UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-7436

THE DFA INVESTMENT TRUST COMPANY    

(Exact name of registrant as specified in charter)

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

(Address of principal executive offices) (Zip code)

Catherine L. Newell, Esquire, President and General Counsel

The DFA Investment Trust Company,

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

(Name and address of agent for service)

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

Date of fiscal year end: October 31

Date of reporting period: October 31, 2022

ITEM 1. REPORTS TO STOCKHOLDERS.

Annual Report

Year Ended: October 31, 2022

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

DFA Investment Dimensions Group Inc.

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

Dimensional Investment Group Inc.

U.S. Large Company Portfolio

The DFA Investment Trust Company

The U.S. Large Cap Value Series

December 2022

Dear Shareholder,

For more than four decades, Dimensional has been innovating on behalf of investors, using financial science to pursue higher expected returns across a range of market conditions.

We start with what clients are seeking and determine how best to deliver strategies to meet those needs through a systematic approach designed to add value over indexing. Every day, we manage our strategies through a flexible process that allows us to consistently focus on reducing costs and controlling risks. We believe in sensible ideas that we can implement well. And we’re committed to continuing to enhance the investment solutions and services we provide to empower financial professionals.

On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

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		10
Disclosure of Fund Expenses		15
Disclosure of Portfolio Holdings		18
Schedules of Investments/Summary Schedules of Portfolio Holdings
Enhanced U.S. Large Company Portfolio		20
U.S. Large Cap Equity Portfolio		25
U.S. Large Cap Value Portfolio		28
U.S. Targeted Value Portfolio		29
U.S. Small Cap Value Portfolio		33
U.S. Core Equity 1 Portfolio		36
U.S. Core Equity 2 Portfolio		40
U.S. Vector Equity Portfolio		44
U.S. Small Cap Portfolio		48
U.S. Micro Cap Portfolio		52
U.S. High Relative Profitability Portfolio		56
DFA Real Estate Securities Portfolio		59
Statements of Assets and Liabilities		61
Statements of Operations		64
Statements of Changes in Net Assets		67
Financial Highlights		71
Notes to Financial Statements		80
Report of Independent Registered Public Accounting Firm		101
DFA Investment Dimensions Group Inc.
Performance Charts		103
Management’s Discussion and Analysis		104
Consolidated Disclosure of Fund Expenses		105
Consolidated Disclosure of Portfolio Holdings		107
Consolidated Schedule of Investments
DFA Commodity Strategy Portfolio		108
Consolidated Statement of Assets and Liabilities		120
Consolidated Statement of Operations		121
Consolidated Statements of Changes in Net Assets		122
Consolidated Financial Highlights		123
Consolidated Notes to Financial Statements		124
Report of Independent Registered Public Accounting Firm		138
Dimensional Investment Group Inc.
Performance Charts		139
Management’s Discussion and Analysis		140
Disclosure of Fund Expenses		141
Disclosure of Portfolio Holdings		142
Summary Schedule of Portfolio Holdings
U.S. Large Company Portfolio		143
Statement of Assets and Liabilities		146
Statement of Operations		147
Statements of Changes in Net Assets		148
Financial Highlights		149
Notes to Financial Statements		150
Report of Independent Registered Public Accounting Firm		159
The DFA Investment Trust Company

i

TABLE OF CONTENTS

CONTINUED

	Page
Performance Charts		160
Management’s Discussion and Analysis		161
Disclosure of Fund Expenses		162
Disclosure of Portfolio Holdings		163
Summary Schedule of Portfolio Holdings
The U.S. Large Cap Value Series		164
Statement of Assets and Liabilities		167
Statement of Operations		168
Statements of Changes in Net Assets		169
Financial Highlights		170
Notes to Financial Statements		171
Report of Independent Registered Public Accounting Firm		179
Fund Management		180
Board of Directors		182
Voting Proxies on Fund Portfolio Securities		192
Tax Notice to Shareholders		193

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

ii

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations
SA	Special Assessment
REIT	Real Estate Investment Trust
SOFR	Secured Overnight Financing Rate
AUD	Australian Dollars
CAD	Canadian Dollars
DKK	Danish Krone
EUR	Euro
GBP	British Pounds
SEK	Swedish Krona
USD	United States Dollar
NOK	Norwegian Krone
NZD	New Zealand Dollars

Investment Footnotes
^	Denominated in USD, unless otherwise noted.
†	See Note B to Financial Statements.
W	Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.
#	Total or Partial Securities on Loan.
@	Security purchased with cash collateral received from Securities on Loan.
§	Affiliated Fund.
‡	Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. “Other Securities” are those securities that are not among the top 50 holdings in unaffiliated issuers of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities.
*	Non-Income Producing Securities.
(r)	The adjustable rate shown is effective as of October 31, 2022.
~	Security pledged as collateral for Swap Agreements.
«	Security pledged as collateral for Futures Contracts.

1

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

Financial Highlights

** The Net Investment Income (Loss) per share and the ratio of Net Investment Income to Average Net Assets includes the effect of an estimation related to a one time distribution from a real estate investment trust. Net Investment Income (Loss) per share, Net Gain (Loss) per share and the ratio of Net Investment Income to Average Net Assets for the DFA Real Estate Securities Portfolio would have been $0.92, $7.69 and 2.43%, respectively had the effect of this estimation not been considered.

(A) Computed using average shares outstanding.

(B) Represents the combined ratios for the respective Portfolio and its respective pro-rata share of its Master Fund(s).

All Statements, Schedules and Notes to Financial Statements

—	Amounts designated as — are either zero, rounded to zero, or less than $500.
SEC	Securities and Exchange Commission

2

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Enhanced U.S. Large Company Portfolio vs.

S&P 500^® Index

October 31, 2012-October 31, 2022

U.S. Large Cap Equity Portfolio vs.

Russell 1000^® Index

June 25, 2013-October 31, 2022

3

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. Large Cap Value Portfolio vs.

Russell 1000^® Value Index

October 31, 2012-October 31, 2022

U.S. Targeted Value Portfolio — Institutional Class vs.

Russell 2000^® Value Index

October 31, 2012-October 31, 2022

4

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. Targeted Value Portfolio — Class R1 vs.

Russell 2000^® Value Index

October 31, 2012-October 31, 2022

U.S. Targeted Value Portfolio — Class R2 vs.

Russell 2000^® Value Index

October 31, 2012-October 31, 2022

5

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. Small Cap Value Portfolio vs.

Russell 2000^® Value Index

October 31, 2012-October 31, 2022

U.S. Core Equity 1 Portfolio vs.

Russell 3000^® Index

October 31, 2012-October 31, 2022

6

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. Core Equity 2 Portfolio vs.

Russell 3000^® Index

October 31, 2012-October 31, 2022

U.S. Vector Equity Portfolio vs.

Russell 3000^® Index

October 31, 2012-October 31, 2022

7

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. Small Cap Portfolio vs.

Russell 2000^® Index

October 31, 2012-October 31, 2022

U.S. Micro Cap Portfolio vs.

Russell 2000^® Index

October 31, 2012-October 31, 2022

8

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. High Relative Profitability Portfolio vs.

Russell 1000^® Index

May 16, 2017-October 31, 2022

DFA Real Estate Securities Portfolio vs.

S&P 500^® Index, Dow Jones U.S. Select REIT Index

October 31, 2012-October 31, 2022

9

MANAGEMENT’S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 12 Months Ended October 31, 2022

U.S. equities had negative returns for the period. The broad U.S. equity market, as measured by the Russell 3000^® Index, lost approximately -16.52%. As measured by Russell indices, small-cap stocks underperformed large-cap stocks, and mid-cap stocks, a subset of the large-cap universe, underperformed large-cap stocks but outperformed small-cap stocks. Value stocks outperformed growth stocks as measured by the Russell indices.

Total Return for 12 Months Ended October 31, 2022

Russell 3000® Index	-16.52	%
Russell 1000® Index (large-cap stocks)	-16.38	%
Russell Midcap® Index (mid-cap stocks)	-17.17	%
Russell 2000® Index (small-cap stocks)	-18.54	%
Russell Microcap® Index (micro-cap stocks)	-22.29	%
Dow Jones U.S. Select REIT Index SM	-19.97	%

Total Return for 12 Months Ended October 31, 2022

Russell 1000® Value Index (large-cap value stocks)	-7.00	%
Russell 1000® Growth Index (large-cap growth stocks)	-24.60	%
Russell 2000® Value Index (small-cap value stocks)	-10.73	%
Russell 2000® Growth Index (small-cap growth stocks)	-26.02	%

Source: Frank Russell Company is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes.

Enhanced U.S. Large Company Portfolio

The Enhanced U.S. Large Company Portfolio seeks to outperform the total return of the S&P 500^® Index. This strategy uses S&P 500^® Index futures contracts, swaps, and/or ETFs in conjunction with short-term investment grade fixed income instruments. As of October 31, 2022, 100% of the equity exposure consisted of S&P 500^® Index futures contracts. The behavior of S&P 500^® Index futures contracts is determined principally by the performance of the S&P 500^® Index.

For the 12 months ended October 31, 2022, total returns were -19.24% for the Portfolio and -14.61% for the S&P 500^® Index, the Portfolio’s benchmark. The Portfolio’s underperformance relative to the benchmark was primarily due to the performance of the fixed income component of the Portfolio. Realized term premiums were generally negative during the period. As a result, the fixed income component’s allocation to securities with maturities longer than one-year detracted from performance. Realized credit premiums were also generally negative during the period, resulting in the fixed income component’s allocation to corporate securities also detracting from performance. As such, the fixed income component underperformed the financing cost of the S&P 500^® Index futures contracts that the Portfolio held throughout the year.

10

U.S. Large Cap Equity Portfolio

The U.S. Large Cap Equity Portfolio invests in a broadly diversified group of U.S. large-cap securities 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, 2022, the Portfolio held approximately 640 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -14.12% for the Portfolio and -16.38% for the Russell 1000^® Index, the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s emphasis on value stocks contributed positively to relative performance. The Portfolio’s emphasis on higher-profitability stocks also contributed positively to relative performance, as higher-profitability value stocks outperformed lower-profitability growth stocks. Additionally, the Portfolio’s emphasis on stocks with smaller market capitalizations contributed positively to relative performance, as these stocks outperformed.

U.S. Large Cap Value Portfolio

The U.S. Large Cap Value Portfolio is designed to capture the returns of U.S. large-cap value stocks by purchasing shares of The U.S. Large Cap Value Series, a Master Fund managed by Dimensional that invests in such stocks. 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 value segment of the U.S. market. As of October 31, 2022, the Master Fund held approximately 350 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -3.54% for the Portfolio and -7.00% for the Russell 1000^® Value Index, the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Master Fund’s greater emphasis on value stocks as compared to the benchmark contributed positively to the Portfolio’s relative performance. The Master Fund’s emphasis on higher-profitability stocks within the large-cap value segment of the U.S. market also contributed positively to relative performance, as these stocks outperformed. Additionally, the Master Fund’s exclusion of real estate investment trusts (REITs) contributed positively to relative performance, as REITs generally underperformed.

U.S. Targeted Value Portfolio

The U.S. Targeted Value Portfolio invests in a broadly diversified group of U.S. small- and mid-cap value stocks 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, 2022, the Portfolio held approximately 1,370 securities. In general, average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -1.48% for the Portfolio’s Class R1 shares, -1.62% for the Portfolio’s Class R2 shares, -1.39% for the Portfolio’s Institutional Class shares, and -10.73% for the Russell 2000^® Value Index, the Portfolio’s benchmark. The Portfolio’s emphasis on higher-profitability stocks within the small- and mid-cap value segment of the U.S. market contributed positively to relative performance, as these stocks outperformed. With low relative price (value) stocks outperforming high relative price (growth) stocks for the period, the Portfolio’s greater emphasis on value stocks as compared to the benchmark also contributed positively to the Portfolio’s relative performance. Additionally, the Portfolio’s exclusion of real estate investment trusts (REITs) contributed positively to relative performance, as REITs generally underperformed. The Portfolio’s exclusion of stocks with high asset growth also contributed positively to relative performance, as those stocks underperformed.

11

U.S. Small Cap Value Portfolio

The U.S. Small Cap Value Portfolio invests in a broadly diversified group of U.S. small-cap value stocks 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, 2022, the Portfolio held approximately 970 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were 0.58% for the Portfolio and -10.73% for the Russell 2000^® Value Index, the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks for the period, the Portfolio’s greater emphasis on value stocks as compared to the benchmark contributed positively to the Portfolio’s relative performance. The Portfolio’s emphasis on higher-profitability stocks within the small-value segment of the U.S. market also contributed positively to relative performance, as these stocks outperformed. Additionally, the Portfolio’s exclusion of real estate investment trusts (REITs) contributed positively to relative performance, as REITs generally underperformed. The Portfolio’s exclusion of stocks with high asset growth also contributed positively to relative performance, as those stocks underperformed.

U.S. Core Equity 1 Portfolio

The U.S. Core Equity 1 Portfolio invests in a broadly diversified group of U.S. securities with increased exposure to smaller market capitalization stocks, lower relative price (value) stocks, and higher-profitability stocks relative to the market. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2022, the Portfolio held approximately 2,650 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -11.85% for the Portfolio and -16.52% for the Russell 3000^® Index, the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s emphasis on value stocks contributed positively to relative performance. The Portfolio’s emphasis on higher-profitability stocks also contributed positively to relative performance, as higher-profitability value stocks outperformed lower-profitability growth stocks.

U.S. Core Equity 2 Portfolio

The U.S. Core Equity 2 Portfolio invests in a broadly diversified group of U.S. securities with increased exposure to smaller market capitalization stocks, lower relative price (value) stocks, and higher-profitability stocks relative to the U.S. Core Equity 1 Portfolio and the market. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2022, the Portfolio held approximately 2,650 securities. In general, average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

12

For the 12 months ended October 31, 2022, total returns were -11.19% for the Portfolio and -16.52% for the Russell 3000^® Index, the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s emphasis on value stocks contributed positively to relative performance. The Portfolio’s emphasis on higher-profitability stocks also contributed positively to relative performance, as higher-profitability value stocks outperformed lower-profitability growth stocks.

U.S. Vector Equity Portfolio

The U.S. Vector Equity Portfolio invests in a broadly diversified group of U.S. securities with increased exposure to smaller market capitalization stocks, lower relative price (value) stocks, and higher-profitability stocks relative to the market. The Portfolio’s increased exposure to small-cap and value stocks may be achieved by decreasing the allocation to or excluding the largest high relative price (growth) stocks in the U.S. market. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2022, the Portfolio held approximately 2,500 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -7.42% for the Portfolio and -16.52% for the Russell 3000^® Index, the Portfolio’s benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Portfolio’s emphasis on value stocks contributed positively to relative performance.

U.S. Small Cap Portfolio

The U.S. Small Cap Portfolio invests in a broadly diversified group of U.S. small-cap stocks. 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, 2022, the Portfolio held approximately 1,930 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -9.62% for the Portfolio and -18.54% for the Russell 2000^® Index, the Portfolio’s benchmark. The Portfolio’s exclusion of stocks with the lowest profitability and highest relative price contributed positively to performance relative to the benchmark, as those stocks underperformed. The Portfolio’s exclusion of stocks with high asset growth also contributed positively to relative performance, as those stocks underperformed.

U.S. Micro Cap Portfolio

The U.S. Micro Cap Portfolio invests in a broadly diversified group of U.S. micro-cap companies. 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, 2022, the Portfolio held approximately 1,560 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -7.93% for the Portfolio and -18.54% for the Russell 2000^® Index, the Portfolio’s benchmark. The Portfolio’s exclusion of stocks with the lowest profitability and highest relative price contributed positively to relative performance, as those stocks underperformed. Additionally, the Portfolio’s exclusion of stocks with high asset growth contributed positively to relative performance, as those stocks underperformed.

13

U.S. High Relative Profitability Portfolio

The U.S. High Relative Profitability Portfolio seeks to capture the returns of U.S. large-cap stocks with higher profitability. 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 high relative profitability segment of the U.S. market. As of October 31, 2022, the Portfolio held approximately 170 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -8.55% for the Portfolio and -16.38% for the Russell 1000^® Index, the Portfolio’s benchmark. The Portfolio’s focus on stocks with high profitability contributed positively to performance relative to the benchmark, as stocks with high profitability generally outperformed stocks with low profitability for the period.

DFA Real Estate Securities Portfolio

The DFA Real Estate Securities Portfolio invests in a broadly diversified group of U.S. real estate securities. As of October 31, 2022, the Portfolio held approximately 140 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, total returns were -19.38% for the Portfolio, -14.61% for the S&P 500^® Index, and -19.97% for the Dow Jones U.S. Select REIT Index, the Portfolio’s benchmarks. Differences in REIT eligibility between the Portfolio and the Dow Jones U.S. Select REIT Index contributed positively to the Portfolio’s performance relative to the benchmark, most notably among entertainment and data center REITs. The Portfolio includes entertainment and data center REITs, which are held by the benchmark at a lower weight, and these securities generally outperformed.

14

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, 2022

EXPENSE TABLES
	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Enhanced U.S. Large Company Portfolio
Actual Fund Return	$	1,000.00	$	921.70		0.15	%	$	0.73
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.45		0.15	%	$	0.77
U.S. Large Cap Equity Portfolio
Actual Fund Return	$	1,000.00	$	951.80		0.13	%	$	0.64
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.55		0.13	%	$	0.66

15

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
U.S. Large Cap Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	993.40		0.21	%	$	1.06
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.15		0.21	%	$	1.07
U.S. Targeted Value Portfolio
Actual Fund Return
Class R1 Shares	$	1,000.00	$	1,021.80		0.40	%	$	2.04
Class R2 Shares	$	1,000.00	$	1,021.20		0.54	%	$	2.75
Institutional Class Shares	$	1,000.00	$	1,022.00		0.30	%	$	1.53
Hypothetical 5% Annual Return
Class R1 Shares	$	1,000.00	$	1,023.19		0.40	%	$	2.04
Class R2 Shares	$	1,000.00	$	1,022.48		0.54	%	$	2.75
Institutional Class Shares	$	1,000.00	$	1,023.69		0.30	%	$	1.53
U.S. Small Cap Value Portfolio
Actual Fund Return	$	1,000.00	$	1,035.30		0.33	%	$	1.69
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.54		0.33	%	$	1.68
U.S. Core Equity 1 Portfolio
Actual Fund Return	$	1,000.00	$	965.80		0.14	%	$	0.69
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.50		0.14	%	$	0.71
U.S. Core Equity 2 Portfolio
Actual Fund Return	$	1,000.00	$	969.10		0.18	%	$	0.89
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.30		0.18	%	$	0.92
U.S. Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	996.10		0.28	%	$	1.41
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.79		0.28	%	$	1.43
U.S. Small Cap Portfolio
Actual Fund Return	$	1,000.00	$	1,011.40		0.29	%	$	1.47
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.74		0.29	%	$	1.48
U.S. Micro Cap Portfolio
Actual Fund Return	$	1,000.00	$	1,019.40		0.41	%	$	2.09
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.14		0.41	%	$	2.09
U.S. High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	967.70		0.23	%	$	1.14
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.23	%	$	1.17

16

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	818.30		0.18	%	$	0.82
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.30		0.18	%	$	0.92

(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.

(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).

17

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 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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

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

PORTFOLIO HOLDINGS

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

The categories of industry classification for the Affiliated Investment Company are represented in its Disclosure of Portfolio Holdings, which is included elsewhere in the report. Refer to the Summary Schedule of Portfolio Holdings for the Affiliated Investment Company’s holdings, which reflect the investments by category or country.

FEEDER FUND

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

ENHANCED DOMESTIC EQUITY PORTFOLIO

Enhanced U.S. Large Company Portfolio
Basic Materials	1.6	%
Communications	0.4	%
Consumer, Cyclical	7.9	%
Consumer, Non-cyclical	11.9	%
Energy	5.7	%
Financial	38.5	%
Foreign Government	5.0	%
Industrial	2.1	%
Supranational	0.9	%
Technology	2.0	%
U.S. Government	22.4	%
Utilities	1.6	%
	100.0	%

18

DOMESTIC EQUITY PORTFOLIOS

U.S. Large Cap Equity Portfolio
Communication Services	7.2	%
Consumer Discretionary	10.0	%
Consumer Staples	7.4	%
Energy	7.3	%
Financials	12.7	%
Health Care	14.8	%
Industrials	10.4	%
Information Technology	23.8	%
Materials	3.9	%
Real Estate	0.1	%
Utilities	2.4	%
	100.0	%

U.S. Targeted Value Portfolio
Communication Services	2.5	%
Consumer Discretionary	11.6	%
Consumer Staples	4.2	%
Energy	9.9	%
Financials	29.3	%
Health Care	5.0	%
Industrials	18.5	%
Information Technology	9.2	%
Materials	8.4	%
Real Estate	0.9	%
Utilities	0.5	%
	100.0	%

U.S. Small Cap Value Portfolio
Communication Services	2.2	%
Consumer Discretionary	12.4	%
Consumer Staples	4.6	%
Energy	11.3	%
Financials	29.6	%
Health Care	4.3	%
Industrials	19.8	%
Information Technology	7.7	%
Materials	7.1	%
Real Estate	0.7	%
Utilities	0.3	%
	100.0	%

U.S. Core Equity 1 Portfolio
Communication Services	6.3	%
Consumer Discretionary	11.2	%
Consumer Staples	6.7	%
Energy	7.1	%
Financials	14.5	%
Health Care	12.9	%
Industrials	12.3	%
Information Technology	21.7	%
Materials	4.4	%
Real Estate	0.2	%
Utilities	2.7	%
	100.0	%

U.S. Core Equity 2 Portfolio
Communication Services	5.6	%
Consumer Discretionary	10.2	%
Consumer Staples	6.5	%
Energy	6.7	%
Financials	15.2	%
Health Care	12.8	%
Industrials	14.1	%
Information Technology	21.8	%
Materials	4.8	%
Real Estate	0.3	%
Utilities	2.0	%
	100.0	%

U.S. Vector Equity Portfolio
Communication Services	5.1	%
Consumer Discretionary	10.0	%
Consumer Staples	5.0	%
Energy	10.9	%
Financials	23.1	%
Health Care	10.2	%
Industrials	16.5	%
Information Technology	9.9	%
Materials	7.6	%
Real Estate	0.5	%
Utilities	1.2	%
	100.0	%

U.S. Small Cap Portfolio
Communication Services	2.7	%
Consumer Discretionary	12.1	%
Consumer Staples	4.4	%
Energy	6.2	%
Financials	22.0	%
Health Care	10.5	%
Industrials	20.3	%
Information Technology	11.7	%
Materials	6.3	%
Real Estate	0.4	%
Utilities	3.4	%
	100.0	%

U.S. Micro Cap Portfolio
Communication Services	2.6	%
Consumer Discretionary	11.7	%
Consumer Staples	5.3	%
Energy	7.7	%
Financials	22.5	%
Health Care	11.2	%
Industrials	18.1	%
Information Technology	12.3	%
Materials	5.3	%
Real Estate	0.8	%
Utilities	2.5	%
	100.0	%

U.S. High Relative Profitability Portfolio
Communication Services	2.7	%
Consumer Discretionary	15.0	%
Consumer Staples	12.1	%
Energy	3.3	%
Financials	4.0	%
Health Care	15.0	%
Industrials	12.6	%
Information Technology	32.5	%
Materials	2.7	%
Utilities	0.1	%
	100.0	%

DFA Real Estate Securities Portfolio
Real Estate	100.0	%
	100.0	%

19

ENHANCED U.S. LARGE COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

		Face Amount^		Value†
		(000)
BONDS — (75.6%)
AUSTRALIA — (1.0%)
Glencore Funding LLC
W	4.125%, 05/30/23		1,000	$	989,339
	4.125%, 05/30/23		500		494,669
W	4.625%, 04/29/24		1,150		1,130,394
TOTAL AUSTRALIA					2,614,402
CANADA — (6.0%)
Bank of Nova Scotia
	0.700%, 04/15/24		3,000		2,800,091
Canadian Imperial Bank of Commerce
	3.100%, 04/02/24		2,750		2,664,940
Canadian Natural Resources Ltd.
	3.900%, 02/01/25		2,450		2,362,592
Enbridge, Inc.
	2.150%, 02/16/24		500		480,760
Toronto-Dominion Bank
	2.850%, 03/08/24	CAD	9,500		6,764,884
TOTAL CANADA					15,073,267
DENMARK — (0.2%)
Denmark Government Bond
	0.000%, 11/15/24	DKK	5,000		634,445
FRANCE — (3.8%)
BNP Paribas SA
W	3.375%, 01/09/25		1,900		1,796,118
BPCE SA
W	2.375%, 01/14/25		2,265		2,077,966
Credit Agricole SA
#W	3.875%, 04/15/24		3,300		3,230,489
Societe Generale SA
W	3.875%, 03/28/24		500		481,303
#W	2.625%, 10/16/24		2,000		1,865,430
TOTAL FRANCE					9,451,306
GERMANY — (6.1%)
Bayer U.S. Finance LLC
W	3.375%, 10/08/24		2,500		2,403,458
BMW U.S. Capital LLC
W	0.750%, 08/12/24		458		422,969
W	3.900%, 04/09/25		2,022		1,953,886
	3.900%, 04/09/25		253		244,478
Daimler Trucks Finance North America LLC
W	3.500%, 04/07/25		1,871		1,770,546
Deutsche Bank AG
	3.950%, 02/27/23		2,350		2,333,727

		Face Amount^			Value†
		(000)
GERMANY — (Continued)
EMD Finance LLC
W	3.250%, 03/19/25			2,886	$	2,750,276
Mercedes-Benz Finance North America LLC
#W	3.250%, 08/01/24			1,750		1,688,064
Volkswagen Group of America Finance LLC
W	0.875%, 11/22/23			2,000		1,903,859
TOTAL GERMANY						15,471,263
IRELAND — (1.2%)
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
	2.875%, 08/14/24			2,300		2,155,096
Ireland Government Bond
	5.400%, 03/13/25		EUR	900		956,313
TOTAL IRELAND						3,111,409
ITALY — (1.7%)
Intesa Sanpaolo SpA
W	3.250%, 09/23/24			2,202		2,055,482
Republic of Italy Government International Bond
	2.375%, 10/17/24			2,500		2,330,005
TOTAL ITALY						4,385,487
JAPAN — (5.1%)
Aircastle Ltd.
#	4.125%, 05/01/24			2,400		2,287,214
American Honda Finance Corp.
	0.550%, 07/12/24			1,000		927,037
Nomura Holdings, Inc.
	2.648%, 01/16/25			2,500		2,340,100
Sumitomo Mitsui Financial Group, Inc.
#	3.748%, 07/19/23			2,000		1,977,102
	2.696%, 07/16/24			1,100		1,047,596
Sumitomo Mitsui Trust Bank Ltd.
	0.850%, 03/25/24			2,000		1,872,108
Toyota Motor Credit Corp.
	0.625%, 09/13/24			1,000		924,637
#	1.450%, 01/13/25			1,500		1,389,717
TOTAL JAPAN						12,765,511

20

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Face Amount^			Value†
		(000)
NETHERLANDS — (4.1%)
BNG Bank NV
	2.000%, 04/12/24		GBP	500	$	557,045
	5.250%, 05/20/24		AUD	10,000		6,505,124
Cooperatieve Rabobank UA
W	2.625%, 07/22/24			3,500		3,333,660
TOTAL NETHERLANDS						10,395,829
NORWAY — (1.4%)
Kommunalbanken AS
	5.250%, 07/15/24		AUD	5,300		3,448,554
SPAIN — (0.8%)
Banco Santander SA
	2.706%, 06/27/24			1,200		1,139,132
Santander Holdings USA, Inc.
	3.500%, 06/07/24			1,000		958,950
TOTAL SPAIN						2,098,082
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (0.9%)
European Union
	0.800%, 07/04/25		EUR	1,000		946,311
International Finance Corp.
	1.450%, 07/22/24		AUD	2,000		1,224,994
TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS						2,171,305
SWEDEN — (2.0%)
Kommuninvest I Sverige AB
	1.000%, 10/02/24		SEK	50,000		4,329,480
Sweden Government Bond
	2.500%, 05/12/25		SEK	7,500		680,558
TOTAL SWEDEN						5,010,038
SWITZERLAND — (1.4%)
UBS AG
W	0.700%, 08/09/24			3,750		3,445,254
UNITED KINGDOM — (4.3%)
BAT Capital Corp.
	3.222%, 08/15/24			1,000		955,758
CNH Industrial Capital LLC
	1.950%, 07/02/23			1,094		1,068,313
HSBC USA, Inc.
	3.500%, 06/23/24			1,100		1,060,181
Nationwide Building Society
W	0.550%, 01/22/24			1,475		1,383,731
NatWest Markets PLC
W	2.375%, 05/21/23			2,000		1,956,712
W	0.800%, 08/12/24			1,650		1,507,288

		Face Amount^		Value†
		(000)
UNITED KINGDOM — (Continued)
Reckitt Benckiser Treasury Services PLC
	2.750%, 06/26/24		2,000	$	1,917,899
W	2.750%, 06/26/24		958		918,674
TOTAL UNITED KINGDOM					10,768,556
UNITED STATES — (35.6%)
Air Lease Corp.
	2.250%, 01/15/23		1,610		1,599,012
Allstate Corp.
#	3.150%, 06/15/23		852		842,667
Ally Financial, Inc.
	3.875%, 05/21/24		484		467,393
American Express Co.
	3.375%, 05/03/24		2,075		2,012,545
American Tower Corp.
#	0.600%, 01/15/24		500		472,479
American Water Capital Corp.
	3.400%, 03/01/25		2,600		2,496,746
Ameriprise Financial, Inc.
	3.000%, 04/02/25		1,814		1,721,646
Amgen, Inc.
#	3.125%, 05/01/25		3,000		2,867,580
Ares Capital Corp.
#	4.200%, 06/10/24		2,500		2,405,074
Arrow Electronics, Inc.
	3.250%, 09/08/24		1,500		1,431,182
Boardwalk Pipelines LP
	4.950%, 12/15/24		1,500		1,483,190
Brixmor Operating Partnership LP
	3.850%, 02/01/25		1,800		1,719,827
Capital One Financial Corp.
	3.200%, 02/05/25		600		567,232
Cardinal Health, Inc.
	3.079%, 06/15/24		2,750		2,650,396
Chubb INA Holdings, Inc.
	3.150%, 03/15/25		1,500		1,432,053
Cigna Corp.
	3.750%, 07/15/23		1,082		1,070,837
	3.250%, 04/15/25		1,900		1,811,787
Discover Bank
	2.450%, 09/12/24		750		703,845
Discover Financial Services
	3.950%, 11/06/24		1,500		1,445,629
Edison International
	3.550%, 11/15/24		1,500		1,438,231
Elevance Health, Inc.
	3.500%, 08/15/24		200		194,078
	2.375%, 01/15/25		2,800		2,631,231
Energy Transfer LP
	2.900%, 05/15/25		2,000		1,856,560
EOG Resources, Inc.
	3.150%, 04/01/25		2,107		2,018,788

21

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
ERAC USA Finance LLC
W	3.850%, 11/15/24		3,000	$	2,892,053
Fidelity National Information Services, Inc.
	0.600%, 03/01/24		2,500		2,350,888
General Motors Financial Co., Inc.
	1.050%, 03/08/24		500		468,859
	3.800%, 04/07/25		1,500		1,417,706
Gilead Sciences, Inc.
	3.500%, 02/01/25		1,000		965,277
Global Payments, Inc.
	3.750%, 06/01/23		1,000		989,772
	4.000%, 06/01/23		1,500		1,487,892
International Business Machines Corp.
	3.000%, 05/15/24		2,700		2,619,916
JPMorgan Chase & Co.
	3.625%, 05/13/24		474		464,320
Kilroy Realty LP
	3.450%, 12/15/24		900		851,289
Kinder Morgan Energy Partners LP
#	4.250%, 09/01/24		1,500		1,464,409
Lazard Group LLC
	3.750%, 02/13/25		1,500		1,442,785
Lincoln National Corp.
#	4.000%, 09/01/23		1,500		1,487,096
MPLX LP
	4.875%, 12/01/24		1,250		1,227,067
Mylan, Inc.
W	3.125%, 01/15/23		2,650		2,633,544
Nuveen Finance LLC
W	4.125%, 11/01/24		2,500		2,421,231
Omnicom Group, Inc./Omnicom Capital, Inc.
	3.650%, 11/01/24		1,004		968,664
ONEOK, Inc.
	2.750%, 09/01/24		360		341,584
Penske Truck Leasing Co. LP/PTL Finance Corp.
W	4.125%, 08/01/23		578		570,505
W	2.700%, 11/01/24		1,183		1,106,753
Phillips 66
#	3.850%, 04/09/25		2,500		2,419,034
PNC Financial Services Group, Inc.
	2.200%, 11/01/24		248		233,832
Realty Income Corp.
	3.875%, 07/15/24		2,500		2,441,734

		Face Amount^			Value†
		(000)
UNITED STATES — (Continued)
Schlumberger Holdings Corp.
W	3.750%, 05/01/24			400	$	391,231
Sherwin-Williams Co.
#	4.050%, 08/08/24			1,389		1,362,739
Simon Property Group LP
	2.000%, 09/13/24			3,650		3,430,293
Stellantis NV
	5.250%, 04/15/23			1,000		996,270
Truist Bank
	1.500%, 03/10/25			1,000		913,844
Ventas Realty LP
	3.500%, 02/01/25			400		379,764
VF Corp.
	2.400%, 04/23/25			3,000		2,788,073
Vornado Realty LP
	3.500%, 01/15/25			2,565		2,384,002
Walgreens Boots Alliance, Inc.
	3.800%, 11/18/24			2,500		2,427,204
Waste Management, Inc.
	2.400%, 05/15/23			900		889,058
Wells Fargo & Co.
	3.300%, 09/09/24			3,000		2,897,972
TOTAL UNITED STATES						89,466,668
TOTAL BONDS						190,311,376
U.S. TREASURY OBLIGATIONS — (21.8%)
U.S. Treasury Notes
	0.875%, 01/31/24			5,900		5,629,199
	0.375%, 04/15/24			52,300		49,168,129
TOTAL U.S. TREASURY OBLIGATIONS						54,797,328
TOTAL INVESTMENT SECURITIES (Cost $257,901,337)						245,108,704
			Shares
SECURITIES LENDING COLLATERAL — (2.6%)
@§	The DFA Short Term Investment Fund			561,410		6,490,463
TOTAL INVESTMENTS — (100.0%) (Cost $264,394,210)					$	251,599,167

22

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

As of October 31, 2022, Enhanced U.S. Large Company Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	5,035,537	SEK	53,435,779	Bank of America Corp.		11/29/22	$	187,408
USD	217,745	SEK	2,325,834	Citibank, N.A.		11/29/22		6,726
USD	16,073,816	CAD	21,123,846	Bank of America Corp.		12/01/22		565,831
CAD	4,969,938	USD	3,620,243	Bank of America Corp.		12/01/22		28,417
EUR	2,497,738	USD	2,443,097	Bank of America Corp.		12/15/22		33,853
USD	2,549,965	EUR	2,535,119	Citibank, N.A.		12/15/22		35,946
EUR	66,732	USD	65,407	Citibank, N.A.		12/15/22		770
USD	2,005,986	EUR	1,996,097	State Street Bank and Trust		12/15/22		26,502
USD	653,102	DKK	4,826,118	Bank of America Corp.		12/19/22		9,910
DKK	53,414	USD	6,927	Citibank, N.A.		12/19/22		191
NOK	50,903,572	USD	4,776,774	Bank of America Corp.		12/22/22		128,182
USD	6,286	GBP	5,401	Citibank, N.A.		01/17/23		76
Total Appreciation							$	1,023,812
CAD	6,887,521	USD	5,257,754	NatWest Markets PLC		12/01/22	$	(201,308	)
USD	4,740,728	NOK	50,903,572	Bank of America Corp.		12/22/22		(164,228	)
USD	555,654	GBP	488,974	Citibank, N.A.		01/17/23		(6,609	)
USD	11,111,861	AUD	17,524,964	UBS AG		01/24/23		(129,780	)
Total (Depreciation)							$	(501,925	)
Total Appreciation (Depreciation)							$	521,887

As of October 31, 2022, Enhanced U.S. Large Company Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		1,351		12/16/22	$	279,825,603	$	262,296,650	$	(17,528,953	)
Total Futures Contracts					$	279,825,603	$	262,296,650	$	(17,528,953	)

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Bonds
Australia		—	$	2,614,402		—	$	2,614,402
Canada		—		15,073,267		—		15,073,267
Denmark		—		634,445		—		634,445
France		—		9,451,306		—		9,451,306
Germany		—		15,471,263		—		15,471,263
Ireland		—		3,111,409		—		3,111,409
Italy		—		4,385,487		—		4,385,487
Japan		—		12,765,511		—		12,765,511
Netherlands		—		10,395,829		—		10,395,829
Norway		—		3,448,554		—		3,448,554

23

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Spain		—		$	2,098,082		—	$	2,098,082
Supranational Organization Obligations		—			2,171,305		—		2,171,305
Sweden		—			5,010,038		—		5,010,038
Switzerland		—			3,445,254		—		3,445,254
United Kingdom		—			10,768,556		—		10,768,556
United States		—			89,466,668		—		89,466,668
U.S. Treasury Obligations		—			54,797,328		—		54,797,328
Securities Lending Collateral		—			6,490,463		—		6,490,463
Forward Currency Contracts**		—			521,887		—		521,887
Futures Contracts**	$	(17,528,953	)		—		—		(17,528,953	)
TOTAL	$	(17,528,953	)	$	252,121,054		—	$	234,592,101

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

See accompanying Notes to Financial Statements.

24

U.S. LARGE CAP EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.4%)
COMMUNICATION SERVICES — (7.1%)
*	Alphabet, Inc., Class A		247,880	$	23,427,139		1.5	%
*	Alphabet, Inc., Class C		244,680		23,161,409		1.4	%
	AT&T, Inc.		327,534		5,970,945		0.4	%
	Comcast Corp., Class A		202,364		6,423,033		0.4	%
*	Meta Platforms, Inc., Class A		111,797		10,415,009		0.7	%
	Verizon Communications, Inc.		260,444		9,732,792		0.6	%
*	Walt Disney Co.		66,764		7,113,037		0.4	%
	Other Securities				29,258,944		1.8	%
TOTAL COMMUNICATION SERVICES					115,502,308		7.2	%
CONSUMER DISCRETIONARY — (10.0%)
*	Amazon.com, Inc.		340,423		34,872,932		2.2	%
	Home Depot, Inc.		37,872		11,215,035		0.7	%
	McDonald’s Corp.		27,606		7,527,052		0.5	%
*	Tesla, Inc.		78,014		17,751,306		1.1	%
	Other Securities				89,560,002		5.5	%
TOTAL CONSUMER DISCRETIONARY					160,926,327		10.0	%
CONSUMER STAPLES — (7.4%)
	Coca-Cola Co.		195,899		11,724,555		0.7	%
	Costco Wholesale Corp.		19,258		9,657,887		0.6	%
	PepsiCo, Inc.		67,647		12,283,342		0.8	%
	Procter & Gamble Co.		124,570		16,775,842		1.0	%
	Walmart, Inc.		81,268		11,566,874		0.7	%
	Other Securities				57,294,337		3.6	%
TOTAL CONSUMER STAPLES					119,302,837		7.4	%
ENERGY — (7.2%)
	Chevron Corp.		83,248		15,059,563		0.9	%
	ConocoPhillips		81,906		10,327,527		0.6	%
	Exxon Mobil Corp.		208,006		23,049,145		1.4	%
	Occidental Petroleum Corp.		86,582		6,285,853		0.4	%
	Other Securities				61,829,610		3.9	%
TOTAL ENERGY					116,551,698		7.2	%
FINANCIALS — (12.6%)
	Bank of America Corp.		264,974		9,549,663		0.6	%
*	Berkshire Hathaway, Inc., Class B		64,967		19,171,112		1.2	%
	JPMorgan Chase & Co.		129,476		16,298,439		1.0	%
	Wells Fargo & Co.		129,052		5,935,101		0.4	%
	Other Securities				153,193,881		9.5	%
TOTAL FINANCIALS					204,148,196		12.7	%
HEALTH CARE — (14.7%)
	Abbott Laboratories		64,829		6,414,181		0.4	%
	AbbVie, Inc.		83,873		12,279,007		0.8	%
	Amgen, Inc.		25,355		6,854,724		0.4	%
	Bristol-Myers Squibb Co.		139,451		10,803,269		0.7	%
	Danaher Corp.		24,535		6,174,723		0.4	%
	Eli Lilly & Co.		40,436		14,641,471		0.9	%
	Johnson & Johnson		117,383		20,421,121		1.3	%

25

U.S. LARGE CAP EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Merck & Co., Inc.		127,000	$	12,852,400		0.8	%
	Pfizer, Inc.		274,999		12,801,203		0.8	%
	Thermo Fisher Scientific, Inc.		15,127		7,774,824		0.5	%
	UnitedHealth Group, Inc.		34,736		19,283,690		1.2	%
	Other Securities				107,836,890		6.6	%
TOTAL HEALTH CARE					238,137,503		14.8	%
INDUSTRIALS — (10.3%)
	Caterpillar, Inc.		27,838		6,025,814		0.4	%
	Deere & Co.		15,154		5,998,256		0.4	%
	Honeywell International, Inc.		30,366		6,195,271		0.4	%
	Union Pacific Corp.		30,201		5,953,825		0.4	%
	United Parcel Service, Inc., Class B		36,051		6,048,276		0.4	%
	Other Securities				136,805,608		8.3	%
TOTAL INDUSTRIALS					167,027,050		10.3	%
INFORMATION TECHNOLOGY — (23.7%)
	Accenture PLC, Class A		31,098		8,828,722		0.6	%
	Apple, Inc.		551,638		84,588,171		5.2	%
	Broadcom, Inc.		19,205		9,028,655		0.6	%
	Cisco Systems, Inc.		204,190		9,276,352		0.6	%
	Mastercard, Inc., Class A		43,149		14,160,639		0.9	%
	Microsoft Corp.		305,889		71,006,014		4.4	%
	NVIDIA Corp.		88,334		11,922,440		0.7	%
	QUALCOMM, Inc.		55,147		6,488,596		0.4	%
	Texas Instruments, Inc.		43,768		7,030,454		0.4	%
#	Visa, Inc., Class A		70,849		14,677,079		0.9	%
	Other Securities				146,236,339		9.0	%
TOTAL INFORMATION TECHNOLOGY					383,243,461		23.7	%
MATERIALS — (3.8%)
	Other Securities				61,923,513		3.8	%
REAL ESTATE — (0.2%)
	Other Securities				2,387,112		0.1	%
UTILITIES — (2.4%)
	Other Securities				38,607,339		2.4	%
TOTAL COMMON STOCKS (Cost $856,972,321)					1,607,757,344		99.6	%
TEMPORARY CASH INVESTMENTS — (0.2%)
	State Street Institutional U.S. Government Money Market Fund , 3.010%		2,643,219		2,643,219		0.2	%
SECURITIES LENDING COLLATERAL — (0.4%)
@§	The DFA Short Term Investment Fund		634,320		7,333,371		0.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $866,951,554)				$	1,617,733,934		100.2	%

26

U.S. LARGE CAP EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	115,502,308		—		—	$	115,502,308
Consumer Discretionary		160,926,327		—		—		160,926,327
Consumer Staples		119,302,837		—		—		119,302,837
Energy		116,551,698		—		—		116,551,698
Financials		204,148,196		—		—		204,148,196
Health Care		238,137,503		—		—		238,137,503
Industrials		167,027,050		—		—		167,027,050
Information Technology		383,243,461		—		—		383,243,461
Materials		61,923,513		—		—		61,923,513
Real Estate		2,387,112		—		—		2,387,112
Utilities		38,607,339		—		—		38,607,339
Temporary Cash Investments		2,643,219		—		—		2,643,219
Securities Lending Collateral		—	$	7,333,371		—		7,333,371
TOTAL	$	1,610,400,563	$	7,333,371		—	$	1,617,733,934

See accompanying Notes to Financial Statements.

27

U.S. LARGE CAP VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	23,311,526,782
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	23,311,526,782

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

28

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (92.2%)
COMMUNICATION SERVICES — (2.3%)
#	Nexstar Media Group, Inc., Class A		313,260	$	53,661,438		0.5	%
	Other Securities				239,309,849		2.0	%
TOTAL COMMUNICATION SERVICES					292,971,287		2.5	%
CONSUMER DISCRETIONARY — (10.7%)
#*	AutoNation, Inc.		613,475		65,218,527		0.6	%
	BorgWarner, Inc.		1,734,241		65,086,065		0.6	%
#	Dillard’s, Inc., Class A		166,142		54,625,828		0.5	%
#	Penske Automotive Group, Inc.		522,178		58,285,508		0.5	%
	Toll Brothers, Inc.		1,187,844		51,172,320		0.4	%
	Other Securities				1,069,086,708		8.9	%
TOTAL CONSUMER DISCRETIONARY					1,363,474,956		11.5	%
CONSUMER STAPLES — (3.9%)
#	Molson Coors Beverage Co., Class B		1,044,889		52,693,752		0.5	%
*	Post Holdings, Inc.		490,446		44,346,127		0.4	%
	Other Securities				396,750,151		3.3	%
TOTAL CONSUMER STAPLES					493,790,030		4.2	%
ENERGY — (9.2%)
#	EQT Corp.		1,036,269		43,357,495		0.4	%
	HF Sinclair Corp.		1,452,267		88,835,172		0.8	%
#	Matador Resources Co.		841,863		55,941,796		0.5	%
#	Murphy Oil Corp.		1,454,666		70,565,848		0.6	%
*	PBF Energy, Inc., Class A		1,099,741		48,663,539		0.4	%
#	PDC Energy, Inc.		844,689		60,935,864		0.5	%
	Range Resources Corp.		2,123,103		60,465,973		0.5	%
	SM Energy Co.		933,660		41,996,027		0.4	%
	Other Securities				693,650,793		5.7	%
TOTAL ENERGY					1,164,412,507		9.8	%
FINANCIALS — (27.0%)
#	Bank OZK		1,161,169		49,907,044		0.4	%
	Everest Re Group Ltd.		161,381		52,071,193		0.4	%
	First Horizon Corp.		3,817,193		93,559,400		0.8	%
#	Invesco Ltd.		3,332,133		51,048,278		0.4	%
	M&T Bank Corp.		275,945		46,460,860		0.4	%
	Old National Bancorp		2,170,768		42,460,222		0.4	%
	Old Republic International Corp.		1,964,925		45,605,909		0.4	%
	Popular, Inc.		712,592		50,394,506		0.4	%
	Reinsurance Group of America, Inc.		358,439		52,751,468		0.5	%
	United Bankshares, Inc.		1,035,724		43,862,911		0.4	%
	Unum Group		1,531,145		69,804,901		0.6	%
#	Voya Financial, Inc.		911,052		62,279,515		0.5	%
	Zions Bancorp NA		927,029		48,149,886		0.4	%
	Other Securities				2,726,712,928		23.0	%
TOTAL FINANCIALS					3,435,069,021		29.0	%
HEALTH CARE — (4.6%)
*	Acadia Healthcare Co., Inc.		731,391		59,462,088		0.5	%

29

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Other Securities			$	520,557,595		4.4	%
TOTAL HEALTH CARE					580,019,683		4.9	%
INDUSTRIALS — (17.0%)
	AGCO Corp.		369,245		45,849,152		0.4	%
	Air Lease Corp.		1,251,656		44,170,940		0.4	%
	AMERCO		99,942		57,485,639		0.5	%
*	Builders FirstSource, Inc.		683,763		42,160,827		0.4	%
	Knight-Swift Transportation Holdings, Inc.		1,354,350		65,049,431		0.6	%
#	Triton International Ltd.		702,859		42,656,513		0.4	%
*	WESCO International, Inc.		364,471		50,213,170		0.4	%
	Other Securities				1,814,297,834		15.1	%
TOTAL INDUSTRIALS					2,161,883,506		18.2	%
INFORMATION TECHNOLOGY — (8.4%)
#	Amkor Technology, Inc.		2,293,308		47,677,873		0.4	%
*	Arrow Electronics, Inc.		718,921		72,797,940		0.6	%
*	First Solar, Inc.		383,688		55,853,462		0.5	%
*	Flex Ltd.		2,308,000		45,190,640		0.4	%
	Other Securities				850,686,881		7.1	%
TOTAL INFORMATION TECHNOLOGY					1,072,206,796		9.0	%
MATERIALS — (7.8%)
	Alcoa Corp.		1,140,009		44,494,551		0.4	%
	Commercial Metals Co.		1,098,131		49,964,960		0.4	%
	Huntsman Corp.		2,107,477		56,396,085		0.5	%
	Olin Corp.		1,005,237		53,227,299		0.5	%
	Reliance Steel & Aluminum Co.		529,742		106,732,418		0.9	%
	Steel Dynamics, Inc.		793,920		74,668,176		0.6	%
#	Westlake Corp.		504,897		48,798,295		0.4	%
	Other Securities				553,180,830		4.6	%
TOTAL MATERIALS					987,462,614		8.3	%
REAL ESTATE — (0.8%)
*	Jones Lang LaSalle, Inc.		280,292		44,591,654		0.4	%
	Other Securities				58,054,080		0.5	%
TOTAL REAL ESTATE					102,645,734		0.9	%
UTILITIES — (0.5%)
	Other Securities				60,557,538		0.5	%
TOTAL COMMON STOCKS					11,714,493,672		98.8	%
PREFERRED STOCKS — (0.1%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				381,897		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				348,438		0.0	%
INDUSTRIALS — (0.1%)
	Other Security				4,713,795		0.1	%
TOTAL PREFERRED STOCKS					5,444,130		0.1	%

30

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
INDUSTRIALS — (0.0%)
Other Security			$	78,296		0.0	%
TOTAL RIGHTS/WARRANTS				78,296		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $7,947,185,135)				11,720,016,098
TEMPORARY CASH INVESTMENTS — (1.0%)
State Street Institutional U.S. Government Money Market Fund, 3.010%		125,772,732		125,772,732		1.1	%
SECURITIES LENDING COLLATERAL — (6.7%)
@§   The DFA Short Term Investment Fund		74,059,114		856,197,418		7.2	%
TOTAL INVESTMENTS—(100.0%) (Cost $8,929,470,746)			$	12,701,986,248		107.2	%

As of October 31, 2022, U.S. Targeted Value Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		668		12/16/22	$	126,532,018	$	129,692,200	$	3,160,182
Total Futures Contracts					$	126,532,018	$	129,692,200	$	3,160,182

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	292,971,287		—		—	$	292,971,287
Consumer Discretionary		1,363,451,293		—	$	23,663		1,363,474,956
Consumer Staples		493,778,081	$	11,949		—		493,790,030
Energy		1,164,412,507		—		—		1,164,412,507
Financials		3,434,956,776		112,245		—		3,435,069,021
Health Care		574,880,260		—		5,139,423		580,019,683
Industrials		2,161,799,530		83,976		—		2,161,883,506
Information Technology		1,072,206,796		—		—		1,072,206,796
Materials		987,462,614		—		—		987,462,614
Real Estate		102,645,734		—		—		102,645,734
Utilities		60,557,538		—		—		60,557,538
Preferred Stocks
Communication Services		381,897		—		—		381,897
Consumer Discretionary		348,438		—		—		348,438
Industrials		4,713,795		—		—		4,713,795
Rights/Warrants
Industrials		—		—		78,296		78,296
Temporary Cash Investments		125,772,732		—		—		125,772,732

31

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	856,197,418		—		$	856,197,418
Futures Contracts**	$	3,160,182		—		—			3,160,182
TOTAL	$	11,843,499,460	$	856,405,588	$	5,241,382	^	$	12,705,146,430

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

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

See accompanying Notes to Financial Statements.

32

U.S. SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (93.0%)
COMMUNICATION SERVICES — (2.0%)
	Other Securities			$	304,944,430		2.1	%
CONSUMER DISCRETIONARY — (11.5%)
#	Dillard’s, Inc., Class A		277,204		91,141,903		0.7	%
*	Goodyear Tire & Rubber Co.		6,506,480		82,632,296		0.6	%
#	Group 1 Automotive, Inc.		405,902		70,221,046		0.5	%
#	Penske Automotive Group, Inc.		809,749		90,384,183		0.6	%
#*	Taylor Morrison Home Corp.		2,911,839		76,697,839		0.5	%
	Other Securities				1,343,387,024		9.3	%
TOTAL CONSUMER DISCRETIONARY					1,754,464,291		12.2	%
CONSUMER STAPLES — (4.3%)
#*	Hostess Brands, Inc.		2,976,455		78,816,528		0.6	%
	Seaboard Corp.		17,242		64,595,084		0.5	%
	Other Securities				517,021,302		3.5	%
TOTAL CONSUMER STAPLES					660,432,914		4.6	%
ENERGY — (10.5%)
#*	Antero Resources Corp.		2,885,292		105,774,805		0.7	%
#*	CNX Resources Corp.		4,881,877		82,064,352		0.6	%
#	Helmerich & Payne, Inc.		1,496,863		74,109,687		0.5	%
	HF Sinclair Corp.		1,754,256		107,307,840		0.8	%
#	Matador Resources Co.		1,315,903		87,441,754		0.6	%
#	Murphy Oil Corp.		3,064,220		148,645,312		1.0	%
#*	PBF Energy, Inc., Class A		1,753,292		77,583,171		0.6	%
	PDC Energy, Inc.		1,569,453		113,220,339		0.8	%
	Other Securities				805,900,676		5.6	%
TOTAL ENERGY.					1,602,047,936		11.2	%
FINANCIALS — (27.6%)
	American Equity Investment Life Holding Co.		2,377,506		102,422,959		0.7	%
#	Associated Banc-Corp.		3,681,267		89,638,851		0.6	%
	Assured Guaranty Ltd.		1,358,868		80,431,397		0.6	%
	Bank OZK		2,270,088		97,568,382		0.7	%
*	Brighthouse Financial, Inc.		1,310,595		74,795,657		0.5	%
#	First BanCorp.		4,126,206		65,152,793		0.5	%
#	FNB Corp.		8,069,732		116,607,627		0.8	%
	Fulton Financial Corp.		4,075,852		74,302,782		0.5	%
	Hancock Whitney Corp.		1,428,089		79,787,332		0.6	%
#	International Bancshares Corp.		1,341,748		66,550,701		0.5	%
	Nelnet, Inc., Class A		731,282		65,149,913		0.5	%
	Old National Bancorp		4,755,433		93,016,270		0.7	%
#	Popular, Inc.		1,234,677		87,316,357		0.6	%
#	United Bankshares, Inc.		2,073,146		87,797,733		0.6	%
	Unum Group		3,118,080		142,153,267		1.0	%
#	Valley National Bancorp		5,597,605		66,443,571		0.5	%
	Washington Federal, Inc.		1,793,494		69,408,218		0.5	%
#	White Mountains Insurance Group Ltd.		45,091		63,855,620		0.5	%
	Other Securities				2,691,501,521		18.5	%
TOTAL FINANCIALS					4,213,900,951		29.4	%

33

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (4.0%)
*	Acadia Healthcare Co., Inc.		1,486,886	$	120,883,832		0.8	%
	Perrigo Co. PLC		2,252,909		90,747,175		0.6	%
	Other Securities				400,582,330		2.9	%
TOTAL HEALTH CARE					612,213,337		4.3	%
INDUSTRIALS — (18.4%)
	Air Lease Corp.		2,041,374		72,040,088		0.5	%
#*	Atlas Air Worldwide Holdings, Inc.		714,190		72,233,177		0.5	%
#*	Beacon Roofing Supply, Inc.		1,168,859		65,865,205		0.5	%
#	Encore Wire Corp.		496,557		68,321,278		0.5	%
	GATX Corp.		794,080		83,148,117		0.6	%
#	Triton International Ltd.		1,492,492		90,579,340		0.6	%
*	WESCO International, Inc.		828,443		114,134,592		0.8	%
	Other Securities				2,240,622,901		15.6	%
TOTAL INDUSTRIALS					2,806,944,698		19.6	%
INFORMATION TECHNOLOGY — (7.2%)
#	Amkor Technology, Inc.		5,440,115		113,099,991		0.8	%
	Avnet, Inc.		2,044,013		82,148,882		0.6	%
#*	NetScout Systems, Inc.		1,831,566		65,789,851		0.5	%
*	Sanmina Corp.		1,485,715		83,274,326		0.6	%
#	Vishay Intertechnology, Inc.		3,103,708		64,898,534		0.5	%
	Other Securities				686,783,374		4.6	%
TOTAL INFORMATION TECHNOLOGY					1,095,994,958		7.6	%
MATERIALS — (6.6%)
#	Commercial Metals Co.		2,565,468		116,728,794		0.8	%
#	Element Solutions, Inc.		5,243,398		90,186,446		0.6	%
	Other Securities				806,849,032		5.7	%
TOTAL MATERIALS					1,013,764,272		7.1	%
REAL ESTATE — (0.6%)
	Other Securities				101,554,150		0.7	%
UTILITIES — (0.3%)
	Other Securities				45,133,898		0.3	%
TOTAL COMMON STOCKS					14,211,395,835		99.1	%
PREFERRED STOCKS — (0.1%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				300,614		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				3,270,136		0.0	%
INDUSTRIALS — (0.1%)
	Other Security				7,599,879		0.1	%
TOTAL PREFERRED STOCKS					11,170,629		0.1	%
TOTAL INVESTMENT SECURITIES (Cost $9,287,200,978)					14,222,566,464

34

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		115,129,797	$	115,129,797		0.8	%
SECURITIES LENDING COLLATERAL — (6.1%)
@§	The DFA Short Term Investment Fund		81,222,527		939,013,630		6.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $10,341,663,547)				$	15,276,709,891		106.5	%

As of October 31, 2022, U.S. Small Cap Value Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		604		12/16/22	$	109,493,638	$	117,266,600	$	7,772,962
Total Futures Contracts					$	109,493,638	$	117,266,600	$	7,772,962

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	304,944,430		—		—		$	304,944,430
Consumer Discretionary		1,754,080,330	$	363,565	$	20,396			1,754,464,291
Consumer Staples		658,914,370		1,518,544		—			660,432,914
Energy		1,602,047,936		—		—			1,602,047,936
Financials		4,212,911,835		989,116		—			4,213,900,951
Health Care		608,926,711		—		3,286,626			612,213,337
Industrials		2,806,850,231		94,467		—			2,806,944,698
Information Technology		1,095,994,958		—		—			1,095,994,958
Materials		1,012,692,911		1,071,361		—			1,013,764,272
Real Estate		101,554,150		—		—			101,554,150
Utilities		45,133,898		—		—			45,133,898
Preferred Stocks
Communication Services		300,614		—		—			300,614
Consumer Discretionary		3,270,136		—		—			3,270,136
Industrials		7,599,879		—		—			7,599,879
Temporary Cash Investments		115,129,797		—		—			115,129,797
Securities Lending Collateral		—		939,013,630		—			939,013,630
Futures Contracts**		7,772,962		—		—			7,772,962
TOTAL	$	14,338,125,148	$	943,050,683	$	3,307,022	^	$	15,284,482,853

** 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.

35

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (95.0%)
COMMUNICATION SERVICES — (6.0%)
*	Alphabet, Inc., Class A		3,212,000	$	303,566,120		1.1	%
*	Alphabet, Inc., Class C		2,978,380		281,933,451		1.0	%
	AT&T, Inc.		5,201,851		94,829,744		0.4	%
	Comcast Corp., Class A		3,555,567		112,853,697		0.4	%
*	Meta Platforms, Inc., Class A		1,474,881		137,399,914		0.5	%
	Verizon Communications, Inc.		4,468,777		166,998,196		0.6	%
	Other Securities				650,380,315		2.2	%
TOTAL COMMUNICATION SERVICES					1,747,961,437		6.2	%
CONSUMER DISCRETIONARY — (10.6%)
*	Amazon.com, Inc.		4,693,460		480,798,042		1.7	%
	Home Depot, Inc.		578,985		171,454,828		0.6	%
	McDonald’s Corp.		392,232		106,945,977		0.4	%
*	Tesla, Inc.		1,117,865		254,359,002		0.9	%
	Other Securities				2,077,068,540		7.4	%
TOTAL CONSUMER DISCRETIONARY					3,090,626,389		11.0	%
CONSUMER STAPLES — (6.4%)
	Coca-Cola Co.		2,554,882		152,909,688		0.6	%
	Costco Wholesale Corp.		266,821		133,810,731		0.5	%
	PepsiCo, Inc.		1,155,131		209,748,687		0.8	%
	Procter & Gamble Co.		1,579,025		212,647,297		0.8	%
	Walmart, Inc.		863,854		122,952,340		0.4	%
	Other Securities				1,032,869,469		3.6	%
TOTAL CONSUMER STAPLES					1,864,938,212		6.7	%
ENERGY — (6.7%)
	Chevron Corp.		1,226,964		221,957,788		0.8	%
	ConocoPhillips		1,164,407		146,820,079		0.5	%
	Exxon Mobil Corp.		3,168,500		351,101,485		1.3	%
	Occidental Petroleum Corp.		1,257,584		91,300,598		0.3	%
	Other Securities				1,150,723,721		4.1	%
TOTAL ENERGY					1,961,903,671		7.0	%
FINANCIALS — (13.8%)
	Bank of America Corp.		3,912,478		141,005,671		0.5	%
*	Berkshire Hathaway, Inc., Class B		954,456		281,650,421		1.0	%
	Goldman Sachs Group, Inc.		249,229		85,861,883		0.3	%
	JPMorgan Chase & Co.		2,201,688		277,148,485		1.0	%
	Morgan Stanley		1,062,417		87,298,805		0.3	%
	Wells Fargo & Co.		2,169,645		99,781,974		0.4	%
	Other Securities				3,035,367,537		10.8	%
TOTAL FINANCIALS					4,008,114,776		14.3	%
HEALTH CARE — (12.2%)
	AbbVie, Inc.		1,217,399		178,227,214		0.7	%
	Amgen, Inc.		395,045		106,800,416		0.4	%
	Bristol-Myers Squibb Co.		1,399,024		108,382,389		0.4	%
	Cigna Corp.		265,948		85,917,161		0.3	%
	CVS Health Corp.		1,042,089		98,685,828		0.4	%
	Eli Lilly & Co.		520,601		188,504,416		0.7	%

36

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Gilead Sciences, Inc.		1,123,050	$	88,114,503		0.3	%
	Johnson & Johnson		1,583,776		275,529,511		1.0	%
	Merck & Co., Inc.		1,532,708		155,110,050		0.6	%
	Pfizer, Inc.		3,138,575		146,100,666		0.5	%
	UnitedHealth Group, Inc.		442,851		245,848,733		0.9	%
	Other Securities				1,889,479,968		6.5	%
TOTAL HEALTH CARE					3,566,700,855		12.7	%
INDUSTRIALS — (11.7%)
	Lockheed Martin Corp.		186,232		90,635,390		0.3	%
	Union Pacific Corp.		458,821		90,451,972		0.3	%
	United Parcel Service, Inc., Class B		521,453		87,484,170		0.3	%
	Other Securities				3,151,453,330		11.3	%
TOTAL INDUSTRIALS					3,420,024,862		12.2	%
INFORMATION TECHNOLOGY — (20.6%)
	Accenture PLC, Class A		421,535		119,673,786		0.4	%
	Apple, Inc.		9,026,207		1,384,078,581		4.9	%
	Broadcom, Inc.		323,073		151,883,079		0.6	%
	Cisco Systems, Inc.		2,518,417		114,411,684		0.4	%
	Mastercard, Inc., Class A		587,619		192,844,803		0.7	%
	Microsoft Corp.		4,150,122		963,367,820		3.4	%
	NVIDIA Corp.		1,138,596		153,676,302		0.6	%
	QUALCOMM, Inc.		829,776		97,631,444		0.4	%
	Texas Instruments, Inc.		750,861		120,610,802		0.4	%
#	Visa, Inc., Class A		933,069		193,294,574		0.7	%
	Other Securities				2,517,282,051		8.9	%
TOTAL INFORMATION TECHNOLOGY					6,008,754,926		21.4	%
MATERIALS — (4.2%)
	Other Securities				1,225,634,383		4.4	%
REAL ESTATE — (0.2%)
	Other Securities				65,744,933		0.2	%
UTILITIES — (2.6%)
	Other Securities				740,106,070		2.6	%
TOTAL COMMON STOCKS					27,700,510,514		98.7	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				343,723		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				475,353		0.0	%
INDUSTRIALS — (0.0%)
	Other Security				1,455,840		0.0	%
TOTAL PREFERRED STOCKS					2,274,916		0.0	%

37

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
INDUSTRIALS — (0.0%)
	Other Security			$	23,961		0.0	%
TOTAL RIGHTS/WARRANTS					23,961		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $13,059,889,382)					27,702,809,391
TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		248,087,015		248,087,015		0.9	%
SECURITIES LENDING COLLATERAL — (4.1%)
@§ The DFA Short Term Investment Fund			103,556,037		1,197,211,347		4.3	%
TOTAL INVESTMENTS—(100.0%) (Cost $14,505,588,592)				$	29,148,107,753		103.9	%

As of October 31, 2022, U.S. Core Equity 1 Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		1,616		12/16/22	$	322,362,519	$	313,746,400	$	(8,616,119	)
Total Futures Contracts					$	322,362,519	$	313,746,400	$	(8,616,119	)

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	1,747,952,953	$	8,484		—	$	1,747,961,437
Consumer Discretionary		3,090,621,403		—	$	4,986		3,090,626,389
Consumer Staples		1,864,843,825		94,387		—		1,864,938,212
Energy		1,961,903,671		—		—		1,961,903,671
Financials		4,008,109,526		5,250		—		4,008,114,776
Health Care		3,565,356,114		—		1,344,741		3,566,700,855
Industrials		3,419,367,777		657,085		—		3,420,024,862
Information Technology		6,008,754,926		—		—		6,008,754,926
Materials		1,225,634,383		—		—		1,225,634,383
Real Estate		65,705,171		39,762		—		65,744,933
Utilities		740,106,070		—		—		740,106,070
Preferred Stocks
Communication Services		343,723		—		—		343,723
Consumer Discretionary		475,353		—		—		475,353
Industrials		1,455,840		—		—		1,455,840
Rights/Warrants
Industrials		—		—		23,961		23,961
Temporary Cash Investments		248,087,015		—		—		248,087,015

38

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Securities Lending Collateral		—		$	1,197,211,347		—		$	1,197,211,347
Futures Contracts**	$	(8,616,119	)		—		—			(8,616,119	)
TOTAL	$	27,940,101,631		$	1,198,016,315	$	1,373,688	^	$	29,139,491,634

** 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.

39

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (95.6%)
COMMUNICATION SERVICES — (5.4%)
*	Alphabet, Inc., Class A		2,447,900	$	231,351,029		0.8	%
*	Alphabet, Inc., Class C		2,361,300		223,520,658		0.8	%
	AT&T, Inc.		4,477,834		81,630,914		0.3	%
	Comcast Corp., Class A		3,103,081		98,491,791		0.3	%
*	Meta Platforms, Inc., Class A		1,750,602		163,086,082		0.6	%
	Verizon Communications, Inc.		3,894,696		145,544,790		0.5	%
	Other Securities				682,752,780		2.3	%
TOTAL COMMUNICATION SERVICES					1,626,378,044		5.6	%
CONSUMER DISCRETIONARY — (9.7%)
*	Amazon.com, Inc.		3,049,564		312,397,336		1.1	%
	Home Depot, Inc.		417,086		123,511,677		0.4	%
	Target Corp.		489,359		80,377,216		0.3	%
	Other Securities				2,428,343,528		8.3	%
TOTAL CONSUMER DISCRETIONARY					2,944,629,757		10.1	%
CONSUMER STAPLES — (6.2%)
	Coca-Cola Co.		2,356,465		141,034,430		0.5	%
	Costco Wholesale Corp.		257,234		129,002,851		0.4	%
	PepsiCo, Inc.		1,083,200		196,687,456		0.7	%
	Procter & Gamble Co.		1,659,570		223,494,292		0.8	%
	Walmart, Inc.		754,200		107,345,286		0.4	%
	Other Securities				1,089,547,591		3.6	%
TOTAL CONSUMER STAPLES					1,887,111,906		6.4	%
ENERGY — (6.4%)
	Chevron Corp.		1,074,238		194,329,654		0.7	%
	ConocoPhillips		1,162,116		146,531,206		0.5	%
	Exxon Mobil Corp.		3,060,838		339,171,459		1.2	%
	Other Securities				1,275,702,318		4.3	%
TOTAL ENERGY					1,955,734,637		6.7	%
FINANCIALS — (14.6%)
	American Express Co.		617,346		91,645,014		0.3	%
	Bank of America Corp.		3,352,938		120,839,922		0.4	%
*	Berkshire Hathaway, Inc., Class B		840,748		248,096,327		0.9	%
	JPMorgan Chase & Co.		1,979,363		249,162,214		0.9	%
	Wells Fargo & Co.		1,749,162		80,443,960		0.3	%
	Other Securities				3,628,152,220		12.3	%
TOTAL FINANCIALS					4,418,339,657		15.1	%
HEALTH CARE — (12.3%)
	AbbVie, Inc.		1,169,550		171,222,120		0.6	%
	Amgen, Inc.		465,289		125,790,881		0.4	%
	Bristol-Myers Squibb Co.		1,487,212		115,214,314		0.4	%
	Cigna Corp.		249,677		80,660,652		0.3	%
	CVS Health Corp.		829,846		78,586,416		0.3	%
	Elevance Health, Inc.		165,540		90,512,306		0.3	%
	Eli Lilly & Co.		538,596		195,020,226		0.7	%
	Johnson & Johnson		1,534,785		267,006,546		0.9	%
	Merck & Co., Inc.		1,861,625		188,396,450		0.7	%

40

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Pfizer, Inc.		3,866,146	$	179,969,096		0.6	%
	Thermo Fisher Scientific, Inc.		172,804		88,816,072		0.3	%
	UnitedHealth Group, Inc.		416,565		231,256,060		0.8	%
	Other Securities				1,913,162,499		6.4	%
TOTAL HEALTH CARE					3,725,613,638		12.7	%
INDUSTRIALS — (13.4%)
	Caterpillar, Inc.		434,771		94,110,531		0.3	%
	Deere & Co.		214,381		84,856,287		0.3	%
	Lockheed Martin Corp.		161,715		78,703,456		0.3	%
	Union Pacific Corp.		574,109		113,179,848		0.4	%
	Other Securities				3,706,707,754		12.6	%
TOTAL INDUSTRIALS					4,077,557,876		13.9	%
INFORMATION TECHNOLOGY — (20.8%)
	Accenture PLC, Class A		449,831		127,707,021		0.5	%
	Apple, Inc.		9,633,318		1,477,172,982		5.1	%
	Broadcom, Inc.		284,762		133,872,311		0.5	%
	Cisco Systems, Inc.		2,308,415		104,871,293		0.4	%
	Intel Corp.		3,268,769		92,931,103		0.3	%
	International Business Machines Corp.		704,432		97,415,901		0.3	%
	Mastercard, Inc., Class A		587,552		192,822,815		0.7	%
	Microsoft Corp.		4,624,552		1,073,497,256		3.7	%
	QUALCOMM, Inc.		817,724		96,213,406		0.3	%
	Texas Instruments, Inc.		676,325		108,638,085		0.4	%
#	Visa, Inc., Class A		921,563		190,910,991		0.7	%
	Other Securities				2,622,825,195		8.7	%
TOTAL INFORMATION TECHNOLOGY					6,318,878,359		21.6	%
MATERIALS — (4.6%)
	Other Securities				1,383,197,697		4.7	%
REAL ESTATE — (0.3%)
	Other Securities				85,739,181		0.3	%
UTILITIES — (1.9%)
	Other Securities				570,220,524		2.0	%
TOTAL COMMON STOCKS					28,993,401,276		99.1	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				486,617		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				754,305		0.0	%
INDUSTRIALS — (0.0%)
	Other Security				1,986,525		0.0	%
TOTAL PREFERRED STOCKS					3,227,447		0.0	%

41

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
INDUSTRIALS — (0.0%)
	Other Security			$	23,431		0.0	%
TOTAL RIGHTS/WARRANTS					23,431		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $13,737,376,934)					28,996,652,154
TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		272,587,862		272,587,862		0.9	%
SECURITIES LENDING COLLATERAL — (3.5%)
@§	The DFA Short Term Investment Fund		93,154,375		1,076,957,724		3.7	%
TOTAL INVESTMENTS—(100.0%) (Cost $15,087,266,108)				$	30,346,197,740		103.7	%

As of October 31, 2022, U.S. Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

									Unrealized
	Number of		Expiration		Notional		Market		Appreciation
Description	Contracts		Date		Value		Value		(Depreciation)
Long Position Contracts:
S&P 500® Emini Index		1,279		12/16/22	$	252,780,580	$	248,317,850	$	(4,462,730	)
Total Futures Contracts					$	252,780,580	$	248,317,850	$	(4,462,730	)

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Communication Services	$	1,626,242,103	$	135,941		—	$	1,626,378,044
Consumer Discretionary		2,944,622,949		—	$	6,808		2,944,629,757
Consumer Staples		1,886,985,529		126,377		—		1,887,111,906
Energy		1,955,734,637		—		—		1,955,734,637
Financials		4,418,239,836		99,821		—		4,418,339,657
Health Care		3,723,517,292		—		2,096,346		3,725,613,638
Industrials		4,076,132,929		1,424,947		—		4,077,557,876
Information Technology		6,318,877,797		—		562		6,318,878,359
Materials		1,383,197,697		—		—		1,383,197,697
Real Estate		85,619,321		119,860		—		85,739,181
Utilities		570,220,524		—		—		570,220,524
Preferred Stocks
Communication Services		486,617		—		—		486,617
Consumer Discretionary		754,305		—		—		754,305
Industrials		1,986,525		—		—		1,986,525
Rights/Warrants
Industrials		—		—		23,431		23,431
Temporary Cash Investments		272,587,862		—		—		272,587,862

42

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Securities Lending Collateral		—		$	1,076,957,724		—		$	1,076,957,724
Futures Contracts**	$	(4,462,730	)		—		—			(4,462,730	)
TOTAL	$	29,260,743,193		$	1,078,864,670	$	2,127,147	^	$	30,341,735,010

** 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.

43

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (94.3%)
COMMUNICATION SERVICES — (4.8%)
*	Alphabet, Inc., Class A		204,320	$	19,310,283		0.5	%
*	Alphabet, Inc., Class C		174,880		16,554,141		0.4	%
	AT&T, Inc.		591,989		10,791,959		0.3	%
	Comcast Corp., Class A		542,795		17,228,313		0.4	%
*	Meta Platforms, Inc., Class A		172,392		16,060,039		0.4	%
	Verizon Communications, Inc.		361,078		13,493,485		0.3	%
	Other Securities				129,665,322		2.7	%
TOTAL COMMUNICATION SERVICES					223,103,542		5.0	%
CONSUMER DISCRETIONARY — (9.4%)
	Murphy USA, Inc.		35,401		11,133,969		0.3	%
	Penske Automotive Group, Inc.		101,131		11,288,242		0.3	%
	Other Securities				415,238,079		9.3	%
TOTAL CONSUMER DISCRETIONARY					437,660,290		9.9	%
CONSUMER STAPLES — (4.7%)
	Bunge Ltd.		114,831		11,333,820		0.3	%
	Procter & Gamble Co.		90,151		12,140,635		0.3	%
	Walmart, Inc.		92,764		13,203,100		0.3	%
	Other Securities				183,081,780		4.1	%
TOTAL CONSUMER STAPLES					219,759,335		5.0	%
ENERGY — (10.3%)
	Chevron Corp.		168,142		30,416,888		0.7	%
	ConocoPhillips		192,034		24,213,567		0.6	%
	Coterra Energy, Inc.		441,905		13,756,503		0.3	%
	Devon Energy Corp.		333,906		25,827,629		0.6	%
	Diamondback Energy, Inc.		77,163		12,123,079		0.3	%
	EOG Resources, Inc.		108,097		14,757,402		0.3	%
	Exxon Mobil Corp.		427,728		47,396,540		1.1	%
	Marathon Petroleum Corp.		137,887		15,666,721		0.4	%
	Occidental Petroleum Corp.		202,911		14,731,339		0.3	%
	Valero Energy Corp.		96,071		12,061,714		0.3	%
	Other Securities				267,114,486		5.9	%
TOTAL ENERGY					478,065,868		10.8	%
FINANCIALS — (21.8%)
	Aflac, Inc.		208,954		13,604,995		0.3	%
	Allstate Corp.		86,090		10,868,862		0.3	%
	Bank of America Corp.		491,054		17,697,586		0.4	%
*	Berkshire Hathaway, Inc., Class B		110,049		32,474,359		0.7	%
	Discover Financial Services		118,381		12,366,079		0.3	%
	First Horizon Corp.		432,866		10,609,546		0.3	%
	JPMorgan Chase & Co.		273,311		34,404,389		0.8	%
	M&T Bank Corp.		67,444		11,355,546		0.3	%
	Morgan Stanley		152,000		12,489,840		0.3	%
	Travelers Cos., Inc.		60,909		11,235,274		0.3	%
	Wells Fargo & Co.		236,095		10,858,009		0.3	%
	Other Securities				833,448,489		18.6	%
TOTAL FINANCIALS					1,011,412,974		22.9	%

44

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (9.6%)
	Bristol-Myers Squibb Co.		141,192	$	10,938,144		0.3	%
	Cigna Corp.		32,953		10,645,796		0.3	%
	CVS Health Corp.		118,113		11,185,301		0.3	%
	Johnson & Johnson		105,798		18,405,678		0.4	%
	Merck & Co., Inc.		111,689		11,302,927		0.3	%
	Pfizer, Inc.		341,124		15,879,322		0.4	%
	UnitedHealth Group, Inc.		36,788		20,422,858		0.5	%
	Other Securities				348,975,389		7.6	%
TOTAL HEALTH CARE					447,755,415		10.1	%
INDUSTRIALS — (15.5%)
*	Builders FirstSource, Inc.		197,853		12,199,616		0.3	%
	Raytheon Technologies Corp.		115,471		10,948,960		0.3	%
	Other Securities				698,192,830		15.7	%
TOTAL INDUSTRIALS					721,341,406		16.3	%
INFORMATION TECHNOLOGY — (9.4%)
*	First Solar, Inc.		83,806		12,199,639		0.3	%
	Other Securities				422,358,258		9.5	%
TOTAL INFORMATION TECHNOLOGY					434,557,897		9.8	%
MATERIALS — (7.2%)
	Corteva, Inc.		201,895		13,191,819		0.3	%
	Dow, Inc.		316,807		14,807,559		0.3	%
	LyondellBasell Industries NV, Class A		148,186		11,328,820		0.3	%
	Newmont Corp.		272,674		11,539,564		0.3	%
#	Nucor Corp.		188,942		24,823,200		0.6	%
	Reliance Steel & Aluminum Co.		62,227		12,537,496		0.3	%
	Steel Dynamics, Inc.		170,812		16,064,869		0.4	%
	Other Securities				228,643,996		5.0	%
TOTAL MATERIALS					332,937,323		7.5	%
REAL ESTATE — (0.5%)
	Other Securities				22,470,126		0.5	%
UTILITIES — (1.1%)
	Other Securities				50,547,951		1.2	%
TOTAL COMMON STOCKS					4,379,612,127		99.0	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				331,508		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				231,938		0.0	%
INDUSTRIALS — (0.0%)
	Other Security				794,799		0.0	%
TOTAL PREFERRED STOCKS					1,358,245		0.0	%

45

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
INDUSTRIALS — (0.0%)
	Other Security			$	10,984		0.0	%
TOTAL RIGHTS/WARRANTS					10,984		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $2,236,989,633)					4,380,981,356
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		37,532,662		37,532,662		0.9	%
SECURITIES LENDING COLLATERAL — (4.9%)
@§	The DFA Short Term Investment Fund		19,687,236		227,604,132		5.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,502,230,004)				$	4,646,118,150		105.0	%

As of October 31, 2022, U.S. Vector Equity Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		181		12/16/22	$	36,251,048	$	35,141,150	$	(1,109,898	)
Total Futures Contracts					$	36,251,048	$	35,141,150	$	(1,109,898	)

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	223,080,276	$	23,266		—	$	223,103,542
Consumer Discretionary		437,633,283		24,728	$	2,279		437,660,290
Consumer Staples		219,680,247		79,088		—		219,759,335
Energy		478,065,868		—		—		478,065,868
Financials		1,011,349,694		63,280		—		1,011,412,974
Health Care		446,330,154		—		1,425,261		447,755,415
Industrials		720,993,032		348,374		—		721,341,406
Information Technology		434,557,897		—		—		434,557,897
Materials		332,937,323		—		—		332,937,323
Real Estate		22,470,126		—		—		22,470,126
Utilities		50,547,951		—		—		50,547,951
Preferred Stocks
Communication Services		331,508		—		—		331,508
Consumer Discretionary		231,938		—		—		231,938
Industrials		794,799		—		—		794,799
Rights/Warrants
Industrials		—		—		10,984		10,984
Temporary Cash Investments		37,532,662		—		—		37,532,662

46

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Securities Lending Collateral		—		$	227,604,132		—		$	227,604,132
Futures Contracts**	$	(1,109,898	)		—		—			(1,109,898	)
TOTAL	$	4,415,426,860		$	228,142,868	$	1,438,524	^	$	4,645,008,252

** 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.

47

U.S. SMALL CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (89.4%)
COMMUNICATION SERVICES — (2.4%)
*	Iridium Communications, Inc.		696,920	$	35,912,288		0.3	%
#	Nexstar Media Group, Inc., Class A		267,672		45,852,214		0.3	%
	Other Securities				290,606,265		2.1	%
TOTAL COMMUNICATION SERVICES					372,370,767		2.7	%
CONSUMER DISCRETIONARY — (10.8%)
#	Murphy USA, Inc.		187,244		58,890,110		0.4	%
#	Penske Automotive Group, Inc.		420,059		46,886,986		0.3	%
	Texas Roadhouse, Inc.		336,612		33,307,757		0.3	%
	Other Securities				1,533,426,592		11.0	%
TOTAL CONSUMER DISCRETIONARY					1,672,511,445		12.0	%
CONSUMER STAPLES — (3.9%)
*	BJ’s Wholesale Club Holdings, Inc.		477,746		36,977,540		0.3	%
	Other Securities				568,042,519		4.0	%
TOTAL CONSUMER STAPLES					605,020,059		4.3	%
ENERGY — (5.6%)
#	Matador Resources Co.		734,685		48,819,818		0.4	%
#	Murphy Oil Corp.		833,447		40,430,514		0.3	%
#	PDC Energy, Inc.		673,577		48,591,845		0.4	%
	Range Resources Corp.		1,648,690		46,954,691		0.4	%
	SM Energy Co.		751,637		33,808,632		0.3	%
	Other Securities				639,161,629		4.4	%
TOTAL ENERGY					857,767,129		6.2	%
FINANCIALS — (19.7%)
	Cadence Bank		1,282,964		35,473,955		0.3	%
#	Glacier Bancorp, Inc.		783,244		44,864,216		0.3	%
	Old National Bancorp		2,096,773		41,012,880		0.3	%
	RLI Corp.		312,890		40,697,602		0.3	%
#	Selective Insurance Group, Inc.		438,122		42,971,006		0.3	%
	SouthState Corp.		480,323		43,435,609		0.3	%
#	United Bankshares, Inc.		917,556		38,858,497		0.3	%
#	Valley National Bancorp		2,970,010		35,254,031		0.3	%
	Other Securities				2,716,701,974		19.5	%
TOTAL FINANCIALS					3,039,269,770		21.9	%
HEALTH CARE — (9.3%)
*	Acadia Healthcare Co., Inc.		616,865		50,151,124		0.4	%
#*	AMN Healthcare Services, Inc.		408,806		51,305,153		0.4	%
#	Ensign Group, Inc.		459,736		41,275,098		0.3	%
#*	Lantheus Holdings, Inc.		494,601		36,595,528		0.3	%
#*	Medpace Holdings, Inc.		234,721		52,103,368		0.4	%
	Other Securities				1,209,252,086		8.6	%
TOTAL HEALTH CARE					1,440,682,357		10.4	%
INDUSTRIALS — (18.2%)
*	Aerojet Rocketdyne Holdings, Inc.		707,916		34,298,530		0.3	%
	Applied Industrial Technologies, Inc.		272,046		33,837,081		0.2	%
#*	Casella Waste Systems, Inc., Class A		415,573		33,998,027		0.3	%

48

U.S. SMALL CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
#*	Chart Industries, Inc.		257,176	$	57,319,387		0.4	%
*	Clean Harbors, Inc.		368,546		45,132,143		0.3	%
	Comfort Systems USA, Inc.		299,106		36,873,788		0.3	%
	Exponent, Inc.		422,177		40,216,581		0.3	%
#*	FTI Consulting, Inc.		246,773		38,405,282		0.3	%
#	KBR, Inc.		768,073		38,226,993		0.3	%
	MSA Safety, Inc.		265,964		35,703,007		0.3	%
#*	Saia, Inc.		198,107		39,395,558		0.3	%
	Tetra Tech, Inc.		289,234		40,862,979		0.3	%
	Timken Co.		467,224		33,308,399		0.2	%
	Valmont Industries, Inc.		151,578		48,386,729		0.4	%
*	WESCO International, Inc.		371,573		51,191,612		0.4	%
	Other Securities				2,194,626,525		15.6	%
TOTAL INDUSTRIALS					2,801,782,621		20.2	%
INFORMATION TECHNOLOGY — (10.5%)
#	Amkor Technology, Inc.		1,892,325		39,341,437		0.3	%
*	Calix, Inc.		492,912		36,298,040		0.3	%
*	ExlService Holdings, Inc.		267,223		48,594,503		0.4	%
*	Lattice Semiconductor Corp.		698,136		33,866,577		0.3	%
#*	Novanta, Inc.		254,279		35,955,051		0.3	%
*	Qualys, Inc.		271,023		38,637,039		0.3	%
	Other Securities				1,386,879,238		9.8	%
TOTAL INFORMATION TECHNOLOGY					1,619,571,885		11.7	%
MATERIALS — (5.6%)
#	Commercial Metals Co.		878,039		39,950,775		0.3	%
#	Louisiana-Pacific Corp.		649,884		36,815,929		0.3	%
	Olin Corp.		694,011		36,747,882		0.3	%
	Valvoline, Inc.		1,130,165		33,181,644		0.2	%
	Other Securities				715,100,087		5.1	%
TOTAL MATERIALS					861,796,317		6.2	%
REAL ESTATE — (0.4%)
	Other Securities				58,876,790		0.4	%
UTILITIES — (3.0%)
	Other Securities				460,997,992		3.3	%
TOTAL COMMON STOCKS					13,790,647,132		99.3	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				487,236		0.0	%
CONSUMER DISCRETIONARY — (0.0%)
	Other Security				424,047		0.0	%
INDUSTRIALS — (0.0%)
	Other Security				3,575,934		0.0	%
TOTAL PREFERRED STOCKS					4,487,217		0.0	%

49

U.S. SMALL CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
INDUSTRIALS — (0.0%)
	Other Security			$	26,316		0.0	%
TOTAL RIGHTS/WARRANTS					26,316		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $7,784,404,921)					13,795,160,665
TEMPORARY CASH INVESTMENTS — (0.6%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		92,669,607		92,669,607		0.7	%
SECURITIES LENDING COLLATERAL — (10.0%)
@§	The DFA Short Term Investment Fund		133,261,268		1,540,633,516		11.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $9,418,213,618)				$	15,428,463,788		111.1	%

As of October 31, 2022, U.S. Small Cap Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		470		12/16/22	$	87,334,270	$	91,250,500	$	3,916,230
Total Futures Contracts					$	87,334,270	$	91,250,500	$	3,916,230

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	372,314,690	$	56,077		—	$	372,370,767
Consumer Discretionary		1,672,480,554		—	$	30,891		1,672,511,445
Consumer Staples		604,843,422		176,637		—		605,020,059
Energy		857,767,129		—		—		857,767,129
Financials		3,039,078,133		191,637		—		3,039,269,770
Health Care		1,433,468,839		462		7,213,056		1,440,682,357
Industrials		2,801,772,518		10,103		—		2,801,782,621
Information Technology		1,619,560,581		—		11,304		1,619,571,885
Materials		861,743,259		—		53,058		861,796,317
Real Estate		58,867,954		8,836		—		58,876,790
Utilities		460,997,992		—		—		460,997,992
Preferred Stocks
Communication Services		487,236		—		—		487,236
Consumer Discretionary		424,047		—		—		424,047
Industrials		3,575,934		—		—		3,575,934
Rights/Warrants
Industrials		—		—		26,316		26,316
Temporary Cash Investments		92,669,607		—		—		92,669,607

50

U.S. SMALL CAP PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	1,540,633,516		—		$	1,540,633,516
Futures Contracts**	$	3,916,230		—		—			3,916,230
TOTAL.	$	13,883,968,125	$	1,541,077,268	$	7,334,625	^	$	15,432,380,018

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

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

See accompanying Notes to Financial Statements.

51

U.S. MICRO CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (91.5%)
COMMUNICATION SERVICES — (2.4%)
	Other Securities			$	166,691,244		2.6	%
CONSUMER DISCRETIONARY — (10.8%)
	Group 1 Automotive, Inc.		109,460		18,936,580		0.3	%
	Other Securities				736,471,578		11.4	%
TOTAL CONSUMER DISCRETIONARY					755,408,158		11.7	%
CONSUMER STAPLES — (4.8%)
*	Hostess Brands, Inc.		659,960		17,475,741		0.3	%
	Inter Parfums, Inc.		227,178		18,374,157		0.3	%
#	MGP Ingredients, Inc.		143,333		16,060,463		0.3	%
#	Weis Markets, Inc.		196,657		18,420,861		0.3	%
	Other Securities				268,711,872		4.0	%
TOTAL CONSUMER STAPLES					339,043,094		5.2	%
ENERGY — (7.0%)
	Chord Energy Corp.		118,744		18,178,519		0.3	%
#*	CNX Resources Corp.		1,161,237		19,520,394		0.3	%
*	Comstock Resources, Inc.		875,184		16,435,956		0.3	%
	Patterson-UTI Energy, Inc		926,930		16,360,314		0.3	%
*	PBF Energy, Inc., Class A		491,690		21,757,282		0.3	%
	Other Securities				400,890,826		6.1	%
TOTAL ENERGY					493,143,291		7.6	%
FINANCIALS — (20.6%)
#	BancFirst Corp.		239,834		22,980,894		0.4	%
	Banner Corp.		263,148		19,670,313		0.3	%
	First BanCorp.		1,576,127		24,887,045		0.4	%
	First Merchants Corp.		362,517		16,277,013		0.3	%
	Pacific Premier Bancorp, Inc.		436,115		15,878,947		0.3	%
	Piper Sandler Cos		134,207		17,174,470		0.3	%
	Trustmark Corp.		421,873		15,427,896		0.2	%
	Walker & Dunlop, Inc.		182,775		16,442,439		0.3	%
	WesBanco, Inc.		421,523		17,046,390		0.3	%
	WSFS Financial Corp.		473,204		22,032,378		0.3	%
	Other Securities				1,260,518,834		19.3	%
TOTAL FINANCIALS					1,448,336,619		22.4	%
HEALTH CARE — (10.3%)
*	CorVel Corp.		184,423		30,284,101		0.5	%
*	Lantheus Holdings, Inc.		305,585		22,610,234		0.4	%
*	Prestige Consumer Healthcare, Inc.		310,082		16,893,267		0.3	%
	Other Securities				649,873,873		9.9	%
TOTAL HEALTH CARE					719,661,475		11.1	%
INDUSTRIALS — (16.5%)
	Albany International Corp., Class A		210,236		19,261,822		0.3	%
	Boise Cascade Co.		282,825		18,884,225		0.3	%
*	CBIZ, Inc.		406,188		20,163,172		0.3	%
#	Comfort Systems USA, Inc.		251,515		31,006,769		0.5	%
	Encore Wire Corp.		157,161		21,623,782		0.3	%

52

U.S. MICRO CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	Federal Signal Corp.		439,096	$	20,483,828		0.3	%
	Forward Air Corp.		191,213		20,243,720		0.3	%
*	Hub Group, Inc., Class A		220,852		17,138,115		0.3	%
	ICF International, Inc.		129,423		15,482,874		0.2	%
	Matson, Inc.		225,848		16,617,896		0.3	%
	McGrath RentCorp.		184,266		17,330,217		0.3	%
*	Veritiv Corp.		173,696		20,193,897		0.3	%
	Other Securities				921,171,789		14.2	%
TOTAL INDUSTRIALS					1,159,602,106		17.9	%
INFORMATION TECHNOLOGY — (11.3%)
	Badger Meter, Inc.		199,391		22,427,500		0.4	%
*	Calix, Inc.		341,891		25,176,853		0.4	%
*	Fabrinet		156,606		17,915,726		0.3	%
#*	Insight Enterprises, Inc.		195,134		18,442,114		0.3	%
#	Kulicke & Soffa Industries, Inc.		372,420		15,619,295		0.2	%
#*	NetScout Systems, Inc.		429,733		15,436,009		0.2	%
*	Plexus Corp.		205,049		20,176,822		0.3	%
*	Rambus, Inc.		705,710		21,284,214		0.3	%
*	Rogers Corp.		77,667		18,277,375		0.3	%
*	Sanmina Corp.		275,638		15,449,510		0.2	%
	Other Securities				601,302,331		9.3	%
TOTAL INFORMATION TECHNOLOGY					791,507,749		12.2	%
MATERIALS — (4.8%)
	Innospec, Inc.		180,162		18,014,398		0.3	%
	Stepan Co.		166,116		17,349,155		0.3	%
	Other Securities				302,700,334		4.6	%
TOTAL MATERIALS					338,063,887		5.2	%
REAL ESTATE — (0.7%)
	Other Securities				51,069,739		0.8	%
UTILITIES — (2.3%)
	California Water Service Group		291,215		18,072,803		0.3	%
	Otter Tail Corp.		297,207		20,037,696		0.3	%
	Other Securities				121,068,262		1.9	%
TOTAL UTILITIES					159,178,761		2.5	%
TOTAL COMMON STOCKS					6,421,706,123		99.2	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				404,094		0.0	%
ENERGY — (0.0%)
	Other Security				123,827		0.0	%
INDUSTRIALS — (0.0%)
	Other Security				1,499,148		0.0	%
TOTAL PREFERRED STOCKS					2,027,069		0.0	%

53

U.S. MICRO CAP PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
RIGHTS/WARRANTS — (0.0%)
INDUSTRIALS — (0.0%)
	Other Security			$	98,615		0.0	%
TOTAL RIGHTS/WARRANTS					98,615		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $3,758,697,220)					6,423,831,807
TEMPORARY CASH INVESTMENTS — (0.7%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		50,273,230		50,273,230		0.8	%
SECURITIES LENDING COLLATERAL — (7.8%)
@§	The DFA Short Term Investment Fund		47,056,334		544,018,282		8.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $4,353,222,041)				$	7,018,123,319		108.4	%

As of October 31, 2022, U.S. Micro Cap Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		281		12/16/22	$	52,577,937	$	54,556,150	$	1,978,213
Total Futures Contracts					$	52,577,937	$	54,556,150	$	1,978,213

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	166,457,081	$	234,163		—	$	166,691,244
Consumer Discretionary		755,254,620		139,573	$	13,965		755,408,158
Consumer Staples		338,340,088		703,006		—		339,043,094
Energy		493,143,291		—		—		493,143,291
Financials		1,447,739,193		597,426		—		1,448,336,619
Health Care		716,573,393		—		3,088,082		719,661,475
Industrials		1,159,602,106		—		—		1,159,602,106
Information Technology		791,503,070		—		4,679		791,507,749
Materials		338,054,305		—		9,582		338,063,887
Real Estate		50,950,453		119,286		—		51,069,739
Utilities		159,178,761		—		—		159,178,761
Preferred Stocks
Communication Services		404,094		—		—		404,094
Energy		123,827		—		—		123,827
Industrials		1,499,148		—		—		1,499,148
Rights/Warrants
Industrials		—		—		98,615		98,615
Temporary Cash Investments		50,273,230		—		—		50,273,230

54

U.S. MICRO CAP PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	544,018,282		—		$	544,018,282
Futures Contracts**	$	1,978,213		—		—			1,978,213
TOTAL	$	6,471,074,873	$	545,811,736	$	3,214,923	^	$	7,020,101,532

** 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.

55

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.2%)
COMMUNICATION SERVICES — (2.6%)
	Verizon Communications, Inc.		2,295,603	$	85,786,684		1.8	%
	Other Securities				37,585,447		0.8	%
TOTAL COMMUNICATION SERVICES					123,372,131		2.6	%
CONSUMER DISCRETIONARY — (14.9%)
*	Amazon.com, Inc.		876,336		89,771,860		1.9	%
	Dollar General Corp.		104,446		26,638,952		0.6	%
	Home Depot, Inc.		481,459		142,574,454		3.1	%
	Lowe’s Cos., Inc.		318,826		62,155,129		1.3	%
	NIKE, Inc., Class B		575,931		53,377,285		1.1	%
*	O’Reilly Automotive, Inc.		42,428		35,519,449		0.8	%
	Ross Stores, Inc.		348,574		33,355,046		0.7	%
	Target Corp.		269,232		44,221,356		1.0	%
	TJX Cos., Inc.		600,719		43,311,840		0.9	%
	Other Securities				163,286,181		3.5	%
TOTAL CONSUMER DISCRETIONARY					694,211,552		14.9	%
CONSUMER STAPLES — (12.0%)
	Altria Group, Inc.		940,393		43,511,984		0.9	%
	Coca-Cola Co.		1,449,059		86,726,181		1.9	%
	Costco Wholesale Corp.		167,842		84,172,763		1.8	%
	Kroger Co.		743,305		35,150,893		0.7	%
	PepsiCo, Inc.		701,377		127,356,036		2.7	%
	Procter & Gamble Co.		452,798		60,978,307		1.3	%
	Other Securities				121,740,099		2.7	%
TOTAL CONSUMER STAPLES					559,636,263		12.0	%
ENERGY — (3.3%)
	ConocoPhillips		417,327		52,620,762		1.1	%
	Occidental Petroleum Corp.		1,054,159		76,531,943		1.6	%
	Other Securities				22,639,942		0.6	%
TOTAL ENERGY					151,792,647		3.3	%
FINANCIALS — (4.0%)
	American Express Co.		354,187		52,579,060		1.1	%
	Ameriprise Financial, Inc.		106,466		32,910,770		0.7	%
	Other Securities				98,511,983		2.1	%
TOTAL FINANCIALS					184,001,813		3.9	%
HEALTH CARE — (14.9%)
	AbbVie, Inc.		828,039		121,224,910		2.6	%
	Amgen, Inc.		295,444		79,873,285		1.7	%
	Bristol-Myers Squibb Co.		669,834		51,892,040		1.1	%
	Eli Lilly & Co.		410,332		148,577,114		3.2	%
	Gilead Sciences, Inc.		694,162		54,463,951		1.2	%
	Merck & Co., Inc.		493,090		49,900,708		1.1	%
	Zoetis, Inc.		201,953		30,450,473		0.7	%
	Other Securities				157,061,398		3.3	%
TOTAL HEALTH CARE					693,443,879		14.9	%

56

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (12.5%)
	3M Co.		310,822	$	39,098,299		0.8	%
	Caterpillar, Inc.		274,386		59,393,593		1.3	%
	Deere & Co.		150,390		59,527,370		1.3	%
	Illinois Tool Works, Inc.		135,400		28,911,962		0.6	%
	Lockheed Martin Corp.		131,316		63,908,871		1.4	%
	Union Pacific Corp.		360,313		71,032,105		1.5	%
	United Parcel Service, Inc., Class B		394,779		66,232,073		1.4	%
	Waste Management, Inc.		218,335		34,577,714		0.7	%
	Other Securities				158,450,764		3.5	%
TOTAL INDUSTRIALS					581,132,751		12.5	%
INFORMATION TECHNOLOGY — (32.2%)
	Accenture PLC, Class A		311,576		88,456,426		1.9	%
	Apple, Inc.		1,471,447		225,631,683		4.8	%
	Applied Materials, Inc.		522,179		46,103,184		1.0	%
	Automatic Data Processing, Inc.		196,951		47,603,057		1.0	%
	Broadcom, Inc.		211,162		99,271,479		2.1	%
	International Business Machines Corp.		559,508		77,374,361		1.7	%
	Lam Research Corp.		72,492		29,343,312		0.6	%
	Mastercard, Inc., Class A		352,677		115,741,538		2.5	%
	Microsoft Corp.		896,664		208,142,614		4.5	%
	Oracle Corp.		1,054,524		82,326,689		1.8	%
	QUALCOMM, Inc.		560,047		65,895,130		1.4	%
	Texas Instruments, Inc.		528,220		84,847,979		1.8	%
	Visa, Inc., Class A		571,060		118,300,790		2.5	%
	Other Securities				210,148,402		4.6	%
TOTAL INFORMATION TECHNOLOGY					1,499,186,644		32.2	%
MATERIALS — (2.6%)
#	Nucor Corp.		249,069		32,722,685		0.7	%
	Other Securities				90,600,901		1.9	%
TOTAL MATERIALS					123,323,586		2.6	%
UTILITIES — (0.2%)
	Other Security				7,344,470		0.2	%
TOTAL COMMON STOCKS (Cost $3,694,848,408)					4,617,445,736		99.1	%
TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		36,049,994		36,049,994		0.8	%
SECURITIES LENDING COLLATERAL — (0.0%)
@§	The DFA Short Term Investment Fund		241,134		2,787,749		0.0	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,733,686,613)				$	4,656,283,479		99.9	%

57

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

As of October 31, 2022, U.S. High Relative Profitability Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		165		12/16/22	$	33,471,267	$	32,034,750	$	(1,436,517	)
Total Futures Contracts					$	33,471,267	$	32,034,750	$	(1,436,517	)

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	123,372,131			—		—	$	123,372,131
Consumer Discretionary		694,211,552			—		—		694,211,552
Consumer Staples		559,636,263			—		—		559,636,263
Energy		151,792,647			—		—		151,792,647
Financials		184,001,813			—		—		184,001,813
Health Care		693,443,879			—		—		693,443,879
Industrials		581,132,751			—		—		581,132,751
Information Technology		1,499,186,644			—		—		1,499,186,644
Materials		123,323,586			—		—		123,323,586
Utilities		7,344,470			—		—		7,344,470
Temporary Cash Investments		36,049,994			—		—		36,049,994
Securities Lending Collateral		—		$	2,787,749		—		2,787,749
Futures Contracts**		(1,436,517	)		—		—		(1,436,517	)
TOTAL	$	4,652,059,213		$	2,787,749		—	$	4,654,846,962

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

See accompanying Notes to Financial Statements.

58

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (94.2%)
REAL ESTATE — (94.2%)
#	Agree Realty Corp.		545,571	$	37,480,728		0.5	%
	Alexandria Real Estate Equities, Inc.		1,081,627		157,160,403		1.9	%
#	American Homes 4 Rent, Class A		2,156,016		68,863,151		0.9	%
	American Tower Corp.		3,257,589		674,939,865		8.4	%
	Apartment Income REIT Corp.		1,080,915		41,539,563		0.5	%
	AvalonBay Communities, Inc.		982,480		172,051,898		2.1	%
	Boston Properties, Inc.		1,038,979		75,533,773		0.9	%
	Brixmor Property Group, Inc.		2,091,030		44,559,849		0.6	%
	Camden Property Trust		703,641		81,305,718		1.0	%
	Crown Castle, Inc.		3,028,608		403,592,302		5.0	%
	CubeSmart		1,563,701		65,472,161		0.8	%
	Digital Realty Trust, Inc.		2,005,474		201,048,768		2.5	%
	EastGroup Properties, Inc.		302,831		47,450,589		0.6	%
	Equinix, Inc.		634,214		359,244,178		4.5	%
	Equity LifeStyle Properties, Inc.		1,245,105		79,636,916		1.0	%
	Equity Residential		2,509,241		158,132,368		2.0	%
	Essex Property Trust, Inc.		459,462		102,110,835		1.3	%
	Extra Space Storage, Inc.		919,925		163,231,492		2.0	%
	Federal Realty Investment Trust		508,104		50,292,134		0.6	%
#	First Industrial Realty Trust, Inc.		932,866		44,432,408		0.5	%
	Gaming & Leisure Properties, Inc.		1,769,659		88,695,309		1.1	%
#	Healthcare Realty Trust, Inc., Class A		2,643,894		53,750,365		0.7	%
	Healthpeak Properties, Inc.		3,707,009		87,967,324		1.1	%
	Host Hotels & Resorts, Inc.		4,931,543		93,107,532		1.2	%
	Invitation Homes, Inc.		4,260,702		135,021,646		1.7	%
#	Iron Mountain, Inc.		2,014,924		100,887,245		1.2	%
	Kimco Realty Corp.		4,290,583		91,732,665		1.1	%
	Lamar Advertising Co., Class A		600,787		55,410,585		0.7	%
	Life Storage, Inc.		587,234		64,953,953		0.8	%
#	Medical Properties Trust, Inc.		4,071,424		46,617,805		0.6	%
	Mid-America Apartment Communities, Inc.		813,302		128,054,400		1.6	%
	National Retail Properties, Inc.		1,234,127		51,870,358		0.6	%
#	Omega Healthcare Investors, Inc.		1,615,109		51,328,164		0.6	%
	Prologis, Inc.		6,486,833		718,416,755		8.9	%
	Public Storage		1,113,219		344,819,585		4.3	%
#	Realty Income Corp.		4,309,331		268,342,041		3.3	%
	Regency Centers Corp.		1,072,350		64,887,898		0.8	%
	Rexford Industrial Realty, Inc.		1,197,298		66,186,633		0.8	%
	SBA Communications Corp.		754,403		203,613,370		2.5	%
	Simon Property Group, Inc.		2,260,275		246,324,769		3.1	%
	Spirit Realty Capital, Inc.		951,913		36,962,782		0.5	%
	STAG Industrial, Inc.		1,250,532		39,504,306		0.5	%
	STORE Capital Corp.		1,803,795		57,360,681		0.7	%
	Sun Communities, Inc.		859,809		115,945,244		1.4	%
	UDR, Inc.		2,267,249		90,145,820		1.1	%
	Ventas, Inc.		2,778,270		108,713,705		1.3	%
	VICI Properties, Inc.		6,661,659		213,306,321		2.6	%
	Welltower, Inc.		3,233,300		197,360,632		2.4	%
#	WP Carey, Inc.		1,338,317		102,113,587		1.3	%
	Other Securities				1,000,811,127		12.4	%
TOTAL COMMON STOCKS (Cost $5,253,633,866)					7,952,291,706		98.5	%

59

DFA REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
TEMPORARY CASH INVESTMENTS — (1.5%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		124,840,173	$	124,840,173		1.6	%
SECURITIES LENDING COLLATERAL — (4.3%)
@§	The DFA Short Term Investment Fund		31,631,386		365,690,456		4.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $5,744,323,273)				$	8,442,822,335		104.6	%

As of October 31, 2022, DFA Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		619		12/16/22	$	117,458,517	$	120,178,850	$	2,720,333
Total Futures Contracts					$	117,458,517	$	120,178,850	$	2,720,333

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Real Estate	$	7,952,291,706		—		—	$	7,952,291,706
Temporary Cash Investments		124,840,173		—		—		124,840,173
Securities Lending Collateral		—	$	365,690,456		—		365,690,456
Futures Contracts**		2,720,333		—		—		2,720,333
TOTAL	$	8,079,852,212	$	365,690,456		—	$	8,445,542,668

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

See accompanying Notes to Financial Statements.

60

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	Enhanced U.S. Large Company Portfolio*			U.S. Large Cap Equity Portfolio*		U.S. Large Cap Value Portfolio		U.S. Targeted Value Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—			—	$	23,311,527		—
Investment Securities at Value (including $6,346, $33,009, $0 and $956,565 of securities on loan, respectively)	$	245,109		$	1,607,757		—	$	11,720,016
Temporary Cash Investments at Value & Cost		—			2,643		—		125,773
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $6,493, $7,336, $0 and $856,513, respectively)		6,490			7,333		—		856,197
Segregated Cash for Futures Contracts		—			—		—		6,680
Foreign Currencies at Value		2			—		—		—
Cash		13,538			2,037		—		—
Receivables:
Investment Securities Sold		278			2,978		—		3,723
Dividends and Interest		1,676			1,353		—		4,964
Securities Lending Income		3			8		—		254
Fund Shares Sold		216			523		11,590		7,688
Unrealized Gain on Forward Currency Contracts		1,024			—		—		—
Prepaid Expenses and Other Assets		21			17		106		59
Total Assets		268,357			1,624,649		23,323,223		12,725,354
LIABILITIES:
Payables:
Due to Custodian		—			—		—		1,509
Upon Return of Securities Loaned		6,770			8,220		—		700,628
Investment Securities Purchased		—			1,129		—		156,310
Fund Shares Redeemed		475			1,274		25,955		9,922
Due to Advisor		30			133		1,668		2,556
Futures Margin Variation		1,908			—		—		388
Unrealized Loss on Forward Currency Contracts		502			—		—		—
Accrued Expenses and Other Liabilities		31			95		713		606
Total Liabilities		9,716			10,851		28,336		871,919
NET ASSETS	$	258,641		$	1,613,798	$	23,294,887	$	11,853,435
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R1 Shares — based on net assets of $0; $0; $0 and $32,553 and shares outstanding of 0, 0, 0 and 1,132,785, respectively		N/A			N/A		N/A	$	28.74
NUMBER OF SHARES AUTHORIZED		N/A			N/A		N/A		200,000,000
Class R2 Shares — based on net assets of $0; $0; $0 and $74,146 and shares outstanding of 0, 0, 0 and 2,594,370, respectively		N/A			N/A		N/A	$	28.58
NUMBER OF SHARES AUTHORIZED		N/A			N/A		N/A		200,000,000
Institutional Class Shares — based on net assets of $258,641; $1,613,798; $23,294,887 and $11,746,736 and shares outstanding of 24,955,777, 69,849,585, 550,964,102 and 408,705,991, respectively	$	10.36		$	23.10	$	42.28	$	28.74
NUMBER OF SHARES AUTHORIZED		1,000,000,000			1,000,000,000		4,000,000,000		1,500,000,000
Investment Securities at Cost	$	257,901		$	856,972		N/A	$	7,947,185
Foreign Currencies at Cost	$	2		$	—	$	—	$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	332,703		$	814,887	$	13,975,569	$	7,665,859
Total Distributable Earnings (Loss)		(74,062	)		798,911		9,319,318		4,187,576
NET ASSETS	$	258,641		$	1,613,798	$	23,294,887	$	11,853,435

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

See accompanying Notes to Financial Statements.

61

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

			U.S. Core		U.S. Core		U.S. Vector
	U.S. Small Cap		Equity 1		Equity 2		Equity
	Value Portfolio*		Portfolio*		Portfolio*		Portfolio*
ASSETS:
Investment Securities at Value (including $1,054,810, $1,386,939, $1,530,820 and $303,032 of securities on loan, respectively)	$	14,222,566	$	27,702,809	$	28,996,652	$	4,380,981
Temporary Cash Investments at Value & Cost		115,130		248,087		272,588		37,533
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $939,333, $1,197,612, $1,077,301 and $227,708, respectively)		939,014		1,197,211		1,076,958		227,604
Segregated Cash for Futures Contracts		6,040		16,160		12,790		1,810
Cash		—		14,055		8,513		1,502
Receivables:
Investment Securities Sold		31,562		76,745		36,333		6,371
Dividends and Interest		7,184		22,078		21,565		2,693
Securities Lending Income		323		429		468		102
Fund Shares Sold		8,919		10,467		8,738		2,336
Prepaid Expenses and Other Assets		102		222		155		34
Total Assets		15,330,840		29,288,263		30,434,760		4,660,966
LIABILITIES:
Payables:
Due to Custodian		1,274		—		—		—
Upon Return of Securities Loaned		969,028		1,131,496		1,108,626		227,703
Investment Securities Purchased		—		66,660		16,180		3,970
Fund Shares Redeemed		11,261		26,116		29,142		2,848
Due to Advisor		3,195		2,731		3,790		890
Futures Margin Variation		853		4,781		1,807		256
Accrued Expenses and Other Liabilities		791		1,197		1,268		239
Total Liabilities		986,402		1,232,981		1,160,813		235,906
NET ASSETS	$	14,344,438	$	28,055,282	$	29,273,947	$	4,425,060
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $14,344,438; $28,055,282; $29,273,947 and $4,425,060 and shares outstanding of 341,473,278, 913,841,700, 1,045,136,809 and 198,910,828, respectively	$	42.01	$	30.70	$	28.01	$	22.25
NUMBER OF SHARES AUTHORIZED		3,400,000,000		3,000,000,000		4,600,000,000		2,000,000,000
Investment Securities at Cost	$	9,287,201	$	13,059,889	$	13,737,377	$	2,236,989
NET ASSETS CONSIST OF:
Paid-In Capital	$	8,737,206	$	12,721,176	$	13,170,523	$	2,135,719
Total Distributable Earnings (Loss)		5,607,232		15,334,106		16,103,424		2,289,341
NET ASSETS	$	14,344,438	$	28,055,282	$	29,273,947	$	4,425,060

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

See accompanying Notes to Financial Statements.

62

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

					U.S. High		DFA Real
					Relative		Estate
	U.S. Small Cap		U.S. Micro Cap		Profitability		Securities
	Portfolio*		Portfolio*		Portfolio*		Portfolio*
ASSETS:
Investment Securities at Value (including $1,765,485, $648,270, $36,288 and $454,251 of securities on loan, respectively)	$	13,795,160	$	6,423,832	$	4,617,446	$	7,952,292
Temporary Cash Investments at Value & Cost		92,670		50,273		36,050		124,840
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $1,541,139, $544,252, $2,788 and $365,849, respectively)		1,540,634		544,018		2,788		365,690
Segregated Cash for Futures Contracts		5,170		2,810		1,650		6,190
Cash		1,063		807		—		—
Receivables:
Investment Securities Sold		138,111		1,340		3,272		436
Dividends and Interest		4,659		2,762		6,568		4,500
Securities Lending Income		432		205		7		125
Fund Shares Sold		6,247		1,383		2,455		2,988
Futures Margin Variation		128		—		—		—
Prepaid Expenses and Other Assets		55		67		46		59
Total Assets		15,584,329		7,027,497		4,670,282		8,457,120
LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,677,242		534,124		2,860		364,037
Investment Securities Purchased		—		10,299		666		7,747
Fund Shares Redeemed		19,986		4,924		3,258		13,984
Due to Advisor		2,790		1,962		715		1,024
Futures Margin Variation		—		397		233		874
Accrued Expenses and Other Liabilities		709		357		252		528
Total Liabilities		1,700,727		552,063		7,984		388,194
NET ASSETS	$	13,883,602	$	6,475,434	$	4,662,298	$	8,068,926
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares - based on net assets of $13,883,602; $6,475,434; $4,662,298 and $8,068,926 and shares outstanding of 338,118,885, 264,805,350, 270,531,925 and 210,180,866, respectively	$	41.06	$	24.45	$	17.23	$	38.39
NUMBER OF SHARES AUTHORIZED		2,000,000,000		3,000,000,000		500,000,000		1,700,000,000
Investment Securities at Cost	$	7,784,405	$	3,758,697	$	3,694,848	$	5,253,634
NET ASSETS CONSIST OF:
Paid-In Capital	$	7,359,672	$	3,567,492	$	3,648,595	$	5,067,575
Total Distributable Earnings (Loss)		6,523,930		2,907,942		1,013,703		3,001,351
NET ASSETS	$	13,883,602	$	6,475,434	$	4,662,298	$	8,068,926

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

See accompanying Notes to Financial Statements.

63

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	Enhanced U.S.
	Large			U.S. Large Cap
	Company			Equity			U.S. Large Cap			U.S. Targeted
	Portfolio#			Portfolio#			Value Portfolio*			Value Portfolio#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $38 and $0, respectively)		—			—		$	553,562			—
Income from Securities Lending		—			—			561			—
Expenses Allocated from Affiliated Investment Companies		—			—			(25,288	)		—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			528,835			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $5, $0 and $297, respectively)		—		$	29,715			—		$	212,967
Interest	$	4,722			—			—			—
Income from Securities Lending		11			67			—			1,302
Total Fund Investment Income		4,733			29,782			—			214,269
Fund Expenses
Investment Management Fees		404			1,887			45,731			33,964
Accounting & Transfer Agent Fees		32			272			3,332			921
S&P 500® Fees		45			—			—			—
Custodian Fees		20			28			—			187
Shareholder Servicing Fees
Class R1 Shares		—			—			—			47
Class R2 Shares		—			—			—			164
Filing Fees		24			33			223			196
Shareholders’ Reports		26			61			348			390
Directors’/Trustees’ Fees & Expenses		1			14			114			62
Professional Fees		4			25			305			167
Previously Waived Fees Recovered by Advisor (Note C)		11			—			—			—
Other		4			66			177			383
Total Fund Expenses		571			2,386			50,230			36,481
Fees Waived, Expenses Reimbursed by Advisor (Note C)		65			—			24,071			—
Fees Paid Indirectly (Note C)		8			—			—			—
Net Expenses		498			2,386			26,159			36,481
Net Investment Income (Loss)		4,235			27,396			502,676			177,788
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(18,469	)		55,532			—			481,149
Affiliated Investment Companies Shares Sold		2			(4	)		—			(183	)
Transactions Allocated from Affiliated Investment Company**		—			—			638,941			—
Futures		(26,807	)		107			—			(21,845	)
Foreign Currency Transactions		(30	)		—			—			—
Forward Currency Contracts		8,012			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(10,721	)		(370,165	)		—			(802,130	)
Affiliated Investment Companies Shares		(2	)		(5	)		—			(345	)
Transactions Allocated from Affiliated Investment Company		—			—			(2,005,602	)		—
Futures		(30,214	)		—			—			398
Translation of Foreign Currency-Denominated Amounts		(23	)		—			—			—
Forward Currency Contracts		3,153			—			—			—
Net Realized and Unrealized Gain (Loss)		(75,099	)		(314,535	)		(1,366,661	)		(342,956	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(70,864	)	$	(287,139	)	$	(863,985	)	$	(165,168	)

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

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

64

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	U.S. Small Cap Value Portfolio#			U.S. Core Equity 1 Portfolio#			U.S. Core Equity 2 Portfolio#			U.S. Vector Equity Portfolio#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $686, $103, $140 and $38, respectively)	$	277,641		$	491,360		$	504,013		$	82,494
Income from Securities Lending		1,443			2,027			2,347			483
Total Investment Income		279,084			493,387			506,360			82,977
Expenses
Investment Management Fees		44,129			36,483			50,809			11,712
Accounting & Transfer Agent Fees		1,830			4,887			4,600			799
Custodian Fees		232			374			396			73
Filing Fees		176			356			356			78
Shareholders’ Reports		287			567			584			101
Directors’/Trustees’ Fees & Expenses		67			168			144			22
Professional Fees		170			410			429			60
Other		354			747			785			123
Total Expenses		47,245			43,992			58,103			12,968
Net Expenses		47,245			43,992			58,103			12,968
Net Investment Income (Loss)		231,839			449,395			448,257			70,009
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		724,122			746,757			908,780			159,333
Affiliated Investment Companies Shares Sold		(244	)		(228	)		(225	)		(49	)
Futures		(14,918	)		(31,585	)		(34,730	)		(5,485	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(849,358	)		(5,000,570	)		(5,092,843	)		(594,083	)
Affiliated Investment Companies Shares		(387	)		(421	)		(384	)		(121	)
Futures		4,538			(15,318	)		(11,179	)		(1,963	)
Net Realized and Unrealized Gain (Loss)		(136,247	)		(4,301,365	)		(4,230,581	)		(442,368	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	95,592		$	(3,851,970	)	$	(3,782,324	)	$	(372,359	)

** 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.

65

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	U.S. Small Cap Portfolio#			U.S. Micro Cap Portfolio#			U.S. High Relative Profitability Portfolio#			DFA Real Estate Securities Portfolio#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $172, $125, $1 and $0, respectively)	$	203,156		$	98,972		$	96,082		$	212,523
Income from Securities Lending		2,232			1,152			68			499
Total Investment Income		205,388			100,124			96,150			213,022
Fund Expenses
Investment Management Fees		39,156			26,213			10,155			16,905
Accounting & Transfer Agent Fees		1,334			852			918			1,408
Custodian Fees		264			131			72			123
Filing Fees		149			115			151			124
Shareholders’ Reports		280			144			261			344
Directors’/Trustees’ Fees & Expenses		67			31			62			43
Professional Fees		173			83			75			141
Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			79
Other		391			168			155			236
Total Fund Expenses		41,814			27,737			11,849			19,403
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			—			1,502
Net Expenses		41,814			27,737			11,849			17,901
Net Investment Income (Loss)		163,574			72,387			84,301			195,121
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		597,912			280,167			113,487			343,226
Affiliated Investment Companies Shares Sold		(303	)		(141	)		(7	)		(91	)
Futures		(21,083	)		(16,098	)		(7,134	)		(10,229	)
In-Kind Redemptions		—			37,518			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,273,036	)		(939,247	)		(678,479	)		(2,500,744	)
Affiliated Investment Companies Shares		(567	)		(266	)		—			(185	)
Futures		(1,773	)		119			(2,379	)		323
Net Realized and Unrealized Gain (Loss)		(1,698,850	)		(637,948	)		(574,512	)		(2,167,700	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,535,276	)	$	(565,561	)	$	(490,211	)	$	(1,972,579	)

** 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.

66

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Enhanced U.S. Large Company Portfolio						U.S. Large Cap Equity Portfolio						U.S. Large Cap Value Portfolio***
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	4,235		$	2,465		$	27,396		$	27,055		$	502,676		$	429,517
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(18,469	)		8,383			55,532			77,747			—			—
Affiliated Investment Companies Shares Sold		2			—			(4	)		(3	)		—			—
Transactions Allocated from Affiliated Investment Company*,**		—			—			—			—			638,941			1,197,847
Futures		(26,807	)		121,329			107			—			—			—
Foreign Currency Transactions		(30	)		(56	)		—			—			—			—
Forward Currency Contracts		8,012			(2,075	)		—			—			—			—
In-Kind Redemptions		—			—			—			11,793			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(10,721	)		(6,769	)		(370,165	)		578,484			—			—
Affiliated Investment Companies Shares		(2	)		—			(5	)		(2	)		—			—
Transactions Allocated from Affiliated Investment Company		—			—			—			—			(2,005,602	)		7,131,104
Futures		(30,214	)		29,567			—			—			—			—
Translation of Foreign Currency-Denominated Amounts		(23	)		(4	)		—			—			—			—
Forward Currency Contracts		3,153			(3,235	)		—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(70,864	)		149,605			(287,139	)		695,074			(863,985	)		8,758,468
Distributions:
Institutional Class Shares		(133,571	)		(30,328	)		(90,612	)		(27,774	)		(1,117,729	)		(401,298	)
Capital Share Transactions (1):
Shares Issued		48,491			57,957			213,960			291,004			4,190,043			4,217,940
Shares Issued in Lieu of Cash Distributions		133,398			30,299			81,512			24,838			1,033,573			375,792
Shares Redeemed		(145,680	)		(213,988	)		(504,737	)		(475,766	)		(5,256,718	)		(6,356,276	)
Net Increase (Decrease) from Capital Share Transactions		36,209			(125,732	)		(209,265	)		(159,924	)		(33,102	)		(1,762,544	)
Total Increase (Decrease) in Net Assets		(168,226	)		(6,455	)		(587,016	)		507,376			(2,014,816	)		6,594,626
Net Assets
Beginning of Year		426,867			433,322			2,200,814			1,693,438			25,309,703			18,715,077
End of Year	$	258,641		$	426,867		$	1,613,798		$	2,200,814		$	23,294,887		$	25,309,703
(1) Shares Issued and Redeemed:
Shares Issued		3,691			3,614			8,558			11,836			96,435			99,361
Shares Issued in Lieu of Cash Distributions		10,160			2,042			3,061			994			23,697			8,865
Shares Redeemed		(11,934	)		(13,433	)		(20,072	)		(19,169	)		(120,437	)		(152,905	)
Net Increase (Decrease) from Shares Issued and Redeemed		1,917			(7,777	)		(8,453	)		(6,339	)		(305	)		(44,679	)

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

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

67

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Targeted Value Portfolio						U.S. Small Cap Value Portfolio						U.S. Core Equity 1 Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	177,788		$	198,730		$	231,839		$	282,263		$	449,395		$	410,758
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		481,149			1,091,327			724,122			1,961,127			746,757			975,666
Affiliated Investment Companies Shares Sold		(183	)		(19	)		(244	)		(6	)		(228	)		6
Futures		(21,845	)		31,099			(14,918	)		35,883			(31,585	)		74,671
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(802,130	)		4,695,607			(849,358	)		4,964,267			(5,000,570	)		9,374,964
Affiliated Investment Companies Shares		(345	)		(24	)		(387	)		(18	)		(421	)		(42	)
Futures		398			5,644			4,538			6,558			(15,318	)		12,449
Net Increase (Decrease) in Net Assets Resulting from Operations		(165,168	)		6,022,364			95,592			7,250,074			(3,851,970	)		10,848,472
Distributions:
Class R1 Shares		(5,129	)		(889	)		—			—			—			—
Class R2 Shares		(5,446	)		(922	)		—			—			—			—
Institutional Class Shares		(964,425	)		(186,950	)		(1,470,644	)		(282,350	)		(1,269,285	)		(396,374	)
Total Distributions		(975,000	)		(188,761	)		(1,470,644	)		(282,350	)		(1,269,285	)		(396,374	)
Capital Share Transactions (1):
Shares Issued		2,691,895			2,413,093			2,634,579			2,353,153			4,313,735			3,731,277
Shares Issued in Lieu of Cash Distributions		935,419			181,306			1,344,674			257,340			1,221,541			385,732
Shares Redeemed		(3,369,049	)		(4,489,318	)		(3,405,110	)		(4,913,927	)		(5,743,780	)		(5,612,000	)
Net Increase (Decrease) from Capital Share Transactions		258,265			(1,894,919	)		574,143			(2,303,434	)		(208,504	)		(1,494,991	)
Total Increase (Decrease) in Net Assets		(881,903	)		3,938,684			(800,909	)		4,664,290			(5,329,759	)		8,957,107
Net Assets
Beginning of Year		12,735,338			8,796,654			15,145,347			10,481,057			33,385,041			24,427,934
End of Year	$	11,853,435		$	12,735,338		$	14,344,438		$	15,145,347		$	28,055,282		$	33,385,041
(1) Shares Issued and Redeemed:
Shares Issued		93,255			85,084			63,267			56,798			132,367			115,212
Shares Issued in Lieu of Cash Distributions		32,294			6,639			32,160			6,840			35,760			11,903
Shares Redeemed		(116,048	)		(162,459	)		(80,833	)		(120,183	)		(175,289	)		(173,808	)
Net Increase (Decrease) from Shares Issued and Redeemed		9,501			(70,736	)		14,594			(56,545	)		(7,162	)		(46,693	)

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

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

See accompanying Notes to Financial Statements.

68

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Core Equity 2 Portfolio						U.S. Vector Equity Portfolio						U.S. Small Cap Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	448,257		$	416,576		$	70,009		$	63,055		$	163,574		$	187,098
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		908,780			1,429,312			159,333			359,202			597,912			1,236,222
Affiliated Investment Companies Shares Sold		(225	)		5			(49	)		(10	)		(303	)		(15	)
Futures		(34,730	)		77,878			(5,485	)		10,622			(21,083	)		29,482
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(5,092,843	)		9,830,032			(594,083	)		1,496,357			(2,273,036	)		5,738,332
Affiliated Investment Companies Shares		(384	)		(46	)		(121	)		(6	)		(567	)		(46	)
Futures		(11,179	)		10,410			(1,963	)		1,490			(1,773	)		7,732
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,782,324	)		11,764,167			(372,359	)		1,930,710			(1,535,276	)		7,198,805
Distributions:
Institutional Class Shares		(1,676,395	)		(403,127	)		(387,023	)		(59,880	)		(1,001,810	)		(191,245	)
Capital Share Transactions (1):
Shares Issued		3,998,679			4,280,791			667,556			622,066			2,418,174			1,966,837
Shares Issued in Lieu of Cash Distributions		1,650,798			396,434			381,930			59,202			944,361			180,123
Shares Redeemed		(6,065,708	)		(6,559,673	)		(1,047,819	)		(982,039	)		(3,689,252	)		(5,596,845	)
Net Increase (Decrease) from Capital Share Transactions		(416,231	)		(1,882,448	)		1,667			(300,771	)		(326,717	)		(3,449,885	)
Total Increase (Decrease) in Net Assets		(5,874,950	)		9,478,592			(757,715	)		1,570,059			(2,863,803	)		3,557,675
Net Assets
Beginning of Year		35,148,897			25,670,305			5,182,775			3,612,716			16,747,405			13,189,730
End of Year	$	29,273,947		$	35,148,897		$	4,425,060		$	5,182,775		$	13,883,602		$	16,747,405
(1) Shares Issued and Redeemed:
Shares Issued		134,993			144,078			28,984			26,612			57,023			44,774
Shares Issued in Lieu of Cash Distributions.		52,814			13,361			16,017			2,515			21,166			4,260
Shares Redeemed		(202,581	)		(224,097	)		(45,273	)		(42,433	)		(85,366	)		(129,256	)
Net Increase (Decrease) from Shares Issued and Redeemed		(14,774	)		(66,658	)		(272	)		(13,306	)		(7,177	)		(80,222	)

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

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

See accompanying Notes to Financial Statements.

69

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Micro Cap Portfolio						U.S. High Relative Profitability Portfolio						DFA Real Estate Securities Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	72,387		$	62,481		$	84,301		$	73,782		$	195,121		$	210,998
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		280,167			742,238			113,487			131,919			343,226			148,206
Affiliated Investment Companies Shares Sold		(141	)		(21	)		(7	)		—			(91	)		(14	)
Futures		(16,098	)		16,057			(7,134	)		10,476			(10,229	)		21,701
In-Kind Redemptions		37,518			7,153			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(939,247	)		2,315,847			(678,479	)		1,189,688			(2,500,744	)		3,314,181
Affiliated Investment Companies Shares		(266	)		(10	)		—			(1	)		(185	)		(7	)
Futures		119			3,108			(2,379	)		1,528			323			3,785
Net Increase (Decrease) in Net Assets Resulting from Operations		(565,561	)		3,146,853			(490,211	)		1,407,392			(1,972,579	)		3,698,850
Distributions:
Institutional Class Shares		(741,898	)		(65,321	)		(193,881	)		(70,633	)		(291,803	)		(250,605	)
Capital Share Transactions (1):
Shares Issued		1,087,837			707,002			1,190,255			1,659,760			1,555,500			1,673,718
Shares Issued in Lieu of Cash Distributions		683,212			60,120			193,188			70,349			263,575			221,041
Shares Redeemed		(1,442,021	)		(1,515,047	)		(1,872,690	)		(860,356	)		(2,700,865	)		(2,265,461	)
Net Increase (Decrease) from Capital Share Transactions		329,028			(747,925	)		(489,247	)		869,753			(881,790	)		(370,702	)
Total Increase (Decrease) in Net Assets		(978,431	)		2,333,607			(1,173,339	)		2,206,512			(3,146,172	)		3,077,543
Net Assets
Beginning of Year		7,453,865			5,120,258			5,835,637			3,629,125			11,215,098			8,137,555
End of Year	$	6,475,434		$	7,453,865		$	4,662,298		$	5,835,637		$	8,068,926		$	11,215,098
(1) Shares Issued and Redeemed:
Shares Issued		43,512			26,537			65,459			95,038			34,851			40,000
Shares Issued in Lieu of Cash Distributions		25,842			2,311			10,217			3,936			5,474			5,800
Shares Redeemed		(56,767	)		(58,103	)		(104,293	)		(48,305	)		(59,493	)		(54,340	)
Net Increase (Decrease) from Shares Issued and Redeemed		12,587			(29,255	)		(28,617	)		50,669			(19,168	)		(8,540	)

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

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

See accompanying Notes to Financial Statements.

70

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

71

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

72

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

73

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

74

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

75

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

76

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

77

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

78

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

79

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

Of the Portfolios, one (the “Feeder Fund”) invests all of its assets in a corresponding series (the “Master Fund” which is treated as a partnership for federal income tax purposes) of The DFA Investment Trust Company (“DFAITC”). As of October 31, 2022, the Feeder Fund was the owner of record of the approximate percentage of the total outstanding shares of the Master Fund as detailed below:

Feeder Fund	Master Fund	Percentage Ownership at 10/31/22
U.S. Large Cap Value Portfolio	The U.S. Large Cap Value Series		86	%

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

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

B. Significant Accounting Policies:

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

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

Securities held by Enhanced U.S. Large Company Portfolio, U.S. Large Cap Equity Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, U.S. Small Cap Portfolio, U.S. Micro Cap Portfolio, DFA Real Estate Securities Portfolio and U.S. High Relative Profitability Portfolio (collectively, the “Domestic Equity Portfolios”) including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Domestic Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Domestic Equity Portfolios value the securities within the range of the most recent quoted

80

bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE). These securities are generally categorized as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. These valuations are generally categorized as Level 2 or Level 3 in the hierarchy.

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

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

A summary of the inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings/Schedule of Investments (except for the Feeder Fund). The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Enhanced U.S. Large Company Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolio enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Portfolio also enters into forward currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked-to-market daily based on daily forward exchange rates.

The Enhanced U.S. Large Company Portfolio isolates the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

81

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

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

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

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

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

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

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

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

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C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolios. For the year ended October 31, 2022, the Portfolios’ investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

Enhanced U.S. Large Company Portfolio	0.12	%
U.S. Large Cap Equity Portfolio	0.10	%
U.S. Large Cap Value Portfolio	0.19	%
U.S. Targeted Value Portfolio	0.28	%*
U.S. Small Cap Value Portfolio	0.31	%*
U.S. Core Equity 1 Portfolio	0.12	%
U.S. Core Equity 2 Portfolio	0.16	%
U.S. Vector Equity Portfolio	0.25	%
U.S. Small Cap Portfolio	0.27	%*
U.S. Micro Cap Portfolio	0.39	%*
U.S. High Relative Profitability Portfolio	0.19	%*
DFA Real Estate Securities Portfolio	0.17	%

* Effective as of February 28, 2022, the management fees payable by the following Portfolios were reduced as follows:

Portfolio	Management Fee Prior to February 28, 2022			Management Fee Effective February 28, 2022
U.S. Targeted Value Portfolio		0.30	%		0.27	%
U.S. Small Cap Value Portfolio		0.36	%		0.28	%
U.S. Small Cap Portfolio		0.30	%		0.25	%
U.S. Micro Cap Portfolio		0.41	%		0.38	%
U.S. High Relative Profitability Portfolio		0.20	%		0.19	%

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-feeder Portfolios will remain in effect through February 28, 2023, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Fund, as described in the notes below, will remain in effect permanently, unless terminated by the Fund. During the year ended October 31, 2022, the non-feeder Portfolios had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the year ended October 31, 2022, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of October 31, 2022, are also reflected below (amounts in thousands). At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount in place for the Portfolio. The Advisor, however, will not be reimbursed by the Feeder Fund in connection with its Permanent Fee Waiver (defined below). The Fund, on behalf of a Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

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Institutional Class Shares	Expense Limitation Amount			Total Management Fee Limit			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
Enhanced U.S. Large Company Portfolio (1)		0.15	%		—		$	11	$	65	$	416
U.S. Large Cap Equity Portfolio (1)		0.19	%		—			—		—		—
U.S. Large Cap Value Portfolio (2)		—			0.19	%		—		24,071		—
U.S. Targeted Value Portfolio (3)		0.50	%		—			—		—		—
U.S. Core Equity 1 Portfolio (1)		0.23	%		—			—		—		—
U.S. Core Equity 2 Portfolio (1)		0.26	%		—			—		—		—
U.S. Vector Equity Portfolio (1)		0.36	%		—			—		—		—
U.S. High Relative Profitability Portfolio (4)		0.25	%		—			—		—		—
DFA Real Estate Securities Portfolio (1)		0.18	%		—			79		1,502		5,024
Class R1 Shares
U.S. Targeted Value Portfolio (5)		0.62	%		—			—		—		—
Class R2 Shares
U.S. Targeted Value Portfolio (5)		0.77	%		—			—		—		—

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

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

(3) The Advisor has contractually agreed to waive its management fee and to assume the Portfolio’s Institutional Class Shares’ expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Institutional Class Shares of the Portfolio to the rate listed above for such class of shares as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”).

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

(5) The Advisor has contractually agreed to reduce all or a portion of its management fee and to assume the direct and indirect expenses of the Class R1 shares and Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of the Class R1 shares and Class R2 shares of the Portfolio to the rate listed above for such class of shares as a percentage of average net assets (the “Expense Limitation Amount”).

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Earned Income Credit:

Additionally, the following Portfolio has entered into an arrangement with its custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolio’s custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of the Portfolio’s net assets. During the year ended October 31, 2022, expenses reduced were as follows (amount in thousands):

	Fees Paid Indirectly
Enhanced U.S. Large Company Portfolio	$	8

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, 2022, the total related amount paid by the Fund to the CCO was $166 (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, 2022, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

Enhanced U.S. Large Company Portfolio	$	3
U.S. Large Cap Equity Portfolio		—
U.S. Large Cap Value Portfolio		120
U.S. Targeted Value Portfolio		23
U.S. Small Cap Value Portfolio		136
U.S. Core Equity 1 Portfolio		—
U.S. Core Equity 2 Portfolio		12
U.S. Vector Equity Portfolio		27
U.S. Small Cap Portfolio		77
U.S. Micro Cap Portfolio		61
U.S. High Relative Profitability Portfolio		—
DFA Real Estate Securities Portfolio		31

E. Purchases and Sales of Securities:

For the year ended October 31, 2022, the Portfolios’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (with respect to the Equity Portfolios) (amounts in thousands), were as follows:

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
Enhanced U.S. Large Company Portfolio	$	207,556	$	243,604	$	179,779	$	277,670
U.S. Large Cap Equity Portfolio		—		—		134,744		399,523
U.S. Targeted Value Portfolio		—		—		2,141,785		2,404,116
U.S. Small Cap Value Portfolio		—		—		3,301,544		3,541,661
U.S. Core Equity 1 Portfolio		—		—		1,437,032		2,257,940
U.S. Core Equity 2 Portfolio		—		—		1,419,127		2,750,289
U.S. Vector Equity Portfolio		—		—		477,298		711,533

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	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
U.S. Small Cap Portfolio		—		—	$	1,916,049	$	2,717,169
U.S. Micro Cap Portfolio		—		—		1,482,243		1,443,183
U.S. High Relative Profitability Portfolio		—		—		1,017,352		1,608,748
DFA Real Estate Securities Portfolio		—		—		264,820		966,805

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

For the year ended October 31, 2022, 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, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
Enhanced U.S. Large Company Portfolio
The DFA Short Term Investment Fund	$	3,664	$	110,048	$	107,222	$	2		$	(2	)	$	6,490		561	$	106		—
Total	$	3,664	$	110,048	$	107,222	$	2		$	(2	)	$	6,490		561	$	106		—
U.S. Large Cap Equity Portfolio
The DFA Short Term Investment Fund	$	10,657	$	123,916	$	127,231	$	(4	)	$	(5	)	$	7,333		634	$	95		—
Total	$	10,657	$	123,916	$	127,231	$	(4	)	$	(5	)	$	7,333		634	$	95		—
U.S. Targeted Value Portfolio
The DFA Short Term Investment Fund	$	538,730	$	5,092,746	$	4,774,751	$	(183	)	$	(345	)	$	856,197		74,059	$	7,213		—
Total	$	538,730	$	5,092,746	$	4,774,751	$	(183	)	$	(345	)	$	856,197		74,059	$	7,213		—
U.S. Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	408,417	$	5,526,231	$	4,995,003	$	(244	)	$	(387	)	$	939,014		81,223	$	8,336		—
Total	$	408,417	$	5,526,231	$	4,995,003	$	(244	)	$	(387	)	$	939,014		81,223	$	8,336		—
U.S. Core Equity 1 Portfolio
The DFA Short Term Investment Fund	$	402,032	$	5,934,176	$	5,138,348	$	(228	)	$	(421	)	$	1,197,211		103,556	$	8,859		—
Total	$	402,032	$	5,934,176	$	5,138,348	$	(228	)	$	(421	)	$	1,197,211		103,556	$	8,859		—

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	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
U.S. Core Equity 2 Portfolio
The DFA Short Term Investment Fund	$	540,697	$	6,733,127	$	6,196,257	$	(225	)	$	(384	)	$	1,076,958		93,154	$	9,364		—
Total	$	540,697	$	6,733,127	$	6,196,257	$	(225	)	$	(384	)	$	1,076,958		93,154	$	9,364		—
U.S. Vector Equity Portfolio
The DFA Short Term Investment Fund	$	133,996	$	1,556,907	$	1,463,129	$	(49	)	$	(121	)	$	227,604		19,687	$	2,089		—
Total	$	133,996	$	1,556,907	$	1,463,129	$	(49	)	$	(121	)	$	227,604		19,687	$	2,089		—
U.S. Small Cap Portfolio
The DFA Short Term Investment Fund	$	729,470	$	7,805,935	$	6,993,901	$	(303	)	$	(567	)	$	1,540,634		133,261	$	10,929		—
Total	$	729,470	$	7,805,935	$	6,993,901	$	(303	)	$	(567	)	$	1,540,634		133,261	$	10,929		—
U.S. Micro Cap Portfolio
The DFA Short Term Investment Fund	$	421,895	$	3,081,829	$	2,959,299	$	(141	)	$	(266	)	$	544,018		47,056	$	5,370		—
Total	$	421,895	$	3,081,829	$	2,959,299	$	(141	)	$	(266	)	$	544,018		47,056	$	5,370		—
U.S. High Relative Profitability Portfolio
The DFA Short Term Investment Fund		—	$	119,030	$	116,235	$	(7	)		—		$	2,788		241		—		—
Total		—	$	119,030	$	116,235	$	(7	)		—		$	2,788		241		—		—
DFA Real Estate Securities Portfolio
The DFA Short Term Investment Fund	$	186,190	$	2,408,040	$	2,228,264	$	(91	)	$	(185	)	$	365,690		31,631	$	2,536		—
Total	$	186,190	$	2,408,040	$	2,228,264	$	(91	)	$	(185	)	$	365,690		31,631	$	2,536		—

F. Federal Income Taxes:

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

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of realized gains on securities considered to be “passive foreign investment companies,” non-deductible expenses, realized foreign capital gains

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tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

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

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

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As of October 31, 2022, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

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

As of October 31, 2022, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

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

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2022, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

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

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

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As of October 31, 2022, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Enhanced U.S. Large Company Portfolio	$	262,509		—	$	(10,388	)	$	(10,388	)
U.S. Large Cap Equity Portfolio		869,065	$	771,284		(22,618	)		748,666
U.S. Large Cap Value Portfolio		14,552,142		8,759,385		—			8,759,385
U.S. Targeted Value Portfolio		8,943,036		4,066,342		(307,392	)		3,758,950
U.S. Small Cap Value Portfolio		10,381,654		5,191,404		(296,348	)		4,895,056
U.S. Core Equity 1 Portfolio		14,486,822		15,330,204		(669,320	)		14,660,884
U.S. Core Equity 2 Portfolio		15,059,587		16,054,479		(768,212	)		15,286,267
U.S. Vector Equity Portfolio		2,499,937		2,252,714		(106,532	)		2,146,182
U.S. Small Cap Portfolio		9,429,036		6,193,927		(195,003	)		5,998,924
U.S. Micro Cap Portfolio		4,355,445		2,775,625		(112,948	)		2,662,677
U.S. High Relative Profitability Portfolio		3,734,080		1,108,365		(186,161	)		922,204
DFA Real Estate Securities Portfolio		5,803,149		3,022,066		(382,393	)		2,639,673

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolios’ tax positions and has concluded that no additional provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G. Capital Share Transactions:

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

	Year Ended October 31, 2022						Year Ended October 31, 2021
	Amount			Shares			Amount			Shares
U.S. Targeted Value Portfolio
Class R1 Shares
Shares Issued	$	15,262			517		$	40,799			1,490
Shares Issued in Lieu of Cash Distributions		5,129			176			889			32
Shares Redeemed		(54,316	)		(1,784	)		(28,559	)		(1,012	)
Net Increase (Decrease) — Class R1 Shares	$	(33,925	)		(1,091	)	$	13,129			510

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	Year Ended October 31, 2022						Year Ended October 31, 2021
	Amount			Shares			Amount			Shares
Class R2 Shares
Shares Issued	$	27,453			959		$	17,230			605
Shares Issued in Lieu of Cash Distributions		5,446			189			922			34
Shares Redeemed		(25,828	)		(885	)		(31,502	)		(1,173	)
Net Increase (Decrease) — Class R2 Shares	$	7,071			263		$	(13,350	)		(534	)
Institutional Class Shares
Shares Issued	$	2,649,180			91,779		$	2,355,064			82,989
Shares Issued in Lieu of Cash Distributions		924,844			31,929			179,495			6,573
Shares Redeemed		(3,288,905	)		(113,379	)		(4,429,257	)		(160,274	)
Net Increase (Decrease) — Institutional Class Shares	$	285,119			10,329		$	(1,894,698	)		(70,712	)

H. Financial Instruments:

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

Derivative Financial Instruments:

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

1. Forward Currency Contracts: The Enhanced U.S. Large Company Portfolio may acquire and sell forward currency contracts to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk) or to transfer balances from one currency to another currency. The Enhanced U.S. Large Company Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Enhanced U.S. Large Company Portfolio’s currency exposure with respect to a foreign market will be based primarily on the Portfolio’s existing exposure to a given foreign currency. The Enhanced U.S. Large Company Portfolio typically hedges its foreign currency exposure. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

2. Futures Contracts: Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Enhanced U.S. Large Company Portfolio may also use futures contracts and options thereon to hedge against securities prices or as part of its overall investment strategy. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

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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, 2022 was as follows (amounts in thousands):

	Forward Currency Contracts*		Futures**
Enhanced U.S. Large Company Portfolio	$	143,034	$	347,039
U.S. Targeted Value Portfolio		—		129,499
U.S. Small Cap Value Portfolio		—		158,076
U.S. Core Equity 1 Portfolio		—		274,195
U.S. Core Equity 2 Portfolio		—		276,079
U.S. Vector Equity Portfolio		—		37,048
U.S. Small Cap Portfolio		—		140,502
U.S. Micro Cap Portfolio		—		68,096
U.S. High Relative Profitability Portfolio		—		41,873
DFA Real Estate Securities Portfolio		—		97,355

* 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, 2022 (amounts in thousands):

	Asset Derivatives Value
	Total Value at October 31, 2022		Forward Currency Contracts (1)		Equity Contracts *,(2)
Enhanced U.S. Large Company Portfolio	$	1,024	$	1,024		—
U.S. Targeted Value Portfolio		3,160		—	$	3,160
U.S. Small Cap Value Portfolio		7,773		—		7,773
U.S. Small Cap Portfolio		3,916		—		3,916
U.S. Micro Cap Portfolio		1,978		—		1,978
DFA Real Estate Securities Portfolio		2,720		—		2,720

	Liability Derivatives Value
	Total Value at October 31, 2022			Forward Currency Contracts (3)			Equity Contracts *,(4)
Enhanced U.S. Large Company Portfolio	$	(18,031	)	$	(502	)	$	(17,529	)
U.S. Core Equity 1 Portfolio		(8,616	)		—			(8,616	)
U.S. Core Equity 2 Portfolio		(4,463	)		—			(4,463	)
U.S. Vector Equity Portfolio		(1,110	)		—			(1,110	)
U.S. High Relative Profitability Portfolio		(1,437	)		—			(1,437	)

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

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

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

(4) Presented on Statements of Assets and Liabilities as 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 Portfolios’ derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2022 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
Enhanced U.S. Large Company Portfolio	$	(18,795	)	$	8,012	$	(26,807	)
U.S. Large Cap Equity Portfolio		107			—		107	*
U.S. Targeted Value Portfolio		(21,845	)		—		(21,845	)
U.S. Small Cap Value Portfolio		(14,918	)		—		(14,918	)
U.S. Core Equity 1 Portfolio		(31,585	)		—		(31,585	)
U.S. Core Equity 2 Portfolio		(34,730	)		—		(34,730	)
U.S. Vector Equity Portfolio		(5,485	)		—		(5,485	)
U.S. Small Cap Portfolio		(21,083	)		—		(21,083	)
U.S. Micro Cap Portfolio		(16,098	)		—		(16,098	)
U.S. High Relative Profitability Portfolio		(7,134	)		—		(7,134	)
DFA Real Estate Securities Portfolio		(10,229	)		—		(10,229	)

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Forward Currency Contracts (3)		Equity Contracts (4)
Enhanced U.S. Large Company Portfolio	$	(27,061	)	$	3,153	$	(30,214	)
U.S. Targeted Value Portfolio		398			—		398
U.S. Small Cap Value Portfolio		4,538			—		4,538
U.S. Core Equity 1 Portfolio		(15,318	)		—		(15,318	)
U.S. Core Equity 2 Portfolio		(11,179	)		—		(11,179	)
U.S. Vector Equity Portfolio		(1,963	)		—		(1,963	)
U.S. Small Cap Portfolio		(1,773	)		—		(1,773	)
U.S. Micro Cap Portfolio		119			—		119
U.S. High Relative Profitability Portfolio		(2,379	)		—		(2,379	)
DFA Real Estate Securities Portfolio		323			—		323

(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, 2022, there were no futures contracts outstanding. During the year ended October 31, 2022, the Portfolio had limited activity in futures contracts.

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Offsetting of Derivative Assets and Derivative Liabilities:

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

For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements in the 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, 2022 (amounts in thousands):

			Net Amounts of Assets Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities											Net Amounts of Liabilities Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities
Description	Gross Amounts of Recognized Assets (a)				Financial Instruments (b)			Non-Cash Collateral Received		Cash Collateral Received		Net Amount (c)		Gross Amounts of Recognized Liabilities (a)				Financial Instruments (d)			Non-Cash Collateral Pledged		Cash Collateral Pledged		Net Amount (e)
	Assets													Liabilities
Enhanced U.S. Large Company Portfolio
Bank of America Corp	$	953	$	953	$	(164	)		—		—	$	789	$	164	$	164	$	(164	)		—		—		—
NatWest Markets PLC		—		—		—			—		—		—		201		201		—			—		—	$	201
State Street Bank and Trust		27		27		—			—		—		27		—		—		—			—		—		—
Citibank, N.A		44		44		(7	)		—		—		37		7		7		(7	)		—		—		—
UBS AG		—		—		—			—		—		—		130		130		—			—		—		130
Total	$	1,024	$	1,024	$	(171	)		—		—	$	853	$	502	$	502	$	(171	)		—		—	$	331

(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.

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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 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on January 1, 2023.

For the year ended October 31, 2022, 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 10/31/2022
U.S. Large Cap Equity Portfolio		2.56	%	$	6,038		32	$	13	$	19,900		—
U.S. Vector Equity Portfolio		1.08	%		1,245		4		—		1,245		—
U.S. High Relative Profitability Portfolio		1.58	%		15,371		1		1		15,371		—
DFA Real Estate Securities Portfolio		3.83	%		8,536		1		1		8,536		—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022, that each Portfolio’s available line of credit was used.

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

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For the year ended October 31, 2022, 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 10/31/2022
U.S. Large Cap Equity Portfolio		Borrower		0.44	%	$	50,231		4	$	2	$	51,969		—
U.S. High Relative Profitability Portfolio		Borrower		1.19	%		136,696		2		9		175,411		—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022 that the Portfolio utilized the interfund lending program.

J. Affiliated Trades:

Cross trades for the year ended October 31, 2022, if any, were executed by the Portfolios pursuant to procedures adopted by the Board of Directors of the Fund to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board of Directors of the Fund.

For the year ended October 31, 2022, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):

Portfolio	Purchases		Sales		Realized Gain (Loss)
U.S. Large Cap Equity Portfolio	$	18,885	$	54,712	$	(33	)
U.S. Targeted Value Portfolio		367,533		342,270		(131,035	)
U.S. Small Cap Value Portfolio		490,426		609,569		(95,907	)
U.S. Core Equity 1 Portfolio		206,881		188,763		(4,834	)
U.S. Core Equity 2 Portfolio		256,255		132,867		8,626
U.S. Vector Equity Portfolio		95,862		109,515		(38,683	)
U.S. Small Cap Portfolio		172,827		407,411		(111,392	)
U.S. Micro Cap Portfolio		200,453		159,721		(50,174	)
U.S. High Relative Profitability Portfolio		123,570		74,089		1,719
DFA Real Estate Securities Portfolio		21		54,094		8,695

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K. Securities Lending:

As of October 31, 2022, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. In addition, the Portfolios received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

	Non-Cash Collateral Market Value
U.S. Large Cap Equity Portfolio	$	26,444
U.S. Targeted Value Portfolio		124,777
U.S. Small Cap Value Portfolio		143,035
U.S. Core Equity 1 Portfolio		228,672
U.S. Core Equity 2 Portfolio		493,460
U.S. Vector Equity Portfolio		83,265
U.S. Small Cap Portfolio		270,549
U.S. Micro Cap Portfolio		123,190
U.S. High Relative Profitability Portfolio		34,330
DFA Real Estate Securities Portfolio		100,836

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

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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, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Enhanced U.S. Large Company Portfolio Bonds	$	6,770		—		—		—	$	6,770
U.S. Large Cap Equity Portfolio Common Stocks		8,220		—		—		—		8,220
U.S. Targeted Value Portfolio Common Stocks, Preferred Stocks		700,628		—		—		—		700,628
U.S. Small Cap Value Portfolio Common Stocks, Preferred Stocks		969,028		—		—		—		969,028
U.S. Core Equity 1 Portfolio Common Stocks, Preferred Stocks		1,131,496		—		—		—		1,131,496
U.S. Core Equity 2 Portfolio Common Stocks, Preferred Stocks		1,108,626		—		—		—		1,108,626
U.S. Vector Equity Portfolio Common Stocks, Preferred Stocks		227,703		—		—		—		227,703
U.S. Small Cap Portfolio Common Stocks, Preferred Stocks, Rights/Warrants		1,677,242		—		—		—		1,677,242
U.S. Micro Cap Portfolio Common Stocks, Preferred Stocks, Rights/Warrants		534,124		—		—		—		534,124
U.S. High Relative Profitability Portfolio Common Stocks		2,860		—		—		—		2,860
DFA Real Estate Securities Portfolio Common Stocks		364,037		—		—		—		364,037

L. Shareholder Servicing Fees:

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

M. Indemnitees; Contractual Obligations:

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

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

98

N. In-Kind Redemptions:

During the year ended October 31, 2022, the Portfolio listed below realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):

U.S. Micro Cap Portfolio $ 37,518

O. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs 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, eliminates the asset segregation framework previously used by the Portfolios to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Portfolios began complying with the Valuation Rule on August 1, 2022.

P. Other:

As of October 31, 2022, 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
Enhanced U.S. Large Company Portfolio-Institutional Class		3		62	%
U.S. Large Cap Equity Portfolio-Institutional Class		4		83	%
U.S. Large Cap Value Portfolio-Institutional Class		3		66	%
U.S. Targeted Value Portfolio-Class R1		6		90	%
U.S. Targeted Value Portfolio-Class R2		6		53	%
U.S. Targeted Value Portfolio-Institutional Class		3		88	%
U.S. Small Cap Value Portfolio-Institutional Class		4		75	%
U.S. Core Equity 1 Portfolio-Institutional Class		4		73	%
U.S. Core Equity 2 Portfolio-Institutional Class		5		82	%
U.S. Vector Equity Portfolio-Institutional Class		4		80	%

99

	Number of Shareholders		Approximate Percentage of Outstanding Shares
U.S. Small Cap Portfolio-Institutional Class		3		56	%
U.S. Micro Cap Portfolio-Institutional Class		4		78	%
U.S. High Relative Profitability Portfolio-Institutional Class		3		84	%
DFA Real Estate Securities Portfolio-Institutional Class		3		64	%

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

Q. Subsequent Event Evaluations:

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.

100

Report of Independent Registered Public Accounting Firm

To the Board of Directors of DFA Investment Dimensions Group Inc. and Shareholders of Enhanced U.S. Large Company Portfolio, U.S. Large Cap Equity Portfolio, U.S. Large Cap Value Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, U.S. Small Cap Portfolio, U.S. Micro Cap Portfolio, U.S. High Relative Profitability Portfolio and DFA Real Estate Securities Portfolio

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the schedules of investments of Enhanced U.S. Large Company Portfolio and U.S. Large Cap Value Portfolio and summary schedules of portfolio holdings of U.S. Large Cap Equity Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, U.S. Small Cap Portfolio, U.S. Micro Cap Portfolio, U.S. High Relative Profitability Portfolio and DFA Real Estate Securities Portfolio (twelve of the portfolios constituting DFA Investment Dimensions Group Inc., hereafter collectively referred to as the “Portfolios”) as of October 31, 2022, the related statements of operations for the year ended October 31, 2022, the statements of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (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, 2022, 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, 2022, and each of the financial highlights for each of the five years in the period ended October 31, 2022 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, 2022 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.

/s/PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

101

December 22, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

102

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

DFA Commodity Strategy Portfolio vs.

Bloomberg Commodity Total Return Index

October 31, 2012-October 31, 2022

103

MANAGEMENT’S DISCUSSION AND ANALYSIS

Commodity Market Review 12 Months Ended October 31, 2022

For the 12 months ended October 31, 2022, the Bloomberg Commodity Index Total Return returned 11.15%. Energy, agriculture, and livestock returned 33.25%, 17.72%, and 9.21%, respectively. Precious metals and industrial metals were the only sectors with negative returns for the period, with a return of -11.46% and -13.39%, respectively.

DFA Commodity Strategy Portfolio

The DFA Commodity Strategy Portfolio seeks total return consisting of capital appreciation and current income. The Portfolio generally invests in commodity-linked derivative instruments and fixed income investments. The Portfolio, through its wholly owned subsidiary, Dimensional Cayman Commodity Fund I LTD, gains exposure to commodities markets by investing in derivative instruments such as commodity swap contracts, commodity futures, and other commodity-linked instruments. In pursuing the fixed income portion of the Portfolio’s investment strategy, Dimensional identifies a broadly diversified universe of eligible U.S. and foreign fixed income securities with defined maturity ranges and credit quality characteristics and then seeks to purchase a broad and diverse portfolio of securities meeting these aforementioned standards. The investment strategy uses a variable maturity approach and shifts maturities based on changes in the yield curve. The strategy uses current yields and identifies favorable maturity ranges of expected returns based on potential buy and sell strategies. The weighted average duration of the Portfolio’s fixed income securities was 1.43 years as of October 31, 2022, compared to 1.89 years as of October 31, 2021.

For the 12 months ended October 31, 2022, total returns were 6.38% for the Portfolio and 11.15% for the Bloomberg Commodity Index Total Return. The late rebalance, pre-roll, and varying the commodity weights relative to the benchmark contributed positively to relative performance. The collateral component and varying the expirations of the individual commodity contracts detracted from performance relative to the benchmark. The collateral component of the Portfolio had a longer duration than the three-month U.S. Treasury bill rate payable in the commodity swap contracts. As a result, the Portfolio’s longer duration detracted from performance relative to the benchmark as longer duration securities generally underperformed shorter duration securities during the period.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended October 31, 2022

EXPENSE TABLE

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA Commodity Strategy Portfolio
Actual Fund Return	$	1,000.00	$	864.40		0.30	%	$	1.41

105

CONSOLIDATED DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.69		0.30	%	$	1.53

(1) DFA Commodity Strategy Portfolio wholly owns Dimensional Cayman Commodity Fund I, LTD. The expenses shown reflect the consolidated expenses of Dimensional Cayman Commodity Fund I, LTD. and DFA Commodity Strategy Portfolio. Expenses are equal to the fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (184), then divided by the number of days in the year (365) to reflect the six-month period.

106

DFA INVESTMENT DIMENSIONS GROUP INC.

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-PORT with the SEC on September 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

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

DFA Commodity Strategy Portfolio
Basic Materials	0.9	%
Communications	1.7	%
Consumer, Cyclical	4.9	%
Consumer, Non-cyclical	7.5	%
Energy	4.4	%
Financial	31.4	%
Foreign Government	4.2	%
Industrial	2.7	%
Supranational	1.9	%
Technology	3.1	%
U.S. Government	33.9	%
Utilities	3.4	%
	100.0	%

107

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED SCHEDULE OF INVESTMENTS

October 31, 2022

		Face Amount^			Value†
		(000)
BONDS — (65.4%)
AUSTRALIA — (3.8%)
APA Infrastructure Ltd.
W	4.200%, 03/23/25			4,000	$	3,814,172
Australia Government Bond
	2.750%, 04/21/24		AUD	14,000		8,903,099
Bank of New Zealand
W	3.500%, 02/20/24			5,250		5,133,724
Glencore Funding LLC
W	4.125%, 03/12/24			2,225		2,179,816
W	4.625%, 04/29/24			7,350		7,224,691
Macquarie Bank Ltd.
#W	2.300%, 01/22/25			2,390		2,232,507
#W	3.231%, 03/21/25			15,225		14,516,601
New South Wales Treasury Corp.
	5.000%, 08/20/24		AUD	13,500		8,825,584
Queensland Treasury Corp.
	5.750%, 07/22/24		AUD	4,800		3,175,767
Westpac Banking Corp.
	3.250%, 11/16/23		AUD	10,000		6,324,494
TOTAL AUSTRALIA						62,330,455
AUSTRIA — (0.1%)
Oesterreichische Kontrollbank AG
	0.500%, 09/16/24			1,500		1,388,828
CANADA — (7.0%)
Bank of Montreal
#	2.500%, 06/28/24			3,000		2,864,598
	0.625%, 07/09/24			1,350		1,247,670
Bank of Montreal, Floating Rate Note, SOFR + 0.320%, FRN
#(r)	3.378%, 07/09/24			2,000		1,966,240
Bank of Nova Scotia
	0.700%, 04/15/24			11,620		10,845,685
	0.650%, 07/31/24			600		552,423
#	3.450%, 04/11/25			2,000		1,905,822
Bank of Nova Scotia, Floating Rate Note, SOFR + 0.380%, FRN
#(r)	3.442%, 07/31/24			1,000		987,029
Brookfield Asset Management, Inc.
#	4.000%, 01/15/25			6,200		6,010,729
Canadian Imperial Bank of Commerce
#	3.100%, 04/02/24			4,500		4,360,811
	1.000%, 10/18/24			5,000		4,589,130
#	2.250%, 01/28/25			5,000		4,657,101

		Face Amount^			Value†
		(000)
CANADA — (Continued)
Canadian Imperial Bank of Commerce, Floating Rate Note, SOFR + 0.400%, FRN
(r)	3.363%, 12/14/23			3,000	$	2,980,470
Canadian Natural Resources Ltd.
	2.950%, 01/15/23			750		747,046
	3.900%, 02/01/25			8,300		8,003,884
Enbridge, Inc.
#	4.000%, 10/01/23			7,000		6,903,834
	2.500%, 01/15/25			2,000		1,874,162
ITC Holdings Corp.
	3.650%, 06/15/24			9,000		8,729,516
National Bank of Canada
	2.100%, 02/01/23			2,500		2,481,943
#	0.750%, 08/06/24			9,350		8,590,172
Quebec, Province of Canada
	4.200%, 03/10/25		AUD	2,000		1,275,175
Royal Bank of Canada
	2.333%, 12/05/23		CAD	5,000		3,570,338
#	0.650%, 07/29/24			1,750		1,614,510
Royal Bank of Canada, Floating Rate Note, SOFR + 0.360%, FRN
#(r)	3.421%, 07/29/24			7,750		7,645,973
Thomson Reuters Corp.
	3.850%, 09/29/24			5,000		4,818,690
Toronto-Dominion Bank
	2.850%, 03/08/24		CAD	10,000		7,120,931
	0.700%, 09/10/24			4,500		4,128,476
Toronto-Dominion Bank, Floating Rate Note, SOFR + 0.240%, FRN
(r)	3.298%, 01/06/23			3,296		3,294,016
TOTAL CANADA						113,766,374
DENMARK — (0.4%)
Danske Bank AS
W	5.375%, 01/12/24			6,132		6,042,941
	5.375%, 01/12/24			1,000		985,476
TOTAL DENMARK						7,028,417
FRANCE — (3.6%)
Banque Federative du Credit Mutuel SA
W	2.375%, 11/21/24			5,000		4,678,542
BNP Paribas SA
W	3.375%, 01/09/25			7,000		6,617,275
BPCE SA
	4.000%, 04/15/24			500		486,542
W	2.375%, 01/14/25			7,985		7,325,634

108

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

		Face Amount^			Value†
		(000)
FRANCE — (Continued)
#	2.375%, 01/14/25			6,500	$	5,963,258
Credit Agricole SA
W	3.875%, 04/15/24			3,550		3,475,223
	3.250%, 10/04/24			5,000		4,749,239
Societe Generale SA
W	3.875%, 03/28/24			10,500		10,107,369
W	2.625%, 01/22/25			2,640		2,421,170
TotalEnergies Capital International SA
	3.750%, 04/10/24			13,004		12,813,750
TOTAL FRANCE						58,638,002
GERMANY — (3.6%)
Bayer U.S. Finance II LLC
W	3.875%, 12/15/23			3,500		3,432,078
Bayer U.S. Finance LLC
W	3.375%, 10/08/24			6,000		5,768,298
BMW U.S. Capital LLC
W	0.800%, 04/01/24			2,000		1,881,687
W	0.750%, 08/12/24			2,290		2,114,844
BMW U.S. Capital LLC, Floating Rate Note, SOFR + 0.530%, FRN
(r)W	3.584%, 04/01/24			8,000		7,964,396
Deutsche Bank AG
	3.950%, 02/27/23			1,695		1,683,263
EMD Finance LLC
	3.250%, 03/19/25			5,697		5,429,080
Kreditanstalt fuer Wiederaufbau
	5.000%, 03/19/24		AUD	2,000		1,297,050
	1.500%, 07/24/24		AUD	8,800		5,394,720
	4.000%, 02/27/25		AUD	5,000		3,199,079
Landwirtschaftliche Rentenbank
	4.750%, 04/08/24		AUD	15,000		9,696,653
Mercedes-Benz Finance North America LLC
#W	2.125%, 03/10/25			9,560		8,839,389
NRW Bank
	1.600%, 07/31/24		AUD	4,000		2,440,525
TOTAL GERMANY						59,141,062
IRELAND — (0.8%)
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
#	4.875%, 01/16/24			7,500		7,361,275
	2.875%, 08/14/24			2,450		2,295,646
#	3.500%, 01/15/25			3,000		2,815,001
TOTAL IRELAND						12,471,922

		Face Amount^			Value†
		(000)
ITALY — (0.6%)
Republic of Italy Government International Bond
	0.875%, 05/06/24			8,000	$	7,400,464
	2.375%, 10/17/24			2,000		1,864,004
TOTAL ITALY						9,264,468
JAPAN — (5.8%)
Aircastle Ltd.
#	4.125%, 05/01/24			8,900		8,481,751
American Honda Finance Corp.
	3.550%, 01/12/24			3,000		2,945,172
	0.550%, 07/12/24			10,000		9,270,372
Mitsubishi UFJ Financial Group, Inc.
	2.193%, 02/25/25			12,600		11,622,618
MUFG Bank Ltd.
#W	3.250%, 09/08/24			2,000		1,917,560
Nissan Motor Acceptance Co. LLC
W	1.125%, 09/16/24			10,750		9,598,266
Nomura Holdings, Inc.
	2.648%, 01/16/25			8,390		7,853,377
	5.099%, 07/03/25			3,000		2,936,835
ORIX Corp.
#	3.250%, 12/04/24			5,000		4,779,272
Sumitomo Mitsui Financial Group, Inc.
	2.696%, 07/16/24			9,500		9,047,416
	2.348%, 01/15/25			5,500		5,119,811
Sumitomo Mitsui Trust Bank Ltd.
#W	0.800%, 09/12/23			9,500		9,129,104
#W	0.850%, 03/25/24			750		702,040
W	0.800%, 09/16/24			643		588,918
Toyota Motor Credit Corp.
	2.500%, 03/22/24			10,000		9,663,297
#	0.625%, 09/13/24			2,000		1,849,275
TOTAL JAPAN						95,505,084
NETHERLANDS — (0.7%)
Cooperatieve Rabobank UA
W	2.625%, 07/22/24			6,940		6,610,171
ING Groep NV
	3.550%, 04/09/24			5,000		4,854,500
TOTAL NETHERLANDS						11,464,671
NEW ZEALAND — (1.6%)
New Zealand Government Bond
	0.500%, 05/15/24		NZD	45,900		25,186,496

109

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

		Face Amount^			Value†
		(000)
NEW ZEALAND — (Continued)
New Zealand Local Government Funding Agency Bond
	2.250%, 04/15/24		NZD	1,500	$	836,349
TOTAL NEW ZEALAND						26,022,845
SPAIN — (0.8%)
Banco Santander SA
	3.496%, 03/24/25			7,000		6,645,166
Santander Holdings USA, Inc.
	3.400%, 01/18/23			2,000		1,991,112
	3.500%, 06/07/24			5,000		4,794,751
TOTAL SPAIN						13,431,029
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.9%)
African Development Bank
	4.750%, 03/06/24		AUD	12,000		7,741,313
Asian Development Bank
	1.100%, 08/15/24		AUD	6,200		3,763,017
European Investment Bank
	4.750%, 08/07/24		AUD	1,000		647,342
Inter-American Development Bank
	4.750%, 08/27/24		AUD	1,000		646,356
International Finance Corp.
	1.450%, 07/22/24		AUD	4,000		2,449,988
Nordic Investment Bank
	4.750%, 02/28/24		AUD	13,500		8,713,285
	0.375%, 09/20/24			7,550		6,973,784
TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS						30,935,085
SWEDEN — (2.1%)
Skandinaviska Enskilda Banken AB
W	0.650%, 09/09/24			26,136		23,924,058
Svensk Exportkredit AB
	0.625%, 10/07/24			10,600		9,803,410
TOTAL SWEDEN						33,727,468
SWITZERLAND — (0.8%)
Credit Suisse AG
	3.625%, 09/09/24			6,560		6,096,513
	2.950%, 04/09/25			5,000		4,474,977
UBS AG
W	1.375%, 01/13/25			3,000		2,744,768
TOTAL SWITZERLAND						13,316,258
UNITED KINGDOM — (2.3%)
BAT Capital Corp.
	3.222%, 08/15/24			10,700		10,226,613

		Face Amount^			Value†
		(000)
UNITED KINGDOM — (Continued)
CNH Industrial Capital LLC
	1.950%, 07/02/23			4,000	$	3,906,081
HSBC Holdings PLC
	3.600%, 05/25/23			2,000		1,979,185
Lloyds Banking Group PLC
	4.450%, 05/08/25			7,000		6,709,166
NatWest Markets PLC
#W	2.375%, 05/21/23			2,900		2,837,233
W	0.800%, 08/12/24			12,000		10,962,090
Reckitt Benckiser Treasury Services PLC
#W	2.750%, 06/26/24			658		630,989
TOTAL UNITED KINGDOM						37,251,357
UNITED STATES — (29.5%)
AbbVie, Inc.
	2.900%, 11/06/22			6,500		6,497,660
Aetna, Inc.
	3.500%, 11/15/24			1,600		1,545,326
Air Lease Corp.
	2.250%, 01/15/23			2,414		2,397,524
Ally Financial, Inc.
	3.875%, 05/21/24			2,500		2,414,221
	5.125%, 09/30/24			7,000		6,896,053
Amcor Flexibles North America, Inc.
	4.000%, 05/17/25			3,200		3,077,682
American Express Co.
	2.250%, 03/04/25			10,000		9,285,010
American Tower Corp.
	3.375%, 05/15/24			1,900		1,841,158
	4.000%, 06/01/25			6,600		6,312,757
Ameriprise Financial, Inc.
	3.000%, 04/02/25			5,000		4,745,440
Apple, Inc.
	3.350%, 01/10/24		AUD	1,500		949,734
Ares Capital Corp.
#	4.200%, 06/10/24			9,320		8,966,117
Arizona Public Service Co.
	3.350%, 06/15/24			4,328		4,178,808
Arrow Electronics, Inc.
	3.250%, 09/08/24			1,500		1,431,182
Bank of America Corp.
	3.300%, 01/11/23			2,000		1,995,923
	4.125%, 01/22/24			5,000		4,940,721
Boeing Co.
	2.800%, 03/01/23			4,000		3,967,524
Booking Holdings, Inc.
	3.650%, 03/15/25			10,000		9,642,997
Boston Scientific Corp.
#	3.450%, 03/01/24			875		854,723
Broadcom Corp./Broadcom Cayman Finance Ltd.
	3.625%, 01/15/24			8,000		7,834,973

110

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Campbell Soup Co.
	3.300%, 03/19/25		10,000	$	9,510,773
Capital One Financial Corp.
	3.300%, 10/30/24		1,486		1,416,639
	3.200%, 02/05/25		6,400		6,050,479
Cardinal Health, Inc.
	3.079%, 06/15/24		9,750		9,396,860
Carrier Global Corp.
	2.242%, 02/15/25		1,244		1,157,683
Charles Schwab Corp., Floating Rate Note, SOFR + 0.500%, FRN
(r)	3.489%, 03/18/24		3,073		3,053,377
Cigna Corp.
	3.750%, 07/15/23		1,163		1,151,001
	3.500%, 06/15/24		3,723		3,625,582
Cintas Corp. No. 2
	3.450%, 05/01/25		2,200		2,121,372
CNA Financial Corp.
	3.950%, 05/15/24		2,000		1,952,121
Constellation Energy Generation LLC
	3.250%, 06/01/25		14,900		14,127,597
Devon Energy Corp.
	5.250%, 09/15/24		400		399,075
Discover Bank
	2.450%, 09/12/24		3,900		3,659,994
Discover Financial Services
	3.950%, 11/06/24		2,796		2,694,652
Discovery Communications LLC
#	3.800%, 03/13/24		8,000		7,771,235
Eastern Energy Gas Holdings LLC
	2.500%, 11/15/24		6,727		6,368,263
eBay, Inc.
	2.750%, 01/30/23		3,800		3,779,456
Edison International
	2.950%, 03/15/23		1,522		1,509,996
	3.550%, 11/15/24		3,000		2,876,462
	4.950%, 04/15/25		6,920		6,805,485
Elevance Health, Inc.
	3.500%, 08/15/24		3,000		2,911,172
#	2.375%, 01/15/25		15,000		14,095,879
Energy Transfer LP
	4.050%, 03/15/25		5,204		4,982,094
Energy Transfer LP/Regency Energy Finance Corp.
	4.500%, 11/01/23		9,000		8,890,696
Equifax, Inc.
	2.600%, 12/01/24		2,600		2,454,920
Fidelity & Guaranty Life Holdings, Inc.
W	5.500%, 05/01/25		2,000		1,955,022

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Fiserv, Inc.
	2.750%, 07/01/24		5,000	$	4,779,119
Flex Ltd.
	4.750%, 06/15/25		1,000		970,168
General Motors Financial Co., Inc.
	3.250%, 01/05/23		4,350		4,337,302
	5.100%, 01/17/24		2,000		1,982,241
	1.200%, 10/15/24		2,000		1,827,462
	3.800%, 04/07/25		3,500		3,307,980
Georgia-Pacific LLC
W	3.600%, 03/01/25		4,000		3,851,779
Gilead Sciences, Inc.
	3.500%, 02/01/25		10,842		10,465,538
GlaxoSmithKline Capital PLC
#	3.000%, 06/01/24		4,361		4,233,713
Global Payments, Inc.
	3.750%, 06/01/23		4,000		3,959,089
	2.650%, 02/15/25		3,000		2,783,582
Goldman Sachs Group, Inc.
#	3.625%, 01/22/23		1,198		1,195,268
	3.200%, 02/23/23		500		497,210
	3.500%, 01/23/25		5,000		4,777,091
	3.750%, 05/22/25		2,800		2,666,275
Harley-Davidson Financial Services, Inc.
W	3.350%, 02/15/23		1,200		1,192,849
Hewlett Packard Enterprise Co.
	1.450%, 04/01/24		10,750		10,172,080
International Business Machines Corp.
#	3.625%, 02/12/24		1,750		1,719,868
	3.000%, 05/15/24		11,000		10,673,733
John Deere Capital Corp.
#	2.050%, 01/09/25		7,000		6,591,142
JPMorgan Chase & Co.
	3.625%, 05/13/24		493		482,932
	3.125%, 01/23/25		8,500		8,137,073
Kemper Corp.
	4.350%, 02/15/25		7,500		7,254,928
Kinder Morgan, Inc.
W	5.625%, 11/15/23		4,336		4,327,496
L3Harris Technologies, Inc.
	3.832%, 04/27/25		3,000		2,881,501
Laboratory Corp. of America Holdings
	3.600%, 02/01/25		763		730,985
Lazard Group LLC
	3.750%, 02/13/25		3,085		2,967,327
Lennar Corp.
	4.500%, 04/30/24		5,000		4,909,039
LyondellBasell Industries NV
	5.750%, 04/15/24		570		571,562
Marathon Petroleum Corp.
	3.625%, 09/15/24		7,000		6,762,263

111

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Morgan Stanley
	3.125%, 01/23/23		2,233	$	2,225,413
	3.875%, 04/29/24		7,253		7,103,385
MPLX LP
	4.875%, 12/01/24		3,750		3,681,202
Mylan, Inc.
W	3.125%, 01/15/23		5,000		4,968,950
NextEra Energy Capital Holdings, Inc., Floating Rate Note, SOFR + 0.540%, FRN
(r)	3.393%, 03/01/23		7,000		6,990,673
Nuveen Finance LLC
W	4.125%, 11/01/24		11,250		10,895,541
Oracle Corp.
	2.950%, 11/15/24		10,000		9,547,230
#	2.500%, 04/01/25		4,000		3,737,213
	2.950%, 05/15/25		900		846,139
Penske Truck Leasing Co. LP/PTL Finance Corp.
W	4.250%, 01/17/23		4,000		3,992,644
W	4.125%, 08/01/23		2,022		1,995,779
Phillips 66
	3.850%, 04/09/25		2,000		1,935,227
Raytheon Technologies Corp.
#	3.200%, 03/15/24		4,040		3,932,764
Ryder System, Inc.
#	3.650%, 03/18/24		8,033		7,843,482
Schlumberger Holdings Corp.
W	3.750%, 05/01/24		7,600		7,433,391
Simon Property Group LP
	2.000%, 09/13/24		7,937		7,459,243
Stellantis NV
	5.250%, 04/15/23		7,040		7,013,741
Truist Financial Corp.
	2.500%, 08/01/24		280		266,812
UnitedHealth Group, Inc.
#	3.500%, 02/15/24		12,000		11,803,503
Ventas Realty LP
	2.650%, 01/15/25		1,000		934,633
	3.500%, 02/01/25		9,600		9,114,341
Verizon Communications, Inc., Floating Rate Note, SOFR + 0.500%, FRN
(r)	3.532%, 03/22/24		811		804,272

		Face Amount^			Value†
		(000)
UNITED STATES — (Continued)
Vornado Realty LP
	3.500%, 01/15/25			10,357	$	9,626,163
Waste Management, Inc.
#	2.400%, 05/15/23			2,207		2,180,169
Wells Fargo & Co.
#	3.300%, 09/09/24			10,000		9,659,906
	3.000%, 02/19/25			5,000		4,722,322
Williams Cos., Inc.
	3.900%, 01/15/25			2,843		2,743,569
Zimmer Biomet Holdings, Inc.
	3.550%, 04/01/25			3,000		2,869,860
TOTAL UNITED STATES						481,829,580
TOTAL BONDS						1,067,512,905
U.S. TREASURY OBLIGATIONS — (33.5%)
U.S. Treasury Notes
~	0.125%, 07/31/23			23,000		22,238,125
~	0.125%, 08/15/23			40,000		38,607,812
~	0.125%, 09/15/23			23,000		22,115,938
~	0.250%, 11/15/23			50,000		47,783,203
~	0.500%, 11/30/23			96,000		91,856,250
~	0.125%, 12/15/23			115,000		109,389,258
~	0.750%, 12/31/23			80,000		76,471,875
	0.125%, 01/15/24			62,000		58,718,359
~	0.375%, 04/15/24			21,000		19,742,461
«	0.250%, 05/15/24			24,000		22,445,625
~	0.250%, 06/15/24			8,000		7,457,188
~	0.375%, 08/15/24			33,000		30,624,258
TOTAL U.S. TREASURY OBLIGATIONS						547,450,352
TOTAL INVESTMENT SECURITIES (Cost $1,698,949,127)						1,614,963,257
			Shares
SECURITIES LENDING COLLATERAL — (1.1%)
@§	The DFA Short Term Investment Fund			1,542,835		17,836,713
TOTAL INVESTMENTS — (100.0%) (Cost $1,716,791,746)					$	1,632,799,970

112

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CONTINUED

As of October 31, 2022, DFA Commodity Strategy Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying consolidated financial statements:

Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	11,143,823		CAD	14,700,353	Citibank, N.A.		12/06/22	$	350,513
USD	77,136,428		AUD	118,873,092	State Street Bank and Trust		12/28/22		957,660
Total Appreciation								$	1,308,173
USD	25,210,145		NZD	44,895,279	Bank of America Corp.		01/06/23	$	(917,361	)
Total (Depreciation)								$	(917,361	)
Total Appreciation (Depreciation)								$	390,812

As of October 31, 2022, DFA Commodity Strategy Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts			Expiration Date		Notional Value			Market Value			Unrealized Appreciation (Depreciation)
Long Position Contracts:
CBOT Corn Futures		85			03/14/23	$	2,967,874		$	2,961,187		$	(6,687	)
CBOT Soybean Futures		38			01/13/23		2,618,791			2,697,050			78,259
CBOT Soybean Meal Futures		39			01/13/23		1,557,797			1,634,490			76,693
CBOT Soybean Oil Futures		41			01/13/23		1,535,247			1,737,006			201,759
CBOT Wheat Futures		35			03/14/23		1,571,136			1,573,688			2,552
CME Lean Hogs Futures		24			02/14/23		851,784			849,120			(2,664	)
CME Live Cattle Futures		30			02/28/23		1,866,445			1,869,900			3,455
COMEX Copper Futures		23			03/29/23		1,931,498			1,930,563			(935	)
COMEX Gold 100 Troy Oz. Futures		38			12/28/22		6,743,240			6,234,660			(508,580	)
COMEX Silver Futures		20			03/29/23		1,930,733			1,929,600			(1,133	)
ICE Brent Crude Oil Futures		39			01/31/23		3,490,664			3,489,330			(1,334	)
ICE Gasoil Futures		17			01/12/23		1,557,241			1,678,750			121,509
KCBT Hard Red Winter Wheat Futures		20			03/14/23		969,045			974,250			5,205
LME Nickel Futures		15			01/16/23		1,972,868			1,961,595			(11,273	)
LME Nickel Futures		29			11/14/22		3,903,827			3,778,758			(125,069	)
LME Primary Aluminum Futures		38			01/16/23		2,113,834			2,110,900			(2,934	)
LME Primary Aluminum Futures		77			11/14/22		4,593,460			4,273,500			(319,960	)
LME Zinc Futures		23			01/16/23		1,679,391			1,554,225			(125,166	)
LME Zinc Futures		46			11/14/22		3,932,507			3,134,325			(798,182	)
NYBOT CSC ’C’ Coffee Futures		14			03/21/23		908,302			913,763			5,461
NYBOT CSC No. 11 World Sugar Futures		63			02/28/23		1,254,970			1,267,963			12,993
NYBOT CTN No. 2 Cotton Futures		12			03/09/23		426,969			429,839			2,870
NYMEX Henry Hub Natural Gas Futures		99			12/28/22		6,882,408			6,540,930			(341,478	)
NYMEX Light Sweet Crude Oil Futures		47			12/20/22		3,840,046			4,013,800			173,754
NYMEX NY Harbor ULSD Futures		9			12/30/22		1,202,001			1,323,189			121,188
NYMEX Reformulated Gasoline Blend Futures		10			12/30/22		981,571			1,032,738			51,167
Total						$	63,283,649		$	61,895,119		$	(1,388,530	)
Short Position contracts:
LME Nickel Futures		(29	)		11/14/22		(3,837,517	)		(3,778,758	)		58,759
LME Nickel Futures		(5	)		01/16/23		(655,567	)		(653,865	)		1,702
LME Primary Aluminum Futures		(77	)		11/14/22		(4,292,878	)		(4,273,500	)		19,378
LME Primary Aluminum Futures		(11	)		01/16/23		(613,675	)		(611,050	)		2,625
LME Zinc Futures		(46	)		11/14/22		(3,496,630	)		(3,134,325	)		362,305

113

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CONTINUED

												Unrealized
	Number of			Expiration		Notional			Market			Appreciation
Description	Contracts			Date		Value			Value			(Depreciation)
LME Zinc Futures		(7	)		01/16/23	$	(510,868	)	$	(473,025	)	$	37,843
Total						$	(13,407,135	)	$	(12,924,523	)	$	482,612
Total Futures Contracts						$	49,876,514		$	48,970,596		$	(905,918	)

As of October 31, 2022, DFA Commodity Strategy Portfolio had entered into the following outstanding Total Return Swaps:

Reference Entity*	Counterparty**	Notional Amount			Payments received (paid) by the Fund***	Expiration Date		Upfront Premiums Paid		Upfront Premiums Received		Market Value			Unrealized Appreciation (Depreciation)
BofA Merrill Lynch Commodity MLBXPPDM Total Return Index (1)	Bank of America Corp.		USD	170,202,543	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		12/24/22		—		—	$	2,722,148		$	2,722,148
BofA Merrill Lynch Total Return Index (2)	Bank of America Corp.		USD	178,159,195	3 Month USD UST 13-Week Bill High Discount Rate plus 0.19%		12/24/22		—		—		2,900,476			2,900,476
Citi Commodities Pre-Roll RS Total Return Index (3)	Citibank, N.A.		USD	234,010,046	3 Month USD UST 13-Week Bill High Discount Rate plus 0.18%		12/30/22		—		—		917,472			917,472
Citi Custom CIVICS H Total Return Index (4)	Citibank, N.A.		USD	88,812,427	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		12/30/22		—		—		449,427			449,427
Credit Suisse Custom 141 Total Return Index (5)	Credit Suisse		USD	292,789,796	3 Month USD UST 13-Week Bill High Discount Rate plus 0.18%		11/30/22		—		—		(1,285,879	)		(1,285,879	)
Credit Suisse Custom 57 Total Return Index (6)	Credit Suisse		USD	174,882,012	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		11/30/22		—		—		(773,335	)		(773,335	)
UBS UBSIB190 Custom Strategy (7)	UBS AG		USD	489,306,483	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		01/29/23		—		—		529,671			529,671
Total									—		—	$	5,459,980		$	5,459,980

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

** As of October 31, 2022, the counterparties had deposited in segregated accounts securities with a value of $3,017,311 in connection with open total return swap contracts.

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

114

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CONTINUED

(1) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.54	%	$	6,034,853
CBOT Corn Futures		6.02	%		10,239,058
NYMEX Light Sweet Crude Oil Futures		8.11	%		13,810,660
ICE Brent Crude Oil Futures		7.09	%		12,060,246
NYBOT CTN No. 2 Cotton Futures		0.88	%		1,490,027
COMEX Gold 100 Troy Oz. Futures		12.94	%		22,021,151
COMEX Copper Futures		3.88	%		6,606,478
NYMEX NY Harbor ULSD Futures		2.74	%		4,656,239
NYBOT CSC ’C’ Coffee Futures		1.91	%		3,258,967
KCBT Hard Red Winter Wheat Futures		1.97	%		3,347,535
LME Primary Aluminum Futures		3.01	%		5,125,412
CME Live Cattle Futures		3.79	%		6,447,904
CME Lean Hogs Futures		1.74	%		2,969,667
LME Nickel Futures		2.70	%		4,597,353
LME Zinc Futures		2.21	%		3,756,849
NYMEX Henry Hub Natural Gas Futures		13.35	%		22,730,398
ICE Gasoil Futures		3.47	%		5,901,179
CBOT Soybean Futures		5.52	%		9,401,743
NYBOT CSC No. 11 World Sugar Futures		2.57	%		4,381,556
COMEX Silver Futures		3.85	%		6,551,720
CBOT Soybean Meal Futures		3.35	%		5,697,149
CBOT Wheat Futures		3.20	%		5,445,873
NYMEX Reformulated Gasoline Blend Futures		2.16	%		3,670,526
Total Notional Amount				$	170,202,543

(2) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		4.26	%	$	7,580,752
CBOT Corn Futures		5.95	%		10,602,887
NYMEX Light Sweet Crude Oil Futures		8.10	%		14,434,496
ICE Brent Crude Oil Futures		7.35	%		13,095,616
NYBOT CTN No. 2 Cotton Futures		0.90	%		1,598,236
COMEX Gold 100 Troy Oz. Futures		10.27	%		18,292,388
COMEX Copper Futures		3.90	%		6,940,651
NYMEX NY Harbor ULSD Futures		3.28	%		5,848,991
NYBOT CSC ’C’ Coffee Futures		1.97	%		3,512,019
KCBT Hard Red Winter Wheat Futures		1.96	%		3,486,161
LME Primary Aluminum Futures		2.41	%		4,292,232
CME Live Cattle Futures		3.72	%		6,636,275
CME Lean Hogs Futures		1.41	%		2,508,359
LME Nickel Futures		2.16	%		3,850,013
LME Zinc Futures		2.22	%		3,962,580
NYMEX Henry Hub Natural Gas Futures		15.75	%		28,064,917
ICE Gasoil Futures		4.14	%		7,383,026
CBOT Soybean Futures		4.42	%		7,869,161
NYBOT CSC No. 11 World Sugar Futures		3.06	%		5,452,866
COMEX Silver Futures		3.05	%		5,437,657
CBOT Soybean Meal Futures		4.02	%		7,156,542

115

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

Futures Contract	% of Index			Notional Amount
CBOT Wheat Futures		3.11	%		5,542,595
NYMEX Reformulated Gasoline Blend Futures		2.59	%		4,610,775
Total Notional Amount				$	178,159,195

(3) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		4.26	%	$	9,957,230
CBOT Corn Futures		5.95	%		13,926,769
NYMEX Light Sweet Crude Oil Futures		8.10	%		18,959,545
ICE Brent Crude Oil Futures		7.35	%		17,200,940
NYBOT CTN No. 2 Cotton Futures		0.90	%		2,099,265
COMEX Gold 100 Troy Oz. Futures		10.27	%		24,026,840
COMEX Copper Futures		3.90	%		9,116,465
NYMEX NY Harbor ULSD Futures		3.28	%		7,682,582
NYBOT CSC ’C’ Coffee Futures		1.97	%		4,612,997
KCBT Hard Red Winter Wheat Futures		1.96	%		4,579,032
LME Primary Aluminum Futures		2.41	%		5,637,797
CME Live Cattle Futures		3.72	%		8,716,671
CME Lean Hogs Futures		1.41	%		3,294,700
LME Nickel Futures		2.16	%		5,056,948
LME Zinc Futures		2.22	%		5,204,803
NYMEX Henry Hub Natural Gas Futures		15.75	%		36,862,945
ICE Gasoil Futures		4.14	%		9,697,519
CBOT Soybean Futures		4.42	%		10,336,052
NYBOT CSC No. 11 World Sugar Futures		3.06	%		7,162,277
COMEX Silver Futures		3.05	%		7,142,299
CBOT Soybean Meal Futures		4.02	%		9,400,035
CBOT Wheat Futures		3.11	%		7,280,135
NYMEX Reformulated Gasoline Blend Futures		2.59	%		6,056,200
Total Notional Amount				$	234,010,046

(4) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.54	%	$	3,149,013
CBOT Corn Futures		6.02	%		5,342,785
NYMEX Light Sweet Crude Oil Futures		8.11	%		7,206,462
ICE Brent Crude Oil Futures		7.09	%		6,293,089
NYBOT CTN No. 2 Cotton Futures		0.88	%		777,503
COMEX Gold 100 Troy Oz. Futures		12.94	%		11,490,732
COMEX Copper Futures		3.88	%		3,447,289
NYMEX NY Harbor ULSD Futures		2.74	%		2,429,646
NYBOT CSC ’C’ Coffee Futures		1.91	%		1,700,543
KCBT Hard Red Winter Wheat Futures		1.97	%		1,746,758
LME Primary Aluminum Futures		3.01	%		2,674,462
CME Live Cattle Futures		3.79	%		3,364,545
CME Lean Hogs Futures		1.74	%		1,549,585
LME Nickel Futures		2.70	%		2,398,919

116

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

Futures Contract	% of Index			Notional Amount
LME Zinc Futures		2.21	%		1,960,340
NYMEX Henry Hub Natural Gas Futures		13.35	%		11,860,821
ICE Gasoil Futures		3.47	%		3,079,261
CBOT Soybean Futures		5.52	%		4,905,870
NYBOT CSC No. 11 World Sugar Futures		2.57	%		2,286,315
COMEX Silver Futures		3.85	%		3,418,716
CBOT Soybean Meal Futures		3.35	%		2,972,797
CBOT Wheat Futures		3.20	%		2,841,680
NYMEX Reformulated Gasoline Blend Futures		2.16	%		1,915,296
Total Notional Amount				$	88,812,427

(5) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		4.26	%	$	12,458,334
CBOT Corn Futures		5.95	%		17,424,961
NYMEX Light Sweet Crude Oil Futures		8.10	%		23,721,893
ICE Brent Crude Oil Futures		7.35	%		21,521,554
NYBOT CTN No. 2 Cotton Futures		0.90	%		2,626,568
COMEX Gold 100 Troy Oz. Futures		10.27	%		30,062,016
COMEX Copper Futures		3.90	%		11,406,382
NYMEX NY Harbor ULSD Futures		3.28	%		9,612,329
NYBOT CSC ’C’ Coffee Futures		1.97	%		5,771,711
KCBT Hard Red Winter Wheat Futures		1.96	%		5,729,215
LME Primary Aluminum Futures		2.41	%		7,053,925
CME Live Cattle Futures		3.72	%		10,906,165
CME Lean Hogs Futures		1.41	%		4,122,278
LME Nickel Futures		2.16	%		6,327,177
LME Zinc Futures		2.22	%		6,512,170
NYMEX Henry Hub Natural Gas Futures		15.75	%		46,122,354
ICE Gasoil Futures		4.14	%		12,133,388
CBOT Soybean Futures		4.42	%		12,932,311
NYBOT CSC No. 11 World Sugar Futures		3.06	%		8,961,331
COMEX Silver Futures		3.05	%		8,936,336
CBOT Soybean Meal Futures		4.02	%		11,761,180
CBOT Wheat Futures		3.11	%		9,108,793
NYMEX Reformulated Gasoline Blend Futures		2.59	%		7,577,425
Total Notional Amount				$	292,789,796

(6) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.54	%	$	6,200,773
CBOT Corn Futures		6.02	%		10,520,565
NYMEX Light Sweet Crude Oil Futures		8.11	%		14,190,364
ICE Brent Crude Oil Futures		7.09	%		12,391,825
NYBOT CTN No. 2 Cotton Futures		0.88	%		1,530,993
COMEX Gold 100 Troy Oz. Futures		12.94	%		22,626,590
COMEX Copper Futures		3.88	%		6,788,113

117

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

Futures Contract	% of Index			Notional Amount
NYMEX NY Harbor ULSD Futures		2.74	%		4,784,256
NYBOT CSC ’C’ Coffee Futures		1.91	%		3,348,567
KCBT Hard Red Winter Wheat Futures		1.97	%		3,439,571
LME Primary Aluminum Futures		3.01	%		5,266,328
CME Live Cattle Futures		3.79	%		6,625,180
CME Lean Hogs Futures		1.74	%		3,051,314
LME Nickel Futures		2.70	%		4,723,750
LME Zinc Futures		2.21	%		3,860,138
NYMEX Henry Hub Natural Gas Futures		13.35	%		23,355,337
ICE Gasoil Futures		3.47	%		6,063,424
CBOT Soybean Futures		5.52	%		9,660,230
NYBOT CSC No. 11 World Sugar Futures		2.57	%		4,502,020
COMEX Silver Futures		3.85	%		6,731,849
CBOT Soybean Meal Futures		3.35	%		5,853,784
CBOT Wheat Futures		3.20	%		5,595,599
NYMEX Reformulated Gasoline Blend Futures		2.16	%		3,771,442
Total Notional Amount				$	174,882,012

(7) The following table represents the individual positions within the Total Return Swap as of October 31, 2022:

Referenced Commodity — Long Position

Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.54	%	$	17,349,287
CBOT Corn Futures		6.02	%		29,435,737
NYMEX Light Sweet Crude Oil Futures		8.11	%		39,703,552
ICE Brent Crude Oil Futures		7.09	%		34,671,379
NYBOT CTN No. 2 Cotton Futures		0.88	%		4,283,602
COMEX Gold 100 Troy Oz. Futures		12.94	%		63,307,466
COMEX Copper Futures		3.88	%		18,992,621
NYMEX NY Harbor ULSD Futures		2.74	%		13,385,981
NYBOT CSC ’C’ Coffee Futures		1.91	%		9,369,035
KCBT Hard Red Winter Wheat Futures		1.97	%		9,623,656
LME Primary Aluminum Futures		3.01	%		14,734,782
CME Live Cattle Futures		3.79	%		18,536,747
CME Lean Hogs Futures		1.74	%		8,537,343
LME Nickel Futures		2.70	%		13,216,691
LME Zinc Futures		2.21	%		10,800,370
NYMEX Henry Hub Natural Gas Futures		13.35	%		65,346,445
ICE Gasoil Futures		3.47	%		16,964,995
CBOT Soybean Futures		5.52	%		27,028,585
NYBOT CSC No. 11 World Sugar Futures		2.57	%		12,596,307
COMEX Silver Futures		3.85	%		18,835,200
CBOT Soybean Meal Futures		3.35	%		16,378,439
CBOT Wheat Futures		3.20	%		15,656,057
NYMEX Reformulated Gasoline Blend Futures		2.16	%		10,552,206
Total Notional Amount				$	489,306,483

118

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Bonds
Australia		—		$	62,330,455		—	$	62,330,455
Austria		—			1,388,828		—		1,388,828
Canada		—			113,766,374		—		113,766,374
Denmark		—			7,028,417		—		7,028,417
France		—			58,638,002		—		58,638,002
Germany		—			59,141,062		—		59,141,062
Ireland		—			12,471,922		—		12,471,922
Italy		—			9,264,468		—		9,264,468
Japan		—			95,505,084		—		95,505,084
Netherlands		—			11,464,671		—		11,464,671
New Zealand		—			26,022,845		—		26,022,845
Spain		—			13,431,029		—		13,431,029
Supranational Organization Obligations		—			30,935,085		—		30,935,085
Sweden		—			33,727,468		—		33,727,468
Switzerland		—			13,316,258		—		13,316,258
United Kingdom		—			37,251,357		—		37,251,357
United States		—			481,829,580		—		481,829,580
U.S. Treasury Obligations		—			547,450,352		—		547,450,352
Securities Lending Collateral		—			17,836,713		—		17,836,713
Forward Currency Contracts**		—			390,812		—		390,812
Futures Contracts**	$	(905,918	)		—		—		(905,918	)
Swap Agreements**		—			5,459,980		—		5,459,980
TOTAL	$	(905,918	)	$	1,638,650,762		—	$	1,637,744,844

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

See accompanying Notes to Financial Statements.

119

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	DFA Commodity Strategy
	Portfolio*
ASSETS:
Investment Securities at Value (including $17,455 of securities on loan)	$	1,614,963
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $17,843)		17,837
Foreign Currencies at Value		125
Segregated Cash for Swaps Contracts		11,148
Cash		54,163
Receivables:
Dividends and Interest		8,572
Securities Lending Income		8
Fund Shares Sold		854
Unrealized Gain on Swap Contracts		7,519
Unrealized Gain on Forward Currency Contracts		1,308
Prepaid Expenses and Other Assets		33
Total Assets		1,716,530
LIABILITIES:
Payables:
Upon Return of Securities Loaned		15,022
Investment Securities Purchased		2,845
Fund Shares Redeemed		2,254
Due to Advisor		405
Due to Broker		1,910
Futures Margin Variation		140
Unrealized Loss on Swap Contracts		2,059
Unrealized Loss on Forward Currency Contracts		917
Payable for Swap Contracts Payments		766
Accrued Expenses and Other Liabilities		123
Total Liabilities		26,441
NET ASSETS	$	1,690,089
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		322,994,800
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	5.23
Investment Securities at Cost	$	1,698,949
Foreign Currencies at Cost	$	125
NET ASSETS CONSIST OF:
Paid-In Capital	$	2,334,237
Total Distributable Earnings (Loss)		(644,148	)
NET ASSETS	$	1,690,089
(1) NUMBER OF SHARES AUTHORIZED		1,800,000,000

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

See accompanying Notes to Financial Statements.

120

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	DFA
	Commodity Strategy
	Portfolio#
Investment Income
Interest	$	27,489
Income from Securities Lending		43
Total Investment Income		27,532
Expenses
Investment Management Fees		6,263
Accounting & Transfer Agent Fees		142
Custodian Fees		89
Filing Fees		79
Shareholders’ Reports		22
Directors’/Trustees’ Fees & Expenses		11
Professional Fees		30
Other		77
Total Expenses		6,713
Fees Waived, Expenses Reimbursed by Advisor (Note D)		1,298
Fees Paid Indirectly (Note D)		19
Net Expenses		5,396
Net Investment Income (Loss)		22,136
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(44,736	)
Affiliated Investment Companies Shares Sold		(5	)
Futures		953
Swap Contracts		110,350
Foreign Currency Transactions		(22	)
Forward Currency Contracts		21,616
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(75,310	)
Affiliated Investment Companies Shares		(6	)
Futures		(1,625	)
Swap Contracts		35,073
Translation of Foreign Currency-Denominated Amounts		(51	)
Forward Currency Contracts		1,633
Net Realized and Unrealized Gain (Loss)		47,870
Net Increase (Decrease) in Net Assets Resulting from Operations	$	70,006

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

121

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Commodity Strategy
	Portfolio
	Year			Year
	Ended			Ended
	Oct 31,			Oct 31,
	2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	22,136		$	3,378
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(44,736	)		4,785
Affiliated Investment Companies Shares Sold		(5	)		—
Futures		953			40,432
Swap Contracts		110,350			505,196
Foreign Currency Transactions		(22	)		34
Forward Currency Contracts		21,616			(571	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(75,310	)		(14,473	)
Affiliated Investment Companies Shares		(6	)		—
Futures		(1,625	)		599
Swap Contracts		35,073			(13,549	)
Translation of Foreign Currency-Denominated Amounts		(51	)		26
Forward Currency Contracts		1,633			(1,611	)
Net Increase (Decrease) in Net Assets Resulting from Operations		70,006			524,246
Distributions:
Institutional Class Shares		(500,400	)		(3,525	)
Capital Share Transactions (1):
Shares Issued		967,055			597,773
Shares Issued in Lieu of Cash Distributions		476,866			3,293
Shares Redeemed		(1,089,224	)		(452,428	)
Net Increase (Decrease) from Capital Share Transactions		354,697			148,638
Total Increase (Decrease) in Net Assets		(75,697	)		669,359
Net Assets
Beginning of Year		1,765,786			1,096,427
End of Year	$	1,690,089		$	1,765,786
(1) Shares Issued and Redeemed:
Shares Issued		173,638			96,905
Shares Issued in Lieu of Cash Distributions		104,431			622
Shares Redeemed		(198,205	)		(73,709	)
Net Increase (Decrease) from Shares Issued and Redeemed		79,864			23,818

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

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

See accompanying Notes to Financial Statements.

122

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

123

DFA INVESTMENT DIMENSIONS GROUP INC.

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

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

B. Significant Accounting Policies:

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

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

Debt securities held by the Portfolio are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. These securities are generally categorized as Level 2 in the hierarchy. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

124

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

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

2. Foreign Currency Translation: Securities and other assets and liabilities of the Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate this translation, the Portfolio enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

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

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

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

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C. Basis for Consolidation:

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

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

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

As of October 31, 2022, the Portfolio held a $392,270,247 investment in the Subsidiary, representing 23.21% of the Portfolio’s total net assets. The accompanying consolidated financial statements include all assets, liabilities, revenues and expenses of the Portfolio and its wholly-owned Subsidiary. Intercompany balances and transactions have been eliminated in consolidation.

D. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolio. For the year ended October 31, 2022, the investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

DFA Commodity Strategy Portfolio 0.28 % 

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive all or a portion of the management fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in The DFA Short Term Investment Fund and its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses to no more than 0.55% of the Portfolio’s average net assets on an annualized basis (the “Expense Limitation Amount”). At any time that the Portfolio Expenses of the Portfolio are less than the Expense Limitation Amount, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery. The Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2023, and may only be terminated by the Fund’s Board of Directors prior to that date. The Fee Waiver Agreement will continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. As of October 31, 2022, there were no previously waived fees/expenses assumed subject to future recovery by the Advisor.

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

For the year ended October 31, 2022, approximately $1,298 (in thousands) of the Subsidiary’s management fees were waived pursuant to the Subsidiary fee waiver agreement.

Earned Income Credit:

Additionally, the Portfolio has entered into an arrangement with its custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolio’s custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of the Portfolio’s net assets. During the year ended October 31, 2022, expenses reduced were as follows (amount in thousands):

	Fees Paid Indirectly
DFA Commodity Strategy Portfolio	$	19

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, 2022, the total related amount paid by the Fund to the CCO was $166 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Consolidated Statement of Operations.

E. Deferred Compensation:

As of October 31, 2022, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Consolidated Statement of Assets and Liabilities as follows (amount in thousands):

DFA Commodity Strategy Portfolio $ 6

F. Purchases and Sales of Securities:

For the year ended October 31, 2022, the Portfolio’s transactions related to investment securities, other than short-term securities and in-kind redemptions (amounts in thousands), were as follows:

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
DFA Commodity Strategy Portfolio	$	1,537,538	$	1,759,700	$	721,830	$	441,941

For the year ended October 31, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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

	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
DFA Commodity Strategy Portfolio
The DFA Short Term Investment Fund	$	4,237	$	218,493	$	204,882	$	(5	)	$	(6	)	$	17,837		1,543	$	275		—
Total	$	4,237	$	218,493	$	204,882	$	(5	)	$	(6	)	$	17,837		1,543	$	275		—

G. Federal Income Taxes:

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

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

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

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

As of October 31, 2022, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains		Total
DFA Commodity Strategy Portfolio	$	(12,205	)		—	$	(12,205	)

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As of October 31, 2022, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
DFA Commodity Strategy Portfolio	$	103,837		—	$	(33,679	)	$	(714,299	)	$	(644,141	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2022, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

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

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

As of October 31, 2022, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
DFA Commodity Strategy Portfolio	$	2,353,399	$	16,884	$	(733,914	)	$	(717,030	)

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolio’s tax positions and has concluded that no additional provision for income tax is required in the Portfolio’s financial statements. The Portfolio is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio’s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

H. Financial Instruments:

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

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

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Derivative Financial Instruments:

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

2. Forward Currency Contracts: The Portfolio may acquire and sell forward currency contracts to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk). The decision to hedge the Portfolio’s currency exposure with respect to a foreign market will be based primarily on the Portfolio’s existing exposure to a given foreign currency. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Consolidated Statement of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Consolidated Statement of Operations as a net realized gain or loss on forward currency contracts.

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

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

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

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

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

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

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

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

Futures Activities:

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

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

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

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At any time prior to the expiration of a futures contract, the Portfolio may elect to close the position by taking an opposite position, which will operate to terminate the Portfolio’s existing position in the contract. Positions in futures contracts and options on futures contracts (described below) may be closed out only on the exchange on which they were entered into (or through a linked exchange). However, there is no assurance that an active market will exist at any particular time. Once the daily fluctuation limit has been reached in a particular contract, most futures exchanges restrict trades at a price beyond that limit or trading may be suspended for specified periods during the day. Such restrictions prevent prompt liquidation of futures positions at an advantageous price, potentially subjecting the Portfolio to substantial losses. In such event, and in the event of adverse price movements, the Portfolio would be required to make daily cash payments of variation margin. Losses incurred in futures transactions and the costs of these transactions will affect the Portfolio’s performance.

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

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

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

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

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

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2022 was as follows (amounts in thousands):

	Forward Currency Contracts*		Futures**		Swap Contracts***
DFA Commodity Strategy Portfolio	$	255,197	$	108,670	$	1,668,342

* Average amount of Currency Purchased/Sold in USD.

** Average Notional Value of futures contracts.

*** Average Notional Value of agreements.

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The following is a summary of the Portfolio’s derivative instrument holdings categorized by primary risk exposure as of October 31, 2022 (amounts in thousands):

	Asset Derivatives Value
	Total Value at October 31, 2022			Forward Currency Contracts (1)			Commodity Futures Contracts *,(2)			Swap Contracts (3)
DFA Commodity Strategy Portfolio	$	10,166		$	1,308		$	1,339		$	7,519
	Liability Derivatives Value
	Total Value at October 31, 2022			Forward Currency Contracts (4)			Commodity Futures Contracts *,(5)			Swap Contracts (6)
DFA Commodity Strategy Portfolio	$	(5,221	)	$	(917	)	$	(2,245	)	$	(2,059	)

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

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

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

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

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

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Portfolio’s derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2022 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total		Forward Currency Contracts (1)		Commodity Futures Contracts (2)			Swap Contracts (3)
DFA Commodity Strategy Portfolio	$	132,919	$	21,616	$	953		$	110,350
	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total		Forward Currency Contracts (4)		Commodity Futures Contracts (5)			Swap Contracts (6)
DFA Commodity Strategy Portfolio	$	35,081	$	1,633	$	(1,625	)	$	35,073

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

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

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

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

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

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

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Offsetting of Derivative Assets and Derivative Liabilities:

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

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

The following table presents the Portfolio’s gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolio as of October 31, 2022 (amounts in thousands):

			Net Amounts of Assets Presented in the Consolidated Statement of Assets and Liabilities		Gross Amounts Not Offset in the Consolidated Statement of Assets and Liabilities													Net Amounts of Liabilities Presented in  the Consolidated Statement of Assets and Liabilities		Gross Amounts Not Offset in the Consolidated Statement of Assets and Liabilities
Description	Gross Amounts of Recognized Assets (a)				Financial Instruments (b)			Non-Cash Collateral Received			Cash Collateral Received			Net Amount (c)		Gross Amounts of Recognized Liabilities (a)				Financial Instruments (d)			Non-Cash Collateral Pledged		Cash Collateral Pledged			Net Amount (e)
	Assets															Liabilities
DFA Commodity Strategy Portfolio
Credit Suisse		—		—		—			—			—			—	$	2,059	$	2,059		—			—	$	(2,059	)		—
Citibank, N.A	$	1,717	$	1,717		—			—		$	(1,170	)	$	547		—		—		—			—		—			—
State Street Bank and Trust		958		958		—			—			—			958		—		—		—			—		—			—
Bank of America Corp		5,622		5,622	$	(917	)		—			(740	)		3,965		917		917	$	(917	)		—		—			—
UBS AG		530		530		—		$	(530	)		—			—		—		—		—			—		—			—
Total	$	8,827	$	8,827	$	(917	)	$	(530	)	$	(1,910	)	$	5,470	$	2,976	$	2,976	$	(917	)		—	$	(2,059	)		—

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

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

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

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

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

I. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

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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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

There were no borrowings by the Portfolio under the lines of credit during the year ended October 31, 2022.

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

The Portfolio did not use the interfund lending program during the year ended October 31, 2022.

J. Securities Lending:

As of October 31, 2022, the Portfolio had securities on loan to brokers/dealers, for which the Portfolio received cash collateral. The Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio’s collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

135

Subject to its stated investment policies, the Portfolio will generally invest the cash collateral received for the loaned securities in the Money Market Series, an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of October 31, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
DFA Commodity Strategy Portfolio Bonds	$	15,022		—		—		—	$	15,022

K. Indemnitees; Contractual Obligations:

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

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

L. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs 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 Portfolio’s 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 Portfolio could enter, eliminates the asset segregation framework previously used by the Portfolio to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

136

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Portfolio began complying with the Valuation Rule on August 1, 2022.

M. Other:

As of October 31, 2022, the following number of shareholders held the following approximate percentages of the outstanding shares of the Portfolio. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding Shares
DFA Commodity Strategy Portfolio-Institutional Class		4		61	%

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

N. Subsequent Event Evaluations:

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

137

Report of Independent Registered Public Accounting Firm

To the Board of Directors of DFA Investment Dimensions Group Inc. and Shareholders of DFA Commodity Strategy Portfolio

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated statement of assets and liabilities, including the consolidated schedule of investments, of DFA Commodity Strategy Portfolio and its subsidiary (one of the portfolios constituting DFA Investment Dimensions Group Inc., referred to hereafter as the “Portfolio”) as of October 31, 2022, the related consolidated statement of operations for the year ended October 31, 2022, the consolidated statement of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the consolidated financial highlights for each of the five years in the period ended October 31, 2022 (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Portfolio as of October 31, 2022, 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, 2022 and the financial highlights for each of the five years in the period ended October 31, 2022 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These consolidated financial statements are the responsibility of the Portfolio’s management. Our responsibility is to express an opinion on the Portfolio’s consolidated 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.

We conducted our audits of these consolidated 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 consolidated 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 consolidated 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 consolidated 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 consolidated financial statements. Our procedures included confirmation of securities owned as of October 31, 2022 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

138

DIMENSIONAL INVESTMENT GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

U.S. Large Company Portfolio vs.

S&P 500™ Index

October 31, 2012-October 31, 2022

139

MANAGEMENT’S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 12 Months Ended October 31, 2022

U.S. equities had negative returns for the period. The broad U.S. equity market, as measured by the Russell 3000^® Index, lost approximately -16.52%. As measured by Russell indices, small-cap stocks underperformed large-cap stocks, and mid-cap stocks, a subset of the large-cap universe, underperformed large-cap stocks but outperformed small-cap stocks. Value stocks outperformed growth stocks as measured by the Russell indices.

Total Return for 12 Months Ended October 31, 2022
Russell 3000® Index	-16.52	%
Russell 1000® Index (large-cap stocks)	-16.38	%
Russell Midcap® Index (mid-cap stocks)	-17.17	%
Russell 2000® Index (small-cap stocks)	-18.54	%
Russell Microcap® Index (micro-cap stocks)	-22.29	%
Dow Jones U.S. Select REIT Index SM	-19.97	%

Total Return for 12 Months Ended October 31, 2022
Russell 1000® Value Index (large-cap value stocks)	-7.00	%
Russell 1000® Growth Index (large-cap growth stocks)	-24.60	%
Russell 2000® Value Index (small-cap value stocks)	-10.73	%
Russell 2000® Growth Index (small-cap growth stocks)	-26.02	%

Source: Frank Russell Company is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes.

U.S. Large Company Portfolio

The U.S. Large Company Portfolio seeks to approximate the returns of the S&P 500^® Index by investing in S&P 500^® Index securities in approximately the same proportions as they are represented in the S&P 500^® Index. As of October 31, 2022, the Portfolio held approximately 500 securities. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

For the 12 months ended October 31, 2022, the total return was -14.71% for the Portfolio and -14.61% for the S&P 500^® Index, the Portfolio’s benchmark. The Portfolio performed in line with the benchmark before fees and expenses.

140

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended October 31, 2022

EXPENSE TABLE

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
U.S. Large Company Portfolio
Actual Fund Return	$	1,000.00	$	944.20		0.08	%	$	0.39
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.80		0.08	%	$	0.41

(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.

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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 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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

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

PORTFOLIO HOLDINGS

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

DOMESTIC EQUITY PORTFOLIO

U.S. Large Company Portfolio
Communication Services	7.4	%
Consumer Discretionary	10.9	%
Consumer Staples	6.9	%
Energy	5.4	%
Financials	11.4	%
Health Care	15.3	%
Industrials	8.3	%
Information Technology	26.3	%
Materials	2.5	%
Real Estate	2.6	%
Utilities	3.0	%
	100.0	%

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U.S. LARGE COMPANY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (98.6%)
COMMUNICATION SERVICES — (7.3%)
*	Alphabet, Inc., Class A		1,794,896	$	169,635,621		1.7	%
*	Alphabet, Inc., Class C		1,605,138		151,942,363		1.6	%
	Comcast Corp., Class A		1,320,182		41,902,577		0.4	%
*	Meta Platforms, Inc., Class A		683,211		63,647,937		0.7	%
	Verizon Communications, Inc.		1,258,736		47,038,964		0.5	%
*	Walt Disney Co.		546,237		58,196,090		0.6	%
	Other Securities				184,065,897		1.8	%
TOTAL COMMUNICATION SERVICES					716,429,449		7.3	%
CONSUMER DISCRETIONARY — (10.7%)
*	Amazon.com, Inc.		2,652,722		271,744,842		2.8	%
	Home Depot, Inc.		307,783		91,143,780		0.9	%
	McDonald’s Corp.		220,427		60,101,626		0.6	%
*	Tesla, Inc.		797,281		181,413,319		1.9	%
	Other Securities				455,725,969		4.6	%
TOTAL CONSUMER DISCRETIONARY					1,060,129,536		10.8	%
CONSUMER STAPLES — (6.8%)
	Coca-Cola Co.		1,165,900		69,779,115		0.7	%
	Costco Wholesale Corp.		132,696		66,547,044		0.7	%
	PepsiCo, Inc.		413,377		75,060,996		0.8	%
	Philip Morris International, Inc.		464,695		42,682,236		0.4	%
	Procter & Gamble Co.		715,573		96,366,216		1.0	%
	Walmart, Inc.		427,058		60,783,165		0.6	%
	Other Securities				263,950,165		2.7	%
TOTAL CONSUMER STAPLES					675,168,937		6.9	%
ENERGY — (5.3%)
	Chevron Corp.		539,276		97,555,028		1.0	%
	ConocoPhillips		381,537		48,108,000		0.5	%
	Exxon Mobil Corp.		1,247,723		138,260,186		1.4	%
	Other Securities				237,377,372		2.4	%
TOTAL ENERGY					521,300,586		5.3	%
FINANCIALS — (11.3%)
	Bank of America Corp.		2,093,900		75,464,156		0.8	%
*	Berkshire Hathaway, Inc., Class B		540,290		159,434,176		1.6	%
	JPMorgan Chase & Co.		878,092		110,534,221		1.1	%
	Wells Fargo & Co.		1,136,657		52,274,855		0.5	%
	Other Securities				712,350,855		7.3	%
TOTAL FINANCIALS					1,110,058,263		11.3	%
HEALTH CARE — (15.1%)
	Abbott Laboratories		524,792		51,922,921		0.5	%
	AbbVie, Inc.		529,577		77,530,073		0.8	%
	Amgen, Inc.		160,351		43,350,893		0.4	%
	Bristol-Myers Squibb Co.		639,938		49,575,997		0.5	%
	Danaher Corp.		195,639		49,236,467		0.5	%
	Eli Lilly & Co.		236,194		85,523,485		0.9	%
	Johnson & Johnson		787,136		136,938,050		1.4	%
	Merck & Co., Inc.		758,781		76,788,637		0.8	%

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U.S. LARGE COMPANY PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Pfizer, Inc.		1,680,969	$	78,249,107		0.8	%
	Thermo Fisher Scientific, Inc.		117,387		60,333,396		0.6	%
	UnitedHealth Group, Inc.		280,021		155,453,658		1.6	%
	Other Securities				630,015,915		6.4	%
TOTAL HEALTH CARE					1,494,918,599		15.2	%
INDUSTRIALS — (8.2%)
	Honeywell International, Inc.		201,968		41,205,511		0.4	%
	Raytheon Technologies Corp.		442,635		41,970,651		0.4	%
	Other Securities				722,868,566		7.4	%
TOTAL INDUSTRIALS					806,044,728		8.2	%
INFORMATION TECHNOLOGY — (25.9%)
	Accenture PLC, Class A		189,544		53,811,542		0.6	%
*	Adobe, Inc.		140,277		44,678,224		0.5	%
	Apple, Inc.		4,520,520		693,176,690		7.1	%
	Broadcom, Inc.		120,996		56,882,640		0.6	%
	Cisco Systems, Inc.		1,240,783		56,368,772		0.6	%
	Mastercard, Inc., Class A		255,536		83,861,804		0.9	%
#	Microsoft Corp.		2,231,811		518,070,287		5.3	%
	NVIDIA Corp.		749,807		101,201,451		1.0	%
	QUALCOMM, Inc.		336,689		39,614,828		0.4	%
*	Salesforce, Inc.		298,208		48,485,639		0.5	%
	Texas Instruments, Inc.		273,889		43,994,790		0.5	%
#	Visa, Inc., Class A		489,597		101,424,915		1.0	%
	Other Securities				719,858,128		7.1	%
TOTAL INFORMATION TECHNOLOGY					2,561,429,710		26.1	%
MATERIALS — (2.5%)
	Linde PLC		149,383		44,419,035		0.5	%
	Other Securities				203,243,849		2.0	%
TOTAL MATERIALS					247,662,884		2.5	%
REAL ESTATE — (2.6%)
	Other Securities				257,921,165		2.6	%
UTILITIES — (2.9%)
	NextEra Energy, Inc.		588,901		45,639,827		0.5	%
	Other Securities				243,505,443		2.5	%
TOTAL UTILITIES					289,145,270		3.0	%
TOTAL COMMON STOCKS (Cost $2,936,651,357)					9,740,209,127		99.2	%
TEMPORARY CASH INVESTMENTS — (0.0%)
	State Street Institutional U.S. Government Money Market Fund, 3.010%		3,238,169		3,238,169		0.0	%
SECURITIES LENDING COLLATERAL — (1.4%)
@§	The DFA Short Term Investment Fund		11,703,174		135,300,391		1.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,075,197,570)				$	9,878,747,687		100.6	%

144

U.S. LARGE COMPANY PORTFOLIO

CONTINUED

As of October 31, 2022, U.S. Large Company Portfolio had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		337		12/16/22	$	65,041,056	$	65,428,550	$	387,494
Total Futures Contracts					$	65,041,056	$	65,428,550	$	387,494

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	716,429,449		—		—	$	716,429,449
Consumer Discretionary		1,060,129,536		—		—		1,060,129,536
Consumer Staples		675,168,937		—		—		675,168,937
Energy		521,300,586		—		—		521,300,586
Financials		1,110,058,263		—		—		1,110,058,263
Health Care		1,494,918,599		—		—		1,494,918,599
Industrials		806,044,728		—		—		806,044,728
Information Technology		2,561,429,710		—		—		2,561,429,710
Materials		247,662,884		—		—		247,662,884
Real Estate		257,921,165		—		—		257,921,165
Utilities		289,145,270		—		—		289,145,270
Temporary Cash Investments		3,238,169		—		—		3,238,169
Securities Lending Collateral		—	$	135,300,391		—		135,300,391
Futures Contracts**		387,494		—		—		387,494
TOTAL	$	9,743,834,790	$	135,300,391		—	$	9,879,135,181

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

See accompanying Notes to Financial Statements.

145

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	U.S. Large Company Portfolio*
ASSETS:
Investment Securities at Value (including $200,201 of securities on loan)	$	9,740,210
Temporary Cash Investments at Value & Cost		3,238
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $135,308)		135,300
Segregated Cash for Futures Contracts		3,370
Cash		11,043
Receivables:
Investment Securities Sold		56,078
Dividends and Interest		7,224
Securities Lending Income		19
Fund Shares Sold		4,907
Prepaid Expenses and Other Assets		56
Total Assets		9,961,445
LIABILITIES:
Payables:
Upon Return of Securities Loaned		74,909
Investment Securities Purchased		60,499
Fund Shares Redeemed		5,154
Due to Advisor		422
Futures Margin Variation		3,074
Accrued Expenses and Other Liabilities		641
Total Liabilities		144,699
NET ASSETS	$	9,816,746
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $9,816,746 and shares outstanding of 356,280,155	$	27.55
NUMBER OF SHARES AUTHORIZED		900,000,000
Investment Securities at Cost	$	2,936,651
NET ASSETS CONSIST OF:
Paid-In Capital	$	2,601,677
Total Distributable Earnings (Loss)		7,215,069
NET ASSETS	$	9,816,746

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

See accompanying Notes to Financial Statements.

146

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	U.S. Large Company Portfolio#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $38)	$	168,407
Income from Securities Lending		149
Total Investment Income		168,556
Fund Expenses
Investment Management Fees		6,547
Accounting & Transfer Agent Fees		1,684
S&P 500® Fees		183
Custodian Fees		137
Filing Fees		115
Shareholders’ Reports		226
Directors’/Trustees’ Fees & Expenses		49
Professional Fees		153
Previously Waived Fees Recovered by Advisor (Note C)		114
Other		232
Total Fund Expenses		9,440
Fees Waived, Expenses Reimbursed by Advisor (Note C)		711
Net Expenses		8,729
Net Investment Income (Loss)		159,827
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		492,366
Affiliated Investment Companies Shares Sold		(19	)
Futures		(10,134	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,364,904	)
Affiliated Investment Companies Shares		(9	)
Futures		36
Net Realized and Unrealized Gain (Loss)		(1,882,664	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,722,837	)

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

147

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Large Company Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	159,827		$	157,081
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		492,366			726,997
Affiliated Investment Companies Shares Sold		(19	)		1
Futures		(10,134	)		6,547
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,364,904	)		3,024,256
Affiliated Investment Companies Shares		(9	)		(6	)
Futures		36			758
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,722,837	)		3,915,634
Distributions:
Institutional Class Shares		(792,204	)		(395,160	)
Capital Share Transactions (1):
Shares Issued		1,294,694			1,206,555
Shares Issued in Lieu of Cash Distributions		741,569			367,657
Shares Redeemed		(2,012,336	)		(2,349,587	)
Net Increase (Decrease) from Capital Share Transactions		23,927			(775,375	)
Total Increase (Decrease) in Net Assets		(2,491,114	)		2,745,099
Net Assets
Beginning of Year		12,307,860			9,562,761
End of Year	$	9,816,746		$	12,307,860
(1) Shares Issued and Redeemed:
Shares Issued		43,150			39,616
Shares Issued in Lieu of Cash Distributions		22,923			12,970
Shares Redeemed		(65,948	)		(77,430	)
Net Increase (Decrease) from Shares Issued and Redeemed		125			(24,844	)

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

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

See accompanying Notes to Financial Statements.

148

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

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

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

See accompanying Notes to Financial Statements.

149

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

B. Significant Accounting Policies:

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

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

Securities held by the Portfolio, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Portfolio that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Portfolio values the securities 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

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

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

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board of Directors, generally based on average net assets.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolio. For the year ended October 31, 2022, the Portfolio’s investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

U.S. Large Company Portfolio 0.06 % 

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. The Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2023, may only be terminated by the Fund’s Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the year ended October 31, 2022, the Portfolio had an expense limit based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or assumed expenses (amounts in thousands), as listed below. The net amount of waived fees/expenses assumed (recovered previously waived fees/expenses assumed) during the year ended October 31, 2022, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of October 31, 2022, are also reflected below (amounts in thousands). At any time that the Annualized Expense Ratio (defined below) of the Portfolio is less than the Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

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								Previously
				Recovery				Waived Fees/
	Expense			of Previously		Waived Fees/		Expenses Assumed
	Limitation			Waived Fees/		Expenses		Subject to Future
Institutional Class Shares	Amount			Expenses Assumed		Assumed		Recovery
U.S. Large Company Portfolio (1)		0.08	%	$	114	$	711	$	2,538

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

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the year ended October 31, 2022, the total related amounts paid by the Fund to the CCO were $20 (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, 2022, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

U.S. Large Company Portfolio $ 100

E. Purchases and Sales of Securities:

For the year ended October 31, 2022, the Portfolio’s transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

	Purchases		Sales
U.S. Large Company Portfolio	$	261,637	$	906,721

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

For the year ended October 31, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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

	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
U.S. Large Company Portfolio
The DFA Short Term Investment Fund	$	5,511	$	576,538	$	446,721	$	(19	)	$	(9	)	$	135,300		11,703	$	395		—
Total	$	5,511	$	576,538	$	446,721	$	(19	)	$	(9	)	$	135,300		11,703	$	395		—

152

F. Federal Income Taxes:

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

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

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

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

As of October 31, 2022, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

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

As of October 31, 2022, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

	Undistributed								Total Net
	Net Investment								Distributable
	Income and		Undistributed				Unrealized		Earnings
	Short-Term		Long-Term		Capital Loss		Appreciation		(Accumulated
	Capital Gains		Capital Gains		Carryforwards		(Depreciation)		Losses)
U.S. Large Company Portfolio		—	$	426,910		—	$	6,788,260	$	7,215,170

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2022, the Portfolio did not have capital loss carryforwards available to offset future realized capital gains.

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

153

As of October 31, 2022, 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):

								Net
								Unrealized
	Federal		Unrealized		Unrealized			Appreciation
	Tax Cost		Appreciation		(Depreciation)			(Depreciation)
U.S. Large Company Portfolio	$	3,090,489	$	6,942,574	$	(154,315	)	$	6,788,259

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolio’s tax positions and has concluded that no additional provision for income tax is required in the Portfolio’s financial statements. The Portfolio is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio’s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G. Financial Instruments:

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

Derivative Financial Instruments:

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

1. Futures Contracts: The Portfolio may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. Upon entering into a futures contract, the Portfolio deposits cash or pledges U.S. government securities to a broker, equal to the minimum “initial margin” requirements of the exchange on which the contract is traded to a broker. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Portfolio as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolio records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Portfolio could lose more than the initial margin requirements. Entering into stock index futures subjects the Portfolio 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.

154

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2022 was as follows (amount in thousands):

	Futures*
U.S. Large Company Portfolio	$	31,275

* Average Notional Value of futures contracts.

The following is a summary of the Portfolio’s derivative instrument holdings categorized by primary risk exposure as of October 31, 2022 (amounts in thousands):

	Asset Derivatives Value
	Total Value
	at		Equity
	October 31, 2022		Contracts *,(1)
U.S. Large Company Portfolio	$	387	$	387

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Portfolio’s direct investment in derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2022 (amounts in thousands):

	Realized Gain (Loss) on
	Derivatives
				Equity
	Total			Contracts (1)
U.S. Large Company Portfolio	$	(10,134	)	$	(10,134	)

	Change in Unrealized Appreciation
	(Depreciation) on Derivatives
			Equity
	Total		Contracts (2)
U.S. Large Company Portfolio	$	36	$	36

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

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

H. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

155

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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

For the year ended October 31, 2022, borrowings by the Portfolio 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 10/31/2022

U.S. Large Company Portfolio

1.46

%

$

5,523

31

$

7

$

18,454

—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022, that the Portfolio’s available line of credit was used.

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

For the year ended October 31, 2022, activity by the Portfolio 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 10/31/2022

U.S. Large Company Portfolio

Borrower

3.44

%

$

20,000

3

$

6

$

20,000

—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022 that the Portfolio utilized the interfund lending program.

I. Securities Lending:

As of October 31, 2022, the Portfolio had securities on loan to brokers/dealers, for which the Portfolio received cash collateral. In addition, the Portfolio received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

	Non-Cash
	Collateral
	Market
	Value
U.S. Large Company Portfolio	$	70,104

156

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

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

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of October 31, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and				Between
	Continuous		<30 days		30 & 90 days		>90 days		Total
Securities Lending Transactions
U.S. Large Company Portfolio Common Stocks	$	74,909		—		—		—	$	74,909

J. Indemnitees; Contractual Obligations:

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

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

K. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The

157

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 Portfolio’s 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 Portfolio could enter, eliminates the asset segregation framework previously used by the Portfolio to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Portfolio began complying with the Valuation Rule on August 1, 2022.

L. Other:

As of October 31, 2022, 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
U.S. Large Company Portfolio-Institutional Class		4		70	%

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

M. Subsequent Event Evaluations:

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

158

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Dimensional Investment Group Inc. and Shareholders of U.S. Large Company Portfolio

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the summary schedule of portfolio holdings, of U.S. Large Company Portfolio (one of the portfolios constituting Dimensional Investment Group Inc., referred to hereafter as the “Portfolio”) as of October 31, 2022, the related statement of operations for the year ended October 31, 2022, the statement of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (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, 2022, 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, 2022 and the financial highlights for each of the five years in the period ended October 31, 2022 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.

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, 2022 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

159

THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The U.S. Large Cap Value Series vs.

Russell 1000™ Value Index

October 31, 2012-October 31, 2022

160

MANAGEMENT’S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 12 Months Ended October 31, 2022

U.S. equities had negative returns for the period. The broad U.S. equity market, as measured by the Russell 3000^® Index, lost approximately -16.52%. As measured by Russell indices, small-cap stocks underperformed large-cap stocks, and mid-cap stocks, a subset of the large-cap universe, underperformed large-cap stocks but outperformed small-cap stocks. Value stocks outperformed growth stocks as measured by the Russell indices.

Total Return for 12 Months Ended October 31, 2022

Russell 3000® Index	-16.52	%
Russell 1000® Index (large-cap stocks)	-16.38	%
Russell Midcap® Index (mid-cap stocks)	-17.17	%
Russell 2000® Index (small-cap stocks)	-18.54	%
Russell Microcap® Index (micro-cap stocks)	-22.29	%
Dow Jones U.S. Select REIT Index SM	-19.97	%

Total Return for 12 Months Ended October 31, 2022

Russell 1000® Value Index (large-cap value stocks)	-7.00	%
Russell 1000® Growth Index (large-cap growth stocks)	-24.60	%
Russell 2000® Value Index (small-cap value stocks)	-10.73	%
Russell 2000® Growth Index (small-cap growth stocks)	-26.02	%

Source: Frank Russell Company is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes.

U.S. Large Cap Value Series

The U.S. Large Cap Value Series is designed to capture the returns of U.S. large company low relative price (value) stocks. 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 value segment of the U.S. market. As of October 31, 2022, the Series held approximately 350 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2022, total returns were -3.45% for the Series and -7.00% for the Russell 1000^® Value Index, the Series’ benchmark. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Series’ greater emphasis on value stocks as compared to the benchmark contributed positively to the Series’ relative performance. The Series’ emphasis on higher-profitability stocks within the large-cap value segment of the U.S. market also contributed positively to relative performance, as these stocks outperformed. Additionally, the Series’ exclusion of real estate investment trusts (REITs) contributed positively to relative performance, as REITs generally underperformed.

161

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

Six Months Ended October 31, 2022

EXPENSE TABLE

	Beginning		Ending					Expenses
	Account		Account		Annualized			Paid
	Value		Value		Expense			During
	05/01/22		10/31/22		Ratio (1)			Period (1)
The U.S. Large Cap Value Series
Actual Fund Return	$	1,000.00	$	994.00		0.11	%	$	0.55
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.65		0.11	%	$	0.56

(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.

162

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 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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

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

PORTFOLIO HOLDINGS

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

DOMESTIC EQUITY PORTFOLIO

The U.S. Large Cap Value Series
Communication Services	7.6	%
Consumer Discretionary	5.2	%
Consumer Staples	6.1	%
Energy.	16.0	%
Financials	19.9	%
Health Care.	17.2	%
Industrials.	11.6	%
Information Technology	7.9	%
Materials.	7.8	%
Real Estate.	0.4	%
Utilities.	0.3	%
	100.0	%

163

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (97.1%)
COMMUNICATION SERVICES — (7.4%)
	AT&T, Inc.		19,723,621	$	359,561,611		1.3	%
	Comcast Corp., Class A		13,738,104		436,047,421		1.6	%
*	T-Mobile U.S., Inc.		1,448,419		219,522,384		0.8	%
	Verizon Communications, Inc.		11,228,072		419,593,051		1.6	%
#*	Walt Disney Co.		1,947,638		207,501,352		0.8	%
	Other Securities				388,431,685		1.4	%
TOTAL COMMUNICATION SERVICES					2,030,657,504		7.5	%
CONSUMER DISCRETIONARY — (5.1%)
#	DR Horton, Inc.		2,494,501		191,777,237		0.7	%
	General Motors Co.		4,563,422		179,114,313		0.7	%
	Other Securities				1,028,297,049		3.8	%
TOTAL CONSUMER DISCRETIONARY					1,399,188,599		5.2	%
CONSUMER STAPLES — (5.9%)
#	General Mills, Inc.		2,002,753		163,384,590		0.6	%
	Kroger Co.		3,345,475		158,207,513		0.6	%
	Mondelez International, Inc., Class A		3,063,492		188,343,488		0.7	%
	Walmart, Inc.		3,424,187		487,364,536		1.8	%
	Other Securities				636,769,324		2.3	%
TOTAL CONSUMER STAPLES					1,634,069,451		6.0	%
ENERGY — (15.5%)
#	Chevron Corp.		4,558,886		824,702,477		3.0	%
	ConocoPhillips		5,185,429		653,830,743		2.4	%
#	EOG Resources, Inc.		1,168,138		159,474,200		0.6	%
#	Exxon Mobil Corp.		10,590,425		1,173,524,994		4.3	%
	Marathon Petroleum Corp.		1,358,505		154,353,338		0.6	%
	Schlumberger NV		3,057,917		159,103,421		0.6	%
	Other Securities				1,163,338,010		4.3	%
TOTAL ENERGY.					4,288,327,183		15.8	%
FINANCIALS — (19.3%)
	Bank of America Corp.		8,609,381		310,282,127		1.2	%
#*	Berkshire Hathaway, Inc., Class B		1,859,637		548,760,282		2.0	%
	Capital One Financial Corp.		1,481,150		157,031,523		0.6	%
#	Citigroup, Inc.		3,688,797		169,168,230		0.6	%
	Goldman Sachs Group, Inc.		976,089		336,272,421		1.2	%
	Hartford Financial Services Group, Inc.		2,234,680		161,813,179		0.6	%
	JPMorgan Chase & Co.		7,481,873		941,818,173		3.5	%
	Morgan Stanley		2,962,680		243,443,416		0.9	%
	Travelers Cos., Inc.		1,083,770		199,912,214		0.7	%
	Wells Fargo & Co.		5,911,149		271,853,743		1.0	%
	Other Securities				1,991,320,994		7.4	%
TOTAL FINANCIALS					5,331,676,302		19.7	%
HEALTH CARE — (16.7%)
#	Bristol-Myers Squibb Co.		4,546,581		352,223,630		1.3	%
	Cigna Corp.		998,289		322,507,244		1.2	%
	CVS Health Corp.		2,930,610		277,528,767		1.0	%
	Danaher Corp.		936,418		235,668,318		0.9	%

164

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
Elevance Health, Inc.			771,124	$	421,627,470		1.6	%
Gilead Sciences, Inc.			2,211,205		173,491,144		0.7	%
Humana, Inc.			441,277		246,267,868		0.9	%
Laboratory Corp. of America Holdings			683,569		151,656,618		0.6	%
Medtronic PLC			2,002,037		174,857,912		0.7	%
Pfizer, Inc.			17,020,200		792,290,310		2.9	%
Thermo Fisher Scientific, Inc.			756,496		388,816,249		1.4	%
Other Securities					1,077,834,540		3.9	%
TOTAL HEALTH CARE					4,614,770,070		17.1	%
INDUSTRIALS — (11.3%)
Eaton Corp. PLC			987,794		148,238,246		0.6	%
Norfolk Southern Corp.			780,147		177,928,126		0.7	%
Raytheon Technologies Corp.			1,827,270		173,261,741		0.6	%
Republic Services, Inc.			1,829,777		242,665,026		0.9	%
Other Securities					2,374,579,574		8.7	%
TOTAL INDUSTRIALS					3,116,672,713		11.5	%
INFORMATION TECHNOLOGY — (7.7%)
#	HP, Inc.		9,328,511		257,653,474		1.0	%
Intel Corp.			12,556,858		356,991,473		1.3	%
Micron Technology, Inc.			3,751,374		202,949,333		0.8	%
Other Securities					1,293,571,158		4.7	%
TOTAL INFORMATION TECHNOLOGY					2,111,165,438		7.8	%
MATERIALS — (7.5%)
Freeport-McMoRan, Inc.			5,097,835		161,550,391		0.6	%
*	Linde PLC		775,637		230,635,662		0.9	%
#	Nucor Corp.		1,985,067		260,798,103		1.0	%
#	Steel Dynamics, Inc.		1,686,863		158,649,465		0.6	%
Other Securities					1,262,064,050		4.6	%
TOTAL MATERIALS					2,073,697,671		7.7	%
REAL ESTATE — (0.4%)
Other Securities					102,269,222		0.4	%
UTILITIES — (0.3%)
Other Securities					76,579,795		0.3	%
TOTAL COMMON STOCKS (Cost $16,275,340,734)					26,779,073,948		99.0	%
TEMPORARY CASH INVESTMENTS — (1.0%)
State Street Institutional U.S. Government Money Market Fund, 3.010%			264,660,566		264,660,566		1.0	%
SECURITIES LENDING COLLATERAL — (1.9%)
@§	The DFA Short Term Investment Fund		45,100,100		521,402,250		1.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $17,061,542,735)				$	27,565,136,764		101.9	%

165

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

As of October 31, 2022, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		882		12/16/22	$	178,906,459	$	171,240,300	$	(7,666,159	)
Total Futures Contracts					$	178,906,459	$	171,240,300	$	(7,666,159	)

Summary of the Series’ investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Common Stocks
Communication Services	$	2,030,657,504			—		—	$	2,030,657,504
Consumer Discretionary		1,399,188,599			—		—		1,399,188,599
Consumer Staples		1,634,069,451			—		—		1,634,069,451
Energy		4,288,327,183			—		—		4,288,327,183
Financials		5,331,676,302			—		—		5,331,676,302
Health Care		4,614,770,070			—		—		4,614,770,070
Industrials		3,116,672,713			—		—		3,116,672,713
Information Technology		2,111,165,438			—		—		2,111,165,438
Materials		2,073,697,671			—		—		2,073,697,671
Real Estate		102,269,222			—		—		102,269,222
Utilities		76,579,795			—		—		76,579,795
Temporary Cash Investments		264,660,566			—		—		264,660,566
Securities Lending Collateral		—		$	521,402,250		—		521,402,250
Futures Contracts**		(7,666,159	)		—		—		(7,666,159	)
TOTAL	$	27,036,068,355		$	521,402,250		—	$	27,557,470,605

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

See accompanying Notes to Financial Statements.

166

THE DFA INVESTMENT TRUST COMPANY

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

(Amounts in thousands)

	The U.S. Large Cap Value Series*
ASSETS:
Investment Securities at Value (including $731,508 of securities on loan)	$	26,779,074
Temporary Cash Investments at Value & Cost		264,661
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $521,541)		521,402
Segregated Cash for Futures Contracts		8,820
Receivables:
Investment Securities Sold		6,614
Dividends and Interest		29,653
Securities Lending Income		142
Total Assets		27,610,366
LIABILITIES:
Payables:
Upon Return of Securities Loaned		513,007
Investment Securities Purchased		47,015
Due to Advisor		2,154
Futures Margin Variation		1,246
Accrued Expenses and Other Liabilities		963
Total Liabilities		564,385
NET ASSETS	$	27,045,981
Investment Securities at Cost	$	16,275,341

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

See accompanying Notes to Financial Statements.

167

THE DFA INVESTMENT TRUST COMPANY

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	The U.S. Large Cap Value Series#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $45)	$	645,606
Income from Securities Lending		652
Total Investment Income		646,258
Expenses
Investment Management Fees		28,078
Accounting & Transfer Agent Fees		3
Custodian Fees		342
Shareholders’ Reports		38
Directors’/Trustees’ Fees & Expenses		130
Professional Fees		330
Other		573
Total Expenses		29,494
Net Expenses		29,494
Net Investment Income (Loss)		616,764
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		753,310
Affiliated Investment Companies Shares Sold		(30	)
Futures		(16,355	)
Foreign Currency Transactions		(2	)
In-Kind Redemptions		46,523
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,352,364	)
Affiliated Investment Companies Shares		(147	)
Futures		(16,326	)
Net Realized and Unrealized Gain (Loss)		(1,585,391	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(968,627	)

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

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

168

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Cap Value Series
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	616,764		$	541,698
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		753,310			1,388,344
Affiliated Investment Companies Shares Sold		(30	)		16
Futures		(16,355	)		49,910
Foreign Currency Transactions		(2	)		—
In-Kind Redemptions		46,523			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,352,364	)		8,413,121
Affiliated Investment Companies Shares		(147	)		(20	)
Futures		(16,326	)		12,740
Net Increase (Decrease) in Net Assets Resulting from Operations		(968,627	)		10,405,809
Transactions in Interest:
Contributions		972,772			808,201
Withdrawals		(2,778,807	)		(3,547,772	)
Net Increase (Decrease) from Transactions in Interest		(1,806,035	)		(2,739,571	)
Total Increase (Decrease) in Net Assets		(2,774,662	)		7,666,238
Net Assets
Beginning of Year		29,820,643			22,154,405
End of Year	$	27,045,981		$	29,820,643

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

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

See accompanying Notes to Financial Statements.

169

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

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

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

See accompanying Notes to Financial Statements.

170

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

B. Significant Accounting Policies:

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

1. Security Valuation: The Series uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Series values the securities 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

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.

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

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

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of Trustees of the Trust; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

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

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Series. For the year ended October 31, 2022, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

The U.S. Large Cap Value Series 0.10 % 

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. For the year ended October 31, 2022, the total related amounts paid by the Trust to the CCO were $28 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

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D. Deferred Compensation:

As of October 31, 2022, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

The U.S. Large Cap Value Series $ 156

E. Purchases and Sales of Securities:

For the year ended October 31, 2022, the Series’ transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

	Purchases		Sales
The U.S. Large Cap Value Series	$	2,680,600	$	3,677,661

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

For the year ended October 31, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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

	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
The U.S. Large Cap Value Series
The DFA Short Term
Investment Fund	$	155,780	$	4,248,436	$	3,882,637	$	(30	)	$	(147	)	$	521,402		45,100	$	3,799		—
Total	$	155,780	$	4,248,436	$	3,882,637	$	(30	)	$	(147	)	$	521,402		45,100	$	3,799		—

F. Federal Income Taxes:

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

As of October 31, 2022, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The U.S. Large Cap Value Series	$	17,036,981	$	11,234,320	$	(713,829	)	$	10,520,491

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

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ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Series’ tax positions and has concluded that no additional provision for income tax is required in the Series’ financial statements. The Series is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G. Financial Instruments:

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

Derivative Financial Instruments:

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

1. Futures Contracts: The Series may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. 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, 2022 was as follows (amount in thousands):

	Futures*
The U.S. Large Cap Value Series	$	191,772

* Average Notional Value of futures contracts.

The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of October 31, 2022 (amounts in thousands):

	Liability Derivatives Value
	Total Value at October 31, 2022			Equity Contracts *,(1)
The U.S. Large Cap Value Series	$	(7,665	)	$	(7,665	)

(1) Presented on Statement of Assets and Liabilities as 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.

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The following is a summary of the realized and change in unrealized gains and losses from the Series’ derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2022 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
The U.S. Large Cap Value Series	$	(16,355	)	$	(16,355	)

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
The U.S. Large Cap Value Series	$	(16,326	)	$	(16,326	)

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

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

H. Line of Credit and Interfund Lending Program:

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

There were no borrowings by the Series under the lines of credit during the year ended October 31, 2022.

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.

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The Series did not use the interfund lending program during the year ended October 31, 2022.

I. Affiliated Trades:

Cross trades for the year ended October 31, 2022, if any, were executed by the Series pursuant to procedures adopted by the Board of Trustees of the Trust to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Trust.

For the year ended October 31, 2022, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

Series	Purchases		Sales		Realized Gain (Loss)
The U.S. Large Cap Value Series	$	275,408	$	282,808	$	33,436

J. Securities Lending:

As of October 31, 2022, the Series had securities on loan to brokers/dealers, for which the Series received cash collateral. In addition, the Series received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

	Non-Cash Collateral Market Value
The U.S. Large Cap Value Series	$	227,152

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

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

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of October 31, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
The U.S. Large Cap Value Series Common Stocks	$	513,007		—		—		—	$	513,007

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. In-Kind Redemptions:

During the year ended October 31, 2022, the Series realized net gains (losses) on in-kind redemptions as follows (amount in thousands):

The U.S. Large Cap Value Series $ 46,523

M. 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 Series’ financial statements.

177

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, eliminates the asset segregation framework previously used by the Series to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Series began complying with the Valuation Rule on August 1, 2022.

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

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.

178

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of The DFA Investment Trust Company and Shareholders of The U.S. Large Cap Value Series

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the summary schedule of portfolio holdings, of The U.S. Large Cap Value Series (one of the series constituting The DFA Investment Trust Company, hereafter referred to as the “Series”) as of October 31, 2022, the related statement of operations for the year ended October 31, 2022, the statement of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Series as of October 31, 2022, 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, 2022 and the financial highlights for each of the five years in the period ended October 31, 2022 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

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.

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, 2022 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

179

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 four standing committees, an Audit Committee, a Nominating and Governance Committee (the “Nominating Committee”), a Mutual Funds-ETF Relations committee and an Investment Strategy Committee (the “Strategy Committee”). The Audit Committee is composed of Reena Aggarwal, George M. Constantinides, Francis A. Longstaff, 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 three Audit Committee meetings held during the fiscal year ended October 31, 2022.

Each Board’s Nominating Committee is composed of Reena Aggarwal, George M. Constantinides, Douglas W. Diamond, Francis A. Longstaff, and Heather E. Tookes. 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 works closely with the other disinterested Trustees to evaluate a candidate’s qualification for Board membership and the independence of such candidate from the Advisor and other principal service providers. The Nominating Committee also periodically reviews the Board governance practices, policies, procedures, and operations; reviews the membership of each committee of the Board; reviews and makes recommendations regarding the Independent Trustees’ compensation; oversees the annual self-assessment of the Board and each committee; considers and recommends to the Board, the selection of “independent legal counsel” (as that term is defined in the 1940 Act); and monitors and considers corporate governance issues that may arise from time to time. There were three Nominating Committee meetings held during the fiscal year ended October 31, 2022.

Each Board’s Strategy Committee is composed of Gerard K. O’Reilly, Douglas W. Diamond, Darrell Duffie, and Heather E. Tookes. 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 four Strategy Committee meetings held during the fiscal year ended October 31, 2022.

The Mutual Funds-ETF Relations Committee is comprised of George M. Constantinides, Darrell Duffie, and Ingrid M. Werner. At the request of the Board, the Mutual Funds-ETF Relations Committee (i) reviews any newly-proposed expenses to be borne by the ETFs in the Dimensional ETF Trust (“Dimensional ETFs”), portfolios in the DFA mutual fund complex (“Fund Complex”) or changes to the existing expense allocations among the Dimensional ETFs, portfolios in the Fund Complex, and the Advisor, (ii) considers any conflicts of interest that may arise in the operations of the Dimensional ETFs and the portfolios in the Fund Complex, (iii) reviews and considers relevant information relating to the operations of the Dimensional ETFs, and (iv) considers asset flows and performance differences between the similarly managed mutual funds and ETFs of the Funds. There were two Mutual Funds-ETF Relations Committee meetings held for the Trust during the fiscal year ended October 31, 2022.

180

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.

181

Disinterested Directors/Trustees

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
Reena Aggarwal c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1957	Director/ Trustee	Since December 2021	Robert E. McDonough Professor of Business Administration and Finance, McDonough School of Business, Georgetown University (since 2003); Director, Georgetown Center for Financial Markets and Policy (since 2010); and Vice Provost of Faculty (2016-2020), Georgetown University.	147 portfolios in 5 investment companies	Director, Cohen & Steers (asset management firm) (since 2017) and Director, Nuveen Churchill Direct Lending (private business development company) (since 2019). Formerly, Director, New York Life Investment Management IndexIQ (2008- 2021) (22 funds); Director, REAN Cloud (technology) (2015-2018); Director, FBR & Co. (investment banking) (2011- 2017); and Director, Brightwood Capital Advisors, L.P. (private equity) (2013- 2020).
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).	147 portfolios in 5 investment companies	None

182

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
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 1979). Formerly, Visiting Scholar, Federal Reserve Bank of Richmond (1990-2019).	147 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	Adams Distinguished Professor of Management and Professor of Finance, Stanford University (since 1984) and Director, TNB Inc. (bank) (since 2020).	147 portfolios in 5 investment companies	Formerly, Director, Moody’s Corporation (financial information and information technology) (2008- 2018).
Francis A. Longstaff c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1956	Director/ Trustee	Since December 2021	Allstate Professor of Insurance and Finance, UCLA, Anderson School of Management; Consultant, NERA Economic Consulting (since 2018); Consultant, Charles River Associates (economic consulting firm) (since 2013); Consultant, Simplex Holdings, Inc. (technology firm) (since 1998); and Expert Witness, Analysis Group (economic consulting firm) (since 2012).	147 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).	147 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 (2 investment companies within the fund complex) (13 portfolios) (since 2009).
Heather E. Tookes Yale School of Management 165 Whitney Avenue New Haven, CT 06511 1974	Director/ Trustee	Since December 2021	Professor of Finance, Yale School of Management (since 2004).	147 portfolios in 5 investment companies	Director, Payoneer Inc. (digital payments) (since 2021); Director, Ariel Investments LLC (since 2017); and Director, Community Foundation of Greater New Haven (community foundation and grant-making) (since 2022). Formerly, Director, KCG Holdings (trading company) (January 2017-July 2017).

183

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	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). 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). Formerly, Member, Academic Board, Mistra Financial Systems (organization funding academic research on environment, governance and climate/sustainability in finance) (2016-2021).	147 portfolios in 5 investment companies	Director, Fourth Swedish AP Fund (pension fund asset management) (since 2017).

184

Interested Directors/Trustees

The following interested Directors are described as such because each 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 Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
David P. Butler c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One, Austin, TX 78746 1964	Director Co-Chief Executive Officer	Director since December 2021 Co-Chief Executive Officer since 2017 (DFAIDG, DIG, DEM & DFAITC); 2020 (ETF Trust)	Co-Chief Executive Officer of Dimensional Emerging Markets Value Fund (“DEM”), DFAIDG, Dimensional Investment Group Inc. (“DIG”), The DFA Investment Trust Company (“DFAITC”), Dimensional Holdings Inc., Dimensional Fund Advisors LP, Dimensional Investment LLC, and DFA Securities LLC (collectively with DEM, DFAIDG, DIG and DFAITC, the “DFA Entities”) (since 2017), DFA Canada LLC (since 2018), Dimensional Holdings LLC (since 2017), and Dimensional ETF Trust (since 2020); Chief Executive Officer of Dimensional Fund Advisors Canada ULC (since 2018); Director (since 2017) of Dimensional Holdings Inc., Dimensional Fund Advisors Canada ULC, Dimensional Japan Ltd., Dimensional Advisors Ltd., Dimensional Fund Advisors Ltd., and DFA Australia Limited; Director and Co-Chief Executive Officer (since 2017) of Dimensional Cayman Commodity Fund I Ltd.; Chief Executive Officer of Dimensional Fund Advisors Canada ULC (since 2018); Head of Global Financial Advisor Services for Dimensional Fund Advisors LP (since 2007) and Dimensional Investment LLC (since 2017); Formerly, Vice President (2007 – 2017) of all the DFA Entities; Formerly, Head of Global Advisor Services for Dimensional Investment LLC (2011-2017).	147 portfolios in 5 investment companies	None
Gerard K. O’Reilly c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One, Austin, TX 78746 1976	Chairman and Director Co-Chief Executive Officer and Chief Investment Officer	Chairman and Director since December 2021 Co-Chief Executive Officer and Chief Investment Officer since 2017 (DFAIDG, DIG, DEM & DFAITC); 2020 (ETF Trust)	Co-Chief Executive Officer and Chief Investment Officer of the DFA Entities (since 2017) and Dimensional ETF Trust (since 2020); Co-Chief Executive Officer of Dimensional Canada LLC (since 2018); Chief Investment Officer of Dimensional Fund Advisors Canada ULC (since 2017); Director, Chief Investment Officer (since 2017) and Vice President (since 2014) of DFA Australia Limited; Chief Investment Officer (since 2018) 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 Fund II plc (since 2014), Dimensional Holdings Inc. (since 2017), Dimensional Advisors Ltd. (since 2017), and Dimensional Ireland Limited (since 2018). Formerly, Executive Vice President (2017) and Co-Chief Investment Officer (2014 – 2017) of the DFA Entities; Formerly, Vice President (2007 – 2017) of the DFA Entities; Formerly, Vice President and Co-Chief Investment Officer (2014 – 2017) of Dimensional Fund Advisors Canada ULC. Formerly, Director of Dimensional Fund Advisors Pte. Ltd. (2017-2018) and Dimensional Fund Advisors Ltd. (2018-2021).	147 portfolios in 5 investment companies	None

¹  Each Director/Trustee holds office for an indefinite term until his or her successor is elected and qualified.

²  Each Director/Trustee is a director or trustee of each of the five registered investment companies within the DFA Fund Complex, which include: the Fund; DIG; DFAITC; DEM; and Dimensional 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.

185

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 1967	Vice President and Assistant Secretary	Since 2001	Vice President and Assistant Secretary of •  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) •  Dimensional ETF Trust (since 2020) Director, Vice President and Assistant Secretary (since 2003) of •  Dimensional Fund Advisors Canada ULC
Ryan P. Buechner 1982	Vice President and Assistant Secretary	Since 2019	Vice President and Assistant Secretary of •  DFAIDG, DIG, DFAITC and DEM (since 2019) •  Dimensional ETF Trust (since 2020) Vice President (since January 2018) of •  Dimensional Holdings Inc.

186

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•  Dimensional Fund Advisors LP •  Dimensional Investment LLC •  DFA Securities LLC
Stephen A. Clark 1972	Executive Vice President	Since 2017	Executive Vice President of •  all the DFA Entities (since 2017) •  Dimensional ETF Trust (since 2020) Director and Vice President (since 2016) of •  Dimensional Japan Ltd. Chairman (since 2018) of •  Dimensional Fund Advisors Canada ULC 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 Vice President of •  Dimensional Advisors Ltd. (since 2016) •  Dimensional Hong Kong Limited (since 2016) •  Dimensional Fund Advisors Pte. Ltd. (since 2019) Formerly, Director (2016-2021) of •  Dimensional Fund Advisors 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 (2019-2020) 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 1972	Chief Operating Officer	Since June 2021	Chief Operating Officer (since June 2021) of •  the DFA Fund Complex 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 Vice President (since 2020) of •  DFA Australia Limited •  Dimensional Advisors Ltd. •  Dimensional Fund Advisors Canada ULC •  Dimensional Fund Advisors Pte. Ltd. •  Dimensional Ireland Limited •  Dimensional Japan Ltd. Formerly, Vice President, Chief Financial Officer, and Treasurer (June 2020-June 2021) of

187

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•  the DFA Fund Complex 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 1971	Vice President	Since June 2021	Vice President (since June 2021) of •  the DFA Fund Complex 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 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 Treasurer (2003 – 2017) of •  Lord Abbett Family of Funds
Eric Hall 1978	Vice President and Assistant Treasurer	Since June 2021	Vice President and Assistant Treasurer (since June 2021) of •  the DFA Fund Complex 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) of •  all the DFA Entities Vice President (since 2020) of •  Dimensional ETF Trust Vice President and Assistant Secretary (since 2010) of •  Dimensional Cayman Commodity Fund I Ltd. Formerly, Assistant Secretary (2017-2019) of •  all the DFA Entities
Joy Lopez 1971	Vice President and Assistant Treasurer	Vice President since 2015 and Assistant Treasurer since 2017	Vice President of •  all the DFA Entities (since 2015) •  Dimensional Fund Advisors Ltd. (since 2015) •  Dimensional ETF Trust (since 2020) •  DFA Australia Limited (since 2020) •  Dimensional Fund Advisors Canada ULC (since 2020) •  Dimensional Ireland Limited (since 2020) Assistant Treasurer of

188

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•  DFAIDG, DIG, DFAITC and DEM (since 2017) •  Dimensional ETF Trust (since 2020)
Kenneth M. Manell 1972	Vice President	Since 2010	Vice President of •  all the DFA Entities (since 2010) •  Dimensional Cayman Commodity Fund I Ltd. (since 2010) •  Dimensional 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 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 1964	President and General Counsel	President since 2017 and General Counsel since 2001	President of •  DFAIDG, DIG, DFAITC and DEM (since 2017) •  Dimensional ETF Trust (since 2020) General Counsel of •  all the DFA Entities (since 2001) •  Dimensional Fund Advisors LP (since 2006) •  Dimensional Holdings Inc (since 2006) •  Dimensional Investment LLC (since 2009) •  DFA Canada LLC (since 2009) •  Dimensional ETF Trust (since 2020) Executive Vice President (since 2017) of •  Dimensional Fund Advisors LP •  Dimensional Holdings Inc. •  DFA Securities LLC •  Dimensional Investment LLC Secretary of •  Dimensional Fund Advisors LP (since 2006) •  Dimensional Holdings Inc. (since 2006) •  DFA Securities LLC (since 2006) •  Dimensional Investment LLC (since 2009)
			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) •  DFA Canada LLC (since 2009) •  Dimensional Cayman Commodity Fund I Ltd. (since 2010) •  Dimensional Japan Ltd. (since 2012) •  Dimensional Advisors Ltd (since 2014) •  Dimensional Fund Advisors Pte. Ltd. (since 2012) Vice President and Assistant Secretary (since 2012) of •  Dimensional Hong Kong Limited Director of •  Dimensional Australia Limited (since 2007) •  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)

189

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•  Dimensional Ireland Limited (since 2018) Formerly, Vice President and Secretary (2010 – 2014) of •  Dimensional Smart Nest (US) LLC Formerly, Vice President (1997 – 2017) and Secretary (2000 – 2017) of •  DFAIDG, DIG, DFAITC and DEM 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) Formerly, Director (2002 – 2021) of •  Dimensional Fund Advisors Ltd.
Selwyn J. Notelovitz 1961	Vice President	Since September 2021	Vice President (since September 2021) of •  the DFA Fund Complex 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
Carolyn L. O 1974	Vice President and Secretary	Vice President since 2010 and Secretary since 2017	Vice President and Secretary of •  DFAIDG, DIG, DFAITC and DEM (since 2010 and 2017, respectively) •  Dimensional ETF Trust (since 2020) 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) Assistant Secretary (since 2016) of •  DFA Securities LLC
Randy C. Olson 1980	Chief Compliance Officer	Since 2020	Chief Compliance Officer (since 2020) •  the DFA Fund Complex •  Vice President (since 2016) of •  DFA Securities LLC •  Dimensional Fund Advisors LP •  Dimensional Holdings Inc.

190

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•  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)
James J. Taylor 1983	Vice President and Assistant Treasurer	Since 2020	Vice President and Assistant Treasurer (since 2020) of •  the DFA Fund Complex Vice President •  Dimensional Holdings Inc. (since 2016) •  Dimensional Fund Advisors LP (since 2016) •  Dimensional Investment LLC (since 2016) •  DFA Securities LLC (since 2016) •  Dimensional Fund Advisors Canada ULC (since 2020)

¹  Each officer holds office for an indefinite term at the pleasure of the Board of Directors and until his or her successor is elected and qualified.

191

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 https://www.dimensional.com/us-en/who-we-are/investment-stewardship and reflects the twelve-month period beginning July 1st and ending June 30th.

192

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, 2022. 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 2022 (e.g., IRS Form 1099-DIV) will be provided in early 2023. Shareholders should refer to these statements in preparing their calendar year 2022 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, 2022.

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)
Enhanced U.S. Large Company Portfolio		2	%		41	%		57	%		—		—		100	%		—			—			—			—		—		—			100	%
U.S. Large Cap Equity Portfolio		28	%		—			72	%		—		—		100	%		100	%		100	%		—			—		—		—			—
U.S. Large Cap Value Portfolio		40	%		—			60	%		—		—		100	%		100	%		100	%		—			—		—		—			—
U.S. Targeted Value Portfolio		17	%		9	%		74	%		—		—		100	%		100	%		100	%		—			—		—		1	%		100	%
U.S. Small Cap Value Portfolio		15	%		7	%		78	%		—		—		100	%		100	%		100	%		—			—		—		1	%		100	%
U.S. Core Equity 1 Portfolio		32	%		—			68	%		—		—		100	%		100	%		100	%		—			—		—		1	%		—
U.S. Core Equity 2 Portfolio		25	%		1	%		74	%		—		—		100	%		100	%		100	%		—			—		—		1	%		100	%
U.S. Vector Equity Portfolio		17	%		3	%		80	%		—		—		100	%		100	%		100	%		—			—		—		1	%		100	%
U.S. Small Cap Portfolio		15	%		—			85	%		—		—		100	%		100	%		100	%		—			—		—		1	%		—
U.S. Micro Cap Portfolio		9	%		—			91	%		—		—		100	%		100	%		100	%		—			—		—		1	%		—
U.S. High Relative Profitability Portfolio		40	%		4	%		56	%		—		—		100	%		100	%		100	%		—			—		—		1	%		100	%
DFA Real Estate Securities Portfolio		61	%		7	%		32	%		—		—		100	%		—			—			—			—		—		1	%		100	%
DFA Commodity Strategy Portfolio.		100	%		—			—			—		—		100	%		—			—			100	%		—		—		100	%		—
Dimensional Investment Group Inc.
U.S. Large Company Portfolio		18	%		—			82	%		—		—		100	%		100	%		100	%		—			—		—		—			—

(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 2022.

(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 2022.

(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 2022. 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.

See accompanying Notes to Financial Statements.

193

(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 2022.

(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 2022.

See accompanying Notes to Financial Statements.

194

DFA103122-001AD 00281081

Annual Report

Year Ended: October 31, 2022

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

DFA Investment Dimensions Group Inc.

Large Cap International Portfolio

International Core Equity Portfolio

Global Small Company Portfolio

International Small Company Portfolio

Japanese Small Company Portfolio

Asia Pacific Small Company Portfolio

United Kingdom Small Company Portfolio

Continental Small Company Portfolio

DFA International Real Estate Securities Portfolio

DFA Global Real Estate Securities Portfolio

DFA International Small Cap Value Portfolio

International Vector Equity Portfolio

International High Relative Profitability Portfolio

World ex U.S. Value Portfolio

World ex U.S. Core Equity Portfolio

World ex U.S. Targeted Value Portfolio

World Core Equity Portfolio

Selectively Hedged Global Equity Portfolio

Emerging Markets Portfolio

Emerging Markets Small Cap Portfolio

Emerging Markets Value Portfolio

Emerging Markets Core Equity Portfolio

Emerging Markets Targeted Value Portfolio

Emerging Markets ex China Core Equity Portfolio

Dimensional Investment Group Inc.

DFA International Value Portfolio

The DFA Investment Trust Company

The DFA International Value Series

The Japanese Small Company Series

The Asia Pacific Small Company Series

The United Kingdom Small Company Series

The Continental Small Company Series

The Canadian Small Company Series

The Emerging Markets Series

The Emerging Markets Small Cap Series

Dimensional Emerging Markets Value Fund

December 2022

Dear Shareholder,

For more than four decades, Dimensional has been innovating on behalf of investors, using financial science to pursue higher expected returns across a range of market conditions.

We start with what clients are seeking and determine how best to deliver strategies to meet those needs through a systematic approach designed to add value over indexing. Every day, we manage our strategies through a flexible process that allows us to consistently focus on reducing costs and controlling risks. We believe in sensible ideas that we can implement well. And we’re committed to continuing to enhance the investment solutions and services we provide to empower financial professionals.

On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

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		16
Disclosure of Fund Expenses		29
Disclosure of Portfolio Holdings		33
Schedules of Investments/Summary Schedules of Portfolio Holdings
Large Cap International Portfolio		35
International Core Equity Portfolio		39
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		59
International High Relative Profitability Portfolio		64
World ex U.S. Value Portfolio		68
World ex U.S. Core Equity Portfolio		69
World ex U.S. Targeted Value Portfolio		76
World Core Equity Portfolio		82
Selectively Hedged Global Equity Portfolio		83
Emerging Markets Portfolio		85
Emerging Markets Small Cap Portfolio		86
Emerging Markets Value Portfolio		87
Emerging Markets Core Equity Portfolio		88
Emerging Markets Targeted Value Portfolio		93
Emerging Markets ex China Core Equity Portfolio		97
Statements of Assets and Liabilities		102
Statements of Operations		108
Statements of Changes in Net Assets		114
Financial Highlights		122
Notes to Financial Statements		136
Report of Independent Registered Public Accounting Firm		166
Dimensional Investment Group Inc.
Performance Charts		168
Management’s Discussion and Analysis		169
Disclosure of Fund Expenses		172
Disclosure of Portfolio Holdings		174
Schedule of Investments
DFA International Value Portfolio		175
Statement of Assets and Liabilities		176
Statement of Operations		177
Statements of Changes in Net Assets		178
Financial Highlights		179
Notes to Financial Statements		181
Report of Independent Registered Public Accounting Firm		188
The DFA Investment Trust Company
Performance Charts		189

i

TABLE OF CONTENTS

CONTINUED

	Page
Management’s Discussion and Analysis		193
Disclosure of Fund Expenses		198
Disclosure of Portfolio Holdings		200
Summary Schedules of Portfolio Holdings
The DFA International Value Series		202
The Japanese Small Company Series		206
The Asia Pacific Small Company Series		209
The United Kingdom Small Company Series		211
The Continental Small Company Series		214
The Canadian Small Company Series		217
The Emerging Markets Series		220
The Emerging Markets Small Cap Series		225
Statements of Assets and Liabilities		230
Statements of Operations		232
Statements of Changes in Net Assets		234
Financial Highlights		237
Notes to Financial Statements		241
Report of Independent Registered Public Accounting Firm		254
Dimensional Emerging Markets Value Fund
Performance Charts		255
Management’s Discussion and Analysis		256
Disclosure of Fund Expenses		259
Disclosure of Portfolio Holdings		261
Summary Schedule of Portfolio Holdings
Dimensional Emerging Markets Value Fund		262
Statement of Assets and Liabilities		267
Statement of Operations		268
Statements of Changes in Net Assets		269
Financial Highlights		270
Notes to Financial Statements		271
Report of Independent Registered Public Accounting Firm		280
Fund Management		281
Board of Directors		283
Voting Proxies on Fund Portfolio Securities		293
Tax Notice to Shareholders		294

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

ii

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DIMENSIONAL EMERGING MARKETS VALUE FUND

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations
ADR	American Depositary Receipt
SA	Special Assessment
REIT	Real Estate Investment Trust
GDR	Global Depositary Receipt
AUD	Australian Dollars
CAD	Canadian Dollars
CHF	Swiss Franc
DKK	Danish Krone
EUR	Euro
GBP	British Pounds
HKD	Hong Kong Dollar
ILS	Israeli New Shekel
JPY	Japanese Yen
NOK	Norwegian Krone
NZD	New Zealand Dollars
SEK	Swedish Krona
SGD	Singapore Dollars
Investment Footnotes
»	Securities that have been fair value factored. See Note B to Financial Statements.
‡	Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. “Other Securities” are those securities that are not among the top 50 holdings in unaffiliated issuers of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities.
#	Total or Partial Securities on Loan.
†	See Note B to Financial Statements.
@	Security purchased with cash collateral received from Securities on Loan.
§	Affiliated Fund.
††	Security valued using significant unobservable inputs (Level 3).
*	Non-Income Producing Securities.
W	Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

1

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

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

2

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Large Cap International Portfolio vs.

MSCI World ex USA Index (net dividends)

October 31, 2012-October 31, 2022

International Core Equity Portfolio vs.

MSCI World ex USA Index (net dividends)

October 31, 2012-October 31, 2022

3

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, 2022

International Small Company Portfolio vs.

MSCI World ex USA Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

4

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Japanese Small Company Portfolio vs.

MSCI Japan Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

Asia Pacific Small Company Portfolio vs.

MSCI Pacific ex Japan Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

5

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

United Kingdom Small Company Portfolio vs.

MSCI United Kingdom Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

Continental Small Company Portfolio vs.

MSCI Europe ex UK Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

6

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, 2012-October 31, 2022

DFA Global Real Estate Securities Portfolio vs.

S&P Global REIT Index (net dividends)

October 31, 2012-October 31, 2022

7

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

DFA International Small Cap Value Portfolio vs.

MSCI World ex USA Small Cap Index (net dividends),

MSCI World ex USA Small Value Index (net dividends)

October 31, 2012-October 31, 2022

International Vector Equity Portfolio vs.

MSCI World ex USA Index (net dividends)

October 31, 2012-October 31, 2022

8

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, 2022

World Ex U.S. Value Portfolio vs.

MSCI All Country World ex USA Index (net dividends),

MSCI All Country World ex USA Value Index (net dividends)

October 31, 2012-October 31, 2022

9

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, 2022

World ex U.S. Targeted Value Portfolio vs.

MSCI All Country World ex USA Small Cap Index (net dividends),

MSCI All Country World ex USA SMID Value Index (net dividends)

November 1, 2012-October 31, 2022

10

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

World Core Equity Portfolio vs.

MSCI All Country World Index (net dividends)

October 31, 2012-October 31, 2022

Selectively Hedged Global Equity Portfolio vs.

MSCI All Country World Index (net dividends)

October 31, 2012-October 31, 2022

11

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets Portfolio vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2012-October 31, 2022

Emerging Markets Small Cap Portfolio vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2012-October 31, 2022

12

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets Value Portfolio — Institutional Class vs.

MSCI Emerging Markets Index (net dividends),

MSCI Emerging Markets Value Index (net dividends)

October 31, 2012-October 31, 2022

Emerging Markets Value Portfolio — Class R2 vs.

MSCI Emerging Markets Index (net dividends),

MSCI Emerging Markets Value Index (net dividends)

October 31, 2012-October 31, 2022

13

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets Core Equity Portfolio vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2012-October 31, 2022

Emerging Markets Targeted Value Portfolio vs.

MSCI Emerging Markets Index (net dividends)

November 14, 2018-October 31, 2022

14

DFA INVESTMENT DIMENSIONS GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

Emerging Markets ex China Core Equity Portfolio vs.

MSCI Emerging Markets ex China Index (net dividends)

November 15, 2021-October 31, 2022

15

MANAGEMENT’S DISCUSSION AND ANALYSIS

International Equity Market Review 12 Months Ended October 31, 2022

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

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI World ex USA Index		-22.04	%
MSCI World ex USA Mid Cap Index		-27.57	%
MSCI World ex USA Small Cap Index		-29.13	%
MSCI World ex USA Value Index		-15.27	%
MSCI World ex USA Growth Index		-28.78	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against all non-U.S. developed markets currencies. Overall, currency movements had a negative impact on the U.S. dollar-denominated returns of developed markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		-1.81	%		-24.67	%
United Kingdom		4.27	%		-12.42	%
Canada		-5.29	%		-13.94	%
France		-6.77	%		-20.38	%
Switzerland		-11.30	%		-19.01	%
Australia		-0.54	%		-15.30	%
Germany		-21.22	%		-32.72	%
Netherlands		-28.51	%		-38.71	%
Sweden		-16.17	%		-34.85	%
Denmark		-7.88	%		-21.38	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

Emerging markets had negative performance for the period and 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.

16

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI Emerging Markets Index		-31.03	%
MSCI Emerging Markets Mid Cap Index		-24.80	%
MSCI Emerging Markets Small Cap Index		-23.42	%
MSCI Emerging Markets Value Index		-25.21	%
MSCI Emerging Markets Growth Index		-36.11	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against most emerging markets currencies and depreciated against others. Overall, currency movements had a negative impact on the U.S. dollar denominated returns of emerging markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Emerging Markets by Market Cap Dollars	Local Return			Return in U.S.
China		-46.31	%		-47.90	%
India		2.93	%		-6.89	%
Taiwan		-24.11	%		-34.50	%
Korea		-19.88	%		-34.28	%
Brazil		15.95	%		24.57	%
Saudi Arabia		2.18	%		2.00	%
South Africa		0.77	%		-16.66	%
Mexico		1.99	%		5.56	%
Indonesia		16.58	%		5.89	%
Thailand		4.97	%		-8.48	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

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, 2022, these differences generally detracted from non-US developed markets Portfolios’ relative performance and were not material to emerging markets 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, 2022, the Portfolio held approximately 1,360 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

17

For the 12 months ended October 31, 2022, total returns were -21.12% for the Portfolio and -22.04% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. The Portfolio’s emphasis on lower relative price (value) stocks contributed positively to performance relative to the benchmark, as value stocks outperformed higher relative price (growth) stocks in developed ex U.S. markets.

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, 2022, the Portfolio held approximately 5,280 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, 2022, total returns were -22.29% for the Portfolio and -22.04% 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 benchmark. Conversely, the Portfolio’s inclusion of and emphasis on stocks with smaller market capitalizations detracted from performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks, as small caps underperformed large caps.

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, 2022, the Underlying Funds collectively held approximately 11,490 securities in 44 eligible developed and emerging markets.    

For the 12 months ended October 31, 2022, total returns were -16.32% for the Portfolio and -22.02% for the MSCI All Country World Small Cap Index (net dividends), the Portfolio’s benchmark. The Underlying Funds’ exclusion of stocks with the lowest profitability and highest relative price contributed positively to performance relative to the benchmark, as those stocks underperformed. The Underlying Funds’ exclusion of stocks with high asset growth also contributed positively to relative performance, 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, 2022, the Master Funds collectively held approximately 4,410 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

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For the 12 months ended October 31, 2022, total returns were -26.55% for the Portfolio and -29.13% 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 these stocks underperformed. The Master Funds’ exclusion of stocks with high asset growth also contributed positively to relative performance, as those stocks underperformed.

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, 2022, the Master Fund held approximately 1,750 securities. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2022, total returns were -23.79% for the Portfolio and -24.90% 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 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 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, 2022, the Master Fund held approximately 840 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, 2022, total returns were -26.90% for the Portfolio and -24.10% 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, detracted from performance relative to the benchmark, as larger stocks held by the benchmark outperformed.

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

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companies with high asset growth. The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2022, the Master Fund held approximately 310 securities. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

For the 12 months ended October 31, 2022, total returns were -33.62% for the Portfolio and -37.62% for the MSCI United Kingdom 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.

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, 2022, the Master Fund held approximately 1,170 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, 2022, total returns were -29.26% for the Portfolio and -34.51% for the MSCI Europe ex U.K. Small Cap Index (net dividends), the Portfolio’s benchmark. Differences in size definitions between the Master Fund and the benchmark led to weight differences between countries, which contributed positively to performance relative to the benchmark. The Master Fund’s exclusion of stocks with the lowest profitability and highest relative price also 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.

Global Real Estate Market Review 12 Months Ended October 31, 2022

Publicly traded global real estate investment trusts (REITs) had negative returns for the period. Global REITs underperformed U.S. equities, performed in line with developed non-U.S. equities, and outperformed emerging markets equities. The U.S. REIT market, the world’s largest, had negative performance for the period and outperformed non-U.S. REITs. Among non-U.S. REIT markets, Turkey, Mexico, and Italy were among the strongest performers, while Korea, Belgium, and the UK lagged. At the REIT industry level, specialized REITs and hotel and resort REITs generally outperformed, while office and industrial REITs generally underperformed.

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
Dow Jones U.S. Select REIT IndexSM		-19.97	%
S&P Global ex U.S. REIT Index		-27.78	%
S&P Global REIT Index		-22.02	%

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Source: Returns are of Standard and Poor’s (S&P) indices net of foreign withholding taxes on dividends. Copyright S&P, 2022. 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, 2022, these differences generally contributed positively to 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, 2022, the Portfolio held approximately 300 securities in 21 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, 2022, total returns were -27.50% for the Portfolio and -27.78% 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.

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, 2022, the Portfolio held, either directly or through the underlying portfolios, approximately 450 securities in 22 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, 2022, total returns were -22.34% for the Portfolio and -22.02% 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, 2022

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

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Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI World ex USA Index		-22.04	%
MSCI World ex USA Mid Cap Index		-27.57	%
MSCI World ex USA Small Cap Index		-29.13	%
MSCI World ex USA Value Index		-15.27	%
MSCI World ex USA Growth Index		-28.78	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against all non-U.S. developed markets currencies. Overall, currency movements had a negative impact on the U.S. dollar-denominated returns of developed markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		-1.81	%		-24.67	%
United Kingdom		4.27	%		-12.42	%
Canada		-5.29	%		-13.94	%
France		-6.77	%		-20.38	%
Switzerland		-11.30	%		-19.01	%
Australia		-0.54	%		-15.30	%
Germany		-21.22	%		-32.72	%
Netherlands		-28.51	%		-38.71	%
Sweden		-16.17	%		-34.85	%
Denmark		-7.88	%		-21.38	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

Emerging markets had negative performance for the period and 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.

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI Emerging Markets Index		-31.03	%
MSCI Emerging Markets Mid Cap Index		-24.80	%
MSCI Emerging Markets Small Cap Index		-23.42	%
MSCI Emerging Markets Value Index		-25.21	%
MSCI Emerging Markets Growth Index		-36.11	%

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For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against most emerging markets currencies and depreciated against others. Overall, currency movements had a negative impact on the U.S. dollar denominated returns of emerging markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Emerging Markets by Market Cap Dollars	Local Return			Return in U.S.
China		-46.31	%		-47.90	%
India		2.93	%		-6.89	%
Taiwan		-24.11	%		-34.50	%
Korea		-19.88	%		-34.28	%
Brazil		15.95	%		24.57	%
Saudi Arabia		2.18	%		2.00	%
South Africa		0.77	%		-16.66	%
Mexico		1.99	%		5.56	%
Indonesia		16.58	%		5.89	%
Thailand		4.97	%		-8.48	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

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, 2022, these differences generally detracted from non-US developed markets Portfolios’ relative performance and were not material to emerging markets Portfolios’ relative performance.

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, 2022, the Portfolio held approximately 2,010 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, 2022, total returns were -20.53% for the Portfolio, -23.26% for the MSCI World ex USA Small Value Index (net dividends), and -29.13% for the MSCI World ex USA Small Cap Index (net dividends). As of February 28, 2022, the Portfolio changed its benchmark from the MSCI World ex USA Small Cap Index (net dividends) to the MSCI World ex USA Small Value Index (net dividends) because this index better reflects the universe of securities in which the Portfolio invests. With low relative price (value) stocks outperforming high relative price (growth) stocks, the

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Portfolio’s focus on value stocks contributed positively to performance relative to the benchmarks. Additionally, the Portfolio’s emphasis on stocks with higher profitability contributed positively to performance relative to the benchmark, as these stocks outperformed. The Portfolio’s exclusion of real estate investment trusts (REITs) also contributed positively to relative performance, as REITs generally underperformed.

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, 2022, the Portfolio held approximately 4,970 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, 2022, total returns were -22.16% for the Portfolio and -22.04% 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 benchmark. Conversely, the Portfolio’s inclusion of and emphasis on stocks with smaller market capitalizations detracted from performance relative to the benchmark, which is composed primarily of large- and mid-cap stocks, as small cap stocks underperformed large cap stocks.

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, 2022, the Portfolio held approximately 520 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, 2022, total returns were -23.22% for the Portfolio and -22.04% for the MSCI World ex USA Index (net dividends), the Portfolio’s benchmark. The Portfolio’s emphasis on mid-cap stocks with high profitability detracted from performance relative to the benchmark, as mid-cap stocks generally underperformed large-cap stocks within high 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, 2022, the Portfolio, directly and through the Underlying Funds, held approximately 5,840 securities in 43 eligible developed ex U.S. and emerging markets.

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For the 12 months ended October 31, 2022, total returns were -16.23% for the Portfolio, -18.13% for the MSCI All Country World ex USA Value Index (net dividends), and -24.73% for the MSCI All Country World ex USA Index (net dividends). As of February 28, 2022, the Portfolio changed its benchmark from the MSCI All Country World ex USA Index (net dividends) to the MSCI All Country World ex USA Value Index (net dividends) because this index better reflects the universe of securities in which the Portfolio invests. The Underlying Funds’ focus on low relative price (value) stocks contributed positively to performance relative to the benchmarks, as value stocks outperformed high relative price (growth) stocks globally.

World ex U.S. Targeted Value Portfolio

The World ex U.S. Targeted Value Portfolio invests in small- and mid-cap value stocks in developed ex U.S. and emerging 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, 2022, the Portfolio held approximately 5,200 securities in 42 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, 2022, total returns were -21.77% for the Portfolio, -22.25% for the MSCI All Country World ex USA SMID Value Index (net dividends), and -27.75% for the MSCI All Country World ex USA Small Cap Index (net dividends). As of February 28, 2022, the Portfolio changed its benchmark from the MSCI All Country World ex USA Small Cap Index (net dividends) to the MSCI All Country World ex USA SMID Value Index (net dividends) because this index better reflects the universe of securities in which the Portfolio invests. With low relative price (value) stocks outperforming high relative price (growth) stocks in developed ex U.S. and emerging markets, the Portfolio’s focus on value stocks contributed positively to performance relative to the benchmarks.

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, 2022, the Portfolio held approximately 10,930 securities in 45 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, 2022, total returns were -22.55% for the Portfolio and -24.73% 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.

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

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Emerging Markets Core Equity Portfolio (collectively, the “Underlying Funds”). The investment strategy is process driven, emphasizing broad diversification. As of October 31, 2022, the Underlying Funds collectively held more than 14,760 equity securities in 46 eligible developed and emerging markets.

For the 12 months ended October 31, 2022, total returns were -16.62% for the Portfolio and -19.96% 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.

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, 2022, the Underlying Funds collectively held approximately 14,750 securities in 46 eligible developed and emerging markets.

For the 12 months ended October 31, 2022, total returns were -13.65% for the Portfolio and -19.96% 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. The Portfolio’s strategy of selectively hedging foreign currency exposure also 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, 2022, the Master Fund held approximately 1,880 securities in 23 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, 2022, total returns were -25.94% for the Portfolio and -31.03% 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. The Master Fund’s emphasis on stocks with higher profitability also contributed positively to performance relative to the benchmark, as these stocks generally outperformed. At the country level, the Master Fund’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

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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, 2022, the Master Fund held approximately 5,150 securities in 20 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, 2022, total returns were -22.57% for the Portfolio and -31.03% 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. At the country level, the Master Fund’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

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, 2022, the Master Fund held approximately 3,360 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, 2022, total returns were -19.74% for the Portfolio’s Class R2 shares, -19.51% for the Portfolio’s Institutional Class shares, -25.21% for the MSCI Emerging Markets Value Index (net dividends) and -31.03% for the MSCI Emerging Markets Index (net dividends). As of February 28, 2022, the Portfolio changed its benchmark from the MSCI Emerging Markets Index (net dividends) to the MSCI Emerging Markets Value Index (net dividends) because this index better reflects the universe of securities in which the Master Fund invests. The Master Fund’s focus on low relative price (value) stocks contributed positively to performance relative to the benchmarks, as value stocks outperformed high relative price (growth) stocks in emerging markets. At the country level, the Master Fund’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

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, 2022, the Portfolio held approximately 6,830 securities in 23 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

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For the 12 months ended October 31, 2022, total returns were -25.06% for the Portfolio and -31.03% 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, 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. At the country level, the Portfolio’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

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, 2022, the Portfolio held approximately 2,990 securities in 20 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, 2022, total returns were -21.40% for the Portfolio and -31.03% 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. With small-cap stocks outperforming large-cap stocks in emerging markets, 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. At the country level, the Portfolio’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

Emerging Markets ex China Core Equity Portfolio

The Emerging Markets ex China Core Equity Portfolio invests in a broadly diversified group of stocks in emerging markets, excluding China, 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, 2022, the Portfolio held approximately 3,870 securities in 22 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Portfolio’s assets.

From its inception on November 15, 2021, through October 31, 2022, total returns were -20.16% for the Portfolio and -23.63% for the MSCI Emerging Markets ex China 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 emerging markets. With small-cap stocks outperforming large-cap stocks in emerging markets, 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. At the country level, the Portfolio’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

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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, 2022
EXPENSE TABLES
	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Large Cap International Portfolio
Actual Fund Return	$	1,000.00	$	883.40		0.17	%	$	0.81
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.35		0.17	%	$	0.87
International Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	873.20		0.24	%	$	1.13
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.00		0.24	%	$	1.22

29

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Global Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	944.20		0.44	%	$	2.16
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.99		0.44	%	$	2.24
International Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	854.20		0.41	%	$	1.92
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.14		0.41	%	$	2.09
Japanese Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	925.20		0.42	%	$	2.04
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.09		0.42	%	$	2.14
Asia Pacific Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	803.60		0.42	%	$	1.91
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.09		0.42	%	$	2.14
United Kingdom Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	811.20		0.56	%	$	2.56
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.38		0.56	%	$	2.85
Continental Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	836.20		0.42	%	$	1.94
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.09		0.42	%	$	2.14
DFA International Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	786.00		0.27	%	$	1.22
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	$	805.60		0.24	%	$	1.09
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	$	862.50		0.46	%	$	2.16
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.89		0.46	%	$	2.35
International Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	871.50		0.36	%	$	1.70
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.39		0.36	%	$	1.84
International High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	875.00		0.30	%	$	1.42
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.69		0.30	%	$	1.53

30

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
World ex U.S. Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	877.40		0.40	%	$	1.89
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.19		0.40	%	$	2.04
World ex U.S. Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	857.90		0.30	%	$	1.40
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.69		0.30	%	$	1.53
World ex U.S. Targeted Value Portfolio
Actual Fund Return	$	1,000.00	$	854.90		0.52	%	$	2.43
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.58		0.52	%	$	2.65
World Core Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	920.90		0.27	%	$	1.31
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.84		0.27	%	$	1.38
Selectively Hedged Global Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	934.40		0.31	%	$	1.51
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.64		0.31	%	$	1.58
Emerging Markets Portfolio (3)
Actual Fund Return	$	1,000.00	$	817.60		0.36	%	$	1.65
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.39		0.36	%	$	1.84
Emerging Markets Small Cap Portfolio (3)
Actual Fund Return	$	1,000.00	$	844.50		0.59	%	$	2.74
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.23		0.59	%	$	3.01
Emerging Markets Value Portfolio (3)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	835.30		0.69	%	$	3.19
Institutional Class Shares	$	1,000.00	$	836.50		0.45	%	$	2.08
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.73		0.69	%	$	3.52
Institutional Class Shares	$	1,000.00	$	1,022.94		0.45	%	$	2.29
Emerging Markets Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	822.20		0.40	%	$	1.84
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.19		0.40	%	$	2.04
Emerging Markets Targeted Value Portfolio
Actual Fund Return	$	1,000.00	$	836.90		0.66	%	$	3.06
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.88		0.66	%	$	3.36

31

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Emerging Markets ex China Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	853.00		0.43	%	$	2.01
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.04		0.43	%	$	2.19

(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.

(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).

32

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 28, 2022. 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	%

33

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

INTERNATIONAL EQUITY PORTFOLIOS

Large Cap International Portfolio
Communication Services	5.4	%
Consumer Discretionary	11.0	%
Consumer Staples	9.4	%
Energy	7.9	%
Financials	17.9	%
Health Care	10.4	%
Industrials	15.8	%
Information Technology	6.9	%
Materials	10.4	%
Real Estate	1.5	%
Utilities	3.4	%
	100.0	%

DFA Global Real Estate Securities Portfolio
Affiliated Investment Companies	38.8	%
Real Estate	61.2	%
	100.0	%

International High Relative Profitability Portfolio
Communication Services	7.8	%
Consumer Discretionary	13.7	%
Consumer Staples	10.7	%
Energy	8.0	%
Financials	4.9	%
Health Care	13.4	%
Industrials	17.8	%
Information Technology	9.9	%
Materials	11.4	%
Real Estate	0.4	%
Utilities	2.0	%
	100.0	%

Emerging Markets Core Equity Portfolio
Communication Services	6.6	%
Consumer Discretionary	10.5	%
Consumer Staples	6.6	%
Energy	5.7	%
Financials	17.5	%
Health Care	4.7	%
Industrials	9.6	%
Information Technology	19.1	%
Materials	13.1	%
Real Estate	3.0	%
Utilities	3.6	%
	100.0	%

International Core Equity Portfolio
Communication Services	5.3	%
Consumer Discretionary	12.0	%
Consumer Staples	7.7	%
Energy	8.6	%
Financials	16.4	%
Health Care	7.3	%
Industrials	18.3	%
Information Technology	6.7	%
Materials	12.4	%
Real Estate	2.1	%
Utilities	3.2	%
	100.0	%

DFA International Small Cap Value Portfolio
Communication Services	2.6	%
Consumer Discretionary	11.2	%
Consumer Staples	4.9	%
Energy	11.2	%
Financials	21.2	%
Health Care	2.4	%
Industrials	20.6	%
Information Technology	4.1	%
Materials	17.0	%
Real Estate	3.6	%
Utilities	1.2	%
	100.0	%

World ex U.S. Core Equity Portfolio
Communication Services	5.4	%
Consumer Discretionary	11.5	%
Consumer Staples	7.2	%
Energy	7.6	%
Financials	16.7	%
Health Care	6.8	%
Industrials	15.6	%
Information Technology	10.4	%
Materials	12.8	%
Real Estate	2.6	%
Utilities	3.4	%
	100.0	%

Emerging Markets Targeted Value Portfolio
Communication Services	3.5	%
Consumer Discretionary	11.4	%
Consumer Staples	5.3	%
Energy	3.6	%
Financials	16.9	%
Health Care	6.3	%
Industrials	15.1	%
Information Technology	12.9	%
Materials	16.0	%
Real Estate	6.3	%
Utilities	2.7	%
	100.0	%

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

International Vector Equity Portfolio
Communication Services	4.8	%
Consumer Discretionary	11.3	%
Consumer Staples	6.9	%
Energy	8.5	%
Financials	19.8	%
Health Care	5.4	%
Industrials	18.9	%
Information Technology	6.2	%
Materials	13.6	%
Real Estate	2.3	%
Utilities	2.3	%
	100.0	%

World ex U.S. Targeted Value Portfolio
Communication Services	3.7	%
Consumer Discretionary	11.1	%
Consumer Staples	5.4	%
Energy	7.1	%
Financials	17.6	%
Health Care	4.3	%
Industrials	20.1	%
Information Technology	6.8	%
Materials	17.7	%
Real Estate	4.4	%
Utilities	1.8	%
	100.0	%

Emerging Markets ex China Core Equity Portfolio
Communication Services	5.1	%
Consumer Discretionary	8.4	%
Consumer Staples	6.6	%
Energy	6.0	%
Financials	18.6	%
Health Care	4.2	%
Industrials	9.6	%
Information Technology	22.2	%
Materials	14.3	%
Real Estate	2.1	%
Utilities	2.9	%
	100.0	%

34

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.7%)
AUSTRALIA — (6.9%)
	BHP Group Ltd.		697,375	$	16,751,089		0.4	%
#	BHP Group Ltd., Sponsored ADR		298,208		14,260,307		0.3	%
	Commonwealth Bank of Australia		355,286		23,820,770		0.5	%
	CSL Ltd.		128,582		23,018,159		0.5	%
	National Australia Bank Ltd.		811,247		16,851,257		0.4	%
	Other Securities				247,757,155		5.0	%
TOTAL AUSTRALIA					342,458,737		7.1	%
AUSTRIA — (0.2%)
	Other Securities				7,945,485		0.2	%
BELGIUM — (0.9%)
	Other Securities				44,594,579		0.9	%
CANADA — (11.5%)
	Bank of Montreal		161,778		14,896,518		0.3	%
	Canadian Natural Resources Ltd.		352,595		21,134,544		0.4	%
	Nutrien Ltd.		182,823		15,448,511		0.3	%
#	Royal Bank of Canada		247,435		22,893,663		0.5	%
	Royal Bank of Canada		206,240		19,071,013		0.4	%
	Suncor Energy, Inc.		535,689		18,422,345		0.4	%
	Toronto-Dominion Bank		286,785		18,351,372		0.4	%
	Other Securities				441,108,151		9.2	%
TOTAL CANADA					571,326,117		11.9	%
CHINA — (0.0%)
	Other Securities				2,214,534		0.0	%
DENMARK — (2.3%)
	Novo Nordisk AS, Class B		461,515		50,181,103		1.0	%
	Novo Nordisk AS, Sponsored ADR		45,587		4,961,689		0.1	%
	Other Securities				58,458,479		1.3	%
TOTAL DENMARK					113,601,271		2.4	%
FINLAND — (1.2%)
	Other Securities				59,105,619		1.2	%
FRANCE — (9.1%)
	Air Liquide SA		117,776		15,406,713		0.3	%
	Airbus SE		172,375		18,651,615		0.4	%
	L’Oreal SA		51,814		16,269,812		0.3	%
	LVMH Moet Hennessy Louis Vuitton SE		80,391		50,726,285		1.1	%
	Sanofi		213,213		18,348,641		0.4	%
	Schneider Electric SE		117,513		14,860,260		0.3	%
	TotalEnergies SE		869,523		47,435,393		1.0	%
	TotalEnergies SE, Sponsored ADR		18,895		1,034,879		0.0	%
	Vinci SA		167,106		15,379,926		0.3	%
	Other Securities				255,834,438		5.3	%
TOTAL FRANCE					453,947,962		9.4	%
GERMANY — (6.3%)
	BASF SE		325,963		14,626,168		0.3	%

35

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
Bayer AG		332,314	$	17,473,412		0.4	%
Deutsche Telekom AG		1,271,712		24,004,181		0.5	%
Mercedes-Benz Group AG		320,152		18,530,894		0.4	%
SAP SE		198,474		19,103,671		0.4	%
Siemens AG		159,085		17,373,507		0.4	%
Other Securities				200,252,255		4.1	%
TOTAL GERMANY				311,364,088		6.5	%
HONG KONG — (1.9%)
AIA Group Ltd.		3,249,000		24,610,493		0.5	%
Other Securities				68,407,931		1.4	%
TOTAL HONG KONG				93,018,424		1.9	%
IRELAND — (0.7%)
#   CRH PLC, Sponsored ADR		391,067		14,160,536		0.3	%
Other Securities				21,979,488		0.5	%
TOTAL IRELAND				36,140,024		0.8	%
ISRAEL — (0.8%)
Other Securities				40,665,737		0.8	%
ITALY — (2.0%)
Other Securities				102,080,542		2.1	%
JAPAN — (19.8%)
KDDI Corp.		584,600		17,279,005		0.4	%
Keyence Corp.		41,604		15,687,414		0.3	%
Sony Group Corp.		367,700		24,795,715		0.5	%
Toyota Motor Corp.		2,420,615		33,585,063		0.7	%
Other Securities				897,341,143		18.6	%
TOTAL JAPAN				988,688,340		20.5	%
NETHERLANDS — (3.4%)
ASML Holding NV		30,871		14,481,052		0.3	%
ASML Holding NV		82,305		38,882,528		0.8	%
Other Securities				117,764,759		2.5	%
TOTAL NETHERLANDS				171,128,339		3.6	%
NEW ZEALAND — (0.3%)
Other Securities				17,028,804		0.4	%
NORWAY — (0.9%)
Other Securities				43,483,751		0.9	%
PORTUGAL — (0.2%)
Other Securities				11,374,446		0.2	%
SINGAPORE — (1.1%)
Other Securities				52,708,342		1.1	%
SPAIN — (2.0%)
Other Securities				97,372,177		2.0	%

36

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SWEDEN — (2.6%)
Other Securities			$	129,986,054		2.7	%
SWITZERLAND — (7.8%)
ABB Ltd.		562,377		15,617,377		0.3	%
Nestle SA		671,534		73,102,387		1.5	%
Novartis AG		362,502		29,323,044		0.6	%
Novartis AG, Sponsored ADR		229,302		18,603,271		0.4	%
Roche Holding AG		7,438		3,019,010		0.1	%
Roche Holding AG		205,381		68,145,030		1.4	%
Other Securities				180,492,430		3.8	%
TOTAL SWITZERLAND				388,302,549		8.1	%
UNITED KINGDOM — (12.8%)
AstraZeneca PLC		126,555		14,848,966		0.3	%
AstraZeneca PLC, Sponsored ADR		326,058		19,175,471		0.4	%
#   BP PLC, Sponsored ADR		637,244		21,207,497		0.4	%
British American Tobacco PLC		446,549		17,635,759		0.4	%
#   Diageo PLC, Sponsored ADR		105,239		17,571,756		0.4	%
Glencore PLC		3,343,533		19,168,702		0.4	%
#   HSBC Holdings PLC, Sponsored ADR		551,216		14,282,007		0.3	%
#   Rio Tinto PLC, Sponsored ADR		267,962		14,295,773		0.3	%
Shell PLC		36,838		1,020,458		0.0	%
Shell PLC, Sponsored ADR		1,101,940		61,300,922		1.3	%
#   Unilever PLC, Sponsored ADR		406,480		18,498,905		0.4	%
Other Securities				418,796,480		8.6	%
TOTAL UNITED KINGDOM				637,802,696		13.2	%
TOTAL COMMON STOCKS				4,716,338,617		97.9	%
PREFERRED STOCKS — (0.4%)
GERMANY — (0.4%)
Other Securities				20,314,109		0.4	%
TOTAL INVESTMENT SECURITIES (Cost $4,069,491,698)				4,736,652,726
			Value†
SECURITIES LENDING COLLATERAL — (4.9%)
@§ The DFA Short Term Investment Fund		21,285,432		246,080,882		5.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $4,315,666,744)			$	4,982,733,608		103.4	%

As of October 31, 2022, 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		263		12/16/22	$	49,629,745	$	51,061,450	$	1,431,705
Total Futures Contracts					$	49,629,745	$	51,061,450	$	1,431,705

37

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	20,281,436	$	322,177,301		—	$	342,458,737
Austria		—		7,945,485		—		7,945,485
Belgium		77,586		44,516,993		—		44,594,579
Canada		569,256,168		2,069,949		—		571,326,117
China		—		2,214,534		—		2,214,534
Denmark		4,961,689		108,639,582		—		113,601,271
Finland		—		59,105,619		—		59,105,619
France		2,677,737		451,270,225		—		453,947,962
Germany		11,627,562		299,736,526		—		311,364,088
Hong Kong		—		93,018,424		—		93,018,424
Irelan.		14,160,536		21,979,488		—		36,140,024
Israel		5,425,139		35,240,598		—		40,665,737
Italy		1,693,915		100,386,627		—		102,080,542
Japan		15,920,714		972,767,626		—		988,688,340
Netherlands		49,620,924		121,507,415		—		171,128,339
New Zealand		—		17,028,804		—		17,028,804
Norway		402,750		43,081,001		—		43,483,751
Portugal		—		11,374,446		—		11,374,446
Singapore		—		52,708,342		—		52,708,342
Spain		4,019,628		93,352,549		—		97,372,177
Sweden		—		129,986,054		—		129,986,054
Switzerland		43,020,945		345,281,604		—		388,302,549
United Kingdom		204,305,909		433,496,787		—		637,802,696
Preferred Stocks
Germany		—		20,314,109		—		20,314,109
Securities Lending Collateral		—		246,080,882		—		246,080,882
Futures Contracts**		1,431,705		—		—		1,431,705
TOTAL	$	948,884,343	$	4,035,280,970		—	$	4,984,165,313

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

See accompanying Notes to Financial Statements.

38

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.1%)
AUSTRALIA — (6.6%)
BHP Group Ltd.		4,074,214	$	97,863,449		0.4	%
#   BHP Group Ltd., Sponsored ADR		1,283,423		61,373,288		0.2	%
Commonwealth Bank of Australia		931,529		62,455,985		0.3	%
National Australia Bank Ltd.		2,773,071		57,602,348		0.2	%
Woodside Energy Group Ltd.		2,416,669		55,869,636		0.2	%
Other Securities				1,456,544,194		5.5	%
TOTAL AUSTRALIA				1,791,708,900		6.8	%
AUSTRIA — (0.5%)
Other Securities				135,307,750		0.5	%
BELGIUM — (1.2%)
Other Securities				321,830,389		1.2	%
CANADA — (11.6%)
#   Bank of Montreal		973,887		89,675,515		0.4	%
#   Canadian Natural Resources Ltd.		2,454,221		147,106,007		0.6	%
National Bank of Canada		884,154		60,200,481		0.2	%
Nutrien Ltd.		694,495		58,684,861		0.2	%
#   Royal Bank of Canada		725,121		67,091,057		0.3	%
#   Royal Bank of Canada		1,213,029		112,168,792		0.4	%
Suncor Energy, Inc.		2,892,169		99,461,692		0.4	%
Tourmaline Oil Corp.		1,205,985		67,949,799		0.3	%
Other Securities				2,469,900,469		9.3	%
TOTAL CANADA				3,172,238,673		12.1	%
CHINA — (0.1%)
Other Securities				20,817,651		0.1	%
DENMARK — (2.1%)
Novo Nordisk AS, Class B		891,477		96,931,408		0.4	%
Novo Nordisk AS, Sponsored ADR		595,283		64,790,602		0.3	%
Other Securities				420,688,017		1.5	%
TOTAL DENMARK				582,410,027		2.2	%
FINLAND — (1.5%)
Other Securities				411,217,134		1.6	%
FRANCE — (7.4%)
LVMH Moet Hennessy Louis Vuitton SE		248,440		156,764,294		0.6	%
Orange SA		7,384,067		70,354,742		0.3	%
#   TotalEnergies SE		4,096,102		223,456,089		0.9	%
Vinci SA		723,766		66,613,213		0.3	%
Other Securities				1,516,041,641		5.7	%
TOTAL FRANCE				2,033,229,979		7.8	%
GERMANY — (5.9%)
BASF SE		1,423,690		63,881,877		0.3	%
Bayer AG		1,509,264		79,358,652		0.3	%
Deutsche Telekom AG		6,078,458		114,733,846		0.5	%
E.ON SE		7,301,301		61,140,973		0.2	%
Mercedes-Benz Group AG		1,688,994		97,761,591		0.4	%

39

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
Other Securities			$	1,201,288,079		4.5	%
TOTAL GERMANY				1,618,165,018		6.2	%
HONG KONG — (1.9%)
AIA Group Ltd.		11,640,800		88,176,618		0.4	%
Other Securities				420,768,433		1.6	%
TOTAL HONG KONG				508,945,051		2.0	%
IRELAND — (0.7%)
Other Securities				193,150,611		0.7	%
ISRAEL — (1.1%)
Other Securities				290,161,312		1.1	%
ITALY — (2.5%)
Eni SpA		4,317,248		56,701,518		0.2	%
Stellantis NV		6,495,733		87,637,612		0.4	%
Other Securities				527,984,980		2.0	%
TOTAL ITALY				672,324,110		2.6	%
JAPAN — (20.8%)
Hitachi Ltd.		1,314,685		59,652,266		0.3	%
KDDI Corp.		2,362,200		69,819,474		0.3	%
Sony Group Corp.		1,141,000		76,942,917		0.3	%
Toyota Motor Corp.		7,546,470		104,704,247		0.4	%
Other Securities				5,381,293,266		20.4	%
TOTAL JAPAN				5,692,412,170		21.7	%
NETHERLANDS — (3.0%)
#   ASML Holding NV		127,591		59,851,227		0.2	%
ASML Holding NV		182,526		86,228,933		0.3	%
Koninklijke Ahold Delhaize NV		3,020,738		84,243,143		0.3	%
Wolters Kluwer NV		586,422		62,312,331		0.2	%
Other Securities				531,890,773		2.2	%
TOTAL NETHERLANDS				824,526,407		3.2	%
NEW ZEALAND — (0.4%)
Other Securities				107,098,777		0.4	%
NORWAY — (1.0%)
Equinor ASA		1,582,273		57,648,090		0.2	%
Other Securities				209,839,801		0.8	%
TOTAL NORWAY				267,487,891		1.0	%
PORTUGAL — (0.3%)
Other Securities				77,992,012		0.3	%
SINGAPORE — (1.0%)
Other Securities				267,458,374		1.0	%
SPAIN — (2.0%)
Repsol SA		4,909,248		66,787,692		0.3	%
Telefonica SA		15,552,229		53,611,548		0.2	%

40

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	439,132,304		1.6	%
TOTAL SPAIN				559,531,544		2.1	%
SWEDEN — (2.6%)
Other Securities				720,851,653		2.8	%
SWITZERLAND — (7.3%)
#   ABB Ltd.		3,085,634		85,688,979		0.3	%
Nestle SA		1,728,150		188,124,338		0.7	%
Novartis AG, Sponsored ADR		2,012,205		163,250,192		0.6	%
Roche Holding AG		634,350		210,476,138		0.8	%
Other Securities				1,350,704,803		5.2	%
TOTAL SWITZERLAND				1,998,244,450		7.6	%
UNITED KINGDOM — (12.6%)
Anglo American PLC		2,478,239		74,233,667		0.3	%
BP PLC		11,071,577		61,254,620		0.2	%
#   BP PLC, Sponsored ADR		3,594,991		119,641,300		0.5	%
Glencore PLC		17,549,994		100,615,323		0.4	%
#   HSBC Holdings PLC, Sponsored ADR		3,036,261		78,669,523		0.3	%
Imperial Brands PLC		2,613,500		63,662,426		0.3	%
#   Rio Tinto PLC, Sponsored ADR		1,258,607		67,146,683		0.3	%
Shell PLC, Sponsored ADR		3,855,807		214,498,543		0.8	%
Other Securities				2,650,012,641		10.0	%
TOTAL UNITED KINGDOM				3,429,734,726		13.1	%
UNITED STATES — (0.0%)
Other Securities				8,564,035		0.0	%
TOTAL COMMON STOCKS				25,705,408,644		98.1	%
PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
Other Securities				124,130,155		0.5	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities				2,288		0.0	%
HONG KONG — (0.0%)
Other Security				1,200		0.0	%
TOTAL RIGHTS/WARRANTS				3,488		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $25,579,746,667)				25,829,542,287
			Value†
SECURITIES LENDING COLLATERAL — (5.4%)
@§ The DFA Short Term Investment Fund		127,723,864		1,476,615,596		5.6	%
TOTAL INVESTMENTS—(100.0%) (Cost $27,056,971,072)			$	27,306,157,883		104.2	%

41

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

As of October 31, 2022, 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		1,254		12/16/22		$237,568,175		$243,464,100		$5,895,925
Total Futures Contracts						$237,568,175		$243,464,100		$5,895,925

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	93,576,689	$	1,698,129,372	$	2,839	$	1,791,708,900
Austria		485,980		134,821,770		—		135,307,750
Belgium		11,946,108		309,884,281		—		321,830,389
Canada		3,163,854,986		8,383,687		—		3,172,238,673
China		6,136,434		14,681,217		—		20,817,651
Denmark		64,790,602		517,619,425		—		582,410,027
Finland		11,027,487		400,189,647		—		411,217,134
France		26,286,560		2,006,921,075		22,344		2,033,229,979
Germany		38,273,094		1,579,891,924		—		1,618,165,018
Hong Kong		260,405		508,113,962		570,684		508,945,051
Ireland		43,399,387		149,751,224		—		193,150,611
Israel		23,848,066		266,313,246		—		290,161,312
Italy		7,092,442		665,231,668		—		672,324,110
Japan		99,590,987		5,592,821,183		—		5,692,412,170
Netherlands		141,851,447		682,674,960		—		824,526,407
New Zealand		242,879		106,855,898		—		107,098,777
Norway		5,642,396		261,845,495		—		267,487,891
Portugal		314,475		77,677,537		—		77,992,012
Singapore		40,661		267,245,237		172,476		267,458,374
Spain		7,924,954		551,606,590		—		559,531,544
Sweden		1,816,871		719,034,782		—		720,851,653
Switzerland		219,863,426		1,778,381,024		—		1,998,244,450
United Kingdom		740,200,484		2,689,491,454		42,788		3,429,734,726
United States		4,643,735		3,920,300		—		8,564,035
Preferred Stocks
Germany		—		124,130,155		—		124,130,155
Rights/Warrants
Australia		—		2,288		—		2,288
Hong Kong		—		1,200		—		1,200
Securities Lending Collateral		—		1,476,615,596		—		1,476,615,596
Futures Contracts**		5,895,925		—		—		5,895,925
TOTAL		$ 4,719,006,480		$ 22,592,236,197		$ 811,131^		$ 27,312,053,808

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

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

See accompanying Notes to Financial Statements.

42

GLOBAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Small Cap Portfolio of DFA Investment Dimensions Group Inc.		1,253,645	$	51,474,667
Investment in The Continental Small Company Series of The DFA Investment Trust Company				9,029,892
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company				8,941,424
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				5,401,958
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				2,954,230
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				2,762,973
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				2,315,196
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $79,349,948)			$	82,880,340

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	82,880,340		—		—	$	82,880,340
TOTAL	$	82,880,340		—		—	$	82,880,340

See accompanying Notes to Financial Statements.

43

INTERNATIONAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

			Value†
AFFILIATED INVESTMENT COMPANIES — (99.3%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company			$	3,721,052,938
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				2,247,239,833
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				1,173,860,681
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				1,146,678,426
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				961,398,453
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES			$	9,250,230,331
	Shares
TEMPORARY CASH INVESTMENTS — (0.7%)
State Street Institutional U.S. Government Money Market Fund, 3.010% (Cost $60,673,803)		60,673,803		60,673,803
TOTAL INVESTMENTS — (100.0%) (Cost $10,083,101,056)			$	9,310,904,134

As of October 31, 2022, 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		282		12/16/22	$	52,337,807	$	54,750,300	$	2,412,493
Total Futures Contracts					$	52,337,807	$	54,750,300	$	2,412,493

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	9,250,230,331		—		—	$	9,250,230,331
Temporary Cash Investments		60,673,803		—		—		60,673,803
Futures Contracts**		2,412,493		—		—		2,412,493
TOTAL	$	9,313,316,627		—		—	$	9,313,316,627

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

See accompanying Notes to Financial Statements.

44

JAPANESE SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Japanese Small Company Series of The DFA Investment Trust Company	$	267,616,503
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	267,616,503

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

45

ASIA PACIFIC SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company	$	230,258,109
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	230,258,109

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

46

UNITED KINGDOM SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company	$	18,405,761
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	18,405,761

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

47

CONTINENTAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	616,480,091
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	616,480,091

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

48

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.4%)
AUSTRALIA — (19.3%)
	Charter Hall Group		5,556,846	$	46,126,501		1.0	%
	Dexus		12,663,151		63,101,769		1.4	%
	Goodman Group		19,802,843		215,468,888		4.8	%
	GPT Group		22,010,883		60,828,518		1.4	%
††	GPT Group		38,018,670		114,298		0.0	%
	Mirvac Group		45,916,507		60,837,775		1.4	%
	Scentre Group		60,755,944		113,068,070		2.5	%
	Stockland		27,777,850		64,002,904		1.4	%
	Vicinity Ltd.		44,636,710		55,646,940		1.3	%
	Other Securities				215,658,507		4.9	%
TOTAL AUSTRALIA					894,854,170		20.1	%
BELGIUM — (3.1%)
	Aedifica SA		421,895		32,174,865		0.7	%
#	Cofinimmo SA		360,138		29,868,198		0.7	%
	Warehouses De Pauw CVA		1,692,699		43,444,676		1.0	%
	Other Securities				38,958,763		0.9	%
TOTAL BELGIUM					144,446,502		3.3	%
CANADA — (5.5%)
#	Canadian Apartment Properties REIT		956,292		29,614,974		0.7	%
#	RioCan Real Estate Investment Trust		1,707,034		24,320,865		0.5	%
	Other Securities				201,601,360		4.5	%
TOTAL CANADA					255,537,199		5.7	%
CHINA — (0.1%)
	Other Securities				5,936,930		0.1	%
FRANCE — (3.6%)
	Covivio		563,975		30,196,121		0.7	%
	Gecina SA		512,893		45,726,482		1.0	%
	Klepierre SA		2,407,296		48,382,433		1.1	%
	Other Securities				43,851,844		1.0	%
TOTAL FRANCE					168,156,880		3.8	%
GERMANY — (0.2%)
	Other Security				8,314,393		0.2	%
HONG KONG — (3.7%)
	Link REIT		24,349,827		143,922,397		3.2	%
	Other Securities				27,041,684		0.6	%
TOTAL HONG KONG					170,964,081		3.8	%
IRELAND — (0.1%)
	Other Security				5,939,219		0.1	%
ITALY — (0.1%)
	Other Security				2,378,527		0.1	%
JAPAN — (25.6%)
	Activia Properties, Inc.		8,378		24,816,095		0.6	%

49

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
JAPAN — (Continued)
	Advance Residence Investment Corp.		15,568	$	36,244,836		0.8	%
	Daiwa House REIT Investment Corp.		26,015		52,505,949		1.2	%
	GLP J-Reit		51,948		53,874,350		1.2	%
	Japan Hotel REIT Investment Corp.		52,856		27,847,536		0.6	%
	Japan Metropolitan Fund Invest		83,690		61,656,874		1.4	%
	Japan Prime Realty Investment Corp.		10,123		27,492,493		0.6	%
	Japan Real Estate Investment Corp.		14,931		62,565,179		1.4	%
	Nippon Building Fund, Inc.		18,583		82,605,957		1.9	%
	Nippon Prologis REIT, Inc.		25,579		53,672,217		1.2	%
	Nomura Real Estate Master Fund, Inc.		49,895		56,921,787		1.3	%
	Orix JREIT, Inc.		30,668		41,144,686		0.9	%
#	Sekisui House Reit, Inc.		50,622		27,277,248		0.6	%
	United Urban Investment Corp.		35,634		37,701,753		0.8	%
	Other Securities				540,290,191		12.2	%
TOTAL JAPAN					1,186,617,151		26.7	%
MALAYSIA — (0.5%)
	Other Securities				22,357,021		0.5	%
MEXICO — (2.0%)
	Fibra Uno Administracion SA de CV		33,891,372		39,565,307		0.9	%
	Other Securities				52,585,411		1.2	%
TOTAL MEXICO					92,150,718		2.1	%
NETHERLANDS — (2.2%)
#*	Unibail-Rodamco-Westfield		6,534,333		15,361,581		0.4	%
*	Unibail-Rodamco-Westfield		1,143,546		54,043,496		1.2	%
	Other Securities				30,875,241		0.7	%
TOTAL NETHERLANDS					100,280,318		2.3	%
NEW ZEALAND — (1.3%)
	Other Securities				58,283,644		1.3	%
SINGAPORE — (10.2%)
#	CapitaLand Ascendas REIT		40,054,380		74,108,243		1.7	%
	CapitaLand Integrated Commercial Trust		60,346,311		80,088,840		1.8	%
	Frasers Logistics & Commercial Trust		32,823,633		25,510,033		0.6	%
	Mapletree Industrial Trust		22,971,658		35,719,257		0.8	%
#	Mapletree Logistics Trust		38,481,647		41,301,170		0.9	%
	Mapletree Pan Asia Commercial Trust		25,357,006		28,455,859		0.6	%
	Other Securities				187,574,331		4.2	%
TOTAL SINGAPORE					472,757,733		10.6	%
SOUTH AFRICA — (1.9%)
#	Growthpoint Properties Ltd.		39,459,664		27,826,389		0.6	%
	Other Securities				60,278,017		1.4	%
TOTAL SOUTH AFRICA					88,104,406		2.0	%
SOUTH KOREA — (0.2%)
	Other Securities				10,133,289		0.2	%
SPAIN — (1.2%)
	Merlin Properties Socimi SA		3,784,812		32,082,241		0.7	%

50

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	22,364,456		0.5	%
TOTAL SPAIN				54,446,697		1.2	%
TAIWAN — (0.3%)
Other Securities				14,548,960		0.3	%
TURKEY — (0.4%)
Other Securities				19,393,016		0.4	%
UNITED KINGDOM — (12.9%)
Big Yellow Group PLC		2,268,487		29,189,892		0.7	%
British Land Co. PLC		11,252,563		47,203,244		1.1	%
Derwent London PLC		1,239,724		30,682,288		0.7	%
Land Securities Group PLC		8,760,590		57,284,485		1.3	%
LondonMetric Property PLC		12,296,949		26,369,879		0.6	%
Safestore Holdings PLC		2,769,829		28,696,480		0.6	%
Segro PLC		15,068,209		135,613,869		3.1	%
Tritax Big Box REIT PLC		23,378,269		37,590,912		0.8	%
UNITE Group PLC		4,193,305		42,834,393		1.0	%
Other Securities				164,025,697		3.6	%
TOTAL UNITED KINGDOM				599,491,139		13.5	%
TOTAL COMMON STOCKS (Cost $5,316,255,361)				4,375,091,993		98.3	%
			Value†
SECURITIES LENDING COLLATERAL — (5.6%)
@§ The DFA Short Term Investment Fund		22,487,650		259,979,719		5.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $5,576,312,168)			$	4,635,071,712		104.1	%

As of October 31, 2022, 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		213		12/16/22	$	39,773,173	$	41,353,950	$	1,580,777
Total Futures Contracts					$	39,773,173	$	41,353,950	$	1,580,777

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	264,342	$	894,475,530	$	114,298	$	894,854,170
Belgium		—		144,446,502		—		144,446,502
Canada		255,537,199		—		—		255,537,199
China		—		5,936,930		—		5,936,930

51

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
France		—	$	168,156,880		—		$	168,156,880
Germany		—		8,314,393		—			8,314,393
Hong Kong		—		170,964,081		—			170,964,081
Ireland		—		5,939,219		—			5,939,219
Italy		—		2,378,527		—			2,378,527
Japan		—		1,186,617,151		—			1,186,617,151
Malaysia		—		22,357,021		—			22,357,021
Mexico	$	92,150,718		—		—			92,150,718
Netherlands		—		100,280,318		—			100,280,318
New Zealand		—		58,283,644		—			58,283,644
Singapore		—		472,757,733		—			472,757,733
South Africa		—		88,104,406		—			88,104,406
South Korea		—		10,133,289		—			10,133,289
Spain		—		54,446,697		—			54,446,697
Taiwan		—		14,548,960		—			14,548,960
Turkey		—		19,393,016		—			19,393,016
United Kingdom		—		599,491,139		—			599,491,139
Securities Lending Collateral		—		259,979,719		—			259,979,719
Futures Contracts**		1,580,777		—		—			1,580,777
TOTAL.	$	349,533,036	$	4,287,005,155	$	114,298	^	$	4,636,652,489

** 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.

52

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (59.7%)
UNITED STATES — (59.7%)
#	Alexandria Real Estate Equities, Inc.		647,118	$	94,026,245		1.2	%
#	American Homes 4 Rent, Class A		1,320,901		42,189,591		0.5	%
	American Tower Corp.		1,939,983		401,945,078		5.1	%
	Apartment Income REIT Corp.		693,847		26,664,542		0.3	%
	AvalonBay Communities, Inc.		595,358		104,259,093		1.3	%
	Boston Properties, Inc.		625,689		45,487,590		0.6	%
	Brixmor Property Group, Inc.		1,329,571		28,333,158		0.4	%
	Camden Property Trust		442,654		51,148,670		0.7	%
	Crown Castle, Inc.		1,840,638		245,283,420		3.1	%
#	CubeSmart		917,306		38,407,602		0.5	%
	Digital Realty Trust, Inc.		1,197,763		120,075,721		1.5	%
	EastGroup Properties, Inc.		172,932		27,096,715		0.3	%
	Equinix, Inc.		386,875		219,141,475		2.8	%
	Equity LifeStyle Properties, Inc.		734,982		47,009,449		0.6	%
	Equity Residential		1,579,900		99,565,298		1.3	%
	Essex Property Trust, Inc.		277,372		61,643,153		0.8	%
	Extra Space Storage, Inc.		569,724		101,091,827		1.3	%
#	Federal Realty Investment Trust		317,280		31,404,374		0.4	%
	First Industrial Realty Trust, Inc.		583,397		27,787,199		0.4	%
	Gaming & Leisure Properties, Inc.		1,020,218		51,133,326		0.6	%
	Healthcare Realty Trust, Inc., Class A		1,599,116		32,510,028		0.4	%
	Healthpeak Properties, Inc.		2,267,390		53,805,165		0.7	%
	Host Hotels & Resorts, Inc.		2,986,477		56,384,686		0.7	%
#	Invitation Homes, Inc.		2,588,181		82,019,451		1.0	%
#	Iron Mountain, Inc.		1,222,372		61,204,166		0.8	%
	Kimco Realty Corp.		2,602,365		55,638,570		0.7	%
	Lamar Advertising Co., Class A		383,771		35,395,199		0.5	%
#	Life Storage, Inc.		356,502		39,432,631		0.5	%
#	Medical Properties Trust, Inc.		2,519,997		28,853,966		0.4	%
	Mid-America Apartment Communities, Inc.		490,009		77,151,841		1.0	%
	National Retail Properties, Inc.		748,456		31,457,606		0.4	%
#	Omega Healthcare Investors, Inc.		1,017,510		32,336,473		0.4	%
	Prologis, Inc.		3,920,213		434,163,557		5.5	%
	Public Storage		672,049		208,167,178		2.6	%
	Realty Income Corp.		2,508,477		156,202,845		2.0	%
	Regency Centers Corp.		682,674		41,308,580		0.5	%
	Rexford Industrial Realty, Inc.		699,123		38,647,519		0.5	%
	SBA Communications Corp.		465,813		125,722,929		1.6	%
	Simon Property Group, Inc.		1,375,574		149,910,054		1.9	%
	Spirit Realty Capital, Inc.		553,969		21,510,624		0.3	%
	STAG Industrial, Inc.		687,773		21,726,749		0.3	%
#	STORE Capital Corp.		1,120,845		35,642,871		0.5	%
	Sun Communities, Inc.		506,508		68,302,604		0.9	%
	UDR, Inc.		1,343,079		53,400,821		0.7	%
	Ventas, Inc.		1,679,645		65,724,523		0.8	%
#	VICI Properties, Inc.		3,442,758		110,237,096		1.4	%
	Welltower, Inc.		1,919,936		117,192,893		1.5	%
	WP Carey, Inc.		863,529		65,887,263		0.8	%
	Other Securities				624,705,446		7.8	%
TOTAL UNITED STATES					4,788,336,860		60.8	%
TOTAL COMMON STOCKS					4,788,336,860		60.8	%

53

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

		Shares		Value†		Percentage of Net Assets‡
AFFILIATED INVESTMENT COMPANIES — (37.9%)
	DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		815,281,171	$	2,755,650,355		35.0	%
	DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		7,325,273		281,217,222		3.6	%
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES					3,036,867,577		38.6	%
TOTAL INVESTMENT SECURITIES (Cost $8,264,551,787)					7,825,204,437
SECURITIES LENDING COLLATERAL — (2.4%)
@§	The DFA Short Term Investment Fund		16,808,621		194,324,473		2.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $8,458,944,245)				$	8,019,528,910		101.9	%

As of October 31, 2022, DFA Global Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

									Unrealized
	Number of		Expiration		Notional		Market		Appreciation
Description	Contracts		Date		Value		Value		(Depreciation)
Long Position Contracts:
S&P 500® Emini Index		172		12/16/22	$	32,249,888	$	33,393,800	$	1,143,912
Total Futures Contracts					$	32,249,888	$	33,393,800	$	1,143,912

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	4,788,336,860		—		—	$	4,788,336,860
Affiliated Investment Companies		3,036,867,577		—		—		3,036,867,577
Securities Lending Collateral		—	$	194,324,473		—		194,324,473
Futures Contracts**		1,143,912		—		—		1,143,912
TOTAL	$	7,826,348,349	$	194,324,473		—	$	8,020,672,822

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

See accompanying Notes to Financial Statements.

54

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (97.0%)
AUSTRALIA — (6.8%)
	Whitehaven Coal Ltd.		12,373,145	$	71,873,065		0.8	%
	Other Securities				591,744,114		6.1	%
TOTAL AUSTRALIA					663,617,179		6.9	%
AUSTRIA — (0.8%)
	Other Securities				74,968,388		0.8	%
BELGIUM — (1.9%)
	Ackermans & van Haaren NV		319,855		44,562,652		0.5	%
	Euronav NV		3,409,575		59,441,792		0.6	%
	Other Securities				82,512,686		0.8	%
TOTAL BELGIUM					186,517,130		1.9	%
CANADA — (12.9%)
#	Alamos Gold, Inc., Class A		7,396,140		58,361,291		0.6	%
#	Birchcliff Energy Ltd.		5,486,552		42,648,795		0.4	%
#	Canadian Western Bank		1,817,290		31,614,323		0.3	%
#	Crescent Point Energy Corp.		6,629,597		51,826,042		0.5	%
#	Crescent Point Energy Corp.		3,894,900		30,497,067		0.3	%
#	Linamar Corp.		965,007		41,303,305		0.4	%
*	MEG Energy Corp.		5,253,777		78,555,024		0.8	%
#	Whitecap Resources, Inc.		7,500,963		58,142,303		0.6	%
#	Yamana Gold, Inc.		12,243,267		53,741,503		0.6	%
	Other Securities				807,819,169		8.5	%
TOTAL CANADA					1,254,508,822		13.0	%
CHINA — (0.1%)
	Other Securities				10,064,505		0.1	%
DENMARK — (2.9%)
*	Jyske Bank AS		1,195,095		64,498,265		0.7	%
	Sydbank AS		1,477,986		45,005,189		0.5	%
	Other Securities				177,961,595		1.8	%
TOTAL DENMARK					287,465,049		3.0	%
FINLAND — (2.0%)
	Cargotec Oyj, Class B		921,950		34,674,199		0.4	%
#	Kemira Oyj		2,771,507		36,596,020		0.4	%
#	TietoEVRY Oyj		1,319,138		31,447,219		0.3	%
	Other Securities				91,841,570		0.9	%
TOTAL FINLAND					194,559,008		2.0	%
FRANCE — (3.8%)
	Elis SA		3,427,793		39,254,759		0.4	%
	Rexel SA		2,338,636		41,733,646		0.4	%
	SES SA		5,373,290		38,112,461		0.4	%
	Other Securities				255,507,564		2.7	%
TOTAL FRANCE					374,608,430		3.9	%
GERMANY — (5.8%)
*	Aareal Bank AG		1,191,446		37,676,355		0.4	%

55

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
Aurubis AG		936,015	$	59,062,786		0.6	%
Freenet AG		1,705,503		33,523,671		0.4	%
K&S AG		3,796,021		83,812,305		0.9	%
Lanxess AG		1,057,257		35,754,071		0.4	%
Rheinmetall AG		195,846		31,835,087		0.3	%
Other Securities				279,272,505		2.8	%
TOTAL GERMANY				560,936,780		5.8	%
GREECE — (0.0%)
Other Securities				1,698		0.0	%
HONG KONG — (2.1%)
Other Securities				205,643,458		2.1	%
IRELAND — (0.5%)
Bank of Ireland Group PLC		5,511,654		39,687,335		0.4	%
Other Securities				10,722,764		0.1	%
TOTAL IRELAND				50,410,099		0.5	%
ISRAEL — (1.3%)
Other Securities				126,829,931		1.3	%
ITALY — (3.8%)
Banco BPM SpA		21,588,080		65,315,073		0.7	%
Leonardo SpA		4,980,957		40,017,465		0.4	%
Unipol Gruppo SpA		8,415,530		36,219,081		0.4	%
Other Securities				232,704,422		2.4	%
TOTAL ITALY				374,256,041		3.9	%
JAPAN — (25.0%)
Other Securities				2,435,962,994		25.2	%
NETHERLANDS — (2.5%)
ASR Nederland NV		2,288,728		100,779,267		1.0	%
#   SBM Offshore NV		4,336,093		58,682,149		0.6	%
Other Securities				84,596,700		0.9	%
TOTAL NETHERLANDS				244,058,116		2.5	%
NEW ZEALAND — (0.3%)
Other Securities				29,873,647		0.3	%
NORWAY — (1.3%)
Other Securities				131,487,640		1.4	%
PORTUGAL — (0.2%)
Other Securities				22,020,666		0.2	%
SINGAPORE — (0.9%)
Other Securities				86,182,468		0.9	%
SPAIN — (2.8%)
Banco de Sabadell SA		93,126,420		73,272,231		0.8	%
#   Bankinter SA		12,295,019		74,372,052		0.8	%

56

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	125,749,493		1.2	%
TOTAL SPAIN				273,393,776		2.8	%
SWEDEN — (2.3%)
Other Securities				225,374,205		2.3	%
SWITZERLAND — (6.2%)
Adecco Group AG		1,142,686		35,761,459		0.4	%
Allreal Holding AG		297,965		42,682,438		0.4	%
Baloise Holding AG		352,704		48,187,170		0.5	%
Helvetia Holding AG		645,552		64,104,812		0.7	%
Siegfried Holding AG		63,680		37,907,305		0.4	%
Swiss Prime Site AG		679,052		54,794,690		0.6	%
Other Securities				319,017,279		3.2	%
TOTAL SWITZERLAND				602,455,153		6.2	%
UNITED KINGDOM — (10.5%)
Bellway PLC		1,802,661		38,337,467		0.4	%
Close Brothers Group PLC		3,353,167		37,777,068		0.4	%
Drax Group PLC		5,687,826		33,965,517		0.4	%
Grafton Group PLC		5,205,358		41,212,135		0.4	%
Man Group PLC		12,541,246		31,197,686		0.3	%
Mediclinic International PLC		6,245,108		35,526,683		0.4	%
Paragon Banking Group PLC		6,577,529		32,180,697		0.3	%
Redrow PLC		6,765,614		32,556,262		0.3	%
Travis Perkins PLC		3,671,580		34,604,591		0.4	%
#   Vistry Group PLC		5,254,832		36,360,710		0.4	%
Other Securities				668,810,003		6.9	%
TOTAL UNITED KINGDOM				1,022,528,819		10.6	%
UNITED STATES — (0.3%)
Other Securities				25,986,456		0.3	%
TOTAL COMMON STOCKS				9,463,710,458		97.9	%
PREFERRED STOCKS — (0.1%)
GERMANY — (0.1%)
Other Securities				14,392,685		0.2	%
TOTAL INVESTMENT SECURITIES (Cost $10,024,140,317)				9,478,103,143
			Value†
SECURITIES LENDING COLLATERAL — (2.9%)
@§ The DFA Short Term Investment Fund		24,153,176		279,234,867		2.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $10,303,495,096)			$	9,757,338,010		101.0	%

57

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

As of October 31, 2022, 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		618		12/16/22	$	116,562,477	$	119,984,700	$	3,422,223
Total Futures Contracts					$	116,562,477	$	119,984,700	$	3,422,223

Summary of the Portfolio’s investments as of October 31, 2022, 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		—	$	663,617,179		—		$	663,617,179
Austria		—		74,968,388		—			74,968,388
Belgium	$	3,109,047		183,408,083		—			186,517,130
Canada		1,254,084,150		424,672		—			1,254,508,822
China		7,388,355		2,676,150		—			10,064,505
Denmark		—		287,465,049		—			287,465,049
Finland		—		194,559,008		—			194,559,008
France		—		374,608,430		—			374,608,430
Germany		—		560,936,780		—			560,936,780
Greece		—		—	$	1,698			1,698
Hong Kong		—		204,675,078		968,380			205,643,458
Ireland		—		50,410,099		—			50,410,099
Israel		149,834		126,680,097		—			126,829,931
Italy		—		374,256,041		—			374,256,041
Japan		3,487,186		2,432,475,808		—			2,435,962,994
Netherlands		—		244,058,116		—			244,058,116
New Zealand		—		29,873,647		—			29,873,647
Norway		1,956,470		129,531,170		—			131,487,640
Portugal		—		22,020,666		—			22,020,666
Singapore		855,094		85,308,487		18,887			86,182,468
Spain		—		273,393,776		—			273,393,776
Sweden		1,401,452		223,972,753		—			225,374,205
Switzerland		—		602,455,153		—			602,455,153
United Kingdom		—		1,022,528,819		—			1,022,528,819
United States		5,255,649		20,730,807		—			25,986,456
Preferred Stocks
Germany		—		14,392,685		—			14,392,685
Securities Lending Collateral		—		279,234,867		—			279,234,867
Futures Contracts**		3,422,223		—		—			3,422,223
TOTAL	$	1,281,109,460	$	8,478,661,808	$	988,965	^	$	9,760,760,233

** 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.

58

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.3%)
AUSTRALIA — (6.2%)
National Australia Bank Ltd.		297,280	$	6,175,113		0.2	%
Whitehaven Coal Ltd.		881,890		5,122,718		0.2	%
Other Securities				176,231,868		6.1	%
TOTAL AUSTRALIA				187,529,699		6.5	%
AUSTRIA — (0.6%)
Other Securities				17,908,912		0.6	%
BELGIUM — (1.3%)
Solvay SA		74,041		6,681,523		0.2	%
Other Securities				32,593,315		1.2	%
TOTAL BELGIUM				39,274,838		1.4	%
CANADA — (11.9%)
#   Bank of Montreal		71,894		6,620,000		0.2	%
Canadian Natural Resources Ltd.		99,485		5,963,131		0.2	%
Fairfax Financial Holdings Ltd.		12,821		6,296,769		0.2	%
#   Royal Bank of Canada		61,845		5,722,144		0.2	%
Sun Life Financial, Inc.		130,490		5,539,300		0.2	%
Suncor Energy, Inc.		242,441		8,337,546		0.3	%
#   Teck Resources Ltd., Class B		304,989		9,283,865		0.3	%
Tourmaline Oil Corp.		187,536		10,566,494		0.4	%
West Fraser Timber Co. Ltd.		67,811		5,091,510		0.2	%
Other Securities				293,805,569		10.2	%
TOTAL CANADA				357,226,328		12.4	%
CHINA — (0.1%)
Other Securities				1,997,864		0.1	%
DENMARK — (2.2%)
Novo Nordisk AS, Class B		47,591		5,174,629		0.2	%
Other Securities				60,164,218		2.1	%
TOTAL DENMARK				65,338,847		2.3	%
FINLAND — (1.5%)
Other Securities				44,643,849		1.5	%
FRANCE — (7.0%)
BNP Paribas SA		106,510		4,994,667		0.2	%
Bouygues SA		199,685		5,697,242		0.2	%
#   Carrefour SA		319,239		5,138,295		0.2	%
Cie de Saint-Gobain		139,932		5,720,550		0.2	%
Cie Generale des Etablissements Michelin SCA		337,352		8,597,095		0.3	%
Engie SA		420,294		5,461,028		0.2	%
Orange SA		1,286,762		12,260,155		0.4	%
TotalEnergies SE		378,407		20,643,370		0.7	%
Other Securities				141,054,476		4.9	%
TOTAL FRANCE				209,566,878		7.3	%
GERMANY — (5.8%)
Allianz SE		36,707		6,603,752		0.2	%

59

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CONTINUED

	Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
BASF SE		137,484	$	6,168,995		0.2	%
*   Commerzbank AG		955,930		7,637,592		0.3	%
W  Covestro AG		160,868		5,460,827		0.2	%
Mercedes-Benz Group AG		126,187		7,303,899		0.3	%
Other Securities				140,245,901		4.8	%
TOTAL GERMANY				173,420,966		6.0	%
HONG KONG — (1.8%)
Other Securities				55,499,011		1.9	%
IRELAND — (0.7%)
#   CRH PLC, Sponsored ADR		179,187		6,488,361		0.2	%
Other Securities				13,696,883		0.5	%
TOTAL IRELAND				20,185,244		0.7	%
ISRAEL — (1.2%)
Other Securities				37,342,505		1.3	%
ITALY — (2.4%)
UniCredit SpA		476,352		5,907,363		0.2	%
Other Securities				65,407,539		2.3	%
TOTAL ITALY				71,314,902		2.5	%
JAPAN — (22.2%)
ENEOS Holdings, Inc.		2,151,970		7,098,607		0.3	%
Mitsubishi UFJ Financial Group, Inc.		1,117,000		5,276,539		0.2	%
SoftBank Group Corp.		158,600		6,808,096		0.3	%
Toyota Motor Corp.		430,090		5,967,326		0.2	%
Other Securities				643,991,158		22.2	%
TOTAL JAPAN				669,141,726		23.2	%
NETHERLANDS — (3.2%)
Aegon NV		1,327,980		6,147,428		0.2	%
ASR Nederland NV		149,446		6,580,537		0.2	%
Koninklijke Ahold Delhaize NV		545,232		15,205,575		0.5	%
Other Securities				69,373,530		2.5	%
TOTAL NETHERLANDS				97,307,070		3.4	%
NEW ZEALAND — (0.4%)
Other Securities				12,251,735		0.4	%
NORWAY — (1.0%)
Other Securities				30,315,895		1.0	%
PORTUGAL — (0.3%)
Other Securities				10,122,894		0.3	%
SINGAPORE — (1.0%)
Other Securities				30,255,778		1.0	%
SPAIN — (2.2%)
Banco Bilbao Vizcaya Argentaria SA		1,438,737		7,422,139		0.3	%
Repsol SA		415,110		5,647,349		0.2	%

60

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	51,949,890		1.8	%
TOTAL SPAIN				65,019,378		2.3	%
SWEDEN — (2.4%)
Other Securities				73,654,417		2.6	%
SWITZERLAND — (7.3%)
Julius Baer Group Ltd.		127,245		6,105,070		0.2	%
Nestle SA		126,847		13,808,412		0.5	%
Novartis AG, Sponsored ADR		112,884		9,158,279		0.3	%
Swiss Life Holding AG		10,701		5,181,660		0.2	%
Swisscom AG		15,415		7,611,759		0.3	%
Zurich Insurance Group AG		14,535		6,194,437		0.2	%
Other Securities				172,472,657		5.9	%
TOTAL SWITZERLAND				220,532,274		7.6	%
UNITED KINGDOM — (11.5%)
3i Group PLC		398,043		5,301,281		0.2	%
BP PLC		1,487,940		8,232,179		0.3	%
British American Tobacco PLC		154,373		6,096,722		0.2	%
BT Group PLC		4,467,397		6,657,451		0.2	%
Glencore PLC		873,439		5,007,488		0.2	%
#   HSBC Holdings PLC, Sponsored ADR		320,826		8,312,602		0.3	%
Shell PLC, Sponsored ADR		333,674		18,562,285		0.7	%
Other Securities				287,483,824		9.9	%
TOTAL UNITED KINGDOM.				345,653,832		12.0	%
UNITED STATES — (0.1%)
Other Securities				2,160,139		0.1	%
TOTAL COMMON STOCKS				2,837,664,981		98.4	%
PREFERRED STOCKS — (0.4%)
GERMANY — (0.4%)
Other Securities				10,803,933		0.4	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities				1,491		0.0	%
CANADA — (0.0%)
Other Securities				54,197		0.0	%
HONG KONG — (0.0%)
Other Security				186		0.0	%
TOTAL RIGHTS/WARRANTS				55,874		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $2,790,321,925)				2,848,524,788

61

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (5.3%)
@§ The DFA Short Term Investment Fund		13,790,366	$	159,430,421		5.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,949,818,119)			$	3,007,955,209		104.3	%

As of October 31, 2022, 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		90		12/16/22	$	17,034,449	$	17,473,500	$	439,051
Total Futures Contracts					$	17,034,449	$	17,473,500	$	439,051

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	4,348,097	$	183,139,455	$	42,147	$	187,529,699
Austria		42,430		17,866,482		—		17,908,912
Belgium		3,021,855		36,252,983		—		39,274,838
Canada		356,310,408		915,920		—		357,226,328
China		562,780		1,435,084		—		1,997,864
Denmark		—		65,338,847		—		65,338,847
Finland		—		44,643,849		—		44,643,849
France		405,489		209,159,773		1,616		209,566,878
Germany		5,976,454		167,444,512		—		173,420,966
Hong Kong		—		55,378,352		120,659		55,499,011
Ireland		6,488,361		13,696,883		—		20,185,244
Israel		4,424,117		32,918,388		—		37,342,505
Italy		1,841,896		69,473,006		—		71,314,902
Japan		9,691,387		659,450,339		—		669,141,726
Netherlands		10,120,177		87,186,893		—		97,307,070
New Zealand		10,700		12,241,035		—		12,251,735
Norway		307,540		30,008,355		—		30,315,895
Portugal		—		10,122,894		—		10,122,894
Singapore		20,133		30,234,581		1,064		30,255,778
Spain		1,797,257		63,222,121		—		65,019,378
Sweden		206,058		73,448,359		—		73,654,417
Switzerland		19,678,114		200,854,160		—		220,532,274
United Kingdom		49,109,740		296,523,328		20,764		345,653,832
United States		769,182		1,390,957		—		2,160,139
Preferred Stocks
Germany		—		10,803,933		—		10,803,933
Rights/Warrants
Australia		—		1,491		—		1,491
Canada		—		54,197		—		54,197
Hong Kong		—		186		—		186

62

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Securities Lending Collateral		—	$	159,430,421		—		$	159,430,421
Futures Contracts**	$	439,051		—		—			439,051
TOTAL	$	475,571,226	$	2,532,636,784	$	186,250	^	$	3,008,394,260

** 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.

63

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (92.9%)
AUSTRALIA — (7.2%)
	BHP Group Ltd.		260,623	$	6,260,217		0.4	%
	BHP Group Ltd.		242,244		5,782,310		0.4	%
#	BHP Group Ltd., Sponsored ADR		439,796		21,031,045		1.3	%
	Other Securities				89,700,297		5.5	%
TOTAL AUSTRALIA					122,773,869		7.6	%
AUSTRIA — (0.2%)
	Other Securities				2,776,158		0.2	%
BELGIUM — (0.6%)
	Other Securities				10,348,979		0.7	%
CANADA — (11.1%)
	Alimentation Couche-Tard, Inc.		184,394		8,256,347		0.5	%
	Canadian National Railway Co.		103,129		12,217,874		0.8	%
	Canadian National Railway Co.		52,046		6,164,328		0.4	%
#	Canadian Natural Resources Ltd.		277,342		16,623,879		1.0	%
	Constellation Software, Inc.		6,141		8,879,579		0.6	%
	National Bank of Canada		139,276		9,483,056		0.6	%
#	Royal Bank of Canada		128,018		11,844,731		0.7	%
	Suncor Energy, Inc.		311,402		10,709,115		0.7	%
	Other Securities				105,724,303		6.5	%
TOTAL CANADA					189,903,212		11.8	%
CHINA — (0.0%)
	Other Securities				562,875		0.0	%
DENMARK — (3.3%)
	Novo Nordisk AS, Class B		490,008		53,279,182		3.3	%
	Other Securities				2,886,381		0.2	%
TOTAL DENMARK					56,165,563		3.5	%
FINLAND — (1.1%)
	Other Securities				18,946,685		1.2	%
FRANCE — (8.2%)
	Airbus SE		114,996		12,442,994		0.8	%
	Hermes International		6,104		7,900,926		0.5	%
	Kering SA		19,489		8,925,199		0.6	%
	LVMH Moet Hennessy Louis Vuitton SE		67,951		42,876,713		2.7	%
	Teleperformance		29,391		7,874,726		0.5	%
#	TotalEnergies SE		425,414		23,207,759		1.4	%
	Other Securities				36,736,800		2.2	%
TOTAL FRANCE					139,965,117		8.7	%
GERMANY — (5.5%)
	Bayer AG		221,721		11,658,318		0.7	%
	Deutsche Telekom AG		866,133		16,348,681		1.0	%
	E.ON SE		948,865		7,945,780		0.5	%
	Mercedes-Benz Group AG		193,985		11,228,152		0.7	%

64

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
	Other Securities			$	46,781,070		3.0	%
TOTAL GERMANY					93,962,001		5.9	%
HONG KONG — (1.7%)
	Hong Kong Exchanges & Clearing Ltd.		293,437		7,788,874		0.5	%
	Other Securities				21,738,418		1.3	%
TOTAL HONG KONG					29,527,292		1.8	%
IRELAND — (0.5%)
	Other Securities				8,423,333		0.5	%
ISRAEL — (0.7%)
	Other Securities				11,578,328		0.7	%
ITALY — (1.8%)
	Stellantis NV		716,336		9,664,495		0.6	%
	Other Securities				21,705,890		1.4	%
TOTAL ITALY					31,370,385		2.0	%
JAPAN — (18.4%)
	Fast Retailing Co. Ltd.		14,000		7,799,976		0.5	%
	Hitachi Ltd.		264,700		12,010,447		0.7	%
	KDDI Corp.		492,100		14,544,985		0.9	%
	Nintendo Co. Ltd.		265,000		10,758,760		0.7	%
	Recruit Holdings Co. Ltd.		267,200		8,222,056		0.5	%
	Sony Group Corp.		328,700		22,165,764		1.4	%
	Tokyo Electron Ltd.		33,900		8,918,969		0.6	%
	Other Securities				231,845,918		14.4	%
TOTAL JAPAN					316,266,875		19.7	%
NETHERLANDS — (3.6%)
	ASML Holding NV		25,123		11,784,863		0.7	%
	ASML Holding NV		66,262		31,303,494		1.9	%
	Wolters Kluwer NV		98,091		10,423,004		0.7	%
	Other Securities				8,696,272		0.6	%
TOTAL NETHERLANDS					62,207,633		3.9	%
NEW ZEALAND — (0.3%)
	Other Securities				5,502,090		0.3	%
NORWAY — (1.0%)
	Equinor ASA		304,550		11,095,889		0.7	%
	Other Securities				6,816,324		0.4	%
TOTAL NORWAY					17,912,213		1.1	%
PORTUGAL — (0.1%)
	Other Securities				2,472,556		0.2	%
SINGAPORE — (1.0%)
	DBS Group Holdings Ltd.		386,358		9,340,708		0.6	%
	Other Securities				7,523,948		0.5	%
TOTAL SINGAPORE					16,864,656		1.1	%

65

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SPAIN — (1.6%)
	Repsol SA		593,804	$	8,078,386		0.5	%
	Other Securities				19,069,819		1.2	%
TOTAL SPAIN					27,148,205		1.7	%
SWEDEN — (2.5%)
	Other Securities				42,420,867		2.6	%
SWITZERLAND — (8.2%)
	Givaudan SA		3,610		10,782,851		0.7	%
	Roche Holding AG		8,192		3,325,052		0.2	%
	Roche Holding AG		183,630		60,928,089		3.8	%
	Sika AG		49,049		11,059,359		0.7	%
	Other Securities				54,162,814		3.3	%
TOTAL SWITZERLAND					140,258,165		8.7	%
UNITED KINGDOM — (14.3%)
	Anglo American PLC		335,117		10,038,162		0.6	%
	Ashtead Group PLC		224,550		11,697,488		0.7	%
	BAE Systems PLC		967,945		9,053,735		0.6	%
	Diageo PLC		80,730		3,322,238		0.2	%
#	Diageo PLC, Sponsored ADR		106,135		17,721,361		1.1	%
	Ferguson PLC		94,077		10,259,936		0.6	%
	Glencore PLC		1,388,177		7,958,514		0.5	%
	GSK PLC.		1,204,965		19,738,624		1.2	%
	Imperial Brands PLC		553,895		13,492,366		0.8	%
	Reckitt Benckiser Group PLC		131,666		8,737,877		0.5	%
#	RELX PLC, Sponsored ADR		334,644		9,022,002		0.6	%
	Rio Tinto PLC		94,176		4,921,790		0.3	%
#	Rio Tinto PLC, Sponsored ADR		251,488		13,416,885		0.8	%
	SSE PLC		648,002		11,580,364		0.7	%
	Unilever PLC		48,760		2,216,354		0.1	%
	Unilever PLC		62,170		2,837,577		0.2	%
#	Unilever PLC, Sponsored ADR		587,080		26,718,011		1.7	%
	Other Securities				61,732,778		4.0	%
TOTAL UNITED KINGDOM					244,466,062		15.2	%
TOTAL COMMON STOCKS					1,591,823,119		99.1	%
PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
	Other Securities				8,380,467		0.5	%
TOTAL INVESTMENT SECURITIES (Cost $1,645,167,059)					1,600,203,586
				Value†
SECURITIES LENDING COLLATERAL — (6.6%)
@§	The DFA Short Term Investment Fund		9,844,627		113,813,732		7.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,759,023,239)				$	1,714,017,318		106.7	%

66

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	25,548,895	$	97,224,974		—	$	122,773,869
Austria		—		2,776,158		—		2,776,158
Belgium		—		10,348,979		—		10,348,979
Canada		189,903,212		—		—		189,903,212
China		—		562,875		—		562,875
Denmark		—		56,165,563		—		56,165,563
Finland		—		18,946,685		—		18,946,685
France		1,942,479		138,022,638		—		139,965,117
Germany		—		93,962,001		—		93,962,001
Hong Kong		—		29,527,292		—		29,527,292
Ireland		3,049,317		5,374,016		—		8,423,333
Israel		1,412,677		10,165,651		—		11,578,328
Italy		3,589,675		27,780,710		—		31,370,385
Japan		—		316,266,875		—		316,266,875
Netherlands		31,303,494		30,904,139		—		62,207,633
New Zealand		—		5,502,090		—		5,502,090
Norway		—		17,912,213		—		17,912,213
Portugal		—		2,472,556		—		2,472,556
Singapore		—		16,864,656		—		16,864,656
Spain		—		27,148,205		—		27,148,205
Sweden		—		42,420,867		—		42,420,867
Switzerland		3,623,423		136,634,742		—		140,258,165
United Kingdom		69,713,115		174,752,947		—		244,466,062
Preferred Stocks
Germany		—		8,380,467		—		8,380,467
Securities Lending Collateral		—		113,813,732		—		113,813,732
TOTAL	$	330,086,287	$	1,383,931,031		—	$	1,714,017,318

See accompanying Notes to Financial Statements.

67

WORLD EX U.S. VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company			$	119,817,346
Investment in Dimensional Emerging Markets Value Fund				58,079,423
Investment in DFA International Small Cap Value Portfolio of DFA Investment Dimensions Group Inc		960,882		16,152,426
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $194,249,127)			$	194,049,195

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	194,049,195		—		—	$	194,049,195
TOTAL	$	194,049,195		—		—	$	194,049,195

See accompanying Notes to Financial Statements.

68

WORLD EX U.S. CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.2%)
AUSTRALIA — (4.5%)
BHP Group Ltd.		352,621	$	8,470,028		0.3	%
Commonwealth Bank of Australia		87,813		5,887,576		0.2	%
Other Securities				130,988,672		4.2	%
TOTAL AUSTRALIA				145,346,276		4.7	%
AUSTRIA — (0.3%)
Other Securities				10,876,886		0.4	%
BELGIUM — (0.8%)
Other Securities				24,505,995		0.8	%
BRAZIL — (1.6%)
Vale SA		558,139		7,253,483		0.3	%
Other Securities				43,819,411		1.3	%
TOTAL BRAZIL				51,072,894		1.6	%
CANADA — (8.0%)
Bank of Montreal		69,809		6,428,013		0.2	%
Canadian National Railway Co.		42,191		4,997,102		0.2	%
Canadian Natural Resources Ltd.		152,688		9,152,119		0.3	%
Nutrien Ltd.		65,469		5,532,108		0.2	%
Royal Bank of Canada		93,782		8,677,081		0.3	%
Royal Bank of Canada		97,598		9,024,887		0.3	%
Suncor Energy, Inc.		165,422		5,688,863		0.2	%
Toronto-Dominion Bank		89,325		5,715,907		0.2	%
Other Securities				204,390,427		6.4	%
TOTAL CANADA				259,606,507		8.3	%
CHILE — (0.1%)
Other Securities				4,431,245		0.1	%
CHINA — (7.1%)
China Construction Bank Corp., Class H		12,746,000		6,764,152		0.2	%
Tencent Holdings Ltd.		442,200		11,619,589		0.4	%
Other Securities				213,438,944		6.8	%
TOTAL CHINA				231,822,685		7.4	%
COLOMBIA — (0.0%)
Other Securities				1,025,541		0.0	%
CZECH REPUBLIC — (0.0%)
Other Securities				1,198,559		0.0	%
DENMARK — (1.5%)
Novo Nordisk AS, Class B		142,160		15,457,234		0.5	%
Other Securities				34,183,772		1.1	%
TOTAL DENMARK				49,641,006		1.6	%
EGYPT — (0.0%)
Other Securities				162,722		0.0	%

69

WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
FINLAND — (1.0%)
Other Securities			$	32,274,591		1.0	%
FRANCE — (5.2%)
LVMH Moet Hennessy Louis Vuitton SE		21,810		13,761,992		0.5	%
Orange SA		575,945		5,487,553		0.2	%
#      TotalEnergies SE		355,054		19,369,385		0.6	%
Vinci SA		66,104		6,084,010		0.2	%
Other Securities				123,807,332		3.9	%
TOTAL FRANCE				168,510,272		5.4	%
GERMANY — (4.1%)
BASF SE		130,893		5,873,252		0.2	%
Bayer AG		122,338		6,432,658		0.2	%
Deutsche Telekom AG		482,206		9,101,872		0.3	%
Mercedes-Benz Group AG		117,589		6,806,234		0.2	%
Other Securities				106,747,629		3.4	%
TOTAL GERMANY				134,961,645		4.3	%
GREECE — (0.1%)
Other Securities				2,638,296		0.1	%
HONG KONG — (1.3%)
AIA Group Ltd.		833,400		6,312,830		0.2	%
Other Securities				34,809,623		1.1	%
TOTAL HONG KONG				41,122,453		1.3	%
HUNGARY — (0.0%)
Other Securities				1,633,284		0.1	%
INDIA — (5.7%)
Infosys Ltd.		301,896		5,632,610		0.2	%
Reliance Industries Ltd.		235,961		7,270,140		0.3	%
Other Securities				171,251,207		5.4	%
TOTAL INDIA				184,153,957		5.9	%
INDONESIA — (0.7%)
Other Securities				22,761,801		0.7	%
IRELAND — (0.5%)
#      CRH PLC, Sponsored ADR		191,724		6,942,326		0.2	%
Other Securities				10,486,714		0.4	%
TOTAL IRELAND				17,429,040		0.6	%
ISRAEL — (0.7%)
Other Securities				24,275,886		0.8	%
ITALY — (1.8%)
Eni SpA		388,066		5,096,749		0.2	%
Stellantis NV		476,957		6,434,897		0.2	%
Other Securities				45,535,683		1.4	%
TOTAL ITALY				57,067,329		1.8	%

70

WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
JAPAN — (14.1%)
Hitachi Ltd.		119,200	$	5,408,558		0.2	%
Sony Group Corp.		104,000		7,013,202		0.3	%
Toyota Motor Corp.		907,715		12,594,182		0.4	%
Other Securities				435,126,738		13.8	%
TOTAL JAPAN				460,142,680		14.7	%
MALAYSIA — (0.5%)
Other Securities				16,846,749		0.5	%
MEXICO — (0.8%)
Other Securities				25,482,157		0.8	%
NETHERLANDS — (2.0%)
ASML Holding NV		20,610		9,736,576		0.3	%
Koninklijke Ahold Delhaize NV		198,063		5,523,626		0.2	%
Other Securities				48,603,742		1.6	%
TOTAL NETHERLANDS				63,863,944		2.1	%
NEW ZEALAND — (0.3%)
Other Securities				8,487,603		0.3	%
NORWAY — (0.7%)
Other Securities				22,459,223		0.7	%
PERU — (0.0%)
Other Securities				341,571		0.0	%
PHILIPPINES — (0.2%)
Other Securities				7,707,820		0.3	%
POLAND — (0.2%)
Other Securities				7,137,048		0.2	%
PORTUGAL — (0.2%)
Other Securities				6,189,656		0.2	%
QATAR — (0.3%)
Other Securities				10,724,413		0.3	%
SAUDI ARABIA — (1.1%)
Other Securities				35,711,761		1.2	%
SINGAPORE — (0.7%)
Other Securities				22,860,164		0.7	%
SOUTH AFRICA — (1.3%)
Other Securities				43,126,097		1.4	%
SOUTH KOREA — (3.6%)
Samsung Electronics Co. Ltd.		661,530		27,532,762		0.9	%
Other Securities				89,359,031		2.9	%
TOTAL SOUTH KOREA				116,891,793		3.8	%
SPAIN — (1.5%)
Repsol SA		395,910		5,386,144		0.2	%

71

WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
Other Securities			$	41,923,084		1.3	%
TOTAL SPAIN				47,309,228		1.5	%
SWEDEN — (1.8%)
Other Securities				59,696,629		1.9	%
SWITZERLAND — (5.1%)
ABB Ltd.		223,366		6,202,941		0.2	%
Givaudan SA		1,803		5,385,452		0.2	%
Nestle SA		146,245		15,920,055		0.5	%
Novartis AG		88,289		7,141,760		0.2	%
Novartis AG, Sponsored ADR		61,524		4,991,442		0.2	%
Roche Holding AG		58,789		19,506,080		0.6	%
Other Securities				105,807,368		3.4	%
TOTAL SWITZERLAND				164,955,098		5.3	%
TAIWAN — (4.8%)
Taiwan Semiconductor Manufacturing Co. Ltd.		1,170,000		14,065,978		0.5	%
Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		129,369		7,962,662		0.3	%
Other Securities				134,878,966		4.2	%
TOTAL TAIWAN				156,907,606		5.0	%
THAILAND — (0.8%)
Other Securities.				24,416,349		0.8	%
TURKEY — (0.3%)
Other Securities				8,632,922		0.3	%
UNITED ARAB EMIRATES — (0.4%)
Other Securities				11,966,771		0.4	%
UNITED KINGDOM — (8.5%)
BP PLC, Sponsored ADR		338,022		11,249,372		0.4	%
British American Tobacco PLC		141,356		5,582,636		0.2	%
Glencore PLC		1,482,781		8,500,885		0.3	%
#      HSBC Holdings PLC, Sponsored ADR		230,666		5,976,556		0.2	%
#      Rio Tinto PLC, Sponsored ADR		172,914		9,224,962		0.3	%
Shell PLC, Sponsored ADR		428,414		23,832,671		0.8	%
#      Unilever PLC, Sponsored ADR		116,930		5,321,484		0.2	%
Other Securities				205,281,455		6.4	%
TOTAL UNITED KINGDOM				274,970,021		8.8	%
UNITED STATES — (0.0%)
Other Securities				945,358		0.0	%
TOTAL COMMON STOCKS				3,064,291,531		98.1	%
PREFERRED STOCKS — (0.7%)
BRAZIL — (0.4%)
Other Securities				11,626,826		0.4	%
CHILE — (0.0%)
Other Securities				168,225		0.0	%

72

WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares	Value»		Percentage of Net Assets‡
COLOMBIA — (0.0%)
Other Securities		$	168,281		0.0	%
GERMANY — (0.3%)
Other Securities			9,081,770		0.3	%
PHILIPPINES — (0.0%)
Other Security			34,233		0.0	%
SOUTH KOREA — (0.0%)
Other Security			278		0.0	%
THAILAND — (0.0%)
Other Security			115,176		0.0	%
TOTAL PREFERRED STOCKS.			21,194,789		0.7	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
Other Securities			285		0.0	%
BRAZIL — (0.0%)
Other Securities			3,311		0.0	%
HONG KONG — (0.0%)
Other Security			103		0.0	%
INDIA — (0.0%)
Other Security			9,300		0.0	%
INDONESIA — (0.0%)
Other Security			479		0.0	%
MALAYSIA — (0.0%)
Other Security			4,387		0.0	%
SAUDI ARABIA — (0.0%)
Other Security			3,245		0.0	%
SOUTH KOREA — (0.0%)
Other Securities			2,167		0.0	%
TAIWAN — (0.0%)
Other Securities			10,035		0.0	%
THAILAND — (0.0%)
Other Securities			462		0.0	%
TOTAL RIGHTS/WARRANTS			33,774		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $3,168,683,871)			3,085,520,094

73

WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL —  (5.1%)
@§ The DFA Short Term Investment Fund		14,470,830	$	167,297,264		5.4	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,336,052,772)			$	3,252,817,358		104.2	%

As of October 31, 2022, 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		128		12/16/22	$	23,984,116	$	24,851,200	$	867,084
Total Futures Contracts					$	23,984,116	$	24,851,200	$	867,084

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Australia	$	7,272,824	$	138,068,634	$	4,818	$	145,346,276
Austria		41,465		10,835,421		—		10,876,886
Belgium		537,208		23,968,787		—		24,505,995
Brazil		50,798,514		274,380		—		51,072,894
Canada		258,904,825		701,682		—		259,606,507
Chile		922,918		3,508,327		—		4,431,245
China		16,040,899		214,973,516		808,270		231,822,685
Colombia		964,595		60,946		—		1,025,541
Czech Republic		—		1,198,559		—		1,198,559
Denmark		—		49,641,006		—		49,641,006
Egypt		77,097		85,625		—		162,722
Finland		548,244		31,726,347		—		32,274,591
France		368,182		168,140,162		1,928		168,510,272
Germany		1,507,363		133,454,282		—		134,961,645
Greece		7,253		2,629,812		1,231		2,638,296
Hong Kong		467,105		40,604,384		50,964		41,122,453
Hungary		—		1,633,284		—		1,633,284
India		3,291,919		180,861,771		267		184,153,957
Indonesia		174,624		22,545,712		41,465		22,761,801
Ireland		6,942,326		10,486,714		—		17,429,040
Israel		2,949,430		21,326,456		—		24,275,886
Italy		578,714		56,488,615		—		57,067,329
Japan		1,732,396		458,410,284		—		460,142,680
Malaysia		—		16,846,592		157		16,846,749
Mexico		25,352,685		129,267		205		25,482,157
Netherlands		11,290,855		52,573,089		—		63,863,944
New Zealand		—		8,487,603		—		8,487,603
Norway		31,689		22,427,534		—		22,459,223
Peru		341,544		—		27		341,571
Philippines		23,089		7,684,731		—		7,707,820
Poland		—		7,137,048		—		7,137,048
Portugal		—		6,189,656		—		6,189,656
Qatar		—		10,724,413		—		10,724,413

74

WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Saudi Arabia	$	35,081	$	35,676,680		—		$	35,711,761
Singapore		—		22,845,150	$	15,014			22,860,164
South Africa		4,254,717		38,871,380		—			43,126,097
South Korea		560,925		116,240,174		90,694			116,891,793
Spain		426,884		46,882,344		—			47,309,228
Sweden		113,903		59,582,726		—			59,696,629
Switzerland		12,061,310		152,893,788		—			164,955,098
Taiwan		8,199,731		148,686,595		21,280			156,907,606
Thailand		23,832,210		584,139		—			24,416,349
Turkey		—		8,632,922		—			8,632,922
United Arab Emirates		—		11,966,771		—			11,966,771
United Kingdom		72,790,913		202,175,231		3,877			274,970,021
United States		301,845		643,513		—			945,358
Preferred Stocks
Brazil		11,606,098		20,728		—			11,626,826
Chile		—		168,225		—			168,225
Colombia		168,281		—		—			168,281
Germany		—		9,081,770		—			9,081,770
Philippines		—		34,233		—			34,233
South Korea		—		278		—			278
Thailand		115,176		—		—			115,176
Rights/Warrants
Australia		—		285		—			285
Brazil		—		3,311		—			3,311
Hong Kong		—		103		—			103
India		—		9,300		—			9,300
Indonesia		—		479		—			479
Malaysia		—		4,387		—			4,387
Saudi Arabia		—		3,245		—			3,245
South Korea		—		2,167		—			2,167
Taiwan		—		10,035		—			10,035
Thailand		—		462		—			462
Securities Lending Collateral		—		167,297,264		—			167,297,264
Futures Contracts**		867,084		—		—			867,084
TOTAL	$	526,501,921	$	2,726,142,324	$	1,040,197	^	$	3,253,684,442

** 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.

75

WORLD EX U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (99.3%)
AUSTRALIA — (5.1%)
Incitec Pivot Ltd.		445,077	$	1,070,388		0.2	%
OZ Minerals Ltd.		93,959		1,454,860		0.3	%
Whitehaven Coal Ltd.		222,477		1,292,323		0.2	%
Other Securities				25,062,003		4.4	%
TOTAL AUSTRALIA				28,879,574		5.1	%
AUSTRIA — (0.6%)
Other Securities				3,602,917		0.6	%
BELGIUM — (1.3%)
Ageas SA		52,470		1,816,416		0.3	%
Other Securities				5,353,515		1.0	%
TOTAL BELGIUM				7,169,931		1.3	%
BRAZIL — (1.5%)
Other Securities				8,436,425		1.5	%
CANADA — (8.9%)
AltaGas Ltd		69,373		1,251,143		0.2	%
ARC Resources Ltd.		157,602		2,218,817		0.4	%
iA Financial Corp., Inc.		30,644		1,705,456		0.3	%
*      MEG Energy Corp.		81,109		1,212,750		0.2	%
Shaw Communications, Inc., Class B		49,246		1,265,130		0.2	%
Tourmaline Oil Corp.		49,686		2,799,499		0.5	%
West Fraser Timber Co. Ltd.		20,594		1,546,269		0.3	%
Whitecap Resources, Inc.		159,435		1,235,828		0.2	%
Yamana Gold, Inc.		275,277		1,208,321		0.2	%
Other Securities				36,116,827		6.4	%
TOTAL CANADA				50,560,040		8.9	%
CHILE — (0.1%)
Other Securities				633,668		0.1	%
CHINA — (5.8%)
Other Securities				32,973,778		5.8	%
COLOMBIA — (0.0%)
Other Securities				132,549		0.0	%
DENMARK — (1.7%)
Other Securities				9,498,918		1.7	%
FINLAND — (1.4%)
Valmet Oyj		47,799		1,087,104		0.2	%
Other Securities				6,922,780		1.2	%
TOTAL FINLAND				8,009,884		1.4	%
FRANCE — (3.9%)
Alstom SA		68,483		1,409,464		0.3	%
Bouygues SA		39,233		1,119,362		0.2	%
Carrefour SA		63,770		1,026,407		0.2	%
Eiffage SA		20,030		1,811,148		0.3	%

76

WORLD EX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
FRANCE — (Continued)
*      Renault SA		55,113	$	1,696,885		0.3	%
Other Securities				14,833,545		2.6	%
TOTAL FRANCE				21,896,811		3.9	%
GERMANY — (5.1%)
*      Commerzbank AG		337,220		2,694,286		0.5	%
W     Covestro AG		58,959		2,001,423		0.4	%
Fresenius Medical Care AG & Co. KGaA		47,923		1,325,578		0.2	%
HeidelbergCement AG		41,205		1,894,885		0.3	%
K&S AG		63,951		1,411,973		0.3	%
Rheinmetall AG		7,900		1,284,158		0.2	%
Other Securities				18,202,261		3.2	%
TOTAL GERMANY				28,814,564		5.1	%
GREECE — (0.1%)
Other Securities				616,920		0.1	%
HONG KONG — (1.5%)
Other Securities				8,626,606		1.5	%
HUNGARY — (0.0%)
Other Security				148,573		0.0	%
INDIA — (6.2%)
UPL Ltd		117,632		1,041,029		0.2	%
Other Securities				34,424,112		6.0	%
TOTAL INDIA				35,465,141		6.2	%
INDONESIA — (0.7%)
Other Securities				3,980,281		0.7	%
IRELAND — (0.8%)
Bank of Ireland Group PLC		330,642		2,380,825		0.4	%
Other Securities				2,158,573		0.4	%
TOTAL IRELAND				4,539,398		0.8	%
ISRAEL — (1.3%)
Other Securities				7,177,292		1.3	%
ITALY — (2.6%)
Banco BPM SpA		394,306		1,192,980		0.2	%
Mediobanca Banca di Credito Finanziario SpA		168,607		1,527,509		0.3	%
Other Securities				11,846,773		2.1	%
TOTAL ITALY				14,567,262		2.6	%
JAPAN — (17.2%)
Concordia Financial Group Ltd.		366,700		1,118,883		0.2	%
Sojitz Corp.		72,740		1,072,330		0.2	%
Other Securities				95,329,039		16.8	%
TOTAL JAPAN				97,520,252		17.2	%
MALAYSIA — (0.6%)
Other Securities				3,122,991		0.6	%

77

WORLD EX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
MEXICO — (0.8%)
Other Securities			$	4,250,539		0.8	%
NETHERLANDS — (1.9%)
W     ABN AMRO Bank NV		112,128		1,102,289		0.2	%
Aegon NV		419,896		1,943,765		0.4	%
ASR Nederland NV		43,712		1,924,765		0.3	%
Other Securities				5,939,140		1.0	%
TOTAL NETHERLANDS				10,909,959		1.9	%
NEW ZEALAND — (0.2%)
Other Securities				1,385,842		0.2	%
NORWAY — (0.9%)
Other Securities				4,990,076		0.9	%
PHILIPPINES — (0.2%)
Other Securities				1,137,782		0.2	%
POLAND — (0.2%)
Other Securities				1,009,810		0.2	%
PORTUGAL — (0.3%)
Other Securities				1,971,152		0.3	%
QATAR — (0.2%)
Other Securities				1,273,087		0.2	%
SAUDI ARABIA — (1.3%)
Other Securities				7,309,539		1.3	%
SINGAPORE — (0.7%)
Other Securities				3,951,060		0.7	%
SOUTH AFRICA — (1.1%)
Other Securities				5,999,431		1.1	%
SOUTH KOREA — (3.2%)
Other Securities				18,341,470		3.2	%
SPAIN — (1.3%)
Banco de Sabadell SA		1,583,992		1,246,291		0.2	%
Bankinter SA		197,117		1,192,352		0.2	%
Other Securities				5,040,325		0.9	%
TOTAL SPAIN				7,478,968		1.3	%
SWEDEN — (1.5%)
Other Securities				8,644,257		1.5	%
SWITZERLAND — (3.9%)
Baloise Holding AG		13,916		1,901,233		0.3	%
Julius Baer Group Ltd.		31,228		1,498,284		0.3	%
Swatch Group AG		7,058		1,585,999		0.3	%
Swiss Prime Site AG		16,975		1,369,762		0.3	%
Other Securities				15,801,712		2.7	%
TOTAL SWITZERLAND				22,156,990		3.9	%

78

WORLD EX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
TAIWAN — (5.1%)
Other Securities			$	29,148,900		5.1	%
THAILAND — (0.7%)
Other Securities				3,912,834		0.7	%
TURKEY — (0.2%)
Other Securities				1,296,493		0.2	%
UNITED ARAB EMIRATES — (0.4%)
Emaar Properties PJSC		908,458		1,499,641		0.3	%
Other Securities				1,009,511		0.1	%
TOTAL UNITED ARAB EMIRATES				2,509,152		0.4	%
UNITED KINGDOM — (8.7%)
Barratt Developments PLC		294,947		1,272,132		0.2	%
Beazley PLC		157,957		1,132,838		0.2	%
Centrica PLC		1,480,134		1,300,610		0.2	%
DS Smith PLC		398,008		1,327,325		0.2	%
J Sainsbury PLC		524,764		1,169,748		0.2	%
Johnson Matthey PLC		46,446		1,030,989		0.2	%
Kingfisher PLC		587,635		1,476,393		0.3	%
Melrose Industries PLC		1,024,099		1,373,709		0.3	%
Taylor Wimpey PLC		1,049,610		1,128,465		0.2	%
Other Securities				38,162,505		6.7	%
TOTAL UNITED KINGDOM				49,374,714		8.7	%
UNITED STATES — (0.1%)
Other Securities				600,952		0.1	%
TOTAL COMMON STOCKS				564,026,782		99.3	%
PREFERRED STOCKS — (0.4%)
BRAZIL — (0.1%)
Other Securities				733,993		0.1	%
GERMANY — (0.3%)
Other Securities				1,361,468		0.3	%
PHILIPPINES — (0.0%)
Other Security				13,984		0.0	%
SOUTH KOREA — (0.0%)
Other Securities				10,073		0.0	%
THAILAND — (0.0%)
Other Security				44,710		0.0	%
TOTAL PREFERRED STOCKS				2,164,228		0.4	%
RIGHTS/WARRANTS — (0.0%)
INDONESIA — (0.0%)
Other Security				371		0.0	%
MALAYSIA — (0.0%)
Other Securities				3,004		0.0	%

79

WORLD EX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (0.0%)
Other Security			$	3,118		0.0	%
TAIWAN — (0.0%)
Other Securities				1,238		0.0	%
THAILAND — (0.0%)
Other Securities				477		0.0	%
TOTAL RIGHTS/WARRANTS				8,208		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $652,274,007)				566,199,218
			Value†
SECURITIES LENDING COLLATERAL — (0.3%)
@§   The DFA Short Term Investment Fund		138,334		1,599,274		0.3	%
TOTAL INVESTMENTS—(100.0%) (Cost $653,873,721)			$	567,798,492		100.0	%

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	130,232	$	28,749,342		—	$	28,879,574
Austria		—		3,602,917		—		3,602,917
Belgium		493,178		6,676,753		—		7,169,931
Brazil		8,328,731		107,694		—		8,436,425
Canada		50,544,558		15,482		—		50,560,040
Chile		—		633,668		—		633,668
China		1,098,697		31,467,344	$	407,737		32,973,778
Colombia		132,549		—		—		132,549
Denmark		—		9,498,918		—		9,498,918
Finland		—		8,009,884		—		8,009,884
France		—		21,896,811		—		21,896,811
Germany		—		28,814,564		—		28,814,564
Greece		1,075		615,845		—		616,920
Hong Kong		179,447		8,413,363		33,796		8,626,606
Hungary		—		148,573		—		148,573
India		47,950		35,417,021		170		35,465,141
Indonesia		—		3,971,559		8,722		3,980,281
Ireland		—		4,539,398		—		4,539,398
Israel		125,586		7,051,706		—		7,177,292
Italy		840,988		13,726,274		—		14,567,262
Japan		169,817		97,350,435		—		97,520,252
Malaysia		—		3,122,991		—		3,122,991
Mexico		4,127,575		122,964		—		4,250,539
Netherlands		546,460		10,363,499		—		10,909,959
New Zealand		—		1,385,842		—		1,385,842
Norway		152,505		4,837,571		—		4,990,076
Philippines		—		1,137,782		—		1,137,782
Poland		—		1,009,810		—		1,009,810
Portugal		—		1,971,152		—		1,971,152
Qatar		—		1,273,087		—		1,273,087

80

WORLD EX U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Saudi Arabia	$	41,012	$	7,268,527		—		$	7,309,539
Singapore		—		3,950,379	$	681			3,951,060
South Africa		500,752		5,498,679		—			5,999,431
South Korea		—		18,311,267		30,203			18,341,470
Spain		—		7,478,968		—			7,478,968
Sweden		9,497		8,634,760		—			8,644,257
Switzerland		—		22,156,990		—			22,156,990
Taiwan		21,964		29,116,678		10,258			29,148,900
Thailand		3,851,514		61,320		—			3,912,834
Turkey		—		1,296,493		—			1,296,493
United Arab Emirates		—		2,509,152		—			2,509,152
United Kingdom		50,807		49,318,348		5,559			49,374,714
United States		339,801		261,151		—			600,952
Preferred Stocks
Brazil		719,339		14,654		—			733,993
Germany		—		1,361,468		—			1,361,468
Philippines		—		13,984		—			13,984
South Korea		—		10,073		—			10,073
Thailand		44,710		—		—			44,710
Rights/Warrants
Indonesia		—		371		—			371
Malaysia		—		3,004		—			3,004
South Korea		—		3,118		—			3,118
Taiwan		—		1,238		—			1,238
Thailand		—		477		—			477
Securities Lending Collateral		—		1,599,274		—			1,599,274
TOTAL	$	72,498,744	$	494,802,622	$	497,126	^	$	567,798,492

^ 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.

81

WORLD CORE EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group, Inc.		19,085,265	$	585,917,648
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		21,323,624		260,574,682
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		5,689,986		103,159,443
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $755,679,500)			$	949,651,773

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	949,651,773		—		—	$	949,651,773
TOTAL	$	949,651,773		—		—	$	949,651,773

See accompanying Notes to Financial Statements.

82

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group, Inc.		5,479,170	$	153,471,531
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		5,713,866		69,823,446
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc.		2,437,800		44,197,317
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $185,731,491)			$	267,492,294

As of October 31, 2022, 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:

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	9,217,982	HKD	72,313,000	Societe Generale		11/14/22	$	3,468
USD	259,057	NZD	433,658	Citibank, N.A.		11/15/22		6,870
NZD	22,030	USD	12,596	Citibank, N.A.		11/15/22		215
SEK	941,913	USD	83,956	Citibank, N.A.		11/17/22		1,435
USD	110,820	SEK	1,210,000	Citibank, N.A.		11/17/22		1,125
USD	1,754,501	SEK	18,850,040	UBS AG		11/17/22		45,610
USD	631,811	SGD	886,401	Societe Generale		12/12/22		5,493
USD	289,162	CHF	285,000	Bank of America Corp.		12/22/22		2,795
USD	248,862	CAD	336,000	Citibank, N.A.		12/22/22		2,083
USD	4,583,010	CHF	4,451,940	State Street Bank and Trust		12/22/22		109,726
USD	1,303,483	DKK	9,699,626	State Street Bank and Trust		01/03/23		8,717
USD	13,697,640	JPY	1,974,668,222	UBS AG		01/10/23		295,436
Total Appreciation							$	482,973
HKD	5,775,000	USD	735,945	Societe Generale		11/14/22	$	(63	)
USD	4,399,343	CAD	6,041,449	State Street Bank and Trust		12/22/22		(37,871	)
USD	83,474	DKK	626,000	HSBC Bank		01/03/23		(88	)
USD	633,623	ILS	2,253,832	HSBC Bank		01/10/23		(8,133	)
USD	619,497	NOK	6,527,873	Bank of America Corp.		01/17/23		(10,097	)
USD	15,922,865	EUR	16,173,803	State Street Bank and Trust		01/18/23		(165,274	)
USD	4,097,495	AUD	6,461,192	Morgan Stanley and Co. International		01/19/23		(46,399	)
USD	7,930,686	GBP	6,992,402	Citibank, N.A.		01/23/23		(111,036	)
Total (Depreciation)							$	(378,961	)
Total Appreciation (Depreciation)							$	104,012

As of October 31, 2022, Selectively Hedged Global 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		17		12/16/22	$	3,432,613	$	3,300,550	$	(132,063	)
Total Futures Contracts					$	3,432,613	$	3,300,550	$	(132,063	)

83

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	267,492,294			—		—	$	267,492,294
Forward Currency Contracts**		—		$	104,012		—		104,012
Futures Contracts**		(132,063	)		—		—		(132,063	)
TOTAL	$	267,360,231		$	104,012		—	$	267,464,243

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

See accompanying Notes to Financial Statements.

84

EMERGING MARKETS PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$	3,941,855,313
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	3,941,855,313

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

85

EMERGING MARKETS SMALL CAP PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company	$	3,511,977,837
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	3,511,977,837

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

86

EMERGING MARKETS VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in Dimensional Emerging Markets Value Fund	$	9,618,712,511
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	9,618,712,511

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

87

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (96.6%)
BRAZIL — (4.7%)
	Petroleo Brasileiro SA		16,003,488	$	103,044,432		0.5	%
	Petroleo Brasileiro SA, Sponsored ADR		776,944		8,942,625		0.1	%
	Petroleo Brasileiro SA, Sponsored ADR		1,228,197		15,745,486		0.1	%
	Vale SA		12,770,281		165,960,503		0.8	%
	Other Securities				715,852,064		3.3	%
TOTAL BRAZIL					1,009,545,110		4.8	%
CHILE — (0.5%)
	Other Securities				107,394,133		0.5	%
CHINA — (23.9%)
*	Alibaba Group Holding Ltd.		9,442,600		73,415,334		0.4	%
*	Alibaba Group Holding Ltd., Sponsored ADR		2,168,694		137,885,565		0.7	%
	Bank of China Ltd., Class H		204,333,702		65,811,219		0.3	%
	China Construction Bank Corp., Class H		370,130,302		196,423,801		1.0	%
	China Merchants Bank Co. Ltd., Class H		15,457,146		50,605,146		0.3	%
	China Petroleum & Chemical Corp., Class H		144,228,400		57,161,513		0.3	%
	China Resources Land Ltd.		15,028,610		47,021,260		0.2	%
	CSPC Pharmaceutical Group Ltd.		47,200,400		48,482,432		0.3	%
	Industrial & Commercial Bank of China Ltd., Class H		189,988,725		82,486,520		0.4	%
	Lenovo Group Ltd.		54,200,000		43,317,052		0.2	%
	PetroChina Co. Ltd., Class H		141,510,000		54,131,395		0.3	%
	Ping An Insurance Group Co. of China Ltd., Class H		29,572,500		118,390,265		0.6	%
	Tencent Holdings Ltd.		15,853,500		416,578,820		2.0	%
#	Yum China Holdings, Inc.		1,340,150		55,415,202		0.3	%
	Other Securities				3,637,141,287		17.0	%
TOTAL CHINA					5,084,266,811		24.3	%
COLOMBIA — (0.1%)
	Other Securities				23,264,568		0.1	%
CZECH REPUBLIC — (0.1%)
	Other Securities				26,171,069		0.1	%
EGYPT — (0.0%)
	Other Securities				8,280,521		0.1	%
GREECE — (0.3%)
	Other Securities				58,707,459		0.3	%
HONG KONG — (0.0%)
	Other Securities				1,022,743		0.0	%
HUNGARY — (0.1%)
	Other Securities				27,091,905		0.1	%
INDIA — (18.3%)
*	Adani Transmission Ltd.		1,316,212		53,352,277		0.3	%
	Axis Bank Ltd.		6,691,329		73,380,307		0.4	%
	Bharti Airtel Ltd.		6,547,243		65,844,249		0.3	%
	HCL Technologies Ltd.		3,068,049		38,529,778		0.2	%
	HDFC Bank Ltd.		5,287,973		95,917,177		0.5	%
	Housing Development Finance Corp. Ltd.		2,180,150		65,189,060		0.3	%

88

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
#	ICICI Bank Ltd., Sponsored ADR		4,405,288	$	97,092,548		0.5	%
	Infosys Ltd.		7,880,895		147,037,423		0.7	%
#	Infosys Ltd., Sponsored ADR		3,016,528		56,499,569		0.3	%
	ITC Ltd.		9,263,717		39,086,898		0.2	%
	Larsen & Toubro Ltd.		1,777,002		43,686,111		0.2	%
	Mahindra & Mahindra Ltd.		2,550,757		41,671,110		0.2	%
	Reliance Industries Ltd.		5,435,465		167,470,856		0.8	%
	Tata Consultancy Services Ltd.		2,268,008		87,173,506		0.4	%
	Other Securities				2,825,166,968		13.3	%
TOTAL INDIA					3,897,097,837		18.6	%
INDONESIA — (2.4%)
	Bank Central Asia Tbk PT		88,689,000		50,133,884		0.3	%
	Other Securities				461,099,656		2.1	%
TOTAL INDONESIA					511,233,540		2.4	%
MALAYSIA — (1.7%)
	Other Securities				354,089,493		1.7	%
MEXICO — (2.7%)
#	America Movil SAB de CV, Sponsored ADR, Class L		3,735,424		70,263,325		0.3	%
#	Grupo Financiero Banorte SAB de CV, Class O		5,618,112		45,734,881		0.2	%
	Other Securities				457,703,720		2.2	%
TOTAL MEXICO					573,701,926		2.7	%
PERU — (0.1%)
	Other Securities				22,996,071		0.1	%
PHILIPPINES — (0.8%)
	Other Securities				175,483,284		0.8	%
POLAND — (0.7%)
	Other Securities				145,889,285		0.7	%
QATAR — (0.8%)
	Qatar National Bank QPSC		7,622,173		41,736,328		0.2	%
	Other Securities				127,923,282		0.6	%
TOTAL QATAR					169,659,610		0.8	%
SAUDI ARABIA — (4.3%)
*	Al Rajhi Bank		2,891,961		65,577,726		0.3	%
*	Saudi Arabian Mining Co.		2,208,717		49,162,117		0.2	%
	Saudi Basic Industries Corp.		1,804,653		42,374,183		0.2	%
	Saudi Telecom Co.		3,909,678		42,004,778		0.2	%
	Other Securities				716,866,692		3.5	%
TOTAL SAUDI ARABIA					915,985,496		4.4	%
SOUTH AFRICA — (3.9%)
	MTN Group Ltd.		9,331,749		65,951,691		0.3	%
	Other Securities				758,242,670		3.6	%
TOTAL SOUTH AFRICA					824,194,361		3.9	%

89

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CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (11.6%)
	Hyundai Motor Co.		333,785	$	38,464,869		0.2	%
	KB Financial Group, Inc.		1,155,887		38,894,509		0.2	%
#	Samsung Electronics Co. Ltd.		15,458,884		643,396,027		3.1	%
#	SK Hynix, Inc.		2,150,179		124,477,108		0.6	%
	Other Securities				1,625,762,773		7.7	%
TOTAL SOUTH KOREA					2,470,995,286		11.8	%
TAIWAN — (15.3%)
#	Hon Hai Precision Industry Co. Ltd.		20,491,403		65,082,262		0.3	%
	MediaTek, Inc.		3,483,823		63,503,801		0.3	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		41,439,652		498,195,913		2.4	%
Sponsored ADR	Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		3,502,836		215,599,556		1.1	%
#	United Microelectronics Corp.		35,252,441		42,389,687		0.2	%
	Other Securities				2,380,820,232		11.3	%
TOTAL TAIWAN					3,265,591,451		15.6	%
THAILAND — (2.5%)
	Other Securities				538,182,738		2.6	%
TURKEY — (0.7%)
	Other Securities				157,024,803		0.8	%
UNITED ARAB EMIRATES — (1.1%)
	Other Securities				227,165,659		1.1	%
UNITED KINGDOM — (0.0%)
	Other Security				47,262		0.0	%
UNITED STATES — (0.0%)
	Other Security				5,482,691		0.0	%
TOTAL COMMON STOCKS					20,600,565,112		98.3	%
PREFERRED STOCKS — (1.4%)
BRAZIL — (1.4%)
	Itau Unibanco Holding SA		8,752,363		51,509,406		0.3	%
	Petroleo Brasileiro SA		22,001,222		126,968,624		0.6	%
	Other Securities				105,277,168		0.5	%
TOTAL BRAZIL					283,755,198		1.4	%
CHILE — (0.0%)
	Other Securities				2,311,051		0.0	%
COLOMBIA — (0.0%)
	Other Securities				5,490,540		0.0	%
PHILIPPINES — (0.0%)
	Other Security				737,556		0.0	%
SOUTH KOREA — (0.0%)
	Other Security				156,164		0.0	%
TAIWAN — (0.0%)
	Other Security				657,263		0.0	%

90

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
THAILAND — (0.0%)
Other Security.				$	780,921		0.0	%
TOTAL PREFERRED STOCKS					293,888,693		1.4	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
	Other Securities				74,716		0.0	%
INDIA — (0.0%)
	Other Security				154,070		0.0	%
INDONESIA — (0.0%)
	Other Security				8,990		0.0	%
MALAYSIA — (0.0%)
	Other Security				93,515		0.0	%
SAUDI ARABIA — (0.0%)
	Other Security				234,726		0.0	%
SOUTH KOREA — (0.0%)
	Other Securities				80,678		0.0	%
TAIWAN — (0.0%)
	Other Securities				73,176		0.0	%
THAILAND — (0.0%)
	Other Securities				9,133		0.0	%
TOTAL RIGHTS/WARRANTS					729,004		0.0	%
TOTAL INVESTMENT SECURITIES
	(Cost $19,809,570,804)				20,895,182,809
				Value†
SECURITIES LENDING COLLATERAL — (2.0%)
@§	The DFA Short Term Investment Fund		36,710,117		424,405,666		2.0	%
TOTAL INVESTMENTS—(100.0%) (Cost $20,234,153,262)				$	21,319,588,475		101.7	%

As of October 31, 2022, 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		942		12/16/22	$	177,158,776	$	182,889,300	$	5,730,524
Total Futures Contracts					$	177,158,776	$	182,889,300	$	5,730,524

91

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	1,006,117,558	$	3,427,552		—		$	1,009,545,110
Chile		32,172,806		75,221,327		—			107,394,133
China		422,148,177		4,646,599,282	$	15,519,352			5,084,266,811
Colombia		21,797,059		1,467,509		—			23,264,568
Czech Republic		—		26,171,069		—			26,171,069
Egypt		115,492		8,165,029		—			8,280,521
Greece		280,106		58,287,844		139,509			58,707,459
Hong Kong		—		1,022,743		—			1,022,743
Hungary		—		27,091,905		—			27,091,905
India		175,548,277		3,721,536,277		13,283			3,897,097,837
Indonesia		13,080,475		497,547,027		606,038			511,233,540
Malaysia		—		354,089,343		150			354,089,493
Mexico		570,637,306		3,041,887		22,733			573,701,926
Peru		22,995,632		—		439			22,996,071
Philippines		3,665,802		171,816,792		690			175,483,284
Poland		—		145,889,285		—			145,889,285
Qatar		—		169,659,610		—			169,659,610
Saudi Arabia		1,208,258		914,762,028		15,210			915,985,496
South Africa		73,897,560		750,296,801		—			824,194,361
South Korea		45,765,657		2,423,349,654		1,879,975			2,470,995,286
Taiwan		224,060,888		3,040,998,613		531,950			3,265,591,451
Thailand		523,565,825		14,616,913		—			538,182,738
Turkey		26,011		156,998,792		—			157,024,803
United Arab Emirates		—		227,165,659		—			227,165,659
United Kingdom		—		47,262		—			47,262
United States		—		5,482,691		—			5,482,691
Preferred Stocks
Brazil		283,425,480		329,718		—			283,755,198
Chile		—		2,311,051		—			2,311,051
Colombia		5,490,540		—		—			5,490,540
Philippines		—		737,556		—			737,556
South Korea		—		156,164		—			156,164
Taiwan		—		657,263		—			657,263
Thailand		780,921		—		—			780,921
Rights/Warrants
Brazil		—		74,716		—			74,716
India		—		154,070		—			154,070
Indonesia		—		8,990		—			8,990
Malaysia		—		93,515		—			93,515
Saudi Arabia		—		234,726		—			234,726
South Korea		—		80,678		—			80,678
Taiwan		—		73,176		—			73,176
Thailand		—		9,133		—			9,133
Securities Lending Collateral		—		424,405,666		—			424,405,666
Futures Contracts**		5,730,524		—		—			5,730,524
TOTAL	$	3,432,510,354	$	17,874,079,316	$	18,729,329	^	$	21,325,318,999

^** 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.

92

EMERGING MARKETS TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.7%)
BRAZIL — (5.4%)
	Hypera SA		51,100	$	502,641		0.3	%
	Rumo SA		176,928		758,336		0.4	%
	Vibra Energia SA		182,505		644,800		0.4	%
	Other Securities				8,434,086		4.3	%
TOTAL BRAZIL					10,339,863		5.4	%
CHILE — (0.4%)
	Other Securities				818,273		0.4	%
CHINA — (20.9%)
	China National Building Material Co. Ltd., Class H		788,000		457,565		0.3	%
	Geely Automobile Holdings Ltd.		865,000		930,897		0.5	%
	Kingsoft Corp. Ltd.		164,200		497,221		0.3	%
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		313,200		431,522		0.2	%
	Sinopharm Group Co. Ltd., Class H		263,200		499,320		0.3	%
*	Trip.com Group Ltd.		53,700		1,206,226		0.7	%
	Wharf Holdings Ltd.		220,000		629,969		0.4	%
	Other Securities				35,799,610		18.6	%
TOTAL CHINA					40,452,330		21.3	%
COLOMBIA — (0.0%)
	Other Securities				100,700		0.1	%
GREECE — (0.4%)
	Other Securities				750,795		0.4	%
INDIA — (20.3%)
*	Adani Transmission Ltd.		25,846		1,047,660		0.6	%
	Bharat Electronics Ltd.		428,979		554,901		0.3	%
	Cholamandalam Investment & Finance Co. Ltd.		54,401		468,371		0.3	%
	Cipla Ltd.		57,177		807,122		0.4	%
	Dr Reddy’s Laboratories Ltd., ADR		14,776		802,485		0.4	%
	Federal Bank Ltd.		279,886		444,947		0.2	%
	GAIL India Ltd.		419,667		461,082		0.3	%
	Hero MotoCorp Ltd.		16,291		527,932		0.3	%
	IndusInd Bank Ltd.		46,184		638,799		0.4	%
	JSW Energy Ltd.		106,314		432,885		0.2	%
	Shriram Transport Finance Co. Ltd.		33,751		501,056		0.3	%
	Tata Consumer Products Ltd.		81,284		757,134		0.4	%
	UPL Ltd.		78,979		698,955		0.4	%
	Zee Entertainment Enterprises Ltd.		155,262		493,052		0.3	%
	Other Securities				30,513,929		15.8	%
TOTAL INDIA					39,150,310		20.6	%
INDONESIA — (2.5%)
	Other Securities				4,790,159		2.5	%
MALAYSIA — (1.8%)
	Other Securities				3,504,747		1.9	%
MEXICO — (2.2%)
	Other Securities				4,251,029		2.2	%

93

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED

						Percentage
		Shares		Value»		of Net Assets‡
PHILIPPINES — (0.7%)
	Other Securities			$	1,385,004		0.7	%
POLAND — (0.6%)
	Other Securities				1,202,377		0.6	%
QATAR — (1.1%)
	Other Securities				2,194,062		1.2	%
SAUDI ARABIA — (4.5%)
	Arab National Bank		107,826		925,879		0.5	%
	Bank Al-Jazira		85,886		534,358		0.3	%
	Etihad Etisalat Co.		69,362		675,279		0.4	%
	Sahara International Petrochemical Co.		54,473		586,449		0.3	%
	Saudi Investment Bank		98,381		474,588		0.3	%
*	Saudi Kayan Petrochemical Co.		156,893		549,596		0.3	%
	Yanbu National Petrochemical Co.		41,887		498,033		0.3	%
	Other Securities				4,456,664		2.2	%
TOTAL SAUDI ARABIA					8,700,846		4.6	%
SOUTH AFRICA — (3.7%)
	Aspen Pharmacare Holdings Ltd.		60,599		498,483		0.3	%
	Nedbank Group Ltd.		62,252		736,989		0.4	%
	Other Securities				5,820,377		3.0	%
TOTAL SOUTH AFRICA					7,055,849		3.7	%
SOUTH KOREA — (11.3%)
*	Hanwha Solutions Corp.		16,504		545,435		0.3	%
	Other Securities				21,247,101		11.2	%
TOTAL SOUTH KOREA					21,792,536		11.5	%
TAIWAN — (17.6%)
	Asia Cement Corp.		410,000		474,077		0.3	%
	AUO Corp.		1,236,000		645,051		0.4	%
	Catcher Technology Co. Ltd.		107,000		562,078		0.3	%
#	Compal Electronics, Inc.		784,000		512,790		0.3	%
	Far Eastern New Century Corp.		561,000		559,153		0.3	%
	Innolux Corp.		1,648,005		604,376		0.3	%
	Lite-On Technology Corp.		265,000		524,761		0.3	%
	Pegatron Corp.		360,000		658,108		0.4	%
	Shanghai Commercial & Savings Bank Ltd.		302,000		434,670		0.2	%
	Shin Kong Financial Holding Co. Ltd.		2,347,698		582,046		0.3	%
	SinoPac Financial Holdings Co. Ltd.		1,557,420		777,082		0.4	%
	Taishin Financial Holding Co. Ltd.		1,726,532		708,556		0.4	%
	Walsin Lihwa Corp.		437,607		484,068		0.3	%
	Yageo Corp.		54,122		613,581		0.3	%
	Other Securities				25,795,665		13.4	%
TOTAL TAIWAN					33,936,062		17.9	%
THAILAND — (2.3%)
	Other Securities				4,403,992		2.3	%
TURKEY — (1.0%)
	Other Securities				1,895,539		1.0	%

94

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED

						Percentage
		Shares		Value»		of Net Assets‡
UNITED ARAB EMIRATES — (2.0%)
	Aldar Properties PJSC		631,225	$	742,492		0.4	%
	Emaar Properties PJSC		777,690		1,283,775		0.7	%
	Other Securities				1,777,186		0.9	%
TOTAL UNITED ARAB EMIRATES					3,803,453		2.0	%
TOTAL COMMON STOCKS					190,527,926		100.3	%
PREFERRED STOCKS — (0.4%)
BRAZIL — (0.4%)
	Other Securities				785,297		0.4	%
PHILIPPINES — (0.0%)
	Other Security				13,120		0.0	%
THAILAND — (0.0%)
	Other Security				85,386		0.1	%
TOTAL PREFERRED STOCKS					883,803		0.5	%
RIGHTS/WARRANTS — (0.0%)
INDONESIA — (0.0%)
	Other Security				233		0.0	%
MALAYSIA — (0.0%)
	Other Security				2,374		0.0	%
SOUTH KOREA — (0.0%)
	Other Securities				1,778		0.0	%
TAIWAN — (0.0%)
	Other Securities				9,210		0.0	%
TOTAL RIGHTS/WARRANTS					13,595		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $204,323,991)					191,425,324
				Value†
SECURITIES LENDING COLLATERAL — (0.9%)
@§	The DFA Short Term Investment Fund		144,101		1,665,954		0.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $205,990,546)				$	193,091,278		101.7	%

Summary of the Portfolio’s investments as of October 31, 2022, 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	$	10,267,333	$	72,530		—	$	10,339,863
Chile		—		818,273		—		818,273
China		1,842,332		38,335,145	$	274,853		40,452,330
Colombia		100,700		—		—		100,700
Greece		1,241		749,554		—		750,795

95

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
India	$	967,941	$	38,182,369		—		$	39,150,310
Indonesia		—		4,783,535	$	6,624			4,790,159
Malaysia		—		3,504,747		—			3,504,747
Mexico		3,954,965		296,064		—			4,251,029
Philippines		—		1,385,004		—			1,385,004
Poland		—		1,202,377		—			1,202,377
Qatar		—		2,194,062		—			2,194,062
Saudi Arabia		17,844		8,683,002		—			8,700,846
South Africa		231,595		6,824,254		—			7,055,849
South Korea		—		21,760,523		32,013			21,792,536
Taiwan		19,960		33,901,463		14,639			33,936,062
Thailand		4,337,608		66,384		—			4,403,992
Turkey		—		1,895,539		—			1,895,539
United Arab Emirates		—		3,793,994		9,459			3,803,453
Preferred Stocks
Brazil		785,297		—		—			785,297
Philippines		—		13,120		—			13,120
Thailand		85,386		—		—			85,386
Rights/Warrants
Indonesia		—		233		—			233
Malaysia		—		2,374		—			2,374
South Korea		—		1,778		—			1,778
Taiwan		—		9,210		—			9,210
Securities Lending Collateral		—		1,665,954		—			1,665,954
TOTAL	$	22,612,202	$	170,141,488	$	337,588	^	$	193,091,278

^{^}  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.

96

EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (97.0%)
BRAZIL — (6.8%)
	Petroleo Brasileiro SA		322,824	$	2,078,623		0.5	%
	Petroleo Brasileiro SA, Sponsored ADR		116,653		1,342,676		0.3	%
	Petroleo Brasileiro SA, Sponsored ADR		83,286		1,067,727		0.3	%
#	Vale SA, Sponsored ADR		258,814		3,349,053		0.8	%
	Other Securities				21,327,422		5.0	%
TOTAL BRAZIL					29,165,501		6.9	%
CHILE — (0.7%)
	Other Securities				2,899,353		0.7	%
COLOMBIA — (0.2%)
	Other Securities				670,002		0.2	%
CZECH REPUBLIC — (0.1%)
	Other Securities				585,166		0.1	%
EGYPT — (0.0%)
	Other Security				126,476		0.0	%
GREECE — (0.4%)
	Other Securities				1,742,300		0.4	%
HUNGARY — (0.2%)
	Other Securities				785,146		0.2	%
INDIA — (24.2%)
	Axis Bank Ltd.		191,239		2,097,218		0.5	%
	Bajaj Finance Ltd.		13,464		1,164,138		0.3	%
	Bharti Airtel Ltd.		211,484		2,126,850		0.5	%
	HCL Technologies Ltd.		83,557		1,049,342		0.3	%
	HDFC Bank Ltd.		133,718		2,425,476		0.6	%
	Housing Development Finance Corp. Ltd.		66,733		1,995,396		0.5	%
	ICICI Bank Ltd., Sponsored ADR		119,069		2,624,281		0.6	%
	Infosys Ltd.		240,612		4,489,207		1.1	%
	Infosys Ltd., Sponsored ADR		66,993		1,254,779		0.3	%
	ITC Ltd.		254,201		1,072,564		0.3	%
	Kotak Mahindra Bank Ltd.		41,798		962,200		0.2	%
	Larsen & Toubro Ltd.		58,735		1,443,951		0.4	%
	Mahindra & Mahindra Ltd.		60,182		983,179		0.2	%
	Reliance Industries Ltd.		45,741		1,409,315		0.3	%
W	Reliance Industries Ltd., GDR		38,821		2,370,022		0.6	%
	Tata Consultancy Services Ltd.		51,433		1,976,887		0.5	%
	Tata Steel Ltd.		838,000		1,023,263		0.3	%
	Titan Co. Ltd.		28,688		958,476		0.2	%
	Other Securities				72,922,110		16.9	%
TOTAL INDIA					104,348,654		24.6	%
INDONESIA — (3.3%)
	Bank Central Asia Tbk PT		1,991,500		1,125,750		0.3	%
	Bank Mandiri Persero Tbk PT		1,802,300		1,217,549		0.3	%
	Other Securities				11,833,856		2.7	%
TOTAL INDONESIA					14,177,155		3.3	%

97

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CONTINUED

						Percentage
		Shares		Value»		of Net Assets‡
MALAYSIA — (2.1%)
	Other Securities			$	8,961,785		2.1	%
MEXICO — (2.8%)
	America Movil SAB de CV, Sponsored ADR, Class L		104,835		1,971,946		0.5	%
	Grupo Financiero Banorte SAB de CV, Class O		162,996		1,326,888		0.3	%
	Other Securities				8,962,693		2.1	%
TOTAL MEXICO					12,261,527		2.9	%
PERU — (0.1%)
	Other Securities				237,093		0.1	%
PHILIPPINES — (1.0%)
	Other Securities				4,112,812		1.0	%
POLAND — (0.8%)
	Other Securities				3,537,189		0.8	%
QATAR — (1.6%)
	Qatar National Bank QPSC		329,993		1,806,925		0.4	%
	Other Securities				5,216,024		1.3	%
TOTAL QATAR.					7,022,949		1.7	%
SAUDI ARABIA — (5.9%)
*	Al Rajhi Bank		89,608		2,031,939		0.5	%
*	Saudi Arabian Mining Co.		68,181		1,517,588		0.4	%
W	Saudi Arabian Oil Co.		133,379		1,237,826		0.3	%
	Saudi Basic Industries Corp.		69,634		1,635,042		0.4	%
	Saudi Telecom Co.		127,633		1,371,263		0.3	%
	Other Securities				17,744,710		4.1	%
TOTAL SAUDI ARABIA					25,538,368		6.0	%
SOUTH AFRICA — (4.6%)
	Sasol Ltd.		59,057		992,751		0.2	%
	Other Securities				18,745,655		4.4	%
TOTAL SOUTH AFRICA					19,738,406		4.6	%
SOUTH KOREA — (15.2%)
	Hyundai Motor Co.		10,521		1,212,424		0.3	%
	KB Financial Group, Inc.		29,343		987,365		0.3	%
	Kia Corp.		26,819		1,246,300		0.3	%
	POSCO Holdings, Inc.		7,405		1,290,623		0.3	%
	Samsung Electronics Co. Ltd.		262,210		10,913,134		2.6	%
	Samsung Electronics Co. Ltd., GDR		5,450		5,632,575		1.4	%
	Shinhan Financial Group Co. Ltd.		46,251		1,175,541		0.3	%
	SK Hynix, Inc.		60,505		3,502,726		0.8	%
	Other Securities				39,357,126		9.1	%
TOTAL SOUTH KOREA					65,317,814		15.4	%
TAIWAN — (20.4%)
	ASE Technology Holding Co. Ltd.		391,000		965,437		0.2	%
	CTBC Financial Holding Co. Ltd.		1,750,000		1,105,539		0.3	%
	Hon Hai Precision Industry Co. Ltd.		485,000		1,540,397		0.4	%
	MediaTek, Inc.		122,000		2,223,840		0.5	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		1,544,000		18,562,282		4.4	%

98

EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO

CONTINUED

						Percentage
		Shares		Value»		of Net Assets‡
TAIWAN — (Continued)
	Other Securities			$	63,673,583		14.9	%
TOTAL TAIWAN					88,071,078		20.7	%
THAILAND — (3.3%)
	PTT PCL		1,000,500		946,348		0.2	%
	Other Securities				13,291,591		3.2	%
TOTAL THAILAND					14,237,939		3.4	%
TURKEY — (1.4%)
	Other Securities				5,854,911		1.4	%
UNITED ARAB EMIRATES — (1.9%)
	Emirates Telecommunications Group Co. PJSC		193,788		1,361,953		0.3	%
	Other Securities				6,750,905		1.6	%
TOTAL UNITED ARAB EMIRATES					8,112,858		1.9	%
TOTAL COMMON STOCKS					417,504,482		98.4	%
PREFERRED STOCKS — (1.5%)
BRAZIL — (1.5%)
	Itau Unibanco Holding SA		229,500		1,350,653		0.3	%
	Petroleo Brasileiro SA		393,214		2,269,230		0.6	%
	Other Securities				2,618,132		0.6	%
TOTAL BRAZIL					6,238,015		1.5	%
CHILE — (0.0%)
	Other Securities				160,446		0.0	%
COLOMBIA — (0.0%)
	Other Securities				50,643		0.0	%
TOTAL PREFERRED STOCKS.					6,449,104		1.5	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
	Other Securities				1,566		0.0	%
INDIA — (0.0%)
	Other Security				3,126		0.0	%
INDONESIA — (0.0%)
	Other Security				179		0.0	%
MALAYSIA — (0.0%)
	Other Security				1,996		0.0	%
SAUDI ARABIA — (0.0%)
	Other Security				5,664		0.0	%
SOUTH KOREA — (0.0%)
	Other Securities				4,477		0.0	%

99

EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO

CONTINUED

						Percentage
		Shares		Value»		of Net Assets‡
TAIWAN — (0.0%)
	Other Securities			$	5,466		0.0	%
TOTAL RIGHTS/WARRANTS					22,474		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $500,395,215)					423,976,060
				Value†
SECURITIES LENDING COLLATERAL — (1.5%)
@§	The DFA Short Term Investment Fund		574,173		6,638,018		1.6	%
TOTAL INVESTMENTS—(100.0%) (Cost $507,035,752)				$	430,614,078		101.5	%

Summary of the Portfolio’s investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Common Stocks
Brazil	$	29,003,617	$	161,884		—	$	29,165,501
Chile		1,017,344		1,882,009		—		2,899,353
Colombia		654,172		15,830		—		670,002
Czech Republic		—		585,166		—		585,166
Egypt		126,476		—		—		126,476
Greece		1,253		1,741,047		—		1,742,300
Hungary		—		785,146		—		785,146
India		9,276,266		95,072,388		—		104,348,654
Indonesia		107,496		14,066,877	$	2,782		14,177,155
Malaysia		—		8,961,785		—		8,961,785
Mexico		12,261,527		—		—		12,261,527
Peru		237,093		—		—		237,093
Philippines		120,730		3,992,082		—		4,112,812
Poland		—		3,537,189		—		3,537,189
Qatar		—		7,022,949		—		7,022,949
Saudi Arabia		24,185		25,514,183		—		25,538,368
South Africa		2,040,160		17,698,246		—		19,738,406
South Korea		6,281,726		58,994,492		41,596		65,317,814
Taiwan		810,599		87,260,479		—		88,071,078
Thailand		13,768,163		469,776		—		14,237,939
Turkey		—		5,854,911		—		5,854,911
United Arab Emirates		—		8,112,858		—		8,112,858
Preferred Stocks
Brazil		6,219,649		18,366		—		6,238,015
Chile		—		160,446		—		160,446
Colombia		50,643		—		—		50,643
Rights/Warrants
Brazil		—		1,566		—		1,566
India		—		3,126		—		3,126
Indonesia		—		179		—		179
Malaysia		—		1,996		—		1,996
Saudi Arabia		—		5,664		—		5,664
South Korea		—		4,477		—		4,477

100

EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO

CONTINUED

	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Taiwan		—	$	5,466		—		$	5,466
Securities Lending Collateral		—		6,638,018		—			6,638,018
TOTAL	$	82,001,099	$	348,568,601	$	44,378	^	$	430,614,078

^ 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.

101

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	Large Cap International Portfolio*		International Core Equity Portfolio*			Global Small Company Portfolio		International Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		—		$	82,880	$	9,250,230
Investment Securities at Value (including $271,051, $1,674,248, $0 and $0 of securities on loan, respectively)	$	4,736,653	$	25,829,542			—		—
Temporary Cash Investments at Value & Cost		—		—			—		60,674
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $246,175, $1,477,224, $0 and $0, respectively)		246,081		1,476,616			—		—
Segregated Cash for Futures Contracts		2,630		12,540			—		2,820
Foreign Currencies at Value		34,338		194,770			—		—
Cash		5,714		58,431			51		—
Receivables:
Investment Securities Sold		22,789		115,742			—		—
Dividends, Interest and Tax Reclaims		22,495		124,940			—		172
Securities Lending Income		208		1,580			—		—
Fund Shares Sold		5,574		18,797			1		18,258
Unrealized Gain on Foreign Currency Contracts		8		—			—		—
Prepaid Expenses and Other Assets		33		239			3		63
Total Assets		5,076,523		27,833,197			82,935		9,332,217
LIABILITIES:
Payables:
Upon Return of Securities Loaned		249,563		1,565,282			—		—
Investment Securities Purchased		—		15,669			—		—
Fund Shares Redeemed		4,704		36,527			—		9,425
Due to Advisor		560		4,344			10		1,934
Futures Margin Variation		727		1,771			—		398
Unrealized Loss on Foreign Currency Contracts		7		—			—		—
Accrued Expenses and Other Liabilities		284		1,398			5		365
Total Liabilities		255,845		1,624,991			15		12,122
NET ASSETS	$	4,820,678	$	26,208,206		$	82,920	$	9,320,095
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares - based on net assets of $4,820,678; $26,208,206; $82,920 and $9,320,095 and shares outstanding of 228,945,808, 2,144,659,375, 6,620,977 and 585,184,804, respectively	$	21.06	$	12.22		$	12.52	$	15.93
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	$	—	$	—		$	79,350		N/A
Investment Securities at Cost	$	4,069,492	$	25,579,747			N/A		N/A
Foreign Currencies at Cost	$	34,350	$	197,143		$	—	$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,638,134	$	27,030,210		$	80,078	$	10,058,928
Total Distributable Earnings (Loss)		182,544		(822,004	)		2,842		(738,833	)
NET ASSETS	$	4,820,678	$	26,208,206		$	82,920	$	9,320,095

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

See accompanying Notes to Financial Statements.

102

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	Japanese Small Company Portfolio			Asia Pacific Small Company Portfolio			United Kingdom Small Company Portfolio			Continental Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	267,617		$	230,258		$	18,406		$	616,480
Receivables:
Fund Shares Sold		—			—			—			15
Prepaid Expenses and Other Assets		9			8			8			9
Total Assets		267,626			230,266			18,414			616,504
LIABILITIES:
Payables:
Fund Shares Redeemed		—			—			6			32
Due to Advisor		56			49			7			125
Accrued Expenses and Other Liabilities		19			15			3			24
Total Liabilities		75			64			16			181
NET ASSETS	$	267,551		$	230,202		$	18,398		$	616,323
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $267,551; $230,202; $18,398 and $616,323 and shares outstanding of 14,318,191, 13,233,989, 925,079 and 25,955,141, respectively	$	18.69		$	17.39		$	19.89		$	23.75
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	$	284,996		$	283,447		$	25,349		$	667,576
Total Distributable Earnings (Loss)		(17,445	)		(53,245	)		(6,951	)		(51,253	)
NET ASSETS	$	267,551		$	230,202		$	18,398		$	616,323

See accompanying Notes to Financial Statements.

103

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	DFA International Real Estate Securities Portfolio*			DFA Global Real Estate Securities Portfolio*			DFA International Small Cap Value Portfolio*			International Vector Equity Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	3,036,868			—			—
Investment Securities at Value (including $278,311, $189,598, $355,881 and $193,585 of securities on loan, respectively)	$	4,375,092			4,788,337		$	9,478,103		$	2,848,525
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $260,057, $194,392, $279,355 and $159,496, respectively)		259,980			194,324			279,235			159,430
Segregated Cash for Futures Contracts		2,130			1,720			6,798			900
Foreign Currencies at Value		35,964			—			92,939			3,314
Cash		10,399			44,231			24,751			20,867
Receivables:
Investment Securities Sold		39,092			13,536			17,417			6,569
Dividends, Interest and Tax Reclaims		21,545			3,323			60,938			14,708
Securities Lending Income		285			53			348			213
Fund Shares Sold		11,321			16,303			9,704			4,690
Prepaid Expenses and Other Assets		14			65			75			75
Total Assets		4,755,822			8,098,760			9,970,308			3,059,291
LIABILITIES:
Payables:
Upon Return of Securities Loaned		299,241			207,964			294,176			165,207
Investment Securities Purchased		—			11,647			—			122
Fund Shares Redeemed		2,569			6,679			6,032			9,629
Due to Advisor		877			779			3,137			714
Futures Margin Variation		794			243			1,312			470
Accrued Expenses and Other Liabilities		193			375			951			218
Total Liabilities		303,674			227,687			305,608			176,360
NET ASSETS	$	4,452,148		$	7,871,073		$	9,664,700		$	2,882,931
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $4,452,148; $7,871,073; $9,664,700 and $2,882,931 and shares outstanding of 1,317,084,678, 798,063,859, 575,085,885 and 270,161,942, respectively	$	3.38		$	9.86		$	16.81		$	10.67
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	$	—		$	3,904,561		$	—		$	—
Investment Securities at Cost	$	5,316,255		$	4,359,991		$	10,024,140		$	2,790,322
Foreign Currencies at Cost	$	36,138		$	—		$	91,827		$	3,304
NET ASSETS CONSIST OF:
Paid-In Capital	$	6,452,281		$	8,122,995		$	10,331,070		$	2,852,170
Total Distributable Earnings (Loss)		(2,000,133	)		(251,922	)		(666,370	)		30,761
NET ASSETS	$	4,452,148		$	7,871,073		$	9,664,700		$	2,882,931

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

See accompanying Notes to Financial Statements.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	International High Relative Profitability Portfolio*			World ex U.S. Value Portfolio			World ex U.S. Core Equity Portfolio*			World ex U.S. Targeted Value Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	194,049			—			—
Investment Securities at Value (including $118,618, $0, $205,779 and $4,638 of securities on loan, respectively)	$	1,600,204			—		$	3,085,520		$	566,199
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $113,856, $0, $167,369 and $1,600, respectively)		113,814			—			167,297			1,599
Segregated Cash for Futures Contracts		—			—			1,280			—
Foreign Currencies at Value		1,460			—			19,235			409
Cash		272			232			—			683
Receivables:
Investment Securities Sold		14,747			—			19,579			364
Dividends, Interest and Tax Reclaims		6,017			—			11,497			2,815
Securities Lending Income		82			—			236			13
Fund Shares Sold		1,384			10			1,950			710
Futures Margin Variation		44			—			—			—
Unrealized Gain on Foreign Currency Contracts		—			—			3			—
Prepaid Expenses and Other Assets		21			16			14			23
Total Assets		1,738,045			194,307			3,306,611			572,815
LIABILITIES:
Payables:
Upon Return of Securities Loaned		128,519			—			175,641			1,876
Investment Securities Purchased		—			—			95			4
Fund Shares Redeemed		2,434			19			954			2,415
Due to Advisor		337			22			654			192
Futures Margin Variation		—			—			363			—
Unrealized Loss on Foreign Currency Contracts		—			—			1			—
Deferred Taxes Payable		—			—			6,517			676
Accrued Expenses and Other Liabilities		121			7			326			95
Total Liabilities		131,411			48			184,551			5,258
NET ASSETS	$	1,606,634		$	194,259		$	3,122,060		$	567,557
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,606,634; $194,259; $3,122,060 and $567,557 and shares outstanding of 158,787,777, 19,167,782, 301,635,921 and 51,502,884, respectively	$	10.12		$	10.14		$	10.35		$	11.02
NUMBER OF SHARES AUTHORIZED		500,000,000			1,000,000,000			1,500,000,000			1,000,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	194,249		$	—		$	—
Investment Securities at Cost	$	1,645,167			N/A		$	3,168,684		$	652,274
Foreign Currencies at Cost	$	1,468		$	—		$	19,871		$	394
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,707,462		$	204,707		$	3,250,371		$	665,983
Total Distributable Earnings (Loss)		(100,828	)		(10,448	)		(128,311	)		(98,426	)
NET ASSETS	$	1,606,634		$	194,259		$	3,122,060		$	567,557

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

See accompanying Notes to Financial Statements.

105

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	World Core Equity Portfolio		Selectively Hedged Global Equity Portfolio		Emerging Markets Portfolio		Emerging Markets Small Cap Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	949,652	$	267,492	$	3,941,855	$	3,511,978
Segregated Cash for Futures Contracts		—		170		—		—
Cash		—		2,999		—		—
Receivables:
Investment Securities/Affiliated Investment Companies Sold		743		—		—		—
Dividends and Interest		1		—		—		—
Fund Shares Sold		516		17		7,231		3,878
Unrealized Gain on Forward Currency Contracts		—		483		—		—
Prepaid Expenses and Other Assets		8		18		49		30
Total Assets		950,920		271,179		3,949,135		3,515,886
LIABILITIES:
Payables:
Due to Custodian		50		—		—		—
Fund Shares Redeemed		1,787		46		9,508		2,829
Due to Advisor		36		10		638		979
Futures Margin Variation		—		24		—		—
Unrealized Loss on Forward Currency Contracts		—		379		—		—
Accrued Expenses and Other Liabilities		30		12		208		169
Total Liabilities		1,903		471		10,354		3,977
NET ASSETS	$	949,017	$	270,708	$	3,938,781	$	3,511,909
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $949,017; $270,708; $3,938,781 and $3,511,909 and shares outstanding of 52,015,659, 14,966,292, 172,920,833 and 187,198,138, respectively	$	18.24	$	18.09	$	22.78	$	18.76
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	$	755,680	$	185,731		N/A		N/A
NET ASSETS CONSIST OF:
Paid-In Capital	$	770,696	$	170,614	$	3,097,945	$	3,681,224
Total Distributable Earnings (Loss)		178,321		100,094		840,836		(169,315	)
NET ASSETS	$	949,017	$	270,708	$	3,938,781	$	3,511,909

See accompanying Notes to Financial Statements.

106

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	Emerging Markets Value Portfolio			Emerging Markets Core Equity Portfolio*			Emerging Markets Targeted Value Portfolio*			Emerging Markets ex China Core Equity Portfolio*
ASSETS:
Investments in Affiliated Investment Companies at Value	$	9,618,713			—			—			—
Investment Securities at Value (including $0, $1,050,726, $3,524 and $6,684 of securities on loan, respectively)		—		$	20,895,182		$	191,425		$	423,976
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $0, $424,582, $1,667 and $6,641, respectively)		—			424,406			1,666			6,638
Segregated Cash for Futures Contracts		—			9,420			—			—
Foreign Currencies at Value		—			170,221			501			936
Cash		—			29,782			—			1,557
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			37,153			1,162			281
Dividends and Interest		—			24,426			175			373
Securities Lending Income		—			3,213			13			8
Fund Shares Sold		17,320			48,382			444			1,096
Due from Advisor		—			—			—			76
Unrealized Gain on Foreign Currency Contracts		—			—			—			1
Deferred Offering Costs		—			—			—			4
Prepaid Expenses and Other Assets		71			174			19			29
Total Assets		9,636,104			21,642,359			195,405			434,975
LIABILITIES:
Payables:
Due to Custodian		—			—			8			—
Upon Return of Securities Loaned		—			436,254			1,691			6,829
Investment Securities/Affiliated Investment Companies Purchased		—			6,762			85			1,330
Fund Shares Redeemed		20,166			69,671			1,448			2,275
Due to Advisor		2,344			6,036			86			—
Line of Credit		—			—			916			—
Futures Margin Variation		—			1,330			—			—
Unrealized Loss on Foreign Currency Contracts		—			1			1			1
Deferred Taxes Payable		—			150,588			1,201			—
Accrued Expenses and Other Liabilities		513			3,142			43			93
Total Liabilities		23,023			673,784			5,479			10,528
NET ASSETS	$	9,613,081		$	20,968,575		$	189,926		$	424,447
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $12,956; $0; $0 and $0 and shares outstanding of 541,782, 0, 0 and 0, respectively	$	23.91			N/A			N/A			N/A
NUMBER OF SHARES AUTHORIZED		200,000,000			N/A			N/A			N/A
Institutional Class Shares — based on net assets of $9,600,125; $20,968,575; $189,926 and $424,447 and shares outstanding of 398,774,576, 1,156,722,142, 20,443,999 and 54,695,607, respectively	$	24.08		$	18.13		$	9.29		$	7.76
NUMBER OF SHARES AUTHORIZED		3,000,000,000			5,000,000,000			500,000,000			500,000,000
Investment Securities at Cost		N/A		$	19,809,571		$	204,324		$	500,395
Foreign Currencies at Cost	$	—		$	171,829		$	529		$	936
NET ASSETS CONSIST OF:
Paid-In Capital	$	11,465,637		$	22,326,559		$	198,484		$	521,039
Total Distributable Earnings (Loss)		(1,852,556	)		(1,357,984	)		(8,558	)		(96,592	)
NET ASSETS	$	9,613,081		$	20,968,575		$	189,926		$	424,447

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

See accompanying Notes to Financial Statements.

107

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	Large Cap International Portfolio#			International Core Equity Portfolio#			Global Small Company Portfolio*			International Small Company Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $0, $118 and $32,864, respectively)		—			—		$	1,111		$	351,462
Income from Securities Lending		—			—			66			11,450
Expenses Allocated from Affiliated Investment Companies		—			—			(59	)		(13,461	)
Income Distributions Received from Affiliated Investment Companies		—			—			562			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			1,680			349,451
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $16,759, $96,986, $0 and $0, respectively)	$	180,893		$	1,071,227			—			—
Income from Securities Lending		1,993			17,140			—			—
Total Fund Investment Income		182,886			1,088,367			—			—
Fund Expenses
Investment Management Fees		7,664			62,092			332			30,411
Accounting & Transfer Agent Fees		766			4,813			17			1,604
Custodian Fees		486			3,126			3			—
Filing Fees		70			378			22			216
Shareholders’ Reports		113			685			7			584
Directors’/Trustees’ Fees & Expenses		25			137			2			46
Professional Fees		124			695			1			100
Previously Waived Fees Recovered by Advisor (Note C)		—			—			2			—
Other		203			1,066			3			203
Total Fund Expenses		9,451			72,992			389			33,164
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			205			—
Fees Paid Indirectly (Note C)		197			624			1			—
Net Expenses		9,254			72,368			183			33,164
Net Investment Income (Loss)		173,632			1,015,999			1,497			316,287
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			—			3,071			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(72,788	)		425,701			—			—
Affiliated Investment Companies Shares Sold		(41	)		(333	)		(1,418	)		—
Transactions Allocated from Affiliated Investment Company**		—			—			(2,875	)		164,767
Futures		(12,682	)		(44,185	)		34			(19,889	)
Foreign Currency Transactions		(5,948	)		(47,812	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,377,779	)		(9,090,912	)		—			—
Affiliated Investment Companies Shares		(125	)		(769	)		(7,951	)		—
Transactions Allocated from Affiliated Investment Company		—			—			(8,701	)		(3,930,327	)
Futures		(202	)		(3,107	)		—			271
Translation of Foreign Currency-Denominated Amounts		(977	)		(7,919	)		—			—
Net Realized and Unrealized Gain (Loss)		(1,470,542	)		(8,769,336	)		(17,840	)		(3,785,178	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,296,910	)	$	(7,753,337	)	$	(16,343	)	$	(3,468,891	)

** Net of foreign capital gain taxes withheld of $0, $0, $22 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.

108

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	Japanese Small Company Portfolio*			Asia Pacific Small Company Portfolio*			United Kingdom Small Company Portfolio*			Continental Small Company Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $928, $150, $6 and $3,259, respectively)	$	8,375		$	13,262		$	1,155		$	22,414
Income from Securities Lending		173			864			2			846
Expenses Allocated from Affiliated Investment Companies		(384	)		(400	)		(31	)		(963	)
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		8,164			13,726			1,126			22,297
Fund Expenses
Investment Management Fees		1,184			1,191			104			2,836
Accounting & Transfer Agent Fees		51			52			7			123
Filing Fees		20			20			15			20
Shareholders’ Reports		9			8			4			12
Directors’/Trustees’ Fees & Expenses		2			2			—			5
Professional Fees		4			5			—			9
Previously Waived Fees Recovered by Advisor (Note C)		—			—			27			—
Other		3			5			2			8
Total Fund Expenses		1,273			1,283			159			3,013
Fees Waived, Expenses Reimbursed by Advisor (Note C)		321			324			36			770
Net Expenses		952			959			123			2,243
Net Investment Income (Loss)		7,212			12,767			1,003			20,054
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		12,397			14,514			(2,989	)		(26,021	)
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(107,385	)		(124,402	)		(9,155	)		(261,540	)
Net Realized and Unrealized Gain (Loss)		(94,988	)		(109,888	)		(12,144	)		(287,561	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(87,776	)	$	(97,121	)	$	(11,141	)	$	(267,507	)

** 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.

109

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(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		—		$	286,842			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			286,842			—			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $26,518, $0, $38,277 and $11,032, respectively)	$	211,565			123,483		$	405,509		$	115,262
Income from Securities Lending		2,682			172			3,973			2,307
Total Fund Investment Income		214,247			123,655			409,482			117,569
Fund Expenses
Investment Management Fees		13,090			19,216			47,060			10,613
Accounting & Transfer Agent Fees		393			1,581			1,593			600
Custodian Fees		698			42			2,368			522
Filing Fees		43			147			152			81
Shareholders’ Reports		61			346			185			84
Directors’/Trustees’ Fees & Expenses		24			64			50			17
Professional Fees		91			115			285			72
Previously Waived Fees Recovered by Advisor (Note C)		—			68			—			—
Other		145			131			400			124
Total Fund Expenses		14,545			21,710			52,093			12,113
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			8,559			—			—
Fees Paid Indirectly (Note C)		211			30			101			107
Net Expenses		14,334			13,121			51,992			12,006
Net Investment Income (Loss)		199,913			397,376			357,490			105,563
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			8,517			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(97,218	)		71,264			16,007			(2,689	)
Affiliated Investment Companies Shares Sold		(101	)		196,468			9			(9	)
Futures		(4,273	)		174			(36,186	)		(3,680	)
Foreign Currency Transactions		(5,807	)		—			(19,023	)		(5,208	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,783,196	)		(1,350,594	)		(2,899,988	)		(921,097	)
Affiliated Investment Companies Shares		(106	)		(1,630,271	)		(167	)		(86	)
Futures		171			1,144			(1,079	)		(387	)
Translation of Foreign Currency-Denominated Amounts		(1,176	)		—			(2,550	)		(575	)
Net Realized and Unrealized Gain (Loss)		(1,891,706	)		(2,703,298	)		(2,942,977	)		(933,731	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,691,793	)	$	(2,305,922	)	$	(2,585,487	)	$	(828,168	)

** 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.

110

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	International High Relative Profitability Portfolio#			World ex U.S. Value Portfolio*			World ex U.S. Core Equity Portfolio#			World ex U.S. Targeted Value Portfolio#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $972, $0 and $0, respectively)		—		$	9,534			—			—
Income from Securities Lending		—			129			—			—
Expenses Allocated from Affiliated Investment Companies		—			(416	)		—			—
Income Distributions Received from Affiliated Investment Companies		—			807			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			10,054			—			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $5,664, $0, $13,158 and $2,745, respectively)	$	68,642			—		$	126,791		$	24,077
Income from Securities Lending		685			—			2,677			197
Total Fund Investment Income		69,327			—			129,468			24,274
Fund Expenses
Investment Management Fees		5,033			815			9,126			2,895
Accounting & Transfer Agent Fees		370			8			584			156
Custodian Fees		208			25			835			376
Filing Fees		60			23			47			36
Shareholders’ Reports		137			10			65			50
Directors’/Trustees’ Fees & Expenses		24			1			27			6
Professional Fees		42			4			136			52
Other		90			5			171			53
Total Fund Expenses		5,964			891			10,991			3,624
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			447			—			—
Fees Paid Indirectly (Note C)		19			—			34			21
Net Expenses		5,945			444			10,957			3,603
Net Investment Income (Loss)		63,382			9,610			118,511			20,671
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			195			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(55,920	)		—			77,983			(12,143	)
Affiliated Investment Companies Shares Sold		(25	)		636			(24	)		(1	)
Transactions Allocated from Affiliated Investment Company**		—			(201	)		—			—
Futures		291			(44	)		(3,864	)		174
Foreign Currency Transactions		(936	)		—			(4,896	)		(839	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(536,106	)		—			(1,093,022	)		(177,379	)
Affiliated Investment Companies Shares		(47	)		(6,125	)		(95	)		(1	)
Transactions Allocated from Affiliated Investment Company		—			(42,768	)		—			—
Futures		—			—			(167	)		(46	)
Translation of Foreign Currency-Denominated Amounts		(283	)		—			(568	)		71
Net Realized and Unrealized Gain (Loss)		(593,026	)		(48,307	)		(1,024,653	)		(190,164	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(529,644	)	$	(38,697	)	$	(906,142	)	$	(169,493	)

** Net of foreign capital gain taxes withheld of $0, $75, $223 and $429, 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.

111

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(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, $21,119 and $17,151, respectively)		—		$	12		$	171,152		$	124,897
Income from Securities Lending		—			—			4,373			16,543
Expenses Allocated from Affiliated Investment Companies		—			—			(7,914	)		(11,593	)
Income Distributions Received from Affiliated Investment Companies	$	23,655			7,067			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		23,655			7,079			167,611			129,847
Fund Expenses
Investment Management Fees		2,274			732			14,892			23,202
Accounting & Transfer Agent Fees		156			58			664			468
Custodian Fees		2			1			—			—
Filing Fees		25			23			110			51
Shareholders’ Reports		28			11			173			48
Directors’/Trustees’ Fees & Expenses		8			2			22			20
Professional Fees		10			1			67			54
Previously Waived Fees Recovered by Advisor (Note C)		34			—			—			—
Other		16			5			55			35
Total Fund Expenses		2,553			833			15,983			23,878
Fees Waived, Expenses Reimbursed by Advisor (Note C)		1,860			608			5,136			8,926
Fees Paid Indirectly (Note C)		—			2			—			—
Net Expenses		693			223			10,847			14,952
Net Investment Income (Loss)		22,962			6,856			156,764			114,895
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		16,695			6,687			—			—
Net Realized Gain (Loss) on:
Affiliated Investment Companies Shares Sold		(8,828	)		3,300			—			—
Transactions Allocated from Affiliated Investment Company**		—			—			17,009			98,361
Futures		(6	)		(251	)		—			—
Forward Currency Contracts		—			11,432			—			—
Change in Unrealized Appreciation (Depreciation) of:
Affiliated Investment Companies Shares		(213,117	)		(71,420	)		—			—
Transactions Allocated from Affiliated Investment Company		—			—			(1,618,027	)		(1,298,644	)
Futures		—			(234	)		—			—
Forward Currency Contracts		—			(243	)		—			—
Net Realized and Unrealized Gain (Loss)		(205,256	)		(50,729	)		(1,601,018	)		(1,200,283	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(182,294	)	$	(43,873	)	$	(1,444,254	)	$	(1,085,388	)

** Net of foreign capital gain taxes withheld of $0, $0, $4,859 and $9,037, 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.

112

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	Emerging Markets Value Portfolio*			Emerging Markets Core Equity Portfolio#			Emerging Markets Targeted Value Portfolio#			Emerging Markets ex China Core Equity Portfolioʊ#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $62,596, $0, $0 and $0,respectively)	$	571,745			—			—			—
Interest		312			—			—			—
Income from Securities Lending		12,239			—			—			—
Expenses Allocated from Affiliated Investment Companies		(17,755	)		—			—			—
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		566,541			—			—			—
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $109,966, $996 and $1,862,respectively)		—		$	952,313		$	6,904		$	12,546
Income from Securities Lending		—			38,970			185			58
Total Fund Investment Income		—			991,283			7,089			12,604
Fund Expenses
Investment Management Fees		46,138			87,610			1,092			1,146
Accounting & Transfer Agent Fees		1,056			3,691			45			78
Custodian Fees		—			13,276			138			438
Shareholder Servicing Fees
Class R2 Shares		34			—			—			—
Filing Fees		140			314			29			18
Shareholders’ Reports		152			780			23			21
Directors’/Trustees’ Fees & Expenses		59			123			2			6
Professional Fees		139			493			38			16
Organizational & Offering Costs		—			—			—			105
Other		78			1,554			11			57
Total Fund Expenses		47,796			107,841			1,378			1,885
Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			—			384
Class R2 Shares		14			—			—			—
Institutional Class Shares		11,796			—			—			—
Fees Paid Indirectly (Note C)		—			150			10			13
Net Expenses		35,986			107,691			1,368			1,488
Net Investment Income (Loss)		530,555			883,592			5,721			11,116
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		—			75,499			5,284			(19,163	)
Affiliated Investment Companies Shares Sold		—			(37	)		(1	)		—
Transactions Allocated from Affiliated Investment Company**		351,369			—			—			—
Futures		—			(37,872	)		(135	)		(495	)
Foreign Currency Transactions		—			(25,138	)		(127	)		(256	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			(8,179,321	)		(60,418	)		(76,418	)
Affiliated Investment Companies Shares		—			(254	)		(1	)		(3	)
Transactions Allocated from Affiliated Investment Company		(3,262,606	)		—			—			—
Futures		—			(2,325	)		(54	)		—
Translation of Foreign Currency-Denominated Amounts		—			(7	)		259			(1	)
Net Realized and Unrealized Gain (Loss)		(2,911,237	)		(8,169,455	)		(55,193	)		(96,336	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(2,380,682	)	$	(7,285,863	)	$	(49,472	)	$	(85,220	)

** Net of foreign capital gain taxes withheld of $11,422, $11,895, $349 and $6, respectively.

ʊ The Portfolio commenced operations on November 15, 2021.

* 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.

113

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			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	173,632		$	152,804		$	1,015,999		$	828,078		$	1,497		$	1,172
Capital Gain Distributions Received from Investment Securities		—			—			—			—			3,071			—
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(72,788	)		88,328			425,701			210,041			—			—
Affiliated Investment Companies Shares Sold		(41	)		(10	)		(333	)		(21	)		(1,418	)		336
Transactions Allocated from Affiliated Investment Company*,**		—			—			—			—			(2,875	)		2,035
Futures		(12,682	)		14,606			(44,185	)		79,338			34			35
Foreign Currency Transactions		(5,948	)		515			(47,812	)		769			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,377,779	)		1,375,966			(9,090,912	)		8,427,366			—			—
Affiliated Investment Companies Shares		(125	)		(9	)		(769	)		(71	)		(7,951	)		14,525
Transactions Allocated from Affiliated Investment Company		—			—			—			—			(8,701	)		5,844
Futures		(202	)		2,380			(3,107	)		10,863			—			—
Translation of Foreign Currency-Denominated Amounts		(977	)		(315	)		(7,919	)		(1,813	)		—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,296,910	)		1,634,265			(7,753,337	)		9,554,550			(16,343	)		23,947
Distributions:
Institutional Class Shares		(180,306	)		(144,492	)		(1,137,900	)		(761,635	)		(3,556	)		(727	)
Capital Share Transactions (1):
Shares Issued		1,451,460			711,780			6,677,971			5,674,163			23,030			44,864
Shares Issued in Lieu of Cash Distributions		166,053			134,111			1,093,925			732,468			3,556			727
Shares Redeemed		(1,351,800	)		(1,003,971	)		(7,302,036	)		(5,535,524	)		(23,398	)		(12,748	)
Net Increase (Decrease) from Capital Share Transactions		265,713			(158,080	)		469,860			871,107			3,188			32,843
Total Increase (Decrease) in Net Assets		(1,211,503	)		1,331,693			(8,421,377	)		9,664,022			(16,711	)		56,063
Net Assets
Beginning of Year		6,032,181			4,700,488			34,629,583			24,965,561			99,631			43,568
End of Year	$	4,820,678		$	6,032,181		$	26,208,206		$	34,629,583		$	82,920		$	99,631
(1) Shares Issued and Redeemed:
Shares Issued		60,402			26,957			474,529			365,542			1,720			3,098
Shares Issued in Lieu of Cash Distributions		7,097			5,054			80,934			47,003			241			58
Shares Redeemed		(56,865	)		(38,575	)		(529,452	)		(359,922	)		(1,759	)		(886	)
Net Increase (Decrease) from Shares Issued and Redeemed		10,634			(6,564	)		26,011			52,623			202			2,270

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $0 and $22, respectively.

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

114

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	International Small						Japanese Small						Asia Pacific Small
	Company Portfolio***						Company Portfolio***						Company 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,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	316,287		$	238,915		$	7,212		$	8,010		$	12,767		$	13,100
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company*,**		164,767			837,220			12,397			17,921			14,514			49,285
Futures		(19,889	)		26,350			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(3,930,327	)		2,927,439			(107,385	)		31,604			(124,402	)		75,175
Futures		271			3,416			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,468,891	)		4,033,340			(87,776	)		57,535			(97,121	)		137,560
Distributions:
Institutional Class Shares		(851,167	)		(220,133	)		(18,487	)		(10,581	)		(42,269	)		(12,808	)
Capital Share Transactions (1):
Shares Issued		2,335,205			2,604,837			25,594			19,129			4,042			13,533
Shares Issued in Lieu of Cash Distributions		834,024			214,868			18,485			10,580			42,264			12,805
Shares Redeemed		(2,994,929	)		(3,315,191	)		(50,102	)		(163,522	)		(58,204	)		(148,282	)
Net Increase (Decrease) from Capital Share Transactions		174,300			(495,486	)		(6,023	)		(133,813	)		(11,898	)		(121,944	)
Total Increase (Decrease) in Net Assets		(4,145,758	)		3,317,721			(112,286	)		(86,859	)		(151,288	)		2,808
Net Assets
Beginning of Year		13,465,853			10,148,132			379,837			466,696			381,490			378,682
End of Year	$	9,320,095		$	13,465,853		$	267,551		$	379,837		$	230,202		$	381,490
(1) Shares Issued and Redeemed:
Shares Issued		123,348			116,406			1,240			736			194			520
Shares Issued in Lieu of Cash Distributions		41,490			10,453			765			418			1,874			559
Shares Redeemed		(157,815	)		(151,391	)		(2,408	)		(6,381	)		(2,997	)		(5,727	)
Net Increase (Decrease) from Shares Issued and Redeemed		7,023			(24,532	)		(403	)		(5,227	)		(929	)		(4,648	)

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

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

115

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			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	1,003		$	658		$	20,054		$	13,506		$	199,913		$	185,202
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		—			—			—			—			(97,218	)		(56,022	)
Affiliated Investment Companies Shares Sold		—			—			—			—			(101	)		(43	)
Transactions Allocated from Affiliated Investment Company*,**		(2,989	)		1,117			(26,021	)		44,052			—			—
Futures		—			—			—			—			(4,273	)		13,260
Foreign Currency Transactions		—			—			—			—			(5,807	)		(485	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			—			—			—			(1,783,196	)		1,378,475
Affiliated Investment Companies Shares		—			—			—			—			(106	)		(2	)
Transactions Allocated from Affiliated Investment Company		(9,155	)		7,530			(261,540	)		216,160			—			—
Futures		—			—			—			—			171			3,086
Translation of Foreign Currency-Denominated Amounts		—			—			—			—			(1,176	)		(414	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(11,141	)		9,305			(267,507	)		273,718			(1,691,793	)		1,523,057
Distributions:
Institutional Class Shares		(1,908	)		(589	)		(37,480	)		(13,461	)		(447,007	)		—
Capital Share Transactions (1):
Shares Issued		2,169			26,424			69,996			76,760			1,001,675			714,047
Shares Issued in Lieu of Cash Distributions		1,908			588			37,477			13,460			444,430			—
Shares Redeemed		(16,763	)		(8,462	)		(53,922	)		(20,462	)		(842,621	)		(896,488	)
Net Increase (Decrease) from Capital Share Transactions		(12,686	)		18,550			53,551			69,758			603,484			(182,441	)
Total Increase (Decrease) in Net Assets		(25,735	)		27,266			(251,436	)		330,015			(1,535,316	)		1,340,616
Net Assets
Beginning of Year		44,133			16,867			867,759			537,744			5,987,464			4,646,848
End of Year	$	18,398		$	44,133		$	616,323		$	867,759		$	4,452,148		$	5,987,464
(1) Shares Issued and Redeemed:
Shares Issued		97			855			2,142			2,229			242,147			148,690
Shares Issued in Lieu of Cash Distributions		71			20			1,270			418			96,826			—
Shares Redeemed		(634	)		(274	)		(2,058	)		(622	)		(209,429	)		(192,731	)
Net Increase (Decrease) from Shares Issued and Redeemed		(466	)		601			1,354			2,025			129,544			(44,041	)

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

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

116

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			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	397,376		$	124,365		$	357,490		$	261,889		$	105,563		$	82,679
Capital Gain Distributions Received from Investment Securities		8,517			1,045			—			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		71,264			43,747			16,007			541,397			(2,689	)		191,536
Affiliated Investment Companies Shares Sold		196,468			60,992			9			(1	)		(9	)		(7	)
Futures		174			1,671			(36,186	)		26,234			(3,680	)		(437	)
Foreign Currency Transactions		—			—			(19,023	)		1,071			(5,208	)		49
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,350,594	)		1,755,986			(2,899,988	)		3,392,048			(921,097	)		860,557
Affiliated Investment Companies Shares		(1,630,271	)		1,097,358			(167	)		(25	)		(86	)		(8	)
Futures		1,144			—			(1,079	)		9,695			(387	)		826
Translation of Foreign Currency-Denominated Amounts		—			—			(2,550	)		(1,012	)		(575	)		(279	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(2,305,922	)		3,085,164			(2,585,487	)		4,231,296			(828,168	)		1,134,916
Distributions:
Institutional Class Shares		(480,433	)		(186,953	)		(516,572	)		(258,254	)		(187,309	)		(74,200	)
Capital Share Transactions (1):
Shares Issued		2,104,042			2,211,113			2,106,642			1,538,249			877,531			397,948
Shares Issued in Lieu of Cash Distributions		461,594			179,038			455,244			226,985			186,180			73,824
Shares Redeemed		(2,445,794	)		(1,976,601	)		(2,579,838	)		(2,841,493	)		(882,093	)		(538,557	)
Net Increase (Decrease) from Capital Share Transactions		119,842			413,550			(17,952	)		(1,076,259	)		181,618			(66,785	)
Total Increase (Decrease) in Net Assets		(2,666,513	)		3,311,761			(3,120,011	)		2,896,783			(833,859	)		993,931
Net Assets
Beginning of Year		10,537,586			7,225,825			12,784,711			9,887,928			3,716,790			2,722,859
End of Year	$	7,871,073		$	10,537,586		$	9,664,700		$	12,784,711		$	2,882,931		$	3,716,790
(1) Shares Issued and Redeemed:
Shares Issued		180,469			189,077			109,457			74,227			73,372			29,258
Shares Issued in Lieu of Cash Distributions		35,644			16,811			23,531			11,757			14,949			5,458
Shares Redeemed		(210,655	)		(168,470	)		(135,322	)		(140,273	)		(74,366	)		(39,764	)
Net Increase (Decrease) from Shares Issued and Redeemed		5,458			37,418			(2,334	)		(54,289	)		13,955			(5,048	)

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

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

See accompanying Notes to Financial Statements.

117

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	International High Relative Profitability Portfolio						World ex U.S.Value Portfolio***						World ex U.S. Core Equity Portfolio
	Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	63,382		$	45,392		$	9,610		$	9,084		$	118,511		$	98,566
Capital Gain Distributions Received from Investment Securities		—			—			195			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(55,920	)		43,197			—			—			77,983			21,498
Affiliated Investment Companies Shares Sold		(25	)		(6	)		636			252			(24	)		(2	)
Transactions Allocated from Affiliated Investment Company*,**		—			—			(201	)		8,125			—			—
Futures		291			2,062			(44	)		—			(3,864	)		8,882
Foreign Currency Transactions		(936	)		(81	)		—			—			(4,896	)		(357	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(536,106	)		399,054			—			—			(1,093,022	)		991,909
Affiliated Investment Companies Shares		(47	)		(2	)		(6,125	)		7,908			(95	)		(6	)
Transactions Allocated from Affiliated Investment Company		—			—			(42,768	)		68,735			—			—
Futures		—			145			—			—			(167	)		1,632
Translation of Foreign Currency-Denominated Amounts		(283	)		(61	)		—			—			(568	)		(210	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(529,644	)		489,700			(38,697	)		94,104			(906,142	)		1,121,912
Distributions:
Institutional Class Shares		(79,006	)		(43,180	)		(10,666	)		(8,755	)		(119,142	)		(98,429	)
Capital Share Transactions (1):
Shares Issued		699,881			559,296			40,039			60,323			732,628			608,060
Shares Issued in Lieu of Cash Distributions		77,582			42,393			10,666			8,749			118,577			97,865
Shares Redeemed		(745,903	)		(339,830	)		(115,749	)		(52,670	)		(793,027	)		(850,479	)
Net Increase (Decrease) from Capital Share Transactions		31,560			261,859			(65,044	)		16,402			58,178			(144,554	)
Total Increase (Decrease) in Net Assets		(577,090	)		708,379			(114,407	)		101,751			(967,106	)		878,929
Net Assets
Beginning of Year		2,183,724			1,475,345			308,666			206,915			4,089,166			3,210,237
End of Year	$	1,606,634		$	2,183,724		$	194,259		$	308,666		$	3,122,060		$	4,089,166
(1) Shares Issued and Redeemed:
Shares Issued		57,992			42,975			3,535			4,967			60,965			45,421
Shares Issued in Lieu of Cash Distributions		6,680			3,204			952			723			10,302			7,267
Shares Redeemed		(64,934	)		(25,822	)		(9,687	)		(4,335	)		(65,101	)		(64,633	)
Net Increase (Decrease) from Shares Issued and Redeemed		(262	)		20,357			(5,200	)		1,355			6,166			(11,945	)

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $0, $75 and $223, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 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).

See accompanying Notes to Financial Statements.

118

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	World ex U.S. Targeted Value Portfolio						World Core Equity Portfolio						Selectively Hedged Global Equity Portfolio
	Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	20,671		$	15,690		$	22,962		$	16,261		$	6,856		$	5,395
Capital Gain Distributions Received from Investment Securities		—			—			16,695			—			6,687			—
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(12,143	)		42,367			—			—			—			—
Affiliated Investment Companies Shares Sold		(1	)		—			(8,828	)		10,552			3,300			15,611
Futures		174			81			(6	)		(18	)		(251	)		1,247
Foreign Currency Transactions		(839	)		(148	)		—			—			—			—
Forward Currency Contracts		—			—			—			—			11,432			694
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(177,379	)		161,265			—			—			—			(19	)
Affiliated Investment Companies Shares		(1	)		1			(213,117	)		283,947			(71,420	)		88,688
Futures		(46	)		46			—			—			(234	)		196
Translation of Foreign Currency-Denominated Amounts		71			(40	)		—			—			—			—
Forward Currency Contracts		—			—			—			—			(243	)		121
Net Increase (Decrease) in Net Assets Resulting from Operations		(169,493	)		219,262			(182,294	)		310,742			(43,873	)		111,933
Distributions:
Institutional Class Shares		(56,676	)		(13,862	)		(31,168	)		(16,210	)		(21,529	)		(6,934	)
Capital Share Transactions (1):
Shares Issued		303,674			137,451			287,694			205,873			39,834			40,778
Shares Issued in Lieu of Cash Distributions.		56,609			13,840			30,117			15,000			21,408			6,900
Shares Redeemed		(340,881	)		(90,425	)		(244,046	)		(196,293	)		(73,839	)		(92,479	)
Net Increase (Decrease) from Capital Share Transactions		19,402			60,866			73,765			24,580			(12,597	)		(44,801	)
Total Increase (Decrease) in Net Assets		(206,767	)		266,266			(139,697	)		319,112			(77,999	)		60,198
Net Assets
Beginning of Year		774,324			508,058			1,088,714			769,602			348,707			288,509
End of Year	$	567,557		$	774,324		$	949,017		$	1,088,714		$	270,708		$	348,707
(1) Shares Issued and Redeemed:
Shares Issued		24,012			9,413			14,000			9,724			2,058			2,016
Shares Issued in Lieu of Cash Distributions		4,258			921			1,512			711			1,017			372
Shares Redeemed		(27,420	)		(6,235	)		(11,765	)		(9,418	)		(3,709	)		(4,584	)
Net Increase (Decrease) from Shares Issued and Redeemed		850			4,099			3,747			1,017			(634	)		(2,196	)

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $429, $0 and $0, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $341, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

119

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Emerging Markets Portfolio***						Emerging Markets Small Cap Portfolio***						Emerging Markets Value Portfolio***
	Year			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	156,764		$	140,092		$	114,895		$	114,098		$	530,555		$	420,462
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company*,**		17,009			398,700			98,361			592,687			351,369			675,824
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(1,618,027	)		691,616			(1,298,644	)		923,652			(3,262,606	)		3,251,339
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,444,254	)		1,230,408			(1,085,388	)		1,630,437			(2,380,682	)		4,347,625
Distributions:
Class R2 Shares		—			—			—			—			(643	)		(349	)
Institutional Class Shares		(372,779	)		(122,695	)		(329,169	)		(128,503	)		(558,273	)		(381,943	)
Total Distributions		(372,779	)		(122,695	)		(329,169	)		(128,503	)		(558,916	)		(382,292	)
Capital Share Transactions (1):
Shares Issued		1,486,746			1,466,367			598,832			453,465			1,872,666			1,803,325
Shares Issued in Lieu of Cash Distributions		359,767			118,246			308,292			120,830			536,547			368,413
Shares Redeemed		(2,315,886	)		(2,119,497	)		(1,096,582	)		(1,840,038	)		(3,128,244	)		(5,474,850	)
Net Increase (Decrease) from Capital Share Transactions		(469,373	)		(534,884	)		(189,458	)		(1,265,743	)		(719,031	)		(3,303,112	)
Total Increase (Decrease) in Net Assets		(2,286,406	)		572,829			(1,604,015	)		236,191			(3,658,629	)		662,221
Net Assets
Beginning of Year		6,225,187			5,652,358			5,115,924			4,879,733			13,271,710			12,609,489
End of Year	$	3,938,781		$	6,225,187		$	3,511,909		$	5,115,924		$	9,613,081		$	13,271,710
(1) Shares Issued and Redeemed:
Shares Issued		53,138			43,254			26,598			18,380			64,891			58,117
Shares Issued in Lieu of Cash Distributions		12,564			3,525			13,241			5,119			19,778			12,138
Shares Redeemed		(81,119	)		(62,966	)		(49,181	)		(75,078	)		(106,929	)		(175,638	)
Net Increase (Decrease) from Shares Issued and Redeemed		(15,417	)		(16,187	)		(9,342	)		(51,579	)		(22,260	)		(105,383	)

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $4,859, $9,037 and $11,422, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $49, $2,304 and $11,984, 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.

120

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Emerging Markets Core Equity Portfolio						Emerging Markets Targeted Value Portfolio						Emerging Markets ex China Core Equity Portfolio
													Period
													Nov 15,
	Year			Year			Year			Year			2021 ʊ
	Ended			Ended			Ended			Ended			to
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2022			2021			2022
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	883,592		$	670,994		$	5,721		$	5,084		$	11,116
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		75,499			544,729			5,284			17,753			(19,163	)
Affiliated Investment Companies Shares Sold		(37	)		(14	)		(1	)		—			—
Futures		(37,872	)		67,395			(135	)		348			(495	)
Foreign Currency Transactions		(25,138	)		(15,240	)		(127	)		(82	)		(256	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(8,179,321	)		5,134,175			(60,418	)		42,862			(76,418	)
Affiliated Investment Companies Shares		(254	)		(32	)		(1	)		—			(3	)
Futures		(2,325	)		15,950			(54	)		67			—
Translation of Foreign Currency-Denominated Amounts		(7	)		100			259			2			(1	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(7,285,863	)		6,418,057			(49,472	)		66,034			(85,220	)
Distributions:
Institutional Class Shares		(942,726	)		(590,306	)		(22,133	)		(4,500	)		(10,224	)
Capital Share Transactions (1):
Shares Issued		7,057,849			4,891,169			87,606			53,547			729,801
Shares Issued in Lieu of Cash Distributions		895,345			560,095			21,501			4,385			9,316
Shares Redeemed		(7,911,399	)		(6,904,346	)		(82,497	)		(54,708	)		(219,226	)
Net Increase (Decrease) from Capital Share Transactions		41,795			(1,453,082	)		26,610			3,224			519,891
Total Increase (Decrease) in Net Assets		(8,186,794	)		4,374,669			(44,995	)		64,758			424,447
Net Assets
Beginning of Year		29,155,369			24,780,700			234,921			170,163			—
End of Year	$	20,968,575		$	29,155,369		$	189,926		$	234,921		$	424,447
(1) Shares Issued and Redeemed:
Shares Issued		315,242			191,908			8,132			4,233			79,414
Shares Issued in Lieu of Cash Distributions		43,699			22,111			1,847			389			1,143
Shares Redeemed		(361,196	)		(273,309	)		(7,430	)		(4,246	)		(25,861	)
Net Increase (Decrease) from Shares Issued and Redeemed		(2,255	)		(59,290	)		2,549			376			54,696

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $11,895, $349 and $6, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $257, $239 and $0, respectively.

See accompanying Notes to Financial Statements.

121

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Large Cap International Portfolio															International Core 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,
	2022			2021			2020			2019			2018			2022			2021			2020			2019			2018
Net Asset Value, Beginning of Year	$	27.63		$	20.90		$	22.78		$	21.29		$	23.52		$	16.35		$	12.08		$	13.19		$	12.65		$	14.23
Income from Investment Operations (A)
Net Investment Income (Loss)		0.78			0.70			0.49			0.70			0.66			0.47			0.40			0.28			0.41			0.38
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.54	)		6.70			(1.87	)		1.47			(2.25	)		(4.07	)		4.24			(1.11	)		0.53			(1.60	)
Total from Investment Operations		(5.76	)		7.40			(1.38	)		2.17			(1.59	)		(3.60	)		4.64			(0.83	)		0.94			(1.22	)
Less Distributions:
Net Investment Income		(0.81	)		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.53	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)
Total Distributions		( 0.81	)		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.53	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)
Net Asset Value, End of Year	$	21.06		$	27.63		$	20.90		$	22.78		$	21.29		$	12.22		$	16.35		$	12.08		$	13.19		$	12.65
Total Return		(21.12	%)		35.55	%		(6.05	%)		10.38	%		(6.97	%)		(22.29	%)		38.56	%		(6.32	%)		7.67	%		(8.79	%)
Net Assets, End of Year (thousands)	$	4,820,678		$	6,032,181		$	4,700,488		$	5,356,475		$	4,587,406		$	26,208,206		$	34,629,583		$	24,965,561		$	30,559,427		$	27,174,589
Ratio of Expenses to Average Net Assets		0.17	%		0.19	%		0.22	%		0.23	%		0.23	%		0.24	%		0.25	%		0.30	%		0.29	%		0.30	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.17	%		0.19	%		0.23	%		0.24	%		0.23	%		0.24	%		0.25	%		0.30	%		0.31	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		3.17	%		2.65	%		2.31	%		3.22	%		2.78	%		3.27	%		2.56	%		2.24	%		3.21	%		2.67	%
Portfolio Turnover Rate		9	%		14	%		19	%		7	%		8	%		11	%		8	%		4	%		6	%		4	%

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)

	Global Small Company Portfolio															International Small Company 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,
	2022			2021			2020			2019			2018			2022			2021			2020			2019			2018
Net Asset Value, Beginning of Year	$	15.52		$	10.50		$	11.07		$	10.73		$	11.53		$	23.29		$	16.84		$	18.21		$	18.46		$	21.52
Income from Investment Operations (A)
Net Investment Income (Loss)		0.23			0.22			0.15			0.18			0.19			0.54			0.41			0.33			0.43			0.46
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.68	)		4.97			(0.55	)		0.27			(0.75	)		(6.44	)		6.42			(0.93	)		0.58			(2.41	)
Total from Investment Operations		(2.45	)		5.19			(0.40	)		0.45			(0.56	)		(5.90	)		6.83			(0.60	)		1.01			(1.95	)
Less Distributions:
Net Investment Income		(0.25	)		(0.17	)		(0.17	)		(0.11	)		(0.17	)		(0.67	)		(0.38	)		(0.37	)		(0.44	)		(0.44	)
Net Realized Gains		(0.30	)		—			—			—			(0.07	)		(0.79	)		—			(0.40	)		(0.82	)		(0.67	)
Total Distributions		(0.55	)		(0.17	)		(0.17	)		(0.11	)		(0.24	)		(1.46	)		(0.38	)		(0.77	)		(1.26	)		(1.11	)
Net Asset Value, End of Year.	$	12.52		$	15.52		$	10.50		$	11.07		$	10.73		$	15.93		$	23.29		$	16.84		$	18.21		$	18.46
Total Return		(16.32	%)		49.81	%		(3.75	%)		4.29	%		(5.02	%)		(26.55	%)		40.83	%		(3.64	%)		6.44	%		(9.54	%)
Net Assets, End of Year (thousands)	$	82,920		$	99,631		$	43,568		$	41,286		$	31,380		$	9,320,095		$	13,465,853		$	10,148,132		$	12,750,110		$	12,656,204
Ratio of Expenses to Average Net Assets *(B)		0.44	%		0.47	%		0.47	%		0.49	%		0.49	%		0.41	%		0.46	%		0.53	%		0.54	%		0.53	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(B)		0.66	%		0.71	%		0.85	%		0.93	%		0.90	%		0.41	%		0.46	%		0.53	%		0.54	%		0.53	%
Ratio of Net Investment Income to Average Net Assets		1.66	%		1.49	%		1.50	%		1.69	%		1.58	%		2.79	%		1.90	%		1.96	%		2.44	%		2.18	%
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.22	%		0.24	%		0.27	%		0.27	%		0.26	%		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.

123

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Japanese Small Company Portfolio															Asia Pacific Small Company 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,
	2022			2021			2020			2019			2018			2022			2021			2020			2019			2018
Net Asset Value, Beginning of Year	$	25.80		$	23.39		$	24.89		$	25.70		$	28.56		$	26.94		$	20.13		$	21.11		$	20.83		$	23.71
Income from Investment Operations (A)
Net Investment Income (Loss)		0.48			0.44			0.40			0.45			0.43			0.84			0.75			0.75			0.77			0.84
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.33	)		2.51			(0.91	)		0.37			(2.59	)		(7.40	)		6.74			(0.77	)		0.19			(2.76	)
Total from Investment Operations		(5.85	)		2.95			(0.51	)		0.82			(2.16	)		(6.56	)		7.49			(0.02	)		0.96			(1.92	)
Less Distributions:
Net Investment Income		(0.53	)		(0.54	)		(0.61	)		(0.28	)		(0.70	)		(1.07	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)
Net Realized Gains		(0.73	)		—			(0.38	)		(1.35	)		—			(1.92	)		—			—			—			—
Total Distributions		(1.26	)		(0.54	)		(0.99	)		(1.63	)		(0.70	)		(2.99	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)
Net Asset Value, End of Year	$	18.69		$	25.80		$	23.39		$	24.89		$	25.70		$	17.39		$	26.94		$	20.13		$	21.11		$	20.83
Total Return		(23.79	%)		12.66	%		(2.32	%)		4.01	%		(7.82	%)		(26.90	%)		37.81	%		(0.23	%)		4.81	%		(8.51	%)
Net Assets, End of Year (thousands)	$	267,551		$	379,837		$	466,696		$	640,068		$	622,650		$	230,202		$	381,490		$	378,682		$	340,649		$	346,335
Ratio of Expenses to Average Net Assets (C)		0.42	%		0.47	%		0.54	%		0.55	%		0.53	%		0.42	%		0.48	%		0.54	%		0.57	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.52	%		0.57	%		0.64	%		0.65	%		0.63	%		0.52	%		0.58	%		0.64	%		0.67	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		2.24	%		1.69	%		1.74	%		1.91	%		1.49	%		3.95	%		3.01	%		3.92	%		3.65	%		3.57	%

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

See accompanying Notes to Financial Statements.

124

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, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	31.72		$	21.35		$	27.85		$	26.95		$	32.67		$	35.27		$	23.82		$	24.84		$	24.37		$	28.24
Income from Investment Operations (A)
Net Investment Income (Loss)		0.94			0.58			0.43			0.76			0.85			0.76			0.57			0.40			0.55			0.61
Net Gains (Losses) on Securities (Realized and Unrealized)		(11.25	)		10.31			(4.00	)		1.68			(3.65	)		(10.80	)		11.45			(1.04	)		1.23			(3.68	)
Total from Investment Operations		(10.31	)		10.89			(3.57	)		2.44			(2.80	)		(10.04	)		12.02			(0.64	)		1.78			(3.07	)
Less Distributions:
Net Investment Income		(0.97	)		(0.52	)		(0.68	)		(0.47	)		(0.79	)		(0.80	)		(0.57	)		(0.38	)		(0.51	)		(0.59	)
Net Realized Gains		(0.55	)		—			(2.25	)		(1.07	)		(2.13	)		(0.68	)		—			—			(0.80	)		(0.21	)
Total Distributions		(1.52	)		(0.52	)		(2.93	)		(1.54	)		(2.92	)		(1.48	)		(0.57	)		(0.38	)		(1.31	)		(0.80	)
Net Asset Value, End of Year	$	19.89		$	31.72		$	21.35		$	27.85		$	26.95		$	23.75		$	35.27		$	23.82		$	24.84		$	24.37
Total Return		(33.62	%)		51.31	%		(15.27	%)		10.14	%		(9.34	%)		(29.26	%)		50.70	%		(2.63	%)		7.94	%		(11.14	%)
Net Assets, End of Year (thousands)	$	18,398		$	44,133		$	16,867		$	26,540		$	36,351		$	616,323		$	867,759		$	537,744		$	657,105		$	645,651
Ratio of Expenses to Average Net Assets (C)		0.56	%		0.59	%		0.59	%		0.59	%		0.58	%		0.42	%		0.47	%		0.54	%		0.56	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.66	%		0.74	%		0.86	%		0.82	%		0.68	%		0.52	%		0.57	%		0.64	%		0.66	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		3.62	%		1.88	%		1.89	%		2.92	%		2.75	%		2.61	%		1.76	%		1.68	%		2.30	%		2.16	%

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

See accompanying Notes to Financial Statements.

125

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 Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	5.04		$	3.77		$	5.61		$	4.85		$	5.07		$	13.29		$	9.57		$	12.71		$	10.71		$	10.90
Income from Investment Operations (A)
Net Investment Income (Loss)		0.15			0.16			0.15			0.20			0.22			0.49			0.16			0.68			0.34	**		0.48
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.44	)		1.11			(1.35	)		0.83			(0.22	)		(3.32	)		3.80			(3.00	)		2.16	**		(0.26	)
Total from Investment Operations		(1.29	)		1.27			(1.20	)		1.03			—			(2.83	)		3.96			(2.32	)		2.50			0.22
Less Distributions:
Net Investment Income		(0.37	)		—			(0.64	)		(0.27	)		(0.22	)		(0.48	)		(0.20	)		(0.70	)		(0.50	)		(0.34	)
Net Realized Gains		—			—			—			—			—			(0.12	)		(0.04	)		(0.12	)		(—	)		(0.07	)
Total Distributions		(0.37	)		—			(0.64	)		(0.27	)		(0.22	)		(0.60	)		(0.24	)		(0.82	)		(0.50	)		(0.41	)
Net Asset Value, End of Year	$	3.38		$	5.04		$	3.77		$	5.61		$	4.85		$	9.86		$	13.29		$	9.57		$	12.71		$	10.71
Total Return		(27.50	%)		33.69	%		(23.98	%)		22.54	%		(0.24	%)		(22.34	%)		42.08	%		(19.28	%)		24.55	%		1.91	%
Net Assets, End of Year (thousands)	$	4,452,148		$	5,987,464		$	4,646,848		$	6,297,963		$	5,442,507		$	7,871,073		$	10,537,586		$	7,225,825		$	9,269,011		$	7,475,924
Ratio of Expenses to Average Net Assets *		0.27	%		0.27	%		0.26	%		0.27	%		0.28	%		0.24	%(B)		0.24	%(B)		0.24	%(B)		0.24	%(B)		0.24	%(B)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses
Reimbursed by Advisor and Fees Paid Indirectly) *		0.27	%		0.27	%		0.27	%		0.28	%		0.28	%		0.33	%(B)		0.34	%(B)		0.34	%(B)		0.35	%(B)		0.35	%(B)
Ratio of Net Investment Income to Average Net Assets		3.67	%		3.29	%		3.61	%		4.01	%		4.27	%		4.14	%		1.33	%		6.44	%		2.95	%**		4.42	%
Portfolio Turnover Rate		6	%		8	%		12	%		8	%		5	%		1	%		1	%		0	%		0	%		3	%
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund feesand expenses incurred by the Portfolio indirectly as a result of Portfolio’sinvestment in Underlying Funds as follows:		N/A			N/A			N/A			N/A			N/A			0.10	%		0.11	%		0.12	%		0.13	%		0.13	%

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

See accompanying Notes to Financial Statements.

126

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 Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	22.14		$	15.65		$	18.58		$	19.24		$	23.51		$	14.51		$	10.42		$	11.62		$	11.74		$	13.33
Income from Investment Operations (A)
Net Investment Income (Loss)		0.61			0.44			0.33			0.45			0.47			0.40			0.32			0.23			0.33			0.32
Net Gains (Losses) on Securities (Realized and Unrealized)		(5.05	)		6.48			(2.65	)		(0.01	)		(3.44	)		(3.52	)		4.06			(1.20	)		0.24			(1.56	)
Total from Investment Operations		(4.44	)		6.92			(2.32	)		0.44			(2.97	)		(3.12	)		4.38			(0.97	)		0.57			(1.24	)
Less Distributions:
Net Investment Income		(0.73	)		(0.43	)		(0.32	)		(0.48	)		(0.56	)		(0.45	)		(0.29	)		(0.23	)		(0.34	)		(0.30	)
Net Realized Gains		(0.16	)		—			(0.29	)		(0.62	)		(0.74	)		(0.27	)		—			—			(0.35	)		(0.05	)
Total Distributions		(0.89	)		(0.43	)		(0.61	)		(1.10	)		(1.30	)		(0.72	)		(0.29	)		(0.23	)		(0.69	)		(0.35	)
Net Asset Value, End of Year	$	16.81		$	22.14		$	15.65		$	18.58		$	19.24		$	10.67		$	14.51		$	10.42		$	11.62		$	11.74
Total Return		(20.53	%)		44.61	%		(13.03	%)		2.94	%		(13.37	%)		(22.16	%)		42.24	%		(8.41	%)		5.49	%		(9.52	%)
Net Assets, End of Year (thousands)	$	9,664,700		$	12,784,711		$	9,887,928		$	13,428,084		$	13,787,695		$	2,882,931		$	3,716,790		$	2,722,859		$	2,578,134		$	2,441,217
Ratio of Expenses to Average Net Assets		0.46	%		0.53	%		0.65	%		0.68	%		0.68	%		0.36	%		0.42	%		0.47	%		0.50	%		0.48	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.46	%		0.53	%		0.66	%		0.69	%		0.68	%		0.36	%		0.42	%		0.48	%		0.50	%		0.48	%
Ratio of Net Investment Income to Average Net Assets		3.13	%		2.13	%		2.02	%		2.48	%		2.10	%		3.16	%		2.35	%		2.20	%		2.94	%		2.40	%
Portfolio Turnover Rate		24	%		15	%		14	%		18	%		23	%		17	%		15	%		18	%		17	%		12	%

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

See accompanying Notes to Financial Statements.

127

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 Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	13.73		$	10.64		$	10.74		$	9.71		$	10.68		$	12.67		$	8.99		$	10.97		$	11.16		$	12.71
Income from Investment Operations (A)
Net Investment Income (Loss)		0.38			0.30			0.21			0.27			0.26			0.47			0.38			0.25			0.35			0.34
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.51	)		3.08			(0.13	)		1.00			(1.01	)		(2.49	)		3.66			(1.96	)		0.04			(1.48	)
Total from Investment Operations		(3.13	)		3.38			0.08			1.27			(0.75	)		(2.02	)		4.04			(1.71	)		0.39			(1.14	)
Less Distributions:
Net Investment Income		(0.37	)		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.51	)		(0.36	)		(0.27	)		(0.35	)		(0.41	)
Net Realized Gains		(0.11	)		—			—			—			—			—			—			—			(0.23	)		—
Total Distributions		(0.48	)		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.51	)		(0.36	)		(0.27	)		(0.58	)		(0.41	)
Net Asset Value, End of Year	$	10.12		$	13.73		$	10.64		$	10.74		$	9.71		$	10.14		$	12.67		$	8.99		$	10.97		$	11.16
Total Return		(23.22	%)		31.85	%		0.80	%		13.19	%		(7.20	%)		(16.23	%)		45.23	%		(15.76	%)		3.75	%		(9.22	%)
Net Assets, End of Year (thousands)	$	1,606,634		$	2,183,724		$	1,475,345		$	658,448		$	266,868		$	194,259		$	308,666		$	206,915		$	302,369		$	240,668
Ratio of Expenses to Average Net Assets*		0.30	%		0.30	%		0.30	%		0.33	%		0.35	%		0.40	%(B)		0.44	%(B)		0.50	%(B)		0.54	%(B)		0.52	%(B)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by
Advisor and Fees Paid Indirectly) *		0.30	%		0.30	%		0.31	%		0.34	%		0.35	%		0.59	%(B)		0.64	%(B)		0.71	%(B)		0.76	%(B)		0.74	%(B)
Ratio of Net Investment Income to Average Net Assets		3.15	%		2.30	%		1.97	%		2.69	%		2.41	%		4.02	%		3.14	%		2.56	%		3.25	%		2.72	%
Portfolio Turnover Rate		22	%		15	%		15	%		9	%		9	%		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			0.19	%		0.20	%		0.23	%		0.24	%		0.24	%

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

See accompanying Notes to Financial Statements.

128

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	World Ex U.S. Core Equity Portfolio															World Ex U.S. Targeted Value Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year.	$	13.84		$	10.44		$	11.17		$	10.65		$	12.15		$	15.29		$	10.91		$	12.45		$	12.52		$	15.06
Income from Investment Operations (A)
Net Investment Income (Loss)		0.40			0.33			0.24			0.33			0.31			0.39			0.32			0.23			0.32			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.48	)		3.40			(0.74	)		0.56			(1.52	)		(3.55	)		4.34			(1.45	)		0.26			(2.29	)
Total from Investment Operations		(3.08	)		3.73			(0.50	)		0.89			(1.21	)		(3.16	)		4.66			(1.22	)		0.58			(1.98	)
Less Distributions:
Net Investment Income		(0.41	)		(0.33	)		(0.23	)		(0.32	)		(0.29	)		(0.39	)		(0.28	)		(0.21	)		(0.29	)		(0.30	)
Net Realized Gains		—			—			—			(0.05	)		—			(0.72	)		—			(0.11	)		(0.36	)		(0.26	)
Total Distributions		(0.41	)		(0.33	)		(0.23	)		(0.37	)		(0.29	)		(1.11	)		(0.28	)		(0.32	)		(0.65	)		(0.56	)
Net Asset Value, End of Year	$	10.35		$	13.84		$	10.44		$	11.17		$	10.65		$	11.02		$	15.29		$	10.91		$	12.45		$	12.52
Total Return		(22.55	%)		35.87	%		(4.42	%)		8.64	%		(10.22	%)		(21.77	%)		42.81	%		(9.96	%)		4.99	%		(13.56	%)
Net Assets, End of Year (thousands)	$	3,122,060		$	4,089,166		$	3,210,237		$	3,719,313		$	3,129,791		$	567,557		$	774,324		$	508,058		$	533,046		$	460,155
Ratio of Expenses to Average Net Assets		0.30	%		0.32	%		0.35	%		0.37	%		0.39	%		0.52	%		0.55	%		0.64	%		0.68	%		0.66	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.30	%		0.32	%		0.36	%		0.38	%		0.37	%		0.52	%		0.55	%		0.64	%		0.69	%		0.66	%
Ratio of Net Investment Income to Average Net Assets		3.25	%		2.49	%		2.26	%		3.02	%		2.56	%		2.98	%		2.20	%		2.02	%		2.58	%		2.08	%
Portfolio Turnover Rate		12	%		6	%		13	%		8	%		4	%		35	%		28	%		22	%		27	%		24	%

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

See accompanying Notes to Financial Statements.

129

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	World Core Equity Portfolio															Selectively Hedged Global Equity Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year.	$	22.56		$	16.29		$	16.42		$	15.40		$	16.06		$	22.35		$	16.21		$	16.54		$	15.71		$	16.52
Income from Investment Operations (A)
Net Investment Income (Loss)		0.45			0.34			0.29			0.35			0.31			0.44			0.33			0.28			0.35			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.15	)		6.27			(0.10	)		1.13			(0.64	)		(3.29	)		6.21			(0.18	)		1.12			(0.66	)
Total from Investment Operations		(3.70	)		6.61			0.19			1.48			(0.33	)		(2.85	)		6.54			0.10			1.47			(0.35	)
Less Distributions:
Net Investment Income		(0.45	)		(0.34	)		(0.29	)		(0.35	)		(0.30	)		(0.44	)		(0.20	)		(0.43	)		(0.44	)		(0.27	)
Net Realized Gains		(0.17	)		—			(0.03	)		(0.11	)		(0.03	)		(0.97	)		(0.20	)		—			(0.20	)		(0.19	)
Total Distributions		(0.62	)		(0.34	)		(0.32	)		(0.46	)		(0.33	)		(1.41	)		(0.40	)		(0.43	)		(0.64	)		(0.46	)
Net Asset Value, End of Year	$	18.24		$	22.56		$	16.29		$	16.42		$	15.40		$	18.09		$	22.35		$	16.21		$	16.54		$	15.71
Total Return		(16.62	%)		40.75	%		1.25	%		9.94	%		(2.16	%)		(13.65	%)		40.81	%		0.47	%		10.10	%		(2.28	%)
Net Assets, End of Year (thousands)	$	949,017		$	1,088,714		$	769,602		$	879,553		$	741,512		$	270,708		$	348,707		$	288,509		$	375,832		$	403,195
Ratio of Expenses to Average Net Assets *(B)		0.27	%		0.28	%		0.32	%		0.33	%		0.35	%		0.31	%		0.32	%		0.36	%		0.37	%		0.34	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(B)		0.45	%		0.46	%		0.56	%		0.60	%		0.59	%		0.51	%		0.53	%		0.61	%		0.63	%		0.60	%
Ratio of Net Investment Income to Average Net Assets		2.22	%		1.64	%		1.81	%		2.23	%		1.89	%		2.25	%		1.60	%		1.78	%		2.25	%		1.87	%
* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.20	%		0.22	%		0.25	%		0.27	%		0.27	%		0.24	%		0.25	%		0.28	%		0.30	%		0.29	%

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

See accompanying Notes to Financial Statements.

130

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Portfolio															Emerging Markets Small Cap Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	33.05		$	27.64		$	27.56		$	25.46		$	29.55		$	26.03		$	19.67		$	20.07		$	18.72		$	23.49
Income from Investment Operations (A)
Net Investment Income (Loss)		0.88			0.74			0.55			0.73			0.61			0.59			0.52			0.41			0.48			0.53
Net Gains (Losses) on Securities (Realized and Unrealized)		(9.07	)		5.32			0.07			2.05			(4.14	)		(6.16	)		6.41			(0.24	)		1.87			(4.22	)
Total from Investment Operations		(8.19	)		6.06			0.62			2.78			(3.53	)		(5.57	)		6.93			0.17			2.35			(3.69	)
Less Distributions:
Net Investment Income		(0.91	)		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(1.00	)		(0.57	)		(0.44	)		(0.46	)		(0.53	)
Net Realized Gains		(1.17	)		—			—			—			—			(0.70	)		—			(0.13	)		(0.54	)		(0.55	)
Total Distributions		(2.08	)		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(1.70	)		(0.57	)		(0.57	)		(1.00	)		(1.08	)
Net Asset Value, End of Year	$	22.78		$	33.05		$	27.64		$	27.56		$	25.46		$	18.76		$	26.03		$	19.67		$	20.07		$	18.72
Total Return		(25.94	%)		21.91	%		2.36	%		11.06	%		(12.14	%)		(22.57	%)		35.51	%		0.81	%		12.96	%		(16.45	%)
Net Assets, End of Year (thousands)	$	3,938,781		$	6,225,187		$	5,652,358		$	5,968,318		$	5,394,188		$	3,511,909		$	5,115,924		$	4,879,733		$	6,423,859		$	6,304,406
Ratio of Expenses to Average Net Assets (C)		0.36	%		0.39	%		0.44	%		0.48	%		0.47	%		0.59	%		0.63	%		0.69	%		0.72	%		0.70	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.46	%		0.49	%		0.54	%		0.58	%		0.57	%		0.79	%		0.83	%		0.89	%		0.92	%		0.90	%
Ratio of Net Investment Income to Average Net Assets		3.05	%		2.19	%		2.07	%		2.70	%		2.08	%		2.57	%		2.10	%		2.20	%		2.44	%		2.31	%

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

See accompanying Notes to Financial Statements.

131

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,
	2022			2021			2020			2019			2018
Net Asset Value, Beginning of Year	$	31.28		$	23.78		$	27.16		$	26.64		$	30.13
Income from Investment Operations (A)
Net Investment Income (Loss)		1.26			0.82			0.59			0.63			0.63
Net Gains (Losses) on Securities (Realized and Unrealized)		(7.31	)		7.45			(3.27	)		0.56			(3.48	)
Total from Investment Operations		(6.05	)		8.27			(2.68	)		1.19			(2.85	)
Less Distributions:
Net Investment Income		(1.32	)		(0.77	)		(0.70	)		(0.67	)		(0.64	)
Total Distributions		(1.32	)		(0.77	)		(0.70	)		(0.67	)		(0.64	)
Net Asset Value, End of Year	$	23.91		$	31.28		$	23.78		$	27.16		$	26.64
Total Return		(19.74	%)		34.91	%		(9.98	%)		4.57	%		(9.66	%)
Net Assets, End of Year (thousands)	$	12,956		$	13,709		$	12,587		$	29,146		$	25,150
Ratio of Expenses to Average Net Assets (C)		0.69	%		0.74	%		0.77	%		0.81	%		0.80	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.79	%		0.84	%		0.87	%		0.91	%		0.90	%
Ratio of Net Investment Income to Average Net Assets		4.34	%		2.68	%		2.41	%		2.29	%		2.07	%

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

See accompanying Notes to Financial Statements.

132

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Value Portfolio-Institutional Class Shares
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	31.48		$	23.93		$	27.34		$	26.81		$	30.32
Income from Investment Operations (A)
Net Investment Income (Loss)		1.32			0.90			0.71			0.70			0.73
Net Gains (Losses) on Securities (Realized and Unrealized)		(7.34	)		7.50			(3.35	)		0.57			(3.53	)
Total from Investment Operations		(6.02	)		8.40			(2.64	)		1.27			(2.80	)
Less Distributions:
Net Investment Income		(1.39	)		(0.85	)		(0.77	)		(0.74	)		(0.71	)
Total Distributions		(1.39	)		(0.85	)		(0.77	)		(0.74	)		(0.71	)
Net Asset Value, End of Year	$	24.08		$	31.48		$	23.93		$	27.34		$	26.81
Total Return		(19.51	%)		35.24	%		(9.75	%)		4.83	%		(9.45	%)
Net Assets, End of Year (thousands)	$	9,600,125		$	13,258,001		$	12,596,902		$	17,161,936		$	16,431,410
Ratio of Expenses to Average Net Assets (C)		0.45	%		0.49	%		0.52	%		0.56	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.55	%		0.59	%		0.62	%		0.66	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		4.49	%		2.92	%		2.87	%		2.54	%		2.37	%

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

See accompanying Notes to Financial Statements.

133

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Core Equity Portfolio															Emerging Markets Targeted Value Portfolio
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Period Nov 14, 2018 ʊ to Oct 31, 2019
Net Asset Value, Beginning of Period	$	25.16		$	20.34		$	20.59		$	18.95		$	22.38		$	13.13		$	9.71		$	10.43		$	10.00
Income from Investment Operations (A)
Net Investment Income (Loss)		0.75			0.57			0.43			0.53			0.50			0.30			0.28			0.21			0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.97	)		4.76			(0.22	)		1.64			(3.47	)		(2.85	)		3.39			(0.59	)		0.20
Total from Investment Operations		(6.22	)		5.33			0.21			2.17			(2.97	)		(2.55	)		3.67			(0.38	)		0.44
Less Distributions:
Net Investment Income		(0.81	)		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.42	)		(0.23	)		(0.23	)		(0.01	)
Net Realized Gains		—			—			—			—			—			(0.87	)		(0.02	)		(0.11	)		—
Total Distributions		(0.81	)		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(1.29	)		(0.25	)		(0.34	)		(0.01	)
Net Asset Value, End of Period	$	18.13		$	25.16		$	20.34		$	20.59		$	18.95		$	9.29		$	13.13		$	9.71		$	10.43
Total Return		(25.06	%)		26.19	%		1.13	%		11.61	%		(13.48	%)		(21.40	%)		38.29	%		(3.89	%)		4.38	%(D)
Net Assets, End of Period (thousands)	$	20,968,575		$	29,155,369		$	24,780,700		$	28,622,610		$	25,372,759		$	189,926		$	234,921		$	170,163		$	114,360
Ratio of Expenses to Average Net Assets		0.40	%		0.42	%		0.49	%		0.52	%		0.52	%		0.66	%		0.72	%		0.84	%		0.85	%(E)(F)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.40	%		0.42	%		0.50	%		0.53	%		0.52	%		0.66	%		0.72	%		0.87	%		0.95	%(E)(F)
Ratio of Net Investment Income to Average Net Assets		3.33	%		2.26	%		2.19	%		2.62	%		2.25	%		2.72	%		2.19	%		2.26	%		2.30	%(E)(F)
Portfolio Turnover Rate		14	%		10	%		15	%		4	%		4	%		28	%		29	%		34	%		12	%(D)

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

See accompanying Notes to Financial Statements.

134

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Ex China Core Equity Portfolio
	Period Nov 15, 2021 ʊ to Oct 31, 2022
Net Asset Value, Beginning of Period	$	10.00
Income from Investment Operations (A)
Net Investment Income (Loss)		0.28
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.28	)
Total from Investment Operations		(2.00	)
Less Distributions:
Net Investment Income		(0.24	)
Total Distributions		(0.24	)
Net Asset Value, End of Period	$	7.76
Total Return		(20.16	%)(D)
Net Assets, End of Period (thousands)	$	424,447
Ratio of Expenses to Average Net Assets		0.43	%(E)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.54	%(E)
Ratio of Net Investment Income to Average Net Assets		3.20	%(E)
Portfolio Turnover Rate		41	%(D)

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

See accompanying Notes to Financial Statements.

135

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

Of the Portfolios, seven invest all of their assets in a corresponding series or fund (each such Portfolio, a “Feeder Fund”). Of the Feeder Funds, six invest all of their assets in a corresponding series of The DFA Investment Trust Company (“DFAITC”) and one invests all of its assets in the Dimensional Emerging Markets Value Fund (“DEM”) (each such series within DFAITC and DEM, a “Master Fund”, treated as partnerships for federal income tax purposes). Six of the Portfolios generally allocate their assets among other funds managed by Dimensional Fund Advisors LP (each such Portfolio, a “Fund of Funds”). The Fund of Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The International Small Company Portfolio invests in five Master Funds within DFAITC. The Global Small Company Portfolio invests in six Master Funds within DFAITC and one underlying fund within the Fund (each such underlying fund within the Fund, an “Underlying Fund”). The DFA Global Real Estate Securities Portfolio invests in two Underlying Funds within the Fund and directly in securities. The World ex U.S. Value Portfolio invests in three Master/Underlying Funds within the Fund, DFAITC, and DEM. The World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio each invest in three Underlying Funds within the Fund. As of October 31, 2022, the following Portfolios were the owner of record of the following approximate percentages of the total outstanding shares of the following Master/Underlying Funds as detailed below:

Feeder Funds	Master/Underlying Funds	Percentage Ownership at 10/31/22
Japanese Small Company Portfolio	The Japanese Small Company Series		11	%
Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series		19	%
United Kingdom Small Company Portfolio	The United Kingdom Small Company Series		2	%
Continental Small Company Portfolio	The Continental Small Company Series		14	%
Emerging Markets Portfolio	The Emerging Markets Series		99	%
Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series		99	%
Emerging Markets Value Portfolio	Dimensional Emerging Markets Value Fund		99	%

Funds of Funds	Underlying Funds	Percentage Ownership at 10/31/22
International Small Company Portfolio	The Continental Small Company Series		86	%
	The Japanese Small Company Series		89	%
	The United Kingdom Small Company Series		98	%
	The Asia Pacific Small Company Series		81	%
	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		—

136

Funds of Funds	Underlying Funds	Percentage Ownership at 10/31/22
	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		3	%
	DFA International Real Estate Securities Portfolio		62	%
World ex U.S. Value Portfolio	Dimensional Emerging Markets Value Fund		1	%
	DFA International Small Cap Value Portfolio		—
	The DFA International Value Series		1	%
World Core Equity Portfolio	U.S. Core Equity 1 Portfolio		2	%
	International Core Equity Portfolio		1	%
	Emerging Markets Core Equity Portfolio		—
Selectively Hedged Global Equity Portfolio	U.S. Core Equity 2 Portfolio		1	%
	International Core Equity Portfolio		—
	Emerging Markets Core Equity Portfolio		—

* DFA Global Real Estate Securities Portfolio invests in two Underlying Funds as indicated and securities listed on its Summary Schedule of Investments.

To achieve its investment objective, each Feeder Fund and Fund of Funds invests substantially all of its assets in corresponding Master and/or Underlying Funds as indicated above. The DFA Global Real Estate Securities Portfolio may pursue its investment objective by investing its assets in its Underlying Funds and/or directly in securities of companies in the real estate industry. Each Feeder Fund and Fund of Funds also invests in short-term temporary cash investments and futures. In addition, each Fund of Funds may engage in forward currency contracts.

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

B. Significant Accounting Policies:

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

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

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Securities held by Large Cap International Portfolio, International Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, World ex U.S. Core Equity Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity Portfolio, International High Relative Profitability Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio (the “International Equity Portfolios”), including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the International Equity Portfolios value the securities 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the International Equity Portfolios’ shares (at the close of the NYSE), the International Equity Portfolios will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the International Equity Portfolios’ foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, Dimensional Fund Advisors LP has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

138

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

Shares held by the Portfolios in other investment companies (such as the Master/Underlying Funds) are valued at their respective daily net asset values as reported by their administrator. The Feeder Funds’, International Small Company Portfolio’s, Global Small Company Portfolio’s and World ex U.S. Value Portfolio’s investments in series of either DFAITC or DEM reflect their proportionate interest in the net assets of such corresponding Master Fund(s). These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios’ investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Summary Schedule of Portfolio Holdings/Schedule of Investments (except for the Feeder Funds). The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Portfolios whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolios enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Portfolios also enter into forward currency contracts for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked-to-market daily based on daily forward exchange rates.

The International Equity Portfolios do not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized. However, the Selectively Hedged Global Equity Portfolio does isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

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

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

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

139

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, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolios. For the year ended October 31, 2022, the Portfolios’ investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

Large Cap International Portfolio	0.14	%
International Core Equity Portfolio	0.20	%
Global Small Company Portfolio	0.37	%*
International Small Company Portfolio	0.27	%*
Japanese Small Company Portfolio	0.37	%*
Asia Pacific Small Company Portfolio	0.37	%*
United Kingdom Small Company Portfolio	0.37	%*
Continental Small Company Portfolio	0.37	%*
DFA International Real Estate Securities Portfolio	0.24	%

140

DFA Global Real Estate Securities Portfolio	0.20	%
DFA International Small Cap Value Portfolio	0.41	%*
International Vector Equity Portfolio	0.32	%*
International High Relative Profitability Portfolio	0.25	%
World ex U.S. Value Portfolio	0.34	%*
World ex U.S. Core Equity Portfolio	0.25	%
World ex U.S. Targeted Value Portfolio	0.42	%*
World Core Equity Portfolio	0.22	%
Selectively Hedged Global Equity Portfolio	0.24	%
Emerging Markets Portfolio	0.29	%
Emerging Markets Small Cap Portfolio	0.52	%
Emerging Markets Value Portfolio	0.39	%*
Emerging Markets Core Equity Portfolio	0.33	%
Emerging Markets Targeted Value Portfolio	0.52	%
Emerging Markets ex China Core Equity Portfolio	0.33	%

* Effective as of February 28, 2022, the management fees payable by the following Portfolios were reduced as follows:

Portfolio	Management Fee Prior to February 28, 2022			Management Fee Effective February 28, 2022
Global Small Company Portfolio		0.40	%		0.35	%
International Small Company Portfolio		0.30	%		0.25	%
Japanese Small Company Portfolio		0.40	%		0.35	%
Asia Pacific Small Company Portfolio		0.40	%		0.35	%
United Kingdom Small Company Portfolio		0.40	%		0.35	%
Continental Small Company Portfolio		0.40	%		0.35	%
DFA International Small Cap Value Portfolio		0.45	%		0.39	%
International Vector Equity Portfolio		0.35	%		0.30	%
World ex U.S. Value Portfolio		0.37	%		0.32	%
World ex U.S. Targeted Value Portfolio		0.45	%		0.40	%
Emerging Markets Value Portfolio		0.41	%		0.38	%

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, 2023, 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, 2022, 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, 2022, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of October 31, 2022, are also reflected below (amounts in thousands). At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee Limit listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee Limit that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total Management Fee Limit in place for the Portfolio. The Advisor, however, will not be reimbursed by a Feeder Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of a Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the

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Advisor more than thirty-six months before the date of recovery. With respect to the World ex U.S. Value Portfolio, World Core Equity Portfolio, World ex U.S. Targeted Value Portfolio and Selectively Hedged Global Equity Portfolio, the Advisor shall also not be reimbursed for any management fees previously waived to offset a Portfolio’s proportionate share of the management fees paid by such Portfolio through its investment in other funds managed by the Advisor.

Institutional Class Shares	Expense Limitation Amount			Total Management Fee Limit			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ ExpensesAssumed Subject to Future Recovery
Large Cap International Portfolio (1)		0.24	%		—			—		—		—
International Core Equity Portfolio (1)		0.30	%		—			—		—		—
Global Small Company Portfolio (2)		0.42	%		—		$	2	$	205	$	581
International Small Company Portfolio (3)		0.45	%		—			—		—		—
Japanese Small Company Portfolio (4)		0.42	%		0.35	%		—		321		—
Asia Pacific Small Company Portfolio (4)		0.42	%		0.35	%		—		324		—
United Kingdom Small Company Portfolio (4)		0.42	%		0.35	%		27		36		23
Continental Small Company Portfolio (4)		0.42	%		0.35	%		—		770		—
DFA International Real Estate Securities Portfolio (1)		0.29	%		—			—		—		—
DFA Global Real Estate Securities Portfolio (5)		0.24	%		—			68		8,559		25,717
International Vector Equity Portfolio (1)		0.60	%		—			—		—		—
International High Relative Profitability Portfolio (2)		0.35	%		—			—		—		—
World ex U.S. Value Portfolio (6)		0.60	%		0.32	%		—		447		—
World ex U.S. Core Equity Portfolio (7)		0.39	%		—			—		—		—
World ex U.S. Targeted Value Portfolio (8)		0.80	%		0.40	%		—		—		—
World Core Equity Portfolio (9)		0.27	%		0.22	%		34		1,860		594
Selectively Hedged Global Equity Portfolio (10)		0.40	%		0.24	%		—		608		—
Emerging Markets Portfolio (11)		0.49	%		0.29	%		—		5,136		—
Emerging Markets Small Cap Portfolio (12)		—			0.52	%		—		8,926		—
Emerging Markets Value Portfolio (12)		—			0.38	%		—		11,796		—
Emerging Markets Core Equity Portfolio (1)		0.54	%		—			—		—		—

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Institutional Class Shares	Expense Limitation Amount			Total Management Fee Limit			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
Emerging Markets Targeted Value Portfolio (2)		0.85	%		—			—		—		—
Emerging Markets ex China Core Equity Portfolio (2)		0.43	%		—			—	$	384	$	384
Class R2 Shares
Emerging Markets Value Portfolio (13)		0.96	%		0.38	%		—		14		—

(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.

(2) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the ordinary operating expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor, excluding money market funds, but excluding the expenses that the Portfolio incurs indirectly through its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”). Prior to February 28, 2022, the Expense Limitation Amount for the Global Small Company Portfolio was 0.47% of the average net assets of such class of the Portfolio on an annualized basis.

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

(4) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by each Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.35% of the average net assets of a class of a Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.40%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.47%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.50%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of each Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each class of a Portfolio to the rates listed above as a percentage of the average net assets of each class of such Portfolios on an annualized basis (the “Expense Limitation Amount”).

(5) 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, 2022, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.32% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2021 to February 27, 2022, the Total Management Fee Limit was 0.37%. From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.43%. Prior to February 28, 2020, the Total Management Fee Limit was 0.47%. In addition, under the Fee Waiver Agreement, the Advisor also has agreed to waive all or a portion of the management fee that remains payable by the Portfolio (i.e., the management fee remaining after the proportionate share of the Master/Underlying Funds’ management fees have been offset (the “Remaining Management Fee”)) to the extent necessary to reduce the Portfolio’s ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) to the rate listed above as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”). The maximum amount that may be waived to limit Portfolio Expenses is the amount of the Remaining Management Fee.

(7) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/ Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through its investment of its securities lending cash collateral in the Money Market Series and its investment in unaffiliated investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

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(8) Effective February 28, 2022, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.40% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in other funds managed by the Advisor, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2021 to February 27, 2022, the Total Management Fee Limit was 0.45%. From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.53%. Prior to February 28, 2020, the Total Management Fee Limit was 0.58%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the ordinary operating expenses of a class of the Portfolio (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(9) Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.22% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (including the Portfolio’s proportionate share of any management fees that a Master/Underlying Fund paid through its investment in an affiliated cash management fund) (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.27%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of a class of the Portfolio so that such Portfolio Expenses do not exceed the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”). From February 28, 2019 to February 27, 2021, the Expense Limitation Amount was 0.32% of the average net assets of such class of the Portfolio on an annualized basis. From June 27, 2014 to February 27, 2019, the Expense Limitation Amount was 0.35% of the average net assets of such class of the Portfolio on an annualized basis.

(10) Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.24% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.28%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(11) Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.29% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.37%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.42%. 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”).

(12) Effective February 28, 2021 (February 28, 2022, with respect to the Emerging Markets Value Portfolio), the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by a Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund (the “Money Market Series”), to the rate listed above as a percentage of the average net assets of a class of a Portfolio on an annualized basis (the“Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit for the Emerging Markets Value Portfolio was 0.41%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limits for the Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio were 0.60% and 0.45%, respectively. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limits for the Emerging Markets Small Cap Portfolio and Emerging Markets Value Portfolio were 0.65% and 0.50%, respectively.

(13) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.38% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.41%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit for the Emerging Markets Value Portfolio was 0.45%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.50%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to assume the direct expenses of the Class R2 shares of the Portfolio (excluding management fees and custodian fees) to the extent necessary to limit the annualized expenses of the Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above as a percentage of the average net assets of the Class R2 shares of the Portfolio (the “Annualized Expense Ratio”).

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Earned Income Credit:

Additionally, Portfolios have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolios’ custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Portfolio’s net assets. During the year ended October 31, 2022, expenses reduced were as follows (amounts in thousands):

	Fees Paid
	Indirectly
Large Cap International Portfolio	$	197
International Core Equity Portfolio		624
Global Small Company Portfolio		1
DFA International Real Estate Securities Portfolio		211
DFA Global Real Estate Securities Portfolio		30
DFA International Small Cap Value Portfolio		101
International Vector Equity Portfolio		107
International High Relative Profitability Portfolio		19
World ex U.S. Core Equity Portfolio		34
World ex U.S. Targeted Value Portfolio		21
Selectively Hedged Global Equity Portfolio		2
Emerging Markets Core Equity Portfolio		150
Emerging Markets Targeted Value Portfolio		10
Emerging Markets ex China Core Equity Portfolio		13

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, 2022, the total related amount paid by the Fund to the CCO was $166 (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, 2022, 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	$	25
International Core Equity Portfolio		3
Global Small Company Portfolio		—
International Small Company Portfolio		96
Japanese Small Company Portfolio		7
Asia Pacific Small Company Portfolio		3
United Kingdom Small Company Portfolio		1
Continental Small Company Portfolio		—
DFA International Real Estate Securities Portfolio		11
DFA Global Real Estate Securities Portfolio		—
DFA International Small Cap Value Portfolio		165
International Vector Equity Portfolio		1
International High Relative Profitability Portfolio		—
World ex U.S. Value Portfolio		—
World ex U.S. Core Equity Portfolio		—

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World ex U.S. Targeted Value Portfolio		—
World Core Equity Portfolio		—
Selectively Hedged Global Equity Portfolio	$	1
Emerging Markets Portfolio		51
Emerging Markets Small Cap Portfolio		47
Emerging Markets Value Portfolio		256
Emerging Markets Core Equity Portfolio		69
Emerging Markets Targeted Value Portfolio		—
Emerging Markets ex China Core Equity Portfolio		—

E. Purchases and Sales of Securities:

For the year ended October 31, 2022, 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	$	720,929	$	479,717
International Core Equity Portfolio	$	3,808,915	$	3,327,491
DFA International Real Estate Securities Portfolio	$	781,335	$	332,146
DFA Global Real Estate Securities Portfolio	$	318,157	$	81,730
DFA International Small Cap Value Portfolio	$	2,629,179	$	2,817,617
International Vector Equity Portfolio	$	679,802	$	563,709
International High Relative Profitability Portfolio	$	447,300	$	430,303
World ex U.S. Core Equity Portfolio	$	513,809	$	442,555
World ex U.S. Targeted Value Portfolio	$	240,725	$	247,687
Emerging Markets Core Equity Portfolio	$	3,736,935	$	3,764,509
Emerging Markets Targeted Value Portfolio	$	71,838	$	58,488
Emerging Markets ex China Core Equity Portfolio	$	663,524	$	143,971

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

For the year ended October 31, 2022, 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, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
Large Cap International Portfolio
The DFA Short Term Investment Fund	$	301,125	$	1,691,303	$	1,746,181	$	(41	)	$	(125	)	$	246,081		21,285	$	3,098		—
Total	$	301,125	$	1,691,303	$	1,746,181	$	(41	)	$	(125	)	$	246,081		21,285	$	3,098		—

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	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
International Core Equity Portfolio
The DFA Short Term Investment Fund	$	1,595,008	$	6,875,549	$	6,992,839	$	(333	)	$	(769	)	$	1,476,616		127,724	$	18,823		—
Total	$	1,595,008	$	6,875,549	$	6,992,839	$	(333	)	$	(769	)	$	1,476,616		127,724	$	18,823		—
Global Small Company Portfolio
U.S. Small Cap Portfolio	$	58,397	$	13,064	$	10,616	$	(1,419	)	$	(7,951	)	$	51,475		1,254	$	562	$	3,071
Total	$	58,397	$	13,064	$	10,616	$	(1,419	)	$	(7,951	)	$	51,475		1,254	$	562	$	3,071
DFA International Real Estate Securities Portfolio
The DFA Short Term Investment Fund	$	310,546	$	2,745,456	$	2,795,815	$	(101	)	$	(106	)	$	259,980		22,488	$	2,027		—
Total	$	310,546	$	2,745,456	$	2,795,815	$	(101	)	$	(106	)	$	259,980		22,488	$	2,027		—
DFA Global Real Estate Securities Portfolio
DFA International Real Estate Securities Portfolio	$	3,666,704	$	656,341	$	244,904	$	(83,062	)	$	(1,239,429	)	$	2,755,650		815,281	$	275,009		—
DFA Real Estate Securities Portfolio		839,611		—		447,129		279,500			(390,765	)		281,217		7,325		11,833	$	8,517
The DFA Short Term Investment Fund		217,045		1,892,149		1,914,823		30			(77	)		194,324		16,809		1,369		—
Total	$	4,723,360	$	2,548,490	$	2,606,856	$	196,468		$	(1,630,271	)	$	3,231,191		839,415	$	288,211	$	8,517
DFA International Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	383,591	$	1,696,732	$	1,800,930	$	9		$	(167	)	$	279,235		24,153	$	3,525		—
Total	$	383,591	$	1,696,732	$	1,800,930	$	9		$	(167	)	$	279,235		24,153	$	3,525		—
International Vector Equity Portfolio
The DFA Short Term Investment Fund	$	142,988	$	740,175	$	723,638	$	(9	)	$	(86	)	$	159,430		13,790	$	2,074		—
Total	$	142,988	$	740,175	$	723,638	$	(9	)	$	(86	)	$	159,430		13,790	$	2,074		—
International High Relative Profitability Portfolio
The DFA Short Term Investment Fund	$	96,296	$	918,542	$	900,952	$	(25	)	$	(47	)	$	113,814		9,845		—		—
Total	$	96,296	$	918,542	$	900,952	$	(25	)	$	(47	)	$	113,814		9,845		—		—

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	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
World ex U.S. Value Portfolio
DFA International Small Cap Value Portfolio	$	27,414	$	3,615	$	9,388	$	636		$	(6,125	)	$	16,152		961	$	807	$	195
Total	$	27,414	$	3,615	$	9,388	$	636		$	(6,125	)	$	16,152		961	$	807	$	195
World ex U.S. Core Equity Portfolio
The DFA Short Term Investment Fund	$	144,554	$	762,962	$	740,100	$	(24	)	$	(95	)	$	167,297		14,471	$	1,725		—
Total	$	144,554	$	762,962	$	740,100	$	(24	)	$	(95	)	$	167,297		14,471	$	1,725		—
World ex U.S. Targeted Value Portfolio
The DFA Short Term Investment Fund	$	5,135	$	22,241	$	25,775	$	(1	)	$	(1	)	$	1,599		138	$	24		—
Total	$	5,135	$	22,241	$	25,775	$	(1	)	$	(1	)	$	1,599		138	$	24		—
World Core Equity Portfolio
U.S. Core Equity 1 Portfolio	$	643,173	$	146,269	$	102,980	$	(4,405	)	$	(96,139	)	$	585,918		19,085	$	8,369	$	16,695
International Core Equity Portfolio		315,518		70,511		42,238		(2,732	)		(80,484	)		260,575		21,324		10,826		—
Emerging Markets Core Equity Portfolio		131,060		31,993		21,709		(1,691	)		(36,494	)		103,159		5,690		4,461		—
Total	$	1,089,751	$	248,773	$	166,927	$	(8,828	)	$	(213,117	)	$	949,652		46,099	$	23,656	$	16,695
Selectively Hedged Global Equity Portfolio
U.S. Core Equity 2 Portfolio	$	187,179	$	23,710	$	28,907	$	2,167		$	(30,677	)	$	153,472		5,479	$	2,142	$	6,687
International Core Equity Portfolio		93,920		16,638		17,950		878			(23,663	)		69,823		5,714		2,974		—
Emerging Markets Core Equity Portfolio		62,856		13,584		15,418		255			(17,080	)		44,197		2,438		1,951		—
Total	$	343,955	$	53,932	$	62,275	$	3,300		$	(71,420	)	$	267,492		13,631	$	7,067	$	6,687
Emerging Markets Core Equity Portfolio
The DFA Short Term Investment Fund	$	524,680	$	2,343,571	$	2,443,554	$	(37	)	$	(254	)	$	424,406		36,710	$	4,599		—
Total	$	524,680	$	2,343,571	$	2,443,554	$	(37	)	$	(254	)	$	424,406		36,710	$	4,599		—

148

	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
Emerging Markets Targeted Value Portfolio
The DFA Short Term Investment Fund	$	3,070	$	17,630	$	19,032	$	(1	)	$	(1	)	$	1,666		144		—		—
Total	$	3,070	$	17,630	$	19,032	$	(1	)	$	(1	)	$	1,666		144		—		—
Emerging Markets ex China Core Equity Portfolio
DFA Short Term Investment Fund		—	$	30,936	$	24,295		—		$	(3	)	$	6,638		574	$	31		—
Total		—	$	30,936	$	24,295		—		$	(3	)	$	6,638		574	$	31		—

F. Federal Income Taxes:

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

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

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

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
Large Cap International Portfolio
2021	$	144,492		—		—	$	144,492
2022		180,306		—		—		180,306
International Core Equity Portfolio
2021		761,635		—		—		761,635
2022		1,137,901		—		—		1,137,901
Global Small Company Portfolio
2021		727		—		—		727
2022		1,603	$	1,952		—		3,555

149

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
International Small Company Portfolio
2021	$	220,133		—		—	$	220,133
2022		483,283	$	367,884		—		851,167
Japanese Small Company Portfolio
2021		10,581		—		—		10,581
2022		9,064		9,423		—		18,487
Asia Pacific Small Company Portfolio
2021		12,808		—		—		12,808
2022		15,273		26,996		—		42,269
United Kingdom Small Company Portfolio
2021		588		—		—		588
2022		1,165		742		—		1,907
Continental Small Company Portfolio
2021		13,462		—		—		13,462
2022		24,283		13,197		—		37,480
DFA International Real Estate Securities Portfolio
2021		—		—		—		—
2022		447,007		—		—		447,007
DFA Global Real Estate Securities Portfolio
2021		153,865		33,088		—		186,953
2022		384,272		96,161		—		480,433
DFA International Small Cap Value Portfolio
2021		258,254		—		—		258,254
2022		477,746		38,826		—		516,572
International Vector Equity Portfolio
2021		74,200		—		—		74,200
2022		118,326		68,984		—		187,310
International High Relative Profitability Portfolio
2021		43,180		—		—		43,180
2022		68,053		10,953		—		79,006
World ex U.S. Value Portfolio
2021		8,755		—		—		8,755
2022		10,666		—		—		10,666
World ex U.S. Core Equity Portfolio
2021		98,429		—		—		98,429
2022		119,143		—		—		119,143
World ex U.S. Targeted Value Portfolio
2021		13,860		—		—		13,860
2022		20,430		36,246		—		56,676
World Core Equity Portfolio
2021		16,210		—		—		16,210
2022		22,839		8,329		—		31,168
Selectively Hedged Global Equity Portfolio
2021		3,648		3,286		—		6,934

150

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
2022	$	7,741	$	13,787		—	$	21,528
Emerging Markets Portfolio
2021		122,695		—		—		122,695
2022		157,133		215,646		—		372,779
Emerging Markets Small Cap Portfolio
2021		128,503		—		—		128,503
2022		235,523		93,647		—		329,170
Emerging Markets Value Portfolio
2021		382,292		—		—		382,292
2022		558,916		—		—		558,916
Emerging Markets Core Equity Portfolio
2021		590,306		—		—		590,306
2022		942,726		—		—		942,726
Emerging Markets Targeted Value Portfolio
2021		4,500		—		—		4,500
2022		11,192		10,941		—		22,133
Emerging Markets ex China Core Equity Portfolio
2022		10,224		—		—		10,224

The Emerging Markets ex China Core Equity Portfolio commenced operations on November 15, 2021, and did not pay any distributions for the year ended October 31, 2021.

As of October 31, 2022, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
Large Cap International Portfolio	$	(5,894	)		—		$	(5,894	)
International Core Equity Portfolio		(36,300	)		—			(36,300	)
Global Small Company Portfolio		(91	)		—			(91	)
International Small Company Portfolio		(27,229	)	$	(4,799	)		(32,028	)
Japanese Small Company Portfolio		(403	)		(338	)		(741	)
Asia Pacific Small Company Portfolio		(625	)		—			(625	)
United Kingdom Small Company Portfolio		—			—			—
Continental Small Company Portfolio		(133	)		—			(133	)
DFA International Real Estate Securities Portfolio		—			—			—
DFA Global Real Estate Securities Portfolio		(29,561	)		—			(29,561	)
DFA International Small Cap Value Portfolio		(15,129	)		—			(15,129	)
International Vector Equity Portfolio		(5,066	)		—			(5,066	)
International High Relative Profitability Portfolio		(3,243	)		—			(3,243	)
World ex U.S. Value Portfolio		(395	)		—			(395	)
World ex U.S. Core Equity Portfolio		(4,426	)		—			(4,426	)
World ex U.S. Targeted Value Portfolio		(1,545	)		—			(1,545	)

151

	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
World Core Equity Portfolio	$	(111	)	$	(1,455	)	$	(1,566	)
Selectively Hedged Global Equity Portfolio		(1,825	)		(576	)		(2,401	)
Emerging Markets Portfolio		(17,451	)		(4,966	)		(22,417	)
Emerging Markets Small Cap Portfolio		(9,776	)		(4,687	)		(14,463	)
Emerging Markets Value Portfolio		(29,129	)		—			(29,129	)
Emerging Markets Core Equity Portfolio		(72,610	)		—			(72,610	)
Emerging Markets Targeted Value Portfolio		(491	)		(863	)		(1,354	)
Emerging Markets ex China Core Equity Portfolio		(1,148	)		—			(1,148	)

As of October 31, 2022, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
Large Cap International Portfolio	$	11,634		—	$	(472,554	)	$	643,490		$	182,570
International Core Equity Portfolio		17,601		—		(913,989	)		74,387			(822,001	)
Global Small Company Portfolio		753	$	38		—			2,050			2,841
International Small Company Portfolio		68,133		121,673		—			(928,518	)		(738,712	)
Japanese Small Company Portfolio		3,187		11,988		—			(32,606	)		(17,431	)
Asia Pacific Small Company Portfolio		6,344		15,727		—			(75,313	)		(53,242	)
United Kingdom Small Company Portfolio		—		—		(2,765	)		(4,185	)		(6,950	)
Continental Small Company Portfolio		2,643		—		(25,916	)		(27,990	)		(51,263	)
DFA International Real Estate Securities Portfolio		—		—		(657,909	)		(1,342,213	)		(2,000,122	)
DFA Global Real Estate Securities Portfolio		41,604		312,816		—			(606,343	)		(251,923	)
DFA International Small Cap Value Portfolio		68,218		—		(57,347	)		(677,076	)		(666,205	)
International Vector Equity Portfolio		8,361		—		(12,557	)		34,959			30,763
International High Relative Profitability Portfolio		457		—		(55,801	)		(45,485	)		(100,829	)
World ex U.S. Value Portfolio		1,370		—		(9,831	)		(1,980	)		(10,441	)
World ex U.S. Core Equity Portfolio		10,324		—		(29,962	)		(108,673	)		(128,311	)
World ex U.S. Targeted Value Portfolio		1,200		—		(12,457	)		(87,169	)		(98,426	)
World Core Equity Portfolio		—		13,462		—			164,859			178,321
Selectively Hedged Global Equity Portfolio		14,094		8,996		—			77,009			100,099
Emerging Markets Portfolio		21,663		10,992		—			807,386			840,041
Emerging Markets Small Cap Portfolio		6,751		76,813		—			(252,803	)		(169,239	)
Emerging Markets Value Portfolio		79,331		—		(1,360,368	)		(570,999	)		(1,852,036	)
Emerging Markets Core Equity Portfolio		96,334		—		(2,133,382	)		678,979			(1,358,069	)

152

	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 Targeted Value Portfolio	$	4,020	$	3,675		—		$	(16,252	)	$	(8,557	)
Emerging Markets ex China Core Equity Portfolio		105		—	$	(9,242	)		(87,455	)		(96,592	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2022, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

	Unlimited		Total
Large Cap International Portfolio	$	472,554	$	472,554
International Core Equity Portfolio		913,989		913,989
United Kingdom Small Company Portfolio		2,765		2,765
Continental Small Company Portfolio		25,916		25,916
DFA International Real Estate Securities Portfolio		657,909		657,909
DFA International Small Cap Value Portfolio		57,347		57,347
International Vector Equity Portfolio		12,557		12,557
International High Relative Profitability Portfolio		55,801		55,801
World ex U.S. Value Portfolio		9,831		9,831
World ex U.S. Core Equity Portfolio		29,962		29,962
World ex U.S. Targeted Value Portfolio		12,457		12,457
Emerging Markets Value Portfolio		1,360,368		1,360,368
Emerging Markets Core Equity Portfolio		2,133,382		2,133,382
Emerging Markets ex China Core Equity Portfolio		9,242		9,242

During the year ended October 31, 2022, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

International Core Equity Portfolio	$	351,020
World ex U.S. Value Portfolio		49
World ex U.S. Core Equity Portfolio		70,379
Emerging Markets Value Portfolio		349,233
Emerging Markets Core Equity Portfolio		14,600

As of October 31, 2022, 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	$	4,338,136	$	1,135,170	$	(490,572	)	$	644,598
International Core Equity Portfolio		27,220,758		4,822,759		(4,737,359	)		85,400
Global Small Company Portfolio		80,761		2,109		—			2,109
International Small Company Portfolio		10,236,196		—		(925,265	)		(925,265	)

153

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Japanese Small Company Portfolio	$	300,127		—	$	(32,510	)	$	(32,510	)
Asia Pacific Small Company Portfolio		305,564		—		(75,306	)		(75,306	)
United Kingdom Small Company Portfolio		22,595		—		(4,189	)		(4,189	)
Continental Small Company Portfolio		755,766		—		(139,286	)		(139,286	)
DFA International Real Estate Securities Portfolio		6,011,628	$	355,222		(1,695,813	)		(1,340,591	)
DFA Global Real Estate Securities Portfolio		8,625,872		1,133,036		(1,739,379	)		(606,343	)
DFA International Small Cap Value Portfolio		10,432,581		1,379,301		(2,054,544	)		(675,243	)
International Vector Equity Portfolio		2,972,309		483,094		(447,448	)		35,646
International High Relative Profitability Portfolio		1,759,210		172,160		(217,353	)		(45,193	)
World ex U.S. Value Portfolio		195,640		—		(1,591	)		(1,591	)
World ex U.S. Core Equity Portfolio		3,358,143		564,526		(669,923	)		(105,397	)
World ex U.S. Targeted Value Portfolio		654,172		51,891		(138,264	)		(86,373	)
World Core Equity Portfolio		784,795		168,740		(3,882	)		164,858
Selectively Hedged Global Equity Portfolio		190,492		76,936		—			76,936
Emerging Markets Portfolio		3,130,085		807,386		—			807,386
Emerging Markets Small Cap Portfolio		3,731,854		—		(223,049	)		(223,049	)
Emerging Markets Value Portfolio		10,126,974		—		(508,262	)		(508,262	)
Emerging Markets Core Equity Portfolio		20,488,138		5,647,945		(4,816,494	)		831,451
Emerging Markets Targeted Value Portfolio		208,109		27,800		(42,817	)		(15,017	)
Emerging Markets ex China Core Equity Portfolio		518,068		16,875		(104,329	)		(87,454	)

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolios’ tax positions and has concluded that no additional provision for income tax is required in the Portfolios’ financial statements. The Portfolios are not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G. Capital Share Transactions:

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

	Year Ended October 31, 2022						Year Ended October 31, 2021
	Amount			Shares			Amount			Shares
Emerging Markets Value Portfolio
Class R2 Shares
Shares Issued	$	3,651			126		$	1,397			45
Shares Issued in Lieu of Cash Distributions		643			24			349			12
Shares Redeemed		(1,372	)		(47	)		(4,468	)		(148	)
Net Increase (Decrease) — Class R2 Shares	$	2,922			103		$	(2,722	)		(91	)

154

	Year Ended October 31, 2022						Year Ended October 31, 2021
	Amount			Shares			Amount			Shares
Institutional Class Shares
Shares Issued	$	1,869,015			64,765		$	1,801,928			58,072
Shares Issued in Lieu of Cash Distributions		535,904			19,754			368,063			12,127
Shares Redeemed		(3,126,872	)		(106,882	)		(5,470,382	)		(175,490	)
Net Increase (Decrease) — Institutional Class Shares	$	(721,953	)		(22,363	)	$	(3,300,391	)		(105,291	)

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.

2. Forward Currency Contracts: The Portfolios listed below may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency. The Selectively Hedged Global Equity Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Selectively Hedged Global Equity Portfolio’s currency exposure with respect to a foreign market will be based primarily on the Portfolio’s existing exposure to a given foreign currency. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

155

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, 2022 was as follows (amounts in thousands):

	Forward Currency Contracts*		Futures**
Large Cap International Portfolio	$	—	$	63,262
International Core Equity Portfolio		—		276,847
International Small Company Portfolio		—		98,398
DFA International Real Estate Securities Portfolio		—		49,453
DFA Global Real Estate Securities Portfolio		—		2,481
DFA International Small Cap Value Portfolio		—		164,150
International Vector Equity Portfolio		—		26,927
International High Relative Profitability Portfolio		—		5,525
World ex U.S. Core Equity Portfolio		—		31,765
World ex U.S. Targeted Value Portfolio		—		1,825
Selectively Hedged Global Equity Portfolio		83,655		3,601
Emerging Markets Core Equity Portfolio		—		223,852
Emerging Markets Targeted Value Portfolio		—		1,496
Emerging Markets ex China Core Equity Portfolio		—		1,233

* 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, 2022 (amounts in thousands):

	Asset Derivatives Value
	Total Value at October 31, 2022		Forward Currency Contracts (1)		Equity Contracts *,(2)
Large Cap International Portfolio	$	1,432		—	$	1,432

156

	Asset Derivatives Value
	Total Value at October 31, 2022		Forward Currency Contracts (1)		Equity Contracts *,(2)
International Core Equity Portfolio	$	5,896		—	$	5,896
International Small Company Portfolio		2,412		—		2,412
DFA International Real Estate Securities Portfolio		1,581		—		1,581
DFA Global Real Estate Securities Portfolio		1,144		—		1,144
DFA International Small Cap Value Portfolio		3,422		—		3,422
International Vector Equity Portfolio		439		—		439
World ex U.S. Core Equity Portfolio		867		—		867
Selectively Hedged Global Equity Portfolio		483	$	483		—
Emerging Markets Core Equity Portfolio		5,731		—		5,731

	Liability Derivatives Value
	Total Value at October 31, 2022			Forward Currency Contracts (3)			Equity Contracts *,(4)
Selectively Hedged Global Equity Portfolio	$	(511	)	$	(379	)	$	(132	)

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

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

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

(4) Presented on Statements of Assets and Liabilities as 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 Portfolios’ derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2022 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
Large Cap International Portfolio	$	(12,682	)		—	$	(12,682	)
International Core Equity Portfolio		(44,185	)		—		(44,185	)
Global Small Company Portfolio		34			—		34	*
International Small Company Portfolio		(19,889	)		—		(19,889	)
DFA International Real Estate Securities Portfolio		(4,273	)		—		(4,273	)
DFA Global Real Estate Securities Portfolio		174			—		174
DFA International Small Cap Value Portfolio		(36,186	)		—		(36,186	)
International Vector Equity Portfolio		(3,680	)		—		(3,680	)
International High Relative Profitability Portfolio		291			—		291	*
World ex U.S. Value Portfolio		(44	)		—		(44	)*
World ex U.S. Core Equity Portfolio		(3,864	)		—		(3,864	)
World ex U.S. Targeted Value Portfolio		174			—		174	*

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	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
World Core Equity Portfolio	$	(6	)		—	$	(6	)*
Selectively Hedged Global Equity Portfolio		11,181		$	11,432		(251	)
Emerging Markets Core Equity Portfolio		(37,872	)		—		(37,872	)
Emerging Markets Targeted Value Portfolio		(135	)		—		(135	)
Emerging Markets ex China Core Equity Portfolio		(495	)		—		(495	)*

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Forward Currency Contracts (3)			Equity Contracts (4)
Large Cap International Portfolio	$	(202	)		—		$	(202	)
International Core Equity Portfolio		(3,107	)		—			(3,107	)
International Small Company Portfolio		271			—			271
DFA International Real Estate Securities Portfolio		171			—			171
DFA Global Real Estate Securities Portfolio		1,144			—			1,144
DFA International Small Cap Value Portfolio		(1,079	)		—			(1,079	)
International Vector Equity Portfolio		(387	)		—			(387	)
World ex U.S. Core Equity Portfolio		(167	)		—			(167	)
World ex U.S. Targeted Value Portfolio		(46	)		—			(46	)
Selectively Hedged Global Equity Portfolio		(477	)	$	(243	)		(234	)
Emerging Markets Core Equity Portfolio		(2,325	)		—			(2,325	)
Emerging Markets Targeted Value Portfolio		(54	)		—			(54	)

(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, 2022, there were no futures contracts outstanding. During the year ended October 31, 2022, 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 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.

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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, 2022 (amounts in thousands):

			Net		Gross Amounts Not											Net		Gross Amounts Not
			Amounts		Offset in the											Amounts		Offset in the
			of		Statements of Assets											of		Statements of Assets
			Assets		and Liabilities											Liabilities		and Liabilities
			Presented													Presented
	Gross		in the											Gross		in the
	Amounts of		Statements											Amounts of		Statements
	Recognized		of Assets		Financial			Non-Cash		Cash		Net		Recognized		of Assets		Financial			Non-Cash		Cash		Net
	Assets		and		Instruments			Collateral		Collateral		Amount		Liabilities		and		Instruments			Collateral		Collateral		Amount
Description	(a)		Liabilities		(b)			Received		Received		(c)		(a)		Liabilities		(d)			Pledged		Pledged		(e)
	Assets													Liabilities
Selectively Hedged Global Equity Portfolio
Societe Generale	$	9	$	9		—			—		—	$	9		—		—		—			—		—		—
Citibank, N.A		12		12	$	(12	)		—		—		—	$	111	$	111	$	(12	)		—		—	$	99
UBS AG		341		341		—			—		—		341		—		—		—			—		—		—
State Street Bank and Trust		118		118		(118	)		—		—		—		203		203		(118	)		—		—		85
HSBC Bank		—				—			—		—		—		8		8		—			—		—		8
Bank of America Corp		3		3		(3	)		—		—		—		10		10		(3	)		—		—		7
Morgan Stanley and Co. International		—		—		—			—		—		—		47		47		—			—		—		47
Total	$	483	$	483	$	(133	)		—		—	$	350	$	379	$	379	$	(133	)		—		—	$	246

(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 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on January 1, 2023.

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For the year ended October 31, 2022, 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 10/31/2022
Large Cap International Portfolio		3.83	%	$	5,269		4	$	2	$	6,982		—
International Core Equity Portfolio		3.83	%		3,969		2		1		5,274		—
Global Small Company Portfolio		1.82	%		223		46		—		1,760		—
International Small Company Portfolio		1.08	%		23,176		4		3		27,039		—
DFA International Real Estate Securities Portfolio		2.15	%		6,674		15		5		18,809		—
DFA Global Real Estate Securities Portfolio		1.92	%		4,360		25		5		16,645		—
DFA International Small Cap Value Portfolio		2.48	%		1,824		5		1		3,221		—
International Vector Equity Portfolio		3.27	%		1,964		4		1		7,845		—
International High Relative Profitability Portfolio		2.56	%		4,156		61		16		27,171		—
World ex U.S. Value Portfolio		1.80	%		200		30		—		1,071		—
World ex U.S. Core Equity Portfolio		1.83	%		1,261		14		1		2,927		—
World ex U.S. Targeted Value Portfolio		2.24	%		2,983		77		16		10,833		—
World Core Equity Portfolio		1.40	%		897		120		4		8,460		—
Selectively Hedged Global Equity Portfolio		2.72	%		749		14		—		2,051		—
Emerging Markets Core Equity Portfolio		2.27	%		2,127		12		2		6,636		—
Emerging Markets Targeted Value Portfolio		1.97	%		1,155		25		2		2,439	$	916
Emerging Markets ex China Core Equity Portfolio		2.21	%		9,510		34		16		31,278		—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022, that each Portfolio’s available line of credit was used.

Pursuant to an exemptive order issued by the SEC (the “Order”), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made

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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, 2022, 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 10/31/2022
DFA International Real Estate Securities Portfolio	Borrower		3.44	%	$	48,486		1	$	5	$	48,486		—
Emerging Markets Core Equity Portfolio	Borrower		3.44	%		20,000		3		6		20,000		—
Emerging Markets ex China Core Equity Portfolio	Borrower		1.94	%		43,054		4		9		43,178		—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022 that the Portfolio utilized the interfund lending program.

J. Affiliated Trades:

Cross trades for the year ended October 31, 2022, if any, were executed by the Portfolios pursuant to procedures adopted by the Board of Directors of the Fund to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board of Directors of the Fund.

For the year ended October 31, 2022, 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	$	65,316	$	49,754	$	(17,757	)
International Core Equity Portfolio		231,336		138,743		(6,854	)
DFA Global Real Estate Securities Portfolio		29,992		287		(481	)
DFA International Small Cap Value Portfolio		182,554		406,702		(130,631	)
International Vector Equity Portfolio		50,537		95,090		6,759
International High Relative Profitability Portfolio		76,151		66,961		(7,786	)
World ex U.S. Core Equity Portfolio		15,251		17,741		1,232
World ex U.S. Targeted Value Portfolio		19,278		34,098		(4,174	)

161

Portfolio	Purchases		Sales		Realized Gain (Loss)
Emerging Markets Core Equity Portfolio	$	15,882	$	7,870	$	(1,254	)
Emerging Markets Targeted Value Portfolio		180		219		34
Emerging Markets ex China Core Equity Portfolio		1,169		62		8

K. Securities Lending:

As of October 31, 2022, 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	$	40,583
International Core Equity Portfolio		284,799
DFA International Real Estate Securities Portfolio		23,713
DFA International Small Cap Value Portfolio		101,708
International Vector Equity Portfolio		43,708
International High Relative Profitability Portfolio		10,421
World ex U.S. Core Equity Portfolio		51,359
World ex U.S. Targeted Value Portfolio		3,786
Emerging Markets Core Equity Portfolio		696,482
Emerging Markets Targeted Value Portfolio		2,339
Emerging Markets ex China Core Equity Portfolio		280

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.

162

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in the Money Market Series, an affiliated registered money market fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Money Market Series. Income received from the Money Market Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of October 31, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Large Cap International Portfolio Common Stocks	$	249,563		—		—		—	$	249,563
International Core Equity Portfolio Common Stocks, Rights/Warrants		1,565,282		—		—		—		1,565,282
DFA International Real Estate Securities Portfolio Common Stocks		299,241		—		—		—		299,241
DFA Global Real Estate Securities Portfolio Common Stocks		207,964		—		—		—		207,964
DFA International Small Cap Value Portfolio Common Stocks		294,176		—		—		—		294,176
International Vector Equity Portfolio Common Stocks, Rights/Warrants		165,207		—		—		—		165,207
International High Relative Profitability Portfolio Common Stocks		128,519		—		—		—		128,519
World ex U.S. Core Equity Portfolio Common Stocks		175,641		—		—		—		175,641
World ex U.S. Targeted Value Portfolio Common Stocks, Preferred Stocks, Rights/Warrants		1,876		—		—		—		1,876
Emerging Markets Core Equity Portfolio Common Stocks		436,254		—		—		—		436,254
Emerging Markets Targeted Value Portfolio Common Stocks		1,691		—		—		—		1,691
Emerging Markets ex China Core Equity Portfolio Common Stocks		6,829		—		—		—		6,829

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L. Shareholder Servicing Fees:

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

M. Indemnitees; Contractual Obligations:

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

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

N. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs 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, eliminates the asset segregation framework previously used by the Portfolios to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Portfolios began complying with the Valuation Rule on August 1, 2022.

O. Other:

As of October 31, 2022, 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		74	%
International Core Equity Portfolio-Institutional Class	4		71	%
Global Small Company Portfolio-Institutional Class	4		95	%
International Small Company Portfolio-Institutional Class	4		79	%

164

	Number of Shareholders	Approximate Percentage of Outstanding Shares
Japanese Small Company Portfolio-Institutional Class	3		87	%
Asia Pacific Small Company Portfolio-Institutional Class	2		91	%
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		69	%
DFA International Small Cap Value Portfolio-Institutional Class	4		75	%
International Vector Equity Portfolio-Institutional Class	3		83	%
International High Relative Profitability Portfolio-Institutional Class	3		87	%
World ex U.S. Value Portfolio-Institutional Class	5		76	%
World ex U.S. Core Equity Portfolio-Institutional Class	3		74	%
World ex U.S. Targeted Value Portfolio-Institutional Class	3		98	%
World Core Equity Portfolio-Institutional Class	6		86	%
Selectively Hedged Global Equity Portfolio-Institutional Class	3		85	%
Emerging Markets Portfolio-Institutional Class	3		67	%
Emerging Markets Small Cap Portfolio-Institutional Class	3		62	%
Emerging Markets Value Portfolio-Class R2	1		41	%
Emerging Markets Value Portfolio-Institutional Class	2		97	%
Emerging Markets Core Equity Portfolio-Institutional Class	3		64	%
Emerging Markets Targeted Value Portfolio-Institutional Class	3		93	%
Emerging Markets ex China Core Equity Portfolio-Institutional Class	4		98	%

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

P. Subsequent Event Evaluations:

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.

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Report of Independent Registered Public Accounting Firm

To the Board of Directors of DFA Investment Dimensions Group Inc. and Shareholders of each of the twenty-four portfolios listed in the table below

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings or schedules of investments, of each of the portfolios indicated in the table below (twenty-four of the portfolios constituting DFA Investment Dimensions Group Inc., hereafter collectively referred to as the “Portfolios”) as of October 31, 2022, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (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, 2022, the results of each of their operations, the changes in each of their net assets, and each of the financial highlights for each of the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.

Portfolio	Statement of operations	Statement of changes in net assets	Financial highlights
Large Cap International Portfolio (1) International Core Equity Portfolio (1) Global Small Company Portfolio (2) International Small Company Portfolio (2) Japanese Small Company Portfolio (2) Asia Pacific Small Company Portfolio (2) United Kingdom Small Company Portfolio (2) Continental Small Company Portfolio (2) DFA International Real Estate Securities Portfolio (1) DFA Global Real Estate Securities Portfolio (1) DFA International Small Cap Value Portfolio (1) International Vector Equity Portfolio (1) International High Relative Profitability Portfolio (1) World ex U.S. Value Portfolio (2) World ex U.S. Core Equity Portfolio (1) World ex U.S. Targeted Value Portfolio (1) World Core Equity Portfolio (2) Selectively Hedged Global Equity Portfolio (2) Emerging Markets Portfolio (2) Emerging Markets Small Cap Portfolio (2) Emerging Markets Value Portfolio (2) Emerging Markets Core Equity Portfolio (1) Emerging Markets Targeted Value Portfolio (1)	For the year ended October 31, 2022	For the years ended October 31, 2022 and 2021	For each of the periods indicated therein
Emerging Markets ex China Core Equity Portfolio (1)	For the period November 15, 2021 (commencement of operations) through October 31, 2022

(1) Summary schedule of portfolio holdings

(2) Schedule of investments

166

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, 2022 by correspondence with the custodians, 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

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DIMENSIONAL INVESTMENT GROUP INC.

PERFORMANCE CHARTS

(Unaudited)

DFA International Value Portfolio — Class R2 vs.

MSCI World ex USA Index (net dividends),

MSCI World ex USA Value Index (net dividends)

October 31, 2012-October 31, 2022

DFA International Value Portfolio — Institutional Class vs.

MSCI World ex USA Index (net dividends),

MSCI World ex USA Value Index (net dividends)

October 31, 2012-October 31, 2022

168

MANAGEMENT’S DISCUSSION AND ANALYSIS

International Equity Market Review 12 Months Ended October 31, 2022

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

Total Return for 12 Months Ended October 31, 2022
	Return in U.S. Dollars
MSCI World ex USA Index		-22.04	%
MSCI World ex USA Mid Cap Index		-27.57	%
MSCI World ex USA Small Cap Index		-29.13	%
MSCI World ex USA Value Index		-15.27	%
MSCI World ex USA Growth Index		-28.78	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against all non-U.S. developed markets currencies. Overall, currency movements had a negative impact on the U.S. dollar-denominated returns of developed markets.

Total Return for 12 Months Ended October 31, 2022
Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		-1.81	%		-24.67	%
United Kingdom		4.27	%		-12.42	%
Canada		-5.29	%		-13.94	%
France		-6.77	%		-20.38	%
Switzerland		-11.30	%		-19.01	%
Australia		-0.54	%		-15.30	%
Germany		-21.22	%		-32.72	%
Netherlands		-28.51	%		-38.71	%
Sweden		-16.17	%		-34.85	%
Denmark		-7.88	%		-21.38	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

Emerging markets had negative performance for the period and 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.

169

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI Emerging Markets Index		-31.03	%
MSCI Emerging Markets Mid Cap Index		-24.80	%
MSCI Emerging Markets Small Cap Index		-23.42	%
MSCI Emerging Markets Value Index		-25.21	%
MSCI Emerging Markets Growth Index		-36.11	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against most emerging markets currencies and depreciated against others. Overall, currency movements had a negative impact on the U.S. dollar denominated returns of emerging markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Emerging Markets by Market Cap	Local Return			Return in U.S.
Dollars
China		-46.31	%		-47.90	%
India		2.93	%		-6.89	%
Taiwan		-24.11	%		-34.50	%
Korea		-19.88	%		-34.28	%
Brazil		15.95	%		24.57	%
Saudi Arabia		2.18	%		2.00	%
South Africa		0.77	%		-16.66	%
Mexico		1.99	%		5.56	%
Indonesia		16.58	%		5.89	%
Thailand		4.97	%		-8.48	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

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, 2022, these differences generally detracted from non-US developed markets Portfolios’ relative performance and were not material to emerging markets Portfolios’ relative performance.

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, 2022, the Master Fund held approximately 550 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Master Fund’s assets.

170

For the 12 months ended October 31, 2022, total returns were -13.98% for the Portfolio’s Class R2 shares, -13.90% for the Portfolio’s Institutional Class shares, -15.27% for the MSCI World ex USA Value Index, and -22.04% for the MSCI World ex USA Index (net dividends). As of February 28, 2022, the Portfolio changed its benchmark from the MSCI World ex USA Index (net dividends) to the MSCI World ex USA Value Index (net dividends) because this index better reflects the universe of securities in which the Master Fund invests. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Master Fund’s focus on value stocks contributed positively to performance relative to the benchmarks. The Master Fund’s exclusion of real estate investment trusts (REITs) also contributed positively to relative performance, as those stocks generally underperformed.

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DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

172

DISCLOSURE OF FUND EXPENSES
CONTINUED
	Six Months Ended October 31, 2022
EXPENSE TABLE

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA International Value Portfolio (2)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	901.00		0.42	%	$	2.01
Institutional Class Shares	$	1,000.00	$	900.70		0.30	%	$	1.44
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,023.09		0.42	%	$	2.14
Institutional Class Shares	$	1,000.00	$	1,023.69		0.30	%	$	1.53

(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.

(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).

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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 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

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

The categories of industry classification for the Affiliated Investment Company are represented in its Disclosure of Portfolio Holdings, which is included elsewhere in the report. Refer to the Summary Schedule of Portfolio Holdings for the underlying Affiliated Investment Company’s holdings, which reflect the investments by category.

FEEDER FUND

	Affiliated Investment Company
DFA International Value Portfolio		100.0	%

174

DFA INTERNATIONAL VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2022

	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	7,491,601,659
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	7,491,601,659

Summary of the Portfolio’s Master Fund’s investments as of October 31, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

175

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

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

	DFA International Value Portfolio
ASSETS:
Investments in Affiliated Investment Company at Value	$	7,491,602
Receivables:
Fund Shares Sold		10,027
Prepaid Expenses and Other Assets		118
Total Assets		7,501,747
LIABILITIES:
Payables:
Fund Shares Redeemed		7,226
Due to Advisor		308
Accrued Expenses and Other Liabilities		291
Total Liabilities		7,825
NET ASSETS	$	7,493,922
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $1,425 and shares outstanding of 88,283	$	16.14
NUMBER OF SHARES AUTHORIZED		100,000,000
Institutional Class Shares — based on net assets of $7,492,497 and shares outstanding of 462,867,608	$	16.19
NUMBER OF SHARES AUTHORIZED		1,500,000,000
NET ASSETS CONSIST OF:
Paid-In Capital	$	8,007,682
Total Distributable Earnings (Loss)		(513,760	)
NET ASSETS	$	7,493,922

See accompanying Notes to Financial Statements.

176

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	DFA International Value Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $38,360)	$	371,656
Income from Securities Lending		3,222
Expenses Allocated from Affiliated Investment Companies		(17,250	)
Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		357,628
Fund Expenses
Investment Management Fees		21,746
Accounting & Transfer Agent Fees		1,098
Shareholder Servicing Fees
Class R2 Shares		2
Filing Fees		192
Shareholders’ Reports		137
Directors’/Trustees’ Fees & Expenses		42
Professional Fees		98
Other		51
Total Fund Expenses		23,366
Fees Waived, Expenses Reimbursed by Advisor (Note C)
Class R2 Shares		3
Institutional Class Shares		16,302
Net Expenses		7,061
Net Investment Income (Loss)		350,567
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		(7,444	)
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(1,569,559	)
Net Realized and Unrealized Gain (Loss)		(1,577,003	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,226,436	)

** 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.

177

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA International Value Portfolio***
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	350,567		$	275,625
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company*,**		(7,444	)		377,980
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(1,569,559	)		2,522,431
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,226,436	)		3,176,036
Distributions:
Class R2 Shares		(78	)		(43	)
Institutional Class Shares		(402,623	)		(258,413	)
Total Distributions		(402,701	)		(258,456	)
Capital Share Transactions (1):
Shares Issued		2,471,605			1,043,206
Shares Issued in Lieu of Cash Distributions		396,749			254,720
Shares Redeemed		(2,059,528	)		(2,459,596	)
Net Increase (Decrease) from Capital Share Transactions		808,826			(1,161,670	)
Total Increase (Decrease) in Net Assets		(820,311	)		1,755,910
Net Assets
Beginning of Year		8,314,233			6,558,323
End of Year	$	7,493,922		$	8,314,233
(1) Shares Issued and Redeemed:
Shares Issued		134,715			56,340
Shares Issued in Lieu of Cash Distributions		22,689			13,672
Shares Redeemed		(114,398	)		(134,474	)
Net Increase (Decrease) from Shares Issued and Redeemed		43,006			(64,462	)

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

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

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DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Value Portfolio-Class R2 Shares
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	19.74		$	13.50		$	17.13		$	17.68		$	19.89
Income from Investment Operations (A)
Net Investment Income (Loss)		0.78			0.62			0.38			0.58			0.54
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.49	)		6.17			(3.61	)		(0.10	)		(2.21	)
Total from Investment Operations		(2.71	)		6.79			(3.23	)		0.48			(1.67	)
Less Distributions:
Net Investment Income		(0.85	)		(0.55	)		(0.40	)		(0.51	)		(0.54	)
Net Realized Gains		(0.04	)		—			—			(0.52	)		—
Total Distributions		(0.89	)		(0.55	)		(0.40	)		(1.03	)		(0.54	)
Net Asset Value, End of Year	$	16.14		$	19.74		$	13.50		$	17.13		$	17.68
Total Return		(13.98	%)		50.55	%		(19.08	%)		3.13	%		(8.59	%)
Net Assets, End of Year (thousands)	$	1,425		$	1,753		$	835		$	1,191		$	1,477
Ratio of Expenses to Average Net Assets (C)		0.42	%		0.60	%		0.65	%		0.69	%		0.68	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.62	%		0.80	%		0.85	%		0.89	%		0.88	%
Ratio of Net Investment Income to Average Net Assets		4.26	%		3.31	%		2.56	%		3.43	%		2.72	%

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

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Value Portfolio-Institutional Class Shares
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Net Asset Value, Beginning of Year	$	19.80		$	13.54		$	17.18		$	17.74		$	19.94
Income from Investment Operations (A)
Net Investment Income (Loss)		0.79			0.62			0.38			0.63			0.60
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.49	)		6.23			(3.58	)		(0.11	)		(2.21	)
Total from Investment Operations		(2.70	)		6.85			(3.20	)		0.52			(1.61	)
Less Distributions:
Net Investment Income		(0.87	)		(0.59	)		(0.44	)		(0.56	)		(0.59	)
Net Realized Gains		(0.04	)		—			—			(0.52	)		—
Total Distributions		(0.91	)		(0.59	)		(0.44	)		(1.08	)		(0.59	)
Net Asset Value, End of Year	$	16.19		$	19.80		$	13.54		$	17.18		$	17.74
Total Return		(13.90	%)		50.90	%		(18.87	%)		3.37	%		(8.32	%)
Net Assets, End of Year (thousands)	$	7,492,497		$	8,312,480		$	6,557,488		$	9,173,478		$	9,421,965
Ratio of Expenses to Average Net Assets (C)		0.30	%		0.36	%		0.40	%		0.44	%		0.43	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (C)		0.50	%		0.56	%		0.60	%		0.64	%		0.63	%
Ratio of Net Investment Income to Average Net Assets		4.30	%		3.36	%		2.57	%		3.70	%		3.01	%

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

See accompanying Notes to Financial Statements.

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

The Portfolio invests substantially all of its assets in The DFA International Value Series (the “Series”), a corresponding series of The DFA Investment Trust Company. As of October 31, 2022, the Portfolio owned 71% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

B. Significant Accounting Policies:

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

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

The Portfolio’s investment reflects its proportionate interests in the net assets of the Series. The valuation is classified as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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

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

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the “Notice”) to defer the receipt of the Director’s deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director’s first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. 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, 2022, the Portfolio’s investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

DFA International Value Portfolio 0.27%*

* Effective as of February 28, 2022, the management fee payable by the Portfolio was reduced from 0.30% to 0.25%.

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the “Fee Waiver Agreement”), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. A portion of the Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2023, 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, 2022, 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, 2022, and the previously waived fees/expenses assumed subject to future recovery by the

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Advisor as of October 31, 2022, 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.

Institutional Class Shares	Expense Limitation Amount			Total Management Fee Limit			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
DFA International Value Portfolio (1)		—			0.25	%		—	$	16,302		—
Class R2 Shares
DFA International Value Portfolio (2)		0.79	%		0.25	%		—		3		—

(1) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund, to the rate listed above as a percentage of the average net assets of the Institutional Class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.30%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.35%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.40%.

(2) Effective February 28, 2022, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the DFA International Value Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund, to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2021 to February 27, 2022, the Permanent Fee Waiver Limit was 0.30%. From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.35%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.40%. In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to assume the direct expenses of Class R2 shares of the Portfolio (excluding management fees and custodian fees), to the extent necessary to limit the annualized expenses of Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above (the “Annualized Expense Ratio”).

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the year ended October 31, 2022, the total related amounts paid by the Fund to the CCO were $20 (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, 2022, 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 $ 102

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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 GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2022, can occur as a result of realized gains on securities considered to be “passive foreign investment companies”, non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above.

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

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA International Value Portfolio
2021	$	258,456		—		—	$	258,456
2022		402,701		—		—		402,701

As of October 31, 2022, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains		Total
DFA International Value Portfolio	$	(769	)		—	$	(769	)

As of October 31, 2022, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
DFA International Value Portfolio	$	31,309		—	$	(11,138	)	$	(533,823	)	$	(513,652	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2022, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

	Unlimited		Total
DFA International Value Portfolio	$	11,138	$	11,138

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

As of October 31, 2022, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
DFA International Value Portfolio	$	8,022,124		—	$	(530,331	)	$	(530,331	)

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Portfolio’s tax positions and has concluded that no additional provision for income tax is required in the Portfolio’s financial statements. The Portfolio is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio’s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

F. Capital Share Transactions:

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

	Year Ended October 31, 2022						Year Ended October 31, 2021
	Amount			Shares			Amount			Shares
DFA International Value Portfolio
Class R2 Shares
Shares Issued	$	712			37		$	1,954			104
Shares Issued in Lieu of Cash Distributions		77			4			43			2
Shares Redeemed		(787	)		(42	)		(1,495	)		(80	)
Net Increase (Decrease) — Class R2 Shares	$	2			(1	)	$	502			26
Institutional Class Shares
Shares Issued	$	2,470,893			134,678		$	1,041,251			56,236
Shares Issued in Lieu of Cash Distributions		396,672			22,685			254,677			13,670
Shares Redeemed		(2,058,741	)		(114,356	)		(2,458,101	)		(134,394	)
Net Increase (Decrease) — Institutional Class Shares	$	808,824			43,007		$	(1,162,173	)		(64,488	)

G. Shareholder Servicing Fees:

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

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H. Indemnitees; Contractual Obligations:

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

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

I. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs 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 Portfolio’s 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 Portfolio could enter, eliminates the asset segregation framework previously used by the Portfolio to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Portfolio began complying with the Valuation Rule on August 1, 2022.

J. Other:

As of October 31, 2022, the following number of shareholders held the following approximate percentages of the Portfolio’s outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders	Approximate Percentage of Outstanding Shares
DFA International Value Portfolio-Class R2	5		71	%
DFA International Value Portfolio-Institutional Class	4		91	%

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

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K. 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.

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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., referred to hereafter as the “Portfolio”) as of October 31, 2022, the related statement of operations for the year ended October 31, 2022, the statement of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (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, 2022, 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, 2022 and the financial highlights for each of the five years in the period ended October 31, 2022 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.

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 the security owned as of October 31, 2022 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

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THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The DFA International Value Series vs.

MSCI World ex USA Index (net dividends),

MSCI World ex USA Value Index (net dividends)

October 31, 2012-October 31, 2022

The Japanese Small Company Series vs.

MSCI Japan Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

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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, 2012-October 31, 2022

The United Kingdom Small Company Series vs.

MSCI United Kingdom Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

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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, 2012-October 31, 2022

The Canadian Small Company Series vs.

MSCI Canada Small Cap Index (net dividends)

October 31, 2012-October 31, 2022

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THE DFA INVESTMENT TRUST COMPANY

PERFORMANCE CHARTS

(Unaudited)

The Emerging Markets Series vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2012-October 31, 2022

The Emerging Markets Small Cap Series vs.

MSCI Emerging Markets Index (net dividends)

October 31, 2012-October 31, 2022

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MANAGEMENT’S DISCUSSION AND ANALYSIS

International Equity Market Review 12 Months Ended October 31, 2022

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

Total Return for 12 Months Ended October 31, 2022
	Return in U.S. Dollars
MSCI World ex USA Index		-22.04	%
MSCI World ex USA Mid Cap Index		-27.57	%
MSCI World ex USA Small Cap Index		-29.13	%
MSCI World ex USA Value Index		-15.27	%
MSCI World ex USA Growth Index		-28.78	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against all non-U.S. developed markets currencies. Overall, currency movements had a negative impact on the U.S. dollar-denominated returns of developed markets.

Total Return for 12 Months Ended October 31, 2022
Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		-1.81	%		-24.67	%
United Kingdom		4.27	%		-12.42	%
Canada		-5.29	%		-13.94	%
France		-6.77	%		-20.38	%
Switzerland		-11.30	%		-19.01	%
Australia		-0.54	%		-15.30	%
Germany		-21.22	%		-32.72	%
Netherlands		-28.51	%		-38.71	%
Sweden		-16.17	%		-34.85	%
Denmark		-7.88	%		-21.38	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

Emerging markets had negative performance for the period and 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.

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Total Return for 12 Months Ended October 31, 2022
	Return in U.S. Dollars
MSCI Emerging Markets Index		-31.03	%
MSCI Emerging Markets Mid Cap Index		-24.80	%
MSCI Emerging Markets Small Cap Index		-23.42	%
MSCI Emerging Markets Value Index		-25.21	%
MSCI Emerging Markets Growth Index		-36.11	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against most emerging markets currencies and depreciated against others. Overall, currency movements had a negative impact on the U.S. dollar denominated returns of emerging markets.

Total Return for 12 Months Ended October 31, 2022
Ten Largest Emerging Markets by Market Cap	Local Return			Return in U.S. Dollars
China		-46.31	%		-47.90	%
India		2.93	%		-6.89	%
Taiwan		-24.11	%		-34.50	%
Korea		-19.88	%		-34.28	%
Brazil		15.95	%		24.57	%
Saudi Arabia		2.18	%		2.00	%
South Africa		0.77	%		-16.66	%
Mexico		1.99	%		5.56	%
Indonesia		16.58	%		5.89	%
Thailand		4.97	%		-8.48	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

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, 2022, these differences generally detracted from non-US developed markets Portfolios’ relative performance and were not material to emerging markets Portfolios’ relative performance.

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, 2022, the Series held approximately 550 securities in 22 eligible developed markets. Average cash exposure throughout the year was less than 1% of the Series’ assets.

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For the 12 months ended October 31, 2022, total returns were -13.82% for the Series, -15.27% for the MSCI World ex USA Value Index, and -22.04% for the MSCI World ex USA Index (net dividends). As of February 28, 2022, the Series changed its benchmark from the MSCI World ex USA Index (net dividends) to the MSCI World ex USA Value Index (net dividends) because this index better reflects the universe of securities in which the Series invests. With low relative price (value) stocks outperforming high relative price (growth) stocks, the Series’ focus on value stocks contributed positively to performance relative to the benchmarks. The Series’ exclusion of real estate investment trusts (REITs) also contributed positively to relative performance, as those stocks generally underperformed.

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, 2022, the Series held approximately 1,750 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2022, total returns were -23.60% for the Series and -24.90% for the MSCI Japan 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 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, 2022, the Series held approximately 840 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, 2022, total returns were -26.65% for the Series and -24.10% 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, detracted from relative performance, as larger stocks held by the benchmark outperformed.

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, 2022, the Series held approximately 310 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

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For the 12 months ended October 31, 2022, total returns were -33.34% for the Series and - 37.62% for the MSCI United Kingdom 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.

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, 2022, the Series held approximately 1,170 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, 2022, total returns were -29.07% for the Series and - 34.51% for the MSCI Europe ex U.K. Small Cap Index (net dividends), the Series’ benchmark. Differences in size definitions between the Series and the benchmark led to weight differences between countries, which contributed positively to performance relative to the benchmark. The Series’ exclusion of stocks with the lowest profitability and highest relative price also contributed positively to relative performance, as did the Series’ exclusion of stocks with high asset growth, as those securities underperformed for the year.

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, 2022, the Series held approximately 350 securities. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2022, total returns were -12.52% for the Series and -17.55% 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. Additionally, the Series’ exclusion of real estate investment trusts (REITs) also contributed positively to performance relative to the benchmark, as REITs generally underperformed.

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, 2022, the Series held approximately 1,880 securities in 23 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Series’ assets.

196

For the 12 months ended October 31, 2022, total returns were -25.79% for the Series and -31.03% 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. The Portfolio’s emphasis on stocks with higher profitability also contributed positively to performance relative to the benchmark, as these stocks generally outperformed. At the country level, the Portfolio’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

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, 2022, the Series held approximately 5,150 securities in 20 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Series’ assets.

For the 12 months ended October 31, 2022, total returns were -22.31% for the Series and -31.03% 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. At the country level, the Series lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

197

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES

(Unaudited)

The following Expense Tables are shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses and legal and audit services, which are deducted from a fund’s gross income, directly reduce the investment return of the fund. Afund’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, 2022

EXPENSE TABLES

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	900.90		0.21	%	$	1.01
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.15		0.21	%	$	1.07
The Japanese Small Company Series
Actual Fund Return	$	1,000.00	$	926.50		0.12	%	$	0.58
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.60		0.12	%	$	0.61

198

DISCLOSURE OF FUND EXPENSES

CONTINUED

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The Asia Pacific Small Company Series
Actual Fund Return	$	1,000.00	$	805.00		0.12	%	$	0.55
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	$	812.90		0.11	%	$	0.50
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.65		0.11	%	$	0.56
The Continental Small Company Series
Actual Fund Return	$	1,000.00	$	837.30		0.13	%	$	0.60
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.55		0.13	%	$	0.66
The Canadian Small Company Series
Actual Fund Return	$	1,000.00	$	876.80		0.11	%	$	0.52
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.65		0.11	%	$	0.56
The Emerging Markets Series
Actual Fund Return	$	1,000.00	$	818.30		0.15	%	$	0.69
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	$	845.90		0.26	%	$	1.21
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.26	%	$	1.33

(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.

199

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 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

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

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

PORTFOLIO HOLDINGS

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

INTERNATIONAL EQUITY PORTFOLIOS

The DFA International Value Series
Communication Services	3.4	%
Consumer Discretionary	12.3	%
Consumer Staples	4.8	%
Energy	15.9	%
Financials	28.7	%
Health Care	5.5	%
Industrials	11.1	%
Information Technology	1.3	%
Materials	14.0	%
Real Estate	2.2	%
Utilities	0.8	%
	100.0	%

The Japanese Small Company Series
Communication Services	2.4	%
Consumer Discretionary	14.7	%
Consumer Staples	7.9	%
Energy	0.8	%
Financials	9.0	%
Health Care	5.1	%
Industrials	28.9	%
Information Technology	15.6	%
Materials	12.4	%
Real Estate	1.5	%
Utilities	1.7	%
	100.0	%

The Asia Pacific Small Company Series
Communication Services	4.9	%
Consumer Discretionary	18.9	%
Consumer Staples	8.6	%
Energy	6.3	%
Financials	13.0	%
Health Care	5.7	%
Industrials	11.8	%
Information Technology	7.8	%
Materials	15.3	%
Real Estate	6.9	%
Utilities	0.8	%
	100.0	%

200

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

The United Kingdom Small Company Series
Communication Services	3.7	%
Consumer Discretionary	16.8	%
Consumer Staples	7.2	%
Energy	4.3	%
Financials	18.9	%
Health Care	5.0	%
Industrials	22.8	%
Information Technology	8.7	%
Materials	5.3	%
Real Estate	3.0	%
Utilities	4.3	%
	100.0	%

The Continental Small Company Series
Communication Services	4.8	%
Consumer Discretionary	8.4	%
Consumer Staples	4.3	%
Energy	4.4	%
Financials	16.6	%
Health Care	6.0	%
Industrials	27.0	%
Information Technology	10.2	%
Materials	9.1	%
Real Estate	4.9	%
Utilities	4.3	%
	100.0	%

The Canadian Small Company Series
Communication Services	1.3	%
Consumer Discretionary	5.5	%
Consumer Staples	4.9	%
Energy	28.7	%
Financials	9.3	%
Health Care	1.5	%
Industrials	11.0	%
Information Technology	3.3	%
Materials	23.8	%
Real Estate	2.6	%
Utilities	8.1	%
	100.0	%

The Emerging Markets Series
Communication Services	7.8	%
Consumer Discretionary	10.4	%
Consumer Staples	6.7	%
Energy	6.0	%
Financials	21.8	%
Health Care	4.3	%
Industrials	7.4	%
Information Technology	19.0	%
Materials	11.7	%
Real Estate	1.9	%
Utilities	3.0	%
	100.0	%

The Emerging Markets Small Cap Series
Communication Services	3.3	%
Consumer Discretionary	13.8	%
Consumer Staples	6.9	%
Energy	2.1	%
Financials	9.5	%
Health Care	8.3	%
Industrials	15.8	%
Information Technology	14.8	%
Materials	14.8	%
Real Estate	5.7	%
Utilities	5.0	%
	100.0	%

201

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.7%)
AUSTRALIA — (7.6%)
#	Australia & New Zealand Banking Group Ltd.		7,347,638	$	120,381,777		1.1	%
	National Australia Bank Ltd.		5,345,044		111,027,479		1.1	%
	Westpac Banking Corp.		7,338,308		113,310,525		1.1	%
	Woodside Energy Group Ltd		3,456,203		79,902,049		0.8	%
	Other Securities				392,173,877		3.7	%
TOTAL AUSTRALIA					816,795,707		7.8	%
AUSTRIA — (0.1%)
	Other Securities				6,220,806		0.1	%
BELGIUM — (0.6%)
	Other Securities				58,799,281		0.6	%
CANADA — (10.1%)
	Bank of Montreal		1,789		164,790		0.0	%
#	Bank of Montreal		1,331,345		122,590,248		1.2	%
	Bank of Nova Scotia		443,447		21,434,275		0.2	%
	Bank of Nova Scotia		2,098,551		101,401,984		1.0	%
	Canadian Imperial Bank of Commerce		1,446,994		65,714,037		0.6	%
	Canadian Natural Resources Ltd.		806,380		48,334,417		0.5	%
	Fairfax Financial Holdings Ltd.		97,836		48,050,126		0.4	%
	Nutrien Ltd.		944,511		79,811,163		0.8	%
	Suncor Energy, Inc.		1,317,132		45,304,678		0.4	%
	Suncor Energy, Inc.		2,013,309		69,237,696		0.7	%
#	Teck Resources Ltd., Class B		2,050,761		62,425,165		0.6	%
	Other Securities				425,965,154		4.0	%
TOTAL CANADA					1,090,433,733		10.4	%
CHINA — (0.0%)
	Other Securities				3,578,225		0.0	%
DENMARK — (1.9%)
	DSV AS		379,252		51,247,654		0.5	%
	Other Securities				150,557,322		1.4	%
TOTAL DENMARK					201,804,976		1.9	%
FINLAND — (1.1%)
	Other Securities				113,789,895		1.1	%
FRANCE — (10.2%)
	AXA SA		2,421,503		59,798,721		0.6	%
	BNP Paribas SA		1,819,966		85,345,265		0.8	%
	Cie de Saint-Gobain		1,784,858		72,966,654		0.7	%
	Cie Generale des Etablissements Michelin SCA		2,521,000		64,245,287		0.6	%
	Engie SA		3,701,762		48,098,296		0.5	%
	Orange SA		7,137,374		68,004,272		0.6	%
	Sanofi		682,839		58,763,618		0.6	%
#	TotalEnergies SE		6,840,726		373,184,524		3.5	%
	Other Securities				264,876,509		2.5	%
TOTAL FRANCE					1,095,283,146		10.4	%

202

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
GERMANY — (5.5%)
	BASF SE		1,819,157	$	81,626,734		0.8	%
	Bayerische Motoren Werke AG		1,003,964		78,803,005		0.7	%
	Mercedes-Benz Group AG		2,636,283		152,592,147		1.5	%
	Other Securities				281,533,549		2.6	%
TOTAL GERMANY					594,555,435		5.6	%
HONG KONG — (2.0%)
	Other Securities				214,006,034		2.0	%
IRELAND — (0.4%)
	Other Securities				46,570,809		0.4	%
ISRAEL — (0.6%)
	Other Securities				64,808,590		0.6	%
ITALY — (2.0%)
#	Intesa Sanpaolo SpA		26,193,710		49,939,026		0.5	%
	UniCredit SpA		3,981,409		49,374,501		0.5	%
	Other Securities				114,595,246		1.0	%
TOTAL ITALY					213,908,773		2.0	%
JAPAN — (18.6%)
	Honda Motor Co. Ltd.		3,522,000		80,310,312		0.8	%
	Mitsubishi Corp.		1,963,400		53,186,304		0.5	%
	Mitsubishi UFJ Financial Group, Inc.		10,193,750		48,153,735		0.5	%
	Takeda Pharmaceutical Co. Ltd.		2,595,871		68,554,353		0.7	%
	Toyota Motor Corp.		12,080,750		167,615,564		1.6	%
	Other Securities				1,581,578,322		14.9	%
TOTAL JAPAN					1,999,398,590		19.0	%
NETHERLANDS — (3.8%)
	ING Groep NV		4,971,616		48,918,640		0.5	%
	Koninklijke Ahold Delhaize NV		4,054,901		113,084,163		1.1	%
	Other Securities				243,026,322		2.2	%
TOTAL NETHERLANDS					405,029,125		3.8	%
NEW ZEALAND — (0.2%)
	Other Securities				23,565,859		0.2	%
NORWAY — (0.9%)
	Other Securities				101,097,179		1.0	%
PORTUGAL — (0.1%)
	Other Securities				14,011,161		0.1	%
SINGAPORE — (1.1%)
	Other Securities				118,180,815		1.1	%
SPAIN — (1.9%)
#	Banco Santander SA		31,583,925		81,912,138		0.8	%
	Repsol SA		4,619,638		62,847,702		0.6	%
	Other Securities				54,102,853		0.5	%
TOTAL SPAIN					198,862,693		1.9	%

203

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SWEDEN — (2.5%)
	Other Securities			$	270,126,175		2.6	%
SWITZERLAND — (8.8%)
	Cie Financiere Richemont SA, Class A		922,306		90,140,218		0.9	%
	Novartis AG		1,706,093		138,007,072		1.3	%
#	Novartis AG, Sponsored ADR		1,596,183		129,498,327		1.2	%
	UBS Group AG		6,030,163		95,603,120		0.9	%
*	UBS Group AG		1,233,581		19,564,595		0.2	%
	Zurich Insurance Group AG		348,909		148,695,901		1.4	%
	Other Securities				327,812,902		3.1	%
TOTAL SWITZERLAND					949,322,135		9.0	%
UNITED KINGDOM — (14.7%)
#	Barclays PLC, Sponsored ADR		7,035,082		48,682,767		0.5	%
	BP PLC		7,690,578		42,548,901		0.4	%
#	BP PLC, Sponsored ADR		2,518,588		83,818,609		0.8	%
	British American Tobacco PLC		3,024,009		119,428,540		1.1	%
#	British American Tobacco PLC, Sponsored ADR		838,885		33,236,624		0.3	%
	Glencore PLC		23,897,614		137,006,665		1.3	%
	HSBC Holdings PLC		13,535,003		69,462,304		0.7	%
#	HSBC Holdings PLC, Sponsored ADR		2,324,211		60,220,307		0.6	%
	Lloyds Banking Group PLC		164,752,825		79,125,348		0.8	%
	Shell PLC		307,658		8,522,614		0.1	%
	Shell PLC, Sponsored ADR		9,015,405		501,526,980		4.8	%
	Vodafone Group PLC		51,300,878		59,888,735		0.6	%
	Other Securities				342,384,465		3.1	%
TOTAL UNITED KINGDOM					1,585,852,859		15.1	%
TOTAL COMMON STOCKS					10,186,002,001		96.7	%
PREFERRED STOCKS — (0.8%)
GERMANY — (0.8%)
	Volkswagen AG		489,153		62,612,238		0.6	%
	Other Securities				28,392,993		0.3	%
TOTAL GERMANY					91,005,231		0.9	%
TOTAL INVESTMENT SECURITIES (Cost $10,555,431,050)					10,277,007,232
				Value†
SECURITIES LENDING COLLATERAL — (4.5%)
@§	The DFA Short Term Investment Fund		41,765,646		482,852,631		4.6	%
TOTAL INVESTMENTS—(100.0%) (Cost $11,038,476,605)				$	10,759,859,863		102.2	%

204

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

As of October 31, 2022, The DFA International Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		842		12/16/22	$	157,956,087	$	163,474,300	$	5,518,213
Total Futures Contracts					$	157,956,087	$	163,474,300	$	5,518,213

Summary of the Series’ investments as of October 31, 2022, 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		—	$	816,795,707		—	$	816,795,707
Austria		—		6,220,806		—		6,220,806
Belgium		—		58,799,281		—		58,799,281
Canada	$	1,090,433,733		—		—		1,090,433,733
China		—		3,578,225		—		3,578,225
Denmark		—		201,804,976		—		201,804,976
Finland		5,856,638		107,933,257		—		113,789,895
France		—		1,095,283,146		—		1,095,283,146
Germany		14,207,408		580,348,027		—		594,555,435
Hong Kong		—		214,006,034		—		214,006,034
Ireland		26,386,842		20,183,967		—		46,570,809
Israel		11,032,764		53,775,826		—		64,808,590
Italy		24,863,308		189,045,465		—		213,908,773
Japan		13,905,475		1,985,493,115		—		1,999,398,590
Netherlands		26,051,464		378,977,661		—		405,029,125
New Zealand		—		23,565,859		—		23,565,859
Norway		—		101,097,179		—		101,097,179
Portugal		—		14,011,161		—		14,011,161
Singapore		—		118,180,815		—		118,180,815
Spain		6,210,086		192,652,607		—		198,862,693
Sweden		—		270,126,175		—		270,126,175
Switzerland		158,548,612		790,773,523		—		949,322,135
United Kingdom		766,554,481		819,298,378		—		1,585,852,859
Preferred Stocks
Germany		—		91,005,231		—		91,005,231
Securities Lending Collateral		—		482,852,631		—		482,852,631
Futures Contracts**		5,518,213		—		—		5,518,213
TOTAL	$	2,149,569,024	$	8,615,809,052		—	$	10,765,378,076

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

See accompanying Notes to Financial Statements.

205

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.8%)
COMMUNICATION SERVICES — (2.4%)
	Other Securities			$	60,456,006		2.4	%
CONSUMER DISCRETIONARY — (14.4%)
	Resorttrust, Inc.		521,964		8,033,803		0.3	%
	Other Securities				358,737,144		14.2	%
TOTAL CONSUMER DISCRETIONARY					366,770,947		14.5	%
CONSUMER STAPLES — (7.8%)
	Milbon Co. Ltd.		164,552		6,785,094		0.3	%
	Nippon Suisan Kaisha Ltd.		1,893,700		6,745,679		0.3	%
	Pigeon Corp.		573,125		7,507,397		0.3	%
	Sapporo Holdings Ltd.		385,720		8,507,745		0.3	%
	Other Securities				168,517,053		6.6	%
TOTAL CONSUMER STAPLES					198,062,968		7.8	%
ENERGY — (0.7%)
	Other Securities				19,204,938		0.8	%
FINANCIALS — (8.8%)
	Fuyo General Lease Co. Ltd.		114,800		6,380,157		0.3	%
	Hachijuni Bank Ltd.		1,994,500		6,360,770		0.3	%
	Hirogin Holdings, Inc.		1,534,800		6,331,737		0.3	%
	JAFCO Group Co. Ltd.		588,100		9,023,388		0.4	%
	Yamaguchi Financial Group, Inc.		1,237,672		6,517,904		0.3	%
	Other Securities				188,749,126		7.3	%
TOTAL FINANCIALS					223,363,082		8.9	%
HEALTH CARE — (5.0%)
	H.U. Group Holdings, Inc.		348,800		6,492,843		0.3	%
	Nipro Corp.		839,500		6,328,382		0.3	%
	Ship Healthcare Holdings, Inc.		346,200		6,639,723		0.3	%
	Other Securities				108,331,555		4.2	%
TOTAL HEALTH CARE					127,792,503		5.1	%
INDUSTRIALS — (28.2%)
	Daiseki Co. Ltd.		290,755		8,984,172		0.4	%
	DMG Mori Co. Ltd.		731,800		8,468,845		0.3	%
	Fujikura Ltd.		1,559,000		9,230,804		0.4	%
	Furukawa Electric Co. Ltd.		424,300		6,546,029		0.3	%
#	Hazama Ando Corp.		1,162,500		6,737,422		0.3	%
	Hitachi Zosen Corp.		1,041,679		6,005,282		0.2	%
	Inaba Denki Sangyo Co. Ltd.		322,900		6,027,512		0.2	%
	Mabuchi Motor Co. Ltd.		249,034		6,757,392		0.3	%
	Meitec Corp.		484,000		8,152,392		0.3	%
	Nagase & Co. Ltd.		584,600		7,964,771		0.3	%
#	Nishimatsu Construction Co. Ltd.		313,800		7,640,054		0.3	%
	Nisshinbo Holdings, Inc.		911,180		6,316,101		0.3	%
	OSG Corp.		526,900		6,698,620		0.3	%
	Penta-Ocean Construction Co. Ltd.		1,589,800		7,906,395		0.3	%
	Ushio, Inc.		622,400		6,463,241		0.3	%

206

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	Other Securities			$	610,194,505		24.1	%
TOTAL INDUSTRIALS					720,093,537		28.6	%
INFORMATION TECHNOLOGY — (15.3%)
	Alps Alpine Co. Ltd.		788,800		6,776,241		0.3	%
	Anritsu Corp.		849,300		8,548,093		0.3	%
	Citizen Watch Co. Ltd.		1,669,800		7,012,673		0.3	%
	Daiwabo Holdings Co. Ltd.		581,600		7,504,581		0.3	%
	Dexerials Corp.		345,400		8,044,653		0.3	%
	DTS Corp.		254,000		6,038,755		0.2	%
	Konica Minolta, Inc.		2,014,100		6,136,873		0.3	%
	Macnica Holdings, Inc.		335,450		6,709,361		0.3	%
	Maruwa Co. Ltd.		57,700		6,779,271		0.3	%
	NET One Systems Co. Ltd.		383,900		7,884,792		0.3	%
	NSD Co. Ltd.		489,360		8,362,456		0.3	%
	Tokyo Seimitsu Co. Ltd.		248,700		7,479,548		0.3	%
	Topcon Corp.		676,700		7,401,971		0.3	%
	Ulvac, Inc.		225,700		8,897,322		0.4	%
	Other Securities				285,987,560		11.2	%
TOTAL INFORMATION TECHNOLOGY					389,564,150		15.4	%
MATERIALS — (12.1%)
	ADEKA Corp.		508,800		7,606,774		0.3	%
	Asahi Holdings, Inc.		472,200		6,022,117		0.2	%
	Daicel Corp.		1,608,100		9,175,525		0.4	%
	Kureha Corp.		103,950		6,674,583		0.3	%
	Mitsui Mining & Smelting Co. Ltd.		366,200		7,396,353		0.3	%
	Tokai Carbon Co. Ltd.		1,004,500		6,555,281		0.3	%
	UBE Corp.		611,100		7,881,843		0.3	%
	Other Securities				257,679,027		10.2	%
TOTAL MATERIALS.					308,991,503		12.3	%
REAL ESTATE — (1.4%)
	Other Securities				36,414,839		1.4	%
UTILITIES — (1.7%)
	Nippon Gas Co. Ltd.		684,000		9,936,468		0.4	%
	Other Securities				32,350,517		1.3	%
TOTAL UTILITIES					42,286,985		1.7	%
TOTAL COMMON STOCKS (Cost $2,854,128,543)					2,493,001,458		98.9	%
				Value†
SECURITIES LENDING COLLATERAL — (2.2%)
@§	The DFA Short Term Investment Fund		4,804,517		55,545,021		2.2	%
TOTAL INVESTMENTS—(100.0%) (Cost $2,909,692,756)				$	2,548,546,479		101.1	%

207

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of October 31, 2022, 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		—	$	60,456,006		—	$	60,456,006
Consumer Discretionary		—		366,770,947		—		366,770,947
Consumer Staples		—		198,062,968		—		198,062,968
Energy		—		19,204,938		—		19,204,938
Financials	$	2,856,753		220,506,329		—		223,363,082
Health Care		—		127,792,503		—		127,792,503
Industrials		—		720,093,537		—		720,093,537
Information Technology		—		389,564,150		—		389,564,150
Materials		—		308,991,503		—		308,991,503
Real Estate		—		36,414,839		—		36,414,839
Utilities		—		42,286,985		—		42,286,985
Securities Lending Collateral		—		55,545,021		—		55,545,021
TOTAL	$	2,856,753	$	2,545,689,726		—	$	2,548,546,479

See accompanying Notes to Financial Statements.

208

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.6%)
AUSTRALIA — (64.4%)
*	AMP Ltd.		12,919,775	$	10,418,866		0.9	%
#	Ansell Ltd.		667,221		12,045,403		1.0	%
#	ARB Corp. Ltd.		515,315		9,567,925		0.8	%
	AUB Group Ltd.		762,060		10,083,242		0.9	%
	Bapcor Ltd.		2,227,045		9,417,379		0.8	%
	Beach Energy Ltd.		8,737,409		8,934,529		0.8	%
#	Breville Group Ltd.		652,020		8,261,901		0.7	%
	Brickworks Ltd.		469,394		6,646,000		0.6	%
#	Corporate Travel Management Ltd.		706,149		7,883,899		0.7	%
	CSR Ltd.		3,109,441		9,211,011		0.8	%
	Downer EDI Ltd.		3,274,403		9,410,422		0.8	%
	Eagers Automotive Ltd.		941,185		7,461,464		0.6	%
	Elders Ltd.		1,009,369		8,415,415		0.7	%
#*	Flight Centre Travel Group Ltd.		718,191		7,643,947		0.6	%
#	Gold Road Resources Ltd.		7,605,514		6,572,387		0.6	%
	GrainCorp Ltd., Class A		1,517,016		8,155,207		0.7	%
	Healius Ltd.		3,665,521		8,029,741		0.7	%
	HUB24 Ltd.		461,678		7,485,853		0.6	%
#	Insignia Financial Ltd.		4,120,661		8,306,842		0.7	%
	IPH Ltd.		1,331,405		8,467,477		0.7	%
	IRESS Ltd.		1,215,703		7,890,780		0.7	%
	Lifestyle Communities Ltd.		578,173		6,490,474		0.5	%
	Metcash Ltd.		2,899,744		7,612,203		0.6	%
#	New Hope Corp. Ltd.		2,341,365		8,505,399		0.7	%
	nib holdings Ltd.		2,992,914		12,806,819		1.1	%
	Nufarm Ltd.		2,098,872		7,480,120		0.6	%
#*	Omni Bridgeway Ltd.		2,355,720		6,782,068		0.6	%
	Orora Ltd.		5,992,474		11,628,555		1.0	%
#*	Paladin Energy Ltd.		16,033,988		8,680,653		0.7	%
#	Pendal Group Ltd.		2,058,779		6,466,738		0.5	%
#	Perseus Mining Ltd.		8,114,950		9,451,479		0.8	%
	Premier Investments Ltd.		410,666		6,576,580		0.6	%
	Reliance Worldwide Corp. Ltd.		4,255,179		8,742,677		0.7	%
	Sims Ltd.		1,106,977		8,654,727		0.7	%
*	Star Entertainment Group Ltd.		5,751,661		10,819,618		0.9	%
#	Super Retail Group Ltd.		1,057,351		6,952,302		0.6	%
#*	Syrah Resources Ltd.		4,792,786		7,321,076		0.6	%
	Technology One Ltd.		1,296,361		9,972,913		0.8	%
W	Viva Energy Group Ltd.		3,776,327		6,854,919		0.6	%
#*	Webjet Ltd.		2,329,981		7,868,307		0.7	%
	Whitehaven Coal Ltd.		3,623,702		21,049,343		1.8	%
	Other Securities				417,169,018		34.7	%
TOTAL AUSTRALIA					778,195,678		65.2	%
CHINA — (0.1%)
	Other Securities				1,050,669		0.1	%
HONG KONG — (18.7%)
	ASMPT Ltd.		1,590,200		8,746,899		0.7	%
	Kerry Logistics Network Ltd.		4,063,500		6,450,213		0.6	%
	Luk Fook Holdings International Ltd.		3,509,000		7,622,920		0.6	%
	VTech Holdings Ltd.		1,292,000		6,877,585		0.6	%

209

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
HONG KONG — (Continued)
	Other Securities			$	195,738,785		16.4	%
TOTAL HONG KONG					225,436,402		18.9	%
NEW ZEALAND — (4.6%)
	Chorus Ltd.		2,451,723		11,836,205		1.0	%
*	SKYCITY Entertainment Group Ltd.		4,246,632		7,159,611		0.6	%
	Other Securities				35,984,180		3.0	%
TOTAL NEW ZEALAND					54,979,996		4.6	%
SINGAPORE — (10.8%)
	ComfortDelGro Corp. Ltd.		9,120,200		8,187,132		0.7	%
	Golden Agri-Resources Ltd.		31,541,800		6,467,918		0.5	%
	Keppel Infrastructure Trust		18,468,846		6,911,022		0.6	%
	Other Securities				109,293,171		9.1	%
TOTAL SINGAPORE					130,859,243		10.9	%
TOTAL COMMON STOCKS					1,190,521,988		99.7	%
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities				21,319		0.0	%
HONG KONG — (0.0%)
	Other Security				5,255		0.0	%
TOTAL RIGHTS/WARRANTS					26,574		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $1,539,796,503)					1,190,548,562
				Value†
SECURITIES LENDING COLLATERAL — (1.4%)
@§	The DFA Short Term Investment Fund		1,496,806		17,304,573		1.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,557,108,416)				$	1,207,853,135		101.2	%

Summary of the Series’ investments as of October 31, 2022, 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	$	8,084	$	777,796,648	$	390,946		$	778,195,678
China		—		1,050,669		—			1,050,669
Hong Kong		—		224,321,261		1,115,141			225,436,402
New Zealand		—		54,979,996		—			54,979,996
Singapore		637,539		129,841,227		380,477			130,859,243
Rights/Warrants
Australia		—		21,319		—			21,319
Hong Kong		—		5,255		—			5,255
Securities Lending Collateral		—		17,304,573		—			17,304,573
TOTAL	$	645,623	$	1,205,320,948	$	1,886,564	^	$	1,207,853,135

^ 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.

210

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.5%)
COMMUNICATION SERVICES — (3.6%)
	Euromoney Institutional Investor PLC		592,842	$	9,845,186		0.8	%
	Other Securities				33,354,764		2.9	%
TOTAL COMMUNICATION SERVICES					43,199,950		3.7	%
CONSUMER DISCRETIONARY — (16.3%)
	Bellway PLC		429,828		9,141,218		0.8	%
*	Frasers Group PLC		1,220,486		9,056,198		0.8	%
	Games Workshop Group PLC		176,198		12,933,595		1.1	%
	Greggs PLC		604,556		14,014,474		1.2	%
	Inchcape PLC		2,415,336		20,604,988		1.8	%
	Pets at Home Group PLC		3,042,980		10,061,388		0.9	%
*	Playtech PLC		1,947,421		11,571,872		1.0	%
#	Vistry Group PLC		1,228,992		8,503,987		0.7	%
	Other Securities				98,610,384		8.4	%
TOTAL CONSUMER DISCRETIONARY					194,498,104		16.7	%
CONSUMER STAPLES — (7.0%)
	Britvic PLC		1,626,728		13,586,475		1.2	%
	Cranswick PLC		365,093		12,464,969		1.1	%
*	Marks & Spencer Group PLC		7,566,588		9,163,708		0.8	%
	Tate & Lyle PLC		2,060,165		16,553,803		1.4	%
	Other Securities				31,665,598		2.6	%
TOTAL CONSUMER STAPLES					83,434,553		7.1	%
ENERGY — (4.2%)
*	Capricorn Energy PLC		4,040,365		11,477,115		1.0	%
	Other Securities				38,574,608		3.3	%
TOTAL ENERGY					50,051,723		4.3	%
FINANCIALS — (18.4%)
	Beazley PLC		3,081,626		22,100,836		1.9	%
	Close Brothers Group PLC		898,617		10,123,897		0.9	%
	Hiscox Ltd.		1,420,362		14,632,152		1.2	%
	Lancashire Holdings Ltd.		1,670,143		9,478,286		0.8	%
	Man Group PLC		7,662,342		19,060,892		1.6	%
	OSB Group PLC		2,135,454		10,176,648		0.9	%
	Paragon Banking Group PLC		1,934,045		9,462,355		0.8	%
	Plus500 Ltd.		525,338		10,868,092		0.9	%
W	Quilter PLC		8,070,566		8,945,685		0.8	%
	TP ICAP Group PLC		4,137,686		8,726,393		0.7	%
	Virgin Money UK PLC		6,368,888		9,926,426		0.8	%
	Other Securities				86,017,639		7.5	%
TOTAL FINANCIALS					219,519,301		18.8	%
	HEALTH CARE — (4.9%)
	CVS Group PLC		413,530		8,938,783		0.8	%
	Indivior PLC		771,895		14,621,023		1.2	%
#	Mediclinic International PLC		2,400,508		13,655,822		1.2	%
	Other Securities				20,957,862		1.8	%
TOTAL HEALTH CARE					58,173,490		5.0	%

211

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (22.3%)
*	Babcock International Group PLC		2,860,700	$	9,035,971		0.8	%
	Balfour Beatty PLC		3,610,310		12,369,652		1.1	%
	Diploma PLC		427,629		12,162,994		1.0	%
	Grafton Group PLC		1,499,770		11,874,058		1.0	%
	Hays PLC		9,235,636		11,644,369		1.0	%
	Pagegroup PLC		1,968,311		9,493,890		0.8	%
	QinetiQ Group PLC		3,269,929		13,478,205		1.2	%
	Rotork PLC		4,427,553		12,977,500		1.1	%
	Serco Group PLC		5,072,076		9,486,190		0.8	%
	Travis Perkins PLC		1,187,192		11,189,269		1.0	%
	Other Securities				151,227,680		12.9	%
TOTAL INDUSTRIALS					264,939,778		22.7	%
INFORMATION TECHNOLOGY — (8.5%)
	Computacenter PLC		501,179		10,398,774		0.9	%
	Micro Focus International PLC		1,571,570		9,370,682		0.8	%
	Softcat PLC		677,739		8,707,891		0.7	%
	Spectris PLC		462,131		16,016,986		1.4	%
	Spirent Communications PLC		4,065,908		12,069,222		1.0	%
	Other Securities				44,097,451		3.8	%
TOTAL INFORMATION TECHNOLOGY					100,661,006		8.6	%
MATERIALS — (5.1%)
	Victrex PLC		545,312		10,356,993		0.9	%
	Other Securities				50,618,342		4.3	%
TOTAL MATERIALS					60,975,335		5.2	%
REAL ESTATE — (3.0%)
	Grainger PLC		4,237,552		11,018,013		0.9	%
	Savills PLC		965,499		9,122,034		0.8	%
	Other Securities				15,177,252		1.3	%
TOTAL REAL ESTATE					35,317,299		3.0	%
UTILITIES — (4.2%)
	Centrica PLC		12,351,821		10,853,682		0.9	%
	Drax Group PLC		2,494,304		14,895,027		1.3	%
	Pennon Group PLC		1,360,703		13,075,947		1.1	%
	Telecom Plus PLC		427,882		10,401,875		0.9	%
	Other Security				539,940		0.1	%
TOTAL UTILITIES					49,766,471		4.3	%
TOTAL COMMON STOCKS (Cost $1,400,292,665)					1,160,537,010		99.4	%
				Value†
SECURITIES LENDING COLLATERAL — (2.5%)
@§	The DFA Short Term Investment Fund		2,548,908		29,467,920		2.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,429,768,069)				$	1,190,004,930		101.9	%

212

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of October 31, 2022, 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	$	23,016	$	43,176,934		—		$	43,199,950
Consumer Discretionary		—		194,388,958	$	109,146			194,498,104
Consumer Staples		—		83,434,553		—			83,434,553
Energy		—		50,051,723		—			50,051,723
Financials		—		219,518,781		520			219,519,301
Health Care		—		58,167,401		6,089			58,173,490
Industrials		160,252		264,779,526		—			264,939,778
Information Technology		—		100,661,006		—			100,661,006
Materials		—		60,975,335		—			60,975,335
Real Estate		—		35,317,299		—			35,317,299
Utilities		—		49,766,471		—			49,766,471
Securities Lending Collateral		—		29,467,920		—			29,467,920
TOTAL	$	183,268	$	1,189,705,907	$	115,755	^	$	1,190,004,930

^ 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.

213

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (93.7%)
AUSTRIA — (3.1%)
	ANDRITZ AG		444,373	$	20,652,912		0.5	%
W	BAWAG Group AG		344,403		16,626,330		0.4	%
	Other Securities				104,285,328		2.4	%
TOTAL AUSTRIA					141,564,570		3.3	%
BELGIUM — (4.4%)
	Ackermans & van Haaren NV		172,739		24,066,242		0.6	%
	D’ieteren Group		122,666		20,415,062		0.5	%
	Euronav NV		1,306,429		22,776,000		0.5	%
	Other Securities				132,956,790		3.0	%
TOTAL BELGIUM					200,214,094		4.6	%
DENMARK — (6.2%)
#*	ISS AS		927,711		17,037,438		0.4	%
*	Jyske Bank AS		445,581		24,047,629		0.6	%
	Ringkjoebing Landbobank AS		197,936		21,527,994		0.5	%
	Royal Unibrew AS		312,072		17,826,861		0.4	%
	Topdanmark AS		367,737		16,972,205		0.4	%
	Other Securities				187,427,684		4.2	%
TOTAL DENMARK					284,839,811		6.5	%
FINLAND — (5.3%)
	Huhtamaki Oyj		643,085		23,112,067		0.5	%
	Orion Oyj, Class B		676,382		31,125,885		0.7	%
	Valmet Oyj		1,002,259		22,794,608		0.5	%
	Other Securities				164,215,005		3.8	%
TOTAL FINLAND					241,247,565		5.5	%
FRANCE — (10.4%)
	Gaztransport Et Technigaz SA		161,171		18,750,394		0.4	%
	Nexans SA		198,522		18,537,701		0.4	%
	Rexel SA		1,687,054		30,105,974		0.7	%
*	SOITEC		136,660		17,498,496		0.4	%
	SPIE SA		887,677		20,765,906		0.5	%
	Other Securities				368,603,169		8.5	%
TOTAL FRANCE					474,261,640		10.9	%
GERMANY — (13.4%)
*	Aareal Bank AG		523,741		16,561,936		0.4	%
	Aurubis AG		287,683		18,152,871		0.4	%
	Freenet AG		962,168		18,912,546		0.4	%
	Hugo Boss AG		426,713		19,653,270		0.5	%
	K&S AG		1,269,799		28,035,878		0.7	%
	Lanxess AG		577,941		19,544,674		0.5	%
	Rheinmetall AG		186,043		30,241,593		0.7	%
	Other Securities				460,058,281		10.5	%
TOTAL GERMANY					611,161,049		14.1	%
IRELAND — (1.5%)
	Bank of Ireland Group PLC		5,945,531		42,811,519		1.0	%

214

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
IRELAND — (Continued)
	Other Securities			$	24,848,912		0.6	%
TOTAL IRELAND					67,660,431		1.6	%
ISRAEL — (3.6%)
	Other Securities				162,740,149		3.7	%
ITALY — (8.4%)
	Banco BPM SpA		10,252,032		31,017,683		0.7	%
	Italgas SpA		3,535,826		18,217,452		0.4	%
	Leonardo SpA		2,965,480		23,824,938		0.6	%
	Other Securities				310,831,433		7.1	%
TOTAL ITALY					383,891,506		8.8	%
NETHERLANDS — (5.6%)
	Aalberts NV		686,131		23,803,028		0.6	%
	Arcadis NV		533,103		18,091,946		0.4	%
	ASR Nederland NV		672,922		29,630,688		0.7	%
	BE Semiconductor Industries NV		405,420		20,662,135		0.5	%
#	OCI NV		554,235		21,198,317		0.5	%
W	Signify NV		711,679		19,717,182		0.5	%
	Other Securities				123,236,655		2.7	%
TOTAL NETHERLANDS					256,339,951		5.9	%
NORWAY — (2.4%)
	Other Securities				111,438,926		2.6	%
PORTUGAL — (1.0%)
	Other Securities				43,915,237		1.0	%
SPAIN — (5.7%)
	Banco de Sabadell SA		36,362,876		28,610,453		0.7	%
	Bankinter SA		4,326,671		26,171,851		0.6	%
#	Enagas SA		1,457,648		23,663,312		0.5	%
	Other Securities				184,347,363		4.2	%
TOTAL SPAIN					262,792,979		6.0	%
SWEDEN — (5.9%)
	Other Securities				270,528,558		6.2	%
SWITZERLAND — (16.5%)
	Allreal Holding AG		125,251		17,941,765		0.4	%
	Belimo Holding AG		65,574		26,708,771		0.6	%
	BKW AG		163,805		19,109,935		0.4	%
	Bucher Industries AG		54,335		18,319,886		0.4	%
	Clariant AG		1,125,574		18,088,884		0.4	%
	DKSH Holding AG		235,948		17,021,421		0.4	%
*	Flughafen Zurich AG		147,702		22,913,924		0.5	%
	Georg Fischer AG		630,511		34,920,705		0.8	%
	Helvetia Holding AG		266,750		26,488,894		0.6	%
	PSP Swiss Property AG		340,600		36,386,222		0.8	%
	Siegfried Holding AG		32,909		19,590,005		0.5	%
W	VAT Group AG		114,674		26,180,212		0.6	%
	Other Securities				470,666,378		11.0	%
TOTAL SWITZERLAND					754,337,002		17.4	%

215

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
UNITED STATES — (0.3%)
Other Securities			$	12,849,060		0.3	%
TOTAL COMMON STOCKS				4,279,782,528		98.4	%
PREFERRED STOCKS — (0.7%)
GERMANY — (0.7%)
Other Securities				33,294,751		0.8	%
TOTAL INVESTMENT SECURITIES (Cost $4,398,989,975)				4,313,077,279
			Value†
SECURITIES LENDING COLLATERAL — (5.6%)
@§     The DFA Short Term Investment Fund		22,188,427		256,520,399		5.9	%
TOTAL INVESTMENTS—(100.0%) (Cost $4,655,611,905)			$	4,569,597,678		105.1	%

Summary of the Series’ investments as of October 31, 2022, 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	$	376,173	$	141,188,397		—		$	141,564,570
Belgium		792,151		199,421,943		—			200,214,094
Denmark		—		284,839,811		—			284,839,811
Finland		—		241,247,565		—			241,247,565
France		127,704		474,099,006	$	34,930			474,261,640
Germany		—		611,161,049		—			611,161,049
Ireland		—		67,660,431		—			67,660,431
Israel		585,758		162,154,391		—			162,740,149
Italy		—		383,891,506		—			383,891,506
Netherlands		—		256,339,951		—			256,339,951
Norway		239,412		111,199,514		—			111,438,926
Portugal		—		43,915,237		—			43,915,237
Spain		—		262,792,979		—			262,792,979
Sweden		704,204		269,824,354		—			270,528,558
Switzerland		—		754,337,002		—			754,337,002
United States		5,487,656		7,361,404		—			12,849,060
Preferred Stocks
Germany		—		33,294,751		—			33,294,751
Securities Lending Collateral		—		256,520,399		—			256,520,399
TOTAL	$	8,313,058	$	4,561,249,690	$	34,930	^	$	4,569,597,678

^ 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.

216

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (85.9%)
COMMUNICATION SERVICES — (1.1%)
	Other Securities			$	15,273,446		1.2	%
CONSUMER DISCRETIONARY — (4.7%)
#*	Aritzia, Inc.		461,040		17,881,861		1.5	%
	Linamar Corp.		255,634		10,941,402		0.9	%
	Other Securities				38,001,319		3.1	%
TOTAL CONSUMER DISCRETIONARY					66,824,582		5.5	%
CONSUMER STAPLES — (4.2%)
#	North West Co., Inc.		291,156		7,576,232		0.6	%
#	Premium Brands Holdings Corp.		227,466		13,419,050		1.1	%
	Primo Water Corp.		93,425		1,363,071		0.1	%
	Primo Water Corp.		799,922		11,661,064		1.0	%
	Other Securities				25,055,883		2.1	%
TOTAL CONSUMER STAPLES					59,075,300		4.9	%
ENERGY — (24.7%)
*	Advantage Energy Ltd.		1,194,867		9,033,751		0.7	%
*	Baytex Energy Corp.		2,341,875		12,720,575		1.0	%
#	Birchcliff Energy Ltd.		1,610,417		12,518,307		1.0	%
#	Crescent Point Energy Corp.		2,943,000		23,006,533		1.9	%
#	Crescent Point Energy Corp.		346,792		2,715,381		0.2	%
#	Enerplus Corp.		1,294,755		22,448,059		1.9	%
	Enerplus Corp.		28,353		490,790		0.0	%
#	Freehold Royalties Ltd.		652,441		8,117,499		0.7	%
#	Gibson Energy, Inc.		899,205		15,345,922		1.3	%
#*	MEG Energy Corp.		2,167,763		32,412,620		2.7	%
*	NuVista Energy Ltd.		1,111,528		11,022,676		0.9	%
#	Paramount Resources Ltd., Class A		405,621		8,592,673		0.7	%
	Parex Resources, Inc.		774,607		11,815,124		1.0	%
	Parkland Corp.		836,660		16,913,140		1.4	%
#	Peyto Exploration & Development Corp.		965,837		9,017,834		0.7	%
#	PrairieSky Royalty Ltd.		1,182,767		18,370,720		1.5	%
	Secure Energy Services, Inc.		1,849,956		9,709,094		0.8	%
#	Vermilion Energy, Inc.		716,524		16,719,858		1.4	%
	Vermilion Energy, Inc.		233,451		5,441,743		0.5	%
#	Whitecap Resources, Inc.		2,696,209		20,899,159		1.7	%
	Other Securities				81,074,025		6.7	%
TOTAL ENERGY					348,385,483		28.7	%
FINANCIALS — (8.0%)
#	Canadian Western Bank		498,863		8,678,426		0.7	%
#	CI Financial Corp.		1,010,158		10,113,814		0.8	%
	Element Fleet Management Corp.		2,180,348		29,047,834		2.4	%
#	Laurentian Bank of Canada		370,975		8,278,078		0.7	%
	Other Securities				56,710,772		4.7	%
TOTAL FINANCIALS					112,828,924		9.3	%
HEALTH CARE — (1.3%)
	Other Securities				18,737,939		1.5	%

217

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (9.4%)
*	ATS Automation Tooling Systems, Inc.		416,536	$	13,177,745		1.1	%
#*	Bombardier, Inc., Class A		13,989		415,455		0.0	%
#*	Bombardier, Inc., Class B		435,248		12,782,522		1.1	%
#	Boyd Group Services, Inc.		87,102		12,394,461		1.0	%
	Finning International, Inc.		809,489		17,213,562		1.4	%
	Richelieu Hardware Ltd.		316,493		8,495,724		0.7	%
#	Russel Metals, Inc.		345,023		7,146,878		0.6	%
#	SNC-Lavalin Group, Inc.		888,433		15,383,811		1.3	%
	Other Securities				46,315,708		3.8	%
TOTAL INDUSTRIALS					133,325,866		11.0	%
INFORMATION TECHNOLOGY — (2.8%)
	Other Securities				39,577,541		3.2	%
MATERIALS — (20.5%)
	Alamos Gold, Inc., Class A		2,191,494		17,292,586		1.4	%
	Alamos Gold, Inc., Class A		23,683		186,859		0.0	%
	B2Gold Corp.		523,630		1,598,929		0.1	%
	B2Gold Corp.		4,206,445		12,913,786		1.1	%
	Lundin Mining Corp.		1,333,672		6,989,700		0.6	%
#	Methanex Corp.		214,217		7,476,800		0.6	%
#	Methanex Corp.		126,782		4,423,424		0.4	%
	Pan American Silver Corp.		30,283		483,470		0.0	%
#	Pan American Silver Corp.		807,720		12,907,366		1.1	%
#	SSR Mining, Inc.		847,686		11,672,908		1.0	%
	SSR Mining, Inc.		262,936		3,628,517		0.3	%
#	Stella-Jones, Inc.		312,231		9,403,485		0.8	%
	Turquoise Hill Resources Ltd.		237,010		6,662,351		0.6	%
#*	Turquoise Hill Resources Ltd.		259,936		7,319,089		0.6	%
#	Yamana Gold, Inc.		3,875,378		17,010,871		1.4	%
	Yamana Gold, Inc.		588,814		2,579,005		0.2	%
	Other Securities				166,659,300		13.6	%
TOTAL MATERIALS					289,208,446		23.8	%
REAL ESTATE — (2.3%)
#	Altus Group Ltd.		244,093		8,673,647		0.7	%
#	Tricon Residential, Inc.		1,203,306		10,139,797		0.8	%
	Tricon Residential, Inc.		103,827		875,262		0.1	%
	Other Securities				12,011,086		1.0	%
TOTAL REAL ESTATE					31,699,792		2.6	%
UTILITIES — (6.9%)
	Atco Ltd., Class I		397,742		12,349,607		1.0	%
	Boralex, Inc., Class A		499,461		14,162,424		1.2	%
#	Brookfield Infrastructure Corp., Class A		205,538		8,868,171		0.7	%
	Capital Power Corp.		724,520		24,250,825		2.0	%
#	Innergex Renewable Energy, Inc.		748,951		8,246,239		0.7	%
	TransAlta Corp.		1,758,255		15,487,254		1.3	%

218

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
UTILITIES — (Continued)
Other Securities				$	14,633,883		1.2	%
TOTAL UTILITIES					97,998,403		8.1	%
TOTAL COMMON STOCKS (Cost $1,129,103,652)					1,212,935,722		99.8	%
TOTAL RIGHTS/WARRANTS (Cost $)					0		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $1,129,103,652)					1,212,935,722
				Value†
SECURITIES LENDING COLLATERAL — (14.1%)
@ §	The DFA Short Term Investment Fund		17,275,482		199,721,843		16.5	%
TOTAL INVESTMENTS—(100.0%) (Cost $1,328,909,530)				$	1,412,657,565		116.3	%

Summary of the Series’ investments as of October 31, 2022, 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	$	11,643,215	$	3,630,231		—	$	15,273,446
Consumer Discretionary		66,824,582		—		—		66,824,582
Consumer Staples		59,075,300		—		—		59,075,300
Energy		348,385,483		—		—		348,385,483
Financials		112,828,924		—		—		112,828,924
Health Care		18,723,050		14,889		—		18,737,939
Industrials		133,325,866		—		—		133,325,866
Information Technology		39,577,541		—		—		39,577,541
Materials		289,169,935		38,511		—		289,208,446
Real Estate		31,699,792		—		—		31,699,792
Utilities		97,998,403		—		—		97,998,403
Securities Lending Collateral		—		199,721,843		—		199,721,843
TOTAL	$	1,209,252,091	$	203,405,474		—	$	1,412,657,565

See accompanying Notes to Financial Statements.

219

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (96.1%)
BRAZIL — (4.5%)
	Petroleo Brasileiro SA		2,733,556	$	17,601,021		0.4	%
	Petroleo Brasileiro SA, Sponsored ADR		511,889		5,891,842		0.1	%
	Petroleo Brasileiro SA, Sponsored ADR		227,883		2,921,460		0.1	%
	Vale SA		2,364,713		30,731,421		0.8	%
	Other Securities				124,887,653		3.2	%
TOTAL BRAZIL					182,033,397		4.6	%
CHILE — (0.5%)
	Other Securities				21,724,736		0.5	%
CHINA — (23.4%)
*	Alibaba Group Holding Ltd.		714,100		5,552,061		0.2	%
*	Alibaba Group Holding Ltd., Sponsored ADR		835,875		53,144,932		1.4	%
*	Baidu, Inc., Class A		1,268,100		12,157,268		0.3	%
	Bank of China Ltd., Class H		43,912,181		14,143,111		0.4	%
	China Construction Bank Corp., Class H		59,766,590		31,717,427		0.8	%
	China Resources Land Ltd.		4,798,666		15,013,985		0.4	%
	CSPC Pharmaceutical Group Ltd.		11,629,200		11,945,066		0.3	%
	Industrial & Commercial Bank of China Ltd., Class H		30,774,185		13,361,085		0.4	%
	Lenovo Group Ltd.		13,043,278		10,424,287		0.3	%
*W	Meituan, Class B		1,133,000		18,139,936		0.5	%
#	NetEase, Inc., ADR		193,704		10,773,816		0.3	%
	Ping An Insurance Group Co. of China Ltd., Class H		3,693,500		14,786,523		0.4	%
	Tencent Holdings Ltd.		3,556,400		93,450,715		2.4	%
#*W	Xiaomi Corp., Class B		12,403,400		13,929,917		0.4	%
#	Yum China Holdings, Inc.		363,986		15,050,821		0.4	%
	Other Securities				618,214,698		14.9	%
TOTAL CHINA					951,805,648		23.8	%
COLOMBIA — (0.1%)
	Other Securities				5,030,142		0.1	%
CZECH REPUBLIC — (0.2%)
	Other Securities				7,199,868		0.2	%
EGYPT — (0.0%)
	Other Securities				1,920,708		0.1	%
GREECE — (0.3%)
	Other Securities				13,238,603		0.3	%
HUNGARY — (0.2%)
	Other Securities				8,953,846		0.2	%
INDIA — (18.0%)
	Axis Bank Ltd.		1,721,283		18,876,411		0.5	%
	Bajaj Finance Ltd.		131,798		11,395,650		0.3	%
	Bharti Airtel Ltd.		1,493,167		15,016,466		0.4	%
	HDFC Bank Ltd.		1,512,827		27,440,778		0.7	%
	Hindalco Industries Ltd.		2,222,008		10,881,758		0.3	%
	Hindustan Unilever Ltd.		440,646		13,635,504		0.3	%
	Housing Development Finance Corp. Ltd.		698,934		20,898,952		0.5	%
	ICICI Bank Ltd.		1,390,129		15,285,795		0.4	%

220

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
#	ICICI Bank Ltd., Sponsored ADR		649,989	$	14,325,747		0.4	%
	Infosys Ltd.		1,779,532		33,201,533		0.8	%
#	Infosys Ltd., Sponsored ADR		500,328		9,371,143		0.2	%
	JSW Steel Ltd.		1,422,439		11,597,295		0.3	%
	Mahindra & Mahindra Ltd.		905,189		14,787,857		0.4	%
	Reliance Industries Ltd.		1,374,995		42,364,653		1.1	%
	Tata Consultancy Services Ltd.		572,990		22,023,536		0.6	%
*	Tata Motors Ltd.		2,234,196		11,170,004		0.3	%
	Tata Steel Ltd.		11,675,250		14,256,387		0.4	%
	Other Securities				425,896,974		10.5	%
TOTAL INDIA					732,426,443		18.4	%
INDONESIA — (2.4%)
	Bank Central Asia Tbk PT		30,668,300		17,336,096		0.4	%
	Other Securities				80,236,504		2.0	%
TOTAL INDONESIA					97,572,600		2.4	%
MALAYSIA — (1.7%)
	Other Securities				70,536,471		1.8	%
MEXICO — (2.6%)
	America Movil SAB de CV		17,462,580		16,481,615		0.4	%
	Grupo Financiero Banorte SAB de CV, Class O		1,806,062		14,702,455		0.4	%
	Other Securities				72,766,011		1.8	%
TOTAL MEXICO					103,950,081		2.6	%
PERU — (0.2%)
	Other Securities				6,210,439		0.2	%
PHILIPPINES — (0.8%)
	Other Securities				31,534,552		0.8	%
POLAND — (0.6%)
	Other Securities				25,584,214		0.6	%
QATAR — (1.0%)
	Qatar National Bank QPSC		2,505,254		13,717,886		0.3	%
	Other Securities				28,854,876		0.8	%
TOTAL QATAR					42,572,762		1.1	%
SAUDI ARABIA — (4.7%)
*	Al Rajhi Bank		1,085,108		24,605,766		0.6	%
*	Saudi Arabian Mining Co.		512,286		11,402,576		0.3	%
	Saudi National Bank		945,913		14,950,375		0.4	%
	Saudi Telecom Co.		1,007,500		10,824,373		0.3	%
	Other Securities				131,529,877		3.2	%
TOTAL SAUDI ARABIA					193,312,967		4.8	%
SOUTH AFRICA — (3.5%)
	MTN Group Ltd.		1,570,195		11,097,278		0.3	%
	Other Securities				129,896,408		3.2	%
TOTAL SOUTH AFRICA					140,993,686		3.5	%

221

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (11.7%)
	KB Financial Group, Inc.		309,585	$	10,417,236		0.3	%
	Samsung Electronics Co. Ltd.		3,140,501		130,707,098		3.3	%
	SK Hynix, Inc.		384,714		22,271,674		0.6	%
	Other Securities				310,821,368		7.7	%
TOTAL SOUTH KOREA					474,217,376		11.9	%
TAIWAN — (15.0%)
	Hon Hai Precision Industry Co. Ltd.		5,794,322		18,403,209		0.5	%
#	MediaTek, Inc.		799,995		14,582,464		0.4	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		13,416,808		161,299,590		4.0	%
	Other Securities				415,194,442		10.4	%
TOTAL TAIWAN					609,479,705		15.3	%
THAILAND — (2.5%)
	Other Securities				100,451,044		2.5	%
TURKEY — (0.7%)
	Other Securities				28,045,003		0.7	%
UNITED ARAB EMIRATES — (1.5%)
	Emirates Telecommunications Group Co. PJSC		1,754,520		12,330,867		0.3	%
	Other Securities				50,250,860		1.3	%
TOTAL UNITED ARAB EMIRATES					62,581,727		1.6	%
UNITED STATES — (0.0%)
	Other Security				1,338,052		0.0	%
TOTAL COMMON STOCKS					3,912,714,070		98.0	%
PREFERRED STOCKS — (1.3%)
BRAZIL — (1.2%)
	Itau Unibanco Holding SA		2,317,176		13,637,044		0.4	%
	Petroleo Brasileiro SA		2,952,047		17,036,206		0.4	%
	Other Securities				18,830,811		0.5	%
	TOTAL BRAZIL				49,504,061		1.3	%
CHILE — (0.0%)
	Other Security				753,310		0.0	%
COLOMBIA — (0.1%)
	Other Securities				762,616		0.0	%
SOUTH KOREA — (0.0%)
	Other Security				39,130		0.0	%
TAIWAN — (0.0%)
	Other Security				276,224		0.0	%
TOTAL PREFERRED STOCKS					51,335,341		1.3	%
RIGHTS/WARRANTS — (0.0%)
MALAYSIA — (0.0%)
	Other Security				16,218		0.0	%

222

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
SOUTH KOREA — (0.0%)
	Other Security			$	39,126		0.0	%
TAIWAN — (0.0%)
	Other Security				59,429		0.0	%
TOTAL RIGHTS/WARRANTS					114,773		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $3,031,692,639)					3,964,164,184
				Value†
SECURITIES LENDING COLLATERAL — (2.6%)
@§	The DFA Short Term Investment Fund		9,232,721		106,739,492		2.7	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,138,466,170)				$	4,070,903,676		102.0	%

As of October 31, 2022, 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		644		12/16/22	$	29,866,714	$	27,485,920	$	(2,380,794	)
S&P 500® Emini Index		73		12/16/22		13,941,096		14,172,950		231,854
Total Futures Contracts					$	43,807,810	$	41,658,870	$	(2,148,940	)

Summary of the Series’ investments as of October 31, 2022, 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	$	182,023,797	$	9,600		—	$	182,033,397
Chile		11,803,006		9,921,730		—		21,724,736
China		123,031,320		828,774,328		—		951,805,648
Colombia		4,717,484		312,658		—		5,030,142
Czech Republic		—		7,199,868		—		7,199,868
Egypt		1,962		1,918,746		—		1,920,708
Greece		10,252		13,217,128	$	11,223		13,238,603
Hungary		—		8,953,846		—		8,953,846
India		31,593,723		700,832,720		—		732,426,443
Indonesia		—		97,572,600		—		97,572,600
Malaysia		—		70,536,471		—		70,536,471
Mexico		103,950,081		—		—		103,950,081
Peru		6,210,439		—		—		6,210,439
Philippines		548,996		30,985,556		—		31,534,552
Poland		—		25,584,214		—		25,584,214
Qatar		—		42,572,762		—		42,572,762
Saudi Arabia		—		193,312,967		—		193,312,967
South Africa		22,218,169		118,775,517		—		140,993,686
South Korea		4,855,920		469,361,456		—		474,217,376
Taiwan		4,177,320		605,295,946		6,439		609,479,705
Thailand		98,389,048		2,061,996		—		100,451,044

223

THE EMERGING MARKETS SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Turkey		—		$	28,045,003		—	$	28,045,003
United Arab Emirates		—			62,581,727		—		62,581,727
United States		—			1,338,052		—		1,338,052
Preferred Stocks
Brazil	$	49,504,061			—		—		49,504,061
Chile		—			753,310		—		753,310
Colombia		762,616			—		—		762,616
South Korea		—			39,130		—		39,130
Taiwan		—			276,224		—		276,224
Rights/Warrants
Malaysia		—			16,218		—		16,218
South Korea		—			39,126		—		39,126
Taiwan		—			59,429		—		59,429
Securities Lending Collateral		—			106,739,492		—		106,739,492
Futures Contracts**		(2,148,940	)		—		—		(2,148,940	)
TOTAL	$	641,649,254		$	3,427,087,820	$	17,662^	$	4,068,754,736

** 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.

224

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.3%)
BELGIUM — (0.0%)
	Other Security			$	14,557		0.0	%
BRAZIL — (5.7%)
	TOTVS SA		1,646,258		10,568,178		0.3	%
	Transmissora Alianca de Energia Eletrica SA		1,318,523		10,258,724		0.3	%
	Other Securities				181,842,977		5.2	%
TOTAL BRAZIL					202,669,879		5.8	%
CHILE — (0.6%)
	Other Securities				22,580,410		0.6	%
CHINA — (21.9%)
	BYD Electronic International Co. Ltd.		1,940,500		5,639,059		0.2	%
	China Conch Venture Holdings Ltd.		4,615,500		6,807,382		0.2	%
	China Medical System Holdings Ltd.		5,342,500		5,838,944		0.2	%
	China Merchants Port Holdings Co. Ltd.		4,575,230		5,363,986		0.2	%
	China Power International Development Ltd.		18,883,333		5,457,077		0.2	%
	Chinasoft International Ltd.		9,542,000		6,322,273		0.2	%
	Far East Horizon Ltd.		6,976,000		5,387,074		0.2	%
	Hengan International Group Co. Ltd.		2,254,500		8,741,258		0.3	%
#*	JinkoSolar Holding Co. Ltd., ADR		157,507		7,478,432		0.2	%
	Kingboard Holdings Ltd.		2,624,421		6,478,798		0.2	%
	Kingsoft Corp. Ltd.		3,307,600		10,015,883		0.3	%
	Kunlun Energy Co. Ltd.		12,020,000		7,183,987		0.2	%
	Minth Group Ltd.		2,963,000		5,842,632		0.2	%
	Shandong Weigao Group Medical Polymer Co. Ltd.,
	Class H		6,050,400		8,336,151		0.3	%
	Sinopharm Group Co. Ltd., Class H		3,677,200		6,976,059		0.2	%
W	Yadea Group Holdings Ltd.		4,400,000		6,718,272		0.2	%
	Other Securities				674,286,363		18.7	%
TOTAL CHINA.					782,873,630		22.2	%
COLOMBIA — (0.1%)
	Other Securities				3,508,664		0.1	%
GREECE — (0.4%)
	Other Securities				12,870,333		0.4	%
HONG KONG — (0.0%)
	Other Securities				603,989		0.0	%
HUNGARY — (0.0%)
	Other Securities				1,366,524		0.0	%
INDIA — (19.2%)
	Adani Enterprises Ltd.		132,085		5,349,994		0.2	%
*	Adani Power Ltd.		1,298,946		5,278,915		0.2	%
*	Adani Transmission Ltd.		257,725		10,446,809		0.3	%
	AIA Engineering Ltd.		176,351		5,759,750		0.2	%
	Atul Ltd.		55,580		5,679,275		0.2	%
	Crompton Greaves Consumer Electricals Ltd.		1,633,503		7,149,511		0.2	%
	Federal Bank Ltd.		5,370,459		8,537,661		0.3	%
*	Fortis Healthcare Ltd.		1,720,585		5,777,317		0.2	%

225

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
	Gujarat Fluorochemicals Ltd.		132,935	$	6,079,642		0.2	%
	Indian Hotels Co. Ltd.		2,496,258		10,070,893		0.3	%
	KPIT Technologies Ltd.		689,000		5,930,463		0.2	%
	Persistent Systems Ltd.		209,899		9,370,830		0.3	%
	Phoenix Mills Ltd.		331,488		5,729,067		0.2	%
	Schaeffler India Ltd.		160,300		5,371,315		0.2	%
	Supreme Industries Ltd.		209,572		5,492,082		0.2	%
	Tata Elxsi Ltd.		72,466		6,148,163		0.2	%
	Tube Investments of India Ltd.		410,776		13,507,760		0.4	%
	Zee Entertainment Enterprises Ltd.		2,035,315		6,463,376		0.2	%
	Other Securities				558,019,401		15.3	%
TOTAL INDIA					686,162,224		19.5	%
INDONESIA — (2.4%)
	Other Securities				84,409,677		2.4	%
MALAYSIA — (1.6%)
	Other Securities				58,092,744		1.7	%
MEXICO — (3.1%)
W	Banco del Bajio SA		2,573,919		7,246,414		0.2	%
	Grupo Comercial Chedraui SA de CV		1,754,925		7,093,925		0.2	%
*	Grupo Simec SAB de CV, Class B		954,497		9,538,707		0.3	%
*	Industrias CH SAB de CV, Class B		1,752,132		19,365,158		0.6	%
	La Comer SAB de CV		3,003,626		5,518,194		0.2	%
	Other Securities				63,096,833		1.7	%
TOTAL MEXICO					111,859,231		3.2	%
PHILIPPINES — (1.0%)
	Other Securities				36,898,462		1.1	%
POLAND — (0.9%)
	Grupa Kety SA		54,943		5,668,090		0.2	%
	Other Securities				26,522,826		0.7	%
TOTAL POLAND					32,190,916		0.9	%
QATAR — (0.9%)
	Other Securities				31,471,396		0.9	%
SAUDI ARABIA — (3.9%)
*	Dar Al Arkan Real Estate Development Co.		1,798,980		6,436,392		0.2	%
	Other Securities				132,119,560		3.7	%
TOTAL SAUDI ARABIA					138,555,952		3.9	%
SOUTH AFRICA — (3.8%)
	Foschini Group Ltd.		907,837		5,675,989		0.2	%
	Woolworths Holdings Ltd.		2,234,195		7,661,480		0.2	%
	Other Securities				122,354,989		3.5	%
TOTAL SOUTH AFRICA					135,692,458		3.9	%
SOUTH KOREA — (11.3%)
	Other Securities				402,710,105		11.4	%

226

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
TAIWAN — (15.7%)
TA Chen Stainless Pipe		4,850,504	$	5,667,713		0.2	%
Taichung Commercial Bank Co. Ltd.		15,973,893		6,212,649		0.2	%
Other Securities				548,850,145		15.5	%
TOTAL TAIWAN.				560,730,507		15.9	%
THAILAND — (2.6%)
Other Securities				93,749,823		2.7	%
TURKEY — (1.3%)
#*   Sasa Polyester Sanayi AS		1,429,621		9,207,695		0.3	%
Other Securities				37,953,231		1.0	%
TOTAL TURKEY				47,160,926		1.3	%
UNITED ARAB EMIRATES — (0.9%)
Abu Dhabi Islamic Bank PJSC		2,965,487		7,672,903		0.2	%
Other Securities				25,577,712		0.7	%
TOTAL UNITED ARAB EMIRATES				33,250,615		0.9	%
TOTAL COMMON STOCKS				3,479,423,022		98.8	%
PREFERRED STOCKS — (0.9%)
BRAZIL — (0.8%)
Unipar Carbocloro SA		265,449		5,487,809		0.2	%
Other Securities				21,750,780		0.6	%
TOTAL BRAZIL				27,238,589		0.8	%
CHILE — (0.0%)
Other Securities				707,061		0.0	%
COLOMBIA — (0.0%)
Other Security				51,644		0.0	%
PHILIPPINES — (0.0%)
Other Security				400,488		0.0	%
THAILAND — (0.1%)
Other Security				1,341,790		0.1	%
TOTAL PREFERRED STOCKS				29,739,572		0.9	%
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
Other Securities				36,347		0.0	%
INDIA — (0.0%)
Other Security				149,656		0.0	%
INDONESIA — (0.0%)
Other Security				3,503		0.0	%
MALAYSIA — (0.0%)
Other Security				26,642		0.0	%

227

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
SAUDI ARABIA — (0.0%)
Other Security			$	115,159		0.0	%
SOUTH KOREA — (0.0%)
Other Securities				1,889		0.0	%
TAIWAN — (0.0%)
Other Securities				22,016		0.0	%
THAILAND — (0.0%)
Other Securities				591		0.0	%
TOTAL RIGHTS/WARRANTS				355,803		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $3,641,873,380)				3,509,518,397
			Value†
SECURITIES LENDING COLLATERAL — (1.8%)
@§ The DFA Short Term Investment Fund		5,706,428		65,972,009		1.8	%
TOTAL INVESTMENTS—(100.0%) (Cost $3,707,870,867)			$	3,575,490,406		101.5	%

As of October 31, 2022, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		572		12/16/22	$	27,594,377	$	24,412,960	$	(3,181,417	)
Total Futures Contracts					$	27,594,377	$	24,412,960	$	(3,181,417	)

Summary of the Series’ investments as of October 31, 2022, 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
Belgium		—	$	14,557		—	$	14,557
Brazil	$	200,556,578		2,113,301		—		202,669,879
Chile		56,743		22,523,667		—		22,580,410
China		30,708,728		744,535,093	$	7,629,809		782,873,630
Colombia		2,857,262		651,402		—		3,508,664
Greece		47,143		12,823,190		—		12,870,333
Hong Kong		—		603,989		—		603,989
Hungary		—		1,366,524		—		1,366,524
India		328,042		685,825,728		8,454		686,162,224
Indonesia		211,331		83,744,145		454,201		84,409,677
Malaysia		—		58,091,500		1,244		58,092,744
Mexico		105,709,485		6,131,488		18,258		111,859,231
Philippines		—		36,892,926		5,536		36,898,462
Poland		—		32,190,916		—		32,190,916
Qatar		—		31,471,396		—		31,471,396
Saudi Arabia		495,984		138,059,968		—		138,555,952

228

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
South Africa	$	4,776,263		$	130,916,195		—	$	135,692,458
South Korea		30,295			400,895,469	$	1,784,341		402,710,105
Taiwan		499,088			559,929,711		301,708		560,730,507
Thailand		91,364,773			2,379,782		5,268		93,749,823
Turkey		—			47,160,926		—		47,160,926
United Arab Emirates		—			33,250,615		—		33,250,615
Preferred Stocks
Brazil		27,142,205			96,384		—		27,238,589
Chile		—			707,061		—		707,061
Colombia		51,644			—		—		51,644
Philippines		—			400,488		—		400,488
Thailand		1,341,790			—		—		1,341,790
Rights/Warrants
Brazil		—			36,347		—		36,347
India		—			149,656		—		149,656
Indonesia		—			3,503		—		3,503
Malaysia		—			26,642		—		26,642
Saudi Arabia		—			115,159		—		115,159
South Korea		—			1,889		—		1,889
Taiwan		—			22,016		—		22,016
Thailand		—			591		—		591
Securities Lending Collateral		—			65,972,009		—		65,972,009
Futures Contracts**		(3,181,417	)		—		—		(3,181,417	)
TOTAL	$	462,995,937		$	3,099,104,233	$	10,208,819^	$	3,572,308,989

** 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.

229

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

(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 $520,457, $134,496, $112,812 and $27,667 of securities on loan, respectively)	$	10,277,007	$	2,493,001	$	1,190,549	$	1,160,537
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $483,046, $55,564, $17,312 and $29,475,respectively)		482,853		55,545		17,305		29,468
Segregated Cash for Futures Contracts		8,420		—		—		—
Foreign Currencies at Value		128,438		174		1,718		1,035
Cash		37,517		975		210		8
Receivables:
Investment Securities Sold		5,068		4,450		126		1,867
Dividends, Interest and Tax Reclaims		77,741		23,051		1,315		5,013
Securities Lending Income		367		164		337		20
Unrealized Gain on Foreign Currency Contracts		—		4		5		—
Prepaid Expenses and Other Assets		1		—		—		—
Total Assets		11,017,412		2,577,364		1,211,565		1,197,948
LIABILITIES:
Payables:
Upon Return of Securities Loaned		486,408		56,630		17,192		29,920
Investment Securities Purchased		—		—		148		—
Due to Advisor		1,732		215		102		96
Futures Margin Variation		1,659		—		—		—
Accrued Expenses and Other Liabilities		480		176		102		85
Total Liabilities		490,279		57,021		17,544		30,101
NET ASSETS	$	10,527,133	$	2,520,343	$	1,194,021	$	1,167,847
Investment Securities at Cost	$	10,555,431	$	2,854,129	$	1,539,797	$	1,400,293
Foreign Currencies at Cost	$	130,216	$	175	$	1,705	$	1,040

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

See accompanying Notes to Financial Statements.

230

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

(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 $232,134, $211,169, $181,828 and $272,505 of securities on loan, respectively)	$	4,313,078	$	1,212,936	$	3,964,164	$	3,509,518
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $256,622, $199,806, $106,774 and $65,997,respectively)		256,520		199,722		106,739		65,972
Segregated Cash for Futures Contracts		—		—		2,116		1,231
Foreign Currencies at Value		1,400		1,520		41,719		25,680
Cash		526		—		76,319		9,943
Receivables:
Investment Securities Sold		14,246		22,504		1,311		3,266
Dividends, Interest and Tax Reclaims		28,879		719		3,308		3,828
Securities Lending Income		375		166		353		1,123
Futures Margin Variation		—		—		529		—
Unrealized Gain on Foreign Currency Contracts		—		—		42		3
Prepaid Expenses and Other Assets		—		1		2		—
Total Assets		4,615,024		1,437,568		4,196,602		3,620,564
LIABILITIES:
Payables:
Due to Custodian		—		122		—		—
Upon Return of Securities Loaned		267,759		222,227		91,531		67,037
Investment Securities Purchased		—		—		74,714		1,675
Due to Advisor		354		100		341		615
Futures Margin Variation		—		—		—		58
Unrealized Loss on Foreign Currency Contracts		—		—		13		—
Deferred Taxes Payable		—		—		37,032		29,704
Accrued Expenses and Other Liabilities		348		59		543		556
Total Liabilities		268,461		222,508		204,174		99,645
NET ASSETS	$	4,346,563	$	1,215,060	$	3,992,428	$	3,520,919
Investment Securities at Cost	$	4,398,990	$	1,129,104	$	3,031,693	$	3,641,873
Foreign Currencies at Cost	$	1,406	$	1,516	$	42,155	$	25,839

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

See accompanying Notes to Financial Statements.

231

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(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 $54,334, $8,447, $724 and $332, respectively)	$	528,788		$	76,219		$	63,499		$	63,674
Income from Securities Lending		4,573			1,562			4,162			102
Total Investment Income		533,361			77,781			67,661			63,776
Expenses
Investment Management Fees		23,325			2,900			1,555			1,523
Accounting & Transfer Agent Fees		2			—			4			—
Custodian Fees		1,012			419			272			106
Shareholders’ Reports		25			18			17			17
Directors’/Trustees’ Fees & Expenses		54			13			7			6
Professional Fees		275			39			19			20
Other		353			93			49			49
Total Expenses		25,046			3,482			1,923			1,721
Fees Paid Indirectly (Note C)		373			23			5			12
Net Expenses		24,673			3,459			1,918			1,709
Net Investment Income (Loss)		508,688			74,322			65,743			62,067
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		6,848			5,574			33,519			(4,763	)
Affiliated Investment Companies Shares Sold		36			(8	)		(10	)		(3	)
Futures		(16,735	)		—			349			—
Foreign Currency Transactions		(13,407	)		(5,554	)		(731	)		(1,687	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,198,406	)		(862,888	)		(565,107	)		(665,322	)
Affiliated Investment Companies Shares		(280	)		(32	)		(12	)		(11	)
Futures		2,503			—			—			—
Translation of Foreign Currency-Denominated Amounts		(4,633	)		(284	)		(8	)		(66	)
Net Realized and Unrealized Gain (Loss)		(2,224,074	)		(863,192	)		(532,000	)		(671,852	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,715,386	)	$	(788,870	)	$	(466,257	)	$	(609,785	)

** 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.

232

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(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 $22,430, $5,523, $21,392 and $17,193, respectively)	$	154,725		$	39,740		$	173,353		$	125,202
Income from Securities Lending		5,905			1,683			4,430			16,583
Total Investment Income		160,630			41,423			177,783			141,785
Expenses
Investment Management Fees		5,401			1,333			5,202			8,948
Accounting & Transfer Agent Fees		8			7			—			—
Custodian Fees		1,013			76			2,474			2,145
Shareholders’ Reports		21			17			21			19
Directors’/Trustees’ Fees & Expenses		21			6			22			19
Professional Fees		144			14			131			237
Other		180			37			291			352
Total Expenses		6,788			1,490			8,141			11,720
Fees Paid Indirectly (Note C)		29			9			124			98
Net Expenses		6,759			1,481			8,017			11,622
Net Investment Income (Loss)		153,871			39,942			169,766			130,163
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		53,125			84,639			37,299			106,869
Affiliated Investment Companies Shares Sold		(59	)		(66	)		(29	)		(18	)
Futures		—			27			(15,196	)		(6,942	)
Foreign Currency Transactions		(2,690	)		(101	)		(2,541	)		(2,550	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,054,707	)		(295,189	)		(1,639,645	)		(1,297,378	)
Affiliated Investment Companies Shares		(130	)		(101	)		(47	)		(41	)
Futures		—			—			(1,197	)		(3,235	)
Translation of Foreign Currency-Denominated Amounts		(3,148	)		(9	)		8			80
Net Realized and Unrealized Gain (Loss)		(2,007,609	)		(210,800	)		(1,621,348	)		(1,203,215	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,853,738	)	$	(170,858	)	$	(1,451,582	)	$	(1,073,052	)

** Net of foreign capital gain taxes withheld of $0, $0, $4,922 and $9,059, respectively.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

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THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The DFA International						The Japanese Small						The Asia Pacific Small
	Value Series						Company Series						Company Series
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	508,688		$	420,963		$	74,322		$	67,580		$	65,743		$	62,661
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		6,848			468,390			5,574			106,212			33,519			188,465
Affiliated Investment Companies Shares Sold		36			(27	)		(8	)		4			(10	)		(3	)
Futures		(16,735	)		29,155			—			—			349			—
Foreign Currency Transactions		(13,407	)		4,495			(5,554	)		(32	)		(731	)		(238	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,198,406	)		3,710,810			(862,888	)		204,124			(565,107	)		322,334
Affiliated Investment Companies Shares		(280	)		(30	)		(32	)		(6	)		(12	)		(1	)
Futures		2,503			5,251			—			—			—			—
Translation of Foreign Currency-Denominated Amounts		(4,633	)		(1,694	)		(284	)		(657	)		(8	)		8
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,715,386	)		4,637,313			(788,870	)		377,225			(466,257	)		573,226
Transactions in Interest:
Contributions		1,269,316			152,792			112,114			441,236			49,404			105,831
Withdrawals.		(1,324,290	)		(1,974,162	)		(219,045	)		(345,470	)		(212,093	)		(383,104	)
Net Increase (Decrease) from Transactions in Interest		(54,974	)		(1,821,370	)		(106,931	)		95,766			(162,689	)		(277,273	)
Total Increase (Decrease) in Net Assets		(1,770,360	)		2,815,943			(895,801	)		472,991			(628,946	)		295,953
Net Assets
Beginning of Year		12,297,493			9,481,550			3,416,144			2,943,153			1,822,967			1,527,014
End of Year	$	10,527,133		$	12,297,493		$	2,520,343		$	3,416,144		$	1,194,021		$	1,822,967

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

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

See accompanying Notes to Financial Statements.

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STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The United Kingdom Small						The Continental Small						The Canadian Small
	Company Series						Company Series						Company Series
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	62,067		$	43,588		$	153,871		$	125,991		$	39,942		$	24,914
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		(4,763	)		99,258			53,125			392,015			84,639			167,819
Affiliated Investment Companies Shares Sold		(3	)		1			(59	)		2			(66	)		(11	)
Futures		—			(120	)		—			—			27			42
Foreign Currency Transactions		(1,687	)		291			(2,690	)		(1,344	)		(101	)		445
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(665,322	)		602,698			(2,054,707	)		1,753,296			(295,189	)		390,372
Affiliated Investment Companies Shares		(11	)		(3	)		(130	)		(21	)		(101	)		(6	)
Translation of Foreign Currency-Denominated Amounts		(66	)		25			(3,148	)		(445	)		(9	)		3
Net Increase (Decrease) in Net Assets Resulting from Operations		(609,785	)		745,738			(1,853,738	)		2,269,494			(170,858	)		583,578
Transactions in Interest:
Contributions		38,338			46,399			179,167			513,046			51,681			164,451
Withdrawals		(157,982	)		(370,643	)		(517,971	)		(845,380	)		(117,171	)		(267,504	)
Net Increase (Decrease) from Transactions in Interest		(119,644	)		(324,244	)		(338,804	)		(332,334	)		(65,490	)		(103,053	)
Total Increase (Decrease) in Net Assets		(729,429	)		421,494			(2,192,542	)		1,937,160			(236,348	)		480,525
Net Assets
Beginning of Year		1,897,276			1,475,782			6,539,105			4,601,945			1,451,408			970,883
End of Year	$	1,167,847		$	1,897,276		$	4,346,563		$	6,539,105		$	1,215,060		$	1,451,408

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

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

See accompanying Notes to Financial Statements.

235

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STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Emerging Markets						The Emerging Markets
	Series						Small Cap Series
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	169,766		$	157,220		$	130,163		$	134,168
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		37,299			399,802			106,869			591,471
Affiliated Investment Companies Shares Sold		(29	)		—			(18	)		(4	)
Futures		(15,196	)		13,167			(6,942	)		5,812
Foreign Currency Transactions		(2,541	)		(3,699	)		(2,550	)		(3,794	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,639,645	)		694,801			(1,297,378	)		925,173
Affiliated Investment Companies Shares		(47	)		(10	)		(41	)		(6	)
Futures		(1,197	)		(990	)		(3,235	)		(191	)
Translation of Foreign Currency-Denominated Amounts		8			(9	)		80			(6	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,451,582	)		1,260,282			(1,073,052	)		1,652,623
Transactions in Interest:
Contributions		434,631			553,796			283,303			95,865
Withdrawals		(1,299,951	)		(1,229,073	)		(818,051	)		(1,526,723	)
Net Increase (Decrease) from Transactions in Interest		(865,320	)		(675,277	)		(534,748	)		(1,430,858	)
Total Increase (Decrease) in Net Assets		(2,316,902	)		585,005			(1,607,800	)		221,765
Net Assets
Beginning of Year		6,309,330			5,724,325			5,128,719			4,906,954
End of Year	$	3,992,428		$	6,309,330		$	3,520,919		$	5,128,719

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $4,922 and $9,059, respectively.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $50 and $2,309, respectively.

See accompanying Notes to Financial Statements.

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THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The DFA International Value Series															The Japanese Small Company Series
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Total Return		(13.82	%)		51.09	%		(18.68	%)		3.60	%		(8.10	%)		(23.60	%)		13.08	%		(1.93	%)		4.47	%		(7.46	%)
Net Assets, End of Year (thousands)	$	10,527,133		$	12,297,493		$	9,481,550		$	12,420,850		$	12,153,340		$	2,520,343		$	3,416,144		$	2,943,153		$	3,748,177		$	3,834,097
Ratio of Expenses to Average Net Assets		0.21	%		0.22	%		0.21	%		0.21	%		0.22	%		0.12	%		0.12	%		0.13	%		0.12	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.21	%		0.22	%		0.22	%		0.22	%		0.22	%		0.12	%		0.12	%		0.13	%		0.12	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		4.36	%		3.50	%		2.77	%		3.92	%		3.21	%		2.56	%		2.11	%		2.13	%		2.32	%		1.90	%
Portfolio Turnover Rate		15	%		9	%		12	%		16	%		20	%		11	%		11	%		5	%		12	%		17	%

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

See accompanying Notes to Financial Statements.

237

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FINANCIAL HIGHLIGHTS

	The Asia Pacific Small Company Series															The United Kingdom Small Company Series
	Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Year Ended Oct 31, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018
Total Return		(26.65	%)		38.31	%		0.14	%		5.27	%		(8.14	%)		(33.34	%)		51.93	%		(14.87	%)		10.67	%		(8.90	%)
Net Assets, End of Year (thousands)	$	1,194,021		$	1,822,967		$	1,527,014		$	1,641,843		$	1,730,371		$	1,167,847		$	1,897,276		$	1,475,782		$	2,277,451		$	2,188,825
Ratio of Expenses to Average Net Assets		0.12	%		0.12	%		0.13	%		0.13	%		0.13	%		0.11	%		0.12	%		0.12	%		0.11	%		0.11	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.12	%		0.12	%		0.13	%		0.13	%		0.13	%		0.11	%		0.12	%		0.12	%		0.12	%		0.11	%
Ratio of Net Investment Income to Average Net Assets		4.23	%		3.42	%		4.21	%		4.11	%		3.96	%		4.07	%		2.27	%		2.38	%		3.43	%		3.23	%
Portfolio Turnover Rate		19	%		19	%		18	%		18	%		18	%		14	%		12	%		9	%		18	%		14	%

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

See accompanying Notes to Financial Statements.

238

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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,
	2022			2021			2020			2019			2018			2022			2021			2020			2019			2018
Total Return		(29.07	%)		51.24	%		(2.23	%)		8.43	%		(10.78	%)		(12.52	%)		59.72	%		6.02	%		1.00	%		(10.44	%)
Net Assets, End of Year (thousands)	$	4,346,563		$	6,539,105		$	4,601,945		$	5,607,495		$	5,422,260		$	1,215,060		$	1,451,408		$	970,883		$	1,148,615		$	1,146,811
Ratio of Expenses to Average Net Assets		0.13	%		0.12	%		0.12	%		0.12	%		0.12	%		0.11	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.13	%		0.12	%		0.12	%		0.13	%		0.12	%		0.11	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		2.85	%		2.11	%		2.15	%		2.74	%		2.51	%		3.00	%		1.90	%		2.08	%		2.37	%		2.11	%
Portfolio Turnover Rate		11	%		17	%		8	%		17	%		15	%		15	%		27	%		18	%		12	%		14	%

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

See accompanying Notes to Financial Statements.

239

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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,
	2022			2021			2020			2019			2018			2022			2021			2020			2019			2018
Total Return		(25.79	%)		22.22	%		2.67	%		11.40	%		(11.83	%)		(22.31	%)		36.03	%		1.25	%		13.47	%		(16.06	%)
Net Assets, End of Year (thousands)	$	3,992,428		$	6,309,330		$	5,724,325		$	6,034,162		$	5,469,649		$	3,520,919		$	5,128,719		$	4,906,954		$	6,430,367		$	6,306,302
Ratio of Expenses to Average Net Assets		0.15	%		0.15	%		0.13	%		0.14	%		0.14	%		0.26	%		0.27	%		0.25	%		0.24	%		0.24	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.16	%		0.15	%		0.14	%		0.15	%		0.14	%		0.26	%		0.27	%		0.26	%		0.25	%		0.24	%
Ratio of Net Investment Income to Average Net Assets		3.26	%		2.42	%		2.38	%		3.04	%		2.40	%		2.91	%		2.47	%		2.64	%		2.90	%		2.77	%
Portfolio Turnover Rate		10	%		19	%		22	%		9	%		12	%		12	%		16	%		18	%		12	%		12	%

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

See accompanying Notes to Financial Statements.

240

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 “1940 Act”), The Trust consists of ten operational portfolios, eight of which, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are included in this section of the report (collectively, the “Series”). The remaining operational portfolios are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

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

1. Security Valuation: The Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Series value the securities 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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The Series will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time that the net asset values of the Series are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series price their shares at the close of the NYSE, the Series will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the Series’ foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, Dimensional Fund Advisors LP has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When a Series uses fair value pricing, the values assigned to the Series’ foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

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

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

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

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series, whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Series enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series do not isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

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

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

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The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of Trustees of the Trust; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

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

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

The Emerging Markets Series and The Emerging Markets Small Cap Series are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Series. For the year ended October 31, 2022, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

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

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Earned Income Credit:

Additionally, the Series have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Series’ custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Series’ net assets. During the year ended October 31, 2022, expenses reduced were as follows (amounts in thousands):

	Fees Paid Indirectly
The DFA International Value Series	$	373
The Japanese Small Company Series		23
The Asia Pacific Small Company Series		5
The United Kingdom Small Company Series		12
The Continental Small Company Series		29
The Canadian Small Company Series		9
The Emerging Markets Series		124
The Emerging Markets Small Cap Series		98

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, 2022, the total related amounts paid by the Trust to the CCO were $28 (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, 2022, 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	$	132
The Japanese Small Company Series		35
The Asia Pacific Small Company Series		16
The United Kingdom Small Company Series		23
The Continental Small Company Series		25
The Canadian Small Company Series		7
The Emerging Markets Series		54
The Emerging Markets Small Cap Series		48

E. Purchases and Sales of Securities:

For the year ended October 31, 2022, 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	$	2,114,747	$	1,740,164
The Japanese Small Company Series	$	321,472	$	359,611
The Asia Pacific Small Company Series	$	291,315	$	329,566
The United Kingdom Small Company Series	$	224,491	$	206,460
The Continental Small Company Series	$	577,020	$	760,337
The Canadian Small Company Series	$	206,110	$	202,538

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	Purchases		Sales
The Emerging Markets Series	$	518,861	$	1,244,835
The Emerging Markets Small Cap Series	$	533,168	$	954,259

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

For the year ended October 31, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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

	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
The DFA International Value Series
The DFA Short Term Investment Fund	$	495,353	$	4,952,552	$	4,964,808	$	36		$	(280	)	$	482,853		41,766	$	5,866		—
Total	$	495,353	$	4,952,552	$	4,964,808	$	36		$	(280	)	$	482,853		41,766	$	5,866		—
The Japanese Small Company Series
The DFA Short Term Investment Fund	$	61,490	$	427,535	$	433,440	$	(8	)	$	(32	)	$	55,545		4,805	$	583		—
Total	$	61,490	$	427,535	$	433,440	$	(8	)	$	(32	)	$	55,545		4,805	$	583		—
The Asia Pacific Small Company Series
The DFA Short Term Investment Fund	$	40,607	$	119,787	$	143,067	$	(10	)	$	(12	)	$	17,305		1,497	$	213		—
Total	$	40,607	$	119,787	$	143,067	$	(10	)	$	(12	)	$	17,305		1,497	$	213		—
The United Kingdom Small Company Series
The DFA Short Term Investment Fund	$	15,631	$	98,187	$	84,336	$	(3	)	$	(11	)	$	29,468		2,549	$	151		—
Total	$	15,631	$	98,187	$	84,336	$	(3	)	$	(11	)	$	29,468		2,549	$	151		—
The Continental Small Company Series
The DFA Short Term Investment Fund	$	297,271	$	1,289,178	$	1,329,740	$	(59	)	$	(130	)	$	256,520		22,188	$	3,144		—
Total	$	297,271	$	1,289,178	$	1,329,740	$	(59	)	$	(130	)	$	256,520		22,188	$	3,144		—
The Canadian Small Company Series
The DFA Short Term Investment Fund	$	276,415	$	770,364	$	846,890	$	(66	)	$	(101	)	$	199,722		17,275	$	2,371		—
Total	$	276,415	$	770,364	$	846,890	$	(66	)	$	(101	)	$	199,722		17,275	$	2,371		—

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	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
The Emerging Markets Series
The DFA Short Term Investment Fund	$	107,885	$	645,325	$	646,395	$	(29	)	$	(47	)	$	106,739		9,233	$	921		—
Total	$	107,885	$	645,325	$	646,395	$	(29	)	$	(47	)	$	106,739		9,233	$	921		—
The Emerging Markets Small Cap Series
The DFA Short Term Investment Fund	$	143,180	$	360,713	$	437,862	$	(18	)	$	(41	)	$	65,972		5,706	$	752		—
Total	$	143,180	$	360,713	$	437,862	$	(18	)	$	(41	)	$	65,972		5,706	$	752		—

F. Federal Income Taxes:

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

As of October 31, 2022, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The DFA International Value Series	$	11,067,112	$	1,350,477	$	(1,657,729	)	$	(307,252	)
The Japanese Small Company Series		2,969,111		334,789		(755,354	)		(420,565	)
The Asia Pacific Small Company Series		1,584,563		177,560		(554,270	)		(376,710	)
The United Kingdom Small Company Series		1,439,003		187,762		(436,759	)		(248,997	)
The Continental Small Company Series		4,686,399		958,768		(1,075,569	)		(116,801	)
The Canadian Small Company Series		1,365,752		287,544		(240,639	)		46,905
The Emerging Markets Series		3,186,275		1,471,582		(586,954	)		884,628
The Emerging Markets Small Cap Series		3,797,243		964,553		(1,186,305	)		(221,752	)

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

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Management has analyzed the Series’ tax positions and has concluded that no additional provision for income tax is required in any Series’ financial statements. The Series are not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series’ federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

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G. Financial Instruments:

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

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

Series that have significant exposure to certain countries, such as The United Kingdom Small Company Series that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom’s (UK) exit from the EU (referred to as “Brexit”). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Series, 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, 2022 was as follows (amounts in thousands):

	Futures*
The DFA International Value Series	$	121,433
The Asia Pacific Small Company Series		1,325
The Canadian Small Company Series		734
The Emerging Markets Series		32,655
The Emerging Markets Small Cap Series		35,294

* Average Notional Value of futures contracts.

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The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of October 31, 2022 (amounts in thousands):

	Asset Derivatives Value
	Total Value at October 31, 2022			Equity Contracts *,(1)
The DFA International Value Series	$	5,518		$	5,518
The Emerging Markets Series		232			232
	Liability Derivatives Value
	Total Value at October 31, 2022			Equity Contracts *,(2)
The Emerging Markets Series	$	(2,381	)	$	(2,381	)
The Emerging Markets Small Cap Series		(3,181	)		(3,181	)

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

(2) Presented on Statements of Assets and Liabilities as 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, 2022 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
The DFA International Value Series	$	(16,735	)	$	(16,735	)
The Asia Pacific Small Company Series		349			349	*
The Canadian Small Company Series		27			27	*
The Emerging Markets Series		(15,196	)		(15,196	)
The Emerging Markets Small Cap Series		(6,942	)		(6,942	)

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
The DFA International Value Series	$	2,503		$	2,503
The Emerging Markets Series		(1,197	)		(1,197	)
The Emerging Markets Small Cap Series		(3,235	)		(3,235	)

(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, 2022, there were no futures contracts outstanding. During the year ended October 31, 2022, the Series had limited activity in futures contracts.

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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 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

For the year ended October 31, 2022, borrowings by the following Series under the lines of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding*		Interest Expense Incurred		Maximum Amount Borrowed During the Period		Outstanding Borrowings as of 10/31/2022
The DFA International Value Series		1.84	%	$	6,495		20	$	6	$	34,971		—
The Japanese Small Company Series		1.72	%		1,701		18		2		11,233		—
The Asia Pacific Small Company Series		2.09	%		862		48		3		15,068		—
The United Kingdom Small Company Series		1.03	%		913		27		1		3,521		—
The Continental Small Company Series		2.20	%		3,006		30		7		11,952		—
The Canadian Small Company Series		1.04	%		89		14		—		428		—
The Emerging Markets Series		1.80	%		6,505		25		5		16,316		—
The Emerging Markets Small Cap Series		1.83	%		2,622		6		1		8,774		—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022, that the Series’ available line of credit was used.

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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, 2022, activity by the Series 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 10/31/2022
The DFA International Value Series		Borrower		0.44	%	$	49,829		1	$	1	$	49,829		—
The Emerging Markets Series		Borrower		0.69	%		123,189		6		14		147,127		—

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022 that the Series utilized the interfund lending program.

I. Affiliated Trades:

Cross trades for the year ended October 31, 2022, if any, were executed by the Series pursuant to procedures adopted by the Board of Trustees of the Trust to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Trust.

For the year ended October 31, 2022, 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	$	225,947	$	77,938	$	(18,829	)
The Japanese Small Company Series		42,494		31,791		(2,373	)
The Asia Pacific Small Company Series		14,105		30,116		2,231
The United Kingdom Small Company Series		32,010		19,557		3,055
The Continental Small Company Series		31,836		62,380		12,864
The Canadian Small Company Series		24,172		33,685		10,646
The Emerging Markets Series		6,156		2,559		(198	)
The Emerging Markets Small Cap Series		116		11,364		(397	)

250

J. Securities Lending:

As of October 31, 2022, 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	$	74,049
The Japanese Small Company Series		86,329
The Asia Pacific Small Company Series		102,694
The Continental Small Company Series		217
The Canadian Small Company Series		22,524
The Emerging Markets Series		84,911
The Emerging Markets Small Cap Series		227,524

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.

251

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, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
The DFA International Value Series Common Stocks	$	486,408		—		—		—	$	486,408
The Japanese Small Company Series Common Stocks		56,630		—		—		—		56,630
The Asia Pacific Small Company Series Common Stocks		17,192		—		—		—		17,192
The United Kingdom Small Company Series Common Stocks		29,920		—		—		—		29,920
The Continental Small Company Series Common Stocks, Rights/Warrants		267,759		—		—		—		267,759
The Canadian Small Company Series Common Stocks, Rights/Warrants		222,227		—		—		—		222,227
The Emerging Markets Series Common Stocks		91,531		—		—		—		91,531
The Emerging Markets Small Cap Series Common Stocks		67,037		—		—		—		67,037

K. Indemnitees; Contractual Obligations:

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

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

L. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs 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 Series’ 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 Series could enter, eliminates the asset segregation framework previously used by the Series to comply with Section 18 of the

252

1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Series began complying with the Valuation Rule on August 1, 2022.

M. Other:

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

N. Subsequent Event Evaluations:

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

253

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, 2022, the related statements of operations for the year ended October 31, 2022, the statements of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (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, 2022, 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, 2022, and each of the financial highlights for each of the five years in the period ended October 31, 2022 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.

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, 2022 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

254

DIMENSIONAL EMERGING MARKETS VALUE FUND

PERFORMANCE CHARTS

(Unaudited)

Dimensional Emerging Markets Value Fund vs.

MSCI Emerging Markets Index (net dividends),

MSCI Emerging Markets Value Index (net dividends)

October 31, 2012-October 31, 2022

255

MANAGEMENT’S DISCUSSION AND ANALYSIS

International Equity Market Review 12 Months Ended October 31, 2022

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

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI World ex USA Index		-22.04	%
MSCI World ex USA Mid Cap Index		-27.57	%
MSCI World ex USA Small Cap Index		-29.13	%
MSCI World ex USA Value Index		-15.27	%
MSCI World ex USA Growth Index		-28.78	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against all non-U.S. developed markets currencies. Overall, currency movements had a negative impact on the U.S. dollar-denominated returns of developed markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Foreign Developed Markets by Market Cap	Local Return			Return in U.S. Dollars
Japan		-1.81	%		-24.67	%
United Kingdom		4.27	%		-12.42	%
Canada		-5.29	%		-13.94	%
France		-6.77	%		-20.38	%
Switzerland		-11.30	%		-19.01	%
Australia		-0.54	%		-15.30	%
Germany		-21.22	%		-32.72	%
Netherlands		-28.51	%		-38.71	%
Sweden		-16.17	%		-34.85	%
Denmark		-7.88	%		-21.38	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

Emerging markets had negative performance for the period and 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.

256

Total Return for 12 Months Ended October 31, 2022

	Return in U.S. Dollars
MSCI Emerging Markets Index		-31.03	%
MSCI Emerging Markets Mid Cap Index		-24.80	%
MSCI Emerging Markets Small Cap Index		-23.42	%
MSCI Emerging Markets Value Index		-25.21	%
MSCI Emerging Markets Growth Index		-36.11	%

For the 12 Months Ended October 31, 2022, the U.S. dollar appreciated against most emerging markets currencies and depreciated against others. Overall, currency movements had a negative impact on the U.S. dollar denominated returns of emerging markets.

Total Return for 12 Months Ended October 31, 2022

Ten Largest Emerging Markets by Market Cap	Local Return			Return in U.S. Dollars
China		-46.31	%		-47.90	%
India		2.93	%		-6.89	%
Taiwan		-24.11	%		-34.50	%
Korea		-19.88	%		-34.28	%
Brazil		15.95	%		24.57	%
Saudi Arabia		2.18	%		2.00	%
South Africa		0.77	%		-16.66	%
Mexico		1.99	%		5.56	%
Indonesia		16.58	%		5.89	%
Thailand		4.97	%		-8.48	%

Source: Returns are of MSCI standard indices net of foreign withholding taxes on dividends. Copyright MSCI 2022, all rights reserved.

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, 2022, these differences generally detracted from non-US developed markets Portfolios’ relative performance and were not material to emerging markets Portfolios’ relative performance.

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, 2022, the Fund held approximately 3,360 securities in 21 eligible emerging markets. Average cash exposure throughout the year was less than 1% of the Fund’s assets.

257

For the 12 months ended October 31, 2022, total returns were -19.27% for the Fund, -25.21% for the MSCI Emerging Markets Value Index (net dividends), and -31.03% for the MSCI Emerging Markets Index (net dividends). As of February 28, 2022, the Fund changed its benchmark from the MSCI Emerging Markets Index (net dividends) to the MSCI Emerging Markets Value Index (net dividends) because this index better reflects the universe of securities in which the Master Fund invests. The Fund’s focus on low relative price (value) stocks contributed positively to performance relative to the benchmarks, as value stocks outperformed high relative price (growth) stocks in emerging markets. At the country level, the Fund’s lesser allocation to Russia contributed positively to relative performance, as Russia underperformed the overall benchmark.

258

DIMENSIONAL EMERGING MARKETS VALUE FUND

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

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

Actual Fund Return

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

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

Hypothetical Example for Comparison Purposes

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

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

259

DISCLOSURE OF FUND EXPENSES

CONTINUED

Six Months Ended October 31, 2022

EXPENSE TABLE

	Beginning Account Value 05/01/22		Ending Account Value 10/31/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Dimensional Emerging Markets Value Fund
Actual Fund Return Institutional Class Shares	$	1,000.00	$	837.60		0.15	%	$	0.69
Hypothetical 5% Annual Return Institutional Class Shares	$	1,000.00	$	1,024.45		0.15	%	$	0.77

(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.

260

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 28, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; by visiting the SEC’s website at http://www.sec.gov; or by visiting the SEC’s Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

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

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

PORTFOLIO HOLDINGS

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

Dimensional Emerging Markets Value Fund

Communication Services	2.6	%
Consumer Discretionary	8.4	%
Consumer Staples	3.2	%
Energy	11.2	%
Financials	30.3	%
Health Care	2.7	%
Industrials	9.4	%
Information Technology	11.5	%
Materials	15.0	%
Real Estate	4.2	%
Utilities	1.5	%
	100.0	%

261

DIMENSIONAL EMERGING MARKETS VALUE FUND

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2022

	Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.2%)
BRAZIL — (4.4%)
Petroleo Brasileiro SA		10,301,883	$	66,332,519		0.7	%
Petroleo Brasileiro SA, Sponsored ADR		10,372,552		119,388,074		1.2	%
Petroleo Brasileiro SA, Sponsored ADR		4,446,951		57,009,912		0.6	%
Other Securities				197,601,271		2.0	%
TOTAL BRAZIL				440,331,776		4.5	%
CHILE — (0.5%)
Other Securities				53,080,525		0.5	%
CHINA — (24.6%)
*   Alibaba Group Holding Ltd.		8,685,000		67,525,064		0.7	%
*   Baidu, Inc., Sponsored ADR		714,105		54,679,020		0.6	%
Bank of China Ltd., Class H		270,116,817		86,998,458		0.9	%
China Construction Bank Corp., Class H		437,755,101		232,311,487		2.4	%
China Merchants Bank Co. Ltd., Class H		15,432,500		50,524,458		0.5	%
China Overseas Land & Investment Ltd.		19,311,000		36,901,751		0.4	%
#   China Resources Land Ltd.		17,288,000		54,090,402		0.6	%
China Shenhua Energy Co. Ltd., Class H		15,790,500		41,479,393		0.4	%
Industrial & Commercial Bank of China Ltd., Class H		221,136,996		96,010,020		1.0	%
PetroChina Co. Ltd., Class H		107,982,000		41,306,030		0.4	%
Ping An Insurance Group Co. of China Ltd., Class H		27,792,500		111,264,230		1.2	%
#*   Trip.com Group Ltd., ADR		1,678,716		37,989,343		0.4	%
*W  Xiaomi Corp., Class B		30,268,800		33,994,057		0.4	%
Other Securities				1,502,862,583		15.2	%
TOTAL CHINA				2,447,936,296		25.1	%
COLOMBIA — (0.1%)
Other Securities				4,556,575		0.1	%
CZECH REPUBLIC — (0.1%)
Other Securities				12,356,491		0.1	%
GREECE — (0.3%)
Other Securities				30,892,405		0.3	%
HONG KONG — (0.0%)
Other Securities				425,561		0.0	%
HUNGARY — (0.2%)
Other Securities				19,035,517		0.2	%
INDIA — (18.2%)
Axis Bank Ltd.		9,710,222		106,486,929		1.1	%
Hindalco Industries Ltd.		8,603,538		42,133,791		0.4	%
Housing Development Finance Corp. Ltd.		2,568,550		76,802,678		0.8	%
ICICI Bank Ltd.		864,565		9,506,718		0.1	%
#   ICICI Bank Ltd., Sponsored ADR		4,024,863		88,707,978		0.9	%
JSW Steel Ltd.		4,657,007		37,969,068		0.4	%
Larsen & Toubro Ltd.		2,418,042		59,445,528		0.6	%
Mahindra & Mahindra Ltd.		3,949,734		64,525,865		0.7	%
Reliance Industries Ltd.		11,583,938		356,910,040		3.7	%
State Bank of India		7,219,632		50,110,773		0.5	%
Sun Pharmaceutical Industries Ltd.		2,629,464		32,331,405		0.3	%

262

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
*   Tata Motors Ltd.		7,653,556	$	38,264,438		0.4	%
Other Securities				843,658,113		8.6	%
TOTAL INDIA				1,806,853,324		18.5	%
INDONESIA — (2.3%)
Other Securities				228,901,223		2.3	%
MALAYSIA — (2.0%)
Other Securities				195,613,000		2.0	%
MEXICO — (2.9%)
Grupo Financiero Banorte SAB de CV, Class O		5,909,135		48,103,995		0.5	%
Grupo Mexico SAB de CV, Class B		8,966,449		32,298,767		0.3	%
Other Securities				208,585,658		2.2	%
TOTAL MEXICO				288,988,420		3.0	%
PHILIPPINES — (1.0%)
Other Securities				96,366,514		1.0	%
POLAND — (0.6%)
Other Securities				61,964,407		0.6	%
QATAR — (0.7%)
Other Securities				71,921,044		0.7	%
SAUDI ARABIA — (4.2%)
Saudi Basic Industries Corp.		3,400,714		79,850,518		0.8	%
Saudi British Bank		3,218,956		37,287,035		0.4	%
Saudi National Bank		2,368,512		37,434,883		0.4	%
Other Securities				260,769,015		2.7	%
TOTAL SAUDI ARABIA				415,341,451		4.3	%
SOUTH AFRICA — (3.7%)
Absa Group Ltd.		3,114,038		33,816,033		0.4	%
Impala Platinum Holdings Ltd.		3,454,876		35,373,305		0.4	%
Standard Bank Group Ltd.		4,288,338		40,032,656		0.4	%
Other Securities				254,486,732		2.5	%
TOTAL SOUTH AFRICA				363,708,726		3.7	%
SOUTH KOREA — (11.5%)
Hana Financial Group, Inc.		1,199,113		34,667,994		0.4	%
#   Hyundai Motor Co.		371,214		42,778,130		0.5	%
KB Financial Group, Inc., ADR		2,132,213		71,514,424		0.7	%
Kia Corp.		1,032,241		47,969,051		0.5	%
#   POSCO Holdings, Inc., Sponsored ADR		903,713		39,203,070		0.4	%
#   Samsung Electronics Co. Ltd.		2,272,366		94,575,472		1.0	%
SK Hynix, Inc.		1,932,360		111,867,237		1.2	%
Other Securities				700,977,051		7.0	%
TOTAL SOUTH KOREA				1,143,552,429		11.7	%
TAIWAN — (15.5%)
#   Cathay Financial Holding Co. Ltd.		37,255,459		43,600,333		0.5	%
#   China Steel Corp.		58,950,320		49,071,448		0.5	%
#   CTBC Financial Holding Co. Ltd.		74,971,073		47,361,988		0.5	%

263

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
TAIWAN — (Continued)
#   Fubon Financial Holding Co. Ltd.		34,744,681	$	54,880,391		0.6	%
Hon Hai Precision Industry Co. Ltd.		39,997,192		127,034,142		1.3	%
#   United Microelectronics Corp.		35,190,681		42,315,423		0.5	%
Other Securities				1,175,770,226		11.9	%
TOTAL TAIWAN				1,540,033,951		15.8	%
THAILAND — (2.3%)
PTT PCL		47,991,600		45,394,051		0.5	%
Other Securities				187,444,560		1.9	%
TOTAL THAILAND				232,838,611		2.4	%
TURKEY — (0.9%)
Other Securities				84,289,608		0.9	%
UNITED ARAB EMIRATES — (1.2%)
Emaar Properties PJSC		20,549,179		33,921,653		0.4	%
Other Securities				82,832,309		0.8	%
TOTAL UNITED ARAB EMIRATES				116,753,962		1.2	%
UNITED KINGDOM — (0.0%)
Other Security				17,465		0.0	%
TOTAL COMMON STOCKS				9,655,759,281		98.9	%
PREFERRED STOCKS — (0.7%)
BRAZIL — (0.7%)
Petroleo Brasileiro SA		4,448,873		25,674,359		0.3	%
Other Securities				45,204,967		0.4	%
TOTAL BRAZIL				70,879,326		0.7	%
COLOMBIA — (0.0%)
Other Securities				2,771,304		0.1	%
PHILIPPINES — (0.0%)
Other Security				542,610		0.0	%
SOUTH KOREA — (0.0%)
Other Security				65,707		0.0	%
TAIWAN — (0.0%)
Other Security				1,149,424		0.0	%
TOTAL PREFERRED STOCKS				75,408,371		0.8	%
RIGHTS/WARRANTS — (0.0%)
INDONESIA — (0.0%)
Other Security				2,645		0.0	%
MALAYSIA — (0.0%)
Other Security				5,746		0.0	%

264

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Shares		Value»		Percentage of Net Assets‡
TAIWAN — (0.0%)
Other Securities			$	57,510		0.0	%
TOTAL RIGHTS/WARRANTS				65,901		0.0	%
TOTAL INVESTMENT SECURITIES (Cost $10,057,793,951)				9,731,233,553
			Value†
SECURITIES LENDING COLLATERAL — (2.1%)
@§ The DFA Short Term Investment Fund		17,667,347		204,252,200		2.1	%
TOTAL INVESTMENTS—(100.0%) (Cost $10,262,128,455)			$	9,935,485,753		101.8	%

As of October 31, 2022, 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		12/16/22	$	31,358,076	$	27,742,000	$	(3,616,076	)
S&P 500® Emini Index		221		12/16/22		41,423,830		42,907,150		1,483,320
Total Futures Contracts					$	72,781,906	$	70,649,150	$	(2,132,756	)

Summary of the Fund’s investments as of October 31, 2022, 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	$	439,385,473	$	946,303		—	$	440,331,776
Chile		—		53,080,525		—		53,080,525
China		134,285,528		2,300,064,871	$	13,585,897		2,447,936,296
Colombia		4,546,580		9,995		—		4,556,575
Czech Republic		—		12,356,491		—		12,356,491
Greece		40,841		30,851,564		—		30,892,405
Hong Kong		—		425,561		—		425,561
Hungary		—		19,035,517		—		19,035,517
India		97,336,595		1,709,490,833		25,896		1,806,853,324
Indonesia		—		228,487,269		413,954		228,901,223
Malaysia		—		195,612,456		544		195,613,000
Mexico		281,171,954		7,816,466		—		288,988,420
Philippines		—		96,354,080		12,434		96,366,514
Poland		—		61,964,407		—		61,964,407
Qatar		—		71,921,044		—		71,921,044
Saudi Arabia		463,943		414,877,508		—		415,341,451
South Africa		41,737,706		321,971,020		—		363,708,726
South Korea		149,048,720		993,102,735		1,400,974		1,143,552,429
Taiwan		24,522,673		1,514,956,130		555,148		1,540,033,951
Thailand		225,292,169		7,546,442		—		232,838,611
Turkey		—		84,289,608		—		84,289,608
United Arab Emirates		—		116,753,962		—		116,753,962
United Kingdom		—		17,465		—		17,465

265

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Preferred Stocks
Brazil	$	70,808,225		$	71,101		—	$	70,879,326
Colombia		2,771,304			—		—		2,771,304
Philippines		—			542,610		—		542,610
South Korea		—			65,707		—		65,707
Taiwan		—			1,149,424		—		1,149,424
Rights/Warrants
Indonesia		—			2,645		—		2,645
Malaysia		—			5,746		—		5,746
Taiwan		—			57,510		—		57,510
Securities Lending Collateral		—			204,252,200		—		204,252,200
Futures Contracts**		(2,132,756	)		—		—		(2,132,756	)
TOTAL	$	1,469,278,955		$	8,448,079,195	$	15,994,847^	$	9,933,352,997

** 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.

266

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

(Amounts in thousands)

	Dimensional Emerging Markets Value Fund
ASSETS:
Investment Securities at Value (including $420,497 of securities on loan)*	$	9,731,234
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $204,335)		204,252
Segregated Cash for Futures Contracts		3,609
Foreign Currencies at Value		78,427
Cash		4,739
Receivables:
Investment Securities Sold		14,965
Dividends, Interest and Tax Reclaims		9,483
Securities Lending Income		964
Unrealized Gain on Foreign Currency Contracts		2
Total Assets		10,047,675
LIABILITIES:
Payables:
Upon Return of Securities Loaned		192,484
Investment Securities Purchased		12,090
Due to Advisor		850
Futures Margin Variation		378
Deferred Taxes Payable		66,350
Accrued Expenses and Other Liabilities		15,384
Total Liabilities		287,536
NET ASSETS	$	9,760,139
Investment Securities at Cost	$	10,057,793
Foreign Currencies at Cost	$	82,669

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

See accompanying Notes to Financial Statements.

267

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

(Amounts in thousands)

	Dimensional Emerging Markets Value Fund#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $63,558)	$	580,947
Income from Securities Lending		12,445
Total Investment Income		593,392
Expenses
Investment Management Fees		12,011
Accounting & Transfer Agent Fees		22
Custodian Fees		5,002
Shareholders’ Reports		23
Directors’/Trustees’ Fees & Expenses		54
Professional Fees		309
Other		944
Total Expenses		18,365
Fees Paid Indirectly (Note C)		313
Net Expenses		18,052
Net Investment Income (Loss)		575,340
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		390,078
Affiliated Investment Companies Shares Sold		6
Futures		(15,965	)
Foreign Currency Transactions		(11,657	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(3,314,774	)
Affiliated Investment Companies Shares		(133	)
Futures		(2,584	)
Translation of Foreign Currency-Denominated Amounts		(62	)
Net Realized and Unrealized Gain (Loss)		(2,955,091	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(2,379,751	)

** Net of foreign capital gain taxes withheld of $11,622.

# Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

268

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Dimensional Emerging
	Markets Value Fund
	Year			Year
	Ended			Ended
	Oct 31,			Oct 31,
	2022			2021
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	575,340		$	478,456
Net Realized Gain (Loss) on:
Investment Securities Sold*,**		390,078			651,370
Affiliated Investment Companies Shares Sold		6			(2	)
Futures		(15,965	)		40,443
Foreign Currency Transactions		(11,657	)		(4,609	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(3,314,774	)		3,305,387
Affiliated Investment Companies Shares		(133	)		(21	)
Futures		(2,584	)		840
Translation of Foreign Currency-Denominated Amounts		(62	)		12
Net Increase (Decrease) in Net Assets Resulting from Operations		(2,379,751	)		4,471,876
Transactions in Interest:
Contributions		611,182			568,216
Withdrawals		(1,940,997	)		(4,440,642	)
Net Increase (Decrease) from Transactions in Interest		(1,329,815	)		(3,872,426	)
Total Increase (Decrease) in Net Assets		(3,709,566	)		599,450
Net Assets
Beginning of Year		13,469,705			12,870,255
End of Year	$	9,760,139		$	13,469,705

* Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2022 of $11,622.

** Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $12,230.

See accompanying Notes to Financial Statements.

269

DIMENSIONAL EMERGING MARKETS VALUE FUND

FINANCIAL HIGHLIGHTS

	Dimensional Emerging Markets Value Fund
	Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended
	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2020			2019			2018
Total Return		(19.27	%)		35.69	%		(9.41	%)		5.24	%		(9.06	%)
Net Assets, End of Year (thousands)	$	9,760,139		$	13,469,705		$	12,870,255		$	17,426,097		$	16,684,907
Ratio of Expenses to Average Net Assets		0.15	%		0.14	%		0.14	%		0.13	%		0.14	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.15	%		0.14	%		0.14	%		0.15	%		0.14	%
Ratio of Net Investment Income to Average Net Assets		4.79	%		3.26	%		3.25	%		2.95	%		2.78	%
Portfolio Turnover Rate		14	%		14	%		20	%		14	%		13	%

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

See accompanying Notes to Financial Statements.

270

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 “1940 Act”). The Fund meets the definition as an investment company and follows the accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “Financial Services-Investment Companies.” The Fund consists of one series.

B. Significant Accounting Policies:

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

1. Security Valuation: The Fund uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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

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

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

Securities held by the Fund, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note.

Securities held by the Fund that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Fund values the securities 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 Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Fund is calculated. When fair value pricing is used, the prices of securities used by the Fund may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The Fund will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. 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

271

exchanges and the pricing of the Fund’s shares (at the close of the NYSE), the Fund will fair-value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the Fund’s foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, Dimensional Fund Advisors LP has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Fund uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

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

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

2. Foreign Currency Translation: Securities and other assets and liabilities of the Fund whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Fund enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Fund does not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized.

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

3. Deferred Compensation Plan: Each eligible Trustee of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the “Plan”). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors’/ Trustees’ Fees & Expenses. As of October 31, 2022, 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 $264 (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).

272

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, 2022, 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, 2022, expenses reduced were the following (amount in thousands):

	Fees Paid
	Indirectly
Dimensional Emerging Markets Value Fund	$	313

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, 2022, 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.

273

D. Purchases and Sales of Securities:

For the year ended October 31, 2022, 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	$	1,695,400	$	2,437,474

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

For the year ended October 31, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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

	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales		Change in Unrealized Appreciation/ Depreciation			Balance at October 31, 2022		Shares as of October 31, 2022		Dividend Income		Capital Gain Distributions
Dimensional Emerging Markets Value Fund
The DFA Short Term Investment Fund	$	226,407	$	1,504,449	$	1,526,477	$	6	$	(133	)	$	204,252		17,667	$	2,150		—
Total	$	226,407	$	1,504,449	$	1,526,477	$	6	$	(133	)	$	204,252		17,667	$	2,150		—

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.

As of October 31, 2022, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Dimensional Emerging Markets Value Fund	$	10,390,667	$	2,322,204	$	(2,777,385	)	$	(455,181	)

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

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.

274

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, 2022 was as follows (amount in thousands):

	Futures*
Dimensional Emerging Markets Value Fund	$	89,532

^*  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, 2022 (amounts in thousands):

	Asset Derivatives Value
	Total Value at October 31, 2022		Equity Contracts *,(1)
Dimensional Emerging Markets Value Fund	$	1,483	$	1,483

275

	Liability Derivatives Value
	Total Value at October 31, 2022		Equity Contracts*,(2)
Dimensional Emerging Markets Value Fund		$(3,616)		$(3,616)

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

(2) Presented on Statement of Assets and Liabilities as 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, 2022 (amounts in thousands):

	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
Dimensional Emerging Markets Value Fund	$	(15,965	)	$	(15,965	)

	Change in Unrealized Appreciation (Depreciation) on Derivatives
				Equity
	Total			Contracts (2)
Dimensional Emerging Markets Value Fund	$	(2,584	)	$	(2,584	)

(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 entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 6, 2022, with its domestic custodian bank. A line of credit with similar terms was in effect through April 6, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 5, 2023.

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, 2022. A line of credit with similar terms was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

276

For the year ended October 31, 2022, borrowings by the Fund 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 10/31/2022

Dimensional Emerging Markets Value Fund

0.83

%

$

216

2

—

$

216

—

^*  Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022, 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, 2022, activity by the Fund 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 10/31/2022

Dimensional Emerging Markets Value Fund

Borrower

0.44

%

$

103,598

3

$

4

$

103,598

—

^*  Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022 that the Fund utilized the interfund lending program.

H. Affiliated Trades:

Cross trades for the year ended October 31, 2022, if any, were executed by the Fund pursuant to procedures adopted by the Board of Trustees of the Fund to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Fund complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Fund.

For the year ended October 31, 2022, 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	$	6,942	$	11,967	$	3,149

277

I. Securities Lending:

As of October 31, 2022, 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	$	360,932

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

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

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of October 31, 2022 (amounts in thousands):

	Remaining Contractual Maturity of the Agreements As of October 31, 2022
	Overnight and				Between
	Continuous		<30 days		30 & 90 days		>90 days		Total
Securities Lending Transactions
Dimensional Emerging Markets Value Fund Common Stocks	$	192,484		—		—		—	$	192,484

278

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.

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

K. Recently Issued Accounting Standards and Regulations:

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs 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 Fund’s 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 Fund could enter, eliminates the asset segregation framework previously used by the Fund to comply with Section 18 of the 1940 Act, and requires 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 began complying with the Derivatives Rule on August 19, 2022.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the 1940 Act, 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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Fund began complying with the Valuation Rule on August 1, 2022.

L. Other:

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

M. 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.

279

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, 2022, the related statement of operations for the year ended October 31, 2022, the statement of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (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, 2022, 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, 2022 and the financial highlights for each of the five years in the period ended October 31, 2022 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.

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, 2022 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

280

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 four standing committees, an Audit Committee, a Nominating and Governance Committee (the “Nominating Committee”), a Mutual Funds-ETF Relations committee and an Investment Strategy Committee (the “Strategy Committee”). The Audit Committee is composed of Reena Aggarwal, George M. Constantinides, Francis A. Longstaff, 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 three Audit Committee meetings held during the fiscal year ended October 31, 2022.

Each Board’s Nominating Committee is composed of Reena Aggarwal, George M. Constantinides, Douglas W. Diamond, Francis A. Longstaff, and Heather E. Tookes. 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 works closely with the other disinterested Trustees to evaluate a candidate’s qualification for Board membership and the independence of such candidate from the Advisor and other principal service providers. The Nominating Committee also periodically reviews the Board governance practices, policies, procedures, and operations; reviews the membership of each committee of the Board; reviews and makes recommendations regarding the Independent Trustees’ compensation; oversees the annual self-assessment of the Board and each committee; considers and recommends to the Board, the selection of “independent legal counsel” (as that term is defined in the 1940 Act); and monitors and considers corporate governance issues that may arise from time to time. There were three Nominating Committee meetings held during the fiscal year ended October 31, 2022.

Each Board’s Strategy Committee is composed of Gerard K. O’Reilly, Douglas W. Diamond, Darrell Duffie, and Heather E. Tookes. 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 four Strategy Committee meetings held during the fiscal year ended October 31, 2022.

The Mutual Funds-ETF Relations Committee is comprised of George M. Constantinides, Darrell Duffie, and Ingrid M. Werner. At the request of the Board, the Mutual Funds-ETF Relations Committee (i) reviews any newly-proposed expenses to be borne by the ETFs in the Dimensional ETF Trust (“Dimensional ETFs”), portfolios in the DFA mutual fund complex (“Fund Complex”) or changes to the existing expense allocations among the Dimensional ETFs, portfolios in the Fund Complex, and the Advisor, (ii) considers any conflicts of interest that may arise in the operations of the Dimensional ETFs and the portfolios in the Fund Complex, (iii) reviews and considers relevant information relating to the operations of the Dimensional ETFs, and (iv) considers asset flows and performance differences between the similarly managed mutual funds and ETFs of the Funds. There were two Mutual Funds-ETF Relations Committee meetings held for the Trust during the fiscal year ended October 31, 2022.

281

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.

282

Disinterested Directors/Trustees

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
Reena Aggarwal c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1957	Director/ Trustee	Since December 2021	Robert E. McDonough Professor of Business Administration and Finance, McDonough School of Business, Georgetown University (since 2003); Director, Georgetown Center for Financial Markets and Policy (since 2010); and Vice Provost of Faculty (2016-2020), Georgetown University.	147 portfolios in 5 investment companies	Director, Cohen & Steers (asset management firm) (since 2017) and Director, Nuveen Churchill Direct Lending (private business development company) (since 2019). Formerly, Director, New York Life Investment Management IndexIQ (2008- 2021) (22 funds); Director, REAN Cloud (technology) (2015-2018); Director, FBR & Co. (investment banking) (2011- 2017); and Director, Brightwood Capital Advisors, L.P. (private equity) (2013- 2020).
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).	147 portfolios in 5 investment companies	None

283

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
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 1979). Formerly, Visiting Scholar, Federal Reserve Bank of Richmond (1990-2019).	147 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	Adams Distinguished Professor of Management and Professor of Finance, Stanford University (since 1984) and Director, TNB Inc. (bank) (since 2020).	147 portfolios in 5 investment companies	Formerly, Director, Moody’s Corporation (financial information and information technology) (2008- 2018).
Francis A. Longstaff c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1956	Director/ Trustee	Since December 2021	Allstate Professor of Insurance and Finance, UCLA, Anderson School of Management; Consultant, NERA Economic Consulting (since 2018); Consultant, Charles River Associates (economic consulting firm) (since 2013); Consultant, Simplex Holdings, Inc. (technology firm) (since 1998); and Expert Witness, Analysis Group (economic consulting firm) (since 2012).	147 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).	147 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 (2 investment companies within the fund complex) (13 portfolios) (since 2009).
Heather E. Tookes Yale School of Management 165 Whitney Avenue New Haven, CT 06511 1974	Director/ Trustee	Since December 2021	Professor of Finance, Yale School of Management (since 2004).	147 portfolios in 5 investment companies	Director, Payoneer Inc. (digital payments) (since 2021); Director, Ariel Investments LLC (since 2017); and Director, Community Foundation of Greater New Haven (community foundation and grant-making) (since 2022). Formerly, Director, KCG Holdings (trading company) (January 2017-July 2017).

284

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	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). 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). Formerly, Member, Academic Board, Mistra Financial Systems (organization funding academic research on environment, governance and climate/sustainability in finance) (2016-2021).	147 portfolios in 5 investment companies	Director, Fourth Swedish AP Fund (pension fund asset management) (since 2017).

285

Interested Directors/Trustees

The following interested Directors are described as such because each 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 Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
David P. Butler c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One, Austin, TX 78746 1964	Director Co-Chief Executive Officer	Director since December 2021 Co-Chief Executive Officer since 2017 (DFAIDG, DIG,DEM & DFAITC); 2020 (ETF Trust)	Co-Chief Executive Officer of Dimensional Emerging Markets Value Fund (“DEM”), DFAIDG, Dimensional Investment Group Inc. (“DIG”), The DFA Investment Trust Company (“DFAITC”), Dimensional Holdings Inc., Dimensional Fund Advisors LP, Dimensional Investment LLC, and DFA Securities LLC (collectively with DEM, DFAIDG, DIG and DFAITC, the “DFA Entities”) (since 2017), DFA Canada LLC (since 2018), Dimensional Holdings LLC (since 2017), and Dimensional ETF Trust (since 2020); Chief Executive Officer of Dimensional Fund Advisors Canada ULC (since 2018); Director (since 2017) of Dimensional Holdings Inc., Dimensional Fund Advisors Canada ULC, Dimensional Japan Ltd., Dimensional Advisors Ltd., Dimensional Fund Advisors Ltd., and DFA Australia Limited; Director and Co-Chief Executive Officer (since 2017) of Dimensional Cayman Commodity Fund I Ltd.; Chief Executive Officer of Dimensional Fund Advisors Canada ULC (since 2018); Head of Global Financial Advisor Services for Dimensional Fund Advisors LP (since 2007) and Dimensional Investment LLC (since 2017); Formerly, Vice President (2007 – 2017) of all the DFA Entities; Formerly, Head of Global Advisor Services for Dimensional Investment LLC (2011-2017).	147 portfolios in 5 investment companies	None
Gerard K. O’Reilly c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One, Austin, TX 78746 1976	Chairman and Director Co-Chief Executive Officer and Chief Investment Officer	Chairman and Director since December 2021 Co-Chief Executive Officer and Chief Investment Officer since 2017 (DFAIDG, DIG, DEM & DFAITC);2020 (ETF Trust)	Co-Chief Executive Officer and Chief Investment Officer of the DFA Entities (since 2017) and Dimensional ETF Trust (since 2020); Co-Chief Executive Officer of Dimensional Canada LLC (since 2018); Chief Investment Officer of Dimensional Fund Advisors Canada ULC (since 2017); Director, Chief Investment Officer (since 2017) and Vice President (since 2014) of DFA Australia Limited; Chief Investment Officer (since 2018) 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 Fund II plc (since 2014), Dimensional Holdings Inc. (since 2017), Dimensional Advisors Ltd. (since 2017), and Dimensional Ireland Limited (since 2018). Formerly, Executive Vice President (2017) and Co-Chief Investment Officer (2014 – 2017) of the DFA Entities; Formerly, Vice President (2007 – 2017) of the DFA Entities; Formerly, Vice President and Co-Chief Investment Officer (2014 – 2017) of Dimensional Fund Advisors Canada ULC. Formerly, Director of Dimensional Fund Advisors Pte. Ltd. (2017-2018) and Dimensional Fund Advisors Ltd. (2018-2021).	147 portfolios in 5 investment companies	None

¹  Each Director/Trustee holds office for an indefinite term until his or her successor is elected and qualified.

286

²  Each Director/Trustee is a director or trustee of each of the five registered investment companies within the DFA Fund Complex, which include: the Fund; DIG; DFAITC; DEM; and Dimensional 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.

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 1967	Vice President and Assistant Secretary	Since 2001	Vice President and Assistant Secretary of •  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) •  Dimensional ETF Trust (since 2020) Director, Vice President and Assistant Secretary (since 2003) of •  Dimensional Fund Advisors Canada ULC
Ryan P. Buechner 1982	Vice President and Assistant Secretary	Since 2019	Vice President and Assistant Secretary of •  DFAIDG, DIG, DFAITC and DEM (since 2019) •  Dimensional ETF Trust (since 2020) Vice President (since January 2018) of •  Dimensional Holdings Inc.

287

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•  Dimensional Fund Advisors LP •  Dimensional Investment LLC •  DFA Securities LLC
Stephen A. Clark 1972	Executive Vice President	Since 2017	Executive Vice President of •  all the DFA Entities (since 2017) •  Dimensional ETF Trust (since 2020) Director and Vice President (since 2016) of •  Dimensional Japan Ltd. Chairman (since 2018) of •  Dimensional Fund Advisors Canada ULC 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 Vice President of •  Dimensional Advisors Ltd. (since 2016) •  Dimensional Hong Kong Limited (since 2016) •  Dimensional Fund Advisors Pte. Ltd. (since 2019) Formerly, Director (2016-2021) of •  Dimensional Fund Advisors 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 (2019-2020) 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 1972	Chief Operating Officer	Since June 2021	Chief Operating Officer (since June 2021) of •  the DFA Fund Complex 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 Vice President (since 2020) of •  DFA Australia Limited •  Dimensional Advisors Ltd. •  Dimensional Fund Advisors Canada ULC •  Dimensional Fund Advisors Pte. Ltd. •  Dimensional Ireland Limited •  Dimensional Japan Ltd.

288

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			Formerly, Vice President, Chief Financial Officer, and Treasurer (June 2020- June 2021) of •  the DFA Fund Complex 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 1971	Vice President	Since June 2021	Vice President (since June 2021) of •  the DFA Fund Complex 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 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 Treasurer (2003 – 2017)of •  Lord Abbett Family of Funds
Eric Hall 1978	Vice President and Assistant Treasurer	Since June 2021	Vice President and Assistant Treasurer (since June 2021) of •  the DFA Fund Complex 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) of •  all the DFA Entities Vice President (since 2020) of •  Dimensional ETF Trust Vice President and Assistant Secretary (since 2010) of •  Dimensional Cayman Commodity Fund I Ltd. Formerly, Assistant Secretary (2017-2019) of •  all the DFA Entities
Joy Lopez 1971	Vice President and Assistant Treasurer	Vice President since 2015 and Assistant Treasurer since 2017	Vice President of •  all the DFA Entities (since 2015) •  Dimensional Fund Advisors Ltd. (since 2015) •  Dimensional ETF Trust (since 2020) •  DFA Australia Limited (since 2020) •  Dimensional Fund Advisors Canada ULC (since 2020) •  Dimensional Ireland Limited (since 2020)

289

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			Assistant Treasurer of •  DFAIDG, DIG, DFAITC and DEM (since 2017) •  Dimensional ETF Trust (since 2020)
Kenneth M. Manell 1972	Vice President	Since 2010	Vice President of •  all the DFA Entities (since 2010) •  Dimensional Cayman Commodity Fund I Ltd. (since 2010) •  Dimensional 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 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 1964	President and General Counsel	President since 2017 and General Counsel since 2001	President of
			•  DFAIDG, DIG, DFAITC and DEM (since 2017)
			•  Dimensional ETF Trust (since 2020)
			General Counsel of
			•  all the DFA Entities (since 2001)
			•  Dimensional Fund Advisors LP (since 2006)
			•  Dimensional Holdings Inc (since 2006)
			•  Dimensional Investment LLC (since 2009)
			•  DFA Canada LLC (since 2009)
			•  Dimensional ETF Trust (since 2020)
			Executive Vice President (since 2017) of
			•  Dimensional Fund Advisors LP
			•  Dimensional Holdings Inc.
			•  DFA Securities LLC
			•  Dimensional Investment LLC
			Secretary of
			•  Dimensional Fund Advisors LP (since 2006)
			•  Dimensional Holdings Inc. (since 2006)
			•  DFA Securities LLC (since 2006)
			•  Dimensional Investment LLC (since 2009)
			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)
			•  DFA Canada LLC (since 2009)
			•  Dimensional Cayman Commodity Fund I Ltd. (since 2010)
			•  Dimensional Japan Ltd. (since 2012)
			•  Dimensional Advisors Ltd (since 2014)
			•  Dimensional Fund Advisors Pte. Ltd. (since 2012)
			Vice President and Assistant Secretary (since 2012) of
			•  Dimensional Hong Kong Limited
			Director of
			•  Dimensional Australia Limited (since 2007)
			•  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 2018)

290

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			Formerly, Vice President and Secretary (2010 – 2014) of •  Dimensional SmartNest (US) LLC Formerly, Vice President (1997 – 2017) and Secretary (2000 – 2017) of •  DFAIDG, DIG, DFAITC and DEM
			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)
			Formerly, Director (2002 – 2021) of •  Dimensional Fund Advisors Ltd.
Selwyn J. Notelovitz 1961	Vice President	Since September 2021	Vice President (since September 2021) of •  the DFA Fund Complex
			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
Carolyn L. O 1974	Vice President and Secretary	Vice President since 2010 and Secretary since 2017	Vice President and Secretary of •  DFAIDG, DIG, DFAITC and DEM (since 2010 and 2017, respectively) •  Dimensional ETF Trust (since 2020)
			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)
			Assistant Secretary (since 2016) of •  DFA Securities LLC
Randy C. Olson 1980	Chief Compliance Officer	Since 2020	Chief Compliance Officer (since 2020) •  the DFA Fund Complex •  Vice President (since 2016) of •  DFA Securities LLC •  Dimensional Fund Advisors LP •  Dimensional Holdings Inc. •  Dimensional Investment LLC

291

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			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)
James J. Taylor 1983	Vice President and Assistant Treasurer	Since 2020	Vice President and Assistant Treasurer (since 2020) of •  the DFA Fund Complex Vice President •  Dimensional Holdings Inc. (since 2016) •  Dimensional Fund Advisors LP (since 2016) •  Dimensional Investment LLC (since 2016) •  DFA Securities LLC (since 2016) •  Dimensional Fund Advisors Canada ULC (since 2020)

1 Each officer holds office for an indefinite term at the pleasure of the Board of Directors and until his or her successor is elected and qualified.

292

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 https://www.dimensional.com/us-en/who-we-are/investment-stewardship and reflects the twelve-month period beginning July 1st and ending June 30th.

293

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, 2022. 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 2022 (e.g., IRS Form 1099-DIV) will be provided in early 2023. Shareholders should refer to these statements in preparing their calendar year 2022 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, 2022.

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	%		—			100	%		—		7	%		100	%		—			—
International Core Equity Portfolio		100	%		—			—			—		—		100	%		—			100	%		—		8	%		100	%		—			—
Global Small Company Portfolio		45	%		—			55	%		—		—		100	%		57	%		100	%		—		7	%		66	%		—			—
International Small Company Portfolio		46	%		11	%		43	%		—		—		100	%		—			100	%		—		10	%		100	%		1	%		100	%
Japanese Small Company Portfolio		42	%		7	%		51	%		—		—		100	%		—			100	%		—		20	%		100	%		—			100	%
Asia Pacific Small Company Portfolio		36	%		—			64	%		—		—		100	%		—			66	%		—		1	%		100	%		—			—
United Kingdom Small Company Portfolio		61	%		—			39	%		—		—		100	%		2	%		100	%		—		1	%		100	%		—			—
Continental Small Company Portfolio		55	%		9	%		36	%		—		—		100	%		—			100	%		—		15	%		100	%		—			100	%
DFA International Real Estate Securities Portfolio		100	%		—			—			—		—		100	%		—			—			—		—			—			—			—
DFA Global Real Estate Securities Portfolio		80	%		—			20	%		—		—		100	%		—			—			—		—			—			—			—
DFA International Small Cap Value Portfolio		82	%		10	%		8	%		—		—		100	%		—			100	%		—		11	%		100	%		—			100	%
International Vector Equity Portfolio		63	%		—			37	%		—		—		100	%		—			100	%		—		9	%		100	%		—			—
International High Relative Profitability Portfolio		78	%		8	%		14	%		—		—		100	%		—			100	%		—		7	%		100	%		—			100	%
World ex U.S. Value Portfolio		100	%		—			—			—		—		100	%		—			100	%		—		7	%		99	%		—			—
World ex U.S. Core Equity Portfolio		100	%		—			—			—		—		100	%		—			82	%		—		8	%		100	%		—			—
World ex U.S. Targeted Value Portfolio		36	%		—			64	%		—		—		100	%		—			100	%		—		11	%		100	%		—			—
World Core Equity Portfolio		73	%		—			27	%		—		—		100	%		43	%		94	%		—		—			32	%		—			—
Selectively Hedged Global Equity Portfolio		31	%		5	%		64	%		—		—		100	%		15	%		35	%		—		—			13	%		—			100	%

See accompanying Notes to Financial Statements.

294

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 Portfolio		42	%		—			58	%		—		—		100	%		—		56	%		—		6	%		84	%		—		—
Emerging Markets Small Cap Portfolio		59	%		13	%		28	%		—		—		100	%		—		53	%		—		8	%		64	%		—		100	%
Emerging Markets Value Portfolio		100	%		—			—			—		—		100	%		—		78	%		—		7	%		100	%		—		—
Emerging Markets Core Equity Portfolio		100	%		—			—			—		—		100	%		—		50	%		—		6	%		97	%		—		—
Emerging Markets Targeted Value Portfolio		32	%		18	%		50	%		—		—		100	%		—		72	%		—		10	%		100	%		—		100	%
Emerging Markets ex China Core Equity Portfolio		100	%		—			—			—		—		100	%		—		70	%		—		7	%		100	%		—		—
Dimensional Investment Group Inc.
DFA International Value Portfolio		96	%		4	%		—			—		—		100	%		—		96	%		—		8	%		100	%		—		100	%

(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 2022.

(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 2022.

(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 2022. 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 2022.

(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 2022.

See accompanying Notes to Financial Statements.

295

DFA103122-001AI 00281080

THE DFA SHORT TERM INVESTMENT FUND

ANNUAL REPORT

YEAR ENDED OCTOBER 31, 2022

TABLE OF CONTENTS

INVESTMENT SUMMARY	3
SCHEDULE OF PORTFOLIO HOLDINGS	4
SCHEDULE OF INVESTMENTS	5
STATEMENT OF ASSETS AND LIABILITIES	8
STATEMENT OF OPERATIONS	9
STATEMENTS OF CHANGES IN NET ASSETS	10
FINANCIAL HIGHLIGHTS	11
NOTES TO FINANCIAL STATEMENTS	12
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	18
SUPPLEMENTAL INFORMATION	19
FUND MANAGEMENT	21

THE DFA SHORT TERM INVESTMENT FUND

Investment Summary (Unaudited)

Average Annual Total Returns and 7-Day Yield as of 10/31/2022

	1 Year			5 Year			10 Year			Since Inception			7-Day Yield
The DFA Short Term Investment Fund		0.99	%		1.20	%		0.76	%		0.64	%		3.45	%
FTSE One-Month U.S. Treasury Bill Index		0.84	%		1.10	%		0.64	%		0.52	%		—

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted.

An investment in a money market fund is not insured or guaranteed by the FDIC or any other government agency.

Total return equals income return and assumes reinvestment of all net investment income and realized capital gain distributions. The total returns quoted do not reflect adjustments made to the enclosed financial statements in accordance with U.S. generally accepted accounting principles or the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Yields and returns fluctuate. The seven-day yield quotation more closely reflects current earnings of the Fund than the total return quotation.

3

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Portfolio Holdings

October 31, 2022

The following table indicates the allocation of investments among the asset classes in the Fund as of October 31, 2022:

Security Allocation	Percent of Investments
U.S. Treasury Obligations		26.7	%
Commercial Paper		25.4
Repurchase Agreements		20.9
Yankee Certificates of Deposit		16.3
U.S. Government Agency Securities		10.7
Total Investments		100.0	%

See accompanying Notes to Financial Statements.

4

THE DFA SHORT TERM INVESTMENT FUND    

Schedule of Investments     

October 31, 2022

Security Description	Rate	Maturity		Face Amount $		Fair Value $
COMMERCIAL PAPER - 25.4%
(r)++ANZ Banking Group, Ltd.	3.47% (SOFR + 42 bps)		12/19/22		150,000,000		150,019,061
(r)++ANZ Banking Group, Ltd.	3.37% (SOFR + 32 bps)		02/03/23		100,000,000		99,946,764
(r)++ANZ Banking Group, Ltd.	3.47% (SOFR + 42 bps)		05/05/23		50,000,000		49,953,430
(r)++ANZ Banking Group, Ltd.	3.66% (SOFR + 61 bps)		09/29/23		125,000,000		124,825,568
(y)++Archer-Daniels-Midland	3.10%		11/01/22		100,000,000		99,991,481
(y)++Archer-Daniels-Midland	3.08%		11/02/22		21,350,000		21,346,283
(r)++Canadian Imperial Bank of Commerce	3.24% (SOFR + 19 bps)		11/04/22		75,000,000		75,001,062
(r)++Commonwealth Bank of Australia	3.45% (SOFR + 40 bps)		04/11/23		50,000,000		49,957,533
(r)++Commonwealth Bank of Australia	3.41% (SOFR + 36 bps)		04/28/23		100,000,000		99,862,200
(r)++Commonwealth Bank of Australia	3.71% (SOFR + 66 bps)		05/02/23		40,000,000		40,000,000
(r)++Commonwealth Bank of Australia	3.66% (SOFR + 61 bps)		09/25/23		150,000,000		149,792,709
(y)Credit Agricole CIB NY	3.04%		11/03/22		300,000,000		299,919,975
(y)++DNB NORBANK ASA	3.09%		11/07/22		300,000,000		299,804,118
(r)++DNB NORBANK ASA	3.50% (SOFR + 45 bps)		02/13/23		100,000,000		100,001,229
(y)++Hydro-Quebec	3.09%		11/01/22		39,800,000		39,796,654
(y)++Hydro-Quebec	3.09%		11/02/22		95,000,000		94,983,670
(y)++Hydro-Quebec	3.11%		11/04/22		150,000,000		149,946,183
(y)++Mizuho Bank, Ltd.	3.14%		11/02/22		300,000,000		299,947,851
(r)++National Australia Bank, Ltd.	3.46% (SOFR + 41 bps)		12/05/22		100,000,000		100,021,218
(r)++National Australia Bank, Ltd.	3.45% (SOFR + 40 bps)		01/20/23		125,000,000		124,973,726
(r)++National Australia Bank, Ltd.	3.55% (SOFR + 50 bps)		03/08/23		150,000,000		149,997,085
(r)++National Australia Bank, Ltd.	3.53% (SOFR + 48 bps)		06/01/23		50,000,000		49,949,732
(y)++Province of Quebec Canada	3.08%		11/03/22		125,000,000		124,967,697
(r)++Royal Bank of Canada NY	3.60% (SOFR + 55 bps)		05/26/23		35,000,000		34,970,094
(r)++Royal Bank of Canada NY	3.78% (SOFR + 73 bps)		08/08/23		100,000,000		99,978,685
(r)++Royal Bank of Canada NY	3.68% (SOFR + 63 bps)		09/29/23		125,000,000		124,802,950
(r)++Svenska Handelsbank, Inc.	3.44% (SOFR + 40 bps)		03/01/23		100,000,000		99,933,300
(r)++Svenska Handelsbank, Inc.	3.59% (SOFR + 55 bps)		06/08/23		55,000,000		54,950,380
(r)++Toronto Dominion Bank NY	3.49% (SOFR + 45 bps)		04/06/23		100,000,000		99,915,162
(r)++Toronto Dominion Bank NY	3.76% (SOFR + 72 bps)		08/10/23		100,000,000		99,961,401
(r)++United Overseas Bank, Ltd.	3.24% (SOFR + 20 bps)		11/28/22		100,000,000		100,003,940
(r)++United Overseas Bank, Ltd.	3.42% (SOFR + 38 bps)		03/01/23		50,000,000		49,963,300
(r)++United Overseas Bank, Ltd.	3.54% (SOFR + 50 bps)		03/16/23		40,000,000		39,999,296
(r)++United Overseas Bank, Ltd.	3.58% (SOFR + 54 bps)		04/19/23		100,000,000		99,998,344
(r)++Westpac Banking Corp.	3.54% (SOFR + 49 bps)		03/17/23		150,000,000		149,967,948
(r)++Westpac Banking Corp.	3.48% (SOFR + 43 bps)		03/29/23		70,000,000		69,965,750
(r)++Westpac Banking Corp.	3.45% (SOFR + 40 bps)		05/11/23		75,000,000		74,896,313
TOTAL COMMERCIAL PAPER (Cost $3,995,808,758)					3,996,150,000		3,994,312,092
YANKEE CERTIFICATES OF DEPOSIT - 16.3%
(r)Bank of Montreal Chicago	3.34% (SOFR + 29 bps)		02/28/23		125,000,000		124,886,729
(r)Bank of Montreal Chicago	3.45% (SOFR + 40 bps)		03/02/23		50,000,000		49,972,830
(r)Bank of Montreal Chicago	3.77% (SOFR + 72 bps)		03/15/23		150,000,000		150,097,108
(r)Bank of Montreal Chicago	3.69% (SOFR + 64 bps)		10/04/23		100,000,000		99,867,738
(r)Bank of Montreal Chicago	3.79% (SOFR + 74 bps)		10/13/23		35,000,000		34,984,669
(r)Bank of Nova Scotia	3.23% (SOFR + 18 bps)		11/09/22		100,000,000		100,001,993
(r)Bank of Nova Scotia	3.57% (SOFR + 52 bps)		02/09/23		100,000,000		100,009,008
(r)Bank of Nova Scotia	3.57% (SOFR + 52 bps)		03/14/23		50,000,000		49,996,745
(r)Bank of Nova Scotia	3.73% (SOFR + 68 bps)		05/22/23		85,000,000		84,985,100
(r)Bank of Nova Scotia	3.77% (SOFR + 72 bps)		05/26/23		25,000,000		25,000,533
(r)Bank of Nova Scotia	3.75% (SOFR + 70 bps)		08/10/23		100,000,000		99,949,861
(r)Canadian Imperial Bank of Commerce	3.48% (SOFR + 43 bps)		01/03/23		30,000,000		30,001,471
(r)Canadian Imperial Bank of Commerce	3.30% (SOFR + 25 bps)		02/06/23		50,000,000		49,969,227
(r)Canadian Imperial Bank of Commerce	3.45% (SOFR + 40 bps)		03/01/23		150,000,000		149,964,424
(r)Canadian Imperial Bank of Commerce	3.56% (SOFR + 51 bps)		03/13/23		40,000,000		40,003,868
(r)Canadian Imperial Bank of Commerce	3.60% (SOFR + 55 bps)		05/31/23		75,000,000		74,934,142
(r)Canadian Imperial Bank of Commerce	3.85% (SOFR + 80 bps)		10/20/23		50,000,000		50,001,314
(r)Commonwealth Bank of Australia	3.62% (SOFR + 57 bps)		11/21/22		50,000,000		50,012,425
(r)Nordea Bank AB	3.44% (SOFR + 40 bps)		12/02/22		76,000,000		76,015,775
(r)Nordea Bank AB	3.27% (SOFR + 23 bps)		02/15/23		75,000,000		74,935,488
(r)Nordea Bank AB	3.44% (SOFR + 39 bps)		03/24/23		75,000,000		74,945,170
(r)Nordea Bank AB	3.66% (SOFR + 61 bps)		04/20/23		40,000,000		39,995,767
(r)Nordea Bank AB	3.39% (SOFR + 34 bps)		04/27/23		100,000,000		99,850,197
(r)Nordea Bank AB	3.69% (SOFR + 64 bps)		04/28/23		90,000,000		89,996,218
(r)Royal Bank of Canada NY	3.75% (SOFR + 70 bps)		10/06/23		50,000,000		49,950,165
(r)Royal Bank of Canada NY	3.80% (SOFR + 75 bps)		10/19/23		60,000,000		59,963,153
(r)Skandinaviska Enskilda Banken AB	3.54% (SOFR + 50 bps)		03/17/23		150,000,000		149,948,698

See accompanying Notes to Financial Statements.

5

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments (continued)

October 31, 2022

Security Description	Rate	Maturity		Face Amount $		Fair Value $
YANKEE CERTIFICATES OF DEPOSIT - 16.3% (continued)
(r)Svenska Handelsbank, Inc.	3.29% (SOFR + 25 bps)		12/02/22		100,000,000		100,007,326
(r)Svenska Handelsbank, Inc.	3.47% (SOFR + 43 bps)		12/29/22		100,000,000		100,001,741
(r)Svenska Handelsbank, Inc.	3.69% (SOFR + 65 bps)		07/14/23		100,000,000		99,915,686
(r)Toronto Dominion Bank NY	3.43% (SOFR + 39 bps)		02/28/23		125,000,000		124,936,194
(r)Westpac Banking Corp.	3.28% (SOFR + 23 bps)		02/16/23		60,000,000		59,945,878
TOTAL YANKEE CERTIFICATES OF DEPOSIT (Cost $2,566,006,273)					2,566,000,000		2,565,046,641
U.S. GOVERNMENT AGENCY SECURITIES - 10.7%
(y)Federal Home Loan Bank	3.59%		12/14/22		150,000,000		149,293,840
(y)Federal Home Loan Bank	2.61%		11/14/22		200,000,000		199,732,212
(y)Federal Home Loan Bank	3.15%		11/16/22		122,000,000		121,811,538
(y)Federal Home Loan Bank	3.17%		11/18/22		150,000,000		149,737,416
(y)Federal Home Loan Bank	3.22%		11/23/22		200,000,000		199,539,064
(y)Federal Home Loan Bank	3.24%		11/25/22		350,000,000		349,135,332
(y)Federal Home Loan Bank	3.22%		12/01/22		250,000,000		249,192,225
(y)Federal Home Loan Bank	3.25%		12/06/22		193,625,000		192,895,303
(y)Federal Home Loan Bank	3.42%		12/13/22		75,000,000		74,660,954
TOTAL U.S. GOVERNMENT AGENCY SECURITIES (Cost $1,686,705,465)					1,690,625,000		1,685,997,884
REPURCHASE AGREEMENTS - 21.0%
Barclays Bank PLC (Purchased on 10/31/22, proceeds at maturity $300,025,417, collateralized by various U.S. Treasury Obligations, (0.88% - 2.75%), (6/30/26 - 5/31/29), market value $306,000,025)	3.05%		11/01/22		300,000,000		300,000,000
BofA Securities, Inc. (Purchased on 10/31/22, proceeds at maturity $100,008,333, collateralized by U.S. Treasury Obligation, (0.75%), (5/31/26), market value $102,000,065)	3.00%		11/01/22		100,000,000		100,000,000
Federal Reserve Bank NY (Purchased on 10/31/22, proceeds at maturity $1,250,105,903, collateralized by various U.S. Treasury Obligations, (0.25% - 1.63%), (4/15/24 - 8/15/29), market value $1,250,105,968)	3.05%		11/01/22		1,250,000,000		1,250,000,000
Goldman Sachs & Co. LLC (Purchased on 10/31/22, proceeds at maturity $450,037,250, collateralized by various U.S. Agency Obligations, (2.48% - 5.50%), (6/20/28 - 6/15/62), market value $459,000,000)	2.98%		11/01/22		450,000,000		450,000,000
J.P. Morgan Securities LLC (Purchased on 10/31/22, proceeds at maturity $350,029,167, collateralized by various U.S. Agency Obligations, (1.50% - 7.00%), (6/20/24 - 10/20/62), market value $357,000,001)	3.00%		11/01/22		350,000,000		350,000,000
Mizuho Securities USA LLC (Purchased on 10/31/22, proceeds at maturity $50,004,153, collateralized by various U.S. Treasury Obligations, (1.38% - 2.75%), (3/31/24 - 11/15/31), market value $51,000,095)	2.99%		11/01/22		50,000,000		50,000,000
RBC Dominion Securities Inc. (Purchased on 10/31/22, proceeds at maturity $450,037,500, collateralized by various U.S. Treasury Obligations, (0.13% - 6.88%), (2/15/23 - 5/15/32), market value $459,000,018)	3.00%		11/01/22		450,000,000		450,000,000
TD Securities (USA) LLC (Purchased on 10/31/22, proceeds at maturity $350,029,653, collateralized by various U.S. Agency Obligations, (3.00% - 4.50%), (8/20/51 - 9/20/52), market value $357,000,000)	3.05%		11/01/22		350,000,000		350,000,000
TOTAL REPURCHASE AGREEMENTS (Cost $3,300,000,000)					3,300,000,000		3,300,000,000
U.S. TREASURY OBLIGATIONS - 26.6%
(y)U.S. Treasury Bill	3.04%		11/22/22		200,000,000		199,614,222
(y)U.S. Treasury Bill	3.41%		12/06/22		250,000,000		249,144,748
(y)U.S. Treasury Bill	3.14%		12/20/22		500,000,000		497,478,655
(y)U.S. Treasury Bill	3.22%		12/22/22		750,000,000		746,123,205
(y)U.S. Treasury Bill	3.21%		12/27/22		400,000,000		397,621,556
(y)U.S. Treasury Bill	3.29%		12/29/22		650,000,000		645,999,614
(y)U.S. Treasury Bill	3.28%		01/03/23		650,000,000		645,666,125
(r)U.S. Treasury Note	4.07% (USBMMY3M + 3 bps)		07/31/23		50,000,000		50,040,630
(r)U.S. Treasury Note	4.03% (USBMMY3M - 2 bps)		01/31/24		200,000,000		199,965,020
(r)U.S. Treasury Note	3.97% (USBMMY3M - 8 bps)		04/30/24		375,000,000		374,428,028
(r)U.S. Treasury Note	4.08% (USBMMY3M + 4 bps)		07/31/24		200,000,000		199,788,456
TOTAL U.S. TREASURY OBLIGATIONS (Cost $4,209,066,381)					4,225,000,000		4,205,870,259
TOTAL INVESTMENTS (Cost $15,757,586,877) - 100.0%						$	15,751,226,876

See accompanying Notes to Financial Statements.

6

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments (concluded)

October 31, 2022

SOFR—Secured Overnight Financing Rate

USBMMY3M—U.S. Treasury 3 Month Bill Money Market Yield

++ Rule 144A, Section 4(2), or other security which is restricted as to resale to institutional investors. The Fund’s Advisor has deemed this security to be liquid based upon procedures approved by the Board of Directors/Trustees. The aggregate value of these securities at October 31, 2022 was $3,694,392,117 which represented 23.5% of the total investments of the Fund.

(r) The adjustable/variable rate shown is effective as of October 31, 2022.

(y) The rate shown is the effective yield.

See accompanying Notes to Financial Statements.

7

THE DFA SHORT TERM INVESTMENT FUND

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2022

ASSETS:
Investments, at value	$	12,451,226,876
Repurchase agreements, at value		3,300,000,000
Total Investments		15,751,226,876
Cash		905,876,135
Interest receivable		15,695,328
Receivable for capital shares issued		20,621,439
Prepaid expenses		347,647
Total Assets		16,693,767,425
LIABILITIES:
Payable for investments purchased		40,000,000
Distributions payable		45,429,125
Accrued expenses and other payables:
Investment Management Fees		666,468
CCO Fees		2,682
Insurance		167
Professional Fees		8,155
Transfer Agent Fees		21,897
Trustee Fees		447,313
Other Expenses		36,371
Total Liabilities		86,612,178
Net Assets	$	16,607,155,247
NET ASSETS CONSIST OF:
Capital	$	16,619,269,084
Total Distributable Earnings (Loss)		(12,113,837	)
NET ASSETS	$	16,607,155,247
Shares of Beneficial Interest (unlimited number of shares authorized, no par value)		1,436,432,929
Net Asset Value (offering and redemption price per share)	$	11.5614	(a)
Investments at cost	$	15,757,586,877

(a) Per share amounts may not recalculate due to rounding of net assets and shares outstanding.

See accompanying Notes to Financial Statements.

8

THE DFA SHORT TERM INVESTMENT FUND

STATEMENT OF OPERATIONS

FOR THE YEAR ENDED OCTOBER 31, 2022

INVESTMENT INCOME:
Interest	$	160,950,493
Total Investment Income		160,950,493
EXPENSES:
Investment Management Fees		6,963,624
Administration Fees		814,744
CCO Fees		6,864
Professional Fees		91,396
Transfer Agent Fees		132,465
Trustee Fees		120,742
Other Expenses		195,030
Total Expenses Before Fee Reductions		8,324,865
Fees Paid Indirectly		(814,744	)
Net Expenses		7,510,121
Net Investment Income		153,440,372
REALIZED/UNREALIZED GAINS (LOSSES) FROM INVESTMENTS
Net Realized Losses from Investment Transactions		(2,184,383	)
Net Change in Unrealized Depreciation on Investments		(6,543,539	)
Net Realized and Unrealized Losses from Investments		(8,727,922	)
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS	$	144,712,450

See accompanying Notes to Financial Statements.

9

THE DFA SHORT TERM INVESTMENT FUND

STATEMENTS OF CHANGES IN NET ASSETS

	For the Year Ended October 31, 2022			For the Year Ended October 31, 2021
FROM INVESTMENT ACTIVITIES:
OPERATIONS:
Net Investment Income	$	153,440,372		$	6,593,409
Net Realized Gains (Losses) from Investment Transactions		(2,184,383	)		252,518
Net Change in Unrealized Depreciation on Investments		(6,543,539	)		(1,702,800	)
Change in net assets resulting from operations		144,712,450			5,143,127
DISTRIBUTIONS TO SHAREHOLDERS:
Total Distributions Paid		(154,033,391	)		(6,593,409	)
Change in Net Assets from Distributions to Shareholders		(154,033,391	)		(6,593,409	)
CAPITAL TRANSACTIONS:
Proceeds from Shares Issued		99,547,811,990			74,119,274,573
Dividends Reinvested		27,320			845
Cost of Shares Redeemed		(94,934,520,328	)		(70,898,717,300	)
Change in Net Assets from Capital Transactions		4,613,318,982			3,220,558,118
Change in Net Assets		4,603,998,041			3,219,107,836
NET ASSETS:
Beginning of Period		12,003,157,206			8,784,049,370
End of Period	$	16,607,155,247		$	12,003,157,206
SHARES TRANSACTIONS:
Shares Issued		8,606,378,346			6,406,047,948
Reinvested		2,423			73
Shares Redeemed		(8,207,428,773	)		(6,127,703,226	)
Change in Shares		398,951,996			278,344,795

See accompanying Notes to Financial Statements.

10

THE DFA SHORT TERM INVESTMENT FUND

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each year)

	For the Year Ended October 31, 2022			For the Year Ended October 31, 2021			For the Year Ended October 31, 2020			For the Year Ended October 31, 2019			For the Year Ended October 31, 2018
NET ASSET VALUE, BEGINNING OF PERIOD	$	11.5695		$	11.5711		$	11.5707		$	11.5703		$	11.5715
INVESTMENT ACTIVITIES:
Net Investment Income		0.1229			0.0074			0.0888			0.2746			0.2041
Net Realized and Unrealized Gain (Losses) on Investments		(0.0077	)		(0.0017	)		0.0004			0.0004			(0.0012	)
Total from Investment Activities		0.1152			0.0057			0.0892			0.2750			0.2029
DISTRIBUTIONS TO SHAREHOLDERS FROM:
Net Investment Income		(0.1233	)		(0.0073	)		(0.0888	)		(0.2746	)		(0.2041	)
Net Realized Gains		—			—			—	(a)		—	(a)		—	(a)
TOTAL DISTRIBUTIONS		(0.1233	)		(0.0073	)		(0.0888	)		(0.2746	)		(0.2041	)
Net Asset Value, End of Period	$	11.5614		$	11.5695		$	11.5711		$	11.5707		$	11.5703
Total Return		0.99	%		0.05	%		0.77	%		2.41	%		1.77	%
SUPPLEMENTAL DATA:
NET ASSETS, END OF PERIOD (000’s)	$	16,607,155		$	12,003,157		$	8,784,049		$	16,363,197		$	20,777,502
Ratios to Average Net Assets:
Net Investment Income		1.10	%		0.06	%		0.88	%		2.38	%		1.74	%
Gross Expenses		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%
Net Expenses(b)		0.05	%		0.06	%		0.05	%		0.05	%		0.05	%

(a) Amount less than $0.005.

(b) Ratio as disclosed reflects the impact of custody fee credits earned by the fund on cash balances.

See accompanying Notes to Financial Statements.

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THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements

October 31, 2022

A. ORGANIZATION

The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940 (the “1940 Act”). The Trust consists of ten series, one of which, The DFA Short Term Investment Fund (the “Fund”), is included in this report. The remaining series are presented in separate reports. The Fund is an investment company and, accordingly, follows the accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “Financial Services – Investment Companies.”

The investment objective of the Fund is to seek to provide a high level of current income consistent with liquidity and the preservation of capital. As a money market fund, the Fund will pursue its investment objective by investing in U.S. dollar-denominated short-term debt securities that meet the strict standards established by the Board of Trustees of the Trust (the “Board”), which are in accordance with Rule 2a-7 under the 1940 Act.

The Board is responsible for establishing the Trust’s policies and for overseeing the management of the Trust. Under the Trust’s organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on prior experience, the Trust expects the risk of loss to be remote.

B. SIGNIFICANT ACCOUNTING POLICIES

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

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

• Level 1	–	Inputs are quoted prices in active markets for identical securities.
• Level 2	–	Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
• Level 3	–	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

The securities held by the Fund are valued at market value or fair value as described below. Debt securities are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources, including broker/dealers that typically handle the purchase and sale of such securities.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board. These valuations are generally categorized as Level 2 or Level 3 in the hierarchy.

A summary of the inputs used to value the Fund’s investments is disclosed previously in this Note. A valuation hierarchy table has been provided below. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

When determining the fair value of the Fund’s investments, additional consideration is given to those assets or liabilities that have experienced a decrease in the volume or level of activity or have identified circumstances that indicate that a transaction is not orderly.

12

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements - (continued)

October 31, 2022

The following table provides the fair value measurements of the Fund’s investments by level within the fair value hierarchy as of October 31, 2022:

	LEVEL 1 INVESTMENTS IN SECURITIES		LEVEL 2 INVESTMENTS IN SECURITIES		LEVEL 3 INVESTMENTS IN SECURITIES
THE DFA SHORT TERM INVESTMENT FUND
Commercial Paper	$	—	$	3,994,312,092	$	—
Yankee Certificates of Deposit		—		2,565,046,641		—
U.S. Government Agency Securities		—		1,685,997,884		—
Repurchase Agreements		—		3,300,000,000		—
U.S. Treasury Obligations		—		4,205,870,259		—
Total Investments	$	—	$	15,751,226,876	$	—

2. DEFERRED COMPENSATION PLAN – Each eligible trustee (each a “Trustee” and collectively, the “Trustees”) of the Trust may elect to participate in the Fee Deferral Plan for Independent Trustees (the “Plan”). Under the Plan effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Large Company Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; DFA Inflation-Protected Securities Portfolio and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Trustee Fees.

Each Trustee has the option to receive the distribution of proceeds in one of the following methods: lump sum; annual installments over a period of agreed-upon years; or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the “Notice”) to defer the receipt of the Trustee’s deferred compensation until a date specified by such Trustee in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board; and (ii) five years following the effective date of the Trustee’s first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee’s deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

At October 31, 2022, the Fund’s total liability of $447,313 for deferred compensation to Trustees is included in the “Trustee Fees” payable (a line item which also includes Trustee fees/expenses) on the Statement of Assets and Liabilities.

3. SECURITY TRANSACTIONS AND RELATED INCOME – Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. The Fund generally declares distributions from net investment income on a daily basis and pays dividends monthly. Any capital gains are distributed at least annually. The Fund does not expect to realize any long-term capital gains and losses. The Fund may distribute such income dividends and capital gains more frequently, if necessary, in order to reduce or eliminate federal excise or income taxes on the Fund. Interest income is recognized on an accrual basis and includes amortization or accretion of premia or discount using the straight-line method. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premia during the respective holding period.

4. ALLOCATIONS – The Trust bears all of its own fees, expenses, charges, assessments, taxes, and other costs incurred in its operation, whether incurred directly by the Trust or by Dimensional Fund Advisors LP, the Fund’s investment adviser (the “Advisor” or “DFA”), on its behalf. Expenses directly attributable to the Fund are charged to the Fund. Expenses not directly attributable to the Fund are allocated among the respective portfolios in the Trust on the basis of their relative net assets.

13

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements - (continued)

October 31, 2022

C. FEDERAL INCOME TAXES

The Fund is classified as a regulated investment company for tax purposes. As a regulated investment company, the Fund generally pays no U.S. federal income tax on the income and gains that the Fund distributes to shareholders.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulation, which may differ from those amounts determined under U.S. GAAP. These book/tax differences are either temporary (e.g., wash sale losses) or permanent (e.g., reclassification of certain gain/loss and distributions) in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. There were no permanent differences as of October 31, 2022, attributable to distribution redesignations.

As of October 31, 2022, the tax cost of securities and the breakdown of unrealized appreciation and depreciation of securities for federal income tax purposes are as follows:

	Tax Cost of Securities		Unrealized Appreciation		Unrealized Depreciation			Net Unrealized Appreciation / (Depreciation)
The DFA Short Term Investment Fund	$	15,757,586,877	$	238,193	$	(6,598,194	)	$	(6,360,001	)

ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return.

For all open tax years and all major taxing jurisdictions, management of the Fund has concluded that there are no significant uncertain tax positions that would require recognition in the Fund’s financial statements. The Fund is not aware of any tax positions for which it is more likely than not that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each of the Fund’s federal tax returns for the prior three fiscal years remains subject to examination by the Internal Revenue Service.

The tax character of distributions paid to shareholders during the years ended October 31, 2021 and October 31, 2022 were as follows:

	Distributions Paid From
	Net Investment Income		Long- Term Capital Gains		Total Distributions Paid
The DFA Short Term Investment Fund
2022	$	154,383,414	$	—	$	154,383,414
2021		7,211,693		—		7,211,693

As of October 31, 2022, the components of distributable earnings (accumulated losses) on a tax basis were as follows:

	Undistributed
	Ordinary Income		Long- Term Capital Gains		Accumulated Earnings		Distributions Payable			Accumulated Capital And Other Losses			Unrealized Appreciation (Depreciation)			Total Accumulated Earnings (Deficit)
The DFA Short Term Investment Fund	$	45,267,861	$	—	$	45,267,861	$	(45,429,125	)	$	(4,994,508	)	$	(6,360,001	)	$	(11,515,773	)

14

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements - (continued)

October 31, 2022

D. FINANCIAL INSTRUMENTS

REPURCHASE AGREEMENTS – The Fund may engage in repurchase agreement (“RA”) transactions with counterparties with creditworthiness and other characteristics deemed appropriate by the Advisor. The Fund, through its custodian, receives delivery of underlying securities collateralizing an RA. Collateral for certain tri-party RAs is held at the counterparty’s custodian in a segregated account for the benefit of the Fund and the counterparty. The counterparty will be required to maintain collateral with a value at least equal, at all times, to the value of the repurchase obligation including interest. RA transactions involve certain risks in the event of default or insolvency of the counterparty. These risks include possible delay or restrictions upon the Fund’s ability to dispose of the collateral and a possible decline in the value of the collateral during the period while the Fund seeks to assert its rights.

RAs permit the Fund, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the RA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Fund. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of the RA counterparty’s bankruptcy or insolvency. Pursuant to the terms of the RA, the Fund receives securities as collateral with a market value in excess of the repurchase price to be received by the Fund upon the maturity of the repurchase transaction. Upon a bankruptcy or insolvency of the RA counterparty, the Fund would recognize a liability with respect to such excess collateral to reflect the Fund’s obligation under bankruptcy law to return the excess to the counterparty.

E. RELATED PARTY TRANSACTIONS

INVESTMENT MANAGER – Dimensional Fund Advisors LP serves as investment advisor to the Fund. Pursuant to an investment management agreement with the Trust with respect to the Fund (the “Investment Management Agreement”), the Advisor manages the investment and reinvestment of the Fund’s assets. DFA has served as the Fund’s investment advisor since the Fund’s commencement of operations. Pursuant to the terms of the investment management agreement, the Advisor receives a management fee calculated daily and payable monthly from the Fund at an annual rate of 0.05% of the average daily net assets.

FEES PAID TO OFFICERS AND TRUSTEES – Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Trust. Amounts paid to the Trust’s CCO are reflected on the Statement of Operations as “CCO Fees”.

At October 31, 2022, the following number of shareholders held the approximate percentage of the Fund’s outstanding shares:

	Number of Shareholders		Approximate Percentage of Outstanding Shares
The DFA Short Term Investment Fund		6		43	%

F. INTEREST RATE AND CREDIT RISKS

The Fund invests primarily in money market instruments maturing in 397 calendar days or less and which are considered Eligible Securities (as defined in Rule 2a-7 under the 1940 Act). The ability of the issuers of the securities held by the Fund to meet their obligations may be affected by economic developments in a specific industry, state or region. Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. When interest rates rise, fixed income security prices fall. When interest rates fall, fixed income security prices rise. When interest rates are very low, the Fund’s expenses could absorb all or a portion of the Fund’s income and yield. When interest rates fall, certain obligations will be paid off by the obligor more quickly than originally anticipated, and the Fund may have to invest the proceeds in securities with lower yields. Changes in monetary policy made by central banks and/or their governments may affect interest rates.

15

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements - (continued)

October 31, 2022

The Fund is subject to the risk that the Advisor’s security selection and expectations regarding interest rate trends will cause the yields of the Fund to lag the performance of other mutual funds with similar investment objectives or the performance of short-term debt instruments. The emphasis of the Fund on quality and liquidity also could cause the Fund to underperform when compared to other money market funds, particularly those that take greater maturity and credit risks.

G. LINE OF CREDIT AND INTERFUND LENDING PROGRAM

The Fund, together with other Dimensional-advised portfolios, has entered into a $700 million unsecured line of credit with its custodian bank effective January 2, 2022. A similar line of credit for $700 million was in effect through January 1, 2022. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of the lower of one-quarter of such portfolio’s net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 1, 2023. There were no borrowings by the Fund under this line of credit during the year ended October 31, 2022.

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

For the year ended October 31, 2022, activity by the Fund under the interfund lending program was as follows (amounts in thousands, except percentages and days):

Lender	Weighted Average Loan Balance		Number of Days Outstanding*		Weighted Average Annualized Interest Rate			Interest Income (Expense)
The DFA Short Term Investment Fund	$	70,918		27		1.05	%	$	55

* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2022, that the Fund utilized the interfund lending program.

H. RECENTLY ISSUED ACCOUNTING STANDARDS

In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of 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 determined the adoption of these ASUs will not have a material impact on the Fund’s 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 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 began complying with the Derivatives Rule on August 19, 2022.

16

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements - (concluded)

October 31, 2022

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 rescinded previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021 and the Fund began complying with the Valuation Rule on August 1, 2022.

I. SUBSEQUENT EVENTS

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

17

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of The DFA Investment Trust Company and Shareholders of The DFA Short Term Investment Fund

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of The DFA Short Term Investment Fund (one of the funds constituting The DFA Investment Trust Company, referred to hereafter as the “Fund”) as of October 31, 2022, the related statement of operations for the year ended October 31, 2022, the statement of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (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, 2022, 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, 2022 and the financial highlights for each of the five years in the period ended October 31, 2022 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.

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, 2022 by correspondence with the custodian and brokers; 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, 2022

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

18

THE DFA SHORT TERM INVESTMENT FUND

Supplemental Information

October 31, 2022 – (Unaudited)

EXPENSE EXAMPLES

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

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

Actual Fund Return

This section helps you to estimate the actual expenses after fee waivers that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return and “Expenses Paid During Period” reflects the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period. To do so, simply divide your account value by $1,000 (for example, a $7,500 account value divided by $1,000 = 7.5), then multiply the result by the number in the table under the heading “Expenses Paid During Period.”

Hypothetical Example for Comparison Purposes

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

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

		Beginning Account Value 5/1/22		Ending Account Value 10/31/22		Expenses Paid During Period(1) 5/1/22-10/31/22		Annualized Expense Ratio During Period 5/1/22-10/31/22
The DFA Short Term	Actual	$	1,000.00	$	1,009.40	$	0.25		0.05	%
Investment Fund	Hypothetical		1,000.00		1,024.95		0.26		0.05

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

19

THE DFA SHORT TERM INVESTMENT FUND

Supplemental Information – (concluded)

October 31, 2022 – (Unaudited)

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Fund and the Trust use in voting proxies relating to securities held in the portfolios is available (1) without charge, upon request, by calling collect: (512) 306-7400 (2) from the Advisor’s website at http://us.dimensional.com; and (3) on the SEC’s website at http://www.sec.gov. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC’s website at http://www.sec.gov and from the Advisor’s website at https://www.dimensional.com/us-en/who-we-are/investment-stewardship and reflects the twelve-month period beginning July 1st and ending June 30th.

PORTFOLIO HOLDINGS INFORMATION

The SEC requires that all money market funds publish their holdings on a monthly basis on the fund’s website and file a complete Schedule of Investments with the SEC monthly on Form N-MFP. Such Form N-MFP filing must be made within five business days of the end of the month. They are available on the Fund’s website at http://us.dimensional.com/dfa-short-term-investment-fund, or by visiting the SEC’s website at http://www.sec.gov.

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THE DFA SHORT TERM INVESTMENT FUND

Fund Management

October 31, 2022 – (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 four standing committees, an Audit Committee, a Nominating and Governance Committee (the “Nominating Committee”), a Mutual Funds-ETF Relations Committee, and an Investment Strategy Committee (the “Strategy Committee”). The Audit Committee is composed of Reena Aggarwal, George M. Constantinides, Francis A. Longstaff, 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 three Audit Committee meetings held during the fiscal year ended October 31, 2022.

Each Board’s Nominating Committee is composed of Reena Aggarwal, George M. Constantinides, Douglas W. Diamond, Francis A. Longstaff, and Heather E. Tookes. 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 works closely with other disinterested Trustees to evaluate a candidate’s qualification for Board membership and the independence of such candidate from the Advisor and other principal service providers. The Nominating Committee also periodically reviews the Board governance practices, policies, procedures, and operations; reviews the membership of each committee of the Board; reviews and makes recommendations regarding the Independent Trustees’ compensation; oversees the annual self-assessment of the Board and each committee; considers and recommends to the Board, the selection of “independent legal counsel” (as that term is defined in the 1940 Act); and monitors and considers corporate governance issues that may arise from time to time. There were three Nominating Committee meetings held during the fiscal year ended October 31, 2022.

Each Board’s Strategy Committee is composed of Gerard K. O’Reilly, Douglas W. Diamond, Darrell Duffie, and Heather E. Tookes. 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 four Strategy Committee meetings held during the fiscal year ended October 31, 2022.

The Mutual Funds-ETF Relations Committee is comprised of George M. Constantinides, Darrell Duffie, and Ingrid M. Werner. At the request of the Board, the Mutual Funds-ETF Relations Committee (i) reviews any newly-proposed expenses to be borne by the ETFs in Dimensional ETF Trust (“Dimensional ETFs”), portfolios in the DFA mutual fund complex (“Fund Complex”) or changes to the existing expense allocations among the Dimensional ETFs, portfolios in the Fund Complex, and the Advisor, (ii) considers any conflicts of interest that may arise in the operations of the Dimensional ETFs and the portfolios in the Fund Complex, (iii) reviews and considers relevant information relating to the operations of the Dimensional ETFs, and (iv) considers asset flows and performance differences between the similarly managed mutual funds and ETFs of the Funds. There were two Mutual Funds-ETF Relations Committee meetings held for the Trust during the fiscal year ended October 31, 2022.

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.

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THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

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.

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THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Disinterested Directors/Trustees

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
Reena Aggarwal c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1957	Director/ Trustee	Since December 2021	Robert E. McDonough Professor of Business Administration and Finance, McDonough School of Business, Georgetown University (since 2003); Director, Georgetown Center for Financial Markets and Policy (since 2010); and Vice Provost of Faculty (2016-2020), Georgetown University.	147 portfolios in 5 investment companies	Director, Cohen & Steers (asset management firm) (since 2017) and Director, Nuveen Churchill Direct Lending (private business development company) (since 2019). Formerly, Director, New York Life Investment Management IndexIQ (2008- 2021) (22 funds); Director, REAN Cloud (technology) (2015-2018); Director, FBR & Co. (investment banking) (2011- 2017); and Director, Brightwood Capital Advisors, L.P. (private equity) (2013- 2020).
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).	147 portfolios in 5 investment companies	None

23

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
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 1979). Formerly, Visiting Scholar, Federal Reserve Bank of Richmond (1990-2019).	147 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	Adams Distinguished Professor of Management and Professor of Finance, Stanford University (since 1984) and Director, TNB Inc. (bank) (since 2020).	147 portfolios in 5 investment companies	Formerly, Director, Moody’s Corporation (financial information and information technology) (2008- 2018).
Francis A. Longstaff c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, TX 78746 1956	Director/ Trustee	Since December 2021	Allstate Professor of Insurance and Finance, UCLA, Anderson School of Management; Consultant, NERA Economic Consulting (since 2018); Consultant, Charles River Associates (economic consulting firm) (since 2013); Consultant, Simplex Holdings, Inc. (technology firm) (since 1998); and Expert Witness, Analysis Group (economic consulting firm) (since 2012).	147 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).	147 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 (2 investment companies within the fund complex) (13 portfolios) (since 2009).
Heather E. Tookes Yale School of Management 165 Whitney Avenue New Haven, CT 06511 1974	Director/ Trustee	Since December 2021	Professor of Finance, Yale School of Management (since 2004).	147 portfolios in 5 investment companies	Director, Payoneer Inc. (digital payments) (since 2021); Director, Ariel Investments LLC (since 2017); and Director, Community Foundation of Greater New Haven (community foundation and grant-making) (since 2022). Formerly, Director, KCG Holdings (trading company) (January 2017-July 2017).

24

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Name, Address and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	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). 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). Formerly, Member, Academic Board, Mistra Financial Systems (organization funding academic research on environment, governance and climate/sustainability in finance) (2016-2021).	147 portfolios in 5 investment companies	Director, Fourth Swedish AP Fund (pension fund asset management) (since 2017).

25

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Interested Directors/Trustees

The following interested Directors are described as such because each 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 Office1 and Length of Service	Principal Occupation During Past 5 Years	Portfolios within the DFA Fund Complex2 Overseen	Other Directorships of Public Companies Held During Past 5 Years
David P. Butler c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One, Austin, TX 78746 1964	Director Co-Chief Executive Officer	Director since December 2021 Co-Chief Executive Officer since 2017 (DFAIDG, DIG, DEM & DFAITC); 2020 (ETF Trust)	Co-Chief Executive Officer of Dimensional Emerging Markets Value Fund (“DEM”), DFAIDG, Dimensional Investment Group Inc. (“DIG”), The DFA Investment Trust Company (“DFAITC”), Dimensional Holdings Inc., Dimensional Fund Advisors LP, Dimensional Investment LLC, and DFA Securities LLC (collectively with DEM, DFAIDG, DIG and DFAITC, the “DFA Entities”) (since 2017), DFA Canada LLC (since 2018), Dimensional Holdings LLC (since 2017), and Dimensional ETF Trust (since 2020); Chief Executive Officer of Dimensional Fund Advisors Canada ULC (since 2018); Director (since 2017) of Dimensional Holdings Inc., Dimensional Fund Advisors Canada ULC, Dimensional Japan Ltd., Dimensional Advisors Ltd., Dimensional Fund Advisors Ltd., and DFA Australia Limited; Director and Co-Chief Executive Officer (since 2017) of Dimensional Cayman Commodity Fund I Ltd.; Chief Executive Officer of Dimensional Fund Advisors Canada ULC (since 2018); Head of Global Financial Advisor Services for Dimensional Fund Advisors LP (since 2007) and Dimensional Investment LLC (since 2017); Formerly, Vice President (2007 – 2017) of all the DFA Entities; Formerly, Head of Global Advisor Services for Dimensional Investment LLC (2011-2017).	147 portfolios in 5 investment companies	None
Gerard K. O’Reilly c/o Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One, Austin, TX 78746 1976	Chairman and Director Co-Chief Executive Officer and Chief Investment Officer	Chairman and Director since December 2021 Co-Chief Executive Officer and Chief Investment Officer since 2017 (DFAIDG, DIG, DEM & DFAITC); 2020 (ETF Trust)	Co-Chief Executive Officer and Chief Investment Officer of the DFA Entities (since 2017) and Dimensional ETF Trust (since 2020); Co-Chief Executive Officer of Dimensional Canada LLC (since 2018); Chief Investment Officer of Dimensional Fund Advisors Canada ULC (since 2017); Director, Chief Investment Officer (since 2017) and Vice President (since 2014) of DFA Australia Limited; Chief Investment Officer (since 2018) 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 Fund II plc (since 2014), Dimensional Holdings Inc. (since 2017), Dimensional Advisors Ltd. (since 2017), and Dimensional Ireland Limited (since 2018). Formerly, Executive Vice President (2017) and Co-Chief Investment Officer (2014 – 2017) of the DFA Entities; Formerly, Vice President (2007 – 2017) of the DFA Entities; Formerly, Vice President and Co-Chief Investment Officer (2014 – 2017) of Dimensional Fund Advisors Canada ULC. Formerly, Director of Dimensional Fund Advisors Pte. Ltd. (2017-2018) and Dimensional Fund Advisors Ltd. (2018-2021).	147 portfolios in 5 investment companies	None

¹  Each Director/Trustee holds office for an indefinite term until his or her successor is elected and qualified.

²  Each Director/Trustee is a director or trustee of each of the five registered investment companies within the DFA Fund Complex, which include: the Fund; DIG; DFAITC; DEM; and Dimensional 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.

26

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

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 1967	Vice President and Assistant Secretary	Since 2001	Vice President and Assistant Secretary of •   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) •   Dimensional ETF Trust (since 2020) Director, Vice President and Assistant Secretary (since 2003) of •   Dimensional Fund Advisors Canada ULC
Ryan P. Buechner 1982	Vice President and Assistant Secretary	Since 2019	Vice President and Assistant Secretary of •   DFAIDG, DIG, DFAITC and DEM (since 2019) •   Dimensional ETF Trust (since 2020) Vice President (since January 2018) of •   Dimensional Holdings Inc. •   Dimensional Fund Advisors LP •   Dimensional Investment LLC •   DFA Securities LLC

27

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
Stephen A. Clark 1972	Executive Vice President	Since 2017	Executive Vice President of •   all the DFA Entities (since 2017) •   Dimensional ETF Trust (since 2020) Director and Vice President (since 2016) of •   Dimensional Japan Ltd. Chairman (since 2018) of •   Dimensional Fund Advisors Canada ULC 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 Vice President of •   Dimensional Advisors Ltd. (since 2016) •   Dimensional Hong Kong Limited (since 2016) •   Dimensional Fund Advisors Pte. Ltd. (since 2019) Formerly, Director (2016-2021) of •   Dimensional Fund Advisors 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 (2019-2020) 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 1972	Chief Operating Officer	Since June 2021	Chief Operating Officer (since June 2021) of •   the DFA Fund Complex 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 Vice President (since 2020) of •   DFA Australia Limited •   Dimensional Advisors Ltd. •   Dimensional Fund Advisors Canada ULC •   Dimensional Fund Advisors Pte. Ltd. •   Dimensional Ireland Limited •   Dimensional Japan Ltd.

28

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			Formerly, Vice President, Chief Financial Officer, and Treasurer (June 2020-June 2021) of •   the DFA Fund Complex 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 1971	Vice President	Since June 2021	Vice President (since June 2021) of •   the DFA Fund Complex 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 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 Treasurer (2003 – 2017) of •   Lord Abbett Family of Funds
Eric Hall 1978	Vice President and Assistant Treasurer	Since June 2021	Vice President and Assistant Treasurer (since June 2021) of •   the DFA Fund Complex 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) of •   all the DFA Entities Vice President (since 2020) of •   Dimensional ETF Trust Vice President and Assistant Secretary (since 2010) of •   Dimensional Cayman Commodity Fund I Ltd. Formerly, Assistant Secretary (2017-2019) of •   all the DFA Entities
Joy Lopez 1971	Vice President and Assistant Treasurer	Vice President since 2015 and Assistant Treasurer since 2017	Vice President of •   all the DFA Entities (since 2015) •   Dimensional Fund Advisors Ltd. (since 2015) •   Dimensional ETF Trust (since 2020) •   DFA Australia Limited (since 2020) •   Dimensional Fund Advisors Canada ULC (since 2020) •   Dimensional Ireland Limited (since 2020) Assistant Treasurer of

29

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•   DFAIDG, DIG, DFAITC and DEM (since 2017) •   Dimensional ETF Trust (since 2020)
Kenneth M. Manell 1972	Vice President	Since 2010	Vice President of •   all the DFA Entities (since 2010) •   Dimensional Cayman Commodity Fund I Ltd. (since 2010) •   Dimensional 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 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 1964	President and General Counsel	President since 2017 and General Counsel since 2001	President of •   DFAIDG, DIG, DFAITC and DEM (since 2017) •   Dimensional ETF Trust (since 2020) General Counsel of •   all the DFA Entities (since 2001) •   Dimensional Fund Advisors LP (since 2006) •   Dimensional Holdings Inc (since 2006) •   Dimensional Investment LLC (since 2009) •   DFA Canada LLC (since 2009) •   Dimensional ETF Trust (since 2020) Executive Vice President (since 2017) of •   Dimensional Fund Advisors LP •   Dimensional Holdings Inc. •   DFA Securities LLC •   Dimensional Investment LLC
			Secretary of •   Dimensional Fund Advisors LP (since 2006) •   Dimensional Holdings Inc. (since 2006) •   DFA Securities LLC (since 2006) •   Dimensional Investment LLC (since 2009) 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) •   DFA Canada LLC (since 2009) •   Dimensional Cayman Commodity Fund I Ltd. (since 2010) •   Dimensional Japan Ltd. (since 2012) •   Dimensional Advisors Ltd (since 2014) •   Dimensional Fund Advisors Pte. Ltd. (since 2012) Vice President and Assistant Secretary (since 2012) of •   Dimensional Hong Kong Limited Director of •   Dimensional Australia Limited (since 2007) •   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)

30

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (continued)

October 31, 2022 – (Unaudited)

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•   Dimensional Ireland Limited (since 2018) Formerly, Vice President and Secretary (2010 – 2014) of •   Dimensional SmartNest (US) LLC Formerly, Vice President (1997 – 2017) and Secretary (2000 – 2017) of •   DFAIDG, DIG, DFAITC and DEM 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) Formerly, Director (2002 – 2021) of •   Dimensional Fund Advisors Ltd.
Selwyn J. Notelovitz 1961	Vice President	Since September 2021	Vice President (since September 2021) of •   the DFA Fund Complex 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
Carolyn L. O 1974	Vice President and Secretary	Vice President since 2010 and Secretary since 2017	Vice President and Secretary of •   DFAIDG, DIG, DFAITC and DEM (since 2010 and 2017, respectively) •   Dimensional ETF Trust (since 2020) 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) Assistant Secretary (since 2016) of •   DFA Securities LLC
Randy C. Olson 1980	Chief Compliance Officer	Since 2020	Chief Compliance Officer (since 2020) •   the DFA Fund Complex •   Vice President (since 2016) of •   DFA Securities LLC •   Dimensional Fund Advisors LP •   Dimensional Holdings Inc.

31

THE DFA SHORT TERM INVESTMENT FUND

Fund Management – (concluded)

October 31, 2022 – (Unaudited)

Name and Year of Birth	Position	Term of Office1 and Length of Service	Principal Occupation During Past 5 Years
			•   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)
James J. Taylor 1983	Vice President and Assistant Treasurer	Since 2020	Vice President and Assistant Treasurer (since 2020) of •   the DFA Fund Complex Vice President •   Dimensional Holdings Inc. (since 2016) •   Dimensional Fund Advisors LP (since 2016) •   Dimensional Investment LLC (since 2016) •   DFA Securities LLC (since 2016) •   Dimensional Fund Advisors Canada ULC (since 2020)

¹  Each officer holds office for an indefinite term at the pleasure of the Board of Directors and until his or her successor is elected and qualified.

32

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, 2022: $424,084

Fiscal Year Ended October 31, 2021: $399,146

(b) Audit-Related Fees

Fees for Registrant –	Fiscal Year Ended October 31, 2022: $34,300
	Fiscal Year Ended October 31, 2021: $32,385

For fiscal years ended October 31, 2022 and October 31, 2021, 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, 2022: $225,000

Fiscal Year Ended October 31, 2021: $220,000

For the fiscal years ended October 31, 2022 and October 31, 2021, 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, 2022: $3,495
	Fiscal Year Ended October 31, 2021: $3,495

For the fiscal years ended October 31, 2022 and October 31, 2021, Tax Fees included, fees for tax services in connection with the Registrant’s excise tax calculations, review of the Registrant’s applicable tax returns and review of the Registrant’s tax equalization calculations.

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, 2022: $0
	Fiscal Year Ended October 31, 2021: $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

of

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.

A. General

1. The Committee must pre-approve all audit services and non-audit services that the Auditor provides to the Funds.

2. 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.

B. Pre-Approval of Audit Services to the Funds

1. 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.

2. 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.

3. 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”).

C. Pre-Approval of Non-Audit Services to the Funds and to Service Affiliates—by Types of Services

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

D. Pre-Approval of Non-Audit Services to the Funds and to Service Affiliates—Project-by-Project Basis

1. The Committee also may pre-approve non-audit services on a project-by-project basis pursuant to this Section D.

2. 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.

3. 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.

4. 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.

5. 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.

E. Amendment; Annual Review

1. The Committee may amend these procedures from time to time.

2. These procedures shall be reviewed annually by the Committee.

F. Recordkeeping

1. 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.

2. 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.

3. 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, 2022 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, 2022: $1,680,200

Fiscal Year Ended October 31, 2021: $1,355,006

(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) Please see the schedules of investments contained in the reports to stockholders included under Item 1 of this Report except as discussed below. Provided below is a complete schedule of investments for each series of the Registrant that provided a summary schedule of portfolio holdings in a report to stockholders included under Item 1 in lieu of a complete schedule of investments. The schedules of investments for the following series are provided below:

Name of Entity for which Schedule of Investments is Provided

The U.S. Large Cap Value Series

The DFA International Value Series

The Japanese Small Company Series

The Asia Pacific Small Company Series

The United Kingdom Small Company Series

The Continental Small Company Series

The Canadian Small Company Series

The Emerging Markets Series

The Emerging Markets Small Cap Series

THE U.S. LARGE CAP VALUE SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value†
COMMON STOCKS — (97.1%)
COMMUNICATION SERVICES — (7.4%)
	Activision Blizzard, Inc.		911,090	$	66,327,352
	AT&T, Inc.		19,723,621		359,561,611
# *	Charter Communications, Inc., Class A		796		292,625
	Comcast Corp., Class A		13,738,104		436,047,421
# *	DISH Network Corp., Class A		110,428		1,646,481
	Electronic Arts, Inc.		9,653		1,215,892
#	Fox Corp., Class A		1,008,994		29,129,657
	Fox Corp., Class B		397,338		10,807,594
	Interpublic Group of Cos., Inc.		972,476		28,970,060
# *	Liberty Broadband Corp., Class A		27,366		2,334,867
*	Liberty Broadband Corp., Class C		199,990		16,885,156
# *	Liberty Media Corp.-Liberty Formula One, Class A		39,281		2,043,398
# *	Liberty Media Corp.-Liberty Formula One, Class C		78,309		4,520,779
*	Liberty Media Corp.-Liberty SiriusXM, Class A		156,619		6,646,910
*	Liberty Media Corp.-Liberty SiriusXM, Class C		357,358		15,076,934
#	Lumen Technologies, Inc.		4,018,696		29,577,602
# *	Madison Square Garden Entertainment Corp.		8,266		405,282
*	Meta Platforms, Inc., Class A		977,197		91,035,672
	News Corp., Class A		577,757		9,746,761
#	News Corp., Class B		64,856		1,110,983
#	Omnicom Group, Inc.		60,457		4,398,247
#	Paramount Global, Class B		1,489,752		27,292,257
*	Take-Two Interactive Software, Inc.		24,929		2,953,588
*	T-Mobile U.S., Inc.		1,448,419		219,522,384
	Verizon Communications, Inc.		11,228,072		419,593,051
# *	Walt Disney Co.		1,947,638		207,501,352
*	Warner Bros Discovery, Inc.		2,770,276		36,013,588
TOTAL COMMUNICATION SERVICES					2,030,657,504
CONSUMER DISCRETIONARY — (5.1%)
#	Advance Auto Parts, Inc.		260,009		49,380,909
*	Aptiv PLC		231,684		21,099,462
	Aramark		803,405		29,324,282
#	Autoliv, Inc.		269,146		21,625,881
	BorgWarner, Inc.		1,102,997		41,395,477
# *	Capri Holdings Ltd.		26,730		1,221,026
# *	CarMax, Inc.		385,771		24,307,431
#	Dick’s Sporting Goods, Inc.		20,800		2,366,208
# *	Dollar Tree, Inc.		568,740		90,145,290
#	DR Horton, Inc.		2,494,501		191,777,237
	eBay, Inc.		334,052		13,308,632
	Ford Motor Co.		7,869,237		105,211,699
#	Garmin Ltd.		537,770		47,345,271
	General Motors Co.		4,563,422		179,114,313
#	Gentex Corp.		994,834		26,353,153
	Genuine Parts Co.		7,025		1,249,467
#	Hasbro, Inc.		65,998		4,306,370
# *	Hyatt Hotels Corp., Class A		127,405		12,002,825
	Lear Corp.		317,608		44,055,406
#	Lennar Corp., Class A		1,097,746		88,588,102
#	Lennar Corp., Class B		37,985		2,477,382
#	Lithia Motors, Inc.		2,694		533,816
	LKQ Corp.		1,699,192		94,543,043
	MGM Resorts International		1,566,881		55,733,957
*	Mohawk Industries, Inc.		347,126		32,890,188

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
CONSUMER DISCRETIONARY — (Continued)
#	Penske Automotive Group, Inc.		50,142	$	5,596,850
#	PulteGroup, Inc.		2,092,976		83,698,110
#	Qurate Retail, Inc., Class A		63,525		148,649
#	Ralph Lauren Corp.		233,423		21,635,978
# *	Royal Caribbean Cruises Ltd.		572,051		30,536,082
	Tapestry, Inc.		358,209		11,348,061
#	Whirlpool Corp.		476,476		65,868,042
TOTAL CONSUMER DISCRETIONARY					1,399,188,599
CONSUMER STAPLES — (5.9%)
	Archer-Daniels-Midland Co.		1,129,118		109,501,864
# *	BellRing Brands, Inc.		100,936		2,444,670
	Bunge Ltd.		584,509		57,691,038
#	Campbell Soup Co.		75,598		3,999,890
	Conagra Brands, Inc.		711,380		26,107,646
	Constellation Brands, Inc., Class A		303,632		75,021,394
*	Darling Ingredients, Inc.		495,295		38,870,752
#	General Mills, Inc.		2,002,753		163,384,590
#	Hormel Foods Corp.		256,007		11,891,525
#	Ingredion, Inc.		6,180		550,762
	J M Smucker Co.		640,719		96,530,724
	Keurig Dr Pepper, Inc.		148,220		5,756,865
	Kroger Co.		3,345,475		158,207,513
#	McCormick & Co., Inc.		34,185		2,688,308
#	Molson Coors Beverage Co., Class B		450,930		22,740,400
	Mondelez International, Inc., Class A		3,063,492		188,343,488
# *	Pilgrim’s Pride Corp.		6,211		143,163
# *	Post Holdings, Inc.		79,359		7,175,641
	Seaboard Corp.		13		48,703
	Tyson Foods, Inc., Class A		1,698,335		116,081,197
# *	U.S. Foods Holding Corp.		808,080		24,048,461
#	Walgreens Boots Alliance, Inc.		971,954		35,476,321
	Walmart, Inc.		3,424,187		487,364,536
TOTAL CONSUMER STAPLES					1,634,069,451
ENERGY — (15.5%)
# *	Antero Resources Corp.		543,816		19,936,295
	Baker Hughes Co.		95,536		2,642,526
#	Chesapeake Energy Corp.		198,413		20,291,697
#	Chevron Corp.		4,558,886		824,702,477
	ConocoPhillips		5,185,429		653,830,743
#	Continental Resources, Inc.		7,637		564,909
#	Coterra Energy, Inc.		965,221		30,047,330
#	Devon Energy Corp.		764,639		59,144,827
	Diamondback Energy, Inc.		197,360		31,007,230
#	EOG Resources, Inc.		1,168,138		159,474,200
#	EQT Corp.		356,304		14,907,759
#	Exxon Mobil Corp.		10,590,425		1,173,524,994
	Halliburton Co.		1,785,450		65,026,089
#	Hess Corp.		1,023,208		144,354,185
	HF Sinclair Corp.		253,216		15,489,223
#	Kinder Morgan, Inc.		4,324,626		78,362,223
#	Marathon Oil Corp.		1,245,245		37,917,710
	Marathon Petroleum Corp.		1,358,505		154,353,338
#	Occidental Petroleum Corp.		1,487,423		107,986,910
#	ONEOK, Inc.		1,039,865		61,684,792
#	Ovintiv, Inc.		158,193		8,012,475
	Phillips 66		744,812		77,676,443

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
ENERGY — (Continued)
#	Pioneer Natural Resources Co.		481,859	$	123,553,466
	Schlumberger NV		3,057,917		159,103,421
#	Targa Resources Corp.		436,846		29,867,161
#	Valero Energy Corp.		900,872		113,104,480
	Williams Cos., Inc.		3,720,143		121,760,280
TOTAL ENERGY					4,288,327,183
FINANCIALS — (19.3%)
	Aflac, Inc.		1,547,828		100,779,081
#	Allstate Corp.		876,965		110,716,831
#	Ally Financial, Inc.		2,648,489		72,992,357
	American Financial Group, Inc.		321,589		46,665,780
	American International Group, Inc.		1,389,809		79,219,113
#	Apollo Global Management, Inc.		140,437		7,774,592
*	Arch Capital Group Ltd.		521,287		29,974,003
	Assurant, Inc.		224,836		30,546,219
	Axis Capital Holdings Ltd.		3,443		188,229
	Bank of America Corp.		8,609,381		310,282,127
	Bank of New York Mellon Corp.		2,360,323		99,393,202
# *	Berkshire Hathaway, Inc., Class B		1,859,637		548,760,282
#	BOK Financial Corp.		6,114		673,702
	Capital One Financial Corp.		1,481,150		157,031,523
#	Charles Schwab Corp.		3,700		294,779
	Chubb Ltd.		586,765		126,089,931
	Cincinnati Financial Corp.		11,885		1,227,958
#	Citigroup, Inc.		3,688,797		169,168,230
	Citizens Financial Group, Inc.		922,786		37,741,947
	CNA Financial Corp.		187,747		7,829,050
#	Comerica, Inc.		154,602		10,899,441
#	East West Bancorp, Inc.		105,184		7,528,019
	Equitable Holdings, Inc.		10,374		317,652
#	Everest Re Group Ltd.		88,971		28,707,383
#	Fidelity National Financial, Inc.		121,493		4,784,394
	Fifth Third Bancorp		3,471,314		123,891,197
	First Citizens BancShares, Inc., Class A		2,552		2,098,050
#	First Horizon Corp.		75,600		1,852,956
#	Franklin Resources, Inc.		271,081		6,356,850
	Globe Life, Inc.		11,967		1,382,428
	Goldman Sachs Group, Inc.		976,089		336,272,421
	Hartford Financial Services Group, Inc.		2,234,680		161,813,179
#	Huntington Bancshares, Inc.		3,221,658		48,904,769
#	Jefferies Financial Group, Inc.		302,462		10,407,717
	JPMorgan Chase & Co.		7,481,873		941,818,173
	KeyCorp.		3,701,040		66,137,585
#	Lincoln National Corp.		388,182		20,911,364
	Loews Corp.		909,290		51,847,716
	M&T Bank Corp.		213,565		35,957,939
# *	Markel Corp.		3,473		4,188,785
	MetLife, Inc.		945,286		69,204,388
	Morgan Stanley		2,962,680		243,443,416
	Northern Trust Corp.		33,684		2,841,245
#	Old Republic International Corp.		745,739		17,308,602
	PNC Financial Services Group, Inc.		578,982		93,696,657
#	Principal Financial Group, Inc.		1,433,986		126,377,186
#	Prosperity Bancshares, Inc.		10,200		730,014
	Prudential Financial, Inc.		586,680		61,712,869
#	Raymond James Financial, Inc.		2,229		263,334
	Regions Financial Corp.		5,559,337		122,027,447
	Reinsurance Group of America, Inc.		12,100		1,780,757

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
FINANCIALS — (Continued)
	RenaissanceRe Holdings Ltd.		3,923	$	606,810
	Signature Bank		400		63,412
	State Street Corp.		530,279		39,240,646
#	Synchrony Financial		1,227,307		43,643,037
	Synovus Financial Corp.		13,039		519,604
	Travelers Cos., Inc.		1,083,770		199,912,214
	Truist Financial Corp.		2,880,479		129,016,654
	U.S. Bancorp		1,433,273		60,842,439
#	Unum Group		30,296		1,381,195
	Wells Fargo & Co.		5,911,149		271,853,743
	WR Berkley Corp.		49,696		3,696,389
	Zions Bancorp NA		733,294		38,087,290
TOTAL FINANCIALS					5,331,676,302
HEALTH CARE — (16.7%)
	Abbott Laboratories		136,436		13,498,978
	AbbVie, Inc.		6,916		1,012,502
	Baxter International, Inc.		771,310		41,920,699
	Becton Dickinson & Co.		268,042		63,249,871
# *	Biogen, Inc.		493,640		139,917,322
*	Bio-Rad Laboratories, Inc., Class A		28,517		10,029,714
*	Boston Scientific Corp.		50,481		2,176,236
#	Bristol-Myers Squibb Co.		4,546,581		352,223,630
*	Catalent, Inc.		154,991		10,187,558
*	Centene Corp.		1,084,335		92,309,439
*	Charles River Laboratories International, Inc.		2,300		488,175
	Cigna Corp.		998,289		322,507,244
	Cooper Cos., Inc.		16,950		4,633,961
	CVS Health Corp.		2,930,610		277,528,767
	Danaher Corp.		936,418		235,668,318
# *	DaVita, Inc.		78,875		5,758,664
	Elevance Health, Inc.		771,124		421,627,470
#	Embecta Corp.		43,883		1,356,862
*	Envista Holdings Corp.		11,130		367,401
	Gilead Sciences, Inc.		2,211,205		173,491,144
# *	Henry Schein, Inc.		212,239		14,529,882
*	Hologic, Inc.		298,056		20,208,197
	Humana, Inc.		441,277		246,267,868
*	Incyte Corp.		57,883		4,303,022
*	Jazz Pharmaceuticals PLC		215,487		30,984,876
	Laboratory Corp. of America Holdings		683,569		151,656,618
	McKesson Corp.		122,974		47,882,386
	Medtronic PLC		2,002,037		174,857,912
	Merck & Co., Inc.		54,535		5,518,942
*	Moderna, Inc.		488,200		73,391,106
	PerkinElmer, Inc.		120,811		16,137,933
	Pfizer, Inc.		17,020,200		792,290,310
#	Quest Diagnostics, Inc.		939,317		134,932,887
# *	Regeneron Pharmaceuticals, Inc.		149,397		111,861,004
	STERIS PLC		208,557		35,992,767
*	Syneos Health, Inc.		13,905		700,534
	Thermo Fisher Scientific, Inc.		756,496		388,816,249
*	United Therapeutics Corp.		40,059		9,234,801
	UnitedHealth Group, Inc.		5,974		3,316,466
	Universal Health Services, Inc., Class B		474,671		55,000,129
*	Vertex Pharmaceuticals, Inc.		181,037		56,483,544
	Viatris, Inc.		2,860,265		28,974,484
	Zimmer Biomet Holdings, Inc.		365,895		41,474,198
TOTAL HEALTH CARE					4,614,770,070

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
INDUSTRIALS — (11.3%)
#	AECOM		513,326	$	38,643,181
	AGCO Corp.		253,428		31,468,155
#	AMERCO		84,288		48,481,615
	AMETEK, Inc.		157,969		20,482,261
	Arcosa, Inc.		75,166		4,825,657
*	Builders FirstSource, Inc.		589,989		36,378,722
*	CACI International, Inc., Class A		2,200		668,866
	Carlisle Cos., Inc.		315,528		75,348,086
	Carrier Global Corp.		2,101,873		83,570,470
	CSX Corp.		1,796,603		52,209,283
	Cummins, Inc.		542,409		132,624,425
#	Deere & Co.		1,688		668,144
#	Dover Corp.		413,060		53,982,811
	Eaton Corp. PLC		987,794		148,238,246
	Emerson Electric Co.		243,605		21,096,193
	FedEx Corp.		569,614		91,297,732
	Fortive Corp.		269,682		17,232,680
	Fortune Brands Home & Security, Inc.		519,705		31,348,606
	General Dynamics Corp.		428,065		106,930,637
	General Electric Co.		1,195,941		93,056,169
# *	GXO Logistics, Inc.		765,507		27,971,626
	Howmet Aerospace, Inc.		1,593,760		56,658,168
	Hubbell, Inc.		31,089		7,383,016
	Huntington Ingalls Industries, Inc.		41,674		10,713,135
	Ingersoll Rand, Inc.		795,802		40,188,001
	Jacobs Solutions, Inc.		284,566		32,787,695
	Johnson Controls International PLC		1,557,033		90,058,789
	L3Harris Technologies, Inc.		251,122		61,894,039
	Leidos Holdings, Inc.		734,246		74,592,051
	ManpowerGroup, Inc.		2,452		192,090
#	MDU Resources Group, Inc.		20,335		579,141
# *	Middleby Corp.		49,207		6,882,091
	Norfolk Southern Corp.		780,147		177,928,126
	Northrop Grumman Corp.		130,994		71,917,016
#	nVent Electric PLC		13,164		480,486
	Oshkosh Corp.		2,394		210,672
	Otis Worldwide Corp.		1,224,040		86,466,186
#	Owens Corning		520,448		44,555,553
	PACCAR, Inc.		1,173,311		113,611,704
	Parker-Hannifin Corp.		389,870		113,304,019
#	Pentair PLC		1,018,855		43,759,822
#	Quanta Services, Inc.		679,004		96,445,728
	Raytheon Technologies Corp.		1,827,270		173,261,741
#	Regal Rexnord Corp.		41,600		5,264,064
	Republic Services, Inc.		1,829,777		242,665,026
	Sensata Technologies Holding PLC		669,936		26,938,127
#	Snap-on, Inc.		313,561		69,626,220
*	Southwest Airlines Co.		938,430		34,111,931
#	Stanley Black & Decker, Inc.		766,509		60,163,291
# *	Sunrun, Inc.		36,102		812,656
	Textron, Inc.		1,334,982		91,366,168
	Trane Technologies PLC		315,207		50,316,493
#	TransUnion		86,859		5,148,133
*	United Airlines Holdings, Inc.		73,630		3,171,980
*	United Rentals, Inc.		245,310		77,446,820
#	Westinghouse Air Brake Technologies Corp.		313,561		29,248,970
TOTAL INDUSTRIALS					3,116,672,713

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
INFORMATION TECHNOLOGY — (7.7%)
*	Advanced Micro Devices, Inc.		213,458	$	12,820,287
# *	Akamai Technologies, Inc.		121,238		10,708,953
	Amdocs Ltd.		718,388		62,004,068
	Analog Devices, Inc.		605,521		86,359,405
*	Arrow Electronics, Inc.		388,892		39,379,204
#	Avnet, Inc.		5,178		208,104
# *	Cerence, Inc.		658		11,318
# *	Ciena Corp.		76,253		3,652,519
	Cognizant Technology Solutions Corp., Class A		1,704,834		106,125,917
#	Concentrix Corp.		93,788		11,463,707
	Corning, Inc.		3,991,170		128,395,939
	Dolby Laboratories, Inc., Class A		16,857		1,126,722
*	DXC Technology Co.		324,844		9,339,265
	Fidelity National Information Services, Inc.		754,435		62,610,561
*	First Solar, Inc.		93,364		13,590,997
*	Fiserv, Inc.		507,819		52,173,324
# *	Flex Ltd.		1,338,622		26,210,219
	Global Payments, Inc.		247,994		28,335,794
#	Hewlett Packard Enterprise Co.		7,063,734		100,799,484
#	HP, Inc.		9,328,511		257,653,474
	Intel Corp.		12,556,858		356,991,473
	International Business Machines Corp.		194,565		26,906,394
	Jabil, Inc.		219,026		14,072,421
	Juniper Networks, Inc.		922,810		28,237,986
*	Kyndryl Holdings, Inc.		59,502		575,384
	Marvell Technology, Inc.		1,003,660		39,825,229
	Microchip Technology, Inc.		2,564		158,301
	Micron Technology, Inc.		3,751,374		202,949,333
	MKS Instruments, Inc.		1,502		123,389
# *	ON Semiconductor Corp.		938,498		57,651,932
*	Qorvo, Inc.		511,928		44,066,762
	Roper Technologies, Inc.		14,446		5,988,445
*	Salesforce, Inc.		633,045		102,926,787
	Skyworks Solutions, Inc.		307,882		26,480,931
#	SS&C Technologies Holdings, Inc.		382,266		19,656,118
#	TD SYNNEX Corp.		93,788		8,582,540
#	TE Connectivity Ltd.		984,671		120,356,336
*	Teledyne Technologies, Inc.		30,542		12,155,105
*	Western Digital Corp.		887,149		30,491,311
TOTAL INFORMATION TECHNOLOGY					2,111,165,438
MATERIALS — (7.5%)
	Air Products & Chemicals, Inc.		378,095		94,674,988
#	Albemarle Corp.		499,343		139,751,125
#	Amcor PLC		1,177,510		13,635,566
# *	Arconic Corp.		21,469		445,696
#	Ball Corp.		644		31,807
#	Celanese Corp.		56,404		5,421,553
	CF Industries Holdings, Inc.		607,999		64,605,974
# *	Cleveland-Cliffs, Inc.		409,416		5,318,314
	Corteva, Inc.		1,069,916		69,908,312
	Dow, Inc.		2,820,364		131,823,813
	DuPont de Nemours, Inc.		544,663		31,154,724
	Eastman Chemical Co.		838,344		64,393,203

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

		Shares		Value†
MATERIALS — (Continued)
	FMC Corp.		25,480	$	3,029,572
	Freeport-McMoRan, Inc.		5,097,835		161,550,391
	Huntsman Corp.		8,221		219,994
	International Flavors & Fragrances, Inc.		367,438		35,865,623
#	International Paper Co.		2,073,880		69,703,107
*	Linde PLC		775,637		230,635,662
#	LyondellBasell Industries NV, Class A		1,089,374		83,282,642
	Martin Marietta Materials, Inc.		207,284		69,643,278
	Mosaic Co.		838,015		45,043,306
	Newmont Corp.		2,114,647		89,491,861
#	Nucor Corp.		1,985,067		260,798,103
#	Packaging Corp. of America		118,167		14,204,855
	PPG Industries, Inc.		2,452		279,969
	Reliance Steel & Aluminum Co.		434,112		87,464,886
#	Royal Gold, Inc.		6,364		604,326
#	Sonoco Products Co.		14,629		908,168
#	Steel Dynamics, Inc.		1,686,863		158,649,465
#	Sylvamo Corp.		171,249		8,249,064
	Valvoline, Inc.		230,719		6,773,910
	Vulcan Materials Co.		428,397		70,128,589
#	Westlake Corp.		370,962		35,853,477
	WestRock Co.		591,672		20,152,348
TOTAL MATERIALS					2,073,697,671
REAL ESTATE — (0.4%)
*	CBRE Group, Inc., Class A		956,134		67,828,146
# *	Jones Lang LaSalle, Inc.		216,488		34,441,076
TOTAL REAL ESTATE					102,269,222
UTILITIES — (0.3%)
#	NRG Energy, Inc.		1,165,655		51,755,082
	Vistra Corp.		1,080,745		24,824,713
TOTAL UTILITIES					76,579,795
TOTAL COMMON STOCKS Cost ($ 16,275,340,734)					26,779,073,948
TEMPORARY CASH INVESTMENTS — (1.0%)
	State Street Institutional U.S. Government Money Market Fund 3.010%		264,660,566		264,660,566
SECURITIES LENDING COLLATERAL — (1.9%)
@ §	The DFA Short Term Investment Fund		45,100,100		521,402,250
TOTAL INVESTMENTS — (100.0%) (Cost $ 17,061,542,735)				$	27,565,136,764

† See Note B to Financial Statements.

# Total or Partial Securities on Loan.

* Non-Income Producing Securities.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

As of October 31, 2022, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		882		12/16/22	$	178,906,459	$	171,240,300	$	(7,666,159	)
Total Futures Contracts					$	178,906,459	$	171,240,300	$	(7,666,159	)

Summary of the Series’ investments as of October 31, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Common Stocks
Communication Services	$	2,030,657,504			—		—	$	2,030,657,504
Consumer Discretionary		1,399,188,599			—		—		1,399,188,599
Consumer Staples		1,634,069,451			—		—		1,634,069,451
Energy		4,288,327,183			—		—		4,288,327,183
Financials		5,331,676,302			—		—		5,331,676,302
Health Care		4,614,770,070			—		—		4,614,770,070
Industrials		3,116,672,713			—		—		3,116,672,713
Information Technology		2,111,165,438			—		—		2,111,165,438
Materials		2,073,697,671			—		—		2,073,697,671
Real Estate		102,269,222			—		—		102,269,222
Utilities		76,579,795			—		—		76,579,795
Temporary Cash Investments		264,660,566			—		—		264,660,566
Securities Lending Collateral		—		$	521,402,250		—		521,402,250
Futures Contracts**		(7,666,159	)		—		—		(7,666,159	)
TOTAL	$	27,036,068,355		$	521,402,250		—	$	27,557,470,605

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

See accompanying Notes to Financial Statements.

THE DFA INTERNATIONAL VALUE SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (94.7%)
AUSTRALIA — (7.6%)
*	AMP Ltd.		2,083,483	$	1,680,179
	Ampol Ltd.		2,567		44,773
	Ansell Ltd.		38,888		702,049
	Aurizon Holdings Ltd.		8,111,517		18,797,360
#	Australia & New Zealand Banking Group Ltd.		7,347,638		120,381,777
#	Bank of Queensland Ltd.		1,687,416		7,946,519
	Beach Energy Ltd.		5,340,476		5,460,960
#	Bendigo & Adelaide Bank Ltd.		1,066,408		6,155,959
	BlueScope Steel Ltd.		3,217,376		32,398,894
	Boral Ltd.		1		2
	Challenger Ltd.		782,323		3,515,234
	Cleanaway Waste Management Ltd.		6,684,980		11,563,210
	Downer EDI Ltd.		2,494,087		7,167,844
	Evolution Mining Ltd.		4,135,415		5,485,833
	Fortescue Metals Group Ltd.		240,333		2,264,178
#	Harvey Norman Holdings Ltd.		2,695,782		7,171,559
	IGO Ltd.		185,805		1,817,163
	Incitec Pivot Ltd.		7,095,295		17,063,831
	Lendlease Corp. Ltd.		1,303,875		7,250,535
	National Australia Bank Ltd.		5,345,044		111,027,479
#	New Hope Corp. Ltd.		534,238		1,940,709
	Newcrest Mining Ltd.		1,789,020		19,813,890
	Nine Entertainment Co. Holdings Ltd.		1,462,623		1,931,565
	Northern Star Resources Ltd.		1,370,043		7,646,345
	Orica Ltd.		657,206		5,846,003
	Origin Energy Ltd.		3,364,446		12,019,742
	OZ Minerals Ltd.		779,352		12,067,506
	Premier Investments Ltd.		19,252		308,310
	QBE Insurance Group Ltd.		976,946		7,654,334
	Qube Holdings Ltd.		608,346		1,059,102
	Rio Tinto Ltd.		539,889		30,638,482
	Santos Ltd.		9,204,868		44,935,003
#	Seven Group Holdings Ltd.		186,936		2,192,090
	Sims Ltd.		175,120		1,369,148
	Sonic Healthcare Ltd.		112,263		2,350,280
	South32 Ltd.		13,513,440		31,003,450
	Suncorp Group Ltd.		3,892,309		28,472,278
	Tabcorp Holdings Ltd.		2,857,127		1,763,935
	TPG Telecom Ltd.		450,905		1,414,489
W	Viva Energy Group Ltd.		2,028,036		3,681,361
	Westpac Banking Corp.		7,338,308		113,310,525
	Whitehaven Coal Ltd.		5,022,173		29,172,774
	Woodside Energy Group Ltd.		3,456,203		79,902,049
	Worley Ltd.		905,249		8,268,646
#	Yancoal Australia Ltd.		41,805		138,353
TOTAL AUSTRALIA					816,795,707
AUSTRIA — (0.1%)
	Erste Group Bank AG		238,396		5,875,253
	Raiffeisen Bank International AG		24,847		345,553
TOTAL AUSTRIA					6,220,806
BELGIUM — (0.6%)
#	Ageas SA		382,351		13,236,295
	KBC Group NV		557,629		27,945,987
	Solvay SA		195,222		17,616,999
TOTAL BELGIUM					58,799,281

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
CANADA — (10.1%)
#	Agnico Eagle Mines Ltd.		607,528	$	26,706,931
	AltaGas Ltd.		424,078		7,648,252
#	ARC Resources Ltd.		1,055,555		14,860,752
#	Bank of Montreal		1,333,134		122,755,038
	Bank of Nova Scotia		2,541,998		122,836,259
#	Barrick Gold Corp.		2,761,104		41,503,841
#	Canadian Imperial Bank of Commerce		1,943,976		88,281,990
	Canadian Natural Resources Ltd.		806,380		48,334,417
#	Cenovus Energy, Inc.		1,089,694		22,013,596
#	Endeavour Mining PLC		791,919		14,084,631
	Fairfax Financial Holdings Ltd.		97,836		48,050,126
	First Quantum Minerals Ltd.		1,697,220		29,936,647
	Great-West Lifeco, Inc.		464,849		10,761,799
	iA Financial Corp., Inc.		312,246		17,377,687
	IGM Financial, Inc.		17,720		474,363
	Imperial Oil Ltd.		543,164		29,591,575
#	Kinross Gold Corp.		4,622,914		16,763,090
	Lundin Mining Corp.		2,996,201		15,702,921
#	Magna International, Inc.		694,429		38,700,528
#	Manulife Financial Corp.		2,453,743		40,622,680
*	MEG Energy Corp.		90,475		1,352,792
	Nutrien Ltd.		944,511		79,811,163
	Onex Corp.		183,522		9,237,056
	Saputo, Inc.		46,660		1,135,718
	Sun Life Financial, Inc.		262,957		11,162,525
	Suncor Energy, Inc.		3,330,441		114,542,374
#	Teck Resources Ltd.,Class B		2,053,944		62,522,056
	Tourmaline Oil Corp.		409,329		23,063,159
# *	Turquoise Hill Resources Ltd.		55,248		1,553,021
	West Fraser Timber Co. Ltd.		247,686		18,596,954
#	Whitecap Resources, Inc.		1,348,132		10,449,792
TOTAL CANADA					1,090,433,733
CHINA — (0.0%)
W	BOC Aviation Ltd.		388,400		2,599,145
	Orient Overseas International Ltd.		67,000		979,080
TOTAL CHINA					3,578,225
DENMARK — (1.9%)
	AP Moller - Maersk AS, Class A		6,364		12,732,356
	AP Moller - Maersk AS, Class B		7,912		16,529,522
	Carlsberg AS, Class B		348,558		41,041,170
#	Chr Hansen Holding AS		154,310		8,570,536
	Danske Bank AS		945,349		15,249,409
# *	Demant AS		108,509		2,963,083
	DSV AS		379,252		51,247,654
*	Genmab AS		17,930		6,906,771
	ROCKWOOL AS, Class A		91		17,946
	Tryg AS		336,476		7,277,718
#	Vestas Wind Systems AS		1,991,959		39,268,811
TOTAL DENMARK					201,804,976

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
FINLAND — (1.1%)
	Nokia Oyj		4,351,573	$	19,338,011
	Nokia Oyj, Sponsored ADR		1,331,054		5,856,638
	Nordea Bank Abp		4,491,932		42,914,468
	Stora Enso Oyj, Class R		1,696,368		22,118,614
	UPM-Kymmene Oyj		700,891		23,562,164
TOTAL FINLAND					113,789,895
FRANCE — (10.2%)
*	Accor SA		268,063		6,423,178
#	Alstom SA		339,734		6,992,142
W	Amundi SA		62,742		2,960,161
	Arkema SA		235,866		18,665,970
	AXA SA		2,421,503		59,798,721
	BNP Paribas SA		1,819,966		85,345,265
	Bollore SE		1,793,750		8,971,512
	Bouygues SA		1,023,747		29,208,676
#	Carrefour SA		2,495,917		40,172,903
	Cie de Saint-Gobain		1,784,858		72,966,654
	Cie Generale des Etablissements Michelin SCA		2,521,000		64,245,287
	Credit Agricole SA		1,088,951		9,880,769
	Eiffage SA		259,883		23,499,081
	Electricite de France SA		117,821		1,391,460
	Engie SA		3,701,762		48,098,296
	Eurazeo SE		21,491		1,226,393
*	Euroapi SA		29,687		519,491
*	Faurecia SE		61,470		916,322
	Orange SA		7,137,374		68,004,272
	Publicis Groupe SA		702,589		39,348,057
*	Renault SA		540,715		16,648,184
	Rexel SA		204,641		3,651,879
	Sanofi		682,839		58,763,618
	Societe Generale SA		2,080,067		47,710,538
#	TotalEnergies SE		6,840,726		373,184,524
	Vinci SA		24,438		2,249,199
	Vivendi SE		324,425		2,655,410
* W	Worldline SA		40,901		1,785,184
TOTAL FRANCE					1,095,283,146
GERMANY — (5.5%)
	BASF SE		1,819,157		81,626,734
	Bayer AG		748,346		39,348,802
	Bayerische Motoren Werke AG		1,003,964		78,803,005
*	Commerzbank AG		4,359,162		34,828,398
#	Continental AG		251,046		13,003,094
W	Covestro AG		638,137		21,662,206
# *	Daimler Truck Holding AG		1,284,137		34,251,242
	Deutsche Bank AG		3,421,901		32,688,246
# *	Deutsche Lufthansa AG		524,114		3,583,370
W	DWS Group GmbH & Co. KGaA		17,259		466,620
	E.ON SE		142,220		1,190,948
	Evonik Industries AG		449,221		8,275,420
#	Fresenius Medical Care AG & Co. KGaA		334,517		9,252,932
	Fresenius SE & Co. KGaA		862,748		19,854,539
#	HeidelbergCement AG		448,245		20,613,343
	K&S AG		30,775		679,481
	Mercedes-Benz Group AG		2,636,283		152,592,147
	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen		7,068		1,865,781
	RTL Group SA		3,228		109,577

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
*	Siemens Energy AG		410,242	$	4,782,444
*	Talanx AG		162,600		6,106,338
#	Telefonica Deutschland Holding AG		4,563,070		9,942,468
	Volkswagen AG		111,321		19,028,300
TOTAL GERMANY					594,555,435
HONG KONG — (2.0%)
	Bank of East Asia Ltd.		510,881		489,621
	BOC Hong Kong Holdings Ltd.		6,049,000		18,796,094
# *	Cathay Pacific Airways Ltd.		7,360,999		6,675,161
	CK Asset Holdings Ltd.		4,895,803		27,066,771
	CK Hutchison Holdings Ltd.		7,469,484		37,181,816
	CK Infrastructure Holdings Ltd.		743,000		3,529,785
	Hang Lung Properties Ltd.		6,065,000		7,629,545
	Hang Seng Bank Ltd.		368,300		5,184,846
	Henderson Land Development Co. Ltd.		2,620,485		6,415,628
	HKT Trust & HKT Ltd.		1,300,000		1,470,227
	MTR Corp. Ltd.		2,867,933		12,619,448
	New World Development Co. Ltd.		4,946,042		10,117,002
	Sino Land Co. Ltd.		11,469,651		12,247,473
	Sun Hung Kai Properties Ltd.		3,517,920		37,804,682
	Swire Pacific Ltd., Class A		1,036,500		6,875,633
	Swire Pacific Ltd., Class B		2,672,500		2,753,875
W	WH Group Ltd.		30,841,696		15,575,397
	Xinyi Glass Holdings Ltd.		1,224,000		1,573,030
TOTAL HONG KONG					214,006,034
IRELAND — (0.4%)
	AIB Group PLC		220,530		637,974
	Bank of Ireland Group PLC		509,669		3,669,934
	CRH PLC		293,793		10,581,784
#	CRH PLC, Sponsored ADR		728,717		26,386,842
# *	Flutter Entertainment PLC		39,961		5,294,275
TOTAL IRELAND					46,570,809
ISRAEL — (0.6%)
	Bank Hapoalim BM		1,986,735		19,150,643
	Bank Leumi Le-Israel BM		493,637		4,709,171
	Harel Insurance Investments & Financial Services Ltd.		600,083		5,776,383
	Israel Discount Bank Ltd., Class A		2,663,342		15,143,995
	Migdal Insurance & Financial Holdings Ltd.		303,753		364,346
	Phoenix Holdings Ltd.		796,823		8,631,288
# *	Teva Pharmaceutical Industries Ltd., Sponsored ADR		1,236,857		11,032,764
TOTAL ISRAEL					64,808,590
ITALY — (2.0%)
	Eni SpA		2,863,752		37,611,711
#	Intesa Sanpaolo SpA		26,193,710		49,939,026
	Mediobanca Banca di Credito Finanziario SpA		830,884		7,527,464
	Stellantis NV		3,233,234		43,621,391
	Stellantis NV		1,607,929		21,739,200
*	Telecom Italia SpA		3,714,140		726,641
*	Telecom Italia SpA, Sponsored ADR		1,610,365		3,124,108
	UniCredit SpA		3,981,409		49,374,501
	UnipolSai Assicurazioni SpA		108,539		244,731
TOTAL ITALY					213,908,773

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (18.6%)
	Acom Co. Ltd.		117,400	$	256,478
	AEON Financial Service Co. Ltd.		34,400		336,659
	AGC, Inc.		895,500		28,060,450
	Air Water, Inc.		37,000		413,098
	Aisin Corp.		609,000		15,632,867
	Alfresa Holdings Corp.		202,200		2,327,903
	Alps Alpine Co. Ltd.		312,378		2,683,505
	Amada Co. Ltd.		907,100		6,380,151
	Aozora Bank Ltd.		253,300		4,357,206
	Asahi Group Holdings Ltd.		147,200		4,118,763
	Asahi Kasei Corp.		2,388,200		15,312,932
	Bank of Kyoto Ltd.		113,679		4,096,514
	Bridgestone Corp.		601,100		21,739,651
	Brother Industries Ltd.		498,800		8,497,509
	Canon Marketing Japan, Inc.		158,500		3,344,666
	Canon, Inc.		652,000		13,820,757
	Chiba Bank Ltd.		1,064,000		5,829,785
	Coca-Cola Bottlers Japan Holdings, Inc.		205,857		1,859,907
	COMSYS Holdings Corp.		23,300		381,721
	Concordia Financial Group Ltd.		2,530,100		7,719,893
#	Cosmo Energy Holdings Co. Ltd.		273,700		7,050,333
	Credit Saison Co. Ltd.		393,600		4,206,937
	Dai Nippon Printing Co. Ltd.		457,000		9,154,042
	Daicel Corp.		457,800		2,612,123
	Dai-ichi Life Holdings, Inc.		1,226,047		19,472,990
	Daiwa House Industry Co. Ltd.		444,500		8,955,489
	Daiwa Securities Group, Inc.		3,723,000		14,525,920
	DeNA Co. Ltd.		29,600		386,057
	Denka Co. Ltd.		234,800		5,439,389
	DIC Corp.		246,600		4,140,504
	Dowa Holdings Co. Ltd.		195,100		6,194,821
	Ebara Corp.		13,400		435,394
	ENEOS Holdings, Inc.		8,814,203		29,075,018
	Ezaki Glico Co. Ltd.		8,100		182,234
	Fuji Media Holdings, Inc.		30,600		212,826
	FUJIFILM Holdings Corp.		24,800		1,134,597
	Fujikura Ltd.		47,500		281,246
	Fukuoka Financial Group, Inc.		386,600		6,578,234
	Hankyu Hanshin Holdings, Inc.		581,700		17,276,918
	Haseko Corp.		510,100		5,253,122
*	Hino Motors Ltd.		840,100		3,491,268
	Hitachi Construction Machinery Co. Ltd.		209,100		4,090,837
	Hitachi Ltd.		253,600		11,506,798
	Honda Motor Co. Ltd.		3,522,000		80,310,312
	House Foods Group, Inc.		2,800		52,367
	Hulic Co. Ltd.		28,500		207,034
	Idemitsu Kosan Co. Ltd.		602,938		13,192,422
	IHI Corp.		83,100		1,853,463
	Iida Group Holdings Co. Ltd.		674,550		9,366,371
	Inpex Corp.		2,704,683		27,296,730
	Isetan Mitsukoshi Holdings Ltd.		549,300		4,878,955
	Isuzu Motors Ltd.		1,471,000		17,298,458
	ITOCHU Corp.		658,700		17,023,796
	Iwatani Corp.		79,600		2,930,985
	J Front Retailing Co. Ltd.		712,300		5,757,543
	Japan Post Bank Co., Ltd.		56,300		375,134
	Japan Post Holdings Co. Ltd.		1,397,610		9,398,335
	Japan Post Insurance Co. Ltd.		134,400		1,989,543
	JFE Holdings, Inc.		1,387,295		12,709,171

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
	JGC Holdings Corp.		257,700	$	3,099,501
#	JTEKT Corp.		572,800		4,043,872
	Kajima Corp.		814,700		7,668,918
	Kamigumi Co. Ltd.		342,200		6,507,510
	Kaneka Corp.		231,308		5,735,815
	Kawasaki Heavy Industries Ltd.		677,300		11,519,110
#	Kawasaki Kisen Kaisha Ltd.		101,100		1,532,999
	Kewpie Corp.		7,000		110,511
	Kinden Corp.		222,800		2,267,070
	Kobe Steel Ltd.		60,200		246,874
	Koito Manufacturing Co. Ltd.		61,600		874,525
	Kokuyo Co. Ltd.		20,200		250,551
	Komatsu Ltd.		1,056,900		20,704,869
	Konica Minolta, Inc.		5,300		16,149
	K’s Holdings Corp.		403,300		3,160,424
	Kuraray Co. Ltd.		1,408,691		9,686,908
	Kyocera Corp.		179,600		8,697,386
	Lixil Corp.		961,800		14,528,256
	Mabuchi Motor Co. Ltd.		73,100		1,983,526
	Makita Corp.		122,700		2,242,160
	Marubeni Corp.		2,948,900		25,814,415
	Maruichi Steel Tube Ltd.		15,500		292,573
	Mazda Motor Corp.		944,400		6,358,607
	Mebuki Financial Group, Inc.		1,302,120		2,532,211
	Medipal Holdings Corp.		329,250		4,082,057
	Mitsubishi Chemical Group Corp.		3,775,900		17,057,065
	Mitsubishi Corp.		1,963,400		53,186,304
	Mitsubishi Electric Corp.		2,250,900		19,804,783
	Mitsubishi Estate Co. Ltd.		84,800		1,066,385
	Mitsubishi Gas Chemical Co., Inc.		727,100		9,239,413
	Mitsubishi HC Capital, Inc.		2,653,300		11,385,461
	Mitsubishi Heavy Industries Ltd.		724,500		24,954,718
	Mitsubishi Logistics Corp.		89,600		1,966,127
	Mitsubishi Materials Corp.		79,200		1,035,182
*	Mitsubishi Motors Corp.		1,740,000		5,861,598
#	Mitsubishi UFJ Financial Group, Inc., Sponsored ADR		1,968,045		9,269,492
	Mitsubishi UFJ Financial Group, Inc.		10,193,750		48,153,735
	Mitsui & Co. Ltd., Sponsored ADR		10,506		4,635,983
	Mitsui & Co. Ltd.		1,738,400		38,469,354
	Mitsui Chemicals, Inc.		823,660		15,245,060
	Mitsui Fudosan Co. Ltd.		940,400		18,007,122
#	Mitsui OSK Lines Ltd.		885,300		17,524,680
	Mizuho Financial Group, Inc.		2,369,480		25,627,020
	MS&AD Insurance Group Holdings, Inc.		445,453		11,796,132
	Nagase & Co. Ltd.		21,700		295,647
	NEC Corp.		780,910		25,848,818
	NGK Insulators Ltd.		296,700		3,461,320
	NGK Spark Plug Co. Ltd.		315,000		5,746,877
	NH Foods Ltd.		317,767		7,572,856
	Nikon Corp.		695,200		6,723,370
	Nippon Electric Glass Co. Ltd.		131,500		2,277,000
	Nippon Express Holdings, Inc.		308,324		15,492,628
	Nippon Shokubai Co. Ltd.		84,400		3,027,491
#	Nippon Steel Corp.		1,185,793		16,267,325
#	Nippon Yusen KK		709,500		12,852,207
	Nissan Motor Co. Ltd.		4,749,500		15,138,096
	Nisshin Seifun Group, Inc.		188,500		2,036,858
	Nomura Holdings, Inc.		3,219,302		10,417,526
	Nomura Real Estate Holdings, Inc.		521,500		11,787,885

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
	NSK Ltd.		1,027,500	$	5,430,571
	Obayashi Corp.		2,342,282		15,034,320
	Oji Holdings Corp.		3,568,100		12,369,618
	ORIX Corp.		2,086,100		30,639,991
	Otsuka Holdings Co. Ltd.		146,200		4,686,367
	Panasonic Holdings Corp.		3,551,799		25,298,082
	Resona Holdings, Inc.		2,821,139		10,632,736
#	Ricoh Co. Ltd.		1,414,100		10,362,225
	Rinnai Corp.		12,700		864,429
	Rohm Co. Ltd.		93,500		6,569,738
	Sankyo Co. Ltd.		30,300		1,000,562
	Santen Pharmaceutical Co. Ltd.		156,700		1,072,298
	SBI Holdings, Inc.		248,599		4,490,707
	Seiko Epson Corp.		794,400		10,784,898
	Seino Holdings Co. Ltd.		437,400		3,360,897
	Sekisui Chemical Co. Ltd.		206,700		2,581,275
	Sekisui House Ltd.		1,537,800		25,531,783
	Shimamura Co. Ltd.		61,300		4,957,170
	Shimizu Corp.		936,400		4,672,627
	Shinsei Bank Ltd.		61,300		912,185
	Shizuoka Financial Group, Inc.		851,000		5,373,911
#	Showa Denko KK		515,700		7,528,473
	Sohgo Security Services Co. Ltd.		15,800		393,853
	Sojitz Corp.		666,340		9,823,159
	Sompo Holdings, Inc.		490,056		20,431,555
	Stanley Electric Co. Ltd.		335,400		5,701,966
	Subaru Corp.		1,010,984		15,802,509
	Sumitomo Chemical Co. Ltd.		8,266,400		27,835,099
	Sumitomo Corp.		1,312,600		16,688,087
	Sumitomo Electric Industries Ltd.		2,834,000		29,616,198
	Sumitomo Forestry Co. Ltd.		598,600		9,364,241
	Sumitomo Heavy Industries Ltd.		487,894		9,247,903
	Sumitomo Metal Mining Co. Ltd.		584,364		16,380,210
	Sumitomo Mitsui Financial Group, Inc.		1,282,500		36,014,598
	Sumitomo Mitsui Trust Holdings, Inc.		467,344		13,445,014
	Sumitomo Pharma Co. Ltd.		333,431		2,322,650
#	Sumitomo Realty & Development Co. Ltd.		350,800		8,045,215
	Sumitomo Rubber Industries Ltd.		756,200		6,487,361
	Suzuken Co. Ltd.		85,000		1,892,418
	Suzuki Motor Corp.		428,500		14,487,502
	T&D Holdings, Inc.		1,301,400		12,871,108
	Taiheiyo Cement Corp.		130,700		1,776,099
	Taisei Corp.		184,000		5,012,274
	Taisho Pharmaceutical Holdings Co. Ltd.		38,900		1,403,046
	Takeda Pharmaceutical Co. Ltd.		2,595,871		68,554,353
	TBS Holdings, Inc.		70,800		733,409
	TDK Corp.		361,500		11,292,665
	Teijin Ltd.		818,590		7,431,976
	THK Co. Ltd.		92,400		1,611,445
	Toda Corp.		717,800		3,587,751
	Tokai Carbon Co. Ltd.		40,000		261,037
	Tokyo Century Corp.		100,200		3,417,560
	Tokyo Tatemono Co. Ltd.		870,300		11,968,649
	Tokyu Fudosan Holdings Corp.		2,556,700		12,971,603
	Toppan, Inc.		599,800		8,945,517
	Toray Industries, Inc.		2,891,600		14,045,510
	Tosoh Corp.		1,241,700		13,509,050
	Toyo Seikan Group Holdings Ltd.		416,349		4,761,967
	Toyo Tire Corp.		52,000		610,036

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
JAPAN — (Continued)
	Toyoda Gosei Co. Ltd.		272,500	$	4,356,385
	Toyota Boshoku Corp.		47,400		603,145
	Toyota Industries Corp.		155,700		8,020,918
	Toyota Motor Corp.		12,080,750		167,615,564
	Toyota Tsusho Corp.		584,300		19,612,549
	Tsumura & Co.		24,700		515,893
	UBE Corp.		71,800		926,062
	Yamada Holdings Co. Ltd.		1,918,800		6,183,357
	Yamaha Motor Co. Ltd.		893,600		18,446,185
	Yamato Kogyo Co. Ltd.		9,200		267,166
	Yamazaki Baking Co. Ltd.		325,600		3,317,644
	Yokohama Rubber Co. Ltd.		563,500		8,811,511
	Z Holdings Corp.		1,456,300		3,758,358
	Zeon Corp.		404,300		3,407,951
TOTAL JAPAN					1,999,398,590
NETHERLANDS — (3.8%)
W	ABN AMRO Bank NV		509,108		5,004,853
	Aegon NV		3,153,912		14,599,955
	Aegon NV, Class NY		413,726		1,907,277
#	Akzo Nobel NV		420,445		25,956,335
	ArcelorMittal SA		652,213		14,579,331
#	ArcelorMittal SA		931,574		20,913,839
	ASR Nederland NV		366,024		16,117,088
	Coca-Cola Europacific Partners PLC		84,349		3,981,556
#	Heineken NV		169,387		14,149,606
	ING Groep NV		4,971,616		48,918,640
	JDE Peet’s NV		244,766		7,006,451
	Koninklijke Ahold Delhaize NV		4,054,901		113,084,163
	Koninklijke DSM NV		327,831		38,562,867
	Koninklijke KPN NV		4,007,248		11,208,695
	Koninklijke Philips NV		991,539		12,577,551
	Koninklijke Philips NV		33,022		417,728
#	NN Group NV		695,023		29,428,966
#	OCI NV		84,204		3,220,625
	Prosus NV		85,856		3,712,556
	Randstad NV		338,457		16,868,423
	Stellantis NV		208,034		2,812,620
TOTAL NETHERLANDS					405,029,125
NEW ZEALAND — (0.2%)
*	Auckland International Airport Ltd.		1,979,607		8,849,674
	Chorus Ltd.		297,294		1,435,249
	EBOS Group Ltd.		228,415		4,979,690
	Fletcher Building Ltd.		1,485,793		4,436,475
#	Fonterra Co-operative Group Ltd.		293,628		508,560
	Ryman Healthcare Ltd.		183,927		895,777
	Summerset Group Holdings Ltd.		437,306		2,460,434
TOTAL NEW ZEALAND					23,565,859
NORWAY — (0.9%)
*	Adevinta ASA		53,248		364,502
#	Aker ASA, Class A		9,016		636,202
	Austevoll Seafood ASA		164,785		1,221,061
	DNB Bank ASA		1,885,402		33,346,874
W	Elkem ASA		763,849		2,537,700
#	Frontline Ltd.		84,273		1,053,179
#	Golden Ocean Group Ltd.		787,356		6,463,225

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
NORWAY — (Continued)
	Norsk Hydro ASA		2,813,185	$	17,853,372
	Orkla ASA		344,624		2,324,543
	Schibsted ASA, Class A		14,016		216,323
	Schibsted ASA, Class B		16,720		248,579
	SpareBank 1 SR-Bank ASA		329,406		3,354,402
	Storebrand ASA		1,260,839		9,808,510
	Subsea 7 SA		453,890		4,528,412
	Wallenius Wilhelmsen ASA		587,212		4,174,824
	Yara International ASA		290,501		12,965,471
TOTAL NORWAY					101,097,179
PORTUGAL — (0.1%)
* ††	Banco Espirito Santo SA		2,631,973		0
	EDP Renovaveis SA		398,808		8,391,909
	Galp Energia SGPS SA		553,452		5,619,252
TOTAL PORTUGAL					14,011,161
SINGAPORE — (1.1%)
	City Developments Ltd.		1,511,600		8,149,960
	Frasers Property Ltd.		492,700		311,574
	Hongkong Land Holdings Ltd.		2,134,200		8,216,422
	Keppel Corp. Ltd.		6,501,200		31,999,025
	Olam Group Ltd.		399,410		378,142
	Oversea-Chinese Banking Corp. Ltd.		2,424,400		20,811,249
*	Singapore Airlines Ltd.		3,794,200		14,073,850
	Singapore Land Group Ltd.		987,470		1,516,206
	UOL Group Ltd.		1,698,674		7,419,450
	Wilmar International Ltd.		6,663,900		18,256,101
	Yangzijiang Shipbuilding Holdings Ltd.		8,315,000		7,048,836
TOTAL SINGAPORE					118,180,815
SPAIN — (1.9%)
#	Banco Bilbao Vizcaya Argentaria SA		7,144,740		36,858,199
#	Banco Bilbao Vizcaya Argentaria SA, Sponsored ADR		1,205,842		6,210,086
#	Banco Santander SA		31,583,925		81,912,138
	CaixaBank SA		3,327,631		11,034,568
	Repsol SA		4,619,638		62,847,702
TOTAL SPAIN					198,862,693
SWEDEN — (2.5%)
	Billerud AB		643,038		8,301,425
	Boliden AB		1,135,291		33,015,282
	Bure Equity AB		95,599		1,844,873
W	Dometic Group AB		200,998		1,150,809
#	Electrolux AB, Class B		367,325		4,531,753
	Essity AB, Class B		97,665		2,063,501
	Getinge AB, Class B		79,109		1,605,357
	Holmen AB, Class A		5,562		209,122
	Holmen AB, Class B		176,174		6,393,428
#	Husqvarna AB, Class B		324,042		1,923,885
#	Intrum AB		175,698		2,210,666
	Loomis AB		81,723		2,288,123
*	Millicom International Cellular SA, SDR		349,452		3,792,748
*	Pandox AB		106,891		1,309,002
	Peab AB, Class B		334,177		1,733,923
	Saab AB, Class B		158,640		5,605,391
#	Securitas AB, Class B		531,310		4,341,231

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
	Skandinaviska Enskilda Banken AB, Class A		2,605,519	$	27,471,007
#	Skandinaviska Enskilda Banken AB, Class C		14,462		164,955
	Skanska AB, Class B		802,330		12,477,311
	SKF AB, Class B		1,179,544		17,074,621
	SSAB AB, Class A		729,061		3,506,832
	SSAB AB, Class B		2,046,233		9,507,659
	Svenska Cellulosa AB SCA, Class A		34,534		416,780
	Svenska Cellulosa AB SCA, Class B		581,885		6,864,953
	Svenska Handelsbanken AB, Class A		1,224,329		11,375,275
#	Svenska Handelsbanken AB, Class B		37,204		406,824
#	Swedbank AB, Class A		973,315		14,510,227
	Tele2 AB, Class B		109,932		901,004
	Telefonaktiebolaget LM Ericsson, Class B		1,113,229		6,188,823
#	Telia Co. AB		6,786,020		17,981,356
	Trelleborg AB, Class B		788,808		17,368,807
	Volvo AB, Class A		268,270		4,582,489
	Volvo AB, Class B		2,261,068		37,006,733
TOTAL SWEDEN					270,126,175
SWITZERLAND — (8.8%)
	ABB Ltd.		912,685		25,345,535
	Accelleron Industries AG		45,634		773,825
	Alcon, Inc.		571,377		34,773,531
	Baloise Holding AG		105,344		14,392,321
	Barry Callebaut AG		484		915,685
	Cie Financiere Richemont SA, Class A		922,306		90,140,218
#	Credit Suisse Group AG		1,363,427		5,647,941
#	Credit Suisse Group AG, Sponsored ADR		1,042,624		4,295,611
	Holcim AG		1,372,633		62,257,051
	Julius Baer Group Ltd.		716,015		34,353,585
#	Novartis AG, Sponsored ADR		1,596,183		129,498,327
	Novartis AG		1,706,093		138,007,072
	SIG Group AG		479,021		9,208,255
	Swatch Group AG		47,812		10,743,806
	Swatch Group AG		123,912		5,176,883
	Swiss Life Holding AG		69,548		33,676,676
	Swiss Prime Site AG		120,516		9,724,788
	Swiss Re AG		399,672		29,689,539
	Swisscom AG		94,854		46,837,870
*	UBS Group AG		7,263,744		115,167,715
	Zurich Insurance Group AG		348,909		148,695,901
TOTAL SWITZERLAND					949,322,135
UNITED KINGDOM — (14.7%)
	3i Group PLC		795,146		10,590,043
	Abrdn Plc		1,691,534		3,082,278
	Airtel Africa PLC		31,927		41,326
	Anglo American PLC		1,391,761		41,689,088
	Associated British Foods PLC		371,994		5,765,637
	Aviva PLC		9,753,485		46,783,804
#	Barclays PLC, Sponsored ADR		7,035,082		48,682,767
	Barclays PLC		191,609		325,592
	Barratt Developments PLC		1,021,479		4,405,726
	Bellway PLC		17,101		363,690
	Berkeley Group Holdings PLC		7,801		310,381
#	BP PLC, Sponsored ADR		2,518,588		83,818,609
	BP PLC		7,690,578		42,548,901
#	British American Tobacco PLC, Sponsored ADR		838,885		33,236,624

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

		Shares		Value»
UNITED KINGDOM — (Continued)
	British American Tobacco PLC		3,024,009	$	119,428,540
	BT Group PLC		22,408,140		33,393,292
	DS Smith PLC		2,580,437		8,605,552
	Glencore PLC		23,897,614		137,006,665
*	Haleon PLC		10,146		31,112
	HSBC Holdings PLC		13,535,003		69,462,304
#	HSBC Holdings PLC, Sponsored ADR		2,324,211		60,220,307
	Investec PLC		1,183,350		5,930,587
	J Sainsbury PLC		7,868,098		17,538,720
	Johnson Matthey PLC		31,950		709,213
	Kingfisher PLC		7,975,671		20,038,335
	Lloyds Banking Group PLC		164,752,825		79,125,348
#	Lloyds Banking Group PLC, ADR		1,844,768		3,523,507
	M&G PLC		2,956,890		5,942,237
	Melrose Industries PLC		4,376,981		5,871,206
	NatWest Group PLC		5,527,508		14,887,243
#	NatWest Group PLC, Sponsored ADR		637,445		3,454,952
	Pearson PLC		309,149		3,417,059
#	Pearson PLC, Sponsored ADR		1,015,920		11,297,030
	Phoenix Group Holdings PLC		710,707		4,423,421
	Shell PLC		307,658		8,522,614
	Shell PLC, Sponsored ADR		9,015,405		501,526,980
	Standard Chartered PLC		5,983,569		35,750,245
	Taylor Wimpey PLC		1,897,348		2,039,892
	Tesco PLC		12,704,903		31,379,592
	Vodafone Group PLC		51,300,878		59,888,735
#	Vodafone Group PLC, Sponsored ADR		1,760,686		20,793,705
TOTAL UNITED KINGDOM					1,585,852,859
TOTAL COMMON STOCKS					10,186,002,001
PREFERRED STOCKS — (0.8%)
GERMANY — (0.8%)
	Bayerische Motoren Werke AG		152,008		11,209,656
	Porsche Automobil Holding SE		307,547		17,183,337
	Volkswagen AG		489,153		62,612,238
TOTAL GERMANY					91,005,231
TOTAL INVESTMENT SECURITIES (Cost $10,555,431,050)					10,277,007,232
				Value†
SECURITIES LENDING COLLATERAL — (4.5%)
@ §	The DFA Short Term Investment Fund		41,765,646		482,852,631
TOTAL INVESTMENTS — (100.0%) (Cost $11,038,476,605)				$	10,759,859,863

ADR American Depositary Receipt

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

As of October 31, 2022, The DFA International Value Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
S&P 500® Emini Index		842		12/16/22	$	157,956,087	$	163,474,300	$	5,518,213
Total Futures Contracts					$	157,956,087	$	163,474,300	$	5,518,213

Summary of the Series’ investments as of October 31, 2022, 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		—	$	816,795,707		—	$	816,795,707
Austria		—		6,220,806		—		6,220,806
Belgium		—		58,799,281		—		58,799,281
Canada	$	1,090,433,733		—		—		1,090,433,733
China		—		3,578,225		—		3,578,225
Denmark		—		201,804,976		—		201,804,976
Finland		5,856,638		107,933,257		—		113,789,895
France		—		1,095,283,146		—		1,095,283,146
Germany		14,207,408		580,348,027		—		594,555,435
Hong Kong		—		214,006,034		—		214,006,034
Ireland		26,386,842		20,183,967		—		46,570,809
Israel		11,032,764		53,775,826		—		64,808,590
Italy		24,863,308		189,045,465		—		213,908,773
Japan		13,905,475		1,985,493,115		—		1,999,398,590
Netherlands		26,051,464		378,977,661		—		405,029,125
New Zealand		—		23,565,859		—		23,565,859
Norway		—		101,097,179		—		101,097,179
Portugal		—		14,011,161		—		14,011,161
Singapore		—		118,180,815		—		118,180,815
Spain		6,210,086		192,652,607		—		198,862,693
Sweden		—		270,126,175		—		270,126,175
Switzerland		158,548,612		790,773,523		—		949,322,135
United Kingdom		766,554,481		819,298,378		—		1,585,852,859
Preferred Stocks
Germany		—		91,005,231		—		91,005,231
Securities Lending Collateral		—		482,852,631		—		482,852,631
Futures Contracts**		5,518,213		—		—		5,518,213
TOTAL	$	2,149,569,024	$	8,615,809,052		—	$	10,765,378,076

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

THE JAPANESE SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (97.8%)
COMMUNICATION SERVICES — (2.4%)
#	Accrete, Inc.		20,600	$	328,627
	Aiming, Inc.		51,100		103,442
	Akatsuki, Inc.		45,400		659,526
*	Allied Architects, Inc.		30,400		215,866
*	AlphaPolis Co. Ltd.		13,000		199,377
	Amuse, Inc.		34,600		419,694
	ARTERIA Networks Corp.		86,500		698,461
	Asahi Broadcasting Group Holdings Corp.		57,600		240,106
#	Asahi Net, Inc.		109,100		443,832
*	Atrae, Inc.		96,000		989,561
	Avex, Inc.		234,900		2,633,117
# *	Bengo4.com, Inc.		46,600		993,005
	Broadmedia Corp.		5,520		36,968
	Broccoli Co. Ltd.		4,400		33,579
#	Carta Holdings, Inc.		38,100		436,506
#	Ceres, Inc.		18,800		105,734
*	COLOPL, Inc.		179,900		847,346
# *	COOKPAD, Inc.		190,600		264,899
#	Cross Marketing Group, Inc.		22,900		133,801
	DeNA Co. Ltd.		411,700		5,369,580
	Digital Holdings, Inc.		60,500		467,103
	Direct Marketing MiX, Inc.		38,200		431,648
	Drecom Co. Ltd.		24,400		125,642
#	Enjin Co. Ltd.		6,600		90,566
#	Faith, Inc.		56,010		215,334
#	Fibergate, Inc.		22,300		136,877
# *	FreakOut Holdings, Inc.		23,400		210,831
	Freebit Co. Ltd.		63,100		466,821
	Fuji Media Holdings, Inc.		132,700		922,941
	Gakken Holdings Co. Ltd.		132,500		873,711
	GungHo Online Entertainment, Inc.		291,600		4,310,169
	Imagica Group, Inc.		112,500		669,172
	Imagineer Co. Ltd.		1,600		9,854
#	i-mobile Co. Ltd.		6,600		52,689
	Infocom Corp.		146,900		2,108,505
	Intage Holdings, Inc.		215,000		2,365,514
	IPS, Inc.		17,200		348,610
	ITmedia, Inc.		56,800		656,707
*	Japan Communications, Inc.		903,800		1,359,588
	J-Stream, Inc.		32,200		130,236
	Kamakura Shinsho Ltd.		25,700		138,325
*	LIFULL Co. Ltd.		444,000		491,356
# *	Macbee Planet, Inc.		3,400		197,110
	Macromill, Inc.		243,197		1,812,692
	MarkLines Co. Ltd.		72,900		1,254,183
	Marvelous, Inc.		195,700		887,884
#	Members Co. Ltd.		50,400		924,566
	Mixi, Inc.		256,400		4,019,585
# *	Mobile Factory, Inc.		10,500		72,001
	MTI Ltd.		49,200		168,128
*	NexTone, Inc.		31,200		918,765
	Okinawa Cellular Telephone Co.		161,600		3,055,947
#	Orchestra Holdings, Inc.		4,800		80,582
	Oricon, Inc.		27,800		180,791
*	PR Times, Inc.		11,900		191,267

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
COMMUNICATION SERVICES — (Continued)
	Proto Corp.		157,900	$	1,236,791
*	Shobunsha Holdings, Inc.		28,100		55,955
	SKY Perfect JSAT Holdings, Inc.		917,800		3,214,623
	Toei Co. Ltd.		700		85,982
	Tohokushinsha Film Corp.		94,800		407,399
	Tokyu Recreation Co. Ltd.		19,200		792,840
#	Tow Co. Ltd.		226,900		468,347
	Trenders, Inc.		13,300		163,263
	TV Asahi Holdings Corp.		98,500		922,637
	Tv Tokyo Holdings Corp.		67,800		866,986
	Usen-Next Holdings Co. Ltd.		79,900		1,224,187
*	UUUM Co. Ltd.		11,600		75,801
	ValueCommerce Co. Ltd.		105,000		1,531,721
#	V-Cube, Inc.		80,700		547,236
	Vector, Inc.		201,500		1,497,424
	Wowow, Inc.		37,900		318,920
	Zenrin Co. Ltd.		215,250		1,266,974
	ZIGExN Co. Ltd.		113,900		280,193
TOTAL COMMUNICATION SERVICES					60,456,006
CONSUMER DISCRETIONARY — (14.4%)
	&Do Holdings Co. Ltd.		59,500		351,394
	Adastria Co. Ltd.		148,840		2,021,266
#	Adventure, Inc.		8,800		644,036
#	Aeon Fantasy Co. Ltd.		48,932		969,939
#	Ahresty Corp.		141,200		349,867
	Ainavo Holdings Co. Ltd.		5,600		33,565
# *	Airtrip Corp.		85,100		1,419,101
	Aisan Industry Co. Ltd.		213,700		1,012,902
*	Akebono Brake Industry Co. Ltd.		610,100		713,627
	Alleanza Holdings Co. Ltd.		80,800		516,370
	Alpen Co. Ltd.		98,500		1,338,680
#	Alpha Corp.		31,700		201,134
	Amiyaki Tei Co. Ltd.		28,200		551,515
	AOKI Holdings, Inc.		234,900		1,135,373
	Aoyama Trading Co. Ltd.		245,000		1,709,104
	Arata Corp.		87,800		2,424,229
#	Arcland Service Holdings Co. Ltd.		94,800		1,389,652
#	ARCLANDS Corp.		31,200		309,449
	Asahi Co. Ltd.		110,100		957,115
	Ashimori Industry Co. Ltd.		29,499		205,361
	ASKUL Corp.		241,600		2,523,197
	Asti Corp.		19,400		266,924
*	Atsugi Co. Ltd.		18,000		44,758
	Aucnet, Inc.		65,100		978,522
	Autobacs Seven Co. Ltd.		436,500		4,151,823
#	Avantia Co. Ltd.		66,500		347,842
#	Baroque Japan Ltd.		90,200		478,368
#	Beauty Garage, Inc.		21,700		392,195
*	Beenos, Inc.		30,500		554,320
	Belluna Co. Ltd.		323,600		1,559,495
	Benesse Holdings, Inc.		362,043		5,341,033
#	Bic Camera, Inc.		557,300		4,332,829
#	Bike O & Co. Ltd.		33,600		248,966
#	Bookoff Group Holdings Ltd.		66,600		510,618
	Central Automotive Products Ltd.		80,500		1,214,441
	Central Sports Co. Ltd.		45,200		728,186
	Chiyoda Co. Ltd.		110,800		546,574
	Chofu Seisakusho Co. Ltd.		122,400		1,671,554

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Chuo Spring Co. Ltd.		81,700	$	379,850
	Cleanup Corp.		139,400		569,903
#	Colowide Co. Ltd.		238,500		2,926,658
#	Corona Corp.		97,200		551,543
#	Create Restaurants Holdings, Inc.		619,500		3,910,501
*	CROOZ, Inc.		9,100		62,127
*	CrowdWorks, Inc.		4,200		49,876
	Curves Holdings Co. Ltd.		186,100		1,081,571
	Daido Metal Co. Ltd.		227,200		782,335
#	Daikoku Denki Co. Ltd.		50,900		488,700
	Daikyonishikawa Corp.		258,900		1,043,926
	Daimaruenawin Co. Ltd.		3,400		26,265
	Dainichi Co. Ltd.		67,100		293,205
	DCM Holdings Co. Ltd.		729,200		5,681,710
	Doshisha Co. Ltd.		134,600		1,368,151
	Doutor Nichires Holdings Co. Ltd.		186,086		2,076,002
	Eagle Industry Co. Ltd.		168,200		1,247,497
	EAT & Holdings Co. Ltd.		33,000		475,343
#	EDION Corp.		526,900		4,182,106
	Enigmo, Inc.		152,100		561,332
#	ES-Con Japan Ltd.		44,600		243,060
#	Eslead Corp.		47,700		602,930
	Exedy Corp.		184,900		2,167,661
	FCC Co. Ltd.		231,100		2,246,969
	Felissimo Corp.		20,600		135,468
#	First Juken Co. Ltd.		46,400		324,625
	First-corp, Inc.		45,300		218,743
	FJ Next Holdings Co. Ltd.		106,600		711,252
	Food & Life Cos. Ltd.		265,000		4,457,576
	Foster Electric Co. Ltd.		143,200		748,344
#	F-Tech, Inc.		42,300		147,843
#	Fuji Corp.		72,800		620,617
	Fuji Corp. Ltd.		171,000		715,114
	Fuji Kyuko Co. Ltd.		66,500		2,056,314
	Fujibo Holdings, Inc.		64,800		1,467,291
	Fujikura Composites, Inc.		119,200		648,185
	Fujishoji Co. Ltd.		52,700		308,913
	FuKoKu Co. Ltd.		66,400		461,178
	Furukawa Battery Co. Ltd.		88,000		621,455
	Furyu Corp.		115,400		906,576
	Futaba Industrial Co. Ltd.		341,300		856,661
#	Gakkyusha Co. Ltd.		49,300		547,369
#	Genki Sushi Co. Ltd.		32,500		677,158
	Geo Holdings Corp.		186,600		2,441,418
	Gift Holdings, Inc.		23,300		541,902
	GLOBERIDE, Inc.		106,198		1,659,874
	Golf Digest Online, Inc.		64,100		626,687
	GSI Creos Corp.		63,184		610,561
	G-Tekt Corp.		143,700		1,284,523
	Gunze Ltd.		98,000		2,517,312
	H2O Retailing Corp.		542,045		4,561,538
#	Hagihara Industries, Inc.		77,700		532,948
#	Hamee Corp.		36,100		206,798
	Handsman Co. Ltd.		43,500		247,333
	Happinet Corp.		99,600		1,370,083
#	Hard Off Corp. Co. Ltd.		58,800		501,016
	Heian Ceremony Service Co. Ltd.		8,300		42,004
	Heiwa Corp.		271,000		4,372,086
#	HI-LEX Corp.		121,700		865,469

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	Himaraya Co. Ltd.		32,100	$	197,076
	H-One Co. Ltd.		123,200		497,270
	Honeys Holdings Co. Ltd.		118,640		962,314
	Hoosiers Holdings Co. Ltd.		213,000		1,120,216
	Hotland Co. Ltd.		44,200		416,975
	IBJ, Inc.		125,900		806,776
	Ichibanya Co. Ltd.		30,658		945,986
	Ichikoh Industries Ltd.		194,100		554,177
	IDOM, Inc.		367,100		1,837,748
	IJTT Co. Ltd.		133,980		455,811
#	Imasen Electric Industrial		37,400		138,577
# *	Istyle, Inc.		147,000		483,807
* ††	Izuhakone Railway Co. Ltd.		300		0
	Izumi Co. Ltd.		124,600		2,513,563
	JANOME Corp.		109,400		465,989
#	Japan Best Rescue System Co. Ltd.		55,600		298,321
	Japan Wool Textile Co. Ltd.		312,600		2,095,641
	JINS Holdings, Inc.		82,900		2,492,946
# *	Joban Kosan Co. Ltd.		41,499		325,060
	Joshin Denki Co. Ltd.		108,200		1,392,763
	Joyful Honda Co. Ltd.		146,300		1,783,292
	JP-Holdings, Inc.		360,900		724,743
	JVCKenwood Corp.		1,051,800		1,527,000
# *	Kasai Kogyo Co. Ltd.		103,300		133,251
	Kawai Musical Instruments Manufacturing Co. Ltd.		36,600		650,373
	Keiyo Co. Ltd.		245,000		1,492,695
	KeyHolder, Inc.		2,100		11,357
#	KFC Holdings Japan Ltd.		87,300		1,633,893
#	King Co. Ltd.		54,100		161,402
# *	Kintetsu Department Store Co. Ltd.		1,300		21,980
	Ki-Star Real Estate Co. Ltd.		55,900		1,733,144
	Kohnan Shoji Co. Ltd.		157,700		3,301,934
#	Kojima Co. Ltd.		197,700		818,506
	Komatsu Matere Co. Ltd.		195,000		1,068,121
	KOMEDA Holdings Co. Ltd.		301,900		5,042,132
#	Komehyo Holdings Co. Ltd.		42,400		932,635
	Komeri Co. Ltd.		202,100		3,525,826
#	Konaka Co. Ltd.		163,506		366,453
#	Kotobukiya Co. Ltd.		1,800		102,848
	K’s Holdings Corp.		243,000		1,904,248
	KU Holdings Co. Ltd.		115,500		920,428
	Kurabo Industries Ltd.		113,200		1,584,167
	KYB Corp.		117,200		2,563,859
#	Kyoritsu Maintenance Co. Ltd.		63,200		2,603,586
	LEC, Inc.		142,200		840,330
#	LITALICO, Inc.		117,100		2,474,639
*	Locondo, Inc.		21,000		175,622
	Look Holdings, Inc.		37,100		510,830
	Mars Group Holdings Corp.		80,600		987,972
#	Maruzen CHI Holdings Co. Ltd.		106,300		229,414
	Matsuoka Corp.		10,200		62,651
	Media Do Co. Ltd.		54,200		772,253
	Meiko Network Japan Co. Ltd.		36,400		148,292
#	Meiwa Estate Co. Ltd.		73,200		300,478
#	Mikuni Corp.		147,800		313,626
#	Mitsuba Corp.		204,690		540,402
	Mizuno Corp.		114,900		1,967,077
	Monogatari Corp.		66,300		3,037,493
	Morito Co. Ltd.		107,800		544,715

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	MrMax Holdings Ltd.		159,300	$	732,355
	Murakami Corp.		31,800		482,409
	Musashi Seimitsu Industry Co. Ltd.		299,300		3,454,289
	Nafco Co. Ltd.		54,200		574,897
	Nagahori Corp.		200		2,226
	Nagase Brothers, Inc.		200		7,346
#	Nagawa Co. Ltd.		31,800		1,587,130
	Nakayamafuku Co. Ltd.		41,800		87,435
	New Art Holdings Co. Ltd.		31,734		322,322
	Nextage Co. Ltd.		287,000		5,531,782
	NHK Spring Co. Ltd.		903,756		5,006,892
	Nichirin Co. Ltd.		61,160		693,311
#	Nihon House Holdings Co. Ltd.		239,600		672,936
#	Nihon Plast Co. Ltd.		100,700		288,328
	Nihon Tokushu Toryo Co. Ltd.		80,400		460,308
	Nippon Felt Co. Ltd.		84,000		223,640
	Nippon Piston Ring Co. Ltd.		49,800		393,207
	Nippon Seiki Co. Ltd.		326,000		1,657,047
	Nishikawa Rubber Co. Ltd.		38,500		306,207
#	Nishimatsuya Chain Co. Ltd.		253,100		2,320,273
	Nissan Shatai Co. Ltd.		477,300		2,748,178
	Nissan Tokyo Sales Holdings Co. Ltd.		166,400		311,951
	NITTAN Corp.		93,500		167,315
	Nojima Corp.		398,000		3,314,681
	NOK Corp.		342,980		2,805,643
	Ohashi Technica, Inc.		67,600		653,300
	Ohsho Food Service Corp.		65,100		2,775,736
	Onward Holdings Co. Ltd.		616,100		1,283,860
#	Ozu Corp.		22,200		219,784
	Pacific Industrial Co. Ltd.		270,300		1,903,854
	PAL GROUP Holdings Co. Ltd.		136,800		1,953,407
	PALTAC Corp.		21,200		602,203
#	PAPYLESS Co. Ltd.		19,200		133,939
#	Paris Miki Holdings, Inc.		115,700		202,085
#	PC Depot Corp.		177,381		332,762
*	PIA Corp.		1,700		37,992
#	Piolax, Inc.		179,700		2,234,465
	Plenus Co. Ltd.		83,700		1,482,699
	Poppins Corp.		2,100		22,361
#	Premium Water Holdings, Inc.		8,100		133,032
#	Press Kogyo Co. Ltd.		598,500		1,673,759
	Pressance Corp.		109,900		1,127,391
	QB Net Holdings Co. Ltd.		58,700		518,537
#	Raccoon Holdings, Inc.		111,700		924,775
	Regal Corp.		1,500		18,570
	Renaissance, Inc.		3,500		21,992
	Resorttrust, Inc.		521,964		8,033,803
	Rhythm Co. Ltd.		43,600		484,251
#	Riberesute Corp.		46,100		247,022
	Ride On Express Holdings Co. Ltd.		46,900		325,247
*	Right On Co. Ltd.		92,925		381,385
	Riken Corp.		58,300		888,524
	Riso Kyoiku Co. Ltd.		692,900		1,433,489
#	Rock Field Co. Ltd.		94,800		920,318
	Roland Corp.		57,600		1,634,450
	Round One Corp.		931,500		3,963,450
#	Sac’s Bar Holdings, Inc.		122,950		582,541
	San Holdings, Inc.		59,900		668,381
*	Sanden Corp.		10,400		14,688

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Sanei Architecture Planning Co. Ltd.		55,200	$	574,977
	Sangetsu Corp.		291,250		3,083,932
	Sankyo Co. Ltd.		140,900		4,652,778
	Sankyo Seiko Co. Ltd.		232,800		737,940
	Sanoh Industrial Co. Ltd.		154,900		706,434
	Sanyo Electric Railway Co. Ltd.		109,898		1,671,916
# *	Sanyo Shokai Ltd.		59,599		470,926
	Scroll Corp.		189,200		877,457
	Seiko Group Corp.		165,882		3,513,558
#	Seiren Co. Ltd.		284,000		4,448,320
	Senshukai Co. Ltd.		174,600		468,178
	Seria Co. Ltd.		197,724		3,230,123
#	Shidax Corp.		149,800		573,197
	Shikibo Ltd.		75,600		427,810
	Shin-Nihon Tatemono Co. Ltd.		29,800		86,881
	Shoei Co. Ltd.		154,200		5,686,653
*	Silver Life Co. Ltd.		15,300		153,706
#	Snow Peak, Inc.		182,900		2,406,334
#	SNT Corp.		158,100		229,449
#	Soft99 Corp.		84,400		620,427
	Sotoh Co. Ltd.		49,100		270,693
	SPK Corp.		48,600		462,800
#	Sprix Ltd.		34,300		228,737
	St. Marc Holdings Co. Ltd.		111,200		1,213,519
	Step Co. Ltd.		60,800		789,198
#	Suminoe Textile Co. Ltd.		26,300		314,431
	Sumitomo Riko Co. Ltd.		252,100		994,077
	Suncall Corp.		127,200		568,935
*	SuRaLa Net Co. Ltd.		2,700		15,107
	Syuppin Co. Ltd.		134,200		1,349,741
	T RAD Co. Ltd.		42,900		783,465
	Tachikawa Corp.		71,600		509,153
	Tachi-S Co. Ltd.		195,940		1,452,927
#	Taiho Kogyo Co. Ltd.		109,900		510,827
	Takashimaya Co. Ltd.		426,400		5,274,740
#	Takasho Co. Ltd.		15,400		70,265
*	Take & Give Needs Co. Ltd.		11,400		120,295
#	Takihyo Co. Ltd.		19,200		95,653
#	Tama Home Co. Ltd.		100,000		1,567,715
	Tamron Co. Ltd.		103,400		2,296,895
#	Tbk Co. Ltd.		155,300		290,128
	Tear Corp.		57,300		162,676
	Temairazu, Inc.		14,900		571,967
	T-Gaia Corp.		136,400		1,518,273
#	Tigers Polymer Corp.		79,800		209,201
	Toa Corp.		144,900		758,182
	Tokai Rika Co. Ltd.		326,000		3,401,970
	Token Corp.		45,950		2,422,229
*	Tokyo Base Co. Ltd.		35,500		83,535
	Tokyo Individualized Educational Institute, Inc.		103,700		358,158
	Tokyo Radiator Manufacturing Co. Ltd.		24,300		99,950
	Tokyotokeiba Co. Ltd.		98,100		2,731,225
	Tomy Co. Ltd.		564,293		4,954,976
	Topre Corp.		219,800		1,737,990
#	Toridoll Holdings Corp.		301,500		5,862,325
	Tosho Co. Ltd.		4,400		33,695
	Toyo Tire Corp.		280,200		3,287,156
	Toyoda Gosei Co. Ltd.		38,900		621,884
	TPR Co. Ltd.		150,662		1,264,699

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Treasure Factory Co. Ltd.		10,300	$	154,349
	TS Tech Co. Ltd.		449,686		4,702,681
	TSI Holdings Co. Ltd.		301,095		911,236
*	Tsukada Global Holdings, Inc.		86,100		212,971
#	Tsutsumi Jewelry Co. Ltd.		39,000		545,933
#	Twinbird Corp.		9,200		37,966
	Unipres Corp.		224,297		1,310,909
# *	Unitika Ltd.		373,200		686,839
# *	Universal Entertainment Corp.		99,600		1,343,868
	Valuence Holdings, Inc.		1,600		31,416
*	Village Vanguard Co. Ltd.		36,600		264,820
	VT Holdings Co. Ltd.		492,000		1,593,974
	Wacoal Holdings Corp.		267,700		4,310,530
#	Waseda Academy Co. Ltd.		43,600		335,524
#	Watts Co. Ltd.		52,100		224,229
	Weds Co. Ltd.		14,500		48,369
	World Co. Ltd.		94,100		883,077
	Xebio Holdings Co. Ltd.		159,896		1,084,452
#	Yachiyo Industry Co. Ltd.		48,100		206,971
	Yagi & Co. Ltd.		18,600		145,334
	Yamae Group Holdings Co. Ltd.		9,400		95,594
	Yamato International, Inc.		31,900		51,000
#	Yasunaga Corp.		33,300		137,589
	Yellow Hat Ltd.		221,700		2,658,050
	Yondoshi Holdings, Inc.		101,520		1,161,464
	Yonex Co. Ltd.		74,600		691,099
	Yorozu Corp.		126,100		732,136
#	Yoshinoya Holdings Co. Ltd.		280,100		4,402,292
	Yutaka Giken Co. Ltd.		8,700		100,043
	Zojirushi Corp.		14,700		148,222
TOTAL CONSUMER DISCRETIONARY					366,770,947
CONSUMER STAPLES — (7.8%)
#	Aeon Hokkaido Corp.		178,900		1,413,526
	AFC-HD AMS Life Science Co. Ltd.		53,800		261,503
	Ain Holdings, Inc.		119,800		5,032,786
	Albis Co. Ltd.		38,700		599,489
	Arcs Co. Ltd.		269,000		3,585,571
	Artnature, Inc.		116,400		603,269
	Axial Retailing, Inc.		108,000		2,459,402
# *	Axxzia, Inc.		4,800		43,422
	Belc Co. Ltd.		67,200		2,570,597
	Bourbon Corp.		54,800		774,801
	Bull-Dog Sauce Co. Ltd.		3,000		33,861
	Cawachi Ltd.		79,400		1,098,891
	C’BON COSMETICS Co. Ltd.		10,800		117,171
	Chubu Shiryo Co. Ltd.		132,400		901,671
	Chuo Gyorui Co. Ltd.		9,800		194,008
	Como Co. Ltd.		2,600		47,063
#	Cota Co. Ltd.		113,591		1,224,900
	Create SD Holdings Co. Ltd.		137,500		2,929,190
#	Daikokutenbussan Co. Ltd.		34,800		1,061,447
	Delica Foods Holdings Co. Ltd.		66,400		227,102
	DyDo Group Holdings, Inc.		58,700		1,791,178
	Earth Corp.		47,200		1,633,763
	Ebara Foods Industry, Inc.		30,900		669,815
#	Eco’s Co. Ltd.		45,800		560,562
#	Ensuiko Sugar Refining Co. Ltd.		86,200		113,565
	Ezaki Glico Co. Ltd.		194,800		4,382,607

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER STAPLES — (Continued)
	Feed One Co. Ltd.		153,348	$	692,542
#	Fuji Co. Ltd.		118,700		1,467,980
	Fuji Oil Holdings, Inc.		240,200		3,781,633
	Fujicco Co. Ltd.		122,300		1,563,944
	Fujiya Co. Ltd.		70,000		1,202,255
	G-7 Holdings, Inc.		141,300		1,352,874
	Genky DrugStores Co. Ltd.		51,000		1,298,377
#	HABA Laboratories, Inc.		15,000		248,760
	Hagoromo Foods Corp.		17,900		366,983
	Halows Co. Ltd.		56,100		1,126,830
	Heiwado Co. Ltd.		190,100		2,405,669
	Hokkaido Coca-Cola Bottling Co. Ltd.		18,699		521,194
	Hokuto Corp.		139,200		1,796,736
#	Ichimasa Kamaboko Co. Ltd.		46,500		230,065
	Imuraya Group Co. Ltd.		61,500		904,898
#	Inageya Co. Ltd.		44,600		337,751
*	I-NE Co. Ltd.		6,800		196,999
	Itochu-Shokuhin Co. Ltd.		35,100		1,151,568
	Itoham Yonekyu Holdings, Inc.		706,300		3,158,441
	Iwatsuka Confectionery Co. Ltd.		8,700		235,130
	JM Holdings Co. Ltd.		77,000		877,490
	J-Oil Mills, Inc.		122,300		1,300,880
	Kadoya Sesame Mills, Inc.		15,600		366,592
	Kakiyasu Honten Co. Ltd.		53,400		797,988
#	Kameda Seika Co. Ltd.		66,800		2,064,117
#	Kaneko Seeds Co. Ltd.		44,700		438,571
	Kanemi Co. Ltd.		1,200		22,315
	Kansai Food Market Ltd.		6,800		63,888
	Kato Sangyo Co. Ltd.		150,800		3,524,560
	Kenko Mayonnaise Co. Ltd.		73,300		827,348
#	Kibun Foods, Inc.		12,200		73,242
#	Kitanotatsujin Corp.		380,600		737,804
	Koike-ya, Inc.		300		10,793
	Kotobuki Spirits Co. Ltd.		29,600		1,517,414
	Kusuri no Aoki Holdings Co. Ltd.		83,800		4,039,402
	Kyokuyo Co. Ltd.		59,999		1,457,625
	Lacto Japan Co. Ltd.		47,000		673,507
	Life Corp.		81,400		1,213,263
	Mandom Corp.		216,800		2,193,346
#	Marudai Food Co. Ltd.		129,900		1,224,712
	Maruha Nichiro Corp.		216,707		3,341,573
#	Maxvalu Tokai Co. Ltd.		47,000		886,186
	Medical System Network Co. Ltd.		152,000		411,307
	Megmilk Snow Brand Co. Ltd.		277,000		3,016,618
#	Meito Sangyo Co. Ltd.		54,100		579,801
	Milbon Co. Ltd.		164,552		6,785,094
#	Ministop Co. Ltd.		90,500		859,581
	Mitsubishi Shokuhin Co. Ltd.		103,900		2,103,069
	Mitsui DM Sugar Holdings Co. Ltd.		110,870		1,416,405
	Miyoshi Oil & Fat Co. Ltd.		34,400		229,396
	Morinaga & Co. Ltd.		215,699		5,395,101
	Morinaga Milk Industry Co. Ltd.		145,400		4,125,043
	Morozoff Ltd.		37,400		925,951
#	MTG Co. Ltd.		24,700		187,157
#	Nagatanien Holdings Co. Ltd.		74,900		1,008,356
	Nakamuraya Co. Ltd.		26,699		560,207
	Natori Co. Ltd.		65,000		902,759
	Nichimo Co. Ltd.		16,300		264,845
#	Nihon Chouzai Co. Ltd.		73,420		651,954

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER STAPLES — (Continued)
	Niitaka Co. Ltd.		12,960	$	180,610
	Nippn Corp.		346,000		3,641,987
	Nippon Beet Sugar Manufacturing Co. Ltd.		65,500		722,361
	Nippon Suisan Kaisha Ltd.		1,893,700		6,745,679
	Nishimoto Co. Ltd.		19,500		545,936
	Nisshin Oillio Group Ltd.		154,600		3,314,748
	Nissin Sugar Co. Ltd.		98,300		1,123,746
	Nitto Fuji Flour Milling Co. Ltd.		16,200		475,925
	Noevir Holdings Co. Ltd.		85,800		3,171,684
	Oenon Holdings, Inc.		294,200		559,659
#	OIE Sangyo Co. Ltd.		22,000		123,116
# *	Oisix ra daichi, Inc.		171,900		1,939,184
	Okuwa Co. Ltd.		155,300		960,244
	Olympic Group Corp.		28,600		98,476
	OUG Holdings, Inc.		21,300		334,901
	Pickles Holdings Co. Ltd.		56,900		394,495
	Pigeon Corp.		573,125		7,507,397
	Prima Meat Packers Ltd.		177,300		2,346,234
#	Qol Holdings Co. Ltd.		164,500		1,357,079
	Retail Partners Co. Ltd.		107,600		886,473
	Riken Vitamin Co. Ltd.		143,000		1,812,339
	Rokko Butter Co. Ltd.		84,200		796,538
	S Foods, Inc.		114,862		2,102,455
	S&B Foods, Inc.		42,798		1,059,329
#	Sagami Rubber Industries Co. Ltd.		56,000		284,988
	San-A Co. Ltd.		118,000		3,441,632
	Sapporo Holdings Ltd.		385,720		8,507,745
	Sato Foods Co. Ltd.		800		26,533
	Satudora Holdings Co. Ltd.		3,900		17,511
#	Shinnihonseiyaku Co. Ltd.		42,700		449,873
	Shinobu Foods Products Co. Ltd.		1,600		6,637
#	Shoei Foods Corp.		67,600		1,865,613
	Showa Sangyo Co. Ltd.		114,300		1,942,731
	Soiken Holdings, Inc.		39,400		92,738
	ST Corp.		37,100		373,982
	Starzen Co. Ltd.		89,900		1,245,921
	Takara Holdings, Inc.		554,400		3,856,353
	Toho Co. Ltd.		49,900		573,954
#	Torigoe Co. Ltd.		94,500		391,234
#	Transaction Co. Ltd.		89,700		681,925
#	United Super Markets Holdings, Inc.		350,600		2,468,602
	Valor Holdings Co. Ltd.		220,700		2,552,048
	Warabeya Nichiyo Holdings Co. Ltd.		86,460		1,022,334
	Watahan & Co. Ltd.		94,100		874,626
#	Yaizu Suisankagaku Industry Co. Ltd.		62,100		335,173
	YAKUODO Holdings Co. Ltd.		69,400		1,298,552
#	YA-MAN Ltd.		194,200		1,455,590
	Yamatane Corp.		59,000		639,164
#	Yamaya Corp.		23,500		388,534
#	Yamazawa Co. Ltd.		11,800		91,850
	Yaoko Co. Ltd.		55,300		2,405,719
	Yokorei Co. Ltd.		306,400		1,858,464
	Yomeishu Seizo Co. Ltd.		48,700		590,252
*	Yoshimura Food Holdings KK		29,300		96,207
#	Yuasa Funashoku Co. Ltd.		14,300		246,467
	Yukiguni Maitake Co. Ltd.		39,400		282,187
	Yutaka Foods Corp.		3,900		50,185
TOTAL CONSUMER STAPLES					198,062,968

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (0.7%)
#	BP Castrol KK		44,100	$	284,991
	Fuji Kosan Co. Ltd.		4,400		34,312
#	Fuji Oil Co. Ltd.		287,900		587,124
	Itochu Enex Co. Ltd.		354,900		2,442,298
	Japan Oil Transportation Co. Ltd.		15,500		227,370
	Japan Petroleum Exploration Co. Ltd.		221,700		5,760,410
	Mitsuuroko Group Holdings Co. Ltd.		197,500		1,359,610
	Nippon Coke & Engineering Co. Ltd.		978,100		532,242
	Sala Corp.		322,100		1,708,339
	San-Ai Obbli Co. Ltd.		389,000		3,213,029
	Sinanen Holdings Co. Ltd.		46,500		1,271,173
#	Toa Oil Co. Ltd.		46,200		978,312
	Toyo Kanetsu KK		48,700		805,728
TOTAL ENERGY					19,204,938
FINANCIALS — (8.8%)
	77 Bank Ltd.		363,152		4,400,716
#	Advance Create Co. Ltd.		63,400		426,754
	AEON Financial Service Co. Ltd.		124,500		1,218,433
	Aichi Financial Group, Inc.		223,571		2,856,753
	Aiful Corp.		1,422,100		3,873,175
#	Aizawa Securities Group Co. Ltd.		200,800		878,425
	Akatsuki Corp.		144,000		307,124
	Akita Bank Ltd.		88,440		945,162
	Anicom Holdings, Inc.		108,300		432,702
# *	Aruhi Corp.		174,700		1,641,229
	Asax Co. Ltd.		9,300		36,547
	Awa Bank Ltd.		232,100		2,917,685
#	Bank of Iwate Ltd.		82,982		1,001,223
#	Bank of Kochi Ltd.		56,100		234,676
	Bank of Nagoya Ltd.		75,630		1,549,265
	Bank of Saga Ltd.		80,920		844,576
	Bank of the Ryukyus Ltd.		273,780		1,432,411
#	Bank of Toyama Ltd.		14,500		160,724
#	Casa, Inc.		28,400		161,608
	Chiba Kogyo Bank Ltd.		284,858		551,486
	Chugin Financial Group, Inc.		691,400		4,167,742
	Credit Saison Co. Ltd.		264,600		2,828,139
	Daishi Hokuetsu Financial Group, Inc.		262,500		4,636,054
	Daito Bank Ltd.		54,200		222,152
	eGuarantee, Inc.		221,400		3,575,889
#	Ehime Bank Ltd.		198,673		1,142,937
#	Entrust, Inc.		54,900		237,426
	FIDEA Holdings Co. Ltd.		124,790		1,086,427
	Financial Products Group Co. Ltd.		236,800		1,850,521
	First Bank of Toyama Ltd.		319,000		882,186
#	First Brothers Co. Ltd.		34,600		201,043
	Fukui Bank Ltd.		123,200		1,126,239
	Fukushima Bank Ltd.		17,200		24,043
	Fuyo General Lease Co. Ltd.		114,800		6,380,157
#	GMO Financial Holdings, Inc.		249,100		956,764
	Gunma Bank Ltd.		2,072,540		5,652,782
	Hachijuni Bank Ltd.		1,994,500		6,360,770
	Hirogin Holdings, Inc.		1,534,800		6,331,737
	Hirose Tusyo, Inc.		20,800		339,965
#	Hokkoku Financial Holdings, Inc.		145,200		4,433,538
	Hokuhoku Financial Group, Inc.		808,700		4,858,472
	HS Holdings Co. Ltd.		152,200		1,095,593
	Hyakugo Bank Ltd.		1,393,709		3,085,078

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FINANCIALS — (Continued)
	Hyakujushi Bank Ltd.		134,700	$	1,510,140
	Ichiyoshi Securities Co. Ltd.		224,000		907,209
#	IwaiCosmo Holdings, Inc.		123,900		1,049,074
	Iyogin Holdings, Inc.		1,270,418		5,960,544
#	J Trust Co. Ltd.		345,400		1,516,754
	Jaccs Co. Ltd.		147,700		3,581,598
	JAFCO Group Co. Ltd.		588,100		9,023,388
	Japan Investment Adviser Co. Ltd.		70,300		658,607
#	Japan Securities Finance Co. Ltd.		581,200		3,481,519
#	Jimoto Holdings, Inc.		102,150		282,804
	J-Lease Co. Ltd.		31,900		559,135
	Juroku Financial Group, Inc.		191,700		3,220,920
	Keiyo Bank Ltd.		664,300		2,333,373
	Kita-Nippon Bank Ltd.		43,506		550,258
	Kiyo Bank Ltd.		416,190		4,007,900
	Kyokuto Securities Co. Ltd.		152,800		641,045
	Kyushu Financial Group, Inc.		1,975,137		4,994,387
#	Kyushu Leasing Service Co. Ltd.		34,000		141,908
*	M&A Capital Partners Co. Ltd.		92,100		2,343,455
#	Marusan Securities Co. Ltd.		336,700		939,227
#	Matsui Securities Co. Ltd.		568,800		3,029,067
	Mercuria Holdings Co. Ltd.		58,400		236,199
#	Minkabu The Infonoid, Inc.		21,700		309,520
#	Mito Securities Co. Ltd.		359,500		555,715
	Miyazaki Bank Ltd.		102,900		1,542,970
	Mizuho Leasing Co. Ltd.		180,700		3,937,159
#	Monex Group, Inc.		1,037,500		3,604,082
#	Money Partners Group Co. Ltd.		149,100		274,454
	Morningstar Japan KK		131,300		409,555
#	Mortgage Service Japan Ltd.		26,100		147,277
	Musashino Bank Ltd.		183,200		2,115,592
	Nagano Bank Ltd.		48,599		382,904
	Nanto Bank Ltd.		176,700		2,532,005
	NEC Capital Solutions Ltd.		60,200		863,550
	Nishi-Nippon Financial Holdings, Inc.		779,700		3,976,627
	North Pacific Bank Ltd.		1,785,600		2,836,341
# *	OAK Capital Corp.		297,500		152,113
	Ogaki Kyoritsu Bank Ltd.		232,100		2,740,005
	Oita Bank Ltd.		90,399		1,096,297
#	Okasan Securities Group, Inc.		964,900		2,295,123
	Okinawa Financial Group, Inc.		143,060		1,981,285
	Orient Corp.		280,890		2,275,167
	Premium Group Co. Ltd.		163,200		1,934,314
	Procrea Holdings, Inc.		238,972		3,366,026
	Ricoh Leasing Co. Ltd.		97,600		2,383,123
	San ju San Financial Group, Inc.		118,793		1,162,272
	San-In Godo Bank Ltd.		963,500		4,588,458
*	SBI Insurance Group Co. Ltd.		7,600		40,535
	Senshu Ikeda Holdings, Inc.		1,298,928		1,861,564
	Seven Bank Ltd.		501,400		904,423
	Shiga Bank Ltd.		288,700		4,887,278
	Shikoku Bank Ltd.		239,000		1,394,610
	Shimizu Bank Ltd.		58,200		557,874
#	Sparx Group Co. Ltd.		118,060		1,189,903
	Strike Co. Ltd.		51,700		1,593,577
	Suruga Bank Ltd.		900,700		2,385,896
#	Taiko Bank Ltd.		41,800		314,026
	Tochigi Bank Ltd.		565,200		1,150,754
	Toho Bank Ltd.		1,304,200		1,797,764

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FINANCIALS — (Continued)
#	Tohoku Bank Ltd.		63,300	$	402,681
	Tokai Tokyo Financial Holdings, Inc.		1,334,300		3,058,672
	Tokyo Kiraboshi Financial Group, Inc.		170,738		2,448,757
	Tomato Bank Ltd.		50,400		326,735
	TOMONY Holdings, Inc.		956,950		2,079,139
#	Tottori Bank Ltd.		53,100		379,681
#	Towa Bank Ltd.		262,300		916,377
	Toyo Securities Co. Ltd.		390,800		598,805
	Traders Holdings Co. Ltd.		13,720		45,978
	Tsukuba Bank Ltd.		494,300		634,760
#	Yamagata Bank Ltd.		143,600		985,489
	Yamaguchi Financial Group, Inc.		1,237,672		6,517,904
	Yamanashi Chuo Bank Ltd.		162,526		1,113,127
TOTAL FINANCIALS					223,363,082
HEALTH CARE — (5.0%)
	Amvis Holdings, Inc.		35,600		688,165
	As One Corp.		74,500		3,176,858
	ASKA Pharmaceutical Holdings Co. Ltd.		141,700		1,115,346
	Astena Holdings Co. Ltd.		194,800		549,661
	BML, Inc.		147,600		3,336,562
#	Carenet, Inc.		130,800		1,198,656
	CE Holdings Co. Ltd.		9,500		30,925
# *	CellSource Co. Ltd.		21,100		622,331
	Charm Care Corp. KK		113,900		804,070
	CMIC Holdings Co. Ltd.		63,200		713,879
	Create Medic Co. Ltd.		38,700		226,083
#	Daiken Medical Co. Ltd.		112,400		347,729
	Daito Pharmaceutical Co. Ltd.		77,580		1,334,353
	Eiken Chemical Co. Ltd.		205,400		2,536,991
	Elan Corp.		208,600		1,602,058
	EM Systems Co. Ltd.		24,900		164,726
	FALCO HOLDINGS Co. Ltd.		53,300		633,837
	FINDEX, Inc.		94,500		392,145
	France Bed Holdings Co. Ltd.		158,600		991,617
	Fuji Pharma Co. Ltd.		97,600		702,755
	Fukuda Denshi Co. Ltd.		63,200		3,299,287
#	Fuso Pharmaceutical Industries Ltd.		42,600		590,589
	H.U. Group Holdings, Inc.		348,800		6,492,843
#	Hogy Medical Co. Ltd.		76,000		1,685,603
#	Hoshi Iryo-Sanki Co. Ltd.		9,600		242,275
	I’rom Group Co. Ltd.		38,400		666,368
*	Japan Animal Referral Medical Center Co. Ltd.		7,400		94,655
*	Japan Hospice Holdings, Inc.		12,400		173,022
	Japan Lifeline Co. Ltd.		392,500		2,646,755
	Japan Medical Dynamic Marketing, Inc.		104,500		831,456
	Jeol Ltd.		21,000		768,457
	JMS Co. Ltd.		104,457		370,810
	Kaken Pharmaceutical Co. Ltd.		116,400		2,979,288
	Kanamic Network Co. Ltd.		139,700		582,786
	Kissei Pharmaceutical Co. Ltd.		175,800		3,105,392
	Koa Shoji Holdings Co. Ltd.		4,100		16,702
	KYORIN Holdings, Inc.		261,400		3,234,542
#	Linical Co. Ltd.		69,400		345,282
	Mani, Inc.		358,900		5,228,305
	Medical Data Vision Co. Ltd.		168,300		1,251,818
	Medikit Co. Ltd.		2,000		32,526
	Medius Holdings Co. Ltd.		68,500		334,399
# *	MedPeer, Inc.		84,200		865,354

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HEALTH CARE — (Continued)
	Menicon Co. Ltd.		267,900	$	4,574,112
#	Mizuho Medy Co. Ltd.		22,400		471,202
	Mochida Pharmaceutical Co. Ltd.		56,798		1,307,918
	Nakanishi, Inc.		327,600		5,977,400
	Nihon Kohden Corp.		195,900		4,386,618
	Nippon Chemiphar Co. Ltd.		7,700		88,729
	Nipro Corp.		839,500		6,328,382
	Paramount Bed Holdings Co. Ltd.		254,000		4,521,662
*	PeptiDream, Inc.		143,700		1,572,123
	Rion Co. Ltd.		54,600		747,913
	Sawai Group Holdings Co. Ltd.		161,200		4,653,068
#	Seed Co. Ltd.		68,100		227,446
	Seikagaku Corp.		233,700		1,425,159
	Shin Nippon Biomedical Laboratories Ltd.		134,300		2,459,207
	Ship Healthcare Holdings, Inc.		346,200		6,639,723
#	Shofu, Inc.		69,900		1,184,422
#	Software Service, Inc.		18,800		1,039,868
	Solasto Corp.		331,500		1,996,042
#	St-Care Holding Corp.		81,600		461,106
# *	SymBio Pharmaceuticals Ltd.		62,300		291,005
	Takara Bio, Inc.		150,900		1,765,467
	Techno Medica Co. Ltd.		14,700		161,147
	Toho Holdings Co. Ltd.		303,300		4,124,712
	Tokai Corp.		134,700		1,710,306
	Torii Pharmaceutical Co. Ltd.		89,800		1,822,203
#	Towa Pharmaceutical Co. Ltd.		173,300		2,608,497
#	Trans Genic, Inc.		51,100		108,912
	Tsumura & Co.		213,118		4,451,261
	Value HR Co. Ltd.		92,800		957,108
	Vital KSK Holdings, Inc.		262,800		1,321,670
# *	Wakamoto Pharmaceutical Co. Ltd.		85,300		128,286
#	WIN-Partners Co. Ltd.		106,100		691,603
	ZERIA Pharmaceutical Co. Ltd.		39,000		580,965
TOTAL HEALTH CARE					127,792,503
INDUSTRIALS — (28.2%)
	Advan Group Co. Ltd.		144,200		849,606
	Aeon Delight Co. Ltd.		107,400		2,146,691
	Aichi Corp.		223,100		1,184,592
	Aida Engineering Ltd.		310,500		1,803,983
	Airtech Japan Ltd.		2,000		15,065
	AIT Corp.		8,100		82,031
	Ajis Co. Ltd.		28,900		387,234
	Alconix Corp.		143,100		1,316,276
#	Alinco, Inc.		80,500		536,259
	Alps Logistics Co. Ltd.		110,100		811,786
#	Altech Corp.		101,970		1,375,764
	Anest Iwata Corp.		220,200		1,320,750
	Asahi Diamond Industrial Co. Ltd.		342,800		1,712,302
	Asahi Kogyosha Co. Ltd.		51,400		708,164
	Asanuma Corp.		84,200		1,549,052
#	Asukanet Co. Ltd.		31,200		206,738
#	AZ-COM MARUWA Holdings, Inc.		169,000		1,605,771
	Bando Chemical Industries Ltd.		210,500		1,495,825
#	Br Holdings Corp.		221,200		516,001
	Bunka Shutter Co. Ltd.		351,900		2,530,218
	Canare Electric Co. Ltd.		21,200		198,020
	Careerlink Co. Ltd.		21,900		356,091
	Central Glass Co. Ltd.		217,900		5,145,194

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Central Security Patrols Co. Ltd.		53,000	$	913,611
	Chilled & Frozen Logistics Holdings Co. Ltd.		98,500		798,859
*	Chiyoda Corp.		906,000		2,244,269
	Chiyoda Integre Co. Ltd.		67,900		1,045,981
	Chori Co. Ltd.		73,000		956,485
	Chudenko Corp.		187,800		2,592,100
#	Chugai Ro Co. Ltd.		37,600		395,433
#	Chuo Warehouse Co. Ltd.		21,000		130,077
	CKD Corp.		239,900		2,942,215
	CMC Corp.		30,200		228,805
	Cosel Co. Ltd.		146,800		841,110
	Creek & River Co. Ltd.		67,100		921,305
	CTI Engineering Co. Ltd.		70,300		1,380,634
	CTS Co. Ltd.		157,100		846,132
	Dai-Dan Co. Ltd.		89,200		1,272,397
#	Daido Kogyo Co. Ltd.		43,200		205,118
	Daihatsu Diesel Manufacturing Co. Ltd.		119,100		434,300
	Daihen Corp.		128,100		3,303,286
	Daiho Corp.		71,100		2,016,269
	Dai-Ichi Cutter Kogyo KK		46,300		377,214
	Daiichi Jitsugyo Co. Ltd.		52,000		1,365,530
#	Daiichi Kensetsu Corp.		35,200		343,208
	Daiki Axis Co. Ltd.		41,900		190,723
	Daiseki Co. Ltd.		290,755		8,984,172
#	Daiseki Eco. Solution Co. Ltd.		39,159		210,554
	Daisue Construction Co. Ltd.		48,200		374,969
	Daiwa Industries Ltd.		196,200		1,645,230
	Denyo Co. Ltd.		96,400		944,822
	Dip Corp.		198,900		5,568,555
	DMG Mori Co. Ltd.		731,800		8,468,845
	DMW Corp.		4,800		95,962
	Duskin Co. Ltd.		265,400		5,089,178
	Ebara Jitsugyo Co. Ltd.		64,800		948,350
#	Eidai Co. Ltd.		184,700		268,165
#	EJ Holdings, Inc.		30,100		263,371
	en Japan, Inc.		188,308		3,271,088
	Endo Lighting Corp.		56,300		284,770
#	Envipro Holdings, Inc.		34,400		173,270
#	ERI Holdings Co. Ltd.		14,100		98,940
	Escrow Agent Japan, Inc.		63,300		62,029
	EXEO Group, Inc.		270,800		3,967,640
	F&M Co. Ltd.		44,400		652,042
*	FDK Corp.		64,298		388,982
	Forum Engineering, Inc.		24,500		151,530
	Freund Corp.		75,600		356,618
	Frontier Management, Inc.		7,200		60,636
	Fudo Tetra Corp.		101,380		1,006,838
	Fuji Corp.		357,900		4,725,770
	Fuji Die Co. Ltd.		55,300		212,494
	Fuji Furukawa Engineering & Construction Co. Ltd.		1,800		43,410
	Fujikura Ltd.		1,559,000		9,230,804
	Fujisash Co. Ltd.		573,900		262,469
	Fukuda Corp.		53,200		1,733,873
	Fukushima Galilei Co. Ltd.		82,400		2,266,031
	Fukuvi Chemical Industry Co. Ltd.		10,600		39,809
	Fukuyama Transporting Co. Ltd.		94,357		2,058,735
	FULLCAST Holdings Co. Ltd.		126,600		2,532,220
	Funai Soken Holdings, Inc.		241,570		4,306,066
	Furukawa Co. Ltd.		194,000		1,701,051

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Furukawa Electric Co. Ltd.		424,300	$	6,546,029
	Futaba Corp.		208,200		842,449
#	Gakujo Co. Ltd.		5,600		54,149
	Gecoss Corp.		95,900		514,490
	Giken Ltd.		5,400		116,347
	Glory Ltd.		288,855		4,453,748
	gremz, Inc.		25,500		294,888
	GS Yuasa Corp.		393,683		5,993,468
	Hamakyorex Co. Ltd.		102,600		2,291,807
	Hanwa Co. Ltd.		172,200		4,164,477
	Hashimoto Sogyo Holdings Co. Ltd.		8,140		53,856
#	Hazama Ando Corp.		1,162,500		6,737,422
	Helios Techno Holding Co. Ltd.		109,800		351,067
	Hibiya Engineering Ltd.		109,900		1,406,600
	Hirakawa Hewtech Corp.		70,800		516,020
#	Hirano Tecseed Co. Ltd.		59,400		699,421
#	Hirata Corp.		31,900		933,189
	Hisaka Works Ltd.		127,300		723,037
	Hitachi Zosen Corp.		1,041,679		6,005,282
	Hito Communications Holdings, Inc.		43,900		491,246
#	Hokuetsu Industries Co. Ltd.		139,500		1,049,824
#	Hokuriku Electrical Construction Co. Ltd.		89,040		406,020
	Hosokawa Micron Corp.		89,300		1,620,366
	Howa Machinery Ltd.		65,100		376,444
#	Ichikawa Co. Ltd.		1,000		8,813
#	Ichiken Co. Ltd.		33,600		405,687
#	Ichinen Holdings Co. Ltd.		125,100		1,071,182
	Idec Corp.		191,700		4,105,978
	Ihara Science Corp.		52,900		799,168
#	Iino Kaiun Kaisha Ltd.		513,400		2,555,042
#	Impact HD, Inc.		20,500		549,791
	Imura Envelope Co., Inc.		13,700		75,532
	Inaba Denki Sangyo Co. Ltd.		322,900		6,027,512
#	Inaba Seisakusho Co. Ltd.		61,700		569,807
	Inabata & Co. Ltd.		287,700		4,753,205
	INFRONEER Holdings, Inc.		757,388		5,250,448
	Insource Co. Ltd.		147,650		2,981,420
	Inui Global Logistics Co. Ltd.		80,380		1,025,739
	IR Japan Holdings Ltd.		56,500		826,108
	Iseki & Co. Ltd.		116,500		962,537
	Ishii Iron Works Co. Ltd.		11,000		181,899
	Itoki Corp.		213,100		607,982
	Iwaki Co. Ltd.		56,100		532,631
	Iwasaki Electric Co. Ltd.		42,200		741,415
	JAC Recruitment Co. Ltd.		105,100		1,788,160
	Japan Elevator Service Holdings Co. Ltd.		366,800		4,326,577
#	Japan Foundation Engineering Co. Ltd.		122,400		343,891
	Japan Pulp & Paper Co. Ltd.		72,600		2,240,129
	Japan Steel Works Ltd.		146,500		3,025,000
	Japan Transcity Corp.		244,600		813,890
	JDC Corp.		73,700		284,323
	JK Holdings Co. Ltd.		92,940		680,648
#	Juki Corp.		174,000		853,958
	Kamei Corp.		148,700		1,106,719
	Kanaden Corp.		113,500		819,833
#	Kanagawa Chuo Kotsu Co. Ltd.		42,800		955,235
	Kaname Kogyo Co. Ltd.		1,300		6,683
#	Kanamoto Co. Ltd.		200,700		2,897,308
	Kandenko Co. Ltd.		621,700		3,494,540

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Kanematsu Corp.		506,325	$	5,009,720
	Katakura Industries Co. Ltd.		151,500		2,072,845
#	Kato Works Co. Ltd.		58,000		277,627
	Kawada Technologies, Inc.		32,300		786,690
	Kawagishi Bridge Works Co. Ltd.		8,700		159,195
#	Kawata Manufacturing Co. Ltd.		23,300		130,923
	Keihin Co. Ltd.		15,700		146,428
	KFC Ltd.		8,700		88,784
#	Kimura Chemical Plants Co. Ltd.		98,900		480,816
#	Kimura Unity Co. Ltd.		47,000		244,606
	King Jim Co. Ltd.		59,600		366,237
	Kinki Sharyo Co. Ltd.		299		1,896
	Kitagawa Corp.		50,300		425,316
	Kitano Construction Corp.		24,072		389,953
	Kitz Corp.		407,200		2,414,022
*	Kobe Electric Railway Co. Ltd.		37,299		813,081
	Koike Sanso Kogyo Co. Ltd.		13,400		180,150
	Kokuyo Co. Ltd.		449,525		5,575,684
	KOMAIHALTEC, Inc.		18,200		191,063
	Komatsu Wall Industry Co. Ltd.		49,300		605,752
	Komori Corp.		299,000		1,627,599
	Kondotec, Inc.		114,200		774,868
	Konoike Transport Co. Ltd.		174,500		1,836,376
#	Kosaido Holdings Co. Ltd.		124,800		1,273,748
	Kozo Keikaku Engineering, Inc.		22,000		420,306
#	KPP Group Holdings Co. Ltd.		87,100		475,493
	KRS Corp.		75,600		534,767
	Kumagai Gumi Co. Ltd.		227,800		3,851,023
	Kuroda Precision Industries Ltd.		700		8,239
	Kyodo Printing Co. Ltd.		45,800		777,068
#	Kyokuto Boeki Kaisha Ltd.		66,000		572,004
	Kyokuto Kaihatsu Kogyo Co. Ltd.		205,600		1,910,529
#	KYORITSU Co. Ltd.		151,200		116,855
	Kyudenko Corp.		207,400		4,399,039
	LIKE, Inc.		68,700		967,160
#	Link & Motivation, Inc.		252,500		1,524,342
	Lonseal Corp.		2,900		23,149
*	LTS, Inc.		2,100		43,703
	Mabuchi Motor Co. Ltd.		249,034		6,757,392
#	Maezawa Industries, Inc.		49,000		198,975
#	Maezawa Kasei Industries Co. Ltd.		84,000		754,965
	Maezawa Kyuso Industries Co. Ltd.		122,700		756,248
	Makino Milling Machine Co. Ltd.		148,300		4,582,257
#	Management Solutions Co. Ltd.		51,700		1,019,088
	Marufuji Sheet Piling Co. Ltd.		11,800		152,432
	MARUKA FURUSATO Corp.		45,807		1,138,117
#	Marumae Co. Ltd.		31,900		381,849
#	Maruyama Manufacturing Co., Inc.		18,800		180,034
	Maruzen Co. Ltd.		65,800		791,292
	Maruzen Showa Unyu Co. Ltd.		80,600		1,644,883
#	Matching Service Japan Co. Ltd.		52,000		284,553
	Matsuda Sangyo Co. Ltd.		79,782		1,190,207
#	Matsui Construction Co. Ltd.		125,500		475,699
	Max Co. Ltd.		163,000		2,323,037
	Meidensha Corp.		222,710		2,962,999
	Meiho Facility Works Ltd.		36,100		163,415
	Meiji Electric Industries Co. Ltd.		52,500		367,944
#	Meiji Shipping Co. Ltd.		94,000		486,187
	Meisei Industrial Co. Ltd.		222,200		1,053,693

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Meitec Corp.		484,000	$	8,152,392
# *	Meiwa Corp.		145,600		715,476
# *	MetaReal Corp.		22,800		162,583
	METAWATER Co. Ltd.		114,300		1,462,752
#	Midac Holdings Co. Ltd.		28,600		710,687
#	Mie Kotsu Group Holdings, Inc.		346,700		1,199,250
	Mirai Industry Co. Ltd.		4,600		46,633
	Mirait One Corp.		577,635		5,550,860
	Mitani Corp.		294,600		2,930,934
	Mitani Sangyo Co. Ltd.		145,000		292,626
#	Mitsubishi Kakoki Kaisha Ltd.		39,000		561,699
	Mitsubishi Logisnext Co. Ltd.		186,600		961,659
	Mitsubishi Logistics Corp.		97,000		2,128,508
	Mitsubishi Pencil Co. Ltd.		132,100		1,285,723
	Mitsuboshi Belting Ltd.		150,300		3,197,218
*	Mitsui E&S Holdings Co. Ltd.		298,581		837,703
#	Mitsui Matsushima Holdings Co. Ltd.		74,400		1,199,178
	Mitsui-Soko Holdings Co. Ltd.		128,400		2,676,659
	Miyaji Engineering Group, Inc.		37,517		827,261
	Mori-Gumi Co. Ltd.		69,500		136,959
	Morita Holdings Corp.		209,700		1,798,398
#	NAC Co. Ltd.		61,300		383,319
	Nachi-Fujikoshi Corp.		89,900		2,355,080
	Nadex Co. Ltd.		40,600		208,440
	Nagase & Co. Ltd.		584,600		7,964,771
	Naigai Trans Line Ltd.		41,700		576,957
	Nakabayashi Co. Ltd.		113,400		404,195
	Nakakita Seisakusho Co. Ltd.		3,700		50,602
	Nakamoto Packs Co. Ltd.		33,300		333,095
*	Nakamura Choukou Co. Ltd.		6,600		26,109
	Nakanishi Manufacturing Co. Ltd.		5,700		59,374
#	Nakano Corp.		107,000		218,447
# *	Namura Shipbuilding Co. Ltd.		268,528		985,454
	Nankai Electric Railway Co. Ltd.		85,900		1,737,700
	Narasaki Sangyo Co. Ltd.		25,400		288,961
	Nice Corp.		32,100		288,556
	Nichias Corp.		382,800		5,905,869
#	Nichiban Co. Ltd.		68,100		777,790
	Nichiden Corp.		97,100		1,147,874
	Nichiha Corp.		163,980		3,105,207
	Nichireki Co. Ltd.		153,000		1,342,850
	Nihon Dengi Co. Ltd.		30,800		597,025
	Nihon Flush Co. Ltd.		122,000		793,741
	Nikkiso Co. Ltd.		307,500		2,049,150
#	Nikko Co. Ltd.		168,400		691,554
	Nikkon Holdings Co. Ltd.		377,400		5,895,645
	Nippi, Inc.		11,900		276,371
#	Nippon Air Conditioning Services Co. Ltd.		187,100		915,052
	Nippon Aqua Co. Ltd.		55,400		273,380
	Nippon Carbon Co. Ltd.		66,200		1,873,960
	Nippon Concept Corp.		39,500		459,302
	Nippon Densetsu Kogyo Co. Ltd.		224,600		2,512,855
	Nippon Dry-Chemical Co. Ltd.		11,300		107,593
	Nippon Filcon Co. Ltd.		15,700		47,846
	Nippon Hume Corp.		137,300		566,441
	Nippon Koei Co. Ltd.		74,200		1,660,002
#	Nippon Parking Development Co. Ltd.		1,330,600		2,309,812
	Nippon Rietec Co. Ltd.		26,400		133,344
	Nippon Road Co. Ltd.		20,400		839,601

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Nippon Seisen Co. Ltd.		14,800	$	414,430
	Nippon Sharyo Ltd.		40,999		546,016
*	Nippon Sheet Glass Co. Ltd.		425,600		1,587,319
	Nippon Steel Trading Corp.		96,960		3,336,100
	Nippon Thompson Co. Ltd.		346,400		1,235,466
	Nippon Tungsten Co. Ltd.		6,699		108,258
#	Nishimatsu Construction Co. Ltd.		313,800		7,640,054
	Nishi-Nippon Railroad Co. Ltd.		244,600		4,797,523
	Nishio Rent All Co. Ltd.		123,800		2,489,156
	Nissei ASB Machine Co. Ltd.		51,100		1,274,417
	Nissei Plastic Industrial Co. Ltd.		105,100		676,996
	Nisshinbo Holdings, Inc.		911,180		6,316,101
	Nissin Corp.		92,500		1,196,965
	Nissin Electric Co. Ltd.		323,700		3,004,613
	Nisso Corp.		69,000		261,542
	Nitta Corp.		126,200		2,448,744
	Nitto Boseki Co. Ltd.		72,600		1,076,076
	Nitto Kogyo Corp.		169,300		2,801,962
	Nitto Kohki Co. Ltd.		69,900		740,827
	Nitto Seiko Co. Ltd.		186,200		646,747
	Nittoc Construction Co. Ltd.		121,600		716,131
	NJS Co. Ltd.		36,800		512,918
	Noda Corp.		118,500		986,841
	Nomura Co. Ltd.		61,400		448,489
#	Nomura Micro Science Co. Ltd.		39,900		999,761
	Noritake Co. Ltd.		58,900		1,635,100
	Noritsu Koki Co. Ltd.		118,900		2,140,483
	Noritz Corp.		175,100		1,797,319
#	NS Tool Co. Ltd.		105,300		816,579
#	NS United Kaiun Kaisha Ltd.		59,600		1,483,340
	NTN Corp.		2,686,900		4,783,020
#	Obara Group, Inc.		73,700		1,709,048
#	Ochi Holdings Co. Ltd.		8,900		71,791
	Odawara Engineering Co. Ltd.		9,900		101,151
	Ohba Co. Ltd.		76,500		351,008
	Ohmoto Gumi Co. Ltd.		4,100		165,426
	Oiles Corp.		143,970		1,446,659
	Okabe Co. Ltd.		233,200		1,102,530
	Okada Aiyon Corp.		42,800		413,360
	Okamoto Machine Tool Works Ltd.		25,299		803,711
	Okamura Corp.		374,000		3,442,741
	OKUMA Corp.		150,100		5,024,552
	Okumura Corp.		187,880		3,552,776
	Onoken Co. Ltd.		107,500		1,039,655
	Organo Corp.		168,400		2,905,489
	Oriental Consultants Holdings Co. Ltd.		6,100		106,955
	Oriental Shiraishi Corp.		754,400		1,358,990
#	Origin Co. Ltd.		24,900		217,236
	OSG Corp.		526,900		6,698,620
	Outsourcing, Inc.		731,600		5,699,249
	Oyo Corp.		126,400		1,918,971
#	Paraca, Inc.		35,900		459,991
	Parker Corp.		34,000		112,790
#	Pasco Corp.		11,200		96,976
	Pasona Group, Inc.		143,100		1,968,420
	Pegasus Sewing Machine Manufacturing Co. Ltd.		139,900		814,580
	Penta-Ocean Construction Co. Ltd.		1,589,800		7,906,395
	People Dreams & Technologies Group Co. Ltd.		23,700		430,931
	Pilot Corp.		128,200		4,984,322

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Prestige International, Inc.		650,300	$	3,141,019
	Pronexus, Inc.		104,900		675,811
	PS Mitsubishi Construction Co. Ltd.		203,300		841,978
	Punch Industry Co. Ltd.		88,700		239,575
	Quick Co. Ltd.		77,000		1,000,847
	Raito Kogyo Co. Ltd.		287,200		3,917,848
	Raiznext Corp.		271,700		2,275,738
#	Rasa Corp.		63,200		424,363
	Rheon Automatic Machinery Co. Ltd.		120,500		943,271
#	Rix Corp.		17,300		242,328
	Ryobi Ltd.		154,540		1,370,104
#	S LINE Co. Ltd.		23,800		126,255
	Sakai Heavy Industries Ltd.		23,300		468,173
	Sakai Moving Service Co. Ltd.		71,800		2,269,503
# *	Sanix, Inc.		16,900		25,993
	Sanki Engineering Co. Ltd.		270,600		2,929,221
	Sanko Gosei Ltd.		134,300		420,921
	Sanko Metal Industrial Co. Ltd.		16,200		314,209
#	Sankyo Tateyama, Inc.		174,274		636,624
	Sankyu, Inc.		189,600		5,653,246
	Sansei Technologies, Inc.		64,500		329,642
	Sansha Electric Manufacturing Co. Ltd.		62,600		380,207
	Sanyo Denki Co. Ltd.		53,600		1,961,995
	Sanyo Engineering & Construction, Inc.		60,200		252,434
	Sanyo Industries Ltd.		9,900		106,610
	Sanyo Trading Co. Ltd.		138,600		966,967
#	Sata Construction Co. Ltd.		86,199		234,544
	Sato Holdings Corp.		177,900		2,194,616
	Sato Shoji Corp.		86,800		673,044
	SBS Holdings, Inc.		119,400		2,324,819
#	SEC Carbon Ltd.		10,900		502,953
	Seibu Electric & Machinery Co. Ltd.		10,300		102,754
	Seika Corp.		56,700		623,571
#	Seikitokyu Kogyo Co. Ltd.		185,330		1,020,196
	Seiko Electric Co. Ltd.		4,900		31,853
	Seino Holdings Co. Ltd.		396,900		3,049,703
	Sekisui Jushi Corp.		197,500		2,261,455
	Senko Group Holdings Co. Ltd.		704,600		4,706,661
#	Senshu Electric Co. Ltd.		59,600		1,079,804
	Shibaura Machine Co. Ltd.		130,900		2,541,074
	Shibusawa Warehouse Co. Ltd.		59,200		815,012
	Shibuya Corp.		93,700		1,617,143
	Shima Seiki Manufacturing Ltd.		169,000		2,357,841
#	Shimojima Co. Ltd.		48,800		344,922
	Shin Maint Holdings Co. Ltd.		14,600		125,415
	Shin Nippon Air Technologies Co. Ltd.		85,480		1,091,162
#	Shinki Bus Co. Ltd.		1,900		43,120
	Shinmaywa Industries Ltd.		367,000		2,502,819
	Shinnihon Corp.		164,700		801,514
	Shinsho Corp.		31,100		835,292
	Shinwa Co. Ltd.		62,300		833,478
	Shinwa Co. Ltd.		24,800		132,282
#	SIGMAXYZ Holdings, Inc.		220,000		1,766,989
	Sinfonia Technology Co. Ltd.		137,100		1,247,318
	Sinko Industries Ltd.		124,500		1,296,374
	Sintokogio Ltd.		273,000		1,260,572
	SMS Co. Ltd.		199,000		4,565,230
#	Soda Nikka Co. Ltd.		105,700		401,722
	Sodick Co. Ltd.		286,600		1,489,569

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Sotetsu Holdings, Inc.		145,600	$	2,204,991
#	Space Co. Ltd.		96,562		570,156
	S-Pool, Inc.		410,600		2,621,976
	Star Micronics Co. Ltd.		217,000		2,485,741
#	Studio Alice Co. Ltd.		56,600		790,285
	Subaru Enterprise Co. Ltd.		6,300		355,395
#	Sugimoto & Co. Ltd.		61,600		808,128
#	Sumiseki Holdings, Inc.		320,200		449,852
	Sumitomo Densetsu Co. Ltd.		110,600		1,945,707
	Sumitomo Mitsui Construction Co. Ltd.		976,140		2,867,603
#	Sumitomo Precision Products Co. Ltd.		17,284		287,658
	Sumitomo Warehouse Co. Ltd.		350,900		4,762,665
	Suzumo Machinery Co. Ltd.		4,400		29,192
	SWCC Showa Holdings Co. Ltd.		154,100		1,851,183
#	Tacmina Corp.		14,700		116,506
	Tadano Ltd.		694,500		4,245,262
	Taihei Dengyo Kaisha Ltd.		91,000		2,008,633
#	Taiheiyo Kouhatsu, Inc.		43,500		198,126
	Taikisha Ltd.		161,000		3,798,621
	Taisei Oncho Co. Ltd.		14,900		184,359
	Takamatsu Construction Group Co. Ltd.		103,300		1,347,045
	Takamatsu Machinery Co. Ltd.		34,000		132,110
	Takamiya Co. Ltd.		137,800		377,156
	Takano Co. Ltd.		50,700		223,268
	Takaoka Toko Co. Ltd.		65,620		809,895
#	Takara & Co. Ltd.		47,155		684,742
	Takara Standard Co. Ltd.		202,100		1,735,407
	Takasago Thermal Engineering Co. Ltd.		297,900		3,623,971
	Takashima & Co. Ltd.		25,200		452,228
	Takeuchi Manufacturing Co. Ltd.		225,200		4,541,602
	Takigami Steel Construction Co. Ltd.		5,300		256,196
#	Takisawa Machine Tool Co. Ltd.		36,300		260,108
	Takuma Co. Ltd.		179,900		1,493,576
	Tanabe Consulting Group Co. Ltd.		2,400		9,962
	Tanabe Engineering Corp.		39,500		239,381
	Tanseisha Co. Ltd.		249,249		1,343,406
	Tatsuta Electric Wire & Cable Co. Ltd.		241,100		713,406
	TECHNO ASSOCIE Co. Ltd.		50,100		353,359
	Techno Ryowa Ltd.		68,690		404,034
	Techno Smart Corp.		49,500		405,312
	Teikoku Electric Manufacturing Co. Ltd.		108,100		1,437,818
	Teikoku Sen-I Co. Ltd.		113,000		1,210,413
	Tekken Corp.		83,400		988,900
	Tenox Corp.		2,800		16,945
	Teraoka Seisakusho Co. Ltd.		51,000		109,697
	Terasaki Electric Co. Ltd.		25,500		161,829
#	Tess Holdings Co. Ltd.		29,200		200,126
	Toa Corp.		93,100		1,522,129
	TOA ROAD Corp.		25,500		1,031,603
	Toba, Inc.		9,800		179,666
	Tobishima Corp.		120,270		839,055
	Tocalo Co. Ltd.		383,600		3,064,814
	Toda Corp.		752,400		3,760,691
	Toenec Corp.		54,000		1,276,473
	Togami Electric Manufacturing Co. Ltd.		17,800		204,060
	TOKAI Holdings Corp.		645,200		3,853,322
	Tokai Lease Co. Ltd.		18,800		181,512
	Tokyo Energy & Systems, Inc.		144,700		899,147
	Tokyo Keiki, Inc.		71,022		610,864

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Tokyo Sangyo Co. Ltd.		126,500	$	687,822
	Tokyu Construction Co. Ltd.		535,700		2,248,165
	Toli Corp.		282,400		379,706
	Tomoe Corp.		155,100		365,758
#	Tomoe Engineering Co. Ltd.		47,900		760,986
	Tonami Holdings Co. Ltd.		37,500		889,273
	Torishima Pump Manufacturing Co. Ltd.		120,300		1,042,145
	Totech Corp.		49,200		1,156,030
	Totetsu Kogyo Co. Ltd.		156,200		2,593,126
#	Totoku Electric Co. Ltd.		17,700		261,840
	Toyo Construction Co. Ltd.		492,600		2,976,455
	Toyo Denki Seizo KK		22,850		130,681
# *	Toyo Engineering Corp.		194,378		764,599
	Toyo Logistics Co. Ltd.		85,100		147,680
	Toyo Machinery & Metal Co. Ltd.		100,000		349,009
	Toyo Tanso Co. Ltd.		80,600		2,017,110
#	Toyo Wharf & Warehouse Co. Ltd.		24,100		182,938
	Trancom Co. Ltd.		48,200		2,469,638
	TRE Holdings Corp.		57,612		621,366
	Trinity Industrial Corp.		36,000		162,038
	Trusco Nakayama Corp.		231,800		3,104,859
	Tsubaki Nakashima Co. Ltd.		261,300		2,164,612
	Tsubakimoto Chain Co.		164,740		3,527,042
	Tsubakimoto Kogyo Co. Ltd.		28,400		729,979
	Tsugami Corp.		279,800		2,095,476
	Tsukishima Kikai Co. Ltd.		165,000		1,118,578
	Tsurumi Manufacturing Co. Ltd.		117,500		1,745,667
#	Ueki Corp.		60,800		503,837
#	Union Tool Co.		46,900		1,129,028
	Ushio, Inc.		622,400		6,463,241
	UT Group Co. Ltd.		183,200		2,986,375
	Waida Manufacturing Co. Ltd.		800		5,004
	Wakachiku Construction Co. Ltd.		76,000		1,283,013
	Wakita & Co. Ltd.		220,000		1,736,766
#	WDB Holdings Co. Ltd.		64,600		1,114,126
	Weathernews, Inc.		36,200		1,885,412
	Welbe, Inc.		59,100		378,906
	Will Group, Inc.		98,000		938,231
#	World Holdings Co. Ltd.		50,700		889,243
	Yahagi Construction Co. Ltd.		172,600		870,086
	YAMABIKO Corp.		219,428		1,689,654
	YAMADA Consulting Group Co. Ltd.		64,900		531,708
	Yamashina Corp.		245,700		107,345
	Yamashin-Filter Corp.		30,600		85,482
	Yamato Corp.		108,400		487,299
#	Yamaura Corp.		12,700		84,513
	Yamazen Corp.		362,500		2,253,691
	Yasuda Logistics Corp.		99,100		611,974
	Yokogawa Bridge Holdings Corp.		203,700		2,707,094
	Yondenko Corp.		54,120		658,300
	Yuasa Trading Co. Ltd.		106,400		2,648,335
	Yuken Kogyo Co. Ltd.		20,000		234,858
	Yurtec Corp.		257,400		1,232,008
	Yushin Precision Equipment Co. Ltd.		29,800		140,836
	Zaoh Co. Ltd.		25,900		285,730
	Zenitaka Corp.		19,200		363,301
	Zuiko Corp.		94,600		425,975
TOTAL INDUSTRIALS					720,093,537

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (15.3%)
#	A&D HOLON Holdings Co. Ltd.		129,500	$	797,049
*	Access Co. Ltd.		155,800		822,226
#	Ad-sol Nissin Corp.		47,200		484,122
	Adtec Plasma Technology Co. Ltd.		25,000		260,300
*	Advanced Media, Inc.		40,600		266,606
#	AGS Corp.		13,000		53,695
	Ai Holdings Corp.		244,900		3,625,125
	Aichi Tokei Denki Co. Ltd.		53,600		468,017
	Aiphone Co. Ltd.		66,800		898,920
# *	Allied Telesis Holdings KK		191,200		118,234
	Alpha Systems, Inc.		29,220		843,389
	Alps Alpine Co. Ltd.		788,800		6,776,241
	Amano Corp.		291,800		4,993,395
	Anritsu Corp.		849,300		8,548,093
	AOI Electronics Co. Ltd.		27,700		358,540
	Argo Graphics, Inc.		105,300		2,742,401
	Arisawa Manufacturing Co. Ltd.		210,800		1,780,553
	Artiza Networks, Inc.		14,900		104,008
	Asahi Intelligence Service Co. Ltd.		1,300		9,543
	Ascentech KK		21,700		73,280
#	Asteria Corp.		76,600		419,784
#	Atled Corp.		15,700		161,476
	Aval Data Corp.		3,200		52,808
#	Avant Group Corp.		127,700		1,266,705
	Axell Corp.		23,100		196,809
	Base Co. Ltd.		15,600		447,857
	Bell System24 Holdings, Inc.		218,600		2,030,603
*	BrainPad, Inc.		87,600		532,471
	Broadband Tower, Inc.		116,500		135,290
	Broadleaf Co. Ltd.		300,300		1,100,160
	Business Brain Showa-Ota, Inc.		39,600		399,718
#	Business Engineering Corp.		4,400		61,432
	CAC Holdings Corp.		75,200		760,407
	Canon Electronics, Inc.		125,200		1,321,970
#	CDS Co. Ltd.		15,500		189,335
	Celsys, Inc.		206,000		1,089,049
#	Change, Inc.		90,200		1,204,884
	Chino Corp.		45,000		518,578
	Citizen Watch Co. Ltd.		1,669,800		7,012,673
	CMK Corp.		278,600		1,002,777
	Computer Engineering & Consulting Ltd.		170,100		1,783,297
#	Computer Institute of Japan Ltd.		113,639		626,460
	Comture Corp.		143,900		2,341,277
	CONEXIO Corp.		98,700		755,423
	Core Corp.		45,800		455,180
#	Cresco Ltd.		86,500		1,006,697
#	Cross Cat Co. Ltd.		8,200		79,537
#	Cube System, Inc.		60,600		407,163
	Cyber Com Co. Ltd.		10,600		102,807
	Cyberlinks Co. Ltd.		32,400		287,383
	Cybernet Systems Co. Ltd.		6,500		45,740
	Cybozu, Inc.		150,100		1,917,683
	Daiko Denshi Tsushin Ltd.		23,100		73,631
#	Daishinku Corp.		160,896		1,002,762
	Daitron Co. Ltd.		55,600		794,275
	Daiwabo Holdings Co. Ltd.		581,600		7,504,581
	Dawn Corp.		4,000		50,156
#	Densan System Holdings Co. Ltd.		43,600		689,528
	Dexerials Corp.		345,400		8,044,653

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Digital Arts, Inc.		75,200	$	3,160,207
	Digital Garage, Inc.		168,200		4,027,495
#	Digital Hearts Holdings Co. Ltd.		74,800		1,025,407
	Digital Information Technologies Corp.		61,700		725,684
	DKK Co. Ltd.		63,400		1,021,897
#	DKK-Toa Corp.		31,400		180,891
	Double Standard, Inc.		42,500		749,187
	DTS Corp.		254,000		6,038,755
	Ebase Co. Ltd.		125,600		464,521
# *	E-Guardian, Inc.		62,600		1,279,105
	Eizo Corp.		100,300		2,439,949
	Elecom Co. Ltd.		256,300		2,374,323
	Elematec Corp.		118,242		1,232,490
	Enomoto Co. Ltd.		30,200		362,824
	Enplas Corp.		48,600		1,327,884
	ESPEC Corp.		117,700		1,509,342
	Fenwal Controls of Japan Ltd.		20,500		193,041
	Ferrotec Holdings Corp.		237,000		4,015,993
	Fixstars Corp.		105,300		795,723
	Focus Systems Corp.		53,700		364,514
#	Forval Corp.		51,100		322,612
	FTGroup Co. Ltd.		51,000		289,489
	Fuji Soft, Inc.		61,000		3,318,540
	Fukui Computer Holdings, Inc.		58,900		1,375,125
	Furuno Electric Co. Ltd.		157,500		1,135,861
#	Furuya Metal Co. Ltd.		16,500		885,058
	Future Corp.		296,700		3,329,714
	Future Innovation Group, Inc.		11,900		31,413
#	Gig Works, Inc.		34,700		73,494
#	GL Sciences, Inc.		44,500		660,934
#	Glosel Co. Ltd.		113,200		316,259
#	GMO Financial Gate, Inc.		6,800		634,544
	GMO GlobalSign Holdings KK		33,800		1,050,657
#	GMO Pepabo, Inc.		7,300		98,712
	Hagiwara Electric Holdings Co. Ltd.		48,300		733,075
#	Hakuto Co. Ltd.		84,900		2,187,068
# *	Hennge KK		13,200		93,127
	Himacs Ltd.		960		9,492
	Hioki EE Corp.		63,000		3,007,169
	Hochiki Corp.		91,500		876,933
	Hokuriku Electric Industry Co. Ltd.		21,839		154,484
	Horiba Ltd.		92,500		3,795,042
	Hosiden Corp.		320,100		3,376,367
# *	Hotto Link, Inc.		55,800		146,177
#	HPC Systems, Inc.		17,700		242,056
	Icom, Inc.		54,900		922,934
	ID Holdings Corp.		79,450		484,207
	I’ll, Inc.		28,500		354,646
	Ines Corp.		125,400		1,275,718
#	I-Net Corp.		76,490		687,238
	Infomart Corp.		761,600		2,463,794
	Information Services International-Dentsu Ltd.		80,000		2,446,775
	Innotech Corp.		96,100		810,917
	Intelligent Wave, Inc.		50,500		281,845
	Inter Action Corp.		58,500		559,511
	I-PEX, Inc.		72,100		620,165
	Iriso Electronics Co. Ltd.		131,700		3,815,611
	ISB Corp.		51,700		454,495
*	ITbook Holdings Co. Ltd.		72,300		199,196

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Itfor, Inc.		172,600	$	889,505
#	Iwatsu Electric Co. Ltd.		53,100		268,412
	Japan Aviation Electronics Industry Ltd.		303,200		4,718,969
	Japan Cash Machine Co. Ltd.		141,800		662,469
	Japan Electronic Materials Corp.		61,600		597,540
	Japan Material Co. Ltd.		434,600		5,721,773
	Japan System Techniques Co. Ltd.		30,400		307,068
	Jastec Co. Ltd.		72,900		630,468
#	JBCC Holdings, Inc.		92,300		1,203,324
	JFE Systems, Inc.		10,000		150,149
# *	JIG-SAW, Inc.		18,500		546,502
	Justsystems Corp.		125,000		2,629,073
	Kaga Electronics Co. Ltd.		109,300		3,239,303
	Kanematsu Electronics Ltd.		78,100		2,320,130
*	Kaonavi, Inc.		2,800		48,089
	KEL Corp.		27,900		303,063
	Koa Corp.		195,100		2,809,910
	Konica Minolta, Inc.		2,014,100		6,136,873
	KSK Co. Ltd.		3,000		44,103
#	Kyoden Co. Ltd.		116,100		426,143
	Kyosan Electric Manufacturing Co. Ltd.		257,600		694,140
	Kyowa Electronic Instruments Co. Ltd.		129,800		289,601
#	LAC Co. Ltd.		100,100		526,901
	Macnica Holdings, Inc.		335,450		6,709,361
#	Marubun Corp.		108,900		630,445
	Maruwa Co. Ltd.		57,700		6,779,271
	Maxell Ltd.		300,200		2,490,441
	MCJ Co. Ltd.		430,200		2,716,869
	Megachips Corp.		111,500		1,908,583
	Meiko Electronics Co. Ltd.		131,900		2,338,271
#	Melco Holdings, Inc.		35,600		747,880
*	Metaps, Inc.		2,500		9,672
	Micronics Japan Co. Ltd.		148,500		1,372,842
	MIMAKI ENGINEERING Co. Ltd.		113,200		559,164
	Mimasu Semiconductor Industry Co. Ltd.		110,981		1,716,236
	Miraial Co. Ltd.		42,100		448,331
	Miroku Jyoho Service Co. Ltd.		112,800		1,132,354
	Mitachi Co. Ltd.		7,900		50,159
	Mitsubishi Research Institute, Inc.		50,700		1,770,820
	m-up Holdings, Inc.		178,500		1,884,010
#	Mutoh Holdings Co. Ltd.		9,300		113,086
	Nagano Keiki Co. Ltd.		86,800		633,526
	Naigai Tec Corp.		7,900		132,096
	Nakayo, Inc.		22,900		163,512
	NEC Networks & System Integration Corp.		160,608		1,721,082
	NET One Systems Co. Ltd.		383,900		7,884,792
	NF Holdings Corp.		18,200		115,912
	Nichicon Corp.		308,300		2,902,293
	Nihon Dempa Kogyo Co. Ltd.		108,100		1,185,286
	Nihon Denkei Co. Ltd.		43,300		414,893
	Nippon Ceramic Co. Ltd.		8,900		154,637
*	Nippon Chemi-Con Corp.		120,900		1,520,554
#	Nippon Computer Dynamics Co. Ltd.		36,200		168,742
# *	Nippon Denkai Ltd.		1,200		23,023
	Nippon Electric Glass Co. Ltd.		338,236		5,856,755
#	Nippon Information Development Co. Ltd.		12,600		136,244
#	Nippon Kodoshi Corp.		51,600		729,263
	Nippon Signal Company Ltd.		290,400		1,968,387
	Nissha Co. Ltd.		242,900		2,859,753

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Nohmi Bosai Ltd.		145,100	$	1,565,219
	NSD Co. Ltd.		489,360		8,362,456
	NSW, Inc.		48,600		694,351
#	Ohara, Inc.		48,700		396,399
#	Ohizumi Mfg. Co. Ltd.		7,001		40,625
	Oki Electric Industry Co. Ltd.		519,356		2,574,653
*	ONO Sokki Co. Ltd.		25,600		64,344
	Optex Group Co. Ltd.		174,820		2,406,716
*	Optim Corp.		86,500		524,687
	Optorun Co. Ltd.		110,300		1,566,218
	Oro Co. Ltd.		37,200		418,940
	Osaki Electric Co. Ltd.		281,800		988,140
#	Oval Corp.		35,600		108,552
*	Oxide Corp.		3,200		131,299
#	PCA Corp.		40,900		313,669
	PCI Holdings, Inc.		45,300		315,956
	Pole To Win Holdings, Inc.		201,400		1,281,396
#	Pro-Ship, Inc.		51,100		521,627
	Relia, Inc.		244,300		1,639,399
	Restar Holdings Corp.		111,400		1,579,928
*	Ricksoft Co. Ltd.		2,000		24,428
#	Riken Keiki Co. Ltd.		88,700		2,438,857
	Riso Kagaku Corp.		68,700		1,091,246
#	River Eletec Corp.		35,300		243,995
	Roland DG Corp.		82,600		1,770,517
	Rorze Corp.		68,500		3,442,220
	RS Technologies Co. Ltd.		13,400		664,558
	Ryoden Corp.		94,800		1,057,813
	Ryosan Co. Ltd.		130,000		2,298,926
	Saison Information Systems Co. Ltd.		27,400		325,362
	Sakura Internet, Inc.		131,700		468,624
	Sanken Electric Co. Ltd.		103,000		3,528,190
	Sanshin Electronics Co. Ltd.		75,000		971,280
	Santec Corp.		3,600		73,093
#	Satori Electric Co. Ltd.		75,680		666,401
	Saxa Holdings, Inc.		30,600		256,533
#	SB Technology Corp.		64,400		936,870
#	Scala, Inc.		102,100		509,699
	Seikoh Giken Co. Ltd.		23,900		252,988
#	SEMITEC Corp.		8,000		501,353
	SERAKU Co. Ltd.		21,300		172,160
#	Shibaura Electronics Co. Ltd.		45,000		1,412,687
	Shibaura Mechatronics Corp.		23,100		1,516,463
	Shindengen Electric Manufacturing Co. Ltd.		45,700		1,128,630
	Shinko Shoji Co. Ltd.		236,000		1,576,910
#	Shizuki Electric Co., Inc.		121,600		397,507
	Showa Shinku Co. Ltd.		24,400		233,245
#	Sigma Koki Co. Ltd.		28,900		289,300
	Siix Corp.		188,000		1,449,454
	SK-Electronics Co. Ltd.		49,000		413,419
# *	Smaregi, Inc.		6,500		62,325
	SMK Corp.		27,599		491,155
	Softcreate Holdings Corp.		48,200		1,095,999
	Soliton Systems KK		54,100		385,344
	Solxyz Co. Ltd.		41,000		102,478
# *	Speee, Inc.		3,600		60,971
	SRA Holdings		70,400		1,518,767
	Sumida Corp.		158,549		1,048,720
# *	Sun*, Inc.		19,500		117,864

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Sun-Wa Technos Corp.		75,500	$	760,475
	Suzuden Corp.		800		12,770
	Suzuki Co. Ltd.		73,200		435,476
	System D, Inc.		1,100		11,006
	System Information Co. Ltd.		57,600		384,347
	System Research Co. Ltd.		29,800		403,106
	System Support, Inc.		20,700		200,163
	Systems Engineering Consultants Co. Ltd.		6,600		99,654
	Systena Corp.		1,578,800		4,425,184
	Tachibana Eletech Co. Ltd.		103,460		1,148,649
#	Takachiho Koheki Co. Ltd.		40,900		563,145
#	TAKEBISHI Corp.		52,200		538,241
	Tamura Corp.		444,000		2,208,583
	Tazmo Co. Ltd.		3,500		36,669
	TDC Soft, Inc.		93,400		801,493
	TechMatrix Corp.		244,300		2,774,675
	Techno Horizon Co. Ltd.		61,800		211,913
	Tecnos Japan, Inc.		46,100		139,571
	Teikoku Tsushin Kogyo Co. Ltd.		51,500		521,305
# *	Terilogy Co. Ltd.		20,900		47,367
	TESEC Corp.		22,600		361,933
	TKC Corp.		185,800		4,742,901
	Tobila Systems, Inc.		1,600		10,453
	Toho System Science Co. Ltd.		2,700		17,529
	Tokyo Electron Device Ltd.		44,400		2,095,177
	Tokyo Seimitsu Co. Ltd.		248,700		7,479,548
	Tomen Devices Corp.		17,800		623,311
	Topcon Corp.		676,700		7,401,971
#	Torex Semiconductor Ltd.		52,900		1,033,374
	Toshiba TEC Corp.		107,200		2,775,331
	Toukei Computer Co. Ltd.		6,810		272,043
#	Towa Corp.		136,200		1,643,733
	Toyo Corp.		149,600		1,305,839
	Transcosmos, Inc.		115,700		2,659,856
#	Tri Chemical Laboratories, Inc.		154,500		2,310,426
	Tsuzuki Denki Co. Ltd.		42,800		387,008
	Ubicom Holdings, Inc.		30,800		501,690
	Uchida Yoko Co. Ltd.		46,900		1,430,809
	ULS Group, Inc.		13,300		280,225
	Ulvac, Inc.		225,700		8,897,322
#	UNITED, Inc.		24,200		212,191
	User Local, Inc.		9,200		99,479
	V Technology Co. Ltd.		56,900		1,070,238
#	VINX Corp.		25,600		272,990
	Wacom Co. Ltd.		980,900		4,256,399
#	Wellnet Corp.		54,900		236,403
#	WILLs, Inc.		34,200		152,013
	WingArc1st, Inc.		1,400		22,454
#	YAC Holdings Co. Ltd.		59,500		513,122
	Yamaichi Electronics Co. Ltd.		146,000		2,096,711
#	Yashima Denki Co. Ltd.		119,500		815,486
	YE DIGITAL Corp.		14,400		39,001
	Yokowo Co. Ltd.		111,075		1,513,972
TOTAL INFORMATION TECHNOLOGY					389,564,150
MATERIALS — (12.1%)
	Achilles Corp.		80,500		742,495
	ADEKA Corp.		508,800		7,606,774
	Agro-Kanesho Co. Ltd.		2,300		20,932

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Aica Kogyo Co. Ltd.		179,900	$	3,866,512
	Aichi Steel Corp.		65,365		914,118
	Arakawa Chemical Industries Ltd.		106,400		676,783
	Araya Industrial Co. Ltd.		21,400		272,907
	Asahi Holdings, Inc.		472,200		6,022,117
	Asahi Printing Co. Ltd.		25,700		144,539
	ASAHI YUKIZAI Corp.		89,600		1,438,665
	Asahipen Corp.		2,100		27,598
	Asia Pile Holdings Corp.		210,800		715,038
#	C Uyemura & Co. Ltd.		71,500		3,270,202
	Carlit Holdings Co. Ltd.		128,900		595,635
	Chuetsu Pulp & Paper Co. Ltd.		32,800		204,004
#	Chugoku Marine Paints Ltd.		323,800		1,988,522
	CI Takiron Corp.		284,700		983,704
#	CK-San-Etsu Co. Ltd.		22,800		628,714
	Dai Nippon Toryo Co. Ltd.		130,200		642,301
	Daicel Corp.		1,608,100		9,175,525
	Daido Steel Co. Ltd.		164,600		4,267,591
#	Daiichi Kigenso Kagaku-Kogyo Co. Ltd.		125,200		1,058,158
	Daiken Corp.		62,200		832,816
	Daiki Aluminium Industry Co. Ltd.		177,300		1,526,650
	Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		76,800		908,605
	Daio Paper Corp.		315,700		2,329,224
	Daito Chemix Corp.		17,200		65,203
	DIC Corp.		341,600		5,735,589
	DKS Co. Ltd.		47,000		586,204
	Dynapac Co. Ltd.		8,500		72,595
#	FP Corp.		87,200		2,074,531
	Fuji Seal International, Inc.		243,828		2,856,412
	Fujikura Kasei Co. Ltd.		162,600		427,104
	Fujimi, Inc.		76,800		3,206,486
	Fujimori Kogyo Co. Ltd.		104,000		2,172,411
	Fuso Chemical Co. Ltd.		117,200		2,647,288
	Geostr Corp.		33,400		64,246
	Godo Steel Ltd.		59,700		685,802
	Gun-Ei Chemical Industry Co. Ltd.		29,000		468,323
	Hakudo Co. Ltd.		41,600		688,472
	Harima Chemicals Group, Inc.		93,100		516,951
	Hodogaya Chemical Co. Ltd.		43,000		827,277
	Hokkan Holdings Ltd.		58,100		510,304
	Hokko Chemical Industry Co. Ltd.		115,300		734,161
#	Hokuetsu Corp.		775,199		4,021,313
	Ise Chemicals Corp.		13,000		456,642
	Ishihara Chemical Co. Ltd.		72,000		601,057
	Ishihara Sangyo Kaisha Ltd.		218,650		1,505,916
	Ishizuka Glass Co. Ltd.		12,900		127,019
	Japan Pure Chemical Co. Ltd.		500		8,091
	JCU Corp.		132,700		2,509,542
	JSP Corp.		79,400		776,060
	Kaneka Corp.		182,500		4,525,500
	Kanto Denka Kogyo Co. Ltd.		281,200		1,793,755
	Katakura & Co-op Agri Corp.		21,500		171,685
	KeePer Technical Laboratory Co. Ltd.		91,700		2,528,767
	KEIWA, Inc.		25,600		623,351
#	KH Neochem Co. Ltd.		227,300		3,879,649
	Kimoto Co. Ltd.		181,500		285,324
	Koatsu Gas Kogyo Co. Ltd.		185,393		785,417
	Kobe Steel Ltd.		1,343,885		5,511,129
	Kohsoku Corp.		70,200		746,631

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Konishi Co. Ltd.		208,800	$	2,439,098
#	Konoshima Chemical Co. Ltd.		37,500		293,954
	Krosaki Harima Corp.		30,100		934,735
#	Kumiai Chemical Industry Co. Ltd.		321,187		2,110,879
#	Kunimine Industries Co. Ltd.		41,700		201,010
	Kureha Corp.		103,950		6,674,583
	Kurimoto Ltd.		60,500		660,669
	Kuriyama Holdings Corp.		78,000		502,350
	Kyoei Steel Ltd.		141,500		1,249,433
	Kyowa Leather Cloth Co. Ltd.		78,800		269,211
	Lintec Corp.		265,900		3,989,456
	Maeda Kosen Co. Ltd.		118,600		2,408,916
	Maruichi Steel Tube Ltd.		204,800		3,865,739
	MEC Co. Ltd.		97,900		1,564,805
#	Mipox Corp.		19,600		82,397
#	Mitani Sekisan Co. Ltd.		66,000		1,696,819
	Mitsubishi Materials Corp.		369,500		4,829,542
*	Mitsubishi Paper Mills Ltd.		235,100		433,184
#	Mitsubishi Steel Manufacturing Co. Ltd.		60,400		370,654
	Mitsui Mining & Smelting Co. Ltd.		366,200		7,396,353
#	Molitec Steel Co. Ltd.		58,800		129,281
	MORESCO Corp.		39,800		275,165
	Moriroku Holdings Co. Ltd.		13,500		153,574
	Mory Industries, Inc.		33,200		594,947
#	Nakayama Steel Works Ltd.		169,700		726,241
#	Nasu Denki Tekko Co. Ltd.		3,000		144,528
	Neturen Co. Ltd.		217,300		976,470
#	New Japan Chemical Co. Ltd.		111,300		203,666
	Nicca Chemical Co. Ltd.		45,700		269,675
#	Nichia Steel Works Ltd.		94,300		142,756
	Nihon Kagaku Sangyo Co. Ltd.		81,300		552,834
	Nihon Nohyaku Co. Ltd.		243,500		1,503,812
	Nihon Parkerizing Co. Ltd.		521,900		3,392,719
# *	Nihon Yamamura Glass Co. Ltd.		58,200		226,460
	Nippon Carbide Industries Co., Inc.		46,200		398,047
	Nippon Chemical Industrial Co. Ltd.		49,500		623,019
	Nippon Concrete Industries Co. Ltd.		284,700		461,161
	Nippon Denko Co. Ltd.		687,014		1,567,493
#	Nippon Fine Chemical Co. Ltd.		82,800		1,161,519
	Nippon Kayaku Co. Ltd.		581,500		4,618,913
	Nippon Light Metal Holdings Co. Ltd.		369,390		3,599,892
	Nippon Paper Industries Co. Ltd.		560,900		3,265,363
	Nippon Pillar Packing Co. Ltd.		118,500		1,941,368
	Nippon Shokubai Co. Ltd.		98,600		3,536,855
	Nippon Soda Co. Ltd.		147,700		4,406,305
#	Nippon Yakin Kogyo Co. Ltd.		89,049		1,692,819
#	Nitta Gelatin, Inc.		85,500		557,106
	Nittetsu Mining Co. Ltd.		70,600		1,404,596
	Nozawa Corp.		47,500		224,180
	Oat Agrio Co. Ltd.		49,200		571,986
	Okamoto Industries, Inc.		70,500		1,758,233
	Okura Industrial Co. Ltd.		54,600		687,840
	Osaka Organic Chemical Industry Ltd.		101,200		1,352,211
	Osaka Soda Co. Ltd.		85,499		2,077,959
	Osaka Steel Co. Ltd.		89,300		639,238
	Pacific Metals Co. Ltd.		92,999		1,148,603
	Pack Corp.		87,200		1,378,838
	Rasa Industries Ltd.		44,400		657,228
	Rengo Co. Ltd.		980,600		5,447,837

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
	Riken Technos Corp.		231,800	$	803,638
	Sakai Chemical Industry Co. Ltd.		86,300		1,140,331
	Sakata INX Corp.		263,400		1,884,938
	Sanyo Chemical Industries Ltd.		85,200		2,413,055
#	Sanyo Special Steel Co. Ltd.		127,360		1,634,153
	Seiko PMC Corp.		64,500		226,343
	Sekisui Kasei Co. Ltd.		150,000		390,399
	Shikoku Chemicals Corp.		226,800		1,974,413
	Shinagawa Refractories Co. Ltd.		35,900		952,272
	Shin-Etsu Polymer Co. Ltd.		283,900		2,366,330
	SK Kaken Co. Ltd.		1,300		332,123
	Soken Chemical & Engineering Co. Ltd.		48,400		619,447
	Stella Chemifa Corp.		64,600		1,158,850
	Sumitomo Bakelite Co. Ltd.		194,100		5,253,564
	Sumitomo Osaka Cement Co. Ltd.		212,499		4,524,274
	Sumitomo Seika Chemicals Co. Ltd.		56,400		1,125,799
#	T Hasegawa Co. Ltd.		137,900		2,933,405
#	T&K Toka Co. Ltd.		128,100		823,514
	Taiheiyo Cement Corp.		394,800		5,364,979
	Taisei Lamick Co. Ltd.		36,900		743,965
	Taiyo Holdings Co. Ltd.		229,200		4,042,270
	Takasago International Corp.		83,900		1,576,446
	Takemoto Yohki Co. Ltd.		43,800		215,246
# *	Tanaka Chemical Corp.		13,400		162,793
#	Taoka Chemical Co. Ltd.		19,100		97,602
	Tayca Corp.		97,400		824,168
	Teijin Ltd.		109,300		992,334
	Tenma Corp.		111,300		1,547,360
	Toagosei Co. Ltd.		700,600		5,382,878
*	Toda Kogyo Corp.		4,300		86,884
#	Toho Acetylene Co. Ltd.		12,700		92,096
	Toho Chemical Industry Co. Ltd.		47,000		154,601
	Toho Titanium Co. Ltd.		215,600		3,249,047
	Toho Zinc Co. Ltd.		88,099		1,260,209
	Tohoku Steel Co. Ltd.		16,300		177,054
	Tokai Carbon Co. Ltd.		1,004,500		6,555,281
	Tokushu Tokai Paper Co. Ltd.		59,158		1,163,542
	Tokuyama Corp.		380,397		4,435,576
	Tokyo Ohka Kogyo Co. Ltd.		26,700		1,151,082
	Tokyo Printing Ink Manufacturing Co. Ltd.		10,200		180,917
#	Tokyo Rope Manufacturing Co. Ltd.		46,000		270,028
	Tokyo Steel Manufacturing Co. Ltd.		569,500		4,889,561
	Tokyo Tekko Co. Ltd.		61,900		557,904
	Tomoku Co. Ltd.		70,600		712,618
	Topy Industries Ltd.		98,200		1,049,448
#	Toyo Gosei Co. Ltd.		31,100		1,598,494
	Toyo Ink SC Holdings Co. Ltd.		233,400		3,005,221
	Toyobo Co. Ltd.		511,000		3,569,449
	TYK Corp.		148,500		254,456
	UACJ Corp.		208,841		2,969,458
	UBE Corp.		611,100		7,881,843
	Ultrafabrics Holdings Co. Ltd.		2,600		87,002
	Valqua Ltd.		107,799		1,906,788
	Vertex Corp.		126,294		1,082,669
	Wavelock Holdings Co. Ltd.		30,900		124,471
	Wood One Co. Ltd.		30,597		190,820
	Yamato Kogyo Co. Ltd.		92,100		2,674,568
	Yodogawa Steel Works Ltd.		138,500		2,251,448
	Yotai Refractories Co. Ltd.		115,400		1,072,445
	Yushiro Chemical Industry Co. Ltd.		60,500		328,774
TOTAL MATERIALS					308,991,503

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
REAL ESTATE — (1.4%)
#	AD Works Group Co. Ltd.		47,879	$	52,433
	Airport Facilities Co. Ltd.		143,970		517,780
#	Anabuki Kosan, Inc.		16,400		213,771
	Aoyama Zaisan Networks Co. Ltd.		92,000		568,151
	Apaman Co. Ltd.		75,900		243,990
	Ardepro Co. Ltd.		7,070		19,886
	Arealink Co. Ltd.		31,173		395,537
#	B-Lot Co. Ltd.		25,800		96,176
	Cosmos Initia Co. Ltd.		93,700		346,094
#	CRE, Inc.		31,500		288,156
#	Dear Life Co. Ltd.		152,600		639,414
	Goldcrest Co. Ltd.		102,470		1,202,665
#	Good Com Asset Co. Ltd.		93,000		437,837
	Grandy House Corp.		95,600		355,871
	Heiwa Real Estate Co. Ltd.		129,200		3,582,545
	Ichigo, Inc.		133,800		301,123
#	Japan Property Management Center Co. Ltd.		86,300		589,451
	JINUSHI Co. Ltd.		77,900		1,073,478
#	JSB Co. Ltd.		24,700		639,684
	Katitas Co. Ltd.		177,900		3,980,978
	Keihanshin Building Co. Ltd.		200,200		1,777,955
	LA Holdings Co. Ltd.		3,900		87,331
# *	Leopalace21 Corp.		526,000		1,000,886
#	Loadstar Capital KK		9,200		99,293
#	Mirainovate Co. Ltd.		120,340		195,278
	Mirarth Holdings, Inc.		547,800		1,472,651
	Mugen Estate Co. Ltd.		64,200		202,824
	Nisshin Group Holdings Co. Ltd.		205,500		594,391
#	Raysum Co. Ltd.		90,800		982,802
	SAMTY Co. Ltd.		183,150		2,894,559
	Sankyo Frontier Co. Ltd.		24,600		577,162
	Sansei Landic Co. Ltd.		29,100		164,849
# *	SRE Holdings Corp.		11,500		291,249
	Star Mica Holdings Co. Ltd.		85,900		809,617
	Starts Corp., Inc.		211,600		3,737,588
	Sun Frontier Fudousan Co. Ltd.		187,900		1,450,771
	Sunnexta Group, Inc.		11,100		70,108
	Tenpo Innovation Co. Ltd.		3,100		19,198
	TOC Co. Ltd.		296,050		1,538,638
	Tokyo Rakutenchi Co. Ltd.		19,800		565,352
#	Tokyo Theatres Co., Inc.		47,099		353,383
	Tosei Corp.		187,900		1,792,005
	Urbanet Corp. Co. Ltd.		92,700		191,929
TOTAL REAL ESTATE					36,414,839
UTILITIES — (1.7%)
	Chugoku Electric Power Co., Inc.		252,599		1,185,088
#	EF-ON, Inc.		88,520		381,147
	eRex Co. Ltd.		185,100		3,132,521
	Hiroshima Gas Co. Ltd.		322,200		747,072
	Hokkaido Electric Power Co., Inc.		1,146,900		3,489,987
	Hokkaido Gas Co. Ltd.		92,600		1,060,063
	Hokuriku Electric Power Co.		1,052,600		3,524,273
#	Hokuriku Gas Co. Ltd.		10,100		197,729

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
UTILITIES — (Continued)
	K&O Energy Group, Inc.		93,000	$	1,295,821
	Nippon Gas Co. Ltd.		684,000		9,936,468
	Okinawa Electric Power Co., Inc.		284,216		1,972,425
# *	RENOVA, Inc.		118,700		2,605,165
	Saibu Gas Holdings Co. Ltd.		215,600		2,499,980
	Shikoku Electric Power Co., Inc.		749,500		3,605,731
	Shizuoka Gas Co. Ltd.		319,000		2,336,657
#	Toell Co. Ltd.		57,500		285,467
#	West Holdings Corp.		134,903		4,031,391
TOTAL UTILITIES					42,286,985
TOTAL COMMON STOCKS Cost ($ 2,854,128,543)					2,493,001,458
				Value†
SECURITIES LENDING COLLATERAL — (2.2%)
@ §	The DFA Short Term Investment Fund		4,804,517		55,545,021
TOTAL INVESTMENTS — (100.0%) (Cost $ 2,909,692,756)				$	2,548,546,479

ST Special Tax

» Securities that have been fair value factored. See Note B to Financial Statements.

# Total or Partial Securities on Loan.

* Non-Income Producing Securities.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of October 31, 2022, 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		—	$	60,456,006		—	$	60,456,006
Consumer Discretionary		—		366,770,947		—		366,770,947
Consumer Staples		—		198,062,968		—		198,062,968
Energy		—		19,204,938		—		19,204,938
Financials	$	2,856,753		220,506,329		—		223,363,082
Health Care		—		127,792,503		—		127,792,503
Industrials		—		720,093,537		—		720,093,537
Information Technology		—		389,564,150		—		389,564,150
Materials		—		308,991,503		—		308,991,503
Real Estate		—		36,414,839		—		36,414,839
Utilities		—		42,286,985		—		42,286,985
Securities Lending Collateral		—		55,545,021		—		55,545,021
TOTAL	$	2,856,753	$	2,545,689,726		—	$	2,548,546,479

THE ASIA PACIFIC SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (98.6%)
AUSTRALIA — (64.4%)
	29Metals Ltd.		46,048	$	54,521
*	3P Learning Ltd.		93,233		74,930
*	4DMedical Ltd.		44,717		18,400
*	A2B Australia Ltd.		511,111		378,556
	Accent Group Ltd.		2,684,944		2,540,735
* ††	ACN Ltd.		1,687		1
	Acrow Formwork & Construction Services Ltd.		271,826		93,052
# *	Actinogen Medical Ltd.		729,727		60,409
#	Adairs Ltd.		1,192,185		1,624,292
	Adbri Ltd.		2,615,546		2,636,964
# *	Advance Zinctek Ltd.		9,653		13,440
# *	Aeris Resources Ltd.		148,241		30,196
*	Ainsworth Game Technology Ltd.		557,129		294,886
# *	Alcidion Group Ltd.		643,486		59,791
*	Alkane Resources Ltd.		2,972,923		1,300,793
# *	Alliance Aviation Services Ltd.		423,816		875,907
# *	Alligator Energy Ltd.		8,107,416		268,283
*	Altech Chemicals Ltd.		174,277		11,145
# *	AMA Group Ltd.		6,256,289		974,275
*	AMP Ltd.		12,919,775		10,418,866
*	Andromeda Metals Ltd.		1,579,203		40,370
#	Ansell Ltd.		667,221		12,045,403
# *	Antipa Minerals Ltd.		2,985,349		47,451
	Antipa Minerals Ltd.		282,735		4,521
#	Appen Ltd.		755,130		1,223,392
# *	Arafura Resources Ltd.		10,931,149		2,067,965
#	ARB Corp. Ltd.		515,315		9,567,925
# *	Archer Materials Ltd.		514,440		230,436
*	Ardea Resources Ltd.		132,809		74,687
#	Ardent Leisure Group Ltd.		3,349,117		1,048,764
# *	Argosy Minerals Ltd.		1,030,094		338,851
*	Aroa Biosurgery Ltd.		89,237		48,707
	AUB Group Ltd.		762,060		10,083,242
*	Audinate Group Ltd.		143,037		744,856
# *	Aura Energy Ltd.		259,286		48,886
# *	Aurelia Metals Ltd.		8,352,759		561,196
*	Ausgold Ltd.		420,326		11,815
# *	Aussie Broadband Ltd.		739,376		1,105,201
	Austal Ltd.		2,416,185		3,846,909
	Austin Engineering Ltd.		548,794		126,640
*	Australian Agricultural Co. Ltd.		2,850,244		3,192,052
#	Australian Clinical Labs Ltd.		229,483		496,694
	Australian Ethical Investment Ltd.		301,621		892,085
#	Australian Finance Group Ltd.		1,909,811		2,053,686
# *	Australian Strategic Materials Ltd.		565,588		714,512
# *	Australian Vanadium Ltd.		13,984,327		286,412
#	Australian Vintage Ltd.		2,778,613		1,165,139
*	Australis Oil & Gas Ltd.		643,590		14,486
#	Auswide Bank Ltd.		173,480		631,612
*	Auteco Minerals Ltd.		247,992		7,150
#	AVJennings Ltd.		5,407,981		1,366,352
# * ††	AVZ Minerals Ltd.		263,719		110,604
*	Azure Minerals Ltd.		24,167		3,472
#	Baby Bunting Group Ltd.		813,374		1,456,418
# *	Bannerman Energy Ltd.		95,393		126,781
	Bapcor Ltd.		2,227,045		9,417,379
	Base Resources Ltd.		1,712,813		268,178

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
*	BCI Minerals Ltd.		2,716,101	$	374,193
	Beach Energy Ltd.		8,737,409		8,934,529
	Beacon Lighting Group Ltd.		447,480		564,269
	Beacon Minerals Ltd.		2,446,902		39,079
	Bega Cheese Ltd.		1,973,378		4,052,947
#	Bell Financial Group Ltd.		734,391		432,321
# *	Bellevue Gold Ltd.		6,976,028		3,293,075
*	Berkeley Energia Ltd.		37,692		6,248
# *	Betmakers Technology Group Ltd.		2,293,199		402,514
	Bgv1Nyp		512,124		37,672
# *	Bigtincan Holdings Ltd.		1,280,517		597,699
*	Bionomics Ltd.		160,677		6,358
# *	Black Rock Mining Ltd.		2,860,513		292,127
	Blackmores Ltd.		101,297		4,402,413
*	Blackstone Minerals Ltd.		110,079		11,269
#	Boral Ltd.		1,411,795		2,601,336
*	Boss Energy Ltd.		298,324		500,894
*	Botanix Pharmaceuticals Ltd.		688,967		28,774
# *	Bowen Coking Coal Ltd.		453,269		85,347
#	Bravura Solutions Ltd.		1,692,017		1,320,876
#	Breville Group Ltd.		652,020		8,261,901
	Brickworks Ltd.		469,394		6,646,000
# *	Bubs Australia Ltd.		968,640		231,335
*	Buru Energy Ltd.		713,223		40,132
#	BWX Ltd.		1,255,210		505,824
*	Byron Energy Ltd.		275,427		23,766
*	Calidus Resources Ltd.		1,265,624		278,061
	Calima Energy Ltd.		1,950,890		181,640
# *	Calix Ltd.		364,636		949,228
	Capitol Health Ltd.		5,725,035		1,206,924
	Capral Ltd.		57,850		282,534
*	Capricorn Metals Ltd.		2,026,381		4,394,902
# *	Carbon Revolution Ltd.		173,560		42,187
# *	Carnarvon Energy Ltd.		7,925,626		734,548
#	Cash Converters International Ltd.		2,819,818		427,806
# *	Catapult Group International Ltd.		510,098		271,632
* ††	CDS Technologies Ltd.		13,276		0
	Cedar Woods Properties Ltd.		454,649		1,148,673
*	Central Petroleum Ltd.		759,474		41,593
* ††	Centrebet International Ltd.		162,672		0
*	Chalice Mining Ltd.		1,281,375		3,498,836
*	Challenger Exploration Ltd.		103,805		9,598
	Challenger Ltd.		824,265		3,703,694
	Champion Iron Ltd.		1,940,027		5,835,444
# *	City Chic Collective Ltd.		1,254,668		1,043,684
*	Clean Seas Seafood Ltd.		247,494		90,257
	ClearView Wealth Ltd.		156,351		55,429
#	Clinuvel Pharmaceuticals Ltd.		254,660		3,179,606
#	Clover Corp. Ltd.		757,373		573,754
# *	Cobalt Blue Holdings Ltd.		650,479		266,109
#	Codan Ltd.		663,689		1,644,112
	COG Financial Services Ltd.		10,563		9,929
*	Cogstate Ltd.		261,421		317,715
* ††	Collection House Ltd.		428,104		0
	Collins Foods Ltd.		803,502		4,824,456
*	Comet Ridge Ltd.		1,055,453		114,978
*	Cooper Energy Ltd.		18,056,814		2,430,440
# *	Core Lithium Ltd.		798,506		705,991
#	Corporate Travel Management Ltd.		706,149		7,883,899

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
#	Costa Group Holdings Ltd.		2,781,429	$	4,526,008
#	Credit Corp. Group Ltd.		455,264		5,411,838
*	Creso Pharma Ltd.		39,292		779
	CSR Ltd.		3,109,441		9,211,011
*	Cynata Therapeutics Ltd.		111,132		22,243
*	Danakali Ltd.		765,567		187,217
	Data#3 Ltd.		1,162,707		5,122,114
# *	De Grey Mining Ltd.		7,339,733		4,965,237
# *	Deep Yellow Ltd.		2,018,775		1,016,583
	Deterra Royalties Ltd.		2,006,311		5,264,446
	Dicker Data Ltd.		427,631		2,947,224
	Domain Holdings Australia Ltd.		1,706,726		3,637,335
	Downer EDI Ltd.		3,274,403		9,410,422
# *	Dreadnought Resources Ltd.		7,262,887		532,505
	Eagers Automotive Ltd.		941,185		7,461,464
	Earlypay Ltd.		993,696		279,458
*	Eclipx Group Ltd.		2,460,384		2,942,692
# *	Ecograf Ltd.		1,581,731		348,395
	Elanor Investor Group		444,530		462,745
	Elders Ltd.		1,009,369		8,415,415
# *	Electro Optic Systems Holdings Ltd.		80,313		26,150
*	Elementos Ltd.		135,772		26,031
# *	Elevate Uranium Ltd.		172,343		55,235
# *	Elixir Energy Ltd.		2,250,692		209,218
# *	Elmo Software Ltd.		107,791		319,446
#	Emeco Holdings Ltd.		2,400,372		1,206,268
*	Emerald Resources NL		448,151		324,647
# *	EML Payments Ltd.		1,986,286		512,007
	Enero Group Ltd.		280,272		503,923
# *	EnviroSuite Ltd.		1,131,191		90,611
	EQT Holdings Ltd.		172,699		2,780,673
	Estia Health Ltd.		1,674,576		2,454,961
	Eureka Group Holdings Ltd.		28,507		8,520
	Eureka Group Holdings Ltd.		7,208		2,144
# *	European Lithium Ltd.		3,882,196		223,994
	Euroz Hartleys Group Ltd.		357,406		276,718
*	EVT Ltd.		632,219		6,035,937
*	Experience Co. Ltd.		102,579		15,068
	Fenix Resources Ltd.		735,489		98,820
	Finbar Group Ltd.		337,695		144,883
# * ††	Firefinch Ltd.		1,569,275		150,568
	Fleetwood Ltd.		654,067		719,354
# *	Flight Centre Travel Group Ltd.		718,191		7,643,947
*	Fluence Corp. Ltd.		116,395		14,558
# *	Frontier Digital Ventures Ltd.		1,022,562		458,076
# *	FYI Resources Ltd.		452,463		41,895
	G8 Education Ltd.		5,687,070		3,510,555
# *	Galan Lithium Ltd.		1,812,595		1,758,627
*	Gascoyne Resources Ltd.		160,800		23,568
	Genesis Minerals Ltd.		119,996		88,269
# *	Genetic Signatures Ltd.		171,373		76,232
# *	Genex Power Ltd.		1,098,842		144,082
	Genworth Mortgage Insurance Australia Ltd.		2,681,235		4,654,209
#	Gold Road Resources Ltd.		7,605,514		6,572,387
	GR Engineering Services Ltd.		281,577		401,515
	GrainCorp Ltd., Class A		1,517,016		8,155,207
#	Grange Resources Ltd.		3,909,204		1,551,024
# *	Greenland Minerals Ltd.		1,881,748		59,970
	GTN Ltd.		15,394		4,001

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
	GUD Holdings Ltd.		1,090,319	$	5,608,095
	GWA Group Ltd.		1,533,388		1,990,779
	Hansen Technologies Ltd.		1,246,947		3,926,800
# *	Hastings Technology Metals Ltd.		50,199		114,163
	Healius Ltd.		3,665,521		8,029,741
	Healthia Ltd.		131,677		116,760
*	Helios Energy Ltd.		817,342		46,002
#	Helloworld Travel Ltd.		51,370		67,047
*	Highfield Resources Ltd.		512,345		276,413
*	Hillgrove Resources Ltd.		391,399		9,266
*	Hipages Group Holdings Ltd.		10,335		7,142
	Horizon Oil Ltd.		1,935,787		161,409
*	Hot Chili Ltd.		169,686		106,021
#	HT&E Ltd.		1,709,119		1,306,706
	HUB24 Ltd.		461,678		7,485,853
#	Humm Group Ltd.		2,462,818		755,064
	Iluka Resources Ltd.		784,796		4,348,186
	Image Resources NL		946,902		90,569
	Imdex Ltd.		2,620,667		3,420,813
# *	Immutep Ltd.		1,570,398		290,939
*	Immutep Ltd., Sponsored ADR		4,516		8,084
# *	ImpediMed Ltd.		417,437		23,691
	Infomedia Ltd.		3,087,927		2,427,419
#	Inghams Group Ltd.		3,281,221		5,308,442
#	Insignia Financial Ltd.		4,120,661		8,306,842
	Integral Diagnostics Ltd.		1,567,781		2,636,496
# *	Integrated Research Ltd.		566,516		134,232
# *	Investigator Resources Ltd.		686,170		20,504
#	InvoCare Ltd.		921,115		6,023,702
*	ioneer Ltd.		10,310,733		3,654,124
	IPH Ltd.		1,331,405		8,467,477
	IRESS Ltd.		1,215,703		7,890,780
	IVE Group Ltd.		628,751		970,439
# *	Jervois Global Ltd.		291,514		91,417
#	Johns Lyng Group Ltd.		1,066,692		4,435,184
	Jumbo Interactive Ltd.		208,843		1,818,371
#	Jupiter Mines Ltd.		5,672,731		706,191
*	Karoon Energy Ltd.		4,257,466		5,789,332
	Kelly Partners Group Holdings Ltd.		3,572		11,062
	Kelsian Group Ltd.		598,234		1,790,342
*	KGL Resources Ltd.		310,205		64,718
# *	Kingsgate Consolidated Ltd.		355,002		382,875
*	Koba Resources Ltd.		34,188		3,725
# *	Kogan.com Ltd.		468,030		981,734
# *	Lake Resources NL		2,607,188		1,758,323
# *	Lark Distilling Co. Ltd.		65,368		87,143
* ††	Lednium Technology Pty Ltd.		195,019		0
# *	Legend Mining Ltd.		2,176,273		47,370
*	Leo Lithium Ltd.		1,120,910		441,981
# *	Lepidico Ltd.		2,895,993		35,113
	Lifestyle Communities Ltd.		578,173		6,490,474
	Link Administration Holdings Ltd.		2,294,865		5,018,649
	Li-S Energy Ltd.		3,944		1,059
*	Lithium Australia Ltd.		423,984		12,727
# *	Lithium Power International Ltd.		304,819		109,784
	Lithium Power International Ltd.		36,643		13,243
	Lovisa Holdings Ltd.		345,675		5,381,648
*	Lucapa Diamond Co. Ltd.		2,713,021		88,400
#	Lycopodium Ltd.		64,242		280,927

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
	MA Financial Group Ltd.		421,175	$	1,194,328
	Maas Group Holdings Ltd.		79,884		116,310
# *	Mach7 Technologies Ltd.		42,643		15,230
	Macmahon Holdings Ltd.		5,829,463		521,699
# *	Macquarie Telecom Group Ltd.		21,478		785,528
#	Mader Group Ltd.		59,629		135,049
#	Magellan Financial Group Ltd.		225,138		1,427,558
*	Maggie Beer Holdings Ltd.		243,446		41,821
# *	Magnetite Mines Ltd.		2,125,737		23,103
††	Mallee Resources Ltd.		49,486		13,295
	MaxiPARTS Ltd.		87,262		117,550
# *	Mayne Pharma Group Ltd.		9,810,900		1,694,817
	McMillan Shakespeare Ltd.		540,444		4,528,976
#	McPherson’s Ltd.		653,702		284,273
# *	Medical Developments International Ltd.		167,262		169,124
# *	Megaport Ltd.		219,532		851,558
# *	Mesoblast Ltd.		2,382,780		1,392,950
# *	Metals X Ltd.		4,545,392		740,736
	Metcash Ltd.		2,899,744		7,612,203
#	Michael Hill International Ltd.		1,522,713		1,170,778
*	Micro-X Ltd.		261,656		21,798
*	Mincor Resources NL		1,758,033		1,509,729
*	MMA Offshore Ltd.		1,671,171		733,068
	Monadelphous Group Ltd.		696,927		6,092,684
	Monash IVF Group Ltd.		2,169,736		1,309,092
	Money3 Corp. Ltd.		1,393,763		1,740,519
*	MoneyMe Ltd.		73,889		17,450
* ††	Morning Star Gold NL		332,749		0
	MotorCycle Holdings Ltd.		109,445		170,498
# *	Mount Gibson Iron Ltd.		4,569,374		1,097,210
	Myer Holdings Ltd.		5,293,540		2,148,012
	MyState Ltd.		744,487		1,942,688
# *	Nanosonics Ltd.		1,618,777		4,243,292
	National Tyre & Wheel Ltd.		97,940		39,185
# *	Navarre Minerals Ltd.		1,777,444		54,046
	Navigator Global Investments Ltd.		1,208,364		865,318
*	Nearmap Ltd.		3,659,647		4,811,378
# *	Neometals Ltd.		1,542,276		1,090,829
	Netwealth Group Ltd.		741,359		5,757,315
# *	Neurizer Ltd.		522,952		36,899
# *	New Century Resources Ltd.		163,453		107,022
#	New Hope Corp. Ltd.		2,341,365		8,505,399
# *	New World Resources Ltd.		3,157,128		64,687
	nib holdings Ltd.		2,992,914		12,806,819
#	Nick Scali Ltd.		443,203		2,854,327
#	Nickel Industries Ltd.		5,750,030		2,687,321
	Nine Entertainment Co. Holdings Ltd.		1,139,910		1,505,384
# *	Nitro Software Ltd.		166,147		220,106
# *	Norwest Energy NL		1,011,292		30,399
# *	Nova Minerals Ltd.		108,288		47,916
# *	Novonix Ltd.		505,440		863,028
*	Noxopharm Ltd.		100,077		10,193
	NRW Holdings Ltd.		3,407,843		5,561,148
	Nufarm Ltd.		2,098,872		7,480,120
	Objective Corp. Ltd.		89,428		848,797
*	OFX Group Ltd.		2,016,311		3,429,122
#	OM Holdings Ltd.		676,887		273,032
# *	Omni Bridgeway Ltd.		2,355,720		6,782,068
	oOh!media Ltd.		3,377,627		2,732,018

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
# *	Opthea Ltd.		1,338,240	$	831,657
*	Ora Banda Mining Ltd.		734,777		35,578
*	OreCorp Ltd.		192,088		41,082
	Orora Ltd.		5,992,474		11,628,555
	Pacific Current Group Ltd.		333,540		1,790,668
# *	Pacific Smiles Group Ltd.		272,678		251,148
#	Pact Group Holdings Ltd.		1,337,110		1,226,660
# *	Paladin Energy Ltd.		16,033,988		8,680,653
# *	Panoramic Resources Ltd.		10,364,998		964,694
# *	Pantoro Ltd.		4,862,382		433,192
# *	Paradigm Biopharmaceuticals Ltd.		47,760		43,904
	Paragon Care Ltd.		335,469		73,965
#	Peak Rare Earths Ltd.		22,422		6,188
	Peet Ltd.		1,364,417		959,674
#	Pendal Group Ltd.		2,058,779		6,466,738
# *	Peninsula Energy Ltd.		3,332,209		360,129
	PeopleIN Ltd.		472,602		992,419
#	Pepper Money Ltd.		217,431		198,311
# *	Perenti Global Ltd.		5,379,892		3,296,994
#	Perpetual Ltd.		376,124		5,993,607
#	Perseus Mining Ltd.		8,114,950		9,451,479
*	PEXA Group Ltd.		6,091		60,185
#	Pinnacle Investment Management Group Ltd.		729,200		3,789,811
	Platinum Asset Management Ltd.		2,494,709		2,856,048
# *	PointsBet Holdings Ltd.		340,283		442,902
# *	PolyNovo Ltd.		1,143,433		1,456,682
*	Poseidon Nickel Ltd.		12,683,800		357,240
*	PPK Group Ltd.		3,668		3,391
*	PPK Mining Equipment Group Pty Ltd.		22,761		0
#	Praemium Ltd.		2,977,411		1,586,577
# *	Predictive Discovery Ltd.		1,997,557		191,708
	Premier Investments Ltd.		410,666		6,576,580
# *	Prescient Therapeutics Ltd.		430,367		43,876
#	Probiotec Ltd.		78,596		109,415
	Propel Funeral Partners Ltd.		179,941		534,052
*	Prophecy International Holdings Ltd.		24,007		11,438
# *	Province Resources Ltd.		889,179		45,561
	PSC Insurance Group Ltd.		254,780		782,190
*	PTB Group Ltd.		96,597		98,790
	PWR Holdings Ltd.		592,023		3,803,073
# *	PYC Therapeutics Ltd.		389,981		18,487
	QANTM Intellectual Property Ltd.		112,211		69,294
#	Ramelius Resources Ltd.		7,074,261		3,320,224
*	ReadyTech Holdings Ltd.		260,516		539,248
	Reckon Ltd.		391,834		323,289
# *	Red 5 Ltd.		18,690,353		1,905,206
# *	Red Dirt Metals Ltd.		39,345		13,568
*	Red River Resources Ltd.		480,964		22,458
# *	Redbubble Ltd.		1,256,028		412,505
	Regal Partners Ltd.		9,488		16,088
#	Regis Healthcare Ltd.		1,048,714		1,368,670
#	Regis Resources Ltd.		4,694,041		4,576,765
# *	Reject Shop Ltd.		186,973		558,512
	Reliance Worldwide Corp. Ltd.		4,255,179		8,742,677
# *	Renascor Resources Ltd.		727,091		99,618
#	Resimac Group Ltd.		124,613		71,329
# *	Resolute Mining Ltd.		7,380,066		945,251
*	Retail Food Group Ltd.		12,168,489		419,885
*	Rex Minerals Ltd.		142,808		13,267

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
	Ridley Corp. Ltd.		1,958,399	$	2,617,666
*	RPMGlobal Holdings Ltd.		1,103,233		1,340,719
# *	Rumble Resources Ltd.		178,014		24,974
* ††	Salmat Ltd.		667,137		0
	Sandfire Resources Ltd.		2,800,720		6,237,432
*	SciDev Ltd.		144,186		29,420
#	Select Harvests Ltd.		865,608		2,936,890
#	Servcorp Ltd.		348,243		760,491
	Service Stream Ltd.		4,084,976		1,919,009
*	Seven West Media Ltd.		6,816,169		2,042,363
	SG Fleet Group Ltd.		639,084		821,356
	Shaver Shop Group Ltd.		677,094		472,191
*	Sheffield Resources Ltd.		249,376		80,945
	Shine Justice Ltd.		59,739		44,426
	Shriro Holdings Ltd.		24,206		11,232
*	Sierra Rutile Holdings Ltd.		1,588,118		210,189
	Sigma Healthcare Ltd.		6,618,255		2,681,918
# *	Silex Systems Ltd.		80,327		151,597
# *	Silver Lake Resources Ltd.		5,791,755		4,101,458
# *	Silver Mines Ltd.		3,864,903		430,828
	Sims Ltd.		1,106,977		8,654,727
	SmartGroup Corp. Ltd.		905,773		2,855,717
*	SomnoMed Ltd.		25,160		24,107
	Southern Cross Electrical Engineering Ltd.		831,537		350,744
	Southern Cross Media Group Ltd.		1,561,488		964,216
* ††	SpeedCast International Ltd.		1,497,915		0
	SRG Global Ltd.		796,277		355,560
# *	St Barbara Ltd.		5,695,784		1,854,335
*	Star Entertainment Group Ltd.		5,751,661		10,819,618
# *	Starpharma Holdings Ltd.		262,161		89,694
	Steadfast Group Ltd.		500,976		1,623,035
*	Strandline Resources Ltd.		27,563		6,879
# *	Strike Energy Ltd.		6,153,921		947,398
	Strike Energy Ltd.		373,188		57,290
	Sunland Group Ltd.		1,125,311		1,766,531
*	Sunrise Energy Metals Ltd.		8,693		11,210
# *	Sunstone Metals Ltd.		7,298,573		149,318
#	Super Retail Group Ltd.		1,057,351		6,952,302
# *	Superloop Ltd.		2,325,808		1,114,895
	Symbio Holdings Ltd.		318,710		652,193
# *	Syrah Resources Ltd.		4,792,786		7,321,076
	Tabcorp Holdings Ltd.		5,305,886		3,275,751
	Tassal Group Ltd.		1,531,815		5,086,484
	Technology One Ltd.		1,296,361		9,972,913
# *	Temple & Webster Group Ltd.		540,805		1,925,138
	Ten Sixty Four Ltd.		1,044,721		382,921
	Terracom Ltd.		2,067,614		1,162,858
# *	Tesserent Ltd.		322,736		23,792
*	Tietto Minerals Ltd.		498,494		222,607
	Tribune Resources Ltd.		14,725		28,286
# *	Tyro Payments Ltd.		2,067,445		2,018,312
	United Malt Grp Ltd.		1,827,063		3,635,200
#	Universal Store Holdings Ltd.		19,109		65,021
* ††	Virgin Australia Holdings Pty. Ltd.		7,648,897		0
	Vita Group Ltd.		374,239		26,394
# *	Vital Metals Ltd.		246,694		5,017
W	Viva Energy Group Ltd.		3,776,327		6,854,919
# *	Viva Leisure Ltd.		84,215		62,564
*	Vmoto Ltd.		267,457		71,008

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
AUSTRALIA — (Continued)
# *	Volpara Health Technologies Ltd.		225,102	$	96,949
# *	VRX Silica Ltd.		1,325,475		114,573
# *	Wagners Holding Co. Ltd.		137,096		68,622
* ††	Walkabout Resources Ltd.		1,129,282		116,478
# *	Warrego Energy Ltd.		86,865		7,762
# *	Webjet Ltd.		2,329,981		7,868,307
*	West African Resources Ltd.		6,322,943		4,186,654
*	Westgold Resources Ltd.		3,708,234		1,731,985
# *	Whispir Ltd.		121,430		34,066
	Whitehaven Coal Ltd.		3,623,702		21,049,343
*	Widgie Nickel Ltd.		265,653		48,451
*	Wiluna Mining Corp. Ltd.		248,265		32,555
# *	Zip Co. Ltd.		2,250,758		874,393
TOTAL AUSTRALIA					778,195,678
CHINA — (0.1%)
W	BOC Aviation Ltd.		43,800		293,106
	BOE Varitronix Ltd.		65,293		96,818
	Fountain SET Holdings Ltd.		4,142,000		395,666
	GDH Guangnan Holdings Ltd.		1,599,600		112,159
*	Goodbaby International Holdings Ltd.		340,000		21,684
*	Neo-Neon Holdings Ltd.		2,315,500		131,236
TOTAL CHINA					1,050,669
HONG KONG — (18.7%)
*	Aceso Life Science Group Ltd.		7,436,400		86,862
	Aeon Credit Service Asia Co. Ltd.		1,024,000		598,956
	Allied Group Ltd.		11,740,000		2,543,367
	Analogue Holdings Ltd.		842,000		119,146
	APAC Resources Ltd.		4,519,815		585,894
# *	Apollo Future Mobility Group Ltd.		8,436,000		225,640
*	Applied Development Holdings Ltd.		10,735,000		119,019
	Asia Financial Holdings Ltd.		2,030,908		778,956
*	Asia Standard Hotel Group Ltd.		2,371,654		20,264
*	Asia Standard International Group Ltd.		11,076,917		535,832
	Asiasec Properties Ltd.		1,371,000		35,725
	ASMPT Ltd.		1,590,200		8,746,899
	Associated International Hotels Ltd.		952,000		1,204,089
	Bank of East Asia Ltd.		2,661,377		2,550,626
* ††	Bel Global Resources Holdings Ltd.		2,576,000		0
	Best Mart 360 Holdings Ltd.		984,000		255,886
	BOCOM International Holdings Co. Ltd.		2,371,000		119,443
#	Bright Smart Securities & Commodities Group Ltd.		122,000		17,098
††	Brightoil Petroleum Holdings Ltd.		9,034,000		323,742
	Build King Holdings Ltd.		630,000		51,394
††	Burwill Holdings Ltd.		37,300,960		63,201
	Cafe de Coral Holdings Ltd.		2,966,000		3,461,436
*	Century City International Holdings Ltd.		7,111,460		249,548
	Chen Hsong Holdings		1,296,000		256,063
	Cheuk Nang Holdings Ltd.		771,714		209,715
	Chevalier International Holdings Ltd.		820,989		708,943
*	China Baoli Technologies Holdings Ltd.		114,750		1,067
*	China Best Group Holding Ltd.		1,124,998		81,694
*	China Energy Development Holdings Ltd.		49,560,000		808,565
	China Motor Bus Co. Ltd.		80,000		672,952
# *	China Star Entertainment Ltd.		11,170,000		1,053,035
# *	China Strategic Holdings Ltd.		83,051,250		244,107
*	China Tonghai International Financial Ltd.		1,300,000		29,786

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
*	Chinese Estates Holdings Ltd.		2,943,500	$	532,647
	Chinney Investments Ltd.		1,180,000		163,153
	Chow Sang Sang Holdings International Ltd.		2,353,000		2,170,061
	Chuang’s China Investments Ltd.		8,811,407		272,643
	Chuang’s Consortium International Ltd.		7,519,043		722,297
	CITIC Telecom International Holdings Ltd.		12,077,125		3,569,463
#	CK Life Sciences International Holdings, Inc.		17,214,000		1,292,991
#	CMBC Capital Holdings Ltd.		440,999		86,560
*	C-Mer Eye Care Holdings Ltd.		2,346,000		972,052
	CNT Group Ltd.		7,979,264		360,983
	Convenience Retail Asia Ltd.		1,026,000		98,023
#††	Convoy, Inc.		32,922,000		131,274
*	Cowell e Holdings, Inc.		540,000		660,717
W	Crystal International Group Ltd.		304,000		77,513
	CSI Properties Ltd.		47,866,383		714,637
* ††	CW Group Holdings Ltd.		1,361,500		0
#	Dah Sing Banking Group Ltd.		3,645,916		2,173,926
	Dah Sing Financial Holdings Ltd.		1,399,344		2,769,024
	Dickson Concepts International Ltd.		1,591,000		658,035
*	Digital Domain Holdings Ltd.		581,000		20,385
*	Dingyi Group Investment Ltd.		300,000		2,447
	Dynamic Holdings Ltd.		198,000		163,674
	Eagle Nice International Holdings Ltd.		2,022,000		1,148,672
#	EC Healthcare		1,648,097		850,145
††	EcoGreen International Group Ltd.		1,994,640		362,100
*	Elegance Optical International Holdings Ltd.		1,160,000		70,161
*	Emperor Capital Group Ltd.		2,979,000		15,954
	Emperor Entertainment Hotel Ltd.		3,445,000		192,904
	Emperor International Holdings Ltd.		10,584,753		674,953
	Emperor Watch & Jewellery Ltd.		25,160,000		365,618
*	Energy International Investments Holdings Ltd.		12,000		611
*	ENM Holdings Ltd.		13,248,000		599,014
*	Esprit Holdings Ltd.		10,440,325		810,457
#	ESR Group Ltd.		58,522		99,801
*	Eternity Investment Ltd.		820,000		16,637
	EuroEyes International Eye Clinic Ltd., Class C		331,000		184,295
#	Fairwood Holdings Ltd.		805,600		927,565
	Far East Consortium International Ltd.		13,169,612		2,967,702
	First Pacific Co. Ltd.		15,292,000		4,049,399
* W	FIT Hon Teng Ltd.		2,381,000		278,678
* W	Fosun Tourism Group		37,800		33,021
	Four Seas Mercantile Holdings Ltd.		610,000		200,074
* W	Frontage Holdings Corp.		2,962,000		667,543
#	FSE Lifestyle Services Ltd.		639,000		367,190
*	Fullwealth International Group Holdings Ltd.		448,000		105,516
* ††	Genting Hong Kong Ltd.		5,824,000		115,446
	Get Nice Financial Group Ltd.		2,438,600		214,592
	Giordano International Ltd.		8,456,000		1,401,129
	Glorious Sun Enterprises Ltd.		3,932,000		335,524
# *	Gold Fin Holdings		9,580,000		0
*	Gold Peak Technology Group Ltd., Class L		3,029,642		224,374
	Golden Resources Development International Ltd.		4,082,500		231,441
	Goodresources		6,860,000		13,895
*	GR Properties Ltd.		1,962,000		249,697
	Great Eagle Holdings Ltd.		1,180,472		2,164,855
*	Greentech Technology International Ltd.		2,594,000		155,435
	G-Resources Group Ltd.		2,817,810		712,659
	Guoco Group Ltd.		2,000		17,566
	Guotai Junan International Holdings Ltd.		27,391,797		1,952,023

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
# *	Haitong International Securities Group Ltd.		13,193,640	$	957,536
	Hang Lung Group Ltd.		2,959,000		3,838,084
	Hanison Construction Holdings Ltd.		2,713,649		338,967
*	Hans Energy Co. Ltd.		84,000		1,164
*	Harbour Centre Development Ltd.		935,500		757,119
	HKBN Ltd.		4,235,500		2,860,634
	HKR International Ltd.		7,078,969		1,776,554
	HKT Trust & HKT Ltd.		8,950		10,122
	Hon Kwok Land Investment Co. Ltd.		388,800		93,414
# *	Hong Kong ChaoShang Group Ltd.		1,320,000		134,924
	Hong Kong Ferry Holdings Co. Ltd.		1,007,300		771,251
	Hong Kong Technology Venture Co. Ltd.		2,235,000		1,168,053
# *	Hongkong & Shanghai Hotels Ltd.		3,625,989		2,844,521
	Hongkong Chinese Ltd.		5,038,000		307,770
W	Honma Golf Ltd.		1,097,500		461,345
# *††	Hsin Chong Group Holdings Ltd.		10,243,403		0
	Hung Hing Printing Group Ltd.		2,940,000		365,300
# *	Huobi Technology Holdings Ltd.		340,000		152,783
	Hutchison Telecommunications Hong Kong Holdings Ltd.		11,450,000		1,516,818
*	Hypebeast Ltd.		2,772,500		171,459
	Hysan Development Co. Ltd.		2,634,000		5,741,054
*	IGG, Inc.		6,455,000		1,678,166
*	Imagi International Holdings Ltd.		2,516,984		101,749
W	Impro Precision Industries Ltd.		386,000		100,288
#	International Housewares Retail Co. Ltd.		1,999,000		662,559
*	IPE Group Ltd.		3,345,000		276,905
# *	IRC Ltd.		35,846,266		529,562
	ITC Properties Group Ltd.		5,543,292		664,968
	Jacobson Pharma Corp. Ltd.		3,580,000		342,394
	Johnson Electric Holdings Ltd.		2,307,554		2,377,318
	K Wah International Holdings Ltd.		1,670,000		467,678
*	Kader Holdings Co. Ltd.		112,000		5,546
	Karrie International Holdings Ltd.		2,932,000		444,591
	Keck Seng Investments Hong Kong Ltd.		912,600		224,687
	Kerry Logistics Network Ltd.		4,063,500		6,450,213
	Kerry Properties Ltd.		2,556,500		4,044,088
	Kingmaker Footwear Holdings Ltd.		1,878,955		203,306
#	Kowloon Development Co. Ltd.		3,067,000		2,721,630
# *	KuangChi Science Ltd.		3,714,000		44,922
*	Kwoon Chung Bus Holdings Ltd.		44,000		9,030
*	Lai Sun Development Co. Ltd.		2,556,894		1,010,955
*	Lai Sun Garment International Ltd.		998,295		420,996
	Lam Soon Hong Kong Ltd.		326,310		423,788
*	Landing International Development Ltd.		6,932,800		122,614
*	Landsea Green Management Ltd.		1,508,000		30,258
	Langham Hospitality Investments & Langham Hospitality Investments Ltd.		4,040,750		386,557
*	Lifestyle International Holdings Ltd.		2,792,000		1,655,435
	Lippo China Resources Ltd.		17,982,000		263,392
	Lippo Ltd.		1,161,700		390,100
	Liu Chong Hing Investment Ltd.		1,531,200		1,317,785
	L’Occitane International SA		1,845,750		4,531,721
	Luk Fook Holdings International Ltd.		3,509,000		7,622,920
	Lung Kee Bermuda Holdings		1,491,875		455,391
*	Magnificent Hotel Investment Ltd.		13,170,000		171,875
#	Man Wah Holdings Ltd.		2,474,000		1,380,446
*	Mason Group Holdings Ltd.		111,713,399		384,297
	Master Glory GP		972,981		6,049
	Matrix Holdings Ltd.		1,067,414		381,047
#	MECOM Power & Construction Ltd.		7,876,000		1,606,771

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
	Melbourne Enterprises Ltd.		39,500	$	526,332
*	Melco International Development Ltd.		3,354,000		1,753,698
# * ††	MH Development NPV		3,238,000		0
*	Midland Holdings Ltd.		2,901,987		196,057
#	Miramar Hotel & Investment		1,152,000		1,588,752
#	Modern Dental Group Ltd.		2,190,000		455,038
# *	Mongolian Mining Corp.		975,000		243,432
*	NagaCorp Ltd.		4,832,946		2,203,989
	Nameson Holdings Ltd.		7,692,000		377,287
	Nanyang Holdings Ltd.		133,500		461,221
	National Electronics Holdings		2,668,600		326,377
* ††	National United Resources Holdings Ltd.		1,828,000		24,491
*	New Times Energy Corp. Ltd.		994,000		10,639
* ††	NewOcean Energy Holdings Ltd.		7,246,000		27,047
	Nissin Foods Co. Ltd.		1,438,000		1,153,640
	NWS Holdings Ltd.		6,789,000		4,814,429
	Oriental Watch Holdings		2,877,611		1,232,113
# *	Oshidori International Holdings Ltd.		20,024,400		637,735
††	Pacific Andes International Holdings Ltd.		19,435,067		67,840
	Pacific Basin Shipping Ltd.		26,113,000		6,322,033
*	Pacific Century Premium Developments Ltd.		457,240		17,214
	Pacific Textiles Holdings Ltd.		5,849,000		1,744,051
*	Paliburg Holdings Ltd.		3,180,830		616,057
*	Paradise Entertainment Ltd.		3,672,000		290,107
#	PC Partner Group Ltd.		1,524,000		728,367
	PCCW Ltd.		13,651,545		5,215,594
# *††	Peace Mark Holdings Ltd.		2,479,870		0
	Pegasus International Holdings Ltd.		36,000		3,257
	Pentamaster International Ltd.		1,550,000		142,205
#	Perfect Medical Health Management Ltd.		3,087,000		1,093,842
	Pico Far East Holdings Ltd.		5,142,000		700,576
	Playmates Holdings Ltd.		7,082,000		505,336
	Plover Bay Technologies Ltd.		2,224,000		518,988
	Pokfulam Development Co. Ltd.		62,000		71,888
*	PT International Development Co. Ltd.		8,347,150		189,655
	Public Financial Holdings Ltd.		2,848,000		765,874
* ††	Pyxis Group Ltd.		1,936,000		0
*	Regal Hotels International Holdings Ltd.		2,897,800		942,113
# W	Regina Miracle International Holdings Ltd.		1,983,000		772,553
# *	Sa Sa International Holdings Ltd.		4,010,960		424,235
	Safety Godown Co. Ltd.		1,200,000		366,361
* W	Samsonite International SA		603,900		1,297,447
	SAS Dragon Holdings Ltd.		2,178,000		905,404
	SEA Holdings Ltd.		1,657,523		710,432
*	Shangri-La Asia Ltd.		3,754,000		2,077,153
*	Shenwan Hongyuan HK Ltd.		3,286,250		169,169
*	Shun Ho Property Investments Ltd.		1,254,757		145,219
*	Shun Tak Holdings Ltd.		10,715,419		1,391,445
	Singamas Container Holdings Ltd.		8,800,000		672,440
*	SJM Holdings Ltd.		12,588,750		3,928,319
	SmarTone Telecommunications Holdings Ltd.		1,939,981		958,936
#	Solomon Systech International Ltd.		10,238,000		469,570
	Soundwill Holdings Ltd.		600,500		478,488
*	South China Holdings Co. Ltd.		17,774,503		105,311
*	Space Group Holdings Ltd.		190,000		83,516
	Stella International Holdings Ltd.		2,678,500		2,594,078
#	Sun Hung Kai & Co. Ltd.		4,852,429		1,694,455
*	Suncorp Technologies Ltd.		210,000		8,806
	SUNeVision Holdings Ltd.		2,729,000		1,445,724

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HONG KONG — (Continued)
	TAI Cheung Holdings Ltd.		2,329,000	$	1,172,888
#	Tai Hing Group Holdings Ltd.		221,000		21,676
	Tai Sang Land Development Ltd.		798,910		381,797
#	Tan Chong International Ltd.		1,176,000		247,206
	Tao Heung Holdings Ltd.		1,396,000		131,668
*	Television Broadcasts Ltd.		1,992,500		686,236
*	Termbray Industries International Holdings Ltd.		94,900		4,891
	Texhong Textile Group Ltd.		293,500		189,031
	Texwinca Holdings Ltd.		4,008,000		525,886
	Tian Teck Land Ltd.		1,024,000		476,664
*	TOM Group Ltd.		416,000		34,185
	Town Health International Medical Group Ltd.		4,442,115		201,751
	Tradelink Electronic Commerce Ltd.		6,126,000		576,883
	Transport International Holdings Ltd.		1,584,202		1,673,347
	United Laboratories International Holdings Ltd.		5,916,000		2,479,542
*	Universal Technologies Holdings Ltd.		1,730,000		26,051
	Untrade.China Solar		1,669,500		7,178
* ††	Up Energy Development Group Ltd.		3,929,000		0
*	Value Convergence Holdings Ltd.		2,448,000		50,976
#	Value Partners Group Ltd.		5,213,000		1,241,651
	Vanke Overseas Investment Holding Co. Ltd.		16,000		3,812
	Vedan International Holdings Ltd.		3,576,000		307,786
*	Vitasoy International Holdings Ltd.		3,373,000		5,759,826
#* W	VPower Group International Holdings Ltd., Class H		2,997,397		206,686
	VSTECS Holdings Ltd.		5,839,600		2,807,820
	VTech Holdings Ltd.		1,292,000		6,877,585
	Wai Kee Holdings Ltd.		5,620,738		1,123,489
	Wang On Group Ltd.		41,740,000		228,873
# *	Wealthking Investments Ltd.		7,296,000		380,873
	Wing On Co. International Ltd.		759,000		1,234,055
#	Wing Tai Properties Ltd.		2,187,331		955,634
*	YT Realty Group Ltd.		1,968,124		173,519
	YTO Express Holdings Ltd.		776,000		174,290
	Yue Yuen Industrial Holdings Ltd.		2,712,500		2,757,654
# *	Yunfeng Financial Group Ltd.		612,000		68,706
# *	Zensun Enterprises Ltd.		1,154,000		170,410
*	Zhaobangji Properties Holdings Ltd.		1,688,000		80,572
TOTAL HONG KONG					225,436,402
NEW ZEALAND — (4.6%)
*	AFT Pharmaceuticals Ltd.		34,226		73,851
*	Air New Zealand Ltd.		2,841,438		1,288,837
	Arvida Group Ltd.		1,179,235		863,217
#	Briscoe Group Ltd.		34,115		99,087
*	Channel Infrastructure NZ Ltd.		895,413		754,976
	Chorus Ltd.		2,451,723		11,836,205
	Colonial Motor Co. Ltd.		144,588		819,592
	Comvita Ltd.		50,282		93,583
	Delegat Group Ltd.		6,400		37,332
# *	Eroad Ltd.		24,092		17,941
#	Freightways Ltd.		900,023		5,407,973
	Genesis Energy Ltd.		161,189		265,066
*	Gentrack Group Ltd.		71,302		63,502
#	Hallenstein Glasson Holdings Ltd.		307,057		952,328
	Heartland Group Holdings Ltd.		2,385,492		2,369,642
#	Investore Property Ltd.		634,503		568,542
	KMD Brands Ltd.		2,468,331		1,549,615
#	Manawa Energy Ltd.		237,979		728,556
#	Millennium & Copthorne Hotels New Zealand Ltd.		354,679		391,870

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
NEW ZEALAND — (Continued)
#	Napier Port Holdings Ltd.		46,155	$	76,208
#	NZME Ltd.		945,851		613,651
#	NZX Ltd.		1,535,149		1,070,639
	Oceania Healthcare Ltd.		1,384,448		691,359
# *	Pacific Edge Ltd.		1,212,223		302,854
	PGG Wrightson Ltd.		120,785		288,016
*	Pushpay Holdings Ltd.		2,847,906		2,065,797
*	Rakon Ltd.		182,922		128,422
	Restaurant Brands New Zealand Ltd.		145,379		604,216
* ††	RPNZ Ltd.		274,180		0
*	Sanford Ltd.		362,156		856,879
#	Scales Corp. Ltd.		436,710		1,202,276
#	Scott Technology Ltd.		52,367		85,572
*	Serko Ltd.		125,518		216,920
	Skellerup Holdings Ltd.		846,136		2,604,339
	SKY Network Television Ltd.		386,493		487,265
*	SKYCITY Entertainment Group Ltd.		4,246,632		7,159,611
	Steel & Tube Holdings Ltd.		575,667		434,849
	Summerset Group Holdings Ltd.		626,265		3,523,582
*	Synlait Milk Ltd.		447,922		811,693
# *	Tourism Holdings Ltd.		683,001		1,464,474
	TOWER Ltd.		1,895,126		721,610
#	Turners Automotive Group Ltd.		109,772		226,600
# *	Vista Group International Ltd.		516,999		463,137
	Warehouse Group Ltd.		387,506		698,312
TOTAL NEW ZEALAND					54,979,996
SINGAPORE — (10.8%)
* ††	Abterra Ltd.		230,320		0
#	AEM Holdings Ltd.		940,200		2,132,166
	Amara Holdings Ltd.		974,800		227,882
# *	Avarga Ltd.		2,626,500		454,880
	Aztech Global Ltd.		202,500		112,355
# *	Banyan Tree Holdings Ltd.		887,700		172,425
# *††	Best World International Ltd.		514,383		370,635
#	Bonvests Holdings Ltd.		950,000		637,539
	Boustead Singapore Ltd.		2,084,782		1,156,536
	BRC Asia Ltd.		26,900		30,780
#	Bukit Sembawang Estates Ltd.		1,176,003		3,373,547
	Bund Center Investment Ltd.		659,825		205,257
	Capitaland India Trust		4,303,400		3,405,672
#	Centurion Corp. Ltd.		1,405,100		326,932
#	China Aviation Oil Singapore Corp. Ltd.		2,355,399		1,106,497
	China Sunsine Chemical Holdings Ltd.		3,341,800		993,553
	Chip Eng Seng Corp. Ltd.		2,669,600		1,358,032
	Chuan Hup Holdings Ltd.		3,341,700		533,437
	Civmec Ltd.		162,700		69,493
	ComfortDelGro Corp. Ltd.		9,120,200		8,187,132
*	COSCO Shipping International Singapore Co. Ltd.		6,429,100		736,245
# *	Creative Technology Ltd.		285,050		259,224
#	CSE Global Ltd.		2,232,300		552,553
	Dasin Retail Trust		296,700		58,677
#	Del Monte Pacific Ltd.		2,302,364		479,655
#	Delfi Ltd.		1,075,400		535,473
* ††	DMX Technologies Group Ltd.		2,096,000		0
*	Dyna-Mac Holdings Ltd.		1,390,900		175,547
# *††	Ezion Holdings Ltd.		9,845,878		0
# *††	Ezra Holdings Ltd.		6,762,986		9,842
	Far East Orchard Ltd.		1,191,395		876,638

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SINGAPORE — (Continued)
	First Resources Ltd.		3,080,000	$	3,235,952
#	First Sponsor Group Ltd.		484,728		422,109
	Food Empire Holdings Ltd.		1,334,200		471,787
	Fraser & Neave Ltd.		314,800		268,908
	Frasers Property Ltd.		13,400		8,474
#	Frencken Group Ltd.		1,328,900		788,686
	Fu Yu Corp. Ltd.		3,671,500		518,697
# *	Gallant Venture Ltd.		5,386,600		490,799
	Geo Energy Resources Ltd.		2,078,300		571,916
	GK Goh Holdings Ltd.		1,315,065		835,890
	Golden Agri-Resources Ltd.		31,541,800		6,467,918
# *	Golden Energy & Resources Ltd.		2,543,400		1,560,517
	GP Industries Ltd.		181,509		76,477
	Grand Venture Technology Ltd.		34,200		11,857
#	GuocoLand Ltd.		1,697,314		1,860,364
# *	Halcyon Agri Corp. Ltd.		1,635,533		283,108
#	Haw Par Corp. Ltd.		405,500		2,707,119
	Hiap Hoe Ltd.		498,000		259,111
#	Ho Bee Land Ltd.		1,505,100		2,457,285
#	Hong Fok Corp. Ltd.		2,553,594		1,678,609
#	Hong Leong Asia Ltd.		1,675,100		746,295
#	Hong Leong Finance Ltd.		1,014,200		1,690,724
#	Hotel Grand Central Ltd.		1,611,854		1,110,757
#	Hour Glass Ltd.		1,390,232		1,916,626
	HRnetgroup Ltd.		260,800		134,550
	Hutchison Port Holdings Trust		24,607,400		4,018,979
# *††	Hyflux Ltd.		3,238,900		0
#	iFAST Corp. Ltd.		757,600		2,170,587
#	Indofood Agri Resources Ltd.		2,701,700		562,267
#	InnoTek Ltd.		336,600		102,236
#	ISDN Holdings Ltd.		412,544		106,474
#	Japfa Ltd.		2,345,710		844,913
# *††	Jurong Technologies Industrial Corp. Ltd.		2,227,680		0
	Keppel Infrastructure Trust		18,468,846		6,911,022
#	KSH Holdings Ltd.		1,278,300		306,159
#	Low Keng Huat Singapore Ltd.		949,800		275,282
*	Mandarin Oriental International Ltd.		1,452,700		2,393,091
# *	Marco Polo Marine Ltd.		4,046,400		105,208
#	Metro Holdings Ltd.		2,946,592		1,300,210
	Mewah International, Inc.		89,000		19,691
	Micro-Mechanics Holdings Ltd.		115,800		225,080
# *††	Midas Holdings Ltd.		8,576,553		0
# *	mm2 Asia Ltd.		5,969,400		181,701
	Nanofilm Technologies International Ltd.		451,500		555,509
	Netlink NBN Trust		797,000		481,425
#	NSL Ltd.		409,900		234,832
# *	Oceanus Group Ltd.		6,540,800		50,863
	OUE Ltd.		2,004,600		1,784,873
#	Oxley Holdings Ltd.		7,186,441		752,104
	Pacific Century Regional Developments Ltd.		179,000		48,051
#	Pan-United Corp. Ltd.		1,866,350		534,434
#	Propnex Ltd.		386,300		354,822
#	PSC Corp. Ltd.		1,339,819		322,649
#	Q&M Dental Group Singapore Ltd.		1,136,160		268,629
	QAF Ltd.		1,484,380		839,002
# *	Raffles Education Ltd.		2,803,923		100,851
	Raffles Medical Group Ltd.		6,097,932		5,729,364
#	Riverstone Holdings Ltd.		341,500		130,129
	Samudera Shipping Line Ltd.		213,100		130,178

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SINGAPORE — (Continued)
*	SATS Ltd.		416,700	$	804,343
#	SBS Transit Ltd.		796,600		1,457,087
*	Sembcorp Marine Ltd.		37,571,400		3,366,908
	Sheng Siong Group Ltd.		3,904,500		4,306,374
*	SHS Holdings Ltd.		2,175,300		221,561
*	SIA Engineering Co. Ltd.		1,657,700		2,530,694
#	SIIC Environment Holdings Ltd.		5,686,720		591,935
	Silverlake Axis Ltd.		794,700		182,280
	Sinarmas Land Ltd.		7,118,700		954,899
#	Sing Holdings Ltd.		1,470,400		369,921
	Sing Investments & Finance Ltd.		350,675		363,886
	Singapore Land Group Ltd.		111,369		171,001
	Singapore Post Ltd.		9,550,100		3,646,761
	Singapore Shipping Corp. Ltd.		1,573,200		282,969
#	Stamford Land Corp. Ltd.		5,782,218		1,530,327
	StarHub Ltd.		4,724,700		3,571,851
	Straco Corp. Ltd.		130,000		35,743
#	Straits Trading Co. Ltd.		476,248		693,264
# * ††	Swiber Holdings Ltd.		2,895,250		0
	Thomson Medical Group Ltd.		1,408,700		76,614
	Tiong Woon Corp. Holding Ltd.		26,600		8,496
#	Tuan Sing Holdings Ltd.		4,214,136		909,850
#	UMS Holdings Ltd.		2,312,968		1,462,921
	United Overseas Insurance Ltd.		168,150		751,660
	UOB-Kay Hian Holdings Ltd.		2,574,498		2,420,203
#	Valuetronics Holdings Ltd.		2,647,550		832,465
#	Vicom Ltd.		557,500		740,815
#	Wee Hur Holdings Ltd.		2,614,200		362,690
#	Wing Tai Holdings Ltd.		3,717,167		3,996,514
	Yangzijiang Shipbuilding Holdings Ltd.		3,719,600		3,153,199
	Yeo Hiap Seng Ltd.		228,759		108,258
TOTAL SINGAPORE					130,859,243
TOTAL COMMON STOCKS					1,190,521,988
RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
*	Arafura Resources Ltd. Warrants 2/25/24		472,767		16,028
*	Australian Mines Ltd. Warrants 05/30/24		120,864		889
*	Decmil Group Ltd. Warrants 09/06/23		5,306		0
*	Eureka Group Holdings Ltd. Rights 11/18/22		7,127		0
*	European Lithium Ltd. Warrants 3/31/25		323,975		3,937
# *	Medical Developments International Ltd. Warrants 9/30/24		5,820		465
# *	PointsBet Holdings Ltd. Warrants 07/08/24		6,189		0
TOTAL AUSTRALIA					21,319
HONG KONG — (0.0%)
# *	MECOM Power & Construction Ltd. Warrants 05/16/23		528,800		5,255
SINGAPORE — (0.0%)
# *	Ezion Holdings Ltd. Warrants 04/16/23		5,659,201		0
TOTAL RIGHTS/WARRANTS					26,574
TOTAL INVESTMENT SECURITIES (Cost $1,539,796,503)					1,190,548,562

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

		Shares		Value†
SECURITIES LENDING COLLATERAL — (1.4%)
@ §	The DFA Short Term Investment Fund		1,496,806	$	17,304,573
TOTAL INVESTMENTS — (100.0%) (Cost $1,557,108,416)				$	1,207,853,135

ADR American Depositary Receipt

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

†† Security valued using significant unobservable inputs (Level 3).

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of October 31, 2022, 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	$	8,084	$	777,796,648	$	390,946		$	778,195,678
China		—		1,050,669		—			1,050,669
Hong Kong		—		224,321,261		1,115,141			225,436,402
New Zealand		—		54,979,996		—			54,979,996
Singapore		637,539		129,841,227		380,477			130,859,243
Rights/Warrants
Australia		—		21,319		—			21,319
Hong Kong		—		5,255		—			5,255
Securities Lending Collateral		—		17,304,573		—			17,304,573
TOTAL	$	645,623	$	1,205,320,948	$	1,886,564	^	$	1,207,853,135

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

THE UNITED KINGDOM SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (97.5%)
COMMUNICATION SERVICES — (3.6%)
	4imprint Group PLC		163,055	$	6,501,702
*	Ascential PLC		1,604,885		3,534,828
	Bloomsbury Publishing PLC		316,806		1,678,089
	Centaur Media PLC		254,249		116,638
	Euromoney Institutional Investor PLC		592,842		9,845,186
# *	Frontier Developments PLC		55,575		844,491
	Future PLC		70,814		992,430
	Gamma Communications PLC		184,405		2,257,681
*	Helios Towers PLC		1,927,385		2,769,253
# *	Hyve Group PLC		1,575,593		966,924
	ITV PLC		3,365,215		2,591,070
	Moneysupermarket.com Group PLC		3,160,889		6,648,926
	Next Fifteen Communications Group PLC		128,193		1,289,413
	Reach PLC		2,094,224		2,214,936
*	S4 Capital PLC		109,011		219,596
	STV Group PLC		4,918		14,885
*	Tremor International Ltd.		176,315		690,886
# *	Tremor International Ltd., ADR		2,906		23,016
TOTAL COMMUNICATION SERVICES					43,199,950
CONSUMER DISCRETIONARY — (16.3%)
	888 Holdings PLC		2,213,314		2,355,813
*	AO World PLC		11,902		6,110
# *	ASOS PLC		70,017		450,854
* W	Aston Martin Lagonda Global Holdings PLC		676,550		817,588
	Bellway PLC		429,828		9,141,218
# *	boohoo Group PLC		980,423		455,638
*	Card Factory PLC		1,169,822		637,960
*	Cazoo Group Ltd.		576,666		184,533
	Coats Group PLC		4,921,327		3,414,230
#* W	Countryside Partnerships PLC		2,712,258		6,607,743
	Crest Nicholson Holdings PLC		1,872,966		4,341,472
	Currys PLC		5,993,730		4,476,581
* W	Deliveroo PLC		332,794		333,286
#	DFS Furniture PLC		1,258,487		1,768,140
# *	Dignity PLC		219,230		1,167,045
	Domino’s Pizza Group PLC		3,131,085		8,097,879
	Dr Martens PLC		207,083		588,922
	Dunelm Group PLC		693,916		6,888,146
*	Frasers Group PLC		1,220,486		9,056,198
	Fuller Smith & Turner PLC, Class A		151,287		775,859
	Games Workshop Group PLC		176,198		12,933,595
	Greggs PLC		604,556		14,014,474
* W	Gym Group PLC		975,013		1,292,302
	Halfords Group PLC		1,428,759		2,884,630
	Headlam Group PLC		502,271		1,386,892
	Henry Boot PLC		541,758		1,484,117
	Hollywood Bowl Group PLC		311,048		712,672
* W	Hostelworld Group PLC		206,214		212,552
	Inchcape PLC		2,415,336		20,604,988
*	J D Wetherspoon PLC		456,701		2,370,562
* W	Just Eat Takeaway.com NV		3,190		54,717
	Lookers PLC		1,488,558		1,361,541
*	Marston’s PLC		4,029,229		1,614,354
	Me Group International PLC		1,529,544		1,626,243

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
*	Mitchells & Butlers PLC		2,002,591	$	2,669,646
	MJ Gleeson PLC		240,572		1,028,076
*	Moonpig Group PLC		113,485		178,397
*	Motorpoint group PLC		51,520		85,491
# *	N Brown Group PLC		949,432		222,324
* W	On the Beach Group PLC		86,559		102,551
*	Pendragon PLC		5,100,308		1,594,317
	Pets at Home Group PLC		3,042,980		10,061,388
*	Playtech PLC		1,947,421		11,571,872
	PPHE Hotel Group Ltd.		15,424		223,270
*	Rank Group PLC		1,027,396		618,034
	Redrow PLC		1,679,801		8,083,236
*	Restaurant Group PLC		1,278,080		465,977
	Smiths News PLC		23,379		9,717
	Sportech PLC		119,311		23,632
*	SSP Group PLC		3,079,441		7,160,450
# ††	Studio Retail Group PLC		220,669		109,146
*	Superdry PLC		337,189		425,429
# *	THG PLC		272,308		166,021
W	TI Fluid Systems PLC		342,278		543,489
	Topps Tiles PLC		786,772		345,971
	Vertu Motors PLC		1,326,258		696,657
	VIDENDUM PLC		217,201		3,199,226
#	Vistry Group PLC		1,228,992		8,503,987
* W	Watches of Switzerland Group PLC		396,502		3,535,464
*	WH Smith PLC		401,628		5,429,758
	Wickes Group PLC		2,176,225		3,168,675
	Young & Co’s Brewery PLC, Class A		14,543		157,049
TOTAL CONSUMER DISCRETIONARY					194,498,104
CONSUMER STAPLES — (7.0%)
	AG Barr PLC		726,615		3,744,390
	Anglo-Eastern Plantations PLC		124,523		1,142,311
W	Bakkavor Group PLC		121,093		126,403
	Britvic PLC		1,626,728		13,586,475
*	C&C Group PLC		1,925,624		3,613,001
	Carr’s Group PLC		349,511		419,685
	Cranswick PLC		365,093		12,464,969
	Devro PLC		1,358,722		2,788,550
#	Fevertree Drinks PLC		421,689		4,609,763
*	Greencore Group PLC		3,651,826		2,811,597
	Hilton Food Group PLC		350,941		2,459,522
*	Marks & Spencer Group PLC		7,566,588		9,163,708
*	McBride PLC		895,746		246,051
	MP Evans Group PLC		7,544		70,063
# *	Naked Wines PLC		32,906		41,129
#	Nichols PLC		2,884		36,277
	Premier Foods PLC		4,727,225		5,619,404
	PZ Cussons PLC		1,717,225		3,937,452
	Tate & Lyle PLC		2,060,165		16,553,803
TOTAL CONSUMER STAPLES					83,434,553
ENERGY — (4.2%)
*	Capricorn Energy PLC		4,040,365		11,477,115
	Diversified Energy Co. PLC		3,440,766		4,967,328
	Energean PLC		308,711		5,074,229
*	EnQuest PLC		12,456,788		3,863,068
	Genel Energy PLC		934,783		1,361,171

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (Continued)
	Gulf Keystone Petroleum Ltd.		1,529,511	$	3,666,757
	Hunting PLC		841,827		2,577,990
*	IGas Energy PLC		61,631		17,957
*	John Wood Group PLC		3,814,872		6,133,815
# *	Petrofac Ltd.		2,580,763		3,187,606
*	Pharos Energy PLC		1,842,454		559,758
*	Savannah Energy PLC		388,799		122,184
	Serica Energy PLC		1,069,552		3,694,684
# *	Tullow Oil PLC		7,204,010		3,348,061
TOTAL ENERGY					50,051,723
FINANCIALS — (18.4%)
	AJ Bell PLC		884,994		3,291,663
	Ashmore Group PLC		2,540,311		6,015,733
	Bank of Georgia Group PLC		283,322		6,912,953
	Beazley PLC		3,081,626		22,100,836
	Brooks Macdonald Group PLC		628		13,697
	Burford Capital Ltd.		958,135		7,745,879
	Chesnara PLC		863,650		2,635,353
	Close Brothers Group PLC		898,617		10,123,897
W	CMC Markets PLC		1,052,192		2,961,640
	Direct Line Insurance Group PLC		3,377,275		7,802,979
* W	Funding Circle Holdings PLC		104,248		58,460
*	Georgia Capital PLC		29,520		211,438
	Hiscox Ltd.		1,420,362		14,632,152
	IG Group Holdings PLC		568,289		5,183,510
	Impax Asset Management Group PLC		191,845		1,471,636
	IntegraFin Holdings PLC		536,992		1,549,184
	International Personal Finance PLC		1,421,817		1,269,000
	Investec PLC		959,278		4,807,607
	IP Group PLC		6,416,521		4,324,230
	Jupiter Fund Management PLC		2,622,791		3,120,482
	Just Group PLC		7,078,503		4,701,777
	Lancashire Holdings Ltd.		1,670,143		9,478,286
	Liontrust Asset Management PLC		113,589		1,112,511
	Man Group PLC		7,662,342		19,060,892
*	Metro Bank PLC		198,857		161,490
	Mortgage Advice Bureau Holdings Ltd.		3,857		28,532
	Ninety One PLC		1,874,430		4,359,726
	Numis Corp. PLC		311,926		647,162
	OSB Group PLC		2,135,454		10,176,648
	Paragon Banking Group PLC		1,934,045		9,462,355
	Plus500 Ltd.		525,338		10,868,092
	Polar Capital Holdings PLC		248,040		1,197,996
	Provident Financial PLC		1,503,647		2,818,550
W	Quilter PLC		8,070,566		8,945,685
	Rathbones Group PLC		357,843		7,691,235
	Record PLC		18,948		16,311
	S&U PLC		29,239		726,003
W	Sabre Insurance Group PLC		417,265		430,029
*	Saga PLC		781,370		774,231
	TBC Bank Group PLC		91,121		1,967,522
	TP ICAP Group PLC		4,137,686		8,726,393
	Virgin Money UK PLC		6,368,888		9,926,426
††	Waterloo Investment Holdings Ltd.		4,000		520
	XPS Pensions Group PLC		6,312		8,600
TOTAL FINANCIALS					219,519,301

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
HEALTH CARE — (4.9%)
* ††	4d pharma PLC		42,478	$	6,089
	Advanced Medical Solutions Group PLC		401,543		1,257,132
	Alliance Pharma PLC		2,372,960		1,687,748
	CVS Group PLC		413,530		8,938,783
	EKF Diagnostics Holdings PLC		79,384		39,934
	EMIS Group PLC		328,823		7,003,787
*	Ergomed PLC		47,132		662,321
	Hikma Pharmaceuticals PLC		264,710		3,799,971
	Indivior PLC		771,895		14,621,023
W	Integrated Diagnostics Holdings PLC		1,249,693		961,470
#	Mediclinic International PLC		2,400,508		13,655,822
*	NIOX GROUP PLC		202,629		88,790
*	Oxford Biomedica PLC		2,667		9,866
*	PureTech Health PLC		342,938		910,495
* W	Spire Healthcare Group PLC		1,823,481		4,529,794
*	Trellus Health PLC		1,632		211
*	Verici Dx PLC		1,587		254
TOTAL HEALTH CARE					58,173,490
INDUSTRIALS — (22.3%)
	Avon Protection PLC		185,963		2,215,270
*	Babcock International Group PLC		2,860,700		9,035,971
	Balfour Beatty PLC		3,610,310		12,369,652
	Begbies Traynor Group PLC		60,262		89,424
W	Biffa PLC		1,510,258		7,107,390
	Bodycote PLC		1,201,080		6,831,497
	BRAEMAR PLC		91,109		309,146
	Chemring Group PLC		1,906,169		6,607,992
	Clarkson PLC		212,943		6,739,908
*	Costain Group PLC		237,261		96,481
# *	De La Rue PLC		498,978		537,362
# *	Dialight PLC		89,929		293,257
	Diploma PLC		427,629		12,162,994
	DiscoverIE Group PLC		594,505		5,078,646
*	easyJet PLC		916,028		3,647,334
# *	Esken Ltd.		1,707,178		108,033
#	Firstgroup PLC		2,617,521		3,142,543
	Galliford Try Holdings PLC		663,973		1,263,452
	Genuit Group PLC		1,449,475		4,235,995
	Goodwin PLC		383		13,915
	Grafton Group PLC		1,499,770		11,874,058
#,*	GXO Logistics, Inc.		4,386		160,252
	Hays PLC		9,235,636		11,644,369
	HomeServe PLC		313,380		4,265,265
	IMI PLC		286,976		4,042,592
* ††	Industrial & Commercial Bank of China Ltd.		5,000		0
	International Distributions Services PLC		2,105,859		4,871,650
*	James Fisher & Sons PLC		203,822		607,474
#	James Halstead PLC		122,173		265,718
*	JET2 PLC		813,756		7,936,226
	Johnson Service Group PLC		616,502		653,642
	Keller Group PLC		436,991		3,144,711
*	Kier Group PLC		1,662,440		1,139,230
W	Luceco PLC		278,939		250,588
	Mears Group PLC		682,577		1,483,434
	Mitie Group PLC		7,620,122		6,256,099
	Morgan Advanced Materials PLC		1,908,978		5,379,107
	Morgan Sindall Group PLC		256,662		4,528,818
*	National Express Group PLC		3,054,001		5,920,211

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (Continued)
	Norcros PLC		155,421	$	320,315
	Pagegroup PLC		1,968,311		9,493,890
	Porvair PLC		18,060		111,837
	QinetiQ Group PLC		3,269,929		13,478,205
	Redde Northgate PLC		1,393,933		5,331,142
	Renew Holdings PLC		72,048		507,597
*	Renewi PLC		600,858		3,640,202
	Ricardo PLC		310,737		1,569,647
	Robert Walters PLC		396,868		2,277,961
	Rotork PLC		4,427,553		12,977,500
	RPS Group PLC		1,020,701		2,590,860
	RWS Holdings PLC		131,987		464,039
	Senior PLC		2,397,255		3,576,127
	Serco Group PLC		5,072,076		9,486,190
	Severfield PLC		1,107,512		622,891
*	SIG PLC		4,224,897		1,511,674
	Smart Metering Systems PLC		541,910		4,546,260
	Speedy Hire PLC		3,288,866		1,457,569
	SThree PLC		872,133		3,714,135
	TClarke PLC		64,836		90,489
	Travis Perkins PLC		1,187,192		11,189,269
	Trifast PLC		524,611		379,064
	Tyman PLC		1,020,064		2,244,550
	Vesuvius PLC		1,540,577		5,984,894
	Volex PLC		465,064		1,318,575
	Volution Group PLC		752,219		2,662,652
	Vp PLC		153,784		1,259,224
	Wilmington PLC		334,384		1,113,132
	Wincanton PLC		700,232		2,653,922
	XP Power Ltd.		102,251		2,056,260
TOTAL INDUSTRIALS					264,939,778
INFORMATION TECHNOLOGY — (8.5%)
*	accesso Technology Group PLC		14,495		103,125
	Bytes Technology Group PLC		575,106		2,368,363
*	Capita PLC		10,274,296		2,858,779
*	CentralNic Group PLC		22,135		33,160
	Computacenter PLC		501,179		10,398,774
	dotdigital group PLC		438,664		381,243
*	FD Technologies PLC		32,908		506,070
	FDM Group Holdings PLC		476,786		3,440,080
	GB Group PLC		174,978		763,830
	Gooch & Housego PLC		2,781		15,380
	IDOX PLC		140,149		98,170
	iomart Group PLC		279,306		432,000
# *	IQE PLC		2,163,920		1,038,585
	Kainos Group PLC		478,788		6,798,170
	Keywords Studios PLC		1,958		54,145
*	Kin & Carta PLC		280,359		692,815
	Learning Technologies Group PLC		829,270		1,021,916
	Micro Focus International PLC		1,571,570		9,370,682
	NCC Group PLC		1,818,657		4,159,096
* W	Network International Holdings PLC		234,622		878,618
	Oxford Instruments PLC		348,518		7,622,631
	PayPoint PLC		461,831		3,067,941
	Renishaw PLC		117,624		4,719,863
#	RM PLC		358,749		108,806
	Softcat PLC		677,739		8,707,891
	Spectris PLC		462,131		16,016,986

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Spirent Communications PLC		4,065,908	$	12,069,222
#	Strix Group PLC		162,410		201,069
	TT Electronics PLC		1,084,117		1,677,168
*	Xaar PLC		539,952		1,056,428
TOTAL INFORMATION TECHNOLOGY					100,661,006
MATERIALS — (5.1%)
*	Accsys Technologies PLC		9,505		7,489
	Breedon Group PLC		2,323,004		1,393,445
	Capital Ltd.		59,308		55,799
	Castings PLC		172,368		630,187
	Centamin PLC		8,251,207		8,388,129
	Central Asia Metals PLC		719,628		1,762,981
	Ecora Resources PLC		1,243,076		2,184,177
*	Elementis PLC		3,385,183		3,578,676
	Essentra PLC		1,720,465		4,429,271
	Ferrexpo PLC		232,253		272,403
W	Forterra PLC		1,574,753		3,939,978
	Gem Diamonds Ltd.		413,552		141,567
	Hill & Smith Holdings PLC		549,355		6,209,866
	Hochschild Mining PLC		1,822,730		1,113,715
W	Ibstock PLC		2,968,140		5,291,670
	Marshalls PLC		1,374,930		3,978,368
	Pan African Resources PLC		5,291,713		1,024,684
*	Petra Diamonds Ltd.		17,532		22,964
	RHI Magnesita NV		132,739		2,821,488
# *	SolGold PLC		1,288,015		235,685
	Synthomer PLC		2,154,069		2,786,722
	Victrex PLC		545,312		10,356,993
	Zotefoams PLC		103,100		349,078
TOTAL MATERIALS					60,975,335
REAL ESTATE — (3.0%)
	CLS Holdings PLC		4,103		6,734
	Foxtons Group PLC		1,351,763		465,017
	Grainger PLC		4,237,552		11,018,013
	Harworth Group PLC		30,381		36,087
	Helical PLC		846,617		3,202,729
*	IWG PLC		4,139,249		6,256,661
	LSL Property Services PLC		445,897		1,172,340
	Phoenix Spree Deutschland Ltd.		15,813		47,899
	Savills PLC		965,499		9,122,034
	Sirius Real Estate Ltd.		3,658,372		2,959,759
	Watkin Jones PLC		961,788		1,030,026
TOTAL REAL ESTATE					35,317,299
UTILITIES — (4.2%)
	Centrica PLC		12,351,821		10,853,682
W	ContourGlobal PLC		186,518		539,940
	Drax Group PLC		2,494,304		14,895,027
	Pennon Group PLC		1,360,703		13,075,947
	Telecom Plus PLC		427,882		10,401,875
TOTAL UTILITIES					49,766,471
TOTAL COMMON STOCKS Cost ($1,400,292,665)					1,160,537,010

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

		Shares		Value†
SECURITIES LENDING COLLATERAL — (2.5%)
@ §	The DFA Short Term Investment Fund		2,548,908	$	29,467,920
TOTAL INVESTMENTS — (100.0%) (Cost $1,429,768,069)				$	1,190,004,930

ADR American Depositary Receipt

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of October 31, 2022, 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	$	23,016	$	43,176,934		—		$	43,199,950
Consumer Discretionary		—		194,388,958	$	109,146			194,498,104
Consumer Staples		—		83,434,553		—			83,434,553
Energy		—		50,051,723		—			50,051,723
Financials		—		219,518,781		520			219,519,301
Health Care		—		58,167,401		6,089			58,173,490
Industrials		160,252		264,779,526		—			264,939,778
Information Technology		—		100,661,006		—			100,661,006
Materials		—		60,975,335		—			60,975,335
Real Estate		—		35,317,299		—			35,317,299
Utilities		—		49,766,471		—			49,766,471
Securities Lending Collateral		—		29,467,920		—			29,467,920
TOTAL	$	183,268	$	1,189,705,907	$	115,755	^	$	1,190,004,930

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

See accompanying Notes to Financial Statements.

THE CONTINENTAL SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (93.7%)
AUSTRIA — (3.1%)
	Agrana Beteiligungs AG		83,141	$	1,125,094
	ANDRITZ AG		444,373		20,652,912
#	AT&S Austria Technologie & Systemtechnik AG		196,167		6,058,605
W	BAWAG Group AG		344,403		16,626,330
	CA Immobilien Anlagen AG		88,590		2,798,056
# *	DO & Co. AG		46,272		3,636,929
	EVN AG		246,314		4,097,758
# *	FACC AG		141,355		907,268
	Flughafen Wien AG		12,084		376,173
*	Immofinanz AG		681,828		0
*	Josef Manner & Comp AG		870		88,813
# *	Kapsch TrafficCom AG		29,728		339,889
#	Lenzing AG		86,455		4,136,358
#	Mayr Melnhof Karton AG		56,930		8,101,074
	Oberbank AG		23,479		2,378,393
#	Oesterreichische Post AG		120,333		3,423,854
	Palfinger AG		105,663		2,441,553
#	POLYTEC Holding AG		109,361		507,676
	Porr AG		100,602		1,037,907
	Raiffeisen Bank International AG		196,772		2,736,551
#	Rosenbauer International AG		21,100		725,140
	Schoeller-Bleckmann Oilfield Equipment AG		73,217		4,027,635
#	Semperit AG Holding		71,506		1,413,874
	Strabag SE		106,594		4,092,721
	Telekom Austria AG		1,164,981		6,771,953
	UBM Development AG		21,002		579,473
	UNIQA Insurance Group AG		993,598		6,439,352
	Vienna Insurance Group AG Wiener Versicherung Gruppe		299,448		6,697,412
	voestalpine AG		591,159		12,834,228
	Wienerberger AG		681,129		15,569,801
	Zumtobel Group AG		155,917		941,788
TOTAL AUSTRIA					141,564,570
BELGIUM — (4.4%)
	Ackermans & van Haaren NV		172,739		24,066,242
*	AGFA-Gevaert NV		1,252,462		3,786,601
	Atenor		22,537		933,504
	Banque Nationale de Belgique		54		44,777
	Barco NV		470,132		10,150,273
	Bekaert SA		256,170		7,138,803
#* W	Biocartis Group NV		227,423		273,942
#	bpost SA		371,051		1,834,137
# *	Cie d’Entreprises CFE		49,898		529,761
	Deceuninck NV		480,813		978,639
*	Deme Group NV		49,898		5,559,142
	D’ieteren Group		122,666		20,415,062
#	Econocom Group SA		727,792		1,977,981
	Elia Group SA		80,342		10,157,822
	Etablissements Franz Colruyt NV		132,925		3,204,039
*	Euronav NV		1,350,857		23,568,151
	EVS Broadcast Equipment SA		69,287		1,416,084
	Exmar NV		148,598		1,397,991
	Fagron		316,324		3,937,951
*	Galapagos NV		207,089		9,445,349
	Gimv NV		126,391		5,396,107
*	Greenyard NV		2,890		19,128
#	Immobel SA		23,226		950,928

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
BELGIUM — (Continued)
	Ion Beam Applications		136,652	$	1,908,543
	Jensen-Group NV		20,961		584,538
*	Kinepolis Group NV		94,932		3,578,632
#	Lotus Bakeries NV		2,011		11,184,721
# *	MDxHealth SA		69,016		52,482
#	Melexis NV		122,609		8,432,581
# *	Ontex Group NV		562,200		3,315,844
	Picanol		10,868		751,386
	Proximus SADP		807,234		8,462,819
	Recticel SA		306,705		4,238,379
	Roularta Media Group NV		19,318		317,881
	Shurgard Self Storage SA		57,755		2,514,706
	Sipef NV		38,999		2,199,722
	Telenet Group Holding NV		243,024		3,705,202
	TER Beke SA		3,765		331,211
*	Tessenderlo Group SA		205,166		6,218,568
	Van de Velde NV		47,376		1,494,830
	VGP NV		24,918		1,889,391
	Viohalco SA		498,361		1,850,244
TOTAL BELGIUM					200,214,094
DENMARK — (6.2%)
*	ALK-Abello AS		918,859		15,192,293
	Alm Brand AS		5,914,829		8,083,326
# *	Bang & Olufsen AS		635,976		739,586
	BankNordik P/F		10,800		172,021
*	Bavarian Nordic AS		457,765		14,566,205
# *	Brodrene Hartmann AS		16,148		492,694
#	cBrain AS		18,289		400,109
#	Chemometec AS		81,365		7,669,511
#	Columbus AS		490,087		448,570
	D/S Norden AS		203,501		10,532,200
	Dfds AS		260,309		7,899,593
#	Djurslands Bank AS		6,232		253,006
	FLSmidth & Co. AS		319,467		7,383,934
	Fluegger Group AS		4,198		250,940
#	GN Store Nord AS		165,746		3,522,321
	GronlandsBANKEN AS		1,125		84,345
	H Lundbeck AS		1,391,862		5,207,911
*	H Lundbeck AS, Class A		14,791		50,268
*	H+H International AS, Class B		131,547		2,028,921
*	Harboes Bryggeri AS, Class B		5,094		46,807
# *	ISS AS		927,711		17,037,438
	Jeudan AS		40,046		1,418,588
*	Jyske Bank AS		445,581		24,047,629
#	Lan & Spar Bank		4,895		419,099
	Matas AS		287,314		2,749,889
#* W	Netcompany Group AS		70,537		2,418,327
*	Nilfisk Holding AS		154,895		2,881,653
*	NKT AS		285,928		14,269,861
#* W	NNIT AS		71,567		518,877
	North Media AS		5,372		46,002
*	NTG Nordic Transport Group AS, Class A		13,802		447,686
# *	Parken Sport & Entertainment AS		13,669		133,769
	Per Aarsleff Holding AS		134,378		3,753,160
	Ringkjoebing Landbobank AS		197,936		21,527,994
#	Rockwool AS, Class B		19,172		3,818,180
	ROCKWOOL AS, Class A		421		83,024
	Royal Unibrew AS		312,072		17,826,861

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
DENMARK — (Continued)
# *	RTX AS		54,444	$	917,742
W	Scandinavian Tobacco Group AS, Class A		455,260		7,625,907
	Schouw & Co. AS		95,182		6,038,837
	SimCorp AS		257,158		15,355,075
	Solar AS, Class B		42,715		3,221,288
	SP Group AS		4,788		161,626
	Spar Nord Bank AS		609,820		7,383,542
	Sparekassen Sjaelland-Fyn AS		1,651		37,903
	Sydbank AS		469,010		14,281,518
	TCM Group AS		2,578		24,389
# *	Tivoli AS		9,878		1,022,684
	Topdanmark AS		367,737		16,972,205
	TORM PLC, Class A		195,257		5,224,515
	UIE PLC		103,360		2,538,584
# *	Zealand Pharma AS		217,874		5,611,398
TOTAL DENMARK					284,839,811
FINLAND — (5.3%)
	Aktia Bank Oyj		344,733		3,427,298
#	Alandsbanken Abp, Class B		23,036		728,344
	Alma Media Oyj		133,889		1,109,278
	Apetit Oyj		21,105		212,633
	Aspo Oyj		106,324		840,659
#	Atria Oyj		98,413		918,123
#	Bittium Oyj		204,447		775,741
	Cargotec Oyj, Class B		269,125		10,121,692
	Caverion Oyj		645,461		2,868,462
#	Citycon Oyj		452,512		2,819,270
	Digia Oyj		85,054		500,054
# W	Enento Group Oyj		4,290		89,083
# *	Finnair Oyj		4,568,940		1,934,619
	Fiskars Oyj Abp		215,530		3,104,401
*	F-Secure Oyj		730,842		2,066,827
	Glaston OYJ ABP		9,217		7,883
#	Harvia Oyj		70,873		1,005,445
#	HKScan Oyj, Class A		234,984		220,865
	Huhtamaki Oyj		643,085		23,112,067
	Ilkka Oyj		58,887		210,257
#	Kamux Corp.		59,097		285,821
	Kemira Oyj		751,311		9,920,593
	Kojamo Oyj		622,080		8,096,129
	Konecranes Oyj		414,845		10,437,680
#	Lassila & Tikanoja Oyj		219,184		2,152,778
	Marimekko Oyj		35,459		320,170
	Metsa Board Oyj, Class B		1,216,871		9,153,818
	Metso Outotec Oyj		182,863		1,387,764
	Musti Group Oyj		68,620		1,289,166
	Nokian Renkaat Oyj		796,563		8,982,697
	Olvi Oyj, Class A		99,753		3,081,826
	Oma Saastopankki Oyj		8,486		166,833
	Oriola Oyj, Class A		6,054		11,218
	Oriola Oyj, Class B		880,807		1,597,787
	Orion Oyj, Class B		676,382		31,125,885
#	Outokumpu Oyj		2,443,351		9,806,064
	Pihlajalinna Oyj		80,774		745,778
#	Ponsse Oyj		71,199		1,769,032
# *	QT Group Oyj		56,665		2,420,179
	Raisio Oyj, Class V		985,362		1,907,264
	Rapala VMC Oyj		116,693		494,262

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FINLAND — (Continued)
	Revenio Group Oyj		141,280	$	5,254,758
# W	Rovio Entertainment Oyj		42,808		244,000
	Sanoma Oyj		722,281		8,455,336
	Taaleri Oyj		8,120		76,871
#	Talenom Oyj		7,120		63,392
	Teleste Oyj		52,966		187,298
W	Terveystalo Oyj		139,213		861,014
	TietoEVRY Oyj		552,526		13,171,788
	Tokmanni Group Corp.		348,970		4,219,442
	Uponor Oyj		391,564		5,200,923
	Vaisala Oyj, Class A		125,217		4,874,144
	Valmet Oyj		1,002,259		22,794,608
#	Verkkokauppa.com Oyj		13,945		43,253
# *	Viking Line Abp		11,073		129,680
	Wartsila OYJ Abp		1,509,439		10,290,257
*	WithSecure Oyj		730,842		1,182,590
#	YIT Oyj		1,185,347		2,972,466
TOTAL FINLAND					241,247,565
FRANCE — (10.4%)
	ABC arbitrage		185,857		1,200,864
*	Air France-KLM		1,611,431		2,118,888
	AKWEL		68,408		993,993
# W	ALD SA		128,220		1,367,989
	Altamir		136,094		3,213,074
	Alten SA		124,188		14,508,910
	Assystem SA		61,561		2,257,769
# *	Atos SE		337,963		3,297,948
	Aubay		52,444		2,295,330
#	Axway Software SA		38,973		605,146
#	Bastide le Confort Medical		18,680		531,525
	Beneteau SA		251,906		2,791,691
#	Bigben Interactive		101,428		761,730
	Boiron SA		38,341		1,750,362
#	Bonduelle SCA		99,470		1,155,839
* ††	Bourbon Corp.		28,851		0
	Burelle SA		833		350,623
# *	Casino Guichard Perrachon SA		265,777		2,556,352
#	Catana Group		47,853		237,293
#	Catering International Services		12,144		112,942
#	Cegedim SA		41,834		648,484
*	CGG SA		4,492,509		3,816,286
#	Chargeurs SA		144,516		1,910,256
*	Cie des Alpes		137,830		1,698,870
	Cie Plastic Omnium SA		411,439		5,765,073
# *	Claranova SE		66,462		154,850
*	Coface SA		765,331		8,519,779
	Derichebourg SA		739,624		3,229,701
# *	Ekinops SAS		7,393		50,913
	Electricite de Strasbourg SA		21,112		1,960,362
#* W	Elior Group SA		767,831		1,704,412
	Elis SA		1,251,812		14,335,632
	Equasens		8,599		603,849
	Eramet SA		79,089		5,181,243
# *	Esso SA Francaise		4,117		220,731
	Etablissements Maurel et Prom SA		385,475		1,732,633
	Eurazeo SE		106,784		6,093,674
#	Eutelsat Communications SA		1,235,151		12,398,627
	Exel Industries, Class A		10,459		411,392

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FRANCE — (Continued)
*	Faurecia SE		784,980	$	11,719,007
#	Fnac Darty SA		96,249		2,973,451
*	Gaumont SA		10,715		1,062,811
	Gaztransport Et Technigaz SA		161,171		18,750,394
#	GEA		2,433		188,823
*	Genfit		11,113		44,240
*	GL Events		58,364		907,658
	Groupe Crit		22,187		1,290,838
*	Groupe Gorge SA		4,320		84,714
	Groupe SFPI		21,754		47,097
	Guerbet		37,446		642,002
#	Guillemot Corp.		2,527		29,349
#	Haulotte Group SA		73,020		198,786
	HEXAOM		15,908		303,377
*	ID Logistics Group		14,970		4,021,878
	Imerys SA		231,218		9,464,145
	Infotel SA		637		31,853
# *	Innate Pharma SA		15,558		32,524
	Interparfums SA		953		45,943
	IPSOS		296,328		14,344,406
	Jacquet Metals SACA		93,637		1,456,368
*	JCDecaux SE		271,301		3,425,266
#	Kaufman & Broad SA		123,411		2,998,720
	Korian SA		474,465		4,483,143
	Laurent-Perrier		13,997		1,364,025
	Lectra		150,063		4,801,682
	Linedata Services		16,071		746,447
	LISI		124,665		2,461,930
#	LNA Sante SA		33,206		968,015
# W	Maisons du Monde SA		178,143		1,746,218
	Manitou BF SA		69,984		1,428,050
	Manutan International		15,102		1,514,373
	Mersen SA		128,079		4,143,989
	Metropole Television SA		253,936		2,626,339
# *	Nacon SA		44,739		112,492
W	Neoen SA		37,275		1,300,157
	Nexans SA		198,522		18,537,701
	Nexity SA		259,379		5,195,429
# *	Nicox		145,865		255,158
	NRJ Group		87,189		561,642
#	Oeneo SA		128,172		1,773,460
*	OL Groupe SA		10,735		29,307
# *	Onxeo SA		48,958		8,189
# *	Orpea SA		45,620		369,974
#	Plastiques Du Val De Loire		14,341		48,217
*	Prodways Group SA		6,480		23,739
	Quadient SA		220,547		3,102,935
# *	Rallye SA		6,989		17,923
# * ††	Recylex SA		102,008		34,930
	Rexel SA		1,687,054		30,105,974
	Robertet SA		1,246		1,038,210
	Rothschild & Co.		141,560		5,020,250
	Rubis SCA		601,544		13,660,662
#	Samse SA		7,930		1,335,689
	Savencia SA		35,032		1,941,962
	SCOR SE		685,317		10,305,884
	SEB SA		16,229		1,056,533
	Seche Environnement SA		21,328		1,810,725
	SES SA		1,765,998		12,526,130

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
FRANCE — (Continued)
* W	SMCP SA		71,339	$	448,432
	Societe BIC SA		178,902		10,270,068
	Societe des Bains de Mer et du Cercle des Etrangers a Monaco		37,677		3,147,406
	Societe pour I’Informatique Industrielle		56,188		2,602,693
*	SOITEC		136,660		17,498,496
# *	Solocal Group		681,417		457,624
	Somfy SA		88,329		9,409,088
	Sopra Steria Group SACA		120,286		15,921,347
	SPIE SA		887,677		20,765,906
# * W	SRP Groupe SA		56,827		91,552
	Stef SA		25,714		2,048,595
	Sword Group		37,202		1,401,826
	Synergie SE		67,143		1,814,348
*	Technicolor Creative Studios SA		81,942		127,704
	Technip Energies NV		366,826		4,735,268
#	Television Francaise 1		412,012		2,615,479
#	TFF Group		9,347		336,188
	Thermador Groupe		37,127		3,088,545
#	Tikehau Capital SCA		31,518		765,737
	Totalenergies EP Gabon		4,026		652,358
	Trigano SA		62,717		6,419,541
*	Ubisoft Entertainment SA		271,667		7,453,429
#	Union Financiere de France BQE SA		18,515		239,661
	Valeo		736,515		12,132,592
*	Vallourec SA		577,711		6,146,670
*	Vantiva SA		81,942		60,982
W	Verallia SA		187,176		5,303,612
	Vetoquinol SA		15,514		1,288,950
#	Vicat SA		115,287		2,642,752
	VIEL & Cie SA		156,945		899,381
	Vilmorin & Cie SA		35,845		1,588,335
	Virbac SA		28,641		7,018,432
*	Voltalia SA		11,960		227,774
	Vranken-Pommery Monopole SA		16,787		263,847
	Wavestone		9,891		426,173
* W	X-Fab Silicon Foundries SE		168,469		872,162
*	Xilam Animation SA		415		12,519
TOTAL FRANCE					474,261,640
GERMANY — (13.4%)
	1&1 AG		253,564		3,340,401
	7C Solarparken AG		139,107		604,770
*	Aareal Bank AG		523,741		16,561,936
	Adesso SE		7,240		716,808
	AIXTRON SE		405,671		9,968,807
	All for One Group SE		4,503		176,726
	Allgeier SE		58,776		1,700,463
	Amadeus Fire AG		10,622		1,072,046
#	Aroundtown SA		673,419		1,334,881
	Atoss Software AG		16,166		1,968,270
	Aurubis AG		287,683		18,152,871
# * W	Auto1 Group SE		15,108		101,609
	Basler AG		108,156		2,935,858
# *	Bauer AG		99,166		646,855
	BayWa AG		105,190		4,746,562
	BayWa AG		124		7,275
#	Bechtle AG		115,608		3,993,857
W	Befesa SA		88,473		3,072,874
	Bertrandt AG		38,449		1,145,057

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
*	bet-at-home.com AG		6,853	$	30,091
*	Bijou Brigitte AG		23,422		805,023
#	Bilfinger SE		207,655		5,776,727
# *	Borussia Dortmund GmbH & Co. KGaA		665,682		2,460,956
	CANCOM SE		253,430		6,262,736
#	CECONOMY AG		1,120,535		1,823,567
	CENIT AG		57,781		754,172
	Cewe Stiftung & Co. KGAA		45,952		3,599,497
	CompuGroup Medical SE & Co. KgaA		192,725		6,088,962
	CropEnergies AG		187,944		2,995,251
*	CTS Eventim AG & Co. KGaA		124,540		5,945,103
	Data Modul AG Produktion Und Vertrieb Von Elektronischen Systemen		11,455		656,367
	Dermapharm Holding SE		78,722		2,993,040
	Deutsche Beteiligungs AG		115,972		2,938,902
W	Deutsche Pfandbriefbank AG		1,147,894		8,549,660
	Deutz AG		858,725		3,242,034
	DIC Asset AG		383,365		2,642,774
	DMG Mori AG		4,196		170,839
#	Dr Hoenle AG		35,520		547,938
	Draegerwerk AG & Co. KGaA		20,476		739,253
#	Duerr AG		393,605		10,404,052
W	DWS Group GmbH & Co. KGaA		4,604		124,475
	Eckert & Ziegler Strahlen- und Medizintechnik AG		102,697		4,059,993
	EDAG Engineering Group AG		51,353		517,974
	Elmos Semiconductor SE		7,537		344,531
	ElringKlinger AG		192,671		1,379,091
	Encavis AG		499,231		9,294,543
	Energiekontor AG		14,403		1,278,950
*	Evotec SE		7,644		145,794
	Fabasoft AG		509		9,039
#	Fielmann AG		154,321		4,916,129
# *	flatexDEGIRO AG		107,566		940,134
*	Fraport AG Frankfurt Airport Services Worldwide		208,969		8,050,768
	Freenet AG		962,168		18,912,546
	Fuchs Petrolub SE		117,437		2,831,459
	GEA Group AG		131,212		4,586,442
	Gerresheimer AG		240,843		13,797,563
	Gesco AG		55,404		1,378,889
	GFT Technologies SE		168,983		5,509,230
*	GK Software SE		581		70,037
*	Global Fashion Group SA		76,275		128,456
#	Grand City Properties SA		814,875		7,926,771
#	GRENKE AG		9,184		187,306
*	H&R GmbH & Co. KGaA		71,674		464,763
	Hamburger Hafen und Logistik AG		189,581		2,220,451
	Hawesko Holding AG		313		12,279
# *	Heidelberger Druckmaschinen AG		1,919,276		2,649,143
# *	HelloFresh SE		230,100		4,599,506
	Hensoldt AG		101,947		2,395,232
*	Highlight Communications AG		98,406		380,211
	Hochtief AG		45,854		2,435,944
	Hornbach Holding AG & Co. KGaA		56,348		3,840,990
	Hugo Boss AG		426,713		19,653,270
# *	Hypoport SE		7,011		684,803
	Indus Holding AG		138,578		2,734,593
W	Instone Real Estate Group SE		48,824		355,372
	IVU Traffic Technologies AG		51,403		718,621
	Jenoptik AG		405,384		8,887,262
W	JOST Werke AG		7,900		337,132

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
	K&S AG		1,269,799	$	28,035,878
#	KION Group AG		93,598		2,075,094
#	Kloeckner & Co. SE		485,557		3,805,391
#	Knaus Tabbert AG		1,753		47,795
# *	Koenig & Bauer AG		89,315		1,120,254
#	Kontron AG		346,499		5,015,038
	Krones AG		112,799		10,446,698
	KSB SE & Co. KGaA		3,293		1,301,411
	KWS Saat SE & Co. KGaA		83,735		4,861,268
	Lanxess AG		577,941		19,544,674
#	LEG Immobilien SE		61,876		4,039,586
#	Leifheit AG		59,026		838,024
# *	Leoni AG		176,283		1,240,731
# *	Manz AG		25,270		661,801
*	Mediclin AG		82,946		294,934
*	Medigene AG		116,971		259,979
*	METRO AG		1,012,891		7,726,721
	MLP SE		440,536		2,045,867
# *	Nagarro SE		61,364		6,104,668
	New Work SE		20,199		2,530,611
	Nexus AG		99,836		5,354,218
# *	Nordex SE		967,673		9,020,804
	Norma Group SE		219,343		3,477,165
	OHB SE		38,571		1,082,039
	PATRIZIA SE		348,340		2,556,645
	Pfeiffer Vacuum Technology AG		48,041		6,786,723
#	PNE AG		491,579		9,355,701
	Progress-Werk Oberkirch AG		8,558		209,655
	ProSiebenSat.1 Media SE		1,391,977		9,459,330
	PSI Software AG		70,343		1,607,838
*	PVA TePla AG		86,836		1,454,999
*	q.beyond AG		718,542		594,211
*	R Stahl AG		14,952		208,209
#	Rational AG		40		22,548
	Rheinmetall AG		186,043		30,241,593
	RTL Group SA		762		25,867
	SAF-Holland SE		297,427		2,201,823
#	Salzgitter AG		264,670		5,914,992
	Schloss Wachenheim AG		6,929		113,705
# W	Scout24 SE		302,097		15,480,950
#	Secunet Security Networks AG		8,338		1,828,997
# *	SGL Carbon SE		337,757		2,395,657
# * W	Shop Apotheke Europe NV		9,889		409,500
	Siltronic AG		146,283		9,097,040
	Sixt SE		96,820		9,081,096
# *	SMA Solar Technology AG		59,742		2,890,339
*	SNP Schneider-Neureither & Partner SE		3,170		47,447
	Softing AG		10,587		53,700
#	Software AG		393,922		8,617,826
	Stabilus SE		175,916		9,650,722
	STRATEC SE		33,736		2,828,038
#	Stroeer SE & Co. KGaA		203,324		8,289,296
	Suedzucker AG		526,208		6,705,946
#	SUESS MicroTec SE		146,951		1,661,276
	Surteco Group SE		47,139		889,610
#	Synlab AG		13,980		180,007
#	TAG Immobilien AG		1,209,596		7,575,458
#	Takkt AG		250,065		3,238,606
* W	TeamViewer AG		509,264		4,890,457

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
GERMANY — (Continued)
	Technotrans SE		46,673	$	1,174,178
# *	thyssenkrupp AG		1,953,574		10,283,477
	Traffic Systems SE		37,280		666,353
	United Internet AG		91,555		1,711,444
# *	va-Q-tec AG		2,370		30,419
#	Varta AG		24,311		651,501
#	VERBIO Vereinigte BioEnergie AG		169,400		13,344,165
*	Vitesco Technologies Group AG, Class A		10,364		554,563
#	Vossloh AG		76,106		2,731,054
	Wacker Chemie AG		16,328		1,900,994
	Wacker Neuson SE		227,890		3,592,802
	Washtec AG		86,629		3,253,446
# *	Westwing Group SE		41,567		282,363
	Wuestenrot & Wuerttembergische AG		119,837		1,690,731
	Zeal Network SE		53,966		1,362,541
TOTAL GERMANY					611,161,049
GREECE — (0.0%)
* ††	Alfa Alfa Energy SA		3,810		0
* ††	Neorion Holdings SA		14,991		0
IRELAND — (1.5%)
	AIB Group PLC		885,140		2,560,633
	Bank of Ireland Group PLC		5,945,531		42,811,519
	Cairn Homes PLC		1,908,875		1,848,135
*	Dalata Hotel Group PLC		287,904		923,643
	FBD Holdings PLC		142,812		1,396,895
	Glanbia PLC		1,151,741		13,421,247
* W	Glenveagh Properties PLC		957,454		936,548
	Irish Continental Group PLC		820,853		3,315,296
*	Permanent TSB Group Holdings PLC		268,168		446,515
TOTAL IRELAND					67,660,431
ISRAEL — (3.6%)
#	Adgar Investment & Development Ltd.		105,459		179,779
	Afcon Holdings Ltd.		3,064		144,816
#	AFI Properties Ltd.		100,052		2,999,563
	Africa Israel Residences Ltd.		13,924		558,786
*	Airport City Ltd.		113,983		1,887,228
# *	Allot Ltd.		189,485		746,566
#	Alrov Properties & Lodgings Ltd.		49,832		2,547,777
#	Arad Ltd.		28,474		365,024
	Ashtrom Group Ltd.		107,315		2,335,601
	AudioCodes Ltd.		25,159		512,064
	Aura Investments Ltd.		334,602		591,150
	Automatic Bank Services Ltd.		11,760		52,574
*	Avgol Industries 1953 Ltd.		468,925		277,045
	Azorim-Investment Development & Construction Co. Ltd.		575,905		2,003,942
# *	Bet Shemesh Engines Holdings 1997 Ltd.		30,236		726,956
	Blue Square Real Estate Ltd.		37,333		2,478,883
*	Brack Capital Properties NV		18,347		1,952,680
# *	Brainsway Ltd.		17,217		30,440
# *	Camtek Ltd.		23,329		526,199
	Carasso Motors Ltd.		132,164		829,746
*	Cellcom Israel Ltd.		497,683		2,491,521
*	Ceragon Networks Ltd.		266,244		479,239
*	Clal Insurance Enterprises Holdings Ltd.		321,004		5,539,393
# *	Compugen Ltd.		113,943		102,552

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ISRAEL — (Continued)
	Danel Adir Yeoshua Ltd.		24,002	$	2,781,987
#	Delek Automotive Systems Ltd.		260,248		3,350,973
*	Delek Group Ltd.		30,697		4,673,839
	Delta Galil Industries Ltd.		75,453		3,416,178
	Dor Alon Energy in Israel 1988 Ltd.		17,532		606,425
#	Duniec Brothers Ltd.		1,094		56,623
#	Electra Consumer Products 1970 Ltd.		43,403		1,502,313
	Electra Ltd.		8,299		4,828,874
	Electra Real Estate Ltd.		44,441		545,652
*	Ellomay Capital Ltd.		2,597		48,433
	Energix-Renewable Energies Ltd.		79,976		279,210
*	Enlight Renewable Energy Ltd.		2,358,065		4,775,758
# *	Equital Ltd.		130,022		4,009,564
*	Fattal Holdings 1998 Ltd.		6,068		616,336
	FMS Enterprises Migun Ltd.		19,186		635,932
	Formula Systems 1985 Ltd.		64,555		5,239,737
	Formula Systems 1985 Ltd., Sponsored ADR		640		52,154
	Fox Wizel Ltd.		46,883		5,715,489
	Gav-Yam Lands Corp. Ltd.		423,939		3,595,477
# *	Gilat Satellite Networks Ltd.		236,247		1,417,418
*	Hagag Group Real Estate Development		16,780		91,345
	Harel Insurance Investments & Financial Services Ltd.		448,124		4,313,629
	Hilan Ltd.		106,225		5,562,285
	IDI Insurance Co. Ltd.		47,574		1,270,471
	IES Holdings Ltd.		1,354		94,672
	Ilex Medical Ltd.		4,067		103,032
#	Infinya Ltd.		21,885		2,114,085
	Inrom Construction Industries Ltd.		367,899		1,501,587
	Isracard Ltd.		167,634		495,670
	Israel Canada T.R Ltd.		220,206		634,811
#	Israel Land Development - Urban Renewal Ltd.		81,564		1,059,796
	Isras Investment Co. Ltd.		5,893		1,109,587
#	Issta Lines Ltd.		16,402		450,986
# *	Kamada Ltd.		212,977		979,238
	Kardan Real Estate Enterprise & Development Ltd.		24,718		24,101
	Kenon Holdings Ltd.		76,497		2,930,736
	Kerur Holdings Ltd.		33,018		714,288
#	Klil Industries Ltd.		5,696		475,964
	Lahav L.R. Real Estate Ltd.		9,407		10,486
	Levinstein Properties Ltd.		377		9,753
	M Yochananof & Sons Ltd.		5,479		322,551
	Magic Software Enterprises Ltd.		152,541		2,371,658
#	Malam - Team Ltd.		10,222		232,342
	Matrix IT Ltd.		225,871		4,872,593
	Max Stock Ltd.		7,391		10,562
#	Maytronics Ltd.		165,369		1,783,096
#	Mediterranean Towers Ltd.		434,044		1,252,438
	Mega Or Holdings Ltd.		85,860		2,496,386
*	Mehadrin Ltd.		1,666		67,111
# *	Meitav Investment House Ltd.		132,413		463,683
*	Menora Mivtachim Holdings Ltd.		186,995		3,810,425
	Meshulam Levinstein Contracting & Engineering Ltd.		310		28,849
	Migdal Insurance & Financial Holdings Ltd.		2,008,915		2,409,658
	Mivtach Shamir Holdings Ltd.		30,255		720,232
	Mizrahi Tefahot Bank Ltd.		1		39
# *	Naphtha Israel Petroleum Corp. Ltd.		244,337		1,265,600
	Nawi Brothers Ltd.		68,328		494,499
*	Neto Malinda Trading Ltd.		4,663		157,004
	Neto ME Holdings Ltd.		12,167		511,310

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ISRAEL — (Continued)
	Novolog Ltd.		200,415	$	165,538
*	NR Spuntech Industries Ltd.		76,176		84,034
	Oil Refineries Ltd.		12,221,338		4,551,410
	One Software Technologies Ltd.		48,820		675,836
*	OPC Energy Ltd.		76,073		935,331
	Palram Industries 1990 Ltd.		1,112		10,889
*	Partner Communications Co. Ltd.		859,128		6,476,302
*	Paz Oil Co. Ltd.		61,942		7,399,803
*	Perion Network Ltd.		101,332		2,324,408
	Plasson Industries Ltd.		21,191		1,032,914
#	Prashkovsky Investments & Construction Ltd.		10,063		241,651
# *	Priortech Ltd.		9,623		176,966
#	Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.		52,258		3,624,016
	Retailors Ltd.		1,167		22,445
	Scope Metals Group Ltd.		47,147		2,115,682
	Summit Real Estate Holdings Ltd.		222,691		3,103,033
	Suny Cellular Communication Ltd.		312,529		156,505
	Tadiran Group Ltd.		16,763		2,271,424
# W	Tamar Petroleum Ltd.		38,322		118,218
	Tel Aviv Stock Exchange Ltd.		21,464		126,490
*	Tera Light Ltd.		86,179		143,301
#	Tiv Taam Holdings 1 Ltd.		39,749		83,571
# *	Victory Supermarket Chain Ltd.		5,213		66,156
	YH Dimri Construction & Development Ltd.		18,253		1,109,772
TOTAL ISRAEL					162,740,149
ITALY — (8.4%)
	A2A SpA		10,137,181		11,240,491
	ACEA SpA		380,238		4,791,188
# *	Aeffe SpA		177,250		218,988
W	Anima Holding SpA		1,967,662		6,094,177
	Aquafil SpA		83,333		453,493
	Arnoldo Mondadori Editore SpA		1,122,764		1,891,862
	Ascopiave SpA		477,634		1,130,029
*	Autogrill SpA		102,824		642,726
	Autostrade Meridionali SpA		3,917		143,171
#	Avio SpA		110,432		1,233,182
	Azimut Holding SpA		813,168		13,093,679
#	Banca Generali SpA		462,600		13,828,812
	Banca IFIS SpA		251,013		2,963,938
	Banca Mediolanum SpA		891,514		6,670,224
	Banca Popolare di Sondrio SPA		3,275,345		11,748,855
	Banca Profilo SpA		1,711,765		326,502
W	Banca Sistema SpA		414,926		608,336
	Banco BPM SpA		10,252,032		31,017,683
	Banco di Desio e della Brianza SpA		241,954		674,121
	Be Shaping The Future SpA		473,718		1,610,384
W	BFF Bank SpA		706,708		4,985,522
	Biesse SpA		11,036		132,918
	BPER Banca		7,525,929		13,925,204
	Brembo SpA		860,785		8,998,978
	Brunello Cucinelli SpA		248,717		14,417,102
	Buzzi Unicem SpA		651,090		10,806,005
	Cairo Communication SpA		601,468		977,634
W	Carel Industries SpA		37,717		821,505
	Cementir Holding NV		361,114		2,101,822
# *	CIR SpA-Compagnie Industriali		2,423,159		1,023,043
	Credito Emiliano SpA		616,798		3,657,014
*	d’Amico International Shipping SA		2,548,506		732,669

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ITALY — (Continued)
	Danieli & C Officine Meccaniche SpA		98,559	$	1,353,759
#	Danieli & C Officine Meccaniche SpA		104,538		2,133,675
	Datalogic SpA		16,509		125,625
	De’ Longhi SpA		398,689		6,878,891
	DeA Capital SpA		697,876		740,883
#	Digital Bros SpA		37,586		885,730
W	doValue SpA		80,786		465,287
	Elica SpA		166,709		442,901
	Emak SpA		565,182		603,745
W	Enav SpA		335,472		1,297,282
	ERG SpA		352,598		11,059,880
	Esprinet SpA		227,113		1,512,873
*	Eurotech SpA		207,209		640,776
#	Fila SpA		145,425		991,417
# *	Fincantieri SpA		3,504,948		1,781,985
# *††	Finmatica SpA		5,960		0
*	FNM SpA		1,412,345		642,066
	Gefran SpA		35,925		301,444
# *	Geox SpA		356,231		283,803
	GPI SpA		16,644		212,002
	Gruppo MutuiOnline SpA		172,390		3,812,891
#*W	GVS SpA		11,552		59,267
	Hera SpA		5,590,996		13,321,559
	IMMSI SpA		1,372,199		538,477
	Interpump Group SpA		116,858		4,524,214
	Iren SpA		4,667,503		6,936,290
	Italgas SpA		3,535,826		18,217,452
	Italmobiliare SpA		77,432		1,979,415
*	Iveco Group NV		87,854		474,734
	IVS Group SA		140,888		533,297
*	Juventus Football Club SpA		782,303		213,584
# *	KME Group SpA		1,885,608		1,040,426
	Leonardo SpA		2,965,480		23,824,938
	LU-VE SpA		5,064		103,620
#	Maire Tecnimont SpA		1,261,206		3,913,271
# * ††	Mariella Burani Fashion Group SpA		22,744		0
	MFE-MediaForEurope NV, Class A		7,493,411		2,628,718
#	MFE-MediaForEurope NV, Class A		3,057,306		1,526,952
*	Newlat Food SpA		22,549		101,570
	Openjobmetis SpA agenzia per il lavoro		63,079		487,161
	Orsero SpA		19,188		274,640
#W	OVS SpA		1,486,934		2,775,899
	Pharmanutra SpA		4,175		279,789
	Piaggio & CSpA		1,327,755		3,411,196
W	Pirelli & C SpA		2,538,628		9,575,853
#	Prima Industrie SpA		33,228		810,470
W	RAI Way SpA		618,828		2,964,485
	Reply SpA		147,173		16,008,528
	Rizzoli Corriere Della Sera Mediagroup SpA		956,821		642,770
	Sabaf SpA		63,964		1,182,054
#	SAES Getters SpA		900		19,401
*	Safilo Group SpA		220,553		311,262
#	Salvatore Ferragamo SpA		173,061		2,543,833
	Sanlorenzo SpA/Ameglia		2,695		86,449
*	Saras SpA		4,182,418		5,054,873
	Sesa SpA		57,481		6,224,992
# *	Sogefi SpA		342,301		278,776
	SOL SpA		225,916		4,063,829
*	Spaxs SpA		218,758		1,487,727

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ITALY — (Continued)
	Tamburi Investment Partners SpA		858,326	$	6,035,504
W	Technogym SpA		848,966		5,836,646
# *	Telecom Italia SpA		6,393,165		1,250,770
# *	Tesmec SpA		313,747		40,196
	Tinexta SpA		138,460		2,787,419
# *	Tiscali SpA		25,776		21,240
*	TXT e-solutions SpA		73,775		893,972
#W	Unieuro SpA		145,452		1,569,806
	Unipol Gruppo SpA		3,175,802		13,668,138
	UnipolSai Assicurazioni SpA		42,994		96,942
#	Webuild SpA		1,307,308		1,778,969
#	Zignago Vetro SpA		187,606		2,361,961
TOTAL ITALY					383,891,506
NETHERLANDS — (5.6%)
	Aalberts NV		686,131		23,803,028
	Acomo NV		40,189		751,005
*	AFC Ajax NV		13,955		158,763
* W	Alfen Beheer BV		64,588		6,851,410
	AMG Advanced Metallurgical Group NV		214,731		6,708,819
	APERAM SA		322,482		8,420,437
	Arcadis NV		533,103		18,091,946
	ASR Nederland NV		672,922		29,630,688
*	Avantium NV		12,128		39,801
W	B&S Group Sarl		10,048		52,604
#*W	Basic-Fit NV		294,493		7,417,087
	BE Semiconductor Industries NV		405,420		20,662,135
	Beter Bed Holding NV		27,380		79,735
	Brunel International NV		155,477		1,432,142
	Corbion NV		390,957		10,410,850
W	CTP NV		5,742		59,556
# W	Flow Traders		226,947		5,460,660
	ForFarmers NV		214,677		581,933
*	Fugro NV		567,199		7,367,443
	Heijmans NV		167,350		1,695,790
* W	Intertrust NV		472,154		9,314,137
	Kendrion NV		96,304		1,392,853
*	Koninklijke BAM Groep NV		1,821,442		3,975,151
	Koninklijke Vopak NV		305,260		6,237,071
* W	Lucas Bols NV		24,022		237,146
	Nedap NV		33,400		1,796,594
#	OCI NV		554,235		21,198,317
	Ordina NV		637,656		2,449,766
# *	Pharming Group NV		1,219,229		1,261,398
#	PostNL NV		3,721,701		5,827,026
	SBM Offshore NV		1,043,174		14,117,707
#	SIF Holding NV		34,182		350,378
W	Signify NV		711,679		19,717,182
	Sligro Food Group NV		143,176		2,077,046
# *††	SRH NV		705,718		0
	TKH Group NV		271,678		9,607,139
# *	TomTom NV		465,526		3,639,043
	Van Lanschot Kempen NV		158,577		3,422,382
*	Vivoryon Therapeutics NV		5,400		43,783
TOTAL NETHERLANDS					256,339,951

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
NORWAY — (2.4%)
	2020 Bulkers Ltd.		65,237	$	490,937
	ABG Sundal Collier Holding ASA		2,506,062		1,329,800
	AF Gruppen ASA		877		12,703
# *	Akastor ASA		787,389		772,955
*	Aker BioMarine ASA		10,134		41,659
*	Aker Carbon Capture ASA		136,636		153,760
	Aker Solutions ASA		1,516,028		5,788,269
	AMSC ASA		255,057		929,361
*	ArcticZymes Technologies ASA		77,341		498,295
*	Asetek AS		19,672		34,798
	Atea ASA		370,118		4,118,491
# *	Atlantic Sapphire ASA		67,633		42,982
	Austevoll Seafood ASA		11,018		81,644
W	Avance Gas Holding Ltd.		19,594		112,605
# *	Axactor ASA		839,168		483,447
	B2Holding ASA		1,258,346		948,916
	Belships ASA		332,823		465,483
*	Bergenbio ASA		51,404		36,347
	Bonheur ASA		144,049		4,098,598
# *	Borr Drilling Ltd.		158,072		769,081
	Borregaard ASA		472,245		6,349,480
	Bouvet ASA		66,121		349,724
*	BW Energy Ltd.		352,705		888,750
W	BW LPG Ltd.		648,398		5,246,013
	BW Offshore Ltd.		753,331		1,914,129
*	Cadeler AS		63,427		203,302
*	Cloudberry Clean Energy ASA		19,690		24,461
#*W	Crayon Group Holding ASA		169,173		1,402,546
#	DNO ASA		3,131,136		4,072,772
	Elopak ASA		6,452		14,517
W	Europris ASA		1,169,092		6,960,964
	FLEX LNG Ltd.		217,647		6,760,350
#	Frontline Ltd.		475,587		5,943,530
	Grieg Seafood ASA		350,555		2,427,597
	Hafnia Ltd.		262,985		1,354,340
# *	Hexagon Composites ASA		714,855		1,642,480
	Hunter Group ASA		384,083		80,102
# *	IDEX Biometrics ASA		594,228		48,169
# *	Kahoot! ASA		318,608		679,336
# W	Kid ASA		35,988		270,034
#	Kitron ASA		515,690		1,155,537
W	Klaveness Combination Carriers ASA		2,957		18,215
*	Komplett Bank ASA		33,724		16,500
*	Kongsberg Automotive ASA		4,586,574		1,204,549
*	LINK Mobility Group Holding ASA		51,820		40,235
*	Magnora ASA		118,220		256,964
	Medistim ASA		2,163		50,243
	MPC Container Ships ASA		1,639,898		2,586,935
W	Multiconsult ASA		2,534		30,319
# *	Nordic Nanovector ASA		376,386		46,687
*W	Norske Skog ASA		249,340		1,537,001
*	Northern Ocean Ltd.		60,674		65,681
*	Norway Royal Salmon ASA		93,951		1,194,433
*	Norwegian Air Shuttle ASA		751,099		601,448
*	Norwegian Energy Co. ASA		15,882		587,309
*	NRC Group ASA		38,228		64,819
*	Odfjell Drilling Ltd.		645,965		1,688,122
	Odfjell SE, Class A		140,676		926,158
*	Odfjell Technology Ltd.		97,767		213,846
	OKEA ASA		66,689		271,728

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
NORWAY — (Continued)
W	Okeanis Eco Tankers Corp.		16,989	$	276,134
	Olav Thon Eiendomsselskap ASA		72,175		1,208,947
	Otello Corp. ASA		27,272		21,935
*	Panoro Energy ASA		33,298		108,831
	Pareto Bank ASA		47,843		216,457
# *	PGS ASA		3,070,778		1,978,929
*	PhotoCure ASA		18,163		160,971
#* W	poLight ASA		4,600		10,122
# *	Prosafe SE		6,125		107,813
	Protector Forsikring ASA		438,078		5,215,857
*	Q-Free ASA		32,883		19,275
# *	REC Silicon ASA		1,976,404		3,797,197
# W	Scatec ASA		113,961		807,259
*	SD Standard ETC PLC		271,994		52,503
	Selvaag Bolig ASA		325,020		1,051,718
* W	Shelf Drilling Ltd.		124,843		269,354
*	Siem Offshore, Inc.		10,249		12,390
*	Solstad Offshore ASA		29,716		74,173
	Sparebank 1 Oestlandet		25,056		270,898
	SpareBank 1 Sorost-Norge		1,788		8,871
	Stolt-Nielsen Ltd.		192,640		4,620,246
	TGS ASA		188,751		2,569,808
	Treasure ASA		316,195		504,172
# *	Ultimovacs ASA		24,075		181,751
	Veidekke ASA		640,408		5,326,615
*	Volue ASA		168		437
	Wilh Wilhelmsen Holding ASA, Class A		68,304		1,589,155
W	XXL ASA		1,327,985		577,652
TOTAL NORWAY					111,438,926
PORTUGAL — (1.0%)
	Altri SGPS SA		520,559		2,896,725
#	Banco Comercial Portugues SA, Class R		57,721,798		8,223,912
* ††	Banco Espirito Santo SA		4,777,921		0
	Corticeira Amorim SGPS SA		116,151		1,122,361
#	CTT-Correios de Portugal SA		698,830		2,157,086
*	Greenvolt-Energias Renovaveis SA		125,818		966,452
#	Ibersol SGPS SA		52,494		306,333
#	Mota-Engil SGPS SA		641,747		768,983
	Navigator Co. SA		1,800,273		6,858,770
#	NOS SGPS SA		1,562,222		6,118,871
#	Novabase SGPS SA		72,649		301,254
#	REN - Redes Energeticas Nacionais SGPS SA		2,950,023		7,635,306
	Sonae SGPS SA		6,829,681		6,559,184
TOTAL PORTUGAL					43,915,237
SPAIN — (5.7%)
	Acerinox SA		1,095,358		9,599,762
# * ††	Adveo Group International SA		84,445		0
W	Aedas Homes SA		27,692		363,666
	Alantra Partners SA		70,997		903,781
	Almirall SA		475,919		4,434,360
# *	Amper SA		6,893,962		1,018,421
	Applus Services SA		925,350		5,464,230
	Atresmedia Corp. de Medios de Comunicacion SA		574,350		1,657,505
	Azkoyen SA		67,253		405,342
	Banco de Sabadell SA		36,362,876		28,610,453
	Bankinter SA		4,326,671		26,171,851

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SPAIN — (Continued)
# * ††	Caja de Ahorros del Mediterraneo		116,412	$	0
	Cia de Distribucion Integral Logista Holdings SA		429,838		8,889,682
	CIE Automotive SA		376,909		9,601,073
	Construcciones y Auxiliar de Ferrocarriles SA		129,981		3,393,626
# *	Deoleo SA		37,749		8,893
*	Distribuidora Internacional de Alimentacion SA		3,729,910		45,298
#	Ebro Foods SA		526,136		8,204,123
*	eDreams ODIGEO SA		427,530		1,768,463
	Elecnor SA		200,108		1,998,253
#	Enagas SA		1,457,648		23,663,312
	Ence Energia y Celulosa SA		1,042,979		3,572,054
	Ercros SA		643,000		2,064,341
	Faes Farma SA		2,130,572		8,041,813
#	Fluidra SA		367,354		4,988,981
	Fomento de Construcciones y Contratas SA		381,903		3,181,584
W	Gestamp Automocion SA		762,851		2,686,219
W	Global Dominion Access SA		695,411		2,552,065
*	Grenergy Renovables SA		9,966		307,422
	Grupo Catalana Occidente SA		270,353		7,342,557
#	Grupo Empresarial San Jose SA		151,317		550,324
	Iberpapel Gestion SA		47,911		634,292
	Indra Sistemas SA		928,400		8,303,301
	Laboratorio Reig Jofre SA		14,851		34,969
	Laboratorios Farmaceuticos Rovi SA		125,881		5,725,346
#	Linea Directa Aseguradora SA Cia de Seguros y Reaseguros		3,862,215		3,619,793
#	Mapfre SA		3,059,999		5,248,481
*	Melia Hotels International SA		762,631		3,545,684
# W	Metrovacesa SA		25,204		178,310
	Miquel y Costas & Miquel SA		193,707		2,053,323
W	Neinor Homes SA		90,425		722,917
# *	Obrascon Huarte Lain SA		1,665,246		707,653
# *	Oryzon Genomics SA		35,547		74,694
	Pharma Mar SA		37,278		2,233,623
	Prim SA		40,283		441,439
*	Promotora de Informaciones SA, Class A		1,330,083		439,889
# W	Prosegur Cash SA		445,278		268,313
	Prosegur Cia de Seguridad SA		1,211,235		2,255,613
*	Realia Business SA		1,667,905		1,665,269
	Renta 4 Banco SA		442		4,089
#	Sacyr SA		2,967,489		7,279,618
*	Solaria Energia y Medio Ambiente SA		519,113		8,210,355
*	Soltec Power Holdings SA		28,469		119,915
# W	Talgo SA		598,613		1,661,052
# *	Tecnicas Reunidas SA		188,993		1,348,926
*	Tubacex SA		738,150		1,621,059
# *	Tubos Reunidos SA		34,204		7,511
W	Unicaja Banco SA		7,996,906		7,089,166
	Vidrala SA		123,392		9,432,195
	Viscofan SA		271,401		16,161,112
	Vocento SA		352,577		215,618
TOTAL SPAIN					262,792,979
SWEDEN — (5.9%)
W	AcadeMedia AB		448,737		1,920,422
	AddLife AB, Class B		23,039		215,377
	AddNode Group AB, Class B		432,724		3,764,682
	AFRY AB		286,051		3,841,317
# W	Alimak Group AB		245,042		1,536,415
	Alligo AB, Class B		137,415		1,015,741

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
W	Ambea AB		196,916	$	696,532
*	Annehem Fastigheter AB, Class B		142,899		278,897
	AQ Group AB		1,510		38,758
*	Arise AB		102,189		455,946
	Arjo AB, Class B		1,033,502		4,122,623
	Atrium Ljungberg AB, Class B		206,092		2,756,293
#* W	Attendo AB		690,203		1,424,827
	Balco Group AB		979		4,110
	BE Group AB		3,385		21,031
	Beijer Alma AB		304,748		4,260,838
	Beijer Electronics Group AB		93,898		778,220
	Bergman & Beving AB		207,826		1,707,771
	Bergs Timber AB, Class B		6,227		16,965
	Besqab AB		21,962		197,024
	Betsson AB, Class B		893,660		6,498,898
# *	Better Collective AS		79,678		1,035,835
*	BHG Group AB		351,076		588,330
	Bilia AB, Class A		588,495		6,233,477
	BioGaia AB, Class B		73,000		578,494
*	BioInvent International AB		39,595		141,305
	Biotage AB		377,166		6,190,580
	Bjorn Borg AB		13,009		32,629
	Bonava AB, Class B		801,220		2,343,526
#* W	Boozt AB		212,829		1,552,100
W	Bravida Holding AB		671,431		6,290,583
	Bufab AB		233,559		4,414,225
#	Bulten AB		115,761		651,854
	Bure Equity AB		324,485		6,261,924
	Byggmax Group AB		525,366		2,198,686
	Catella AB		89,746		322,396
	Catena AB		166,530		5,655,836
# *	Catena Media PLC		330,046		850,347
*	Cavotec SA		79,682		119,075
	Cellavision AB		38,088		714,219
	Cibus Nordic Real Estate AB		13,536		184,893
	Clas Ohlson AB, Class B		278,624		1,860,677
	Cloetta AB, Class B		1,961,165		3,584,894
*	Collector Bank AB		288,079		704,204
	Concentric AB		343,567		5,691,095
W	Coor Service Management Holding AB		406,687		2,160,720
	Corem Property Group AB, Class B		3,839,342		2,389,988
	Dedicare AB, Class B		4,184		44,074
	Dios Fastigheter AB		782,055		5,135,570
W	Dometic Group AB		27,906		159,775
*	Doro AB		127,096		184,314
*	Duni AB		217,519		1,463,803
# W	Dustin Group AB		511,987		2,130,291
	Eastnine AB		126,421		1,170,988
	Elanders AB, Class B		73,298		999,937
	Electrolux Professional AB, Class B		463,954		1,751,584
* W	Eltel AB		206,068		138,044
# *	Enea AB		104,284		744,008
#	Eolus Vind AB, Class B		37,209		442,833
	eWork Group AB		38,130		405,894
	Fagerhult AB		300,931		1,199,509
#	FastPartner AB, Class A		19,405		118,563
	FastPartner AB, Class D		35		200
#	Fenix Outdoor International AG		19,605		1,594,531
# *	Fingerprint Cards AB, Class B		414,711		196,158

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
#	G5 Entertainment AB		42,727	$	701,241
	GARO AB		23,361		235,535
	Granges AB		830,363		5,611,350
	Hanza AB		30,446		132,360
#	Heba Fastighets AB, Class B		269,814		770,578
	Hexatronic Group AB		352,315		4,767,930
	HMS Networks AB		129,149		3,322,807
* W	Hoist Finance AB		379,338		871,076
*	Humana AB		135,681		516,549
*	IAR Systems Group AB		1,213		14,194
*	Immunovia AB		8,077		25,550
#	Instalco AB		501,901		2,013,287
*	International Petroleum Corp.		409,767		4,060,430
	Inwido AB		455,135		4,088,487
	JM AB		431,178		6,492,204
# *	John Mattson Fastighetsforetagen AB		8,700		54,948
*	Karnov Group AB		83,905		447,323
# *	K-fast Holding AB		9,734		20,000
	Kindred Group PLC, SDR		271,612		2,356,188
	KNOW IT AB		177,051		3,523,824
#	Lagercrantz Group AB, Class B		1,069,709		9,163,188
	Lime Technologies AB		15,348		280,396
	Lindab International AB		627,739		6,677,353
	Loomis AB		388,741		10,884,173
*	Maha Energy AB		148,058		163,721
*	Medcap AB		6,064		114,828
	MEKO AB		299,806		2,833,121
*	Midsona AB, Class B		8,545		6,339
#	MIPS AB		61,750		1,997,126
	Modern Times Group MTG AB, Class B		604,885		4,534,744
*	Momentum Group AB		137,415		731,800
W	Munters Group AB		198,554		1,549,087
	Mycronic AB		436,033		6,843,129
#	NCAB Group AB		85,408		372,318
	NCC AB, Class B		428,640		3,571,620
	Nederman Holding AB		33,980		464,627
*	Net Insight AB, Class B		2,560,497		1,353,071
	New Wave Group AB, Class B		426,925		5,933,551
	Nilorngruppen AB, Class B		7,191		48,995
	Nobia AB		832,268		1,385,944
	Nolato AB, Class B		1,479,720		6,241,219
	Nordic Paper Holding AB		14,413		38,716
	Nordic Waterproofing Holding AB		83,900		1,085,160
*	Note AB		56,156		811,284
#	NP3 Fastigheter AB		178,739		2,840,196
	Nyfosa AB		1,209,815		7,229,996
	OEM International AB, Class B		296,140		1,477,365
#	Orron Energy AB		283,199		587,484
*	Ovzon AB		1,938		7,007
	Peab AB, Class B		40,736		211,364
	Platzer Fastigheter Holding AB, Class B		250,352		1,551,829
	Prevas AB, Class B		8,542		89,315
	Pricer AB, Class B		892,974		1,543,393
	Proact IT Group AB		191,163		1,548,031
	Profilgruppen AB, Class B		287		2,545
	Ratos AB, Class B		1,560,795		5,842,186
*	RaySearch Laboratories AB		160,684		835,305
	Rejlers AB		948		11,126
W	Resurs Holding AB		932,730		2,026,789

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWEDEN — (Continued)
#	Rottneros AB		672,020	$	780,164
*	Scandi Standard AB		397,762		1,825,845
* W	Scandic Hotels Group AB		978,372		3,102,641
*	Sdiptech AB, Class B		16,632		320,697
	Sectra AB, Class B		170,156		2,255,736
*	Sensys Gatso Group AB		3,512,360		362,877
	SkiStar AB		324,208		3,102,375
*	Solid Forsakring AB		86,686		412,825
# *	Stendorren Fastigheter AB		5,750		99,916
*	Stillfront Group AB		458,631		892,657
	Systemair AB		360,836		1,909,347
	Tethys Oil AB		125,374		773,853
	TF Bank AB		5,604		83,724
*	Tobii AB		14,796		24,487
	Troax Group AB		227,770		3,380,530
	VBG Group AB, Class B		28,343		331,103
	Vitec Software Group AB, Class B		45,648		1,674,967
	Volati AB		5,223		47,800
	XANO Industri AB, Class B		5,023		47,057
TOTAL SWEDEN					270,528,558
SWITZERLAND — (16.5%)
	Adecco Group AG		290,101		9,078,990
	Allreal Holding AG		125,251		17,941,765
	ALSO Holding AG		46,851		7,363,433
*	Aluflexpack AG		721		11,443
*	ams-OSRAM AG		1,474,621		8,346,870
	APG SGA SA		9,203		1,502,983
	Arbonia AG		345,431		4,198,510
*	Aryzta AG		6,500,102		6,663,249
#	Ascom Holding AG		200,120		1,230,522
#	Autoneum Holding AG		21,715		2,076,905
	Baloise Holding AG		98,975		13,522,175
	Banque Cantonale de Geneve		9,528		1,712,786
	Banque Cantonale du Jura SA		3,848		211,425
#	Banque Cantonale Vaudoise		119,980		10,677,685
*	Basilea Pharmaceutica AG		896		41,215
	Belimo Holding AG		65,574		26,708,771
	Bell Food Group AG		14,632		3,568,236
	Bellevue Group AG		57,974		2,011,247
	Berner Kantonalbank AG		31,172		6,865,951
	BKW AG		163,805		19,109,935
	Bossard Holding AG, Class A		46,504		9,232,864
	Bucher Industries AG		54,335		18,319,886
	Burckhardt Compression Holding AG		5,451		2,358,093
	Burkhalter Holding AG		29,873		2,327,204
	Bystronic AG		9,740		5,594,616
	Calida Holding AG		40,721		1,728,548
	Carlo Gavazzi Holding AG		3,115		818,051
	Cembra Money Bank AG		195,981		14,212,363
# *	Cicor Technologies Ltd.		15,422		649,650
	Cie Financiere Tradition SA		11,329		1,182,779
	Clariant AG		1,125,574		18,088,884
	Coltene Holding AG		27,288		2,183,016
	Comet Holding AG		19,878		3,164,532
#	COSMO Pharmaceuticals NV		9,195		536,982
	Daetwyler Holding AG		10,404		1,846,443
	DKSH Holding AG		235,948		17,021,421
	dormakaba Holding AG		24,531		7,786,524

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWITZERLAND — (Continued)
# *	Dufry AG		394,700	$	13,020,173
	EFG International AG		683,675		5,595,391
	Emmi AG		15,919		12,702,654
	Energiedienst Holding AG		83,637		3,425,213
# *	Evolva Holding SA		3,349,123		281,191
#	Feintool International Holding AG		46,525		933,909
*	Flughafen Zurich AG		147,702		22,913,924
	Forbo Holding AG		8,660		10,483,111
	Fundamenta Real Estate AG		3,191		49,854
W	Galenica AG		217,849		15,652,018
# *	GAM Holding AG		1,195,762		904,278
	Georg Fischer AG		630,511		34,920,705
#	Gurit Holding AG, Class BR		28,958		2,675,563
	Helvetia Holding AG		266,750		26,488,894
	Hiag Immobilien Holding AG		22,952		1,847,445
# *	HOCHDORF Holding AG		6,697		171,058
	Huber & Suhner AG		108,834		9,694,013
	Hypothekarbank Lenzburg AG		6		24,799
# *	Implenia AG		106,354		3,992,652
# *	Ina Invest Holding AG		29,730		582,245
	Inficon Holding AG		14,941		11,879,817
	Interroll Holding AG		5,083		10,708,261
	Intershop Holding AG		10,830		6,586,822
	Investis Holding SA		5,818		589,720
*	Jungfraubahn Holding AG		18,335		2,078,995
	Kardex Holding AG		49,726		7,604,173
	Komax Holding AG		22,553		5,293,111
#	Kudelski SA		217,692		593,540
#	Landis & Gyr Group AG		94,470		5,444,017
	LEM Holding SA		3,961		6,594,867
	Liechtensteinische Landesbank AG		64,467		3,520,140
	Luzerner Kantonalbank AG		20,239		8,344,316
W	Medacta Group SA		7,980		717,552
W	Medmix AG		143,103		2,519,214
#	Meier Tobler Group AG		45,826		1,447,452
	Metall Zug AG, Class B		1,139		2,111,151
	Mikron Holding AG		8,692		76,196
	Mobilezone Holding AG		305,439		4,844,156
	Mobimo Holding AG		63,088		14,715,792
	Novavest Real Estate AG		1,614		65,515
	OC Oerlikon Corp. AG		1,694,495		10,944,954
# *	Orascom Development Holding AG		93,520		700,611
#	Orell Fuessli AG		5,028		411,260
	Orior AG		38,352		2,673,532
	Phoenix Mecano AG		4,517		1,478,243
#	Plazza AG, Class A		6,993		2,172,449
	PSP Swiss Property AG		340,600		36,386,222
	Rieter Holding AG		23,266		1,939,266
	Romande Energie Holding SA		2,670		2,986,258
	Schaffner Holding AG		3,129		840,770
	Schweiter Technologies AG		7,284		4,879,749
	Schweizerische Nationalbank		23		97,524
* W	Sensirion Holding AG		32,043		2,915,344
	SFS Group AG		127,036		11,487,665
	Siegfried Holding AG		32,909		19,590,005
	SIG Group AG		80,424		1,545,996
	Softwareone Holding AG		221,469		2,492,461
	St Galler Kantonalbank AG		17,617		8,293,666
#	Stadler Rail AG		7,173		211,070

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
SWITZERLAND — (Continued)
	Sulzer AG		141,392	$	9,430,093
	Swiss Prime Site AG		182,651		14,738,643
*	Swiss Steel Holding AG		3,362,368		757,047
	Swissquote Group Holding SA		83,234		9,859,161
	Temenos AG		121,898		7,260,094
	Thurgauer Kantonalbank		3,152		369,918
#	Tornos Holding AG		26,632		149,478
	TX Group AG		20,220		2,809,547
	u-blox Holding AG		55,196		5,651,199
	Valiant Holding AG		111,863		10,956,697
W	VAT Group AG		114,674		26,180,212
	Vaudoise Assurances Holding SA		6,800		2,717,990
	Vetropack Holding AG		67,815		2,168,340
# *	Von Roll Holding AG		378,198		302,420
	Vontobel Holding AG		227,580		12,806,081
	VP Bank AG, Class A		24,056		2,087,430
	VZ Holding AG		91,061		6,279,952
*	V-ZUG Holding AG		10,820		780,856
	Walliser Kantonalbank		19,368		2,079,571
	Warteck Invest AG		56		123,069
	Ypsomed Holding AG		5,162		830,226
	Zehnder Group AG		86,886		4,679,113
	Zug Estates Holding AG, Class B		1,186		1,977,829
	Zuger Kantonalbank AG		704		5,186,165
# *	Zur Rose Group AG		4,404		118,977
TOTAL SWITZERLAND					754,337,002
UNITED STATES — (0.3%)
#	ADTRAN Holdings, Inc.		325,096		7,361,404
	Noble Corp. PLC		154,390		5,487,656
TOTAL UNITED STATES					12,849,060
TOTAL COMMON STOCKS					4,279,782,528
PREFERRED STOCKS — (0.7%)
GERMANY — (0.7%)
	Draegerwerk AG & Co. KGaA		65,509		2,635,900
	Fuchs Petrolub SE		417,973		11,970,344
	Jungheinrich AG		355,303		8,829,655
	Sixt SE		119,957		6,986,943
	STO SE & Co. KGaA		16,969		2,185,756
	Villeroy & Boch AGSeries A		41,086		686,153
TOTAL GERMANY					33,294,751
RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
* ††	CA Immobilien Anlagen AG Rights 07/26/22		497,492		0
*	S Immo AG 8/11/23		346,922		0
ITALY — (0.0%)
# *	Webuild SpA Warrants 08/02/30		116,038		0
TOTAL RIGHTS/WARRANTS					0
TOTAL INVESTMENT SECURITIES (Cost $4,398,989,975)					4,313,077,279

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

		Shares		Value†
SECURITIES LENDING COLLATERAL — (5.6%)
@ §	The DFA Short Term Investment Fund.		22,188,427	$	256,520,399
TOTAL INVESTMENTS — (100.0%) (Cost $4,655,611,905)				$	4,569,597,678

ADR American Depositary Receipt

BAM Build America Mutual

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

# 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.

* Non-Income Producing Securities.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of October 31, 2022, 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	$	376,173	$	141,188,397		—		$	141,564,570
Belgium		792,151		199,421,943		—			200,214,094
Denmark		—		284,839,811		—			284,839,811
Finland		—		241,247,565		—			241,247,565
France		127,704		474,099,006	$	34,930			474,261,640
Germany		—		611,161,049		—			611,161,049
Ireland		—		67,660,431		—			67,660,431
Israel		585,758		162,154,391		—			162,740,149
Italy		—		383,891,506		—			383,891,506
Netherlands		—		256,339,951		—			256,339,951
Norway		239,412		111,199,514		—			111,438,926
Portugal		—		43,915,237		—			43,915,237
Spain		—		262,792,979		—			262,792,979
Sweden		704,204		269,824,354		—			270,528,558
Switzerland		—		754,337,002		—			754,337,002
United States		5,487,656		7,361,404		—			12,849,060
Preferred Stocks
Germany		—		33,294,751		—			33,294,751
Securities Lending Collateral		—		256,520,399		—			256,520,399
TOTAL	$	8,313,058	$	4,561,249,690	$	34,930	^	$	4,569,597,678

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

See accompanying Notes to Financial Statements.

THE CANADIAN SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (85.9%)
COMMUNICATION SERVICES — (1.1%)
*	AcuityAds Holdings, Inc.		9,419	$	14,865
# *	Aimia, Inc.		732,996		1,990,740
*	Cineplex, Inc.		28,690		195,008
#	Cogeco Communications, Inc.		84,282		4,298,391
	Cogeco, Inc.		36,634		1,560,175
#	Corus Entertainment, Inc., Class B		1,137,421		1,795,027
*	Enthusiast Gaming Holdings, Inc.		18,353		12,124
*	Enthusiast Gaming Holdings, Inc., Class I		9,000		6,013
	TELUS Corp.		173,836		3,630,231
*	TeraGo, Inc.		2,400		5,056
# *	WildBrain Ltd.		612,863		931,205
#	Yellow Pages Ltd.		84,100		834,611
TOTAL COMMUNICATION SERVICES					15,273,446
CONSUMER DISCRETIONARY — (4.7%)
# *	Aritzia, Inc.		461,040		17,881,861
*	AutoCanada, Inc.		126,941		1,980,964
#	BMTC Group, Inc.		20,581		186,571
# *	Bragg Gaming Group, Inc.		4,700		17,905
# *	Canada Goose Holdings, Inc.		266,505		4,360,058
#	Dorel Industries, Inc., Class B		149,777		589,829
#	Exco Technologies Ltd.		164,124		834,866
	Gamehost, Inc.		89,999		520,235
	Leon’s Furniture Ltd.		167,479		2,096,023
	Linamar Corp.		255,634		10,941,402
#	Martinrea International, Inc.		483,433		3,097,860
#	MTY Food Group, Inc.		103,015		4,175,518
	Park Lawn Corp.		183,743		2,852,545
	Pizza Pizza Royalty Corp.		162,278		1,508,012
#	Pollard Banknote Ltd.		49,129		602,595
*	Recipe Unlimited Corp.		23,985		364,788
# W	Sleep Country Canada Holdings, Inc.		208,190		3,426,153
W	Spin Master Corp.		155,322		4,799,836
*	Uni-Select, Inc.		242,884		6,587,561
TOTAL CONSUMER DISCRETIONARY					66,824,582
CONSUMER STAPLES — (4.2%)
#	Andrew Peller Ltd., Class A		168,200		616,081
*	CareRx Corp.		2,700		5,846
	Corby Spirit & Wine Ltd.		85,367		1,058,981
	High Liner Foods, Inc.		106,744		1,027,989
W	Jamieson Wellness, Inc.		254,326		6,222,106
#	KP Tissue, Inc.		47,200		351,311
	Lassonde Industries, Inc., Class A		18,000		1,553,654
#	Maple Leaf Foods, Inc.		445,946		6,608,911
	Neighbourly Pharmacy, Inc.		1,426		24,294
#	North West Co., Inc.		291,156		7,576,232
#	Premium Brands Holdings Corp.		227,466		13,419,050
	Primo Water Corp.		893,347		13,024,135
#	Rogers Sugar, Inc.		693,819		3,050,593
# *	SunOpta, Inc.		403,480		4,536,117
TOTAL CONSUMER STAPLES					59,075,300

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (24.7%)
*	Advantage Energy Ltd.		1,194,867	$	9,033,751
	Africa Oil Corp.		1,333,299		3,268,777
*	AKITA Drilling Ltd., Class A		400		543
*	Athabasca Oil Corp.		2,177,410		4,395,256
*	Baytex Energy Corp.		2,341,875		12,720,575
#	Birchcliff Energy Ltd.		1,610,417		12,518,307
*	Bonterra Energy Corp.		62,003		405,510
*	Calfrac Well Services Ltd.		3,700		20,315
#	Canacol Energy Ltd.		933,510		1,377,294
#	Cardinal Energy Ltd.		665,476		4,513,521
	CES Energy Solutions Corp.		1,361,989		2,869,240
	Computer Modelling Group Ltd.		452,045		1,791,789
#	Crescent Point Energy Corp.		3,289,792		25,721,914
*	Crew Energy, Inc.		556,020		2,456,961
# *	Denison Mines Corp.		3,853,823		4,865,545
#	Enerflex Ltd.		616,865		3,187,675
# *	Energy Fuels, Inc.		175,574		1,269,425
#	Enerplus Corp.		1,323,108		22,938,849
*	Ensign Energy Services, Inc.		741,132		1,898,595
# *	Fission Uranium Corp.		1,962,000		1,022,513
#	Freehold Royalties Ltd.		652,441		8,117,499
*	Frontera Energy Corp.		280,837		2,350,014
	Gear Energy Ltd.		201,778		202,911
#	Gibson Energy, Inc.		899,205		15,345,922
*	Gran Tierra Energy, Inc.		2,209,295		3,048,757
*	Greenlane Renewables, Inc.		17,100		6,653
# *	Headwater Exploration, Inc.		648,910		3,439,006
*	InPlay Oil Corp.		29,169		72,369
*	Journey Energy, Inc.		22,652		100,594
*	Kelt Exploration Ltd.		959,669		4,149,044
#	Keyera Corp.		179,269		3,842,372
*	Kolibri Global Energy, Inc.		5,600		12,208
* ††	Lightstream Resources Ltd.		687,816		0
# *	MEG Energy Corp.		2,167,763		32,412,620
	North American Construction Group Ltd.		152,233		1,899,480
*	NuVista Energy Ltd.		1,111,528		11,022,676
*	Obsidian Energy Ltd.		48,098		439,616
#	Paramount Resources Ltd., Class A		405,621		8,592,673
	Parex Resources, Inc.		774,607		11,815,124
	Parkland Corp.		836,660		16,913,140
	Pason Systems, Inc.		434,525		4,615,243
*	Petrus Resources Ltd.		4,900		10,502
#	Peyto Exploration & Development Corp.		965,837		9,017,834
	PHX Energy Services Corp.		106,006		651,279
*	Pieridae Energy Ltd.		21,800		20,642
	Pine Cliff Energy Ltd.		87,000		107,924
*	Pipestone Energy Corp.		63,055		190,227
#	PrairieSky Royalty Ltd.		1,182,767		18,370,720
*	Precision Drilling Corp.		79,933		5,898,631
# *	Questerre Energy Corp., Class A		797,460		134,632
	Secure Energy Services, Inc.		1,849,956		9,709,094
*	ShawCor Ltd.		386,078		2,816,909
* W	STEP Energy Services Ltd.		21,460		99,396
#	Surge Energy, Inc.		40,642		305,182
	Tamarack Valley Energy Ltd.		1,603,208		6,178,179
	TerraVest Industries, Inc.		5,000		86,982
	Tidewater Midstream & Infrastructure Ltd.		1,358,267		1,146,553
	Total Energy Services, Inc.		256,662		1,477,030
# *	Touchstone Exploration, Inc.		28,397		24,179

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
ENERGY — (Continued)
*	Trican Well Service Ltd.		1,267,327	$	3,367,508
#	VAALCO Energy, Inc.		63,978		329,485
#	Vermilion Energy, Inc.		949,975		22,161,601
#	Whitecap Resources, Inc.		2,696,209		20,899,159
# *	Yangarra Resources Ltd.		323,471		707,559
TOTAL ENERGY					348,385,483
FINANCIALS — (8.0%)
	AGF Management Ltd., Class B		351,328		1,627,247
#	Alaris Equity Partners Income		153,883		1,784,675
#	Canaccord Genuity Group, Inc.		480,207		2,460,341
#	Canadian Western Bank		498,863		8,678,426
#	Chesswood Group Ltd.		56,542		459,856
#	CI Financial Corp.		1,010,158		10,113,814
	Clairvest Group, Inc.		1,900		99,194
	ECN Capital Corp.		2,283,938		6,890,289
	E-L Financial Corp. Ltd.		7,278		4,701,171
	Element Fleet Management Corp.		2,180,348		29,047,834
#	EQB, Inc.		135,984		4,819,105
#	Fiera Capital Corp.		356,949		2,271,625
	Firm Capital Mortgage Investment Corp.		186,421		1,595,529
#	First National Financial Corp.		82,019		2,058,979
#	goeasy Ltd.		61,859		5,018,736
# *	GoldMoney, Inc.		125,000		155,063
	Guardian Capital Group Ltd., Class A		93,214		1,778,958
#	Home Capital Group, Inc.		284,804		5,506,469
	Kingsway Financial Services, Inc.		13,070		89,531
#	Laurentian Bank of Canada		370,975		8,278,078
	Onex Corp.		33,086		1,665,289
*	RF Capital Group, Inc.		17,024		179,941
#	Sprott, Inc.		133,740		4,794,041
#	Timbercreek Financial Corp.		518,190		2,925,005
*	Trisura Group Ltd.		199,610		5,806,543
	VersaBank		3,400		23,185
TOTAL FINANCIALS					112,828,924
HEALTH CARE — (1.3%)
#	Andlauer Healthcare Group, Inc.		54,458		2,087,420
# *	Aptose Biosciences, Inc.		75,121		34,615
# *	Aurora Cannabis, Inc.		763,275		1,093,124
# *	Bausch Health Cos., Inc.		96,300		625,950
# *	Canopy Growth Corp.		313,200		1,169,573
# *	Charlottes Web Holdings, Inc.		49,894		39,187
# *	Cronos Group, Inc.		386,929		1,280,735
*	dentalcorp Holdings Ltd.		10,873		60,576
*	Dialogue Health Technologies, Inc.		100		187
#	Extendicare, Inc.		474,539		2,441,750
# *	HEXO Corp.		77,100		14,803
#	HLS Therapeutics, Inc.		20,104		140,928
*	Knight Therapeutics, Inc.		778,243		3,170,440
	Medical Facilities Corp.		164,317		1,319,505
*	Oncolytics Biotech, Inc.		33,485		42,191
# *	Organigram Holdings, Inc.		1,127,585		1,150,322
#	Sienna Senior Living, Inc.		398,686		3,438,588
*	Viemed Healthcare, Inc.		85,210		557,851
*	Well Health Technologies Corp.		25,803		55,305
	Zenith Capital Corp.		111,820		14,889
TOTAL HEALTH CARE					18,737,939

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
INDUSTRIALS — (9.4%)
#	Aecon Group, Inc.		350,074	$	2,482,266
#	AG Growth International, Inc.		124,923		3,200,215
#	Algoma Central Corp.		48,800		602,858
*	ATS Automation Tooling Systems, Inc.		416,536		13,177,745
#	Badger Infrastructure Solutions Ltd.		178,983		3,781,063
# *	Ballard Power Systems, Inc.		698,602		3,961,073
#	Bird Construction, Inc.		278,076		1,253,266
	Black Diamond Group Ltd.		237,417		758,075
# *	Bombardier, Inc., Class A		13,989		415,455
# *	Bombardier, Inc., Class B		435,248		12,782,522
#	Boyd Group Services, Inc.		87,102		12,394,461
#	Calian Group Ltd.		55,592		2,344,710
	Dexterra Group, Inc.		168,743		658,944
*	DIRTT Environmental Solutions		225,557		92,716
#	Doman Building Materials Group Ltd.		344,034		1,396,490
#	Exchange Income Corp.		96,953		3,238,053
	Finning International, Inc.		809,489		17,213,562
*	GDI Integrated Facility Services, Inc.		54,239		1,864,036
*	Heroux-Devtek, Inc.		243,053		2,244,362
	K-Bro Linen, Inc.		62,086		1,362,624
	Magellan Aerospace Corp.		114,378		591,893
*	MDA Ltd.		25,771		126,552
#	Mullen Group Ltd.		475,225		4,775,447
#	NFI Group, Inc.		340,794		2,201,334
*	Patriot One Technologies, Inc.		120,000		51,088
	Richelieu Hardware Ltd.		316,493		8,495,724
#	Russel Metals, Inc.		345,023		7,146,878
#	Savaria Corp.		230,245		2,197,075
#	SNC-Lavalin Group, Inc.		888,433		15,383,811
#	Stantec, Inc.		19,723		964,973
	Wajax Corp.		104,085		1,408,836
# *	Westport Fuel Systems, Inc.		73,881		66,451
#	Westshore Terminals Investment Corp.		262,257		4,691,308
TOTAL INDUSTRIALS					133,325,866
INFORMATION TECHNOLOGY — (2.8%)
# *	BlackBerry Ltd.		1,483,773		6,914,382
*	Celestica, Inc.		620,813		6,812,109
*	Converge Technology Solutions Corp.		77,539		317,589
#	Dye & Durham Ltd.		16,633		183,990
	Enghouse Systems Ltd.		249,746		5,552,763
	Evertz Technologies Ltd.		148,543		1,288,786
*	Kinaxis, Inc.		48,398		5,165,745
# *	Lightspeed Commerce, Inc.		311,038		5,959,488
	Quarterhill, Inc.		624,896		766,012
*	Sangoma Technologies Corp.		4,200		23,708
*	Sierra Wireless, Inc.		202,824		6,025,094
	Softchoice Corp.		13,390		171,706
	TECSYS, Inc.		14,563		319,406
	Vecima Networks, Inc.		6,059		76,763
TOTAL INFORMATION TECHNOLOGY					39,577,541
MATERIALS — (20.5%)
# *	5N Plus, Inc.		420,567		728,548
#	Acadian Timber Corp.		65,067		720,234
#	AirBoss of America Corp.		94,697		497,692
	Alamos Gold, Inc.,Class A		2,215,177		17,479,445
#	Altius Minerals Corp.		274,538		4,296,363

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
# *	Americas Gold & Silver Corp.		86,596	$	39,410
	Amerigo Resources Ltd.		227,887		170,620
*	Argonaut Gold, Inc.		1,730,006		507,948
*	Ascot Resources Ltd.		71,438		22,548
*	Aya Gold & Silver, Inc.		16,800		97,420
	B2Gold Corp.		4,730,075		14,512,715
*	Calibre Mining Corp.		231,489		117,244
# *	Canfor Corp.		347,829		5,226,307
# *	Canfor Pulp Products, Inc.		144,351		527,668
# *	Capstone Mining Corp.		2,311,783		5,362,230
#	Cascades, Inc.		518,809		3,366,441
#	Centerra Gold, Inc.		1,153,585		5,359,999
	China Gold International Resources Corp. Ltd.		1,379,942		3,190,676
# *	Copper Mountain Mining Corp.		984,419		1,322,338
	Dundee Precious Metals, Inc.		1,031,781		4,680,447
# *	Eldorado Gold Corp.		968,248		5,409,716
*	Endeavour Silver Corp.		506,479		1,724,147
# *	Equinox Gold Corp.		1,286,872		4,257,644
# *	ERO Copper Corp.		299,122		3,405,426
#	First Majestic Silver Corp.		1,202,622		10,126,146
# *	First Mining Gold Corp.		749,400		112,766
# *	Fortuna Silver Mines, Inc.		1,503,545		4,181,677
# *	Freegold Ventures Ltd.		9,000		3,435
# *	Galiano Gold, Inc.		696,057		342,319
*	GoGold Resources, Inc.		180,275		199,813
* ††	Hanfeng Evergreen, Inc.		45,837		0
#	Hudbay Minerals, Inc.		1,208,976		4,588,738
# *	IAMGOLD Corp.		2,853,315		4,184,282
# *	Imperial Metals Corp.		381,250		680,029
# *	Interfor Corp.		350,741		6,230,361
*	K92 Mining, Inc.		67,111		304,927
*	Karora Resources, Inc.		555,631		1,162,365
	Kinross Gold Corp.		1,399,636		5,079,022
#	Labrador Iron Ore Royalty Corp.		315,769		6,545,540
# *	Largo, Inc.		70,585		445,247
# *	Lucara Diamond Corp.		1,635,773		648,378
#	Lundin Gold, Inc.		202,997		1,466,209
	Lundin Mining Corp.		1,333,672		6,989,700
# *	MAG Silver Corp.		192,125		2,553,341
*	Major Drilling Group International, Inc.		668,976		4,026,574
*	Mandalay Resources Corp.		464		582
*	Marathon Gold Corp.		147,500		90,946
#	Maverix Metals, Inc.		96,425		307,265
#	Methanex Corp.		340,999		11,900,224
	Neo Performance Materials, Inc.		16,755		130,857
*	New Gold, Inc.		3,469,405		3,132,358
# *	New Pacific Metals Corp.		1,200		2,880
	Newcrest Mining Ltd.		175,355		1,932,958
# *	Northern Dynasty Minerals Ltd.		76,877		18,622
*	OceanaGold Corp.		3,792,013		5,511,202
* ††	Orbite Technologies, Inc.		73,500		0
*	Orla Mining Ltd.		76,865		242,470
#	Osisko Gold Royalties Ltd.		867,687		9,308,707
# *	Osisko Mining, Inc.		1,251,029		2,607,936
#	Pan American Silver Corp.		838,003		13,390,836
*	PolyMet Mining Corp.		64,208		191,349
*	Sabina Gold & Silver Corp.		1,438,714		1,172,219
#	Sandstorm Gold Ltd.		1,145,735		5,649,032
# *	Seabridge Gold, Inc.		333,519		3,566,188

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value»
MATERIALS — (Continued)
# *	SilverCrest Metals, Inc.		167,445	$	840,020
#	SSR Mining, Inc.		1,110,622		15,301,425
#	Stelco Holdings, Inc.		264,376		6,658,157
#	Stella-Jones, Inc.		312,231		9,403,485
# *	Taseko Mines Ltd.		1,642,585		1,832,664
*	Torex Gold Resources, Inc.		465,118		3,168,272
#	Transcontinental, Inc., Class A		415,053		4,737,457
*	Trevali Mining Corp.		255,929		38,511
	Triple Flag Precious Metals Corp.		1,600		17,922
# *	Turquoise Hill Resources Ltd.		496,946		13,981,440
*	Victoria Gold Corp.		23,206		117,022
# *	Wallbridge Mining Co. Ltd.		350,615		43,751
# *	Wesdome Gold Mines Ltd.		740,091		4,438,319
*	Western Copper & Gold Corp.		27,900		36,248
	Western Forest Products, Inc.		1,786,410		1,612,863
#	Winpak Ltd.		175,225		5,340,288
#	Yamana Gold, Inc.		4,464,192		19,589,876
TOTAL MATERIALS					289,208,446
REAL ESTATE — (2.3%)
#	Altus Group Ltd.		244,093		8,673,647
	Bridgemarq Real Estate Services		53,069		532,501
	Colliers International Group, Inc.		3,592		337,433
	DREAM Unlimited Corp., Class A		232,598		4,242,713
	Information Services Corp.		32,705		561,268
# *	Invesque, Inc.		191,266		214,218
*	Mainstreet Equity Corp.		31,349		2,589,885
	Melcor Developments Ltd.		55,340		434,238
	Morguard Corp.		22,684		1,864,705
# *	Real Matters, Inc.		363,920		1,234,125
#	Tricon Residential, Inc.		1,307,133		11,015,059
TOTAL REAL ESTATE					31,699,792
UTILITIES — (6.9%)
*	Altius Renewable Royalties Corp.		4,704		29,971
	Atco Ltd., Class I		397,742		12,349,607
	Boralex, Inc., Class A		499,461		14,162,424
#	Brookfield Infrastructure Corp., Class A		205,538		8,868,171
	Capital Power Corp.		724,520		24,250,825
#	Innergex Renewable Energy, Inc.		748,951		8,246,239
*	Maxim Power Corp.		61,434		154,673
	Polaris Renewable Energy, Inc.		107,795		1,313,463
#	Superior Plus Corp.		885,902		6,736,848
	TransAlta Corp.		8,389		73,991
	TransAlta Corp.		1,758,255		15,487,254
#	TransAlta Renewables, Inc.		588,980		6,324,937
TOTAL UTILITIES					97,998,403
TOTAL COMMON STOCKS					1,212,935,722
RIGHTS/WARRANTS — (0.0%)
MATERIALS — (0.0%)
*	Treasury Metals, Inc. Warrants 08/07/23		1		0
TOTAL INVESTMENT SECURITIES (Cost $1,129,103,652)					1,212,935,722

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

		Shares		Value†
SECURITIES LENDING COLLATERAL — (14.1%)
@ §	The DFA Short Term Investment Fund		17,275,482	$	199,721,843
TOTAL INVESTMENTS — (100.0%) (Cost $1,328,909,530)				$	1,412,657,565

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

W Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†† Security valued using significant unobservable inputs (Level 3).

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

Summary of the Series’ investments as of October 31, 2022, 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	$	11,643,215	$	3,630,231		—	$	15,273,446
Consumer Discretionary		66,824,582		—		—		66,824,582
Consumer Staples		59,075,300		—		—		59,075,300
Energy		348,385,483		—		—		348,385,483
Financials		112,828,924		—		—		112,828,924
Health Care		18,723,050		14,889		—		18,737,939
Industrials		133,325,866		—		—		133,325,866
Information Technology		39,577,541		—		—		39,577,541
Materials		289,169,935		38,511		—		289,208,446
Real Estate		31,699,792		—		—		31,699,792
Utilities		97,998,403		—		—		97,998,403
Securities Lending Collateral		—		199,721,843		—		199,721,843
TOTAL	$	1,209,252,091	$	203,405,474		—	$	1,412,657,565

See accompanying Notes to Financial Statements.

THE EMERGING MARKETS SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (96.1%)
BRAZIL — (4.5%)
	Ambev SA, ADR		1,642,569	$	4,993,410
	Americanas SA		90,148		271,203
	Atacadao SA		384,789		1,449,617
	B3 SA - Brasil Bolsa Balcao		2,392,171		6,965,105
	Banco Bradesco SA		755,221		2,432,848
	Banco BTG Pactual SA		518,104		2,902,706
	Banco do Brasil SA		396,250		2,839,836
	Banco Santander Brasil SA		214,624		1,237,344
	BB Seguridade Participacoes SA		353,143		2,029,778
	Braskem SA, Sponsored ADR, Class A		57,171		739,221
*	BRF SA		873,661		2,124,321
	Caixa Seguridade Participacoes S/A		242,195		413,544
	CCR SA		1,407,986		3,532,572
	Centrais Eletricas Brasileiras SA		244,933		2,362,320
	Cia de Saneamento Basico do Estado de Sao Paulo		163,344		1,900,489
#	Cia de Saneamento Basico do Estado de Sao Paulo, ADR		40,965		473,555
	Cia Energetica de Minas Gerais		215,832		722,435
	Cia Paranaense de Energia		114,600		155,521
#	Cia Paranaense de Energia, Sponsored ADR		17,400		123,018
	Cia Paranaense de Energia		39,800		283,466
#	Cia Siderurgica Nacional SA, Sponsored ADR		545,056		1,313,585
	Cia Siderurgica Nacional SA		517,465		1,230,175
	Cosan SA		477,300		1,557,889
	CPFL Energia SA		123,300		845,472
	Energisa SA		228,135		2,141,567
*	Eneva SA		273,981		752,115
	Engie Brasil Energia SA		116,476		906,914
	Equatorial Energia SA		966,386		5,618,153
	Gerdau SA, Sponsored ADR		905,703		4,510,401
	Getnet Adquirencia e Servicos para Meios de Pagamento SA		53,656		49,859
W	Hapvida Participacoes e Investimentos SA		2,559,330		3,864,636
	Hypera SA		368,936		3,629,008
	Itau Unibanco Holding SA		217,203		1,068,880
	JBS SA		926,800		4,478,352
	Klabin SA		1,174,814		4,917,138
	Localiza Rent a Car SA		229,414		3,132,875
	Localiza Rent a Car SA		703		9,600
	Lojas Renner SA		659,267		3,943,733
*	Magazine Luiza SA		1,501,902		1,299,681
	Natura & Co. Holding SA		928,510		2,687,295
	Neoenergia SA		95,100		305,432
*	Petro Rio SA		567,905		3,890,845
	Petroleo Brasileiro SA, Sponsored ADR		511,889		5,891,842
	Petroleo Brasileiro SA, Sponsored ADR		227,883		2,921,460
	Petroleo Brasileiro SA		2,733,556		17,601,021
	Porto Seguro SA		149,774		673,845
	Raia Drogasil SA		443,885		2,260,888
W	Rede D’Or Sao Luiz SA		63,700		396,715
	Rumo SA		661,006		2,833,157
	Sendas Distribuidora SA		848,688		3,256,412
	Suzano SA		519,807		5,353,544
#	Suzano SA, Sponsored ADR		10,979		112,973
	Telefonica Brasil SA		248,062		1,983,824
	TIM SA		1,144,280		2,924,111
	TOTVS SA		323,491		2,076,655
	Ultrapar Participacoes SA		204,563		531,060
#	Vale SA, Sponsored ADR		332,416		4,301,470

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
	Vale SA		2,364,713	$	30,731,421
	Vibra Energia SA		979,605		3,460,999
	WEG SA		591,966		4,616,086
TOTAL BRAZIL					182,033,397
CHILE — (0.5%)
	Banco de Chile, ADR		105,420		1,896,511
	Banco de Credito e Inversiones SA		44,204		1,231,647
#	Banco Santander Chile, ADR		78,503		1,132,798
	Banco Santander Chile		557,071		19,973
	CAP SA		63,313		338,452
	Cencosud SA		2,002,798		2,692,444
	Cencosud Shopping SA		333,351		364,292
	Cia Cervecerias Unidas SA		25,688		140,998
	Cia Cervecerias Unidas SA, Sponsored ADR		22,534		243,593
	Cia Sud Americana de Vapores SA		15,213,678		1,056,590
	Embotelladora Andina SA, ADR, Class B		15,787		162,606
	Empresa Nacional de Telecomunicaciones SA		23,075		71,973
	Empresas CMPC SA		935,741		1,485,003
	Empresas COPEC SA		227,255		1,566,746
	Enel Americas SA		643,354		63,747
	Enel Chile SA		887,163		31,223
	Falabella SA		330,135		644,786
	Itau CorpBanca Chile SA		31,276,064		60,961
	Plaza SA		176,521		152,895
#	Sociedad Quimica y Minera de Chile SA, Sponsored ADR		89,320		8,367,498
TOTAL CHILE					21,724,736
CHINA — (23.4%)
	360 Security Technology, Inc., Class A		409,600		397,930
	37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		189,863		377,847
	ADAMA Ltd., Class A		58,600		68,543
	Addsino Co. Ltd., Class A		92,500		132,925
	AECC Aero-Engine Control Co. Ltd., Class A		68,057		280,360
	AECC Aviation Power Co. Ltd., Class A		79,700		532,985
	Agile Group Holdings Ltd.		1,094,000		208,080
	Agricultural Bank of China Ltd., Class H		14,534,000		4,148,487
	Aier Eye Hospital Group Co. Ltd., Class A		293,917		997,426
*	Air China Ltd., Class H		1,158,000		805,894
*	Alibaba Group Holding Ltd., Sponsored ADR		835,875		53,144,932
*	Alibaba Group Holding Ltd.		714,100		5,552,061
*	Alibaba Health Information Technology Ltd.		2,566,000		1,085,942
	All Winner Technology Co. Ltd., Class A		18,600		49,853
	Aluminum Corp. of China Ltd., Class H		7,864,000		2,241,882
*	Amlogic Shanghai Co. Ltd., Class A		30,504		239,856
	Angel Yeast Co. Ltd., Class A		49,300		245,172
	Anhui Conch Cement Co. Ltd., Class H		1,881,000		4,841,566
	Anhui Guangxin Agrochemical Co. Ltd., Class A		61,420		249,702
	Anhui Gujing Distillery Co. Ltd., Class A		11,716		317,242
	Anhui Honglu Steel Construction Group Co. Ltd., Class A		68,664		321,216
	Anhui Jinhe Industrial Co. Ltd., Class A		65,100		293,400
	Anhui Kouzi Distillery Co. Ltd., Class A		71,000		394,381
	Anhui Yingjia Distillery Co. Ltd., Class A		38,000		245,682
	Anhui Zhongding Sealing Parts Co. Ltd., Class A		106,800		214,741
	Anji Microelectronics Technology Shanghai Co. Ltd., Class A		2,493		76,192
	Anjoy Foods Group Co. Ltd., Class A		14,400		265,521
	Anker Innovations Technology Co. Ltd., Class A		19,400		143,966
	ANTA Sports Products Ltd.		612,400		5,383,986

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Apeloa Pharmaceutical Co. Ltd., Class A		136,420	$	389,076
*	Asia - Potash International Investment Guangzhou Co. Ltd., Class A		47,574		166,018
	Asymchem Laboratories Tianjin Co. Ltd., Class A		17,770		346,889
	Avary Holding Shenzhen Co. Ltd., Class A		140,276		573,198
	AVIC Industry-Finance Holdings Co. Ltd., Class A		327,700		136,243
	AVICOPTER PLC, Class A		22,704		136,849
	Bafang Electric Suzhou Co. Ltd., Class A		7,500		119,794
*	Baidu, Inc., Sponsored ADR		25,812		1,976,425
*	Baidu, Inc., Class A		1,268,100		12,157,268
	Bank of Beijing Co. Ltd., Class A		697,408		386,268
	Bank of Changsha Co. Ltd., Class A		629,584		556,129
	Bank of Chengdu Co. Ltd., Class A		190,950		356,688
	Bank of China Ltd., Class H		43,912,181		14,143,111
	Bank of Communications Co. Ltd., Class H		5,656,515		2,759,920
	Bank of Guiyang Co. Ltd., Class A		572,423		408,876
	Bank of Hangzhou Co. Ltd., Class A		242,404		402,184
	Bank of Jiangsu Co. Ltd., Class A		742,270		704,478
	Bank of Nanjing Co. Ltd., Class A		454,780		643,900
	Bank of Ningbo Co. Ltd., Class A		317,342		1,035,747
	Bank of Shanghai Co. Ltd., Class A		458,383		350,741
	Bank of Suzhou Co. Ltd., Class A		415,260		391,139
	Baoshan Iron & Steel Co. Ltd., Class A		1,014,500		669,898
*	BeiGene Ltd.		255,700		3,297,117
	Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A		24,020		171,215
	Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A		818,160		309,700
*	Beijing Compass Technology Development Co. Ltd., Class A		27,300		166,173
*	Beijing Dabeinong Technology Group Co. Ltd., Class A		202,052		254,080
	Beijing Dahao Technology Corp. Ltd., Class A		26,100		57,988
	Beijing Easpring Material Technology Co. Ltd., Class A		24,700		200,684
	Beijing Enlight Media Co. Ltd., Class A		258,706		238,939
	Beijing GeoEnviron Engineering & Technology, Inc., Class A		88,140		113,028
	Beijing Huafeng Test & Control Technology Co. Ltd., Class A		6,116		222,195
	Beijing Jingyuntong Technology Co. Ltd., Class A		100,200		99,016
	Beijing Kingsoft Office Software, Inc., Class A		7,538		301,106
	Beijing New Building Materials PLC, Class A		130,703		355,842
	Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A		132,362		445,473
	Beijing Originwater Technology Co. Ltd., Class A		461,047		297,662
	Beijing Roborock Technology Co. Ltd., Class A		6,593		213,111
	Beijing Shiji Information Technology Co. Ltd., Class A		93,560		162,436
	Beijing Shougang Co. Ltd., Class A		257,300		120,482
	Beijing Shunxin Agriculture Co. Ltd., Class A		48,400		136,022
	Beijing Sinnet Technology Co. Ltd., Class A		116,888		138,881
	Beijing Tiantan Biological Products Corp. Ltd., Class A		77,216		219,596
	Beijing Tongrentang Co. Ltd., Class A		36,400		243,529
	Beijing United Information Technology Co. Ltd., Class A		20,155		342,883
	Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		23,700		407,705
	Beijing Yanjing Brewery Co. Ltd., Class A		126,900		148,468
	Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A		17,400		273,218
	Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A		82,575		145,498
	Beijing-Shanghai High Speed Railway Co. Ltd., Class A		1,062,900		650,401
	Bethel Automotive Safety Systems Co. Ltd., Class A		9,700		116,026
	Betta Pharmaceuticals Co. Ltd., Class A		24,206		151,500
	BGI Genomics Co. Ltd., Class A		34,100		258,915
*	Bilibili, Inc., Class Z		84,420		752,300
	Bloomage Biotechnology Corp. Ltd., Class A		6,559		95,658
	BOC International China Co. Ltd., Class A		89,700		130,073
	BOE Technology Group Co. Ltd., Class A		2,001,800		918,269
	Bosideng International Holdings Ltd.		3,360,000		1,451,206
	Bright Dairy & Food Co. Ltd., Class A		24,800		32,187

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	BTG Hotels Group Co. Ltd., Class A		92,300	$	275,001
	BYD Co. Ltd., Class H		403,886		9,048,310
	BYD Electronic International Co. Ltd.		1,259,000		3,658,632
	By-health Co. Ltd., Class A		124,793		300,113
	Caitong Securities Co. Ltd., Class A		547,690		537,639
	CECEP Solar Energy Co. Ltd., Class A		241,000		224,052
	CECEP Wind-Power Corp., Class A		381,200		224,109
	Centre Testing International Group Co. Ltd., Class A		27,300		70,128
W	CGN Power Co. Ltd., Class H		4,899,000		992,378
	Changchun High & New Technology Industry Group, Inc., Class A		20,900		465,044
	Changjiang Securities Co. Ltd., Class A		435,670		311,932
	Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A		9,700		162,948
	Chaozhou Three-Circle Group Co. Ltd., Class A		139,705		544,008
	Chengdu CORPRO Technology Co. Ltd., Class A		36,800		149,682
	Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A		15,800		38,248
	Chengtun Mining Group Co. Ltd., Class A		308,000		234,501
	Chengxin Lithium Group Co. Ltd., Class A		43,229		257,249
*	Chifeng Jilong Gold Mining Co. Ltd., Class A		53,800		139,350
	China Automotive Engineering Research Institute Co. Ltd., Class A		72,700		187,765
	China Baoan Group Co. Ltd., Class A		146,334		232,073
	China Cinda Asset Management Co. Ltd., Class H		7,009,000		651,075
	China CITIC Bank Corp. Ltd., Class H		9,190,928		3,464,589
	China Coal Energy Co. Ltd., Class H		3,825,777		2,813,489
	China Conch Venture Holdings Ltd.		128,000		188,787
	China Construction Bank Corp., Class H		59,766,590		31,717,427
	China CSSC Holdings Ltd., Class A		45,800		166,892
*	China Eastern Airlines Corp. Ltd., ADR		8,745		144,292
*	China Eastern Airlines Corp. Ltd., Class H		1,516,000		500,217
	China Energy Engineering Corp. Ltd.		2,502,824		785,360
#	China Energy Engineering Corp. Ltd., Class H		1,632,000		164,120
	China Everbright Bank Co. Ltd., Class H		3,836,000		991,814
# W	China Feihe Ltd.		5,746,000		3,310,012
	China Galaxy Securities Co. Ltd., Class H		5,155,500		1,930,513
	China Gas Holdings Ltd.		5,520,800		4,899,596
	China Great Wall Securities Co. Ltd., Class A		196,900		218,555
	China Greatwall Technology Group Co. Ltd., Class A		182,800		279,844
	China Green Electricity Investment of Tianjin Co. Ltd., Class A		101,800		184,451
#	China Hongqiao Group Ltd.		4,665,000		3,301,647
W	China International Capital Corp. Ltd., Class H		1,813,600		2,520,394
	China International Marine Containers Group Co. Ltd., Class H		1,018,230		648,141
	China Jushi Co. Ltd., Class A		477,798		767,048
	China Kings Resources Group Co. Ltd., Class A		32,040		201,655
	China Life Insurance Co. Ltd., Class H		2,339,000		2,550,578
	China Longyuan Power Group Corp. Ltd., Class H		1,404,000		1,604,309
	China Meheco Co. Ltd., Class A		69,411		119,976
	China Mengniu Dairy Co. Ltd.		2,204,000		7,055,331
	China Merchants Bank Co. Ltd., Class H		2,884,554		9,443,741
	China Merchants Energy Shipping Co. Ltd., Class A		607,440		582,494
	China Merchants Port Holdings Co. Ltd.		394,271		462,242
	China Merchants Property Operation & Service Co. Ltd., Class A		64,100		118,323
W	China Merchants Securities Co. Ltd., Class H		486,460		451,097
	China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		325,873		587,484
#	China Minsheng Banking Corp. Ltd., Class H		4,818,600		1,399,439
	China National Building Material Co. Ltd., Class H		10,206,000		5,926,277
	China National Nuclear Power Co. Ltd., Class A		1,023,390		847,030
	China Northern Rare Earth Group High-Tech Co. Ltd., Class A		144,800		482,327
	China Oilfield Services Ltd., Class H		1,960,000		2,206,409
	China Overseas Land & Investment Ltd.		4,761,000		9,097,884
	China Pacific Insurance Group Co. Ltd., Class H		2,763,800		4,455,226

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	China Petroleum & Chemical Corp., Class H		17,726,800	$	7,025,598
	China Power International Development Ltd.		740,000		213,852
	China Railway Group Ltd., Class H		4,311,000		1,874,487
W	China Railway Signal & Communication Corp. Ltd., Class H		1,920,000		547,246
*	China Rare Earth Resources & Technology Co. Ltd., Class A		36,891		146,092
	China Resources Beer Holdings Co. Ltd.		859,611		4,056,113
	China Resources Boya Bio-pharmaceutical Group Co Ltd, Class A		32,400		133,453
	China Resources Cement Holdings Ltd.		4,938,000		1,784,919
	China Resources Double Crane Pharmaceutical Co. Ltd., Class A		99,800		245,769
	China Resources Gas Group Ltd.		1,798,000		4,604,982
	China Resources Land Ltd.		4,798,666		15,013,985
	China Resources Microelectronics Ltd., Class A		28,998		201,637
	China Resources Power Holdings Co. Ltd.		1,598,517		2,322,762
	China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		68,058		509,037
	China Shenhua Energy Co. Ltd., Class H		2,649,500		6,959,859
	China South Publishing & Media Group Co. Ltd., Class A		59,000		77,174
*	China Southern Airlines Co. Ltd., Class H		1,716,000		885,874
	China Southern Power Grid Energy Efficiency & Clean Energy Co. Ltd.,Class A		171,400		135,465
	China State Construction Engineering Corp. Ltd., Class A		1,922,400		1,250,067
#	China Suntien Green Energy Corp. Ltd., Class H		673,000		255,229
	China Tourism Group Duty Free Corp. Ltd., Class A		91,500		2,010,562
W	China Tower Corp. Ltd., Class H		67,974,000		6,149,938
	China Tungsten & Hightech Materials Co. Ltd., Class A		62,600		123,634
	China Vanke Co. Ltd., Class H		2,747,520		3,525,967
	China Yangtze Power Co. Ltd., Class A		748,847		2,083,975
	China Zhenhua Group Science & Technology Co. Ltd., Class A		21,800		403,540
*	China Zheshang Bank Co. Ltd., Class H		82,000		28,290
	Chongqing Brewery Co. Ltd., Class A		21,500		257,307
	Chongqing Changan Automobile Co. Ltd., Class A		260,130		402,572
	Chongqing Fuling Zhacai Group Co. Ltd., Class A		47,200		145,762
	Chongqing Rural Commercial Bank Co. Ltd., Class H		2,634,000		798,367
	Chongqing Zhifei Biological Products Co. Ltd., Class A		83,314		974,462
	CITIC Ltd.		4,725,000		4,228,139
	CITIC Securities Co. Ltd., Class H		2,178,800		3,255,463
	CMOC Group Ltd., Class H		5,673,966		1,826,744
	CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A		209,235		191,774
	CNOOC Energy Technology & Services Ltd., Class A		597,700		233,113
	CNSIG Inner Mongolia Chemical Industry Co. Ltd.		102,400		190,648
	COFCO Biotechnology Co. Ltd., Class A		114,467		126,539
	Contemporary Amperex Technology Co. Ltd., Class A		70,420		3,613,934
# *	COSCO SHIPPING Energy Transportation Co. Ltd., Class H		940,000		684,728
	COSCO SHIPPING Holdings Co. Ltd., Class H		4,410,299		4,752,853
	Country Garden Holdings Co. Ltd.		5,569,067		717,805
	Country Garden Services Holdings Co. Ltd.		1,433,492		1,252,909
W	CSC Financial Co. Ltd., Class H		1,140,500		826,862
	CSG Holding Co. Ltd., Class A		313,839		295,149
	CSPC Pharmaceutical Group Ltd.		11,629,200		11,945,066
	Daan Gene Co. Ltd., Class A		171,580		419,667
W	Dali Foods Group Co. Ltd.		4,344,000		1,788,130
	Daqin Railway Co. Ltd., Class A		883,060		775,564
	DaShenLin Pharmaceutical Group Co. Ltd., Class A		78,510		391,390
*	Datang International Power Generation Co. Ltd., Class H		1,784,000		227,021
*	Deppon Logistics Co. Ltd., Class A		78,900		186,800
	DHC Software Co. Ltd., Class A		290,300		245,769
	Dian Diagnostics Group Co. Ltd., Class A		67,701		258,228
	Do-Fluoride Chemicals Co. Ltd., Class A		64,409		275,425
	Dong-E-E-Jiao Co. Ltd., Class A		42,611		219,221
	Dongfang Electric Corp. Ltd., Class H		305,200		460,302

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Dongfeng Motor Group Co. Ltd., Class H		1,426,000	$	645,128
	Dongxing Securities Co. Ltd., Class A		323,718		345,002
	East Group Co. Ltd., Class A		152,100		144,863
	East Money Information Co. Ltd., Class A		453,728		972,653
	Ecovacs Robotics Co. Ltd., Class A		28,300		227,150
	Electric Connector Technology Co. Ltd., Class A		28,200		142,270
	ENN Energy Holdings Ltd.		378,200		3,760,081
	ENN Natural Gas Co. Ltd., Class A		245,000		521,930
	Eternal Asia Supply Chain Management Ltd., Class A		113,500		81,359
	Eve Energy Co. Ltd., Class A		38,105		434,849
# W	Everbright Securities Co. Ltd., Class H		442,400		239,413
*	Fangda Carbon New Material Co. Ltd., Class A		374,324		308,550
	Fangda Special Steel Technology Co. Ltd., Class A		289,000		225,996
	FAW Jiefang Group Co. Ltd., Class A		112,300		107,211
	Fiberhome Telecommunication Technologies Co. Ltd., Class A		49,300		93,337
	Financial Street Holdings Co. Ltd., Class A		180,200		114,509
	First Capital Securities Co. Ltd., Class A		320,000		244,077
#	Flat Glass Group Co. Ltd., Class H		406,000		952,316
	Focus Media Information Technology Co. Ltd., Class A		727,597		447,729
	Foryou Corp.		16,200		78,856
	Foshan Haitian Flavouring & Food Co. Ltd., Class A		158,223		1,296,783
	Fosun International Ltd.		3,138,722		1,918,079
	Founder Securities Co. Ltd., Class A		411,200		357,118
	Foxconn Industrial Internet Co. Ltd., Class A		389,600		438,427
	Fujian Funeng Co. Ltd., Class A		116,900		171,742
	Fujian Sunner Development Co. Ltd., Class A		77,263		232,503
W	Fuyao Glass Industry Group Co. Ltd., Class H		754,800		2,704,980
	Gan & Lee Pharmaceuticals Co. Ltd., Class A		30,040		145,758
# W	Ganfeng Lithium Group Co. Ltd., Class H		176,399		1,193,095
	Gaona Aero Material Co. Ltd., Class A		17,800		130,472
	G-bits Network Technology Xiamen Co. Ltd., Class A		8,400		293,596
	GCL Energy Technology Co. Ltd.		130,300		243,127
	GCL New Energy Holdings Ltd.		321,005		21,674
*	GCL System Integration Technology Co. Ltd., Class A		241,200		108,136
*	GCL Technology Holdings Ltd.		20,189,000		5,117,041
*	GD Power Development Co. Ltd., Class A		524,300		314,199
*	GDS Holdings Ltd., Class A		189,000		210,953
	Geely Automobile Holdings Ltd.		6,653,000		7,159,834
	GEM Co. Ltd., Class A		188,176		191,870
	Gemdale Corp., Class A		343,800		370,054
	GF Securities Co. Ltd., Class H		1,068,800		1,087,406
	Giant Network Group Co. Ltd., Class A		85,600		90,960
	GigaDevice Semiconductor, Inc., Class A		50,974		576,117
	Ginlong Technologies Co. Ltd., Class A		18,825		482,695
	Glarun Technology Co. Ltd., Class A		69,600		138,588
	GoerTek, Inc., Class A		198,500		589,265
	Gongniu Group Co. Ltd., Class A		4,200		68,950
	Gotion High-tech Co. Ltd., Class A		73,700		304,719
	Grandblue Environment Co. Ltd., Class A		40,300		99,006
	Great Wall Motor Co. Ltd., Class H		1,683,500		1,839,058
	Gree Electric Appliances, Inc. of Zhuhai, Class A		160,333		631,404
*	Greenland Holdings Corp. Ltd., Class A		472,831		170,247
	GRG Banking Equipment Co. Ltd., Class A		284,000		366,717
*	Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A		127,900		182,365
	Guangdong Haid Group Co. Ltd., Class A		55,800		441,807
	Guangdong HEC Technology Holding Co. Ltd., Class A		204,200		260,267
	Guangdong Hongda Holdings Group Co. Ltd., Class A		61,700		230,832
	Guangdong Investment Ltd.		2,600,000		1,639,239

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Guangdong Kinlong Hardware Products Co. Ltd., Class A		13,200	$	143,592
	Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A		59,500		130,491
	Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A		43,000		125,254
	Guanghui Energy Co. Ltd., Class A		422,000		594,676
	Guangxi Guiguan Electric Power Co. Ltd., Class A		34,400		29,531
	Guangzhou Automobile Group Co. Ltd., Class H		2,287,162		1,393,799
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		218,000		486,334
	Guangzhou Great Power Energy & Technology Co. Ltd., Class A		13,400		115,993
	Guangzhou Haige Communications Group, Inc. Co., Class A		222,052		257,574
	Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		48,901		505,050
	Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		34,000		303,160
	Guangzhou Tinci Materials Technology Co. Ltd., Class A		74,340		433,156
	Guangzhou Wondfo Biotech Co. Ltd., Class A		47,700		197,294
	Guangzhou Yuexiu Financial Holdings Group Co. Ltd., Class A		261,404		199,840
	Guangzhou Zhujiang Brewery Co. Ltd., Class A		26,000		23,086
	Guizhou Panjiang Refined Coal Co. Ltd., Class A		246,900		227,002
*	Guocheng Mining Co. Ltd., Class A		44,900		97,490
	Guosen Securities Co. Ltd., Class A		186,700		221,007
W	Guotai Junan Securities Co. Ltd., Class H		474,400		479,284
	Guoyuan Securities Co. Ltd., Class A		308,740		264,496
	H World Group Ltd., ADR		102,031		2,762,999
	H World Group Ltd.		5,500		15,005
	Haier Smart Home Co. Ltd., Class A		258,200		736,928
	Haier Smart Home Co. Ltd., Class H		2,489,400		6,230,932
	Haitong Securities Co. Ltd., Class H		2,434,800		1,190,199
*	Hang Zhou Great Star Industrial Co. Ltd., Class A		73,900		194,884
	Hangjin Technology Co. Ltd., Class A		47,700		191,453
	Hangzhou Binjiang Real Estate Group Co. Ltd., Class A		235,800		289,515
	Hangzhou Chang Chuan Technology Co. Ltd., Class A		14,494		118,907
	Hangzhou First Applied Material Co. Ltd., Class A		45,311		400,843
	Hangzhou Lion Electronics Co. Ltd., Class A		36,668		215,776
	Hangzhou Oxygen Plant Group Co. Ltd., Class A		54,900		316,355
	Hangzhou Robam Appliances Co. Ltd., Class A		80,121		225,162
	Hangzhou Silan Microelectronics Co. Ltd., Class A		70,122		302,557
	Hangzhou Tigermed Consulting Co. Ltd., Class A		12,100		138,274
W	Hangzhou Tigermed Consulting Co. Ltd., Class H		95,600		649,263
	Han’s Laser Technology Industry Group Co. Ltd., Class A		198,117		689,786
W	Hansoh Pharmaceutical Group Co. Ltd.		980,000		1,514,968
	Haohua Chemical Science & Technology Co. Ltd., Class A		15,000		88,233
	Hebei Hengshui Laobaigan Liquor Co. Ltd., Class A		20,900		60,914
	Hefei Meiya Optoelectronic Technology, Inc., Class A		84,295		274,448
	Heilongjiang Agriculture Co. Ltd., Class A		174,805		330,754
	Henan Shenhuo Coal & Power Co. Ltd., Class A		211,900		407,591
	Henan Shuanghui Investment & Development Co. Ltd., Class A		195,129		609,477
	Hengan International Group Co. Ltd.		1,126,500		4,367,721
	Hengdian Group DMEGC Magnetics Co. Ltd., Class A		119,121		289,547
	Hengli Petrochemical Co. Ltd., Class A		403,700		850,671
	Hengtong Optic-electric Co. Ltd., Class A		125,000		334,413
	Hengyi Petrochemical Co. Ltd., Class A		347,388		319,501
	Hesteel Co. Ltd., Class A		1,698,653		504,769
	Hithink RoyalFlush Information Network Co. Ltd., Class A		31,881		372,723
	Hongfa Technology Co. Ltd., Class A		60,890		287,047
	Hongta Securities Co. Ltd., Class A		96,320		94,590
	Huaan Securities Co. Ltd., Class A		249,210		150,677
#	Huadian Power International Corp. Ltd., Class H		288,000		86,493
	Huadong Medicine Co. Ltd., Class A		70,000		393,840
	Huafon Chemical Co. Ltd., Class A		485,983		444,192
	Huagong Tech Co. Ltd., Class A		60,800		140,171
	Huaibei Mining Holdings Co. Ltd., Class A		247,300		440,972

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Hualan Biological Engineering, Inc., Class A		139,800	$	340,156
# *	Huaneng Power International, Inc., Class H		2,302,000		823,709
W	Huatai Securities Co. Ltd., Class H		1,361,000		1,332,769
	Huaxi Securities Co. Ltd., Class A		334,000		336,829
	Huaxia Bank Co. Ltd., Class A		644,456		423,379
	Huaxin Cement Co. Ltd., Class A		206,300		379,422
	Huayu Automotive Systems Co. Ltd., Class A		153,600		353,072
	Hubei Biocause Pharmaceutical Co. Ltd., Class A		297,745		117,554
	Hubei Dinglong Co. Ltd., Class A		44,900		129,442
	Hubei Energy Group Co. Ltd., Class A		199,271		114,457
	Hubei Feilihua Quartz Glass Co. Ltd., Class A		12,600		116,309
	Hubei Jumpcan Pharmaceutical Co. Ltd., Class A		101,848		455,208
	Hubei Xingfa Chemicals Group Co. Ltd., Class A		112,400		436,390
	Huizhou Desay Sv Automotive Co. Ltd., Class A		16,600		235,764
	Humanwell Healthcare Group Co. Ltd., Class A		141,200		388,767
	Hunan Gold Corp. Ltd., Class A		99,000		179,641
	Hunan Valin Steel Co. Ltd., Class A		933,000		511,725
	Hundsun Technologies, Inc., Class A		41,729		238,975
	Iflytek Co. Ltd., Class A		70,100		337,369
	IKD Co. Ltd., Class A		20,000		51,971
	Imeik Technology Development Co. Ltd., Class A		3,800		219,496
	Industrial & Commercial Bank of China Ltd., Class H		30,774,185		13,361,085
	Industrial Bank Co. Ltd., Class A		643,039		1,326,449
*	Industrial Securities Co. Ltd., Class A		652,548		488,948
	Infore Environment Technology Group Co. Ltd., Class A		82,224		52,579
	Ingenic Semiconductor Co. Ltd., Class A		18,000		167,577
	Inner Mongolia BaoTou Steel Union Co. Ltd., Class A		1,386,020		334,628
	Inner Mongolia Dian Tou Energy Corp. Ltd., Class A		299,500		507,390
	Inner Mongolia ERDOS Resources Co. Ltd., Class A		145,040		277,232
	Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		810,103		431,879
	Inner Mongolia Yili Industrial Group Co. Ltd., Class A		318,000		1,101,863
	Inner Mongolia Yuan Xing Energy Co. Ltd., Class A		495,200		438,076
	Inspur Electronic Information Industry Co. Ltd., Class A		77,684		245,204
	Intco Medical Technology Co. Ltd., Class A		89,442		261,051
	JA Solar Technology Co. Ltd., Class A		71,103		610,558
	Jafron Biomedical Co. Ltd., Class A		28,865		125,436
	Jason Furniture Hangzhou Co. Ltd., Class A		67,080		278,221
	JCET Group Co. Ltd., Class A		185,200		611,869
* W	JD Health International, Inc.		353,350		1,938,507
	JD.com, Inc., ADR		124,763		4,652,412
	JD.com, Inc., Class A		501,921		9,140,238
	Jiangsu Azure Corp., Class A		75,000		154,084
	Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A		310,469		298,214
	Jiangsu Eastern Shenghong Co. Ltd., Class A		138,440		233,481
	Jiangsu Expressway Co. Ltd., Class H		1,020,000		719,448
	Jiangsu GoodWe Power Supply Technology Co. Ltd., Class A		3,252		149,614
	Jiangsu Guotai International Group Co. Ltd., Class A		123,263		136,677
*	Jiangsu Guoxin Corp., Ltd., Class A		88,700		70,009
	Jiangsu Hengli Hydraulic Co. Ltd., Class A		70,098		529,996
	Jiangsu Hengrui Medicine Co. Ltd., Class A		159,955		882,892
	Jiangsu Jiejie Microelectronics Co. Ltd., Class A		51,900		132,042
	Jiangsu King’s Luck Brewery JSC Ltd., Class A		85,912		440,503
*	Jiangsu Lihua Animal Husbandry Stock Co. Ltd., Class A		24,653		123,286
	Jiangsu Linyang Energy Co. Ltd., Class A		178,367		180,718
	Jiangsu Nata Opto-electronic Material Co. Ltd., Class A		26,990		121,047
	Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A		21,800		60,413
	Jiangsu Provincial Agricultural Reclamation & Development Corp.		157,000		271,457
	Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A		157,300		253,966

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Jiangsu ToLand Alloy Co. Ltd., Class A		13,900	$	103,238
	Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		56,690		1,016,600
	Jiangsu Yangnong Chemical Co. Ltd., Class A		29,505		373,644
	Jiangsu Yoke Technology Co. Ltd., Class A		12,862		103,578
	Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		84,400		376,284
	Jiangsu Zhongtian Technology Co. Ltd., Class A		93,400		281,587
	Jiangxi Copper Co. Ltd., Class H		1,471,000		1,607,452
	Jilin Aodong Pharmaceutical Group Co. Ltd., Class A		67,500		127,950
*	Jilin Electric Power Co. Ltd., Class A		127,000		103,112
	Jingjin Equipment, Inc., Class A		50,780		215,792
	JiuGui Liquor Co. Ltd., Class A		11,500		161,041
	Jizhong Energy Resources Co. Ltd., Class A		453,000		376,819
	JL Mag Rare-Earth Co. Ltd., Class A		46,600		197,767
	Joincare Pharmaceutical Group Industry Co. Ltd., Class A		194,455		311,505
	Joinn Laboratories China Co. Ltd., Class A		11,396		89,412
	Jointown Pharmaceutical Group Co. Ltd., Class A		227,867		392,848
	Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A		45,900		170,863
	Juewei Food Co. Ltd., Class A		37,944		246,173
*	Juneyao Airlines Co. Ltd., Class A		70,540		132,383
*	Kaishan Group Co. Ltd., Class A		65,100		149,289
	KBC Corp. Ltd., Class A		6,057		204,984
	Keboda Technology Co. Ltd., Class A		8,000		65,642
	Kehua Data Co. Ltd., Class A		34,200		200,331
	KingClean Electric Co. Ltd., Class A		17,100		76,877
	Kingfa Sci & Tech Co. Ltd., Class A		425,087		564,954
	Kingsoft Corp. Ltd.		541,000		1,638,225
	Konfoong Materials International Co. Ltd., Class A		9,500		114,715
*	Kuang-Chi Technologies Co. Ltd., Class A		102,600		243,599
	Kunlun Energy Co. Ltd.		6,412,000		3,832,256
	Kunlun Tech Co. Ltd., Class A		52,600		94,005
	Kweichow Moutai Co. Ltd., Class A		55,993		10,378,523
	KWG Living Group Holdings Ltd.		258,250		24,321
	Lao Feng Xiang Co. Ltd., Class A		26,700		140,630
	Laobaixing Pharmacy Chain JSC, Class A		62,190		299,779
	LB Group Co. Ltd., Class A		223,200		471,122
	Lenovo Group Ltd.		13,043,278		10,424,287
	Lens Technology Co. Ltd., Class A		316,800		433,518
	Lepu Medical Technology Beijing Co. Ltd., Class A		120,977		419,434
	Levima Advanced Materials Corp., Class A		27,200		122,033
	Leyard Optoelectronic Co. Ltd., Class A		105,400		81,501
# *	Li Auto, Inc., ADR		128,166		1,745,621
*	Li Auto, Inc., Class A		135,900		927,104
	Li Ning Co. Ltd.		1,311,000		6,781,697
	Lianhe Chemical Technology Co. Ltd., Class A		56,700		145,762
	Lier Chemical Co. Ltd., Class A		74,940		187,170
*	Lingyi iTech Guangdong Co., Class A		556,018		360,629
	Lizhong Sitong Light Alloys Group Co. Ltd., Class A		40,800		155,952
W	Longfor Group Holdings Ltd.		2,585,500		3,294,403
	LONGi Green Energy Technology Co. Ltd., Class A		335,888		2,218,261
	Longshine Technology Group Co. Ltd., Class A		89,002		314,853
	Luenmei Quantum Co. Ltd., Class A		120,500		102,960
	Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A		8,160		78,341
	Luxi Chemical Group Co. Ltd., Class A		305,700		476,936
	Luxshare Precision Industry Co. Ltd., Class A		308,224		1,199,233
	Luzhou Laojiao Co. Ltd., Class A		73,529		1,577,260
	Mango Excellent Media Co. Ltd., Class A		179,192		540,226
	Maxscend Microelectronics Co., Ltd., Class A		22,900		289,830
*	Meinian Onehealth Healthcare Holdings Co. Ltd., Class A		287,557		168,336
* W	Meituan, Class B		1,133,000		18,139,936

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Metallurgical Corp. of China Ltd., Class H		4,641,000	$	738,998
*	Mianyang Fulin Precision Co. Ltd., Class A		62,463		120,660
	Midea Group Co. Ltd., Class A		479,784		2,643,065
	Milkyway Chemical Supply Chain Service Co. Ltd., Class A		13,700		215,852
	Ming Yang Smart Energy Group Ltd., Class A		120,504		412,456
	Montage Technology Co. Ltd., Class A		27,314		211,711
	Muyuan Foods Co. Ltd., Class A		134,987		869,608
	Nanjing Hanrui Cobalt Co. Ltd., Class A		22,847		125,588
	Nanjing Iron & Steel Co. Ltd., Class A		670,400		280,576
	Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A		75,346		168,251
	Nanjing Securities Co. Ltd., Class A		248,900		270,671
	Nanjing Yunhai Special Metals Co. Ltd., Class A		60,200		156,175
	Nantong Jianghai Capacitor Co. Ltd., Class A		48,864		169,632
	NARI Technology Co. Ltd., Class A		249,552		838,138
*	National Silicon Industry Group Co. Ltd., Class A		105,089		292,773
	NAURA Technology Group Co. Ltd., Class A		10,700		388,483
	NavInfo Co. Ltd., Class A		105,850		172,203
#	NetEase, Inc., ADR		193,704		10,773,816
	NetEase, Inc.		159,100		1,765,254
	New China Life Insurance Co. Ltd., Class H		1,091,400		1,733,226
*	New Hope Liuhe Co. Ltd., Class A		159,700		283,095
	Ninestar Corp., Class A		44,351		348,171
	Ningbo Haitian Precision Machinery Co. Ltd., Class A		22,600		87,515
*	Ningbo Joyson Electronic Corp., Class A		126,400		266,021
	Ningbo Orient Wires & Cables Co. Ltd., Class A		31,142		328,728
	Ningbo Ronbay New Energy Technology Co. Ltd., Class A		19,771		214,186
	Ningbo Sanxing Medical Electric Co. Ltd., Class A		108,100		204,059
	Ningbo Tuopu Group Co. Ltd., Class A		43,648		387,843
	Ningbo Xusheng Auto Technology Co. Ltd., Class A		26,000		122,521
	Ningbo Zhoushan Port Co. Ltd., Class A		449,700		214,002
	Ningxia Baofeng Energy Group Co. Ltd., Class A		320,300		503,777
*	NIO, Inc., ADR		368,459		3,562,999
	North Industries Group Red Arrow Co. Ltd., Class A		63,400		178,977
*	Offcn Education Technology Co. Ltd., Class A		80,212		47,964
	Offshore Oil Engineering Co. Ltd., Class A		310,100		199,659
*	OFILM Group Co. Ltd., Class A		214,300		137,651
	Oppein Home Group, Inc., Class A		24,595		274,723
#	Orient Overseas International Ltd.		27,500		401,861
# W	Orient Securities Co. Ltd., Class H		1,012,800		377,955
	Ovctek China, Inc., Class A		22,152		90,192
*	Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A		470,200		291,774
*	Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A		600,300		214,285
	People’s Insurance Co. Group of China Ltd. , Class H		7,590,000		2,097,570
	Perfect World Co. Ltd., Class A		141,585		220,866
	PetroChina Co. Ltd., Class H		15,206,000		5,816,705
	PharmaBlock Sciences Nanjing, Inc., Class A		3,300		39,837
W	Pharmaron Beijing Co. Ltd., Class H		159,050		536,287
	PICC Property & Casualty Co. Ltd., Class H		7,201,198		6,641,745
*	Pinduoduo, Inc., ADR		122,979		6,742,939
	Ping An Bank Co. Ltd., Class A		722,500		1,025,620
	Ping An Insurance Group Co. of China Ltd., Class H		3,693,500		14,786,523
	Pingdingshan Tianan Coal Mining Co. Ltd., Class A		360,800		546,397
	Poly Developments & Holdings Group Co. Ltd., Class A		448,683		852,534
# W	Postal Savings Bank of China Co. Ltd., Class H		4,462,000		2,069,298
	Power Construction Corp. of China Ltd., Class A		583,011		563,372
	Proya Cosmetics Co. Ltd., Class A		21,980		503,610
	Qingdao Haier Biomedical Co. Ltd., Class A		5,788		61,199
# W	Qingdao Port International Co. Ltd., Class H		69,000		28,932
	Qingdao Rural Commercial Bank Corp., Class A		691,706		262,648

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Qingdao Sentury Tire Co. Ltd., Class A		43,800	$	155,891
	Qingdao TGOOD Electric Co. Ltd., Class A		78,000		160,437
	Quectel Wireless Solutions Co. Ltd., Class A		13,090		184,891
	Raytron Technology Co. Ltd., Class A		17,317		113,068
	Red Avenue New Materials Group Co. Ltd., Class A		23,300		114,895
*	Risen Energy Co. Ltd., Class A		59,604		201,898
	Riyue Heavy Industry Co. Ltd., Class A		76,100		230,886
	Rockchip Electronics Co. Ltd., Class A		18,100		162,360
	Rongsheng Petrochemical Co. Ltd., Class A		567,694		834,092
*	Roshow Technology Co., Ltd., Class A		125,900		178,161
	SAIC Motor Corp. Ltd., Class A		236,045		445,589
	Sailun Group Co. Ltd., Class A		221,600		263,965
	Sanan Optoelectronics Co. Ltd., Class A		114,600		271,554
	Sangfor Technologies, Inc., Class A		11,300		195,037
	Sanquan Food Co. Ltd., Class A		82,800		159,656
	Sansure Biotech, Inc., Class A		55,890		195,389
	Sany Heavy Industry Co. Ltd., Class A		323,734		600,734
	Satellite Chemical Co. Ltd., Class A		345,661		588,218
	SDIC Power Holdings Co. Ltd., Class A		251,000		347,223
	Sealand Securities Co. Ltd., Class A		328,190		146,349
*	Seazen Holdings Co. Ltd., Class A		173,200		313,518
	SF Holding Co. Ltd., Class A		151,261		1,001,932
	SG Micro Corp., Class A		12,050		247,666
	Shaanxi Coal Industry Co. Ltd., Class A		694,700		1,888,146
	Shan Xi Hua Yang Group New Energy Co. Ltd., Class A		260,300		602,783
	Shandong Buchang Pharmaceuticals Co. Ltd., Class A		57,400		151,125
	Shandong Denghai Seeds Co. Ltd., Class A		35,800		102,030
	Shandong Dongyue Organosilicon Material Co. Ltd., Class A		106,300		181,200
# W	Shandong Gold Mining Co. Ltd., Class H		547,250		869,811
	Shandong Himile Mechanical Science & Technology Co. Ltd., Class A		50,100		173,987
	Shandong Hi-speed Co. Ltd., Class A		111,700		84,100
	Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		189,250		679,886
	Shandong Linglong Tyre Co. Ltd., Class A		130,200		292,801
	Shandong Nanshan Aluminum Co. Ltd., Class A		910,010		384,999
	Shandong Pharmaceutical Glass Co. Ltd., Class A		39,500		149,439
	Shandong Sun Paper Industry JSC Ltd., Class A		230,150		331,441
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		3,303,200		4,551,100
	Shanghai Bairun Investment Holding Group Co. Ltd., Class A		34,836		145,785
	Shanghai Baosight Software Co. Ltd., Class A		62,166		361,973
	Shanghai Construction Group Co. Ltd., Class A		770,676		271,544
*	Shanghai Electric Group Co. Ltd., Class H		2,990,000		582,273
*	Shanghai Electric Power Co. Ltd., Class A		119,200		150,101
	Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		350,000		883,836
#	Shanghai Fudan Microelectronics Group Co. Ltd., Class H		135,000		583,917
*	Shanghai International Airport Co. Ltd., Class A		28,100		205,617
	Shanghai International Port Group Co. Ltd., Class A		334,000		236,892
	Shanghai Jinjiang International Hotels Co. Ltd., Class A		44,100		330,223
#* W	Shanghai Junshi Biosciences Co. Ltd., Class H		64,000		223,532
	Shanghai Liangxin Electrical Co. Ltd., Class A		50,500		77,962
	Shanghai Lingang Holdings Corp. Ltd., Class A		144,260		226,867
	Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A		103,420		129,338
	Shanghai M&G Stationery, Inc., Class A		51,069		282,572
	Shanghai Pharmaceuticals Holding Co. Ltd., Class H		1,000,000		1,355,260
	Shanghai Pudong Development Bank Co. Ltd., Class A		882,471		804,337
	Shanghai Putailai New Energy Technology Co. Ltd., Class A		46,522		318,443
	Shanghai RAAS Blood Products Co. Ltd., Class A		400,600		298,441
	Shanghai Tunnel Engineering Co. Ltd., Class A		303,500		216,654
	Shanghai Wanye Enterprises Co. Ltd., Class A		56,200		144,727
	Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		252,259		217,006

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		181,800	$	280,460
	Shanxi Coking Coal Energy Group Co. Ltd., Class A		547,530		853,565
	Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		324,730		748,243
	Shanxi Meijin Energy Co. Ltd., Class A		523,517		628,918
	Shanxi Securities Co. Ltd., Class A		216,280		153,091
	Shanxi Taigang Stainless Steel Co. Ltd., Class A		538,600		292,674
	Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		55,507		1,770,540
	Shenghe Resources Holding Co. Ltd., Class A		151,600		278,394
	Shengyi Technology Co. Ltd., Class A		162,200		308,750
	Shennan Circuits Co. Ltd., Class A		25,382		261,393
# W	Shenwan Hongyuan Group Co. Ltd., Class H		2,064,000		336,586
	Shenzhen Capchem Technology Co. Ltd., Class A		58,240		288,767
	Shenzhen Desay Battery Technology Co., Class A		17,000		116,015
	Shenzhen Dynanonic Co. Ltd., Class A		6,440		228,023
	Shenzhen Energy Group Co. Ltd., Class A		235,019		183,869
	Shenzhen Envicool Technology Co. Ltd., Class A		14,300		66,658
	Shenzhen Fastprint Circuit Tech Co. Ltd., Class A		104,800		169,042
	Shenzhen Gas Corp. Ltd., Class A		150,500		134,811
	Shenzhen H&T Intelligent Control Co. Ltd., Class A		23,400		47,420
	Shenzhen Inovance Technology Co. Ltd., Class A		92,000		842,891
	Shenzhen Kaifa Technology Co. Ltd., Class A		66,000		103,519
	Shenzhen Kangtai Biological Products Co. Ltd., Class A		58,040		247,739
	Shenzhen Kedali Industry Co. Ltd., Class A		14,566		183,476
	Shenzhen Kinwong Electronic Co. Ltd., Class A		62,764		175,116
	Shenzhen Kstar Science & Technology Co. Ltd., Class A		23,000		157,879
	Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		49,673		2,220,507
*	Shenzhen MTC Co. Ltd., Class A		192,700		91,281
	Shenzhen Overseas Chinese Town Co. Ltd., Class A		626,380		361,745
	Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A		71,100		301,781
	Shenzhen SC New Energy Technology Corp., Class A		12,566		234,487
	Shenzhen SED Industry Co. Ltd., Class A		30,800		89,780
	Shenzhen Senior Technology Material Co. Ltd., Class A		75,301		191,265
	Shenzhen Sunlord Electronics Co. Ltd., Class A		92,900		272,904
	Shenzhen Sunway Communication Co. Ltd., Class A		27,400		63,050
	Shenzhen Topband Co. Ltd., Class A		28,600		44,136
	Shenzhen Transsion Holdings Co. Ltd., Class A		64,148		548,299
	Shenzhen Yinghe Technology Co. Ltd., Class A		29,900		81,667
	Shenzhen YUTO Packaging Technology Co. Ltd., Class A		93,271		416,354
	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A		360,714		190,519
	Shenzhou International Group Holdings Ltd.		917,400		6,369,505
	Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		122,156		509,055
	Shinghwa Advanced Material Group Co. Ltd., Class A		16,300		217,013
	Sichuan Chuantou Energy Co. Ltd., Class A		149,500		226,456
*	Sichuan Development Lomon Co. Ltd., Class A		167,000		254,810
	Sichuan Hebang Biotechnology Co. Ltd., Class A		841,100		332,875
	Sichuan Kelun Pharmaceutical Co. Ltd., Class A		129,301		439,556
*	Sichuan New Energy Power Co., Ltd.		86,800		224,258
	Sichuan Road & Bridge Group Co. Ltd., Class A		573,200		885,539
	Sichuan Shuangma Cement Co. Ltd., Class A		36,500		100,978
	Sichuan Swellfun Co. Ltd., Class A		23,700		184,305
	Sichuan Teway Food Group Co. Ltd., Class A		6,000		23,105
	Sichuan Yahua Industrial Group Co. Ltd., Class A		80,400		295,192
	Sieyuan Electric Co. Ltd., Class A		63,100		289,754
	Sino Biopharmaceutical Ltd.		12,922,500		6,270,456
	Sinofibers Technology Co. Ltd., Class A		17,400		131,862
	Sinolink Securities Co. Ltd., Class A		232,100		251,495
	Sinoma International Engineering Co., Class A		308,200		361,666
	Sinoma Science & Technology Co. Ltd., Class A		190,294		467,443
	Sinopharm Group Co. Ltd., Class H		2,426,400		4,603,152

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Skshu Paint Co. Ltd., Class A		7,648	$	91,316
	Skyworth Digital Co. Ltd., Class A		76,793		156,904
W	Smoore International Holdings Ltd.		2,325,000		2,474,953
	Songcheng Performance Development Co. Ltd., Class A		170,500		269,318
	SooChow Securities Co. Ltd., Class A		334,850		300,999
	Southwest Securities Co. Ltd., Class A		779,936		396,137
*	Spring Airlines Co. Ltd., Class A		48,500		323,375
	State Grid Information & Communication Co. Ltd., Class A		75,800		155,718
*	STO Express Co. Ltd., Class A		94,000		144,537
	Sungrow Power Supply Co. Ltd., Class A		31,600		567,742
	Sunny Optical Technology Group Co. Ltd.		719,500		6,235,183
	Sunresin New Materials Co. Ltd., Class A		16,350		171,392
	Sunwoda Electronic Co. Ltd., Class A		74,600		237,881
	Suofeiya Home Collection Co. Ltd., Class A		27,570		52,842
	Suplet Power Co. Ltd., Class A		26,600		191,853
	Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		209,200		724,360
	Suzhou Maxwell Technologies Co. Ltd., Class A		3,476		228,716
	Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A		31,900		270,963
	Tangshan Jidong Cement Co. Ltd., Class A		155,000		161,448
	TangShan Port Group Co. Ltd., Class A		454,800		156,594
	TBEA Co. Ltd., Class A		217,400		609,232
	TCL Technology Group Corp., Class A		1,321,080		709,569
	TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		112,100		607,757
	Tencent Holdings Ltd.		3,556,400		93,450,715
*	Tencent Music Entertainment Group, ADR		730,433		2,636,863
	Thunder Software Technology Co. Ltd., Class A		13,300		180,156
	Tian Di Science & Technology Co. Ltd., Class A		399,320		268,455
	Tianjin 712 Communication & Broadcasting Co. Ltd., Class A		28,400		153,173
	Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A		193,100		186,951
	Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A		30,300		115,017
	Tianma Microelectronics Co. Ltd., Class A		161,455		195,866
	Tianshan Aluminum Group Co. Ltd., Class A		216,300		185,276
	Tianshui Huatian Technology Co. Ltd., Class A		305,000		368,401
*	Tibet Summit Resources Co. Ltd., Class A		86,100		247,047
	Tingyi Cayman Islands Holding Corp.		2,592,000		4,051,549
	Titan Wind Energy Suzhou Co. Ltd., Class A		124,100		200,050
	Tofflon Science & Technology Group Co. Ltd., Class A		65,800		255,270
	Toly Bread Co. Ltd., Class A		151,865		234,737
*	TongFu Microelectronics Co. Ltd., Class A		167,000		431,042
	Tongkun Group Co. Ltd., Class A		157,809		262,574
	Tongling Nonferrous Metals Group Co. Ltd., Class A		1,091,500		377,872
	Tongwei Co. Ltd., Class A		209,300		1,251,476
*	Topchoice Medical Corp., Class A		13,300		224,038
W	Topsports International Holdings Ltd.		979,000		493,648
	Transfar Zhilian Co. Ltd., Class A		287,626		195,005
	TravelSky Technology Ltd., Class H		183,000		266,106
	Trina Solar Co. Ltd., Class A		26,178		238,908
# *	Trip.com Group Ltd., ADR		412,258		9,329,399
*	Trip.com Group Ltd.		99,700		2,239,492
	Tsingtao Brewery Co. Ltd., Class H		418,000		2,926,456
	Unigroup Guoxin Microelectronics Co. Ltd., Class A		37,799		851,736
	Unisplendour Corp. Ltd., Class A		164,160		386,236
	Universal Scientific Industrial Shanghai Co. Ltd., Class A		110,389		263,838
	Valiant Co. Ltd., Class A		56,000		106,564
*	Vipshop Holdings Ltd., ADR		720,998		5,025,356
	Walvax Biotechnology Co. Ltd., Class A		55,500		293,166
	Wanhua Chemical Group Co. Ltd., Class A		203,200		2,242,604
	Want Want China Holdings Ltd.		6,370,000		4,184,356
	Wanxiang Qianchao Co. Ltd., Class A		189,000		128,629

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Weibo Corp., Sponsored ADR		51,476	$	582,708
	Weichai Power Co. Ltd., Class H		2,877,800		2,756,476
	Weifu High-Technology Group Co. Ltd., Class A		52,714		124,340
	Weihai Guangwei Composites Co. Ltd., Class A		20,829		221,594
*	Wens Foodstuffs Group Co. Ltd., Class A		164,980		405,489
	Western Securities Co. Ltd., Class A		568,600		465,836
	Western Superconducting Technologies Co. Ltd., Class A		14,442		230,796
	Westone Information Industry, Inc., Class A		33,300		166,071
	Wharf Holdings Ltd.		995,000		2,849,177
	Will Semiconductor Co. Ltd., Class A		54,421		548,489
	Wingtech Technology Co. Ltd., Class A		47,900		314,184
	Winning Health Technology Group Co. Ltd., Class A		183,700		244,265
	Wolong Electric Group Co. Ltd., Class A		143,200		244,251
	Wuchan Zhongda Group Co. Ltd., Class A		615,250		351,960
	Wuhan DR Laser Technology Corp. Ltd., Class A		3,460		77,021
	Wuhan Guide Infrared Co. Ltd., Class A		106,841		170,448
*	Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A		9,400		36,818
	Wuhu Token Science Co. Ltd., Class A		200,630		172,043
	Wuliangye Yibin Co. Ltd., Class A		174,006		3,189,306
	WUS Printed Circuit Kunshan Co. Ltd., Class A		159,200		237,312
W	WuXi AppTec Co. Ltd., Class H		159,060		1,276,652
* W	Wuxi Biologics Cayman, Inc.		1,131,500		5,091,345
	Wuxi Lead Intelligent Equipment Co. Ltd., Class A		17,680		121,556
	Wuxi NCE Power Co. Ltd., Class A		14,040		156,356
	Wuxi Shangji Automation Co. Ltd., Class A		27,080		455,187
	XCMG Construction Machinery Co. Ltd., Class A		472,203		299,843
	Xiamen C & D, Inc., Class A		153,900		253,189
	Xiamen Faratronic Co. Ltd., Class A		12,100		292,930
	Xiamen Intretech, Inc., Class A		78,460		185,514
	Xiamen ITG Group Corp. Ltd., Class A		163,430		139,497
	Xiamen Tungsten Co. Ltd., Class A		107,480		295,798
	Xiamen Xiangyu Co. Ltd., Class A		179,500		243,266
	Xi’an Triangle Defense Co. Ltd., Class A		32,400		207,574
	Xianhe Co. Ltd., Class A		39,900		133,084
#* W	Xiaomi Corp., Class B		12,403,400		13,929,917
	Xinfengming Group Co. Ltd., Class A		153,500		170,939
	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		891,559		772,542
	Xinjiang Tianshan Cement Co. Ltd., Class A		90,800		96,085
	Xinjiang Zhongtai Chemical Co. Ltd., Class A		416,100		335,543
	Xinxiang Richful Lube Additive Co. Ltd., Class A		5,500		109,325
	Xinxing Ductile Iron Pipes Co. Ltd., Class A		244,900		116,541
	Xinyangfeng Agricultural Technology Co. Ltd., Class A		105,900		160,335
	Xinyi Solar Holdings Ltd.		6,243,103		6,198,140
	Xuji Electric Co. Ltd., Class A		77,400		188,854
W	Yadea Group Holdings Ltd.		526,000		803,139
	Yangling Metron New Material, Inc., Class A		27,640		188,045
	Yangzhou Yangjie Electronic Technology Co. Ltd., Class A		52,200		367,264
	Yankuang Energy Group Co. Ltd., Class H		1,594,000		4,481,556
	Yantai Changyu Pioneer Wine Co. Ltd., Class A		8,400		31,186
	Yantai Jereh Oilfield Services Group Co. Ltd., Class A		56,455		232,817
	Yealink Network Technology Corp. Ltd., Class A		41,840		395,987
	Yifeng Pharmacy Chain Co. Ltd., Class A		58,834		452,811
	Yintai Gold Co. Ltd., Class A		195,817		385,600
	Yixintang Pharmaceutical Group Co. Ltd., Class A		18,200		69,267
	YongXing Special Materials Technology Co. Ltd., Class A		17,100		273,186
	Yonyou Network Technology Co. Ltd., Class A		83,500		280,534
	Youngor Group Co. Ltd., Class A		340,604		279,241
*	Youngy Co., Ltd., Class A		10,200		154,531
	YTO Express Group Co. Ltd., Class A		174,400		451,272

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Yuan Longping High-tech Agriculture Co. Ltd., Class A		80,100	$	159,205
#	Yum China Holdings, Inc.		363,986		15,050,821
	Yunda Holding Co. Ltd., Class A		227,590		412,106
	Yunnan Aluminium Co. Ltd., Class A		373,200		469,469
	Yunnan Baiyao Group Co. Ltd., Class A		54,740		409,488
	Yunnan Copper Co. Ltd., Class A		383,300		578,878
	Yunnan Energy New Material Co. Ltd., Class A		30,462		617,783
	Yunnan Tin Co. Ltd., Class A		179,800		280,999
	Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		25,050		783,005
	Zhefu Holding Group Co. Ltd., Class A		607,423		326,336
*	Zhejiang Century Huatong Group Co. Ltd., Class A		458,400		232,615
	Zhejiang China Commodities City Group Co. Ltd., Class A		697,879		400,994
	Zhejiang Chint Electrics Co. Ltd., Class A		125,484		437,788
	Zhejiang Crystal-Optech Co. Ltd., Class A		92,800		153,567
	Zhejiang Dahua Technology Co. Ltd., Class A		297,413		472,108
	Zhejiang Dingli Machinery Co. Ltd., Class A		46,470		286,643
	Zhejiang Hailiang Co. Ltd., Class A		143,800		228,464
	Zhejiang HangKe Technology, Inc. Co., Class A		17,887		122,823
	Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		99,240		272,016
	Zhejiang Huayou Cobalt Co. Ltd., Class A		42,881		320,683
	Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		54,000		528,542
	Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A		80,500		187,170
	Zhejiang Juhua Co. Ltd., Class A		126,000		271,389
	Zhejiang Longsheng Group Co. Ltd., Class A		316,700		392,357
*	Zhejiang Narada Power Source Co. Ltd., Class A		56,700		142,621
	Zhejiang NHU Co. Ltd., Class A		264,988		650,383
	Zhejiang Supor Co. Ltd., Class A		47,603		261,330
	Zhejiang Weiming Environment Protection Co. Ltd., Class A		94,503		244,722
	Zhejiang Weixing New Building Materials Co. Ltd., Class A		125,034		298,516
	Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A		35,300		227,455
	Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A		177,154		363,145
	Zhejiang Yongtai Technology Co. Ltd., Class A		60,300		181,018
	Zheshang Securities Co. Ltd., Class A		270,063		377,151
	Zhongji Innolight Co. Ltd., Class A		55,527		222,981
	Zhongjin Gold Corp. Ltd., Class A		428,700		437,988
	Zhongsheng Group Holdings Ltd.		1,088,500		4,131,192
	Zhuzhou CRRC Times Electric Co. Ltd.		588,600		2,553,642
	Zhuzhou Hongda Electronics Corp. Ltd., Class A		42,700		259,579
	Zhuzhou Kibing Group Co. Ltd., Class A		352,001		379,238
*	Zibo Qixiang Tengda Chemical Co. Ltd., Class A		386,760		361,547
#	Zijin Mining Group Co. Ltd., Class H		6,627,000		6,321,085
	Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H		1,859,600		599,297
	ZTE Corp., Class H		1,138,285		2,030,522
#	ZTO Express Cayman, Inc., ADR		290,097		4,899,738
#	ZTO Express Cayman, Inc.		1,050		17,865
TOTAL CHINA					951,805,648
COLOMBIA — (0.1%)
*	BAC Holding International Corp.		7,858,220		312,658
	Banco de Bogota SA		32,600		171,622
	Bancolombia SA, Sponsored ADR		39,205		994,631
	Bancolombia SA		108,694		781,298
	Ecopetrol SA		2,140,333		1,061,770
	Grupo Argos SA		357,079		741,090
	Grupo Aval Acciones y Valores SA, ADR		5,840		12,965
	Grupo Energia Bogota SA ESP		501,293		167,174
	Interconexion Electrica SA ESP		201,685		786,934
TOTAL COLOMBIA					5,030,142

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
CZECH REPUBLIC — (0.2%)
	CEZ AS		119,036	$	3,890,179
	Komercni Banka AS		72,622		2,079,914
W	Moneta Money Bank AS		421,608		1,229,775
TOTAL CZECH REPUBLIC					7,199,868
EGYPT — (0.0%)
	Commercial International Bank Egypt SAE,GDR		1,513,486		1,920,708
GREECE — (0.3%)
*	Alpha Services & Holdings SA		1,298,257		1,202,309
*	Eurobank Ergasias Services & Holdings SA, Class A		1,373,666		1,356,086
* ††	FF Group		12,618		11,223
	Galaxy Cosmos Mezz PLC		48,084		7,765
	Hellenic Energy Holdings SA		63,899		436,843
	Hellenic Telecommunications Organization SA		145,052		2,277,975
	JUMBO SA		91,113		1,294,131
*	LAMDA Development SA		7,667		46,452
	Motor Oil Hellas Corinth Refineries SA		85,551		1,470,366
	Mytilineos SA		72,048		1,208,116
*	National Bank of Greece SA		290,272		1,051,735
	OPAP SA		110,434		1,353,164
*	Piraeus Financial Holdings SA		215,062		265,129
*	Public Power Corp. SA		53,369		336,874
	Sunrisemezz PLC		30,723		2,487
	Terna Energy SA		49,394		917,948
TOTAL GREECE					13,238,603
HONG KONG — (0.0%)
* ††	China Common Rich Renewable Energy Investments Ltd.		5,416,000		0
HUNGARY — (0.2%)
	MOL Hungarian Oil & Gas PLC		840,922		5,048,973
#	OTP Bank Nyrt		103,748		2,263,349
	Richter Gedeon Nyrt		82,986		1,641,524
TOTAL HUNGARY					8,953,846
INDIA — (18.0%)
	Aarti Industries Ltd.		231,928		1,955,086
	Aarti Pharmalabs Ltd.		57,982		265,613
	ABB India Ltd.		45,775		1,691,933
	ACC Ltd.		106,088		3,066,940
	Adani Enterprises Ltd.		134,677		5,454,980
*	Adani Green Energy Ltd.		89,876		2,289,621
	Adani Ports & Special Economic Zone Ltd.		464,142		4,631,940
*	Adani Power Ltd.		748,312		3,041,139
	Adani Total Gas Ltd.		102,479		4,509,790
*	Adani Transmission Ltd.		219,644		8,903,207
*	Aditya Birla Capital Ltd.		391,081		551,389
	Alkem Laboratories Ltd.		32,515		1,239,882
	Ambuja Cements Ltd.		553,447		3,570,030
	APL Apollo Tubes Ltd.		7,651		99,833
	Apollo Hospitals Enterprise Ltd.		77,348		4,216,487
	Ashok Leyland Ltd.		1,199,908		2,221,974
	Asian Paints Ltd.		220,693		8,316,379
	Astral Ltd.		84,526		2,081,831
	Atul Ltd.		2,391		244,317
W	AU Small Finance Bank Ltd.		174,230		1,242,086
	Aurobindo Pharma Ltd.		407,142		2,641,766

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
* W	Avenue Supermarts Ltd.		53,575	$	2,800,161
	Axis Bank Ltd.		1,721,283		18,876,411
	Bajaj Auto Ltd.		60,754		2,700,693
	Bajaj Finance Ltd.		131,798		11,395,650
	Bajaj Finserv Ltd.		159,010		3,244,751
	Bajaj Holdings & Investment Ltd.		45,088		3,623,841
	Balkrishna Industries Ltd.		115,271		2,739,535
* W	Bandhan Bank Ltd.		603,569		1,749,182
	Bank of Baroda		1,064,648		1,902,732
	Berger Paints India Ltd.		186,084		1,320,621
	Bharat Electronics Ltd.		4,884,543		6,318,346
	Bharat Forge Ltd.		271,888		2,730,626
	Bharat Petroleum Corp. Ltd.		427,867		1,570,814
	Bharti Airtel Ltd.		1,493,167		15,016,466
	Biocon Ltd.		396,886		1,298,940
	Bosch Ltd.		4,913		978,153
	Britannia Industries Ltd.		54,714		2,489,318
	Canara Bank		364,746		1,283,075
*	CG Power & Industrial Solutions Ltd.		114,992		361,812
	Cholamandalam Investment & Finance Co. Ltd.		539,910		4,648,411
	Cipla Ltd.		657,406		9,280,072
	Coal India Ltd.		649,232		1,927,681
	Colgate-Palmolive India Ltd.		122,914		2,424,311
	Container Corp. of India Ltd.		294,357		2,834,831
	Coromandel International Ltd.		56,910		661,343
	CRISIL Ltd.		667		24,168
	Crompton Greaves Consumer Electricals Ltd.		170,496		746,226
	Cummins India Ltd.		55,131		896,769
	Dabur India Ltd.		338,762		2,278,236
	Dalmia Bharat Ltd.		44,184		852,713
	Deepak Nitrite Ltd.		86,786		2,428,457
	Divi’s Laboratories Ltd.		72,911		3,178,899
	Dixon Technologies India Ltd.		2,979		162,749
	DLF Ltd.		530,091		2,467,536
#	Dr Reddy’s Laboratories Ltd., ADR		102,286		5,555,153
	Dr Reddy’s Laboratories Ltd.		31,975		1,718,684
	Eicher Motors Ltd.		93,424		4,358,089
	Federal Bank Ltd.		142,671		226,811
	GAIL India Ltd.		2,303,665		2,531,004
	GAIL India Ltd., GDR		153,552		1,027,556
	GlaxoSmithKline Pharmaceuticals Ltd.		32,553		543,155
*	Godrej Consumer Products Ltd.		251,241		2,526,855
*	Godrej Properties Ltd.		82,253		1,259,074
	Grasim Industries Ltd.		247,208		5,162,859
	Gujarat Fluorochemicals Ltd.		6,906		315,839
	Gujarat Gas Ltd.		139,066		874,279
	Havells India Ltd.		137,674		2,030,143
	HCL Technologies Ltd.		708,997		8,903,865
W	HDFC Asset Management Co. Ltd.		49,414		1,240,369
	HDFC Bank Ltd.		1,512,827		27,440,778
W	HDFC Life Insurance Co. Ltd.		341,801		2,233,925
	Hero MotoCorp Ltd.		174,353		5,650,144
	Hindalco Industries Ltd.		2,222,008		10,881,758
	Hindustan Aeronautics Ltd.		73,506		2,245,995
	Hindustan Petroleum Corp. Ltd.		614,890		1,586,642
	Hindustan Unilever Ltd.		440,646		13,635,504
	Honeywell Automation India Ltd.		1,617		768,016
	Housing Development Finance Corp. Ltd.		698,934		20,898,952
#	ICICI Bank Ltd., Sponsored ADR		649,989		14,325,747

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	ICICI Bank Ltd.		1,390,129	$	15,285,795
W	ICICI Lombard General Insurance Co. Ltd.		132,332		1,874,249
W	ICICI Prudential Life Insurance Co. Ltd.		169,973		1,046,001
*	IDFC First Bank Ltd.		3,037,968		2,064,225
	Indian Hotels Co. Ltd.		373,713		1,507,706
	Indian Oil Corp. Ltd.		1,397,934		1,153,779
*	Indian Overseas Bank		1,569,149		352,865
	Indian Railway Catering & Tourism Corp. Ltd.		315,471		2,824,196
W	Indian Railway Finance Corp. Ltd.		193,243		52,871
	Indraprastha Gas Ltd.		248,390		1,283,351
	Indus Towers Ltd.		1,064,122		2,389,762
	IndusInd Bank Ltd.		317,938		4,397,592
	Info Edge India Ltd.		41,683		1,972,413
#	Infosys Ltd., Sponsored ADR		500,328		9,371,143
	Infosys Ltd.		1,779,532		33,201,533
* W	InterGlobe Aviation Ltd.		51,183		1,104,849
	Ipca Laboratories Ltd.		58,404		637,518
	ITC Ltd.		1,903,270		8,030,571
	Jindal Steel & Power Ltd.		801,679		4,465,891
	JSW Energy Ltd.		309,078		1,258,491
	JSW Steel Ltd.		1,422,439		11,597,295
	Jubilant Foodworks Ltd.		480,298		3,561,998
	Kansai Nerolac Paints Ltd.		114,122		666,096
	Kotak Mahindra Bank Ltd.		406,367		9,354,657
W	L&T Technology Services Ltd.		29,195		1,247,680
W	Larsen & Toubro Infotech Ltd.		40,803		2,336,124
	Larsen & Toubro Ltd.		390,209		9,592,960
W	Laurus Labs Ltd.		355,427		1,955,241
	Linde India Ltd.		2,782		103,092
	Lupin Ltd.		260,207		2,195,302
	Mahindra & Mahindra Ltd.		905,189		14,787,857
	Marico Ltd.		535,354		3,405,764
	Maruti Suzuki India Ltd.		42,433		4,895,914
*	Max Financial Services Ltd.		154,648		1,323,112
*	Max Healthcare Institute Ltd.		223,862		1,233,248
	Mindtree Ltd.		77,849		3,199,425
	Motherson Sumi Wiring India Ltd.		1,325,504		1,354,133
	Mphasis Ltd.		126,795		3,036,671
	MRF Ltd.		2,316		2,534,212
	Muthoot Finance Ltd.		242,710		3,066,984
	Nestle India Ltd.		20,232		4,976,646
	NHPC Ltd.		1,327,907		685,266
	NMDC Ltd.		1,251,805		1,503,514
	Nmdc Steel Ltd.		1,251,805		582,217
	NTPC Ltd.		1,541,570		3,233,532
	Oberoi Realty Ltd.		85,578		960,204
	Oil & Natural Gas Corp. Ltd.		877,424		1,417,903
	Oracle Financial Services Software Ltd.		32,810		1,157,566
	Page Industries Ltd.		8,044		4,842,885
	Persistent Systems Ltd.		41,548		1,854,889
	Petronet LNG Ltd.		1,564,099		3,879,853
	PI Industries Ltd.		68,216		2,674,539
	Pidilite Industries Ltd.		87,949		2,757,340
	Piramal Enterprises Ltd.		117,594		1,209,343
*	Piramal Pharma Ltd.		470,376		945,270
	Polycab India Ltd.		9,594		321,997
	Power Finance Corp. Ltd.		2,196,312		3,053,182
	Power Grid Corp. of India Ltd.		1,541,802		4,242,761
	Procter & Gamble Hygiene & Health Care Ltd.		10,621		1,801,872

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Punjab National Bank		1,966,565	$	1,019,645
	REC Ltd.		1,685,443		2,093,372
	Relaxo Footwears Ltd.		18,573		217,623
	Reliance Industries Ltd.		1,374,995		42,364,653
	Samvardhana Motherson International Ltd.		1,988,257		1,553,560
	SBI Cards & Payment Services Ltd.		79,899		798,204
W	SBI Life Insurance Co. Ltd.		143,303		2,196,016
	Schaeffler India Ltd.		10,805		362,053
	Shree Cement Ltd.		7,834		2,153,796
	Shriram Transport Finance Co. Ltd.		254,074		3,771,894
	Siemens Ltd.		33,599		1,186,441
	Solar Industries India Ltd.		4,601		216,269
	SRF Ltd.		132,025		4,083,465
	State Bank of India		933,814		6,481,513
	State Bank of India, GDR		3,115		214,312
	Steel Authority of India Ltd.		2,218,861		2,109,344
	Sun Pharmaceutical Industries Ltd.		598,582		7,360,059
	Sundaram Finance Holdings Ltd.		40,687		43,943
	Sundaram Finance Ltd.		964		27,076
	Supreme Industries Ltd.		12,166		318,824
	Tata Chemicals Ltd.		33,210		454,689
	Tata Communications Ltd.		108,655		1,649,439
	Tata Consultancy Services Ltd.		572,990		22,023,536
	Tata Consumer Products Ltd.		546,708		5,092,380
	Tata Elxsi Ltd.		32,921		2,793,084
# *	Tata Motors Ltd., Sponsored ADR		47,265		1,182,098
*	Tata Motors Ltd.		2,234,196		11,170,004
	Tata Power Co. Ltd.		771,887		2,111,151
	Tata Steel Ltd.		11,675,250		14,256,387
	Tech Mahindra Ltd.		590,572		7,595,637
	Thermax Ltd.		1,412		37,280
	Titan Co. Ltd.		181,344		6,058,766
	Torrent Pharmaceuticals Ltd.		152,170		3,029,268
	Trent Ltd.		96,354		1,776,320
	Tube Investments of India Ltd.		47,225		1,552,924
	TVS Motor Co. Ltd.		199,478		2,762,580
	UltraTech Cement Ltd.		61,077		4,957,393
	Union Bank of India Ltd.		739,695		481,076
	United Breweries Ltd.		45,973		917,818
*	United Spirits Ltd.		259,011		2,806,346
	UNO Minda Ltd.		73,811		477,875
	UPL Ltd.		1,057,811		9,361,501
	Varun Beverages Ltd.		249,699		3,166,734
	Vedanta Ltd.		1,416,252		4,803,331
*	Vodafone Idea Ltd.		7,119,524		740,987
	Voltas Ltd.		162,390		1,722,180
	Wipro Ltd.		857,062		4,009,544
	Zee Entertainment Enterprises Ltd.		7,924		25,164
	Zydus Lifesciences Ltd.		310,331		1,624,596
TOTAL INDIA					732,426,443
INDONESIA — (2.4%)
	Adaro Energy Indonesia Tbk PT		26,638,800		6,796,053
*	Allo Bank Indonesia Tbk PT		285,800		42,153
	Aneka Tambang Tbk PT		7,413,500		877,522
	Astra International Tbk PT		16,277,210		6,955,749
	Bank Central Asia Tbk PT		30,668,300		17,336,096
*	Bank Jago Tbk PT		1,709,200		559,590
	Bank Mandiri Persero Tbk PT		9,252,634		6,250,645

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
	Bank Negara Indonesia Persero Tbk PT		5,902,722	$	3,558,946
	Bank Pan Indonesia Tbk PT		307,900		47,435
	Bank Rakyat Indonesia Persero Tbk PT		29,651,176		8,845,927
	Bank Syariah Indonesia Tbk PT		4,614,000		414,162
	Barito Pacific Tbk PT		17,543,900		928,188
	Bukit Asam Tbk PT		7,340,300		1,838,312
*	Capital Financial Indonesia Tbk PT		3,491,300		170,018
	Charoen Pokphand Indonesia Tbk PT		5,302,800		1,894,452
	Elang Mahkota Teknologi Tbk PT		8,468,400		839,532
	Gudang Garam Tbk PT		590,900		913,178
	Indah Kiat Pulp & Paper Tbk PT		3,417,500		2,102,985
	Indo Tambangraya Megah Tbk PT		637,600		1,836,708
	Indocement Tunggal Prakarsa Tbk PT		1,530,800		910,591
	Indofood CBP Sukses Makmur Tbk PT		1,227,000		765,865
	Indofood Sukses Makmur Tbk PT		6,125,100		2,534,348
	Indosat Tbk PT		968,600		420,348
*	Jasa Marga Persero Tbk PT		314,813		68,831
	Kalbe Farma Tbk PT		26,423,900		3,474,908
	Mayora Indah Tbk PT		2,611,225		401,356
*	Merdeka Copper Gold Tbk PT		3,606,495		873,264
	Mitra Keluarga Karyasehat Tbk PT		4,337,300		768,305
*	MNC Studios International Tbk PT		169,100		54,437
	Perusahaan Gas Negara Tbk PT		9,214,200		1,167,528
	Sarana Menara Nusantara Tbk PT		22,264,500		1,648,117
	Semen Indonesia Persero Tbk PT		3,768,500		1,922,349
	Sinar Mas Agro Resources & Technology Tbk PT		1,019,900		302,617
*	Smartfren Telecom Tbk PT		100,723,200		502,773
	Sumber Alfaria Trijaya Tbk PT		11,117,200		2,008,884
	Telkom Indonesia Persero Tbk PT		22,978,700		6,453,586
	Tower Bersama Infrastructure Tbk PT		2,421,400		382,375
	Transcoal Pacific Tbk PT		870,200		573,132
	Unilever Indonesia Tbk PT		4,594,500		1,366,884
	United Tractors Tbk PT		3,132,496		6,479,680
*	Vale Indonesia Tbk PT		2,888,500		1,206,497
	XL Axiata Tbk PT		6,670,600		1,078,274
TOTAL INDONESIA					97,572,600
MALAYSIA — (1.7%)
	Alliance Bank Malaysia Bhd		659,500		515,961
	AMMB Holdings Bhd		2,258,559		1,954,307
	Axiata Group Bhd		1,981,532		1,192,504
	Batu Kawan Bhd		117,300		520,174
#	BIMB Holdings Bhd		963,955		516,928
	Bursa Malaysia Bhd		325,200		443,659
	Carlsberg Brewery Malaysia Bhd, Class B		142,900		673,229
	CIMB Group Holdings Bhd		2,885,948		3,371,143
	D&O Green Technologies Bhd		461,100		379,506
	Dialog Group Bhd		2,084,818		908,557
	DiGi.Com Bhd		1,985,320		1,592,453
	FGV Holdings Bhd		168,700		47,105
	Fraser & Neave Holdings Bhd		135,400		587,861
	Gamuda Bhd		2,068,727		1,683,207
	Genting Bhd		1,808,100		1,699,111
	Genting Malaysia Bhd		2,150,900		1,247,772
	Genting Plantations Bhd		294,500		381,233
	HAP Seng Consolidated Bhd		792,800		1,079,314
#	Hartalega Holdings Bhd		3,107,000		1,418,455
#	Heineken Malaysia Bhd		142,000		692,849
	Hong Leong Bank Bhd		259,166		1,161,718

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
	Hong Leong Financial Group Bhd		307,783	$	1,243,478
	IHH Healthcare Bhd		744,900		937,649
	IJM Corp. Bhd		1,900,700		654,851
	Inari Amertron Bhd		2,621,400		1,383,566
	IOI Corp. Bhd		1,432,105		1,235,898
	IOI Properties Group Bhd		1,450,429		316,113
	Kuala Lumpur Kepong Bhd		376,546		1,723,966
	Malayan Banking Bhd		2,464,719		4,477,296
*	Malaysia Airports Holdings Bhd		768,241		971,338
	Malaysian Pacific Industries Bhd		77,600		395,212
#	Maxis Bhd		1,355,100		1,103,045
	MISC Bhd		629,598		963,454
# W	MR DIY Group M Bhd		526,850		225,241
	My EG Services Bhd		5,751,538		1,076,761
	Nestle Malaysia Bhd		43,200		1,215,166
	Petronas Chemicals Group Bhd		1,202,900		2,217,697
	Petronas Dagangan Bhd		165,700		760,366
	Petronas Gas Bhd		397,700		1,438,357
	PPB Group Bhd		495,880		1,751,010
	Press Metal Aluminium Holdings Bhd		1,958,700		1,803,060
	Public Bank Bhd		8,022,870		7,587,220
	QL Resources Bhd		932,285		1,009,961
	RHB Bank Bhd		1,664,929		2,016,214
	Scientex Bhd		251,200		173,222
	Sime Darby Bhd		4,489,961		2,137,908
	Sime Darby Plantation Bhd		1,349,221		1,256,150
#	Sunway Bhd		2,102,182		711,531
	Telekom Malaysia Bhd		517,329		608,437
	Tenaga Nasional Bhd		985,950		1,755,801
	TIME dotCom Bhd		1,062,500		1,022,868
#	Top Glove Corp. Bhd		9,558,800		1,608,897
#	United Plantations Bhd		124,500		375,295
	ViTrox Corp. Bhd		242,100		364,225
	Westports Holdings Bhd		718,400		509,505
	Yinson Holdings Bhd		1,423,240		638,304
	YTL Corp. Bhd		6,697,612		800,363
TOTAL MALAYSIA					70,536,471
MEXICO — (2.6%)
	Alfa SAB de CV, Class A		8,597,258		5,710,388
	America Movil SAB de CV		17,462,580		16,481,615
	Arca Continental SAB de CV		368,914		3,013,800
	Becle SAB de CV		199,974		423,505
*	Cemex SAB de CV		11,428,443		4,453,015
*	Cemex SAB de CV, Sponsored ADR		27,210		105,031
	Coca-Cola Femsa SAB de CV, Sponsored ADR		3,923		246,325
	Coca-Cola Femsa SAB de CV		415,925		2,616,089
	El Puerto de Liverpool SAB de CV, Class C1		158,233		808,455
#	Fomento Economico Mexicano SAB de CV		748,304		5,368,391
	Gruma SAB de CV, Class B		252,563		2,914,679
#	Grupo Aeroportuario del Pacifico SAB de CV, ADR		5,030		779,952
	Grupo Aeroportuario del Pacifico SAB de CV, Class B		214,220		3,322,664
	Grupo Aeroportuario del Sureste SAB de CV, ADR		10,474		2,444,841
	Grupo Aeroportuario del Sureste SAB de CV, Class B		2,990		70,169
	Grupo Bimbo SAB de CV, Class A		997,325		3,866,377
	Grupo Carso SAB de CV		511,112		2,061,164
#	Grupo Elektra SAB de CV		50,113		2,516,653
	Grupo Financiero Banorte SAB de CV, Class O		1,806,062		14,702,455
# *	Grupo Financiero Inbursa SAB de CV, Class O		2,047,375		3,764,492

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
MEXICO — (Continued)
	Grupo Mexico SAB de CV, Class B		2,030,191	$	7,313,114
	Grupo Televisa SAB, Sponsored ADR		46,299		243,070
	Grupo Televisa SAB		1,867,160		1,979,022
#	Industrias Penoles SAB de CV		183,600		2,057,287
	Kimberly-Clark de Mexico SAB de CV, Class A		1,548,097		2,439,388
	Orbia Advance Corp. SAB de CV		2,213,800		3,724,118
	Organizacion Soriana SAB de CV, Class B		383,357		585,300
# *	Sitios Latinoamerica SAB de CV		873,128		258,682
#	Wal-Mart de Mexico SAB de CV		2,505,757		9,680,040
TOTAL MEXICO					103,950,081
PERU — (0.2%)
*	Aenza SAA, Sponsored ADR		42,218		39,022
*	Cementos Pacasmayo SAA, ADR		16,712		89,411
#	Cia de Minas Buenaventura SAA, ADR		53,274		369,722
	Credicorp Ltd.		39,029		5,712,284
TOTAL PERU					6,210,439
PHILIPPINES — (0.8%)
	Aboitiz Equity Ventures, Inc.		815,740		801,730
	Aboitiz Power Corp.		1,370,000		750,471
	ACEN Corp.		3,064,506		333,217
	Ayala Corp.		117,302		1,361,266
	Ayala Land, Inc.		3,424,218		1,519,631
	Bank of the Philippine Islands		1,507,742		2,507,470
	BDO Unibank, Inc.		1,553,962		3,434,854
*	Converge Information & Communications Technology Solutions, Inc.		95,300		20,411
	DMCI Holdings, Inc.		393,900		64,932
*	Emperador, Inc.		1,390,700		470,589
* ††	Fwbc Holdings, Inc.		2,006,957		0
	Globe Telecom, Inc.		21,677		873,918
	International Container Terminal Services, Inc.		623,010		1,867,577
	JG Summit Holdings, Inc.		2,422,589		1,813,487
	Jollibee Foods Corp.		284,210		1,140,058
	Manila Electric Co.		109,980		573,424
	Metro Pacific Investments Corp.		4,297,700		271,918
	Metropolitan Bank & Trust Co.		2,744,218		2,463,708
	PLDT, Inc., Sponsored ADR		19,949		548,996
	PLDT, Inc.		102,335		2,885,840
	San Miguel Corp.		1,213,110		2,016,296
	San Miguel Food & Beverage, Inc.		85,800		54,249
	Semirara Mining & Power Corp.		387,700		235,711
	SM Investments Corp.		102,383		1,459,200
	SM Prime Holdings, Inc.		4,214,410		2,301,586
	Union Bank of the Philippines		2,107		2,808
	Universal Robina Corp.		775,650		1,640,957
	Wilcon Depot, Inc.		236,600		120,248
TOTAL PHILIPPINES					31,534,552
POLAND — (0.6%)
#* W	Allegro.eu SA		105,206		510,265
	Asseco Poland SA		45,345		652,422
	Bank Handlowy w Warszawie SA		19,571		253,303
*	Bank Millennium SA		124,117		113,060
	Bank Polska Kasa Opieki SA		117,069		1,918,697
	Budimex SA		3,960		198,813
#	CD Projekt SA		33,657		894,292
	Cyfrowy Polsat SA		260,132		973,956

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
POLAND — (Continued)
* W	Dino Polska SA		30,321	$	1,979,122
	Grupa Kety SA		1,845		190,336
	ING Bank Slaski SA		21,579		751,873
	Inter Cars SA		114		8,590
*	Jastrzebska Spolka Weglowa SA		13,839		120,020
	KGHM Polska Miedz SA		112,453		2,248,217
	KRUK SA		1,908		111,108
	LPP SA		714		1,237,183
*	mBank SA		18,089		1,012,599
	Orange Polska SA		653,211		823,581
*	PGE Polska Grupa Energetyczna SA		675,732		770,164
	Polski Koncern Naftowy Orlen SA		453,542		5,208,255
*	Polskie Gornictwo Naftowe i Gazownictwo SA		904,182		974,996
	Powszechna Kasa Oszczednosci Bank Polski SA		336,889		1,835,834
	Powszechny Zaklad Ubezpieczen SA		323,904		1,814,611
	Santander Bank Polska SA		18,511		982,917
TOTAL POLAND					25,584,214
QATAR — (1.0%)
	Barwa Real Estate Co.		45,574		42,526
	Commercial Bank PSQC		1,021,572		1,765,816
	Industries Qatar QSC		748,482		3,240,190
	Masraf Al Rayan QSC		3,533,707		3,723,242
	Mesaieed Petrochemical Holding Co.		3,448,812		2,150,991
	Ooredoo QPSC		1,353,316		3,628,229
	Qatar Electricity & Water Co. QSC		382,308		1,941,731
	Qatar Fuel QSC		331,230		1,735,336
	Qatar Gas Transport Co. Ltd.		3,816,139		4,296,413
	Qatar International Islamic Bank QSC		559,434		1,776,922
	Qatar Islamic Bank SAQ		680,495		4,553,480
	Qatar National Bank QPSC		2,505,254		13,717,886
TOTAL QATAR					42,572,762
RUSSIA — (0.0%)
* ††	Gazprom PJSC,Sponsored ADR		1,293,312		0
* ††	Lukoil PJSC, Sponsored ADR		128,002		0
* ††	Magnitogorsk Iron & Steel Works PJSC, GDR		172,148		0
* ††	MMC Norilsk Nickel PJSC, ADR		205,087		0
* ††	Mobile TeleSystems PJSC, ADR		294,338		0
* ††	Novatek PJSC, GDR		15,415		0
* ††	Novolipetsk Steel PJSC, GDR		60,064		0
* ††	PhosAgro PJSC		582		0
* ††	PhosAgro PJSC, GDR		90,265		0
* ††	Polyus PJSC, GDR		20,177		0
* ††	Rosneft Oil Co. PJSC, GDR		275,526		0
* ††	Rostelecom PJSC,Sponsored ADR		88,099		0
* ††	RusHydro PJSC, ADR		808,023		0
* ††	Sberbank of Russia PJSC, Sponsored ADR		948,237		0
* ††	Severstal PAO, GDR		67,875		0
* ††	Tatneft PJSC,Sponsored ADR		122,269		0
* ††	VK Co. Ltd., GDR		9,666		0
* ††	VTB Bank PJSC, GDR		1,705,908		0
* ††	X5 Retail Group NV, GDR		81,764		0
SAUDI ARABIA — (4.7%)
	Abdullah Al Othaim Markets Co.		53,471		1,615,343
	Advanced Petrochemical Co.		123,833		1,457,469
*	Al Rajhi Bank		1,085,108		24,605,766

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SAUDI ARABIA — (Continued)
	Alinma Bank		765,866	$	7,640,252
	Almarai Co. JSC		151,980		2,275,921
	Arab National Bank		471,307		4,047,013
	Arabian Centres Co. Ltd.		120,619		626,718
*	Bank AlBilad		379,651		5,126,953
	Bank Al-Jazira		473,561		2,946,359
	Banque Saudi Fransi		470,724		5,410,962
	Bupa Arabia for Cooperative Insurance Co.		48,595		2,495,855
*	Dar Al Arkan Real Estate Development Co.		584,678		2,091,862
	Dr Sulaiman Al Habib Medical Services Group Co.		40,198		2,424,856
*	Emaar Economic City		186,198		475,435
	Etihad Etisalat Co.		943,798		9,188,419
	Jarir Marketing Co.		73,421		3,202,523
*	Mobile Telecommunications Co. Saudi Arabia		996,100		3,440,421
	Mouwasat Medical Services Co.		52,804		3,073,886
*	National Industrialization Co.		358,846		1,275,783
*	Rabigh Refining & Petrochemical Co.		649,687		2,355,300
	Riyad Bank		967,941		9,250,996
	SABIC Agri-Nutrients Co.		152,786		6,455,496
	Sahara International Petrochemical Co.		608,267		6,548,522
*	Saudi Arabian Mining Co.		512,286		11,402,576
W	Saudi Arabian Oil Co.		1,032,167		9,579,044
	Saudi Basic Industries Corp.		442,004		10,378,482
	Saudi British Bank		712,216		8,250,011
	Saudi Electricity Co.		366,509		2,631,711
	Saudi Industrial Investment Group		463,238		2,767,528
	Saudi Investment Bank		413,525		1,994,838
*	Saudi Kayan Petrochemical Co.		1,216,330		4,260,800
	Saudi National Bank		945,913		14,950,375
*	Saudi Research & Media Group		46,206		2,475,135
	Saudi Telecom Co.		1,007,500		10,824,373
	Savola Group		305,124		2,377,204
	Southern Province Cement Co.		14,117		205,756
	Yanbu National Petrochemical Co.		267,708		3,183,024
TOTAL SAUDI ARABIA					193,312,967
SOUTH AFRICA — (3.5%)
	Absa Group Ltd.		539,065		5,853,827
	African Rainbow Minerals Ltd.		35,825		504,492
	Anglo American Platinum Ltd.		30,706		2,444,997
	AngloGold Ashanti Ltd., Sponsored ADR		416,896		5,440,493
	Aspen Pharmacare Holdings Ltd.		422,830		3,478,168
	Bid Corp. Ltd.		191,129		3,075,681
	Bidvest Group Ltd.		364,485		4,211,317
	Capitec Bank Holdings Ltd.		41,839		4,332,296
#	Clicks Group Ltd.		277,963		4,709,390
*	Discovery Ltd.		488,952		3,198,150
	Exxaro Resources Ltd.		326,361		3,636,710
	FirstRand Ltd.		2,693,023		9,414,756
#	Gold Fields Ltd., Sponsored ADR		802,892		6,326,789
	Impala Platinum Holdings Ltd.		739,263		7,569,063
	Investec Ltd.		262,805		1,292,125
	Kumba Iron Ore Ltd.		34,502		649,069
	Mr Price Group Ltd.		256,073		2,464,642
	MTN Group Ltd.		1,570,195		11,097,278
	MultiChoice Group		429,429		2,806,665
	Naspers Ltd., Class N		50,967		5,253,770
	Nedbank Group Ltd.		460,235		5,448,627
	NEPI Rockcastle NV		348,853		1,753,394

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH AFRICA — (Continued)
	Ninety One Ltd.		225,714	$	530,755
*	Northam Platinum Holdings Ltd.		303,245		2,836,896
	Old Mutual Ltd.		7,858,201		4,460,566
W	Pepkor Holdings Ltd.		1,217,627		1,504,853
	Sanlam Ltd.		1,479,776		4,313,461
#	Sasol Ltd., Sponsored ADR		501,115		8,433,765
	Shoprite Holdings Ltd.		295,830		3,765,488
	Sibanye Stillwater Ltd.		2,439,984		5,714,989
#	Sibanye Stillwater Ltd., ADR		214,816		2,017,122
	Standard Bank Group Ltd.		688,647		6,428,683
	Vodacom Group Ltd.		315,489		2,148,956
	Woolworths Holdings Ltd.		1,130,428		3,876,453
TOTAL SOUTH AFRICA					140,993,686
SOUTH KOREA — (11.7%)
*	Alteogen, Inc.		18,172		466,583
	Amorepacific Corp.		10,122		657,184
#	Amorepacific Group		32,258		558,518
	BGF retail Co. Ltd.		9,471		1,238,542
	BNK Financial Group, Inc.		332,888		1,495,963
	Caregen Co. Ltd.		975		65,055
#	Celltrion Healthcare Co. Ltd.		27,674		1,346,439
*	Celltrion Pharm, Inc.		11,394		540,508
	Celltrion, Inc.		44,288		5,953,137
	Cheil Worldwide, Inc.		69,463		1,190,267
#	Chunbo Co. Ltd.		2,789		426,585
#	CJ CheilJedang Corp.		8,824		2,561,976
	CJ Corp.		24,910		1,253,699
	CJ ENM Co. Ltd.		20,351		1,046,418
*	CJ Logistics Corp.		12,469		767,899
	Com2uSCorp.		2,949		146,734
*	CosmoAM&T Co. Ltd.		12,486		586,279
	Coway Co. Ltd.		56,244		2,180,911
#	CS Wind Corp.		16,801		692,108
	Daeduck Electronics Co. Ltd.		12,770		219,813
	Daejoo Electronic Materials Co. Ltd.		3,936		247,570
	Daesung Holdings Co. Ltd.		2,439		168,967
*	Daewoo Engineering & Construction Co. Ltd.		313,837		924,229
# *	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		31,106		398,947
	Daewoong Co. Ltd.		1,530		22,139
	Daewoong Pharmaceutical Co. Ltd.		732		82,872
#	DB HiTek Co. Ltd.		45,779		1,417,045
	DB Insurance Co. Ltd.		93,028		3,671,436
#	DL E&C Co. Ltd.		57,621		1,390,160
#	DL Holdings Co. Ltd.		17,437		751,412
#	Dongjin Semichem Co. Ltd.		30,624		644,431
	Dongkuk Steel Mill Co. Ltd.		41,126		329,531
	Dongsuh Cos., Inc.		23,600		337,591
*	Dongwha Enterprise Co. Ltd.		922		42,388
	Dongwon Systems Corp.		1,506		48,473
	Doosan Bobcat, Inc.		59,853		1,404,687
*	Doosan Enerbility Co. Ltd.		217,682		2,019,734
# *	Doosan Fuel Cell Co. Ltd.		28,267		539,437
	Douzone Bizon Co. Ltd.		12,968		277,169
	Ecopro BM Co. Ltd.		19,332		1,557,075
#	Ecopro Co. Ltd.		10,233		1,015,850
	E-MART, Inc.		20,339		1,205,750
	F&F Co. Ltd.		4,455		453,911
#	Fila Holdings Corp.		69,695		1,596,208

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Foosung Co. Ltd.		47,363	$	410,845
#	Green Cross Corp.		4,063		362,903
	GS Engineering & Construction Corp.		80,479		1,222,859
	GS Holdings Corp.		83,334		2,687,984
	GS Retail Co. Ltd.		60,832		1,083,204
	Hana Financial Group, Inc.		337,861		9,768,026
*	Hanjin Kal Corp.		7,798		217,391
	Hankook Tire & Technology Co. Ltd.		82,943		2,124,523
	Hanmi Pharm Co. Ltd.		4,282		759,692
#	Hanmi Science Co. Ltd.		7,614		170,847
#	Hanon Systems		115,792		632,722
#	Hansol Chemical Co. Ltd.		9,131		1,185,951
	Hanwha Aerospace Co. Ltd.		31,151		1,450,748
#	Hanwha Corp.		56,544		1,006,095
*	Hanwha Life Insurance Co. Ltd.		349,192		534,602
*	Hanwha Solutions Corp.		53,323		1,762,253
	HD Hyundai Co. Ltd.		50,425		2,152,606
	Hite Jinro Co. Ltd.		24,304		437,001
	HL Mando Co. Ltd.		37,987		1,315,254
# *	HLB, Inc.		63,504		1,800,378
#	HMM Co. Ltd.		398,652		5,332,741
	Hotel Shilla Co. Ltd.		28,318		1,289,523
*	Hugel, Inc.		2,731		213,939
# *	HYBE Co. Ltd.		4,789		405,377
#	Hyosung Advanced Materials Corp.		2,410		538,351
#	Hyosung Corp.		9,034		434,009
	Hyosung TNC Corp.		175		32,065
	Hyundai Autoever Corp.		3,735		309,743
	Hyundai Department Store Co. Ltd.		6,109		231,700
*	Hyundai Doosan Infracore Co. Ltd.		223,139		867,484
	Hyundai Elevator Co. Ltd.		15,545		274,668
	Hyundai Engineering & Construction Co. Ltd.		84,807		2,073,306
	Hyundai Glovis Co. Ltd.		23,148		2,821,445
	Hyundai Marine & Fire Insurance Co. Ltd.		127,359		2,974,231
*	Hyundai Mipo Dockyard Co. Ltd.		15,813		1,017,674
	Hyundai Mobis Co. Ltd.		40,679		6,239,318
	Hyundai Motor Co.		59,619		6,870,402
*	Hyundai Rotem Co. Ltd.		47,080		803,357
	Hyundai Steel Co.		128,244		2,523,561
#	Hyundai Wia Corp.		16,610		710,565
#	Iljin Materials Co. Ltd.		12,480		529,556
	Industrial Bank of Korea		314,491		2,304,781
	JB Financial Group Co. Ltd.		63,408		319,293
	JYP Entertainment Corp.		24,714		960,745
	Kakao Corp.		86,689		3,075,272
*	Kakao Games Corp.		18,687		516,891
*	Kangwon Land, Inc.		32,321		521,123
	KB Financial Group, Inc.		309,585		10,417,236
	KB Financial Group, Inc., ADR		30,584		1,025,787
	KCC Corp.		4,724		806,830
	KEPCO Engineering & Construction Co., Inc.		6,591		229,377
	KEPCO Plant Service & Engineering Co. Ltd.		13,138		293,812
	KG Dongbu Steel		19,170		104,361
	Kia Corp.		144,165		6,699,461
	KIWOOM Securities Co. Ltd.		27,235		1,540,983
*	KMW Co. Ltd.		13,691		226,839
	Kolon Industries, Inc.		19,334		588,749
	Korea Aerospace Industries Ltd.		25,553		848,629
*	Korea Electric Power Corp., Sponsored ADR		25,248		148,206

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	Korea Electric Power Corp.		92,178	$	1,080,925
	Korea Gas Corp.		24,489		597,632
	Korea Investment Holdings Co. Ltd.		62,842		2,181,483
*	Korea Shipbuilding & Offshore Engineering Co. Ltd.		39,696		2,022,170
	Korea Zinc Co. Ltd.		3,733		1,674,073
*	Korean Air Lines Co. Ltd.		220,303		3,567,594
#	KT Corp., Sponsored ADR		82,100		1,043,491
	KT&G Corp.		70,941		4,764,505
	Kumho Petrochemical Co. Ltd.		35,567		3,260,585
*	L&F Co. Ltd.		8,283		1,305,312
#	LEENO Industrial, Inc.		10,832		1,037,787
	LG Chem Ltd.		21,330		9,360,424
	LG Corp.		73,098		4,057,890
#	LG Display Co. Ltd., ADR		327,393		1,453,625
	LG Display Co. Ltd.		221,348		1,975,374
	LG Electronics, Inc.		157,679		9,006,661
	LG H&H Co. Ltd.		4,994		1,784,260
	LG Innotek Co. Ltd.		9,241		1,917,177
	LG Uplus Corp.		420,444		3,376,283
	LIG Nex1 Co. Ltd.		4,208		300,005
#	Lotte Chemical Corp.		15,371		1,592,718
	Lotte Chilsung Beverage Co. Ltd.		2,724		268,243
	Lotte Corp.		34,062		778,424
	LOTTE Fine Chemical Co. Ltd.		20,046		788,279
	Lotte Shopping Co. Ltd.		12,790		783,083
	LS Corp.		19,269		897,830
	LS Electric Co. Ltd.		17,507		674,737
	LX International Corp.		39,692		1,130,560
#	LX Semicon Co. Ltd.		11,384		660,496
	Macquarie Korea Infrastructure Fund		208,019		1,612,185
	Meritz Financial Group, Inc.		62,223		945,721
	Meritz Fire & Marine Insurance Co. Ltd.		47,853		1,054,593
	Meritz Securities Co. Ltd.		397,797		1,031,517
	Mirae Asset Securities Co. Ltd.		333,586		1,484,965
	NAVER Corp.		38,269		4,539,401
#	NCSoft Corp.		5,915		1,615,856
# W	Netmarble Corp.		22,472		702,270
	NH Investment & Securities Co. Ltd.		177,468		1,115,859
#	NongShim Co. Ltd.		2,906		615,554
#	OCI Co. Ltd.		29,953		2,139,393
#	Orion Corp.		19,068		1,356,942
#	Osstem Implant Co. Ltd.		7,119		530,102
	Ottogi Corp.		1,618		501,179
	Pan Ocean Co. Ltd.		444,419		1,338,286
*	Paradise Co. Ltd.		24,370		242,530
*	Pearl Abyss Corp.		18,229		530,749
#	POSCO Chemical Co. Ltd.		8,327		1,162,689
	POSCO Holdings, Inc.		47,972		8,361,075
#	Posco International Corp.		94,648		1,369,403
	S-1 Corp.		18,026		788,931
* W	Samsung Biologics Co. Ltd.		5,311		3,263,807
	Samsung C&T Corp.		39,138		3,248,925
#	Samsung Card Co. Ltd.		26,138		566,644
	Samsung Electro-Mechanics Co. Ltd.		51,069		4,325,111
	Samsung Electronics Co. Ltd.		3,140,501		130,707,098
*	Samsung Engineering Co. Ltd.		99,972		1,670,062
	Samsung Fire & Marine Insurance Co. Ltd.		40,945		5,742,510
*	Samsung Heavy Industries Co. Ltd.		317,207		1,145,153
	Samsung Life Insurance Co. Ltd.		63,894		3,019,486

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Samsung SDI Co. Ltd.		19,354	$	9,985,019
	Samsung SDS Co. Ltd.		21,777		1,907,861
	Samsung Securities Co. Ltd.		74,696		1,661,897
#	Seegene, Inc.		44,351		891,617
	Seoul City Gas Co. Ltd.		439		101,500
	SFA Engineering Corp.		10,979		293,535
	Shinhan Financial Group Co. Ltd.		380,795		9,678,506
	Shinhan Financial Group Co. Ltd., ADR		46,849		1,184,811
	Shinsegae, Inc.		10,056		1,497,282
# *	SK Biopharmaceuticals Co. Ltd.		12,316		501,419
	SK Chemicals Co. Ltd.		6,497		402,508
	SK Hynix, Inc.		384,714		22,271,674
*	SK Innovation Co. Ltd.		76,816		9,301,452
#	SK Networks Co. Ltd.		242,361		684,542
	SK Telecom Co. Ltd.		55,517		1,950,963
	SK, Inc.		42,871		6,424,110
	SKC Co. Ltd.		12,904		934,648
#	SL Corp.		10,180		219,065
#	SM Entertainment Co. Ltd.		9,331		464,777
#	S-Oil Corp.		33,599		2,037,260
	Solus Advanced Materials Co. Ltd.		5,507		129,446
	Soulbrain Co. Ltd.		4,534		650,092
	Ssangyong C&E Co. Ltd.		107,296		427,560
	ST Pharm Co. Ltd.		3,410		198,978
*	Studio Dragon Corp.		9,633		461,409
*	Taihan Electric Wire Co. Ltd.		275,870		289,929
	Tokai Carbon Korea Co. Ltd.		1,652		117,395
#	Wemade Co. Ltd.		8,431		261,379
	WONIK IPS Co. Ltd.		21,433		412,628
	Woori Financial Group, Inc.		563,198		4,647,509
	Youngone Corp.		24,214		802,583
#	Yuhan Corp.		28,751		1,205,496
TOTAL SOUTH KOREA					474,217,376
TAIWAN — (15.0%)
	Accton Technology Corp.		390,000		2,932,742
#	Acer, Inc.		4,172,811		2,855,205
#	Advanced Energy Solution Holding Co. Ltd.		18,000		312,819
	Advantech Co. Ltd.		175,190		1,587,158
#	Airtac International Group		132,602		3,034,388
	Alchip Technologies Ltd.		52,000		1,041,344
#	ASE Technology Holding Co. Ltd., ADR		27,294		138,928
#	ASE Technology Holding Co. Ltd.		3,764,782		9,295,807
#	Asia Cement Corp.		2,725,758		3,151,751
#	ASMedia Technology, Inc.		20,000		359,050
#	ASPEED Technology, Inc.		30,300		1,570,775
#	Asustek Computer, Inc.		678,180		4,958,354
	AUO Corp.		9,061,498		4,729,067
	Catcher Technology Co. Ltd.		783,429		4,115,401
	Cathay Financial Holding Co. Ltd.		4,019,340		4,703,862
#	Chailease Holding Co. Ltd.		1,317,016		6,074,981
	Chang Hwa Commercial Bank Ltd.		4,582,777		2,358,343
	Cheng Shin Rubber Industry Co. Ltd.		2,224,965		2,226,049
	Chicony Electronics Co. Ltd.		818,497		2,030,631
	China Airlines Ltd.		6,027,536		3,155,290
	China Development Financial Holding Corp.		13,783,045		5,015,315
#	China Steel Corp.		11,906,932		9,911,573
	Chipbond Technology Corp.		986,000		1,661,691
	Chroma ATE, Inc.		355,000		1,938,170

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Chung Hung Steel Corp.		940,000	$	572,786
#	Chunghwa Telecom Co. Ltd., Sponsored ADR		117,361		4,038,392
	Chunghwa Telecom Co. Ltd.		683,000		2,354,926
	Compal Electronics, Inc.		5,218,541		3,413,282
	Compeq Manufacturing Co. Ltd.		859,000		1,160,447
#	CTBC Financial Holding Co. Ltd.		16,024,175		10,123,062
	Delta Electronics, Inc.		827,486		6,584,150
	E Ink Holdings, Inc.		270,000		1,715,626
#	E.Sun Financial Holding Co. Ltd.		9,531,922		6,850,249
#	Eclat Textile Co. Ltd.		142,402		1,868,700
#	Elite Material Co. Ltd.		288,000		1,302,723
	eMemory Technology, Inc.		64,000		2,122,206
	Eternal Materials Co. Ltd.		768,161		711,769
	Eva Airways Corp.		4,130,758		2,982,912
	Evergreen Marine Corp. Taiwan Ltd.		1,047,289		4,455,481
	Far Eastern International Bank		488,111		160,333
	Far Eastern New Century Corp.		3,183,085		3,172,604
	Far EasTone Telecommunications Co. Ltd.		1,337,000		2,931,507
#	Faraday Technology Corp.		122,000		534,285
	Farglory Land Development Co. Ltd.		48,000		79,197
	Feng TAY Enterprise Co. Ltd.		352,559		1,750,906
	First Financial Holding Co. Ltd.		9,311,665		7,143,005
	Formosa Chemicals & Fibre Corp.		3,269,518		7,047,367
#	Formosa Petrochemical Corp.		537,000		1,381,652
	Formosa Plastics Corp.		1,804,153		4,648,239
	Formosa Sumco Technology Corp.		91,000		409,105
	Formosa Taffeta Co. Ltd.		699,000		555,832
	Foxconn Technology Co. Ltd.		1,025,627		1,435,687
	Fubon Financial Holding Co. Ltd.		3,783,631		5,976,372
#	Genius Electronic Optical Co. Ltd.		130,695		1,212,833
	Giant Manufacturing Co. Ltd.		394,506		2,510,540
	Gigabyte Technology Co. Ltd.		662,000		1,890,112
	Global Unichip Corp.		76,000		1,143,248
	Globalwafers Co. Ltd.		321,000		3,557,943
#	Highwealth Construction Corp.		1,091,973		1,403,307
	Hiwin Technologies Corp.		386,291		1,984,643
	Hon Hai Precision Industry Co. Ltd.		5,794,322		18,403,209
	Hotai Finance Co. Ltd.		113,000		329,512
	Hotai Motor Co. Ltd.		182,000		3,292,822
*	HTC Corp.		191,000		297,907
	Hua Nan Financial Holdings Co. Ltd.		7,423,500		4,842,869
	Innolux Corp.		12,225,863		4,483,610
	International Games System Co. Ltd.		146,000		1,589,576
#	Inventec Corp.		2,864,550		2,166,320
	King Yuan Electronics Co. Ltd.		1,629,000		1,648,169
	King’s Town Bank Co. Ltd.		329,000		313,122
#	Kinsus Interconnect Technology Corp.		315,000		1,015,015
#	Largan Precision Co. Ltd.		74,860		4,282,887
	Lien Hwa Industrial Holdings Corp.		881,061		1,270,406
	Lite-On Technology Corp.		2,650,410		5,248,420
	Lotes Co. Ltd.		68,139		1,635,262
#	Macronix International Co. Ltd.		2,734,074		2,518,876
	Makalot Industrial Co. Ltd.		238,000		1,473,769
#	MediaTek, Inc.		799,995		14,582,464
#	Mega Financial Holding Co. Ltd.		8,514,028		7,887,801
#	Merida Industry Co. Ltd.		207,287		1,129,550
	Micro-Star International Co. Ltd.		918,000		3,109,452
	momo.com, Inc.		63,000		939,937
#	Nan Ya Plastics Corp.		2,602,599		5,514,491

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Nan Ya Printed Circuit Board Corp.		417,000	$	2,720,598
#	Nanya Technology Corp.		1,356,010		2,286,003
	Nien Made Enterprise Co. Ltd.		254,000		1,958,452
	Novatek Microelectronics Corp.		839,000		6,251,173
#	Nuvoton Technology Corp.		171,000		540,595
# *	Oneness Biotech Co. Ltd.		141,000		995,578
#	Parade Technologies Ltd.		84,000		1,581,887
#	Pegatron Corp.		1,911,345		3,494,088
*	PharmaEssentia Corp.		91,869		1,288,934
#	Phison Electronics Corp.		152,000		1,389,133
# *	Polaris Group		142,000		395,454
	Pou Chen Corp.		2,710,487		2,288,218
	Powerchip Semiconductor Manufacturing Corp.		3,884,000		3,697,371
	Powertech Technology, Inc.		1,216,819		2,810,270
#	President Chain Store Corp.		347,831		2,892,211
	Qisda Corp.		1,617,000		1,229,182
	Quanta Computer, Inc.		2,513,000		5,322,801
	Radiant Opto-Electronics Corp.		649,000		1,977,418
	Realtek Semiconductor Corp.		722,950		5,699,201
	Ruentex Development Co. Ltd.		1,856,224		2,278,533
	Ruentex Industries Ltd.		715,214		1,221,775
	Shanghai Commercial & Savings Bank Ltd.		2,779,000		3,999,825
#	Shin Kong Financial Holding Co. Ltd.		13,710,712		3,399,186
	Silergy Corp.		205,000		2,363,996
	Simplo Technology Co. Ltd.		240,000		1,906,987
	Sinbon Electronics Co. Ltd.		190,000		1,475,463
	Sino-American Silicon Products, Inc.		758,000		2,906,907
#	SinoPac Financial Holdings Co. Ltd.		10,193,549		5,086,121
	Standard Foods Corp.		442,418		530,218
	Synnex Technology International Corp.		1,370,343		2,231,071
#	TA Chen Stainless Pipe		2,019,823		2,360,121
#	Taichung Commercial Bank Co. Ltd.		3,160,446		1,229,177
	Taishin Financial Holding Co. Ltd.		10,100,425		4,145,142
	Taiwan Business Bank		7,257,274		2,686,728
#	Taiwan Cement Corp.		5,147,701		4,826,916
#	Taiwan Cooperative Financial Holding Co. Ltd.		8,096,365		6,273,166
	Taiwan FamilyMart Co. Ltd.		48,000		275,516
	Taiwan Fertilizer Co. Ltd.		723,000		1,172,200
	Taiwan Glass Industry Corp.		1,402,375		885,794
	Taiwan High Speed Rail Corp.		1,023,000		891,204
	Taiwan Mobile Co. Ltd.		955,300		2,816,784
	Taiwan Secom Co. Ltd.		264,670		758,252
	Taiwan Semiconductor Manufacturing Co. Ltd.		13,416,808		161,299,590
*	Tatung Co. Ltd.		1,748,000		1,694,849
	Teco Electric & Machinery Co. Ltd.		1,902,000		1,679,980
	Tong Hsing Electronic Industries Ltd.		33,000		176,438
#	Tripod Technology Corp.		623,870		1,723,802
#	Tung Ho Steel Enterprise Corp.		321,040		491,297
	U-Ming Marine Transport Corp.		289,000		314,783
	Unimicron Technology Corp.		1,488,000		5,717,447
	Union Bank Of Taiwan		205,000		96,215
	Uni-President Enterprises Corp.		4,631,033		9,404,512
#	United Microelectronics Corp.		6,765,000		8,134,649
#	Vanguard International Semiconductor Corp.		1,550,000		3,182,412
	Voltronic Power Technology Corp.		75,224		3,049,891
	Walsin Lihwa Corp.		2,857,818		3,161,237
	Walsin Technology Corp.		395,000		964,136
	Wan Hai Lines Ltd.		1,145,747		2,398,589
#	Win Semiconductors Corp.		416,034		1,569,743

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Winbond Electronics Corp.		4,548,407	$	2,741,592
††	Wintek Corp.		604,760		6,439
	Wisdom Marine Lines Co. Ltd.		390,000		630,765
	Wistron Corp.		4,067,699		3,284,152
#	Wiwynn Corp.		94,000		2,105,760
	WPG Holdings Ltd.		1,859,039		2,531,186
#	WT Microelectronics Co. Ltd.		87,000		157,137
	Yageo Corp.		330,055		3,741,835
	Yang Ming Marine Transport Corp.		2,345,000		4,365,521
#	YFY, Inc.		1,334,000		1,055,901
	Yuanta Financial Holding Co. Ltd.		9,319,849		5,690,768
	Yulon Finance Corp.		370,476		1,565,211
	Yulon Motor Co. Ltd.		354,000		500,082
	Zhen Ding Technology Holding Ltd.		971,700		3,184,569
TOTAL TAIWAN					609,479,705
THAILAND — (2.5%)
	Advanced Info Service PCL		733,300		3,679,987
	AEON Thana Sinsap Thailand PCL		149,100		640,511
*	Airports of Thailand PCL		1,898,400		3,691,056
	Asset World Corp. PCL		5,732,900		918,831
	B Grimm Power PCL		545,900		484,081
	Bangchak Corp. PCL		1,934,400		1,550,163
	Bangkok Bank PCL		529,400		2,023,849
	Bangkok Bank PCL, NVDR		126,700		484,363
	Bangkok Chain Hospital PCL		2,177,500		1,058,428
	Bangkok Commercial Asset Management PCL		1,838,500		739,071
	Bangkok Dusit Medical Services PCL, Class F		4,406,100		3,415,133
	Bangkok Expressway & Metro PCL		3,479,999		859,485
	Bangkok Life Assurance PCL, NVDR		618,200		531,951
	Banpu PCL		8,546,866		2,807,037
	Banpu Power PCL		669,100		261,944
	Berli Jucker PCL		1,097,400		987,545
*	Beyond Securities PCL		723,900		264,378
	BTS Group Holdings PCL		5,069,500		1,105,540
	Bumrungrad Hospital PCL		251,300		1,498,820
	Carabao Group PCL, Class F		163,600		387,938
	Central Pattana PCL		882,500		1,594,111
*	Central Plaza Hotel PCL		364,500		486,032
	Central Retail Corp. PCL		1,073,050		1,184,133
	CH Karnchang PCL		35,800		21,822
	Charoen Pokphand Foods PCL		2,323,200		1,541,272
	Chularat Hospital PCL, Class F		5,791,500		538,673
	CK Power PCL		1,368,200		177,586
	Com7 PCL, Class F		1,312,700		1,043,331
	CP ALL PCL		2,280,200		3,594,640
	Delta Electronics Thailand PCL		115,000		1,752,496
	Dohome PCL		829,600		281,183
	Electricity Generating PCL		120,500		539,812
	Energy Absolute PCL		823,900		2,088,974
	Esso Thailand PCL		1,807,500		688,617
	Forth Corp. PCL		260,000		362,060
	Global Power Synergy PCL, Class F		282,900		460,846
	Gulf Energy Development PCL		1,161,100		1,540,608
	Gunkul Engineering PCL		5,933,900		802,932
	Hana Microelectronics PCL		33,600		30,678
	Home Product Center PCL		3,733,413		1,432,155
	Indorama Ventures PCL		1,401,500		1,546,584
	Intouch Holdings PCL, Class F		356,100		673,652

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
	IRPC PCL		19,703,000	$	1,625,523
*	Jasmine Technology Solution PCL		81,800		104,238
	Jay Mart PCL		380,000		451,787
	JMT Network Services PCL, Class F		248,053		423,632
	Kasikornbank PCL		121,700		468,446
	Kasikornbank PCL, NVDR		5,500		21,098
	KCE Electronics PCL		1,036,100		1,143,358
	Kiatnakin Phatra Bank PCL		389,500		747,070
	Krung Thai Bank PCL		1,429,987		657,509
	Krungthai Card PCL		619,200		927,336
	Land & Houses PCL		6,942,300		1,678,118
	Mega Lifesciences PCL		434,200		504,817
*	Minor International PCL		1,730,783		1,284,672
	MK Restaurants Group PCL		309,800		474,142
	Muangthai Capital PCL		963,600		917,775
	Ngern Tid Lor PCL		24,700		16,873
	Osotspa PCL		1,174,400		817,698
*	PSG Corp. PCL		1,565,000		58,389
	PTT Exploration & Production PCL		1,189,455		5,672,257
	PTT Global Chemical PCL		1,555,872		1,778,256
	PTT Oil & Retail Business PCL		840,700		532,340
	PTT PCL		6,973,400		6,595,964
	Ramkhamhaeng Hospital PCL, Class F		21,700		31,643
	Ratch Group PCL		487,100		524,727
	Regional Container Lines PCL		134,800		93,857
	SCB X PCL		355,366		989,721
	SCG Packaging PCL		753,600		1,029,616
	Siam Cement PCL		347,900		2,961,629
	Siam City Cement PCL		113,989		452,242
	Siam Global House PCL		1,544,492		815,667
	Singer Thailand PCL		118,200		112,579
	Sri Trang Agro-Industry PCL		1,139,508		574,844
	Sri Trang Gloves Thailand PCL		1,277,300		372,518
	Srisawad Corp. PCL		1,258,772		1,356,008
	Star Petroleum Refining PCL		2,954,000		923,610
*	STARK Corp. PCL		3,436,000		288,891
	Supalai PCL		1,627,800		898,156
	Thai Oil PCL		1,979,917		2,835,141
	Thai Union Group PCL, Class F		3,062,540		1,448,390
	Thanachart Capital PCL		441,600		464,109
	Thonburi Healthcare Group PCL		455,000		806,950
	Tisco Financial Group PCL		309,700		781,167
	TMBThanachart Bank PCL		25,424,697		908,502
	TOA Paint Thailand PCL		590,800		488,970
	Total Access Communication PCL		700,700		828,468
	True Corp. PCL		17,144,931		2,234,337
	TTW PCL		1,054,700		241,090
	VGI PCL		3,956,670		378,410
	Vibhavadi Medical Center PCL		746,200		56,073
	WHA Corp. PCL		8,501,900		880,123
TOTAL THAILAND					100,451,044
TURKEY — (0.7%)
	Akbank TAS		2,934,684		2,306,994
	Aksa Akrilik Kimya Sanayii AS		65,145		243,809
#	Aksa Enerji Uretim AS		237,721		528,761
#	Anadolu Efes Biracilik Ve Malt Sanayii AS		233,645		601,198
#	Arcelik AS		76,332		322,613
#	Aselsan Elektronik Sanayi Ve Ticaret AS		276,008		477,840

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
TURKEY — (Continued)
	BIM Birlesik Magazalar AS		283,141	$	2,038,579
	Borusan Yatirim ve Pazarlama AS		2,256		90,035
	Coca-Cola Icecek AS		53,405		493,263
	Dogus Otomotiv Servis ve Ticaret AS		9,274		61,105
# W	Enerjisa Enerji AS		87,431		96,343
	Enka Insaat ve Sanayi AS		775,859		781,482
#	Eregli Demir ve Celik Fabrikalari TAS		842,011		1,341,869
#	Ford Otomotiv Sanayi AS		45,341		884,924
*	Gubre Fabrikalari TAS		17,401		136,327
# *	Hektas Ticaret TAS		770,209		1,184,225
	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D		924,114		593,863
	KOC Holding AS		446,849		1,332,999
#	Koza Altin Isletmeleri AS		22,016		230,274
*	Migros Ticaret AS		18,380		119,518
	Otokar Otomotiv Ve Savunma Sanayi AS		12,650		359,573
*	Oyak Cimento Fabrikalari AS		119,573		107,982
*	Pegasus Hava Tasimaciligi AS		35,848		616,571
*	Petkim Petrokimya Holding AS		1,468,954		1,050,831
# *	Sasa Polyester Sanayi AS		263,986		1,700,243
*	TAV Havalimanlari Holding AS		190,894		804,030
	Tofas Turk Otomobil Fabrikasi AS		74,286		391,960
*	Turk Hava Yollari AO		306,328		1,667,273
#	Turk Telekomunikasyon AS		467,239		311,376
	Turk Traktor ve Ziraat Makineleri AS		7,711		157,628
#	Turkcell Iletisim Hizmetleri AS		972,496		1,342,274
*	Turkiye Halk Bankasi AS		384,954		170,471
	Turkiye Is Bankasi AS, Class C		2,062,210		1,033,060
*	Turkiye Petrol Rafinerileri AS		73,386		1,486,644
	Turkiye Sise ve Cam Fabrikalari AS		582,052		1,037,847
# *	Turkiye Vakiflar Bankasi TAO, Class D		822,870		378,619
	Vestel Beyaz Esya Sanayi ve Ticaret AS		296,319		149,332
	Yapi ve Kredi Bankasi AS		2,854,262		1,413,268
TOTAL TURKEY					28,045,003
UNITED ARAB EMIRATES — (1.5%)
	Abu Dhabi Commercial Bank PJSC		2,483,364		6,392,591
	Abu Dhabi Islamic Bank PJSC		2,055,881		5,319,388
	Abu Dhabi National Oil Co. for Distribution PJSC		2,078,002		2,553,818
	Aldar Properties PJSC		3,907,903		4,596,753
	Dubai Islamic Bank PJSC		4,462,522		7,069,864
	Emaar Properties PJSC		4,313,170		7,119,985
	Emirates Integrated Telecommunications Co. PJSC		207,413		323,562
	Emirates NBD Bank PJSC		1,188,088		4,290,114
	Emirates Telecommunications Group Co. PJSC		1,754,520		12,330,867
	First Abu Dhabi Bank PJSC		2,034,758		9,923,020
*	International Holding Co. PJSC		24,261		2,661,765
TOTAL UNITED ARAB EMIRATES					62,581,727
UNITED STATES — (0.0%)
	Sempra Energy		9,588		1,338,052
TOTAL COMMON STOCKS					3,912,714,070
PREFERRED STOCKS — (1.3%)
BRAZIL — (1.2%)
	Banco Bradesco SA		2,373,138		9,124,096
	Braskem SA Class A		82,539		538,649
	Centrais Eletricas Brasileiras SA Class B		103,746		1,070,900

THE EMERGING MARKETS SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
	Cia de Transmissao de Energia Eletrica Paulista		122,300	$	580,070
	Cia Energetica de Minas Gerais		1,094,369		2,408,861
	Cia Paranaense de Energia		1,292,740		1,851,955
	Gerdau SA		653,216		3,256,280
	Itau Unibanco Holding SA		2,317,176		13,637,044
	Petroleo Brasileiro SA		2,952,047		17,036,206
TOTAL BRAZIL					49,504,061
CHILE — (0.0%)
	Embotelladora Andina SA Class B		431,209		753,310
COLOMBIA — (0.1%)
	Banco Davivienda SA		49,344		259,771
	Grupo Aval Acciones y Valores SA		2,461,699		269,161
	Grupo de Inversiones Suramericana SA		84,488		233,684
TOTAL COLOMBIA					762,616
SOUTH KOREA — (0.0%)
	Hyundai Engineering & Construction Co. Ltd.		985		39,130
TAIWAN — (0.0%)
	China Development Financial Holding Corp.		1,176,143		276,224
TOTAL PREFERRED STOCKS					51,335,341
RIGHTS/WARRANTS — (0.0%)
MALAYSIA — (0.0%)
*	Yinson Holdings Bhd Warrants 06/21/25		174,274		16,218
SOUTH KOREA — (0.0%)
*	HLB, Inc. Rights 12/02/22		5,687		39,126
TAIWAN — (0.0%)
*	Shanghai Commercial & Savings Bank Ltd. Rights 10/31/22		203,719		59,429
THAILAND — (0.0%)
*	Singer Thailand PCL Rights 10/31/22		82,507		0
*	Thai Union Group PCL Rights 11/30/22		86,840		0
TOTAL RIGHTS/WARRANTS					114,773
TOTAL INVESTMENT SECURITIES (Cost $3,031,692,639)					3,964,164,184
				Value†
SECURITIES LENDING COLLATERAL — (2.6%)
@ §	The DFA Short Term Investment Fund		9,232,721		106,739,492
TOTAL INVESTMENTS — (100.0%) (Cost $3,138,466,170)				$	4,070,903,676

ADR American Depositary Receipt

CP Certificate Participation GDR Global Depositary Receipt

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

THE EMERGING MARKETS SERIES

CONTINUED

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, 2022, 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		644		12/16/22	$	29,866,714	$	27,485,920	$	(2,380,794	)
S&P 500® Emini Index		73		12/16/22		13,941,096		14,172,950		231,854
Total Futures Contracts					$	43,807,810	$	41,658,870	$	(2,148,940	)

Summary of the Series’ investments as of October 31, 2022, 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	$	182,023,797	$	9,600		—	$	182,033,397
Chile		11,803,006		9,921,730		—		21,724,736
China		123,031,320		828,774,328		—		951,805,648
Colombia		4,717,484		312,658		—		5,030,142
Czech Republic		—		7,199,868		—		7,199,868
Egypt		1,962		1,918,746		—		1,920,708
Greece		10,252		13,217,128	$	11,223		13,238,603
Hungary		—		8,953,846		—		8,953,846
India		31,593,723		700,832,720		—		732,426,443
Indonesia		—		97,572,600		—		97,572,600
Malaysia		—		70,536,471		—		70,536,471
Mexico		103,950,081		—		—		103,950,081
Peru		6,210,439		—		—		6,210,439
Philippines		548,996		30,985,556		—		31,534,552
Poland		—		25,584,214		—		25,584,214
Qatar		—		42,572,762		—		42,572,762
Saudi Arabia		—		193,312,967		—		193,312,967
South Africa		22,218,169		118,775,517		—		140,993,686
South Korea		4,855,920		469,361,456		—		474,217,376
Taiwan		4,177,320		605,295,946		6,439		609,479,705
Thailand		98,389,048		2,061,996		—		100,451,044
Turkey		—		28,045,003		—		28,045,003
United Arab Emirates		—		62,581,727		—		62,581,727
United States		—		1,338,052		—		1,338,052
Preferred Stocks
Brazil		49,504,061		—		—		49,504,061
Chile		—		753,310		—		753,310
Colombia		762,616		—		—		762,616
South Korea		—		39,130		—		39,130
Taiwan		—		276,224		—		276,224
Rights/Warrants
Malaysia		—		16,218		—		16,218
South Korea		—		39,126		—		39,126
Taiwan		—		59,429		—		59,429

THE EMERGING MARKETS SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Securities Lending Collateral		—		$	106,739,492		—		$	106,739,492
Futures Contracts**	$	(2,148,940	)		—		—			(2,148,940	)
TOTAL	$	641,649,254		$	3,427,087,820	$	17,662	^	$	4,068,754,736

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

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

See accompanying Notes to Financial Statements.

THE EMERGING MARKETS SMALL CAP SERIES

SCHEDULE OF INVESTMENTS

October 31, 2022

		Shares		Value»
COMMON STOCKS — (97.3%)
BELGIUM — (0.0%)
*	BIODYNE Co. Ltd.		1,150	$	14,557
BRAZIL — (5.7%)
*	3R Petroleum Oleo E Gas SA		482,334		4,341,986
	AES Brasil Energia SA		1,062,419		2,036,192
	Aliansce Sonae Shopping Centers SA		388,671		1,635,046
*	Alliar Medicos A Frente SA		195,600		802,394
	Allied Tecnologia SA		28,000		43,527
	Alper Consultoria e Corretora de Seguros SA		21,000		114,808
	Alupar Investimento SA		472,751		2,587,295
	Ambipar Participacoes e Empreendimentos S/A		79,900		483,685
	Americanas SA		1,179,132		3,547,326
*	Anima Holding SA		1,034,673		1,372,086
	Arezzo Industria e Comercio SA		166,554		3,369,450
	Auren Energia SA		975,230		2,816,849
# *	Azul SA, ADR		155,377		1,458,990
	Banco Modal SA		224,700		113,100
	Bemobi Mobile Tech SA		164,280		531,115
*	Blau Farmaceutica SA		26,500		173,554
	Boa Safra Sementes SA		22,200		54,796
	Boa Vista Servicos SA		321,870		392,562
	BR Malls Participacoes SA		2,616,867		5,142,039
	BR Properties SA		651,053		782,700
	BrasilAgro - Co. Brasileira de Propriedades Agricolas		218,735		1,272,902
*	BRF SA		2,061,492		5,012,552
	Brisanet Participacoes SA		139,814		95,005
*	C&A MODAS SA		97,220		56,839
	Camil Alimentos SA		516,308		1,020,522
	Cia Brasileira de Aluminio		34,764		74,300
	Cia Brasileira de Distribuicao		523,026		2,232,644
	Cia de Saneamento de Minas Gerais-COPASA		623,774		1,854,839
	Cia de Saneamento do Parana		1,214,637		4,500,659
	Cia de Saneamento do Parana		546,300		373,331
	Cia Paranaense de Energia		445,084		604,015
	Cielo SA		3,398,392		3,914,516
*	Cogna Educacao		5,662,153		3,606,327
*	Construtora Tenda SA		273,378		322,306
	Cruzeiro do Sul Educacional SA		121,300		136,200
	CSU Digital SA		83,114		239,744
	Cury Construtora e Incorporadora SA		291,864		704,022
	Cyrela Brazil Realty SA Empreendimentos e Participacoes		897,468		3,231,615
	Dexco SA		1,069,100		2,005,533
	Diagnosticos da America SA		17,900		69,410
	Dimed SA Distribuidora da Medicamentos		258,632		625,864
	Direcional Engenharia SA		326,075		1,080,078
*	Dommo Energia SA		812,416		287,818
*	EcoRodovias Infraestrutura e Logistica SA		880,278		927,057
	EDP - Energias do Brasil SA		906,678		4,049,378
*	Eletromidia SA		34,100		81,858
*	Embraer SA		1,203,609		3,203,876
*	Embraer SA, Sponsored ADR		382,648		4,044,589
*	Empreendimentos Pague Menos SA		331,722		398,156
	Enauta Participacoes SA		355,424		1,048,623
	Energisa SA		342,800		3,217,960
*	Eneva SA		1,497,022		4,109,529
	Eternit SA		140,900		306,322
	Even Construtora e Incorporadora SA		295,494		377,555

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
	Ez Tec Empreendimentos e Participacoes SA		365,756	$	1,474,921
	Fleury SA		644,600		2,321,084
	Fras-Le SA		127,099		343,737
	Gafisa SA		7,812		23,493
	Getnet Adquirencia e Servicos para Meios de Pagamento SA		302,053		280,680
#	Gol Linhas Aereas Inteligentes SA, ADR		225,868		835,712
W	GPS Participacoes e Empreendimentos SA		338,000		904,300
	Grendene SA		883,823		1,242,194
*	Grupo Mateus SA		1,131,600		1,599,202
	Grupo SBF SA		257,424		943,880
	Guararapes Confeccoes SA		374,231		705,645
	Helbor Empreendimentos SA		114,573		64,323
*	Hidrovias do Brasil SA		933,357		509,547
*	Infracommerce CXAAS SA		138,700		155,200
	Instituto Hermes Pardini SA		186,158		837,900
	Intelbras SA Industria de Telecomunicacao Eletronica Brasileira		207,700		1,468,436
*	International Meal Co. Alimentacao SA, Class A		623,142		297,969
	Iochpe-Maxion SA		422,811		1,163,948
	Irani Papel e Embalagem SA		142,517		235,620
*	IRB Brasil Resseguros SA		3,222,983		586,507
	Jalles Machado SA		202,900		273,388
	JHSF Participacoes SA		1,192,106		1,693,942
	JSL SA		187,336		276,715
	Kepler Weber SA		187,812		941,696
	Lavvi Empreendimentos Imobiliarios Ltda		259,400		317,879
	Light SA		1,212,280		1,333,027
	Localiza Rent a Car SA		61,182		835,498
	Localiza Rent a Car SA		853		11,649
* W	Locaweb Servicos de Internet SA		1,004,168		2,124,781
	LOG Commercial Properties e Participacoes SA		157,972		696,048
*	Log-in Logistica Intermodal SA		191,471		1,387,057
	Lojas Quero Quero SA		349,679		408,878
	LPS Brasil Consultoria de Imoveis SA		164,100		89,269
	M Dias Branco SA		288,411		2,428,783
	Mahle-Metal Leve SA		128,012		640,122
	Marcopolo SA		518,000		241,677
	Marfrig Global Foods SA		1,128,320		2,337,242
*	Marisa Lojas SA		923,851		370,220
	Melnick Even Desenvolvimento Imobiliario SA		73,800		60,577
	Mills Estruturas e Servicos de Engenharia SA		568,820		1,473,393
	Minerva SA		910,248		2,410,646
W	Mitre Realty Empreendimentos E Participacoes LTDA		54,400		58,976
*	Moura Dubeux Engenharia SA		137,200		196,550
	Movida Participacoes SA		509,747		1,344,062
	MRV Engenharia e Participacoes SA		1,042,403		2,054,334
	Multilaser Industrial SA		312,283		314,973
	Multiplan Empreendimentos Imobiliarios SA		93,232		475,771
	Neogrid Participacoes SA		32,300		9,817
	Odontoprev SA		1,124,788		1,802,971
*	Omega Energia SA		808,100		1,681,749
*	Orizon Valorizacao de Residuos SA		60,000		518,749
*	Petro Rio SA		604,745		4,143,244
	Petroreconcavo SA		307,555		1,867,181
	Porto Seguro SA		581,834		2,617,718
	Portobello SA		256,777		586,081
	Positivo Tecnologia SA		457,780		1,083,854
	Qualicorp Consultoria e Corretora de Seguros SA		599,143		913,996
	Romi SA		148,060		474,377
	Santos Brasil Participacoes SA		1,247,677		2,198,018

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
BRAZIL — (Continued)
	Sao Carlos Empreendimentos e Participacoes SA		86,509	$	460,555
	Sao Martinho SA		768,976		4,014,961
W	Ser Educacional SA		208,380		343,300
	SIMPAR SA		1,627,112		3,411,407
	Sinqia SA		83,881		332,893
	SLC Agricola SA		406,879		3,619,412
	Sul America SA		815,303		3,762,816
	SYN prop e tech SA		117,200		115,260
	Tegma Gestao Logistica SA		114,559		494,120
	Terra Santa Propriedades Agricolas SA		9,971		57,755
	TOTVS SA		1,646,258		10,568,178
	Transmissora Alianca de Energia Eletrica SA		1,318,523		10,258,724
	Tres Tentos Agroindustrial SA		40,300		98,926
	Trisul SA		309,282		285,003
	Tupy SA		258,372		1,477,555
	Ultrapar Participacoes SA		2,005,729		5,207,013
	Unipar Carbocloro SA		24,082		432,129
	Usinas Siderurgicas de Minas Gerais SA Usiminas		182,762		261,468
	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		209,750		440,574
	Vamos Locacao de Caminhoes Maquinas e Equipamentos SA		712,949		2,224,903
*	Via SA		2,714,377		1,644,758
	Vivara Participacoes SA		296,793		1,540,416
	Vulcabras Azaleia SA		423,585		1,140,658
	Wilson Sons Holdings Brasil SA		213,000		468,019
	Wiz Solucoes e Corretagem de Seguros SA		219,744		331,392
	YDUQS Participacoes SA		989,037		3,088,407
	Zamp SA		20,600		30,628
	Zamp SA		661,829		983,999
TOTAL BRAZIL					202,669,879
CHILE — (0.6%)
	Aguas Andinas SA, Class A		1,883,671		397,346
	Besalco SA		2,200,594		758,262
*	Camanchaca SA		1,471,136		74,118
	CAP SA		150,738		805,800
	Cementos BIO BIO SA		352,724		241,501
	Cencosud Shopping SA		30,918		33,788
	Cia Sud Americana de Vapores SA		37,369,997		2,595,346
	Colbun SA		5,269,582		517,163
	Cristalerias de Chile SA		130,323		432,648
	Embotelladora Andina SA, ADR, Class B		5,509		56,743
	Empresa Nacional de Telecomunicaciones SA		461,999		1,441,026
	Empresas Hites SA		1,014,682		95,908
	Empresas Lipigas SA		6,383		13,866
	Empresas Tricot SA		70,631		20,747
*	Engie Energia Chile SA		1,948,129		1,145,746
	Forus SA		414,760		446,546
	Grupo Security SA		4,943,566		827,260
	Hortifrut SA		127,405		106,310
	Instituto de Diagnostico SA		2,928		4,307
	Inversiones Aguas Metropolitanas SA		1,259,734		600,903
	Inversiones La Construccion SA		84,822		265,288
	Masisa SA		3,130,567		83,031
	Multiexport Foods SA		3,785,079		860,758
	Parque Arauco SA		1,976,919		1,684,551
	PAZ Corp. SA		1,106,246		375,710
	Plaza SA		39,231		33,980
	Ripley Corp. SA		2,369,204		389,143

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHILE — (Continued)
	Salfacorp SA		1,233,378	$	346,618
	Sigdo Koppers SA		1,164,083		1,398,147
	SMU SA		5,617,171		571,591
	Sociedad Matriz SAAM SA		35,214,756		2,982,590
	Socovesa SA		2,516,932		287,083
	SONDA SA		1,180,254		415,524
	Vina Concha y Toro SA		2,008,692		2,271,062
TOTAL CHILE					22,580,410
CHINA — (21.9%)
	360 DigiTech, Inc., ADR		313,070		3,180,791
*	361 Degrees International Ltd.		3,755,000		1,565,102
W	3SBio, Inc.		4,811,500		3,397,916
	5I5J Holding Group Co. Ltd., Class A		700,900		220,469
* ††	A Metaverse Co.		550,000		7,988
# *	AAC Technologies Holdings, Inc.		2,389,500		4,377,039
# W	AAG Energy Holdings Ltd.		2,416,601		366,735
	Accelink Technologies Co. Ltd., Class A		138,100		321,929
*	Advanced Technology & Materials Co. Ltd., Class A		163,700		179,938
	Aerospace Hi-Tech Holdings Grp Ltd., Class A		279,103		327,070
	Agile Group Holdings Ltd.		4,188,000		796,562
	Ajisen China Holdings Ltd.		2,398,000		189,572
W	Ak Medical Holdings Ltd.		1,776,000		1,846,269
*	Alibaba Pictures Group Ltd.		42,090,000		1,555,684
# W	A-Living Smart City Services Co. Ltd.		2,406,000		1,365,304
	All Winner Technology Co. Ltd., Class A		115,710		310,134
	Allmed Medical Products Co. Ltd., Class A		90,100		152,855
*	Alpha Group, Class A		298,500		177,920
	Amoy Diagnostics Co. Ltd., Class A		95,269		306,281
*	An Hui Wenergy Co. Ltd., Class A		614,902		391,927
	Angang Steel Co. Ltd., Class H		6,056,999		1,256,754
	Anhui Anke Biotechnology Group Co. Ltd., Class A		346,713		470,724
	Anhui Construction Engineering Group Co. Ltd., Class A		666,590		420,605
	Anhui Expressway Co. Ltd., Class H		1,776,000		1,135,094
	Anhui Genuine New Materials Co. Ltd., Class A		91,300		134,752
	Anhui Guangxin Agrochemical Co. Ltd., Class A		14,260		57,974
	Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A		520,729		560,022
	Anhui Huilong Agricultural Means of Production Co., Ltd., Class A		158,800		175,813
	Anhui Jianghuai Automobile Group Corp. Ltd., Class A		322,119		568,292
	Anhui Jiangnan Chemical Industry Co. Ltd., Class A		706,440		467,166
	Anhui Korrun Co. Ltd., Class A		46,866		87,988
*	Anhui Tatfook Technology Co. Ltd., Class A		82,300		94,309
	Anhui Transport Consulting & Design Institute Co. Ltd., Class A		31,100		38,638
	Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A		368,400		371,422
	Anhui Xinhua Media Co. Ltd., Class A		138,900		87,805
	Anji Microelectronics Technology Shanghai Co. Ltd., Class A		7,218		220,598
* W	Antengene Corp. Ltd.		476,500		202,621
*	Anton Oilfield Services Group		8,368,000		303,859
	Aoshikang Technology Co. Ltd., Class A		82,400		290,233
* ††	Aowei Holdings Ltd.		1,451,000		36,748
* ††	Aoyuan Healthy Life Group Co. Ltd.		194,000		34,477
#	APT Satellite Holdings Ltd.		580,000		136,656
* W	Archosaur Games, Inc.		570,000		163,900
	Art Group Holdings Ltd.		320,000		9,834
* W	Ascletis Pharma, Inc.		551,000		161,979
	Asia Cement China Holdings Corp.		2,216,500		773,326
*	Asia Cuanon Technology Shanghai Co. Ltd., Class A		46,340		49,954
W	AsiaInfo Technologies Ltd.		584,400		698,240
*	Asian Citrus Holdings Ltd.		694,000		6,013

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Autel Intelligent Technology Corp. Ltd., Class A		86,389	$	471,046
	AviChina Industry & Technology Co. Ltd., Class H		9,654,000		4,228,179
	Bafang Electric Suzhou Co. Ltd., Class A		17,000		271,534
W	BAIC Motor Corp. Ltd., Class H		6,837,500		1,514,812
W	BAIOO Family Interactive Ltd.		2,912,000		137,376
	Bank of Chongqing Co. Ltd., Class H		2,506,000		1,136,793
*	Bank of Tianjin Co. Ltd., Class H		100,000		25,362
#* W	Bank of Zhengzhou Co. Ltd., Class H		738,100		100,681
*	Baosheng Science & Technology Innovation Co. Ltd., Class A		191,902		149,401
*	Baoye Group Co. Ltd., Class H		1,132,000		577,091
# *	Baozun, Inc., Sponsored ADR		159,879		629,923
	BBMG Corp., Class H		7,209,000		743,569
	Bear Electric Appliance Co. Ltd., Class A		34,847		273,667
	Befar Group Co. Ltd., Class A		623,900		428,771
	Beibuwan Port Co. Ltd., Class A		146,881		142,682
	Beijing Aosaikang Pharmaceutical Co. Ltd., Class A		161,350		179,463
	Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A		60,420		430,676
	Beijing Capital Development Co. Ltd., Class A		422,476		295,387
*	Beijing Capital International Airport Co. Ltd., Class H		7,414,000		4,014,938
	Beijing Career International Co. Ltd., Class A		41,600		183,627
	Beijing Certificate Authority Co. Ltd., Class A		77,387		293,082
#	Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H		72,250		110,910
	Beijing Ctrowell Technology Corp. Ltd., Class A		39,400		44,920
	Beijing Dahao Technology Corp. Ltd., Class A		55,777		123,924
*	Beijing E-Hualu Information Technology Co. Ltd., Class A		157,400		354,582
# *	Beijing Energy International Holding Co. Ltd.		19,934,000		462,682
	Beijing Enterprises Holdings Ltd.		1,690,500		4,288,627
	Beijing Enterprises Water Group Ltd.		14,360,000		3,017,008
	Beijing Funshine Culture Media Co. Ltd., Class A		36,000		200,633
* ††	Beijing Gas Blue Sky Holdings Ltd.		13,928,000		122,274
	Beijing GeoEnviron Engineering & Technology, Inc., Class A		368,468		472,513
	Beijing Haixin Energy Technology Co. Ltd., Class A		502,800		275,966
*	Beijing Health Holdings Ltd.		18,966,000		172,045
*	Beijing Hezong Science & Technology Co. Ltd., Class A		202,600		144,167
*	Beijing Hualian Department Store Co. Ltd., Class A		927,300		200,511
*	Beijing Jetsen Technology Co. Ltd., Class A		756,000		456,901
	Beijing Jingneng Clean Energy Co. Ltd., Class H		6,290,000		1,169,293
*	Beijing Jingxi Culture & Tourism Co. Ltd., Class A		189,200		96,727
	Beijing Konruns Pharmaceutical Co. Ltd., Class A		52,954		180,338
	Beijing North Star Co. Ltd., Class H		4,210,000		397,416
*	Beijing Orient Landscape & Environment Co. Ltd., Class A		707,100		196,676
*	Beijing Orient National Communication Science & Technology Co. Ltd., Class A		360,754		432,386
*	Beijing Philisense Technology Co. Ltd., Class A		350,900		180,344
	Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A		57,400		129,344
	Beijing Shunxin Agriculture Co. Ltd., Class A		124,800		350,733
	Beijing Sinnet Technology Co. Ltd., Class A		359,399		427,021
	Beijing SL Pharmaceutical Co. Ltd., Class A		237,600		271,103
	Beijing SPC Environment Protection Tech Co. Ltd., Class A		104,200		74,154
	Beijing Strong Biotechnologies, Inc., Class A		73,000		178,597
	Beijing SuperMap Software Co. Ltd., Class A		130,017		337,453
*	Beijing Thunisoft Corp. Ltd., Class A		191,900		186,396
#	Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		855,000		955,952
	Beijing Ultrapower Software Co. Ltd., Class A		476,050		285,198
W	Beijing Urban Construction Design & Development Group Co. Ltd., Class H		775,000		151,179
*	Beijing Watertek Information Technology Co. Ltd., Class A		246,700		107,127
	Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A		77,157		135,951
	Beken Corp., Class A		30,400		109,583

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Berry Genomics Co. Ltd., Class A		29,100	$	50,589
	Best Pacific International Holdings Ltd., Class H		978,000		139,387
*	BEST, Inc., ADR		17		10
	Bestsun Energy Co. Ltd., Class A		439,200		252,297
	Better Life Commercial Chain Share Co. Ltd., Class A		186,849		126,254
	Biem.L.Fdlkk Garment Co. Ltd., Class A		149,299		447,779
	BII Railway Transportation Technology Holdings Co. Ltd.		2,452,000		84,483
*	Billion Industrial Holdings Ltd.		44,000		27,963
	Binjiang Service Group Co. Ltd.		244,000		410,398
	Black Peony Group Co. Ltd., Class A		325,649		321,649
W	Blue Moon Group Holdings Ltd.		375,000		221,245
*	Blue Sail Medical Co. Ltd., Class A		252,600		284,988
	Bluefocus Intelligent Communications Group Co. Ltd., Class A		518,700		335,244
W	BOC Aviation Ltd.		250,700		1,677,666
	BOE Varitronix Ltd.		989,000		1,466,517
*	Bohai Leasing Co. Ltd., Class A		1,263,500		380,818
	Bosideng International Holdings Ltd.		10,818,000		4,672,365
*	Boyaa Interactive International Ltd.		621,000		25,735
	Bright Dairy & Food Co. Ltd., Class A		289,400		375,601
	Bright Real Estate Group Co. Ltd., Class A		962,280		266,983
	BrightGene Bio-Medical Technology Co. Ltd., Class A		122,955		356,632
* ††	Brilliance China Automotive Holdings Ltd.		8,928,000		3,844,329
	B-Soft Co. Ltd., Class A		348,631		400,195
# *	Burning Rock Biotech Ltd., ADR		5,945		12,247
	BYD Electronic International Co. Ltd.		1,940,500		5,639,059
	C C Land Holdings Ltd.		12,749,015		3,068,349
	C&D International Investment Group Ltd.		1,389,788		2,156,548
	C&S Paper Co. Ltd., Class A		262,920		337,911
	Cabbeen Fashion Ltd.		1,187,000		181,506
	Camel Group Co. Ltd., Class A		209,035		244,647
	Cangzhou Mingzhu Plastic Co. Ltd., Class A		406,800		256,860
	Canny Elevator Co. Ltd., Class A		162,500		147,787
# W	CanSino Biologics, Inc., Class H		242,600		2,255,530
#	Canvest Environmental Protection Group Co. Ltd.		2,567,000		1,580,336
*	Capital Environment Holdings Ltd.		22,400,000		371,069
*	Capitalonline Data Service Co. Ltd., Class A		130,000		192,247
	Carrianna Group Holdings Co. Ltd.		891,257		46,594
	Castech, Inc., Class A		135,800		282,103
# W	Cathay Media & Education Group, Inc.		158,000		21,166
††	CECEP COSTIN New Materials Group Ltd.		4,494,000		64,407
*	CECEP Techand Ecology & Environment Co. Ltd., Class A		184,500		54,926
	Central China Management Co. Ltd.		3,912,626		269,693
	Central China New Life Ltd.		828,000		234,684
#	Central China Real Estate Ltd.		4,646,683		121,825
#	Central China Securities Co. Ltd., Class H		4,540,000		549,319
	CETC Digital Technology Co. Ltd., Class A		166,320		481,102
#	CGN New Energy Holdings Co. Ltd.		5,122,000		1,375,943
	CGN Nuclear Technology Development Co. Ltd., Class A		159,900		160,762
	Chacha Food Co. Ltd., Class A		43,510		264,160
	Changchun Faway Automobile Components Co. Ltd., Class A		232,830		271,389
#* W	Changsha Broad Homes Industrial Group Co. Ltd., Class H		86,100		73,947
	Changzhou Qianhong Biopharma Co. Ltd., Class A		299,700		239,281
#	Chaowei Power Holdings Ltd.		2,361,000		463,234
*	Cheetah Mobile, Inc., ADR		28,306		51,518
*	ChemPartner PharmaTech Co. Ltd., Class A		32,200		43,973
*	Chen Lin Education Group Holdings Ltd.		330,000		84,543
*	Cheng De Lolo Co. Ltd., Class A		256,650		264,308
	Chengdu ALD Aviation Manufacturing Corp., Class A		63,840		243,425
	Chengdu CORPRO Technology Co. Ltd., Class A		106,300		432,368

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Chengdu Fusen Noble-House Industrial Co. Ltd., Class A		147,800	$	241,140
	Chengdu Galaxy Magnets Co. Ltd., Class A		105,400		220,155
	Chengdu Hongqi Chain Co. Ltd., Class A		308,700		195,384
	Chengdu Jiafaantai Education Technology Co. Ltd., Class A		23,125		31,506
	Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A		172,895		418,535
	Chengdu Kanghua Biological Products Co. Ltd., Class A		27,100		380,284
	Chengdu Leejun Industrial Co. Ltd., Class A		114,100		103,733
	Chengdu Wintrue Holding Co. Ltd., Class A		168,100		261,813
	Chengdu Xingrong Environment Co. Ltd., Class A		913,299		603,904
	Chenguang Biotech Group Co., Ltd., Class A		56,100		124,808
*	Chengzhi Co. Ltd., Class A		46,000		56,277
*	Chiho Environmental Group Ltd.		172,000		14,900
	China Aerospace International Holdings Ltd.		8,284,500		363,817
*	China Agri-Products Exchange Ltd.		45,605		522
	China Aircraft Leasing Group Holdings Ltd.		1,574,000		655,000
*	China Anchu Energy Storage Gro		1,929,000		127,744
	China Automotive Engineering Research Institute Co. Ltd., Class A		53,961		139,367
	China Bester Group Telecom Co. Ltd., Class A		102,700		147,957
	China BlueChemical Ltd., Class H		7,256,000		1,385,020
W	China Bohai Bank Co. Ltd., Class H		3,052,000		377,302
# *	China Boton Group Co. Ltd.		458,000		129,246
	China CAMC Engineering Co. Ltd., Class A		332,197		349,686
	China Chengtong Development Group Ltd.		734,000		10,030
	China Cinda Asset Management Co. Ltd., Class H		23,132,000		2,148,761
	China Communications Services Corp. Ltd., Class H		9,412,000		2,626,270
*	China Conch Environment Protection Holdings Ltd.		4,587,500		1,352,604
	China Conch Venture Holdings Ltd.		4,615,500		6,807,382
*	China CYTS Tours Holding Co. Ltd., Class A		255,300		377,610
	China Datang Corp. Renewable Power Co. Ltd., Class H		8,310,000		2,243,056
*	China Daye Non-Ferrous Metals Mining Ltd.		7,434,000		52,272
	China Design Group Co. Ltd., Class A		82,800		87,342
W	China Development Bank Financial Leasing Co. Ltd., Class H		110,000		12,487
# *	China Dili Group		12,625,699		1,061,571
*	China Dongxiang Group Co. Ltd.		10,363,985		307,641
W	China East Education Holdings Ltd.		791,500		249,290
	China Education Group Holdings Ltd.		2,302,000		1,347,750
	China Electronics Huada Technology Co. Ltd.		3,400,000		268,450
#	China Electronics Optics Valley Union Holding Co. Ltd.		11,200,000		493,731
	China Enterprise Co. Ltd., Class A		320,883		106,257
	China Everbright Environment Group Ltd.		14,046,000		4,672,404
# W	China Everbright Greentech Ltd.		2,425,000		395,322
	China Everbright Ltd.		3,992,000		2,104,837
*	China Express Airlines Co. Ltd., Class A		49,838		72,353
	China Film Co. Ltd., Class A		14,700		21,473
*	China Finance Investment Holdings Ltd.		14,000		9,826
* ††	China Financial Services Holdings Ltd.		126,200		5,125
	China Foods Ltd.		4,852,000		1,236,478
	China Glass Holdings Ltd.		3,378,000		271,171
	China Gold International Resources Corp. Ltd.		235,700		547,691
*	China Greenland Broad Greenstate Group Co. Ltd.		4,572,000		75,272
	China Hanking Holdings Ltd.		2,777,000		255,010
#	China Harmony Auto Holding Ltd.		3,398,500		385,016
	China Harzone Industry Corp. Ltd., Class A		173,563		164,855
* ††	China High Precision Automation Group Ltd.		1,289,000		37,563
*	China High Speed Railway Technology Co. Ltd., Class A		741,500		228,252
*	China High Speed Transmission Equipment Group Co. Ltd.		1,578,000		641,256
*†† W	China Huarong Asset Management Co. Ltd., Class H		16,447,000		469,626
††	China Huiyuan Juice Group Ltd.		4,034,500		180,199
	China International Marine Containers Group Co. Ltd., Class H		2,953,080		1,879,744

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	China Jinmao Holdings Group Ltd.		8,128,000	$	1,076,902
	China Kepei Education Group Ltd.		1,226,000		301,485
	China Kings Resources Group Co. Ltd., Class A		109,096		686,634
	China Leadshine Technology Co. Ltd., Class A		44,000		116,784
	China Lesso Group Holdings Ltd.		4,407,000		3,576,932
	China Lilang Ltd.		2,086,000		901,362
* W	China Literature Ltd.		1,372,000		3,701,465
# *	China Longevity Group Co. Ltd.		1,076,350		35,240
* ††	China Maple Leaf Educational Systems Ltd.		7,090,000		240,258
*	China Medical & HealthCare Group Ltd.		930,000		4,434
	China Medical System Holdings Ltd.		5,342,500		5,838,944
	China Meidong Auto Holdings Ltd.		2,174,000		2,855,283
	China Merchants Land Ltd.		7,804,000		547,339
	China Merchants Port Holdings Co. Ltd.		4,575,230		5,363,986
	China Merchants Property Operation & Service Co. Ltd., Class A		48,400		89,342
# * ††	China Metal Recycling Holdings Ltd.		2,401,686		0
#	China Modern Dairy Holdings Ltd.		10,694,000		1,088,619
	China National Accord Medicines Corp. Ltd., Class A		92,006		398,390
	China National Medicines Corp. Ltd., Class A		95,505		343,124
W	China New Higher Education Group Ltd.		1,994,000		457,297
*	China New Town Development Co. Ltd.		3,308,148		21,886
*	China Nonferrous Metal Industry’s Foreign Engineering & Construction Co. Ltd., Class A		401,000		245,871
*	China Oil & Gas Group Ltd.		23,578,000		736,225
	China Oilfield Services Ltd., Class H		2,884,000		3,246,573
	China Oriental Group Co. Ltd.		4,262,000		591,640
	China Overseas Grand Oceans Group Ltd.		7,737,434		2,185,837
	China Overseas Property Holdings Ltd.		4,970,000		3,127,957
	China Pioneer Pharma Holdings Ltd.		1,781,000		438,102
	China Power International Development Ltd.		18,883,333		5,457,077
* ††	China Properties Group Ltd.		2,045,000		20,269
	China Publishing & Media Co. Ltd., Class A		378,215		218,563
*	China Qinfa Group Ltd.		190,000		6,554
W	China Railway Signal & Communication Corp. Ltd., Class H		5,023,000		1,431,675
	China Railway Tielong Container Logistics Co. Ltd., Class A		220,800		157,240
*	China Rare Earth Holdings Ltd.		6,468,799		317,394
	China Reinsurance Group Corp., Class H		18,771,000		992,361
# W	China Renaissance Holdings Ltd.		721,600		547,068
	China Resources Cement Holdings Ltd.		9,482,000		3,427,420
	China Resources Medical Holdings Co. Ltd.		3,618,000		1,728,085
W	China Resources Pharmaceutical Group Ltd.		5,156,000		3,478,136
	China Risun Group Ltd.		3,430,000		1,210,015
	China Sanjiang Fine Chemicals Co. Ltd.		3,115,000		539,720
	China SCE Group Holdings Ltd.		5,911,200		305,364
	China Science Publishing & Media Ltd., Class A		175,900		179,429
# *	China Shanshui Cement Group Ltd.		30,000		6,509
#* W	China Shengmu Organic Milk Ltd.		11,703,000		387,208
	China Shineway Pharmaceutical Group Ltd.		1,378,200		828,243
#	China Shuifa Singyes Energy Holdings Ltd.		1,753,000		172,136
*	China Silver Group Ltd.		5,404,000		178,947
# *	China South City Holdings Ltd.		17,588,000		839,603
	China South Publishing & Media Group Co. Ltd., Class A		316,400		413,864
	China Starch Holdings Ltd.		7,505,000		171,901
	China State Construction International Holdings Ltd.		286,000		257,283
#	China Sunshine Paper Holdings Co. Ltd.		1,794,000		372,331
	China Suntien Green Energy Corp. Ltd., Class H		6,391,000		2,423,732
	China Taiping Insurance Holdings Co. Ltd.		6,240,600		4,321,878
	China Testing & Certification International Group Co. Ltd., Class A		163,993		238,160
*	China Tianbao Group Development Co. Ltd.		401,000		153,139

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
# *	China Tianrui Group Cement Co. Ltd.		256,000	$	192,310
	China Tianying, Inc., Class A		657,100		434,524
#	China Tobacco International HK Co. Ltd.		479,000		461,653
	China Traditional Chinese Medicine Holdings Co. Ltd.		10,816,000		4,675,191
*	China TransInfo Technology Co. Ltd., Class A		351,400		430,488
*	China Travel International Investment Hong Kong Ltd.		9,845,900		1,529,823
	China Tungsten & Hightech Materials Co. Ltd., Class A		177,400		350,362
* W	China Vast Industrial Urban Development Co. Ltd.		2,122,000		642,822
* ††	China Vered Financial Holding Corp. Ltd.		4,620,000		25,190
	China Water Affairs Group Ltd.		3,782,000		2,678,613
	China West Construction Group Co. Ltd., Class A		135,400		123,598
* ††	China Wood Optimization Holding Ltd.		1,748,000		37,589
	China World Trade Center Co. Ltd., Class A		169,977		316,859
	China XLX Fertiliser Ltd.		1,865,000		711,863
	China Yongda Automobiles Services Holdings Ltd.		2,988,500		1,340,482
* W	China Yuhua Education Corp. Ltd.		5,322,000		583,256
*	China Yurun Food Group Ltd.		1,208,000		43,837
# *	China ZhengTong Auto Services Holdings Ltd.		6,073,000		235,714
*	China Zhonghua Geotechnical Engineering Group Co. Ltd., Class A		387,600		151,982
# * ††	China Zhongwang Holdings Ltd.		8,794,400		352,912
	Chinasoft International Ltd.		9,542,000		6,322,273
*	Chindata Group Holdings Ltd., ADR		41,217		218,862
	Chinese Universe Publishing & Media Group Co. Ltd., Class A		311,600		364,833
	Chongqing Department Store Co. Ltd., Class A		124,000		337,980
*	Chongqing Dima Industry Co. Ltd., Class A		104,100		28,822
	Chongqing Fuling Electric Power Industrial Co. Ltd., Class A		221,088		374,404
*	Chongqing Iron & Steel Co. Ltd., Class H		1,428,000		110,909
	Chongqing Machinery & Electric Co. Ltd., Class H		4,630,000		280,082
	Chongqing Rural Commercial Bank Co. Ltd., Class H		8,561,000		2,594,844
	Chongqing Zaisheng Technology Corp. Ltd., Class A		193,120		137,770
	Chongqing Zongshen Power Machinery Co. Ltd., Class A		392,137		345,901
	Chongyi Zhangyuan Tungsten Industry Co. Ltd., Class A		213,700		192,373
	Chow Tai Seng Jewellery Co. Ltd., Class A		245,100		371,812
	Chu Kong Shipping Enterprises Group Co. Ltd.		1,366,000		121,707
	CIFI Ever Sunshine Services Group Ltd.		2,616,000		576,887
	CIFI Holdings Group Co. Ltd.		8,962,528		593,723
	CIMC Enric Holdings Ltd.		2,970,000		2,894,880
W	CIMC Vehicles Group Co. Ltd., Class H		19,000		11,997
	Cinda Real Estate Co. Ltd., Class A		782,200		441,657
	Cisen Pharmaceutical Co. Ltd., Class A		154,600		271,369
	CITIC Press Corp., Class A		2,200		5,651
	CITIC Resources Holdings Ltd.		11,660,600		512,345
	City Development Environment Co. Ltd., Class A		98,400		128,468
*	Citychamp Watch & Jewellery Group Ltd.		7,234,000		939,644
*	CMGE Technology Group Ltd.		1,000,000		156,744
	CMST Development Co. Ltd., Class A		585,300		368,297
*	CNFinance Holdings Ltd., ADR		46,227		78,586
	CNHTC Jinan Truck Co. Ltd., Class A		196,701		305,656
	CNSIG Inner Mongolia Chemical Industry Co. Ltd.		239,500		445,900
	COFCO Biotechnology Co. Ltd., Class A		280,300		309,862
	COFCO Joycome Foods Ltd.		7,856,000		1,650,060
	COFCO Sugar Holding Co. Ltd., Class A		155,600		141,328
* ††	Colour Life Services Group Co. Ltd.		1,927,604		114,188
	Comba Telecom Systems Holdings Ltd.		6,502,001		911,710
	Concord New Energy Group Ltd.		25,104,964		1,918,124
*	Confidence Intelligence Holdings Ltd.		54,000		271,390
	Consun Pharmaceutical Group Ltd.		2,281,000		854,382
	Contec Medical Systems Co. Ltd., Class A		89,512		295,256
# *	Continental Aerospace Technologies Holding Ltd.		22,083,722		222,141

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Coolpad Group Ltd.		18,540,000	$	174,985
	COSCO SHIPPING Development Co. Ltd., Class H		14,996,000		1,737,952
*	COSCO SHIPPING Energy Transportation Co. Ltd., Class H		1,412,000		1,028,549
#	COSCO SHIPPING International Hong Kong Co. Ltd.		3,405,000		993,423
	COSCO SHIPPING Ports Ltd.		7,743,121		3,818,452
*	Cosmopolitan International Holdings Ltd.		764,000		116,745
#	CPMC Holdings Ltd.		2,299,000		1,114,074
	CQ Pharmaceutical Holding Co. Ltd., Class A		375,000		262,509
# *	Crazy Sports Group Ltd.		10,687,579		255,823
	Crystal Clear Electronic Material Co. Ltd., Class A		96,035		211,780
*	CSG Smart Science&Technology Co. Ltd., Class A		67,600		63,640
	CSPC Innovation Pharmaceutical Co. Ltd., Class A		69,000		148,035
#	CSSC Hong Kong Shipping Co. Ltd.		2,770,000		348,712
	CSSC Science & Technology Co. Ltd., Class A		158,600		261,118
	CTS International Logistics Corp. Ltd., Class A		269,120		412,283
*	CWT International Ltd.		24,080,000		171,755
	Da Ming International Holdings Ltd.		880,000		196,418
W	Dali Foods Group Co. Ltd.		4,370,000		1,798,833
*	Dalian Bio-Chem Co. Ltd., Class A		60,476		137,669
	Dalian Huarui Heavy Industry Group Co. Ltd., Class A		476,300		357,223
	Dalipal Holdings Ltd.		1,198,000		369,486
	Dare Power Dekor Home Co. Ltd., Class A		112,600		120,673
	Dashang Co. Ltd., Class A		103,508		221,982
*	Datang International Power Generation Co. Ltd., Class H		5,314,000		676,228
	Dawnrays Pharmaceutical Holdings Ltd.		4,735,886		635,495
	Dazhong Transportation Group Co. Ltd., Class A		631,520		244,068
	Dazzle Fashion Co. Ltd., Class A		128,728		237,616
	DBG Technology Co. Ltd., Class A		213,483		278,621
	DeHua TB New Decoration Materials Co. Ltd., Class A		152,716		154,856
	Dexin China Holdings Co. Ltd.		2,041,000		176,987
#	Differ Group Auto Ltd.		11,704,000		2,340,725
	Digital China Group Co. Ltd., Class A		223,300		818,430
	Digital China Holdings Ltd.		3,170,500		1,255,654
	Digital China Information Service Co. Ltd., Class A		276,264		438,520
	Dongfang Electric Corp. Ltd., Class H		821,600		1,239,136
	Dongfang Electronics Co. Ltd., Class A		225,500		252,751
	Dongfeng Motor Group Co. Ltd., Class H		8,614,000		3,897,009
	Dongguan Aohai Technology Co. Ltd., Class A		35,400		192,906
#	Dongjiang Environmental Co. Ltd., Class H		780,375		205,880
	Dongyue Group Ltd.		4,980,000		4,322,050
# *	DouYu International Holdings Ltd., ADR		550,357		550,302
*	Duiba Group Ltd.		800		49
#	Dynagreen Environmental Protection Group Co. Ltd., Class H		1,777,000		487,159
	E-Commodities Holdings Ltd.		3,364,000		445,526
	Edan Instruments, Inc., Class A		174,700		295,752
	Edifier Technology Co. Ltd., Class A		196,500		218,025
	Edvantage Group Holdings Ltd.		724,945		163,470
	EEKA Fashion Holdings Ltd.		414,000		537,810
	EIT Environmental Development Group Co. Ltd., Class A		55,432		117,037
	Electric Connector Technology Co. Ltd., Class A		13,913		70,192
*	Elion Energy Co. Ltd., Class A		1,074,661		665,885
	Eoptolink Technology, Inc.Ltd., Class A		122,800		436,105
	Era Co. Ltd., Class A		208,900		125,012
#	Essex Bio-technology Ltd.		1,240,000		502,024
	Eternal Asia Supply Chain Management Ltd., Class A		640,400		459,049
#	EVA Precision Industrial Holdings Ltd.		4,606,435		604,283
	Everbright Jiabao Co. Ltd., Class A		647,600		231,198
*	EverChina International Holdings Co. Ltd.		13,660,000		292,509
* W	Everest Medicines Ltd.		445,000		350,711

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Fang Holdings Ltd., ADR		15,618	$	8,277
	Fangda Special Steel Technology Co. Ltd., Class A		575,000		449,646
#	Fanhua, Inc., Sponsored ADR		169,955		820,883
	Far East Horizon Ltd.		6,976,000		5,387,074
	FAWER Automotive Parts Co. Ltd., Class A		207,900		130,050
*	Feitian Technologies Co. Ltd., Class A		88,100		130,343
* W	Feiyu Technology International Co. Ltd.		1,153,500		33,894
	Fiberhome Telecommunication Technologies Co. Ltd., Class A		262,000		496,029
	Fibocom Wireless, Inc., Class A		123,427		317,274
*	FIH Mobile Ltd.		9,669,000		788,399
	Financial Street Holdings Co. Ltd., Class A		601,498		382,226
	Financial Street Property Co. Ltd., Class H		20,000		5,378
	FinVolution Group, ADR		376,583		1,634,370
	First Tractor Co. Ltd., Class H		1,033,176		415,530
	Foshan Nationstar Optoelectronics Co. Ltd., Class A		30,172		33,607
	Fosun International Ltd.		748,000		457,104
*	Founder Holdings Ltd.		160,000		7,139
	FriendTimes, Inc.		1,044,000		137,182
	Fu Shou Yuan International Group Ltd.		4,095,000		2,045,788
	Fufeng Group Ltd.		6,570,600		3,407,497
* ††	Fuguiniao Co. Ltd.		1,930,000		0
	Fujian Boss Software Development Co. Ltd., Class A		173,994		529,314
	Fujian Longking Co. Ltd., Class A		172,500		335,048
	Fujian Star-net Communication Co. Ltd., Class A		134,073		390,072
# *	Fullshare Holdings Ltd.		41,672,500		525,012
	Fulongma Group Co. Ltd., Class A		133,700		161,504
	Fulu Holdings Ltd.		233,500		122,028
	Fusen Pharmaceutical Co. Ltd.		141,000		16,992
*	Ganglong China Property Group Ltd.		38,000		9,918
	Gansu Jingyuan Coal Industry & Electricity Power Co. Ltd., Class A		797,700		343,978
	Gansu Qilianshan Cement Group Co. Ltd., Class A		149,233		197,498
	Gansu Shangfeng Cement Co. Ltd., Class A		225,361		309,550
	Gaona Aero Material Co. Ltd., Class A		1,200		8,796
	GCL New Energy Holdings Ltd.		1,322,100		89,267
*	GDS Holdings Ltd., Class A		1,423,800		1,589,176
	Gemdale Properties & Investment Corp. Ltd.		26,304,000		1,441,239
*	Gem-Year Industrial Co. Ltd., Class A		126,000		80,351
W	Genertec Universal Medical Group Co. Ltd.		4,196,500		1,754,176
*	Genimous Technology Co. Ltd., Class A		330,115		249,040
	Geovis Technology Co. Ltd., Class A		1,918		18,685
	GEPIC Energy Development Co. Ltd., Class A		193,100		133,418
	Getein Biotech, Inc., Class A		174,696		316,697
	Giant Network Group Co. Ltd., Class A		57,900		61,526
*	Glorious Property Holdings Ltd.		11,042,501		156,156
*	Glory Health Industry Ltd.		5,126,000		183,633
# *	Glory Sun Financial Group Ltd.		17,708,000		40,654
	Goke Microelectronics Co. Ltd., Class A		36,630		379,259
	Goldcard Smart Group Co. Ltd.		147,600		197,702
*	Golden Eagle Retail Group Ltd.		2,637,000		1,593,819
W	Golden Throat Holdings Group Co. Ltd.		863,500		181,758
	GoldenHome Living Co. Ltd., Class A		52,892		180,951
	Goldenmax International Group Ltd., Class A		117,100		127,958
	Goldlion Holdings Ltd.		1,322,962		188,864
	Goldpac Group Ltd.		1,374,000		222,076
# *	GOME Retail Holdings Ltd.		34,090,000		556,187
*	Gosuncn Technology Group Co. Ltd., Class A		352,291		158,976
*	Grand Baoxin Auto Group Ltd.		3,688,492		172,279
*	Grand Industrial Holding Group Co. Ltd.		106,700		121,550
#	Grand Pharmaceutical Group Ltd., Class L		4,069,500		1,741,318

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Grandblue Environment Co. Ltd., Class A		155,495	$	382,007
*	Grandjoy Holdings Group Co. Ltd., Class A		650,500		281,154
*	Greattown Holdings Ltd., Class A		778,800		335,818
	Greatview Aseptic Packaging Co. Ltd.		2,628,000		368,302
	Gree Real Estate Co. Ltd., Class A		436,440		335,559
	Greenland Hong Kong Holdings Ltd.		4,401,000		226,937
	Greentown China Holdings Ltd.		3,365,148		3,210,590
W	Greentown Management Holdings Co. Ltd.		1,776,000		1,016,726
#	Greentown Service Group Co. Ltd.		5,616,000		2,297,790
	Guangdong Advertising Group Co. Ltd., Class A		232,900		133,905
	Guangdong Aofei Data Technology Co. Ltd., Class A		225,200		287,955
	Guangdong Baolihua New Energy Stock Co. Ltd., Class A		585,600		431,406
*	Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A		200,900		286,452
*	Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A		455,500		266,957
	Guangdong Dongpeng Holdings Co. Ltd.		171,200		163,567
	Guangdong Dowstone Technology Co., Ltd., Class A		142,600		279,881
	Guangdong Ellington Electronics Technology Co. Ltd., Class A		197,000		185,844
	Guangdong Great River Smarter Logistics Co. Ltd., Class A		113,600		333,281
*	Guangdong Highsun Group Co. Ltd., Class A		256,300		76,958
	Guangdong Hongda Holdings Group Co. Ltd., Class A		17,825		66,687
*	Guangdong Huatie Tongda High-speed Railway Equipment Corp., Class A		324,900		171,892
	Guangdong Huiyun Tianium Industry Co. Ltd., Class A		70,200		95,904
	Guangdong Hybribio Biotech Co. Ltd., Class A		47,371		132,476
#	Guangdong Investment Ltd.		4,146,000		2,613,955
	Guangdong Land Holdings Ltd.		1,456,800		117,213
	Guangdong Provincial Expressway Development Co. Ltd., Class A		326,787		314,766
	Guangdong Shirongzhaoye Co. Ltd., Class A		333,100		235,042
	Guangdong Sirio Pharma Co. Ltd., Class A		6,200		23,139
	Guangdong South New Media Co. Ltd., Class A		56,100		244,850
	Guangdong Tapai Group Co. Ltd., Class A		239,500		221,597
	Guangdong Topstar Technology Co. Ltd., Class A		56,500		122,077
	Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A		169,630		372,020
	Guangdong Zhongnan Iron & Steel Co. Ltd., Class A		836,400		308,687
	Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A		166,200		484,122
*	Guangshen Railway Co. Ltd., Class H		6,028,000		784,289
	Guangxi Liugong Machinery Co. Ltd., Class A		494,020		395,312
	Guangxi LiuYao Group Co. Ltd., Class A		119,980		294,992
	Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A		920,480		342,167
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		602,000		1,342,996
	Guangzhou GRG Metrology & Test Co. Ltd., Class A		92,500		216,786
	Guangzhou Hi-Target Navigation Tech Co. Ltd., Class A		176,900		164,057
	Guangzhou Jet Biofiltration Co., Ltd., Class A		11,490		48,253
	Guangzhou KDT Machinery Co. Ltd., Class A		76,498		160,200
	Guangzhou Restaurant Group Co. Ltd., Class A		66,240		184,900
	Guangzhou Shangpin Home Collection Co. Ltd., Class A		17,951		44,783
	Guangzhou Wondfo Biotech Co. Ltd., Class A		61,900		256,027
	Guangzhou Zhujiang Brewery Co. Ltd., Class A		24,200		21,488
*	Guizhou Bailing Group Pharmaceutical Co. Ltd., Class A		326,400		297,624
	Guizhou Gas Group Corp. Ltd., Class A		223,900		229,287
	Guizhou Panjiang Refined Coal Co. Ltd., Class A		188,200		173,032
	Guizhou Xinbang Pharmaceutical Co. Ltd., Class A		393,900		278,473
#	Guolian Securities Co. Ltd., Class H		1,395,500		611,269
	Guomai Technologies, Inc., Class A		185,400		201,352
*	Guosheng Financial Holding, Inc., Class A		375,600		385,529
#* W	Haichang Ocean Park Holdings Ltd.		5,167,000		4,575,650
	Hailir Pesticides & Chemicals Group Co. Ltd., Class A		58,020		200,641
*	Hainan Development Holdings Nanhai Co. Ltd., Class A		194,300		261,386
*	Hainan Meilan International Airport Co. Ltd., Class H		689,000		1,070,112

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Hainan Poly Pharm Co. Ltd., Class A		88,400	$	320,564
	Hainan Strait Shipping Co. Ltd., Class A		370,150		237,266
	Haitian International Holdings Ltd.		2,506,000		5,017,409
W	Haitong UniTrust International Leasing Co. Ltd., Class H		524,000		31,729
*	Hand Enterprise Solutions Co. Ltd., Class A		189,200		232,544
	Hangcha Group Co. Ltd., Class A		239,388		539,255
	Hangxiao Steel Structure Co. Ltd., Class A		584,208		313,450
	Hangzhou Electronic Soul Network Technology Co. Ltd., Class A		27,900		76,418
	Hangzhou Haoyue Personal Care Co., Ltd., Class A		19,539		111,317
	Hangzhou Onechance Tech Corp., Class A		51,270		199,572
#* W	Harbin Bank Co. Ltd., Class H		1,742,000		58,817
	Harbin Boshi Automation Co. Ltd., Class A		272,200		570,827
# *	Harbin Electric Co. Ltd., Class H		3,143,413		1,061,306
*	Harbin Gloria Pharmaceuticals Co. Ltd., Class A		509,600		186,125
*	Harbin Pharmaceutical Group Co. Ltd., Class A		854,900		322,107
††	Harmonicare Medical Holdings Ltd.		2,321,000		113,098
	HBIS Resources Co. Ltd., Class A		181,600		234,298
* W	HBM Holdings Ltd.		1,037,000		118,717
*	HC Group, Inc.		1,971,000		63,280
	Health & Happiness H&H International Holdings Ltd.		861,000		811,790
*	Healthcare Co., Ltd., Class A		79,400		100,795
*	Hebei Construction Group Corp. Ltd., Class H		105,000		8,818
#	Hello Group, Inc., Sponsored ADR		613,582		2,883,835
	Henan Jindan Lactic Acid Technology Co. Ltd., Class A		38,800		115,440
	Henan Lingrui Pharmaceutical Co., Class A		160,300		317,409
	Henan Pinggao Electric Co. Ltd., Class A		342,000		336,273
*	Henan Senyuan Electric Co. Ltd., Class A		65,900		30,705
	Henan Thinker Automatic Equipment Co. Ltd., Class A		61,387		106,737
*	Henan Yicheng New Energy Co. Ltd., Class A		530,100		360,638
	Henan Yuguang Gold & Lead Co. Ltd., Class A		184,400		122,634
*	Henan Yuneng Holdings Co., Ltd., Class A		144,700		100,093
	Henan Zhongyuan Expressway Co. Ltd., Class A		907,923		330,837
	Henderson Investment Ltd.		2,432,000		77,500
	Hengan International Group Co. Ltd.		2,254,500		8,741,258
# *	Hengdeli Holdings Ltd.		12,009,399		374,315
	Hexing Electrical Co. Ltd., Class A		181,690		437,046
*	Hi Sun Technology China Ltd.		9,243,000		890,825
	Hisense Home Appliances Group Co. Ltd., Class H		1,535,000		1,270,026
*	Holitech Technology Co. Ltd., Class A		776,200		282,586
*	Hongda Xingye Co. Ltd., Class A		712,200		320,472
*	Honghua Group Ltd.		13,583,000		337,382
*	Hongli Zhihui Group Co. Ltd., Class A		165,600		164,877
*††W	Honworld Group Ltd.		1,105,500		81,064
W	Hope Education Group Co. Ltd.		9,156,000		565,662
#	Hopson Development Holdings Ltd.		3,195,815		2,562,028
††	Hua Han Health Industry Holdings Ltd.		20,183,698		144,763
* W	Hua Hong Semiconductor Ltd.		2,229,000		5,221,293
*	Hua Yin International Holdings Ltd.		865,000		53,583
	Huaan Securities Co. Ltd., Class A		847,366		512,333
	Huadian Power International Corp. Ltd., Class H		4,732,000		1,421,132
*	Huafon Microfibre Shanghai Technology Co. Ltd.		475,200		244,615
	Huafu Fashion Co. Ltd., Class A		522,852		216,848
# *	Huanxi Media Group Ltd.		2,850,000		327,038
	Huapont Life Sciences Co. Ltd., Class A		498,900		359,272
*	Huawen Media Group, Class A		181,300		52,259
	Huaxi Holdings Co. Ltd.		560,000		84,962
#	Huazhong In-Vehicle Holdings Co. Ltd.		2,112,000		651,414
	Hubei Biocause Pharmaceutical Co. Ltd., Class A		664,869		262,499
	Huishang Bank Corp. Ltd., Class H		34,000		10,579

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Hunan Aihua Group Co. Ltd., Class A		132,187	$	437,933
*	Hunan Er-Kang Pharmaceutical Co. Ltd., Class A		208,900		90,933
	Hunan Gold Corp. Ltd., Class A		244,800		444,203
# *	HUYA, Inc., ADR		319,901		598,215
#*W	Hygeia Healthcare Holdings Co. Ltd.		1,052,600		4,558,756
*	Hytera Communications Corp. Ltd., Class A		439,400		317,477
*	HyUnion Holding Co. Ltd., Class A		258,400		272,008
*	IAT Automobile Technology Co. Ltd., Class A		31,800		50,356
*	IBO Technology Co. Ltd.		784,000		195,662
* W	iDreamSky Technology Holdings Ltd.		2,198,400		827,287
	IKD Co. Ltd., Class A		76,800		199,570
W	IMAX China Holding, Inc.		406,500		233,931
	Infore Environment Technology Group Co. Ltd., Class A		392,300		250,861
#*W	Ingdan, Inc.		2,236,000		361,843
*	Inkeverse Group Ltd.		267,000		26,880
	Inmyshow Digital Technology Group Co. Ltd., Class A		460,900		379,731
	Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A		1,912,700		940,102
*	Inner Mongolia Xingye Mining Co. Ltd., Class A		372,400		293,741
	Inner Mongolia Yitai Coal Co. Ltd., Class H		538,700		642,125
*	Innuovo Technology Co. Ltd., Class A		364,600		325,633
*	Inspur International Ltd.		1,856,000		394,541
*	Inspur Software Co. Ltd., Class A		10,900		21,319
	Intco Medical Technology Co. Ltd., Class A		148,027		432,040
#*W	International Alliance Financial Leasing Co. Ltd.		2,040,000		1,104,429
#	Intron Technology Holdings Ltd.		355,000		147,451
# *	iQIYI, Inc., ADR		784,425		1,584,538
	IReader Technology Co. Ltd., Class A		103,700		203,208
*	IRICO Group New Energy Co. Ltd., Class H		107,700		96,812
	IVD Medical Holding Ltd.		208,000		54,271
	Jack Technology Co. Ltd., Class A		137,400		367,397
* W	Jacobio Pharmaceuticals Group Co. Ltd.		254,100		112,131
	Jade Bird Fire Co. Ltd., Class A		88,180		301,250
	Jenkem Technology Co. Ltd., Class A		14,415		324,947
# *	JH Educational Technology, Inc.		1,052,000		149,252
*	Jiajiayue Group Co. Ltd., Class A		136,899		180,434
	Jiangling Motors Corp. Ltd., Class A		152,600		296,694
*	Jiangnan Group Ltd.		13,956,000		364,602
	Jiangshan Oupai Door Industry Co. Ltd., Class A		30,620		168,068
	Jiangsu Bioperfectus Technologies Co. Ltd., Class A		6,494		91,343
	Jiangsu Boqian New Materials Stock Co. Ltd., Class A		52,100		336,499
	Jiangsu Canlon Building Materials Co., Ltd., Class A		49,800		88,269
	Jiangsu Chuanzhiboke Education Technology Co. Ltd., Class A		22,300		50,373
*	Jiangsu Etern Co. Ltd., Class A		132,100		65,764
	Jiangsu Expressway Co. Ltd., Class H		2,168,000		1,529,181
	Jiangsu Guomao Reducer Co. Ltd., Class A		88,100		235,901
	Jiangsu Guotai International Group Co. Ltd., Class A		423,995		470,135
	Jiangsu Hengshun Vinegar Industry Co. Ltd., Class A		28,500		39,183
	Jiangsu Huahong Technology Stock Co. Ltd., Class A		93,700		186,525
	Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A		721,920		367,615
*	Jiangsu Kanion Pharmaceutical Co. Ltd., Class A		192,140		506,242
*	Jiangsu Leike Defense Technology Co. Ltd., Class A		231,407		159,835
*	Jiangsu Lihua Animal Husbandry Stock Co. Ltd., Class A		8,500		42,507
	Jiangsu Linyang Energy Co. Ltd., Class A		32,190		32,614
	Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A		93,500		259,110
	Jiangsu Provincial Agricultural Reclamation & Development Corp.		81,552		141,006
	Jiangsu Shagang Co. Ltd., Class A		490,300		261,469
	Jiangsu Sidike New Material Science & Technology Co. Ltd.,Class A		61,427		187,804
	Jiangsu Sopo Chemical Co., Class A		128,801		143,005
	Jiangsu ToLand Alloy Co. Ltd., Class A		41,950		311,572

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A		643,810	$	392,634
	Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A		1,256,600		435,606
	Jiangxi Bank Co. Ltd., Class H		325,000		34,810
	Jiangxi Huangshanghuang Group Food Co. Ltd., Class A		131,600		174,122
	Jiangxi Wannianqing Cement Co. Ltd., Class A		131,130		141,644
	Jiangxi Xinyu Guoke Technology Co. Ltd., Class A		36,204		139,670
*	Jiangxi Zhengbang Technology Co. Ltd., Class A		538,343		258,243
	Jiangzhong Pharmaceutical Co. Ltd., Class A		196,640		408,921
	Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A		189,534		131,199
*	Jiayin Group, Inc., ADR		20,615		49,270
	Jiayou International Logistics Co. Ltd., Class A		29,540		85,179
	Jilin Aodong Pharmaceutical Group Co. Ltd., Class A		228,400		432,944
*	Jilin Jiutai Rural Commercial Bank Corp. Ltd., Class H		133,703		37,133
*	Jilin Zixin Pharmaceutical Industrial Co. Ltd., Class A		436,800		147,981
#	Jinchuan Group International Resources Co. Ltd.		11,989,000		794,071
	Jinduicheng Molybdenum Co. Ltd., Class A		443,920		509,936
* ††	Jingrui Holdings Ltd.		2,219,000		125,089
	Jingwei Textile Machinery Co. Ltd., Class A		284,500		300,662
	Jinhui Liquor Co. Ltd., Class A		111,000		305,428
# *	JinkoSolar Holding Co. Ltd., ADR		157,507		7,478,432
*	Jinlei Technology Co. Ltd., Class A		43,600		283,054
*	Jinmao Property Services Co. Ltd.		122,779		37,595
	Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A		722,972		1,334,161
*	Jinneng Holding Shanxi Electric Power Co. Ltd., Class A		538,000		249,459
	Jinneng Science&Technology Co. Ltd., Class A		176,300		217,075
	Jinyuan EP Co. Ltd., Class A		145,600		263,014
# W	Jiumaojiu International Holdings Ltd.		1,949,000		3,063,161
	Jiuzhitang Co. Ltd., Class A		287,600		342,211
	JNBY Design Ltd.		762,000		600,170
*	Jointo Energy Investment Co. Ltd. Hebei, Class A		676,496		475,834
*	Joy City Property Ltd.		19,478,000		504,297
# *	Joy Spreader Group, Inc.		3,229,000		583,848
	Joyoung Co. Ltd., Class A		158,340		315,581
#	JOYY, Inc., ADR		63,257		1,595,974
ıW	JS Global Lifestyle Co. Ltd.		2,505,500		2,018,219
	JSTI Group, Class A		213,888		168,889
	Ju Teng International Holdings Ltd.		4,732,000		727,511
	Jushri Technologies, Inc., Class A		26,080		43,438
#* W	JW Cayman Therapeutics Co. Ltd.		276,000		98,458
	JY Grandmark Holdings Ltd.		431,000		68,018
*	Kaiser China Cultural Co. Ltd., Class A		278,000		171,183
*	Kaishan Group Co. Ltd., Class A		69,300		158,920
* W	Kangda International Environmental Co. Ltd.		3,143,000		236,267
	Kangji Medical Holdings Ltd.		616,000		497,547
*	Kasen International Holdings Ltd.		3,137,000		182,095
	Keda Industrial Group Co. Ltd., Class A		71,400		152,627
	Kehua Data Co. Ltd., Class A		3,600		21,088
*	Keshun Waterproof Technologies Co. Ltd., Class A		259,840		341,227
	Kinetic Development Group Ltd.		2,496,000		181,083
	Kingboard Holdings Ltd.		2,624,421		6,478,798
	Kingboard Laminates Holdings Ltd.		3,856,000		3,080,475
	KingClean Electric Co. Ltd., Class A		14,140		63,570
	Kingsoft Corp. Ltd.		3,307,600		10,015,883
*	Ko Yo Chemical Group Ltd.		808,000		18,326
	Konfoong Materials International Co. Ltd., Class A		4,105		49,569
	Konka Group Co. Ltd., Class A		409,684		273,479
	KPC Pharmaceuticals, Inc., Class A		259,500		559,030
	Kunlun Energy Co. Ltd.		12,020,000		7,183,987
	Kunlun Tech Co. Ltd., Class A		250,655		447,961

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Kunming Yunnei Power Co. Ltd., Class A		333,300	$	121,320
*	Kunshan Kersen Science & Technology Co. Ltd., Class A		167,800		161,253
*	Kunwu Jiuding Investment Holdings Co. Ltd., Class A		78,245		154,460
	KWG Group Holdings Ltd.		4,971,450		481,099
	KWG Living Group Holdings Ltd.		3,815,225		359,300
*	Lakala Payment Co. Ltd., Class A		162,100		326,086
	Lanzhou Lishang Guochao Industrial Group Co. Ltd., Class A		310,200		270,708
	Lao Feng Xiang Co. Ltd., Class A		38,400		202,254
	Laobaixing Pharmacy Chain JSC, Class A		43,031		207,425
*	Launch Tech Co. Ltd., Class H		20,000		5,931
	Lee & Man Chemical Co. Ltd.		920,785		583,897
	Lee & Man Paper Manufacturing Ltd.		5,074,000		1,538,286
	Lee’s Pharmaceutical Holdings Ltd.		1,146,000		201,591
W	Legend Holdings Corp., Class H		1,703,100		1,431,563
*	Leo Group Co. Ltd., Class A		1,533,542		360,496
*	LexinFintech Holdings Ltd., ADR		397,731		540,914
	Leyard Optoelectronic Co. Ltd., Class A		582,800		450,653
	Liao Ning Oxiranchem, Inc., Class A		97,100		106,944
	Liaoning Port Co. Ltd., Class H		650,000		48,856
	Lier Chemical Co. Ltd., Class A		168,180		420,046
*	Lifestyle China Group Ltd.		1,804,000		128,759
*	Lifetech Scientific Corp.		15,084,000		4,733,415
*	LingNan Eco&Culture-Tourism Co. Ltd., Class A		408,100		144,128
	Lingyuan Iron & Steel Co. Ltd., Class A		490,702		138,271
* ††	Link Motion, Inc., Sponsored ADR		690,534		0
	Liuzhou Iron & Steel Co. Ltd., Class A		559,680		259,901
#	Livzon Pharmaceutical Group, Inc., Class H		669,103		1,751,350
	LK Technology Holdings Ltd.		1,266,500		1,146,582
	Logan Group Co. Ltd.		507,000		20,582
	Loncin Motor Co. Ltd., Class A		724,300		513,909
	Long Well International Holdings Ltd.		15,232,000		42,884
	Long Yuan Construction Group Co. Ltd., Class A		398,400		295,460
	Longhua Technology Group Luoyang Co. Ltd., Class A		171,400		162,854
	Lonking Holdings Ltd.		9,491,000		1,305,747
	Luenmei Quantum Co. Ltd., Class A		273,312		233,529
	Luolai Lifestyle Technology Co. Ltd., Class A		144,040		185,814
*	Luoniushan Co. Ltd., Class A		181,128		156,656
	Luoxin Pharmaceuticals Group Stock Co. Ltd., Class A		247,500		259,740
# *	Luoyang Glass Co. Ltd., Class H		784,000		707,211
	Lushang Health Industry Development Co. Ltd., Class A		227,000		202,978
* W	Luye Pharma Group Ltd.		6,966,500		1,693,515
# *	LVGEM China Real Estate Investment Co. Ltd.		1,712,000		163,630
	Maanshan Iron & Steel Co. Ltd., Class H		4,056,048		650,715
	Maccura Biotechnology Co. Ltd., Class A		132,661		354,641
* W	Maoyan Entertainment		1,525,600		889,724
*	Maoye International Holdings Ltd.		3,854,000		99,180
*	Markor International Home Furnishings Co. Ltd., Class A		520,780		184,289
	Mayinglong Pharmaceutical Group Co. Ltd., Class A		136,525		428,356
#*W	Meitu, Inc.		8,058,500		697,777
	M-Grass Ecology & Environment Group Co. Ltd., Class A		39,000		16,777
W	Midea Real Estate Holding Ltd.		217,600		152,052
	Min Xin Holdings Ltd.		730,000		280,955
#	Ming Yuan Cloud Group Holdings Ltd.		1,542,000		710,216
*	Mingfa Group International Co. Ltd.		4,181,000		209,818
	Minmetals Land Ltd.		8,218,000		465,422
W	Minsheng Education Group Co. Ltd.		780,000		42,690
	Minth Group Ltd.		2,963,000		5,842,632
	MLS Co. Ltd., Class A		322,200		368,686
*	MMG Ltd.		10,862,999		2,142,041

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Monalisa Group Co. Ltd., Class A		93,400	$	159,642
*	Montnets Cloud Technology Group Co. Ltd., Class A		73,670		113,975
	MYS Group Co. Ltd., Class A		215,887		102,204
* ††	Nan Hai Corp. Ltd.		24,100,000		80,746
	NanJi E-Commerce Co. Ltd., Class A		534,600		326,951
	Nanjing Chervon Auto Precision Technology Co. Ltd., Class A		20,700		64,417
	Nanjing Hanrui Cobalt Co. Ltd., Class A		36,500		200,638
*	Nanjing Sample Technology Co. Ltd., Class H		111,500		41,065
	Nanjing Xinjiekou Department Store Co. Ltd., Class A		224,500		256,959
	Nanjing Yunhai Special Metals Co. Ltd., Class A		164,900		427,796
	Natural Food International Holding Ltd., Class H		314,000		15,201
	NetDragon Websoft Holdings Ltd.		973,500		1,634,634
	Netjoy Holdings Ltd.		120,000		13,757
* W	New Century Healthcare Holding Co. Ltd.		35,000		3,843
	New Hope Dairy Co. Ltd., Class A		23,600		33,332
*	New World Department Store China Ltd.		1,787,462		127,560
*	Newborn Town, Inc.		264,000		40,214
	Newland Digital Technology Co. Ltd., Class A		251,800		475,622
#	Nexteer Automotive Group Ltd.		3,410,000		1,845,638
	Nine Dragons Paper Holdings Ltd.		6,261,000		3,710,687
	Ningbo BaoSi Energy Equipment Co. Ltd., Class A		111,814		94,479
	Ningbo Haitian Precision Machinery Co. Ltd., Class A		55,500		214,914
	Ningbo Huaxiang Electronic Co. Ltd., Class A		181,338		352,851
*	Ningbo Jifeng Auto Parts Co. Ltd., Class A		48,600		77,069
	Ningbo Sanxing Medical Electric Co. Ltd., Class A		23,400		44,172
	Ningbo Yunsheng Co. Ltd., Class A		340,100		463,470
	Ningxia Jiaze New Energy Co. Ltd., Class A		574,100		303,128
*	Niu Technologies, Sponsored ADR		109,628		287,225
# *	Noah Holdings Ltd., Sponsored ADR		114,353		1,500,311
	Norinco International Cooperation Ltd., Class A		350,186		375,630
	North Huajin Chemical Industries Co. Ltd., Class A		342,500		315,150
	Northeast Pharmaceutical Group Co. Ltd., Class A		218,903		155,963
	Northeast Securities Co. Ltd., Class A		437,410		380,883
	Northking Information Technology Co. Ltd., Class A		99,966		468,033
	NSFOCUS Technologies Group Co. Ltd., Class A		196,548		304,398
# *	NVC International Holdings Ltd.		1,770,000		21,707
	Ocean’s King Lighting Science & Technology Co. Ltd., Class A		102,380		116,581
*	Oceanwide Holdings Co. Ltd., Class A		1,587,777		245,989
* W	Ocumension Therapeutics		96,500		88,945
	Offshore Oil Engineering Co. Ltd., Class A		251,067		161,651
	Olympic Circuit Technology Co. Ltd., Class C		123,835		284,422
	Opple Lighting Co. Ltd., Class A		104,330		224,944
	ORG Technology Co. Ltd., Class A		660,320		429,395
*	Orient Group, Inc., Class A		758,900		260,456
	Oriental Energy Co. Ltd., Class A		345,700		389,674
*	Ourpalm Co. Ltd., Class A		789,500		316,448
*	Overseas Chinese Town Asia Holdings Ltd.		950,183		96,801
	Pacific Online Ltd.		1,798,365		183,206
*	Pacific Securities Co. Ltd., Class A		1,476,371		512,836
	Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A		150,858		375,792
	PAX Global Technology Ltd.		2,990,000		2,349,896
	PCI Technology Group Co. Ltd., Class A		396,540		308,908
* W	Peijia Medical Ltd.		830,000		687,586
	People.cn Co. Ltd., Class A		103,000		134,757
#	Perennial Energy Holdings Ltd.		1,325,000		107,947
	PharmaBlock Sciences Nanjing, Inc., Class A		17,200		207,636
	PhiChem Corp., Class A		161,226		376,746
*	Phoenix Media Investment Holdings Ltd.		6,320,000		233,460
#*W	Ping An Healthcare & Technology Co. Ltd.		1,341,700		2,481,629

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	PNC Process Systems Co. Ltd., Class A		51,500	$	276,835
*	Polaris Bay Group Co. Ltd., Class A		155,400		145,928
	Poly Property Group Co. Ltd.		9,430,500		1,477,688
#	Poly Property Services Co. Ltd., Class H		493,200		1,824,303
	Pou Sheng International Holdings Ltd.		10,648,806		536,382
	Powerlong Real Estate Holdings Ltd.		80,000		6,529
#	Prinx Chengshan Holding Ltd.		149,000		129,053
*	Pujiang International Group Ltd.		288,000		78,849
# *	PW Medtech Group Ltd.		3,468,000		290,333
# *	Q Technology Group Co. Ltd.		1,718,000		678,325
	Qianhe Condiment & Food Co. Ltd., Class A		229,196		491,197
	Qingdao East Steel Tower Stock Co. Ltd., Class A		182,800		200,826
	Qingdao Eastsoft Communication Technology Co. Ltd., Class A		158,122		292,709
	Qingdao Gon Technology Co. Ltd., Class A		87,300		308,356
	Qingdao Hanhe Cable Co. Ltd., Class A		820,300		557,156
	Qingdao Hiron Commercial Cold Chain Co. Ltd., Class A		46,153		173,385
# W	Qingdao Port International Co. Ltd., Class H		461,000		193,300
	Qingdao Rural Commercial Bank Corp., Class A		832,400		316,071
	Qingdao Topscomm Communication, Inc., Class A		182,700		224,124
	Qingling Motors Co. Ltd., Class H		3,834,000		430,521
	Qinhuangdao Port Co. Ltd., Class H		2,885,500		356,568
*	Qudian, Inc., Sponsored ADR		96,525		80,116
#	Radiance Holdings Group Co. Ltd.		90,000		37,179
	Rainbow Digital Commercial Co. Ltd., Class A		356,250		244,125
*	Raisecom Technology Co. Ltd., Class A		133,429		129,649
*	Rastar Group, Class A		295,400		115,506
	Realcan Pharmaceutical Group Co. Ltd., Class A		513,200		294,235
W	Red Star Macalline Group Corp. Ltd., Class H		1,138,720		287,781
#*W	Redco Properties Group Ltd.		5,560,000		1,182,653
*	Redsun Properties Group Ltd.		1,312,000		75,469
* W	Remegen Co. Ltd., Class H		230,000		1,447,381
	Renhe Pharmacy Co. Ltd., Class A		409,700		355,087
	REXLot Holdings Ltd.		98,652,252		49,014
	Rianlon Corp., Class A		37,450		316,399
	Richinfo Technology Co. Ltd., Class A		101,800		267,723
*	RiseSun Real Estate Development Co. Ltd., Class A		982,152		269,883
#	Road King Infrastructure Ltd.		1,160,000		331,120
	Rongan Property Co. Ltd., Class A		916,500		328,081
	Ruida Futures Co. Ltd., Class A		60,000		110,999
	Runjian Co. Ltd., Class A		50,400		256,745
	Sai Micro Electronics, Inc., Class A		70,100		166,633
*	SanFeng Intelligent Equipment Group Co. Ltd., Class A		321,008		156,818
	Sanquan Food Co. Ltd., Class A		186,300		359,226
	Sansteel Minguang Co. Ltd. Fujian, Class A		582,194		335,473
	Sansure Biotech, Inc., Class A		76,320		266,812
	Sanxiang Impression Co. Ltd., Class A		36,100		15,816
	Sany Heavy Equipment International Holdings Co. Ltd.		4,353,000		3,569,669
*	Saurer Intelligent Technology Co. Ltd., Class A		417,200		165,827
*	Seazen Group Ltd.		7,440,571		1,195,202
#	S-Enjoy Service Group Co. Ltd.		922,000		422,596
	Shaan Xi Provincial Natural Gas Co. Ltd., Class A		446,990		463,422
	Shaanxi Construction Machinery Co. Ltd., Class A		134,660		83,325
	Shandong Bohui Paper Industrial Co. Ltd., Class A		222,303		198,956
*	Shandong Chenming Paper Holdings Ltd., Class H		1,649,750		466,607
	Shandong Dawn Polymer Co. Ltd., Class A		71,300		170,149
	Shandong Dongyue Organosilicon Material Co. Ltd., Class A		19,000		32,388
	Shandong Head Group Co. Ltd., Class A		68,160		223,798
	Shandong Himile Mechanical Science & Technology Co. Ltd., Class A		4,300		14,933
# *	Shandong Hi-Speed New Energy Group Ltd.		59,768,570		403,597

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Shandong Humon Smelting Co. Ltd., Class A		230,600	$	293,087
	Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A		40,300		132,083
*	Shandong Minhe Animal Husbandry Co. Ltd., Class A		68,500		150,265
*	Shandong Molong Petroleum Machinery Co. Ltd., Class H		752,400		239,736
	Shandong New Beiyang Information Technology Co. Ltd., Class A		207,300		218,316
	Shandong Pharmaceutical Glass Co. Ltd., Class A		45,600		172,516
	Shandong Publishing & Media Co. Ltd., Class A		303,000		246,657
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		6,050,400		8,336,151
#	Shandong Xinhua Pharmaceutical Co. Ltd., Class H		582,400		280,817
	Shanghai 2345 Network Holding Group Co. Ltd., Class A		1,366,956		388,041
	Shanghai AJ Group Co. Ltd., Class A		426,800		304,394
	Shanghai AtHub Co. Ltd., Class A		77,900		278,261
	Shanghai Baolong Automotive Corp., Class A		24,400		138,465
	Shanghai Belling Co. Ltd., Class A		121,146		301,716
	Shanghai Bright Power Semiconductor Co. Ltd., Class A		13,939		193,211
	Shanghai Daimay Automotive Interior Co. Ltd., Class A		94,439		203,490
	Shanghai Environment Group Co. Ltd., Class A		184,073		221,521
	Shanghai Fengyuzhu Culture & Technology Co. Ltd., Class A		205,282		287,508
	Shanghai Fudan Microelectronics Group Co. Ltd., Class H		787,000		3,404,022
#	Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd., Class H		1,155,000		379,658
	Shanghai Fullhan Microelectronics Co., Ltd., Class A		20,800		147,823
	Shanghai Ganglian E-Commerce Holdings Co. Ltd., Class A		40,600		108,986
	Shanghai Hanbell Precise Machinery Co. Ltd., Class A		83,000		303,101
# W	Shanghai Haohai Biological Technology Co. Ltd., Class H		145,900		489,130
	Shanghai Industrial Development Co. Ltd., Class A		447,650		180,172
	Shanghai Industrial Holdings Ltd.		1,829,000		1,784,771
	Shanghai Industrial Urban Development Group Ltd.		11,071,000		627,111
	Shanghai Jinqiao Export Processing Zone Development Co. Ltd., Class A		179,421		249,004
	Shanghai Kindly Medical Instruments Co. Ltd., Class H		82,800		283,206
	Shanghai Liangxin Electrical Co. Ltd., Class A		162,565		250,969
	Shanghai Maling Aquarius Co. Ltd., Class A		310,225		285,687
	Shanghai Mechanical & Electrical Industry Co. Ltd., Class A		134,034		209,830
	Shanghai MicroPort Endovascular MedTech Group Co. Ltd., Class A		15,743		482,322
	Shanghai Moons’ Electric Co. Ltd., Class A		76,760		290,813
	Shanghai Pharmaceuticals Holding Co. Ltd., Class H		593,300		804,076
	Shanghai Pudong Construction Co. Ltd., Class A		391,992		359,724
	Shanghai QiFan Cable Co. Ltd., Class A		42,500		163,656
	Shanghai Rongtai Health Technology Corp. Ltd., Class A		19,300		50,012
*	Shanghai Runda Medical Technology Co. Ltd., Class A		32,500		48,393
	Shanghai Shyndec Pharmaceutical Co. Ltd., Class A		332,033		410,272
	Shanghai Sinyang Semiconductor Materials Co. Ltd., Class A		41,900		176,300
	Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A		127,300		150,063
	Shanghai Tunnel Engineering Co. Ltd., Class A		81,350		58,072
	Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A		184,300		290,337
	Shanghai Weaver Network Co. Ltd., Class A		39,329		271,231
	Shanghai Yaoji Technology Co. Ltd., Class A		71,600		130,470
	Shanghai Yongguan Adhesive Products Corp. Ltd., Class A		26,000		79,554
	Shanghai Zijiang Enterprise Group Co. Ltd., Class A		238,400		163,277
	Shanxi Blue Flame Holding Co. Ltd., Class A		189,900		218,880
	Shanxi Coking Co. Ltd., Class A		437,317		321,733
	Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A		308,400		586,301
	Shanying International Holding Co. Ltd., Class A		1,207,015		384,150
*	Shengda Resources Co. Ltd., Class A		221,907		293,277
	Shenguan Holdings Group Ltd.		1,628,000		53,931
	Shengyuan Environmental Protection Co. Ltd., Class A		62,200		142,780
	Shenyang Xingqi Pharmaceutical Co. Ltd., Class A		21,100		302,788
	Shenzhen Agricultural Products Group Co. Ltd., Class A		473,032		332,308
	Shenzhen Airport Co. Ltd., Class A		609,400		527,594
	Shenzhen Aisidi Co. Ltd., Class A		254,900		349,074

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
*	Shenzhen Bauing Construction Holding Group Co. Ltd., Class A		272,700	$	169,733
*	Shenzhen Center Power Tech Co. Ltd., Class A		76,600		196,545
	Shenzhen Cereals Holdings Co. Ltd., Class A		51,400		48,523
	Shenzhen Changhong Technology Co. Ltd., Class A		139,800		364,654
	Shenzhen Colibri Technologies Co. Ltd., Class A		17,400		40,123
*	Shenzhen Das Intellitech Co. Ltd., Class A		657,611		293,216
	Shenzhen Desay Battery Technology Co., Class A		92,288		629,809
	Shenzhen Envicool Technology Co. Ltd., Class A		69,860		325,647
*	Shenzhen Everwin Precision Technology Co. Ltd., Class A		307,518		497,434
	Shenzhen Expressway Corp. Ltd., Class H		2,710,400		1,945,779
	Shenzhen Fine Made Electronics Group Co. Ltd., Class A		42,068		234,875
	Shenzhen Fortune Trend Technology Co. Ltd., Class A		20,787		256,865
	Shenzhen Gongjin Electronics Co. Ltd., Class A		192,000		234,768
	Shenzhen H&T Intelligent Control Co. Ltd., Class A		97,100		196,772
# W	Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H		522,000		327,124
	Shenzhen Heungkong Holding Co. Ltd., Class A		1,466,160		337,229
	Shenzhen International Holdings Ltd.		5,434,792		3,655,772
	Shenzhen Investment Holdings Bay Area Development Co. Ltd.		33,500		6,195
	Shenzhen Investment Ltd.		13,309,720		1,813,448
	Shenzhen Jieshun Science & Technology Industry Co. Ltd., Class A		157,634		167,276
	Shenzhen Jinjia Group Co. Ltd., Class A		309,800		305,541
	Shenzhen Jufei Optoelectronics Co. Ltd., Class A		179,300		102,992
	Shenzhen Kingdom Sci-Tech Co. Ltd., Class A		206,800		339,114
	Shenzhen Laibao Hi-tech Co. Ltd., Class A		63,500		67,587
	Shenzhen Leaguer Co. Ltd., Class A		119,000		126,930
	Shenzhen Megmeet Electrical Co. Ltd., Class A		132,228		460,100
	Shenzhen Microgate Technology Co. Ltd., Class A		188,700		208,360
*	Shenzhen MTC Co. Ltd., Class A		786,800		372,701
*	Shenzhen Neptunus Bioengineering Co. Ltd., Class A		567,300		256,020
*	Shenzhen New Nanshan Holding Group Co. Ltd., Class A		264,600		109,938
	Shenzhen Noposion Agrochemicals Co. Ltd., Class A		186,200		132,255
	Shenzhen Properties & Resources Development Group Ltd., Class A		76,600		96,820
*	Shenzhen SDG Information Co. Ltd., Class A		42,320		36,865
	Shenzhen Sunline Tech Co. Ltd., Class A		229,100		418,575
	Shenzhen Sunnypol Optoelectronics Co. Ltd., Class A		43,608		213,207
	Shenzhen Suntak Circuit Technology Co. Ltd., Class A		299,700		437,366
	Shenzhen Sunway Communication Co. Ltd., Class A		205,882		473,751
	Shenzhen Tagen Group Co. Ltd., Class A		317,710		223,871
	Shenzhen Weiguang Biological Products Co. Ltd., Class A		5,600		20,058
	Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A		256,400		225,496
*	Shenzhen World Union Group, Inc., Class A		613,800		210,697
	Shenzhen Yan Tian Port Holding Co. Ltd., Class A		342,768		214,343
	Shenzhen Yinghe Technology Co. Ltd., Class A		14,100		38,512
	Shenzhen Ysstech Info-tech Co. Ltd., Class A		238,000		276,061
	Shenzhen Zhenye Group Co. Ltd., Class A		410,400		206,258
	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A		1,072,800		566,623
*	Shijiazhuang Changshan BeiMing Technology Co. Ltd., Class A		362,300		311,413
††	Shimao Group Holdings Ltd.		1,317,500		557,235
	Shinva Medical Instrument Co. Ltd., Class A		138,680		522,433
	Shoucheng Holdings Ltd.		9,427,600		1,715,937
	Shougang Fushan Resources Group Ltd.		8,357,128		2,263,914
*	Shouhang High-Tech Energy Co. Ltd., Class A		719,800		353,565
	Shui On Land Ltd.		13,955,143		1,279,834
	Sichuan Expressway Co. Ltd., Class H		4,042,000		834,573
	Sichuan Furong Technology Co. Ltd., Class A		55,070		113,505
*	Sichuan Haite High-tech Co. Ltd., Class A		124,976		153,202
	Sichuan Jiuyuan Yinhai Software Co. Ltd., Class A		133,900		319,280
*	Sichuan Lutianhua Co. Ltd., Class A		246,800		153,103
	Sichuan Shuangma Cement Co. Ltd., Class A		176,637		488,669

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Sichuan Tianyi Comheart Telecom Co. Ltd., Class A		90,600	$	208,401
#	Sihuan Pharmaceutical Holdings Group Ltd.		14,226,000		1,212,720
*	Silver Grant International Holdings Group Ltd.		6,192,000		307,251
W	Simcere Pharmaceutical Group Ltd.		1,647,000		1,827,749
# *	Sinco Pharmaceuticals Holdings Ltd.		1,976,000		61,187
* ††	Sinic Holdings Group Co. Ltd., Class H		235,000		2,808
	Sino Wealth Electronic Ltd., Class A		69,405		297,093
	Sinocare, Inc., Class A		109,600		564,601
	Sinochem International Corp., Class A		391,600		371,374
	Sinofert Holdings Ltd.		9,033,327		897,072
* ††	Sino-I Technology Ltd.		3,950,000		7,548
*	Sinolink Worldwide Holdings Ltd.		15,827,440		333,488
	Sinoma International Engineering Co., Class A		21,100		24,760
	Sinomach Automobile Co. Ltd., Class A		342,600		355,621
	Sino-Ocean Group Holding Ltd.		12,465,000		826,584
	Sinopec Engineering Group Co. Ltd., Class H		6,117,500		2,187,521
	Sinopec Kantons Holdings Ltd.		4,414,000		1,192,043
*	Sinopec Oilfield Service Corp., Class H		8,470,000		507,036
	Sinopec Shanghai Petrochemical Co. Ltd., Class H		12,030,000		1,578,081
	Sinopharm Group Co. Ltd., Class H		3,677,200		6,976,059
	Sino-Platinum Metals Co. Ltd., Class A		113,142		232,643
	Sinoseal Holding Co. Ltd., Class A		39,200		226,785
	Sinosoft Co. Ltd., Class A		117,121		497,504
*	Sinosoft Technology Group Ltd.		2,214,599		91,802
	Sinosteel Engineering & Technology Co. Ltd., Class A		304,000		218,357
	Sinotrans Ltd., Class H		8,418,000		2,049,808
#	Sinotruk Hong Kong Ltd.		2,630,500		2,345,077
	Skyworth Group Ltd.		6,138,266		2,251,578
††	SMI Holdings Group Ltd.		6,033,814		72,102
	Sobute New Materials Co. Ltd.		59,005		118,553
*	SOHO China Ltd.		7,927,500		1,162,096
*	Sohu.com Ltd., ADR		28,593		404,877
*	Solargiga Energy Holdings Ltd.		6,367,000		188,957
	Sonoscape Medical Corp., Class A		27,100		212,210
# *	South Manganese Investment Ltd.		2,312,000		139,962
*	So-Young International, Inc., ADR		83,482		42,576
	SSY Group Ltd.		5,857,152		2,425,574
*	Strawbear Entertainment Group		15,000		2,311
	Sumavision Technologies Co. Ltd., Class A		346,900		235,780
	Sun Art Retail Group Ltd.		7,009,000		1,115,119
*	Sun King Technology Group Ltd.		4,158,000		735,506
	Sun-Create Electronics Co. Ltd., Class A		65,390		261,837
	Sunflower Pharmaceutical Group Co. Ltd., Class A		124,322		393,620
	Sunfly Intelligent Technology Co. Ltd., Class A		101,700		131,700
	Suning Universal Co. Ltd., Class A		486,700		201,704
* †† W	Sunshine 100 China Holdings Ltd.		635,000		22,448
*	Sunward Intelligent Equipment Co. Ltd., Class A		187,550		157,877
	Suofeiya Home Collection Co. Ltd., Class A		94,200		180,548
	Suplet Power Co. Ltd., Class A		53,691		387,247
	Suzhou Anjie Technology Co. Ltd., Class A		162,399		287,819
*	Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A		575,700		347,679
	Suzhou Good-Ark Electronics Co. Ltd., Class A		181,300		315,795
	Suzhou Secote Precision Electronic Co. Ltd., Class A		47,200		237,436
	Suzhou SLAC Precision Equipment Co. Ltd., Class A		92,600		271,571
	Suzhou TFC Optical Communication Co. Ltd., Class A		137,000		530,747
#	SY Holdings Group Ltd.		712,000		492,494
	Symphony Holdings Ltd.		7,140,000		790,914
*	SYoung Group Co. Ltd., Class A		44,200		67,888
	T&S Communications Co. Ltd., Class A		66,437		151,207

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Taiji Computer Corp. Ltd., Class A		168,856	$	625,752
*	Talkweb Information System Co. Ltd., Class A		185,000		187,821
*	Tangrenshen Group Co. Ltd., Class A		249,427		241,342
	TangShan Port Group Co. Ltd., Class A		1,514,711		521,536
	Tangshan Sanyou Chemical Industries Co. Ltd., Class A		308,900		241,289
	Tansun Technology Co. Ltd., Class A		93,325		184,581
	TCL Electronics Holdings Ltd.		3,348,347		1,279,276
††	Tech-Pro, Inc.		43,862,000		71,523
	Telling Telecommunication Holding Co. Ltd., Class A		193,500		234,874
	Ten Pao Group Holdings Ltd.		660,000		105,209
	Tenfu Cayman Holdings Co. Ltd.		306,000		190,958
	Three Squirrels, Inc., Class A		73,700		171,004
	Three’s Co. Media Group Co. Ltd., Class A		24,641		235,327
	Tian An China Investment Co. Ltd.		1,719,000		806,008
W	Tian Ge Interactive Holdings Ltd.		1,843,000		136,659
#	Tian Lun Gas Holdings Ltd.		1,185,500		424,351
* ††	Tian Shan Development Holding Ltd.		1,844,000		347,087
	Tiande Chemical Holdings Ltd.		156,000		38,695
	Tiangong International Co. Ltd.		4,308,000		1,195,905
	Tianjin Capital Environmental Protection Group Co. Ltd., Class H		1,632,000		548,600
	Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A		570,000		551,848
	Tianjin Development Holdings Ltd.		2,246,000		363,226
	Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A		120,400		457,033
#	Tianjin Port Development Holdings Ltd.		11,696,800		700,704
	Tianjin Ringpu Bio-Technology Co. Ltd., Class A		44,835		123,362
	Tianjin Teda Co. Ltd., Class A		244,600		129,768
#	Tianneng Power International Ltd.		2,966,048		2,853,818
* ††	Tianyun International Holdings Ltd.		1,794,000		262,256
	Tibet Cheezheng Tibetan Medicine Co. Ltd., Class A		42,700		139,205
	Tibet Rhodiola Pharmaceutical Holding Co., Class A		46,400		236,743
	Tibet Tianlu Co. Ltd., Class A		122,100		74,702
*	Tibet Water Resources Ltd.		9,150,000		484,421
	Tomson Group Ltd.		2,541,054		440,034
	Tong Ren Tang Technologies Co. Ltd., Class H		2,440,000		1,252,112
*	Tongcheng Travel Holdings Ltd.		3,327,600		5,194,145
*	Tongdao Liepin Group		502,800		437,399
	Tonghua Dongbao Pharmaceutical Co. Ltd., Class A		245,400		297,271
*	Tonghua Golden-Horse Pharmaceutical Industry Co. Ltd., Class A		170,100		125,979
	Tongling Jingda Special Magnet Wire Co. Ltd., Class A		363,380		212,237
	Tongyu Heavy Industry Co. Ltd., Class A		957,253		332,510
	Top Spring International Holdings Ltd.		1,539,500		128,092
	Topsec Technologies Group, Inc., Class A		237,127		366,362
W	Topsports International Holdings Ltd.		3,532,000		1,780,966
#	Towngas Smart Energy Co. Ltd.		4,570,818		1,600,902
*	TPV Technology Co. Ltd., Class A		1,095,200		310,488
	Transfar Zhilian Co. Ltd., Class A		369,541		250,542
	TravelSky Technology Ltd., Class H		3,352,000		4,874,252
*	Trigiant Group Ltd.		4,284,000		190,562
* ††	Trony Solar Holdings Co. Ltd.		1,757,000		0
	TRS Information Technology Corp. Ltd., Class A		170,100		277,257
	Truking Technology Ltd., Class A		68,500		157,948
	Truly International Holdings Ltd.		6,217,573		759,886
W	Tsaker New Energy Tech Co. Ltd.		1,314,500		175,830
*	Tunghsu Optoelectronic Technology Co. Ltd., Class A		970,900		246,551
*	Tuniu Corp., Sponsored ADR		148,809		102,678
	Unilumin Group Co. Ltd., Class A		335,700		278,263
	Uni-President China Holdings Ltd.		5,102,000		3,767,925
	United Energy Group Ltd.		29,828,900		2,885,769
	United Strength Power Holdings Ltd.		188,000		247,847

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
††	Untrade.CTEG		18,320,000	$	148,900
	Valiant Co. Ltd., Class A		209,551		398,759
	VanJee Technology Co. Ltd., Class A		7,200		19,881
	Vats Liquor Chain Store Management JSC Ltd., Class A		89,000		266,597
	Vatti Corp. Ltd., Class A		188,447		146,474
W	VCredit Holdings Ltd.		159,400		53,429
* W	Venus MedTech Hangzhou, Inc., Class H		144,500		177,978
	Victory Giant Technology Huizhou Co. Ltd., Class A		227,600		419,383
	Vinda International Holdings Ltd.		1,444,000		2,708,078
*	Viomi Technology Co. Ltd., ADR		37,442		32,200
*	Vipshop Holdings Ltd., ADR		604,615		4,214,167
	Visual China Group Co. Ltd., Class A		126,800		176,279
* W	Viva Biotech Holdings		2,995,000		453,886
*	Vnet Group, Inc., ADR		396,255		1,660,308
*	Wanbangde Pharmaceutical Holding Group Co. Ltd., Class A		89,400		118,747
	Wangneng Environment Co. Ltd., Class A		94,545		235,404
	Wangsu Science & Technology Co. Ltd., Class A		594,400		439,695
	Wanguo International Mining Group Ltd.		112,000		27,568
	Want Want China Holdings Ltd.		132,000		86,709
	Wanxiang Qianchao Co. Ltd., Class A		74,708		50,845
	Wasion Holdings Ltd.		2,402,000		636,009
	Wasu Media Holding Co. Ltd., Class A		403,424		378,829
*	Weibo Corp., Sponsored ADR		4,978		56,351
*	Weibo Corp., Class A		11,640		133,789
	Weifu High-Technology Group Co. Ltd., Class A		35,703		84,215
# * W	Weimob, Inc.		4,346,000		1,527,859
	Weiqiao Textile Co., Class H		1,974,000		274,296
*	Wellhope Foods Co. Ltd., Class A		343,680		535,590
	West China Cement Ltd.		9,470,000		856,489
	Wharf Holdings Ltd.		1,192,000		3,413,286
	Winning Health Technology Group Co. Ltd., Class A		261,900		348,247
*	Wison Engineering Services Co. Ltd.		1,334,000		46,052
	WPG Shanghai Smart Water PCL, Class A		56,000		67,300
	Wuhan Fingu Electronic Technology Co. Ltd., Class A		165,100		216,362
*	Wuhan P&S Information Technology Co. Ltd., Class A		405,100		242,243
*	Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A		97,386		381,444
	Wuhu Token Science Co. Ltd., Class A		74,700		64,056
#	Wuling Motors Holdings Ltd.		1,010,000		82,279
	Wushang Group Co. Ltd., Class A		234,382		303,492
	Wuxi Boton Technology Co. Ltd., Class A		86,152		157,744
	Wuxi Taiji Industry Co. Ltd., Class A		465,900		342,028
	Wuxi Xinje Electric Co. Ltd., Class A		33,200		192,803
*	XGD, Inc., Class A		155,100		292,468
W	Xiabuxiabu Catering Management China Holdings Co. Ltd.		1,777,000		917,176
	Xiamen Comfort Science & Technology Group Co. Ltd., Class A		182,400		204,307
	Xiamen International Airport Co. Ltd., Class A		20,400		40,242
	Xiamen Intretech, Inc., Class A		152,770		361,216
	Xiamen ITG Group Corp. Ltd., Class A		489,000		417,390
*	Xiamen Jihong Technology Co. Ltd., Class A		42,200		72,878
	Xiamen Kingdomway Group Co., Class A		140,400		323,667
*	Xi’an Tian He Defense Technology Co. Ltd., Class A		41,200		58,454
	Xiandai Investment Co. Ltd., Class A		421,994		223,958
	Xianhe Co. Ltd., Class A		12,281		40,963
	Xilinmen Furniture Co. Ltd., Class A		115,900		351,724
*	Xinchen China Power Holdings Ltd.		162,000		5,682
	Xinfengming Group Co. Ltd., Class A		239,100		266,265
	Xingda International Holdings Ltd.		5,961,861		1,155,166
	Xingfa Aluminium Holdings Ltd.		481,000		424,311
	Xinhua Winshare Publishing & Media Co. Ltd., Class H		1,968,103		1,188,913

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Xinhuanet Co. Ltd., Class A		120,800	$	251,888
	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		256,000		221,826
	Xinjiang Xintai Natural Gas Co. Ltd., Class A		86,188		241,961
*	Xinjiang Xinxin Mining Industry Co. Ltd., Class H		1,094,000		108,569
	Xinte Energy Co. Ltd., Class H		1,056,000		2,060,143
	Xinxiang Chemical Fiber Co. Ltd., Class A		158,600		67,370
	Xinxing Ductile Iron Pipes Co. Ltd., Class A		605,500		288,141
	Xinyangfeng Agricultural Technology Co. Ltd., Class A		113,000		171,084
	Xinyi Energy Holdings Ltd.		5,855,923		1,491,544
	Xinyu Iron & Steel Co. Ltd., Class A		474,300		232,403
#	Xtep International Holdings Ltd.		5,102,218		4,676,557
*	Xunlei Ltd., ADR		212,469		210,790
W	Yadea Group Holdings Ltd.		4,400,000		6,718,272
*	YaGuang Technology Group Co. Ltd., Class A		278,300		236,373
*	Yanchang Petroleum International Ltd.		12,940,000		67,551
W	Yangtze Optical Fibre & Cable Joint Stock Ltd. Co., Class H		530,500		1,122,161
	Yankershop Food Co. Ltd., Class A		30,795		369,857
	Yantai Changyu Pioneer Wine Co. Ltd., Class A		36,600		135,884
	Yantai China Pet Foods Co. Ltd., Class A		70,300		189,954
	Yantai Dongcheng Pharmaceutical Co. Ltd., Class A		173,113		412,381
	Yantai Eddie Precision Machinery Co. Ltd., Class A		142,392		277,329
	Yantai Tayho Advanced Materials Co. Ltd., Class A		156,934		363,010
	Yantai Zhenghai Bio-tech Co. Ltd.		40,450		228,554
*	Yantai Zhenghai Magnetic Material Co. Ltd., Class A		131,600		221,683
*	Yashili International Holdings Ltd.		5,168,000		724,849
*	Yeahka Ltd.		17,200		39,213
#	Yeebo International Holdings Ltd.		232,000		84,256
	YGSOFT, Inc., Class A		312,360		285,343
	Yibin Tianyuan Group Co. Ltd., Class A		131,200		122,086
# * W	YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H		808,600		448,038
*	Yida China Holdings Ltd.		1,148,000		32,816
*	Yifan Pharmaceutical Co. Ltd., Class A		265,766		398,056
#	Yihai International Holding Ltd.		1,661,000		2,737,228
	Yijiahe Technology Co. Ltd., Class A		64,876		310,626
*	Yincheng International Holding Co. Ltd.		462,000		81,256
	Yipinhong Pharmaceutical Co. Ltd., Class A		95,180		361,933
	Yip’s Chemical Holdings Ltd.		1,386,000		459,035
*	Yiren Digital Ltd., Sponsored ADR		220,957		178,312
# * W	Yixin Group Ltd.		1,892,500		149,350
	Yixintang Pharmaceutical Group Co. Ltd., Class A		123,400		469,644
	Yotrio Group Co. Ltd., Class A		677,800		307,589
*	Youzu Interactive Co. Ltd., Class A		266,200		282,798
*	Yuan Heng Gas Holdings Ltd.		3,516,000		176,925
	Yuexiu Property Co. Ltd.		5,545,456		4,732,243
	Yuexiu Transport Infrastructure Ltd.		4,226,018		1,654,138
	Yusys Technologies Co. Ltd., Class A		144,200		343,952
	ZBOM Home Collection Co. Ltd., Class A		100,588		287,887
	Zepp Health Corp., ADR		24,510		30,147
# *	Zhaojin Mining Industry Co. Ltd., Class H		3,867,000		3,186,164
	Zhe Jiang Li Zi Yuan Food Co. Ltd., Class A		58,248		131,907
	Zhejiang Communications Technology Co. Ltd.		463,200		327,532
	Zhejiang Conba Pharmaceutical Co. Ltd., Class A		612,900		351,640
	ZheJiang Dali Technology Co. Ltd., Class A		23,018		43,040
#	Zhejiang Expressway Co. Ltd., Class H		5,774,000		3,579,534
	Zhejiang Garden Bio-Chemical High-tech Co. Ltd., Class A		145,800		292,058
# * ††	Zhejiang Glass Co. Ltd., Class H		445,000		0
	Zhejiang Hailiang Co. Ltd., Class A		17,281		27,455
	Zhejiang Hangmin Co. Ltd., Class A		354,400		342,874
	Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A		430,830		395,149

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
CHINA — (Continued)
	Zhejiang Huace Film & Television Co. Ltd., Class A		617,000	$	355,192
	Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A		287,800		333,528
	Zhejiang Jianfeng Group Co. Ltd., Class A		24,600		37,249
	Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A		116,829		359,423
*	Zhejiang Jingu Co. Ltd., Class A		346,600		297,389
	Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A		287,760		519,349
*	Zhejiang Jinke Tom Culture Industry Co. Ltd., Class A		983,168		410,097
	Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A		123,600		287,382
	Zhejiang Medicine Co. Ltd., Class A		327,500		513,283
	Zhejiang Meida Industrial Co. Ltd., Class A		206,440		284,505
	Zhejiang Orient Financial Holdings Group Co. Ltd., Class A		644,961		323,090
*	Zhejiang Qianjiang Motorcycle Co. Ltd., Class A		93,100		245,049
	Zhejiang Runtu Co. Ltd., Class A		306,134		307,469
	Zhejiang Semir Garment Co. Ltd., Class A		572,400		351,966
	Zhejiang Southeast Space Frame Co. Ltd., Class A		201,700		180,226
	Zhejiang Starry Pharmaceutical Co. Ltd., Class A		76,720		183,208
	Zhejiang Tiantie Industry Co. Ltd., Class A		171,744		247,597
	Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A		104,805		332,583
*	Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A		801,520		739,025
*	Zhejiang Wanliyang Co. Ltd., Class A		323,670		333,730
	Zhejiang Wanma Co. Ltd., Class A		233,200		289,449
	Zhejiang Windey Co. Ltd., Class A		86,500		213,477
	Zhejiang Xianju Pharmaceutical Co. Ltd., Class A		222,600		314,230
	Zhejiang Yankon Group Co. Ltd., Class A		95,500		40,753
	Zhejiang Yasha Decoration Co. Ltd., Class A		389,600		228,845
	Zhejiang Yinlun Machinery Co. Ltd., Class A		132,900		224,815
	Zhende Medical Co. Ltd., Class A		27,693		176,025
#	Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H		1,046,000		896,778
*	Zhong An Group Ltd.		13,063,800		307,286
* W	ZhongAn Online P&C Insurance Co. Ltd., Class H		1,960,300		3,654,169
	Zhongshan Broad Ocean Motor Co. Ltd., Class A		586,600		435,022
	Zhongshan Public Utilities Group Co. Ltd., Class A		438,100		389,686
*	Zhongtian Financial Group Co. Ltd., Class A		1,461,176		280,569
#	Zhongyu Energy Holdings Ltd.		2,066,306		1,537,781
W	Zhou Hei Ya International Holdings Co. Ltd.		3,346,000		1,473,704
*	Zhuguang Holdings Group Co. Ltd.		7,108,000		580,459
	Zhuhai Bojay Electronics Co. Ltd., Class A		26,646		130,310
	Zhuhai Huafa Properties Co. Ltd., Class A		346,280		405,898
*	Zhuhai Orbita Aerospace Science & Technology Co. Ltd., Class A		172,200		179,297
TOTAL CHINA					782,873,630
COLOMBIA — (0.1%)
	Banco de Bogota SA		4,139		21,790
	Bolsa de Valores de Colombia		63,819		99,241
	Celsia SA ESP		1,835,444		1,031,305
	Cementos Argos SA		839,349		565,939
*	CEMEX Latam Holdings SA		765,979		651,402
*	Corp. Financiera Colombiana SA		268,889		876,562
	Grupo Argos SA		77,734		161,331
	Grupo Aval Acciones y Valores SA, ADR		4,190		9,302
	Mineros SA		243,330		82,773
	Promigas SA ESP		10,240		9,019
TOTAL COLOMBIA					3,508,664
GREECE — (0.4%)
*	Aegean Airlines SA		137,813		680,921
	Athens Water Supply & Sewage Co. SA		102,231		727,928
	Autohellas Tourist & Trading SA		62,316		696,512

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
GREECE — (Continued)
	Bank of Greece		115,124	$	1,837,498
	ElvalHalcor SA		87,057		123,222
	Epsilon Net SA		8,900		47,143
	Fourlis Holdings SA		134,999		353,460
	GEK Terna Holding Real Estate Construction SA		253,934		2,417,334
	Hellenic Exchanges - Athens Stock Exchange SA		149,334		462,284
	Holding Co. ADMIE IPTO SA		297,838		493,288
	Intracom Holdings SA		131,176		210,097
*	LAMDA Development SA		145,034		878,722
	Motor Oil Hellas Corinth Refineries SA		24,547		421,890
	Piraeus Port Authority SA		26,723		423,771
	Quest Holdings SA		45,701		182,219
	Sarantis SA		131,589		824,875
	Terna Energy SA		91,994		1,709,635
	Thrace Plastics Holding & Co.		10,140		37,838
	Titan Cement International SA		30,576		341,696
TOTAL GREECE					12,870,333
HONG KONG — (0.0%)
* ††	Anxin-China Holdings Ltd.		16,347,000		0
* ††	C Fiber Optic		9,639,999		0
* ††	China Animal Healthcare Ltd.		3,671,000		0
* ††	China Common Rich Renewable Energy Investments Ltd.		17,084,000		0
* ††	DBA Telecommunication (Asia) Holdings Ltd.		876,000		0
*	Kai Yuan Holdings Ltd.		11,360,000		26,054
* ††	Karce Co. Ltd.		1,336,000		0
	My Medicare		6,950,000		38,160
* ††	Real Gold Mining Ltd.		300,500		0
*	Realord Group Holdings Ltd.		268,000		314,435
*	Taung Gold International Ltd.		29,340,000		85,863
* ††	Tenwow International Holdings Ltd.		4,023,000		0
*	Tongda Group Holdings Ltd.		14,795,000		139,477
*	Untrade.Lumena Newmat		363,249		0
* ††	Youyuan International Holdings Ltd.		2,698,070		0
TOTAL HONG KONG					603,989
HUNGARY — (0.0%)
	Magyar Telekom Telecommunications PLC		52,018		37,353
*	Opus Global Nyrt		302,678		86,921
	Richter Gedeon Nyrt		62,801		1,242,250
TOTAL HUNGARY					1,366,524
INDIA — (19.2%)
*	3i Infotech Ltd.		34,614		18,317
	Aarti Drugs Ltd.		110,812		642,947
	Aarti Industries Ltd.		452,888		3,817,714
	Aarti Pharmalabs Ltd.		113,222		518,665
*	Aavas Financiers Ltd.		7,808		190,323
	Abbott India Ltd.		15,291		3,539,529
	Accelya Solutions India Ltd.		3,300		51,371
	Action Construction Equipment Ltd.		64,420		240,850
	Adani Enterprises Ltd.		132,085		5,349,994
*	Adani Green Energy Ltd.		65,429		1,666,826
*	Adani Power Ltd.		1,298,946		5,278,915
	Adani Total Gas Ltd.		47,761		2,101,817
*	Adani Transmission Ltd.		257,725		10,446,809
	ADF Foods Ltd.		2,577		22,145
*	Aditya Birla Capital Ltd.		1,042,109		1,469,281

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Advanced Enzyme Technologies Ltd.		159,570	$	548,236
	Aegis Logistics Ltd.		508,694		1,912,705
	AGI Greenpac Ltd.		36,450		145,624
	Agro Tech Foods Ltd.		54,802		509,842
	Ahluwalia Contracts India Ltd.		33,616		177,617
	AIA Engineering Ltd.		176,351		5,759,750
	Ajanta Pharma Ltd.		150,573		2,336,827
	Akzo Nobel India Ltd.		43,658		1,124,379
	Alembic Ltd.		269,593		230,284
	Alembic Pharmaceuticals Ltd.		194,229		1,291,312
	Alkyl Amines Chemicals		47,896		1,714,418
	Allcargo Logistics Ltd.		216,315		1,131,165
*	Alok Industries Ltd.		3,273,901		612,010
	Amara Raja Batteries Ltd.		210,978		1,302,775
*	Amber Enterprises India Ltd.		7,262		181,524
	Amrutanjan Health Care Ltd.		18,616		165,293
	Anant Raj Ltd.		206,283		284,063
	Andhra Paper Ltd.		12,953		77,258
	Andhra Sugars Ltd.		121,872		207,828
	Angel One Ltd.		23,208		448,931
	Apar Industries Ltd.		23,756		430,539
	Apcotex Industries Ltd.		14,629		86,696
	APL Apollo Tubes Ltd.		310,593		4,052,718
	Apollo Tyres Ltd.		1,117,624		3,920,832
	Aptech Ltd.		6,495		25,311
*	Arvind Fashions Ltd.		202,670		904,924
*	Arvind Ltd.		529,933		595,368
*	Arvind SmartSpaces Ltd.		24,563		74,299
	Asahi India Glass Ltd.		343,399		2,563,868
	Ashiana Housing Ltd.		55,991		107,032
*	Ashoka Buildcon Ltd.		369,747		330,960
	Asian Granito India Ltd.		85,705		58,217
	Astec Lifesciences Ltd.		11,396		298,151
* W	Aster DM Healthcare Ltd.		171,605		513,363
	Astra Microwave Products Ltd.		138,699		509,377
	Astral Ltd.		33,632		828,338
	AstraZeneca Pharma India Ltd.		14,856		592,258
	Atul Ltd.		55,580		5,679,275
W	AU Small Finance Bank Ltd.		152,487		1,087,080
	Automotive Axles Ltd.		16,733		397,243
	Avanti Feeds Ltd.		152,187		812,105
	Bajaj Consumer Care Ltd.		328,559		632,674
	Bajaj Electricals Ltd.		2,695		38,045
*	Bajaj Hindusthan Sugar Ltd.		1,836,605		228,750
	Bajaj Holdings & Investment Ltd.		40,838		3,282,258
	Balaji Amines Ltd.		42,978		1,573,581
	Balkrishna Industries Ltd.		2,049		48,697
	Balmer Lawrie & Co. Ltd.		230,549		315,752
	Balrampur Chini Mills Ltd.		429,065		1,642,753
	Banco Products India Ltd.		49,687		115,352
	Bank of India		839,490		610,418
	Bank of Maharashtra		986,206		243,126
	Bannari Amman Sugars Ltd.		12,765		432,426
	BASF India Ltd.		45,733		1,587,330
	Bata India Ltd.		145,073		3,193,916
	Bayer CropScience Ltd.		13,354		752,981
	BEML Ltd.		49,660		944,765
	BEML Ltd.		48,307		218,812
*	BF Utilities Ltd.		59,511		280,863

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Bhansali Engineering Polymers Ltd.		228,412	$	301,731
	Bharat Bijlee Ltd.		5,189		150,744
	Bharat Dynamics Ltd.		65,479		755,842
	Bharat Electronics Ltd.		2,342,148		3,029,659
	Bharat Forge Ltd.		349,672		3,511,826
	Bharat Heavy Electricals Ltd.		2,493,752		2,229,934
	Bharat Rasayan Ltd.		3,159		419,059
	Birla Corp. Ltd.		94,933		1,066,730
	Birlasoft Ltd.		444,621		1,456,584
*	Black Box Ltd.		12,574		24,218
	Bliss Gvs Pharma Ltd.		106,354		97,404
	Blue Dart Express Ltd.		17,602		1,615,806
	Blue Star Ltd.		104,671		1,563,992
	Bodal Chemicals Ltd.		82,131		80,247
	Bombay Burmah Trading Co.		28,681		303,385
*	Bombay Dyeing & Manufacturing Co. Ltd.		270,409		266,178
*	Borosil Ltd.		10,433		52,924
*	Borosil Renewables Ltd.		125,180		852,266
	Brigade Enterprises Ltd.		308,439		1,865,464
	Brightcom Group Ltd.		65,381		26,023
	BSE Ltd.		229,927		1,642,261
*	Camlin Fine Sciences Ltd.		124,059		237,056
	Can Fin Homes Ltd.		159,590		1,010,074
*	Capacit’e Infraprojects Ltd.		57,331		110,694
	Caplin Point Laboratories Ltd.		72,924		638,905
	Carborundum Universal Ltd.		262,115		2,700,141
	Care Ratings Ltd.		53,698		318,120
	Castrol India Ltd.		566,471		855,778
	CCL Products India Ltd.		278,029		1,688,541
	Ceat Ltd.		86,455		1,611,146
*	Central Bank of India Ltd.		613,272		151,121
	Central Depository Services India Ltd.		196,430		2,912,731
	Century Enka Ltd.		23,231		119,101
	Century Plyboards India Ltd.		204,878		1,488,512
	Century Textiles & Industries Ltd.		142,158		1,468,342
	Cera Sanitaryware Ltd.		17,394		1,163,536
	CESC Ltd.		2,163,177		2,007,411
*	CG Power & Industrial Solutions Ltd.		315,782		993,579
*	Chalet Hotels Ltd.		13,713		60,504
	Chambal Fertilisers & Chemicals Ltd.		549,880		2,173,593
	Chennai Petroleum Corp. Ltd.		157,831		397,368
††	Chennai Super Kings Cricket Ltd.		1,658,632		8,454
	Cholamandalam Financial Holdings Ltd.		393,015		2,984,736
	Cholamandalam Investment & Finance Co. Ltd.		32,514		279,933
	Cigniti Technologies Ltd.		17,056		128,105
	City Union Bank Ltd.		1,316,807		2,955,677
W	Cochin Shipyard Ltd.		69,239		448,683
* W	Coffee Day Enterprises Ltd.		294,818		172,401
	Coforge Ltd.		86,587		3,981,559
	Computer Age Management Services Ltd.		43,580		1,343,262
	Container Corp. of India Ltd.		107,056		1,031,014
	Coromandel International Ltd.		386,151		4,487,404
	Cosmo First Ltd.		17,181		152,250
*	CreditAccess Grameen Ltd.		74,300		876,323
	CRISIL Ltd.		58,234		2,110,003
	Crompton Greaves Consumer Electricals Ltd.		1,633,503		7,149,511
*	CSB Bank Ltd.		83,201		228,628
	Cummins India Ltd.		225,207		3,663,252
	Cyient Ltd.		175,072		1,586,990

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
*	D B Realty Ltd.		128,165	$	158,411
	Dalmia Bharat Ltd.		142,898		2,757,807
	Dalmia Bharat Sugar & Industries Ltd.		18,178		69,667
	DB Corp. Ltd.		91,735		126,397
	DCB Bank Ltd.		793,332		1,034,668
	DCM Shriram Ltd.		130,253		1,646,919
	DCW Ltd.		242,758		175,797
	Deepak Fertilisers & Petrochemicals Corp. Ltd.		187,415		2,189,469
	Deepak Nitrite Ltd.		110,590		3,094,543
	Delta Corp. Ltd.		446,857		1,206,224
*	DEN Networks Ltd.		277,502		110,782
*	Dhampur Bio Organics Ltd.		121,578		239,477
	Dhampur Sugar Mills Ltd.		99,655		238,998
*	Dhani Services Ltd.		954,221		655,528
	Dhanuka Agritech Ltd.		43,376		382,122
W	Dilip Buildcon Ltd.		141,880		370,360
*	Dish TV India Ltd.		3,313,643		636,659
*	Dishman Carbogen Amcis Ltd.		194,853		233,470
	Dixon Technologies India Ltd.		84,327		4,606,947
	Dollar Industries Ltd.		20,031		121,003
W	Dr Lal PathLabs Ltd.		101,801		3,149,897
*	DRC Systems India Ltd.		21,540		7,421
	Dwarikesh Sugar Industries Ltd.		115,381		124,212
	Dynamatic Technologies Ltd.		3,861		112,315
	eClerx Services Ltd.		98,101		1,563,811
	Edelweiss Financial Services Ltd.		1,598,778		1,119,776
	EID Parry India Ltd.		253,753		1,916,124
*	EIH Associated Hotels		7,709		46,315
*	EIH Ltd.		592,462		1,386,175
	Electrosteel Castings Ltd.		1,066,740		517,487
	Elgi Equipments Ltd.		526,947		3,089,695
	Emami Ltd.		436,992		2,522,538
W	Endurance Technologies Ltd.		50,432		825,644
	Engineers India Ltd.		716,970		608,947
	EPL Ltd.		222,082		413,273
* W	Equitas Small Finance Bank Ltd.		351,490		213,178
W	Eris Lifesciences Ltd.		86,680		774,442
	ESAB India Ltd.		6,485		264,724
	Escorts Kubota Ltd.		65,710		1,614,957
*	Eveready Industries India Ltd.		9,462		33,495
	Everest Industries Ltd.		5,686		61,162
	Everest Kanto Cylinder Ltd.		28,491		37,478
	Excel Industries Ltd.		7,725		111,062
	Exide Industries Ltd.		1,080,287		2,161,794
*	FDC Ltd.		172,443		650,138
	Federal Bank Ltd.		5,370,459		8,537,661
*	Federal-Mogul Goetze India Ltd.		19,259		74,728
	FIEM Industries Ltd.		8,676		168,153
	Filatex India Ltd.		127,280		154,177
	Fine Organic Industries Ltd.		8,143		565,747
	Finolex Cables Ltd.		264,201		1,657,988
	Finolex Industries Ltd.		955,420		1,550,827
	Firstsource Solutions Ltd.		984,127		1,234,991
	Force Motors Ltd.		8,398		138,638
*	Fortis Healthcare Ltd.		1,720,585		5,777,317
	Gabriel India Ltd.		234,396		433,982
	Galaxy Surfactants Ltd.		12,936		453,765
*	Ganesh Housing Corp. Ltd.		6,901		28,723
	Garden Reach Shipbuilders & Engineers Ltd.		32,522		175,665

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Garware Technical Fibres Ltd.		35,738	$	1,512,912
	Gateway Distriparks Ltd.		978,876		861,903
*	Gati Ltd.		95,449		202,279
*	GE T&D India Ltd.		196,502		304,732
W	General Insurance Corp. of India		11,497		17,226
	Genus Power Infrastructures Ltd.		135,367		145,367
	Geojit Financial Services Ltd.		27,742		16,098
	GHCL Ltd.		182,273		1,423,088
	GIC Housing Finance Ltd.		81,968		132,461
	Gillette India Ltd.		17,560		1,093,763
	GlaxoSmithKline Pharmaceuticals Ltd.		41,567		693,556
	Glenmark Pharmaceuticals Ltd.		486,775		2,368,320
	GMM Pfaudler Ltd.		16,740		373,949
*	GMR Airports Infrastructure Ltd.		4,522,064		2,047,688
	Godawari Power & Ispat Ltd.		73,133		234,118
	Godfrey Phillips India Ltd.		48,483		871,520
W	Godrej Agrovet Ltd.		38,292		231,783
*	Godrej Industries Ltd.		178,284		927,151
	Goodyear India Ltd.		8,680		106,758
	Granules India Ltd.		480,026		2,163,647
	Graphite India Ltd.		94,696		403,805
	Grauer & Weil India Ltd.		43,156		47,773
	Gravita India Ltd.		16,173		71,915
	Great Eastern Shipping Co. Ltd.		307,104		2,059,550
	Greaves Cotton Ltd.		321,516		588,859
	Greenlam Industries Ltd.		24,742		94,954
	Greenpanel Industries Ltd.		64,267		287,235
	Greenply Industries Ltd.		97,847		205,148
	Grindwell Norton Ltd.		105,759		2,721,177
	Gujarat Alkalies & Chemicals Ltd.		106,190		1,149,800
	Gujarat Ambuja Exports Ltd.		243,558		744,041
	Gujarat Fluorochemicals Ltd.		132,935		6,079,642
	Gujarat Industries Power Co. Ltd.		176,262		177,922
	Gujarat Mineral Development Corp. Ltd.		193,216		330,830
	Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		239,481		2,055,001
	Gujarat Pipavav Port Ltd.		967,972		1,003,893
	Gujarat State Fertilizers & Chemicals Ltd.		454,863		678,877
	Gujarat State Petronet Ltd.		781,576		2,137,157
	Gulf Oil Lubricants India Ltd.		50,156		250,333
	Happiest Minds Technologies Ltd.		25,947		304,329
*	Hathway Cable & Datacom Ltd.		1,004,778		194,323
	Hatsun Agro Product Ltd.		105,358		1,217,445
	HBL Power Systems Ltd.		200,199		253,700
*	HealthCare Global Enterprises Ltd.		37,943		132,870
	HEG Ltd.		27,718		354,156
	HeidelbergCement India Ltd.		205,805		477,020
	Heritage Foods Ltd.		51,381		186,822
	Hester Biosciences Ltd.		11,620		277,975
	HFCL Ltd.		2,094,768		2,084,350
	HG Infra Engineering Ltd.		25,519		175,094
	Hikal Ltd.		178,461		711,395
	HIL Ltd.		14,909		513,532
	Himadri Speciality Chemical Ltd.		539,750		675,773
	Himatsingka Seide Ltd.		66,016		74,296
	Hinduja Global Solutions Ltd.		72,357		1,069,523
	Hindustan Aeronautics Ltd.		8,128		248,353
*	Hindustan Construction Co. Ltd.		2,513,458		429,763
	Hindustan Copper Ltd.		281,976		351,447
*	Hindustan Oil Exploration Co. Ltd.		190,919		317,850

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Hindware Home Innovation Ltd.		47,956	$	216,122
	Hle Glascoat Ltd.		13,765		110,022
	Honda India Power Products Ltd.		12,211		253,365
	Honeywell Automation India Ltd.		1,858		882,482
	Huhtamaki India Ltd.		86,236		227,331
	I G Petrochemicals Ltd.		19,600		123,329
W	ICICI Securities Ltd.		152,366		953,198
	ICRA Ltd.		5,986		297,115
*	IDFC First Bank Ltd.		6,440,948		4,376,467
	IDFC Ltd.		3,603,867		3,373,667
*	IFB Industries Ltd.		33,304		377,995
*	Igarashi Motors India Ltd.		2,487		12,439
	IIFL Finance Ltd.		572,417		2,904,863
	IIFL Securities Ltd.		118,038		96,725
	IIFL Wealth Management Ltd.		166,563		3,577,208
	India Cements Ltd.		488,174		1,419,356
	India Glycols Ltd.		49,094		443,951
	India Nippon Electricals Ltd.		1,455		7,651
*	Indiabulls Housing Finance Ltd.		947,333		1,474,722
*	Indiabulls Real Estate Ltd.		592,643		559,256
W	IndiaMart InterMesh Ltd.		8,395		466,263
	Indian Bank		294,130		910,355
W	Indian Energy Exchange Ltd.		750,762		1,267,989
	Indian Hotels Co. Ltd.		2,496,258		10,070,893
	Indian Hume Pipe Co. Ltd.		13,446		26,524
	Indo Count Industries Ltd.		166,243		281,434
	Indoco Remedies Ltd.		110,768		475,727
	Indraprastha Gas Ltd.		347,107		1,793,389
	INEOS Styrolution India Ltd.		15,206		155,362
	Infibeam Avenues Ltd.		2,531,827		538,359
	Ingersoll Rand India Ltd.		16,263		430,774
*	Inox Leisure Ltd.		68,296		424,947
*	Inox Wind Ltd.		140,383		252,301
	Insecticides India Ltd.		12,634		110,015
	Intellect Design Arena Ltd.		224,382		1,173,835
	IOL Chemicals & Pharmaceuticals Ltd.		38,486		167,203
	Ipca Laboratories Ltd.		430,586		4,700,129
	IRB Infrastructure Developers Ltd.		410,883		1,164,395
W	IRCON International Ltd.		462,924		246,792
	ISGEC Heavy Engineering Ltd.		22,633		134,376
	ITD Cementation India Ltd.		240,706		351,595
*	ITI Ltd.		145,880		187,076
	J Kumar Infraprojects Ltd.		70,641		229,210
	Jagran Prakashan Ltd.		288,140		231,983
	Jai Corp. Ltd.		117,016		248,005
*	Jaiprakash Associates Ltd.		2,444,320		282,416
*	Jaiprakash Power Ventures Ltd.		9,087,601		824,223
*	Jammu & Kashmir Bank Ltd.		560,538		267,665
	Jamna Auto Industries Ltd.		584,889		793,124
	JB Chemicals & Pharmaceuticals Ltd.		141,326		3,373,458
	JBM Auto Ltd.		30,720		151,396
	Jindal Poly Films Ltd.		67,148		683,904
	Jindal Saw Ltd.		585,377		552,474
*	Jindal Stainless Hisar Ltd.		342,230		1,179,003
*	Jindal Stainless Ltd.		583,054		997,986
	JK Cement Ltd.		118,052		3,884,620
	JK Lakshmi Cement Ltd.		171,089		1,135,410
	JK Paper Ltd.		272,095		1,368,728
	JK Tyre & Industries Ltd.		333,807		704,766

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	JM Financial Ltd.		1,482,551	$	1,228,800
	JMC Projects India Ltd.		170,972		225,987
*	Johnson Controls-Hitachi Air Conditioning India Ltd.		30,395		436,535
	JSW Energy Ltd.		710,513		2,893,036
	JTEKT India Ltd.		150,187		190,402
	Jubilant Ingrevia Ltd.		455,030		2,841,406
	Jubilant Pharmova Ltd.		267,938		1,203,179
	Jyothy Labs Ltd.		475,110		1,138,160
	Kajaria Ceramics Ltd.		286,566		3,755,041
	Kalpataru Power Transmission Ltd.		227,054		1,304,960
	Kalyani Steels Ltd.		73,704		267,300
	Kansai Nerolac Paints Ltd.		118,385		690,978
	Karnataka Bank Ltd.		809,672		939,477
	Karur Vysya Bank Ltd.		1,624,247		2,044,127
	Kaveri Seed Co. Ltd.		80,593		473,032
	KCP Ltd.		102,485		151,263
	KEC International Ltd.		358,491		1,900,541
	KEI Industries Ltd.		207,523		3,989,961
	Kennametal India Ltd.		8,679		259,765
*	Kesoram Industries Ltd.		268,910		183,793
	Kewal Kiran Clothing Ltd.		15,442		95,272
*	Kiri Industries Ltd.		76,505		487,670
	Kirloskar Brothers Ltd.		22,472		95,051
	Kirloskar Ferrous Industries Ltd.		38,797		123,357
	Kirloskar Oil Engines Ltd.		196,999		623,909
	Kitex Garments Ltd.		41,078		102,044
	KNR Constructions Ltd.		372,490		1,001,185
	Kolte-Patil Developers Ltd.		49,505		206,198
	KPIT Technologies Ltd.		689,000		5,930,463
	KPR Mill Ltd.		426,884		2,840,216
	KRBL Ltd.		158,822		762,569
	KSB Ltd.		45,773		1,174,448
	L&T Finance Holdings Ltd.		2,318,136		2,271,474
	LA Opala RG Ltd.		124,881		588,840
	Lakshmi Machine Works Ltd.		12,187		1,900,454
W	Laurus Labs Ltd.		773,912		4,257,370
* W	Lemon Tree Hotels Ltd.		876,090		895,789
	LG Balakrishnan & Bros Ltd.		46,615		426,621
	LIC Housing Finance Ltd.		937,053		4,595,137
	Linde India Ltd.		78,446		2,906,951
	LT Foods Ltd.		472,709		720,620
	Lumax Auto Technologies Ltd.		65,818		194,641
	Lumax Industries Ltd.		3,660		67,646
	LUX Industries Ltd.		27,052		564,194
	Mahanagar Gas Ltd.		191,472		1,989,747
	Maharashtra Scooters Ltd.		808		51,250
	Maharashtra Seamless Ltd.		98,993		938,492
	Mahindra & Mahindra Financial Services Ltd.		1,801,604		4,411,644
	Mahindra CIE Automotive Ltd.		439,069		1,590,732
*	Mahindra Holidays & Resorts India Ltd.		232,705		799,937
	Mahindra Lifespace Developers Ltd.		306,556		1,486,971
W	Mahindra Logistics Ltd.		37,839		244,474
	Maithan Alloys Ltd.		10,719		125,211
	Man Infraconstruction Ltd.		166,079		165,078
	Manappuram Finance Ltd.		1,414,710		1,799,491
	Mangalam Cement Ltd.		22,484		99,497
*	Mangalore Refinery & Petrochemicals Ltd.		640,392		419,252
	Marksans Pharma Ltd.		647,499		386,226
W	MAS Financial Services Ltd.		35,635		329,297

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Mastek Ltd.		43,609	$	893,021
*	Max Financial Services Ltd.		196,352		1,679,916
*	Max Healthcare Institute Ltd.		446,556		2,460,059
*	Max Ventures & Industries Ltd.		35,700		72,774
	Mayur Uniquoters Ltd.		55,428		312,567
	Mazagon Dock Shipbuilders Ltd.		52,223		400,170
*	Meghmani Finechem Ltd.		47,103		747,033
	Meghmani Organics Ltd.		501,099		670,851
W	Metropolis Healthcare Ltd.		49,264		1,006,179
	Minda Corp. Ltd.		157,745		371,616
*	Mirza International Ltd.		59,678		222,460
W	Mishra Dhatu Nigam Ltd.		76,269		219,465
	MM Forgings Ltd.		11,713		112,231
	MOIL Ltd.		209,131		390,370
	Monte Carlo Fashions Ltd.		20,495		178,129
*	Morepen Laboratories Ltd.		893,603		286,795
	Motilal Oswal Financial Services Ltd.		124,800		1,033,648
	Mphasis Ltd.		5,763		138,021
	MRF Ltd.		2,095		2,292,390
	MSTC Ltd.		43,926		143,369
	Multi Commodity Exchange of India Ltd.		74,864		1,386,708
	Nahar Spinning Mills Ltd.		949		3,178
	Narayana Hrudayalaya Ltd.		98,601		937,792
	Natco Pharma Ltd.		343,970		2,493,286
	National Aluminium Co. Ltd.		2,223,972		1,885,490
*	National Fertilizers Ltd.		16,472		9,875
	Nava Ltd.		237,619		566,870
	Navin Fluorine International Ltd.		65,242		3,583,238
	Navneet Education Ltd.		316,145		533,110
	NBCC India Ltd.		2,133,931		840,007
	NCC Ltd.		1,018,611		919,708
	NCL Industries Ltd.		16,947		37,009
	NELCO Ltd.		36,523		366,284
	Neogen Chemicals Ltd.		16,649		301,528
	NESCO Ltd.		74,111		516,158
*	Network18 Media & Investments Ltd.		392,640		304,139
	Neuland Laboratories Ltd.		8,335		150,728
	Newgen Software Technologies Ltd.		17,273		71,887
	NHPC Ltd.		2,020,565		1,042,712
	NIIT Ltd.		297,159		999,189
	Nilkamal Ltd.		20,926		529,335
W	Nippon Life India Asset Management Ltd.		47,035		154,319
	NLC India Ltd.		685,573		639,629
	NOCIL Ltd.		318,127		932,900
	Novartis India Ltd.		790		6,492
	NRB Bearings Ltd.		160,550		328,915
	Nucleus Software Exports Ltd.		28,161		132,069
	Oberoi Realty Ltd.		150,207		1,685,355
	Oil India Ltd.		888,909		2,070,471
	Olectra Greentech Ltd.		10,905		74,017
*	Omaxe Ltd.		162,081		175,557
	OnMobile Global Ltd.		118,792		154,465
	Oracle Financial Services Software Ltd.		22,203		783,342
	Orient Cement Ltd.		376,080		592,013
	Orient Electric Ltd.		335,916		1,094,414
	Orient Paper & Industries Ltd.		230,841		116,712
	Oriental Carbon & Chemicals Ltd.		13,532		142,806
*	Oriental Hotels Ltd.		82,388		71,065
*	Orissa Minerals Development Co. Ltd.		287		9,366

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Page Industries Ltd.		2,608	$	1,570,145
	Paisalo Digital Ltd.		293,160		319,822
	Panama Petrochem Ltd.		34,687		118,706
W	Parag Milk Foods Ltd.		102,740		132,269
*	Patel Engineering Ltd.		327,353		86,637
*	PC Jeweller Ltd.		402,709		503,570
	PCBL Ltd.		555,314		855,211
	Persistent Systems Ltd.		209,899		9,370,830
	Petronet LNG Ltd.		92,651		229,827
	Pfizer Ltd.		35,000		1,852,550
	Phoenix Mills Ltd.		331,488		5,729,067
	Piramal Enterprises Ltd.		149,448		1,536,932
* W	PNB Housing Finance Ltd.		238,767		1,269,342
	PNC Infratech Ltd.		200,145		625,996
	Poly Medicure Ltd.		74,622		828,984
	Polyplex Corp. Ltd.		54,794		1,112,424
	Poonawalla Fincorp Ltd.		450,837		1,721,244
	Power Finance Corp. Ltd.		503,564		700,025
	Power Mech Projects Ltd.		8,680		184,622
	Praj Industries Ltd.		333,173		1,666,975
*	Prakash Industries Ltd.		229,461		143,876
W	Prataap Snacks Ltd.		6,333		70,442
	Precision Camshafts Ltd.		11,815		14,843
	Prestige Estates Projects Ltd.		489,030		2,618,913
*	Pricol Ltd.		150,612		350,598
	Prince Pipes & Fittings Ltd.		71,393		457,096
*	Prism Johnson Ltd.		436,256		646,717
	Privi Speciality Chemicals Ltd.		7,832		124,507
	Procter & Gamble Health Ltd.		29,018		1,413,688
	PSP Projects Ltd.		17,582		126,162
*	PTC India Financial Services Ltd.		554,178		93,132
	PTC India Ltd.		682,213		594,554
*	PVR Ltd.		13,097		280,887
W	Quess Corp. Ltd.		119,824		800,058
W	Quick Heal Technologies Ltd.		5,285		12,042
	Radico Khaitan Ltd.		274,639		3,469,312
	Rain Industries Ltd.		453,064		918,982
	Rajesh Exports Ltd.		217,740		1,830,952
	Rallis India Ltd.		270,348		738,193
	Ramco Cements Ltd.		304,449		2,659,131
	Ramco Industries Ltd.		125,986		280,493
*	Ramco Systems Ltd.		9,219		27,467
	Ramkrishna Forgings Ltd.		92,557		256,526
*	Ramky Infrastructure Ltd.		19,107		65,900
	Rane Holdings Ltd.		10,752		119,449
	Rashtriya Chemicals & Fertilizers Ltd.		520,795		640,318
	Ratnamani Metals & Tubes Ltd.		90,384		2,228,687
*	RattanIndia Power Ltd.		1,234,413		63,366
	Raymond Ltd.		136,741		1,957,448
* W	RBL Bank Ltd.		1,256,045		2,051,521
	REC Ltd.		3,576,327		4,441,909
	Redington Ltd.		1,941,308		3,212,866
	Relaxo Footwears Ltd.		146,811		1,720,210
	Reliance Industrial Infrastructure Ltd.		28,964		384,332
*	Reliance Infrastructure Ltd.		231,015		394,993
*	Reliance Power Ltd.		6,818,615		1,333,029
	Repco Home Finance Ltd.		129,953		334,748
*	Restaurant Brands Asia Ltd.		7,145		10,564
	Rhi Magnesita India Ltd.		10,840		85,257

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Rico Auto Industries Ltd.		203,537	$	144,237
	RITES Ltd.		79,722		370,165
	Route Mobile Ltd.		23,074		366,238
*	RPSG Ventures Ltd.		10,147		59,154
	RSWM Ltd.		29,079		110,819
	Rupa & Co. Ltd.		49,237		187,426
	Sagar Cements Ltd.		38,939		95,403
	Sandhar Technologies Ltd.		2,175		6,085
	Sangam India Ltd.		11,303		38,063
*	Sanghi Industries Ltd.		13,652		9,282
	Sanghvi Movers Ltd.		14,588		39,393
	Sanofi India Ltd.		29,481		2,006,877
	Sarda Energy & Minerals Ltd.		15,556		158,895
	Saregama India Ltd.		86,737		390,909
	Sasken Technologies Ltd.		14,843		162,118
*	Satin Creditcare Network Ltd.		34,530		59,886
	Savita Oil Technologies Ltd.		37,195		135,148
	Schaeffler India Ltd.		160,300		5,371,315
*	Schneider Electric Infrastructure Ltd.		162,083		341,976
*	SEAMEC Ltd.		5,590		74,643
	Sequent Scientific Ltd.		244,159		288,111
	Seshasayee Paper & Boards Ltd.		62,672		249,421
W	SH Kelkar & Co. Ltd.		81,859		135,406
	Shakti Pumps India Ltd.		4,523		26,307
	Shankara Building Products Ltd.		17,988		154,995
	Shanthi Gears Ltd.		11,586		54,513
	Sharda Cropchem Ltd.		84,617		383,376
	Sharda Motor Industries Ltd.		3,320		30,440
*	Sheela Foam Ltd.		5,847		195,515
	Shilpa Medicare Ltd.		112,538		428,641
	Shipping Corp. of India Ltd.		469,725		736,818
*	Shoppers Stop Ltd.		111,933		1,020,461
*	Shree Renuka Sugars Ltd.		1,686,032		1,097,673
	Shriram City Union Finance Ltd.		64,781		1,424,374
	Shriram Transport Finance Co. Ltd.		272,259		4,041,862
*	SIS Ltd.		53,307		269,972
	Siyaram Silk Mills Ltd.		27,614		146,948
	SKF India Ltd.		78,344		4,159,080
	Sobha Ltd.		130,458		988,134
	Solar Industries India Ltd.		103,839		4,880,924
*	Solara Active Pharma Sciences Ltd.		13,202		63,713
	Somany Ceramics Ltd.		13,279		86,754
	Sonata Software Ltd.		268,088		1,690,737
*	South Indian Bank Ltd.		4,837,745		798,286
	SP Apparels Ltd.		1,629		7,132
*	Spandana Sphoorty Financial Ltd.		33,936		252,129
	SRF Ltd.		60,124		1,859,604
*	Star Cement Ltd.		157,490		202,744
*	Sterling & Wilson Renewable		46,227		160,904
	Sterlite Technologies Ltd.		525,634		1,050,842
*	Strides Pharma Science Ltd.		208,324		782,248
*	Subex Ltd.		837,814		304,699
	Subros Ltd.		89,803		356,268
	Sudarshan Chemical Industries Ltd.		102,209		508,968
	Sumitomo Chemical India Ltd.		124,491		737,142
	Sun TV Network Ltd.		285,578		1,802,625
	Sundaram Finance Holdings Ltd.		80,225		86,645
	Sundaram Finance Ltd.		95,242		2,675,088
	Sundaram-Clayton Ltd.		10,340		599,513

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	Sundram Fasteners Ltd.		316,668	$	3,605,442
*	Sunflag Iron & Steel Co. Ltd.		10,410		10,286
	Sunteck Realty Ltd.		185,188		873,513
	Suprajit Engineering Ltd.		222,652		877,227
	Supreme Industries Ltd.		209,572		5,492,082
	Supreme Petrochem Ltd.		148,926		1,364,208
	Surya Roshni Ltd.		29,526		148,603
	Sutlej Textiles & Industries Ltd.		193,970		152,522
	Suven Pharmaceuticals Ltd.		684,847		3,303,530
*	Suzlon Energy Ltd.		17,059,138		1,660,282
	Swan Energy Ltd.		76,621		209,887
	Swaraj Engines Ltd.		20,114		386,232
	Symphony Ltd.		60,208		610,002
W	Syngene International Ltd.		385,557		2,939,484
	Tamil Nadu Newsprint & Papers Ltd.		59,444		192,704
	Tamilnadu Petroproducts Ltd.		77,740		89,860
	Tanla Platforms Ltd.		78,560		705,718
*	TARC Ltd.		106,825		57,784
	Tasty Bite Eatables Ltd.		703		101,746
	Tata Chemicals Ltd.		350,094		4,793,250
	Tata Coffee Ltd.		83,686		219,389
	Tata Elxsi Ltd.		72,466		6,148,163
	Tata Metaliks Ltd.		56,536		499,757
	Tata Steel Long Products Ltd.		44,261		329,252
	TCI Express Ltd.		57,011		1,307,373
* W	TCNS Clothing Co. Ltd.		5,301		39,331
	TD Power Systems Ltd.		59,075		88,565
*	TeamLease Services Ltd.		831		29,196
	Techno Electric & Engineering Co. Ltd.		198,034		672,101
	Texmaco Rail & Engineering Ltd.		374,850		220,774
	Thermax Ltd.		117,107		3,091,875
	Thirumalai Chemicals Ltd.		96,103		218,763
*	Thomas Cook India Ltd.		304,312		278,552
W	Thyrocare Technologies Ltd.		65,124		503,964
	Tide Water Oil Co. India Ltd.		25,459		312,842
	Tilaknagar Industries Ltd.		113,055		126,978
	Time Technoplast Ltd.		390,193		483,716
	Timken India Ltd.		86,065		3,115,192
	Tinplate Co. of India Ltd.		109,549		403,910
*	Titagarh Wagons Ltd.		102,157		196,977
	Torrent Power Ltd.		546,086		3,336,455
	Tourism Finance Corp. of India Ltd.		64,002		66,498
	Transport Corp. of India Ltd.		99,134		858,104
	Trident Ltd.		4,143,289		1,765,762
	Triveni Engineering & Industries Ltd.		289,397		883,697
	Triveni Turbine Ltd.		131,091		443,433
	TTK Prestige Ltd.		146,619		1,646,633
	Tube Investments of India Ltd.		410,776		13,507,760
	TV Today Network Ltd.		89,678		301,133
*	TV18 Broadcast Ltd.		1,674,355		708,162
	TVS Motor Co. Ltd.		333,778		4,622,507
	TVS Srichakra Ltd.		13,220		394,918
	Uflex Ltd.		110,987		938,816
	Ugar Sugar Works Ltd.		35,034		32,595
*	Ugro Capital Ltd.		74,547		160,691
*	Ujjivan Financial Services Ltd.		197,452		585,915
* W	Ujjivan Small Finance Bank Ltd.		945,651		287,948
	Unichem Laboratories Ltd.		124,053		615,077
	Union Bank of India Ltd.		1,378,209		896,347

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDIA — (Continued)
	UNO Minda Ltd.		463,085	$	2,998,157
	Usha Martin Ltd.		225,489		386,324
	UTI Asset Management Co. Ltd.		23,479		199,023
*	VA Tech Wabag Ltd.		94,341		301,566
	Vaibhav Global Ltd.		257,258		1,099,663
	Vakrangee Ltd.		1,058,449		403,418
W	Valiant Organics Ltd.		2,782		22,449
	Vardhman Textiles Ltd.		488,265		1,987,261
* W	Varroc Engineering Ltd.		80,384		302,994
	Varun Beverages Ltd.		294,430		3,734,021
	Venky’s India Ltd.		16,753		393,704
	Vesuvius India Ltd.		15,479		281,978
	V-Guard Industries Ltd.		555,007		1,718,431
	Vimta Labs Ltd.		12,331		63,323
	Vinati Organics Ltd.		93,732		2,163,732
	Vindhya Telelinks Ltd.		15,562		250,959
	VIP Industries Ltd.		34,437		317,578
	Visaka Industries Ltd.		14,832		96,920
	V-Mart Retail Ltd.		3,876		140,233
*	Vodafone Idea Ltd.		15,626,929		1,626,423
	Voltamp Transformers Ltd.		6,458		212,711
	VRL Logistics Ltd.		105,624		775,331
	VST Industries Ltd.		19,201		814,199
	VST Tillers Tractors Ltd.		13,719		372,134
	Welspun Corp. Ltd.		436,397		1,173,924
	Welspun Enterprises Ltd.		250,028		387,072
	Welspun India Ltd.		1,327,306		1,254,128
	West Coast Paper Mills Ltd.		119,976		887,136
*	Westlife Development Ltd.		67,436		611,876
	Wheels India Ltd.		10,888		82,881
	Whirlpool of India Ltd.		40,537		769,483
*	Wockhardt Ltd.		145,950		410,474
*	Wonderla Holidays Ltd.		21,675		90,244
*	Yes Bank Ltd.		237,637		44,681
	Zee Entertainment Enterprises Ltd.		2,035,315		6,463,376
*	Zee Media Corp. Ltd.		636,607		120,831
	Zensar Technologies Ltd.		343,925		923,522
	Zydus Wellness Ltd.		18,379		391,031
TOTAL INDIA					686,162,224
INDONESIA — (2.4%)
	ABM Investama Tbk PT		1,069,000		269,937
	Ace Hardware Indonesia Tbk PT		19,988,600		723,537
*	Adhi Karya Persero Tbk PT		5,523,788		196,761
*	Adi Sarana Armada Tbk PT		3,576,500		273,917
*	Agung Semesta Sejahtera Tbk PT		34,642,700		111,036
	AKR Corporindo Tbk PT		23,912,200		2,393,768
*	Alam Sutera Realty Tbk PT		35,031,400		390,721
	Aneka Gas Industri Tbk PT		1,269,300		166,819
	Aneka Tambang Tbk PT		2,638,100		312,267
* ††	Armidian Karyatama Tbk PT		844,800		508
	Arwana Citramulia Tbk PT		18,420,300		1,080,712
	Ashmore Asset Management Indonesia Tbk PT		88,400		5,875
	Astra Agro Lestari Tbk PT		1,572,300		856,963
	Astra Otoparts Tbk PT		2,355,600		199,421
*	Asuransi Maximus Graha Persada Tbk PT		8,900,400		73,523
* ††	Bakrie Telecom Tbk PT		49,756,298		29,906
	Bali Bintang Sejahtera Tbk PT		3,153,100		51,006
*	Bank Amar Indonesia Tbk PT		6,621,600		132,724

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
	Bank BTPN Syariah Tbk PT		5,204,000	$	984,659
*	Bank Bukopin Tbk PT		63,114,482		548,169
*	Bank Capital Indonesia Tbk PT		9,245,100		84,219
*	Bank Ganesha Tbk PT		7,884,200		51,032
*	Bank Ina Perdana PT		5,377,000		1,352,513
*	Bank Mayapada International Tbk PT		934,600		41,007
	Bank Maybank Indonesia Tbk PT		14,258,200		232,329
*	Bank MNC Internasional Tbk PT		32,986,100		228,295
*	Bank Nationalnobu Tbk PT		1,174,200		41,997
	Bank OCBC Nisp Tbk PT		1,841,100		88,627
	Bank Pan Indonesia Tbk PT		13,964,900		2,151,436
	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		8,878,812		782,669
	Bank Pembangunan Daerah Jawa Timur Tbk PT		12,456,900		563,016
	Bank Tabungan Negara Persero Tbk PT		13,371,649		1,326,125
*	Bekasi Fajar Industrial Estate Tbk PT		15,027,700		133,934
	BFI Finance Indonesia Tbk PT		23,038,600		1,635,115
*	Bintang Oto Global Tbk PT		7,756,800		674,052
	BISI International Tbk PT		8,589,500		814,260
	Blue Bird Tbk PT		696,300		68,618
*	Buana Lintas Lautan Tbk PT		18,874,200		186,319
*	Bumi Resources Minerals Tbk PT		84,337,900		978,572
*	Bumi Resources Tbk PT		261,056,100		3,166,487
*	Bumi Serpong Damai Tbk PT		14,012,000		835,596
*	Bumi Teknokultura Unggul Tbk PT		65,924,600		211,331
*	Capital Financial Indonesia Tbk PT		1,258,200		61,271
	Catur Sentosa Adiprana Tbk PT		2,986,100		155,950
W	Cikarang Listrindo Tbk PT		4,462,100		194,545
	Ciputra Development Tbk PT		29,071,620		1,751,703
*	Citra Marga Nusaphala Persada Tbk PT		13,896,403		1,729,527
*	City Retail Developments Tbk PT		12,056,400		108,195
*	Delta Dunia Makmur Tbk PT		15,329,000		384,688
	Dharma Satya Nusantara Tbk PT		6,420,300		228,580
	Elnusa Tbk PT		10,521,900		253,480
	Erajaya Swasembada Tbk PT		27,567,400		761,050
*	Gajah Tunggal Tbk PT		4,584,000		177,706
	Garudafood Putra Putri Jaya Tbk PT		11,090,700		369,737
*	Global Mediacom Tbk PT		17,118,300		328,980
* ††	Hanson International Tbk PT		483,480,300		0
	Harum Energy Tbk PT		6,043,000		623,089
	Hexindo Adiperkasa Tbk PT		523,400		196,403
	Impack Pratama Industri Tbk PT		1,149,500		252,161
	Indika Energy Tbk PT		5,804,300		1,210,022
	Indo Tambangraya Megah Tbk PT		682,100		1,964,897
	Indocement Tunggal Prakarsa Tbk PT		1,308,100		778,119
	Indomobil Sukses Internasional Tbk PT		512,300		29,919
	Indosat Tbk PT		319,400		138,612
*	Indosterling Technomedia Tbk PT		482,900		141,805
	Industri Jamu Dan Farmasi Sido Muncul Tbk PT		22,446,246		1,065,407
* ††	Inovisi Infracom Tbk PT		1,806,467		0
	Integra Indocabinet Tbk PT		4,674,000		129,480
* ††	Inti Agri Resources Tbk PT		92,782,800		55,768
*	Intiland Development Tbk PT		4,610,132		54,615
	Jaccs Mitra Pinasthika Mustika Tbk PT		4,348,100		285,531
	Japfa Comfeed Indonesia Tbk PT		12,837,300		1,140,625
*	Jasa Marga Persero Tbk PT		5,160,800		1,128,353
	Jaya Real Property Tbk PT		10,463,000		312,621
*	Kapuas Prima Coal Tbk PT		37,878,000		145,394
*	Kawasan Industri Jababeka Tbk PT		108,474,057		1,043,268
	KMI Wire & Cable Tbk PT		5,778,100		111,004

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
*	Krakatau Steel Persero Tbk PT		13,163,002	$	317,054
*	Kresna Graha Investama Tbk PT		5,504,400		17,617
*	Lippo Karawaci Tbk PT		123,858,040		794,050
*	M Cash Integrasi PT		216,900		151,510
	Mahkota Group Tbk PT		374,000		19,182
*	Malindo Feedmill Tbk PT		3,163,300		110,601
*	Map Aktif Adiperkasa PT		751,600		154,236
	Matahari Department Store Tbk PT		2,197,200		657,639
*	Matahari Putra Prima Tbk PT		289,100		2,516
*	MD Pictures Tbk PT		538,400		92,803
	Medco Energi Internasional Tbk PT		19,378,707		1,437,420
	Media Nusantara Citra Tbk PT		17,933,800		943,779
	Medikaloka Hermina Tbk PT		14,906,100		1,424,644
*	Mega Manunggal Property Tbk PT		10,772,800		327,465
*	Metro Healthcare Indonesia Tbk PT		11,631,800		380,272
	Metrodata Electronics Tbk PT		15,657,100		587,247
	Metropolitan Kentjana Tbk PT		9,100		13,171
*	Mitra Adiperkasa Tbk PT		27,990,200		2,164,540
	Mitra Keluarga Karyasehat Tbk PT		4,883,100		864,987
*	MNC Kapital Indonesia Tbk PT		27,203,400		181,527
*	MNC Land Tbk PT		29,086,600		154,740
*	MNC Vision Networks Tbk PT		27,903,500		147,984
*	Mulia Industrindo Tbk PT		1,595,600		58,309
*	Multipolar Tbk PT		5,540,600		46,854
*	NFC Indonesia Tbk PT		86,200		67,937
	Nippon Indosari Corpindo Tbk PT		13,183,989		1,060,760
	Pabrik Kertas Tjiwi Kimia Tbk PT		3,377,600		1,691,981
*	Pacific Strategic Financial Tbk PT		20,982,800		1,540,363
	Pakuwon Jati Tbk PT		32,672,800		917,989
	Panin Financial Tbk PT		52,906,000		2,154,866
*	Paninvest Tbk PT		4,828,600		579,469
*	Pelayaran Tamarin Samudra Tbk PT		19,571,300		6,274
	Perusahaan Gas Negara Tbk PT		23,914,800		3,030,235
	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		10,211,400		739,640
*	Pollux Properti Indonesia Tbk PT		2,219,300		42,788
* ††	Pool Advista Indonesia Tbk PT		10,473,500		6,295
*	PP Persero Tbk PT		9,359,714		528,180
	Prodia Widyahusada Tbk PT		175,800		59,770
	Puradelta Lestari Tbk PT		33,039,000		385,349
	Ramayana Lestari Sentosa Tbk PT		8,938,400		329,690
	Resource Alam Indonesia Tbk PT		3,392,700		137,844
* ††	Rimo International Lestari Tbk PT		211,251,900		126,975
	Rukun Raharja Tbk PT		2,350,900		146,505
	Salim Ivomas Pratama Tbk PT		12,369,300		336,538
	Samindo Resources Tbk PT		106,600		10,755
	Sampoerna Agro Tbk PT		3,879,900		537,595
	Samudera Indonesia Tbk PT		3,249,500		493,556
*	Sarana Meditama Metropolitan Tbk PT		3,473,000		64,539
	Sariguna Primatirta Tbk PT		5,940,900		274,224
	Sawit Sumbermas Sarana Tbk PT		12,640,300		1,126,158
* ††	Sekawan Intipratama Tbk PT		9,367,900		0
	Selamat Sempurna Tbk PT		13,150,400		1,264,215
*	Semen Baturaja Persero Tbk PT		6,838,100		187,641
	Semen Indonesia Persero Tbk PT		588,300		300,098
	Siloam International Hospitals Tbk PT		11,618,000		816,288
	Sinar Mas Agro Resources & Technology Tbk PT		1,020,560		302,813
* ††	Sri Rejeki Isman Tbk PT		35,353,931		62,049
	Steel Pipe Industry of Indonesia PT		2,787,400		49,329
* ††	Sugih Energy Tbk PT		100,457,800		0

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
INDONESIA — (Continued)
	Summarecon Agung Tbk PT		32,903,146	$	1,248,782
* ††	Surabaya Agung Industri Pulp & Kertas Tbk PT		64,500		0
	Surya Citra Media Tbk PT		62,152,600		932,272
	Surya Esa Perkasa Tbk PT		20,076,900		1,371,271
	Surya Permata Andalan Tbk PT		550,300		17,573
	Surya Pertiwi Tbk PT		1,435,000		52,893
*	Surya Semesta Internusa Tbk PT		16,561,000		344,189
* ††	Suryainti Permata Tbk PT		7,252,000		0
	Temas Tbk PT		1,050,300		120,408
	Tempo Scan Pacific Tbk PT		1,861,700		162,419
	Timah Tbk PT		8,208,514		713,877
* ††	Trada Alam Minera Tbk PT		180,020,800		108,203
	Trias Sentosa Tbk PT		32,818,400		1,565,529
*	Trimegah Sekuritas IndonesiaTbk PT		2,930,400		56,341
	Triputra Agro Persada PT		4,188,700		186,871
	Tunas Baru Lampung Tbk PT		11,437,500		513,263
	Ultrajaya Milk Industry & Trading Co. Tbk PT		15,164,100		1,370,935
	Unggul Indah Cahaya Tbk PT		48,239		34,674
* ††	Waskita Beton Precast Tbk PT		28,238,300		64,497
*	Waskita Karya Persero Tbk PT		31,956,666		985,597
	Wijaya Karya Bangunan Gedung Tbk PT		6,345,100		68,291
	Wijaya Karya Beton Tbk PT		8,423,800		112,537
*	Wijaya Karya Persero Tbk PT		9,818,007		573,324
	XL Axiata Tbk PT		9,989,700		1,614,793
TOTAL INDONESIA					84,409,677
MALAYSIA — (1.6%)
#	7-Eleven Malaysia Holdings Bhd, Class B		2,072,285		1,041,229
	Able Global Bhd		232,200		67,051
	Aeon Co. M Bhd		1,014,100		296,084
	AEON Credit Service M Bhd		312,000		856,935
#	AFFIN Bank Bhd		1,323,695		627,879
	Ajinomoto Malaysia Bhd		67,800		161,763
	Alliance Bank Malaysia Bhd		2,568,000		2,009,080
	Allianz Malaysia Bhd		134,100		377,296
	AME Elite Consortium Bhd		83,800		24,793
*	Ancom Nylex Bhd		689,200		135,626
#	Ann Joo Resources Bhd		353,150		73,534
#	Astro Malaysia Holdings Bhd		1,643,500		234,640
# *	Berjaya Assets Bhd		1,888,400		115,974
*	Berjaya Corp. Bhd		6,779,128		336,513
	Berjaya Food Bhd		501,000		99,514
# *	Berjaya Land Bhd		3,154,600		153,198
# *	Bermaz Auto Bhd		694,900		290,779
	Bintulu Port Holdings Bhd		25,900		27,317
*	Boustead Holdings Bhd		1,445,328		176,170
#	Boustead Plantations Bhd		932,299		137,004
#	British American Tobacco Malaysia Bhd		360,600		802,519
*	Bumi Armada Bhd		4,938,200		407,838
	Bursa Malaysia Bhd		1,100,300		1,501,101
#	Cahya Mata Sarawak Bhd		1,296,800		230,322
	Carlsberg Brewery Malaysia Bhd, Class B		752,900		3,547,052
* ††	Carotech Bhd		230,650		0
#	CB Industrial Product Holding Bhd		867,240		203,534
#	CSC Steel Holdings Bhd		435,500		108,846
	D&O Green Technologies Bhd		706,600		581,563
#	Dayang Enterprise Holdings Bhd		1,165,375		305,214
	DRB-Hicom Bhd		2,600,800		737,599
#	Dufu Technology Corp. Bhd		506,600		254,842

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
#	Duopharma Biotech Bhd		1,059,314	$	309,358
	Dutch Lady Milk Industries Bhd		79,100		507,662
	Eco World Development Group Bhd		2,120,900		271,494
# *	Eco World International Bhd		872,100		48,773
*	Ecofirst Consolidated Bhd		402,200		29,792
# *	Ekovest Bhd		3,871,950		258,263
	Evergreen Fibreboard Bhd		149,100		12,316
	FAR East Holdings Bhd		258,300		205,283
#	Formosa Prosonic Industries Bhd		187,500		125,140
	Frontken Corp. Bhd		1,989,150		1,035,306
	Gadang Holdings Bhd		1,444,200		93,225
#	Gas Malaysia Bhd		531,500		379,044
	George Kent Malaysia Bhd		963,000		101,741
	Globetronics Technology Bhd		1,161,072		256,274
* ††	Golden Plus Holding Bhd		216,000		0
#	Guan Chong Bhd		979,000		435,640
	Hai-O Enterprise Bhd		642,197		194,412
	HAP Seng Consolidated Bhd		348,540		474,500
	Hap Seng Plantations Holdings Bhd		204,100		87,180
	Heineken Malaysia Bhd		89,500		436,690
#	Hengyuan Refining Co. Bhd		322,900		290,438
	HeveaBoard Bhd		526,300		39,995
#	Hextar Global Bhd		102,700		51,482
#	Hiap Teck Venture Bhd		3,025,300		147,348
#	Hibiscus Petroleum Bhd		3,450,800		708,034
#	Hong Leong Capital Bhd		33,800		45,421
	Hong Leong Industries Bhd		350,400		689,882
	Hup Seng Industries Bhd		921,033		130,566
	IGB Bhd		666,254		325,958
	IJM Corp. Bhd		712,500		245,479
	Insas Bhd		245,581		39,982
	IOI Properties Group Bhd		132,600		28,899
*	Iris Corp. Bhd		401,400		10,618
*	Iskandar Waterfront City Bhd		1,196,100		64,762
# *	JAKS Resources Bhd		4,088,380		216,207
	Jaya Tiasa Holdings Bhd		1,265,327		156,448
# *	JHM Consolidation Bhd		860,400		157,876
	Keck Seng Malaysia Bhd		289,650		211,204
#	Kelington Group Bhd		600,700		164,490
	Kenanga Investment Bank Bhd		298,700		55,321
	Kerjaya Prospek Group Bhd		728,690		181,742
#	Kim Loong Resources Bhd		838,580		298,782
# *	KNM Group Bhd		6,978,580		125,517
#	Kobay Technology Bhd		263,800		162,752
	Kossan Rubber Industries Bhd		268,700		71,152
	KPJ Healthcare Bhd		4,788,700		831,109
#	Kretam Holdings Bhd		1,548,200		187,995
*	Kronologi Asia Bhd		791,100		67,057
# *	KSL Holdings Bhd		790,818		123,956
#	Kumpulan Fima Bhd		168,550		72,165
	Land & General Bhd		5,669,760		109,070
	LBS Bina Group Bhd		2,657,916		227,704
# *	Leong Hup International Bhd		525,600		50,591
#	Lii Hen Industries Bhd		951,000		167,856
#	Lingkaran Trans Kota Holdings Bhd		636,300		673,077
# W	Lotte Chemical Titan Holding Bhd		1,020,797		283,095
#	LPI Capital Bhd		373,224		978,983
	Luxchem Corp. Bhd		56,200		6,300
	Magni-Tech Industries Bhd		612,433		220,090

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
#	Magnum Bhd		2,968,363	$	986,969
#	Mah Sing Group Bhd		3,290,287		355,742
#	Malakoff Corp. Bhd		4,685,100		610,567
#	Malayan Flour Mills Bhd		2,082,475		240,244
#	Malaysia Building Society Bhd		5,406,590		674,498
#	Malaysia Smelting Corp. Bhd		213,800		63,348
#	Malaysian Resources Corp. Bhd		4,929,166		313,149
	Matrix Concepts Holdings Bhd		3,248,937		974,259
	MBM Resources Bhd		483,896		340,141
	Media Chinese International Ltd.		1,200,400		40,415
	Media Prima Bhd		86,700		7,784
	Mega First Corp. Bhd		1,538,100		1,067,444
#	MKH Bhd		1,437,434		352,989
	MNRB Holdings Bhd		1,170,188		212,762
#	MPHB Capital Bhd		1,201,700		240,967
	Muda Holdings Bhd		348,000		133,176
*	Muhibbah Engineering M Bhd		1,522,025		133,679
*	Mulpha International Bhd		354,130		171,095
	Nylex Malaysia Bhd		4,205		174
#	OCK Group Bhd		1,345,100		122,629
	Oriental Holdings Bhd		679,900		957,410
#	OSK Holdings Bhd		5,459,555		1,027,790
	PA Resources Bhd		970,800		51,364
	Padini Holdings Bhd		1,331,800		953,115
	Panasonic Manufacturing Malaysia Bhd		25,084		122,378
	Pantech Group Holdings Bhd		1,007,619		147,097
#	Paramount Corp. Bhd		1,104,355		170,649
	Perak Transit Bhd		632,500		131,803
#	Petron Malaysia Refining & Marketing Bhd		256,100		248,670
#	Pharmaniaga Bhd		316,200		37,449
#	PIE Industrial Bhd		39,900		21,483
	PMB Technology Bhd		49,300		42,118
*	Pos Malaysia Bhd		108,000		13,597
# *	Ranhill Utilities Bhd		1,759,838		143,250
	RCE Capital Bhd		220,600		73,694
*	Revenue Group Bhd		294,700		58,431
	Sam Engineering & Equipment M Bhd		330,200		371,530
*	Sapura Energy Bhd		26,310,200		194,405
#	Sarawak Oil Palms Bhd		830,255		451,483
	Scientex Bhd		1,398,672		964,494
	SEG International Bhd		145,885		19,445
*	Shangri-La Hotels Malaysia Bhd		244,900		177,979
#	Sime Darby Property Bhd		5,517,400		530,619
#	SKP Resources Bhd		2,082,124		701,319
#	SP Setia Bhd Group		3,536,900		358,324
#	Sports Toto Bhd		2,350,050		901,898
††	Sumatec Resources Bhd		6,536,100		1,244
#	Sunway Construction Group Bhd		346,636		111,587
	Suria Capital Holdings Bhd		269,560		59,422
#	Syarikat Takaful Malaysia Keluarga Bhd		731,957		511,113
#	Ta Ann Holdings Bhd		448,389		374,662
#	Taliworks Corp. Bhd		1,493,916		285,650
	Tan Chong Motor Holdings Bhd		211,500		49,650
#	TASCO Bhd		191,900		35,312
#	Thong Guan Industries Bhd		530,900		304,542
	TMC Life Sciences Bhd		948,400		124,164
# *	Tropicana Corp. Bhd		2,587,990		722,024
#	TSH Resources Bhd		1,381,600		309,667
*	Tune Protect Group Bhd		432,900		24,748

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MALAYSIA — (Continued)
#	Uchi Technologies Bhd		887,200	$	634,462
	UEM Edgenta Bhd		941,100		214,918
# *	UEM Sunrise Bhd		2,829,800		122,781
#	UMW Holdings Bhd		1,084,500		770,476
	Unisem M Bhd		278,300		156,554
	United Malacca Bhd		442,250		503,280
	United Plantations Bhd		62,500		188,401
#	UOA Development Bhd		4,413,299		1,457,362
	UWC Bhd		405,800		318,869
# *	Velesto Energy Bhd		12,270,108		312,306
#	VS Industry Bhd		2,829,900		506,296
*	Wah Seong Corp. Bhd		1		0
#	WCT Holdings Bhd		2,091,593		161,480
#	Wellcall Holdings Bhd		1,183,600		283,118
*	Widad Group Bhd		1,235,800		109,854
	Yinson Holdings Bhd		2,167,000		971,870
# *	YNH Property Bhd		2,935,116		2,542,129
	YTL Power International Bhd		1,385,743		206,673
TOTAL MALAYSIA					58,092,744
MEXICO — (3.1%)
# *	ALEATICA SAB de CV		228,600		376,769
	Alfa SAB de CV, Class A		858,225		570,042
	Alpek SAB de CV		1,130,127		1,585,703
*	Alsea SAB de CV		1,253,320		2,407,579
*	Axtel SAB de CV		6,155,647		431,855
W	Banco del Bajio SA		2,573,919		7,246,414
	Bolsa Mexicana de Valores SAB de CV		1,254,686		2,274,684
	Consorcio ARA SAB de CV		5,594,857		889,507
# *	Controladora Vuela Cia de Aviacion SAB de CV, Class A		1,965,760		1,663,847
#	Corp Actinver SAB de CV		198,770		124,401
*	Corp Interamericana de Entretenimiento SAB de CV, Class B		960,372		450,788
	Corp. Inmobiliaria Vesta SAB de CV		1,611,339		3,510,902
	Corp. Moctezuma SAB de CV		838,557		2,492,859
	Corporativo Fragua SAB de CV		3		47
*	Corpovael SA de CV		73,341		9,032
	Cydsa SAB de CV		10,875		7,135
# * ††	Empresas ICA SAB de CV		3,768,186		18,258
*	Financiera Independencia SAB de CV SOFOM ENR		3,187		1,287
	GCC SAB de CV		555,674		3,466,757
#	Genomma Lab Internacional SAB de CV, Class B		2,030,927		1,563,198
	Gentera SAB de CV		2,941,632		3,016,906
	Gruma SAB de CV, Class B		26,146		301,735
#	Grupo Aeroportuario del Centro Norte SAB de CV		579,894		4,624,401
	Grupo Comercial Chedraui SA de CV		1,754,925		7,093,925
#	Grupo Herdez SAB de CV		1,428,625		2,864,749
*	Grupo Hotelero Santa Fe SAB de CV		618,935		125,580
	Grupo Industrial Saltillo SAB de CV		1,080,258		1,684,206
	Grupo KUO SAB de CV, Class B		714,554		1,496,694
*	Grupo Pochteca SAB de CV		336,841		144,509
*	Grupo Posadas SAB de CV		164,564		213,959
#	Grupo Rotoplas SAB de CV		786,579		1,191,004
*	Grupo Sanborns SAB de CV		905,924		1,120,231
*	Grupo Simec SAB de CV, Class B		954,497		9,538,707
#* W	Grupo Traxion SAB de CV		317,143		371,198
# *	Hoteles City Express SAB de CV		1,160,092		319,109
	Industrias Bachoco SAB de CV, Class B		1,126,567		4,601,110
*	Industrias CH SAB de CV, Class B		1,752,132		19,365,158
	La Comer SAB de CV		3,003,626		5,518,194

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
MEXICO — (Continued)
	Megacable Holdings SAB de CV		2,030,295	$	4,229,055
# *	Minera Frisco SAB de CV, Class A1		5,327,018		639,898
* W	Nemak SAB de CV		2,609,193		705,864
	Operadora de Sites Mexicanos SA de CV, Class A		2,337,869		2,573,508
	Orbia Advance Corp. SAB de CV		49,219		82,798
*	Organizacion Cultiba SAB de CV		1,103,096		606,862
	Organizacion Soriana SAB de CV, Class B		358,274		547,004
	Promotora y Operadora de Infraestructura SAB de CV		543,423		4,087,809
	Promotora y Operadora de Infraestructura SAB de CV, Class L		7,839		36,439
#	Qualitas Controladora SAB de CV		347,921		1,365,309
	Regional SAB de CV		520,708		3,629,424
* ††	Sanluis Corp. SA		4,642		0
* ††	Sanluis Corp. SA		4,642		0
* ††	Sanluis Rassini		3,300		0
*	Unifin Financiera SAB de CV		48,493		4,014
*	Vista Energy SAB de CV, ADR		2,874		38,023
*	Vitro SAB de CV, Class A		704,098		630,785
TOTAL MEXICO					111,859,231
PHILIPPINES — (1.0%)
	8990 Holdings, Inc.		3,671,200		608,662
	A Soriano Corp.		2,931,411		450,036
††	ACR Mining Corp.		48,205		2,792
*	AgriNurture, Inc.		480,000		56,912
	AllHome Corp.		193,200		9,224
	Alliance Global Group, Inc.		7,091,400		1,106,186
	Alsons Consolidated Resources, Inc.		2,780,000		38,970
	Apex Mining Co., Inc.		5,852,000		145,058
*	Apollo Global Capital, Inc.		27,650,000		13,373
*	AyalaLand Logistics Holdings Corp.		4,021,100		223,984
*	Belle Corp.		13,307,400		262,266
*	Bloomberry Resorts Corp.		9,045,400		1,099,836
*	Cebu Air, Inc.		603,320		377,556
*	Cebu Holdings, Inc.		3,180,400		265,902
* W	CEMEX Holdings Philippines, Inc.		10,073,263		116,955
	Century Pacific Food, Inc.		2,790,500		1,146,597
	Century Properties Group, Inc.		4,391,151		26,514
	China Banking Corp.		6,526,914		2,924,502
	COL Financial Group, Inc.		922,000		49,824
	Cosco Capital, Inc.		11,229,900		765,004
	D&L Industries, Inc.		6,538,700		888,275
*	DITO CME Holdings Corp.		1,016,100		51,803
	DMCI Holdings, Inc.		7,609,100		1,254,306
	DoubleDragon Corp.		2,132,190		207,115
	Eagle Cement Corp.		574,500		205,252
	East West Banking Corp.		1,996,300		202,062
	Filinvest Development Corp.		3,356,422		369,883
	Filinvest Land, Inc.		53,722,577		723,261
	First Gen Corp.		235,300		63,284
	First Philippine Holdings Corp.		1,712,200		1,807,578
	Global Ferronickel Holdings, Inc.		4,072,911		158,144
*	Global-Estate Resorts, Inc.		2,410,000		34,918
	GT Capital Holdings, Inc.		152,490		1,090,306
*	Holcim Philippines, Inc.		2,182,300		146,364
*	Integrated Micro-Electronics, Inc.		2,685,414		233,236
	LT Group, Inc.		2,600,500		363,523
*	MacroAsia Corp.		1,945,032		155,198
	Manila Water Co., Inc.		7,255,700		2,049,881
*	Max’s Group, Inc.		832,200		62,593

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
PHILIPPINES — (Continued)
*	Megawide Construction Corp.		2,375,208	$	141,920
	Megaworld Corp.		16,918,000		610,337
	Metro Pacific Investments Corp.		13,174,000		833,526
	Nickel Asia Corp.		10,067,100		843,211
*	Petron Corp.		9,686,800		417,500
*	Philcomsat Holdings Corp.		316,021		1,738
	Philex Mining Corp.		4,552,300		181,583
*	Philippine National Bank		1,895,726		629,047
* ††	Philippine National Construction Corp.		173,000		2,744
	Philippine Savings Bank		474,907		464,257
*	Philippine Seven Corp.		10,510		12,123
	Philippine Stock Exchange, Inc.		74,482		212,188
* ††	Philtown Properties, Inc.		430,294		0
*	Phoenix Petroleum Philippines, Inc.		929,580		136,615
	Pilipinas Shell Petroleum Corp.		1,365,390		406,482
	Premium Leisure Corp.		16,097,000		122,100
	Puregold Price Club, Inc.		1,996,790		1,036,063
*	PXP Energy Corp.		2,777,800		282,238
	RFM Corp.		7,485,068		490,238
	Rizal Commercial Banking Corp.		2,651,952		1,039,744
	Robinsons Land Corp.		8,402,151		2,161,850
	Robinsons Retail Holdings, Inc.		1,008,440		935,782
	Security Bank Corp.		494,790		740,868
	Semirara Mining & Power Corp.		224,900		136,733
	Shakey’s Pizza Asia Ventures, Inc.		274,900		34,513
*	Top Frontier Investment Holdings, Inc.		2,580		4,651
	Union Bank of the Philippines		2,090,564		2,786,454
	Vista Land & Lifescapes, Inc.		30,112,200		898,446
	Vistamalls, Inc.		589,600		34,316
	Wilcon Depot, Inc.		3,038,100		1,544,060
TOTAL PHILIPPINES					36,898,462
POLAND — (0.9%)
*	11 bit studios SA		4,289		483,858
	AB SA		2,202		18,910
*	Agora SA		118,444		123,921
*	Alior Bank SA		197,391		1,213,555
	Alumetal SA		7,000		97,134
#	Amica SA		13,231		196,749
*	AmRest Holdings SE		43,597		167,581
	Apator SA		59,870		173,210
#	ASBISc Enterprises PLC		51,262		231,825
	Asseco Poland SA		52,876		760,777
	Auto Partner SA		10,278		24,947
	Bank Handlowy w Warszawie SA		35,620		461,022
*	Bank Millennium SA		740,670		674,689
# *	Bank Ochrony Srodowiska SA		63,177		101,554
*	Benefit Systems SA		1,135		147,011
# *	Bioton SA		111,045		82,204
	Boryszew SA		130,974		121,739
	Budimex SA		56,826		2,852,963
	Bumech SA		642		8,972
# *	CCC SA		72,112		555,845
#	Celon Pharma SA		11,092		31,349
# *	CI Games SA		240,060		135,732
*	Ciech SA		76,136		533,461
	Cognor Holding SA		33,792		26,098
#	ComArch SA		12,137		355,829
#	Develia SA		1,491,512		619,027

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
POLAND — (Continued)
	Dom Development SA		14,033	$	248,012
#	Echo Investment SA		22,550		14,215
*	Enea SA		713,481		778,745
*	Eurocash SA		187,631		447,896
	Fabryki Mebli Forte SA		74,704		290,945
# *	Famur SA		717,909		462,381
	Firma Oponiarska Debica SA		4,682		49,450
#	Globe Trade Centre SA		449,774		572,979
*	Grupa Azoty SA		119,312		817,448
	Grupa Kety SA		54,943		5,668,090
	Inter Cars SA		36,447		2,746,139
# *	Jastrzebska Spolka Weglowa SA		150,049		1,301,314
	Kernel Holding SA		90,829		314,311
	KRUK SA		67,950		3,956,902
	LiveChat Software SA		21,353		496,251
# *	Lubawa SA		30,768		14,910
#	Lubelski Wegiel Bogdanka SA		25,286		176,924
	Mirbud SA		32,611		21,771
	Mo-BRUK SA		585		35,019
	Neuca SA		1,203		153,651
	NEWAG SA		522		1,485
# *	PKP Cargo SA		62,771		160,087
#	PlayWay SA		2,915		172,222
*	Polimex-Mostostal SA		48,575		34,679
#	Stalexport Autostrady SA		350,306		188,022
*	Tauron Polska Energia SA		2,605,956		1,057,334
	Tim SA		15,749		89,108
	VRG SA		873,743		625,349
#	Warsaw Stock Exchange		48,075		325,362
# *	Wawel SA		365		32,082
	Wirtualna Polska Holding SA		2,954		57,416
W	XTB SA		31,923		182,291
#	Zespol Elektrocieplowni Wroclawskich Kogeneracja SA		672		3,375
# *	Zespol Elektrowni Patnow Adamow Konin SA		86,407		494,789
TOTAL POLAND					32,190,916
QATAR — (0.9%)
	Aamal Co.		5,648,983		1,744,847
	Al Khaleej Takaful Group QSC		475,885		345,497
	Al Meera Consumer Goods Co. QSC		256,977		1,235,657
*	Alijarah Holding Co. QPSC		991,777		245,969
	Baladna		2,035,733		925,050
	Barwa Real Estate Co.		3,540,857		3,304,029
*	Dlala Brokerage & Investments Holding Co. QSC		354,306		162,984
	Doha Bank QPSC		3,560,833		2,156,278
	Doha Insurance Co. QSC		178,039		100,524
*	Estithmar Holding QPSC		3,254,754		1,624,663
*	Gulf International Services QSC		2,627,664		1,311,649
	Gulf Warehousing Co.		763,972		896,244
*	Lesha Bank LLC		3,432,187		1,154,572
	Mannai Corp. QSC		294,024		613,312
*	Mazaya Real Estate Development QPSC		2,272,872		521,379
	Medicare Group		504,405		964,244
	Qatar Aluminum Manufacturing Co.		5,693,630		2,533,237
	Qatar Insurance Co. SAQ		3,096,864		1,835,854
	Qatar International Islamic Bank QSC		291,121		924,683
	Qatar Islamic Insurance Group		13,547		33,052
	Qatar National Cement Co. QSC		600,194		750,766
	Qatar Navigation QSC		955,807		2,691,732

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
QATAR — (Continued)
*	Salam International Investment Ltd. QSC		2,728,762	$	580,971
	United Development Co. QSC		5,503,272		2,164,707
	Vodafone Qatar QSC		5,189,123		2,385,522
*	Widam Food Co.		298,655		228,388
	Zad Holding Co.		7,517		35,586
TOTAL QATAR					31,471,396
RUSSIA — (0.0%)
* ††	Etalon Group PLC, GDR		359,594		0
* ††	Globaltrans Investment PLC, GDR		168,485		0
* ††	Magnitogorsk Iron & Steel Works PJSC, GDR		32,799		0
* ††	Mechel PJSC, Sponsored ADR		123,618		0
* ††	PhosAgro PJSC, GDR		120,928		0
* ††	PhosAgro PJSC		779		0
* ††	Ros Agro PLC, GDR		44,970		0
* ††	Rostelecom PJSC, Sponsored ADR		171,891		0
* ††	RusHydro PJSC, ADR		952,144		0
* ††	VK Co. Ltd., GDR		126,978		0
* ††	VTB Bank PJSC, GDR		27,705		0
SAUDI ARABIA — (3.9%)
*	Abdul Mohsen Al-Hokair Tourism and Development Co.		47,049		226,691
	Abdullah Al Othaim Markets Co.		70,915		2,142,321
	Abdullah Saad Mohammed Abo Moati Stationaries Co.		29,214		248,534
	Advanced Petrochemical Co.		314,249		3,698,597
*	Al Alamiya for Cooperative Insurance Co.		77,220		310,681
	Al Babtain Power & Telecommunication Co.		80,373		481,451
*	Al Etihad Cooperative Insurance Co.		94,568		340,802
*	Al Gassim Investment Holding Co.		33,599		198,617
	Al Hammadi Holding		252,667		3,022,214
*	Al Hassan Ghazi Ibrahim Shaker Co.		93,542		558,628
	Al Jouf Agricultural Development Co.		45,839		526,158
*	Al Jouf Cement Co.		201,449		620,568
*	Al Khaleej Training & Education Co.		190,689		802,298
	Al Moammar Information Systems Co.		66,233		1,864,796
*	Al Rajhi Co. for Co-operative Insurance		73,964		2,015,062
*	Al Sagr Cooperative Insurance Co.		22,496		109,076
	Al Yamamah Steel Industries Co.		84,219		669,278
*	AlAbdullatif Industrial Investment Co.		139,281		657,972
	Alandalus Property Co.		194,116		820,088
	Alaseel Co.		47,539		539,604
*	Al-Baha Development & Investment Co.		57,086		214,780
	Aldrees Petroleum & Transport Services Co.		127,998		2,470,599
*	AlJazira Takaful Ta’awuni Co.		89,751		365,676
*	Allianz Saudi Fransi Cooperative Insurance Co.		128,617		464,647
	Al-Omran Industrial & Trading Co.		8,854		201,302
	Alujain Corp.		82,243		1,027,298
*	Arab Sea Information Systems Co.		15,224		336,745
*	Arabia Insurance Cooperative Co.		47,353		159,048
	Arabian Cement Co.		185,419		1,854,067
	Arabian Centres Co. Ltd.		298,279		1,549,812
*	Arabian Shield Cooperative Insurance Co.		151,853		710,920
	Arriyadh Development Co.		350,650		1,893,405
	Astra Industrial Group		153,280		2,244,182
	Ataa Educational Co.		34,801		490,651
	Baazeem Trading Co.		15,303		276,166
*	Basic Chemical Industries Ltd.		42,491		413,206
*	Batic Investments & Logistic Co.		109,054		686,632
	Bawan Co.		95,676		955,540

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SAUDI ARABIA — (Continued)
*	Buruj Cooperative Insurance Co.		52,247	$	224,487
*	Chubb Arabia Cooperative Insurance Co.		44,551		195,500
	City Cement Co.		270,893		1,464,016
*	Co. for Cooperative Insurance		183,232		4,129,417
	Dallah Healthcare Co.		116,339		4,959,732
*	Dar Al Arkan Real Estate Development Co.		1,798,980		6,436,392
*	Dur Hospitality Co.		195,380		1,107,211
	Eastern Province Cement Co.		112,249		1,321,606
	Electrical Industries Co.		65,904		471,082
*	Emaar Economic City		1,261,768		3,221,778
*	Fawaz Abdulaziz Al Hokair & Co.		113,211		521,102
	Fitaihi Holding Group		58,130		599,971
*	Gulf General Cooperative Insurance Co.		27,302		60,727
	Gulf Insurance Group		76,953		531,677
	Hail Cement Co.		198,272		671,905
	Halwani Brothers Co.		73,696		1,151,500
*	Herfy Food Services Co.		63,460		661,795
*	Jazan Energy & Development Co.		97,806		354,511
	L’Azurde Co. for Jewelry		83,263		319,176
	Leejam Sports Co. JSC		77,737		1,635,764
	Maharah Human Resources Co.		84,550		1,356,961
*	Malath Cooperative Insurance Co.		94,457		323,787
*	Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.		178,838		460,414
*	Methanol Chemicals Co.		131,270		1,075,051
*	Middle East Healthcare Co.		160,943		1,384,264
	Middle East Paper Co.		91,764		1,271,046
*	Middle East Specialized Cables Co.		32,002		100,711
*	Mobile Telecommunications Co. Saudi Arabia		1,338,969		4,624,653
	Najran Cement Co.		338,041		1,142,081
*	Nama Chemicals Co.		36,949		443,870
*	National Agriculture Development Co.		182,352		1,265,413
	National Co. for Glass Industries		63,808		655,566
	National Co. for Learning & Education		40,617		641,456
	National Gas & Industrialization Co.		129,343		1,848,095
	National Gypsum		62,155		437,061
*	National Industrialization Co.		885,659		3,148,727
	National Medical Care Co.		79,644		1,482,606
	Northern Region Cement Co.		394,791		1,231,377
	Qassim Cement Co.		136,489		2,738,370
*	Raydan Food Co.		21,364		148,833
*	Saudi Airlines Catering Co.		146,816		3,023,350
*	Saudi Arabian Cooperative Insurance Co.		56,673		195,992
	Saudi Automotive Services Co.		114,087		960,090
	Saudi Cement Co.		269,497		3,822,372
	Saudi Ceramic Co.		154,509		1,702,165
	Saudi Chemical Co. Holding		161,737		1,263,125
*	Saudi Co. For Hardware CJSC		69,700		624,477
*	Saudi Ground Services Co.		304,029		2,105,001
	Saudi Industrial Services Co.		145,826		865,064
*	Saudi Marketing Co.		85,805		495,984
*	Saudi Paper Manufacturing Co.		31,656		236,435
	Saudi Pharmaceutical Industries & Medical Appliances Corp.		136,212		960,008
*	Saudi Printing & Packaging Co.		81,990		381,457
*	Saudi Public Transport Co.		248,132		1,116,356
*	Saudi Real Estate Co.		623,638		2,088,008
*	Saudi Reinsurance Co.		192,614		681,906
*	Saudi Research & Media Group		39,943		2,139,643
*	Saudi Steel Pipe Co.		42,075		230,007
	Saudia Dairy & Foodstuff Co.		48,176		3,011,719

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SAUDI ARABIA — (Continued)
	Savola Group		7,824	$	60,956
*	Seera Group Holding		565,462		2,870,101
*	Sinad Holding Co.		240,983		813,939
	Southern Province Cement Co.		143,529		2,091,937
	Tabuk Cement Co.		183,346		852,174
*	Takween Advanced Industries Co.		131,028		370,647
	Umm Al-Qura Cement Co.		109,945		543,246
*	United Co-operative Assurance Co.		58,749		127,733
	United Electronics Co.		143,822		2,925,837
	United International Transportation Co.		124,963		1,520,875
	United Wire Factories Co.		63,308		506,658
*	Wafrah for Industry and Development		31,367		290,732
*	Walaa Cooperative Insurance Co.		135,005		488,485
*	Wataniya Insurance Co.		27,127		107,454
*	Yamama Cement Co.		382,705		2,991,917
	Yanbu Cement Co.		281,306		3,120,329
	Zahrat Al Waha For Trading Co.		41,562		395,732
*	Zamil Industrial Investment Co.		123,209		586,238
TOTAL SAUDI ARABIA					138,555,952
SOUTH AFRICA — (3.8%)
	Adcock Ingram Holdings Ltd.		158,484		411,898
	Advtech Ltd.		2,588,777		2,510,347
	AECI Ltd.		485,126		2,440,500
	African Rainbow Minerals Ltd.		256,363		3,610,133
	Afrimat Ltd.		162,854		425,500
	Alexander Forbes Group Holdings Ltd.		2,051,912		553,695
	Altron Ltd., Class A		940,823		449,096
	Alviva Holdings Ltd.		411,231		514,602
	Astral Foods Ltd.		141,045		1,354,261
*	Aveng Ltd.		10,798		9,223
#	AVI Ltd.		1,073,577		4,300,203
	Barloworld Ltd.		811,474		4,541,183
*	Blue Label Telecoms Ltd.		1,427,968		401,134
# *	Brait PLC		3,522,364		835,527
#	Cashbuild Ltd.		69,167		722,535
	Caxton & CTP Publishers & Printers Ltd.		323,754		167,338
*	City Lodge Hotels Ltd.		1,183,037		270,025
	Coronation Fund Managers Ltd.		629,926		1,124,498
	Curro Holdings Ltd.		519,879		239,009
#	DataTec Ltd.		2,023,964		4,551,150
W	Dis-Chem Pharmacies Ltd.		989,847		1,809,273
*	Distell Group Holdings Ltd.		227,535		2,149,913
	DRDGOLD Ltd.		1,386,609		715,728
	Exxaro Resources Ltd.		98,848		1,101,484
	Famous Brands Ltd.		309,750		950,466
	Foschini Group Ltd.		907,837		5,675,989
	Grand Parade Investments Ltd.		1,258,031		232,277
	Grindrod Ltd.		1,987,164		1,121,288
	Grindrod Shipping Holdings Ltd.		38,439		991,474
#	Harmony Gold Mining Co. Ltd., Sponsored ADR		1,627,447		4,556,852
	Hudaco Industries Ltd.		116,059		864,504
	Italtile Ltd.		902,956		675,886
	JSE Ltd.		307,885		1,701,196
	KAP Industrial Holdings Ltd.		8,476,005		2,131,524
*	Lesaka Technologies, Inc.		776		2,580
	Lewis Group Ltd.		578,141		1,515,560
	Life Healthcare Group Holdings Ltd.		4,434,814		4,765,656
*	Massmart Holdings Ltd.		342,043		1,139,144

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH AFRICA — (Continued)
	Merafe Resources Ltd.		3,009,333	$	203,293
	Metair Investments Ltd.		778,116		1,172,877
	MiX Telematics Ltd.		37,895		10,523
	MiX Telematics Ltd., Sponsored ADR		27,358		219,411
	Momentum Metropolitan Holdings		3,353,713		3,132,669
	Motus Holdings Ltd.		459,916		2,903,736
	Mpact Ltd.		1,117,953		1,703,267
	Mr Price Group Ltd.		433,611		4,173,404
	MultiChoice Group		299,951		1,960,422
*	Murray & Roberts Holdings Ltd.		1,606,489		415,619
*	Nampak Ltd.		1,413,032		144,839
	Netcare Ltd.		3,207,467		2,728,025
	Ninety One Ltd.		72,524		170,535
*	Northam Platinum Holdings Ltd.		76,106		711,981
	Oceana Group Ltd.		285,133		859,995
	Omnia Holdings Ltd.		832,849		3,267,550
	Pick n Pay Stores Ltd.		1,054,001		3,388,007
*	PPC Ltd.		3,859,494		468,430
	PSG Konsult Ltd.		827,407		494,199
	Raubex Group Ltd.		952,268		1,486,014
	RCL Foods Ltd.		535,302		319,659
	Reunert Ltd.		625,305		1,571,499
	RFG Holdings Ltd.		423,587		242,028
	Royal Bafokeng Platinum Ltd.		539,585		4,340,025
	Santam Ltd.		139,757		1,933,436
*	Sappi Ltd.		1,465,415		4,514,658
*	Southern Sun Ltd.		92,144		21,595
	SPAR Group Ltd.		596,664		5,057,843
	Spur Corp. Ltd.		313,469		354,942
	Sun International Ltd.		1,072,783		1,930,282
	Super Group Ltd.		1,617,616		2,289,646
*	Telkom SA SOC Ltd.		1,012,159		2,010,229
#	Tiger Brands Ltd.		255,314		2,583,336
	Transaction Capital Ltd.		1,597,214		3,570,410
*	Trencor Ltd.		903,601		292,703
	Truworths International Ltd.		1,167,171		3,321,605
	Tsogo Sun Gaming Ltd.		1,735,276		1,088,194
*	Wilson Bayly Holmes-Ovcon Ltd.		274,413		1,441,441
	Woolworths Holdings Ltd.		2,234,195		7,661,480
TOTAL SOUTH AFRICA					135,692,458
SOUTH KOREA — (11.3%)
# *	3S Korea Co. Ltd.		179,036		302,806
	ABco Electronics Co. Ltd.		34,238		252,738
	ABOV Semiconductor Co. Ltd.		51,471		363,937
# *	Abpro Bio Co. Ltd.		630,240		230,212
*	Actoz Soft Co. Ltd.		15,291		69,125
	ADTechnology Co. Ltd.		4,814		55,781
#	Advanced Nano Products Co. Ltd.		28,035		1,824,052
#	Advanced Process Systems Corp.		42,216		509,824
	Aekyung Chemical Co. Ltd.		15,553		101,209
	Aekyung Industrial Co. Ltd.		18,948		146,083
*	AeroSpace Technology of Korea, Inc.		27,207		80,307
	AfreecaTV Co. Ltd.		27,213		1,515,087
*	Agabang&Company		62,474		137,202
	Ahnlab, Inc.		22,134		966,928
*	Air Busan Co. Ltd.		13,576		18,562
	AJ Networks Co. Ltd.		57,598		237,180
*	Ajin Industrial Co. Ltd.		102,112		198,028

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	AJINEXTEK Co. Ltd.		4,451	$	27,074
	AK Holdings, Inc.		13,911		110,038
*	ALUKO Co. Ltd.		176,811		311,542
*	Amicogen, Inc.		32,817		436,802
*	Aminologics Co. Ltd.		257,988		345,792
*	Amo Greentech Co. Ltd.		16,729		178,024
*	Amotech Co. Ltd.		28,871		440,947
*	Anam Electronics Co. Ltd.		194,257		251,650
# *	Ananti, Inc.		237,282		878,994
*	Anapass, Inc.		2,646		46,323
*	Anterogen Co. Ltd.		17,628		176,450
*	Apact Co. Ltd.		31,899		110,432
*	APRO Co. Ltd.		1,974		22,396
*	Aprogen pharmaceuticals, Inc.		861,356		334,982
*	Aprogen, Inc.		125,988		92,148
	APS Holdings Corp.		46,153		388,089
	APTC Co. Ltd.		26,444		258,081
* ††	Arion Technology, Inc.		51,658		1,870
*	Aroot Co. Ltd.		130,461		46,703
	Asia Cement Co. Ltd.		56,758		368,586
	ASIA Holdings Co. Ltd.		3,528		269,635
	Asia Pacific Satellite, Inc.		6,851		43,207
	Asia Paper Manufacturing Co. Ltd.		17,756		455,779
*	Asiana Airlines, Inc.		82,372		597,409
*	ASTORY Co. Ltd.		9,483		136,966
	Atec Co. Ltd.		16,045		99,114
*	A-Tech Solution Co. Ltd.		10,226		68,708
	Atinum Investment Co. Ltd.		131,075		250,622
*	ATON, Inc.		2,476		44,412
	AUK Corp.		95,994		142,008
	Aurora World Corp.		24,777		132,860
	Austem Co. Ltd.		36,276		37,756
#	Autech Corp.		46,360		190,506
	Avaco Co. Ltd.		36,513		437,668
*	Avatec Co. Ltd.		6,827		83,850
	Baiksan Co. Ltd.		54,335		327,659
* ††	Barun Electronics Co. Ltd.		1,089		4,854
*	Barunson Entertainment & Arts Corp.		89,960		51,764
	Bcworld Pharm Co. Ltd.		18,102		87,068
	BGF Co. Ltd.		119,024		272,481
#	BH Co. Ltd.		79,009		1,333,283
*	Binex Co. Ltd.		107,355		837,602
	Binggrae Co. Ltd.		21,800		570,600
# *	Bioneer Corp.		43,777		816,309
# *	BioSmart Co. Ltd.		66,962		154,170
*	Biotoxtech Co. Ltd.		46,948		240,110
	BIT Computer Co. Ltd.		62,006		245,800
	Bixolon Co. Ltd.		37,234		202,638
	Bluecom Co. Ltd.		17,420		49,294
#	Boditech Med, Inc.		87,808		634,482
*	Bohae Brewery Co. Ltd.		316,282		139,309
#	BoKwang Industry Co. Ltd.		66,131		271,671
	Bolak Co. Ltd.		110,078		110,781
	Bookook Securities Co. Ltd.		14,493		183,631
	Boryung		107,363		790,304
*	Bosung Power Technology Co. Ltd.		164,457		458,886
*	Bridge Biotherapeutics, Inc.		6,700		44,921
#	Bukwang Pharmaceutical Co. Ltd.		166,111		878,823
*	Bumyang Construction Co. Ltd.		1,797		3,994

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	BusinessOn Communication Co. Ltd.		3,824	$	20,689
	BYC Co. Ltd.		1,007		259,711
*	BYON Co. Ltd.		19,308		11,875
	Byucksan Corp.		165,999		226,117
*	Caelum Co. Ltd.		7,444		15,648
*	Cafe24 Corp.		35,287		249,545
*	CammSys Corp.		267,893		392,196
	Camus Engineering & Construction, Inc.		27,025		32,180
*	Capro Corp.		116,956		180,765
#	Caregen Co. Ltd.		13,593		906,971
*	Carelabs Co. Ltd.		17,016		87,071
	Cell Biotech Co. Ltd.		14,658		115,100
*	Cellumed Co. Ltd.		84,047		255,337
*	Chabiotech Co. Ltd.		127,163		1,175,155
	Changhae Ethanol Co. Ltd.		15,424		120,619
*	Charm Engineering Co. Ltd.		22,651		13,750
*	Cheil Bio Co. Ltd.		12,936		12,060
*	Chemon, Inc.		94,556		146,388
	Chemtronics Co. Ltd.		44,727		493,483
*	Chemtros Co. Ltd.		49,470		301,485
	Cheryong Electric Co. Ltd.		45,503		301,716
*	ChinHung International, Inc.		225,900		194,616
	Chinyang Holdings Corp.		86,435		182,152
	Chips&Media, Inc.		13,802		154,078
*	Choa Pharmaceutical Co.		85,589		132,907
*	Choil Aluminum Co. Ltd.		202,637		332,198
	Chokwang Leather Co. Ltd.		607		20,874
	Chokwang Paint Ltd.		16,613		87,909
#	Chong Kun Dang Pharmaceutical Corp.		19,342		1,139,306
	Chongkundang Holdings Corp.		11,961		440,652
	Choong Ang Vaccine Laboratory		28,743		210,552
*	Chorokbaem Media Co. Ltd.		48,420		354,600
	Chosun Refractories Co. Ltd.		6,616		355,241
*	CJ Bioscience, Inc.		471		8,588
	CJ Freshway Corp.		26,463		592,603
*	CJ Seafood Corp.		89,298		166,264
	CKD Bio Corp.		12,748		194,827
#	Classys, Inc.		49,967		538,853
	Clean & Science Co. Ltd.		14,112		69,432
	CLIO Cosmetics Co. Ltd.		10,125		88,657
*	Cloud Air Co. Ltd.		49,238		32,259
*	CMG Pharmaceutical Co. Ltd.		414,020		616,210
# * ††	CNT85, Inc.		1,452		10,046
*	CoAsia Corp.		22,488		98,654
*	Com2uS Holdings Corp.		16,335		493,971
	Com2uSCorp.		24,598		1,223,929
	Commax Co. Ltd.		8,272		18,299
*	Comtec Systems Co. Ltd.		55,335		24,301
*	ContentreeJoongAng Corp.		22,911		353,208
*	Coreana Cosmetics Co. Ltd.		102,112		201,701
*	Corentec Co. Ltd.		13,157		83,730
*	COSMAX NBT, Inc.		30,396		82,040
#	Cosmax, Inc.		32,365		1,038,237
*	Cosmecca Korea Co. Ltd.		5,765		26,267
*	CosmoAM&T Co. Ltd.		44,494		2,089,210
*	Cosmochemical Co. Ltd.		54,550		961,588
#	Cowell Fashion Co. Ltd.		106,695		379,848
	Cowintech Co. Ltd.		12,547		222,899
	Creas F&C Co. Ltd.		2,747		38,288

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
# *	Creative & Innovative System		187,522	$	1,712,919
#	Creverse, Inc.		5,127		74,405
	Crown Confectionery Co. Ltd.		3,157		18,024
	CROWNHAITAI Holdings Co. Ltd.		23,850		101,850
*	CrystalGenomics, Inc.		185,334		442,593
*	CS Bearing Co. Ltd.		34,118		177,268
*	CTC BIO, Inc.		80,932		384,219
	CTK Co. Ltd.		2,437		9,790
*	Cube Entertainment, Inc.		12,798		156,370
	Cuckoo Holdings Co. Ltd.		31,442		358,296
	Cuckoo Homesys Co. Ltd.		26,647		536,314
*	Curexo, Inc.		43,440		217,707
# *	Curo Co. Ltd.		478,720		109,492
*	CUROCOM Co. Ltd.		73,660		41,381
	Cymechs, Inc.		25,921		218,886
	D.I Corp.		80,289		247,296
*	DA Technology Co. Ltd.		60,673		151,493
	Dae Han Flour Mills Co. Ltd.		4,392		397,311
	Dae Hwa Pharmaceutical Co. Ltd.		48,070		341,930
	Dae Hyun Co. Ltd.		102,719		152,201
*	Dae Won Chemical Co. Ltd.		80,068		151,719
	Dae Won Kang Up Co. Ltd.		151,346		270,684
*	Dae Young Packaging Co. Ltd.		248,153		257,557
# *	Daea TI Co. Ltd.		259,690		518,214
*	Daebo Magnetic Co. Ltd.		5,876		248,856
#	Daebongls Co. Ltd.		23,249		124,391
#	Daechang Co. Ltd.		221,469		198,588
	Daedong Corp.		59,572		478,305
	Daeduck Electronics Co. Ltd.		99,329		1,709,775
	Daehan New Pharm Co. Ltd.		38,400		232,447
	Daehan Steel Co. Ltd.		34,780		298,461
*	Dae-Il Corp.		40,268		112,804
#	Daejoo Electronic Materials Co. Ltd.		40,913		2,573,380
	Daekyo Co. Ltd.		53,089		85,483
	Daelim B&Co Co. Ltd.		36,970		99,351
*	Daemyung Sonoseason Co. Ltd.		230,575		112,381
	Daeryuk Can Co. Ltd.		12,389		36,448
#	Daesang Corp.		81,947		1,203,920
	Daesang Holdings Co. Ltd.		51,274		254,554
	Daesung Energy Co. Ltd.		35,012		270,594
	Daesung Holdings Co. Ltd.		12,873		891,806
*	Daesung Industrial Co. Ltd.		83,195		238,639
*	Daesung Private Equity, Inc.		34,984		66,779
*	Daewon Cable Co. Ltd.		206,186		170,345
*	Daewon Media Co. Ltd.		33,749		279,975
	Daewon Pharmaceutical Co. Ltd.		77,632		916,830
	Daewon San Up Co. Ltd.		55,250		213,475
# *	Daewoo Electronic Components Co. Ltd.		138,153		148,249
	Daewoong Co. Ltd.		58,330		844,026
	Daewoong Pharmaceutical Co. Ltd.		1,801		203,896
*	Dahaam E-Tec Co. Ltd.		2,100		61,919
	Daihan Pharmaceutical Co. Ltd.		19,913		389,771
	Daishin Securities Co. Ltd.		112,901		1,104,662
# *	Danal Co. Ltd.		202,555		820,479
*	Danawa Co. Ltd.		30,039		360,066
	Daol Investment & Securities Co. Ltd.		164,356		356,538
	Daou Data Corp.		60,778		662,414
	Daou Technology, Inc.		91,181		1,157,149
# *	Dasan Networks, Inc.		113,280		319,976

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
#	Dawonsys Co. Ltd.		111,345	$	1,333,324
# *	Dayou Automotive Seat Technology Co. Ltd.		183,340		85,676
*	Dayou Plus Co. Ltd.		354,517		204,374
	DB Financial Investment Co. Ltd.		126,888		358,112
*	DB, Inc.		499,370		263,956
	DCM Corp.		18,701		183,554
*	Dentis Co. Ltd.		9,604		49,043
#	Dentium Co. Ltd.		26,896		1,437,616
	Deutsch Motors, Inc.		97,283		426,180
*	Development Advance Solution Co. Ltd.		39,144		146,448
	Device ENG Co. Ltd.		1,354		14,746
#	Devsisters Co. Ltd.		8,768		299,432
*	Dexter Studios Co. Ltd.		49,256		318,266
#	DGB Financial Group, Inc.		629,641		2,998,224
	DI Dong Il Corp.		52,974		533,630
	Digital Chosun Co. Ltd.		50,523		81,951
	Digital Daesung Co. Ltd.		66,620		298,578
*	DIO Corp.		45,722		636,052
	Display Tech Co. Ltd.		44,803		153,176
	DL Construction Co. Ltd.		26,871		247,768
#	DL Holdings Co. Ltd.		39,308		1,693,898
* ††	DMOA Co. Ltd.		414,534		137,365
	DMS Co. Ltd.		78,897		259,484
	DN Automotive Corp.		2,721		110,602
#	DNF Co. Ltd.		35,213		324,978
	Dohwa Engineering Co. Ltd.		60,443		379,512
	Dong Ah Tire & Rubber Co. Ltd.		38,282		311,551
	Dong-A Hwasung Co. Ltd.		14,590		78,729
	Dong-A Socio Holdings Co. Ltd.		14,514		1,037,839
	Dong-A ST Co. Ltd.		21,335		815,498
	Dong-Ah Geological Engineering Co. Ltd.		32,330		298,884
*	Dongbang Transport Logistics Co. Ltd.		94,680		142,410
	Dongbu Corp.		31,671		151,197
#	Dongil Industries Co. Ltd.		4,037		505,969
	Dongjin Semichem Co. Ltd.		65,470		1,377,707
	Dongkoo Bio & Pharma Co. Ltd.		21,999		86,916
	DongKook Pharmaceutical Co. Ltd.		95,048		1,046,249
	Dongkuk Industries Co. Ltd.		121,053		398,837
	Dongkuk Steel Mill Co. Ltd.		234,980		1,882,828
	Dongkuk Structures & Construction Co. Ltd.		120,350		439,118
	Dongsung Chemical Co. Ltd.		120,509		373,252
	Dongsung Finetec Co. Ltd.		71,914		556,709
*	Dongwha Enterprise Co. Ltd.		17,954		825,418
#	Dongwha Pharm Co. Ltd.		80,593		510,107
	Dongwon Development Co. Ltd.		153,298		382,613
	Dongwon F&B Co. Ltd.		4,936		446,776
	Dongwon Industries Co. Ltd.		4,704		759,105
#	Dongwon Systems Corp.		24,688		794,618
*	Dongwoo Farm To Table Co. Ltd.		32,913		62,779
	Dongyang E&P, Inc.		19,653		173,539
*	Dongyang Steel Pipe Co. Ltd.		396,748		282,099
#	Doosan Co. Ltd.		23,474		1,271,791
	Doosan Tesna, Inc.		20,410		381,402
#	DoubleUGames Co. Ltd.		36,271		1,219,001
	Douzone Bizon Co. Ltd.		29,827		637,503
*	Dream Security Co. Ltd.		44,221		83,976
	Dreamtech Co. Ltd.		7,465		50,138
*	Dreamus Co.		62,262		115,283
# *	DRTECH Corp.		88,665		86,303

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	DSC Investment, Inc.		25,978	$	75,178
*	DSK Co. Ltd.		6,892		27,939
*	Duck Yang Industry Co. Ltd.		6,699		13,767
*	Duckshin Housing Co. Ltd.		41,004		46,506
# *	Duk San Neolux Co. Ltd.		41,465		1,113,752
*	Duksan Hi-Metal Co. Ltd.		6,584		26,504
*	Duksan Techopia Co. Ltd.		12,794		156,226
	DY Corp.		62,461		237,851
	DY POWER Corp.		34,233		262,655
	DYPNF Co. Ltd.		10,346		296,436
*	E Investment&Development Co. Ltd.		59,835		41,926
# *	E& Corp. Co. Ltd.		111,656		205,153
*	E&D Co. Ltd.		13,658		279,403
	E1 Corp.		13,432		402,564
	Eagle Veterinary Technology Co. Ltd.		7,061		30,001
	Eagon Industrial Ltd.		8,464		44,371
	Easy Bio, Inc.		87,948		236,537
#	Easy Holdings Co. Ltd.		176,052		354,878
	eBEST Investment & Securities Co. Ltd.		14,685		52,025
#	Echo Marketing, Inc.		47,640		469,033
	Ecoplastic Corp.		6,173		13,127
	Ecopro HN Co. Ltd.		13,855		500,940
	e-Credible Co. Ltd.		18,917		226,896
*	Eehwa Construction Co. Ltd.		55,076		158,629
# *	EG Corp.		19,573		99,267
*	Ehwa Technologies Information Co. Ltd.		455,538		223,904
	Elentec Co. Ltd.		49,808		423,380
*	EMKOREA Co. Ltd.		136,418		269,643
	EM-Tech Co. Ltd.		42,707		817,961
*	Enex Co. Ltd.		33,251		20,496
	ENF Technology Co. Ltd.		37,945		608,091
*	Enplus Co. Ltd.		92,834		323,902
*	Enzychem Lifesciences Corp.		57,121		76,479
#	Eo Technics Co. Ltd.		31,038		1,416,878
	Estechpharma Co. Ltd.		42,421		217,734
*	ESTsoft Corp.		27,672		190,708
*	E-TRON Co. Ltd.		1,491,477		164,142
*	Eubiologics Co. Ltd.		18,604		135,365
	Eugene Corp.		191,672		457,377
	Eugene Investment & Securities Co. Ltd.		263,075		423,091
	Eugene Technology Co. Ltd.		54,249		818,429
	Eusu Holdings Co. Ltd.		59,047		285,886
*	Eutilex Co. Ltd.		2,530		12,930
*	EV Advanced Material Co. Ltd.		44,834		53,076
*	Ewon Comfortech Co. Ltd.		14,501		86,531
*	E-World		79,853		87,593
*	Exem Co. Ltd.		92,152		232,332
*	ezCaretech Co. Ltd.		7,329		91,837
	F&F Co. Ltd.		35,705		3,637,911
	Farmsco		14,684		37,864
	FarmStory Co. Ltd.		168,511		238,468
	Fila Holdings Corp.		39,242		898,750
	Fine M-Tec Co. Ltd.		5,701		30,295
#	Fine Semitech Corp.		39,942		377,440
	Fine Technix Co. Ltd.		3,101		5,129
*	Firstec Co. Ltd.		116,567		247,074
*	Flask Co. Ltd.		9,575		10,103
*	FNC Entertainment Co. Ltd.		3,147		10,193
	Foosung Co. Ltd.		139,078		1,206,417

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Fursys, Inc.		14,385	$	276,599
*	FutureChem Co. Ltd.		21,109		142,196
	Gabia, Inc.		43,120		308,181
#	Galaxia Moneytree Co. Ltd.		59,849		211,779
	Gaon Cable Co. Ltd.		6,271		73,426
*	GemVax & Kael Co. Ltd.		40,963		355,827
	Gemvaxlink Co. Ltd.		210,716		152,895
*	Genematrix, Inc.		12,082		39,470
# *	Genexine, Inc.		34,769		545,123
*	Genie Music Corp.		124,776		330,248
*	GenNBio, Inc.		2,619		2,993
	GENOLUTION, Inc.		6,482		47,012
*	Genomictree, Inc.		14,507		91,516
	Genoray Co. Ltd.		2,039		11,434
	Geumhwa PSC Co. Ltd.		6,842		134,133
*	Gigalane Co. Ltd.		63,904		53,691
	Global Standard Technology Co. Ltd.		14,039		194,424
	GMB Korea Corp.		24,445		83,147
*	GNCO Co. Ltd.		36,104		11,067
#	Golfzon Co. Ltd.		12,615		1,019,269
	Golfzon Newdin Holdings Co. Ltd.		84,626		319,341
# * ††	Good People Co. Ltd.		225,318		31,290
#	Gradiant Corp.		41,255		394,686
# *	Grand Korea Leisure Co. Ltd.		85,132		847,248
	Green Chemical Co. Ltd.		2,787		19,237
	Green Cross Holdings Corp.		80,040		972,772
*	GS Global Corp.		194,831		368,185
	Gwangju Shinsegae Co. Ltd.		13,770		304,297
	Haatz, Inc.		5,684		20,642
	HAESUNG DS Co. Ltd.		39,224		1,042,997
	Haesung Industrial Co. Ltd.		1,319		9,526
	Haitai Confectionery & Foods Co. Ltd.		37,409		154,358
#	Han Kuk Carbon Co. Ltd.		111,192		864,307
	Hana Materials, Inc.		13,726		294,435
# *	Hana Micron, Inc.		128,070		837,599
	Hana Pharm Co. Ltd.		859		8,615
# *	Hanall Biopharma Co. Ltd.		89,064		885,143
*	Hancom, Inc.		56,997		522,743
	Handok, Inc.		32,265		366,623
	Handsome Co. Ltd.		52,459		922,636
	Hanil Cement Co. Ltd.		32,697		258,776
	Hanil Feed Co. Ltd.		58,748		253,219
	Hanil Holdings Co. Ltd.		47,288		334,932
	Hanil Hyundai Cement Co. Ltd.		8,926		113,852
	Hanjin Transportation Co. Ltd.		33,634		455,283
*	Hankook Cosmetics Co. Ltd.		2,026		8,548
*	Hankook Cosmetics Manufacturing Co. Ltd.		4,096		51,627
	Hankook Shell Oil Co. Ltd.		2,629		459,408
	Hanla IMS Co. Ltd.		23,956		83,971
	Hanmi Semiconductor Co. Ltd.		165,467		1,366,235
	HanmiGlobal Co. Ltd.		31,164		866,340
	Hannong Chemicals, Inc.		3,988		37,924
*	Hans Biomed Corp.		29,685		196,396
	Hansae Co. Ltd.		72,287		746,601
	Hansae Yes24 Holdings Co. Ltd.		45,615		147,744
	Hanshin Construction Co. Ltd.		17,142		105,894
	Hanshin Machinery Co.		91,006		438,632
	Hansol Holdings Co. Ltd.		136,151		301,798
	Hansol HomeDeco Co. Ltd.		255,321		188,698

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
# *	Hansol IONES Co. Ltd.		71,025	$	328,493
	Hansol Paper Co. Ltd.		64,542		617,385
*	Hansol Technics Co. Ltd.		102,841		374,806
#	Hanssem Co. Ltd.		14,050		368,834
*	Hanwha General Insurance Co. Ltd.		233,991		603,859
	Hanwha Investment & Securities Co. Ltd.		393,869		678,184
	Hanyang Eng Co. Ltd.		36,442		347,259
	Hanyang Securities Co. Ltd.		35,735		217,453
	Harim Co. Ltd.		194,038		365,827
	Harim Holdings Co. Ltd.		145,706		718,946
*	HB SOLUTION Co. Ltd.		28,101		272,628
	HB Technology Co. Ltd.		211,978		271,847
	HDC Holdings Co. Ltd.		37,315		142,937
	HDC Hyundai Development Co. Engineering & Construction, Class E		108,214		758,450
	HDC Hyundai Engineering Plastics Co. Ltd.		50,887		138,609
	HDCLabs Co. Ltd.		22,528		117,733
	Hecto Financial Co. Ltd.		7,655		124,510
	Hecto Innovation Co. Ltd.		34,635		318,211
*	Helixmith Co. Ltd.		68,999		604,306
*	Heungkuk Fire & Marine Insurance Co. Ltd.		188,691		390,448
*	HFR, Inc.		18,119		384,617
	High Tech Pharm Co. Ltd.		9,245		59,172
	Hitejinro Holdings Co. Ltd.		27,709		196,267
*	HJ Magnolia Yongpyong Hotel & Resort Corp.		109,445		233,420
*	HJ Shipbuilding & Construction Co. Ltd.		110,020		270,639
	HL D&I Halla Corp.		68,744		137,038
	HL Holdings Corp.		27,184		600,430
*	HLB Global Co. Ltd.		36,958		206,386
# *	HLB Life Science Co. Ltd.		228,090		1,938,501
*	Hlb Pharma Ceutical Co. Ltd.		5,001		49,007
*	HLB Therapeutics Co. Ltd.		59,545		564,840
	HLscience Co. Ltd.		3,143		40,465
*	Home Center Holdings Co. Ltd.		233,830		177,797
*	Homecast Co. Ltd.		116,798		337,247
	HS Industries Co. Ltd.		128,232		337,962
*	HSD Engine Co. Ltd.		128,636		590,103
*	Hugel, Inc.		12,995		1,017,992
*	Humax Co. Ltd.		65,528		161,848
	Humedix Co. Ltd.		21,560		318,432
*	Huneed Technologies		12,770		55,773
#	Huons Co. Ltd.		30,924		677,808
	Huons Global Co. Ltd.		26,394		327,287
	Huvis Corp.		52,644		181,741
	Huvitz Co. Ltd.		37,452		289,817
#	Hwa Shin Co. Ltd.		48,675		303,829
	Hwacheon Machine Tool Co. Ltd.		4,540		99,875
# *	Hwail Pharm Co. Ltd.		150,233		229,449
	Hwangkum Steel & Technology Co. Ltd.		33,205		167,015
	Hwaseung Corp. Co. Ltd.		11,150		10,403
	Hwaseung Enterprise Co. Ltd.		63,281		390,964
	HwaSung Industrial Co. Ltd.		37,257		288,520
	Hy-Lok Corp.		28,001		405,291
*	Hyosung Chemical Corp.		5,520		392,046
#	Hyosung Corp.		18,519		889,702
*	Hyosung Heavy Industries Corp.		9,479		381,097
	Hyosung TNC Corp.		4,054		742,812
	HyosungITX Co. Ltd.		13,955		128,722
	Hyundai Bioland Co. Ltd.		51,612		437,941
	Hyundai BNG Steel Co. Ltd.		36,935		269,007

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Hyundai Construction Equipment Co. Ltd.		50,159	$	1,510,494
	Hyundai Corp.		30,105		341,894
	Hyundai Corp. Holdings, Inc.		19,173		136,509
#	Hyundai Department Store Co. Ltd.		46,770		1,773,878
# *	Hyundai Doosan Infracore Co. Ltd.		317,589		1,234,672
*	Hyundai Electric & Energy System Co. Ltd.		57,167		1,376,203
	Hyundai Elevator Co. Ltd.		72,251		1,276,619
*	Hyundai Energy Solutions Co. Ltd.		4,304		177,534
*	HYUNDAI EVERDIGM Corp.		4,006		22,966
	Hyundai Ezwel Co. Ltd.		76,198		275,194
	Hyundai Futurenet Co. Ltd.		138,333		255,982
#	Hyundai Greenfood Co. Ltd.		168,643		769,873
	Hyundai Home Shopping Network Corp.		23,796		747,573
	Hyundai Livart Furniture Co. Ltd.		47,892		282,737
	Hyundai Motor Securities Co. Ltd.		76,683		495,521
	Hyundai Pharmaceutical Co. Ltd.		91,807		322,322
	Hyundai Wia Corp.		43,714		1,870,057
	Hyungkuk F&B Co. Ltd.		13,023		22,234
# * ††	Hyupjin Co. Ltd.		97,584		10,276
#	HyVision System, Inc.		47,462		506,625
*	I&C Technology Co. Ltd.		639		1,172
	i3system, Inc.		18,619		206,261
*	iA, Inc.		1,086,695		530,687
	ICD Co. Ltd.		54,903		325,776
	IDIS Holdings Co. Ltd.		1,320		10,143
*	IL Science Co. Ltd.		7,360		14,591
	Il Sung Construction Co. Ltd.		1,197		1,915
	Iljin Electric Co. Ltd.		62,223		190,686
#	Iljin Holdings Co. Ltd.		80,297		225,907
	Iljin Power Co. Ltd.		26,588		241,055
	Ilshin Spinning Co. Ltd.		5,983		436,436
*	Ilshin Stone Co. Ltd.		206,774		164,508
††	ilShinbiobase Co. Ltd.		122,045		145,511
	Ilsung Pharmaceuticals Co. Ltd.		4,137		308,880
	Ilyang Pharmaceutical Co. Ltd.		52,959		660,123
*	iMarketKorea, Inc.		69,527		502,371
	InBody Co. Ltd.		39,563		569,344
	Incross Co. Ltd.		29,001		324,329
# *	Infinitt Healthcare Co. Ltd.		34,801		112,232
	InfoBank Corp.		9,135		77,597
	Innocean Worldwide, Inc.		35,112		988,992
	InnoWireless Co. Ltd.		19,517		375,859
#	Innox Advanced Materials Co. Ltd.		49,189		941,367
*	Innox Corp.		928		13,451
*	Inscobee, Inc.		214,489		230,154
# *	Insun ENT Co. Ltd.		107,394		675,083
*	Insung Information Co. Ltd.		11,228		16,054
	Intekplus Co. Ltd.		19,343		186,778
	Intellian Technologies, Inc.		11,747		513,625
	Intelligent Digital Integrated Security Co. Ltd.		23,792		358,847
# *	Interflex Co. Ltd.		50,589		363,138
	Interojo Co. Ltd.		36,733		626,645
	INTOPS Co. Ltd.		38,974		760,235
# *	iNtRON Biotechnology, Inc.		83,532		517,687
	Inzi Controls Co. Ltd.		9,887		55,457
	INZI Display Co. Ltd.		13,375		15,521
#	IS Dongseo Co. Ltd.		52,102		1,151,389
	ISC Co. Ltd.		41,915		890,488
	i-SENS, Inc.		38,982		945,515

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	ISU Abxis Co. Ltd.		7,306	$	30,371
	ISU Chemical Co. Ltd.		60,351		1,064,119
*	IsuPetasys Co. Ltd.		155,641		641,398
	It’s Hanbul Co. Ltd.		10,670		106,818
*	Iwin Plus Co. Ltd.		14,777		5,291
*	Jahwa Electronics Co. Ltd.		38,252		499,198
	JASTECH Ltd.		14,471		67,214
	JB Financial Group Co. Ltd.		439,857		2,214,915
	JC Chemical Co. Ltd.		22,661		117,221
	JC Hyun System, Inc.		47,592		120,515
	Jeil Pharmaceutical Co. Ltd.		7,973		99,742
*	Jeju Semiconductor Corp.		119,230		319,078
	Jinro Distillers Co. Ltd.		7,784		117,421
	Jinsung T.E.C.		36,955		279,478
	JLS Co. Ltd.		42,073		219,394
*	JNK Heaters Co. Ltd.		62,635		234,884
*	JNTC Co. Ltd.		9,150		29,969
*	Jokwang ILI Co. Ltd.		90,171		87,854
*	JoyCity Corp.		32,470		95,291
	JS Corp.		5,685		56,350
	Jusung Engineering Co. Ltd.		117,736		942,798
	JVM Co. Ltd.		20,022		244,872
	JW Holdings Corp.		180,363		355,267
	JW Life Science Corp.		29,965		247,113
	JW Pharmaceutical Corp.		50,256		659,692
*	JW Shinyak Corp.		68,072		159,817
	Kangnam Jevisco Co. Ltd.		14,797		217,403
*	Kangstem Biotech Co. Ltd.		87,134		170,002
	KAON Media Co. Ltd.		57,314		236,396
	KC Co. Ltd.		27,573		299,457
	KC Green Holdings Co. Ltd.		54,160		94,521
	KC Tech Co. Ltd.		37,495		396,537
	KCC Engineering & Construction Co. Ltd.		4,243		17,342
	KCC Glass Corp.		30,162		818,130
	KCI Ltd.		23,655		139,296
	KCTC		25,319		71,849
*	KEC Corp.		329,261		592,441
#	KEPCO Plant Service & Engineering Co. Ltd.		62,736		1,402,997
*	Kespion Co. Ltd.		40,499		34,982
*	KEYEAST Co. Ltd.		58,751		236,209
	KG Chemical Corp.		14,892		240,068
	KG Dongbu Steel		15,589		84,866
	KG Eco Technology Service Co. Ltd.		31,730		211,555
#	Kginicis Co. Ltd.		68,720		618,667
	KGMobilians Co. Ltd.		75,641		301,104
	KH Vatec Co. Ltd.		60,110		511,120
*	KidariStudio, Inc.		28,268		123,714
	KINX, Inc.		12,932		466,337
	KISCO Corp.		70,679		288,528
	KISCO Holdings Co. Ltd.		31,963		289,063
	KISWIRE Ltd.		39,433		496,055
	KL-Net Corp.		23,009		41,450
	KM Corp.		28,046		109,404
# *	KMW Co. Ltd.		41,816		692,828
	Knotus Co. Ltd.		19,251		77,100
*	KoBioLabs, Inc.		3,475		27,000
#	Koentec Co. Ltd.		82,232		445,177
#	Koh Young Technology, Inc.		210,636		1,761,942
#	Kolmar BNH Co. Ltd.		39,096		590,098

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
#	Kolmar Korea Co. Ltd.		50,765	$	1,218,109
	Kolmar Korea Holdings Co. Ltd.		32,252		311,923
	Kolon Corp.		26,236		415,371
	Kolon Global Corp.		20,169		189,480
	Kolon Industries, Inc.		63,462		1,932,511
	Kolon Plastic, Inc.		49,059		333,924
	Komelon Corp.		21,175		150,746
#	KoMiCo Ltd.		23,135		753,754
*	KONA I Co. Ltd.		23,792		258,336
	Kopla Co. Ltd.		76,189		260,839
#	Korea Alcohol Industrial Co. Ltd.		47,508		351,290
	Korea Arlico Pharm Co. Ltd.		3,713		13,619
	Korea Asset In Trust Co. Ltd.		204,959		417,014
	Korea Cast Iron Pipe Industries Co. Ltd.		31,881		152,688
	Korea Cement Co. Ltd.		21,858		40,509
*	Korea Circuit Co. Ltd.		39,627		397,739
	Korea District Heating Corp.		10,363		190,112
	Korea Electric Terminal Co. Ltd.		21,069		765,364
	Korea Electronic Certification Authority, Inc.		55,043		190,524
	Korea Electronic Power Industrial Development Co. Ltd.		62,193		348,894
	Korea Export Packaging Industrial Co. Ltd.		5,621		99,819
	Korea Flange Co. Ltd.		70,591		118,787
*	Korea Information & Communications Co. Ltd.		24,722		226,201
*	Korea Line Corp.		577,450		796,812
*	Korea Parts & Fasteners Co. Ltd.		11,691		48,415
	Korea Petrochemical Ind Co. Ltd.		12,865		1,066,820
	Korea Petroleum Industries Co.		11,179		84,487
	Korea Pharma Co. Ltd.		10,327		160,330
	Korea Real Estate Investment & Trust Co. Ltd.		493,546		472,387
#	Korea United Pharm, Inc.		35,429		590,601
	Korean Reinsurance Co.		322,466		1,662,641
*	Kortek Corp.		38,389		244,131
# *	KPM Tech Co. Ltd.		258,546		69,104
*	KPS Corp.		8,173		30,335
	KPX Chemical Co. Ltd.		8,847		296,431
	KSIGN Co. Ltd.		205,671		207,399
	KSS LINE Ltd.		53,011		334,339
*	KT Alpha Co. Ltd.		62,034		227,443
	KT Skylife Co. Ltd.		84,493		484,981
#	KT Submarine Co. Ltd.		51,480		196,633
	KTCS Corp.		129,498		196,169
	Ktis Corp.		109,265		187,769
*	Kuk Young G&M		86,374		75,704
	Kukbo Design Co. Ltd.		11,235		137,053
	Kukdo Chemical Co. Ltd.		11,469		348,006
#	Kukdong Oil & Chemicals Co. Ltd.		71,029		177,907
# *	Kuk-il Paper Manufacturing Co. Ltd.		190,710		334,649
	Kukjeon Pharmaceutical Co. Ltd.		52,920		283,517
*	Kum Yang Co. Ltd.		95,714		1,844,243
*	Kumho HT, Inc.		218,810		153,355
# *	Kumho Tire Co., Inc.		339,665		734,282
	KUMHOE&C Co. Ltd.		75,262		319,284
	Kumkang Kind Co. Ltd.		62,740		228,650
	Kwang Dong Pharmaceutical Co. Ltd.		145,493		603,064
	Kwang Myung Electric Co. Ltd.		100,455		148,075
*	KX Innovation Co. Ltd.		69,335		300,343
	Kyeong Nam Steel Co. Ltd.		5,707		12,206
#	Kyeryong Construction Industrial Co. Ltd.		26,457		316,808
	Kyobo Securities Co. Ltd.		73,316		268,451

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Kyongbo Pharmaceutical Co. Ltd.		42,025	$	159,981
	Kyung Dong Navien Co. Ltd.		24,470		590,914
	Kyung Nong Corp.		6,524		42,030
	Kyungbang Co. Ltd.		47,694		366,309
*	Kyungchang Industrial Co. Ltd.		18,649		25,496
	KyungDong City Gas Co. Ltd.		13,575		222,941
	Kyungdong Pharm Co. Ltd.		73,304		378,322
	Kyung-In Synthetic Corp.		131,581		439,329
#	L&C Bio Co. Ltd.		21,852		343,698
	LabGenomics Co. Ltd.		80,286		405,473
*	Lake Materials Co. Ltd.		103,591		422,864
#	LB Semicon, Inc.		119,129		668,999
	LEADCORP, Inc.		47,816		253,766
	LF Corp.		62,995		655,680
	LG HelloVision Co. Ltd.		116,618		371,295
	LIG Nex1 Co. Ltd.		20,826		1,484,770
#	Lion Chemtech Co. Ltd.		20,825		133,369
	Lock & Lock Co. Ltd.		64,031		273,855
*	Longtu Korea, Inc.		29,434		58,881
	LOT Vacuum Co. Ltd.		45,136		320,856
#	Lotte Chilsung Beverage Co. Ltd.		11,715		1,153,622
	Lotte Confectionery Co. Ltd.		8,416		767,376
*	Lotte Data Communication Co.		4,028		65,936
#	LOTTE Fine Chemical Co. Ltd.		56,329		2,215,052
	LOTTE Himart Co. Ltd.		34,338		317,724
*	Lotte Non-Life Insurance Co. Ltd.		155,474		161,328
#	LS Cable & System Asia Ltd.		35,473		187,480
	LS Corp.		11,569		539,052
#	LS Electric Co. Ltd.		34,059		1,312,668
	Lutronic Corp.		73,793		936,809
*	LVMC Holdings		207,836		395,412
	LX Hausys Ltd.		25,569		576,821
	LX International Corp.		102,861		2,929,822
#	LX Semicon Co. Ltd.		39,299		2,280,114
	M.I.Tech Co. Ltd.		17,788		147,642
*	M2N Co. Ltd.		20,327		79,172
	Macrogen, Inc.		3,933		56,104
	Maeil Dairies Co. Ltd.		4,652		153,609
	Maeil Holdings Co. Ltd.		22,787		134,830
	MAKUS, Inc.		2,286		10,884
	Mcnex Co. Ltd.		44,780		860,659
# *	MDS Tech, Inc.		58,702		241,371
*	ME2ON Co. Ltd.		93,947		307,132
	Mediana Co. Ltd.		24,894		81,692
*	MEDICOX Co. Ltd.		13,317		80,758
# * ††	Medience Co. Ltd.		53,361		106,310
*	Medipost Co. Ltd.		50,463		508,883
#	Medy-Tox, Inc.		15,791		1,163,815
#	Meerecompany, Inc.		18,983		278,537
#	MegaStudy Co. Ltd.		33,559		258,899
	MegaStudyEdu Co. Ltd.		27,677		1,663,249
	MEKICS Co. Ltd.		8,088		23,100
	META BIOMED Co. Ltd.		32,591		49,896
*	Mgame Corp.		59,295		251,208
	Mi Chang Oil Industrial Co. Ltd.		3,145		164,254
*	MiCo BioMed Co. Ltd.		14,873		59,372
	MiCo Ltd.		120,402		783,858
	Mirae Asset Life Insurance Co. Ltd.		239,457		445,144
	Mirae Asset Venture Investment Co. Ltd.		35,502		106,702

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Miwon Chemicals Co. Ltd.		3,853	$	163,047
	Miwon Commercial Co. Ltd.		5,072		603,823
	Miwon Specialty Chemical Co. Ltd.		5,925		696,631
	MK Electron Co. Ltd.		55,102		389,617
	MNTech Co. Ltd.		63,871		654,387
*	Mobile Appliance, Inc.		98,324		228,619
*	Monalisa Co. Ltd.		73,193		152,363
	MonAmi Co. Ltd.		59,430		131,015
	Moorim P&P Co. Ltd.		82,322		261,360
	Moorim Paper Co. Ltd.		91,551		156,020
	Motonic Corp.		40,895		218,582
*	Motrex Co. Ltd.		36,574		402,003
* ††	MPC plus, Inc.		955		207
*	mPlus Corp.		15,452		154,672
*	MS Autotech Co. Ltd.		113,563		319,739
	Muhak Co. Ltd.		28,579		96,543
	Multicampus Co. Ltd.		10,150		254,835
*	M-venture Investment, Inc.		56,251		50,912
*	MyungMoon Pharm Co. Ltd.		94,962		163,013
	Nam Hwa Construction Co. Ltd.		25,880		119,289
#	Namhae Chemical Corp.		85,332		545,935
*	Namsun Aluminum Co. Ltd.		285,935		416,848
*	Namuga Co. Ltd.		36,468		290,928
	Namyang Dairy Products Co. Ltd.		1,212		309,061
*	NanoenTek, Inc.		81,092		293,656
	Nasmedia Co. Ltd.		18,911		410,299
# *	Nature & Environment Co. Ltd.		329,630		244,765
*	NDFOS Co. Ltd.		19,650		71,599
	NeoPharm Co. Ltd.		19,428		235,016
*	Neowiz		48,900		1,235,694
	NEOWIZ HOLDINGS Corp.		16,632		282,284
*	Nepes Ark Corp.		2,882		46,824
# *	NEPES Corp.		68,067		869,737
*	Neptune Co.		1,651		14,570
	New Power Plasma Co. Ltd.		7,229		17,155
	Nexen Corp.		108,320		304,023
	Nexen Tire Corp.		124,972		676,257
*	Next Entertainment World Co. Ltd.		71,002		263,374
	NEXTIN, Inc.		1,712		62,121
*	NHN Corp.		55,266		888,721
*	NHN KCP Corp.		84,992		746,777
	NI Steel Co. Ltd.		3,440		9,292
	NICE Holdings Co. Ltd.		71,741		621,721
	Nice Information & Telecommunication, Inc.		22,862		424,736
	NICE Information Service Co. Ltd.		131,225		1,194,836
	NICE Total Cash Management Co. Ltd.		54,101		174,892
*	NK Co. Ltd.		223,859		139,755
	Nong Shim Holdings Co. Ltd.		8,176		351,561
	Nong Woo Bio Co. Ltd.		9,704		54,698
	NongShim Co. Ltd.		8,049		1,704,953
	NOROO Paint & Coatings Co. Ltd.		37,026		200,791
	NOVAREX Co. Ltd.		11,444		95,422
	NPC		66,771		316,522
*	NS Co. Ltd.		1,771		11,427
*	NSN Co. Ltd.		42,271		29,600
*	nTels Co. Ltd.		16,474		51,865
*	Nuintek Co. Ltd.		43,573		92,789
*	NUVOTEC Co. Ltd.		153,125		82,947
	Oceanbridge Co. Ltd.		19,278		171,571

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	Omnisystem Co. Ltd.		37,373	$	38,623
	Openbase, Inc.		68,350		116,500
*	Optipharm Co. Ltd.		1,575		8,709
	Opto Device Technology Co. Ltd.		2,933		10,746
	OptoElectronics Solutions Co. Ltd.		30,470		338,405
*	OPTRON-TEC, Inc.		54,673		150,574
	OPTUS Pharmaceutical Co. Ltd.		43,209		187,814
# *	Orbitech Co. Ltd.		93,260		305,207
*	Orientbio, Inc.		173,545		74,867
	Orion Holdings Corp.		88,035		882,828
#	Osstem Implant Co. Ltd.		43,402		3,231,842
# * ††	Osung Advanced Materials Co. Ltd.		223,449		348,621
	Ottogi Corp.		3,257		1,008,863
	Paik Kwang Industrial Co. Ltd.		98,951		307,974
*	PANAGENE, Inc.		24,893		60,127
	Pang Rim Co. Ltd.		89,464		442,216
*	Pan-Pacific Co. Ltd.		66,731		56,117
*	Paradise Co. Ltd.		125,164		1,245,629
	Park Systems Corp.		3,980		305,758
#	Partron Co. Ltd.		156,372		898,763
#	Paseco Co. Ltd.		14,642		129,818
#	People & Technology, Inc.		45,616		1,473,572
*	Peptron, Inc.		7,294		40,631
	PHA Co. Ltd.		25,290		108,171
*	PharmAbcine		13,657		33,771
#	PharmaResearch Co. Ltd.		20,129		867,331
*	PharmGen Science, Inc.		63,854		337,367
*	Pharmicell Co. Ltd.		161,353		1,151,928
*	Philoptics Co. Ltd.		8,562		44,406
* ††	Philosys Healthcare Co. Ltd.		94,841		86,888
#	PI Advanced Materials Co. Ltd.		53,171		1,103,872
	Point Engineering Co. Ltd.		24,538		34,087
#	Poongsan Corp.		67,915		1,242,797
	Poongsan Holdings Corp.		24,968		446,483
#	Posco ICT Co. Ltd.		179,741		721,600
	Posco M-Tech Co. Ltd.		72,480		377,579
	POSCO Steeleon Co. Ltd.		893		16,900
*	Power Logics Co. Ltd.		95,962		360,869
	Protec Co. Ltd.		19,624		300,362
	PS TEC Co. Ltd.		11,191		26,509
#	PSK, Inc.		71,508		763,113
	Pulmuone Co. Ltd.		38,753		278,468
	Pungkuk Ethanol Co. Ltd.		22,635		208,752
	QSI Co. Ltd.		10,628		67,809
*	RaonSecure Co. Ltd.		115,448		189,452
*	Ray Co. Ltd/KR		18,972		249,123
	Rayence Co. Ltd.		17,543		118,050
#	Reyon Pharmaceutical Co. Ltd.		27,505		369,633
#	RFHIC Corp.		68,876		1,014,874
*	RFTech Co. Ltd.		114,269		351,387
	RN2 Technologies Co. Ltd.		4,601		31,184
*	Robostar Co. Ltd.		28,003		342,114
*	Robotis Co. Ltd.		11,904		196,620
	Rorze Systems Corp.		12,806		65,655
#	Rsupport Co. Ltd.		59,819		176,024
	S Net Systems, Inc.		47,161		152,160
#	S&S Tech Corp.		54,626		949,870
*	S.Y. Co. Ltd.		129,076		288,404
	Sajo Industries Co. Ltd.		9,398		274,895

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Sajodaerim Corp.		2,580	$	42,936
*	Sajodongaone Co. Ltd.		29,518		21,635
# *	Sam Chun Dang Pharm Co. Ltd.		36,463		780,237
*	SAM KANG M&T Co. Ltd.		84,478		1,198,051
	Sam Young Electronics Co. Ltd.		45,179		310,618
#	Sam Yung Trading Co. Ltd.		77,884		708,061
	Sambo Corrugated Board Co. Ltd.		7,239		51,005
	Sambo Motors Co. Ltd.		15,328		63,031
*	Sambu Engineering & Construction Co. Ltd.		297,390		284,272
	Samchully Co. Ltd.		6,711		1,314,065
	Samchuly Bicycle Co. Ltd.		15,529		71,267
#	Samho Development Co. Ltd.		64,421		175,261
	SAMHWA Paints Industrial Co. Ltd.		37,979		165,650
	Samick Musical Instruments Co. Ltd.		219,742		181,727
#	Samick THK Co. Ltd.		31,605		255,795
	Samil Pharmaceutical Co. Ltd.		25,472		132,164
	Samji Electronics Co. Ltd.		37,339		212,996
	Samjin LND Co. Ltd.		89,395		179,347
	Samjin Pharmaceutical Co. Ltd.		33,351		589,542
	Samkee Corp.		67,094		200,196
	Sammok S-Form Co. Ltd.		19,532		229,156
#	SAMPYO Cement Co. Ltd.		125,588		309,783
	Samsung Climate Control Co. Ltd.		1,221		9,161
*	Samsung Pharmaceutical Co. Ltd.		233,733		445,741
	Samsung Publishing Co. Ltd.		17,275		300,912
	SAMT Co. Ltd.		211,277		382,132
	Samwha Capacitor Co. Ltd.		30,126		676,331
	Samwha Electric Co. Ltd.		16,687		180,696
	Samyang Corp.		12,575		327,205
	Samyang Foods Co. Ltd.		13,290		1,033,967
#	Samyang Holdings Corp.		14,215		616,923
	Samyang Packaging Corp.		4,346		48,474
	Samyang Tongsang Co. Ltd.		5,256		184,777
*	Samyoung Chemical Co. Ltd.		36,545		61,202
#	Sang-A Frontec Co. Ltd.		35,732		632,845
*	Sangbo Corp.		112,085		113,072
#	Sangsangin Co. Ltd.		130,409		592,057
	Sangsin Energy Display Precision Co. Ltd.		38,495		444,350
	SaraminHR Co. Ltd.		26,768		602,572
	Satrec Initiative Co. Ltd.		22,788		403,467
	SAVEZONE I&C Corp.		64,559		116,587
*	SBI Investment Korea Co. Ltd.		350,632		290,976
*	SBW		881,230		232,442
*	S-Connect Co. Ltd.		208,292		120,309
# *	SDN Co. Ltd.		224,182		311,850
	Seah Besteel Holdings Corp.		51,280		602,159
	SeAH Holdings Corp.		3,283		233,874
#	SeAH Steel Corp.		3,893		378,924
	SeAH Steel Holdings Corp.		6,517		618,310
	Sebang Co. Ltd.		42,224		487,080
	Sebang Global Battery Co. Ltd.		22,923		625,892
	Secuve Co. Ltd.		76,608		57,213
	Segyung Hitech Co. Ltd.		5,861		47,850
	Sejin Heavy Industries Co. Ltd.		46,649		187,276
	Sejong Industrial Co. Ltd.		38,928		126,126
	Sejong Telecom, Inc.		758,673		357,521
*	Sekonix Co. Ltd.		25,593		98,107
*	Selvas AI, Inc.		61,638		229,204
	Sempio Foods Co.		9,478		208,816

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
*	S-Energy Co. Ltd.		24,822	$	62,522
#	Seobu T&D		113,697		534,828
	Seohan Co. Ltd.		290,737		207,806
#	Seojin System Co. Ltd.		53,856		554,406
	Seoul Auction Co. Ltd.		41,464		518,055
	Seoul City Gas Co. Ltd.		1,738		401,839
*	Seoul Food Industrial Co. Ltd.		1,520,855		233,649
#	Seoul Semiconductor Co. Ltd.		161,292		1,180,512
#	Seoul Viosys Co. Ltd.		27,029		99,956
#	Seoulin Bioscience Co. Ltd.		24,822		214,491
	Seowon Co. Ltd.		106,245		95,651
	SEOWONINTECH Co. Ltd.		16,960		67,339
#	Seoyon Co. Ltd.		56,279		205,776
	Seoyon E-Hwa Co. Ltd.		37,029		184,999
*	Sewon E&C Co. Ltd.		518,090		309,350
††	Sewon Precision Industry Co. Ltd.		25,563		27,222
	Sewoon Medical Co. Ltd.		90,686		176,706
#	SFA Engineering Corp.		66,414		1,775,647
# *	SFA Semicon Co. Ltd.		257,032		776,385
	S-Fuelcell Co. Ltd.		8,387		117,791
*	SG Corp.		525,085		201,444
	SGC e Tec E&C Co. Ltd.		6,274		147,906
	SGC Energy Co. Ltd.		9,993		220,099
	SH Energy & Chemical Co. Ltd.		339,049		217,792
	Shin Heung Energy & Electronics Co. Ltd.		8,995		329,383
*	Shin Poong Pharmaceutical Co. Ltd.		62,297		943,478
	Shindaeyang Paper Co. Ltd.		7,142		414,992
	Shinil Electronics Co. Ltd.		256,618		317,498
	Shinsegae Engineering & Construction Co. Ltd.		7,252		82,869
	Shinsegae Food Co. Ltd.		4,124		138,562
	Shinsegae Information & Communication Co. Ltd.		2,319		20,153
	Shinsegae International, Inc.		43,626		719,509
	Shinsung Delta Tech Co. Ltd.		44,703		301,427
*	Shinsung E&G Co. Ltd.		610,324		808,344
*	Shinsung Tongsang Co. Ltd.		122,206		202,114
*	Shinwha Intertek Corp.		107,691		232,495
	Shinwon Corp.		193,213		208,557
	Shinyoung Securities Co. Ltd.		17,134		664,804
*	Showbox Corp.		109,545		254,285
*	Signetics Corp.		215,282		182,985
	SIGONG TECH Co. Ltd.		35,400		107,057
#	Silla Co. Ltd.		28,011		219,103
#	Simmtech Co. Ltd.		66,827		1,652,611
	SIMMTECH HOLDINGS Co. Ltd.		19,511		47,879
	SIMPAC, Inc.		57,924		253,842
	Sindoh Co. Ltd.		16,601		375,118
	Sinil Pharm Co. Ltd.		3,891		21,914
*	SinSin Pharmaceutical Co. Ltd.		32,598		114,605
	SJ Group Co. Ltd.		8,579		97,323
	SK D&D Co. Ltd.		37,022		534,973
	SK Discovery Co. Ltd.		43,232		900,263
	SK Gas Ltd.		7,969		637,193
	SK Networks Co. Ltd.		513,086		1,449,198
*	SK Rent A Car Co. Ltd.		5,401		24,655
	SK Securities Co. Ltd.		1,416,650		651,415
#	SL Corp.		61,667		1,327,023
*	SM Culture & Contents Co. Ltd.		194,308		423,729
#	SM Entertainment Co. Ltd.		49,558		2,468,483
*	SM Life Design Group Co. Ltd.		104,568		162,209

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
* ††	S-MAC Co. Ltd.		189,827	$	235,667
	SMCore, Inc.		53,702		200,557
	SNT Dynamics Co. Ltd.		43,348		262,690
	SNT Energy Co. Ltd.		1		13
	SNT Holdings Co. Ltd.		27,174		272,523
#	SNT Motiv Co. Ltd.		32,114		993,867
*	SNU Precision Co. Ltd.		77,902		130,578
*	Solborn, Inc.		54,990		138,052
*	Solid, Inc.		219,880		651,848
*	SOLUM Co. Ltd.		13,272		160,357
	Songwon Industrial Co. Ltd.		47,243		570,550
*	Sonokong Co. Ltd.		43,529		55,447
	Soosan Heavy Industries Co. Ltd.		50,388		94,347
	Soulbrain Co. Ltd.		10,916		1,565,061
	Soulbrain Holdings Co. Ltd.		19,846		321,707
	SPC Samlip Co. Ltd.		8,493		419,987
	Speco Co. Ltd.		10,580		38,340
#	SPG Co. Ltd.		47,728		554,245
#	Spigen Korea Co. Ltd.		13,602		304,849
* ††	Ssangyong Motor Co.		65,982		231,605
	ST Pharm Co. Ltd.		25,025		1,460,245
	STIC Investments, Inc.		127,660		504,487
*	Straffic Co. Ltd.		38,493		110,916
*	STX Heavy Industries Co. Ltd.		5,234		13,860
	Suheung Co. Ltd.		22,312		524,949
	Sun Kwang Co. Ltd.		16,326		1,279,774
	Sung Kwang Bend Co. Ltd.		51,596		502,364
*	Sungchang Enterprise Holdings Ltd.		214,939		280,382
	Sungdo Engineering & Construction Co. Ltd.		10,095		32,550
#	Sungshin Cement Co. Ltd.		59,213		395,248
#	Sungwoo Hitech Co. Ltd.		185,738		673,661
#	Sunjin Co. Ltd.		48,992		273,078
*	Sunny Electronics Corp.		114,566		181,798
*	Suprema, Inc.		18,844		319,719
	SV Investment Corp.		106,865		163,481
*	Synergy Innovation Co. Ltd.		105,399		238,694
*	Synopex, Inc.		253,251		460,429
	Systems Technology, Inc.		40,934		392,539
	T&L Co. Ltd.		4,142		106,499
	Tae Kyung Industrial Co. Ltd.		44,125		199,489
#	Taekwang Industrial Co. Ltd.		1,200		591,822
	Taekyung BK Co. Ltd.		21,499		78,247
* ††	Taewoong Co. Ltd.		56,071		394,449
	Taeyoung Engineering & Construction Co. Ltd.		85,762		252,544
# *	Taihan Fiberoptics Co. Ltd.		228,160		410,886
*	Taihan Textile Co. Ltd.		2,843		101,625
	Tailim Packaging Co. Ltd.		63,432		112,380
	TCC Steel		7,703		50,007
	TechWing, Inc.		104,027		427,351
*	Tego Science, Inc.		8,956		100,764
*	Telcon RF Pharmaceutical, Inc.		277,957		206,498
	Telechips, Inc.		36,782		320,507
*	TERA SCIENCE Co. Ltd.		76,064		82,129
#	TES Co. Ltd.		58,026		645,944
# *	Theragen Etex Co. Ltd.		111,294		307,778
# *	Thinkware Systems Corp.		26,213		250,754
# *	TK Chemical Corp.		47,613		99,966
	TK Corp.		53,989		619,927
*	Tkg Aikang Co. Ltd.		70,536		71,154

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
#	TKG Huchems Co. Ltd.		69,624	$	1,016,521
#	Tokai Carbon Korea Co. Ltd.		20,425		1,451,449
	Tongyang Life Insurance Co. Ltd.		162,309		582,659
	Tongyang, Inc.		548,179		380,975
*	Top Engineering Co. Ltd.		52,518		184,888
*	Toptec Co. Ltd.		81,091		384,060
	Tovis Co. Ltd.		56,715		345,755
	TS Corp.		140,490		250,391
*	TS Nexgen Co. Ltd.		228,108		158,712
*	Tuksu Construction Co. Ltd.		31,513		182,496
*	TY Holdings Co. Ltd.		96,748		715,613
	TYM Corp.		421,296		733,629
	UBCare Co. Ltd.		91,237		307,804
	Ubiquoss Holdings, Inc.		32,753		312,314
	Ubiquoss, Inc.		26,517		283,590
	Uju Electronics Co. Ltd.		26,223		295,557
	Uni-Chem Co. Ltd.		155,749		124,528
*	Unick Corp.		53,999		188,890
	Unid Co. Ltd.		19,166		1,036,036
	Union Materials Corp.		28,259		60,654
	Union Semiconductor Equipment & Materials Co. Ltd.		89,463		384,020
	Uniquest Corp.		58,434		342,648
*	Unison Co. Ltd.		221,499		288,573
*	UniTest, Inc.		60,851		543,287
	UTI, Inc.		22,312		296,119
	Value Added Technology Co. Ltd.		29,655		626,440
*	Very Good Tour Co. Ltd.		15,639		99,302
	Viatron Technologies, Inc.		42,963		252,185
	VICTEK Co. Ltd.		91,039		374,721
# *	Vidente Co. Ltd.		57,951		144,210
	Vieworks Co. Ltd.		30,239		734,089
*	Vina Tech Co. Ltd.		9,178		284,936
	Visang Education, Inc.		16,820		69,134
	Vitzro Tech Co. Ltd.		13,726		53,867
	Vitzrocell Co. Ltd.		54,357		455,215
*	Vivien Corp.		13,190		11,611
*	Vivozon Healthcare, Inc.		147,360		80,662
*	VT GMP Co. Ltd.		42,957		155,707
	Webcash Corp.		13,826		145,250
*	Webzen, Inc.		56,800		594,643
	Welcron Co. Ltd.		109,997		225,631
*	Wellbiotec Co. Ltd.		99,963		90,388
*	Wemade Play Co. Ltd.		14,264		176,187
	Whanin Pharmaceutical Co. Ltd.		46,587		562,292
	Wiable Corp.		8,754		13,802
*	WillBes & Co.		178,256		90,693
#	Winix, Inc.		34,410		234,293
	Wins Co. Ltd.		26,610		232,338
	WiSoL Co. Ltd.		74,628		331,186
*	WIZIT Co. Ltd.		244,335		123,450
*	WONIK CUBE Corp.		58,473		80,268
*	Wonik Holdings Co. Ltd.		165,481		386,127
#	WONIK IPS Co. Ltd.		76,527		1,473,297
#	Wonik Materials Co. Ltd.		26,289		545,589
*	Wonik Pne Co. Ltd.		42,476		624,879
#	Wonik QnC Corp.		62,589		1,066,341
	Woojin Plaimm Co. Ltd.		3,881		10,115
	Woojin, Inc.		9,379		55,207
*	Woongjin Co. Ltd.		1		1

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
SOUTH KOREA — (Continued)
	Woongjin Thinkbig Co. Ltd.		35,821	$	57,212
*	Wooree Bio Co. Ltd.		12,108		28,835
	Woori Investment Bank Co. Ltd.		1,534,136		814,303
# *	Woori Technology, Inc.		570,501		521,263
* ††	Wooriro Co. Ltd.		16,683		12,160
	Woorison F&G Co. Ltd.		116,049		139,836
	Woory Industrial Co. Ltd.		23,700		226,109
*	Woosu AMS Co. Ltd.		106,413		191,335
	WooSung Co. Ltd.		6,452		92,131
*	Woowon Development Co. Ltd.		3,040		7,018
	Worldex Industry & Trading Co. Ltd.		44,952		600,078
	Y G-1 Co. Ltd.		61,821		250,416
*	Y2 Solution Co. Ltd.		88,983		37,744
*	Y-entec Co. Ltd.		25,880		150,744
*	Yest Co. Ltd.		52,284		296,412
#	YG Entertainment, Inc.		42,279		1,265,146
*	YG PLUS		63,361		177,593
*	YIK Corp.		98,562		227,162
*	YJM Games Co. Ltd.		113,684		107,049
	YMC Co. Ltd.		54,027		230,300
	YMT Co. Ltd.		19,799		202,610
	Yonwoo Co. Ltd.		6,890		60,618
	Yoosung Enterprise Co. Ltd.		80,477		149,343
	Youlchon Chemical Co. Ltd.		35,492		811,522
#	Young Poong Corp.		795		351,300
	Young Poong Precision Corp.		37,751		311,029
	Youngone Corp.		20,354		674,641
	Youngone Holdings Co. Ltd.		21,971		833,847
*	YoungWoo DSP Co. Ltd.		15,059		15,133
	YTN Co. Ltd.		73,837		311,440
	Yuanta Securities Korea Co. Ltd.		340,341		573,732
	YuHwa Securities Co. Ltd.		96,255		154,351
*	Yujin Robot Co. Ltd.		9,092		26,159
*	Yungjin Pharmaceutical Co. Ltd.		229,011		436,263
	Yuyu Pharma, Inc.		8,551		36,351
	Zeus Co. Ltd.		28,507		468,259
	Zinus, Inc.		28,065		615,777
TOTAL SOUTH KOREA					402,710,105
TAIWAN — (15.7%)
	104 Corp.		1,000		5,894
	ABC Taiwan Electronics Corp.		300,977		204,604
	Abico Avy Co. Ltd.		444,841		260,538
#	Ability Enterprise Co. Ltd.		851,293		528,945
# *	Ability Opto-Electronics Technology Co. Ltd.		262,776		444,773
#	Abnova Corp.		88,000		94,055
#	AcBel Polytech, Inc.		1,226,599		1,045,904
#	ACES Electronic Co. Ltd.		420,822		393,218
*	Acon Holding, Inc.		938,560		310,585
	Acter Group Corp. Ltd.		360,980		1,052,409
	Action Electronics Co. Ltd.		687,000		268,069
#	ADATA Technology Co. Ltd.		857,879		1,431,255
#	Addcn Technology Co. Ltd.		111,564		622,777
#	Advanced Ceramic X Corp.		163,000		774,537
#	Advanced International Multitech Co. Ltd.		422,000		1,214,318
#	Advanced Optoelectronic Technology, Inc.		457,000		229,109
#	Advanced Power Electronics Corp.		138,000		403,943
#	Advanced Wireless Semiconductor Co.		229,000		437,744
#	Advancetek Enterprise Co. Ltd.		1,099,519		984,887

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	AEON Motor Co. Ltd.		33,359	$	41,911
	Aerospace Industrial Development Corp.		2,123,000		2,061,869
#	AGV Products Corp.		1,543,433		442,596
*	Airmate Cayman International Co. Ltd.		38,719		19,593
	Alchip Technologies Ltd.		22,000		440,568
#	Alexander Marine Co. Ltd.		46,000		330,001
# *	ALI Corp.		686,775		380,514
#	All Ring Tech Co. Ltd.		100,000		176,034
	Allied Circuit Co. Ltd.		113,000		305,365
#	Allied Supreme Corp.		46,000		370,242
#	Allis Electric Co. Ltd.		672,385		520,201
#	Alltek Technology Corp.		554,423		522,851
#	Alltop Technology Co. Ltd.		92,774		327,236
	Alpha Networks, Inc.		1,347,158		1,117,389
	Altek Corp.		925,945		959,862
	Amazing Microelectronic Corp.		315,085		804,134
*	Ambassador Hotel		1,135,000		1,098,395
#	AMICCOM Electronics Corp.		25,000		18,479
	AMPACS Corp.		12,000		11,021
	Ampire Co. Ltd.		317,000		256,529
#	AMPOC Far-East Co. Ltd.		346,444		435,628
	AmTRAN Technology Co. Ltd.		2,870,486		823,393
*	Amulaire Thermal Technology, Inc.		32,000		29,358
	Anderson Industrial Corp.		290,416		80,450
#	Anpec Electronics Corp.		224,007		730,109
#	Apac Opto Electronics, Inc.		147,000		133,125
#	Apacer Technology, Inc.		345,325		427,298
#	APAQ Technology Co. Ltd.		202,120		252,345
#	APCB, Inc.		485,000		240,234
	Apex Biotechnology Corp.		338,483		244,522
#	Apex International Co. Ltd.		556,470		849,885
#	Apex Science & Engineering		623,132		190,264
	Arcadyan Technology Corp.		533,055		1,486,569
	Ardentec Corp.		1,500,274		1,943,163
#	Argosy Research, Inc.		220,396		414,674
	Asia Electronic Material Co. Ltd.		331,000		155,852
#	Asia Optical Co., Inc.		851,000		1,509,037
*	Asia Pacific Telecom Co. Ltd.		6,978,999		1,369,302
*	Asia Plastic Recycling Holding Ltd.		405,182		90,274
	Asia Polymer Corp.		1,420,996		1,093,404
#	Asia Tech Image, Inc.		211,000		353,898
#	Asia Vital Components Co. Ltd.		887,058		2,797,317
#	ASIX Electronics Corp.		58,000		164,054
	ASolid Technology Co. Ltd.		27,000		50,811
#	ASROCK, Inc.		154,000		466,099
	ATE Energy International Co. Ltd.		10,274		8,123
	Aten International Co. Ltd.		350,479		821,889
#	Audix Corp.		279,600		436,715
	AURAS Technology Co. Ltd.		229,148		850,716
#	Aurona Industries, Inc.		246,000		136,502
	Aurora Corp.		262,349		634,201
#	Avalue Technology, Inc.		164,000		286,702
	Aver Information, Inc.		31,000		37,656
	Awea Mechantronic Co. Ltd.		132,210		127,161
#	Axiomtek Co. Ltd.		212,000		348,066
# *	Azurewave Technologies, Inc.		345,000		196,365
#	Bafang Yunji International Co. Ltd.		70,000		380,564
	Bank of Kaohsiung Co. Ltd.		2,515,334		958,334
	Baolong International Co. Ltd.		295,000		141,260

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Basso Industry Corp.		472,900	$	565,875
#	BenQ Materials Corp.		610,000		549,255
	BES Engineering Corp.		5,159,750		1,277,471
	Bin Chuan Enterprise Co. Ltd.		372,070		249,515
#	Bionet Corp.		140,000		162,527
	Bionime Corp.		133,000		301,909
#	Biostar Microtech International Corp.		631,975		249,705
	Bioteque Corp.		239,308		793,790
#	Bizlink Holding, Inc.		429,492		3,275,239
	Bon Fame Co. Ltd.		14,000		20,870
#	Bora Pharmaceuticals Co. Ltd.		62,724		534,600
	Brave C&H Supply Co. Ltd.		20,000		39,954
	Bright Led Electronics Corp.		375,520		165,625
#	Brighton-Best International Taiwan, Inc.		1,469,318		1,525,692
#	Brillian Network & Automation Integrated System Co. Ltd.		28,000		71,585
#	Browave Corp.		197,000		278,354
#	C Sun Manufacturing Ltd.		530,969		720,085
*	Calin Technology Co. Ltd.		11,000		11,715
*	Cameo Communications, Inc.		745,645		214,114
#	Capital Futures Corp.		335,895		364,677
#	Capital Securities Corp.		6,059,501		1,877,151
# *	Career Technology MFG. Co. Ltd.		1,580,459		1,178,479
#	Carnival Industrial Corp.		415,353		137,701
#	Castles Technology Co. Ltd.		58,866		103,960
	Caswell, Inc.		17,000		42,016
	Cathay Chemical Works		30,000		22,288
	Cathay Real Estate Development Co. Ltd.		2,062,700		927,657
#	Cayman Engley Industrial Co. Ltd.		152,099		299,656
#	CCP Contact Probes Co. Ltd.		159,844		195,322
#	Celxpert Energy Corp.		280,000		256,802
	Center Laboratories, Inc.		1,599,827		2,159,906
#	Central Reinsurance Co. Ltd.		504,380		278,402
#	Century Iron & Steel Industrial Co. Ltd.		459,000		1,093,648
	Chain Chon Industrial Co. Ltd.		651,484		246,237
*	ChainQui Construction Development Co. Ltd.		451,080		199,435
#	Champion Building Materials Co. Ltd.		903,851		257,966
	Champion Microelectronic Corp.		51,000		58,704
	Chang Wah Electromaterials, Inc.		1,362,350		1,287,960
	Chang Wah Technology Co. Ltd.		1,180,425		1,059,884
#	Channel Well Technology Co. Ltd.		680,000		503,689
	Charoen Pokphand Enterprise		698,483		1,639,969
	CHC Healthcare Group		367,000		449,281
#	CHC Resources Corp.		346,282		479,645
#	Chen Full International Co. Ltd.		342,000		360,592
#	Chenbro Micom Co. Ltd.		219,000		448,524
	Cheng Loong Corp.		2,760,383		2,241,560
	Cheng Mei Materials Technology Corp.		2,413,900		690,579
	Cheng Uei Precision Industry Co. Ltd.		1,321,331		1,375,121
# *	Chenming Electronic Technology Corp.		287,437		120,617
#	Chia Chang Co. Ltd.		378,000		393,399
#	Chia Hsin Cement Corp.		1,726,121		847,742
	Chian Hsing Forging Industrial Co. Ltd.		151,800		148,164
#	Chicony Power Technology Co. Ltd.		481,454		1,043,143
	Chief Telecom, Inc.		6,000		51,731
#	Chieftek Precision Co. Ltd.		248,847		563,143
	Chien Kuo Construction Co. Ltd.		658,249		222,422
	Chien Shing Harbour Service Co. Ltd.		16,000		16,213
#	Chime Ball Technology Co. Ltd.		106,840		123,228
	China Bills Finance Corp.		2,632,000		1,159,694

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	China Chemical & Pharmaceutical Co. Ltd.		904,000	$	566,045
	China Ecotek Corp.		145,000		182,379
#	China Electric Manufacturing Corp.		798,959		342,305
	China Fineblanking Technology Co. Ltd.		159,242		170,190
#	China General Plastics Corp.		1,457,461		891,860
#	China Glaze Co. Ltd.		310,002		115,688
*	China Man-Made Fiber Corp.		4,555,390		1,091,030
	China Metal Products		1,069,603		888,644
	China Motor Corp.		800,600		1,036,178
#	China Petrochemical Development Corp.		13,546,553		3,938,467
	China Steel Chemical Corp.		576,554		1,839,452
#	China Steel Structure Co. Ltd.		282,000		467,226
#	China Wire & Cable Co. Ltd.		276,160		214,645
#	Chinese Maritime Transport Ltd.		287,594		285,651
	Ching Feng Home Fashions Co. Ltd.		544,409		280,179
	Chin-Poon Industrial Co. Ltd.		1,488,207		1,267,085
#	Chipbond Technology Corp.		2,353,000		3,965,475
	ChipMOS Technologies, Inc.		1,896,076		1,862,109
	Chlitina Holding Ltd.		190,000		868,333
	Chong Hong Construction Co. Ltd.		673,666		1,486,171
	Chun YU Works & Co. Ltd.		526,050		360,233
#	Chun Yuan Steel Industry Co. Ltd.		1,806,529		830,471
	Chung Hsin Electric & Machinery Manufacturing Corp.		1,402,375		2,144,969
#	Chung Hung Steel Corp.		2,332,979		1,421,594
	Chung Hwa Food Industrial Co. Ltd.		126,535		388,202
	Chung Hwa Pulp Corp.		1,434,405		739,481
	Chunghwa Chemical Synthesis & Biotech Co. Ltd.		139,000		221,195
#	Chunghwa Precision Test Tech Co. Ltd.		56,000		658,336
	Chyang Sheng Dyeing & Finishing Co. Ltd.		397,000		169,921
	Cleanaway Co. Ltd.		286,000		1,480,617
	Clevo Co.		1,624,200		1,547,914
	CMC Magnetics Corp.		3,954,108		794,283
	C-Media Electronics, Inc.		48,000		58,837
	CoAsia Electronics Corp.		452,412		152,054
	Collins Co. Ltd.		351,431		156,240
#	Compeq Manufacturing Co. Ltd.		1,085,000		1,465,757
#	Compucase Enterprise		278,000		228,011
	Concord Securities Co. Ltd.		1,728,796		501,989
	Continental Holdings Corp.		1,312,320		1,134,383
#	Contrel Technology Co. Ltd.		513,000		220,885
#	Coremax Corp.		258,065		697,494
	Coretronic Corp.		1,269,200		1,963,907
#	Co-Tech Development Corp.		795,533		1,073,922
	Cowealth Medical Holding Co. Ltd.		175,972		129,207
	Coxon Precise Industrial Co. Ltd.		43,000		15,707
# *	CSBC Corp. Taiwan		1,758,677		801,371
	CTCI Corp.		1,963,000		2,854,593
*	C-Tech United Corp.		162,878		66,290
	Cub Elecparts, Inc.		86,126		370,514
#	CviLux Corp.		266,040		248,024
	Cyberlink Corp.		91,697		256,281
#	CyberPower Systems, Inc.		235,000		674,519
#	CyberTAN Technology, Inc.		1,337,779		902,961
#	Cypress Technology Co. Ltd.		169,489		266,256
	Cystech Electronics Corp.		20,750		36,296
#	DA CIN Construction Co. Ltd.		1,101,711		1,023,174
	Dadi Early-Childhood Education Group Ltd.		21,357		52,972
	Dafeng TV Ltd.		304,870		457,262
#	Da-Li Development Co. Ltd.		1,413,747		1,154,964

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
*	Danen Technology Corp.		162,081	$	51,945
#	Darfon Electronics Corp.		783,550		918,279
# *	Darwin Precisions Corp.		1,385,635		368,559
#	Davicom Semiconductor, Inc.		44,888		33,094
#	Daxin Materials Corp.		236,200		421,730
	De Licacy Industrial Co. Ltd.		1,155,511		497,648
*	Delpha Construction Co. Ltd.		23,000		13,052
#	Depo Auto Parts Ind Co. Ltd.		358,000		736,469
* ††	DER PAO Construction		476,000		0
#	Dimerco Data System Corp.		220,612		441,493
#	Dimerco Express Corp.		440,880		845,792
#	D-Link Corp.		1,944,855		875,250
	Donpon Precision, Inc.		104,000		64,284
	Dr Wu Skincare Co. Ltd.		57,000		150,678
#	Draytek Corp.		247,000		188,477
#	Dyaco International, Inc.		142,813		157,648
	DYNACOLOR, Inc.		12,000		12,765
	Dynamic Holding Co. Ltd.		992,707		499,088
	Dynapack International Technology Corp.		492,000		1,043,214
	E & R Engineering Corp.		56,000		88,465
	Eastern Media International Corp.		1,100,011		707,498
#	ECOVE Environment Corp.		113,000		853,564
# *	Edimax Technology Co. Ltd.		624,108		288,461
	Edison Opto Corp.		262,749		113,479
#	Edom Technology Co. Ltd.		732,964		617,597
#	eGalax_eMPIA Technology, Inc.		199,777		310,674
#	Egis Technology, Inc.		203,000		352,679
	Elan Microelectronics Corp.		942,400		2,365,750
# *	E-Lead Electronic Co. Ltd.		197,873		383,690
#	E-LIFE MALL Corp.		295,000		739,290
	Elite Advanced Laser Corp.		531,226		577,449
#	Elite Semiconductor Microelectronics Technology, Inc.		919,200		1,769,432
# *	Elitegroup Computer Systems Co. Ltd.		1,259,254		799,135
#	Emerging Display Technologies Corp.		462,000		281,347
#	Ennoconn Corp.		244,938		1,400,542
	Ennostar, Inc.		2,037,462		2,588,022
#	EnTie Commercial Bank Co. Ltd.		2,292,603		1,019,841
#	Episil Technologies, Inc.		211,000		567,028
#	Episil-Precision, Inc.		223,000		474,927
#	Eris Technology Corp.		38,000		195,488
#	Eson Precision Ind Co. Ltd.		331,000		603,205
	Eternal Materials Co. Ltd.		3,021,985		2,800,137
#	Etron Technology, Inc.		630,979		678,115
	Eurocharm Holdings Co. Ltd.		102,000		521,446
*	Everest Textile Co. Ltd.		1,642,762		388,709
	Evergreen International Storage & Transport Corp.		1,928,000		1,548,787
#	Evergreen Steel Corp.		153,000		228,529
	Everlight Chemical Industrial Corp.		1,768,606		949,657
#	Everlight Electronics Co. Ltd.		1,457,000		1,545,182
	Everspring Industry Co. Ltd.		522,000		179,008
	Excellence Opto, Inc.		72,000		45,537
#	Excelliance Mos Corp.		77,000		215,317
#	Excelsior Medical Co. Ltd.		378,219		723,576
#	EZconn Corp.		159,800		193,849
	Far Eastern Department Stores Ltd.		3,516,000		1,963,039
#	Far Eastern International Bank		8,313,246		2,730,708
#	Faraday Technology Corp.		63,000		275,901
#	Farglory F T Z Investment Holding Co. Ltd.		386,957		622,677
	Farglory Land Development Co. Ltd.		878,000		1,448,652

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
*	Federal Corp.		1,212,238	$	697,921
#	Feedback Technology Corp.		119,200		264,284
	Feng Hsin Steel Co. Ltd.		1,672,100		2,915,957
#	Firich Enterprises Co. Ltd.		194,325		151,046
	First Copper Technology Co. Ltd.		99,000		84,065
#	First Hi-Tec Enterprise Co. Ltd.		256,580		316,916
	First Hotel		713,350		306,335
#	First Insurance Co. Ltd.		900,179		392,227
*	First Steamship Co. Ltd.		2,334,612		578,664
#	FIT Holding Co. Ltd.		485,456		350,303
	Fitipower Integrated Technology, Inc.		82,000		263,126
	Fittech Co. Ltd.		107,000		261,244
	FLEXium Interconnect, Inc.		1,189,087		3,368,600
	Flytech Technology Co. Ltd.		369,309		724,433
#	FOCI Fiber Optic Communications, Inc.		213,000		143,863
	Force Mos Technology Ltd.		26,000		32,874
	Forcecon Tech Co. Ltd.		62,000		87,720
#	Forest Water Environment Engineering Co. Ltd.		168,132		146,961
#	Formosa Advanced Technologies Co. Ltd.		589,000		686,680
#	Formosa International Hotels Corp.		223,329		1,238,870
#	Formosa Laboratories, Inc.		363,089		531,654
	Formosa Oilseed Processing Co. Ltd.		222,567		375,373
	Formosa Optical Technology Co. Ltd.		137,000		240,088
	Formosa Taffeta Co. Ltd.		1,042,000		828,580
	Formosan Rubber Group, Inc.		869,952		533,967
	Formosan Union Chemical		1,117,733		703,434
#	Founding Construction & Development Co. Ltd.		663,623		353,678
#	Foxsemicon Integrated Technology, Inc.		248,027		1,279,999
	Franbo Lines Corp.		48,481		21,705
	Froch Enterprise Co. Ltd.		581,189		400,082
	FSP Technology, Inc.		560,427		641,770
	Fulgent Sun International Holding Co. Ltd.		436,748		1,845,538
	Fullerton Technology Co. Ltd.		391,600		217,315
#	Fulltech Fiber Glass Corp.		1,335,997		467,563
	Fusheng Precision Co. Ltd.		111,000		624,222
#	Fwusow Industry Co. Ltd.		752,138		455,419
#	G Shank Enterprise Co. Ltd.		588,281		797,797
#	Gallant Precision Machining Co. Ltd.		111,000		87,486
#	Gamania Digital Entertainment Co. Ltd.		416,000		692,454
# *	GCS Holdings, Inc.		299,000		323,008
#	GEM Services, Inc.		213,570		412,086
#	Gemtek Technology Corp.		1,413,219		1,143,064
	General Interface Solution Holding Ltd.		857,000		2,064,280
	General Plastic Industrial Co. Ltd.		275,357		236,115
#	Generalplus Technology, Inc.		195,000		269,760
#	GeneReach Biotechnology Corp.		47,300		74,497
#	Genesys Logic, Inc.		290,000		747,140
	Genius Electronic Optical Co. Ltd.		219,917		2,040,801
#	Genmont Biotech, Inc.		220,000		143,922
	Genovate Biotechnology Co. Ltd.		15,000		9,993
#	GeoVision, Inc.		251,096		258,249
	Getac Holdings Corp.		1,489,360		1,797,565
#	GFC Ltd.		229,600		459,458
# *	Giantplus Technology Co. Ltd.		1,008,900		344,996
*	Gigasolar Materials Corp.		62,400		185,476
*	Gigastorage Corp.		71,965		36,465
#	Global Brands Manufacture Ltd.		957,730		764,264
	Global Lighting Technologies, Inc.		284,000		482,725
	Global Mixed Mode Technology, Inc.		222,000		884,921

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Global PMX Co. Ltd.		179,000	$	819,726
*	Globe Union Industrial Corp.		889,914		327,126
	Gloria Material Technology Corp.		1,197,547		1,053,509
#	Gold Circuit Electronics Ltd.		1,158,104		3,064,864
	Goldsun Building Materials Co. Ltd.		3,254,587		2,283,695
#	Good Will Instrument Co. Ltd.		238,869		188,810
#	Gordon Auto Body Parts		391,000		257,972
	Gourmet Master Co. Ltd.		311,000		944,072
#	Grand Fortune Securities Co. Ltd.		1,025,629		324,078
	Grand Ocean Retail Group Ltd.		304,000		125,367
#	Grand Pacific Petrochemical		3,510,000		1,892,120
#	Grand Process Technology Corp.		81,000		455,114
#	GrandTech CG Systems, Inc.		204,799		329,689
	Grape King Bio Ltd.		415,000		1,563,372
	Great China Metal Industry		605,000		454,107
	Great Taipei Gas Co. Ltd.		1,444,000		1,371,038
#	Great Tree Pharmacy Co. Ltd.		97,044		813,078
	Great Wall Enterprise Co. Ltd.		2,406,001		2,999,654
#	Greatek Electronics, Inc.		1,027,000		1,478,585
* ††	Green Energy Technology, Inc.		1,570,850		0
#	Green World FinTech Service Co. Ltd.		14,700		159,003
#	GTM Holdings Corp.		431,150		322,857
#	Hannstar Board Corp.		1,379,954		1,227,627
	HannStar Display Corp.		3,885,505		1,376,660
	HannsTouch Solution, Inc.		1,930,782		550,495
#	Hanpin Electron Co. Ltd.		248,000		215,498
#	Harvatek Corp.		562,949		269,973
	Heran Co. Ltd.		6,000		18,872
	Hey Song Corp.		1,478,750		1,496,037
#	Hi-Clearance, Inc.		98,964		423,805
#	Highlight Tech Corp.		321,281		445,476
	HIM International Music, Inc.		60,710		134,841
	Hiroca Holdings Ltd.		211,448		299,818
#	Hitron Technology, Inc.		472,557		361,820
	Hiyes International Co. Ltd.		16,700		29,858
	Ho Tung Chemical Corp.		3,178,684		791,055
	Hocheng Corp.		851,734		286,300
#	Hold-Key Electric Wire & Cable Co. Ltd.		164,726		72,434
	Holiday Entertainment Co. Ltd.		234,430		412,359
#	Holtek Semiconductor, Inc.		659,000		1,353,224
	Holy Stone Enterprise Co. Ltd.		514,910		1,392,652
*	Hong Pu Real Estate Development Co. Ltd.		756,185		515,919
#	Hong TAI Electric Industrial		887,000		399,476
	Hong YI Fiber Industry Co.		440,652		232,280
#	Horizon Securities Co. Ltd.		1,136,320		349,891
	Hota Industrial Manufacturing Co. Ltd.		36,299		83,957
#	Hotai Finance Co. Ltd.		291,000		848,565
*	Hotron Precision Electronic Industrial Co. Ltd.		43,994		46,305
#	Hsin Kuang Steel Co. Ltd.		382,000		404,186
#	Hsin Yung Chien Co. Ltd.		157,255		457,194
	Hsing TA Cement Co.		488,162		228,550
# *	HTC Corp.		1,916,000		2,988,428
#	Hu Lane Associate, Inc.		276,737		1,250,118
#	HUA ENG Wire & Cable Co. Ltd.		1,201,565		477,905
	Hua Yu Lien Development Co. Ltd.		63,000		104,471
	Huaku Development Co. Ltd.		869,816		2,323,321
	Huang Hsiang Construction Corp.		205,800		251,387
#	Hung Ching Development & Construction Co. Ltd.		598,000		383,459
	Hung Sheng Construction Ltd.		1,304,251		996,857

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Huxen Corp.		119,244	$	168,065
#	Hwa Fong Rubber Industrial Co. Ltd.		823,812		357,664
	Hwacom Systems, Inc.		362,000		157,151
	Hycon Technology Corp.		16,000		26,985
	Ibase Technology, Inc.		213,206		439,292
#	IBF Financial Holdings Co. Ltd.		8,297,138		2,854,886
#	IC Plus Corp.		56,000		95,933
	Ichia Technologies, Inc.		869,000		480,351
#	I-Chiun Precision Industry Co. Ltd.		681,567		352,470
#	IEI Integration Corp.		466,832		765,749
	Inergy Technology, Inc.		11,000		20,962
	Infortrend Technology, Inc.		778,163		415,478
#	Info-Tek Corp.		236,000		390,920
#	Ingentec Corp.		48,410		248,697
#	Innodisk Corp.		263,447		1,347,149
#	Inpaq Technology Co. Ltd.		349,950		436,940
#	Insyde Software Corp.		97,000		223,068
#	Intai Technology Corp.		135,400		382,215
# *	Integrated Service Technology, Inc.		215,326		523,770
	IntelliEPI, Inc.		97,000		172,650
#	International CSRC Investment Holdings Co.		2,796,363		1,637,466
	International Games System Co. Ltd.		166,000		1,807,326
	Iron Force Industrial Co. Ltd.		155,393		341,674
#	I-Sheng Electric Wire & Cable Co. Ltd.		489,000		615,274
#	ITE Technology, Inc.		502,095		923,957
	ITEQ Corp.		839,040		1,421,973
* ††	J Touch Corp.		11,000		0
	Jarllytec Co. Ltd.		203,000		332,481
#	Jentech Precision Industrial Co. Ltd.		262,745		2,848,374
	Jess-Link Products Co. Ltd.		338,925		368,953
	Jia Wei Lifestyle, Inc.		30,000		39,260
#	Jih Lin Technology Co. Ltd.		213,000		397,501
	Jiin Yeeh Ding Enterprise Co. Ltd.		27,200		26,902
#	Jinan Acetate Chemical Co. Ltd.		64,564		218,826
*	Jinli Group Holdings Ltd.		258,681		77,633
	Johnson Health Tech Co. Ltd.		142,000		317,764
#	Jourdeness Group Ltd.		137,000		307,412
#	K Laser Technology, Inc.		586,000		328,367
	Kaimei Electronic Corp.		336,183		539,078
#	Kaori Heat Treatment Co. Ltd.		304,197		1,101,590
#	Kaulin Manufacturing Co. Ltd.		442,330		178,131
	Keding Enterprises Co. Ltd.		5,000		20,776
#	KEE TAI Properties Co. Ltd.		1,306,473		441,340
#	Kenda Rubber Industrial Co. Ltd.		1,785,845		1,691,026
#	Kenmec Mechanical Engineering Co. Ltd.		687,000		513,197
#	Kerry TJ Logistics Co. Ltd.		732,000		792,429
# *	Key Ware Electronics Co. Ltd.		302,194		92,130
#	Keystone Microtech Corp.		25,000		116,390
	Kindom Development Co. Ltd.		1,280,900		956,356
	King Chou Marine Technology Co. Ltd.		234,920		247,711
	King Slide Works Co. Ltd.		184,000		2,387,486
#	King Yuan Electronics Co. Ltd.		2,975,979		3,010,998
	King’s Town Bank Co. Ltd.		2,946,701		2,804,492
*	King’s Town Construction Co. Ltd.		333,074		352,548
#	Kinik Co.		318,000		1,001,417
#	Kinko Optical Co. Ltd.		541,103		384,748
	Kinpo Electronics		3,841,157		1,680,404
#	Kinsus Interconnect Technology Corp.		277,000		892,569
#	KMC Kuei Meng International, Inc.		205,253		887,803

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	KNH Enterprise Co. Ltd.		589,020	$	277,651
	Ko Ja Cayman Co. Ltd.		13,000		20,438
#	KS Terminals, Inc.		421,482		895,357
	Kung Long Batteries Industrial Co. Ltd.		254,000		1,067,326
# *	Kung Sing Engineering Corp.		1,616,290		322,831
	Kuo Toong International Co. Ltd.		751,648		450,672
	Kuo Yang Construction Co. Ltd.		729,899		405,857
#	Kwong Fong Industries Corp.		352,691		109,330
	Kwong Lung Enterprise Co. Ltd.		304,000		567,045
	KYE Systems Corp.		772,672		228,578
	L&K Engineering Co. Ltd.		635,048		564,331
#	La Kaffa International Co. Ltd.		80,701		245,097
	LAN FA Textile		805,933		203,538
	Land Mark Optoelectronics Corp.		293,300		841,550
#	Lanner Electronics, Inc.		278,916		556,058
#	Laser Tek Taiwan Co. Ltd.		267,504		213,813
#	Laster Tech Corp. Ltd.		83,091		74,516
*	Leader Electronics, Inc.		290,000		83,305
#	Leadtrend Technology Corp.		101,652		177,635
#	Lealea Enterprise Co. Ltd.		2,401,892		773,782
	Ledlink Optics, Inc.		141,300		97,440
#	LEE CHI Enterprises Co. Ltd.		648,000		432,733
#	Lelon Electronics Corp.		317,327		475,746
#	Lemtech Holdings Co. Ltd.		108,055		240,395
*	Leofoo Development Co. Ltd.		93,278		45,699
# *	Li Cheng Enterprise Co. Ltd.		306,108		217,757
*	Li Peng Enterprise Co. Ltd.		1,735,897		416,695
#	Lian HWA Food Corp.		303,993		614,323
	Lida Holdings Ltd.		257,400		227,995
	Lien Hwa Industrial Holdings Corp.		105,150		151,616
	Lingsen Precision Industries Ltd.		1,273,506		507,502
	Lintes Technology Co. Ltd.		7,000		24,584
	Liton Technology Corp.		89,000		67,542
# *	Long Bon International Co. Ltd.		694,274		355,492
#	Longchen Paper & Packaging Co. Ltd.		2,538,054		1,167,091
#	Longwell Co.		347,000		560,884
	Lotes Co. Ltd.		1		24
#	Lotus Pharmaceutical Co. Ltd.		334,000		1,595,512
#	Lu Hai Holding Corp.		196,102		180,373
#	Lucky Cement Corp.		540,000		171,608
	Lumax International Corp. Ltd.		303,832		619,879
	Lung Yen Life Service Corp.		564,000		617,354
	Luxe Electric Co. Ltd.		23,540		11,946
#	M31 Technology Corp.		58,000		582,041
#	Macauto Industrial Co. Ltd.		189,000		335,128
	Machvision, Inc.		146,398		529,662
#	Macroblock, Inc.		69,000		195,757
	Makalot Industrial Co. Ltd.		617,481		3,823,632
#	Marketech International Corp.		227,000		685,610
#	Materials Analysis Technology, Inc.		179,041		761,817
#	Mayer Steel Pipe Corp.		538,567		360,180
	Maywufa Co. Ltd.		69,322		38,138
#	Mechema Chemicals International Corp.		194,000		570,061
*	Medigen Biotechnology Corp.		85,000		78,350
*	Medigen Vaccine Biologics Corp.		538,257		1,073,835
#	Meiloon Industrial Co.		332,730		171,088
	Mercuries & Associates Holding Ltd.		1,446,486		634,436
# *	Mercuries Life Insurance Co. Ltd.		6,034,083		1,025,031
	Merry Electronics Co. Ltd.		301,914		735,578

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Mildef Crete, Inc.		193,000	$	240,974
#	MIN AIK Technology Co. Ltd.		491,452		244,881
#	Mirle Automation Corp.		602,098		672,531
	Mitac Holdings Corp.		3,232,918		2,713,208
#	Mobiletron Electronics Co. Ltd.		203,800		297,985
	MOSA Industrial Corp.		151,000		109,522
#	MPI Corp.		298,000		780,781
#	Nak Sealing Technologies Corp.		188,954		614,327
#	Namchow Holdings Co. Ltd.		581,000		780,516
# *	Nan Kang Rubber Tire Co. Ltd.		201,952		213,720
	Nan Liu Enterprise Co. Ltd.		123,000		267,078
	Nan Pao Resins Chemical Co. Ltd.		13,000		51,757
# *	Nan Ren Lake Leisure Amusement Co. Ltd.		576,317		197,388
#	Nang Kuang Pharmaceutical Co. Ltd.		226,000		234,218
	Nantex Industry Co. Ltd.		944,606		991,281
# *	National Aerospace Fasteners Corp.		89,000		162,359
#	National Petroleum Co. Ltd.		227,824		355,573
#	Netronix, Inc.		224,000		387,128
	New Best Wire Industrial Co. Ltd.		195,600		218,258
*	New Era Electronics Co. Ltd.		210,000		96,684
# *	Newmax Technology Co. Ltd.		148,000		128,097
#	Nexcom International Co. Ltd.		477,094		382,134
	Nichidenbo Corp.		656,417		967,280
	Nidec Chaun-Choung Technology Corp.		116,000		361,226
#	Nien Hsing Textile Co. Ltd.		458,345		300,289
#	Niko Semiconductor Co. Ltd.		190,000		270,288
#	Nishoku Technology, Inc.		132,400		354,367
	Nova Technology Corp.		84,000		212,923
	O-Bank Co. Ltd.		2,505,071		616,110
#	Ocean Plastics Co. Ltd.		764,200		780,718
	OFCO Industrial Corp.		38,000		23,775
	OK Biotech Co. Ltd.		182,527		126,523
	Orient Europharma Co. Ltd.		139,000		151,177
	Orient Semiconductor Electronics Ltd.		1,061,599		531,956
	Oriental Union Chemical Corp.		2,033,267		1,063,546
#	O-TA Precision Industry Co. Ltd.		222,227		630,626
	Pacific Construction Co.		1,300,921		360,986
#	Pacific Hospital Supply Co. Ltd.		255,209		518,585
#	Paiho Shih Holdings Corp.		458,365		358,229
#	Pan Jit International, Inc.		1,042,486		1,772,860
#	Pan-International Industrial Corp.		1,409,747		1,387,968
#	Panion & BF Biotech, Inc.		203,449		947,404
	Paragon Technologies Co. Ltd.		163,246		100,197
#	Parpro Corp.		208,000		138,689
	PChome Online, Inc.		366,000		569,133
#	PCL Technologies, Inc.		176,810		485,177
#	P-Duke Technology Co. Ltd.		214,633		535,634
#	Pegavision Corp.		104,000		907,949
* ††	Pharmally International Holding Co. Ltd.		441,605		0
*	Phihong Technology Co. Ltd.		1		1
#	Phoenix Silicon International Corp.		250,160		384,749
*	Phytohealth Corp.		161,000		86,550
#	Pixart Imaging, Inc.		517,150		1,292,497
	Planet Technology Corp.		160,000		369,660
#	Plastron Precision Co. Ltd.		523,460		191,451
	Plotech Co. Ltd.		343,800		209,371
#	Polytronics Technology Corp.		262,124		428,018
#	Posiflex Technology, Inc.		70,457		250,476
#	Power Wind Health Industry, Inc.		119,314		430,766

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Poya International Co. Ltd.		151,409	$	1,924,413
	President Securities Corp.		2,818,193		1,279,263
	Primax Electronics Ltd.		1,312,000		2,197,944
#	Prince Housing & Development Corp.		3,787,644		1,209,741
#	Pro Hawk Corp.		87,000		419,636
* ††	Prodisc Technology, Inc.		1,707,199		0
#	Promate Electronic Co. Ltd.		622,000		678,696
#	Prosperity Dielectrics Co. Ltd.		366,559		351,910
	Qisda Corp.		3,422,900		2,601,959
	QST International Corp.		237,600		423,389
#	Qualipoly Chemical Corp.		308,048		302,503
#	Quang Viet Enterprise Co. Ltd.		154,000		595,653
#	Quanta Storage, Inc.		725,000		848,919
#	Quintain Steel Co. Ltd.		845,692		315,485
	Radiant Opto-Electronics Corp.		1,022,000		3,113,899
	Radium Life Tech Co. Ltd.		2,412,242		678,507
#	Rafael Microelectronics, Inc.		111,821		407,687
# *	RDC Semiconductor Co. Ltd.		138,000		595,141
	Rechi Precision Co. Ltd.		1,229,181		603,663
#	Rexon Industrial Corp. Ltd.		418,000		365,142
	Rich Development Co. Ltd.		2,360,036		598,743
*	Ritek Corp.		2,460,867		534,266
*	Roo Hsing Co. Ltd.		1,926,000		174,534
#	Ruentex Engineering & Construction Co.		206,540		572,804
	Ruentex Industries Ltd.		557,395		952,178
#	Run Long Construction Co. Ltd.		58,650		115,202
	Sakura Development Co. Ltd.		16,000		15,619
	Sampo Corp.		1,267,861		923,719
#	San Fang Chemical Industry Co. Ltd.		805,647		499,736
#	San Far Property Ltd.		626,510		224,408
#	San Shing Fastech Corp.		445,875		730,237
	Sanitar Co. Ltd.		212,000		232,719
	Sanyang Motor Co. Ltd.		1,623,628		1,826,643
	Savior Lifetec Corp.		183,000		91,606
# *	SCI Pharmtech, Inc.		186,474		499,527
#	Scientech Corp.		230,000		444,923
	ScinoPharm Taiwan Ltd.		262,000		193,258
#	SDI Corp.		427,000		1,177,255
	Sea Sonic Electronics Co. Ltd.		87,000		123,744
#	Senao International Co. Ltd.		335,541		309,418
#	Senao Networks, Inc.		106,000		593,211
#	Sensortek Technology Corp.		59,000		359,738
	Sercomm Corp.		818,000		1,911,715
#	Sesoda Corp.		616,803		766,851
	Shane Global Holding, Inc.		6,000		12,767
#	Shan-Loong Transportation Co. Ltd.		291,000		294,293
	Sharehope Medicine Co. Ltd.		294,572		268,452
#	Sheng Yu Steel Co. Ltd.		470,980		339,741
#	ShenMao Technology, Inc.		355,891		410,707
	Shieh Yih Machinery Industry Co. Ltd.		166,000		52,762
	Shih Her Technologies, Inc.		173,000		271,170
	Shih Wei Navigation Co. Ltd.		844,607		598,555
#	Shihlin Electric & Engineering Corp.		1,406,000		2,382,492
	Shin Foong Specialty & Applied Materials Co. Ltd.		28,000		44,580
	Shin Hai Gas Corp.		1,245		1,988
	Shin Hsiung Natural Gas Co. Ltd.		28,850		57,808
	Shin Ruenn Development Co. Ltd.		32,000		26,004
	Shin Zu Shing Co. Ltd.		618,943		1,493,812
	Shinih Enterprise Co. Ltd.		71,000		44,940

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
*	Shining Building Business Co. Ltd.		1,570,814	$	441,751
#	Shinkong Insurance Co. Ltd.		695,131		949,749
#	Shinkong Synthetic Fibers Corp.		4,285,395		2,144,528
	Shinkong Textile Co. Ltd.		788,542		934,223
#	Shiny Chemical Industrial Co. Ltd.		413,467		1,286,291
	ShunSin Technology Holding Ltd.		42,000		103,034
# *	Shuttle, Inc.		1,355,152		475,695
#	Sigurd Microelectronics Corp.		1,496,907		2,154,652
	Silicon Optronics, Inc.		18,000		38,234
	Sinbon Electronics Co. Ltd.		503,813		3,912,409
	Sincere Navigation Corp.		1,154,139		630,006
	Singatron Enterprise Co. Ltd.		55,000		33,907
	Single Well Industrial Corp.		79,224		60,220
#	Sinher Technology, Inc.		213,000		234,106
#	Sinmag Equipment Corp.		169,056		432,043
#	Sinon Corp.		1,362,510		1,496,657
#	Sinopower Semiconductor, Inc.		35,000		103,309
#	Sinphar Pharmaceutical Co. Ltd.		223,938		193,761
	Sinyi Realty, Inc.		854,660		743,232
	Sirtec International Co. Ltd.		325,600		195,338
#	Sitronix Technology Corp.		362,879		1,856,686
#	Siward Crystal Technology Co. Ltd.		530,000		480,833
	Soft-World International Corp.		262,000		581,809
#	Solar Applied Materials Technology Corp.		1,574,372		1,350,114
#	Solomon Technology Corp.		420,000		291,564
#	Solteam, Inc.		219,034		273,283
#	Sonix Technology Co. Ltd.		591,000		840,275
#	Southeast Cement Co. Ltd.		579,700		318,969
	Speed Tech Corp.		394,000		611,661
#	Spirox Corp.		298,824		239,752
	Sporton International, Inc.		252,601		1,581,101
	Sports Gear Co. Ltd.		46,000		99,849
	St Shine Optical Co. Ltd.		179,000		1,170,542
#	Standard Chemical & Pharmaceutical Co. Ltd.		353,571		488,717
	Standard Foods Corp.		485,000		581,250
#	Stark Technology, Inc.		377,688		901,788
	Sun Race Sturmey-Archer, Inc.		37,000		50,687
*	Sun Yad Construction Co. Ltd.		193,725		74,028
#	Sunjuice Holdings Co. Ltd.		16,000		100,256
*	Sunko INK Co. Ltd.		483,400		197,284
	SunMax Biotechnology Co. Ltd.		94,000		398,268
	Sunny Friend Environmental Technology Co. Ltd.		225,000		938,536
	Sunonwealth Electric Machine Industry Co. Ltd.		664,487		826,857
	Sunplus Innovation Technology, Inc.		19,000		35,233
#	Sunplus Technology Co. Ltd.		1,763,000		1,226,546
	Sunrex Technology Corp.		298,612		333,350
#	Sunspring Metal Corp.		391,069		250,303
#	Supreme Electronics Co. Ltd.		1,558,602		1,599,721
#	Swancor Holding Co. Ltd.		100,000		276,046
#	Sweeten Real Estate Development Co. Ltd.		687,465		506,767
#	Symtek Automation Asia Co. Ltd.		206,069		482,771
	Syncmold Enterprise Corp.		401,750		735,271
	Syngen Biotech Co. Ltd.		17,000		72,157
	Synmosa Biopharma Corp.		969,632		978,232
*	Sysgration		62,000		69,830
	Systex Corp.		556,388		1,142,154
	T3EX Global Holdings Corp.		31,000		58,206
	TA Chen Stainless Pipe		4,850,504		5,667,713
#	Ta Liang Technology Co. Ltd.		171,000		215,642

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
#	Ta Ya Electric Wire & Cable		2,617,007	$	1,339,110
#	Ta Yih Industrial Co. Ltd.		106,000		112,477
	Tah Hsin Industrial Corp.		221,092		443,242
	TAI Roun Products Co. Ltd.		201,000		87,736
#	TA-I Technology Co. Ltd.		397,788		509,540
# *	Tai Tung Communication Co. Ltd.		391,267		166,396
	Taichung Commercial Bank Co. Ltd.		15,973,893		6,212,649
#	TaiDoc Technology Corp.		192,470		1,014,382
#	Taiflex Scientific Co. Ltd.		667,340		831,396
#	Taimide Tech, Inc.		385,262		363,073
#	Tainan Enterprises Co. Ltd.		263,370		148,968
#	Tainan Spinning Co. Ltd.		4,077,044		2,044,352
#	Tai-Saw Technology Co. Ltd.		235,120		173,863
	TaiSol Electronics Co. Ltd.		75,000		71,423
#	Taisun Enterprise Co. Ltd.		714,648		862,868
#	Taita Chemical Co. Ltd.		948,828		584,665
	TAI-TECH Advanced Electronics Co. Ltd.		45,000		102,586
#	Taiwan Chinsan Electronic Industrial Co. Ltd.		427,113		443,680
	Taiwan Cogeneration Corp.		1,440,566		1,307,062
	Taiwan FamilyMart Co. Ltd.		16,000		91,839
	Taiwan Fertilizer Co. Ltd.		229,000		371,278
	Taiwan Fire & Marine Insurance Co. Ltd.		961,338		590,479
	Taiwan FU Hsing Industrial Co. Ltd.		620,000		770,186
	Taiwan Glass Industry Corp.		65,000		41,057
	Taiwan Hon Chuan Enterprise Co. Ltd.		885,468		2,288,316
#	Taiwan Hopax Chemicals Manufacturing Co. Ltd.		590,120		632,313
* ††	Taiwan Kolin Co. Ltd.		1,356,000		0
††	Taiwan Land Development Corp.		2,845,991		177,529
#	Taiwan Line Tek Electronic		144,185		108,982
	Taiwan Navigation Co. Ltd.		730,777		525,570
	Taiwan Paiho Ltd.		930,287		1,405,525
	Taiwan PCB Techvest Co. Ltd.		995,238		1,005,480
	Taiwan Sakura Corp.		723,803		1,314,305
	Taiwan Sanyo Electric Co. Ltd.		417,400		457,094
	Taiwan Secom Co. Ltd.		248,000		710,495
#	Taiwan Semiconductor Co. Ltd.		816,000		1,893,011
#	Taiwan Shin Kong Security Co. Ltd.		1,307,577		1,567,701
	Taiwan Steel Union Co. Ltd.		18,000		49,188
#	Taiwan Styrene Monomer		1,843,209		705,747
	Taiwan Surface Mounting Technology Corp.		882,388		2,231,415
	Taiwan Taxi Co. Ltd.		81,888		199,396
# *	Taiwan TEA Corp.		1,930,897		1,229,758
#	Taiwan Union Technology Corp.		893,000		1,212,407
#	Taiwan-Asia Semiconductor Corp.		1,097,804		1,073,802
	Taiyen Biotech Co. Ltd.		383,883		357,171
	TCI Co. Ltd.		305,746		1,018,356
	Te Chang Construction Co. Ltd.		258,206		238,319
	Team Group, Inc.		162,400		153,754
#	Tehmag Foods Corp.		116,380		880,582
#	Ten Ren Tea Co. Ltd.		140,980		140,307
	Tera Autotech Corp.		91,885		50,155
	Test Research, Inc.		562,820		1,048,477
#	Test Rite International Co. Ltd.		1,117,495		699,713
	Tex-Ray Industrial Co. Ltd.		311,000		110,012
	Thermaltake Technology Co. Ltd.		35,000		23,260
#	Thinking Electronic Industrial Co. Ltd.		269,204		979,107
#	Thye Ming Industrial Co. Ltd.		391,135		419,877
#	Ting Sin Co. Ltd.		158,324		67,389
	Ton Yi Industrial Corp.		2,548,644		1,310,026

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Tong Hsing Electronic Industries Ltd.		332,976	$	1,780,291
	Tong Yang Industry Co. Ltd.		1,236,741		1,730,611
#	Tong-Tai Machine & Tool Co. Ltd.		769,892		317,476
	Top Union Electronics Corp.		68,000		48,538
*	TOPBI International Holdings Ltd.		289,096		86,121
	Topco Scientific Co. Ltd.		563,087		2,605,688
#	Topco Technologies Corp.		182,720		396,719
	Topkey Corp.		235,000		1,255,433
#	Topoint Technology Co. Ltd.		428,898		377,127
#	Toung Loong Textile Manufacturing		353,940		290,705
#	TPK Holding Co. Ltd.		1,347,000		1,188,898
#	Trade-Van Information Services Co.		255,000		431,258
	Transart Graphics Co. Ltd.		18,000		30,756
	Transcend Information, Inc.		731,000		1,459,457
	Transcom, Inc.		53,000		204,667
*	TrueLight Corp.		37,000		24,113
#	Tsang Yow Industrial Co. Ltd.		239,000		167,839
	Tsann Kuen Enterprise Co. Ltd.		206,059		266,837
	TSC Auto ID Technology Co. Ltd.		98,470		570,815
	TSRC Corp.		1,921,200		1,574,160
	Ttet Union Corp.		153,000		688,025
	TTFB Co. Ltd.		47,340		272,272
#	TTY Biopharm Co. Ltd.		815,979		1,895,358
#	Tung Ho Steel Enterprise Corp.		1,665,630		2,548,962
#	Tung Thih Electronic Co. Ltd.		232,000		961,808
	Turvo International Co. Ltd.		131,922		370,382
#	TXC Corp.		1,004,053		2,369,719
#	TYC Brother Industrial Co. Ltd.		848,980		660,286
*	Tycoons Group Enterprise		1,695,767		420,069
#	Tyntek Corp.		1,029,039		483,822
	UDE Corp.		251,000		229,975
	U-Ming Marine Transport Corp.		1,101,000		1,199,224
#	Unictron Technologies Corp.		23,000		48,474
#	Union Bank Of Taiwan		7,686,772		3,607,709
	Unitech Computer Co. Ltd.		341,804		310,049
*	Unitech Printed Circuit Board Corp.		2,033,648		1,100,681
	United Integrated Services Co. Ltd.		576,951		2,589,286
*	United Orthopedic Corp.		312,935		300,838
	United Radiant Technology		366,000		179,801
#	United Recommend International Co. Ltd.		56,350		111,409
*	United Renewable Energy Co. Ltd.		2,484,437		1,614,924
††	Unity Opto Technology Co. Ltd.		2,760,500		66,180
	Univacco Technology, Inc.		32,000		24,354
	Universal Cement Corp.		1,620,433		1,005,002
#	Universal Vision Biotechnology Co. Ltd.		109,200		835,198
	Unizyx Holding Corp.		979,225		777,883
	UPC Technology Corp.		2,827,124		1,068,323
#	Userjoy Technology Co. Ltd.		195,587		419,668
	USI Corp.		2,894,156		1,814,779
*	Usun Technology Co. Ltd.		209,200		162,853
#	Utechzone Co. Ltd.		189,000		444,590
	UVAT Technology Co. Ltd.		55,000		92,660
	Ve Wong Corp.		556,696		561,629
#	Ventec International Group Co. Ltd.		223,000		409,706
#	VIA Labs, Inc.		50,000		261,836
*	Victory New Materials Ltd. Co.		327,832		100,432
	Viking Tech Corp.		118,000		145,714
	Visual Photonics Epitaxy Co. Ltd.		522,772		933,345
#	Vivotek, Inc.		136,704		567,246

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Wafer Works Corp.		1,548,251	$	1,909,749
#	Waffer Technology Corp.		319,513		306,244
	Wah Hong Industrial Corp.		144,021		129,373
	Wah Lee Industrial Corp.		603,300		1,500,721
	Walsin Technology Corp.		289,000		705,406
#	Walton Advanced Engineering, Inc.		1,110,197		370,843
	WAN HWA Enterprise Co.		401,238		148,690
	We & Win Development Co. Ltd.		161,000		34,371
	We&Win Diversification Co. Ltd.		95,000		34,603
	WEI Chih Steel Industrial Co. Ltd.		26,000		17,564
	Wei Chuan Foods Corp.		1,258,000		711,737
* ††	Wei Mon Industry Co. Ltd.		3,075,282		0
	Weikeng Industrial Co. Ltd.		1,320,459		1,050,889
	Well Shin Technology Co. Ltd.		319,000		444,488
#	WELLELL, Inc.		220,500		158,547
# *	Wha Yu Industrial Co. Ltd.		328,000		154,042
	Wholetech System Hitech Ltd.		207,000		255,957
	Winmate, Inc.		140,000		349,141
#	Winstek Semiconductor Co. Ltd.		234,000		294,733
††	Wintek Corp.		5,447,000		57,999
#	WinWay Technology Co. Ltd.		48,000		456,093
	Wisdom Marine Lines Co. Ltd.		1,396,241		2,258,206
	Wistron Information Technology & Services Corp.		32,000		76,197
	Wistron NeWeb Corp.		960,155		2,489,490
# *	Wowprime Corp.		225,000		870,866
	WT Microelectronics Co. Ltd.		1,225,450		2,213,380
	WUS Printed Circuit Co. Ltd.		599,737		421,397
	XAC Automation Corp.		302,000		195,505
#	XinTec, Inc.		318,000		941,478
	X-Legend Entertainment Co. Ltd.		81,000		102,437
* ††	XPEC Entertainment, Inc.		192,135		0
#	Xxentria Technology Materials Corp.		487,207		856,610
	Yankey Engineering Co. Ltd.		2,000		9,759
#	YC INOX Co. Ltd.		1,267,609		994,666
	YCC Parts Manufacturing Co. Ltd.		79,000		88,404
#	Yea Shin International Development Co. Ltd.		675,103		462,851
#	Yem Chio Co. Ltd.		1,684,518		675,912
#	Yeong Guan Energy Technology Group Co. Ltd.		279,987		430,925
#	YFC-Boneagle Electric Co. Ltd.		374,687		282,068
#	YFY, Inc.		1,071,212		847,897
#	Yi Jinn Industrial Co. Ltd.		669,284		377,591
	Yi Shin Textile Industrial Co. Ltd.		28,000		28,953
#	Yieh Phui Enterprise Co. Ltd.		3,414,651		1,509,700
#	Yonyu Plastics Co. Ltd.		279,600		286,927
	Young Fast Optoelectronics Co. Ltd.		335,872		265,165
#	Youngtek Electronics Corp.		415,666		727,479
#	Yuanta Futures Co. Ltd.		342,827		497,903
	Yuen Chang Stainless Steel Co. Ltd.		60,000		35,736
	Yuen Foong Yu Consumer Products Co. Ltd.		140,000		151,464
	Yulon Finance Corp.		69,498		293,620
	Yulon Motor Co. Ltd.		1,697,056		2,397,365
	Yung Chi Paint & Varnish Manufacturing Co. Ltd.		250,869		542,535
#	Yungshin Construction & Development Co. Ltd.		377,000		699,991
	YungShin Global Holding Corp.		758,015		914,467
	Yusin Holding Corp.		25,721		80,496
	Zeng Hsing Industrial Co. Ltd.		210,107		700,436
#	Zenitron Corp.		654,000		520,816
#	Zero One Technology Co. Ltd.		522,226		622,532
*	Zhong Yang Technology Co. Ltd.		7,819		8,601

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TAIWAN — (Continued)
	Zig Sheng Industrial Co. Ltd.		1,265,732	$	376,382
	ZillTek Technology Corp.		19,000		105,189
# *	Zinwell Corp.		1,080,586		553,795
#	Zippy Technology Corp.		409,948		481,479
#	ZongTai Real Estate Development Co. Ltd.		594,686		542,176
TOTAL TAIWAN					560,730,507
THAILAND — (2.6%)
	AAPICO Hitech PCL, NVDR		44,370		35,265
	AAPICO Hitech PCL		827,632		657,800
	Absolute Clean Energy PCL		5,527,500		397,934
	Advanced Information Technology PCL		4,845,200		789,286
	AEON Thana Sinsap Thailand PCL		186,900		802,894
*	After You PCL		945,700		278,293
	AgriPure Holdings PLC		342,400		45,431
*	AgriPure Holdings PLC		26,750		0
	AI Energy PCL		150,750		12,754
	AJ Plast PCL		662,588		215,872
	Allianz Ayudhya Capital PCL		195,200		217,972
*	Alpha Divisions PCL, Class F		426,400		16,917
	Alucon PCL		2,200		10,694
	Amanah Leasing PCL		1,775,700		192,220
	Amata Corp. PCL		3,064,910		1,570,303
*	Ananda Development PCL		6,937,600		260,661
	AP Thailand PCL		9,322,416		2,400,412
*	Aqua Corp. PCL		1,423,200		24,680
	Asia Plus Group Holdings PCL		7,988,300		629,661
	Asia Sermkij Leasing PCL, NVDR		1,358,800		1,160,300
	Asian Insulators PCL		1,590,850		261,240
	Asian Sea Corp. PCL, Class F		740,500		338,536
	Asiasoft Corp. PCL		673,200		293,618
	Bangchak Corp. PCL		71,100		56,977
*	Bangkok Airways PCL		2,794,300		991,147
	Bangkok Insurance PCL		198,381		1,438,601
	Bangkok Land PCL		49,104,170		1,303,080
*	Bangkok Ranch PCL		1,634,700		120,262
* ††	Bangkok Rubber Pub Co.		14,600		0
	BCPG PCL		2,883,700		723,577
	BEC World PCL		2,062,348		522,902
*	Better World Green PCL		14,328,300		271,056
	BG Container Glass PCL		596,800		155,237
*	Bound & Beyond PCL		74,300		23,621
	Business Online PCL		436,400		119,247
	Cal-Comp Electronics Thailand PCL, Class F		12,497,033		722,372
	CH Karnchang PCL		3,802,500		2,317,867
	Charoong Thai Wire & Cable PCL, Class F		726,000		113,116
	Chayo Group PCL		122,200		26,167
	Chularat Hospital PCL, Class F		20,613,400		1,917,274
	CIMB Thai Bank PCL		7,467,800		164,817
	CK Power PCL		3,910,700		507,590
	Communication & System Solution PCL		1,235,900		48,709
*	Country Group Development PCL		14,802,500		178,906
*	Country Group Holdings PCL, Class F		3,458,000		62,691
	Demco PCL		607,800		69,946
	Dhipaya Group Holdings PCL		2,171,100		3,094,645
	Diamond Building Products PCL		166,700		33,725
	Do Day Dream PCL		340,400		149,361
	Dynasty Ceramic PCL		15,131,880		1,073,465
*	E for L Aim PCL		1,528,730		17,673

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
*	Earth Tech Environment PCL		323,000	$	27,497
	Eastern Polymer Group PCL, Class F		3,322,300		890,369
	Eastern Power Group PCL		1,420,408		161,223
	Eastern Water Resources Development & Management PCL, Class F		2,421,400		324,465
	Ekachai Medical Care PCL		964,704		196,439
	Esso Thailand PCL		1,059,600		403,684
	Exotic Food PCL, Class F		382,700		121,668
	Forth Corp. PCL		603,600		840,536
	Forth Smart Service PCL		844,800		426,173
	Fortune Parts Industry PCL, Class F		230,000		23,085
	GFPT PCL		1,928,200		744,733
	Global Green Chemicals PCL, Class F		1,314,600		490,471
* ††	Group Lease PCL, NVDR		1,644,700		5,268
	Haad Thip PCL		285,700		213,937
	Hana Microelectronics PCL		1,320,100		1,205,294
	Humanica PCL		250,600		72,428
	Hwa Fong Rubber Thailand PCL		407,600		69,611
	I&I Group PCL		21,100		24,116
	ICC International PCL		204,600		167,991
	Ichitan Group PCL		1,493,100		415,840
	Index Livingmall PCL		395,300		180,720
	Infraset PCL		164,200		15,704
	Interlink Communication PCL		794,300		161,740
*	Interlink Telecom PCL		2,587,600		270,590
	Internet Thailand PCL		795,400		114,942
*	Interpharma PCL		20,800		8,908
	IT City PCL		152,900		20,689
*	Italian-Thai Development PCL		17,231,827		873,816
* ††	ITV PLC		2,785,600		0
	JAS Asset PCL, Class F		208,000		21,969
*	Jasmine International PCL		11,956,600		760,246
*	JKN Global Media PCL		638,200		84,680
	Jubilee Enterprise PCL		341,300		260,055
	JWD Infologistics PCL		1,363,500		698,588
	Kang Yong Electric PCL		6,000		50,447
	Karmarts PCL		1,756,900		283,892
	KGI Securities Thailand PCL		403,100		51,261
	Khon Kaen Sugar Industry PCL		6,254,237		611,292
	Ladprao General Hospital PCL, Class F		60,100		9,080
	Lalin Property PCL		495,500		117,170
	Lam Soon Thailand PCL		1,074,700		141,185
	Lanna Resources PCL		609,350		296,190
	Lee Feed Mill PCL		67,000		4,260
	LH Financial Group PCL		27,752,539		802,096
	Loxley PCL		6,581,976		380,461
	LPN Development PCL		4,234,002		460,556
*	Master Ad PCL		3,883,000		54,072
	MBK PCL		3,877,954		1,915,542
	MC Group PCL		783,000		204,699
*	MCOT PCL		658,800		82,047
	MCS Steel PCL		1,579,400		385,928
*	MDX PCL		108,900		13,105
	Mega Lifesciences PCL		618,200		718,743
	Millcon Steel PCL		5,433,354		114,206
	Modernform Group PCL		2,003,800		176,899
*	Mono Next PCL		1,413,700		53,859
	Muang Thai Insurance PCL		61,288		202,093
	Namyong Terminal PCL		1,737,000		167,037
	Nava Nakorn PCL		178,700		9,672

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
*	Nawarat Patanakarn PCL		2,977,100	$	61,013
	Netbay PCL		393,700		307,740
	Noble Development PCL		2,319,300		277,877
	Nonthavej Hospital PCL		3,300		3,316
	Northeast Rubber PCL		3,149,300		479,925
	NR Instant Produce PCL		71,400		12,100
*	Nusasiri PCL		390,800		10,473
	Origin Property PCL, Class F		2,597,250		696,058
	Pacific Pipe PCL		192,400		19,007
	PCS Machine Group Holding PCL		1,196,800		155,968
*	Plan B Media PCL, Class F		7,247,656		1,342,511
*	Platinum Group PCL, Class F		3,236,300		278,903
	Polyplex Thailand PCL		1,023,050		634,366
*	Power Solution Technologies PCL, Class F		5,710,720		256,577
	Praram 9 Hospital PCL		91,700		43,368
	Precious Shipping PCL		2,314,600		796,670
	Premier Marketing PCL		1,413,900		360,348
	Prima Marine PCL		4,139,800		701,569
*	Principal Capital PCL		1,537,400		246,404
	Property Perfect PCL		30,025,746		307,673
	Pruksa Holding PCL		2,868,300		904,351
	PTG Energy PCL		3,087,900		1,127,741
	Pylon PCL		1,089,900		121,991
	Quality Houses PCL		28,415,326		1,612,641
	R&B Food Supply PCL		345,300		99,798
*	Raimon Land PCL		9,678,200		180,544
	Rajthanee Hospital PCL		519,100		470,545
	Ratchaphruek Hospital PCL, Class F		146,400		23,464
	Ratchthani Leasing PCL		7,384,755		869,251
	Regional Container Lines PCL		1,066,200		742,362
	Rojana Industrial Park PCL		3,049,854		464,770
	RPCG Pcl		1,542,900		41,755
	RS PCL		1,949,000		803,975
	S 11 Group PCL		1,380,900		179,234
*	S Hotels & Resorts PCL		3,052,300		296,729
	S Kijchai Enterprise PCL, Class F		168,900		22,411
	Sabina PCL		845,800		555,570
	Saha Pathana Inter-Holding PCL		699,100		1,276,601
	Sahakol Equipment PCL		2,553,800		125,476
	Sahamitr Pressure Container PCL		728,400		283,245
	Saha-Union PCL		753,300		569,032
*	Samart Corp. PCL		2,445,500		366,247
	Samart Telcoms PCL		721,200		131,696
	Sansiri PCL		47,003,710		1,617,837
	Sappe PCL		437,900		465,973
	SC Asset Corp. PCL		6,201,215		612,627
	SCG Ceramics PCL		2,696,100		145,927
*	SEAFCO PCL		2,160,702		195,292
*	Seafresh Industry PCL		227,200		18,506
	Sena Development PCL		2,107,633		225,936
*	SENA J Property PCL		835,300		27,434
	Sermsang Power Corp. Co. Ltd.		1,717,188		446,667
*	Siam Wellness Group PCL, Class F		80,500		24,535
	Siamgas & Petrochemicals PCL		2,078,300		567,901
	Siamrajathanee PCL		489,480		124,749
	Sikarin PCL, Class F		65,000		24,422
*	Simat Technologies PCL		1,166,200		72,926
*	Singha Estate PCL		11,739,354		558,282
	Sino-Thai Engineering & Construction PCL		3,693,013		1,135,267

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
	SiS Distribution Thailand PCL		36,100	$	24,661
	SISB PCL		111,800		56,399
*	SKY ICT PCL, Class F		163,400		43,362
	SNC Former PCL		651,700		280,817
	Somboon Advance Technology PCL		935,137		523,343
	Southern Concrete Pile PCL		115,700		15,656
	SPCG PCL		1,937,400		697,383
	Sri Trang Agro-Industry PCL		2,624,200		1,323,821
	Sri Trang Gloves Thailand PCL		76,700		22,369
	Sriracha Construction PCL		59,800		16,969
	Srisawad Capital 1969 PCL		378,400		258,497
	Srithai Superware PCL		4,677,700		202,790
	Srivichai Vejvivat PCL		997,700		237,236
	Starflex PCL		849,700		74,120
	Stars Microelectronics Thailand PCL		1,023,800		124,814
*	STP & I PCL		4,616,764		557,990
	Supalai PCL		4,018,991		2,217,520
	Super Energy Corp. PCL		57,070,391		1,049,639
	Susco PCL		1,626,100		196,533
	SVI PCL		951,200		202,436
	Synnex Thailand PCL		681,540		273,977
	Syntec Construction PCL		4,670,200		192,649
	TAC Consumer PCL, Class F		1,430,100		259,267
	Taokaenoi Food & Marketing PCL, Class F		2,024,080		372,269
	Tata Steel Thailand PCL		1,198,700		31,810
	Thai Nakarin Hospital PCL		348,500		334,216
*	Thai Reinsurance PCL		8,213,800		233,077
	Thai Rubber Latex Group PCL		1,217,800		69,113
	Thai Solar Energy PCL, Class F		3,485,274		194,135
	Thai Stanley Electric PCL, Class F		141,000		674,251
	Thai Vegetable Oil PCL		1,901,982		1,424,238
	Thai Wacoal PCL		78,000		69,679
	Thai Wah PCL, Class F		1,671,200		237,112
	Thaicom PCL		1,633,800		493,660
	Thaifoods Group PCL, Class F		3,785,600		556,998
	Thaire Life Assurance PCL, Class F		1,525,800		188,420
	Thaivivat Insurance PCL		151,400		68,818
	Thanachart Capital PCL		892,800		938,308
	Thitikorn PCL		694,300		163,268
	Thoresen Thai Agencies PCL		4,069,454		801,916
	Tipco Asphalt PCL		2,277,200		1,023,125
	TIPCO Foods PCL		1,106,482		255,834
	TKS Technologies PCL		834,515		236,804
	TMT Steel PCL		964,000		193,762
	Tong Hua Holding PCL		216,000		23,155
	TPC Power Holding PCL, Class F		841,800		168,095
	TPI Polene PCL		23,075,800		1,073,152
	TPI Polene Power PCL		9,540,200		842,225
	TQM Alpha PCL		801,300		789,510
	Triple i Logistics PCL		83,300		28,015
*	Triton Holding PCL		8,152,600		40,699
*	TTCL PCL		824,440		93,578
	TTW PCL		2,977,700		680,662
*	U City PLC, Class F		12,358,389		522,780
	Union Auction PCL		825,400		216,868
*	Unique Engineering & Construction PCL		2,628,670		309,418
	United Paper PCL		1,036,800		449,480
*	United Power of Asia PCL, Class F		10,276,434		62,101
	Univanich Palm Oil PCL		2,156,800		402,346

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
THAILAND — (Continued)
	Univentures PCL		1,488,000	$	117,288
	Vanachai Group PCL		1,592,659		244,799
	Vinythai PCL		12,200		12,468
	WHA Utilities & Power PCL		4,811,700		515,810
	WICE Logistics PCL		1,010,900		294,824
	Workpoint Entertainment PCL		799,040		379,995
	YGGDRAZIL Group PCL		49,500		10,470
*	Ziga Innovation PCL		797,100		93,407
TOTAL THAILAND					93,749,823
TURKEY — (1.3%)
	Afyon Cimento Sanayi TAS		570,356		192,710
	Agesa Hayat ve Emeklilik AS		119,451		202,117
	Akcansa Cimento AS		88,933		210,227
	Aksa Akrilik Kimya Sanayii AS		405,676		1,518,267
#	Aksa Enerji Uretim AS		820,184		1,824,330
	Alarko Carrier Sanayii VE Ticaret AS		898		22,633
#	Alarko Holding AS		456,636		1,575,866
*	Albaraka Turk Katilim Bankasi AS		3,650,381		449,232
#	Alkim Alkali Kimya AS		159,573		334,670
*	Anadolu Anonim Turk Sigorta Sirketi		656,269		334,804
	Anadolu Hayat Emeklilik AS		193,776		156,596
	Aygaz AS		201,864		639,090
*	Bagfas Bandirma Gubre Fabrikalari AS		24,948		48,956
*	Baticim Bati Anadolu Cimento Sanayii AS		4,453		10,599
#	Bera Holding AS		873,946		1,076,360
	Bizim Toptan Satis Magazalari AS		75,491		110,566
*	Borusan Mannesmann Boru Sanayi ve Ticaret AS		88,533		252,651
	Borusan Yatirim ve Pazarlama AS		4,035		161,033
	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		29,848		75,637
	Cimsa Cimento Sanayi VE Ticaret AS		166,702		686,566
	Deva Holding AS		73,348		176,711
	Dogan Sirketler Grubu Holding AS		1,366,655		437,185
*	Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS		491,010		133,227
	Dogus Otomotiv Servis ve Ticaret AS		98,918		651,756
	Eczacibasi Yatirim Holding Ortakligi AS		2,502		12,890
#	EGE Endustri VE Ticaret AS		2,984		529,351
	EGE Gubre Sanayii AS		8,260		34,553
	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		488,985		522,409
	Erbosan Erciyas Boru Sanayii ve Ticaret AS		41,114		364,526
# *	Fenerbahce Futbol AS		90,646		373,296
*	Global Yatirim Holding AS		1,207,616		440,093
* ††	Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari		8,540		0
	Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS		1		6
*	Goodyear Lastikleri TAS		243,750		197,519
*	Gozde Girisim Sermayesi Yatirim Ortakligi AS		647,008		434,407
	GSD Holding AS		515,175		164,029
*	Hektas Ticaret TAS		2,803,027		4,309,757
# *	Ihlas Gayrimenkul Proje Gelistirme Ve Ticaret AS		523,213		27,556
	Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS		357,271		276,990
# *	Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS		243,392		357,649
*	Is Finansal Kiralama AS		878,921		401,447
	Is Yatirim Menkul Degerler AS, Class A		394,002		764,739
*	Izmir Demir Celik Sanayi AS		1,216,377		264,062
	Jantsa Jant Sanayi Ve Ticaret AS		10,787		57,248
*	Karel Elektronik Sanayi ve Ticaret AS		45,535		47,203
# *	Karsan Otomotiv Sanayii Ve Ticaret AS		283,665		136,866
	Kartonsan Karton Sanayi ve Ticaret AS		29,121		145,575
*	Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS		861,950		101,782

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
TURKEY — (Continued)
*	Kerevitas Gida Sanayi ve Ticaret AS		480,207	$	290,384
*	Konya Cimento Sanayii AS		633		81,862
#	Kordsa Teknik Tekstil AS		175,250		604,282
# *	Koza Anadolu Metal Madencilik Isletmeleri AS		526,756		901,826
	Logo Yazilim Sanayi Ve Ticaret AS		211,326		596,784
W	Mavi Giyim Sanayi Ve Ticaret AS, Class B		248,822		1,165,540
*	Migros Ticaret AS		151,462		984,900
#* W	MLP Saglik Hizmetleri AS		311,376		1,089,930
*	Mondi Tire Kutsan Kagit Ve Ambalaj Sanayii AS		16,126		19,813
*	NET Holding AS		569,393		444,252
*	Netas Telekomunikasyon AS		110,964		210,983
	Nuh Cimento Sanayi AS		230,473		1,083,895
# *	ODAS Elektrik Uretim ve Sanayi Ticaret AS		1,185,849		488,185
	Otokar Otomotiv Ve Savunma Sanayi AS		5,944		168,957
*	Oyak Cimento Fabrikalari AS		97,755		88,279
*	Pamukova Yenilenebilir Elektrik Uretim AS		7,282		58,003
*	Parsan Makina Parcalari Sanayii AS		60,935		184,269
	Polisan Holding AS		443,358		233,504
*	Reysas Tasimacilik ve Lojistik Ticaret AS		712,126		437,732
	Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS		1,310,249		1,663,427
# *	Sasa Polyester Sanayi AS		1,429,621		9,207,695
# *	Sekerbank Turk AS		3,368,091		367,523
	Selcuk Ecza Deposu Ticaret ve Sanayi AS		376,098		466,350
	Tat Gida Sanayi AS		237,110		360,842
#	Tekfen Holding AS		547,945		971,642
*	Teknosa Ic Ve Dis Ticaret AS		425,506		426,280
*	Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi TAS		550,748		134,564
*	Tukas Gida Sanayi ve Ticaret AS		60,514		60,944
*	Tumosan Motor ve Traktor Sanayi AS		15,813		63,009
# *	Turcas Petrol AS		410,905		526,013
	Turk Prysmian Kablo ve Sistemleri AS		26,111		43,685
	Turk Traktor ve Ziraat Makineleri AS		7,712		157,649
	Turkiye Sigorta AS		77,586		33,137
*	Turkiye Sinai Kalkinma Bankasi AS		3,513,187		568,387
*	Ulker Biskuvi Sanayi AS		245,708		347,210
	Vestel Beyaz Esya Sanayi ve Ticaret AS		367,190		185,048
#	Vestel Elektronik Sanayi ve Ticaret AS		173,937		431,067
	Yatas Yatak ve Yorgan Sanayi ve Ticaret AS		341,276		371,923
*	Zorlu Enerji Elektrik Uretim AS		1,556,705		395,409
TOTAL TURKEY					47,160,926
UNITED ARAB EMIRATES — (0.9%)
	Abu Dhabi Islamic Bank PJSC		2,965,487		7,672,903
	Abu Dhabi National Insurance Co. PSC		100,246		163,201
	Abu Dhabi Ship Building Co. PJSC		215,465		243,167
	Agthia Group PJSC		786,927		957,127
	Air Arabia PJSC		6,000,755		3,332,903
*	Ajman Bank PJSC		2,477,816		498,312
	Amanat Holdings PJSC		2,892,817		724,842
*	Amlak Finance PJSC		1,757,460		281,048
*	Apex Investment Co. PSC		1,389,179		1,450,804
* ††	Arabtec Holding PJSC		2,783,626		0
	Aramex PJSC		2,367,697		2,341,547
*	Arkan Building Materials Co.		4,432,983		1,858,950
	Dana Gas PJSC		9,668,141		2,475,095
*	Deyaar Development PJSC		3,514,571		469,866
	Dubai Financial Market PJSC		4,059,981		1,561,453
	Dubai Investments PJSC		4,875,961		2,893,592
*	Emaar Development PJSC		2,262,348		2,634,581

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
UNITED ARAB EMIRATES — (Continued)
	Emirates Integrated Telecommunications Co. PJSC		344,855	$	537,970
*	Eshraq Investments PJSC		4,117,235		504,006
*	Gulf Navigation Holding PJSC		1,692,804		196,502
*	Gulf Pharmaceutical Industries PSC		67,736		22,482
	Islamic Arab Insurance Co.		1,416,573		199,851
*	Manazel PJSC		3,465,676		380,310
	National Central Cooling Co. PJSC		58,643		50,821
*	Palms Sports PrJSC		50,999		149,742
*	RAK Properties PJSC		2,768,862		557,481
	Ras Al Khaimah Ceramics		661,361		518,483
*	SHUAA Capital PSC		2,423,689		257,598
*	Union Properties PJSC		4,498,526		315,978
TOTAL UNITED ARAB EMIRATES					33,250,615
TOTAL COMMON STOCKS					3,479,423,022
PREFERRED STOCKS — (0.9%)
BRAZIL — (0.8%)
	Banco ABC Brasil SA		321,270		1,284,956
W	Banco BMG SASeries B		199,949		96,384
	Banco do Estado do Rio Grande do Sul SA Class B		695,061		1,570,296
	Banco Pan SA		508,638		761,160
	Centrais Eletricas Santa CatarinaSeries A		59,700		683,970
	Cia de Saneamento do ParanaSeries A		4,294,927		3,201,136
	Cia de Transmissao de Energia Eletrica Paulista		627,378		2,975,658
	Cia Energetica do Ceara Class A		95,539		787,912
	Cia Ferro Ligas da Bahia - FERBASA		172,100		1,747,487
	Cia Paranaense de Energia		2,481,095		3,554,371
	Eucatex SA Industria e Comercio		196,878		302,625
	Grazziotin SA		12,400		82,723
	Marcopolo SA		1,801,511		1,004,424
	Randon SA Implementos e Participacoes		594,036		1,143,107
	Schulz SA		339,000		321,576
	Taurus Armas SA		172,874		498,324
	Track & Field Co. SA		123,600		306,278
	Unipar Carbocloro SA Class B		265,449		5,487,809
	Usinas Siderurgicas de Minas Gerais SA Usiminas Class A		1,020,521		1,428,393
TOTAL BRAZIL					27,238,589
CHILE — (0.0%)
	Coca-Cola Embonor SA Class B		598,934		634,296
	Embotelladora Andina SA Class B		41,652		72,765
TOTAL CHILE					707,061
COLOMBIA — (0.0%)
	Grupo Aval Acciones y Valores SA		472,331		51,644
PHILIPPINES — (0.0%)
	Cebu Air, Inc., 6.000%		644,939		400,488
THAILAND — (0.1%)
*	U City PLC		49,104,342		1,341,790
TOTAL PREFERRED STOCKS					29,739,572

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

		Shares		Value»
RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*	Fleury SA Rights 11/21/22		143,339	$	36,074
*	Omega Energia SA Rights 11/07/22		70,508		273
TOTAL BRAZIL					36,347
CHINA — (0.0%)
*	Zhong An Group Ltd. Rights 12/31/22		69,488		0
INDIA — (0.0%)
*	Suzlon Energy Ltd. Rights 10/20/22		4,061,699		149,656
INDONESIA — (0.0%)
*	Adhi Karya Persero Tbk PT Rights 11/08/22		10,927,837		3,503
MALAYSIA — (0.0%)
*	Yinson Holdings Bhd Warrants 06/21/25		286,285		26,642
SAUDI ARABIA — (0.0%)
*	Saudi Paper Manufacturing Co. Rights 11/02/22		23,907		115,159
SOUTH KOREA — (0.0%)
*	Icure Pharm, Inc. Rights 12/06/22		4,891		1,889
*	Kolon Global Corp. Rights 12/02/22		573		0
TOTAL SOUTH KOREA					1,889
TAIWAN — (0.0%)
*	Mercuries Life Insurance Co. Ltd. Rights 11/03/22		1,557,433		13,534
*	Zeng Hsing Industrial Co. Ltd. 10/25/22		15,619		8,482
TOTAL TAIWAN					22,016
THAILAND — (0.0%)
*	Aqua W3 Warrants 12/31/24		224,800		591
*	Asian Sea Corp. PCL Rights 09/30/22		115,974		0
*	Master Ad PCL Warrants 09/04/23		970,750		0
*	Pstc W2 Warrants 10/28/23		1,903,573		0
TOTAL THAILAND					591
TOTAL RIGHTS/WARRANTS					355,803
TOTAL INVESTMENT SECURITIES (Cost $3,641,873,380)					3,509,518,397
				Value†
SECURITIES LENDING COLLATERAL — (1.8%)
@ §	The DFA Short Term Investment Fund		5,706,428		65,972,009
TOTAL INVESTMENTS — (100.0%) (Cost $3,707,870,867)				$	3,575,490,406

ADR American Depositary Receipt

GDR Global Depositary Receipt

SA Special Assessment

» Securities that have been fair value factored. See Note B to Financial Statements.

* Non-Income Producing Securities.

# 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).

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

† See Note B to Financial Statements.

@ Security purchased with cash collateral received from Securities on Loan.

§ Affiliated Fund.

As of October 31, 2022, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

Description	Number of Contracts		Expiration Date		Notional Value		Market Value		Unrealized Appreciation (Depreciation)
Long Position Contracts:
E-Mini MSCI Emerging Markets Index		572		12/16/22	$	27,594,377	$	24,412,960	$	(3,181,417	)
Total Futures Contracts					$	27,594,377	$	24,412,960	$	(3,181,417	)

Summary of the Series’ investments as of October 31, 2022, 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
Belgium		—	$	14,557		—	$	14,557
Brazil	$	200,556,578		2,113,301		—		202,669,879
Chile		56,743		22,523,667		—		22,580,410
China		30,708,728		744,535,093	$	7,629,809		782,873,630
Colombia		2,857,262		651,402		—		3,508,664
Greece		47,143		12,823,190		—		12,870,333
Hong Kong		—		603,989		—		603,989
Hungary		—		1,366,524		—		1,366,524
India		328,042		685,825,728		8,454		686,162,224
Indonesia		211,331		83,744,145		454,201		84,409,677
Malaysia		—		58,091,500		1,244		58,092,744
Mexico		105,709,485		6,131,488		18,258		111,859,231
Philippines		—		36,892,926		5,536		36,898,462
Poland		—		32,190,916		—		32,190,916
Qatar		—		31,471,396		—		31,471,396
Saudi Arabia		495,984		138,059,968		—		138,555,952
South Africa		4,776,263		130,916,195		—		135,692,458
South Korea		30,295		400,895,469		1,784,341		402,710,105
Taiwan		499,088		559,929,711		301,708		560,730,507
Thailand		91,364,773		2,379,782		5,268		93,749,823
Turkey		—		47,160,926		—		47,160,926
United Arab Emirates		—		33,250,615		—		33,250,615
Preferred Stocks
Brazil		27,142,205		96,384		—		27,238,589
Chile		—		707,061		—		707,061
Colombia		51,644		—		—		51,644
Philippines		—		400,488		—		400,488
Thailand		1,341,790		—		—		1,341,790
Rights/Warrants
Brazil		—		36,347		—		36,347
India		—		149,656		—		149,656
Indonesia		—		3,503		—		3,503
Malaysia		—		26,642		—		26,642
Saudi Arabia		—		115,159		—		115,159
South Korea		—		1,889		—		1,889
Taiwan		—		22,016		—		22,016
Thailand		—		591		—		591

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Securities Lending Collateral		—		$	65,972,009		—		$	65,972,009
Futures Contracts**	$	(3,181,417	)		—		—			(3,181,417	)
TOTAL	$	462,995,937		$	3,099,104,233	$	10,208,819	^	$	3,572,308,989

** 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.

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of The DFA Investment Trust Company and Shareholders of The U.S. Large Cap Value Series, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series 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 U.S. Large Cap Value Series, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series, and The Emerging Markets Small Cap Series (nine of the series constituting The DFA Investment Trust Company, hereafter collectively referred to as the “Series”) as of October 31, 2022, the related statements of operations for the year ended October 31, 2022, the statements of changes in net assets for each of the two years in the period ended October 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2022 (included in Item 1 of this Form N-CSR) and the schedules of investments (included in Item 6 of this Form N-CSR) as of October 31, 2022 (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, 2022, 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, 2022, and each of the financial highlights for each of the five years in the period ended October 31, 2022 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.

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.

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

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, 2022 by correspondence with the custodians, 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, 2022

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.

The DFA Investment Trust Company

By:	/s/ David P. Butler
	David P. Butler
	Co-Chief Executive Officer
Date: January 4, 2023
By:	/s/ Gerard K. O’Reilly
	Gerard K. O’Reilly
	Co-Chief Executive Officer and
	Chief Investment Officer
Date: January 4, 2023

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:	/s/ David P. Butler
	David P. Butler
	Co-Principal Executive Officer
	The DFA Investment Trust Company
Date: January 4, 2023
By:	/s/ Gerard K. O’Reilly
	Gerard K. O’Reilly
	Co-Principal Executive Officer
	The DFA Investment Trust Company
Date: January 4, 2023

By:	/s/ Jan Miller
	Jan Miller
	Principal Financial Officer
	The DFA Investment Trust Company

Date: January 3, 2023