Dimensional Emerging Markets Value Fund 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 811-7440

DIMENSIONAL EMERGING MARKETS VALUE FUND

(Exact name of registrant as specified in charter)

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

(Address of principal executive offices) (Zip code)

Catherine L. Newell, Esquire, Vice President and Secretary

Dimensional Emerging Markets Value Fund,

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

(Name and address of agent for service)

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

Date of fiscal year end: October 31

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

ITEM 1. REPORTS TO STOCKHOLDERS.

Dimensional Fund Advisors

6300 Bee Cave Road, Building One

Austin, TX 78746

June 2010

Dear Fellow Shareholder,

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

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

Sincerely,

David G. Booth

Chairman and Chief Executive Officer

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SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

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

i

Table of Contents

Continued

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

ii

Table of Contents

Continued

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

iii

Table of Contents

Continued

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

iv

Table of Contents

Continued

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

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

v

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DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DIMENSIONAL EMERGING MARKETS VALUE FUND

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations
ADR	American Depositary Receipt
FHLMC	Federal Home Loan Mortgage Corporation
FNMA	Federal National Mortgage Association
P.L.C.	Public Limited Company
REIT	Real Estate Investment Trust
SPDR	Standard & Poor’s Depository Receipts
Investment Footnotes
†	See Note B to Financial Statements.
††	Securities have generally been fair valued. See Note B to Financial Statements.
**	Calculated as a percentage of total net assets. Percentages shown parenthetically next to the
	category headings have been calculated as a percentage of total investments. “Other Securities”
	are those securities that are not among the top 50 holdings of the Fund or do not represent more
	than 1.0% of the net assets of the Fund. Some of the individual securities within this category may
	include Total or Partial Securities on Loan and/or Non-Income Producing Securities.
*	Non-Income Producing Securities.
#	Total or Partial Securities on Loan.
^	Denominated in local currency or the Euro, unless otherwise noted.
@	Security purchased with cash proceeds from Securities on Loan.
(r)	The adjustable rate shown is effective as of April 30, 2010.
(y)	The rate shown is the effective yield.
(v)	The variable rate shown is effective as of April 30, 2010.
(g)	Face Amount denominated in British Pounds.
(e)	Face Amount denominated in Euro.
(u)	Face Amount denominated in United States Dollars.
v	Security segregated as collateral for the Open Futures Contracts.
Financial Highlights
(A)	Computed using average shares outstanding.
(B)	Annualized
(C)	Non-Annualized
(D)	Represents the combined ratios for the respective portfolio and its respective pro-rata share of its
	Master Fund Series.
(E)	Because of commencement of operations and related preliminary transaction costs, these ratios
	are not necessarily indicative of future ratios.

1

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

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

2

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended April 30, 2010

EXPENSE TABLES

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

3

DISCLOSURE OF FUND EXPENSES

CONTINUED

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

4

DISCLOSURE OF FUND EXPENSES

CONTINUED

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

5

DISCLOSURE OF FUND EXPENSES

CONTINUED

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

6

DISCLOSURE OF FUND EXPENSES

CONTINUED

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

* Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) to reflect the six-month period.

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

*** The Portfolio is a Fund of Funds. The expenses shown reflect the direct expenses of the Fund of Funds and the indirect payment of the Fund of Funds’ portion of the expenses of its Master Funds (Affiliated Investment Companies).

7

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-Q with the SEC on March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

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

The fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

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

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

FEEDER FUNDS

	Affiliated Investment Companies
U.S. Large Cap Value Portfolio	100.0%
Japanese Small Company Portfolio	100.0%
Asia Pacific Small Company Portfolio	100.0%
United Kingdom Small Company Portfolio	100.0%
Continental Small Company Portfolio	100.0%
Emerging Markets Portfolio	100.0%
Emerging Markets Small Cap Portfolio	100.0%
FUND OF FUNDS
International Small Company Portfolio	100.0%
DFA Global Real Estate Securities Portfolio	100.0%

8

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

FIXED INCOME PORTFOLIO

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

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

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

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

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

9

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

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

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

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

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

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

10

ENHANCED U.S. LARGE COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

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

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

11

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

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

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

12

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

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

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

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

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

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

See accompanying Notes to Financial Statements.

13

U.S. LARGE CAP VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

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

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

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

See accompanying Notes to Financial Statements.

14

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

15

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

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

16

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

17

U.S. SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

18

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

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

19

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

20

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

21

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

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

22

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

23

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

24

U.S.CORE EQUITY 2PORTFOLIO

CONTINUED

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

25

U.S.CORE EQUITY 2PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

26

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

27

U.S.VECTOR EQUITY PORTFOLIO

CONTINUED

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

28

U.S.VECTOR EQUITY PORTFOLIO

CONTINUED

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

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

See accompanying Notes to Financial Statements.

29

U.S. SMALL CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

30

U.S.SMALL CAP PORTFOLIO

CONTINUED

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

31

U.S.SMALL CAP PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

32

U.S. MICRO CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

33

U.S.MICRO CAP PORTFOLIO

CONTINUED

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

34

U.S.MICRO CAP PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

35

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

36

DFAREAL ESTATE SECURITIES PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

37

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

38

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

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

39

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

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

40

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

41

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

42

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

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

43

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

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

44

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

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

45

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

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

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

See accompanying Notes to Financial Statements.

46

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

INTERNATIONAL SMALL COMPANY PORTFOLIO

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

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

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

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

See accompanying Notes to Financial Statements.

47

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

JAPANESE SMALL COMPANY PORTFOLIO

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

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

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

ASIA PACIFIC SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company	$	117,639,151
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY   (Cost $98,962,981)	$	117,639,151

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

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

See accompanying Notes to Financial Statements.

48

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

UNITED KINGDOM SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company	$	30,035,602
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY   (Cost $29,235,649)	$	30,035,602

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

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

CONTINENTAL SMALL COMPANY PORTFOLIO

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

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

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

See accompanying Notes to Financial Statements.

49

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

50

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

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

51

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

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

52

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

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

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

See accompanying Notes to Financial Statements.

53

DFA GLOBAL REAL ESATE SECURITIES PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

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

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

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

54

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

55

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

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

56

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

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

57

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

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

58

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

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

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

See accompanying Notes to Financial Statements.

59

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

60

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

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

61

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

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

62

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

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

63

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

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

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

See accompanying Notes to Financial Statements.

64

SCHEDULES OF INVESTMENTS

April 30, 2010

(Unaudited)

EMERGING MARKETS PORTFOLIO

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

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

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

EMERGING MARKETS SMALL CAP PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company	$	1,403,317,270
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $991,218,120)	$	1,403,317,270

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

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

See accompanying Notes to Financial Statements.

65

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

66

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CONTINUED

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

67

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

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

68

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

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

69

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

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

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

70

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

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

See accompanying Notes to Financial Statements.

71

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

72

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

73

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

74

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

75

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

76

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

77

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

78

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

79

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

80

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

81

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

82

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

83

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

84

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

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

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

See accompanying Notes to Financial Statements.

85

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

86

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

87

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

88

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

89

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

* See Note M in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

90

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

** Represents the combined ratios for the respective portfolio and for the period November 1, 2008 through February 27, 2009, its respective pro-rata share of its Master Fund Series.

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

See accompanying Notes to Financial Statements.

91

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

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

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

See accompanying Notes to Financial Statements.

92

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

** Represents the combined ratios for the respective portfolio and for the period November 1, 2008 through February 27, 2009, its respective pro-rata share of its Master Fund Series.

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

See accompanying Notes to Financial Statements.

93

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

See accompanying Notes to Financial Statements.

94

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Vector Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 30, 2005(a) to Nov. 30, 2006
	(Unaudited)
Net Asset Value, Beginning of Period	$	8.03		$	7.48		$	11.38		$	11.79		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.04	(A)		0.11	(A)		0.15	(A)		0.16	(A)		0.13	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		2.09			0.57			(3.89	)		(0.25	)		1.73
Total From Investment Operations		2.13			0.68			(3.74	)	��	(0.09	)		1.86
Less Distributions
Net Investment Income		(0.05	)		(0.13	)		(0.16	)		(0.14	)		(0.07	)
Net Realized Gains		—			—			—			(0.18	)		—
Total Distributions		(0.05	)		(0.13	)		(0.16	)		(0.32	)		(0.07	)
Net Asset Value, End of Period	$	10.11		$	8.03		$	7.48		$	11.38		$	11.79
Total Return		26.59	%(C)		9.47	%		(33.29	)%(C)		(0.87	)%		18.65	%(C)
Net Assets, End of Period (thousands)	$	1,551,122		$	1,178,114		$	850,623		$	959,742		$	403,312
Ratio of Expenses to Average Net Assets		0.34	%(B)		0.35	%		0.34	%(B)		0.34	%		0.36	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.34	%(B)		0.35	%		0.34	%(B)		0.33	%		0.39	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.00	%(B)		1.60	%		1.66	%(B)		1.29	%		1.24	%(B)(E)
Portfolio Turnover Rate		5	%(C)		11	%		11	%(C)		14	%		24	%(C)

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

See accompanying Notes to Financial Statements.

95

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

** Represents the combined ratios for the respective portfolio and for the period November 1, 2008 through February 27, 2009, its respective pro-rata share of its Master Fund Series.

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

See accompanying Notes to Financial Statements.

96

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

See accompanying Notes to Financial Statements.

97

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

98

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

See accompanying Notes to Financial Statements.

99

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

100

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

See accompanying Notes to Financial Statements.

101

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

102

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

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

See accompanying Notes to Financial Statements.

103

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

	Emerging Markets Core Equity Portfolio
	Six Months Ended April 30, 2010			Year Ended Oct. 31, 2009			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period April 5, 2005(a) to Nov. 30, 2005
	(Unaudited)
Net Asset Value, Beginning of Period	$	16.49		$	9.88		$	21.20		$	15.13		$	11.54		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.10	(A)		0.25	(A)		0.43	(A)		0.35	(A)		0.27	(A)		0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		2.58			6.56			(11.27	)		6.10			3.54			1.51
Total From Investment Operations		2.68			6.81			(10.84	)		6.45			3.81			1.61
Less Distributions
Net Investment Income		(0.08	)		(0.20	)		(0.40	)		(0.32	)		(0.22	)		(0.07	)
Net Realized Gains		—			—			(0.08	)		(0.06	)		—			—
Total Distributions		(0.08	)		(0.20	)		(0.48	)		(0.38	)		(0.22	)		(0.07	)
Net Asset Value, End of Period	$	19.09		$	16.49		$	9.88		$	21.20		$	15.13		$	11.54
Total Return		16.28	%(C)		69.47	%		(51.93	)%(C)		43.20	%		33.39	%		16.12	%(C)
Net Assets, End of Period (thousands)	$	3,286,284		$	2,455,035		$	1,155,526		$	1,829,466		$	822,136		$	218,563
Ratio of Expenses to Average Net Assets		0.64	%(B)		0.67	%		0.65	%(B)		0.65	%		0.74	%		1.00	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.64	%(B)		0.67	%		0.65	%(B)		0.65	%		0.72	%		1.09	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.11	%(B)		2.03	%		2.62	%(B)		1.87	%		2.02	%		1.79	%(B)(E)
Portfolio Turnover Rate		2	%(C)		6	%		3	%(C)		2	%		6	%		2	%(C)

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

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

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

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

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

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

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

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

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

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

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

B. Significant Accounting Policies:

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

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

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

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the

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

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

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

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

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

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

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

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

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

The International Equity Portfolios do not isolate the effect of fluctuation in foreign exchange rates from the effect of fluctuations in the market prices of securities whether realized or unrealized. However, Enhanced U.S.

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Large Company Portfolio does isolate the effect of fluctuations in foreign currency rates when determining the realized gain or loss upon the sale or maturity of foreign currency denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for both financial reporting and income tax reporting purposes.

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

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

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

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

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

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

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

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

C. Investment Advisor and Administrator:

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

For the six months ended April 30, 2010, the Portfolios’ investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

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

For the six months ended April 30, 2010, the Feeder Funds’ and Enhanced U.S. Large Company Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Small Cap Portfolio and U.S. Micro Cap Portfolio administrative services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

Enhanced U.S. Large Company Portfolio*	0.15	%
U.S. Large Cap Value Portfolio	0.15	%
U.S. Targeted Value Portfolio*	0.25	%
U.S. Small Cap Value Portfolio*	0.30	%

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U.S. Small Cap Portfolio*	0.32	%
U.S. Micro Cap Portfolio*	0.40	%
International Small Company Portfolio	0.40	%
Japanese Small Company Portfolio	0.40	%
Asia Pacific Small Company Portfolio	0.40	%
United Kingdom Small Company Portfolio	0.40	%
Continental Small Company Portfolio	0.40	%
Emerging Markets Portfolio	0.40	%
Emerging Markets Small Cap Portfolio	0.45	%

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

Pursuant to a Fee Waiver and Expense Assumption Agreement, the Advisor has contractually agreed to waive certain fees, including administration/advisory fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver and Expense Assumption Agreement for the Portfolios below will remain in effect through March 1, 2011, and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. For the six months ended April 30, 2010, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or expenses assumed as listed below (amounts in thousands). Previously waived fees subject to future recovery by the Advisor are also reflected below (amounts in thousands). The Portfolios are not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

Institutional Class Shares	Expense Limits	Recovery of Previously Waived Fees/ Expenses Assumed	Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Targeted Value Portfolio (1)	0.50%	—	—
U.S. Core Equity 1 Portfolio (2)	0.23%	—	—
U.S. Core Equity 2 Portfolio (2)	0.26%	—	—
U.S. Vector Equity Portfolio (2)	0.36%	—	—
International Core Equity Portfolio (2)	0.49%	—	—
International Small Company Portfolio (3)	0.45%	—	—
Japanese Small Company Portfolio (3)	0.47%	—	—
Asia Pacific Small Company Portfolio (3)	0.47%	12	13
United Kingdom Small Company Portfolio (3)	0.47%	—	55
Continental Small Company Portfolio (3)	0.47%	—	—
DFA International Real Estate Securities Portfolio (2)	0.65%	—	—
DFA Global Real Estate Securities Portfolio (4)	0.55%	—	1,623
International Vector Equity Portfolio (2)	0.60%	28	—
Emerging Markets Core Equity Portfolio (2)	0.85%	—	—
Class R1 Shares
U.S. Targeted Value Portfolio (5)	0.62%	—	—
Class R2 Shares

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

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

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

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

(4) The Advisor has contractually agreed to waive all or a portion of its advisory fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other investment companies managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of the Portfolio are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio’s annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above. The Advisor has voluntarily agreed to waive all or a portion of its advisory fee to the extent necessary to limit the total advisory fees paid by the Portfolio to the Advisor directly and indirectly (the proportionate share of the advisory fees paid by the Portfolio through its investment in other funds managed by the Advisor) to 0.35% of the Portfolio’s average net assets on an annualized basis.

(5) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio’s direct and indirect expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Class R1 Shares to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the Class R1 Shares’ annualized expenses are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously

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assumed to the extent that such recovery will not cause the Portfolio’s annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(6) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio’s direct and indirect expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Class R2 Shares to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the Class R2 Shares’ annualized expenses are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio’s annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2010, the total related amounts paid by the Fund to the CCO were $108 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

At April 30, 2010, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amounts in thousands):

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

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E. Purchases and Sales of Securities:

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

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

F. Federal Income Taxes:

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

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2009, primarily attributable to net realized gains on securities considered to be “passive foreign investment companies”, non-deductible offering costs, foreign bond bifurcation, the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes and distribution redesignations, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital		Increase (Decrease) Undistributed Net Investment Income		Increase (Decrease) Accumulated Net Realized Gains (Losses)
Enhanced U.S. Large Company Portfolio	$	(58,767)	$	1,300	$	57,467
U.S. Large Cap Value Portfolio		(61)		(908)		969
U.S. Targeted Value Portfolio		(43)		(11)		54
U.S. Small Cap Value Portfolio		(200,882)		24,540		176,342
U.S. Core Equity 1 Portfolio		—		(15)		15
U.S. Core Equity 2 Portfolio		(178)		128		50

113

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

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

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

114

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

115

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

116

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

At October 31, 2009, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Total
DFA International Real Estate Securities Portfolio	$1,139	—	$1,139
DFA Global Real Estate Securities Portfolio	319	—	319
DFA International Small Cap Value Portfolio	2,537	—	2,537
International Vector Equity Portfolio	29	—	29
Emerging Markets Portfolio	3,546	$2,984	6,530

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

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

117

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

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

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

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

For the year ended October 31, 2009, Japanese Small Company Portfolio had capital loss carryforward expirations of $3,508 (in thousands).

Some of the Portfolios’ investments and investments held by the Master Funds are in securities considered to be “passive foreign investment companies” for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At October 31, 2009, the following Portfolios had cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the year ended October

118

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

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

At April 30, 2010, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

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

119

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

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

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

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

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

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

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

120

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

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

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

G. Capital Share Transactions:

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

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

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H. Financial Instruments:

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

1.    Repurchase Agreements:    The Portfolios may purchase certain U.S. Government securities subject to the counterparty’s agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Fund’s custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on April 30, 2010.

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

Derivative Financial Instruments:

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

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

Enhanced U.S. Large Company Portfolio*

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

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

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

122

4. Futures Contracts: Certain Portfolios may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. Additionally, Enhanced U.S. Large Company Portfolio uses stock index futures to hedge against changes in equity securities’ prices in the normal course of pursuing its investment objectives. Upon entering into a futures contract, the Portfolio deposits cash or pledges U.S. Government securities to a broker, equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Portfolio as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolio records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entering into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Portfolio could lose more than the initial margin requirements. The Portfolios entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

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

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

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

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

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

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

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

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

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

123

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

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

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

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

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

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

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

I. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

124

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

	Weighted Average Interest Rate	Weighted Average Loan Balance	Number of Days Outstanding	Interest Expense Incurred	Maximum Amount Borrowed During the Period
U.S. Targeted Value Portfolio	1.94%	$  3,487	2	—	$  4,041
U.S. Small Cap Value Portfolio	1.96%	6,455	30	$11	18,805
U.S. Vector Equity Portfolio	1.97%	1,170	4	—	2,221
U.S. Small Cap Portfolio	1.99%	10,715	10	6	20,785
U.S. Micro Cap Portfolio	1.95%	1,276	21	1	3,634
DFA Real Estate Securities Portfolio	1.97%	2,598	60	9	10,010
DFA Global Real Estate Securities Portfolio	1.94%	1,826	5	—	6,942

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

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2011.

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

	Weighted Average Interest Rate	Weighted Average Loan Balance	Number of Days Outstanding	Interest Expense Incurred	Maximum Amount Borrowed During the Period
International Small Company Portfolio	0.88%	$8,794	7	$  2	$12,990
DFA International Real Estate Securities Portfolio	0.88%	11,324	14	4	22,677
DFA International Small Cap Value Portfolio	0.88%	12,643	17	5	31,973
International Vector Equity Portfolio	0.88%	126	1	—	126
Emerging Markets Core Equity Portfolio	0.91%	4,879	5	1	8,678

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

J. Securities Lending:

As of April 30, 2010, some of the Portfolios had securities on loan to brokers/dealers, for which each Portfolio received cash collateral. Each Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolios’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities.

125

Subject to their stated investment policies, each Portfolio will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the ”Money Market Series“), an affiliated registered money market advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repuchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. In addition, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

K. Shareholder Servicing Fees:

The Class R1 Shares pay a shareholder servicing fee in the amount of 0.10% and Class R2 Shares pay a shareholder servicing fee in the amount of 0.25% of their annual average net assets to compensate service agents that provide shareholder servicing, record keeping, account maintenance and other services to investors in U.S. Targeted Value Portfolio Class R1 and Class R2 Shares.

L. Indemnitees; Contractual Obligations:

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

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

M. In-Kind Redemptions:

In accordance with guidelines described in the Portfolios’ prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital.

During the year ended October 31, 2009, Emerging Markets Portfolio realized net gains of in-kind redemptions in the amount of $17,805 (amount in thousands).

N. Other:

At April 30, 2010, the following number of shareholders held the following approximate percentages of outstanding shares of the Portfolios. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders	Approximate Percentage of Outstanding Shares
Enhanced U.S. Large Company Portfolio — Institutional Class Shares	3	83%
U.S. Large Cap Value Portfolio — Institutional Class Shares	3	78%
U.S. Targeted Value Portfolio — Class R1 Shares	1	95%
U.S. Targeted Value Portfolio — Class R2 Shares	1	84%
U.S. Targeted Value Portfolio — Institutional Class Shares	2	55%

126

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

O. Subsequent Event Evaluations:

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

127

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

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

* Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) to reflect the six-month period. The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund’s portion of the expenses of its Master Fund (Affiliated Investment Company).

128

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. Dimensional Investment Group Inc. filed its most recent Form N-Q with the SEC on March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

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

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

Affiliated Investment Company 100.0 % 

129

DIMENSIONAL INVESTMENT GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

DFA INTERNATIONAL VALUE PORTFOLIO

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

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

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

See accompanying Notes to Financial Statements.

130

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

131

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

132

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

133

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

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

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

See accompanying Notes to Financial Statements.

134

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

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

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

See accompanying Notes to Financial Statements.

135

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

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

The Portfolio primarily invests its assets in The DFA International Value Series (the “Series”), a corresponding series of The DFA Investment Trust Company. At April 30, 2010, the Portfolio owned 72% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

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

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

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

B. Significant Accounting Policies:

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

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

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

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

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

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

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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 at the end of the Schedule of Investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2.    Deferred Compensation Plan:    Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the “Plan”). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses. At April 30, 2010, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $119 (in thousands).

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

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

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

C. Investment Advisor:

Dimensional Fund Advisors LP (“Dimensional” or the “Advisor”) provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the six months ended April 30, 2010, the Portfolio’s administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20% of average daily net assets.

Pursuant to the Fee Waiver and Expense Assumption Agreement for the Class R2 shares of the DFA International Value Portfolio, the Advisor has contractually agreed to assume the Portfolio’s direct expenses (excluding management fees and custodian fees) to the extent necessary to limit the expenses of the Class R2 shares of the Portfolio to 0.79% of its average net assets on an annualized basis. At any time that the annualized expenses of the Class R2 shares of the Portfolio are less than 0.79% of its average net assets on an annualized basis, the Advisor retains the right

137

to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the annualized expenses to exceed 0.79% of its average net assets on an annualized basis. The Portfolio is not obligated to reimburse the advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of such reimbursement. The Fee Waiver and Expense Assumption Agreement will remain in effect until March 1, 2011 and shall continue to remain in effect for year to year thereafter unless terminated by the Fund or the Advisor. At April 30, 2010, there were no fees subject to future recovery by the Advisor.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2010, the total related amounts paid by the Fund to the CCO were $13 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

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

Distributions from net investment income and from net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income, accumulated net realized gains or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2009, primarily attributable to a reclassification of distributions, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$2,694	$(2,694)

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

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

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

Undistributed Net Investment Income and Short-Term Capital Gains	Undistributed Long-Term Capital Gains	Capital Loss Caryforward			Total Net Distributable Earnings (Accumulated Losses)
$13,063	—	$	(1,348,208	)	$	(1,335,145	)

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

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

At April 30, 2010, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost	Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
$3,741,896	$	1,114,718	$	(64,466	)	$	1,050,252

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

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

139

E. Capital Share Transactions:

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

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

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowings. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2011. There were no borrowings by the Portfolio under this line of credit during the six months ended April 30, 2010.

G. Shareholder Servicing Fees:

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

H. Indemnitees; Contractual Obligations:

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

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties which provide general indemnification. The Fund’s maximum exposure under these arrangements is

140

unknown as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

I. Other:

At April 30, 2010, three shareholders held approximately 84% of the outstanding shares of Class R2 shares of the Portfolio and two shareholders held approximately 47% of the outstanding shares of the Institutional Class shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

J. Subseqent Event Evaluations:

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

141

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

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

142

DISCLOSURE OF FUND EXPENSES

CONTINUED

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

* Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) to reflect the six-month period.

143

DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For The DFA Investment Trust Company, this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. The DFA Investment Trust Company filed its most recent Form N-Q with the SEC on March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

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

The fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

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

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

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

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

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

144

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

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

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

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

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

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

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

145

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

146

THE U.S.LARGE CAP VALUE SERIES

CONTINUED

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

147

THE U.S.LARGE CAP VALUE SERIES

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

148

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

149

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

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

150

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

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

151

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

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

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

See accompanying Notes to Financial Statements.

152

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

153

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

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

154

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

155

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

156

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

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

157

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

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

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

See accompanying Notes to Financial Statements.

158

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

159

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

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

160

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

161

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

162

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

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

163

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

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

164

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

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

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

See accompanying Notes to Financial Statements.

165

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

166

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

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

167

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

168

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

169

THE EMERGING MARKETS SERIES

CONTINUED

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

170

THE EMERGING MARKETS SERIES

CONTINUED

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

171

THE EMERGING MARKETS SERIES

CONTINUED

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

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

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

See accompanying Notes to Financial Statements.

172

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

173

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

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

174

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

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

175

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

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

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

See accompanying Notes to Financial Statements.

176

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

177

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

178

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

179

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

180

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

181

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

182

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

 *  See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

183

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

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

See page 1 for the Definitions of Abbreviations and Footnotes.

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

184

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

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

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

See accompanying Notes to Financial Statements.

185

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

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

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

See accompanying Notes to Financial Statements.

186

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

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

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

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

See accompanying Notes to Financial Statements.

187

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

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

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

See accompanying Notes to Financial Statements.

188

THE DFA INVESTMENT TRUST COMPANY

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of thirteen investment portfolios, of which nine are included in this section of the report (collectively, the “Series”), and four are presented in separate reports.

Domestic Equity Portfolio	International Equity Portfolios
The U.S. Large Cap Value Series	The DFA International Value Series
	The Japanese Small Company Series
	The Asia Pacific Small Company Series
	The United Kingdom Small Company Series
	The Continental Small Company Series
	The Canadian Small Company Series
	The Emerging Markets Series
	The Emerging Markets Small Cap Series

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

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

B. Significant Accounting Policies:

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

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

189

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

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

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

The Series utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels described below:

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

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

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

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

2.    Foreign Currency Translation:    Securities and other assets and liabilities of the International Equity Portfolios, whose values are initially expressed in foreign currencies, are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The International Equity Portfolios do not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on

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securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the International Equity Portfolios and the U.S. dollar equivalent amounts actually received or paid.

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

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

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

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

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

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C. Investment Advisor:

Dimensional Fund Advisors LP (“Dimensional” or the “Advisor”) provides investment advisory services to the Trust. For the six months ended April 30, 2010, the Series’ investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

The U.S. Large Cap Value Series	0.10	%
The DFA International Value Series	0.20	%
The Japanese Small Company Series	0.10	%
The Asia Pacific Small Company Series	0.10	%
The United Kingdom Small Company Series	0.10	%
The Continental Small Company Series	0.10	%
The Canadian Small Company Series	0.10	%
The Emerging Markets Series	0.10	%
The Emerging Markets Small Cap Series	0.20	%

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. For the six months ended April 30, 2010, the total related amounts paid by the Trust to the CCO were $35 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

At April 30, 2010, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amounts in thousands):

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

E. Purchases and Sales of Securities:

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

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

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

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

F. Federal Income Taxes:

No provision for federal income taxes is required since the Series are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

Some of the Series’ investments are in securities considered to be “passive foreign investment companies” for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At October 31, 2009, the following Series had cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the year ended October 31, 2009, realized gains on the sale of passive foreign investment companies have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes. Amounts listed below are in thousands.

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

At April 30, 2010, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

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

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

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

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

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

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

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

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

G. Financial Instruments:

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

1.    Repurchase Agreements:    The Series may purchase certain U.S. Government securities subject to the counterparty’s agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Trust’s custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on April 30, 2010.

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

Derivative Financial Instruments:

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

3.    Futures Contracts:    The Series may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entering into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

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

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

H. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010.

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

	Weighted Average Interest Rate	Weighted Average Loan Balance	Number  of Days Outstanding	Interest Expense Incurred	Maximum Amount Borrowed  During the Period
The U.S. Large Cap Value Series	2.00%	$7,639	4	$2	$17,897

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

195

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2011.

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

	Weighted Average Interest Rate	Weighted Average Loan Balance	Number  of Days Outstanding	Interest Expense Incurred	Maximum Amount Borrowed  During the Period
The DFA International Value Series	0.92%	$1,537	1	—	$  1,537
The Japanese Small Company Series	0.88%	97	9	—	199
The Asia Pacific Small Company Series	0.86%	224	16	—	687
The United Kingdom Small Company Series	0.87%	75	1	—	75
The Emerging Markets Series	0.86%	7,158	34	$  6	41,407
The Emerging Markets Small Cap Series	0.90%	3,247	31	3	6,471

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

I. Securities Lending:

As of April 30, 2010, some of the Series had securities on loan to brokers/dealers, for which each Series received cash collateral. Each Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series’ collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities.

Subject to their stated investment policies, each Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Each Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. In addition, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

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J. Indemnitees; Contractual Obligations:

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

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

K. In-Kind Redemptions:

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

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

L. Subsequent Event Evaluations:

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

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended April 30, 2010

EXPENSE TABLE

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

* Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) to reflect the six-month period. The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund’s portion of the expenses of its Master Fund (Affiliated Investment Company).

198

DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-Q with the SEC on March 31, 2010. It is available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

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

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

Affiliated Investment Company 100.0%

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DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

EMERGING MARKETS VALUE PORTFOLIO

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

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

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

EMERGING MARKETS VALUE PORTFOLIO

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

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

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

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

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

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

B. Significant Accounting Policies:

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

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

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

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

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

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

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

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2.    Deferred Compensation Plan:    Each eligible Director of the Group may elect participation in the Deferred Compensation Plan (the “Plan”). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses. At April 30, 2010, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $209 (in thousands).

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

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

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

C. Investment Advisor:

Dimensional Fund Advisors LP (“Dimensional” or the “Advisor”) provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Fund. For the six months ended April 30, 2010, the Portfolio’s administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.40% of average daily net assets.

Pursuant to the Fee Waiver and Expense Assumption Agreement for the Class R2 Shares of the Emerging Markets Value Portfolio, the Advisor has contractually agreed to assume the Portfolio’s direct expenses (excluding management fees and custodian fees) to the extent necessary to limit the expenses of the Class R2 Shares of the Portfolio to 0.96% of its average net assets on an annualized basis. At any time that the annualized expenses of the Portfolio are less than 0.96% of its average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the annualized expenses to exceed 0.96% of its average net assets on an annualized basis. The Portfolio is not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor

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

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Group; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Group. For the six months ended April 30, 2010, the total related amounts paid by the Group to the CCO were $108 (in thousands). The total related amount paid by the Portfolio is included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

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

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2009, primarily attributable to the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Paid-In Capital	Increase (Decrease) Undistributed Net Investment Income	Increase (Decrease) Accumulated Net Realized Gains (Losses)
$(76,651)	$(6,069)	$82,720

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

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

At October 31, 2009, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

Net Investment Income and Short-Term Capital Gains	Long-Term Capital Gains	Total
$11,386	$8,867	$20,253

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

Undistributed Net Investment Income and Short-Term Capital Gains	Undistributed Long-Term Capital Gains	Total Net Distributable Earnings (Accumulated Losses)
$78,548	$116,405	$194,953

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

At April 30, 2010, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost	Unrealized Appreciation	Unrealized (Depreciation)	Net Unrealized Appreciation (Depreciation)
$6,543,553	$2,595,425	$137,635	$2,733,060

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

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

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

209

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

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

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

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

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

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

E. Capital Share Transactions:

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

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

F. Line of Credit:

The Portfolio, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at

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

The Portfolio, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2011. There were no borrowings by the Portfolio under this line credit during the six months ended April 30, 2010.

G. Shareholder Servicing Fees:

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

H. Indemnitees; Contractual Obligations:

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

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

I. Other:

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

J. Subsequent Event Evaluations:

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

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DIMENSIONAL EMERGING MARKETS VALUE FUND

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended April 30, 2010

EXPENSE TABLE

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

* Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) to reflect the six-month period.

212

DIMENSIONAL EMERGING MARKETS VALUE FUND

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For Dimensional Emerging Markets Value Fund, this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. Dimensional Emerging Markets Value Fund filed its most recent Form N-Q with the SEC on March 31, 2010. It is available upon request without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

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

The fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC’s website at http://www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

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

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

213

DIMENSIONAL EMERGING MARKETS VALUE FUND

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2010

(Unaudited)

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

214

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

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

215

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

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

216

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

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

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

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

217

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

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

See accompanying Notes to Financial Statements.

218

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2010

(Unaudited)

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

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

See accompanying Notes to Financial Statements.

219

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2010

(Unaudited)

(Amounts in thousands)

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

See accompanying Notes to Financial Statements.

220

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

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

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

221

DIMENSIONAL EMERGING MARKETS VALUE FUND†

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

† See Note A in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.

222

DIMENSIONAL EMERGING MARKETS VALUE FUND

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

A. Organization:

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

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

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

B. Significant Accounting Policies:

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

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

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

The Fund will also fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the time that the net asset value

223

of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Fund prices its shares at the close of the NYSE, the Fund will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the Fund’s foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Fund has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Fund utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

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

The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels described below:

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

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

—      Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

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

2.    Foreign Currency Translation:    Securities and other assets and liabilities of the Fund whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Fund does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the Fund’s books and the U.S. dollar equivalent amounts actually received or paid.

3.    Deferred Compensation Plan:    Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the “Plan”). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors’/Trustees’ Fees & Expenses. At April 30, 2010, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $222 (in thousands).

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

4.    Other:    Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Fund estimates the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Expenses directly attributable to the Fund are directly charged.

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

The Fund’s investments in Chile are subject to governmental taxes on investment income. Such taxes are due when currencies are repatriated from the country. The Fund accrues for taxes on income as the income is earned.

The Fund’s investments in Thailand are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Fund accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. The Fund is also subject to a 15% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

C. Investment Advisor:

Dimensional Fund Advisors LP (“Dimensional” or the “Advisor”) provides investment advisory services to the Fund. For the six months ended April 30, 2010, the Fund’s advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.10% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2010, the total related amounts paid by the Fund to the CCO were $10 (in thousands). The total related amounts paid by the Fund are included in Other Expenses on the Statement of Operations.

225

D. Purchases and Sales of Securities:

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

Purchases	$	1,353,311
Sales		865,639

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

E. Federal Income Taxes:

No provision for federal income taxes is required since the Series’ are treated as partnerships for Federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been “passed down” to their respective partners.

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

At April 30, 2010, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost	Unrealized Appreciation	Unrealized (Depreciation)	Net Unrealized Appreciation (Depreciation)
$8,195,763	$2,895,532	$(609,442)	$2,286,090

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

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

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

226

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

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

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

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

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

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

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

F. Financial Instruments:

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

1.    Repurchase Agreements:    The Fund may purchase certain U.S. Government securities subject to the counterparty’s agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Fund’s custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on April 30, 2010.

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

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Derivative Financial Instruments:

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

3.    Futures Contracts:    The Fund may enter into futures contracts to gain market exposure on uninvested cash pending investment in securities or to maintain liquidity to pay redemptions. Upon entering into a futures contract, the Fund deposits cash or pledges U.S. Government securities to a broker, equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Fund as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Fund records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entering into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Fund could lose more than the initial margin requirements. The Fund entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

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

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

G. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into an amended and restated $250 million unsecured discretionary line of credit effective July 8, 2009 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 22, 2010. There were no borrowings by the Fund under this line of credit during the six months ended April 30, 2010.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2010 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2011.

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

Weighted Average Interest Rate	Weighted Average Loan Balance	Number of Days Outstanding	Interest Expense Incurred	Maximum Amount Borrowed During the Period
0.87%	$26,219	28	$18	$60,454

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

H. Securities Lending:

As of April 30, 2010, the Fund had securities on loan to brokers/dealers, for which the Fund received cash collateral. The Fund invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are required at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Fund’s collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Fund or, at the option of the lending agent, to replace the securities.

Subject to its stated investment policy, the Fund will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the “Money Market Series”), an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. The Fund also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated and unaffiliated registered and unregistered money market funds. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. In addition, the Fund will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

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

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

J. In-Kind Redemptions:

In accordance with guidelines described in the Fund’s prospectus, the Fund may distribute portfolio securities rather than cash as payment for a redemption of Fund shares (in-kind redemption). For financial reporting purposes, the Fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized

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

K. Subsequent Event Evaluations:

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

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VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Fund and the Trust use in voting proxies relating to securities held in the portfolios is available without charge, upon request, by calling collect: (512) 306-7400. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC’s website at http://www.sec.gov and from the Advisor’s website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

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BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENTS

At the Board meeting held on December 19, 2009 (the “Meeting”), the Board of Directors of DFA Investment Dimensions Group Inc., the Board of Trustees of The DFA Investment Trust Company and the Board of Trustees of Dimensional Emerging Markets Value Fund (together, the “Board”) considered the continuation of the investment advisory/management agreements for each portfolio or series (collectively, the “Funds”) and, if applicable, a Fund’s sub-advisory agreements. For certain Funds, Dimensional Fund Advisors Ltd. or DFA Australia Limited serve as a sub-advisor. (The investment advisory/management agreements and the sub-advisory agreements are referred to as the “Advisory Agreements,” and the Advisor and sub-advisors are referred to as the “Advisor.”)

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

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

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

In considering the performance of each Fund, the Board analyzed the Lipper Reports, which compared the performance of each Fund with other funds in its respective peer group and peer universe. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the Funds. The Board noted that the Advisor’s investment style and methodologies in managing the Funds are not designed to track traditional indexes. As a result, it is expected that certain Funds will underperform their Lipper-designated peer funds and that reporting results will diverge from market indexes, while other Funds may outperform their Lipper-designated peer funds and market indexes for the same periods. The Board determined, among other things, that the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Lipper Reports. The Board concluded that the advisory fees and total expenses of each Fund over various periods

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were favorable in relation to those of its peer funds, and that the advisory fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large. The Board also noted that significant reductions in the non-management fees charged by the Funds’ administrator and transfer agent have been negotiated by management over the course of the last four years.

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

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

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

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ITEM 2. CODE OF ETHICS.

Not applicable when filing a semi-annual report to shareholders.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not applicable when filing a semi-annual report to shareholders.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Not applicable when filing a semi-annual report to shareholders.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

This item is not applicable to the Registrant.

ITEM 6. INVESTMENTS.

(a) The Registrant’s schedule of investments is provided below.

DIMENSIONAL EMERGING MARKETS VALUE FUND

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedule of Investments

Investment Abbreviations
ADR	American Depository Receipt
FHLMC	Federal Home Loan Mortgage Corporation
FNMA	Federal National Mortgage Association
GDR	Global Depository Receipt
NVDR	Non-Voting Depository Receipt
P.L.C.	Public Limited Company
Investment Footnotes
†	See Security Valuation Note within the Notes to Schedule of Investments.
††	Securities have generally been fair valued. See Security Valuation Note within the Notes to Schedule of Investments.
*	Non-Income Producing Securities.
#	Total or Partial Securities on Loan.
(r)	The adjustable rate shown is effective as of April 30, 2010.
@	Security purchased with cash proceeds from securities on loan.
—	Amounts designated as — are either zero or rounded to zero.
§	Affiliated Fund.

1

DIMENSIONAL EMERGING MARKETS VALUE FUND

SCHEDULE OF INVESTMENTS

April 30, 2010

(Unaudited)

	Shares	Value††
COMMON STOCKS — (87.7%)
BRAZIL — (6.1%)
*Acucar Guarani SA	1,508,100	$	4,112,408
*Agre Empreendimentos Imobiliarios SA	264,054		1,181,844
Banco ABC Brasil SA	647,946		4,663,198
Banco Alfa de Investimento SA	98,700		442,894
Banco Daycoval SA	540,450		3,056,306
Banco do Brasil SA	148,980		2,569,493
Banco Industrial e Comercial SA	1,292,200		10,177,027
Banco Panamericano SA	1,106,800		6,590,180
Banco Pine SA	285,300		1,715,165
Banco Santander Brasil SA	219,225		2,536,237
Banco Santander Brasil SA ADR	4,239,902		49,310,060
Banco Sofisa SA	715,300		1,868,236
*Bematech SA	391,800		2,033,100
BM&F Bovespa SA	13,089,600		86,222,304
*BR Malls Participacoes SA	792,187		10,044,471
*Brasil Brokers Participacoes SA	4,600		20,589
*Brasil Ecodiesel Industria e Comercio de Biocombustiveis e Oleos Vegetais SA	8,441,712		5,682,038
BRF - Brasil Foods SA	739,298		9,663,081
BRF - Brasil Foods SA ADR	2,211,393		29,522,097
*Brookfield Incorporacoes SA	2,873,900		12,929,037
Camargo Correa Desenvolvimento Imobiliario SA	631,700		2,104,152
Cia Providencia Industria e Comercio SA	242,350		975,953
*Cosan SA Industria e Comercio	1,937,900		24,359,623
*CR2 Empreendimentos Imobiliarios SA	57,300		171,414
Cremer SA	293,270		3,139,798
Duratex SA	2,642,444		24,079,570
#Empresa Brasileira de Aeronautica SA ADR	1,195,061		28,777,069
Eternit SA	666,723		3,083,822
*Even Construtora e Incorporadora SA	1,330,820		4,639,591
*Ez Tec Empreendimentos e Participacoes SA	878,300		4,138,229
Ferbasa-Ferro Ligas da Bahia SA	425,065		3,068,929
*Fertilizantes Heringer SA	174,100		871,376
*Fibria Celulose SA	238,670		4,706,812
#*Fibria Celulose SA Sponsored ADR	2,219,331		44,053,720
Financeira Alfa SA	36,400		75,177
*Gafisa SA	3,540,876		24,240,716
#*Gafisa SA ADR	336,554		4,651,176
*General Shopping Brasil SA	332,630		1,628,466
Gerdau SA	1,869,600		23,210,682
*Globex Utilidades SA	45,131		329,736
#Gol Linhas Aereas Inteligentes SA ADR	41,435		541,970
Grendene SA	1,177,745		5,542,329
*Guararapes Confeccoes SA	24,900		850,317
*Helbor Empreendimentos SA	34,100		235,409
*IdeiasNet SA	904,230		1,857,098
Iguatemi Empresa de Shopping Centers SA	358,760		5,999,800
Industrias Romi SA	626,500		4,234,935
*Inpar SA	1,802,550		2,924,315
*JBS SA	3,344,800		15,932,659
JHSF Participacoes SA	1,733,800		2,852,678
*Kepler Weber SA	4,577,600		1,185,054
*Kroton Educacional SA	202,732		1,906,900
*Log-in Logistica Intermodal SA	751,000		3,356,980
*M Dias Branco SA	165,800		3,991,791
*Magnesita Refratarios SA	1,437,881		10,538,532
Marfrig Alimentos SA	760,855		7,983,889
*Medial Saude SA	542,500		4,525,385
Metalfrio Solutions SA	100,200		570,677

2

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
BRAZIL — (Continued)
*Minerva SA	546,700	$	2,311,661
*MPX Energia SA	386,000		4,761,018
*Multiplan Empreendimentos Imobiliarios SA	256,869		4,483,478
*Obrascon Huarte Lain Brasil SA	265,100		6,251,373
Parana Banco SA	83,700		444,923
*Paranapanema SA	1,091,567		3,579,423
*PDG Realty SA Empreendimentos e Participacoes	500,400		4,548,437
Petroleo Brasileiro SA ADR	258,400		10,963,912
*Plascar Participacoes Industriais SA	1,198,400		2,461,262
Porto Seguro SA	455,430		4,708,228
*Profarma Distribuidora de Produtos Farmaceuticos SA	63,525		639,544
*Rodobens Negocios Imobiliarios SA	191,050		1,372,768
*Rossi Residencial SA	1,433,600		10,556,640
Santos Brasil Participacoes SA	29,100		280,411
Sao Carlos Empreendimentos e Participacoes SA	80,800		844,606
Sao Martinho SA	491,236		4,422,749
*SLC Agricola SA	170,825		1,603,834
*Springs Global Participacoes SA	82,400		224,695
*Sul America SA	467,095		12,729,061
*Tecnisa SA	11,379		56,952
*Trisul SA	87,661		315,192
Triunfo Participacoes e Investimentos SA	80,500		236,186
*Universo Online SA	479,100		2,747,952
Usinas Siderurgicas de Minas Gerais SA	1,025,500		32,571,756
TOTAL BRAZIL			634,792,555
CHILE — (2.4%)
Almendral SA	1,120,749		116,621
Banco de Credito e Inversiones SA Series A	128,959		5,330,322
*Besalco SA	45,000		42,750
Cementos Bio-Bio SA	665,307		1,762,785
Centros Comerciales Sudamericanos SA	3,680,515		15,078,090
*Cintac SA	153,487		94,645
Compania Cervecerias Unidas SA	87,375		749,241
Compania de Consumidores de Gas Santiago SA	155,648		883,290
Compania General de Electricidad SA	891,089		5,503,477
*Compania SudAmericana de Vapores SA	10,840,439		8,940,568
Corpbanca SA	1,179,769,735		10,730,346
Corpbanca SA ADR	400		17,660
Cristalerias de Chile SA	264,624		3,212,508
*CTI Cia Tecno Indl SA	488,163		19,754
Embotelladora Andina SA Series A ADR	30,385		539,334
Empresa Nacional de Electricidad SA	33,756		52,427
Empresas CMPC SA	1,512,741		64,713,075
Empresas Copec SA	2,027,911		32,394,994
*Empresas Iansa SA	34,270,156		2,179,237
Enersis SA	31,903,095		12,756,320
Enersis SA Sponsored ADR	3,017,368		60,015,450
Industrias Forestales SA	3,436,382		821,103
Inversiones Aguas Metropolitanas SA	2,068,020		2,689,881
*Madeco SA	49,034,820		2,815,758
*Masisa SA	36,930,742		5,233,427
Minera Valparaiso SA	7,500		238,462
*Parque Arauco SA	1,761,407		2,376,262
Ripley Corp SA	1,963,893		1,744,589
*Salfacorp SA	472,731		1,047,578
Sociedad Quimica y Minera de Chile SA Series A	32,710		1,369,351
Sociedad Quimica y Minera de Chile SA Series B	78,334		2,836,296
*Socovesa SA	1,992,357		917,532
*Soquimic Comercial SA	198,000		85,808
Vina Concha Y Toro SA Sponsored ADR	2,846		123,943

3

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
CHILE — (Continued)
*Vina San Pedro Tarapaca SA	86,964,000	$	686,227
TOTAL CHILE			248,119,111
CHINA — (10.8%)
#Agile Property Holdings, Ltd.	6,754,000		7,816,560
*Aluminum Corp. of China, Ltd.	28,000		27,301
#*Aluminum Corp. of China, Ltd. ADR	287,695		6,979,481
*AMVIG Holdings, Ltd.	3,639,100		2,686,200
#Angang Steel Co., Ltd.	6,781,640		10,460,647
*Anhui Tianda Oil Pipe Co., Ltd.	250,000		123,741
#*Anton Oilfield Services Group	4,514,000		475,006
#*Asia Cement China Holdings Corp.	3,202,000		1,544,851
#Bank of China, Ltd.	285,846,000		147,149,279
#Bank of Communications Co., Ltd.	7,028,000		8,004,255
*Baoye Group Co., Ltd.	1,689,120		1,234,905
#*Beijing Capital International Airport Co., Ltd.	11,976,000		7,204,432
#Beijing Capital Land, Ltd.	7,220,000		2,183,072
#*Beijing Development HK, Ltd.	1,145,000		269,184
Beijing Enterprises Holdings, Ltd.	5,599,500		36,218,301
#*Beijing Jingkelong Co., Ltd.	425,000		498,421
#*Beijing North Star Co., Ltd.	5,618,000		1,578,371
#Bosideng International Holdings, Ltd.	13,412,000		3,709,018
#*Brilliance China Automotive Holdings, Ltd.	24,004,000		8,505,165
#*BYD Electronic International Co., Ltd.	6,346,000		4,523,217
*Catic Shenzhen Holdings, Ltd.	2,458,000		1,200,993
#*Central China Real Estate, Ltd.	4,122,000		1,022,849
#*Centron Telecom International Holdings, Ltd.	976,000		337,470
#Chaoda Modern Agriculture (Holdings), Ltd.	30,559,412		34,822,738
*China Aerospace International Holdings, Ltd.	17,200,000		2,350,672
*China Agri-Industries Holdings, Ltd.	4,584,000		5,994,109
#*China Aoyuan Property Group, Ltd.	9,565,000		1,563,396
*China BlueChemical, Ltd.	9,710,878		6,078,200
China Citic Bank Corp., Ltd.	29,402,000		19,216,748
China Coal Energy Co.	2,704,000		4,073,572
China Communications Construction Co., Ltd.	26,327,327		24,789,825
*China Communications Services Corp., Ltd.	13,081,382		6,567,925
China Construction Bank Corp.	72,842,000		59,245,133
#China COSCO Holdings Co., Ltd.	1,981,500		2,513,538
#*China Energine International Holdings, Ltd.	1,464,000		184,541
*China Everbright, Ltd.	7,443,600		18,374,520
#*China Grand Forestry Green Resources Group, Ltd.	51,362,000		2,010,858
#China Green (Holdings), Ltd.	3,996,800		4,658,709
*China Haidian Holdings, Ltd.	12,343,000		1,302,200
*China Haisheng Juice Holdings Co., Ltd.	48,000		7,166
#*China Huiyuan Juice Group, Ltd.	6,157,483		4,685,894
China Merchants Holdings (International) Co., Ltd.	2,651,015		9,209,124
#*China Mining Resources Group, Ltd.	30,302,000		982,431
*China Mobile, Ltd.	4,500		44,108
#*China Molybdenum Co., Ltd.	1,686,000		1,315,818
*China National Materials Co., Ltd.	452,000		293,166
*China Nickel Resources Holding Co., Ltd.	4,726,000		811,117
China Oilfield Services, Ltd.	78,000		109,164
*China Petroleum and Chemical Corp. (Sinopec)	46,000		36,883
#China Petroleum and Chemical Corp. (Sinopec) ADR	128,120		10,282,911
#*China Pharmaceutical Group, Ltd.	12,982,000		9,473,837
#*China Properties Group, Ltd.	4,236,000		1,268,051
*China Railway Construction Corp., Ltd.	11,671,514		14,516,102
#*China Rare Earth Holdings, Ltd.	14,431,000		3,525,815
China Resources Enterprise, Ltd.	6,590,000		23,249,718
#China Resources Land, Ltd.	10,341,727		18,923,647
*China Resources Microelectronics, Ltd.	29,895,000		1,499,678

4

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
CHINA — (Continued)
#*China Shipping Container Lines Co., Ltd.	32,569,700	$	13,517,482
#China Shipping Development Co., Ltd.	4,167,142		6,220,772
#*China State Construction International Holdings, Ltd.	3,010,000		1,037,798
#China Travel International Investment Hong Kong, Ltd.	25,371,000		6,263,608
#*China Unicom Hong Kong, Ltd.	2,354,000		2,929,119
China Unicom Hong Kong, Ltd. ADR	3,936,592		48,931,839
*China Zenith Chemical Group, Ltd.	13,420,000		421,739
#*Chongqing Iron & Steel Co., Ltd.	3,804,000		1,102,746
*Chongqing Machinery & Electric Co., Ltd.	6,266,000		1,651,154
CITIC Pacific, Ltd.	6,427,000		13,994,984
#*CITIC Resources Holdings, Ltd.	20,644,000		4,840,240
*Clear Media, Ltd.	633,000		419,865
*Coastal Greenland, Ltd.	6,774,000		392,715
*COSCO International Holdings, Ltd.	5,146,000		2,935,274
*COSCO Pacific, Ltd.	16,806,000		22,660,444
#Country Garden Holdings Co.	24,211,000		7,415,894
*Dachan Food Asia, Ltd.	2,350,000		512,073
#*Dalian Port PDA Co., Ltd.	13,298,000		6,104,109
#Denway Motors, Ltd.	57,266,000		33,706,925
*Digital China Holdings, Ltd.	334,000		490,809
Dongfeng Motor Corp.	1,298,933		1,844,807
*Dongyue Group	3,526,000		814,901
*Dynasty Fine Wines Group, Ltd.	9,454,600		3,716,307
*Embry Holdings, Ltd.	469,000		276,649
#*First Tractor Co., Ltd.	3,036,000		2,088,235
*Fosun International	8,391,500		6,517,989
*Franshion Properties China, Ltd.	18,304,000		5,221,139
*FU JI Food & Catering Services	1,275,000		—
#*Global Bio-Chem Technology Group Co., Ltd.	24,527,400		5,620,387
*Goldbond Group Holdings, Ltd.	2,960,000		203,731
#*Golden Meditech Holdings, Ltd.	1,964,000		461,975
*Goldlion Holdings, Ltd.	834,000		293,389
#*Great Wall Motor Co., Ltd.	3,555,000		6,486,433
*Great Wall Technology Co., Ltd.	1,178,000		636,809
*Greentown China Holdings, Ltd.	4,826,500		5,155,477
#*Guangshen Railway Co., Ltd. Sponsored ADR	417,917		8,099,231
#*Guangzhou Investment Co., Ltd.	30,924,000		7,406,000
#*Guangzhou Pharmaceutical Co., Ltd.	3,062,000		3,536,348
#Guangzhou R&F Properties Co., Ltd.	3,459,630		4,519,444
*GZI Transportation, Ltd.	491,003		273,833
*Hainan Meilan International Airport Co., Ltd.	1,891,000		2,349,415
#*Haitian International Holdings, Ltd.	903,000		764,599
#Harbin Power Equipment Co., Ltd.	6,788,000		5,311,282
#*Heng Tai Consumables Group, Ltd.	14,750,000		1,443,336
#*Hidili Industry International Development, Ltd.	4,722,000		5,152,600
*HKC (Holdings), Ltd.	20,031,879		1,442,990
*Hong Kong Energy Holdings, Ltd.	236,740		23,069
#*Honghua Group, Ltd.	9,398,000		1,638,766
#Hopson Development Holdings, Ltd.	5,840,000		7,554,332
Hua Han Bio-Pharmaceutical Holdings, Ltd.	3,612,850		1,460,786
#*Hunan Non-Ferrous Metal Corp., Ltd.	8,706,000		3,645,629
Industrial & Commercial Bank of China, Ltd.	19,791,000		14,424,621
*Jingwei Textile Machinery	580,000		184,480
#*Ju Teng International Holdings, Ltd.	4,876,000		4,494,513
*Kai Yuan Holdings, Ltd.	36,180,000		1,475,089
*Kasen International Holdings, Ltd.	1,674,000		519,878
*Kingboard Chemical Holdings, Ltd.	3,471,000		18,696,600
*Kingboard Laminates Holdings, Ltd.	2,197,000		2,336,904
*Kingway Brewery Holdings, Ltd.	1,792,000		383,867
*KWG Property Holding, Ltd.	8,826,000		5,137,844
Lai Fung Holdings, Ltd.	11,871,000		424,674

5

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
CHINA — (Continued)
*Lingbao Gold Co., Ltd.	1,812,000	$	679,848
*Lonking Holdings, Ltd.	1,030,000		765,799
#*Maanshan Iron & Steel Co., Ltd.	23,102,000		12,118,721
*Media China Corp, Ltd.	39,162,500		298,984
MIN XIN Holdings, Ltd.	1,202,000		525,917
*Mingyuan Medicare Development Co., Ltd.	1,900		234
#*Minmetals Resources, Ltd.	6,136,000		2,408,859
*Minth Group, Ltd.	530,000		744,484
*Nan Hai Corp, Ltd.	30,000,000		271,387
#*Neo-China Land Group (Holdings), Ltd.	9,446,000		2,822,552
*NetDragon Websoft, Inc.	1,393,500		758,730
#New World China Land, Ltd.	11,986,400		3,891,403
Nine Dragons Paper Holdings, Ltd.	4,053,000		6,836,966
#*Oriental Ginza Holdings, Ltd.	955,000		201,997
PetroChina Co., Ltd. ADR	32,000		3,684,160
#*PICC Property & Casualty Co., Ltd.	5,992,000		5,688,771
#*Poly Hong Kong Investment, Ltd.	7,411,000		7,298,469
*Prosperity International Holdings HK, Ltd.	10,880,000		692,403
Qin Jia Yuan Media Services Co., Ltd.	2,523,450		475,887
*Qingling Motors Co., Ltd.	12,306,000		3,021,141
*Qunxing Paper Holdings Co., Ltd.	2,050,163		864,693
*Regent Manner International, Ltd.	944,000		468,710
*REXLot Holdings, Ltd.	3,856,150		462,555
*Samson Holding, Ltd.	1,778,000		317,517
*Scud Group, Ltd.	752,000		82,874
#*Semiconductor Manufacturing International Corp.	48,688,000		5,230,926
*Semiconductor Manufacturing International Corp. ADR	1,056,043		5,618,149
#*Shandong Chenming Paper Holdings, Ltd.	2,747,000		2,393,650
Shandong Molong Petroleum Machinery Co., Ltd.	48,400		58,452
#*Shanghai Forte Land Co., Ltd.	6,154,000		1,677,770
#Shanghai Industrial Holdings, Ltd.	7,847,000		34,002,263
#*Shanghai Jin Jiang International Hotels Group Co., Ltd.	9,810,000		3,046,201
*Shanghai Prime Machinery Co., Ltd.	5,448,000		1,041,876
*Shanghai Zendai Property, Ltd.	16,675,000		809,052
Shenzhen International Holdings, Ltd.	51,585,000		3,871,275
*Shenzhen Investment, Ltd.	16,706,000		5,079,215
#Shimao Property Holdings, Ltd.	13,759,500		20,918,892
#*Shougang Concord International Enterprises Co., Ltd.	36,960,000		6,725,237
#*Shui On Land, Ltd.	20,454,838		9,299,931
#*Sichuan Xinhua Winshare Chainstore Co., Ltd.	2,848,000		1,731,033
#*Silver Grant International Industries, Ltd.	10,294,000		3,604,589
*SIM Technology Group, Ltd.	4,414,000		1,193,066
#*Sino Union Energy Investment Group, Ltd.	21,350,000		2,167,519
*SinoCom Software Group, Ltd.	1,602,000		261,609
*Sinofert Holdings, Ltd.	12,540,000		6,764,261
*Sinolink Worldwide Holdings, Ltd.	12,362,000		1,947,191
*SinoMedia Holding, Ltd.	652,830		211,651
#Sino-Ocean Land Holdings, Ltd.	21,417,033		16,473,679
*Sinopec Kantons Holdings, Ltd.	9,174,300		6,245,902
*Sinopec Shanghai Petrochemical Co., Ltd. Sponsored ADR	64,891		2,475,592
*Sinotrans Shipping, Ltd.	7,002,500		3,164,642
Sinotrans, Ltd.	26,720,000		6,357,634
#*Sinotruk Hong Kong, Ltd.	5,603,500		5,425,462
#*Soho China, Ltd.	16,068,000		9,172,003
*Solargiga Energy Holdings, Ltd.	46,000		9,925
#*SPG Land Holdings, Ltd.	2,143,000		1,193,576
#*SRE Group, Ltd.	19,452,000		2,068,774
*Sunny Optical Technology Group Co., Ltd.	873,000		197,958
Tak Sing Alliance Holdings, Ltd.	274,000		39,381
*TCC International Holdings, Ltd.	636,000		246,439
*TCL Multimedia Technology Holdings, Ltd.	2,484,200		1,977,739

6

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
CHINA — (Continued)
*Tian An China Investments Co., Ltd.	7,489,000	$	4,938,773
#*Tiangong International Co., Ltd.	863,000		362,513
*Tomson Group, Ltd.	1,966,000		813,463
#*Travelsky Technology, Ltd.	8,035,000		6,577,684
#*Truly International Holdings, Ltd.	632,000		1,165,669
*United Energy Group, Ltd.	470,000		30,488
#*Vinda International Holdings, Ltd.	2,035,000		1,720,869
*Weiqiao Textile Co., Ltd.	3,581,500		2,645,712
#*Wuyi International Pharmaceutical Co., Ltd.	4,525,000		625,603
*Xiamen International Port Co., Ltd.	6,980,000		1,307,762
#*Xingda International Holdings, Ltd.	4,197,000		2,828,604
#*Xinjiang Xinxin Mining Industry Co., Ltd.	4,816,000		2,764,791
#*Xiwang Sugar Holdings Co., Ltd.	5,602,736		1,671,767
*Yanzhou Coal Mining Co., Ltd. Sponsored ADR	439,809		12,248,681
Yip’s Chemical Holdings, Ltd.	726,000		733,956
#*Zhejiang Glass Co., Ltd.	437,000		137,778
#*Zhong An Real Estate, Ltd.	3,029,000		918,450
TOTAL CHINA			1,134,900,118
CZECH REPUBLIC — (0.4%)
*Central European Media Enterprises, Ltd.	213,726		7,338,534
Komercni Banka A.S.	20,066		4,118,371
*Pegas Nonwovens SA	123,552		2,855,054
Telefonica 02 Czech Republic A.S.	675,731		14,977,581
*Unipetrol A.S.	1,250,841		13,162,489
TOTAL CZECH REPUBLIC			42,452,029
HUNGARY — (1.6%)
*Danubius Hotel & Spa NYRT	136,180		2,412,486
*Egis Gyogyszergyar NYRT	57,430		6,021,656
*FHB Mortgage Bank NYRT	3,170		23,105
*Fotex Holding SE Co., Ltd.	913,849		1,866,776
*MOL Hungarian Oil & Gas NYRT	501,231		50,754,320
#*OTP Bank NYRT	2,963,372		104,166,877
*PannErgy P.L.C.	273,674		1,167,850
Tisza Chemical Group NYRT	237,913		3,825,367
TOTAL HUNGARY			170,238,437
INDIA — (10.8%)
*3i Infotech, Ltd.	422,692		702,144
*ABG Shipyard, Ltd.	75,323		441,793
ACC, Ltd.	8,174		166,079
*Aditya Birla Nuvo, Ltd.	354,483		6,504,605
*Agro Tech Foods, Ltd.	9,351		55,263
*Ajmera Realty & Infra India, Ltd.	70,083		276,319
*Akzo Nobel India, Ltd.	50,241		661,187
*Alembic, Ltd.	619,600		689,818
*Allahabad Bank, Ltd.	1,091,889		4,016,733
*Alok Industries, Ltd.	3,717,329		1,726,828
Ambuja Cements, Ltd.	5,354,209		14,542,753
Amtek Auto, Ltd.	789,486		3,266,946
*Anant Raj Industries, Ltd.	575,571		1,627,244
*Andhra Bank	1,052,102		3,115,302
*Ansal Properties & Infrastructure, Ltd.	634,149		1,148,388
*Apollo Hospitals Enterprise, Ltd.	214,765		3,748,421
*Apollo Tyres, Ltd.	1,676,970		2,623,237
*Arvind Mills, Ltd.	1,526,154		1,240,448
*Ashapura Minechem, Ltd.	36,874		54,543
*Ashok Leyland, Ltd.	6,240,668		8,388,679
Asian Hotels, Ltd.	1,050		9,868

7

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
INDIA — (Continued)
Aurobindo Pharma, Ltd.	56,110	$	1,189,712
Avaya GlobalConnect, Ltd.	5,325		28,822
Axis Bank, Ltd.	1,080,231		30,576,856
*Bajaj Auto Finance, Ltd.	90,482		858,669
Bajaj Finserv, Ltd.	66,284		509,254
Bajaj Hindusthan, Ltd.	838,582		2,340,937
Bajaj Holdings & Investment, Ltd.	299,410		4,197,608
*Balkrishna Industries, Ltd.	1,656		22,677
Ballarpur Industries, Ltd.	2,658,186		1,930,167
*Balmer Lawrie & Co., Ltd.	48,430		712,826
Balrampur Chini Mills, Ltd.	1,820,136		3,409,574
*Bank of Baroda	664,157		10,204,195
*Bank of India	274,284		2,334,063
*Bank of Maharashtra, Ltd.	933,918		1,156,902
*Bank of Rajasthan, Ltd.	527,425		897,896
*BEML, Ltd.	133,202		3,117,963
*Bengal & Assam Co., Ltd.	9,237		42,133
*Bharat Forge, Ltd.	265,937		1,628,429
*Bharati Shipyard, Ltd.	56,986		355,396
*Bhushan Steel, Ltd.	189,156		7,546,504
*Biocon, Ltd.	155,745		1,049,928
Birla Corp., Ltd.	112,706		992,393
*Bl Kashyap & Sons, Ltd.	22,419		188,684
*Blue Star Infotech, Ltd.	10,194		27,847
*Bombay Dyeing & Manufacturing Co., Ltd.	6,132		79,328
*Bombay Rayon Fashions, Ltd.	252,000		1,278,276
*Cairn India, Ltd.	2,477,483		17,411,246
*Canara Bank	722,143		6,927,628
*Central Bank Of India	300,296		1,078,878
*Century Enka, Ltd.	54,052		366,739
*Century Textiles & Industries, Ltd.	152,552		1,779,796
*Chambal Fertilizers & Chemicals, Ltd.	1,344,619		1,968,495
*Chillwinds Hotels, Ltd.	1,050		7,964
*City Union Bank, Ltd.	1,048,875		791,972
*Clariant Chemicals (India), Ltd.	2,398		35,101
Coromandel International, Ltd.	136,536		1,117,457
*Corp. Bank	52,412		628,943
*Cranes Software International, Ltd.	313,759		110,629
Dalmia Cement (Bharat), Ltd.	159,852		944,724
DCM Shriram Consolidated, Ltd.	271,065		356,156
*Deepak Fertilizers & Petrochemicals Corp., Ltd.	386,267		998,299
*Dena Bank	99,442		196,606
*Development Credit Bank, Ltd.	169,815		169,091
*Dhanalakshmi Bank, Ltd.	36,681		124,925
*Dishman Pharmaceuticals & Chemicals, Ltd.	106,182		522,146
*DLF, Ltd.	691,014		4,800,236
Dr. Reddy’s Laboratories, Ltd.	125,556		3,547,741
*Dredging Corp Of India, Ltd.	34,424		455,336
E.I.D. - Parry (India), Ltd.	357,212		2,977,782
Edelweiss Capital, Ltd.	42,687		392,552
Eicher Motors, Ltd.	27,581		495,077
EIH, Ltd.	641,805		1,837,711
*Elder Pharmaceuticals, Ltd.	97,715		800,177
*Electrosteel Casings, Ltd.	524,675		584,891
Elgi Equipments, Ltd.	47,790		109,690
Escorts, Ltd.	388,991		1,556,922
*Essar Shipping Ports & Logistics, Ltd.	711,545		1,460,674
*Essel Propack, Ltd.	442,637		480,879
*Everest Industries, Ltd.	9,843		50,749
*Everest Kanto Cylinder, Ltd.	144,736		388,112
FAG Bearings (India), Ltd.	500		6,378

8

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
INDIA — (Continued)
*FDC, Ltd.	179,858	$	362,851
*Federal Bank, Ltd.	1,334,943		8,725,040
Financial Technologies (India), Ltd.	74,561		2,589,424
*Finolex Cables, Ltd.	537,055		695,110
*Finolex Industries, Ltd.	695,629		1,248,026
*Firstsource Solutions, Ltd.	462,206		317,310
*Fortis Healthcare, Ltd.	570,681		2,179,541
GAIL India, Ltd.	700,109		6,742,910
*Gammon India, Ltd.	385,639		1,907,096
*Gateway Distriparks, Ltd.	123,998		342,351
Geodesic, Ltd.	288,760		732,348
*Gitanjali Gems, Ltd.	513,757		1,317,793
*Godawari Power & Ispat, Ltd.	51,305		328,572
*Godfrey Phillips India, Ltd.	784		33,653
*Goetze (India), Ltd.	9,195		27,085
*Graphite India, Ltd.	329,318		762,380
Grasim Industries, Ltd.	9,626		588,809
*Great Eastern Shipping Co., Ltd.	805,619		5,950,588
*Great Offshore, Ltd.	100,237		1,049,311
*GTL Infrastructure, Ltd.	691,128		637,226
*GTL, Ltd.	350,140		3,187,918
*Gujarat Alkalies & Chemicals, Ltd.	421,803		1,105,710
Gujarat Fluorochemicals, Ltd.	157,890		588,668
*Gujarat Narmada Valley Fertilizers Co., Ltd.	647,256		1,735,688
*Gujarat State Fertilizers & Chemicals, Ltd.	445,889		2,585,598
Gujarat State Petronet, Ltd.	605,003		1,287,041
*Gulf Oil Corp., Ltd.	140,753		303,758
*H.E.G., Ltd.	129,459		1,072,647
*HBL Power Systems, Ltd.	370,370		316,032
HCL Infosystems, Ltd.	496,002		1,480,590
HCL Technologies, Ltd.	693,743		6,112,658
HDFC Bank, Ltd.	188,976		8,377,862
*HeidelbergCement India, Ltd.	447,554		542,648
*Hexaware Technologies, Ltd.	1,162,865		1,866,224
*Hikal, Ltd.	4,933		44,568
*Hindalco Industries, Ltd.	6,817,304		26,919,318
*Hinduja Global Solutions, Ltd.	65,909		678,374
*Hinduja Ventures, Ltd.	68,545		500,468
*Hindustan Construction Co., Ltd.	160,378		470,617
*Hotel Leelaventure, Ltd.	1,357,335		1,491,240
*Housing Development & Infrastructure, Ltd.	1,047,863		6,285,601
ICICI Bank, Ltd. Sponsored ADR	3,310,395		140,757,995
*ICSA (India), Ltd.	290,435		897,129
*IDBI Bank, Ltd.	2,354,413		6,614,132
*Idea Cellular, Ltd.	2,900,877		3,974,792
*IFCI, Ltd.	703,448		829,283
*India Cements, Ltd.	2,016,703		5,633,395
India Infoline, Ltd.	1,395,726		3,374,491
*Indiabulls Financial Services, Ltd.	1,556,730		5,339,610
*Indiabulls Real Estate, Ltd.	2,924,244		11,043,989
*Indiabulls Securities, Ltd.	6,234		4,549
Indian Bank	335,975		1,693,984
*Indian Hotels Co., Ltd.	3,531,468		8,501,342
*Indian Overseas Bank	995,564		2,138,789
*Indo Rama Synthetics (India), Ltd.	202,314		178,070
*IndusInd Bank, Ltd.	1,516,963		6,539,257
*INEIS ABS India, Ltd.	28,114		213,100
*Infotech Enterprises, Ltd.	10,576		92,055
Infrastructure Development Finance Co., Ltd.	2,790,613		10,641,076
*ING Vysya Bank, Ltd.	190,329		1,360,518
*Ingersoll-Rand India, Ltd.	10,081		80,597

9

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
INDIA — (Continued)
Ipca Laboratories, Ltd.	276,905	$	1,633,559
*ISMT, Ltd.	161,991		198,086
*Ispat Industries, Ltd.	1,799,861		806,539
*IVRCL Assets & Holdings, Ltd.	59,556		244,076
*IVRCL Infrastructures & Projects, Ltd.	2,864,100		11,573,859
*J.B. Chemicals & Pharmaceuticals, Ltd.	377,474		759,451
*Jammu & Kashmir Bank, Ltd.	233,400		3,949,737
*JBF Industries, Ltd.	78,378		278,964
*Jet Airways (India), Ltd.	244,572		2,931,058
*Jindal Poly Films, Ltd.	41,936		365,965
*Jindal Saw, Ltd.	1,180,076		5,739,986
*JK Cement, Ltd.	83,518		344,917
*JK Lakshmi Cement, Ltd.	237,588		384,659
*JK Tyre & Industries, Ltd.	158,673		701,244
*JM Financial, Ltd.	114,495		92,511
*JSL, Ltd.	726,612		1,881,959
JSW Steel, Ltd.	1,091,845		29,874,742
Jubilant Organosys, Ltd.	228,068		1,719,255
*K.S.B. Pumps, Ltd.	3,721		37,215
*Kalpataru Power Transmission, Ltd.	1,000		24,298
*Kalyani Steels, Ltd.	85,188		541,835
*Karnataka Bank, Ltd.	466,505		1,427,586
*Karur Vysya Bank, Ltd.	135,412		1,473,289
*Karuturi Global, Ltd.	555,213		211,446
Kesoram Industries, Ltd.	204,223		1,622,879
Kirloskar Industries, Ltd.	438,360		1,731,305
*Kotak Mahindra Bank, Ltd.	74,000		1,211,749
*KS Oils, Ltd.	1,831,255		2,727,120
*Lakshmi Machine Works, Ltd.	3,835		173,887
*Lakshmi Vilas Bank, Ltd.	55,473		102,091
*Landmark Property Development Co., Ltd.	246,234		25,317
*LIC Housing Finance, Ltd.	317,938		6,813,575
*Madhucon Projects, Ltd.	154,578		567,056
Madras Cements, Ltd.	341,809		890,085
#*Mahanagar Telephone Nigam, Ltd. ADR	100,249		320,797
*Maharashtra Scooters, Ltd.	4,450		36,478
*Maharashtra Seamless, Ltd.	149,749		1,328,133
*Mahindra & Mahindra Financial Services, Ltd.	34,564		347,340
Mahindra & Mahindra, Ltd.	1,172,012		13,808,278
*Mahindra Lifespace Developers, Ltd.	116,230		1,221,660
*Manaksia, Ltd.	59,576		172,930
Maruti Suzuki India, Ltd.	322,636		9,229,060
Mastek, Ltd.	83,250		557,472
*McLeod Russel India, Ltd.	637,181		3,246,449
*Mercator Lines, Ltd.	1,524,731		2,013,670
Merck, Ltd.	29,241		415,412
*Monnet Ispat, Ltd.	117,684		1,134,708
*Moser Baer (India), Ltd.	1,516,872		2,507,168
MRF, Ltd.	17,453		2,768,782
*Mukand, Ltd.	324,653		483,948
*Nagarjuna Construction Co., Ltd.	1,407,751		6,028,667
*Nagarjuna Fertilizers & Chemicals, Ltd.	1,310,174		954,293
*Nahar Capital & Financial Services, Ltd.	50,449		86,636
*Nahar Spinning Mills, Ltd.	33,942		64,656
National Aluminium Co., Ltd.	92,623		848,843
*Nava Bharat Ventures, Ltd.	5,395		50,710
Navneet Publications (India), Ltd.	296,850		353,332
*NIIT Technologies, Ltd.	342,060		1,428,835
*NIIT, Ltd.	1,018,749		1,576,408
Nirma, Ltd.	374,728		1,729,799
*NOCIL, Ltd.	981,740		505,350

10

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
INDIA — (Continued)
*Noida Toll Bridge Co., Ltd.	475,115	$	352,941
*OCL India, Ltd.	84,049		244,989
*OMAXE, Ltd.	179,372		379,943
*Oracle Financial Services Software, Ltd.	400		19,439
*Orchid Chemicals & Pharmaceuticals, Ltd.	445,419		1,563,235
*Orient Paper & Industries, Ltd.	224,253		316,330
*Oriental Bank of Commerce	405,874		3,220,152
*Panacea Biotec, Ltd.	72,446		355,060
*Parsvnath Developers, Ltd.	365,608		1,015,218
Patel Engineering, Ltd.	17,847		182,027
*Patni Computer Systems, Ltd.	690,149		8,249,216
*Patni Computer Systems, Ltd. ADR	55,441		1,316,169
*Peninsula Land, Ltd.	166,015		275,516
*Petronet LNG, Ltd.	2,943,666		5,424,729
*Plethico Pharmaceuticals, Ltd.	35,619		306,072
Polaris Software Lab, Ltd.	396,842		1,628,719
Power Finance Corp, Ltd.	129,000		775,592
Prism Cement, Ltd.	403,741		534,392
*PSL, Ltd.	109,508		373,387
*PTC India, Ltd.	1,726,945		4,408,309
*Punj Lloyd, Ltd.	1,229,016		4,513,846
*Rain Commodities, Ltd.	215,083		852,439
*Ranbaxy Laboratories, Ltd.	996,377		9,889,533
*Raymond, Ltd.	340,181		1,802,320
REI Agro, Ltd.	1,058,470		1,122,698
*Rei Six Ten Retail, Ltd.	439,400		789,129
Reliance Capital, Ltd.	923,214		15,187,637
Reliance Communications, Ltd.	5,398,403		19,670,761
Reliance Industries, Ltd.	8,387,330		193,749,038
*Reliance Media World, Ltd.	20,606		28,800
*Reliance MediaWorks, Ltd.	60,906		284,438
*Reliance Power, Ltd.	3,653,954		13,230,107
Rolta India, Ltd.	1,217,326		5,117,600
*Ruchi Soya Industries, Ltd.	1,172,211		3,176,794
*S.Kumars Nationwide, Ltd.	1,242,979		2,010,207
*Sanghvi Movers, Ltd.	6,290		32,363
*SEAMEC, Ltd.	77,043		343,603
*Shipping Corp. of India, Ltd.	171,233		631,273
*Shiv-Vani Oil & Gas Exploration Services, Ltd.	59,179		559,410
Shriram Transport Finance Co., Ltd.	63,638		806,400
*Simplex Infrastructures, Ltd.	1,570		16,778
*SKF India, Ltd.	15,701		162,136
*Sobha Developers, Ltd.	7,094		49,599
*Sona Koyo Steering Systems, Ltd.	118,568		52,869
*South Indian Bank, Ltd.	600,569		2,335,254
*SREI Infrastructure Finance, Ltd.	818,844		1,460,212
SRF, Ltd.	266,306		1,282,880
State Bank of India, Ltd.	482,143		24,803,136
*Sterling Biotech, Ltd.	449,228		1,146,799
*Sterlite Industries (India), Ltd. ADR	914,201		16,583,606
Sterlite Industries (India), Ltd. Series A	1,436,564		26,407,545
*Sterlite Technologies, Ltd.	871,755		1,991,314
*Strides Arcolab, Ltd.	126,300		939,901
*Sundaram Finance, Ltd.	2,976		27,285
Sundram Fastners, Ltd.	55,097		64,911
*Suzlon Energy, Ltd.	3,384,835		5,183,913
*Syndicate Bank	1,422,728		2,958,511
*Tanla Solutions, Ltd.	617,458		612,512
*Tata Chemicals, Ltd.	763,975		6,052,450
*Tata Communications, Ltd. ADR	20,500		246,000
Tata Investment Corp., Ltd.	57,960		659,334

11

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
INDIA — (Continued)
*Tata Motors, Ltd.	698,424	$	13,531,404
Tata Steel, Ltd.	2,571,275		35,472,946
*Tata Tea, Ltd.	270,866		6,413,042
*Teledata Marine Solutions	267,258		206,348
*Time Technoplast, Ltd.	259,597		301,427
Transport Corp of India, Ltd.	62,728		176,234
*Trent, Ltd.	14,497		265,094
Triveni Engineering & Industries, Ltd.	240,000		601,590
*Tube Investments of India, Ltd.	642,055		1,370,772
TVS Motor Co., Ltd.	1,082,101		2,326,103
*Ucal Fuel Systems, Ltd.	18,195		33,856
*UCO Bank	190,461		293,348
*Unichem Laboratories, Ltd.	79,600		728,337
*Union Bank of India	797,003		5,564,258
*Unitech, Ltd.	236,181		443,339
*United Phosphorus, Ltd.	530,310		2,024,899
*Unity Infraprojects, Ltd.	123,415		315,654
*Usha Martin, Ltd.	1,017,075		2,168,075
*UTV Software Communications, Ltd.	3,058		29,692
*Vardhman Hotels, Ltd.	1,050		7,964
*Vardhman Textiles, Ltd.	97,658		577,748
*Varun Shipping Co., Ltd.	549,032		623,058
Videocon Industries, Ltd.	782,287		4,068,059
*Videsh Sanchar Nigam, Ltd.	727,705		4,397,631
*Vijaya Bank	150,292		180,006
*Walchandnagar Industries	77,633		400,107
*Welspun-Gujarat Stahl Rohren, Ltd.	206,876		1,254,354
*Wire & Wireless India, Ltd.	473,948		68,272
*Wockhardt, Ltd.	318,515		954,146
*Yes Bank, Ltd.	407,120		2,591,314
*Zee Entertainment Enterprises, Ltd.	1,188,271		8,065,821
*Zuari Industries, Ltd.	127,958		1,899,118
*Zylog Systems, Ltd.	6,889		61,811
TOTAL INDIA			1,132,037,861
INDONESIA — (2.7%)
*PT Agis Tbk	2,012,000		56,014
*PT AKR Corporindo Tbk	19,205,900		2,170,723
PT Aneka Tambang Tbk	18,602,500		4,953,567
*PT Asahimas Flat Glass Tbk	5,333,500		1,856,214
PT Astra International Tbk	3,094,900		15,993,091
*PT Bakrie & Brothers Tbk	683,539,250		5,203,671
*PT Bakrie Sumatera Plantations Tbk	25,374,500		1,376,815
*PT Bakrie Telecom Tbk	149,327,000		2,260,117
*PT Bakrieland Development Tbk	343,219,020		8,765,380
*PT Bank Bukopin Tbk	14,942,000		999,151
PT Bank Danamon Indonesia Tbk	3,705,803		2,350,757
PT Bank Negara Indonesia Persero Tbk	19,905,000		5,665,288
*PT Bank Pan Indonesia Tbk	121,357,326		16,940,020
*PT Barito Pacific Tbk	7,004,500		963,713
*PT Berlian Laju Tanker Tbk	69,965,733		5,111,282
*PT Bhakti Investama Tbk	60,568,175		5,381,614
*PT Budi Acid Jaya Tbk	14,289,000		379,543
PT Bumi Resources Tbk	203,907,500		52,330,845
*PT Central Proteinaprima Tbk	178,071,500		971,101
*PT Charoen Pokphand Indonesia Tbk	22,653,666		7,461,148
*PT Ciputra Development Tbk	38,368,000		3,727,010
*PT Ciputra Surya Tbk	17,718,000		1,352,914
*PT Clipan Finance Indonesia Tbk	3,636,000		130,203
*PT Darma Henwa Tbk	127,218,300		1,450,470
*PT Davomas Adabi Tbk	139,739,500		1,441,732

12

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
INDONESIA — (Continued)
PT Dynaplast Tbk	3,040,000	$	345,684
*PT Elnusa Tbk	964,000		54,682
*PT Energi Mega Persada Tbk	242,527,782		3,890,782
*PT Ever Shine Textile Tbk	19,347,215		120,196
*PT Gajah Tunggal Tbk	420,000		47,856
PT Global Mediacom Tbk	96,453,500		4,288,840
*PT Gozco Plantations Tbk	6,032,000		280,552
*PT Great River International Tbk	1,788,000		—
PT Gudang Garam Tbk	6,628,500		20,111,963
*PT Hero Supermarket Tbk	220,000		134,236
*PT Indah Kiat Pulp and Paper Corp. Tbk	26,532,500		6,746,151
PT Indofood Sukses Makmur Tbk	23,548,500		10,046,859
PT International Nickel Indonesia Tbk	35,816,500		19,445,338
*PT Intiland Development Tbk	407,500		49,378
*PT Jaya Real Property Tbk	25,528,000		2,466,464
PT Kalbe Farma Tbk	1,510,500		344,271
*PT Kawasan Industry Jababeka Tbk	187,435,000		2,608,223
*PT Lautan Luas Tbk	2,102,000		191,052
*PT Lippo Karawaci Tbk	131,184,250		8,422,351
*PT Matahari Putra Prima Tbk	35,296,900		4,143,770
*PT Mayorah Indah Tbk	8,807,572		4,801,273
*PT Medco Energi International Tbk	28,604,500		9,208,447
*PT Mitra Rajasa Tbk	12,508,500		447,035
*PT Panasia Indosyntec Tbk	403,200		10,512
*PT Panin Financial Tbk	183,439,000		4,406,526
*PT Panin Insurance Tbk	30,688,500		1,272,286
*PT Perusahaan Perkebunan London Sumatra Indonesia Tbk	433,000		458,147
*PT Ramayana Lestari Sentosa Tbk	9,283,000		866,495
*PT Sampoerna Agro Tbk	1,385,000		409,684
*PT Samudera Indonesia Tbk	415,500		164,586
PT Selamat Sempurna Tbk	10,624,000		1,567,553
*PT Sentul City Tbk	10,546,000		187,670
PT Sinar Mas Agro Resources & Technology Tbk	8,067,900		3,561,281
*PT Sorini Agro Asia Corporindo Tbk	5,753,500		1,038,365
*PT Summarecon Agung Tbk	60,663,000		6,476,529
*PT Sunson Textile Manufacturer Tbk	6,012,000		160,071
*PT Surya Dumai Industri Tbk	5,145,000		—
*PT Surya Toto Indonesia Tbk	46,400		43,754
*PT Suryainti Permata Tbk	17,378,000		171,582
*PT Tigaraksa Satria Tbk	165,200		6,048
*PT Timah Tbk	16,420,500		4,833,256
*PT Trimegah Sec Tbk	34,298,000		532,696
*PT Truba Alam Manunggal Engineering Tbk	129,244,500		1,799,829
PT Tunas Ridean Tbk	11,363,500		3,511,441
*PT Ultrajaya Milk Industry & Trading Co. Tbk	13,717,500		980,607
*PT Unggul Indah Cahaya Tbk	371,435		83,340
*PT Wijaya Karya Tbk	173,000		8,102
TOTAL INDONESIA			280,038,146
ISRAEL — (1.8%)
*Alvarion, Ltd.	740,379		2,799,171
*Ashtrom Properties, Ltd.	129,484		239,060
*AudioCodes, Ltd.	8,081		32,924
*Azorim Investment Development & Construction Co., Ltd.	13,397		65,887
*Bank Hapoalim B.M.	9,381,586		37,771,747
*Bank Leumi Le-Israel B.M.	8,608,708		36,762,416
*Bank of Jerusalem, Ltd.	70,475		151,568
*Baran Group, Ltd.	97,587		707,602
Blue Square-Israel, Ltd.	57,074		732,853
Clal Industries & Investments, Ltd.	862,760		6,012,891
*Clal Insurance Enterprise Holdings, Ltd.	257,315		6,126,163

13

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
ISRAEL — (Continued)
*Delta-Galil Industries, Ltd.	—	$	3
*Direct Insurance - I.D.I. Insurance Co., Ltd.	26,799		65,449
Discount Investment Corp.	168,564		3,875,907
*Elbit Medical Imaging, Ltd.	134,359		2,821,144
*Electra (Israel), Ltd.	15,789		1,697,115
*Electra Real Estate, Ltd.	—		1
*Elron Electronic Industries, Ltd.	274,219		1,941,498
*Feuchtwanger Investments, Ltd.	10,500		34
*First International Bank of Israel, Ltd. (6123804)	570,205		2,036,472
*First International Bank of Israel, Ltd. (6123815)	284,195		5,150,627
*Formula Systems, Ltd.	81,043		1,024,081
*Formula Vision Technologies, Ltd.	—		—
*Frutarom Industries, Ltd.	159,333		1,416,745
*Granite Hacarmel Investments, Ltd.	140,267		342,466
*Hadera Paper, Ltd.	25,544		2,067,876
*Harel Insurance Investments & Finances, Ltd.	104,509		5,671,326
Israel Cold Storage & Supply Co., Ltd.	7,000		72,523
*Israel Discount Bank, Ltd.	1,025,206		2,091,383
*Israel Petrochemical Enterprises, Ltd.	76,262		311,336
*Israel Steel Mills, Ltd.	97,000		1,015
Ituran Location & Control, Ltd.	47,663		726,796
*Jerusalem Oil Exploration, Ltd.	33,870		607,324
*Kardan Israel, Ltd.	2,237		4,043
*Knafaim Arkia Holdings, Ltd.	110,791		558,537
Koor Industries, Ltd.	111,976		2,815,677
*Liberty Properties, Ltd.	3,457		40,106
*Magal Security Systems, Ltd.	16,953		63,751
Makhteshim-Agan Industries, Ltd.	578,190		2,426,888
*Mellanox Technologies, Ltd.	7,083		178,614
*Menorah Mivtachim Holdings, Ltd.	231,727		3,058,449
Merhav-Ceramic & Building Materials Center, Ltd.	32,832		73,365
*Migdal Insurance & Financial Holdings, Ltd.	3,096,089		6,277,603
*Miloumor, Ltd.	97,997		6,835
*Minrav Holdings, Ltd.	2,000		138,664
*Mivtach Shamir Holdings, Ltd.	42,025		1,448,371
*Mizrahi Tefahot Bank, Ltd.	1,255,222		11,161,225
*Naphtha Israel Petroleum Corp.	146,351		621,160
*NICE Systems, Ltd. Sponsored ADR	212,385		6,755,967
*OCIF Investments and Development, Ltd.	3,706		14,630
Oil Refineries, Ltd.	10,034,026		6,206,854
Ormat Industries, Ltd.	1,031,683		8,219,252
*Phoenix Holdings, Ltd. (The)	230,071		748,697
*RADVision, Ltd.	62,812		403,725
*Retalix, Ltd.	225,650		2,875,927
*Scailex Corp, Ltd.	416,611		8,895,482
Team Computer & Systems, Ltd.	2,615		71,469
*Union Bank of Israel, Ltd.	446,368		2,092,058
TOTAL ISRAEL			188,480,752
MALAYSIA — (3.6%)
*A&M Realty Berhad	720,700		138,421
Affin Holdings Berhad	9,611,900		9,019,645
*Airasia Berhad	5,464,800		2,302,432
Alliance Financial Group Berhad	11,988,000		11,684,457
*AMBD Berhad	927,567		139,986
AMMB Holdings Berhad	21,831,262		33,897,062
Ann Joo Resources Berhad	2,857,200		2,546,468
*APM Automotive Holdings Berhad	1,068,100		1,468,908
Apollo Food Holdings Berhad	109,000		99,300
*Asas Dunia Berhad	350,000		81,655
*Asia Pacific Land Berhad	5,644,300		520,249

14

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
MALAYSIA — (Continued)
*Axiata Group Berhad	1,074,850	$	1,309,135
*Bandar Raya Developments Berhad	4,087,800		2,273,981
Batu Kawan Berhad	2,242,250		7,517,373
Berjaya Corp. Berhad	17,757,880		9,436,734
Berjaya Land Berhad	3,305,000		4,392,283
*Berjaya Media Berhad	425,300		120,828
Bimb Holdings Berhad	2,170,800		901,736
*Bina Darulaman Berhad	60,800		18,031
*Bolton Properties Berhad	1,277,400		283,761
Boustead Holdings Berhad	4,738,580		5,294,641
*Cahya Mata Sarawak Berhad	1,545,200		1,188,451
*Chemical Co. of Malaysia Berhad	311,000		217,462
Chin Teck Plantations Berhad	304,700		744,804
*Country Heights Holdings Berhad	37,300		8,003
*CSC Steel Holdings Berhad	1,211,200		732,513
*Cycle & Carriage Bintang Berhad	241,300		392,818
*Datuk Keramik Holdings Berhad	127,000		—
*Dijaya Corp. Berhad	714,500		252,684
DNP Holdings Berhad	1,861,100		752,288
DRB-Hicom Berhad	9,932,000		3,463,270
*Eastern & Oriental Berhad	7,752,915		2,371,536
*Eastern Pacific Industrial Corp. Berhad	497,700		246,551
*ECM Libra Avenue Berhad	7,043,530		1,614,814
EON Capital Berhad	3,626,007		8,024,550
*Esso Malaysia Berhad	954,100		810,544
*Evergreen Fibreboard Berhad	641,000		316,732
*Far East Holdings Berhad	388,800		793,003
*Fountain View Development Berhad	2,573,200		—
*General Corp. Berhad	1,681,400		851,173
Genting Plantations Berhad	788,200		1,671,689
Glomac Berhad	1,706,800		729,373
*Gold Is Berhad	2,412,900		1,050,746
*Gula Perak Berhad	50		1
*GuocoLand (Malaysia) Berhad	522,800		167,460
*Hap Seng Consolidated Berhad	2,582,300		2,264,032
*Hap Seng Plantations Holdings Berhad	1,701,400		1,299,422
Hong Leong Financial Group Berhad	1,876,137		5,091,710
Hong Leong Industries Berhad	1,225,800		1,762,402
*Hubline Berhad	1,629,600		98,725
Hunza Properties Berhad	1,033,300		394,671
Hwang-DBS (Malaysia) Berhad	908,700		481,277
IGB Corp. Berhad	11,559,000		6,616,557
IJM Corp. Berhad	15,038,680		23,154,782
*IJM Land Berhad	3,923,300		2,835,819
*Insas Berhad	4,347,408		776,356
*Jaks Resources Berhad	3,438,000		856,413
*Jaya Tiasa Holdings Berhad	1,192,135		1,366,601
Jerneh Asia Berhad	544,220		512,758
*K & N Kenanga Holdings Berhad	2,220,800		602,612
*Karambunai Corp. Berhad	6,839,800		138,032
*Keck Seng (Malaysia) Berhad	1,663,400		2,777,760
*Kian Joo Can Factory Berhad	3,566,680		1,373,985
*KIG Glass Industrial Berhad	260,000		2,449
Kim Loong Resources Berhad	324,800		209,251
*Kinsteel Berhad	6,960,700		2,178,861
KLCC Property Holdings Berhad	6,330,700		6,375,301
*KNM Group Berhad	10,061,700		1,669,850
*Knusford Berhad	139,300		61,459
KPJ Healthcare Berhad	2,034,950		1,849,694
KrisAssets Holdings Berhad	250,377		232,500
*KSL Holdings Berhad	256,566		116,679

15

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
MALAYSIA — (Continued)
*Kub Malaysia Berhad	5,214,000	$	774,398
Kulim Malaysia Berhad	2,761,625		6,384,977
*Kumpulan Hartanah Selangor Berhad	520,000		74,224
*Kumpulan Perangsang Selangor Berhad	1,128,400		502,718
Kwantas Corp. Berhad	246,000		139,363
*Landmarks Berhad	4,118,808		1,534,423
Leader Universal Holdings Berhad	5,383,033		1,628,120
*Lion Corp Berhad	7,984,307		816,285
Lion Diversified Holdings Berhad	5,448,100		740,576
Lion Industries Corp. Berhad	7,130,681		3,900,853
*MAA Holdings Berhad	888,700		196,208
Malaysia Airports Holdings Berhad	161,600		250,227
*Malaysia Building Society Berhad	815,000		293,762
Malaysian Bulk Carriers Berhad	1,148,225		1,114,199
*Malaysian Mosaics Berhad	293,040		130,208
*Malaysian Resources Corp. Berhad	75,000		36,421
MBM Resources Berhad	487,533		431,066
*Measat Global Berhad	2,643,100		2,197,687
*Mega First Corp. Berhad	1,101,700		578,276
*Merge Housing Berhad	63,162		8,925
*Metro Kajang Holdings Berhad	562,099		232,394
*Metroplex Berhad	817,000		—
*MISC Berhad	330,240		922,200
*MK Land Holdings Berhad	10,344,500		1,092,191
MMC Corp. Berhad	10,879,779		8,447,110
*MNRB Holdings Berhad	1,150,800		1,052,864
*MTD ACPI Engineering Berhad	74,200		11,112
*Muhibbah Engineering Berhad	4,845,400		1,491,782
MUI Properties Berhad	670,000		30,690
*Mulpha International Berhad	33,546,200		5,270,858
MWE Holdings Berhad	270,000		83,485
Naim Holdings Berhad	1,130,000		1,204,445
*NCB Holdings Berhad	2,447,800		2,567,572
Negri Sembilan Oil Palms Berhad	167,600		235,200
*NV Multi Corp. Berhad	165,700		39,502
Oriental Holdings Berhad	3,044,816		5,782,224
Oriental Interest Berhad	165,000		69,806
*OSK Holdings Berhad	6,549,647		2,925,740
*OSK Ventures International Berhad	793,897		143,693
*P.I.E. Industrial Berhad	323,600		454,348
*Pacific & Orient Berhad	283,365		112,921
Panasonic Manufacturing Malaysia Berhad	383,380		2,032,740
*Paracorp Berhad	252,000		791
*Paramount Corp. Berhad	203,900		234,775
PBA Holdings Berhad	1,502,500		424,553
*Pelikan International Corp. Berhad	4,130,320		1,577,496
*Permaju Industries Berhad	1,703,300		212,043
Petronas Dagangan Berhad	318,700		903,767
PJ Development Holdings Berhad	2,768,800		679,197
*POS Malaysia Berhad	3,546,617		3,195,711
PPB Group Berhad	6,909,766		38,448,675
*Prime Utilities Berhad	39,000		1,102
Protasco Berhad	282,200		90,881
*Proton Holdings Berhad	3,786,000		5,665,706
*Pulai Springs Berhad	159,800		32,868
*Ramunia Holdings Berhad	2,434,736		292,492
Ranhill Berhad	3,026,600		701,160
*RCE Capital Berhad	2,137,200		437,630
RHB Capital Berhad	5,561,200		10,727,168
*Salcon Berhad	574,000		128,260
*Sarawak Oil Palms Berhad	391,820		347,040

16

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
MALAYSIA — (Continued)
Scientex, Inc. Berhad	645,048	$	291,839
*Scomi Group Berhad	13,422,000		1,892,216
*Selangor Dredging Berhad	1,312,700		224,080
Shangri-La Hotels (Malaysia) Berhad	738,000		483,086
Shell Refining Co. Federation of Malaysia Berhad	217,100		733,194
*SHL Consolidated Berhad	1,008,700		384,855
*Sino Hua-An International Berhad	2,168,400		301,714
Southern Steel Berhad	1,500,500		1,120,179
Subur Tiasa Holdings Berhad	460,530		313,835
Sunrise Berhad	4,434,634		3,002,167
*Sunway City Berhad	3,565,000		4,340,336
*Sunway Holdings Berhad	4,319,400		2,054,454
Suria Capital Holdings Berhad	590,800		279,947
*Ta Ann Holdings Berhad	193,300		344,665
*TA Enterprise Berhad	14,799,300		3,176,414
*TA Global Berhad (B3X17H6)	8,465,879		1,110,399
*TA Global Berhad (B4LM6X7)	8,465,879		845,589
*Tahp Group Berhad	27,000		29,326
*Talam Corp. Berhad	17,833,050		778,354
*Tamco Corp. Holdings Berhad	71		1
*Tan Chong Motor Holdings Berhad	5,244,500		7,528,052
*TDM Berhad	1,059,200		638,554
*Tebrau Teguh Berhad	5,320,066		1,045,692
*Time Dotcom Berhad	16,781,400		2,466,166
*Tiong Nam Transport Holdings Berhad	141,500		37,268
*Titan Chemicals Corp. Berhad	4,035,900		1,634,786
*Tradewinds (Malaysia) Berhad	879,400		886,498
*Tradewinds Corp. Berhad	5,413,100		1,066,057
UAC Berhad	77,398		86,865
UMW Holdings Berhad	2,107,286		4,166,200
*Unico-Desa Plantations Berhad	4,120,228		1,230,964
*Unisem (M) Berhad	4,515,600		4,864,663
United Malacca Rubber Estates Berhad	577,100		1,418,453
United Plantations Berhad	617,400		2,731,054
VS Industry Berhad	1,337,193		542,289
*WCT Berhad	1,235,300		1,132,754
*WTK Holdings Berhad	4,386,550		1,784,635
*Yeo Hiap Seng (Malaysia) Berhad	355,320		157,676
YTL Cement Berhad	11,100		15,008
YTL Corp. Berhad	6,072,572		14,077,141
*Yu Neh Huat Berhad	4,969,246		2,745,984
*Zelan Berhad	4,989,300		952,909
TOTAL MALAYSIA			377,900,935
MEXICO — (6.1%)
#Alfa S.A.B. de C.V. Series A	4,088,867		31,881,357
#*Alsea de Mexico S.A.B. de C.V.	2,618,100		2,808,999
#*Axtel S.A.B. de C.V.	5,663,540		3,905,334
#*Bolsa Mexicana de Valores S.A. de C.V.	1,403,300		2,382,097
*Carso Infraestructura y Construccion S.A.B. de C.V.	57,500		37,361
#*Cemex S.A.B. de C.V. Sponsored ADR	9,390,578		111,560,067
*Coca-Cola Femsa S.A.B. de C.V. Sponsored ADR	266,807		18,676,490
#*Consorcio ARA S.A.B. de C.V.	10,348,200		7,144,080
#*Corporacion GEO S.A.B. de C.V. Series B	5,771,482		18,276,926
*Corporacion Interamericana de Entramiento S.A.B. de C.V. Series B	1,639,586		840,284
*Corporacion Mexicana de Restaurantes S.A.B. de C.V. Series B	3,689		956
Corporativo Fragua S.A.B. de C.V. Series B	70		580
#*Desarrolladora Homex S.A.B. de C.V.	1,653,700		8,007,764
*Desarrolladora Homex S.A.B. de C.V. ADR	89,700		2,596,815
*Dine S.A.B. de C.V.	1,028,367		609,724
*El Puerto de Liverpool S.A.B. de C.V. Series 1	20,000		113,708

17

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
MEXICO — (Continued)
El Puerto de Liverpool S.A.B. de C.V. Series C1	328,600	$	1,774,810
#Embotelladora Arca S.A.B. de C.V.	1,584,500		5,984,223
*Empaques Ponderosa S.A. de C.V. Series B	90,000		6,579
#*Empresas ICA S.A.B. de C.V.	2,318,272		6,111,889
*Empresas ICA S.A.B. de C.V. Sponsored ADR	1,118,155		11,818,898
#Fomento Economico Mexicano S.A.B. de C.V. Series B & D	1,440,300		6,822,335
#*Fomento Economico Mexicano S.A.B. de C.V. Sponsored ADR	1,360,037		64,370,551
*GMD Resorts S.A.B. de C.V.	41,400		13,114
*Gruma S.A.B. de C.V. ADR	15,222		111,425
#*Gruma S.A.B. de C.V. Series B	833,000		1,535,796
#Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.	613,500		1,160,504
#Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. ADR	31,318		474,468
*Grupo Aeroportuario del Pacifico S.A.B. de C.V. ADR	584,789		20,707,378
#*Grupo Aeroportuario del Sureste S.A.B. de C.V.	727,300		4,054,651
#*Grupo Aeroportuario del Sureste S.A.B. de C.V. ADR	220,143		12,182,714
#Grupo Carso S.A.B. de C.V. Series A-1	10,578,093		38,696,202
*Grupo Cementos de Chihuahua S.A.B. de C.V.	2,799,892		9,905,850
#*Grupo Famsa S.A.B. de C.V.	1,918,478		3,521,501
#Grupo Financiero Banorte S.A.B. de C.V.	10,027,360		40,313,860
#Grupo Financiero Inbursa S.A.B. de C.V. Series O	8,260,033		27,834,780
*Grupo Gigante S.A.B. de C.V. Series B	324,076		508,004
*Grupo Herdez S.A.B. de C.V.	319,000		473,360
Grupo Industrial Maseca S.A.B. de C.V. Series B	2,726,900		2,436,265
*Grupo Industrial Saltillo S.A.B. de C.V.	1,341,869		1,101,853
*Grupo Iusacell S.A.B. de C.V.	147,860		576,441
*Grupo Kuo S.A.B. de C.V. Series B	2,038,967		2,599,994
*Grupo Mexicano de Desarrollo S.A.B. de C.V.	43,400		38,774
#Grupo Mexico S.A.B. de C.V. Series B	24,866,224		65,617,870
*Grupo Posadas S.A. de C.V. Series L	356,000		453,954
*Grupo Qumma S.A. de C.V. Series B	5,301		77
#*Grupo Simec, S.A. de C.V.	1,253,200		3,505,469
#*Grupo Simec, S.A. de C.V. Sponsored ADR	8,200		68,552
#*Industrias Bachoco S.A.B. de C.V. Series B	810,300		1,487,363
#*Industrias CH S.A.B. de C.V. Series B	2,810,192		11,802,475
#Industrias Penoles S.A.B. de C.V.	445,975		9,472,067
*Maxcom Telecomunicaciones S.A.B. de C.V.	400,181		261,646
#*Organizacion Soriana S.A.B. de C.V. Series B	14,451,500		43,217,465
*Qualitas Compania de Seguros S.A. de C.V.	2,048,200		1,414,014
#*SARE Holding S.A. de C.V.	3,301,100		1,131,446
*Savia S.A. de C.V.	3,457,285		224,640
Telmex Internacional S.A.B. de C.V. ADR	527,631		10,077,752
*Urbi Desarrollos Urbanos S.A.B. de C.V.	5,559,050		12,935,636
*Vitro S.A.B. de C.V.	1,896,658		1,671,404
TOTAL MEXICO			637,320,591
PHILIPPINES — (0.8%)
A. Soriano Corp.	20,195,000		1,023,611
Alaska Milk Corp.	7,953,000		1,535,409
Alsons Consolidated Resources, Inc.	16,904,000		358,446
Bacnotan Consolidated Industries, Inc.	2,551,998		596,959
Banco de Oro Unibank, Inc.	7,364,320		6,900,486
*Benpres Holdings Corp.	25,704,000		1,964,411
Cebu Holdings, Inc.	7,590,250		365,628
*China Banking Corp.	8,796		72,978
*Digital Telecommunications Phils., Inc.	80,319,000		2,401,890
*DMCI Holdings, Inc.	14,082,280		5,332,568
*Empire East Land Holdings, Inc.	37,000,000		347,146
*Export & Industry Bank, Inc.	14,950		87
*Filinvest Land, Inc.	168,982,031		3,639,480
*Filipina Water Bottling Corp.	5,471,786		—
First Philippines Holdings Corp.	3,810,100		4,712,567

18

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
PHILIPPINES — (Continued)
*Macroasia Corp.	1,663,000	$	106,544
*Megaworld Corp.	176,933,600		5,226,608
Metro Bank & Trust Co.	8,451,855		9,948,878
*Mondragon International Philippines, Inc.	2,464,000		6,928
*Philippine National Bank	3,866,918		2,663,223
*Philippine National Construction Corp.	398,900		43,963
*Philippine Realty & Holdings Corp.	5,860,000		84,783
Philippine Savings Bank	1,232,313		1,438,034
*Philippine Townships, Inc.	226,200		24,167
*Prime Media Holdings, Inc.	330,000		12,601
*Prime Orion Philippines, Inc.	12,310,000		121,126
*Rizal Commercial Banking Corp.	4,481,648		2,048,054
*Robinson’s Land Corp. Series B	17,781,700		6,028,801
Security Bank Corp.	2,362,810		3,144,912
Shang Properties, Inc.	614,285		25,309
*SM Development Corp.	34,351,997		5,092,789
*Solid Group, Inc.	10,648,000		189,653
*Union Bank Of Philippines	2,567,094		2,613,691
*Universal Robina Corp.	16,573,345		9,445,408
Vista Land & Lifescapes, Inc.	45,259,868		1,921,115
TOTAL PHILIPPINES			79,438,253
POLAND — (1.9%)
*Agora SA	559,848		4,946,066
*Amica SA	31,101		428,470
Asseco Poland SA (5978953)	490,586		9,400,251
*Asseco Poland SA (B67R6N0)	24,167		466,413
*Bank Handlowy w Warszawie SA	83,949		2,299,411
*Bank Millennium SA	7,878,968		12,908,505
*Bank Przemyslowo Handlowy BPH SA	72,355		1,738,092
*Bioton SA	31,475,429		2,342,003
*BOMI SA	121,150		612,067
*Boryszew SA (B07DNZ7)	92,000		64,889
*Boryszew SA (B4LJKF8)	1,644,644		1,082,204
*Ciech SA	176,009		1,952,368
*Debica SA	111,346		3,049,939
*Dom Development SA	46,421		952,655
*Dom Maklerski IDM SA	1,236,710		1,097,158
*Echo Investment SA	2,412,970		3,734,399
*Emperia Holding SA	17,706		481,115
*Farmacol SA	5,526		79,779
*Gant Development SA	24,385		209,020
*Getin Holdings SA	1,681,394		6,183,085
*Grupa Kety SA	126,858		5,056,804
*Grupa Lotos SA	970,047		10,785,516
*Impexmetal SA	5,899,609		7,839,430
*ING Bank Slaski SA	4,428		1,165,154
KGHM Polska Miedz SA	589,294		21,977,328
*Koelner SA	133,110		630,584
*Kredyt Bank SA	619,815		3,287,286
*LC Corp. SA	1,737,902		902,669
*MCI Management SA	50,000		112,966
*MNI SA	196,542		258,007
*Mostostal Warszawa SA	1,910		47,099
*Netia Holdings SA	3,441,202		5,731,716
*Orbis SA	541,449		7,411,839
*Pfleiderer Grajewo SA	55,572		177,198
*Pol-Aqua SA	12,548		95,195
*Polnord SA	129,030		1,826,553
*Polska Grupa Farmaceutyczna SA	1,548		24,049
*Polski Koncern Naftowy Orlen SA	5,310,008		69,944,404

19

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
POLAND — (Continued)
*Przedsiebiorstwo Eksportu Inzyn Importu Kopex SA	349,860	$	2,527,612
*Stalexport SA	989,216		625,854
*Sygnity SA	144,485		817,700
*Synthos SA	9,098,514		5,433,133
Zaklady Azotowe Pulawy SA	12,655		286,091
*Zaklady Azotowe w Tarnowie-Moscicach SA	18,179		102,598
*Zaklady Chemiczne Police SA	8,000		16,980
TOTAL POLAND			201,111,654
RUSSIA — (4.4%)
*Gazprom OAO Sponsored ADR	13,511,358		310,169,635
*Lukoil OAO Sponsored ADR	2,257,507		126,982,766
*Magnitogorsk Iron & Steel Works Sponsored GDR	51,321		693,142
*RusHydro Sponsored ADR	643,944		3,689,970
*Surgutneftegaz Sponsored ADR	2,583,456		24,450,703
TOTAL RUSSIA			465,986,216
SOUTH AFRICA — (7.8%)
ABSA Group, Ltd.	2,880,669		54,585,389
Adcorp Holdings, Ltd.	403,266		1,447,580
*Advtech, Ltd.	61,000		50,138
*Aeci, Ltd.	1,635,500		14,852,507
Afgri, Ltd.	4,163,488		3,849,876
African Bank Investments, Ltd.	3,883,766		18,475,643
*African Oxygen, Ltd.	483,214		1,515,319
African Rainbow Minerals, Ltd.	1,051,158		27,791,167
*Allied Electronics Corp., Ltd.	540,180		2,036,108
*ArcelorMittal South Africa, Ltd.	1,181,832		13,511,087
*Argent Industrial, Ltd.	1,272,940		1,585,089
*Argility, Ltd.	130,947		—
AST Group, Ltd.	1,842,229		245,498
Aveng, Ltd.	3,648,743		18,303,099
AVI, Ltd.	3,706,786		12,051,618
*Avusa, Ltd.	433,729		1,156,183
#Barloworld, Ltd.	2,477,983		16,428,924
*Basil Read Holdings, Ltd.	47,439		86,269
*Bell Equipment, Ltd.	411,045		645,777
Bidvest Group, Ltd.	140,005		2,566,626
*Blue Label Telecoms, Ltd.	80,000		55,263
Brait SA	206,315		586,218
Business Connexion Group	641,608		533,686
Capitec Bank Holdings, Ltd.	153,767		2,112,578
*Cashbuild, Ltd.	3,848		38,288
Caxton & CTP Publishers & Printers, Ltd.	3,015,054		6,038,149
*Cipla Medpro South Africa, Ltd.	3,320,095		2,513,268
*Corpgro, Ltd.	579,166		—
Data Tec, Ltd.	2,446,932		11,184,165
*Datacentrix Holdings, Ltd.	797,381		448,747
Delta EMD, Ltd.	234,340		433,902
Dimension Data Holdings P.L.C.	2,863,946		3,986,506
Discovery Holdings, Ltd.	69		334
Distell Group, Ltd.	381,096		3,422,768
*Distribution & Warehousing Network, Ltd.	216,722		235,537
#*Durban Roodeport Deep, Ltd.	1,462,175		755,277
ElementOne, Ltd.	391,810		623,268
*Eqstra Holdings, Ltd.	1,046,627		845,791
Exxaro Resources, Ltd.	421		6,974
FirstRand, Ltd.	4,353,231		11,960,481
Foschini, Ltd.	17,269		158,664
Freeworld Coatings, Ltd.	2,157,475		2,965,661
Gold Fields, Ltd.	487,041		6,486,260

20

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH AFRICA — (Continued)
#Gold Fields, Ltd. Sponsored ADR	5,716,550	$	76,830,432
*Gold Reef Resorts, Ltd.	395,634		981,308
Grindrod, Ltd.	3,106,069		6,865,872
*Group Five, Ltd.	465,209		2,333,210
Harmony Gold Mining Co., Ltd.	2,923,251		28,494,641
#Harmony Gold Mining Co., Ltd. Sponsored ADR	1,392,939		13,609,014
*Highveld Steel and Vanadium Corp., Ltd.	191,670		2,135,257
Hudaco Industries, Ltd.	162,006		1,618,029
*Hulamin, Ltd.	882,088		1,262,233
*Iliad Africa, Ltd.	90,323		105,737
Illovo Sugar, Ltd.	1,208,771		4,756,106
Impala Platinum Holdings, Ltd.	181,958		5,102,971
Imperial Holdings, Ltd.	1,354,335		18,123,223
Investec, Ltd.	2,346,934		19,690,040
*JCI, Ltd.	4,289,448		—
JD Group, Ltd.	1,488,772		8,971,249
Lewis Group, Ltd.	1,180,721		9,842,461
Liberty Holdings, Ltd.	1,449,071		14,905,085
M Cubed Holdings, Ltd.	1,850,526		50,106
Medi-Clinic Corp., Ltd.	2,442,886		8,798,380
Merafe Resources, Ltd.	17,016,521		4,157,850
*Metair Investments, Ltd.	1,650,332		1,693,127
*Metorex, Ltd.	3,338,600		1,895,949
*Metropolitan Holdings, Ltd.	8,819,158		19,911,880
Mondi, Ltd.	1,322,281		9,265,695
Murray & Roberts Holdings, Ltd.	175,083		990,214
*Mvelaphanda Group, Ltd.	4,125,843		4,985,748
Nampak, Ltd.	5,935,508		14,583,445
Nedbank Group, Ltd.	2,742,434		49,542,334
#Northam Platinum, Ltd.	1,101,749		7,799,498
*Omnia Holdings, Ltd.	555,232		4,870,993
Palabora Mining Co., Ltd.	192,276		3,373,662
*Peregrine Holdings, Ltd.	1,366,171		2,372,112
*Pioneer Foods, Ltd.	30,507		162,431
PSG Group, Ltd.	1,192,717		4,534,295
*Randgold & Exploration Co., Ltd.	256,811		—
Redefine Properties, Ltd.	32,990		35,191
Reunert, Ltd.	345,609		2,688,043
Sanlam, Ltd.	28,700,406		93,412,980
*Sappi, Ltd.	3,781,281		15,785,346
#*Sappi, Ltd. Sponsored ADR	773,119		3,262,562
Sasol, Ltd. Sponsored ADR	704,259		28,628,128
*Sentula Mining, Ltd.	404,520		165,617
*Simmer & Jack Mines, Ltd.	1,049,068		189,062
Spur Corp., Ltd.	371,715		637,289
Standard Bank Group, Ltd.	1,147,053		17,440,616
Stefanutti Stocks Holdings, Ltd.	19,889		31,730
Steinhoff International Holdings, Ltd.	12,351,279		33,792,959
*Super Group, Ltd.	5,017,059		498,669
Telkom South Africa, Ltd.	2,104,916		10,458,530
*Telkom South Africa, Ltd. Sponsored ADR	5,288		106,183
*Tongaat-Hulett, Ltd.	193,812		2,710,322
*Trans Hex Group, Ltd.	34,840		17,271
Trencor, Ltd.	1,468,675		6,344,397
UCS Group, Ltd.	1,547,424		433,257
Value Group, Ltd.	976,777		475,425
*Zeder Investments, Ltd.	845,529		239,244
TOTAL SOUTH AFRICA			818,543,090
SOUTH KOREA — (11.3%)
#Aekyung Petrochemical Co., Ltd.	25,450		414,662

21

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
#Asia Cement Manufacturing Co., Ltd.	28,888	$	1,317,225
#Asia Paper Manufacturing Co., Ltd.	34,410		432,263
*Asiana Airlines, Inc.	677,300		3,600,446
#*Basic House Co., Ltd. (The)	100,340		783,522
#Bing Grae Co., Ltd.	29,190		1,292,371
#*BNG Steel Co., Ltd.	55,130		549,932
*Boo Kook Securities Co., Ltd.	27,705		490,269
#Boryung Pharmaceutical Co., Ltd.	34,556		496,957
Busan Bank	917,340		9,762,797
BYC Co., Ltd.	810		112,804
Byuck San Corp.	10,472		98,977
*Byuck San Engineering and Construction Co., Ltd.	87,860		178,356
Cheil Industrial, Inc.	53,986		3,869,994
#*Chin Hung International, Inc.	1,522,360		720,863
#Chong Kun Dang Pharmaceutical Corp.	42,960		695,405
#Choongwae Pharmaceutical Corp.	53,015		874,022
#Chosun Refractories Co., Ltd.	10,390		528,649
#Chungho Comnet Co., Ltd.	24,590		224,564
#CJ Cheiljedang Corp.	37,817		7,520,227
#CJ Corp.	133,605		7,720,621
#*Cosmochemical Co., Ltd.	47,640		294,793
Crown Confectionery Co., Ltd.	3,342		250,423
Dae Dong Industrial Co., Ltd.	17,410		450,821
#*Dae Sang Corp.	158,432		1,123,129
#Dae Won Kang Up Co., Ltd.	318,816		772,066
*Daechang Co., Ltd.	9,700		18,191
Daeduck Electronics Co., Ltd.	246,280		1,318,161
#Daeduck Industries Co., Ltd.	128,410		1,281,379
Daegu Bank Co., Ltd.	883,822		11,681,735
*Daegu Department Store Co., Ltd.	55,901		586,692
#Daehan Flour Mills Co., Ltd.	8,122		1,076,395
#Daehan Steel Co., Ltd.	73,180		740,905
Daehan Synthetic Fiber Co., Ltd.	5,193		330,244
Daekyo Co., Ltd.	346,480		1,822,123
Daelim Industrial Co., Ltd.	187,104		10,627,017
Daelim Trading Co., Ltd.	31,734		122,734
#Daesang Holdings Co., Ltd.	113,486		333,084
#Daesung Industrial Co., Ltd.	9,562		709,767
#Daewoo Engineering & Construction Co., Ltd.	951,350		8,850,581
#*Daewoo Motor Sales Corp.	341,527		719,742
*Daewoong Co., Ltd.	17,680		292,873
Dahaam E-Tec Co., Ltd.	9,515		248,832
*Daishin Securities Co., Ltd.	304,361		4,050,691
*Daiyang Metal Co., Ltd.	77,290		95,355
#Daou Technology, Inc.	224,410		1,851,931
*DCM Corp.	1,010		7,433
Digital Power Communications Co., Ltd.	113,840		144,963
Dong Ah Tire Industrial Co., Ltd.	69,104		479,768
#*Dong Yang Gang Chul Co., Ltd.	159,370		558,486
Dongbang Agro Co., Ltd.	53,610		305,088
#Dongbu Corp.	73,520		432,559
#*Dongbu HiTek Co., Ltd.	143,654		1,081,757
#*Dongbu Securities Co., Ltd.	161,166		864,096
#Dongbu Steel Co., Ltd.	171,834		1,584,373
Dong-Il Corp.	6,537		333,265
#Dongil Industries Co., Ltd.	10,368		719,260
#Dongkuk Steel Mill Co., Ltd.	339,302		7,093,936
Dongwha Pharm Co., Ltd.	166,110		893,696
Dongwon F&B Co., Ltd.	13,886		574,577
#*Dongwon Systems Corp.	165,560		263,989
Dongyang Engineering & Construction Corp.	9,995		124,828

22

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
Dongyang Express Bus Corp.	2,159	$	52,520
#Dongyang Mechatronics Corp.	185,897		1,154,952
#Doosan Construction & Engineering Co., Ltd.	203,030		997,891
#*Eagon Industrial Co., Ltd.	29,120		305,154
#*e-Starco Co., Ltd.	170,050		118,018
*Eugene Investment & Securities Co., Ltd.	3,707,969		2,717,880
Fursys, Inc.	33,450		836,408
Gaon Cable Co., Ltd.	14,154		380,184
#Global & Yuasa Battery Co., Ltd.	50,280		1,279,930
*Golden Bridge Investment & Securities Co., Ltd.	21,530		43,094
Green Cross Holdings Corp.	9,276		753,775
GS Holdings Corp.	355,410		12,362,445
Gwangju Shinsegae Co., Ltd.	3,346		442,831
Halla Climate Control Corp.	219,060		2,940,550
Halla Engineering & Construction Corp.	91,861		1,459,286
#Han Kuk Carbon Co., Ltd.	137,700		871,036
#*Han Yang Securities Co., Ltd.	80,350		697,277
Hana Financial Group, Inc.	1,237,663		38,495,982
Handok Pharmaceuticals Co., Ltd.	18,150		232,477
Handsome Corp.	122,640		1,617,064
#Hanil Cement Manufacturing Co., Ltd.	32,489		2,040,317
*Hanil Construction Co., Ltd.	38,025		123,810
#Hanil E-Wha Co., Ltd.	163,890		941,624
#Hanjin Heavy Industries & Construction Co., Ltd.	279,094		6,907,805
#Hanjin Heavy Industries & Construction Holdings Co., Ltd.	91,460		1,049,564
#*Hanjin Shipping Co., Ltd.	314,880		9,233,184
#*Hanjin Shipping Holdings Co., Ltd.	60,709		1,072,384
#Hanjin Transportation Co., Ltd.	61,370		1,902,190
Hankook Cosmetics Co., Ltd.	110,860		394,589
Hankuk Electric Glass Co., Ltd.	4,100		147,464
Hankuk Glass Industries, Inc.	29,050		638,174
#Hankuk Paper Manufacturing Co., Ltd.	23,220		628,615
#*Hanmi Semiconductor Co., Ltd.	12,290		95,112
Hanshin Construction Co., Ltd.	24,880		231,788
#Hansol Chemical Co., Ltd.	51,607		603,141
Hansol Paper Co., Ltd.	265,034		2,697,652
Hanssem Co., Ltd.	45,510		496,080
#Hanwha Chemical Corp.	713,542		10,734,518
*Hanwha Non-Life Insurance Co., Ltd.	19,663		173,635
*Hanwha Securities Co., Ltd.	463,260		2,996,700
Hanwha Timeworld Co., Ltd.	9,000		124,999
Heung-A Shipping Co., Ltd.	106,352		105,014
#Hite Holdings Co., Ltd.	86,500		1,928,449
*HMC Investment Securities Co., Ltd.	118,451		2,127,238
#Honam Petrochemical Corp.	90,706		11,758,945
Hotel Shilla Co., Ltd.	67,520		1,353,870
#*Huneed Technologies	9,003		47,000
#Husteel Co., Ltd.	31,810		462,656
*Hwa Sung Industrial Co., Ltd.	44,200		242,730
Hwacheon Machine Tool Co., Ltd.	2,050		76,658
#Hwashin Co., Ltd.	86,940		596,874
#Hyosung T & C Co., Ltd.	151,548		10,757,279
#Hyundai Cement Co., Ltd.	32,875		321,664
Hyundai Development Co.	313,620		7,737,127
#Hyundai DSF Co., Ltd.	38,700		303,978
Hyundai Elevator Co., Ltd.	22,090		964,527
Hyundai H & S Co., Ltd.	30,444		2,634,168
Hyundai Hysco	270,550		4,614,670
#Hyundai Merchant Marine Co., Ltd.	332,911		8,125,041
Hyundai Mipo Dockyard Co., Ltd.	72,709		10,237,677
#Hyundai Motor Co., Ltd.	909,723		110,947,062

23

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
Hyundai Pharmaceutical Ind. Co., Ltd.	104,700	$	190,720
*Hyundai Securities Co.	821,689		9,604,829
#Hyundai Steel Co.	358,229		29,213,247
#*Il Dong Pharmaceutical Co., Ltd.	25,184		713,096
*Iljin Electric Co., Ltd.	128,110		1,130,578
#Iljin Holdings Co., Ltd.	96,174		273,758
Ilshin Spinning Co., Ltd.	5,070		311,883
Ilsung Pharmaceutical Co., Ltd.	9,060		747,754
Industrial Bank of Korea, Ltd.	1,050,330		14,606,023
InziControls Co., Ltd.	27,640		81,638
IS Dongseo Co., Ltd.	47,710		347,059
#ISU Chemical Co., Ltd.	54,440		677,048
#IsuPetasys Co., Ltd.	196,240		536,968
#Jahwa Electronics Co., Ltd.	79,680		491,793
Jeil Pharmaceutical Co.	38,480		377,759
#Jeonbuk Bank, Ltd.	300,135		1,849,115
*Jinheung Mutual Savings Bank Co., Ltd.	144,760		519,593
#K.C. Tech Co., Ltd.	154,554		967,844
KB Financial Group, Inc. ADR	1,974,040		96,333,152
KCC Corp.	31,624		8,890,484
#*Keangnam Enterprises, Ltd.	66,230		464,933
#Keyang Electric Machinery Co., Ltd.	187,450		403,113
#KG Chemical Corp.	48,893		493,592
Kia Motors Corp.	1,211,070		29,550,015
#*KIC, Ltd.	69,340		522,365
#KISCO Corp.	29,571		963,264
KISWIRE, Ltd.	50,083		1,629,254
Kodenshi Korea Corp.	64,590		238,301
#Kolon Engineering & Construction Co., Ltd.	124,640		506,151
Kolon Industries, Inc. (6496539)	22,524		631,917
#*Kolon Industries, Inc. (B5TVWD5)	51,054		2,303,142
#*Korea Cast Iron Pipe Co., Ltd.	81,218		323,521
#*Korea Development Co., Ltd.	99,040		367,206
*Korea Development Leasing Corp.	15,732		428,240
#Korea Electric Terminal Co., Ltd.	42,160		667,357
#Korea Exchange Bank	1,542,990		18,833,058
#*Korea Express Co., Ltd.	55,848		3,133,471
#*Korea Flange Co., Ltd.	18,630		173,821
*Korea Investment Holdings Co., Ltd.	282,426		8,246,779
#Korea Iron & Steel Co., Ltd.	11,043		581,393
#*Korea Kolmar Co., Ltd.	20,300		87,317
#*Korea Komho Petrochemical Co., Ltd.	73,409		2,438,877
#*Korea Line Corp.	44,305		2,371,133
*Korea Mutual Savings Bank	19,600		197,285
#Korea Petrochemical Industry Co., Ltd.	25,400		1,045,017
*Korean Air Co., Ltd.	221,834		13,927,861
#Korean Air Terminal Service Co., Ltd.	12,340		468,938
#KP Chemical Corp.	304,576		2,570,571
KPX Chemical Co., Ltd.	10,134		456,574
#KPX Holdings Corp.	7,249		375,972
#*KTB Securities Co., Ltd.	392,760		1,319,462
#Kukdo Chemical Co., Ltd.	26,200		641,056
*Kumho Industrial Co., Ltd.	57,255		212,561
*Kumho Investment Bank	637,880		614,842
#*Kumho Tire Co., Inc.	286,360		934,152
#Kunsul Chemical Industrial Co., Ltd.	24,240		334,338
#Kwang Dong Pharmaceutical Co., Ltd.	312,960		815,678
#Kyeryong Construction Industrial Co., Ltd.	39,280		550,591
#*Kyobo Securities Co., Ltd.	131,490		1,160,861
Kyung Dong Navien Co., Ltd.	3,860		105,852
Kyung Nong Corp.	60,670		223,353

24

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
#*Kyungbang Co., Ltd.	5,174	$	537,906
Kyung-in Synthetic Corp.	152,760		450,919
#LG Display Co., Ltd.	444,000		18,882,641
#LG Display Co., Ltd. ADR	1,606,037		33,887,381
#LG Fashion Corp.	17,900		424,784
LG Telecom, Ltd.	247,730		1,868,599
Livart Furniture Co., Ltd.	16,020		122,415
#Lotte Chilsung Beverage Co., Ltd.	5,263		4,057,526
#Lotte Confectionary Co., Ltd.	5,117		5,652,068
#Lotte Midopa Co., Ltd.	124,640		1,283,563
#Lotte Sam Kang Co., Ltd.	6,861		1,670,541
#Lotte Shopping Co., Ltd.	57,358		16,268,507
*Meritz Securities Co., Ltd.	1,209,585		1,197,817
Mi Chang Oil Industrial Co., Ltd.	3,650		159,542
*Moorim P&P Co., Ltd.	23,927		177,012
Moorim Paper Co., Ltd.	57,710		448,148
Motonic Corp.	7,080		57,023
#*Namkwang Engineering & Construction Co., Ltd.	90,006		451,600
Namyang Dairy Products Co., Ltd.	3,303		1,587,416
#Nexen Corp.	8,800		357,937
*NH Investment & Securities Co., Ltd.	188,043		1,721,297
#Nong Shim Co., Ltd.	25,517		4,914,728
Nong Shim Holdings Co., Ltd.	13,419		769,986
Noroo Holdings Co., Ltd.	22,738		112,495
Noroo Paint Co., Ltd.	37,899		123,070
*ON*Media Corp.	484,150		1,460,436
#Ottogi Corp.	12,003		1,502,151
Pacific Corp.	24,304		2,793,642
Pacific Pharmaceutical Co., Ltd.	3,840		113,436
Pang Rim Co., Ltd.	15,040		194,347
*PaperCorea, Inc.	19,552		129,340
#Pohang Coated Steel Co., Ltd.	17,630		423,631
#*Poong Lim Industrial Co., Ltd.	74,350		128,619
#Poongsan Corp.	150,690		3,624,822
#Poongsan Holdings Corp.	31,568		668,926
POSCO	420		188,342
#POSCO ADR	957,832		107,430,437
Pulmuone Co., Ltd.	6,125		250,074
Pum Yang Construction Co., Ltd.	31,885		161,277
Pusan City Gas Co., Ltd.	65,770		1,184,210
#*S&T Daewoo Co., Ltd.	46,870		1,112,527
#S&T Dynamics Co., Ltd.	174,594		2,490,423
#S&T Holdings Co., Ltd.	52,273		619,974
*Sajo Industries Co., Ltd.	1,310		29,632
Sam Kwang Glass Industrial Co., Ltd.	19,870		851,421
Sam Yung Trading Co., Ltd.	14,352		63,813
#Sambu Construction Co., Ltd.	31,215		526,172
#*Samho International Co., Ltd.	12,120		26,850
Samhwa Crown & Closure Co., Ltd.	1,749		35,937
Samhwa Paints Industrial Co., Ltd.	48,610		203,908
#Samick Musical Instruments Co., Ltd.	621,710		601,382
Samsung Corp.	455,976		21,561,603
#Samsung Fine Chemicals Co., Ltd.	38,782		1,855,890
#Samsung SDI Co., Ltd.	212,545		28,316,321
#Samwhan Corp.	47,270		424,174
#Samyang Corp.	43,666		1,602,563
#Samyang Genex Co., Ltd.	13,685		808,141
Samyang Tongsang Co., Ltd.	8,060		173,044
#Samyoung Electronics Co., Ltd.	78,430		774,139
*SAVEZONE I&C Corp.	2,710		6,689
*SBS Media Holdings Co., Ltd.	290		718

25

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
SC Engineering Co., Ltd.	34,640	$	161,454
#Seah Besteel Corp.	100,300		1,483,177
SeAH Holdings Corp.	12,561		688,257
#SeAH Steel Corp.	17,133		601,912
#Sebang Co., Ltd.	80,550		1,106,366
#Sejong Industrial Co., Ltd.	112,200		871,097
#*SH Chemical Co., Ltd.	528,345		238,691
*Shell-Line Co., Ltd.	17,510		182,763
#Shin Won Corp.	348,090		524,467
*Shin Young Securities Co., Ltd.	29,240		988,055
*Shin Young Wacoal, Inc.	273		27,006
#*Shinhan Engineering & Construction Co., Ltd.	23,320		155,189
Shinhan Financial Group Co., Ltd.	878,956		37,388,712
#Shinhan Financial Group Co., Ltd. ADR	755,534		64,326,165
Shinpoong Pharmaceutical Co., Ltd.	13,450		314,349
Shinsegae Engineering & Construction Co., Ltd.	8,470		103,207
*Shinsegae Information & Communication Co., Ltd.	3,159		164,837
#*Shinsung Holdings Co., Ltd.	79,589		337,855
*Shinsung Tongsang Co., Ltd.	342,500		179,826
#Silla Trading Co., Ltd.	26,403		277,218
#Sindo Ricoh Co., Ltd.	33,293		1,553,421
SJM Co., Ltd.	60,580		317,015
*SK Chemicals Co., Ltd.	41,114		1,910,804
#SK Co., Ltd.	182,809		14,375,401
#SK Energy Co., Ltd.	275,600		30,028,450
SK Gas Co., Ltd.	30,216		1,140,635
#SK Networks Co., Ltd.	499,940		4,975,761
#SKC Co., Ltd.	152,050		2,790,802
#*SL Corp.	89,640		688,605
#*Ssangyong Cement Industry Co., Ltd.	193,556		1,113,095
#*STX Corp.	184,397		3,160,938
#STX Engine Co., Ltd.	140,460		2,809,998
#STX Offshore & Shipbuilding Co., Ltd.	313,090		3,784,692
#STX Pan Ocean Co., Ltd.	691,950		8,149,041
Suheung Capsule Co., Ltd.	52,170		287,907
Sung Bo Chemicals Co., Ltd.	4,130		125,877
#*Sung Shin Cement Co., Ltd.	85,800		420,638
*Sunjin Co., Ltd.	7,650		261,834
#Tae Kwang Industrial Co., Ltd.	3,447		2,329,775
#Tae Kyung Industrial Co., Ltd.	98,860		458,043
#Taeyoung Engineering & Construction	310,360		1,344,169
#*Tai Han Electric Wire Co., Ltd.	170,057		1,694,318
Tai Lim Packaging Industries Co., Ltd.	176,930		225,836
*Tec & Co.	427,170		93,549
Telcoware Co., Ltd.	36,000		234,831
*Tong Kook Corp.	607		856
*Tong Yang Securities, Inc.	300,000		2,568,740
#TS Corp.	15,393		585,796
*Uangel Corp.	16,270		87,085
#Unid Co., Ltd.	32,400		1,156,353
*Union Steel Manufacturing Co., Ltd.	38,857		821,046
Wiscom Co., Ltd.	32,980		130,767
#*Woongjin Holdings Co., Ltd.	252,490		2,415,240
Woori Finance Holdings Co., Ltd.	1,541,952		24,462,892
#*Woori Finance Holdings Co., Ltd. ADR	6,502		316,322
#Woori Financial Co., Ltd.	65,220		530,838
*Woori Investment & Securities Co., Ltd.	659,420		9,636,029
YESCO Co., Ltd.	18,780		415,885
Yoosung Enterprise Co., Ltd.	109,715		228,753
#Youlchon Chemical Co., Ltd.	82,970		677,608
*Young Poong Mining & Construction Corp.	18,030		895

26

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
SOUTH KOREA — (Continued)
#Youngone Corp.	48,452	$	1,428,402
Youngpoong Corp.	4,628		2,509,555
*Yuhwa Securities Co., Ltd.	28,680		375,849
*Zinus, Inc.	1,866		6,313
TOTAL SOUTH KOREA			1,184,584,109
TAIWAN — (11.2%)
*A.G.V. Products Corp.	3,642,429		1,409,390
*Abocom Systems, Inc.	340,752		130,120
*Acbel Polytech, Inc.	1,453,219		1,125,649
*Accton Technology Corp.	5,114,000		2,689,839
*Action Electronics Co., Ltd.	2,129,000		859,020
Advanced Semiconductor Engineering, Inc.	2,463,424		2,404,917
*Advancetek Enterprise Co., Ltd.	2,000		1,277
*Allis Electric Co., Ltd.	1,523,000		639,738
*Ambassador Hotel (The)	274,000		303,024
*Ampoc Far East Co., Ltd.	645,000		372,171
*Amtran Technology Co., Ltd.	1,845,693		2,006,154
*Arima Communication Corp.	2,339,000		1,024,044
*Arima Optoelectronics Corp.	1,045,000		290,705
Asia Cement Corp.	15,489,326		14,564,071
Asia Chemical Corp.	1,756,000		926,063
*Asia Optical Co, Inc.	1,854,000		3,242,171
*Asia Polymer Corp.	1,740,489		1,578,569
*Asia Vital Components Co., Ltd.	202,307		252,390
Asustek Computer, Inc.	14,748,422		28,438,248
AU Optronics Corp.	4,093,812		4,716,826
#AU Optronics Corp. Sponsored ADR	6,047,974		70,096,019
*Audix Co., Ltd.	1,122,164		891,347
*Aurora Systems Corp.	482,281		384,407
*Avision, Inc.	1,546,555		928,946
*Bank of Kaohsiung	4,018,926		1,378,416
*Bes Engineering Corp.	13,303,443		3,205,396
*Biostar Microtech International Corp.	77,595		57,076
*C Sun Manufacturing, Ltd.	233,837		153,598
*Cameo Communications, Inc.	1,601,000		914,017
*Capital Securities Corp.	393,000		185,317
*Carnival Industrial Corp.	2,813,000		831,127
Catcher Technology Co., Ltd.	1,421,326		3,749,799
*Cathay Chemical Works, Inc.	857,000		330,055
*Cathay Real Estate Development Co., Ltd.	8,146,421		3,310,450
*Central Reinsurance Co., Ltd.	2,477,781		1,302,174
*Chain Qui Development Co., Ltd.	1,077,173		1,041,302
*Champion Building Materials Co., Ltd.	2,472,040		1,851,211
Chang Hwa Commercial Bank	44,281,459		19,883,322
*Chang-Ho Fibre Corp.	192,000		141,122
*Charoen Pokphand Enterprises Co., Ltd.	1,690,000		813,257
*Cheng Loong Corp.	9,094,480		3,591,080
*Cheng Uei Precision Industry Co., Ltd.	235,620		454,742
*Chenming Mold Industrial Corp.	798,040		657,801
*Chia Hsin Cement Corp.	4,711,594		2,267,906
*Chia Hsin Food & Synthetic Fiber Co., Ltd.	514,966		—
*Chien Kuo Construction Co., Ltd.	306,000		181,866
*Chien Shing Stainless Steel Co., Ltd.	2,280,000		571,858
*Chilisin Electronics Corp.	860,300		874,912
Chimei Innolux Corp.	31,012,740		45,274,211
*China Airlines, Ltd.	16,952,252		7,195,926
*China Chemical & Pharmaceutical Co.	480,264		319,745
*China Development Financial Holding Corp.	83,980,032		23,550,208
*China Electric Manufacturing Co., Ltd.	361,200		318,544
*China General Plastics Corp.	3,008,000		1,201,828

27

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TAIWAN — (Continued)
*China Glaze Co., Ltd.	1,032,000	$	845,420
*China Man-Made Fiber Co., Ltd.	10,798,813		3,014,909
*China Metal Products Co., Ltd.	1,379,399		1,942,652
*China Motor Co., Ltd.	6,039,749		4,281,294
*China Petrochemical Development Corp.	16,397,580		8,158,164
*China Rebar Co., Ltd.	439,188		—
*China Steel Structure Co., Ltd.	1,127,219		846,050
*China Synthetic Rubber Corp.	3,919,711		4,195,800
*China United Trust & Investment Corp.	493,999		—
*China Wire & Cable Co., Ltd.	2,541,000		961,708
Chinatrust Financial Holdings Co., Ltd.	58,023,946		32,769,819
*Chin-Poon Industrial Co., Ltd.	3,585,815		2,800,664
*Chipbond Technology Corp.	1,548,888		2,444,624
*Chun Yu Works & Co., Ltd.	2,106,000		725,009
*Chun Yuan Steel Industrial Co., Ltd.	3,877,191		1,673,831
*Chung Hsin Electric & Machinery Co., Ltd.	3,325,000		1,903,045
*Chung Hwa Pulp Corp.	4,942,419		2,518,935
*Chung Shing Textile Co., Ltd.	600		9
*Chungwa Picture Tubes Co., Ltd.	93,768,045		9,038,041
*CMC Magnetics Corp.	25,520,000		7,166,129
*Collins Co., Ltd.	1,894,823		939,741
Compal Electronics, Inc.	2,428,705		3,375,374
*Compeq Manufacturing Co., Ltd.	9,587,000		2,876,925
*Compex International Co., Ltd.	46,400		296
*Continental Holdings Corp.	5,097,848		1,919,542
*Cosmos Bank Taiwan	935,756		206,030
*Da-Cin Construction Co., Ltd.	805,579		479,158
*Delpha Construction Co., Ltd.	1,927,528		886,567
*Depo Auto Parts Industrial Co., Ltd.	50,000		125,170
*Der Pao Construction Co., Ltd.	1,139,000		29,803
*Diamond Flower Electric Instrument Co., Ltd.	69,280		83,328
*D-Link Corp.	1,911,780		1,839,548
*E.Sun Financial Holding Co., Ltd.	18,726,578		8,325,399
*Eastern Media International Corp.	8,183,399		2,270,574
*Eclat Textile Co., Ltd.	1,059,204		686,947
*Edom Technology Co., Ltd.	456,800		265,308
*Elite Material Co., Ltd.	102,237		114,599
*Elitegroup Computer Systems Co., Ltd.	6,985,066		2,894,017
*Enlight Corp.	1,184,549		44,225
*EnTie Commercial Bank	716,232		232,354
*Eva Airways Corp.	12,631,944		6,552,392
*Ever Fortune Industrial Co., Ltd.	409,000		4,307
*Everest Textile Co., Ltd.	3,553,002		747,280
*Evergreen International Storage & Transport Corp.	2,982,000		2,453,264
*Evergreen Marine Corp., Ltd.	10,415,527		6,658,414
*Everspring Industry Co.	1,341,180		530,554
Far Eastern Department Stores Co., Ltd.	6,787,064		6,058,003
*Far Eastern International Bank	11,997,514		3,897,965
*Federal Corp.	3,195,876		2,378,963
*First Copper Technology Co., Ltd.	2,596,750		1,239,774
First Financial Holding Co., Ltd.	54,279,360		29,881,210
*First Hotel	664,339		535,176
*First Insurance Co., Ltd. (The)	2,220,064		914,578
*First Steamship Co., Ltd.	215,717		374,930
Formosa Chemicals & Fiber Co., Ltd.	3,318,660		8,368,493
*Formosa Oilseed Processing	537,000		239,389
Formosa Taffeta Co., Ltd.	7,804,511		6,228,431
*Formosan Rubber Group, Inc.	2,180,000		1,840,362
*Formosan Union Chemical Corp.	976,078		475,584
*Fu I Industrial Co., Ltd.	290,400		80,697
*Fubon Financial Holding Co., Ltd.	33,546,000		40,895,260

28

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TAIWAN — (Continued)
*Fullerton Technology Co., Ltd.	299,000	$	352,964
*Fwuson Industry Co., Ltd.	1,965,220		773,355
*G Shank Enterprise Co., Ltd.	792,880		758,953
*G.T.M. Corp.	1,458,000		936,737
*Getac Technology Corp.	3,167,065		2,427,909
*Giantplus Technology Co., Ltd.	1,697,000		947,235
*Giga-Byte Technology Co., Ltd.	5,303,287		5,861,415
Gold Circuit Electronics, Ltd.	4,266,865		1,601,380
*Goldsun Development & Construction Co., Ltd.	11,955,426		5,063,760
*Good Will Instrument Co., Ltd.	383,670		299,294
*Gordon Auto Body Parts	131,000		56,614
*Grand Pacific Petrochemical Corp.	6,971,000		3,294,704
*Great China Metal Industry Co., Ltd.	1,577,000		1,154,477
*Great Wall Enterprise Co., Ltd.	1,059,393		1,061,997
*Hannstar Board Corp.	1,864,000		1,687,094
*HannStar Display Corp.	42,108,000		8,667,144
*Helix Technology, Inc.	29,585		—
*Hey Song Corp.	3,929,000		3,274,962
*Hitron Technologies, Inc.	759,335		468,571
*Ho Tung Holding Corp.	4,274,467		2,299,829
*Hocheng Corp.	2,917,300		1,019,982
*Hold-Key Electric Wire & Cable Co., Ltd.	1,689,548		1,062,847
*Holystone Enterprise Co., Ltd.	1,325,000		2,003,091
*Hong Tai Electric Industrial Co., Ltd.	2,292,000		998,162
*Hsin Kuang Steel Co., Ltd.	1,584,124		1,651,929
*Hsing Ta Cement Co., Ltd.	2,071,980		664,419
*Hua Eng Wire & Cable Co., Ltd.	4,854,035		1,815,116
Hua Nan Financial Holding Co., Ltd.	9,346,258		5,483,836
*Hualon Corp.	257,040		8,858
*Hung Ching Development & Construction Co., Ltd.	1,838,468		1,174,938
*Hung Sheng Construction Co., Ltd.	4,484,000		2,608,176
*Hwa Fong Rubber Co., Ltd.	2,495,960		1,085,032
*Ichia Technologies, Inc.	3,181,260		1,640,596
*Inotera Memories, Inc.	3,280,070		2,315,184
*Inventec Appliances Corp.	267,000		237,260
Inventec Corp.	17,481,859		10,079,083
*Jui Li Enterprise Co., Ltd.	712,760		213,954
*K Laser Technology, Inc.	843,601		598,131
*Kang Na Hsiung Co., Ltd.	1,409,078		944,177
*Kao Hsing Chang Iron & Steel Corp.	2,196,000		672,261
*Kaulin Manufacturing Co., Ltd.	1,477,656		1,157,810
*Kee Tai Properties Co., Ltd.	1,025,236		517,888
*King Yuan Electronics Co., Ltd.	11,179,861		5,293,004
*Kingdom Construction Co., Ltd.	907,000		690,358
*King’s Town Bank	5,889,012		1,688,508
*Kinko Optical Co., Ltd.	734,131		701,747
*Kinpo Electronics, Inc.	12,274,375		3,728,560
*Kuoyang Construction Co., Ltd.	641,029		457,412
*Kwong Fong Industries Corp.	4,587,000		1,254,333
*L&K Engineering Co., Ltd.	516,000		609,091
*Lan Fa Textile Co., Ltd.	2,409,703		896,301
*Lead Data Co., Ltd.	2,542,457		635,912
*Lealea Enterprise Co., Ltd.	6,300,000		2,564,731
*Lee Chang Yung Chemical Industry Corp.	2,306,713		2,914,950
*Lee Chi Enterprises Co., Ltd.	1,708,900		748,398
*Lelon Electronics Corp.	43,000		26,809
*Leofoo Development Co., Ltd.	1,948,000		1,107,389
*Li Peng Enterprise Co., Ltd.	4,587,712		2,510,983
*Lian Hwa Foods Corp.	157,000		80,127
*Lien Chang Electronic Enterprise Co., Ltd.	623,000		416,391
*Lien Hwa Industrial Corp.	4,770,640		2,723,986

29

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TAIWAN — (Continued)
*Lingsen Precision Industries, Ltd.	2,580,480	$	1,624,401
*Lite-On Semiconductor Corp.	649,000		448,588
Lite-On Technology Corp.	10,817,645		14,356,918
*Long Bon International Co., Ltd.	2,069,301		1,041,179
*Long Chen Paper Co., Ltd.	4,588,369		1,616,045
*Lucky Cement Corp.	3,099,000		803,020
Macronix International Co., Ltd.	25,770,028		17,135,704
*Marketech International Corp.	775,000		417,092
*Masterlink Securities Corp.	10,191,000		4,046,767
*Mayer Steel Pipe Corp.	988,364		762,937
*Maywufa Co., Ltd.	192,264		106,071
Mega Financial Holding Co., Ltd.	72,828,000		42,532,541
*Megamedia Corp.	782		6
*Meiloon Co., Ltd.	1,124,352		465,199
*Mercuries & Associates, Ltd.	3,533,829		1,811,177
*Mercuries Data Co., Ltd.	649,800		189,280
*Merry Electronics Co., Ltd.	175,000		334,163
*Microelectronics Technology, Inc.	3,068,123		1,957,015
*Micro-Star International Co., Ltd.	8,972,985		5,569,104
*Mitac International Corp.	10,642,000		4,941,871
*Mobiletron Electronics Co., Ltd.	96,000		80,952
*Mustek Systems, Inc.	210,074		53,485
*Nantex Industry Co., Ltd.	1,576,231		1,126,742
*New Asia Construction & Development Co., Ltd.	1,011,542		231,717
*Nien Hsing Textile Co., Ltd.	3,935,000		2,294,316
*Ocean Plastics Co., Ltd.	7,776		5,546
*Optimax Technology Corp.	3,466,000		351,066
*Orient Semiconductor Electronics, Ltd.	380,276		118,228
*Oriental Union Chemical Corp.	3,567,225		3,085,056
*Pacific Construction Co., Ltd.	4,079,256		670,752
*Pan Jit International, Inc.	2,473,818		2,468,796
*Phihong Technology Co., Ltd.	2,254,661		2,453,218
*Picvue Electronics, Ltd.	241,600		—
*Plotech Co., Ltd.	761,000		572,266
*Polaris Securities Co., Ltd.	14,907,502		7,432,454
*Potrans Electrical Corp.	1,139,000		158,467
Pou Chen Corp.	16,094,724		13,775,256
*Powercom Co., Ltd.	209,000		227,875
*President Securities Corp.	4,456,875		2,678,970
*Prince Housing & Development Corp.	4,552,737		2,082,332
*Procomp Informatics, Ltd.	391,440		—
*Prodisc Technology, Inc.	6,185,157		108,031
*Promate Electronic Co., Ltd.	282,000		240,400
*Qisda Corp.	7,579,952		4,480,711
*Quintain Steel Co., Ltd.	2,637,250		879,417
*Radiant Opto-Electronics Corp.	3,205,000		4,836,598
*Radium Life Tech Corp.	1,254,865		1,114,321
*Ralec Electronic Corp.	383,163		892,065
*Rechi Precision Co., Ltd.	2,962,000		1,346,559
*Ritek Corp.	24,762,622		6,666,629
*Sainfoin Technology Corp.	835,498		—
*Sampo Corp.	7,542,684		1,216,376
*Sanyang Industrial Co., Ltd.	6,581,268		2,717,563
*Sanyo Electric Co., Ltd.	368,000		357,808
*Sheng Yu Steel Co., Ltd.	1,716,000		1,280,034
*Shihlin Electric & Engineering Corp.	3,104,000		3,757,339
*Shin Kong Financial Holding Co., Ltd.	21,770,021		8,364,275
*Shinkong Co., Ltd.	2,182,412		2,143,212
*Shinkong Synthetic Fibers Co., Ltd.	11,044,342		4,514,743
*Sigurd Microelectronics Corp.	3,015,608		2,455,222
*Silicon Integrated Systems Corp.	6,006,165		3,902,942

30

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TAIWAN — (Continued)
*Sinbon Electronics Co., Ltd.	1,402,000	$	1,104,421
*Sincere Navigation Corp.	538,692		696,559
*Sinkang Industries Co., Ltd.	806,669		575,791
*Sinon Corp.	3,486,877		1,539,514
*SinoPac Holdings Co., Ltd.	63,420,809		21,569,877
*Siward Crystal Technology Co., Ltd.	933,875		434,953
*Solomon Technology Corp.	1,364,950		644,424
*South East Soda Manufacturing Co., Ltd.	927,500		949,043
*Southeast Cement Co., Ltd.	3,208,700		1,211,694
*SPI Electronic Co., Ltd.	272,500		362,923
*Spirox Corp.	864,661		807,737
*Springsoft, Inc.	1,312,000		1,373,784
*Standard Chemical & Pharmaceutical Co., Ltd.	155,310		137,255
*Star Travel Taiwan Co., Ltd.	275,460		224,759
*Stark Technology, Inc.	827,200		836,334
*Sunonwealth Electric Machine Industry Co., Ltd.	728,421		618,968
*Sunplus Technology Co., Ltd.	4,538,620		4,185,905
*Sweeten Construction Co., Ltd.	625,000		329,870
*Sysware Systex Corp.	828,801		1,257,594
*T JOIN Transportation Co., Ltd.	2,108,000		1,595,684
*Ta Chen Stainless Pipe Co., Ltd.	2,846,864		2,117,968
*Ta Chong Bank, Ltd.	15,753,906		3,239,625
*Ta Ya Electric Wire & Cable Co., Ltd.	5,559,732		1,631,110
*Ta Yih Industrial Co., Ltd.	70,000		131,031
*Tah Hsin Industrial Corp.	1,452,000		1,054,480
*Ta-I Technology Co., Ltd.	700,195		917,681
*Taichung Commercial Bank	10,428,754		2,817,774
*Tainan Enterprises Co., Ltd.	773,850		932,772
*Tainan Spinning Co., Ltd.	10,204,000		4,489,232
*Taishin Financial Holdings Co., Ltd.	44,005,763		16,980,359
*Taisun Enterprise Co., Ltd.	2,370,721		961,315
*Taita Chemical Co., Ltd.	2,190,400		883,626
*Taiwan Business Bank	29,207,549		7,821,590
Taiwan Cement Corp.	27,918,741		25,088,745
*Taiwan Cogeneration Corp.	2,919,000		1,602,537
Taiwan Cooperative Bank	35,741,902		21,776,479
*Taiwan Flourescent Lamp Co., Ltd.	756,000		71,890
*Taiwan Fu Hsing Industrial Co., Ltd.	630,000		414,634
Taiwan Glass Industrial Corp.	8,054,803		7,501,479
*Taiwan International Securities Corp.	2,598,000		851,377
*Taiwan Kai Yih Industrial Co., Ltd.	1,033,059		1,095,838
*Taiwan Kolin Co., Ltd.	5,797,000		—
*Taiwan Mask Corp.	2,805,000		1,131,516
*Taiwan Paiho Co., Ltd.	1,557,000		1,412,032
*Taiwan Pulp & Paper Corp.	2,594,000		1,045,149
*Taiwan Sakura Corp.	1,660,869		1,230,526
*Taiwan Sogo Shinkong Security Co., Ltd.	1,356,205		1,020,938
*Taiwan Styrene Monomer Corp.	4,013,856		1,973,476
*Taiwan Tea Corp.	5,604,092		3,140,920
*Taiyen Biotech Co., Ltd.	1,858,000		1,177,961
*Tatung Co., Ltd.	36,958,000		7,593,849
*Teapo Electronic Corp.	2,496,670		647,131
*Teco Electric & Machinery Co., Ltd.	17,546,834		7,786,502
*Tecom, Ltd.	805,753		285,415
*Test-Rite International Co., Ltd.	1,786,331		1,057,341
*Ton Yi Industrial Corp.	7,349,810		3,176,338
*Tong-Tai Machine & Tool Co., Ltd.	185,000		187,198
*Topco Scientific Co., Ltd.	583,000		762,713
*Tsann Kuen Enterprise Co., Ltd.	804,640		1,909,028
Tung Ho Steel Enterprise Corp.	2,878,769		3,103,170
*TYC Brother Industrial Co., Ltd.	1,596,047		1,226,224

31

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TAIWAN — (Continued)
*Tycoons Group Enterprise Co., Ltd.	4,126,000	$	926,043
*Tze Shin International Co., Ltd.	981,664		472,687
*Unimicron Technology Corp.	8,508,363		12,782,929
*Union Bank of Taiwan	9,462,577		1,769,619
*Unitech Electronics Co., Ltd.	1,249,739		815,326
*Unitech Printed Circuit Board Corp.	3,531,265		1,353,975
*United Integration Service Co., Ltd.	1,578,000		1,533,639
*United Microelectronics Corp.	106,490,069		53,577,131
*Universal Cement Corp.	4,607,551		2,284,132
*Universal Microelectronics Co., Ltd.	927,491		670,192
*Universal, Inc.	46,660		35,842
*UPC Technology Corp.	5,452,437		3,481,188
*USI Corp.	5,184,000		3,829,976
*U-TECH Media Corp.	1,760,799		919,900
*Ve Wong Corp.	1,334,600		1,069,160
*Waffer Technology Co., Ltd.	1,507,000		380,216
*Wah Lee Industrial Corp.	16,000		24,038
*Walsin Lihwa Corp.	24,665,412		10,787,528
*Walsin Technology Corp., Ltd.	4,730,876		3,049,747
*Walton Advanced Engineering, Inc.	1,960,000		1,031,919
*Wan Hai Lines Co., Ltd.	2,462,000		1,523,609
*Wan Hwa Enterprise Co., Ltd.	723,919		379,733
*Waterland Financial Holdings	22,240,080		7,105,135
*Wei Chih Steel Industrial Co., Ltd.	1,615,898		481,562
*Weikeng Industrial Co., Ltd.	1,380,000		1,018,243
*Wellypower Optronics Corp.	1,160,000		1,252,269
*Winbond Electronics Corp.	29,524,000		8,501,569
*Wintek Corp.	9,465,000		7,880,482
*Wistron NeWeb Corp.	360,950		646,579
*WT Microelectronics Co., Ltd.	2,215,000		2,736,026
*WUS Printed Circuit Co., Ltd.	3,176,928		1,398,515
*Yageo Corp.	26,995,840		12,942,119
*Yang Ming Marine Transport Corp.	12,943,615		5,291,528
*Yeung Cyang Industrial Co., Ltd.	951,667		798,077
*Yieh Phui Enterprise Co., Ltd.	9,876,177		3,927,970
*Yosun Industrial Corp.	2,450,043		4,030,675
Yuanta Financial Holding Co., Ltd.	9,714,422		5,792,148
*Yuen Foong Yu Paper Manufacturing Co., Ltd.	10,506,018		4,272,939
Yulon Motor Co., Ltd.	11,058,572		12,843,949
*Yulon Nissan Motor Co., Ltd.	348,000		1,052,039
*Yung Chi Paint & Varnish Manufacturing Co., Ltd.	84,687		130,815
*Yung Tay Engineering Co., Ltd.	3,582,000		3,326,045
*Zenitron Corp.	1,529,000		1,103,390
*Zig Sheng Industrial Co., Ltd.	4,011,378		2,114,037
*Zippy Technology Corp.	343,000		286,404
*Zyxel Communication Corp.	4,187,000		2,897,138
TOTAL TAIWAN			1,174,644,576
THAILAND — (1.8%)
*Aapico Hitech PCL (Foreign)	539,800		147,650
*Asia Plus Securities PCL (Foreign)	7,008,500		389,903
Ayudhya Insurance PCL (Foreign)	228,500		128,180
Bangchak Petroleum PCL (Foreign)	4,839,900		2,079,265
Bangkok Bank PCL (Foreign)	4,648,200		17,239,499
Bangkok Bank PCL (Foreign) NVDR	4,490,900		16,170,294
*Bangkok Expressway PCL (Foreign)	4,439,200		2,593,135
*Bangkok First Investment & Trust PCL (Foreign)	521,300		63,481
Bangkok Insurance PCL (Foreign)	131,820		814,835
*Bangkokland PCL (Foreign)	78,669,103		1,215,718
Bank of Ayudhya PCL (Foreign)	16,269,800		9,956,484
Cal-Comp Electronics (Thailand) PCL (Foreign)	15,897,600		1,474,047

32

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value††
THAILAND — (Continued)
Capital Nomura Securities PCL (Foreign)	478,400		$	450,972
Capital Nomura Securities PCL (Foreign) NVDR	45,000			42,420
*Central Plaza Hotel PCL (Foreign)	6,525,000			774,409
Charoen Pokphand Foods PCL (Foreign)	11,084,940			5,310,356
Delta Electronics (Thailand) PCL (Foreign)	4,830,100			3,224,545
Eastern Water Resources Development & Management PCL (Foreign)	9,535,200			1,337,963
*Erawan Group PCL (Foreign)	4,288,950			286,328
*G J Steel PCL (Foreign)	214,856,100			1,261,711
*G Steel PCL (Foreign)	24,000,300			304,130
Hana Microelectronics PCL (Foreign)	1,555,000			1,143,842
Hermraj Land & Development PCL (Foreign)	64,383,100			1,790,907
*ICC International PCL (Foreign)	2,710,500			3,392,837
IRPC PCL (Foreign)	70,616,800			9,646,925
*Italian-Thai Development PCL (Foreign) NVDR	27,016,800			2,204,431
*Jasmine International PCL (Foreign)	6,917,600			91,935
Kasikornbank PCL (Foreign)	1,193,700			3,477,244
*Kasikornbank PCL (Foreign) NVDR	164,500			458,851
*Kiatnakin Finance PCL (Foreign)	3,374,300	��		2,789,755
Krung Thai Bank PCL (Foreign)	38,800,700			14,750,382
*Laguna Resorts & Hotels PCL (Foreign)	1,342,400			1,628,472
*Loxley PCL (Foreign)	3,313,700			154,650
*MBK Development PCL (Foreign)	888,800			2,046,534
*Padaeng Industry PCL (Foreign) NVDR	1,600,800			1,157,741
Polyplex PCL (Foreign)	5,424,000			1,114,808
Precious Shipping PCL (Foreign)	3,801,600			2,185,435
PTT Aromatics & Refining PCL (Foreign)	9,765,716			8,375,788
PTT Chemical PCL (Foreign)	5,063,910			16,198,878
*Regional Container Lines PCL (Foreign)	5,884,700			2,273,489
Rojana Industrial Park PCL (Foreign)	322,500			87,216
*Saha Pathana Inter-Holding PCL (Foreign)	3,262,400			1,714,134
*Saha Pathanapibul PCL (Foreign)	1,594,833			1,195,324
Saha-Union PCL (Foreign)	2,976,400			2,171,010
*Sahaviriya Steel Industries PCL (Foreign)	68,900,700			3,322,055
Sansiri PCL (Foreign)	9,982,900			1,394,613
*Serm Suk PCL (Foreign) NVDR	39,000			34,655
*Shinawatra Satellite PCL (Foreign)	5,868,900			899,698
Siam City Bank PCL (Foreign)	5,850,600			5,786,407
Siam Commercial Bank PCL (Foreign)	1,106,800			2,805,056
Sri Trang Agro Industry PCL (Foreign)	777,600			1,135,577
*Supalai PCL (Foreign)	4,009,266			916,970
*Tata Steel (Thailand) PCL (Foreign)	34,371,400			1,869,685
Thai Oil PCL (Foreign)	2,420,800			3,516,538
*Thai Plastic & Chemicals PCL (Foreign)	3,787,100			2,095,166
Thai Rayon PCL (Foreign)	165,000			402,874
*Thai Stanley Electric (Thailand) PCL (Foreign)	136,700			553,476
Thai Union Frozen Products PCL (Foreign)	411,500			483,295
*Thai Wacoal PCL (Foreign)	93,300			121,113
*Thanachart Capital PCL (Foreign)	6,307,800			4,425,500
Thoresen Thai Agencies PCL (Foreign)	2,869,200			2,092,818
*Ticon Industrial Connection PCL (Foreign)	607,000			177,288
*Tisco Financial Group PCL (Foreign)	1,041,700			837,095
#*Total Access Communication PCL (Foreign) ADR	1,264,380			1,403,462
TPI Polene PCL (Foreign)	9,987,124			2,531,121
*Tycoons Worldwide Group PCL (Foreign)	1,243,300			190,597
Univentures PCL (Foreign)	3,481,400			221,656
*Vanachai Group PCL (Foreign)	2,169,700			276,284
*Vinythai PCL (Foreign)	5,239,317			1,246,878
TOTAL THAILAND				184,055,790
TURKEY — (2.2%)
*Adana Cimento Sanayii Ticaret A.S. Class A	140,000			519,882

33

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TURKEY — (Continued)
*Adana Cimento Sanayii Ticaret A.S. Class C	554,691	$	242,066
*Advansa Sasa Polyester Sanayi A.S.	779,364		433,550
Akbank T.A.S.	1		4
*Akcansa Cimento Sanayi ve Ticaret A.S.	317,432		1,690,931
*Akenerji Elektrik Uretim A.S.	2,400		6,485
*Akenerji Elektrik Uretim A.S. I-10 Shares	11,404		28,958
*Aksa Akrilik Kimya Sanayii A.S.	1,424,767		2,664,806
*Aksigorta A.S.	1,324,168		1,819,231
*Alarko Holding A.S.	1,013,092		2,531,755
*Alternatifbank A.S.	1		1
*Altinyildiz Mensucat ve Konfeksiyon Fabrikalari A.S.	10,001		49,822
Anadolu Anonim Turk Sigorta Sirketi A.S.	2,512,298		2,356,532
*Anadolu Cam Sanayii A.S.	1,486,817		2,212,085
*Anadolu Isuzu Otomotiv Sanayi ve Ticaret A.S.	1		5
Arcelik A.S.	1,552,149		6,878,094
*Aselsan Elektronik Sanayi Ve Ticaret A.S.	7,796		69,595
*Ayen Enerji A.S.	415,323		855,422
Aygaz A.S.	1,118,602		4,900,769
*Banvit Bandirma Vitaminli Yem Sanayii Ticaret A.S.	1		3
*Bati Anabolu Cimento A.S.	280,524		1,464,648
*Bolu Cimento Sanayii A.S.	787,034		1,089,630
*Borusan Mannesmann Boru Sanayi A.S.	30,697		349,904
*Cemtas Celik Makina Sanayi ve Ticaret A.S.	1		1
*Cimsa Cimento Sanayi ve Ticaret A.S.	518,069		3,058,409
*Dentas Ambalaj ve Kagit Sanayi A.S.	—		—
*Deva Holding A.S. (B03MR90)	35,166		78,668
*Deva Holding A.S. (B626427)	8,792		19,489
*Dogan Gazetecilik A.S.	515,628		1,105,211
Dogan Sirketler Grubu Holdings A.S.	9,540,148		7,128,903
*Dogan Yayin Holding A.S.	2,881,725		2,758,488
*Dogus Otomotiv Servis ve Ticaret A.S.	361,637		1,566,852
*EGE Seramik Sanayi ve Ticaret A.S.	410,796		406,563
*EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S.	1,801,852		3,292,970
Enka Insaat ve Sanayi A.S.	1		5
*Eregli Demir ve Celik Fabrikalari Turk A.S.	7,385,547		23,146,490
*Finans Fin Kirala T.A.S.	261,187		572,448
*Fortis Bank A.S.	1		1
*Galatasaray Sportif Sinai ve Ticari Yatirimlar A.S.	2,246		253,607
*Gentas Clenel Metal Sanayi ve Ticaret A.S.	247,933		261,089
*Global Yatirim Holding A.S.	2,295,251		1,288,646
*Goldas Kuyumculuk Sanayi A.S.	552,019		437,973
*Goltas Goller Bolgesi Cimento Sanayi ve Ticaret A.S.	24,412		1,261,391
*Goodyear Lastikleri T.A.S.	124,529		1,481,652
*GSD Holding A.S.	2,497,284		1,993,442
*Gubre Fabrikalari Ticaret A.S.	1		6
*Gunes Sigorta A.S.	439,694		650,699
*Haci Omer Sabanci Holding A.S.	948,114		4,394,725
*Hektas Ticaret T.A.S.	1		—
*Hurriyet Gazetecilik ve Matbaacilik A.S.	2,245,783		2,478,947
*Ihlas Ev Aletleri Imalat Sanayi ve Ticaret A.S.	575,000		419,442
*Ihlas Holding A.S.	3,918,431		1,859,386
*Is Yatirim Menkul Degerler A.S.	160,862		371,920
*Isiklar Yatirim Holding A.S.	388,439		529,569
*Izmir Demir Celik Sanayii A.S.	796,660		1,307,673
*Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S.	2,360,622		1,767,464
*Koc Holding A.S. Series B	5,412,771		20,944,324
*Konya Cimento Sanayii A.S.	6,740		554,979
*Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S.	1,257,505		2,937,722
*Mardin Cimento Sanayii ve Ticaret A.S.	—		1
*Marmaris Marti Otel Isletmeleri A.S.	190,283		189,259
*Marshall Boya ve Vernik Sanayii A.S.	27,296		365,078

34

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
TURKEY — (Continued)
*Medya Holdings A.S.	33,508	$	—
*Menderes Tekstil Sanayi ve Ticaret A.S.	1		—
*Net Turizm Ticaret ve Sanayi A.S.	2,067,073		1,450,657
*Nortel Networks Netas Telekomuenikasyon A.S.	67,409		2,685,696
*Park Elektrik Madencilik Sanayi Ve Ticaret A.S.	94,308		196,714
*Petkim Petrokimya Holding A.S.	904,477		7,167,063
*Pinar Entegre Et ve Un Sanayi A.S.	231,479		967,965
*Pinar Sut Mamulleri Sanayii A.S.	178,141		1,090,035
*Raks Elektronik Sanayi ve Ticaret A.S.	5,859		3,109
*Sabah Yayincilik A.S.	31,938		81,529
*Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret A.S.	649,929		1,523,458
*Sekerbank T.A.S.	1,552,724		2,668,125
*Soda Sanayii A.S.	348,154		437,798
*Tat Konserve Sanayii A.S.	—		—
*Tekfen Holding A.S.	1,437,073		5,133,983
*Tekstil Bankasi A.S.	1,116,413		911,501
*Tire Kutsan Oluklu Mukavva Kutu Ve Kagit Sanayii A.S.	1		1
Tofas Turk Otomobil Fabrikasi A.S.	1,022,227		4,285,475
*Trakya Cam Sanayii A.S.	2,301,706		3,688,011
*Turcas Petrol A.S.	436,200		1,618,439
*Turk Ekonomi Bankasi A.S.	2,246,859		3,685,643
Turk Hava Yollari A.S.	3,599,632		11,898,499
*Turk Sise ve Cam Fabrikalari A.S.	4,183,331		5,668,294
Turkiye Garanti Bankasi A.S.	468,351		2,268,942
Turkiye Is Bankasi A.S.	4,921,910		17,093,875
*Turkiye Sinai Kalkinma Bankasi A.S.	2,955,458		4,593,115
*Turkiye Vakiflar Bankasi T.A.O.	7,707,611		20,404,609
*Ulker Biskuvi Sanayi A.S.	1,028,681		2,596,770
*Uzel Makina Sanayii A.S.	250,039		131,016
*Uzel Makina Sanayii A.S. I-10 Shares	25,004		13,102
*Vestel Beyaz Esya Sanayi ve Ticaret A.S.	546,941		1,698,105
*Vestel Elektronik Sanayi ve Ticaret A.S.	1,086,476		1,871,818
*Yapi ve Kredi Bankasi A.S.	3,784,468		10,824,021
TOTAL TURKEY			235,705,038
TOTAL COMMON STOCKS			9,190,349,261
PREFERRED STOCKS — (5.1%)
BRAZIL — (5.1%)
Banco Alfa de Investimento SA	61,726		247,153
Banco Bradesco SA Sponsored ADR	383,642		7,143,414
Banco Cruzeiro do Sul SA	10,000		61,614
Banco do Estado do Rio Grande do Sul SA	1,367,933		10,529,523
*Braskem SA Preferred A	1,479,200		10,569,057
#*Braskem SA Preferred A Sponsored ADR	306,860		4,372,755
Companhia Brasileira de Distribuicao Grupo Pao de Acucar	359,221		12,225,810
Companhia Brasileira de Distribuicao Grupo Pao de Acucar Sponsored ADR	12,781		875,626
*Companhia de Tecidos Norte de Minas	899,675		2,691,391
Confab Industrial SA	3,394,571		8,592,615
Forjas Taurus SA	675,391		2,226,372
Gerdau SA	2,445,084		40,173,507
#Gerdau SA Sponsored ADR	4,348,258		71,311,431
Gol Linhas Aereas Inteligentes SA	256,900		3,380,010
*Inepar Industria e Construcoes SA	117,532		398,253
Investimentos Itau SA	3,314,403		22,900,032
Itau Unibanco Holding SA ADR	102,135		2,214,287
Klabin SA	5,296,604		16,545,698
Mahle-Metal Leve SA Industria e Comercio	4,000		59,830
*Mangels Industrial SA	3,600		19,489
Marcopolo SA	1,886,030		8,918,836
Metalurgica Gerdau SA	4,022,600		79,167,638
#Petroleo Brasileiro SA ADR	896,515		34,013,779

35

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares	Value††
BRAZIL — (Continued)
Randon e Participacoes SA	918,750	$	5,121,638
Sao Paulo Alpargatas SA	874,000		3,097,276
Suzano Papel e Celullose SA	1,964,839		25,059,963
Telemar Norte Leste SA	549,500		14,541,637
Ultrapar Participacoes SA	170,741		8,049,604
#Ultrapar Participacoes SA Sponsored ADR	357,144		16,832,197
*Uniao de Industrias Petroquimicas SA Series B	7,370,473		3,010,520
Usinas Siderurgicas de Minas Gerais SA Series A	3,546,355		115,903,022
*Vale SA Series B	239,144		—
Whirlpool SA	72,600		141,587
TOTAL BRAZIL			530,395,564
INDIA — (0.0%)
*Ispat Industries, Ltd.	1,463,759		99,181
MALAYSIA — (0.0%)
*Malayan United Industries Berhad A1	1,526,067		86,259
*Malayan United Industries Berhad A2	1,526,067		81,467
TOTAL MALAYSIA			167,726
TOTAL PREFERRED STOCKS			530,662,471
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*Companhia Brasileira de Distribuicao Grupo Pao de Acucar Warrants	1,565		—
CHINA — (0.0%)
*HKC (Holdings), Ltd. Warrants 06/09/11	1,821,079		16,418
*Hong Kong Energy Holdings, Ltd. Warrants 06/09/11	110,368		2,559
*Kingboard Chemical Holdings, Ltd. Warrants 10/31/12	332,750		98,572
TOTAL CHINA			117,549
INDONESIA — (0.0%)
*PT Intiland Development Tbk Warrants 04/13/12	81,500		1,989
MALAYSIA — (0.0%)
*KPJ Healthcare Berhad Warrants 01/10/15	635,073		279,197
*Media Prima Berhad Warrants 12/31/14	57,521		11,831
*OSK Holdings Berhad Warrants 09/30/12	93,339		3,664
*Sarawak Oil Palms Berhad Warrants 01/19/11	53,568		31,456
TOTAL MALAYSIA			326,148
SOUTH AFRICA — (0.0%)
*Metorex, Ltd. Rights 04/16/10	1,109,517		103,644
SOUTH KOREA — (0.0%)
*Daiyang Metal Co., Ltd. Rights 05/14/10	45,355		24,757
THAILAND — (0.0%)
*Bangkokland PCL (Foreign) NVDR Warrants 05/02/13	15,090,426		55,968
*Sansiri PCL (Foreign) Warrants 01/20/15	4,991,450		120,332
TOTAL THAILAND			176,300
TOTAL RIGHTS/WARRANTS			750,387
	Face Amount
	(000)	Value†
TEMPORARY CASH INVESTMENTS — (0.0%)

36

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Face Amount
	(000)	Value†
Repurchase Agreement, PNC Capital Markets, Inc. 0.19%, 05/03/10 (Collateralized by $9,075,000 FHLMC 6.04%(r), 11/01/36, valued at $4,206,303) to be repurchased at $4,142,066	$4,142		$4,142,000
	Shares/ Face Amount
	(000)
SECURITIES LENDING COLLATERAL — (7.2%)
§@DFA Short Term Investment Fund	755,006,086	$	755,006,086
@Repurchase Agreement, Deutsche Bank Securities, Inc. 0.19%, 05/03/10 (Collateralized by FNMA, ranging in par values from $3,207,784 to $23,410,799, rates ranging from 6.000% to 7.000%, maturities ranging from 09/01/28 to 07/01/47, valued at $961,810)to be repurchased at $942,966	$943		942,951
TOTAL SECURITIES LENDING COLLATERAL			755,949,037
TOTAL INVESTMENTS — (100.0%) (Cost $8,185,035,515)		$	10,481,853,156

37

(b) Not applicable.

ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 11. CONTROLS AND PROCEDURES.

(a) Based on their evaluation of the Registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this Form N-CSR (the “Report”), the Registrant’s Principal Executive Officer and Principal Financial Officer believe that the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effectively designed to ensure that information required to be disclosed by the Registrant in the Report is recorded, processed, summarized and reported by the filing date, including ensuring that information required to be disclosed in the Report is accumulated and communicated to the Registrant’s officers that are making certifications in the Report, as appropriate, to allow timely decisions regarding required disclosure. The Registrant’s management, including the Principal Executive Officer and the Principal Financial Officer, recognizes that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) that occurred during the second fiscal quarter of the period covered by this Report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

ITEM 12. EXHIBITS.

(a)(1)	This item is not applicable.
(a)(2)	Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are filed herewith.
(a)(3)	This item is not applicable.
(b)	Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dimensional Emerging Markets Value Fund

By:	/s/ David G. Booth
	David G. Booth Chairman, Trustee, President and Co-Chief Executive Officer

Date: July 2, 2010

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:	/s/ David G. Booth
	David G. Booth Principal Executive Officer Dimensional Emerging Markets Value Fund

Date: July 2, 2010

By:	/s/ David R. Martin
	David R. Martin Principal Financial Officer Dimensional Emerging Markets Value Fund

Date: July 2, 2010