International Vector Equity Portfolio
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.8%
1 yr return
13.3%
3 Yr Avg Return
2.8%
5 Yr Avg Return
6.7%
Net Assets
$3.56 B
Holdings in Top 10
10.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.34%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DFVQX - Profile
Distributions
- YTD Total Return 5.8%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 6.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.35%
- Dividend Yield 3.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInternational Vector Equity Portfolio
-
Fund Family NameDimensional Funds
-
Inception DateOct 13, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJed Fogdall
Fund Description
To achieve the International Vector Equity 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 International Vector Equity Portfolio is designed to purchase a broad and diverse group of equity securities of non-U.S. companies in developed markets. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation
in the International Universe. For purposes of this Portfolio, the Advisor defines the International Universe as a market capitalization weighted set (e.g., the larger the company, the greater the proportion of the International Universe it represents) of non-U.S. companies in developed markets that have been authorized for investment by the Advisor’s Investment Committee. The Portfolio’s increased exposure to smaller capitalization, lower relative price, and higher profitability companies may be achieved by decreasing the allocation of the Portfolio’s assets to larger capitalization, higher relative price, or lower profitability companies relative to their weight in the International Universe or by avoiding purchases in that segment of the market. An equity issuer is considered to have a high relative price (i.e., a growth stock) primarily because it has a high price in relation to its book value. 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.
The Advisor determines company size on a country or region specific basis and based primarily on market capitalization. The Advisor will also establish a minimum market capitalization that a company must meet in order to be considered for purchase, which minimum will change due to market conditions.
The International Vector Equity Portfolio intends to purchase securities of companies associated with developed market countries that the Advisor has designated as approved markets for investment. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in equity securities. The percentage allocation of the assets of the Portfolio to securities of the largest high relative price companies will generally be reduced by between 5% and 50% of their percentage weight in the International Universe. For example, as of December 31, 2023, securities of the largest high relative price companies in the International Universe comprised approximately 16% of the International Universe and the Advisor allocated approximately less than 2% of the Portfolio to securities of the largest high relative price companies in the International Universe. The percentage by which the Portfolio’s allocation to securities of the largest high relative price companies is reduced, as compared to their representation in the International Universe, will change due to market movements and other factors.
The Advisor may also increase or reduce the International Vector Equity 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 International Vector Equity Portfolio may gain exposure to companies associated with approved markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuer’s domicile country. The Portfolio may purchase or sell futures contracts and options on futures contracts for foreign or 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. Because many of the Portfolio’s investments may be denominated in foreign currencies, the Portfolio may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency.
The International Vector Equity Portfolio may lend its portfolio securities to generate additional income.
DFVQX - Performance
Return Ranking - Trailing
Period | DFVQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -3.6% | 24.8% | 44.44% |
1 Yr | 13.3% | 3.1% | 32.1% | 51.85% |
3 Yr | 2.8%* | -2.4% | 33.1% | 43.14% |
5 Yr | 6.7%* | 2.7% | 21.4% | 41.30% |
10 Yr | 5.6%* | 3.6% | 8.0% | 48.00% |
* Annualized
Return Ranking - Calendar
Period | DFVQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.8% | -5.4% | 35.2% | 58.49% |
2022 | -15.0% | -22.7% | 5.8% | 52.94% |
2021 | 9.7% | -5.7% | 19.7% | 47.06% |
2020 | 3.9% | -10.7% | 30.9% | 34.69% |
2019 | 17.5% | 2.1% | 31.6% | 24.44% |
Total Return Ranking - Trailing
Period | DFVQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -3.6% | 24.8% | 44.44% |
1 Yr | 13.3% | 3.1% | 32.1% | 51.85% |
3 Yr | 2.8%* | -2.4% | 33.1% | 43.14% |
5 Yr | 6.7%* | 2.7% | 21.4% | 41.30% |
10 Yr | 5.6%* | 3.6% | 8.0% | 48.00% |
* Annualized
Total Return Ranking - Calendar
Period | DFVQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.0% | 3.2% | 40.0% | 50.94% |
2022 | -12.5% | -22.3% | 6.4% | 52.94% |
2021 | 15.1% | 9.0% | 77.0% | 58.82% |
2020 | 6.1% | -10.3% | 37.2% | 40.82% |
2019 | 20.9% | 8.6% | 31.9% | 28.89% |
NAV & Total Return History
DFVQX - Holdings
Concentration Analysis
DFVQX | Category Low | Category High | DFVQX % Rank | |
---|---|---|---|---|
Net Assets | 3.56 B | 6.93 M | 10.9 B | 5.56% |
Number of Holdings | 4699 | 10 | 5116 | 3.70% |
Net Assets in Top 10 | 377 M | 563 K | 3.34 B | 18.52% |
Weighting of Top 10 | 10.58% | 2.8% | 104.2% | 75.93% |
Top 10 Holdings
- DFA Short Term Investment Fund 2.85%
- DFA Investment Trust Co. 2.60%
- TotalEnergies SE 1.21%
- Shell PLC 0.87%
- Novo Nordisk AS 0.61%
- LVMH Moet Hennessy Louis Vuitton SE 0.61%
- Bayer AG 0.53%
- Nestle SA 0.46%
- Wolters Kluwer NV 0.42%
- Sony Group Corp. 0.42%
Asset Allocation
Weighting | Return Low | Return High | DFVQX % Rank | |
---|---|---|---|---|
Stocks | 100.49% | 83.96% | 101.35% | 3.70% |
Cash | 2.85% | 0.00% | 17.33% | 27.78% |
Preferred Stocks | 0.39% | 0.00% | 4.35% | 37.04% |
Other | 0.00% | 0.00% | 4.21% | 31.48% |
Convertible Bonds | 0.00% | 0.00% | 0.41% | 55.77% |
Bonds | 0.00% | 0.00% | 11.41% | 53.70% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFVQX % Rank | |
---|---|---|---|---|
Industrials | 18.95% | 5.36% | 31.52% | 67.31% |
Financial Services | 18.94% | 3.05% | 32.74% | 36.54% |
Basic Materials | 13.58% | 1.74% | 28.84% | 26.92% |
Consumer Cyclical | 12.31% | 4.00% | 24.14% | 28.85% |
Energy | 7.27% | 0.00% | 19.25% | 36.54% |
Technology | 6.77% | 0.00% | 18.01% | 65.38% |
Consumer Defense | 6.34% | 3.45% | 18.05% | 48.08% |
Healthcare | 5.78% | 0.00% | 9.89% | 25.00% |
Communication Services | 5.05% | 0.00% | 8.94% | 34.62% |
Real Estate | 2.63% | 0.00% | 16.01% | 67.31% |
Utilities | 2.36% | 0.00% | 15.19% | 48.08% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFVQX % Rank | |
---|---|---|---|---|
Non US | 89.95% | 0.00% | 99.47% | 68.52% |
US | 10.54% | 0.00% | 99.94% | 22.22% |
DFVQX - Expenses
Operational Fees
DFVQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.34% | 0.34% | 4.26% | 100.00% |
Management Fee | 0.30% | 0.30% | 1.05% | 1.85% |
12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
Administrative Fee | N/A | 0.01% | 0.15% | 4.00% |
Sales Fees
DFVQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
DFVQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
DFVQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.00% | 2.00% | 119.00% | 8.33% |
DFVQX - Distributions
Dividend Yield Analysis
DFVQX | Category Low | Category High | DFVQX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.55% | 0.00% | 8.78% | 42.59% |
Dividend Distribution Analysis
DFVQX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
DFVQX | Category Low | Category High | DFVQX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.35% | -0.10% | 4.33% | 25.00% |
Capital Gain Distribution Analysis
DFVQX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.122 | OrdinaryDividend |
Mar 27, 2024 | $0.020 | OrdinaryDividend |
Dec 13, 2023 | $0.195 | OrdinaryDividend |
Sep 28, 2023 | $0.078 | OrdinaryDividend |
Jun 29, 2023 | $0.171 | OrdinaryDividend |
Mar 30, 2023 | $0.019 | OrdinaryDividend |
Dec 12, 2022 | $0.072 | OrdinaryDividend |
Sep 29, 2022 | $0.112 | OrdinaryDividend |
Jun 29, 2022 | $0.112 | OrdinaryDividend |
Mar 30, 2022 | $0.028 | OrdinaryDividend |
Dec 13, 2021 | $0.467 | OrdinaryDividend |
Sep 29, 2021 | $0.067 | OrdinaryDividend |
Jun 29, 2021 | $0.105 | OrdinaryDividend |
Mar 30, 2021 | $0.024 | OrdinaryDividend |
Dec 14, 2020 | $0.093 | OrdinaryDividend |
Sep 29, 2020 | $0.040 | OrdinaryDividend |
Jun 29, 2020 | $0.094 | OrdinaryDividend |
Mar 30, 2020 | $0.000 | OrdinaryDividend |
Dec 16, 2019 | $0.099 | OrdinaryDividend |
Sep 27, 2019 | $0.053 | OrdinaryDividend |
Jun 27, 2019 | $0.173 | OrdinaryDividend |
Mar 28, 2019 | $0.001 | OrdinaryDividend |
Dec 17, 2018 | $0.114 | OrdinaryDividend |
Dec 17, 2018 | $0.008 | CapitalGainShortTerm |
Dec 17, 2018 | $0.344 | CapitalGainLongTerm |
Sep 27, 2018 | $0.052 | OrdinaryDividend |
Jun 28, 2018 | $0.102 | OrdinaryDividend |
Dec 14, 2017 | $0.147 | OrdinaryDividend |
Dec 14, 2017 | $0.001 | CapitalGainShortTerm |
Dec 14, 2017 | $0.053 | CapitalGainLongTerm |
Sep 28, 2017 | $0.048 | OrdinaryDividend |
Jun 29, 2017 | $0.142 | OrdinaryDividend |
Mar 30, 2017 | $0.001 | OrdinaryDividend |
Dec 14, 2016 | $0.085 | OrdinaryDividend |
Dec 14, 2016 | $0.023 | CapitalGainLongTerm |
Sep 29, 2016 | $0.026 | OrdinaryDividend |
Jun 29, 2016 | $0.141 | OrdinaryDividend |
Mar 30, 2016 | $0.042 | OrdinaryDividend |
Dec 15, 2015 | $0.057 | OrdinaryDividend |
Dec 15, 2015 | $0.038 | CapitalGainLongTerm |
Sep 09, 2015 | $0.042 | OrdinaryDividend |
Jun 08, 2015 | $0.152 | OrdinaryDividend |
Dec 15, 2014 | $0.075 | OrdinaryDividend |
Dec 15, 2014 | $0.010 | CapitalGainShortTerm |
Dec 15, 2014 | $0.020 | CapitalGainLongTerm |
Sep 09, 2014 | $0.046 | OrdinaryDividend |
Jun 09, 2014 | $0.162 | OrdinaryDividend |
Mar 10, 2014 | $0.021 | OrdinaryDividend |
Dec 11, 2013 | $0.074 | OrdinaryDividend |
Dec 11, 2013 | $0.006 | CapitalGainShortTerm |
Dec 11, 2013 | $0.077 | CapitalGainLongTerm |
Sep 10, 2013 | $0.027 | OrdinaryDividend |
Jun 10, 2013 | $0.152 | OrdinaryDividend |
Mar 08, 2013 | $0.006 | OrdinaryDividend |
Dec 12, 2012 | $0.068 | OrdinaryDividend |
Dec 12, 2012 | $0.033 | CapitalGainLongTerm |
Sep 10, 2012 | $0.033 | OrdinaryDividend |
Jun 08, 2012 | $0.139 | OrdinaryDividend |
Mar 08, 2012 | $0.010 | OrdinaryDividend |
Dec 13, 2011 | $0.086 | OrdinaryDividend |
Dec 13, 2011 | $0.150 | CapitalGainLongTerm |
Sep 08, 2011 | $0.056 | OrdinaryDividend |
Jun 08, 2011 | $0.143 | OrdinaryDividend |
Mar 08, 2011 | $0.020 | OrdinaryDividend |
Dec 09, 2010 | $0.074 | OrdinaryDividend |
Dec 09, 2010 | $0.660 | CapitalGainLongTerm |
Sep 08, 2010 | $0.027 | OrdinaryDividend |
Jun 08, 2010 | $0.098 | OrdinaryDividend |
Mar 09, 2010 | $0.005 | OrdinaryDividend |
Dec 09, 2009 | $0.035 | OrdinaryDividend |
Sep 09, 2009 | $0.028 | OrdinaryDividend |
Jun 09, 2009 | $0.089 | OrdinaryDividend |
Mar 10, 2009 | $0.008 | OrdinaryDividend |
Dec 10, 2008 | $0.026 | OrdinaryDividend |
DFVQX - Fund Manager Analysis
Managers
Jed Fogdall
Start Date
Tenure
Tenure Rank
Feb 28, 2010
12.26
12.3%
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.
Allen Pu
Start Date
Tenure
Tenure Rank
Jul 21, 2015
6.87
6.9%
Allen Pu is Deputy Head of Portfolio Management, North America, a member of the Investment Commit- tee, Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Pu joined Dimensional as a Portfolio Manager in 2006. Mr. Pu has an M.B.A. from the University of California, Los Angeles, an M.S. and Ph.D. from Caltech, and a B.S. from Cooper Union for the Advancement of Science and Art.
Bhanu Singh
Start Date
Tenure
Tenure Rank
Jul 21, 2015
6.87
6.9%
Bhanu P. Singh is Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Singh joined Dimensional originally in 2003 and has been a portfolio manager since 2012. Mr. Singh has an M.B.A. from the University of Chicago Booth School of Business and a B.A. from the University of California, Los Angeles.
Mary Phillips
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
Mary T. Phillips, CFA, Deputy Head of Portfolio Management, North America, Senior Portfolio Manager and Vice President of Dimensional, joined Dimensional in 2012 and has been a portfolio manager since 2014. Ms. Phillips began managing Dimensional’s allocated portion of the Fund’s portfolio in March 2018. Ms. Phillips earned an MBA with concentration in analytic finance, statistics and econometrics, and managerial and organizational behavior from the University of Chicago and a BA from the University of Puget Sound.
William Collins-Dean
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Will Collins-Dean is a Portfolio Manager and Vice President of the Sub-Adviser. Mr. Collins-Dean received his MBA from the University of Chicago and is bachelor’s degree from Wake Forest University. Mr. Collins-Dean joined the Sub-Adviser in 2014 and has been a portfolio manager since 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 26.6 | 7.22 | 10.34 |