U.S. SMALL CAP VALUE PORTFOLIO
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.8%
1 yr return
8.5%
3 Yr Avg Return
8.5%
5 Yr Avg Return
12.3%
Net Assets
$16.5 B
Holdings in Top 10
15.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.31%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DFSVX - Profile
Distributions
- YTD Total Return 8.8%
- 3 Yr Annualized Total Return 8.5%
- 5 Yr Annualized Total Return 12.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.94%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameU.S. SMALL CAP VALUE PORTFOLIO
-
Fund Family NameDimensional Fund Advisors
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJed Fogdall
Fund Description
To achieve the U.S. Small Cap Value Portfolio’s investment objective, Dimensional Fund Advisors LP (the “Advisor”) implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the Portfolio’s design emphasizes long-term drivers of expected returns identified by the Advisor’s research, while balancing risk through broad diversification across companies and sectors. The Advisor’s portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs.
The U.S. Small Cap Value Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of the readily marketable securities of U.S. small cap companies that the Advisor determines to be value stocks. A company’s market capitalization is the number of its shares outstanding times its
price per share. Under a market capitalization weighted approach, companies with higher market capitalizations generally represent a larger proportion of the Portfolio than companies with relatively lower market capitalizations.
The U.S. Small Cap Value Portfolio may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the small-cap value segment of the U.S. market. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Advisor may consider additional factors such as price to cash flow or price to earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Advisor uses for assessing relative price and profitability are subject to change from time to time.
As a non-fundamental policy, under normal circumstances, the U.S. Small Cap Value Portfolio will invest at least 80% of its net assets in securities of small cap U.S. companies. As of the date of this Prospectus, for purposes of the Portfolio, the Advisor considers small cap companies to be companies whose market capitalizations are generally in the lowest 10% of total market capitalization or companies whose market capitalizations are smaller than the 1,000th largest U.S. company, whichever results in the higher market capitalization break. Total market capitalization is based on the market capitalization of eligible U.S. operating companies listed on a securities exchange in the United States that is deemed appropriate by the Advisor. Under the Advisor’s market capitalization guidelines described above, based on market capitalization data as of December 31, 2023, the market capitalization of a small cap company would be below $9,960 million. This threshold will change due to market conditions.
The Advisor may also increase or reduce the U.S. Small Cap Value Portfolio’s exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company’s price momentum, short-run reversals, and investment characteristics. In assessing a company’s investment characteristics, the Advisor considers ratios such as recent changes in assets divided by total assets. The criteria the Advisor uses for assessing a company’s investment characteristics are subject to change from time to time. In addition, the Advisor seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.
The U.S. Small Cap Value Portfolio may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.
The U.S. Small Cap Value Portfolio may lend its portfolio securities to generate additional income.
DFSVX - Performance
Return Ranking - Trailing
Period | DFSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.8% | -33.1% | 24.5% | 43.06% |
1 Yr | 8.5% | -28.2% | 24.4% | 49.52% |
3 Yr | 8.5%* | -11.6% | 73.1% | 9.07% |
5 Yr | 12.3%* | -3.9% | 50.6% | 8.79% |
10 Yr | 8.7%* | -3.2% | 27.5% | 21.45% |
* Annualized
Return Ranking - Calendar
Period | DFSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.4% | -6.0% | 33.6% | 29.74% |
2022 | -9.6% | -33.6% | 212.9% | 16.42% |
2021 | 26.3% | -62.0% | 147.6% | 32.66% |
2020 | 0.0% | -24.8% | 31.3% | 65.37% |
2019 | 14.8% | -21.7% | 34.0% | 76.96% |
Total Return Ranking - Trailing
Period | DFSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.8% | -33.1% | 24.5% | 43.06% |
1 Yr | 8.5% | -28.2% | 24.4% | 49.52% |
3 Yr | 8.5%* | -11.6% | 73.1% | 9.07% |
5 Yr | 12.3%* | -3.9% | 50.6% | 8.79% |
10 Yr | 8.7%* | -3.2% | 27.5% | 21.45% |
* Annualized
Total Return Ranking - Calendar
Period | DFSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.9% | 1.8% | 35.4% | 25.18% |
2022 | -3.5% | -25.2% | 250.0% | 10.05% |
2021 | 39.8% | -3.0% | 157.9% | 8.35% |
2020 | 2.2% | -13.5% | 33.4% | 62.27% |
2019 | 18.1% | -1.5% | 34.3% | 92.68% |
NAV & Total Return History
DFSVX - Holdings
Concentration Analysis
DFSVX | Category Low | Category High | DFSVX % Rank | |
---|---|---|---|---|
Net Assets | 16.5 B | 3.29 M | 63 B | 1.20% |
Number of Holdings | 991 | 10 | 1599 | 2.87% |
Net Assets in Top 10 | 2.68 B | 279 K | 3.62 B | 3.59% |
Weighting of Top 10 | 15.86% | 5.2% | 92.1% | 60.43% |
Top 10 Holdings
- DFA Investment Trust Co. 4.74%
- DFA Short Term Investment Fund 4.70%
- Mohawk Industries, Inc. 1.00%
- State Street Institutional US Government Money Market Fund 0.94%
- Taylor Morrison Home Corp. 0.91%
- Amkor Technology, Inc. 0.82%
- Carpenter Technology Corp. 0.77%
- FNB Corp. 0.67%
- Meritage Homes Corp. 0.67%
- Jackson Financial, Inc. 0.64%
Asset Allocation
Weighting | Return Low | Return High | DFSVX % Rank | |
---|---|---|---|---|
Stocks | 103.72% | 6.25% | 105.88% | 0.48% |
Cash | 5.64% | 0.00% | 37.64% | 16.99% |
Other | 0.01% | -1.07% | 38.91% | 33.01% |
Preferred Stocks | 0.00% | 0.00% | 1.05% | 4.31% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 6.80% |
Bonds | 0.00% | 0.00% | 90.12% | 9.81% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFSVX % Rank | |
---|---|---|---|---|
Financial Services | 27.35% | 0.00% | 35.71% | 22.30% |
Industrials | 19.77% | 0.65% | 48.61% | 28.68% |
Consumer Cyclical | 12.78% | 0.35% | 51.62% | 38.48% |
Energy | 11.02% | 0.00% | 29.42% | 19.61% |
Basic Materials | 8.07% | 0.00% | 67.30% | 12.01% |
Technology | 7.96% | 0.00% | 27.23% | 60.54% |
Consumer Defense | 5.60% | 0.00% | 13.22% | 22.06% |
Healthcare | 3.99% | 0.00% | 25.76% | 74.26% |
Communication Services | 2.26% | 0.00% | 17.58% | 55.64% |
Real Estate | 0.77% | 0.00% | 44.41% | 93.14% |
Utilities | 0.43% | 0.00% | 13.86% | 76.23% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFSVX % Rank | |
---|---|---|---|---|
US | 103.72% | 6.25% | 105.88% | 0.48% |
Non US | 0.00% | 0.00% | 77.52% | 35.65% |
DFSVX - Expenses
Operational Fees
DFSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.31% | 0.05% | 37.04% | 95.69% |
Management Fee | 0.28% | 0.00% | 1.50% | 4.56% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.35% | 100.00% |
Sales Fees
DFSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
DFSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DFSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.00% | 7.00% | 252.00% | 9.86% |
DFSVX - Distributions
Dividend Yield Analysis
DFSVX | Category Low | Category High | DFSVX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.55% | 0.00% | 14.14% | 33.01% |
Dividend Distribution Analysis
DFSVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
DFSVX | Category Low | Category High | DFSVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.94% | -1.43% | 4.13% | 1.72% |
Capital Gain Distribution Analysis
DFSVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2024 | $0.185 | OrdinaryDividend |
Sep 27, 2024 | $0.185 | OrdinaryDividend |
Mar 27, 2024 | $0.156 | OrdinaryDividend |
Dec 13, 2023 | $0.182 | OrdinaryDividend |
Dec 13, 2023 | $0.958 | CapitalGainLongTerm |
Sep 28, 2023 | $0.171 | OrdinaryDividend |
Jun 29, 2023 | $0.182 | OrdinaryDividend |
Mar 30, 2023 | $0.155 | OrdinaryDividend |
Dec 14, 2022 | $2.315 | OrdinaryDividend |
Sep 29, 2022 | $0.163 | OrdinaryDividend |
Jun 29, 2022 | $0.115 | OrdinaryDividend |
Mar 30, 2022 | $0.067 | OrdinaryDividend |
Dec 15, 2021 | $4.186 | OrdinaryDividend |
Sep 29, 2021 | $0.137 | OrdinaryDividend |
Jun 29, 2021 | $0.112 | OrdinaryDividend |
Mar 30, 2021 | $0.085 | OrdinaryDividend |
Dec 16, 2020 | $0.454 | OrdinaryDividend |
Sep 29, 2020 | $0.101 | OrdinaryDividend |
Jun 29, 2020 | $0.060 | OrdinaryDividend |
Mar 30, 2020 | $0.061 | OrdinaryDividend |
Dec 17, 2019 | $0.156 | OrdinaryDividend |
Dec 17, 2019 | $0.558 | CapitalGainLongTerm |
Sep 27, 2019 | $0.106 | OrdinaryDividend |
Jun 27, 2019 | $0.104 | OrdinaryDividend |
Mar 28, 2019 | $0.050 | OrdinaryDividend |
Dec 18, 2018 | $0.116 | OrdinaryDividend |
Dec 18, 2018 | $0.028 | CapitalGainShortTerm |
Dec 18, 2018 | $1.920 | CapitalGainLongTerm |
Sep 27, 2018 | $0.112 | OrdinaryDividend |
Jun 28, 2018 | $0.085 | OrdinaryDividend |
Mar 28, 2018 | $0.001 | OrdinaryDividend |
Dec 15, 2017 | $0.167 | OrdinaryDividend |
Dec 15, 2017 | $0.096 | CapitalGainShortTerm |
Dec 15, 2017 | $1.705 | CapitalGainLongTerm |
Sep 28, 2017 | $0.075 | OrdinaryDividend |
Jun 29, 2017 | $0.075 | OrdinaryDividend |
Mar 30, 2017 | $0.016 | OrdinaryDividend |
Dec 15, 2016 | $0.131 | OrdinaryDividend |
Dec 15, 2016 | $1.399 | CapitalGainLongTerm |
Sep 29, 2016 | $0.013 | OrdinaryDividend |
Jun 29, 2016 | $0.080 | OrdinaryDividend |
Mar 30, 2016 | $0.070 | OrdinaryDividend |
Dec 16, 2015 | $0.165 | OrdinaryDividend |
Dec 16, 2015 | $1.375 | CapitalGainLongTerm |
Sep 09, 2015 | $0.135 | OrdinaryDividend |
Jun 08, 2015 | $0.098 | OrdinaryDividend |
Mar 09, 2015 | $0.005 | OrdinaryDividend |
Dec 16, 2014 | $0.147 | OrdinaryDividend |
Dec 16, 2014 | $1.325 | CapitalGainLongTerm |
Sep 09, 2014 | $0.061 | OrdinaryDividend |
Jun 09, 2014 | $0.042 | OrdinaryDividend |
Mar 10, 2014 | $0.009 | OrdinaryDividend |
Dec 12, 2013 | $0.113 | OrdinaryDividend |
Dec 12, 2013 | $0.009 | CapitalGainShortTerm |
Dec 12, 2013 | $1.591 | CapitalGainLongTerm |
Sep 10, 2013 | $0.041 | OrdinaryDividend |
Jun 10, 2013 | $0.043 | OrdinaryDividend |
Mar 08, 2013 | $0.004 | OrdinaryDividend |
Dec 13, 2012 | $0.280 | OrdinaryDividend |
Dec 13, 2012 | $0.060 | CapitalGainShortTerm |
Dec 13, 2012 | $1.456 | CapitalGainLongTerm |
Sep 10, 2012 | $0.041 | OrdinaryDividend |
Jun 08, 2012 | $0.069 | OrdinaryDividend |
Dec 13, 2011 | $0.074 | OrdinaryDividend |
Dec 13, 2011 | $0.326 | CapitalGainLongTerm |
Sep 08, 2011 | $0.039 | OrdinaryDividend |
Jun 08, 2011 | $0.025 | OrdinaryDividend |
Dec 09, 2010 | $0.084 | OrdinaryDividend |
Sep 08, 2010 | $0.024 | OrdinaryDividend |
Mar 09, 2010 | $0.008 | OrdinaryDividend |
Dec 09, 2009 | $0.052 | OrdinaryDividend |
Sep 09, 2009 | $0.020 | OrdinaryDividend |
Jun 09, 2009 | $0.035 | OrdinaryDividend |
Dec 10, 2008 | $0.157 | OrdinaryDividend |
Sep 09, 2008 | $0.067 | OrdinaryDividend |
Jun 10, 2008 | $0.032 | OrdinaryDividend |
Mar 10, 2008 | $0.083 | OrdinaryDividend |
Dec 19, 2007 | $0.035 | OrdinaryDividend |
Dec 19, 2007 | $2.268 | CapitalGainLongTerm |
Sep 10, 2007 | $0.117 | OrdinaryDividend |
Jun 08, 2007 | $0.084 | OrdinaryDividend |
Mar 08, 2007 | $0.017 | OrdinaryDividend |
Dec 18, 2006 | $0.320 | OrdinaryDividend |
Dec 18, 2006 | $0.003 | CapitalGainShortTerm |
Dec 18, 2006 | $2.140 | CapitalGainLongTerm |
Sep 08, 2006 | $0.082 | OrdinaryDividend |
Jun 08, 2006 | $0.063 | OrdinaryDividend |
Mar 08, 2006 | $0.040 | OrdinaryDividend |
Dec 19, 2005 | $0.186 | OrdinaryDividend |
Dec 19, 2005 | $2.113 | CapitalGainLongTerm |
Sep 08, 2005 | $0.095 | OrdinaryDividend |
Jun 08, 2005 | $0.036 | OrdinaryDividend |
Mar 08, 2005 | $0.001 | OrdinaryDividend |
Dec 20, 2004 | $0.426 | OrdinaryDividend |
Dec 20, 2004 | $1.354 | CapitalGainLongTerm |
Sep 08, 2004 | $0.002 | OrdinaryDividend |
Jun 08, 2004 | $0.010 | OrdinaryDividend |
Dec 22, 2003 | $1.195 | CapitalGainLongTerm |
Dec 22, 2003 | $0.372 | OrdinaryDividend |
Dec 16, 2002 | $1.658 | CapitalGainLongTerm |
Dec 16, 2002 | $0.074 | OrdinaryDividend |
Dec 17, 2001 | $3.358 | CapitalGainLongTerm |
Dec 17, 2001 | $0.318 | OrdinaryDividend |
Dec 28, 1994 | $0.016 | OrdinaryDividend |
Nov 28, 1994 | $0.120 | OrdinaryDividend |
DFSVX - Fund Manager Analysis
Managers
Jed Fogdall
Start Date
Tenure
Tenure Rank
Feb 28, 2012
10.26
10.3%
Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.
Joel Schneider
Start Date
Tenure
Tenure Rank
Jul 21, 2015
6.87
6.9%
Mr. Schneider is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Schneider holds an MBA from the University of Chicago Booth School of Business, an MS from the University of Minnesota, and a BS from Iowa State University. Mr. Schneider joined Dimensional in 2011, has been a portfolio manager since 2013.
Marc Leblond
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
Mr. Leblond is a Senior Portfolio Manager and Vice President of Dimensional. He joined Dimensional in 2015. Prior to joining Dimensional, Mr. Leblond was an associate at Duchossois Capital Management from June to December 2014.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 37.45 | 8.23 | 3.58 |