Dimensional Emerging Markets Value Fund NCSR Certified 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, President and General Counsel

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: October 31, 2021

ITEM 1.

REPORTS TO STOCKHOLDERS.

LOGO

Annual Report

Year Ended: October 31, 2021

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

DFA Investment Dimensions Group Inc.

Large Cap International Portfolio

International Core Equity Portfolio

Global Small Company Portfolio

International Small Company Portfolio

Japanese Small Company Portfolio

Asia Pacific Small Company Portfolio

United Kingdom Small Company Portfolio

Continental Small Company Portfolio

DFA International Real Estate Securities Portfolio

DFA Global Real Estate Securities Portfolio

DFA International Small Cap Value Portfolio

International Vector Equity Portfolio

International High Relative Profitability Portfolio

World ex U.S. Value Portfolio

World ex U.S. Core Equity Portfolio

World Core Equity Portfolio

Selectively Hedged Global Equity Portfolio

Emerging Markets Portfolio

Emerging Markets Small Cap Portfolio

Emerging Markets Value Portfolio

Emerging Markets Core Equity Portfolio

Emerging Markets Targeted Value Portfolio

Dimensional Investment Group Inc.

DFA International Value Portfolio

The DFA Investment Trust Company

The DFA International Value Series

The Japanese Small Company Series

The Asia Pacific Small Company Series

The United Kingdom Small Company Series

The Continental Small Company Series

The Canadian Small Company Series

The Emerging Markets Series

The Emerging Markets Small Cap Series

Dimensional Emerging Markets Value Fund

LOGO

December 2021

Dear Shareholder,

As we near the end of a year that saw us mark four decades since our founding, we want to thank you for entrusting us with your investments. We built Dimensional to implement the great ideas in finance, with the goal of transforming the investor experience for the better.

We are proud of the role Dimensional has played over the past 40 years in helping drive down costs, providing solutions that can improve diversification, and contributing to investor education. We’re committed to continuing to enhance our research-driven strategies, our efficient implementation, and the services we provide.

Just this past year, we launched an expanded offering for separately managed accounts, broadened our suite of fixed income solutions, and became one of the first asset managers to convert mutual funds into exchange-traded funds, offering greater choice in how investors access Dimensional’s strategies.

We have always focused on empowering financial professionals so they can meet their clients’ evolving needs. The solutions we have recently developed will help further that mission, offering more ability to customize and tailor investments to investors’ specific situations. It’s all part of our enduring tradition of innovation to enable the best possible experience for investors.

For 40 years, we have trusted markets. And for 40 years, we have built trust with financial professionals and investors around the world. The advances made in the industry have been profound for investors, and we believe this is just the beginning. We look forward to many more years of innovating on behalf of our clients and investors.


Sincerely,



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

ANNUAL REPORT

Table of Contents


	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes		1
DFA Investment Dimensions Group Inc.
Performance Charts		3
Management’s Discussion and Analysis		15
Disclosure of Fund Expenses		28
Disclosure of Portfolio Holdings		32
Schedules of Investments/Summary Schedules of Portfolio Holdings
Large Cap International Portfolio		34
International Core Equity Portfolio		38
Global Small Company Portfolio		43
International Small Company Portfolio		44
Japanese Small Company Portfolio		45
Asia Pacific Small Company Portfolio		46
United Kingdom Small Company Portfolio		47
Continental Small Company Portfolio		48
DFA International Real Estate Securities Portfolio		49
DFA Global Real Estate Securities Portfolio		53
DFA International Small Cap Value Portfolio		55
International Vector Equity Portfolio		60
International High Relative Profitability Portfolio		65
World ex U.S. Value Portfolio		69
World ex U.S. Core Equity Portfolio		70
World Core Equity Portfolio		77
Selectively Hedged Global Equity Portfolio		78
Emerging Markets Portfolio		80
Emerging Markets Small Cap Portfolio		81
Emerging Markets Value Portfolio		82
Emerging Markets Core Equity Portfolio		83
Emerging Markets Targeted Value Portfolio		88
Statements of Assets and Liabilities		93
Statements of Operations		99
Statements of Changes in Net Assets		105
Financial Highlights		113
Notes to Financial Statements		126
Report of Independent Registered Public Accounting Firm		155
Dimensional Investment Group Inc.
Performance Charts		157
Management’s Discussion and Analysis		158
Disclosure of Fund Expenses		161
Disclosure of Portfolio Holdings		163
Schedule of Investments
DFA International Value Portfolio		164
Statement of Assets and Liabilities		165
Statement of Operations		166
Statements of Changes in Net Assets		167
Financial Highlights		168
Notes to Financial Statements		170
Report of Independent Registered Public Accounting Firm		177
The DFA Investment Trust Company
Performance Charts		178
Management’s Discussion and Analysis		182
Disclosure of Fund Expenses		187

TABLE OF CONTENTS

CONTINUED


	Page
Disclosure of Portfolio Holdings		189
Summary Schedules of Portfolio Holdings
The DFA International Value Series		191
The Japanese Small Company Series		195
The Asia Pacific Small Company Series		198
The United Kingdom Small Company Series		201
The Continental Small Company Series		204
The Canadian Small Company Series		208
The Emerging Markets Series		211
The Emerging Markets Small Cap Series		216
Statements of Assets and Liabilities		221
Statements of Operations		223
Statements of Changes in Net Assets		225
Financial Highlights		228
Notes to Financial Statements		232
Report of Independent Registered Public Accounting Firm		245
Dimensional Emerging Markets Value Fund
Performance Charts		246
Management’s Discussion and Analysis		247
Disclosure of Fund Expenses		250
Disclosure of Portfolio Holdings		252
Summary Schedule of Portfolio Holdings
Dimensional Emerging Markets Value Fund		253
Statement of Assets and Liabilities		258
Statement of Operations		259
Statements of Changes in Net Assets		260
Financial Highlights		261
Notes to Financial Statements		262
Report of Independent Registered Public Accounting Firm		272
Fund Management		273
Board of Directors		273
Voting Proxies on Fund Portfolio Securities		283
Tax Notice to Shareholders		284

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

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DIMENSIONAL EMERGING MARKETS VALUE FUND

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings


Investment Abbreviations
ADR		American Depositary Receipt
SA		Special Assessment
REIT		Real Estate Investment Trust
GDR		Global Depositary Receipt
AUD		Australian Dollars
CHF		Swiss Franc
DKK		Danish Krone
EUR		Euro
GBP		British Pounds
HKD		Hong Kong Dollar
ILS		Israeli New Shekel
JPY		Japanese Yen
NOK		Norwegian Krone
SEK		Swedish Krona

Investment Footnotes
»		Securities that have been fair value factored. See Note B to Financial Statements.
‡		Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. “Other Securities” are those securities that are not among the top 50 holdings in unaffiliated issuers of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities.
#		Total or Partial Securities on Loan.
*		Non-Income Producing Securities.
†		See Note B to Financial Statements.
@		Security purchased with cash collateral received from Securities on Loan.
§		Affiliated Fund.
††		Security valued using significant unobservable inputs (Level 3).
W		Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

Financial Highlights


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

All Statements, Schedules and Notes to Financial Statements


—		Amounts designated as — are either zero or rounded to zero.
SEC		Securities and Exchange Commission
ʊ		Commencement of Operations.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Large Cap International Portfolio vs.

MSCI World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

International Core Equity Portfolio vs.

MSCI World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Global Small Company Portfolio vs.

MSCI All Country World Small Cap Index (net dividends)

January 18, 2017-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

International Small Company Portfolio vs.

MSCI World ex USA Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Japanese Small Company Portfolio vs.

MSCI Japan Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Asia Pacific Small Company Portfolio vs.

MSCI Pacific ex Japan Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

United Kingdom Small Company Portfolio vs.

MSCI United Kingdom Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Continental Small Company Portfolio vs.

MSCI Europe ex UK Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

DFA International Real Estate Securities Portfolio vs.

S&P Global ex U.S. REIT Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA Global Real Estate Securities Portfolio vs.

S&P Global REIT Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

DFA International Small Cap Value Portfolio vs.

MSCI World ex USA Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

International Vector Equity Portfolio vs.

MSCI World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

International High Relative Profitability Portfolio vs.

MSCI World ex USA Index (net dividends)

May 16, 2017-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

World Ex U.S. Value Portfolio vs.

MSCI All Country World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

World Ex U.S. Core Equity Portfolio vs.

MSCI All Country World ex USA Index (net dividends)

April 9, 2013-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

World Core Equity Portfolio vs.

MSCI All Country World Index (net dividends)

March 7, 2012-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Selectively Hedged Global Equity Portfolio vs.

MSCI All Country World Index (net dividends)

November 14, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Emerging Markets Portfolio vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets Small Cap Portfolio vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Emerging Markets Value Portfolio — Institutional Class vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets Value Portfolio — Class R2 vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Emerging Markets Core Equity Portfolio vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets Targeted Value Portfolio vs.

MSCI Emerging Markets Index (net dividends)

November 14, 2018-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

MANAGEMENT’S DISCUSSION AND ANALYSIS


International Equity Market Review		12 Months Ended October 31, 2021

Performance of non-U.S. developed markets was positive for the period. As measured by the MSCI World ex USA indices, small-cap stocks outperformed large-cap stocks, and mid-cap stocks, a subset of the large-cap universe, underperformed large-cap stocks and small-cap stocks. Value stocks outperformed growth stocks as measured by the MSCI World ex USA indices.

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI World ex USA Index		35.59	%
MSCI World ex USA Mid Cap Index		31.20	%
MSCI World ex USA Small Cap Index		37.19	%
MSCI World ex USA Value Index		40.88	%
MSCI World ex USA Growth Index		30.25	%

For the 12 Months Ended October 31, 2021, the U.S. dollar appreciated against some non-U.S. developed markets currencies and depreciated against others. Overall, currency movements did not have a material overall impact on the U.S. dollar-denominated returns of developed markets.

12 Months Ended October 31, 2021


Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		30.75	%		19.88	%
United Kingdom		35.57	%		43.72	%
Canada		38.56	%		49.05	%
France		48.30	%		47.33	%
Switzerland		28.36	%		28.75	%
Germany		33.47	%		32.60	%
Australia		27.93	%		36.82	%
Netherlands		60.71	%		59.67	%
Sweden		40.26	%		45.36	%
Hong Kong		18.26	%		17.91	%

Emerging markets had positive performance for the period but underperformed both U.S. and non-U.S. developed markets. As measured by the MSCI Emerging Markets indices, small-cap stocks outperformed large-cap stocks, and mid-cap stocks, a subset of the large-cap universe, outperformed large-cap stocks but underperformed small-cap stocks. Value stocks outperformed growth stocks as measured by the MSCI Emerging Markets indices.

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI Emerging Markets Index		16.96	%
MSCI Emerging Markets Mid Cap Index		31.20	%
MSCI Emerging Markets Small Cap Index		44.29	%
MSCI Emerging Markets Value Index		28.31	%
MSCI Emerging Markets Growth Index		7.38	%

For the 12 Months Ended October 31, 2021, the U.S. dollar depreciated against some emerging markets currencies and appreciated against others. Overall, currency movements had a positive impact on the U.S. dollar denominated returns of emerging markets.

12 Months Ended October 31, 2021


Ten Largest Emerging Markets by Market Cap Dollars	Local Return			Return in U.S.
China		-9.52	%		-9.21	%
Taiwan		38.36	%		42.32	%
Korea		27.78	%		24.08	%
India		51.78	%		50.21	%
Russia		64.53	%		81.80	%
Brazil		10.38	%		12.91	%
Saudi Arabia		56.07	%		56.04	%
South Africa		18.16	%		26.32	%
Mexico		42.35	%		47.44	%
Thailand		34.75	%		26.57	%

For Portfolios investing in non-U.S. equities traded outside of the U.S. market time zone, differences in the valuation timing and methodology between a Portfolio and its benchmark index may impact relative performance over the referenced period. The Portfolios price foreign exchange rates at the closing of the U.S. market, while their benchmark indices use rates at 4 p.m. London time. The Portfolios also may use fair value pricing to price certain portfolio securities at the closing of the U.S. market, while benchmark indices may use local market closing prices. For the one-year period ended October 31, 2021, these differences generally detracted from the Portfolios’ relative performance.

Large Cap International Portfolio

The Large Cap International Portfolio invests in developed ex U.S. large company stocks. The investment strategy is process driven, emphasizing broad diversification. with increased exposure to stocks with smaller total market capitalizations, lower relative price (value) stocks, and higher-profitability stocks within the large-cap segment of developed ex U.S. markets. As of October 31, 2021, the Portfolio held approximately 1,380 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 35.55% for the Portfolio and 35.59% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. The Portfolio’s greater emphasis on higher-profitability stocks detracted from performance relative to the benchmark, as these stocks generally underperformed lower-profitability stocks. Conversely, the Portfolio’s emphasis on value stocks contributed positively to performance relative to the benchmark, as value stocks outperformed growth stocks in developed ex US markets. These two drivers offset each other, and the portfolio performed in line with the benchmark.

International Core Equity Portfolio

The International Core Equity Portfolio invests in a broadly diversified group of stocks in developed ex U.S. markets, with increased exposure to stocks with smaller market capitalization, lower relative price (value), and higher profitability. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Portfolio held approximately 5,270 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 38.56% for the Portfolio and 35.59% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. The Portfolio’s emphasis on low relative price (value) stocks contributed positively to performance relative to the benchmark, as value stocks outperformed high relative price (growth) stocks in developed ex US markets. With small-cap stocks outperforming large-cap stocks for the period, the Portfolio’s inclusion of and emphasis on small-caps also contributed positively to performance relative to the benchmark, which is composed primarily of large-and mid-cap stocks.

Global Small Company Portfolio

The Global Small Company Portfolio is designed to capture the returns of global small company stocks by purchasing shares of seven funds (which shall be collectively referred to below as the “Underlying Funds”) managed by Dimensional that individually invest in Canada, the United States, the United Kingdom, Europe (including Israel and excluding the U.K.), Japan, the Asia Pacific region (ex Japan), and emerging markets. The Underlying Funds generally exclude stocks with the lowest profitability and highest relative price. The Underlying Funds also generally exclude certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Underlying Funds collectively held approximately 11,420 securities in 44 eligible developed and emerging markets.

For the 12 months ended October 31, 2021, total returns were 49.81% for the Portfolio and 45.22% for the MSCI All Country World Small Cap Index (net dividends), the Portfolio’s benchmark. The Underlying Funds’ greater emphasis on stocks with smaller market capitalizations contributed positively to performance relative to the benchmark, as these stocks outperformed. The Underlying Funds’ exclusion of stocks with the lowest profitability and highest relative price also contributed positively to relative performance, as did the Underlying Funds’ exclusion of stocks with high asset growth, as those stocks underperformed.

International Small Company Portfolio

The International Small Company Portfolio invests in developed ex U.S. small company stocks by purchasing shares of five Master Funds managed by Dimensional that invest individually in Canada, the United Kingdom, Europe (including Israel and excluding the U.K.), Japan, and the Asia Pacific region (ex Japan). The Portfolio generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Portfolio generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Master Funds collectively held approximately 4,460 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 40.83% for the Portfolio and 37.19% for the MSCI World ex USA Small Cap Index (net dividends), the Portfolio’s benchmark. The Master Funds’ exclusion of stocks with the lowest profitability and highest relative price contributed positively to performance relative to the benchmark, as did the Master Funds’ exclusion of stocks with high asset growth, as those stocks underperformed. The Master Funds’ greater emphasis on stocks with smaller market capitalizations also contributed positively to performance relative to the benchmark, as these stocks outperformed.

Japanese Small Company Portfolio

The Japanese Small Company Portfolio invests in Japanese small company stocks by purchasing shares of the Japanese Small Company Series, a Master Fund managed by Dimensional that invests in such securities. The Master Fund generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Master Fund generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Master Fund held approximately 1,820 securities. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2021, total returns were 12.66% for the Portfolio and 13.18% for the MSCI Japan Small Cap Index (net dividends), the Portfolio’s benchmark. The Master Fund’s greater emphasis on stocks with smaller market capitalizations detracted from performance relative to the benchmark, as these stocks underperformed. The Master Fund’s exclusion of real estate investment trusts (REITs) also detracted from relative performance, as REITs generally outperformed. Conversely, the Master Fund’s exclusion of stocks with the lowest profitability and highest relative price contributed positively to performance relative to the benchmark, as did the Master Fund’s exclusion of stocks with high asset growth, as those stocks underperformed.

Asia Pacific Small Company Portfolio

The Asia Pacific Small Company Portfolio invests in small company stocks in Australia, Hong Kong, New Zealand, and Singapore by purchasing shares of the Asia Pacific Small Company Series, a Master Fund managed by Dimensional that invests in such securities. The Master Fund generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Master Fund generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Master Fund held approximately 830 securities in 4 eligible countries. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2021, total returns were 37.81% for the Portfolio and 34.27% for the MSCI Pacific ex Japan Small Cap Index (net dividends), the Portfolio’s benchmark. The Master Fund’s emphasis on stocks with smaller market capitalizations, particularly in Australia, contributed positively to performance relative to the benchmark, as larger stocks held by the index underperformed. The Master Fund’s exclusion of real estate investment trusts (REITs) also contributed positively to relative performance, as REITs generally underperformed.

United Kingdom Small Company Portfolio

The United Kingdom Small Company Portfolio invests in small company stocks in the U.K. by purchasing shares of The United Kingdom Small Company Series, a Master Fund managed by Dimensional that invests in such securities. The Master Fund generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Master Fund generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Master Fund held approximately 330 securities. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2021, total returns were 51.31% for the Portfolio and 45.72% for the MSCI United Kingdom Small Cap Index (net dividends), the Portfolio’s benchmark. The Master Fund’s greater emphasis on stocks with smaller market capitalizations contributed positively to performance relative to the benchmark, as these stocks outperformed. The Master Fund’s exclusion of stocks with the lowest profitability and highest relative price also contributed positively to relative performance, as those securities underperformed for the period.

Continental Small Company Portfolio

The Continental Small Company Portfolio invests in small company stocks in the developed markets of Europe (excluding the U.K.) and Israel by purchasing shares of the Continental Small Company Series, a Master Fund managed by Dimensional that invests in such securities. The Master Fund generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Master Fund generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Master Fund held approximately 1,160 securities in 15 eligible countries. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 50.70% for the Portfolio and 49.80% for the MSCI Europe ex U.K. Small Cap Index (net dividends), the Portfolio’s benchmark. The Master Fund’s exclusion of stocks with the lowest profitability and highest relative price contributed positively to relative performance, as did the Master Fund’s exclusion of stocks with high asset growth, as those securities underperformed for the year. Additionally, the Master Fund’s exclusion of real estate investment trusts (REITs) contributed positively to relative performance, as REITs generally underperformed.


Global Real Estate Market Review		12 Months Ended October 31, 2021

Publicly traded global real estate investment trusts (REITs) had positive returns for the period. Global REITs outperformed U.S., developed non-U.S., and emerging markets equities. The U.S. REIT market, the world’s largest, had positive performance for the period and outperformed non-U.S. REITs. Among non-U.S. REIT markets, South Africa, the Netherlands, and Canada were among the strongest performers, while Malaysia, New Zealand, and Singapore lagged. At the REIT industry level, retail REITs and hotel and resort REITs generally outperformed, while specialized and health care REITs generally underperformed.

12 Months Ended October 31, 2021


	Return in U.S. Dollars
Dow Jones U.S. Select REIT Index^SM		56.10	%
S&P Global ex U.S. REIT Index		32.85	%
S&P Global REIT Index		44.12	%

Source: Returns are of Standard and Poor’s (S&P) indices net of foreign withholding taxes on dividends. Copyright S&P, 2021. All rights reserved. Dow Jones and S&P have different REIT eligibility criteria which can result in performance differences across different indices representing the same region.

For Portfolios investing in non-U.S. REITs and REIT-like securities traded outside of the U.S. market time zone, differences in the valuation timing and methodology between a Portfolio and its benchmark index may impact relative performance over the referenced period. The Portfolios price foreign exchange rates at the closing of the U.S. market, while their benchmark indices use rates at 4 p.m. London time. The Portfolios also may use fair value pricing to price certain portfolio securities at the closing of the U.S. market, while benchmark indices may use local market closing prices. For the one-year period ended October 31, 2021, these differences did not have material overall impact on the Portfolios’ relative performance.

DFA International Real Estate Securities Portfolio

The DFA International Real Estate Securities Portfolio invests in a broadly diversified portfolio of real estate securities in developed ex U.S. and emerging markets. As of October 31, 2021, the Portfolio held approximately 300 securities in 22 eligible developed ex U.S. and emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 33.69% for the Portfolio and 32.85% for the S&P Global ex US REIT Index (net dividends), the Portfolio’s benchmark. Withholding tax rate differences between the Portfolio and the benchmark contributed positively to performance relative to the benchmark as the Portfolio’s actual tax rate was lower than the assumed tax rates of the benchmark. Additionally, Thailand is not an eligible market for the Portfolio but the benchmark holds Thai securities, which contributed positively to relative performance as those securities underperformed.

DFA Global Real Estate Securities Portfolio

The DFA Global Real Estate Securities Portfolio invests in a broadly diversified group of real estate securities in domestic and international markets, including emerging markets. During the period covered by this report, the Portfolio’s investments included the DFA International Real Estate Securities Portfolio, the DFA Real Estate Securities Portfolio, and individual securities. As of October 31, 2021, the Portfolio held, either directly or through the underlying portfolios, approximately 460 securities in 23 eligible developed and emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 42.08% for the Portfolio and 44.12% for the S&P Global REIT Index (net dividends), the Portfolio’s benchmark. Differences in REIT eligibility between the Portfolio and the benchmark detracted from the Portfolio’s performance relative to the benchmark, most notably among tower REITs. The Portfolio includes tower REITs, which are excluded by the benchmark, and these securities generally underperformed.


International Equity Market Review		12 Months Ended October 31, 2021

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI World ex USA Index		35.59	%
MSCI World ex USA Mid Cap Index		31.20	%
MSCI World ex USA Small Cap Index		37.19	%
MSCI World ex USA Value Index		40.88	%
MSCI World ex USA Growth Index		30.25	%

12 Months Ended October 31, 2021


Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		30.75	%		19.88	%
United Kingdom		35.57	%		43.72	%
Canada		38.56	%		49.05	%
France		48.30	%		47.33	%
Switzerland		28.36	%		28.75	%
Germany		33.47	%		32.60	%
Australia		27.93	%		36.82	%
Netherlands		60.71	%		59.67	%
Sweden		40.26	%		45.36	%
Hong Kong		18.26	%		17.91	%

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI Emerging Markets Index		16.96	%
MSCI Emerging Markets Mid Cap Index		31.20	%
MSCI Emerging Markets Small Cap Index		44.29	%
MSCI Emerging Markets Value Index		28.31	%
MSCI Emerging Markets Growth Index		7.38	%

12 Months Ended October 31, 2021


Ten Largest Emerging Markets by Market Cap Dollars	Local Return			Return in U.S.
China		-9.52	%		-9.21	%
Taiwan		38.36	%		42.32	%
Korea		27.78	%		24.08	%
India		51.78	%		50.21	%
Russia		64.53	%		81.80	%
Brazil		10.38	%		12.91	%
Saudi Arabia		56.07	%		56.04	%
South Africa		18.16	%		26.32	%
Mexico		42.35	%		47.44	%
Thailand		34.75	%		26.57	%

DFA International Small Cap Value Portfolio

The DFA International Small Cap Value Portfolio invests in small-cap value stocks in developed ex U.S. markets, with an emphasis on those with higher profitability. Additionally, the Portfolio generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Portfolio held approximately 1,980 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 44.61% for the Portfolio and 37.19% for the MSCI World ex USA Small Cap Index (net dividends), the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s focus on value stocks contributed positively to performance relative to the style-neutral benchmark.

International Vector Equity Portfolio

The International Vector Equity Portfolio invests in a broadly diversified group of stocks in developed ex U.S. markets, with increased exposure to stocks with smaller market capitalization, lower relative price (value), and higher profitability. The Portfolio’s increased exposure to small capitalization and value stocks may be achieved by decreasing the allocation to or excluding the largest high relative price (growth) stocks in developed ex U.S. markets. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Portfolio held approximately 5,000 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 42.24% for the Portfolio and 35.59% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s greater emphasis on value stocks contributed positively to performance relative to the style-neutral benchmark. The Portfolio’s inclusion of and emphasis on stocks with smaller market capitalizations also contributed positively to performance relative to the benchmark, which is composed primarily of large-and mid-cap stocks, as small caps outperformed large caps.

International High Relative Profitability Portfolio

The International High Relative Profitability Portfolio invests in developed ex U.S. large-cap stocks with higher profitability. The investment strategy is process driven, emphasizing broad diversification, with increased exposure to stocks with smaller total market capitalizations, lower relative price (value), and higher profitability within the large cap high relative profitability segment of developed ex U.S. markets. As of October 31, 2021, the Portfolio held approximately 550 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 31.85% for the Portfolio and 35.59% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. The Portfolio’s focus on stocks with high profitability detracted from performance relative to the benchmark, as high-profitability stocks generally underperformed low profitability stocks for the period.

World ex U.S. Value Portfolio

The World ex U.S. Value Portfolio is designed to capture the returns of value stocks across all market capitalizations in developed ex U.S. and emerging markets. The Portfolio may pursue its objective by holding direct securities; by purchasing shares of funds managed by Dimensional: the DFA International Value Series, the DFA International Small Cap Value Portfolio, and the Dimensional Emerging Markets Value Fund (the “Underlying Funds”); or by a combination of securities and Underlying Funds. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Portfolio, directly and through the Underlying Funds, held approximately 5,690 securities in 44 eligible developed ex U.S. and emerging markets.

For the 12 months ended October 31, 2021, total returns were 45.23% for the Portfolio and 29.66% for the MSCI All Country World ex USA Index (net dividends), the Portfolio’s benchmark. The Underlying Funds’ focus on low relative price (value) stocks contributed positively to performance relative to the style-neutral benchmark, as value stocks outperformed high relative price (growth) stocks globally. With small-caps outperforming large-caps globally for the period, the Underlying Funds’ inclusion of and emphasis on small-cap stocks also contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

World ex U.S. Core Equity Portfolio

The World ex U.S. Core Equity Portfolio invests in a broadly diversified group of stocks in developed ex U.S. and emerging markets with increased exposure to stocks with smaller market capitalization, lower relative price (value), and higher profitability. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Portfolio held approximately 9,790 securities in 46 eligible developed ex U.S. and emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 35.87% for the Portfolio and 29.66% for the MSCI All Country World ex USA Index (net dividends), the Portfolio’s benchmark. The Portfolio’s greater emphasis on low relative price (value) stocks contributed positively to performance relative to the benchmark, as value stocks outperformed high relative price (growth) stocks in developed ex U.S. and emerging markets. With small-caps outperforming large-caps in developed ex U.S. and emerging markets for the period, the Portfolio’s inclusion of and emphasis on small-cap stocks also contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

World Core Equity Portfolio

The World Core Equity Portfolio seeks long-term capital appreciation generally by investing in a combination of mutual funds managed by Dimensional. During the period covered by this report, the Portfolio’s investments included the U.S. Core Equity 1 Portfolio, International Core Equity Portfolio, and Emerging Markets Core Equity Portfolio (collectively, the “Underlying Funds”). The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Underlying Funds collectively held more than 14,130 equity securities in 47 eligible developed and emerging markets.

For the 12 months ended October 31, 2021, total returns were 40.75% for the Portfolio and 37.28% for the MSCI All Country World Index (net dividends), the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks globally, the Underlying Funds’ greater emphasis on value stocks contributed positively to performance relative to the benchmark. With small-caps outperforming large-caps globally for the period, the Underlying Funds’ inclusion of and emphasis on small-cap stocks also contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

Selectively Hedged Global Equity Portfolio

The Selectively Hedged Global Equity Portfolio seeks long-term capital appreciation by investing in a combination of other mutual funds managed by Dimensional. During the period covered by this report, the Portfolio invests in the U.S. Core Equity 2 Portfolio, International Core Equity Portfolio, and Emerging Markets Core Equity Portfolio (the “Underlying Funds”). The Portfolio hedges foreign currency exposure on a selective basis to capture positive forward currency premiums. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Underlying Funds collectively held approximately 14,180 securities in 47 eligible developed and emerging markets.

For the 12 months ended October 31, 2021, total returns were 40.81% for the Portfolio and 37.28% for the MSCI All Country World Index (net dividends), the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks globally, the Underlying Funds’ greater emphasis on value stocks contributed positively to performance relative to the benchmark. With small-caps outperforming large-caps globally for the period, the Underlying Funds’ inclusion of and emphasis on small-cap stocks also contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks. The Portfolio’s strategy of selectively hedging foreign currency exposure contributed positively to performance relative to the benchmark (which does not hedge currency exposure), as the U.S. dollar generally strengthened against the currencies to which the Portfolio had hedged its exposure.

Emerging Markets Portfolio

The Emerging Markets Portfolio invests in large-cap stocks in emerging markets by purchasing shares of The Emerging Markets Series, a Master Fund managed by Dimensional that invests in such securities. The investment strategy is process driven, emphasizing broad diversification with increased exposure to stocks with smaller market capitalizations, lower relative price (value), and higher-profitability within the large-cap segment of emerging markets. As of October 31, 2021, the Master Fund held approximately 1,720 securities in 24 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2021, total returns were 21.91% for the Portfolio and 16.96% for the MSCI Emerging Markets Index (net dividends), the Portfolio’s benchmark. The Master Fund’s greater emphasis on low relative price (value) stocks contributed positively to performance relative to the benchmark, as value stocks outperformed high relative price (growth) stocks in emerging markets for the period. The Master Fund’s greater allocation to stocks with smaller market capitalizations within the large cap universe also contributed positively to relative performance, as these stocks outperformed their larger counterparts in emerging markets. The Master Fund’s emphasis on stocks with higher profitability also contributed positively to performance relative to the benchmark, as these stocks generally outperformed.

Emerging Markets Small Cap Portfolio

The Emerging Markets Small Cap Portfolio invests in small company stocks in emerging markets by purchasing shares of The Emerging Markets Small Cap Series, a Master Fund managed by Dimensional that invests in such securities. The Master Fund generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Master Fund generally excludes certain companies that with high asset growth. The Master Fund’s investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Master Fund held approximately 4,960 securities in 21 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2021, total returns were 35.51% for the Portfolio and 16.96% for the MSCI Emerging Markets Index (net dividends), the Portfolio’s benchmark. With small-cap stocks outperforming large-cap stocks in emerging markets, the Master Fund’s inclusion of stocks with smaller market capitalizations contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

Emerging Markets Value Portfolio

The Emerging Markets Value Portfolio invests in value stocks of large and small companies in emerging markets by purchasing shares of the Dimensional Emerging Markets Value Fund, a Master Fund managed by Dimensional that invests in such securities. The investment strategy is process driven, emphasizing broad diversification with increased exposure to stocks with smaller market capitalizations, lower relative price (value), and higher profitability within the value segment of emerging markets. As of October 31, 2021, the Master Fund held approximately 3,260 securities in 22 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2021, total returns were 34.91% for the Portfolio’s Class R2 shares, 35.24% for the Portfolio’s Institutional Class shares, and 16.96% for the MSCI Emerging Markets Index (net dividends), the Portfolio’s benchmark. The Master Fund’s focus on low relative price (value) stocks contributed positively to performance relative to the style-neutral benchmark, as value stocks outperformed high relative price (growth) stocks in emerging markets for the period. With small-cap stocks outperforming large-cap stocks, the Master Fund’s inclusion of small-caps also contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

Emerging Markets Core Equity Portfolio

The Emerging Markets Core Equity Portfolio invests in a broadly diversified group of stocks in emerging markets, with increased exposure to stocks with smaller market capitalization, lower relative price (value), and higher profitability. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Portfolio held approximately 6,340 securities in 24 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 26.19% for the Portfolio and 16.96% for the MSCI Emerging Markets Index (net dividends), the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s greater emphasis on value stocks contributed positively to performance relative to the benchmark. With small-cap stocks outperforming large-cap stocks in emerging markets for the period, the Portfolio’s inclusion of and emphasis on small-caps also contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

Emerging Markets Targeted Value Portfolio

The Emerging Markets Targeted Value Portfolio invests in value stocks of small- and mid-cap companies in emerging markets. The investment strategy is process driven, emphasizing broad diversification with increased exposure to smaller total market capitalizations, lower relative price (value) stocks, and higher-profitability stocks within the small- and mid-cap value segment of emerging markets. Additionally, the Portfolio generally excludes certain companies with high asset growth. As of October 31, 2021, the Portfolio held approximately 2,710 securities in 21 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2021, total returns were 38.29% for the Portfolio and 16.96% for the MSCI Emerging Markets Index (net dividends), the Portfolio’s benchmark. The Portfolio’s focus on low relative price (value) stocks contributed positively to performance relative to the style-neutral benchmark, as value stocks outperformed high relative price (growth) stocks in emerging markets for the period. With small-cap and mid-cap stocks outperforming large-cap stocks, the Portfolio’s focus on small- and mid-cap stocks also contributed positively to relative performance, which is composed primarily of large- and mid-cap stocks.

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended October 31, 2021

EXPENSE TABLES


	Beginning Account Value 05/01/21		Ending Account Value 10/31/21		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Large Cap International Portfolio
Actual Fund Return	$	1,000.00	$	1,045.30		0.19	%	$	0.98
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.25		0.19	%	$	0.97
International Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,042.30		0.25	%	$	1.29
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.95		0.25	%	$	1.28

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 05/01/21		Ending Account Value 10/31/21		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Global Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,041.60		0.47	%	$	2.42
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.84		0.47	%	$	2.40
International Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,045.20		0.46	%	$	2.37
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.89		0.46	%	$	2.35
Japanese Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,015.30		0.47	%	$	2.39
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.84		0.47	%	$	2.40
Asia Pacific Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,041.00		0.48	%	$	2.47
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.79		0.48	%	$	2.45
United Kingdom Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,015.30		0.59	%	$	3.00
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.23		0.59	%	$	3.01
Continental Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,057.00		0.47	%	$	2.44
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.84		0.47	%	$	2.40
DFA International Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	1,037.00		0.27	%	$	1.39
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.84		0.27	%	$	1.38
DFA Global Real Estate Securities Portfolio (4)
Actual Fund Return	$	1,000.00	$	1,089.30		0.24	%	$	1.26
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.00		0.24	%	$	1.22
DFA International Small Cap Value Portfolio
Actual Fund Return	$	1,000.00	$	1,040.70		0.53	%	$	2.73
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.53		0.53	%	$	2.70
International Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,043.00		0.42	%	$	2.16
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.09		0.42	%	$	2.14
International High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	1,051.40		0.30	%	$	1.55
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.69		0.30	%	$	1.53

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 05/01/21		Ending Account Value 10/31/21		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
World ex U.S. Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,037.20		0.44	%	$	2.26
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.99		0.44	%	$	2.24
World ex U.S. Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	1,023.90		0.32	%	$	1.63
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.59		0.32	%	$	1.63
World Core Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,055.60		0.28	%	$	1.45
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.79		0.28	%	$	1.43
Selectively Hedged Global Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	1,054.70		0.32	%	$	1.66
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.59		0.32	%	$	1.63
Emerging Markets Portfolio (3)
Actual Fund Return	$	1,000.00	$	963.10		0.39	%	$	1.93
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.24		0.39	%	$	1.99
Emerging Markets Small Cap Portfolio (3)
Actual Fund Return	$	1,000.00	$	1,006.80		0.63	%	$	3.19
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.03		0.63	%	$	3.21
Emerging Markets Value Portfolio (3)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	998.50		0.74	%	$	3.73
Institutional Class Shares	$	1,000.00	$	999.50		0.49	%	$	2.47
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.48		0.74	%	$	3.77
Institutional Class Shares	$	1,000.00	$	1,022.74		0.49	%	$	2.50
Emerging Markets Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	975.10		0.42	%	$	2.09
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.09		0.42	%	$	2.14
Emerging Markets Targeted Value Portfolio
Actual Fund Return	$	1,000.00	$	991.70		0.72	%	$	3.61
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.58		0.72	%	$	3.67

(1)

Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (184), then divided by the number of days in the year (365) to reflect the six-month period.

DISCLOSURE OF FUND EXPENSES

CONTINUED

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

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

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

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-PORT with the SEC on September 24, 2021. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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

A fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

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

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

FEEDER FUNDS


	Affiliated Investment Companies
Japanese Small Company Portfolio		100.0	%
Asia Pacific Small Company Portfolio		100.0	%
United Kingdom Small Company Portfolio		100.0	%
Continental Small Company Portfolio		100.0	%
Emerging Markets Portfolio		100.0	%
Emerging Markets Small Cap Portfolio		100.0	%
Emerging Markets Value Portfolio		100.0	%

FUNDS OF FUNDS


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

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

INTERNATIONAL EQUITY PORTFOLIOS


Large Cap International Portfolio
Communication Services	5.4	%
Consumer Discretionary	12.8	%
Consumer Staples	9.7	%
Energy	4.7	%
Financials	16.5	%
Health Care	10.8	%
Industrials	16.9	%
Information Technology	8.6	%
Materials	9.6	%
Real Estate	1.6	%
Utilities	3.4	%

	100.0	%


International Core Equity Portfolio
Communication Services	5.4	%
Consumer Discretionary	14.0	%
Consumer Staples	7.7	%
Energy	5.1	%
Financials	15.6	%
Health Care	7.7	%
Industrials	19.3	%
Information Technology	7.7	%
Materials	11.9	%
Real Estate	2.4	%
Utilities	3.2	%

	100.0	%


DFA International Real Estate Securities Portfolio
Real Estate	100.0	%

	100.0	%


DFA Global Real Estate Securities Portfolio
Affiliated Investment Companies	42.8	%
Real Estate	57.2	%

	100.0	%


DFA International Small Cap Value Portfolio
Communication Services	3.0	%
Consumer Discretionary	13.5	%
Consumer Staples	4.6	%
Energy	6.9	%
Financials	21.8	%
Health Care	2.5	%
Industrials	22.9	%
Information Technology	3.9	%
Materials	16.0	%
Real Estate	3.4	%
Utilities	1.5	%

	100.0	%


International Vector Equity Portfolio
Communication Services	5.1	%
Consumer Discretionary	13.1	%
Consumer Staples	6.5	%
Energy	5.9	%
Financials	18.8	%
Health Care	5.6	%
Industrials	20.4	%
Information Technology	7.0	%
Materials	12.6	%
Real Estate	2.6	%
Utilities	2.4	%

	100.0	%


International High Relative Profitability Portfolio
Communication Services	8.4	%
Consumer Discretionary	16.6	%
Consumer Staples	11.2	%
Energy	2.2	%
Financials	6.1	%
Health Care	13.1	%
Industrials	19.6	%
Information Technology	10.9	%
Materials	8.9	%
Real Estate	0.6	%
Utilities	2.4	%

	100.0	%


World ex U.S. Core Equity Portfolio
Communication Services	5.7	%
Consumer Discretionary	13.4	%
Consumer Staples	7.4	%
Energy	5.0	%
Financials	15.7	%
Health Care	6.4	%
Industrials	16.6	%
Information Technology	11.4	%
Materials	12.0	%
Real Estate	3.2	%
Utilities	3.2	%

	100.0	%


Emerging Markets Core Equity Portfolio
Communication Services	8.2	%
Consumer Discretionary	12.5	%
Consumer Staples	6.1	%
Energy	5.0	%
Financials	16.5	%
Health Care	4.0	%
Industrials	8.4	%
Information Technology	20.8	%
Materials	11.6	%
Real Estate	3.7	%
Utilities	3.2	%

	100.0	%


Emerging Markets Targeted Value Portfolio
Communication Services	3.7	%
Consumer Discretionary	10.2	%
Consumer Staples	5.1	%
Energy	3.2	%
Financials	17.4	%
Health Care	4.5	%
Industrials	16.1	%
Information Technology	12.9	%
Materials	16.8	%
Real Estate	6.9	%
Utilities	3.2	%

	100.0	%

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.7%)
AUSTRALIA — (5.9%)
#	BHP Group Ltd.		697,375	$	19,154,786		0.3	%
	Commonwealth Bank of Australia		310,658		24,623,436		0.4	%
	CSL Ltd.		124,326		28,289,174		0.5	%
	National Australia Bank Ltd.		811,247		17,638,112		0.3	%
	Other Securities				278,968,879		4.6	%

TOTAL AUSTRALIA					368,674,387		6.1	%

AUSTRIA — (0.2%)
	Other Securities				13,795,690		0.2	%

BELGIUM — (0.8%)
	Other Securities				53,333,536		0.9	%

CANADA — (10.2%)
	Bank of Montreal		161,778		17,554,531		0.3	%
	Canadian National Railway Co.		142,360		18,919,984		0.3	%
	Royal Bank of Canada		310,579		32,327,720		0.5	%
	Royal Bank of Canada		206,240		21,451,022		0.4	%
*	Shopify, Inc., Class A		12,023		17,634,495		0.3	%
#	Toronto-Dominion Bank		286,785		20,794,780		0.3	%
	Other Securities				506,410,874		8.4	%

TOTAL CANADA					635,093,406		10.5	%

DENMARK — (2.3%)
	Novo Nordisk AS, Class B		461,515		50,607,362		0.8	%
	Other Securities				92,833,766		1.6	%

TOTAL DENMARK					143,441,128		2.4	%

FINLAND — (1.2%)
	Other Securities				78,570,294		1.3	%

FRANCE — (9.2%)
	Air Liquide SA		137,694		22,989,071		0.4	%
*	Airbus SE		172,375		22,112,614		0.4	%
#	BNP Paribas SA		263,532		17,640,097		0.3	%
#	Cie Generale des Etablissements Michelin SCA		108,150		17,003,063		0.3	%
	L’Oreal SA		51,173		23,409,331		0.4	%
	LVMH Moet Hennessy Louis Vuitton SE		80,391		63,036,311		1.0	%
	Sanofi		213,213		21,415,989		0.4	%
	Schneider Electric SE		116,541		20,093,775		0.3	%
	TotalEnergies SE		551,438		27,613,230		0.5	%
	Other Securities				338,616,033		5.5	%

TOTAL FRANCE					573,929,514		9.5	%

GERMANY — (6.8%)
	Bayer AG		332,314		18,728,437		0.3	%
	Daimler AG		320,152		31,779,061		0.5	%
	Deutsche Post AG		337,563		20,897,505		0.3	%
	Deutsche Telekom AG		1,271,712		23,650,219		0.4	%
	SAP SE		212,517		30,774,818		0.5	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
Siemens AG		146,649	$	23,842,470		0.4	%
Other Securities				275,187,107		4.6	%

TOTAL GERMANY				424,859,617		7.0	%

HONG KONG — (2.2%)
AIA Group Ltd.		3,249,000		36,411,572		0.6	%
Hong Kong Exchanges & Clearing Ltd.		349,451		21,051,524		0.4	%
Other Securities				79,524,888		1.3	%

TOTAL HONG KONG				136,987,984		2.3	%

IRELAND — (0.6%)
Other Securities				38,275,588		0.6	%

ISRAEL — (0.6%)
Other Securities				37,231,801		0.6	%

ITALY — (2.0%)
Enel SpA		2,271,536		19,016,805		0.3	%
Other Securities				105,047,911		1.8	%

TOTAL ITALY				124,064,716		2.1	%

JAPAN — (21.0%)
Hitachi Ltd.		297,615		17,149,927		0.3	%
KDDI Corp.		742,300		22,699,521		0.4	%
Keyence Corp.		32,004		19,318,086		0.3	%
Recruit Holdings Co. Ltd.		356,200		23,694,067		0.4	%
SoftBank Group Corp.		428,176		23,180,319		0.4	%
Sony Group Corp.		367,700		42,578,294		0.7	%
Tokyo Electron Ltd.		43,700		20,365,638		0.4	%
Toyota Motor Corp.		2,420,615		42,709,706		0.7	%
Other Securities				1,100,287,924		18.2	%

TOTAL JAPAN				1,311,983,482		21.8	%

NETHERLANDS — (4.4%)
ASML Holding NV		30,871		25,094,815		0.4	%
ASML Holding NV		74,552		60,601,830		1.0	%
Koninklijke Ahold Delhaize NV		678,021		22,057,687		0.4	%
Stellantis NV		850,830		16,988,474		0.3	%
Other Securities				150,780,777		2.5	%

TOTAL NETHERLANDS				275,523,583		4.6	%

NEW ZEALAND — (0.4%)
Other Securities				22,492,321		0.4	%

NORWAY — (0.7%)
Other Securities				46,171,001		0.8	%

PORTUGAL — (0.2%)
Other Securities				12,070,216		0.2	%

SINGAPORE — (0.8%)
Other Securities				48,200,489		0.8	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
SPAIN — (2.0%)
Iberdrola SA		2,078,325	$	24,564,084		0.4	%
Other Securities				100,642,846		1.7	%

TOTAL SPAIN				125,206,930		2.1	%

SWEDEN — (3.4%)
Other Securities				213,759,707		3.5	%

SWITZERLAND — (7.6%)
Nestle SA		835,482		110,206,070		1.8	%
Novartis AG		422,743		34,966,216		0.6	%
Roche Holding AG		8,668		3,728,306		0.1	%
Roche Holding AG		205,381		79,563,359		1.3	%
Other Securities				244,093,241		4.0	%

TOTAL SWITZERLAND				472,557,192		7.8	%

UNITED KINGDOM — (12.2%)
AstraZeneca PLC, Sponsored ADR		505,883		31,556,982		0.5	%
BP PLC, Sponsored ADR		637,244		18,346,269		0.3	%
Diageo PLC, Sponsored ADR		105,239		21,013,071		0.4	%
Royal Dutch Shell PLC, Sponsored ADR, Class B		918,709		42,113,621		0.7	%
Unilever PLC, Sponsored ADR		450,191		24,121,234		0.4	%
Other Securities				623,554,407		10.3	%

TOTAL UNITED KINGDOM				760,705,584		12.6	%

UNITED STATES — (0.0%)
Other Securities				292,740		0.0	%

TOTAL COMMON STOCKS				5,917,220,906		98.1	%

PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
Other Securities				32,731,659		0.5	%

TOTAL INVESTMENT SECURITIES (Cost $3,905,702,782)				5,949,952,565

			Value†
SECURITIES LENDING COLLATERAL — (4.8%)
@§ The DFA Short Term Investment Fund		26,026,332		301,124,657		5.0	%

TOTAL INVESTMENTS—(100.0%) (Cost $4,206,796,383)			$	6,251,077,222		103.6	%

As of October 31, 2021, Large Cap International Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		229		12/17/21	$	51,002,305	$	52,635,650	$	1,633,345

Total Futures Contracts					$	51,002,305	$	52,635,650	$	1,633,345

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	3,641,424	$	365,032,963		—	$	368,674,387
Austria		—		13,795,690		—		13,795,690
Belgium		—		53,333,536		—		53,333,536
Canada		632,493,032		2,600,374		—		635,093,406
Denmark		5,020,496		138,420,632		—		143,441,128
Finland		79,111		78,491,183		—		78,570,294
France		3,422,750		570,506,764		—		573,929,514
Germany		14,497,008		410,362,609		—		424,859,617
Hong Kong		369,693		136,618,291		—		136,987,984
Ireland		11,995,930		26,279,658		—		38,275,588
Israel		6,778,941		30,452,860		—		37,231,801
Italy		2,313,854		121,750,862		—		124,064,716
Japan		19,253,418		1,292,730,064		—		1,311,983,482
Netherlands		79,527,665		195,995,918		—		275,523,583
New Zealand		—		22,492,321		—		22,492,321
Norway		89,985		46,081,016		—		46,171,001
Portugal		—		12,070,216		—		12,070,216
Singapore		1,156,488		47,044,001		—		48,200,489
Spain		5,033,888		120,173,042		—		125,206,930
Sweden		—		213,759,707		—		213,759,707
Switzerland		37,734,810		434,822,382		—		472,557,192
United Kingdom		226,190,003		534,515,581		—		760,705,584
United States		292,740		—		—		292,740
Preferred Stocks
Germany		—		32,731,659		—		32,731,659
Securities Lending Collateral		—		301,124,657		—		301,124,657
Futures Contracts**		1,633,345		—		—		1,633,345

TOTAL	$	1,051,524,581	$	5,201,185,986		—	$	6,252,710,567

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

See accompanying Notes to Financial Statements.

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


	Shares		Value»			Percentage of Net Assets‡
COMMON STOCKS — (94.9%)
AUSTRALIA — (6.0%)
# BHP Group Ltd.		4,074,214	$	111,906,362			0.3	%
Commonwealth Bank of Australia		931,529		73,835,033			0.2	%
CSL Ltd.		345,823		78,688,665			0.2	%
Other Securities				1,896,076,660			5.5	%

TOTAL AUSTRALIA				2,160,506,720			6.2	%

AUSTRIA — (0.5%)
Other Securities				194,447,574			0.6	%

BELGIUM — (1.1%)
Other Securities				386,927,579			1.1	%

CANADA — (10.3%)
Bank of Montreal		931,374		101,063,393			0.3	%
Canadian Natural Resources Ltd.		3,046,549		129,508,798			0.4	%
National Bank of Canada		950,404		78,683,253			0.2	%
# Royal Bank of Canada		886,501		92,274,611			0.3	%
Royal Bank of Canada		1,145,629		119,156,872			0.4	%
Other Securities				3,146,620,950			9.0	%

TOTAL CANADA				3,667,307,877			10.6	%

CHINA — (0.0%)
Other Securities				2,457,607			0.0	%

DENMARK — (2.2%)
Novo Nordisk AS, Class B		891,477		97,754,784			0.3	%
Novo Nordisk AS, Sponsored ADR		595,283		65,558,517			0.2	%
Other Securities				642,917,309			1.8	%

TOTAL DENMARK				806,230,610			2.3	%

FINLAND — (1.6%)
Other Securities				578,977,510			1.7	%

FRANCE — (7.6%)
Air Liquide SA		519,420		86,721,161			0.3	%
Cie de Saint-Gobain		974,295		67,238,565			0.2	%
# Cie Generale des Etablissements Michelin SCA		571,661		89,875,074			0.3	%
LVMH Moet Hennessy Louis Vuitton SE		248,440		194,807,144	��		0.6	%
# Orange SA		7,330,798		79,941,979			0.2	%
Teleperformance		179,034		74,784,588			0.2	%
TotalEnergies SE		1,973,714		98,833,628			0.3	%
Other Securities				2,022,503,162			5.7	%

TOTAL FRANCE				2,714,705,301			7.8	%

GERMANY — (6.4%)
Allianz SE		276,267		64,152,055			0.2	%
Bayer AG		1,277,637		72,004,622			0.2	%
Bayerische Motoren Werke AG		951,135		96,098,876			0.3	%
Daimler AG		1,688,994		167,653,626			0.5	%
Deutsche Telekom AG		5,639,652		104,881,456			0.3	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


					Percentage
	Shares		Value»		of Net Assets‡
GERMANY — (Continued)
Other Securities			$	1,774,833,658		5.1	%

TOTAL GERMANY				2,279,624,293		6.6	%

HONG KONG — (2.2%)
AIA Group Ltd.		10,843,200		121,519,838		0.4	%
Other Securities				677,631,236		1.9	%

TOTAL HONG KONG				799,151,074		2.3	%

IRELAND — (0.8%)
Kingspan Group PLC		602,633		69,378,104		0.2	%
Other Securities				213,112,214		0.6	%

TOTAL IRELAND				282,490,318		0.8	%

ISRAEL — (0.9%)
Other Securities				309,186,961		0.9	%

ITALY — (2.5%)
Other Securities				882,981,445		2.6	%

JAPAN — (21.5%)
Hitachi Ltd.		1,314,685		75,758,117		0.2	%
KDDI Corp.		2,741,900		83,847,255		0.3	%
Recruit Holdings Co. Ltd.		1,002,100		66,658,688		0.2	%
SoftBank Group Corp.		2,487,563		134,670,077		0.4	%
Sony Group Corp.		1,141,000		132,123,562		0.4	%
Takeda Pharmaceutical Co. Ltd.		2,631,263		73,848,531		0.2	%
Toyota Motor Corp.		12,059,470		212,779,157		0.6	%
Other Securities				6,889,456,635		19.9	%

TOTAL JAPAN				7,669,142,022		22.2	%

NETHERLANDS — (4.0%)
ASM International NV		168,914		76,447,873		0.2	%
ASML Holding NV		127,591		103,718,671		0.3	%
ASML Holding NV		182,526		148,371,735		0.4	%
Koninklijke Ahold Delhaize NV		3,630,618		118,112,911		0.4	%
Stellantis NV		5,527,990		110,377,040		0.3	%
Other Securities				861,900,774		2.5	%

TOTAL NETHERLANDS				1,418,929,004		4.1	%

NEW ZEALAND — (0.5%)
Other Securities				171,395,575		0.5	%

NORWAY — (0.9%)
Other Securities				339,507,956		1.0	%

PORTUGAL — (0.2%)
Other Securities				83,459,275		0.3	%

SINGAPORE — (0.8%)
Other Securities				286,151,766		0.8	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


					Percentage
	Shares		Value»		of Net Assets‡
SPAIN — (1.9%)
Iberdrola SA		8,431,582	$	99,654,363		0.3	%
Other Securities				569,227,515		1.6	%

TOTAL SPAIN				668,881,878		1.9	%

SWEDEN — (3.5%)
Volvo AB, Class B		2,990,796		69,742,821		0.2	%
Other Securities				1,171,765,002		3.4	%

TOTAL SWEDEN				1,241,507,823		3.6	%

SWITZERLAND — (6.9%)
Nestle SA		2,748,677		362,570,217		1.1	%
Novartis AG, Sponsored ADR		953,193		78,886,253		0.2	%
Roche Holding AG		634,350		245,743,359		0.7	%
Sika AG		223,952		75,870,373		0.2	%
Other Securities				1,701,728,084		4.9	%

TOTAL SWITZERLAND				2,464,798,286		7.1	%

UNITED KINGDOM — (12.6%)
Ashtead Group PLC		958,609		80,341,144		0.2	%
AstraZeneca PLC, Sponsored ADR		1,444,584		90,113,150		0.3	%
BP PLC, Sponsored ADR		3,664,680		105,506,137		0.3	%
HSBC Holdings PLC, Sponsored ADR		3,036,261		91,300,368		0.3	%
Rio Tinto PLC, Sponsored ADR		1,793,636		113,483,350		0.3	%
Royal Dutch Shell PLC, Sponsored ADR, Class B		3,096,174		141,928,616		0.4	%
Vodafone Group PLC		49,455,687		72,890,318		0.2	%
Other Securities				3,816,782,436		11.0	%

TOTAL UNITED KINGDOM				4,512,345,519		13.0	%

UNITED STATES — (0.0%)
Other Securities				6,492,442		0.0	%

TOTAL COMMON STOCKS				33,927,606,415		98.0	%

PREFERRED STOCKS — (0.6%)
AUSTRALIA — (0.0%)
Other Security				28,885		0.0	%

GERMANY — (0.6%)
Volkswagen AG		363,964		81,684,955		0.3	%
Other Securities				132,503,943		0.3	%

TOTAL GERMANY				214,188,898		0.6	%

TOTAL PREFERRED STOCKS				214,217,783		0.6	%

RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
Other Securities				7,891		0.0	%

CANADA — (0.0%)
Other Securities				757,963		0.0	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


					Percentage
	Shares		Value»		of Net Assets‡
HONG KONG — (0.0%)
Other Security			$	566		0.0	%

NEW ZEALAND — (0.0%)
Other Security				3,862		0.0	%

SPAIN — (0.0%)
Other Security				613,459		0.0	%

TOTAL RIGHTS/WARRANTS				1,383,741		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $24,808,815,099)				34,143,207,939


			Value†
SECURITIES LENDING COLLATERAL — (4.5%)
@§ The DFA Short Term Investment Fund		137,857,195		1,595,007,746		4.6	%

TOTAL INVESTMENTS—(100.0%) (Cost $26,403,662,509)			$	35,738,215,685		103.2	%

As of October 31, 2021, International Core Equity Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index.		1,302		12/17/21	$	290,261,986	$	299,264,700	$	9,002,714

Total Futures Contracts					$	290,261,986	$	299,264,700	$	9,002,714

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	46,638,769	$	2,113,867,699	$	252	$	2,160,506,720
Austria		73,164		194,374,410		—		194,447,574
Belgium		9,610,059		377,317,520		—		386,927,579
Canada		3,658,586,313		8,721,564		—		3,667,307,877
China		—		2,457,607		—		2,457,607
Denmark		65,558,517		740,672,093		—		806,230,610
Finland		5,717,227		573,260,283		—		578,977,510
France		40,903,587		2,673,775,577		26,137		2,714,705,301
Germany		58,770,155		2,220,854,138		—		2,279,624,293
Hong Kong		515,573		798,067,272		568,229		799,151,074
Ireland		50,884,763		231,605,555		—		282,490,318
Israel		35,296,542		273,890,419		—		309,186,961
Italy		20,609,882		862,371,563		—		882,981,445
Japan		155,933,205		7,513,208,817		—		7,669,142,022
Netherlands		227,661,850		1,191,267,154		—		1,418,929,004
New Zealand		239,560		171,156,015		—		171,395,575
Norway		14,691,274		324,816,682		—		339,507,956

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Portugal	$	409,650	$	83,049,625		—	$	83,459,275
Singapore		4,041,299		281,571,751	$	538,716		286,151,766
Spain		8,871,267		660,010,611		—		668,881,878
Sweden		2,091,261		1,239,416,562		—		1,241,507,823
Switzerland		137,578,979		2,327,219,307		—		2,464,798,286
United Kingdom		860,422,845		3,651,922,648		26		4,512,345,519
United States		5,590,831		901,611		—		6,492,442
Preferred Stocks
Australia		—		28,885		—		28,885
Germany		—		214,188,898		—		214,188,898
Rights/Warrants
Austria		—		7,891		—		7,891
Canada		—		757,963		—		757,963
Hong Kong		—		566		—		566
New Zealand		—		3,862		—		3,862
Spain		—		613,459		—		613,459
Securities Lending Collateral		—		1,595,007,746		—		1,595,007,746
Futures Contracts**		9,002,714		—		—		9,002,714

TOTAL	$	5,419,699,286	$	30,326,385,753	$	1,133,360^	$	35,747,218,399

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

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

See accompanying Notes to Financial Statements.

GLOBAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Small Cap Portfolio of DFA Investment Dimensions Group Inc.		1,204,052	$	58,396,527
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company				12,011,785
Investment in The Continental Small Company Series of The DFA Investment Trust Company				11,897,087
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				6,406,413
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				4,054,102
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				3,177,403
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				3,127,151

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $78,885,692)			$	99,070,468

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	99,070,468		—		—	$	99,070,468

TOTAL	$	99,070,468		—		—	$	99,070,468

See accompanying Notes to Financial Statements.

INTERNATIONAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (99.3%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	5,658,750,566
Investment in The Japanese Small Company Series of The DFA Investment Trust Company		3,029,775,727
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company		1,849,071,649
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company		1,438,166,259
Investment in The Canadian Small Company Series of The DFA Investment Trust Company		1,405,629,159

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	13,381,393,360


	Shares
TEMPORARY CASH INVESTMENTS — (0.7%)
State Street Institutional U.S. Government Money Market Fund, 0.025% (Cost $89,678,174)		89,678,174		89,678,174

TOTAL INVESTMENTS — (100.0%) (Cost $10,315,829,273)			$	13,471,071,534

As of October 31, 2021, International Small Company Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		376		12/17/21	$	84,282,399	$	86,423,600	$	2,141,201

Total Futures Contracts					$	84,282,399	$	86,423,600	$	2,141,201

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	13,381,393,360		—		—	$	13,381,393,360
Temporary Cash Investments		89,678,174		—		—		89,678,174
Futures Contracts**		2,141,201		—		—		2,141,201

TOTAL	$	13,473,212,735		—		—	$	13,473,212,735

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

See accompanying Notes to Financial Statements.

JAPANESE SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Japanese Small Company Series of The DFA Investment Trust Company	$	379,961,001

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	379,961,001

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

ASIA PACIFIC SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company	$	381,648,225

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	381,648,225

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

UNITED KINGDOM SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company	$	44,159,149

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	44,159,149

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

CONTINENTAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	868,047,933

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	868,047,933

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (95.0%)
AUSTRALIA — (19.6%)
	Charter Hall Group		5,103,518	$	66,957,724		1.1	%
	Dexus		11,937,669		97,922,093		1.6	%
	Goodman Group		18,809,830		311,432,106		5.2	%
	GPT Group		21,254,256		82,977,593		1.4	%
††	GPT Group		38,018,670		134,418		0.0	%
	Mirvac Group		43,745,807		93,360,751		1.6	%
	Scentre Group		57,493,866		131,136,895		2.2	%
	Stockland		26,479,587		91,273,558		1.5	%
	Vicinity Centres		42,897,822		56,023,859		0.9	%
	Other Securities				287,438,324		4.8	%

TOTAL AUSTRALIA					1,218,657,321		20.3	%

BELGIUM — (3.9%)
	Aedifica SA		389,502		51,940,122		0.9	%
	Cofinimmo SA		314,243		50,698,042		0.8	%
	Warehouses De Pauw CVA		1,524,898		69,438,532		1.2	%
	Other Securities				71,261,415		1.2	%

TOTAL BELGIUM					243,338,111		4.1	%

CANADA — (5.8%)
#	Canadian Apartment Properties REIT		923,055		45,071,278		0.8	%
	Other Securities				311,548,139		5.1	%

TOTAL CANADA					356,619,417		5.9	%

CHINA — (0.2%)
	Other Securities				10,098,158		0.2	%

FRANCE — (3.7%)
	Covivio		557,125		48,254,803		0.8	%
	Gecina SA		491,633		68,798,473		1.2	%
	Klepierre SA		2,234,429		53,193,397		0.9	%
	Other Securities				59,983,959		0.9	%

TOTAL FRANCE					230,230,632		3.8	%

GERMANY — (0.7%)
	Other Securities				44,088,240		0.7	%

HONG KONG — (4.1%)
	Link REIT		23,247,323		205,958,230		3.5	%
	Other Securities				46,113,463		0.7	%

TOTAL HONG KONG					252,071,693		4.2	%

IRELAND — (0.4%)
	Other Securities				23,157,845		0.4	%

ITALY — (0.1%)
	Other Securities				5,351,126		0.1	%

JAPAN — (24.0%)
	Activia Properties, Inc.		7,779		31,891,349		0.5	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
JAPAN — (Continued)
	Advance Residence Investment Corp.		14,540	$	47,788,683		0.8	%
#	Daiwa House REIT Investment Corp.		23,517		67,485,151		1.1	%
	GLP J-Reit		47,682		77,776,065		1.3	%
	Industrial & Infrastructure Fund Investment Corp.		21,064		38,621,832		0.6	%
	Japan Hotel REIT Investment Corp.		52,128		31,480,545		0.5	%
	Japan Metropolitan Fund Invest		78,535		72,135,891		1.2	%
	Japan Prime Realty Investment Corp.		9,165		33,616,379		0.6	%
	Japan Real Estate Investment Corp.		14,050		86,115,725		1.4	%
	Nippon Building Fund, Inc.		16,723		108,648,387		1.8	%
	Nippon Prologis REIT, Inc.		23,171		77,391,924		1.3	%
	Nomura Real Estate Master Fund, Inc.		47,837		71,634,291		1.2	%
	Orix JREIT, Inc.		29,058		48,210,264		0.8	%
#	Sekisui House Reit, Inc.		46,502		35,155,170		0.6	%
	United Urban Investment Corp.		33,229		41,421,902		0.7	%
	Other Securities				617,628,524		10.4	%

TOTAL JAPAN					1,487,002,082		24.8	%

MALAYSIA — (0.4%)
	Other Securities				27,388,672		0.5	%

MEXICO — (1.3%)
	Fibra Uno Administracion SA de CV		33,788,024		33,610,780		0.6	%
	Other Securities				49,038,844		0.8	%

TOTAL MEXICO					82,649,624		1.4	%

NETHERLANDS — (2.4%)
*	Unibail-Rodamco-Westfield (BFYM460)		1,117,588		79,801,027		1.3	%
	Other Securities				68,911,523		1.2	%

TOTAL NETHERLANDS					148,712,550		2.5	%

NEW ZEALAND — (1.4%)
	Other Securities				85,320,715		1.4	%

SINGAPORE — (9.4%)
	Ascendas Real Estate Investment Trust		36,985,780		84,713,371		1.4	%
	CapitaLand Integrated Commercial Trust		52,713,611		83,944,071		1.4	%
	Frasers Logistics & Commercial Trust		28,518,533		32,112,798		0.5	%
#	Mapletree Commercial Trust		23,802,806		38,501,573		0.7	%
#	Mapletree Industrial Trust		21,528,890		43,948,391		0.7	%
	Mapletree Logistics Trust		33,641,897		50,447,153		0.9	%
	Other Securities				252,147,248		4.2	%

TOTAL SINGAPORE					585,814,605		9.8	%

SOUTH AFRICA — (1.6%)
	Other Securities				99,204,219		1.7	%

SPAIN — (1.3%)
	Inmobiliaria Colonial Socimi SA		3,238,453		31,490,561		0.5	%
	Merlin Properties Socimi SA		4,130,353		44,730,390		0.8	%
	Other Security				6,047,686		0.1	%

TOTAL SPAIN					82,268,637		1.4	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
TAIWAN — (0.3%)
Other Securities			$	16,362,370		0.3	%

TURKEY — (0.2%)
Other Securities				14,687,885		0.2	%

UNITED KINGDOM — (14.2%)
Big Yellow Group PLC		1,977,824		39,989,352		0.7	%
British Land Co. PLC		9,943,872		67,140,760		1.1	%
Derwent London PLC		1,186,768		54,894,880		0.9	%
Land Securities Group PLC		7,899,894		74,215,378		1.2	%
LondonMetric Property PLC		10,440,495		37,340,880		0.6	%
Safestore Holdings PLC		2,716,328		44,652,930		0.7	%
Segro PLC		13,385,069		236,574,996		4.0	%
Tritax Big Box REIT PLC		20,179,674		62,101,613		1.0	%
UNITE Group PLC		3,594,188		53,664,055		0.9	%
Other Securities				213,644,130		3.7	%

TOTAL UNITED KINGDOM				884,218,974		14.8	%
TOTAL COMMON STOCKS				5,897,242,876		98.5	%

RIGHTS/WARRANTS — (0.0%)
UNITED KINGDOM — (0.0%)
Other Security				79		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $5,055,209,691)				5,897,242,955


			Value†
SECURITIES LENDING COLLATERAL — (5.0%)
@§ The DFA Short Term Investment Fund		26,840,639		310,546,189		5.2	%

TOTAL INVESTMENTS—(100.0%) (Cost $5,365,727,338)			$	6,207,789,144		103.7	%

As of October 31, 2021, DFA International Real Estate Securities Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		181		12/17/21	$	40,192,987	$	41,602,850	$	1,409,863

Total Futures Contracts					$	40,192,987	$	41,602,850	$	1,409,863

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	545,228	$	1,217,977,675	$	134,418	$	1,218,657,321
Belgium		—		243,338,111		—		243,338,111
Canada		356,619,417		—		—		356,619,417
China		—		10,098,158		—		10,098,158
France		—		230,230,632		—		230,230,632
Germany		—		44,088,240		—		44,088,240
Hong Kong		—		252,071,693		—		252,071,693
Ireland		—		23,157,845		—		23,157,845
Italy		—		5,351,126		—		5,351,126
Japan		—		1,487,002,082		—		1,487,002,082
Malaysia		—		27,388,672		—		27,388,672
Mexico		82,649,624		—		—		82,649,624
Netherlands		15,109,381		133,603,169		—		148,712,550
New Zealand		—		85,320,715		—		85,320,715
Singapore		—		585,814,605		—		585,814,605
South Africa		—		99,204,219		—		99,204,219
Spain		—		82,268,637		—		82,268,637
Taiwan		—		16,362,370		—		16,362,370
Turkey		—		14,687,885		—		14,687,885
United Kingdom		—		884,218,974		—		884,218,974
Rights/Warrants
United Kingdom		—		79		—		79
Securities Lending Collateral		—		310,546,189		—		310,546,189
Futures Contracts**		1,409,863		—		—		1,409,863

TOTAL	$	456,333,513	$	5,752,731,076	$	134,418^	$	6,209,199,007

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

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

See accompanying Notes to Financial Statements.

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (56.0%)
UNITED STATES — (56.0%)
Alexandria Real Estate Equities, Inc.		588,622	$	120,161,295		1.1	%
American Campus Communities, Inc.		578,584		31,081,533		0.3	%
American Homes 4 Rent, Class A		1,198,179		48,646,084		0.5	%
American Tower Corp.		1,814,073		511,514,164		4.9	%
Apartment Income REIT Corp.		646,305		34,648,414		0.3	%
# AvalonBay Communities, Inc.		595,358		140,909,331		1.3	%
# Boston Properties, Inc.		631,669		71,782,865		0.7	%
Camden Property Trust		416,002		67,849,926		0.6	%
Crown Castle International Corp.		1,756,044		316,614,733		3.0	%
CubeSmart		842,810		46,362,978		0.4	%
CyrusOne, Inc.		516,104		42,330,850		0.4	%
Digital Realty Trust, Inc.		1,067,765		168,503,963		1.6	%
Duke Realty Corp.		1,595,075		89,707,018		0.9	%
EastGroup Properties, Inc.		168,150		33,256,707		0.3	%
Equinix, Inc.		362,611		303,530,790		2.9	%
Equity LifeStyle Properties, Inc.		725,843		61,340,992		0.6	%
Equity Residential		1,590,294		137,401,402		1.3	%
# Essex Property Trust, Inc.		277,372		94,287,064		0.9	%
Extra Space Storage, Inc.		562,241		110,969,506		1.1	%
Federal Realty Investment Trust		306,103		36,839,496		0.4	%
# First Industrial Realty Trust, Inc.		541,190		31,513,494		0.3	%
Gaming & Leisure Properties, Inc.		925,101		44,858,148		0.4	%
Healthcare Trust of America, Inc., Class A		916,797		30,611,852		0.3	%
Healthpeak Properties, Inc.		2,298,884		81,633,371		0.8	%
* Host Hotels & Resorts, Inc.		2,961,527		49,842,499		0.5	%
Invitation Homes, Inc.		2,420,656		99,852,054		0.9	%
# Iron Mountain, Inc.		1,203,218		54,914,870		0.5	%
Kimco Realty Corp.		2,552,009		57,675,411		0.5	%
Lamar Advertising Co., Class A		362,565		41,042,358		0.4	%
Life Storage, Inc.		325,915		43,610,619		0.4	%
Medical Properties Trust, Inc.		2,423,399		51,691,101		0.5	%
Mid-America Apartment Communities, Inc.		488,169		99,688,894		0.9	%
National Retail Properties, Inc.		734,753		33,328,396		0.3	%
Prologis, Inc.		3,087,440		447,555,242		4.2	%
Public Storage		665,891		221,195,672		2.1	%
# Realty Income Corp.		1,593,474		113,821,848		1.1	%
Regency Centers Corp.		710,556		50,030,220		0.5	%
Rexford Industrial Realty, Inc.		594,593		39,956,650		0.4	%
SBA Communications Corp.		465,813		160,859,203		1.5	%
Simon Property Group, Inc.		1,393,026		204,189,751		1.9	%
# STORE Capital Corp.		1,063,612		36,513,800		0.3	%
Sun Communities, Inc.		469,155		91,944,997		0.9	%
UDR, Inc.		1,265,344		70,264,552		0.7	%
Ventas, Inc.		1,657,835		88,478,673		0.8	%
VEREIT, Inc.		967,276		48,653,993		0.5	%
# VICI Properties, Inc.		1,061,807		31,164,036		0.3	%
# Welltower, Inc.		1,786,156		143,606,942		1.4	%
WP Carey, Inc.		761,497		58,719,034		0.6	%
Other Securities				1,025,814,639		9.7	%

TOTAL UNITED STATES				6,020,771,430		57.1	%

TOTAL COMMON STOCKS				6,020,771,430		57.1	%

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
PREFERRED STOCKS — (0.0%)
UNITED STATES — (0.0%)
Other Security			$	1,327,734		0.0	%

			Value†
AFFILIATED INVESTMENT COMPANIES — (42.0%)
* DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc		727,520,729		3,666,704,472		34.8	%
DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		17,169,966		839,611,357		8.0	%

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES				4,506,315,829		42.8	%

TOTAL INVESTMENT SECURITIES (Cost $7,986,961,434)				10,528,414,993

SECURITIES LENDING COLLATERAL — (2.0%)
@§ The DFA Short Term Investment Fund		18,759,320		217,045,336		2.1	%

TOTAL INVESTMENTS—(100.0%) (Cost $8,203,997,508)			$	10,745,460,329		102.0	%

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
United States	$	6,020,722,361	$	49,069		—	$	6,020,771,430
Preferred Stocks
United States		1,327,734		—		—		1,327,734
Affiliated Investment Companies		4,506,315,829		—		—		4,506,315,829
Securities Lending Collateral		—		217,045,336		—		217,045,336

TOTAL	$	10,528,365,924	$	217,094,405		—	$	10,745,460,329

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (96.8%)
AUSTRALIA — (7.8%)
#	Bank of Queensland Ltd.		8,692,277	$	57,872,526		0.5	%
	Downer EDI Ltd.		10,150,069		48,529,011		0.4	%
#	IGO Ltd.		11,106,754		81,332,717		0.6	%
	OZ Minerals Ltd.		3,084,453		58,672,023		0.5	%
	Other Securities				759,692,150		5.9	%

TOTAL AUSTRALIA					1,006,098,427		7.9	%

AUSTRIA — (1.0%)
	Other Securities				127,262,202		1.0	%

BELGIUM — (1.8%)
	Ackermans & van Haaren NV		331,435		56,995,531		0.4	%
	D’ieteren Group		304,704		52,538,365		0.4	%
	Other Securities				129,199,361		1.1	%

TOTAL BELGIUM					238,733,257		1.9	%

CANADA — (10.9%)
#	Alamos Gold, Inc., Class A		7,320,411		54,299,752		0.4	%
	ARC Resources Ltd.		5,961,374		57,176,393		0.5	%
#	Canadian Western Bank		1,903,542		60,893,041		0.5	%
*	Home Capital Group, Inc., Class B		1,308,749		42,468,778		0.3	%
	Linamar Corp.		947,126		52,093,461		0.4	%
#*	MEG Energy Corp.		5,060,206		45,343,960		0.4	%
	Tourmaline Oil Corp.		1,682,234		60,800,199		0.5	%
	TransAlta Corp.		4,562,378		51,168,234		0.4	%
#	Whitecap Resources, Inc.		6,857,444		41,169,043		0.3	%
#	Yamana Gold, Inc.		12,036,191		47,265,585		0.4	%
	Other Securities				902,483,007		7.0	%

TOTAL CANADA					1,415,161,453		11.1	%

CHINA — (0.0%)
	Other Securities				806,719		0.0	%

DENMARK — (2.5%)
*	Jyske Bank AS		1,162,241		56,702,266		0.4	%
	Sydbank AS		1,555,575		53,457,498		0.4	%
	Other Securities				211,307,402		1.7	%

TOTAL DENMARK					321,467,166		2.5	%

FINLAND — (2.2%)
	Cargotec Oyj, Class B		846,300		43,825,174		0.4	%
	Konecranes Oyj, Class A		1,038,552		43,198,178		0.3	%
	Other Securities				202,439,039		1.6	%

TOTAL FINLAND					289,462,391		2.3	%

FRANCE — (4.1%)
*	Elis SA		3,022,710		57,393,983		0.5	%
	Rexel SA		2,914,413		57,927,440		0.5	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
FRANCE — (Continued)
	Other Securities			$	412,053,956		3.1	%

TOTAL FRANCE					527,375,379		4.1	%

GERMANY — (6.6%)
	Aurubis AG		1,029,677		88,727,111		0.7	%
*	Commerzbank AG		10,806,353		78,917,487		0.6	%
	Freenet AG		1,864,258		48,014,410		0.4	%
*	K+S AG		3,414,677		58,842,642		0.5	%
	Lanxess AG		1,151,558		77,594,697		0.6	%
	Other Securities				509,049,380		3.9	%

TOTAL GERMANY					861,145,727		6.7	%

GREECE — (0.0%)
	Other Securities				1,986		0.0	%

HONG KONG — (2.3%)
	Other Securities				298,086,830		2.3	%

IRELAND — (0.3%)
	Other Securities				34,253,029		0.3	%

ISRAEL — (1.1%)
	Other Securities				144,772,065		1.1	%

ITALY — (3.7%)
#	Banco BPM SpA		22,089,452		68,693,581		0.5	%
	Unipol Gruppo SpA		10,135,870		58,214,242		0.5	%
	Other Securities				347,407,845		2.7	%

TOTAL ITALY					474,315,668		3.7	%

JAPAN — (21.9%)
	Other Securities				2,846,865,637		22.3	%

NETHERLANDS — (2.7%)
	APERAM SA		1,047,061		62,429,558		0.5	%
	ASR Nederland NV		2,645,910		123,680,962		1.0	%
	SBM Offshore NV		4,276,666		67,521,170		0.5	%
	Other Securities				102,713,495		0.8	%

TOTAL NETHERLANDS					356,345,185		2.8	%

NEW ZEALAND — (0.4%)
	Other Securities				46,628,416		0.4	%

NORWAY — (0.7%)
	Other Securities				96,207,378		0.7	%

PORTUGAL — (0.3%)
	Other Securities				34,955,180		0.3	%

SINGAPORE — (0.9%)
	Other Securities				116,403,677		0.9	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SPAIN — (2.1%)
#	Bankinter SA		10,292,835	$	56,672,453		0.4	%
	Other Securities				218,447,235		1.7	%

TOTAL SPAIN					275,119,688		2.1	%

SWEDEN — (3.4%)
	Lindab International AB		1,604,743		52,575,849		0.4	%
	Other Securities				392,270,937		3.1	%

TOTAL SWEDEN					444,846,786		3.5	%

SWITZERLAND — (5.3%)
	Allreal Holding AG		283,546		59,968,770		0.5	%
	Helvetia Holding AG		529,875		63,050,268		0.5	%
	Siegfried Holding AG		64,976		62,496,657		0.5	%
	Other Securities				503,233,754		3.9	%

TOTAL SWITZERLAND					688,749,449		5.4	%

UNITED KINGDOM — (14.8%)
	Bellway PLC		2,165,422		98,253,559		0.8	%
	Close Brothers Group PLC		3,165,895		62,363,565		0.5	%
	Drax Group PLC		6,150,470		44,731,273		0.4	%
	Grafton Group PLC		5,481,699		100,685,089		0.8	%
	Man Group PLC		19,186,374		60,940,067		0.5	%
*	Meggitt PLC		8,865,721		91,022,660		0.7	%
	Paragon Banking Group PLC		6,577,529		49,308,900		0.4	%
*	Playtech PLC		4,272,115		40,644,360		0.3	%
	Redrow PLC		6,678,500		58,802,405		0.5	%
	Royal Mail PLC		10,200,913		58,806,428		0.5	%
	Travis Perkins PLC		4,636,653		98,022,794		0.8	%
	Vesuvius PLC		6,801,719		43,855,831		0.4	%
	Vistry Group PLC		5,262,888		88,130,772		0.7	%
	Other Securities				1,029,460,043		7.7	%

TOTAL UNITED KINGDOM					1,925,027,746		15.0	%

UNITED STATES — (0.0%)
	Other Security				1,846,620		0.0	%

TOTAL COMMON STOCKS					12,571,938,061		98.3	%

PREFERRED STOCKS — (0.2%)
GERMANY — (0.2%)
	Other Securities				30,269,615		0.3	%

RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
	Other Security				503		0.0	%

CANADA — (0.0%)
	Other Security				39,007		0.0	%

NEW ZEALAND — (0.0%)
	Other Security				30,165		0.0	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
SINGAPORE — (0.0%)
Other Securities			$	17,360		0.0	%

SPAIN — (0.0%)
Other Security				10,407		0.0	%

TOTAL RIGHTS/WARRANTS				97,442		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $10,248,353,766)				12,602,305,118


			Value†
SECURITIES LENDING COLLATERAL — (3.0%)
@§ The DFA Short Term Investment Fund		33,153,941		383,591,098		3.0	%

TOTAL INVESTMENTS—(100.0%) (Cost $10,631,897,697)			$	12,985,896,216		101.6	%

As of October 31, 2021, DFA International Small Cap Value Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		510		12/17/21	$	112,721,849	$	117,223,500	$	4,501,651
Total Futures Contracts					$	112,721,849	$	117,223,500	$	4,501,651

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia		—	$	1,006,098,427		—	$	1,006,098,427
Austria		—		127,262,202		—		127,262,202
Belgium	$	825,516		237,907,741		—		238,733,257
Canada		1,412,654,957		2,506,496		—		1,415,161,453
China		—		806,719		—		806,719
Denmark		—		321,467,166		—		321,467,166
Finland		—		289,462,391		—		289,462,391
France		—		527,375,379		—		527,375,379
Germany		15,404,577		845,741,150		—		861,145,727
Greece		—		—	$	1,986		1,986
Hong Kong		—		297,553,804		533,026		298,086,830
Ireland		—		34,253,029		—		34,253,029
Israel		1,517,258		143,254,807		—		144,772,065
Italy		—		474,315,668		—		474,315,668
Japan		18,249,171		2,828,616,466		—		2,846,865,637
Netherlands		—		356,345,185		—		356,345,185
New Zealand		—		46,628,416		—		46,628,416
Norway		—		96,207,378		—		96,207,378
Portugal		—		34,955,180		—		34,955,180

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Singapore		—	$	115,028,770	$	1,374,907	$	116,403,677
Spain		—		275,119,688		—		275,119,688
Sweden	$	4,722,188		440,124,598		—		444,846,786
Switzerland		1,311,051		687,438,398		—		688,749,449
United Kingdom		—		1,925,027,746		—		1,925,027,746
United States		1,846,620		—		—		1,846,620
Preferred Stocks
Germany		—		30,269,615		—		30,269,615
Rights/Warrants
Austria		—		503		—		503
Canada		—		39,007		—		39,007
New Zealand		—		30,165		—		30,165
Singapore		—		17,360		—		17,360
Spain		—		10,407		—		10,407
Securities Lending Collateral		—		383,591,098		—		383,591,098
Futures Contracts**		4,501,651		—		—		4,501,651

TOTAL	$	1,461,032,989	$	11,527,454,959	$	1,909,919^	$	12,990,397,867

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

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

See accompanying Notes to Financial Statements.

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (95.8%)
AUSTRALIA — (6.0%)
	National Australia Bank Ltd.		308,973	$	6,717,683		0.2	%
	Westpac Banking Corp.		357,485		6,954,916		0.2	%
	Other Securities				215,373,029		5.8	%

TOTAL AUSTRALIA					229,045,628		6.2	%

AUSTRIA — (0.7%)
	Other Securities				28,127,457		0.8	%

BELGIUM — (1.2%)
	Other Securities				43,782,692		1.2	%

CANADA — (9.9%)
	Bank of Nova Scotia		102,743		6,735,831		0.2	%
	Canadian Natural Resources Ltd.		218,739		9,298,595		0.3	%
	Royal Bank of Canada		73,948		7,697,141		0.2	%
	Suncor Energy, Inc.		242,441		6,376,198		0.2	%
	Tourmaline Oil Corp.		211,983		7,661,603		0.2	%
	Other Securities				341,427,029		9.1	%

TOTAL CANADA					379,196,397		10.2	%

CHINA — (0.0%)
	Other Securities				248,576		0.0	%

DENMARK — (2.4%)
	Novo Nordisk AS, Class B		58,933		6,462,290		0.2	%
#	Pandora AS		42,629		5,965,313		0.2	%
	Other Securities				78,578,314		2.0	%

TOTAL DENMARK					91,005,917		2.4	%

FINLAND — (1.7%)
	Other Securities				64,132,489		1.7	%

FRANCE — (7.2%)
	Arkema SA		56,478		7,725,851		0.2	%
#	BNP Paribas SA		106,510		7,129,482		0.2	%
	Carrefour SA		467,430		8,462,285		0.2	%
	Cie de Saint-Gobain		85,238		5,882,490		0.2	%
	Cie Generale des Etablissements Michelin SCA		51,511		8,098,427		0.2	%
	Engie SA		450,025		6,401,672		0.2	%
#	Orange SA		1,316,569		14,357,118		0.4	%
	TotalEnergies SE		308,861		15,466,199		0.4	%
	Other Securities				201,686,521		5.4	%

TOTAL FRANCE					275,210,045		7.4	%

GERMANY — (6.1%)
	Allianz SE		36,861		8,559,505		0.2	%
	Bayerische Motoren Werke AG		59,479		6,009,520		0.2	%
*	Commerzbank AG		883,755		6,453,954		0.2	%
	Daimler AG		163,910		16,270,103		0.5	%
	KION Group AG		61,526		6,720,408		0.2	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
	Other Securities			$	190,211,492		5.0	%

TOTAL GERMANY					234,224,982		6.3	%

HONG KONG — (2.2%)
	Other Securities				83,786,185		2.3	%

IRELAND — (0.8%)
#	CRH PLC, Sponsored ADR		242,922		11,645,681		0.3	%
	Other Securities				18,814,777		0.5	%

TOTAL IRELAND					30,460,458		0.8	%

ISRAEL — (1.1%)
	Other Securities				40,476,578		1.1	%

ITALY — (2.6%)
	UniCredit SpA		476,352		6,297,103		0.2	%
	Other Securities				92,977,039		2.5	%

TOTAL ITALY					99,274,142		2.7	%

JAPAN — (22.8%)
	ENEOS Holdings, Inc.		1,499,070		6,044,624		0.2	%
	Mitsubishi UFJ Financial Group, Inc.		1,117,000		6,125,063		0.2	%
	SoftBank Group Corp.		189,600		10,264,444		0.3	%
	Sony Group Corp., Sponsored ADR		54,920		6,359,187		0.2	%
	Toyota Motor Corp.		430,090		7,588,575		0.2	%
#	Toyota Motor Corp., Sponsored ADR		34,806		6,145,695		0.2	%
	Other Securities				825,746,654		22.1	%

TOTAL JAPAN					868,274,242		23.4	%

NETHERLANDS — (4.0%)
#	Aegon NV		1,281,817		6,501,745		0.2	%
	ASML Holding NV		9,650		7,844,024		0.2	%
	ASR Nederland NV		149,446		6,985,735		0.2	%
	Koninklijke Ahold Delhaize NV		417,882		13,594,727		0.4	%
	Randstad NV		97,050		6,972,790		0.2	%
W	Signify NV		139,981		6,782,973		0.2	%
	Stellantis NV		684,296		13,663,295		0.4	%
	Other Securities				92,009,344		2.4	%

TOTAL NETHERLANDS					154,354,633		4.2	%

NEW ZEALAND — (0.5%)
	Other Securities				18,848,422		0.5	%

NORWAY — (0.9%)
	Other Securities				34,154,176		0.9	%

PORTUGAL — (0.3%)
	Other Securities				9,398,212		0.3	%

SINGAPORE — (0.8%)
	Other Securities				31,551,712		0.8	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
SPAIN — (2.0%)
# Banco Santander SA		1,654,793	$	6,276,767		0.2	%
Other Securities				68,632,226		1.8	%

TOTAL SPAIN				74,908,993		2.0	%

SWEDEN — (3.5%)
Other Securities				134,529,860		3.6	%

SWITZERLAND — (7.2%)
Georg Fischer AG		4,182		6,327,583		0.2	%
Julius Baer Group Ltd.		127,245		9,203,895		0.3	%
Nestle SA		126,847		16,732,029		0.5	%
Swiss Life Holding AG		11,301		6,199,347		0.2	%
Swisscom AG		15,415		8,393,842		0.2	%
Zurich Insurance Group AG		14,535		6,442,211		0.2	%
Other Securities				222,040,181		5.8	%

TOTAL SWITZERLAND				275,339,088		7.4	%

UNITED KINGDOM — (11.9%)
BP PLC		2,030,060		9,725,815		0.3	%
* BT Group PLC		3,604,399		6,847,741		0.2	%
HSBC Holdings PLC, Sponsored ADR		320,826		9,647,238		0.3	%
Kingfisher PLC		1,314,662		6,033,761		0.2	%
Royal Dutch Shell PLC, Sponsored ADR, Class B		311,988		14,301,530		0.4	%
Other Securities				407,199,866		10.8	%

TOTAL UNITED KINGDOM				453,755,951		12.2	%

UNITED STATES — (0.0%)
Other Securities				772,717		0.0	%

TOTAL COMMON STOCKS				3,654,859,552		98.4	%

PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
Volkswagen AG		30,000		6,732,942		0.2	%
Other Securities				12,861,997		0.3	%

TOTAL GERMANY				19,594,939		0.5	%

RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
Other Securities				1,803		0.0	%

CANADA — (0.0%)
Other Securities				149,605		0.0	%

HONG KONG — (0.0%)
Other Security				362		0.0	%

NEW ZEALAND — (0.0%)
Other Security				4,499		0.0	%

PORTUGAL — (0.0%)
Other Security				1,564		0.0	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
SPAIN — (0.0%)
Other Security			$	82,748		0.0	%

TOTAL RIGHTS/WARRANTS				240,581		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $2,695,410,139)				3,674,695,072


			Value†
SECURITIES LENDING COLLATERAL — (3.7%)
@§ The DFA Short Term Investment Fund		12,358,512		142,987,985		3.8	%

TOTAL INVESTMENTS—(100.0%) (Cost $2,838,377,627)			$	3,817,683,057		102.7	%

As of October 31, 2021, International Vector Equity Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		78		12/17/21	$	17,102,224	$	17,928,300	$	826,076

Total Futures Contracts					$	17,102,224	$	17,928,300	$	826,076

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	235,357	$	228,810,221	$	50	$	229,045,628
Austria		—		28,127,457		—		28,127,457
Belgium		1,989,595		41,793,097		—		43,782,692
Canada		377,787,675		1,408,722		—		379,196,397
China		—		248,576		—		248,576
Denmark		—		91,005,917		—		91,005,917
Finland		—		64,132,489		—		64,132,489
France		351,761		274,856,393		1,891		275,210,045
Germany		8,560,250		225,664,732		—		234,224,982
Hong Kong		117,300		83,579,229		89,656		83,786,185
Ireland		11,645,681		18,814,777		—		30,460,458
Israel		3,121,274		37,355,304		—		40,476,578
Italy		1,153,965		98,120,177		—		99,274,142
Japan		17,470,956		850,803,286		—		868,274,242
Netherlands		17,090,712		137,263,921		—		154,354,633
New Zealand		10,554		18,837,868		—		18,848,422
Norway		45,021		34,109,155		—		34,154,176
Portugal		—		9,398,212		—		9,398,212
Singapore		334,947		31,154,416		62,349		31,551,712
Spain		3,623,676		71,285,317		—		74,908,993
Sweden		372,233		134,157,627		—		134,529,860
Switzerland		16,241,831		259,097,257		—		275,339,088

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
United Kingdom	$	57,737,822	$	396,018,129		—	$	453,755,951
United States		575,239		197,478		—		772,717
Preferred Stocks
Germany		—		19,594,939		—		19,594,939
Rights/Warrants
Austria		—		1,803		—		1,803
Canada		—		149,605		—		149,605
Hong Kong		—		362		—		362
New Zealand		—		4,499		—		4,499
Portugal		—		1,564		—		1,564
Spain		—		82,748		—		82,748
Securities Lending Collateral		—		142,987,985		—		142,987,985
Futures Contracts**		826,076		—		—		826,076

TOTAL	$	519,291,925	$	3,299,063,262	$	153,946^	$	3,818,509,133

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

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

See accompanying Notes to Financial Statements.

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (95.1%)
AUSTRALIA — (6.0%)
# BHP Group Ltd., Sponsored ADR		261,477	$	14,339,399		0.7	%
CSL Ltd.		93,279		21,224,731		1.0	%
Wesfarmers Ltd.		252,587		10,928,358		0.5	%
Other Securities				89,562,204		4.0	%

TOTAL AUSTRALIA				136,054,692		6.2	%

AUSTRIA — (0.1%)
Other Securities				3,304,905		0.2	%

BELGIUM — (0.7%)
Other Securities				15,930,310		0.7	%

CANADA — (9.6%)
Canadian National Railway Co.		103,129		13,706,091		0.6	%
Constellation Software, Inc.		6,141		10,792,351		0.5	%
National Bank of Canada		138,986		11,506,549		0.5	%
Royal Bank of Canada		185,318		19,289,484		0.9	%
Royal Bank of Canada		64,164		6,673,698		0.3	%
TC Energy Corp.		200,669		10,855,518		0.5	%
Other Securities				144,179,424		6.6	%

TOTAL CANADA				217,003,115		9.9	%

DENMARK — (2.7%)
Novo Nordisk AS, Class B		490,008		53,731,758		2.4	%
Other Securities				7,642,730		0.4	%

TOTAL DENMARK				61,374,488		2.8	%

FINLAND — (0.9%)
Other Securities				20,021,880		0.9	%

FRANCE — (9.1%)
Air Liquide SA		66,793		11,151,605		0.5	%
* Airbus SE		114,996		14,751,919		0.7	%
Capgemini SE		55,952		13,045,927		0.6	%
Kering SA		17,329		13,006,013		0.6	%
Legrand SA		107,350		11,710,814		0.5	%
LVMH Moet Hennessy Louis Vuitton SE		59,150		46,380,786		2.1	%
Other Securities				96,011,168		4.4	%

TOTAL FRANCE				206,058,232		9.4	%

GERMANY — (7.1%)
Bayer AG		204,634		11,532,692		0.5	%
Daimler AG		196,327		19,487,892		0.9	%
Deutsche Post AG		218,448		13,523,455		0.6	%
Deutsche Telekom AG		837,113		15,567,916		0.7	%
E.ON SE		886,740		11,243,686		0.5	%
Other Securities				88,913,803		4.1	%

TOTAL GERMANY				160,269,444		7.3	%

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
HONG KONG — (2.3%)
Hong Kong Exchanges & Clearing Ltd.		293,437	$	17,677,145		0.8	%
Techtronic Industries Co. Ltd.		571,500		11,741,611		0.5	%
Other Securities				22,099,748		1.1	%

TOTAL HONG KONG				51,518,504		2.4	%

IRELAND — (0.6%)
Other Securities				13,209,635		0.6	%

ISRAEL — (0.4%)
Other Securities				9,746,523		0.4	%

ITALY — (1.7%)
Other Securities				39,537,219		1.8	%

JAPAN — (20.7%)
Daikin Industries Ltd.		49,600		10,863,132		0.5	%
Hitachi Ltd.		263,500		15,184,066		0.7	%
Hoya Corp.		78,800		11,600,027		0.5	%
KDDI Corp.		456,200		13,950,588		0.6	%
Nintendo Co. Ltd.		25,600		11,306,418		0.5	%
Recruit Holdings Co. Ltd.		234,200		15,578,749		0.7	%
SoftBank Group Corp.		427,500		23,143,722		1.1	%
Sony Group Corp.		328,700		38,062,239		1.7	%
Tokyo Electron Ltd.		33,900		15,798,515		0.7	%
Other Securities				314,033,352		14.5	%

TOTAL JAPAN				469,520,808		21.5	%

NETHERLANDS — (4.5%)
ASML Holding NV		14,189		11,534,233		0.5	%
ASML Holding NV		52,224		42,451,845		2.0	%
Koninklijke Ahold Delhaize NV		441,808		14,373,098		0.7	%
Wolters Kluwer NV		135,723		14,212,699		0.7	%
Other Securities				19,962,958		0.8	%

TOTAL NETHERLANDS				102,534,833		4.7	%

NEW ZEALAND — (0.2%)
Other Securities				5,796,298		0.3	%

NORWAY — (0.7%)
Other Securities				16,637,032		0.8	%

PORTUGAL — (0.1%)
Other Security				1,495,116		0.1	%

SINGAPORE — (0.8%)
Other Securities				17,435,745		0.8	%

SPAIN — (1.8%)
Iberdrola SA		961,878		11,368,609		0.5	%
Other Securities				29,892,893		1.4	%

TOTAL SPAIN				41,261,502		1.9	%

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SWEDEN — (2.8%)
	Other Securities			$	63,574,460		2.9	%

SWITZERLAND — (8.9%)
	Geberit AG		14,079		10,995,031		0.5	%
#	Givaudan SA		2,412		11,365,189		0.5	%
	Nestle SA		290,751		38,352,143		1.7	%
	Partners Group Holding AG		7,501		13,103,903		0.6	%
	Roche Holding AG		8,192		3,523,567		0.2	%
	Roche Holding AG		183,630		71,137,153		3.3	%
	Sika AG		36,778		12,459,637		0.6	%
	Other Securities				41,007,174		1.9	%

TOTAL SWITZERLAND					201,943,797		9.3	%

UNITED KINGDOM — (13.4%)
	Ashtead Group PLC		224,550		18,819,564		0.9	%
	AstraZeneca PLC		67,346		8,425,072		0.4	%
	AstraZeneca PLC, Sponsored ADR		411,126		25,646,040		1.2	%
	BAE Systems PLC		1,647,985		12,426,073		0.6	%
	Diageo PLC		80,730		4,016,454		0.2	%
	Diageo PLC, Sponsored ADR		106,135		21,191,975		1.0	%
	Ferguson PLC		94,077		14,155,179		0.6	%
#	Rio Tinto PLC, Sponsored ADR		251,488		15,911,646		0.7	%
	SSE PLC		501,447		11,292,383		0.5	%
	Unilever PLC		48,760		2,610,702		0.1	%
	Unilever PLC		62,170		3,328,181		0.2	%
	Unilever PLC, Sponsored ADR		508,666		27,254,324		1.2	%
	Other Securities				138,375,077		6.3	%

TOTAL UNITED KINGDOM					303,452,670		13.9	%

TOTAL COMMON STOCKS					2,157,681,208		98.8	%

PREFERRED STOCKS — (0.7%)
GERMANY — (0.7%)
	Other Securities				16,278,674		0.8	%

TOTAL INVESTMENT SECURITIES (Cost $1,682,823,541)					2,173,959,882


				Value†
SECURITIES LENDING COLLATERAL — (4.2%)
@§	The DFA Short Term Investment Fund		8,322,937		96,296,385		4.4	%

TOTAL INVESTMENTS—(100.0%) (Cost $1,779,114,946)				$	2,270,256,267		104.0	%

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	14,339,399	$	121,715,293		—	$	136,054,692
Austria		—		3,304,905		—		3,304,905
Belgium		—		15,930,310		—		15,930,310
Canada		217,003,115		—		—		217,003,115
Denmark		—		61,374,488		—		61,374,488
Finland		744,131		19,277,749		—		20,021,880
France		2,455,556		203,602,676		—		206,058,232
Germany		436,098		159,833,346		—		160,269,444
Hong Kong		—		51,518,504		—		51,518,504
Ireland		4,037,123		9,172,512		—		13,209,635
Israel		3,274,027		6,472,496		—		9,746,523
Italy		4,326,692		35,210,527		—		39,537,219
Japan		—		469,520,808		—		469,520,808
Netherlands		42,451,845		60,082,988		—		102,534,833
New Zealand		—		5,796,298		—		5,796,298
Norway		—		16,637,032		—		16,637,032
Portugal		—		1,495,116		—		1,495,116
Singapore		—		17,435,745		—		17,435,745
Spain		—		41,261,502		—		41,261,502
Sweden		—		63,574,460		—		63,574,460
Switzerland		5,763,361		196,180,436		—		201,943,797
United Kingdom		105,766,135		197,686,535		—		303,452,670
Preferred Stocks
Germany		—		16,278,674		—		16,278,674
Securities Lending Collateral		—		96,296,385		—		96,296,385

TOTAL	$	400,597,482	$	1,869,658,785		—	$	2,270,256,267

See accompanying Notes to Financial Statements.

WORLD EX U.S. VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company			$	186,926,657
Investment in Dimensional Emerging Markets Value Fund				94,194,508
Investment in DFA International Small Cap Value Portfolio of DFA Investment Dimensions Group Inc.		1,238,231		27,414,434

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $259,828,811)			$	308,535,599

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	308,535,599		—		—	$	308,535,599

TOTAL	$	308,535,599		—		—	$	308,535,599

See accompanying Notes to Financial Statements.

WORLD EX U.S. CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (95.9%)
AUSTRALIA — (4.2%)
#	BHP Group Ltd.		352,621	$	9,685,435		0.3	%
	Commonwealth Bank of Australia		87,813		6,960,251		0.2	%
	CSL Ltd.		28,867		6,568,405		0.2	%
	Other Securities				151,335,210		3.6	%

TOTAL AUSTRALIA					174,549,301		4.3	%

AUSTRIA — (0.4%)
	Other Securities				16,069,401		0.4	%

BELGIUM — (0.7%)
	Other Securities				30,014,556		0.7	%

BRAZIL — (1.0%)
	Vale SA		628,010		7,968,353		0.2	%
	Other Securities				34,429,696		0.8	%

TOTAL BRAZIL					42,398,049		1.0	%

CANADA — (7.2%)
	Bank of Montreal		65,266		7,082,014		0.2	%
	Canadian Natural Resources Ltd.		164,318		6,983,781		0.2	%
	Canadian Natural Resources Ltd.		155,586		6,613,961		0.2	%
	Magna International, Inc.		87,254		7,093,750		0.2	%
	National Bank of Canada		93,086		7,706,522		0.2	%
#	Royal Bank of Canada		120,786		12,572,441		0.3	%
	Royal Bank of Canada		97,598		10,151,168		0.3	%
#	Toronto-Dominion Bank		89,325		6,476,956		0.2	%
	Other Securities				236,312,112		5.6	%

TOTAL CANADA					300,992,705		7.4	%

CHILE — (0.1%)
	Other Securities				4,449,703		0.1	%

CHINA — (9.1%)
*	Alibaba Group Holding Ltd., Sponsored ADR		44,024		7,261,319		0.2	%
	China Construction Bank Corp., Class H		10,898,000		7,416,968		0.2	%
	Ping An Insurance Group Co. of China Ltd., Class H		908,000		6,503,758		0.2	%
	Tencent Holdings Ltd.		442,200		26,898,934		0.7	%
	Other Securities				331,912,367		8.0	%

TOTAL CHINA					379,993,346		9.3	%

COLOMBIA — (0.1%)
	Other Securities				2,328,978		0.1	%

CZECH REPUBLIC — (0.0%)
	Other Securities				1,213,913		0.0	%

DENMARK — (1.6%)
	Novo Nordisk AS, Class B		144,089		15,800,059		0.4	%
	Other Securities				51,971,890		1.3	%

TOTAL DENMARK					67,771,949		1.7	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
EGYPT — (0.0%)
Other Securities			$	260,407		0.0	%

FINLAND — (1.1%)
Other Securities				46,026,912		1.1	%

FRANCE — (5.3%)
LVMH Moet Hennessy Louis Vuitton SE		21,810		17,101,690		0.4	%
TotalEnergies SE		176,070		8,816,696		0.2	%
Vinci SA		66,251		7,082,907		0.2	%
Other Securities				188,380,663		4.6	%

TOTAL FRANCE				221,381,956		5.4	%

GERMANY — (4.4%)
Bayerische Motoren Werke AG		72,976		7,373,203		0.2	%
Daimler AG		116,609		11,574,891		0.3	%
Deutsche Telekom AG		371,759		6,913,658		0.2	%
Other Securities				156,515,437		3.8	%

TOTAL GERMANY				182,377,189		4.5	%

GREECE — (0.1%)
Other Securities				2,353,597		0.1	%

HONG KONG — (1.5%)
AIA Group Ltd.		608,200		6,816,103		0.2	%
Other Securities				56,280,980		1.3	%

TOTAL HONG KONG				63,097,083		1.5	%

HUNGARY — (0.1%)
Other Securities				3,161,564		0.1	%

INDIA — (4.3%)
Infosys Ltd.		347,300		7,787,308		0.2	%
Reliance Industries Ltd.		235,961		8,019,213		0.2	%
Other Securities				166,007,354		4.0	%

TOTAL INDIA				181,813,875		4.4	%

INDONESIA — (0.5%)
Other Securities				19,227,175		0.5	%

IRELAND — (0.6%)
CRH PLC, Sponsored ADR		218,452		10,472,589		0.3	%
Other Securities				15,784,034		0.3	%

TOTAL IRELAND				26,256,623		0.6	%

ISRAEL — (0.6%)
Other Securities				25,711,150		0.6	%

ITALY — (1.8%)
Other Securities				74,742,658		1.8	%

JAPAN — (14.5%)
SoftBank Group Corp.		157,844		8,545,258		0.2	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
JAPAN — (Continued)
Sony Group Corp.		104,000	$	12,042,814		0.3	%
Toyota Motor Corp.		1,130,315		19,943,453		0.5	%
Other Securities				564,955,502		13.8	%

TOTAL JAPAN				605,487,027		14.8	%

MALAYSIA — (0.5%)
Other Securities				22,509,416		0.5	%

MEXICO — (0.6%)
Other Securities				27,022,855		0.7	%

NETHERLANDS — (2.6%)
ASML Holding NV		20,610		16,753,457		0.4	%
Koninklijke Ahold Delhaize NV		261,210		8,497,794		0.2	%
Stellantis NV		444,798		8,881,266		0.2	%
Other Securities				75,007,080		1.9	%

TOTAL NETHERLANDS				109,139,597		2.7	%

NEW ZEALAND — (0.3%)
Other Securities				14,483,709		0.3	%

NORWAY — (0.7%)
Other Securities				27,941,992		0.7	%

PERU — (0.0%)
Other Securities				282,164		0.0	%

PHILIPPINES — (0.2%)
Other Securities				10,411,825		0.2	%

POLAND — (0.3%)
Other Securities				12,195,746		0.3	%

PORTUGAL — (0.1%)
Other Securities				5,437,389		0.1	%

QATAR — (0.1%)
Other Securities				6,173,656		0.1	%

RUSSIA — (0.3%)
Other Securities				10,829,184		0.3	%

SAUDI ARABIA — (0.8%)
Other Securities				35,528,203		0.9	%

SINGAPORE — (0.6%)
Other Securities				24,238,196		0.6	%

SOUTH AFRICA — (1.6%)
Other Securities				65,849,684		1.6	%

SOUTH KOREA — (4.3%)
Samsung Electronics Co. Ltd.		661,530		39,607,861		1.0	%
SK Hynix, Inc.		79,671		7,023,044		0.2	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SOUTH KOREA — (Continued)
	Other Securities			$	132,948,484		3.2	%

TOTAL SOUTH KOREA					179,579,389		4.4	%

SPAIN — (1.3%)
	Iberdrola SA		581,973		6,878,441		0.2	%
	Other Securities				45,927,278		1.1	%

TOTAL SPAIN					52,805,719		1.3	%

SWEDEN — (2.3%)
	Volvo AB, Class B		272,897		6,363,726		0.2	%
	Other Securities				91,247,321		2.2	%

TOTAL SWEDEN					97,611,047		2.4	%

SWITZERLAND — (5.0%)
	Nestle SA		285,492		37,658,443		0.9	%
	Novartis AG		100,236		8,290,790		0.2	%
	Roche Holding AG		58,789		22,774,504		0.6	%
	Sika AG		19,260		6,524,895		0.2	%
	Other Securities				131,916,854		3.2	%

TOTAL SWITZERLAND					207,165,486		5.1	%

TAIWAN — (5.4%)
	Taiwan Semiconductor Manufacturing Co. Ltd.		1,170,000		24,827,739		0.6	%
	Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		129,369		14,709,255		0.4	%
	Other Securities				186,023,734		4.5	%

TOTAL TAIWAN					225,560,728		5.5	%

THAILAND — (0.6%)
	Other Securities				27,137,999		0.7	%

TURKEY — (0.2%)
	Other Securities				7,084,237		0.2	%

UNITED ARAB EMIRATES — (0.2%)
	Other Securities				6,426,386		0.2	%

UNITED KINGDOM — (8.7%)
	Ashtead Group PLC		76,598		6,419,688		0.2	%
	AstraZeneca PLC, Sponsored ADR		149,455		9,323,003		0.2	%
	BP PLC, Sponsored ADR		305,930		8,807,725		0.2	%
	HSBC Holdings PLC, Sponsored ADR		230,666		6,936,127		0.2	%
#	Rio Tinto PLC, Sponsored ADR		172,914		10,940,269		0.3	%
	Royal Dutch Shell PLC, Sponsored ADR, Class B		341,272		15,643,908		0.4	%
	Unilever PLC, Sponsored ADR		123,174		6,599,663		0.2	%
	Other Securities				298,729,185		7.2	%

TOTAL UNITED KINGDOM					363,399,568		8.9	%

UNITED STATES — (0.0%)
	Other Securities				908,535		0.0	%

TOTAL COMMON STOCKS					4,011,401,827		98.1	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


				Percentage
	Shares	Value»		of Net Assets‡
PREFERRED STOCKS — (0.6%)
BRAZIL — (0.2%)
Other Securities		$	10,076,015		0.3	%

CHILE — (0.0%)
Other Securities			196,528		0.0	%

COLOMBIA — (0.0%)
Other Securities			309,579		0.0	%

GERMANY — (0.4%)
Other Securities			17,118,576		0.4	%

PHILIPPINES — (0.0%)
Other Security			48,159		0.0	%

SOUTH KOREA — (0.0%)
Other Securities			40,073		0.0	%

THAILAND — (0.0%)
Other Security			146,079		0.0	%

TOTAL PREFERRED STOCKS			27,935,009		0.7	%

RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
Other Securities			348		0.0	%

CANADA — (0.0%)
Other Security			52,504		0.0	%

HONG KONG — (0.0%)
Other Security			304		0.0	%

NEW ZEALAND — (0.0%)
Other Security			1,054		0.0	%

SOUTH KOREA — (0.0%)
Other Security			403		0.0	%

SPAIN — (0.0%)
Other Security			65,085		0.0	%

TAIWAN — (0.0%)
Other Securities			2,200		0.0	%

THAILAND — (0.0%)
Other Securities			112,544		0.0	%

TOTAL RIGHTS/WARRANTS			234,442		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,030,242,478)			4,039,571,278

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


					Percentage
	Shares		Value†		of Net Assets‡
SECURITIES LENDING COLLATERAL — (3.5%)
@§ The DFA Short Term Investment Fund		12,493,822	$	144,553,518		3.5	%

TOTAL INVESTMENTS—(100.0%) (Cost $3,174,772,909)			$	4,184,124,796		102.3	%

As of October 31, 2021, World ex U.S. Core Equity Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		158		12/17/21	$	35,282,412	$	36,316,300	$	1,033,888

Total Futures Contracts					$	35,282,412	$	36,316,300	$	1,033,888

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	932,297	$	173,617,004		—	$	174,549,301
Austria		—		16,069,401		—		16,069,401
Belgium		305,632		29,708,924		—		30,014,556
Brazil		42,398,049		—		—		42,398,049
Canada		300,295,695		697,010		—		300,992,705
Chile		949,520		3,500,183		—		4,449,703
China		35,900,636		342,341,550	$	1,751,160		379,993,346
Colombia		2,328,978		—		—		2,328,978
Czech Republic		—		1,213,913		—		1,213,913
Denmark		—		67,771,949		—		67,771,949
Egypt		121,360		139,047		—		260,407
Finland		—		46,026,912		—		46,026,912
France		552,196		220,827,504		2,256		221,381,956
Germany		1,589,887		180,787,302		—		182,377,189
Greece		—		2,352,157		1,440		2,353,597
Hong Kong		623,146		62,411,909		62,028		63,097,083
Hungary		—		3,161,564		—		3,161,564
India		3,431,397		178,382,005		473		181,813,875
Indonesia		166,221		18,948,801		112,153		19,227,175
Ireland		10,472,589		15,784,034		—		26,256,623
Israel		2,125,667		23,585,483		—		25,711,150
Italy		659,759		74,082,899		—		74,742,658
Japan		4,432,921		601,054,106		—		605,487,027
Malaysia		—		22,509,237		179		22,509,416
Mexico		26,892,787		129,870		198		27,022,855
Netherlands		18,193,004		90,946,593		—		109,139,597
New Zealand		—		14,483,709		—		14,483,709
Norway		188,284		27,753,708		—		27,941,992
Peru		281,575		589		—		282,164
Philippines		27,536		10,384,289		—		10,411,825
Poland		—		12,195,746		—		12,195,746

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Portugal		—	$	5,437,389		—	$	5,437,389
Qatar		—		6,173,656		—		6,173,656
Russia	$	4,840,114		5,989,070		—		10,829,184
Saudi Arabia		52,343		35,475,860		—		35,528,203
Singapore		412,749		23,782,381	$	43,066		24,238,196
South Africa		8,360,502		57,489,182		—		65,849,684
South Korea		778,135		178,742,201		59,053		179,579,389
Spain		642,129		52,163,590		—		52,805,719
Sweden		138,422		97,472,625		—		97,611,047
Switzerland		9,164,251		198,001,235		—		207,165,486
Taiwan		14,904,075		210,647,008		9,645		225,560,728
Thailand		27,137,999		—		—		27,137,999
Turkey		—		7,084,237		—		7,084,237
United Arab Emirates		—		6,424,573		1,813		6,426,386
United Kingdom		84,487,086		278,912,482		—		363,399,568
United States		812,227		96,308		—		908,535
Preferred Stocks
Brazil		10,076,015		—		—		10,076,015
Chile		—		196,528		—		196,528
Colombia		309,579		—		—		309,579
Germany		—		17,118,576		—		17,118,576
Philippines		—		48,159		—		48,159
South Korea		—		40,073		—		40,073
Thailand		146,079		—		—		146,079
Rights/Warrants
Austria		—		348		—		348
Canada .		—		52,504		—		52,504
Hong Kong		—		304		—		304
New Zealand		—		1,054		—		1,054
South Korea		—		403		—		403
Spain		—		65,085		—		65,085
Taiwan		—		2,200		—		2,200
Thailand		—		112,544		—		112,544
Securities Lending Collateral		—		144,553,518		—		144,553,518
Futures Contracts**		1,033,888		—		—		1,033,888

TOTAL	$	616,164,729	$	3,566,950,491	$	2,043,464^	$	4,185,158,684

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

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

See accompanying Notes to Financial Statements.

WORLD CORE EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group, Inc.		17,742,691	$	643,172,559
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		19,309,539		315,517,875
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		5,209,080		131,060,446

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $682,661,848)			$	1,089,750,880

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	1,089,750,880		—		—	$	1,089,750,880

TOTAL	$	1,089,750,880		—		—	$	1,089,750,880

See accompanying Notes to Financial Statements.

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group, Inc.		5,644,718	$	187,178,852
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		5,747,864		93,920,091
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		2,498,237		62,855,657

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $190,773,800)			$	343,954,600

As of October 31, 2021, Selectively Hedged Global Equity Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:


					Settlement		Unrealized Foreign Exchange Appreciation
Currency Purchased		Currency Sold		Counterparty	Date		(Depreciation)
ILS	2,265,832	USD	713,918	Morgan Stanley and Co. International		11/01/21	$	2,132
USD	19,857,625	JPY	2,202,126,242	Bank of America Corp.		11/10/21		535,437
NOK	6,629,263	USD	769,251	Goldman Sachs International		11/16/21		15,412
USD	14,963,512	HKD	116,386,099	JP Morgan		11/29/21		3,661
USD	22,817,692	EUR	19,565,224	State Street Bank and Trust		12/28/21		166,590
USD	1,964,512	DKK	12,529,657	JP Morgan		01/21/22		13,141

Total Appreciation							$	736,373
USD	35,127	ILS	113,357	Citibank NA		11/01/21	$	(696	)
USD	37,935	ILS	121,724	State Street Bank and Trust		11/01/21		(532	)
USD	630,307	ILS	2,030,751	UBS AG		11/01/21		(11,453	)
JPY	106,015,644	USD	953,413	Barclays Capital		11/10/21		(23,197	)
USD	757,141	NOK	6,629,263	Citibank NA		11/16/21		(27,522	)
USD	157,223	SEK	1,351,755	Citibank NA		12/29/21		(331	)
USD	2,811,009	SEK	24,612,841	HSBC Bank		12/29/21		(57,748	)
USD	10,576,368	GBP	7,766,559	Australia & New Zealand Banking Group Ltd.		01/04/22		(56,290	)
USD	5,096,818	AUD	6,974,500	HSBC Bank		01/06/22		(151,024	)
USD	5,805,964	CHF	5,357,395	HSBC Bank		01/10/22		(58,029	)
USD	720,747	ILS	2,285,364	Morgan Stanley and Co. International		01/27/22		(2,174	)

Total (Depreciation)							$	(388,996	)

Total Appreciation (Depreciation)							$	347,377

As of October 31, 2021, Selectively Hedged Global Equity Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^® Emini Index

12/17/21

4,265,025

4,367,150

102,125

Total Futures Contracts

4,265,025

4,367,150

102,125

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Affiliated Investment Companies	$	343,954,600		—		—	$	343,954,600
Forward Currency Contracts**		—	$	347,377		—		347,377
Futures Contracts**		102,125		—		—		102,125

TOTAL	$	344,056,725	$	347,377		—	$	344,404,102

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

See accompanying Notes to Financial Statements.

EMERGING MARKETS PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$	6,228,860,498

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	6,228,860,498

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

EMERGING MARKETS SMALL CAP PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company	$	5,116,706,982

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	5,116,706,982

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

EMERGING MARKETS VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in Dimensional Emerging Markets Value Fund	$	13,194,407,897

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	13,194,407,897

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.3%)
BRAZIL — (3.2%)
	Petroleo Brasileiro SA		16,003,488	$	78,460,703		0.3	%
	Vale SA		15,469,805		196,284,906		0.7	%
	Other Securities				672,451,903		2.2	%

TOTAL BRAZIL					947,197,512		3.2	%

CHILE — (0.4%)
	Other Securities				127,309,381		0.4	%

CHINA — (30.7%)
*	Alibaba Group Holding Ltd.		7,662,500		157,561,366		0.6	%
*	Alibaba Group Holding Ltd., Sponsored ADR		2,528,930		417,121,714		1.5	%
	ANTA Sports Products Ltd.		4,074,000		63,121,416		0.2	%
*	Baidu, Inc., Sponsored ADR		559,862		90,832,011		0.3	%
	Bank of China Ltd., Class H		204,333,702		72,314,014		0.3	%
	BYD Co. Ltd., Class H		3,071,300		117,469,796		0.4	%
	China Construction Bank Corp., Class H		375,913,302		255,839,332		0.9	%
	China Merchants Bank Co. Ltd., Class H		19,175,646		160,694,568		0.6	%
	China Petroleum & Chemical Corp., Class H		144,228,400		70,272,792		0.3	%
	Geely Automobile Holdings Ltd.		29,475,000		102,297,101		0.4	%
#	Great Wall Motor Co. Ltd., Class H		15,115,250		68,011,736		0.3	%
	Industrial & Commercial Bank of China Ltd., Class H		265,967,725		145,793,419		0.5	%
*	JD.com, Inc., ADR		933,460		73,071,249		0.3	%
#	Lenovo Group Ltd.		63,424,000		68,876,434		0.3	%
	Li Ning Co. Ltd.		7,957,583		87,812,377		0.3	%
*W	Meituan, Class B		2,761,100		93,956,395		0.3	%
	NetEase, Inc., ADR		1,143,858		111,629,102		0.4	%
*	NIO, Inc., ADR		1,820,873		71,760,605		0.3	%
	PetroChina Co. Ltd., Class H		142,684,000		68,794,722		0.3	%
	Ping An Insurance Group Co. of China Ltd., Class H		30,207,000		216,364,567		0.8	%
	Sunny Optical Technology Group Co. Ltd.		2,316,400		62,156,979		0.2	%
	Tencent Holdings Ltd.		16,149,900		982,395,071		3.4	%
*W	Xiaomi Corp., Class B		25,612,600		70,013,439		0.3	%
	Yum China Holdings, Inc.		1,340,150		76,495,762		0.3	%
	Other Securities				5,378,529,482		17.7	%

TOTAL CHINA					9,083,185,449		31.2	%

COLOMBIA — (0.2%)
	Other Securities				47,310,651		0.2	%

CZECH REPUBLIC — (0.1%)
	Other Securities				32,595,311		0.1	%

EGYPT — (0.0%)
	Other Securities				15,832,090		0.1	%

GREECE — (0.2%)
	Other Securities				63,285,471		0.2	%

HONG KONG — (0.2%)
	Other Securities				47,921,347		0.2	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
HUNGARY — (0.2%)
	Other Securities			$	73,889,087		0.2	%

INDIA — (13.6%)
	HCL Technologies Ltd.		4,015,915		61,559,527		0.2	%
	HDFC Bank Ltd.		5,989,118		127,277,274		0.5	%
	Housing Development Finance Corp. Ltd.		2,600,724		99,045,387		0.4	%
	ICICI Bank Ltd., Sponsored ADR		3,949,896		83,540,300		0.3	%
	Infosys Ltd.		7,880,895		176,708,768		0.6	%
	Infosys Ltd., Sponsored ADR		4,067,156		90,616,236		0.3	%
	Reliance Industries Ltd.		8,205,897		278,880,128		1.0	%
	Tata Consultancy Services Ltd.		2,369,939		107,922,513		0.4	%
	Other Securities				2,980,329,039		10.0	%

TOTAL INDIA					4,005,879,172		13.7	%

INDONESIA — (1.7%)
	Bank Central Asia Tbk PT		112,444,000		59,457,835		0.2	%
	Other Securities				438,804,458		1.5	%

TOTAL INDONESIA					498,262,293		1.7	%

MALAYSIA — (1.6%)
	Other Securities				473,866,456		1.6	%

MEXICO — (2.2%)
	America Movil SAB de CV, Sponsored ADR, Class L		3,763,327		66,911,954		0.2	%
#	Grupo Mexico SAB de CV, Class B		14,035,878		61,507,524		0.2	%
	Other Securities				512,945,325		1.8	%

TOTAL MEXICO					641,364,803		2.2	%

NETHERLANDS — (0.1%)
	Other Security				17,726,005		0.1	%

PERU — (0.1%)
	Other Securities				22,712,384		0.1	%

PHILIPPINES — (0.8%)
	Other Securities				239,469,348		0.8	%

POLAND — (0.9%)
	Other Securities				262,412,729		0.9	%

QATAR — (0.4%)
	Other Securities				116,866,510		0.4	%

RUSSIA — (1.1%)
	Lukoil PJSC, Sponsored ADR		635,884		64,816,193		0.2	%
	Sberbank of Russia PJSC, Sponsored ADR		3,020,548		60,577,132		0.2	%
	Other Securities				197,113,128		0.7	%

TOTAL RUSSIA					322,506,453		1.1	%

SAUDI ARABIA — (3.0%)
	Al Rajhi Bank		2,676,919		99,028,345		0.4	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SAUDI ARABIA — (Continued)
	Other Securities			$	796,982,344		2.7	%

TOTAL SAUDI ARABIA					896,010,689		3.1	%

SOUTH AFRICA — (3.9%)
*	MTN Group Ltd.		12,072,408		108,254,825		0.4	%
	Other Securities				1,049,667,231		3.6	%

TOTAL SOUTH AFRICA					1,157,922,056		4.0	%

SOUTH KOREA — (13.7%)
	LG Chem Ltd.		114,526		82,178,689		0.3	%
	LG Electronics, Inc.		633,563		65,544,546		0.2	%
	Samsung Electronics Co. Ltd.		17,111,392		1,024,512,331		3.5	%
	SK Hynix, Inc.		1,965,870		173,292,552		0.6	%
	Other Securities				2,695,542,105		9.3	%

TOTAL SOUTH KOREA					4,041,070,223		13.9	%

TAIWAN — (16.0%)
	Hon Hai Precision Industry Co. Ltd.		22,635,403		87,380,306		0.3	%
	MediaTek, Inc.		2,798,823		92,116,776		0.3	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		41,439,652		879,361,426		3.0	%
	Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		3,788,624		430,766,549		1.5	%
	Other Securities				3,227,131,145		11.1	%

TOTAL TAIWAN					4,716,756,202		16.2	%

THAILAND — (2.0%)
	Other Securities				603,577,687		2.1	%

TURKEY — (0.4%)
	Other Securities				132,234,912		0.4	%

UNITED ARAB EMIRATES — (0.6%)
	Other Securities				166,250,278		0.6	%

UNITED KINGDOM — (0.0%)
	Other Security				1,063,633		0.0	%

UNITED STATES — (0.0%)
	Other Security				6,426,925		0.0	%

TOTAL COMMON STOCKS					28,760,905,057		98.7	%

PREFERRED STOCKS — (0.9%)
BRAZIL — (0.9%)
	Petroleo Brasileiro SA		22,001,222		106,228,658		0.4	%
	Other Securities				140,970,851		0.5	%

TOTAL BRAZIL					247,199,509		0.9	%

CHILE — (0.0%)
	Other Securities				2,680,141		0.0	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
COLOMBIA — (0.0%)
	Other Securities			$	10,245,894		0.0	%

PHILIPPINES — (0.0%)
	Other Security				1,037,601		0.0	%

SOUTH KOREA — (0.0%)
	Other Securities				631,698		0.0	%

THAILAND — (0.0%)
	Other Security				990,448		0.0	%

TOTAL PREFERRED STOCKS					262,785,291		0.9	%

RIGHTS/WARRANTS — (0.0%)
INDIA — (0.0%)
	Other Securities				6,071		0.0	%

INDONESIA — (0.0%)
	Other Security				12,246		0.0	%

SOUTH KOREA — (0.0%)
	Other Securities				31,054		0.0	%

TAIWAN — (0.0%)
	Other Securities				48,707		0.0	%

THAILAND — (0.0%)
	Other Securities				1,519,834		0.0	%

TOTAL RIGHTS/WARRANTS					1,617,912		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $19,747,315,249)					29,025,308,260


				Value†
SECURITIES LENDING COLLATERAL — (1.8%)
@§	The DFA Short Term Investment Fund		45,348,297		524,679,798		1.8	%

TOTAL INVESTMENTS—(100.0%) (Cost $20,271,918,513)				$	29,549,988,058		101.4	%

As of October 31, 2021, Emerging Markets Core Equity Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		954		12/17/21	$	211,221,711	$	219,276,900	$	8,055,189

Total Futures Contracts					$	211,221,711	$	219,276,900	$	8,055,189

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Common Stocks
Brazil	$	947,197,512		—		—		$	947,197,512
Chile		36,082,220	$	91,227,161		—			127,309,381
China		1,184,682,150		7,858,395,835	$	40,107,464			9,083,185,449
Colombia		47,310,651		—		—			47,310,651
Czech Republic		—		32,595,311		—			32,595,311
Egypt		145,411		15,686,679		—			15,832,090
Greece		—		63,122,281		163,190			63,285,471
Hong Kong		8,975,910		38,713,664		231,773			47,921,347
Hungary		—		73,889,087		—			73,889,087
India		191,856,639		3,814,001,078		21,455			4,005,879,172
Indonesia		17,328,641		479,259,643		1,674,009			498,262,293
Malaysia		—		473,866,285		171			473,866,456
Mexico		638,275,178		3,067,747		21,878			641,364,803
Netherlands		—		17,726,005		—			17,726,005
Peru		22,702,879		9,505		—			22,712,384
Philippines		4,858,542		234,610,013		793			239,469,348
Poland		—		262,412,729		—			262,412,729
Qatar		—		116,866,510		—			116,866,510
Russia		26,384,415		296,122,038		—			322,506,453
Saudi Arabia		1,705,833		894,304,856		—			896,010,689
South Africa		146,449,939		1,011,472,117		—			1,157,922,056
South Korea		66,853,722		3,973,125,838		1,090,663			4,041,070,223
Taiwan		443,781,892		4,272,626,468		347,842			4,716,756,202
Thailand		603,577,687		—		—			603,577,687
Turkey		476,082		131,758,830		—			132,234,912
United Arab Emirates		—		166,201,301		48,977			166,250,278
United Kingdom		—		1,063,633		—			1,063,633
United States		6,426,925		—		—			6,426,925
Preferred Stocks
Brazil		247,134,443		65,066		—			247,199,509
Chile		—		2,680,141		—			2,680,141
Colombia		10,245,894		—		—			10,245,894
Philippines		—		1,037,601		—			1,037,601
South Korea		—		631,698		—			631,698
Thailand		990,448		—		—			990,448
Rights/Warrants
India		—		6,071		—			6,071
Indonesia		—		12,246		—			12,246
South Korea		—		31,054		—			31,054
Taiwan		—		48,707		—			48,707
Thailand		—		1,519,834		—			1,519,834
Securities Lending Collateral		—		524,679,798		—			524,679,798
Futures Contracts**		8,055,189		—		—			8,055,189

TOTAL	$	4,661,498,202	$	24,852,836,830	$	43,708,215	^	$	29,558,043,247

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

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

See accompanying Notes to Financial Statements.

EMERGING MARKETS TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.0%)
BRAZIL — (2.4%)
	Other Securities			$	5,693,992		2.4	%

CHILE — (0.3%)
	Other Securities				680,494		0.3	%

CHINA — (25.2%)
	China Conch Venture Holdings Ltd.		201,500		979,158		0.4	%
	China Gas Holdings Ltd.		390,000		973,448		0.4	%
	China National Building Material Co. Ltd., Class H		900,000		1,127,964		0.5	%
	China Resources Gas Group Ltd.		130,000		697,754		0.3	%
	Fosun International Ltd.		530,500		621,543		0.3	%
	Kingboard Holdings Ltd.		150,500		655,850		0.3	%
	Kunlun Energy Co. Ltd.		730,000		664,869		0.3	%
	PICC Property & Casualty Co. Ltd., Class H		1,102,000		1,025,902		0.5	%
	Sunac China Holdings Ltd.		398,000		851,133		0.4	%
*	Tencent Music Entertainment Group, ADR		87,413		687,066		0.3	%
*	Trip.com Group Ltd., ADR		35,214		1,005,712		0.4	%
*	Vipshop Holdings Ltd., ADR		58,456		652,369		0.3	%
	Wharf Holdings Ltd.		231,000		803,134		0.4	%
	Other Securities				48,925,303		20.6	%

TOTAL CHINA					59,671,205		25.4	%

COLOMBIA — (0.1%)
	Other Securities				270,047		0.1	%

GREECE — (0.3%)
	Other Securities				765,948		0.3	%

HONG KONG — (0.3%)
	Other Securities				693,395		0.3	%

INDIA — (15.1%)
	Adani Enterprises Ltd.		31,994		609,262		0.3	%
*	Adani Transmission Ltd.		32,300		770,635		0.3	%
	Cipla Ltd.		50,763		617,870		0.3	%
	IndusInd Bank Ltd.		50,201		769,331		0.3	%
	Tata Consumer Products Ltd.		82,391		895,635		0.4	%
*	Tata Motors Ltd.		152,580		983,071		0.4	%
	Tata Steel Ltd.		85,210		1,504,263		0.7	%
	UPL Ltd.		75,705		755,897		0.3	%
	Other Securities				28,693,377		12.1	%

TOTAL INDIA					35,599,341		15.1	%

INDONESIA — (1.9%)
	Other Securities				4,393,850		1.9	%

MALAYSIA — (1.8%)
	Other Securities				4,248,060		1.8	%

MEXICO — (2.0%)
	Grupo Televisa SAB		384,935		778,919		0.3	%

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
MEXICO — (Continued)
	Other Securities			$	3,840,109		1.7	%

TOTAL MEXICO					4,619,028		2.0	%

PHILIPPINES — (0.6%)
	Other Securities				1,443,052		0.6	%

POLAND — (1.3%)
	Other Securities				3,074,860		1.3	%

QATAR — (0.8%)
	Other Securities				1,892,996		0.8	%

RUSSIA — (0.8%)
	Tatneft PJSC, Sponsored ADR		13,583		619,589		0.3	%
	Other Securities				1,199,307		0.5	%

TOTAL RUSSIA					1,818,896		0.8	%

SAUDI ARABIA — (3.3%)
*	Bank AlBilad		57,250		644,845		0.3	%
	Sahara International Petrochemical Co.		64,085		752,557		0.3	%
*	Saudi Kayan Petrochemical Co.		131,174		714,071		0.3	%
	Other Securities				5,805,131		2.5	%

TOTAL SAUDI ARABIA					7,916,604		3.4	%

SOUTH AFRICA — (3.7%)
	Aspen Pharmacare Holdings Ltd.		54,209		861,200		0.4	%
	Nedbank Group Ltd.		54,959		626,260		0.3	%
	Old Mutual Ltd.		654,522		668,597		0.3	%
	Other Securities				6,654,516		2.7	%

TOTAL SOUTH AFRICA					8,810,573		3.7	%

SOUTH KOREA — (16.7%)
	E-MART, Inc.		4,144		596,537		0.3	%
	Hankook Tire & Technology Co. Ltd.		16,838		596,593		0.3	%
*	Hanwha Solutions Corp.		20,018		702,287		0.3	%
*	Korean Air Lines Co. Ltd.		23,980		625,217		0.3	%
	Samsung Fire & Marine Insurance Co. Ltd.		3,347		663,451		0.3	%
*	Samsung Heavy Industries Co. Ltd.		122,648		670,248		0.3	%
	Woori Financial Group, Inc.		94,919		1,079,053		0.5	%
	Other Securities				34,609,901		14.5	%

TOTAL SOUTH KOREA					39,543,287		16.8	%

TAIWAN — (17.8%)
#	AU Optronics Corp.		1,126,000		773,813		0.3	%
	China Development Financial Holding Corp.		1,938,000		990,567		0.4	%
	Compal Electronics, Inc.		862,000		758,611		0.3	%
#	Innolux Corp.		1,286,000		773,569		0.3	%
	Lite-On Technology Corp.		399,000		880,505		0.4	%
	Pegatron Corp.		253,000		619,354		0.3	%
	Pou Chen Corp.		489,000		599,718		0.3	%
	Shanghai Commercial & Savings Bank Ltd.		389,000		616,045		0.3	%
#	Shin Kong Financial Holding Co. Ltd.		1,923,698		677,981		0.3	%

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
TAIWAN — (Continued)
	SinoPac Financial Holdings Co. Ltd.		1,542,000	$	785,321		0.3	%
	Taishin Financial Holding Co. Ltd.		1,583,166		1,039,341		0.5	%
	Wistron Corp.		567,000		595,889		0.3	%
	Other Securities				33,098,981		14.0	%

TOTAL TAIWAN					42,209,695		18.0	%

THAILAND — (2.1%)
	Other Securities				4,901,616		2.1	%

TURKEY — (0.6%)
	Other Se curities				1,351,815		0.6	%

UNITED ARAB EMIRATES — (0.9%)
	Emaar Properties PJSC		564,538		618,017		0.3	%
	Other Securities				1,418,721		0.6	%

TOTAL UNITED ARAB EMIRATES					2,036,738		0.9	%

TOTAL COMMON STOCKS					231,635,492		98.6	%

PREFERRED STOCKS — (0.7%)
BRAZIL — (0.6%)
	Gerdau SA		158,000		753,074		0.3	%
	Other Securities				686,500		0.3	%

TOTAL BRAZIL					1,439,574		0.6	%

COLOMBIA — (0.0%)
	Other Security				73,569		0.0	%

PHILIPPINES — (0.0%)
	Other Security				18,457		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				31,128		0.0	%

THAILAND — (0.1%)
	Other Security				108,296		0.1	%

TOTAL PREFERRED STOCKS					1,671,024		0.7	%

RIGHTS/WARRANTS — (0.0%)
SOUTH KOREA — (0.0%)
	Other Security				343		0.0	%

TAIWAN — (0.0%)
	Other Securities				589		0.0	%

THAILAND — (0.0%)
	Other Securities				52,590		0.0	%

TOTAL RIGHTS/WARRANTS					53,522		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $185,842,031)					233,360,038

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (1.3%)
@§	The DFA Short Term Investment Fund		265,309	$	3,069,622		1.3	%

TOTAL INVESTMENTS—(100.0%) (Cost $188,911,449)				$	236,429,660		100.6	%

As of October 31, 2021, Emerging Markets Targeted Value Portfolio had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500^® Emini Index		7		12/17/21	$	1,555,098	$	1,608,950	$	53,852

Total Futures Contracts					$	1,555,098	$	1,608,950	$	53,852

Summary of the Portfolio’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	5,693,992		—		—	$	5,693,992
Chile		—	$	680,494		—		680,494
China		4,693,278		54,051,577	$	926,350		59,671,205
Colombia		270,047		—		—		270,047
Greece		—		765,948		—		765,948
Hong Kong		152,642		540,753		—		693,395
India		66,956		35,532,385		—		35,599,341
Indonesia		—		4,376,392		17,458		4,393,850
Malaysia		—		4,248,060		—		4,248,060
Mexico		4,399,671		219,357		—		4,619,028
Philippines		—		1,443,052		—		1,443,052
Poland		—		3,074,860		—		3,074,860
Qatar		—		1,892,996		—		1,892,996
Russia		1,592,248		226,648		—		1,818,896
Saudi Arabia		12,592		7,904,012		—		7,916,604
South Africa		171,056		8,639,517		—		8,810,573
South Korea		—		39,535,609		7,678		39,543,287
Taiwan		—		42,205,746		3,949		42,209,695
Thailand		4,901,616		—		—		4,901,616
Turkey		—		1,351,815		—		1,351,815
United Arab Emirates		17,497		2,019,241		—		2,036,738
Preferred Stocks
Brazil		1,439,574		—		—		1,439,574
Colombia		73,569		—		—		73,569
Philippines		—		18,457		—		18,457
South Korea		—		31,128		—		31,128
Thailand		108,296		—		—		108,296
Rights/Warrants
South Korea		—		343		—		343
Taiwan		—		589		—		589
Thailand		—		52,590		—		52,590

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Securities Lending Collateral		—	$	3,069,622		—	$	3,069,622
Futures Contracts**	$	53,852		—		—		53,852

TOTAL	$	23,646,886	$	211,881,191	$	955,435^	$	236,483,512

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

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


							International
	Large Cap		International		Global Small		Small
	International		Core Equity		Company		Company
	Portfolio*		Portfolio*		Portfolio		Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		—	$	99,070	$	13,381,393
Investment Securities at Value (including $342,264, $1,784,215, $0 and $0 of securities on loan, respectively)	$	5,949,952	$	34,143,208		—		—
Temporary Cash Investments at Value & Cost		—		—		—		89,678
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $301,094, $1,594,847, $0 and $0, respectively)		301,125		1,595,008		—		—
Segregated Cash for Futures Contracts		2,634		14,973		—		4,324
Foreign Currencies at Value		35,275		283,418		—		—
Cash		18,300		74,182		70		—
Receivables:
Investment Securities Sold		6,947		30,873		—		—
Dividends, Interest and Tax Reclaims		20,875		116,268		—		2
Securities Lending Income		130		1,198		—		—
Fund Shares Sold		2,476		21,616		559		7,286
Futures Margin Variation		109		618		—		179
Unrealized Gain on Foreign Currency Contracts		8		—		—		—
Prepaid Expenses and Other Assets		30		184		11		436

Total Assets		6,337,861		36,281,546		99,710		13,483,298

LIABILITIES:
Payables:
Upon Return of Securities Loaned		301,155		1,595,091		—		—
Investment Securities Purchased		513		27,701		2		—
Fund Shares Redeemed		2,325		18,560		47		13,113
Due to Advisor		707		5,802		18		3,405
Unrealized Loss on Foreign Currency Contracts		1		22		—		—
Accrued Expenses and Other Liabilities		979		4,787		12		927

Total Liabilities		305,680		1,651,963		79		17,445

NET ASSETS	$	6,032,181	$	34,629,583	$	99,631	$	13,465,853

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $6,032,181; $34,629,583; $99,631 and $13,465,853 and shares outstanding of 218,311,626, 2,118,648,313, 6,419,115 and 578,162,359, respectively	$	27.63	$	16.35	$	15.52	$	23.29

NUMBER OF SHARES AUTHORIZED		1,500,000,000		7,000,000,000		100,000,000		3,000,000,000

Investments in Affiliated Investment Companies at Cost	$	—	$	—	$	78,886		N/A

Investment Securities at Cost	$	3,905,702	$	24,808,816		N/A		N/A

Foreign Currencies at Cost	$	34,595	$	279,476	$	—	$	—

NET ASSETS CONSIST OF:
Paid-In Capital	$	4,366,527	$	26,524,050	$	76,801	$	9,852,598
Total Distributable Earnings (Loss)		1,665,654		8,105,533		22,830		3,613,255

NET ASSETS	$	6,032,181	$	34,629,583	$	99,631	$	13,465,853

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


			Asia Pacific		United		Continental
	Japanese Small		Small		Kingdom Small		Small
	Company		Company		Company		Company
	Portfolio		Portfolio		Portfolio		Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	379,961	$	381,648	$	44,159	$	868,048
Receivables:
Fund Shares Sold		11		16		—		6
Prepaid Expenses and Other Assets		8		8		8		8

Total Assets		379,980		381,672		44,167		868,062

LIABILITIES:
Payables:
Fund Shares Redeemed		—		40		—		1
Due to Advisor		96		95		22		217
Accrued Expenses and Other Liabilities		47		47		12		85

Total Liabilities		143		182		34		303

NET ASSETS	$	379,837	$	381,490	$	44,133	$	867,759


NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $379,837; $381,490; $44,133 and $867,759 and shares outstanding of 14,721,628, 14,162,754, 1,391,361 and 24,600,910, respectively	$	25.80	$	26.94	$	31.72	$	35.27

NUMBER OF SHARES AUTHORIZED		1,000,000,000		1,000,000,000		1,000,000,000		1,000,000,000

NET ASSETS CONSIST OF:
Paid-In Capital	$	290,278	$	294,720	$	38,037	$	613,892
Total Distributable Earnings (Loss)		89,559		86,770		6,096		253,867

NET ASSETS	$	379,837	$	381,490	$	44,133	$	867,759

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


	DFA
	International			DFA Global		DFA
	Real Estate			Real Estate		International		International
	Securities			Securities		Small Cap		Vector Equity
	Portfolio*			Portfolio*		Value Portfolio*		Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	4,506,316		—		—
Investment Securities at Value (including $310,687, $211,568, $437,113 and $181,628 of securities on loan, respectively)	$	5,897,243			6,022,099	$	12,602,305	$	3,674,695
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $310,518, $217,036, $383,544 and $142,967, respectively)		310,546			217,045		383,591		142,988
Segregated Cash for Futures Contracts		2,081			—		6,452		897
Foreign Currencies at Value		17,182			—		136,909		16,369
Cash		44,548			4,792		4,539		10,358
Receivables:
Investment Securities Sold		10,245			—		12,985		6,881
Dividends, Interest and Tax Reclaims		22,704			1,721		57,301		13,318
Securities Lending Income		265			8		347		183
Fund Shares Sold		884			7,352		4,118		1,111
Futures Margin Variation		86			—		812		37
Unrealized Gain on Foreign Currency Contracts		—			—		10		—
Prepaid Expenses and Other Assets		11			63		59		24

Total Assets		6,305,795			10,759,396		13,209,428		3,866,861

LIABILITIES:
Payables:
Upon Return of Securities Loaned		310,621			217,101		383,569		142,982
Investment Securities Purchased		4,511			—		30,876		4,505
Fund Shares Redeemed		1,173			3,450		3,217		853
Due to Advisor		1,201			513		4,849		1,094
Unrealized Loss on Foreign Currency Contracts		4			—		34		—
Accrued Expenses and Other Liabilities		821			746		2,172		637

Total Liabilities		318,331			221,810		424,717		150,071

NET ASSETS	$	5,987,464		$	10,537,586	$	12,784,711	$	3,716,790

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $5,987,464; $10,537,586; $12,784,711 and $3,716,790 and shares outstanding of 1,187,541,223, 792,605,237, 577,420,362 and 256,206,800, respectively	$	5.04		$	13.29	$	22.14	$	14.51

NUMBER OF SHARES AUTHORIZED		4,000,000,000			3,000,000,000		4,600,000,000		1,500,000,000

Investments in Affiliated Investment Companies at Cost	$	—		$	3,743,815	$	—	$	—

Investment Securities at Cost	$	5,055,210		$	4,243,147	$	10,248,354	$	2,695,410

Foreign Currencies at Cost	$	17,485		$	—	$	135,649	$	16,345

NET ASSETS CONSIST OF:
Paid-In Capital	$	6,063,665		$	7,974,123	$	10,333,896	$	2,665,068
Total Distributable Earnings (Loss)		(76,201	)		2,563,463		2,450,815		1,051,722

NET ASSETS	$	5,987,464		$	10,537,586	$	12,784,711	$	3,716,790

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


	International
	High Relative				World ex U.S.
	Profitability		World ex U.S.		Core Equity
	Portfolio*		Value Portfolio		Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—	$	308,536		—
Investment Securities at Value (including $102,860, $0 and $199,817 of securities on loan, respectively)	$	2,173,960		—	$	4,039,571
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $96,291, $0 and $144,530, respectively)		96,296		—		144,554
Segregated Cash for Futures Contracts		—		—		1,817
Foreign Currencies at Value		2,016		—		39,827
Cash		8,287		213		3,684
Receivables:
Investment Securities Sold		—		—		2,665
Dividends, Interest and Tax Reclaims		5,172		—		11,097
Securities Lending Income		29		—		259
Fund Shares Sold		2,938		35		1,607
Futures Margin Variation		288		—		75
Prepaid Expenses and Other Assets		21		17		20

Total Assets		2,289,007		308,801		4,245,176

LIABILITIES:
Payables:
Upon Return of Securities Loaned		96,300		—		144,566
Investment Securities Purchased		7,603		—		135
Fund Shares Redeemed		615		51		2,409
Due to Advisor		453		47		863
Unrealized Loss on Foreign Currency Contracts		8		—		—
Deferred Taxes Payable		—		—		7,065
Accrued Expenses and Other Liabilities		304		37		972

Total Liabilities		105,283		135		156,010

NET ASSETS	$	2,183,724	$	308,666	$	4,089,166

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $2,183,724; $308,666 and $4,089,166 and shares outstanding of 159,050,400, 24,367,707 and 295,469,031, respectively	$	13.73	$	12.67	$	13.84

NUMBER OF SHARES AUTHORIZED		500,000,000		1,000,000,000		1,500,000,000

Investments in Affiliated Investment Companies at Cost	$	—	$	259,829	$	—

Investment Securities at Cost	$	1,682,824		N/A	$	3,030,242

Foreign Currencies at Cost	$	2,017	$	—	$	39,385

NET ASSETS CONSIST OF:
Paid-In Capital	$	1,672,659	$	269,354	$	3,187,770
Total Distributable Earnings (Loss)		511,065		39,312		901,396

NET ASSETS	$	2,183,724	$	308,666	$	4,089,166

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


			Selectively
	World Core		Hedged Global		Emerging		Emerging
	Equity		Equity		Markets		Markets Small
	Portfolio		Portfolio		Portfolio		Cap Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	1,089,751	$	343,955	$	6,228,860	$	5,116,707
Segregated Cash for Futures Contracts		—		218		—		—
Cash		—		4,196		—		—
Receivables:
Investment Securities/Affiliated Investment Companies Sold		368		—		—		—
Fund Shares Sold		157		55		2,023		3,291
Futures Margin Variation		—		9		—		—
Unrealized Gain on Forward Currency Contracts		—		736		—		—
Prepaid Expenses and Other Assets		7		16		41		27

Total Assets		1,090,283		349,185		6,230,924		5,120,025

LIABILITIES:
Payables:
Fund Shares Redeemed		1,334		36		4,275		2,148
Due to Advisor		28		12		1,017		1,419
Line of Credit		142		—		—		—
Unrealized Loss on Forward Currency Contracts		—		389		—		—
Accrued Expenses and Other Liabilities		65		41		445		534

Total Liabilities		1,569		478		5,737		4,101

NET ASSETS	$	1,088,714	$	348,707	$	6,225,187	$	5,115,924

NET ASSET VALUE, OFFERING AND REDEMPTION
PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,088,714; $348,707; $6,225,187 and $5,115,924 and shares outstanding of 48,268,788, 15,601,153, 188,337,679 and 196,539,681, respectively	$	22.56	$	22.35	$	33.05	$	26.03

NUMBER OF SHARES AUTHORIZED		1,000,000,000		1,000,000,000		1,500,000,000		1,500,000,000

Investments in Affiliated Investment Companies at Cost	$	682,662	$	190,774		N/A		N/A

NET ASSETS CONSIST OF:
Paid-In Capital	$	695,365	$	180,810	$	3,544,746	$	3,846,582
Total Distributable Earnings (Loss)		393,349		167,897		2,680,441		1,269,342

NET ASSETS	$	1,088,714	$	348,707	$	6,225,187	$	5,115,924

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


			Emerging
	Emerging		Markets Core		Emerging
	Markets Value		Equity		Markets Targeted
	Portfolio		Portfolio*		Value Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value	$	13,194,408		—		—
Investment Securities at Value (including $0, $1,647,460 and $9,396 of securities on loan, respectively)		—	$	29,025,308	$	233,360
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $0, $524,603 and $3,069, respectively)		—		524,680		3,070
Segregated Cash for Futures Contracts		—		10,971		81
Foreign Currencies at Value		—		183,033		1,076
Cash		—		95,121		1,955
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—		11,615		537
Dividends and Interest		—		31,502		202
Securities Lending Income		—		4,030		33
Fund Shares Sold		84,657		15,300		140
Futures Margin Variation		—		453		—
Unrealized Gain on Foreign Currency Contracts		—		2		1
Prepaid Expenses and Other Assets		107		128		21

Total Assets		13,279,172		29,902,143		240,476

LIABILITIES:
Payables:
Upon Return of Securities Loaned		—		524,700		3,070
Investment Securities/Affiliated Investment Companies Purchased		—		15,765		593
Fund Shares Redeemed		2,706		21,531		78
Due to Advisor		3,540		8,230		104
Futures Margin Variation		—		—		13
Deferred Taxes Payable		—		169,435		1,566
Accrued Expenses and Other Liabilities		1,216		7,113		131

Total Liabilities		7,462		746,774		5,555

NET ASSETS	$	13,271,710	$	29,155,369	$	234,921

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $13,709; $0 and $0 and shares outstanding of 438,273, 0 and 0, respectively	$	31.28		N/A		N/A

NUMBER OF SHARES AUTHORIZED		200,000,000		N/A		N/A

Institutional Class Shares — based on net assets of $13,258,001; $29,155,369 and $234,921 and shares outstanding of 421,137,868, 1,158,977,701 and 17,895,390, respectively	$	31.48	$	25.16	$	13.13

NUMBER OF SHARES AUTHORIZED		3,000,000,000		5,000,000,000		500,000,000

Investment Securities at Cost		N/A	$	19,747,315	$	185,842

Foreign Currencies at Cost	$	—	$	178,854	$	1,000

NET ASSETS CONSIST OF:
Paid-In Capital	$	12,155,659	$	22,212,258	$	170,520
Total Distributable Earnings (Loss)		1,116,051		6,943,111		64,401

NET ASSETS	$	13,271,710	$	29,155,369	$	234,921

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


										International
	Large Cap			International			Global Small			Small
	International			Core Equity			Company			Company
	Portfolio^#			Portfolio^#			Portfolio*			Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $90 and $29,819, respectively)		—			—		$	826		$	284,123
Income from Securities Lending		—			—			61			13,194
Expenses Allocated from Affiliated Investment Companies		—			—			(55	)		(15,068	)

Income Distributions Received from Affiliated Investment Companies		—			—			505			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			1,337			282,249

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $14,631, $80,927, $0 and $0, respectively)	$	161,747		$	889,766			—			—
Income from Securities Lending		1,923			18,444			—			—

Total Fund Investment Income		163,670			908,210			—			—

Fund Expenses
Investment Management Fees		8,782			68,526			320			40,800
Accounting & Transfer Agent Fees		1,031			6,043			8			1,690
Custodian Fees		402			2,378			—			2
Filing Fees		144			762			18			212
Shareholders’ Reports		167			534			9			354
Directors’/Trustees’ Fees & Expenses		63			347			—			137
Professional Fees		103			573			—			38
Previously Waived Fees Recovered by Advisor (Note C)		—			183			31			—
Other		189			1,031			—			101

Total Fund Expenses		10,881			80,377			386			43,334

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			221			—
Fees Paid Indirectly (Note C)		15			245			—			—

Net Expenses		10,866			80,132			165			43,334

Net Investment Income (Loss)		152,804			828,078			1,172			238,915

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		88,328			210,041			—			—
Affiliated Investment Companies Shares Sold		(10	)		(21	)		336			—
Transactions Allocated from Affiliated Investment Company**		—			—			2,035			837,220
Futures		14,606			79,338			35			26,350
Foreign Currency Transactions		515			769			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,375,966			8,427,366			—			—
Affiliated Investment Companies Shares		(9	)		(71	)		14,525			—
Transactions Allocated from Affiliated Investment Company		—			—			5,844			2,927,439
Futures		2,380			10,863			—			3,416
Translation of Foreign Currency-Denominated Amounts		(315	)		(1,813	)		—			—

Net Realized and Unrealized Gain (Loss)		1,481,461			8,726,472			22,775			3,794,425

Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,634,265		$	9,554,550		$	23,947		$	4,033,340

**	Net of foreign capital gain taxes withheld of $0, $0, $5 and $0, respectively.

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


				Asia Pacific			United			Continental
	Japanese Small			Small			Kingdom Small			Small
	Company			Company			Company			Company
	Portfolio*			Portfolio*			Portfolio*			Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $1,105, $166, $10 and $2,693, respectively)	$	9,959		$	14,311		$	856		$	16,238
Income from Securities Lending		294			858			7			890
Expenses Allocated from Affiliated Investment Companies		(583	)		(533	)		(40	)		(941	)

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		9,670			14,636			823			16,187

Fund Expenses
Investment Management Fees		2,007			1,843			145			3,230
Accounting & Transfer Agent Fees		81			83			1			152
Filing Fees		27			28			12			40
Shareholders’ Reports		9			8			3			9
Directors’/Trustees’ Fees & Expenses		5			6			—			8
Professional Fees		1			2			—			2
Previously Waived Fees Recovered by Advisor (Note C)		—			—			57			—
Other		3			2			1			9

Total Fund Expenses		2,133			1,972			219			3,450

Fees Waived, Expenses Reimbursed by Advisor (Note C)		473			436			54			769

Net Expenses		1,660			1,536			165			2,681

Net Investment Income (Loss)		8,010			13,100			658			13,506

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		17,921			49,285			1,117			44,052
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		31,604			75,175			7,530			216,160

Net Realized and Unrealized Gain (Loss)		49,525			124,460			8,647			260,212

Net Increase (Decrease) in Net Assets Resulting from Operations	$	57,535		$	137,560		$	9,305		$	273,718

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

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

See accompanying Notes to Financial Statements.

100

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	DFA International Real Estate Securities Portfolio^#			DFA Global Real Estate Securities Portfolio^#		DFA International Small Cap Value Portfolio^#			International Vector Equity Portfolio^#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Income Distributions Received from Affiliated Investment Companies		—		$	21,150		—			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			21,150		—			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $24,220, $8, $30,819 and $9,168, respectively)	$	195,427			113,826	$	320,122		$	94,876
Income from Securities Lending		4,635			1,499		7,328			2,437

Total Fund Investment Income		200,062			115,325		327,450			97,313

Fund Expenses
Investment Management Fees		13,522			18,667		60,881			13,086
Accounting & Transfer Agent Fees		682			1,647		2,185			753
Custodian Fees		449			31		1,300			344
Filing Fees		57			201		223			137
Shareholders’ Reports		96			351		296			98
Directors’/Trustees’ Fees & Expenses		60			99		132			38
Professional Fees		89			32		193			63
Previously Waived Fees Recovered by Advisor (Note C)		—			26		—			—
Other		124			97		397			120

Total Fund Expenses		15,079			21,151		65,607			14,639

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			9,038		—			—
Fees Paid Indirectly (Note C)		219			3		46			5

Net Expenses		14,860			12,110		65,561			14,634

Net Investment Income (Loss)		185,202			124,365		261,889			82,679

Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			1,045		—			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(56,022	)		43,747		541,397			191,536
Affiliated Investment Companies Shares Sold		(43	)		60,992		(1	)		(7	)
Futures		13,260			1,671		26,234			(437	)
Foreign Currency Transactions		(485	)		—		1,071			49
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,378,475			1,755,986		3,392,048			860,557
Affiliated Investment Companies Shares		(2	)		1,097,358		(25	)		(8	)
Futures		3,086			—		9,695			826
Translation of Foreign Currency-Denominated Amounts		(414	)		—		(1,012	)		(279	)

Net Realized and Unrealized Gain (Loss)		1,337,855			2,960,799		3,969,407			1,052,237

Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,523,057		$	3,085,164	$	4,231,296		$	1,134,916

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

101

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	International High Relative Profitability Portfolio^#			World ex U.S. Value Portfolio*			World ex U.S. Core Equity Portfolio^#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $1,009 and $0, respectively)		—		$	9,505			—
Income from Securities Lending		—			155			—
Expenses Allocated from Affiliated Investment Companies		—			(505	)		—

Income Distributions Received from Affiliated Investment Companies		—			549			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			9,704			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $4,074, $0 and $11,197, respectively)	$	50,756			—		$	108,246
Income from Securities Lending		524			—			2,908

Total Fund Investment Income		51,280			—			111,154

Fund Expenses
Investment Management Fees		4,939			1,121			10,401
Accounting & Transfer Agent Fees		460			18			768
Custodian Fees		159			—			809
Filing Fees		130			29			157
Shareholders’ Reports		92			5			117
Directors’/Trustees’ Fees & Expenses		22			3			43
Professional Fees		29			4			148
Other		68			4			154

Total Fund Expenses		5,899			1,184			12,597

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			564			—
Fees Paid Indirectly (Note C)		11			—			9

Net Expenses		5,888			620			12,588

Net Investment Income (Loss)		45,392			9,084			98,566

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		43,197			—			21,498
Affiliated Investment Companies Shares Sold		(6	)		252			(2	)
Transactions Allocated from Affiliated Investment Company**		—			8,125			—
Futures		2,062			—			8,882
Foreign Currency Transactions		(81	)		—			(357	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		399,054			—			991,909
Affiliated Investment Companies Shares		(2	)		7,908			(6	)
Transactions Allocated from Affiliated Investment Company		—			68,735			—
Futures		145			—			1,632
Translation of Foreign Currency-Denominated Amounts		(61	)		—			(210	)

Net Realized and Unrealized Gain (Loss)		444,308			85,020			1,023,346

Net Increase (Decrease) in Net Assets Resulting from Operations	$	489,700		$	94,104		$	1,121,912

**	Net of foreign capital gain taxes withheld of $0, $84 and $16, respectively.

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

102

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	World Core Equity Portfolio			Selectively Hedged Global Equity Portfolio			Emerging Markets Portfolio*			Emerging Markets Small Cap Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $19,835 and $14,911, respectively)		—		$	2		$	159,499		$	129,476
Interest		—			—			477			79
Income from Securities Lending		—			—			4,669			18,767
Expenses Allocated from Affiliated Investment Companies		—			—			(9,503	)		(14,427	)

Income Distributions Received from Affiliated Investment Companies	$	16,932			5,639			—			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		16,932			5,641			155,142			133,895

Fund Expenses
Investment Management Fees		2,333			854			20,224			29,660
Accounting & Transfer Agent Fees		143			65			752			654
Custodian Fees		1			3			—			—
Filing Fees		66			27			154			127
Shareholders’ Reports		13			12			191			107
Directors’/Trustees’ Fees & Expenses		11			4			73			61
Professional Fees		3			1			21			17
Previously Waived Fees Recovered by Advisor (Note C)		129			—			—			—
Other		7			3			36			30

Total Fund Expenses		2,706			969			21,451			30,656

Fees Waived, Expenses Reimbursed by Advisor (Note C)		2,035			722			6,401			10,859
Fees Paid Indirectly (Note C)		—			1			—			—

Net Expenses		671			246			15,050			19,797

Net Investment Income (Loss)		16,261			5,395			140,092			114,098

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Affiliated Investment Companies Shares Sold		10,552			15,611			—			—
Transactions Allocated from Affiliated Investment Company**		—			—			398,700			592,687
Futures		(18	)		1,247			—			—
Forward Currency Contracts		—			694			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			(19	)		—			—
Affiliated Investment Companies Shares		283,947			88,688			—			—
Transactions Allocated from Affiliated Investment Company		—			—			691,616			923,652
Futures		—			196			—			—
Forward Currency Contracts		—			121			—			—

Net Realized and Unrealized Gain (Loss)		294,481			106,538			1,090,316			1,516,339

Net Increase (Decrease) in Net Assets Resulting from Operations	$	310,742		$	111,933		$	1,230,408		$	1,630,437

**	Net of foreign capital gain taxes withheld of $0, $0, $49 and $2,304, respectively.

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

See accompanying Notes to Financial Statements.

103

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	Emerging Markets Value Portfolio*			Emerging Markets Core Equity Portfolio^#			Emerging Markets Targeted Value Portfolio^#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $60,043, $0 and $0, respectively)	$	475,745			—			—
Interest		49			—			—
Income from Securities Lending		14,264			—			—
Expenses Allocated from Affiliated Investment Companies		(20,912	)		—			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		469,146			—			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $94,860 and $840, respectively)		—		$	758,089		$	6,549
Income from Securities Lending		—			36,836			227

Total Fund Investment Income		—			794,925			6,776

Fund Expenses
Investment Management Fees		60,987			106,295			1,293
Accounting & Transfer Agent Fees		1,274			5,232			41
Custodian Fees		—			9,238			128
Shareholder Servicing Fees Class R2 Shares		36			—			—
Filing Fees		179			458			47
Shareholders’ Reports		362			721			2
Directors’/Trustees’ Fees & Expenses		163			333			3
Professional Fees		16			710			17
Previously Waived Fees Recovered by Advisor (Note C)		—			—			135
Other		79			1,092			28

Total Fund Expenses		63,096			124,079			1,694

Class R2 Shares		15			—			—
Institutional Class Shares		14,397			—			—
Fees Paid Indirectly (Note C)		—			148			2

Net Expenses		48,684			123,931			1,692

Net Investment Income (Loss)		420,462			670,994			5,084

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		—			544,729			17,753
Affiliated Investment Companies Shares Sold		—			(14	)		—
Transactions Allocated from Affiliated Investment Company**		675,824			—			—
Futures		—			67,395			348
Foreign Currency Transactions		—			(15,240	)		(82	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			5,134,175			42,862
Affiliated Investment Companies Shares		—			(32	)		—
Transactions Allocated from Affiliated Investment Company		3,251,339			—			—
Futures		—			15,950			67
Translation of Foreign Currency-Denominated Amounts		—			100			2

Net Realized and Unrealized Gain (Loss)		3,927,163			5,747,063			60,950

Net Increase (Decrease) in Net Assets Resulting from Operations	$	4,347,625		$	6,418,057		$	66,034

**	Net of foreign capital gain taxes withheld of $11,984, $257 and $239, respectively.

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	Large Cap International Portfolio						International Core Equity Portfolio						Global Small Company Portfolio***
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	152,804		$	117,936		$	828,078		$	608,730		$	1,172		$	616
Capital Gain Distributions Received from Investment Securities		—			—			—			—			—			535
Net Realized Gain (Loss) on:
Investment Securities Sold,*		88,328			(380,110	)		210,041			(1,030,907	)		—			—
Affiliated Investment Companies Shares Sold		(10	)		(71	)		(21	)		(170	)		336			(712	)
Transactions Allocated from Affiliated Investment Company,*		—			—			—			—			2,035			(193	)
Futures		14,606			16,935			79,338			86,315			35			18
Foreign Currency Transactions		515			4,070			769			5,368			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,375,966			(141,807	)		8,427,366			(1,938,314	)		—			9
Affiliated Investment Companies Shares		(9	)		27			(71	)		97			14,525			(202	)
Transactions Allocated from Affiliated Investment Company		—			—			—			—			5,844			(79	)
Futures		2,380			(1,346	)		10,863			(6,655	)		—			—
Translation of Foreign Currency-Denominated Amounts		(315	)		207			(1,813	)		640			—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		1,634,265			(384,159	)		9,554,550			(2,274,896	)		23,947			(8	)

Distributions:
Institutional Class Shares		(144,492	)		(119,035	)		(761,635	)		(616,813	)		(727	)		(627	)
Capital Share Transactions (1):
Shares Issued		711,780			1,926,246			5,674,163			8,116,550			44,864			15,132
Shares Issued in Lieu of Cash Distributions		134,111			109,607			732,468			589,210			727			627
Shares Redeemed		(1,003,971	)		(2,188,646	)		(5,535,524	)		(11,407,917	)		(12,748	)		(12,842	)

Net Increase (Decrease) from Capital Share Transactions		(158,080	)		(152,793	)		871,107			(2,702,157	)		32,843			2,917

Total Increase (Decrease) in Net Assets		1,331,693			(655,987	)		9,664,022			(5,593,866	)		56,063			2,282
Net Assets
Beginning of Year		4,700,488			5,356,475			24,965,561			30,559,427			43,568			41,286

End of Year	$	6,032,181		$	4,700,488		$	34,629,583		$	24,965,561		$	99,631		$	43,568

(1) Shares Issued and Redeemed:
Shares Issued		26,957			94,221			365,542			716,205			3,098			1,667
Shares Issued in Lieu of Cash Distributions		5,054			5,201			47,003			47,443			58			54
Shares Redeemed		(38,575	)		(109,723	)		(359,922	)		(1,014,855	)		(886	)		(1,300	)

Net Increase (Decrease) from Shares Issued and Redeemed		(6,564	)		(10,301	)		52,623			(251,207	)		2,270			421

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0, $0 and $5, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $0 and $0, respectively.

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

See accompanying Notes to Financial Statements.

105

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***
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	238,915		$	219,740		$	8,010		$	8,936		$	13,100		$	12,909
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company,*		837,220			(279,498	)		17,921			(2,944	)		49,285			(3,570	)
Futures		26,350			13,320			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		2,927,439			(573,955	)		31,604			(15,236	)		75,175			1,830
Futures		3,416			(2,575	)		—			—			—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		4,033,340			(622,968	)		57,535			(9,244	)		137,560			11,169

Distributions:
Institutional Class Shares		(220,133	)		(529,962	)		(10,581	)		(23,243	)		(12,808	)		(14,178	)
Capital Share Transactions (1):
Shares Issued		2,604,837			2,566,857			19,129			67,280			13,533			71,668
Shares Issued in Lieu of Cash Distributions		214,868			511,580			10,580			23,242			12,805			14,174
Shares Redeemed		(3,315,191	)		(4,527,485	)		(163,522	)		(231,407	)		(148,282	)		(44,800	)

Net Increase (Decrease) from Capital Share Transactions		(495,486	)		(1,449,048	)		(133,813	)		(140,885	)		(121,944	)		41,042

Total Increase (Decrease) in Net Assets		3,317,721			(2,601,978	)		(86,859	)		(173,372	)		2,808			38,033
Net Assets
Beginning of Year		10,148,132			12,750,110			466,696			640,068			378,682			340,649

End of Year	$	13,465,853		$	10,148,132		$	379,837		$	466,696		$	381,490		$	378,682

(1) Shares Issued and Redeemed:
Shares Issued		116,406			166,813			736			3,412			520			4,296
Shares Issued in Lieu of Cash Distributions		10,453			27,715			418			928			559			681
Shares Redeemed		(151,391	)		(292,110	)		(6,381	)		(10,105	)		(5,727	)		(2,301	)

Net Increase (Decrease) from Shares Issued and Redeemed		(24,532	)		(97,582	)		(5,227	)		(5,765	)		(4,648	)		2,676

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $0 and $0, respectively.

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

See accompanying Notes to Financial Statements.

106

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
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	658		$	377		$	13,506		$	9,756		$	185,202		$	190,031
Net Realized Gain (Loss) on:
Investment Securities Sold,*		—			—			—			—			(56,022	)		(107,519	)
Affiliated Investment Companies Shares Sold		—			—			—			—			(43	)		(33	)
Transactions Allocated from Affiliated Investment Company,*		1,117			78			44,052			(23,161	)		—			—
Futures		—			—			—			—			13,260			21,374
Foreign Currency Transactions		—			—			—			—			(485	)		1,329
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			—			—			—			1,378,475			(1,553,230	)
Affiliated Investment Companies Shares		—			—			—			—			(2	)		14
Transactions Allocated from Affiliated Investment Company		7,530			(3,815	)		216,160			(31,479	)		—			—
Futures		—			—			—			—			3,086			(2,070	)
Translation of Foreign Currency-Denominated Amounts		—			—			—			—			(414	)		310

Net Increase (Decrease) in Net Assets Resulting from Operations		9,305			(3,360	)		273,718			(44,884	)		1,523,057			(1,449,794	)

Distributions:
Institutional Class Shares		(589	)		(2,447	)		(13,461	)		(8,902	)		—			(717,271	)
Capital Share Transactions (1):
Shares Issued		26,424			3,517			76,760			73,968			714,047			1,196,937
Shares Issued in Lieu of Cash Distributions		588			2,447			13,460			8,888			—			707,587
Shares Redeemed		(8,462	)		(9,830	)		(20,462	)		(148,431	)		(896,488	)		(1,388,574	)

Net Increase (Decrease) from Capital Share Transactions		18,550			(3,866	)		69,758			(65,575	)		(182,441	)		515,950

Total Increase (Decrease) in Net Assets		27,266			(9,673	)		330,015			(119,361	)		1,340,616			(1,651,115	)
Net Assets
Beginning of Year		16,867			26,540			537,744			657,105			4,646,848			6,297,963

End of Year	$	44,133		$	16,867		$	867,759		$	537,744		$	5,987,464		$	4,646,848

(1) Shares Issued and Redeemed:
Shares Issued		855			153			2,229			2,953			148,690			304,948
Shares Issued in Lieu of Cash Distributions		20			88			418			361			—			144,701
Shares Redeemed		(274	)		(404	)		(622	)		(7,187	)		(192,731	)		(341,397	)

Net Increase (Decrease) from Shares Issued and Redeemed		601			(163	)		2,025			(3,873	)		(44,041	)		108,252

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $0 and $0, respectively.

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

See accompanying Notes to Financial Statements.

107

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
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	124,365		$	513,699		$	261,889		$	228,060		$	82,679		$	59,466
Capital Gain Distributions Received from Investment Securities		1,045			1,750			—			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold,*		43,747			(42,440	)		541,397			(411,850	)		191,536			(76,225	)
Affiliated Investment Companies Shares Sold		60,992			22,534			(1	)		(2	)		(7	)		(7	)
Futures		1,671			(362	)		26,234			35,047			(437	)		(8,170	)
Foreign Currency Transactions		—			—			1,071			6,447			49			296
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,755,986			(868,809	)		3,392,048			(1,526,362	)		860,557			(125,231	)
Affiliated Investment Companies Shares		1,097,358			(1,432,797	)		(25	)		(8	)		(8	)		15
Futures		—			—			9,695			(7,947	)		826			—
Translation of Foreign Currency-Denominated Amounts		—			—			(1,012	)		(289	)		(279	)		132

Net Increase (Decrease) in Net Assets Resulting from Operations		3,085,164			(1,806,425	)		4,231,296			(1,676,904	)		1,134,916			(149,724	)

Distributions:
Institutional Class Shares		(186,953	)		(599,021	)		(258,254	)		(430,950	)		(74,200	)		(57,640	)
Capital Share Transactions (1):
Shares Issued		2,211,113			2,435,290			1,538,249			2,667,860			397,948			1,704,392
Shares Issued in Lieu of Cash Distributions		179,038			567,176			226,985			385,828			73,824			56,357
Shares Redeemed		(1,976,601	)		(2,640,206	)		(2,841,493	)		(4,485,990	)		(538,557	)		(1,408,660	)

Net Increase (Decrease) from Capital Share Transactions		413,550			362,260			(1,076,259	)		(1,432,302	)		(66,785	)		352,089

Total Increase (Decrease) in Net Assets		3,311,761			(2,043,186	)		2,896,783			(3,540,156	)		993,931			144,725
Net Assets
Beginning of Year		7,225,825			9,269,011			9,887,928			13,428,084			2,722,859			2,578,134

End of Year	$	10,537,586		$	7,225,825		$	12,784,711		$	9,887,928		$	3,716,790		$	2,722,859

(1) Shares Issued and Redeemed:
Shares Issued		189,077			243,141			74,227			181,563			29,258			184,973
Shares Issued in Lieu of Cash Distributions		16,811			49,884			11,757			20,438			5,458			5,172
Shares Redeemed		(168,470	)		(267,327	)		(140,273	)		(292,999	)		(39,764	)		(150,794	)

Net Increase (Decrease) from Shares Issued and Redeemed		37,418			25,698			(54,289	)		(90,998	)		(5,048	)		39,351

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

108

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	International High Relative Profitability Portfolio						World ex U.S. Value Portfolio***
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	45,392		$	19,772		$	9,084		$	6,168
Capital Gain Distributions Received from Investment Securities		—			—			—			440
Net Realized Gain (Loss) on:
Investment Securities Sold,*		43,197			(18,047	)		—			—
Affiliated Investment Companies Shares Sold		(6	)		(1	)		252			(1,457	)
Transactions Allocated from Affiliated Investment Company,*		—			—			8,125			(14,842	)
Futures		2,062			3,996			—			100
Foreign Currency Transactions		(81	)		(53	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		399,054			56,853			—			(42	)
Affiliated Investment Companies Shares		(2	)		5			7,908			(3,499	)
Transactions Allocated from Affiliated Investment Company		—			—			68,735			(36,036	)
Futures		145			(145	)		—			—
Translation of Foreign Currency-Denominated Amounts		(61	)		60			—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		489,700			62,440			94,104			(49,168	)

Distributions:
Institutional Class Shares		(43,180	)		(18,018	)		(8,755	)		(6,579	)
Capital Share Transactions (1):
Shares Issued		559,296			1,014,049			60,323			54,277
Shares Issued in Lieu of Cash Distributions		42,393			17,687			8,749			6,573
Shares Redeemed		(339,830	)		(259,261	)		(52,670	)		(100,557	)

Net Increase (Decrease) from Capital Share Transactions		261,859			772,475			16,402			(39,707	)

Total Increase (Decrease) in Net Assets		708,379			816,897			101,751			(95,454	)
Net Assets
Beginning of Year		1,475,345			658,448			206,915			302,369

End of Year	$	2,183,724		$	1,475,345		$	308,666		$	206,915

(1) Shares Issued and Redeemed:
Shares Issued		42,975			101,501			4,967			6,299
Shares Issued in Lieu of Cash Distributions		3,204			1,705			723			672
Shares Redeemed		(25,822	)		(25,836	)		(4,335	)		(11,524	)

Net Increase (Decrease) from Shares Issued and Redeemed		20,357			77,370			1,355			(4,553	)

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0 and $84, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0 and $2, respectively.

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

See accompanying Notes to Financial Statements.

109

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	World ex U.S. Core Equity						World Core Equity						Selectively Hedged
	Portfolio						Portfolio						Global Equity Portfolio
	Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2021			2020			2021			2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	98,566		$	77,826		$	16,261		$	14,907		$	5,395		$	5,790
Capital Gain Distributions Received from Investment Securities		—			—			—			8,146			—			4,097
Net Realized Gain (Loss) on:
Investment Securities Sold,*		21,498			(110,980	)		—			—			—			—
Affiliated Investment Companies Shares Sold		(2	)		(23	)		10,552			(19,813	)		15,611			(689	)
Futures		8,882			13,484			(18	)		(122	)		1,247			460
Foreign Currency Transactions		(357	)		1,255			—			—			—			—
Forward Currency Contracts		—			—			—			—			694			(1,961	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		991,909			(169,554	)		—			—			(19	)		—
Affiliated Investment Companies Shares		(6	)		17			283,947			3,079			88,688			(13,537	)
Futures		1,632			(598	)		—			—			196			(146	)
Translation of Foreign Currency-Denominated Amounts		(210	)		101			—			—			—			—
Forward Currency Contracts		—			—			—			—			121			710

Net Increase (Decrease) in Net Assets Resulting from Operations		1,121,912			(188,472	)		310,742			6,197			111,933			(5,276	)

Distributions:
Institutional Class Shares		(98,429	)		(75,535	)		(16,210	)		(16,437	)		(6,934	)		(9,635	)
Capital Share Transactions (1):
Shares Issued		608,060			1,273,174			205,873			198,881			40,778			64,436
Shares Issued in Lieu of Cash Distributions		97,865			74,685			15,000			15,264			6,900			9,598
Shares Redeemed		(850,479	)		(1,592,928	)		(196,293	)		(313,856	)		(92,479	)		(146,446	)

Net Increase (Decrease) from Capital Share Transactions		(144,554	)		(245,069	)		24,580			(99,711	)		(44,801	)		(72,412	)

Total Increase (Decrease) in Net Assets		878,929			(509,076	)		319,112			(109,951	)		60,198			(87,323	)
Net Assets
Beginning of Year		3,210,237			3,719,313			769,602			879,553			288,509			375,832

End of Year	$	4,089,166		$	3,210,237		$	1,088,714		$	769,602		$	348,707		$	288,509

(1) Shares Issued and Redeemed:
Shares Issued		45,421			135,315			9,724			13,724			2,016			4,300
Shares Issued in Lieu of Cash Distributions		7,267			7,310			711			969			372			564
Shares Redeemed		(64,633	)		(168,321	)		(9,418	)		(20,996	)		(4,584	)		(9,787	)

Net Increase (Decrease) from Shares Issued and Redeemed		(11,945	)		(25,696	)		1,017			(6,303	)		(2,196	)		(4,923	)

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $16, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $2, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

110

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	Emerging Markets						Emerging Markets						Emerging Markets Value
	Portfolio***						Small Cap Portfolio***						Portfolio***
	Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2021			2020			2021			2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	140,092		$	118,848		$	114,098		$	120,972		$	420,462		$	419,152
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company,*		398,700			62,124			592,687			(377,221	)		675,824			(1,030,841	)
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		691,616			28,554			923,652			126,768			3,251,339			(1,128,949	)

Net Increase (Decrease) in Net Assets Resulting from Operations		1,230,408			209,526			1,630,437			(129,481	)		4,347,625			(1,740,638	)

Distributions:
Class R2 Shares		—			—			—			—			(349	)		(569	)
Institutional Class Shares		(122,695	)		(118,156	)		(128,503	)		(170,927	)		(381,943	)		(441,483	)

Total Distributions		(122,695	)		(118,156	)		(128,503	)		(170,927	)		(382,292	)		(442,052	)

Capital Share Transactions (1):
Shares Issued		1,466,367			1,949,203			453,465			767,311			1,803,325			3,023,264
Shares Issued in Lieu of Cash Distributions		118,246			110,017			120,830			161,476			368,413			425,730
Shares Redeemed		(2,119,497	)		(2,466,550	)		(1,840,038	)		(2,172,505	)		(5,474,850	)		(5,847,897	)

Net Increase (Decrease) from Capital Share Transactions		(534,884	)		(407,330	)		(1,265,743	)		(1,243,718	)		(3,303,112	)		(2,398,903	)

Total Increase (Decrease) in Net Assets		572,829			(315,960	)		236,191			(1,544,126	)		662,221			(4,581,593	)
Net Assets
Beginning of Year		5,652,358			5,968,318			4,879,733			6,423,859			12,609,489			17,191,082

End of Year	$	6,225,187		$	5,652,358		$	5,115,924		$	4,879,733		$	13,271,710		$	12,609,489

(1) Shares Issued and Redeemed:
Shares Issued		43,254			81,083			18,380			43,649			58,117			131,688
Shares Issued in Lieu of Cash Distributions		3,525			4,148			5,119			8,071			12,138			16,867
Shares Redeemed		(62,966	)		(97,296	)		(75,078	)		(123,692	)		(175,638	)		(250,369	)

Net Increase (Decrease) from Shares Issued and Redeemed		(16,187	)		(12,065	)		(51,579	)		(71,972	)		(105,383	)		(101,814	)

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $49, $2,304 and $11,984, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $162 and $365, respectively.

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

See accompanying Notes to Financial Statements.

111

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	Emerging Markets Core						Emerging Markets Targeted
	Equity Portfolio						Value Portfolio
	Year			Year			Year			Year
	Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2021			2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	670,994		$	561,952		$	5,084		$	3,141
Net Realized Gain (Loss) on:
Investment Securities Sold,*		544,729			(1,673,803	)		17,753			1,473
Affiliated Investment Companies Shares Sold		(14	)		(9	)		—			—
Futures		67,395			69,434			348			(609	)
Foreign Currency Transactions		(15,240	)		(17,720	)		(82	)		36
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		5,134,175			760,317			42,862			3,387
Affiliated Investment Companies Shares		(32	)		17			—			—
Futures		15,950			(12,657	)		67			(13	)
Translation of Foreign Currency-Denominated Amounts		100			(579	)		2			(4	)

Net Increase (Decrease) in Net Assets Resulting from Operations		6,418,057			(313,048	)		66,034			7,411

Distributions:
Institutional Class Shares		(590,306	)		(585,760	)		(4,500	)		(3,875	)
Capital Share Transactions (1):
Shares Issued		4,891,169			6,136,399			53,547			116,272
Shares Issued in Lieu of Cash Distributions		560,095			555,504			4,385			3,875
Shares Redeemed		(6,904,346	)		(9,635,005	)		(54,708	)		(67,880	)

Net Increase (Decrease) from Capital Share Transactions		(1,453,082	)		(2,943,102	)		3,224			52,267

Total Increase (Decrease) in Net Assets		4,374,669			(3,841,910	)		64,758			55,803
Net Assets
Beginning of Year		24,780,700			28,622,610			170,163			114,360

End of Year	$	29,155,369		$	24,780,700		$	234,921		$	170,163

(1) Shares Issued and Redeemed:
Shares Issued		191,908			329,136			4,233			14,050
Shares Issued in Lieu of Cash Distributions		22,111			28,643			389			366
Shares Redeemed		(273,309	)		(529,560	)		(4,246	)		(7,864	)

Net Increase (Decrease) from Shares Issued and Redeemed		(59,290	)		(171,781	)		376			6,552

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $257 and $239, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $72 and $0, respectively.

See accompanying Notes to Financial Statements.

112

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Large Cap International Portfolio															International Core Equity Portfolio
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017
Net Asset Value, Beginning of Year	$	20.90		$	22.78		$	21.29		$	23.52		$	19.52		$	12.08		$	13.19		$	12.65		$	14.23		$	11.58

Income from Investment Operations (A)
Net Investment Income (Loss)		0.70			0.49			0.70			0.66			0.58			0.40			0.28			0.41			0.38			0.34
Net Gains (Losses) on Securities (Realized and Unrealized)		6.70			(1.87	)		1.47			(2.25	)		4.00			4.24			(1.11	)		0.53			(1.60	)		2.63

Total from Investment Operations		7.40			(1.38	)		2.17			(1.59	)		4.58			4.64			(0.83	)		0.94			(1.22	)		2.97

Less Distributions:
Net Investment Income		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.58	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)		(0.32	)

Total Distributions		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.58	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)		(0.32	)

Net Asset Value, End of Year	$	27.63		$	20.90		$	22.78		$	21.29		$	23.52		$	16.35		$	12.08		$	13.19		$	12.65		$	14.23

Total Return		35.55	%		(6.05	%)		10.38	%		(6.97	%)		23.79	%		38.56	%		(6.32	%)		7.67	%		(8.79	%)		26.02	%

Net Assets, End of Year (thousands)	$	6,032,181		$	4,700,488		$	5,356,475		$	4,587,406		$	4,723,090		$	34,629,583		$	24,965,561		$	30,559,427		$	27,174,589		$	25,443,968
Ratio of Expenses to Average Net Assets		0.19	%		0.22	%		0.23	%		0.23	%		0.25	%		0.25	%		0.30	%		0.29	%		0.30	%		0.30	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.19	%		0.23	%		0.24	%		0.23	%		0.25	%		0.25	%		0.30	%		0.31	%		0.30	%		0.32	%
Ratio of Net Investment Income to Average Net Assets		2.65	%		2.31	%		3.22	%		2.78	%		2.72	%		2.56	%		2.24	%		3.21	%		2.67	%		2.62	%
Portfolio Turnover Rate		14	%		19	%		7	%		8	%		10	%		8	%		4	%		6	%		4	%		6	%

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

See accompanying Notes to Financial Statements.

113

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Global Small Company Portfolio															International Small Company Portfolio
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Period Jan 18, 2017 ʊ to Oct 31, 2017			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017
Net Asset Value, Beginning of Period	$	10.50		$	11.07		$	10.73		$	11.53		$	10.00		$	16.84		$	18.21		$	18.46		$	21.52		$	17.78

Income from Investment Operations (A)
Net Investment Income (Loss)		0.22			0.15			0.18			0.19			0.14			0.41			0.33			0.43			0.46			0.41
Net Gains (Losses) on Securities (Realized and Unrealized)		4.97			(0.55	)		0.27			(0.75	)		1.39			6.42			(0.93	)		0.58			(2.41	)		4.13

Total from Investment Operations		5.19			(0.40	)		0.45			(0.56	)		1.53			6.83			(0.60	)		1.01			(1.95	)		4.54

Less Distributions:
Net Investment Income		(0.17	)		(0.17	)		(0.11	)		(0.17	)		—			(0.38	)		(0.37	)		(0.44	)		(0.44	)		(0.34	)
Net Realized Gains		—			—			—			(0.07	)		—			—			(0.40	)		(0.82	)		(0.67	)		(0.46	)

Total Distributions		(0.17	)		(0.17	)		(0.11	)		(0.24	)		—			(0.38	)		(0.77	)		(1.26	)		(1.11	)		(0.80	)

Net Asset Value, End of Period	$	15.52		$	10.50		$	11.07		$	10.73		$	11.53		$	23.29		$	16.84		$	18.21		$	18.46		$	21.52

Total Return		49.81	%		(3.75	%)		4.29	%		(5.02	%)		15.30	%(B)		40.83	%		(3.64	%)		6.44	%		(9.54	%)		26.54	%

Net Assets, End of Period (thousands)	$	99,631		$	43,568		$	41,286		$	31,380		$	15,021		$	13,465,853		$	10,148,132		$	12,750,110		$	12,656,204		$	13,490,290
Ratio of Expenses to Average Net Assets *(C)		0.47	%		0.47	%		0.49	%		0.49	%		0.42	%(D)(E)		0.46	%		0.53	%		0.54	%		0.53	%		0.53	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(C)		0.71	%		0.85	%		0.93	%		0.90	%		1.14	%(D)(E)		0.46	%		0.53	%		0.54	%		0.53	%		0.53	%
Ratio of Net Investment Income to Average Net Assets		1.49	%		1.50	%		1.69	%		1.58	%		1.74	%(D)(E)		1.90	%		1.96	%		2.44	%		2.18	%		2.14	%

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.24	%		0.27	%		0.27	%		0.26	%		0.27	%		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%

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

See accompanying Notes to Financial Statements.

114

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Japanese Small Company Portfolio															Asia Pacific Small Company Portfolio
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017
Net Asset Value, Beginning of Year	$	23.39		$	24.89		$	25.70		$	28.56		$	23.01		$	20.13		$	21.11		$	20.83		$	23.71		$	21.27

Income from Investment Operations (A)
Net Investment Income (Loss)		0.44			0.40			0.45			0.43			0.37			0.75			0.75			0.77			0.84			0.74
Net Gains (Losses) on Securities (Realized and Unrealized)		2.51			(0.91	)		0.37			(2.59	)		5.61			6.74			(0.77	)		0.19			(2.76	)		2.45

Total from Investment Operations		2.95			(0.51	)		0.82			(2.16	)		5.98			7.49			(0.02	)		0.96			(1.92	)		3.19

Less Distributions:
Net Investment Income		(0.54	)		(0.61	)		(0.28	)		(0.70	)		(0.43	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)		(0.75	)
Net Realized Gains		—			(0.38	)		(1.35	)		—			—			—			—			—			—			—

Total Distributions		(0.54	)		(0.99	)		(1.63	)		(0.70	)		(0.43	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)		(0.75	)

Net Asset Value, End of Year	$	25.80		$	23.39		$	24.89		$	25.70		$	28.56		$	26.94		$	20.13		$	21.11		$	20.83		$	23.71

Total Return		12.66	%		(2.32	%)		4.01	%		(7.82	%)		26.56	%		37.81	%		(0.23	%)		4.81	%		(8.51	%)		15.70	%

Net Assets, End of Year (thousands)	$	379,837		$	466,696		$	640,068		$	622,650		$	647,978		$	381,490		$	378,682		$	340,649		$	346,335		$	332,153
Ratio of Expenses to Average Net Assets (F)		0.47	%		0.54	%		0.55	%		0.53	%		0.54	%		0.48	%		0.54	%		0.57	%		0.54	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.57	%		0.64	%		0.65	%		0.63	%		0.64	%		0.58	%		0.64	%		0.67	%		0.64	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		1.69	%		1.74	%		1.91	%		1.49	%		1.50	%		3.01	%		3.92	%		3.65	%		3.57	%		3.41	%

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

See accompanying Notes to Financial Statements.

115

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	United Kingdom Small Company Portfolio															Continental Small Company Portfolio
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017
Net Asset Value, Beginning of Year	$	21.35		$	27.85		$	26.95		$	32.67		$	27.21		$	23.82		$	24.84		$	24.37		$	28.24		$	21.48

Income from Investment Operations (A)
Net Investment Income (Loss)		0.58			0.43			0.76			0.85			0.87			0.57			0.40			0.55			0.61			0.45
Net Gains (Losses) on Securities (Realized and Unrealized)		10.31			(4.00	)		1.68			(3.65	)		6.67			11.45			(1.04	)		1.23			(3.68	)		6.73

Total from Investment Operations		10.89			(3.57	)		2.44			(2.80	)		7.54			12.02			(0.64	)		1.78			(3.07	)		7.18

Less Distributions:
Net Investment Income		(0.52	)		(0.68	)		(0.47	)		(0.79	)		(0.93	)		(0.57	)		(0.38	)		(0.51	)		(0.59	)		(0.42	)
Net Realized Gains		—			(2.25	)		(1.07	)		(2.13	)		(1.15	)		—			—			(0.80	)		(0.21	)		—

Total Distributions		(0.52	)		(2.93	)		(1.54	)		(2.92	)		(2.08	)		(0.57	)		(0.38	)		(1.31	)		(0.80	)		(0.42	)

Net Asset Value, End of Year	$	31.72		$	21.35		$	27.85		$	26.95		$	32.67		$	35.27		$	23.82		$	24.84		$	24.37		$	28.24

Total Return		51.31	%		(15.27	%)		10.14	%		(9.34	%)		29.28	%		50.70	%		(2.63	%)		7.94	%		(11.14	%)		33.68	%

Net Assets, End of Year (thousands)	$	44,133		$	16,867		$	26,540		$	36,351		$	45,177		$	867,759		$	537,744		$	657,105		$	645,651		$	592,347
Ratio of Expenses to Average Net Assets (F)		0.59	%		0.59	%		0.59	%		0.58	%		0.59	%		0.47	%		0.54	%		0.56	%		0.54	%		0.56	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.74	%		0.86	%		0.82	%		0.68	%		0.71	%		0.57	%		0.64	%		0.66	%		0.64	%		0.66	%
Ratio of Net Investment Income to Average Net Assets		1.88	%		1.89	%		2.92	%		2.75	%		2.93	%		1.76	%		1.68	%		2.30	%		2.16	%		1.78	%

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

See accompanying Notes to Financial Statements.

116

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Real Estate Securities Portfolio															DFA Global Real Estate Securities Portfolio
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	3.77		$	5.61		$	4.85		$	5.07		$	5.23		$	9.57		$	12.71		$	10.71		$	10.90		$	10.84

Income from Investment Operations (A)
Net Investment Income (Loss)		0.16			0.15			0.20			0.22			0.21			0.16			0.68			0.34	**		0.48			0.43
Net Gains (Losses) on Securities (Realized and Unrealized)		1.11			(1.35	)		0.83			(0.22	)		0.04			3.80			(3.00	)		2.16	**		(0.26	)		0.15

Total from Investment Operations		1.27			(1.20	)		1.03			—			0.25			3.96			(2.32	)		2.50			0.22			0.58

Less Distributions:
Net Investment Income		—			(0.64	)		(0.27	)		(0.22	)		(0.41	)		(0.20	)		(0.70	)		(0.50	)		(0.34	)		(0.49	)
Net Realized Gains		—			—			—			—			—			(0.04	)		(0.12	)		(—	)		(0.07	)		(0.03	)

Total Distributions		—			(0.64	)		(0.27	)		(0.22	)		(0.41	)		(0.24	)		(0.82	)		(0.50	)		(0.41	)		(0.52	)

Net Asset Value, End of Year	$	5.04		$	3.77		$	5.61		$	4.85		$	5.07		$	13.29		$	9.57		$	12.71		$	10.71		$	10.90

Total Return		33.69	%		(23.98	%)		22.54	%		(0.24	%)		5.46	%		42.08	%		(19.28	%)		24.55	%		1.91	%		5.82	%

Net Assets, End of Year (thousands)	$	5,987,464		$	4,646,848		$	6,297,963		$	5,442,507		$	5,497,753		$	10,537,586		$	7,225,825		$	9,269,011		$	7,475,924		$	6,753,782
Ratio of Expenses to Average Net Assets *		0.27	%		0.26	%		0.27	%		0.28	%		0.28	%		0.24	%(C)		0.24	%(C)		0.24	%(C)		0.24	%(C)		0.24	%(C)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) *		0.27	%		0.27	%		0.28	%		0.28	%		0.28	%		0.34	%(C)		0.34	%(C)		0.35	%(C)		0.35	%(C)		0.37	%(C)
Ratio of Net Investment Income to Average Net Assets		3.29	%		3.61	%		4.01	%		4.27	%		4.19	%		1.33	%		6.44	%		2.95	%**		4.42	%		4.03	%
Portfolio Turnover Rate		8	%		12	%		8	%		5	%		1	%		1	%		0	%		0	%		3	%		2	%

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		N/A			N/A			N/A			N/A			N/A			0.11	%		0.12	%		0.13	%		0.13	%		0.15	%

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

See accompanying Notes to Financial Statements.

117

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Small Cap Value Portfolio															International Vector Equity Portfolio
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	15.65		$	18.58		$	19.24		$	23.51		$	19.31		$	10.42		$	11.62		$	11.74		$	13.33		$	10.78

Income from Investment Operations (A)
Net Investment Income (Loss)		0.44			0.33			0.45			0.47			0.39			0.32			0.23			0.33			0.32			0.28
Net Gains (Losses) on Securities (Realized and Unrealized)		6.48			(2.65	)		(0.01	)		(3.44	)		4.72			4.06			(1.20	)		0.24			(1.56	)		2.57

Total from Investment Operation		6.92			(2.32	)		0.44			(2.97	)		5.11			4.38			(0.97	)		0.57			(1.24	)		2.85

Less Distributions:
Net Investment Income		(0.43	)		(0.32	)		(0.48	)		(0.56	)		(0.29	)		(0.29	)		(0.23	)		(0.34	)		(0.30	)		(0.28	)
Net Realized Gains		—			(0.29	)		(0.62	)		(0.74	)		(0.62	)		—			—			(0.35	)		(0.05	)		(0.02	)

Total Distributions		(0.43	)		(0.61	)		(1.10	)		(1.30	)		(0.91	)		(0.29	)		(0.23	)		(0.69	)		(0.35	)		(0.30	)

Net Asset Value, End of Year	$	22.14		$	15.65		$	18.58		$	19.24		$	23.51		$	14.51		$	10.42		$	11.62		$	11.74		$	13.33

Total Return		44.61	%		(13.03	%)		2.94	%		(13.37	%)		27.49	%		42.24	%		(8.41	%)		5.49	%		(9.52	%)		26.83	%

Net Assets, End of Year (thousands)	$	12,784,711		$	9,887,928		$	13,428,084		$	13,787,695		$	16,162,471		$	3,716,790		$	2,722,859		$	2,578,134		$	2,441,217		$	2,529,852
Ratio of Expenses to Average Net Assets		0.53	%		0.65	%		0.68	%		0.68	%		0.68	%		0.42	%		0.47	%		0.50	%		0.48	%		0.49	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.53	%		0.66	%		0.69	%		0.68	%		0.68	%		0.42	%		0.48	%		0.50	%		0.48	%		0.49	%
Ratio of Net Investment Income to Average Net Assets		2.13	%		2.02	%		2.48	%		2.10	%		1.85	%		2.35	%		2.20	%		2.94	%		2.40	%		2.36	%
Portfolio Turnover Rate		15	%		14	%		18	%		23	%		21	%		15	%		18	%		17	%		12	%		5	%

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

See accompanying Notes to Financial Statements.

118

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	International High Relative Profitability Portfolio															World Ex U.S. Value Portfolio
	Year			Year			Year			Year			Period May 16,			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			2017 ʊ to			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Net Asset Value, Beginning of Period	$	10.64		$	10.74		$	9.71		$	10.68		$	10.00		$	8.99		$	10.97		$	11.16		$	12.71		$	10.31

Income from Investment Operations (A)
Net Investment Income (Loss)		0.30			0.21			0.27			0.26			0.08			0.38			0.25			0.35			0.34			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		3.08			(0.13	)		1.00			(1.01	)		0.66			3.66			(1.96	)		0.04			(1.48	)		2.33

Total from Investment Operations		3.38			0.08			1.27			(0.75	)		0.74			4.04			(1.71	)		0.39			(1.14	)		2.64

Less Distributions:
Net Investment Income		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.06	)		(0.36	)		(0.27	)		(0.35	)		(0.41	)		(0.24	)
Net Realized Gains		—			—			—			—			—			—			—			(0.23	)		—			—

Total Distributions		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.06	)		(0.36	)		(0.27	)		(0.58	)		(0.41	)		(0.24	)

Net Asset Value, End of Period	$	13.73		$	10.64		$	10.74		$	9.71		$	10.68		$	12.67		$	8.99		$	10.97		$	11.16		$	12.71

Total Return		31.85	%		0.80	%		13.19	%		(7.20	%)		7.38	%(B)		45.23	%		(15.76	%)		3.75	%		(9.22	%)		25.97	%

Net Assets, End of Period (thousands)	$	2,183,724		$	1,475,345		$	658,448		$	266,868		$	67,793		$	308,666		$	206,915		$	302,369		$	240,668		$	246,551
Ratio of Expenses to Average Net Assets *		0.30	%		0.30	%		0.33	%		0.35	%		0.31	%(D)(E)		0.44	%(C)		0.50	%(C)		0.54	%(C)		0.52	%(C)		0.52	%(C)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) *		0.30	%		0.31	%		0.34	%		0.35	%		0.65	%(D)(E)		0.64	%(C)		0.71	%(C)		0.76	%(C)		0.74	%(C)		0.75	%(C)
Ratio of Net Investment Income to Average Net Assets		2.30	%		1.97	%		2.69	%		2.41	%		1.76	%(D)(E)		3.14	%		2.56	%		3.25	%		2.72	%		2.69	%
Portfolio Turnover Rate		15	%		15	%		9	%		9	%		2	%(B)		N/A			N/A			N/A			N/A			N/A

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		N/A			N/A			N/A			N/A			N/A			0.20	%		0.23	%		0.24	%		0.24	%		0.25	%

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

See accompanying Notes to Financial Statements.

119

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	World Ex U.S. Core Equity Portfolio
	Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017
Net Asset Value, Beginning of Period	$	10.44		$	11.17		$	10.65		$	12.15		$	9.93

Income from Investment Operations (A)
Net Investment Income (Loss)		0.33			0.24			0.33			0.31			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		3.40			(0.74	)		0.56			(1.52	)		2.21

Total from Investment Operations		3.73			(0.50	)		0.89			(1.21	)		2.48

Less Distributions:
Net Investment Income		(0.33	)		(0.23	)		(0.32	)		(0.29	)		(0.26	)
Net Realized Gains		—			—			(0.05	)		—			—

Total Distributions		(0.33	)		(0.23	)		(0.37	)		(0.29	)		(0.26	)

Net Asset Value, End of Period	$	13.84		$	10.44		$	11.17		$	10.65		$	12.15

Total Return		35.87	%		(4.42	%)		8.64	%		(10.22	%)		25.33	%

Net Assets, End of Period (thousands)	$	4,089,166		$	3,210,237		$	3,719,313		$	3,129,791		$	2,805,367
Ratio of Expenses to Average Net Assets		0.32	%		0.35	%		0.37	%		0.39	%		0.40	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.32	%		0.36	%		0.38	%		0.37	%		0.40	%
Ratio of Net Investment Income to Average Net Assets		2.49	%		2.26	%		3.02	%		2.56	%		2.48	%
Portfolio Turnover Rate		6	%		13	%		8	%		4	%		4	%

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

See accompanying Notes to Financial Statements.

120

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	World Core Equity Portfolio															Selectively Hedged Global Equity Portfolio
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	16.29		$	16.42		$	15.40		$	16.06		$	13.14		$	16.21		$	16.54		$	15.71		$	16.52		$	13.67

Income from Investment Operations (A)
Net Investment Income (Loss)		0.34			0.29			0.35			0.31			0.29			0.33			0.28			0.35			0.31			0.29
Net Gains (Losses) on Securities (Realized and Unrealized)		6.27			(0.10	)		1.13			(0.64	)		2.98			6.21			(0.18	)		1.12			(0.66	)		2.98

Total from Investment Operations		6.61			0.19			1.48			(0.33	)		3.27			6.54			0.10			1.47			(0.35	)		3.27

Less Distributions:
Net Investment Income		(0.34	)		(0.29	)		(0.35	)		(0.30	)		(0.30	)		(0.20	)		(0.43	)		(0.44	)		(0.27	)		(0.30	)
Net Realized Gains		—			(0.03	)		(0.11	)		(0.03	)		(0.05	)		(0.20	)		—			(0.20	)		(0.19	)		(0.12	)

Total Distributions		(0.34	)		(0.32	)		(0.46	)		(0.33	)		(0.35	)		(0.40	)		(0.43	)		(0.64	)		(0.46	)		(0.42	)

Net Asset Value, End of Year	$	22.56		$	16.29		$	16.42		$	15.40		$	16.06		$	22.35		$	16.21		$	16.54		$	15.71		$	16.52

Total Return		40.75	%		1.25	%		9.94	%		(2.16	%)		25.14	%		40.81	%		0.47	%		10.10	%		(2.28	%)		24.54	%

Net Assets, End of Year (thousands)	$	1,088,714		$	769,602		$	879,553		$	741,512		$	546,891		$	348,707		$	288,509		$	375,832		$	403,195		$	402,204
Ratio of Expenses to Average Net Assets *(C)		0.28	%		0.32	%		0.33	%		0.35	%		0.35	%		0.32	%		0.36	%		0.37	%		0.34	%		0.35	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(C)		0.46	%		0.56	%		0.60	%		0.59	%		0.60	%		0.53	%		0.61	%		0.63	%		0.60	%		0.62	%
Ratio of Net Investment Income to Average Net Assets		1.64	%		1.81	%		2.23	%		1.89	%		1.95	%		1.60	%		1.78	%		2.25	%		1.87	%		1.90	%

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.22	%		0.25	%		0.27	%		0.27	%		0.28	%		0.25	%		0.28	%		0.30	%		0.29	%		0.29	%

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

See accompanying Notes to Financial Statements.

121

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Portfolio															Emerging Markets Small Cap Portfolio
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	27.64		$	27.56		$	25.46		$	29.55		$	24.12		$	19.67		$	20.07		$	18.72		$	23.49		$	20.39

Income from Investment Operations (A)
Net Investment Income (Loss)		0.74			0.55			0.73			0.61			0.49			0.52			0.41			0.48			0.53			0.49
Net Gains (Losses) on Securities (Realized and Unrealized)		5.32			0.07			2.05			(4.14	)		5.43			6.41			(0.24	)		1.87			(4.22	)		3.58

Total from Investment Operations		6.06			0.62			2.78			(3.53	)		5.92			6.93			0.17			2.35			(3.69	)		4.07

Less Distributions:
Net Investment Income		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(0.49	)		(0.57	)		(0.44	)		(0.46	)		(0.53	)		(0.51	)
Net Realized Gains		—			—			—			—			—			—			(0.13	)		(0.54	)		(0.55	)		(0.46	)

Total Distributions		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(0.49	)		(0.57	)		(0.57	)		(1.00	)		(1.08	)		(0.97	)

Net Asset Value, End of Year	$	33.05		$	27.64		$	27.56		$	25.46		$	29.55		$	26.03		$	19.67		$	20.07		$	18.72		$	23.49

Total Return		21.91	%		2.36	%		11.06	%		(12.14	%)		24.83	%		35.51	%		0.81	%		12.96	%		(16.45	%)		21.00	%

Net Assets, End of Year (thousands)	$	6,225,187		$	5,652,358		$	5,968,318		$	5,394,188		$	6,632,914		$	5,115,924		$	4,879,733		$	6,423,859		$	6,304,406		$	7,249,717
Ratio of Expenses to Average Net Assets (F)		0.39	%		0.44	%		0.48	%		0.47	%		0.50	%		0.63	%		0.69	%		0.72	%		0.70	%		0.73	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.49	%		0.54	%		0.58	%		0.57	%		0.60	%		0.83	%		0.89	%		0.92	%		0.90	%		0.93	%
Ratio of Net Investment Income to Average Net Assets		2.19	%		2.07	%		2.70	%		2.08	%		1.88	%		2.10	%		2.20	%		2.44	%		2.31	%		2.32	%

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

See accompanying Notes to Financial Statements.

122

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Value Portfolio-Class R2 Shares
	Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	23.78		$	27.16		$	26.64		$	30.13		$	24.71

Income from Investment Operations (A)
Net Investment Income (Loss)		0.82			0.59			0.63			0.63			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		7.45			(3.27	)		0.56			(3.48	)		5.60

Total from Investment Operations		8.27			(2.68	)		1.19			(2.85	)		5.91

Less Distributions:
Net Investment Income		(0.77	)		(0.70	)		(0.67	)		(0.64	)		(0.49	)

Total Distributions		(0.77	)		(0.70	)		(0.67	)		(0.64	)		(0.49	)

Net Asset Value, End of Year	$	31.28		$	23.78		$	27.16		$	26.64		$	30.13

Total Return		34.91	%		(9.98	%)		4.57	%		(9.66	%)		24.11	%

Net Assets, End of Year (thousands)	$	13,709		$	12,587		$	29,146		$	25,150		$	31,198
Ratio of Expenses to Average Net Assets (F)		0.74	%		0.77	%		0.81	%		0.80	%		0.81	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.84	%		0.87	%		0.91	%		0.90	%		0.91	%
Ratio of Net Investment Income to Average Net Assets		2.68	%		2.41	%		2.29	%		2.07	%		1.19	%

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

See accompanying Notes to Financial Statements.

123

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Value Portfolio-Institutional Class Shares
	Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	23.93		$	27.34		$	26.81		$	30.32		$	24.84

Income from Investment Operations (A)
Net Investment Income (Loss)		0.90			0.71			0.70			0.73			0.61
Net Gains (Losses) on Securities (Realized and Unrealized)		7.50			(3.35	)		0.57			(3.53	)		5.40

Total from Investment Operations		8.40			(2.64	)		1.27			(2.80	)		6.01

Less Distributions:
Net Investment Income		(0.85	)		(0.77	)		(0.74	)		(0.71	)		(0.53	)

Total Distributions		(0.85	)		(0.77	)		(0.74	)		(0.71	)		(0.53	)

Net Asset Value, End of Year	$	31.48		$	23.93		$	27.34		$	26.81		$	30.32

Total Return		35.24	%		(9.75	%)		4.83	%		(9.45	%)		24.41	%

Net Assets, End of Year (thousands)	$	13,258,001		$	12,596,902		$	17,161,936		$	16,431,410		$	19,383,230
Ratio of Expenses to Average Net Assets (F)		0.49	%		0.52	%		0.56	%		0.54	%		0.57	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.59	%		0.62	%		0.66	%		0.64	%		0.67	%
Ratio of Net Investment Income to Average Net Assets		2.92	%		2.87	%		2.54	%		2.37	%		2.23	%

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

See accompanying Notes to Financial Statements.

124

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Core Equity Portfolio															Emerging Markets Targeted Value Portfolio
																						Period
	Year			Year			Year			Year			Year			Year			Year			Nov 14,
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			2018 ʊ to
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019
Net Asset Value, Beginning of Year	$	20.34		$	20.59		$	18.95		$	22.38		$	18.40		$	9.71		$	10.43		$	10.00

Income from Investment Operations (A)
Net Investment Income (Loss)		0.57			0.43			0.53			0.50			0.42			0.28			0.21			0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		4.76			(0.22	)		1.64			(3.47	)		3.95			3.39			(0.59	)		0.20

Total from Investment Operations		5.33			0.21			2.17			(2.97	)		4.37			3.67			(0.38	)		0.44

Less Distributions:
Net Investment Income		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.39	)		(0.23	)		(0.23	)		(0.01	)
Net Realized Gains		—			—			—			—			—			(0.02	)		(0.11	)		—

Total Distributions		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.39	)		(0.25	)		(0.34	)		(0.01	)

Net Asset Value, End of Year	$	25.16		$	20.34		$	20.59		$	18.95		$	22.38		$	13.13		$	9.71		$	10.43

Total Return		26.19	%		1.13	%		11.61	%		(13.48	%)	��	24.02	%		38.29	%		(3.89	%)		4.38	%(B)

Net Assets, End of Year (thousands)	$	29,155,369		$	24,780,700		$	28,622,610		$	25,372,759		$	27,085,722		$	234,921		$	170,163		$	114,360
Ratio of Expenses to Average Net Assets		0.42	%		0.49	%		0.52	%		0.52	%		0.55	%		0.72	%		0.84	%		0.85	%(D)(E)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.42	%		0.50	%		0.53	%		0.52	%		0.56	%		0.72	%		0.87	%		0.95	%(D)(E)
Ratio of Net Investment Income to Average Net Assets		2.26	%		2.19	%		2.62	%		2.25	%		2.08	%		2.19	%		2.26	%		2.30	%(D)(E)
Portfolio Turnover Rate		10	%		15	%		4	%		4	%		4	%		29	%		34	%		12	%(B)

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

See accompanying Notes to Financial Statements.

125

DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO FINANCIAL STATEMENTS

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 one hundred operational portfolios, of which twenty-two (the “Portfolios”) are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

Of the Portfolios, seven invest all of their assets in a corresponding series or fund (each such Portfolio, a “Feeder Fund”). Of the Feeder Funds, six invest all of their assets in a corresponding series of The DFA Investment Trust Company (“DFAITC”) and one invests all of its assets in the Dimensional Emerging Markets Value Fund (“DEM”) (each such series within DFAITC and DEM, a “Master Fund”, treated as partnerships for federal income tax purposes). Six of the Portfolios generally allocate their assets among other funds managed by Dimensional Fund Advisors LP (each such Portfolio, a “Fund of Funds”). The Fund of Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The International Small Company Portfolio invests in five Master Funds within DFAITC. The Global Small Company Portfolio invests in six Master Funds within DFAITC and one underlying fund within the Fund (each such underlying fund within the Fund, an “Underlying Fund”). The DFA Global Real Estate Securities Portfolio invests in two Underlying Funds within the Fund and directly in securities. The World ex U.S. Value Portfolio invests in three Master/Underlying Funds within the Fund, DFAITC, and DEM. The World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio each invest in three Underlying Funds within the Fund. As of October 31, 2021, the following Portfolios were the owner of record of the following approximate percentages of the total outstanding shares of the following Master/Underlying Funds as detailed below:


		Percentage
		Ownership
Feeder Funds	Master/Underlying Funds	at 10/31/21
Japanese Small Company Portfolio	The Japanese Small Company Series		11	%
Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series		21	%
United Kingdom Small Company Portfolio	The United Kingdom Small Company Series		2	%
Continental Small Company Portfolio	The Continental Small Company Series		13	%
Emerging Markets Portfolio	The Emerging Markets Series		99	%
Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series		99	%
Emerging Markets Value Portfolio	Dimensional Emerging Markets Value Fund		98	%

		Percentage
		Ownership
Funds of Funds	Underlying Funds	at 10/31/21
International Small Company Portfolio	The Continental Small Company Series		87	%
	The Japanese Small Company Series		89	%
	The United Kingdom Small Company Series		97	%
	The Asia Pacific Small Company Series		79	%
	The Canadian Small Company Series		97	%

Global Small Company Portfolio	U.S. Small Cap Portfolio		—
	The Continental Small Company Series		—
	The Japanese Small Company Series		—
	The Asia Pacific Small Company Series		—

126


		Percentage
		Ownership
Funds of Funds	Underlying Funds	at 10/31/21
	The Canadian Small Company Series		—
	The Emerging Markets Small Cap Series		—
	The United Kingdom Small Company Series		—

DFA Global Real Estate Securities Portfolio*	DFA Real Estate Securities Portfolio		7	%
	DFA International Real Estate Securities Portfolio		61	%

World ex U.S. Value Portfolio	Dimensional Emerging Markets Value Fund		1	%
	DFA International Small Cap Value Portfolio		—
	The DFA International Value Series		2	%

World Core Equity Portfolio	U.S. Core Equity 1 Portfolio		2	%
	International Core Equity Portfolio		1	%
	Emerging Markets Core Equity Portfolio		—

Selectively Hedged Global Equity Portfolio	U.S. Core Equity 2 Portfolio		1	%
	International Core Equity Portfolio		—
	Emerging Markets Core Equity Portfolio		—

*	DFA Global Real Estate Securities Portfolio invests in two Underlying Funds as indicated and securities listed on its Summary Schedule of Investments.

To achieve its investment objective, each Feeder Fund and Fund of Funds invests substantially all of its assets in corresponding Master and/or Underlying Funds as indicated above. The DFA Global Real Estate Securities Portfolio may pursue its investment objective by investing its assets in its Underlying Funds and/or directly in securities of companies in the real estate industry. Each Feeder Fund and Fund of Funds also invests in short-term temporary cash investments and futures. In addition, each Fund of Funds may engage in forward currency contracts.

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

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. 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 fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

•

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

•

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

•

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

127

Securities held by Large Cap International Portfolio, International Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, World ex U.S. Core Equity Portfolio, Emerging Markets Core Equity Portfolio, International High Relative Profitability Portfolio and Emerging Markets Targeted Value Portfolio (the “International Equity Portfolios”), including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the International Equity Portfolios value the securities within the range of the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE). These securities are generally categorized as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the International Equity Portfolios’ shares (at the close of the NYSE), the International Equity Portfolios will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the International Equity Portfolios’ foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors 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 International Equity Portfolios uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. 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 of the Fund. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

128

Shares held by the Portfolios in other investment companies (such as the Master/Underlying Funds) are valued at their respective daily net asset values as reported by their administrator. The Feeder Funds’, International Small Company Portfolio’s, Global Small Company Portfolio’s and World ex U.S. Value Portfolio’s investments in series of either DFAITC or DEM reflect their proportionate interest in the net assets of such corresponding Master Fund(s). These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings/Schedule of Investments (except for the Feeder Funds). The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Portfolios whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolios enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Portfolios also enter into forward currency contracts for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked-to-market daily based on daily forward exchange rates.

The International Equity Portfolios do not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized. However, the Selectively Hedged Global Equity Portfolio does isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

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

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

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

129

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

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

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

The Feeder Funds, International Small Company Portfolio, Global Small Company Portfolio, and World ex U.S. Value Portfolio recognize their pro-rata shares of net investment income and realized and unrealized gains/losses on a daily basis from their respective Master Fund(s) within DFAITC or DEM, which are treated as partnerships for federal income tax purposes.

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

The Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Value Portfolio, World ex U.S. Core Portfolio, Emerging Markets Core Equity Portfolio and Emerging Markets Targeted Value Portfolio are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolios. For the year ended October 31, 2021, the Portfolios’ investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:


Large Cap International Portfolio	0.15	%*
International Core Equity Portfolio	0.21	%*
Global Small Company Portfolio	0.41	%*
International Small Company Portfolio	0.32	%*
Japanese Small Company Portfolio	0.42	%*
Asia Pacific Small Company Portfolio	0.42	%*
United Kingdom Small Company Portfolio	0.42	%*
Continental Small Company Portfolio	0.42	%*
DFA International Real Estate Securities Portfolio	0.24	%
DFA Global Real Estate Securities Portfolio	0.20	%

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DFA International Small Cap Value Portfolio	0.50	%*
International Vector Equity Portfolio	0.37	%*
International High Relative Profitability Portfolio	0.25	%
World ex U.S. Value Portfolio	0.39	%*
World ex U.S. Core Equity Portfolio	0.26	%*
World Core Equity Portfolio	0.23	%*
Selectively Hedged Global Equity Portfolio	0.25	%*
Emerging Markets Portfolio	0.32	%*
Emerging Markets Small Cap Portfolio	0.55	%*
Emerging Markets Value Portfolio	0.42	%*
Emerging Markets Core Equity Portfolio	0.36	%*
Emerging Markets Targeted Value Portfolio	0.56	%*

*	Effective as of February 28, 2021, the management fees payable by the following Portfolios were reduced as follows:


	Management Fee Prior to			Management Fee Effective
Portfolio	February 28, 2021			February 28, 2021
Large Cap International Portfolio		0.18	%		0.14	%
International Core Equity Portfolio		0.24	%		0.20	%
Global Small Company Portfolio		0.43	%		0.40	%
International Small Company Portfolio		0.38	%		0.30	%
Japanese Small Company Portfolio		0.47	%		0.40	%
Asia Pacific Small Company Portfolio		0.47	%		0.40	%
United Kingdom Small Company Portfolio		0.47	%		0.40	%
Continental Small Company Portfolio		0.47	%		0.40	%
DFA International Small Cap Value Portfolio		0.60	%		0.45	%
International Vector Equity Portfolio		0.42	%		0.35	%
World ex U.S. Value Portfolio		0.43	%		0.37	%
World ex U.S. Core Equity Portfolio		0.29	%		0.25	%
World Core Equity Portfolio		0.27	%		0.22	%
Selectively Hedged Global Equity Portfolio		0.28	%		0.24	%
Emerging Markets Portfolio		0.37	%		0.29	%
Emerging Markets Small Cap Portfolio		0.60	%		0.52	%
Emerging Markets Value Portfolio		0.45	%		0.41	%
Emerging Markets Core Equity Portfolio		0.42	%		0.33	%
Emerging Markets Targeted Value Portfolio		0.65	%		0.52	%

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-Feeder Funds, and a portion of the Fee Waiver Agreement for certain Feeder Funds below, will remain in effect through February 28, 2022, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Funds, as described in the notes below, will remain in effect permanently, unless terminated by a Feeder Fund. During the year ended October 31, 2021, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the year ended October 31, 2021, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of October 31, 2021, are also reflected below (amounts in thousands). At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee Limit listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee

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Limit that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total Management Fee Limit in place for the Portfolio. The Advisor, however, will not be reimbursed by a Feeder Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of a Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery. With respect to the World ex U.S. Value Portfolio, World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio, the Advisor shall also not be reimbursed for any management fees previously waived to offset a Portfolio’s proportionate share of the management fees paid by such Portfolio through its investment in other funds managed by the Advisor.


											Previously
							Recovery				Waived Fees/
	Expense			Total			of Previously		Waived Fees/		Expenses Assumed
	Limitation			Management			Waived Fees/		Expenses		Subject to Future
Institutional Class Shares	Amount			Fee Limit			Expenses Assumed		Assumed		Recovery
Large Cap International Portfolio (1)		0.24	%		—			—		—		—
International Core Equity Portfolio (1)		0.30	%		—		$	183		—		—
Global Small Company Portfolio (2)		0.47	%		—			31	$	221	$	530
International Small Company Portfolio (3)		0.45	%		—			—		—		—
Japanese Small Company Portfolio (4)		0.47	%		0.40	%		—		473		—
Asia Pacific Small Company Portfolio (4)		0.47	%		0.40	%		—		436		—
United Kingdom Small Company Portfolio (4)		0.47	%		0.40	%		57		54		42
Continental Small Company Portfolio (4)		0.47	%		0.40	%		—		769		—
DFA International Real Estate Securities Portfolio (1)		0.29	%		—			—		—		—
DFA Global Real Estate Securities Portfolio (5)		0.24	%		—			26		9,038		26,057
International Vector Equity Portfolio (1)		0.60	%		—			—		—		—
International High Relative Profitability Portfolio (2)		0.35	%		—			—		—		—
World ex U.S. Value Portfolio (6)		0.60	%		0.37	%		—		564		—
World ex U.S. Core Equity Portfolio (7)		0.39	%		—			—		—		—
World Core Equity Portfolio (8)		0.27	%		0.22	%		129		2,035		595
Selectively Hedged Global Equity Portfolio (9)		0.40	%		0.24	%		—		722		—
Emerging Markets Portfolio (10)		0.49	%		0.29	%		—		6,401		—
Emerging Markets Small Cap Portfolio (11)		—			0.52	%		—		10,859		—
Emerging Markets Value Portfolio (11)		—			0.41	%		—		14,397		—

132


											Previously
							Recovery				Waived Fees/
	Expense			Total			of Previously		Waived Fees/		Expenses Assumed
	Limitation			Management			Waived Fees/		Expenses		Subject to Future
Institutional Class Shares	Amount			Fee Limit			Expenses Assumed		Assumed		Recovery
Emerging Markets Core Equity Portfolio (1)		0.54	%		—			—		—		—
Emerging Markets Targeted Value Portfolio (2)		0.85	%		—		$	135		—		—
Class R2 Shares
Emerging Markets Value Portfolio (12)		0.96	%		0.41	%		—	$	15		—

(1)

The Advisor has contractually agreed to waive all or a portion of its management fee and assume each Portfolio’s ordinary operating expenses (excluding the expenses a Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”). The Fee Waiver Agreement for the Large Cap International Portfolio became effective on January 1, 2017. In addition, prior to January 1, 2017, the Advisor had contractually agreed to waive all or a portion of its management fee and assume each of the International Core Equity Portfolio’s and Emerging Markets Core Equity Portfolio’s Portfolio Expenses to the extent necessary to limit the Portfolio Expenses of each such Portfolio to 0.49% and 0.85%, respectively, as a percentage of average net assets on an annualized basis.

(2)

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

(3)

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

(4)

Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by each Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.40% of the average net assets of a class of a Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.47%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.50%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of each Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each class of a Portfolio to the rates listed above as a percentage of the average net assets of a class of a Portfolio on an annualized basis (the “Expense Limitation Amount”).

(5)

The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series and its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of the Portfolio’s average net assets on an annualized basis (the “Expense Limitation Amount”).

(6)

Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.37% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the Total Management Fee Limit ). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.43%. Prior to February 28, 2020, the Total Management Fee Limit was 0.47%. In addition, under the Fee Waiver Agreement, the Advisor also has agreed to waive all or a portion of the management fee that remains payable by the Portfolio (i.e., the management fee remaining after the proportionate share of the Master/Underlying Funds’ management fees have been offset (the “Remaining Management Fee”)) to the extent necessary to reduce the Portfolio’s ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) to the rate listed above as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”). The maximum amount that may be waived to limit Portfolio Expenses is the amount of the Remaining Management Fee.

(7)

The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/ Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through its investment of its securities lending cash collateral in the Money Market Series and its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(8)

Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.22% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series

133

(including the Portfolio’s proportionate share of any management fees that a Master/Underlying Fund paid through its investment in an affiliated cash management fund) (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.27%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of a class of the Portfolio so that such Portfolio Expenses do not exceed the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”). From February 28, 2019 to February 27, 2021, the Expense Limitation Amount was 0.32% of the average net assets of such class of the Portfolio on an annualized basis. From June 27, 2014 to February 27, 2019, the Expense Limitation Amount was 0.35% of the average net assets of such class of the Portfolio on an annualized basis.

(9)

Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.24% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.28%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(10)

Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.29% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.37%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.42%. Effective January 1, 2017, in addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(11)

Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by a Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund (the “Money Market Series”), to the rate listed above as a percentage of the average net assets of a class of a Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limits for the Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio were 0.60% and 0.45%, respectively. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limits for the Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio were 0.65% and 0.50%, respectively.

(12)

Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.41% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.45%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.50%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to assume the direct expenses of the Class R2 shares of the Portfolio (excluding management fees and custodian fees) to the extent necessary to limit the annualized expenses of the Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above as a percentage of the average net assets of the Class R2 shares of the Portfolio (the “Annualized Expense Ratio”).

Earned Income Credit:

Additionally, Portfolios have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolios’ custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Portfolio’s net assets. During the year ended October 31, 2021, expenses reduced were as follows (amounts in thousands):


	Fees Paid
	Indirectly
Large Cap International Portfolio	$	15
International Core Equity Portfolio		245
Global Small Company Portfolio		—
DFA International Real Estate Securities Portfolio		219
DFA Global Real Estate Securities Portfolio		3
DFA International Small Cap Value Portfolio		46

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	Fees Paid Indirectly
International Vector Equity Portfolio	$	5
International High Relative Profitability Portfolio		11
World ex U.S. Value Portfolio		—
World ex U.S. Core Equity Portfolio		9
Selectively Hedged Global Equity Portfolio		1
Emerging Markets Core Equity Portfolio		148
Emerging Markets Targeted Value Portfolio		2

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the year ended October 31, 2021, the total related amount paid by the Fund to the CCO was $133 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

D. Deferred Compensation:

As of October 31, 2021, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):


Large Cap International Portfolio	$	131
International Core Equity Portfolio		560
Global Small Company Portfolio		1
International Small Company Portfolio		349
Japanese Small Company Portfolio		15
Asia Pacific Small Company Portfolio		11
United Kingdom Small Company Portfolio		1
Continental Small Company Portfolio		12
DFA International Real Estate Securities Portfolio		113
DFA Global Real Estate Securities Portfolio		140
DFA International Small Cap Value Portfolio		443
International Vector Equity Portfolio		58
International High Relative Profitability Portfolio		15
World ex U.S. Value Portfolio		5
World ex U.S. Core Equity Portfolio		49
World Core Equity Portfolio		11
Selectively Hedged Global Equity Portfolio		6
Emerging Markets Portfolio		171
Emerging Markets Small Cap Portfolio		149
Emerging Markets Value Portfolio		575
Emerging Markets Core Equity Portfolio		562
Emerging Markets Targeted Value Portfolio		2

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E. Purchases and Sales of Securities:

For the year ended October 31, 2021, the Portfolios’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (amounts in thousands), were as follows:


	Purchases		Sales
Large Cap International Portfolio	$	760,745	$	920,316
International Core Equity Portfolio	$	3,297,695	$	2,389,163
DFA International Real Estate Securities Portfolio	$	479,799	$	465,185
DFA Global Real Estate Securities Portfolio	$	444,129	$	44,271
DFA International Small Cap Value Portfolio	$	1,790,234	$	2,589,583
International Vector Equity Portfolio	$	504,971	$	561,230
International High Relative Profitability Portfolio	$	557,166	$	286,057
World ex U.S. Core Equity Portfolio	$	224,877	$	367,855
Emerging Markets Core Equity Portfolio	$	2,983,183	$	4,376,483
Emerging Markets Targeted Value Portfolio	$	68,912	$	65,297

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

For the year ended October 31, 2021, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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


	Balance at October 31, 2020		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2021		Shares as of October 31, 2021		Dividend Income		Capital Gain Distributions
Large Cap International Portfolio
The DFA Short Term Investment Fund	$	174,366	$	1,590,749	$	1,463,971	$	(10	)	$	(9	)	$	301,125		26,026	$	147		—

Total	$	174,366	$	1,590,749	$	1,463,971	$	(10	)	$	(9	)	$	301,125		26,026	$	147		—

International Core Equity Portfolio
The DFA Short Term Investment Fund	$	1,094,988	$	6,232,681	$	5,732,569	$	(21	)	$	(71	)	$	1,595,008		137,857	$	901		—

Total	$	1,094,988	$	6,232,681	$	5,732,569	$	(21	)	$	(71	)	$	1,595,008		137,857	$	901		—

Global Small Company Portfolio
U.S. Small Cap Portfolio	$	24,896	$	23,482	$	4,842	$	336		$	14,525		$	58,397		1,204	$	505		—

Total	$	24,896	$	23,482	$	4,842	$	336		$	14,525		$	58,397		1,204	$	505		—

DFA International Real Estate Securities Portfolio
The DFA Short Term Investment Fund	$	379,347	$	3,575,577	$	3,644,333	$	(43	)	$	(2	)	$	310,546		26,841	$	197		—

Total	$	379,347	$	3,575,577	$	3,644,333	$	(43	)	$	(2	)	$	310,546		26,841	$	197		—

136


	Balance at October 31, 2020		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2021		Shares as of October 31, 2021		Dividend Income		Capital Gain Distributions
DFA Global Real Estate Securities Portfolio
DFA International Real Estate Securities Portfolio	$	2,587,797	$	364,344	$	151,100	$	(26,491	)	$	892,154		$	3,666,704		727,521		—		—
DFA Real Estate Securities Portfolio		720,976		—		174,066		87,490			205,211			839,611		17,170	$	21,150	$	1,045
The DFA Short Term Investment Fund		72,156		789,441		644,538		(7	)		(7	)		217,045		18,759		64		—

Total	$	3,380,929	$	1,153,785	$	969,704	$	60,992		$	1,097,358		$	4,723,360		763,450	$	21,214	$	1,045

DFA International Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	419,762	$	1,651,783	$	1,687,928	$	(1	)	$	(25	)	$	383,591		33,154	$	241		—

Total	$	419,762	$	1,651,783	$	1,687,928	$	(1	)	$	(25	)	$	383,591		33,154	$	241		—

International Vector Equity Portfolio
The DFA Short Term Investment Fund	$	123,777	$	653,553	$	634,327	$	(7	)	$	(8	)	$	142,988		12,359	$	94		—

Total	$	123,777	$	653,553	$	634,327	$	(7	)	$	(8	)	$	142,988		12,359	$	94		—

International High Relative Profitability Portfolio
The DFA Short Term Investment Fund	$	48,097	$	751,910	$	703,703	$	(6	)	$	(2	)	$	96,296		8,323		—		—

Total	$	48,097	$	751,910	$	703,703	$	(6	)	$	(2	)	$	96,296		8,323		—		—

World ex U.S. Value Portfolio
DFA International Small Cap Value Portfolio	$	18,901	$	7,152	$	6,799	$	252		$	7,908		$	27,414		1,238	$	549		—

Total	$	18,901	$	7,152	$	6,799	$	252		$	7,908		$	27,414		1,238	$	549		—

World ex U.S. Core Equity Portfolio
The DFA Short Term Investment Fund	$	119,096	$	626,628	$	601,163	$	(2	)	$	(5	)	$	144,554		12,494	$	87		—

Total	$	119,096	$	626,628	$	601,163	$	(2	)	$	(5	)	$	144,554		12,494	$	87		—

137


	Balance at October 31, 2020		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2021		Shares as of October 31, 2021		Dividend Income		Capital Gain Distributions
World Core Equity Portfolio
U.S. Core Equity 1 Portfolio	$	436,142	$	78,579	$	60,974	$	8,638		$	180,788		$	643,173		17,743	$	7,321		—
International Core Equity Portfolio		230,682		45,577		41,748		1,241			79,766			315,518		19,310		7,024		—
Emerging Markets Core Equity Portfolio		102,184		20,360		15,550		673			23,393			131,060		5,209		2,586		—

Total	$	769,008	$	144,516	$	118,272	$	10,552		$	283,947		$	1,089,751		42,262	$	16,931		—

Selectively Hedged Global Equity Portfolio
U.S. Core Equity 2 Portfolio	$	147,786	$	14,404	$	37,969	$	9,881		$	53,077		$	187,179		5,645	$	2,172		—
International Core Equity Portfolio		79,764		9,174		22,426		3,250			24,158			93,920		5,748		2,181		—
Emerging Markets Core Equity Portfolio		57,734		10,596		19,407		2,480			11,453			62,856		2,498		1,285		—

Total	$	285,284	$	34,174	$	79,802	$	15,611		$	88,688		$	343,955		13,891	$	5,638		—

Emerging Markets Core Equity Portfolio
The DFA Short Term Investment Fund	$	447,352	$	2,246,309	$	2,168,935	$	(14	)	$	(32	)	$	524,680		45,348	$	353		—

Total	$	447,352	$	2,246,309	$	2,168,935	$	(14	)	$	(32	)	$	524,680		45,348	$	353		—

Emerging Markets Targeted Value Portfolio
The DFA Short Term Investment Fund	$	2,037	$	23,447	$	22,414		—			—		$	3,070		265		—		—

Total	$	2,037	$	23,447	$	22,414		—			—		$	3,070		265		—		—

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 that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2021, can occur as a result of realized gains on securities considered to be “passive foreign investment companies,” non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

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The tax character of dividends and distributions declared and paid during the years ended October 31, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
Large Cap International Portfolio
2020	$	119,035		—		—	$	119,035
2021		144,492		—		—		144,492
International Core Equity Portfolio
2020		616,813		—		—		616,813
2021		761,635		—		—		761,635
Global Small Company Portfolio
2020		627		—		—		627
2021		727		—		—		727
International Small Company Portfolio
2020		251,539	$	278,423		—		529,962
2021		220,133		—		—		220,133
Japanese Small Company Portfolio
2020		14,224		9,019		—		23,243
2021		10,581		—		—		10,581
Asia Pacific Small Company Portfolio
2020		14,178		—		—		14,178
2021		12,808		—		—		12,808
United Kingdom Small Company Portfolio
2020		969		1,478		—		2,447
2021		588		—		—		588
Continental Small Company Portfolio
2020		8,902		—		—		8,902
2021		13,462		—		—		13,462
DFA International Real Estate Securities Portfolio
2020		717,271		—		—		717,271
2021		—		—		—		—
DFA Global Real Estate Securities Portfolio
2020		509,001		90,019		—		599,020
2021		153,865		33,088		—		186,953
DFA International Small Cap Value Portfolio
2020		224,481		206,468		—		430,949
2021		258,254		—		—		258,254
International Vector Equity Portfolio
2020		57,641		—		—		57,641
2021		74,200		—		—		74,200
International High Relative Profitability Portfolio
2020		18,018		—		—		18,018
2021		43,180		—		—		43,180

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	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
World ex U.S. Value Portfolio
2020	$	6,579		—		—	$	6,579
2021		8,755		—		—		8,755
World ex U.S. Core Equity Portfolio
2020		75,535		—		—		75,535
2021		98,429		—		—		98,429
World Core Equity Portfolio
2020		14,888	$	1,549		—		16,437
2021		16,210		—		—		16,210
Selectively Hedged Global Equity Portfolio
2020		9,635		—		—		9,635
2021		3,648		3,286		—		6,934
Emerging Markets Portfolio
2020		118,156		—		—		118,156
2021		122,695		—		—		122,695
Emerging Markets Small Cap Portfolio
2020		129,179		41,749		—		170,928
2021		128,503		—		—		128,503
Emerging Markets Value Portfolio
2020		442,052		—		—		442,052
2021		382,292		—		—		382,292
Emerging Markets Core Equity Portfolio
2020		585,760		—		—		585,760
2021		590,306		—		—		590,306
Emerging Markets Targeted Value Portfolio
2020		3,854		21		—		3,875
2021		4,500		—		—		4,500

As of October 31, 2021, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
Large Cap International Portfolio	$	(6,059	)		—		$	(6,059	)
International Core Equity Portfolio		(40,609	)		—			(40,609	)
Global Small Company Portfolio		(165	)	$	(59	)		(224	)
International Small Company Portfolio		(43,307	)		(45,638	)		(88,945	)
Japanese Small Company Portfolio		(1,060	)		(1,545	)		(2,605	)
Asia Pacific Small Company Portfolio		(1,655	)		(2,324	)		(3,979	)
United Kingdom Small Company Portfolio		(111	)		(88	)		(199	)
Continental Small Company Portfolio		(356	)		—			(356	)
DFA International Real Estate Securities Portfolio		(6,036	)		—			(6,036	)

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	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
DFA Global Real Estate Securities Portfolio	$	(8,798	)		—		$	(8,798	)
DFA International Small Cap Value Portfolio		(32,335	)		—			(32,335	)
International Vector Equity Portfolio		(8,670	)		—			(8,670	)
International High Relative Profitability Portfolio		(2,917	)		—			(2,917	)
World ex U.S. Value Portfolio		—			—			—
World ex U.S. Core Equity Portfolio		(4,928	)		—			(4,928	)
World Core Equity Portfolio		(300	)	$	(797	)		(1,097	)
Selectively Hedged Global Equity Portfolio		(740	)		(1,080	)		(1,820	)
Emerging Markets Portfolio		(14,565	)		(31,396	)		(45,961	)
Emerging Markets Small Cap Portfolio		(23,056	)		(15,794	)		(38,850	)
Emerging Markets Value Portfolio		(51,755	)		—			(51,755	)
Emerging Markets Core Equity Portfolio		(47,544	)		—			(47,544	)
Emerging Markets Targeted Value Portfolio		(1,223	)		(2,056	)		(3,279	)

As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):


	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)		Total Net Distributable Earnings (Accumulated Losses)
Large Cap International Portfolio	$	40,692		—	$	(384,020	)	$	2,009,082	$	1,665,754
International Core Equity Portfolio		306,366		—		(1,265,730	)		9,065,458		8,106,094
Global Small Company Portfolio		1,302	$	1,952		—			19,576		22,830
International Small Company Portfolio		306,340		367,879		—			2,939,662		3,613,881
Japanese Small Company Portfolio		8,625		9,423		—			71,540		89,588
Asia Pacific Small Company Portfolio		13,486		26,996		—			46,304		86,786
United Kingdom Small Company Portfolio		609		742		—			4,745		6,096
Continental Small Company Portfolio		10,051		13,197		—			230,638		253,886
DFA International Real Estate Securities Portfolio		448,351		—		(537,282	)		12,844		(76,087	)
DFA Global Real Estate Securities Portfolio		50,047		96,158		—			2,417,397		2,563,602
DFA International Small Cap Value Portfolio		284,171		38,835		—			2,128,251		2,451,257
International Vector Equity Portfolio		39,502		68,984		—			943,294		1,051,780
International High Relative Profitability Portfolio		10,940		10,953		—			489,184		511,077
World ex U.S. Value Portfolio		3,321		—		(9,885	)		45,894		39,330
World ex U.S. Core Equity Portfolio		23,587		—		(100,475	)		978,330		901,442
World Core Equity Portfolio		—		8,329		—			385,030		393,359
Selectively Hedged Global Equity Portfolio		5,390		13,787		—			148,706		167,883
Emerging Markets Portfolio		21,567		214,849		—			2,444,325		2,680,741
Emerging Markets Small Cap Portfolio		155,079		93,645		—			1,020,899		1,269,623

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	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)		Total Net Distributable Earnings (Accumulated Losses)
Emerging Markets Value Portfolio	$	181,485		—	$	(1,710,597	)	$	2,636,910	$	1,107,798
Emerging Markets Core Equity Portfolio		182,437		—		(2,148,189	)		8,909,426		6,943,674
Emerging Markets Targeted Value Portfolio		10,796	$	10,941		—			42,666		64,403

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, 2021, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):


	Unlimited		Total
Large Cap International Portfolio	$	384,020	$	384,020
International Core Equity Portfolio		1,265,730		1,265,730
Global Small Company Portfolio		—		—
International Small Company Portfolio		—		—
Japanese Small Company Portfolio		—		—
Asia Pacific Small Company Portfolio		—		—
United Kingdom Small Company Portfolio		—		—
Continental Small Company Portfolio		—		—
DFA International Real Estate Securities Portfolio		537,282		537,282
DFA Global Real Estate Securities Portfolio		—		—
DFA International Small Cap Value Portfolio		—		—
International Vector Equity Portfolio		—		—
International High Relative Profitability Portfolio		—		—
World ex U.S. Value Portfolio		9,885		9,885
World ex U.S. Core Equity Portfolio		100,475		100,475
World Core Equity Portfolio		—		—
Selectively Hedged Global Equity Portfolio		—		—
Emerging Markets Portfolio		—		—
Emerging Markets Small Cap Portfolio		—		—
Emerging Markets Value Portfolio		1,710,597		1,710,597
Emerging Markets Core Equity Portfolio		2,148,189		2,148,189
Emerging Markets Targeted Value Portfolio		—		—

During the year ended October 31, 2021, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):


Large Cap International Portfolio	$	101,782
International Core Equity Portfolio		272,686
Global Small Company Portfolio		254
International Small Company Portfolio		311,522
Japanese Small Company Portfolio		4,708
Asia Pacific Small Company Portfolio		17,670
United Kingdom Small Company Portfolio		55

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Continental Small Company Portfolio	$	27,023
DFA International Small Cap Value Portfolio		427,289
International Vector Equity Portfolio		117,093
International High Relative Profitability Portfolio		26,305
World ex U.S. Value Portfolio		7,883
World ex U.S. Core Equity Portfolio		29,244
World Core Equity Portfolio		1,459
Emerging Markets Portfolio		149,571
Emerging Markets Small Cap Portfolio		395,108
Emerging Markets Value Portfolio		637,239
Emerging Markets Core Equity Portfolio		591,832

As of October 31, 2021, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Large Cap International Portfolio	$	4,242,557	$	2,159,880	$	(150,672	)	$	2,009,208
International Core Equity Portfolio		26,675,979		11,314,807		(2,252,592	)		9,062,215
Global Small Company Portfolio		80,911		18,156		—			18,156
International Small Company Portfolio		10,531,261		2,939,914		—			2,939,914
Japanese Small Company Portfolio		308,348		71,613		—			71,613
Asia Pacific Small Company Portfolio		335,341		46,308		—			46,308
United Kingdom Small Company Portfolio		39,419		8,087		(3,346	)		4,741
Continental Small Company Portfolio		532,505		230,638		—			230,638
DFA International Real Estate Securities Portfolio		6,194,326		713,130		(699,671	)		13,459
DFA Global Real Estate Securities Portfolio		8,328,063		2,648,735		(231,337	)		2,417,398
DFA International Small Cap Value Portfolio		10,858,361		3,179,833		(1,052,322	)		2,127,511
International Vector Equity Portfolio		2,874,292		1,143,997		(200,605	)		943,392
International High Relative Profitability Portfolio		1,781,068		535,677		(46,497	)		489,180
World ex U.S. Value Portfolio		262,198		46,383		—			46,383
World ex U.S. Core Equity Portfolio		3,203,619		1,289,404		(308,898	)		980,506
World Core Equity Portfolio		704,721		385,030		—			385,030
Selectively Hedged Global Equity Portfolio		195,268		148,706		—			148,706
Emerging Markets Portfolio		3,739,638		2,490,152		—			2,490,152
Emerging Markets Small Cap Portfolio		4,058,588		1,058,119		—			1,058,119
Emerging Markets Value Portfolio		10,486,707		2,707,721		—			2,707,721
Emerging Markets Core Equity Portfolio		20,475,039		11,573,568		(2,498,617	)		9,074,951
Emerging Markets Targeted Value Portfolio		192,272		55,915		(11,757	)		44,158

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolios’ tax positions and has concluded that no additional provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

143

G. Capital Share Transactions:

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


	Year Ended						Year Ended
	October 31, 2021						October 31, 2020
	Amount			Shares			Amount			Shares
Emerging Markets Value Portfolio
Class R2 Shares
Shares Issued	$	1,397			45		$	3,669			151
Shares Issued in Lieu of Cash Distributions		349			12			570			22
Shares Redeemed		(4,468	)		(148	)		(16,724	)		(717	)

Net Increase (Decrease) — Class R2 Shares	$	(2,722	)		(91	)	$	(12,485	)		(544	)

Institutional Class Shares
Shares Issued	$	1,801,928			58,072		$	3,019,595			131,537
Shares Issued in Lieu of Cash Distributions		368,063			12,127			425,160			16,845
Shares Redeemed		(5,470,382	)		(175,490	)		(5,831,173	)		(249,652	)

Net Increase (Decrease) — Institutional Class Shares	$	(3,300,391	)		(105,291	)	$	(2,386,418	)		(101,270	)

H. Financial Instruments:

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

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

Portfolios that have significant exposure to certain countries, such as the United Kingdom Small Company Portfolio’s Master Fund that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom’s (UK) exit from the EU (referred to as “Brexit”). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Portfolios, during this period and beyond, the impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Portfolios’ investments.

Derivative Financial Instruments:

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

144

2. Forward Currency Contracts: The Portfolios listed below may acquire and sell forward currency contracts to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk) or to transfer balances from one currency to another currency. The Selectively Hedged Global Equity Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Selectively Hedged Global Equity Portfolio’s currency exposure with respect to a foreign market will be based primarily on the Portfolio’s existing exposure to a given foreign currency. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

3. Futures Contracts: Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Selectively Hedged Global Equity Portfolio may also use futures contracts to hedge some or all of the currency exposure of its foreign securities. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

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

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2021 was as follows (amounts in thousands):


	Forward Currency Contracts*		��	Futures**
Large Cap International Portfolio	$	—		$	48,340
International Core Equity Portfolio		—			266,565
Global Small Company Portfolio		—			146
International Small Company Portfolio		—			86,184
DFA International Real Estate Securities Portfolio		—			39,583
DFA International Small Cap Value Portfolio		—			115,129
International Vector Equity Portfolio		—			1,640
International High Relative Profitability Portfolio		—			4,911
World ex U.S. Core Equity Portfolio		—			28,420
Selectively Hedged Global Equity Portfolio		107,658			4,064
Emerging Markets Core Equity Portfolio		—			226,591

145


	Forward Currency Contracts*		Futures**
Emerging Markets Targeted Value Portfolio	$	—	$	1,700

*	Average amount of Currency Purchased/Sold in USD

**	Average Notional Value of futures contracts

The following is a summary of the Portfolios’ derivative instrument holdings categorized by primary risk exposure as of October 31, 2021 (amounts in thousands):


	Asset Derivatives Value
	Total Value at October 31, 2021		Forward Currency Contracts (1)		Equity *Contracts,(2)**
Large Cap International Portfolio	$	1,633		—	$	1,633
International Core Equity Portfolio		9,003		—		9,003
International Small Company Portfolio		2,141		—		2,141
DFA International Real Estate Securities Portfolio		1,410		—		1,410
DFA International Small Cap Value Portfolio		4,502		—		4,502
International Vector Equity Portfolio		826		—		826
World ex U.S. Core Equity Portfolio		1,034		—		1,034
Selectively Hedged Global Equity Portfolio		838	$	736		102
Emerging Markets Core Equity Portfolio		8,055		—		8,055
Emerging Markets Targeted Value Portfolio		54		—		54


	Liability Derivatives Value
	Total Value			Forward
	at			Currency
	October 31, 2021			Contracts (3)
Selectively Hedged Global Equity Portfolio	$	(389	)	$	(389	)

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

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

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Portfolios’ derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2021 (amounts in thousands):


	Realized Gain (Loss) on
	Derivatives
			Forward
			Currency		Equity
	Total		Contracts (1)		Contracts (2)
Large Cap International Portfolio	$	14,606		—	$	14,606
International Core Equity Portfolio		79,338		—		79,338

146


	Realized Gain (Loss) on
	Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
Global Small Company Portfolio	$	35			—	$	35	*
International Small Company Portfolio		26,350			—		26,350
DFA International Real Estate Securities Portfolio		13,260			—		13,260
DFA Global Real Estate Securities Portfolio		1,671			—		1,671	*
DFA International Small Cap Value Portfolio		26,234			—		26,234
International Vector Equity Portfolio		(437	)		—		(437	)
International High Relative Profitability Portfolio		2,062			—		2,062
World ex U.S. Core Equity Portfolio		8,882			—		8,882
World Core Equity Portfolio		(18	)		—		(18	)*
Selectively Hedged Global Equity Portfolio		1,941		$	694		1,247
Emerging Markets Core Equity Portfolio		67,395			—		67,395
Emerging Markets Targeted Value Portfolio		348			—		348


	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total		Forward Currency Contracts (3)		Equity Contracts (4)
Large Cap International Portfolio	$	2,380		—	$	2,380
International Core Equity Portfolio		10,863		—		10,863
International Small Company Portfolio		3,416		—		3,416
DFA International Real Estate Securities Portfolio		3,086		—		3,086
DFA International Small Cap Value Portfolio		9,695		—		9,695
International Vector Equity Portfolio		826		—		826
International High Relative Profitability Portfolio		145		—		145
World ex U.S. Core Equity Portfolio		1,632		—		1,632
Selectively Hedged Global Equity Portfolio		317	$	121		196
Emerging Markets Core Equity Portfolio		15,950		—		15,950
Emerging Markets Targeted Value Portfolio		67		—		67

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

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

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

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

*	As of October 31, 2021, there were no futures contracts outstanding. During the year ended October 31, 2021, the Portfolio had limited activity in futures contracts.

Offsetting of Derivative Assets and Derivative Liabilities

In order to better define its contractual rights and to secure rights that will help a Portfolio mitigate its counterparty risk, the Fund on behalf of applicable Portfolios entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund, on behalf of a Portfolio, and a counterparty that governs over-the-counter (OTC) derivatives and forward currency contracts and

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typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, a Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

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

The following table presents the Portfolios’ gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolios as of October 31, 2021 (amounts in thousands):


	Gross Amounts of Recognized Assets (a)		Net Amounts of Assets Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities					Net Amount (c)		Gross Amounts of Recognized Liabilities (a)		Net Amounts of Liabilities Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities					Net Amount (e)
Description	Gross Amounts of Recognized Assets (a)				Financial Instruments (b)			Cash Collateral Received		Net Amount (c)		Gross Amounts of Recognized Liabilities (a)				Financial Instruments (d)			Cash Collateral Pledged		Net Amount (e)
	Assets											Liabilities
Selectively Hedged Global Equity Portfolio
UBSAG		—		—		—			—		—	$	11	$	11		—			—	$	11
Citibank NA		—		—		—			—		—		29		29		—			—		29
Bank of America Corp.	$	535	$	535		—			—	$	535		—		—		—			—		—
State Street Bank and Trust		167		167	$	(1	)		—		166		1		1	$	(1	)		—		—
HSBC Bank		—		—		—			—		—		267		267		—			—		267
Goldman Sachs International		15		15		—			—		15		—		—		—			—		—
Barclays Capital		—		—		—			—		—		23		23		—			—		23
Australia & New Zealand Banking Group Ltd.		—		—		—			—		—		56		56		—			—		56
JP Morgan		17		17		—			—		17		—		—		—			—		—
Morgan Stanley and Co. International		2		2		(2	)		—		—		2		2		(2	)		—		—

Total	$	736	$	736	$	(3	)		—	$	733	$	389	$	389	$	(3	)		—	$	386

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

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

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

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

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

I. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 7, 2021, with its domestic custodian bank. A line of credit with similar terms was in effect through April 7, 2021. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 6, 2022.

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The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective January 2, 2021. A line of credit with similar terms was in effect through January 2, 2021. 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 $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on January 1, 2022.

For the year ended October 31, 2021, borrowings by the following Portfolios under the lines of credit were as follows (amounts in thousands, except percentages and days):


	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding*		Interest Expense Incurred		Maximum Amount Borrowed During the Period		Outstanding Borrowings as of 10/31/2021
Large Cap International Portfolio		0.83	%	$	2,206		10	$	1	$	16,289		—
Global Small Company Portfolio		0.83	%		258		35		—		2,031		—
International Small Company Portfolio		0.83	%		4,651		5		1		15,443		—
DFA International Real Estate Securities Portfolio		0.84	%		2,495		14		1		14,265		—
DFA Global Real Estate Securities Portfolio		0.83	%		4,695		9		1		11,900		—
DFA International Small Cap Value Portfolio		0.83	%		5,235		9		1		11,048		—
International Vector Equity Portfolio		0.83	%		1,137		13		—		7,344		—
International High Relative Profitability Portfolio		0.81	%		19,903		1		—		19,903		—
World ex U.S. Value Portfolio		0.83	%		638		41		1		9,903		—
World ex U.S. Core Equity Portfolio		0.83	%		2,422		14		1		7,282		—
World Core Equity Portfolio		0.83	%		897		55		1		6,573	$	142
Selectively Hedged Global Equity Portfolio		0.83	%		4,360		2		—		4,401		—
Emerging Markets Core Equity Portfolio		0.84	%		11,679		2		1		22,991		—
Emerging Markets Targeted Value Portfolio		0.84	%		4,266		16		2		7,233		—

*	Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2021, that each Portfolio’s available line of credit was used.

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

For the year ended October 31, 2021, activity by the Portfolios under the interfund lending program was as follows (amounts in thousands, except percentages and days):

Borrower or

Lender

Weighted
Average
Interest Rate

Weighted
Average Loan
Balance

Number of
Days
Outstanding*

Interest
Expense/
Income

Maximum Amount
Borrowed/Loaned
During the Period

Outstanding
Borrowings
as of 10/31/2021

Emerging Markets Core Equity Portfolio

Borrower

0.44

—

*	Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2021 that the Portfolio utilized the interfund lending program.

J. Affiliated Trades:

Cross trades for the year ended October 31, 2021, if any, were executed by the Portfolios pursuant to procedures adopted by the Board of Directors of the Fund to ensure compliance with Rule 17a-7 under the Investment Company Act of 1940 (the “1940 Act”). Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board of Directors of the Fund.

For the year ended October 31, 2021, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):


Portfolio	Purchases		Sales		Realized Gain (Loss)
Large Cap International Portfolio	$	180,663	$	60,935	$	(8,996	)
International Core Equity Portfolio		167,844		149,445		(11,095	)
DFA Global Real Estate Securities Portfolio		36,687		137		11
DFA International Small Cap Value Portfolio		81,551		233,303		55,507
International Vector Equity Portfolio		24,237		45,657		10,045
International High Relative Profitability Portfolio		80,493		33,215		873
World ex U.S. Core Equity Portfolio		9,977		19,866		(2,408	)
Emerging Markets Core Equity Portfolio		5,509		3,612		299
Emerging Markets Targeted Value Portfolio		292		1,418		100

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K. Securities Lending:

As of October 31, 2021, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. The Portfolios also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):


	Non-Cash Collateral Market Value
Large Cap International Portfolio	$	55,186
International Core Equity Portfolio		314,556
DFA International Real Estate Securities Portfolio		16,995
DFA International Small Cap Value Portfolio		86,568
International Vector Equity Portfolio		49,380
International High Relative Profitability Portfolio		10,536
World ex U.S. Core Equity Portfolio		67,744
Emerging Markets Core Equity Portfolio		1,231,666
Emerging Markets Targeted Value Portfolio		7,426

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

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in the Money Market Series, an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

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The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of October 31, 2021 (amounts in thousands):


	Remaining Contractual Maturity of the Agreements As of October 31, 2021
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions Large Cap International Portfolio
Common Stocks	$	301,155		—		—		—	$	301,155
International Core Equity Portfolio
Common Stocks, Rights/Warrants		1,595,091		—		—		—		1,595,091
DFA International Real Estate Securities Portfolio
Common Stocks		310,621		—		—		—		310,621
DFA Global Real Estate Securities Portfolio
Common Stocks		217,101		—		—		—		217,101
DFA International Small Cap Value Portfolio
Common Stocks		383,569		—		—		—		383,569
International Vector Equity Portfolio
Common Stocks, Rights/Warrants		142,982		—		—		—		142,982
International High Relative Profitability Portfolio
Common Stocks		96,300		—		—		—		96,300
World ex U.S. Core Equity Portfolio
Common Stocks		144,566		—		—		—		144,566
Emerging Markets Core Equity Portfolio
Common Stocks		524,700		—		—		—		524,700
Emerging Markets Targeted Value Portfolio
Common Stocks		3,070		—		—		—		3,070

L. Shareholder Servicing Fees:

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

M. Indemnitees; Contractual Obligations:

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

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

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N. Recently Issued Accounting Standards and Regulations:

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

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Portfolios could enter, eliminate the asset segregation framework currently used by the Portfolios to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Portfolios are required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Portfolios.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the Investment Company Act of 1940, establishing an updated regulatory framework for fund valuation. The Valuation Rule, in part, provides a framework for good faith fair value determination and permits a Board to designate fair value determinations to a fund’s investment adviser. Further, the SEC is rescinding previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021, with a compliance date of September 8, 2022. Management is currently evaluating the Valuation Rule and its effect on the Portfolios.

O. Coronavirus (COVID-19) Pandemic:

The ongoing outbreak of the novel coronavirus, COVID-19, has resulted, at times, in market closures, market volatility, liquidity constraints and increased trading costs. Efforts to contain the spread of COVID-19 have resulted in global travel restrictions and disruptions of healthcare systems, business operations and supply chains, layoffs, reduced consumer demand, defaults and credit rating downgrades, and other significant economic impacts. The effects of COVID-19 have impacted global economic activity and may heighten pre-existing political, social and economic risks, domestically or globally. The full impact of the COVID-19 pandemic is unpredictable and may adversely affect a Portfolio’s performance.

P. Other:

As of October 31, 2021, the following number of shareholders held the following approximate percentages of the Portfolios’ outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.


	Number of Shareholders		Approximate Percentage of Outstanding Shares
Large Cap International Portfolio-Institutional Class		4		72	%
International Core Equity Portfolio-Institutional Class		4		72	%
Global Small Company Portfolio-Institutional Class		4		95	%
International Small Company Portfolio-Institutional Class		4		76	%
Japanese Small Company Portfolio-Institutional Class		3		87	%
Asia Pacific Small Company Portfolio-Institutional Class		2		92	%
United Kingdom Small Company Portfolio-Institutional Class		4		94	%
Continental Small Company Portfolio-Institutional Class		2		91	%
DFA International Real Estate Securities Portfolio-Institutional Class		4		93	%
DFA Global Real Estate Securities Portfolio-Institutional Class		3		68	%
DFA International Small Cap Value Portfolio-Institutional Class		4		75	%
International Vector Equity Portfolio-Institutional Class		3		84	%

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	Number of Shareholders		Approximate Percentage of Outstanding Shares
International High Relative Profitability Portfolio-Institutional Class		3		90	%
World ex U.S. Value Portfolio-Institutional Class		6		90	%
World ex U.S. Core Equity Portfolio-Institutional Class		3		74	%
World Core Equity Portfolio-Institutional Class		5		85	%
Selectively Hedged Global Equity Portfolio-Institutional Class		3		91	%
Emerging Markets Portfolio-Institutional Class		3		63	%
Emerging Markets Small Cap Portfolio-Institutional Class		4		65	%
Emerging Markets Value Portfolio-Class R2		1		96	%
Emerging Markets Value Portfolio-Institutional Class		2		40	%
Emerging Markets Core Equity Portfolio-Institutional Class		3		65	%
Emerging Markets Targeted Value Portfolio-Institutional Class		3		91	%

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

On June 3, 2021, President Biden issued an Executive Order titled ”Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China” (the “Order”). Effective on August 2, 2021, the Order restricts investment in certain companies identified as “Chinese Military Industrial Complex Companies” (CMICs) by the Office of Foreign Asset Control, an agency of the Department of Treasury and the Department of Defense. As of July 27, 2021, the Portfolios have divested of all publicly traded securities identified as CMIC’s listed in the Order.

Q. Subsequent Event Evaluations:

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

154

Report of Independent Registered Public Accounting Firm

To the Board of Directors of DFA Investment Dimensions Group Inc. and Shareholders of each of Large Cap International Portfolio, International Core Equity Portfolio, Global Small Company Portfolio, International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, International High Relative Profitability Portfolio, World ex U.S. Value Portfolio, World ex U.S. Core Equity Portfolio, World Core Equity Portfolio, Selectively Hedged Global Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Value Portfolio, Emerging Markets Core Equity Portfolio and Emerging Markets Targeted Value Portfolio

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings of Large Cap International Portfolio, International Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, International High Relative Profitability Portfolio, World ex U.S. Core Equity Portfolio, Emerging Markets Core Equity Portfolio and Emerging Markets Targeted Value Portfolio and schedules of investments of Global Small Company Portfolio, International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, World ex U.S. Value Portfolio, World Core Equity Portfolio, Selectively Hedged Global Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio (twenty-two of the portfolios constituting DFA Investment Dimensions Group Inc., hereafter collectively referred to as the “Portfolios”) as of October 31, 2021, the related statements of operations for the year ended October 31, 2021, the statements of changes in net assets for each of the two years in the period ended October 31, 2021, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Portfolios as of October 31, 2021, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2021, and each of the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinions

These financial statements are the responsibility of the Portfolios’ management. Our responsibility is to express an opinion on the Portfolios’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolios in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2021 by correspondence with the custodians, brokers and transfer agents of the investee funds; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

155

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 22, 2021

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

156

DIMENSIONAL INVESTMENT GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

DFA International Value Portfolio — Class R2 vs.

MSCI World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

DFA International Value Portfolio — Institutional Class vs.

MSCI World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

157

MANAGEMENT’S DISCUSSION AND ANALYSIS


International Equity Market Review		12 Months Ended October 31, 2021


12 Months Ended October 31, 2021

	Return in U.S. Dollars
MSCI World ex USA Index		35.59	%
MSCI World ex USA Mid Cap Index		31.20	%
MSCI World ex USA Small Cap Index		37.19	%
MSCI World ex USA Value Index		40.88	%
MSCI World ex USA Growth Index		30.25	%


12 Months Ended October 31, 2021

Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		30.75	%		19.88	%
United Kingdom		35.57	%		43.72	%
Canada		38.56	%		49.05	%
France		48.30	%		47.33	%
Switzerland		28.36	%		28.75	%
Germany		33.47	%		32.60	%
Australia		27.93	%		36.82	%
Netherlands		60.71	%		59.67	%
Sweden		40.26	%		45.36	%
Hong Kong		18.26	%		17.91	%

158


12 Months Ended October 31, 2021

	Return in U.S. Dollars
MSCI Emerging Markets Index		16.96	%
MSCI Emerging Markets Mid Cap Index		31.20	%
MSCI Emerging Markets Small Cap Index		44.29	%
MSCI Emerging Markets Value Index		28.31	%
MSCI Emerging Markets Growth Index		7.38	%


12 Months Ended October 31, 2021

Ten Largest Emerging Markets by Market Cap	Local Return			Return in U.S.
Dollars
China		-9.52	%		-9.21	%
Taiwan		38.36	%		42.32	%
Korea		27.78	%		24.08	%
India		51.78	%		50.21	%
Russia		64.53	%		81.80	%
Brazil		10.38	%		12.91	%
Saudi Arabia		56.07	%		56.04	%
South Africa		18.16	%		26.32	%
Mexico		42.35	%		47.44	%
Thailand		34.75	%		26.57	%

DFA International Value Portfolio

The DFA International Value Portfolio invests in developed ex U.S. large company value stocks by purchasing shares of the DFA International Value Series, a Master Fund managed by Dimensional that invests in such securities. The investment strategy is process driven, emphasizing broad diversification, with increased exposure to stocks with smaller total market capitalizations, lower relative price (value), and higher-profitability within the large-cap value segment of developed ex U.S. markets. As of October 31, 2021, the Master Fund held approximately 510 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

159

For the 12 months ended October 31, 2021, total returns were 50.55% for the Portfolio’s Class R2 shares, 50.90% for the Portfolio’s Institutional Class shares, and 35.59% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks for the period, the Master Fund’s focus on value stocks contributed positively to performance relative to the style-neutral benchmark.

160

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

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

161

DISCLOSURE OF FUND EXPENSES

CONTINUED

Six Months Ended October 31, 2021

EXPENSE TABLE


	Beginning		Ending					Expenses
	Account		Account		Annualized			Paid
	Value		Value		Expense			During
	05/01/21		10/31/21		Ratio (1)			Period (1)
DFA International Value Portfolio (2)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	1,056.00		0.60	%	$	3.11
Institutional Class Shares	$	1,000.00	$	1,057.20		0.36	%	$	1.87
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,022.18		0.60	%	$	3.06
Institutional Class Shares	$	1,000.00	$	1,023.39		0.36	%	$	1.84

(1)

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

162

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional Investment Group Inc. filed its most recent Form N-PORT with the SEC on September 24, 2021. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

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

FEEDER FUND


	Affiliated Investment Company
DFA International Value Portfolio		100.0	%

163

DFA INTERNATIONAL VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2021


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	8,316,979,479

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	8,316,979,479

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2021, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

164

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

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


	DFA
	International
	Value Portfolio
ASSETS:
Investments in Affiliated Investment Company at Value	$	8,316,979
Receivables:
Fund Shares Sold		2,639
Prepaid Expenses and Other Assets		56

Total Assets		8,319,674

LIABILITIES:
Payables:
Fund Shares Redeemed		3,955
Due to Advisor		705
Accrued Expenses and Other Liabilities		781

Total Liabilities		5,441

NET ASSETS	$	8,314,233

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $1,753 and shares outstanding of 88,780	$	19.74

NUMBER OF SHARES AUTHORIZED		100,000,000

Institutional Class Shares — based on net assets of $8,312,480 and shares outstanding of 419,860,628	$	19.80

NUMBER OF SHARES AUTHORIZED		1,500,000,000

NET ASSETS CONSIST OF:
Paid-In Capital	$	7,198,087
Total Distributable Earnings (Loss)		1,116,146

NET ASSETS	$	8,314,233

See accompanying Notes to Financial Statements.

165

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	DFA
	International
	Value Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $28,683)	$	301,702
Income from Securities Lending		2,931
Expenses Allocated from Affiliated Investment Companies		(17,844	)

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		286,789

Fund Expenses
Investment Management Fees		25,884
Accounting & Transfer Agent Fees		1,157
Shareholder Servicing Fees Class R2 Shares		3
Filing Fees		187
Shareholders’ Reports		172
Directors’/Trustees’ Fees & Expenses		89
Professional Fees		33
Other		45

Total Fund Expenses		27,570

Fees Waived, Expenses Reimbursed by Advisor (Note C)
Class R2 Shares		3
Institutional Class Shares		16,403

Net Expenses		11,164

Net Investment Income (Loss)		275,625

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		377,980
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		2,522,431

Net Realized and Unrealized Gain (Loss)		2,900,411

Net Increase (Decrease) in Net Assets Resulting from Operations	$	3,176,036

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

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

See accompanying Notes to Financial Statements.

166

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	DFA International Value Portfolio***
	Year			Year
	Ended			Ended
	Oct 31,			Oct 31,
	2021			2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	275,625		$	198,052
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company,*		377,980			(316,959	)
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		2,522,431			(1,563,162	)

Net Increase (Decrease) in Net Assets Resulting from Operations		3,176,036			(1,682,069	)

Distributions:
Class R2 Shares		(43	)		(29	)
Institutional Class Shares		(258,413	)		(226,414	)

Total Distributions		(258,456	)		(226,443	)

Capital Share Transactions (1):
Shares Issued		1,043,206			2,636,246
Shares Issued in Lieu of Cash Distributions		254,720			222,167
Shares Redeemed		(2,459,596	)		(3,566,247	)

Net Increase (Decrease) from Capital Share Transactions		(1,161,670	)		(707,834	)

Total Increase (Decrease) in Net Assets		1,755,910			(2,616,346	)
Net Assets
Beginning of Year		6,558,323			9,174,669

End of Year	$	8,314,233		$	6,558,323

(1) Shares Issued and Redeemed:
Shares Issued		56,340			194,702
Shares Issued in Lieu of Cash Distributions		13,672			14,542
Shares Redeemed		(134,474	)		(258,909	)

Net Increase (Decrease) from Shares Issued and Redeemed		(64,462	)		(49,665	)

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0.

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

See accompanying Notes to Financial Statements.

167

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Value Portfolio-Class R2 Shares
	Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	13.50		$	17.13		$	17.68		$	19.89		$	16.27
Income from Investment Operations (A)
Net Investment Income (Loss)		0.62			0.38			0.58			0.54			0.55
Net Gains (Losses) on Securities (Realized and Unrealized)		6.17			(3.61	)		(0.10	)		(2.21	)		3.61

Total from Investment Operations		6.79			(3.23	)		0.48			(1.67	)		4.16

Less Distributions:
Net Investment Income		(0.55	)		(0.40	)		(0.51	)		(0.54	)		(0.54	)
Net Realized Gains		—			—			(0.52	)		—			—

Total Distributions		(0.55	)		(0.40	)		(1.03	)		(0.54	)		(0.54	)

Net Asset Value, End of Year	$	19.74		$	13.50		$	17.13		$	17.68		$	19.89

Total Return		50.55	%		(19.08	%)		3.13	%		(8.59	%)		25.99	%

Net Assets, End of Year (thousands)	$	1,753		$	835		$	1,191		$	1,477		$	3,508
Ratio of Expenses to Average Net Assets (F)		0.60	%		0.65	%		0.69	%		0.68	%		0.68	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.80	%		0.85	%		0.89	%		0.88	%		0.88	%
Ratio of Net Investment Income to Average Net Assets		3.31	%		2.56	%		3.43	%		2.72	%		3.07	%

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

See accompanying Notes to Financial Statements.

168

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Value Portfolio-Institutional Class Shares
	Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017
Net Asset Value, Beginning of Year	$	13.54		$	17.18		$	17.74		$	19.94		$	16.30

Income from Investment Operations (A)
Net Investment Income (Loss)		0.62			0.38			0.63			0.60			0.56
Net Gains (Losses) on Securities (Realized and Unrealized)		6.23			(3.58	)		(0.11	)		(2.21	)		3.66

Total from Investment Operations		6.85			(3.20	)		0.52			(1.61	)		4.22

Less Distributions:
Net Investment Income		(0.59	)		(0.44	)		(0.56	)		(0.59	)		(0.58	)
Net Realized Gains		—			—			(0.52	)		—			—

Total Distributions		(0.59	)		(0.44	)		(1.08	)		(0.59	)		(0.58	)

Net Asset Value, End of Year	$	19.80		$	13.54		$	17.18		$	17.74		$	19.94

Total Return		50.90	%		(18.87	%)		3.37	%		(8.32	%)		26.36	%

Net Assets, End of Year (thousands)	$	8,312,480		$	6,557,488		$	9,173,478		$	9,421,965		$	9,837,631
Ratio of Expenses to Average Net Assets (F)		0.36	%		0.40	%		0.44	%		0.43	%		0.43	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.56	%		0.60	%		0.64	%		0.63	%		0.63	%
Ratio of Net Investment Income to Average Net Assets		3.36	%		2.57	%		3.70	%		3.01	%		3.12	%

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

See accompanying Notes to Financial Statements.

169

DIMENSIONAL INVESTMENT GROUP INC.

NOTES TO FINANCIAL STATEMENTS

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 eleven portfolios, one of which, the DFA International Value Portfolio (the “Portfolio”), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

The Portfolio invests substantially all of its assets in The DFA International Value Series (the “Series”), a corresponding series of The DFA Investment Trust Company. As of October 31, 2021, the Portfolio owned 68% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

•

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

•

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

•

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

The Portfolio’s investment reflects its proportionate interests in the net assets of the Series. The valuation is classified as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

170

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

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 gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or the Portfolio are allocated using methods approved by the Board of Directors, generally based on average net assets.

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

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolio. For the year ended October 31, 2021, the Portfolio’s investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:


DFA International Value Portfolio			0.32	%*

*	Effective as of February 28, 2021, the management fee payable by the Portfolio was reduced from 0.35% to 0.30%.

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. A portion of the Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2022, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Portfolio, as described in the notes below, will remain in effect permanently, unless terminated by the Portfolio. During the year ended October 31, 2021, the Portfolio had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the year ended October 31, 2021, and the previously waived fees/expenses assumed subject to future recovery by the

171

Advisor as of October 31, 2021, are also reflected below (amounts in thousands). At any time that the Annualized Expense Ratio (defined below) of the Class R2 shares of the Portfolio are less than the Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Advisor, however, will not be reimbursed by the Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

Previously

Recovery

Waived Fees/

Expense

Total

of Previously

Waived Fees/

Expenses Assumed

Limitation

Management

Waived Fees/

Expenses

Subject to Future

Institutional Class Shares

Amount

Fee Limit

Expenses Assumed

Assumed

Recovery

DFA International Value Portfolio (1)

—

0.30

—

16,403

—

Class R2 Shares

DFA International Value Portfolio (2)

0.79

0.30

—

(1)

(2)

Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the DFA International Value Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund, to 0.30% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.35%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.40%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed (including for the time period prior to July 21, 2015) to assume the direct expenses of Class R2 shares of the Portfolio (excluding management fees and custodian fees), to the extent necessary to limit the annualized expenses of Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above (the “Annualized Expense Ratio”).

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the year ended October 31, 2021, the total related amounts paid by the Fund to the CCO were $14 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

As of October 31, 2021, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):


DFA International Value Portfolio		$	282

172

E. Federal Income Taxes:

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

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 that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2021, can occur as a result of realized gains on securities considered to be “passive foreign investment companies”, net foreign currency gains/losses, and foreign capital gains tax reclass, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA International Value Portfolio
2020	$	226,443		—		—	$	226,443
2021		258,456		—		—		258,456


	Net Investment
	Income and
	Short-Term			Long-Term
	Capital Gains			Capital Gains		Total
DFA International Value Portfolio	$	(2,374	)		—	$	(2,374	)

As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

Undistributed

Total Net

Net Investment

Distributable

Income and

Undistributed

Unrealized

Earnings

Short-Term

Long-Term

Appreciation

(Accumulated

Capital Gains

(Depreciation)

Losses)

DFA International Value Portfolio

109,693

—

1,006,924

1,116,617

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, 2021, the Portfolio did not have capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2021, the Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):


DFA International Value Portfolio		$	349,633

173


								Net
								Unrealized
	Federal		Unrealized		Unrealized			Appreciation
	Tax Cost		Appreciation		(Depreciation)			(Depreciation)
DFA International Value Portfolio	$	7,309,852	$	1,128,895	$	(121,757	)	$	1,007,138

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolio’s tax positions and has concluded that no additional provision for income tax is required in the Portfolio’s financial statements. The Portfolio is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio’s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

F. Capital Share Transactions:

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


	Year Ended						Year Ended
	October 31, 2021						October 31, 2020
	Amount			Shares			Amount			Shares
DFA International Value Portfolio
Class R2 Shares
Shares Issued	$	1,954			104		$	354			23
Shares Issued in Lieu of Cash Distributions		43			2			29			2
Shares Redeemed		(1,495	)		(80	)		(473	)		(32	)

Net Increase (Decrease) — Class R2 Shares	$	502			26		$	(90	)		(7	)

Institutional Class Shares
Shares Issued	$	1,041,251			56,236		$	2,635,892			194,679
Shares Issued in Lieu of Cash Distributions		254,677			13,670			222,138			14,540
Shares Redeemed		(2,458,101	)		(134,394	)		(3,565,774	)		(258,877	)

Net Increase (Decrease) — Institutional Class Shares	$	(1,162,173	)		(64,488	)	$	(707,744	)		(49,658	)

G. Shareholder Servicing Fees:

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.

174

I. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Portfolio could enter, eliminate the asset segregation framework currently used by the Portfolio to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Portfolio is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Portfolio.

J. Coronavirus (COVID-19) Pandemic:

K. Other:

As of October 31, 2021, the following number of shareholders held the following approximate percentages of the Portfolio’s outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.


			Approximate
			Percentage
	Number of		of Outstanding
	Shareholders		Shares
DFA International Value Portfolio-Class R2		5		94	%
DFA International Value Portfolio-Institutional Class		3		65	%

175

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

On June 3, 2021, President Biden issued an Executive Order titled ”Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China” (the “Order”). Effective on August 2, 2021, the Order restricts investment in certain companies identified as “Chinese Military Industrial Complex Companies” (CMICs) by the Office of Foreign Asset Control, an agency of the Department of Treasury and the Department of Defense. As of July 27, 2021, the Series have divested of all publicly traded securities identified as CMIC’s listed in the Order.

L. Subsequent Event Evaluations:

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

176

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Dimensional Investment Group Inc. and Shareholders of DFA International Value Portfolio

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of DFA International Value Portfolio (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the “Portfolio”) as of October 31, 2021, the related statement of operations for the year ended October 31, 2021, the statement of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2021 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Portfolio as of October 31, 2021, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2021 and the financial highlights for each of the five years in the period ended October 31, 2021 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Portfolio’s management. Our responsibility is to express an opinion on the Portfolio’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolio in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of the security owned as of October 31, 2021 by correspondence with the transfer agent of the investee fund. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 22, 2021

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

177

THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The DFA International Value Series vs.

MSCI World ex USA Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The Japanese Small Company Series vs.

MSCI Japan Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

178

THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The Asia Pacific Small Company Series vs.

MSCI Pacific ex Japan Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The United Kingdom Small Company Series vs.

MSCI United Kingdom Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

179

THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The Continental Small Company Series vs.

MSCI Europe ex UK Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The Canadian Small Company Series vs.

MSCI Canada Small Cap Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

180

THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The Emerging Markets Series vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The Emerging Markets Small Cap Series vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2011-October 31, 2021

Past performance is not predictive of future performance.

The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

181

MANAGEMENT’S DISCUSSION AND ANALYSIS


International Equity Market Review		12 Months Ended October 31, 2021

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI World ex USA Index		35.59	%
MSCI World ex USA Mid Cap Index		31.20	%
MSCI World ex USA Small Cap Index		37.19	%
MSCI World ex USA Value Index		40.88	%
MSCI World ex USA Growth Index		30.25	%

12 Months Ended October 31, 2021


Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		30.75	%		19.88	%
United Kingdom		35.57	%		43.72	%
Canada		38.56	%		49.05	%
France		48.30	%		47.33	%
Switzerland		28.36	%		28.75	%
Germany		33.47	%		32.60	%
Australia		27.93	%		36.82	%
Netherlands		60.71	%		59.67	%
Sweden		40.26	%		45.36	%
Hong Kong		18.26	%		17.91	%

182

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI Emerging Markets Index		16.96	%
MSCI Emerging Markets Mid Cap Index		31.20	%
MSCI Emerging Markets Small Cap Index		44.29	%
MSCI Emerging Markets Value Index		28.31	%
MSCI Emerging Markets Growth Index		7.38	%

12 Months Ended October 31, 2021


Ten Largest Emerging Markets by Market Cap Dollars	Local Return			Return in U.S.
China		-9.52	%		-9.21	%
Taiwan		38.36	%		42.32	%
Korea		27.78	%		24.08	%
India		51.78	%		50.21	%
Russia		64.53	%		81.80	%
Brazil		10.38	%		12.91	%
Saudi Arabia		56.07	%		56.04	%
South Africa		18.16	%		26.32	%
Mexico		42.35	%		47.44	%
Thailand		34.75	%		26.57	%

The DFA International Value Series

The DFA International Value Series invests in developed ex U.S. large company value stocks. The investment strategy is process driven, emphasizing broad diversification, with increased exposure to stocks with smaller total market capitalizations, lower relative price (value), and higher-profitability within the large-cap value segment of developed ex U.S. markets. As of October 31, 2021, the Series held approximately 510 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Series’ assets.

183

For the 12 months ended October 31, 2021, total returns were 51.09% for the Series and 35.59% for the MSCI World ex USA Index (net dividends), the Series’ benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks for the period, the Series’ focus on value stocks contributed positively to performance relative to the style-neutral benchmark.

The Japanese Small Company Series

The Japanese Small Company Series invests in Japanese small company stocks. The Series generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Series generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Series held approximately 1,820 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2021, total returns were 13.08% for the Series and 13.18% for the MSCI Japan Small Cap Index (net dividends), the Series’ benchmark. The Series’ greater emphasis on stocks with smaller market capitalizations detracted from performance relative to the benchmark, as these stocks underperformed. The Series’ exclusion of real estate investment trusts (REITs) also detracted from relative performance, as REITs generally outperformed. Conversely, the Series’ exclusion of stocks with the lowest profitability and highest relative price contributed positively to performance relative to the benchmark, as did the Series’ exclusion of stocks with high asset growth, as those stocks underperformed.

The Asia Pacific Small Company Series

The Asia Pacific Small Company Series invests in small company stocks in Australia, Hong Kong, New Zealand, and Singapore. The Series generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Series generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Series held approximately 830 securities in 4 eligible countries. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2021, total returns were 38.31% for the Series and 34.27% for the MSCI Pacific ex Japan Small Cap Index (net dividends), the Series’ benchmark. The Series’ emphasis on stocks with smaller market capitalizations, particularly in Australia, contributed positively to relative performance, as larger stocks held by the index underperformed. The Series’ exclusion of real estate investment trusts (REITs) also contributed positively to relative performance, as REITs generally underperformed.

The United Kingdom Small Company Series

The United Kingdom Small Company Series invests in small company stocks in the U.K. The Series generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Series generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Series held approximately 330 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

184

For the 12 months ended October 31, 2021, total returns were 51.93% for the Series and 45.72% for the MSCI United Kingdom Small Cap Index (net dividends), the Series’ benchmark. The Series’ greater emphasis on stocks with smaller market capitalizations contributed positively to performance relative to the benchmark, as these stocks outperformed. The Series’ exclusion of stocks with the lowest profitability and highest relative price also contributed positively to relative performance, as those securities underperformed for the period.

The Continental Small Company Series

The Continental Small Company Series invests in small company stocks in the developed markets of Europe (excluding the U.K.) and Israel. The Series generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Series generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Series held approximately 1,160 securities in 15 eligible countries. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2021, total returns were 51.24% for the Series and 49.80% for the MSCI Europe ex U.K. Small Cap Index (net dividends), the Series’ benchmark. The Series’ exclusion of stocks with the lowest profitability and highest relative price contributed positively to relative performance, as did the Series’ exclusion of stocks with high asset growth, as those securities underperformed for the year. Additionally, the Series’ exclusion of real estate investment trusts (REITs) contributed positively to relative performance, as REITs generally underperformed.

The Canadian Small Company Series

The Canadian Small Company Series invests in small company stocks in Canada. The Series generally excludes stocks with the lowest profitability and highest relative price. The Series also generally excludes certain companies with high asset growth. The investment strategy is process-driven, emphasizing broad diversification. As of October 31, 2021, the Series held approximately 330 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2021, total returns were 59.72% for the Series and 53.21% for the MSCI Canada Small Cap Index (net dividends), the Series’ benchmark. The Series’ exclusion of stocks with the lowest profitability and highest relative price contributed positively to performance relative to the benchmark, as did the Series’ exclusion of stocks with high asset growth, as those securities underperformed for the period. The Series’ greater emphasis on stocks with smaller market capitalizations also contributed positively to performance relative to the benchmark, as these stocks outperformed.

The Emerging Markets Series

The Emerging Markets Series invests in large-cap stocks in emerging markets. The investment strategy is process driven, emphasizing broad diversification with increased exposure to stocks with smaller market capitalizations, lower relative price (value), and higher- profitability within the large-cap segment of emerging markets. As of October 31, 2021, the Series held approximately 1,720 securities in 24 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Series’ assets.

185

For the 12 months ended October 31, 2021, total returns were 22.22% for the Series and 16.96% for the MSCI Emerging Markets Index (net dividends), the Series’ benchmark. The Series’ greater emphasis on low relative price (value) stocks contributed positively to performance relative to the benchmark, as value stocks outperformed high relative price (growth) stocks in emerging markets for the period. The Series’ greater allocation to stocks with smaller market capitalizations within the large cap universe also contributed positively to relative performance, as these stocks outperformed their larger counterparts in emerging markets. The Portfolio’s emphasis on stocks with higher profitability also contributed positively to performance relative to the benchmark, as these stocks generally outperformed.

The Emerging Markets Small Cap Series

The Emerging Markets Small Cap Series invests in small company stocks in emerging markets. The Series generally excludes stocks with the lowest profitability and highest relative price. Additionally, the Series generally excludes certain companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2021, the Series held approximately 4,960 securities in 21 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2021, total returns were 36.03% for the Series and 16.96% for the MSCI Emerging Markets Index (net dividends), the Series’ benchmark. With small-cap stocks outperforming large-cap stocks in emerging markets, the Series’ inclusion of stocks with smaller market capitalizations contributed positively to performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks.

186

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2021

EXPENSE TABLES


	Beginning		Ending					Expenses
	Account		Account		Annualized			Paid
	Value		Value		Expense			During
	05/01/21		10/31/21		Ratio (1)			Period (1)
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	1,058.40		0.22	%	$	1.14
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.10		0.22	%	$	1.12
The Japanese Small Company Series
Actual Fund Return	$	1,000.00	$	1,017.20		0.12	%	$	0.61
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.12	%	$	0.61

187

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning		Ending					Expenses
	Account		Account		Annualized			Paid
	Value		Value		Expense			During
	05/01/21		10/31/21		Ratio (1)			Period (1)
The Asia Pacific Small Company Series
Actual Fund Return	$	1,000.00	$	1,042.30		0.12	%	$	0.62
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.12	%	$	0.61
The United Kingdom Small Company Series
Actual Fund Return	$	1,000.00	$	1,017.60		0.12	%	$	0.61
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.12	%	$	0.61
The Continental Small Company Series
Actual Fund Return	$	1,000.00	$	1,058.70		0.12	%	$	0.62
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.12	%	$	0.61
The Canadian Small Company Series
Actual Fund Return	$	1,000.00	$	1,098.50		0.12	%	$	0.63
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.12	%	$	0.61
The Emerging Markets Series
Actual Fund Return	$	1,000.00	$	964.10		0.15	%	$	0.74
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.45		0.15	%	$	0.77
The Emerging Markets Small Cap Series
Actual Fund Return	$	1,000.00	$	1,008.40		0.27	%	$	1.37
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.84		0.27	%	$	1.38

(1)

188

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For The DFA Investment Trust Company, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. The DFA Investment Trust Company filed its most recent Form N-PORT with the SEC on September 24, 2021 (September 27, 2021 with respect to The United Kingdom Small Company Series). They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

INTERNATIONAL EQUITY PORTFOLIOS


The DFA International Value Series
Communication Services	4.8	%
Consumer Discretionary	14.7	%
Consumer Staples	4.5	%
Energy	12.6	%
Financials	30.7	%
Health Care	4.9	%
Industrials	11.3	%
Information Technology	0.9	%
Materials	11.8	%
Real Estate	2.3	%
Utilities	1.5	%

	100.0	%


The Japanese Small Company Series
Communication Services	3.1	%
Consumer Discretionary	14.4	%
Consumer Staples	7.3	%
Energy	1.0	%
Financials	8.4	%
Health Care	4.5	%
Industrials	30.5	%
Information Technology	15.5	%
Materials	12.1	%
Real Estate	1.7	%
Utilities	1.5	%

	100.0	%


The Asia Pacific Small Company Series
Communication Services	6.4	%
Consumer Discretionary	17.9	%
Consumer Staples	8.0	%
Energy	3.4	%
Financials	12.4	%
Health Care	6.0	%
Industrials	12.0	%
Information Technology	9.2	%
Materials	14.3	%
Real Estate	6.4	%
Utilities	4.0	%

	100.0	%

189

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED


The United Kingdom Small Company Series
Communication Services	3.8	%
Consumer Discretionary	20.0	%
Consumer Staples	6.8	%
Energy	2.3	%
Financials	16.7	%
Health Care	3.2	%
Industrials	25.8	%
Information Technology	8.6	%
Materials	6.6	%
Real Estate	3.7	%
Utilities	2.5	%
Utilities	2.5	%

	100.0	%


The Continental Small Company Series
Communication Services	4.3	%
Consumer Discretionary	10.3	%
Consumer Staples	4.0	%
Energy	2.4	%
Financials	13.9	%
Health Care	6.8	%
Industrials	27.9	%
Information Technology	11.2	%
Materials	8.4	%
Real Estate	6.5	%
Utilities	4.3	%

	100.0	%


The Canadian Small Company Series
Communication Services	1.4	%
Consumer Discretionary	6.3	%
Consumer Staples	5.2	%
Energy	20.3	%
Financials	11.5	%
Health Care	1.5	%
Industrials	12.3	%
Information Technology	3.2	%
Materials	24.6	%
Real Estate	4.2	%
Utilities	9.5	%

	100.0	%


The Emerging Markets Series
Communication Services	9.5	%
Consumer Discretionary	12.1	%
Consumer Staples	6.7	%
Energy	4.7	%
Financials	19.4	%
Health Care	4.0	%
Industrials	6.7	%
Information Technology	20.7	%
Materials	11.0	%
Real Estate	2.6	%
Utilities	2.6	%

	100.0	%


The Emerging Markets Small Cap Series
Communication Services	4.4	%
Consumer Discretionary	13.1	%
Consumer Staples	6.7	%
Energy	2.0	%
Financials	8.6	%
Health Care	7.5	%
Industrials	15.5	%
Information Technology	16.5	%
Materials	13.8	%
Real Estate	6.9	%
Utilities	5.0	%

	100.0	%

190

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (94.7%)
AUSTRALIA — (6.0%)
	Australia & New Zealand Banking Group Ltd.		6,888,410	$	146,588,595		1.2	%
	National Australia Bank Ltd.		4,975,285		108,172,523		0.9	%
	Westpac Banking Corp.		8,060,284		156,813,850		1.3	%
	Other Securities				342,062,377		2.7	%

TOTAL AUSTRALIA					753,637,345		6.1	%

AUSTRIA — (0.0%)
	Other Securities				1,511,840		0.0	%

BELGIUM — (0.7%)
	Other Securities				84,789,324		0.7	%

CANADA — (9.4%)
#	Bank of Montreal		180,174		19,562,040		0.2	%
	Bank of Montreal		1,448,818		157,211,241		1.3	%
	Bank of Nova Scotia		495,702		32,499,402		0.3	%
	Bank of Nova Scotia		1,698,160		111,331,370		0.9	%
#	Canadian Imperial Bank of Commerce		907,318		110,093,685		0.9	%
	Canadian Imperial Bank of Commerce		248,491		30,132,019		0.3	%
	Canadian Natural Resources Ltd.		489,228		20,792,981		0.2	%
	Canadian Natural Resources Ltd.		3,476,035		147,766,248		1.2	%
	Other Securities				557,468,956		4.3	%

TOTAL CANADA					1,186,857,942		9.6	%

DENMARK — (2.2%)
	DSV AS		309,306		71,888,035		0.6	%
#	Vestas Wind Systems AS		1,973,579		85,317,056		0.7	%
	Other Securities				116,222,387		0.9	%

TOTAL DENMARK					273,427,478		2.2	%

FINLAND — (0.9%)
	Other Securities				117,103,920		1.0	%

FRANCE — (9.8%)
	AXA SA		1,974,356		57,439,907		0.5	%
#	BNP Paribas SA		1,824,346		122,116,632		1.0	%
	Cie de Saint-Gobain		1,844,395		127,286,369		1.0	%
	Cie Generale des Etablissements Michelin SCA		622,212		97,822,573		0.8	%
	Orange SA		5,978,647		65,196,841		0.5	%
	TotalEnergies SE		6,840,726		342,549,007		2.8	%
	Other Securities				425,218,764		3.5	%

TOTAL FRANCE					1,237,630,093		10.1	%

GERMANY — (6.5%)
	Allianz SE		559,039		129,814,638		1.1	%
	Bayerische Motoren Werke AG		1,003,964		101,436,507		0.8	%
	Daimler AG		2,568,275		254,933,183		2.1	%
	Volkswagen AG		111,321		36,190,216		0.3	%
	Other Securities				297,572,604		2.4	%

TOTAL GERMANY					819,947,148		6.7	%

191

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
HONG KONG — (1.9%)
	Other Securities			$	241,189,297		2.0	%

IRELAND — (0.4%)
	Other Securities				46,959,387		0.4	%

ISRAEL — (0.4%)
	Other Securities				50,389,622		0.4	%

ITALY — (1.9%)
	Intesa Sanpaolo SpA		21,991,838		62,504,673		0.5	%
	Other Securities				172,510,027		1.4	%

TOTAL ITALY					235,014,700		1.9	%

JAPAN — (20.4%)
	Hitachi Ltd.		997,700		57,492,003		0.5	%
	Honda Motor Co. Ltd.		3,522,000		104,173,232		0.8	%
	Mitsubishi Corp.		1,817,600		57,795,971		0.5	%
	ORIX Corp.		3,324,900		66,086,674		0.5	%
	SoftBank Group Corp.		1,571,580		85,081,195		0.7	%
	Takeda Pharmaceutical Co. Ltd.		2,595,871		72,855,226		0.6	%
	Toyota Motor Corp.		16,646,950		293,721,364		2.4	%
#	Toyota Motor Corp., Sponsored ADR		49,541		8,747,454		0.1	%
	Other Securities				1,825,296,083		14.8	%

TOTAL JAPAN					2,571,249,202		20.9	%

NETHERLANDS — (5.0%)
	ING Groep NV		4,722,058		71,628,435		0.6	%
	Koninklijke Ahold Delhaize NV		4,840,597		157,476,505		1.3	%
	Koninklijke DSM NV		340,858		74,470,035		0.6	%
	Stellantis NV		3,600,675		71,894,458		0.6	%
	Other Securities				248,451,361		2.0	%

TOTAL NETHERLANDS					623,920,794		5.1	%

NEW ZEALAND — (0.2%)
	Other Securities				30,228,390		0.2	%

NORWAY — (1.1%)
	Other Securities				132,380,863		1.1	%

PORTUGAL — (0.1%)
	Other Securities				9,221,253		0.1	%

SINGAPORE — (0.7%)
	Other Securities				88,513,432		0.7	%

SPAIN — (2.2%)
	Banco Bilbao Vizcaya Argentaria SA		9,200,845		64,388,674		0.5	%
#	Banco Santander SA		42,993,563		163,078,151		1.4	%
	Other Securities				50,876,176		0.4	%

TOTAL SPAIN					278,343,001		2.3	%

SWEDEN — (2.7%)
	Other Securities				337,295,776		2.7	%

192

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SWITZERLAND — (8.3%)
	ABB Ltd.		1,805,001	$	59,715,251		0.5	%
	Cie Financiere Richemont SA		797,506		98,691,665		0.8	%
	Novartis AG		1,706,093		141,115,564		1.2	%
	Novartis AG, Sponsored ADR		794,280		65,734,613		0.5	%
	UBS Group AG		6,030,163		109,765,116		0.9	%
#	UBS Group AG		1,233,581		22,389,495		0.2	%
	Zurich Insurance Group AG		344,357		152,626,097		1.2	%
	Other Securities				392,342,286		3.2	%

TOTAL SWITZERLAND					1,042,380,087		8.5	%

UNITED KINGDOM — (13.9%)
	Aviva PLC		13,916,649		75,093,073		0.6	%
#	Barclays PLC, Sponsored ADR		7,035,082		78,722,568		0.6	%
	BP PLC		7,690,578		36,844,794		0.3	%
	BP PLC, Sponsored ADR		5,912,515		170,221,307		1.4	%
	British American Tobacco PLC		3,024,009		105,188,388		0.9	%
#	British American Tobacco PLC, Sponsored ADR		838,885		29,293,864		0.2	%
	Glencore PLC		23,897,614		119,501,940		1.0	%
	HSBC Holdings PLC		13,535,003		81,550,718		0.7	%
#	HSBC Holdings PLC, Sponsored ADR		2,324,211		69,889,024		0.6	%
	Lloyds Banking Group PLC		164,752,825		112,753,659		0.9	%
	Royal Dutch Shell PLC, Class B		283,225		6,499,652		0.0	%
	Royal Dutch Shell PLC, Sponsored ADR, Class B		8,519,230		390,521,503		3.2	%
	Vodafone Group PLC		58,351,986		86,002,139		0.7	%
#	Vodafone Group PLC, Sponsored ADR		4,011,201		59,967,459		0.5	%
	Other Securities				326,711,444		2.6	%

TOTAL UNITED KINGDOM					1,748,761,532		14.2	%

UNITED STATES — (0.0%)
	Other Security				1,789,521		0.0	%

TOTAL COMMON STOCKS					11,912,541,947		96.9	%

PREFERRED STOCKS — (1.4%)
GERMANY — (1.4%)
	Volkswagen AG		601,156		134,918,290		1.1	%
	Other Securities				44,965,817		0.4	%

TOTAL GERMANY					179,884,107		1.5	%

RIGHTS/WARRANTS — (0.0%)
CANADA — (0.0%)
	Other Security				275,183		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $10,175,872,330)					12,092,701,237

				Value†
SECURITIES LENDING COLLATERAL — (3.9%)
@§	The DFA Short Term Investment Fund		42,813,604		495,353,403		4.0	%

TOTAL INVESTMENTS—(100.0%) (Cost $10,671,138,666)				$	12,588,054,640		102.4	%

193

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

As of October 31, 2021, The DFA International Value Series had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^® Emini Index

384

12/17/21

85,247,563

88,262,400

3,014,837

Total Futures Contracts

85,247,563

88,262,400

3,014,837

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia		—	$	753,637,345		—	$	753,637,345
Austria		—		1,511,840		—		1,511,840
Belgium		—		84,789,324		—		84,789,324
Canada	$	1,186,857,942		—		—		1,186,857,942
Denmark		—		273,427,478		—		273,427,478
Finland		—		117,103,920		—		117,103,920
France		—		1,237,630,093		—		1,237,630,093
Germany		20,713,362		799,233,786		—		819,947,148
Hong Kong		—		241,189,297		—		241,189,297
Ireland		25,356,712		21,602,675		—		46,959,387
Israel		6,959,330		43,430,292		—		50,389,622
Italy		6,135,895		228,878,805		—		235,014,700
Japan		26,448,456		2,544,800,746		—		2,571,249,202
Netherlands		31,160,475		592,760,319		—		623,920,794
New Zealand		—		30,228,390		—		30,228,390
Norway		—		132,380,863		—		132,380,863
Portugal		—		9,221,253		—		9,221,253
Singapore		12,626,088		75,887,344		—		88,513,432
Spain		8,226,977		270,116,024		—		278,343,001
Sweden		—		337,295,776		—		337,295,776
Switzerland		105,717,225		936,662,862		—		1,042,380,087
United Kingdom		822,729,229		926,032,303		—		1,748,761,532
United States		1,789,521		—		—		1,789,521
Preferred Stocks
Germany		—		179,884,107		—		179,884,107
Rights/Warrants
Canada		—		275,183		—		275,183
Securities Lending Collateral		—		495,353,403		—		495,353,403
Futures Contracts**		3,014,837		—		—		3,014,837

TOTAL	$	2,257,736,049	$	10,333,333,428		—	$	12,591,069,477

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

See accompanying Notes to Financial Statements.

194

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (98.2%)
COMMUNICATION SERVICES — (3.1%)
	Other Securities			$	105,693,477		3.1	%

CONSUMER DISCRETIONARY — (14.2%)
	Resorttrust, Inc.		523,464		9,276,381		0.3	%
	Takashimaya Co. Ltd.		914,300		8,465,774		0.3	%
	Other Securities				471,009,353		13.7	%

TOTAL CONSUMER DISCRETIONARY					488,751,508		14.3	%

CONSUMER STAPLES — (7.2%)
	Milbon Co. Ltd.		159,852		9,570,980		0.3	%
	Nippon Suisan Kaisha Ltd.		1,912,300		10,868,179		0.3	%
	Sapporo Holdings Ltd.		392,620		8,518,732		0.3	%
	Other Securities				219,656,754		6.4	%

TOTAL CONSUMER STAPLES					248,614,645		7.3	%

ENERGY — (0.9%)
	Other Securities				32,702,071		1.0	%

FINANCIALS — (8.2%)
	Credit Saison Co. Ltd.		735,700		9,019,474		0.3	%
	Hirogin Holdings, Inc.		1,512,200		8,331,078		0.3	%
	Jafco Group Co. Ltd.		204,100		12,931,197		0.4	%
	Other Securities				253,393,996		7.3	%

TOTAL FINANCIALS					283,675,745		8.3	%

HEALTH CARE — (4.4%)
	H.U. Group Holdings, Inc.		362,400		8,937,241		0.3	%
	Nipro Corp.		809,400		8,224,859		0.2	%
	Other Securities				134,032,273		3.9	%

TOTAL HEALTH CARE					151,194,373		4.4	%

INDUSTRIALS — (29.9%)
	Daiseki Co. Ltd.		292,755		13,664,852		0.4	%
	DMG Mori Co. Ltd.		728,000		12,536,750		0.4	%
*	Fujikura Ltd.		1,714,800		9,249,370		0.3	%
	Furukawa Electric Co. Ltd.		424,300		9,284,144		0.3	%
	GS Yuasa Corp.		375,183		8,167,598		0.2	%
	Hazama Ando Corp.		1,294,000		8,762,584		0.3	%
	Hitachi Zosen Corp.		1,034,779		8,113,625		0.2	%
	Inaba Denki Sangyo Co. Ltd.		327,400		7,853,534		0.2	%
	INFRONEER Holdings, Inc.		1,192,388		9,875,975		0.3	%
	Japan Steel Works Ltd.		348,100		10,226,224		0.3	%
	Meitec Corp.		166,200		9,996,518		0.3	%
	Mirait Holdings Corp.		583,135		11,215,268		0.3	%
	Nagase & Co. Ltd.		578,600		9,793,254		0.3	%
	Nichias Corp.		391,000		9,573,627		0.3	%
	Nishimatsu Construction Co. Ltd.		345,000		9,951,583		0.3	%
#	OSG Corp.		511,900		8,516,449		0.3	%
	Outsourcing, Inc.		768,100		14,734,721		0.4	%
	Penta-Ocean Construction Co. Ltd.		1,616,400		11,138,498		0.3	%

195

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
INDUSTRIALS — (Continued)
	Ushio, Inc.		651,100	$	11,648,428		0.4	%
	Other Securities				838,064,288		24.4	%

TOTAL INDUSTRIALS					1,032,367,290		30.2	%

INFORMATION TECHNOLOGY — (15.2%)
	Alps Alpine Co. Ltd.		1,039,300		10,155,061		0.3	%
#	Anritsu Corp.		636,100		10,548,092		0.3	%
	Daiwabo Holdings Co. Ltd.		582,700		10,258,415		0.3	%
	Ferrotec Holdings Corp.		232,000		7,782,329		0.2	%
	Macnica Fuji Electronics Holdings, Inc.		342,150		8,043,827		0.2	%
	Nippon Electric Glass Co. Ltd.		515,736		13,168,257		0.4	%
	NSD Co. Ltd.		508,160		9,682,738		0.3	%
	Tokyo Seimitsu Co. Ltd.		253,800		10,333,728		0.3	%
	Topcon Corp.		684,300		12,200,386		0.4	%
	Ulvac, Inc.		162,300		9,105,840		0.3	%
	Other Securities				423,947,927		12.4	%

TOTAL INFORMATION TECHNOLOGY					525,226,600		15.4	%

MATERIALS — (11.9%)
	ADEKA Corp.		602,400		13,400,601		0.4	%
#	Asahi Holdings, Inc.		464,800		8,295,809		0.3	%
	Dowa Holdings Co. Ltd.		208,205		8,695,455		0.3	%
	Kobe Steel Ltd.		1,495,100		8,784,296		0.3	%
	Mitsui Mining & Smelting Co. Ltd.		372,700		10,694,693		0.3	%
	Sumitomo Bakelite Co. Ltd.		192,800		8,664,946		0.3	%
	Toagosei Co. Ltd.		740,500		8,275,887		0.2	%
	Ube Industries Ltd.		430,100		8,013,345		0.2	%
	Yamato Kogyo Co. Ltd.		253,200		8,489,870		0.3	%
	Other Securities				326,086,787		9.4	%

TOTAL MATERIALS					409,401,689		12.0	%

REAL ESTATE — (1.7%)
	Other Securities				57,897,941		1.7	%

UTILITIES — (1.5%)
	Nippon Gas Co. Ltd.		684,000		8,484,055		0.3	%
	West Holdings Corp.		143,603		8,026,221		0.2	%
	Other Securities				35,924,861		1.0	%

TOTAL UTILITIES					52,435,137		1.5	%

TOTAL COMMON STOCKS (Cost $2,886,201,109)					3,387,960,476		99.2	%


				Value†
SECURITIES LENDING COLLATERAL — (1.8%)
@§	The DFA Short Term Investment Fund		5,314,587		61,489,772		1.8	%

TOTAL INVESTMENTS—(100.0%) (Cost $2,947,678,139)				$	3,449,450,248		101.0	%

196

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services		—	$	105,693,477		—	$	105,693,477
Consumer Discretionary		—		488,751,508		—		488,751,508
Consumer Staples		—		248,614,645		—		248,614,645
Energy		—		32,702,071		—		32,702,071
Financials		—		283,675,745		—		283,675,745
Health Care		—		151,194,373		—		151,194,373
Industrials	$	15,163,165		1,017,204,125		—		1,032,367,290
Information Technology		—		525,226,600		—		525,226,600
Materials		—		409,401,689		—		409,401,689
Real Estate		—		57,897,941		—		57,897,941
Utilities		—		52,435,137		—		52,435,137
Securities Lending Collateral		—		61,489,772		—		61,489,772

TOTAL	$	15,163,165	$	3,434,287,083		—	$	3,449,450,248

See accompanying Notes to Financial Statements.

197

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (97.8%)
AUSTRALIA — (59.7%)
*	AMP Ltd.		12,893,152	$	10,548,526		0.6	%
	ARB Corp. Ltd.		521,174		19,195,274		1.1	%
	Bapcor Ltd.		2,189,248		13,204,770		0.7	%
#	Breville Group Ltd.		681,670		15,172,506		0.8	%
	Brickworks Ltd.		486,532		8,731,553		0.5	%
	Carsales.com Ltd.		553,743		10,362,825		0.6	%
	Challenger Ltd.		2,321,555		12,194,726		0.7	%
*	Corporate Travel Management Ltd.		650,080		12,044,252		0.7	%
	Credit Corp. Group Ltd.		442,571		10,527,755		0.6	%
	CSR Ltd.		3,109,441		13,958,892		0.8	%
	Downer EDI Ltd.		2,071,013		9,901,826		0.6	%
	Eagers Automotive Ltd.		775,292		8,710,647		0.5	%
	Elders Ltd.		1,009,369		9,169,814		0.5	%
	Healius Ltd.		3,973,423		14,549,415		0.8	%
	Iluka Resources Ltd.		1,999,707		14,266,701		0.8	%
	IOOF Holdings Ltd.		3,815,495		11,809,268		0.7	%
	IRESS Ltd.		1,225,060		11,168,044		0.6	%
*	Lynas Rare Earths Ltd.		1,615,350		9,011,232		0.5	%
#	Metcash Ltd.		6,296,220		19,404,717		1.1	%
	nib holdings Ltd.		2,951,426		14,861,717		0.8	%
*	Orocobre Ltd.		2,264,756		15,294,789		0.8	%
	Orora Ltd.		5,931,076		14,837,472		0.8	%
	Pendal Group Ltd.		2,058,779		10,413,306		0.6	%
	Perpetual Ltd.		376,124		10,750,588		0.6	%
*	Perseus Mining Ltd.		8,114,950		9,622,883		0.5	%
	Premier Investments Ltd.		458,786		10,647,565		0.6	%
	Reliance Worldwide Corp. Ltd.		3,629,454		15,959,122		0.9	%
	Sandfire Resources Ltd.		2,725,681		11,481,645		0.6	%
	Sims Ltd.		1,175,465		12,796,166		0.7	%
	Spark Infrastructure Group		10,978,157		23,274,771		1.3	%
*	Star Entertainment Grp Ltd.		3,941,041		10,951,914		0.6	%
	Steadfast Group Ltd.		3,596,653		12,654,068		0.7	%
	Super Retail Group Ltd.		1,085,264		10,646,830		0.6	%
	Technology One Ltd.		1,674,190		15,547,005		0.9	%
*	Webjet Ltd.		2,061,672		9,866,315		0.5	%
*	Whitehaven Coal Ltd.		5,382,983		10,652,888		0.6	%
#*	Zip Co. Ltd.		1,986,170		9,816,301		0.5	%
	Other Securities				645,675,521		35.1	%

TOTAL AUSTRALIA					1,109,683,609		60.9	%

CHINA — (0.0%)
	Other Securities				138,963		0.0	%

HONG KONG — (21.0%)
	ASM Pacific Technology Ltd.		1,406,800		15,222,149		0.8	%
#	Kerry Logistics Network Ltd.		4,063,500		9,853,152		0.5	%
	Luk Fook Holdings International Ltd.		3,577,000		9,748,695		0.5	%
	Pacific Basin Shipping Ltd.		32,170,000		14,846,663		0.8	%
	VTech Holdings Ltd.		1,345,100		10,357,891		0.6	%
	Other Securities				331,012,861		18.2	%

TOTAL HONG KONG					391,041,411		21.4	%

198

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
NEW ZEALAND — (6.5%)
	Chorus Ltd.		2,826,320	$	12,906,707		0.7	%
#	Freightways Ltd.		976,177		9,063,774		0.5	%
	Infratil Ltd.		3,435,660		20,385,406		1.1	%
	Mainfreight Ltd.		156,515		10,085,924		0.6	%
	SKYCITY Entertainment Group Ltd.		4,937,567		11,322,406		0.6	%
	Summerset Group Holdings Ltd.		985,298		10,250,669		0.6	%
	Other Securities				46,763,116		2.5	%

TOTAL NEW ZEALAND					120,778,002		6.6	%

SINGAPORE — (10.5%)
	Sembcorp Industries Ltd.		6,027,400		8,995,759		0.5	%
	Singapore Press Holdings Ltd.		7,439,300		10,978,277		0.6	%
	Other Securities				176,291,309		9.7	%

TOTAL SINGAPORE					196,265,345		10.8	%

UNITED STATES — (0.1%)
	Other Securities				1,189,681		0.1	%

TOTAL COMMON STOCKS					1,819,097,011		99.8	%

PREFERRED STOCKS — (0.0%)
AUSTRALIA — (0.0%)
	Other Security				68,066		0.0	%

RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities				138		0.0	%

HONG KONG — (0.0%)
	Other Security				7,842		0.0	%

NEW ZEALAND — (0.0%)
	Other Security				15,450		0.0	%

SINGAPORE — (0.0%)
	Other Securities				16,264		0.0	%

TOTAL RIGHTS/WARRANTS					39,694		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $1,603,374,310)					1,819,204,771


				Value†
SECURITIES LENDING COLLATERAL — (2.2%)
@§	The DFA Short Term Investment Fund		3,509,676		40,606,949		2.2	%

TOTAL INVESTMENTS—(100.0%) (Cost $1,643,976,673)				$	1,859,811,720		102.0	%

199

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Common Stocks
Australia	$	12,676	$	1,109,648,166	$	22,767		$	1,109,683,609
China		—		138,963		—			138,963
Hong Kong		—		390,169,707		871,704			391,041,411
New Zealand		—		120,778,002		—			120,778,002
Singapore		—		195,145,698		1,119,647			196,265,345
United States		—		1,189,681		—			1,189,681
Preferred Stocks
Australia		—		68,066		—			68,066
Rights/Warrants
Australia		—		138		—			138
Hong Kong		—		7,842		—			7,842
New Zealand		—		15,450		—			15,450
Singapore		—		16,264		—			16,264
Securities Lending Collateral		—		40,606,949		—			40,606,949

TOTAL	$	12,676	$	1,857,784,926	$	2,014,118	^	$	1,859,811,720

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

See accompanying Notes to Financial Statements.

200

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (99.2%)
COMMUNICATION SERVICES — (3.8%)
	Daily Mail & General Trust PLC, Class A		1,003,074	$	14,237,131		0.7	%
	Other Securities				57,764,428		3.1	%

TOTAL COMMUNICATION SERVICES					72,001,559		3.8	%

CONSUMER DISCRETIONARY — (19.8%)
	Bellway PLC		417,887		18,961,147		1.0	%
*	Countryside Properties PLC		2,922,469		18,812,341		1.0	%
	Domino’s Pizza Group PLC		3,262,553		17,283,266		0.9	%
*	Frasers Group PLC		1,628,144		14,351,413		0.8	%
	Games Workshop Group PLC		157,764		20,837,762		1.1	%
	Greggs PLC		636,335		26,596,851		1.4	%
	Inchcape PLC		2,550,326		28,784,465		1.5	%
*	Marks & Spencer Group PLC		7,572,745		19,035,955		1.0	%
	Pets at Home Group PLC		3,262,961		21,532,073		1.1	%
*	Playtech PLC		1,947,421		18,527,516		1.0	%
	Redrow PLC		1,602,850		14,112,668		0.8	%
	Vistry Group PLC		898,922		15,053,083		0.8	%
	Other Securities				142,754,262		7.5	%

TOTAL CONSUMER DISCRETIONARY					376,642,802		19.9	%

CONSUMER STAPLES — (6.7%)
	Britvic PLC		1,748,990		21,232,260		1.1	%
	Cranswick PLC		374,680		17,707,906		0.9	%
	Fevertree Drinks PLC		655,368		20,392,946		1.1	%
	Tate & Lyle PLC		2,419,131		21,435,384		1.1	%
	Other Securities				46,754,593		2.5	%

TOTAL CONSUMER STAPLES					127,523,089		6.7	%

ENERGY — (2.3%)
	Other Securities				44,336,800		2.3	%

FINANCIALS — (16.6%)
*	Beazley PLC		3,279,338		17,442,492		0.9	%
	Close Brothers Group PLC		970,236		19,112,250		1.0	%
	Hiscox Ltd.		1,621,850		18,452,426		1.0	%
	IG Group Holdings PLC		2,149,742		23,326,151		1.2	%
	Man Group PLC		9,599,081		30,488,754		1.6	%
	Paragon Banking Group PLC		1,977,656		14,825,635		0.8	%
	Quilter PLC		10,641,392		22,656,903		1.2	%
*	Virgin Money UK PLC		5,337,722		14,829,830		0.8	%
	Other Securities				154,697,225		8.1	%

TOTAL FINANCIALS					315,831,666		16.6	%

HEALTH CARE — (3.2%)
*	CVS Group PLC		436,875		14,888,932		0.8	%
	Other Securities				46,277,391		2.4	%

TOTAL HEALTH CARE					61,166,323		3.2	%

INDUSTRIALS — (25.6%)
	Bodycote PLC		1,252,104		13,714,783		0.7	%

201

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	Diploma PLC		628,300	$	25,821,321		1.4	%
	Genuit Group PLC		1,416,533		12,853,080		0.7	%
	Grafton Group PLC		1,582,491		29,066,399		1.5	%
	Hays PLC		8,705,616		19,729,104		1.0	%
	IMI PLC		1,193,944		26,662,992		1.4	%
*	Meggitt PLC		2,411,365		24,757,023		1.3	%
	Pagegroup PLC		2,014,945		18,283,115		1.0	%
	Rotork PLC		5,214,504		25,207,456		1.3	%
	Travis Perkins PLC		1,046,773		22,129,674		1.2	%
	Ultra Electronics Holdings PLC		566,936		25,121,854		1.3	%
	Other Securities				243,351,972		12.9	%

TOTAL INDUSTRIALS					486,698,773		25.7	%

INFORMATION TECHNOLOGY — (8.5%)
	Computacenter PLC		514,578		18,918,353		1.0	%
	Softcat PLC		738,845		19,636,602		1.0	%
	Spectris PLC		433,873		22,323,692		1.2	%
	Spirent Communications PLC		4,206,131		16,515,848		0.9	%
	Other Securities				84,212,380		4.4	%

TOTAL INFORMATION TECHNOLOGY					161,606,875		8.5	%

MATERIALS — (6.5%)
	Hill & Smith Holdings PLC		545,011		13,677,859		0.7	%
	Marshalls PLC		1,408,571		13,643,131		0.7	%
	Synthomer PLC		2,263,160		15,684,931		0.8	%
	Victrex PLC		576,646		18,032,016		1.0	%
	Other Securities				63,589,179		3.4	%

TOTAL MATERIALS					124,627,116		6.6	%

REAL ESTATE — (3.7%)
	Grainger PLC		4,411,972		18,556,053		1.0	%
*	IWG PLC		3,858,261		16,364,344		0.9	%
	Savills PLC		986,247		19,181,608		1.0	%
	Other Securities				16,005,096		0.8	%

TOTAL REAL ESTATE					70,107,101		3.7	%

UTILITIES — (2.5%)
*	Centrica PLC		19,338,945		15,964,039		0.8	%
	Drax Group PLC		2,521,289		18,336,886		1.0	%
	Other Securities				13,045,684		0.7	%

TOTAL UTILITIES					47,346,609		2.5	%

TOTAL COMMON STOCKS (Cost $1,462,298,964)					1,887,888,713		99.5	%


				Value†
SECURITIES LENDING COLLATERAL — (0.8%)
@§	The DFA Short Term Investment Fund		1,351,028		15,631,396		0.8	%

TOTAL INVESTMENTS—(100.0%) (Cost $1,477,926,404)				$	1,903,520,109		100.3	%

202

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	55,069	$	71,946,490		—	$	72,001,559
Consumer Discretionary		—		376,642,802		—		376,642,802
Consumer Staples		—		127,523,089		—		127,523,089
Energy		—		44,336,800		—		44,336,800
Financials		—		315,831,666		—		315,831,666
Health Care		—		61,166,323		—		61,166,323
Industrials		—		486,698,773		—		486,698,773
Information Technology		—		161,606,875		—		161,606,875
Materials		—		124,627,116		—		124,627,116
Real Estate		—		70,107,101		—		70,107,101
Utilities		—		47,346,609		—		47,346,609
Securities Lending Collateral		—		15,631,396		—		15,631,396

TOTAL	$	55,069	$	1,903,465,040		—	$	1,903,520,109

See accompanying Notes to Financial Statements.

203

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.7%)
AUSTRIA — (3.1%)
	ANDRITZ AG		473,948	$	26,919,532		0.4	%
	Other Securities				187,051,424		2.9	%

TOTALAUSTRIA					213,970,956		3.3	%

BELGIUM — (3.8%)
	Ackermans & van Haaren NV		177,966		30,604,090		0.5	%
	D’ieteren Group		194,540		33,543,417		0.5	%
	Other Securities				197,897,761		3.0	%

TOTAL BELGIUM					262,045,268		4.0	%

CANADA — (0.0%)
	Other Security				709,749		0.0	%

DENMARK — (5.3%)
	Ringkjoebing Landbobank AS		195,777		24,871,398		0.4	%
	Royal Unibrew AS		331,556		41,187,654		0.6	%
#	SimCorp AS		271,754		32,907,854		0.5	%
	Other Securities				260,732,463		4.0	%

TOTAL DENMARK					359,699,369		5.5	%

FINLAND — (5.8%)
	Huhtamaki Oyj		673,038		29,346,505		0.4	%
#	Nokian Renkaat Oyj		768,570		28,861,457		0.4	%
#	Orion Oyj, Class B		636,552		27,564,996		0.4	%
	Valmet Oyj		924,559		37,533,401		0.6	%
	Other Securities				271,277,867		4.2	%

TOTAL FINLAND					394,584,226		6.0	%

FRANCE — (10.4%)
	Faurecia SE		649,627		33,928,710		0.5	%
	Rexel SA		2,125,412		42,245,103		0.7	%
*	SOITEC		135,169		35,988,721		0.6	%
	Other Securities				598,104,390		9.1	%

TOTAL FRANCE					710,266,924		10.9	%

GERMANY — (15.1%)
	Aurubis AG		287,587		24,781,328		0.4	%
	Freenet AG		1,000,321		25,763,506		0.4	%
	GEA Group AG		742,082		36,548,405		0.6	%
#	Gerresheimer AG		261,448		23,988,547		0.4	%
	Hugo Boss AG		459,212		28,754,576		0.4	%
*	K+S AG		1,479,794		25,500,212		0.4	%
	Lanxess AG		599,001		40,362,102		0.6	%
#	ProSiebenSat.1 Media SE		1,393,286		23,338,566		0.4	%
	Rheinmetall AG		309,902		30,068,830		0.5	%
	TAG Immobilien AG		1,033,296		31,392,640		0.5	%
	Other Securities				735,033,666		11.1	%

TOTAL GERMANY					1,025,532,378		15.7	%

204

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»			Percentage of Net Assets‡
IRELAND — (1.0%)
*	Bank of Ireland Group PLC		6,006,044	$	35,779,124			0.6	%
	Other Securities				30,504,504			0.4	%

TOTAL IRELAND					66,283,628			1.0	%

ISRAEL — (3.3%)
	Other Securities				225,995,115			3.4	%

ITALY — (8.3%)
	A2A SpA		12,233,648		25,743,846			0.4	%
	Azimut Holding SpA		906,940		26,118,330			0.4	%
#	Banco BPM SpA		12,107,842		37,652,859			0.6	%
	Hera SpA		5,824,869		23,830,941			0.4	%
	Italgas SpA		3,792,959		24,098,500			0.4	%
	Reply SpA		148,015		28,730,201			0.4	%
	Other Securities				396,359,830			6.0	%

TOTAL ITALY					562,534,507			8.6	%

NETHERLANDS — (6.7%)
	Aalberts NV		720,618		39,885,206			0.6	%
	Arcadis NV		543,636		26,497,175			0.4	%
	ASR Nederland NV		931,393		43,537,226			0.7	%
	BE Semiconductor Industries NV		464,004		42,394,069			0.7	%
	IMCD NV		226,957		50,394,583			0.8	%
W	Signify NV		673,043		32,613,232			0.5	%
	Other Securities				220,230,807	��		3.3	%

TOTAL NETHERLANDS					455,552,298			7.0	%

NORWAY — (2.0%)
	Other Securities				138,643,309			2.1	%

PORTUGAL — (0.7%)
	Other Securities				50,448,984			0.8	%

SPAIN — (5.2%)
*	Banco de Sabadell SA		36,662,284		29,505,685			0.5	%
	Bankinter SA		4,259,580		23,453,290			0.4	%
#	Enagas SA		1,045,470		23,459,790			0.4	%
	Other Securities				275,109,321			4.1	%

TOTAL SPAIN					351,528,086			5.4	%

SWEDEN — (8.8%)
	Other Securities				598,208,203			9.1	%

SWITZERLAND — (15.1%)
	Allreal Holding AG		118,457		25,053,150			0.4	%
*	ams AG		1,241,971		24,588,933			0.4	%
	Belimo Holding AG		62,238		36,184,269			0.6	%
	Bucher Industries AG		55,557		28,039,159			0.4	%
*	Flughafen Zurich AG		133,405		24,091,216			0.4	%
	Georg Fischer AG		32,352		48,950,258			0.8	%
	Helvetia Holding AG		249,056		29,635,381			0.5	%
	Interroll Holding AG		4,928		23,908,178			0.4	%
	PSP Swiss Property AG		341,202		42,652,293			0.7	%

205

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SWITZERLAND — (Continued)
	Siegfried Holding AG		33,622	$	32,339,058		0.5	%
W	VAT Group AG		148,293		70,888,598		1.1	%
	Other Securities				641,701,155		9.5	%

TOTAL SWITZERLAND					1,028,031,648		15.7	%

UNITED KINGDOM — (0.1%)
	Other Securities				4,660,893		0.1	%

UNITED STATES — (0.0%)
	Other Security				1,294,368		0.0	%

TOTAL COMMON STOCKS					6,449,989,909		98.6	%

PREFERRED STOCKS — (0.9%)
GERMANY — (0.9%)
	Other Securities				61,732,488		1.0	%

RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
	Other Securities				12,299		0.0	%

PORTUGAL — (0.0%)
	Other Security				13,912		0.0	%

SPAIN — (0.0%)
	Other Security				715,382		0.0	%

TOTAL RIGHTS/WARRANTS					741,593		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $4,543,679,052)					6,512,463,990


				Value†
SECURITIES LENDING COLLATERAL — (4.4%)
@§	The DFA Short Term Investment Fund		25,693,219		297,270,547		4.5	%

TOTAL INVESTMENTS—(100.0%) (Cost $4,840,922,007)				$	6,809,734,537		104.1	%

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Austria		—	$	213,970,956		—	$	213,970,956
Belgium	$	7,688,844		254,356,424		—		262,045,268
Canada		—		709,749		—		709,749
Denmark		—		359,699,369		—		359,699,369
Finland		—		394,584,226		—		394,584,226
France		—		710,226,064	$	40,860		710,266,924
Germany		14,482,505		1,011,049,873		—		1,025,532,378

206

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Ireland		—	$	66,283,628		—		$	66,283,628
Israel	$	1,561,556		224,433,559		—			225,995,115
Italy		—		562,534,507		—			562,534,507
Netherlands		—		455,552,298		—			455,552,298
Norway		—		138,643,309		—			138,643,309
Portugal		—		50,448,984		—			50,448,984
Spain		—		351,528,086		—			351,528,086
Sweden		—		598,208,203		—			598,208,203
Switzerland		6,841,780		1,021,189,868		—			1,028,031,648
United Kingdom		—		4,660,893		—			4,660,893
United States		—		1,294,368		—			1,294,368
Preferred Stocks
Germany		—		61,732,488		—			61,732,488
Rights/Warrants
Austria		—		12,299		—			12,299
Portugal		—		13,912		—			13,912
Spain		—		715,382		—			715,382
Securities Lending Collateral		—		297,270,547		—			297,270,547

TOTAL	$	30,574,685	$	6,779,118,992	$	40,860	^	$	6,809,734,537

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

See accompanying Notes to Financial Statements.

207

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (84.0%)
COMMUNICATION SERVICES — (1.2%)
	Other Securities			$	20,392,287		1.4	%

CONSUMER DISCRETIONARY — (5.3%)
*	Aritzia, Inc.		463,368		18,248,672		1.3	%
	Linamar Corp.		249,534		13,724,773		1.0	%
	Other Securities				59,378,275		4.0	%

TOTAL CONSUMER DISCRETIONARY					91,351,720		6.3	%

CONSUMER STAPLES — (4.4%)
#	Maple Leaf Foods, Inc.		417,087		9,092,604		0.6	%
#	Premium Brands Holdings Corp., Class A		197,300		21,322,620		1.5	%
	Primo Water Corp.		813,424		12,948,006		0.9	%
	Other Securities				32,050,901		2.2	%

TOTAL CONSUMER STAPLES					75,414,131		5.2	%

ENERGY — (17.1%)
	ARC Resources Ltd.		2,991,363		28,690,593		2.0	%
	Crescent Point Energy Corp.		2,888,800		14,518,694		1.0	%
#	Crescent Point Energy Corp.		192,400		967,772		0.1	%
#	Enerplus Corp.		1,287,055		12,188,336		0.8	%
#	Gibson Energy, Inc.		940,791		18,958,733		1.3	%
#	Keyera Corp.		445,938		11,429,503		0.8	%
*	MEG Energy Corp.		2,470,617		22,138,932		1.5	%
#	Parex Resources, Inc.		786,291		15,267,108		1.1	%
#	Parkland Corp.		763,190		22,206,264		1.5	%
#	PrairieSky Royalty Ltd.		1,064,207		13,096,212		0.9	%
#	Whitecap Resources, Inc.		3,150,760		18,915,763		1.3	%
	Other Securities				115,895,851		8.0	%

TOTAL ENERGY					294,273,761		20.3	%

FINANCIALS — (9.6%)
#	Canadian Western Bank		475,702		15,217,390		1.0	%
	CI Financial Corp.		967,840		22,068,879		1.5	%
#	ECN Capital Corp.		2,488,693		21,637,311		1.5	%
#	Element Fleet Management Corp.		1,811,383		19,685,764		1.4	%
#*	Home Capital Group, Inc., Class B		303,217		9,839,362		0.7	%
#	Laurentian Bank of Canada		412,090		13,875,073		1.0	%
	Other Securities				63,879,527		4.3	%

TOTAL FINANCIALS					166,203,306		11.4	%

HEALTH CARE — (1.2%)
	Other Securities				21,366,735		1.5	%

INDUSTRIALS — (10.3%)
#*	ATS Automation Tooling Systems, Inc.		441,354		15,017,305		1.0	%
#*	Bombardier, Inc., Class B		6,140,801		9,874,106		0.7	%
	Finning International, Inc.		890,113		26,352,408		1.8	%
	LifeWorks, Inc.		401,948		10,389,719		0.7	%
	Richelieu Hardware Ltd.		361,973		12,778,442		0.9	%
#	SNC-Lavalin Group, Inc.		655,742		17,638,697		1.2	%

208

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	Stantec, Inc.		287,574	$	15,893,715		1.1	%
	Other Securities				69,576,440		4.8	%

TOTAL INDUSTRIALS					177,520,832		12.2	%

INFORMATION TECHNOLOGY — (2.7%)
	Enghouse Systems Ltd.		263,395		11,422,438		0.8	%
#*	Kinaxis, Inc.		99,954		15,513,223		1.1	%
	Other Securities				19,131,094		1.3	%

TOTAL INFORMATION TECHNOLOGY					46,066,755		3.2	%

MATERIALS — (20.7%)
	Alamos Gold, Inc., Class A		2,157,397		16,002,666		1.1	%
	Alamos Gold, Inc., Class A		2,642		19,656		0.0	%
#	B2Gold Corp.		2,045,993		8,447,822		0.6	%
	B2Gold Corp.		1,728,490		7,155,949		0.5	%
#*	Capstone Mining Corp.		2,456,528		10,301,697		0.7	%
#	Centerra Gold, Inc.		1,270,606		9,527,493		0.7	%
#	Endeavour Mining PLC		421,513		10,708,128		0.7	%
#	Methanex Corp.		208,917		9,358,725		0.6	%
	Methanex Corp.		127,282		5,699,688		0.4	%
	SSR Mining, Inc.		988,019		15,583,490		1.1	%
#	SSR Mining, Inc.		184,815		2,916,381		0.2	%
	Stella-Jones, Inc.		301,231		10,814,232		0.7	%
#	Yamana Gold, Inc.		4,784,888		18,790,042		1.3	%
	Yamana Gold, Inc.		588,814		2,325,815		0.2	%
	Other Securities				229,187,240		15.8	%

TOTAL MATERIALS					356,839,024		24.6	%

REAL ESTATE — (3.5%)
#	Altus Group Ltd.		261,893		13,735,839		1.0	%
	Colliers International Group, Inc.		134,012		19,441,269		1.3	%
	Colliers International Group, Inc.		4,163		605,175		0.0	%
#	Tricon Residential, Inc.		706,476		10,280,893		0.7	%
	Other Securities				16,340,781		1.2	%

TOTAL REAL ESTATE					60,403,957		4.2	%

UTILITIES — (8.0%)
#	AltaGas Ltd.		508,361		10,523,763		0.7	%
	Atco Ltd., Class I		392,922		13,334,457		0.9	%
#	Boralex, Inc., Class A		549,954		17,019,423		1.2	%
#	Brookfield Infrastructure Corp., Class A		337,306		20,446,587		1.4	%
#	Capital Power Corp.		771,649		25,345,452		1.8	%
#	Innergex Renewable Energy, Inc.		652,084		10,854,015		0.8	%
#	Superior Plus Corp.		829,579		9,230,206		0.6	%
	TransAlta Corp.		1,784,708		20,015,956		1.4	%
#	TransAlta Renewables, Inc.		614,934		9,102,772		0.6	%
	Other Securities				2,067,716		0.1	%

TOTAL UTILITIES					137,940,347		9.5	%

TOTAL COMMON STOCKS					1,447,772,855		99.8	%

209

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
ENERGY — (0.0%)
	Other Security			$	308,498		0.0	%

TOTAL RIGHTS/WARRANTS					308,498		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $1,069,056,866)					1,448,081,353


				Value†
SECURITIES LENDING COLLATERAL — (16.0%)
@§	The DFA Short Term Investment Fund		23,890,671		276,415,069		19.0	%

TOTAL INVESTMENTS—(100.0%) (Cost $1,345,455,217)				$	1,724,496,422		118.8	%

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	20,392,287		—		—	$	20,392,287
Consumer Discretionary		91,314,123	$	37,597		—		91,351,720
Consumer Staples		75,414,131		—		—		75,414,131
Energy		294,213,404		60,357		—		294,273,761
Financials		166,203,306		—		—		166,203,306
Health Care		19,490,590		1,876,145		—		21,366,735
Industrials		177,520,832		—		—		177,520,832
Information Technology		46,066,755		—		—		46,066,755
Materials		356,051,981		787,043		—		356,839,024
Real Estate		60,403,957		—		—		60,403,957
Utilities		137,940,347		—		—		137,940,347
Rights/Warrants
Energy		—		308,498		—		308,498
Securities Lending Collateral		—		276,415,069		—		276,415,069

TOTAL	$	1,445,011,713	$	279,484,709		—	$	1,724,496,422

See accompanying Notes to Financial Statements.

210

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.6%)
BRAZIL — (3.0%)
	Vale SA		2,960,013	$	37,557,408		0.6	%
	Other Securities				153,559,145		2.4	%

TOTAL BRAZIL					191,116,553		3.0	%

CHILE — (0.4%)
	Other Securities				26,696,504		0.4	%

CHINA — (31.5%)
*	Alibaba Group Holding Ltd.		714,100		14,683,794		0.3	%
*	Alibaba Group Holding Ltd., Sponsored ADR		929,746		153,352,305		2.4	%
*	Baidu, Inc., Class A		766,950		15,671,958		0.3	%
*	Baidu, Inc., Sponsored ADR		137,226		22,263,546		0.4	%
	BYD Co. Ltd., Class H		514,386		19,674,020		0.3	%
	China Construction Bank Corp., Class H		79,728,590		54,261,738		0.9	%
	China Gas Holdings Ltd.		6,299,200		15,722,928		0.3	%
	China Merchants Bank Co. Ltd., Class H		3,434,554		28,782,038		0.5	%
	China Overseas Land & Investment Ltd.		7,665,500		16,906,687		0.3	%
#	China Resources Land Ltd.		5,690,666		22,110,902		0.4	%
	CSPC Pharmaceutical Group Ltd.		17,069,200		17,811,704		0.3	%
	Geely Automobile Holdings Ltd.		8,400,000		29,153,372		0.5	%
	Industrial & Commercial Bank of China Ltd., Class H		53,639,185		29,402,967		0.5	%
*	JD.com, Inc., ADR		248,488		19,451,641		0.3	%
	Kweichow Moutai Co. Ltd., Class A		65,693		18,746,074		0.3	%
	Lenovo Group Ltd.		18,933,278		20,560,934		0.3	%
	Li Ning Co. Ltd.		1,623,500		17,915,414		0.3	%
*W	Meituan, Class B		1,192,700		40,585,923		0.7	%
	NetEase, Inc., ADR		271,103		26,456,942		0.4	%
	Ping An Insurance Group Co. of China Ltd., Class H		5,400,000		38,678,739		0.6	%
	Tencent Holdings Ltd.		3,951,600		240,375,009		3.8	%
*W	Wuxi Biologics Cayman, Inc.		1,151,000		17,434,142		0.3	%
*W	Xiaomi Corp., Class B		7,645,200		20,898,571		0.4	%
	Yum China Holdings, Inc.		543,135		31,002,146		0.5	%
	Other Securities				1,080,031,787		16.6	%

TOTAL CHINA					2,011,935,281		31.9	%

COLOMBIA — (0.2%)
	Other Securities				12,316,697		0.2	%

CZECH REPUBLIC — (0.1%)
	Other Securities				9,027,755		0.1	%

EGYPT — (0.1%)
	Other Securities				3,891,591		0.1	%

GREECE — (0.3%)
	Other Securities				16,700,764		0.3	%

HONG KONG — (0.1%)
	Other Securities				5,532,184		0.1	%

HUNGARY — (0.3%)
	Other Securities				21,255,120		0.3	%

211

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDIA — (13.3%)
	HDFC Bank Ltd.		2,163,503	$	45,977,515		0.7	%
	Hindustan Unilever Ltd.		531,688		16,988,292		0.3	%
	Housing Development Finance Corp. Ltd.		698,168		26,588,873		0.4	%
	Infosys Ltd.		1,828,393		40,997,003		0.7	%
	Infosys Ltd., Sponsored ADR		859,642		19,152,824		0.3	%
	Reliance Industries Ltd.		1,571,323		53,401,933		0.9	%
	Tata Consultancy Services Ltd.		680,063		30,968,780		0.5	%
	Tata Steel Ltd.		955,424		16,866,667		0.3	%
	Other Securities				598,311,580		9.4	%

TOTAL INDIA					849,253,467		13.5	%

INDONESIA — (1.7%)
	Bank Central Asia Tbk PT		32,282,500		17,070,253		0.3	%
	Other Securities				94,597,970		1.5	%

TOTAL INDONESIA					111,668,223		1.8	%

MALAYSIA — (1.5%)
	Other Securities				98,689,277		1.6	%

MEXICO — (2.1%)
#	America Movil SAB de CV		23,862,904		21,245,727		0.4	%
	Other Securities				109,965,104		1.7	%

TOTAL MEXICO					131,210,831		2.1	%

NETHERLANDS — (0.1%)
	Other Security				3,847,242		0.1	%

PERU — (0.1%)
	Other Securities				6,418,615		0.1	%

PHILIPPINES — (0.7%)
	Other Securities				47,693,384		0.8	%

POLAND — (0.9%)
	Other Securities				54,588,905		0.9	%

QATAR — (0.6%)
	Other Securities				37,606,118		0.6	%

RUSSIA — (1.3%)
	Sberbank of Russia PJSC, Sponsored ADR		998,144		20,017,792		0.3	%
	Other Securities				65,279,760		1.0	%

TOTAL RUSSIA					85,297,552		1.3	%

SAUDI ARABIA — (3.3%)
	Al Rajhi Bank		758,186		28,047,881		0.5	%
	Saudi Basic Industries Corp.		442,004		15,234,307		0.2	%
	Saudi National Bank		1,236,879		21,713,030		0.4	%
	Other Securities				144,192,509		2.2	%

TOTAL SAUDI ARABIA					209,187,727		3.3	%

212

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value »		Percentage of Net Assets‡
SOUTH AFRICA — (3.6%)
*	MTN Group Ltd.		2,885,932	$	25,878,521		0.4	%
	Other Securities				201,110,643		3.2	%

TOTAL SOUTH AFRICA					226,989,164		3.6	%

SOUTH KOREA — (13.1%)
	KB Financial Group, Inc.		376,407		18,219,547		0.3	%
	LG Chem Ltd.		28,624		20,539,289		0.3	%
	LG Electronics, Inc.		199,804		20,670,498		0.3	%
	POSCO		75,709		19,202,198		0.3	%
	Samsung Electronics Co. Ltd.		3,831,702		229,415,933		3.6	%
	Samsung Electronics Co. Ltd., GDR		105		157,220		0.0	%
	SK Hynix, Inc.		475,556		41,920,530		0.7	%
	Other Securities				489,256,441		7.8	%

TOTAL SOUTH KOREA					839,381,656		13.3	%

TAIWAN — (16.5%)
	Evergreen Marine Corp. Taiwan Ltd.		4,324,222		15,561,495		0.3	%
	Hon Hai Precision Industry Co. Ltd.		5,794,322		22,368,040		0.4	%
	MediaTek, Inc.		776,995		25,572,990		0.4	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		15,380,808		326,385,203		5.2	%
	United Microelectronics Corp.		8,584,000		17,820,160		0.3	%
	Other Securities				649,615,769		10.2	%

TOTAL TAIWAN					1,057,323,657		16.8	%

THAILAND — (1.8%)
	Other Securities				115,888,768		1.8	%

TURKEY — (0.4%)
	Other Securities				28,003,484		0.4	%

UNITED ARAB EMIRATES — (0.6%)
	Other Securities				40,760,055		0.6	%

UNITED STATES — (0.0%)
	Other Security				1,379,532		0.0	%

TOTAL COMMON STOCKS					6,243,660,106		99.0	%

PREFERRED STOCKS — (0.7%)
BRAZIL — (0.7%)
	Other Securities				42,291,948		0.7	%

CHILE — (0.0%)
	Other Security				975,429		0.0	%

COLOMBIA — (0.0%)
	Other Securities				2,163,748		0.0	%

SOUTH KOREA — (0.0%)
	Other Securities				220,593		0.0	%

TOTAL PREFERRED STOCKS					45,651,718		0.7	%

213

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value »		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
THAILAND — (0.0%)
	Other Securities			$	372,849		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,711,438,631)					6,289,684,673


				Value†
SECURITIES LENDING COLLATERAL — (1.7%) @§ The DFA Short Term Investment Fund			9,324,531		107,884,825		1.7	%

TOTAL INVESTMENTS— (100.0%) (Cost $3,819,309,985)				$	6,397,569,498		101.4	%

As of October 31, 2021, The Emerging Markets Series had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index.		650		12/17/21	$	42,358,988	$	41,015,000	$	(1,343,988	)
S&P 500^® Emini Index.		26		12/17/21		5,584,545		5,976,100		391,555

Total Futures Contracts.					$	47,943,533	$	46,991,100	$	(952,433	)

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	191,116,553		—		—	$	191,116,553
Chile		13,782,759	$	12,913,745		—		26,696,504
China		354,617,905		1,652,811,475	$	4,505,901		2,011,935,281
Colombia		12,316,697		—		—		12,316,697
Czech Republic		—		9,027,755		—		9,027,755
Egypt		3,183		3,888,408		—		3,891,591
Greece		—		16,687,636		13,128		16,700,764
Hong Kong		930,840		4,601,344		—		5,532,184
Hungary		—		21,255,120		—		21,255,120
India		39,363,772		809,889,695		—		849,253,467
Indonesia		—		111,668,223		—		111,668,223
Malaysia		—		98,689,277		—		98,689,277
Mexico		131,210,831		—		—		131,210,831
Netherlands		—		3,847,242		—		3,847,242
Peru		6,418,615		—		—		6,418,615
Philippines		1,560,460		46,132,924		—		47,693,384
Poland		—		54,588,905		—		54,588,905
Qatar		—		37,606,118		—		37,606,118
Russia		15,912,841		69,384,711		—		85,297,552
Saudi Arabia		—		209,187,727		—		209,187,727
South Africa		40,943,383		186,045,781		—		226,989,164
South Korea		8,895,927		830,485,729		—		839,381,656

214

THE EMERGING MARKETS SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Taiwan	$	5,760,517		$	1,051,555,679	$	7,461		$	1,057,323,657
Thailand		115,888,768			—		—			115,888,768
Turkey		—			28,003,484		—			28,003,484
United Arab Emirates		—			40,760,055		—			40,760,055
United States		1,379,532			—		—			1,379,532
Preferred Stocks
Brazil		42,291,948			—		—			42,291,948
Chile		—			975,429		—			975,429
Colombia		2,163,748			—		—			2,163,748
South Korea		—			220,593		—			220,593
Rights/Warrants
Thailand		—			372,849		—			372,849
Securities Lending Collateral		—			107,884,825		—			107,884,825
Futures Contracts**		(952,433	)		—		—			(952,433	)

TOTAL	$	983,605,846		$	5,408,484,729	$	4,526,490	^	$	6,396,617,065

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

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

See accompanying Notes to Financial Statements.

215

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


			Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (96.7%)
BRAZIL — (3.6%)
*		Petro Rio SA		3,259,660	$	13,555,445		0.3	%
		TOTVS SA		1,646,258		9,555,870		0.2	%
		Transmissora Alianca de Energia Eletrica SA		1,415,423		9,194,055		0.2	%
		Other Securities				157,659,109		3.0	%

TOTAL BRAZIL						189,964,479		3.7	%

CHILE — (0.5%)
		Other Securities				28,698,405		0.6	%

CHINA — (26.3%)
*		51job, Inc., ADR		134,562		8,014,513		0.2	%
		AAC Technologies Holdings, Inc.		2,265,000		9,789,819		0.2	%
#		Bosideng International Holdings Ltd.		13,134,000		10,176,925		0.2	%
		China Conch Venture Holdings Ltd.		2,567,000		12,473,940		0.3	%
		China Everbright Environment Group Ltd.		15,300,000		10,510,411		0.2	%
		China Medical System Holdings Ltd.		6,331,500		10,720,614		0.2	%
		China Meidong Auto Holdings Ltd.		2,280,000		11,778,083		0.2	%
#		China Power International Development Ltd.		17,284,333		8,683,460		0.2	%
#		China Resources Cement Holdings Ltd.		10,766,000		9,053,174		0.2	%
		China Resources Power Holdings Co. Ltd.		5,582,000		14,447,459		0.3	%
		China Taiping Insurance Holdings Co. Ltd.		6,435,200		9,792,382		0.2	%
		Chinasoft International Ltd.		9,800,000		16,363,347		0.3	%
		Dongfeng Motor Group Co. Ltd., Class H		8,526,000		7,940,750		0.2	%
#		Dongyue Group Ltd.		5,073,000		11,802,904		0.3	%
#*††		GCL-Poly Energy Holdings Ltd.		71,015,000		13,554,049		0.3	%
		Haitian International Holdings Ltd.		2,659,000		7,749,639		0.2	%
		Hengan International Group Co. Ltd.		2,283,500		11,933,416		0.3	%
		Hopson Development Holdings Ltd.		2,891,350		7,845,867		0.2	%
*W		Hua Hong Semiconductor Ltd.		2,037,000		10,222,196		0.2	%
#*		JinkoSolar Holding Co. Ltd., ADR		168,450		10,076,679		0.2	%
		Kingboard Holdings Ltd.		2,738,421		11,933,504		0.3	%
		Kingsoft Corp. Ltd.		3,235,800		13,807,297		0.3	%
		Kunlun Energy Co. Ltd.		13,120,000		11,949,431		0.3	%
		Minth Group Ltd.		3,117,000		12,388,331		0.3	%
		Nine Dragons Paper Holdings Ltd.		7,447,000		9,364,604		0.2	%
#		Shandong Weigao Group Medical Polymer Co. Ltd.,
		Class H		4,728,000		8,053,345		0.2	%
		Sinopharm Group Co. Ltd., Class H		3,858,800		9,162,773		0.2	%
		Wharf Holdings Ltd.		2,285,000		7,944,418		0.2	%
W		Yadea Group Holdings Ltd.		4,848,000		8,329,692		0.2	%
#		Yihai International Holding Ltd.		1,546,000		9,055,867		0.2	%
*		Zhuzhou CRRC Times Electric Co., Class H		1,775,000		8,481,861		0.2	%
		Other Securities				1,062,128,452		19.8	%
	��
TOTAL CHINA						1,385,529,202		27.0	%

COLOMBIA — (0.2%)
		Other Securities				8,479,068		0.2	%

GREECE — (0.3%)
		Other Securities				16,354,784		0.3	%

216

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
HONG KONG — (0.2%)
	Other Securities			$	10,277,210		0.2	%

HUNGARY — (0.1%)
	Other Securities				4,328,456		0.1	%

INDIA — (14.8%)
	Adani Enterprises Ltd.		453,788		8,641,485		0.2	%
	Crompton Greaves Consumer Electricals Ltd.		1,658,783		10,335,675		0.2	%
	Mphasis Ltd.		249,485		10,818,021		0.2	%
	Persistent Systems Ltd.		231,687		12,169,563		0.2	%
	Tata Power Co. Ltd.		4,179,112		12,094,135		0.2	%
	Tube Investments of India Ltd.		445,137		8,319,447		0.2	%
	Zee Entertainment Enterprises Ltd.		2,031,434		8,203,858		0.2	%
	Other Securities				711,338,472		13.9	%

TOTAL INDIA					781,920,656		15.3	%

INDONESIA — (1.7%)
	Other Securities				90,677,432		1.8	%

MALAYSIA — (1.6%)
	Other Securities				86,798,444		1.7	%

MEXICO — (2.4%)
#*	Grupo Simec SAB de CV, Class B		959,651		7,924,532		0.2	%
*	Industrias CH SAB de CV, Class B		1,830,376		15,869,541		0.3	%
	Other Securities				101,377,483		1.9	%

TOTAL MEXICO					125,171,556		2.4	%

PHILIPPINES — (1.0%)
	Other Securities				54,455,930		1.1	%

POLAND — (1.2%)
	Grupa Kety SA		58,412		9,172,305		0.2	%
	Other Securities				51,404,701		1.0	%

TOTAL POLAND					60,577,006		1.2	%

QATAR — (0.5%)
	Other Securities				27,109,917		0.5	%

RUSSIA — (0.3%)
	Other Securities				15,459,484		0.3	%

SAUDI ARABIA — (2.7%)
	Other Securities				139,726,858		2.7	%

SOUTH AFRICA — (3.7%)
	Barloworld Ltd.		1,009,065		8,474,223		0.2	%
*	Foschini Group Ltd.		934,267		7,922,967		0.2	%
	SPAR Group Ltd.		617,202		7,880,596		0.2	%
#	Woolworths Holdings Ltd.		3,014,039		10,609,503		0.2	%
	Other Securities				162,316,269		3.0	%

TOTAL SOUTH AFRICA					197,203,558		3.8	%

217

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (15.5%)
#	Wemade Co. Ltd.		85,510	$	13,380,561		0.3	%
	Other Securities				801,898,275		15.6	%

TOTAL SOUTH KOREA					815,278,836		15.9	%

TAIWAN — (16.4%)
#	TA Chen Stainless Pipe		6,855,946		10,848,523		0.2	%
	Other Securities				855,859,869		16.7	%

TOTAL TAIWAN					866,708,392		16.9	%

THAILAND — (2.5%)
	Other Securities				129,555,886		2.5	%

TURKEY — (0.7%)
	Other Securities				37,538,108		0.7	%

UNITED ARAB EMIRATES — (0.5%)
	Other Securities				24,862,263		0.5	%

UNITED KINGDOM — (0.0%)
	Other Security				881,800		0.0	%

TOTAL COMMON STOCKS.					5,097,557,730		99.4	%

PREFERRED STOCKS — (0.6%)
BRAZIL — (0.6%)
	Other Securities				29,697,009		0.6	%

CHILE — (0.0%)
	Other Security				653,901		0.0	%

PHILIPPINES — (0.0%)
	Other Security				569,875		0.0	%

THAILAND — (0.0%)
	Other Security				1,701,800		0.0	%

TOTAL PREFERRED STOCKS					32,622,585		0.6	%

RIGHTS/WARRANTS — (0.0%)
CHILE — (0.0%)
	Other Securities				287		0.0	%

INDONESIA — (0.0%)
	Other Security				6,211		0.0	%

SOUTH KOREA — (0.0%)
	Other Securities				25,734		0.0	%

TAIWAN — (0.0%)
	Other Securities				39,291		0.0	%

218

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
THAILAND — (0.0%)
	Other Securities.			$	192,848		0.0	%

TOTAL RIGHTS/WARRANTS					264,371		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,960,382,989).					5,130,444,686


				Value†
SECURITIES LENDING COLLATERAL — (2.7%)
@§	The DFA Short Term Investment Fund		12,375,122		143,180,163		2.8	%

TOTAL INVESTMENTS—(100.0%) (Cost $4,103,547,624).				$	5,273,624,849		102.8	%

As of October 31, 2021, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

E-Mini MSCI Emerging Markets Index.

400

12/17/21

25,186,156

25,240,000

53,844

Total Futures Contracts.

25,186,156

25,240,000

53,844

Summary of the Series’ investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	189,964,479		—		—	$	189,964,479
Chile		53,743	$	28,644,662		—		28,698,405
China		88,808,409		1,273,676,800	$	23,043,993		1,385,529,202
Colombia		8,479,068		—		—		8,479,068
Greece		—		16,354,784		—		16,354,784
Hong Kong		1,120,518		8,861,567		295,125		10,277,210
Hungary		—		4,328,456		—		4,328,456
India		1,286,534		780,623,279		10,843		781,920,656
Indonesia		232,661		89,424,388		1,020,383		90,677,432
Malaysia		—		86,797,023		1,421		86,798,444
Mexico		118,747,907		6,406,078		17,571		125,171,556
Philippines		—		54,449,567		6,363		54,455,930
Poland		—		60,577,006		—		60,577,006
Qatar		—		27,109,917		—		27,109,917
Russia		15,459,484		—		—		15,459,484
Saudi Arabia		764,967		138,961,891		—		139,726,858
South Africa		7,373,876		189,829,682		—		197,203,558
South Korea		390,687		813,492,034		1,396,115		815,278,836
Taiwan		—		866,392,584		315,808		866,708,392
Thailand		129,543,804		—		12,082		129,555,886
Turkey		—		37,538,108		—		37,538,108
United Arab Emirates		—		24,786,935		75,328		24,862,263
United Kingdom		—		881,800		—		881,800

219

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Preferred Stocks
Brazil	$	29,618,432	$	78,577		—	$	29,697,009
Chile		—		653,901		—		653,901
Philippines		—		569,875		—		569,875
Thailand		1,701,800		—		—		1,701,800
Rights/Warrants
Chile		—		287		—		287
Indonesia		—		6,211		—		6,211
South Korea		—		25,734		—		25,734
Taiwan		—		39,291		—		39,291
Thailand		—		192,848		—		192,848
Securities Lending Collateral		—		143,180,163		—		143,180,163
Futures Contracts**		53,844		—		—		53,844

TOTAL	$	593,600,213	$	4,653,883,448	$	26,195,032^	$	5,273,678,693

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

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

See accompanying Notes to Financial Statements.

220

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

(Amounts in thousands)


	The DFA International Value Series*		The Japanese Small Company Series*		The Asia Pacific Small Company Series*		The United Kingdom Small Company Series*
ASSETS:
Investment Securities at Value (including $499,686, $126,139, $139,195 and $13,650 of securities on loan, respectively)	$	12,092,701	$	3,387,960	$	1,819,205	$	1,887,889
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $495,266, $61,477, $40,602 and $15,627, respectively)		495,353		61,490		40,607		15,631
Segregated Cash for Futures Contracts		4,416		—		—		—
Foreign Currencies at Value		76,624		1,399		4,461		5,028
Cash		111		1,080		71		500
Receivables:
Investment Securities Sold		60,993		3,578		5,517		1,844
Dividends, Interest and Tax Reclaims		79,542		24,682		216		5,823
Securities Lending Income		333		124		337		7
Futures Margin Variation		183		—		—		—
Unrealized Gain on Foreign Currency Contracts		48		5		1		—
Prepaid Expenses and Other Assets		1		—		—		—

Total Assets		12,810,305		3,480,318		1,870,415		1,916,722

LIABILITIES:
Payables:
Upon Return of Securities Loaned		495,235		61,522		40,608		15,631
Investment Securities Purchased		2,440		1,796		6,388		3,386
Due to Advisor		2,085		291		152		161
Line of Credit		11,495		—		—		—
Accrued Expenses and Other Liabilities		1,557		565		300		268

Total Liabilities		512,812		64,174		47,448		19,446

NET ASSETS	$	12,297,493	$	3,416,144	$	1,822,967	$	1,897,276

Investment Securities at Cost	$	10,175,872	$	2,886,201	$	1,603,374	$	1,462,299

Foreign Currencies at Cost	$	75,248	$	1,398	$	4,419	$	5,057

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

See accompanying Notes to Financial Statements.

221

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

(Amounts in thousands)


	The Continental Small Company Series*		The Canadian Small Company Series*		The Emerging Markets Series*		The Emerging Markets Small Cap Series*
ASSETS:
Investment Securities at Value (including $279,785, $271,498, $255,568 and $646,636 of securities on loan, respectively)	$	6,512,464	$	1,448,081	$	6,289,685	$	5,130,445
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $297,243, $276,398, $107,871 and $143,165, respectively)		297,271		276,415		107,885		143,180
Segregated Cash for Futures Contracts		—		—		2,671		1,459
Foreign Currencies at Value		3,116		1,148		35,516		13,480
Cash		5		2		21,819		—
Receivables:
Investment Securities Sold		1,462		1,655		8,411		44,515
Dividends, Interest and Tax Reclaims		23,213		643		5,014		5,242
Securities Lending Income		348		189		527		1,977
Unrealized Gain on Foreign Currency Contracts		—		—		—		3
Prepaid Expenses and Other Assets		—		—		—		1

Total Assets		6,837,879		1,728,133		6,471,528		5,340,302

LIABILITIES:
Payables:
Due to Custodian		—		—		—		78
Upon Return of Securities Loaned		297,321		276,415		107,898		143,144
Investment Securities Purchased		—		—		5,251		279
Due to Advisor		544		122		543		890
Line of Credit		—		—		—		26,819
Futures Margin Variation		—		—		576		1,406
Unrealized Loss on Foreign Currency Contracts		—		—		1		16
Deferred Taxes Payable		—		—		46,353		37,109
Accrued Expenses and Other Liabilities		909		188		1,576		1,842

Total Liabilities		298,774		276,725		162,198		211,583

NET ASSETS	$	6,539,105	$	1,451,408	$	6,309,330	$	5,128,719

Investment Securities at Cost	$	4,543,679	$	1,069,057	$	3,711,439	$	3,960,383

Foreign Currencies at Cost	$	3,111	$	1,147	$	32,760	$	11,272

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

See accompanying Notes to Financial Statements.

222

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	The DFA International Value Series^#			The Japanese Small Company Series^#			The Asia Pacific Small Company Series^#			The United Kingdom Small Company Series^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $42,113, $7,717, $667 and $525, respectively)	$	442,829		$	69,576		$	61,273		$	45,323
Income from Securities Lending		4,302			1,944			3,634			478

Total Investment Income		447,131			71,520			64,907			45,801

Expenses
Investment Management Fees		24,048			3,206			1,834			1,924
Accounting & Transfer Agent Fees		541			144			78			81
Custodian Fees		879			385			200			81
Shareholders’ Reports		38			26			23			23
Directors’/Trustees’ Fees & Expenses		131			36			22			21
Professional Fees		191			38			22			24
Other		410			108			68			60

Total Expenses		26,238			3,943			2,247			2,214

Fees Paid Indirectly (Note C)		70			3			1			1

Net Expenses		26,168			3,940			2,246			2,213

Net Investment Income (Loss)		420,963			67,580			62,661			43,588

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		468,390			106,212			188,465			99,258
Affiliated Investment Companies Shares Sold		(27	)		4			(3	)		1
Futures		29,155			—			—			(120	)
Foreign Currency Transactions		4,495			(32	)		(238	)		291
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		3,710,810			204,124			322,334			602,698
Affiliated Investment Companies Shares		(30	)		(6	)		(1	)		(3	)
Futures		5,251			—			—			—
Translation of Foreign Currency-Denominated Amounts		(1,694	)		(657	)		8			25

Net Realized and Unrealized Gain (Loss)		4,216,350			309,645			510,565			702,150

Net Increase (Decrease) in Net Assets Resulting from Operations	$	4,637,313		$	377,225		$	573,226		$	745,738

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

223

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	The Continental Small Company Series^#			The Canadian Small Company Series^#			The Emerging Markets Series^#			The Emerging Markets Small Cap Series^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $21,096, $3,954, $20,102 and $14,942, respectively)	$	126,316		$	24,196		$	162,117		$	129,818
Income from Securities Lending		7,004			2,268			4,732			18,805

Total Investment Income		133,320			26,464			166,849			148,623

Expenses
Investment Management Fees		5,961			1,308			6,486			10,881
Accounting & Transfer Agent Fees		270			52			296			252
Custodian Fees.		698			75			2,262			2,743
Shareholders’ Reports.		28			15			30			30
Directors’/Trustees’ Fees & Expenses		64			15			74			61
Professional Fees		87			47			296			269
Other		229			40			234			245

Total Expenses		7,337			1,552			9,678			14,481

Fees Paid Indirectly (Note C)		8			2			49			26

Net Expenses.		7,329			1,550			9,629			14,455

Net Investment Income (Loss)		125,991			24,914			157,220			134,168

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		392,015			167,819			399,802			591,471
Affiliated Investment Companies Shares Sold		2			(11	)		—			(4	)
Futures.		—			42			13,167			5,812
Foreign Currency Transactions		(1,344	)		445			(3,699	)		(3,794	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		1,753,296			390,372			694,801			925,173
Affiliated Investment Companies Shares		(21	)		(6	)		(10	)		(6	)
Futures.		—			—			(990	)		(191	)
Translation of Foreign Currency-Denominated Amounts		(445	)		3			(9	)		(6	)

Net Realized and Unrealized Gain (Loss)		2,143,503			558,664			1,103,062			1,518,455
						��
Net Increase (Decrease) in Net Assets Resulting from Operations.	$	2,269,494		$	583,578		$	1,260,282		$	1,652,623

**	Net of foreign capital gain taxes withheld of $0, $0, $50 and $2,309, respectively.

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

224

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	The DFA International Value Series						The Japanese Small Company Series						The Asia Pacific Small Company Series
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	420,963		$	297,585		$	67,580		$	69,080		$	62,661		$	62,699
Net Realized Gain (Loss) on:
Investment Securities Sold,*		468,390			(566,996	)		106,212			(64,936	)		188,465			(77,003	)
Affiliated Investment Companies Shares Sold		(27	)		72			4			(9	)		(3	)		(11	)
Futures		29,155			40,717			—			—			—			608
Foreign Currency Transactions		4,495			3,123			(32	)		228			(238	)		(267	)
Change in Unrealized Appreciation
(Depreciation) of:
Investment Securities and Foreign Currency		3,710,810			(2,004,930	)		204,124			(116,647	)		322,334			(1,299	)
Affiliated Investment Companies Shares		(30	)		85			(6	)		9			(1	)		1
Futures		5,251			(3,281	)		—			—			—			—
Translation of Foreign
Currency-Denominated Amounts		(1,694	)		1,379			(657	)		182			8			1

Net Increase (Decrease) in Net Assets Resulting from Operations		4,637,313			(2,232,246	)		377,225			(112,093	)		573,226			(15,271	)

Transactions in Interest:
Contributions		152,792			1,038,679			441,236			71,736			105,831			82,954
Withdrawals		(1,974,162	)		(1,745,733	)		(345,470	)		(764,667	)		(383,104	)		(182,512	)

Net Increase (Decrease) from Transactions in Interest		(1,821,370	)		(707,054	)		95,766			(692,931	)		(277,273	)		(99,558	)

Total Increase (Decrease) in Net Assets		2,815,943			(2,939,300	)		472,991			(805,024	)		295,953			(114,829	)
Net Assets
Beginning of Year		9,481,550			12,420,850			2,943,153			3,748,177			1,527,014			1,641,843

End of Year	$	12,297,493		$	9,481,550		$	3,416,144		$	2,943,153		$	1,822,967		$	1,527,014

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

225

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	The United Kingdom Small Company Series						The Continental Small Company Series						The Canadian Small Company Series
	Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2021			2020			2021			2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	43,588		$	42,407		$	125,991		$	109,276		$	24,914		$	20,882
Net Realized Gain (Loss) on:
Investment Securities Sold,*		99,258			(34,350	)		392,015			92,887			167,819			(221,703	)
Affiliated Investment Companies Shares Sold		1			(1	)		2			(26	)		(11	)		(8	)
Futures		(120	)		(394	)		—			(260	)		42			—
Foreign Currency Transactions		291			(444	)		(1,344	)		1,299			445			(151	)
Change in Unrealized Appreciation
(Depreciation) of:
Investment Securities and Foreign Currency		602,698			(329,338	)		1,753,296			(384,869	)		390,372			206,814
Affiliated Investment Companies Shares		(3	)		4			(21	)		(9	)		(6	)		3
Translation of Foreign Currency-Denominated Amounts		25			(381	)		(445	)		825			3			(2	)

Net Increase (Decrease) in Net Assets Resulting from Operations		745,738			(322,497	)		2,269,494			(180,877	)		583,578			5,835

Transactions in Interest:
Contributions		46,399			5,810			513,046			135,156			164,451			6,817
Withdrawals		(370,643	)		(484,982	)		(845,380	)		(959,829	)		(267,504	)		(190,384	)

Net Increase (Decrease) from Transactions in Interest		(324,244	)		(479,172	)		(332,334	)		(824,673	)		(103,053	)		(183,567	)

Total Increase (Decrease) in Net Assets		421,494			(801,669	)		1,937,160			(1,005,550	)		480,525			(177,732	)
Net Assets
Beginning of Year		1,475,782			2,277,451			4,601,945			5,607,495			970,883			1,148,615

End of Year	$	1,897,276		$	1,475,782		$	6,539,105		$	4,601,945		$	1,451,408		$	970,883

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $0, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

226

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	The Emerging Markets Series						The Emerging Markets Small Cap Series
	Year			Year			Year			Year
	Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2021			2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	157,220		$	137,835		$	134,168		$	145,155
Net Realized Gain (Loss) on:
Investment Securities Sold,*		399,802			52,822			591,471			(389,082	)
Affiliated Investment Companies Shares Sold		—			(9	)		(4	)		(5	)
Futures		13,167			20,410			5,812			16,698
Foreign Currency Transactions		(3,699	)		(3,976	)		(3,794	)		(4,808	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		694,801			21,823			925,173			127,570
Affiliated Investment Companies Shares		(10	)		3			(6	)		(2	)
Futures		(990	)		(366	)		(191	)		(512	)
Translation of Foreign Currency-Denominated Amounts		(9	)		(16	)		(6	)		(103	)

Net Increase (Decrease) in Net Assets Resulting from Operations		1,260,282			228,526			1,652,623			(105,089	)

Transactions in Interest:
Contributions		553,796			607,207			95,865			184,927
Withdrawals		(1,229,073	)		(1,145,570	)		(1,526,723	)		(1,603,251	)
Net Increase (Decrease) from Transactions in Interest		(675,277	)		(538,363	)		(1,430,858	)		(1,418,324	)

Total Increase (Decrease) in Net Assets		585,005			(309,837	)		221,765			(1,523,413	)
Net Assets
Beginning of Year		5,724,325			6,034,162			4,906,954			6,430,367

End of Year	$	6,309,330		$	5,724,325		$	5,128,719		$	4,906,954
											��

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $50 and $2,309, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $163 and $163, respectively.

See accompanying Notes to Financial Statements.

227

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The DFA International Value Series															The Japanese Small Company Series
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017
Total Return		51.09	%		(18.68	%)		3.60	%		(8.10	%)		26.53	%		13.08	%		(1.93	%)		4.47	%		(7.46	%)		27.10	%

Net Assets, End of Year (thousands)	$	12,297,493		$	9,481,550		$	12,420,850		$	12,153,340		$	12,732,150		$	3,416,144		$	2,943,153		$	3,748,177		$	3,834,097		$	3,989,049
Ratio of Expenses to Average Net Assets		0.22	%		0.21	%		0.21	%		0.22	%		0.22	%		0.12	%		0.13	%		0.12	%		0.12	%		0.13	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.22	%		0.22	%		0.22	%		0.22	%		0.22	%		0.12	%		0.13	%		0.12	%		0.12	%		0.13	%
Ratio of Net Investment Income to Average Net Assets		3.50	%		2.77	%		3.92	%		3.21	%		3.33	%		2.11	%		2.13	%		2.32	%		1.90	%		1.90	%
Portfolio Turnover Rate		9	%		12	%		16	%		20	%		17	%		11	%		5	%		12	%		17	%		13	%

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

See accompanying Notes to Financial Statements.

228

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The Asia Pacific Small Company Series															The United Kingdom Small Company Series
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Total Return		38.31	%		0.14	%		5.27	%		(8.14	%)		16.21	%		51.93	%		(14.87	%)		10.67	%		(8.90	%)		29.87	%

Net Assets, End of Year (thousands)	$	1,822,967		$	1,527,014		$	1,641,843		$	1,730,371		$	1,815,705		$	1,897,276		$	1,475,782		$	2,277,451		$	2,188,825		$	2,329,912
Ratio of Expenses to Average Net Assets		0.12	%		0.13	%		0.13	%		0.13	%		0.13	%		0.12	%		0.12	%		0.11	%		0.11	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.12	%		0.13	%		0.13	%		0.13	%		0.13	%		0.12	%		0.12	%		0.12	%		0.11	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		3.42	%		4.21	%		4.11	%		3.96	%		3.82	%		2.27	%		2.38	%		3.43	%		3.23	%		3.40	%
Portfolio Turnover Rate		19	%		18	%		18	%		18	%		14	%		12	%		9	%		18	%		14	%		9	%

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

See accompanying Notes to Financial Statements.

229

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The Continental Small Company Series															The Canadian Small Company Series
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Total Return		51.24	%		(2.23	%)		8.43	%		(10.78	%)		34.27	%		59.72	%		6.02	%		1.00	%		(10.44	%)		12.10	%

Net Assets, End of Year (thousands)	$	6,539,105		$	4,601,945		$	5,607,495		$	5,422,260		$	5,751,059		$	1,451,408		$	970,883		$	1,148,615		$	1,146,811		$	1,190,222
Ratio of Expenses to Average Net Assets		0.12	%		0.12	%		0.12	%		0.12	%		0.13	%		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.12	%		0.12	%		0.13	%		0.12	%		0.13	%		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		2.11	%		2.15	%		2.74	%		2.51	%		2.33	%		1.90	%		2.08	%		2.37	%		2.11	%		2.14	%
Portfolio Turnover Rate		17	%		8	%		17	%		15	%		13	%		27	%		18	%		12	%		14	%		22	%

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

See accompanying Notes to Financial Statements.

230

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The Emerging Markets Series															The Emerging Markets Small Cap Series
	Year			Year			Year			Year			Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2021			2020			2019			2018			2017			2021			2020			2019			2018			2017
Total Return		22.22	%		2.67	%		11.40	%		(11.83	%)		25.26	%		36.03	%		1.25	%		13.47	%		(16.06	%)		21.55	%

Net Assets, End of Year (thousands)	$	6,309,330		$	5,724,325		$	6,034,162		$	5,469,649		$	6,723,207		$	5,128,719		$	4,906,954		$	6,430,367		$	6,306,302		$	7,253,457
Ratio of Expenses to Average Net Assets		0.15	%		0.13	%		0.14	%		0.14	%		0.15	%		0.27	%		0.25	%		0.24	%		0.24	%		0.27	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.15	%		0.14	%		0.15	%		0.14	%		0.15	%		0.27	%		0.26	%		0.25	%		0.24	%		0.27	%
Ratio of Net Investment Income to Average Net Assets		2.42	%		2.38	%		3.04	%		2.40	%		2.23	%		2.47	%		2.64	%		2.90	%		2.77	%		2.78	%
Portfolio Turnover Rate		19	%		22	%		9	%		12	%		8	%		16	%		18	%		12	%		12	%		15	%

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

See accompanying Notes to Financial Statements.

231

THE DFA INVESTMENT TRUST COMPANY

NOTES TO FINANCIAL STATEMENTS

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 ten operational portfolios, eight of which, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are included in this section of the report (collectively, the “Series”). The remaining operational portfolios are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. 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 fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

•

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

•

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

•

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

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Series value the securities within the range of the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE). These securities are generally categorized as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

232

The Series will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time that the net asset values of the Series are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series price their shares at the close of the NYSE, the Series will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the Series’ foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Trustees of the Series has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When a Series uses fair value pricing, the values assigned to the Series’ foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

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

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

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

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series, whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Series enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series do not isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

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

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

233

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of Trustees of the Trust; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

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

The Emerging Markets Series and The Emerging Markets Small Cap Series are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Series. For the year ended October 31, 2021, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:


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

234

Earned Income Credit:

Additionally, the Series have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Series’ custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Series’ net assets. During the year ended October 31, 2021, expenses reduced were as follows (amounts in thousands):


	Fees Paid
	Indirectly
The DFA International Value Series	$	70
The Japanese Small Company Series		3
The Asia Pacific Small Company Series		1
The United Kingdom Small Company Series		1
The Continental Small Company Series		8
The Canadian Small Company Series		2
The Emerging Markets Series		49
The Emerging Markets Small Cap Series		26

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. For the year ended October 31, 2021, the total related amounts paid by the Trust to the CCO were $26 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statements of Operations.

D. Deferred Compensation:

As of October 31, 2021, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):


The DFA International Value Series	$	389
The Japanese Small Company Series		101
The Asia Pacific Small Company Series		52
The United Kingdom Small Company Series		62
The Continental Small Company Series		141
The Canadian Small Company Series		32
The Emerging Markets Series		176
The Emerging Markets Small Cap Series		150

E. Purchases and Sales of Securities:

For the year ended October 31, 2021, the Series’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:


	Purchases		Sales
The DFA International Value Series	$	1,057,912	$	2,455,633
The Japanese Small Company Series	$	508,748	$	350,428
The Asia Pacific Small Company Series	$	343,076	$	514,881
The United Kingdom Small Company Series	$	217,918	$	364,730
The Continental Small Company Series	$	966,589	$	1,164,474
The Canadian Small Company Series	$	347,529	$	402,802
The Emerging Markets Series	$	1,231,500	$	1,751,073
The Emerging Markets Small Cap Series	$	846,765	$	2,091,552

235

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

For the year ended October 31, 2021, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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


										Change in
							Net Realized			Unrealized
	Balance at		Purchases		Proceeds		Gain/(Loss)			Appreciation/			Balance at		Shares as of		Dividend		Capital Gain
	October 31, 2020		at Cost		from Sales		on Sales			Depreciation			October 31, 2021		October 31, 2021		Income		Distributions
The DFA International Value Series
The DFA Short Term Investment Fund	$	264,011	$	5,234,731	$	5,003,332	$	(27	)	$	(30	)	$	495,353		42,814	$	372		—

Total	$	264,011	$	5,234,731	$	5,003,332	$	(27	)	$	(30	)	$	495,353		42,814	$	372		—

The Japanese Small Company Series
The DFA Short Term Investment Fund	$	57,849	$	466,337	$	462,694	$	4		$	(6	)	$	61,490		5,315	$	39		—

Total	$	57,849	$	466,337	$	462,694	$	4		$	(6	)	$	61,490		5,315	$	39		—

The Asia Pacific Small Company Series
The DFA Short Term Investment Fund	$	42,048	$	240,238	$	241,675	$	(3	)	$	(1	)	$	40,607		3,510	$	26		—

Total	$	42,048	$	240,238	$	241,675	$	(3	)	$	(1	)	$	40,607		3,510	$	26		—

The United Kingdom Small Company Series
The DFA Short Term Investment Fund	$	31,246	$	119,684	$	135,297	$	1		$	(3	)	$	15,631		1,351	$	17		—

Total	$	31,246	$	119,684	$	135,297	$	1		$	(3	)	$	15,631		1,351	$	17		—

The Continental Small
Company Series
The DFA Short Term Investment Fund	$	324,418	$	1,169,762	$	1,196,890	$	2		$	(21	)	$	297,271		25,693	$	188		—

Total	$	324,418	$	1,169,762	$	1,196,890	$	2		$	(21	)	$	297,271		25,693	$	188		—

The Canadian Small Company Series
The DFA Short Term Investment Fund	$	146,332	$	1,107,263	$	977,163	$	(11	)	$	(6	)	$	276,415		23,891	$	126		—

Total	$	146,332	$	1,107,263	$	977,163	$	(11	)	$	(6	)	$	276,415		23,891	$	126		—

236


										Change in
							Net Realized			Unrealized
	Balance at		Purchases		Proceeds		Gain/(Loss)			Appreciation/			Balance at		Shares as of		Dividend		Capital Gain
	October 31, 2020		at Cost		from Sales		on Sales			Depreciation			October 31, 2021		October 31, 2021		Income		Distributions
The Emerging Markets Series
The DFA Short Term Investment Fund	$	86,837	$	576,356	$	555,298		—		$	(10	)	$	107,885		9,325	$	57		—

Total	$	86,837	$	576,356	$	555,298		—		$	(10	)	$	107,885		9,325	$	57		—

The Emerging Markets Small Cap Series
The DFA Short Term Investment Fund	$	122,611	$	544,541	$	523,962	$	(4	)	$	(6	)	$	143,180		12,375	$	90		—

Total	$	122,611	$	544,541	$	523,962	$	(4	)	$	(6	)	$	143,180		12,375	$	90		—

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.


								Net
								Unrealized
	Federal		Unrealized		Unrealized			Appreciation
	Tax Cost		Appreciation		(Depreciation)			(Depreciation)
The DFA International Value Series	$	10,742,970	$	2,741,089	$	(895,956	)	$	1,845,133
The Japanese Small Company Series		3,036,953		763,330		(350,827	)		412,503
The Asia Pacific Small Company Series		1,685,638		452,057		(277,883	)		174,174
The United Kingdom Small Company Series		1,501,097		609,599		(207,176	)		402,423
The Continental Small Company Series		4,892,350		2,378,869		(461,485	)		1,917,384
The Canadian Small Company Series		1,375,270		436,055		(86,829	)		349,226
The Emerging Markets Series		3,848,753		2,821,339		(269,763	)		2,551,576
The Emerging Markets Small Cap Series		4,224,484		1,705,745		(656,617	)		1,049,128

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Series’ tax positions and has concluded that no additional provision for income tax is required in any Series’ financial statements. The Series are not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

237

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:

Series that have significant exposure to certain countries, such as The United Kingdom Small Company Series that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom’s (UK) exit from the EU (referred to as “Brexit”). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Series, during this period and beyond, the impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Series’ investments.

Derivative Financial Instruments:

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

2. Futures Contracts: The Series listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, a Series deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

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

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2021 was as follows (amounts in thousands):


	Futures*
The DFA International Value Series	$	94,192
The Canadian Small Company Series		143
The Emerging Markets Series		66,202
The Emerging Markets Small Cap Series	$	36,430

*	Average Notional Value of futures contracts

238

The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of October 31, 2021 (amounts in thousands):


	Asset Derivatives Value
	Total Value
	at		Equity
	October 31, 2021		*Contracts,(1)**
The DFA International Value Series	$	3,015	$	3,015
The Emerging Markets Series		392		392
The Emerging Markets Small Cap Series		54		54


	Liability Derivatives Value
	Total Value
	at			Equity
	October 31, 2021			Contracts (2)
The Emerging Markets Series	$	(1,344	)	$	(1,344	)

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

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Series’ derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2021 (amounts in thousands):


	Realized Gain (Loss) on
	Derivatives
				Equity
	Total			Contracts (1)
The DFA International Value Series	$	29,155		$	29,155
The United Kingdom Small Company Series		(120	)		(120	)*
The Canadian Small Company Series		42			42	*
The Emerging Markets Series		13,167			13,167
The Emerging Markets Small Cap Series		5,812			5,812


	Change in Unrealized Appreciation
	(Depreciation) on Derivatives
				Equity
	Total			Contracts (2)
The DFA International Value Series	$	5,251		$	5,251
The Emerging Markets Series		(990	)		(990	)
The Emerging Markets Small Cap Series		(191	)		(191	)

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

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

*	As of October 31, 2021, there were no futures contracts outstanding. During the year ended October 31, 2021, the Series had limited activity in futures contracts.

239

H. Line of Credit and Interfund Lending Program:

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 7, 2021, with its domestic custodian bank. A line of credit with similar terms was in effect through April 7, 2021. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 6, 2022.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective January 2, 2021. A line of credit with similar terms was in effect through January 2, 2021. 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 $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2022.

For the year ended October 31, 2021, borrowings by the following Series under the lines of credit were as follows (amounts in thousands, except percentages and days):


	Weighted			Weighted		Number of		Interest		Maximum Amount		Outstanding
	Average			Average		Days		Expense		Borrowed During		Borrowings
	Interest Rate			Loan Balance		Outstanding*		Incurred		the Period		as of 10/31/2021
The DFA International Value Series		0.84	%	$	9,260		30	$	7	$	24,333	$	11,495
The Japanese Small Company Series		0.84	%		6,222		15		2		13,135		—
The Asia Pacific Small Company Series		0.83	%		2,110		53		3		30,520		—
The United Kingdom Small Company Series		0.84	%		168		8		—		578		—
The Continental Small Company Series		0.83	%		44		1		—		44		—
The Canadian Small Company Series		0.83	%		1,329		4		—		4,792		—
The Emerging Markets Series		0.84	%		7,027		13		2		16,724		—
The Emerging Markets Small Cap Series		0.83	%		11,697		24		6		38,728		26,817

*	Number of Days Outstanding represents the total single or consecutive days during the year ended October 31, 2021, that each Series’ available line of credit was used.

240

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

For the year ended October 31, 2021, activity by the Series under the interfund lending program was as follows (amounts in thousands, except percentages and days):


			Weighted			Weighted		Number of		Interest		Maximum Amount		Outstanding
	Borrower or		Average			Average Loan		Days		Expense/		Borrowed/Loaned		Borrowings
	Lender		Interest Rate			Balance		Outstanding*		Income		During the Period		as of 10/31/2021
The DFA International Value Series		Borrower		0.44	%	$	58,886		1	$	1	$	58,886		—
The Asia Pacific Small Company Series		Borrower		0.41	%		49,458		2		1		53,238		—

*	Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2021 that the Series’ utilized the interfund lending program.

I. Affiliated Trades:

Cross trades for the year ended October 31, 2021, if any, were executed by the Series pursuant to procedures adopted by the Board of Trustees of the Trust to ensure compliance with Rule 17a-7 under the Investment Company Act of 1940 (the “1940 Act”). Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Trust.

For the year ended October 31, 2021, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):


Series	Purchases		Sales		Realized Gain (Loss)
The DFA International Value Series	$	139,462	$	107,328	$	1,830
The Japanese Small Company Series		34,237		17,480		3,830
The Asia Pacific Small Company Series		6,846		57,762		28,154
The United Kingdom Small Company Series		30,321		22,619		5,186
The Continental Small Company Series		32,712		81,693		28,056
The Canadian Small Company Series		24,127		76,420		23,603
The Emerging Markets Series		15,292		3,269		413
The Emerging Markets Small Cap Series		1,244		21,122		7,251

241

J. Securities Lending:

As of October 31, 2021, each Series had securities on loan to brokers/dealers, for which each such Series received cash collateral. The Series also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):


	Non-Cash
	Collateral
	Market
	Value
The DFA International Value Series	$	30,754
The Japanese Small Company Series		74,105
The Asia Pacific Small Company Series		113,646
The Continental Small Company Series		14,824
The Canadian Small Company Series		8,455
The Emerging Markets Series		176,351
The Emerging Markets Small Cap Series		554,856

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

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

242


	Remaining Contractual Maturity of the Agreements As of October 31, 2021
	Overnight and				Between
	Continuous		<30 days		30 & 90 days		>90 days		Total
Securities Lending Transactions
The DFA International Value Series
Common Stocks	$	495,235		—		—		—	$	495,235
The Japanese Small Company Series
Common Stocks		61,522		—		—		—		61,522
The Asia Pacific Small Company Series
Common Stocks		40,608		—		—		—		40,608
The United Kingdom Small Company Series
Common Stocks		15,631		—		—		—		15,631
The Continental Small Company Series
Common Stocks, Rights/Warrants		297,321		—		—		—		297,321
The Canadian Small Company Series
Common Stocks, Rights/Warrants		276,415		—		—		—		276,415
The Emerging Markets Series
Common Stocks		107,898		—		—		—		107,898
The Emerging Markets Small Cap Series
Common Stocks		143,144		—		—		—		143,144

K. Indemnitees; Contractual Obligations:

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

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

L. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Series could enter, eliminate the asset segregation framework currently used by the Series to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Series are required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Series.

243

M. Coronavirus (COVID-19) Pandemic:

N. Other:

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

On June 3, 2021, President Biden issued an Executive Order titled ”Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China” (the “Order”). Effective on August 2, 2021, the Order restricts investment in certain companies identified as “Chinese Military Industrial Complex Companies” (CMICs) by the Office of Foreign Asset Control, an agency of the Department of Treasury and the Department of Defense. As of July 27, 2021, the Series have divested of all publicly traded securities identified as CMIC’s listed in the Order.

O. Subsequent Event Evaluations:

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

244

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of The DFA Investment Trust Company and Shareholders of The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, of The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series (eight of the series constituting The DFA Investment Trust Company, hereafter collectively referred to as the “Series”) as of October 31, 2021, the related statements of operations for the year ended October 31, 2021, the statements of changes in net assets for each of the two years in the period ended October 31, 2021, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2021 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Series as of October 31, 2021, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2021, and each of the financial highlights for each of the five years in the period ended October 31, 2021 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinions

These financial statements are the responsibility of the Series’ management. Our responsibility is to express an opinion on the Series’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Series in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2021 by correspondence with the custodian, brokers and transfer agent of the investee fund; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 22, 2021

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P.

investment company group since 1981.

245

DIMENSIONAL EMERGING MARKETS VALUE FUND

PERFORMANCE CHARTS

(Unaudited)


Dimensional Emerging Markets Value Fund vs.
MSCI Emerging Markets Index (net dividends)
October 31, 2011-October 31, 2021
		Past performance is not predictive of future performance. The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. MSCI data ^©MSCI 2021, all rights reserved.

246

MANAGEMENT’S DISCUSSION AND ANALYSIS


International Equity Market Review		12 Months Ended October 31, 2021

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI World ex USA Index		35.59	%
MSCI World ex USA Mid Cap Index		31.20	%
MSCI World ex USA Small Cap Index		37.19	%
MSCI World ex USA Value Index		40.88	%
MSCI World ex USA Growth Index		30.25	%

12 Months Ended October 31, 2021


Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		30.75	%		19.88	%
United Kingdom		35.57	%		43.72	%
Canada		38.56	%		49.05	%
France		48.30	%		47.33	%
Switzerland		28.36	%		28.75	%
Germany		33.47	%		32.60	%
Australia		27.93	%		36.82	%
Netherlands		60.71	%		59.67	%
Sweden		40.26	%		45.36	%
Hong Kong		18.26	%		17.91	%

247

12 Months Ended October 31, 2021


	Return in U.S. Dollars
MSCI Emerging Markets Index		16.96	%
MSCI Emerging Markets Mid Cap Index		31.20	%
MSCI Emerging Markets Small Cap Index		44.29	%
MSCI Emerging Markets Value Index		28.31	%
MSCI Emerging Markets Growth Index		7.38	%

12 Months Ended October 31, 2021


Ten Largest Emerging Markets by Market Cap	Local Return			Return in U.S. Dollars
China		-9.52	%		-9.21	%
Taiwan		38.36	%		42.32	%
Korea		27.78	%		24.08	%
India		51.78	%		50.21	%
Russia		64.53	%		81.80	%
Brazil		10.38	%		12.91	%
Saudi Arabia		56.07	%		56.04	%
South Africa		18.16	%		26.32	%
Mexico		42.35	%		47.44	%
Thailand		34.75	%		26.57	%

Dimensional Emerging Markets Value Fund

The Dimensional Emerging Markets Value Fund invests in value stocks of large and small companies in emerging markets. The investment strategy is process driven, emphasizing broad diversification with increased exposure to stocks with smaller market capitalizations, lower relative price (value), and higher-profitability within the value segment of emerging markets. As of October 31, 2021, the Fund held approximately 3,260 securities in 22 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Fund’s assets.

248

For the 12 months ended October 31, 2021, total returns were 35.69% for the Fund and 16.96% for the MSCI Emerging Markets Index (net dividends), the Fund’s benchmark. The Fund’s focus on low relative price (value) stocks contributed positively to performance relative to the style-neutral benchmark, as value stocks outperformed high relative price (growth) stocks in emerging markets for the period. With small-cap stocks outperforming large-cap stocks, the Fund’s inclusion of small-caps also contributed positively to performance relative to the benchmark, which is composed primarily of large-and mid-cap stocks.

249

DIMENSIONAL EMERGING MARKETS VALUE FUND

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

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

250

DISCLOSURE OF FUND EXPENSES

CONTINUED

Six Months Ended October 31, 2021

EXPENSE TABLE


	Beginning		Ending					Expenses
	Account		Account		Annualized			Paid
	Value		Value		Expense			During
	05/01/21		10/31/21		Ratio (1)			Period (1)
Dimensional Emerging Markets Value Fund
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,001.30		0.14	%	$	0.71
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.50		0.14	%	$	0.71

(1)

251

DIMENSIONAL EMERGING MARKETS VALUE FUND

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For the Dimensional Emerging Markets Value Fund, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional Emerging Markets Value Fund filed its most recent Form N-PORT with the SEC on September 24, 2021. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; by visiting the SEC’s website at http://www.sec.gov; or by visiting the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS


Dimensional Emerging Markets Value Fund
Communication Services	3.2	%
Consumer Discretionary	9.5	%
Consumer Staples	3.0	%
Energy	10.9	%
Financials	27.4	%
Health Care	2.5	%
Industrials	8.9	%
Information Technology	12.8	%
Materials	14.8	%
Real Estate	5.2	%
Utilities	1.8	%

	100.0	%

252

DIMENSIONAL EMERGING MARKETS VALUE FUND

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2021


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.8%)
BRAZIL — (3.4%)
	Petroleo Brasileiro SA		9,916,353	$	48,617,153		0.4	%
	Petroleo Brasileiro SA, Sponsored ADR		10,919,479		104,936,193		0.8	%
	Petroleo Brasileiro SA, Sponsored ADR		5,515,017		54,157,467		0.4	%
	Vale SA		10,579,377		134,233,887		1.0	%
	Other Securities				120,799,198		0.8	%

TOTAL BRAZIL					462,743,898		3.4	%

CHILE — (0.5%)
	Other Securities				70,623,150		0.5	%

CHINA — (30.6%)
*	Alibaba Group Holding Ltd.		7,316,900		150,454,912		1.1	%
*	Baidu, Inc., Sponsored ADR		883,875		143,399,880		1.1	%
	Bank of China Ltd., Class H		301,203,817		106,596,497		0.8	%
	China Construction Bank Corp., Class H		434,536,101		295,736,876		2.2	%
	China Merchants Bank Co. Ltd., Class H		14,808,500		124,097,280		0.9	%
	China Overseas Land & Investment Ltd.		22,666,000		49,991,125		0.4	%
	China Resources Land Ltd.		20,648,000		80,227,147		0.6	%
	Geely Automobile Holdings Ltd.		26,250,000		91,104,288		0.7	%
	Industrial & Commercial Bank of China Ltd., Class H		297,483,996		163,069,444		1.2	%
	PetroChina Co. Ltd., Class H		130,158,000		62,755,344		0.5	%
	Ping An Insurance Group Co. of China Ltd., Class H		20,578,500		147,398,227		1.1	%
*	Trip.com Group Ltd., ADR		1,765,245		50,415,397		0.4	%
	Other Securities				2,708,705,626		20.0	%

TOTAL CHINA					4,173,952,043		31.0	%

COLOMBIA — (0.1%)
	Other Securities				11,699,835		0.1	%

CZECH REPUBLIC — (0.2%)
	Other Securities				20,436,623		0.1	%

GREECE — (0.2%)
	Other Securities				33,803,657		0.2	%

HONG KONG — (0.2%)
	Other Securities				22,760,338		0.2	%

HUNGARY — (0.3%)
	Other Securities				33,993,976		0.2	%

INDIA — (13.7%)
*	Axis Bank Ltd.		6,005,724		60,004,333		0.5	%
	Hindalco Industries Ltd.		9,969,863		61,983,738		0.5	%
	ICICI Bank Ltd., Sponsored ADR		4,454,789		94,218,784		0.7	%
	Larsen & Toubro Ltd.		2,297,590		54,714,019		0.4	%
	Mahindra & Mahindra Ltd.		3,949,734		46,836,219		0.4	%
	Reliance Industries Ltd.		12,484,013		424,273,319		3.2	%
*	Tata Motors Ltd.		10,754,335		69,290,039		0.5	%
	Wipro Ltd.		6,193,725		53,697,022		0.4	%

253

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
	Other Securities			$	1,007,058,880		7.3	%

TOTAL INDIA					1,872,076,353		13.9	%

INDONESIA — (1.5%)
	Other Securities				209,741,386		1.6	%

MALAYSIA — (1.8%)
	Other Securities				250,499,529		1.9	%

MEXICO — (2.2%)
	Grupo Financiero Banorte SAB de CV, Class O		7,711,601		48,746,251		0.4	%
#	Grupo Mexico SAB de CV, Class B		10,518,496		46,093,778		0.3	%
	Other Securities				211,683,812		1.6	%

TOTAL MEXICO					306,523,841		2.3	%

PHILIPPINES — (0.9%)
	Other Securities				127,693,242		0.9	%

POLAND — (0.8%)
	Other Securities				115,707,174		0.9	%

QATAR — (0.3%)
	Other Securities				40,558,271		0.3	%

RUSSIA — (1.8%)
	Gazprom PJSC, Sponsored ADR		10,367,186		101,731,786		0.8	%
	Lukoil PJSC, Sponsored ADR		1,075,422		109,618,672		0.8	%
	Other Securities				29,314,846		0.2	%

TOTAL RUSSIA					240,665,304		1.8	%

SAUDI ARABIA — (2.9%)
	Saudi Basic Industries Corp.		2,016,628		69,505,998		0.5	%
	Other Securities				322,547,739		2.4	%

TOTAL SAUDI ARABIA					392,053,737		2.9	%

SOUTH AFRICA — (3.9%)
#	Impala Platinum Holdings Ltd.		3,660,330		47,373,273		0.4	%
*	MTN Group Ltd.		10,241,812		91,839,637		0.7	%
	Standard Bank Group Ltd.		5,188,666		45,978,959		0.4	%
	Other Securities				351,087,730		2.5	%

TOTAL SOUTH AFRICA					536,279,599		4.0	%

SOUTH KOREA — (13.3%)
	Hana Financial Group, Inc.		1,405,990		54,214,720		0.4	%
	Hyundai Mobis Co. Ltd.		210,611		45,527,571		0.4	%
	Hyundai Motor Co.		370,785		66,316,913		0.5	%
#	KB Financial Group, Inc., ADR		2,468,636		118,667,332		0.9	%
	Kia Corp.		939,529		68,559,621		0.5	%
	LG Electronics, Inc.		571,652		59,139,613		0.5	%
	POSCO, Sponsored ADR		903,713		57,168,884		0.4	%
	Samsung Electronics Co. Ltd.		1,978,003		118,429,200		0.9	%
	SK Hynix, Inc.		1,675,156		147,665,948		1.1	%

254

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (Continued)
	Other Securities			$	1,076,561,111		7.9	%

TOTAL SOUTH KOREA					1,812,250,913		13.5	%

TAIWAN — (16.4%)
#	Asustek Computer, Inc.		3,854,000		48,999,039		0.4	%
	Cathay Financial Holding Co. Ltd.		40,739,459		84,921,085		0.6	%
	China Steel Corp.		56,678,320		68,334,569		0.5	%
	CTBC Financial Holding Co. Ltd.		97,262,073		81,219,569		0.6	%
#	Fubon Financial Holding Co. Ltd.		33,386,173		88,253,766		0.7	%
	Hon Hai Precision Industry Co. Ltd.		41,463,192		160,061,938		1.2	%
#	United Microelectronics Corp.		51,490,681		106,893,309		0.8	%
	Yuanta Financial Holding Co. Ltd.		52,178,994		46,381,015		0.4	%
	Other Securities				1,550,689,307		11.4	%

TOTAL TAIWAN					2,235,753,597		16.6	%

THAILAND — (1.9%)
	PTT PCL		54,395,500		63,112,386		0.5	%
	Other Securities				189,042,273		1.4	%

TOTAL THAILAND					252,154,659		1.9	%

TURKEY — (0.5%)
	Other Securities				68,937,335		0.5	%

UNITED ARAB EMIRATES — (0.4%)
	Other Securities				51,284,572		0.4	%

UNITED KINGDOM — (0.0%)
	Other Security				365,499		0.0	%

TOTAL COMMON STOCKS					13,342,558,531		99.1	%

PREFERRED STOCKS — (0.5%)
BRAZIL — (0.5%)
	Petroleo Brasileiro SA		3,992,173		19,275,437		0.2	%
	Other Securities				41,769,061		0.3	%

TOTAL BRAZIL					61,044,498		0.5	%

COLOMBIA — (0.0%)
	Other Securities				5,176,859		0.0	%

PHILIPPINES — (0.0%)
	Other Security				763,348		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				622,023		0.0	%

TOTAL PREFERRED STOCKS					67,606,728		0.5	%

RIGHTS/WARRANTS — (0.0%)
TAIWAN — (0.0%)
	Other Securities				13,477		0.0	%

255

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
THAILAND — (0.0%)
	Other Securities			$	1,659,369		0.0	%

TOTAL RIGHTS/WARRANTS					1,672,846		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $10,418,045,683)					13,411,838,105


				Value†
SECURITIES LENDING COLLATERAL — (1.7%)
@§	The DFA Short Term Investment Fund		19,568,415		226,406,566		1.7	%

TOTAL INVESTMENTS—(100.0%) (Cost $10,644,400,920)				$	13,638,244,671		101.3	%

As of October 31, 2021, Dimensional Emerging Markets Value Fund had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		650		12/17/21	$	41,972,669	$	41,015,000	$	(957,669	)
S&P 500^®Emini Index		441		12/17/21		99,955,617		101,363,850		1,408,233

Total Futures Contracts					$	141,928,286	$	142,378,850	$	450,564

Summary of the Fund’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	462,743,898		—		—	$	462,743,898
Chile		6,785,587	$	63,837,563		—		70,623,150
China		342,832,593		3,793,625,614	$	37,493,836		4,173,952,043
Colombia		11,699,835		—		—		11,699,835
Czech Republic		—		20,436,623		—		20,436,623
Greece		—		33,803,657		—		33,803,657
Hong Kong		5,675,428		17,004,977		79,933		22,760,338
Hungary		—		33,993,976		—		33,993,976
India		106,915,810		1,765,125,436		35,107		1,872,076,353
Indonesia		—		208,895,122		846,264		209,741,386
Malaysia		—		250,498,909		620		250,499,529
Mexico		298,694,923		7,828,918		—		306,523,841
Philippines		—		127,678,949		14,293		127,693,242
Poland		—		115,707,174		—		115,707,174
Qatar		—		40,558,271		—		40,558,271
Russia		23,870,525		216,794,779		—		240,665,304
Saudi Arabia		—		392,053,737		—		392,053,737
South Africa		57,637,480		478,642,119		—		536,279,599
South Korea		241,252,129		1,570,035,853		962,931		1,812,250,913
Taiwan		27,564,991		2,207,844,782		343,824		2,235,753,597
Thailand		252,154,659		—		—		252,154,659
Turkey		—		68,937,335		—		68,937,335

256

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
United Arab Emirates		—	$	51,284,572		—		$	51,284,572
United Kingdom		—		365,499		—			365,499
Preferred Stocks
Brazil	$	61,025,151		19,347		—			61,044,498
Colombia		5,176,859		—		—			5,176,859
Philippines		—		763,348		—			763,348
South Korea		—		622,023		—			622,023
Rights/Warrants
Taiwan		—		13,477		—			13,477
Thailand		—		1,659,369		—			1,659,369
Securities Lending Collateral		—		226,406,566		—			226,406,566
Futures Contracts**		450,564		—		—			450,564

TOTAL	$	1,904,480,432	$	11,694,437,995	$	39,776,808	^	$	13,638,695,235

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

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

See accompanying Notes to Financial Statements.

257

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2021

(Amounts in thousands)


	Dimensional Emerging Markets Value Fund
ASSETS:
Investment Securities at Value (including $662,761 of securities on loan)*	$	13,411,838
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $226,355)		226,407
Segregated Cash for Futures Contracts		7,443
Foreign Currencies at Value		46,301
Cash		75,386
Receivables:
Investment Securities Sold		27,645
Dividends, Interest and Tax Reclaims		10,195
Securities Lending Income		1,505
Unrealized Gain on Foreign Currency Contracts		3

Total Assets		13,806,723

LIABILITIES:
Payables:
Upon Return of Securities Loaned		226,403
Investment Securities Purchased		10,710
Due to Advisor		1,166
Futures Margin Variation		2,819
Deferred Taxes Payable		76,748
Accrued Expenses and Other Liabilities		19,172

Total Liabilities		337,018

NET ASSETS	$	13,469,705

Investment Securities at Cost	$	10,418,046

Foreign Currencies at Cost	$	45,724

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

See accompanying Notes to Financial Statements.

258

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2021

(Amounts in thousands)


	Dimensional Emerging Markets Value Fund^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $61,245)	$	485,227
Income from Securities Lending		14,542

Total Investment Income		499,769

Expenses
Investment Management Fees		14,688
Accounting & Transfer Agent Fees		674
Custodian Fees		4,569
Shareholders’ Reports		37
Directors’/Trustees’ Fees & Expenses		165
Professional Fees		493
Other		752

Total Expenses		21,378

Fees Paid Indirectly (Note C)		65

Net Expenses		21,313

Net Investment Income (Loss)		478,456

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		651,370
Affiliated Investment Companies Shares Sold		(2	)
Futures		40,443
Foreign Currency Transactions		(4,609	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		3,305,387
Affiliated Investment Companies Shares		(21	)
Futures		840
Translation of Foreign Currency-Denominated Amounts		12

Net Realized and Unrealized Gain (Loss)		3,993,420

Net Increase (Decrease) in Net Assets Resulting from Operations	$	4,471,876

**	Net of foreign capital gain taxes withheld of $12,230.

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

259

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	Dimensional Emerging Markets Value Fund
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	478,456		$	482,213
Net Realized Gain (Loss) on:
Investment Securities Sold,*		651,370			(1,060,455	)
Affiliated Investment Companies Shares Sold		(2	)		—
Futures		40,443			32,312
Foreign Currency Transactions		(4,609	)		(13,373	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		3,305,387			(1,145,339	)
Affiliated Investment Companies Shares		(21	)		14
Futures		840			(3,697	)
Translation of Foreign Currency-Denominated Amounts		12			(40	)

Net Increase (Decrease) in Net Assets Resulting from Operations		4,471,876			(1,708,365	)

Transactions in Interest:
Contributions		568,216			916,139
Withdrawals		(4,440,642	)		(3,763,616	)

Net Increase (Decrease) from Transactions in Interest		(3,872,426	)		(2,847,477	)

Total Increase (Decrease) in Net Assets		599,450			(4,555,842	)
Net Assets
Beginning of Year		12,870,255			17,426,097

End of Year	$	13,469,705		$	12,870,255

*	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $12,230.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2020 of $370.

See accompanying Notes to Financial Statements.

260

DIMENSIONAL EMERGING MARKETS VALUE FUND

FINANCIAL HIGHLIGHTS


	Dimensional Emerging Markets Value Fund
	Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2017
Total Return		35.69	%		(9.41	%)		5.24	%		(9.06	%)		24.89	%

Net Assets, End of Year (thousands)	$	13,469,705		$	12,870,255		$	17,426,097		$	16,684,907		$	19,612,211
Ratio of Expenses to Average Net Assets		0.14	%		0.14	%		0.13	%		0.14	%		0.16	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.14	%		0.14	%		0.15	%		0.14	%		0.16	%
Ratio of Net Investment Income to Average Net Assets		3.26	%		3.25	%		2.95	%		2.78	%		2.64	%
Portfolio Turnover Rate		14	%		20	%		14	%		13	%		14	%

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

See accompanying Notes to Financial Statements.

261

DIMENSIONAL EMERGING MARKETS VALUE FUND

NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Emerging Markets Value Fund (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940. The Fund meets the definition as an investment company and follows the accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”) Topic 946, “Financial Services-Investment Companies.” The Fund consists of one series.

B. Significant Accounting Policies:

1. Security Valuation: The Fund uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

•

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

•

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

•

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

Securities held by the Fund, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note.

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

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Trustees of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Fund is calculated. When fair value pricing is used, the prices of securities used by the Fund may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The Fund will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the Fund’s shares (at the close of the NYSE), the Fund will fair-value its foreign

262

investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the Fund’s foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Board of 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 uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

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

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

2. Foreign Currency Translation: Securities and other assets and liabilities of the Fund whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Fund enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Fund does not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized.

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

3. Deferred Compensation Plan: Each eligible Trustee of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the “Plan”). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors’/ Trustees’ Fees & Expenses. As of October 31, 2021, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $591 (in thousands).

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of Trustees of the Fund; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

263

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Fund estimates the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Expenses directly attributable to the Fund are directly charged. The Fund may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Fund accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country’s balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Fund’s investments in Chile are subject to governmental taxes on investment income. Such taxes are due when currencies are repatriated from the country. The Fund accrues for taxes on income as the income is earned. The Fund is subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Fund.

For the year ended October 31, 2021, the Fund’s investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:


Dimensional Emerging Markets Value Fund			0.10	%

Earned Income Credit:

Additionally, the Fund has entered into arrangements with its custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Fund’s custody expense. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of the Fund’s net assets. During the year ended October 31, 2021, expenses reduced were the following (amount in thousands):


	Fees Paid
	Indirectly
Dimensional Emerging Markets Value Fund	$	65

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Fund; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the year ended October 31, 2021, the total related amounts paid by the Fund to the CCO were $5 (in thousands) and are included in Other Expenses on the Statement of Operations.

264

D. Purchases and Sales of Securities:

For the year ended October 31, 2021, the Fund’s transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:


	Purchases		Sales
Dimensional Emerging Markets Value Fund	$	2,003,796	$	5,334,734

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

For the year ended October 31, 2021, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.


										Change in
							Net Realized			Unrealized
	Balance at		Purchases		Proceeds		Gain/(Loss)			Appreciation/			Balance at		Shares as of		Dividend		Capital Gain
	October 31, 2020		at Cost		from Sales		on Sales			Depreciation			October 31, 2021		October 31, 2021		Income		Distributions
Dimensional Emerging Markets Value Fund
The DFA Short Term Investment Fund	$	229,226	$	1,309,995	$	1,312,791	$	(2	)	$	(21	)	$	226,407		19,568	$	160		—

Total	$	229,226	$	1,309,995	$	1,312,791	$	(2	)	$	(21	)	$	226,407		19,568	$	160		—

E. Federal Income Taxes:

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


								Net
								Unrealized
	Federal		Unrealized		Unrealized			Appreciation
	Tax Cost		Appreciation		(Depreciation)			(Depreciation)
Dimensional Emerging Markets Value Fund	$	10,816,386	$	4,113,515	$	(1,291,651	)	$	2,821,864

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Fund’s tax positions and has concluded that no additional provision for income tax is required in the Fund’s financial statements. The Fund is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund’s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

265

F. Financial Instruments:

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

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

Derivative Financial Instruments:

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

2. Futures Contracts: The Fund may purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices, to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Fund. Upon entering into a futures contract, the Fund deposits cash or pledges U.S. government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Fund as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Fund records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities or indices, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Fund could lose more than the initial margin requirements. Entering into stock index futures subjects the Fund 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.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2021 was as follows (amount in thousands):


	Futures*
Dimensional Emerging Markets Value Fund	$	92,928

*	Average Notional Value of futures contracts

The following is a summary of the Fund’s derivative instrument holdings categorized by primary risk exposure as of October 31, 2021 (amounts in thousands):


	Asset Derivatives Value
	Total Value
	at		Equity
	October 31, 2021		*Contracts,(1)**
Dimensional Emerging Markets Value Fund	$	1,408	$	1,408

266


	Liability Derivatives Value
	Total Value
	at			Equity
	October 31, 2021			Contracts (2)
Dimensional Emerging Markets Value Fund	$	(958	)	$	(958	)

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

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Fund’s derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2021 (amounts in thousands):


	Realized Gain (Loss) on Derivatives
			Equity
	Total		Contracts (1)
Dimensional Emerging Markets Value Fund	$	40,443	$	40,443


	Change in Unrealized Appreciation
	(Depreciation) on Derivatives
			Equity
	Total		Contracts (2)
Dimensional Emerging Markets Value Fund	$	840	$	840

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

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

G. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective January 2, 2021. A line of credit with similar terms was in effect through January 2, 2021. 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 $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2022.

267

For the year ended October 31, 2021, borrowings by the Fund under the lines of credit were as follows (amounts in thousands, except percentages and days):


	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding*		Interest Expense Incurred		Maximum Amount Borrowed During the Period		Outstanding Borrowings as of 10/31/2021
Dimensional Emerging Markets Value Fund		0.83	%	$	13,109		23	$	10	$	36,558		—

*	Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2021, that the Fund’s available line of credit was used.

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

For the year ended October 31, 2021, activity by the Fund under the interfund lending program was as follows (amounts in thousands, except percentages and days):


	Borrower or Lender		Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding*		Interest Expense/ Income		Maximum Amount Borrowed/Loaned During the Period		Outstanding Borrowings as of 10/31/2021
Dimensional Emerging Markets Value Fund		Borrower		0.43	%	$	77,031		4	$	4	$	93,288		—

*	Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2021 that the Fund utilized the interfund lending program.

H. Affiliated Trades:

Cross trades for the year ended October 31, 2021, if any, were executed by the Fund pursuant to procedures adopted by the Board of Trustees of the Fund to ensure compliance with Rule 17a-7 under the Investment Company Act of 1940 (the “1940 Act”). Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Fund complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Fund.

For the year ended October 31, 2021, cross trades by the Fund under Rule 17a-7 were as follows (amounts in thousands):


Portfolio	Purchases		Sales		Realized Gain (Loss)
Dimensional Emerging Markets Value Fund	$	2,162	$	1,166	$	(355	)

268

I. Securities Lending:

As of October 31, 2021, the Fund had securities on loan to brokers/dealers, for which the Fund received cash collateral. The Fund also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):


	Non-Cash Collateral Market Value
Dimensional Emerging Markets Value Fund	$	603,359

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

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


	Remaining Contractual Maturity of the Agreements As of October 31, 2021
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Dimensional Emerging Markets Value Fund
Common Stocks	$	226,403		—		—		—	$	226,403

269

J. Indemnitees; Contractual Obligations:

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

K. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Fund could enter, eliminate the asset segregation framework currently used by the Fund to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Fund is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Fund.

L. Coronavirus (COVID-19) Pandemic:

M. Other:

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

270

On June 3, 2021, President Biden issued an Executive Order titled ”Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China” (the “Order”). Effective on August 2, 2021, the Order restricts investment in certain companies identified as “Chinese Military Industrial Complex Companies” (CMICs) by the Office of Foreign Asset Control, an agency of the Department of Treasury and the Department of Defense. As of July 27, 2021, the Fund have divested of all publicly traded securities identified as CMIC’s listed in the Order.

N. Subsequent Event Evaluations:

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

271

Report of Independent Registered Public Accounting Firm

To the Board of Trustees and Shareholders of Dimensional Emerging Markets Value Fund

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the summary schedule of portfolio holdings, of Dimensional Emerging Markets Value Fund (the “Fund”) as of October 31, 2021, the related statement of operations for the year ended October 31, 2021, the statement of changes in net assets for each of the two years in the period ended October 31, 2021, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2021 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2021, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2021 and the financial highlights for each of the five years in the period ended October 31, 2021 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2021 by correspondence with the custodian, brokers and transfer agent of the investee fund; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 22, 2021

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P.

investment company group since 1981.

272

FUND MANAGEMENT

(Unaudited)

Trustees/Directors

Each Board of Trustees/Directors (each, the “Board” and collectively, the “Boards”) of The DFA Investment Trust Company (“DFAITC”), DFA Investment Dimensions Group Inc. (“DFAIDG”), Dimensional Investment Group Inc. (“DIG”), Dimensional ETF Trust (“ETF Trust”), and Dimensional Emerging Markets Value Fund (“DEM”) (each, the “Fund” and collectively, the “Funds”) is responsible for establishing the Funds’ policies and for overseeing the management of the Funds. The Trustees/ Directors of the Funds, including all of the disinterested Trustees/Directors, have adopted written procedures to monitor potential conflicts of interest that might develop between portfolios of the Funds (the “Feeder Portfolios”) that invest in certain series of DFAITC or DEM (the “Master Funds”).

Each Board has three standing committees, an Audit Committee, a Nominating Committee, and an Investment Strategy Committee (the “Strategy Committee”). The Audit Committee is composed of George M. Constantinides, Roger G. Ibbotson, Abbie J. Smith and Ingrid M. Werner. Each member of the Audit Committee is a disinterested Trustee/Director. The Audit Committee oversees the Fund’s accounting and financial reporting policies and practices, the Fund’s internal controls, the Fund’s financial statements and the independent audits thereof and performs other oversight functions as requested by the Board. The Audit Committee recommends the appointment of each Fund’s independent registered certified public accounting firm and acts as a liaison between the Fund’s independent registered certified public accounting firm and the full Board. There were two Audit Committee meetings held during the fiscal year ended October 31, 2021.

Each Board’s Nominating Committee is composed of George M. Constantinides, Roger G. Ibbotson, Myron S. Scholes, Abbie J. Smith, Douglas W. Diamond, Darrell Duffie and Ingrid M. Werner. Each member of the Nominating Committee is a disinterested Trustee/Director. The Nominating Committee for each Board makes recommendations for nominations of disinterested and interested members on the Board to the disinterested Board members and to the full Board. The Nominating Committee evaluates a candidate’s qualification for Board membership and the independence of such candidate from the Advisor and other principal service providers. There were four Nominating Committee meetings held during the fiscal year ended October 31, 2021.

Each Board’s Strategy Committee is composed of Gerard K. O’Reilly, Douglas W. Diamond, Myron S. Scholes and Darrell Duffie. The Strategy Committee assists the Board in carrying out its fiduciary duties with respect to the oversight of the Fund and its performance. At the request of the Board or the Advisor, the Strategy Committee (i) reviews the design of possible new series of the Fund, (ii) reviews performance of existing portfolios of the Funds and discusses and recommends possible enhancements to the portfolios’ investment strategies, (iii) reviews proposals by the Advisor to modify or enhance the investment strategies or policies of each portfolio, and (iv) considers issues relating to investment services for each portfolio of the Fund. There were three Strategy Committee meetings held during the fiscal year ended October 31, 2021.

Certain biographical information for each disinterested Trustee/Director and interested Trustee/Director of the Funds is set forth in the tables below, including a description of each Trustee/Director’s experience as a Trustee/Director of the Funds and as a Director or Trustee of other funds, as well as other recent professional experience.

The statements of additional information (together, “SAI”) of the Funds include additional information about each Trustee/Director. You may obtain copies of the SAI and prospectus of each Fund advised by Dimensional Fund Advisors LP by calling collect (512) 306-7400 or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746. Prospectuses are also available at http://us.dimensional.com.

273

Disinterested Directors/Trustees


Name, Address and Year of Birth	Position	Term of Office¹and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex²Overseen	Other Directorships of Public Companies Held During Past 5 Years
George M. Constantinides University of Chicago Booth School of Business 5807 S. Woodlawn Avenue Chicago, IL 60637 1947	Director/ Trustee	DFAIDG – Since 1983; DIG & DEM – Since 1993; DFAITC – Since 1992; ETF Trust - Since 2020	Leo Melamed Professor of Finance, University of Chicago Booth School of Business (since 1978).	137 portfolios in 5 investment companies	None

Douglas W. Diamond c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1953	Director/ Trustee	DFAIDG, DIG, DEM & DFAITC – Since 2017; ETF Trust - Since 2020	Merton H. Miller Distinguished Service Professor of Finance, University of Chicago Booth School of Business (since 1988). Formerly, Visiting Scholar, Federal Reserve Bank of Richmond (1990-2019). Formerly, Fischer Black Visiting Professor of Financial Economics, Alfred P. Sloan School of Management, Massachusetts Institute of Technology (2015-2016).	137 portfolios in 5 investment companies	None

Darrell Duffie c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1954	Director/ Trustee	DFAIDG, DIG, DEM & DFAITC – Since 2019; ETF Trust - Since 2020	Dean Witter Distinguished Professor of Finance, Graduate School of Business, Stanford University (since 1984). Director, TNB Inc. (bank) (since 2020).	137 portfolios in 5 investment companies	Formerly, Director, Moody’s Corporation (financial information and information technology) (2008- 2018).

Roger G. Ibbotson Yale School of Management 165 Whitney Avenue New Haven, CT 06511 1943	Director/ Trustee	DFAIDG – Since 1981; DIG & DEM – Since 1993; DFAITC – Since 1992; ETF Trust - Since 2020	Professor in Practice Emeritus of Finance, Yale School of Management (since 1984). Chairman and Partner, Zebra Capital Management, LLC (hedge fund and asset manager) (since 2001). Formerly, Consultant to Morningstar, Inc. (2006-2016).	137 portfolios in 5 investment companies	None
Myron S. Scholes c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1941	Director/ Trustee	DFAIDG – Since 1981; DIG & DEM – Since 1993; DFAITC – Since 1992; ETF Trust - Since 2020	Chief Investment Strategist, Janus Henderson Investors (since 2014). Frank E. Buck Professor of Finance, Emeritus, Graduate School of Business, Stanford University (since 1981).	137 portfolios in 5 investment companies	None

Abbie J. Smith University of Chicago Booth School of Business 5807 S. Woodlawn Avenue Chicago, IL 60637 1953	Director/ Trustee	DFAIDG, DIG, DEM & DFAITC – Since 2000; ETF Trust - Since 2020	Boris and Irene Stern Distinguished Service Professor of Accounting and James S. Ely, III Faculty Fellow, University of Chicago Booth School of Business (since 1980).	137 portfolios in 5 investment companies	Director, (since 2000) and formerly, Lead Director (2014- 2017), HNI Corporation (office furniture); Director, Ryder System Inc. (transportation, logistics and supply-chain management) (since 2003); and Trustee, UBS Funds (3 investment companies within the fund complex) (14 portfolios) (since 2009).

274

Name, Address and

Year of Birth

Position

Term of

Office¹and

Length of

Service

Principal Occupation During Past 5 Years

Portfolios
within the
DFA Fund
Complex²Overseen

Other
Directorships of
Public
Companies Held
During Past

5 Years

Ingrid M. Werner c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746

1961

Director/ Trustee

DFAIDG, DIG, DEM & DFAITC – Since 2019; ETF Trust - Since 2020

Martin and Andrew Murrer Professor of Finance, Fisher College of Business, The Ohio State University (since 1998). Adjunct Member, the Prize Committee for the Swedish Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (annual award for significant scientific research contribution) (since 2018). Director, American Finance Association (global association of academic researchers and practitioners in finance) (since January 2019). Member, Scientific Board, Leibniz Institute for Financial Research (institute supporting academic research in finance) (since 2020). Chair, Economic Advisory Committee, FINRA (since 2017). Chairman, Scientific Advisory Board, Swedish House of Finance (institute supporting academic research in finance) (since 2014). Member, Scientific Board, Danish Finance Institute (institute supporting academic research in finance) (since 2017). Member, Academic Board, Mistra Financial Systems (organization funding academic research on environment, governance and climate/sustainability in finance) (since 2016). Fellow, Center for Analytical Finance (academic research) (since 2015). Associate Editor, Journal of Finance (since 2016). Formerly, President, Western Finance Association (global association of academic researchers and practitioners in finance) (2018- 2019).

137 portfolios in 5 investment companies

Director, Fourth Swedish AP Fund (pension fund asset management) (since 2017).

275

Interested Director/Trustee

The following interested Director/Trustee is described as such because he is deemed to be an “interested person,” as that term is defined under the 1940 Act, due to his position with the Advisor.


Name, Address and Year of Birth	Position	Term of Office¹and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex²Overseen	Other Directorships of Public Companies Held During Past 5 Years
David G. Booth 6300 Bee Cave Road, Building One Austin, TX 78746 1946	Chairman and Director/ Trustee	DFAIDG – Since 1981; DIG & DFAITC – Since 1992; DEM – Since 1993; ETF Trust—Since 2020	Chairman, Director/Trustee, and formerly, President and Co-Chief Executive Officer (each until March 2017) of Dimensional Emerging Markets Value Fund (“DEM”), DFA Investment Dimensions Group Inc. (“DFAIDG”), Dimensional Investment Group Inc. (“DIG”), The DFA Investment Trust Company (“DFAITC”). Executive Chairman, and formerly, President and Co-Chief Executive Officer (each until February 2017) of Dimensional Holdings Inc., Dimensional Fund Advisors LP, Dimensional Investment LLC and DFA Securities LLC (collectively with DEM, DFAIDG, DIG and DFAITC, the “DFA Entities”). Chairman and Trustee of the ETF Trust (since June 2020). Formerly, Chairman and Director (2009-2018) and Co-Chief Executive Officer (2010 – June 2017) of Dimensional Fund Advisors Canada ULC. Trustee, University of Chicago (since 2002). Trustee, University of Kansas Endowment Association (since	137 portfolios in 5 investment companies	None
			2005). Member of the Hoover Institution Board (since September 2019). Formerly, Director of Dimensional Fund Advisors Ltd. (2002 – July 2017), DFA Australia Limited (1994 – July 2017), Dimensional Advisors Ltd. (2012 – July 2017), Dimensional Funds plc (2006 – July 2017) and Dimensional Funds II plc (2006 – July 2017). Formerly, Director and President of Dimensional Japan Ltd. (2012 – April 2017). Formerly, President, Dimensional SmartNest (US) LLC (2009-2014); and Limited Partner, VSC Investors, LLC (2007-2015). Formerly, Chairman, Director, President and Co- Chief Executive Officer of Dimensional Cayman Commodity Fund I Ltd. (2010-September 2017).

¹	Each Director/Trustee holds office for an indefinite term until his or her successor is elected and qualified.

Each Director/Trustee is a director or trustee of each of the five registered investment companies within the DFA Fund Complex, which include: DFAIDG, DIG; DFAITC; DEM; and ETF Trust. Each disinterested Director/Trustee also serves on the Independent Review Committee of the Dimensional Funds, mutual funds registered in the provinces of Canada and managed by the Advisor’s affiliate, Dimensional Fund Advisors Canada ULC.

276

Officers

Below is the name, year of birth, information regarding positions with the Funds and the principal occupation for each officer of the Funds. The address of each officer is 6300 Bee Cave Road, Building One, Austin, TX 78746. Each of the officers listed below holds the same office (except as otherwise noted) in the DFA Entities.


Name and Year of Birth	Position	Term of Office¹ and Length of Service	Principal Occupation During Past 5 Years
Valerie A. Brown	Vice President and	Since	Vice President and Assistant Secretary of
1967	Assistant Secretary	2001	• all the DFA Entities (since 2001)
			• DFA Australia Limited (since 2002)
			• Dimensional Fund Advisors Ltd. (since 2002)
			• Dimensional Cayman Commodity Fund I Ltd. (since 2010)
			• Dimensional Fund Advisors Pte. Ltd. (since 2012)
			• Dimensional Hong Kong Limited (since 2012)
			• ETF Trust (since 2020)
			Director, Vice President and Assistant Secretary (since 2003) of
			• Dimensional Fund Advisors Canada ULC

Ryan P. Buechner	Vice President and	Since	Vice President and Assistant Secretary of
1982	Assistant Secretary	September	• DFAIDG, DIG, DFAITC and DEM (since 2019)
		2019	• ETF Trust (since 2020)
			Vice President (since January 2018) of
			• Dimensional Holdings Inc.
			• Dimensional Fund Advisors LP
			• Dimensional Investment LLC
			• DFA Securities LLC

David P. Butler	Co-Chief	Since	Co-Chief Executive Officer of
1964	Executive Officer	2017	• all the DFA Entities (since 2017)
			• ETF Trust (since 2020)
			Director (since 2017) of
			• Dimensional Holdings Inc.
			• Dimensional Fund Advisors Canada ULC
			• Dimensional Japan Ltd.
			• Dimensional Advisors Ltd.
			• Dimensional Fund Advisors Ltd.
			• DFA Australia Limited
			Director and Co-Chief Executive Officer (since 2017) of
			• Dimensional Cayman Commodity Fund I Ltd.
			Head of Global Financial Advisor Services (since 2007) for
			• Dimensional Fund Advisors LP

			Formerly, Vice President (2007 – 2017) of
			• all the DFA Entities

Stephen A. Clark	Executive Vice	Since	Executive Vice President of
1972	President	2017	• all the DFA Entities (since 2017)
			• ETF Trust (since 2020)
			Director and Vice President (since 2016) of
			• Dimensional Japan Ltd.
			President and Director (since 2016) of
			• Dimensional Fund Advisors Canada ULC
			Vice President (since 2008) and Director (since 2016) of
			• DFA Australia Limited
			Director (since 2016) of
			• Dimensional Advisors Ltd.
			• Dimensional Fund Advisors Pte. Ltd.
			• Dimensional Hong Kong Limited

277


Name and Year of Birth	Position	Term of Office¹ and Length of Service	Principal Occupation During Past 5 Years
			Vice President (since 2019) of
			• Dimensional Fund Advisors Pte. Ltd.

			Formerly, Vice President (2004 – 2017) of
			• all the DFA Entities
			Formerly, Vice President (2010 – 2016) of
			• Dimensional Fund Advisors Canada ULC
			Formerly, Vice President (2016-2019) of
			• Dimensional Fund Advisors Pte. Ltd.
			Formerly, Interim Chief Executive Officer (2019) of
			• Dimensional Fund Advisors Pte. Ltd.
			Formerly, Head of Institutional, North America (2012 – 2013) and Head of Global Institutional Services (2014-2018) for
			• Dimensional Fund Advisors LP

Lisa M. Dallmer	Chief Operating	Since June	Chief Operating Officer (since June 2021) of
1972	Officer	2021	• the DFA Fund Complex
			• ETF Trust
			Executive Vice President (since January 2020)
			• Dimensional Holdings Inc.
			• Dimensional Fund Advisors LP
			• Dimensional Investment LLC
			• DFA Securities LLC
			Chief Operating Officer (since December 2019)
			• Dimensional Holdings Inc.
			• Dimensional Fund Advisors LP
			• Dimensional Investment LLC
			• DFA Securities LLC

			Formerly, Vice President, Chief Financial Officer, and Treasurer (June 2020-June 2021) of
			• the DFA Fund Complex
			• ETF Trust
			Formerly, Senior Vice President, Business Operations (March 2019 – October 2019) at
			• Delphix Inc.
			Formerly, Chief Operating Officer Global Technology & Operations, Managing Director (2014 – 2018) of
			• BlackRock Inc.

Bernard J. Grzelak	Vice President	Since June	Vice President (since June 2021) of
1971		2021	• the DFA Fund Complex
			• ETF Trust
			Vice President, Chief Financial Officer and Treasurer (since September 2020) of
			• DFA Australia Limited
			• Dimensional Fund Advisors Canada ULC
			• DFA Securities LLC
			• Dimensional Advisors Ltd.
			• Dimensional Fund Advisors LP
			• Dimensional Fund Advisors Ltd.
			• Dimensional Fund Advisors Pte. Ltd.
			• Dimensional Holdings Inc.
			• Dimensional Hong Kong Limited
			• Dimensional Investment LLC

278


Name and Year of Birth	Position	Term of Office¹ and Length of Service	Principal Occupation During Past 5 Years
			Vice President (since March 2021) of
			• Dimensional Ireland Limited

			Formerly, Partner (2008 – 2020), Chief Operating Officer, Global Funds and Risk (2018 – 2020), Chief Operations Officer (2016 – 2018), and Director of Fund Administration (2003 – 2016) of Lord Abbett & Co. LLC Formerly, Chief Financial Officer (2017—2020), and Treaurer (2003 – 2017) of Lord Abbett Family of Funds

Eric Hall	Vice President and	Since June	Vice President and Assistant Treasurer (since June 2021) of
1978	Assistant Treasurer	2021	• the DFA Fund Complex
			• ETF Trust
			Formerly, Data Integrity Team Lead (December 2019 – April 2021) of
			• Clearwater Analytics
			Formerly, Assistant Vice President and Assistant Treasurer (March 2015 – November 2019) at
			• INVESCO, U.S. (formerly, OppenheimerFunds, Inc.)

Jeff J. Jeon 1973	Vice President	Since 2004	Vice President (since 2004) and Assistant Secretary (2017-2019) of • all the DFA Entities
			Vice President (since 2020) of
			• ETF Trust
			Vice President and Assistant Secretary (since 2010) of
			• Dimensional Cayman Commodity Fund I Ltd.

Joy Lopez	Vice President and	Vice	Vice President (since 2015) of
1971	Assistant Treasurer	President	• all the DFA Entities
		since 2015	Assistant Treasurer (since 2017) of
		and	• the DFA Fund Complex
		Assistant	Vice President and Assistant Treasurer (since 2020) of
		Treasurer	• ETF Trust
		since 2017
			Formerly, Senior Tax Manager (2013 – 2015) for
			• Dimensional Fund Advisors LP

Kenneth M. Manell	Vice President	Since	Vice President of
1972		2010	• all the DFA Entities (since 2010)
			• Dimensional Cayman Commodity Fund I Ltd. (since 2010)
			• ETF Trust (since 2020)

Jan Miller 1963	Vice President, Chief Financial Officer, and Treasurer	Since June 2021	Vice President, Chief Financial Officer, and Treasurer (since June 2021) of • the DFA Fund Complex • ETF Trust

			Formerly, Director (May 2019 – January 2021) at
			• INVESCO, U.S. (formerly, OppenheimerFunds, Inc.)
			Formerly, Vice President and Assistant Treasurer (September 2012 – May 2019) at
			• OppenheimerFunds, Inc.

Catherine L. Newell	President and	President since 2017 and General Counsel sincec 2001	President of
1964	General Counsel		• the DFA Fund Complex (since 2017)
			• ETF Trust (since 2020)
			General Counsel (since 2001) of
			• all the DFA Entities
			Executive Vice President (since 2017) and Secretary (since 2000) of
			• Dimensional Fund Advisors LP
			• Dimensional Holdings Inc.
			• DFA Securities LLC
			• Dimensional Investment LLC

279


Name and Year of Birth	Position	Term of Office¹ and Length of Service	Principal Occupation During Past 5 Years
			Director (since 2002), Vice President (since 1997) and Secretary (since 2002) of
			• DFA Australia Limited
			• Dimensional Fund Advisors Ltd.
			Vice President and Secretary of
			• Dimensional Fund Advisors Canada ULC (since 2003)
			• Dimensional Cayman Commodity Fund I Ltd. (since 2010)
			• Dimensional Japan Ltd. (since 2012)
			• Dimensional Advisors Ltd (since 2012)
			• Dimensional Fund Advisors Pte. Ltd. (since 2012)
			Director of
			• Dimensional Funds plc (since 2002)
			• Dimensional Funds II plc (since 2006)
			• Director of Dimensional Japan Ltd. (since 2012)
			• Dimensional Advisors Ltd. (since 2012)
			• Dimensional Fund Advisors Pte. Ltd. (since 2012)
			• Dimensional Hong Kong Limited (since 2012)
			• Dimensional Ireland Limited (since 2019)

			Formerly, Vice President and Secretary (2010 – 2014) of
			• Dimensional SmartNest (US) LLC
			Formerly, Vice President (1997 – 2017) and Secretary (2000 – 2017) of
			• the DFA Fund Complex
			Formerly, Vice President of
			• Dimensional Fund Advisors LP (1997 – 2017)
			• Dimensional Holdings Inc. (2006 – 2017)
			• DFA Securities LLC (1997 – 2017)
			• Dimensional Investment LLC (2009 – 2017)

Selwyn J. Notelovitz	Vice President	Since	Vice President (since September 2021) of
1961		September	• the DFA Fund Complex
		2021	• ETF Trust
			Vice President (since December 2012) and Chief Compliance Officer (since July 2020) of:
			• DFA Securities LLC
			• Dimensional Fund Advisors LP
			• Dimensional Holdings Inc.
			• Dimensional Investment LLC
			Chief Compliance Officer (since July 2020) of:
			• DFA Australia Limited
			• Dimensional Fund Advisors Ltd.
			• Dimensional Fund Advisors Canada ULC
			Formerly, Deputy Chief Compliance Officer (2013-2020) of:
			• DFA Fund Complex
			• DFA Securities LLC
			• Dimensional Fund Advisors LP
			• Dimensional Holdings Inc.
			• Dimensional Investment LLC
			Formerly, Vice President (2013-2020) of:
			• DFA Fund Complex
			Formerly, Director (2019-2021) of:
			• Dimensional Ireland Limited

280


Name and Year of Birth	Position	Term of Office¹ and Length of Service	Principal Occupation During Past 5 Years
Carolyn L. O	Vice President and	Vice President since 2010 and Secretary since 2017	Vice President (since 2010) and Secretary (since 2017) of
1974	Secretary		• the DFA Fund Complex
			Vice President and Secretary (since 2020) of
			• ETF Trust
			Vice President (since 2010) and Assistant Secretary (since 2016) of
			• Dimensional Fund Advisors LP
			• Dimensional Holdings Inc.
			• Dimensional Investment LLC
			Vice President of
			• DFA Securities LLC (since 2010)
			• Dimensional Cayman Commodity Fund I Ltd. (since 2010)
			• Dimensional Fund Advisors Canada ULC (since 2016)

Randy C. Olson	Chief Compliance	Since	Chief Compliance Officer (since 2020)
1980	Officer	August	• all the DFA Funds
		2020	• ETF Trust
			Vice President (since 2016) of
			• DFA Securities LLC
			• Dimensional Fund Advisors LP
			• Dimensional Holdings Inc.
			• Dimensional Investment LLC

			Formerly, Vice President – Senior Compliance Officer
			• Dimensional Investment Advisors LP (January 2020 – August 2020 and July 2014 – March 2017)
			Formerly, Vice President – Head of Compliance & Operations Asia Ex- Japan
			• Dimensional Investment Advisors LP (April 2017 – January 2020)

Gerard K. O’Reilly	Co-Chief	Co-Chief	Co-Chief Executive Officer and Chief Investment Officer of
1976	Executive Officer and Chief Investment Officer	Executive Officer and Chief Investment Officer since 2017	• all the DFA Entities (since 2017) • Dimensional Fund Advisors Canada ULC (since 2017) • ETF Trust (since 2020)
			Director, Chief Investment Officer and Vice President (since 2017) of
			• DFA Australia Limited
			Chief Investment Officer (since 2017) and Vice President (since 2016) of
			• Dimensional Japan Ltd.
			Director, Co-Chief Executive Officer and Chief Investment Officer (since 2017) of
			• Dimensional Cayman Commodity Fund I Ltd.
			Director of
			• Dimensional Funds plc (since 2014)
			• Dimensional Funds II plc (since 2014)
			• Dimensional Holdings Inc. (since 2017)
			• Dimensional Ireland Limited (since 2019)

			Formerly, Co-Chief Investment Officer of
			• Dimensional Japan Ltd. (2016 – 2017)
			• DFA Australia Limited (2014 – 2017)
			Formerly, Executive Vice President (2017) and Co-Chief Investment Officer (2014 – 2017) of
			• all the DFA Entities
			Formerly, Vice President (2007 – 2017) of
			• all the DFA Entities
			Formerly, Vice President and Co-Chief Investment Officer (2014 – 2017) of
			• Dimensional Fund Advisors Canada ULC
			Formerly, Director (2017-2018) of
			• Dimensional Fund Advisors Pte. Ltd.

281


Name and Year of Birth	Position	Term of Office¹ and Length of Service	Principal Occupation During Past 5 Years

James J. Taylor	Vice President and	Since	Vice President and Assistant Treasurer (since 2020) of
1983	Assistant Treasurer	March	• the DFA Fund Complex
		2020	• ETF Trust
			Vice President (since 2016)
			• Dimensional Holdings Inc.
			• Dimensional Fund Advisors LP
			• Dimensional Investment LLC
			• DFA Securities LLC

			Formerly, Accounting Manager (2015 – 2016)
			• Dimensional Fund Advisors LP

¹	Each officer holds office for an indefinite term at the pleasure of the Board of Directors/Trustees and until his or her successor is elected and qualified.

282

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Fund uses in voting proxies relating to securities held in the portfolio is available (1) without charge, upon request, by calling collect: (512) 306-7400; (2) from the Advisor’s website at http://us.dimensional.com; and (3) on the SEC’s website at http://www.sec.gov. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC’s website at http://www.sec.gov and from the Advisor’s website at http://us.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

283

TAX NOTICE TO SHAREHOLDERS

(Unaudited)

The following information is solely for informational purposes. Each Portfolio is designating the U.S. federal income tax character of the following items with respect to distributions paid or expected to be paid to shareholders related to the fiscal year ended October 31, 2021. All designations are based on financial information available as of the date of this annual report and, accordingly are subject to change. For each classification below and including “Section 163(j) interest dividends” as defined in Treasury Regulation §1.163(j)-1(b)(35) and “Section 199A dividends” as defined in Treasury Regulation §1.199A -3(d), it is the intent of the Portfolio to designate the maximum amount permitted under the Internal Revenue Code and the regulations thereunder.

For U.S. federal income tax purposes, shareholders generally must report distributions received from a Portfolio on a calendar-year basis, which therefore may include distributions with respect to portions of two fiscal years of the Portfolio. Annual statements needed by shareholders concerning the tax status of distributions received for the calendar year 2021 (e.g., IRS Form 1099-DIV) will be provided in early 2022. Shareholders should refer to these statements in preparing their calendar year 2021 tax returns. Please consult your tax advisor for the proper treatment of this information. Unless otherwise noted, the amounts in the table are expressed as a percentage of the distributions paid with respect to the fiscal year ended October 31, 2021.


DFA Investment Dimensions Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions			Return of Capital		Tax-Exempt Interest		Total Distributions			Qualified Dividends (for Corporate Dividends Received Deduction) (1)		Qualified Dividend Income (2)			U.S. Government Interest (3)		Foreign Tax Credit (4)			Foreign Source Income (5)			Qualified Net Interest Income (6)		Qualified Short- Term Capital Gain (7)
Large Cap International Portfolio		100	%		—			—			—		—		100	%		—		87	%		—		6	%		88	%		—		—
International Core Equity Portfolio		100	%		—			—			—		—		100	%		—		82	%		—		7	%		85	%		—		—
Global Small Company Portfolio		100	%		—			—			—		—		100	%		—		70	%		—		5	%		26	%		—		—
International Small Company Portfolio		100	%		—			—			—		—		100	%		—		53	%		—		8	%		49	%		—		—
Japanese Small Company Portfolio		100	%		—			—			—		—		100	%		—		92	%		—		9	%		88	%		—		—
Asia Pacific Small Company Portfolio		100	%		—			—			—		—		100	%		—		50	%		—		1	%		75	%		—		—
United Kingdom Small Company Portfolio		100	%		—			—			—		—		100	%		—		55	%		—		2	%		61	%		—		—
Continental Small Company Portfolio		100	%		—			—			—		—		100	%		—		71	%		—		16	%		77	%		—		—
DFA International Real Estate Securities Portfolio		—			—			—			—		—		—			—		15	%		—		—			41	%		—		—
DFA Global Real Estate Securities Portfolio		82	%		—			18	%		—		—		100	%		—		1	%		—		—			—			—		—
DFA International Small Cap Value Portfolio		100	%		—			—			—		—		100	%		—		74	%		—		10	%		69	%		—		—
International Vector Equity Portfolio		100	%		—			—			—		—		100	%		—		78	%		—		9	%		83	%		—		—
International High Relative Profitability Portfolio		100	%		—			—			—		—		100	%		—		92	%		—		7	%		86	%		—		—
World ex U.S. Value Portfolio		100	%		—			—			—		—		100	%		—		72	%		—		7	%		81	%		—		—
World ex U.S. Core Equity Portfolio		100	%		—			—			—		—		100	%		—		74	%		—		7	%		88	%		—		—
World Core Equity Portfolio		100	%		—			—			—		—		100	%		—		100	%		—		5	%		51	%		—		—
Selectively Hedged Global Equity Portfolio		50	%		3	%		47	%		—		—		100	%		—		100	%		—		7	%		40	%		—		100	%
Emerging Markets Portfolio		100	%		—			—			—		—		100	%		—		71	%		—		9	%		95	%		—		—

See accompanying Notes to Financial Statements.

284


DFA Investment Dimensions Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions		Return of Capital		Tax-Exempt Interest		Total Distributions			Qualified Dividends (for Corporate Dividends Received Deduction) (1)		Qualified Dividend Income (2)			U.S. Government Interest (3)		Foreign Tax Credit (4)			Foreign Source Income (5)			Qualified Net Interest Income (6)		Qualified Short- Term Capital Gain (7)
Emerging Markets Small Cap
Portfolio		100	%		—			—		—		—		100	%		—		22	%		—		7	%		44	%		—		—
Emerging Markets Portfolio Value		100	%		—			—		—		—		100	%		—		59	%		—		11	%		88	%		—		—
Emerging Markets Core Equity
Portfolio		100	%		—			—		—		—		100	%		—		61	%		—		9	%		90	%		—		—
Emerging Markets Targeted Value
Portfolio		90	%		10	%		—		—		—		100	%		—		21	%		—		14	%		51	%		—		100	%
Dimensional Investment Group Inc.
DFA International Value Portfolio		100	%		—			—		—		—		100	%		—		84	%		—		6	%		82	%		—		—

(1)

Qualified Dividends represents the amount that qualifies for the corporate dividends-received deduction under Section 243 of the Internal Revenue Code and is reflected as a percentage of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the calendar year 2021.

(2)

Qualified Dividend Income represents the amount that qualifies for the reduced capital gain tax rate under Section 1(h)(11) of the Internal Revenue Code and is reflected as a percentage of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the calendar year 2021.

(3)

U.S. Government Interest represents the amount of interest that was derived from direct U.S. Government obligations and distributed during the fiscal year. This amount is reflected as a percentage of total estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the calendar year 2021. Generally, interest from direct U.S. Government obligations is exempt from state income tax. Please consult your tax advisor for the availability of a state tax exemption based on your individual circumstances.

(4)	Foreign Tax Credit represents the amount of dividends that qualify for the foreign tax credit pass through under Section 853 of the Internal Revenue Code and is reflected as a percentage of “investment company taxable income” (as defined in Section 852(b)(2) of the Internal Revenue Code).

(5)	Foreign Source Income represents the amount of dividends derived from foreign sources and is reflected as a percentage of “investment company taxable income” (as defined in Section 852(b)(2) of the Internal Revenue Code).

(6)

Qualified Net Interest Income represents the amount of interest income available as interest-related dividends generally exempt from withholding taxes for non-U.S. shareholders under Section 871(k)(1) of the Internal Revenue Code. The information is reflected as a percentage estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the calendar year 2021.

(7)

Qualified Short-Term Capital Gain represents the amount available as short-term capital gain dividends generally exempt from withholding taxes for non-U.S. shareholders under Section 871(k)(2) of the Internal Revenue Code. The information is reflected as a percentage of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the calendar year 2021.

See accompanying Notes to Financial Statements.

285

DFA103121-001AI

00267814

ITEM 2.

CODE OF ETHICS.

The Registrant has adopted, as of the end of the period covered by this Form N-CSR (the “Report”), a code of ethics that applies to the Registrant’s Co-Principal Executive Officers and Principal Financial Officer (the “Code of Business Ethics”). The Registrant has not made any substantive amendments to the Code of Business Ethics during the period covered by this Report. The Registrant also has not granted any waiver from any provisions of the Code of Business Ethics during the period covered by this Report. A copy of the Code of Business Ethics is filed as an exhibit to this Report.

ITEM 3.

AUDIT COMMITTEE FINANCIAL EXPERT.

The Registrant’s Board of Trustees has determined that Abbie J. Smith possesses the technical attributes to qualify as an “audit committee financial expert” serving on the Registrant’s Audit Committee and has designated Ms. Smith as the “audit committee financial expert.” Ms. Smith

earned a Ph.D. in Accounting, and has taught Accounting at the graduate level since 1980. Ms. Smith’s education and career have provided her with an understanding of generally accepted accounting principles and financial statements; the ability to assess the general application of such principles in connection with the accounting for estimates, accruals and reserves; and experience preparing, analyzing and evaluating financial statements that present a breadth and level of complexity of issues that can reasonably be expected to be raised by the Registrant’s financial statements. In addition, Ms. Smith has served on the boards of directors and audit committees of entities other than the Registrant. Ms. Smith is independent under the standards set forth in Item 3 of Form N-CSR.

ITEM 4.

PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(a)

Audit Fees

Fiscal Year Ended October 31, 2021: $69,273

Fiscal Year Ended October 31, 2020: $21,254

(b)

Audit-Related Fees


Fees for Registrant		Fiscal Year Ended October 31, 2021: $5,621

		Fiscal Year Ended October 31, 2020: $1,728

For fiscal years ended October 31, 2021 and October 31, 2020, Audit-Related Fees included fees for services related to limited procedures performed in connection with the production of the Registrant’s semi-annual financial statements.

Audit-Related Fees required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X


		Fiscal Year Ended October 31, 2021: $220,000

		Fiscal Year Ended October 31, 2020: $215,000

For the fiscal years ended October 31, 2021 and October 31, 2020, Audit-Related Fees required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X included fees for services rendered in connection with the issuance of a Type II SSAE 16 over controls at the Registrant’s investment adviser.

(c)

Tax Fees


Fees for Registrant		Fiscal Year Ended October 31, 2021: $0

		Fiscal Year Ended October 31, 2020: $0

There were no Tax Fees required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X during the fiscal years indicated above.

(d)

All Other Fees


Fees for Registrant		Fiscal Year Ended October 31, 2021: $0

		Fiscal Year Ended October 31, 2020: $0

There were no “All Other Fees” required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X during the fiscal years indicated above.

(e)(1) Audit Committee’s Pre-Approval Policies and Procedures

Pre-Approval Policies and Procedures

as adopted by the

Audit Committees

DFA Investment Dimensions Group Inc.

Dimensional Emerging Markets Value Fund

Dimensional Investment Group Inc.

The DFA Investment Trust Company

(together, the “Funds”)

The Sarbanes-Oxley Act of 2002 (the “Act”) and the rules (the “Rules”) adopted by the U.S. Securities and Exchange Commission (the “SEC”) require that the Funds’ Audit Committees (together, the “Committee”) pre-approve all audit services and non-audit services provided to the Funds by their independent registered public accounting firm (the “Auditor”). The Act and the Rules also require that the Committee pre-approve all non-audit services provided by the Auditor to Dimensional Fund Advisors LP (“Dimensional”), the Funds’ investment advisor, and to affiliates of Dimensional that provide ongoing services to the Funds (with Dimensional, together the “Service Affiliates”) if the services directly impact the Funds’ operations and financial reporting.

The following policies and procedures govern the ways in which the Committee will pre-approve audit and various types of non-audit services that the Auditor provides to the Funds and to Service Affiliates. These policies and procedures do not apply in the case of audit services that the Auditor provides to Service Affiliates, nor do they apply to services that an audit firm other than the Auditor provides to such entities.

These policies and procedures comply with the requirements for pre-approval, but also provide mechanisms by which management of the Funds may request and secure pre-approval of audit and non-audit services in an orderly manner with minimal disruption to normal business operations. Pre-approval of non-audit services may be achieved through a combination of the procedures described in Sections C and D below.

General

The Committee must pre-approve all audit services and non-audit services that the Auditor provides to the Funds.

The Committee must pre-approve any engagement of the Auditor to provide non-audit services to any Service Affiliate during the period of the Auditor’s engagement to provide audit services to the Funds, if the non-audit services to the Service Affiliate directly impact the Funds’ operations and financial reporting.

Pre-Approval of Audit Services to the Funds

The Committee shall approve the engagement of an independent registered public accounting firm to certify the Funds’ financial statements for each fiscal year (the “Engagement”). The approval of the Engagement shall not be delegated to a Designated Member (as that term is defined in Section D below). In approving the Engagement, the Committee shall obtain, review and consider sufficient information concerning the proposed Auditor to enable the Committee to make a reasonable evaluation of the Auditor’s qualifications and independence. The Committee also shall consider the Auditor’s proposed fees for the Engagement, in light of the scope and nature of the audit services that the Funds will receive.

The Committee shall report to the Boards of Directors/Trustees of the Funds (together, the “Board”) regarding its approval of the Engagement and of the proposed fees for the Engagement, and the basis for such approval.

Unless otherwise in accordance with applicable law, the Engagement, in any event, shall require that the Auditor be selected by the vote, cast in person, of a majority of the members of the Board who are not “interested persons” of the Funds (as that term is defined in Section 2(a)(19) of the Investment Company Act of 1940) (the “Independent Directors”).

Pre-Approval of Non-Audit Services to the Funds and to Service Affiliates—by Types of Services

The Committee may pre-approve types of non-audit services (including tax services) to the Funds and their Service Affiliates pursuant to this Section C.

Annually, at such time as the Committee considers the Engagement of the Auditor, management of the Funds, in consultation with the Auditor, shall provide to the Committee, for its consideration and action, the following: (a) a list of those types of non-audit services, if any, that the Funds may request from the Auditor during the fiscal year; and (b) a list of those types of non-audit services directly impacting the Funds’ operations and financial reporting that Service Affiliates may request from the Auditor during the fiscal year.

The lists submitted to the Committee shall describe the types of non-audit services in reasonable detail (which may include a range of tax services) and shall include an estimated budget (or budgeted range) of fees, where possible, and such other information as the Committee may request. If management and the Auditor desire the Committee to preapprove the furnishing of a range of tax services, the Auditor shall provide an estimated range of fees for such tax services for the consideration and approval by the Committee.

The Committee’s pre-approval of the types of non-audit services submitted pursuant to this Section C shall constitute authorization for management of the Funds to utilize the Auditor for the types of non-audit services so pre-approved, if needed or desired during the fiscal year.

A list of the types of non-audit services pre-approved by the Committee pursuant to this Section C will be distributed to management of the Service Affiliates and the appropriate partners of the Auditor. Periodically, the Auditor will discuss with the Committee those non-audit services that have been or are being provided pursuant to this Section C.

Pre-Approval of Non-Audit Services to the Funds and to Service Affiliates—Project-by-Project Basis

The Committee also may pre-approve non-audit services on a project-by-project basis pursuant to this Section D.

Management of the Funds, in consultation with the Auditor, may submit either to the Committee or to the Designated Member, as provided in this Section D, for their consideration and action, a pre-approval request identifying one or more non-audit service projects. The request so submitted shall describe the project(s) in reasonable detail and shall include an estimated budget (or budgeted range) of fees and such other information as the Committee or the Designated Member, as appropriate, shall request.

The Committee, from time to time, shall designate one or more of its members who are Independent Directors (each a “Designated Member”) to consider, on the Committee’s behalf, any non-audit services, whether to the Funds or to any Service Affiliate, that have not been pre-approved by the Committee. The Designated Member also shall review, on the Committee’s behalf, any proposed material change in the nature or extent of any non-audit services previously approved. The Funds’ management, in consultation with the Auditor, shall explain why such non-audit services or material change in non-audit services are necessary and appropriate and the anticipated costs thereof.

The Designated Member will review the requested non-audit services or proposed material change in such services and will either:

(a)

pre-approve, pre-approve subject to conditions, or disapprove any such requested services, or any proposed material change in services, whether to the Funds or to a Service Affiliate; or

(b)

refer such matter to the full Committee for its consideration and action.

In considering any requested non-audit services or proposed material change in such services, the Designated Member’s authority shall be limited to approving non-audit services or proposed material changes that do not exceed $10,000 in value.

The Designated Member’s pre-approval (or pre-approval subject to conditions) of the requested non-audit services or proposed material change in services pursuant to this Section D shall constitute authorization for the management of the Funds or the Service Affiliate, as the case may be, to utilize the Auditor for the non-audit services so pre-approved. Any action by the Designated Member in approving a requested non-audit service shall be presented for ratification by the Committee not later than at its next scheduled meeting. If the Designated Member does not approve the Auditor providing the requested non-audit service, the matter may be presented to the full Committee for its consideration and action.

Amendment; Annual Review

The Committee may amend these procedures from time to time.

These procedures shall be reviewed annually by the Committee.

Recordkeeping

The Funds shall maintain a written record of all decisions made by the Committee or by a Designated Member pursuant to these procedures, together with appropriate supporting materials.

In connection with the approval of any non-audit service pursuant to the de minimis exception provided in the Rules, a record shall be made indicating that each of the conditions for this exception, as set forth in the Rules, has been satisfied.

A copy of these Procedures (and of any amendments to these Procedures) shall be maintained and preserved permanently in an easily accessible place. The written records referred to in paragraphs 1 and 2 of this Section F shall be maintained and preserved for six years from the end of the fiscal year in which the actions recorded were taken, for at least the first two years in an easily accessible location.

(e)(2)

The fees disclosed in Items 4(b), 4(c) or 4(d) were approved by the Registrant’s Audit Committee but not pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

(f)

The percentage of hours expended on the principal accountant’s engagement to audit the Registrant’s financial statements for the fiscal year ended October 31, 2021 that were attributed to work performed by persons other than the principal accountant’s full time, permanent employees was not greater than 50%.

(g)

Aggregate Non-Audit Fees

Fiscal

Year Ended October 31, 2021: $1,304,747

Fiscal

Year Ended October 31, 2020: $1,295,854

(h)

The Registrant’s Audit Committee has considered whether the provision of non-audit services that were rendered to the Registrant’s investment adviser, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant, that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

ITEM 5.

AUDIT COMMITTEE OF LISTED REGISTRANTS.

This item is not applicable to the Registrant because it is not a listed issuer.

ITEM 6.

INVESTMENTS.

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

DIMENSIONAL EMERGING MARKETS VALUE FUND

SCHEDULE OF INVESTMENTS

October 31, 2021


		Shares		Value»
COMMON STOCKS — (97.8%)
BRAZIL — (3.4%)
*	Alliar Medicos A Frente SA		200,100	$	524,732
*	Anima Holding SA		75,000		87,707
	Banco Bradesco SA, ADR		1,092,950		3,825,325
	Banco Bradesco SA		2,646,600		7,971,969
	Banco do Brasil SA		2,848,186		14,382,739
	Banco Santander Brasil SA		1,088,506		6,634,644
	BrasilAgro - Co. Brasileira de Propriedades Agricolas		328,463		1,470,104
*	C&A Modas Ltda		34,400		36,937
	Camil Alimentos SA		625,691		1,073,158
	Cia Brasileira de Distribuicao		684,958		3,098,440
#	Cia Siderurgica Nacional SA, Sponsored ADR		748,986		3,055,863
	Cielo SA		1,279,019		496,306
	CSU Cardsystem SA		69,819		209,563
	Cyrela Brazil Realty SA Empreendimentos e Participacoes		494,989		1,235,762
	Direcional Engenharia SA		628,557		1,062,482
*	Embraer SA		375,900		1,460,627
*	Embraer SA, Sponsored ADR		210,512		3,269,251
	Enauta Participacoes SA		681,873		1,544,055
	Even Construtora e Incorporadora SA		717,656		790,925
	Fras-Le SA		22,500		56,651
*	Gafisa SA		64,000		22,793
	Gafisa SA, ADR		164,984		110,539
#	Gerdau SA, Sponsored ADR		4,664,503		22,063,099
	Gerdau SA		254,766		1,003,933
*	Getnet Adquirencia e Servicos para Meios de Pagamento SA		272,127		210,226
	Guararapes Confeccoes SA		20,600		39,968
	Helbor Empreendimentos SA		130,440		110,476
	Iguatemi Empresa de Shopping Centers SA		117,331		622,429
	Industrias Romi SA		248,266		718,343
*	International Meal Co. Alimentacao SA, Class A		464,842		231,441
*	Iochpe-Maxion SA		835,706		2,484,699
	JBS SA		2,928,450		20,262,230
	JHSF Participacoes SA		1,753,405		1,550,284
	M Dias Branco SA		19,800		108,581
*	Marisa Lojas SA		721,250		525,238
	Mills Estruturas e Servicos de Engenharia SA		93,500		83,331
	MRV Engenharia e Participacoes SA		258,300		464,535
	Petroleo Brasileiro SA, Sponsored ADR		10,919,479		104,936,193
	Petroleo Brasileiro SA, Sponsored ADR		5,515,017		54,157,467
	Petroleo Brasileiro SA		9,916,353		48,617,153
	Positivo Tecnologia SA		156,700		234,059
	Sao Carlos Empreendimentos e Participacoes SA		60,300		395,319
	Sendas Distribuidora SA		1,015,790		2,751,945
W	Ser Educacional SA		23,900		44,211
	SLC Agricola SA		532,343		4,110,618
	TIM SA		2,003,840		3,983,678
	Trisul SA		290,805		301,430
	Tupy SA		490,902		1,817,028
	Ultrapar Participacoes SA		911,136		2,106,794
	Usinas Siderurgicas de Minas Gerais SA Usiminas		549,500		1,254,042
	Vale SA		10,579,377		134,233,887
*	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		192,737		243,833
	Vibra Energia SA		176,700		656,856

TOTAL BRAZIL					462,743,898

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHILE — (0.5%)
	Besalco SA		530,992	$	140,337
*	Camanchaca SA		1,334,309		56,541
	CAP SA		790,492		7,828,360
	Cementos BIO BIO SA		665,307		596,264
	Cencosud SA		7,523,739		11,004,099
	Cia Sud Americana de Vapores SA		48,651,513		3,161,968
	Cristalerias de Chile SA		264,624		875,065
	Empresa Nacional de Telecomunicaciones SA		712,006		2,442,122
	Empresas CMPC SA		5,272,541		9,728,739
	Empresas COPEC SA		1,840,697		14,479,671
*	Empresas Hites SA		1,783,807		305,490
*	Empresas La Polar SA		18,620,639		235,799
	Enel Americas SA, ADR		1,131,013		6,401,534
	Enel Americas SA		13,898,479		1,581,581
#	Enel Chile SA, ADR		176,983		384,053
	Grupo Security SA		3,945,934		597,151
	Inversiones Aguas Metropolitanas SA		2,266,399		1,073,258
*	Itau CorpBanca Chile SA		568,841,776		1,263,147
*	Latam Airlines Group SA		736,124		1,076,444
*	Masisa SA		9,310,884		131,552
	PAZ Corp. SA		1,562,812		549,390
*	Ripley Corp. SA		1,282,589		216,790
	Salfacorp SA		2,200,300		743,881
	Sigdo Koppers SA		187,924		176,849
	SMU SA		729,291		72,657
	Sociedad Matriz SAAM SA		47,547,899		2,970,184
	Socovesa SA		3,702,080		484,843
	SONDA SA		53,757		18,176
	Vina Concha y Toro SA		1,394,046		2,027,205

TOTAL CHILE					70,623,150

CHINA — (30.6%)
*	360 DigiTech, Inc., ADR		18,207		371,605
*	360 Security Technology, Inc., Class A		661,700		1,244,801
*	361 Degrees International Ltd.		5,729,000		2,779,123
# * W	3SBio, Inc.		4,591,000		4,197,250
	5I5J Holding Group Co. Ltd., Class A		1,102,800		513,476
	AAC Technologies Holdings, Inc.		3,268,000		14,125,002
W	AAG Energy Holdings Ltd.		308,000		68,950
	Accelink Technologies Co. Ltd., Class A		171,600		581,345
	Advanced Technology & Materials Co. Ltd., Class A		275,600		366,731
	AECC Aero-Engine Control Co. Ltd., Class A		244,300		1,019,035
	AECC Aviation Power Co. Ltd., Class A		345,407		3,191,593
*	Aerospace Hi-Tech Holdings Grp Ltd., Class A		419,623		550,967
	Agile Group Holdings Ltd.		10,528,999		8,254,133
	Agricultural Bank of China Ltd., Class H		95,473,000		32,442,414
*	Air China Ltd., Class H		7,800,000		5,487,474
	Aisino Corp., Class A		596,467		1,067,724
	Ajisen China Holdings Ltd.		3,383,000		578,009
*	Alibaba Group Holding Ltd.		7,316,900		150,454,912
*	Alpha Group, Class A		286,500		225,724
# *	Aluminum Corp. of China Ltd., Class H		20,860,000		12,553,344
	Angang Steel Co. Ltd., Class H		9,163,632		4,925,713
	Anhui Conch Cement Co. Ltd., Class H		7,897,000		39,049,918
	Anhui Construction Engineering Group Co. Ltd., Class A		454,600		275,117
	Anhui Guangxin Agrochemical Co. Ltd., Class A		89,500		494,123
	Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A		499,340		546,749
	Anhui Jiangnan Chemical Industry Co. Ltd., Class A		414,960		337,248
	Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A		378,200		615,500

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Anhui Xinhua Media Co. Ltd., Class A		683,764	$	503,107
	Anhui Zhongding Sealing Parts Co. Ltd., Class A		748,604		2,010,994
# *	Anton Oilfield Services Group		16,568,000		1,125,221
	Aoshikang Technology Co. Ltd., Class A		49,300		549,543
	APT Satellite Holdings Ltd.		154,000		45,584
	Asia Cement China Holdings Corp.		3,553,500		2,707,767
W	AsiaInfo Technologies Ltd.		446,000		734,824
# *	Asian Citrus Holdings Ltd.		4,633,000		112,419
	Ausnutria Dairy Corp. Ltd.		1,564,000		1,956,517
	AVIC Electromechanical Systems Co. Ltd., Class A		27,400		65,009
	AVIC Industry-Finance Holdings Co. Ltd., Class A		2,732,900		1,662,749
	AviChina Industry & Technology Co. Ltd., Class H		12,969,000		8,251,516
W	BAIC Motor Corp. Ltd., Class H		12,987,500		4,302,105
*	Baidu, Inc., Sponsored ADR		883,875		143,399,880
W	BAIOO Family Interactive Ltd.		1,124,000		90,442
	Bank of Beijing Co. Ltd., Class A		5,995,822		4,149,989
	Bank of Changsha Co. Ltd., Class A		1,373,600		1,726,579
	Bank of Chengdu Co. Ltd., Class A		1,596,328		3,183,899
	Bank of China Ltd., Class H		301,203,817		106,596,497
	Bank of Chongqing Co. Ltd., Class H		3,051,500		1,713,940
	Bank of Communications Co. Ltd., Class H		41,482,574		24,677,266
	Bank of Hangzhou Co. Ltd., Class A		1,844,805		4,114,839
	Bank of Jiangsu Co. Ltd., Class A		4,149,605		4,077,758
	Bank of Nanjing Co. Ltd., Class A		3,991,531		6,050,102
	Bank of Ningbo Co. Ltd., Class A		1,742,529		10,388,262
	Bank of Shanghai Co. Ltd., Class A		3,689,247		4,203,369
*	Bank of Tianjin Co. Ltd., Class H		29,000		11,929
# * W	Bank of Zhengzhou Co. Ltd., Class H		402,599		95,529
	Baoshan Iron & Steel Co. Ltd., Class A		7,814,777		8,698,090
	Baosheng Science & Technology Innovation Co. Ltd., Class A		196,050		148,584
*	Baoye Group Co. Ltd., Class H		1,561,120		763,480
*	Baozun, Inc., Class A		2,500		14,430
	BBMG Corp., Class H		16,973,000		2,851,852
	Befar Group Co. Ltd., Class A		254,600		334,075
	Beibuwan Port Co. Ltd., Class A		258,100		300,543
	Beijing Capital Development Co. Ltd., Class A		425,200		326,634
	Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A		3,783,279		1,987,875
# *	Beijing Capital International Airport Co. Ltd., Class H		12,208,000		7,938,435
*	Beijing Energy International Holding Co. Ltd.		4,182,000		158,010
	Beijing Enlight Media Co. Ltd., Class A		195,500		286,052
*	Beijing Enterprises Clean Energy Group Ltd.		4,880,000		65,597
	Beijing Enterprises Holdings Ltd.		3,226,000		12,400,389
*	Beijing Enterprises Urban Resources Group Ltd.		324,000		32,824
	Beijing Enterprises Water Group Ltd.		17,900,000		6,841,992
*	Beijing Forever Technology Co. Ltd., Class A		120,800		217,029
	Beijing GeoEnviron Engineering & Technology, Inc., Class A		255,190		647,520
# *	Beijing Health Holdings Ltd.		3,048,000		38,411
*	Beijing Jetsen Technology Co. Ltd., Class A		87,500		56,056
	Beijing Konruns Pharmaceutical Co. Ltd., Class A		34,500		167,099
	Beijing New Building Materials PLC, Class A		9,100		40,101
	Beijing North Star Co. Ltd., Class H		6,026,000		966,888
*	Beijing Orient Landscape & Environment Co. Ltd., Class A		719,200		319,015
*	Beijing Orient National Communication Science & Technology Co. Ltd., Class A		375,300		517,024
	Beijing Originwater Technology Co. Ltd., Class A		775,200		843,745
*	Beijing Sanju Environmental Protection & New Material Co. Ltd., Class A		81,200		77,282
	Beijing Shiji Information Technology Co. Ltd., Class A		134,398		497,441
*	Beijing Shougang Co. Ltd., Class A		756,666		680,497
	Beijing Sinnet Technology Co. Ltd., Class A		488,228		1,007,768

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Beijing SL Pharmaceutical Co. Ltd., Class A		427,200	$	619,143
	Beijing SPC Environment Protection Tech Co. Ltd., Class A		367,135		344,531
	Beijing Thunisoft Corp. Ltd., Class A		169,434		283,597
	Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		88,000		112,137
W	Beijing Urban Construction Design & Development Group Co. Ltd., Class H		476,000		126,671
	Beijing Yanjing Brewery Co. Ltd., Class A		1,317,929		1,367,434
	Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A		440,600		770,778
	Best Pacific International Holdings Ltd.		396,000		120,989
	Bestsun Energy Co. Ltd., Class A		173,200		132,174
	Better Life Commercial Chain Share Co. Ltd., Class A		523,230		549,871
	Biem.L.Fdlkk Garment Co. Ltd., Class A		73,725		283,397
	Blue Sail Medical Co. Ltd., Class A		492,700		1,113,472
	Bluefocus Intelligent Communications Group Co. Ltd., Class A		971,800		760,006
	BOE Technology Group Co. Ltd., Class A		13,370,757		10,272,510
*	Bohai Leasing Co. Ltd., Class A		2,291,900		941,466
	Bosideng International Holdings Ltd.		590,000		457,164
*	Boyaa Interactive International Ltd.		1,548,000		103,184
	Bright Dairy & Food Co. Ltd., Class A		630,905		1,373,556
	Bright Real Estate Group Co. Ltd., Class A		171,200		58,300
* ††	Brilliance China Automotive Holdings Ltd.		16,650,000		5,511,151
*	BTG Hotels Group Co. Ltd., Class A		200,100		764,604
	C C Land Holdings Ltd.		15,977,429		3,580,706
	C&D International Investment Group Ltd.		444,726		827,772
# *	CA Cultural Technology Group Ltd.		1,338,000		104,901
	Cabbeen Fashion Ltd.		1,514,000		620,634
	Caitong Securities Co. Ltd., Class A		518,700		831,263
	Camel Group Co. Ltd., Class A		216,320		442,414
	Canny Elevator Co. Ltd., Class A		211,052		240,608
*	Capital Environment Holdings Ltd.		12,116,000		283,493
	Carrianna Group Holdings Co. Ltd.		3,478,391		308,123
* ††	CECEP COSTIN New Materials Group Ltd.		132,000		1,909
	CECEP Solar Energy Co. Ltd., Class A		1,309,900		2,283,363
	CECEP Wind-Power Corp., Class A		941,500		1,085,253
	Central China Management Co. Ltd.		7,334,350		1,131,452
	Central China Real Estate Ltd.		6,699,350		1,007,102
	Central China Securities Co. Ltd., Class H		217,000		39,813
#	CGN New Energy Holdings Co. Ltd.		8,204,000		7,678,736
	CGN Nuclear Technology Development Co. Ltd., Class A		179,700		250,331
	Changchun Faway Automobile Components Co. Ltd., Class A		121,820		199,699
	Changjiang Securities Co. Ltd., Class A		1,260,190		1,425,344
	Changying Xinzhi Technology Co. Ltd., Class A		39,100		102,531
	Chanjet Information Technology Co. Ltd., Class H		21,000		27,005
	Chaowei Power Holdings Ltd.		3,811,000		1,122,821
*	Cheetah Mobile, Inc., ADR		218,633		367,303
	Chengdu Fusen Noble-House Industrial Co. Ltd., Class A		284,608		557,099
	Chengdu Hongqi Chain Co. Ltd., Class A		482,110		382,448
	China Aerospace International Holdings Ltd.		12,534,000		933,750
#	China Aircraft Leasing Group Holdings Ltd.		896,000		619,807
#	China Aoyuan Group Ltd.		7,667,000		3,028,010
	China BlueChemical Ltd., Class H		13,574,878		4,539,175
# *	China Boton Group Co. Ltd.		262,000		93,507
*	China CAMC Engineering Co. Ltd., Class A		347,300		350,605
	China Cinda Asset Management Co. Ltd., Class H		53,481,000		8,928,437
	China CITIC Bank Corp. Ltd., Class H		42,404,112		18,600,546
#	China Coal Energy Co. Ltd., Class H		13,890,000		8,474,084
††	China Common Rich Renewable Energy Investments Ltd.		14,642,000		1,764,266
	China Communications Services Corp. Ltd., Class H		16,467,071		9,103,318
	China Conch Venture Holdings Ltd.		2,833,500		13,768,956
	China Construction Bank Corp., Class H		434,536,101		295,736,876

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	China CSSC Holdings Ltd., Class A		375,700	$	1,320,142
*	China CYTS Tours Holding Co. Ltd., Class A		418,760		654,027
# *	China Dili Group		4,137,899		1,015,636
	China Dongxiang Group Co. Ltd.		19,415,000		2,039,597
*	China Eastern Airlines Corp. Ltd., ADR		2,914		56,328
*	China Eastern Airlines Corp. Ltd., Class H		13,416,000		5,263,817
	China Electronics Optics Valley Union Holding Co. Ltd.		3,112,000		173,268
#	China Energy Engineering Corp. Ltd., Class H		2,124,000		313,154
	China Everbright Bank Co. Ltd., Class H		15,782,000		5,549,913
# W	China Everbright Greentech Ltd.		3,443,000		1,210,725
	China Everbright Ltd.		7,559,869		8,500,706
*	China Film Co. Ltd., Class A		305,100		560,462
* ††	China Financial Services Holdings Ltd.		94,200		7,718
	China Foods Ltd.		2,164,000		826,813
	China Galaxy Securities Co. Ltd., Class H		18,139,000		10,099,363
	China Gas Holdings Ltd.		11,940,000		29,802,476
#	China Glass Holdings Ltd.		4,496,000		1,318,147
*	China Grand Automotive Services Group Co. Ltd., Class A		217,500		91,017
#	China Grand Pharmaceutical & Healthcare Holdings Ltd., Class A		2,995,500		2,398,544
	China Great Wall Securities Co. Ltd., Class A		190,600		340,494
	China Hanking Holdings Ltd.		911,000		165,944
	China Harmony Auto Holding Ltd.		5,759,500		2,945,651
* ††	China High Precision Automation Group Ltd.		429,000		12,613
*	China High Speed Railway Technology Co. Ltd., Class A		716,600		244,021
# *	China High Speed Transmission Equipment Group Co. Ltd.		1,889,000		1,464,462
	China Hongqiao Group Ltd.		10,475,000		11,638,260
* †† W China Huarong Asset Management Co. Ltd., Class H			62,368,000		6,132,192
††	China Huiyuan Juice Group Ltd.		4,269,983		192,411
W	China International Capital Corp. Ltd., Class H		3,750,800		9,286,112
#	China International Marine Containers Group Co. Ltd., Class H		3,412,380		6,760,878
	China Isotope & Radiation Corp.		8,000		22,768
#	China Jinmao Holdings Group Ltd.		30,378,580		8,875,055
	China Jushi Co. Ltd., Class A		1,536,248		4,589,441
#	China Kepei Education Group Ltd.		1,630,000		898,711
	China Lesso Group Holdings Ltd.		8,141,000		12,583,275
	China Life Insurance Co. Ltd., Class H		13,508,000		23,467,034
#	China Lilang Ltd.		1,763,000		1,004,264
# *	China Longevity Group Co. Ltd.		1,152,649		38,073
# * ††	China Lumena New Materials Corp.		1,315,048		0
# *	China Maple Leaf Educational Systems Ltd.		7,422,000		1,188,746
	China Medical System Holdings Ltd.		3,750,000		6,349,570
	China Meheco Co. Ltd., Class A		303,800		528,513
	China Merchants Bank Co. Ltd., Class H		14,808,500		124,097,280
	China Merchants Energy Shipping Co. Ltd., Class A		1,571,640		1,123,714
	China Merchants Land Ltd.		11,986,000		1,338,881
	China Merchants Port Holdings Co. Ltd.		7,949,903		13,253,916
W	China Merchants Securities Co. Ltd., Class H		658,820		1,040,885
	China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		1,361,110		2,219,933
††	China Metal Recycling Holdings Ltd.		3,259,800		0
#	China Minsheng Banking Corp. Ltd., Class H		23,927,400		9,487,130
#	China Modern Dairy Holdings Ltd.		9,212,000		1,737,791
	China Molybdenum Co. Ltd., Class H		9,003,000		5,565,679
	China National Accord Medicines Corp. Ltd., Class A		233,806		1,224,068
	China National Building Material Co. Ltd., Class H		26,405,250		33,093,514
	China National Medicines Corp. Ltd., Class A		258,300		1,230,453
	China National Nuclear Power Co. Ltd., Class A		5,075,483		5,439,532
# W	China New Higher Education Group Ltd.		2,511,000		1,258,608
*	China New Town Development Co. Ltd.		11,705,522		134,590
*	China Oil & Gas Group Ltd.		18,900,000		1,172,060

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	China Oilfield Services Ltd., Class H		8,924,000	$	8,534,612
	China Oriental Group Co. Ltd.		8,518,000		2,397,351
	China Overseas Grand Oceans Group Ltd.		12,669,500		6,074,374
	China Overseas Land & Investment Ltd.		22,666,000		49,991,125
	China Pacific Insurance Group Co. Ltd., Class H		10,245,400		31,329,126
#	China Petroleum & Chemical Corp., ADR		774,776		37,716,135
	China Petroleum & Chemical Corp., Class H		77,479,575		37,750,582
	China Pioneer Pharma Holdings Ltd.		1,142,000		169,953
* ††	China Properties Group Ltd.		3,380,000		135,213
	China Publishing & Media Co. Ltd., Class A		477,385		404,871
	China Railway Group Ltd., Class H		22,192,000		10,840,686
W	China Railway Signal & Communication Corp. Ltd., Class H		5,576,000		1,956,086
	China Railway Tielong Container Logistics Co. Ltd., Class A		303,900		224,356
# *	China Rare Earth Holdings Ltd.		4,650,600		489,964
	China Reinsurance Group Corp., Class H		24,824,000		2,581,511
W	China Renaissance Holdings Ltd.		29,500		71,289
	China Resources Cement Holdings Ltd.		17,062,000		14,347,507
	China Resources Double Crane Pharmaceutical Co. Ltd., Class A		675,381		1,204,710
	China Resources Gas Group Ltd.		2,388,000		12,817,206
	China Resources Land Ltd.		20,648,000		80,227,147
	China Resources Medical Holdings Co. Ltd.		5,256,500		3,687,682
# W	China Resources Pharmaceutical Group Ltd.		9,373,500		4,509,093
	China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		510,231		1,923,562
	China Risun Group Ltd.		709,000		432,146
#	China Sanjiang Fine Chemicals Co. Ltd.		5,245,000		1,581,200
	China SCE Group Holdings Ltd.		13,607,000		4,243,693
	China Science Publishing & Media Ltd., Class A		232,700		299,135
* W	China Shengmu Organic Milk Ltd.		729,000		50,338
	China Shenhua Energy Co. Ltd., Class H		19,655,500		42,265,118
	China Shineway Pharmaceutical Group Ltd.		2,159,000		2,069,847
	China Shuifa Singyes Energy Holdings Ltd.		520,000		143,786
*	China Silver Group Ltd.		8,388,000		642,236
#	China South City Holdings Ltd.		31,676,000		2,360,826
	China South Publishing & Media Group Co. Ltd., Class A		602,000		770,392
# *	China Southern Airlines Co. Ltd., Class H		9,962,000		6,058,011
	China Starch Holdings Ltd.		13,595,000		296,294
	China State Construction Engineering Corp. Ltd., Class A		16,812,606		12,231,789
*	China Sunshine Paper Holdings Co. Ltd.		1,885,000		427,211
	China Taiping Insurance Holdings Co. Ltd.		11,400,800		17,348,488
# *	China Tianrui Group Cement Co. Ltd.		45,000		38,657
*	China Tianying, Inc., Class A		948,700		703,555
W	China Tower Corp. Ltd., Class H		117,092,000		15,174,976
	China Traditional Chinese Medicine Holdings Co. Ltd.		18,684,000		8,890,582
	China TransInfo Technology Co. Ltd., Class A		240,300		502,177
# *	China Travel International Investment Hong Kong Ltd.		18,963,631		2,750,859
*	China Tungsten & Hightech Materials Co. Ltd., Class A		302,733		627,643
	China Vanke Co. Ltd., Class H		8,314,005		19,425,081
# W	China Vast Industrial Urban Development Co. Ltd.		1,490,000		430,794
	China West Construction Group Co. Ltd., Class A		358,900		402,947
* ††	China Wood Optimization Holding Ltd.		88,000		7,634
W	China Xinhua Education Group Ltd.		294,000		62,641
	China XLX Fertiliser Ltd.		1,879,000		1,318,822
	China Yongda Automobiles Services Holdings Ltd.		5,088,000		8,095,387
# *	China ZhengTong Auto Services Holdings Ltd.		8,694,500		1,060,418
	China Zheshang Bank Co. Ltd., Class H		24,000		9,653
	China Zhonghua Geotechnical Engineering Group Co. Ltd., Class A		270,700		112,315
# *	China Zhongwang Holdings Ltd.		13,622,954		2,941,529
	Chinasoft International Ltd.		3,412,000		5,697,116
	Chinese Universe Publishing & Media Group Co. Ltd., Class A		536,800		875,061

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Chongqing Changan Automobile Co. Ltd., Class A		1,390,513	$	4,252,746
	Chongqing Department Store Co. Ltd., Class A		222,784		801,439
	Chongqing Dima Industry Co. Ltd., Class A		1,242,992		448,835
	Chongqing Machinery & Electric Co. Ltd., Class H		1,022,000		93,020
	Chongqing Rural Commercial Bank Co. Ltd., Class H		16,097,000		5,790,383
	Chongqing Zongshen Power Machinery Co. Ltd., Class A		662,300		678,696
	Chu Kong Shipping Enterprises Group Co. Ltd.		526,000		64,154
	CIFI Holdings Group Co. Ltd.		18,714,758		10,388,154
	CIMC Enric Holdings Ltd.		4,910,000		6,313,798
*	Cinda Real Estate Co. Ltd., Class A		783,100		392,905
	Cisen Pharmaceutical Co. Ltd., Class A		161,500		303,165
*	CITIC Guoan Information Industry Co. Ltd., Class A		546,700		191,873
	CITIC Ltd.		25,131,483		25,176,604
*	CITIC Resources Holdings Ltd.		15,150,000		1,066,873
#	CITIC Securities Co. Ltd., Class H		4,885,500		12,404,075
# *	Citychamp Watch & Jewellery Group Ltd.		476,000		80,243
	CMST Development Co. Ltd., Class A		304,400		290,896
	CNHTC Jinan Truck Co. Ltd., Class A		340,258		704,267
	CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A		492,800		1,061,702
	COFCO Biotechnology Co. Ltd., Class A		469,400		781,461
# * W	Cogobuy Group		1,339,000		491,805
#	Colour Life Services Group Co. Ltd.		2,857,548		500,497
#	Comba Telecom Systems Holdings Ltd.		1,318,000		366,999
	Concord New Energy Group Ltd.		39,820,000		4,199,123
	Consun Pharmaceutical Group Ltd.		2,355,000		1,009,240
*	Coolpad Group Ltd.		13,182,079		692,089
	COSCO SHIPPING Development Co. Ltd., Class H		13,494,000		2,622,186
#	COSCO SHIPPING Energy Transportation Co. Ltd., Class H		8,686,000		3,838,529
	COSCO SHIPPING International Hong Kong Co. Ltd.		3,614,000		1,159,813
	COSCO SHIPPING Ports Ltd.		13,271,761		11,047,224
* W	Cosmo Lady China Holdings Co. Ltd.		642,000		46,238
	Country Garden Holdings Co. Ltd.		36,552,799		34,396,440
	CP Pokphand Co. Ltd.		10,346,000		1,464,136
#	CPMC Holdings Ltd.		4,586,000		2,240,844
	CQ Pharmaceutical Holding Co. Ltd., Class A		507,600		379,207
# *	Crazy Sports Group Ltd.		7,256,000		365,148
	CSG Holding Co. Ltd., Class A		567,849		802,581
	CSPC Pharmaceutical Group Ltd.		2,798,000		2,919,712
	CSSC Hong Kong Shipping Co. Ltd.		134,000		19,787
	CTS International Logistics Corp. Ltd., Class A		337,870		651,205
	D&O Home Collection Co. Ltd., Class A		147,557		292,957
#	DaFa Properties Group Ltd.		402,000		260,477
W	Dali Foods Group Co. Ltd.		3,807,500		2,119,946
	Dalian Huarui Heavy Industry Group Co. Ltd., Class A		619,671		373,625
	Daqin Railway Co. Ltd., Class A		6,459,961		6,409,783
	Dare Power Dekor Home Co. Ltd., Class A		144,600		264,100
	Dashang Co. Ltd., Class A		205,208		624,332
	Dawnrays Pharmaceutical Holdings Ltd.		684,000		149,577
*	Dazhong Transportation Group Co. Ltd., Class A		359,539		185,380
	Dazzle Fashion Co. Ltd., Class A		185,600		542,957
	DBG Technology Co. Ltd., Class A		298,278		648,375
	Deppon Logistics Co. Ltd., Class A		195,700		334,257
#	Dexin China Holdings Co. Ltd.		736,000		246,922
	DHC Software Co. Ltd., Class A		701,900		761,282
	Digital China Group Co. Ltd., Class A		227,300		530,565
	Digital China Holdings Ltd.		3,504,000		1,889,011
	Digital China Information Service Co. Ltd., Class A		316,700		551,885
	Dong-E-E-Jiao Co. Ltd., Class A		247,813		1,570,672
	Dongfang Electric Corp. Ltd., Class H		2,029,200		3,237,845

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Dongfang Electronics Co. Ltd., Class A		289,100	$	277,203
	Dongfeng Motor Group Co. Ltd., Class H		13,572,000		12,640,377
	Dongjiang Environmental Co. Ltd., Class H		51,000		23,267
	Dongxing Securities Co. Ltd., Class A		763,900		1,308,341
#	Dongyue Group Ltd.		3,020,000		7,026,369
	Dynagreen Environmental Protection Group Co. Ltd., Class H		340,000		173,504
# *	E-Commodities Holdings Ltd.		5,880,000		621,937
	Edvantage Group Holdings Ltd.		104,000		67,659
	Elion Energy Co. Ltd., Class A		807,498		626,122
*	Enjoyor Co. Ltd., Class A		103,300		111,634
	ENN Natural Gas Co. Ltd., Class A		219,900		633,083
* W	ESR Cayman Ltd.		457,200		1,479,437
#	Essex Bio-technology Ltd.		207,000		140,899
	EVA Precision Industrial Holdings Ltd.		3,990,000		696,808
*	Everbright Jiabao Co. Ltd., Class A		607,266		245,671
# W	Everbright Securities Co. Ltd., Class H		1,371,200		1,070,851
*	Fang Holdings Ltd., ADR		3,666		21,335
	Fangda Carbon New Material Co. Ltd., Class A		915,594		1,538,736
	Fangda Special Steel Technology Co. Ltd., Class A		631,970		731,795
#	Fantasia Holdings Group Co. Ltd.		14,882,515		1,071,166
#	Far East Horizon Ltd.		7,898,000		7,530,298
	FAW Jiefang Group Co. Ltd.		724,752		1,181,430
	Fiberhome Telecommunication Technologies Co. Ltd., Class A		327,778		882,019
*	FIH Mobile Ltd.		939,000		146,068
	Financial Street Holdings Co. Ltd., Class A		569,730		522,171
#	FinVolution Group, ADR		60,163		368,198
#	First Tractor Co. Ltd., Class H		718,000		361,962
	Focused Photonics Hangzhou, Inc., Class A		26,500		76,597
	Foshan Nationstar Optoelectronics Co. Ltd., Class A		216,100		345,633
	Fosun International Ltd.		12,910,683		15,126,381
	Founder Securities Co. Ltd., Class A		1,689,907		2,154,848
	FriendTimes, Inc.		338,000		49,741
	Fu Shou Yuan International Group Ltd.		3,066,000		2,632,205
	Fuan Pharmaceutical Group Co. Ltd., Class A		571,196		352,507
	Fufeng Group Ltd.		11,203,000		3,878,173
	Fujian Longking Co. Ltd., Class A		325,100		412,772
	Fujian Longma Environmental Sanitation Equipment Co. Ltd., Class A		164,900		322,573
	Fujian Star-net Communication Co. Ltd., Class A		196,200		671,341
	Fujian Sunner Development Co. Ltd., Class A		579,198		2,033,426
	Gansu Qilianshan Cement Group Co. Ltd., Class A		256,400		386,658
	Gansu Shangfeng Cement Co. Ltd., Class A		278,900		757,475
* ††	GCL-Poly Energy Holdings Ltd.		121,131,000		23,119,277
*	GDS Holdings Ltd., Class A		200,000		1,502,008
	Geely Automobile Holdings Ltd.		26,250,000		91,104,288
	GEM Co. Ltd., Class A		1,160,200		1,973,356
	Gemdale Corp., Class A		1,689,954		2,680,122
	Gemdale Properties & Investment Corp. Ltd.		33,376,000		3,248,417
W	Genertec Universal Medical Group Co. Ltd.		5,727,000		4,320,605
*	Genimous Technology Co. Ltd., Class A		124,700		117,914
	GF Securities Co. Ltd., Class H		4,802,600		8,145,765
*	Glorious Property Holdings Ltd.		18,846,000		586,148
*	Glory Sun Financial Group Ltd.		2,780,000		96,305
	Goldcard Smart Group Co. Ltd.		156,680		265,318
	Golden Eagle Retail Group Ltd.		12,000		10,440
	GoldenHome Living Co. Ltd., Class A		68,570		321,105
	Goldenmax International Technology Ltd., Class A		301,200		627,138
	Goldlion Holdings Ltd.		1,887,000		408,946
	Goldpac Group Ltd.		1,296,000		296,930
*	Gosuncn Technology Group Co. Ltd., Class A		333,100		231,743

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Grand Baoxin Auto Group Ltd.		5,444,500	$	611,216
*	Grandjoy Holdings Group Co. Ltd., Class A		1,447,500		744,252
	Greattown Holdings Ltd., Class A		1,264,000		699,476
	Greatview Aseptic Packaging Co. Ltd.		1,449,000		595,285
	Gree Electric Appliances, Inc. of Zhuhai, Class A		1,066,200		6,089,475
	Greenland Holdings Corp. Ltd., Class A		3,512,040		2,256,167
#	Greenland Hong Kong Holdings Ltd.		8,146,575		1,732,382
#	Greentown China Holdings Ltd.		6,258,591		8,622,757
	GRG Banking Equipment Co. Ltd., Class A		676,700		1,094,484
*	Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A		896,900		759,065
	Guangdong Ellington Electronics Technology Co. Ltd., Class A		357,356		372,000
*	Guangdong HEC Technology Holding Co. Ltd., Class A		1,058,600		1,755,556
	Guangdong Huatie Tongda High-speed Railway Equipment Corp., Class A		465,100		327,654
	Guangdong Shirongzhaoye Co. Ltd., Class A		163,300		124,313
	Guangdong Tapai Group Co. Ltd., Class A		353,173		555,349
	Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A		344,634		453,413
*	Guanghui Energy Co. Ltd., Class A		3,273,638		3,378,539
# *	Guangshen Railway Co. Ltd., Sponsored ADR		266,120		2,342,937
	Guangxi Liugong Machinery Co. Ltd., Class A		354,190		411,547
	Guangxi Liuzhou Pharmaceutical Co. Ltd., Class A		152,811		363,532
	Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A		2,136,800		1,018,015
	Guangzhou Automobile Group Co. Ltd., Class H		10,882,000		10,272,167
	Guangzhou Baiyun International Airport Co. Ltd., Class A		716,300		1,325,292
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		700,000		1,769,723
	Guangzhou Haige Communications Group, Inc. Co., Class A		480,200		708,361
#	Guangzhou R&F Properties Co. Ltd., Class H		11,917,514		7,455,046
	Guangzhou Yuexiu Financial Holdings Group Co. Ltd., Class A		566,190		683,548
	Guangzhou Zhujiang Brewery Co. Ltd., Class A		202,300		313,026
*	Guizhou Bailing Group Pharmaceutical Co. Ltd., Class A		133,200		123,227
*	Guizhou Broadcasting & TV Information Network Co. Ltd., Class A		371,676		254,167
	Guizhou Panjiang Refined Coal Co. Ltd., Class A		1,125,732		1,353,489
*	Guizhou Xinbang Pharmaceutical Co. Ltd., Class A		43,700		46,490
	Guomai Technologies, Inc., Class A		418,400		374,506
# *	Guorui Properties Ltd.		5,759,000		254,401
	Guosen Securities Co. Ltd., Class A		1,174,527		2,093,412
*	Guosheng Financial Holding, Inc., Class A		257,924		376,497
* W	Guotai Junan Securities Co. Ltd., Class H		1,914,200		2,613,311
	Guoyuan Securities Co. Ltd., Class A		771,550		893,875
* W	Haichang Ocean Park Holdings Ltd.		558,000		141,156
	Haier Smart Home Co. Ltd., Class A		2,528,488		10,744,047
	Haier Smart Home Co. Ltd., Class H		1,827,400		6,804,676
	Hailir Pesticides & Chemicals Group Co. Ltd., Class A		78,260		219,329
*	Hainan Meilan International Airport Co. Ltd., Class H		417,000		1,687,373
	Haitian International Holdings Ltd.		979,000		2,853,289
	Haitong Securities Co. Ltd., Class H		12,313,600		10,954,438
# W	Haitong UniTrust International Leasing Co. Ltd., Class H		158,000		21,732
	Hand Enterprise Solutions Co. Ltd., Class A		310,700		320,501
*	Hang Zhou Great Star Industrial Co. Ltd., Class A		275,500		1,379,553
	Hangcha Group Co. Ltd., Class A		166,900		432,078
	Hangxiao Steel Structure Co. Ltd., Class A		585,322		326,532
	Hangzhou Century Co. Ltd., Class A		277,800		267,112
	Hangzhou Oxygen Plant Group Co. Ltd., Class A		274,300		1,112,080
	Hangzhou Zhongheng Electric Co. Ltd., Class A		70,200		93,253
* W	Harbin Bank Co. Ltd., Class H		1,611,000		165,726
	Harbin Electric Co. Ltd., Class H		4,957,474		2,097,167
*	Harbin Gloria Pharmaceuticals Co. Ltd., Class A		370,900		138,562
	HBIS Resources Co. Ltd., Class A		58,300		131,056
# *	HC Group, Inc.		1,280,000		132,101
	Health & Happiness H&H International Holdings Ltd.		506,500		1,185,555

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares			Value»
CHINA — (Continued)
	Hebei Construction Group Corp. Ltd., Class H		322,500		$	81,556
	Hello Group, Inc.		639,246			7,958,613
	Henan Lingrui Pharmaceutical Co., Class A		400,000			668,638
	Henan Pinggao Electric Co. Ltd., Class A		382,800			528,018
*	Henan Senyuan Electric Co. Ltd., Class A		116,300			47,206
	Henan Shenhuo Coal & Power Co. Ltd., Class A		607,600			901,710
	Henan Thinker Automatic Equipment Co. Ltd., Class A		33,420			106,728
	Henan Yuguang Gold & Lead Co. Ltd., Class A		53,100			44,542
	Henan Zhongyuan Expressway Co. Ltd., Class A		608,400			299,521
#	Hengan International Group Co. Ltd.		2,529,000			13,216,382
*	Hengdeli Holdings Ltd.		14,156,000			518,775
	Hengdian Group DMEGC Magnetics Co. Ltd., Class A		211,700			466,898
	Hengli Petrochemical Co. Ltd., Class A		1,986,065			6,848,646
	Hengtong Optic-electric Co. Ltd., Class A		654,008			1,555,280
	Hengyi Petrochemical Co. Ltd., Class A		1,565,641			2,679,468
	Hesteel Co. Ltd., Class A		3,844,300			1,477,219
	Hexing Electrical Co. Ltd., Class A		202,190			371,843
*	Hi Sun Technology China Ltd.		9,768,000			1,318,219
	Hisense Home Appliances Group Co. Ltd., Class H		405,000			435,003
*	Holitech Technology Co. Ltd., Class A		1,226,800			623,714
	Hongda Xingye Co. Ltd., Class A		819,256			694,690
*	Honghua Group Ltd.		15,729,000			543,238
* †† W Honworld Group Ltd.			1,002,500			296,672
W	Hope Education Group Co. Ltd.		5,706,000			1,017,653
	Hopson Development Holdings Ltd.		5,251,400			14,250,017
††	Hua Han Health Industry Holdings Ltd.		17,852,160			258,128
* W	Hua Hong Semiconductor Ltd.		2,808,000			14,091,274
	Huaan Securities Co. Ltd., Class A		1,731,080			1,382,996
	Huadong Medicine Co. Ltd., Class A		656,038			3,745,384
	Huafa Industrial Co. Ltd. Zhuhai, Class A		1,079,100			886,855
	Huafon Chemical Co. Ltd., Class A		859,548			1,599,130
*	Huafon Microfibre Shanghai Technology Co. Ltd.		680,900			480,964
*	Huafu Fashion Co. Ltd., Class A		458,898			317,501
	Huagong Tech Co. Ltd., Class A		203,200			915,616
	Huapont Life Sciences Co. Ltd., Class A		469,100			453,647
W	Huatai Securities Co. Ltd., Class H		5,375,400			7,993,816
*	Huawen Media Group, Class A		347,100			124,929
	Huaxi Securities Co. Ltd., Class A		1,072,555			1,515,844
	Huaxia Bank Co. Ltd., Class A		4,457,700			3,920,282
	Huaxin Cement Co. Ltd., Class A		691,428			1,803,302
	Huayu Automotive Systems Co. Ltd., Class A		1,269,645			5,321,046
	Huazhong In-Vehicle Holdings Co. Ltd.		1,364,000			665,665
	Hubei Biocause Pharmaceutical Co. Ltd., Class A		1,614,997			819,864
	Hubei Jumpcan Pharmaceutical Co. Ltd., Class A		398,494			1,003,391
	Hubei Xingfa Chemicals Group Co. Ltd., Class A		268,600			2,088,023
*	Huishang Bank Corp. Ltd., Class H		1,603,900			546,178
	Hunan Aihua Group Co. Ltd., Class A		97,600			543,929
*	Hunan Gold Corp. Ltd., Class A		391,600			662,881
	Hunan New Wellful Co. Ltd., Class A		150,300			163,022
	Hunan Valin Steel Co. Ltd., Class A		1,767,160			1,474,828
	Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia, Class A		804,437			1,598,675
	Hytera Communications Corp. Ltd., Class A		591,700	��		521,695
# * W	iDreamSky Technology Holdings Ltd.		286,000			202,900
	IKD Co. Ltd., Class A		301,500			645,534
W	IMAX China Holding, Inc.		33,100			48,405
	Industrial & Commercial Bank of China Ltd., Class H		297,483,996			163,069,444
	Industrial Bank Co. Ltd., Class A		7,873,753			22,915,151
	Industrial Securities Co. Ltd., Class A		1,722,840			2,456,867
	Infore Environment Technology Group Co. Ltd., Class A		301,756			295,134

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
# *	Inke Ltd.		1,693,000	$	343,495
*	Inner Mongolia BaoTou Steel Union Co. Ltd., Class A		10,243,400		4,502,513
	Inner Mongolia Eerduosi Resources Co. Ltd., Class A		50,100		232,259
	Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		3,342,751		2,677,595
	Inner Mongolia Yitai Coal Co. Ltd., Class H		207,300		157,196
*	Inner Mongolia Yuan Xing Energy Co. Ltd., Class A		755,550		903,062
*	Inspur International Ltd.		246,000		106,121
*	Inspur Software Co. Ltd., Class A		99,926		188,856
*	JD.com, Inc., Class A		601,400		23,542,996
	JH Educational Technology, Inc.		72,000		16,528
	Jiajiayue Group Co. Ltd., Class A		220,300		506,884
	Jiangling Motors Corp. Ltd., Class A		265,329		644,965
# *	Jiangnan Group Ltd.		14,145,000		544,795
	Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A		1,269,262		1,439,465
	Jiangsu Eastern Shenghong Co. Ltd., Class A		7,953		33,815
	Jiangsu Guotai International Group Co. Ltd., Class A		521,260		1,075,040
	Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A		743,220		443,738
*	Jiangsu Kanion Pharmaceutical Co. Ltd., Class A		316,520		464,224
	Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A		190,400		437,401
	Jiangsu Provincial Agricultural Reclamation & Development Corp.		926,261		1,611,385
	Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		311,400		1,715,139
	Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A		819,132		792,782
	Jiangsu Zhongnan Construction Group Co. Ltd., Class A		1,560,374		933,564
	Jiangsu Zhongtian Technology Co. Ltd., Class A		1,109,600		1,753,572
	Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A		1,284,700		644,118
	Jiangxi Copper Co. Ltd., Class H		5,607,000		9,791,607
	Jiangxi Wannianqing Cement Co. Ltd., Class A		226,480		405,948
	Jiangxi Zhengbang Technology Co. Ltd., Class A		564,963		883,743
	Jiangzhong Pharmaceutical Co. Ltd., Class A		302,480		544,501
	Jiayou International Logistics Co. Ltd., Class A		11,830		30,275
	Jiayuan International Group Ltd.		4,741,776		1,833,394
	Jilin Aodong Pharmaceutical Group Co. Ltd., Class A		543,856		1,342,742
	Jilin Jiutai Rural Commercial Bank Corp. Ltd., Class H		42,830		13,816
*	Jilin Zixin Pharmaceutical Industrial Co. Ltd., Class A		470,200		197,654
	Jinduicheng Molybdenum Co. Ltd., Class A		322,700		366,091
#	Jingrui Holdings Ltd.		3,426,000		961,889
# *	JinkoSolar Holding Co. Ltd., ADR		257,591		15,409,094
*	Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A		670,614		1,129,574
	Jinneng Science&Technology Co. Ltd., Class A		577,233		1,276,911
	Jinyuan EP Co. Ltd., Class A		283,400		479,743
	Jiuzhitang Co. Ltd., Class A		421,200		559,189
	Jizhong Energy Resources Co. Ltd., Class A		1,185,500		1,158,809
	JNBY Design Ltd.		406,000		679,211
	Joincare Pharmaceutical Group Industry Co. Ltd., Class A		851,916		1,533,976
	Jointown Pharmaceutical Group Co. Ltd., Class A		1,002,522		2,125,949
	Joy City Property Ltd.		19,480,000		1,014,695
#	JOYY, Inc., ADR		315,298		15,887,866
	JSTI Group, Class A		308,575		272,771
	Ju Teng International Holdings Ltd.		5,890,249		1,010,812
	Juneyao Airlines Co. Ltd., Class A		150,100		373,020
	Jutal Offshore Oil Services Ltd.		590,000		79,236
*	Kai Yuan Holdings Ltd.		41,600,000		205,992
#	Kaisa Group Holdings Ltd.		21,268,578		3,267,398
	Kaisa Prosperity Holdings Ltd.		276,000		584,779
* W	Kangda International Environmental Co. Ltd.		3,759,000		397,246
# *	Kasen International Holdings Ltd.		2,592,000		237,874
	Kehua Data Co. Ltd., Class A		111,390		679,838
	Kingboard Holdings Ltd.		4,890,845		21,313,348

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Kingboard Laminates Holdings Ltd.		6,252,500	$	9,801,473
	KingClean Electric Co. Ltd., Class A		31,232		121,884
	Kingsoft Corp. Ltd.		2,399,200		10,237,489
	Konka Group Co. Ltd., Class A		271,000		238,008
	KPC Pharmaceuticals, Inc., Class A		364,200		472,996
*	Kuang-Chi Technologies Co. Ltd., Class A		76,770		246,270
	Kunlun Energy Co. Ltd.		27,886,000		25,398,005
	Kunlun Tech Co. Ltd., Class A		378,900		1,102,382
*	Kunshan Kersen Science & Technology Co. Ltd., Class A		183,085		292,121
	KWG Group Holdings Ltd.		9,210,500		8,028,917
	KWG Living Group Holdings Ltd.		6,977,250		4,700,142
	Lao Feng Xiang Co. Ltd., Class A		123,154		923,726
	LB Group Co. Ltd., Class A		668,233		2,970,591
	Lee & Man Paper Manufacturing Ltd.		9,816,000		7,377,751
#	Lee’s Pharmaceutical Holdings Ltd.		1,039,500		487,730
W	Legend Holdings Corp., Class H		2,487,600		4,372,385
	Lenovo Group Ltd.		32,338,000		35,118,033
	Lens Technology Co. Ltd., Class A		257,400		856,440
	Leo Group Co. Ltd., Class A		2,336,500		832,590
*	LexinFintech Holdings Ltd., ADR		111,218		593,904
	Leyard Optoelectronic Co. Ltd., Class A		966,400		1,420,621
	Liaoning Cheng Da Co. Ltd., Class A		400,300		1,274,031
	Lier Chemical Co. Ltd., Class A		174,900		618,113
*	LingNan Eco&Culture-Tourism Co. Ltd., Class A		394,293		164,662
	Livzon Pharmaceutical Group, Inc., Class H		460,800		1,517,863
	Lizhong Sitong Light Alloys Group Co. Ltd., Class A		60,300		145,884
	Logan Group Co. Ltd.		1,795,000		1,798,054
	Loncin Motor Co. Ltd., Class A		1,187,800		811,516
	Long Yuan Construction Group Co. Ltd., Class A		565,700		635,231
W	Longfor Group Holdings Ltd.		8,115,500		39,262,132
	Longshine Technology Group Co. Ltd., Class A		137,802		697,978
	Lonking Holdings Ltd.		14,226,000		4,151,736
	Luenmei Quantum Co. Ltd., Class A		519,200		670,391
*	Luoniushan Co. Ltd., Class A		661,991		707,394
	Luxi Chemical Group Co. Ltd., Class A		608,000		1,560,163
# * W	Luye Pharma Group Ltd.		11,745,000		5,597,183
# *	LVGEM China Real Estate Investment Co. Ltd.		2,054,000		466,201
#	Maanshan Iron & Steel Co. Ltd., Class H		5,659,775		2,406,733
*	Macrolink Culturaltainment Development Co. Ltd., Class A		59,400		16,712
* W	Maoyan Entertainment		264,800		319,826
*	Maoye International Holdings Ltd.		5,595,000		200,154
*	Markor International Home Furnishings Co. Ltd., Class A		928,600		491,874
	Mayinglong Pharmaceutical Group Co. Ltd., Class A		111,700		439,295
	Metallurgical Corp. of China Ltd., Class H		13,359,000		3,705,385
# W	Midea Real Estate Holding Ltd.		16,000		27,614
	Min Xin Holdings Ltd.		708,418		391,739
	Ming Yang Smart Energy Group Ltd., Class A		376,000		1,819,904
*	Mingfa Group International Co. Ltd.		608,000		35,056
	Minmetals Land Ltd.		9,789,205		1,004,068
W	Minsheng Education Group Co. Ltd.		1,078,000		155,893
	Minth Group Ltd.		3,478,000		13,823,104
*	Misho Ecology & Landscape Co. Ltd., Class A		45,400		18,075
	MLS Co. Ltd., Class A		513,262		1,117,003
*	MOBI Development Co. Ltd.		424,000		20,144
	Modern Land China Co. Ltd.		3,187,200		155,663
*	Myhome Real Estate Development Group Co. Ltd., Class A		81,500		20,189
	MYS Group Co. Ltd., Class A		393,300		200,559
	NanJi E-Commerce Co. Ltd., Class A		399,700		446,971
	Nanjing Iron & Steel Co. Ltd., Class A		879,300		484,968

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Nanjing Xinjiekou Department Store Co. Ltd., Class A		570,500	$	871,314
	NARI Technology Co. Ltd., Class A		1,515,720		9,229,102
*	NavInfo Co. Ltd., Class A		404,200		739,361
	NetDragon Websoft Holdings Ltd.		1,050,000		2,299,724
	New China Life Insurance Co. Ltd., Class H		3,525,300		10,170,102
*	New Hope Liuhe Co. Ltd., Class A		1,449,264		3,260,207
*	New World Department Store China Ltd.		2,778,000		477,644
	Newland Digital Technology Co. Ltd., Class A		352,060		829,245
	Nexteer Automotive Group Ltd.		6,068,000		7,489,047
	Nine Dragons Paper Holdings Ltd.		11,759,000		14,786,944
	Ningbo Huaxiang Electronic Co. Ltd., Class A		364,355		1,346,977
	Ningbo Joyson Electronic Corp., Class A		293,341		814,407
	Ningbo Sanxing Medical Electric Co. Ltd., Class A		300,400		571,349
	Ningbo Yunsheng Co. Ltd., Class A		221,200		363,445
	Ningbo Zhoushan Port Co. Ltd., Class A		1,959,600		1,147,648
	Ningxia Jiaze New Energy Co. Ltd., Class A		104,000		88,531
	Norinco International Cooperation Ltd., Class A		92,800		108,868
	North Huajin Chemical Industries Co. Ltd., Class A		431,619		397,985
	Northeast Pharmaceutical Group Co. Ltd., Class A		454,424		371,662
	Northeast Securities Co. Ltd., Class A		765,100		1,030,064
# *	NVC International Holdings Ltd.		5,629,000		124,662
	Offshore Oil Engineering Co. Ltd., Class A		1,189,601		864,443
	OFILM Group Co. Ltd., Class A		740,600		865,160
	ORG Technology Co. Ltd., Class A		579,600		606,293
*	Orient Group, Inc., Class A		647,440		295,280
W	Orient Securities Co. Ltd., Class H		2,986,800		2,450,680
	Oriental Pearl Group Co. Ltd., Class A		912,860		1,102,205
*	Ourpalm Co. Ltd., Class A		878,900		534,049
*	Overseas Chinese Town Asia Holdings Ltd.		1,014,000		188,214
*	Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A		1,100,200		686,771
	PAX Global Technology Ltd.		5,504,000		5,504,000
	PCI Technology Group Co. Ltd., Class A		582,600		690,546
	People’s Insurance Co. Group of China Ltd., Class H		32,141,000		10,025,522
	Perfect World Co. Ltd., Class A		299,000		810,771
	PetroChina Co. Ltd., Class H		130,158,000		62,755,344
	PhiChem Corp., Class A		136,300		377,537
	PICC Property & Casualty Co. Ltd., Class H		34,389,000		32,014,283
	Ping An Bank Co. Ltd., Class A		5,732,573		17,461,513
	Ping An Insurance Group Co. of China Ltd., Class H		20,578,500		147,398,227
	Pingdingshan Tianan Coal Mining Co. Ltd., Class A		1,073,103		1,429,726
*	Polaris Bay Group Co. Ltd., Class A		568,670		818,449
*	Poly Culture Group Co. Ltd., Class H		402,000		279,634
	Poly Property Group Co. Ltd.		15,332,488		3,782,299
W	Postal Savings Bank of China Co. Ltd., Class H		30,055,000		21,843,772
*	Pou Sheng International Holdings Ltd.		8,805,000		1,481,663
	Power Construction Corp. of China Ltd., Class A		5,627,420		7,241,012
	Powerlong Real Estate Holdings Ltd.		10,843,000		7,428,214
#	Prinx Chengshan Holding Ltd.		214,000		198,542
	Pujiang International Group Ltd.		128,000		58,186
#	PW Medtech Group Ltd.		1,439,000		221,513
	Q Technology Group Co. Ltd.		1,983,000		2,895,005
	Qingdao East Steel Tower Stock Co. Ltd., Class A		188,500		230,293
	Qingdao Eastsoft Communication Technology Co. Ltd., Class A		171,436		475,756
	Qingdao Hanhe Cable Co. Ltd., Class A		1,114,800		751,914
W	Qingdao Port International Co. Ltd., Class H		802,000		403,103
	Qingdao Topscomm Communication, Inc., Class A		193,580		208,335
	Qingling Motors Co. Ltd., Class H		5,656,000		1,273,546
	Qinhuangdao Port Co. Ltd., Class H		845,000		135,501
*	Qudian, Inc., Sponsored ADR		362,937		606,105

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Rainbow Digital Commercial Co. Ltd., Class A		588,176	$	584,135
	Raisecom Technology Co. Ltd., Class A		164,000		155,124
	Rastar Group, Class A		653,946		314,434
	Realcan Pharmaceutical Group Co. Ltd., Class A		467,929		257,923
* W	Red Star Macalline Group Corp. Ltd., Class H		1,834,297		1,028,984
# W	Redco Properties Group Ltd.		2,684,000		824,420
#	Redsun Properties Group Ltd.		2,854,000		823,055
	Renhe Pharmacy Co. Ltd., Class A		672,100		995,423
	REXLot Holdings Ltd.		67,831,618		34,001
	Rianlon Corp., Class A		25,716		157,073
	RiseSun Real Estate Development Co. Ltd., Class A		1,888,376		1,266,416
	Rongan Property Co. Ltd., Class A		1,399,700		520,436
#	Ronshine China Holdings Ltd.		2,969,500		1,200,801
	Runjian Co. Ltd., Class A		45,400		218,275
*	RYB Education, Inc., ADR		17,090		44,776
	SAIC Motor Corp. Ltd., Class A		1,570,273		4,983,249
	Sailun Group Co. Ltd., Class A		1,632,000		3,405,498
*	SanFeng Intelligent Equipment Group Co. Ltd., Class A		405,848		229,282
	Sansteel Minguang Co. Ltd. Fujian, Class A		986,480		1,056,808
	Sany Heavy Equipment International Holdings Co. Ltd.		5,544,000		6,308,618
*	Saurer Intelligent Technology Co. Ltd., Class A		357,100		158,553
	Sealand Securities Co. Ltd., Class A		1,779,595		1,073,590
	Seazen Group Ltd.		2,400,000		1,898,587
	Seazen Holdings Co. Ltd., Class A		1,012,915		5,411,385
	SGIS Songshan Co. Ltd., Class A		773,600		535,390
	Shaanxi Coal Industry Co. Ltd., Class A		3,735,445		7,320,259
	Shan Xi Hua Yang Group New Energy Co. Ltd., Class A		967,200		1,605,726
	Shandong Buchang Pharmaceuticals Co. Ltd., Class A		623,402		1,704,839
#	Shandong Chenming Paper Holdings Ltd., Class H		2,725,227		1,310,799
# W	Shandong Gold Mining Co. Ltd., Class H		2,296,250		4,151,530
	Shandong Himile Mechanical Science & Technology Co. Ltd., Class A		24,600		96,060
	Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		851,969		4,143,558
	Shandong Humon Smelting Co. Ltd., Class A		275,500		494,040
	Shandong Linglong Tyre Co. Ltd., Class A		445,587		2,463,266
	Shandong Longda Meat Foodstuff Co. Ltd., Class A		389,046		611,459
	Shandong Minhe Animal Husbandry Co. Ltd., Class A		232,600		579,956
	Shandong Nanshan Aluminum Co. Ltd., Class A		2,898,350		1,959,183
	Shandong New Beiyang Information Technology Co. Ltd., Class A		280,600		340,702
	Shandong Publishing & Media Co. Ltd., Class A		290,233		277,583
	Shandong Sun Paper Industry JSC Ltd., Class A		1,227,281		2,201,696
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		8,420,000		14,342,040
	Shandong Xiantan Co. Ltd., Class A		61,800		68,357
	Shandong Xinhua Pharmaceutical Co. Ltd., Class H		646,000		316,002
	Shandong Yisheng Livestock & Poultry Breeding Co. Ltd., Class A		346,440		575,389
*	Shanghai 2345 Network Holding Group Co. Ltd., Class A		1,979,100		622,221
	Shanghai AJ Group Co. Ltd., Class A		869,352		880,804
	Shanghai Daimay Automotive Interior Co. Ltd., Class A		64,562		187,832
	Shanghai Electric Group Co. Ltd., Class H		10,734,000		3,024,094
	Shanghai Environment Group Co. Ltd., Class A		300,489		545,350
	Shanghai Fengyuzhu Culture & Technology Co. Ltd., Class A		174,870		454,540
	Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		970,500		4,568,378
	Shanghai Industrial Development Co. Ltd., Class A		986,190		598,130
	Shanghai Industrial Holdings Ltd.		3,585,918		5,350,887
	Shanghai Industrial Urban Development Group Ltd.		19,682,501		1,694,393
	Shanghai International Port Group Co. Ltd., Class A		2,613,716		2,309,395
	Shanghai Jahwa United Co. Ltd., Class A		150,768		1,127,856
	Shanghai Jin Jiang Capital Co. Ltd., Class H		15,170,000		3,438,336
	Shanghai Jinjiang International Hotels Co. Ltd., Class A		217,750		1,832,369
	Shanghai Lingang Holdings Corp. Ltd., Class A		314,160		720,888

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A		450,558	$	762,083
	Shanghai Maling Aquarius Co. Ltd., Class A		450,140		550,018
	Shanghai Mechanical & Electrical Industry Co. Ltd., Class A		175,890		398,581
	Shanghai Pharmaceuticals Holding Co. Ltd., Class H		5,566,300		10,187,590
	Shanghai Pudong Construction Co. Ltd., Class A		162,593		146,209
	Shanghai Pudong Development Bank Co. Ltd., Class A		7,828,778		10,934,329
	Shanghai RAAS Blood Products Co. Ltd., Class A		1,975,086		2,035,582
	Shanghai Rongtai Health Technology Corp. Ltd., Class A		44,000		194,642
	Shanghai Shimao Co. Ltd., Class A		624,696		308,559
	Shanghai Shyndec Pharmaceutical Co. Ltd., Class A		485,500		708,195
	Shanghai Sinyang Semiconductor Materials Co. Ltd., Class A		6,792		42,020
	Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A		112,100		135,013
	Shanghai Tunnel Engineering Co. Ltd., Class A		370,334		295,814
	Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A		119,800		241,525
	Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		1,055,262		1,620,198
	Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		474,600		1,235,901
	Shanghai Zijiang Enterprise Group Co. Ltd., Class A		397,300		603,698
	Shanxi Blue Flame Holding Co. Ltd., Class A		315,028		451,478
	Shanxi Coking Coal Energy Group Co. Ltd., Class A		1,514,935		2,199,523
	Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		1,040,880		2,112,438
*	Shanxi Meijin Energy Co. Ltd., Class A		1,348,132		2,380,856
	Shanxi Securities Co. Ltd., Class A		1,173,460		1,147,550
	Shanxi Taigang Stainless Steel Co. Ltd., Class A		2,150,800		2,593,091
	Shanying International Holding Co. Ltd., Class A		1,210,500		613,047
	Shenghe Resources Holding Co. Ltd., Class A		36,360		115,600
* W	Shengjing Bank Co. Ltd., Class H		481,000		432,356
	Shenguan Holdings Group Ltd.		3,610,000		187,696
W	Shenwan Hongyuan Group Co. Ltd., Class H		4,616,800		1,166,301
	Shenzhen Agricultural Products Group Co. Ltd., Class A		908,126		985,263
*	Shenzhen Airport Co. Ltd., Class A		492,100		581,935
	Shenzhen Aisidi Co. Ltd., Class A		405,800		679,709
	Shenzhen Bauing Construction Holding Group Co. Ltd., Class A		430,400		170,794
	Shenzhen Center Power Tech Co. Ltd., Class A		80,000		207,688
	Shenzhen Comix Group Co. Ltd., Class A		105,400		109,134
	Shenzhen Ellassay Fashion Co. Ltd., Class A		29,500		65,888
	Shenzhen Gas Corp. Ltd., Class A		760,100		1,077,438
	Shenzhen Gongjin Electronics Co. Ltd., Class A		269,900		335,153
*	Shenzhen Grandland Group Co. Ltd., Class A		108,000		38,124
	Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class A		290,220		696,466
	Shenzhen Heungkong Holding Co. Ltd., Class A		640,300		188,110
	Shenzhen International Holdings Ltd.		6,449,190		7,764,283
#	Shenzhen Investment Ltd.		22,924,414		5,622,912
	Shenzhen Jinjia Group Co. Ltd., Class A		705,783		1,193,545
	Shenzhen Kinwong Electronic Co. Ltd., Class A		220,840		891,909
*	Shenzhen MTC Co. Ltd., Class A		1,364,600		1,048,277
*	Shenzhen Neptunus Bioengineering Co. Ltd., Class A		1,280,948		620,526
	Shenzhen Overseas Chinese Town Co. Ltd., Class A		3,406,961		3,334,844
*	Shenzhen SDG Information Co. Ltd., Class A		337,800		316,571
	Shenzhen Suntak Circuit Technology Co. Ltd., Class A		296,908		639,797
	Shenzhen Tagen Group Co. Ltd., Class A		553,400		435,747
	Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A		384,100		440,726
	Shenzhen World Union Group, Inc., Class A		947,381		555,306
	Shenzhen Yinghe Technology Co. Ltd., Class A		190,058		928,882
	Shenzhen Ysstech Info-tech Co. Ltd., Class A		260,300		398,980
	Shenzhen YUTO Packaging Technology Co. Ltd., Class A		107,294		549,218
	Shenzhen Zhenye Group Co. Ltd., Class A		780,600		509,370
	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A		837,000		647,619
*	Shijiazhuang Changshan BeiMing Technology Co. Ltd., Class A		683,200		692,609
	Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		839,424		2,108,580

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Shimao Group Holdings Ltd.		9,280,035	$	14,557,421
	Shinva Medical Instrument Co. Ltd., Class A		159,000		541,329
#	Shoucheng Holdings Ltd.		10,423,683		2,207,467
	Shougang Fushan Resources Group Ltd.		13,988,277		3,694,989
*	Shouhang High-Tech Energy Co. Ltd., Class A		354,500		180,955
	Shui On Land Ltd.		27,217,803		4,031,852
*	Sichuan Hebang Biotechnology Co. Ltd., Class A		1,233,800		686,150
	Sichuan Kelun Pharmaceutical Co. Ltd., Class A		699,455		1,934,654
*	Sichuan Languang Development Co. Ltd., Class A		1,550,800		419,251
	Sichuan Shuangma Cement Co. Ltd., Class A		226,378		708,042
	Sichuan Tianyi Comheart Telecom Co. Ltd., Class A		72,998		184,936
	Sieyuan Electric Co. Ltd., Class A		182,700		1,184,589
#	Sihuan Pharmaceutical Holdings Group Ltd.		16,059,000		3,370,099
*	Silver Grant International Holdings Group Ltd.		6,302,804		411,980
	Sino Biopharmaceutical Ltd.		1,397,000		1,030,126
	Sinochem International Corp., Class A		575,231		816,157
	Sinofert Holdings Ltd.		13,934,000		2,178,837
	Sinolink Securities Co. Ltd., Class A		612,600		1,026,553
*	Sinolink Worldwide Holdings Ltd.		16,481,714		530,344
	Sinoma International Engineering Co., Class A		417,000		677,469
	Sinoma Science & Technology Co. Ltd., Class A		624,062		3,687,152
	Sinomach Automobile Co. Ltd., Class A		510,561		505,076
	Sino-Ocean Group Holding Ltd.		22,125,602		4,808,654
	Sinopec Engineering Group Co. Ltd., Class H		10,056,500		5,300,512
	Sinopec Kantons Holdings Ltd.		7,434,000		2,830,467
*	Sinopec Oilfield Service Corp., Class H		780,000		74,977
	Sinopec Shanghai Petrochemical Co. Ltd., Sponsored ADR		13,270		309,987
	Sinopec Shanghai Petrochemical Co. Ltd., Class H		16,670,000		3,889,705
	Sinopharm Group Co. Ltd., Class H		8,526,400		20,246,052
#	Sinosoft Technology Group Ltd.		2,140,000		280,634
	Sinotrans Ltd., Class H		15,798,000		5,193,145
	Sinotruk Hong Kong Ltd.		5,178,835		7,148,221
	Skyfame Realty Holdings Ltd.		1,546,000		182,440
	Skyworth Digital Co. Ltd., Class A		450,948		510,362
*	Skyworth Group Ltd.		9,558,116		5,324,946
*	SOHO China Ltd.		14,655,388		3,722,348
	SooChow Securities Co. Ltd., Class A		771,100		1,021,230
*	Sou Yu Te Group Co. Ltd., Class A		1,430,300		328,425
*	South Manganese Investment Ltd.		1,449,000		228,937
	Southwest Securities Co. Ltd., Class A		339,200		255,031
*	Spring Airlines Co. Ltd., Class A		203,441		1,859,400
*	SPT Energy Group, Inc.		4,862,000		192,311
	SSY Group Ltd.		4,256,000		2,021,753
*	Starrise Media Holdings Ltd.		270,000		4,935
	Sun King Technology Group Ltd.		568,000		322,123
	Sunac China Holdings Ltd.		13,496,000		28,861,529
* W	Sunac Services Holdings Ltd.		297		599
	Sunflower Pharmaceutical Group Co. Ltd., Class A		266,300		594,874
	Sunfly Intelligent Technology Co. Ltd., Class A		128,600		243,590
*	Suning Universal Co. Ltd., Class A		1,450,705		1,087,115
*	Suning.com Co. Ltd., Class A		1,980,900		1,383,368
* W	Sunshine 100 China Holdings Ltd.		249,000		14,418
	Sunward Intelligent Equipment Co. Ltd., Class A		318,700		402,881
*	Sunwave Communications Co. Ltd., Class A		271,570		224,461
	Suzhou Anjie Technology Co. Ltd., Class A		112,900		243,376
	Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		522,900		1,663,278
	Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A		763,175		711,909
*	Tahoe Group Co. Ltd., Class A		803,106		248,824
	Tangshan Jidong Cement Co. Ltd., Class A		476,244		864,972

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	TangShan Port Group Co. Ltd., Class A		1,421,690	$	593,097
	Tangshan Sanyou Chemical Industries Co. Ltd., Class A		660,100		952,417
*	Taung Gold International Ltd.		5,980,000		19,105
	TBEA Co. Ltd., Class A		879,959		3,725,239
	TCL Electronics Holdings Ltd.		6,351,666		3,443,828
	TCL Technology Group Corp., Class A		3,045,935		2,887,539
	Tech-Bank Food Co. Ltd., Class A		647,250		635,693
	Ten Pao Group Holdings Ltd.		304,000		75,273
*	Tencent Music Entertainment Group, ADR		1,939,143		15,241,664
††	Tenwow International Holdings Ltd.		2,984,000		54,652
	Tian An China Investment Co. Ltd.		4,049,000		2,341,771
	Tian Di Science & Technology Co. Ltd., Class A		992,900		649,022
* W	Tian Ge Interactive Holdings Ltd.		1,433,000		164,253
#	Tiangong International Co. Ltd.		4,350,000		2,617,012
	Tianjin Capital Environmental Protection Group Co. Ltd., Class H		24,000		11,861
	Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A		1,996,711		1,273,474
	Tianjin Guangyu Development Co. Ltd., Class A		922,700		2,413,868
	Tianjin Port Development Holdings Ltd.		16,373,657		1,367,243
	Tianjin ZhongXin Pharmaceutical Group Corp. Ltd., Class A		196,749		823,355
	Tianli Education International Holdings Ltd.		462,000		96,056
	Tianma Microelectronics Co. Ltd., Class A		856,224		1,648,296
#	Tianneng Power International Ltd.		5,058,000		5,775,694
*	Tianyun International Holdings Ltd.		1,132,000		208,094
	Tibet Tianlu Co. Ltd., Class A		242,700		240,889
*	Time Watch Investments Ltd.		92,000		9,797
	Times China Holdings Ltd.		411,000		279,667
	Tingyi Cayman Islands Holding Corp.		6,648,000		12,408,381
	Titan Wind Energy Suzhou Co. Ltd., Class A		526,900		1,753,558
	Tomson Group Ltd.		3,354,526		817,272
	Tong Ren Tang Technologies Co. Ltd., Class H		2,382,000		1,690,203
*	Tongcheng-Elong Holdings Ltd.		2,164,000		4,822,802
*	Tongda Group Holdings Ltd.		37,575,000		1,205,636
	Tongkun Group Co. Ltd., Class A		547,222		1,707,471
	Tongling Jingda Special Magnet Wire Co. Ltd., Class A		584,400		708,324
	Tongling Nonferrous Metals Group Co. Ltd., Class A		2,493,900		1,445,885
#	Top Spring International Holdings Ltd.		146,000		22,070
	Topsec Technologies Group, Inc., Class A		250,515		721,623
	Transfar Zhilian Co. Ltd., Class A		1,128,500		1,444,339
	TravelSky Technology Ltd., Class H		1,011,000		1,889,009
*	Trigiant Group Ltd.		4,254,000		354,999
*	Trip.com Group Ltd., ADR		1,765,245		50,415,397
††	Trony Solar Holdings Co. Ltd.		8,775,000		0
	Truly International Holdings Ltd.		166,000		54,120
*	Tunghsu Optoelectronic Technology Co. Ltd., Class A		1,525,000		472,209
*	Tus Environmental Science & Technology Development Co. Ltd., Class A		377,920		228,786
	Unilumin Group Co. Ltd., Class A		406,300		520,141
	Uni-President China Holdings Ltd.		3,090,000		2,633,578
	Unisplendour Corp. Ltd., Class A		924,760		4,006,918
	United Energy Group Ltd.		6,978,000		617,246
	Universal Scientific Industrial Shanghai Co. Ltd., Class A		457,637		993,218
	Valiant Co. Ltd., Class A		12,000		38,606
	Vats Liquor Chain Store Management JSC Ltd., Class A		96,400		592,414
	Vatti Corp. Ltd., Class A		363,850		335,097
#	Vinda International Holdings Ltd.		1,089,000		3,002,517
# *	Viomi Technology Co. Ltd., ADR		95,951		423,144
*	Vipshop Holdings Ltd., ADR		1,604,040		17,901,086
# W	Virscend Education Co. Ltd.		530,000		35,558
	Wangneng Environment Co. Ltd., Class A		116,940		295,104
	Wangsu Science & Technology Co. Ltd., Class A		837,700		716,927

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Want Want China Holdings Ltd.		8,949,000	$	6,940,355
	Wanxiang Qianchao Co. Ltd., Class A		1,400,160		1,309,709
	Wasion Holdings Ltd.		3,404,000		1,166,318
	Wasu Media Holding Co. Ltd., Class A		341,086		389,230
	Weichai Power Co. Ltd., Class H		7,541,000		13,498,137
	Weifu High-Technology Group Co. Ltd., Class A		168,400		510,851
	Weiqiao Textile Co., Class H		3,037,000		1,134,988
	Wellhope Foods Co. Ltd., Class A		618,088		884,565
	Wens Foodstuffs Group Co. Ltd., Class A		2,850,445		7,333,842
	West China Cement Ltd.		17,048,000		2,978,962
	Western Securities Co. Ltd., Class A		927,448		1,110,949
	Wharf Holdings Ltd.		1,054,000		3,664,515
	Wisdom Education International Holdings Co. Ltd.		2,030,000		347,725
	Wolong Electric Group Co. Ltd., Class A		363,300		840,029
	Wuchan Zhongda Group Co. Ltd., Class A		1,479,800		1,452,371
*	Wuhan DDMC Culture & Sports Co. Ltd., Class A		366,500		346,405
	Wuhan Department Store Group Co. Ltd., Class A		430,300		679,687
*	Wuhan P&S Information Technology Co. Ltd., Class A		497,200		470,714
	Wuhu Token Science Co. Ltd., Class A		802,700		1,288,229
	Wuxi Taiji Industry Co. Ltd., Class A		733,524		917,432
	XCMG Construction Machinery Co. Ltd., Class A		3,532,500		3,380,256
	XGD, Inc., Class A		150,800		223,454
W	Xiabuxiabu Catering Management China Holdings Co. Ltd.		251,000		182,891
	Xiamen C & D, Inc., Class A		978,400		1,223,812
	Xiamen Comfort Science & Technology Group Co. Ltd., Class A		357,900		608,112
	Xiamen International Airport Co. Ltd., Class A		45,826		114,273
	Xiamen International Port Co. Ltd., Class H		6,710,000		746,902
	Xiamen ITG Group Corp. Ltd., Class A		525,902		568,499
	Xiamen Tungsten Co. Ltd., Class A		299,740		1,062,917
	Xiamen Xiangyu Co. Ltd., Class A		517,700		626,606
	Xiandai Investment Co. Ltd., Class A		184,100		115,209
	Xilinmen Furniture Co. Ltd., Class A		224,100		922,628
	Xinfengming Group Co. Ltd., Class A		144,260		330,960
	Xingda International Holdings Ltd.		8,916,001		2,025,152
	Xingfa Aluminium Holdings Ltd.		447,000		545,039
	Xinhu Zhongbao Co. Ltd., Class A		2,810,943		1,264,983
	Xinhua Winshare Publishing & Media Co. Ltd., Class H		1,828,000		1,336,400
	Xinjiang Communications Construction Group Co. Ltd., Class A		89,300		147,822
#	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		2,324,400		5,198,042
	Xinjiang Tianshan Cement Co. Ltd., Class A		310,600		662,246
*	Xinjiang Xinxin Mining Industry Co. Ltd., Class H		1,208,000		243,609
	Xinjiang Zhongtai Chemical Co. Ltd., Class A		387,600		640,298
	Xinxing Ductile Iron Pipes Co. Ltd., Class A		1,389,600		806,008
	Xinyangfeng Agricultural Technology Co. Ltd., Class A		313,100		889,774
	Xinyi Energy Holdings Ltd.		218,000		128,541
	Xinyu Iron & Steel Co. Ltd., Class A		944,300		872,295
	Xinyuan Real Estate Co. Ltd., ADR		88,681		101,983
#	Xtep International Holdings Ltd.		3,518,498		4,601,480
	Xuji Electric Co. Ltd., Class A		233,200		722,125
*	Yanchang Petroleum International Ltd.		8,710,000		88,317
	Yango Group Co. Ltd., Class A		1,683,600		846,398
	Yantai Changyu Pioneer Wine Co. Ltd., Class A		199,900		985,804
	Yantai Jereh Oilfield Services Group Co. Ltd., Class A		296,888		1,956,097
#	Yanzhou Coal Mining Co. Ltd., Class H		10,432,000		15,473,341
*	Yeahka Ltd.		53,200		160,680
# * W	YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H		1,646,200		769,658
	Yifan Pharmaceutical Co. Ltd., Class A		430,300		1,102,156
	Yintai Gold Co. Ltd., Class A		980,174		1,346,066
	Yip’s Chemical Holdings Ltd.		842,000		498,158

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Yiren Digital Ltd., Sponsored ADR		127,021	$	398,846
	Yixintang Pharmaceutical Group Co. Ltd., Class A		304,763		1,512,671
	Yonghui Superstores Co. Ltd., Class A		2,348,700		1,444,183
	Yotrio Group Co. Ltd., Class A		1,258,400		681,555
	Youngor Group Co. Ltd., Class A		1,650,413		1,657,180
*	Youzu Interactive Co. Ltd., Class A		318,800		660,395
	Yuexiu Property Co. Ltd.		12,249,357		10,763,377
	Yum China Holdings, Inc.		447,580		25,547,866
	Yunda Holding Co. Ltd., Class A		932,989		2,721,895
*	Yunnan Aluminium Co. Ltd., Class A		838,700		1,561,321
	Yunnan Baiyao Group Co. Ltd., Class A		263,127		3,683,599
	Yunnan Copper Co. Ltd., Class A		483,200		1,003,150
*	Yunnan Tin Co. Ltd., Class A		466,300		1,193,991
	Yutong Bus Co. Ltd., Class A		493,800		874,791
	Yuzhou Group Holdings Co. Ltd.		17,694,265		1,929,094
*	Zall Smart Commerce Group Ltd.		570,000		35,902
*	Zepp Health Corp., ADR		10,874		89,276
#	Zhaojin Mining Industry Co. Ltd., Class H		1,878,000		1,337,055
	Zhefu Holding Group Co. Ltd., Class A		706,800		789,679
*	Zhejiang Century Huatong Group Co. Ltd., Class A		2,293,054		2,658,283
	Zhejiang China Commodities City Group Co. Ltd., Class A		310,300		236,737
	Zhejiang Chint Electrics Co. Ltd., Class A		1,010,503		9,534,592
	Zhejiang Communications Technology Co. Ltd.		294,400		238,929
	Zhejiang Dahua Technology Co. Ltd., Class A		1,251,923		4,264,696
	Zhejiang Garden Bio-Chemical High-tech Co. Ltd., Class A		126,864		264,625
# ††	Zhejiang Glass Co. Ltd.		437,000		0
	Zhejiang Hailiang Co. Ltd., Class A		650,665		1,070,755
	Zhejiang Hangmin Co. Ltd., Class A		625,181		530,850
	Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A		1,033,800		1,256,233
	Zhejiang Huace Film & Television Co. Ltd., Class A		333,832		294,414
	Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A		470,400		719,011
	Zhejiang Jianfeng Group Co. Ltd., Class A		52,300		93,198
*	Zhejiang Jingu Co. Ltd., Class A		579,000		638,913
	Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A		406,551		512,087
	Zhejiang Juhua Co. Ltd., Class A		505,207		1,226,910
	Zhejiang Longsheng Group Co. Ltd., Class A		1,312,233		2,551,430
	Zhejiang Medicine Co. Ltd., Class A		641,500		1,599,268
	Zhejiang Narada Power Source Co. Ltd., Class A		237,200		418,672
	Zhejiang NHU Co. Ltd., Class A		1,038,721		4,402,467
	Zhejiang Orient Financial Holdings Group Co. Ltd., Class A		1,775,900		1,130,460
	Zhejiang Runtu Co. Ltd., Class A		378,930		523,544
	Zhejiang Satellite Petrochemical Co. Ltd., Class A		441,840		2,692,258
	Zhejiang Semir Garment Co. Ltd., Class A		538,299		632,094
	Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A		1,340,900		1,102,529
	Zhejiang Wanliyang Co. Ltd., Class A		366,141		773,546
	Zhejiang Xianju Pharmaceutical Co. Ltd., Class A		165,900		286,044
	Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A		138,400		598,573
	Zhejiang Yankon Group Co. Ltd., Class A		91,700		52,302
	Zhejiang Yasha Decoration Co. Ltd., Class A		749,426		870,149
	Zhejiang Zhongcheng Packing Material Co. Ltd., Class A		180,300		190,089
#	Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H		1,429,600		1,499,385
#	Zhenro Properties Group Ltd.		2,822,000		1,341,268
*	Zhong An Group Ltd.		15,060,600		600,709
*	Zhongfu Straits Pingtan Development Co. Ltd., Class A		293,000		125,508
	Zhongjin Gold Corp. Ltd., Class A		1,506,102		1,952,284
	Zhongshan Broad Ocean Motor Co. Ltd., Class A		567,100		602,699
*	Zhongtian Financial Group Co. Ltd., Class A		2,289,900		898,744
	Zhongyuan Environment-Protection Co. Ltd., Class A		163,500		155,313
	Zhuguang Holdings Group Co. Ltd.		230,000		50,511

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Zhuzhou CRRC Times Electric Co., Class H		972,800	$	4,648,538
	Zhuzhou Kibing Group Co. Ltd., Class A		795,846		1,975,110
	Zibo Qixiang Tengda Chemical Co. Ltd., Class A		679,000		1,192,406
	Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H		8,877,400		6,394,235
	ZTE Corp., Class H		2,876,200		8,633,877
	ZTO Express Cayman, Inc., ADR		327,385		9,602,202
	ZTO Express Cayman, Inc.		46,400		1,376,318

TOTAL CHINA					4,173,952,043

COLOMBIA — (0.1%)
	Bancolombia SA, Sponsored ADR		3,602		129,420
	Cementos Argos SA		205,090		345,835
*	Corp. Financiera Colombiana SA		20,431		160,975
	Grupo Argos SA		1,529,091		4,791,435
	Grupo de Inversiones Suramericana SA		1,052,559		6,135,235
	Mineros SA		128,115		136,935

TOTAL COLOMBIA					11,699,835

CZECH REPUBLIC — (0.2%)
	CEZ AS		523,898		17,303,008
*	Komercni banka AS		80,788		3,133,615

TOTAL CZECH REPUBLIC					20,436,623

GREECE — (0.2%)
*	Alpha Services & Holdings SA		5,340,099		6,807,883
	Autohellas Tourist & Trading SA		38,797		357,742
	Bank of Greece		39,163		765,418
*	Ellaktor SA		594,352		946,313
*	Eurobank Ergasias Services & Holdings SA, Class A		5,879,649		6,175,497
*	Fourlis Holdings SA		61,713		274,322
*	GEK Terna Holding Real Estate Construction SA		1,073		12,030
	Hellenic Petroleum SA		149,657		1,031,831
*	Intracom Holdings SA		327,815		758,817
	JUMBO SA		25,081		373,314
*	LAMDA Development SA		77,929		642,280
*	Motor Oil Hellas Corinth Refineries SA		32,065		544,272
	Mytilineos SA		382,362		6,987,484
*	National Bank of Greece SA		2,200,866		6,949,747
*	Piraeus Financial Holdings SA		103,515		176,902
	Titan Cement International SA		57,498		999,805

TOTAL GREECE					33,803,657

HONG KONG — (0.2%)
††	Anxin-China Holdings Ltd.		6,152,000		0
#	Atlas Corp.		209,127		2,927,778
	BYD Electronic International Co. Ltd.		3,850,000		11,429,146
*	China Energy Engineering Corp.		7,387,830		2,747,650
††	Karce International Holdings		640,000		0
*	MMG Ltd.		8,736,000		4,035,176
††	Realgold Resources Corp.		3,137,500		0
	Sun Art Retail Group Ltd.		322,000		188,776
	Texhong Textile Group Ltd.		906,000		1,351,879
††	Untrade Youyuan Holdings		4,485,251		0
††	Untrade. C Fiber Optic		3,598,000		0
††	Untrade.CTEG		9,748,000		79,933

TOTAL HONG KONG					22,760,338

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
HUNGARY — (0.3%)
	MOL Hungarian Oil & Gas PLC		3,506,064	$	29,960,428
*	OTP Bank Nyrt		67,128		4,033,548

TOTAL HUNGARY					33,993,976

INDIA — (13.7%)
	Aarti Drugs Ltd.		35,366		276,679
	ACC Ltd.		338,836		10,591,965
	Adani Enterprises Ltd.		725,123		13,808,518
*	Adani Green Energy Ltd.		469,757		7,235,796
	Adani Ports & Special Economic Zone Ltd.		66,956		622,871
*	Adani Power Ltd.		1,868,617		2,553,598
	Adani Total Gas Ltd.		139,991		2,719,707
*	Adani Transmission Ltd.		571,651		13,638,827
*	Aditya Birla Capital Ltd.		2,879,031		3,720,809
	Alembic Ltd.		483,755		673,271
	Allcargo Logistics Ltd.		394,520		1,421,635
	Amara Raja Batteries Ltd.		4,029		36,765
	Ambuja Cements Ltd.		3,672,156		19,861,025
* ††	Amtek Auto Ltd.		941,223		6,481
	Andhra Sugars Ltd.		2,618		22,373
	Apar Industries Ltd.		8,379		76,234
	Apollo Tyres Ltd.		1,942,429		5,564,461
*	Arvind Fashions Ltd.		354,092		1,420,610
*	Arvind Ltd.		830,228		1,462,557
* W	Aster DM Healthcare Ltd.		28,695		71,562
	Aurobindo Pharma Ltd.		1,890,744		17,510,362
*	Axis Bank Ltd.		6,005,724		60,004,333
*	Bajaj Hindusthan Sugar Ltd.		69,831		12,684
	Bajaj Holdings & Investment Ltd.		278,067		17,887,718
	Balmer Lawrie & Co. Ltd.		470,215		793,675
	Balrampur Chini Mills Ltd.		990,244		4,348,618
	Banco Products India Ltd.		31,150		76,530
W	Bandhan Bank Ltd.		102,664		400,853
*	Bank of Baroda		4,146,066		5,422,705
*	Bank of Maharashtra		578,945		161,386
	BEML Ltd.		83,433		1,793,530
	Bharat Bijlee Ltd.		651		13,014
	Bharat Dynamics Ltd.		18,498		100,126
	Bharat Electronics Ltd.		4,584,348		12,738,533
*	Bharat Heavy Electricals Ltd.		5,700,069		5,203,509
	Bharti Airtel Ltd.		96,444		365,909
	Birla Corp. Ltd.		158,657		3,231,028
	Birlasoft Ltd.		927,461		5,068,408
	Bliss Gvs Pharma Ltd.		8,394		12,456
	Bodal Chemicals Ltd.		160,661		264,018
	Bombay Burmah Trading Co.		5,726		82,582
	Brigade Enterprises Ltd.		341,618		2,146,762
	BSE Ltd.		119,329		2,112,143
*	Camlin Fine Sciences Ltd.		11,938		26,534
	Can Fin Homes Ltd.		2,029		17,024
*	Canara Bank		1,449,186		4,158,760
*	Capacit’e Infraprojects Ltd.		41,710		92,612
	Ceat Ltd.		165,941		2,786,994
	Century Enka Ltd.		8,587		50,965
	Century Textiles & Industries Ltd.		37,750		396,121
*	CG Power & Industrial Solutions Ltd.		2,276,310		4,524,912
	Chambal Fertilizers & Chemicals Ltd.		891,271		4,422,714
††	Chennai Super Kings Cricket Ltd.		5,080,767		28,626
	Cholamandalam Financial Holdings Ltd.		420,899		3,942,309

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Cipla Ltd.		896,605	$	10,913,166
	City Union Bank Ltd.		1,110,844		2,528,787
	Clariant Chemicals India Ltd.		1,534		11,286
W	Cochin Shipyard Ltd.		39,788		186,249
	Container Corp. Of India Ltd.		357,502		3,146,352
*	CSB Bank Ltd.		20,356		80,365
	Cyient Ltd.		124,698		1,778,492
	Dalmia Bharat Ltd.		284,948		7,675,859
	Dalmia Bharat Sugar & Industries Ltd.		2,005		10,571
	DB Corp. Ltd.		113,948		149,423
*	DCB Bank Ltd.		1,192,136		1,452,957
	DCM Shriram Ltd.		292,320		3,860,378
*	DCW Ltd.		78,814		50,086
	Deepak Fertilisers & Petrochemicals Corp. Ltd.		278,985		1,504,787
	Delta Corp. Ltd.		51,743		180,117
*	DEN Networks Ltd.		47,436		28,410
	Dhampur Sugar Mills Ltd.		189,843		749,357
*	Dhani Services Ltd.		23,401		56,306
W	Dilip Buildcon Ltd.		108,385		870,437
*	Dish TV India Ltd.		2,132,040		493,872
*	Dishman Carbogen Amcis Ltd.		329,786		908,820
	DLF Ltd.		2,100,800		11,245,263
	Dr Reddy’s Laboratories Ltd., ADR		71,016		4,363,223
*	DRC Systems India Ltd.		4,728		25,065
	Dwarikesh Sugar Industries Ltd.		31,979		30,402
	eClerx Services Ltd.		13,413		393,214
	Edelweiss Financial Services Ltd.		1,371,920		1,420,187
*	EID Parry India Ltd.		563,199		3,441,766
*	EIH Ltd.		422,487		783,946
	Electrosteel Castings Ltd.		24,101		10,872
	Engineers India Ltd.		156,347		152,189
	EPL Ltd.		45,190		130,038
	Escorts Ltd.		190,424		4,031,406
	Everest Kanto Cylinder Ltd.		6,104		9,168
	Excel Industries Ltd.		2,342		30,028
	Exide Industries Ltd.		280,804		649,465
*	FDC Ltd.		69,318		296,656
	Federal Bank Ltd.		10,486,940		13,723,062
	FIEM Industries Ltd.		2,615		43,832
	Filatex India Ltd.		35,790		47,917
	Finolex Cables Ltd.		495,237		3,107,605
	Finolex Industries Ltd.		741,795		2,183,048
	Firstsource Solutions Ltd.		1,796,446		4,774,638
	Force Motors Ltd.		7,342		138,445
*	Fortis Healthcare Ltd.		1,383,126		4,523,564
	Gabriel India Ltd.		92,477		190,331
	GAIL India Ltd.		10,022,838		19,896,528
	Garden Reach Shipbuilders & Engineers Ltd.		14,771		43,189
	Gateway Distriparks Ltd.		325,127		1,217,336
*	Gayatri Projects Ltd.		93,367		53,936
	GE Power India Ltd.		2,881		11,150
*	GE T&D India Ltd.		13,808		23,656
* W	General Insurance Corp. of India		111,280		198,271
*	GFL Ltd.		199,658		207,162
	GHCL Ltd.		257,525		1,453,394
	Glenmark Pharmaceuticals Ltd.		1,040,612		7,019,660
	Godawari Power & Ispat Ltd.		7,208		34,263
	Godawari Power & Ispat Ltd.		7,208		34,233
	Godfrey Phillips India Ltd.		85,898		1,492,300

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Goodyear India Ltd.		3,222	$	43,742
	Granules India Ltd.		883,816		3,677,283
	Graphite India Ltd.		20,799		148,629
	Grasim Industries Ltd.		1,273,099		29,430,021
	Great Eastern Shipping Co. Ltd.		503,782		2,192,270
	Greaves Cotton Ltd.		60,604		108,533
	Gujarat Alkalies & Chemicals Ltd.		176,303		1,775,114
	Gujarat Ambuja Exports Ltd.		280,132		613,617
*	Gujarat Fluorochemicals Ltd.		284,783		6,962,637
	Gujarat Mineral Development Corp. Ltd.		549,802		545,459
	Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		332,353		2,039,463
	Gujarat Pipavav Port Ltd.		450,771		674,974
	Gujarat State Fertilizers & Chemicals Ltd.		828,894		1,466,478
	Gujarat State Petronet Ltd.		1,304,285		5,312,019
*	Hathway Cable & Datacom Ltd.		110,526		32,267
	HBL Power Systems Ltd.		23,319		15,643
	HEG Ltd.		12,117		333,118
	HeidelbergCement India Ltd.		345,204		1,101,869
	HFCL Ltd.		3,752,356		3,617,106
	Hikal Ltd.		308,027		2,351,007
	HIL Ltd.		18,294		1,100,216
	Himadri Speciality Chemical Ltd.		203,546		143,046
	Himatsingka Seide Ltd.		181,013		610,981
	Hindalco Industries Ltd.		9,969,863		61,983,738
	Hinduja Global Solutions Ltd.		59,737		2,155,904
	Hindustan Aeronautics Ltd.		44,133		776,775
	Housing Development Finance Corp. Ltd.		277,698		10,575,788
	I G Petrochemicals Ltd.		3,003		33,610
	ICICI Bank Ltd., Sponsored ADR		4,454,789		94,218,784
	ICICI Bank Ltd.		1,273,118		13,783,851
*	IDFC First Bank Ltd.		9,141,208		6,078,635
*	IDFC Ltd.		4,102,603		3,052,120
*	IFCI Ltd.		5,015,523		820,261
	IIFL Finance Ltd.		1,287,770		5,611,220
	IIFL Securities Ltd.		2,231,338		2,894,014
	IIFL Wealth Management Ltd.		248,986		5,425,749
	India Cements Ltd.		987,977		2,725,540
	India Glycols Ltd.		91,269		1,028,491
	Indiabulls Housing Finance Ltd.		1,767,950		5,135,827
*	Indiabulls Real Estate Ltd.		1,220,434		2,491,134
	Indian Bank		504,291		1,158,382
	Indian Hume Pipe Co. Ltd.		2,945		7,515
*	Indian Overseas Bank		82,696		23,698
	Indo Count Industries Ltd.		248,595		812,442
	INEOS Styrolution India Ltd.		19,028		380,416
	Infibeam Avenues Ltd.		2,883,341		1,735,774
*	Inox Wind Energy Ltd.		19,966		234,682
*	Intellect Design Arena Ltd.		295,765		2,588,545
	IOL Chemicals & Pharmaceuticals Ltd.		15,461		114,966
W	IRCON International Ltd.		48,054		30,339
	ITD Cementation India Ltd.		187,582		204,684
	J Kumar Infraprojects Ltd.		167,631		339,346
*	Jagran Prakashan Ltd.		489,592		406,790
	Jai Corp. Ltd.		312,837		504,273
*	Jaiprakash Associates Ltd.		409,710		46,619
*	Jammu & Kashmir Bank Ltd.		954,511		512,954
	JB Chemicals & Pharmaceuticals Ltd.		265,286		5,920,857
	JBM Auto Ltd.		2,437		19,594
	Jindal Poly Films Ltd.		107,814		1,367,705

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Jindal Saw Ltd.		854,627	$	1,308,024
*	Jindal Stainless Hisar Ltd.		60,550		271,658
*	Jindal Stainless Ltd.		316,349		816,573
*	Jindal Steel & Power Ltd.		3,034,663		16,952,971
	JK Cement Ltd.		73,792		3,289,516
	JK Lakshmi Cement Ltd.		228,271		1,885,719
	JK Paper Ltd.		522,303		1,576,169
	JK Tyre & Industries Ltd.		607,973		1,178,830
	JM Financial Ltd.		2,157,432		2,564,182
	JSW Energy Ltd.		2,393,039		10,987,877
	JSW Steel Ltd.		4,827,498		43,453,974
	Jubilant Ingrevia Ltd.		762,037		6,823,116
	Jubilant Pharmova Ltd.		678,513		5,399,795
	Jyothy Labs Ltd.		26,964		56,522
	Kalpataru Power Transmission Ltd.		409,368		2,291,526
	Kalyani Steels Ltd.		78,911		389,698
	Karnataka Bank Ltd.		942,714		858,209
	Karur Vysya Bank Ltd.		2,259,617		1,482,700
	Kaveri Seed Co. Ltd.		83,828		586,799
	KCP Ltd.		12,706		22,379
	KEC International Ltd.		41,521		266,989
	Kiri Industries Ltd.		98,928		642,154
	Kirloskar Ferrous Industries Ltd.		11,598		36,582
	Kirloskar Oil Engines Ltd.		298,653		812,633
	KNR Constructions Ltd.		407,280		1,527,638
*	Kolte-Patil Developers Ltd.		90,777		375,666
	KPIT Technologies Ltd.		1,072,954		4,430,656
	KPR Mill Ltd.		204,410		1,235,999
	KRBL Ltd.		120,245		454,661
*	L&T Finance Holdings Ltd.		4,515,110		4,984,138
	Larsen & Toubro Ltd.		2,297,590		54,714,019
W	Laurus Labs Ltd.		93,302		644,849
	LG Balakrishnan & Bros Ltd.		25,778		173,785
	LIC Housing Finance Ltd.		2,167,790		11,819,527
	Linde India Ltd.		24,249		746,454
	LT Foods Ltd.		845,319		788,313
	Lupin Ltd.		1,204,587		14,956,909
	Maharashtra Scooters Ltd.		8,085		479,149
	Maharashtra Seamless Ltd.		147,161		963,384
	Mahindra & Mahindra Financial Services Ltd.		4,167,224		10,074,587
	Mahindra & Mahindra Ltd.		3,949,734		46,836,219
*	Mahindra CIE Automotive Ltd.		264,220		951,664
*	Mahindra Lifespace Developers Ltd.		376,407		1,374,368
	Maithan Alloys Ltd.		10,095		143,017
	Manappuram Finance Ltd.		1,364,008		3,800,067
	Mangalam Cement Ltd.		6,708		37,780
	Marksans Pharma Ltd.		1,329,294		1,174,646
	Mastek Ltd.		77,492		2,885,246
*	Max Healthcare Institute Ltd.		461,394		2,044,274
*	Max India Ltd.		42,980		43,437
*	Meghmani Finechem Ltd.		76,933		907,196
	Meghmani Organics Ltd.		818,438		1,194,082
	Minda Corp. Ltd.		28,727		60,291
	MOIL Ltd.		349,145		728,740
	Monte Carlo Fashions Ltd.		1,935		10,056
	Motilal Oswal Financial Services Ltd.		1,289		15,767
	Mphasis Ltd.		256,013		11,101,085
	MRF Ltd.		7,617		7,885,337
	National Aluminium Co. Ltd.		2,986,448		3,879,929

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Nava Bharat Ventures Ltd.		479,073	$	736,690
	Navneet Education Ltd.		12,483		17,615
	NCC Ltd.		1,747,409		1,670,013
	NCL Industries Ltd.		4,762		15,716
	Neuland Laboratories Ltd.		1,140		25,432
	NIIT Ltd.		450,911		1,803,846
	Nilkamal Ltd.		35,216		1,117,129
	NMDC Ltd.		1,117,652		2,141,980
	NOCIL Ltd.		320,354		1,146,183
	NRB Bearings Ltd.		28,454		49,017
	Nucleus Software Exports Ltd.		18,815		146,267
*	Oberoi Realty Ltd.		457,696		5,570,044
*	Omaxe Ltd.		268,860		266,208
	Orient Cement Ltd.		556,320		1,209,252
	Panama Petrochem Ltd.		8,457		30,226
W	Parag Milk Foods Ltd.		137,951		249,300
*	PC Jeweller Ltd.		50,599		18,647
	Persistent Systems Ltd.		310,402		16,304,137
	Petronet LNG Ltd.		3,937,868		12,112,455
	Phillips Carbon Black Ltd.		518,512		1,528,283
	Piramal Enterprises Ltd.		380,449		13,277,928
* W	PNB Housing Finance Ltd.		186,149		1,204,608
	PNC Infratech Ltd.		321,227		1,396,229
	Polyplex Corp. Ltd.		101,191		2,286,651
*	Poonawalla Fincorp Ltd.		77,261		172,075
	Power Finance Corp. Ltd.		4,872,837		8,678,236
*	Power Mech Projects Ltd.		2,920		38,509
	Praj Industries Ltd.		63,549		283,881
*	Prakash Industries Ltd.		187,902		164,286
	Prestige Estates Projects Ltd.		647,281		3,711,706
*	Pricol Ltd.		29,519		38,366
	Procter & Gamble Health Ltd.		11,124		812,439
*	PTC India Financial Services Ltd.		1,484,251		384,939
	PTC India Ltd.		1,014,721		1,725,749
*	Punjab National Bank		5,997,812		3,389,849
W	Quess Corp. Ltd.		37,802		437,644
	Rain Industries Ltd.		736,786		2,247,416
	Rajesh Exports Ltd.		404,958		3,454,239
	Rallis India Ltd.		310,215		1,099,258
	Ramco Industries Ltd.		118,646		449,111
*	Rane Holdings Ltd.		1,527		12,286
	Rashtriya Chemicals & Fertilizers Ltd.		1,044,190		1,074,453
*	Raymond Ltd.		172,825		1,053,709
* W	RBL Bank Ltd.		322,994		783,623
	REC Ltd.		6,005,712		12,025,518
	Redington India Ltd.		4,228,564		8,193,304
	Reliance Industries Ltd.		12,484,013		424,273,319
*	Reliance Power Ltd.		1,644,945		311,509
	Repco Home Finance Ltd.		157,611		567,785
	RITES Ltd.		18,196		68,698
	Sagar Cements Ltd.		5,572		21,035
	Sarda Energy & Minerals Ltd.		2,117		23,494
	Savita Oil Technologies Ltd.		1,430		26,467
	Sequent Scientific Ltd.		35,715		91,256
	Seshasayee Paper & Boards Ltd.		59,795		140,337
W	SH Kelkar & Co. Ltd.		29,428		62,382
*	Shankara Building Products Ltd.		2,872		21,054
	Sharda Cropchem Ltd.		34,751		143,247
	Shipping Corp. of India Ltd.		822,610		1,407,589

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Shriram City Union Finance Ltd.		29,413	$	850,770
	Shriram Transport Finance Co. Ltd.		735,109		14,285,517
	Sobha Ltd.		289,326		2,979,298
	Somany Ceramics Ltd.		10,977		112,333
	Somany Home Innovation Ltd.		60,531		362,850
*	South Indian Bank Ltd.		4,961,219		624,825
*	Spandana Sphoorty Financial Ltd.		2,296		15,714
	Srikalahasthi Pipes Ltd.		69,809		180,148
*	Star Cement Ltd.		24,193		32,540
	State Bank of India		6,087,495		41,108,135
	Steel Authority of India Ltd.		7,431,498		11,497,384
	Strides Pharma Science Ltd.		361,129		2,584,870
	Sun Pharmaceutical Industries Ltd.		2,709,187		28,844,635
	Sun TV Network Ltd.		192,573		1,444,126
	Sundaram-Clayton Ltd.		428		21,981
	Sunteck Realty Ltd.		290,750		1,782,032
	Surya Roshni Ltd.		65,033		530,885
*	Suvidhaa Infoserve Ltd.		255,844		42,836
*	TAKE Solutions Ltd.		75,949		48,676
*	TARC Ltd.		263,704		154,309
	Tata Chemicals Ltd.		761,327		9,200,125
	Tata Coffee Ltd.		31,485		88,034
	Tata Consumer Products Ltd.		1,775,741		19,303,192
	Tata Metaliks Ltd.		1,879		24,044
*	Tata Motors Ltd.		10,754,335		69,290,039
*	Tata Steel BSL Ltd.		161,085		186,459
	Tata Steel Ltd.		2,469,357		43,593,024
	TD Power Systems Ltd.		3,021		13,579
	Tech Mahindra Ltd.		512,811		10,165,388
	Techno Electric & Engineering Co. Ltd.		63,482		222,693
* ††	Teledata Marine Solutions Ltd.		267,258		0
	Tide Water Oil Co. India Ltd.		11,950		262,760
	Time Technoplast Ltd.		635,571		591,911
	Tinplate Co. of India Ltd.		203,125		794,510
*	Titagarh Wagons Ltd.		59,109		74,658
	Transport Corp. of India Ltd.		130,573		1,099,264
	Trident Ltd.		8,544,349		4,351,177
	Triveni Engineering & Industries Ltd.		572,383		1,455,404
	Tube Investments of India Ltd.		318,553		5,953,639
	TV Today Network Ltd.		29,230		122,264
*	TV18 Broadcast Ltd.		3,619,641		2,018,983
	TVS Srichakra Ltd.		3,639		112,328
*	UCO Bank		1,814,473		351,575
	Uflex Ltd.		219,094		1,660,455
	Unichem Laboratories Ltd.		200,132		640,075
*	Union Bank of India		1,643,856		1,019,168
	UPL Ltd.		204,333		2,040,217
*	Usha Martin Ltd.		388,305		457,871
*	VA Tech Wabag Ltd.		139,858		596,391
	Vardhman Textiles Ltd.		155,628		4,057,423
	Vedanta Ltd.		324,172		1,318,782
#	Vedanta Ltd., ADR		394,713		6,232,525
	Vindhya Telelinks Ltd.		23,536		352,984
	Visaka Industries Ltd.		1,209		9,641
*	Vodafone Idea Ltd.		10,109,989		1,280,954
	Welspun Corp. Ltd.		646,685		1,161,259
	Welspun Enterprises Ltd.		463,798		609,539
	Welspun India Ltd.		1,892,101		3,509,710
	West Coast Paper Mills Ltd.		184,344		619,860

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Wipro Ltd.		6,193,725	$	53,697,022
*	Wockhardt Ltd.		235,925		1,346,283
*	Yes Bank Ltd.		19,922,354		3,404,203
	Zensar Technologies Ltd.		423,215		2,625,727

TOTAL INDIA					1,872,076,353

INDONESIA — (1.5%)
	Adaro Energy Tbk PT		97,793,300		11,584,010
*	Adhi Karya Persero Tbk PT		4,040,200		299,899
	AKR Corporindo Tbk PT		563,800		170,109
*	Alam Sutera Realty Tbk PT		52,456,200		674,809
	Aneka Tambang Tbk		3,337,300		552,293
	Astra Agro Lestari Tbk PT		3,532,766		2,678,746
	Astra International Tbk PT		40,609,000		17,295,882
* ††	Bakrie Telecom Tbk PT		160,430,200		106,161
	Bank Danamon Indonesia Tbk PT		1,729,454		328,752
	Bank Mandiri Persero Tbk PT		49,143,662		24,845,647
	Bank Negara Indonesia Persero Tbk PT		26,872,841		13,289,235
*	Bank Pan Indonesia Tbk PT		58,330,801		3,250,751
	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		18,459,300		1,857,407
	Bank Pembangunan Daerah Jawa Timur Tbk PT		21,617,600		1,190,733
*	Bank Tabungan Negara Persero Tbk PT		27,316,427		3,435,857
	Barito Pacific Tbk PT		5,139,300		340,051
*	Bekasi Fajar Industrial Estate Tbk PT		32,514,000		298,279
	BISI International Tbk PT		9,817,300		706,326
*	Buana Lintas Lautan Tbk PT		32,695,100		591,422
	Bukit Asam Tbk PT		22,735,900		4,303,051
*	Bumi Serpong Damai Tbk PT		20,401,300		1,601,488
	Ciputra Development Tbk PT		69,722,878		5,295,557
*	City Retail Developments Tbk PT		1,000,000		11,093
*	Delta Dunia Makmur Tbk PT		36,091,000		754,321
*	Eagle High Plantations Tbk PT		50,643,100		325,258
	Elnusa Tbk PT		21,143,600		453,878
	Erajaya Swasembada Tbk PT		59,034,000		2,713,115
*	FKS Food Sejahtera Tbk PT		23,353,822		363,104
	Gajah Tunggal Tbk PT		8,135,800		419,583
* ††	Garuda Indonesia Persero Tbk PT		7,731,781		90,866
	Gudang Garam Tbk PT		134,400		318,392
* ††	Hanson International Tbk PT		37,319,300		24,695
	Hexindo Adiperkasa Tbk PT		646,644		184,800
	Indah Kiat Pulp & Paper Tbk PT		16,466,400		9,852,783
*	Indika Energy Tbk PT		10,821,200		1,360,491
	Indo Tambangraya Megah Tbk PT		2,923,800		4,457,289
	Indocement Tunggal Prakarsa Tbk PT		380,200		317,390
	Indofood Sukses Makmur Tbk PT		30,127,000		13,522,986
	Indomobil Sukses Internasional Tbk PT		218,700		15,478
	Integra Indocabinet Tbk PT		2,170,600		125,756
*	Intiland Development Tbk PT		38,709,800		473,651
	Japfa Comfeed Indonesia Tbk PT		30,600,750		3,737,862
	Jaya Real Property Tbk PT		66,551,400		2,333,251
*	Kawasan Industri Jababeka Tbk PT		151,628,856		1,692,833
*	KMI Wire & Cable Tbk PT		10,201,300		211,691
*	Krakatau Steel Persero Tbk PT		407,200		15,111
	Link Net Tbk PT		164,900		45,272
	Lippo Cikarang Tbk PT		6,552,310		465,796
*	Lippo Karawaci Tbk PT		255,901,762		2,676,723
*	Malindo Feedmill Tbk PT		6,123,100		326,588
*	Map Aktif Adiperkasa PT		75,300		17,296
*	Medco Energi Internasional Tbk PT		59,390,032		2,386,706

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
INDONESIA — (Continued)
	Media Nusantara Citra Tbk PT		32,613,000	$	2,074,394
	Metrodata Electronics Tbk PT		5,572,550		1,451,018
*	Mitra Adiperkasa Tbk PT		1,655,900		102,960
	Mitra Pinasthika Mustika Tbk PT		1,774,100		94,225
*	MNC Kapital Indonesia Tbk PT		8,798,000		63,966
*	MNC Vision Networks Tbk PT		2,925,400		49,988
*	Multipolar Tbk PT		6,379,200		181,897
	Pabrik Kertas Tjiwi Kimia Tbk PT		3,619,300		2,132,949
*	Pakuwon Jati Tbk PT		1,999,500		70,765
*	Pan Brothers Tbk PT		24,455,850		229,959
*	Panin Financial Tbk PT		76,680,200		987,931
*	Paninvest Tbk PT		10,415,300		506,627
	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		23,469,084		2,311,884
*	PP Persero Tbk PT		11,059,600		942,941
	Puradelta Lestari Tbk PT		2,516,000		39,847
*	Ramayana Lestari Sentosa Tbk PT		10,775,500		562,884
	Salim Ivomas Pratama Tbk PT		22,834,800		776,829
*	Sampoerna Agro Tbk PT		8,192,041		1,290,198
	Semen Indonesia Persero Tbk PT		14,874,700		9,558,201
	Siloam International Hospitals Tbk PT		1,692,800		1,027,572
	Sinar Mas Agro Resources & Technology Tbk PT		6,811,900		2,155,023
* ††	Sri Rejeki Isman Tbk PT		63,289,500		489,162
*	Surya Semesta Internusa Tbk PT		31,276,700		1,100,940
††	Suryainti Permata Tbk PT		17,378,000		0
	Tempo Scan Pacific Tbk PT		917,400		95,206
*	Timah Tbk PT		3,458,100		388,788
* ††	Tiphone Mobile Indonesia Tbk PT		6,628,800		10,615
* ††	Trada Alam Minera Tbk PT		188,544,700		124,765
	Trias Sentosa Tbk PT		336,500		13,879
	Tunas Baru Lampung Tbk PT		17,990,700		1,098,100
	Tunas Ridean Tbk PT		32,428,200		2,864,645
	Ultrajaya Milk Industry & Trading Co. Tbk PT		1,371,100		157,855
	Unggul Indah Cahaya Tbk PT		288,335		181,165
	United Tractors Tbk PT		11,662,600		19,400,854
	Vale Indonesia Tbk PT		10,962,400		3,756,977
*	Waskita Beton Precast Tbk PT		33,556,300		367,376
*	Waskita Karya Persero Tbk PT		17,591,000		1,143,659
	Wijaya Karya Bangunan Gedung Tbk PT		6,598,700		90,841
	Wijaya Karya Beton Tbk PT		18,377,300		352,936
*	Wijaya Karya Persero Tbk PT		20,772,300		1,829,876
	XL Axiata Tbk PT		24,207,100		5,271,166

TOTAL INDONESIA					209,741,386

MALAYSIA — (1.8%)
#	Aeon Co. M Bhd		2,308,900		824,615
#	AFFIN Bank Bhd		7,976,554		3,278,851
	Alliance Bank Malaysia Bhd		7,337,700		4,871,613
	Allianz Malaysia Bhd		93,300		296,999
*	AMMB Holdings Bhd		10,368,662		8,414,308
	Batu Kawan Bhd		1,623,450		8,743,957
*	Berjaya Assets Bhd		604,700		36,636
*	Berjaya Corp. Bhd		14,975,529		922,277
# *	Berjaya Land Bhd		5,491,800		324,914
	BIMB Holdings Bhd		1,164,507		899,697
*	Boustead Holdings Bhd		2,832,091		417,421
#	Boustead Plantations Bhd		3,159,100		546,073
# *	Bumi Armada Bhd		16,365,600		2,008,827
#	Cahya Mata Sarawak Bhd		2,028,000		701,722
	CB Industrial Product Holding Bhd		1,285,500		394,706

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
#	CIMB Group Holdings Bhd		25,597,406	$	32,297,102
	CSC Steel Holdings Bhd		821,256		263,581
# *	Cypark Resources Bhd		918,750		220,887
#	DRB-Hicom Bhd		6,552,000		2,610,626
#	Eco World Development Group Bhd		4,869,900		1,200,874
#	Ekovest BHD		8,316,700		832,961
	FAR East Holdings Bhd		57,360		41,561
	Gadang Holdings Bhd		2,586,100		259,462
*	Gamuda Bhd		9,538,433		7,468,036
	Genting Bhd		7,451,300		9,326,624
	Genting Malaysia Bhd		8,748,100		6,702,880
	Genting Plantations Bhd		41,200		72,651
	George Kent Malaysia Bhd		1,855,600		313,967
	HAP Seng Consolidated Bhd		1,407,582		2,666,758
#	Hengyuan Refining Co. Bhd		791,000		827,338
	HeveaBoard Bhd		2,153,300		246,813
#	Hiap Teck Venture Bhd		8,346,100		1,142,037
	Hibiscus Petroleum Bhd		728,200		157,974
	Hong Leong Financial Group Bhd		1,923,134		8,520,783
	Hong Leong Industries Bhd		129,100		284,627
# *	IGB Bhd		1,994,205		937,297
	IJM Corp. Bhd		19,077,718		8,541,962
#	Insas Bhd		2,626,100		648,017
#	IOI Properties Group Bhd		7,235,425		2,239,954
# *	Iskandar Waterfront City Bhd		1,951,300		186,300
# *	JAKS Resources Bhd		6,809,780		765,225
# *	Jaya Tiasa Holdings Bhd		2,754,833		472,172
*	Keck Seng Malaysia Bhd		751,400		704,533
# *	KNM Group Bhd		13,856,690		684,717
# *	KSL Holdings Bhd		1,718,751		271,921
#	Kumpulan Fima BHD		575,200		291,646
	Land & General Bhd		11,345,220		328,206
	LBS Bina Group Bhd		3,959,834		526,290
# W	Lotte Chemical Titan Holding Bhd		1,069,093		702,657
	Magnum Bhd		5,704,845		2,974,609
#	Mah Sing Group Bhd		8,063,762		1,577,931
	Malayan Banking Bhd		15,697,757		30,534,840
	Malayan Flour Mills Bhd		3,750,075		683,763
# *	Malaysia Airports Holdings Bhd		476,154		744,699
#	Malaysia Building Society Bhd		13,955,643		2,159,717
#	Malaysian Resources Corp. Bhd		12,219,447		1,211,310
	Matrix Concepts Holdings Bhd		794,700		412,471
	MBM Resources BHD		812,703		620,164
	Mega First Corp. Bhd		341,200		296,899
	MISC Bhd		6,588,104		11,269,420
	MKH Bhd		1,847,578		648,530
#	MMC Corp. Bhd		3,524,180		1,684,841
	MNRB Holdings Bhd		1,983,779		638,704
*	MPHB Capital Bhd		178,400		58,147
#	Muda Holdings Bhd		529,900		353,377
	Muhibbah Engineering M Bhd		1,684,000		389,194
*	Mulpha International Bhd		852,260		520,346
*	Notion VTEC Bhd		220,300		25,311
*	OCK Group Bhd		131,800		16,412
	Oriental Holdings BHD		2,554,379		3,293,785
	OSK Holdings Bhd		6,761,306		1,471,272
	Panasonic Manufacturing Malaysia Bhd		22,880		165,858
	Pantech Group Holdings Bhd		2,614,594		369,500
	Paramount Corp. Bhd		1,807,455		338,881

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
#	Petron Malaysia Refining & Marketing Bhd		247,800	$	269,597
# *	Pos Malaysia Bhd		1,777,400		315,293
	PPB Group Bhd		2,239,339		9,829,926
	RHB Bank Bhd		11,553,209		15,588,644
*	Rubberex Corp. M Bhd		277,000		36,205
# *	Sapura Energy Bhd		39,709,700		961,491
#	Sarawak Oil Palms Bhd		694,467		644,881
	Sime Darby Bhd		17,922,700		9,837,147
	Sime Darby Property Bhd		7,330,900		1,284,779
# *	SP Setia Bhd Group		9,325,073		3,510,119
* ††	Sumatec Resources Bhd		2,855,100		620
	Sunway Bhd		9,004,786		3,874,000
	Suria Capital Holdings Bhd		793,880		239,723
	Syarikat Takaful Malaysia Keluarga Bhd		191,647		183,819
	Ta Ann Holdings Bhd		993,026		776,721
	Tan Chong Motor Holdings Bhd		658,600		187,589
*	Tropicana Corp. Bhd		5,049,461		1,231,355
*	Tune Protect Group Bhd		2,001,800		239,649
*	UEM Edgenta Bhd		1,204,400		536,003
# *	UEM Sunrise Bhd		8,933,745		852,598
	United Malacca Bhd		902,000		1,122,626
	UOA Development Bhd		7,576,600		3,200,719
# *	Velesto Energy Bhd		15,654,228		604,001
*	Wah Seong Corp. Bhd		676,080		119,226
# *	WCT Holdings Bhd		4,268,224		640,403
	Yinson Holdings Bhd		141,000		199,353
	YNH Property Bhd		3,337,050		2,153,529
	YTL Corp. Bhd		27,313,621		4,158,477

TOTAL MALAYSIA					250,499,529

MEXICO — (2.2%)
*	ALEATICA SAB de CV		21,226		18,867
	Alfa SAB de CV, Class A		24,152,100		17,444,226
	Alpek SAB de CV		2,216,508		2,444,963
#	Arca Continental SAB de CV		1,394,616		8,488,407
# W	Banco del Bajio SA		1,475,288		2,764,553
*	Cemex SAB de CV		69,050		44,540
*	Cemex SAB de CV, Sponsored ADR		3,249,914		20,896,943
	Coca-Cola Femsa SAB de CV, Sponsored ADR		61,925		3,328,469
	Coca-Cola Femsa SAB de CV		1,044,400		5,614,132
	Consorcio ARA SAB de CV		3,207,049		671,380
	Corp. Actinver SAB de CV, Class B		89,268		47,695
*	Corp. Interamericana de Entretenimiento SAB de CV, Class B		1,220,611		529,437
# *	Credito Real SAB de CV Sofom ER		1,173,675		598,581
	Cydsa SAB de CV		5,874		3,957
*	Dine SAB de CV		1,022,314		943,461
#	El Puerto de Liverpool SAB de CV, Class C1		532,562		2,365,333
	Fomento Economico Mexicano SAB de CV, Sponsored ADR		92,540		7,605,862
	GCC SAB de CV		910,806		6,720,003
# *	Genomma Lab Internacional SAB de CV, Class B		803,066		771,939
*	Gentera SAB de CV		1,801,797		1,085,209
#	Grupo Carso SAB de CV		3,079,499		10,394,132
	Grupo Comercial Chedraui SA de CV		2,074,720		4,089,379
	Grupo Elektra SAB de CV		104,717		8,036,374
	Grupo Financiero Banorte SAB de CV, Class O		7,711,601		48,746,251
*	Grupo Financiero Inbursa SAB de CV, Class O		7,138,340		7,149,435
*	Grupo Gigante SAB de CV		471,076		593,764
	Grupo Herdez SAB de CV		139,130		255,581
#	Grupo Industrial Saltillo SAB de CV		1,352,696		1,964,524

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
MEXICO — (Continued)
# *	Grupo KUO SAB de CV, Class B		1,907,144	$	4,205,110
#	Grupo Mexico SAB de CV, Class B		10,518,496		46,093,778
*	Grupo Pochteca SAB de CV		67,810		26,843
*	Grupo Posadas SAB de CV		312,086		407,767
	Grupo Rotoplas SAB de CV		201,455		278,777
*	Grupo Sanborns SAB de CV		1,360,018		1,585,411
*	Grupo Simec SAB de CV, Class B		690,073		5,698,432
	Grupo Televisa SAB, Sponsored ADR		713,059		7,216,157
	Grupo Televisa SAB		2,296,479		4,646,946
*	Hoteles City Express SAB de CV		259,134		80,051
	Industrias Bachoco SAB de CV, Class B		1,288,503		4,538,049
*	Industrias CH SAB de CV, Class B		1,878,046		16,282,845
# *	Industrias Penoles SAB de CV		513,804		6,559,062
#	La Comer SAB de CV		3,893,073		6,983,252
	Medica Sur SAB de CV, Class B		1,000		2,132
	Megacable Holdings SAB de CV		137,229		404,995
*	Minera Frisco SAB de CV, Class A1		13,254,671		2,446,461
# * W	Nemak SAB de CV		9,781,685		2,242,547
	Orbia Advance Corp. SAB de CV		4,322,662		11,295,862
#	Organizacion Cultiba SAB de CV		157,421		78,756
# *	Organizacion Soriana SAB de CV, Class B		13,635,143		16,557,149
	Promotora y Operadora de Infraestructura SAB de CV		415,490		3,060,475
# *	Unifin Financiera SAB de CV		737,216		1,138,696
	Vitro SAB de CV, Class A		927,658		1,076,891

TOTAL MEXICO					306,523,841

PHILIPPINES — (0.9%)
††	ACR Mining Corp.		105,455		7,021
	Alliance Global Group, Inc.		22,644,306		4,679,383
	Alsons Consolidated Resources, Inc.		7,682,000		173,367
*	Apex Mining Co., Inc.		2,152,000		61,783
*	Atlas Consolidated Mining & Development Corp.		4,214,600		526,900
	Ayala Corp.		82,790		1,418,674
	Bank of the Philippine Islands		3,780,263		6,522,190
	BDO Unibank, Inc.		9,287,358		22,858,117
*	Belle Corp.		4,041,000		112,280
*	Cebu Air, Inc.		1,129,830		992,976
* W	CEMEX Holdings Philippines, Inc.		17,723,719		435,804
	Century Properties Group, Inc.		13,996,400		127,580
	China Banking Corp.		7,866,732		3,770,111
	Cosco Capital, Inc.		12,919,000		1,339,182
	DMCI Holdings, Inc.		8,009,300		1,261,752
*	East West Banking Corp.		2,667,000		500,488
*	EEI Corp.		1,850,500		239,583
††	Export & Industry Bank, Inc., Class A		14,950		0
	Filinvest Development Corp.		384,400		61,455
	Filinvest Land, Inc.		73,198,031		1,672,115
	First Philippine Holdings Corp.		3,175,100		4,688,076
††	Fwbc Holdings, Inc.		5,471,786		0
	Global Ferronickel Holdings, Inc.		9,631,116		405,566
	GT Capital Holdings, Inc.		271,527		3,046,681
*	Integrated Micro-Electronics, Inc.		2,057,200		362,467
	JG Summit Holdings, Inc.		12,249,017		14,627,634
	LT Group, Inc.		9,164,300		1,829,501
	Megaworld Corp.		60,961,300		3,714,039
	Metropolitan Bank & Trust Co.		9,034,092		8,544,392
	Nickel Asia Corp.		12,259,240		1,334,581
*	Petron Corp.		16,167,900		1,239,054
	Philex Mining Corp.		4,703,000		486,110

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
PHILIPPINES — (Continued)
*	Philippine National Bank		3,173,985	$	1,265,129
* ††	Philippine National Construction Corp.		398,900		7,272
	Philippine Savings Bank		1,950,769		2,247,163
††	Philippine Townships, Inc.		226,200		0
††	Philtown Properties, Inc.		6,701		0
*	Phoenix Petroleum Philippines, Inc.		1,259,500		284,614
*	Pilipinas Shell Petroleum Corp.		112,730		48,311
	PNB Holdings Corp.		497,957		3,148
	Premium Leisure Corp.		6,804,000		58,800
	RFM Corp.		762,400		67,983
	Rizal Commercial Banking Corp.		4,608,906		1,764,296
	Robinsons Land Corp.		22,395,608		7,570,664
	Robinsons Retail Holdings, Inc.		551,620		680,898
	San Miguel Corp.		5,113,496		11,841,622
	Security Bank Corp.		1,414,324		3,393,435
*	Top Frontier Investment Holdings, Inc.		526,832		1,369,512
	Union Bank of the Philippines		3,643,939		6,534,766
	Vista Land & Lifescapes, Inc.		46,966,968		3,516,767

TOTAL PHILIPPINES					127,693,242

POLAND — (0.8%)
*	Agora SA		230,402		472,603
*	Alior Bank SA		424,541		6,701,212
	Amica SA		5,928		182,786
	Asseco Poland SA		2,753		67,796
	Bank Handlowy w Warszawie SA		5,962		86,529
*	Bank Millennium SA		2,475,509		5,682,674
	Bank Polska Kasa Opieki SA		8,454		279,321
*	Boryszew SA		283,585		226,632
	Ciech SA		151,622		1,349,284
	Cyfrowy Polsat SA		512,024		4,579,121
	Develia SA		1,336,579		1,202,809
*	Enea SA		1,484,378		3,768,276
*	Famur SA		68,091		53,343
	Firma Oponiarska Debica SA		13,080		253,092
*	Grupa Azoty SA		242,822		1,813,906
	Grupa Kety SA		25,837		4,057,123
*	Grupa Lotos SA		393,782		6,121,353
*	Jastrzebska Spolka Weglowa SA		175,136		2,279,079
	Kernel Holding SA		402,854		6,084,614
	KGHM Polska Miedz SA		187,839		7,223,007
# *	Lubelski Wegiel Bogdanka SA		52,381		528,928
# *	mBank SA		34,717		4,913,390
*	PGE Polska Grupa Energetyczna SA		4,539,080		11,169,655
# *	PKP Cargo SA		109,382		504,216
	Polski Koncern Naftowy Orlen SA		1,850,376		39,906,813
	Santander Bank Polska SA		2,475		230,221
	Stalexport Autostrady SA		189,773		189,601
*	Tauron Polska Energia SA		7,008,234		5,779,790

TOTAL POLAND					115,707,174

QATAR — (0.3%)
	Aamal Co.		5,690,904		1,705,810
	Al Khaleej Takaful Group QSC		629,100		779,735
	Al Khalij Commercial Bank PQSC		633,121		389,506
	Alijarah Holding Co. QPSC		1,862,841		530,169
	Baladna		2,407,422		1,062,379
	Barwa Real Estate Co.		3,863,655		3,349,839

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
QATAR — (Continued)
	Commercial Bank PSQC		2,700,139	$	4,540,035
	Doha Bank QPSC		2,167,920		1,715,817
	Doha Insurance Co. QSC		34,356		18,344
*	Gulf International Services QSC		4,508,235		2,280,656
	Gulf Warehousing Co.		579,952		780,310
	Industries Qatar QSC		402,910		1,755,582
*	Investment Holding Group		2,117,901		805,283
	Mannai Corp. QSC		42,393		56,157
	Mazaya Real Estate Development QPSC		4,065,793		1,164,486
	Mesaieed Petrochemical Holding Co.		4,580,158		3,026,010
	Ooredoo QPSC		2,740,717		5,218,329
	Qatar Fuel QSC		352,837		1,782,432
*	Qatar Insurance Co. SAQ		1,583,791		1,068,944
	Qatar National Cement Co. QSC		354,384		492,019
	Qatar Navigation QSC		429,957		897,357
*	Salam International Investment Ltd. QSC		4,845,436		1,268,012
	United Development Co. QSC		7,639,216		3,265,930
	Vodafone Qatar QSC		5,496,029		2,445,845
	Widam Food Co.		142,061		159,285

TOTAL QATAR					40,558,271

RUSSIA — (1.8%)
	Etalon Group PLC, GDR		88,415		138,989
	Gazprom PJSC, Sponsored ADR		10,367,186		101,731,786
	Gazprom PJSC, Sponsored ADR		18,140		178,679
	Lukoil PJSC, Sponsored ADR		1,075,422		109,618,672
	Magnitogorsk Iron & Steel Works PJSC, GDR		26,642		324,910
	Rosneft Oil Co. PJSC, GDR		1,733,767		15,447,864
	RusHydro PJSC, ADR		4,679,167		5,119,411
	VTB Bank PJSC, GDR		5,566,616		8,104,993

TOTAL RUSSIA					240,665,304

SAUDI ARABIA — (2.9%)
	Al Babtain Power & Telecommunication Co.		154,490		1,523,862
*	Al Etihad Cooperative Insurance Co.		96,130		565,108
*	Al Jouf Cement Co.		608,319		1,946,144
	Al Khaleej Training & Education Co.		157,685		1,169,662
	Alinma Bank		4,600,379		30,887,663
*	AlJazira Takaful Ta’awuni Co.		110,855		817,352
	Arab National Bank		1,495,792		9,190,127
	Arabian Cement Co.		369,710		3,846,733
*	Arabian Shield Cooperative Insurance Co.		63,009		409,261
	Arriyadh Development Co.		201,350		1,428,774
*	Aseer Trading Tourism & Manufacturing Co.		54,499		331,240
	Astra Industrial Group		208,369		2,398,474
*	AXA Cooperative Insurance Co.		26,172		253,309
	Bank Al-Jazira		1,651,367		8,465,295
	Banque Saudi Fransi		1,170,655		13,176,734
*	Basic Chemical Industries Ltd.		78,332		987,495
*	Buruj Cooperative Insurance Co.		9,573		66,510
	City Cement Co.		460,609		2,974,402
*	Dar Al Arkan Real Estate Development Co.		1,990,695		5,253,978
*	Dur Hospitality Co.		316,162		3,013,493
	Eastern Province Cement Co.		281,927		3,603,799
*	Emaar Economic City		1,762,923		5,963,072
	Etihad Etisalat Co.		1,958,085		15,786,518
	Hail Cement Co.		363,748		1,433,501
*	L’Azurde Co. for Jewelry		17,564		103,851

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SAUDI ARABIA — (Continued)
*	Middle East Healthcare Co.		176,626	$	1,751,242
*	Middle East Paper Co.		173,053		2,135,250
*	Mobile Telecommunications Co. Saudi Arabia		1,839,162		6,657,089
	Najran Cement Co.		608,408		3,062,609
*	National Co. for Glass Manufacturing		84,751		835,855
*	National Industrialization Co.		1,248,571		8,310,561
	Northern Region Cement Co.		762,631		3,025,016
	Riyad Bank		3,615,679		28,465,458
	Sahara International Petrochemical Co.		1,691,932		19,868,528
*	Saudi Arabian Cooperative Insurance Co.		12,606		75,004
*	Saudi Arabian Mining Co.		676,008		14,738,626
	Saudi Basic Industries Corp.		2,016,628		69,505,998
	Saudi British Bank		2,579,084		22,792,059
	Saudi Ceramic Co.		45,710		663,490
	Saudi Chemical Co. Holding		280,722		2,838,268
	Saudi Industrial Investment Group		663,836		6,709,710
	Saudi Investment Bank		537,224		2,583,063
*	Saudi Kayan Petrochemical Co.		3,601,259		19,604,158
	Saudi National Bank		2,441,717		42,863,591
*	Saudi Re for Cooperative Reinsurance Co.		209,860		1,069,404
	Savola Group		36,261		353,725
*	Seera Group Holding		850,351		5,246,921
*	Tabuk Cement Co.		339,247		1,720,592
	Umm Al-Qura Cement Co.		147,572		1,044,351
*	Walaa Cooperative Insurance Co.		152,249		887,787
*	Yamama Cement Co.		733,143		5,414,140
	Yanbu Cement Co.		250,091		2,558,241
*	Zamil Industrial Investment Co.		177,346		1,676,644

TOTAL SAUDI ARABIA					392,053,737

SOUTH AFRICA — (3.9%)
	Absa Group Ltd.		2,897,453		26,504,781
	Adcock Ingram Holdings Ltd.		38,356		122,688
	Advtech Ltd.		99,684		125,215
	AECI Ltd.		1,064,965		7,907,170
	African Rainbow Minerals Ltd.		563,604		7,525,275
	Alexander Forbes Group Holdings Ltd.		5,708,639		1,636,660
	Altron Ltd., Class A		134,145		96,334
	Alviva Holdings Ltd.		641,511		625,406
#	AngloGold Ashanti Ltd., Sponsored ADR		1,374,436		25,399,577
	Aspen Pharmacare Holdings Ltd.		1,503,087		23,879,046
	Astral Foods Ltd.		139,390		1,612,120
	Barloworld Ltd.		1,558,940		13,092,125
	Bidvest Group Ltd.		26,151		327,442
*	Blue Label Telecoms Ltd.		2,854,170		1,036,198
# *	Brait PLC		5,322,564		1,484,560
	Caxton & CTP Publishers & Printers Ltd.		1,280,784		744,896
	DataTec Ltd.		3,395,574		9,246,198
# *	Discovery Ltd.		525,488		4,820,968
	DRDGOLD Ltd.		1,124,510		998,563
	Exxaro Resources Ltd.		1,038,924		11,397,840
*	Foschini Group Ltd.		74,521		631,969
	Gold Fields Ltd., Sponsored ADR		3,473,912		32,237,903
*	Grindrod Ltd.		1,937,400		646,643
# *	Grindrod Shipping Holdings Ltd.		67,963		976,561
	Harmony Gold Mining Co. Ltd.		1,224,659		4,395,411
	Hudaco Industries Ltd.		160,964		1,447,705
#	Impala Platinum Holdings Ltd.		3,660,330		47,373,273
	Imperial Logistics Ltd.		1,234,961		5,043,653

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH AFRICA — (Continued)
	Investec Ltd.		1,205,052	$	5,548,156
	KAP Industrial Holdings Ltd.		8,126,436		2,500,766
	Lewis Group Ltd.		831,398		2,355,530
*	Liberty Holdings Ltd.		822,035		4,853,665
*	Life Healthcare Group Holdings Ltd.		3,082,381		4,881,196
*	Long4Life Ltd.		1,383,403		542,813
	Merafe Resources Ltd.		7,498,397		564,620
	Metair Investments Ltd.		1,142,050		2,166,834
	Momentum Metropolitan Holdings		6,169,743		7,922,915
	Motus Holdings Ltd.		300,269		2,003,473
*	Mpact Ltd.		1,853,981		4,129,874
*	MTN Group Ltd.		10,241,812		91,839,637
*	Murray & Roberts Holdings Ltd.		5,054,389		4,631,761
	Nedbank Group Ltd.		1,386,974		15,804,622
	Ninety One Ltd.		855,117		2,952,851
	Oceana Group Ltd.		127,899		511,762
#	Old Mutual Ltd.		17,256,455		17,627,551
#	Omnia Holdings Ltd.		1,243,158		5,143,605
# * W	Pepkor Holdings Ltd.		1,482,624		2,337,718
*	PPC Ltd.		10,395,993		3,626,621
	PSG Group Ltd.		13,550		67,889
	Raubex Group Ltd.		1,345,968		2,877,497
	RCL Foods Ltd.		159,113		134,051
	Reunert Ltd.		1,092,215		3,608,299
	RFG Holdings Ltd.		23,326		18,992
#	Royal Bafokeng Platinum Ltd.		591,722		4,238,991
	Sanlam Ltd.		116,111		476,928
# *	Sappi Ltd.		3,445,017		10,582,386
*	Sasol Ltd.		1,976,907		33,204,068
	Sibanye Stillwater Ltd.		1,447,583		5,066,179
	Standard Bank Group Ltd.		5,188,666		45,978,959
# *	Steinhoff International Holdings NV		4,384,451		690,367
	Super Group Ltd.		2,904,734		6,077,153
*	Telkom SA SOC Ltd.		1,676,467		5,579,172
	Tiger Brands Ltd.		14,459		183,037
*	Tongaat Hulett Pvt Ltd.		477,823		225,891
*	Trencor Ltd.		1,135,741		321,894
*	Tsogo Sun Gaming Ltd.		1,713,438		1,382,642
	Wilson Bayly Holmes-Ovcon Ltd.		328,383		2,283,054

TOTAL SOUTH AFRICA					536,279,599

SOUTH KOREA — (13.3%)
	ABco Electronics Co. Ltd.		13,699		133,321
	Aekyung Petrochemical Co. Ltd.		73,470		848,335
	Ahn-Gook Pharmaceutical Co. Ltd.		14,137		125,274
	AJ Networks Co. Ltd.		69,115		331,720
*	Ajin Industrial Co. Ltd.		210,783		639,586
	AK Holdings, Inc.		29,750		676,178
	AMOREPACIFIC Group		20,330		865,297
*	Aprogen pharmaceuticals, Inc.		807,824		707,221
*	Asia Business Daily Co. Ltd.		11,337		37,908
#	Asia Cement Co. Ltd.		10,339		1,210,452
	ASIA Holdings Co. Ltd.		5,694		608,194
	Asia Paper Manufacturing Co. Ltd.		27,225		1,069,912
*	AUK Corp.		137,335		382,041
	Aurora World Corp.		19,282		170,237
	Austem Co. Ltd.		139,331		339,437
#	Autech Corp.		10,937		102,353
	Avaco Co. Ltd.		53,567		474,094

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	Barunson Entertainment & Arts Corp.		76,043	$	113,192
	Bcworld Pharm Co. Ltd.		4,341		63,173
	BGF Co. Ltd.		206,500		982,534
*	BHI Co. Ltd.		9,905		42,579
	Binggrae Co. Ltd.		15,005		715,479
*	BioSmart Co. Ltd.		54,215		251,653
	Bixolon Co. Ltd.		27,536		131,619
*	Bluecom Co. Ltd.		63,344		512,307
	BNK Financial Group, Inc.		1,040,137		7,841,623
	Bookook Securities Co. Ltd.		20,358		429,255
	BYC Co. Ltd.		752		280,833
#	Byucksan Corp.		266,300		835,518
*	Capro Corp.		203,349		722,512
*	Charm Engineering Co. Ltd.		75,503		81,424
	Chinyang Holdings Corp.		83,349		230,262
	Chongkundang Holdings Corp.		8,017		562,459
*	CHOROKBAEM Co Co. Ltd.		149,335		196,708
	Chosun Refractories Co. Ltd.		8,873		668,754
#	CJ CheilJedang Corp.		49,964		16,238,483
#	CJ Corp.		94,577		7,775,689
	CJ ENM Co. Ltd.		16,763		2,535,430
*	CJ Logistics Corp.		16,185		1,967,949
*	Cloud Air Co. Ltd.		53,283		80,313
*	CODI-M Co. Ltd.		970,980		206,168
	Com2uSCorp		5,068		558,331
*	Comtec Systems Co. Ltd.		330,288		263,104
	Cosmax BTI, Inc.		16,614		248,220
*	Cosmecca Korea Co. Ltd.		11,799		150,814
	Coweaver Co. Ltd.		16,593		113,456
	Crown Confectionery Co. Ltd.		11,579		102,164
	CROWNHAITAI Holdings Co. Ltd.		35,198		267,226
	Cuckoo Holdings Co. Ltd.		1,955		37,746
	Cymechs, Inc.		3,124		43,864
	D.I Corp.		59,363		402,540
	Dae Han Flour Mills Co. Ltd.		5,781		812,193
	Dae Hyun Co. Ltd.		170,764		420,589
	Dae Won Kang Up Co. Ltd.		215,821		779,220
*	Dae Yu Co. Ltd.		3,600		19,141
	Daebongls Co. Ltd.		4,061		30,373
# *	Daechang Co. Ltd.		318,178		555,145
	Daechang Forging Co. Ltd.		25,625		166,870
#	Daedong Corp.		106,769		897,783
	Daeduck Co. Ltd.		62,504		392,511
	Daeduck Electronics Co. Ltd.		179,378		2,643,114
	Daehan Steel Co. Ltd.		74,722		1,190,293
	Daejung Chemicals & Metals Co. Ltd.		2,193		41,307
	Daekyo Co. Ltd.		71,052		263,816
	Daelim B&Co Co. Ltd.		7,997		47,987
	Daesang Corp.		146,487		2,996,812
	Daesang Holdings Co. Ltd.		83,742		718,395
*	Daesung Fine Tech Co. Ltd.		21,216		40,304
	Daesung Holdings Co. Ltd.		8,931		338,517
	Daewon San Up Co. Ltd.		61,406		349,184
*	Daewoo Engineering & Construction Co. Ltd.		1,087,536		5,822,577
# *	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		319,791		7,102,873
*	Dahaam E-Tec Co. Ltd.		3,535		146,718
	Daihan Pharmaceutical Co. Ltd.		12,480		323,165
	Daishin Securities Co. Ltd.		178,438		3,187,036
	Daou Data Corp.		88,252		1,026,266

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Daou Technology, Inc.		156,639	$	3,133,785
*	Dayou Automotive Seat Technology Co. Ltd.		54,169		83,316
	DB Financial Investment Co. Ltd.		192,414		1,167,194
	DB Insurance Co. Ltd.		293,336		14,907,261
*	DB, Inc.		197,479		173,102
	DCM Corp.		2,961		56,817
#	Deutsch Motors, Inc.		67,324		438,731
*	Development Advance Solution Co. Ltd.		63,090		279,262
	DGB Financial Group, Inc.		1,071,021		9,490,129
	DHP Korea Co. Ltd.		21,387		128,019
	DI Dong Il Corp.		5,500		1,352,934
	Display Tech Co. Ltd.		34,003		265,792
	DL Construction Co. Ltd.		6,643		167,809
*	DL E&C Co. Ltd.		119,161		13,796,140
	DL Holdings Co. Ltd.		95,046		5,358,800
	DMS Co. Ltd.		58,689		323,266
	Dohwa Engineering Co. Ltd.		4,051		27,488
	Dong A Eltek Co. Ltd.		36,986		342,311
	Dong-A Socio Holdings Co. Ltd.		5,046		457,202
	Dong-A ST Co. Ltd.		9,293		580,010
	Dong-Ah Geological Engineering Co. Ltd.		30,571		483,714
	Dongbu Corp.		36,803		475,892
#	Dongil Industries Co. Ltd.		5,430		660,446
	Dongkuk Industries Co. Ltd.		200,221		666,680
	Dongkuk Steel Mill Co. Ltd.		400,982		5,852,557
#	Dongkuk Structures & Construction Co. Ltd.		105,011		527,737
	Dongsung Chemical Co. Ltd.		159,407		789,183
	Dongwon Development Co. Ltd.		249,969		1,150,953
#	Dongwon F&B Co. Ltd.		2,928		514,510
#	Dongwon Industries Co. Ltd.		7,492		1,462,069
*	Dongwoo Farm To Table Co. Ltd.		14,971		39,255
#	Dongyang E&P, Inc.		28,974		481,511
*	Doosan Bobcat, Inc.		239,089		7,814,071
#	Doosan Co. Ltd.		41,937		3,710,532
# *	Doosan Infracore Co. Ltd.		461,007		4,149,538
	DoubleUGames Co. Ltd.		24,305		1,335,957
	DRB Holding Co. Ltd.		32,057		152,656
	DTR Automotive Corp.		25,146		1,251,691
*	Duksan Hi-Metal Co. Ltd.		12,725		149,355
	DY Corp.		99,543		468,377
	DY POWER Corp.		23,114		252,452
	Eagon Industrial Ltd.		37,684		459,159
#	Easy Holdings Co. Ltd.		310,378		1,193,085
*	EcoBio Holdings Co. Ltd.		3,536		26,980
	e-LITECOM Co. Ltd.		12,362		86,748
	E-MART, Inc.		75,843		10,917,758
	ENF Technology Co. Ltd.		6,907		171,385
	Estechpharma Co. Ltd.		22,481		202,693
#	Eugene Corp.		285,673		1,238,991
	Eugene Investment & Securities Co. Ltd.		397,054		1,294,581
	Eusu Holdings Co. Ltd.		64,565		329,673
*	E-World		82,123		171,810
	Exicon Co. Ltd.		4,859		58,098
	Farmsco		43,103		224,556
	FarmStory Co. Ltd.		149,369		347,921
	Fursys, Inc.		20,360		680,088
	Gaon Cable Co. Ltd.		15,461		376,197
*	Gemvaxlink Co. Ltd.		117,017		161,020
	Geumhwa PSC Co. Ltd.		976		27,366

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	GMB Korea Corp.		48,932	$	271,047
# *	GNCO Co. Ltd.		157,201		112,249
#	Golfzon Newdin Holdings Co. Ltd.		129,412		961,609
	GS Engineering & Construction Corp.		387,399		13,746,425
*	GS Global Corp.		296,677		656,351
	GS Holdings Corp.		288,772		10,457,731
	GS Retail Co. Ltd.		43,158		1,191,538
	Gwangju Shinsegae Co. Ltd.		3,803		629,834
	Haitai Confectionery & Foods Co. Ltd.		12,558		89,637
	Halla Corp.		142,882		690,940
	Halla Holdings Corp.		41,387		1,807,748
	Han Kuk Carbon Co. Ltd.		48,941		527,500
	Hana Financial Group, Inc.		1,405,990		54,214,720
	Hana Pharm Co. Ltd.		4,076		71,767
	HanChang Paper Co. Ltd.		21,637		38,030
	Handok, Inc.		14,535		294,915
	Handsome Co. Ltd.		90,119		3,256,227
	Hanil Holdings Co. Ltd.		76,457		914,297
	Hanjin Transportation Co. Ltd.		53,218		1,583,856
	Hankook Tire & Technology Co. Ltd.		447,631		15,860,169
	HanmiGlobal Co. Ltd.		3,947		36,137
	Hanshin Construction		50,121		817,750
	Hanshin Machinery Co.		16,044		59,606
	Hansol Holdings Co. Ltd.		188,105		610,608
*	Hansol HomeDeco Co. Ltd.		394,971		679,466
	Hansol Paper Co. Ltd.		111,442		1,376,559
*	Hansol Technics Co. Ltd.		170,134		986,475
	Hanwha Aerospace Co. Ltd.		185,488		7,164,385
	Hanwha Corp.		231,796		6,672,680
*	Hanwha General Insurance Co. Ltd.		368,354		1,427,057
*	Hanwha Investment & Securities Co. Ltd.		614,846		2,921,391
	Hanwha Life Insurance Co. Ltd.		1,750,642		5,216,457
*	Hanwha Solutions Corp.		487,471		17,101,844
	Hanyang Eng Co. Ltd.		61,244		807,136
	Hanyang Securities Co. Ltd.		52,372		798,262
*	Harim Co. Ltd.		120,041		296,052
#	Harim Holdings Co. Ltd.		234,789		1,947,540
	HDC Hyundai Engineering Plastics Co. Ltd.		71,923		362,591
*	Heungkuk Fire & Marine Insurance Co. Ltd.		81,716		271,532
	High Tech Pharm Co. Ltd.		8,554		118,649
	HIMS Co. Ltd.		2,255		17,610
	Hitejinro Holdings Co. Ltd.		41,974		535,163
#	Huchems Fine Chemical Corp.		76,301		1,729,375
*	Humax Co. Ltd.		96,847		420,629
*	Huneed Technologies		54,858		333,527
	Huons Global Co. Ltd.		14,883		629,348
#	Huvis Corp.		107,479		899,326
	Huvitz Co. Ltd.		10,898		80,904
	Hwa Shin Co. Ltd.		125,321		1,032,354
	Hwacheon Machine Tool Co. Ltd.		6,607		207,165
	Hwangkum Steel & Technology Co. Ltd.		50,980		395,621
	Hwaseung Corp. Co. Ltd.		154,342		372,412
*	Hwaseung R&A Co. Ltd.		19,783		103,491
	HwaSung Industrial Co. Ltd.		51,572		591,499
	Hy-Lok Corp.		47,174		765,277
	Hyosung Corp.		34,661		3,068,783
	Hyundai BNG Steel Co. Ltd.		64,726		927,649
*	Hyundai Construction Equipment Co. Ltd.		80,573		2,788,832
	Hyundai Corp.		45,004		710,309

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Hyundai Corp. Holdings, Inc.		31,933	$	354,725
	Hyundai Department Store Co. Ltd.		81,362		5,777,039
*	Hyundai Electric & Energy System Co. Ltd.		30,010		570,085
	Hyundai Engineering & Construction Co. Ltd.		269,031		11,630,250
	Hyundai Futurenet Co. Ltd.		253,369		1,020,765
	Hyundai Glovis Co. Ltd.		20,021		2,883,227
	Hyundai Greenfood Co. Ltd.		278,992		2,319,673
	Hyundai Heavy Industries Holdings Co. Ltd.		164,915		8,940,805
	Hyundai Home Shopping Network Corp.		37,455		2,248,333
	Hyundai Livart Furniture Co. Ltd.		66,327		901,454
	Hyundai Marine & Fire Insurance Co. Ltd.		362,292		8,147,832
*	Hyundai Mipo Dockyard Co. Ltd.		78,758		5,122,012
	Hyundai Mobis Co. Ltd.		210,611		45,527,571
	Hyundai Motor Co.		370,785		66,316,913
#	Hyundai Motor Securities Co. Ltd.		115,174		1,251,138
	Hyundai Steel Co.		330,237		12,622,563
	Hyundai Wia Corp.		58,341		4,213,143
	ICD Co. Ltd.		19,844		212,855
	IDIS Holdings Co. Ltd.		25,924		284,567
*	Il Dong Pharmaceutical Co. Ltd.		27,741		334,575
	Iljin Electric Co. Ltd.		91,487		449,125
	Iljin Holdings Co. Ltd.		91,947		528,251
#	Ilshin Spinning Co. Ltd.		8,448		828,307
#	Ilsung Pharmaceuticals Co. Ltd.		5,843		387,818
	iMarketKorea, Inc.		88,543		833,522
	Industrial Bank of Korea		1,245,640		11,789,518
	INITECH Co. Ltd.		31,597		163,408
*	INNO Instrument, Inc.		52,863		97,524
#	Innocean Worldwide, Inc.		16,272		819,097
	INTOPS Co. Ltd.		78,041		1,556,615
	Inzi Controls Co. Ltd.		4,320		62,486
	INZI Display Co. Ltd.		114,878		332,803
#	IS Dongseo Co. Ltd.		62,443		2,421,200
	It’s Hanbul Co. Ltd.		13,449		248,402
*	Jahwa Electronics Co. Ltd.		64,718		1,036,878
	JB Financial Group Co. Ltd.		687,824		5,228,833
	JC Hyun System, Inc.		42,385		234,765
# *	JNTC Co. Ltd.		45,564		322,144
	JVM Co. Ltd.		2,615		35,929
	Kangnam Jevisco Co. Ltd.		19,813		424,349
	KAON Media Co. Ltd.		61,724		873,158
#	KB Financial Group, Inc., ADR		2,468,636		118,667,332
	KC Co. Ltd.		40,765		799,670
	KC Green Holdings Co. Ltd.		76,623		337,278
	KC Tech Co. Ltd.		9,689		186,778
	KCC Corp.		16,696		4,773,278
	KCC Engineering & Construction Co. Ltd.		46,480		398,091
	KCC Glass Corp.		81,947		4,231,277
	KCTC		7,171		39,853
	KG Chemical Corp.		3,173		92,393
	Kginicis Co. Ltd.		37,918		606,251
	KGMobilians Co. Ltd.		28,155		221,872
*	KH Electron Co. Ltd.		179,620		119,477
	Kia Corp.		939,529		68,559,621
	KISCO Corp.		112,861		869,021
	KISCO Holdings Co. Ltd.		48,131		754,469
	KISWIRE Ltd.		65,649		1,547,622
#	KIWOOM Securities Co. Ltd.		89,433		8,062,524
	KleanNara Co. Ltd.		22,675		87,342

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	KMH Hitech Co. Ltd.		81,334	$	114,802
	Kolmar Korea Holdings Co. Ltd.		24,627		486,850
	Kolon Corp.		42,261		1,283,041
	Kolon Global Corp.		41,349		923,147
	Kolon Industries, Inc.		116,904		8,944,961
	Komelon Corp.		29,152		303,008
	Kopla Co. Ltd.		9,387		69,983
#	Korea Alcohol Industrial Co. Ltd.		90,447		1,078,327
	Korea Arlico Pharm Co. Ltd.		24,783		163,431
	Korea Asset In Trust Co. Ltd.		256,587		970,879
*	Korea Circuit Co. Ltd.		68,745		929,757
	Korea Electric Terminal Co. Ltd.		37,721		2,441,013
	Korea Export Packaging Industrial Co. Ltd.		1,813		39,987
	Korea Flange Co. Ltd.		159,881		398,184
	Korea Industrial Co. Ltd.		40,619		116,555
	Korea Investment Holdings Co. Ltd.		249,251		18,641,815
*	Korea Line Corp.		871,544		2,111,580
#	Korea Petrochemical Ind Co. Ltd.		21,875		3,477,144
	Korea Petroleum Industries Co.		5,904		65,256
	Korea Real Estate Investment & Trust Co. Ltd.		856,608		1,718,121
# *	Korea Shipbuilding & Offshore Engineering Co. Ltd.		133,872		11,836,257
	Korea Zinc Co. Ltd.		4,684		2,156,606
*	Korean Air Lines Co. Ltd.		139,815		3,645,319
	Korean Drug Co. Ltd.		15,186		119,451
	Korean Reinsurance Co.		503,654		4,170,741
	Kortek Corp.		54,034		509,082
	KPX Chemical Co. Ltd.		12,798		632,907
	KSS LINE Ltd.		92,398		943,064
	KT Skylife Co. Ltd.		150,103		1,302,574
	KT&G Corp.		276,885		19,232,084
#	KTB Investment & Securities Co. Ltd.		306,964		1,733,826
#	KTCS Corp.		168,949		386,497
	Ktis Corp.		166,666		362,903
	Kukdo Chemical Co. Ltd.		18,340		1,050,651
	Kukdong Oil & Chemicals Co. Ltd.		26,930		99,845
#	Kumho Petrochemical Co. Ltd.		20,845		3,067,076
*	Kumho Tire Co., Inc.		476,127		2,176,964
	KUMHOE&C Co. Ltd.		7,074		73,120
	Kumkang Kind Co. Ltd.		96,105		648,512
	Kwang Dong Pharmaceutical Co. Ltd.		62,984		419,133
#	Kyeryong Construction Industrial Co. Ltd.		46,338		1,422,954
	Kyobo Securities Co. Ltd.		112,582		848,043
#	Kyungbang Co. Ltd.		61,163		697,282
	Kyung-In Synthetic Corp.		6,399		38,497
#	LEADCORP, Inc.		104,366		894,539
	Lee Ku Industrial Co. Ltd.		13,826		46,101
	LF Corp.		130,753		2,049,019
	LG Corp.		316,955		24,778,748
# *	LG Display Co. Ltd., ADR.		3,173,356		26,497,523
	LG Electronics, Inc.		571,652		59,139,613
	LG HelloVision Co. Ltd.		143,379		849,991
	LG Uplus Corp.		1,364,297		16,790,616
	LMS Co. Ltd.		28,495		272,894
	LOT Vacuum Co. Ltd.		7,972		99,647
	Lotte Chemical Corp.		62,647		12,049,617
	Lotte Chilsung Beverage Co. Ltd.		21,352		2,666,094
	Lotte Confectionery Co. Ltd.		537		59,273
	Lotte Corp.		93,211		2,610,828
*	Lotte Data Communication Co.		8,187		268,884

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
#	LOTTE Fine Chemical Co. Ltd.		92,873	$	6,780,460
	Lotte Food Co. Ltd.		1,976		645,777
#	LOTTE Himart Co. Ltd.		65,598		1,559,097
# *	Lotte Non-Life Insurance Co. Ltd.		475,815		750,069
#	Lotte Shopping Co. Ltd.		44,648		4,018,473
	LS Corp.		91,063		4,882,310
	LS Electric Co. Ltd.		5,655		286,204
*	Lumens Co. Ltd.		231,495		197,193
*	LVMC Holdings		274,553		788,238
#	LX Hausys Ltd.		40,763		2,430,585
# *	LX Holdings Corp.		153,703		1,165,207
#	LX International Corp.		182,931		4,264,052
#	Maeil Dairies Co. Ltd.		6,841		412,892
	Maeil Holdings Co. Ltd.		11,288		95,805
	MAKUS, Inc.		19,446		126,582
# *	Mando Corp.		65,966		3,540,796
#	MegaStudy Co. Ltd.		43,791		519,921
	Meritz Financial Group, Inc.		238,609		6,824,993
	Meritz Fire & Marine Insurance Co. Ltd.		62,765		1,491,907
	Meritz Securities Co. Ltd.		1,882,325		7,521,544
	Mi Chang Oil Industrial Co. Ltd.		4,014		272,640
	Mirae Asset Life Insurance Co. Ltd.		396,195		1,449,293
	Mirae Asset Securities Co. Ltd.		1,759,061		13,123,551
#	MK Electron Co. Ltd.		88,121		1,422,407
*	MNTech Co. Ltd.		121,454		435,283
# *	Mobase Co. Ltd.		21,024		62,852
*	Mobase Electronics Co. Ltd.		16,407		30,918
	Moonbae Steel Co. Ltd.		8,945		33,677
	Moorim P&P Co. Ltd.		147,520		565,909
	Moorim Paper Co. Ltd.		140,508		329,911
#	Motonic Corp.		51,452		490,704
	Muhak Co. Ltd.		71,854		598,818
#	Nam Hwa Construction Co. Ltd.		23,163		183,783
	Namhae Chemical Corp.		8,933		102,708
	Namyang Dairy Products Co. Ltd.		2,206		865,502
*	Neowiz		46,369		1,045,963
# *	Neowiz Holdings Corp.		26,025		1,118,468
	Nexen Corp.		134,544		578,904
#	Nexen Tire Corp.		235,147		1,524,506
	NH Investment & Securities Co. Ltd.		653,039		7,375,911
*	NHN Corp.		55,553		3,806,449
	NI Steel Co. Ltd.		8,824		30,675
	NICE Holdings Co. Ltd.		15,181		219,796
	Nice Information & Telecommunication, Inc.		8,695		250,902
	NICE Total Cash Management Co. Ltd.		7,446		35,431
*	NK Co. Ltd.		25,998		25,117
	Nong Shim Holdings Co. Ltd.		11,334		750,158
	Nong Woo Bio Co. Ltd.		21,556		219,225
	NongShim Co. Ltd.		18,600		4,510,002
#	NOROO Paint & Coatings Co. Ltd.		66,016		589,065
	NPC		116,690		636,542
	NS Shopping Co. Ltd.		74,291		884,863
*	OCI Co. Ltd.		72,519		8,034,626
	Okong Corp.		4,362		16,453
	Opto Device Technology Co. Ltd.		44,813		266,078
	Orion Holdings Corp.		144,080		1,975,332
*	Osung Advanced Materials Co. Ltd.		167,534		380,130
	Ottogi Corp.		2,062		849,393
#	Paik Kwang Industrial Co. Ltd.		197,762		954,788

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
#	Pan Ocean Co. Ltd.		1,250,644	$	6,471,323
	Pang Rim Co. Ltd.		14,177		32,932
*	Pan-Pacific Co. Ltd.		113,324		264,399
# *	Paradise Co. Ltd.		10,185		151,883
	Partron Co. Ltd.		79,624		639,408
	PJ Electronics Co. Ltd.		10,236		81,413
#	Poongsan Corp.		117,956		3,342,038
#	Poongsan Holdings Corp.		28,395		693,097
	POSCO, Sponsored ADR		903,713		57,168,884
	POSCO		68,120		17,277,387
#	Posco International Corp.		306,356		5,708,096
*	Power Logics Co. Ltd.		92,739		627,716
	Protec Co. Ltd.		2,987		68,976
	Pulmuone Co. Ltd.		28,387		414,779
#	Pyeong Hwa Automotive Co. Ltd.		58,942		560,059
	Rayence Co. Ltd.		15,304		172,433
*	RFTech Co. Ltd.		21,344		107,912
	Sajo Industries Co. Ltd.		15,401		629,604
	Sajodaerim Corp.		8,739		208,313
*	Sajodongaone Co. Ltd.		161,899		176,519
	Sam Young Electronics Co. Ltd.		68,491		708,066
	Sambo Corrugated Board Co. Ltd.		31,268		385,608
*	Sambo Motors Co. Ltd.		66,691		370,932
#	Samho Development Co. Ltd.		108,856		474,097
	SAMHWA Paints Industrial Co. Ltd.		68,665		590,750
	Samick Musical Instruments Co. Ltd.		327,670		510,701
	Samick THK Co. Ltd.		4,386		44,944
	Samji Electronics Co. Ltd.		13,939		146,052
	Samjin LND Co. Ltd.		82,899		296,922
#	Samjin Pharmaceutical Co. Ltd.		14,635		322,513
*	Sammok S-Form Co. Ltd.		31,510		436,009
#	SAMPYO Cement Co. Ltd.		206,101		881,023
	Samsung C&T Corp.		270,688		26,503,975
	Samsung Card Co. Ltd.		120,114		3,526,766
	Samsung Electronics Co. Ltd.		1,978,003		118,429,200
	Samsung Electronics Co. Ltd., GDR		680		1,015,240
	Samsung Fire & Marine Insurance Co. Ltd.		120,085		23,803,553
# *	Samsung Heavy Industries Co. Ltd.		2,172,181		11,870,552
	Samsung Life Insurance Co. Ltd.		247,039		14,290,270
	Samsung Securities Co. Ltd.		310,841		12,636,772
	SAMT Co. Ltd.		20,625		92,727
#	Samyang Corp.		21,134		1,236,605
	Samyang Holdings Corp.		22,438		1,977,978
	Samyang Packaging Corp.		1,251		28,280
	Samyang Tongsang Co. Ltd.		7,531		411,507
*	Sangsangin Co. Ltd.		73,576		563,904
	SAVEZONE I&C Corp.		83,806		228,955
*	SBS Media Holdings Co. Ltd.		163,649		289,830
	Seah Besteel Corp.		100,507		1,864,768
	SeAH Holdings Corp.		4,354		413,687
	SeAH Steel Corp.		7,619		674,663
	SeAH Steel Holdings Corp.		8,469		911,309
	Sebang Co. Ltd.		60,229		644,570
#	Sebang Global Battery Co. Ltd.		35,688		2,509,048
	Sejong Industrial Co. Ltd.		103,664		976,810
*	Sejong Telecom, Inc.		313,971		156,106
*	Sekonix Co. Ltd.		67,746		479,330
	Sempio Co.		1,814		68,345
	S-Energy Co. Ltd.		71,432		287,642

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Seohan Co. Ltd.		493,982	$	816,283
#	Seoul Semiconductor Co. Ltd.		120,431		1,542,199
# *	Seowon Co. Ltd.		103,160		189,463
	SEOWONINTECH Co. Ltd.		6,241		34,124
	Seoyon Co. Ltd.		85,555		1,151,999
	Seoyon E-Hwa Co. Ltd.		96,241		637,714
*	Sewon E&C Co. Ltd.		386,748		362,567
††	Sewon Precision Industry Co. Ltd.		1,457		1,891
	SGC e Tec E&C Co. Ltd.		7,549		449,128
#	Shindaeyang Paper Co. Ltd.		10,644		799,012
	Shinhan Financial Group Co. Ltd.		947,124		30,920,674
#	Shinhan Financial Group Co. Ltd., ADR		1,172,746		37,903,150
#	Shinsegae Engineering & Construction Co. Ltd.		15,870		518,902
	Shinsegae Food Co. Ltd.		2,444		189,239
	Shinsegae Information & Communication Co. Ltd.		664		118,138
#	Shinsegae, Inc.		34,791		7,400,466
	Shinwha Intertek Corp.		35,678		106,982
	Shinyoung Securities Co. Ltd.		25,871		1,391,673
*	Signetics Corp.		393,488		590,954
	Silla Co. Ltd.		36,116		397,192
#	SIMPAC, Inc.		127,360		860,816
*	Sindoh Co. Ltd.		26,365		743,335
	Sinil Pharm Co. Ltd.		23,668		247,936
#	SK Discovery Co. Ltd.		63,006		2,571,788
	SK Gas Ltd.		3,036		358,924
	SK Hynix, Inc.		1,675,156		147,665,948
*	SK Innovation Co. Ltd.		91,261		19,032,481
	SK Networks Co. Ltd.		844,582		3,679,073
*	SK Rent A Car Co. Ltd.		11,382		118,255
	SK Securities Co. Ltd.		2,112,180		1,777,735
	SK, Inc.		49,704		10,372,589
	SL Corp.		91,074		2,566,102
*	S-MAC Co. Ltd.		717,329		714,250
	SNT Dynamics Co. Ltd.		49,889		396,200
	SNT Holdings Co. Ltd.		36,374		553,058
	SNT Motiv Co. Ltd.		58,562		2,528,559
*	SNU Precision Co. Ltd.		34,211		102,515
*	Solborn, Inc.		27,073		122,229
	Songwon Industrial Co. Ltd.		41,113		632,371
# *	Soulbrain Holdings Co. Ltd.		14,138		529,566
	SPG Co. Ltd.		5,223		44,302
	Spigen Korea Co. Ltd.		6,891		269,826
# * ††	Ssangyong Motor Co.		336,500		299,122
	Suheung Co. Ltd.		10,944		448,175
#	Sun Kwang Co. Ltd.		27,041		1,291,201
*	SundayToz Corp.		8,746		167,196
#	Sung Kwang Bend Co. Ltd.		111,368		876,929
*	Sungchang Enterprise Holdings Ltd.		264,331		575,203
	Sungdo Engineering & Construction Co. Ltd.		52,687		248,768
#	Sungshin Cement Co. Ltd.		125,323		1,196,695
#	Sungwoo Hitech Co. Ltd.		351,238		1,817,255
	Sunjin Co. Ltd.		41,181		456,468
*	Suprema HQ, Inc.		8,097		54,120
*	Suprema, Inc.		11,129		236,785
	SurplusGlobal, Inc.		12,531		46,407
	Systems Technology, Inc.		6,395		90,008
	Tae Kyung Industrial Co. Ltd.		79,237		437,579
	Taekwang Industrial Co. Ltd.		1,637		1,401,336
	Taekyung BK Co. Ltd.		11,583		56,705

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
* ††	Taewoong Co. Ltd.		82,505	$	661,918
	Taeyoung Engineering & Construction Co. Ltd.		141,256		1,343,801
*	Theragen Etex Co. Ltd.		62,682		348,131
*	Thinkware Systems Corp.		35,459		530,607
	TK Corp.		94,555		952,016
	Tongyang Life Insurance Co. Ltd.		282,020		1,650,107
#	Tongyang, Inc.		315,577		452,828
*	Top Engineering Co. Ltd.		67,035		428,074
	Toptec Co. Ltd.		75,745		567,529
*	Tovis Co. Ltd.		73,482		535,139
#	TS Corp.		240,562		680,311
*	TY Holdings Co. Ltd.		153,478		3,574,302
*	Ubivelox, Inc.		4,443		52,556
*	UIL Co. Ltd.		40,064		92,948
	Uju Electronics Co. Ltd.		15,879		374,661
*	Unick Corp.		6,148		38,520
	Unid Co. Ltd.		34,541		3,454,079
	Uniquest Corp.		32,538		288,072
	Unitrontech Co. Ltd.		19,310		94,657
	Viatron Technologies, Inc.		18,763		166,649
	Visang Education, Inc.		48,747		352,404
*	Vivien Corp.		40,760		106,467
	Whanin Pharmaceutical Co. Ltd.		25,965		398,895
*	WillBes & Co.		332,697		540,513
	Wins Co. Ltd.		21,097		286,108
	WiSoL Co. Ltd.		71,622		636,994
# *	Wonik Holdings Co. Ltd.		245,189		1,093,809
#	Wonik Materials Co. Ltd.		12,961		362,321
	Woojin, Inc.		19,897		164,221
	Woongjin Thinkbig Co. Ltd.		66,784		191,583
	Woori Financial Group, Inc.		2,372,516		26,971,117
	Woorison F&G Co. Ltd.		126,099		250,480
	WooSung Feed Co. Ltd.		11,223		288,752
*	Woowon Development Co. Ltd.		8,436		39,037
	Y G-1 Co. Ltd.		95,992		712,032
	YAS Co. Ltd.		5,678		62,612
*	Y-entec Co. Ltd.		6,980		73,052
	Yoosung Enterprise Co. Ltd.		98,733		285,602
	Young Poong Corp.		2,294		1,346,993
	Young Poong Precision Corp.		53,659		462,334
	Youngone Corp.		123,827		4,739,484
	Youngone Holdings Co. Ltd.		26,091		1,050,397
	Yuanta Securities Korea Co. Ltd.		590,523		2,280,629
	YuHwa Securities Co. Ltd.		130,435		309,488
	Yuyu Pharma, Inc.		2,638		16,779
	Zeus Co. Ltd.		42,750		762,121

TOTAL SOUTH KOREA					1,812,250,913

TAIWAN — (16.4%)
	Abico Avy Co. Ltd.		804,364		747,353
	Ability Enterprise Co. Ltd.		1,242,330		874,013
#	AcBel Polytech, Inc.		603,000		751,533
#	Acer, Inc.		14,714,109		13,772,131
#	ACES Electronic Co. Ltd.		558,000		954,351
*	Acon Holding, Inc.		1,155,000		318,137
	Acter Group Corp. Ltd.		12,000		80,122
	Advanced International Multitech Co. Ltd.		458,000		1,304,076
# *	Advanced Optoelectronic Technology, Inc.		500,000		439,671
	AEON Motor Co. Ltd.		52,000		74,058

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Aerospace Industrial Development Corp.		296,000	$	300,340
# *	AGV Products Corp.		2,653,211		970,185
	Airmate Cayman International Co. Ltd.		50,557		35,930
#	Allis Electric Co. Ltd.		944,559		806,344
#	Alpha Networks, Inc.		1,958,086		1,902,298
#	Altek Corp.		1,407,365		1,907,607
*	Ambassador Hotel		1,492,000		1,626,091
#	AMPOC Far-East Co. Ltd.		594,000		818,548
	AmTRAN Technology Co. Ltd.		4,725,956		3,008,052
#	Apacer Technology, Inc.		578,210		904,453
#	APCB, Inc.		740,000		573,520
	Apex Biotechnology Corp.		37,000		30,529
#	Apex International Co. Ltd.		888,263		2,497,696
	Apex Medical Corp.		24,000		22,947
	Apex Science & Engineering		92,536		35,661
	Arcadyan Technology Corp.		30,000		113,471
	Ardentec Corp.		2,749,058		5,890,570
	Argosy Research, Inc.		9,000		29,741
#	ASE Technology Holding Co. Ltd.		6,934,000		24,803,031
#	Asia Cement Corp.		11,308,589		18,011,968
	Asia Electronic Material Co. Ltd.		92,000		68,428
*	Asia Pacific Telecom Co. Ltd.		5,141,204		1,520,050
# *	Asia Plastic Recycling Holding Ltd.		1,211,942		319,320
#	Asia Polymer Corp.		2,425,530		3,416,125
	Asia Tech Image, Inc.		62,000		124,727
	Asia Vital Components Co. Ltd.		1,733,984		5,181,487
#	Asustek Computer, Inc.		3,854,000		48,999,039
	Aten International Co. Ltd.		7,000		21,256
#	AU Optronics Corp., Sponsored ADR		3,887,815		26,555,720
#	AU Optronics Corp.		3,498,812		2,404,464
	Audix Corp.		399,332		819,112
	Aver Information, Inc.		14,000		25,428
#	Avermedia Technologies		109,600		107,366
	Avita Corp.		15,000		30,973
	Bank of Kaohsiung Co. Ltd.		3,027,383		1,225,859
	Basso Industry Corp.		173,000		267,850
#	BES Engineering Corp.		7,377,443		2,333,751
#	Bin Chuan Enterprise Co. Ltd.		239,000		212,253
#	Biostar Microtech International Corp.		951,055		692,261
	Bizlink Holding, Inc.		11,000		101,680
#	Bright Led Electronics Corp.		539,000		455,177
#	Browave Corp.		139,000		199,296
*	Cameo Communications, Inc.		1,053,712		509,230
#	Capital Securities Corp.		11,080,158		6,047,506
#	Career Technology MFG. Co. Ltd.		936,085		844,314
#	Carnival Industrial Corp.		806,007		391,859
	Catcher Technology Co. Ltd.		3,378,000		19,587,024
#	Cathay Chemical Works		331,000		282,632
	Cathay Financial Holding Co. Ltd.		40,739,459		84,921,085
#	Cathay Real Estate Development Co. Ltd.		3,381,694		2,371,986
	Cayman Engley Industrial Co. Ltd.		41,000		95,949
#	Celxpert Energy Corp.		419,000		700,727
#	Central Reinsurance Co. Ltd.		772,366		779,453
# *	Chain Chon Industrial Co. Ltd.		614,000		468,346
#	ChainQui Construction Development Co. Ltd.		571,393		377,544
# *	Champion Building Materials Co. Ltd.		1,323,828		511,682
	Chang Hwa Commercial Bank Ltd.		23,778,652		14,041,734
#	Channel Well Technology Co. Ltd.		457,000		669,427
	Charoen Pokphand Enterprise		96,000		276,163

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	CHC Healthcare Group		634,000	$	838,257
	CHC Resources Corp.		17,000		27,536
#	Chen Full International Co. Ltd.		281,000		416,446
	Chenbro Micom Co. Ltd.		17,000		46,026
#	Cheng Loong Corp.		4,514,659		5,530,944
# *	Cheng Mei Materials Technology Corp.		2,484,000		1,063,779
	Cheng Shin Rubber Industry Co. Ltd.		1,744,000		2,140,481
	Cheng Uei Precision Industry Co. Ltd.		2,408,635		3,348,386
#	Chenming Electronic Technology Corp.		455,000		221,105
	Chia Chang Co. Ltd.		668,000		1,120,025
#	Chia Hsin Cement Corp.		2,517,191		1,829,227
#	Chian Hsing Forging Industrial Co. Ltd.		41,000		63,328
#	Chien Kuo Construction Co. Ltd.		857,797		404,581
#	Chien Shing Harbour Service Co. Ltd.		23,000		45,688
	Chilisin Electronics Corp.		1,442,000		4,473,641
*	China Airlines Ltd.		16,031,353		9,927,070
	China Bills Finance Corp.		3,514,000		2,106,001
	China Chemical & Pharmaceutical Co. Ltd.		1,334,264		1,060,738
	China Container Terminal Corp.		23,000		21,655
	China Development Financial Holding Corp.		52,096,734		26,628,126
#	China Electric Manufacturing Corp.		1,100,432		457,169
#	China General Plastics Corp.		1,432,585		1,915,019
	China Glaze Co. Ltd.		602,799		316,188
	China Life Insurance Co. Ltd.		6,704,338		7,007,866
#	China Man-Made Fiber Corp.		7,673,014		2,807,007
	China Metal Products		1,712,969		1,972,323
	China Motor Corp.		1,289,099		3,211,331
# *	China Petrochemical Development Corp.		17,948,466		7,820,718
	China Steel Corp.		56,678,320		68,334,569
#	China Wire & Cable Co. Ltd.		463,600		451,722
#	Chinese Maritime Transport Ltd.		618,270		1,251,780
	Ching Feng Home Fashions Co. Ltd.		41,000		29,548
#	Chin-Poon Industrial Co. Ltd.		2,207,815		2,377,646
	Chipbond Technology Corp.		1,912,000		4,438,108
	ChipMOS Technologies, Inc.		3,037,085		5,050,238
#	ChipMOS Technologies, Inc., ADR		30,336		1,009,271
#	Chong Hong Construction Co. Ltd.		47,000		124,745
#	Chun YU Works & Co. Ltd.		833,000		862,260
#	Chun Yuan Steel Industry Co. Ltd.		2,324,287		1,899,402
#	Chung Hsin Electric & Machinery Manufacturing Corp.		2,519,250		3,736,610
	Chung Hung Steel Corp.		3,724,000		4,698,751
# *	Chung Hwa Chemical Industrial Works Ltd.		57,000		90,558
# *	Chung Hwa Pulp Corp.		2,158,353		1,727,601
††	Chung Shing Textile Co. Ltd.		600		0
	Chunghwa Chemical Synthesis & Biotech Co. Ltd.		35,000		82,289
	Chyang Sheng Dyeing & Finishing Co. Ltd.		167,000		83,518
	Clevo Co.		1,257,000		1,558,242
#	CMC Magnetics Corp.		5,576,638		1,771,101
#	CoAsia Electronics Corp.		311,907		145,450
#	Collins Co. Ltd.		610,224		335,434
#	Compal Electronics, Inc.		24,839,332		21,860,085
#	Compeq Manufacturing Co. Ltd.		6,781,000		9,868,066
	Compucase Enterprise		57,000		63,814
#	Concord Securities Co. Ltd.		2,085,489		888,362
	Concraft Holding Co. Ltd.		37,000		75,466
#	Continental Holdings Corp.		2,333,540		2,116,670
#	Contrel Technology Co. Ltd.		784,000		557,323
	Coretronic Corp.		2,120,800		4,389,780
# *	Coxon Precise Industrial Co. Ltd.		598,000		287,368

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	CTBC Financial Holding Co. Ltd.		97,262,073	$	81,219,569
	CTCI Corp.		175,000		229,310
	CviLux Corp.		101,000		174,343
#	CyberTAN Technology, Inc.		799,000		762,084
#	DA CIN Construction Co. Ltd.		1,842,579		2,011,806
	Darfon Electronics Corp.		266,000		399,993
*	Darwin Precisions Corp.		2,351,635		943,251
	De Licacy Industrial Co. Ltd.		98,000		54,099
# *	Delpha Construction Co. Ltd.		505,576		271,040
#	Depo Auto Parts Ind Co. Ltd.		501,000		1,013,463
††	Der Pao Construction Co. Ltd.		2,158,544		0
#	D-Link Corp.		3,293,552		2,428,978
	Dr Wu Skincare Co. Ltd.		13,000		43,943
	Drewloong Precision, Inc.		7,000		24,682
#	Dyaco International, Inc.		51,000		119,245
#	Dynamic Electronics Co. Ltd.		1,477,873		1,118,223
#	Dynapack International Technology Corp.		897,000		3,101,822
	E.Sun Financial Holding Co. Ltd.		43,627,946		41,687,469
#	Edimax Technology Co. Ltd.		1,026,902		399,266
#	Edison Opto Corp.		605,000		455,979
	Edom Technology Co. Ltd.		1,081,350		1,324,625
	Elite Advanced Laser Corp.		82,000		164,773
#	Elite Semiconductor Microelectronics Technology, Inc.		708,000		3,640,493
#	Elitegroup Computer Systems Co. Ltd.		1,974,395		1,683,281
††	ENG Electric Co. Ltd.		239,997		1,181
#	Ennoconn Corp.		40,000		265,200
*	Ennostar, Inc.		2,061,209		5,424,342
	EnTie Commercial Bank Co. Ltd.		2,417,232		1,450,984
#	Eson Precision Ind Co. Ltd.		705,000		1,696,725
	Eternal Materials Co. Ltd.		1,775,513		2,353,898
*	Eva Airways Corp.		14,688,355		9,969,130
*	Everest Textile Co. Ltd.		2,357,813		826,001
	Evergreen International Storage & Transport Corp.		2,982,000		2,912,066
	Evergreen Marine Corp. Taiwan Ltd.		830,145		2,987,427
#	Everlight Chemical Industrial Corp.		680,950		627,715
	Everlight Electronics Co. Ltd.		2,531,000		4,519,951
	Excel Cell Electronic Co. Ltd.		17,000		15,546
	Excellence Opto, Inc.		96,000		100,234
#	Excelsior Medical Co. Ltd.		520,527		1,035,583
#	EZconn Corp.		194,250		244,175
	Far Eastern Department Stores Ltd.		6,801,445		5,407,505
	Far Eastern International Bank		17,145,991		6,448,711
	Far Eastern New Century Corp.		15,415,528		16,145,387
	Farcent Enterprise Co. Ltd.		11,000		25,130
#	Farglory F T Z Investment Holding Co. Ltd.		767,648		1,394,809
#	Farglory Land Development Co. Ltd.		1,545,264		3,734,490
# *	Federal Corp.		2,187,160		2,115,667
	Feedback Technology Corp.		20,000		50,993
	First Financial Holding Co. Ltd.		39,901,303		32,851,360
#	First Hotel		890,857		463,197
#	First Insurance Co. Ltd.		1,334,064		638,070
#	First Steamship Co. Ltd.		2,908,042		1,341,503
#	FIT Holding Co. Ltd.		185,150		222,121
	FLEXium Interconnect, Inc.		258,000		893,876
	Forcecon Tech Co. Ltd.		16,000		41,452
	Forest Water Environment Engineering Co. Ltd.		21,400		26,237
#	Formosa Advanced Technologies Co. Ltd.		1,017,000		1,385,140
	Formosa Chemicals & Fibre Corp.		3,008,000		8,728,269
# *	Formosa Laboratories, Inc.		483,478		1,034,468

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Formosa Plastics Corp.		4,109,000	$	15,916,046
	Formosa Taffeta Co. Ltd.		3,218,511		3,474,693
	Formosan Rubber Group, Inc.		1,319,957		1,071,192
#	Formosan Union Chemical		2,094,843		1,537,343
	Founding Construction & Development Co. Ltd.		1,007,418		685,257
	Foxconn Technology Co. Ltd.		3,331,142		8,270,929
# *	Franbo Lines Corp.		120,057		104,286
	Froch Enterprise Co. Ltd.		1,269,734		1,300,123
#	FSP Technology, Inc.		757,292		1,104,634
	Fu Chun Shin Machinery Manufacture Co. Ltd.		53,265		33,245
#	Fubon Financial Holding Co. Ltd.		33,386,173		88,253,766
	Fulgent Sun International Holding Co. Ltd.		69,000		255,875
	Fullerton Technology Co. Ltd.		529,200		328,223
# *	Fulltech Fiber Glass Corp.		2,315,216		1,462,657
#	Fwusow Industry Co. Ltd.		1,174,043		891,030
#	G Shank Enterprise Co. Ltd.		965,902		2,311,658
#	Gamania Digital Entertainment Co. Ltd.		71,000		147,624
#	Gemtek Technology Corp.		2,013,962		1,984,475
	General Interface Solution Holding Ltd.		870,000		3,044,787
	Getac Technology Corp.		703,065		1,324,261
# *	Giantplus Technology Co. Ltd.		1,722,100		729,139
	Gigabyte Technology Co. Ltd.		332,287		1,349,322
#	Ginko International Co. Ltd.		72,000		522,601
	Global Brands Manufacture Ltd.		1,573,154		2,007,221
	Global Lighting Technologies, Inc.		13,000		37,726
#	Global View Co. Ltd.		53,000		73,796
	Globe Union Industrial Corp.		1,330,625		735,955
#	Gloria Material Technology Corp.		2,187,116		1,670,444
#	Gold Circuit Electronics Ltd.		4,617,965		11,063,031
#	Goldsun Building Materials Co. Ltd.		5,780,171		5,352,109
	Good Will Instrument Co. Ltd.		172,746		165,665
	Gourmet Master Co. Ltd.		4,000		18,878
	Grand Fortune Securities Co. Ltd.		733,767		422,398
#	Grand Ocean Retail Group Ltd.		437,000		303,049
	Grand Pacific Petrochemical		5,403,000		5,258,090
#	Great China Metal Industry		842,000		781,965
	Great Wall Enterprise Co. Ltd.		3,490,844		6,739,015
	Greatek Electronics, Inc.		49,000		140,393
* ††	Green Energy Technology, Inc.		1,424,880		3,074
#	GTM Holdings Corp.		679,900		611,779
#	Hannstar Board Corp.		3,200,488		4,806,871
#	HannStar Display Corp.		13,723,435		6,977,768
#	HannsTouch Solution, Inc.		3,452,001		1,478,289
#	Hanpin Electron Co. Ltd.		286,000		291,281
	Harvatek Corp.		974,553		877,583
	Heran Co. Ltd.		10,000		42,141
	Hey Song Corp.		1,961,500		2,466,970
	Hi-Clearance, Inc.		4,000		19,797
	Highlight Tech Corp.		30,000		45,918
#	Highwealth Construction Corp.		1,487,100		2,401,260
#	Hiroca Holdings Ltd.		368,000		646,298
#	Hitron Technology, Inc.		722,098		545,713
#	Ho Tung Chemical Corp.		5,169,475		1,936,435
#	Hocheng Corp.		1,351,300		692,743
	Hold-Key Electric Wire & Cable Co. Ltd.		49,699		25,943
	Holiday Entertainment Co. Ltd.		27,000		60,404
	Hon Hai Precision Industry Co. Ltd.		41,463,192		160,061,938
#	Hong Pu Real Estate Development Co. Ltd.		1,038,655		813,073
#	Hong TAI Electric Industrial		1,260,000		1,201,459

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Hong YI Fiber Industry Co.		798,000	$	681,546
	Horizon Securities Co. Ltd.		63,000		36,596
#	Hsing TA Cement Co.		862,614		653,785
# *	HTC Corp.		4,182,000		9,882,663
	Hu Lane Associate, Inc.		19,000		91,996
#	HUA ENG Wire & Cable Co. Ltd.		1,728,035		1,314,783
	Hua Nan Financial Holdings Co. Ltd.		28,646,507		20,976,012
	Huaku Development Co. Ltd.		793,000		2,594,030
#	Huang Hsiang Construction Corp.		691,000		907,998
#	Hung Ching Development & Construction Co. Ltd.		857,468		922,813
	Hung Sheng Construction Ltd.		2,392,269		2,076,460
	Huxen Corp.		173,281		319,201
	Hwa Fong Rubber Industrial Co. Ltd.		62,000		35,780
# *	Hwacom Systems, Inc.		270,000		205,380
	IBF Financial Holdings Co. Ltd.		13,839,288		7,916,425
#	Ichia Technologies, Inc.		1,447,260		845,550
# *	I-Chiun Precision Industry Co. Ltd.		1,151,532		2,442,822
	IEI Integration Corp.		49,200		78,418
	Infortrend Technology, Inc.		1,013,000		522,466
#	Innolux Corp.		39,166,544		23,559,885
#	Inpaq Technology Co. Ltd.		280,250		592,051
	Intai Technology Corp.		12,000		36,709
#	Integrated Service Technology, Inc.		115,570		214,911
	International CSRC Investment Holdings Co.		4,051,166		3,503,648
	Inventec Corp.		13,025,277		12,457,468
	Iron Force Industrial Co. Ltd.		24,000		60,668
	I-Sheng Electric Wire & Cable Co. Ltd.		12,000		18,354
	ITE Technology, Inc.		798,479		2,994,552
#	Jarllytec Co. Ltd.		309,000		588,391
#	Jean Co. Ltd.		271,751		113,536
	Jess-Link Products Co. Ltd.		569,500		721,008
# *	Jinli Group Holdings Ltd.		847,532		440,972
	Johnson Health Tech Co. Ltd.		17,000		35,699
#	K Laser Technology, Inc.		820,601		594,572
#	Kaimei Electronic Corp.		138,000		432,339
	Kaori Heat Treatment Co. Ltd.		11,000		19,912
#	Kaulin Manufacturing Co. Ltd.		565,656		298,517
#	KEE TAI Properties Co. Ltd.		1,804,000		851,832
	Kenda Rubber Industrial Co. Ltd.		212,000		233,486
#	Key Ware Electronics Co. Ltd.		106,678		56,970
	Kindom Development Co. Ltd.		2,310,000		3,188,881
	King Chou Marine Technology Co. Ltd.		243,100		305,005
#	King Yuan Electronics Co. Ltd.		7,082,805		10,163,042
	King’s Town Bank Co. Ltd.		5,157,012		7,700,351
*	King’s Town Construction Co. Ltd.		426,380		560,657
	Kinik Co.		29,000		78,860
# *	Kinko Optical Co. Ltd.		659,756		700,477
#	Kinpo Electronics		7,666,375		3,586,749
#	Kinsus Interconnect Technology Corp.		1,680,000		14,784,980
	Ko Ja Cayman Co. Ltd.		14,000		36,988
#	KS Terminals, Inc.		53,000		185,046
#	Kung Sing Engineering Corp.		2,554,875		788,114
	Kuo Toong International Co. Ltd.		1,275,808		984,103
	Kuo Yang Construction Co. Ltd.		51,000		44,040
#	Kwong Fong Industries Corp.		481,649		193,872
	Kwong Lung Enterprise Co. Ltd.		167,000		251,892
#	KYE Systems Corp.		1,229,909		470,257
#	L&K Engineering Co. Ltd.		849,000		892,765
*	LAN FA Textile		985,713		434,674

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Lanner Electronics, Inc.		37,000	$	66,187
	Largan Precision Co. Ltd.		75,000		5,588,939
	Laster Tech Corp. Ltd.		15,000		23,779
#	Leader Electronics, Inc.		347,056		202,905
# *	Lealea Enterprise Co. Ltd.		4,199,941		1,746,712
#	LEE CHI Enterprises Co. Ltd.		857,900		774,143
	Lelon Electronics Corp.		21,000		48,386
*	Li Cheng Enterprise Co. Ltd.		27,000		18,899
*	Li Peng Enterprise Co. Ltd.		2,733,381		1,021,080
	Lian HWA Food Corp.		57,200		136,764
#	Lida Holdings Ltd.		316,680		358,858
	Lien Hwa Industrial Holdings Corp.		1,387,815		2,786,743
# *	Lingsen Precision Industries Ltd.		2,389,480		2,171,608
	Lite-On Technology Corp.		12,950,738		28,579,432
#	Liton Technology Corp.		33,000		52,311
# *	Long Bon International Co. Ltd.		855,880		551,124
	Long Da Construction & Development Corp.		72,000		52,370
#	Longchen Paper & Packaging Co. Ltd.		4,598,304		3,985,475
	Longwell Co.		94,000		190,529
#	Lotus Pharmaceutical Co. Ltd.		93,000		314,333
	Lu Hai Holding Corp.		51,700		74,467
#	Lucky Cement Corp.		726,000		311,299
	Lung Yen Life Service Corp.		9,000		14,562
#	Macauto Industrial Co. Ltd.		65,000		190,608
#	Macronix International Co. Ltd.		10,684,605		15,117,380
	Materials Analysis Technology, Inc.		37,000		191,148
	Mayer Steel Pipe Corp.		943,456		1,027,451
#	Maywufa Co. Ltd.		182,070		126,169
	Mega Financial Holding Co. Ltd.		32,101,796		38,577,993
#	Mercuries & Associates Holding Ltd.		2,267,465		1,889,749
*	Mercuries Life Insurance Co. Ltd.		9,754,738		3,217,151
	Merry Electronics Co. Ltd.		147,074		435,102
# *	MIN AIK Technology Co. Ltd.		910,600		725,615
	Mirle Automation Corp.		80,000		120,419
#	Mitac Holdings Corp.		3,237,682		3,350,803
#	MOSA Industrial Corp.		190,000		301,210
#	MPI Corp.		378,000		1,747,167
	Nak Sealing Technologies Corp.		25,000		78,687
	Namchow Holdings Co. Ltd.		130,000		226,069
	Nan Pao Resins Chemical Co. Ltd.		9,000		45,063
#	Nan Ren Lake Leisure Amusement Co. Ltd.		608,000		335,322
	Nan Ya Plastics Corp.		4,849,000		14,880,905
	Nang Kuang Pharmaceutical Co. Ltd.		35,000		43,565
	Nanya Technology Corp.		6,919,000		16,589,848
#	New Era Electronics Co. Ltd.		168,000		136,045
*	Newmax Technology Co. Ltd.		25,000		37,064
	Nichidenbo Corp.		34,000		61,705
	Nien Hsing Textile Co. Ltd.		631,061		473,593
#	Nishoku Technology, Inc.		186,000		565,780
	Nova Technology Corp.		4,000		21,096
#	O-Bank Co. Ltd.		1,719,604		482,364
	Ocean Plastics Co. Ltd.		80,000		95,210
	OptoTech Corp.		2,215,828		3,429,163
# *	Orient Semiconductor Electronics Ltd.		1,705,670		1,526,094
#	Pacific Construction Co.		1,755,452		621,577
#	Pacific Hospital Supply Co. Ltd.		70,000		175,408
	Paiho Shih Holdings Corp.		59,000		79,673
	Pan German Universal Motors Ltd.		12,000		92,605
#	Pan Jit International, Inc.		1,211,100		4,909,693

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	Pan-International Industrial Corp.		2,265,444	$	3,311,115
	PCL Technologies, Inc.		5,000		15,171
#	Pegatron Corp.		12,587,998		30,815,912
	PharmaEngine, Inc.		13,000		27,599
# *	Phihong Technology Co. Ltd.		300,882		398,931
	Phison Electronics Corp.		4,000		56,401
	Plastron Precision Co. Ltd.		38,156		18,264
#	Plotech Co. Ltd.		545,000		486,433
	Posiflex Technology, Inc.		14,000		45,848
	Pou Chen Corp.		8,475,550		10,394,566
	President Securities Corp.		4,938,263		4,022,830
#	Primax Electronics Ltd.		282,000		523,377
	Prince Housing & Development Corp.		6,016,018		2,870,251
††	Prodisc Technology, Inc.		6,185,157		0
#	Promate Electronic Co. Ltd.		123,000		171,755
	Prosperity Dielectrics Co. Ltd.		16,000		31,304
	Qisda Corp.		9,505,171		10,619,183
	QST International Corp.		15,000		31,783
#	Qualipoly Chemical Corp.		290,593		429,726
	Quanta Computer, Inc.		2,608,000		7,327,178
	Quanta Storage, Inc.		45,000		62,745
#	Quintain Steel Co. Ltd.		1,444,473		1,060,463
	Radiant Opto-Electronics Corp.		999,000		3,500,199
	Radium Life Tech Co. Ltd.		3,777,226		1,429,265
	Rechi Precision Co. Ltd.		80,000		53,726
#	Rich Development Co. Ltd.		3,070,054		1,011,225
*	Ritek Corp.		3,952,449		1,391,835
*	Roo Hsing Co. Ltd.		478,000		145,245
*	Rotam Global Agrosciences Ltd.		90,157		72,516
	Ruentex Development Co. Ltd.		4,264,372		10,883,285
#	Ruentex Industries Ltd.		2,301,780		8,982,185
	Sampo Corp.		1,854,340		1,975,016
	San Fang Chemical Industry Co. Ltd.		23,000		17,878
#	San Far Property Ltd.		1,393,560		762,960
#	Sanyang Motor Co. Ltd.		2,660,624		2,592,758
	Scan-D Corp.		33,000		61,391
#	SCI Pharmtech, Inc.		69,600		195,282
	Sea & Land Integrated Corp.		20,600		23,264
	Senao International Co. Ltd.		33,000		37,821
	Sercomm Corp.		48,000		110,032
#	Sesoda Corp.		1,149,279		1,270,665
	Shanghai Commercial & Savings Bank Ltd.		628,000		994,540
#	Shan-Loong Transportation Co. Ltd.		436,000		552,863
#	Sharehope Medicine Co. Ltd.		179,905		175,920
#	Sheng Yu Steel Co. Ltd.		731,000		877,648
#	ShenMao Technology, Inc.		419,000		1,070,844
#	Shih Her Technologies, Inc.		260,000		675,394
*	Shih Wei Navigation Co. Ltd.		535,577		789,854
	Shihlin Electric & Engineering Corp.		3,030,000		5,699,049
	Shin Kong Financial Holding Co. Ltd.		41,055,909		14,469,599
	Shin Zu Shing Co. Ltd.		1,034,842		3,712,504
# *	Shining Building Business Co. Ltd.		1,373,368		548,084
#	Shinkong Insurance Co. Ltd.		1,273,412		2,113,285
#	Shinkong Synthetic Fibers Corp.		6,988,754		4,741,403
	ShunSin Technology Holding Ltd.		23,000		74,835
*	Shuttle, Inc.		1,819,015		771,956
	Sigurd Microelectronics Corp.		2,717,231		5,743,419
*	Silitech Technology Corp.		49,878		61,801
	Sincere Navigation Corp.		1,586,242		1,584,256

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Singatron Enterprise Co. Ltd.		35,000	$	32,379
#	Sinher Technology, Inc.		273,000		414,889
	Sinmag Equipment Corp.		13,000		50,075
	Sinon Corp.		2,451,877		2,148,188
	SinoPac Financial Holdings Co. Ltd.		42,319,595		21,552,820
	Sinyi Realty, Inc.		46,000		55,109
	Sirtec International Co. Ltd.		458,200		431,315
#	Siward Crystal Technology Co. Ltd.		794,875		961,625
	Soft-World International Corp.		19,000		61,385
#	Solar Applied Materials Technology Corp.		1,936,798		3,491,411
	Solomon Technology Corp.		406,000		253,487
	Solteam, Inc.		39,390		97,852
#	Southeast Cement Co. Ltd.		944,700		619,721
#	Spirox Corp.		356,563		368,080
	Standard Chemical & Pharmaceutical Co. Ltd.		90,000		124,976
	Sunonwealth Electric Machine Industry Co. Ltd.		78,000		108,160
#	Sunrex Technology Corp.		517,108		807,188
#	Sunspring Metal Corp.		580,569		587,620
	Supreme Electronics Co. Ltd.		2,788,726		4,508,178
#	Swancor Holding Co. Ltd.		61,000		216,519
#	Sweeten Real Estate Development Co. Ltd.		862,114		864,389
	Syncmold Enterprise Corp.		50,000		127,027
#	Synmosa Biopharma Corp.		230,904		191,142
	Synnex Technology International Corp.		6,974,550		13,513,517
	Systex Corp.		12,000		37,258
#	Ta Ya Electric Wire & Cable		2,735,776		2,437,126
#	Tah Hsin Industrial Corp.		452,730		1,019,753
#	TA-I Technology Co. Ltd.		164,500		376,524
# *	Tai Tung Communication Co. Ltd.		508,535		321,449
	Taichung Commercial Bank Co. Ltd.		27,928,012		12,006,866
	TaiDoc Technology Corp.		13,000		81,809
	Taiflex Scientific Co. Ltd.		1,065,960		1,830,095
#	Taimide Tech, Inc.		116,000		170,356
	Tainan Enterprises Co. Ltd.		338,183		221,322
#	Tainan Spinning Co. Ltd.		6,278,485		5,139,265
	Tai-Saw Technology Co. Ltd.		158,000		180,994
	Taishin Financial Holding Co. Ltd.		46,516,044		30,537,565
#	Taita Chemical Co. Ltd.		1,669,566		2,084,369
	TAI-TECH Advanced Electronics Co. Ltd.		9,000		41,481
#	Taiwan Business Bank		21,804,811		7,417,909
	Taiwan Cement Corp.		23,712,948		41,147,341
#	Taiwan Chinsan Electronic Industrial Co. Ltd.		339,488		571,866
	Taiwan Cogeneration Corp.		78,000		107,314
	Taiwan Cooperative Financial Holding Co. Ltd.		37,615,745		30,584,269
	Taiwan Fertilizer Co. Ltd.		2,619,000		6,404,653
	Taiwan Fire & Marine Insurance Co. Ltd.		1,283,000		921,171
#	Taiwan FU Hsing Industrial Co. Ltd.		648,000		943,318
	Taiwan Glass Industry Corp.		5,779,982		5,696,948
	Taiwan Hon Chuan Enterprise Co. Ltd.		1,317,932		3,087,875
#	Taiwan Hopax Chemicals Manufacturing Co. Ltd.		931,000		2,687,812
††	Taiwan Kolin Co. Ltd.		5,797,000		0
*	Taiwan Land Development Corp.		4,185,322		511,264
	Taiwan Navigation Co. Ltd.		1,024,000		1,296,891
	Taiwan PCB Techvest Co. Ltd.		1,607,946		2,715,716
	Taiwan Semiconductor Co. Ltd.		59,000		173,335
	Taiwan Shin Kong Security Co. Ltd.		109,390		151,865
	Taiwan Steel Union Co. Ltd.		8,000		22,759
#	Taiwan Styrene Monomer		264,000		172,427
#	Taiwan Surface Mounting Technology Corp.		1,414,991		5,709,415

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
# *	Taiwan TEA Corp.		3,091,092	$	2,320,647
	Taiwan Union Technology Corp.		6,000		20,689
	Taiyen Biotech Co. Ltd.		601,217		712,557
# *	Tatung Co. Ltd.		4,614,000		5,713,704
	TBI Motion Technology Co. Ltd.		9,000		15,608
	Te Chang Construction Co. Ltd.		16,260		16,965
	Teco Electric & Machinery Co. Ltd.		6,927,725		7,525,294
	Tera Autotech Corp.		24,863		18,433
	Test Research, Inc.		77,000		154,947
	Test Rite International Co. Ltd.		1,140,266		992,694
	Tex-Ray Industrial Co. Ltd.		92,000		45,997
	Thermaltake Technology Co. Ltd.		14,000		20,375
	Thye Ming Industrial Co. Ltd.		37,000		43,692
#	Ting Sin Co. Ltd.		61,000		50,153
#	Ton Yi Industrial Corp.		3,768,600		1,766,740
	Tong Yang Industry Co. Ltd.		2,384,000		2,898,585
# *	Tong-Tai Machine & Tool Co. Ltd.		995,447		573,649
	Top Bright Holding Co. Ltd.		5,000		20,804
	Topco Scientific Co. Ltd.		11,000		54,668
	Topco Technologies Corp.		14,000		39,616
	Topkey Corp.		22,000		102,526
#	Topoint Technology Co. Ltd.		837,459		1,254,619
	Toung Loong Textile Manufacturing		102,000		130,202
	TPK Holding Co. Ltd.		2,287,000		3,498,257
	Transcend Information, Inc.		24,000		58,329
	Tripod Technology Corp.		2,531,000		10,720,022
*	TrueLight Corp.		32,000		31,241
#	Tsann Kuen Enterprise Co. Ltd.		215,000		327,537
#	TSRC Corp.		113,000		130,351
	TST Group Holding Ltd.		5,000		24,972
#	Tung Ho Steel Enterprise Corp.		4,907,274		7,133,083
	TURVO International Co. Ltd.		33,000		123,079
	TXC Corp.		1,644,000		6,075,849
#	TYC Brother Industrial Co. Ltd.		1,456,723		1,046,556
*	Tycoons Group Enterprise		2,762,337		1,394,916
#	Tyntek Corp.		1,640,097		1,548,106
#	UDE Corp.		353,000		621,751
	U-Ming Marine Transport Corp.		1,426,000		2,704,368
	Unic Technology Corp.		46,000		35,927
	Unimicron Technology Corp.		6,146,363		42,132,335
*	Union Bank Of Taiwan		13,013,051		5,524,128
#	Unitech Computer Co. Ltd.		477,739		656,975
# *	Unitech Printed Circuit Board Corp.		3,327,466		2,170,334
#	United Microelectronics Corp.		51,490,681		106,893,309
††	Unity Opto Technology Co. Ltd.		2,993,000		83,143
	Univacco Technology, Inc.		46,000		39,138
	Universal Cement Corp.		2,280,583		1,690,902
	Universal, Inc.		64,000		94,514
	Unizyx Holding Corp.		1,586,000		1,781,203
#	UPC Technology Corp.		4,928,598		4,100,617
#	USI Corp.		4,858,827		6,018,788
*	Usun Technology Co. Ltd.		128,100		160,249
	Ve Wong Corp.		912,806		1,071,339
# *	Victory New Materials Ltd. Co.		626,687		235,664
#	Wah Hong Industrial Corp.		394,516		399,203
	Wah Lee Industrial Corp.		1,076,100		3,296,537
	Walsin Lihwa Corp.		8,686,412		8,114,424
#	Walton Advanced Engineering, Inc.		2,020,853		1,245,342
	Wei Chuan Foods Corp.		325,000		267,318

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
††	Wei Mon Industry Co. Ltd.		3,885,691	$	0
#	Weikeng Industrial Co. Ltd.		2,307,490		2,317,106
#	Well Shin Technology Co. Ltd.		482,080		835,547
	Wha Yu Industrial Co. Ltd.		238,000		137,636
#	Winbond Electronics Corp.		17,217,572		16,324,719
	Winmate, Inc.		28,000		82,275
#	Winstek Semiconductor Co. Ltd.		247,000		269,822
††	Wintek Corp.		20,783,484		256,426
#	Wisdom Marine Lines Co. Ltd.		1,137,364		2,677,107
	Wistron Corp.		17,191,343		18,067,243
	Wistron NeWeb Corp.		114,000		318,294
#	Wonderful Hi-Tech Co. Ltd.		62,311		51,526
	WPG Holdings Ltd.		9,633,284		17,996,131
	WT Microelectronics Co. Ltd.		2,452,751		5,541,795
	WUS Printed Circuit Co. Ltd.		857,668		875,798
	Xxentria Technology Materials Corp.		28,000		68,068
	Ya Horng Electronic Co. Ltd.		22,000		33,346
#	YC INOX Co. Ltd.		1,963,446		2,226,981
	YCC Parts Manufacturing Co. Ltd.		10,000		12,280
#	Yea Shin International Development Co. Ltd.		843,825		638,559
#	Yem Chio Co. Ltd.		2,558,746		1,399,449
	Yen Sun Technology Corp.		84,000		94,546
#	Yeong Guan Energy Technology Group Co. Ltd.		474,820		1,095,332
	YFC-Boneagle Electric Co. Ltd.		34,000		29,205
#	YFY, Inc.		7,005,847		8,076,605
#	Yi Jinn Industrial Co. Ltd.		1,140,142		709,026
*	Yieh Phui Enterprise Co. Ltd.		3,438,265		3,071,878
#	Young Fast Optoelectronics Co. Ltd.		488,000		530,674
#	Youngtek Electronics Corp.		795,047		2,420,555
	Yuanta Financial Holding Co. Ltd.		52,178,994		46,381,015
#	Yulon Motor Co. Ltd.		3,594,650		5,330,130
	Yung Chi Paint & Varnish Manufacturing Co. Ltd.		214,687		559,862
	YungShin Global Holding Corp.		107,000		167,485
	Yungtay Engineering Co. Ltd.		23,000		53,464
#	Zeng Hsing Industrial Co. Ltd.		67,000		367,594
#	Zenitron Corp.		940,000		974,269
#	Zero One Technology Co. Ltd.		604,000		1,002,776
#	Zhen Ding Technology Holding Ltd.		3,635,000		12,588,071
	Zhong Yang Technology Co. Ltd.		9,000		15,926
#	Zig Sheng Industrial Co. Ltd.		2,151,352		1,324,723
# *	Zinwell Corp.		701,000		497,193
	Zippy Technology Corp.		48,000		69,668
#	ZongTai Real Estate Development Co. Ltd.		912,159		1,273,031

TOTAL TAIWAN					2,235,753,597

THAILAND — (1.9%)
	AAPICO Hitech PCL		249,150		159,180
	AAPICO Hitech PCL		938,747		599,757
*	Ananda Development PCL		5,845,600		278,341
	AP Thailand PCL		16,307,230		4,349,250
	Bangchak Corp. PCL		6,810,700		5,644,368
*	Bangkok Airways PCL		4,493,000		1,570,671
	Bangkok Bank PCL		59,900		221,133
	Bangkok Bank PCL		1,450,853		5,356,121
	Bangkok Insurance PCL		215,128		1,808,806
	Bangkok Land PCL		71,881,596		2,382,875
	Bangkok Life Assurance PCL		1,110,200		995,358
*	Bangkok Ranch PCL		3,329,500		307,037
	Banpu PCL		28,014,733		9,624,590

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
THAILAND — (Continued)
	Berli Jucker PCL		1,518,800	$	1,544,775
*	Better World Green PCL		4,257,100		105,201
	BG Container Glass PCL		161,900		55,134
	Cal-Comp Electronics Thailand PCL, Class F		16,886,256		1,333,293
	Charoen Pokphand Foods PCL		19,777,700		15,049,708
*	Country Group Development PCL		3,308,900		51,853
*	Country Group Holdings PCL		1,206,900		40,372
*	Demco PCL		133,400		19,538
	Eastern Water Resources Development & Management PCL, Class F		254,300		77,403
	GFPT PCL		3,664,400		1,281,008
	Global Green Chemicals PCL, Class F		312,400		118,624
	ICC International PCL		2,067,400		1,900,270
	Indorama Ventures PCL		1,385,300		1,753,412
	IRPC PCL		43,754,900		5,670,039
*	Italian-Thai Development PCL		21,811,100		1,538,099
	Kasikornbank PCL		843,501		3,584,228
*	Khon Kaen Sugar Industry PCL		10,656,207		1,239,598
	Kiatnakin Phatra Bank PCL		1,257,500		2,273,789
	Krung Thai Bank PCL		12,326,000		4,271,800
	Lalin Property PCL		204,200		57,231
	LH Financial Group PCL		11,902,046		527,266
	LPN Development PCL		8,159,602		1,224,586
*	MBK PCL		800,610		337,785
	Millcon Steel PCL		5,499,000		240,294
*	Nawarat Patanakarn PCL		3,182,100		100,692
	Origin Property PCL, Class F		568,500		193,598
	Polyplex Thailand PCL		1,919,025		1,411,112
*	Power Solution Technologies PCL, Class F		1,808,740		142,813
	Property Perfect PCL		42,170,700		584,601
	Pruksa Holding PCL		5,079,600		2,112,514
	PTT Exploration & Production PCL		7,046,400		24,951,465
	PTT Global Chemical PCL		6,817,141		12,891,602
	PTT PCL		54,395,500		63,112,386
	Quality Houses PCL		27,914,547		1,934,859
	Rojana Industrial Park PCL		5,071,073		1,054,484
	Saha Pathana Inter-Holding PCL		2,248,100		4,471,471
	Saha Pathanapibul PCL		1,052,533		1,911,101
	Sahakol Equipment PCL		1,782,300		131,057
	Saha-Union PCL		1,568,500		1,559,873
*	Samart Telcoms PCL		113,900		22,311
	Sansiri PCL		54,046,766		2,052,254
	SC Asset Corp. PCL		10,005,753		1,079,503
	Sena Development PCL		1,331,366		164,502
	Siam Cement PCL		208,800		2,485,527
	Siam City Cement PCL		39,000		199,216
	Siam Commercial Bank PCL		2,883,100		10,947,656
	Siamgas & Petrochemicals PCL		66,200		28,728
*	Singha Estate PCL		547,000		33,299
	Somboon Advance Technology PCL		2,077,000		1,283,161
	SPCG PCL		506,700		271,808
	Sri Trang Agro-Industry PCL		1,744,899		1,709,010
*	Srithai Superware PCL		11,102,100		468,408
*	STP & I PCL		5,380,400		706,955
	Supalai PCL		7,863,700		5,545,410
	Super Energy Corp. PCL		114,997,600		3,361,642
	Susco PCL		126,100		12,465
	Syntec Construction PCL		5,229,800		305,758
	Thai Oil PCL		4,176,200		7,016,444
	Thai Rayon PCL		58,700		90,661

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
THAILAND — (Continued)
	Thai Stanley Electric PCL		37,000	$	196,806
	Thai Stanley Electric PCL, Class F		170,100		904,774
	Thai Wacoal PCL		81,200		97,883
	Thaicom PCL		4,075,500		1,338,746
	Thanachart Capital PCL		1,502,600		1,596,222
	Thitikorn PCL		1,125,800		301,955
	TMBThanachart Bank PCL		92,478,709		3,232,888
	TPI Polene PCL		38,994,640		2,009,518
	TPI Polene Power PCL		3,210,999		410,296
	True Corp. PCL		63,601,400		7,781,863
*	Unique Engineering & Construction PCL		777,000		156,887
	Univentures PCL		3,231,600		397,346
	Vinythai PCL		1,561,617		1,788,336

TOTAL THAILAND					252,154,659

TURKEY — (0.5%)
#	Akbank TAS		12,733,695		7,708,001
*	Albaraka Turk Katilim Bankasi AS		6,400,736		1,182,618
	Anadolu Anonim Turk Sigorta Sirketi		2,740,994		1,696,063
	Anadolu Efes Biracilik Ve Malt Sanayii AS		438,406		1,008,879
#	Arcelik AS		240,237		842,838
*	Borusan Mannesmann Boru Sanayi ve Ticaret AS		186,252		470,157
*	Cimsa Cimento Sanayi VE Ticaret AS		408,339		1,328,536
#	Dogan Sirketler Grubu Holding AS		2,253,127		628,406
	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		635,312		397,488
	Enka Insaat ve Sanayi AS		4,716,199		5,445,747
*	Gozde Girisim Sermayesi Yatirim Ortakligi AS		1,178,710		830,413
*	GSD Holding AS		2,389,068		648,843
	KOC Holding AS		2,486,011		6,061,276
*	Koza Anadolu Metal Madencilik Isletmeleri AS		129,888		226,592
# *	Sekerbank Turk AS		3,153,463		330,067
#	Selcuk Ecza Deposu Ticaret ve Sanayi AS		451,739		418,566
*	Turk Hava Yollari AO		3,733,594		5,690,184
#	Turkiye Garanti Bankasi AS		13,334,670		13,655,486
# *	Turkiye Halk Bankasi AS		1,972,856		909,077
#	Turkiye Is Bankasi AS, Class C		9,142,747		5,363,476
#	Turkiye Sinai Kalkinma Bankasi AS		8,645,187		1,169,007
	Turkiye Sise ve Cam Fabrikalari AS		4,915,697		4,421,796
# *	Turkiye Vakiflar Bankasi TAO, Class D		5,849,551		2,090,675
	Ulker Biskuvi Sanayi AS		412,887		867,463
#	Vestel Elektronik Sanayi ve Ticaret AS		297,357		790,790
#	Yapi ve Kredi Bankasi AS		16,738,183		4,754,891

TOTAL TURKEY					68,937,335

UNITED ARAB EMIRATES — (0.4%)
	Abu Dhabi Commercial Bank PJSC		6,998,773		15,829,642
	Abu Dhabi National Insurance Co. PSC		10,000		15,214
*	Ajman Bank PJSC		110,591		21,008
	Aldar Properties PJSC		9,554,812		10,513,077
*	Amanat Holdings PJSC		1,490,558		458,290
*	DAMAC Properties Dubai Co. PJSC		2,169,630		739,867
	Dana Gas PJSC		3,526,389		992,949
*	Deyaar Development PJSC		9,632,024		780,561
*	Dubai Financial Market PJSC		1,950,844		541,839
	Dubai Investments PJSC		2,833,956		1,314,578
*	Emaar Development PJSC		1,946,738		2,076,867
*	Emaar Malls PJSC		292,209		159,498
	Emaar Properties PJSC		11,964,633		13,098,041

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


			Shares		Value»
UNITED ARAB EMIRATES — (Continued)
	Emirates NBD Bank PJSC	��		637,271	$	2,424,894
*	Eshraq Investments PJSC			4,699,658		413,593
	Islamic Arab Insurance Co.			229,899		46,990
*	Manazel PJSC			3,078,974		461,458
*	RAK Properties PJSC			4,853,881		969,703
	Ras Al Khaimah Ceramics			178,681		133,674
	SHUAA Capital PSC			61,321		11,182
*	Union Properties PJSC			3,928,839		281,647

TOTAL UNITED ARAB EMIRATES						51,284,572

UNITED KINGDOM — (0.0%)
*	Bytes Technology Group PLC			50,304		365,499

TOTAL COMMON STOCKS						13,342,558,531

PREFERRED STOCKS — (0.5%)
BRAZIL — (0.5%)
	Banco ABC Brasil SA			560,876		1,509,569
W	Banco BMG SA			35,800		19,347
	Banco Bradesco SA			7,213,076		25,433,256
	Banco do Estado do Rio Grande do Sul SA Class B			1,331,245		2,568,705
	Cia Ferro Ligas da Bahia - FERBASA			330,538		2,776,055
	Eucatex SA Industria e Comercio			262,828		370,692
	Gerdau SA			368,620		1,756,951
	Grazziotin SA			6,400		51,211
	Marcopolo SA			2,532,543		1,162,211
	Petroleo Brasileiro SA			3,992,173		19,275,437
	Schulz SA			208,260		304,431
	Unipar Carbocloro SA Class B			207,349		2,743,315
	Usinas Siderurgicas de Minas Gerais SA Usiminas Class A			1,309,071		3,073,318

TOTAL BRAZIL						61,044,498

COLOMBIA — (0.0%)
	Grupo Argos SA			374,078		854,301
	Grupo de Inversiones Suramericana SA			861,705		4,322,558

TOTAL COLOMBIA						5,176,859

PHILIPPINES — (0.0%)
	Cebu Air, Inc., 6.000%			873,808		763,348

SOUTH KOREA — (0.0%)
	Hyundai Engineering & Construction Co. Ltd.			4,576		622,023

TOTAL PREFERRED STOCKS						67,606,728

RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*	Ultrapar Participacoes SA Rights 11/03/21			65,305		0

CHILE — (0.0%)
*	Itau CorpBanca Chile SA Rights 11/02/21			1		0

TAIWAN — (0.0%)
*	Eva Airways Corp. Rights Exp 10/01/21			239,420		0
*	Ta Ya Electric Wire & Cable Rights 11/10/21			99,944		13,477

TOTAL TAIWAN						13,477

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»
THAILAND — (0.0%)
*	Banpu PCL 10/01/22		6,911,516	$	1,072,683
*	Banpu PCL 10/01/23		5,647,083		575,217
*	MBK PCL Warrants 10/27/22		32,025		10,616
*	Samart Telcoms PCL Rights 05/17/24		18,983		853

TOTAL THAILAND					1,659,369

TOTAL RIGHTS/WARRANTS					1,672,846

TOTAL INVESTMENT SECURITIES (Cost $10,418,045,683)					13,411,838,105


				Value†
SECURITIES LENDING COLLATERAL — (1.7%)
@ §	The DFA Short Term Investment Fund		19,568,415		226,406,566

TOTAL INVESTMENTS — (100.0%) (Cost $10,644,400,920)				$	13,638,244,671


ADR		American Depositary Receipt
CP		Certificate Participation
GDR		Global Depositary Receipt
SA		Special Assessment
ST		Special Tax
»		Securities that have been fair value factored. See Note B to Financial Statements.
*		Non-Income Producing Securities.
#		Total or Partial Securities on Loan.
W		Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.
††		Security valued using significant unobservable inputs (Level 3).
†		See Note B to Financial Statements.
@		Security purchased with cash collateral received from Securities on Loan.
§		Affiliated Fund.

As of October 31, 2021, Dimensional Emerging Markets Value Fund had entered into the following outstanding futures contracts:


Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		650		12/17/21	$	41,972,669	$	41,015,000	$	(957,669	)
S&P 500^®Emini Index		441		12/17/21		99,955,617		101,363,850		1,408,233

Total Futures Contracts					$	141,928,286	$	142,378,850	$	450,564

Summary of the Fund’s investments as of October 31, 2021, based on their valuation inputs, is as follows (see Security Valuation Note):


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	462,743,898		—		—	$	462,743,898
Chile		6,785,587	$	63,837,563		—		70,623,150
China		342,832,593		3,793,625,614	$	37,493,836		4,173,952,043
Colombia		11,699,835		—		—		11,699,835
Czech Republic		—		20,436,623		—		20,436,623
Greece		—		33,803,657		—		33,803,657
Hong Kong		5,675,428		17,004,977		79,933		22,760,338

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Hungary		—	$	33,993,976		—	$	33,993,976
India	$	106,915,810		1,765,125,436	$	35,107		1,872,076,353
Indonesia		—		208,895,122		846,264		209,741,386
Malaysia		—		250,498,909		620		250,499,529
Mexico		298,694,923		7,828,918		—		306,523,841
Philippines		—		127,678,949		14,293		127,693,242
Poland		—		115,707,174		—		115,707,174
Qatar		—		40,558,271		—		40,558,271
Russia		23,870,525		216,794,779		—		240,665,304
Saudi Arabia		—		392,053,737		—		392,053,737
South Africa		57,637,480		478,642,119		—		536,279,599
South Korea		241,252,129		1,570,035,853		962,931		1,812,250,913
Taiwan		27,564,991		2,207,844,782		343,824		2,235,753,597
Thailand		252,154,659		—		—		252,154,659
Turkey		—		68,937,335		—		68,937,335
United Arab Emirates		—		51,284,572		—		51,284,572
United Kingdom		—		365,499		—		365,499
Preferred Stocks
Brazil		61,025,151		19,347		—		61,044,498
Colombia		5,176,859		—		—		5,176,859
Philippines		—		763,348		—		763,348
South Korea		—		622,023		—		622,023
Rights/Warrants
Taiwan		—		13,477		—		13,477
Thailand		—		1,659,369		—		1,659,369
Securities Lending Collateral		—		226,406,566		—		226,406,566
Futures Contracts**		450,564		—		—		450,564

TOTAL	$	1,904,480,432	$	11,694,437,995	$	39,776,808^	$	13,638,695,235

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

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

LOGO

Report of Independent Registered Public Accounting Firm

To the Board of Trustees and Shareholders of Dimensional Emerging Markets Value Fund

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the summary schedule of portfolio holdings, of Dimensional Emerging Markets Value Fund (the “Fund”) as of October 31, 2021, the related statement of operations for the year ended October 31, 2021, the statement of changes in net assets for each of the two years in the period ended October 31, 2021, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2021 (included in Item 1 of this Form N-CSR) and the schedule of investments (included in Item 6 of this Form N-CSR) as of October 31, 2021 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2021, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2021 and the financial highlights for each of the five years in the period ended October 31, 2021 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2021 by correspondence with the custodian, brokers and transfer agent of the investee fund; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

LOGO

December 22, 2021

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042
T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us

(b)	Not applicable.

ITEM 7.

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

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

ITEM 8.

PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

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

ITEM 9.

PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

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

ITEM 10.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 11.

CONTROLS AND PROCEDURES.

(a)

Based on their evaluation of the Registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this Form N-CSR (the “Report”), the Registrant’s Co-Principal Executive Officers and Principal Financial Officer believe that the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effectively designed to ensure that information required to be disclosed by the Registrant in the Report is recorded, processed, summarized and reported by the filing date, including ensuring that information required to be disclosed in the Report is accumulated and communicated to the Registrant’s officers that are making certifications in the Report, as appropriate, to allow timely decisions regarding required disclosure. The Registrant’s management, including the Co-Principal Executive Officers and the Principal Financial Officer, recognizes that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.

(b)

There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) that occurred during the period covered by this Report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

ITEM 12.

DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

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

ITEM 13.

EXHIBITS.

(a)(1)

Code of Ethics is filed herewith.

(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 P. Butler
		David P. Butler
		Co-Chief Executive Officer

Date: January 5, 2022


By:		/s/ Gerard K. O’Reilly
		Gerard K. O’Reilly
		Co-Chief Executive Officer and
		Chief Investment Officer

Date: January 5, 2022

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.


By:		/s/ David P. Butler
		David P. Butler
		Co-Principal Executive Officer
		Dimensional Emerging Markets Value Fund

Date: January 5, 2022


By:		/s/ Gerard K. O’Reilly
		Gerard K. O’Reilly
		Co-Principal Executive Officer
		Dimensional Emerging Markets Value Fund

Date: January 5, 2022


By:		/s/ Jan Miller
		Jan Miller
		Principal Financial Officer
		Dimensional Emerging Markets Value Fund

Date: January 5, 2022

Dimensional Emerging Markets Value Fund N-CSRCertified annual shareholder report (management investment company)