topco Technologies Corp.		182,720		442,183
	Topkey Corp.		235,000		1,541,381
#	Topoint Technology Co. Ltd.		428,898		404,995
	Toung Loong Textile Manufacturing		353,940		324,281
#	TPK Holding Co. Ltd.		1,347,000		1,642,062
#	Trade-Van Information Services Co.		255,000		513,838
	Transart Graphics Co. Ltd.		18,000		33,880
	Transcend Information, Inc.		731,000		1,690,959
	Transcom, Inc.		53,000		341,902
	Tripod Technology Corp.		387,000		1,450,726
*	TrueLight Corp.		37,000		28,029
#	Tsang Yow Industrial Co. Ltd.		239,000		184,106
	Tsann Kuen Enterprise Co. Ltd.		206,059		279,646
	TSC Auto ID Technology Co. Ltd.		98,470		752,016
	TSRC Corp.		1,921,200		1,738,946
	Ttet Union Corp.		153,000		746,981
	TTFB Co. Ltd.		47,340		357,818
#	TTY Biopharm Co. Ltd.		815,979		2,042,644
#	Tung Ho Steel Enterprise Corp.		1,665,630		3,132,447
#	Tung Thih Electronic Co. Ltd.		232,000		1,070,209
	Turvo International Co. Ltd.		131,922		496,712
	TXC Corp.		1,004,053		2,791,105
#	TYC Brother Industrial Co. Ltd.		848,980		818,365
*	Tycoons Group Enterprise.		1,695,767		538,598
	Tyntek Corp.		1,029,039		609,683
	UDE Corp.		251,000		311,259
	Ultra Chip, Inc.		166,000		566,396
	U-Ming Marine Transport Corp.		1,101,000		1,955,964
	Unictron Technologies Corp.		23,000		63,148
#	Union Bank Of Taiwan.		7,590,772		3,982,111
	Unitech Computer Co. Ltd.		341,804		382,526
*	Unitech Printed Circuit Board Corp.		2,033,648		1,192,685
	United Integrated Services Co. Ltd.		576,951		4,077,261
*	United Orthopedic Corp.		291,935		597,842
	United Radiant Technology		366,000		276,405

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	United Recommend International Co. Ltd.		56,350	$	173,893
*	United Renewable Energy Co. Ltd.		2,217,437		1,501,560
* ††	Unity Opto Technology Co. Ltd.		2,760,500		0
	Univacco Technology, Inc.		32,000		28,914
	Universal Cement Corp.		1,620,433		1,493,868
*	Universal Microelectronics Co. Ltd.		69,000		87,189
	Universal Vision Biotechnology Co. Ltd.		124,200		1,626,079
	Unizyx Holding Corp.		979,225		1,318,816
	UPC Technology Corp.		2,788,124		1,359,555
	Userjoy Technology Co. Ltd.		190,587		502,832
	USI Corp.		2,776,156		2,309,192
*	Usun Technology Co. Ltd.		209,200		224,933
#	Utechzone Co. Ltd.		189,000		547,365
	UVAT Technology Co. Ltd.		55,000		100,359
	Value Valves Co. Ltd.		7,000		21,971
	Ve Wong Corp.		556,696		691,929
#	Ventec International Group Co. Ltd.		223,000		599,976
	VIA Labs, Inc.		50,000		333,285
*	Victory New Materials Ltd. Co.		327,832		120,684
#	Viking Tech Corp.		140,000		340,775
	Visual Photonics Epitaxy Co. Ltd.		522,772		1,648,744
#	Vivotek, Inc.		127,704		849,091
	Wafer Works Corp.		1,610,251		2,274,590
#	Waffer Technology Corp.		319,512		1,001,090
	Wah Hong Industrial Corp.		144,021		143,248
	Wah Lee Industrial Corp.		598,300		1,701,611
	Walsin Technology Corp.		741,000		2,309,919
#	Walton Advanced Engineering, Inc.		1,075,197		473,952
	WAN HWA Enterprise Co.		401,238		163,955
	We & Win Development Co. Ltd.		161,000		36,412
	We&Win Diversification Co. Ltd.		95,000		50,154
#	WEI Chih Steel Industrial Co. Ltd.		26,000		22,333
	Wei Chuan Foods Corp.		1,258,000		821,791
	Weikeng Industrial Co. Ltd.		1,320,459		1,287,500
	Well Shin Technology Co. Ltd.		319,000		577,876
#	WELLELL, Inc.		220,500		228,537
	Weltrend Semiconductor		39,000		60,969
# *	Wha Yu Industrial Co. Ltd.		328,000		219,320
	Wholetech System Hitech Ltd.		207,000		351,999
	Winmate, Inc.		130,000		465,711
#	Winstek Semiconductor Co. Ltd.		234,000		436,906
* ††	Wintek Corp.		5,447,000		0
#	WinWay Technology Co. Ltd.		50,000		1,165,421
#	Wisdom Marine Lines Co. Ltd.		1,396,241		2,922,585
	Wistron Information Technology & Services Corp.		44,000		176,094
	Wistron NeWeb Corp.		960,155		2,896,155
*	Wowprime Corp.		225,000		2,327,437
	WT Microelectronics Co. Ltd.		1,071,450		2,320,156
	WUS Printed Circuit Co. Ltd.		599,737		558,400
	XAC Automation Corp.		302,000		255,388
	XinTec, Inc.		459,000		1,469,996
	X-Legend Entertainment Co. Ltd.		48,000		70,454
	Xxentria Technology Materials Corp.		487,207		1,058,684
	Yankey Engineering Co. Ltd.		51,000		473,759
	YC INOX Co. Ltd.		1,267,609		1,207,216
	YCC Parts Manufacturing Co. Ltd.		79,000		112,847
#	Yea Shin International Development Co. Ltd.		675,103		604,088
#	Yem Chio Co. Ltd.		1,684,518		941,379
	Yen Sun Technology Corp.		15,000		16,998

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Yeong Guan Energy Technology Group Co. Ltd.		279,987	$	720,020
	YFC-Boneagle Electric Co. Ltd.		374,687		346,371
	YFY, Inc.		1,527,212		1,533,863
	Yi Jinn Industrial Co. Ltd.		669,284		406,728
	Yi Shin Textile Industrial Co. Ltd.		28,000		31,287
#	Yieh Phui Enterprise Co. Ltd.		3,414,651		1,694,203
#	Yonyu Plastics Co. Ltd.		279,600		300,514
	Young Fast Optoelectronics Co. Ltd.		335,872		333,960
#	Youngtek Electronics Corp.		408,666		862,142
	Yuanta Futures Co. Ltd.		342,827		573,342
	Yuen Chang Stainless Steel Co. Ltd.		60,000		38,585
	Yuen Foong Yu Consumer Products Co. Ltd.		140,000		175,521
	Yung Chi Paint & Varnish Manufacturing Co. Ltd.		250,869		606,601
	Yungshin Construction & Development Co. Ltd.		377,000		789,134
	YungShin Global Holding Corp.		758,015		1,140,060
	Yusin Holding Corp.		25,721		93,081
	Zeng Hsing Industrial Co. Ltd.		225,726		819,700
#	Zenitron Corp.		654,000		687,218
	Zero One Technology Co. Ltd.		522,226		992,576
*	Zhong Yang Technology Co. Ltd.		7,819		10,268
#	Zig Sheng Industrial Co. Ltd.		1,265,732		427,377
# *	Zinwell Corp.		1,080,586		680,428
	Zippy Technology Corp.		409,948		596,156
	ZongTai Real Estate Development Co. Ltd.		594,686		958,357
TOTAL TAIWAN					728,111,990
THAILAND — (2.2%)
	AAPICO Hitech PCL, NVDR		44,370		41,580
	AAPICO Hitech PCL		802,032		751,593
	Absolute Clean Energy PCL		5,527,500		323,743
	Advanced Information Technology PCL, Class F		4,783,300		721,400
*	After You PCL		945,700		293,562
	AJ Plast PCL		662,588		201,799
	Allianz Ayudhya Capital PCL		195,200		220,081
*	Alpha Divisions PCL, Class F		426,400		13,736
	Alucon PCL		2,200		11,758
	Amanah Leasing PCL		1,775,700		183,043
	Amata Corp. PCL		2,937,310		2,004,226
*	Ananda Development PCL		5,952,500		203,951
	AP Thailand PCL		5,423,716		2,001,283
*	Aqua Corp. PCL		1,423,200		22,089
	Asia Plus Group Holdings PCL		8,200,500		653,206
	Asia Sermkij Leasing PCL, NVDR		1,307,600		1,062,622
	Asian Insulators PCL		1,590,850		260,891
	Asian Sea Corp. PCL, Class F.		832,100		255,862
	Asiasoft Corp. PCL		673,200		289,803
*	Bangkok Airways PCL		2,724,600		1,061,196
	Bangkok Insurance PCL		198,381		1,661,526
	Bangkok Land PCL		49,104,170		1,337,342
*	Bangkok Ranch PCL		1,634,700		138,828
	BCPG PCL		2,919,000		833,450
	BEC World PCL		2,293,448		523,871
*	Better World Green PCL		12,323,400		285,101
	BG Container Glass PCL		596,800		172,150
	Bluebik Group PCL		9,100		25,250
*	Bound & Beyond PCL		74,300		32,638
	Business Online PCL		436,400		127,799
	Cal-Comp Electronics Thailand PCL, Class F		13,538,452		808,798
	CH Karnchang PCL		3,441,500		2,126,529

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
	Charoong Thai Wire & Cable PCL, Class F		726,000	$	115,871
	Chayo Group PCL		59,355		12,602
	Chularat Hospital PCL, Class F		2,878,600		295,046
	CIMB Thai Bank PCL		7,467,800		170,580
	CK Power PCL		3,695,200		413,373
	Communication & System Solution PCL		1,235,900		50,308
*	Country Group Development PCL		14,802,500		164,725
*	Country Group Holdings PCL, Class F		1,480,600		34,254
*	Demco PCL		607,800		88,996
	Dhipaya Group Holdings PCL		2,171,100		2,463,727
	Diamond Building Products PCL		166,700		37,834
	Do Day Dream PCL		340,400		132,581
	Don Muang Tollway PCL		31,200		11,421
	Dynasty Ceramic PCL		14,836,380		981,923
	Eastern Polymer Group PCL, Class F		3,322,300		724,830
*	Eastern Power Group PCL		461,008		42,392
	Eastern Water Resources Development & Management PCL, Class F		2,421,400		351,714
	Ekachai Medical Care PCL		964,704		230,246
	Exotic Food PCL, Class F		382,700		143,453
	Forth Corp. PCL		397,300		322,866
	Forth Smart Service PCL		844,800		227,606
	Fortune Parts Industry PCL, Class F		230,000		16,435
	GFPT PCL		1,709,700		535,729
	Global Green Chemicals PCL, Class F		1,314,600		496,620
*	Green Tech Ventures PCL, Class F		13,259,934		104,845
* ††	Group Lease PCL, NVDR		1,644,700		5,871
	Haad Thip PCL		285,700		278,191
	Hwa Fong Rubber Thailand PCL		407,600		62,666
*	I&I Group PCL		20,530		18,638
	ICC International PCL		204,600		208,210
	Ichitan Group PCL		1,493,100		555,308
	Index Livingmall PCL		395,300		239,628
	Infraset PCL		164,200		11,348
	Interlink Communication PCL		794,300		158,174
*	Interlink Telecom PCL		3,053,400		268,254
*	IT City PCL		152,900		15,134
*	Italian-Thai Development PCL		16,433,427		673,748
* ††	ITV PLC		2,785,600		0
	JAS Asset PCL, Class F		208,000		18,274
*	Jasmine International PCL		11,956,600		651,271
	Jaymart Group Holdings PCL		722,200		418,759
	Jubilee Enterprise PCL		341,300		246,873
	Kang Yong Electric PCL		6,000		52,010
	Karmarts PCL		1,756,900		421,893
	KGI Securities Thailand PCL		403,100		53,357
	Khon Kaen Sugar Industry PCL		6,254,237		633,711
	Ladprao General Hospital PCL, Class F		60,100		9,856
	Lalin Property PCL		495,500		126,242
	Lam Soon Thailand PCL		1,074,700		151,696
	Lanna Resources PCL		609,350		258,747
	Lee Feed Mill PCL		67,000		4,434
	LH Financial Group PCL		27,752,539		869,616
*	Loxley PCL		6,581,976		383,575
	LPN Development PCL		4,393,202		589,234
	Major Cineplex Group PCL		696,600		330,476
*	Master Ad PCL		3,883,000		56,856
	MBK PCL		3,689,454		1,555,843
	MC Group PCL		783,000		233,885
*	MCOT PCL		658,800		82,187

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
	MCS Steel PCL		1,579,400	$	402,395
*	MDX PCL		108,900		12,119
	Mega Lifesciences PCL		508,500		610,543
*	Millcon Steel PCL		5,433,354		84,331
	Modernform Group PCL		2,003,800		178,389
*	Mono Next PCL		1,413,700		51,750
	Muang Thai Insurance PCL		61,288		206,402
	Namyong Terminal PCL		1,737,000		200,418
*	Nawarat Patanakarn PCL		2,977,100		57,541
	Netbay PCL		393,700		255,953
	Noble Development PCL		2,319,300		332,808
	Nonthavej Hospital PCL		3,300		3,841
	Northeast Rubber PCL		3,670,000		530,926
	NR Instant Produce PCL		71,400		11,500
*	Nusasiri PCL		4,052,100		115,105
	Origin Property PCL, Class F		2,597,250		897,505
*	Pacific Pipe PCL		192,400		16,565
	PCS Machine Group Holding PCL		1,196,800		175,240
	Plan B Media PCL, Class F		5,881,856		1,403,825
*	Platinum Group PCL, Class F		3,236,300		329,814
	Polyplex Thailand PCL		993,050		474,023
*	Power Solution Technologies PCL, Class F		5,710,720		232,459
	Praram 9 Hospital PCL		377,100		215,344
	Precious Shipping PCL		2,496,200		906,446
	Premier Marketing PCL		1,413,900		347,808
	Prima Marine PCL		3,997,000		719,864
*	Principal Capital PCL		1,537,400		215,207
	Property Perfect PCL		30,025,746		342,925
	Pruksa Holding PCL		2,868,300		1,041,567
	PTG Energy PCL		2,976,400		1,185,417
	Pylon PCL		1,089,900		125,116
	Quality Houses PCL		27,896,326		1,927,969
	R&B Food Supply PCL		703,800		216,411
	Rabbit Holdings PCL, Class F		61,335,531		1,329,183
*	Raimon Land PCL		9,678,200		184,225
	Rajthanee Hospital PCL		505,200		421,647
	Ratchaphruek Hospital PCL, Class F		146,400		25,081
	Ratchthani Leasing PCL		7,260,155		773,906
	Regional Container Lines PCL		1,040,500		737,392
	Rojana Industrial Park PCL		3,049,854		558,213
*	RPCG Pcl		1,542,900		35,243
	RS PCL		2,093,080		894,911
	S 11 Group PCL		1,380,900		204,218
*	S Hotels & Resorts PCL		4,313,700		439,613
	S Kijchai Enterprise PCL, Class F		168,900		23,643
	Sabina PCL		845,800		693,532
	Saha Pathana Inter-Holding PCL		692,300		1,338,072
	Sahakol Equipment PCL		2,553,800		121,155
	Sahamitr Pressure Container PCL		728,400		236,774
	Saha-Union PCL		753,300		634,230
*	Samart Corp. PCL		2,062,200		240,356
	Samart Telcoms PCL		721,200		86,593
	Sansiri PCL		38,320,310		2,132,179
	Sappe PCL		444,800		810,859
	SC Asset Corp. PCL		5,380,715		683,866
	SCG Ceramics PCL		2,696,100		162,646
	SCGJWD Logistics PCL		1,260,700		664,546
*	SEAFCO PCL		2,160,702		225,261
	Sena Development PCL		2,107,633		213,556

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
*	SENA J Property PCL		835,300	$	22,749
	Sermsang Power Corp. Co. Ltd.		1,717,188		460,129
*	Seven Utilities & Power PLC		430,300		7,435
*	Siam Wellness Group PCL, Class F		110,300		35,854
	Siamgas & Petrochemicals PCL		2,078,300		532,546
	Siamrajathanee PCL		123,680		33,141
	Sikarin PCL, Class F		65,000		17,227
*	Simat Technologies PCL		1,166,200		73,085
	Singha Estate PCL		11,739,354		556,930
	Sino-Thai Engineering & Construction PCL		3,490,213		1,185,635
	SiS Distribution Thailand PCL		36,100		21,989
	SISB PCL		289,400		275,437
* ††	SMI Holdings Group Ltd.		6,033,814		0
	SNC Former PCL		651,700		257,646
	Somboon Advance Technology PCL		884,037		510,009
	SPCG PCL		1,937,400		720,550
	Sri Trang Agro-Industry PCL		2,624,200		1,513,925
	Sri Trang Gloves Thailand PCL		1,727,700		460,416
	Srinanaporn Marketing PCL		246,700		169,777
	Sriracha Construction PCL		59,800		13,660
	Srisawad Capital 1969 PCL, Class F		239,700		198,302
	Srithai Superware PCL		4,401,700		181,753
	Srivichai Vejvivat PCL		997,700		249,808
	Starflex PCL		849,700		82,612
*	STARK Corp. PCL		5,331,900		371,621
	Stars Microelectronics Thailand PCL		1,023,800		122,925
*	STP & I PCL		4,616,764		543,507
	Super Energy Corp. PCL		50,114,591		880,555
	Susco PCL		1,816,400		179,792
	SVI PCL		1,049,400		291,948
	Synnex Thailand PCL		681,540		257,467
	Syntec Construction PCL		4,670,200		225,663
	TAC Consumer PCL, Class F		1,360,600		223,131
	Taokaenoi Food & Marketing PCL, Class F		1,930,780		523,017
	Tata Steel Thailand PCL		1,198,700		36,859
	Thai Nakarin Hospital PCL		348,500		372,509
*	Thai Reinsurance PCL		8,213,800		242,944
	Thai Rubber Latex Group PCL		1,217,800		66,690
	Thai Solar Energy PCL, Class F		3,485,274		212,296
	Thai Stanley Electric PCL, Class F		141,000		749,440
	Thai Vegetable Oil PCL		1,901,982		1,462,099
	Thai Wacoal PCL		78,000		91,368
	Thai Wah PCL, Class F		1,671,200		223,169
	Thaicom PCL		1,812,700		637,013
	Thaifoods Group PCL, Class F		3,785,600		570,930
	Thaire Life Assurance PCL, Class F		2,249,500		305,665
	Thaivivat Insurance PCL		151,400		43,229
	Thitikorn PCL		694,300		146,393
	Thoresen Thai Agencies PCL		3,678,754		775,665
	Tipco Asphalt PCL		2,277,200		1,340,412
	TIPCO Foods PCL		1,106,482		288,387
	TKS Technologies PCL		834,515		238,276
	TMT Steel PCL		964,000		214,552
*	Tong Hua Holding PCL		216,000		9,298
	TPC Power Holding PCL, Class F		841,800		166,400
	TPI Polene PCL		22,840,400		1,003,312
	TPI Polene Power PCL		9,262,400		900,539
	TQM Alpha PCL		824,323		615,572
	Triple i Logistics PCL		346,753		125,917

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
*	Triton Holding PCL		8,152,600	$	33,425
*	TTCL PCL		824,440		97,057
	TTW PCL		2,935,800		743,676
	Union Auction PCL		788,500		210,128
*	Unique Engineering & Construction PCL		2,628,670		281,746
	United Paper PCL		1,084,800		381,217
	Univanich Palm Oil PCL		2,156,800		467,394
	Univentures PCL		822,400		62,618
	Vanachai Group PCL		1,592,659		222,942
	Vinythai PCL		12,200		3,274
	WHA Utilities & Power PCL		4,704,800		512,537
	WICE Logistics PCL		1,071,600		263,605
	Workpoint Entertainment PCL		779,240		367,399
*	Xspring Capital PCL		4,754,600		146,199
	YGGDRAZIL Group PCL		273,500		56,867
*	Ziga Innovation PCL		797,100		49,020
TOTAL THAILAND					90,101,353
TURKEY — (1.3%)
	Adese Alisveris Merkezleri Ticaret AS		872,218		56,532
	Afyon Cimento Sanayi TAS		570,356		225,343
	Agesa Hayat ve Emeklilik AS		119,451		181,261
	Akcansa Cimento AS		88,933		295,801
	Aksa Akrilik Kimya Sanayii AS		411,222		1,387,831
*	Aksigorta AS		1,034,244		151,062
	Alarko Carrier Sanayii VE Ticaret AS		898		20,042
*	Albaraka Turk Katilim Bankasi AS		3,650,381		488,566
	Alkim Alkali Kimya AS		167,845		237,813
*	Anadolu Anonim Turk Sigorta Sirketi.		656,269		606,748
	Anadolu Hayat Emeklilik AS		193,776		149,296
	ARD Grup Bilisim Teknolojileri AS		44,447		16,307
*	Aydem Yenilenebilir Enerji AS, Class A		1,143,704		770,604
	Ayen Enerji AS		36,027		43,398
	Aygaz AS		201,864		675,310
*	Bagfas Bandirma Gubre Fabrikalari AS		135,351		167,821
*	Banvit Bandirma Vitaminli Yem Sanayii AS		5,411		20,198
*	Baticim Bati Anadolu Cimento Sanayii AS		125,204		210,900
#	Bera Holding AS		1,894,026		989,711
*	Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS		156,505		95,012
*	Biotrend Cevre VE Enerji Yatirimlari AS		312,767		238,031
*	Bizim Toptan Satis Magazalari AS		75,491		94,246
	Bogazici Beton Sanayi Ve Ticaret AS		136,016		126,562
*	Borusan Mannesmann Boru Sanayi ve Ticaret AS		90,214		553,404
	Borusan Yatirim ve Pazarlama AS		11,550		507,057
	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		34,460		76,859
*	Bursa Cimento Fabrikasi AS		1,486,443		405,312
	Celebi Hava Servisi AS		3,152		73,236
*	Cemas Dokum Sanayi AS		742,431		61,491
	Cemtas Celik Makina Sanayi Ve Ticaret AS		90,042		181,753
	Cimsa Cimento Sanayi VE Ticaret AS		166,702		727,191
	Deva Holding AS		73,348		147,178
	Dogan Sirketler Grubu Holding AS		3,314,069		1,460,520
*	Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS		491,010		157,148
	Eczacibasi Yatirim Holding Ortakligi AS		32,206		218,967
	EGE Endustri VE Ticaret AS		3,087		721,147
	EGE Gubre Sanayii AS		22,299		79,116
	EGE Seramik Sanayi ve Ticaret AS		15,257		22,022
	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		488,985		744,764
	Erbosan Erciyas Boru Sanayii ve Ticaret AS		41,114		249,589

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TURKEY — (Continued)
	Escar Turizm Tasimacilik Ticaret AS		2,422	$	10,143
	Esenboga Elektrik Uretim AS		21,525		59,087
	Europap Tezol Kagit Sanayi VE Ticaret AS		49,038		49,173
# *	Fenerbahce Futbol AS		90,646		240,884
	Galata Wind Enerji AS		113,261		91,253
	GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret AS		85,462		196,066
*	Global Yatirim Holding AS		1,317,033		511,029
	Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS		9,887		59,315
*	Goodyear Lastikleri TAS		243,750		175,433
*	Gozde Girisim Sermayesi Yatirim Ortakligi AS		647,008		422,877
	GSD Holding AS		1,243,611		170,236
	Hitit Bilgisayar Hizmetleri AS		6,525		9,722
*	Ihlas Haber Ajansi AS		4,831		42,606
*	Ihlas Holding AS		830,357		32,454
	Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS		398,289		364,374
# *	Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS		280,064		359,485
*	Is Finansal Kiralama AS		878,921		251,661
	Is Yatirim Menkul Degerler AS, Class A		394,002		890,138
*	Ittifak Holding A.S		180,102		29,550
*	Izmir Demir Celik Sanayi AS		1,712,192		417,250
	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class A		755,481		567,461
	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class B		258,839		183,269
*	Karel Elektronik Sanayi ve Ticaret AS		202,529		167,410
*	Karsan Otomotiv Sanayii Ve Ticaret AS		833,293		364,455
	Kartonsan Karton Sanayi ve Ticaret AS		32,600		109,894
*	Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS		1,422,185		81,949
*	Kerevitas Gida Sanayi ve Ticaret AS		480,207		225,898
	Kervan Gida Sanayi Ve Ticaret AS		165,075		128,131
*	Konya Cimento Sanayii AS		1,744		255,337
	Konya Kagit Sanayi VE Ticaret AS		9,409		15,305
#	Kordsa Teknik Tekstil AS		175,250		580,418
*	Koza Anadolu Metal Madencilik Isletmeleri AS		668,239		1,218,086
*	Kristal Kola ve Mesrubat Sanayi Ticaret AS		159,306		66,989
	Logo Yazilim Sanayi Ve Ticaret AS		211,326		647,062
W	Mavi Giyim Sanayi Ve Ticaret AS, Class B		248,822		1,342,104
*	Menderes Tekstil Sanayi ve Ticaret AS		60,026		21,493
*	Migros Ticaret AS		300,655		2,697,537
* W	MLP Saglik Hizmetleri AS		311,376		1,057,851
*	Mondi Tire Kutsan Kagit Ve Ambalaj Sanayii AS		16,126		11,892
*	NET Holding AS		569,393		299,923
*	Netas Telekomunikasyon AS		110,964		176,987
	Nuh Cimento Sanayi AS		230,473		1,529,871
# *	ODAS Elektrik Uretim ve Sanayi Ticaret AS		2,728,715		836,856
	Otokar Otomotiv Ve Savunma Sanayi AS		23,109		998,617
*	Oyak Cimento Fabrikalari AS		537,603		835,022
	Oyak Yatirim Menkul Degerler AS		21,949		41,805
*	Pamukova Yenilenebilir Elektrik Uretim AS		10,543		112,381
*	Parsan Makina Parcalari Sanayii AS		60,935		176,230
*	Peker Gayrimenkul Yatirim Ortakligi AS		878,951		254,073
	Penta Teknoloji Urunleri Dagitim Ticaret AS		12,641		9,686
	Pinar SUT Mamulleri Sanayii AS		6,855		17,359
	Polisan Holding AS		443,358		231,476
*	Reysas Tasimacilik ve Lojistik Ticaret AS		704,352		1,028,963
	Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS		1,296,283		1,938,298
*	Sasa Polyester Sanayi AS		1,429,621		7,332,093
#	Sekerbank Turk AS		3,368,091		383,601
	Selcuk Ecza Deposu Ticaret ve Sanayi AS		376,098		587,893
*	Sok Marketler Ticaret AS		827,810		1,415,234
	Tat Gida Sanayi AS		237,110		241,093

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TURKEY — (Continued)
#	Tekfen Holding AS		574,499	$	851,533
*	Teknosa Ic Ve Dis Ticaret AS		425,506		358,839
*	Tukas Gida Sanayi ve Ticaret AS		396,967		270,579
*	Tumosan Motor ve Traktor Sanayi AS		44,303		102,940
# *	Turcas Petrol AS		410,905		269,555
	Turk Prysmian Kablo ve Sistemleri AS		40,924		50,641
	Turk Traktor ve Ziraat Makineleri AS		12,796		367,277
	Turkiye Sigorta AS		228,371		110,926
*	Turkiye Sinai Kalkinma Bankasi AS		3,818,978		773,732
*	Ulker Biskuvi Sanayi AS		381,623		589,035
	Vestel Beyaz Esya Sanayi ve Ticaret AS		909,845		495,389
*	Vestel Elektronik Sanayi ve Ticaret AS		304,127		646,858
	Yatas Yatak ve Yorgan Sanayi ve Ticaret AS		341,276		542,116
	Ziraat Gayrimenkul Yatirim Ortakligi AS		1,119,525		227,500
*	Zorlu Enerji Elektrik Uretim AS		2,360,245		538,211
TOTAL TURKEY					52,403,018
UNITED ARAB EMIRATES — (1.1%)
	Abu Dhabi Islamic Bank PJSC		3,212,096		9,951,306
	Abu Dhabi National Hotels		18,337		22,251
	Abu Dhabi National Insurance Co. PSC		107,433		163,314
	Abu Dhabi Ship Building Co. PJSC		238,479		265,604
	Agthia Group PJSC		796,531		1,002,880
	Air Arabia PJSC		6,762,401		4,040,100
*	Ajman Bank PJSC		2,954,256		1,320,811
*	AL Seer Marine Supplies & Equipment Co. LLC		168,717		352,830
	AL Yah Satellite Communications Co-PJSC-Yah Sat		641,197		449,083
	Aldar Properties PJSC		952,004		1,404,193
	Amanat Holdings PJSC		2,935,423		720,208
*	Amlak Finance PJSC		1,835,160		424,121
*	Apex Investment Co. PSC		2,794,387		1,494,944
* ††	Arabtec Holding PJSC		2,783,626		0
	Aramex PJSC		2,357,072		2,098,813
*	Arkan Building Materials Co.		4,820,397		2,029,313
	Dana Gas PJSC		9,912,098		2,416,152
*	Deyaar Development PJSC		4,117,636		596,636
	Dubai Financial Market PJSC		4,790,465		1,965,085
	Dubai Investments PJSC		5,040,102		3,370,180
	Emaar Development PJSC		2,805,393		4,231,776
	Emirates Integrated Telecommunications Co. PJSC		475,358		654,439
*	Eshraq Investments PJSC		5,787,994		800,670
	Fertiglobe PLC		2,334,916		2,445,386
*	Ghitha Holding PJSC		986		11,414
*	Gulf Navigation Holding PJSC		2,073,309		672,232
*	Gulf Pharmaceutical Industries PSC		67,736		17,940
	Islamic Arab Insurance Co.		1,099,997		193,324
*	Manazel PJSC		3,884,347		403,126
*	Palms Sports PrJSC		50,999		137,558
*	RAK Properties PJSC		3,056,361		516,841
	Ras Al Khaimah Ceramics		794,984		567,120
*	SHUAA Capital PSC		2,640,311		251,094
*	Union Properties PJSC		5,648,835		398,401
TOTAL UNITED ARAB EMIRATES					45,389,145
UNITED STATES — (0.0%)
* ††	Rexlot Holdings		98,652,252		0
TOTAL COMMON STOCKS					3,939,873,241

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
PREFERRED STOCKS — (0.7%)
BRAZIL — (0.7%)
*	Alpargatas SA		301,776	$	448,326
	Banco ABC Brasil SA		321,270		1,076,955
W	Banco BMG SA		228,449		95,267
	Banco do Estado do Rio Grande do Sul SA Class B		717,561		1,530,705
	Banco Pan SA		820,952		882,213
	Centrais Eletricas de Santa Catarina SA		59,700		598,939
	Cia de Ferro Ligas da Bahia FERBASA		172,103		1,776,997
	Cia de Saneamento do Parana		4,294,927		3,289,350
	Cia Energetica do Ceara Class A		95,539		957,727
	Cia Paranaense de Energia		2,481,095		3,989,410
	CTEEP-Cia de Transmissao de Energia Eletrica Paulista		549,278		2,538,365
	Eucatex SA Industria e Comercio		206,578		358,254
	Grazziotin SA		12,400		71,151
	Marcopolo SA		1,801,511		1,296,649
	Randon SA Implementos e Participacoes		606,987		1,005,195
	Schulz SA		355,700		312,355
	Taurus Armas SA		172,874		592,675
	Track & Field Co. SA		144,600		298,025
	Unipar Carbocloro SA Class B		265,449		3,472,580
	Usinas Siderurgicas de Minas Gerais SA Usiminas Class A		1,414,621		2,042,037
TOTAL BRAZIL					26,633,175
CHILE — (0.0%)
	Coca-Cola Embonor SA Class B		598,934		840,733
	Embotelladora Andina SA Class B		112,369		281,490
TOTAL CHILE					1,122,223
COLOMBIA — (0.0%)
	Grupo Aval Acciones y Valores SA		472,331		59,117
INDIA — (0.0%)
	Sundaram-Clayton Ltd.		12,682,280		526,903
PHILIPPINES — (0.0%)
	Cebu Air, Inc., 6.000%		554,839		387,092
TOTAL PREFERRED STOCKS					28,728,510
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*	3R Petroleum Oleo E Gas SA Rights 05/22/23		79,463		122,354
*	Localiza Rent a Car SA Rights 05/11/23		26		90
*	Meliuz SA Rights 05/25/23		10,193		1,185
TOTAL BRAZIL					123,629
HONG KONG — (0.0%)
*	Xinyi Energy Holdings Ltd. Rights 05/23/23		585,592		0
KUWAIT — (0.0%)
*	Arabi Group Holding KSC Rights 05/01/23		72,750		23,740
TAIWAN — (0.0%)
*	Taiwan Cogeneration Corp. Rights 04/19/23		178,398		105,556
THAILAND — (0.0%)
*	Bangkok Ranch PCL Warrants 09/01/26		36,600		289

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
*	Better World Green PCL Warrants 03/13/24		2,335,734	$	0
TOTAL THAILAND					289
TOTAL RIGHTS/WARRANTS					253,214
MUTUAL FUNDS — (0.0%)
UNITED STATES — (0.0%)
	BRPR Corporate Offices Fundo de Investimento Imobiliario		16,276		191,780
TOTAL INVESTMENT SECURITIES (Cost $3,636,646,675)					3,969,046,745
				Value†
SECURITIES LENDING COLLATERAL — (1.1%)
@ §	The DFA Short Term Investment Fund		3,653,595		42,261,132
TOTAL INVESTMENTS — (100.0%) (Cost $3,678,907,115)				$	4,011,307,877

ADR American Depositary Receipt

GDR Global Depositary Receipt

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

# Total or Partial Securities on Loan.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

As of April 30, 2023, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		573		06/16/23	$	27,777,580	$	28,197,330	$	419,750
Total Futures Contracts					$	27,777,580	$	28,197,330	$	419,750

Summary of the Series’ investments as of April 30, 2023, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	167,299,404	$	4,867,804		—	$	172,167,208
Chile		1,816,610		27,918,432		—		29,735,042
China		39,337,413		947,540,805	$	6,305,108		993,183,326
Colombia		2,868,141		553,044		—		3,421,185
Greece		119,795		15,725,977		—		15,845,772
Hong Kong		5,687		157,203		—		162,890
Hungary		—		1,542,255		—		1,542,255
India		630,314		660,956,241		8,551		661,595,106

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Indonesia	$	2,700,738	$	74,307,822	$	347,638		$	77,356,198
Kuwait		4,007,921		293,362		—			4,301,283
Malaysia		—		63,002,024		—			63,002,024
Mexico		119,107,675		5,522,951		—			124,630,626
Philippines		—		43,418,501		503,538			43,922,039
Poland		—		46,283,629		—			46,283,629
Qatar		—		28,125,020		—			28,125,020
Saudi Arabia		617,681		164,795,256		—			165,412,937
South Africa		8,351,832		119,215,368		—			127,567,200
South Korea		685,547		462,650,817		2,277,631			465,613,995
Taiwan		—		727,996,870		115,120			728,111,990
Thailand		85,702,455		4,393,027		5,871			90,101,353
Turkey		—		52,403,018		—			52,403,018
United Arab Emirates		—		45,389,145		—			45,389,145
Preferred Stocks
Brazil		26,537,908		95,267		—			26,633,175
Chile		—		1,122,223		—			1,122,223
Colombia		59,117		—		—			59,117
India		—		526,903		—			526,903
Philippines		—		387,092		—			387,092
Rights/Warrants
Brazil		—		123,629		—			123,629
Kuwait		—		23,740		—			23,740
Taiwan		—		105,556		—			105,556
Thailand		—		289		—			289
Mutual Funds		191,780		—		—			191,780
Securities Lending Collateral		—		42,261,132		—			42,261,132
Futures Contracts**		419,750		—		—			419,750
TOTAL	$	460,459,768	$	3,541,704,402	$	9,563,457	^	$	4,011,727,627

** Valued at the unrealized appreciation/(depreciation) on the investment.

^ A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

(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 Co-Principal Executive Officers 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 Co-Principal Executive Officers 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 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. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 13. 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.

The DFA Investment Trust Company
By:	/s/ David P. Butler
	David P. Butler
	Co-Chief Executive Officer
Date:	July 6, 2023
By:	/s/ Gerard K. O’Reilly
	Gerard K. O’Reilly
	Co-Chief Executive Officer and
	Chief Investment Officer
Date:	July 6, 2023

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 P. Butler
	David P. Butler
	Co-Principal Executive Officer
	The DFA Investment Trust Company
Date:	July 6, 2023
By:	/s/ Gerard K. O’Reilly
	Gerard K. O’Reilly
	Co-Principal Executive Officer
	The DFA Investment Trust Company
Date:	July 6, 2023

By:	/s/ Jan Miller
	Jan Miller
	Principal Financial Officer
	The DFA Investment Trust Company
Date:	July 6, 2023