Dfa Investment Trust NCSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-7436

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: November 1, 2021 – April 30, 2022

ITEM 1.

REPORTS TO STOCKHOLDERS.

LOGO

Semi-Annual Report

Six Months Ended: April 30, 2022 (Unaudited)

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

LOGO

June 2022

Dear Shareholder,

The investment world is constantly evolving. In many ways, investors have benefited from an industry marked by new solutions, advancing technology, and increased personalization. Dimensional has been innovating on behalf of investors since 1981, using financial science to pursue higher expected returns in a flexible, diversified, low-cost manner.

A common thread in Dimensional’s history is the consistent, systematic application of financial theory and empirical research in managing strategies. We seek sensible ideas that we can implement well. In recent years, we have developed strategies in different product structures to give financial professionals more choices in how they integrate Dimensional Investing into client portfolios. In the first half of this year, for example, we broadened our suite of exchange-traded funds, launched a new fixed income mutual fund, and enhanced the investment management capabilities and services we provide clients.

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

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents


	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes		1
DFA Investment Dimensions Group Inc.
Disclosure of Fund Expenses		3
Disclosure of Portfolio Holdings		6
Schedules of Investments/Summary Schedules of Portfolio Holdings
Enhanced U.S. Large Company Portfolio		8
U.S. Large Cap Equity Portfolio		13
U.S. Large Cap Value Portfolio		16
U.S. Targeted Value Portfolio		17
U.S. Small Cap Value Portfolio		21
U.S. Core Equity 1 Portfolio		25
U.S. Core Equity 2 Portfolio		29
U.S. Vector Equity Portfolio		33
U.S. Small Cap Portfolio		37
U.S. Micro Cap Portfolio		41
U.S. High Relative Profitability Portfolio		45
DFA Real Estate Securities Portfolio		48
Statements of Assets and Liabilities		50
Statements of Operations		53
Statements of Changes in Net Assets		56
Financial Highlights		60
Notes to Financial Statements		69
Results of the Shareholder Meeting		89
DFA Investment Dimensions Group Inc.
Consolidated Disclosure of Fund Expenses		90
Consolidated Disclosure of Portfolio Holdings		92
Consolidated Schedule of Investments
DFA Commodity Strategy Portfolio		93
Consolidated Statement of Assets and Liabilities		105
Consolidated Statement of Operations		106
Consolidated Statements of Changes in Net Assets		107
Consolidated Financial Highlights		108
Consolidated Notes to Financial Statements		109
Results of the Shareholder Meeting		123
Dimensional Investment Group Inc.
Disclosure of Fund Expenses		124
Disclosure of Portfolio Holdings		125
Summary Schedule of Portfolio Holdings
U.S. Large Company Portfolio		126
Statement of Assets and Liabilities		129
Statement of Operations		130
Statements of Changes in Net Assets		131
Financial Highlights		132
Notes to Financial Statements		133
Results of the Shareholder Meeting		142
The DFA Investment Trust Company
Disclosure of Fund Expenses		143
Disclosure of Portfolio Holdings		144
Summary Schedule of Portfolio Holdings
The U.S. Large Cap Value Series		145

TABLE OF CONTENTS

CONTINUED


	Page
Statement of Assets and Liabilities		148
Statement of Operations		149
Statements of Changes in Net Assets		150
Financial Highlights		151
Notes to Financial Statements		152
Results of the Shareholder Meeting		160
Voting Proxies on Fund Portfolio Securities		161
Statement Regarding Liquidity Risk Management Program		162
Board Approval of Investment Management Agreements		164

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

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

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
EUR		Euro
NZD		New Zealand Dollars
USD		United States Dollar
NOK		Norwegian Krone


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 April 30, 2022.
~		Security pledged as collateral for Swap Agreements.
«		Security pledged as collateral for Futures Contracts.

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.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED


(B)		Non-Annualized
(C)		Annualized
(D)		Represents the combined ratios for the respective Portfolio and its respective pro-rata share of its Master Fund(s).
(E)		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
		Commencement of Operations.

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 April 30, 2022

EXPENSE TABLES


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Enhanced U.S. Large Company Portfolio
Actual Fund Return	$	1,000.00	$	876.20		0.15	%	$	0.70
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.15	%	$	0.75
U.S. Large Cap Equity Portfolio
Actual Fund Return	$	1,000.00	$	902.30		0.13	%	$	0.61
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.15		0.13	%	$	0.65

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
U.S. Large Cap Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	971.00		0.21	%	$	1.03
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.75		0.21	%	$	1.05
U.S. Targeted Value Portfolio
Actual Fund Return
Class R1 Shares	$	1,000.00	$	964.10		0.41	%	$	2.00
Class R2 Shares	$	1,000.00	$	963.40		0.56	%	$	2.73
Institutional Class Shares	$	1,000.00	$	964.90		0.31	%	$	1.51
Hypothetical 5% Annual Return
Class R1 Shares	$	1,000.00	$	1,022.76		0.41	%	$	2.06
Class R2 Shares	$	1,000.00	$	1,022.02		0.56	%	$	2.81
Institutional Class Shares	$	1,000.00	$	1,023.26		0.31	%	$	1.56
U.S. Small Cap Value Portfolio
Actual Fund Return	$	1,000.00	$	971.50		0.36	%	$	1.76
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.01		0.36	%	$	1.81
U.S. Core Equity 1 Portfolio
Actual Fund Return	$	1,000.00	$	912.70		0.14	%	$	0.66
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.10		0.14	%	$	0.70
U.S. Core Equity 2 Portfolio
Actual Fund Return	$	1,000.00	$	916.50		0.18	%	$	0.86
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.18	%	$	0.90
U.S. Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	929.40		0.28	%	$	1.34
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.41		0.28	%	$	1.40
U.S. Small Cap Portfolio
Actual Fund Return	$	1,000.00	$	893.60		0.30	%	$	1.41
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.31		0.30	%	$	1.51
U.S. Micro Cap Portfolio
Actual Fund Return	$	1,000.00	$	903.20		0.42	%	$	1.98
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.71		0.42	%	$	2.11
U.S. High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	945.10		0.22	%	$	1.06
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.70		0.22	%	$	1.10

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	985.20		0.18	%	$	0.89
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.90		0.18	%	$	0.90

(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 (181), 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).

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 March 29, 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	0.9	%
Communications	1.7	%
Consumer, Cyclical	6.4	%
Consumer, Non-cyclical	5.4	%
Energy	3.5	%
Financial	38.3	%
Foreign Government	22.8	%
Industrial	1.7	%
Supranational	5.9	%
Technology	2.4	%
U.S. Government	10.6	%
Utilities	0.4	%

	100.0	%

DOMESTIC EQUITY PORTFOLIOS


U.S. Large Cap Equity Portfolio
Communication Services	9.0	%
Consumer Discretionary	10.5	%
Consumer Staples	7.3	%
Energy	5.2	%
Financials	11.8	%
Health Care	14.0	%
Industrials	10.5	%
Information Technology	24.9	%
Materials	4.3	%
Real Estate	0.2	%
Utilities	2.3	%

	100.0	%


U.S. Core Equity 1 Portfolio
Communication Services	7.2	%
Consumer Discretionary	11.3	%
Consumer Staples	6.9	%
Energy	5.3	%
Financials	13.6	%
Health Care	12.5	%
Industrials	12.0	%
Information Technology	23.4	%
Materials	4.8	%
Real Estate	0.3	%
Utilities	2.7	%

	100.0	%


U.S. Small Cap Portfolio
Communication Services	2.5	%
Consumer Discretionary	12.9	%
Consumer Staples	4.1	%
Energy	5.1	%
Financials	20.4	%
Health Care	12.1	%
Industrials	20.1	%
Information Technology	12.7	%
Materials	6.3	%
Real Estate	0.6	%
Utilities	3.2	%

	100.0	%


DFA Real Estate Securities Portfolio
Real Estate	100.0	%

	100.0	%


U.S. Targeted Value Portfolio
Communication Services	2.7	%
Consumer Discretionary	12.2	%
Consumer Staples	5.3	%
Energy	9.9	%
Financials	26.4	%
Health Care	4.9	%
Industrials	18.3	%
Information Technology	8.9	%
Materials	9.9	%
Real Estate	1.0	%
Utilities	0.5	%

	100.0	%


U.S. Core Equity 2 Portfolio
Communication Services	6.5	%
Consumer Discretionary	11.2	%
Consumer Staples	6.8	%
Energy	5.0	%
Financials	14.3	%
Health Care	12.2	%
Industrials	13.6	%
Information Technology	23.0	%
Materials	5.1	%
Real Estate	0.4	%
Utilities	1.9	%

	100.0	%


U.S. Micro Cap Portfolio
Communication Services	2.9	%
Consumer Discretionary	11.9	%
Consumer Staples	5.3	%
Energy	7.7	%
Financials	22.0	%
Health Care	11.1	%
Industrials	17.9	%
Information Technology	11.9	%
Materials	5.9	%
Real Estate	1.1	%
Utilities	2.3	%

	100.0	%


U.S. Small Cap Value Portfolio
Communication Services	2.4	%
Consumer Discretionary	13.1	%
Consumer Staples	4.8	%
Energy	11.3	%
Financials	27.3	%
Health Care	4.3	%
Industrials	20.6	%
Information Technology	7.2	%
Materials	7.8	%
Real Estate	0.8	%
Utilities	0.4	%

	100.0	%


U.S. Vector Equity Portfolio
Communication Services	6.2	%
Consumer Discretionary	10.7	%
Consumer Staples	5.3	%
Energy	9.1	%
Financials	21.6	%
Health Care	10.6	%
Industrials	16.4	%
Information Technology	10.8	%
Materials	7.5	%
Real Estate	0.6	%
Utilities	1.2	%

	100.0	%


U.S. High Relative Profitability Portfolio
Communication Services	3.2	%
Consumer Discretionary	16.5	%
Consumer Staples	13.2	%
Energy	1.2	%
Financials	4.7	%
Health Care	12.2	%
Industrials	12.9	%
Information Technology	33.0	%
Materials	3 0	%
Utilities	0.1	%

	100.0	%

ENHANCED U.S. LARGE COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Face Amount^		Value†
		(000)
BONDS — (84.4%)
AUSTRALIA — (1.9%)
Glencore Funding LLC
W 4.125%, 05/30/23			1,000	$	1,006,420
4.125%, 05/30/23			500		503,210
W 4.625%, 04/29/24			1,150		1,163,650
Western Australian Treasury Corp.
2.500%, 07/23/24	AUD		5,000		3,513,093

TOTAL AUSTRALIA					6,186,373

CANADA — (21.2%)
Bank of Nova Scotia
# 0.700%, 04/15/24			3,000		2,851,905
Canadian Government Bond
0.250%, 04/01/24	CAD		6,000		4,464,235
Canadian Natural Resources Ltd.
3.900%, 02/01/25			2,450		2,452,980
National Bank of Canada
2.100%, 02/01/23			3,500		3,484,125
Province of Alberta Canada
3.350%, 11/01/23			3,000		3,027,810
3.100%, 06/01/24	CAD		6,000		4,688,748
Province of Manitoba Canada
3.300%, 06/02/24	CAD		8,000		6,275,702
Province of Ontario Canada
3.500%, 06/02/24	CAD		13,000		10,240,112
Province of Quebec Canada
2.250%, 02/22/24	CAD		13,500		10,412,019
PSP Capital, Inc.
2.090%, 11/22/23	CAD		2,500		1,926,634
Royal Bank of Canada
2.949%, 05/01/23	CAD		2,750		2,138,199
2.333%, 12/05/23	CAD		7,000		5,372,234
Suncor Energy, Inc.
# 2.800%, 05/15/23			2,000		1,993,468
Toronto-Dominion Bank
2.850%, 03/08/24	CAD		14,500		11,120,523

TOTAL CANADA					70,448,694

FRANCE — (6.4%)
BNP Paribas SA
W 2.950%, 05/23/22			500		500,447
W 3.375%, 01/09/25			1,900		1,866,242
BPCE SA
#W 2.375%, 01/14/25			2,265		2,165,378


	Face Amount^		Value†
	(000)
FRANCE — (Continued)
Caisse d’Amortissement de la Dette Sociale
3.375%, 03/20/24		11,000	$	11,115,390
Credit Agricole SA
W 3.875%, 04/15/24		3,300		3,320,420
Societe Generale SA
W 3.875%, 03/28/24		500		498,165
#W 2.625%, 10/16/24		2,000		1,935,898

TOTAL FRANCE				21,401,940

GERMANY — (3.9%)
Bayer U.S. Finance LLC
W 3.375%, 10/08/24		2,500		2,472,294
BMW U.S. Capital LLC
#W 0.750%, 08/12/24		458		433,609
Daimler Finance North America LLC
W 2.550%, 08/15/22		1,750		1,752,598
#W 3.250%, 08/01/24		1,750		1,742,147
Daimler Trucks Finance North America LLC
W 3.500%, 04/07/25		1,871		1,851,078
Deutsche Bank AG
3.950%, 02/27/23		2,350		2,363,717
EMD Finance LLC
W 3.250%, 03/19/25		2,286		2,264,064

TOTAL GERMANY				12,879,507

IRELAND — (0.7%)
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
2.875%, 08/14/24		2,300		2,212,377

ITALY — (1.2%)
Intesa Sanpaolo SpA
W 3.250%, 09/23/24		1,702		1,667,272
Republic of Italy Government International Bond
2.375%, 10/17/24		2,500		2,435,250

TOTAL ITALY				4,102,522

JAPAN — (6.2%)
Aircastle Ltd.
4.125%, 05/01/24		2,600		2,586,375
American Honda Finance Corp.
0.550%, 07/12/24		1,000		944,207

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED


			Face Amount^		Value†
			(000)
JAPAN — (Continued)
#	2.150%,09/10/24			2,250	$	2,196,194
Mitsubishi UFJ Financial Group, Inc.
#	2.665%,07/25/22			1,000		1,002,211
	3.455%,03/02/23			1,000		1,006,646
Mizuho Financial Group, Inc.
	2.601%,09/11/22			3,000		3,007,015
Nissan Motor Acceptance Co. LLC
W	2.600%,09/28/22			320		319,585
#W	3.450%,03/15/23			2,350		2,347,225
Nomura Holdings, Inc.
	2.648%,01/16/25			2,500		2,420,944
Sumitomo Mitsui Financial Group, Inc.
	3.102%,01/17/23			500		501,948
	3.748%,07/19/23			2,000		2,018,188
	2.696%,07/16/24			1,100		1,078,058
Toyota Motor Credit Corp.
	0.750%,07/21/22	EUR		210		221,938
#	0.625%,09/13/24			1,000		943,262

TOTAL JAPAN						20,593,796

NETHERLANDS — (3.2%)
BNG Bank NV
	5.250%,05/20/24	AUD		10,000		7,377,844
Cooperatieve Rabobank UA
W	2.625%,07/22/24			3,500		3,428,937

TOTAL NETHERLANDS						10,806,781

NEW ZEALAND — (3.4%)
New Zealand Government Bond
	0.500%,05/15/24	NZD		18,600		11,349,270

NORWAY — (1.2%)
Kommunalbanken AS
	5.250%,07/15/24	AUD		5,300		3,916,619

SPAIN — (1.1%)
Banco Santander SA
#	2.706%,06/27/24			1,200		1,176,740
Santander Holdings USA, Inc.
	3.400%,01/18/23			1,500		1,504,135
#	3.500%,06/07/24			1,000		993,842

TOTAL SPAIN						3,674,717

SUPRANATIONAL ORGANIZATION OBLIGATIONS — (5.6%)
Inter-American Development Bank
	3.000%,02/21/24			7,000		7,034,401


			Face Amount^		Value†
			(000)
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (Continued)
International Bank for Reconstruction & Development
	2.500%, 01/24/24	NZD		16,000	$	10,094,624
International Finance Corp.
	1.450%, 07/22/24	AUD		2,000		1,365,818

TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS						18,494,843

SWEDEN — (0.5%)
Skandinaviska Enskilda Banken AB
W	0.550%, 09/01/23			1,585		1,532,077

SWITZERLAND — (1.1%)
UBS AG
W	0.700%, 08/09/24			3,750		3,534,889

UNITED KINGDOM — (3.2%)
BAT Capital Corp.
	3.222%, 08/15/24			1,000		986,101
BP Capital Markets PLC
#	3.535%, 11/04/24			1,000		1,002,958
CNH Industrial Capital LLC
	1.950%, 07/02/23			1,094		1,076,978
HSBC Holdings PLC
#	3.600%, 05/25/23			2,450		2,468,236
HSBC USA, Inc.
	3.500%, 06/23/24			1,100		1,100,341
NatWest Markets PLC
#W	2.375%, 05/21/23			2,000		1,979,050
W	0.800%, 08/12/24			1,650		1,544,269
Reckitt Benckiser Treasury Services PLC
#W	2.750%, 06/26/24			658		649,148

TOTAL UNITED KINGDOM						10,807,081

UNITED STATES — (23.6%)
Aetna, Inc.
	2.750%, 11/15/22			221		221,360
Air Lease Corp.
	2.250%, 01/15/23			1,610		1,604,058
Allstate Corp.
#	3.150%, 06/15/23			852		855,114
Ally Financial, Inc.
	3.875%, 05/21/24			484		485,665
Anthem, Inc.
	2.375%, 01/15/25			800		774,648
Aon Corp.
#	2.200%, 11/15/22			3,000		2,994,889

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED


	Face Amount^		Value†
	(000)
UNITED STATES — (Continued)
Ares Capital Corp.
4.200%, 06/10/24		2,500	$	2,501,573
Booking Holdings, Inc.
2.750%, 03/15/23		2,000		2,007,929
Brixmor Operating
Partnership LP
3.850%, 02/01/25		1,800		1,796,498
Bunge Ltd. Finance Corp.
3.000%, 09/25/22		200		200,621
Capital One Financial Corp.
3.200%, 01/30/23		2,000		2,012,414
3.200%, 02/05/25		600		589,678
Cardinal Health, Inc.
# 3.079%, 06/15/24		2,750		2,724,896
Cigna Corp.
# 3.750%, 07/15/23		1,082		1,091,226
eBay, Inc.
2.750%, 01/30/23		2,400		2,402,612
Fidelity National Information Services, Inc.
0.600%, 03/01/24		2,500		2,371,565
General Motors Financial Co., Inc.
3.550%, 07/08/22		837		840,032
Global Payments, Inc.
3.750%, 06/01/23		1,000		1,004,701
4.000%, 06/01/23		1,500		1,511,856
Goldman Sachs Group, Inc.
# 3.200%, 02/23/23		1,500		1,505,281
Goldman Sachs Group, Inc. (The)
# 3.625%, 01/22/23		2,000		2,014,990
Intercontinental Exchange, Inc.
0.700%, 06/15/23		3,500		3,422,335
International Business Machines Corp.
3.000%, 05/15/24		2,700		2,687,038
JPMorgan Chase & Co.
3.625%, 05/13/24		474		477,913
Kinder Morgan Energy Partners LP
3.950%, 09/01/22		707		707,534
Morgan Stanley
3.125%, 01/23/23		3,100		3,112,199
MPLX LP
4.875%, 12/01/24		1,250		1,273,945
Mylan, Inc.
W 3.125%, 01/15/23		2,650		2,650,393
NextEra Energy Capital Holdings, Inc.
# 0.650%, 03/01/23		1,279		1,258,416


		Face Amount^		Value†
		(000)
UNITED STATES — (Continued)
Nuveen Finance LLC
W	4.125%, 11/01/24		2,500	$	2,514,009
Omnicom Group, Inc./Omnicom Capital, Inc.
	3.650%, 11/01/24		1,004		1,005,001
Oracle Corp.
	3.400%, 07/08/24		2,500		2,492,477
Penske Truck Leasing Co. LP / PTL Finance Corp.
#W	2.700%, 11/01/24		778		756,460
Penske Truck Leasing Co. LP/PTL Finance Corp.
W	4.125%, 08/01/23		578		582,044
PNC Financial Services Group, Inc.
#	2.200%, 11/01/24		248		242,518
Ryder System, Inc.
	2.875%, 06/01/22		1,984		1,986,506
Schlumberger Holdings Corp.
#W	3.750%, 05/01/24		400		402,429
Simon Property Group LP
#	2.000%, 09/13/24		3,650		3,537,763
Southwest Airlines Co.
	4.750%, 05/04/23		3,000		3,052,315
Stellantis NV
	5.250%, 04/15/23		1,000		1,016,890
Sysco Corp.
#	2.600%, 06/12/22		500		499,926
Truist Bank
	1.500%, 03/10/25		1,000		948,446
Ventas Realty LP
	3.500%, 02/01/25		400		395,961
Vornado Realty LP
#	3.500%, 01/15/25		2,565		2,535,787
Walgreens Boots Alliance, Inc.
#	3.800%, 11/18/24		2,500		2,513,924
Waste Management, Inc.
	2.400%, 05/15/23		900		896,286
Wells Fargo & Co.
#	3.300%, 09/09/24		3,000		2,989,100
Williams Cos., Inc. (The)
	3.700%, 01/15/23		3,000		3,013,512

TOTAL UNITED STATES					78,482,733

TOTAL BONDS					280,424,219

U.S. TREASURY OBLIGATIONS — (10.0%)
U.S. Treasury Notes
	2.125%, 03/31/24		11,000		10,882,266
	0.375%, 04/15/24		22,000		21,025,468

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED


	Face Amount^		Value†
	(000)
0.250%, 05/15/24		1,500	$	1,426,465

TOTAL U.S. TREASURY OBLIGATIONS				33,334,199

TOTAL INVESTMENT SECURITIES (Cost $330,040,618)				313,758,418


	Shares		Value†
SECURITIES LENDING COLLATERAL — (5.6%)
@§ The DFA Short Term Investment Fund		1,609,302	$	18,614,792

TOTAL INVESTMENTS — (100.0%) (Cost $348,655,974)			$	332,373,210

As of April 30, 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	515,125		NZD	742,104	HSBC Bank		05/02/22	$	36,023
USD	22,598,255		NZD	32,862,484	State Street Bank and Trust		05/03/22		1,382,239
USD	318,488		NZD	492,782	Bank of America Corp.		06/03/22		333
USD	21,225,320		NZD	32,862,484	UBS AG		06/03/22		8,318
USD	235,184		EUR	211,994	State Street Bank and Trust		06/30/22		10,915
USD	17,612,568		AUD	23,399,865	State Street Bank and Trust		07/01/22		1,061,865
USD	62,922,091		CAD	79,282,716	HSBC Bank		07/08/22		1,220,000

Total Appreciation								$	3,719,693
NZD	742,104		USD	479,703	Bank of America Corp.		05/02/22	$	(601	)
NZD	32,862,484		USD	21,228,409	UBS AG		05/03/22		(12,393	)
AUD	236,077		USD	167,768	Citibank, N.A.		07/01/22		(791	)
CAD	5,875,076		USD	4,578,160	Bank of America Corp.		07/08/22		(5,859	)

Total (Depreciation)								$	(19,644	)

Total Appreciation (Depreciation)								$	3,700,049

As of April 30, 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		1,581		06/17/22	$	348,310,446	$	326,278,875	$	(22,031,571	)

Total Futures Contracts					$	348,310,446	$	326,278,875	$	(22,031,571	)

ENHANCED U.S. LARGE COMPANY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of April 30, 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		—		$	6,186,373		—	$	6,186,373
Canada		—			70,448,694		—		70,448,694
France		—			21,401,940		—		21,401,940
Germany		—			12,879,507		—		12,879,507
Ireland		—			2,212,377		—		2,212,377
Italy		—			4,102,522		—		4,102,522
Japan		—			20,593,796		—		20,593,796
Netherlands		—			10,806,781		—		10,806,781
New Zealand		—			11,349,270		—		11,349,270
Norway		—			3,916,619		—		3,916,619
Spain		—			3,674,717		—		3,674,717
Supranational Organization Obligations		—			18,494,843		—		18,494,843
Sweden		—			1,532,077		—		1,532,077
Switzerland		—			3,534,889		—		3,534,889
United Kingdom		—			10,807,081		—		10,807,081
United States		—			78,482,733		—		78,482,733
U.S. Treasury Obligations		—			33,334,199		—		33,334,199
Securities Lending Collateral		—			18,614,792		—		18,614,792
Forward Currency Contracts**		—			3,700,049		—		3,700,049
Futures Contracts**	$	(22,031,571	)		—		—		(22,031,571	)

TOTAL	$	(22,031,571	)	$	336,073,259		—	$	314,041,688

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

See accompanying Notes to Financial Statements.

U.S. LARGE CAP EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.5%)
COMMUNICATION SERVICES — (9.0%)
*	Alphabet, Inc., Class A		13,686	$	31,234,052		1.7	%
*	Alphabet, Inc., Class C		13,266		30,502,912		1.7	%
	Comcast Corp., Class A		212,251		8,439,100		0.5	%
*	Facebook, Inc., Class A		148,464		29,762,578		1.6	%
	Verizon Communications, Inc.		278,414		12,890,568		0.7	%
*	Walt Disney Co.		67,564		7,542,169		0.4	%
	Other Securities				46,430,732		2.4	%

TOTAL COMMUNICATION SERVICES					166,802,111		9.0	%

CONSUMER DISCRETIONARY — (10.4%)
*	Amazon.com, Inc.		17,002		42,260,681		2.3	%
	Home Depot, Inc.		38,363		11,524,245		0.6	%
	McDonald’s Corp.		27,606		6,878,311		0.4	%
	NIKE, Inc., Class B		52,629		6,562,836		0.4	%
	Target Corp.		28,541		6,525,900		0.4	%
*	Tesla, Inc.		26,005		22,644,114		1.2	%
	Other Securities				97,046,676		5.2	%

TOTAL CONSUMER DISCRETIONARY					193,442,763		10.5	%

CONSUMER STAPLES — (7.3%)
	Coca-Cola Co.		197,203		12,741,286		0.7	%
	Costco Wholesale Corp.		22,343		11,880,220		0.6	%
	PepsiCo, Inc.		68,759		11,806,608		0.6	%
	Procter & Gamble Co.		124,570		19,999,713		1.1	%
	Walmart, Inc.		81,268		12,433,191		0.7	%
	Other Securities				65,355,344		3.6	%

TOTAL CONSUMER STAPLES					134,216,362		7.3	%

ENERGY — (5.1%)
	Chevron Corp.		80,890		12,673,036		0.7	%
	Exxon Mobil Corp.		179,640		15,314,310		0.8	%
	Occidental Petroleum Corp.		117,269		6,460,349		0.4	%
	Other Securities				60,444,289		3.2	%

TOTAL ENERGY					94,891,984		5.1	%

FINANCIALS — (11.8%)
	American Express Co.		37,397		6,533,630		0.4	%
	Bank of America Corp.		266,774		9,518,496		0.5	%
*	Berkshire Hathaway, Inc., Class B		68,126		21,993,117		1.2	%
	JPMorgan Chase & Co.		137,573		16,420,713		0.9	%
	Other Securities				163,591,078		8.8	%

TOTAL FINANCIALS					218,057,034		11.8	%

HEALTH CARE — (13.9%)
	Abbott Laboratories		73,648		8,359,048		0.5	%
	AbbVie, Inc.		88,948		13,064,682		0.7	%
	Amgen, Inc.		27,504		6,413,658		0.3	%
	Bristol-Myers Squibb Co.		143,248		10,782,277		0.6	%

U.S. LARGE CAP EQUITY PORTFOLIO

CONTINUED


			Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Danaher Corp.			25,874	$	6,497,738		0.4	%
	Eli Lilly & Co.			40,436		11,812,569		0.6	%
	Johnson & Johnson			130,002		23,460,161		1.3	%
	Merck & Co., Inc.			125,339		11,116,316		0.6	%
	Pfizer, Inc.			275,375		13,512,651		0.7	%
	Thermo Fisher Scientific, Inc.			17,471		9,660,065		0.5	%
	UnitedHealth Group, Inc.			40,972		20,836,311		1.1	%
	Other Securities					122,629,679		6.6	%

TOTAL HEALTH CARE						258,145,155		13.9	%

INDUSTRIALS — (10.4%)
	Union Pacific Corp.			39,963		9,362,931		0.5	%
	United Parcel Service, Inc., Class B			36,686		6,602,746		0.4	%
	Other Securities					177,509,336		9.6	%

TOTAL INDUSTRIALS						193,475,013		10.5	%

INFORMATION TECHNOLOGY — (24.8%)
	Accenture PLC, Class A			37,811		11,356,912		0.6	%
*	Adobe, Inc.			17,791		7,044,346		0.4	%
	Apple, Inc.			603,478		95,138,149		5.1	%
	Broadcom, Inc.			22,385		12,410,020		0.7	%
	Cisco Systems, Inc.			224,036		10,973,283		0.6	%
	Intel Corp.			188,983		8,237,769		0.5	%
	International Business Machines Corp.			55,506		7,338,448		0.4	%
	Mastercard, Inc., Class A			43,849		15,933,850		0.9	%
	Microsoft Corp.			309,356		85,852,477		4.6	%
	NVIDIA Corp.			97,236		18,034,361		1.0	%
	QUALCOMM, Inc.	��		55,647		7,773,329		0.4	%
	Texas Instruments, Inc.			45,602		7,763,741		0.4	%
#	Visa, Inc., Class A			72,469		15,445,318		0.8	%
	Other Securities					156,438,149		8.4	%

TOTAL INFORMATION TECHNOLOGY						459,740,152		24.8	%

MATERIALS — (4.3%)
	Other Securities					79,023,040		4.3	%

REAL ESTATE — (0.2%)
	Other Securities					4,035,762		0.2	%

UTILITIES — (2.3%)
	Other Securities					42,673,594		2.3	%

TOTAL COMMON STOCKS (Cost $993,253,657)						1,844,502,970		99.7	%

TEMPORARY CASH INVESTMENTS — (0.2%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%			4,691,700		4,691,700		0.2	%

U.S. LARGE CAP EQUITY PORTFOLIO

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (0.3%)
@§ The DFA Short Term Investment Fund		472,500	$	5,465,413		0.3	%

TOTAL INVESTMENTS—(100.0%) (Cost $1,003,410,905)			$	1,854,660,083		100.2	%

Summary of the Portfolio’s investments as of April 30, 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	$	166,802,111		—		—	$	166,802,111
Consumer Discretionary		193,442,763		—		—		193,442,763
Consumer Staples		134,216,362		—		—		134,216,362
Energy		94,891,984		—		—		94,891,984
Financials		218,057,034		—		—		218,057,034
Health Care		258,145,155		—		—		258,145,155
Industrials		193,475,013		—		—		193,475,013
Information Technology		459,740,152		—		—		459,740,152
Materials		79,023,040		—		—		79,023,040
Real Estate		4,035,762		—		—		4,035,762
Utilities		42,673,594		—		—		42,673,594
Temporary Cash Investments		4,691,700		—		—		4,691,700
Securities Lending Collateral		—	$	5,465,413		—		5,465,413

TOTAL	$	1,849,194,670	$	5,465,413		—	$	1,854,660,083

See accompanying Notes to Financial Statements.

U.S. LARGE CAP VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company	$	23,839,872,976

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	23,839,872,976

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (94.6%)
COMMUNICATION SERVICES — (2.6%)
	Nexstar Media Group, Inc., Class A		313,260	$	49,626,649		0.4	%
	Other Securities				269,648,007		2.3	%

TOTAL COMMUNICATION SERVICES					319,274,656		2.7	%

CONSUMER DISCRETIONARY — (11.6%)
*	AutoNation, Inc.		651,122		75,471,551		0.6	%
	BorgWarner, Inc.		1,614,338		59,456,069		0.5	%
#	Dick’s Sporting Goods, Inc.		440,319		42,455,558		0.4	%
#	Dillard’s, Inc., Class A		199,991		60,759,266		0.5	%
	Kohl’s Corp.		1,109,248		64,203,274		0.5	%
	Lithia Motors, Inc.		164,120		46,467,296		0.4	%
	Penske Automotive Group, Inc.		522,178		54,734,698		0.5	%
	Toll Brothers, Inc.		1,120,873		51,974,881		0.4	%
	Other Securities				975,928,422		8.3	%

TOTAL CONSUMER DISCRETIONARY					1,431,451,015		12.1	%

CONSUMER STAPLES — (5.0%)
	Bunge Ltd.		781,067		88,354,299		0.8	%
	Ingredion, Inc.		565,002		48,087,320		0.4	%
	Molson Coors Beverage Co., Class B		1,020,932		55,273,258		0.5	%
	Other Securities				426,083,880		3.5	%

TOTAL CONSUMER STAPLES					617,798,757		5.2	%

ENERGY — (9.4%)
#*	CNX Resources Corp.		2,102,655		43,209,560		0.4	%
#	EQT Corp.		1,164,395		46,284,701		0.4	%
*	HF Sinclair Corp.		1,452,267		55,215,191		0.5	%
	Marathon Oil Corp.		4,155,562		103,556,605		0.9	%
	Matador Resources Co.		841,863		41,099,752		0.3	%
#	Murphy Oil Corp.		1,324,500		50,436,960		0.4	%
	PDC Energy, Inc.		844,689		58,908,611		0.5	%
*	Range Resources Corp.		2,314,877		69,307,417		0.6	%
	Other Securities				694,495,624		5.8	%

TOTAL ENERGY					1,162,514,421		9.8	%

FINANCIALS — (25.0%)
	Bank OZK		1,162,675		44,669,973		0.4	%
	Everest Re Group Ltd.		150,430		41,324,625		0.4	%
	First Horizon Corp.		3,817,193		85,428,779		0.7	%
	Invesco Ltd.		3,566,791		65,557,619		0.6	%
	Lincoln National Corp.		683,491		41,111,984		0.4	%
	M&T Bank Corp.		461,278		76,867,366		0.7	%
	Popular, Inc.		811,524		63,290,757		0.5	%
	Unum Group		1,428,073		43,584,788		0.4	%
#	Valley National Bancorp		3,404,855		40,790,163		0.4	%
#	Voya Financial, Inc.		911,052		57,523,823		0.5	%
	Zions Bancorp NA		1,147,132		64,824,429		0.6	%

U.S. TARGETED VALUE PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
FINANCIALS — (Continued)
	Other Securities			$	2,477,112,364		20.6	%

TOTAL FINANCIALS					3,102,086,670		26.2	%

HEALTH CARE — (4.7%)
*	Acadia Healthcare Co., Inc.		731,391		49,646,821		0.4	%
	Other Securities				530,380,934		4.5	%

TOTAL HEALTH CARE					580,027,755		4.9	%

INDUSTRIALS — (17.2%)
	AGCO Corp.		400,470		51,019,878		0.4	%
	AMERCO		96,508		51,678,104		0.4	%
*	Builders FirstSource, Inc.		683,763		42,099,288		0.4	%
	Knight-Swift Transportation Holdings, Inc.		1,216,656		58,265,656		0.5	%
*	WESCO International, Inc.		323,416		39,864,256		0.3	%
	Other Securities				1,894,434,395		16.0	%

TOTAL INDUSTRIALS					2,137,361,577		18.0	%

INFORMATION TECHNOLOGY — (8.4%)
	Amkor Technology, Inc.		2,212,058		41,608,811		0.4	%
*	Arrow Electronics, Inc.		701,840		82,718,862		0.7	%
	Concentrix Corp.		309,665		48,766,044		0.4	%
	Other Securities				873,579,673		7.3	%

TOTAL INFORMATION TECHNOLOGY					1,046,673,390		8.8	%

MATERIALS — (9.3%)
	Alcoa Corp.		1,140,009		77,292,610		0.7	%
	Commercial Metals Co.		998,733		40,948,053		0.4	%
	Huntsman Corp.		1,829,461		61,963,844		0.5	%
	Olin Corp.		1,023,815		58,766,981		0.5	%
	Reliance Steel & Aluminum Co.		529,742		105,021,352		0.9	%
	Steel Dynamics, Inc.		1,207,024		103,502,308		0.9	%
	Westlake Corp.		623,486		78,902,153		0.7	%
	Other Securities				631,832,668		5.2	%

TOTAL MATERIALS					1,158,229,969		9.8	%

REAL ESTATE — (0.9%)
*	Jones Lang LaSalle, Inc.		229,654		50,232,219		0.4	%
	Other Securities				62,402,444		0.5	%

TOTAL REAL ESTATE					112,634,663		0.9	%

UTILITIES — (0.5%)
	Vistra Corp.		1,668,770		41,752,625		0.4	%
	Other Securities				21,482,570		0.1	%

TOTAL UTILITIES					63,235,195		0.5	%

TOTAL COMMON STOCKS					11,731,288,068		98.9	%

PREFERRED STOCKS — (0.1%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				484,564		0.0	%

U.S. TARGETED VALUE PORTFOLIO

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
CONSUMER DISCRETIONARY — (0.0%)
Other Security			$	588,774		0.0	%

INDUSTRIALS — (0.1%)
Other Security				4,984,402		0.1	%

TOTAL PREFERRED STOCKS				6,057,740		0.1	%

TOTAL INVESTMENT SECURITIES (Cost $8,115,789,505)				11,737,345,808

TEMPORARY CASH INVESTMENTS — (1.0%)
State Street Institutional U.S. Government Money Market Fund, 0.290%		123,904,550		123,904,550		1.1	%

SECURITIES LENDING COLLATERAL — (4.3%)
@§ The DFA Short Term Investment Fund		46,491,213		537,763,858		4.5	%

TOTAL INVESTMENTS—(100.0%) (Cost $8,777,444,434)			$	12,399,014,216		104.6	%

As of April 30, 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		528		06/17/22	$	113,510,196	$	108,966,000	$	(4,544,196	)

Total Futures Contracts					$	113,510,196	$	108,966,000	$	(4,544,196	)

Summary of the Portfolio’s investments as of April 30, 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	$	319,193,746		—	$	80,910	$	319,274,656
Consumer Discretionary		1,431,427,352		—		23,663		1,431,451,015
Consumer Staples		617,788,211	$	10,546		—		617,798,757
Energy		1,162,514,421		—		—		1,162,514,421
Financials		3,101,950,697		135,973		—		3,102,086,670
Health Care		574,061,909		—		5,965,846		580,027,755
Industrials		2,137,361,577		—		—		2,137,361,577
Information Technology.		1,046,673,390		—		—		1,046,673,390
Materials		1,158,229,969		—		—		1,158,229,969
Real Estate		112,634,663		—		—		112,634,663
Utilities		63,235,195		—		—		63,235,195
Preferred Stocks
Communication Services		484,564		—		—		484,564
Consumer Discretionary		588,774		—		—		588,774
Industrials		4,984,402		—		—		4,984,402
Temporary Cash Investments		123,904,550		—		—		123,904,550

U.S. TARGETED VALUE PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	537,763,858		—	$	537,763,858
Futures Contracts**	$	(4,544,196	)		—		—		(4,544,196	)

TOTAL	$	11,850,489,224		$	537,910,377	$	6,070,419^	$	12,394,470,020

**	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.

U.S. SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (94.4%)
COMMUNICATION SERVICES — (2.3%)
	Other Securities			$	332,839,054		2.4	%

CONSUMER DISCRETIONARY — (12.3%)
#	Dillard’s, Inc., Class A		315,176		95,753,621		0.7	%
*	Goodyear Tire & Rubber Co.		4,655,406		62,010,008		0.5	%
#	Group 1 Automotive, Inc.		366,994		63,908,335		0.5	%
	Penske Automotive Group, Inc.		931,568		97,646,958		0.7	%
	PVH Corp.		789,165		57,435,429		0.4	%
*	Taylor Morrison Home Corp.		2,837,880		74,324,077		0.5	%
	Other Securities				1,342,257,692		9.6	%

TOTAL CONSUMER DISCRETIONARY					1,793,336,120		12.9	%

CONSUMER STAPLES — (4.5%)
*	Hostess Brands, Inc.		2,975,460		67,513,187		0.5	%
	Seaboard Corp.		16,823		71,077,007		0.5	%
	Other Securities				516,300,776		3.7	%

TOTAL CONSUMER STAPLES					654,890,970		4.7	%

ENERGY — (10.7%)
*	Antero Resources Corp.		3,656,737		128,717,142		0.9	%
*	CNX Resources Corp.		4,881,877		100,322,572		0.7	%
#	Helmerich & Payne, Inc.		1,573,210		72,414,856		0.5	%
*	HF Sinclair Corp.		1,962,156		74,601,171		0.5	%
#	Matador Resources Co.		1,385,059		67,618,580		0.5	%
#	Murphy Oil Corp.		3,134,039		119,344,205		0.9	%
#	PDC Energy, Inc.		1,703,473		118,800,207		0.9	%
	Other Securities				875,314,654		6.3	%

TOTAL ENERGY					1,557,133,387		11.2	%

FINANCIALS — (25.8%)
	American Equity Investment Life Holding Co.		2,442,493		92,130,836		0.7	%
	Associated Banc-Corp.		3,366,293		67,157,545		0.5	%
#	Assured Guaranty Ltd.		1,089,073		60,062,376		0.4	%
	Bank OZK		2,128,247		81,767,250		0.6	%
	First BanCorp.		5,108,536		69,527,175		0.5	%
	FNB Corp.		6,864,649		79,080,756		0.6	%
	Hancock Whitney Corp.		1,362,991		63,747,089		0.5	%
	Navient Corp.		3,685,858		58,568,284		0.4	%
	Nelnet, Inc., Class A		765,019		62,785,109		0.5	%
#	New York Community Bancorp, Inc.		7,340,140		67,822,894		0.5	%
	Old National Bancorp.		5,716,574		86,663,262		0.6	%
#	Popular, Inc.		1,347,670		105,104,783		0.8	%
#	United Bankshares, Inc.		1,873,822		62,323,320		0.5	%
	Unum Group		3,118,080		95,163,802		0.7	%
	Valley National Bancorp.		6,775,747		81,173,449		0.6	%
#	Washington Federal, Inc.		1,927,889		58,665,662		0.4	%
	Webster Financial Corp.		1,193,559		59,666,014		0.4	%
	Wintrust Financial Corp.		650,198		56,775,289		0.4	%

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
FINANCIALS — (Continued)
	Other Securities			$	2,440,125,311		17.4	%

TOTAL FINANCIALS					3,748,310,206		27.0	%

HEALTH CARE — (4.0%)
*	Acadia Healthcare Co., Inc.		1,797,648		122,024,346		0.9	%
#*	Allscripts Healthcare Solutions, Inc.		2,774,616		57,323,567		0.4	%
*	Prestige Consumer Healthcare, Inc.		1,027,701		56,174,137		0.4	%
	Other Securities				353,864,244		2.6	%

TOTAL HEALTH CARE					589,386,294		4.3	%

INDUSTRIALS — (19.4%)
#	ABM Industries, Inc.		1,324,312		63,924,540		0.5	%
#	Air Lease Corp.		2,139,027		86,160,008		0.6	%
#*	Beacon Roofing Supply, Inc.		1,338,710		79,827,277		0.6	%
#	GATX Corp.		785,940		81,258,337		0.6	%
	Triton International Ltd.		1,470,305		89,820,932		0.7	%
*	WESCO International, Inc.		828,286		102,094,532		0.7	%
	Other Securities				2,325,102,827		16.7	%

TOTAL INDUSTRIALS					2,828,188,453		20.4	%

INFORMATION TECHNOLOGY — (6.8%)
#	Amkor Technology, Inc.		5,369,322		100,996,947		0.7	%
	Avnet, Inc.		1,508,535		65,862,638		0.5	%
#*	Insight Enterprises, Inc.		634,944		63,094,385		0.5	%
*	Sanmina Corp.		1,480,147		60,523,211		0.4	%
	Other Securities				693,061,327		5.0	%

TOTAL INFORMATION TECHNOLOGY					983,538,508		7.1	%

MATERIALS — (7.4%)
	Commercial Metals Co.		2,548,479		104,487,639		0.8	%
	Element Solutions, Inc.		5,428,753		111,940,887		0.8	%
	U.S. Steel Corp.		1,946,664		59,353,785		0.4	%
	Other Securities				795,976,489		5.7	%

TOTAL MATERIALS					1,071,758,800		7.7	%

REAL ESTATE — (0.8%)
	Other Securities				110,670,570		0.8	%

UTILITIES — (0.4%)
	Other Securities				59,264,036		0.4	%

TOTAL COMMON STOCKS					13,729,316,398		98.9	%

PREFERRED STOCKS — (0.1%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				368,262		0.0	%

CONSUMER DISCRETIONARY — (0.0%)
	Other Security				6,542,029		0.0	%

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.1%)
Other Security			$	9,027,368		0.1	%

TOTAL PREFERRED STOCKS				15,937,659		0.1	%

TOTAL INVESTMENT SECURITIES (Cost $9,326,706,830)				13,745,254,057

TEMPORARY CASH INVESTMENTS — (0.9%)
State Street Institutional U.S. Government Money Market Fund, 0.290%		131,284,411		131,284,411		0.9	%

SECURITIES LENDING COLLATERAL — (4.6%)
@§ The DFA Short Term Investment Fund		58,256,707		673,855,325		4.9	%

TOTAL INVESTMENTS—(100.0%) (Cost $10,131,797,241)			$	14,550,393,793		104.8	%

As of April 30, 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		609		06/17/22	$	136,416,996	$	125,682,375	$	(10,734,621	)

Total Futures Contracts					$	136,416,996	$	125,682,375	$	(10,734,621	)

Summary of the Portfolio’s investments as of April 30, 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	$	332,769,260		—	$	69,794	$	332,839,054
Consumer Discretionary		1,792,723,878	$	591,846		20,396		1,793,336,120
Consumer Staples		653,550,654		1,340,316		—		654,890,970
Energy		1,557,133,387		—		—		1,557,133,387
Financials		3,747,155,206		1,155,000		—		3,748,310,206
Health Care		585,179,903		—		4,206,391		589,386,294
Industrials		2,828,188,453		—		—		2,828,188,453
Information Technology		983,538,508		—		—		983,538,508
Materials.		1,070,418,920		1,339,880		—		1,071,758,800
Real Estate		110,670,570		—		—		110,670,570
Utilities		59,264,036		—		—		59,264,036
Preferred Stocks
Communication Services		368,262		—		—		368,262
Consumer Discretionary		6,542,029		—		—		6,542,029
Industrials		9,027,368		—		—		9,027,368
Temporary Cash Investments		131,284,411		—		—		131,284,411

U.S. SMALL CAP VALUE PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	673,855,325		—	$	673,855,325
Futures Contracts**	$	(10,734,621	)		—		—		(10,734,621	)

TOTAL	$	13,857,080,224		$	678,282,367	$	4,296,581^	$	14,539,659,172

**	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.

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (97.3%)
COMMUNICATION SERVICES — (7.0%)
*	Alphabet, Inc., Class A		160,600	$	366,519,714		1.2	%
*	Alphabet, Inc., Class C		144,137		331,418,528		1.1	%
	AT&T, Inc.		5,637,292		106,319,327		0.4	%
	Comcast Corp., Class A		3,386,644		134,652,965		0.5	%
*	Facebook, Inc., Class A		1,443,076		289,293,446		1.0	%
	Verizon Communications, Inc.		3,928,608		181,894,550		0.6	%
	Other Securities				694,366,523		2.3	%

TOTAL COMMUNICATION SERVICES					2,104,465,053		7.1	%

CONSUMER DISCRETIONARY — (11.0%)
*	Amazon.com, Inc.		245,859		611,114,506		2.1	%
	Home Depot, Inc.		578,985		173,927,094		0.6	%
	McDonald’s Corp.		398,179		99,210,280		0.4	%
	NIKE, Inc., Class B		800,025		99,763,117		0.4	%
*	Tesla, Inc.		209,330		182,276,191		0.6	%
	Other Securities				2,159,184,804		7.1	%

TOTAL CONSUMER DISCRETIONARY					3,325,475,992		11.2	%

CONSUMER STAPLES — (6.7%)
	Coca-Cola Co.		2,614,699		168,935,702		0.6	%
	Costco Wholesale Corp.		266,821		141,874,062		0.5	%
	PepsiCo, Inc.		1,155,131		198,347,544		0.7	%
	Procter & Gamble Co.		1,579,025		253,512,464		0.9	%
	Walmart, Inc.		985,735		150,807,598		0.5	%
	Other Securities				1,110,865,583		3.6	%

TOTAL CONSUMER STAPLES					2,024,342,953		6.8	%

ENERGY — (5.1%)
	Chevron Corp.		1,292,636		202,517,282		0.7	%
	ConocoPhillips		1,164,407		111,224,157		0.4	%
	Exxon Mobil Corp.		2,846,089		242,629,087		0.8	%
	Other Securities				987,766,231		3.3	%

TOTAL ENERGY					1,544,136,757		5.2	%

FINANCIALS — (13.3%)
	Bank of America Corp.		3,912,477		139,597,179		0.5	%
*	Berkshire Hathaway, Inc., Class B		954,456		308,127,030		1.1	%
	JPMorgan Chase & Co.		2,201,688		262,793,480		0.9	%
	Wells Fargo & Co.		2,169,645		94,661,611		0.3	%
	Other Securities				3,194,713,910		10.7	%

TOTAL FINANCIALS					3,999,893,210		13.5	%

HEALTH CARE — (12.1%)
	Abbott Laboratories		827,295		93,897,982		0.3	%
	AbbVie, Inc.		1,217,399		178,811,565		0.6	%
	Amgen, Inc.		395,045		92,120,544		0.3	%
	Bristol-Myers Squibb Co.		1,399,024		105,304,536		0.4	%
	CVS Health Corp.		1,042,089		100,176,016		0.4	%

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Eli Lilly & Co.		520,601	$	152,083,170		0.5	%
	Johnson & Johnson		1,786,700		322,427,882		1.1	%
	Merck & Co., Inc.		1,532,708		135,935,873		0.5	%
	Pfizer, Inc.		3,028,207		148,594,117		0.5	%
	Thermo Fisher Scientific, Inc.		186,998		103,394,934		0.4	%
	UnitedHealth Group, Inc.		557,641		283,588,331		1.0	%
	Other Securities				1,944,908,897		6.4	%

TOTAL HEALTH CARE					3,661,243,847		12.4	%

INDUSTRIALS — (11.7%)
	Union Pacific Corp.		458,821		107,497,172		0.4	%
	United Parcel Service, Inc., Class B		506,541		91,167,249		0.3	%
	Other Securities				3,327,223,872		11.2	%

TOTAL INDUSTRIALS					3,525,888,293		11.9	%

INFORMATION TECHNOLOGY — (22.8%)
	Accenture PLC, Class A		421,535		126,612,253		0.4	%
*	Adobe, Inc.		257,391		101,913,966		0.4	%
	Apple, Inc.		9,509,639		1,499,194,588		5.1	%
	Broadcom, Inc.		323,073		179,108,440		0.6	%
	Cisco Systems, Inc.		2,518,417		123,352,065		0.4	%
	Intel Corp.		4,067,165		177,287,722		0.6	%
	International Business Machines Corp.		798,816		105,611,463		0.4	%
	Mastercard, Inc., Class A		587,619		213,528,992		0.7	%
	Microsoft Corp.		4,150,122		1,151,741,857		3.9	%
	NVIDIA Corp.		1,138,596		211,175,400		0.7	%
	QUALCOMM, Inc.		829,776		115,911,409		0.4	%
	Texas Instruments, Inc.		750,861		127,834,085		0.4	%
#	Visa, Inc., Class A		999,910		213,110,818		0.7	%
	Other Securities				2,529,517,118		8.5	%

TOTAL INFORMATION TECHNOLOGY					6,875,900,176		23.2	%

MATERIALS — (4.7%)
	Other Securities				1,409,961,315		4.8	%

REAL ESTATE — (0.3%)
	Other Securities				82,394,810		0.3	%

UTILITIES — (2.6%)
	Other Securities				780,821,179		2.6	%

TOTAL COMMON STOCKS					29,334,523,585		99.0	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				421,072		0.0	%

CONSUMER DISCRETIONARY — (0.0%)
	Other Security				904,021		0.0	%

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	1,539,416		0.0	%

TOTAL PREFERRED STOCKS					2,864,509		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $13,290,244,636)					29,337,388,094

TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		284,165,040		284,165,040		1.0	%

SECURITIES LENDING COLLATERAL — (1.8%)
@§	The DFA Short Term Investment Fund		46,889,474		542,370,548		1.8	%

TOTAL INVESTMENTS—(100.0%) (Cost $14,116,736,137)				$	30,163,923,682		101.8	%

As of April 30, 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		1,222		06/17/22	$	259,551,366	$	252,190,250	$	(7,361,116	)

Total Futures Contracts					$	259,551,366	$	252,190,250	$	(7,361,116	)

Summary of the Portfolio’s investments as of April 30, 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	$	2,104,453,975	$	6,817	$	4,261	$	2,104,465,053
Consumer Discretionary		3,325,470,781		—		5,211		3,325,475,992
Consumer Staples		2,024,259,644		83,309		—		2,024,342,953
Energy		1,544,136,757		—		—		1,544,136,757
Financials		3,999,886,585		6,625		—		3,999,893,210
Health Care		3,659,672,267		46,827		1,524,753		3,661,243,847
Industrials		3,525,278,382		609,911		—		3,525,888,293
Information Technology		6,875,900,176		—		—		6,875,900,176
Materials		1,409,961,315		—		—		1,409,961,315
Real Estate		82,358,180		36,630		—		82,394,810
Utilities.		780,821,179		—		—		780,821,179
Preferred Stocks
Communication Services		421,072		—		—		421,072
Consumer Discretionary		904,021		—		—		904,021
Industrials		1,539,416		—		—		1,539,416
Temporary Cash Investments		284,165,040		—		—		284,165,040

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	542,370,548		—	$	542,370,548
Futures Contracts**	$	(7,361,116	)		—		—		(7,361,116	)

TOTAL	$	29,611,867,674		$	543,160,667	$	1,534,225^	$	30,156,562,566

**	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.

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (96.9%)
COMMUNICATION SERVICES — (6.3%)
*	Alphabet, Inc., Class A		120,299	$	274,545,175		0.9	%
*	Alphabet, Inc., Class C		118,065		271,470,396		0.9	%
	AT&T, Inc.		4,477,834		84,451,949		0.3	%
	Comcast Corp., Class A		3,103,081		123,378,501		0.4	%
*	Facebook, Inc., Class A		1,709,076		342,618,466		1.1	%
	Verizon Communications, Inc.		3,894,696		180,324,425		0.6	%
	Other Securities				719,895,888		2.2	%

TOTAL COMMUNICATION SERVICES					1,996,684,800		6.4	%

CONSUMER DISCRETIONARY — (10.9%)
*	Amazon.com, Inc.		223,740		556,134,856		1.8	%
	Home Depot, Inc.		480,080		144,216,032		0.5	%
	NIKE, Inc., Class B		783,135		97,656,934		0.3	%
	Target Corp.		489,359		111,891,935		0.4	%
	Other Securities				2,540,002,513		8.1	%

TOTAL CONSUMER DISCRETIONARY					3,449,902,270		11.1	%

CONSUMER STAPLES — (6.5%)
	Coca-Cola Co.		2,377,278		153,595,932		0.5	%
	Costco Wholesale Corp.		257,234		136,776,462		0.5	%
	PepsiCo, Inc.		1,083,200		185,996,272		0.6	%
	Procter & Gamble Co.		1,651,431		265,137,247		0.9	%
	Walmart, Inc.		1,082,813		165,659,561		0.5	%
	Other Securities				1,169,704,032		3.7	%

TOTAL CONSUMER STAPLES					2,076,869,506		6.7	%

ENERGY — (4.9%)
	Chevron Corp.		1,064,475		166,771,298		0.5	%
	ConocoPhillips		1,162,116		111,005,320		0.4	%
	Exxon Mobil Corp.		2,347,826		200,152,167		0.7	%
	Other Securities				1,071,549,543		3.4	%

TOTAL ENERGY					1,549,478,328		5.0	%

FINANCIALS — (13.8%)
	American Express Co.		617,346		107,856,520		0.4	%
	Bank of America Corp.		3,352,939		119,632,864		0.4	%
*	Berkshire Hathaway, Inc., Class B		840,748		271,418,677		0.9	%
	JPMorgan Chase & Co.		1,979,363		236,256,768		0.8	%
	Other Securities				3,664,510,770		11.6	%

TOTAL FINANCIALS					4,399,675,599		14.1	%

HEALTH CARE — (11.8%)
	AbbVie, Inc.		1,169,550		171,783,504		0.6	%
	Amgen, Inc.		465,289		108,500,742		0.4	%
	Anthem, Inc.		165,540		83,089,492		0.3	%
	Bristol-Myers Squibb Co.		1,487,212		111,942,447		0.4	%
	Eli Lilly & Co.		538,596		157,340,049		0.5	%
	Johnson & Johnson		1,911,882		345,018,226		1.1	%

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Merck & Co., Inc.		1,148,249	$	101,838,204		0.3	%
	Pfizer, Inc.		3,366,832		165,210,446		0.5	%
	Thermo Fisher Scientific, Inc.		217,248		120,120,764		0.4	%
	UnitedHealth Group, Inc.		470,835		239,443,139		0.8	%
	Other Securities				2,150,244,733		6.8	%

TOTAL HEALTH CARE					3,754,531,746		12.1	%

INDUSTRIALS — (13.2%)
	Caterpillar, Inc.		434,771		91,536,686		0.3	%
	Deere & Co.		214,381		80,939,547		0.3	%
	Union Pacific Corp.		574,109		134,507,998		0.4	%
	United Parcel Service, Inc., Class B		446,131		80,294,657		0.3	%
	Other Securities				3,803,744,866		12.2	%

TOTAL INDUSTRIALS					4,191,023,754		13.5	%

INFORMATION TECHNOLOGY — (22.3%)
	Accenture PLC, Class A		449,831		135,111,239		0.4	%
*	Adobe, Inc.		232,818		92,184,287		0.3	%
	Apple, Inc.		10,077,090		1,588,653,238		5.1	%
	Broadcom, Inc.		284,762		157,869,205		0.5	%
	Cisco Systems, Inc.		2,336,010		114,417,770		0.4	%
	Intel Corp.		3,268,769		142,485,641		0.5	%
	International Business Machines Corp.		704,432		93,132,955		0.3	%
	Mastercard, Inc., Class A		587,552		213,504,646		0.7	%
	Microsoft Corp.		4,567,509		1,267,575,098		4.1	%
	NVIDIA Corp.		503,535		93,390,636		0.3	%
	QUALCOMM, Inc.		817,724		114,227,866		0.4	%
	Texas Instruments, Inc.		676,325		115,144,331		0.4	%
#	Visa, Inc., Class A		1,052,889		224,402,233		0.7	%
	Other Securities				2,740,391,256		8.7	%

TOTAL INFORMATION TECHNOLOGY					7,092,490,401		22.8	%

MATERIALS — (5.0%)
	Other Securities.				1,582,473,483		5.1	%

REAL ESTATE — (0.3%)
	Other Securities				110,267,677		0.4	%

UTILITIES — (1.9%)
	Other Securities				593,424,272		1.9	%

TOTAL COMMON STOCKS					30,796,821,836		99.1	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				652,728		0.0	%

CONSUMER DISCRETIONARY — (0.0%)
	Other Security				1,364,383		0.0	%

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	2,100,566		0.0	%

TOTAL PREFERRED STOCKS					4,117,677		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $14,189,682,249)					30,800,939,513

TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		270,682,453		270,682,453		0.9	%

SECURITIES LENDING COLLATERAL — (2.2%)
@§	The DFA Short Term Investment Fund		60,773,307		702,964,838		2.2	%

TOTAL INVESTMENTS—(100.0%) (Cost $15,163,231,111)				$	31,774,586,804		102.2	%

As of April 30, 2022, U.S. Core Equity 2 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		1,292		06/17/22	$	274,421,666	$	266,636,500	$	(7,785,166	)

Total Futures Contracts					$	274,421,666	$	266,636,500	$	(7,785,166	)

Summary of the Portfolio’s investments as of April 30, 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	$	1,996,503,388	$	169,473	$	11,939	$	1,996,684,800
Consumer Discretionary		3,449,894,946		—		7,324		3,449,902,270
Consumer Staples		2,076,757,962		111,544		—		2,076,869,506
Energy		1,549,478,328		—		—		1,549,478,328
Financials		4,399,561,169		114,430		—		4,399,675,599
Health Care		3,752,112,291		44,420		2,375,035		3,754,531,746
Industrials		4,189,690,449		1,333,305		—		4,191,023,754
Information Technology		7,092,489,804		—		597		7,092,490,401
Materials		1,582,473,483		—		—		1,582,473,483
Real Estate		110,157,258		110,419		—		110,267,677
Utilities		593,424,272		—		—		593,424,272
Preferred Stocks
Communication Services		652,728		—		—		652,728
Consumer Discretionary		1,364,383		—		—		1,364,383
Industrials		2,100,566		—		—		2,100,566
Temporary Cash Investments		270,682,453		—		—		270,682,453

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	702,964,838		—	$	702,964,838
Futures Contracts**	$	(7,785,166	)		—		—		(7,785,166	)

TOTAL	$	31,059,558,314		$	704,848,429	$	2,394,895^	$	31,766,801,638

**	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.

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (95.7%)
COMMUNICATION SERVICES — (5.9%)
*	Alphabet, Inc., Class A		10,216	$	23,314,853		0.5	%
*	Alphabet, Inc., Class C		10,629		24,439,579		0.6	%
	AT&T, Inc.		728,166		13,733,211		0.3	%
	Comcast Corp., Class A		414,662		16,486,961		0.4	%
*	Facebook, Inc., Class A		188,733		37,835,305		0.8	%
#*	Liberty Media Corp.-Liberty Formula One, Class C		151,032		9,413,825		0.2	%
	Verizon Communications, Inc.		403,352		18,675,198		0.4	%
	Other Securities				134,527,580		2.9	%

TOTAL COMMUNICATION SERVICES					278,426,512		6.1	%

CONSUMER DISCRETIONARY — (10.2%)
	Penske Automotive Group, Inc.		101,131		10,600,551		0.2	%
	Other Securities				471,260,586		10.4	%

TOTAL CONSUMER DISCRETIONARY					481,861,137		10.6	%

CONSUMER STAPLES — (5.1%)
	Bunge Ltd.		114,831		12,989,683		0.3	%
	Procter & Gamble Co.		90,151		14,473,743		0.3	%
	Tyson Foods, Inc., Class A		113,483		10,572,076		0.2	%
	Walmart, Inc.		66,887		10,233,042		0.2	%
	Other Securities				190,255,624		4.2	%

TOTAL CONSUMER STAPLES					238,524,168		5.2	%

ENERGY — (8.7%)
	Cabot Oil & Gas Corp.		441,905		12,722,445		0.3	%
	Chevron Corp.		174,722		27,373,696		0.6	%
	ConocoPhillips		192,734		18,409,952		0.4	%
	Devon Energy Corp.		333,906		19,423,312		0.4	%
	EOG Resources, Inc.		113,997		13,310,290		0.3	%
	Exxon Mobil Corp.		384,258		32,757,994		0.7	%
	Marathon Petroleum Corp.		137,887		12,032,020		0.3	%
	Occidental Petroleum Corp.		223,445		12,309,585		0.3	%
*	Range Resources Corp.		329,735		9,872,266		0.2	%
	Valero Energy Corp.		96,071		10,709,995		0.2	%
	Other Securities				240,016,473		5.3	%

TOTAL ENERGY					408,938,028		9.0	%

FINANCIALS — (20.7%)
	Allstate Corp.		129,570		16,395,788		0.4	%
	Bank of America Corp.		491,054		17,520,807		0.4	%
*	Berkshire Hathaway, Inc., Class B		110,049		35,527,119		0.8	%
	First Horizon Corp.		432,866		9,687,541		0.2	%
	Goldman Sachs Group, Inc.		30,388		9,283,230		0.2	%
	Hartford Financial Services Group, Inc.		139,081		9,725,934		0.2	%
	JPMorgan Chase & Co.		273,311		32,622,401		0.7	%
	M&T Bank Corp.		67,444		11,238,868		0.3	%
	Morgan Stanley		152,000		12,249,680		0.3	%
	Wells Fargo & Co.		272,077		11,870,720		0.3	%

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
FINANCIALS — (Continued)
	Other Securities			$	807,256,471		17.6	%

TOTAL FINANCIALS					973,378,559		21.4	%

HEALTH CARE — (10.2%)
	Bristol-Myers Squibb Co.		131,075		9,866,015		0.2	%
	CVS Health Corp.		118,113		11,354,203		0.3	%
	Johnson & Johnson		134,528		24,276,923		0.5	%
	Merck & Co., Inc.		111,689		9,905,697		0.2	%
	Pfizer, Inc.		341,124		16,738,955		0.4	%
	Thermo Fisher Scientific, Inc.		17,196		9,508,012		0.2	%
	UnitedHealth Group, Inc.		43,446		22,094,463		0.5	%
	Other Securities				375,121,398		8.2	%

TOTAL HEALTH CARE					478,865,666		10.5	%

INDUSTRIALS — (15.7%)
*	Builders FirstSource, Inc.		198,153		12,200,280		0.3	%
	Raytheon Technologies Corp.		115,471		10,959,353		0.2	%
	Other Securities				716,222,082		15.7	%

TOTAL INDUSTRIALS					739,381,715		16.2	%

INFORMATION TECHNOLOGY — (10.3%)
	Intel Corp.		498,460		21,727,871		0.5	%
	Micron Technology, Inc.		133,994		9,137,051		0.2	%
	Other Securities				454,032,058		10.0	%

TOTAL INFORMATION TECHNOLOGY					484,896,980		10.7	%

MATERIALS — (7.2%)
	Corteva, Inc.		231,705		13,367,061		0.3	%
	Mosaic Co.		145,688		9,093,845		0.2	%
	Nucor Corp.		127,109		19,673,931		0.4	%
	Reliance Steel & Aluminum Co.		62,227		12,336,503		0.3	%
	Steel Dynamics, Inc.		170,812		14,647,129		0.3	%
	Westlake Corp.		72,184		9,134,885		0.2	%
	Other Securities				261,667,038		5.8	%

TOTAL MATERIALS					339,920,392		7.5	%

REAL ESTATE — (0.6%)
	Other Securities				29,334,967		0.6	%

UTILITIES — (1.1%)
	Other Securities				52,423,313		1.2	%

TOTAL COMMON STOCKS					4,505,951,437		99.0	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				406,108		0.0	%

CONSUMER DISCRETIONARY — (0.0%)
	Other Security				391,919		0.0	%

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	840,426		0.0	%

TOTAL PREFERRED STOCKS					1,638,453		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $2,365,770,104)					4,507,589,890

TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government MoneyMarket Fund, 0.290%		42,413,943		42,413,943		1.0	%

SECURITIES LENDING COLLATERAL — (3.4%)
@§	The DFA Short Term Investment Fund		13,854,505		160,255,064		3.5	%

TOTAL INVESTMENTS—(100.0%) (Cost $2,568,405,399)				$	4,710,258,897		103.5	%

As of April 30, 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		175		06/17/22	$	37,169,788	$	36,115,625	$	(1,054,163	)

Total Futures Contracts					$	37,169,788	$	36,115,625	$	(1,054,163	)

Summary of the Portfolio’s investments as of April 30, 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	$	278,392,520	$	29,189	$	4,803	$	278,426,512
Consumer Discretionary		481,820,428		38,430		2,279		481,861,137
Consumer Staples		238,454,362		69,806		—		238,524,168
Energy		408,938,028		—		—		408,938,028
Financials		973,306,430		72,129		—		973,378,559
Health Care		477,122,075		20,686		1,722,905		478,865,666
Industrials		739,057,666		324,049		—		739,381,715
Information Technology		484,896,980		—		—		484,896,980
Materials		339,920,392		—		—		339,920,392
Real Estate		29,334,967		—		—		29,334,967
Utilities		52,423,313		—		—		52,423,313
Preferred Stocks
Communication Services		406,108		—		—		406,108
Consumer Discretionary		391,919		—		—		391,919
Industrials		840,426		—		—		840,426
Temporary Cash Investments		42,413,943		—		—		42,413,943

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	160,255,064		—	$	160,255,064
Futures Contracts**	$	(1,054,163	)		—		—		(1,054,163	)

TOTAL	$	4,546,665,394		$	160,809,353	$	1,729,987^	$	4,709,204,734

**	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.

U.S. SMALL CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (92.2%)
COMMUNICATION SERVICES — (2.3%)
#	Nexstar Media Group, Inc., Class A		289,770	$	45,905,363		0.3	%
	Other Securities				296,883,772		2.2	%

TOTAL COMMUNICATION SERVICES					342,789,135		2.5	%

CONSUMER DISCRETIONARY — (11.9%)
#*	Helen of Troy Ltd.		181,843		39,007,142		0.3	%
	Murphy USA, Inc.		187,244		43,740,198		0.3	%
#	Penske Automotive Group, Inc.		459,396		48,153,889		0.4	%
	Other Securities				1,632,380,795		11.7	%

TOTAL CONSUMER DISCRETIONARY					1,763,282,024		12.7	%

CONSUMER STAPLES — (3.8%)
*	BJ’s Wholesale Club Holdings, Inc.		580,667		37,365,921		0.3	%
	Other Securities				521,061,746		3.7	%

TOTAL CONSUMER STAPLES					558,427,667		4.0	%

ENERGY — (4.7%)
*	Antero Resources Corp.		1,451,923		51,107,690		0.4	%
#	Matador Resources Co.		837,983		40,910,330		0.3	%
#	PDC Energy, Inc.		695,473		48,502,287		0.4	%
*	Range Resources Corp.		1,855,392		55,550,436		0.4	%
	Other Securities				507,773,864		3.6	%

TOTAL ENERGY					703,844,607		5.1	%

FINANCIALS — (18.8%)
	Glacier Bancorp, Inc.		783,244		35,841,245		0.3	%
#	RLI Corp.		312,890		35,913,514		0.3	%
#	Selective Insurance Group, Inc.		438,122		36,083,728		0.3	%
	South State Corp.		477,752		36,997,115		0.3	%
#	Valley National Bancorp		2,890,816		34,631,976		0.3	%
	Walker & Dunlop, Inc.		288,718		34,576,868		0.3	%
	Webster Financial Corp.		708,767		35,431,262		0.3	%
	Other Securities				2,553,731,747		18.1	%

TOTAL FINANCIALS					2,803,207,455		20.2	%

HEALTH CARE — (11.1%)
*	Acadia Healthcare Co., Inc.		646,311		43,871,591		0.3	%
#*	AMN Healthcare Services, Inc.		409,106		39,990,112		0.3	%
	Ensign Group, Inc.		459,736		36,930,593		0.3	%
#*	Omnicell, Inc.		358,795		39,169,650		0.3	%
*	Tenet Healthcare Corp.		623,478		45,208,390		0.3	%
	Other Securities				1,450,182,209		10.4	%

TOTAL HEALTH CARE					1,655,352,545		11.9	%

INDUSTRIALS — (18.5%)
#*	ASGN, Inc.		383,666		43,526,908		0.3	%
*	Casella Waste Systems, Inc., Class A		415,573		34,176,724		0.3	%

U.S. SMALL CAP PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
#*	Chart Industries, Inc.		257,176	$	43,416,452		0.3	%
*	Clean Harbors, Inc.		368,946		38,713,504		0.3	%
	Exponent, Inc.		422,177		40,448,778		0.3	%
#*	FTI Consulting, Inc.		254,090		40,072,534		0.3	%
#	KBR, Inc.		768,073		37,812,234		0.3	%
	Regal Rexnord Corp.		369,133		46,968,483		0.3	%
*	Saia, Inc.		198,107		40,802,118		0.3	%
	Simpson Manufacturing Co., Inc.		344,633		35,728,103		0.3	%
#	Tetra Tech, Inc.		289,234		40,284,512		0.3	%
*	TriNet Group, Inc.		389,730		34,569,051		0.3	%
	UFP Industries, Inc.		457,323		35,383,081		0.3	%
	Valmont Industries, Inc.		151,578		37,714,122		0.3	%
#*	WESCO International, Inc.		400,411		49,354,660		0.4	%
	Other Securities				2,151,477,029		15.2	%

TOTAL INDUSTRIALS					2,750,448,293		19.8	%

INFORMATION TECHNOLOGY — (11.8%)
#	Amkor Technology, Inc.		1,892,325		35,594,633		0.3	%
	CMC Materials, Inc.		215,390		38,535,425		0.3	%
#*	ExlService Holdings, Inc.		267,223		36,382,412		0.3	%
*	Lattice Semiconductor Corp.		718,184		34,501,559		0.3	%
	Power Integrations, Inc.		433,937		34,714,960		0.3	%
#*	Qualys, Inc.		271,023		36,935,014		0.3	%
*	Rogers Corp.		125,982		34,105,847		0.3	%
*	Synaptics, Inc.		264,687		39,290,138		0.3	%
	Other Securities				1,459,393,078		10.2	%

TOTAL INFORMATION TECHNOLOGY					1,749,453,066		12.6	%

MATERIALS — (5.8%)
	Commercial Metals Co.		840,801		34,472,841		0.3	%
	Element Solutions, Inc.		1,771,575		36,529,876		0.3	%
	Louisiana-Pacific Corp.		656,284		42,343,444		0.3	%
	Olin Corp.		716,111		41,104,771		0.3	%
	Valvoline, Inc.		1,130,165		34,164,888		0.3	%
	Other Securities				677,946,770		4.8	%

TOTAL MATERIALS					866,562,590		6.3	%

REAL ESTATE — (0.6%)
	Other Securities				88,092,347		0.6	%

UTILITIES — (2.9%)
	Other Securities				435,599,891		3.2	%

TOTAL COMMON STOCKS					13,717,059,620		98.9	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				1,064,772		0.0	%

CONSUMER DISCRETIONARY — (0.0%)
	Other Security				716,535		0.0	%

U.S. SMALL CAP PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	4,402,924		0.0	%

TOTAL PREFERRED STOCKS					6,184,231		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $7,977,883,942)					13,723,243,851

TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		139,638,227		139,638,227		1.0	%

SECURITIES LENDING COLLATERAL — (6.9%)
@§	The DFA Short Term Investment Fund		87,987,859		1,017,755,565		7.3	%

TOTAL INVESTMENTS—(100.0%) (Cost $9,135,223,320)				$	14,880,637,642		107.2	%

As of April 30, 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		657		06/17/22	$	140,229,035	$	135,588,375	$	(4,640,660	)

Total Futures Contracts					$	140,229,035	$	135,588,375	$	(4,640,660	)

Summary of the Portfolio’s investments as of April 30, 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	$	342,691,614	$	60,603	$	36,918	$	342,789,135
Consumer Discretionary		1,763,249,783		—		32,241		1,763,282,024
Consumer Staples		558,271,762		155,905		—		558,427,667
Energy		703,844,607		—		—		703,844,607
Financials		2,802,981,380		226,075		—		2,803,207,455
Health Care		1,647,161,757		139,599		8,051,189		1,655,352,545
Industrials		2,750,448,293		—		—		2,750,448,293
Information Technology		1,749,441,055		—		12,011		1,749,453,066
Materials		866,562,590		—		—		866,562,590
Real Estate		88,084,207		8,140		—		88,092,347
Utilities		435,599,891		—		—		435,599,891
Preferred Stocks
Communication Services		1,064,772		—		—		1,064,772
Consumer Discretionary		716,535		—		—		716,535
Industrials		4,402,924		—		—		4,402,924
Temporary Cash Investments		139,638,227		—		—		139,638,227

U.S. SMALL CAP PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	1,017,755,565		—	$	1,017,755,565
Futures Contracts**	$	(4,640,660	)		—		—		(4,640,660	)

TOTAL	$	13,849,518,737		$	1,018,345,887	$	8,132,359^	$	14,875,996,983

**	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.

U.S. MICRO CAP PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (91.5%)
COMMUNICATION SERVICES — (2.7%)
	Other Securities			$	186,202,910		2.9	%

CONSUMER DISCRETIONARY — (10.9%)
*	Boot Barn Holdings, Inc.		208,553		18,782,283		0.3	%
*	Cavco Industries, Inc.		67,389		15,920,651		0.3	%
	Group 1 Automotive, Inc.		109,460		19,061,364		0.3	%
*	Vista Outdoor, Inc.		499,839		17,609,328		0.3	%
	Other Securities				684,157,749		10.6	%

TOTAL CONSUMER DISCRETIONARY					755,531,375		11.8	%

CONSUMER STAPLES — (4.8%)
	Coca-Cola Consolidated, Inc.		40,263		17,776,115		0.3	%
#	Inter Parfums, Inc.		227,178		18,567,258		0.3	%
#	Weis Markets, Inc.		196,657		15,708,961		0.2	%
	Other Securities				281,838,458		4.4	%

TOTAL CONSUMER STAPLES					333,890,792		5.2	%

ENERGY — (7.0%)
#*	CNX Resources Corp.		1,229,443		25,265,054		0.4	%
	Matador Resources Co.		468,288		22,861,820		0.4	%
	Murphy Oil Corp.		474,245		18,059,250		0.3	%
	Patterson-UTI Energy, Inc.		1,031,747		16,961,921		0.3	%
	SM Energy Co.		554,197		19,690,619		0.3	%
	Other Securities				386,184,276		5.9	%

TOTAL ENERGY					489,022,940		7.6	%

FINANCIALS — (20.2%)
#	BancFirst Corp.		239,834		19,606,429		0.3	%
#	First BanCorp.		1,576,127		21,451,088		0.3	%
#	Independent Bank Corp.		218,444		16,855,139		0.3	%
	ServisFirst Bancshares, Inc.		201,449		16,180,384		0.3	%
	Walker & Dunlop, Inc.		186,147		22,292,965		0.4	%
	WSFS Financial Corp.		473,204		18,961,284		0.3	%
	Other Securities				1,284,579,995		20.0	%

TOTAL FINANCIALS					1,399,927,284		21.9	%

HEALTH CARE — (10.2%)
#*	Allscripts Healthcare Solutions, Inc.		1,011,644		20,900,565		0.3	%
*	CorVel Corp.		184,423		28,600,319		0.5	%
*	Lantheus Holdings, Inc.		305,585		20,293,900		0.3	%
#	Owens & Minor, Inc.		523,124		18,565,671		0.3	%
*	Prestige Consumer Healthcare, Inc.		310,082		16,949,082		0.3	%
	Other Securities				603,123,860		9.4	%

TOTAL HEALTH CARE					708,433,397		11.1	%

INDUSTRIALS — (16.4%)
	Albany International Corp., Class A		210,236		16,444,660		0.3	%
*	Beacon Roofing Supply, Inc.		263,987		15,741,545		0.3	%

U.S. MICRO CAP PORTFOLIO

CONTINUED


						Percentage
		Shares		Value†		of Net Assets‡
INDUSTRIALS — (Continued)
	Boise Cascade Co.		282,825	$	21,375,913		0.3	%
*	Casella Waste Systems, Inc., Class A		215,645		17,734,645		0.3	%
*	CBIZ, Inc.		406,188		17,015,215		0.3	%
	Comfort Systems USA, Inc.		256,609		21,662,932		0.3	%
	Encore Wire Corp.		157,161		17,729,332		0.3	%
	Forward Air Corp.		197,864		19,186,872		0.3	%
	Helios Technologies, Inc.		244,713		16,439,819		0.3	%
	Matson, Inc.		225,848		19,427,445		0.3	%
*	Meritor, Inc.		526,014		18,889,163		0.3	%
*	Veritiv Corp.		173,696		24,411,236		0.4	%
	Other Securities				909,910,069		14.1	%

TOTAL INDUSTRIALS					1,135,968,846		17.8	%

INFORMATION TECHNOLOGY — (10.8%)
	Badger Meter, Inc.		199,391		16,088,860		0.3	%
*	ExlService Holdings, Inc.		128,389		17,480,162		0.3	%
*	Fabrinet		161,959		15,902,754		0.3	%
*	FormFactor, Inc.		477,470		18,196,382		0.3	%
#*	Insight Enterprises, Inc.		195,134		19,390,466		0.3	%
#	Kulicke & Soffa Industries, Inc.		371,220		17,228,320		0.3	%
#*	Perficient, Inc.		166,370		16,538,842		0.3	%
*	Plexus Corp.		205,049		16,637,676		0.3	%
#*	Rambus, Inc.		760,449		18,942,785		0.3	%
*	Rogers Corp.		77,667		21,026,010		0.3	%
	Other Securities				576,085,650		8.8	%

TOTAL INFORMATION TECHNOLOGY					753,517,907		11.8	%

MATERIALS — (5.4%)
	Innospec, Inc.		180,162		17,171,240		0.3	%
	Stepan Co.		166,116		16,962,105		0.3	%
	Other Securities				340,990,147		5.3	%

TOTAL MATERIALS					375,123,492		5.9	%

REAL ESTATE — (1.0%)
#	St. Joe Co.		421,390		22,422,162		0.4	%
	Other Securities				50,464,016		0.7	%

TOTAL REAL ESTATE					72,886,178		1.1	%

UTILITIES — (2.1%)
	Otter Tail Corp.		297,207		17,226,118		0.3	%
	Other Securities				129,594,064		2.0	%

TOTAL UTILITIES					146,820,182		2.3	%

TOTAL COMMON STOCKS					6,357,325,303		99.4	%
PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Security				512,434		0.0	%

ENERGY — (0.0%)
	Other Security				22,777		0.0	%

U.S. MICRO CAP PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Security			$	1,585,210		0.0	%

TOTAL PREFERRED STOCKS					2,120,421		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,932,603,946)					6,359,445,724

TEMPORARY CASH INVESTMENTS — (0.5%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		34,242,812		34,242,812		0.5	%

SECURITIES LENDING COLLATERAL — (8.0%)
@§	The DFA Short Term Investment Fund		47,790,991		552,798,392		8.7	%

TOTAL INVESTMENTS—(100.0%) (Cost $4,519,587,484)				$	6,946,486,928		108.6	%

As of April 30, 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		154		06/17/22	$	34,220,404	$	31,781,750	$	(2,438,654	)

Total Futures Contracts					$	34,220,404	$	31,781,750	$	(2,438,654	)

Summary of the Portfolio’s investments as of April 30, 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	$	185,949,342	$	253,568		—	$	186,202,910
Consumer Discretionary		755,289,015		216,916	$	25,444		755,531,375
Consumer Staples		333,270,296		620,496		—		333,890,792
Energy		489,022,940		—		—		489,022,940
Financials		1,399,252,367		674,917		—		1,399,927,284
Health Care		704,890,948		50,061		3,492,388		708,433,397
Industrials		1,135,968,846		—		—		1,135,968,846
Information Technology		753,512,936		—		4,971		753,517,907
Materials		375,123,492		—		—		375,123,492
Real Estate		72,776,288		109,890		—		72,886,178
Utilities		146,820,182		—		—		146,820,182
Preferred Stocks
Communication Services		512,434		—		—		512,434
Energy		22,777		—		—		22,777
Industrials		1,585,210		—		—		1,585,210
Temporary Cash Investments		34,242,812		—		—		34,242,812

U.S. MICRO CAP PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	552,798,392		—	$	552,798,392
Futures Contracts**	$	(2,438,654	)		—		—		(2,438,654	)

TOTAL	$	6,385,801,231		$	554,724,240	$	3,522,803^	$	6,944,048,274

**	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.

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.3%)
COMMUNICATION SERVICES — (3.2%)
	Verizon Communications, Inc.		2,648,296	$	122,616,105		2.3	%
	Other Securities				43,750,359		0.9	%

TOTAL COMMUNICATION SERVICES					166,366,464		3.2	%

CONSUMER DISCRETIONARY — (16.4%)
*	Amazon.com, Inc.		76,111		189,183,785		3.6	%
	Home Depot, Inc.		481,459		144,630,284		2.7	%
	Lowe’s Cos., Inc.		318,826		63,041,465		1.2	%
*	Marriott International, Inc., Class A		211,117		37,477,490		0.7	%
	NIKE, Inc., Class B		575,931		71,818,596		1.4	%
	Ross Stores, Inc.		382,448		38,156,837		0.7	%
	Target Corp.		303,381		69,368,066		1.3	%
	TJX Cos., Inc.		614,529		37,658,337		0.7	%
	Other Securities				208,640,732		4.1	%

TOTAL CONSUMER DISCRETIONARY					859,975,592		16.4	%

CONSUMER STAPLES — (13.1%)
	Altria Group, Inc.		940,393		52,257,639		1.0	%
	Coca-Cola Co.		1,449,059		93,623,702		1.8	%
	Costco Wholesale Corp.		235,203		125,062,139		2.4	%
	Kroger Co.		743,305		40,108,738		0.8	%
	PepsiCo, Inc.		834,420		143,278,258		2.7	%
	Procter & Gamble Co.		569,800		91,481,390		1.7	%
	Sysco Corp.		440,209		37,629,065		0.7	%
	Other Securities				107,154,137		2.0	%

TOTAL CONSUMER STAPLES					690,595,068		13.1	%

ENERGY — (1.2%)
	Occidental Petroleum Corp.		1,054,159		58,073,619		1.1	%
	Other Security				5,164,311		0.1	%

TOTAL ENERGY					63,237,930		1.2	%

FINANCIALS — (4.7%)
	American Express Co.		367,569		64,217,980		1.2	%
	Aon PLC, Class A		153,324		44,155,779		0.9	%
	Other Securities				136,718,760		2.6	%

TOTAL FINANCIALS					245,092,519		4.7	%

HEALTH CARE — (12.1%)
	AbbVie, Inc.		1,081,847		158,901,687		3.0	%
	Amgen, Inc.		324,244		75,610,458		1.4	%
	Eli Lilly & Co.		410,332		119,870,287		2.3	%
	Gilead Sciences, Inc.		705,383		41,857,427		0.8	%
	Zoetis, Inc.		201,953		35,796,169		0.7	%
	Other Securities				204,201,044		3.9	%

TOTAL HEALTH CARE					636,237,072		12.1	%

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value†		of Net Assets‡
INDUSTRIALS — (12.8%)
	3M Co.		338,651	$	48,840,247		0.9	%
	Caterpillar, Inc.		292,468		61,576,213		1.2	%
	Cintas Corp.		88,706		35,239,346		0.7	%
	Deere & Co.		169,441		63,972,450		1.2	%
	Lockheed Martin Corp.		143,669		62,082,248		1.2	%
	Union Pacific Corp.		417,442		97,802,486		1.9	%
	United Parcel Service, Inc., Class B		394,779		71,052,324		1.4	%
	Waste Management, Inc.		218,335		35,903,007		0.7	%
	Other Securities				193,317,485		3.5	%

TOTAL INDUSTRIALS					669,785,806		12.7	%

INFORMATION TECHNOLOGY — (32.7%)
	Accenture PLC, Class A		365,721		109,847,960		2.1	%
	Apple, Inc.		1,641,240		258,741,486		4.9	%
	Applied Materials, Inc.		565,423		62,394,428		1.2	%
	Automatic Data Processing, Inc.		232,781		50,788,159		1.0	%
	Broadcom, Inc.		285,810		158,450,206		3.0	%
	International Business Machines Corp.		569,673		75,316,467		1.4	%
	KLA Corp.		140,050		44,712,363		0.9	%
	Lam Research Corp.		72,492		33,763,874		0.7	%
	Mastercard, Inc., Class A		400,104		145,389,792		2.8	%
	Microsoft Corp.		927,148		257,302,113		4.9	%
	Oracle Corp.		1,054,524		77,402,062		1.5	%
	Paychex, Inc.		364,844		46,236,680		0.9	%
	QUALCOMM, Inc.		560,047		78,232,965		1.5	%
	Texas Instruments, Inc.		567,893		96,683,783		1.8	%
	Visa, Inc., Class A		191,663		40,849,135		0.8	%
	Other Securities				182,650,251		3.3	%

TOTAL INFORMATION TECHNOLOGY					1,718,761,724		32.7	%

MATERIALS — (3.0%)
	LyondellBasell Industries NV, Class A		311,555		33,034,177		0.6	%
	Nucor Corp.		249,069		38,550,900		0.7	%
	Other Securities				84,863,209		1.7	%

TOTAL MATERIALS					156,448,286		3.0	%

UTILITIES — (0.1%)
	Other Security				5,938,434		0.1	%

TOTAL COMMON STOCKS (Cost $4,055,419,850)					5,212,438,895		99.2	%

TEMPORARY CASH INVESTMENTS — (0.7%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		38,953,029		38,953,029		0.7	%

SECURITIES LENDING COLLATERAL — (0.0%)
@§	The DFA Short Term Investment Fund		13,275		153,555		0.0	%

TOTAL INVESTMENTS—(100.0%) (Cost $4,094,526,434)				$	5,251,545,479		99.9	%

U.S. HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

As of April 30, 2022, U.S. High Relative Profitability Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^®Emini Index

178

06/17/22

37,807,890

36,734,750

(1,073,140

)

Total Futures Contracts

37,807,890

36,734,750

(1,073,140

)

Summary of the Portfolio’s investments as of April 30, 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	$	166,366,464			—		—	$	166,366,464
Consumer Discretionary		859,975,592			—		—		859,975,592
Consumer Staples		690,595,068			—		—		690,595,068
Energy		63,237,930			—		—		63,237,930
Financials		245,092,519			—		—		245,092,519
Health Care		636,237,072			—		—		636,237,072
Industrials		669,785,806			—		—		669,785,806
Information Technology		1,718,761,724			—		—		1,718,761,724
Materials		156,448,286			—		—		156,448,286
Utilities		5,938,434			—		—		5,938,434
Temporary Cash Investments		38,953,029			—		—		38,953,029
Securities Lending Collateral		—		$	153,555		—		153,555
Futures Contracts**		(1,073,140	)		—		—		(1,073,140	)

TOTAL	$	5,250,318,784		$	153,555		—	$	5,250,472,339

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

See accompanying Notes to Financial Statements.

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


						Percentage
		Shares		Value†		of Net Assets‡
COMMON STOCKS — (97.9%)
REAL ESTATE — (97.9%)
	Alexandria Real Estate Equities, Inc.		1,103,284	$	200,974,213		2.0	%
	American Campus Communities, Inc.		999,383		64,630,099		0.6	%
#	American Homes 4 Rent, Class A		2,213,649		87,682,637		0.9	%
	American Tower Corp.		3,285,213		791,802,037		7.8	%
	Apartment Income REIT Corp.		1,128,862		55,506,145		0.5	%
	AvalonBay Communities, Inc.		1,006,363		228,927,455		2.2	%
	Boston Properties, Inc.		1,062,174		124,911,662		1.2	%
	Brixmor Property Group, Inc.		2,123,100		53,884,278		0.5	%
	Camden Property Trust		743,031		116,574,134		1.1	%
	Crown Castle International Corp.		3,120,317		577,913,912		5.7	%
	CubeSmart		1,568,946		74,540,624		0.7	%
	Digital Realty Trust, Inc.		2,034,164		297,232,044		2.9	%
	Duke Realty Corp.		2,752,778		150,714,596		1.5	%
	EastGroup Properties, Inc.		294,227		55,167,563		0.5	%
	Equinix, Inc.		641,920		461,591,834		4.5	%
	Equity LifeStyle Properties, Inc.		1,257,692		97,194,438		1.0	%
	Equity Residential		2,561,927		208,797,051		2.0	%
	Essex Property Trust, Inc.		469,841		154,704,546		1.5	%
	Extra Space Storage, Inc.		954,714		181,395,660		1.8	%
	Federal Realty Investment Trust		531,621		62,231,554		0.6	%
	First Industrial Realty Trust, Inc.		939,366		54,483,228		0.5	%
	Gaming & Leisure Properties, Inc.		1,676,907		74,421,133		0.7	%
	Healthcare Trust of America, Inc., Class A		1,622,179		49,411,572		0.5	%
	Healthpeak Properties, Inc.		3,836,023		125,859,915		1.2	%
	Host Hotels & Resorts, Inc.		5,121,973		104,232,151		1.0	%
	Invitation Homes, Inc.		4,378,644		174,357,604		1.7	%
#	Iron Mountain, Inc.		2,065,977		111,004,944		1.1	%
	Kilroy Realty Corp.		748,782		52,414,740		0.5	%
	Kimco Realty Corp.		4,301,066		108,946,002		1.1	%
	Lamar Advertising Co., Class A		627,845		69,320,366		0.7	%
	Life Storage, Inc.		602,415		79,813,963		0.8	%
#	Medical Properties Trust, Inc.		4,284,031		78,783,330		0.8	%
	Mid-America Apartment Communities, Inc.		829,754		163,196,017		1.6	%
	National Retail Properties, Inc.		1,258,773		55,184,608		0.5	%
	Prologis, Inc.		5,313,282		851,665,972		8.3	%
	Public Storage		1,129,551		419,628,197		4.1	%
	Realty Income Corp.		4,279,712		296,840,824		2.9	%
	Regency Centers Corp.		1,102,818		75,906,963		0.7	%
	Rexford Industrial Realty, Inc.		1,110,009		86,625,102		0.9	%
	SBA Communications Corp.		772,887		268,276,807		2.6	%
	Simon Property Group, Inc.		2,349,646		277,258,228		2.7	%
	STAG Industrial, Inc.		1,240,314		46,288,518		0.5	%
	STORE Capital Corp.		1,762,800		50,116,404		0.5	%
	Sun Communities, Inc.		840,791		147,617,676		1.4	%
	UDR, Inc.		2,271,014		120,840,655		1.2	%
	Ventas, Inc.		2,844,399		158,006,364		1.5	%
	VICI Properties, Inc.		5,700,491		169,931,647		1.7	%
	Welltower, Inc.		3,219,824		292,392,217		2.9	%
	WP Carey, Inc.		1,368,353		110,521,872		1.1	%

DFA REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


						Percentage
		Shares		Value†		of Net Assets‡
REAL ESTATE — (Continued)
	Other Securities			$	1,419,210,329		14.0	%

TOTAL COMMON STOCKS (Cost $5,426,340,244)					10,138,933,830		99.2	%

TEMPORARY CASH INVESTMENTS — (0.8%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		82,455,746		82,455,746		0.8	%

SECURITIES LENDING COLLATERAL — (1.3%)
@§	The DFA Short Term Investment Fund		11,271,108		130,372,903		1.3	%

TOTAL INVESTMENTS—(100.0%) (Cost $5,639,159,564)				$	10,351,762,479		101.3	%

As of April 30, 2022, DFA Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^®Emini Index

399

06/17/22

88,042,800

82,343,625

(5,699,175

)

Total Futures Contracts

88,042,800

82,343,625

(5,699,175

)

Summary of the Portfolio’s investments as of April 30, 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	$	10,138,695,382		$	238,448		—	$	10,138,933,830
Temporary Cash Investments		82,455,746			—		—		82,455,746
Securities Lending Collateral		—			130,372,903		—		130,372,903
Futures Contracts**		(5,699,175	)		—		—		(5,699,175	)

TOTAL	$	10,215,451,953		$	130,611,351		—	$	10,346,063,304

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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		—			—	$	23,839,873		—
Investment Securities at Value (including $18,193, $38,441, $0 and $669,002 of securities on loan, respectively)	$	313,758		$	1,844,503		—	$	11,737,346
Temporary Cash Investments at Value & Cost		—			4,692		—		123,905
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $18,615, $5,466, $0 and $537,750, respectively)		18,615			5,465		—		537,764
Segregated Cash for Futures Contracts		—			—		—		5,914
Foreign Currencies at Value		19			—		—		—
Cash		14,018			—		—		—
Receivables:
Investment Securities Sold		1,698			116		—		9,335
Dividends and Interest		2,443			1,572		—		3,671
Securities Lending Income		2			6		—		110
Fund Shares Sold		66			945		14,356		12,190
Unrealized Gain on Forward Currency Contracts		3,720			—		—		—
Prepaid Expenses and Other Assets		21			18		161		159

Total Assets		354,360			1,857,317		23,854,390		12,430,394

LIABILITIES:
Payables:
Upon Return of Securities Loaned		18,613			5,478		—		538,165
Investment Securities Purchased		—			—		—		15,736
Fund Shares Redeemed		3,107			671		13,968		10,990
Due to Advisor		31			163		1,855		2,735
Futures Margin Variation		12,332			—		—		4,118
Unrealized Loss on Forward Currency Contracts		20			—		—		—
Accrued Expenses and Other Liabilities		69			165		787		988

Total Liabilities		34,172			6,477		16,610		572,732

NET ASSETS	$	320,188		$	1,850,840	$	23,837,780	$	11,857,662

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R1 Shares — based on net assets of $0; $0; $0 and $31,422 and shares outstanding of 0, 0, 0 and 1,108,696, respectively		N/A			N/A		N/A	$	28.34

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 $65,418 and shares outstanding of 0, 0, 0 and 2,321,177, respectively		N/A			N/A		N/A	$	28.18

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

Institutional Class Shares — based on net assets of $320,188; $1,850,840; $23,837,780 and $11,760,822 and shares outstanding of 28,485,794, 75,602,342, 553,486,974 and 414,889,278, respectively	$	11.24		$	24.48	$	43.07	$	28.35

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

Investment Securities at Cost	$	330,041		$	993,253		N/A	$	8,115,790

Foreign Currencies at Cost	$	19		$	—	$	—	$	—

NET ASSETS CONSIST OF:
Paid-In Capital	$	369,746		$	941,480	$	13,995,290	$	7,786,615
Total Distributable Earnings (Loss)		(49,558	)		909,360		9,842,490		4,071,047

NET ASSETS	$	320,188		$	1,850,840	$	23,837,780	$	11,857,662

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

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


	U.S. Small Cap Value Portfolio*		U.S. Core Equity 1 Portfolio*		U.S. Core Equity 2 Portfolio*		U.S. Vector Equity Portfolio*
ASSETS:
Investment Securities at Value (including $868,230, $1,021,403, $1,211,506 and $231,790 of securities on loan, respectively)	$	13,745,255	$	29,337,388	$	30,800,940	$	4,507,590
Temporary Cash Investments at Value & Cost		131,284		284,165		270,682		42,414
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $673,806, $542,326, $702,866 and $160,221, respectively)		673,855		542,371		702,965		160,255
Segregated Cash for Futures Contracts		6,821		13,686		14,471		1,960
Receivables:
Investment Securities Sold		21,014		1,496		1,540		843
Dividends and Interest		7,188		22,275		22,209		2,823
Securities Lending Income		126		162		190		36
Fund Shares Sold		6,574		13,510		11,633		2,554
Prepaid Expenses and Other Assets		126		315		274		52

Total Assets		14,592,243		30,215,368		31,824,904		4,718,527

LIABILITIES:
Payables:
Upon Return of Securities Loaned		674,013		542,845		703,434		160,320
Investment Securities Purchased		12,366		—		—		—
Fund Shares Redeemed		5,915		15,788		15,306		3,857
Due to Advisor		3,337		3,109		4,337		991
Futures Margin Variation		4,750		9,532		10,078		1,365
Accrued Expenses and Other Liabilities		1,380		1,272		1,634		340

Total Liabilities		701,761		572,546		734,789		166,873

NET ASSETS	$	13,890,482	$	29,642,822	$	31,090,115	$	4,551,654

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $13,890,482; $29,642,822; $31,090,115 and $4,551,654 and shares outstanding of 339,792,996, 924,508,134, 1,066,790,177 and 202,057,122, respectively	$	40.88	$	32.06	$	29.14	$	22.53

NUMBER OF SHARES AUTHORIZED		3,400,000,000		3,000,000,000		4,600,000,000		2,000,000,000

Investment Securities at Cost	$	9,326,707	$	13,290,245	$	14,189,683	$	2,365,770

NET ASSETS CONSIST OF:
Paid-In Capital	$	8,593,874	$	12,985,939	$	13,716,749	$	2,189,803
Total Distributable Earnings (Loss)		5,296,608		16,656,883		17,373,366		2,361,851

NET ASSETS	$	13,890,482	$	29,642,822	$	31,090,115	$	4,551,654

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

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


	U.S. Small Cap Portfolio*		U.S. Micro Cap Portfolio*		U.S. High Relative Profitability Portfolio*		DFA Real Estate Securities Portfolio*
ASSETS:
Investment Securities at Value (including $1,337,042, $686,923, $1,627 and $283,003 of securities on loan, respectively)	$	13,723,244	$	6,359,446	$	5,212,439	$	10,138,934
Temporary Cash Investments at Value & Cost		139,638		34,243		38,953		82,456
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $1,017,701, $552,741, $154 and $130,364, respectively)		1,017,756		552,798		154		130,373
Segregated Cash for Futures Contracts		8,094		1,725		1,994		4,469
Cash		71		—		—		—
Receivables:
Investment Securities Sold		10,143		8,073		292		3,994
Dividends and Interest		3,534		2,057		6,271		5,196
Securities Lending Income		190		112		1		39
Fund Shares Sold		12,122		3,256		2,994		3,971
Prepaid Expenses and Other Assets		86		87		108		97

Total Assets		14,914,878		6,961,797		5,263,206		10,369,529

LIABILITIES:
Payables:
Upon Return of Securities Loaned		1,018,401		552,909		156		130,624
Investment Securities Purchased		5,613		7,008		—		—
Fund Shares Redeemed		4,852		4,009		4,260		15,492
Due to Advisor		3,008		2,121		870		1,377
Futures Margin Variation		5,124		1,201		1,389		2,736
Accrued Expenses and Other Liabilities		1,378		566		244		654

Total Liabilities		1,038,376		567,814		6,919		150,883

NET ASSETS	$	13,876,502	$	6,393,983	$	5,256,287	$	10,218,646

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $13,876,502; $6,393,983; $5,256,287 and $10,218,646 and shares outstanding of 339,682,748, 265,030,598, 292,338,769 and 217,137,301, respectively	$	40.85	$	24.13	$	17.98	$	47.06

NUMBER OF SHARES AUTHORIZED		2,000,000,000		3,000,000,000		500,000,000		1,700,000,000

Investment Securities at Cost	$	7,977,884	$	3,932,604	$	4,055,420	$	5,426,340

NET ASSETS CONSIST OF:
Paid-In Capital	$	7,331,730	$	3,512,686	$	4,003,035	$	5,312,499
Total Distributable Earnings (Loss)		6,544,772		2,881,297		1,253,252		4,906,147

NET ASSETS	$	13,876,502	$	6,393,983	$	5,256,287	$	10,218,646

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	Enhanced U.S. Large Company Portfolio^#			U.S. Large Cap Equity Portfolio^#			U.S. Large Cap Value Portfolio*			U.S. Targeted 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)		—			—		$	262,502			—
Income from Securities Lending		—			—			262			—
Expenses Allocated from Affiliated Investment Companies		—			—			(12,943	)		—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			249,821			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $2, $0 and $143, respectively)		—		$	14,679			—		$	102,406
Interest	$	1,831			—			—			—
Income from Securities Lending		4			29			—			540

Total Fund Investment Income		1,835			14,708			—			102,946

Fund Expenses
Investment Management Fees		232			1,029			23,769			18,150
Accounting & Transfer Agent Fees		28			174			1,652			542
S&P 500^®Fees		2			—			—			—
Custodian Fees		10			14			—			78
Shareholder Servicing Fees
Class R1 Shares		—			—			—			32
Class R2 Shares		—			—			—			86
Filing Fees		14			28			133			137
Shareholders’ Reports		14			30			410			273
Directors’/Trustees’ Fees & Expenses		(1	)		(10	)		(115	)		(57	)
Professional Fees		2			11			32			62
Previously Waived Fees Recovered by Advisor (Note C)		3			—			—			—
Other		2			30			68			145

Total Fund Expenses		306			1,306			25,949			19,448

Fees Waived, Expenses Reimbursed by Advisor (Note C)		16			—			12,510			—
Net Expenses		290			1,306			13,439			19,448

Net Investment Income (Loss)		1,545			13,402			236,382			83,498

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(4,548	)		58,549			—			449,787
Affiliated Investment Companies Shares Sold		3			(2	)		—			(174	)
Transactions Allocated from Affiliated Investment Company**		—			—			853,029			—
Futures		(2,027	)		(19	)		—			(1,152	)
Foreign Currency Transactions		(44	)		—			—			—
Forward Currency Contracts		947			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(14,210	)		(269,701	)		—			(953,404	)
Affiliated Investment Companies Shares		(1	)		(2	)		—			(17	)
Transactions Allocated from Affiliated Investment Company		—			—			(1,794,513	)		—
Futures		(34,717	)		—			—			(7,306	)
Translation of Foreign Currency-Denominated Amounts		(29	)		—			—			—
Forward Currency Contracts		6,330			—			—			—

Net Realized and Unrealized Gain (Loss)		(48,296	)		(211,175	)		(941,484	)		(512,266	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(46,751	)	$	(197,773	)	$	(705,102	)	$	(428,768	)

**	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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(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 $357, $45, $66 and $18, respectively)	$	140,336		$	237,164		$	244,875		$	40,029
Income from Securities Lending		633			791			933			212

Total Investment Income		140,969			237,955			245,808			40,241

Expenses
Investment Management Fees		24,746			19,351			27,017			6,196
Accounting & Transfer Agent Fees		987			2,298			2,315			400
Custodian Fees		103			164			174			34
Filing Fees		101			190			245			45
Shareholders’ Reports		340			320			343			94
Directors’/Trustees’ Fees & Expenses		(67	)		(150	)		(156	)		(22	)
Professional Fees		80			175			183			25
Other		161			345			363			55

Total Expenses		26,451			22,693			30,484			6,827

Net Expenses		26,451			22,693			30,484			6,827

Net Investment Income (Loss)		114,518			215,262			215,324			33,414

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		873,367			585,421			739,130			218,353
Affiliated Investment Companies Shares Sold		(217	)		(203	)		(257	)		(38	)
Futures		7,482			(14,555	)		(16,250	)		(3,306	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,366,175	)		(3,596,346	)		(3,740,860	)		(596,254	)
Affiliated Investment Companies Shares		(19	)		24			58			17
Futures		(13,969	)		(14,063	)		(14,501	)		(1,907	)

Net Realized and Unrealized Gain (Loss)		(499,531	)		(3,039,722	)		(3,032,680	)		(383,135	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(385,013	)	$	(2,824,460	)	$	(2,817,356	)	$	(349,721	)

**	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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(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 $81, $47, $0 and $0, respectively)	$	102,682		$	48,596		$	47,113		$	151,096
Income from Securities Lending		960			581			50			229

Total Investment Income		103,642			49,177			47,163			151,325

Fund Expenses
Investment Management Fees		22,012			14,200			5,638			9,209
Accounting & Transfer Agent Fees		824			470			519			686
Custodian Fees		124			60			28			54
Filing Fees		110			57			130			63
Shareholders’ Reports		317			127			43			233
Directors’/Trustees’ Fees & Expenses		(69	)		(33	)		(28	)		(51	)
Professional Fees		84			38			31			57
Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			69
Other		179			79			63			102

Total Fund Expenses		23,581			14,998			6,424			10,422

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			—			671

Net Expenses		23,581			14,998			6,424			9,751

Net Investment Income (Loss)		80,061			34,179			40,739			141,574

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		817,890			444,663			96,241			217,837
Affiliated Investment Companies Shares Sold		(293	)		(138	)		(2	)		(105	)
Futures		(3,353	)		(7,358	)		(4,610	)		326
In-Kind Redemptions		—			21,523			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,538,432	)		(1,177,540	)		(444,055	)		(486,809	)
Affiliated Investment Companies Shares		(7	)		25			—			(17	)
Futures		(10,329	)		(4,297	)		(2,015	)		(8,097	)

Net Realized and Unrealized Gain (Loss)		(1,734,524	)		(723,122	)		(354,441	)		(276,865	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,654,463	)	$	(688,943	)	$	(313,702	)	$	(135,291	)

**	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.

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***
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	1,545		$	2,465		$	13,402		$	27,055		$	236,382		$	429,517
Net Realized Gain (Loss) on:
Investment Securities Sold,*		(4,548	)		8,383			58,549			77,747			—			—
Affiliated Investment Companies Shares Sold		3			—			(2	)		(3	)		—			—
Transactions Allocated from Affiliated Investment Company,*		—			—			—			—			853,029			1,197,847
Futures		(2,027	)		121,329			(19	)		—			—			—
Foreign Currency Transactions		(44	)		(56	)		—			—			—			—
Forward Currency Contracts		947			(2,075	)		—			—			—			—
In-Kind Redemptions		—			—			—			11,793			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(14,210	)		(6,769	)		(269,701	)		578,484			—			—
Affiliated Investment Companies Shares		(1	)		—			(2	)		(2	)		—			—
Transactions Allocated from Affiliated Investment Company		—			—			—			—			(1,794,513	)		7,131,104
Futures		(34,717	)		29,567			—			—			—			—
Translation of Foreign Currency-Denominated Amounts		(29	)		(4	)		—			—			—			—
Forward Currency Contracts		6,330			(3,235	)		—			—			—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		(46,751	)		149,605			(197,773	)		695,074			(705,102	)		8,758,468

Distributions:
Institutional Class Shares		(133,571	)		(30,328	)		(76,702	)		(27,774	)		(860,551	)		(401,298	)
Capital Share Transactions (1):
Shares Issued		37,953			57,957			120,200			291,004			2,151,824			4,217,940
Shares Issued in Lieu of Cash Distributions		133,398			30,299			69,083			24,838			796,735			375,792
Shares Redeemed		(97,708	)		(213,988	)		(264,782	)		(475,766	)		(2,854,829	)		(6,356,276	)

Net Increase (Decrease) from Capital Share Transactions		73,643			(125,732	)		(75,499	)		(159,924	)		93,730			(1,762,544	)

Total Increase (Decrease) in Net Assets		(106,679	)		(6,455	)		(349,974	)		507,376			(1,471,923	)		6,594,626
Net Assets
Beginning of Period		426,867			433,322			2,200,814			1,693,438			25,309,703			18,715,077

End of Period	$	320,188		$	426,867		$	1,850,840		$	2,200,814		$	23,837,780		$	25,309,703

(1) Shares Issued and Redeemed:
Shares Issued		2,695			3,614			4,515			11,836			47,115			99,361
Shares Issued in Lieu of Cash Distributions		10,160			2,042			2,498			994			17,627			8,865
Shares Redeemed		(7,408	)		(13,433	)		(9,714	)		(19,169	)		(62,524	)		(152,905	)

Net Increase (Decrease) from Shares Issued and
Redeemed		5,447			(7,777	)		(2,701	)		(6,339	)		2,218			(44,679	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

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
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	83,498		$	198,730		$	114,518		$	282,263		$	215,262		$	410,758
Net Realized Gain (Loss) on:
Investment Securities Sold,*		449,787			1,091,327			873,367			1,961,127			585,421			975,666
Affiliated Investment Companies Shares Sold		(174	)		(19	)		(217	)		(6	)		(203	)		6
Futures		(1,152	)		31,099			7,482			35,883			(14,555	)		74,671
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(953,404	)		4,695,607			(1,366,175	)		4,964,267			(3,596,346	)		9,374,964
Affiliated Investment Companies Shares		(17	)		(24	)		(19	)		(18	)		24			(42	)
Futures		(7,306	)		5,644			(13,969	)		6,558			(14,063	)		12,449

Net Increase (Decrease) in Net Assets Resulting from Operations		(428,768	)		6,022,364			(385,013	)		7,250,074			(2,824,460	)		10,848,472

Distributions:
Class R1 Shares		(4,907	)		(889	)		—			—			—			—
Class R2 Shares		(5,001	)		(922	)		—			—			—			—
Institutional Class Shares		(877,231	)		(186,950	)		(1,375,468	)		(282,350	)		(1,040,542	)		(396,374	)

Total Distributions		(887,139	)		(188,761	)		(1,375,468	)		(282,350	)		(1,040,542	)		(396,374	)

Capital Share Transactions (1):
Shares Issued		1,441,670			2,413,093			1,257,042			2,353,153			2,249,962			3,731,277
Shares Issued in Lieu of Cash Distributions		852,947			181,306			1,257,798			257,340			1,001,605			385,732
Shares Redeemed		(1,856,386	)		(4,489,318	)		(2,009,224	)		(4,913,927	)		(3,128,784	)		(5,612,000	)

Net Increase (Decrease) from Capital Share Transactions		438,231			(1,894,919	)		505,616			(2,303,434	)		122,783			(1,494,991	)

Total Increase (Decrease) in Net Assets		(877,676	)		3,938,684			(1,254,865	)		4,664,290			(3,742,219	)		8,957,107
Net Assets
Beginning of Period		12,735,338			8,796,654			15,145,347			10,481,057			33,385,041			24,427,934

End of Period	$	11,857,662		$	12,735,338		$	13,890,482		$	15,145,347		$	29,642,822		$	33,385,041

(1) Shares Issued and Redeemed:
Shares Issued		47,679			85,084			28,901			56,798			64,678			115,212
Shares Issued in Lieu of Cash Distributions		29,111			6,639			29,834			6,840			28,180			11,903
Shares Redeemed		(61,403	)		(162,459	)		(45,821	)		(120,183	)		(89,353	)		(173,808	)

Net Increase (Decrease) from Shares Issued and Redeemed		15,387			(70,736	)		12,914			(56,545	)		3,505			(46,693	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

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
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	215,324		$	416,576		$	33,414		$	63,055		$	80,061		$	187,098
Net Realized Gain (Loss) on:
Investment Securities Sold,*		739,130			1,429,312			218,353			359,202			817,890			1,236,222
Affiliated Investment Companies Shares Sold		(257	)		5			(38	)		(10	)		(293	)		(15	)
Futures		(16,250	)		77,878			(3,306	)		10,622			(3,353	)		29,482
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(3,740,860	)		9,830,032			(596,254	)		1,496,357			(2,538,432	)		5,738,332
Affiliated Investment Companies Shares		58			(46	)		17			(6	)		(7	)		(46	)
Futures		(14,501	)		10,410			(1,907	)		1,490			(10,329	)		7,732

Net Increase (Decrease) in Net Assets Resulting from Operations		(2,817,356	)		11,764,167			(349,721	)		1,930,710			(1,654,463	)		7,198,805

Distributions:
Institutional Class Shares		(1,448,985	)		(403,127	)		(351,824	)		(59,880	)		(921,828	)		(191,245	)
Capital Share Transactions (1):
Shares Issued		2,133,510			4,280,791			353,912			622,066			1,106,523			1,966,837
Shares Issued in Lieu of Cash Distributions		1,427,314			396,434			347,590			59,202			869,803			180,123
Shares Redeemed		(3,353,265	)		(6,559,673	)		(631,078	)		(982,039	)		(2,270,938	)		(5,596,845	)

Net Increase (Decrease) from Capital Share Transactions		207,559			(1,882,448	)		70,424			(300,771	)		(294,612	)		(3,449,885	)

Total Increase (Decrease) in Net Assets		(4,058,782	)		9,478,592			(631,121	)		1,570,059			(2,870,903	)		3,557,675
Net Assets
Beginning of Period		35,148,897			25,670,305			5,182,775			3,612,716			16,747,405			13,189,730

End of Period	$	31,090,115		$	35,148,897		$	4,551,654		$	5,182,775		$	13,876,502		$	16,747,405

(1) Shares Issued and Redeemed:
Shares Issued		67,652			144,078			14,491			26,612			24,524			44,774
Shares Issued in Lieu of Cash Distributions		44,337			13,361			14,340			2,515			19,179			4,260
Shares Redeemed		(105,110	)		(224,097	)		(25,957	)		(42,433	)		(49,316	)		(129,256	)

Net Increase (Decrease) from Shares Issued and Redeemed		6,879			(66,658	)		2,874			(13,306	)		(5,613	)		(80,222	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

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
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	34,179		$	62,481		$	40,739		$	73,782		$	141,574		$	210,998
Net Realized Gain (Loss) on:
Investment Securities Sold,*		444,663			742,238			96,241			131,919			217,837			148,206
Affiliated Investment Companies Shares Sold		(138	)		(21	)		(2	)		—			(105	)		(14	)
Futures		(7,358	)		16,057			(4,610	)		10,476			326			21,701
In-Kind Redemptions		21,523			7,153			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,177,540	)		2,315,847			(444,055	)		1,189,688			(486,809	)		3,314,181
Affiliated Investment Companies Shares		25			(10	)		—			(1	)		(17	)		(7	)
Futures		(4,297	)		3,108			(2,015	)		1,528			(8,097	)		3,785

Net Increase (Decrease) in Net Assets Resulting from Operations		(688,943	)		3,146,853			(313,702	)		1,407,392			(135,291	)		3,698,850

Distributions:
Institutional Class Shares		(706,083	)		(65,321	)		(150,431	)		(70,633	)		(266,802	)		(250,605	)
Capital Share Transactions (1):
Shares Issued		586,110			707,002			667,098			1,659,760			828,683			1,673,718
Shares Issued in Lieu of Cash Distributions		650,350			60,120			149,935			70,349			240,370			221,041
Shares Redeemed		(901,316	)		(1,515,047	)		(932,250	)		(860,356	)		(1,663,412	)		(2,265,461	)

Net Increase (Decrease) from Capital Share Transactions		335,144			(747,925	)		(115,217	)		869,753			(594,359	)		(370,702	)

Total Increase (Decrease) in Net Assets		(1,059,882	)		2,333,607			(579,350	)		2,206,512			(996,452	)		3,077,543
Net Assets
Beginning of Period		7,453,865			5,120,258			5,835,637			3,629,125			11,215,098			8,137,555

End of Period	$	6,393,983		$	7,453,865		$	5,256,287		$	5,835,637		$	10,218,646		$	11,215,098

(1) Shares Issued and Redeemed:
Shares Issued		22,062			26,537			34,745			95,038			17,112			40,000
Shares Issued in Lieu of Cash Distributions		24,360			2,311			7,553			3,936			4,859			5,800
Shares Redeemed		(33,609	)		(58,103	)		(49,109	)		(48,305	)		(34,182	)		(54,340	)

Net Increase (Decrease) from Shares Issued and Redeemed		12,813			(29,255	)		(6,811	)		50,669			(12,211	)		(8,540	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

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
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	18.53		$	14.06		$	14.02		$	13.03		$	14.54		$	12.22		$	28.11		$	20.01		$	18.61		$	16.75		$	15.93		$	13.06

Income from Investment Operations (A)
Net Investment Income (Loss)		0.05			0.10			0.12			0.26			0.26			0.18			0.17			0.33			0.32			0.31			0.28			0.26
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.50	)		5.49			1.17			1.60			0.52			2.63			(2.80	)		8.11			1.42			1.86			0.81			2.87

Total from Investment Operations		(1.45	)		5.59			1.29			1.86			0.78			2.81			(2.63	)		8.44			1.74			2.17			1.09			3.13

Less Distributions:
Net Investment Income		(0.11	)		(0.13	)		(0.11	)		(0.30	)		(0.25	)		(0.13	)		(0.15	)		(0.34	)		(0.31	)		(0.31	)		(0.27	)		(0.26	)
Net Realized Gains		(5.73	)		(0.99	)		(1.14	)		(0.57	)		(2.04	)		(0.36	)		(0.85	)		—			(0.03	)		—			—			—

Total Distributions		(5.84	)		(1.12	)		(1.25	)		(0.87	)		(2.29	)		(0.49	)		(1.00	)		(0.34	)		(0.34	)		(0.31	)		(0.27	)		(0.26	)

Net Asset Value, End of Period	$	11.24		$	18.53		$	14.06		$	14.02		$	13.03		$	14.54		$	24.48		$	28.11		$	20.01		$	18.61		$	16.75		$	15.93

Total Return		(12.38	%)(B)		41.82	%		9.55	%		15.67	%		5.62	%		23.53	%		(9.77	%)(B)		42.42	%		9.52	%		13.13	%		6.82	%		24.16	%

Net Assets, End of Period (thousands)	$	320,188		$	426,867		$	433,322		$	386,750		$	327,063		$	322,347		$	1,850,840		$	2,200,814		$	1,693,438		$	1,611,529		$	1,457,218		$	1,212,883
Ratio of Expenses to Average Net Assets		0.15	%(C)		0.15	%		0.15	%		0.15	%		0.15	%		0.18	%		0.13	%(C)		0.14	%		0.16	%		0.19	%		0.17	%		0.17	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.16	%(C)		0.17	%		0.22	%		0.25	%		0.23	%		0.24	%		0.13	%(C)		0.14	%		0.16	%		0.19	%		0.17	%		0.17	%
Ratio of Net Investment Income to Average Net Assets		0.80	%(C)		0.59	%		0.89	%		1.98	%		1.94	%		1.36	%		1.30	%(C)		1.32	%		1.68	%		1.77	%		1.64	%		1.74	%
Portfolio Turnover Rate		45	%(B)		70	%		90	%		109	%		91	%		122	%		3	%(B)		7	%		20	%		22	%		7	%		11	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	U.S. Large Cap Value Portfolio
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period.	$	45.91		$	31.40		$	37.13		$	37.41		$	38.84		$	32.63

Income from Investment Operations (A)
Net Investment Income (Loss)		0.43			0.76			0.79			0.83			0.78			0.74
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.69	)		14.46			(4.98	)		1.45			0.35			6.99

Total from Investment Operations		(1.26	)		15.22			(4.19	)		2.28			1.13			7.73

Less Distributions:
Net Investment Income		(0.36	)		(0.71	)		(0.73	)		(0.76	)		(0.73	)		(0.70	)
Net Realized Gains		(1.22	)		—			(0.81	)		(1.80	)		(1.83	)		(0.82	)

Total Distributions		(1.58	)		(0.71	)		(1.54	)		(2.56	)		(2.56	)		(1.52	)

Net Asset Value, End of Period	$	43.07		$	45.91		$	31.40		$	37.13		$	37.41		$	38.84

Total Return		(2.90	%)(B)		48.68	%		(11.56	%)		6.97	%		2.79	%		24.11	%

Net Assets, End of Period (thousands)	$	23,837,780		$	25,309,703		$	18,715,077		$	25,656,577		$	25,268,336		$	23,732,871
Ratio of Expenses to Average Net Assets (D)		0.21	%(C)		0.23	%		0.27	%		0.28	%		0.27	%		0.27	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D)		0.31	%(C)		0.33	%		0.37	%		0.38	%		0.37	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		1.89	%(C)		1.80	%		2.38	%		2.33	%		1.98	%		2.03	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	U.S. Targeted Value Portfolio-Class R1 Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	31.60		$	18.57		$	22.30		$	23.45		$	25.15		$	21.26

Income from Investment Operations (A)
Net Investment Income (Loss)		0.20			0.44			0.30			0.30			0.28			0.25
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.26	)		13.00			(3.19	)		(0.24	)		(0.63	)		4.66

Total from Investment Operations		(1.06	)		13.44			(2.89	)		0.06			(0.35	)		4.91

Less Distributions:
Net Investment Income		(0.17	)		(0.41	)		(0.27	)		(0.27	)		(0.26	)		(0.24	)
Net Realized Gains		(2.03	)		—			(0.57	)		(0.94	)		(1.09	)		(0.78	)

Total Distributions		(2.20	)		(0.41	)		(0.84	)		(1.21	)		(1.35	)		(1.02	)

Net Asset Value, End of Period	$	28.34		$	31.60		$	18.57		$	22.30		$	23.45		$	25.15

Total Return		(3.59	%)(B)		72.74	%		(13.34	%)		0.78	%		(1.61	%)		23.32	%

Net Assets, End of Period (thousands)	$	31,422		$	70,291		$	31,832		$	56,378		$	47,848		$	54,960
Ratio of Expenses to Average Net Assets		0.41	%(C)		0.43	%		0.47	%		0.48	%		0.47	%		0.47	%
Ratio of Net Investment Income to Average Net Assets		1.31	%(C)		1.52	%		1.56	%		1.34	%		1.10	%		1.03	%
Portfolio Turnover Rate		6	%(B)		13	%		20	%		16	%		23	%		23	%


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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	U.S. Targeted Value Portfolio-Class R2 Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	31.44		$	18.48		$	22.18		$	23.32		$	25.03		$	21.16

Income from Investment Operations (A)
Net Investment Income (Loss)		0.17			0.39			0.27			0.27			0.24			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.25	)		12.94			(3.16	)		(0.23	)		(0.63	)		4.65

Total from Investment Operations.		(1.08	)		13.33			(2.89	)		0.04			(0.39	)		4.86

Less Distributions:
Net Investment Income.		(0.15	)		(0.37	)		(0.24	)		(0.24	)		(0.23	)		(0.21	)
Net Realized Gains.		(2.03	)		—			(0.57	)		(0.94	)		(1.09	)		(0.78	)

Total Distributions.		(2.18	)		(0.37	)		(0.81	)		(1.18	)		(1.32	)		(0.99	)

Net Asset Value, End of Period	$	28.18		$	31.44		$	18.48		$	22.18		$	23.32		$	25.03

Total Return		(3.66	%)(B)		72.45	%		(13.42	%)		0.64	%		(1.79	%)		23.17	%

Net Assets, End of Period (thousands)	$	65,418		$	73,279		$	52,931		$	72,669		$	108,168		$	156,809
Ratio of Expenses to Average Net Assets		0.56	%(C)		0.58	%		0.62	%		0.63	%		0.62	%		0.62	%
Ratio of Net Investment Income to Average Net Assets.		1.10	%(C)		1.41	%		1.39	%		1.21	%		0.95	%		0.90	%
Portfolio Turnover Rate		6	%(B)		13	%		20	%		16	%		23	%		23	%


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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	U.S. Targeted Value Portfolio-Institutional Class Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	31.61		$	18.57		$	22.31		$	23.46		$	25.16		$	21.26

Income from Investment Operations (A)
Net Investment Income (Loss)		0.20			0.46			0.31			0.32			0.30			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.24	)		13.02			(3.19	)		(0.23	)		(0.63	)		4.67

Total from Investment Operations		(1.04	)		13.48			(2.88	)		0.09			(0.33	)		4.94

Less Distributions:
Net Investment Income		(0.19	)		(0.44	)		(0.29	)		(0.30	)		(0.28	)		(0.26	)
Net Realized Gains		(2.03	)		—			(0.57	)		(0.94	)		(1.09	)		(0.78	)

Total Distributions		(2.22	)		(0.44	)		(0.86	)		(1.24	)		(1.37	)		(1.04	)

Net Asset Value, End of Period	$	28.35		$	31.61		$	18.57		$	22.31		$	23.46		$	25.16

Total Return		(3.51	%)(B)		72.95	%		(13.27	%)		0.88	%		(1.52	%)		23.46	%

Net Assets, End of Period (thousands)	$	11,760,822		$	12,591,768		$	8,711,891		$	10,655,324		$	10,307,146		$	10,528,662
Ratio of Expenses to Average Net Assets		0.31	%(C)		0.33	%		0.37	%		0.38	%		0.37	%		0.37	%
Ratio of Net Investment Income to Average Net Assets		1.33	%(C)		1.65	%		1.65	%		1.45	%		1.20	%		1.13	%
Portfolio Turnover Rate		6	%(B)		13	%		20	%		16	%		23	%		23	%


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

See accompanying Notes to Financial Statements.

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
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	46.33		$	27.34		$	32.79		$	36.39		$	39.07		$	32.75		$	36.25		$	25.24		$	24.71		$	22.77		$	22.01		$	18.00

Income from Investment Operations (A)
Net Investment Income (Loss)		0.34			0.80			0.44			0.42			0.39			0.31			0.23			0.44			0.41			0.40			0.36			0.33
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.54	)		18.98			(4.95	)		(1.69	)		(0.90	)		7.71			(3.28	)		10.99			0.93			2.08			0.88			4.12

Total from Investment Operations		(1.20	)		19.78			(4.51	)		(1.27	)		(0.51	)		8.02			(3.05	)		11.43			1.34			2.48			1.24			4.45

Less Distributions:
Net Investment Income		(0.39	)		(0.79	)		(0.38	)		(0.38	)		(0.37	)		(0.30	)		(0.20	)		(0.42	)		(0.39	)		(0.40	)		(0.35	)		(0.35	)
Net Realized Gains		(3.86	)		—			(0.56	)		(1.95	)		(1.80	)		(1.40	)		(0.94	)		—			(0.42	)		(0.14	)		(0.13	)		(0.09	)

Total Distributions		(4.25	)		(0.79	)		(0.94	)		(2.33	)		(2.17	)		(1.70	)		(1.14	)		(0.42	)		(0.81	)		(0.54	)		(0.48	)		(0.44	)

Net Asset Value, End of Period	$	40.88		$	46.33		$	27.34		$	32.79		$	36.39		$	39.07		$	32.06		$	36.25		$	25.24		$	24.71		$	22.77		$	22.01

Total Return		(2.85	%)(B)		73.01	%		(14.11	%)		(3.04	%)		(1.48	%)		24.67	%		(8.73	%)(B)		45.50	%		5.55	%		11.18	%		5.59	%		24.93	%

Net Assets, End of Period (thousands)	$	13,890,482			$15,145,347 $10,481,057					$	13,766,513		$	14,732,615		$	15,165,867		$	29,642,822		$	33,385,041		$	24,427,934		$	26,592,058		$	23,629,726		$	20,762,742
Ratio of Expenses to Average Net Assets		0.36	%(C)		0.42	%		0.52	%		0.53	%		0.52	%		0.52	%		0.14	%(C)		0.15	%		0.18	%		0.20	%		0.19	%		0.19	%
Ratio of Net Investment Income to Average Net Assets		1.54	%(C)		1.94	%		1.56	%		1.26	%		1.00	%		0.83	%		1.33	%(C)		1.34	%		1.69	%		1.72	%		1.55	%		1.64	%
Portfolio Turnover Rate		8	%(B)		22	%		18	%		19	%		27	%		24	%		2	%(B)		4	%		3	%		5	%		3	%		3	%

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

See accompanying Notes to Financial Statements.

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
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	33.16		$	22.79		$	22.66		$	21.25		$	20.90		$	17.19		$	26.02		$	17.00		$	18.71		$	18.40		$	19.16		$	15.93

Income from Investment Operations (A)
Net Investment Income (Loss)		0.20			0.39			0.36			0.36			0.34			0.31			0.16			0.31			0.27			0.28			0.26			0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.85	)		10.35			0.60			1.65			0.53			3.83			(1.87	)		9.00			(1.40	)		0.72			(0.10	)		3.65

Total from Investment Operations		(2.65	)		10.74			0.96			2.01			0.87			4.14			(1.71	)		9.31			(1.13	)		1.00			0.16			3.89

Less Distributions:
Net Investment Income		(0.17	)		(0.37	)		(0.33	)		(0.37	)		(0.32	)		(0.31	)		(0.15	)		(0.29	)		(0.25	)		(0.27	)		(0.25	)		(0.23	)
Net Realized Gains		(1.20	)		—			(0.50	)		(0.23	)		(0.20	)		(0.12	)		(1.63	)		—			(0.33	)		(0.42	)		(0.67	)		(0.43	)

Total Distributions		(1.37	)		(0.37	)		(0.83	)		(0.60	)		(0.52	)		(0.43	)		(1.78	)		(0.29	)		(0.58	)		(0.69	)		(0.92	)		(0.66	)

Net Asset Value, End of Period	$	29.14		$	33.16		$	22.79		,$	22.66		$	21.25		$	20.90		$	22.53		$	26.02		$	17.00		$	18.71		$	18.40		$	19.16

Total Return		(8.35	%)(B)		47.35	%		4.37	%		9.78	%		4.16	%		24.36	%		(7.06	%)(B)		54.98	%		(6.12	%)		5.92	%		0.69	%		24.73	%

Net Assets, End of Period (thousands)	$	31,090,115		$	35,148,897		$	25,670,305		$	27,829,155		$	24,677,650		$	22,515,418		$	4,551,654		$	5,182,775		$	3,612,716		$	4,583,612		$	4,610,769		$	4,724,003
Ratio of Expenses to Average Net Assets		0.18	%(C)		0.19	%		0.21	%		0.22	%		0.22	%		0.22	%		0.28	%(C)		0.29	%		0.32	%		0.33	%		0.32	%		0.32	%
Ratio of Net Investment Income to Average Net Assets		1.28	%(C)		1.29	%		1.63	%		1.69	%		1.53	%		1.59	%		1.35	%(C)		1.31	%		1.59	%		1.53	%		1.35	%		1.36	%
Portfolio Turnover Rate		2	%(B)		5	%		3	%		6	%		5	%		5	%		4	%(B)		10	%		13	%		6	%		10	%		10	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	U.S. Small Cap Portfolio																		U.S. Micro Cap Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	48.50		$	31.00		$	33.80		$	35.02		$	36.48		$	30.14		$	29.55		$	18.19		$	20.78		$	21.88		$	22.76		$	18.58

Income from Investment Operations (A)
Net Investment Income (Loss)		0.23			0.50			0.35			0.38			0.39			0.35			0.13			0.24			0.18			0.20			0.17			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(5.12	)		17.50			(2.02	)		(0.05	)		(0.08	)		7.17			(2.73	)		11.37			(2.18	)		(0.26	)		0.12			5.12

Total from Investment Operations		(4.89	)		18.00			(1.67	)		0.33			0.31			7.52			(2.60	)		11.61			(2.00	)		(0.06	)		0.29			5.28

Less Distributions:
Net Investment Income		(0.22	)		(0.50	)		(0.32	)		(0.35	)		(0.37	)		(0.35	)		(0.12	)		(0.25	)		(0.16	)		(0.18	)		(0.16	)		(0.16	)
Net Realized Gains		(2.54	)		—			(0.81	)		(1.20	)		(1.40	)		(0.83	)		(2.70	)		—			(0.43	)		(0.86	)		(1.01	)		(0.94	)

Total Distributions		(2.76	)		(0.50	)		(1.13	)		(1.55	)		(1.77	)		(1.18	)		(2.82	)		(0.25	)		(0.59	)		(1.04	)		(1.17	)		(1.10	)

Net Asset Value, End of Period	$	40.85		$	48.50		$	31.00		$	33.80		$	35.02		$	36.48		$	24.13		$	29.55		$ $	18.19			20.78		$	21.88		$	22.76

Total Return		(10.64	%)(B)		58.30	%		(5.08	%)		1.41	%		0.77	%		25.21	%		(9.68	%)(B)		64.00	%		(9.87	%)		0.24	%		1.29	%		28.91	%

Net Assets, End of Period (thousands)	$	13,876,502		$	16,747,405		$	13,189,730		$	17,392,495		$	17,303,451		$	16,931,787		$	6,393,983		$	7,453,865			$5,120,258 $6,351,299					$	6,478,316		$	6,306,730
Ratio of Expenses to Average Net Assets		0.30	%(C)		0.33	%		0.36	%		0.37	%		0.37	%		0.37	%		0.42	%(C)		0.46	%		0.52	%		0.53	%		0.52	%		0.52	%
Ratio of Net Investment Income to Average Net Assets		1.03	%(C)		1.13	%		1.15	%		1.13	%		1.06	%		1.04	%		0.96	%(C)		0.90	%		1.00	%		0.98	%		0.74	%		0.75	%
Portfolio Turnover Rate		4	%(B)		12	%		3	%		8	%		13	%		14	%		9	%(B)		20	%		11	%		15	%		19	%		15	%

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

See accompanying Notes to Financial Statements.

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
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Period May 16, 2017 to Oct 31, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	19.51		$	14.61		$	13.51		$	11.85		$	10.93		$	10.00		$	48.90		$	34.21		$	41.90		$	34.14		$	34.99		$	34.32

Income from Investment Operations (A)
Net Investment Income (Loss)		0.14			0.26			0.25			0.22			0.19			0.07			0.63			0.90			1.01			0.52	**		1.60			0.84
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.17	)		4.89			1.07			1.64			0.89			0.91			(1.29	)		14.86			(7.77	)		8.09	**		(0.69	)		1.12

Total from Investment Operations		(1.03	)		5.15			1.32			1.86			1.08			0.98			(0.66	)		15.76			(6.76	)		8.61			0.91			1.96

Less Distributions:
Net Investment Income		(0.11	)		(0.25	)		(0.22	)		(0.20	)		(0.16	)		(0.05	)		(0.67	)		(0.95	)		(0.87	)		(0.85	)		(1.65	)		(0.98	)
Net Realized Gains		(0.39	)		—			—			—			—			—			(0.51	)		(0.12	)		(0.06	)		—			(0.11	)		(0.31	)

Total Distributions		(0.50	)		(0.25	)		(0.22	)		(0.20	)		(0.16	)		(0.05	)		(1.18	)		(1.07	)		(0.93	)		(0.85	)		(1.76	)		(1.29	)

Net Asset Value, End of Period	$	17.98		$	19.51		$	14.61		$	13.51		$	11.85		$	10.93		$	47.06		$	48.90		$	34.21 $			41.90		$	34.14		$	34.99

Total Return		(5.49	%)(B)		35.42	%		9.90	%		15.88	%		9.88	%		9.84	%(B)		(1.48	%)(B)		47.01	%		(16.27	%)		25.64	%		2.63	%		5.86	%

Net Assets, End of Period (thousands)	$	5,256,287		$	5,835,637		$	3,629,125		$	1,703,302		$	722,728		$	141,073		$	10,218,646		$	11,215,098		$	8,137,555		$	10,671,437		$	8,577,658		$	8,281,176
Ratio of Expenses to Average Net Assets		0.22	%(C)		0.24	%		0.25	%		0.25	%		0.25	%		0.23	%(C)(E)		0.18	%(C)		0.18	%		0.18	%		0.18	%		0.18	%		0.18	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor)		0.22	%(C)		0.24	%		0.25	%		0.25	%		0.27	%		0.35	%(C)(E)		0.19	%(C)		0.20	%		0.20	%		0.20	%		0.19	%		0.19	%
Ratio of Net Investment Income to Average Net Assets		1.42	%(C)		1.46	%		1.76	%		1.73	%		1.58	%		1.45	%(C)(E)		2.61	%(C)		2.12	%		2.73	%		1.38	%**		4.66	%		2.43	%
Portfolio Turnover Rate		14	%(B)		12	%		0	%		4	%		7	%		0	%(B)		1	%(B)		5	%		5	%		3	%		3	%		1	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

DFA Investment Dimensions Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of 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 Certification (“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 April 30, 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 04/30/22
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. Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

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

•

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

•

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

•

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

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

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the 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. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors of the Fund. These 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.

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.

C. Investment Advisor:

The Advisor, Dimensional Fund Advisors LP, provides investment management services to the Portfolios. For the six months ended April 30, 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	0.29	%*
U.S. Small Cap Value Portfolio	0.33	%*
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	0.28	%*
U.S. Micro Cap Portfolio	0.40	%*
U.S. High Relative Profitability Portfolio	0.20	%*
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 six months ended April 30, 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 six months ended April 30, 2022, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 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.


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	%		—		$	3	$	16	$	563
U.S. Large Cap Equity Portfolio (1)		0.19	%		—			—		—		—
U.S. Large Cap Value Portfolio (2)		—			0.19	%		—		12,510		—
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	%		—			69		671		5,250
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”). The Fee Waiver Agreement for the Enhanced U.S. Large Company Portfolio became effective on April 3, 2017.

(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”).

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 six months ended April 30, 2022, the total related amount paid by the Fund to the CCO was $59 (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 April 30, 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	$	5
U.S. Large Cap Equity Portfolio		4
U.S. Large Cap Value Portfolio		236
U.S. Targeted Value Portfolio		81
U.S. Small Cap Value Portfolio		205
U.S. Core Equity 1 Portfolio		121
U.S. Core Equity 2 Portfolio		172
U.S. Vector Equity Portfolio		51
U.S. Small Cap Portfolio		150
U.S. Micro Cap Portfolio		94
U.S. High Relative Profitability Portfolio		(12	)
DFA Real Estate Securities Portfolio		84

E. Purchases and Sales of Securities:

For the six months ended April 30, 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	$	82,187	$	140,782	$	86,256	$	104,200
U.S. Large Cap Equity Portfolio		—		—		70,459		206,688
U.S. Targeted Value Portfolio		—		—		778,484		1,013,326
U.S. Small Cap Value Portfolio		—		—		1,226,700		1,753,761
U.S. Core Equity 1 Portfolio		—		—		659,632		1,267,175
U.S. Core Equity 2 Portfolio		—		—		741,485		1,655,454
U.S. Vector Equity Portfolio		—		—		180,191		402,547
U.S. Small Cap Portfolio		—		—		645,681		1,512,365
U.S. Micro Cap Portfolio		—		—		626,611		691,367
U.S. High Relative Profitability Portfolio		—		—		768,418		987,887
DFA Real Estate Securities Portfolio		—		—		124,753		727,117

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

For the six months ended April 30, 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 April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
Enhanced U.S. Large Company Portfolio
The DFA Short Term Investment Fund	$	3,664	$	66,040	$	51,091	$	3		$	(1	)	$	18,615		1,609	$	8		—

Total	$	3,664	$	66,040	$	51,091	$	3		$	(1	)	$	18,615		1,609	$	8		—

U.S. Large Cap Equity Portfolio
The DFA Short Term Investment Fund	$	10,657	$	58,528	$	63,716	$	(2	)	$	(2	)	$	5,465		473	$	6		—

Total	$	10,657	$	58,528	$	63,716	$	(2	)	$	(2	)	$	5,465		473	$	6		—

U.S. Targeted Value Portfolio
The DFA Short Term Investment Fund	$	538,730	$	2,053,812	$	2,054,587	$	(174	)	$	(17	)	$	537,764		46,491	$	440		—

Total	$	538,730	$	2,053,812	$	2,054,587	$	(174	)	$	(17	)	$	537,764		46,491	$	440		—

U.S. Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	408,417	$	2,264,235	$	1,998,561	$	(217	)	$	(19	)	$	673,855		58,257	$	439		—

Total	$	408,417	$	2,264,235	$	1,998,561	$	(217	)	$	(19	)	$	673,855		58,257	$	439		—

U.S. Core Equity 1 Portfolio
The DFA Short Term Investment Fund	$	402,032	$	1,908,499	$	1,767,981	$	(203	)	$	24		$	542,371		46,889	$	408		—

Total	$	402,032	$	1,908,499	$	1,767,981	$	(203	)	$	24		$	542,371		46,889	$	408		—

U.S. Core Equity 2 Portfolio
The DFA Short Term Investment Fund	$	540,697	$	2,481,225	$	2,318,758	$	(257	)	$	58		$	702,965		60,773	$	501		—

Total	$	540,697	$	2,481,225	$	2,318,758	$	(257	)	$	58		$	702,965		60,773	$	501		—

U.S. Vector Equity Portfolio
The DFA Short Term Investment Fund	$	133,996	$	767,965	$	741,685	$	(38	)	$	17		$	160,255		13,855	$	151		—

Total	$	133,996	$	767,965	$	741,685	$	(38	)	$	17		$	160,255		13,855	$	151		—

U.S. Small Cap Portfolio
The DFA Short Term Investment Fund	$	729,470	$	3,082,992	$	2,794,406	$	(293	)	$	(7	)	$	1,017,756		87,988	$	670		—

Total	$	729,470	$	3,082,992	$	2,794,406	$	(293	)	$	(7	)	$	1,017,756		87,988	$	670		—


	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
U.S. Micro Cap Portfolio
The DFA Short Term Investment Fund	$	421,895	$	1,188,342	$	1,057,326	$	(138	)	$	25		$	552,798		47,791	$	341		—

Total	$	421,895	$	1,188,342	$	1,057,326	$	(138	)	$	25		$	552,798		47,791	$	341		—

U.S. High Relative Profitability Portfolio
The DFA Short Term Investment Fund		—	$	41,801	$	41,645	$	(2	)		—		$	154		13		—		—

Total		—	$	41,801	$	41,645	$	(2	)		—		$	154		13		—		—

DFA Real Estate Securities Portfolio
The DFA Short Term Investment Fund	$	186,190	$	785,750	$	841,445	$	(105	)	$	(17	)	$	130,373		11,271	$	136		—

Total	$	186,190	$	785,750	$	841,445	$	(105	)	$	(17	)	$	130,373		11,271	$	136		—

F. Federal Income Taxes:

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

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2021, can occur as a result of realized gains on securities considered to be “passive foreign investment companies,” non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
Enhanced U.S. Large Company Portfolio 2020	$	16,363	$	18,585		—	$	34,948
2021		13,853		16,475		—		30,328
U.S. Large Cap Equity Portfolio
2020		27,356		2,832		—		30,188


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
2021	$	27,774		—		—	$	27,774
U.S. Large Cap Value Portfolio 2020		481,285	$	553,382		—		1,034,667
2021		401,298		—		—		401,298
U.S. Targeted Value Portfolio
2020		144,747		273,175		—		417,922
2021		188,761		—		—		188,761
U.S. Small Cap Value Portfolio
2020		154,869		231,582		—		386,451
2021		282,350		—		—		282,350
U.S. Core Equity 1 Portfolio
2020		396,684		447,425		—		844,109
2021		396,375		—		—		396,375
U.S. Core Equity 2 Portfolio
2020		404,026		605,970		—		1,009,996
2021		403,126		—		—		403,126
U.S. Vector Equity Portfolio
2020		58,715		80,129		—		138,844
2021		59,880		—		—		59,880
U.S. Small Cap Portfolio
2020		160,316		405,787		—		566,103
2021		191,244		—		—		191,244
U.S. Micro Cap Portfolio
2020		49,023		132,276		—		181,299
2021		65,320		—		—		65,320
U.S. High Relative Profitability Portfolio
2020		40,427		—		—		40,427
2021		70,633		—		—		70,633
DFA Real Estate Securities Portfolio
2020		219,888		14,211		—		234,099
2021		222,133		28,472		—		250,605

As of October 31, 2021, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):


	Net Investment Income and Short- Term Capital Gains			Long-Term Capital Gains			Total
Enhanced U.S. Large Company Portfolio	$	(6,335)		$	(14,587)		$	(20,922	)
U.S. Large Cap Equity Portfolio		(1,828	)		(5,298	)		(7,126	)
U.S. Large Cap Value Portfolio		(42,941	)		(41,781	)		(84,722	)
U.S. Targeted Value Portfolio		(26,996	)		(109,097	)		(136,093	)
U.S. Small Cap Value Portfolio		(32,234	)		(168,043	)		(200,277	)


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
U.S. Core Equity 1 Portfolio	$	(30,464	)	$	(45,998)		$	(76,462	)
U.S. Core Equity 2 Portfolio		(46,009	)		(72,093	)		(118,102	)
U.S. Vector Equity Portfolio		(8,005	)		(21,668	)		(29,673	)
U.S. Small Cap Portfolio		(7,371	)		(121,832	)		(129,203	)
U.S. Micro Cap Portfolio		(1,852	)		(60,415	)		(62,267	)
U.S. High Relative Profitability Portfolio		(8,260	)		(2,281	)		(10,541	)
DFA Real Estate Securities Portfolio		(12,982	)		—			(12,982	)

As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):


	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
Enhanced U.S. Large Company Portfolio	$	56,547	$	76,606	$	(2,366	)	$	130,787
U.S. Large Cap Equity Portfolio		—		65,510		1,118,349			1,183,859
U.S. Large Cap Value Portfolio		3,129		665,495		10,740,566			11,409,190
U.S. Targeted Value Portfolio		83,374		726,719		4,577,095			5,387,188
U.S. Small Cap Value Portfolio		123,325		1,148,146		5,786,050			7,057,521
U.S. Core Equity 1 Portfolio		—		865,683		19,656,685			20,522,368
U.S. Core Equity 2 Portfolio		25,049		1,246,047		20,369,182			21,640,278
U.S. Vector Equity Portfolio		14,515		309,253		2,739,749			3,063,517
U.S. Small Cap Portfolio		—		848,751		8,272,675			9,121,426
U.S. Micro Cap Portfolio		—		674,878		3,601,647			4,276,525
U.S. High Relative Profitability Portfolio		7,160		110,029		1,600,233			1,717,422
DFA Real Estate Securities Portfolio		93,898		96,126		5,118,441			5,308,465

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2021, the Portfolios did not have any capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2021, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):


U.S. Large Cap Equity Portfolio	$	6,619
U.S. Large Cap Value Portfolio		505,285
U.S. Targeted Value Portfolio		195,289
U.S. Small Cap Value Portfolio		572,029
U.S. Core Equity 1 Portfolio		151,063
U.S. Core Equity 2 Portfolio		152,348
U.S. Vector Equity Portfolio		23,852
U.S. Small Cap Portfolio		295,476
U.S. Micro Cap Portfolio		27,303
U.S. High Relative Profitability Portfolio		22,636

As of April 30, 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	$	349,005	$	3,753	$	(16,400)		$	(12,647	)
U.S. Large Cap Equity Portfolio		1,006,013		876,651		(25,402	)		851,249
U.S. Large Cap Value Portfolio		14,897,885		8,923,310		—			8,923,310
U.S. Targeted Value Portfolio		8,775,328		4,130,417		(508,848	)		3,621,569
U.S. Small Cap Value Portfolio		10,130,539		4,870,401		(451,805	)		4,418,596
U.S. Core Equity 1 Portfolio		14,103,560		16,633,593		(586,406	)		16,047,187
U.S. Core Equity 2 Portfolio		15,146,208		17,205,804		(594,448	)		16,611,356
U.S. Vector Equity Portfolio		2,566,749		2,277,703		(135,849	)		2,141,854
U.S. Small Cap Portfolio		9,146,403		6,197,881		(452,466	)		5,745,415
U.S. Micro Cap Portfolio		4,522,357		2,715,501		(288,601	)		2,426,900
U.S. High Relative Profitability Portfolio		4,095,369		1,305,389		(148,370	)		1,157,019
DFA Real Estate Securities Portfolio		5,808,979		4,872,941		(249,171	)		4,623,770

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

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

G. Capital Share Transactions:

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


	Six Months Ended April 30, 2022						Year Ended October 31, 2021
	(Unaudited)
	Amount			Shares			Amount			Shares
U.S. Targeted Value Portfolio
Class R1 Shares
Shares Issued	$	10,827			356		$	40,799			1,490
Shares Issued in Lieu of Cash Distributions		4,907			168			889			32
Shares Redeemed		(50,264	)		(1,639	)		(28,559	)		(1,012	)

Net Increase (Decrease) — Class R1 Shares	$	(34,530	)		(1,115	)	$	13,129			510

Class R2 Shares
Shares Issued	$	13,605			454		$	17,230			605
Shares Issued in Lieu of Cash Distributions		5,001			172			922			34
Shares Redeemed		(18,986	)		(636	)		(31,502	)		(1,173	)

Net Increase (Decrease) — Class R2 Shares	$	(380	)		(10	)	$	(13,350	)		(534	)

Institutional Class Shares


	Six Months Ended April 30, 2022						Year Ended October 31, 2021
	(Unaudited)
	Amount			Shares			Amount			Shares
Shares Issued	$	1,417,238			46,869		$	2,355,064			82,989
Shares Issued in Lieu of Cash Distributions		843,039			28,771			179,495			6,573
Shares Redeemed		(1,787,136	)		(59,128	)		(4,429,257	)		(160,274	)

Net Increase (Decrease) — Institutional Class Shares	$	473,141			16,512		$	(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.

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 six months ended April 30, 2022 was as follows (amounts in thousands):


	Forward Currency Contracts*		Futures**
Enhanced U.S. Large Company Portfolio	$	184,612	$	390,383
U.S. Targeted Value Portfolio		—		127,625
U.S. Small Cap Value Portfolio		—		176,846
U.S. Core Equity 1 Portfolio		—		277,038
U.S. Core Equity 2 Portfolio		—		289,858
U.S. Vector Equity Portfolio		—		38,482
U.S. Small Cap Portfolio		—		166,942
U.S. Micro Cap Portfolio		—		73,275
U.S. High Relative Profitability Portfolio		—		49,243
DFA Real Estate Securities Portfolio		—		105,836

*	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 April 30, 2022 (amounts in thousands):


	Asset Derivatives Value
	Total Value at April 30, 2022		Forward Currency Contracts (1)
Enhanced U.S. Large Company Portfolio	$	3,720	$	3,720


	Liability Derivatives Value
	Total Value at April 30, 2022			Forward Currency Contracts (2)			Equity Contracts*, (3)
Enhanced U.S. Large Company Portfolio	$	(22,052	)	$	(20	)	$	(22,032	)
U.S. Targeted Value Portfolio		(4,544	)		—			(4,544	)
U.S. Small Cap Value Portfolio		(10,735	)		—			(10,735	)
U.S. Core Equity 1 Portfolio		(7,361	)		—			(7,361	)
U.S. Core Equity 2 Portfolio		(7,785	)		—			(7,785	)
U.S. Vector Equity Portfolio		(1,054	)		—			(1,054	)
U.S. Small Cap Portfolio		(4,641	)		—			(4,641	)
U.S. Micro Cap Portfolio		(2,439	)		—			(2,439	)
U.S. High Relative Profitability Portfolio		(1,073	)		—			(1,073	)
DFA Real Estate Securities Portfolio		(5,699	)		—			(5,699	)

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

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

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Portfolios’ derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2022 (amounts in thousands):


	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
Enhanced U.S. Large Company Portfolio	$	(1,080	)	$	947	$	(2,027)
U.S. Large Cap Equity Portfolio		(19	)		—		(19	)*
U.S. Targeted Value Portfolio		(1,152	)		—		(1,152	)
U.S. Small Cap Value Portfolio		7,482			—		7,482
U.S. Core Equity 1 Portfolio		(14,555	)		—		(14,555	)
U.S. Core Equity 2 Portfolio		(16,250	)		—		(16,250	)
U.S. Vector Equity Portfolio		(3,306	)		—		(3,306	)
U.S. Small Cap Portfolio		(3,353	)		—		(3,353	)
U.S. Micro Cap Portfolio		(7,358	)		—		(7,358	)
U.S. High Relative Profitability Portfolio		(4,610	)		—		(4,610	)
DFA Real Estate Securities Portfolio		326			—		326


	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Forward Currency Contracts (3)		Equity Contracts (4)
Enhanced U.S. Large Company Portfolio	$	(28,387	)	$	6,330	$	(34,717	)
U.S. Targeted Value Portfolio		(7,306	)		—		(7,306	)
U.S. Small Cap Value Portfolio		(13,969	)		—		(13,969	)
U.S. Core Equity 1 Portfolio		(14,063	)		—		(14,063	)
U.S. Core Equity 2 Portfolio		(14,501	)		—		(14,501	)
U.S. Vector Equity Portfolio		(1,907	)		—		(1,907	)
U.S. Small Cap Portfolio		(10,329	)		—		(10,329	)
U.S. Micro Cap Portfolio		(4,297	)		—		(4,297	)
U.S. High Relative Profitability Portfolio		(2,015	)		—		(2,015	)
DFA Real Estate Securities Portfolio		(8,097	)		—		(8,097	)

(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 April 30, 2022, there were no futures contracts outstanding. During the six months ended April 30, 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 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 April 30, 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
State Street Bank and Trust	$	2,455	$	2,455		—			—		—	$	2,455		—		—		—			—		—		—
HSBC Bank		1,256		1,256		—			—		—		1,256		—		—		—			—		—		—
Bank of America Corp.		—		—		—			—		—		—	$	6	$	6		—			—		—	$	6
Citibank, N.A.		—		—		—			—		—		—		1		1		—			—		—		1
UBS AG		8		8	$	(8	)		—		—		—		12		12	$	(8	)		—		—		4

Total	$	3,719	$	3,719	$	(8	)		—		—	$	3,711	$	19	$	19	$	(8	)		—		—	$	11

(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:

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 a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on January 1, 2023.

For the six months ended April 30, 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 04/30/2022
U.S. Large Cap Equity Portfolio		0.96	%	$	8,865		4	$	1	$	16,742		—
U.S. Vector Equity Portfolio		1.08	%		1,245		4		—		1,245		—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 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.

For the six months ended April 30, 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 04/30/2022
U.S. Large Cap Equity Portfolio		Borrower		0.44	%	$	50,231		4	$	2	$	51,969		—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2022 that the Portfolio utilized the interfund lending program.

J. Affiliated Trades:

Cross trades for the six months ended April 30, 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 Investment Company Act of 1940 (the “1940 Act”). Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board of Directors of the Fund.

For the six months ended April 30, 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	$	6,658	$	24,911	$	3,377
U.S. Targeted Value Portfolio		127,752		67,301		(12,194	)
U.S. Small Cap Value Portfolio		229,919		129,047		51,241
U.S. Core Equity 1 Portfolio		64,766		86,004		13,658
U.S. Core Equity 2 Portfolio		49,442		39,127		13,812
U.S. Vector Equity Portfolio		24,053		13,267		6,550
U.S. Small Cap Portfolio		44,058		166,795		23,452
U.S. Micro Cap Portfolio		65,668		24,958		5,835
U.S. High Relative Profitability Portfolio		52,514		44,114		4,115
DFA Real Estate Securities Portfolio		21		42,775		8,856

K. Securities Lending:

As of April 30, 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	$	34,165
U.S. Targeted Value Portfolio		164,612
U.S. Small Cap Value Portfolio		239,058
U.S. Core Equity 1 Portfolio		521,890
U.S. Core Equity 2 Portfolio		559,561
U.S. Vector Equity Portfolio		83,009
U.S. Small Cap Portfolio		383,769
U.S. Micro Cap Portfolio		168,281
U.S. High Relative Profitability Portfolio		1,522
DFA Real Estate Securities Portfolio		165,512

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.

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 April 30, 2022 (amounts in thousands):


	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Enhanced U.S. Large Company Portfolio
Bonds	$	18,613		—		—		—	$	18,613
U.S. Large Cap Equity Portfolio
Common Stocks		5,478		—		—		—		5,478
U.S. Targeted Value Portfolio
Common Stocks, Preferred Stocks		538,165		—		—		—		538,165
U.S. Small Cap Value Portfolio
Common Stocks, Preferred Stocks		674,013		—		—		—		674,013
U.S. Core Equity 1 Portfolio
Common Stocks, Preferred Stocks		542,845		—		—		—		542,845
U.S. Core Equity 2 Portfolio
Common Stocks, Preferred Stocks		703,434		—		—		—		703,434
U.S. Vector Equity Portfolio
Common Stocks, Preferred Stocks		160,320		—		—		—		160,320
U.S. Small Cap Portfolio
Common Stocks, Preferred Stocks, Rights/Warrants		1,018,401		—		—		—		1,018,401
U.S. Micro Cap Portfolio
Common Stocks, Preferred Stocks, Rights/Warrants		552,909		—		—		—		552,909
U.S. High Relative Profitability Portfolio
Common Stocks		156		—		—		—		156


	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions DFA Real Estate Securities Portfolio
Common Stocks	$	130,624		—		—		—	$	130,624

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.

N. In-Kind Redemptions:

During the six months ended April 30, 2022, the Portfolio listed below realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):


U.S. Micro Cap Portfolio		$	21,523

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, eliminate the asset segregation framework currently used by the Portfolios to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Portfolios are required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Portfolios.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the _Valuation Rule”) under the Investment Company Act of 1940, establishing an updated regulatory framework for fund valuation. The Valuation Rule, in part, provides a framework for good faith fair value determination and permits a Board to designate fair value determinations to a fund’s investment adviser. Further, the SEC is rescinding previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021, with a compliance date of September 8, 2022. Management is currently evaluating the Valuation Rule and its effect on the Portfolios.

P. Russia and Ukraine Conflict:

As a result of the conflict between Russia and Ukraine that began in February 2022, economic sanctions have been placed on Russia and certain of its citizens. It is uncertain how long the conflict, economic sanctions, and any resulting effect on global markets will continue. Management is currently evaluating the effect of these developments on the Portfolios.

Q. Other:

As of April 30, 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		4		67	%
U.S. Large Cap Equity Portfolio-Institutional Class		4		85	%
U.S. Large Cap Value Portfolio-Institutional Class		3		66	%
U.S. Targeted Value Portfolio-Class R1		6		87	%
U.S. Targeted Value Portfolio-Class R2		6		91	%
U.S. Targeted Value Portfolio-Institutional Class		3		56	%
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		83	%
U.S. Vector Equity Portfolio-Institutional Class		4		82	%
U.S. Small Cap Portfolio-Institutional Class		3		56	%
U.S. Micro Cap Portfolio-Institutional Class		4		79	%
U.S. High Relative Profitability Portfolio-Institutional Class		3		87	%
DFA Real Estate Securities Portfolio-Institutional Class		4		69	%

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.

R. 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.

RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, DFA Investment Dimensions Group Inc. (“DFAIDG”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Directors. Directors were elected by the shareholders of all series of DFAIDG, including each of the Portfolios. The results of the voting were as follows:

DFAIDG

Proposal: Election of Directors*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1. Reena Aggarwal		9,921,508,370		63,420,976		9,984,929,347		99.36	%		0.64	%		100.00	%
2. David P. Butler		9,883,286,256		101,643,091		9,984,929,347		98.98	%		1.02	%		100.00	%
3. George M Constantinides		9,821,909,934		163,019,413		9,984,929,347		98.37	%		1.63	%		100.00	%
4. Douglas W. Diamond		9,882,157,782		102,771,565		9,984,929,347		98.97	%		1.03	%		100.00	%
5. Darrell Duffie		9,882,905,906		102,023,441		9,984,929,347		98.98	%		1.02	%		100.00	%
6. Francis A. Longstaff		9,921,901,084		63,028,263		9,984,929,347		99.37	%		0.63	%		100.00	%
7. Gerard K. O’Reilly		9,882,646,658		102,282,689		9,984,929,347		98.98	%		1.02	%		100.00	%
8. Abbie J. Smith		9,830,541,976		154,387,371		9,984,929,347		98.45	%		1.55	%		100.00	%
9. Heather E. Tookes		9,923,656,008		61,273,339		9,984,929,347		99.39	%		0.61	%		100.00	%
10. Ingrid M. Werner		9,883,645,976		101,283,371		9,984,929,347		98.99	%		1.01	%		100.00	%

*	Results are for all series within DFAIDG

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

Hypothetical Example for Comparison Purposes

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 April 30, 2022

EXPENSE TABLE


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA Commodity Strategy Portfolio
Actual Fund Return	$	1,000.00	$	1,230.70		0.31	%	$	1.71

CONSOLIDATED DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.26		0.31	%	$	1.56

(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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

DFA INVESTMENT DIMENSIONS GROUP INC.

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS


DFA Commodity Strategy Portfolio
Basic Materials	0.7	%
Communications	1.9	%
Consumer, Cyclical	4.9	%
Consumer, Non-cyclical	6.0	%
Energy	5.7	%
Financial	30.1	%
Foreign Government	3.7	%
Industrial	2.7	%
Supranational	1.5	%
Technology	2.8	%
U.S. Government	38.1	%
Utilities	1.9	%

	100.0	%

DFA COMMODITY STRATEGY PORTFOLIO

CONSOLIDATED SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Face Amount^		Value†
		(000)
BONDS — (60.6%)
AUSTRALIA — (2.5%)
APT Pipelines Ltd.
4.200%, 03/23/25			4,000	$	4,008,360
Bank of New Zealand
W 3.500%, 02/20/24			5,250		5,270,276
Glencore Funding LLC
4.125%, 03/12/24			2,225		2,234,549
4.625%, 04/29/24			7,350		7,437,238
Macquarie Bank Ltd.
W 2.300%, 01/22/25			2,390		2,309,026
New South Wales Treasury Corp.
5.000%, 08/20/24	AUD		13,500		10,030,203
Queensland Treasury Corp.
5.750%, 07/22/24	AUD		4,800		3,608,250
Westpac Banking Corp.
3.250%, 11/16/23	AUD		10,000		7,094,901

TOTAL AUSTRALIA					41,992,803

AUSTRIA — (0.1%)
Oesterreichische Kontrollbank AG
0.500%, 09/16/24			1,500		1,417,825

CANADA — (8.8%)
Bank of Montreal
2.500%, 06/28/24			3,000		2,947,516
0.625%, 07/09/24			1,350		1,270,680
Bank of Montreal, Floating Rate Note
(r) SOFR + 0.350%, FRN,
0.592%, 12/08/23			7,525		7,481,300
#(r) SOFR + 0.320%, FRN,
0.422%, 07/09/24			2,000		1,977,708
Bank of Nova Scotia
# 0.700%, 04/15/24			11,620		11,046,377
Bank of Nova Scotia, Floating Rate Note, SOFR + 0.380%, FRN
#(r) 0.660%, 07/31/24			1,000		992,759
Brookfield Asset Management, Inc.
4.000%, 01/15/25			6,200		6,263,134
Canadian Imperial Bank of Commerce
3.100%, 04/02/24			4,500		4,476,171
1.000%, 10/18/24			5,000		4,698,116
2.250%, 01/28/25			5,000		4,812,327


		Face Amount^		Value†
		(000)
CANADA — (Continued)
Canadian Imperial Bank of Commerce, Floating Rate
Note, SOFR + 0.400%, FRN
(r) 0.656%, 12/14/23			3,000	$	2,989,260
Canadian Natural Resources Ltd.
2.950%, 01/15/23			750		751,219
# 3.900%, 02/01/25			8,300		8,310,095
Enbridge, Inc.
4.000%, 10/01/23			7,000		7,066,798
# 2.500%, 01/15/25			2,000		1,939,658
ITC Holdings Corp.
3.650%, 06/15/24			9,000		8,984,963
National Bank of Canada
2.100%, 02/01/23			2,500		2,488,661
0.750%, 08/06/24			9,350		8,784,832
Quebec, Province of Canada
4.200%, 03/10/25	AUD		2,000		1,438,420
Royal Bank of Canada
2.333%, 12/05/23	CAD		25,000		19,186,549
0.650%, 07/29/24			1,750		1,644,810
Royal Bank of Canada, Floating Rate Note
#(r) SOFR + 0.300%, FRN,
0.420%, 01/19/24			1,950		1,935,858
#(r) SOFR + 0.360%, FRN,
0.512%, 07/29/24			7,750		7,708,617
Suncor Energy, Inc.
2.800%, 05/15/23			6,900		6,877,466
Thomson Reuters Corp.
3.850%, 09/29/24			5,000		5,009,861
Toronto-Dominion Bank
2.850%, 03/08/24	CAD		10,000		7,669,326
3.250%, 03/11/24			1,750		1,750,219
0.700%, 09/10/24			4,500		4,237,208
Toronto-Dominion Bank,
Floating Rate Note, SOFR
+ 0.240%, FRN
(r) 0.522%, 01/06/23			3,296		3,290,595

TOTAL CANADA					148,030,503

DENMARK — (0.4%)
Danske Bank AS
5.375%, 01/12/24			6,132		6,254,292
5.375%, 01/12/24			1,000		1,019,943

TOTAL DENMARK					7,274,235

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


		Face Amount^		Value†
		(000)
FRANCE — (2.9%)
BNP Paribas SA
W 2.950%,05/23/22			2,000	$	2,001,786
#W 3.375%,01/09/25			7,000		6,875,629
BPCE SA
# 4.000%,04/15/24			500		504,895
# 2.375%,01/14/25			7,985		7,633,793
Credit Agricole SA
3.875%, 04/15/24			3,550		3,571,967
# 3.250%,10/04/24			5,000		4,950,869
Societe Generale SA
#W 3.875%,03/28/24			10,500		10,461,465
Total Capital International SA
# 3.750%,04/10/24			13,004		13,132,536

TOTAL FRANCE					49,132,940

GERMANY — (3.0%)
Bayer U.S. Finance II LLC
W 3.875%,12/15/23			3,500		3,527,735
Bayer U.S. Finance LLC
3.375%, 10/08/24			6,000		5,933,506
BMW U.S. Capital LLC
#W 0.800%,04/01/24			2,000		1,909,671
0.750%, 08/12/24			2,290		2,168,043
BMW U.S. Capital LLC,
Floating Rate Note, SOFR
+ 0.530%, FRN
(r)W 0.800%,04/01/24			8,000		7,987,672
Daimler Finance North
America LLC
W 2.550%,08/15/22			1,100		1,101,633
W 2.125%,03/10/25			5,000		4,778,588
Deutsche Bank AG
3.950%, 02/27/23			1,695		1,704,894
Kreditanstalt fuer Wiederaufbau
5.000%, 03/19/24	AUD		2,000		1,466,963
1.500%, 07/24/24	AUD		8,800		6,010,975
Landwirtschaftliche Rentenbank
4.750%, 04/08/24	AUD		10,000		7,304,751
NRW Bank
1.600%, 07/31/24	AUD		4,000		2,724,157
Volkswagen Group of
America Finance LLC
W 2.700%,09/26/22			4,000		3,998,756

TOTAL GERMANY					50,617,344


IRELAND — (0.6%)

AerCap Ireland Capital DAC/AerCap Global Aviation Trust
# 4.875%,01/16/24			7,500		7,542,585


		Face Amount^		Value†
		(000)
IRELAND — (Continued)
2.875%, 08/14/24			2,450	$	2,356,663

TOTAL IRELAND					9,899,248

ITALY —(0.5%)
Republic of Italy Government International Bond
0.875%, 05/06/24			8,000		7,610,352

JAPAN — (5.6%)
Aircastle Ltd.
# 4.125%, 05/01/24			8,900		8,853,360
American Honda Finance Corp.
1.950%, 05/20/22			1,500		1,500,631
3.550%, 01/12/24			3,000		3,020,304
0.550%, 07/12/24			10,000		9,442,074
Mitsubishi UFJ Financial Group, Inc.
2.193%, 02/25/25			9,600		9,204,984
Mizuho Financial Group, Inc.
# 2.601%,09/11/22			2,173		2,178,081
MUFG Bank Ltd.
W 3.250%,09/08/24			2,000		1,982,684
Nissan Motor Acceptance Co. LLC
1.125%, 09/16/24			6,750		6,272,958
Nissan Motor Co. Ltd.
3.043%, 09/15/23			3,801		3,763,428
Nomura Holdings, Inc.
2.648%, 01/16/25			8,390		8,124,688
Sumitomo Mitsui Financial Group, Inc.
2.696%, 07/16/24			9,500		9,310,502
2.348%, 01/15/25			5,500		5,288,779
Sumitomo Mitsui Trust Bank Ltd.
#W 0.800%,09/12/23			12,500		12,108,445
#W 0.850%,03/25/24			750		714,103
Toyota Motor Credit Corp.
2.500%, 03/22/24			10,000		9,891,639
0.625%, 09/13/24			2,000		1,886,524

TOTAL JAPAN					93,543,184

NETHERLANDS — (0.7%)
Cooperatieve Rabobank UA
2.625%, 07/22/24			6,940		6,799,091
ING Groep NV
3.550%, 04/09/24			5,000		4,989,836

TOTAL NETHERLANDS					11,788,927

NEW ZEALAND — (1.7%)
New Zealand Government Bond
0.500%, 05/15/24	NZD		45,900		28,007,070

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	$	939,063

TOTAL NEW ZEALAND					28,946,133

SPAIN — (0.8%)
Banco Santander SA
3.496%, 03/24/25			7,000		6,886,265
Santander Holdings USA, Inc.
3.400%, 01/18/23			2,000		2,005,513
# 3.500%, 06/07/24			5,000		4,969,210

TOTAL SPAIN					13,860,988

SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.4%)
African Development Bank
4.750%, 03/06/24	AUD		12,000		9,178,331
Asian Development Bank
1.100%, 08/15/24	AUD		6,200		4,191,458
European Investment Bank
4.750%, 08/07/24	AUD		1,000		732,454
Inter-American Development Bank
4.750%, 08/27/24	AUD		1,000		732,593
Nordic Investment Bank
4.750%, 02/28/24	AUD		3,300		2,406,795
0.375%, 09/20/24			7,550		7,116,856

TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS					24,358,487

SWEDEN — (2.1%)
Skandinaviska Enskilda Banken AB
#W 0.650%, 09/09/24			26,136		24,496,311
Svensk Exportkredit AB
0.625%, 10/07/24			10,600		10,030,250

TOTAL SWEDEN					34,526,561

SWITZERLAND — (1.0%)
Credit Suisse AG
3.625%, 09/09/24			6,560		6,546,700
UBS AG, Floating Rate Note, SOFR + 0.360%, FRN
(r)W 0.536%, 02/09/24			11,000		10,957,056

TOTAL SWITZERLAND					17,503,756

UNITED KINGDOM — (2.7%)
BAT Capital Corp.
3.222%, 08/15/24			9,200		9,072,130


	Face Amount^		Value†
	(000)
UNITED KINGDOM — (Continued)
BP Capital Markets PLC
3.814%, 02/10/24		13,500	$	13,617,915
CNH Industrial Capital LLC
1.950%, 07/02/23		4,000		3,937,762
HSBC Holdings PLC
3.600%, 05/25/23		3,200		3,223,819
NatWest Markets PLC
#W 2.375%, 05/21/23		2,900		2,869,623
W 0.800%, 08/12/24		12,000		11,231,044
Reckitt Benckiser Treasury Services PLC
2.750%, 06/26/24		658		649,148

TOTAL UNITED KINGDOM				44,601,441

UNITED STATES — (25.8%)
AbbVie, Inc.
# 2.900%, 11/06/22		6,500		6,517,251
Aetna, Inc.
# 2.750%, 11/15/22		886		887,443
3.500%, 11/15/24		1,600		1,597,780
Air Lease Corp.
2.250%, 01/15/23		2,414		2,405,091
Ally Financial, Inc.
3.875%, 05/21/24		2,500		2,508,600
5.125%, 09/30/24		7,000		7,205,461
American Express Co.
2.500%, 08/01/22		3,569		3,574,797
2.250%, 03/04/25		10,000		9,643,980
American Tower Corp.
3.375%, 05/15/24		1,900		1,894,535
Ameriprise Financial, Inc.
3.000%, 04/02/25		5,000		4,937,796
Anthem, Inc.
2.375%, 01/15/25		11,000		10,651,408
Ares Capital Corp.
4.200%, 06/10/24		9,500		9,505,978
Arrow Electronics, Inc.
3.250%, 09/08/24		1,500		1,483,082
AT&T, Inc.
# 3.950%, 01/15/25		3,000		3,051,038
Bank of America Corp.
# 3.300%, 01/11/23		5,000		5,040,216
# 4.125%, 01/22/24		5,000		5,072,800
Boeing Co.
2.200%, 10/30/22		3,500		3,490,022
Boeing Co. (The)
# 2.800%, 03/01/23		4,000		3,982,881
Booking Holdings, Inc.
# 3.650%, 03/15/25		10,000		10,018,035
Boston Scientific Corp.
# 3.450%, 03/01/24		875		875,899

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


	Face Amount^		Value†
	(000)
UNITED STATES — (Continued)
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.625%, 01/15/24		8,000	$	8,041,625
Bunge Ltd. Finance Corp.
3.000%, 09/25/22		2,000		2,006,212
Campbell Soup Co.
3.300%, 03/19/25		10,000		9,878,847
Capital One Financial Corp.
# 3.300%, 10/30/24		1,486		1,466,934
# 3.200%, 02/05/25		6,400		6,289,900
Cardinal Health, Inc.
# 3.079%, 06/15/24		9,750		9,660,996
Carrier Global Corp.
2.242%, 02/15/25		1,244		1,190,830
Charles Schwab Corp., Floating Rate Note, SOFR + 0.500%, FRN
(r) 0.770%, 03/18/24		3,073		3,069,138
Cigna Corp.
3.750%, 07/15/23		1,163		1,172,916
Cintas Corp. No. 2
3.450%, 05/01/25		2,200		2,190,746
CNA Financial Corp.
3.950%, 05/15/24		2,000		2,012,320
Discovery Communications LLC
# 3.800%, 03/13/24		8,000		7,999,949
Eastern Energy Gas Holdings LLC
2.500%, 11/15/24		1,827		1,782,821
eBay, Inc.
2.750%, 01/30/23		3,800		3,804,136
Edison International
2.400%, 09/15/22		2,400		2,391,050
2.950%, 03/15/23		1,522		1,516,642
3.550%, 11/15/24		2,000		1,975,973
4.950%, 04/15/25		3,000		3,052,111
Energy Transfer LP/Regency Energy Finance Corp.
4.500%, 11/01/23		9,000		9,080,944
Fiserv, Inc.
# 2.750%, 07/01/24		5,000		4,923,301
General Motors Financial Co., Inc.
3.550%, 07/08/22		1,088		1,091,942
# 3.250%, 01/05/23		4,350		4,367,974
5.100%, 01/17/24		2,000		2,044,826
# 1.200%, 10/15/24		2,000		1,877,505
Georgia-Pacific LLC
3.600%, 03/01/25		2,000		2,001,309
GlaxoSmithKline Capital PLC
3.000%, 06/01/24		4,361		4,348,684
Global Payments, Inc.
3.750%, 06/01/23		4,000		4,018,802


	Face Amount^		Value†
	(000)
UNITED STATES — (Continued)
2.650%, 02/15/25		3,000	$	2,894,974
Goldman Sachs Group, Inc.
# 3.200%, 02/23/23		4,500		4,515,843
3.500%, 01/23/25		5,000		4,952,704
Goldman Sachs Group, Inc. (The)
# 3.625%, 01/22/23		1,503		1,514,265
Harley-Davidson Financial Services, Inc.
3.350%, 02/15/23		1,200		1,200,111
Hewlett Packard Enterprise Co.
1.450%, 04/01/24		10,750		10,358,501
International Business Machines Corp.
3.625%, 02/12/24		1,750		1,763,764
3.000%, 05/15/24		11,000		10,947,191
John Deere Capital Corp.
# 2.050%, 01/09/25		7,000		6,802,062
JPMorgan Chase & Co.
3.250%, 09/23/22		4,112		4,135,563
3.625%, 05/13/24		493		497,070
# 3.125%, 01/23/25		8,500		8,403,392
Kinder Morgan EnergyPartners LP
3.950%, 09/01/22		2,120		2,121,602
Kinder Morgan, Inc.
#W 5.625%, 11/15/23		4,336		4,443,356
Laboratory Corp. of America Holdings
3.600%, 02/01/25		763		759,459
Lennar Corp.
# 4.500%, 04/30/24		5,000		5,073,701
LyondellBasell Industries NV
5.750%, 04/15/24		570		589,409
Marathon Petroleum Corp.
# 3.625%, 09/15/24		5,000		4,975,139
Medtronic, Inc.
3.500%, 03/15/25		5,000		5,016,416
Morgan Stanley
3.125%, 01/23/23		7,700		7,730,300
3.875%, 04/29/24		7,253		7,301,828
MPLX LP
4.875%, 12/01/24		3,750		3,821,836
Mylan, Inc.
3.125%, 01/15/23		5,000		5,000,741
NextEra Energy Capital Holdings, Inc., Floating Rate Note, SOFR + 0.540%, FRN
#(r) 0.764%, 03/01/23		7,000		6,991,716
Nuveen Finance LLC
4.125%, 11/01/24		11,250		11,313,038

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


	Face Amount^		Value†
	(000)
UNITED STATES — (Continued)
Oracle Corp.
# 2.950%, 11/15/24		10,000	$	9,793,746
Penske Truck Leasing Co. LP/PTL Finance Corp.
4.250%, 01/17/23		4,000		4,037,320
4.125%, 08/01/23		2,022		2,036,147
Raytheon Technologies Corp.
# 3.200%, 03/15/24		4,040		4,047,091
Ryder System, Inc.
# 3.650%, 03/18/24		8,033		8,005,054
Schlumberger Holdings Corp.
#W 3.750%, 05/01/24		7,600		7,646,158
Simon Property Group LP
2.000%, 09/13/24		7,937		7,692,939
Southwest Airlines Co.
4.750%, 05/04/23		4,750		4,832,832
Stellantis NV
5.250%, 04/15/23		7,040		7,158,906
UnitedHealth Group, Inc.
# 3.500%, 02/15/24		12,000		12,097,622
Unum Group
4.000%, 03/15/24		1,119		1,125,654
Ventas Realty LP
2.650%, 01/15/25		1,000		968,292
# 3.500%, 02/01/25		9,600		9,503,055
Verizon Communications, Inc., Floating Rate Note, SOFR + 0.500%, FRN
(r) 0.772%, 03/22/24		811		809,495
Vornado Realty LP
3.500%, 01/15/25		8,357		8,261,823
Waste Management, Inc.
2.400%, 05/15/23		2,207		2,197,893
Wells Fargo & Co.
# 3.300%, 09/09/24		10,000		9,963,665
3.000%, 02/19/25		5,000		4,910,121


	Face Amount^		Value†
	(000)
UNITED STATES — (Continued)
Williams Cos., Inc.
3.350%, 08/15/22		995	$	995,379
Williams Cos., Inc. (The)
3.700%, 01/15/23		7,000		7,031,529
3.900%, 01/15/25		1,500		1,496,506

TOTAL UNITED STATES				435,337,734

TOTAL BONDS				1,020,442,461

U.S. TREASURY OBLIGATIONS — (37.3%)
U.S. Treasury Note
~« 0.250%, 06/15/24		46,000		43,626,328
U.S. Treasury Notes
0.125%, 08/31/23		64,000		62,047,500
~« 0.125%, 09/15/23		62,000		60,069,766
0.500%, 11/30/23		160,000		154,843,750
0.750%, 12/31/23		14,000		13,572,344
0.875%, 01/31/24		14,000		13,575,625
~« 0.375%,04/15/24		145,500		139,054,804
0.250%, 05/15/24		117,000		111,264,258
~« 0.375%,08/15/24		33,000		31,224,961

TOTAL U.S. TREASURY OBLIGATIONS				629,279,336

TOTAL INVESTMENT SECURITIES (Cost $1,702,293,539)				1,649,721,797


	Shares
SECURITIES LENDING COLLATERAL — (2.1%)
@§ The DFA Short Term Investment Fund		3,036,114		35,118,732

TOTAL INVESTMENTS (100.0%) (Cost $1,737,412,681)			$	1,684,840,529

As of April 30, 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

31,400,534

NZD

45,232,274

HSBC Bank

05/02/22

$2,198,583

USD

28,976,705

NZD

44,833,448

Bank of America Corp.

06/02/22

30,919

USD

53,108,314

NOK

476,653,713

HSBC Bank

06/14/22

2,283,299

USD

11,562,968

AUD

16,175,916

HSBC Bank

07/08/22

120,411

USD

11,408,906

AUD

16,060,557

Royal Bank of Scotland

07/08/22

47,951

USD

35,834,606

AUD

48,771,627

State Street Bank and Trust

07/08/22

1,334,418

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Foreign Exchange Appreciation (Depreciation)
USD	49,501,131	CAD	62,665,298	State Street Bank and Trust		07/12/22		$732,853

Total Appreciation							$	6,748,434
NZD	45,232,274	USD	29,238,594	Bank of America Corp.		05/02/22	$	(36,643	)
NOK	246,072,116	USD	28,173,917	HSBC Bank		06/14/22		(1,935,542	)
NOK	230,581,597	USD	26,511,399	Royal Bank of Scotland		06/14/22		(1,924,759	)
CAD	27,867,258	USD	21,712,183	BNY Mellon		07/12/22		(24,931	)

Total (Depreciation)							$	(3,921,875	)

Total Appreciation (Depreciation)							$	2,826,559

As of April 30, 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		128			07/14/22		$ 4,730,716		$	5,206,400		$	475,684
CBOT Soybean Futures		58			07/14/22		4,630,342			4,885,775			255,433
CBOT Soybean Meal Futures		59			07/14/22		2,647,637			2,550,570			(97,067	)
CBOT Soybean Oil Futures		62			07/14/22		2,640,224			3,131,496			491,272
CBOT Wheat Futures		53			07/14/22		2,694,074			2,797,737			103,663
CME Lean Hogs Futures		36			06/14/22		1,705,810			1,531,800			(174,010	)
CME Live Cattle Futures		95			06/30/22		2,087,316			2,037,560			(49,756	)
CME Live Cattle Futures		45			06/30/22		2,465,756			2,387,700			(78,056	)
COMEX Copper Futures		34			07/27/22		4,046,890			3,747,225			(299,665	)
Comex Gold 100 Troy Oz. Futures		58			06/28/22		11,274,033			11,087,860			(186,173	)
Ice Brent Crude Oil Futures		59			05/31/22		6,114,428			6,321,261			206,833
ICE Gasoil Futures		26			07/12/22		2,500,040			2,859,350			359,310
KCBT Hard Red Winter Wheat Futures		30			07/14/22		1,633,962			1,658,625			24,663
LME Nickel Futures		18			05/16/22		2,486,643			3,428,676			942,033
LME Nickel Futures		15			07/18/22		3,024,572			2,859,030			(165,542	)
LME Primary Aluminium Futures		69			05/16/22		5,521,755			5,236,238			(285,517	)
LME Primary Aluminum Futures		40			07/18/22		3,365,868			3,050,250			(315,618	)
LME Silver Futures		29			07/27/22		3,583,494			3,347,325			(236,169	)
LME Zinc Futures		41			05/16/22		3,808,117			4,244,781			436,664
LME Zinc Futures		24			07/18/22		2,512,608			2,467,650			(44,958	)
NYBOT CSC ’C’ Coffee Futures		22			07/19/22		1,865,425			1,832,325			(33,100	)
NYBOT CTN No. 2 Cotton Futures		18			07/07/22		1,203,010			1,310,670			107,660
NYMEX Henry Hub Natural Gas Futures		149			06/28/22		9,351,393			10,958,950			1,607,557
NYMEX NY Harbor ULSD Futures		14			06/30/22		1,900,035			2,174,130			274,095
RBOB Gasoline Futures		15			06/30/22		1,961,652			2,125,872			164,220
WTI Crude Futures		70			06/21/22		7,030,505			7,205,800			175,295

Total						$	96,786,305		$	100,445,056		$	3,658,751
Short Position contracts:
LME Nickel Futures		(18	)		05/16/22		(3,410,235	)		(3,428,676	)		(18,441	)
LME Primary Aluminum Futures.		(69	)		05/16/22		(5,824,156	)		(5,236,238	)		587,918
LME Zinc Futures		(41	)		05/16/22		(4,094,322	)		(4,244,781	)		(150,459	)
Total						$	(13,328,713	)	$	(12,909,695	)	$	419,018

Total Futures Contracts						$	83,457,592		$	87,535,361		$	4,077,769

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

As of April 30, 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				3 Month USD UST 13-Week Bill High
Total Return Index (1)	Bank of America Corp.		USD 196,347,423	Discount Rate plus 0.14%		06/28/22		—		—	$	(635,675	)	$	(635,675	)
BofA Merrill Lynch Total Return Index (2)	Bank of America Corp.		USD 203,554,365	3 Month USD UST 13-Week Bill High Discount Rate plus 0.19%		06/28/22		—		—		(665,538	)		(665,538	)
Citi Commodities Pre-Roll RS Total Return Index (3)	Citibank, N.A.		USD 264,113,213	3 Month USD UST 13-Week Bill High Discount Rate plus 0.18%		06/28/22		—		—		(861,180	)		(861,180	)
Citi Custom CIVICS H Total Return Index (4)	Citibank, N.A.		USD 101,300,151	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		06/28/22		—		—		(233,103	)		(233,103	)
Credit Suisse Custom 141 Total Return Index (5)	Credit Suisse		USD 276,927,633	3 Month USD UST 13-Week Bill High Discount Rate plus 0.18%		05/26/22		—		—		5,967,216			5,967,216
Credit Suisse Custom 57 Total Return Index (6)	Credit Suisse		USD 236,541,428	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		05/26/22		—		—		4,854,430			4,854,430
UBS UBSIB190 Custom Strategy (7)	UBS AG		USD 555,897,428	3 Month USD UST 13-Week Bill High Discount Rate plus 0.14%		07/29/22		—		—		(888,698	)		(888,698	)

Total								—		—	$	7,537,452		$	7,537,452

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

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

(1)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.59	%	$	7,012,800
CBOT Corn Futures		5.93	%		11,652,593
NYMEX Light Sweet Crude Oil Futures		8.26	%		16,226,421
ICE Brent Crude Oil Futures		6.92	%		13,596,189
NYBOT CTN No. 2 Cotton Futures		1.50	%		2,952,375
COMEX Gold 100 Troy Oz. Futures		12.67	%		24,875,131
COMEX Copper Futures		4.31	%		8,455,257

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


Futures Contract	% of Index			Notional Amount
NYMEX NY Harbor ULSD Futures		2.44	%		4,793,971
NYBOT CSC ’C’ Coffee Futures		2.06	%		4,053,559
KCBT Hard Red Winter Wheat Futures		1.89	%		3,703,341
LME Primary Aluminum Futures		3.49	%		6,858,074
CME Live Cattle Futures		2.78	%		5,456,084
CME Lean Hogs Futures		1.83	%		3,600,671
LME Nickel Futures		3.33	%		6,531,294
LME Zinc Futures		2.84	%		5,571,755
NYMEX Henry Hub Natural Gas Futures		12.56	%		24,664,223
ICE Gasoil Futures		3.26	%		6,405,864
CBOT Soybean Futures		5.54	%		10,876,533
NYBOT CSC No. 11 World Sugar Futures		2.32	%		4,551,254
COMEX Silver Futures		3.89	%		7,640,115
CBOT Soybean Meal Futures		2.92	%		5,728,055
CBOT Wheat Futures		3.17	%		6,232,039
NYMEX Reformulated Gasoline Blend Futures		2.50	%		4,909,825

Total Notional Amount				$	196,347,423

(2)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		4.28	%	$	8,710,539
CBOT Corn Futures		7.15	%		14,548,584
NYMEX Light Sweet Crude Oil Futures		8.14	%		16,560,491
ICE Brent Crude Oil Futures		7.09	%		14,433,604
NYBOT CTN No. 2 Cotton Futures		1.73	%		3,525,527
COMEX Gold 100 Troy Oz. Futures		10.15	%		20,654,631
COMEX Copper Futures		3.45	%		7,032,310
NYMEX NY Harbor ULSD Futures		2.94	%		5,990,466
NYBOT CSC ’C’ Coffee Futures		1.66	%		3,374,332
KCBT Hard Red Winter Wheat Futures		1.91	%		3,892,474
LME Primary Aluminum Futures		3.52	%		7,167,972
CME Live Cattle Futures		2.20	%		4,482,081
CME Lean Hogs Futures		2.27	%		4,619,861
LME Nickel Futures		2.67	%		5,442,067
LME Zinc Futures		2.87	%		5,831,930
NYMEX Henry Hub Natural Gas Futures		12.62	%		25,671,629
ICE Gasoil Futures		3.93	%		8,004,660
CBOT Soybean Futures		6.73	%		13,703,293
NYBOT CSC No. 11 World Sugar Futures		1.86	%		3,791,447
COMEX Silver Futures		3.13	%		6,364,640
CBOT Soybean Meal Futures		3.57	%		7,268,308
CBOT Wheat Futures		3.21	%		6,538,353
NYMEX Reformulated Gasoline Blend Futures		2.92	%		5,945,166

Total Notional Amount				$	203,554,365

100

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED

(3)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		4.28	%	$	11,301,986
CBOT Corn Futures		7.15	%		18,876,889
NYMEX Light Sweet Crude Oil Futures		8.14	%		21,487,353
ICE Brent Crude Oil Futures		7.09	%		18,727,702
NYBOT CTN No. 2 Cotton Futures		1.73	%		4,574,395
COMEX Gold 100 Troy Oz. Futures		10.15	%		26,799,528
COMEX Copper Futures		3.45	%		9,124,471
NYMEX NY Harbor ULSD Futures		2.94	%		7,772,672
NYBOT CSC ’C’ Coffee Futures		1.66	%		4,378,219
KCBT Hard Red Winter Wheat Futures		1.91	%		5,050,512
LME Primary Aluminum Futures		3.52	%		9,300,494
CME Live Cattle Futures		2.20	%		5,815,531
CME Lean Hogs Futures		2.27	%		5,994,302
LME Nickel Futures		2.67	%		7,061,120
LME Zinc Futures		2.87	%		7,566,970
NYMEX Henry Hub Natural Gas Futures		12.62	%		33,309,120
ICE Gasoil Futures		3.93	%		10,386,103
CBOT Soybean Futures		6.73	%		17,780,119
NYBOT CSC No. 11 World Sugar Futures		1.86	%		4,919,429
COMEX Silver Futures		3.13	%		8,258,165
CBOT Soybean Meal Futures		3.57	%		9,430,680
CBOT Wheat Futures		3.21	%		8,483,558
NYMEX Reformulated Gasoline Blend Futures		2.92	%		7,713,895

Total Notional Amount				$	264,113,213

(4)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.59	%	$	3,618,065
CBOT Corn Futures		5.93	%		6,011,841
NYMEX Light Sweet Crude Oil Futures		8.26	%		8,371,584
ICE Brent Crude Oil Futures		6.92	%		7,014,586
NYBOT CTN No. 2 Cotton Futures		1.50	%		1,523,198
COMEX Gold 100 Troy Oz. Futures		12.67	%		12,833,654
COMEX Copper Futures		4.31	%		4,362,262
NYMEX NY Harbor ULSD Futures		2.44	%		2,473,320
NYBOT CSC ’C’ Coffee Futures		2.06	%		2,091,324
KCBT Hard Red Winter Wheat Futures		1.89	%		1,910,639
LME Primary Aluminum Futures		3.49	%		3,538,238
CME Live Cattle Futures		2.78	%		2,814,919
CME Lean Hogs Futures		1.83	%		1,857,669
LME Nickel Futures		3.33	%		3,369,645
LME Zinc Futures		2.84	%		2,874,596
NYMEX Henry Hub Natural Gas Futures		12.56	%		12,724,840
ICE Gasoil Futures		3.26	%		3,304,932
CBOT Soybean Futures		5.54	%		5,611,453
NYBOT CSC No. 11 World Sugar Futures		2.32	%		2,348,096
COMEX Silver Futures		3.89	%		3,941,711
CBOT Soybean Meal Futures		2.92	%		2,955,235

101

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


Futures Contract	% of Index			Notional Amount
CBOT Wheat Futures		3.17	%		3,215,252
NYMEX Reformulated Gasoline Blend Futures		2.50	%		2,533,092

Total Notional Amount				$	101,300,151

(5)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		4.28	%	$	11,850,343
CBOT Corn Futures		7.15	%		19,792,771
NYMEX Light Sweet Crude Oil Futures		8.14	%		22,529,890
ICE Brent Crude Oil Futures		7.09	%		19,636,345
NYBOT CTN No. 2 Cotton Futures		1.73	%		4,796,339
COMEX Gold 100 Troy Oz. Futures		10.15	%		28,099,805
COMEX Copper Futures		3.45	%		9,567,178
NYMEX NY Harbor ULSD Futures		2.94	%		8,149,791
NYBOT CSC ’C’ Coffee Futures		1.66	%		4,590,644
KCBT Hard Red Winter Wheat Futures		1.91	%		5,295,556
LME Primary Aluminum Futures		3.52	%		9,751,742
CME Live Cattle Futures		2.20	%		6,097,693
CME Lean Hogs Futures		2.27	%		6,285,138
LME Nickel Futures		2.67	%		7,403,716
LME Zinc Futures		2.87	%		7,934,110
NYMEX Henry Hub Natural Gas Futures		12.62	%		34,925,233
ICE Gasoil Futures		3.93	%		10,890,023
CBOT Soybean Futures		6.73	%		18,642,787
NYBOT CSC No. 11 World Sugar Futures		1.86	%		5,158,113
COMEX Silver Futures		3.13	%		8,658,840
CBOT Soybean Meal Futures		3.57	%		9,888,244
CBOT Wheat Futures		3.21	%		8,895,169
NYMEX Reformulated Gasoline Blend Futures		2.92	%		8,088,163

Total Notional Amount				$	276,927,633

(6)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.59	%	$	8,448,380
CBOT Corn Futures		5.93	%		14,037,979
NYMEX Light Sweet Crude Oil Futures		8.26	%		19,548,109
ICE Brent Crude Oil Futures		6.92	%		16,379,446
NYBOT CTN No. 2 Cotton Futures		1.50	%		3,556,751
COMEX Gold 100 Troy Oz. Futures		12.67	%		29,967,284
COMEX Copper Futures		4.31	%		10,186,121
NYMEX NY Harbor ULSD Futures		2.44	%		5,775,338
NYBOT CSC ’C’ Coffee Futures		2.06	%		4,883,357
KCBT Hard Red Winter Wheat Futures		1.89	%		4,461,447
LME Primary Aluminum Futures		3.49	%		8,261,981
CME Live Cattle Futures		2.78	%		6,572,991
CME Lean Hogs Futures		1.83	%		4,337,759

102

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


Futures Contract	% of Index			Notional Amount
LME Nickel Futures		3.33	%		7,868,306
LME Zinc Futures		2.84	%		6,712,341
NYMEX Henry Hub Natural Gas Futures		12.56	%		29,713,201
ICE Gasoil Futures		3.26	%		7,717,199
CBOT Soybean Futures		5.54	%		13,103,053
NYBOT CSC No. 11 World Sugar Futures		2.32	%		5,482,935
COMEX Silver Futures		3.89	%		9,204,113
CBOT Soybean Meal Futures		2.92	%		6,900,637
CBOT Wheat Futures		3.17	%		7,507,791
NYMEX Reformulated Gasoline Blend Futures		2.50	%		5,914,909

Total Notional Amount				$	236,541,428

(7)	The following table represents the individual positions within the Total Return Swap as of April 30, 2022:

Referenced Commodity — Long Position


Futures Contract	% of Index			Notional Amount
CBOT Soybean Oil Futures		3.59	%	$	19,854,589
CBOT Corn Futures		5.93	%		32,990,739
NYMEX Light Sweet Crude Oil Futures		8.26	%		45,940,129
ICE Brent Crude Oil Futures		6.92	%		38,493,433
NYBOT CTN No. 2 Cotton Futures		1.50	%		8,358,743
COMEX Gold 100 Troy Oz. Futures		12.67	%		70,426,299
COMEX Copper Futures		4.31	%		23,938,464
NYMEX NY Harbor ULSD Futures		2.44	%		13,572,657
NYBOT CSC ’C’ Coffee Futures		2.06	%		11,476,406
KCBT Hard Red Winter Wheat Futures		1.89	%		10,484,873
LME Primary Aluminum Futures		3.49	%		19,416,532
CME Live Cattle Futures		2.78	%		15,447,225
CME Lean Hogs Futures		1.83	%		10,194,193
LME Nickel Futures		3.33	%		18,491,352
LME Zinc Futures		2.84	%		15,774,712
NYMEX Henry Hub Natural Gas Futures		12.56	%		69,829,172
ICE Gasoil Futures		3.26	%		18,136,236
CBOT Soybean Futures		5.54	%		30,793,562
NYBOT CSC No. 11 World Sugar Futures		2.32	%		12,885,477
COMEX Silver Futures		3.89	%		21,630,640
CBOT Soybean Meal Futures		2.92	%		16,217,229
CBOT Wheat Futures		3.17	%		17,644,104
NYMEX Reformulated Gasoline Blend Futures		2.50	%		13,900,662

Total Notional Amount				$	555,897,428

Summary of the Portfolio’s investments as of April 30, 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		—	$	41,992,803		—	$	41,992,803
Austria		—		1,417,825		—		1,417,825
Canada		—		148,030,503		—		148,030,503

103

DFA COMMODITY STRATEGY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Denmark		—	$	7,274,235		—	$	7,274,235
France		—		49,132,940		—		49,132,940
Germany		—		50,617,344		—		50,617,344
Ireland		—		9,899,248		—		9,899,248
Italy		—		7,610,352		—		7,610,352
Japan		—		93,543,184		—		93,543,184
Netherlands		—		11,788,927		—		11,788,927
New Zealand		—		28,946,133		—		28,946,133
Spain		—		13,860,988		—		13,860,988
Supranational Organization Obligations		—		24,358,487		—		24,358,487
Sweden		—		34,526,561		—		34,526,561
Switzerland		—		17,503,756		—		17,503,756
United Kingdom		—		44,601,441		—		44,601,441
United States		—		435,337,734		—		435,337,734
U.S. Treasury Obligations		—		629,279,336		—		629,279,336
Securities Lending Collateral		—		35,118,732		—		35,118,732
Forward Currency Contracts**		—		2,826,559		—		2,826,559
Futures Contracts**	$	4,077,769		—		—		4,077,769
Swap Agreements**		—		7,537,452		—		7,537,452

TOTAL	$	4,077,769	$	1,695,204,540		—	$	1,699,282,309

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

See accompanying Notes to Financial Statements.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

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


	DFA Commodity Strategy Portfolio*
ASSETS:
Investment Securities at Value (including $34,347 of securities on loan)	$	1,649,722
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $35,119)		35,119
Foreign Currencies at Value		2
Segregated Cash for Swaps Contracts		31,685
Cash		328,396
Receivables:
Investment Securities Sold		6,804
Dividends and Interest		7,734
Securities Lending Income		4
Fund Shares Sold		2,499
Futures Margin Variation		1,306
Unrealized Gain on Swap Contracts		10,822
Unrealized Gain on Forward Currency Contracts		6,748
Prepaid Expenses and Other Assets		658

Total Assets		2,081,499

LIABILITIES:
Payables:
Upon Return of Securities Loaned		35,137
Investment Securities Purchased		40,847
Fund Shares Redeemed		2,894
Due to Advisor		441
Due to Broker		30,792
Unrealized Loss on Swap Contracts		3,284
Unrealized Loss on Forward Currency Contracts		3,922
Unrealized Loss on Foreign Currency Contracts		87
Accrued Expenses and Other Liabilities		312

Total Liabilities		117,716

NET ASSETS	$	1,963,783

SHARES OUTSTANDING, $0.01 PAR VALUE (1)		323,613,648

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	6.07

Investment Securities at Cost	$	1,702,294

Foreign Currencies at Cost	$	2

NET ASSETS CONSIST OF:
Paid-In Capital	$	2,216,284
Total Distributable Earnings (Loss)		(252,501	)

NET ASSETS	$	1,963,783

(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.

105

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	DFA Commodity Strategy Portfolio^#
Investment Income
Interest	$	7,109
Income from Securities Lending		10

Total Investment Income		7,119

Expenses
Investment Management Fees		3,019
Accounting & Transfer Agent Fees		105
Custodian Fees		38
Filing Fees		56
Shareholders’ Reports		60
Directors’/Trustees’ Fees & Expenses		(6	)
Professional Fees		12
Other		37

Total Expenses		3,321

Fees Waived, Expenses Reimbursed by Advisor (Note D)		683
Fees Paid Indirectly (Note D)		6

Net Expenses		2,632

Net Investment Income (Loss)		4,487

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		(23,147	)
Affiliated Investment Companies Shares Sold		1
Futures		11,859
Swap Contracts		338,736
Foreign Currency Transactions		1
Forward Currency Contracts		7,424
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(43,893	)
Futures		3,359
Swap Contracts		37,151
Translation of Foreign Currency-Denominated Amounts		(71	)
Forward Currency Contracts		4,068

Net Realized and Unrealized Gain (Loss)		335,488

Net Increase (Decrease) in Net Assets Resulting from Operations	$	339,975

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

106

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	DFA Commodity Strategy Portfolio
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	4,487		$	3,378
Net Realized Gain (Loss) on:
Investment Securities Sold,*		(23,147	)		4,785
Affiliated Investment Companies Shares Sold		1			—
Futures		11,859			40,432
Swap Contracts		338,736			505,196
Foreign Currency Transactions		1			34
Forward Currency Contracts		7,424			(571	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(43,893	)		(14,473	)
Futures		3,359			599
Swap Contracts		37,151			(13,549	)
Translation of Foreign Currency-Denominated Amounts		(71	)		26
Forward Currency Contracts		4,068			(1,611	)

Net Increase (Decrease) in Net Assets Resulting from Operations		339,975			524,246

Distributions:
Institutional Class Shares		(494,901	)		(3,525	)
Capital Share Transactions (1):
Shares Issued		567,463			597,773
Shares Issued in Lieu of Cash Distributions		471,848			3,293
Shares Redeemed		(686,388	)		(452,428	)

Net Increase (Decrease) from Capital Share Transactions		352,923			148,638

Total Increase (Decrease) in Net Assets		197,997			669,359
Net Assets
Beginning of Period		1,765,786			1,096,427

End of Period	$	1,963,783		$	1,765,786

(1) Shares Issued and Redeemed:
Shares Issued		104,048			96,905
Shares Issued in Lieu of Cash Distributions		103,475			622
Shares Redeemed		(127,040	)		(73,709	)

Net Increase (Decrease) from Shares Issued and Redeemed		80,483			23,818

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

107

DFA INVESTMENT DIMENSIONS GROUP INC.

CONSOLIDATED FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA Commodity Strategy Portfolio
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	7.26		$	5.00		$	5.46		$	5.68		$	5.98		$	5.88

Income from Investment Operations (A)
Net Investment Income (Loss)		0.02			0.01			0.06			0.11			0.10			0.07
Net Gains (Losses) on Securities (Realized and Unrealized)		0.94			2.27			(0.46	)		(0.22	)		(0.25	)		0.11

Total from Investment Operations		0.96			2.28			(0.40	)		(0.11	)		(0.15	)		0.18

Less Distributions:
Net Investment Income		(2.15	)		(0.02	)		(0.06	)		(0.11	)		(0.15	)		(0.08	)

Total Distributions		(2.15	)		(0.02	)		(0.06	)		(0.11	)		(0.15	)		(0.08	)

Net Asset Value, End of Period	$	6.07		$	7.26		$	5.00		$	5.46		$	5.68		$	5.98

Total Return		23.07	%(B)		45.67	%		(7.41	%)		(1.99	%)		(2.43	%)		3.15	%

Net Assets, End of Period (thousands)	$	1,963,783		$	1,765,786		$	1,096,427		$	1,579,044		$	1,995,988		$	1,728,321
Ratio of Expenses to Average Net Assets		0.31	%(C)		0.31	%		0.33	%		0.33	%		0.32	%		0.33	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.40	%(C)		0.40	%		0.41	%		0.41	%		0.39	%		0.39	%
Ratio of Net Investment Income to Average Net Assets		0.54	%(C)		0.24	%		1.15	%		1.99	%		1.61	%		1.17	%
Portfolio Turnover Rate		74	%(B)		114	%		71	%		38	%		78	%		102	%

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

See accompanying Notes to Financial Statements.

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DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

DFA Investment Dimensions Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940, 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 Certification (“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:

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 procedures adopted by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

109

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 adopted by the Board. These securities are generally categorized as Level 2 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 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.

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.

110

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 April 30, 2022, the Portfolio held a $411,451,275 investment in the Subsidiary, representing 20.82% 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 six months ended April 30, 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 April 30, 2022, there were no previously waived fees/expenses assumed subject to future recovery by the Advisor.

111

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 six months ended April 30, 2022, approximately $683 (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 six months ended April 30, 2022, expenses reduced were as follows (amount in thousands):


	Fees Paid Indirectly
DFA Commodity Strategy Portfolio	$	6

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 six months ended April 30, 2022, the total related amount paid by the Fund to the CCO was $59 (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 April 30, 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		$	12

F. Purchases and Sales of Securities:

For the six months ended April 30, 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	$	732,160	$	846,724	$	498,374	$	308,193

For the six months ended April 30, 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 April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
DFA Commodity Strategy Portfolio
The DFA Short Term Investment Fund	$	4,237	$	109,629	$	78,748	$	1		—	$	35,119		3,036	$	16		—

Total	$	4,237	$	109,629	$	78,748	$	1		—	$	35,119		3,036	$	16		—

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 accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income or accumulated net realized gains or losses, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2021, 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, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA Commodity Strategy Portfolio
2020	$	16,600		—		—	$	16,600
2021		3,525		—		—		3,525


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains		Total
DFA Commodity Strategy Portfolio	$	(54,996	)		—	$	(54,996	)

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As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):


	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)			Total Net Distributable Earnings (Accumulated Losses)
DFA Commodity Strategy Portfolio	$	494,389		—	$	(6,346	)	$	(585,536	)	$	(97,493	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2021, the Portfolio 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	$	6,346	$	6,346

During the year ended October 31, 2021, the Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):


DFA Commodity Strategy Portfolio		$	351


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
DFA Commodity Strategy Portfolio	$	3,368,385	$	6,775	$	(1,105,373	)	$	(1,098,598	)

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.

114

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.

115

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 six months ended April 30, 2022 was as follows (amounts in thousands):


	Forward
	Currency				Swap
	Contracts*		Futures**		Contracts***
DFA Commodity Strategy Portfolio	$	303,860	$	92,577	$	1,607,992

*	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 April 30, 2022 (amounts in thousands):


	Asset Derivatives Value
	Total Value at April 30, 2022			Forward Currency Contracts (1)			Commodity Futures Contracts*, (2)			Swap Contracts (3)
DFA Commodity Strategy Portfolio	$	23,782		$	6,748		$	6,212		$	10,822

	Liability Derivatives Value
	Total Value at April 30, 2022			Forward Currency Contracts (4)			Commodity Futures Contracts (5)			Swap Contracts (6)
DFA Commodity Strategy Portfolio	$	(9,341	)	$	(3,922	)	$	(2,135	)	$	(3,284	)

(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 or Payables: 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 Receivables or 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 six months ended April 30, 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	$	358,019	$	7,424	$	11,859	$	338,736

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total		Forward Currency Contracts (4)		Commodity Futures Contracts (5)		Swap Contracts (6)
DFA Commodity Strategy Portfolio	$	44,578	$	4,068	$	3,359	$	37,151

(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.

118

Offsetting of Derivative Assets and Derivative Liabilities

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 April 30, 2022 (amounts in thousands):


			Net		Gross Amounts Not												Net		Gross Amounts Not
			Amounts		Offset in the												Amounts		Offset in the
			of		Consolidated												of		Consolidated
			Assets		Statement of Assets												Liabilities		Statement of Assets
			Presented		and Liabilities												Presented		and Liabilities
			in the														in the
	Gross		Consolidated												Gross		Consolidated
	Amounts of		Statement												Amounts of		Statement
	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
DFA Commodity Strategy Portfolio
HSBC Bank	$	4,602	$	4,602	$	(1,935	)		—		—		$	2,667	$	1,935	$	1,935	$	(1,935	)		—			—		—
Royal Bank of Scotland		48		48		(48	)		—		—			—		1,925		1,925		(48	)		—			—	$	1,877
Credit Suisse		10,822		10,822		—			—	$	(9,810	)		1,012		—		—		—			—			—		—
Bank of America Corp		31		31		(31	)		—		—			—		1,338		1,338		(31	)	$	(1,307	)		—		—
Citibank, N.A		—		—		—			—		—			—		1,094		1,094		—			(1,094	)		—		—
UBS AG		—		—		—			—		—			—		889		889		—			(889	)		—		—
State Street Bank and Trust		2,067		2,067		—			—		—			2,067		—		—		—			—			—		—
BNY Mellon		—		—		—			—		—			—		25		25		—			—			—		25

Total	$	17,570	$	17,570	$	(2,014	)		—	$	(9,810	)	$	5,746	$	7,206	$	7,206	$	(2,014	)	$	(3,290	)		—	$	1,902

(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.

119

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 $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 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 a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

There were no borrowings by the Portfolio under the lines of credit during the six months ended April 30, 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 six months ended April 30, 2022.

J. Securities Lending:

As of April 30, 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.

120

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.


	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
DFA Commodity Strategy Portfolio
Bonds	$	35,137		—		—		—	$	35,137

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.

L. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Portfolio could enter, eliminate the asset segregation framework currently used by the Portfolio to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Portfolio is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Portfolio.

121

On December 3, 2020, the SEC adopted new Rule 2a-5 (the “Valuation Rule”) under the Investment Company Act of 1940, establishing an updated regulatory framework for fund valuation. The Valuation Rule, in part, provides a framework for good faith fair value determination and permits a Board to designate fair value determinations to a fund’s investment adviser. Further, the SEC is rescinding previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021, with a compliance date of September 8, 2022. Management is currently evaluating the Valuation Rule and its effect on the Portfolio.

M. Russia and Ukraine Conflict:

N. Other:

As of April 30, 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		60	%

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.

O. 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.

122

RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, DFA Investment Dimensions Group Inc. (“DFAIDG”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Directors. Directors were elected by the shareholders of all series of DFAIDG, including the Portfolio. The results of the voting were as follows:

DFAIDG

Proposal: Election of Directors*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1.Reena Aggarwal		9,921,508,370		63,420,976		9,984,929,347		99.36	%		0.64	%		100.00	%
2.David P. Butler		9,883,286,256		101,643,091		9,984,929,347		98.98	%		1.02	%		100.00	%
3.George M Constantinides		9,821,909,934		163,019,413		9,984,929,347		98.37	%		1.63	%		100.00	%
4.Douglas W. Diamond		9,882,157,782		102,771,565		9,984,929,347		98.97	%		1.03	%		100.00	%
5.Darrell Duffie		9,882,905,906		102,023,441		9,984,929,347		98.98	%		1.02	%		100.00	%
6.Francis A. Longstaff		9,921,901,084		63,028,263		9,984,929,347		99.37	%		0.63	%		100.00	%
7.Gerard K. O’Reilly		9,882,646,658		102,282,689		9,984,929,347		98.98	%		1.02	%		100.00	%
8.Abbie J. Smith		9,830,541,976		154,387,371		9,984,929,347		98.45	%		1.55	%		100.00	%
9.Heather E. Tookes		9,923,656,008		61,273,339		9,984,929,347		99.39	%		0.61	%		100.00	%
10. Ingrid M. Werner		9,883,645,976		101,283,371		9,984,929,347		98.99	%		1.01	%		100.00	%

*	Results are for all series within DFAIDG

123

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

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

Six Months Ended April 30, 2022

EXPENSE TABLE


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
U.S. Large Company Portfolio
Actual Fund Return		$1,000.00		$903.30		0.08	%		$0.38
Hypothetical 5% Annual Return		$1,000.00		$1,024.40		0.08	%		$0.40

(1)

124

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 March 29, 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


DOMESTIC EQUITY PORTFOLIO

U.S. Large Company Portfolio
Communication Services	8.6	%
Consumer Discretionary	11.4	%
Consumer Staples	6.8	%
Energy	4.2	%
Financials	11.0	%
Health Care	14.2	%
Industrials	8.0	%
Information Technology	27.2	%
Materials	2.8	%
Real Estate	2.9	%
Utilities	2.9	%

	100.0	%

125

U.S. LARGE COMPANY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.5%)
COMMUNICATION SERVICES — (8.6%)
*	Alphabet, Inc., Class A		90,994	$	207,665,597		2.0	%
*	Alphabet, Inc., Class C		84,038		193,231,095		1.8	%
	Comcast Corp., Class A		1,368,688		54,419,035		0.5	%
*	Facebook, Inc., Class A		698,620		140,052,351		1.3	%
	Verizon Communications, Inc		1,270,120		58,806,556		0.6	%
*	Walt Disney Co		550,839		61,490,158		0.6	%
	Other Securities				197,660,400		1.8	%

TOTAL COMMUNICATION SERVICES					913,325,192		8.6	%

CONSUMER DISCRETIONARY — (11.4%)
*	Amazon.com, Inc		132,399		329,094,926		3.1	%
	Home Depot, Inc		315,938		94,907,775		0.9	%
	McDonald’s Corp		226,082		56,330,591		0.5	%
	NIKE, Inc., Class B		386,392		48,183,082		0.5	%
*	Tesla, Inc		253,280		220,546,093		2.1	%
	Other Securities				461,794,124		4.3	%

TOTAL CONSUMER DISCRETIONARY					1,210,856,591		11.4	%

CONSUMER STAPLES — (6.8%)
	Coca-Cola Co		1,176,170		75,992,344		0.7	%
	Costco Wholesale Corp		134,162		71,336,619		0.7	%
	PepsiCo, Inc		418,568		71,872,311		0.7	%
	Philip Morris International, Inc		468,736		46,873,600		0.4	%
	Procter & Gamble Co		725,241		116,437,443		1.1	%
	Walmart, Inc		428,016		65,482,168		0.6	%
	Other Securities				272,712,604		2.6	%

TOTAL CONSUMER STAPLES					720,707,089		6.8	%

ENERGY — (4.1%)
	Chevron Corp		583,228		91,374,331		0.9	%
	Exxon Mobil Corp		1,280,881		109,195,105		1.0	%
	Other Securities				240,384,884		2.3	%

TOTAL ENERGY					440,954,320		4.2	%

FINANCIALS — (10.9%)
	Bank of America Corp		2,150,691		76,736,655		0.7	%
*	Berkshire Hathaway, Inc., Class B		554,089		178,876,552		1.7	%
	JPMorgan Chase & Co		894,126		106,722,879		1.0	%
	Wells Fargo & Co		1,175,663		51,294,177		0.5	%
	Other Securities				744,907,949		7.0	%

TOTAL FINANCIALS					1,158,538,212		10.9	%

HEALTH CARE — (14.1%)
	Abbott Laboratories		535,002		60,722,727		0.6	%
	AbbVie, Inc		534,879		78,563,028		0.7	%
	Bristol-Myers Squibb Co		659,480		49,639,060		0.5	%
	Danaher Corp		192,530		48,350,059		0.5	%
	Eli Lilly & Co		240,219		70,175,176		0.7	%

126

U.S. LARGE COMPANY PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Johnson & Johnson		796,502	$	143,736,751		1.4	%
	Medtronic PLC		407,041		42,478,799		0.4	%
	Merck & Co., Inc.		764,233		67,779,825		0.6	%
	Pfizer, Inc.		1,698,193		83,330,330		0.8	%
	Thermo Fisher Scientific, Inc.		119,221		65,919,675		0.6	%
	UnitedHealth Group, Inc.		284,960		144,916,408		1.4	%
	Other Securities				645,570,278		5.9	%

TOTAL HEALTH CARE					1,501,182,116		14.1	%

INDUSTRIALS — (7.9%)
	Raytheon Technologies Corp.		451,687		42,869,613		0.4	%
	Union Pacific Corp.		192,696		45,146,746		0.4	%
	Other Securities				754,005,308		7.1	%

TOTAL INDUSTRIALS					842,021,667		7.9	%

INFORMATION TECHNOLOGY — (27.1%)
	Accenture PLC, Class A		191,214		57,433,037		0.5	%
*	Adobe, Inc.		142,715		56,508,004		0.5	%
	Apple, Inc.		4,690,629		739,477,819		7.0	%
	Broadcom, Inc.		124,917		69,252,736		0.7	%
	Cisco Systems, Inc.		1,276,052		62,501,027		0.6	%
	Intel Corp.		1,231,998		53,702,793		0.5	%
	Mastercard, Inc., Class A		261,122		94,886,512		0.9	%
	Microsoft Corp.		2,268,204		629,471,974		5.9	%
	NVIDIA Corp.		756,384		140,286,540		1.3	%
	QUALCOMM, Inc.		340,978		47,631,217		0.5	%
*	Salesforce, Inc.		298,015		52,432,759		0.5	%
	Texas Instruments, Inc.		279,422		47,571,595		0.5	%
#	Visa, Inc., Class A		501,762		106,940,535		1.0	%
	Other Securities				720,881,697		6.7	%

TOTAL INFORMATION TECHNOLOGY					2,878,978,245		27.1	%

MATERIALS — (2.8%)
	Linde PLC		155,075		48,377,197		0.5	%
	Other Securities				244,115,245		2.3	%

TOTAL MATERIALS					292,492,442		2.8	%

REAL ESTATE — (2.9%)
	Other Securities				309,064,187		2.9	%

UTILITIES — (2.9%)
	Other Securities				304,055,837		2.9	%

TOTAL COMMON STOCKS (Cost $2,980,717,823)					10,572,175,898		99.6	%

TEMPORARY CASH INVESTMENTS — (0.3%)
	State Street Institutional U.S. Government Money Market Fund, 0.290%		33,905,627		33,905,627		0.3	%

127

U.S. LARGE COMPANY PORTFOLIO

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (0.2%)
@§ The DFA Short Term Investment Fund		1,631,855	$	18,875,665		0.2	%

TOTAL INVESTMENTS—(100.0%) (Cost $3,033,499,162)			$	10,624,957,190		100.1	%


As of April 30, 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		201		06/17/22	$	44,379,053	$	41,481,375	$	(2,897,678	)

Total Futures Contracts					$	44,379,053	$	41,481,375	$	(2,897,678	)

Summary of the Portfolio’s investments as of April 30, 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	$	913,325,192			—		—	$	913,325,192
Consumer Discretionary		1,210,856,591			—		—		1,210,856,591
Consumer Staples		720,707,089			—		—		720,707,089
Energy		440,954,320			—		—		440,954,320
Financials		1,158,538,212			—		—		1,158,538,212
Health Care		1,501,182,116			—		—		1,501,182,116
Industrials		842,021,667			—		—		842,021,667
Information Technology		2,878,978,245			—		—		2,878,978,245
Materials		292,492,442			—		—		292,492,442
Real Estate		309,064,187			—		—		309,064,187
Utilities		304,055,837			—		—		304,055,837
Temporary Cash Investments		33,905,627			—		—		33,905,627
Securities Lending Collateral		—		$	18,875,665		—		18,875,665
Futures Contracts**		(2,897,678	)		—		—		(2,897,678	)

TOTAL	$	10,603,183,847		$	18,875,665		—	$	10,622,059,512

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

See accompanying Notes to Financial Statements.

128

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

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


	U.S. Large Company Portfolio*
ASSETS:
Investment Securities at Value (including $129,028 of securities on loan)	$	10,572,175
Temporary Cash Investments at Value & Cost		33,906
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $18,876)		18,876
Segregated Cash for Futures Contracts		2,251
Receivables:
Dividends and Interest		8,372
Securities Lending Income		15
Fund Shares Sold		3,719
Prepaid Expenses and Other Assets		81

Total Assets		10,639,395

LIABILITIES:
Payables:
Upon Return of Securities Loaned		18,965
Fund Shares Redeemed		3,062
Due to Advisor		495
Futures Margin Variation		1,787
Accrued Expenses and Other Liabilities		918

Total Liabilities		25,227

NET ASSETS	$	10,614,168

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $10,614,168 and shares outstanding of 360,827,262	$	29.42

NUMBER OF SHARES AUTHORIZED		900,000,000

Investment Securities at Cost.	$	2,980,717

NET ASSETS CONSIST OF:
Paid-In Capital	$	2,692,753
Total Distributable Earnings (Loss)		7,921,415

NET ASSETS	$	10,614,168

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

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	U.S. Large Company Portfolio^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $17)	$	83,658
Income from Securities Lending		86

Total Investment Income		83,744

Fund Expenses
Investment Management Fees		3,499
Accounting & Transfer Agent Fees		829
S&P 500^®Fees		27
Custodian Fees		64
Filing Fees		68
Shareholders’ Reports		136
Directors’/Trustees’ Fees & Expenses		(54	)
Professional Fees		70
Previously Waived Fees Recovered by Advisor (Note C)		99
Other		105

Total Fund Expenses		4,843

Fees Waived, Expenses Reimbursed by Advisor (Note C)		177

Net Expenses		4,666

Net Investment Income (Loss)		79,078

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		369,050
Affiliated Investment Companies Shares Sold		(8	)
Futures		(852	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,577,005	)
Affiliated Investment Companies Shares		(1	)
Futures		(3,250	)

Net Realized and Unrealized Gain (Loss)		(1,212,066	)

Net Increase (Decrease) in Net Assets Resulting from Operations.	$	(1,132,988	)

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

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DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	U.S. Large Company Portfolio
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	79,078		$	157,081
Net Realized Gain (Loss) on:
Investment Securities Sold,*		369,050			726,997
Affiliated Investment Companies Shares Sold		(8	)		1
Futures		(852	)		6,547
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,577,005	)		3,024,256
Affiliated Investment Companies Shares		(1	)		(6	)
Futures		(3,250	)		758

Net Increase (Decrease) in Net Assets Resulting from Operations		(1,132,988	)		3,915,634

Distributions:
Institutional Class Shares		(713,493	)		(395,160	)
Capital Share Transactions (1):
Shares Issued		675,337			1,206,555
Shares Issued in Lieu of Cash Distributions		668,050			367,657
Shares Redeemed		(1,190,598	)		(2,349,587	)

Net Increase (Decrease) from Capital Share Transactions		152,789			(775,375	)

Total Increase (Decrease) in Net Assets		(1,693,692	)		2,745,099
Net Assets
Beginning of Period		12,307,860			9,562,761

End of Period	$	10,614,168		$	12,307,860

(1) Shares Issued and Redeemed:
Shares Issued		20,939			39,616
Shares Issued in Lieu of Cash Distributions		20,148			12,970
Shares Redeemed		(36,416	)		(77,430	)

Net Increase (Decrease) from Shares Issued and Redeemed		4,671			(24,844	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

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DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	U.S. Large Company Portfolio
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	34.56		$	25.10		$	23.48		$	21.06		$	20.05		$	16.67

Income from Investment Operations (A)
Net Investment Income (Loss)		0.22			0.43			0.44			0.44			0.41			0.37
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.34	)		10.09			1.77			2.50			1.05			3.50

Total from Investment Operations		(3.12	)		10.52			2.21			2.94			1.46			3.87

Less Distributions:
Net Investment Income		(0.18	)		(0.43	)		(0.47	)		(0.39	)		(0.39	)		(0.39	)
Net Realized Gains		(1.84	)		(0.63	)		(0.12	)		(0.13	)		(0.06	)		(0.10	)

Total Distributions		(2.02	)		(1.06	)		(0.59	)		(0.52	)		(0.45	)		(0.49	)

Net Asset Value, End of Period	$	29.42		$	34.56		$	25.10		$	23.48		$	21.06		$	20.05

Total Return		(9.67	%)(B)		42.87	%		9.63	%		14.29	%		7.25	%		23.55	%

Net Assets, End of Period (thousands)	$	10,614,168		$	12,307,860		$	9,562,761		$	9,786,391		$	8,517,069		$	7,996,178
Ratio of Expenses to Average Net Assets		0.08	%(C)		0.08	%		0.08	%		0.08	%		0.08	%		0.08	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor)		0.08	%(C)		0.09	%		0.09	%		0.08	%		0.08	%		0.08	%
Ratio of Net Investment Income to Average Net Assets		1.36	%(C)		1.39	%		1.83	%		2.02	%		1.90	%		1.99	%
Portfolio Turnover Rate		1	%(B)		4	%		3	%		3	%		5	%		7	%

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

(UNAUDITED)

A. Organization:

Dimensional Investment Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of eleven 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 Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

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

•

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

•

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

•

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

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 procedures adopted by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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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.

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 six months ended April 30, 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 six months ended April 30, 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 six months ended April 30, 2022, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 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

134

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.


Institutional Class Shares	Expense Limitation Amount			Recovery of Previously Waived Fees/ Expenses Assumed		Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Large Company Portfolio (1)		0.08	%	$	99	$	177	$	2,620

(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 six months ended April 30, 2022, the total related amounts paid by the Fund to the CCO were $9 (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 April 30, 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		$	155

E. Purchases and Sales of Securities:

For the six months ended April 30, 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	$	114,920	$	612,873

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

For the six months ended April 30, 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 April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
U.S. Large Company Portfolio
The DFA Short Term Investment Fund	$	5,511	$	125,111	$	111,737	$	(8	)	$	(1	)	$	18,876		1,632	$	12		—

Total	$	5,511	$	125,111	$	111,737	$	(8	)	$	(1	)	$	18,876		1,632	$	12		—

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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 accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2021, can occur as a result of realized gains on securities considered to be “passive foreign investment companies”, net foreign currency gains/losses, 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, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
U.S. Large Company Portfolio
2020	$	190,450	$	49,437		—	$	239,887
2021		159,251		235,909		—		395,160


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
U.S. Large Company Portfolio	$	(16,326	)	$	(46,249	)	$	(62,575	)

As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):


	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Unrealized Appreciation (Depreciation)		Total Net Distributable Earnings (Accumulated Losses)
U.S. Large Company Portfolio	$	3,342	$	644,573	$	9,120,317	$	9,768,232

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2021, the Portfolio did not have capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2021, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

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	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
U.S. Large Company Portfolio	$	3,081,646	$	7,722,812	$	(131,354	)	$	7,591,458

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.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2022 was as follows (amount in thousands):


	Futures*
U.S. Large Company Portfolio	$	26,176

*	Average Notional Value of futures contracts

137

The following is a summary of the Portfolio’s derivative instrument holdings categorized by primary risk exposure as of April 30, 2022 (amounts in thousands):


	Liability Derivatives Value
	Total Value at April 30, 2022			Equity Contracts*, (1)
U.S. Large Company Portfolio	$	(2,898	)	$	(2,898	)

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

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

The following is a summary of the realized and change in unrealized gains and losses from the Portfolio’s direct investment in derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2022 (amounts in thousands):


	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
U.S. Large Company Portfolio	$	(852	)	$	(852	)


	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
U.S. Large Company Portfolio	$	(3,250	)	$	(3,250	)

(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:

138

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 six months ended April 30, 2022, borrowings by the Portfolio 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 04/30/2022
U.S. Large Company Portfolio		0.83	%	$	6,184		21	$	3	$	13,872		—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2022, that the Portfolio’s available line of credit was used.

The Portfolio did not use the interfund lending program during the six months ended April 30, 2022.

I. Securities Lending:

As of April 30, 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	$	113,540

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.

139

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.


	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions U.S. Large Company Portfolio
Common Stocks	$	18,965		—		—		—	$	18,965

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.

K. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Portfolio could enter, eliminate the asset segregation framework currently used by the Portfolio to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Portfolio is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Portfolio.

140

L. Russia and Ukraine Conflict:

M. Other:

As of April 30, 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
U.S. Large Company Portfolio-Institutional Class		4		70	%

N. Subsequent Event Evaluations:

141

RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, Dimensional Investment Group Inc. (“DIG”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Directors. Directors were elected by the shareholders of all series of DIG, including the Portfolio. The results of the voting were as follows:

DIG

Proposal: Election of Directors*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1. Reena Aggarwal		670,675,676		4,853,187		675,528,863		99.28	%		0.72	%		100.00	%
2. David P. Butler		670,412,079		5,116,784		675,528,863		99.24	%		0.76	%		100.00	%
3. George M Constantinides		667,473,344		8,055,519		675,528,863		98.81	%		1.19	%		100.00	%
4. Douglas W. Diamond		670,102,186		5,426,677		675,528,863		99.20	%		0.80	%		100.00	%
5. Darrell Duffie		670,307,396		5,221,467		675,528,863		99.23	%		0.77	%		100.00	%
6. Francis A. Longstaff		670,676,753		4,852,110		675,528,863		99.28	%		0.72	%		100.00	%
7. Gerard K. O’Reilly		670,543,896		4,984,967		675,528,863		99.26	%		0.74	%		100.00	%
8. Abbie J. Smith		668,026,571		7,502,292		675,528,863		98.89	%		1.11	%		100.00	%
9. Heather E. Tookes		670,812,115		4,716,748		675,528,863		99.30	%		0.70	%		100.00	%
10. Ingrid M. Werner		671,092,724		4,436,139		675,528,863		99.34	%		0.66	%		100.00	%

*	Results are for all series within DIG

142

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended April 30, 2022

EXPENSE TABLE


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The U.S. Large Cap Value Series
Actual Fund Return	$	1,000.00	$	971.40		0.10	%	$	0.49
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.30		0.10	%	$	0.50

(1)

143

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 March 29, 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

DOMESTIC EQUITY PORTFOLIO


The U.S. Large Cap Value Series
Communication Services	8.0	%
Consumer Discretionary	6.1	%
Consumer Staples	6.8	%
Energy	11.8	%
Financials	19.5	%
Health Care	16.8	%
Industrials.	12.2	%
Information Technology	9.4	%
Materials	8.7	%
Real Estate	0.5	%
Utilities	0.2	%

	100.0	%

144

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (98.4%)
COMMUNICATION SERVICES — (7.9%)
	AT&T, Inc.		21,707,840	$	409,409,862		1.5	%
	Comcast Corp., Class A		13,782,625		547,997,170		2.0	%
*	T-Mobile U.S., Inc.		1,375,885		169,426,479		0.6	%
	Verizon Communications, Inc.		7,271,416		336,666,561		1.2	%
*	Walt Disney Co.		2,075,362		231,672,660		0.8	%
	Other Securities				512,864,503		1.9	%

TOTAL COMMUNICATION SERVICES					2,208,037,235		8.0	%

CONSUMER DISCRETIONARY — (6.0%)
	DR Horton, Inc.		2,915,899		202,917,411		0.7	%
*	General Motors Co.		4,580,910		173,662,298		0.6	%
	Other Securities				1,284,284,680		4.7	%

TOTAL CONSUMER DISCRETIONARY					1,660,864,389		6.0	%

CONSUMER STAPLES — (6.7%)
	Kroger Co.		3,344,736		180,481,955		0.7	%
	Mondelez International, Inc., Class A		3,256,041		209,949,524		0.8	%
	Tyson Foods, Inc., Class A		1,703,838		158,729,548		0.6	%
	Walmart, Inc.		3,565,991		545,560,963		2.0	%
	Other Securities				777,127,263		2.7	%

TOTAL CONSUMER STAPLES					1,871,849,253		6.8	%

ENERGY — (11.6%)
	Chevron Corp.		3,426,054		536,759,880		1.9	%
	ConocoPhillips		5,239,620		500,488,502		1.8	%
	Exxon Mobil Corp.		8,006,417		682,547,049		2.5	%
	Occidental Petroleum Corp.		3,835,861		211,317,583		0.8	%
	Schlumberger NV		4,645,370		181,215,884		0.6	%
	Other Securities				1,132,889,996		4.1	%

TOTAL ENERGY					3,245,218,894		11.7	%

FINANCIALS — (19.2%)
	Bank of America Corp.		8,459,338		301,829,180		1.1	%
*	Berkshire Hathaway, Inc., Class B		1,865,663		602,291,986		2.2	%
	Capital One Financial Corp.		1,481,334		184,603,843		0.7	%
	Citigroup, Inc.		4,211,758		203,048,853		0.7	%
	Goldman Sachs Group, Inc.		1,053,078		321,704,798		1.2	%
	Hartford Financial Services Group, Inc.		2,301,121		160,917,392		0.6	%
	JPMorgan Chase & Co.		5,744,861		685,706,609		2.5	%
	Morgan Stanley		3,447,111		277,802,676		1.0	%
	PNC Financial Services Group, Inc.		1,100,011		182,711,827		0.7	%
	Travelers Cos., Inc.		1,136,535		194,415,677		0.7	%
	Wells Fargo & Co.		5,597,864		244,234,806		0.9	%
	Other Securities				1,985,183,496		7.0	%

TOTAL FINANCIALS					5,344,451,143		19.3	%

145

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (16.6%)
Anthem, Inc.		786,917	$	394,977,250		1.4	%
Bristol-Myers Squibb Co.		4,561,315		343,330,180		1.2	%
Cigna Corp.		1,001,524		247,156,093		0.9	%
CVS Health Corp.		4,319,030		415,188,354		1.5	%
Danaher Corp.		975,510		244,979,826		0.9	%
Humana, Inc.		442,707		196,809,824		0.7	%
* Laboratory Corp. of America Holdings		750,531		180,337,589		0.7	%
Medtronic PLC		1,794,733		187,298,336		0.7	%
Pfizer, Inc.		17,075,357		837,887,768		3.0	%
Thermo Fisher Scientific, Inc.		758,947		419,636,975		1.5	%
Other Securities				1,146,050,627		4.1	%

TOTAL HEALTH CARE				4,613,652,822		16.6	%

INDUSTRIALS — (12.0%)
FedEx Corp.		974,034		193,579,517		0.7	%
Norfolk Southern Corp.		782,675		201,836,229		0.7	%
Raytheon Technologies Corp.		1,985,308		188,425,582		0.7	%
Republic Services, Inc.		1,835,706		246,480,245		0.9	%
Other Securities				2,507,148,646		9.0	%

TOTAL INDUSTRIALS				3,337,470,219		12.0	%

INFORMATION TECHNOLOGY — (9.2%)
# HP, Inc.		9,358,742		342,810,719		1.2	%
Intel Corp.		12,597,551		549,127,248		2.0	%
Micron Technology, Inc.		3,863,654		263,462,566		1.0	%
Other Securities				1,419,521,173		5.1	%

TOTAL INFORMATION TECHNOLOGY				2,574,921,706		9.3	%

MATERIALS — (8.5%)
Dow, Inc.		2,444,152		162,536,108		0.6	%
Freeport-McMoRan, Inc.		5,250,755		212,918,115		0.8	%
Linde PLC		848,988		264,850,297		1.0	%
Newmont Corp.		2,121,499		154,551,202		0.6	%
Nucor Corp.		1,991,500		308,244,370		1.1	%
Other Securities				1,273,385,682		4.5	%

TOTAL MATERIALS				2,376,485,774		8.6	%

REAL ESTATE — (0.5%)
Other Securities				126,072,136		0.5	%

UTILITIES — (0.2%)
Other Securities				69,110,469		0.2	%

TOTAL COMMON STOCKS (Cost $16,665,459,811)				27,428,134,040		99.0	%

TEMPORARY CASH INVESTMENTS — (0.9%)
State Street Institutional U.S. Government Money Market Fund, 0.290%		248,588,434		248,588,434		0.9	%

146

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (0.7%)
@§ The DFA Short Term Investment Fund		17,391,128	$	201,163,181		0.7	%

TOTAL INVESTMENTS—(100.0%) (Cost $17,115,208,444)			$	27,877,885,655		100.6	%

As of April 30, 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		06/17/22	$	187,336,637	$	182,022,750	$	(5,313,887	)

Total Futures Contracts					$	187,336,637	$	182,022,750	$	(5,313,887	)

Summary of the Series’ investments as of April 30, 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	$	2,208,037,235			—		—	$	2,208,037,235
Consumer Discretionary		1,660,864,389			—		—		1,660,864,389
Consumer Staples		1,871,849,253			—		—		1,871,849,253
Energy		3,245,218,894			—		—		3,245,218,894
Financials		5,344,451,143			—		—		5,344,451,143
Health Care		4,613,652,822			—		—		4,613,652,822
Industrials		3,337,470,219			—		—		3,337,470,219
Information Technology		2,574,921,706			—		—		2,574,921,706
Materials		2,376,485,774			—		—		2,376,485,774
Real Estate		126,072,136			—		—		126,072,136
Utilities		69,110,469			—		—		69,110,469
Temporary Cash Investments		248,588,434			—		—		248,588,434
Securities Lending Collateral		—		$	201,163,181		—		201,163,181
Futures Contracts**		(5,313,887	)		—		—		(5,313,887	)

TOTAL	$	27,671,408,587		$	201,163,181		—	$	27,872,571,768

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

See accompanying Notes to Financial Statements.

147

THE DFA INVESTMENT TRUST COMPANY

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	The U.S. Large Cap Value Series*
ASSETS:
Investment Securities at Value (including $437,079 of securities on loan)	$	27,428,134
Temporary Cash Investments at Value & Cost		248,588
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $201,160)		201,163
Segregated Cash for Futures Contracts		9,879
Receivables:
Dividends and Interest		39,132
Securities Lending Income		58
Prepaid Expenses and Other Assets		44

Total Assets		27,926,998

LIABILITIES:
Payables:
Upon Return of Securities Loaned		201,540
Due to Advisor		2,397
Futures Margin Variation		6,879
Accrued Expenses and Other Liabilities		1,468

Total Liabilities		212,284

NET ASSETS	$	27,714,714

Investment Securities at Cost	$	16,665,460

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

See accompanying Notes to Financial Statements.

148

THE DFA INVESTMENT TRUST COMPANY

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	The U.S. Large Cap Value Series^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $45)	$	307,704
Income from Securities Lending		307

Total Investment Income		308,011

Expenses
Investment Management Fees		14,659
Accounting & Transfer Agent Fees		35
Custodian Fees		147
Shareholders’ Reports		10
Directors’/Trustees’ Fees & Expenses		(134	)
Professional Fees		150
Other		297

Total Expenses		15,164

Net Expenses		15,164

Net Investment Income (Loss)		292,847

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		1,027,540
Affiliated Investment Companies Shares Sold		(57	)
Futures		(7,057	)
Foreign Currency Transactions		(2	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,093,423	)
Affiliated Investment Companies Shares		(5	)
Futures		(13,974	)

Net Realized and Unrealized Gain (Loss)		(1,086,978	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(794,131	)

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

149

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	The U.S. Large Cap Value Series
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	292,847		$	541,698
Net Realized Gain (Loss) on:
Investment Securities Sold,*		1,027,540			1,388,344
Affiliated Investment Companies Shares Sold		(57	)		16
Futures		(7,057	)		49,910
Foreign Currency Transactions		(2	)		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(2,093,423	)		8,413,121
Affiliated Investment Companies Shares		(5	)		(20	)
Futures		(13,974	)		12,740

Net Increase (Decrease) in Net Assets Resulting from Operations		(794,131	)		10,405,809

Transactions in Interest:
Contributions		417,241			808,201
Withdrawals		(1,729,039	)		(3,547,772	)

Net Increase (Decrease) from Transactions in Interest		(1,311,798	)		(2,739,571	)

Total Increase (Decrease) in Net Assets		(2,105,929	)		7,666,238
Net Assets
Beginning of Period		29,820,643			22,154,405

End of Period	$	27,714,714		$	29,820,643

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

150

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The U.S. Large Cap Value Series
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Total Return		(2.86	%)(B)		48.85	%		(11.42	%)		7.15	%		2.95	%		24.31	%
Net Assets, End of Period (thousands)	$	27,714,714		$	29,820,643		$	22,154,405		$	29,929,678		$	29,242,795		$	27,676,546
Ratio of Expenses to Average Net Assets		0.10	%(C)		0.11	%		0.11	%		0.11	%		0.11	%		0.11	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed)		0.10	%(C)		0.11	%		0.11	%		0.11	%		0.11	%		0.11	%
Ratio of Net Investment Income to Average Net Assets		2.00	%(C)		1.92	%		2.53	%		2.50	%		2.14	%		2.19	%
Portfolio Turnover Rate		4	%(B)		10	%		4	%		10	%		13	%		15	%

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

See accompanying Notes to Financial Statements.

151

THE DFA INVESTMENT TRUST COMPANY

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of 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 Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

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

1. Security Valuation: The Series 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 procedures adopted by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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.

152

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 six months ended April 30, 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 six months ended April 30, 2022, the total related amounts paid by the Trust to the CCO were $9 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

153

D. Deferred Compensation:

As of April 30, 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		$	293

E. Purchases and Sales of Securities:

For the six months ended April 30, 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	$	1,054,318	$	2,014,451

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

For the six months ended April 30, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.


	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/ (Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
The U.S. Large Cap Value Series
The DFA Short Term Investment Fund	$	155,780	$	1,309,989	$	1,264,544	$	(57	)	$	(5	)	$	201,163		17,391	$	220		—

Total	$	155,780	$	1,309,989	$	1,264,544	$	(57	)	$	(5	)	$	201,163		17,391	$	220		—

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.


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The U.S. Large Cap Value Series	$	17,095,553	$	11,493,653	$	(730,975	)	$	10,762,678

154

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 six months ended April 30, 2022 was as follows (amount in thousands):


	Futures*
The U.S. Large Cap Value Series	$	201,204

*	Average Notional Value of futures contracts

The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2022 (amounts in thousands):


	Liability Derivatives Value
	Total Value at April 30, 2022			Equity Contracts*,(1)
The U.S. Large Cap Value Series	$	(5,314	)	$	(5,314	)

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

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

155

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 six months ended April 30, 2022 (amounts in thousands):


	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
The U.S. Large Cap Value Series	$	(7,057	)	$	(7,057	)

	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
The U.S. Large Cap Value Series	$	(13,974	)	$	(13,974	)

(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 $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 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 a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

There were no borrowings by the Series under the lines of credit during the six months ended April 30, 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.

The Series did not use the interfund lending program during the six months ended April 30, 2022.

156

I. Affiliated Trades:

Cross trades for the six months ended April 30, 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 Investment Company Act of 1940 (the “1940 Act”). Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Trust.

For the six months ended April 30, 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	$	111,283	$	155,310	$	32,605

J. Securities Lending:

As of April 30, 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	$	251,590

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.

157

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.


	Remaining Contractual Maturity of the Agreements As of April 30, 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	$	201,540		—		—		—	$	201,540

K. Indemnitees; Contractual Obligations:

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

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

L. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Series could enter, eliminate the asset segregation framework currently used by the Series to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Series is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Series.

158

M. Russia and Ukraine Conflict:

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.

159

RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, The DFA Investment Trust Company (“DFAITC”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Trustees. Trustees were elected by the shareholders of all series of DFAITC, including the Series. The results of the voting were as follows:

DFAITC

Proposal: Election of Trustees*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1.Reena Aggarwal		1,338,053,388		7,752,954		1,345,806,342		99.42	%		0.58	%		100.00	%
2.David P. Butler		1,310,184,308		35,622,034		1,345,806,342		97.35	%		2.65	%		100.00	%
3.George M Constantinides		1,293,129,780		52,676,562		1,345,806,342		96.09	%		3.91	%		100.00	%
4.Douglas W. Diamond		1,309,663,859		36,142,483		1,345,806,342		97.31	%		2.69	%		100.00	%
5.Darrell Duffie		1,310,016,601		35,789,741		1,345,806,342		97.34	%		2.66	%		100.00	%
6.Francis A. Longstaff		1,338,492,235		7,314,108		1,345,806,342		99.46	%		0.54	%		100.00	%
7.Gerard K. O’Reilly		1,310,259,985		35,546,357		1,345,806,342		97.36	%		2.64	%		100.00	%
8.Abbie J. Smith		1,294,152,136		51,654,207		1,345,806,342		96.16	%		3.84	%		100.00	%
9.Heather E. Tookes		1,338,526,033		7,280,309		1,345,806,342		99.46	%		0.54	%		100.00	%
10. Ingrid M. Werner		1,310,401,509		35,404,834		1,345,806,342		97.37	%		2.63	%		100.00	%

* Results are for all series within DFAITC

160

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Fund uses in voting proxies relating to securities held in the portfolio is available (1) without charge, upon request, by calling collect: (512) 306-7400; (2) from the Advisor’s website at http://us.dimensional.com; and (3) on the SEC’s website at http://www.sec.gov. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC’s website at http://www.sec.gov and from the Advisor’s website at http://us.dimensional.com/about-us/investment-stewardship and reflects the twelve-month period beginning July 1st and ending June 30th.

161

STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

Each series/portfolio of DFA Investment Dimensions Group Inc., Dimensional Investment Group Inc., Dimensional Emerging Markets Value Fund, Dimensional ETF Trust and The DFA Investment Trust Company, except for The DFA Short Term Investment Fund (each, a “Fund”), has adopted and implemented a written liquidity risk management program (the “Program”) pursuant to Rule 22e-4 under the Investment Company Act of 1940 (the “Liquidity Rule”). The Program includes policies and procedures reasonably designed to assess and manage each Fund’s liquidity risk (which is defined as the “risk that a fund could not meet requests to redeem shares issued by the fund without significant dilution of remaining investors’ interests in the fund”) and to comply with the requirements of the Liquidity Rule, including with respect to: (i) assessment, management and periodic review of liquidity risk; (ii) classification of portfolio holdings; (iii) establishment of a highly liquid investment minimum (“HLIM”), as applicable; (iv) illiquid investments; and (v) redemptions in-kind.

Each Fund’s Board of Directors/Trustees (collectively, the “Board”) previously approved the designation of the Liquidity Risk Management Committee of Dimensional Fund Advisors LP, each Fund’s investment advisor, to serve as administrator of the Program (the “Program Administrator”). The Program Administrator oversees the monitoring of liquidity and liquidity risk for each Fund on an ongoing basis.

At a meeting of the Board held on March 24-25, 2022, the Program Administrator provided its annual written report (the “Report”) to the Board addressing the operation of the Program and assessing its adequacy and effectiveness of implementation and any material changes to the Program for the period from January 1, 2021 through December 31, 2021 (the “Reporting Period”).

The Program Administrator conducted an annual review of each Fund’s liquidity risk in accordance with the requirements of the Liquidity Rule, taking into account the following factors enumerated in the Liquidity Rule and identified in the Program, as applicable:

1) Each Fund’s investment strategy and liquidity of portfolio investments during both normal and reasonably foreseeable stressed conditions, including: (i) whether the Fund’s investment strategy is appropriate for an open-end fund; (ii) the extent to which the Fund’s strategy involves a relatively concentrated portfolio or large positions in particular issuers; (iii) the Fund’s use of borrowings for investment purposes; and (iv) the Fund’s use of derivatives;

2) Short-term and long-term cash flow projections during both normal and reasonably foreseeable stressed conditions;

3) Holdings of cash and cash equivalents, as well as borrowing arrangements and other funding sources; and

4) For the series of the Dimensional ETF Trust that operate as exchange-traded funds (“ETFs”), in addition to the factors above: (i) the relationship between the ETF’s portfolio liquidity and the way in which, and the prices and spreads at which, ETF shares trade, including, the efficiency of the arbitrage function and the level of active participation by market participants (including authorized participants); and (ii) the effect of the composition of baskets on the overall liquidity of the ETF’s portfolio.

Based on the information considered, which included a review of notable liquidity matters that arose during the Reporting Period such as the impacts of extended market holidays and the transition away from the London Inter-Bank Offered Rate on the Funds’ portfolio liquidity, as applicable, the Report concluded that each of the Funds continues to have an investment strategy that is appropriate for an open-end fund, and that each of the Funds is reasonably likely to be able to meet redemption requests without significant dilution of remaining shareholders’ interests in the Fund. The Report further noted the flexibility of the Funds to draw on a line of credit and/or engage in interfund lending, as applicable.

In accordance with the Program, each Fund’s portfolio investments were classified into one of four liquidity categories as provided in the Liquidity Rule as applicable during the Reporting Period. Liquidity classification determinations take into account a variety of factors including market, trading and investment-specific considerations, as well as market depth in accordance with the requirements of the Liquidity Rule and as specified in the Program, and generally incorporate analysis from a third-party data vendor. The Report reviewed the adequacy of the vendor methodology and services provided to the Funds during the Reporting Period and noted that the liquidity model functioned as intended.

162

STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

CONTINUED

Pursuant to the Liquidity Rule, no Fund may acquire any illiquid investment if, after the acquisition, the Fund would have invested more than 15% of its assets in illiquid investments that are assets. The Report concluded that the Program includes provisions reasonably designed to comply with the 15% limit on illiquid investments and for determining, periodically reviewing and complying with the HLIM requirements, as applicable, and that such provisions were implemented effectively during the Reporting Period.

In addition, the Report also referenced the ability of each Fund to effect in-kind redemptions to manage liquidity as needed and actual in-kind transactions pursuant to the Funds’ applicable policies and procedures effected during the Reporting Period. The Report further noted that the ETFs settle redemptions in-kind with authorized participants in the primary market.

During the Reporting Period, each of the Funds that is subject to the HLIM provisions of the Program qualified as a fund that primarily holds assets that are highly liquid investments and, therefore, no Fund was required to establish or comply with an HLIM as set forth in the Program.

On the basis of the review, the Report concluded that: (i) the Program remains reasonably designed to manage each Fund’s liquidity risk; (ii) the Program was implemented and operated effectively to achieve the goal of assessing and managing each Fund’s liquidity risk during the Reporting Period; and (iii) each Fund was able to meet requests for redemption without significant dilution of remaining investors in the Fund during the Reporting Period.

163

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

At the Board meeting held on December 14-15, 2021 (the “Meeting”), the Boards of Directors of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc., and the Board of Trustees of The DFA Investment Trust Company (together, the “Board”) considered the continuation of the investment management agreements (“Management Agreements) for each portfolio/series (collectively, the “Funds”).

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on October 29, 2021, the Board discussed the materials provided by the Advisor, the independent reports prepared by Access Data Inc. (the “Access Data Reports”), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Access Data Reports.

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

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

In considering the performance of each Fund, the Board analyzed the Access Data Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund’s investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Access Data Reports. The Board also considered the proposed reduction of the management fee for certain Funds. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

164

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

CONTINUED

profitability to the Advisor of managing and servicing the Funds and the Advisor’s unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor’s profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

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

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

165

DFA043022-001SD

00274959

LOGO

Semi-Annual Report

Six Months Ended: April 30, 2022 (Unaudited)

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

DFA Investment Dimensions Group Inc.

Large Cap International Portfolio

International Core Equity Portfolio

Global Small Company Portfolio

International Small Company Portfolio

Japanese Small Company Portfolio

Asia Pacific Small Company Portfolio

United Kingdom Small Company Portfolio

Continental Small Company Portfolio

DFA International Real Estate Securities Portfolio

DFA Global Real Estate Securities Portfolio

DFA International Small Cap Value Portfolio

International Vector Equity Portfolio

International High Relative Profitability Portfolio

World ex U.S. Value Portfolio

World ex U.S. Core Equity Portfolio

World Core Equity Portfolio

Selectively Hedged Global Equity Portfolio

Emerging Markets Portfolio

Emerging Markets Small Cap Portfolio

Emerging Markets Value Portfolio

Emerging Markets Core Equity Portfolio

Emerging Markets Targeted Value Portfolio

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 Continental Small Company Series

The Japanese Small Company Series		The Canadian Small Company Series

The Asia Pacific Small Company Series		The Emerging Markets Series

The United Kingdom Small Company Series		The Emerging Markets Small Cap Series

Dimensional Emerging Markets Value Fund

LOGO

June 2022

Dear Shareholder,

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

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents


	Page
Letter to Shareholders
Definitions of Abbreviations and Footnotes		1
DFA Investment Dimensions Group Inc.
Disclosure of Fund Expenses		3
Disclosure of Portfolio Holdings		7
Schedules of Investments/Summary Schedules of Portfolio Holdings
Large Cap International Portfolio		9
International Core Equity Portfolio		13
Global Small Company Portfolio		18
International Small Company Portfolio		19
Japanese Small Company Portfolio		20
Asia Pacific Small Company Portfolio		21
United Kingdom Small Company Portfolio		22
Continental Small Company Portfolio		23
DFA International Real Estate Securities Portfolio		24
DFA Global Real Estate Securities Portfolio		28
DFA International Small Cap Value Portfolio		30
International Vector Equity Portfolio		35
International High Relative Profitability Portfolio		40
World ex U.S. Value Portfolio		44
World ex U.S. Core Equity Portfolio		45
World Core Equity Portfolio		53
Selectively Hedged Global Equity Portfolio		54
Emerging Markets Portfolio		56
Emerging Markets Small Cap Portfolio		57
Emerging Markets Value Portfolio		58
Emerging Markets Core Equity Portfolio		59
Emerging Markets Targeted Value Portfolio		65
Emerging Markets ex China Core Equity Portfolio		70
Statements of Assets and Liabilities		75
Statements of Operations		81
Statements of Changes in Net Assets		87
Financial Highlights		95
Notes to Financial Statements		109
Results of the Shareholder Meeting		138
Dimensional Investment Group Inc.
Disclosure of Fund Expenses		139
Disclosure of Portfolio Holdings		141
Schedule of Investments
DFA International Value Portfolio		142
Statement of Assets and Liabilities		143
Statement of Operations		144
Statements of Changes in Net Assets		145
Financial Highlights		146
Notes to Financial Statements		148
Results of the Shareholder Meeting		155
The DFA Investment Trust Company
Disclosure of Fund Expenses		156
Disclosure of Portfolio Holdings		158
Summary Schedules of Portfolio Holdings
The DFA International Value Series		160

TABLE OF CONTENTS

CONTINUED


	Page
The Japanese Small Company Series		164
The Asia Pacific Small Company Series		167
The United Kingdom Small Company Series		170
The Continental Small Company Series		173
The Canadian Small Company Series		177
The Emerging Markets Series		180
The Emerging Markets Small Cap Series		185
Statements of Assets and Liabilities		190
Statements of Operations		192
Statements of Changes in Net Assets		194
Financial Highlights		197
Notes to Financial Statements		201
Results of the Shareholder Meeting		214
Dimensional Emerging Markets Value Fund
Disclosure of Fund Expenses		215
Disclosure of Portfolio Holdings		217
Summary Schedule of Portfolio Holdings
Dimensional Emerging Markets Value Fund		218
Statement of Assets and Liabilities		223
Statement of Operations		224
Statements of Changes in Net Assets		225
Financial Highlights		226
Notes to Financial Statements		227
Results of the Shareholder Meeting		237
Voting Proxies on Fund Portfolio Securities		238
Statement Regarding Liquidity Risk Management Program		239
Board Approval of Investment Management Agreements		241

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DIMENSIONAL EMERGING MARKETS VALUE FUND

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings


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

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

Financial Highlights


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

All Statements, Schedules and Notes to Financial Statements


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

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended April 30, 2022

EXPENSE TABLES


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Large Cap International Portfolio
Actual Fund Return	$	1,000.00	$	892.50		0.17	%	$	0.80
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.95		0.17	%	$	0.85
International Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	890.40		0.23	%	$	1.08
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.65		0.23	%	$	1.15

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Global Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	886.20		0.45	%	$	2.10
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.56		0.45	%	$	2.26
International Small Company Portfolio (2)
Actual Fund Return	$	1,000.00	$	859.90		0.42	%	$	1.94
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.71		0.42	%	$	2.11
Japanese Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	823.70		0.43	%	$	1.94
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.66		0.43	%	$	2.16
Asia Pacific Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	909.70		0.44	%	$	2.08
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.61		0.44	%	$	2.21
United Kingdom Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	818.30		0.57	%	$	2.57
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.97		0.57	%	$	2.86
Continental Small Company Portfolio (3)
Actual Fund Return	$	1,000.00	$	845.60		0.43	%	$	1.97
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.66		0.43	%	$	2.16
DFA International Real Estate Securities Portfolio
Actual Fund Return	$	1,000.00	$	922.40		0.27	%	$	1.29
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.46		0.27	%	$	1.35
DFA Global Real Estate Securities Portfolio (4)
Actual Fund Return	$	1,000.00	$	964.00		0.24	%	$	1.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.60		0.24	%	$	1.20
DFA International Small Cap Value Portfolio
Actual Fund Return	$	1,000.00	$	921.50		0.47	%	$	2.24
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.46		0.47	%	$	2.36
International Vector Equity Portfolio
Actual Fund Return	$	1,000.00	$	893.20		0.37	%	$	1.74
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.96		0.37	%	$	1.86
International High Relative Profitability Portfolio
Actual Fund Return	$	1,000.00	$	877.40		0.29	%	$	1.35
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.36		0.29	%	$	1.45

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
World ex U.S. Value Portfolio (2)
Actual Fund Return	$	1,000.00	$	954.70		0.42	%	$	2.04
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.71		0.42	%	$	2.11
World ex U.S. Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	902.80		0.30	%	$	1.42
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.31		0.30	%	$	1.51
World Core Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	905.40		0.27	%	$	1.28
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.46		0.27	%	$	1.35
Selectively Hedged Global Equity Portfolio (2)
Actual Fund Return	$	1,000.00	$	924.10		0.31	%	$	1.48
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.26		0.31	%	$	1.56
Emerging Markets Portfolio (3)
Actual Fund Return	$	1,000.00	$	905.90		0.36	%	$	1.70
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.01		0.36	%	$	1.81
Emerging Markets Small Cap Portfolio (3)
Actual Fund Return	$	1,000.00	$	916.90		0.60	%	$	2.85
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.82		0.60	%	$	3.01
Emerging Markets Value Portfolio (3)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	960.50		0.71	%	$	3.45
Institutional Class Shares	$	1,000.00	$	962.00		0.46	%	$	2.24
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.27		0.71	%	$	3.56
Institutional Class Shares	$	1,000.00	$	1,022.51		0.46	%	$	2.31
Emerging Markets Core Equity Portfolio
Actual Fund Return	$	1,000.00	$	911.40		0.39	%	$	1.85
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.86		0.39	%	$	1.96
Emerging Markets Targeted Value Portfolio
Actual Fund Return	$	1,000.00	$	939.10		0.65	%	$	3.13
Hypothetical 5% Annual Return	$	1,000.00	$	1,021.57		0.65	%	$	3.26
Emerging Markets ex China Core Equity Portfolio (5)
Actual Fund Return	$	1,000.00	$	936.00		0.43	%	$	1.89

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.66		0.43	%	$	2.16

(1)

(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).

(5)

Emerging Markets ex China Core Equity Portfolio commenced operations on November 15, 2021. Expenses are equal to the fund’s annualized expense ratio for the period, multiplied by the average account value over the period, multiplied by the number of days since inception (166), then divided by the number of days in the year (365) to reflect the period. The “Ending Account Value” is derived from the fund’s share class actual return since inception. The “Hypothetical 5% Annual Return” information reflects the 181 day period for the period ended April 30, 2022 to allow for comparability.

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 March 29, 2022 (March 30, 2022 with respect to the Emerging Markets ex China Core Equity Portfolio). They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

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


FEEDER FUNDS

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

FUNDS OF FUNDS

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

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

INTERNATIONAL EQUITY PORTFOLIOS


Large Cap International Portfolio
Communication Services	5.5	%
Consumer Discretionary	11.0	%
Consumer Staples	9.8	%
Energy	6.3	%
Financials	17.1	%
Health Care	10.5	%
Industrials	16.1	%
Information Technology	7.1	%
Materials	11.3	%
Real Estate	1.6	%
Utilities	3.7	%

	100.0	%


DFA Global Real Estate Securities Portfolio
Affiliated Investment Companies	40.1	%
Real Estate	59.9	%

	100.0	%


International High Relative Profitability Portfolio
Communication Services	8.9	%
Consumer Discretionary	13.7	%
Consumer Staples	10.8	%
Energy	4.3	%
Financials	5.8	%
Health Care	13.4	%
Industrials	19.1	%
Information Technology	9.5	%
Materials	11.3	%
Real Estate	0.4	%
Utilities	2.8	%

	100.0	%


Emerging Markets Targeted Value Portfolio
Communication Services	3.9	%
Consumer Discretionary	10.6	%
Consumer Staples	5.7	%
Energy	3.5	%
Financials	17.4	%
Health Care	5.1	%
Industrials	15.7	%
Information Technology	12.0	%
Materials	16.5	%
Real Estate	6.8	%
Utilities	2.8	%

	100.0	%


International Core Equity Portfolio
Communication Services	5.7	%
Consumer Discretionary	12.1	%
Consumer Staples	8.0	%
Energy	7.1	%
Financials	15.6	%
Health Care	7.3	%
Industrials	18.1	%
Information Technology	6.7	%
Materials	13.5	%
Real Estate	2.4	%
Utilities	3.5	%

	100.0	%


DFA International Small Cap Value Portfolio
Communication Services	2.7	%
Consumer Discretionary	11.6	%
Consumer Staples	5.0	%
Energy	9.2	%
Financials	21.7	%
Health Care	2.4	%
Industrials	20.2	%
Information Technology	4.0	%
Materials	17.9	%
Real Estate	3.8	%
Utilities	1.5	%

	100.0	%


World ex U.S. Core Equity Portfolio
Communication Services	5.7	%
Consumer Discretionary	11.7	%
Consumer Staples	7.6	%
Energy	6.1	%
Financials	16.3	%
Health Care	6.4	%
Industrials	15.6	%
Information Technology	10.6	%
Materials	13.3	%
Real Estate	3.2	%
Utilities	3.5	%

	100.0	%


Emerging Markets ex China Core Equity Portfolio
Communication Services	5.3	%
Consumer Discretionary	8.2	%
Consumer Staples	6.5	%
Energy	4.5	%
Financials	17.2	%
Health Care	4.1	%
Industrials	9.1	%
Information Technology	24.9	%
Materials	15.4	%
Real Estate	2.0	%
Utilities	2.8	%

	100.0	%


DFA International Real Estate Securities Portfolio
Real Estate	100.0	%

	100.0	%


International Vector Equity Portfolio
Communication Services	5.3	%
Consumer Discretionary	11.8	%
Consumer Staples	6.4	%
Energy	7.4	%
Financials	18.9	%
Health Care	5.6	%
Industrials	18.9	%
Information Technology	6.2	%
Materials	14.3	%
Real Estate	2.7	%
Utilities	2.5	%

	100.0	%


Emerging Markets Core Equity Portfolio
Communication Services	7.8	%
Consumer Discretionary	10.4	%
Consumer Staples	6.2	%
Energy	5.0	%
Financials	17.1	%
Health Care	4.0	%
Industrials	9.2	%
Information Technology	20.1	%
Materials	13.0	%
Real Estate	3.7	%
Utilities	3.5	%

	100.0	%

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (91.7%)
AUSTRALIA — (6.7%)
	BHP Group Ltd.		697,375	$	23,303,081		0.4	%
	BHP Group Ltd., Sponsored ADR		298,208		19,973,972		0.4	%
	Commonwealth Bank of Australia		349,116		25,374,978		0.5	%
	CSL Ltd.		128,582		24,539,889		0.5	%
	National Australia Bank Ltd.		811,247		18,519,693		0.3	%
	Other Securities				273,622,986		5.0	%

TOTAL AUSTRALIA					385,334,599		7.1	%

AUSTRIA — (0.1%)
	Other Securities				7,632,552		0.1	%

BELGIUM — (0.8%)
	Other Securities				44,766,002		0.8	%

CANADA — (11.0%)
	Bank of Montreal		161,778		17,154,939		0.3	%
	Canadian Natural Resources Ltd.		352,595		21,815,053		0.4	%
	Nutrien Ltd.		163,223		16,036,621		0.3	%
#	Royal Bank of Canada		278,331		28,111,507		0.5	%
	Royal Bank of Canada		206,240		20,836,427		0.4	%
	Suncor Energy, Inc.		498,402		17,912,568		0.3	%
#	Toronto-Dominion Bank		286,785		20,717,348		0.4	%
	Other Securities				495,219,394		9.2	%

TOTAL CANADA					637,803,857		11.8	%

CHINA — (0.0%)
	Other Security				1,593,976		0.0	%

DENMARK — (2.2%)
	Novo Nordisk AS, Class B		461,515		52,717,119		1.0	%
	Novo Nordisk AS, Sponsored ADR		45,587		5,196,918		0.1	%
	Other Securities				69,411,276		1.3	%

TOTAL DENMARK					127,325,313		2.4	%

FINLAND — (1.2%)
	Other Securities				68,540,811		1.3	%

FRANCE — (8.6%)
	Air Liquide SA		137,694		23,822,200		0.4	%
	Airbus SE		172,375		18,870,209		0.4	%
	Cie de Saint-Gobain		273,090		15,931,568		0.3	%
	L’Oreal SA		51,173		18,617,242		0.3	%
	LVMH Moet Hennessy Louis Vuitton SE		80,391		52,023,831		1.0	%
#	Sanofi		213,213		22,535,523		0.4	%
#	Schneider Electric SE		116,541		16,720,035		0.3	%
#	TotalEnergies SE		675,015		33,145,238		0.6	%
	Other Securities				291,831,668		5.4	%

TOTAL FRANCE					493,497,514		9.1	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
GERMANY — (6.3%)
Bayer AG		332,314	$	21,889,869		0.4	%
Deutsche Telekom AG		1,271,712		23,426,396		0.4	%
Mercedes-Benz Group AG		320,152		22,346,983		0.4	%
SAP SE		212,517		21,537,737		0.4	%
Siemens AG		146,649		18,031,224		0.3	%
Other Securities				258,166,513		4.8	%
				��
TOTAL GERMANY				365,398,722		6.7	%

HONG KONG — (2.1%)
AIA Group Ltd.		3,249,000		31,917,388		0.6	%
Other Securities				88,189,034		1.6	%

TOTAL HONG KONG				120,106,422		2.2	%

IRELAND — (0.6%)
Other Securities				35,225,905		0.7	%

ISRAEL — (0.7%)
Other Securities				40,786,995		0.8	%

ITALY — (1.9%)
Other Securities				110,221,882		2.0	%

JAPAN — (18.9%)
KDDI Corp.		598,000		19,802,585		0.4	%
SoftBank Group Corp.		488,876		20,107,584		0.4	%
Sony Group Corp.		367,700		31,732,883		0.6	%
Tokyo Electron Ltd.		43,700		18,439,058		0.4	%
Toyota Motor Corp.		2,420,615		41,474,105		0.8	%
Other Securities				962,055,086		17.6	%

TOTAL JAPAN				1,093,611,301		20.2	%

NETHERLANDS — (3.4%)
ASML Holding NV		30,871		17,520,335		0.3	%
ASML Holding NV		74,552		42,030,181		0.8	%
Other Securities				137,833,853		2.5	%

TOTAL NETHERLANDS				197,384,369		3.6	%

NEW ZEALAND — (0.3%)
Other Securities				18,929,224		0.4	%

NORWAY — (0.8%)
Other Securities				45,598,567		0.8	%

PORTUGAL — (0.2%)
Other Securities				11,635,246		0.2	%

SINGAPORE — (0.9%)
Other Securities				51,499,558		1.0	%

SPAIN — (2.0%)
Iberdrola SA		2,047,821		23,531,108		0.4	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SPAIN — (Continued)
	Other Securities			$	89,754,028		1.7	%

TOTAL SPAIN					113,285,136		2.1	%

SWEDEN — (2.8%)
	Other Securities				161,416,686		3.0	%

SWITZERLAND — (7.9%)
	Nestle SA		835,482		107,855,777		2.0	%
	Novartis AG		422,743		37,357,478		0.7	%
#	Roche Holding AG		7,582		3,046,034		0.1	%
	Roche Holding AG		205,381		76,158,092		1.4	%
	Other Securities				230,283,550		4.2	%

TOTAL SWITZERLAND					454,700,931		8.4	%

UNITED KINGDOM — (12.3%)
	Anglo American PLC		389,114		17,234,237		0.3	%
	AstraZeneca PLC		126,555		16,887,661		0.3	%
	AstraZeneca PLC, Sponsored ADR		326,058		21,650,251		0.4	%
	BP PLC, Sponsored ADR		637,245		18,301,662		0.3	%
	British American Tobacco PLC		433,292		18,160,286		0.3	%
	Diageo PLC, Sponsored ADR		105,239		20,908,885		0.4	%
#	GlaxoSmithKline PLC, Sponsored ADR		352,222		15,948,612		0.3	%
	Glencore PLC		2,846,096		17,536,686		0.3	%
#	HSBC Holdings PLC, Sponsored ADR		551,216		17,093,208		0.3	%
#	Rio Tinto PLC, Sponsored ADR		267,962		19,057,457		0.4	%
	Shell PLC, Sponsored ADR		918,709		49,086,622		0.9	%
	Unilever PLC, Sponsored ADR		406,480		18,803,765		0.4	%
	Other Securities				461,638,016		8.5	%

TOTAL UNITED KINGDOM					712,307,348		13.1	%

UNITED STATES — (0.0%)
	Other Securities				741,197		0.0	%

TOTAL COMMON STOCKS					5,299,344,113		97.8	%

PREFERRED STOCKS — (0.4%)
GERMANY — (0.4%)
	Other Securities				23,770,698		0.4	%

TOTAL INVESTMENT SECURITIES (Cost $3,990,565,371)					5,323,114,811


				Value†
SECURITIES LENDING COLLATERAL — (7.9%)
@§	The DFA Short Term Investment Fund		39,682,906		459,012,169		8.5	%

TOTAL INVESTMENTS — (100.0%) (Cost $4,449,556,785)				$	5,782,126,980		106.7	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

As of April 30, 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		260		06/17/22	$	57,537,364	$	53,657,500	$	(3,879,864	)

Total Futures Contracts					$	57,537,364	$	53,657,500	$	(3,879,864	)

Summary of the Portfolio’s investments as of April 30, 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	$	20,082,802		$	365,251,797		—	$	385,334,599
Austria		—			7,632,552		—		7,632,552
Belgium		—			44,766,002		—		44,766,002
Canada		634,626,344			3,177,513		—		637,803,857
China		—			1,593,976		—		1,593,976
Denmark		5,196,918			122,128,395		—		127,325,313
Finland		70,197			68,470,614		—		68,540,811
France		2,909,196			490,588,318		—		493,497,514
Germany		12,636,832			352,761,890		—		365,398,722
Hong Kong		195,258			119,911,164		—		120,106,422
Ireland		12,118,921			23,106,984		—		35,225,905
Israel		7,065,516			33,721,479		—		40,786,995
Italy		2,220,810			108,001,072		—		110,221,882
Japan		19,298,385			1,074,312,916		—		1,093,611,301
Netherlands		55,858,443			141,525,926		—		197,384,369
New Zealand		—			18,929,224		—		18,929,224
Norway		154,142			45,444,425		—		45,598,567
Portugal		—			11,635,246		—		11,635,246
Singapore		963,405			50,536,153		—		51,499,558
Spain		3,676,358			109,608,778		—		113,285,136
Sweden		—			161,416,686		—		161,416,686
Switzerland		37,040,471			417,660,460		—		454,700,931
United Kingdom		211,604,812			500,702,536		—		712,307,348
United States		52,930			688,267		—		741,197
Preferred Stocks
Germany		—			23,770,698		—		23,770,698
Securities Lending Collateral		—			459,012,169		—		459,012,169
Futures Contracts**		(3,879,864	)		—		—		(3,879,864	)

TOTAL	$	1,021,891,876		$	4,756,355,240		—	$	5,778,247,116

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

See accompanying Notes to Financial Statements.

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (92.3%)
AUSTRALIA — (6.7%)
	BHP Group Ltd.		4,074,214	$	136,141,591		0.5	%
	BHP Group Ltd., Sponsored ADR		1,283,423		85,963,673		0.3	%
	Commonwealth Bank of Australia		931,529		67,706,800		0.2	%
	Fortescue Metals Group Ltd.		5,627,697		85,051,774		0.3	%
	National Australia Bank Ltd.		2,773,071		63,305,535		0.2	%
	Other Securities				1,785,564,778		5.6	%

TOTAL AUSTRALIA					2,223,734,151		7.1	%

AUSTRIA — (0.5%)
	Other Securities				157,223,845		0.5	%

BELGIUM — (1.1%)
	Other Securities				375,459,825		1.2	%

CANADA — (11.3%)
	Bank of Montreal		931,374		98,762,899		0.3	%
	Canadian Natural Resources Ltd.		3,046,549		188,489,987		0.6	%
	Nutrien Ltd.		637,647		62,648,857		0.2	%
	Royal Bank of Canada		886,501		89,536,843		0.3	%
	Royal Bank of Canada		1,213,029		122,552,320		0.4	%
	Suncor Energy, Inc.		2,892,169		103,944,554		0.4	%
	Tourmaline Oil Corp.		1,289,685		66,419,305		0.2	%
	Other Securities				3,002,329,236		9.6	%

TOTAL CANADA					3,734,684,001		12.0	%

CHINA — (0.1%)
	Other Securities				26,726,693		0.1	%

DENMARK — (2.1%)
	Novo Nordisk AS, Class B		891,477		101,830,058		0.3	%
	Novo Nordisk AS, Sponsored ADR		595,283		67,862,262		0.2	%
	Other Securities				519,378,908		1.7	%

TOTAL DENMARK					689,071,228		2.2	%

FINLAND — (1.4%)
	Other Securities				479,331,054		1.5	%

FRANCE — (7.3%)
#	Air Liquide SA		519,420		89,863,954		0.3	%
	Cie de Saint-Gobain		1,267,517		73,944,610		0.2	%
#	Cie Generale des Etablissements Michelin SCA		597,484		74,004,318		0.2	%
	LVMH Moet Hennessy Louis Vuitton SE		248,440		160,774,222		0.5	%
	Orange SA		7,330,798		87,276,055		0.3	%
#	TotalEnergies SE		3,093,836		151,916,522		0.5	%
#	Vinci SA		742,024		72,001,451		0.2	%
	Other Securities				1,685,270,530		5.5	%

TOTAL FRANCE					2,395,051,662		7.7	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»			Percentage of Net Assets‡
GERMANY — (6.1%)
	Bayer AG		1,435,845	$	94,580,603			0.3	%
	Bayerische Motoren Werke AG		951,135		77,675,168			0.3	%
	Deutsche Telekom AG		6,144,856		113,195,307			0.4	%
	Mercedes-Benz Group AG		1,688,994		117,893,753			0.4	%
	Other Securities				1,620,719,362			5.1	%

TOTAL GERMANY					2,024,064,193			6.5	%

HONG KONG — (2.2%)
	AIA Group Ltd.		11,640,800		114,356,396			0.4	%
	Other Securities				606,642,254			1.9	%

TOTAL HONG KONG					720,998,650			2.3	%

IRELAND — (0.6%)
	Other Securities				205,725,275			0.7	%

ISRAEL — (1.1%)
	Other Securities				355,305,072			1.2	%

ITALY — (2.3%)
#	Stellantis NV		6,834,669		91,759,854			0.3	%
	Other Securities				675,312,290			2.2	%

TOTAL ITALY					767,072,144			2.5	%

JAPAN — (19.8%)
	KDDI Corp.		2,616,600		86,647,898	��		0.3	%
	SoftBank Group Corp.		2,671,363		109,873,770			0.4	%
	Sony Group Corp.		1,141,000		98,469,458			0.3	%
	Takeda Pharmaceutical Co. Ltd.		2,843,163		82,498,703			0.3	%
	Toyota Motor Corp.		11,663,570		199,840,176			0.7	%
	Other Securities				5,945,757,065			18.9	%

TOTAL JAPAN					6,523,087,070			20.9	%

NETHERLANDS — (3.1%)
	ASML Holding NV		127,591		72,412,800			0.2	%
	ASML Holding NV		182,526		102,902,683			0.3	%
	Koninklijke Ahold Delhaize NV		3,658,287		107,904,701			0.4	%
	Other Securities				735,941,613			2.4	%

TOTAL NETHERLANDS					1,019,161,797			3.3	%

NEW ZEALAND — (0.4%)
	Other Securities				132,687,169			0.4	%

NORWAY — (0.9%)
	Other Securities				313,569,197			1.0	%

PORTUGAL — (0.3%)
	Other Securities				83,384,816			0.3	%

SINGAPORE — (0.9%)
	Other Securities				284,687,833			0.9	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SPAIN — (2.1%)
	Iberdrola SA		8,572,108	$	98,500,404		0.3	%
	Repsol SA		4,909,248		73,235,560		0.2	%
	Telefonica SA		16,134,122		78,486,719		0.3	%
	Other Securities				446,616,245		1.4	%

TOTAL SPAIN					696,838,928		2.2	%

SWEDEN — (2.9%)
	Other Securities				972,686,842		3.1	%

SWITZERLAND — (7.2%)
	ABB Ltd.		2,636,415		79,097,562		0.3	%
	Nestle SA		2,748,677		354,837,916		1.1	%
	Novartis AG, Sponsored ADR		1,021,093		89,886,817		0.3	%
	Roche Holding AG		634,350		235,225,680		0.8	%
	Other Securities				1,612,083,129		5.1	%

TOTAL SWITZERLAND					2,371,131,104		7.6	%

UNITED KINGDOM — (11.9%)
	Anglo American PLC		2,025,352		89,704,810		0.3	%
	BP PLC, Sponsored ADR		2,665,452		76,551,781		0.3	%
	Glencore PLC		14,846,113		91,476,764		0.3	%
#	HSBC Holdings PLC, Sponsored ADR		3,036,261		94,154,454		0.3	%
#	Rio Tinto PLC, Sponsored ADR		1,793,636		127,563,392		0.4	%
	Shell PLC, Sponsored ADR		3,185,978		170,226,805		0.6	%
	Vodafone Group PLC		49,455,687		74,873,880		0.3	%
	Other Securities				3,219,009,402		10.2	%

TOTAL UNITED KINGDOM					3,943,561,288		12.7	%

UNITED STATES — (0.0%)
	Other Securities				2,302,647		0.0	%

TOTAL COMMON STOCKS					30,497,546,484		97.9	%

PREFERRED STOCKS — (0.5%)
AUSTRALIA — (0.0%)
	Other Security				18,393		0.0	%

GERMANY — (0.5%)
	Volkswagen AG		410,212		63,528,061		0.2	%
	Other Securities				85,895,376		0.3	%

TOTAL GERMANY					149,423,437		0.5	%

TOTAL PREFERRED STOCKS					149,441,830		0.5	%

RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities				41,410		0.0	%

CANADA — (0.0%)
	Other Securities				291,215		0.0	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


	Shares		Value»		Percentage of Net Assets‡
HONG KONG — (0.0%)
Other Security			$	540		0.0	%

SWITZERLAND — (0.0%)
Other Security				141,692		0.0	%

TOTAL RIGHTS/WARRANTS				474,857		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $26,022,132,065)				30,647,463,171


			Value†
SECURITIES LENDING COLLATERAL — (7.2%)
@§ The DFA Short Term Investment Fund		205,438,975		2,376,312,624		7.6	%

TOTAL INVESTMENTS — (100.0%) (Cost $28,398,236,020)			$	33,023,775,795		106.0	%

As of April 30, 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		1,437		06/17/22	$	305,066,374	$	296,560,875	$	(8,505,499	)

Total Futures Contracts					$	305,066,374	$	296,560,875	$	(8,505,499	)

Summary of the Portfolio’s investments as of April 30, 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	$	98,004,572	$	2,125,729,579		—	$	2,223,734,151
Austria		60,039		157,163,806		—		157,223,845
Belgium		10,940,816		364,519,009		—		375,459,825
Canada		3,724,787,368		9,896,633		—		3,734,684,001
China		9,916,322		16,810,371		—		26,726,693
Denmark		67,862,262		621,208,966		—		689,071,228
Finland		12,631,485		466,699,569		—		479,331,054
France		27,711,895		2,367,315,915	$	23,852		2,395,051,662
Germany		43,562,478		1,980,501,715		—		2,024,064,193
Hong Kong		272,306		720,182,741		543,603		720,998,650
Ireland		40,573,062		165,152,213		—		205,725,275
Israel		39,621,237		315,683,835		—		355,305,072
Italy		12,465,214		754,606,930		—		767,072,144
Japan		130,224,562		6,392,862,508		—		6,523,087,070
Netherlands		176,478,817		842,682,980		—		1,019,161,797
New Zealand		243,508		132,443,661		—		132,687,169
Norway		20,492,774		293,076,423		—		313,569,197
Portugal		335,037		83,049,779		—		83,384,816
Singapore		6,017,571		278,433,958		236,304		284,687,833

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Spain	$	6,649,588		$	690,189,340		—	$	696,838,928
Sweden		4,412,029			968,274,813		—		972,686,842
Switzerland		135,983,454			2,235,147,650		—		2,371,131,104
United Kingdom		778,562,593			3,164,998,558	$	137		3,943,561,288
United States		1,740,418			562,229		—		2,302,647
Preferred Stocks
Australia		—			18,393		—		18,393
Germany		—			149,423,437		—		149,423,437
Rights/Warrants
Australia		—			41,410		—		41,410
Canada		—			291,215		—		291,215
Hong Kong		—			540		—		540
Switzerland		—			141,692		—		141,692
Securities Lending Collateral		—			2,376,312,624		—		2,376,312,624
Futures Contracts**		(8,505,499	)		—		—		(8,505,499	)

TOTAL	$	5,341,043,908		$	27,673,422,492	$	803,896^	$	33,015,270,296

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

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

See accompanying Notes to Financial Statements.

GLOBAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Small Cap Portfolio of
DFA Investment Dimensions Group Inc.		1,276,443	$	52,142,703
Investment in The Continental Small Company Series of
The DFA Investment Trust Company				10,485,292
Investment in The Emerging Markets Small Cap Series of
The DFA Investment Trust Company				10,453,076
Investment in The Japanese Small Company Series of
The DFA Investment Trust Company				5,633,178
Investment in The United Kingdom Small Company Series of
The DFA Investment Trust Company				3,278,567
Investment in The Canadian Small Company Series of
The DFA Investment Trust Company				3,051,887
Investment in The Asia Pacific Small Company Series of
The DFA Investment Trust Company				2,940,126

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $82,502,365)			$	87,984,829

Summary of the Portfolio’s investments as of April 30, 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	$	87,984,829		—		—	$	87,984,829

TOTAL	$	87,984,829		—		—	$	87,984,829

See accompanying Notes to Financial Statements.

INTERNATIONAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


			Value†
AFFILIATED INVESTMENT COMPANIES — (99.0%)
Investment in The Continental Small Company Series of
The DFA Investment Trust Company			$	4,570,727,936
Investment in The Japanese Small Company Series of
The DFA Investment Trust Company				2,419,991,703
Investment in The United Kingdom Small Company Series of
The DFA Investment Trust Company				1,455,212,223
Investment in The Canadian Small Company Series of
The DFA Investment Trust Company				1,295,420,205
Investment in The Asia Pacific Small Company Series of
The DFA Investment Trust Company				1,277,046,437

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES			$	11,018,398,504

	Shares
TEMPORARY CASH INVESTMENTS — (1.0%)
State Street Institutional U.S. Government Money Market Fund, 0.290% (Cost $109,955,736)		109,955,736		109,955,736

TOTAL INVESTMENTS — (100.0%) (Cost $10,155,063,224)			$	11,128,354,240

As of April 30, 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		473		06/17/22	$	105,958,447	$	97,615,375	$	(8,343,072	)

Total Futures Contracts					$	105,958,447	$	97,615,375	$	(8,343,072	)

Summary of the Portfolio’s investments as of April 30, 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	$	11,018,398,504			—		—	$	11,018,398,504
Temporary Cash Investments		109,955,736			—		—		109,955,736
Futures Contracts**		(8,343,072	)		—		—		(8,343,072	)

TOTAL	$	11,120,011,168			—		—	$	11,120,011,168

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

See accompanying Notes to Financial Statements.

JAPANESE SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Japanese Small Company Series of
The DFA Investment Trust Company	$	308,407,426

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	308,407,426

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

ASIA PACIFIC SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Asia Pacific Small Company Series of
The DFA Investment Trust Company	$	340,209,740

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	340,209,740

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

UNITED KINGDOM SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The United Kingdom Small Company Series of
The DFA Investment Trust Company	$	24,366,077

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	24,366,077

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

CONTINENTAL SMALL COMPANY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Continental Small Company Series of
The DFA Investment Trust Company	$	786,293,025

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	786,293,025

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.5%)
AUSTRALIA — (19.9%)
	Charter Hall Group		5,288,420	$	56,836,802		1.0	%
	Dexus		12,004,936		93,861,414		1.7	%
	Goodman Group		19,581,099		325,905,626		5.8	%
	GPT Group		21,196,642		75,351,606		1.3	%
††^	GPT Group		38,018,670		126,252		0.0	%
	Mirvac Group		44,106,555		74,544,057		1.3	%
	Scentre Group		58,796,066		122,502,232		2.2	%
	Stockland		27,192,183		78,705,797		1.4	%
	Vicinity Centres		43,940,343		57,333,981		1.0	%
	Other Securities				277,910,641		5.0	%

TOTAL AUSTRALIA					1,163,078,408		20.7	%

BELGIUM — (3.8%)
	Aedifica SA		402,630		47,724,888		0.9	%
#	Cofinimmo SA		336,838		45,232,345		0.8	%
	Warehouses De Pauw CVA		1,571,756		60,465,725		1.1	%
	Other Securities				70,776,106		1.2	%

TOTAL BELGIUM					224,199,064		4.0	%

CANADA — (5.7%)
#	Canadian Apartment Properties REIT		959,302		37,576,053		0.7	%
#	RioCan Real Estate Investment Trust		1,732,355		32,364,084		0.6	%
	Other Securities				264,344,080		4.7	%

TOTAL CANADA					334,284,217		6.0	%

CHINA — (0.2%)
	Other Securities				12,286,449		0.2	%

FRANCE — (3.5%)
#	Covivio		566,044		40,312,311		0.7	%
	Gecina SA		505,513		56,945,096		1.0	%
#	Klepierre SA		2,241,804		53,659,032		1.0	%
	Other Securities				52,318,298		0.9	%

TOTAL FRANCE					203,234,737		3.6	%

GERMANY — (0.2%)
	Other Security				11,220,959		0.2	%

HONG KONG — (4.2%)
	Link REIT		23,641,227		204,207,776		3.7	%
	Other Securities				39,428,018		0.7	%

TOTAL HONG KONG					243,635,794		4.4	%

IRELAND — (0.4%)
	Other Securities				21,913,704		0.4	%

ITALY — (0.1%)
	Other Securities				5,288,160		0.1	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
JAPAN — (22.1%)
	Advance Residence Investment Corp.		15,077	$	41,286,992		0.7	%
	Daiwa House REIT Investment Corp.		25,191		61,314,933		1.1	%
	GLP J-Reit		48,304		65,180,189		1.2	%
	Industrial & Infrastructure Fund Investment Corp.		21,470		30,806,973		0.5	%
	Japan Metropolitan Fund Invest		78,657		62,518,828		1.1	%
	Japan Prime Realty Investment Corp.		9,547		28,963,282		0.5	%
	Japan Real Estate Investment Corp.		14,810		71,678,272		1.3	%
	Nippon Building Fund, Inc.		17,157		89,067,195		1.6	%
	Nippon Prologis REIT, Inc.		25,193		69,728,373		1.2	%
#	Nomura Real Estate Master Fund, Inc.		49,331		61,936,993		1.1	%
	Orix JREIT, Inc.		29,832		40,324,532		0.7	%
	United Urban Investment Corp.		33,657		36,825,319		0.7	%
	Other Securities				633,541,067		11.3	%

TOTAL JAPAN					1,293,172,948		23.0	%

MALAYSIA — (0.4%)
	Other Securities				25,325,944		0.5	%

MEXICO — (1.5%)
	Fibra Uno Administracion SA de CV		34,097,698		37,261,591		0.7	%
	Other Securities				49,077,300		0.9	%

TOTAL MEXICO					86,338,891		1.6	%

NETHERLANDS — (2.4%)
#*	Unibail-Rodamco-Westfield		6,567,037		23,264,579		0.4	%
*	Unibail-Rodamco-Westfield		1,117,588		78,873,677		1.4	%
	Other Securities				38,461,727		0.7	%

TOTAL NETHERLANDS					140,599,983		2.5	%

NEW ZEALAND — (1.2%)
	Other Securities				73,135,945		1.3	%

SINGAPORE — (9.9%)
#	Ascendas Real Estate Investment Trust		37,326,780		76,799,077		1.4	%
	CapitaLand Integrated Commercial Trust		56,051,711		93,919,760		1.7	%
	Frasers Logistics & Commercial Trust		30,135,033		31,381,400		0.6	%
	Mapletree Commercial Trust		23,930,406		32,184,514		0.6	%
	Mapletree Industrial Trust		21,943,390		41,233,406		0.7	%
	Mapletree Logistics Trust		37,016,047		47,540,494		0.8	%
	Suntec Real Estate Investment Trust		22,025,700		29,097,432		0.5	%
	Other Securities				226,824,949		4.0	%

TOTAL SINGAPORE					578,981,032		10.3	%

SOUTH AFRICA — (1.8%)
	Growthpoint Properties Ltd.		39,877,939		35,654,107		0.6	%
	Other Securities				71,629,689		1.3	%

TOTAL SOUTH AFRICA					107,283,796		1.9	%

SOUTH KOREA — (0.2%)
	Other Securities				12,380,113		0.2	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SPAIN — (1.4%)
	Inmobiliaria Colonial Socimi SA		3,480,242	$	28,939,540		0.5	%
	Merlin Properties Socimi SA		4,203,370		45,663,966		0.8	%
	Other Security				5,085,718		0.1	%

TOTAL SPAIN					79,689,224		1.4	%

TAIWAN — (0.3%)
	Other Securities				16,070,050		0.3	%

TURKEY — (0.3%)
	Other Securities				17,164,413		0.3	%

UNITED KINGDOM — (15.0%)
	Big Yellow Group PLC		2,149,302		38,842,119		0.7	%
	British Land Co. PLC		10,163,606		65,468,008		1.2	%
	Derwent London PLC		1,170,093		44,395,576		0.8	%
	Land Securities Group PLC		8,241,026		77,289,031		1.4	%
	LondonMetric Property PLC		11,872,399		40,127,174		0.7	%
	Safestore Holdings PLC		2,696,795		42,425,340		0.8	%
	Segro PLC		14,167,739		237,197,741		4.2	%
	Tritax Big Box REIT PLC		22,688,632		69,260,867		1.2	%
	UNITE Group PLC		3,953,553		55,983,148		1.0	%
	Other Securities				205,307,516		3.6	%

TOTAL UNITED KINGDOM					876,296,520		15.6	%

TOTAL COMMON STOCKS (Cost $5,217,110,749)					5,525,580,351		98.5	%

TOTAL INVESTMENT SECURITIES (Cost $5,217,110,749)					5,525,580,351


				Value†
SECURITIES LENDING COLLATERAL — (5.5%)
@§	The DFA Short Term Investment Fund		27,835,352		321,971,513		5.7	%

TOTAL INVESTMENTS — (100.0%) (Cost $5,539,093,551)				$	5,847,551,864		104.2	%

As of April 30, 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		220		06/17/22	$	48,627,313	$	45,402,500	$	(3,224,813	)

Total Futures Contracts					$	48,627,313	$	45,402,500	$	(3,224,813	)

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of April 30, 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	$	541,304		$	1,162,410,852	$	126,252	$	1,163,078,408
Belgium		—			224,199,064		—		224,199,064
Canada		334,284,217			—		—		334,284,217
China		—			12,286,449		—		12,286,449
France		—			203,234,737		—		203,234,737
Germany		—			11,220,959		—		11,220,959
Hong Kong		—			243,635,794		—		243,635,794
Ireland		—			21,913,704		—		21,913,704
Italy		—			5,288,160		—		5,288,160
Japan		—			1,293,172,948		—		1,293,172,948
Malaysia		—			25,325,944		—		25,325,944
Mexico		86,338,891			—		—		86,338,891
Netherlands		—			140,599,983		—		140,599,983
New Zealand		—			73,135,945		—		73,135,945
Singapore		—			578,981,032		—		578,981,032
South Africa		—			107,283,796		—		107,283,796
South Korea		—			12,380,113		—		12,380,113
Spain		—			79,689,224		—		79,689,224
Taiwan		—			16,070,050		—		16,070,050
Turkey		—			17,164,413		—		17,164,413
United Kingdom		—			876,296,520		—		876,296,520
Securities Lending Collateral		—			321,971,513		—		321,971,513
Futures Contracts**		(3,224,813	)		—		—		(3,224,813	)

TOTAL	$	417,939,599		$	5,426,261,200	$	126,252^	$	5,844,327,051

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

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

See accompanying Notes to Financial Statements.

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (59.4%)
UNITED STATES — (59.4%)
	Alexandria Real Estate Equities, Inc.		636,760	$	115,992,202		1.2	%
	American Campus Communities, Inc.		593,164		38,359,916		0.4	%
	American Homes 4 Rent, Class A		1,300,054		51,495,155		0.5	%
	American Tower Corp.		1,930,005		465,169,805		4.7	%
	Apartment Income REIT Corp.		668,532		32,871,721		0.3	%
	AvalonBay Communities, Inc.		595,358		135,432,038		1.4	%
#	Boston Properties, Inc.		631,669		74,284,274		0.7	%
	Brixmor Property Group, Inc.		1,267,435		32,167,500		0.3	%
	Camden Property Trust		432,559		67,864,182		0.7	%
	Crown Castle International Corp.		1,842,366		341,224,607		3.4	%
	CubeSmart		880,437		41,829,562		0.4	%
	Digital Realty Trust, Inc.		1,175,092		171,704,414		1.7	%
	Duke Realty Corp.		1,606,695		87,966,551		0.9	%
	EastGroup Properties, Inc.		172,932		32,424,750		0.3	%
	Equinix, Inc.		385,201		276,990,335		2.8	%
	Equity LifeStyle Properties, Inc.		734,982		56,799,409		0.6	%
	Equity Residential		1,579,900		128,761,850		1.3	%
	Essex Property Trust, Inc.		277,372		91,330,278		0.9	%
	Extra Space Storage, Inc.		565,224		107,392,560		1.1	%
	Federal Realty Investment Trust		306,103		35,832,417		0.4	%
	First Industrial Realty Trust, Inc.		559,467		32,449,086		0.3	%
	Gaming & Leisure Properties, Inc.		979,486		43,469,589		0.4	%
	Healthcare Trust of America, Inc., Class A		939,748		28,624,724		0.3	%
	Healthpeak Properties, Inc.		2,298,884		75,426,384		0.8	%
	Host Hotels & Resorts, Inc.		2,986,477		60,774,807		0.6	%
	Invitation Homes, Inc.		2,560,205		101,947,358		1.0	%
#	Iron Mountain, Inc.		1,208,818		64,949,791		0.7	%
	Kilroy Realty Corp.		447,004		31,290,280		0.3	%
	Kimco Realty Corp.		2,552,009		64,642,396		0.7	%
	Lamar Advertising Co., Class A		364,052		40,194,981		0.4	%
	Life Storage, Inc.		336,205		44,543,734		0.4	%
	Medical Properties Trust, Inc.		2,495,489		45,892,043		0.5	%
	Mid-America Apartment Communities, Inc.		488,169		96,012,985		1.0	%
	National Retail Properties, Inc.		748,456		32,812,311		0.3	%
	Prologis, Inc.		3,147,758		504,554,062		5.1	%
	Public Storage		668,747		248,439,510		2.5	%
	Realty Income Corp.		2,452,274		170,089,705		1.7	%
	Regency Centers Corp.		682,674		46,988,424		0.5	%
	Rexford Industrial Realty, Inc.		636,647		49,683,932		0.5	%
	SBA Communications Corp.		465,813		161,688,350		1.6	%
	Simon Property Group, Inc.		1,437,329		169,604,822		1.7	%
	STORE Capital Corp.		1,063,612		30,238,489		0.3	%
	Sun Communities, Inc.		485,357		85,214,128		0.9	%
	UDR, Inc.		1,330,028		70,770,790		0.7	%
	Ventas, Inc.		1,683,187		93,501,058		0.9	%
#	VICI Properties, Inc.		2,650,567		79,013,388		0.8	%
#	Welltower, Inc.		1,874,206		170,196,647		1.7	%
	WP Carey, Inc.		778,943		62,915,226		0.6	%

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
UNITED STATES — (Continued)
	Other Securities			$	867,448,315		8.6	%

TOTAL UNITED STATES					5,959,270,841		59.8	%

TOTAL COMMON STOCKS					5,959,270,841		59.8	%


				Value†
AFFILIATED INVESTMENT COMPANIES — (39.8%)
	DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		803,070,109		3,453,201,471		34.7	%
	DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc.		11,467,258		539,649,144		5.4	%

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES					3,992,850,615		40.1	%

TOTAL INVESTMENT SECURITIES (Cost $8,352,517,555)					9,952,121,456

SECURITIES LENDING COLLATERAL — (0.8%)
@§	The DFA Short Term Investment Fund		7,260,936		83,987,252		0.8	%

TOTAL INVESTMENTS — (100.0%) (Cost $8,436,502,348)				$	10,036,108,708		100.7	%

Summary of the Portfolio’s investments as of April 30, 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	$	5,959,169,989	$	100,852		—	$	5,959,270,841
Affiliated Investment Companies		3,992,850,615		—		—		3,992,850,615
Securities Lending Collateral		—		83,987,252		—		83,987,252

TOTAL	$	9,952,020,604	$	84,088,104		—	$	10,036,108,708

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (95.5%)
AUSTRALIA — (7.1%)
	Downer EDI Ltd.		10,953,330	$	42,378,480		0.4	%
	Sims Ltd.		2,944,653		42,576,427		0.4	%
	Whitehaven Coal Ltd.		12,373,145		42,489,936		0.4	%
	Other Securities				709,608,331		6.0	%

TOTAL AUSTRALIA					837,053,174		7.2	%

AUSTRIA — (0.7%)
	Other Securities				86,708,062		0.8	%

BELGIUM — (1.7%)
	Ackermans & van Haaren NV		309,639		55,201,252		0.5	%
#	Euronav NV		3,409,575		39,424,267		0.3	%
	Other Securities				103,542,829		0.9	%

TOTAL BELGIUM					198,168,348		1.7	%

CANADA — (12.1%)
#	Alamos Gold, Inc., Class A		7,369,633		57,252,121		0.5	%
#	Birchcliff Energy Ltd.		5,486,552		40,146,023		0.4	%
#	Canadian Western Bank		1,923,567		48,529,021		0.4	%
#	Centerra Gold, Inc.		4,783,502		44,273,412		0.4	%
#	Crescent Point Energy Corp.		6,629,597		45,929,563		0.4	%
	Linamar Corp.		965,007		38,220,181		0.3	%
#*	MEG Energy Corp.		5,053,207		75,917,094		0.7	%
#	Whitecap Resources, Inc.		6,696,779		54,892,057		0.5	%
#	Yamana Gold, Inc.		12,479,727		68,875,775		0.6	%
	Other Securities				960,768,464		8.2	%

TOTAL CANADA					1,434,803,711		12.4	%

CHINA — (0.1%)
	Other Securities				17,175,965		0.1	%

DENMARK — (2.7%)
*	Jyske Bank AS		1,221,831		67,560,072		0.6	%
	Sydbank AS		1,542,083		53,005,794		0.5	%
	Other Securities				203,436,503		1.7	%

TOTAL DENMARK					324,002,369		2.8	%

FINLAND — (2.1%)
#	Metsa Board Oyj, Class B		3,895,732		41,983,529		0.4	%
#	TietoEVRY Oyj		1,526,296		38,290,540		0.3	%
	Other Securities				165,018,667		1.4	%

TOTAL FINLAND					245,292,736		2.1	%

FRANCE — (4.1%)
*	Elis SA		3,198,338		45,868,155		0.4	%
*	Rexel SA		2,278,807		46,680,586		0.4	%
#	SCOR SE		1,620,333		45,813,000		0.4	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
FRANCE — (Continued)
	Other Securities			$	343,117,957		3.0	%

TOTAL FRANCE					481,479,698		4.2	%

GERMANY — (7.0%)
	Aareal Bank AG		1,191,446		40,597,048		0.4	%
	Aurubis AG		1,012,874		115,102,377		1.0	%
	Freenet AG		1,988,277		55,012,098		0.5	%
*	K+S AG		3,675,240		123,443,902		1.1	%
#	Lanxess AG		1,300,909		50,288,020		0.4	%
	Rheinmetall AG		304,136		68,559,575		0.6	%
	Other Securities				369,213,023		3.1	%

TOTAL GERMANY					822,216,043		7.1	%

GREECE — (0.0%)
	Other Securities				1,812		0.0	%

HONG KONG — (2.4%)
	Other Securities				286,916,040		2.5	%

IRELAND — (0.3%)
	Other Securities				40,469,774		0.4	%

ISRAEL — (1.5%)
	Other Securities				177,243,388		1.5	%

ITALY — (4.1%)
	A2A SpA		22,526,442		38,487,718		0.3	%
#	Banco BPM SpA		25,704,843		80,988,158		0.7	%
*	Leonardo SpA		4,461,365		45,913,637		0.4	%
	Unipol Gruppo SpA		10,437,854		56,913,641		0.5	%
	Other Securities				257,348,348		2.2	%

TOTAL ITALY					479,651,502		4.1	%

JAPAN — (21.8%)
	Other Securities				2,575,539,421		22.2	%

NETHERLANDS — (2.8%)
	APERAM SA		1,155,198		44,587,726		0.4	%
	ASR Nederland NV		2,841,742		129,153,413		1.1	%
	Boskalis Westminster		1,096,676		38,087,877		0.3	%
#	SBM Offshore NV		4,336,093		62,834,933		0.5	%
	Other Securities				53,834,397		0.5	%

TOTAL NETHERLANDS					328,498,346		2.8	%

NEW ZEALAND — (0.3%)
	Other Securities				39,368,186		0.3	%

NORWAY — (1.1%)
	Other Securities				125,007,829		1.1	%

PORTUGAL — (0.3%)
	Other Securities				35,770,715		0.3	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SINGAPORE — (0.9%)
	Other Securities			$	103,096,791		0.9	%

SPAIN — (2.2%)
	Banco de Sabadell SA		55,222,945		42,857,100		0.4	%
	Bankinter SA		11,495,360		67,648,749		0.6	%
	Other Securities				153,820,425		1.3	%

TOTAL SPAIN					264,326,274		2.3	%

SWEDEN — (2.7%)
	Other Securities				320,189,744		2.8	%

SWITZERLAND — (5.8%)
	Allreal Holding AG		289,293		54,567,300		0.5	%
	Helvetia Holding AG		629,771		80,929,767		0.7	%
	Siegfried Holding AG		64,599		46,830,359		0.4	%
	Swiss Prime Site AG		527,115		51,522,583		0.4	%
	Other Securities				446,898,700		3.9	%

TOTAL SWITZERLAND					680,748,709		5.9	%

UNITED KINGDOM — (11.7%)
	Bellway PLC		1,802,277		54,739,243		0.5	%
	Close Brothers Group PLC		3,289,003		45,605,030		0.4	%
	Drax Group PLC		6,216,333		62,820,389		0.5	%
	Grafton Group PLC		5,475,243		66,312,087		0.6	%
	Man Group PLC		14,468,398		42,168,541		0.4	%
	Paragon Banking Group PLC		6,577,529		40,677,095		0.4	%
	Redrow PLC		6,644,105		43,554,077		0.4	%
	Travis Perkins PLC		4,464,949		68,101,295		0.6	%
	Vistry Group PLC		5,253,423		54,809,368		0.5	%
	Other Securities				899,238,747		7.6	%

TOTAL UNITED KINGDOM					1,378,025,872		11.9	%

TOTAL COMMON STOCKS					11,281,754,509		97.4	%

PREFERRED STOCKS — (0.1%)
GERMANY — (0.1%)
	Other Securities				17,298,622		0.1	%

RIGHTS/WARRANTS — (0.0%)
CANADA — (0.0%)
	Other Security				69,041		0.0	%

SWITZERLAND — (0.0%)
	Other Security				378,297		0.0	%

TOTAL RIGHTS/WARRANTS					447,338		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $10,671,899,092)					11,299,500,469

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (4.4%)
@§	The DFA Short Term Investment Fund		44,836,577	$	518,624,690		4.5	%

TOTAL INVESTMENTS — (100.0%) (Cost $11,190,457,821)				$	11,818,125,159		102.0	%

As of April 30, 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		854		06/17/22	$	184,855,611	$	176,244,250	$	(8,611,361	)

Total Futures Contracts					$	184,855,611	$	176,244,250	$	(8,611,361	)

Summary of the Portfolio’s investments as of April 30, 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		—	$	837,053,174		—	$	837,053,174
Austria		—		86,708,062		—		86,708,062
Belgium	$	1,843,031		196,325,317		—		198,168,348
Canada		1,433,881,752		921,959		—		1,434,803,711
China		12,485,033		4,690,932		—		17,175,965
Denmark		—		324,002,369		—		324,002,369
Finland		—		245,292,736		—		245,292,736
France		—		481,479,698		—		481,479,698
Germany		—		822,216,043		—		822,216,043
Greece		—		—	$	1,812		1,812
Hong Kong		—		286,396,893		519,147		286,916,040
Ireland		—		40,469,774		—		40,469,774
Israel		178,844		177,064,544		—		177,243,388
Italy		—		479,651,502		—		479,651,502
Japan		5,005,617		2,570,533,804		—		2,575,539,421
Netherlands		—		328,498,346		—		328,498,346
New Zealand		—		39,368,186		—		39,368,186
Norway		2,641,586		122,366,243		—		125,007,829
Portugal		—		35,770,715		—		35,770,715
Singapore		—		101,949,327		1,147,464		103,096,791
Spain		—		264,326,274		—		264,326,274
Sweden		10,202,251		309,987,493		—		320,189,744
Switzerland		—		680,748,709		—		680,748,709
United Kingdom		—		1,378,025,872		—		1,378,025,872
Preferred Stocks
Germany		—		17,298,622		—		17,298,622
Rights/Warrants
Canada		—		69,041		—		69,041
Switzerland		—		378,297		—		378,297

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		— ��		$	518,624,690		—	$	518,624,690
Futures Contracts**	$	(8,611,361	)		—		—		(8,611,361	)

TOTAL	$	1,457,626,753		$	10,350,218,622	$	1,668,423^	$	11,809,513,798

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

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

See accompanying Notes to Financial Statements.

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (92.7%)
AUSTRALIA — (6.6%)
	BHP Group Ltd.		178,389	$	5,960,944		0.2	%
	National Australia Bank Ltd.		308,973		7,053,444		0.2	%
	Santos Ltd.		1,101,699		6,156,371		0.2	%
	Westpac Banking Corp.		357,485		5,984,295		0.2	%
	Other Securities				207,151,971		6.1	%

TOTAL AUSTRALIA					232,307,025		6.9	%

AUSTRIA — (0.6%)
	Other Securities				21,384,115		0.6	%

BELGIUM — (1.3%)
	Other Securities				45,142,857		1.3	%

CANADA — (11.3%)
	Bank of Nova Scotia		102,743		6,505,687		0.2	%
#	Canadian Natural Resources Ltd.		99,485		6,155,137		0.2	%
	Cenovus Energy, Inc.		372,350		6,881,028		0.2	%
	Fairfax Financial Holdings Ltd.		12,635		6,942,488		0.2	%
	Magna International, Inc.		140,149		8,446,780		0.3	%
	Royal Bank of Canada		61,845		6,246,362		0.2	%
	Suncor Energy, Inc.		242,441		8,713,330		0.3	%
#	Teck Resources Ltd., Class B		244,859		9,662,136		0.3	%
	Tourmaline Oil Corp.		207,214		10,671,606		0.3	%
	West Fraser Timber Co. Ltd.		67,811		5,960,047		0.2	%
	Other Securities				323,463,171		9.6	%

TOTAL CANADA					399,647,772		12.0	%

CHINA — (0.1%)
	Other Securities				3,194,939		0.1	%

DENMARK — (2.2%)
	Novo Nordisk AS, Class B		47,591		5,436,141		0.2	%
	Other Securities				72,026,865		2.1	%

TOTAL DENMARK					77,463,006		2.3	%

FINLAND — (1.5%)
	Other Securities				53,834,911		1.6	%

FRANCE — (6.9%)
	Arkema SA		51,529		5,871,436		0.2	%
#	BNP Paribas SA		106,510		5,522,689		0.2	%
#	Bouygues SA		184,276		6,336,007		0.2	%
	Cie de Saint-Gobain		105,389		6,148,200		0.2	%
	Cie Generale des Etablissements Michelin SCA		86,973		10,772,468		0.3	%
	Engie SA		465,874		5,497,532		0.2	%
	Orange SA		1,316,569		15,674,276		0.5	%
	TotalEnergies SE		308,861		15,165,991		0.5	%
	Other Securities				173,145,238		5.0	%

TOTAL FRANCE					244,133,837		7.3	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
GERMANY — (5.9%)
	Allianz SE		36,861	$	8,317,098		0.3	%
*	Commerzbank AG		883,755		5,769,439		0.2	%
W	Covestro AG		168,512		7,255,373		0.2	%
*	K+S AG		192,423		6,463,101		0.2	%
	Mercedes-Benz Group AG		163,910		11,441,109		0.4	%
	Other Securities				168,514,911		4.9	%

TOTAL GERMANY					207,761,031		6.2	%

HONG KONG — (2.2%)
	Other Securities				76,156,502		2.3	%

IRELAND — (0.6%)
	Other Securities				19,646,738		0.6	%

ISRAEL — (1.3%)
	Other Securities				46,334,400		1.4	%

ITALY — (2.4%)
	Other Securities				84,707,539		2.5	%

JAPAN — (21.1%)
	ENEOS Holdings, Inc.		2,073,570		7,296,089		0.2	%
	Mitsubishi UFJ Financial Group, Inc.		1,117,000		6,493,538		0.2	%
	SoftBank Group Corp.		192,900		7,934,022		0.3	%
	Toyota Motor Corp.		430,090		7,369,035		0.2	%
	Other Securities				713,367,098		21.3	%

TOTAL JAPAN.					742,459,782		22.2	%

NETHERLANDS — (3.2%)
	Aegon NV		1,281,817		6,645,810		0.2	%
	ArcelorMittal SA		227,139		6,641,561		0.2	%
	ASR Nederland NV		149,446		6,792,123		0.2	%
	Koninklijke Ahold Delhaize NV		350,033		10,324,561		0.3	%
	Other Securities				82,164,161		2.5	%

TOTAL NETHERLANDS					112,568,216		3.4	%

NEW ZEALAND — (0.4%)
	Other Securities				15,080,173		0.5	%

NORWAY — (0.9%)
	Other Securities				33,080,629		1.0	%

PORTUGAL — (0.3%)
	Other Securities				10,476,069		0.3	%

SINGAPORE — (0.9%)
	Other Securities				29,936,241		0.9	%

SPAIN — (2.0%)
	Repsol SA		415,110		6,192,560		0.2	%
	Other Securities				65,163,610		1.9	%

TOTAL SPAIN					71,356,170		2.1	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SWEDEN — (2.9%)
	Other Securities			$	103,329,535		3.1	%

SWITZERLAND — (7.1%)
	Julius Baer Group Ltd.		127,245		6,080,761		0.2	%
	Nestle SA		126,847		16,375,196		0.5	%
	Novartis AG, Sponsored ADR		70,669		6,220,992		0.2	%
	Swiss Life Holding AG		11,301		6,607,865		0.2	%
	Swiss Prime Site AG		56,116		5,485,029		0.2	%
#	Swisscom AG		15,415		9,114,902		0.3	%
	Vifor Pharma AG		38,547		6,809,267		0.2	%
	Zurich Insurance Group AG		14,535		6,617,342		0.2	%
	Other Securities				187,384,358		5.5	%

TOTAL SWITZERLAND					250,695,712		7.5	%

UNITED KINGDOM — (11.0%)
	Aviva PLC		1,051,807		5,643,076		0.2	%
	BP PLC		1,487,940		7,183,467		0.2	%
	British American Tobacco PLC		154,373		6,470,135		0.2	%
#	HSBC Holdings PLC, Sponsored ADR		320,826		9,948,814		0.3	%
	Shell PLC, Sponsored ADR		311,988		16,669,519		0.5	%
	Other Securities				343,723,995		10.3	%

TOTAL UNITED KINGDOM					389,639,006		11.7	%

UNITED STATES — (0.0%)
	Other Securities				163,948		0.0	%

TOTAL COMMON STOCKS					3,270,500,153		97.8	%

PREFERRED STOCKS — (0.4%)
GERMANY — (0.4%)
	Other Securities				13,277,226		0.4	%

RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities				3,051		0.0	%

CANADA — (0.0%)
	Other Securities				146,738		0.0	%

HONG KONG — (0.0%)
	Other Security				345		0.0	%

SWITZERLAND — (0.0%)
	Other Security				30,204		0.0	%

TOTAL RIGHTS/WARRANTS					180,338		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $2,850,696,711)					3,283,957,717

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
SECURITIES LENDING COLLATERAL — (6.9%)
@§	The DFA Short Term Investment Fund		21,046,989	$	243,450,527		7.3	%

TOTAL INVESTMENTS — (100.0%) (Cost $3,094,116,308)				$	3,527,408,244		105.5	%

As of April 30, 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		147		06/17/22	$	31,793,929	$	30,337,125	$	(1,456,804	)

Total Futures Contracts					$	31,793,929	$	30,337,125	$	(1,456,804	)

Summary of the Portfolio’s investments as of April 30, 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	$	4,782,235	$	227,524,790		—	$	232,307,025
Austria		—		21,384,115		—		21,384,115
Belgium		2,205,619		42,937,238		—		45,142,857
Canada		398,490,147		1,157,625		—		399,647,772
China		909,439		2,285,500		—		3,194,939
Denmark		—		77,463,006		—		77,463,006
Finland		—		53,834,911		—		53,834,911
France		315,739		243,816,373	$	1,725		244,133,837
Germany		6,001,608		201,759,423		—		207,761,031
Hong Kong		61,953		76,008,643		85,906		76,156,502
Ireland		4,921,733		14,725,005		—		19,646,738
Israel		4,852,032		41,482,368		—		46,334,400
Italy		1,389,303		83,318,236		—		84,707,539
Japan		11,479,404		730,980,378		—		742,459,782
Netherlands		14,657,655		97,910,561		—		112,568,216
New Zealand		10,728		15,069,445		—		15,080,173
Norway		289,390		32,791,239		—		33,080,629
Portugal		—		10,476,069		—		10,476,069
Singapore		600,234		29,288,461		47,546		29,936,241
Spain		2,272,544		69,083,626		—		71,356,170
Sweden		791,977		102,537,558		—		103,329,535
Switzerland		18,188,368		232,507,344		—		250,695,712
United Kingdom		50,487,814		339,151,192		—		389,639,006
United States		132,762		31,186		—		163,948
Preferred Stocks
Germany		—		13,277,226		—		13,277,226
Rights/Warrants
Australia		—		3,051		—		3,051
Canada		—		146,738		—		146,738
Hong Kong		—		345		—		345
Switzerland		—		30,204		—		30,204

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	243,450,527		—	$	243,450,527
Futures Contracts**	$	(1,456,804	)		—		—		(1,456,804	)

TOTAL	$	521,383,880		$	3,004,432,383	$	135,177^	$	3,525,951,440

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

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

See accompanying Notes to Financial Statements.

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»			Percentage of Net Assets‡
COMMON STOCKS — (93.0%)
AUSTRALIA — (7.2%)
	BHP Group Ltd.		252,734	$	8,445,214			0.4	%
	BHP Group Ltd.		242,244		8,118,186			0.4	%
	BHP Group Ltd., Sponsored ADR		439,796		29,457,536			1.4	%
	CSL Ltd.		89,023		16,990,050			0.8	%
	Other Securities				92,320,127			4.6	%

TOTAL AUSTRALIA					155,331,113			7.6	%

AUSTRIA — (0.2%)
	Other Securities				3,530,345			0.2	%

BELGIUM — (0.6%)
	Other Securities				13,970,103			0.7	%

CANADA — (10.6%)
	Canadian National Railway Co.		103,129		12,128,385			0.6	%
	Canadian Natural Resources Ltd.		277,342		17,159,150			0.8	%
	Constellation Software, Inc.		6,141		9,665,126			0.5	%
	National Bank of Canada		139,276		9,727,041			0.5	%
	Royal Bank of Canada		185,318		18,717,168			0.9	%
	Royal Bank of Canada		64,164		6,482,489			0.3	%
	Suncor Energy, Inc.		277,993		9,991,068			0.5	%
	Other Securities				145,743,905			7.2	%

TOTAL CANADA					229,614,332			11.3	%

CHINA — (0.0%)
	Other Security				855,821			0.0	%

DENMARK — (3.0%)
#	Novo Nordisk AS, Class B		490,008		55,971,767			2.8	%
	Other Securities				9,050,645			0.4	%

TOTAL DENMARK					65,022,412			3.2	%

FINLAND — (1.0%)
	Other Securities				21,058,121			1.0	%

FRANCE — (8.6%)
	Airbus SE		114,996		12,588,824			0.6	%
	Kering SA		19,489		10,369,559			0.5	%
	Legrand SA		117,175		10,383,365			0.5	%
	LVMH Moet Hennessy Louis Vuitton SE		67,951		43,973,471			2.2	%
	Orange SA		1,002,889		11,939,791			0.6	%
	Teleperformance		29,391		10,548,755			0.5	%
	Other Securities				85,893,403			4.2	%

TOTAL FRANCE					185,697,168			9.1	%

GERMANY — (6.4%)
	Bayer AG		221,721		14,604,993			0.7	%
	Deutsche Telekom AG		866,133		15,955,165	��		0.8	%
	E.ON SE		948,865		9,874,797			0.5	%

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
	Mercedes-Benz Group AG		196,327	$	13,703,854		0.7	%
	Other Securities				85,006,222		4.1	%

TOTAL GERMANY					139,145,031		6.8	%

HONG KONG — (2.1%)
	Hong Kong Exchanges & Clearing Ltd.		293,437		12,447,297		0.6	%
	Other Securities				32,622,851		1.6	%

TOTAL HONG KONG					45,070,148		2.2	%

IRELAND — (0.5%)
	Other Securities				11,296,516		0.6	%

ISRAEL — (0.6%)
	Other Securities				11,812,765		0.6	%

ITALY — (1.9%)
	Other Securities				41,822,352		2.0	%

JAPAN — (18.2%)
	Hitachi Ltd.		264,700		12,553,781		0.6	%
	KDDI Corp.		492,100		16,295,739		0.8	%
	Nintendo Co. Ltd.		26,500		12,094,354		0.6	%
	Recruit Holdings Co. Ltd.		267,200		9,694,441		0.5	%
	SoftBank Group Corp.		427,500		17,583,175		0.9	%
	Sony Group Corp.		328,700		28,367,144		1.4	%
	Tokyo Electron Ltd.		33,900		14,303,983		0.7	%
	Other Securities				284,939,735		13.9	%

TOTAL JAPAN					395,832,352		19.4	%

NETHERLANDS — (3.6%)
	ASML Holding NV		14,189		8,052,803		0.4	%
	ASML Holding NV		60,070		33,865,664		1.7	%
	Koninklijke Ahold Delhaize NV		362,294		10,686,211		0.5	%
	Wolters Kluwer NV		152,080		15,357,456		0.8	%
	Other Securities				10,945,538		0.5	%

TOTAL NETHERLANDS					78,907,672		3.9	%

NEW ZEALAND — (0.2%)
	Other Securities				5,160,401		0.3	%

NORWAY — (0.8%)
	Equinor ASA		304,550		10,293,657		0.5	%
	Other Securities				7,839,721		0.4	%

TOTAL NORWAY					18,133,378		0.9	%

PORTUGAL — (0.1%)
	Other Securities				2,898,574		0.1	%

SINGAPORE — (0.9%)
	Other Securities				18,793,357		0.9	%

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SPAIN — (2.0%)
	Iberdrola SA		977,909	$	11,236,965		0.6	%
	Telefonica SA		2,098,862		10,210,210		0.5	%
	Other Securities				21,845,812		1.0	%

TOTAL SPAIN					43,292,987		2.1	%

SWEDEN — (2.4%)
	Other Securities				52,712,939		2.6	%

SWITZERLAND — (8.4%)
	Givaudan SA		3,524		14,006,214		0.7	%
	Nestle SA		144,809		18,693,984		0.9	%
	Roche Holding AG		8,192		3,291,099		0.2	%
	Roche Holding AG		183,630		68,092,523		3.3	%
	Sika AG		36,778		11,234,134		0.6	%
	Other Securities				67,386,526		3.3	%

TOTAL SWITZERLAND					182,704,480		9.0	%

UNITED KINGDOM — (13.7%)
	Anglo American PLC		335,117		14,842,658		0.7	%
	Ashtead Group PLC		224,550		11,610,858		0.6	%
	BAE Systems PLC		1,327,767		12,264,127		0.6	%
	BT Group PLC		4,496,264		9,970,850		0.5	%
	Diageo PLC		80,730		4,027,527		0.2	%
	Diageo PLC, Sponsored ADR		106,135		21,086,902		1.0	%
	Ferguson PLC		94,077		11,801,910		0.6	%
	GlaxoSmithKline PLC		1,506,206		33,953,771		1.7	%
	Imperial Brands PLC		553,895		11,529,618		0.6	%
	Reckitt Benckiser Group PLC		138,595		10,808,409		0.5	%
	RELX PLC, Sponsored ADR		334,644		9,855,266		0.5	%
	Rio Tinto PLC		94,176		6,654,113		0.3	%
	Rio Tinto PLC, Sponsored ADR		251,488		17,885,827		0.9	%
	SSE PLC		626,665		14,554,812		0.7	%
	Unilever PLC		48,760		2,266,858		0.1	%
	Unilever PLC		62,170		2,885,563		0.1	%
	Unilever PLC, Sponsored ADR		587,080		27,158,321		1.3	%
	Other Securities				73,696,045		3.6	%

TOTAL UNITED KINGDOM					296,853,435		14.5	%

TOTAL COMMON STOCKS					2,019,515,802		99.0	%

PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
	Other Securities				11,345,831		0.5	%

TOTAL INVESTMENT SECURITIES (Cost $1,854,981,030)					2,030,861,633


				Value†
SECURITIES LENDING COLLATERAL— (6.5%)
@§	The DFA Short Term Investment Fund		12,131,990		140,330,728		6.9	%

TOTAL INVESTMENTS — (100.0%) (Cost $1,995,310,877)				$	2,171,192,361		106.4	%

INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO

CONTINUED

Summary of the Portfolios investments as of April 30, 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	$	29,457,536	$	125,873,577		—	$	155,331,113
Austria		—		3,530,345		—		3,530,345
Belgium		—		13,970,103		—		13,970,103
Canada		229,614,332		—		—		229,614,332
China		—		855,821		—		855,821
Denmark		—		65,022,412		—		65,022,412
Finland		—		21,058,121		—		21,058,121
France		2,285,784		183,411,384		—		185,697,168
Germany		—		139,145,031		—		139,145,031
Hong Kong		—		45,070,148		—		45,070,148
Ireland		3,333,111		7,963,405		—		11,296,516
Israel		1,923,109		9,889,656		—		11,812,765
Italy		3,826,287		37,996,065		—		41,822,352
Japan		—		395,832,352		—		395,832,352
Netherlands		33,865,664		45,042,008		—		78,907,672
New Zealand		—		5,160,401		—		5,160,401
Norway		—		18,133,378		—		18,133,378
Portugal		—		2,898,574		—		2,898,574
Singapore		505,674		18,287,683		—		18,793,357
Spain		—		43,292,987		—		43,292,987
Sweden		—		52,712,939		—		52,712,939
Switzerland		4,532,669		178,171,811		—		182,704,480
United Kingdom		77,179,325		219,674,110		—		296,853,435
Preferred Stocks
Germany		—		11,345,831		—		11,345,831
Securities Lending Collateral		—		140,330,728		—		140,330,728

TOTAL	$	386,523,491	$	1,784,668,870		—	$	2,171,192,361

See accompanying Notes to Financial Statements.

WORLD EX U.S. VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of
The DFA Investment Trust Company			$	122,120,105
Investment in Dimensional Emerging Markets Value Fund				62,209,215
Investment in DFA International Small Cap Value Portfolio of
DFA Investment Dimensions Group Inc.		841,177		16,646,899

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $174,165,645)			$	200,976,219

Summary of the Portfolios investments as of April 30, 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	$	200,976,219		—		—	$	200,976,219

TOTAL	$	200,976,219		—		—	$	200,976,219

See accompanying Notes to Financial Statements.

WORLD EX U.S. CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (94.1%)
AUSTRALIA — (4.6%)
	BHP Group Ltd.		352,621	$	11,782,980		0.3	%
#	BHP Group Ltd., Sponsored ADR		100,755		6,748,570		0.2	%
	Commonwealth Bank of Australia		87,813		6,382,557		0.2	%
	Other Securities				149,007,774		4.1	%

TOTAL AUSTRALIA					173,921,881		4.8	%

AUSTRIA — (0.3%)
	Other Securities				12,139,393		0.3	%

BELGIUM — (0.8%)
	Other Securities				29,014,659		0.8	%

BRAZIL — (1.4%)
	Vale SA		628,010		10,579,991		0.3	%
	Other Securities				42,137,337		1.1	%

TOTAL BRAZIL					52,717,328		1.4	%

CANADA — (7.6%)
	Bank of Montreal		65,266		6,920,807		0.2	%
	Bank of Nova Scotia		94,722		5,997,797		0.2	%
	Canadian National Railway Co.		47,248		5,557,310		0.2	%
	Canadian Natural Resources Ltd.		155,586		9,626,106		0.3	%
#	Royal Bank of Canada		108,786		10,987,416		0.3	%
	Royal Bank of Canada		97,598		9,860,326		0.3	%
	Suncor Energy, Inc.		165,422		5,945,267		0.2	%
	Toronto-Dominion Bank		89,325		6,452,838		0.2	%
	Tourmaline Oil Corp.		108,339		5,579,503		0.2	%
	Other Securities				220,200,926		5.8	%

TOTAL CANADA					287,128,296		7.9	%

CHILE — (0.1%)
	Other Securities				4,905,729		0.1	%

CHINA — (8.5%)
	China Construction Bank Corp., Class H		10,898,000		7,763,724		0.2	%
	Ping An Insurance Group Co. of China Ltd., Class H		908,000		5,739,207		0.2	%
	Tencent Holdings Ltd.		442,200		20,838,624		0.6	%
	Other Securities				288,924,569		7.9	%

TOTAL CHINA					323,266,124		8.9	%

COLOMBIA — (0.0%)
	Other Securities				1,743,704		0.0	%

CZECH REPUBLIC — (0.0%)
	Other Securities				1,506,881		0.0	%

DENMARK — (1.5%)
	Novo Nordisk AS, Class B		142,160		16,238,401		0.5	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
DENMARK — (Continued)
	Other Securities			$	40,176,896		1.0	%

TOTAL DENMARK					56,415,297		1.5	%

EGYPT — (0.0%)
	Other Securities				194,501		0.0	%

FINLAND — (1.0%)
	Other Securities				38,471,334		1.1	%

FRANCE — (5.0%)
	Air Liquide SA		33,223		5,747,854		0.2	%
	LVMH Moet Hennessy Louis Vuitton SE		21,810		14,114,015		0.4	%
	Orange SA		535,579		6,376,280		0.2	%
#	TotalEnergies SE		176,070		8,645,559		0.3	%
#	Vinci SA		66,251		6,428,590		0.2	%
	Other Securities				147,449,377		3.9	%

TOTAL FRANCE					188,761,675		5.2	%

GERMANY — (4.1%)
	Bayer AG		87,779		5,782,094		0.2	%
	Bayerische Motoren Werke AG		72,976		5,959,641		0.2	%
	Deutsche Telekom AG		371,759		6,848,228		0.2	%
	Mercedes-Benz Group AG		116,609		8,139,444		0.2	%
	Other Securities				128,301,266		3.4	%

TOTAL GERMANY					155,030,673		4.2	%

GREECE — (0.1%)
	Other Securities				2,979,525		0.1	%

HONG KONG — (1.4%)
	AIA Group Ltd.		608,200		5,974,809		0.2	%
	Other Securities				47,634,847		1.3	%

TOTAL HONG KONG					53,609,656		1.5	%

HUNGARY — (0.1%)
	Other Securities				2,379,135		0.1	%

INDIA — (5.0%)
	Infosys Ltd.		301,896		6,120,337		0.2	%
	Reliance Industries Ltd.		235,961		8,578,394		0.3	%
	Other Securities				173,702,617		4.7	%

TOTAL INDIA					188,401,348		5.2	%

INDONESIA — (0.6%)
	Other Securities				22,884,601		0.6	%

IRELAND — (0.5%)
#	CRH PLC, Sponsored ADR		191,724		7,588,436		0.2	%
	Other Securities				11,599,932		0.3	%

TOTAL IRELAND					19,188,368		0.5	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
ISRAEL — (0.8%)
	Other Securities			$	28,920,049		0.8	%

ITALY — (1.6%)
#	Stellantis NV		503,996		6,766,472		0.2	%
	Other Securities				55,945,016		1.5	%

TOTAL ITALY					62,711,488		1.7	%

JAPAN — (13.2%)
	SoftBank Group Corp.		157,844		6,492,161		0.2	%
	Sony Group Corp.		104,000		8,975,306		0.3	%
	Toyota Motor Corp.		1,130,315		19,366,485		0.6	%
	Other Securities				465,830,323		12.6	%

TOTAL JAPAN					500,664,275		13.7	%

MALAYSIA — (0.5%)
	Other Securities				20,319,837		0.6	%

MEXICO — (0.7%)
	Other Securities				26,973,298		0.7	%

NETHERLANDS — (2.1%)
	ASML Holding NV		20,610		11,619,300		0.3	%
	Koninklijke Ahold Delhaize NV		272,370		8,033,808		0.2	%
	Other Securities				59,626,479		1.7	%

TOTAL NETHERLANDS					79,279,587		2.2	%

NEW ZEALAND — (0.3%)
	Other Securities				10,944,940		0.3	%

NORWAY — (0.7%)
	Other Securities				24,890,153		0.7	%

PERU — (0.0%)
	Other Securities				300,735		0.0	%

PHILIPPINES — (0.2%)
	Other Securities				8,861,509		0.2	%

POLAND — (0.2%)
	Other Securities				9,613,405		0.3	%

PORTUGAL — (0.2%)
	Other Securities				6,128,768		0.2	%

QATAR — (0.2%)
	Other Securities				9,340,875		0.3	%

SAUDI ARABIA — (1.1%)
	Other Securities				41,385,571		1.1	%

SINGAPORE — (0.6%)
	Other Securities				22,945,978		0.6	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SOUTH AFRICA — (1.6%)
	Other Securities			$	61,850,810		1.7	%

SOUTH KOREA — (4.3%)
	Samsung Electronics Co. Ltd.		661,530		35,255,279		1.0	%
	SK Hynix, Inc.		63,826		5,592,951		0.2	%
	Other Securities				122,456,076		3.3	%

TOTAL SOUTH KOREA					163,304,306		4.5	%

SPAIN — (1.4%)
	Iberdrola SA		591,671		6,798,775		0.2	%
	Repsol SA		383,180		5,716,232		0.2	%
	Other Securities				39,011,449		1.0	%

TOTAL SPAIN					51,526,456		1.4	%

SWEDEN — (1.9%)
	Other Securities				73,589,596		2.0	%

SWITZERLAND — (5.0%)
	Nestle SA		261,500		33,758,101		0.9	%
	Novartis AG		100,236		8,857,779		0.3	%
	Roche Holding AG		58,789		21,799,767		0.6	%
	Other Securities				125,135,491		3.4	%

TOTAL SWITZERLAND					189,551,138		5.2	%

TAIWAN — (5.6%)
	Taiwan Semiconductor Manufacturing Co. Ltd.		1,170,000		21,156,694		0.6	%
	Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		129,369		12,022,261		0.4	%
	Other Securities				178,585,460		4.8	%

TOTAL TAIWAN					211,764,415		5.8	%

THAILAND — (0.8%)
	Other Securities				29,564,314		0.8	%

TURKEY — (0.2%)
	Other Securities				6,810,974		0.2	%

UNITED ARAB EMIRATES — (0.3%)
	Other Securities				10,714,841		0.3	%

UNITED KINGDOM — (8.0%)
	BP PLC, Sponsored ADR		305,930		8,786,310		0.3	%
	British American Tobacco PLC		141,356		5,924,562		0.2	%
#	HSBC Holdings PLC, Sponsored ADR		230,666		7,152,953		0.2	%
#	Rio Tinto PLC, Sponsored ADR		172,914		12,297,644		0.4	%
	Shell PLC, Sponsored ADR		341,272		18,234,163		0.5	%
	Other Securities				252,696,526		6.8	%

TOTAL UNITED KINGDOM					305,092,158		8.4	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


		Shares	Value»		Percentage of Net Assets‡
UNITED STATES — (0.0%)
	Other Securities		$	446,702		0.0	%

TOTAL COMMON STOCKS				3,572,156,286		97.9	%

PREFERRED STOCKS — (0.6%)
AUSTRALIA — (0.0%)
	Other Security			895		0.0	%

BRAZIL — (0.3%)
	Other Securities			11,948,462		0.4	%

CHILE — (0.0%)
	Other Securities			175,036		0.0	%

COLOMBIA — (0.0%)
	Other Securities			294,401		0.0	%

GERMANY — (0.3%)
	Other Securities			11,085,941		0.3	%

PHILIPPINES — (0.0%)
	Other Security			47,521		0.0	%

SOUTH KOREA — (0.0%)
	Other Security			16,715		0.0	%

TAIWAN — (0.0%)
	Other Security			84,147		0.0	%

THAILAND — (0.0%)
	Other Security			131,680		0.0	%

TOTAL PREFERRED STOCKS				23,784,798		0.7	%

RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities			2,818		0.0	%

CANADA — (0.0%)
	Other Security			92,931		0.0	%

HONG KONG — (0.0%)
	Other Securities			3,056		0.0	%

MALAYSIA — (0.0%)
	Other Security			3,467		0.0	%

NEW ZEALAND — (0.0%)
	Other Security			2,761		0.0	%

PHILIPPINES — (0.0%)
	Other Security			2,518		0.0	%

SOUTH KOREA — (0.0%)
	Other Security			2,838		0.0	%

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SWITZERLAND — (0.0%)
	Other Security			$	8,667		0.0	%

TAIWAN — (0.0%)
	Other Securities				290		0.0	%

THAILAND — (0.0%)
	Other Securities				21,130		0.0	%

TURKEY — (0.0%)
	Other Security				4,870		0.0	%

TOTAL RIGHTS/WARRANTS					145,346		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,107,583,193)					3,596,086,430


				Value†
SECURITIES LENDING COLLATERAL — (5.3%)
@§	The DFA Short Term Investment Fund		17,276,461		199,836,819		5.5	%

TOTAL INVESTMENTS — (100.0%) (Cost $3,307,397,491)				$	3,795,923,249		104.1	%

As of April 30, 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		147		06/17/22	$	31,573,032	$	30,337,125	$	(1,235,907	)

Total Futures Contracts					$	31,573,032	$	30,337,125	$	(1,235,907	)

Summary of the Portfolios investments as of April 30, 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	$	7,225,361	$	166,696,520		—	$	173,921,881
Austria		—		12,139,393		—		12,139,393
Belgium		330,609		28,684,050		—		29,014,659
Brazil		52,578,297		139,031		—		52,717,328
Canada		286,272,726		855,570		—		287,128,296
Chile		1,033,865		3,871,864		—		4,905,729
China		25,898,692		297,042,271	$	325,161		323,266,124
Colombia		1,711,782		31,922		—		1,743,704
Czech Republic		—		1,506,881		—		1,506,881
Denmark		—		56,415,297		—		56,415,297
Egypt		93,682		100,819		—		194,501
Finland		627,989		37,843,345		—		38,471,334
France		425,587		188,334,030		2,058		188,761,675
Germany		1,719,799		153,310,874		—		155,030,673

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Greece		—	$	2,978,211	$	1,314	$	2,979,525
Hong Kong	$	393,899		53,171,841		43,916		53,609,656
Hungary		—		2,379,135		—		2,379,135
India		2,454,567		185,946,318		463		188,401,348
Indonesia		199,209		22,649,886		35,506		22,884,601
Ireland		7,588,436		11,599,932		—		19,188,368
Israel		3,452,502		25,467,547		—		28,920,049
Italy		876,592		61,834,896		—		62,711,488
Japan		3,432,497		497,231,778		—		500,664,275
Malaysia		—		20,299,877		19,960		20,319,837
Mexico		26,865,080		108,019		199		26,973,298
Netherlands		13,617,033		65,662,554		—		79,279,587
New Zealand		—		10,944,940		—		10,944,940
Norway		41,205		24,848,948		—		24,890,153
Peru		300,697		38		—		300,735
Philippines		29,835		8,831,674		—		8,861,509
Poland		—		9,613,405		—		9,613,405
Portugal		—		6,128,768		—		6,128,768
Qatar		—		9,340,875		—		9,340,875
Saudi Arabia		43,040		41,342,531		—		41,385,571
Singapore		485,973		22,438,009		21,996		22,945,978
South Africa		7,443,961		54,406,849		—		61,850,810
South Korea		719,554		162,521,641		63,111		163,304,306
Spain		473,018		51,053,438		—		51,526,456
Sweden		324,959		73,264,637		—		73,589,596
Switzerland		8,716,079		180,835,059		—		189,551,138
Taiwan		12,268,973		199,490,567		4,875		211,764,415
Thailand		28,817,751		746,563		—		29,564,314
Turkey		422,263		6,388,711		—		6,810,974
United Arab Emirates		—		10,714,841		—		10,714,841
United Kingdom		72,191,249		232,900,909		—		305,092,158
United States		406,388		40,314		—		446,702
Preferred Stocks
Australia		—		895		—		895
Brazil		11,924,283		24,179		—		11,948,462
Chile		—		175,036		—		175,036
Colombia		294,401		—		—		294,401
Germany		—		11,085,941		—		11,085,941
Philippines		—		47,521		—		47,521
South Korea		—		16,715		—		16,715
Taiwan		—		84,147		—		84,147
Thailand		131,680		—		—		131,680
Rights/Warrants
Australia		—		2,818		—		2,818
Canada		—		92,931		—		92,931
Hong Kong		—		3,056		—		3,056
Malaysia		—		3,467		—		3,467
New Zealand		—		2,761		—		2,761
Philippines		—		2,518		—		2,518
South Korea		—		2,838		—		2,838
Switzerland		—		8,667		—		8,667
Taiwan		—		290		—		290
Thailand		—		21,130		—		21,130
Turkey		—		4,870		—		4,870

WORLDEX U.S. CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Securities Lending Collateral		—		$	199,836,819		—	$	199,836,819
Futures Contracts**	$	(1,235,907	)		—		—		(1,235,907	)

TOTAL	$	580,597,606		$	3,213,571,177	$	518,559^	$	3,794,687,342

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

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

See accompanying Notes to Financial Statements.

WORLD CORE EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 1 Portfolio of
DFA Investment Dimensions Group, Inc.		18,365,984	$	588,813,431
Investment in International Core Equity Portfolio of
DFA Investment Dimensions Group, Inc.		19,922,596		285,889,256
Investment in Emerging Markets Core Equity Portfolio of
DFA Investment Dimensions Group, Inc.		5,224,565		118,649,868

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $711,414,986)			$	993,352,555

TEMPORARY CASH INVESTMENTS — (0.0%)
State Street Institutional U.S. Government Money Market Fund, 0.290% (Cost $487,093)		487,093		487,093

TOTAL INVESTMENTS — (100.0%) (Cost $711,902,079)			$	993,839,648

Summary of the Portfolio’s investments as of April 30, 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	$	993,352,555		—		—	$	993,352,555
Temporary Cash Investments		487,093		—		—		487,093

TOTAL	$	993,839,648		—		—	$	993,839,648

See accompanying Notes to Financial Statements.

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in U.S. Core Equity 2 Portfolio of
DFA Investment Dimensions Group, Inc.		5,557,467	$	161,944,580
Investment in International Core Equity Portfolio of
DFA Investment Dimensions Group, Inc.		5,550,416		79,648,469
Investment in Emerging Markets Core Equity Portfolio of
DFA Investment Dimensions Group, Inc.		2,355,621		53,496,154

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $182,822,987)			$	295,089,203

As of April 30, 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:


							Unrealized
							Foreign
							Exchange
					Settlement		Appreciation
Currency Purchased		Currency Sold		Counterparty	Date		(Depreciation)
USD	284,655	AUD	380,852	Morgan Stanley and Co. International		05/02/22	$	15,564
USD	4,951,485	AUD	6,919,773	UBS AG		05/02/22		62,320
USD	5,058,147	AUD	7,114,074	State Street Bank and Trust		05/31/22		29,188
USD	658,140	SGD	897,247	Citibank, N.A.		06/15/22		9,389
USD	5,803,144	CHF	5,360,825	State Street Bank and Trust		06/30/22		275,327
USD	1,678,927	DKK	11,433,420	Bank of America Corp.		07/11/22		51,879
USD	803,125	ILS	2,593,776	UBS AG		07/18/22		23,222
USD	15,520,667	JPY	1,977,023,154	Barclays Capital		07/19/22		239,803
USD	779,109	NOK	7,084,883	HSBC Bank		07/25/22		23,392

Total Appreciation							$	730,084
AUD	7,300,625	USD	5,188,262	State Street Bank and Trust		05/02/22	$	(30,006	)
USD	11,221,653	HKD	87,915,111	HSBC Bank		07/21/22		(1,094	)
USD	19,184,597	EUR	18,112,921	Bank of America Corp.		07/26/22		(7,004	)
USD	2,247,984	SEK	22,101,606	Bank of America Corp.		07/26/22		(8,515	)
USD	4,364,065	GBP	3,500,000	Barclays Capital		07/28/22		(38,686	)
USD	4,623,644	GBP	3,710,699	JP Morgan		07/28/22		(44,152	)

Total (Depreciation)							$	(129,457	)

Total Appreciation (Depreciation)							$	600,627

As of April 30, 2022, Selectively Hedged Global Equity Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^®Emini Index

06/17/22

3,184,981

3,095,625

(89,356

)

Total Futures Contracts

3,184,981

3,095,625

(89,356

)

SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO

CONTINUED

Summary of the Portfolio’s investments as of April 30, 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	$	295,089,203			—		—	$	295,089,203
Forward Currency Contracts**		—		$	600,627		—		600,627
Futures Contracts**		(89,356	)		—		—		(89,356	)

TOTAL	$	294,999,847		$	600,627		—	$	295,600,474

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

See accompanying Notes to Financial Statements.

EMERGING MARKETS PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Series of
The DFA Investment Trust Company	$	4,967,414,347

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	4,967,414,347

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

EMERGING MARKETS SMALL CAP PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The Emerging Markets Small Cap Series of
The DFA Investment Trust Company	$	4,399,064,969

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	4,399,064,969

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

EMERGING MARKETS VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in Dimensional Emerging Markets Value Fund	$	11,925,822,454

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	11,925,822,454

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (97.2%)
BRAZIL — (4.2%)
	Petroleo Brasileiro SA		16,003,488	$	108,244,751		0.4	%
	Petroleo Brasileiro SA, Sponsored ADR		776,944		9,533,103		0.0	%
	Petroleo Brasileiro SA, Sponsored ADR		1,228,197		16,666,633		0.1	%
	Vale SA		15,469,805		260,617,538		1.0	%
	Other Securities				732,696,480		2.7	%

TOTAL BRAZIL					1,127,758,505		4.2	%

CHILE — (0.5%)
	Other Securities				128,327,877		0.5	%

CHINA — (26.8%)
*	Alibaba Group Holding Ltd.		9,442,600		115,177,790		0.5	%
*	Alibaba Group Holding Ltd., Sponsored ADR		2,528,930		245,533,814		0.9	%
*	Baidu, Inc., Sponsored ADR		559,862		69,518,065		0.3	%
	Bank of China Ltd., Class H		204,333,702		80,176,956		0.3	%
	China Construction Bank Corp., Class H		370,130,302		263,680,459		1.0	%
	China Merchants Bank Co. Ltd., Class H		16,873,646		101,701,593		0.4	%
	China National Building Material Co. Ltd., Class H		40,908,150		54,441,043		0.2	%
	China Overseas Land & Investment Ltd.		21,631,533		66,825,815		0.3	%
	China Petroleum & Chemical Corp., Class H		144,228,400		70,595,712		0.3	%
	China Resources Land Ltd.		15,028,610		67,120,965		0.3	%
	Industrial & Commercial Bank of China Ltd., Class H		232,900,725		140,394,023		0.5	%
	Kweichow Moutai Co. Ltd., Class A		204,274		56,558,890		0.2	%
	Lenovo Group Ltd.		58,158,000		56,471,574		0.2	%
	Li Ning Co. Ltd.		7,614,083		59,345,433		0.2	%
	NetEase, Inc., ADR		777,776		74,145,386		0.3	%
	PetroChina Co. Ltd., Class H		141,510,000		67,173,933		0.3	%
	Ping An Insurance Group Co. of China Ltd., Class H		30,102,500		190,269,263		0.7	%
	Tencent Holdings Ltd.		16,149,900		761,062,183		2.9	%
*W	Xiaomi Corp., Class B		40,639,200		61,866,607		0.3	%
	Yum China Holdings, Inc.		1,340,150		56,018,270		0.2	%
	Other Securities				4,619,704,202		16.8	%

TOTAL CHINA					7,277,781,976		27.1	%

COLOMBIA — (0.2%)
	Other Securities				40,734,664		0.1	%

CZECH REPUBLIC — (0.1%)
	Other Securities				34,066,030		0.1	%

EGYPT — (0.0%)
	Other Securities				11,037,954		0.0	%

GREECE — (0.3%)
	Other Securities				68,286,535		0.3	%

HONG KONG — (0.0%)
	Other Securities				888,938		0.0	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
HUNGARY — (0.2%)
	Other Securities			$	45,550,115		0.2	%

INDIA — (14.8%)
*	Adani Transmission Ltd.		1,505,225		54,226,783		0.2	%
*	Bharti Airtel Ltd.		6,407,864		61,539,921		0.2	%
	HDFC Bank Ltd.		5,402,815		96,678,854		0.4	%
	Housing Development Finance Corp. Ltd.		2,068,521		59,608,575		0.2	%
#	ICICI Bank Ltd., Sponsored ADR		4,405,288		83,876,684		0.3	%
	Infosys Ltd.		7,880,895		159,769,373		0.6	%
	Infosys Ltd., Sponsored ADR		3,016,528		59,938,411		0.2	%
	Reliance Industries Ltd.		6,047,405		219,854,224		0.8	%
	Tata Consultancy Services Ltd.		2,347,996		108,254,868		0.4	%
	Other Securities				3,095,962,158		11.6	%

TOTAL INDIA					3,999,709,851		14.9	%

INDONESIA — (2.0%)
	Bank Central Asia Tbk PT		110,415,800		61,929,087		0.3	%
	Other Securities				476,585,510		1.7	%

TOTAL INDONESIA					538,514,597		2.0	%

MALAYSIA — (1.6%)
	Other Securities				446,050,005		1.7	%

MEXICO — (2.3%)
	America Movil SAB de CV, Sponsored ADR, Class L		3,763,327		73,121,443		0.3	%
#	Grupo Mexico SAB de CV, Class B		12,834,356		60,119,868		0.2	%
	Other Securities				499,419,105		1.9	%

TOTAL MEXICO					632,660,416		2.4	%

PERU — (0.1%)
	Other Securities				23,595,708		0.1	%

PHILIPPINES — (0.8%)
	Other Securities				222,606,475		0.8	%

POLAND — (0.7%)
	Other Securities				196,049,991		0.7	%

QATAR — (0.6%)
	Other Securities				165,766,521		0.6	%

SAUDI ARABIA — (3.7%)
	Al Rajhi Bank		1,942,346		90,991,394		0.4	%
	Saudi Basic Industries Corp.		1,568,485		54,334,917		0.2	%
	Saudi National Bank		3,044,476		63,811,642		0.3	%
	Other Securities				792,319,661		2.8	%

TOTAL SAUDI ARABIA					1,001,457,614		3.7	%

SOUTH AFRICA — (4.1%)
	MTN Group Ltd.		11,514,149		122,119,001		0.5	%
	Other Securities				993,635,436		3.7	%

TOTAL SOUTH AFRICA					1,115,754,437		4.2	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SOUTH KOREA — (13.6%)
	KB Financial Group, Inc.		1,155,887	$	53,776,567		0.2	%
#	LG Electronics, Inc.		633,563		57,379,940		0.2	%
	Samsung Electronics Co. Ltd.		17,111,392		911,926,736		3.4	%
	SK Hynix, Inc.		1,965,870		172,265,443		0.7	%
	Other Securities				2,487,284,594		9.2	%

TOTAL SOUTH KOREA					3,682,633,280		13.7	%

SWITZERLAND — (0.0%)
	Other Security				44,552		0.0	%

TAIWAN — (16.7%)
	Evergreen Marine Corp. Taiwan Ltd.		12,968,920		62,340,728		0.3	%
	Fubon Financial Holding Co. Ltd.		21,290,128		53,457,731		0.2	%
#	Hon Hai Precision Industry Co. Ltd.		21,590,403		73,970,436		0.3	%
	MediaTek, Inc.		2,813,823		77,571,412		0.3	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		41,439,652		749,338,492		2.8	%
	Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		3,628,695		337,214,626		1.3	%
#	United Microelectronics Corp.		32,537,441		51,688,614		0.2	%
	Other Securities				3,135,215,396		11.5	%

TOTAL TAIWAN					4,540,797,435		16.9	%

THAILAND — (2.5%)
	Other Securities				687,026,436		2.6	%

TURKEY — (0.5%)
	Other Securities				129,829,038		0.5	%

UNITED ARAB EMIRATES — (0.9%)
	Other Securities				243,843,961		0.9	%

UNITED KINGDOM — (0.0%)
	Other Security				569,678		0.0	%

UNITED STATES — (0.0%)
	Other Securities				6,972,505		0.0	%

TOTAL COMMON STOCKS					26,368,315,094		98.2	%

PREFERRED STOCKS — (1.1%)
BRAZIL — (1.1%)
	Petroleo Brasileiro SA		22,001,222		134,749,947		0.5	%
	Other Securities				157,797,607		0.6	%

TOTAL BRAZIL					292,547,554		1.1	%

CHILE — (0.0%)
	Other Securities				2,404,662		0.0	%

COLOMBIA — (0.0%)
	Other Securities				9,261,260		0.0	%

PHILIPPINES — (0.0%)
	Other Security				1,023,863		0.0	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SOUTH KOREA — (0.0%)
	Other Security			$	230,548		0.0	%

TAIWAN — (0.0%)
	Other Security				856,380		0.0	%

THAILAND — (0.0%)
	Other Security				892,824		0.0	%

TOTAL PREFERRED STOCKS					307,217,091		1.1	%

RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
	Other Securities				19,448		0.0	%

INDIA — (0.0%)
	Other Security				2,258		0.0	%

MALAYSIA — (0.0%)
	Other Security				36,448		0.0	%

PHILIPPINES — (0.0%)
	Other Security				118,645		0.0	%

SAUDI ARABIA — (0.0%)
	Other Security				41,664		0.0	%

SOUTH KOREA — (0.0%)
	Other Securities				60,894		0.0	%

TAIWAN — (0.0%)
	Other Securities				3,602		0.0	%

THAILAND — (0.0%)
	Other Securities				430,646		0.0	%

TURKEY — (0.0%)
	Other Security				65,041		0.0	%

TOTAL RIGHTS/WARRANTS					778,646		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $20,427,226,971)					26,676,310,831


				Value†
	SECURITIES LENDING COLLATERAL — (1.7%)
@§	The DFA Short Term Investment Fund		38,839,939		449,261,574		1.7	%

TOTAL INVESTMENTS — (100.0%) (Cost $20,876,453,679)				$	27,125,572,405		101.0	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

As of April 30, 2022, Emerging Markets Core Equity Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^®Emini Index

1,096

06/17/22

232,103,501

226,187,000

(5,916,501

)

Total Futures Contracts

232,103,501

226,187,000

(5,916,501

)

Summary of the Portfolio’s investments as of April 30, 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	$	1,125,930,709	$	1,827,796		—	$	1,127,758,505
Chile		35,425,811		92,902,066		—		128,327,877
China		747,825,141		6,521,375,582	$	8,581,253		7,277,781,976
Colombia		40,156,000		578,664		—		40,734,664
Czech Republic		—		34,066,030		—		34,066,030
Egypt		174,988		10,862,966		—		11,037,954
Greece		—		68,137,610		148,925		68,286,535
Hong Kong		—		846,426		42,512		888,938
Hungary		—		45,550,115		—		45,550,115
India		162,228,499		3,837,460,334		21,018		3,999,709,851
Indonesia		19,288,986		518,687,923		537,688		538,514,597
Malaysia		—		445,541,568		508,437		446,050,005
Mexico		629,762,789		2,875,555		22,072		632,660,416
Peru		23,595,101		607		—		23,595,708
Philippines		5,087,178		217,518,532		765		222,606,475
Poland		—		196,049,991		—		196,049,991
Qatar		—		165,766,521		—		165,766,521
Saudi Arabia		1,334,915		1,000,122,699		—		1,001,457,614
South Africa		130,445,366		985,309,071		—		1,115,754,437
South Korea		62,311,368		3,619,399,630		922,282		3,682,633,280
Switzerland		—		44,552		—		44,552
Taiwan		352,087,466		4,188,538,143		171,826		4,540,797,435
Thailand		673,037,108		13,989,328		—		687,026,436
Turkey		7,285,019		122,544,019		—		129,829,038
United Arab Emirates		—		243,843,961		—		243,843,961
United Kingdom		—		569,678		—		569,678
United States		6,972,505		—		—		6,972,505
Preferred Stocks
Brazil		292,261,004		286,550		—		292,547,554
Chile		—		2,404,662		—		2,404,662
Colombia		9,261,260		—		—		9,261,260
Philippines		—		1,023,863		—		1,023,863
South Korea		—		230,548		—		230,548
Taiwan		—		856,380		—		856,380
Thailand		892,824		—		—		892,824
Rights/Warrants
Hong Kong		—		19,448		—		19,448
India		—		2,258		—		2,258
Malaysia		—		36,448		—		36,448
Philippines		—		118,645		—		118,645

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Saudi Arabia		—		$	41,664		—	$	41,664
South Korea		—			60,894		—		60,894
Taiwan		—			3,602		—		3,602
Thailand		—			430,646		—		430,646
Turkey		—			65,041		—		65,041
Securities Lending Collateral		—			449,261,574		—		449,261,574
Futures Contracts**	$	(5,916,501	)		—		—		(5,916,501	)

TOTAL	$	4,319,447,536		$	22,789,251,590	$	10,956,778^	$	27,119,655,904

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

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

See accompanying Notes to Financial Statements.

EMERGING MARKETS TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (98.9%)
BRAZIL — (3.8%)
	Rumo SA		166,828	$	552,387		0.3	%
	Vibra Energia SA		158,205		675,834		0.3	%
	Other Securities				6,718,512		3.2	%

TOTAL BRAZIL					7,946,733		3.8	%

CHILE — (0.4%)
	Other Securities				820,231		0.4	%

CHINA — (23.2%)
	China Conch Venture Holdings Ltd.		201,500		523,250		0.3	%
	China Gas Holdings Ltd.		438,400		534,395		0.3	%
	China National Building Material Co. Ltd., Class H		900,000		1,197,730		0.6	%
	Country Garden Holdings Co. Ltd.		746,000		515,991		0.3	%
	Geely Automobile Holdings Ltd.		738,000		1,141,087		0.6	%
	Kingboard Holdings Ltd.		119,500		538,003		0.3	%
	PICC Property & Casualty Co. Ltd., Class H		480,000		490,953		0.3	%
	Sinopharm Group Co. Ltd., Class H		238,400		548,601		0.3	%
*	Trip.com Group Ltd.		38,450		907,944		0.5	%
	Wharf Holdings Ltd.		220,000		644,578		0.3	%
	Yankuang Energy Group Co. Ltd., Class H		188,000		530,379		0.3	%
	Other Securities				41,183,842		19.1	%

TOTAL CHINA					48,756,753		23.2	%

COLOMBIA — (0.1%)
	Other Securities				155,535		0.1	%

GREECE — (0.3%)
	Other Securities				706,408		0.3	%

HONG KONG — (0.0%)
	Other Security				196		0.0	%

INDIA — (16.1%)
*	Adani Transmission Ltd.		25,846		931,120		0.5	%
	Cipla Ltd.		57,177		728,863		0.4	%
	Dr Reddy’s Laboratories Ltd., ADR		9,378		503,411		0.3	%
	IndusInd Bank Ltd.		46,184		583,554		0.3	%
	Tata Consumer Products Ltd.		71,059		761,955		0.4	%
*	Tata Motors Ltd.		89,794		507,384		0.3	%
	UPL Ltd.		64,350		691,324		0.3	%
	Other Securities				29,197,877		13.6	%

TOTAL INDIA					33,905,488		16.1	%

INDONESIA — (2.0%)
	Other Securities				4,135,295		2.0	%

MALAYSIA — (1.8%)
	Other Securities				3,751,974		1.8	%

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


							Percentage
		Shares		Value»			of Net Assets‡
MEXICO — (2.2%)
	Grupo Televisa SAB		344,679	$	639,987	��		0.3	%
	Other Securities				3,881,080			1.8	%

TOTAL MEXICO					4,521,067			2.1	%

PHILIPPINES — (0.7%)
	Other Securities				1,437,224			0.7	%

POLAND — (1.0%)
	Other Securities				2,075,562			1.0	%

QATAR — (0.8%)
	Other Securities				1,777,906			0.8	%

SAUDI ARABIA — (3.7%)
	Bank Al-Jazira		68,755		574,689			0.3	%
	Etihad Etisalat Co.		63,225		726,012			0.4	%
	Sahara International Petrochemical Co.		54,473		815,989			0.4	%
	Saudi Investment Bank (The)		89,797		548,287			0.3	%
*	Saudi Kayan Petrochemical Co.		117,934		580,914			0.3	%
	Other Securities				4,483,349			2.0	%

TOTAL SAUDI ARABIA					7,729,240			3.7	%

SOUTH AFRICA — (4.3%)
	Aspen Pharmacare Holdings Ltd.		54,209		580,031			0.3	%
*	Discovery Ltd.		54,782		525,997			0.3	%
	Exxaro Resources Ltd.		38,418		549,000			0.3	%
	Nedbank Group Ltd.		67,053		936,353			0.4	%
	Old Mutual Ltd.		667,710		535,669			0.3	%
	Other Securities				5,819,581			2.7	%

TOTAL SOUTH AFRICA					8,946,631			4.3	%

SOUTH KOREA — (16.0%)
	Hyundai Steel Co.		14,635		497,324			0.3	%
*	Korean Air Lines Co. Ltd.		21,582		508,534			0.3	%
	Samsung Fire & Marine Insurance Co. Ltd.		4,546		753,536			0.4	%
	Other Securities				31,885,134			15.0	%

TOTAL SOUTH KOREA					33,644,528			16.0	%

TAIWAN — (18.1%)
	Asia Cement Corp.		340,000		552,510			0.3	%
#	AU Optronics Corp.		1,219,000		696,279			0.3	%
	Catcher Technology Co. Ltd.		101,000		494,223			0.3	%
	China Development Financial Holding Corp.		1,875,559		1,131,041			0.6	%
#	Innolux Corp.		1,404,000		639,332			0.3	%
	Lite-On Technology Corp.		294,000		644,155			0.3	%
	Pegatron Corp.		280,000		663,356			0.3	%
	Ruentex Development Co. Ltd.		231,000		604,590			0.3	%
	Shanghai Commercial & Savings Bank Ltd.		463,000		763,791			0.4	%
#	Shin Kong Financial Holding Co. Ltd.		1,923,698		636,096			0.3	%
	SinoPac Financial Holdings Co. Ltd.		1,542,000		949,599			0.5	%
	Synnex Technology International Corp.		197,000		512,731			0.3	%
	Taishin Financial Holding Co. Ltd.		1,583,166		1,035,567			0.5	%
	Walsin Lihwa Corp.		409,000		609,477			0.3	%

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
TAIWAN — (Continued)
	Other Securities			$	28,078,310		13.1	%

TOTAL TAIWAN					38,011,057		18.1	%

THAILAND — (2.6%)
	Other Securities				5,458,761		2.6	%

TURKEY — (0.6%)
	Other Securities				1,221,221		0.6	%

UNITED ARAB EMIRATES — (1.2%)
	Aldar Properties PJSC		379,062		580,798		0.3	%
	Emaar Properties PJSC		451,192		778,239		0.4	%
	Other Securities				1,258,728		0.5	%

TOTAL UNITED ARAB EMIRATES					2,617,765		1.2	%

TOTAL COMMON STOCKS					207,619,575		98.8	%

PREFERRED STOCKS — (0.4%)
BRAZIL — (0.3%)
	Other Securities				646,622		0.3	%

COLOMBIA — (0.0%)
	Other Security				81,185		0.0	%

PHILIPPINES — (0.0%)
	Other Security				18,213		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				13,431		0.0	%

TAIWAN — (0.0%)
	Other Security				52,372		0.0	%

THAILAND — (0.1%)
	Other Security				97,621		0.1	%

TOTAL PREFERRED STOCKS					909,444		0.4	%

RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
	Other Security				27		0.0	%

MALAYSIA — (0.0%)
	Other Security				1,069		0.0	%

PHILIPPINES — (0.0%)
	Other Security				3,007		0.0	%

THAILAND — (0.0%)
	Other Securities				1,024		0.0	%

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
TURKEY — (0.0%)
	Other Security			$	3,220		0.0	%

TOTAL RIGHTS/WARRANTS					8,347		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $186,551,716)					208,537,366


				Value†
SECURITIES LENDING COLLATERAL — (0.7%)
@§	The DFA Short Term Investment Fund		124,867		1,444,342		0.7	%

TOTAL INVESTMENTS — (100.0%) (Cost $187,996,064)				$	209,981,708		99.9	%

As of April 30, 2022, Emerging Markets Targeted Value Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^®Emini Index

06/17/22

1,485,838

1,444,625

(41,213

)

Total Futures Contracts

1,485,838

1,444,625

(41,213

)

Summary of the Portfolio’s investments as of April 30, 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	$	7,890,738	$	55,995		—	$	7,946,733
Chile		—		820,231		—		820,231
China		2,557,408		46,117,115	$	82,230		48,756,753
Colombia		155,535		—		—		155,535
Greece		—		706,408		—		706,408
Hong Kong		196		—		—		196
India		526,557		33,378,931		—		33,905,488
Indonesia		—		4,128,168		7,127		4,135,295
Malaysia		—		3,740,029		11,945		3,751,974
Mexico		4,280,084		240,983		—		4,521,067
Philippines		—		1,437,224		—		1,437,224
Poland		—		2,075,562		—		2,075,562
Qatar		—		1,777,906		—		1,777,906
Saudi Arabia		10,354		7,718,886		—		7,729,240
South Africa		506,485		8,440,146		—		8,946,631
South Korea		—		33,634,966		9,562		33,644,528
Taiwan		—		38,009,851		1,206		38,011,057
Thailand		5,425,477		33,284		—		5,458,761
Turkey		—		1,221,221		—		1,221,221
United Arab Emirates		—		2,617,765		—		2,617,765

EMERGING MARKETS TARGETED VALUE PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Preferred Stocks
Brazil	$	646,622			—		—	$	646,622
Colombia		81,185			—		—		81,185
Philippines		—		$	18,213		—		18,213
South Korea		—			13,431		—		13,431
Taiwan		—			52,372		—		52,372
Thailand		97,621			—		—		97,621
Rights/Warrants
Brazil		—			27		—		27
Malaysia		—			1,069		—		1,069
Philippines		—			3,007		—		3,007
Thailand		—			1,024		—		1,024
Turkey		—			3,220		—		3,220
Securities Lending Collateral		—			1,444,342		—		1,444,342
Futures Contracts**		(41,213	)		—		—		(41,213	)

TOTAL	$	22,137,049		$	187,691,376	$	112,070^	$	209,940,495

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

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

See accompanying Notes to Financial Statements.

EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


						Percentage
		Shares		Value»		of Net Assets‡
COMMON STOCKS — (98.8%)
BRAZIL — (6.5%)
	Petroleo Brasileiro SA, Sponsored ADR		146,213	$	1,794,034		0.5	%
	Petroleo Brasileiro SA, Sponsored ADR		118,980		1,614,559		0.5	%
	Vale SA		24,700		416,117		0.1	%
	Vale SA, Sponsored ADR		261,914		4,423,727		1.2	%
	Other Securities				14,978,491		4.1	%

TOTAL BRAZIL					23,226,928		6.4	%

CHILE — (0.6%)
	Other Securities				2,162,601		0.6	%

COLOMBIA — (0.2%)
	Other Securities				799,317		0.2	%

CZECH REPUBLIC — (0.2%)
	Other Securities				513,726		0.1	%

EGYPT — (0.0%)
	Other Security				98,672		0.0	%

GREECE — (0.4%)
	Other Securities				1,548,086		0.4	%

HUNGARY — (0.2%)
	Other Securities				691,042		0.2	%

INDIA — (22.0%)
*	Axis Bank Ltd.		156,078		1,474,103		0.4	%
*	Bharti Airtel Ltd.		183,397		1,761,310		0.5	%
	HCL Technologies Ltd.		67,226		947,318		0.3	%
	HDFC Bank Ltd.		75,351		1,348,343		0.4	%
	Hindalco Industries Ltd.		149,927		934,857		0.3	%
	Hindustan Unilever Ltd.		25,240		736,645		0.2	%
	Housing Development Finance Corp. Ltd.		38,865		1,119,973		0.3	%
	ICICI Bank Ltd., Sponsored ADR		64,733		1,232,516		0.4	%
	Infosys Ltd.		89,980		1,824,164		0.5	%
	Infosys Ltd., Sponsored ADR		139,183		2,765,566		0.8	%
	JSW Steel Ltd.		81,941		770,271		0.2	%
	Kotak Mahindra Bank Ltd.		45,782		1,061,098		0.3	%
	Mahindra & Mahindra Ltd.		65,212		782,867		0.2	%
	Reliance Industries Ltd.		69,549		2,528,463		0.7	%
	Tata Consultancy Services Ltd.		37,152		1,712,901		0.5	%
*	Tata Motors Ltd., Sponsored ADR		30,552		861,872		0.3	%
	Tata Steel Ltd.		83,800		1,374,789		0.4	%
	Other Securities				55,735,153		15.1	%

TOTAL INDIA					78,972,209		21.8	%

INDONESIA — (2.9%)
	Bank Central Asia Tbk PT		2,276,000		1,276,544		0.4	%

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
INDONESIA — (Continued)
	Other Securities			$	9,249,077		2.5	%

TOTAL INDONESIA					10,525,621		2.9	%

MALAYSIA — (2.1%)
	Other Securities				7,542,699		2.1	%

MEXICO — (2.5%)
	America Movil SAB de CV, Sponsored ADR, Class L		82,174		1,596,641		0.4	%
	Other Securities				7,523,903		2.1	%

TOTAL MEXICO					9,120,544		2.5	%

PERU — (0.1%)
	Other Securities				154,013		0.1	%

PHILIPPINES — (1.0%)
	Other Securities				3,566,692		1.0	%

POLAND — (1.0%)
	Other Securities				3,603,452		1.0	%

QATAR — (1.5%)
	Qatar National Bank QPSC		251,260		1,602,534		0.5	%
	Other Securities				3,647,197		1.0	%

TOTAL QATAR.					5,249,731		1.5	%

SAUDI ARABIA — (4.8%)
	Al Rajhi Bank		44,690		2,093,554		0.6	%
	Saudi Basic Industries Corp.		34,919		1,209,652		0.4	%
	Saudi National Bank		65,856		1,380,329		0.4	%
	Saudi Telecom Co.		31,012		953,636		0.3	%
	Other Securities				11,667,435		3.1	%

TOTAL SAUDI ARABIA					17,304,606		4.8	%

SOUTH AFRICA — (5.0%)
	Impala Platinum Holdings Ltd.		82,879		1,072,074		0.3	%
	MTN Group Ltd.		116,098		1,231,335		0.3	%
	Sibanye Stillwater Ltd., ADR		55,529		762,968		0.2	%
	Standard Bank Group Ltd.		76,066		806,110		0.2	%
	Other Securities				14,157,764		4.0	%

TOTAL SOUTH AFRICA					18,030,251		5.0	%

SOUTH KOREA — (18.8%)
	Hana Financial Group, Inc.		22,773		845,487		0.3	%
	KB Financial Group, Inc.		29,124		1,354,967		0.4	%
	Kia Corp.		11,578		759,404		0.2	%
	LG Chem Ltd.		2,344		960,020		0.3	%
	POSCO Holdings, Inc.		5,068		1,157,160		0.3	%
	Samsung Electronics Co. Ltd.		274,628		14,635,900		4.1	%
	Samsung Electronics Co. Ltd., GDR		337		446,020		0.1	%
	Shinhan Financial Group Co. Ltd.		32,932		1,094,153		0.3	%
	SK Hynix, Inc.		43,444		3,806,915		1.1	%

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SOUTH KOREA — (Continued)
	Other Securities			$	42,594,167		11.6	%

TOTAL SOUTH KOREA					67,654,193		18.7	%

TAIWAN — (23.2%)
	ASE Technology Holding Co. Ltd.		308,000		982,631		0.3	%
	Evergreen Marine Corp. Taiwan Ltd.		183,000		879,669		0.3	%
	Fubon Financial Holding Co. Ltd.		466,000		1,170,087		0.3	%
	Hon Hai Precision Industry Co. Ltd.		434,000		1,486,918		0.4	%
	MediaTek, Inc.		38,000		1,047,583		0.3	%
	Realtek Semiconductor Corp.		58,000		787,032		0.2	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		1,006,000		18,191,140		5.0	%
	Other Securities				58,775,007		16.2	%

TOTAL TAIWAN					83,320,067		23.0	%

THAILAND — (3.5%)
	PTT PCL		809,300		886,095		0.3	%
	Other Securities				11,709,107		3.2	%

TOTAL THAILAND					12,595,202		3.5	%

TURKEY — (0.8%)
	Other Securities				2,727,513		0.8	%

UNITED ARAB EMIRATES — (1.5%)
	Emirates Telecommunications Group Co. PJSC		123,908		1,185,150		0.3	%
	Other Securities				4,232,486		1.2	%

TOTAL UNITED ARAB EMIRATES					5,417,636		1.5	%

TOTAL COMMON STOCKS					354,824,801		98.1	%

PREFERRED STOCKS — (0.9%)
BRAZIL — (0.9%)
	Banco Bradesco SA		216,590		787,688		0.2	%
	Itau Unibanco Holding SA		174,900		844,439		0.3	%
	Other Securities				1,663,730		0.4	%

TOTAL BRAZIL					3,295,857		0.9	%

COLOMBIA — (0.0%)
	Other Security				40,708		0.0	%

TOTAL PREFERRED STOCKS					3,336,565		0.9	%

RIGHTS/WARRANTS — (0.0%)
INDIA — (0.0%)
	Other Security				949		0.0	%

MALAYSIA — (0.0%)
	Other Security				836		0.0	%

PHILIPPINES — (0.0%)
	Other Security				1,587		0.0	%

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED


						Percentage
		Shares		Value»		of Net Assets‡
SOUTH KOREA — (0.0%)
	Other Security			$	1,007		0.0	%

TAIWAN — (0.0%)
	Other Securities				247		0.0	%

THAILAND — (0.0%)
	Other Securities				6,416		0.0	%

TURKEY — (0.0%)
	Other Security				2,042		0.0	%

TOTAL RIGHTS/WARRANTS					13,084		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $385,274,558)					358,174,450


				Value†
SECURITIES LENDING COLLATERAL — (0.3%)
@§	The DFA Short Term Investment Fund		103,725		1,199,787		0.3	%

TOTAL INVESTMENTS — (100.0%) (Cost $386,474,364)				$	359,374,237		99.3	%

As of April 30, 2022, Emerging Markets ex China Core Equity Portfolio had entered into the following outstanding futures contracts:

Unrealized

Number of

Expiration

Notional

Market

Appreciation

Description

Contracts

Date

Value

(Depreciation)

Long Position Contracts:

S&P 500^®Emini Index

06/17/22

1,315,764

1,238,250

(77,514

)

Total Futures Contracts

1,315,764

1,238,250

(77,514

)

Summary of the Portfolio’s investments as of April 30, 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	$	23,168,963	$	57,965		—	$	23,226,928
Chile		754,373		1,408,228		—		2,162,601
Colombia		799,317		—		—		799,317
Czech Republic		—		513,726		—		513,726
Egypt		98,672		—		—		98,672
Greece		—		1,548,086		—		1,548,086
Hungary		—		691,042		—		691,042
India		6,489,070		72,483,139		—		78,972,209
Indonesia		—		10,525,621		—		10,525,621
Malaysia		—		7,542,699		—		7,542,699
Mexico		9,120,544		—		—		9,120,544
Peru		154,013		—		—		154,013
Philippines		—		3,566,692		—		3,566,692
Poland		—		3,603,452		—		3,603,452

EMERGING MARKETSEX CHINA CORE EQUITY PORTFOLIO

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3		Total
Qatar		—		$	5,249,731		—	$	5,249,731
Saudi Arabia	$	11,255			17,293,351		—		17,304,606
South Africa		2,111,909			15,918,342		—		18,030,251
South Korea		623,247			67,030,946		—		67,654,193
Taiwan		1,015,968			82,304,099		—		83,320,067
Thailand		12,269,990			325,212		—		12,595,202
Turkey		63,476			2,664,037		—		2,727,513
United Arab Emirates		—			5,417,636		—		5,417,636
Preferred Stocks
Brazil		3,274,433			21,424		—		3,295,857
Colombia		40,708			—		—		40,708
Rights/Warrants
India		—			949		—		949
Malaysia		—			836		—		836
Philippines		—			1,587		—		1,587
South Korea		—			1,007		—		1,007
Taiwan		—			247		—		247
Thailand		—			6,416		—		6,416
Turkey		—			2,042		—		2,042
Securities Lending Collateral		—			1,199,787		—		1,199,787
Futures Contracts**		(77,514	)		—		—		(77,514	)

TOTAL	$	59,918,424		$	299,378,299		—	$	359,296,723

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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		—		—	$	87,985	$	11,018,399
Investment Securities at Value (including $459,793, $2,514,207, $0 and $0 of securities on loan, respectively)	$	5,323,115	$	30,647,463		—		—
Temporary Cash Investments at Value & Cost		—		—		—		109,956
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $458,991, $2,376,104, $0 and $0, respectively)		459,012		2,376,313		—		—
Segregated Cash for Futures Contracts		2,912		16,094		—		5,298
Foreign Currencies at Value		40,351		295,292		—		—
Cash		18,619		69,024		57		—
Receivables:
Investment Securities Sold		2,118		18,184		—		—
Dividends, Interest and Tax Reclaims		31,790		191,335		—		19
Securities Lending Income		281		2,145		—		—
Fund Shares Sold		5,763		21,289		1		10,662
Unrealized Gain on Foreign Currency Contracts		—		7		—		—
Prepaid Expenses and Other Assets		49		307		13		136

Total Assets		5,884,010		33,637,453		88,056		11,144,470

LIABILITIES:
Payables:
Upon Return of Securities Loaned		459,073		2,376,675		—		—
Investment Securities Purchased		435		46,627		11		—
Fund Shares Redeemed		3,025		37,990		1		4,696
Due to Advisor		651		5,345		10		2,386
Futures Margin Variation		2,244		11,209		—		3,690
Unrealized Loss on Foreign Currency Contracts		1		25		—		—
Accrued Expenses and Other Liabilities		600		2,541		6		383

Total Liabilities		466,029		2,480,412		28		11,155

NET ASSETS	$	5,417,981	$	31,157,041	$	88,028	$	11,133,315

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $5,417,981; $31,157,041; $88,028 and $11,133,315 and shares outstanding of 222,642,197, 2,170,496,906, 6,639,471 and 589,196,404, respectively	$	24.33	$	14.35	$	13.26	$	18.90

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	$	—	$	—	$	82,502		N/A

Investment Securities at Cost	$	3,990,565	$	26,022,132		N/A		N/A

Foreign Currencies at Cost	$	41,364	$	304,140	$	—	$	—

NET ASSETS CONSIST OF:
Paid-In Capital	$	4,488,638	$	27,332,928	$	80,151	$	10,101,202
Total Distributable Earnings (Loss)		929,343		3,824,113		7,877		1,032,113

NET ASSETS	$	5,417,981	$	31,157,041	$	88,028	$	11,133,315

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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	$	308,407	$	340,210	$	24,366		$	786,293
Receivables:
Fund Shares Sold		11		15		—			13
Prepaid Expenses and Other Assets		14		12		11			14

Total Assets		308,432		340,237		24,377			786,320

LIABILITIES:
Payables:
Fund Shares Redeemed		7		7		3			16
Due to Advisor		66		74		6			168
Accrued Expenses and Other Liabilities		35		37		8			67

Total Liabilities		108		118		17			251

NET ASSETS	$	308,324	$	340,119	$	24,360		$	786,069

NET ASSET VALUE, OFFERING AND REDEMPTION
PRICE PER SHARE:
Institutional Class Shares — based on net assets of $308,324; $340,119; $24,360 and $786,069 and shares outstanding of 15,262,880, 15,718,909, 978,007 and 27,140,290, respectively	$	20.20	$	21.64	$	24.91		$	28.96

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	$	303,467	$	329,796	$	26,743		$	697,810
Total Distributable Earnings (Loss)		4,857		10,323		(2,383	)		88,259

NET ASSETS	$	308,324	$	340,119	$	24,360		$	786,069

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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		—		$	3,992,851		—		—
Investment Securities at Value (including $317,581, $82,001, $591,903 and $267,626 of securities on loan, respectively)	$	5,525,580			5,959,271	$	11,299,500	$	3,283,957
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $321,983, $83,985, $518,559 and $243,420, respectively)		321,972			83,987		518,625		243,451
Segregated Cash for Futures Contracts		2,464			—		10,521		1,647
Foreign Currencies at Value		29,241			—		168,329		19,188
Cash		31,211			13,594		13,281		20,551
Receivables:
Investment Securities Sold		2,876			—		22,527		6,403
Dividends, Interest and Tax Reclaims		30,342			3,272		89,239		21,105
Securities Lending Income		279			23		488		293
Fund Shares Sold		2,635			6,548		5,894		2,228
Unrealized Gain on Foreign Currency Contracts		—			—		—		8
Prepaid Expenses and Other Assets		30			113		85		64

Total Assets		5,946,630			10,059,659		12,128,489		3,598,895

LIABILITIES:
Payables:
Upon Return of Securities Loaned		322,195			83,989		518,623		243,461
Investment Securities Purchased		6,467			2,218		9,716		7,274
Fund Shares Redeemed		1,378			6,742		5,321		2,961
Due to Advisor		1,154			930		3,854		856
Futures Margin Variation		1,716			—		6,662		1,041
Unrealized Loss on Foreign Currency Contracts		15			—		—		—
Accrued Expenses and Other Liabilities		501			374		1,210		394

Total Liabilities		333,426			94,253		545,386		255,987

NET ASSETS	$	5,613,204		$	9,965,406	$	11,583,103	$	3,342,908

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $5,613,204; $9,965,406; $11,583,103 and $3,342,908 and shares outstanding of 1,305,732,744, 814,024,792, 585,250,188 and 267,469,194, respectively	$	4.30		$	12.24	$	19.79	$	12.50

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	$	—		$	3,977,270	$	—	$	—

Investment Securities at Cost	$	5,217,111		$	4,375,248	$	10,671,899	$	2,850,696

Foreign Currencies at Cost	$	30,183		$	—	$	173,229	$	19,813

NET ASSETS CONSIST OF:
Paid-In Capital	$	6,613,835		$	8,251,155	$	10,493,035	$	2,814,233
Total Distributable Earnings (Loss)		(1,000,631	)		1,714,251		1,090,068		528,675

NET ASSETS	$	5,613,204		$	9,965,406	$	11,583,103	$	3,342,908

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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*
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	200,976		—
Investment Securities at Value (including $139,039, $0 and $243,113 of securities on loan, respectively)	$	2,030,862			—	$	3,596,086
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $140,330, $0 and $199,814, respectively)		140,331			—		199,837
Segregated Cash for Futures Contracts		—			—		1,646
Foreign Currencies at Value		2,283			—		30,187
Cash		—			53		8,119
Receivables:
Investment Securities Sold		—			—		6,294
Dividends, Interest and Tax Reclaims		9,134			—		18,078
Securities Lending Income		66			—		297
Fund Shares Sold		1,587			9		4,083
Prepaid Expenses and Other Assets		49			13		33

Total Assets		2,184,312			201,051		3,864,660

LIABILITIES:
Payables:
Due to Custodian		40			—		—
Upon Return of Securities Loaned		140,348			—		199,879
Investment Securities Purchased		—			—		5,869
Fund Shares Redeemed		3,175			76		2,024
Due to Advisor		451			23		781
Line of Credit		12			—		—
Futures Margin Variation		—			—		1,147
Deferred Taxes Payable		—			—		7,198
Accrued Expenses and Other Liabilities		134			23		739

Total Liabilities		144,160			122		217,637

NET ASSETS.	$	2,040,152		$	200,929	$	3,647,023

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $2,040,152; $200,929 and $3,647,023 and shares outstanding of 172,228,842, 16,928,904 and 295,331,820, respectively	$	11.85		$	11.87	$	12.35

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

Investments in Affiliated Investment Companies at Cost	$	—		$	174,166	$	—

Investment Securities at Cost	$	1,854,981			N/A	$	3,107,583

Foreign Currencies at Cost	$	2,298		$	—	$	30,882

NET ASSETS CONSIST OF:
Paid-In Capital	$	1,852,801		$	180,194	$	3,182,915
Total Distributable Earnings (Loss)		187,351			20,735		464,108

NET ASSETS	$	2,040,152		$	200,929	$	3,647,023
			��

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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	$	993,353	$	295,089	$	4,967,414	$	4,399,066
Temporary Cash Investments at Value & Cost		487		—		—		—
Segregated Cash for Futures Contracts		—		168		—		—
Cash		—		2,024		—		—
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—		651		—		—
Fund Shares Sold		249		68		8,446		2,435
Unrealized Gain on Forward Currency Contracts		—		730		—		—
Prepaid Expenses and Other Assets		18		12		74		32

Total Assets		994,107		298,742		4,975,934		4,401,533

LIABILITIES:
Payables:
Fund Shares Redeemed		174		308		9,829		1,373
Due to Advisor		34		11		837		1,221
Futures Margin Variation		—		117		—		—
Unrealized Loss on Forward Currency Contracts		—		129		—		—
Accrued Expenses and Other Liabilities		25		28		281		440

Total Liabilities		233		593		10,947		3,034

NET ASSETS	$	993,874	$	298,149	$	4,964,987	$	4,398,499

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $993,874; $298,149; $4,964,987 and $4,398,499 and shares outstanding of 49,421,316, 15,397,065, 173,235,390 and 194,625,499, respectively	$	20.11	$	19.36	$	28.66	$	22.60

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	$	711,415	$	182,823		N/A		N/A

NET ASSETS CONSIST OF:
Paid-In Capital	$	719,702	$	176,453	$	3,099,475	$	3,803,702
Total Distributable Earnings (Loss)		274,172		121,696		1,865,512		594,797

NET ASSETS	$	993,874	$	298,149	$	4,964,987	$	4,398,499

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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	$	11,925,822		—		—		—
Investment Securities at Value (including $0, $1,518,258, $7,128 and $1,308 of securities on loan, respectively)		—	$	26,676,311	$	208,538	$	358,174
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $0, $449,227, $1,444 and $1,200, respectively)		—		449,262		1,444		1,200
Segregated Cash for Futures Contracts		—		12,275		79		—
Foreign Currencies at Value		—		227,072		836		1,056
Cash		—		125,469		2,002		2,926
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—		8,287		134		92
Dividends and Interest		—		71,865		384		1,048
Securities Lending Income		—		3,474		24		7
Fund Shares Sold		27,019		29,823		335		167
Prepaid Expenses and Other Assets		86		252		15		24

Total Assets		11,952,927		27,604,090		213,791		364,694

LIABILITIES:
Payables:
Upon Return of Securities Loaned		—		449,356		1,446		1,200
Investment Securities/Affiliated Investment Companies Purchased		—		93,239		604		1,259
Fund Shares Redeemed		6,549		22,819		162		109
Due to Advisor		2,858		7,554		93		106
Futures Margin Variation		—		6,106		47		77
Unrealized Loss on Foreign Currency Contracts		—		—		—		1
Deferred Taxes Payable		—		171,774		1,218		—
Accrued Expenses and Other Liabilities		839		4,881		93		3

Total Liabilities		10,246		755,729		3,663		2,755

NET ASSETS	$	11,942,681	$	26,848,361	$	210,128	$	361,939

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $14,307; $0; $0 and $0 and shares outstanding of 485,188, 0, 0 and 0, respectively	$	29.48		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 $11,928,375; $26,848,361; $210,128 and $361,939 and shares outstanding of 401,882,565, 1,182,135,180, 18,930,740 and 38,929,215, respectively	$	29.68	$	22.71	$	11.10	$	9.30

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

Investment Securities at Cost		N/A	$	20,427,227	$	186,552	$	385,274

Foreign Currencies at Cost	$	—	$	231,794	$	839	$	1,054

NET ASSETS CONSIST OF:
Paid-In Capital	$	11,550,220	$	22,761,824	$	181,284	$	388,208
Total Distributable Earnings (Loss)		392,461		4,086,537		28,844		(26,269	)

NET ASSETS	$	11,942,681	$	26,848,361	$	210,128	$	361,939

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(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, $53 and $17,057, respectively)		—			—		$	486		$	175,286
Income from Securities Lending		—			—			36			5,947
Expenses Allocated from Affiliated Investment Companies		—			—			(31	)		(7,188	)

Income Distributions Received from Affiliated Investment Companies		—			—			267			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			—			758			174,045

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $8,299, $46,800, $0 and $0, respectively)	$	87,676		$	515,730			—			—
Income from Securities Lending		816			7,800			—			—

Total Fund Investment Income		88,492			523,530			—			—

Fund Expenses
Investment Management Fees		4,069			33,360			184			17,672
Accounting & Transfer Agent Fees		397			2,372			9			871
Custodian Fees		247			1,433			—			—
Filing Fees		55			285			13			116
Shareholders’ Reports		124			488			4			314
Directors’/Trustees’ Fees & Expenses		(26	)		(155	)		(1	)		(57	)
Professional Fees		45			249			—			26
Previously Waived Fees Recovered by Advisor (Note C)		—			—			1			—
Other		100			538			1			40

Total Fund Expenses		5,011			38,570			211			18,982

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			—			111			—
Fees Paid Indirectly (Note C)		1			(19	)		—			—

Net Expenses		5,010			38,589			100			18,982

Net Investment Income (Loss)		83,482			484,941			658			155,063

Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			—			3,071			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(16,952	)		461,393			—			—
Affiliated Investment Companies Shares Sold		(20	)		(328	)		(247	)		—
Transactions Allocated from Affiliated Investment Company**		—			—			(174	)		187,485
Futures		(2,209	)		(9,787	)		—			(1,311	)
Foreign Currency Transactions		(1,071	)		(7,250	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(713,393	)		(4,721,852	)		—			—
Affiliated Investment Companies Shares		(10	)		49			(9,329	)		—
Transactions Allocated from Affiliated Investment Company		—			—			(5,376	)		(2,185,731	)
Futures		(5,513	)		(17,509	)		—			(10,484	)
Translation of Foreign Currency-Denominated Amounts		(1,319	)		(8,174	)		—			—

Net Realized and Unrealized Gain (Loss)		(740,487	)		(4,303,458	)		(12,055	)		(2,010,041	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(657,005	)	$	(3,818,517	)	$	(11,397	)	$	(1,854,978	)

**	Net of foreign capital gain taxes withheld of $0, $0, $11 and $0, respectively.

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(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 $573, $113, $3 and $1,456, respectively)	$	5,141		$	5,622		$	687		$	8,928
Interest		—			—			—			24
Income from Securities Lending		91			481			1			411
Expenses Allocated from Affiliated Investment Companies		(207	)		(214	)		(19	)		(501	)

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		5,025			5,889			669			8,862

Fund Expenses
Investment Management Fees		669			680			67			1,625
Accounting & Transfer Agent Fees		36			39			4			85
Filing Fees		12			13			9			19
Shareholders’ Reports		8			7			4			11
Directors’/Trustees’ Fees & Expenses		(1	)		(1	)		—			(4	)
Professional Fees		—			—			—			1
Previously Waived Fees Recovered by Advisor (Note C)		—			—			13			—
Other		1			1			—			3

Total Fund Expenses		725			739			97			1,740

Fees Waived, Expenses Reimbursed by Advisor (Note C)		174			178			17			424

Net Expenses		551			561			80			1,316

Net Investment Income (Loss)		4,474			5,328			589			7,546

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on: Transactions Allocated from Affiliated Investment Company**		6,887			18,476			(1,183	)		8,197
Change in Unrealized Appreciation (Depreciation) of: Transactions Allocated from Affiliated Investment Company		(77,576	)		(57,982	)		(6,267	)		(157,221	)

Net Realized and Unrealized Gain (Loss)		(70,689	)		(39,506	)		(7,450	)		(149,024	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(66,215	)	$	(34,178	)	$	(6,861	)	$	(141,478	)

**	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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(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		—		$	285,879			—			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			285,879			—			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $12,695, $0, $17,573 and $5,248, respectively)	$	104,906			86,334		$	200,068		$	55,641
Income from Securities Lending		1,328			88			2,029			1,106

Total Fund Investment Income		106,234			86,422			202,097			56,747

Fund Expenses
Investment Management Fees		7,048			10,339			26,374			5,915
Accounting & Transfer Agent Fees		213			743			858			323
Custodian Fees		333			18			733			224
Filing Fees		21			94			67			34
Shareholders’ Reports		101			252			301			73
Directors’/Trustees’ Fees & Expenses		(27	)		(48	)		(56	)		(16	)
Professional Fees		39			31			98			27
Previously Waived Fees Recovered by Advisor (Note C)		—			68			—			—
Other		69			48			203			63

Total Fund Expenses		7,797			11,545			28,578			6,643

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			4,541			—			—
Fees Paid Indirectly (Note C)		(1	)		2			(4	)		—

Net Expenses		7,798			7,002			28,582			6,643

Net Investment Income (Loss)		98,436			365,299			173,515			50,104

Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			8,517			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(35,956	)		36,470			595,096			105,126
Affiliated Investment Companies Shares Sold		(109	)		162,321			(39	)		(27	)
Futures		1,002			471			(12,050	)		(151	)
Foreign Currency Transactions		(444	)		—			(826	)		(900	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(534,204	)		(194,929	)		(1,732,510	)		(546,673	)
Affiliated Investment Companies Shares		(40	)		(746,928	)		19			11
Futures		(4,634	)		—			(13,114	)		(2,282	)
Translation of Foreign Currency-Denominated Amounts		(1,474	)		—			(4,266	)		(947	)

Net Realized and Unrealized Gain (Loss)		(575,859	)		(734,078	)		(1,167,690	)		(445,843	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(477,423	)	$	(368,779	)	$	(994,175	)	$	(395,739	)

**	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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	International High Relative Profitability Portfolio^#			World ex U.S. Value Portfolio*			World ex U.S. Core Equity Portfolio^#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $0, $408 and $0, respectively)		—		$	4,406			—
Income from Securities Lending		—			70			—
Expenses Allocated from Affiliated Investment Companies		—			(239	)		—

Income Distributions Received from Affiliated Investment Companies		—			565			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		—			4,802			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $2,929, $0 and $5,560, respectively)	$	32,962			—		$	55,019
Income from Securities Lending		291			—			1,342

Total Fund Investment Income		33,253			—			56,361

Fund Expenses
Investment Management Fees		2,766			494			4,890
Accounting & Transfer Agent Fees		206			12			306
Custodian Fees		88			20			402
Filing Fees		51			15			51
Shareholders’ Reports		26			7			82
Directors’/Trustees’ Fees & Expenses		(11	)		(2	)		(18	)
Professional Fees		15			5			48
Other		35			1			77

Total Fund Expenses		3,176			552			5,838

Fees Waived, Expenses Reimbursed by Advisor (Note C)		—			262			—
Fees Paid Indirectly (Note C)		—			—			1

Net Expenses		3,176			290			5,837

Net Investment Income (Loss)		30,077			4,512			50,524

Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Investment Securities		—			194			—
Net Realized Gain (Loss) on:
Investment Securities Sold**		(732	)		—			83,247
Affiliated Investment Companies Shares Sold		(9	)		677			(30	)
Transactions Allocated from Affiliated Investment Company**		—			3,725			—
Futures		(423	)		—			393
Foreign Currency Transactions		61			—			(674	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(315,269	)		—			(522,096	)
Affiliated Investment Companies Shares		(4	)		(3,450	)		—
Transactions Allocated from Affiliated Investment Company		—			(18,634	)		—
Futures		—			—			(2,270	)
Translation of Foreign Currency-Denominated Amounts		(410	)		—			(739	)

Net Realized and Unrealized Gain (Loss)		(316,786	)		(17,488	)		(442,169	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(286,709	)	$	(12,976	)	$	(391,645	)

**	Net of foreign capital gain taxes withheld of $0, $48 and $23, respectively.

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

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(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, $7,038 and $5,988, respectively)		—			—		$	64,615		$	39,703
Interest		—			—			22			76
Income from Securities Lending		—			—			2,173			9,586
Expenses Allocated from Affiliated Investment Companies		—			—			(4,187	)		(6,352	)

Income Distributions Received from Affiliated Investment Companies	$	9,121		$	2,793			—			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		9,121			2,793			62,623			43,013

Fund Expenses
Investment Management Fees		1,185			394			8,336			12,638
Accounting & Transfer Agent Fees		82			34			371			320
Custodian Fees		—			1			—			—
Filing Fees		18			13			49			60
Shareholders’ Reports		13			11			141			117
Directors’/Trustees’ Fees & Expenses		(5	)		(2	)		(25	)		(21	)
Professional Fees		2			1			9			8
Previously Waived Fees Recovered by Advisor (Note C)		21			—			—			—
Other		5			2			18			16

Total Fund Expenses		1,321			454			8,899			13,138

Fees Waived, Expenses Reimbursed by Advisor (Note C)		931			327			2,875			4,861

Net Expenses		390			127			6,024			8,277

Net Investment Income (Loss)		8,731			2,666			56,599			34,736

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		(2,378	)		1,489			—			—
Transactions Allocated from Affiliated Investment Company**		—			—			122,342			117,172
Futures		—			(122	)		—			—
Forward Currency Contracts		—			5,461			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			1			—			—
Affiliated Investment Companies Shares		(125,151	)		(40,916	)		—			—
Transactions Allocated from Affiliated Investment Company		—			—			(738,092	)		(562,284	)
Futures		—			(191	)		—			—
Translation of Foreign Currency-Denominated Amounts		—			(1	)		—			—
Forward Currency Contracts		—			254			—			—

Net Realized and Unrealized Gain (Loss)		(110,834	)		(27,338	)		(615,750	)		(445,112	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(102,103	)	$	(24,672	)	$	(559,151	)	$	(410,376	)

**	Net of foreign capital gain taxes withheld of $0, $0, $2,882 and $4,581, 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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	Emerging Markets Value Portfolio*			Emerging Markets Core Equity Portfolio^#			Emerging Markets Targeted Value Portfolio^#			Emerging Markets ex China Core Equity Portfolio ^#
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies
Dividends (Net of Foreign Taxes Withheld of $16,622, $0, $0 and $0, respectively)	$	168,558			—			—			—
Interest		212			—			—			—
Income from Securities Lending		6,323			—			—			—
Expenses Allocated from Affiliated Investment Companies		(9,127	)		—			—			—

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		165,966			—			—			—

Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $33,136, $337 and $576, respectively)		—		$	322,193		$	2,339		$	4,575
Income from Securities Lending		—			19,589			115			12

Total Fund Investment Income		—			341,782			2,454			4,587

Fund Expenses
Investment Management Fees		25,290			46,886			564			525
Accounting & Transfer Agent Fees		625			1,924			25			25
Custodian Fees		—			5,243			74			64
Shareholder Servicing Fees
Class R2 Shares		18			—			—			—
Filing Fees		87			194			21			3
Shareholders’ Reports		234			541			8			17
Directors’/Trustees’ Fees & Expenses		(53	)		(126	)		—			(1	)
Professional Fees		19			227			7			36
Other		42			659			—			9

Total Fund Expenses		26,262			55,548			699			678

Class R2 Shares		7			—			—			—
Institutional Class Shares		6,316			—			—			—
Fees Paid Indirectly (Note C)		—			(3	)		—			—

Net Expenses		19,939			55,551			699			678

Net Investment Income (Loss)		146,027			286,231			1,755			3,909

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		—			200,057			10,215			(35	)
Affiliated Investment Companies Shares Sold		—			(33	)		(1	)		—
Transactions Allocated from Affiliated Investment Company**		286,838			—			—			—
Futures		—			(11,549	)		5			(268	)
Foreign Currency Transactions		—			2,702			(34	)		(375	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			(3,040,148	)		(25,264	)		(27,100	)
Affiliated Investment Companies Shares		—			(42	)		—			—
Transactions Allocated from Affiliated Investment Company		(897,538	)		—			—			—
Futures		—			(13,971	)		(95	)		(77	)
Translation of Foreign Currency-Denominated Amounts		—			(2,099	)		(5	)		(14	)

Net Realized and Unrealized Gain (Loss)		(610,700	)		(2,865,083	)		(15,179	)		(27,869	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(464,673	)	$	(2,578,852	)	$	(13,424	)	$	(23,960	)

**	Net of foreign capital gain taxes withheld of $6,818, $104, $327 and $6, respectively.

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.

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***
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	83,482		$	152,804		$	484,941		$	828,078		$	658		$	1,172
Capital Gain Distributions Received from Investment Securities		—			—			—			—			3,071			—
Net Realized Gain (Loss) on:
Investment Securities Sold,*		(16,952	)		88,328			461,393			210,041			—			—
Affiliated Investment Companies Shares Sold		(20	)		(10	)		(328	)		(21	)		(247	)		336
Transactions Allocated from Affiliated Investment Company,*		—			—			—			—			(174	)		2,035
Futures		(2,209	)		14,606			(9,787	)		79,338			—			35
Foreign Currency Transactions		(1,071	)		515			(7,250	)		769			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(713,393	)		1,375,966			(4,721,852	)		8,427,366			—			—
Affiliated Investment Companies Shares		(10	)		(9	)		49			(71	)		(9,329	)		14,525
Transactions Allocated from Affiliated Investment Company		—			—			—			—			(5,376	)		5,844
Futures		(5,513	)		2,380			(17,509	)		10,863			—			—
Translation of Foreign Currency-Denominated Amounts		(1,319	)		(315	)		(8,174	)		(1,813	)		—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		(657,005	)		1,634,265			(3,818,517	)		9,554,550			(11,397	)		23,947

Distributions:
Institutional Class Shares		(79,306	)		(144,492	)		(462,903	)		(761,635	)		(3,556	)		(727	)
Capital Share Transactions (1):
Shares Issued		755,250			711,780			3,265,039			5,674,163			9,120			44,864
Shares Issued in Lieu of Cash Distributions		73,628			134,111			444,641			732,468			3,556			727
Shares Redeemed		(706,767	)		(1,003,971	)		(2,900,802	)		(5,535,524	)		(9,326	)		(12,748	)

Net Increase (Decrease) from Capital Share Transactions		122,111			(158,080	)		808,878			871,107			3,350			32,843

Total Increase (Decrease) in Net Assets		(614,200	)		1,331,693			(3,472,542	)		9,664,022			(11,603	)		56,063
Net Assets
Beginning of Period		6,032,181			4,700,488			34,629,583			24,965,561			99,631			43,568

End of Period	$	5,417,981		$	6,032,181		$	31,157,041		$	34,629,583		$	88,028		$	99,631

(1) Shares Issued and Redeemed:
Shares Issued		28,962			26,957			211,455			365,542			628			3,098
Shares Issued in Lieu of Cash Distributions		2,772			5,054			28,498			47,003			241			58
Shares Redeemed		(27,404	)		(38,575	)		(188,104	)		(359,922	)		(649	)		(886	)

Net Increase (Decrease) from Shares Issued and Redeemed		4,330			(6,564	)		51,849			52,623			220			2,270

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $0, $0 and $11, 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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	International Small Company Portfolio***						Japanese Small Company Portfolio***						Asia Pacific Small Company Portfolio***
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	155,063		$	238,915		$	4,474		$	8,010		$	5,328		$	13,100
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company,*		187,485			837,220			6,887			17,921			18,476			49,285
Futures		(1,311	)		26,350			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(2,185,731	)		2,927,439			(77,576	)		31,604			(57,982	)		75,175
Futures		(10,484	)		3,416			—			—			—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		(1,854,978	)		4,033,340			(66,215	)		57,535			(34,178	)		137,560

Distributions:
Institutional Class Shares		(726,164	)		(220,133	)		(18,487	)		(10,581	)		(42,269	)		(12,808	)
Capital Share Transactions (1):
Shares Issued		1,250,739			2,604,837			9,995			19,129			2,685			13,533
Shares Issued in Lieu of Cash Distributions		711,622			214,868			18,485			10,580			42,264			12,805
Shares Redeemed		(1,713,757	)		(3,315,191	)		(15,291	)		(163,522	)		(9,873	)		(148,282	)

Net Increase (Decrease) from Capital Share Transactions		248,604			(495,486	)		13,189			(133,813	)		35,076			(121,944	)

Total Increase (Decrease) in Net Assets		(2,332,538	)		3,317,721			(71,513	)		(86,859	)		(41,371	)		2,808
Net Assets
Beginning of Period		13,465,853			10,148,132			379,837			466,696			381,490			378,682

End of Period	$	11,133,315		$	13,465,853		$	308,324		$	379,837		$	340,119		$	381,490

(1) Shares Issued and Redeemed:
Shares Issued		59,794			116,406			440			736			120			520
Shares Issued in Lieu of Cash Distributions		33,775			10,453			765			418			1,874			559
Shares Redeemed		(82,535	)		(151,391	)		(664	)		(6,381	)		(438	)		(5,727	)

Net Increase (Decrease) from Shares Issued and Redeemed		11,034			(24,532	)		541			(5,227	)		1,556			(4,648	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	United Kingdom Small						Continental Small						DFA International Real
	Company Portfolio***						Company Portfolio***						Estate Securities Portfolio
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	589		$	658		$	7,546		$	13,506		$	98,436		$	185,202
Net Realized Gain (Loss) on:
Investment Securities Sold,*		—			—			—			—			(35,956	)		(56,022	)
Affiliated Investment Companies Shares Sold		—			—			—			—			(109	)		(43	)
Transactions Allocated from Affiliated Investment Company,*		(1,183	)		1,117			8,197			44,052			—			—
Futures		—			—			—			—			1,002			13,260
Foreign Currency Transactions		—			—			—			—			(444	)		(485	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		—			—			—			—			(534,204	)		1,378,475
Affiliated Investment Companies Shares		—			—			—			—			(40	)		(2	)
Transactions Allocated from Affiliated Investment Company		(6,267	)		7,530			(157,221	)		216,160			—			—
Futures		—			—			—			—			(4,634	)		3,086
Translation of Foreign Currency-Denominated Amounts		—			—			—			—			(1,474	)		(414	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(6,861	)		9,305			(141,478	)		273,718			(477,423	)		1,523,057

Distributions:
Institutional Class Shares		(1,618	)		(589	)		(24,130	)		(13,461	)		(447,007	)		—
Capital Share Transactions (1):
Shares Issued		496			26,424			67,014			76,760			489,125			714,047
Shares Issued in Lieu of Cash Distributions		1,618			588			24,128			13,460			444,430			—
Shares Redeemed		(13,408	)		(8,462	)		(7,224	)		(20,462	)		(383,385	)		(896,488	)

Net Increase (Decrease) from Capital Share Transactions		(11,294	)		18,550			83,918			69,758			550,170			(182,441	)

Total Increase (Decrease) in Net Assets		(19,773	)		27,266			(81,690	)		330,015			(374,260	)		1,340,616
Net Assets
Beginning of Period		44,133			16,867			867,759			537,744			5,987,464			4,646,848

End of Period	$	24,360		$	44,133		$	786,069		$	867,759		$	5,613,204		$	5,987,464

(1) Shares Issued and Redeemed:
Shares Issued		18			855			2,026			2,229			105,519			148,690
Shares Issued in Lieu of Cash Distributions		57			20			735			418			96,826			—
Shares Redeemed		(488	)		(274	)		(221	)		(622	)		(84,153	)		(192,731	)

Net Increase (Decrease) from Shares Issued and Redeemed		(413	)		601			2,540			2,025			118,192			(44,041	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	DFA Global Real Estate						DFA International Small						International Vector Equity
	Securities Portfolio						Cap Value Portfolio						Portfolio
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	365,299		$	124,365		$	173,515		$	261,889		$	50,104		$	82,679
Capital Gain Distributions Received from Investment Securities		8,517			1,045			—			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold,*		36,470			43,747			595,096			541,397			105,126			191,536
Affiliated Investment Companies Shares Sold		162,321			60,992			(39	)		(1	)		(27	)		(7	)
Futures		471			1,671			(12,050	)		26,234			(151	)		(437	)
Foreign Currency Transactions		—			—			(826	)		1,071			(900	)		49
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(194,929	)		1,755,986			(1,732,510	)		3,392,048			(546,673	)		860,557
Affiliated Investment Companies Shares		(746,928	)		1,097,358			19			(25	)		11			(8	)
Futures		—			—			(13,114	)		9,695			(2,282	)		826
Translation of Foreign Currency-Denominated Amounts		—			—			(4,266	)		(1,012	)		(947	)		(279	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(368,779	)		3,085,164			(994,175	)		4,231,296			(395,739	)		1,134,916

Distributions:
Institutional Class Shares		(480,433	)		(186,953	)		(366,572	)		(258,254	)		(127,309	)		(74,200	)
Capital Share Transactions (1):
Shares Issued		1,078,953			2,211,113			1,069,578			1,538,249			365,110			397,948
Shares Issued in Lieu of Cash Distributions		461,594			179,038			324,001			226,985			126,543			73,824
Shares Redeemed		(1,263,515	)		(1,976,601	)		(1,234,440	)		(2,841,493	)		(342,487	)		(538,557	)

Net Increase (Decrease) from Capital Share Transactions		277,032			413,550			159,139			(1,076,259	)		149,166			(66,785	)

Total Increase (Decrease) in Net Assets		(572,180	)		3,311,761			(1,201,608	)		2,896,783			(373,882	)		993,931
Net Assets
Beginning of Period		10,537,586			7,225,825			12,784,711			9,887,928			3,716,790			2,722,859

End of Period	$	9,965,406		$	10,537,586		$	11,583,103		$	12,784,711		$	3,342,908		$	3,716,790

(1) Shares Issued and Redeemed:
Shares Issued		84,556			189,077			51,083			74,227			27,645			29,258
Shares Issued in Lieu of Cash Distributions		35,644			16,811			15,762			11,757			9,394			5,458
Shares Redeemed		(98,781	)		(168,470	)		(59,015	)		(140,273	)		(25,777	)		(39,764	)

Net Increase (Decrease) from Shares Issued and Redeemed		21,419			37,418			7,830			(54,289	)		11,262			(5,048	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

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***
	Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021
	(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	30,077		$	45,392		$	4,512		$	9,084
Capital Gain Distributions Received from Investment Securities		—			—			194			—
Net Realized Gain (Loss) on:
Investment Securities Sold,*		(732	)		43,197			—			—
Affiliated Investment Companies Shares Sold		(9	)		(6	)		677			252
Transactions Allocated from Affiliated Investment Company,*		—			—			3,725			8,125
Futures		(423	)		2,062			—			—
Foreign Currency Transactions		61			(81	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(315,269	)		399,054			—			—
Affiliated Investment Companies Shares		(4	)		(2	)		(3,450	)		7,908
Transactions Allocated from Affiliated Investment Company		—			—			(18,634	)		68,735
Futures		—			145			—			—
Translation of Foreign Currency-Denominated Amounts		(410	)		(61	)		—			—

Net Increase (Decrease) in Net Assets Resulting from Operations		(286,709	)		489,700			(12,976	)		94,104

Distributions:
Institutional Class Shares		(37,005	)		(43,180	)		(5,601	)		(8,755	)
Capital Share Transactions (1):
Shares Issued		428,407			559,296			12,264			60,323
Shares Issued in Lieu of Cash Distributions		36,392			42,393			5,601			8,749
Shares Redeemed		(284,657	)		(339,830	)		(107,025	)		(52,670	)

Net Increase (Decrease) from Capital Share Transactions		180,142			261,859			(89,160	)		16,402

Total Increase (Decrease) in Net Assets		(143,572	)		708,379			(107,737	)		101,751
Net Assets
Beginning of Period		2,183,724			1,475,345			308,666			206,915

End of Period	$	2,040,152		$	2,183,724		$	200,929		$	308,666

(1) Shares Issued and Redeemed:
Shares Issued		32,730			42,975			983			4,967
Shares Issued in Lieu of Cash Distributions		2,727			3,204			463			723
Shares Redeemed		(22,278	)		(25,822	)		(8,884	)		(4,335	)

Net Increase (Decrease) from Shares Issued and Redeemed		13,179			20,357			(7,438	)		1,355

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $0 and $48, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $0 and $84, 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.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	World ex U.S. Core Equity Portfolio						World Core Equity Portfolio						Selectively Hedged Global Equity Portfolio
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	50,524		$	98,566		$	8,731		$	16,261		$	2,666		$	5,395
Capital Gain Distributions Received from Investment Securities		—			—			16,695			—			6,687			—
Net Realized Gain (Loss) on:
Investment Securities Sold,*		83,247			21,498			—			—			—			—
Affiliated Investment Companies Shares Sold		(30	)		(2	)		(2,378	)		10,552			1,489			15,611
Futures		393			8,882			—			(18	)		(122	)		1,247
Foreign Currency Transactions		(674	)		(357	)		—			—			—			—
Forward Currency Contracts		—			—			—			—			5,461			694
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(522,096	)		991,909			—			—			1			(19	)
Affiliated Investment Companies Shares		—			(6	)		(125,151	)		283,947			(40,916	)		88,688
Futures		(2,270	)		1,632			—			—			(191	)		196
Translation of Foreign Currency-Denominated Amounts		(739	)		(210	)		—			—			(1	)		—
Forward Currency Contracts		—			—			—			—			254			121

Net Increase (Decrease) in Net Assets Resulting from Operations		(391,645	)		1,121,912			(102,103	)		310,742			(24,672	)		111,933

Distributions:
Institutional Class Shares		(45,643	)		(98,429	)		(17,074	)		(16,210	)		(21,529	)		(6,934	)
Capital Share Transactions (1):
Shares Issued		355,923			608,060			172,538			205,873			18,261			40,778
Shares Issued in Lieu of Cash Distributions		45,407			97,865			16,038			15,000			21,408			6,900
Shares Redeemed		(406,185	)		(850,479	)		(164,239	)		(196,293	)		(44,026	)		(92,479	)

Net Increase (Decrease) from Capital Share Transactions		(4,855	)		(144,554	)		24,337			24,580			(4,357	)		(44,801	)

Total Increase (Decrease) in Net Assets		(442,143	)		878,929			(94,840	)		319,112			(50,558	)		60,198
Net Assets
Beginning of Period		4,089,166			3,210,237			1,088,714			769,602			348,707			288,509

End of Period	$	3,647,023		$	4,089,166		$	993,874		$	1,088,714		$	298,149		$	348,707

(1) Shares Issued and Redeemed:
Shares Issued		26,807			45,421			7,919			9,724			873			2,016
Shares Issued in Lieu of Cash Distributions		3,388			7,267			721			711			1,017			372
Shares Redeemed		(30,333	)		(64,633	)		(7,488	)		(9,418	)		(2,094	)		(4,584	)

Net Increase (Decrease) from Shares Issued and Redeemed		(138	)		(11,945	)		1,152			1,017			(204	)		(2,196	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $23, $0 and $0, respectively.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $16, $0 and $0, respectively.

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	Emerging Markets						Emerging Markets						Emerging Markets Value
	Portfolio***						Small Cap Portfolio***						Portfolio***
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	56,599		$	140,092		$	34,736		$	114,098		$	146,027		$	420,462
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company,*		122,342			398,700			117,172			592,687			286,838			675,824
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(738,092	)		691,616			(562,284	)		923,652			(897,538	)		3,251,339

Net Increase (Decrease) in Net Assets Resulting from Operations		(559,151	)		1,230,408			(410,376	)		1,630,437			(464,673	)		4,347,625

Distributions:
Class R2 Shares		—			—			—			—			(269	)		(349	)
Institutional Class Shares		(255,778	)		(122,695	)		(264,169	)		(128,503	)		(258,648	)		(381,943	)

Total Distributions		(255,778	)		(122,695	)		(264,169	)		(128,503	)		(258,917	)		(382,292	)

Capital Share Transactions (1):
Shares Issued		759,738			1,466,367			350,379			453,465			1,036,188			1,803,325
Shares Issued in Lieu of Cash Distributions		247,502			118,246			247,861			120,830			248,804			368,413
Shares Redeemed		(1,452,511	)		(2,119,497	)		(641,120	)		(1,840,038	)		(1,890,431	)		(5,474,850	)

Net Increase (Decrease) from Capital Share Transactions		(445,271	)		(534,884	)		(42,880	)		(1,265,743	)		(605,439	)		(3,303,112	)

Total Increase (Decrease) in Net Assets		(1,260,200	)		572,829			(717,425	)		236,191			(1,329,029	)		662,221
Net Assets
Beginning of Period		6,225,187			5,652,358			5,115,924			4,879,733			13,271,710			12,609,489

End of Period	$	4,964,987		$	6,225,187		$	4,398,499		$	5,115,924		$	11,942,681		$	13,271,710

(1) Shares Issued and Redeemed:
Shares Issued		24,772			43,254			14,305			18,380			33,520			58,117
Shares Issued in Lieu of Cash Distributions		7,947			3,525			10,154			5,119			8,118			12,138
Shares Redeemed		(47,821	)		(62,966	)		(26,373	)		(75,078	)		(60,846	)		(175,638	)

Net Increase (Decrease) from Shares Issued and Redeemed		(15,102	)		(16,187	)		(1,914	)		(51,579	)		(19,208	)		(105,383	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $2,882, $4,581 and $6,818, 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.

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
	Six Months			Year			Six Months			Year			Nov 15, 2021
	Ended			Ended			Ended			Ended			to
	Apr 30, 2022			Oct 31, 2021			Apr 30, 2022			Oct 31, 2021			Apr 30, 2022
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	286,231		$	670,994		$	1,755		$	5,084		$	3,909
Net Realized Gain (Loss) on:
Investment Securities Sold,*		200,057			544,729			10,215			17,753			(35	)
Affiliated Investment Companies Shares Sold		(33	)		(14	)		(1	)		—			—
Futures		(11,549	)		67,395			5			348			(268	)
Foreign Currency Transactions		2,702			(15,240	)		(34	)		(82	)		(375	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(3,040,148	)		5,134,175			(25,264	)		42,862			(27,100	)
Affiliated Investment Companies Shares		(42	)		(32	)		—			—			—
Futures		(13,971	)		15,950			(95	)		67			(77	)
Translation of Foreign Currency-Denominated Amounts		(2,099	)		100			(5	)		2			(14	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(2,578,852	)		6,418,057			(13,424	)		66,034			(23,960	)

Distributions:
Institutional Class Shares		(277,722	)		(590,306	)		(22,133	)		(4,500	)		(2,309	)
Capital Share Transactions (1):
Shares Issued		3,718,719			4,891,169			37,167			53,547			449,246
Shares Issued in Lieu of Cash Distributions		263,598			560,095			21,501			4,385			2,246
Shares Redeemed		(3,432,751	)		(6,904,346	)		(47,904	)		(54,708	)		(63,284	)

Net Increase (Decrease) from Capital Share Transactions		549,566			(1,453,082	)		10,764			3,224			388,208

Total Increase (Decrease) in Net Assets		(2,307,008	)		4,374,669			(24,793	)		64,758			361,939
Net Assets
Beginning of Period		29,155,369			24,780,700			234,921			170,163			—

End of Period	$	26,848,361		$	29,155,369		$	210,128		$	234,921		$	361,939

(1) Shares Issued and Redeemed:
Shares Issued		153,108			191,908			3,159			4,233			45,173
Shares Issued in Lieu of Cash Distributions		10,698			22,111			1,847			389			228
Shares Redeemed		(140,648	)		(273,309	)		(3,971	)		(4,246	)		(6,471	)

Net Increase (Decrease) from Shares Issued and Redeemed		23,158			(59,290	)		1,035			376			38,930

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $104, $327 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.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Large Cap International Portfolio																		International Core Equity Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	27.63		$	20.90		$	22.78		$	21.29		$	23.52		$	19.52		$	16.35		$	12.08		$	13.19		$	12.65		$	14.23$			11.58

Income from Investment Operations (A)
Net Investment Income (Loss)		0.38			0.70			0.49			0.70			0.66			0.58			0.23			0.40			0.28			0.41			0.38			0.34
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.32	)		6.70			(1.87	)		1.47			(2.25	)		4.00			(2.01	)		4.24			(1.11	)		0.53			(1.60	)		2.63

Total from Investment Operations		(2.94	)		7.40			(1.38	)		2.17			(1.59	)		4.58			(1.78	)		4.64			(0.83	)		0.94			(1.22	)		2.97

Less Distributions:
Net Investment Income		(0.36	)		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.58	)		(0.22	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)		(0.32	)

Total Distributions		(0.36	)		(0.67	)		(0.50	)		(0.68	)		(0.64	)		(0.58	)		(0.22	)		(0.37	)		(0.28	)		(0.40	)		(0.36	)		(0.32	)

Net Asset Value, End of Period	$	24.33		$	27.63		$	20.90		$	22.78		$	21.29		$	23.52		$	14.35		$	16.35		$	12.08		$	13.19		$	12.65$			14.23

Total Return		(10.75	%)(B)		35.55	%		(6.05	%)		10.38	%		(6.97	%)		23.79	%		(11.01	%)(B)		38.56	%		(6.32	%)		7.67	%		(8.79	%)		26.02	%

Net Assets, End of Period (thousands)	$	5,417,981		$	6,032,181		$	4,700,488		$	5,356,475		$	4,587,406		$	4,723,090		$	31,157,041		$	34,629,583		$	24,965,561		$	30,559,427		$	27,174,589		$	25,443,968
Ratio of Expenses to Average Net Assets		0.17	%(C)		0.19	%		0.22	%		0.23	%		0.23	%		0.25	%		0.23	%(C)		0.25	%		0.30	%		0.29	%		0.30	%		0.30	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.17	%(C)		0.19	%		0.23	%		0.24	%		0.23	%		0.25	%		0.23	%(C)		0.25	%		0.30	%		0.31	%		0.30	%		0.32	%
Ratio of Net Investment Income to Average Net Assets		2.87	%(C)		2.65	%		2.31	%		3.22	%		2.78	%		2.72	%		2.91	%(C)		2.56	%		2.24	%		3.21	%		2.67	%		2.62	%
Portfolio Turnover Rate		4	%(B)		14	%		19	%		7	%		8	%		10	%		5	%(B)		8	%		4	%		6	%		4	%		6	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Global Small Company Portfolio																		International Small Company Portfolio
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Period Jan 18, 2017 to Oct 31, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	15.52		$	10.50		$	11.07		$	10.73		$	11.53		$	10.00		$	23.29		$	16.84		$	18.21		$	18.46		$	21.52$			17.78

Income from Investment Operations (A)
Net Investment Income (Loss)		0.10			0.22			0.15			0.18			0.19			0.14			0.26			0.41			0.33			0.43			0.46			0.41
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.81	)		4.97			(0.55	)		0.27			(0.75	)		1.39			(3.40	)		6.42			(0.93	)		0.58			(2.41	)		4.13

Total from Investment Operations		(1.71	)		5.19			(0.40	)		0.45			(0.56	)		1.53			(3.14	)		6.83			(0.60	)		1.01			(1.95	)		4.54

Less Distributions:
Net Investment Income		(0.25	)		(0.17	)		(0.17	)		(0.11	)		(0.17	)		—			(0.46	)		(0.38	)		(0.37	)		(0.44	)		(0.44	)		(0.34	)
Net Realized Gains		(0.30	)		—			—			—			(0.07	)		—			(0.79	)		—			(0.40	)		(0.82	)		(0.67	)		(0.46	)

Total Distributions		(0.55	)		(0.17	)		(0.17	)		(0.11	)		(0.24	)		—			(1.25	)		(0.38	)		(0.77	)		(1.26	)		(1.11	)		(0.80	)

Net Asset Value, End of Period	$	13.26		$	15.52		$	10.50		$	11.07		$	10.73		$	11.53		$	18.90		$	23.29		$	16.84		$	18.21		$	18.46$			21.52

Total Return		(11.38	%)(B)		49.81	%		(3.75	%)		4.29	%		(5.02	%)		15.30	%(B)		(14.01	%)(B)		40.83	%		(3.64	%)		6.44	%		(9.54	%)		26.54	%

Net Assets, End of Period (thousands)	$	88,028		$	99,631		$	43,568		$	41,286		$	31,380		$	15,021		$	11,133,315		$	13,465,853		$	10,148,132		$	12,750,110		$	12,656,204		$	13,490,290
Ratio of Expenses to Average Net Assets *(D)		0.45	%(C)		0.47	%		0.47	%		0.49	%		0.49	%		0.42	%(C)(E)		0.42	%(C)		0.46	%		0.53	%		0.54	%		0.53	%		0.53	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(D)		0.68	%(C)		0.71	%		0.85	%		0.93	%		0.90	%		1.14	%(C)(E)		0.42	%(C)		0.46	%		0.53	%		0.54	%		0.53	%		0.53	%
Ratio of Net Investment Income to Average Net Assets		1.38	%(C)		1.49	%		1.50	%		1.69	%		1.58	%		1.74	%(C)(E)		2.49	%(C)		1.90	%		1.96	%		2.44	%		2.18	%		2.14	%

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:.		0.23	%(C)		0.24	%		0.27	%		0.27	%		0.26	%		0.27	%		0.12	%(C)		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.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Japanese Small Company Portfolio																		Asia Pacific Small Company Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	25.80		$	23.39		$	24.89		$	25.70		$	28.56		$	23.01		$	26.94		$	20.13		$	21.11		$	20.83		$	23.71		$	21.27

Income from Investment Operations (A)
Net Investment Income (Loss)		0.30			0.44			0.40			0.45			0.43			0.37			0.35			0.75			0.75			0.77			0.84			0.74
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.64	)		2.51			(0.91	)		0.37			(2.59	)		5.61			(2.66	)		6.74			(0.77	)		0.19			(2.76	)		2.45

Total from Investment Operations		(4.34	)		2.95			(0.51	)		0.82			(2.16	)		5.98			(2.31	)		7.49			(0.02	)		0.96			(1.92	)		3.19

Less Distributions:
Net Investment Income		(0.53	)		(0.54	)		(0.61	)		(0.28	)		(0.70	)		(0.43	)		(1.07	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)		(0.75	)
Net Realized Gains		(0.73	)		—			(0.38	)		(1.35	)		—			—			(1.92	)		—			—			—			—			—

Total Distributions		(1.26	)		(0.54	)		(0.99	)		(1.63	)		(0.70	)		(0.43	)		(2.99	)		(0.68	)		(0.96	)		(0.68	)		(0.96	)		(0.75	)

Net Asset Value, End of Period	$	20.20		$	25.80		$	23.39		$	24.89		$	25.70		$	28.56		$	21.64		$	26.94		$	20.13		$	21.11		$	20.83		$	23.71

Total Return		(17.63	%)(B)		12.66	%		(2.32	%)		4.01	%		(7.82	%)		26.56	%		(9.03	%)(B)		37.81	%		(0.23	%)		4.81	%		(8.51	%)		15.70	%

Net Assets, End of Period (thousands)	$	308,324		$	379,837		$	466,696		$	640,068		$	622,650		$	647,978		$	340,119		$	381,490		$	378,682		$	340,649		$	346,335		$	332,153
Ratio of Expenses to Average Net Assets (F)		0.43	%(C)		0.47	%		0.54	%		0.55	%		0.53	%		0.54	%		0.44	%(C)		0.48	%		0.54	%		0.57	%		0.54	%		0.54	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.53	%(C)		0.57	%		0.64	%		0.65	%		0.63	%		0.64	%		0.54	%(C)		0.58	%		0.64	%		0.67	%		0.64	%		0.64	%
Ratio of Net Investment Income to Average Net Assets		2.57	%(C)		1.69	%		1.74	%		1.91	%		1.49	%		1.50	%		3.00	%(C)		3.01	%		3.92	%		3.65	%		3.57	%		3.41	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	United Kingdom Small Company Portfolio																		Continental Small Company Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	31.72		$	21.35		$	27.85		$	26.95		$	32.67		$	27.21		$	35.27		$	23.82		$	24.84		$	24.37		$	28.24		$	21.48

Income from Investment Operations (A)
Net Investment Income (Loss)		0.49			0.58			0.43			0.76			0.85			0.87			0.29			0.57			0.40			0.55			0.61			0.45
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.10	)		10.31			(4.00	)		1.68			(3.65	)		6.67			(5.62	)		11.45			(1.04	)		1.23			(3.68	)		6.73

Total from Investment Operations		(5.61	)		10.89			(3.57	)		2.44			(2.80	)		7.54			(5.33	)		12.02			(0.64	)		1.78			(3.07	)		7.18

Less Distributions:
Net Investment Income		(0.65	)		(0.52	)		(0.68	)		(0.47	)		(0.79	)		(0.93	)		(0.30	)		(0.57	)		(0.38	)		(0.51	)		(0.59	)		(0.42	)
Net Realized Gains		(0.55	)		—			(2.25	)		(1.07	)		(2.13	)		(1.15	)		(0.68	)		—			—			(0.80	)		(0.21	)		—

Total Distributions		(1.20	)		(0.52	)		(2.93	)		(1.54	)		(2.92	)		(2.08	)		(0.98	)		(0.57	)		(0.38	)		(1.31	)		(0.80	)		(0.42	)

Net Asset Value, End of Period	$	24.91		$	31.72		$	21.35		$	27.85		$	26.95		$	32.67		$	28.96		$	35.27		$	23.82		$	24.84		$	24.37		$	28.24

Total Return		(18.17	%)(B)		51.31	%		(15.27	%)		10.14	%		(9.34	%)		29.28	%		(15.44	%)(B)		50.70	%		(2.63	%)		7.94	%		(11.14	%)		33.68	%

Net Assets, End of Period (thousands)	$	24,360		$	44,133		$	16,867		$	26,540		$	36,351		$	45,177		$	786,069		$	867,759		$	537,744		$	657,105		$	645,651		$	592,347
Ratio of Expenses to Average Net Assets (F)		0.57	%(C)		0.59	%		0.59	%		0.59	%		0.58	%		0.59	%		0.43	%(C)		0.47	%		0.54	%		0.56	%		0.54	%		0.56	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.70	%(C)		0.74	%		0.86	%		0.82	%		0.68	%		0.71	%		0.53	%(C)		0.57	%		0.64	%		0.66	%		0.64	%		0.66	%
Ratio of Net Investment Income to Average Net Assets		3.40	%(C)		1.88	%		1.89	%		2.92	%		2.75	%		2.93	%		1.78	%(C)		1.76	%		1.68	%		2.30	%		2.16	%		1.78	%

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

See accompanying Notes to Financial Statements.

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
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	5.04		$	3.77		$	5.61$			4.85		$	5.07$			5.23		$	13.29		$	9.57		$	12.71		$	10.71		$	10.90		$	10.84

Income from Investment Operations (A)
Net Investment Income (Loss)		0.08			0.16			0.15			0.20			0.22			0.21			0.45			0.16			0.68			0.34	**		0.48			0.43
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.45	)		1.11			(1.35	)		0.83			(0.22	)		0.04			(0.90	)		3.80			(3.00	)		2.16	**		(0.26	)		0.15

Total from Investment Operations		(0.37	)		1.27			(1.20	)		1.03			—			0.25			(0.45	)		3.96			(2.32	)		2.50			0.22			0.58

Less Distributions:
Net Investment Income		(0.37	)		—			(0.64	)		(0.27	)		(0.22	)		(0.41	)		(0.48	)		(0.20	)		(0.70	)		(0.50	)		(0.34	)		(0.49	)
Net Realized Gains		—			—			—			—			—			—			(0.12	)		(0.04	)		(0.12	)		(—	)		(0.07	)		(0.03	)

Total Distributions		(0.37	)		—			(0.64	)		(0.27	)		(0.22	)		(0.41	)		(0.60	)		(0.24	)		(0.82	)		(0.50	)		(0.41	)		(0.52	)

Net Asset Value, End of Period	$	4.30		$	5.04		$	3.77$			5.61		$	4.85$			5.07		$	12.24		$	13.29		$	9.57		$	12.71		$	10.71		$	10.90

Total Return		(7.76	%)(B)		33.69	%		(23.98	%)		22.54	%		(0.24	%)		5.46	%		(3.60	%)(B)		42.08	%		(19.28	%)		24.55	%		1.91	%		5.82	%

Net Assets, End of Period (thousands)	$	5,613,204		$	5,987,464		$	4,646,848		$	6,297,963		$	5,442,507$			5,497,753		$	9,965,406		$	10,537,586		$	7,225,825		$	9,269,011		$	7,475,924		$	6,753,782
Ratio of Expenses to Average Net Assets *		0.27	%(C)		0.27	%		0.26	%		0.27	%		0.28	%		0.28	%		0.24	%(C)(D)		0.24	%(D)		0.24	%(D)		0.24	%(D)		0.24	%(D)		0.24	%(D)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) *		0.27	%(C)		0.27	%		0.27	%		0.28	%		0.28	%		0.28	%		0.33	%(C)(D)		0.34	%(D)		0.34	%(D)		0.35	%(D)		0.35	%(D)		0.37	%(D)
Ratio of Net Investment Income to Average Net Assets		3.35	%(C)		3.29	%		3.61	%		4.01	%		4.27	%		4.19	%		7.07	%(C)		1.33	%		6.44	%		2.95	%**		4.42	%		4.03	%
Portfolio Turnover Rate		3	%(B)		8	%		12	%		8	%		5	%		1	%		1	%(B)		1	%		0	%		0	%		3	%		2	%

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		N/A			N/A			N/A			N/A			N/A			N/A			0.10	%(C)		0.11	%		0.12	%		0.13	%		0.13	%		0.15	%

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

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Small Cap Value Portfolio																		International Vector Equity Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	22.14		$	15.65		$	18.58		$	19.24		$	23.51		$	19.31		$	14.51		$	10.42		$	11.62		$	11.74		$	13.33		$	10.78

Income from Investment Operations (A)
Net Investment Income (Loss)		0.30			0.44			0.33			0.45			0.47			0.39			0.19			0.32			0.23			0.33			0.32			0.28
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.02	)		6.48			(2.65	)		(0.01	)		(3.44	)		4.72			(1.70	)		4.06			(1.20	)		0.24			(1.56	)		2.57

Total from Investment Operations		(1.72	)		6.92			(2.32	)		0.44			(2.97	)		5.11			(1.51	)		4.38			(0.97	)		0.57			(1.24	)		2.85

Less Distributions:
Net Investment Income		(0.47	)		(0.43	)		(0.32	)		(0.48	)		(0.56	)		(0.29	)		(0.23	)		(0.29	)		(0.23	)		(0.34	)		(0.30	)		(0.28	)
Net Realized Gains		(0.16	)		—			(0.29	)		(0.62	)		(0.74	)		(0.62	)		(0.27	)		—			—			(0.35	)		(0.05	)		(0.02	)

Total Distributions		(0.63	)		(0.43	)		(0.61	)		(1.10	)		(1.30	)		(0.91	)		(0.50	)		(0.29	)		(0.23	)		(0.69	)		(0.35	)		(0.30	)

Net Asset Value, End of Period	$	19.79		$	22.14		$	15.65		$	18.58		$	19.24		$	23.51		$	12.50		$	14.51		$	10.42		$	11.62		$	11.74		$	13.33

Total Return		(7.85	%)(B)		44.61	%		(13.03	%)		2.94	%		(13.37	%)		27.49	%		(10.68	%)(B)		42.24	%		(8.41	%)		5.49	%		(9.52	%)		26.83	%

Net Assets, End of Period (thousands)	$	11,583,103		$	12,784,711		$	9,887,928		$	13,428,084		$	13,787,695		$	16,162,471		$	3,342,908		$	3,716,790		$	2,722,859		$	2,578,134		$	2,441,217		$	2,529,852
Ratio of Expenses to Average Net Assets		0.47	%(C)		0.53	%		0.65	%		0.68	%		0.68	%		0.68	%		0.37	%(C)		0.42	%		0.47	%		0.50	%		0.48	%		0.49	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.47	%(C)		0.53	%		0.66	%		0.69	%		0.68	%		0.68	%		0.37	%(C)		0.42	%		0.48	%		0.50	%		0.48	%		0.49	%
Ratio of Net Investment Income to Average Net Assets		2.83	%(C)		2.13	%		2.02	%		2.48	%		2.10	%		1.85	%		2.82	%(C)		2.35	%		2.20	%		2.94	%		2.40	%		2.36	%
Portfolio Turnover Rate		12	%(B)		15	%		14	%		18	%		23	%		21	%		10	%(B)		15	%		18	%		17	%		12	%		5	%

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

See accompanying Notes to Financial Statements.

100

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	International High Relative Profitability Portfolio																		World Ex U.S. Value Portfolio
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Year Ended Oct 31, 2019			Year Ended Oct 31, 2018			Period May 16, 2017 to Oct 31, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	13.73		$	10.64		$	10.74		$	9.71		$	10.68		$	10.00		$	12.67		$	8.99		$	10.97		$	11.16		$	12.71		$	10.31

Income from Investment Operations (A)
Net Investment Income (Loss)		0.18			0.30			0.21			0.27			0.26			0.08			0.20			0.38			0.25			0.35			0.34			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.84	)		3.08			(0.13	)		1.00			(1.01	)		0.66			(0.77	)		3.66			(1.96	)		0.04			(1.48	)		2.33

Total from Investment Operations		(1.66	)		3.38			0.08			1.27			(0.75	)		0.74			(0.57	)		4.04			(1.71	)		0.39			(1.14	)		2.64

Less Distributions:
Net Investment Income		(0.11	)		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.06	)		(0.23	)		(0.36	)		(0.27	)		(0.35	)		(0.41	)		(0.24	)
Net Realized Gains		(0.11	)		—			—			—			—			—			—			—			—			(0.23	)		—			—

Total Distributions		(0.22	)		(0.29	)		(0.18	)		(0.24	)		(0.22	)		(0.06	)		(0.23	)		(0.36	)		(0.27	)		(0.58	)		(0.41	)		(0.24	)

Net Asset Value, End of Period	$	11.85		$	13.73		$	10.64		$	10.74		$	9.71		$	10.68		$	11.87		$	12.67		$	8.99		$	10.97		$	11.16		$	12.71

Total Return		(12.26	%)(B)		31.85	%		0.80	%		13.19	%		(7.20	%)		7.38	%(B)		(4.53	%)(B)		45.23	%		(15.76	%)		3.75	%		(9.22	%)		25.97	%

Net Assets, End of Period (thousands)	$	2,040,152		$	2,183,724		$	1,475,345		$	658,448		$	266,868		$	67,793		$	200,929		$	308,666		$	206,915		$	302,369		$	240,668		$	246,551
Ratio of Expenses to Average Net Assets *		0.29	%(C)		0.30	%		0.30	%		0.33	%		0.35	%		0.31	%(C)(E)		0.42	%(C)(D)		0.44	%(D)		0.50	%(D)		0.54	%(D)		0.52	%(D)		0.52	%(D)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) *		0.29	%(C)		0.30	%		0.31	%		0.34	%		0.35	%		0.65	%(C)(E)		0.61	%(C)(D)		0.64	%(D)		0.71	%(D)		0.76	%(D)		0.74	%(D)		0.75	%(D)
Ratio of Net Investment Income to Average Net Assets		2.72	%(C)		2.30	%		1.97	%		2.69	%		2.41	%		1.76	%(C)(E)		3.25	%(C)		3.14	%		2.56	%		3.25	%		2.72	%		2.69	%
Portfolio Turnover Rate		8	%(B)		15	%		15	%		9	%		9	%		2	%(B)		N/A			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			N/A			0.19	%(C)		0.20	%		0.23	%		0.24	%		0.24	%		0.25	%

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

See accompanying Notes to Financial Statements.

101

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	World Ex U.S. Core Equity Portfolio
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	13.84		$	10.44		$	11.17		$	10.65		$	12.15		$	9.93

Income from Investment Operations (A)
Net Investment Income (Loss)		0.17			0.33			0.24			0.33			0.31			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.50	)		3.40			(0.74	)		0.56			(1.52	)		2.21

Total from Investment Operations		(1.33	)		3.73			(0.50	)		0.89			(1.21	)		2.48

Less Distributions:
Net Investment Income		(0.16	)		(0.33	)		(0.23	)		(0.32	)		(0.29	)		(0.26	)
Net Realized Gains		—			—			—			(0.05	)		—			—

Total Distributions		(0.16	)		(0.33	)		(0.23	)		(0.37	)		(0.29	)		(0.26	)

Net Asset Value, End of Period	$	12.35		$	13.84		$	10.44		$	11.17		$	10.65		$	12.15

Total Return		(9.72	%)(B)		35.87	%		(4.42	%)		8.64	%		(10.22	%)		25.33	%

Net Assets, End of Period (thousands)	$	3,647,023		$	4,089,166		$	3,210,237		$	3,719,313		$	3,129,791		$	2,805,367
Ratio of Expenses to Average Net Assets		0.30	%(C)		0.32	%		0.35	%		0.37	%		0.39	%		0.40	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.30	%(C)		0.32	%		0.36	%		0.38	%		0.37	%		0.40	%
Ratio of Net Investment Income to Average Net Assets		2.58	%(C)		2.49	%		2.26	%		3.02	%		2.56	%		2.48	%
Portfolio Turnover Rate		6	%(B)		6	%		13	%		8	%		4	%		4	%


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

See accompanying Notes to Financial Statements.

102

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	World Core Equity Portfolio																		Selectively Hedged Global Equity Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period.	$	22.56		$	16.29		$	16.42		$	15.40		$	16.06		$	13.14		$	22.35		$	16.21		$	16.54		$	15.71		$	16.52		$	13.67

Income from Investment Operations (A)
Net Investment Income (Loss)		0.18			0.34			0.29			0.35			0.31			0.29			0.17			0.33			0.28			0.35			0.31			0.29
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.28	)	��	6.27			(0.10	)		1.13			(0.64	)		2.98			(1.75	)		6.21			(0.18	)		1.12			(0.66	)		2.98

Total from Investment Operations		(2.10	)		6.61			0.19			1.48			(0.33	)		3.27			(1.58	)		6.54			0.10			1.47			(0.35	)		3.27

Less Distributions:
Net Investment Income		(0.18	)		(0.34	)		(0.29	)		(0.35	)		(0.30	)		(0.30	)		(0.44	)		(0.20	)		(0.43	)		(0.44	)		(0.27	)		(0.30	)
Net Realized Gains		(0.17	)		—			(0.03	)		(0.11	)		(0.03	)		(0.05	)		(0.97	)		(0.20	)		—			(0.20	)		(0.19	)		(0.12	)

Total Distributions		(0.35	)		(0.34	)		(0.32	)		(0.46	)		(0.33	)		(0.35	)		(1.41	)		(0.40	)		(0.43	)		(0.64	)		(0.46	)		(0.42	)

Net Asset Value, End of Period	$	20.11		$	22.56		$	16.29		$	16.42		$	15.40		$	16.06		$	19.36		$	22.35		$	16.21		$	16.54		$	15.71		$	16.52

Total Return		(9.46	%)(B)		40.75	%		1.25	%		9.94	%		(2.16	%)		25.14	%		(7.59	%)(B)		40.81	%		0.47	%		10.10	%		(2.28	%)		24.54	%

Net Assets, End of Period (thousands)	$	993,874		$	1,088,714		$	769,602		$	879,553		$	741,512		$	546,891		$	298,149		$	348,707		$	288,509		$	375,832		$	403,195		$	402,204
Ratio of Expenses to Average Net Assets *(D)		0.27	%(C)		0.28	%		0.32	%		0.33	%		0.35	%		0.35	%		0.31	%(C)		0.32	%		0.36	%		0.37	%		0.34	%		0.35	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) *(D)		0.44	%(C)		0.46	%		0.56	%		0.60	%		0.59	%		0.60	%		0.51	%(C)		0.53	%		0.61	%		0.63	%		0.60	%		0.62	%
Ratio of Net Investment Income to Average Net Assets		1.62	%(C)		1.64	%		1.81	%		2.23	%		1.89	%		1.95	%		1.62	%(C)		1.60	%		1.78	%		2.25	%		1.87	%		1.90	%

* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio’s investment in Underlying Funds as follows:		0.20	%(C)		0.22	%		0.25	%		0.27	%		0.27	%		0.28	%		0.23	%(C)		0.25	%		0.28	%		0.30	%		0.29	%		0.29	%

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

See accompanying Notes to Financial Statements.

103

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Portfolio																		Emerging Markets Small Cap Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 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, 2017
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	33.05		$	27.64		$	27.56		$	25.46		$	29.55$			24.12		$	26.03		$	19.67		$	20.07		$	18.72		$	23.49		$	20.39

Income from Investment Operations (A)
Net Investment Income (Loss)		0.31			0.74			0.55			0.73			0.61			0.49			0.17			0.52			0.41			0.48			0.53			0.49
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.31	)		5.32			0.07			2.05			(4.14	)		5.43			(2.24	)		6.41			(0.24	)		1.87			(4.22	)		3.58

Total from Investment Operations		(3.00	)		6.06			0.62			2.78			(3.53	)		5.92			(2.07	)		6.93			0.17			2.35			(3.69	)		4.07

Less Distributions:
Net Investment Income		(0.22	)		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(0.49	)		(0.66	)		(0.57	)		(0.44	)		(0.46	)		(0.53	)		(0.51	)
Net Realized Gains		(1.17	)		—			—			—			—			—			(0.70	)		—			(0.13	)		(0.54	)		(0.55	)		(0.46	)

Total Distributions		(1.39	)		(0.65	)		(0.54	)		(0.68	)		(0.56	)		(0.49	)		(1.36	)		(0.57	)		(0.57	)		(1.00	)		(1.08	)		(0.97	)

Net Asset Value, End of Period	$	28.66		$	33.05		$	27.64		$	27.56		$	25.46$			29.55		$	22.60		$	26.03		$	19.67		$	20.07		$	18.72		$	23.49

Total Return		(9.41	%)(B)		21.91	%		2.36	%		11.06	%		(12.14	%)		24.83	%		(8.31	%)(B)		35.51	%		0.81	%		12.96	%		(16.45	%)		21.00	%

Net Assets, End of Period (thousands)	$	4,964,987		$	6,225,187		$	5,652,358		$	5,968,318		$	5,394,188$			6,632,914		$	4,398,499		$	5,115,924		$	4,879,733		$	6,423,859		$	6,304,406		$	7,249,717
Ratio of Expenses to Average Net Assets (F)		0.36	%(C)		0.39	%		0.44	%		0.48	%		0.47	%		0.50	%		0.60	%(C)		0.63	%		0.69	%		0.72	%		0.70	%		0.73	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.46	%(C)		0.49	%		0.54	%		0.58	%		0.57	%		0.60	%		0.80	%(C)		0.83	%		0.89	%		0.92	%		0.90	%		0.93	%
Ratio of Net Investment Income to Average Net Assets		1.97	%(C)		2.19	%		2.07	%		2.70	%		2.08	%		1.88	%		1.43	%(C)		2.10	%		2.20	%		2.44	%		2.31	%		2.32	%

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

See accompanying Notes to Financial Statements.

104

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Value Portfolio-Class R2 Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	31.28		$	23.78		$	27.16		$	26.64		$	30.13		$	24.71

Income from Investment Operations (A)
Net Investment Income (Loss)		0.32			0.82			0.59			0.63			0.63			0.31
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.52	)		7.45			(3.27	)		0.56			(3.48	)		5.60

Total from Investment Operations		(1.20	)		8.27			(2.68	)		1.19			(2.85	)		5.91

Less Distributions:
Net Investment Income		(0.59	)		(0.77	)		(0.70	)		(0.67	)		(0.64	)		(0.49	)

Total Distributions		(0.59	)		(0.77	)		(0.70	)		(0.67	)		(0.64	)		(0.49	)

Net Asset Value, End of Period	$	29.48		$	31.28		$	23.78		$	27.16		$	26.64		$	30.13

Total Return.		(3.92	%)(B)		34.91	%		(9.98	%)		4.57	%		(9.66	%)		24.11	%

Net Assets, End of Period (thousands)	$	14,307		$	13,709		$	12,587		$	29,146		$	25,150		$	31,198
Ratio of Expenses to Average Net Assets (F)		0.71	%(C)		0.74	%		0.77	%		0.81	%		0.80	%		0.81	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.81	%(C)		0.84	%		0.87	%		0.91	%		0.90	%		0.91	%
Ratio of Net Investment Income to Average Net Assets		2.09	%(C)		2.68	%		2.41	%		2.29	%		2.07	%		1.19	%

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

See accompanying Notes to Financial Statements.

105

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Value Portfolio-Institutional Class Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	31.48		$	23.93		$	27.34		$	26.81		$	30.32		$	24.84

Income from Investment Operations (A)
Net Investment Income (Loss)		0.36			0.90			0.71			0.70			0.73			0.61
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.53	)		7.50			(3.35	)		0.57			(3.53	)		5.40

Total from Investment Operations		(1.17	)		8.40			(2.64	)		1.27			(2.80	)		6.01

Less Distributions:
Net Investment Income		(0.63	)		(0.85	)		(0.77	)		(0.74	)		(0.71	)		(0.53	)

Total Distributions		(0.63	)		(0.85	)		(0.77	)		(0.74	)		(0.71	)		(0.53	)

Net Asset Value, End of Period	$	29.68		$	31.48		$	23.93		$	27.34		$	26.81		$	30.32

Total Return		(3.77	%)(B)		35.24	%		(9.75	%)		4.83	%		(9.45	%)		24.41	%

Net Assets, End of Period (thousands)	$	11,928,375		$	13,258,001		$	12,596,902		$	17,161,936		$	16,431,410		$	19,383,230
Ratio of Expenses to Average Net Assets (F)		0.46	%(C)		0.49	%		0.52	%		0.56	%		0.54	%		0.57	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.56	%(C)		0.59	%		0.62	%		0.66	%		0.64	%		0.67	%
Ratio of Net Investment Income to Average Net Assets		2.31	%(C)		2.92	%		2.87	%		2.54	%		2.37	%		2.23	%

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

See accompanying Notes to Financial Statements.

106

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	Emerging Markets Core Equity Portfolio																		Emerging Markets Targeted Value Portfolio
	Six Months Ended Apr 30, 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, 2017			Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021			Year Ended Oct 31, 2020			Period Nov 14, 2018 to Oct 31, 2019
	(Unaudited)																		(Unaudited)
Net Asset Value, Beginning of Period	$	25.16		$	20.34		$	20.59$			18.95		$	22.38$			18.40		$	13.13		$	9.71		$	10.43		$	10.00

Income from Investment Operations (A)
Net Investment Income (Loss)		0.25			0.57			0.43			0.53			0.50			0.42			0.10			0.28			0.21			0.24
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.46	)		4.76			(0.22	)		1.64			(3.47	)		3.95			(0.84	)		3.39			(0.59	)		0.20

Total from Investment Operations		(2.21	)		5.33			0.21			2.17			(2.97	)		4.37			(0.74	)		3.67			(0.38	)		0.44

Less Distributions:
Net Investment Income		(0.24	)		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.39	)		(0.42	)		(0.23	)		(0.23	)		(0.01	)
Net Realized Gains		—			—			—			—			—			—			(0.87	)		(0.02	)		(0.11	)		—

Total Distributions		(0.24	)		(0.51	)		(0.46	)		(0.53	)		(0.46	)		(0.39	)		(1.29	)		(0.25	)		(0.34	)		(0.01	)

Net Asset Value, End of Period	$	22.71		$	25.16		$	20.34$			20.59		$	18.95$			22.38		$	11.10		$	13.13		$	9.71		$	10.43

Total Return		(8.86	%)(B)		26.19	%		1.13	%		11.61	%		(13.48	%)		24.02	%		(6.09	%)(B)		38.29	%		(3.89	%)		4.38	%(B)

Net Assets, End of Period (thousands)	$	26,848,361		$	29,155,369		$	24,780,700		$	28,622,610		$	25,372,759		$	27,085,722		$	210,128		$	234,921		$	170,163		$	114,360
Ratio of Expenses to Average Net Assets		0.39	%(C)		0.42	%		0.49	%		0.52	%		0.52	%		0.55	%		0.65	%(C)		0.72	%		0.84	%		0.85	%(C)(E)
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly)		0.39	%(C)		0.42	%		0.50	%		0.53	%		0.52	%		0.56	%		0.65	%(C)		0.72	%		0.87	%		0.95	%(C)(E)
Ratio of Net Investment Income to Average Net Assets		2.01	%(C)		2.26	%		2.19	%		2.62	%		2.25	%		2.08	%		1.62	%(C)		2.19	%		2.26	%		2.30	%(C)(E)
Portfolio Turnover Rate		5	%(B)		10	%		15	%		4	%		4	%		4	%		12	%(B)		29	%		34	%		12	%(B)

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

See accompanying Notes to Financial Statements.

107

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 to Apr 30, 2022
	(Unaudited)
Net Asset Value, Beginning of Period	$	10.00

Income from Investment Operations (A)
Net Investment Income (Loss)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.75	)

Total from Investment Operations		(0.64	)

Less Distributions:
Net Investment Income		(0.06	)

Total Distributions		(0.06	)

Net Asset Value, End of Period	$	9.30

Total Return		(6.40	%)(B)

Net Assets, End of Period (thousands)	$	361,939
Ratio of Expenses to Average Net Assets		0.43	%(C)
Ratio of Net Investment Income to Average Net Assets		2.44	%(C)
Portfolio Turnover Rate		17	%(B)

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

See accompanying Notes to Financial Statements.

108

DFA INVESTMENT DIMENSIONS GROUP INC.

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

DFA Investment Dimensions Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios, of which twenty-three (the “Portfolios”) are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

Of the Portfolios, seven invest all of their assets in a corresponding series or fund (each such Portfolio, a “Feeder Fund”). Of the Feeder Funds, six invest all of their assets in a corresponding series of The DFA Investment Trust Company (“DFAITC”) and one invests all of its assets in the Dimensional Emerging Markets Value Fund (“DEM”) (each such series within DFAITC and DEM, a “Master Fund”, treated as partnerships for federal income tax purposes). Six of the Portfolios generally allocate their assets among other funds managed by Dimensional Fund Advisors LP (each such Portfolio, a “Fund of Funds”). The Fund of Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The International Small Company Portfolio invests in five Master Funds within DFAITC. The Global Small Company Portfolio invests in six Master Funds within DFAITC and one underlying fund within the Fund (each such underlying fund within the Fund, an “Underlying Fund”). The DFA Global Real Estate Securities Portfolio invests in two Underlying Funds within the Fund and directly in securities. The World ex U.S. Value Portfolio invests in three Master/Underlying Funds within the Fund, DFAITC, and DEM. The World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio each invest in three Underlying Funds within the Fund. As of April 30, 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 04/30/22

Japanese Small Company Portfolio	The Japanese Small Company Series		11	%

Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series		21	%

United Kingdom Small Company Portfolio	The United Kingdom Small Company Series		2	%

Continental Small Company Portfolio	The Continental Small Company Series		15	%

Emerging Markets Portfolio	The Emerging Markets Series		99	%

Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series		99	%

Emerging Markets Value Portfolio	Dimensional Emerging Markets Value Fund		98	%


Funds of Funds	Underlying Funds	Percentage Ownership at 04/30/22

International Small Company Portfolio	The Continental Small Company Series		85	%

	The Japanese Small Company Series		89	%

	The United Kingdom Small Company Series		98	%

	The Asia Pacific Small Company Series		79	%

	The Canadian Small Company Series		97	%

Global Small Company Portfolio	U.S. Small Cap Portfolio		—

	The Continental Small Company Series		—

	The Japanese Small Company Series		—

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Funds of Funds	Underlying Funds	Percentage Ownership at 04/30/22

	The Asia Pacific Small Company Series		—

	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		5	%

	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:

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.)

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•

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

Securities held by Large Cap International Portfolio, International Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, World ex U.S. Core Equity Portfolio, Emerging Markets Core Equity Portfolio, International High Relative Profitability Portfolio, 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 procedures adopted by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the International Equity Portfolios’ shares (at the close of the NYSE), the International Equity Portfolios will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the International Equity Portfolios’ foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors of the Fund has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors of the Fund. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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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.

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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).

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 Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Value Portfolio, World ex U.S. Core 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:


Large Cap International Portfolio	0.14	%
International Core Equity Portfolio	0.20	%
Global Small Company Portfolio	0.38	%*
International Small Company Portfolio	0.28	%*
Japanese Small Company Portfolio	0.38	%*
Asia Pacific Small Company Portfolio	0.38	%*
United Kingdom Small Company Portfolio	0.39	%*
Continental Small Company Portfolio	0.38	%*
DFA International Real Estate Securities Portfolio	0.24	%
DFA Global Real Estate Securities Portfolio	0.20	%

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DFA International Small Cap Value Portfolio	0.43	%*
International Vector Equity Portfolio	0.33	%*
International High Relative Profitability Portfolio	0.25	%
World ex U.S. Value Portfolio	0.36	%*
World ex U.S. Core Equity Portfolio	0.25	%
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	0.40	%*
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:


	Management Fee Prior to February 28, 2022			Management Fee Effective February 28, 2022
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	%
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 six months ended April 30, 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 six months ended April 30, 2022, and the previously waived fees/expenses assumed subject to future recovery by the Advisor as of April 30, 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 Advisor more than thirty-six months before the date of recovery. With respect to the World ex U.S. Value Portfolio,

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World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio, the Advisor shall also not be reimbursed for any management fees previously waived to offset a Portfolio’s proportionate share of the management fees paid by such Portfolio through its investment in other funds managed by the Advisor.


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
Large Cap International Portfolio (1)		0.24	%		—			—		—		—
International Core Equity Portfolio (1)		0.30	%		—			—		—		—
Global Small Company Portfolio (2)		0.42	%		—		$	1	$	111	$	573
International Small Company Portfolio (3)		0.45	%		—			—		—		—
Japanese Small Company Portfolio (4)		0.42	%		0.35	%		—		174		—
Asia Pacific Small Company Portfolio (4)		0.42	%		0.35	%		—		178		—
United Kingdom Small Company Portfolio (4)		0.42	%		0.35	%		13		17		29
Continental Small Company Portfolio (4)		0.42	%		0.35	%		—		424		—
DFA International Real Estate Securities Portfolio (1)		0.29	%		—			—		—		—
DFA Global Real Estate Securities Portfolio (5)		0.24	%		—			68		4,541		26,640
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	%		—		262		—
World ex U.S. Core Equity Portfolio (7)		0.39	%		—			—		—		—
World Core Equity Portfolio (8)		0.27	%		0.22	%		21		931		600
Selectively Hedged Global Equity Portfolio (9)		0.40	%		0.24	%		—		327		—
Emerging Markets Portfolio (10)		0.49	%		0.29	%		—		2,875		—
Emerging Markets Small Cap Portfolio (11)		—			0.52	%		—		4,861		—
Emerging Markets Value Portfolio (11)		—			0.38	%		—		6,316		—
Emerging Markets Core Equity Portfolio (1)		0.54	%		—			—		—		—
Emerging Markets Targeted Value Portfolio (2)		0.85	%		—			—		—		—
Emerging Markets ex China Core Equity Portfolio (2)		0.43	%		—			—		—		—

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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
Class R2 Shares
Emerging Markets Value Portfolio (12)		0.96	%		0.38	%		—	$	7		—

(1)

The Advisor has contractually agreed to waive all or a portion of its management fee and assume each Portfolio’s ordinary operating expenses (excluding the expenses a Portfolio incurs indirectly through investment in other investment companies) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis (the “Expense Limitation Amount”). The Fee Waiver Agreement for the Large Cap International Portfolio became effective on January 1, 2017. In addition, prior to January 1, 2017, the Advisor had contractually agreed to waive all or a portion of its management fee and assume each of the International Core Equity Portfolio’s and Emerging Markets Core Equity Portfolio’s Portfolio Expenses to the extent necessary to limit the Portfolio Expenses of each such Portfolio to 0.49% and 0.85%, respectively, as a percentage of average net assets on an annualized basis.

(2)

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

(8)

Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.22% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (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

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was 0.27%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of a class of the Portfolio so that such Portfolio Expenses do not exceed the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”). From February 28, 2019 to February 27, 2021, the Expense Limitation Amount was 0.32% of the average net assets of such class of the Portfolio on an annualized basis. From June 27, 2014 to February 27, 2019, the Expense Limitation Amount was 0.35% of the average net assets of such class of the Portfolio on an annualized basis.

(9)

Effective February 28, 2021, the Advisor has contractually agreed to waive up to the full amount of the Portfolio’s management fee of 0.24% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Money Market Series (the “Total Management Fee Limit”). From February 28, 2020 to February 27, 2021, the Total Management Fee Limit was 0.28%. Prior to February 28, 2020, the Total Management Fee Limit was 0.30%. In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Money Market Series) (“Portfolio Expenses”) of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(10)

Effective February 28, 2021, the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Money Market Series, to 0.29% of the average net assets of a class of the Portfolio on an annualized basis (the “Permanent Fee Waiver”). From February 28, 2020 to February 27, 2021, the Permanent Fee Waiver Limit was 0.37%. From July 21, 2015 to February 27, 2020, the Permanent Fee Waiver Limit was 0.42%. Effective January 1, 2017, in addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) (“Portfolio Expenses”) to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the “Expense Limitation Amount”).

(11)

Effective February 28, 2021 (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.

(12)

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”).

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 six months ended April 30, 2022, expenses reduced were as follows (amounts in thousands):


	Fees Paid Indirectly
Large Cap International Portfolio	$	1
International Core Equity Portfolio		(19	)
DFA International Real Estate Securities Portfolio		(1	)
DFA Global Real Estate Securities Portfolio		2
DFA International Small Cap Value Portfolio		(4	)
World ex U.S. Core Equity Portfolio		1
Emerging Markets Core Equity Portfolio		(3	)

117

Fees Paid to Officers and Directors/Trustees:

D. Deferred Compensation:


Large Cap International Portfolio	$	52
International Core Equity Portfolio		167
Global Small Company Portfolio		(—	)
International Small Company Portfolio		159
Japanese Small Company Portfolio		8
Asia Pacific Small Company Portfolio		5
United Kingdom Small Company Portfolio		1
Continental Small Company Portfolio		3
DFA International Real Estate Securities Portfolio		39
DFA Global Real Estate Securities Portfolio		28
DFA International Small Cap Value Portfolio		227
International Vector Equity Portfolio		17
International High Relative Profitability Portfolio		(4	)
World ex U.S. Value Portfolio		1
World ex U.S. Core Equity Portfolio		8
World Core Equity Portfolio		1
Selectively Hedged Global Equity Portfolio		2
Emerging Markets Portfolio		80
Emerging Markets Small Cap Portfolio		71
Emerging Markets Value Portfolio		317
Emerging Markets Core Equity Portfolio		204
Emerging Markets Targeted Value Portfolio		(—	)
Emerging Markets ex China Core Equity Portfolio		(2	)

E. Purchases and Sales of Securities:


	Purchases		Sales
Large Cap International Portfolio	$	326,230	$	222,424
International Core Equity Portfolio	$	2,392,098	$	1,590,658
DFA International Real Estate Securities Portfolio	$	427,486	$	180,946
DFA Global Real Estate Securities Portfolio	$	208,524	$	42,652

118


	Purchases		Sales
DFA International Small Cap Value Portfolio	$	1,472,958	$	1,610,902
International Vector Equity Portfolio	$	391,618	$	335,516
International High Relative Profitability Portfolio	$	349,467	$	177,162
World ex U.S. Core Equity Portfolio	$	249,418	$	250,948
Emerging Markets Core Equity Portfolio	$	1,948,065	$	1,482,996
Emerging Markets Targeted Value Portfolio	$	25,189	$	34,690
Emerging Markets ex China Core Equity Portfolio	$	445,684	$	60,380

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

For the six months ended April 30, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.


	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
Large Cap International Portfolio
The DFA Short Term Investment Fund	$	301,125	$	1,036,360	$	878,443	$	(20	)	$	(10	)	$	459,012		39,683	$	238		—

Total	$	301,125	$	1,036,360	$	878,443	$	(20	)	$	(10	)	$	459,012		39,683	$	238		—

International Core Equity Portfolio
The DFA Short Term Investment Fund	$	1,595,008	$	4,085,128	$	3,303,544	$	(328	)	$	49		$	2,376,313		205,439	$	1,383		—

Total	$	1,595,008	$	4,085,128	$	3,303,544	$	(328	)	$	49		$	2,376,313		205,439	$	1,383		—

Global Small Company Portfolio
U.S. Small Cap Portfolio	$	58,397	$	7,198	$	3,876	$	(247	)	$	(9,329	)	$	52,143		1,276	$	267	$	3,071

Total	$	58,397	$	7,198	$	3,876	$	(247	)	$	(9,329	)	$	52,143		1,276	$	267	$	3,071

DFA International Real Estate Securities Portfolio
The DFA Short Term Investment Fund	$	310,546	$	1,491,345	$	1,479,770	$	(109	)	$	(40	)	$	321,972		27,835	$	143		—

Total	$	310,546	$	1,491,345	$	1,479,770	$	(109	)	$	(40	)	$	321,972		27,835	$	143		—

119


	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
DFA Global Real Estate Securities Portfolio
DFA International Real Estate Securities Portfolio	$	3,666,704	$	438,982	$	86,593	$	(14,482	)	$	(551,409	)	$	3,453,202		803,070	$	275,009		—
DFA Real Estate Securities Portfolio		839,611		—		281,193		176,743			(195,512	)		539,649		11,467		10,870	$	8,517
The DFA Short Term Investment Fund		217,045		840,164		973,275		60			(7	)		83,987		7,261		126		—

Total	$	4,723,360	$	1,279,146	$	1,341,061	$	162,321		$	(746,928	)	$	4,076,838		821,798	$	286,005	$	8,517

DFA International Small Cap Value Portfolio
The DFA Short Term Investment Fund	$	383,591	$	835,373	$	700,319	$	(39	)	$	19		$	518,625		44,837	$	323		—

Total	$	383,591	$	835,373	$	700,319	$	(39	)	$	19		$	518,625		44,837	$	323		—

International Vector Equity Portfolio
The DFA Short Term Investment Fund	$	142,988	$	442,041	$	341,562	$	(27	)	$	11		$	243,451		21,047	$	146		—

Total	$	142,988	$	442,041	$	341,562	$	(27	)	$	11		$	243,451		21,047	$	146		—

International High Relative Profitability Portfolio
The DFA Short Term Investment Fund	$	96,296	$	464,261	$	420,213	$	(9	)	$	(4	)	$	140,331		12,132		—		—

Total	$	96,296	$	464,261	$	420,213	$	(9	)	$	(4	)	$	140,331		12,132		—		—

World ex U.S. Value Portfolio
DFA International Small Cap Value Portfolio	$	27,414	$	1,250	$	9,244	$	677		$	(3,450	)	$	16,647		841	$	565	$	194

Total	$	27,414	$	1,250	$	9,244	$	677		$	(3,450	)	$	16,647		841	$	565	$	194

World ex U.S. Core Equity Portfolio
The DFA Short Term Investment Fund	$	144,554	$	406,507	$	351,194	$	(30	)		—		$	199,837		17,276	$	121		—

Total	$	144,554	$	406,507	$	351,194	$	(30	)		—		$	199,837		17,276	$	121		—

World Core Equity Portfolio
U.S. Core Equity 1 Portfolio	$	643,173	$	94,515	$	73,123	$	(1,421	)	$	(74,331	)	$	588,813		18,366	$	3,604	$	16,695
International Core Equity Portfolio		315,518		42,050		32,664		(553	)		(38,462	)		285,889		19,923		4,258		—
Emerging Markets Core Equity Portfolio		131,060		15,940		15,588		(404	)		(12,358	)		118,650		5,225		1,259		—

Total	$	1,089,751	$	152,505	$	121,375	$	(2,378	)	$	(125,151	)	$	993,352		43,514	$	9,121	$	16,695

120


	Balance at October 31, 2021		Purchases at Cost		Proceeds from Sales		Net Realized Gain/(Loss) on Sales			Change in Unrealized Appreciation/ Depreciation			Balance at April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
Selectively Hedged Global Equity Portfolio
U.S. Core Equity 2 Portfolio	$	187,179	$	12,723	$	15,555	$	313		$	(22,715	)	$	161,945		5,558	$	968	$	6,687
International Core Equity Portfolio		93,920		7,783		10,893		716			(11,878	)		79,648		5,550		1,237		—
Emerging Markets Core Equity Portfolio		62,856		6,062		9,559		460			(6,323	)		53,496		2,356		587		—

Total	$	343,955	$	26,568	$	36,007	$	1,489		$	(40,916	)	$	295,089		13,464	$	2,792	$	6,687

Emerging Markets Core Equity Portfolio
The DFA Short Term Investment Fund	$	524,680	$	1,195,903	$	1,271,246	$	(33	)	$	(42	)	$	449,262		38,840	$	386		—

Total	$	524,680	$	1,195,903	$	1,271,246	$	(33	)	$	(42	)	$	449,262		38,840	$	386		—

Emerging Markets Targeted Value Portfolio
The DFA Short Term Investment Fund	$	3,070	$	9,225	$	10,850	$	(1	)		—		$	1,444		125		—		—

Total	$	3,070	$	9,225	$	10,850	$	(1	)		—		$	1,444		125		—		—

Emerging Markets ex China Core Equity Portfolio
DFA Short Term Investment Fund		—	$	10,480	$	9,280		—			—		$	1,200		104	$	1		—

Total		—	$	10,480	$	9,280		—			—		$	1,200		104	$	1		—

F. Federal Income Taxes:

121

The tax character of dividends and distributions declared and paid during the years ended October 31, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
Large Cap International Portfolio
2020	$	119,035		—		—	$	119,035
2021		144,492		—		—		144,492
International Core Equity Portfolio
2020		616,813		—		—		616,813
2021		761,635		—		—		761,635
Global Small Company Portfolio
2020		627		—		—		627
2021		727		—		—		727
International Small Company Portfolio
2020		251,539	$	278,423		—		529,962
2021		220,133		—		—		220,133
Japanese Small Company Portfolio
2020		14,224		9,019		—		23,243
2021		10,581		—		—		10,581
Asia Pacific Small Company Portfolio
2020		14,178		—		—		14,178
2021		12,808		—		—		12,808
United Kingdom Small Company Portfolio
2020		969		1,478		—		2,447
2021		588		—		—		588
Continental Small Company Portfolio
2020		8,902		—		—		8,902
2021		13,462		—		—		13,462
DFA International Real Estate Securities Portfolio
2020		717,271		—		—		717,271
2021		—		—		—		—
DFA Global Real Estate Securities Portfolio
2020		509,001		90,019		—		599,020
2021		153,865		33,088		—		186,953
DFA International Small Cap Value Portfolio
2020		224,481		206,468		—		430,949
2021		258,254		—		—		258,254
International Vector Equity Portfolio
2020		57,641		—		—		57,641
2021		74,200		—		—		74,200
International High Relative Profitability Portfolio
2020		18,018		—		—		18,018
2021		43,180		—		—		43,180
World ex U.S. Value Portfolio
2020		6,579		—		—		6,579
2021		8,755		—		—		8,755

122


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
World ex U.S. Core Equity Portfolio
2020	$	75,535		—		—	$	75,535
2021		98,429		—		—		98,429
World Core Equity Portfolio
2020		14,888	$	1,549		—		16,437
2021		16,210		—		—		16,210
Selectively Hedged Global Equity Portfolio
2020		9,635		—		—		9,635
2021		3,648		3,286		—		6,934
Emerging Markets Portfolio
2020		118,156		—		—		118,156
2021		122,695		—		—		122,695
Emerging Markets Small Cap Portfolio
2020		129,179		41,749		—		170,928
2021		128,503		—		—		128,503
Emerging Markets Value Portfolio
2020		442,052		—		—		442,052
2021		382,292		—		—		382,292
Emerging Markets Core Equity Portfolio
2020		585,760		—		—		585,760
2021		590,306		—		—		590,306
Emerging Markets Targeted Value Portfolio
2020		3,854		21		—		3,875
2021		4,500		—		—		4,500

The Emerging Markets ex China Core Equity Portfolio commenced operations on November 15, 2021, and did not pay any distributions for the years ended October 31, 2020 and October 31, 2021.


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
Large Cap International Portfolio		$ (6,059	)		—		$	(6,059	)
International Core Equity Portfolio		(40,609	)		—			(40,609	)
Global Small Company Portfolio		(165	)	$	(59	)		(224	)
International Small Company Portfolio		(43,307	)		(45,638	)		(88,945	)
Japanese Small Company Portfolio		(1,060	)		(1,545	)		(2,605	)
Asia Pacific Small Company Portfolio		(1,655	)		(2,324	)		(3,979	)
United Kingdom Small Company Portfolio		(111	)		(88	)		(199	)
Continental Small Company Portfolio		(356	)		—			(356	)
DFA International Real Estate Securities Portfolio		(6,036	)		—			(6,036	)
DFA Global Real Estate Securities Portfolio		(8,798	)		—			(8,798	)

123


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains			Total
DFA International Small Cap Value Portfolio	$	(32,335	)		—		$	(32,335	)
International Vector Equity Portfolio		(8,670	)		—			(8,670	)
International High Relative Profitability Portfolio		(2,917	)		—			(2,917	)
World ex U.S. Value Portfolio		—			—			—
World ex U.S. Core Equity Portfolio		(4,928	)		—			(4,928	)
World Core Equity Portfolio		(300	)		$ (797)			(1,097	)
Selectively Hedged Global Equity Portfolio		(740	)		(1,080	)		(1,820	)
Emerging Markets Portfolio		(14,565	)		(31,396	)		(45,961	)
Emerging Markets Small Cap Portfolio		(23,056	)		(15,794	)		(38,850	)
Emerging Markets Value Portfolio		(51,755	)		—			(51,755	)
Emerging Markets Core Equity Portfolio		(47,544	)		—			(47,544	)
Emerging Markets Targeted Value Portfolio		(1,223	)		(2,056	)		(3,279	)

As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):


	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforwards			Unrealized Appreciation (Depreciation)		Total Net Distributable Earnings (Accumulated Losses)
Large Cap International Portfolio	$	40,692		—		$(384,020	)	$	2,009,082	$	1,665,754
International Core Equity Portfolio		306,366		—		(1,265,730	)		9,065,458		8,106,094
Global Small Company Portfolio		1,302	$	1,952		—			19,576		22,830
International Small Company Portfolio		306,340		367,879		—			2,939,662		3,613,881
Japanese Small Company Portfolio		8,625		9,423		—			71,540		89,588
Asia Pacific Small Company Portfolio		13,486		26,996		—			46,304		86,786
United Kingdom Small Company Portfolio		609		742		—			4,745		6,096
Continental Small Company Portfolio		10,051		13,197		—			230,638		253,886
DFA International Real Estate Securities Portfolio		448,351		—		(537,282	)		12,844		(76,087	)
DFA Global Real Estate Securities Portfolio		50,047		96,158		—			2,417,397		2,563,602
DFA International Small Cap Value Portfolio		284,171		38,835		—			2,128,251		2,451,257
International Vector Equity Portfolio		39,502		68,984		—			943,294		1,051,780
International High Relative Profitability Portfolio		10,940		10,953		—			489,184		511,077
World ex U.S. Value Portfolio		3,321		—		(9,885	)		45,894		39,330
World ex U.S. Core Equity Portfolio		23,587		—		(100,475	)		978,330		901,442
World Core Equity Portfolio		—		8,329		—			385,030		393,359
Selectively Hedged Global Equity Portfolio		5,390		13,787		—			148,706		167,883
Emerging Markets Portfolio		21,567		214,849		—			2,444,325		2,680,741
Emerging Markets Small Cap Portfolio		155,079		93,645		—			1,020,899		1,269,623
Emerging Markets Value Portfolio		181,485		—		(1,710,597	)		2,636,910		1,107,798
Emerging Markets Core Equity Portfolio		182,437		—		(2,148,189	)		8,909,426		6,943,674
Emerging Markets Targeted Value Portfolio		10,796		10,941		—			42,666		64,403

124

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2021, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):


	Unlimited		Total
Large Cap International Portfolio	$	384,020	$	384,020
International Core Equity Portfolio		1,265,730		1,265,730
Global Small Company Portfolio		—		—
International Small Company Portfolio		—		—
Japanese Small Company Portfolio		—		—
Asia Pacific Small Company Portfolio		—		—
United Kingdom Small Company Portfolio		—		—
Continental Small Company Portfolio		—		—
DFA International Real Estate Securities Portfolio		537,282		537,282
DFA Global Real Estate Securities Portfolio		—		—
DFA International Small Cap Value Portfolio		—		—
International Vector Equity Portfolio		—		—
International High Relative Profitability Portfolio		—		—
World ex U.S. Value Portfolio		9,885		9,885
World ex U.S. Core Equity Portfolio		100,475		100,475
World Core Equity Portfolio		—		—
Selectively Hedged Global Equity Portfolio		—		—
Emerging Markets Portfolio		—		—
Emerging Markets Small Cap Portfolio		—		—
Emerging Markets Value Portfolio		1,710,597		1,710,597
Emerging Markets Core Equity Portfolio		2,148,189		2,148,189
Emerging Markets Targeted Value Portfolio		—		—

During the year ended October 31, 2021, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):


Large Cap International Portfolio	$	101,782
International Core Equity Portfolio		272,686
Global Small Company Portfolio		254
International Small Company Portfolio		311,522
Japanese Small Company Portfolio		4,708
Asia Pacific Small Company Portfolio		17,670
United Kingdom Small Company Portfolio		55
Continental Small Company Portfolio		27,023

125


DFA International Small Cap Value Portfolio	$	427,289
International Vector Equity Portfolio		117,093
International High Relative Profitability Portfolio		26,305
World ex U.S. Value Portfolio		7,883
World ex U.S. Core Equity Portfolio		29,244
World Core Equity Portfolio		1,459
Emerging Markets Portfolio		149,571
Emerging Markets Small Cap Portfolio		395,108
Emerging Markets Value Portfolio		637,239
Emerging Markets Core Equity Portfolio		591,832


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Large Cap International Portfolio	$	4,485,317	$	1,636,249	$	(303,679	)	$	1,332,570
International Core Equity Portfolio		28,670,552		7,945,025		(3,319,485	)		4,625,540
Global Small Company Portfolio		83,927		5,683		(1,087	)		4,596
International Small Company Portfolio		10,376,162		1,147,935		(180,311	)		967,624
Japanese Small Company Portfolio		310,354		13,997		—			13,997
Asia Pacific Small Company Portfolio		345,280		5,763		—			5,763
United Kingdom Small Company Portfolio		26,731		—		(882	)		(882	)
Continental Small Company Portfolio		715,724		76,221		—			76,221
DFA International Real Estate Securities Portfolio		6,367,692		1,074,475		(766,017	)		308,458
DFA Global Real Estate Securities Portfolio		8,583,487		2,239,925		(663,239	)		1,576,686
DFA International Small Cap Value Portfolio		11,416,921		2,226,916		(1,599,249	)		627,667
International Vector Equity Portfolio		3,130,030		776,865		(343,573	)		433,292
International High Relative Profitability Portfolio		1,997,264		316,255		(140,373	)		175,882
World ex U.S. Value Portfolio		178,233		25,085		—			25,085
World ex U.S. Core Equity Portfolio		3,336,243		926,776		(438,250	)		488,526
World Core Equity Portfolio		733,961		281,938		—			281,938
Selectively Hedged Global Equity Portfolio		187,317		112,996		(129	)		112,867
Emerging Markets Portfolio		3,223,869		1,771,403		—			1,771,403
Emerging Markets Small Cap Portfolio		3,905,875		613,599		—			613,599
Emerging Markets Value Portfolio		10,109,924		1,992,760		—			1,992,760
Emerging Markets Core Equity Portfolio		21,079,574		9,591,845		(3,342,726	)		6,249,119
Emerging Markets Targeted Value Portfolio		191,357		45,258		(23,272	)		21,986
Emerging Markets ex China Core Equity Portfolio		386,474		16,896		(43,996	)		(27,100	)

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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):


	Six Months Ended April 30, 2022						Year Ended October 31, 2021
	(Unaudited)
	Amount			Shares			Amount			Shares
Emerging Markets Value Portfolio
Class R2 Shares
Shares Issued	$	1,990			64		$	1,397			45
Shares Issued in Lieu of Cash Distributions		269			9			349			12
Shares Redeemed		(802	)		(26	)		(4,468	)		(148	)

Net Increase (Decrease) — Class R2 Shares	$	1,457			47		$	(2,722	)		(91	)

Institutional Class Shares
Shares Issued	$	1,034,198			33,455		$	1,801,928			58,072
Shares Issued in Lieu of Cash Distributions		248,535			8,110			368,063			12,127
Shares Redeemed		(1,889,629	)		(60,820	)		(5,470,382	)		(175,490	)

Net Increase (Decrease) — Institutional Class Shares	$	(606,896	)		(19,255	)	$	(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:

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.

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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.

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.

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 six months ended April 30, 2022 was as follows (amounts in thousands):


	Forward Currency Contracts*		Futures**
Large Cap International Portfolio	$	—	$	80,165
International Core Equity Portfolio		—		297,412
International Small Company Portfolio		—		118,457
DFA International Real Estate Securities Portfolio		—		56,733
DFA International Small Cap Value Portfolio		—		192,479
International Vector Equity Portfolio		—		28,249
International High Relative Profitability Portfolio		—		8,683
World ex U.S. Core Equity Portfolio		—		32,902
Selectively Hedged Global Equity Portfolio		92,130		3,771
Emerging Markets Core Equity Portfolio		—		237,341
Emerging Markets Targeted Value Portfolio		—		1,541
Emerging Markets ex China Core Equity Portfolio		—		1,045

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*	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 April 30, 2022 (amounts in thousands):


	Asset Derivatives Value
	Total Value at April 30, 2022		Forward Currency Contracts (1)
Selectively Hedged Global Equity Portfolio	$	730	$	730


	Liability Derivatives Value
	Total Value at April 30, 2022			Forward Currency Contracts (2)			Equity *Contracts,(3)**
Large Cap International Portfolio	$	(3,880	)		—		$	(3,880	)
International Core Equity Portfolio		(8,505	)		—			(8,505	)
International Small Company Portfolio		(8,343	)		—			(8,343	)
DFA International Real Estate Securities Portfolio		(3,225	)		—			(3,225	)
DFA International Small Cap Value Portfolio		(8,611	)		—			(8,611	)
International Vector Equity Portfolio		(1,457	)		—			(1,457	)
World ex U.S. Core Equity Portfolio		(1,236	)		—			(1,236	)
Selectively Hedged Global Equity Portfolio		(218	)	$	(129	)		(89	)
Emerging Markets Core Equity Portfolio		(5,917	)		—			(5,917	)
Emerging Markets Targeted Value Portfolio		(41	)		—			(41	)
Emerging Markets ex China Core Equity Portfolio		(78	)		—			(78	)

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

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

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

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


	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
Large Cap International Portfolio	$	(2,209	)		—	$	(2,209	)

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	Realized Gain (Loss) on Derivatives
	Total			Forward Currency Contracts (1)		Equity Contracts (2)
International Core Equity Portfolio	$	(9,787	)		—	$	(9,787	)
International Small Company Portfolio		(1,311	)		—		(1,311	)
DFA International Real Estate Securities Portfolio		1,002			—		1,002
DFA Global Real Estate Securities Portfolio		471			—		471	*
DFA International Small Cap Value Portfolio		(12,050	)		—		(12,050	)
International Vector Equity Portfolio		(151	)		—		(151	)
International High Relative Profitability Portfolio		(423	)		—		(423	)*
World ex U.S. Core Equity Portfolio		393			—		393
Selectively Hedged Global Equity Portfolio		5,339		$	5,461		(122	)
Emerging Markets Core Equity Portfolio		(11,549	)		—		(11,549	)
Emerging Markets Targeted Value Portfolio		5			—		5
Emerging Markets ex China Core Equity Portfolio		(268	)		—		(268	)


	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Forward Currency Contracts (3)		Equity Contracts (4)
Large Cap International Portfolio	$	(5,513	)		—	$	(5,513	)
International Core Equity Portfolio		(17,509	)		—		(17,509	)
International Small Company Portfolio		(10,484	)		—		(10,484	)
DFA International Real Estate Securities Portfolio		(4,634	)		—		(4,634	)
DFA International Small Cap Value Portfolio		(13,114	)		—		(13,114	)
International Vector Equity Portfolio		(2,282	)		—		(2,282	)
World ex U.S. Core Equity Portfolio		(2,270	)		—		(2,270	)
Selectively Hedged Global Equity Portfolio		63		$	254		(191	)
Emerging Markets Core Equity Portfolio		(13,971	)		—		(13,971	)
Emerging Markets Targeted Value Portfolio		(95	)		—		(95	)
Emerging Markets ex China Core Equity Portfolio		(77	)		—		(77	)

(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 April 30, 2022, there were no futures contracts outstanding. During the six months ended April 30, 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

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typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, a Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Portfolios do not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities.


	Gross Amounts of Recognized Assets (a)		Net Amounts of Assets Presented in the Statements of Assets and Liabilities		Gross Amounts Not Offset in the Statements of Assets and Liabilities											Net 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

Selectively Hedged Global Equity Portfolio
UBS AG	$	86	$	86		—			—		—	$	86		—		—		—			—		—		—
Citibank, N.A		9		9		—			—		—		9		—		��		—			—		—		—
Morgan Stanley and Co. International		16		16		—			—		—		16		—		—		—			—		—		—
State Street Bank and Trust		305		305	$	(30	)		—		—		275	$	30	$	30	$	(30	)		—		—		—
Bank of America Corp		52		52		(16	)		—		—		36		16		16		(16	)		—		—		—
Barclays Capital		240		240		(39	)		—		—		201		39		39		(39	)		—		—		—
HSBC Bank		23		23		(1	)		—		—		22		1		1		(1	)		—		—		—
JP Morgan		—		—		—			—		—		—		44		44		—			—		—	$	44

Total	$	731	$	731	$	(86	)		—		—	$	645	$	130	$	130	$	(86	)		—		—	$	44

(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:

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For the six months ended April 30, 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 04/30/2022
Global Small Company Portfolio		0.87	%	$	142		19		—	$	1,760		—
International Small Company Portfolio		1.08	%		23,176		4	$	3		27,039		—
DFA International Real Estate Securities Portfolio		1.08	%		9,451		7		2		18,809		—
DFA Global Real Estate Securities Portfolio		0.94	%		2,850		9		1		4,891		—
DFA International Small Cap Value Portfolio		0.83	%		1,577		2		—		3,131		—
International High Relative Profitability Portfolio		0.96	%		1,860		6		—		5,856	$	12
World ex U.S. Value Portfolio		0.93	%		383		12		—		1,071		—
World ex U.S. Core Equity Portfolio		0.89	%		937		8		—		2,409		—
World Core Equity Portfolio		0.87	%		936		81		2		8,065		—
Selectively Hedged Global Equity Portfolio		1.08	%		2,051		4		—		2,051		—
Emerging Markets Core Equity Portfolio		1.08	%		3,677		3		—		3,677		—
Emerging Markets Targeted Value Portfolio		0.83	%		1,234		14		—		2,439		—
Emerging Markets ex China Core Equity Portfolio		0.94	%		15,605		11		5		31,278		—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2022, that each Portfolio’s available line of credit was used.

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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 Portfolios did not use the interfund lending program during the six months ended April 30, 2022.

J. Affiliated Trades:

For the six months ended April 30, 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	$	44,462	$	23,229	$	(5,088	)
International Core Equity Portfolio		97,895		56,866		5,032
DFA Global Real Estate Securities Portfolio		26,487		—		—
DFA International Small Cap Value Portfolio		59,037		162,771		49,648
International Vector Equity Portfolio		19,856		60,853		21,376
International High Relative Profitability Portfolio		57,941		33,404		(1,381	)
World ex U.S. Core Equity Portfolio		4,634		8,923		1,074
Emerging Markets Core Equity Portfolio		13,393		1,149		(68	)
Emerging Markets Targeted Value Portfolio		61		49		6

K. Securities Lending:

As of April 30, 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	$	26,874
International Core Equity Portfolio		304,257
DFA International Real Estate Securities Portfolio		13,049
DFA International Small Cap Value Portfolio		113,367
International Vector Equity Portfolio		48,672
International High Relative Profitability Portfolio		4,475
World ex U.S. Core Equity Portfolio		61,247

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	Non-Cash Collateral Market Value
Emerging Markets Core Equity Portfolio	$	1,159,402
Emerging Markets Targeted Value Portfolio		6,623
Emerging Markets ex China Core Equity Portfolio		160

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.


	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
Large Cap International Portfolio
Common Stocks	$	459,073		—		—		—	$	459,073
International Core Equity Portfolio
Common Stocks, Rights/Warrants		2,376,675		—		—		—		2,376,675

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	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
DFA International Real Estate Securities Portfolio
Common Stocks	$	322,195		—		—		—	$	322,195
DFA Global Real Estate Securities Portfolio
Common Stocks		83,989		—		—		—		83,989
DFA International Small Cap Value Portfolio
Common Stocks		518,623		—		—		—		518,623
International Vector Equity Portfolio
Common Stocks, Rights/Warrants		243,461		—		—		—		243,461
International High Relative Profitability Portfolio
Common Stocks		140,348		—		—		—		140,348
World ex U.S. Core Equity Portfolio
Common Stocks		199,879		—		—		—		199,879
Emerging Markets Core Equity Portfolio
Common Stocks		449,356		—		—		—		449,356
Emerging Markets Targeted Value Portfolio
Common Stocks		1,446		—		—		—		1,446
Emerging Markets ex China Core Equity Portfolio
Common Stocks		1,200		—		—		—		1,200

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.

N. Recently Issued Accounting Standards and Regulations:

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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.

O. Russia and Ukraine Conflict:

P. Other:


	Number of Shareholders		Approximate Percentage of Outstanding Shares
Large Cap International Portfolio-Institutional Class		4		75	%
International Core Equity Portfolio-Institutional Class		4		72	%
Global Small Company Portfolio-Institutional Class		4		95	%
International Small Company Portfolio-Institutional Class		4		79	%
Japanese Small Company Portfolio-Institutional Class		3		88	%
Asia Pacific Small Company Portfolio-Institutional Class		2		92	%
United Kingdom Small Company Portfolio-Institutional Class		4		95	%
Continental Small Company Portfolio-Institutional Class		2		92	%
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		84	%
International High Relative Profitability Portfolio-Institutional Class		3		89	%
World ex U.S. Value Portfolio-Institutional Class		6		90	%
World ex U.S. Core Equity Portfolio-Institutional Class		3		75	%
World Core Equity Portfolio-Institutional Class		5		86	%
Selectively Hedged Global Equity Portfolio-Institutional Class		3		87	%

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	Number of Shareholders		Approximate Percentage of Outstanding Shares
Emerging Markets Portfolio-Institutional Class		3		67	%
Emerging Markets Small Cap Portfolio-Institutional Class		4		68	%
Emerging Markets Value Portfolio-Class R2		1		97	%
Emerging Markets Value Portfolio-Institutional Class		2		41	%
Emerging Markets Core Equity Portfolio-Institutional Class		3		66	%
Emerging Markets Targeted Value Portfolio-Institutional Class		3		91	%
Emerging Markets ex China Core Equity Portfolio-Institutional Class		4		100	%

Q. Subsequent Event Evaluations:

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RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, DFA Investment Dimensions Group Inc. (“DFAIDG”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Directors. Directors were elected by the shareholders of all series of DFAIDG, including each Portfolio that was operational as of the record date. The results of the voting were as follows:

DFAIDG

Proposal: Election of Directors*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1. Reena Aggarwal		9,921,508,370		63,420,976		9,984,929,347		99.36	%		0.64	%		100.00	%
2. David P. Butler		9,883,286,256		101,643,091		9,984,929,347		98.98	%		1.02	%		100.00	%
3. George M Constantinides		9,821,909,934		163,019,413		9,984,929,347		98.37	%		1.63	%		100.00	%
4. Douglas W. Diamond		9,882,157,782		102,771,565		9,984,929,347		98.97	%		1.03	%		100.00	%
5. Darrell Duffie		9,882,905,906		102,023,441		9,984,929,347		98.98	%		1.02	%		100.00	%
6. Francis A. Longstaff		9,921,901,084		63,028,263		9,984,929,347		99.37	%		0.63	%		100.00	%
7. Gerard K. O’Reilly		9,882,646,658		102,282,689		9,984,929,347		98.98	%		1.02	%		100.00	%
8. Abbie J. Smith		9,830,541,976		154,387,371		9,984,929,347		98.45	%		1.55	%		100.00	%
9. Heather E. Tookes		9,923,656,008		61,273,339		9,984,929,347		99.39	%		0.61	%		100.00	%
10. Ingrid M. Werner		9,883,645,976		101,283,371		9,984,929,347		98.99	%		1.01	%		100.00	%

*	Results are for all series within DFAIDG

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

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.

139

DISCLOSURE OF FUND EXPENSES

CONTINUED

Six Months Ended April 30, 2022

EXPENSE TABLE


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
DFA International Value Portfolio (2)
Actual Fund Return
Class R2 Shares	$	1,000.00	$	954.60		0.56	%	$	2.71
Institutional Class Shares	$	1,000.00	$	955.90		0.31	%	$	1.50
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,022.02		0.56	%	$	2.81
Institutional Class Shares	$	1,000.00	$	1,023.26		0.31	%	$	1.56

(1)

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

140

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

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

FEEDER FUND


	Affiliated Investment Company
DFA International Value Portfolio		100.0	%

141

DFA INTERNATIONAL VALUE PORTFOLIO

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


	Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA International Value Series of The DFA Investment Trust Company	$	8,471,207,818

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES	$	8,471,207,818

Summary of the Portfolio’s Master Fund’s investments as of April 30, 2022, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

142

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

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


	DFA International Value Portfolio
ASSETS:
Investments in Affiliated Investment Company at Value	$	8,471,208
Receivables:
Fund Shares Sold		7,286
Prepaid Expenses and Other Assets		175

Total Assets		8,478,669

LIABILITIES:
Payables:
Fund Shares Redeemed		5,380
Due to Advisor		363
Accrued Expenses and Other Liabilities		570

Total Liabilities		6,313

NET ASSETS	$	8,472,356

NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $1,929 and shares outstanding of 104,632	$	18.43

NUMBER OF SHARES AUTHORIZED		100,000,000

Institutional Class Shares — based on net assets of $8,470,427 and shares outstanding of 458,126,975	$	18.49

NUMBER OF SHARES AUTHORIZED		1,500,000,000

NET ASSETS CONSIST OF:
Paid-In Capital	$	7,929,777
Total Distributable Earnings (Loss)		542,579

NET ASSETS	$	8,472,356

See accompanying Notes to Financial Statements.

143

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	DFA International Value Portfolio*
Investment Income
Net Investment Income Allocated from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $17,956)	$	181,118
Income from Securities Lending		1,547
Expenses Allocated from Affiliated Investment Companies		(8,804	)

Total Net Investment Income Allocated and/or Distributions Received from Affiliated Investment Companies		173,861

Fund Expenses
Investment Management Fees		11,777
Accounting & Transfer Agent Fees		566
Shareholder Servicing Fees
Class R2 Shares		2
Filing Fees		62
Shareholders’ Reports		225
Directors’/Trustees’ Fees & Expenses		(37	)
Professional Fees		20
Other		19

Total Fund Expenses		12,634

Fees Waived, Expenses Reimbursed by Advisor (Note C)
Class R2 Shares		2
Institutional Class Shares		8,328

Net Expenses		4,304

Net Investment Income (Loss)		169,557

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company**		173,338
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(728,758	)

Net Realized and Unrealized Gain (Loss)		(555,420	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(385,863	)

**	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.

144

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	DFA International Value Portfolio***
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	169,557		$	275,625
Net Realized Gain (Loss) on:
Transactions Allocated from Affiliated Investment Company,*		173,338			377,980
Change in Unrealized Appreciation (Depreciation) of:
Transactions Allocated from Affiliated Investment Company		(728,758	)		2,522,431

Net Increase (Decrease) in Net Assets Resulting from Operations		(385,863	)		3,176,036

Distributions:
Class R2 Shares		(37	)		(43	)
Institutional Class Shares		(187,667	)		(258,413	)

Total Distributions		(187,704	)		(258,456	)

Capital Share Transactions (1):
Shares Issued		1,529,510			1,043,206
Shares Issued in Lieu of Cash Distributions		185,031			254,720
Shares Redeemed		(982,851	)		(2,459,596	)

Net Increase (Decrease) from Capital Share Transactions		731,690			(1,161,670	)

Total Increase (Decrease) in Net Assets		158,123			1,755,910
Net Assets
Beginning of Period		8,314,233			6,558,323

End of Period	$	8,472,356		$	8,314,233

(1) Shares Issued and Redeemed:
Shares Issued		78,945			56,340
Shares Issued in Lieu of Cash Distributions		9,841			13,672
Shares Redeemed		(50,504	)		(134,474	)

Net Increase (Decrease) from Shares Issued and Redeemed		38,282			(64,462	)

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

145

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Value Portfolio-Class R2 Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	19.74		$	13.50		$	17.13		$	17.68		$	19.89		$	16.27

Income from Investment Operations (A)
Net Investment Income (Loss)		0.37			0.62			0.38			0.58			0.54			0.55
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.26	)		6.17			(3.61	)		(0.10	)		(2.21	)		3.61

Total from Investment Operations		(0.89	)		6.79			(3.23	)		0.48			(1.67	)		4.16

Less Distributions:
Net Investment Income		(0.38	)		(0.55	)		(0.40	)		(0.51	)		(0.54	)		(0.54	)
Net Realized Gains		(0.04	)		—			—			(0.52	)		—			—
Total Distributions		(0.42	)		(0.55	)		(0.40	)		(1.03	)		(0.54	)		(0.54	)

Net Asset Value, End of Period	$	18.43		$	19.74		$	13.50		$	17.13		$	17.68		$	19.89

Total Return		(4.54	%)(B)		50.55	%		(19.08	%)		3.13	%		(8.59	%)		25.99	%

Net Assets, End of Period (thousands)	$	1,929		$	1,753		$	835		$	1,191		$	1,477		$	3,508
Ratio of Expenses to Average Net Assets (F)		0.56	%(C)		0.60	%		0.65	%		0.69	%		0.68	%		0.68	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.76	%(C)		0.80	%		0.85	%		0.89	%		0.88	%		0.88	%
Ratio of Net Investment Income to Average Net Assets		3.85	%(C)		3.31	%		2.56	%		3.43	%		2.72	%		3.07	%

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

See accompanying Notes to Financial Statements.

146

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	DFA International Value Portfolio-Institutional Class Shares
	Six Months Ended Apr 30, 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, 2017
	(Unaudited)
Net Asset Value, Beginning of Period	$	19.80		$	13.54		$	17.18		$	17.74		$	19.94		$	16.30

Income from Investment Operations (A)
Net Investment Income (Loss)		0.39			0.62			0.38			0.63			0.60			0.56
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.26	)		6.23			(3.58	)		(0.11	)		(2.21	)		3.66

Total from Investment Operations		(0.87	)		6.85			(3.20	)		0.52			(1.61	)		4.22

Less Distributions:
Net Investment Income		(0.40	)		(0.59	)		(0.44	)		(0.56	)		(0.59	)		(0.58	)
Net Realized Gains		(0.04	)		—			—			(0.52	)		—			—

Total Distributions		(0.44	)		(0.59	)		(0.44	)		(1.08	)		(0.59	)		(0.58	)

Net Asset Value, End of Period	$	18.49		$	19.80		$	13.54		$	17.18		$	17.74		$	19.94

Total Return		(4.41	%)(B)		50.90	%		(18.87	%)		3.37	%		(8.32	%)		26.36	%

Net Assets, End of Period (thousands)	$	8,470,427		$	8,312,480		$	6,557,488		$	9,173,478		$	9,421,965		$	9,837,631
Ratio of Expenses to Average Net Assets (F)		0.31	%(C)		0.36	%		0.40	%		0.44	%		0.43	%		0.43	%
Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (F)		0.51	%(C)		0.56	%		0.60	%		0.64	%		0.63	%		0.63	%
Ratio of Net Investment Income to Average Net Assets		4.07	%(C)		3.36	%		2.57	%		3.70	%		3.01	%		3.12	%

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

See accompanying Notes to Financial Statements.

147

DIMENSIONAL INVESTMENT GROUP INC.

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of eleven portfolios, one of which, the DFA International Value Portfolio (the "Portfolio"), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

The Portfolio invests substantially all of its assets in The DFA International Value Series (the “Series”), a corresponding series of The DFA Investment Trust Company. As of April 30, 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:

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

•

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

•

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

•

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

The Portfolio’s investment reflects its proportionate interests in the net assets of the Series. The valuation is classified as Level 1 in the hierarchy.

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

148

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:


DFA International Value Portfolio			0.28	%*

*	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 six months ended April 30, 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 six months ended April 30, 2022, and the previously waived fees/expenses assumed subject to future recovery by the

149

Advisor as of April 30, 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	%		—	$	8,328		—

Class R2 Shares
DFA International Value Portfolio (2)		0.79	%		0.25	%		—		2		—

(1)

(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 (including for the time period prior to July 21, 2015) to assume the direct expenses of Class R2 shares of the Portfolio (excluding management fees and custodian fees), to the extent necessary to limit the annualized expenses of Class R2 shares of the Portfolio (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) to the rate listed above (the “Annualized Expense Ratio”).

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer (“CCO”)) receive no compensation from the Fund. For the six months ended April 30, 2022, the total related amounts paid by the Fund to the CCO were $9 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:


DFA International Value Portfolio		$	142

150

E. Federal Income Taxes:

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

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2021, can occur as a result of realized gains on securities considered to be “passive foreign investment companies”, net foreign currency gains/losses, and foreign capital gains tax reclass, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2020, and October 31, 2021, were as follows (amounts in thousands):


	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Tax Exempt Income		Total
DFA International Value Portfolio
2020	$	226,443		—		—	$	226,443
2021		258,456		—		—		258,456


	Net Investment Income and Short-Term Capital Gains			Long-Term Capital Gains		Total
DFA International Value Portfolio	$	(2,374	)		—	$	(2,374	)

As of October 31, 2021, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):


	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Unrealized Appreciation (Depreciation)		Total Net Distributable Earnings (Accumulated Losses)
DFA International Value Portfolio	$	109,693		—	$	1,006,924	$	1,116,617

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of April 30, 2022, the Portfolio did not have capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2021, the Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):


DFA International Value Portfolio		$	349,633

151


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)		Net Unrealized Appreciation (Depreciation)
DFA International Value Portfolio	$	8,166,983	$	354,395		—	$	354,395

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):


	Six Months Ended April 30, 2022						Year Ended October 31, 2021
	(Unaudited)
	Amount			Shares			Amount			Shares
DFA International Value Portfolio
Class R2 Shares
Shares Issued	$	587			30		$	1,954			104
Shares Issued in Lieu of Cash Distributions		38			2			43			2
Shares Redeemed		(315	)		(16	)		(1,495	)		(80	)

Net Increase (Decrease) — Class R2 Shares	$	310			16		$	502			26

Institutional Class Shares
Shares Issued	$	1,528,923			78,915		$	1,041,251			56,236
Shares Issued in Lieu of Cash Distributions		184,993			9,839			254,677			13,670
Shares Redeemed		(982,536	)		(50,488	)		(2,458,101	)		(134,394	)

Net Increase (Decrease) — Institutional Class Shares	$	731,380			38,266		$	(1,162,173	)		(64,488	)

G. Shareholder Servicing Fees:

H. Indemnitees; Contractual Obligations:

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

152

I. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Portfolio could enter, eliminate the asset segregation framework currently used by the Portfolio to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Portfolio is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Portfolio.

On December 3, 2020, the SEC adopted new Rule 2a-5 (the "Valuation Rule”) under the Investment Company Act of 1940, establishing an updated regulatory framework for fund valuation. The Valuation Rule, in part, provides a framework for good faith fair value determination and permits a Board to designate fair value determinations to a fund’s investment adviser. Further, the SEC is rescinding previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021, with a compliance date of September 8, 2022. Management is currently evaluating the Valuation Rule and its effect on the Portfolio.

J. Russia and Ukraine Conflict:

K. Other:


	Number of Shareholders		Approximate Percentage of Outstanding Shares
DFA International Value Portfolio-Class R2		6		97	%
DFA International Value Portfolio-Institutional Class		4		71	%

153

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.

L. Subsequent Event Evaluations:

154

RESULTS OF THE SHAREHOLDER MEETING

DIG

Proposal: Election of Directors*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1. Reena Aggarwal		670,675,676		4,853,187		675,528,863		99.28	%		0.72	%		100.00	%
2. David P. Butler		670,412,079		5,116,784		675,528,863		99.24	%		0.76	%		100.00	%
3. George M Constantinides		667,473,344		8,055,519		675,528,863		98.81	%		1.19	%		100.00	%
4. Douglas W. Diamond		670,102,186		5,426,677		675,528,863		99.20	%		0.80	%		100.00	%
5. Darrell Duffie		670,307,396		5,221,467		675,528,863		99.23	%		0.77	%		100.00	%
6. Francis A. Longstaff		670,676,753		4,852,110		675,528,863		99.28	%		0.72	%		100.00	%
7. Gerard K. O’Reilly		670,543,896		4,984,967		675,528,863		99.26	%		0.74	%		100.00	%
8. Abbie J. Smith		668,026,571		7,502,292		675,528,863		98.89	%		1.11	%		100.00	%
9. Heather E. Tookes		670,812,115		4,716,748		675,528,863		99.30	%		0.70	%		100.00	%
10. Ingrid M. Werner		671,092,724		4,436,139		675,528,863		99.34	%		0.66	%		100.00	%

*	Results are for all series within DIG

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended April 30, 2022

EXPENSE TABLES


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	956.20		0.21	%	$	1.02
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.75		0.21	%	$	1.05
The Japanese Small Company Series
Actual Fund Return	$	1,000.00	$	824.60		0.12	%	$	0.54
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.12	%	$	0.60

156

DISCLOSURE OF FUND EXPENSES

CONTINUED


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
The Asia Pacific Small Company Series
Actual Fund Return	$	1,000.00	$	911.20		0.12	%	$	0.57
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.12	%	$	0.60
The United Kingdom Small Company Series
Actual Fund Return	$	1,000.00	$	820.00		0.11	%	$	0.50
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.25		0.11	%	$	0.55
The Continental Small Company Series
Actual Fund Return	$	1,000.00	$	847.00		0.12	%	$	0.55
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.20		0.12	%	$	0.60
The Canadian Small Company Series
Actual Fund Return	$	1,000.00	$	997.70		0.11	%	$	0.54
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.25		0.11	%	$	0.55
The Emerging Markets Series
Actual Fund Return	$	1,000.00	$	906.80		0.15	%	$	0.71
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.05		0.15	%	$	0.75
The Emerging Markets Small Cap Series
Actual Fund Return	$	1,000.00	$	918.50		0.26	%	$	1.24
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.51		0.26	%	$	1.30

(1)

157

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

INTERNATIONAL EQUITY PORTFOLIOS


The DFA International Value Series
Communication Services	4.7	%
Consumer Discretionary	11.4	%
Consumer Staples	4.6	%
Energy	15.7	%
Financials	28.6	%
Health Care	5.8	%
Industrials	10.8	%
Information Technology	1.1	%
Materials	13.7	%
Real Estate	2.4	%
Utilities	1.2	%

	100.0	%


The Japanese Small Company Series
Communication Services	2.8	%
Consumer Discretionary	14.5	%
Consumer Staples	7.8	%
Energy	1.0	%
Financials	9.1	%
Health Care	4.7	%
Industrials	29.3	%
Information Technology	15.4	%
Materials	12.4	%
Real Estate	1.4	%
Utilities	1.6	%

	100.0	%


The Asia Pacific Small Company Series
Communication Services	5.5	%
Consumer Discretionary	17.3	%
Consumer Staples	8.7	%
Energy	5.2	%
Financials	12.5	%
Health Care	5.1	%
Industrials	11.0	%
Information Technology	9.0	%
Materials	18.2	%
Real Estate	6.8	%
Utilities	0.7	%

	100.0	%

158

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED


The United Kingdom Small Company Series
Communication Services	3.0	%
Consumer Discretionary	16.6	%
Consumer Staples	7.8	%
Energy	3.7	%
Financials	18.2	%
Health Care	3.7	%
Industrials	25.1	%
Information Technology	7.7	%
Materials	6.2	%
Real Estate	3.8	%
Utilities	4.2	%

	100.0	%


The Continental Small Company Series
Communication Services	4.7	%
Consumer Discretionary	9.1	%
Consumer Staples	4.0	%
Energy	3.4	%
Financials	15.3	%
Health Care	5.9	%
Industrials	26.9	%
Information Technology	10.5	%
Materials	9.2	%
Real Estate	5.9	%
Utilities	5.1	%

	100.0	%


The Canadian Small Company Series
Communication Services	1.3	%
Consumer Discretionary	5.3	%
Consumer Staples	4.7	%
Energy	25.1	%
Financials	9.2	%
Health Care	1.6	%
Industrials	11.2	%
Information Technology	2.4	%
Materials	27.6	%
Real Estate	3.2	%
Utilities	8.4	%

	100.0	%


The Emerging Markets Series
Communication Services	9.4	%
Consumer Discretionary	10.2	%
Consumer Staples	6.4	%
Energy	5.0	%
Financials	21.1	%
Health Care	3.5	%
Industrials	7.2	%
Information Technology	19.6	%
Materials	12.3	%
Real Estate	2.4	%
Utilities	2.9	%

	100.0	%


The Emerging Markets Small Cap Series
Communication Services	3.6	%
Consumer Discretionary	13.0	%
Consumer Staples	6.6	%
Energy	2.2	%
Financials	8.8	%
Health Care	7.8	%
Industrials	15.4	%
Information Technology	16.2	%
Materials	14.5	%
Real Estate	6.8	%
Utilities	5.1	%

	100.0	%

159

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (92.5%)
AUSTRALIA — (6.8%)
	Australia & New Zealand Banking Group Ltd.		6,888,410	$	131,080,846		1.1	%
	National Australia Bank Ltd.		5,345,044		122,020,269		1.0	%
	Westpac Banking Corp.		7,869,029		131,727,453		1.1	%
	Other Securities				463,592,935		3.9	%

TOTAL AUSTRALIA					848,421,503		7.1	%

AUSTRIA — (0.1%)
	Other Securities				11,747,317		0.1	%

BELGIUM — (0.6%)
	Other Securities				72,051,851		0.6	%

CANADA — (11.0%)
	Bank of Montreal		1,770		187,671		0.0	%
#	Bank of Montreal		1,331,345		141,175,824		1.2	%
	Bank of Nova Scotia		495,702		31,390,151		0.3	%
#	Bank of Nova Scotia		1,698,160		107,527,491		0.9	%
	Canadian Imperial Bank of Commerce		723,497		79,983,687		0.7	%
	Canadian Natural Resources Ltd.		252,950		15,655,668		0.1	%
	Canadian Natural Resources Ltd.		3,058,625		189,237,129		1.6	%
#	Fairfax Financial Holdings Ltd.		97,836		53,757,442		0.5	%
	Nutrien Ltd.		944,511		92,798,186		0.8	%
	Suncor Energy, Inc.		1,689,809		60,731,735		0.5	%
	Teck Resources Ltd., Class B		1,439,855		56,816,678		0.5	%
	Other Securities				539,236,474		4.4	%

TOTAL CANADA					1,368,498,136		11.5	%

CHINA — (0.0%)
	Other Security				5,078,444		0.0	%

DENMARK — (1.7%)
	Other Securities				208,840,317		1.8	%

FINLAND — (0.9%)
	Other Securities				110,933,704		0.9	%

FRANCE — (9.2%)
	BNP Paribas SA		1,819,966		94,367,738		0.8	%
	Carrefour SA		2,495,917		52,932,324		0.5	%
	Cie de Saint-Gobain		1,784,858		104,125,332		0.9	%
	Cie Generale des Etablissements Michelin SCA		630,250		78,062,712		0.7	%
	Orange SA		5,978,647		71,178,162		0.6	%
#	Sanofi		682,839		72,172,588		0.6	%
#	TotalEnergies SE		6,840,726		335,899,931		2.8	%
	Other Securities				341,674,812		2.8	%

TOTAL FRANCE					1,150,413,599		9.7	%

GERMANY — (6.7%)
	Allianz SE		551,464		124,429,074		1.0	%

160

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
GERMANY — (Continued)
	BASF SE		1,264,933	$	66,615,131		0.6	%
	Bayer AG		880,173		57,977,911		0.5	%
	Bayerische Motoren Werke AG		1,003,964		81,989,489		0.7	%
	Mercedes-Benz Group AG		2,568,275		179,268,593		1.5	%
	Other Securities				320,970,870		2.7	%

TOTAL GERMANY					831,251,068		7.0	%

HONG KONG — (2.1%)
	CK Hutchison Holdings Ltd.		7,657,984		53,743,172		0.5	%
	Other Securities				209,561,277		1.7	%

TOTAL HONG KONG					263,304,449		2.2	%

IRELAND — (0.3%)
	Other Securities				37,874,285		0.3	%

ISRAEL — (0.4%)
	Other Securities				49,425,337		0.4	%

ITALY — (1.7%)
	Other Securities				216,926,261		1.8	%

JAPAN — (18.2%)
	Honda Motor Co. Ltd.		3,522,000		92,641,105		0.8	%
	Mitsubishi Corp.		1,817,600		61,026,864		0.5	%
	Mitsubishi UFJ Financial Group, Inc.		10,193,750		59,260,072		0.5	%
	SoftBank Group Corp.		1,790,880		73,659,314		0.6	%
	Takeda Pharmaceutical Co. Ltd.		2,595,871		75,323,149		0.6	%
	Toyota Motor Corp.		12,538,150		214,824,973		1.8	%
	Other Securities				1,689,378,556		14.2	%

TOTAL JAPAN					2,266,114,033		19.0	%

NETHERLANDS — (3.2%)
	Koninklijke Ahold Delhaize NV		4,054,901		119,603,221		1.0	%
	Other Securities				284,332,873		2.4	%

TOTAL NETHERLANDS.					403,936,094		3.4	%

NEW ZEALAND — (0.2%)
	Other Securities				27,339,899		0.2	%

NORWAY — (1.0%)
	Other Securities				128,268,016		1.1	%

PORTUGAL — (0.1%)
	Other Securities				10,103,211		0.1	%

SINGAPORE — (0.9%)
	Other Securities				107,479,477		0.9	%

SPAIN — (1.7%)
#	Banco Santander SA		42,993,563		125,642,164		1.1	%
	Other Securities				82,785,519		0.7	%

TOTAL SPAIN					208,427,683		1.8	%

161

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SWEDEN — (2.5%)
	Other Securities			$	307,180,305		2.6	%

SWITZERLAND — (8.4%)
	Cie Financiere Richemont SA, Class A		672,104		78,092,224		0.7	%
	Novartis AG		1,706,093		150,766,145		1.3	%
	Novartis AG, Sponsored ADR		1,587,470		139,744,984		1.2	%
	UBS Group AG		6,030,163		102,371,853		0.9	%
#*	UBS Group AG		1,233,581		20,773,504		0.2	%
	Zurich Insurance Group AG		344,357		156,775,244		1.3	%
	Other Securities				400,894,249		3.2	%

TOTAL SWITZERLAND					1,049,418,203		8.8	%

UNITED KINGDOM — (14.8%)
	Anglo American PLC		1,391,761		61,642,448		0.5	%
	Aviva PLC		13,916,649		74,664,574		0.6	%
#	Barclays PLC, Sponsored ADR		7,035,082		52,411,361		0.4	%
	BP PLC		7,690,578		37,128,522		0.3	%
	BP PLC, Sponsored ADR		6,418,588		184,341,847		1.6	%
	British American Tobacco PLC		3,024,009		126,743,322		1.1	%
#	British American Tobacco PLC, Sponsored ADR		838,885		35,048,615		0.3	%
	Glencore PLC		23,897,614		147,249,074		1.2	%
	HSBC Holdings PLC		13,535,003		84,581,974		0.7	%
#	HSBC Holdings PLC, Sponsored ADR		2,324,211		72,073,783		0.6	%
	Lloyds Banking Group PLC		164,752,825		93,573,456		0.8	%
	Shell PLC		283,225		7,603,428		0.1	%
	Shell PLC, Sponsored ADR		8,977,105		479,646,720		4.0	%
	Vodafone Group PLC		58,351,986		88,342,512		0.7	%
#	Vodafone Group PLC, Sponsored ADR		4,011,201		60,930,147		0.5	%
	Other Securities				246,587,943		2.1	%

TOTAL UNITED KINGDOM					1,852,569,726		15.5	%

TOTAL COMMON STOCKS					11,535,602,918		96.8	%

PREFERRED STOCKS — (1.1%)
GERMANY — (1.1%)
	Volkswagen AG		601,156		93,098,874		0.8	%
	Other Securities				42,522,307		0.3	%

TOTAL GERMANY					135,621,181		1.1	%

RIGHTS/WARRANTS — (0.0%)
CANADA — (0.0%)
	Other Security				302,591		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $10,761,379,330)					11,671,526,690


				Value†
SECURITIES LENDING COLLATERAL — (6.4%)
@§	The DFA Short Term Investment Fund		69,494,868		803,847,136		6.8	%

TOTAL INVESTMENTS — (100.0%) (Cost $11,565,239,840)				$	12,475,373,826		104.7	%

162

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

As of April 30, 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		656		06/17/22	$	144,157,549	$	135,382,000	$	(8,775,549	)

Total Futures Contracts					$	144,157,549	$	135,382,000	$	(8,775,549	)

Summary of the Series’ investments as of April 30, 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		—		$	848,421,503		—	$	848,421,503
Austria		—			11,747,317		—		11,747,317
Belgium		—			72,051,851		—		72,051,851
Canada	$	1,368,498,136			—		—		1,368,498,136
China		—			5,078,444		—		5,078,444
Denmark		—			208,840,317		—		208,840,317
Finland		—			110,933,704		—		110,933,704
France		—			1,150,413,599		—		1,150,413,599
Germany		14,652,317			816,598,751		—		831,251,068
Hong Kong		—			263,304,449		—		263,304,449
Ireland		20,934,891			16,939,394		—		37,874,285
Israel		7,604,683			41,820,654		—		49,425,337
Italy		4,847,419			212,078,842		—		216,926,261
Japan		16,510,386			2,249,603,647		—		2,266,114,033
Netherlands		24,909,033			379,027,061		—		403,936,094
New Zealand		—			27,339,899		—		27,339,899
Norway		—			128,268,016		—		128,268,016
Portugal		—			10,103,211		—		10,103,211
Singapore		3,986,028			103,493,449		—		107,479,477
Spain		5,053,721			203,373,962		—		208,427,683
Sweden		—			307,180,305		—		307,180,305
Switzerland		173,029,123			876,389,080		—		1,049,418,203
United Kingdom		905,791,569			946,778,157		—		1,852,569,726
Preferred Stocks
Germany		—			135,621,181		—		135,621,181
Rights/Warrants
Canada		—			302,591		—		302,591
Securities Lending Collateral		—			803,847,136		—		803,847,136
Futures Contracts**		(8,775,549	)		—		—		(8,775,549	)

TOTAL	$	2,537,041,757		$	9,929,556,520		—	$	12,466,598,277

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

See accompanying Notes to Financial Statements.

163

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.9%)
COMMUNICATION SERVICES — (2.8%)
	Other Securities			$	76,576,692		2.8	%

CONSUMER DISCRETIONARY — (14.2%)
	Resorttrust, Inc.		523,464		8,806,514		0.3	%
	Sankyo Co. Ltd.		246,900		7,104,545		0.3	%
	Takashimaya Co. Ltd.		914,300		8,339,552		0.3	%
	Other Securities				365,453,295		13.4	%

TOTAL CONSUMER DISCRETIONARY					389,703,906		14.3	%

CONSUMER STAPLES — (7.6%)
#	Ain Holdings, Inc.		147,300		6,607,099		0.3	%
	Milbon Co. Ltd.		159,852		6,693,147		0.3	%
	Nippon Suisan Kaisha Ltd.		1,893,700		8,361,278		0.3	%
	Sapporo Holdings Ltd.		392,620		8,172,025		0.3	%
	Other Securities				179,122,222		6.4	%

TOTAL CONSUMER STAPLES					208,955,771		7.6	%

ENERGY — (1.0%)
	Cosmo Energy Holdings Co. Ltd.		335,800		8,342,741		0.3	%
	Other Securities				20,134,578		0.7	%

TOTAL ENERGY					28,477,319		1.0	%

FINANCIALS — (8.9%)
#	Credit Saison Co. Ltd.		735,700		8,286,519		0.3	%
#	Hirogin Holdings, Inc.		1,534,800		7,562,207		0.3	%
	JAFCO Group Co. Ltd.		592,800		7,146,889		0.3	%
	Yamaguchi Financial Group, Inc.		1,237,672		6,786,365		0.3	%
	Other Securities				215,179,163		7.8	%

TOTAL FINANCIALS					244,961,143		9.0	%

HEALTH CARE — (4.6%)
	H.U. Group Holdings, Inc.		352,600		7,856,798		0.3	%
	Other Securities				117,982,207		4.3	%

TOTAL HEALTH CARE					125,839,005		4.6	%

INDUSTRIALS — (28.7%)
	Daiseki Co. Ltd.		291,355		10,478,926		0.4	%
	DMG Mori Co. Ltd.		728,000		9,136,670		0.3	%
	Fujikura Ltd.		1,693,000		8,008,730		0.3	%
	Furukawa Electric Co. Ltd.		424,300		6,890,241		0.3	%
#	GS Yuasa Corp.		393,683		6,826,602		0.3	%
	Hazama Ando Corp.		1,168,600		8,119,262		0.3	%
	Meitec Corp.		162,400		8,620,177		0.3	%
	Mirait Holdings Corp.		595,335		8,342,800		0.3	%
	Nagase & Co. Ltd.		578,600		8,291,354		0.3	%
	Nichias Corp.		384,200		6,900,015		0.3	%
	Nishimatsu Construction Co. Ltd.		313,800		9,238,694		0.3	%
#	Nisshinbo Holdings, Inc.		938,880		7,024,754		0.3	%

164

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	Outsourcing, Inc.		715,000	$	7,091,016		0.3	%
	Penta-Ocean Construction Co. Ltd.		1,669,600		8,169,327		0.3	%
	Ushio, Inc.		622,400		8,069,778		0.3	%
	Other Securities				667,547,765		24.3	%

TOTAL INDUSTRIALS					788,756,111		28.9	%

INFORMATION TECHNOLOGY — (15.0%)
	Alps Alpine Co. Ltd.		1,039,300		9,200,526		0.3	%
#	Anritsu Corp.		675,200		8,490,310		0.3	%
	Citizen Watch Co. Ltd.		1,771,000		6,683,942		0.3	%
	Daiwabo Holdings Co. Ltd.		582,700		7,539,992		0.3	%
	Dexerials Corp.		368,800		8,086,805		0.3	%
	Japan Material Co. Ltd.		434,600		6,566,033		0.3	%
	Macnica Fuji Electronics Holdings, Inc.		338,550		7,019,116		0.3	%
	Maruwa Co. Ltd.		58,500		6,820,864		0.3	%
	Nippon Electric Glass Co. Ltd.		412,436		8,302,514		0.3	%
	NSD Co. Ltd.		493,860		8,766,683		0.3	%
	Tokyo Seimitsu Co. Ltd.		248,700		8,555,495		0.3	%
	Topcon Corp.		684,300		8,758,475		0.3	%
	Wacom Co. Ltd.		990,000		7,157,879		0.3	%
	Other Securities				311,924,512		11.2	%

TOTAL INFORMATION TECHNOLOGY					413,873,146		15.1	%

MATERIALS — (12.1%)
	ADEKA Corp.		508,800		9,757,863		0.4	%
#	Asahi Holdings, Inc.		464,800		7,377,983		0.3	%
#	Daicel Corp.		1,159,700		7,089,234		0.3	%
#	Kobe Steel Ltd.		1,598,885		6,931,715		0.3	%
	Kureha Corp.		103,950		7,809,820		0.3	%
	Mitsui Mining & Smelting Co. Ltd.		372,700		9,423,959		0.4	%
	UBE Corp		449,400		6,967,857		0.3	%
	Yamato Kogyo Co. Ltd.		261,300		8,432,992		0.3	%
	Other Securities				270,802,423		9.6	%

TOTAL MATERIALS					334,593,846		12.2	%

REAL ESTATE — (1.4%)
	Other Securities				38,176,270		1.4	%

UTILITIES — (1.6%)
	Nippon Gas Co. Ltd.		684,000		9,706,198		0.4	%
	Other Securities				33,636,453		1.2	%

TOTAL UTILITIES					43,342,651		1.6	%

TOTAL COMMON STOCKS (Cost $2,848,640,142)					2,693,255,860		98.5	%


				Value†
SECURITIES LENDING COLLATERAL — (2.1%)
@§	The DFA Short Term Investment Fund		5,113,148		59,143,777		2.2	%

TOTAL INVESTMENTS — (100.0%) (Cost $2,907,781,909)				$	2,752,399,637		100.7	%

165

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 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		—	$	76,576,692		—	$	76,576,692
Consumer Discretionary		—		389,703,906		—		389,703,906
Consumer Staples		—		208,955,771		—		208,955,771
Energy		—		28,477,319		—		28,477,319
Financials	$	3,391,495		241,569,648		—		244,961,143
Health Care		—		125,839,005		—		125,839,005
Industrials		—		788,756,111		—		788,756,111
Information Technology		—		413,873,146		—		413,873,146
Materials		—		334,593,846		—		334,593,846
Real Estate		—		38,176,270		—		38,176,270
Utilities		—		43,342,651		—		43,342,651
Securities Lending Collateral		—		59,143,777		—		59,143,777

TOTAL	$	3,391,495	$	2,749,008,142		—	$	2,752,399,637

See accompanying Notes to Financial Statements.

166

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.6%)
AUSTRALIA — (64.1%)
*	AMP Ltd.		19,595,083	$	15,831,359		1.0	%
#	Ansell Ltd.		532,511		10,199,296		0.6	%
	ARB Corp. Ltd.		521,026		14,441,507		0.9	%
	AUB Group Ltd.		600,321		9,719,664		0.6	%
	Bapcor Ltd.		2,189,248		10,377,622		0.6	%
#	Beach Energy Ltd.		11,412,031		13,011,046		0.8	%
#	Breville Group Ltd.		652,020		10,805,621		0.7	%
	Brickworks Ltd.		486,532		8,081,060		0.5	%
	Challenger Ltd.		2,057,729		10,411,183		0.7	%
#	Champion Iron Ltd.		1,573,976		7,978,815		0.5	%
*	Corporate Travel Management Ltd.		678,798		12,247,274		0.8	%
#	Credit Corp. Group Ltd.		442,571		8,462,623		0.5	%
	CSR Ltd.		3,109,441		13,316,440		0.8	%
	Deterra Royalties Ltd.		2,795,041		9,468,720		0.6	%
	Downer EDI Ltd.		3,840,565		14,859,162		0.9	%
	Elders Ltd.		1,009,369		10,147,308		0.6	%
#*	Flight Centre Travel Group Ltd.		742,646		11,597,764		0.7	%
	GrainCorp Ltd., Class A		1,547,172		11,180,429		0.7	%
	GUD Holdings Ltd.		1,102,137		9,899,822		0.6	%
	Healius Ltd.		3,973,423		12,502,907		0.8	%
	Iluka Resources Ltd.		2,047,759		16,039,888		1.0	%
	Insignia Financial Ltd.		3,939,870		9,470,814		0.6	%
#	InvoCare Ltd.		945,502		8,112,223		0.5	%
	IRESS Ltd.		1,238,548		9,527,574		0.6	%
	Link Administration Holdings Ltd.		2,206,818		7,813,444		0.5	%
	Metcash Ltd.		6,250,669		20,983,314		1.3	%
	nib holdings Ltd.		2,951,426		14,696,382		0.9	%
	Nufarm Ltd.		1,868,539		8,405,996		0.5	%
	Orora Ltd.		5,931,076		16,620,849		1.0	%
*	Paladin Energy Ltd.		14,954,350		8,229,749		0.5	%
#	Perpetual Ltd.		376,124		8,646,990		0.5	%
	Perseus Mining Ltd.		8,114,950		11,292,171		0.7	%
	Reliance Worldwide Corp. Ltd.		3,624,075		9,945,168		0.6	%
	Sandfire Resources Ltd.		2,964,241		11,748,649		0.7	%
	Sims Ltd.		1,144,275		16,544,951		1.0	%
*	Star Entertainment Grp Ltd.		5,123,970		11,317,208		0.7	%
	Super Retail Group Ltd.		1,085,264		8,029,960		0.5	%
	Technology One Ltd.		1,701,660		12,279,588		0.8	%
*	Uniti Group Ltd.		3,117,288		10,764,646		0.7	%
W	Viva Energy Group Ltd.		5,149,577		10,103,475		0.6	%
#*	Webjet Ltd.		2,181,629		9,051,958		0.6	%
	Whitehaven Coal Ltd.		5,290,865		18,169,068		1.1	%
	Other Securities				561,636,082		34.6	%

TOTAL AUSTRALIA					1,043,969,769		64.4	%

CHINA — (0.6%)
	Other Securities				10,059,525		0.6	%

HONG KONG — (20.1%)
	ASM Pacific Technology Ltd.		1,444,600		14,558,364		0.9	%

167

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
HONG KONG — (Continued)
	Kerry Logistics Network Ltd.		4,063,500	$	9,344,595		0.6	%
	Luk Fook Holdings International Ltd.		3,577,000		8,187,430		0.5	%
	Pacific Basin Shipping Ltd.		32,170,000		14,759,938		0.9	%
	PCCW Ltd.		15,297,545		8,667,017		0.5	%
	VTech Holdings Ltd.		1,345,100		9,515,101		0.6	%
	Other Securities				261,266,280		16.2	%

TOTAL HONG KONG					326,298,725		20.2	%

NEW ZEALAND — (4.4%)
	Chorus Ltd.		2,555,962		12,126,093		0.7	%
	SKYCITY Entertainment Group Ltd.		4,337,866		8,103,778		0.5	%
	Other Securities				51,429,018		3.2	%

TOTAL NEW ZEALAND					71,658,889		4.4	%

SINGAPORE — (9.4%)
	Other Securities				152,871,726		9.5	%

UNITED STATES — (0.0%)
	Other Security				6,842		0.0	%

TOTAL COMMON STOCKS					1,604,865,476		99.1	%

PREFERRED STOCKS — (0.0%)
AUSTRALIA — (0.0%)
	Other Securities				77,559		0.0	%

RIGHTS/WARRANTS — (0.0%)
NEW ZEALAND — (0.0%)
	Other Security				17,204		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $1,635,618,883)					1,604,960,239


				Value†
SECURITIES LENDING COLLATERAL — (1.4%)
@§	The DFA Short Term Investment Fund		2,024,502		23,417,415		1.4	%

TOTAL INVESTMENTS — (100.0%) (Cost $1,659,035,173)				$	1,628,377,654		100.5	%

Summary of the Series’ investments as of April 30, 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	$	281,761	$	1,043,683,416	$	4,592	$	1,043,969,769
China		—		10,059,525		—		10,059,525
Hong Kong		—		325,470,341		828,384		326,298,725
New Zealand		—		71,658,889		—		71,658,889
Singapore		—		152,420,010		451,716		152,871,726

168

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
United States		—	$	6,842		—		$	6,842
Preferred Stocks
Australia		—		77,559		—			77,559
Rights/Warrants
New Zealand		—		17,204		—			17,204
Securities Lending Collateral		—		23,417,415		—			23,417,415

TOTAL	$	281,761	$	1,626,811,201	$	1,284,692	^	$	1,628,377,654

^	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.

169

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (98.9%)
COMMUNICATION SERVICES — (3.0%)
	Other Securities			$	44,141,910		3.0	%

CONSUMER DISCRETIONARY — (16.4%)
	Domino’s Pizza Group PLC		3,143,313		13,718,241		0.9	%
*	Frasers Group PLC		1,494,358		12,692,127		0.9	%
	Games Workshop Group PLC		164,324		15,186,474		1.0	%
	Greggs PLC		607,084		17,712,235		1.2	%
	Inchcape PLC		2,415,336		21,611,614		1.5	%
	Pets at Home Group PLC		3,055,257		11,859,296		0.8	%
*	Playtech PLC		1,947,421		12,730,072		0.9	%
	Redrow PLC		1,595,285		10,457,568		0.7	%
	Vistry Group PLC		1,061,012		11,069,620		0.7	%
	Other Securities				116,444,923		7.8	%

TOTAL CONSUMER DISCRETIONARY					243,482,170		16.4	%

CONSUMER STAPLES — (7.8%)
	Britvic PLC		1,634,172		17,511,912		1.2	%
	Cranswick PLC		365,843		14,547,499		1.0	%
	Fevertree Drinks PLC		622,976		14,125,820		1.0	%
	Tate & Lyle PLC		2,254,655		21,914,350		1.5	%
	Other Securities				47,303,409		3.1	%

TOTAL CONSUMER STAPLES					115,402,990		7.8	%

ENERGY — (3.6%)
#*	Capricorn Energy PLC		4,040,365		10,391,979		0.7	%
	Other Securities				43,984,643		3.0	%

TOTAL ENERGY					54,376,622		3.7	%

FINANCIALS — (18.0%)
	Beazley PLC		3,358,915		18,093,125		1.2	%
	Brewin Dolphin Holdings PLC		2,167,134		13,879,789		0.9	%
	Close Brothers Group PLC		900,632		12,488,085		0.8	%
	Hiscox Ltd.		1,601,914		19,021,568		1.3	%
	IG Group Holdings PLC		1,561,319		15,956,794		1.1	%
	Man Group PLC		8,949,619		26,083,909		1.8	%
	OSB Group PLC		1,651,759		11,530,003		0.8	%
	Paragon Banking Group PLC		1,934,045		11,960,621		0.8	%
W	Quilter PLC		9,454,164		15,573,692		1.1	%
	Virgin Money UK PLC		5,891,742		12,782,685		0.9	%
	Other Securities				110,271,533		7.3	%

TOTAL FINANCIALS					267,641,804		18.0	%

HEALTH CARE — (3.7%)
*	Indivior PLC		3,707,178		14,519,206		1.0	%
*	Mediclinic International PLC		2,400,508		11,128,606		0.8	%
	Other Securities				29,404,612		1.9	%

TOTAL HEALTH CARE					55,052,424		3.7	%

170

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (24.8%)
*	Babcock International Group PLC		2,841,630	$	10,849,216		0.7	%
	Balfour Beatty PLC		3,597,022		10,897,937		0.7	%
	Diploma PLC		528,961		18,142,721		1.2	%
	Grafton Group PLC		1,508,314		18,267,582		1.2	%
	Hays PLC		9,077,084		13,941,004		0.9	%
*	JET2 PLC		714,783		10,976,912		0.7	%
*	Meggitt PLC		2,411,365		23,377,981		1.6	%
	Pagegroup PLC		1,975,881		12,090,172		0.8	%
	QinetiQ Group PLC		3,269,929		13,873,054		0.9	%
	Rotork PLC		4,874,552		17,784,931		1.2	%
	Travis Perkins PLC		1,164,039		17,754,417		1.2	%
	Ultra Electronics Holdings PLC		566,936		23,090,245		1.6	%
	Other Securities				177,806,486		12.2	%

TOTAL INDUSTRIALS					368,852,658		24.9	%

INFORMATION TECHNOLOGY — (7.6%)
	Computacenter PLC		502,122		16,871,130		1.1	%
	Oxford Instruments PLC		385,212		11,168,500		0.8	%
	Softcat PLC		629,767		11,122,498		0.7	%
	Spectris PLC		351,072		12,840,073		0.9	%
	Spirent Communications PLC		4,065,908		11,756,096		0.8	%
	Other Securities				49,221,074		3.3	%

TOTAL INFORMATION TECHNOLOGY					112,979,371		7.6	%

MATERIALS — (6.2%)
	Marshalls PLC		1,374,930		10,521,735		0.7	%
	Victrex PLC		546,789		12,468,602		0.8	%
	Other Securities				68,645,499		4.7	%

TOTAL MATERIALS					91,635,836		6.2	%

REAL ESTATE — (3.7%)
	Grainger PLC		4,204,662		15,640,374		1.1	%
*	IWG PLC		4,129,531		12,536,974		0.9	%
	Savills PLC		968,045		13,022,726		0.9	%
	Other Securities				14,652,611		0.9	%

TOTAL REAL ESTATE.					55,852,685		3.8	%

UTILITIES — (4.1%)
*	Centrica PLC		19,338,945		19,160,817		1.3	%
	Drax Group PLC		2,508,511		25,350,257		1.7	%
	Other Securities				16,594,578		1.1	%
TOTAL UTILITIES					61,105,652		4.1	%

TOTAL COMMON STOCKS (Cost $1,394,633,494)					1,470,524,122		99.2	%


				Value†
SECURITIES LENDING COLLATERAL — (1.1%)
@§	The DFA Short Term Investment Fund		1,404,044		16,240,579		1.1	%

TOTAL INVESTMENTS — (100.0%) (Cost $1,410,873,039)				$	1,486,764,701		100.3	%

171

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 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	$	33,855	$	44,108,055		—	$	44,141,910
Consumer Discretionary		—		243,482,170		—		243,482,170
Consumer Staples		—		115,402,990		—		115,402,990
Energy		—		54,376,622		—		54,376,622
Financials		—		267,641,804		—		267,641,804
Health Care		—		55,052,424		—		55,052,424
Industrials		—		368,852,658		—		368,852,658
Information Technology.		—		112,979,371		—		112,979,371
Materials		—		91,635,836		—		91,635,836
Real Estate		—		55,852,685		—		55,852,685
Utilities		—		61,105,652		—		61,105,652
Securities Lending Collateral		—		16,240,579		—		16,240,579

TOTAL	$	33,855	$	1,486,730,846		—	$	1,486,764,701

See accompanying Notes to Financial Statements.

172

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (92.8%)
AUSTRIA — (2.8%)
	Other Securities			$	160,506,334		3.0	%

BELGIUM — (4.5%)
	Ackermans & van Haaren NV		173,765		30,978,157		0.6	%
	D’ieteren Group		191,163		30,684,081		0.6	%
	Elia Group SA		131,492		20,930,676		0.4	%
	Other Securities				173,415,498		3.2	%

TOTAL BELGIUM					256,008,412		4.8	%
DENMARK — (5.4%)
*	ALK-Abello AS		900,060		19,633,670		0.4	%
*	Jyske Bank AS		449,441		24,851,445		0.5	%
	Ringkjoebing Landbobank AS		196,955		24,152,179		0.5	%
	Royal Unibrew AS		306,442		26,412,582		0.5	%
	Topdanmark AS		428,065		24,021,262		0.5	%
	Other Securities.				189,780,693		3.4	%

TOTAL DENMARK					308,851,831		5.8	%

FINLAND — (5.0%)
#	Huhtamaki Oyj		641,769		24,259,030		0.5	%
	Orion Oyj, Class B		656,528		25,750,679		0.5	%
	Valmet Oyj		1,121,391		30,031,725		0.6	%
	Other Securities.				204,188,767		3.7	%

TOTAL FINLAND					284,230,201		5.3	%

FRANCE — (10.3%)
*	Rexel SA		1,917,473		39,278,782		0.7	%
*	SOITEC		135,169		24,213,267		0.5	%
	Sopra Steria Group SACA		119,777		21,227,881		0.4	%
	SPIE SA		880,496		20,723,375		0.4	%
	Other Securities				481,889,600		8.9	%

TOTAL FRANCE					587,332,905		10.9	%

GERMANY — (14.7%)
	Aurubis AG		293,633		33,368,273		0.6	%
	Freenet AG		1,033,574		28,597,160		0.5	%
	GEA Group AG		727,334		28,312,527		0.5	%
	Hugo Boss AG		437,223		24,520,732		0.5	%
*	K+S AG.		1,430,163		48,036,292		0.9	%
	Lanxess AG		588,462		22,747,624		0.4	%
	Rheinmetall AG.		273,843		61,730,803		1.2	%
	TAG Immobilien AG		1,009,676		20,178,819		0.4	%
	Other Securities				572,291,461		10.6	%

TOTAL GERMANY					839,783,691		15.6	%

IRELAND — (1.1%)
*	Bank of Ireland Group PLC		6,339,548		38,422,137		0.7	%

173

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
IRELAND — (Continued)
	Other Securities			$	25,387,080		0.5	%

TOTAL IRELAND					63,809,217		1.2	%

ISRAEL — (4.2%)
	Other Securities				237,965,553		4.4	%

ITALY — (8.1%)
	A2A SpA		11,363,154		19,414,600		0.4	%
#	Banco BPM SpA		10,236,702		32,252,741		0.6	%
	Hera SpA		5,756,195		21,468,258		0.4	%
	Italgas SpA		3,601,793		23,320,427		0.4	%
*	Leonardo SpA		2,772,782		28,535,775		0.5	%
	Reply SpA		149,207		21,965,824		0.4	%
	Other Securities.				315,804,560		5.9	%

TOTAL ITALY					462,762,185		8.6	%

NETHERLANDS — (6.1%)
	Aalberts NV		694,377		33,741,363		0.6	%
	Arcadis NV		537,224		22,414,987		0.4	%
	ASR Nederland NV		898,464		40,834,000		0.8	%
#	BE Semiconductor Industries NV		405,420		24,713,849		0.5	%
*	OCI NV		554,235		21,001,359		0.4	%
W	Signify NV		711,679		30,109,420		0.6	%
	Other Securities				174,246,583		3.2	%

TOTAL NETHERLANDS					347,061,561		6.5	%

NORWAY — (2.2%)
	Other Securities				126,988,719		2.4	%

PORTUGAL — (0.9%)
	Other Securities				47,662,334		0.9	%

SPAIN — (5.5%)
	Banco de Sabadell SA		37,317,194		28,960,910		0.5	%
	Bankinter SA		4,375,395		25,748,650		0.5	%
#	Enagas SA		1,384,738		29,941,750		0.6	%
	Other Securities				229,941,169		4.3	%

TOTAL SPAIN					314,592,479		5.9	%

SWEDEN — (6.9%)
	Other Securities				394,523,316		7.3	%

SWITZERLAND — (15.1%)
	Allreal Holding AG		124,196		23,426,216		0.4	%
	Belimo Holding AG		65,844		32,541,506		0.6	%
	BKW AG		163,517		19,905,116		0.4	%
	Bucher Industries AG		54,706		19,723,414		0.4	%
	DKSH Holding AG		247,560		21,256,721		0.4	%
*	Flughafen Zurich AG		146,313		24,741,333		0.5	%
	Georg Fischer AG		635,020		34,462,594		0.6	%
	Helvetia Holding AG		266,540		34,252,165		0.6	%
	PSP Swiss Property AG.		334,181		42,117,473		0.8	%
	Siegfried Holding AG		32,823		23,794,685		0.4	%

174

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SWITZERLAND — (Continued)
W	VAT Group AG		119,590	$	36,990,557		0.7	%
	Other Securities				544,564,479		10.2	%

TOTAL SWITZERLAND					857,776,259		16.0	%

UNITED STATES — (0.0%)
	Other Security				1,157,878		0.0	%

TOTAL COMMON STOCKS					5,291,012,875		98.6	%

PREFERRED STOCKS — (0.7%)
GERMANY — (0.7%)
	Other Securities				37,433,649		0.7	%

RIGHTS/WARRANTS — (0.0%)
SWITZERLAND — (0.0%)
	Other Security				200,170		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $ 4,490,025,568)					5,328,646,694


				Value†
SECURITIES LENDING COLLATERAL — (6.5%)
@§ The DFA Short Term Investment Fund			32,212,774		372,605,162		6.9	%

TOTAL INVESTMENTS — (100.0%) (Cost $ 4,862,604,541)				$	5,701,251,856		106.2	%

Summary of the Series’ investments as of April 30, 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		—	$	160,506,334		—	$	160,506,334
Belgium	$	525,583		255,482,829		—		256,008,412
Denmark		—		308,851,831		—		308,851,831
Finland		—		284,230,201		—		284,230,201
France		—		587,295,617	$	37,288		587,332,905
Germany		—		839,783,691		—		839,783,691
Ireland		—		63,809,217		—		63,809,217
Israel		634,096		237,331,457		—		237,965,553
Italy		—		462,762,185		—		462,762,185
Netherlands		—		347,061,561		—		347,061,561
Norway		235,678		126,753,041		—		126,988,719
Portugal		—		47,662,334		—		47,662,334
Spain		46,995		314,545,484		—		314,592,479
Sweden		1,046,764		393,476,552		—		394,523,316
Switzerland		—		857,776,259		—		857,776,259
United States		1,157,878		—		—		1,157,878

175

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Preferred Stocks
Germany		—	$	37,433,649		—		$	37,433,649
Rights/Warrants
Switzerland		—		200,170		—			200,170
Securities Lending Collateral		—		372,605,162		—			372,605,162

TOTAL	$	3,646,994	$	5,697,567,574	$	37,288	^	$	5,701,251,856

^	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.

176

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (84.2%)
COMMUNICATION SERVICES — (1.1%)
	Other Securities			$	17,525,488		1.3	%

CONSUMER DISCRETIONARY — (4.5%)
*	Aritzia, Inc.		446,040		15,884,739		1.2	%
	Linamar Corp.		255,634		10,124,670		0.8	%
	Other Securities				45,182,739		3.3	%

TOTAL CONSUMER DISCRETIONARY					71,192,148		5.3	%

CONSUMER STAPLES — (4.0%)
#	Maple Leaf Foods, Inc.		437,346		9,631,042		0.7	%
#	Premium Brands Holdings Corp.		189,209		15,447,196		1.2	%
	Primo Water Corp.		799,922		11,700,101		0.9	%
	Other Securities				26,477,346		1.9	%

TOTAL CONSUMER STAPLES					63,255,685		4.7	%

ENERGY — (21.1%)
*	Advantage Energy Ltd.		1,194,867		9,980,090		0.8	%
#	Birchcliff Energy Ltd.		1,610,417		11,783,692		0.9	%
#	Crescent Point Energy Corp.		2,943,000		20,388,978		1.5	%
	Crescent Point Energy Corp.		346,792		2,399,801		0.2	%
#	Enerplus Corp.		1,294,755		15,863,810		1.2	%
	Enerplus Corp.		28,353		347,041		0.0	%
#	Gibson Energy, Inc.		899,205		17,121,048		1.3	%
*	MEG Energy Corp.		2,167,763		32,567,490		2.4	%
*	NuVista Energy Ltd.		1,111,528		9,483,008		0.7	%
	Paramount Resources Ltd., Class A		402,921		9,741,745		0.7	%
	Parex Resources, Inc.		774,607		15,098,400		1.1	%
#	Parkland Corp.		766,945		21,784,784		1.6	%
#	Peyto Exploration & Development Corp.		965,837		9,841,440		0.7	%
#	PrairieSky Royalty Ltd.		1,124,067		15,426,226		1.2	%
	Vermilion Energy, Inc.		716,524		13,960,686		1.0	%
	Vermilion Energy, Inc.		233,451		4,547,625		0.3	%
#	Whitecap Resources, Inc.		3,102,755		25,432,618		1.9	%
	Other Securities				100,083,162		7.5	%

TOTAL ENERGY					335,851,644		25.0	%

FINANCIALS — (7.8%)
#	Canadian Western Bank		498,863		12,585,646		0.9	%
	CI Financial Corp.		1,010,158		13,171,017		1.0	%
#	ECN Capital Corp.		2,458,149		11,136,440		0.8	%
#	Element Fleet Management Corp.		2,115,548		18,888,674		1.4	%
#	Laurentian Bank of Canada		370,975		11,282,445		0.8	%
	Other Securities				56,307,475		4.3	%

TOTAL FINANCIALS					123,371,697		9.2	%

HEALTH CARE — (1.3%)
	Other Securities				21,113,306		1.6	%

177

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDUSTRIALS — (9.4%)
*	ATS Automation Tooling Systems, Inc.		416,536	$	12,155,789		0.9	%
#*	Bombardier, Inc., Class B		10,608,723		10,405,162		0.8	%
#	Finning International, Inc.		759,413		21,363,940		1.6	%
#	Richelieu Hardware Ltd.		316,493		8,984,937		0.7	%
#	Russel Metals, Inc.		345,023		9,195,958		0.7	%
#	SNC-Lavalin Group, Inc.		796,610		17,716,224		1.3	%
	Other Securities				69,384,493		5.1	%

TOTAL INDUSTRIALS					149,206,503		11.1	%

INFORMATION TECHNOLOGY — (2.0%)
*	Kinaxis, Inc.		88,481		9,791,351		0.7	%
	Other Securities				21,923,929		1.7	%

TOTAL INFORMATION TECHNOLOGY					31,715,280		2.4	%

MATERIALS — (23.2%)
	Alamos Gold, Inc., Class A		2,183,640		16,963,937		1.3	%
	Alamos Gold, Inc., Class A		23,683		183,780		0.0	%
	B2Gold Corp.		284,530		1,207,090		0.1	%
	B2Gold Corp.		3,133,958		13,319,322		1.0	%
#*	Capstone Copper Corp.		2,248,283		10,238,163		0.8	%
	Centerra Gold, Inc.		1,153,585		10,676,938		0.8	%
#	First Majestic Silver Corp.		662,041		6,838,662		0.5	%
#	First Majestic Silver Corp.		540,581		5,567,984		0.4	%
#	Interfor Corp.		350,741		9,998,159		0.7	%
	Intertape Polymer Group, Inc.		300,915		9,310,996		0.7	%
#	Methanex Corp.		214,217		10,737,113		0.8	%
#	Methanex Corp.		126,782		6,359,385		0.5	%
*	OceanaGold Corp.		3,780,713		9,417,570		0.7	%
	SSR Mining, Inc.		847,686		18,647,570		1.4	%
	SSR Mining, Inc.		197,205		4,340,482		0.3	%
	Stella-Jones, Inc.		312,231		8,628,187		0.6	%
*	Turquoise Hill Resources Ltd.		237,010		6,456,152		0.5	%
#*	Turquoise Hill Resources Ltd.		302,769		8,260,668		0.6	%
#	Yamana Gold, Inc.		3,971,672		21,919,709		1.6	%
#	Yamana Gold, Inc.		588,814		3,244,365		0.2	%
	Other Securities				186,756,539		14.0	%

TOTAL MATERIALS					369,072,771		27.5	%

REAL ESTATE — (2.7%)
#	Altus Group Ltd.		244,093		9,141,256		0.7	%
#	Tricon Residential, Inc.		1,181,106		17,091,628		1.3	%
	Other Securities				16,758,905		1.2	%

TOTAL REAL ESTATE					42,991,789		3.2	%

UTILITIES — (7.1%)
	Atco Ltd., Class I		394,442		14,053,330		1.1	%
#	Boralex, Inc., Class A		450,304		13,498,780		1.0	%
#	Brookfield Infrastructure Corp., Class A		214,895		15,247,483		1.1	%
	Capital Power Corp.		724,520		23,811,337		1.8	%
#	Innergex Renewable Energy, Inc.		735,133		9,842,592		0.7	%
	TransAlta Corp.		1,758,255		18,860,198		1.4	%

178

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
UTILITIES — (Continued)
	Other Securities			$	17,239,700		1.3	%

TOTAL UTILITIES					112,553,420		8.4	%

TOTAL COMMON STOCKS					1,337,849,731		99.7	%

RIGHTS/WARRANTS — (0.0%)
ENERGY — (0.0%)
	Other Security				30,898		0.0	%

TOTAL RIGHTS/WARRANTS					30,898		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $1,062,996,162)					1,337,880,629


				Value†
SECURITIES LENDING COLLATERAL — (15.8%)
@§	The DFA Short Term Investment Fund		21,743,347		251,505,294		18.8	%

TOTAL INVESTMENTS — (100.0%) (Cost $1,314,498,672)				$	1,589,385,923		118.5	%

Summary of the Series’ investments as of April 30, 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	$	17,525,488		—		—	$	17,525,488
Consumer Discretionary		71,192,148		—		—		71,192,148
Consumer Staples		63,255,685		—		—		63,255,685
Energy		335,851,644		—		—		335,851,644
Financials		123,371,697		—		—		123,371,697
Health Care		20,512,192	$	601,114		—		21,113,306
Industrials		149,206,503		—		—		149,206,503
Information Technology		31,715,280		—		—		31,715,280
Materials		369,072,771		—		—		369,072,771
Real Estate		42,991,789		—		—		42,991,789
Utilities		112,553,420		—		—		112,553,420
Rights/Warrants
Energy		—		30,898		—		30,898
Securities Lending Collateral		—		251,505,294		—		251,505,294

TOTAL	$	1,337,248,617	$	252,137,306		—	$	1,589,385,923

See accompanying Notes to Financial Statements.

179

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.8%)
BRAZIL — (4.0%)
	Petroleo Brasileiro SA		2,733,556	$	18,489,287		0.4	%
	Petroleo Brasileiro SA, Sponsored ADR		1,074,998		13,190,226		0.3	%
	Vale SA		2,635,313		44,396,724		0.9	%
	Other Securities				126,817,759		2.4	%

TOTAL BRAZIL					202,893,996		4.0	%

CHILE — (0.5%)
	Other Securities				25,679,318		0.5	%

CHINA — (26.6%)
*	Alibaba Group Holding Ltd.		714,100		8,710,362		0.2	%
*	Alibaba Group Holding Ltd., Sponsored ADR		854,378		82,951,560		1.7	%
	Bank of China Ltd., Class H		43,912,181		17,230,369		0.4	%
	China Construction Bank Corp., Class H		57,039,590		40,634,947		0.8	%
	China Merchants Bank Co. Ltd., Class H		2,789,554		16,813,324		0.4	%
	China National Building Material Co. Ltd., Class H		10,930,000		14,545,771		0.3	%
	China Overseas Land & Investment Ltd.		5,735,000		17,717,008		0.4	%
	China Resources Land Ltd.		4,798,666		21,431,862		0.4	%
	Industrial & Commercial Bank of China Ltd., Class H		30,774,185		18,550,872		0.4	%
*	JD.com, Inc., Class A		426,721		13,304,536		0.3	%
	Kweichow Moutai Co. Ltd., Class A		55,993		15,503,206		0.3	%
*W	Meituan, Class B		1,133,000		24,276,106		0.5	%
	NetEase, Inc., ADR		193,704		18,465,802		0.4	%
	Ping An Insurance Group Co. of China Ltd., Class H		4,860,000		30,718,665		0.6	%
	Tencent Holdings Ltd.		3,556,400		167,594,942		3.3	%
*W	Xiaomi Corp., Class B		14,646,400		22,296,774		0.5	%
	Yum China Holdings, Inc.		486,087		20,318,437		0.4	%
	Other Securities				797,037,905		15.5	%

TOTAL CHINA					1,348,102,448		26.8	%

COLOMBIA — (0.2%)
	Other Securities				9,540,573		0.2	%

CZECH REPUBLIC — (0.2%)
	Other Securities				8,864,572		0.2	%

EGYPT — (0.1%)
	Other Securities				2,338,710		0.1	%

GREECE — (0.3%)
	Other Securities				15,140,198		0.3	%

HONG KONG — (0.0%)
	Other Security				14,571		0.0	%

HUNGARY — (0.3%)
	Other Securities				13,143,473		0.3	%

INDIA — (15.3%)
*	Axis Bank Ltd.		1,712,310		16,172,175		0.3	%

180

THE EMERGING MARKETS SERIES

CONTINUED


			Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
*		Bharti Airtel Ltd.		1,493,167	$	14,340,095		0.3	%
		HDFC Bank Ltd.		1,512,827		27,070,773		0.5	%
		Hindalco Industries Ltd.		2,222,008		13,855,144		0.3	%
		Hindustan Unilever Ltd.		489,606		14,289,465		0.3	%
		Housing Development Finance Corp. Ltd.		698,934		20,141,183		0.4	%
		ICICI Bank Ltd.		1,390,129		13,358,901		0.3	%
		Infosys Ltd.		1,779,532		36,076,450		0.7	%
		JSW Steel Ltd.		1,441,825		13,553,598		0.3	%
		Reliance Industries Ltd.		1,478,942		53,767,136		1.1	%
		Tata Consultancy Services Ltd.		572,990		26,417,833		0.5	%
		Tata Steel Ltd.		1,167,525		19,153,937		0.4	%
		Other Securities				506,478,615		10.0	%
	��
TOTAL INDIA						774,675,305		15.4	%

INDONESIA — (2.1%)
		Bank Central Asia Tbk PT		32,282,500		18,106,338		0.4	%
		Other Securities				88,915,461		1.7	%

TOTAL INDONESIA						107,021,799		2.1	%

MALAYSIA — (1.6%)
		Other Securities				82,584,296		1.6	%

MEXICO — (2.2%)
		America Movil SAB de CV		20,743,100		20,228,245		0.4	%
		Other Securities				91,591,195		1.8	%

TOTAL MEXICO						111,819,440		2.2	%

PERU — (0.1%)
		Other Securities				6,540,713		0.1	%

PHILIPPINES — (0.8%)
		Other Securities				40,313,538		0.8	%

POLAND — (0.7%)
		Other Securities				36,712,092		0.7	%

QATAR — (0.9%)
		Qatar National Bank QPSC		2,466,222		15,729,544		0.3	%
		Other Securities				28,264,369		0.6	%

TOTAL QATAR						43,993,913		0.9	%

SAUDI ARABIA — (4.4%)
		Al Rajhi Bank		678,193		31,770,718		0.6	%
		Saudi Basic Industries Corp.		442,004		15,311,750		0.3	%
		Saudi National Bank		1,091,357		22,874,637		0.5	%
		Other Securities				155,464,779		3.1	%

TOTAL SAUDI ARABIA						225,421,884		4.5	%

SOUTH AFRICA — (4.0%)
		MTN Group Ltd.		2,050,540		21,748,016		0.4	%
#*		Sasol Ltd., Sponsored ADR		620,870		15,062,306		0.3	%

181

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
SOUTH AFRICA — (Continued)
	Other Securities			$	166,602,055		3.4	%

TOTAL SOUTH AFRICA					203,412,377		4.1	%

SOUTH KOREA — (12.5%)
	LG Electronics, Inc.		157,679		14,280,524		0.3	%
	Samsung Electronics Co. Ltd.		3,140,501		167,368,431		3.3	%
	SK Hynix, Inc.		372,004		32,598,002		0.7	%
	Other Securities				419,157,540		8.3	%

TOTAL SOUTH KOREA					633,404,497		12.6	%

TAIWAN — (17.1%)
#	China Steel Corp.		11,906,932		14,423,692		0.3	%
	CTBC Financial Holding Co. Ltd.		16,703,175		16,429,559		0.3	%
#	Delta Electronics, Inc.		1,704,486		14,228,342		0.3	%
	Hon Hai Precision Industry Co. Ltd.		5,794,322		19,851,806		0.4	%
	MediaTek, Inc.		799,995		22,054,245		0.4	%
	Taiwan Semiconductor Manufacturing Co. Ltd.		12,971,808		234,564,591		4.7	%
#	United Microelectronics Corp.		9,015,000		14,321,128		0.3	%
	Other Securities				530,794,407		10.5	%

TOTAL TAIWAN					866,667,770		17.2	%

THAILAND — (2.2%)
	Other Securities				113,693,619		2.3	%

TURKEY — (0.5%)
	Other Securities				26,342,292		0.5	%

UNITED ARAB EMIRATES — (1.2%)
	Emirates Telecommunications Group Co. PJSC		1,557,870		14,900,654		0.3	%
	Other Securities				47,434,127		0.9	%

TOTAL UNITED ARAB EMIRATES					62,334,781		1.2	%

UNITED STATES — (0.0%)
	Other Security				1,602,896		0.0	%

TOTAL COMMON STOCKS					4,962,259,071		98.6	%

PREFERRED STOCKS — (0.9%)
BRAZIL — (0.9%)
	Other Securities				44,163,030		0.9	%

CHILE — (0.0%)
	Other Security				887,137		0.0	%

COLOMBIA — (0.0%)
	Other Securities				1,840,599		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				84,571		0.0	%

182

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
TAIWAN — (0.0%)
	Other Security			$	359,906		0.0	%

TOTAL PREFERRED STOCKS					47,335,243		0.9	%

RIGHTS/WARRANTS — (0.0%)
PHILIPPINES — (0.0%)
	Other Security				95		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				22,707		0.0	%

THAILAND — (0.0%)
	Other Securities				2,573		0.0	%

TOTAL RIGHTS/WARRANTS					25,375		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,183,282,795)					5,009,619,689


				Value†
SECURITIES LENDING COLLATERAL — (1.3%)
@§	The DFA Short Term Investment Fund		5,810,913		67,214,830		1.4	%

TOTAL INVESTMENTS — (100.0%) (Cost $3,250,497,307)				$	5,076,834,519		100.9	%

As of April 30, 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		650		06/17/22	$	34,172,679	$	34,365,500	$	192,821

Total Futures Contracts					$	34,172,679	$	34,365,500	$	192,821

Summary of the Series’ investments as of April 30, 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	$	202,893,996		—		—	$	202,893,996
Chile		12,779,847	$	12,899,471		—		25,679,318
China		206,663,795		1,140,791,590	$	647,063		1,348,102,448
Colombia		9,540,573		—		—		9,540,573
Czech Republic		—		8,864,572		—		8,864,572
Egypt		2,305		2,336,405		—		2,338,710
Greece		—		15,128,218		11,980		15,140,198
Hong Kong		—		14,571		—		14,571
Hungary		—		13,143,473		—		13,143,473
India		28,925,610		745,749,695		—		774,675,305

183

THE EMERGING MARKETS SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3			Total
Indonesia		—	$	107,021,799		—		$	107,021,799
Malaysia		—		82,584,296		—			82,584,296
Mexico	$	111,819,440		—		—			111,819,440
Peru		6,540,713		—		—			6,540,713
Philippines		1,235,319		39,078,219		—			40,313,538
Poland		—		36,712,092		—			36,712,092
Qatar		—		43,993,913		—			43,993,913
Saudi Arabia		—		225,421,884		—			225,421,884
South Africa		38,626,435		164,785,942		—			203,412,377
South Korea		7,069,964		626,334,533		—			633,404,497
Taiwan		5,666,386		860,994,345	$	7,039			866,667,770
Thailand		111,360,962		2,332,657		—			113,693,619
Turkey		851,217		25,491,075		—			26,342,292
United Arab Emirates		—		62,334,781		—			62,334,781
United States		1,602,896		—		—			1,602,896
Preferred Stocks
Brazil		44,163,030		—		—			44,163,030
Chile		—		887,137		—			887,137
Colombia		1,840,599		—		—			1,840,599
South Korea		—		84,571		—			84,571
Taiwan		—		359,906		—			359,906
Rights/Warrants
Philippines		—		95		—			95
South Korea		—		22,707		—			22,707
Thailand		—		2,573		—			2,573
Securities Lending Collateral		—		67,214,830		—			67,214,830
Futures Contracts**		192,821		—		—			192,821

TOTAL	$	791,775,908	$	4,284,585,350	$	666,082	^	$	5,077,027,340

**	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.

184

THE EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.1%)
BRAZIL — (4.5%)
	Cia de Locacao das Americas		1,789,285	$	8,526,695		0.2	%
*	Petro Rio SA		2,136,021		11,535,667		0.3	%
	Sao Martinho SA		848,376		7,963,901		0.2	%
	TOTVS SA		1,646,258		10,645,511		0.3	%
	Transmissora Alianca de Energia Eletrica SA		1,387,823		12,345,686		0.3	%
	Other Securities				151,955,382		3.3	%

TOTAL BRAZIL					202,972,842		4.6	%

CHILE — (0.6%)
	Other Securities				25,528,112		0.6	%

CHINA — (23.6%)
#*	51job, Inc., ADR		107,785		6,558,717		0.2	%
	China Conch Venture Holdings Ltd.		2,833,500		7,357,953		0.2	%
	China Everbright Environment Group Ltd.		14,556,000		8,543,968		0.2	%
	China Medical System Holdings Ltd.		5,444,500		7,795,144		0.2	%
	China Meidong Auto Holdings Ltd.		2,234,000		7,352,930		0.2	%
	China Merchants Port Holdings Co. Ltd.		4,340,000		7,576,755		0.2	%
	China Power International Development Ltd.		16,420,333		7,939,489		0.2	%
	China Resources Cement Holdings Ltd.		9,938,000		8,245,921		0.2	%
	China Taiping Insurance Holdings Co. Ltd.		6,435,200		7,357,140		0.2	%
	Chinasoft International Ltd.		9,800,000		7,929,579		0.2	%
#*	GCL Technology Holdings Ltd.		58,918,000		18,611,541		0.4	%
	Hengan International Group Co. Ltd.		2,283,500		10,791,415		0.3	%
*W	Hua Hong Semiconductor Ltd.		1,857,000		7,211,230		0.2	%
#*	JinkoSolar Holding Co. Ltd., ADR		157,507		8,073,809		0.2	%
	Kingboard Holdings Ltd.		2,687,921		12,101,335		0.3	%
	Kingsoft Corp. Ltd.		3,235,800		9,710,660		0.2	%
	Kunlun Energy Co. Ltd.		12,400,000		10,290,595		0.3	%
	Minth Group Ltd.		3,043,000		7,169,932		0.2	%
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		6,234,400		6,641,806		0.2	%
	Sinopharm Group Co. Ltd., Class H		3,968,800		9,132,914		0.2	%
*	Vipshop Holdings Ltd., ADR		1,202,127		9,208,293		0.2	%
#	Xtep International Holdings Ltd.		5,152,141		7,495,417		0.2	%
W	Yadea Group Holdings Ltd.		4,728,000		7,126,492		0.2	%
	Other Securities				859,151,173		18.9	%

TOTAL CHINA					1,059,374,208		24.0	%

COLOMBIA — (0.2%)
	Other Securities				6,861,226		0.2	%

GREECE — (0.3%)
	Other Securities				15,228,543		0.3	%

HONG KONG — (0.0%)
	Other Securities				204,821		0.0	%

HUNGARY — (0.1%)
	Other Securities				2,973,615		0.1	%

185

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDIA — (16.5%)
*	Adani Transmission Ltd.		275,811	$	9,936,284		0.2	%
	Atul Ltd.		56,299		6,514,998		0.2	%
	Crompton Greaves Consumer Electricals Ltd.		1,658,783		8,289,894		0.2	%
	Federal Bank Ltd.		5,370,459		6,683,498		0.2	%
	Indian Hotels Co. Ltd.		2,698,770		8,924,080		0.2	%
	Persistent Systems Ltd.		220,788		12,384,115		0.3	%
	Tata Elxsi Ltd.		97,195		9,727,233		0.2	%
	Tata Power Co. Ltd.		2,644,678		8,286,331		0.2	%
	Tube Investments of India Ltd.		425,653		10,341,778		0.2	%
	Zee Entertainment Enterprises Ltd.		2,035,315		6,529,369		0.2	%
	Other Securities				652,699,627		14.7	%

TOTAL INDIA					740,317,207		16.8	%

INDONESIA — (1.9%)
	Other Securities				84,491,949		1.9	%

MALAYSIA — (1.5%)
	Other Securities				67,555,815		1.5	%

MEXICO — (2.6%)
#W	Banco del Bajio SA		2,633,012		6,477,211		0.2	%
*	Grupo Simec SAB de CV, Class B		959,651		9,499,400		0.2	%
*	Industrias CH SAB de CV, Class B		1,828,929		18,821,213		0.4	%
	Other Securities				80,035,841		1.8	%

TOTAL MEXICO					114,833,665		2.6	%

PHILIPPINES — (1.0%)
	Other Securities				45,363,121		1.0	%

POLAND — (1.0%)
#	Grupa Kety SA		55,668		8,058,846		0.2	%
	Other Securities				35,406,681		0.8	%

TOTAL POLAND					43,465,527		1.0	%

QATAR — (0.7%)
	Other Securities				29,154,527		0.7	%

SAUDI ARABIA — (2.9%)
	Other Securities				130,408,058		3.0	%

SOUTH AFRICA — (4.0%)
	Foschini Group Ltd.		934,267		8,185,367		0.2	%
#	Harmony Gold Mining Co. Ltd., Sponsored ADR		1,627,447		6,656,258		0.2	%
	Mr Price Group Ltd.		493,603		6,690,367		0.2	%
#	SPAR Group Ltd.		617,202		6,474,117		0.2	%
#	Woolworths Holdings Ltd.		2,635,429		9,865,836		0.2	%
	Other Securities				140,335,970		3.0	%

TOTAL SOUTH AFRICA					178,207,915		4.0	%

SOUTH KOREA — (14.7%)
	Other Securities				661,751,332		15.0	%

186

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
TAIWAN — (16.6%)
#	TA Chen Stainless Pipe		6,855,945	$	10,139,976		0.2	%
	Taichung Commercial Bank Co. Ltd.		16,476,089		8,299,544		0.2	%
	Other Securities				727,036,499		16.5	%

TOTAL TAIWAN					745,476,019		16.9	%

THAILAND — (3.1%)
	Other Securities				139,572,888		3.2	%

TURKEY — (0.6%)
	Other Securities				28,571,382		0.6	%

UNITED ARAB EMIRATES — (0.7%)
	Abu Dhabi Islamic Bank PJSC		2,858,039		6,807,305		0.2	%
	Other Securities				26,632,434		0.6	%

TOTAL UNITED ARAB EMIRATES					33,439,739		0.8	%

UNITED KINGDOM — (0.0%)
	Other Security				89,080		0.0	%

TOTAL COMMON STOCKS					4,355,841,591		98.8	%

PREFERRED STOCKS — (0.6%)
BRAZIL — (0.6%)
	Other Securities				26,723,887		0.6	%

CHILE — (0.0%)
	Other Securities				707,265		0.0	%

PHILIPPINES — (0.0%)
	Other Security				562,330		0.0	%

THAILAND — (0.0%)
	Other Security				1,534,063		0.1	%

TOTAL PREFERRED STOCKS					29,527,545		0.7	%

RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
	Other Security				75		0.0	%

HONG KONG — (0.0%)
	Other Securities				26,990		0.0	%

INDIA — (0.0%)
	Other Security				577		0.0	%

MALAYSIA — (0.0%)
	Other Securities				20,432		0.0	%

PHILIPPINES — (0.0%)
	Other Security				98,270		0.0	%

SAUDI ARABIA — (0.0%)
	Other Security				11,261		0.0	%

187

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
THAILAND — (0.0%)
	Other Securities			$	243,844		0.0	%

TURKEY — (0.0%)
	Other Security				30,569		0.0	%

TOTAL RIGHTS/WARRANTS					432,018		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $3,779,834,442)					4,385,801,154


				Value†
SECURITIES LENDING COLLATERAL — (2.3%)
@§	The DFA Short Term Investment Fund		8,758,459		101,309,094		2.3	%

TOTAL INVESTMENTS — (100.0%) (Cost $3,881,129,989)				$	4,487,110,248		101.8	%

As of April 30, 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		594		06/17/22	$	31,610,149	$	31,404,780	$	(205,369	)

Total Futures Contracts					$	31,610,149	$	31,404,780	$	(205,369	)

Summary of the Series’ investments as of April 30, 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	$	201,787,024	$	1,185,818		—	$	202,972,842
Chile		1,441,435		24,086,677		—		25,528,112
China		58,521,736		995,571,340	$	5,281,132		1,059,374,208
Colombia		6,329,027		532,199		—		6,861,226
Greece		—		15,228,543		—		15,228,543
Hong Kong		—		140,392		64,429		204,821
Hungary		—		2,973,615		—		2,973,615
India		806,356		739,500,230		10,621		740,317,207
Indonesia		227,373		83,780,323		484,253		84,491,949
Malaysia		—		67,371,947		183,868		67,555,815
Mexico		108,923,993		5,891,945		17,727		114,833,665
Philippines		—		45,356,977		6,144		45,363,121
Poland		—		43,465,527		—		43,465,527
Qatar		—		29,154,527		—		29,154,527
Saudi Arabia		629,016		129,779,042		—		130,408,058
South Africa		6,958,564		171,249,351		—		178,207,915
South Korea		—		660,748,268		1,003,064		661,751,332
Taiwan		—		745,340,267		135,752		745,476,019
Thailand		136,780,290		2,786,744		5,854		139,572,888

188

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Turkey		—		$	28,571,382		—		$	28,571,382
United Arab Emirates		—			33,439,739		—			33,439,739
United Kingdom		—			89,080		—			89,080
Preferred Stocks
Brazil	$	26,611,455			112,432		—			26,723,887
Chile		—			707,265		—			707,265
Philippines		—			562,330		—			562,330
Thailand		1,534,063			—		—			1,534,063
Rights/Warrants
Brazil		—			75		—			75
Hong Kong		—			26,990		—			26,990
India		—			577		—			577
Malaysia		—			20,432		—			20,432
Philippines		—			98,270		—			98,270
Saudi Arabia		—			11,261		—			11,261
Thailand		—			243,844		—			243,844
Turkey		—			30,569		—			30,569
Securities Lending Collateral		—			101,309,094		—			101,309,094
Futures Contracts**		(205,369	)		—		—			(205,369	)

TOTAL	$	550,344,963		$	3,929,367,072	$	7,192,844	^	$	4,486,904,879

**	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.

189

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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 $771,105, $196,222, $127,460 and $14,707 of securities on loan, respectively)	$	11,671,527	$	2,693,256	$	1,604,961	$	1,470,524
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $803,861, $59,142, $23,416 and $16,240, respectively)		803,847		59,144		23,417		16,241
Segregated Cash for Futures Contracts		7,347		—		—		—
Foreign Currencies at Value		16,337		927		915		1,397
Cash		123,476		2,249		3,641		16
Receivables:
Investment Securities Sold		4,595		1,461		13,674		1,605
Dividends, Interest and Tax Reclaims		102,711		36,898		4,226		10,939
Securities Lending Income		1,048		148		387		7
Unrealized Gain on Foreign Currency Contracts		17		—		—		—
Prepaid Expenses and Other Assets		16		4		2		4

Total Assets		12,730,921		2,794,087		1,651,223		1,500,733

LIABILITIES:
Payables:
Upon Return of Securities Loaned		803,751		59,198		23,430		16,247
Investment Securities Purchased		2,284		268		7,257		1,358
Due to Advisor		2,029		232		140		129
Futures Margin Variation		5,704		—		—		—
Unrealized Loss on Foreign Currency Contracts		2		—		27		—
Accrued Expenses and Other Liabilities		799		357		173		142

Total Liabilities		814,569		60,055		31,027		17,876

NET ASSETS	$	11,916,352	$	2,734,032	$	1,620,196	$	1,482,857

Investment Securities at Cost	$	10,761,379	$	2,848,640	$	1,635,619	$	1,394,633

Foreign Currencies at Cost	$	16,566	$	938	$	923	$	1,401

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

See accompanying Notes to Financial Statements.

190

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(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 $353,630, $223,734, $207,756 and $502,369 of securities on loan, respectively)	$	5,328,647	$	1,337,881	$	5,009,620	$	4,385,801
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $372,579, $251,503, $67,215 and $101,296, respectively)		372,605		251,505		67,215		101,309
Segregated Cash for Futures Contracts		—		—		2,049		1,873
Foreign Currencies at Value		3,862		1,866		2,842		18,400
Cash		6,147		3,008		—		9,742
Receivables:
Investment Securities Sold		1,588		—		176,175		20,168
Dividends, Interest and Tax Reclaims		31,241		1,088		12,110		8,290
Securities Lending Income		701		147		344		1,574
Futures Margin Variation		—		—		153		140
Unrealized Gain on Foreign Currency Contracts		1		—		4		—
Prepaid Expenses and Other Assets		9		2		7		6

Total Assets		5,744,801		1,595,497		5,270,519		4,547,303

LIABILITIES:
Payables:
Due to Custodian		—		—		236		—
Upon Return of Securities Loaned		372,706		251,564		67,263		101,297
Investment Securities Purchased		3,650		2,011		—		—
Due to Advisor		461		117		446		765
Line of Credit		—		—		126,203		—
Unrealized Loss on Foreign Currency Contracts		—		—		247		—
Deferred Taxes Payable		—		—		41,978		34,160
Accrued Expenses and Other Liabilities		478		104		1,137		1,563

Total Liabilities		377,295		253,796		237,510		137,785

NET ASSETS	$	5,367,506	$	1,341,701	$	5,033,009	$	4,409,518

Investment Securities at Cost	$	4,490,026	$	1,062,996	$	3,183,282	$	3,779,834

Foreign Currencies at Cost	$	3,930	$	1,866	$	2,827	$	18,352

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

See accompanying Notes to Financial Statements.

191

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


				The Japanese			The Asia			The United
	The DFA			Small			Pacific Small			Kingdom Small
	International			Company			Company			Company
	Value Series^#			Series^#			Series^#			Series^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $25,690, $5,113, $545 and $125, respectively)	$	261,339		$	45,858		$	27,073		$	33,914
Income from Securities Lending		2,222			812			2,320			41

Total Investment Income		263,561			46,670			29,393			33,955

Expenses
Investment Management Fees		12,132			1,558			856			855
Accounting & Transfer Agent Fees		17			6			4			4
Custodian Fees		433			213			132			50
Shareholders’ Reports		9			8			8			8
Directors’/Trustees’ Fees & Expenses		(55	)		(13	)		(7	)		(8	)
Professional Fees		101			22			11			12
Other		190			53			30			31

Total Expenses		12,827			1,847			1,034			952

Fees Paid Indirectly (Note C)		7			2			—			—

Net Expenses		12,820			1,845			1,034			952

Net Investment Income (Loss)		250,741			44,825			28,359			33,003

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		229,417			28,774			56,601			(16,822	)
Affiliated Investment Companies Shares Sold		78			(11	)		(9	)		(3	)
Futures		6,138			—			349			—
Foreign Currency Transactions		(2,871	)		(1,029	)		364			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,008,288	)		(657,156	)		(246,537	)		(349,674	)
Affiliated Investment Companies Shares		(100	)		(11	)		(4	)		(3	)
Futures		(11,791	)		—			—			—
Translation of Foreign Currency-Denominated Amounts		(4,657	)		(2,007	)		(126	)		(369	)

Net Realized and Unrealized Gain (Loss)		(792,074	)		(631,440	)		(189,362	)		(366,871	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(541,333	)	$	(586,615	)	$	(161,003	)	$	(333,868	)

**	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.

192

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	The
	Continental			The Canadian
	Small			Small			The Emerging			The Emerging
	Company			Company			Markets			Markets Small
	Series^#			Series^#			Series^#			Cap Series^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $10,137, $3,425, $7,128 and $6,003, respectively)	$	62,586		$	27,444		$	65,470		$	39,872
Income from Securities Lending		2,907			891			2,201			9,610

Total Investment Income		65,493			28,335			67,671			49,482

Expenses
Investment Management Fees		3,011			701			2,912			4,874
Accounting & Transfer Agent Fees		9			2			10			9
Custodian Fees		413			39			1,150			1,300
Shareholders’ Reports		8			8			8			8
Directors’/Trustees’ Fees & Expenses		(29	)		(6	)		(25	)		(21	)
Professional Fees		52			14			64			80
Other		98			19			120			117

Total Expenses		3,562			777			4,239			6,367

Fees Paid Indirectly (Note C)		1			—			(2	)		—

Net Expenses		3,561			777			4,241			6,367

Net Investment Income (Loss)		61,932			27,558			63,430			43,115

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		80,712			74,324			135,520			123,146
Affiliated Investment Companies Shares Sold		(49	)		(44	)		(22	)		(22	)
Futures		—			(287	)		(10,174	)		(6,344	)
Foreign Currency Transactions		(1,304	)		159			565			512
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,130,237	)		(104,141	)		(750,276	)		(563,307	)
Affiliated Investment Companies Shares		(2	)		(14	)		(13	)		(2	)
Futures		—			—			1,145			(259	)
Translation of Foreign Currency-Denominated Amounts		(1,794	)		(9	)		(106	)		111

Net Realized and Unrealized Gain (Loss)		(1,052,674	)		(30,012	)		(623,361	)		(446,165	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(990,742	)	$	(2,454	)	$	(559,931	)	$	(403,050	)

**	Net of foreign capital gain taxes withheld of $0, $0, $2,919 and $4,592, respectively.

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

193

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
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	250,741		$	420,963		$	44,825		$	67,580		$	28,359		$	62,661
Net Realized Gain (Loss) on:
Investment Securities Sold,*		229,417			468,390			28,774			106,212			56,601			188,465
Affiliated Investment Companies Shares Sold		78			(27	)		(11	)		4			(9	)		(3	)
Futures		6,138			29,155			—			—			349			—
Foreign Currency Transactions		(2,871	)		4,495			(1,029	)		(32	)		364			(238	)
Change in Unrealized Appreciation
(Depreciation) of:
Investment Securities and Foreign Currency		(1,008,288	)		3,710,810			(657,156	)		204,124			(246,537	)		322,334
Affiliated Investment Companies Shares		(100	)		(30	)		(11	)		(6	)		(4	)		(1	)
Futures		(11,791	)		5,251			—			—			—			—
Translation of Foreign
Currency-Denominated Amounts		(4,657	)		(1,694	)		(2,007	)		(657	)		(126	)		8

Net Increase (Decrease) in Net Assets Resulting from Operations		(541,333	)		4,637,313			(586,615	)		377,225			(161,003	)		573,226

Transactions in Interest:
Contributions		904,496			152,792			43,491			441,236			26,691			105,831
Withdrawals		(744,304	)		(1,974,162	)		(138,988	)		(345,470	)		(68,459	)		(383,104	)

Net Increase (Decrease) from Transactions in Interest		160,192			(1,821,370	)		(95,497	)		95,766			(41,768	)		(277,273	)

Total Increase (Decrease) in Net Assets		(381,141	)		2,815,943			(682,112	)		472,991			(202,771	)		295,953
Net Assets
Beginning of Period		12,297,493			9,481,550			3,416,144			2,943,153			1,822,967			1,527,014

End of Period	$	11,916,352		$	12,297,493		$	2,734,032		$	3,416,144		$	1,620,196		$	1,822,967

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

194

THE DFA INVESTMENT TRUST COMPANY

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
	Six Months			Year			Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021			2022			2021
	(Unaudited)						(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	33,003		$	43,588		$	61,932		$	125,991		$	27,558		$	24,914
Net Realized Gain (Loss) on:
Investment Securities Sold,*		(16,822	)		99,258			80,712			392,015			74,324			167,819
Affiliated Investment Companies Shares Sold		(3	)		1			(49	)		2			(44	)		(11	)
Futures		—			(120	)		—			—			(287	)		42
Foreign Currency Transactions		—			291			(1,304	)		(1,344	)		159			445
Change in Unrealized Appreciation
(Depreciation) of:
Investment Securities and Foreign Currency		(349,674	)		602,698			(1,130,237	)		1,753,296			(104,141	)		390,372
Affiliated Investment Companies Shares		(3	)		(3	)		(2	)		(21	)		(14	)		(6	)
Translation of Foreign Currency-Denominated Amounts		(369	)		25			(1,794	)		(445	)		(9	)		3

Net Increase (Decrease) in Net Assets Resulting from Operations		(333,868	)		745,738			(990,742	)		2,269,494			(2,454	)		583,578

Transactions in Interest:
Contributions		18,595			46,399			175,499			513,046			6,469			164,451
Withdrawals		(99,146	)		(370,643	)		(356,356	)		(845,380	)		(113,722	)		(267,504	)

Net Increase (Decrease) from Transactions in Interest		(80,551	)		(324,244	)		(180,857	)		(332,334	)		(107,253	)		(103,053	)

Total Increase (Decrease) in Net Assets		(414,419	)		421,494			(1,171,599	)		1,937,160			(109,707	)		480,525
Net Assets
Beginning of Period		1,897,276			1,475,782			6,539,105			4,601,945			1,451,408			970,883

End of Period	$	1,482,857		$	1,897,276		$	5,367,506		$	6,539,105		$	1,341,701		$	1,451,408

*	Net of foreign capital gain taxes withheld for the period ended April 30, 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.

195

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	The Emerging Markets						The Emerging Markets
	Series						Small Cap Series
	Six Months			Year			Six Months			Year
	Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Apr 30,			Oct 31,
	2022			2021			2022			2021
	(Unaudited)						(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	63,430		$	157,220		$	43,115		$	134,168
Net Realized Gain (Loss) on:
Investment Securities Sold,*		135,520			399,802			123,146			591,471
Affiliated Investment Companies Shares Sold		(22	)		—			(22	)		(4	)
Futures		(10,174	)		13,167			(6,344	)		5,812
Foreign Currency Transactions		565			(3,699	)		512			(3,794	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(750,276	)		694,801			(563,307	)		925,173
Affiliated Investment Companies Shares		(13	)		(10	)		(2	)		(6	)
Futures		1,145			(990	)		(259	)		(191	)
Translation of Foreign Currency-Denominated Amounts		(106	)		(9	)		111			(6	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(559,931	)		1,260,282			(403,050	)		1,652,623

Transactions in Interest:
Contributions		198,611			553,796			188,768			95,865
Withdrawals		(915,001	)		(1,229,073	)		(504,919	)		(1,526,723	)

Net Increase (Decrease) from Transactions in Interest		(716,390	)		(675,277	)		(316,151	)		(1,430,858	)

Total Increase (Decrease) in Net Assets		(1,276,321	)		585,005			(719,201	)		221,765
Net Assets
Beginning of Period		6,309,330			5,724,325			5,128,719			4,906,954

End of Period	$	5,033,009		$	6,309,330		$	4,409,518		$	5,128,719

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $2,919 and $4,592, 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.

196

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The DFA International Value Series																		The Japanese Small Company Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2020			2019			2018			2017			2022			2021			2020			2019			2018			2017
	(Unaudited)																		(Unaudited)
Total Return		(4.38	%)(B)		51.09	%		(18.68	%)		3.60	%		(8.10	%)		26.53	%		(17.54	%)(B)		13.08	%		(1.93	%)		4.47	%		(7.46	%)		27.10	%

Net Assets, End of Period (thousands)	$	11,916,352		$	12,297,493		$	9,481,550		$	12,420,850		$	12,153,340		$	12,732,150		$	2,734,032		$	3,416,144		$	2,943,153		$	3,748,177		$	3,834,097		$	3,989,049
Ratio of Expenses to Average Net Assets		0.21	%(C)		0.22	%		0.21	%		0.21	%		0.22	%		0.22	%		0.12	%(C)		0.12	%		0.13	%		0.12	%		0.12	%		0.13	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.21	%(C)		0.22	%		0.22	%		0.22	%		0.22	%		0.22	%		0.12	%(C)		0.12	%		0.13	%		0.12	%		0.12	%		0.13	%
Ratio of Net Investment Income to Average Net Assets		4.13	%(C)		3.50	%		2.77	%		3.92	%		3.21	%		3.33	%		2.88	%(C)		2.11	%		2.13	%		2.32	%		1.90	%		1.90	%
Portfolio Turnover Rate		6	%(B)		9	%		12	%		16	%		20	%		17	%		4	%(B)		11	%		5	%		12	%		17	%		13	%

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

See accompanying Notes to Financial Statements.

197

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The Asia Pacific Small Company Series																		The United Kingdom Small Company Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2020			2019			2018			2017			2022			2021			2020			2019			2018			2017
	(Unaudited)																		(Unaudited)
Total Return		(8.88	%)(B)		38.31	%		0.14	%		5.27	%		(8.14	%)		16.21	%		(18.00	%)(B)		51.93	%		(14.87	%)		10.67	%		(8.90	%)		29.87	%

Net Assets, End of Period (thousands)	$	1,620,196		$	1,822,967		$	1,527,014		$	1,641,843		$	1,730,371		$	1,815,705		$	1,482,857		$	1,897,276		$	1,475,782		$	2,277,451		$	2,188,825		$	2,329,912
Ratio of Expenses to Average Net Assets		0.12	%(C)		0.12	%		0.13	%		0.13	%		0.13	%		0.13	%		0.11	%(C)		0.12	%		0.12	%		0.11	%		0.11	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.12	%(C)		0.12	%		0.13	%		0.13	%		0.13	%		0.13	%		0.11	%(C)		0.12	%		0.12	%		0.12	%		0.11	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		3.31	%(C)		3.42	%		4.21	%		4.11	%		3.96	%		3.82	%		3.86	%(C)		2.27	%		2.38	%		3.43	%		3.23	%		3.40	%
Portfolio Turnover Rate		11	%(B)		19	%		18	%		18	%		18	%		14	%		6	%(B)		12	%		9	%		18	%		14	%		9	%

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

See accompanying Notes to Financial Statements.

198

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The Continental Small Company Series																			The Canadian Small Company Series
	Six Months				Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended				Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			��	Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022				2021			2020			2019			2018			2017			2022			2021			2020			2019			2018			2017
	(Unaudited)																			(Unaudited)
Total Return		(15.31	%)(B)			51.24	%		(2.23	%)		8.43	%		(10.78	%)		34.27	%		(0.23	%)(B)		59.72	%		6.02	%		1.00	%		(10.44	%)		12.10	%

Net Assets, End of Period (thousands)	$	5,367,506			$	6,539,105		$	4,601,945		$	5,607,495		$	5,422,260		$	5,751,059		$	1,341,701		$	1,451,408		$	970,883		$	1,148,615		$	1,146,811		$	1,190,222
Ratio of Expenses to Average Net Assets		0.12	%(C)			0.12	%		0.12	%		0.12	%		0.12	%		0.13	%		0.11	%(C)		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.12	%(C)			0.12	%		0.12	%		0.13	%		0.12	%		0.13	%		0.11	%(C)		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%
Ratio of Net Investment Income to Average Net Assets		2.06	%(C)			2.11	%		2.15	%		2.74	%		2.51	%		2.33	%		3.93	%(C)		1.90	%		2.08	%		2.37	%		2.11	%		2.14	%
Portfolio Turnover Rate		5	%(B)			17	%		8	%		17	%		15	%		13	%		7	%(B)		27	%		18	%		12	%		14	%		22	%

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

See accompanying Notes to Financial Statements.

199

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS


	The Emerging Markets Series																		The Emerging Markets Small Cap Series
	Six Months			Year			Year			Year			Year			Year			Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2020			2019			2018			2017			2022			2021			2020			2019			2018			2017
	(Unaudited)																		(Unaudited)
Total Return		(9.32	%)(B)		22.22	%		2.67	%		11.40	%		(11.83	%)		25.26	%		(8.15	%)(B)		36.03	%		1.25	%		13.47	%		(16.06	%)		21.55	%

Net Assets, End of Period (thousands)	$	5,033,009		$	6,309,330		$	5,724,325		$	6,034,162		$	5,469,649		$	6,723,207		$	4,409,518		$	5,128,719		$	4,906,954		$	6,430,367		$	6,306,302		$	7,253,457
Ratio of Expenses to Average Net Assets		0.15	%(C)		0.15	%		0.13	%		0.14	%		0.14	%		0.15	%		0.26	%(C)		0.27	%		0.25	%		0.24	%		0.24	%		0.27	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.15	%(C)		0.15	%		0.14	%		0.15	%		0.14	%		0.15	%		0.26	%(C)		0.27	%		0.26	%		0.25	%		0.24	%		0.27	%
Ratio of Net Investment Income to Average Net Assets		2.18	%(C)		2.42	%		2.38	%		3.04	%		2.40	%		2.23	%		1.77	%(C)		2.47	%		2.64	%		2.90	%		2.77	%		2.78	%
Portfolio Turnover Rate		3	%(B)		19	%		22	%		9	%		12	%		8	%		5	%(B)		16	%		18	%		12	%		12	%		15	%

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

See accompanying Notes to Financial Statements.

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THE DFA INVESTMENT TRUST COMPANY

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940, The Trust consists of ten operational portfolios, eight of which, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are included in this section of the report (collectively, the “Series”). The remaining operational portfolios are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”), Topic 946, “Financial Services-Investment Companies.”

B. Significant Accounting Policies:

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

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

•

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

•

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

•

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

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Series value the securities within the range of the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE). These securities are generally categorized as Level 1 in the hierarchy.

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

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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, the Board of Trustees of the Series has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When a Series uses fair value pricing, the values assigned to the Series’ foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

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 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 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 six months ended April 30, 2022, expenses reduced were as follows (amounts in thousands):


	Fees Paid Indirectly
The DFA International Value Series		$	7
The Japanese Small Company Series			2
The Continental Small Company Series			1
The Emerging Markets Series			(2	)

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 six months ended April 30, 2022, the total related amounts paid by the Trust to the CCO were $9 (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 April 30, 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	$	191
The Japanese Small Company Series		49
The Asia Pacific Small Company Series		25
The United Kingdom Small Company Series		31
The Continental Small Company Series		57
The Canadian Small Company Series		14
The Emerging Markets Series		84
The Emerging Markets Small Cap Series		72

E. Purchases and Sales of Securities:


	Purchases		Sales
The DFA International Value Series	$	1,086,382	$	730,444
The Japanese Small Company Series	$	131,173	$	198,204
The Asia Pacific Small Company Series	$	201,395	$	191,866
The United Kingdom Small Company Series	$	96,579	$	133,757
The Continental Small Company Series	$	277,560	$	404,980
The Canadian Small Company Series	$	102,260	$	172,508
The Emerging Markets Series	$	188,976	$	861,826
The Emerging Markets Small Cap Series	$	235,915	$	538,168

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

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For the six months ended April 30, 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 April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
The DFA International Value Series
The DFA Short Term Investment Fund	$	495,353	$	2,471,530	$	2,163,014	$	78		$	(100	)	$	803,847		69,495	$	446		—

Total	$	495,353	$	2,471,530	$	2,163,014	$	78		$	(100	)	$	803,847		69,495	$	446		—

The Japanese Small Company Series
The DFA Short Term Investment Fund	$	61,490	$	201,942	$	204,266	$	(11	)	$	(11	)	$	59,144		5,113	$	46		—

Total	$	61,490	$	201,942	$	204,266	$	(11	)	$	(11	)	$	59,144		5,113	$	46		—

The Asia Pacific Small Company Series
The DFA Short Term Investment Fund	$	40,607	$	76,095	$	93,272	$	(9	)	$	(4	)	$	23,417		2,025	$	25		—

Total	$	40,607	$	76,095	$	93,272	$	(9	)	$	(4	)	$	23,417		2,025	$	25		—

The United Kingdom Small Company Series
The DFA Short Term Investment Fund	$	15,631	$	53,228	$	52,612	$	(3	)	$	(3	)	$	16,241		1,404	$	13		—

Total	$	15,631	$	53,228	$	52,612	$	(3	)	$	(3	)	$	16,241		1,404	$	13		—

The Continental Small Company Series
The DFA Short Term Investment Fund	$	297,271	$	699,040	$	623,655	$	(49	)	$	(2	)	$	372,605		32,213	$	244	��	—

Total	$	297,271	$	699,040	$	623,655	$	(49	)	$	(2	)	$	372,605		32,213	$	244		—

The Canadian Small Company
Series
The DFA Short Term Investment Fund	$	276,415	$	406,705	$	431,557	$	(44	)	$	(14	)	$	251,505		21,743	$	174		—

Total	$	276,415	$	406,705	$	431,557	$	(44	)	$	(14	)	$	251,505		21,743	$	174		—

The Emerging Markets Series
The DFA Short Term Investment Fund	$	107,885	$	300,429	$	341,064	$	(22	)	$	(13	)	$	67,215		5,811	$	71		—

Total	$	107,885	$	300,429	$	341,064	$	(22	)	$	(13	)	$	67,215		5,811	$	71		—

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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 April 30, 2022		Shares as of April 30, 2022		Dividend Income		Capital Gain Distributions
The Emerging Markets Small Cap Series
The DFA Short Term Investment Fund	$	143,180	$	227,087	$	268,934	$	(22	)	$	(2	)	$	101,309		8,758	$	80		—

Total	$	143,180	$	227,087	$	268,934	$	(22	)	$	(2	)	$	101,309		8,758	$	80		—

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.


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The DFA International Value Series	$	11,637,071	$	2,204,454	$	(1,294,320	)	$	910,134
The Japanese Small Company Series		2,997,056		436,954		(592,336	)		(155,382	)
The Asia Pacific Small Company Series		1,700,696		340,740		(371,397	)		(30,657	)
The United Kingdom Small Company Series		1,434,044		359,094		(283,203	)		75,891
The Continental Small Company Series		4,914,032		1,591,649		(753,001	)		838,648
The Canadian Small Company Series		1,344,314		377,602		(102,715	)		274,887
The Emerging Markets Series		3,279,643		2,242,706		(416,662	)		1,826,044
The Emerging Markets Small Cap Series		4,001,951		1,458,519		(852,547	)		605,972

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

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

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G. Financial Instruments:

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 six months ended April 30, 2022 was as follows (amounts in thousands):


	Futures*
The DFA International Value Series	$	124,540
The Asia Pacific Small Company Series		2,461
The Canadian Small Company Series		1,363
The Emerging Markets Series		33,723

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	Futures*
The Emerging Markets Small Cap Series	$	40,494

*	Average Notional Value of futures contracts

The following is a summary of the Series’ derivative instrument holdings categorized by primary risk exposure as of April 30, 2022 (amounts in thousands):


	Asset Derivatives Value
	Total Value at April 30, 2022		Equity Contracts*,(1)
The Emerging Markets Series	$	193	$	193


	Liability Derivatives Value
	Total Value at April 30, 2022			Equity Contracts*,(2)
The DFA International Value Series	$	(8,776	)	$	(8,776	)
The Emerging Markets Small Cap Series		(205	)		(205	)

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

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

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


	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
The DFA International Value Series	$	6,138		$	6,138
The Asia Pacific Small Company Series		349			349	*
The Canadian Small Company Series		(287	)		(287	)*
The Emerging Markets Series		(10,174	)		(10,174	)
The Emerging Markets Small Cap Series		(6,344	)		(6,344	)


	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
The DFA International Value Series	$	(11,791	)	$	(11,791	)
The Emerging Markets Series		1,145			1,145
The Emerging Markets Small Cap Series		(259	)		(259	)

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

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

*	As of April 30, 2022, there were no futures contracts outstanding. During the six months ended April 30, 2022, the Series had limited activity in futures contracts.

H. Line of Credit and Interfund Lending Program:

For the six months ended April 30, 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 04/30/2022
The DFA International Value Series		0.83	%	$	7,701		10	$	2	$	34,971		—
The Japanese Small Company Series		0.88	%		173		5		—		374		—
The Asia Pacific Small Company Series		0.89	%		216		18		—		837		—
The United Kingdom Small Company Series		0.91	%		1,018		24		1		3,521		—
The Continental Small Company Series		0.90	%		254		11		—		736		—
The Canadian Small Company Series		0.89	%		93		13		—		428		—
The Emerging Markets Series		0.83	%		8,887		10		2		16,316		—
The Emerging Markets Small Cap Series		0.83	%		4,395		2		—		8,774		—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2022, that each Series’ available line of credit was used.

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For the six months ended April 30, 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 04/30/2022
The DFA International Value Series		Borrower		0.44	%	$	49,829		1	$	1	$	49,829		—
The Emerging Markets Series		Borrower		0.69	%		132,838		4		10		147,127	$	126,198

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2022 that the Series’ utilized the interfund lending program.

I. Affiliated Trades:

For the six months ended April 30, 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	$	138,336	$	21,363	$	(1,206	)
The Japanese Small Company Series		8,252		16,720		(2,284	)
The Asia Pacific Small Company Series		6,165		12,438		3,084
The United Kingdom Small Company Series		10,086		14,721		2,977
The Continental Small Company Series		9,141		27,622		9,983
The Canadian Small Company Series		6,283		32,419		10,521
The Emerging Markets Series		496		1,813		316
The Emerging Markets Small Cap Series		94		3,705		(391	)

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J. Securities Lending:

As of April 30, 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	$	28,832
The Japanese Small Company Series		148,795
The Asia Pacific Small Company Series		113,284
The Continental Small Company Series		5,734
The Canadian Small Company Series		6,152
The Emerging Markets Series		151,366
The Emerging Markets Small Cap Series		444,341

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.

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	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and Continuous		<30 days		Between 30 & 90 days		>90 days		Total
Securities Lending Transactions
The DFA International Value Series
Common Stocks	$	803,751		—		—		—	$	803,751
The Japanese Small Company Series
Common Stocks		59,198		—		—		—		59,198
The Asia Pacific Small Company Series
Common Stocks		23,430		—		—		—		23,430
The United Kingdom Small Company Series
Common Stocks		16,247		—		—		—		16,247
The Continental Small Company Series
Common Stocks, Rights/Warrants		372,706		—		—		—		372,706
The Canadian Small Company Series
Common Stocks, Rights/Warrants		251,564		—		—		—		251,564
The Emerging Markets Series
Common Stocks		67,263		—		—		—		67,263
The Emerging Markets Small Cap Series
Common Stocks		101,297		—		—		—		101,297

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.

L. Recently Issued Accounting Standards and Regulations:

212

a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Series are required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Series.

M. Russia and Ukraine Conflict:

N. Other:

O. Subsequent Event Evaluations:

213

RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, The DFA Investment Trust Company (“DFAITC”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Trustees. Trustees were elected by the shareholders of all series of DFAITC, including each of the Series. The results of the voting were as follows:

DFAITC

Proposal: Election of Trustees*


		For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1.	Reena Aggarwal		1,338,053,388		7,752,954		1,345,806,342		99.42	%		0.58	%		100.00	%
2.	David P. Butler		1,310,184,308		35,622,034		1,345,806,342		97.35	%		2.65	%		100.00	%
3.	George M Constantinides		1,293,129,780		52,676,562		1,345,806,342		96.09	%		3.91	%		100.00	%
4.	Douglas W. Diamond		1,309,663,859		36,142,483		1,345,806,342		97.31	%		2.69	%		100.00	%
5.	Darrell Duffie		1,310,016,601		35,789,741		1,345,806,342		97.34	%		2.66	%		100.00	%
6.	Francis A. Longstaff		1,338,492,235		7,314,108		1,345,806,342		99.46	%		0.54	%		100.00	%
7.	Gerard K. O’Reilly		1,310,259,985		35,546,357		1,345,806,342		97.36	%		2.64	%		100.00	%
8.	Abbie J. Smith		1,294,152,136		51,654,207		1,345,806,342		96.16	%		3.84	%		100.00	%
9.	Heather E. Tookes		1,338,526,033		7,280,309		1,345,806,342		99.46	%		0.54	%		100.00	%
10. Ingrid M. Werner			1,310,401,509		35,404,834		1,345,806,342		97.37	%		2.63	%		100.00	%

*	Results are for all series within DFAITC

DIMENSIONAL EMERGING MARKETS VALUE FUND

DISCLOSURE OF FUND EXPENSES

(Unaudited)

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

Actual Fund Return

Hypothetical Example for Comparison Purposes

215


DISCLOSURE OF FUND EXPENSES
CONTINUED
		Six Months Ended April 30, 2022
EXPENSE TABLE


	Beginning Account Value 11/01/21		Ending Account Value 04/30/22		Annualized Expense Ratio (1)			Expenses Paid During Period (1)
Dimensional Emerging Markets Value Fund
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	963.50		0.14	%	$	0.68
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.10		0.14	%	$	0.70

(1)

216

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 March 29, 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).

PORTFOLIO HOLDINGS


Dimensional Emerging Markets Value Fund
Communication Services	3.2	%
Consumer Discretionary	8.4	%
Consumer Staples	3.1	%
Energy	10.7	%
Financials	28.9	%
Health Care	2.3	%
Industrials	9.2	%
Information Technology	11.2	%
Materials	16.2	%
Real Estate	5.2	%
Utilities	1.6	%

	100.0	%

217

DIMENSIONAL EMERGING MARKETS VALUE FUND

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)


		Shares		Value»		Percentage of Net Assets‡
COMMON STOCKS — (97.7%)
BRAZIL — (4.4%)
	Petroleo Brasileiro SA		10,301,883	$	69,680,108		0.6	%
	Petroleo Brasileiro SA, Sponsored ADR		10,372,552		127,271,213		1.1	%
	Petroleo Brasileiro SA, Sponsored ADR		4,446,951		60,345,125		0.5	%
	Vale SA		7,820,890		131,757,392		1.1	%
	Other Securities				150,454,743		1.2	%

TOTAL BRAZIL					539,508,581		4.5	%

CHILE — (0.5%)
	Other Securities				64,248,603		0.5	%

CHINA — (27.3%)
*	Alibaba Group Holding Ltd.		8,685,000		105,936,830		0.9	%
*	Baidu, Inc., Sponsored ADR		858,247		106,568,530		0.9	%
	Bank of China Ltd., Class H		271,691,817		106,607,098		0.9	%
	China Construction Bank Corp., Class H		437,755,101		311,856,299		2.6	%
	China Merchants Bank Co. Ltd., Class H		9,649,000		58,156,884		0.5	%
	China Overseas Land & Investment Ltd.		19,311,000		59,657,044		0.5	%
#	China Resources Land Ltd.		17,952,000		80,177,446		0.7	%
	China Shenhua Energy Co. Ltd., Class H		16,463,000		52,596,889		0.5	%
	Industrial & Commercial Bank of China Ltd., Class H		198,536,996		119,679,351		1.0	%
	PetroChina Co. Ltd., Class H		107,982,000		51,258,396		0.4	%
	Ping An Insurance Group Co. of China Ltd., Class H		23,598,500		149,159,346		1.3	%
*	Trip.com Group Ltd., ADR		1,765,245		41,748,044		0.4	%
	Other Securities				2,088,394,370		16.9	%

TOTAL CHINA					3,331,796,527		27.5	%

COLOMBIA — (0.1%)
	Other Securities				8,120,174		0.1	%

CZECH REPUBLIC — (0.1%)
	Other Securities				14,894,531		0.1	%

GREECE — (0.3%)
	Other Securities				33,786,219		0.3	%

HONG KONG — (0.0%)
	Other Securities				345,595		0.0	%

HUNGARY — (0.2%)
	Other Securities				28,413,411		0.2	%

INDIA — (15.2%)
*	Axis Bank Ltd.		9,124,030		86,173,301		0.7	%
	Hindalco Industries Ltd.		9,428,685		58,791,771		0.5	%
	Housing Development Finance Corp. Ltd.		1,427,059		41,123,563		0.4	%
#	ICICI Bank Ltd., Sponsored ADR		4,024,863		76,633,389		0.6	%
	JSW Steel Ltd.		4,827,498		45,379,964		0.4	%
	Larsen & Toubro Ltd.		2,229,024		49,122,941		0.4	%
	Mahindra & Mahindra Ltd.		3,949,734		47,416,347		0.4	%
	Reliance Industries Ltd.		11,865,020		431,354,404		3.6	%

218

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
INDIA — (Continued)
*	Tata Motors Ltd.		8,275,763	$	46,762,512		0.4	%
	Tata Steel Ltd.		2,485,153		40,770,397		0.4	%
	Other Securities				929,953,653		7.5	%

TOTAL INDIA					1,853,482,242		15.3	%

INDONESIA — (2.0%)
	Other Securities				239,553,841		2.0	%

MALAYSIA — (1.9%)
	Other Securities				235,587,060		1.9	%

MEXICO — (2.3%)
	Grupo Mexico SAB de CV, Class B		9,127,735		42,756,974		0.4	%
	Other Securities				243,136,146		2.0	%

TOTAL MEXICO					285,893,120		2.4	%

PHILIPPINES — (1.0%)
	Other Securities				117,479,057		1.0	%

POLAND — (0.7%)
	Other Securities				92,403,575		0.8	%

QATAR — (0.5%)
	Other Securities				57,862,179		0.5	%

SAUDI ARABIA — (3.6%)
	Riyad Bank		3,674,892		39,825,113		0.3	%
	Saudi Basic Industries Corp.		2,022,703		70,069,781		0.6	%
	Saudi National Bank		2,323,120		48,692,157		0.4	%
	Other Securities				276,603,999		2.3	%

TOTAL SAUDI ARABIA					435,191,050		3.6	%

SOUTH AFRICA — (4.2%)
	Impala Platinum Holdings Ltd.		3,383,984		43,773,240		0.4	%
	MTN Group Ltd.		6,469,932		68,620,063		0.6	%
*	Sasol Ltd.		1,665,381		40,796,692		0.3	%
	Standard Bank Group Ltd.		4,458,510		47,249,087		0.4	%
	Other Securities				308,523,147		2.5	%

TOTAL SOUTH AFRICA					508,962,229		4.2	%

SOUTH KOREA — (12.7%)
	Hana Financial Group, Inc.		1,199,113		44,519,107		0.4	%
	Hyundai Motor Co		370,785		53,796,343		0.5	%
#	KB Financial Group, Inc., ADR		2,179,881		100,100,135		0.8	%
	Kia Corp.		939,529		61,623,939		0.5	%
#	LG Electronics, Inc.		565,137		51,182,798		0.4	%
	POSCO Holdings, Inc., Sponsored ADR		903,713		51,249,564		0.4	%
	Samsung Electronics Co. Ltd.		2,650,847		141,273,034		1.2	%
	SK Hynix, Inc.		906,319		79,419,008		0.7	%
	Other Securities				970,902,186		7.9	%

TOTAL SOUTH KOREA					1,554,066,114		12.8	%

219

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
TAIWAN — (17.2%)
#	Asustek Computer, Inc.		3,664,000	$	44,071,750		0.4	%
	Cathay Financial Holding Co. Ltd.		37,255,459		78,331,907		0.7	%
	China Steel Corp.		58,452,320		70,807,344		0.6	%
	CTBC Financial Holding Co. Ltd.		80,071,073		78,759,419		0.7	%
	Fubon Financial Holding Co. Ltd.		33,386,173		83,829,889		0.7	%
	Hon Hai Precision Industry Co. Ltd.		39,997,192		137,033,559		1.2	%
#	United Microelectronics Corp.		30,424,681		48,332,307		0.4	%
	Other Securities				1,562,090,590		12.7	%

TOTAL TAIWAN					2,103,256,765		17.4	%

THAILAND — (2.1%)
	PTT PCL		47,991,600		52,545,548		0.5	%
	Other Securities				202,231,256		1.6	%

TOTAL THAILAND					254,776,804		2.1	%

TURKEY — (0.6%)
	Other Securities				74,491,634		0.6	%

UNITED ARAB EMIRATES — (0.8%)
	Other Securities				96,575,240		0.8	%

UNITED KINGDOM — (0.0%)
	Other Security				261,403		0.0	%

TOTAL COMMON STOCKS					11,930,955,954		98.6	%

PREFERRED STOCKS — (0.7%)
BRAZIL — (0.6%)
	Petroleo Brasileiro SA		4,448,873		27,247,823		0.2	%
	Other Securities				45,451,286		0.4	%

TOTAL BRAZIL					72,699,109		0.6	%

COLOMBIA — (0.1%)
	Other Securities				5,503,336		0.1	%

PHILIPPINES — (0.0%)
	Other Security				753,241		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				186,209		0.0	%

TAIWAN — (0.0%)
	Other Security				1,497,640		0.0	%

TOTAL PREFERRED STOCKS					80,639,535		0.7	%

RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
	Other Securities				9,298		0.0	%

MALAYSIA — (0.0%)
	Other Security				38,033		0.0	%

220

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


		Shares		Value»		Percentage of Net Assets‡
PHILIPPINES — (0.0%)
	Other Security			$	289,223		0.0	%

SOUTH KOREA — (0.0%)
	Other Security				4,720		0.0	%

THAILAND — (0.0%)
	Other Securities				19,676		0.0	%

TURKEY — (0.0%)
	Other Security				75,369		0.0	%

TOTAL RIGHTS/WARRANTS					436,319		0.0	%

TOTAL INVESTMENT SECURITIES (Cost $9,926,469,161)					12,012,031,808


				Value†
SECURITIES LENDING COLLATERAL — (1.6%)
@§	The DFA Short Term Investment Fund		16,857,106		194,986,147		1.6	%

TOTAL INVESTMENTS — (100.0%) (Cost $10,121,461,759)				$	12,207,017,955		100.9	%

As of April 30, 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		06/17/22	$	35,030,792	$	34,365,500	$	(665,292	)
S&P 500^®Emini Index		239		06/17/22		51,464,228		49,323,625		(2,140,603	)

Total Futures Contracts					$	86,495,020	$	83,689,125	$	(2,805,895	)

Summary of the Fund’s investments as of April 30, 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	$	539,392,039	$	116,542		—	$	539,508,581
Chile		5,082,063		59,166,540		—		64,248,603
China		263,682,479		3,062,260,052	$	5,853,996		3,331,796,527
Colombia		8,120,174		—		—		8,120,174
Czech Republic		—		14,894,531		—		14,894,531
Greece		—		33,786,219		—		33,786,219
Hong Kong		—		343,703		1,892		345,595
Hungary		—		28,413,411		—		28,413,411
India		82,792,570		1,770,655,282		34,390		1,853,482,242
Indonesia		—		239,176,079		377,762		239,553,841
Malaysia		—		235,586,470		590		235,587,060
Mexico		278,367,663		7,525,457		—		285,893,120
Philippines		—		117,465,255		13,802		117,479,057

221

DIMENSIONAL EMERGING MARKETS VALUE FUND

CONTINUED


	Investments in Securities (Market Value)
	Level 1			Level 2		Level 3			Total
Poland		—		$	92,403,575		—		$	92,403,575
Qatar		—			57,862,179		—			57,862,179
Saudi Arabia	$	293,126			434,897,924		—			435,191,050
South Africa		62,377,855			446,584,374		—			508,962,229
South Korea		203,241,160			1,349,859,653	$	965,301			1,554,066,114
Taiwan		22,976,777			2,079,958,509		321,479			2,103,256,765
Thailand		245,678,877			9,097,927		—			254,776,804
Turkey		8,571,190			65,920,444		—			74,491,634
United Arab Emirates		—			96,575,240		—			96,575,240
United Kingdom		—			261,403		—			261,403
Preferred Stocks
Brazil		72,616,169			82,940		—			72,699,109
Colombia		5,503,336			—		—			5,503,336
Philippines		—			753,241		—			753,241
South Korea		—			186,209		—			186,209
Taiwan		—			1,497,640		—			1,497,640
Rights/Warrants
Hong Kong		—			9,298		—			9,298
Malaysia		—			38,033		—			38,033
Philippines		—			289,223		—			289,223
South Korea		—			4,720		—			4,720
Thailand		—			19,676		—			19,676
Turkey		—			75,369		—			75,369
Securities Lending Collateral		—			194,986,147		—			194,986,147
Futures Contracts**		(2,805,895	)		—		—			(2,805,895	)

TOTAL	$	1,795,889,583		$	10,400,753,265	$	7,569,212	^	$	12,204,212,060

**	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.

222

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	Dimensional Emerging Markets Value Fund
ASSETS:
Investment Securities at Value (including $608,567 of securities on loan)*	$	12,012,032
Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $194,993)		194,986
Segregated Cash for Futures Contracts		4,726
Foreign Currencies at Value		86,719
Cash		10,267
Receivables:
Investment Securities Sold		36,507
Dividends, Interest and Tax Reclaims		31,607
Securities Lending Income		1,154

Total Assets		12,377,998

LIABILITIES:
Payables:
Upon Return of Securities Loaned		195,013
Due to Advisor		1,038
Futures Margin Variation		1,710
Deferred Taxes Payable		75,829
Accrued Expenses and Other Liabilities		2,672

Total Liabilities		276,262

NET ASSETS	$	12,101,736

Investment Securities at Cost	$	9,926,469

Foreign Currencies at Cost	$	87,865

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

See accompanying Notes to Financial Statements.

223

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)

(Amounts in thousands)


	Dimensional Emerging Markets Value Fund^#
Investment Income
Dividends (Net of Foreign Taxes Withheld of $16,928)	$	171,887
Income from Securities Lending		6,443

Total Investment Income		178,330

Expenses
Investment Management Fees		6,445
Accounting & Transfer Agent Fees		34
Custodian Fees		2,426
Shareholders’ Reports		9
Directors’/Trustees’ Fees & Expenses		(54	)
Professional Fees		151
Other		290

Total Expenses		9,301

Fees Paid Indirectly (Note C)		1

Net Expenses		9,300

Net Investment Income (Loss)		169,030

Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold**		299,392
Affiliated Investment Companies Shares Sold		27
Futures		(5,541	)
Foreign Currency Transactions		(2,195	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(909,033	)
Affiliated Investment Companies Shares		(57	)
Futures		(3,257	)
Translation of Foreign Currency-Denominated Amounts		(1,052	)

Net Realized and Unrealized Gain (Loss)		(621,716	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(452,686	)

**	Net of foreign capital gain taxes withheld of $6,951.

#	Portion of income is from investment in affiliated fund.

See accompanying Notes to Financial Statements.

224

DIMENSIONAL EMERGING MARKETS VALUE FUND

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)


	Dimensional Emerging Markets Value Fund
	Six Months Ended Apr 30, 2022			Year Ended Oct 31, 2021
	(Unaudited)
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	169,030		$	478,456
Net Realized Gain (Loss) on:
Investment Securities Sold,*		299,392			651,370
Affiliated Investment Companies Shares Sold		27			(2	)
Futures		(5,541	)		40,443
Foreign Currency Transactions		(2,195	)		(4,609	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(909,033	)		3,305,387
Affiliated Investment Companies Shares		(57	)		(21	)
Futures		(3,257	)		840
Translation of Foreign Currency-Denominated Amounts		(1,052	)		12

Net Increase (Decrease) in Net Assets Resulting from Operations		(452,686	)		4,471,876

Transactions in Interest:
Contributions		413,315			568,216
Withdrawals		(1,328,598	)		(4,440,642	)

Net Increase (Decrease) from Transactions in Interest		(915,283	)		(3,872,426	)

Total Increase (Decrease) in Net Assets		(1,367,969	)		599,450
Net Assets
Beginning of Period		13,469,705			12,870,255

End of Period	$	12,101,736		$	13,469,705

*	Net of foreign capital gain taxes withheld for the period ended April 30, 2022 of $6,951.

**	Net of foreign capital gain taxes withheld for the fiscal year ended October 31, 2021 of $12,230.

See accompanying Notes to Financial Statements.

225

DIMENSIONAL EMERGING MARKETS VALUE FUND

FINANCIAL HIGHLIGHTS


	Dimensional Emerging Markets Value Fund
	Six Months			Year			Year			Year			Year			Year
	Ended			Ended			Ended			Ended			Ended			Ended
	Apr 30,			Oct 31,			Oct 31,			Oct 31,			Oct 31,			Oct 31,
	2022			2021			2020			2019			2018			2017
	(Unaudited)
Total Return		(3.61	%)(B)		35.69	%		(9.41	%)		5.24	%		(9.06	%)		24.89	%

Net Assets, End of Period (thousands)	$	12,101,736		$	13,469,705		$	12,870,255		$	17,426,097		$	16,684,907		$	19,612,211
Ratio of Expenses to Average Net Assets		0.14	%(C)		0.14	%		0.14	%		0.13	%		0.14	%		0.16	%
Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly)		0.14	%(C)		0.14	%		0.14	%		0.15	%		0.14	%		0.16	%
Ratio of Net Investment Income to Average Net Assets		2.62	%(C)		3.26	%		3.25	%		2.95	%		2.78	%		2.64	%
Portfolio Turnover Rate		7	%(B)		14	%		20	%		14	%		13	%		14	%

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

See accompanying Notes to Financial Statements.

226

DIMENSIONAL EMERGING MARKETS VALUE FUND

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

A. Organization:

Dimensional Emerging Markets Value Fund (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940. The Fund meets the definition as an investment company and follows the accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Certification (“ASC”) Topic 946, “Financial Services-Investment Companies.” The Fund consists of one series.

B. Significant Accounting Policies:

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

•

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

•

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

•

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

Securities held by the Fund, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note.

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

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

The Fund will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities

227

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, the Board of Trustees of the Fund has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Fund uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

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

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

2. Foreign Currency Translation: Securities and other assets and liabilities of the Fund whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Fund enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Fund does not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized.

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

3. Deferred Compensation Plan: Each eligible Trustee of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the “Plan”). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors’/ Trustees’ Fees & Expenses. As of April 30, 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 $326 (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

228

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 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 six months ended April 30, 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 six months ended April 30, 2022, expenses reduced were the following (amount in thousands):


	Fees Paid Indirectly
Dimensional Emerging Markets Value Fund	$	1

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 six months ended April 30, 2022, the total related amounts paid by the Fund to the CCO were $2 (in thousands) and are included in Other Expenses on the Statement of Operations.

229

D. Purchases and Sales of Securities:

For the six months ended April 30, 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	$	888,417	$	1,676,663

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

For the six months ended April 30, 2022, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.


									Change in
							Net Realized		Unrealized
	Balance at		Purchases		Proceeds		Gain/(Loss)		Appreciation/			Balance at		Shares as of		Dividend		Capital Gain
	October 31, 2021		at Cost		from Sales		on Sales		Depreciation			April 30, 2022		April 30, 2022		Income		Distributions
Dimensional Emerging Markets Value Fund
The DFA Short Term Investment Fund	$	226,407	$	824,458	$	855,849	$	27	$	(57	)	$	194,986		16,857	$	139		—

Total	$	226,407	$	824,458	$	855,849	$	27	$	(57	)	$	194,986		16,857	$	139		—

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.


	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Dimensional Emerging Markets Value Fund	$	10,293,358	$	3,686,635	$	(1,601,079	)	$	2,085,556

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

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

230

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:

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 six months ended April 30, 2022 was as follows (amount in thousands):


	Futures*
Dimensional Emerging Markets Value Fund	$	96,184

*	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 April 30, 2022 (amounts in thousands):


	Liability Derivatives Value
	Total Value at April 30, 2022			Equity Contracts*,(1)
Dimensional Emerging Markets Value Fund	$	(2,806	)	$	(2,806	)

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

231

*	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 six months ended April 30, 2022 (amounts in thousands):


	Realized Gain (Loss) on Derivatives
	Total			Equity Contracts (1)
Dimensional Emerging Markets Value Fund	$	(5,541	)	$	(5,541	)


	Change in Unrealized Appreciation (Depreciation) on Derivatives
	Total			Equity Contracts (2)
Dimensional Emerging Markets Value Fund	$	(3,257	)	$	(3,257	)

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

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

G. Line of Credit and Interfund Lending Program:

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective January 2, 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 a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit agreement expires on January 1, 2023.

232

For the six months ended April 30, 2022, borrowings by the Fund under the lines of credit were as follows (amounts in thousands, except percentages and days):

Weighted

Number of

Interest

Maximum Amount

Outstanding

Average

Days

Expense

Borrowed During

Borrowings

Interest Rate

Loan Balance

Outstanding*

Incurred

the Period

as of 04/30/2022

Dimensional Emerging Markets Value Fund

0.83

216

—

216

—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 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 six months ended April 30, 2022, activity by the Fund under the interfund lending program was as follows (amounts in thousands, except percentages and days):

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 04/30/2022

Dimensional Emerging Markets Value Fund

Borrower

0.44

103,598

—

*	Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2022 that the Fund utilized the interfund lending program.

H. Affiliated Trades:

Cross trades for the six months ended April 30, 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 Investment Company Act of 1940 (the “1940 Act”). Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Fund complied with the Rule 17a-7 Procedures adopted by the Board of Trustees of the Fund.

For the six months ended April 30, 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	$	2,105	$	10,040	$	2,333

233

I. Securities Lending:

As of April 30, 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	$	569,304

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

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


	Remaining Contractual Maturity of the Agreements As of April 30, 2022
	Overnight and				Between
	Continuous		<30 days		30 & 90 days		>90 days		Total
Securities Lending Transactions Dimensional Emerging Markets Value Fund
Common Stocks	$	195,013		—		—		—	$	195,013

234

J. Indemnitees; Contractual Obligations:

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

K. Recently Issued Accounting Standards and Regulations:

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the “Derivatives Rule”) imposes limits on the amount of derivatives contracts the Fund could enter, eliminate the asset segregation framework currently used by the Fund to comply with Section 18 of the 1940 Act, and require funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021 and the Fund is required to comply on August 19, 2022. Management is currently evaluating the effect, if any, the Derivatives Rule will have on the Fund.

L. Russia and Ukraine Conflict:

M. 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.

235

N. Subsequent Event Evaluations:

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

236

RESULTS OF THE SHAREHOLDER MEETING

On December 29, 2021, Dimensional Emerging Markets Value Fund (“DEM”) held a Special Joint Meeting of Shareholders for the purpose of considering and voting upon the election of Trustees. Trustees were elected by the shareholders of DEM. The results of the voting were as follows:

DEM

Proposal: Election of Trustees


		For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1.	Reena Aggarwal		173,033,460		365,674		173,399,134.00		99.79	%		0.21	%		100.00	%
2.	David P. Butler		173,018,486		380,648		173,399,134.00		99.78	%		0.22	%		100.00	%
3.	George M Constantinides		172,705,596		693,538		173,399,134.00		99.60	%		0.40	%		100.00	%
4.	Douglas W. Diamond		173,010,169		388,965		173,399,134.00		99.78	%		0.22	%		100.00	%
5.	Darrell Duffie		173,050,815		348,319		173,399,134.00		99.80	%		0.20	%		100.00	%
6.	Francis A. Longstaff		173,044,151		354,983		173,399,134.00		99.80	%		0.20	%		100.00	%
7.	Gerard K. O’Reilly		173,019,783		379,351		173,399,134.00		99.78	%		0.22	%		100.00	%
8.	Abbie J. Smith		172,734,769		664,365		173,399,134.00		99.62	%		0.38	%		100.00	%
9.	Heather E. Tookes		173,014,750		384,384		173,399,134.00		99.78	%		0.22	%		100.00	%
10. Ingrid M. Werner			172,944,734		454,400		173,399,134.00		99.74	%		0.26	%		100.00	%

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

238

STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

2) Short-term and long-term cash flow projections during both normal and reasonably foreseeable stressed conditions;

3) Holdings of cash and cash equivalents, as well as borrowing arrangements and other funding sources; and

239

STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT PROGRAM

CONTINUED

240

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

At the Board meeting held on December 14-15, 2021 (the “Meeting”), the Boards of Directors of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc., and the Boards of Trustees of The DFA Investment Trust Company and Dimensional Emerging Markets Value Fund (together, the “Board”) considered the continuation of the investment management agreements for each portfolio/series (collectively, the “Funds”) and, if applicable, a Fund’s sub-advisory agreements. For certain Funds, Dimensional Fund Advisors Ltd. or DFAAustralia Limited serves as a sub-advisor. (The investment management agreements and the sub-advisory agreements are referred to as the “Management Agreements,” and the Advisor and sub-advisors are referred to as the “Advisor.”)

241

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS

CONTINUED

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor’s unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor’s profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

242

DFA043022-001SI

00274960

THE DFA SHORT TERM INVESTMENT FUND

SEMI-ANNUAL REPORT

SIX MONTHS ENDED APRIL 30, 2022

(UNAUDITED)

TABLE OF CONTENTS


SCHEDULE OF PORTFOLIO HOLDINGS			3

SCHEDULE OF INVESTMENTS			4

STATEMENT OF ASSETS AND LIABILITIES			7

STATEMENT OF OPERATIONS			8

STATEMENTS OF CHANGES IN NET ASSETS			9

FINANCIAL HIGHLIGHTS			10

NOTES TO FINANCIAL STATEMENTS			11

RESULTS OF THE SHAREHOLDER MEETING			17

SUPPLEMENTAL INFORMATION			18

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT			20

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Portfolio Holdings

April 30, 2022 (Unaudited)

The following table indicates the allocation of investments among the asset classes in the Fund as of April 30, 2022:


Security Allocation	Percent of Investments
Commercial Paper		52.5	%
Yankee Certificates of Deposit		19.0
U.S. Treasury Obligations		14.8
Repurchase Agreements		13.7

Total Investments		100.0	%

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments

April 30, 2022 (Unaudited)


Security Description	Rate	Maturity		Face Amount $		Fair Value $
COMMERCIAL PAPER - 52.5%
(r)++ANZ Banking Group, Ltd.	0.43% (SOFR + 15 bps)		08/10/22		50,000,000		49,988,422
(r)++ANZ Banking Group, Ltd.	0.43% (SOFR + 15 bps)		08/18/22		42,000,000		41,990,164
(r)++ANZ Banking Group, Ltd.	0.47% (SOFR + 19 bps)		10/07/22		75,000,000		74,957,813
(r)++ANZ Banking Group, Ltd.	0.43% (SOFR + 15 bps)		10/18/22		100,000,000		99,908,930
(y)++Archer-Daniels-Midland	0.34%		05/05/22		146,000,000		145,990,827
(r)++Bank of Nova Scotia	0.43% (SOFR + 15 bps)		05/18/22		40,000,000		40,000,569
(y)Banque Et Caisse Epargne	0.55%		05/12/22		13,000,000		12,997,427
(y)++BNG Bank NV	0.75%		05/31/22		125,000,000		124,917,555
(y)++Caisse Des Depots Et Consignations	0.39%		05/04/22		100,000,000		99,993,319
(y)++Caisse Des Depots Et Consignations	0.60%		05/23/22		150,000,000		149,930,100
(r)++Canadian Imperial Bank of Commerce	0.47% (SOFR + 19 bps)		11/04/22		75,000,000		74,924,157
(r)++Commonwealth Bank of Australia	0.43% (SOFR + 15 bps)		05/24/22		50,000,000		49,999,687
(r)++Commonwealth Bank of Australia	0.39% (SOFR + 11 bps)		06/23/22		100,000,000		99,980,386
(r)++Commonwealth Bank of Australia	0.45% (SOFR + 17 bps)		08/12/22		75,000,000		74,967,221
(r)++Commonwealth Bank of Australia	0.46% (SOFR + 18 bps)		09/01/22		75,000,000		74,958,388
(r)++Commonwealth Bank of Australia	0.41% (SOFR + 13 bps)		09/29/22		62,000,000		61,944,490
(y)Cooperatieve Rabobank UA	0.33%		05/04/22		115,000,000		114,994,234
(y)++DNB NOR Bank ASA	0.34%		05/06/22		100,000,000		99,991,833
(y)++DNB NOR Bank ASA	0.45%		05/10/22		100,000,000		99,985,731
(y)++DNB NOR Bank ASA	0.41%		05/12/22		75,000,000		74,986,730
(y)++DNB NOR Bank ASA	0.51%		05/19/22		150,000,000		149,952,333
(y)++Equinor ASA	0.34%		05/02/22		300,000,000		299,990,349
(y)++Erste Abwicklungsanstalt	0.32%		05/10/22		100,000,000		99,984,569
(y)European Investment Bank	0.34%		05/06/22		250,000,000		249,982,015
(y)++FMS Wertmanagement	0.50%		05/13/22		85,000,000		84,980,894
(y)++John Deere Bank SA	0.53%		05/24/22		100,000,000		99,958,542
(y)++John Deere Bank SA	0.69%		06/14/22		100,000,000		99,907,872
(y)++Kimberly-Clark Worldwide	0.48%		05/11/22		44,100,000		44,092,121
(y)++Kreditanstalt Fur Wiederaufbau	0.41%		05/02/22		82,750,000		82,747,490
(y)++Kreditanstalt Fur Wiederaufbau	0.35%		05/05/22		80,000,000		79,994,280
(y)++Kreditanstalt Fur Wiederaufbau	0.35%		05/06/22		35,000,000		34,996,938
(y)++Mizuho Bank, Ltd.	0.65%		05/27/22		32,000,000		31,983,424
(r)++National Australia Bank, Ltd.	0.38% (SOFR + 10 bps)		05/06/22		75,000,000		74,999,374
(r)++National Australia Bank, Ltd.	0.49% (SOFR + 21 bps)		06/03/22		68,000,000		68,001,982
(r)++National Australia Bank, Ltd.	0.68% (SOFR + 40 bps)		01/20/23		125,000,000		124,960,394
(y)++Nederlandse Waterschaps NV	0.50%		05/09/22		200,000,000		199,972,000
(y)++Nestle Capital Corp.	0.50%		05/09/22		38,535,000		38,530,376
(y)++Nestle Capital Corp.	0.47%		05/12/22		98,000,000		97,983,651
(y)++Nestle Finance International, Ltd.	0.60%		05/31/22		200,000,000		199,886,044
(y)++Nordea Bank AB	0.24%		05/02/22		100,000,000		99,996,975
(y)++NRW.Bank	0.42%		05/05/22		150,000,000		149,987,100
(y)++NRW.Bank	0.66%		05/10/22		150,000,000		149,972,042
(y)++NRW.Bank	0.50%		05/16/22		65,000,000		64,978,729
(y)Oesterreich Kontrollbank	0.45%		05/11/22		177,600,000		177,568,861
(y)Oesterreich Kontrollbank	0.60%		05/23/22		29,000,000		28,986,795
(y)Oesterreich Kontrollbank	0.55%		05/31/22		94,000,000		93,938,001
(y)Province of Ontario Canada	0.34%		05/12/22		100,000,000		99,982,775
(y)++Province of Quebec Canada	0.34%		05/12/22		50,000,000		49,991,387
(y)++PSP Capital, Inc.	0.33%		05/06/22		100,000,000		99,991,833
(y)++PSP Capital, Inc.	0.32%		05/09/22		50,000,000		49,993,278
(y)++Roche Holdings, Inc.	0.30%		05/03/22		40,000,000		39,998,484
(r)++Royal Bank of Canada NY	0.41% (SOFR + 13 bps)		06/07/22		75,000,000		74,994,781
(r)++Royal Bank of Canada NY	0.42% (SOFR + 14 bps)		09/16/22		100,000,000		99,930,086
(r)++Royal Bank of Canada NY	0.43% (SOFR + 15 bps)		10/11/22		50,000,000		49,961,109
(r)++Royal Bank of Canada NY	0.83% (SOFR + 55 bps)		05/26/23		35,000,000		35,004,060
(y)++Siemens Capital Co. LLC	0.32%		05/09/22		75,000,000		74,991,062
(y)++Siemens Capital Co. LLC	0.35%		05/12/22		100,000,000		99,982,775
(y)++Skandinaviska Enskilda Banken AB	0.41%		05/04/22		177,000,000		176,990,633
(y)++Skandinaviska Enskilda Banken AB	0.84%		06/16/22		53,700,000		53,639,140
(y)++Skandinaviska Enskilda Banken AB	0.72%		06/21/22		50,000,000		49,935,002
(r)++Svenska Handelsbank, Inc.	0.68% (SOFR + 40 bps)		03/01/23		100,000,000		99,940,700
(y)Swedbank	0.39%		05/02/22		50,000,000		49,998,621
(y)Swedbank	0.39%		05/03/22		100,000,000		99,996,122
(y)Swedbank	0.40%		05/09/22		100,000,000		99,987,694
(r)Swedbank	0.63% (SOFR + 35 bps)		10/20/22		100,000,000		99,984,556
(r)Toronto Dominion Bank NY	0.43%		08/19/22		50,000,000		49,988,015

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments (continued)

April 30, 2022 (Unaudited)


Security Description	Rate	Maturity		Face Amount $		Fair Value $
COMMERCIAL PAPER - 52.5% (continued)
(r)Toronto Dominion Bank NY	0.25%		10/12/22		100,000,000		99,906,546
(y)++Total Capital Canada, Ltd.	0.40%		05/02/22		20,000,000		19,999,373
(y)++Total Capital Canada, Ltd.	0.45%		05/04/22		30,000,000		29,998,279
(y)++Total Capital Canada, Ltd.	0.47%		05/05/22		202,500,000		202,485,454
(y)++Total Capital Canada, Ltd.	0.60%		05/12/22		20,000,000		19,995,342
(y)Toyota Motor Credit Corp.	0.55%		05/09/22		100,000,000		99,985,056
(r)++United Overseas Bank	0.37% (SOFR + 15 bps)		08/10/22		100,000,000		99,952,267
(r)++United Overseas Bank	0.49% (SOFR + 20 bps)		11/28/22		100,000,000		99,886,657
(y)++Wal Mart Stores, Inc.	0.36%		05/02/22		126,750,000		126,746,398
(y)++Wal Mart Stores, Inc.	0.37%		05/09/22		115,000,000		114,985,593
(r)++Westpac Banking Corp.	0.66% (SOFR + 38 bps)		07/18/22		45,000,000		45,008,290
(r)++Westpac Banking Corp.	0.71% (SOFR + 43 bps)		03/29/23		70,000,000		69,999,999

TOTAL COMMERCIAL PAPER (Cost $7,181,053,757)					7,181,935,000		7,179,972,501

YANKEE CERTIFICATES OF DEPOSIT - 19.0%
(r)Bank of Montreal Chicago	0.43% (SOFR + 15 bps)		09/15/22		100,000,000		99,926,732
(r)Bank of Montreal Chicago	0.57% (SOFR + 29 bps)		02/28/23		125,000,000		124,841,704
(r)Bank of Montreal Chicago	0.68% (SOFR + 40 bps)		03/02/23		50,000,000		49,982,977
(r)Bank of Montreal Chicago	1.00% (SOFR + 72 bps)		03/15/23		150,000,000		150,371,654
(r)Bank of Nova Scotia	0.46% (SOFR + 18 bps)		05/06/22		50,000,000		50,001,650
(r)Bank of Nova Scotia	0.45% (SOFR + 17 bps)		09/12/22		40,000,000		39,974,351
(r)Bank of Nova Scotia	0.43% (SOFR + 15 bps)		10/20/22		25,000,000		24,974,186
(r)Bank of Nova Scotia	0.43% (SOFR + 15 bps)		10/24/22		25,000,000		24,973,102
(r)Bank of Nova Scotia	0.46% (SOFR + 18 bps)		11/09/22		100,000,000		99,895,171
(r)Canadian Imperial Bank of Commerce	0.44% (SOFR + 16 bps)		09/07/22		75,000,000		74,968,110
(r)Canadian Imperial Bank of Commerce	0.42% (SOFR + 14 bps)		10/12/22		50,000,000		49,954,435
(r)Canadian Imperial Bank of Commerce	0.53% (SOFR + 25 bps)		02/06/23		50,000,000		49,925,551
(r)Canadian Imperial Bank of Commerce	0.68% (SOFR + 40 bps)		03/01/23		150,000,000		149,941,545
(r)Commonwealth Bank of Australia	0.43% (SOFR + 15 bps)		08/08/22		30,000,000		29,986,126
(r)Commonwealth Bank of Australia	0.84% (SOFR + 57 bps)		11/21/22		50,000,000		50,057,892
(r)Cooperatieve Rabobank UA	0.41% (SOFR + 13 bps)		06/16/22		100,000,000		99,988,003
(r)Cooperatieve Rabobank UA	0.40% (SOFR + 12 bps)		09/02/22		100,000,000		99,933,579
(r)Cooperatieve Rabobank UA	0.46% (SOFR + 18 bps)		10/27/22		100,000,000		99,918,737
(r)Nordea Bank AB	0.44% (SOFR + 16 bps)		08/15/22		50,000,000		49,978,722
(r)Nordea Bank AB	0.77% (SOFR + 49 bps)		09/21/22		100,000,000		100,062,331
(r)Nordea Bank AB	0.44% (SOFR + 16 bps)		10/24/22		100,000,000		99,887,974
(r)Nordea Bank AB	0.51% (SOFR + 23 bps)		02/15/23		75,000,000		74,880,584
(r)Royal Bank of Canada NY	0.43% (SOFR + 15 bps)		08/09/22		70,000,000		69,968,703
(r)Royal Bank of Canada NY	0.43% (SOFR + 15 bps)		10/24/22		100,000,000		99,916,081
(r)Svenska Handelsbank, Inc.	0.44% (SOFR + 16 bps)		08/09/22		75,000,000		74,966,892
(r)Svenska Handelsbank, Inc.	0.53% (SOFR + 25 bps)		12/02/22		100,000,000		99,903,777
(r)Svenska Handelsbank, Inc.	0.71% (SOFR + 43 bps)		12/29/22		100,000,000		100,010,738
(r)Toronto Dominion Bank NY	0.44% (SOFR + 17 bps)		05/25/22		80,000,000		80,000,503
(r)Toronto Dominion Bank NY	0.42%		06/24/22		100,000,000		99,988,283
(r)Westpac Banking Corp.	0.41% (SOFR + 13 bps)		05/09/22		73,000,000		73,001,962
(r)Westpac Banking Corp.	0.41% (SOFR + 13 bps)		07/08/22		75,000,000		74,976,245
(r)Westpac Banking Corp.	0.41% (SOFR + 13 bps)		09/09/22		75,000,000		74,958,480
(r)Westpac Banking Corp.	0.51% (SOFR + 23 bps)		02/16/23		60,000,000		59,903,612

TOTAL YANKEE CERTIFICATES OF DEPOSIT (Cost $2,603,000,824)					2,603,000,000		2,602,020,392

REPURCHASE AGREEMENTS - 13.7%
Barclays Bank PLC (Purchased on 4/30/22, proceeds at maturity $300,007,500, collateralized by various U.S. Treasury Obligations, 0.00% - 2.88%, 8/11/22 - 5/15/28, market value $306,000,085)	0.30%		05/02/22		300,000,000		300,000,000
BofA Securities, Inc. (Purchased on 4/30/22, proceeds at maturity $100,002,250, collateralized by U.S. Treasury Obligation, 0.13%, 4/15/27, market value $102,000,043)	0.27%		05/02/22		100,000,000		100,000,000
Goldman Sachs & Co. LLC (Purchased on 4/30/22, proceeds at maturity $225,005,625, collateralized by various U.S. Treasury Obligations, 2.50% - 3.00%, 6/20/50 - 3/20/51, market value $229,500,000)	0.30%		05/02/22		225,000,000		225,000,000
J.P. Morgan Securities LLC (Purchased on 4/30/22, proceeds at maturity $350,008,750, collateralized by various U.S. Treasury Obligations, 1.50% - 7.50%, 6/15/26 - 1/20/62, market value $357,000,000)	0.30%		05/02/22		350,000,000		350,000,000
Mizuho Securities USA LLC (Purchased on 4/30/22, proceeds at maturity $100,002,333, collateralized by various U.S. Treasury Obligations, 0.13% - 2.88%, 8/31/22 - 11/15/30, market value $102,000,080)	0.28%		05/02/22		100,000,000		100,000,000

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

Schedule of Investments (concluded)

April 30, 2022 (Unaudited)


Security Description	Rate	Maturity		Face Amount $		Fair Value $
REPURCHASE AGREEMENTS - 13.7% (continued)
RBC Dominion Securities Inc. (Purchased on 4/30/22, proceeds at maturity $450,010,500, collateralized by various U.S. Treasury Obligations, 0.00% - 6.00%, 9/22/22 - 8/15/31, market value $459,000,020)	0.28%		05/02/22		450,000,000		450,000,000
TD Securities (USA) LLC (Purchased on 4/30/22, proceeds at maturity $350,008,750, collateralized by various U.S. Government Agency Obligations, 0.00% - 7.25%, 5/4/22 - 9/15/31, market value $357,000,995)	0.30%		05/02/22		350,000,000		350,000,000

TOTAL REPURCHASE AGREEMENTS (Cost $1,875,000,000)					1,875,000,000		1,875,000,000

U.S. TREASURY OBLIGATIONS - 14.8%
(y)U.S. Treasury Bill	0.32%		05/24/22		150,000,000		149,973,647
(y)U.S. Treasury Bill	0.36%		05/26/22		100,000,000		99,978,317
(y)U.S. Treasury Bill	0.37%		05/31/22		150,000,000		149,959,822
(y)U.S. Treasury Bill	0.50%		06/14/22		150,000,000		149,919,824
(y)U.S. Treasury Bill	0.40%		06/16/22		200,000,000		199,888,906
(y)U.S. Treasury Bill	0.48%		06/21/22		150,000,000		149,882,987
(r)U.S. Treasury Note	0.95% (USBMMY3M + 6 bps)		07/31/22		150,000,000		150,075,597
(r)U.S. Treasury Note	0.95% (USBMMY3M + 6 bps)		10/31/22		350,000,000		350,338,740
(r)U.S. Treasury Note	0.94% (USBMMY3M + 5 bps)		01/31/23		150,000,000		150,166,005
(r)U.S. Treasury Note	0.93% (USBMMY3M + 3 bps)		04/30/23		150,000,000		150,182,082
(r)U.S. Treasury Note	0.92% (USBMMY3M + 3 bps)		07/31/23		125,000,000		125,197,866
(r)U.S. Treasury Note	0.88% (USBMMY3M - 1 bps)		01/31/24		200,000,000		200,253,530

TOTAL U.S. TREASURY OBLIGATIONS (Cost $2,024,794,500)					2,025,000,000		2,025,817,323

TOTAL INVESTMENTS (Cost $13,683,849,081) - 100.0%						$	13,682,810,216

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 has deemed this security to be liquid based upon procedures approved by the Board of Trustees. The aggregate value of these securities at April 30, 2022 was $5,801,675,783 which represented 42.0% of the total investments of the Fund.

(r)	The adjustable/variable rate shown is effective as of April 30, 2022.

(y)	The rate shown is the effective yield.

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

STATEMENT OF ASSETS AND LIABILITIES

APRIL 30, 2022 (Unaudited)


ASSETS:
Investments, at value	$	11,807,810,216
Repurchase agreements, at value		1,875,000,000

Total Investments		13,682,810,216

Cash		1,824,029,309
Loans Receivable from Affiliated Fund		126,198,300
Interest receivable		3,312,650
Prepaid expenses		353,025

Total Assets		15,636,703,500

LIABILITIES:
Payable for investments purchased		638,483,260
Distributions payable		4,563,146
Accrued expenses and other payables:
Investment Management Fees		606,543
CCO Fees		2,559
Director/Trustee Fees		520,027
Professional Fees		49,516
Transfer Agent Fees		3,540
Other Expenses		55,385

Total Liabilities		644,283,976

Net Assets	$	14,992,419,524

NET ASSETS CONSIST OF:
Capital	$	14,997,164,626
Total Distributable Earnings (Loss)		(4,745,102	)

NET ASSETS	$	14,992,419,524

Shares of Beneficial Interest (unlimited number of shares authorized, no par value)		1,296,088,002

Net Asset Value (offering and redemption price per share)	$	11.5674	^(a)

Investments at cost	$	13,683,849,081

(a)	Per share amounts may not recalculate due to rounding of net assets and shares outstanding.

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED APRIL 30, 2022

(Unaudited)


INVESTMENT INCOME:
Interest	$	13,444,527

Total Investment Income		13,444,527

EXPENSES:
Investment Management Fees		3,365,998
Administration Fees		189,761
CCO Fees		3,396
Director/Trustee Fees		30,142
Professional Fees		42,982
Transfer Agent Fees		59,730
Other Expenses		94,580

Total Expenses Before Fee Reductions		3,786,589

Fees Paid Indirectly		(189,761	)

Net Expenses		3,596,828

Net Investment Income		9,847,699

REALIZED/UNREALIZED GAINS (LOSSES) FROM INVESTMENTS
Net Realized Losses from Investment Transactions		(136,787	)
Net Change in Unrealized Depreciation on Investments		(1,222,403	)

Net Realized and Unrealized Losses from Investments		(1,359,190	)

CHANGE IN NET ASSETS RESULTING FROM OPERATIONS	$	8,488,509

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

STATEMENTS OF CHANGES IN NET ASSETS


		For the Six Months Ended April 30, 2022			For the Year Ended October 31, 2021
		(Unaudited)
FROM INVESTMENT ACTIVITIES:
OPERATIONS:
Net Investment Income		$	9,847,699		$	6,593,409
Net Realized Gains (Losses) from Investment Transactions			(136,787	)		252,518
Net Change in Unrealized Depreciation on Investments			(1,222,403	)		(1,702,800	)

Change in net assets resulting from operations			8,488,509			5,143,127

DISTRIBUTIONS TO SHAREHOLDERS:
Total Distributions Paid			(10,440,715	)		(6,593,409	)

Change in Net Assets from Distributions to Shareholders			(10,440,715	)		(6,593,409	)

CAPITAL TRANSACTIONS:
Proceeds from Shares Issued			46,423,606,219			74,119,274,573
Dividends Reinvested			838			845
Cost of Shares Redeemed			(43,432,392,533	)		(70,898,717,300	)

Change in Net Assets from Capital Transactions			2,991,214,524			3,220,558,118

Change in Net Assets			2,989,262,318			3,219,107,836
NET ASSETS:	��
Beginning of Period			12,003,157,206			8,784,049,370

End of Period		$	14,992,419,524		$	12,003,157,206

SHARES TRANSACTIONS:
Shares Issued			4,013,257,272			6,406,047,948
Reinvested			12			73
Shares Redeemed			(3,754,650,215	)		(6,127,703,226	)

Change in Shares			258,607,069			278,344,795

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)


	For The Period Ended April 30, 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			For the Year Ended October 31, 2017
	(Unaudited)
NET ASSET VALUE, BEGINNING OF PERIOD	$	11.5695		$	11.5711		$	11.5707		$	11.5703		$	11.5715		$	11.5723

INVESTMENT ACTIVITIES:
Net Investment Income		0.0081			0.0074			0.0888			0.2746			0.2041			0.1090
Net Realized and Unrealized Gain/(Losses) on Investments		(0.0017	)		(0.0017	)		0.0004			0.0004			(0.0012	)		(0.0007	)

Total from Investment Activities		0.0064			0.0057			0.0892			0.2750			0.2029			0.1083

DISTRIBUTIONS TO SHAREHOLDERS FROM:
Net Investment Income		(0.0085	)		(0.0073	)		(0.0888	)		(0.2746	)		(0.2041	)		(0.1091	)
Net Realized Gains		—			—			—			—	^(a)		—	^(a)		—	^(a)

TOTAL DISTRIBUTIONS		(0.0085	)		(0.0073	)		(0.0888	)		(0.2746	)		(0.2041	)		(0.1091	)

Net Asset Value, End of Period	$	11.5674		$	11.5695		$	11.5711		$	11.5707		$	11.5703		$	11.5715

Total Return		0.05	%^(b)		0.05	%		0.77	%		2.41	%		1.77	%		0.94	%
SUPPLEMENTAL DATA:
NET ASSETS, END OF PERIOD (000’s)	$	14,992,420		$	12,003,157		$	8,784,049		$	16,363,197		$	20,777,502		$	25,276,452
Ratios to Average Net Assets:
Net Investment Income^(c)		0.15	%		0.06	%		0.88	%		2.38	%		1.74	%		0.95	%
Gross Expenses^(c)		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%
Net Expenses^(c)(d)		0.05	%		0.06	%		0.05	%		0.05	%		0.05	%		0.05	%

(a)	Amount less than $0.005.

(b)	Not annualized.

(c)	Annualized for periods less than one year.

(d)	Ratio as disclosed reflects the impact of custody fee credits earned by the fund on cash balances.

See Accompanying Notes to Financial Statements.

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements

April 30, 2022 (Unaudited)

A. ORGANIZATION

The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940 (the “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 Certification (“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 in accordance with procedures adopted by the Board. 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.

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.

The following table provides the fair value measurements of the Fund’s investments by level within the fair value hierarchy as of April 30, 2022:


	LEVEL 1 INVESTMENTS IN SECURITIES		LEVEL 2 INVESTMENTS IN SECURITIES		LEVEL 3 INVESTMENTS IN SECURITIES
THE DFA SHORT TERM INVESTMENT FUND
Commercial Paper	$	—	$	7,179,972,501	$	—
Yankee Certificates of Deposit		—		2,602,020,392		—
Repurchase Agreements		—		1,875,000,000		—
U.S. Treasury Obligations		—		2,025,817,323		—

Total Investments	$	—	$	13,682,810,216	$	—

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 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: 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 Director/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 April 30, 2022, the Fund’s total liability of $290,680 for deferred compensation to Trustees is included in the “Director/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.

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.

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (continued)

April 30, 2022 (Unaudited)

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, 2021, attributable to distribution redesignations.

As of April 30, 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	$	13,683,849,081	$	1,593,542	$	(2,632,407	)	$	(1,038,865	)

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, 2020 and October 31, 2021, was as follows:


	Distributions Paid From

	Net Investment Income		Long-Term Capital Gains		Total Distributions Paid
The DFA Short Term Investment Fund
2021	$	7,211,693	$	—	$	7,211,693
2020		132,105,179		—		132,105,179

As of October 31, 2021, 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	$	904,379	$	—	$	904,379	$	(350,023	)	$	(2,810,125	)	$	183,538	$	(2,072,231	)

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 April 30, 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		3		28	%

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. During the fiscal period, interest rates were at or near historic lows, which may increase the Fund’s exposure to the risks associated with rising interest rates. 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. Recent and potential future changes in monetary policy made by central banks and/or their governments may affect interest rates.

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 $500 million, as long as total

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (continued)

April 30, 2022 (Unaudited)

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 six-month period ended April 30, 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 six-month period ended April 30, 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	$	84,050		10		0.57	%	$	12

*	Number of Days Outstanding represents the total of single or consecutive days during the period ended April 30, 2022, that the Fund’s interfund lending program was used.

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 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.

On December 3, 2020, the Securities and Exchange Commission (SEC) adopted new rule 2a-5 (the “Valuation Rule”) under the Investment Company Act of 1940, establishing an updated regulatory framework for fund valuation. The Valuation Rule, in part, provides a framework for good faith fair value determination and permits a Board to designate fair value determinations to a fund’s investment adviser. Further, the SEC is rescinding previously issued guidance on related issues. The Valuation Rule became effective on March 8, 2021, with a compliance date of September 8, 2022. Management is currently evaluating the Valuation Rule and its effect on the Fund.

THE DFA SHORT TERM INVESTMENT FUND

Notes to Financial Statements – (concluded)

April 30, 2022 (Unaudited)

I. RUSSIA AND UKRAINE CONFLICT

As a result of the conflict between Russia and Ukraine that began in February 2022, economic sanctions have been placed on Russia and certain of its citizens. It is uncertain how long that conflict, economic sanctions, and any resulting effect on global markets will continue. Management is currently evaluating the effect of these developments on the Fund.

J. 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.

THE DFA SHORT TERM INVESTMENT FUND

Results of the Shareholder Meeting

April 30, 2022 (Unaudited)

DFAITC

Proposal: Election of Trustees*


	For Vote		Withhold Vote		Total Vote		% For Vote			% Withhold Vote			% Total Vote
1. Reena Aggarwal		1,338,053,388		7,752,954		1,345,806,342		99.42	%		0.58	%		100.00	%
2. David P. Butler		1,310,184,308		35,622,034		1,345,806,342		97.35	%		2.65	%		100.00	%
3. George M Constantinides		1,293,129,780		52,676,562		1,345,806,342		96.09	%		3.91	%		100.00	%
4. Douglas W. Diamond		1,309,663,859		36,142,483		1,345,806,342		97.31	%		2.69	%		100.00	%
5. Darrell Duffie		1,310,016,601		35,789,741		1,345,806,342		97.34	%		2.66	%		100.00	%
6. Francis A. Longstaff		1,338,492,235		7,314,108		1,345,806,342		99.46	%		0.54	%		100.00	%
7. Gerard K. O’Reilly		1,310,259,985		35,546,357		1,345,806,342		97.36	%		2.64	%		100.00	%
8. Abbie J. Smith		1,294,152,136		51,654,207		1,345,806,342		96.16	%		3.84	%		100.00	%
9. Heather E. Tookes		1,338,526,033		7,280,309		1,345,806,342		99.46	%		0.54	%		100.00	%
10. Ingrid M. Werner		1,310,401,509		35,404,834		1,345,806,342		97.37	%		2.63	%		100.00	%

*	Results are for all series within DFAITC

THE DFA SHORT TERM INVESTMENT FUND

Supplemental Information

April 30, 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


		Beginning Account Value 11/1/21		Ending Account Value 4/30/22		Expenses Paid During Period⁽¹⁾ 11/1/21 - 4/30/22		Annualized Expense Ratio During Period 11/1/21 - 4/30/22
The DFA Short Term Investment Fund	Actual	$	1,000.00	$	1,000.50	$	0.27		0.05	%
	Hypothetical		1,000.00		1,024.53		0.27		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 (181), then divided by the number of days in the year (365) to reflect the six-month period.

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 http://us.dimensional.com/about-us/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.

BOARD APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT

At the Board meeting held on December 14-15, 2021 (the “Meeting”), the Board of Trustees of The DFA Investment Trust Company (the “Board”) considered the continuation of the investment management agreement (the “Management Agreement”) for the portfolio (the “Fund”).

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreement. At a Board meeting held on October 29, 2021, the Board discussed the materials provided by the Advisor, the independent reports prepared by Access Data Inc. (the “Access Data Reports”), and issues related to the continuation of the Management Agreement. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Access Data Reports.

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

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

In considering the performance of the Fund, the Board analyzed the Access Data Reports, which compared the performance of the Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of the Fund and its benchmark index, over multiple performance periods, along with the Advisor’s explanation of the performance. The Board concluded that the Advisor’s explanations provided a sound basis for understanding the comparative performance of the Fund. The Board determined, among other things, that after considering the Fund’s investment strategies and the expectations of its shareholder base, the performance of the Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by the Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Access Data Reports. The Board concluded that the effective management fees and total expenses of the Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

The Board considered the profitability of the Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to the Fund. The Board considered the profitability to the Advisor of managing and servicing the Fund and the Advisor’s unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor’s profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

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

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

ITEM 2.

CODE OF ETHICS.

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

ITEM 3.

AUDIT COMMITTEE FINANCIAL EXPERT.

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

ITEM 4.

PRINCIPAL ACCOUNTANT FEES AND SERVICES.

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

ITEM 5.

AUDIT COMMITTEE OF LISTED REGISTRANTS.

This item is not applicable to the Registrant 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

April 30, 2022

(Unaudited)


		Shares		Value†
COMMON STOCKS — (98.4%)
COMMUNICATION SERVICES — (7.9%)
	Activision Blizzard, Inc.		914,042	$	69,101,575
	AT&T, Inc.		21,707,840		409,409,862
*	Charter Communications, Inc., Class A		796		341,078
	Comcast Corp., Class A		13,782,625		547,997,170
# *	DISH Network Corp., Class A		655,458		18,687,108
	Electronic Arts, Inc.		14,953		1,765,202
#	Fox Corp., Class A		1,012,263		36,279,506
	Fox Corp., Class B		398,625		13,250,295
	Interpublic Group of Cos., Inc.		975,627		31,824,953
*	Liberty Broadband Corp., Class A		27,366		2,946,224
*	Liberty Broadband Corp., Class C		255,397		28,558,492
# *	Liberty Media Corp.-Liberty Formula One, Class A		39,281		2,255,515
# *	Liberty Media Corp.-Liberty Formula One, Class C		78,562		4,896,769
*	Liberty Media Corp.-Liberty SiriusXM, Class A		157,126		6,572,581
*	Liberty Media Corp.-Liberty SiriusXM, Class C		358,516		15,014,650
#	Lumen Technologies, Inc.		6,413,688		64,521,701
# *	Madison Square Garden Entertainment Corp.		8,266		605,484
	News Corp., Class A		579,629		11,511,432
	News Corp., Class B		64,856		1,291,283
	Omnicom Group, Inc.		60,652		4,617,437
#	Paramount Global, Class A		2,909		91,779
#	Paramount Global, Class B		1,966,931		57,277,031
*	T-Mobile U.S., Inc.		1,375,885		169,426,479
	Verizon Communications, Inc.		7,271,416		336,666,561
*	Walt Disney Co.		2,075,362		231,672,660
*	Warner Bros Discovery, Inc.		7,788,847		141,367,573
*	Zynga, Inc., Class A		10,500		86,835

TOTAL COMMUNICATION SERVICES					2,208,037,235

CONSUMER DISCRETIONARY — (6.0%)
#	Advance Auto Parts, Inc.		260,851		52,073,685
*	Aptiv PLC		232,008		24,685,651
	Aramark		806,008		29,217,790
	Autoliv, Inc.		311,379		22,942,405
	BorgWarner, Inc.		1,106,571		40,755,010
*	Capri Holdings Ltd.		28,630		1,365,651
# *	CarMax, Inc.		375,975		32,251,136
# *	Carnival Corp.		1,380,879		23,889,207
#	Dick’s Sporting Goods, Inc.		20,800		2,005,536
*	Dollar Tree, Inc.		570,583		92,691,208
	DR Horton, Inc.		2,915,899		202,917,411
	eBay, Inc.		1,566,485		81,331,901
	Ford Motor Co.		7,664,173		108,524,690
	Garmin Ltd.		539,512		59,206,047
*	General Motors Co.		4,580,910		173,662,298
	Gentex Corp.		998,057		29,292,973
	Genuine Parts Co.		7,025		913,601
#	Hasbro, Inc.		36,378		3,203,447
# *	Hyatt Hotels Corp., Class A		135,848		12,900,126
	Lear Corp.		354,145		45,309,311
	Lennar Corp., Class A		1,101,303		84,238,666
#	Lennar Corp., Class B		37,985		2,476,622
#	Lithia Motors, Inc.		108,700		30,776,231

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
CONSUMER DISCRETIONARY — (Continued)
	LKQ Corp.		1,704,698	$	84,604,162
	MGM Resorts International		1,571,958		64,513,156
# *	Mohawk Industries, Inc.		537,937		75,881,393
#	Newell Brands, Inc.		423,698		9,808,609
*	Norwegian Cruise Line Holdings Ltd.		89,903		1,800,757
	PulteGroup, Inc.		2,270,502		94,816,164
#	Qurate Retail, Inc., Class A		63,525		267,440
	Ralph Lauren Corp.		234,179		24,434,237
# *	Royal Caribbean Cruises Ltd.		573,904		44,609,558
	Tapestry, Inc.		359,369		11,830,428
#	Toll Brothers, Inc.		50,066		2,321,560
#	Whirlpool Corp.		492,212		89,346,322

TOTAL CONSUMER DISCRETIONARY					1,660,864,389

CONSUMER STAPLES — (6.7%)
	Archer-Daniels-Midland Co.		1,132,777		101,451,508
# *	BellRing Brands, Inc.		100,936		2,163,059
	Bunge Ltd.		586,403		66,333,907
#	Campbell Soup Co.		75,842		3,581,259
	Conagra Brands, Inc.		713,685		24,929,017
	Constellation Brands, Inc., Class A		304,615		74,962,705
*	Darling Ingredients, Inc.		496,900		36,467,491
	General Mills, Inc.		2,009,243		142,113,757
	Hormel Foods Corp.		256,836		13,455,638
	Ingredion, Inc.		6,180		525,980
#	J M Smucker Co.		671,754		91,983,275
	Keurig Dr Pepper, Inc.		148,700		5,561,380
	Kraft Heinz Co.		921,270		39,273,740
	Kroger Co.		3,344,736		180,481,955
#	McCormick & Co., Inc.		34,185		3,437,986
#	Molson Coors Beverage Co., Class B		452,391		24,492,449
	Mondelez International, Inc., Class A		3,256,041		209,949,524
*	Pilgrim’s Pride Corp.		6,211		176,082
*	Post Holdings, Inc.		79,616		5,922,634
	Seaboard Corp.		13		54,925
	Tyson Foods, Inc., Class A		1,703,838		158,729,548
*	U.S. Foods Holding Corp.		810,698		30,498,459
	Walgreens Boots Alliance, Inc.		2,588,255		109,742,012
	Walmart, Inc.		3,565,991		545,560,963

TOTAL CONSUMER STAPLES					1,871,849,253

ENERGY — (11.6%)
	Baker Hughes Co.		835,609		25,920,591
	Cabot Oil & Gas Corp.		98,982		2,849,692
	Chevron Corp.		3,426,054		536,759,880
	ConocoPhillips		5,239,620		500,488,502
	Continental Resources, Inc.		7,637		424,388
	Devon Energy Corp.		1,255,473		73,030,864
	Diamondback Energy, Inc.		5,037		635,821
	EOG Resources, Inc.		1,171,923		136,833,730
	Exxon Mobil Corp.		8,006,417		682,547,049
	Halliburton Co.		1,791,236		63,803,826
	Hess Corp.		1,054,481		108,685,357
*	HF Sinclair Corp.		392		14,904
	Kinder Morgan, Inc.		4,353,789		79,021,270
	Marathon Oil Corp.		61,769		1,539,283
	Marathon Petroleum Corp.		1,362,907		118,927,265
#	NOV, Inc.		23,459		425,312

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
ENERGY — (Continued)
	Occidental Petroleum Corp.		3,835,861	$	211,317,583
	ONEOK, Inc.		1,043,234		66,068,009
	Phillips 66.		938,504		81,424,607
	Pioneer Natural Resources Co		483,420		112,380,647
	Schlumberger NV.		4,645,370		181,215,884
	Targa Resources Corp.		438,261		32,172,740
	Valero Energy Corp.		903,791		100,754,621
	Williams Cos., Inc.		3,732,198		127,977,069

TOTAL ENERGY.					3,245,218,894

FINANCIALS — (19.2%)
	Aflac, Inc.		1,552,844		88,946,904
*	Alleghany Corp.		32,173		26,912,715
	Allstate Corp.		879,506		111,292,689
	Ally Financial, Inc.		2,929,513		117,063,340
	American Financial Group, Inc.		324,322		44,912,111
	American International Group, Inc.		1,394,312		81,581,195
	Apollo Global Management, Inc.		140,892		7,010,786
*	Arch Capital Group Ltd.		522,976		23,884,314
	Assurant, Inc.		225,564		41,025,580
	Axis Capital Holdings Ltd.		3,443		197,387
	Bank of America Corp.		8,459,338		301,829,180
	Bank of New York Mellon Corp.		2,367,972		99,596,902
*	Berkshire Hathaway, Inc., Class B		1,865,663		602,291,986
#	BOK Financial Corp.		6,114		507,034
	Capital One Financial Corp.		1,481,334		184,603,843
	Charles Schwab Corp.		3,700		245,421
	Chubb Ltd.		588,566		121,509,451
	Citigroup, Inc.		4,211,758		203,048,853
	Citizens Financial Group, Inc.		925,776		36,475,574
	CNA Financial Corp.		188,355		8,935,561
	Comerica, Inc.		155,103		12,702,936
	East West Bancorp, Inc.		105,524		7,523,861
	Equitable Holdings, Inc.		10,374		299,082
	Everest Re Group Ltd.		89,259		24,520,340
	Fidelity National Financial, Inc.		33,039		1,315,613
	Fifth Third Bancorp		4,059,593		152,356,525
	First Horizon Corp.		75,600		1,691,928
#	Franklin Resources, Inc.		55,372		1,361,597
	Goldman Sachs Group, Inc.		1,053,078		321,704,798
	Hartford Financial Services Group, Inc.		2,301,121		160,917,392
#	Huntington Bancshares, Inc.		3,232,098		42,502,089
#	Invesco Ltd.		245,316		4,508,908
#	Jefferies Financial Group, Inc.		303,442		9,333,876
	JPMorgan Chase & Co.		5,744,861		685,706,609
	KeyCorp.		3,705,439		71,552,027
	Lincoln National Corp.		402,639		24,218,736
	Loews Corp.		912,236		57,324,910
	M&T Bank Corp.		214,257		35,703,787
*	Markel Corp.		1,271		1,720,019
	MetLife, Inc.		948,349		62,287,562
	Morgan Stanley		3,447,111		277,802,676
	Northern Trust Corp.		7,507		773,596
#	Old Republic International Corp.		748,155		16,466,892
	PNC Financial Services Group, Inc.		1,100,011		182,711,827
#	Principal Financial Group, Inc.		1,640,730		111,799,342
#	Prosperity Bancshares, Inc.		10,200		666,876
	Prudential Financial, Inc.		708,192		76,845,914
	Raymond James Financial, Inc.		2,229		217,238

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
FINANCIALS — (Continued)
	Regions Financial Corp.		5,577,353	$	115,562,754
	Reinsurance Group of America, Inc.		761		81,671
	RenaissanceRe Holdings Ltd.		3,923		563,029
	Signature Bank		400		96,900
	State Street Corp.		482,583		32,318,584
	Synchrony Financial		1,231,284		45,323,564
	Synovus Financial Corp.		13,039		541,640
	Travelers Cos., Inc.		1,136,535		194,415,677
	Truist Financial Corp.		2,893,413		139,896,519
	U.S. Bancorp		1,398,004		67,887,074
	Unum Group		30,296		924,634
	Wells Fargo & Co.		5,597,864		244,234,806
	WR Berkley Corp.		181,956		12,098,254
	Zions Bancorp NA		744,970		42,098,255

TOTAL FINANCIALS					5,344,451,143

HEALTH CARE — (16.6%)
	Abbott Laboratories		290,207		32,938,494
	AbbVie, Inc.		6,916		1,015,822
	Anthem, Inc.		786,917		394,977,250
	Baxter International, Inc.		706,909		50,232,953
	Becton Dickinson & Co.		219,415		54,237,194
*	Biogen, Inc.		479,729		99,514,984
*	Bio-Rad Laboratories, Inc., Class A		28,609		14,649,525
*	Boston Scientific Corp.		50,481		2,125,755
	Bristol-Myers Squibb Co.		4,561,315		343,330,180
*	Catalent, Inc.		24,420		2,211,475
*	Centene Corp.		1,087,849		87,626,237
	Cerner Corp.		330,250		30,924,610
*	Change Healthcare, Inc.		290,410		6,842,060
	Cigna Corp.		1,001,524		247,156,093
	Cooper Cos., Inc.		6,954		2,510,672
	CVS Health Corp.		4,319,030		415,188,354
	Danaher Corp.		975,510		244,979,826
*	DaVita, Inc.		138,893		15,051,834
	DENTSPLY SIRONA, Inc.		322,766		12,907,412
# *	Elanco Animal Health, Inc.		80,232		2,030,672
# *	Embecta Corp.		43,883		1,335,360
# *	Envista Holdings Corp.		11,130		440,971
	Gilead Sciences, Inc.		2,088,294		123,919,366
*	Henry Schein, Inc.		212,926		17,268,299
*	Hologic, Inc.		133,759		9,629,310
	Humana, Inc.		442,707		196,809,824
*	Jazz Pharmaceuticals PLC		216,185		34,637,161
*	Laboratory Corp. of America Holdings		750,531		180,337,589
	McKesson Corp.		123,372		38,197,205
	Medtronic PLC		1,794,733		187,298,336
	Merck & Co., Inc.		67,073		5,948,704
#	PerkinElmer, Inc.		121,202		17,769,425
	Perrigo Co. PLC		16,298		559,021
	Pfizer, Inc.		17,075,357		837,887,768
	Quest Diagnostics, Inc.		971,775		130,062,366
*	Regeneron Pharmaceuticals, Inc.		147,015		96,899,057
	STERIS PLC		209,232		46,878,430
*	Syneos Health, Inc.		13,905		1,016,316
	Teleflex, Inc.		400		114,248
	Thermo Fisher Scientific, Inc.		758,947		419,636,975
*	United Therapeutics Corp.		40,188		7,135,781
	UnitedHealth Group, Inc.		5,974		3,038,078

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
HEALTH CARE — (Continued)
	Universal Health Services, Inc., Class B		541,236	$	66,317,647
*	Vertex Pharmaceuticals, Inc.		181,623		49,623,036
	Viatris, Inc.		3,416,293		35,290,307
	Zimmer Biomet Holdings, Inc.		367,080		44,324,910
*	Zimvie, Inc.		36,708		825,930

TOTAL HEALTH CARE					4,613,652,822

INDUSTRIALS — (12.0%)
	AECOM		555,241		39,177,805
#	AGCO Corp.		370,490		47,200,426
*	Alaska Air Group, Inc.		3,970		215,928
	AMERCO		84,561		45,280,724
	AMETEK, Inc.		193,136		24,385,351
	Arcosa, Inc.		75,409		4,036,644
*	Builders FirstSource, Inc.		591,900		36,443,283
*	CACI International, Inc., Class A		2,200		583,660
	Carlisle Cos., Inc.		344,730		89,409,173
	Carrier Global Corp.		2,108,684		80,699,337
	CSX Corp.		1,802,425		61,895,274
	Cummins, Inc.		514,912		97,416,201
	Deere & Co.		1,688		637,304
*	Delta Air Lines, Inc.		20,719		891,539
	Dover Corp.		414,398		55,239,253
	Eaton Corp. PLC.		1,056,808		153,258,296
	Emerson Electric Co.		244,394		22,039,451
	FedEx Corp.		974,034		193,579,517
# *	Fluor Corp.		363		8,984
	Fortive Corp.		270,555		15,556,912
	Fortune Brands Home & Security, Inc.		521,389		37,148,966
	General Dynamics Corp.		429,452		101,578,282
	General Electric Co.		666,263		49,669,907
# *	GXO Logistics, Inc.		802,787		47,516,963
	Howmet Aerospace, Inc.		1,598,924		54,555,287
	Hubbell, Inc.		31,189		6,093,083
	Huntington Ingalls Industries, Inc.		720		153,173
	Ingersoll Rand, Inc.		798,380		35,096,785
	Jacobs Engineering Group, Inc.		285,488		39,554,362
# *	JetBlue Airways Corp.		59,076		650,427
	Johnson Controls International PLC		1,549,925		92,794,010
	L3Harris Technologies, Inc.		251,935		58,514,423
	Leidos Holdings, Inc.		736,625		76,248,054
	ManpowerGroup, Inc.		104,684		9,442,497
*	MasTec, Inc.		895		64,449
	MDU Resources Group, Inc.		20,335		523,830
# *	Middleby Corp.		62,449		9,610,277
	Nielsen Holdings PLC		122,626		3,287,603
	Norfolk Southern Corp.		782,675		201,836,229
	Northrop Grumman Corp.		131,418		57,745,069
	nVent Electric PLC		13,164		444,680
	Oshkosh Corp.		148,971		13,770,879
	Otis Worldwide Corp.		1,228,006		89,447,957
	Owens Corning		522,134		47,477,645
	PACCAR, Inc.		1,006,846		83,618,560
	Parker-Hannifin Corp.		390,531		105,763,605
	Pentair PLC		1,022,156		51,874,417
	Quanta Services, Inc.		681,204		79,006,040
	Raytheon Technologies Corp.		1,985,308		188,425,582
	Republic Services, Inc.		1,835,706		246,480,245
	Roper Technologies, Inc.		9,729		4,571,852

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
INDUSTRIALS — (Continued)
*	Sensata Technologies Holding PLC		672,107	$	30,520,379
	Snap-on, Inc.		314,577		66,844,467
*	Southwest Airlines Co.		1,308,526		61,134,335
	Stanley Black & Decker, Inc.		768,993		92,394,509
	Textron, Inc.		1,446,441		100,166,039
	Trane Technologies PLC		504,559		70,582,759
*	United Airlines Holdings, Inc.		715,389		36,127,144
*	United Rentals, Inc.		246,104		77,896,838
	Westinghouse Air Brake Technologies Corp.		314,577		28,283,618
*	XPO Logistics, Inc.		234,243		12,599,931

TOTAL INDUSTRIALS					3,337,470,219

INFORMATION TECHNOLOGY — (9.2%)
# *	Akamai Technologies, Inc.		143,163		16,074,342
	Amdocs Ltd.		720,716		57,433,858
	Analog Devices, Inc.		607,683		93,814,101
*	Arrow Electronics, Inc.		390,152		45,983,315
	Avnet, Inc.		5,178		226,071
# *	Cerence, Inc.		658		19,411
*	Ciena Corp.		76,500		4,220,505
	Cisco Systems, Inc.		270,002		13,224,698
	Cognizant Technology Solutions Corp., Class A		1,614,854		130,641,689
	Concentrix Corp.		94,091		14,817,451
	Corning, Inc.		4,000,592		140,780,832
	Dolby Laboratories, Inc., Class A		16,857		1,305,912
*	DXC Technology Co.		784,579		22,517,417
*	F5, Inc.		108		18,080
	Fidelity National Information Services, Inc.		807,687		80,082,166
# *	First Solar, Inc.		1,083		79,091
*	Fiserv, Inc.		500,034		48,963,329
*	Flex Ltd.		1,342,960		22,145,410
	Global Payments, Inc.		246,990		33,832,690
	Hewlett Packard Enterprise Co.		7,817,029		120,460,417
#	HP, Inc.		9,358,742		342,810,719
	Intel Corp.		12,597,551		549,127,248
	International Business Machines Corp.		195,195		25,806,731
*	IPG Photonics Corp.		3,170		299,502
	Jabil, Inc.		219,735		12,685,302
	Juniper Networks, Inc.		1,211,205		38,177,182
*	Kyndryl Holdings, Inc.		94,502		1,123,629
	Marvell Technology, Inc.		1,148,850		66,725,208
	Microchip Technology, Inc.		2,564		167,173
	Micron Technology, Inc.		3,863,654		263,462,566
#	MKS Instruments, Inc.		1,502		171,198
*	ON Semiconductor Corp.		1,475,404		76,883,302
*	Qorvo, Inc.		523,064		59,514,222
*	Salesforce, Inc.		185,741		32,679,272
	Skyworks Solutions, Inc.		308,879		34,995,991
	SS&C Technologies Holdings, Inc.		383,504		24,797,369
#	TD SYNNEX Corp.		94,091		9,417,568
	TE Connectivity Ltd.		987,862		123,265,420
*	Teledyne Technologies, Inc.		5,448		2,351,084
	Vontier Corp.		23,227		595,076
*	Western Digital Corp.		1,180,996		62,675,458
	Xerox Holdings Corp.		31,592		549,701

TOTAL INFORMATION TECHNOLOGY					2,574,921,706

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
MATERIALS — (8.5%)
	Air Products & Chemicals, Inc.		379,320	$	88,787,432
	Albemarle Corp.		500,961		96,600,310
	Alcoa Corp.		39,735		2,694,033
#	Amcor PLC		1,181,325		14,010,515
*	Arconic Corp.		21,469		540,160
	Ball Corp.		644		52,267
	Celanese Corp.		78,858		11,587,395
	CF Industries Holdings, Inc.		609,969		59,063,298
*	Cleveland-Cliffs, Inc.		19,366		493,639
	Corteva, Inc.		1,073,383		61,923,465
	Dow, Inc.		2,444,152		162,536,108
	DuPont de Nemours, Inc.		674,802		44,489,696
	Eastman Chemical Co.		841,060		86,351,630
	FMC Corp.		25,480		3,377,119
	Freeport-McMoRan, Inc.		5,250,755		212,918,115
	Huntsman Corp.		8,221		278,445
	International Flavors & Fragrances, Inc.		429,686		52,120,912
	International Paper Co.		2,080,600		96,290,168
	Linde PLC		848,988		264,850,297
	LyondellBasell Industries NV, Class A		981,675		104,087,000
	Martin Marietta Materials, Inc.		236,461		83,759,215
	Mosaic Co.		661,297		41,278,159
	Newmont Corp.		2,121,499		154,551,202
	Nucor Corp.		1,991,500		308,244,370
	Packaging Corp. of America		118,549		19,106,542
	PPG Industries, Inc.		2,452		313,832
	Reliance Steel & Aluminum Co.		435,518		86,341,444
#	Royal Gold, Inc.		6,364		830,375
#	Sonoco Products Co.		20,622		1,276,708
	Steel Dynamics, Inc.		1,692,329		145,117,212
*	Sylvamo Corp.		191,403		8,546,144
	Valvoline, Inc.		376,304		11,375,670
	Vulcan Materials Co.		442,249		76,195,080
#	Westlake Corp.		372,164		47,097,354
	WestRock Co.		593,589		29,400,463

TOTAL MATERIALS					2,376,485,774

REAL ESTATE — (0.5%)
*	CBRE Group, Inc., Class A		935,141		77,654,108
*	Howard Hughes Corp.		4,513		452,609
*	Jones Lang LaSalle, Inc.		218,089		47,702,607
# *	Zillow Group, Inc., Class C		6,600		262,812

TOTAL REAL ESTATE					126,072,136

UTILITIES — (0.2%)
	NRG Energy, Inc.		1,169,432		41,982,609
	Vistra Corp.		1,084,247		27,127,860

TOTAL UTILITIES					69,110,469

TOTAL COMMON STOCKS Cost ($16,665,459,811)					27,428,134,040

TEMPORARY CASH INVESTMENTS — (0.9%)
	State Street Institutional U.S. Government Money Market Fund 0.290%		248,588,434		248,588,434

THE U.S. LARGE CAP VALUE SERIES

CONTINUED


		Shares		Value†
SECURITIES LENDING COLLATERAL — (0.7%)
@ §	The DFA Short Term Investment Fund		17,391,128	$	201,163,181

TOTAL INVESTMENTS — (100.0%) (Cost $17,115,208,444)				$	27,877,885,655

†	See Security Valuation Note within the Notes to Schedules of Investments
*	Non-Income Producing Securities
#	Total or Partial Securities on Loan
@	Security purchased with cash collateral received from Securities on Loan
§	Affiliated Fund

As of April 30, 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		06/17/22	$	187,336,637	$	182,022,750	$	(5,313,887	)

Total Futures Contracts					$	187,336,637	$	182,022,750	$	(5,313,887	)

Summary of the Series’ investments as of April 30, 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	$	2,208,037,235			—		—	$	2,208,037,235
Consumer Discretionary		1,660,864,389			—		—		1,660,864,389
Consumer Staples		1,871,849,253			—		—		1,871,849,253
Energy		3,245,218,894			—		—		3,245,218,894
Financials		5,344,451,143			—		—		5,344,451,143
Health Care		4,613,652,822			—		—		4,613,652,822
Industrials		3,337,470,219			—		—		3,337,470,219
Information Technology		2,574,921,706			—		—		2,574,921,706
Materials		2,376,485,774			—		—		2,376,485,774
Real Estate		126,072,136			—		—		126,072,136
Utilities		69,110,469			—		—		69,110,469
Temporary Cash Investments		248,588,434			—		—		248,588,434
Securities Lending Collateral		—		$	201,163,181		—		201,163,181
Futures Contracts**		(5,313,887	)		—		—		(5,313,887	)

TOTAL.	$	27,671,408,587		$	201,163,181		—	$	27,872,571,768

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

See accompanying Notes to Financial Statements.

THE DFA INTERNATIONAL VALUE SERIES

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (92.5%)
AUSTRALIA — (6.8%)
	Ampol Ltd.		126,667	$	2,978,094
	Ansell Ltd.		38,888		744,830
	Aurizon Holdings Ltd.		7,637,463		21,569,079
	Australia & New Zealand Banking Group Ltd.		6,888,410		131,080,846
#	Bank of Queensland Ltd.		1,637,973		9,293,142
#	Bendigo & Adelaide Bank Ltd.		907,070		6,762,953
	BlueScope Steel Ltd.		3,217,376		45,736,917
	Boral Ltd.		1		2
	Challenger Ltd.		342,253		1,731,646
	Cleanaway Waste Management Ltd.		6,121,043		13,720,553
*	Crown Resorts Ltd.		161,839		1,465,314
	Downer EDI Ltd.		1,206,883		4,669,435
	Fortescue Metals Group Ltd.		240,333		3,632,169
	Harvey Norman Holdings Ltd.		2,695,782		9,602,544
	IGO Ltd.		379,319		3,448,908
	Incitec Pivot Ltd.		6,400,695		17,262,807
	Lendlease Corp. Ltd.		1,673,113		14,332,482
	National Australia Bank Ltd.		5,345,044		122,020,269
	Newcrest Mining Ltd.		1,591,398		29,885,425
	Northern Star Resources Ltd.		658,564		4,526,829
	Orica Ltd.		597,823		6,869,479
	Origin Energy Ltd.		3,515,673		16,815,989
	OZ Minerals Ltd.		514,501		8,930,676
	QBE Insurance Group Ltd.		976,946		8,428,392
	Qube Holdings Ltd.		608,346		1,257,118
	Rio Tinto Ltd.		167,805		13,274,027
	Santos Ltd.		9,204,868		51,437,447
	Seven Group Holdings Ltd.		186,936		2,608,113
	Sims Ltd.		221,717		3,205,783
	Sonic Healthcare Ltd.		112,263		2,899,328
	South32 Ltd.		13,197,658		43,952,638
	Suncorp Group Ltd.		3,668,708		29,456,021
	Tabcorp Holdings Ltd.		2,668,586		10,205,247
#	TPG Telecom Ltd.		362,923		1,487,723
W	Viva Energy Group Ltd.		252,029		494,481
	Westpac Banking Corp.		7,869,029		131,727,453
	Whitehaven Coal Ltd.		4,287,952		14,725,020
	Woodside Petroleum Ltd.		2,175,104		47,321,743
	Worley Ltd.		905,249		8,803,559
	Yancoal Australia Ltd.		15,130		57,022

TOTAL AUSTRALIA					848,421,503

AUSTRIA — (0.1%)
	Erste Group Bank AG		238,396		7,422,639
	Raiffeisen Bank International AG		379,914		4,324,678

TOTAL AUSTRIA					11,747,317

BELGIUM — (0.6%)
	Ageas SA		382,351		18,296,096
	KBC Group NV		557,629		37,936,529
	Solvay SA		168,223		15,819,226

TOTAL BELGIUM					72,051,851

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
CANADA — (11.0%)
#	Agnico Eagle Mines Ltd.		11,247	$	654,913
#	AltaGas Ltd.		424,078		9,698,682
	ARC Resources Ltd.		2,008,323		27,842,784
	B2Gold Corp.		2,092,945		8,895,016
#	Bank of Montreal		1,333,115		141,363,495
#	Bank of Nova Scotia		2,193,862		138,917,642
	Barrick Gold Corp.		2,761,104		61,596,648
	Canadian Imperial Bank of Commerce		971,988		107,454,367
	Canadian Natural Resources Ltd.		3,311,575		204,892,797
#	Cenovus Energy, Inc.		2,190,034		40,475,161
#	Endeavour Mining PLC		682,116		16,693,829
#	Fairfax Financial Holdings Ltd.		97,836		53,757,442
	First Quantum Minerals Ltd.		1,542,558		44,224,033
	Great-West Lifeco, Inc.		202,161		5,577,072
	iA Financial Corp., Inc.		262,656		13,733,393
#	Imperial Oil Ltd.		582,513		29,224,557
#	Kinross Gold Corp.		4,622,914		23,354,775
	Lundin Mining Corp.		2,996,201		27,357,987
	Magna International, Inc.		106,474		6,417,188
#	Manulife Financial Corp.		2,426,806		47,465,039
	Nutrien Ltd.		944,511		92,798,186
#	Onex Corp.		153,916		9,248,259
	Pembina Pipeline Corp.		117,029		4,429,548
	Saputo, Inc.		14,977		320,140
#	SSR Mining, Inc.		88,038		1,937,716
#	Sun Life Financial, Inc.		79,128		3,936,618
	Suncor Energy, Inc.		3,006,941		108,079,400
	Teck Resources Ltd.,Class B		1,443,038		56,942,249
	Tourmaline Oil Corp.		946,848		48,763,059
*	Turquoise Hill Resources Ltd.		55,248		1,504,956
	West Fraser Timber Co. Ltd.		244,389		21,479,751
#	Whitecap Resources, Inc.		1,154,286		9,461,434

TOTAL CANADA.					1,368,498,136

CHINA — (0.0%)
W	BOC Aviation Ltd.		647,400		5,078,444

DENMARK — (1.7%)
	AP Moller - Maersk AS, Class A		5,805		16,431,856
	AP Moller - Maersk AS, Class B		7,872		22,783,350
	Carlsberg AS, Class B		335,064		42,564,228
#	Chr Hansen Holding AS		57,060		4,445,527
	Danske Bank AS		945,349		14,500,562
*	Demant AS		45,830		2,013,932
	DSV AS		316,137		51,831,186
	Rockwool International AS, Class A		91		25,269
#	Rockwool International AS, Class B		19,106		5,343,567
	Tryg AS		301,383		7,166,015
#	Vestas Wind Systems AS		1,636,596		41,734,825

TOTAL DENMARK					208,840,317

FINLAND — (0.9%)
	Fortum Oyj		208,573		3,467,703
*	Nokia Oyj		4,351,573		22,062,779
	Nordea Bank Abp		3,720,119		37,093,089
	Stora Enso Oyj, Class R		1,406,847		27,686,036
	UPM-Kymmene Oyj		596,205		20,624,097

TOTAL FINLAND					110,933,704

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
FRANCE — (9.2%)
*	Accor SA		127,308	$	4,182,528
W	Amundi SA		9,169		551,332
	Arkema SA		235,866		26,875,585
	AXA SA		1,974,356		52,231,626
	BNP Paribas SA		1,819,966		94,367,738
	Bollore SE		1,717,699		8,015,513
#	Bouygues SA		1,023,747		35,199,744
	Carrefour SA		2,495,917		52,932,324
	Cie de Saint-Gobain		1,784,858		104,125,332
	Cie Generale des Etablissements Michelin SCA		630,250		78,062,712
#	CNP Assurances		565,829		12,433,807
	Credit Agricole SA		1,053,519		11,375,963
	Danone SA		141,338		8,546,885
	Eiffage SA		244,252		24,119,562
#	Electricite de France SA		1,705,570		15,505,405
#	Engie SA		3,701,762		43,682,530
	Eurazeo SE		21,491		1,651,349
	Faurecia SE		47,286		1,036,536
	Orange SA		5,978,647		71,178,162
	Publicis Groupe SA		439,868		26,408,210
*	Renault SA		383,338		9,366,328
*	Rexel SA		157,875		3,234,016
#	Sanofi		682,839		72,172,588
	Societe Generale SA		2,080,067		49,992,418
#	TotalEnergies SE		6,840,726		335,899,931
	Valeo		64,240		1,167,955
#	Vinci SA		24,438		2,371,313
#	Vivendi SE		324,425		3,726,207

TOTAL FRANCE					1,150,413,599

GERMANY — (6.7%)
	Allianz SE		551,464		124,429,074
	BASF SE		1,264,933		66,615,131
	Bayer AG		880,173		57,977,911
	Bayerische Motoren Werke AG		1,003,964		81,989,489
*	Commerzbank AG		998,949		6,521,467
*	Continental AG		148,327		10,166,497
W	Covestro AG		587,231		25,283,541
# *	Daimler Truck Holding AG		1,284,137		34,536,509
*	Deutsche Bank AG		3,421,901		34,039,740
	Evonik Industries AG		411,203		10,755,578
	Fresenius Medical Care AG & Co. KGaA		366,947		22,819,277
	Fresenius SE & Co. KGaA		1,062,213		37,547,058
	HeidelbergCement AG		448,245		25,822,241
	Henkel AG & Co. KGaA		30,887		1,960,124
*	K+S AG		120,623		4,051,483
	KION Group AG		16,287		905,980
	Mercedes-Benz Group AG		2,568,275		179,268,593
	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen		60,472		14,400,843
	RWE AG		765,485		31,782,476
*	Siemens Energy AG		375,296		7,229,051
*	Talanx AG		162,600		6,760,853
	Telefonica Deutschland Holding AG		4,463,614		13,424,449
	Uniper SE		236,980		6,091,487
	United Internet AG		84,890		2,730,983
	Volkswagen AG		111,321		24,141,233

TOTAL GERMANY					831,251,068

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
HONG KONG — (2.1%)
	Bank of East Asia Ltd. (The)		502,600	$	743,706
	BOC Hong Kong Holdings Ltd.		5,416,500		19,606,972
# *	Cathay Pacific Airways Ltd.		5,644,999		5,640,071
	CK Asset Holdings Ltd.		4,895,803		33,189,330
	CK Hutchison Holdings Ltd.		7,657,984		53,743,172
	CK Infrastructure Holdings Ltd.		732,000		4,921,533
	Hang Lung Properties Ltd.		6,065,000		11,599,738
	Hang Seng Bank Ltd.		191,900		3,397,678
	Henderson Land Development Co. Ltd.		2,620,485		10,597,284
	HKT Trust & HKT Ltd.		2,218,000		3,176,848
	MTR Corp. Ltd.		2,165,433		11,505,172
	New World Development Co. Ltd.		4,946,042		18,917,575
	Sino Land Co. Ltd.		11,316,332		14,957,726
	Sun Hung Kai Properties Ltd.		3,383,420		38,967,133
	Swire Pacific Ltd., Class A		1,680,000		9,569,126
	Swire Pacific Ltd., Class B		2,855,000		2,691,736
W	WH Group Ltd.		29,075,696		20,079,649

TOTAL HONG KONG					263,304,449

IRELAND — (0.3%)
*	Bank of Ireland Group PLC		213,398		1,293,343
	CRH PLC		293,793		11,612,122
#	CRH PLC, Sponsored ADR		528,926		20,934,891
# ,	Flutter Entertainment PLC		39,961		4,033,929

TOTAL IRELAND					37,874,285

ISRAEL — (0.4%)
	Bank Hapoalim BM		1,717,411		15,922,475
	Bank Leumi Le-Israel BM		493,637		5,180,595
	Harel Insurance Investments & Financial Services Ltd.		5,250		64,349
	Israel Discount Bank Ltd., Class A		1,935,440		11,431,556
#	Phoenix Holdings Ltd.		733,017		9,221,679
*	Teva Pharmaceutical Industries Ltd., Sponsored ADR		873,098		7,604,683

TOTAL ISRAEL					49,425,337

ITALY — (1.7%)
#	Assicurazioni Generali SpA		240,875		4,560,505
	Eni SpA		3,485,359		48,721,102
#	Intesa Sanpaolo SpA		24,372,617		49,664,486
	Mediobanca Banca di Credito Finanziario SpA		697,722		6,993,163
#	Stellantis NV		3,193,828		42,879,208
	Telecom Italia SpA		63,812,045		18,634,443
	Telecom Italia SpA		6,225,918		1,733,028
	Telecom Italia SpA, Sponsored ADR		1,712,869		4,847,419
#	UniCredit SpA		4,060,643		37,581,572
	UnipolSai Assicurazioni SpA		466,197		1,311,335

TOTAL ITALY					216,926,261

JAPAN — (18.2%)
	Acom Co. Ltd.		117,400		301,920
	AEON Financial Service Co. Ltd.		24,400		224,319
	AGC, Inc.		895,500		33,571,766
	Air Water, Inc.		14,300		189,802
	Aisin Corp.		609,000		17,691,789
	Alfresa Holdings Corp.		176,100		2,394,731
	Alps Alpine Co. Ltd.		398,300		3,525,998
	Amada Co. Ltd.		907,100		7,043,597

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
JAPAN — (Continued)
#	Aozora Bank Ltd.		253,300	$	5,071,201
	Asahi Group Holdings Ltd.		50,400		1,899,718
	Asahi Kasei Corp.		1,769,400		14,517,376
	Bank of Kyoto Ltd.		113,679		4,952,725
	Bridgestone Corp.		601,100		22,032,530
	Brother Industries Ltd.		410,100		7,127,367
	Canon Marketing Japan, Inc.		158,500		3,448,936
	Canon, Inc.		652,000		15,001,964
	Chiba Bank Ltd. (The)		1,064,000		6,132,136
	Coca-Cola Bottlers Japan Holdings, Inc.		331,157		3,712,419
	COMSYS Holdings Corp.		10,700		222,155
	Concordia Financial Group Ltd.		2,530,100		9,207,298
	Cosmo Energy Holdings Co. Ltd.		5,300		131,675
#	Credit Saison Co. Ltd.		393,600		4,433,293
	Dai Nippon Printing Co. Ltd.		457,000		9,550,401
	Daicel Corp.		1,087,400		6,647,265
	Dai-ichi Life Holdings, Inc.		1,076,847		21,562,800
	Daio Paper Corp.		71,600		853,783
	Daiwa House Industry Co. Ltd.		426,400		10,250,732
	Daiwa Securities Group, Inc.		3,723,000		18,246,899
*	DeNA Co. Ltd.		29,600		429,025
	Denka Co. Ltd.		234,800		6,294,518
	DIC Corp.		361,500		6,893,344
	Dowa Holdings Co. Ltd.		189,000		8,040,178
	Ebara Corp.		13,400		615,426
	ENEOS Holdings, Inc.		7,950,103		27,973,330
	Ezaki Glico Co. Ltd.		8,100		232,216
	Fuji Media Holdings, Inc.		57,000		492,299
	FUJIFILM Holdings Corp.		24,800		1,363,287
	Fukuoka Financial Group, Inc.		386,600		7,063,679
	Fukuyama Transporting Co. Ltd.		16,248		454,776
	Hankyu Hanshin Holdings, Inc.		581,700		15,351,993
	Haseko Corp.		455,700		4,993,118
	Hino Motors Ltd.		185,100		955,485
	Hitachi Construction Machinery Co. Ltd.		9,200		208,300
	Hitachi Ltd.		595,600		28,247,193
	Honda Motor Co. Ltd.		3,522,000		92,641,105
	Idemitsu Kosan Co. Ltd.		554,638		14,617,515
	IHI Corp.		236,700		5,367,117
	Iida Group Holdings Co. Ltd.		674,550		10,728,468
	Inpex Corp.		2,704,683		32,180,766
	Isetan Mitsukoshi Holdings Ltd.		549,300		4,076,671
	Isuzu Motors Ltd.		1,424,800		16,621,403
#	ITOCHU Corp.		658,700		19,880,208
	Iwatani Corp.		22,200		883,266
	J Front Retailing Co. Ltd.		712,300		5,337,710
	Japan Post Holdings Co. Ltd.		1,170,410		8,206,743
	Japan Post Insurance Co. Ltd.		97,800		1,581,405
	JFE Holdings, Inc.		1,257,295		15,375,137
	JGC Holdings Corp.		257,700		2,916,182
	JTEKT Corp.		572,800		3,993,514
	Kajima Corp.		660,500		7,360,929
	Kamigumi Co. Ltd.		342,200		5,810,178
	Kaneka Corp.		244,908		6,553,149
	Kawasaki Heavy Industries Ltd.		677,300		12,044,287
	Keihan Holdings Co. Ltd.		6,600		140,776
	Kinden Corp.		222,800		2,640,075
	Kokuyo Co. Ltd.		20,200		263,088
	Komatsu Ltd.		561,800		12,644,139

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
JAPAN — (Continued)
#	Konica Minolta, Inc.		5,300	$	18,446
#	K’s Holdings Corp.		403,300		3,993,926
	Kuraray Co. Ltd.		1,574,500		12,592,433
	Kyocera Corp.		179,600		9,430,245
	Lixil Corp.		961,800		16,916,438
	Mabuchi Motor Co. Ltd.		73,100		1,952,390
	Marubeni Corp.		2,948,900		32,189,055
#	Maruichi Steel Tube Ltd.		15,500		330,806
	Mazda Motor Corp.		1,348,800		9,577,495
	Mebuki Financial Group, Inc.		1,302,120		2,621,809
	Medipal Holdings Corp.		329,250		5,422,219
	Mitsubishi Chemical Holdings Corp.		3,377,200		20,592,950
	Mitsubishi Corp.		1,817,600		61,026,864
	Mitsubishi Electric Corp.		1,343,300		14,070,113
	Mitsubishi Estate Co. Ltd.		84,800		1,235,245
	Mitsubishi Gas Chemical Co., Inc.		727,100		10,617,814
	Mitsubishi HC Capital, Inc.		2,653,300		11,938,448
	Mitsubishi Heavy Industries Ltd.		724,500		24,770,739
	Mitsubishi Logistics Corp.		89,600		2,065,059
	Mitsubishi Materials Corp.		518,200		8,106,325
*	Mitsubishi Motors Corp.		1,740,000		4,351,755
#	Mitsubishi UFJ Financial Group, Inc., Sponsored ADR		1,968,045		11,414,661
	Mitsubishi UFJ Financial Group, Inc.		10,193,750		59,260,072
	Mitsui & Co. Ltd., Sponsored ADR		10,506		5,095,725
	Mitsui & Co. Ltd.		1,295,000		31,359,445
	Mitsui Chemicals, Inc.		823,660		18,818,889
	Mitsui Fudosan Co. Ltd.		940,400		19,930,590
	Mitsui OSK Lines Ltd.		885,300		20,725,853
	Mizuho Financial Group, Inc.		2,369,480		28,771,900
	Morinaga Milk Industry Co. Ltd.		2,700		108,734
	MS&AD Insurance Group Holdings, Inc.		445,453		13,259,916
	Nagase & Co. Ltd.		21,700		310,962
	NEC Corp.		617,810		23,968,479
	NGK Insulators Ltd.		162,800		2,189,924
	NGK Spark Plug Co. Ltd.		270,400		4,149,347
	NH Foods Ltd.		314,767		9,940,476
	Nikon Corp.		695,200		7,811,837
	Nippon Electric Glass Co. Ltd.		108,100		2,176,100
	Nippon Express Holdings, Inc.		308,324		18,077,256
	Nippon Shokubai Co. Ltd.		84,400		3,395,524
	Nippon Steel Corp.		1,079,293		17,137,639
	Nippon Yusen KK		66,600		4,804,790
*	Nissan Motor Co. Ltd.		4,749,500		19,014,842
	Nisshin Seifun Group, Inc.		170,000		2,266,239
	Nitto Denko Corp.		19,300		1,295,434
	Nomura Holdings, Inc.		3,219,302		12,395,770
	Nomura Real Estate Holdings, Inc.		521,500		12,706,734
	NSK Ltd.		1,027,500		5,685,910
	Obayashi Corp.		2,342,282		16,108,195
	Oji Holdings Corp.		3,568,100		16,902,101
	ORIX Corp.		2,178,900		39,740,871
	Otsuka Holdings Co. Ltd.		146,200		4,912,673
	Panasonic Corp.		2,633,600		23,473,789
	Rengo Co. Ltd.		899,500		5,325,538
	Resona Holdings, Inc.		2,821,139		12,267,515
	Ricoh Co. Ltd.		1,326,600		9,686,709
	Rohm Co. Ltd.		69,100		4,827,385
	Seiko Epson Corp.		701,700		9,885,214
	Seino Holdings Co. Ltd.		481,500		3,933,354

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
JAPAN — (Continued)
	Sekisui Chemical Co. Ltd.		194,400	$	2,632,397
	Sekisui House Ltd.		1,259,000		21,866,233
	Seven & I Holdings Co. Ltd.		546,400		24,160,111
	Shimamura Co. Ltd.		61,300		5,436,598
	Shimizu Corp.		995,300		5,218,990
	Shizuoka Bank Ltd.		851,000		5,506,031
	Showa Denko KK		352,200		6,853,234
	SoftBank Group Corp.		1,790,880		73,659,314
	Sohgo Security Services Co. Ltd.		600		16,667
	Sojitz Corp.		666,340		10,160,579
	Sompo Holdings, Inc.		490,056		19,950,178
	Stanley Electric Co. Ltd.		100,100		1,726,034
	Subaru Corp.		799,584		12,133,446
	Sumitomo Chemical Co. Ltd.		8,266,400		35,150,421
	Sumitomo Corp.		1,110,400		17,570,560
	Sumitomo Dainippon Pharma Co. Ltd.		311,131		2,771,431
	Sumitomo Electric Industries Ltd.		2,834,000		30,467,839
	Sumitomo Forestry Co. Ltd.		598,600		9,157,885
	Sumitomo Heavy Industries Ltd.		524,600		11,101,260
	Sumitomo Metal Mining Co. Ltd.		316,464		13,879,074
	Sumitomo Mitsui Financial Group, Inc.		1,282,500		38,749,372
	Sumitomo Mitsui Trust Holdings, Inc.		464,844		14,427,585
#	Sumitomo Realty & Development Co. Ltd.		273,800		7,263,496
	Sumitomo Rubber Industries Ltd.		770,500		6,678,527
	Suzuken Co. Ltd.		74,900		2,210,841
	Suzuki Motor Corp.		325,500		9,812,229
	T&D Holdings, Inc.		1,301,400		16,723,557
	Taiheiyo Cement Corp.		528,721		8,554,481
	Taisei Corp.		100,500		2,722,344
	Taisho Pharmaceutical Holdings Co. Ltd.		31,100		1,224,964
	Takeda Pharmaceutical Co. Ltd.		2,595,871		75,323,149
	TBS Holdings, Inc.		70,800		929,086
	TDK Corp.		43,200		1,334,522
	Teijin Ltd.		855,090		9,137,730
	THK Co. Ltd.		25,300		501,356
	Toda Corp.		717,800		4,124,138
	Tokai Carbon Co. Ltd.		40,000		330,754
	Tokio Marine Holdings, Inc.		235,719		12,745,012
#	Tokyo Century Corp.		51,600		1,589,388
	Tokyo Tatemono Co. Ltd.		870,300		12,270,302
	Tokyu Fudosan Holdings Corp.		2,556,700		13,304,221
	Toppan, Inc.		599,800		9,914,493
	Toray Industries, Inc.		2,709,300		12,840,141
	Tosoh Corp.		1,241,700		17,146,030
	Toyo Seikan Group Holdings Ltd.		416,349		4,503,390
	Toyo Suisan Kaisha Ltd.		1,900		58,665
	Toyo Tire Corp.		25,300		290,189
	Toyoda Gosei Co. Ltd.		265,400		3,864,752
	Toyota Boshoku Corp.		4,100		65,343
	Toyota Industries Corp.		159,400		9,560,300
	Toyota Motor Corp.		12,538,150		214,824,973
	Toyota Tsusho Corp.		524,100		18,829,453
	Tsumura & Co.		24,700		607,739
	Tsuruha Holdings, Inc.		400		20,443
	UBE Corp.		504,100		7,815,969
*	Yamada Holdings Co. Ltd.		1,918,800		5,729,691
	Yamaha Motor Co. Ltd.		806,600		16,652,810
	Yamazaki Baking Co. Ltd.		306,500		3,788,994
	Yokohama Rubber Co. Ltd. (The)		563,500		7,544,472

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
JAPAN — (Continued)
	Zeon Corp.		404,300	$	4,305,291

TOTAL JAPAN					2,266,114,033

NETHERLANDS — (3.2%)
# W	ABN AMRO Bank NV		1,102,304		13,702,920
	Aegon NV		3,016,388		15,639,005
#	Aegon NV		405,108		2,082,255
#	Akzo Nobel NV		229,839		19,937,696
	ArcelorMittal SA		652,213		19,017,017
	ArcelorMittal SA		751,555		21,975,471
	ASR Nederland NV		38,600		1,754,319
	Coca-Cola Europacific Partners PLC		84,349		4,295,954
#	Heineken NV		177,467		17,322,727
#	ING Groep NV		4,722,058		44,737,768
	JDE Peet’s NV		109,404		3,218,563
	Koninklijke Ahold Delhaize NV		4,054,901		119,603,221
	Koninklijke DSM NV		183,752		30,890,474
	Koninklijke KPN NV		4,007,248		13,827,380
	Koninklijke Philips NV		991,539		25,910,022
	Koninklijke Philips NV		33,022		851,307
	NN Group NV		656,006		32,132,213
	Randstad NV		302,584		16,000,380
W	Signify NV		9,094		384,745
	Universal Music Group NV		28,124		652,657

TOTAL NETHERLANDS					403,936,094

NEW ZEALAND — (0.2%)
*	Auckland International Airport Ltd.		1,979,607		9,943,575
	Chorus Ltd.		297,294		1,410,434
	EBOS Group Ltd.		225,352		6,146,544
	Fletcher Building Ltd.		1,485,793		5,918,685
#	Fonterra Co-operative Group Ltd.		293,628		538,397
#	Ryman Healthcare Ltd.		148,330		877,856
	Summerset Group Holdings Ltd.		332,504		2,504,408

TOTAL NEW ZEALAND					27,339,899

NORWAY — (1.0%)
	Austevoll Seafood ASA		164,785		2,612,677
#	DNB Bank ASA		1,885,402		36,534,019
W	Elkem ASA		540,766		2,245,760
	Equinor ASA		729,992		24,673,411
	Golden Ocean Group Ltd.		264,336		3,290,753
	Norsk Hydro ASA		2,749,788		23,091,401
	Orkla ASA		344,624		2,796,501
	Schibsted ASA, Class A		9,681		201,741
	Schibsted ASA, Class B		5,526		106,223
#	SpareBank 1 SR-Bank ASA		329,406		4,194,570
	Storebrand ASA		1,260,839		10,951,886
#	Subsea 7 SA		453,890		3,720,217
	Wallenius Wilhelmsen ASA		358,063		2,247,482
#	Yara International ASA		228,157		11,601,375

TOTAL NORWAY					128,268,016

PORTUGAL — (0.1%)
* †† ^	Banco Espirito Santo SA		2,631,973		0
#	EDP Renovaveis SA		398,808		9,438,652

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
PORTUGAL — (Continued)
	Galp Energia SGPS SA		54,599	$	664,559

TOTAL PORTUGAL					10,103,211

SINGAPORE — (0.9%)
	City Developments Ltd.		1,395,500		8,555,970
	Frasers Property Ltd.		492,700		387,004
	Golden Agri-Resources Ltd.		5,987,500		1,398,896
	Hongkong Land Holdings Ltd.		2,134,200		9,955,958
	Jardine Cycle & Carriage Ltd.		130,900		2,728,270
	Keppel Corp. Ltd.		6,501,200		32,062,614
	Olam Group Ltd.		399,410		488,089
	Oversea-Chinese Banking Corp. Ltd.		737,800		6,550,619
*	Singapore Airlines Ltd.		3,794,200		14,955,453
#	Singapore Land Group Ltd.		1,068,870		1,986,446
	UOL Group Ltd.		1,698,674		8,925,737
	Wilmar International Ltd.		3,198,400		10,195,513
	Yangzijiang Financial Holding Pte. Ltd.		8,876,100		3,497,939
	Yangzijiang Shipbuilding Holdings Ltd.		8,876,100		5,790,969

TOTAL SINGAPORE					107,479,477

SPAIN — (1.7%)
	Banco Bilbao Vizcaya Argentaria SA		7,212,842		37,847,591
	Banco Bilbao Vizcaya Argentaria SA, Sponsored ADR		973,742		5,053,721
#	Banco Santander SA		42,993,563		125,642,164
#	CaixaBank SA		2,040,302		6,585,880
	Repsol SA		2,232,109		33,298,327

TOTAL SPAIN					208,427,683

SWEDEN — (2.5%)
#	AFRY AB		41,992		696,128
	BillerudKorsnas AB		542,040		8,364,369
#	Boliden AB		1,135,291		49,227,545
	Bure Equity AB		134,283		3,166,605
W	Dometic Group AB		380,509		3,258,708
#	Electrolux AB, Class B		67,659		1,031,827
#	Essity AB, Class B		97,665		2,575,522
	Getinge AB, Class B		79,109		2,288,449
	Holmen AB, Class A		5,562		327,667
	Holmen AB, Class B		197,104		11,392,364
#	Husqvarna AB, Class B		202,086		1,931,761
#	Intrum AB		104,507		2,526,254
# *	Millicom International Cellular SA		137,201		3,093,161
# *	Pandox AB		106,891		1,489,253
#	Peab AB, Class B		673,069		6,430,154
	Saab AB, Class B		105,049		4,443,458
#	Securitas AB, Class B		344,671		4,069,461
	Skandinaviska Enskilda Banken AB, Class A		2,605,519		29,218,538
	Skandinaviska Enskilda Banken AB, Class C		14,462		176,211
	Skanska AB, Class B		528,261		10,090,942
	SKF AB, Class B		1,179,544		19,265,115
	SSAB AB, Class A		416,792		2,647,093
#	SSAB AB, Class B		822,660		4,837,755
	Svenska Cellulosa AB SCA, Class A		34,534		678,009
	Svenska Cellulosa AB SCA, Class B		581,885		11,261,104
	Svenska Handelsbanken AB, Class A		1,224,329		12,348,971
#	Svenska Handelsbanken AB, Class B		37,204		419,961
#	Swedbank AB, Class A		798,149		12,626,111
#	Tele2 AB, Class B		580,670		7,696,364

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
SWEDEN — (Continued)
	Telefonaktiebolaget LM Ericsson, Class B		1,113,229	$	8,880,476
	Telia Co. AB		6,786,020		28,166,149
#	Trelleborg AB, Class B		682,165		14,962,322
	Volvo AB, Class A		195,416		3,212,761
#	Volvo AB, Class B		2,155,006		34,379,737

TOTAL SWEDEN					307,180,305

SWITZERLAND — (8.4%)
	ABB Ltd.		1,176,504		35,297,401
	Adecco Group AG		526,167		20,304,719
#	Alcon, Inc.		561,848		40,104,317
	Baloise Holding AG		105,344		18,323,635
	Barry Callebaut AG		484		1,113,952
	Cie Financiere Richemont SA, Class A		672,104		78,092,224
#	Credit Suisse Group AG		1,363,427		9,254,012
#	Credit Suisse Group AG, Sponsored ADR		1,195,011		8,006,574
	Holcim Ltd.		1,372,633		67,245,442
	Julius Baer Group Ltd.		716,015		34,216,795
	Novartis AG, Sponsored ADR		1,587,470		139,744,984
	Novartis AG		1,706,093		150,766,145
	SIG Combibloc Group AG		292,428		6,122,121
#	Swatch Group AG		47,812		12,270,603
	Swatch Group AG		123,912		6,113,095
	Swiss Life Holding AG		69,548		40,665,763
	Swiss Prime Site AG		120,516		11,779,774
#	Swiss Re AG		399,672		32,775,831
#	Swisscom AG		80,345		47,508,062
# *	UBS Group AG		7,263,744		123,145,357
	Vifor Pharma AG		55,433		9,792,153
	Zurich Insurance Group AG		344,357		156,775,244

TOTAL SWITZERLAND					1,049,418,203

UNITED KINGDOM — (14.8%)
	3i Group PLC		42,586		696,930
	Abrdn Plc		1,691,534		3,971,937
W	Airtel Africa PLC		31,927		58,418
	Anglo American PLC		1,391,761		61,642,448
	Aviva PLC		13,916,649		74,664,574
#	Barclays PLC, Sponsored ADR		7,035,082		52,411,361
	Barclays PLC		191,609		352,204
	Barratt Developments PLC		1,021,479		6,249,451
	Bellway PLC		134,536		4,086,164
	BP PLC, Sponsored ADR		6,418,588		184,341,847
	BP PLC		7,690,578		37,128,522
#	British American Tobacco PLC, Sponsored ADR		838,885		35,048,615
	British American Tobacco PLC		3,024,009		126,743,322
	BT Group PLC		22,408,140		49,691,965
	DS Smith PLC		1,303,840		5,357,826
	Glencore PLC		23,897,614		147,249,074
	HSBC Holdings PLC		13,535,003		84,581,974
#	HSBC Holdings PLC, Sponsored ADR		2,324,211		72,073,783
	Investec PLC		1,183,350		6,969,798
	J Sainsbury PLC		7,868,098		22,957,174
	Kingfisher PLC		7,975,671		25,151,836
	Lloyds Banking Group PLC		164,752,825		93,573,456
	Lloyds Banking Group PLC, ADR		1,844,768		4,113,833
	M&G PLC		2,956,890		7,850,378
*	Marks & Spencer Group PLC		1,591,554		2,716,973

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED


		Shares		Value»
UNITED KINGDOM — (Continued)
	Melrose Industries PLC		4,376,981	$	6,360,178
	Natwest Group PLC		5,175,515		13,884,803
#	Natwest Group PLC, Sponsored ADR		686,481		3,720,727
	Pearson PLC		309,149		3,001,777
#	Pearson PLC, Sponsored ADR		1,015,920		9,844,265
	Phoenix Group Holdings PLC		710,707		5,383,181
	Royal Mail PLC		3,663,757		15,703,953
	Shell PLC		283,225		7,603,428
	Shell PLC, Sponsored ADR		8,977,105		479,646,720
	Standard Chartered PLC		4,622,099		31,598,155
	Taylor Wimpey PLC		425,787		669,659
	Tesco PLC		2,630,005		8,934,963
	Vodafone Group PLC		58,351,986		88,342,512
#	Vodafone Group PLC, Sponsored ADR		4,011,201		60,930,147
#	WPP PLC, Sponsored ADR		59,132		3,660,271
	WPP PLC		288,902		3,601,124

TOTAL UNITED KINGDOM					1,852,569,726

TOTAL COMMON STOCKS					11,535,602,918

PREFERRED STOCKS — (1.1%)
GERMANY — (1.1%)
	Bayerische Motoren Werke AG		152,008		11,198,210
	Henkel AG & Co. KGaA		92,782		5,957,653
	Porsche Automobil Holding SE		307,547		25,366,444
	Volkswagen AG		601,156		93,098,874

TOTAL GERMANY					135,621,181

RIGHTS/WARRANTS — (0.0%)
CANADA — (0.0%)
*	Cenovus Energy, Inc. Warrants 01/01/26		22,799		302,591

TOTAL INVESTMENT SECURITIES (Cost $10,761,379,330)					11,671,526,690


				Value†
SECURITIES LENDING COLLATERAL — (6.4%)
@ §	The DFA Short Term Investment Fund		69,494,868		803,847,136

TOTAL INVESTMENTS — (100.0%) (Cost $11,565,239,840)				$	12,475,373,826


ADR		American Depositary Receipt
SA		Special Assessment
»		Securities that have been fair value factored. See Note B to Financial Statements.
#		Total or Partial Securities on Loan.
*		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.
††		Security valued using significant unobservable inputs (Level 3).
^		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 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 April 30, 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		656		06/17/22	$	144,157,549	$	135,382,000	$	(8,775,549	)

Total Futures Contracts					$	144,157,549	$	135,382,000	$	(8,775,549	)

Summary of the Series’ investments as of April 30, 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		—		$	848,421,503		—	$	848,421,503
Austria		—			11,747,317		—		11,747,317
Belgium		—			72,051,851		—		72,051,851
Canada	$	1,368,498,136			—		—		1,368,498,136
China		—			5,078,444		—		5,078,444
Denmark		—			208,840,317		—		208,840,317
Finland		—			110,933,704		—		110,933,704
France		—			1,150,413,599		—		1,150,413,599
Germany		14,652,317			816,598,751		—		831,251,068
Hong Kong		—			263,304,449		—		263,304,449
Ireland		20,934,891			16,939,394		—		37,874,285
Israel		7,604,683			41,820,654		—		49,425,337
Italy		4,847,419			212,078,842		—		216,926,261
Japan		16,510,386			2,249,603,647		—		2,266,114,033
Netherlands		24,909,033			379,027,061		—		403,936,094
New Zealand		—			27,339,899		—		27,339,899
Norway		—			128,268,016		—		128,268,016
Portugal		—			10,103,211		—		10,103,211
Singapore		3,986,028			103,493,449		—		107,479,477
Spain		5,053,721			203,373,962		—		208,427,683
Sweden		—			307,180,305		—		307,180,305
Switzerland		173,029,123			876,389,080		—		1,049,418,203
United Kingdom		905,791,569			946,778,157		—		1,852,569,726
Preferred Stocks
Germany		—			135,621,181		—		135,621,181
Rights/Warrants
Canada		—			302,591		—		302,591
Securities Lending Collateral		—			803,847,136		—		803,847,136
Futures Contracts**		(8,775,549	)		—		—		(8,775,549	)

TOTAL	$	2,537,041,757		$	9,929,556,520		—	$	12,466,598,277

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

THE JAPANESE SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (97.9%)
COMMUNICATION SERVICES — (2.8%)
#	Accrete, Inc.		20,600	$	186,867
#	Adways, Inc.		46,200		278,351
#	Aeria, Inc.		15,800		46,087
	Aiming, Inc.		36,300		91,214
	Akatsuki, Inc.		45,400		1,051,793
*	Allied Architects, Inc.		17,700		87,846
*	AlphaPolis Co. Ltd.		13,000		332,414
	Amuse, Inc.		33,700		508,273
	ARTERIA Networks Corp.		63,000		645,295
	Asahi Broadcasting Group Holdings Corp.		57,600		313,041
#	Asahi Net, Inc.		109,100		488,950
*	Atrae, Inc.		93,600		1,292,476
	Avex, Inc.		234,900		2,525,109
# *	Bengo4.com, Inc.		46,600		1,199,165
#	Broadmedia Corp.		5,520		41,800
	Broccoli Co. Ltd.		4,400		38,534
	CareerIndex, Inc.		6,500		28,322
	Carta Holdings, Inc.		29,200		554,423
	Ceres, Inc.		50,700		559,088
#	CL Holdings, Inc.		20,700		175,049
	COLOPL, Inc.		156,900		773,300
# *	COOKPAD, Inc.		183,200		383,397
*	DeNA Co. Ltd.		411,700		5,967,211
	Digital Holdings, Inc.		58,600		663,526
	Dip Corp.		198,900		6,484,703
	Direct Marketing MiX, Inc.		10,800		132,571
*	Drecom Co. Ltd.		24,400		93,244
#	Faith, Inc.		56,010		315,910
	FAN Communications, Inc.		38,500		127,831
	Fibergate, Inc.		22,300		198,962
*	FreakOut Holdings, Inc.		10,100		162,940
#	Freebit Co. Ltd.		55,300		374,012
	Fuji Media Holdings, Inc.		132,700		1,146,106
	Gakken Holdings Co. Ltd.		132,500		901,199
	geechs, Inc.		13,300		119,787
	GungHo Online Entertainment, Inc.		273,700		5,584,123
#	Imagica Group, Inc.		112,500		595,724
	Imagineer Co. Ltd.		1,600		11,613
	i-mobile Co. Ltd.		4,900		49,148
	Intage Holdings, Inc.		216,000		2,628,041
#	IPS, Inc.		17,200		288,643
	ITmedia, Inc.		53,900		693,057
# *	Japan Communications, Inc.		629,600		882,635
# *	Jimoty, Inc.		6,600		93,255
	J-Stream, Inc.		26,900		151,452
#	Kamakura Shinsho Ltd.		25,700		113,376
*	KLab, Inc.		217,400		739,032
	LIFULL Co. Ltd.		444,000		774,508
# *	Macbee Planet, Inc.		3,400		155,882
	Macromill, Inc.		234,500		2,156,735
	MarkLines Co. Ltd.		72,900		1,501,544
	Marvelous, Inc.		195,700		1,150,445
#	Members Co. Ltd.		50,400		1,199,573

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
COMMUNICATION SERVICES — (Continued)
	Mixi, Inc.		259,600	$	4,465,765
*	Mobile Factory, Inc.		10,500		77,946
	MTI Ltd.		132,500		484,526
	Mynet, Inc.		3,500		15,048
# *	NexTone, Inc.		26,300		566,764
	Okinawa Cellular Telephone Co		81,800		3,147,771
#	Orchestra Holdings, Inc.		3,000		58,600
	Oricon, Inc.		27,800		197,768
# *	PR Times, Inc.		11,900		193,806
	Proto Corp.		160,300		1,259,172
	Septeni Holdings Co. Ltd.		437,600		2,215,144
*	Shobunsha Holdings, Inc.		212,400		670,604
	SKY Perfect JSAT Holdings, Inc.		917,800		2,973,130
	Toei Co. Ltd.		700		92,844
	Tohokushinsha Film Corp.		94,800		445,496
*	Tokyu Recreation Co. Ltd.		19,200		742,763
#	Tow Co. Ltd.		253,800		615,207
	Trenders, Inc.		2,800		22,184
	TV Asahi Holdings Corp.		98,500		1,125,103
	Tv Tokyo Holdings Corp.		67,800		1,060,453
	Usen-Next Holdings Co. Ltd.		73,500		1,206,401
	ValueCommerce Co. Ltd.		107,900		3,152,999
#	V-Cube, Inc.		80,700		565,047
	Vector, Inc.		203,800		1,949,011
	Wowow, Inc.		37,900		449,345
#	Zenrin Co. Ltd.		222,450		1,617,890
	ZIGExN Co. Ltd.		62,900		148,323

TOTAL COMMUNICATION SERVICES					76,576,692

CONSUMER DISCRETIONARY — (14.2%)
	&Do Holdings Co. Ltd.		57,400		398,334
	Adastria Co. Ltd.		153,240		2,539,645
#	Adventure, Inc.		8,800		610,582
#	Aeon Fantasy Co. Ltd.		48,932		804,911
#	Ahresty Corp.		148,300		412,982
	Ainavo Holdings Co. Ltd.		5,600		40,252
#	Airtrip Corp.		40,600		989,466
	Aisan Industry Co. Ltd.		213,700		1,152,030
*	Akebono Brake Industry Co. Ltd.		578,900		683,663
#	Alleanza Holdings Co. Ltd.		80,800		622,072
	Alpen Co. Ltd.		98,500		1,493,069
#	Alpha Corp.		35,400		265,838
	Amiyaki Tei Co. Ltd.		28,200		630,262
#	AOKI Holdings, Inc.		244,500		1,150,764
	Aoyama Trading Co. Ltd.		249,400		1,268,302
	Arata Corp.		87,800		2,425,920
	Arcland Sakamoto Co. Ltd.		17,700		211,870
#	Arcland Service Holdings Co. Ltd.		94,800		1,638,261
	Asahi Co. Ltd.		110,100		1,126,430
	Asante, Inc.		16,800		189,598
	Ashimori Industry Co. Ltd.		29,499		209,921
	ASKUL Corp.		226,900		2,778,515
	Asti Corp.		19,400		249,211
*	Atsugi Co. Ltd.		95,600		394,676
	Aucnet, Inc.		61,600		724,654
	Autobacs Seven Co. Ltd.		438,800		4,620,135
	Avantia Co. Ltd.		66,500		433,222
	Baroque Japan Ltd.		90,200		544,523
#	Beauty Garage, Inc.		20,100		424,081

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Beenos, Inc.		30,500	$	420,884
#	Belluna Co. Ltd.		335,500		1,884,554
	Benesse Holdings, Inc.		317,000		5,546,512
#	Bic Camera, Inc.		481,400		4,063,202
#	Bike O & Co. Ltd.		33,600		291,375
#	Bookoff Group Holdings Ltd.		66,600		510,481
#	Can Do Co. Ltd.		6,180		109,867
	Central Automotive Products Ltd.		80,500		1,295,765
#	Central Sports Co. Ltd.		45,800		839,487
#	Chiyoda Co. Ltd.		110,800		599,926
	Chofu Seisakusho Co. Ltd.		122,400		1,802,099
	Chuo Spring Co. Ltd.		81,700		422,448
	Cleanup Corp.		139,400		562,798
#	Colowide Co. Ltd.		92,000		1,177,512
	Corona Corp.		97,200		629,202
	Create Restaurants Holdings, Inc.		558,900		3,495,290
*	CROOZ, Inc.		22,400		122,633
	Curves Holdings Co. Ltd.		163,900		960,703
	Daido Metal Co. Ltd.		229,900		988,633
*	Daidoh Ltd.		59,200		63,427
	Daikoku Denki Co. Ltd.		50,900		500,088
	Daikyonishikawa Corp.		255,500		987,435
	Daimaruenawin Co. Ltd.		3,400		27,741
#	Dainichi Co. Ltd.		67,100		331,345
	DCM Holdings Co. Ltd.		735,000		6,068,707
#	Diamond Electric Holdings Co. Ltd.		3,400		24,613
	Doshisha Co. Ltd.		136,300		1,605,514
	Doutor Nichires Holdings Co. Ltd.		186,086		2,138,701
	Dynic Corp.		36,400		202,621
	Eagle Industry Co. Ltd.		168,200		1,340,198
	EAT & Holdings Co. Ltd.		33,000		554,847
#	EDION Corp.		526,900		4,741,562
#	Enigmo, Inc.		157,600		622,083
	ES-Con Japan Ltd.		27,400		160,585
#	Eslead Corp.		47,700		618,210
	ESTELLE Holdings Co. Ltd.		12,600		61,247
	Exedy Corp.		191,400		2,279,214
#	FCC Co. Ltd.		231,100		2,308,433
	Felissimo Corp.		20,600		179,534
	Fields Corp.		23,100		158,144
	Fine Sinter Co. Ltd.		10,300		110,291
#	First Juken Co. Ltd.		46,400		399,666
	First-corp, Inc.		45,300		275,065
#	FJ Next Holdings Co. Ltd.		106,600		818,714
	Foster Electric Co. Ltd.		134,000		713,489
#	F-Tech, Inc.		84,700		349,225
	Fuji Corp.		72,800		627,248
	Fuji Corp. Ltd.		175,400		836,139
	Fuji Kyuko Co. Ltd.		42,900		1,357,543
	Fujibo Holdings, Inc.		66,200		1,629,973
	Fujikura Composites, Inc.		121,100		635,377
	Fujishoji Co. Ltd.		52,700		346,189
*	Fujita Kanko, Inc.		9,700		175,639
	Fujitsu General Ltd.		6,400		113,754
	FuKoKu Co. Ltd.		66,400		480,020
#	Furukawa Battery Co. Ltd.		88,000		813,298
	Furyu Corp.		113,200		894,091
	Futaba Industrial Co. Ltd.		346,800		1,054,374
#	Gakkyusha Co. Ltd.		49,300		610,653

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	Genki Sushi Co. Ltd.		29,900	$	573,602
	Geo Holdings Corp.		188,400		1,826,885
#	Gift Holdings, Inc.		20,300		364,108
	GLOBERIDE, Inc.		106,198		2,142,860
	Golf Digest Online, Inc.		64,100		502,126
#	GSI Creos Corp.		63,184		578,610
	G-Tekt Corp.		145,100		1,396,611
	Gunze Ltd.		98,000		2,821,232
	H2O Retailing Corp.		542,045		3,545,669
	Hagihara Industries, Inc.		79,000		624,508
#	Hamee Corp.		36,100		303,103
	Handsman Co. Ltd.		43,500		370,507
	Happinet Corp.		99,600		1,162,280
	Hard Off Corp. Co. Ltd.		58,800		370,415
# *	Haruyama Holdings, Inc.		37,100		133,365
	Heian Ceremony Service Co. Ltd.		8,300		50,523
	Heiwa Corp.		185,200		2,784,592
#	HI-LEX Corp.		121,700		1,066,957
	Himaraya Co. Ltd.		32,100		231,141
	H-One Co. Ltd.		128,900		589,671
	Honeys Holdings Co. Ltd.		118,640		976,258
	Hoosiers Holdings		214,800		1,078,879
	Hotland Co. Ltd.		41,100		431,195
	IBJ, Inc.		125,900		691,559
	Ichibanya Co. Ltd.		57,958		2,153,521
	Ichikoh Industries Ltd.		194,100		561,048
	IDOM, Inc.		380,600		1,907,068
	IJTT Co. Ltd.		133,980		529,133
#	Imasen Electric Industrial		50,200		230,765
* ††	Izuhakone Railway Co. Ltd.		300		0
	Izumi Co. Ltd.		100,900		2,192,924
	J Front Retailing Co. Ltd.		548,700		4,111,752
#	JANOME Corp.		109,400		576,023
	Japan Best Rescue System Co. Ltd.		39,800		311,970
	Japan Wool Textile Co. Ltd.		318,400		2,379,947
	JINS Holdings, Inc.		82,900		2,732,247
# *	Joban Kosan Co. Ltd.		41,499		400,242
#	Joshin Denki Co. Ltd.		109,800		1,693,375
	Joyful Honda Co. Ltd.		129,000		1,547,116
	JP-Holdings, Inc.		360,900		591,646
#	JVCKenwood Corp.		1,051,800		1,493,768
# *	Kasai Kogyo Co. Ltd.		163,600		340,161
	Kawai Musical Instruments Manufacturing Co. Ltd.		36,600		833,633
	Keiyo Co. Ltd.		245,000		1,729,149
	KeyHolder, Inc.		2,100		9,373
	KFC Holdings Japan Ltd.		84,900		1,860,338
#	King Co. Ltd.		54,100		221,597
# *	Kintetsu Department Store Co. Ltd.		23,800		470,406
#	Ki-Star Real Estate Co. Ltd.		50,100		2,066,546
	Kohnan Shoji Co. Ltd.		157,700		4,567,028
#	Kojima Co. Ltd.		197,700		965,998
#	Komatsu Matere Co. Ltd.		211,600		2,452,029
	KOMEDA Holdings Co. Ltd.		304,100		5,238,716
#	Komehyo Holdings Co. Ltd.		42,400		565,444
	Komeri Co. Ltd.		204,100		4,311,235
#	Konaka Co. Ltd.		163,506		426,970
#	K’s Holdings Corp.		659,100		6,527,143
#	KU Holdings Co. Ltd.		115,500		946,556
	Kurabo Industries Ltd.		114,100		1,565,430

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	KYB Corp.		122,000	$	2,761,467
	LEC, Inc.		150,800		1,010,529
	LITALICO, Inc.		108,000		2,227,934
# *	Locondo, Inc.		21,000		163,004
#	Look Holdings, Inc.		37,100		439,504
	Mars Group Holdings Corp.		81,500		1,063,173
	Maruzen CHI Holdings Co. Ltd.		106,300		313,390
	Matsuoka Corp.		10,200		85,996
	Matsuyafoods Holdings Co. Ltd.		17,000		496,300
	Media Do Co. Ltd.		54,200		715,277
	Meiko Network Japan Co. Ltd.		61,200		274,887
#	Meiwa Estate Co. Ltd.		75,500		349,144
#	Mikuni Corp.		154,900		455,373
#	Mitsuba Corp.		204,690		553,658
	Mizuno Corp.		118,000		1,941,871
	Monogatari Corp.		66,800		2,785,567
	Morito Co. Ltd.		107,800		637,738
#	MrMax Holdings Ltd.		161,600		759,348
	Murakami Corp.		31,800		583,186
	Musashi Seimitsu Industry Co. Ltd.		302,800		3,077,221
	Nafco Co. Ltd.		54,200		700,526
	Nagase Brothers, Inc.		200		8,235
#	Nagawa Co. Ltd.		48,800		3,439,703
#	Nakayamafuku Co. Ltd.		74,400		198,439
	New Art Holdings Co. Ltd.		28,734		293,880
	Nextage Co. Ltd.		292,600		4,471,936
	NHK Spring Co. Ltd.		876,456		5,660,968
	Nichirin Co. Ltd.		61,160		731,968
	Nihon House Holdings Co. Ltd.		244,800		758,134
#	Nihon Plast Co. Ltd.		107,800		408,694
	Nihon Tokushu Toryo Co. Ltd.		81,900		505,703
	Nikki Co. Ltd.		2,100		30,216
#	Nippon Felt Co. Ltd.		84,000		275,653
#	Nippon Piston Ring Co. Ltd.		49,800		484,346
	Nippon Seiki Co. Ltd.		303,200		2,194,883
	Nishikawa Rubber Co. Ltd.		38,500		388,938
	Nishimatsuya Chain Co. Ltd.		258,300		3,170,165
	Nissan Shatai Co. Ltd.		477,300		2,081,570
	Nissan Tokyo Sales Holdings Co. Ltd.		166,400		283,011
	NITTAN Corp.		93,500		193,044
	Nojima Corp.		201,000		4,042,600
	NOK Corp.		321,180		2,732,686
#	Ohashi Technica, Inc.		68,600		680,727
	Ohsho Food Service Corp.		86,600		4,066,350
# *	Oisix ra daichi, Inc.		147,000		3,020,833
	Onward Holdings Co. Ltd.		633,700		1,183,515
#	Ozu Corp.		22,200		341,069
	Pacific Industrial Co. Ltd.		277,000		2,147,668
	PAL GROUP Holdings Co. Ltd.		139,800		1,560,183
#	PAPYLESS Co. Ltd.		26,600		264,096
	Paris Miki Holdings, Inc.		115,700		239,921
	PC Depot Corp.		183,381		434,461
	People Co. Ltd.		1,300		10,533
#	Piolax, Inc.		181,700		2,119,802
	Plenus Co. Ltd.		78,800		1,157,487
#	Premium Water Holdings, Inc.		8,100		159,146
#	Press Kogyo Co. Ltd.		598,500		1,798,132
#	Pressance Corp.		109,900		1,319,321
*	QB Net Holdings Co. Ltd.		50,300		558,203

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
#	Raccoon Holdings, Inc.		111,700	$	1,189,948
	Regal Corp.		1,500		21,616
	Resorttrust, Inc.		523,464		8,806,514
	Rhythm Co. Ltd.		43,600		562,926
	Riberesute Corp.		46,100		284,328
#	Ride On Express Holdings Co. Ltd.		46,900		420,920
*	Right On Co. Ltd.		94,925		515,109
#	Riken Corp.		50,100		914,253
	Riso Kyoiku Co. Ltd.		671,200		1,992,819
#	Rock Field Co. Ltd.		94,800		1,036,067
	Roland Corp.		46,300		1,597,808
	Round One Corp.		30,500		339,473
#	Sac’s Bar Holdings, Inc.		122,950		477,466
	San Holdings, Inc.		59,900		728,240
	Sanei Architecture Planning Co. Ltd.		55,200		714,229
	Sangetsu Corp.		291,250		3,489,190
	Sankyo Co. Ltd.		246,900		7,104,545
	Sankyo Seiko Co. Ltd.		235,700		994,205
	Sanoh Industrial Co. Ltd.		154,900		835,336
#	Sanyo Electric Railway Co. Ltd.		109,998		1,752,147
# *	Sanyo Shokai Ltd.		64,699		419,334
#	Scroll Corp.		189,200		1,156,844
	Seiko Holdings Corp.		165,881		2,840,036
	Seiren Co. Ltd.		284,000		4,501,224
	Senshukai Co. Ltd.		174,600		534,227
	Seria Co. Ltd.		133,400		2,608,757
#	Shidax Corp.		149,800		425,147
	Shikibo Ltd.		68,600		460,507
#	Shimojima Co. Ltd.		48,800		352,516
	Shin-Nihon Tatemono Co. Ltd.		29,800		90,143
	Shoei Co. Ltd.		152,600		5,661,355
*	Silver Life Co. Ltd.		15,300		168,517
#	Snow Peak, Inc.		186,400		3,416,857
#	SNT Corp.		164,500		274,163
	Soft99 Corp.		84,400		755,487
	Sotoh Co. Ltd.		49,100		332,353
	SPK Corp.		48,600		498,948
	Sprix Ltd.		31,300		292,686
	St. Marc Holdings Co. Ltd.		111,200		1,271,119
	Step Co. Ltd.		60,800		839,538
#	Suminoe Textile Co. Ltd.		31,100		448,153
	Sumitomo Riko Co. Ltd.		252,100		1,077,566
	Suncall Corp.		129,600		499,368
# *	SuRaLa Net Co. Ltd.		2,700		21,406
	Syuppin Co. Ltd.		134,200		1,271,853
#	T RAD Co. Ltd.		42,900		750,693
	Tachikawa Corp.		71,600		574,335
#	Tachi-S Co. Ltd.		195,940		1,525,827
#	Taiho Kogyo Co. Ltd.		113,300		557,950
	Takashimaya Co. Ltd.		914,300		8,339,552
	Takasho Co. Ltd.		15,400		81,399
#	Takihyo Co. Ltd.		30,600		257,751
#	Tama Home Co. Ltd.		101,400		1,978,670
	Tamron Co. Ltd.		103,400		1,822,772
#	Tbk Co. Ltd.		155,300		412,871
	Tear Corp.		60,900		207,597
#	Temairazu, Inc.		14,900		523,937
	T-Gaia Corp.		138,100		1,750,404
#	Tigers Polymer Corp.		79,800		264,469

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
	Toa Corp.		144,900	$	783,098
	Toabo Corp.		42,099		125,712
	Tokai Rika Co. Ltd.		326,000		3,434,798
#	Token Corp.		46,450		3,091,962
*	Tokyo Base Co. Ltd.		130,100		329,186
#	Tokyo Individualized Educational Institute, Inc.		103,700		467,791
	Tokyo Radiator Manufacturing Co. Ltd.		24,300		121,498
	Tokyotokeiba Co. Ltd.		99,900		3,399,428
	Tomy Co. Ltd.		567,193		5,381,288
	Topre Corp.		224,500		1,903,432
	Toridoll Holdings Corp.		306,200		5,553,200
	Toyo Tire Corp.		140,800		1,614,968
	Toyoda Gosei Co. Ltd.		16,800		244,641
	TPR Co. Ltd.		159,300		1,526,759
	Treasure Factory Co. Ltd.		10,300		76,340
	TS Tech Co. Ltd.		449,686		4,692,753
	TSI Holdings Co. Ltd.		310,995		727,835
# *	Tsukada Global Holdings, Inc.		86,100		211,903
	Tsukamoto Corp. Co. Ltd.		18,100		177,425
	Tsutsumi Jewelry Co. Ltd.		40,100		581,865
#	Twinbird Corp.		9,200		41,028
#	Unipres Corp.		241,100		1,387,793
*	Unitika Ltd.		373,200		803,380
	Univance Corp.		10,000		34,214
*	Universal Entertainment Corp.		98,000		1,753,444
	Valuence Holdings, Inc.		1,600		16,438
*	Village Vanguard Co. Ltd.		36,600		289,552
	VT Holdings Co. Ltd.		497,100		1,759,778
	Wacoal Holdings Corp.		267,700		3,813,049
#	Waseda Academy Co. Ltd.		43,600		353,231
	Watts Co. Ltd.		52,100		283,391
	Weds Co. Ltd.		14,500		53,135
	World Co. Ltd.		90,600		903,958
	Xebio Holdings Co. Ltd.		165,200		1,166,813
	Yachiyo Industry Co. Ltd.		48,100		243,822
	Yagi & Co. Ltd.		18,600		170,439
# *	Yamada Holdings Co. Ltd.		58,900		175,880
	Yamae Group Holdings Co. Ltd.		9,400		73,906
#	Yamato International, Inc.		100,500		220,714
#	Yasunaga Corp.		48,200		259,440
	Yellow Hat Ltd.		222,800		2,783,221
#	Yondoshi Holdings, Inc.		97,520		1,266,635
	Yonex Co. Ltd.		2,300		14,984
	Yorozu Corp.		126,100		750,937
	Yoshinoya Holdings Co. Ltd.		187,500		3,411,282
	Yutaka Giken Co. Ltd.		8,700		118,822
	Zojirushi Corp.		14,700		155,446

TOTAL CONSUMER DISCRETIONARY					389,703,906

CONSUMER STAPLES — (7.6%)
#	Aeon Hokkaido Corp.		180,300		1,445,571
#	AFC-HD AMS Life Science Co. Ltd.		53,800		309,893
#	Ain Holdings, Inc.		147,300		6,607,099
#	Albis Co. Ltd.		38,700		667,659
	Arcs Co. Ltd.		274,400		4,344,155
	Artnature, Inc.		116,400		663,806
	Axial Retailing, Inc.		108,000		2,828,405
	Belc Co. Ltd.		67,800		2,887,423
	Bourbon Corp.		54,800		879,113

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER STAPLES — (Continued)
	Bull-Dog Sauce Co. Ltd.		3,000	$	43,947
	Cawachi Ltd.		77,000		1,213,498
	C’BON COSMETICS Co. Ltd.		10,800		142,157
	Chubu Shiryo Co. Ltd.		132,400		1,040,146
	Chuo Gyorui Co. Ltd.		9,800		216,079
	Como Co. Ltd.		2,600		52,607
#	Cota Co. Ltd.		113,591		1,248,417
	Create SD Holdings Co. Ltd.		128,200		2,932,334
#	Daikokutenbussan Co. Ltd.		35,700		1,313,871
	Delica Foods Holdings Co. Ltd.		66,400		273,321
	DyDo Group Holdings, Inc.		59,300		2,299,089
	Earth Corp.		74,600		3,152,742
	Ebara Foods Industry, Inc.		30,900		686,823
	Eco’s Co. Ltd.		46,600		712,361
	Ensuiko Sugar Refining Co. Ltd.		86,200		140,640
	Ezaki Glico Co. Ltd.		144,500		4,142,610
	Feed One Co. Ltd.		155,448		793,017
#	Fuji Co. Ltd.		118,700		2,040,649
	Fuji Oil Holdings, Inc.		195,000		2,767,408
	Fujicco Co. Ltd.		124,100		1,939,208
	Fujiya Co. Ltd.		70,000		1,293,607
#	G-7 Holdings, Inc.		141,300		1,774,425
	Genky DrugStores Co. Ltd.		51,000		1,430,787
#	HABA Laboratories, Inc.		15,000		234,658
	Hagoromo Foods Corp.		17,900		424,110
	Halows Co. Ltd.		56,100		1,340,733
	Heiwado Co. Ltd.		194,900		2,940,285
	Hokkaido Coca-Cola Bottling Co. Ltd.		18,699		592,797
	Hokuto Corp.		140,000		2,198,965
#	Ichimasa Kamaboko Co. Ltd.		46,500		297,770
	Imuraya Group Co. Ltd.		61,500		1,062,979
#	Inageya Co. Ltd.		35,200		365,209
*	I-NE Co. Ltd.		4,100		105,766
	Itochu-Shokuhin Co. Ltd.		35,100		1,340,199
	Itoham Yonekyu Holdings, Inc.		706,300		3,554,839
	Iwatsuka Confectionery Co. Ltd.		8,700		265,220
	JM Holdings Co. Ltd.		77,000		963,572
	J-Oil Mills, Inc.		122,300		1,495,046
	Kadoya Sesame Mills, Inc.		15,600		424,524
	Kagome Co. Ltd.		119,500		2,990,612
#	Kakiyasu Honten Co. Ltd.		53,400		978,172
#	Kameda Seika Co. Ltd.		86,000		2,799,166
#	Kaneko Seeds Co. Ltd.		44,700		617,588
	Kanemi Co. Ltd.		1,200		24,845
	Kansai Food Market Ltd.		47,300		490,309
	Kato Sangyo Co. Ltd.		152,100		3,946,711
	Kenko Mayonnaise Co. Ltd.		73,300		783,807
#	Kitanotatsujin Corp.		367,500		483,603
	KOIKE YA, Inc.		300		12,070
	Kusuri no Aoki Holdings Co. Ltd.		74,900		3,318,379
	Kyokuyo Co. Ltd.		59,999		1,501,706
	Lacto Japan Co. Ltd.		47,000		721,219
	Life Corp.		72,400		1,651,580
	Mandom Corp.		124,400		1,236,875
	Marudai Food Co. Ltd.		129,900		1,517,418
	Maruha Nichiro Corp.		216,707		3,988,284
	Maxvalu Tokai Co. Ltd.		47,000		938,403
#	Medical System Network Co. Ltd.		155,300		602,961
	Megmilk Snow Brand Co. Ltd.		280,000		4,173,634

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER STAPLES — (Continued)
	Meito Sangyo Co. Ltd.		54,100	$	674,051
	Milbon Co. Ltd.		159,852		6,693,147
#	Ministop Co. Ltd.		90,500		974,596
	Mitsubishi Shokuhin Co. Ltd.		103,900		2,575,255
	Mitsui DM Sugar Holdings Co. Ltd.		111,970		1,665,291
	Miyoshi Oil & Fat Co. Ltd.		42,900		380,233
	Morinaga & Co. Ltd.		189,199		5,866,812
	Morinaga Milk Industry Co. Ltd.		900		36,245
	Morozoff Ltd.		37,800		874,211
	MTG Co. Ltd.		24,700		275,349
#	Nagatanien Holdings Co. Ltd.		74,900		1,129,224
	Nakamuraya Co. Ltd.		27,299		658,829
	Natori Co. Ltd.		65,000		1,008,831
#	Nichimo Co. Ltd.		17,000		341,981
	Nihon Chouzai Co. Ltd.		73,420		714,278
	Niitaka Co. Ltd.		12,360		227,177
	Nippn Corp.		346,000		4,500,243
	Nippon Beet Sugar Manufacturing Co. Ltd.		65,500		837,339
	Nippon Suisan Kaisha Ltd.		1,893,700		8,361,278
	Nishimoto Co. Ltd.		19,500		418,817
	Nisshin Oillio Group Ltd.		156,000		3,530,477
#	Nissin Sugar Co. Ltd.		98,600		1,301,843
	Nitto Fuji Flour Milling Co. Ltd.		16,200		524,962
	Noevir Holdings Co. Ltd.		83,400		3,270,036
#	Oenon Holdings, Inc.		294,200		718,462
# *	OIE Sangyo Co. Ltd.		22,000		154,808
	Okuwa Co. Ltd.		155,300		1,042,319
	Olympic Group Corp.		52,200		266,585
	OUG Holdings, Inc.		21,300		437,804
#	Pickles Corp.		56,900		555,313
	Pigeon Corp.		118,400		2,019,314
# *	Premier Anti-Aging Co. Ltd.		2,400		69,018
	Prima Meat Packers Ltd.		178,700		2,930,347
	Qol Holdings Co. Ltd.		165,500		1,393,048
	Retail Partners Co. Ltd.		107,600		937,391
	Riken Vitamin Co. Ltd.		143,900		1,891,635
	Rokko Butter Co. Ltd.		84,200		1,003,285
	S Foods, Inc.		116,762		2,716,447
	S&B Foods, Inc.		42,798		1,189,435
#	Sagami Rubber Industries Co. Ltd.		57,700		326,155
	Sakata Seed Corp.		14,000		471,404
	San-A Co. Ltd.		116,600		3,660,349
	Sapporo Holdings Ltd.		392,620		8,172,025
	Sato Foods Co. Ltd.		800		29,631
	Satudora Holdings Co. Ltd.		3,900		19,899
#	Shinnihonseiyaku Co. Ltd.		34,100		380,554
	Shinobu Foods Products Co. Ltd.		1,600		7,492
#	Shoei Foods Corp.		68,000		2,042,321
	Showa Sangyo Co. Ltd.		114,300		2,312,190
#	Soiken Holdings, Inc.		39,400		92,654
	ST Corp.		36,100		419,244
	Starzen Co. Ltd.		90,600		1,379,140
	Takara Holdings, Inc.		353,300		2,975,806
	Toho Co. Ltd.		49,900		432,418
#	Torigoe Co. Ltd. (The)		94,500		470,157
	Toyo Sugar Refining Co. Ltd.		14,500		109,723
#	Transaction Co. Ltd.		89,700		724,753
	United Super Markets Holdings, Inc.		353,200		2,988,311
	Valor Holdings Co. Ltd.		225,800		3,557,334

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER STAPLES — (Continued)
	Warabeya Nichiyo Holdings Co. Ltd.		88,260	$	1,128,917
#	Watahan & Co. Ltd.		94,100		964,447
	Yaizu Suisankagaku Industry Co. Ltd.		62,100		429,203
#	YAKUODO Holdings Co. Ltd.		69,400		962,484
	Yamami Co		1,200		15,608
#	YA-MAN Ltd.		194,200		1,850,993
	Yamatane Corp.		59,900		767,271
#	Yamaya Corp.		23,500		451,025
#	Yamazawa Co. Ltd.		11,800		139,019
#	Yaoko Co. Ltd.		28,500		1,507,726
	Yokorei Co. Ltd.		310,600		2,075,921
	Yomeishu Seizo Co. Ltd.		48,700		648,231
*	Yoshimura Food Holdings KK		29,300		120,726
# *	Yuasa Funashoku Co. Ltd.		14,300		285,589
	Yukiguni Maitake Co. Ltd.		18,600		150,073
	Yutaka Foods Corp.		3,900		54,381

TOTAL CONSUMER STAPLES					208,955,771

ENERGY — (1.0%)
	BP Castrol KK		44,100		430,041
	Cosmo Energy Holdings Co. Ltd.		335,800		8,342,741
	Fuji Kosan Co. Ltd.		4,400		30,007
#	Fuji Oil Co. Ltd.		292,200		628,378
	Itochu Enex Co. Ltd.		356,500		2,951,549
	Japan Oil Transportation Co. Ltd.		15,500		308,728
#	Japan Petroleum Exploration Co. Ltd.		226,200		4,509,067
	Mitsuuroko Group Holdings Co. Ltd.		197,500		1,527,520
	Modec, Inc.		134,300		1,259,217
	Nippon Coke & Engineering Co. Ltd.		978,100		1,025,591
	Sala Corp.		324,100		1,558,638
	San-Ai Oil Co. Ltd.		390,600		2,867,417
	Sinanen Holdings Co. Ltd.		46,900		1,169,060
	Toa Oil Co. Ltd.		46,200		958,885
	Toyo Kanetsu KK		48,700		910,480

TOTAL ENERGY					28,477,319

FINANCIALS — (8.9%)
	77 Bank Ltd.		364,552		4,520,268
#	Advance Create Co. Ltd.		63,400		452,474
	AEON Financial Service Co. Ltd.		124,500		1,144,578
	Aichi Bank Ltd. (The)		48,700		1,722,214
#	Aiful Corp.		2,090,100		5,957,456
#	Aizawa Securities Group Co. Ltd.		205,200		1,058,437
	Akatsuki Corp.		144,000		342,777
	Akita Bank Ltd. (The)		88,440		1,135,498
	Anicom Holdings, Inc.		108,300		510,863
*	Aruhi Corp.		162,500		1,250,673
	Asax Co. Ltd.		9,300		42,320
#	Awa Bank Ltd.		233,000		3,845,753
	Bank of Iwate Ltd. (The)		82,982		1,230,849
#	Bank of Kochi Ltd. (The)		56,100		328,663
#	Bank of Nagoya Ltd. (The)		75,630		1,825,306
	Bank of Saga Ltd. (The)		84,920		933,714
	Bank of the Ryukyus Ltd.		262,280		1,634,184
#	Bank of Toyama Ltd. (The)		14,500		224,450
#	Casa, Inc.		28,400		173,769
#	Chiba Kogyo Bank Ltd. (The)		264,158		551,775
	Chugoku Bank Ltd.		607,300		4,465,815

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares			Value»
FINANCIALS — (Continued)
#	Chukyo Bank Ltd. (The)		61,400		$	776,204
#	Credit Saison Co. Ltd.		735,700			8,286,519
	Daishi Hokuetsu Financial Group, Inc.		262,500			5,077,369
#	Daito Bank Ltd.		62,600			315,425
	eGuarantee, Inc.		217,000			3,602,294
#	Ehime Bank Ltd. (The)		211,700			1,502,441
	Entrust, Inc.		54,900			218,889
	FIDEA Holdings Co. Ltd.		128,790			1,279,880
#	Financial Products Group Co. Ltd.		106,900			654,197
	First Bank of Toyama Ltd. (The)		319,000			798,617
#	First Brothers Co. Ltd.		34,600			222,052
#	Fukui Bank Ltd. (The)		127,100			1,325,737
	Fukushima Bank Ltd.		17,200			28,230
	Fuyo General Lease Co. Ltd.		116,200			6,286,985
#	GMO Financial Holdings, Inc.		249,100			1,545,180
	Gunma Bank Ltd.		2,064,840			5,935,474
	Hachijuni Bank Ltd.		1,459,600			4,813,379
#	Hirogin Holdings, Inc.		1,534,800			7,562,207
*	Hirose Tusyo, Inc.		20,800			369,166
#	Hokkoku Financial Holdings, Inc.		145,200			4,188,657
	Hokuhoku Financial Group, Inc.		801,100			5,420,939
	HS Holdings Co. Ltd.		152,200			1,535,865
	Hyakugo Bank Ltd.		1,393,709			3,688,514
	Hyakujushi Bank Ltd. (The)		134,700			1,747,933
	Ichiyoshi Securities Co. Ltd.		230,400			1,014,178
	IwaiCosmo Holdings, Inc.		123,900			1,207,134
	Iyo Bank Ltd.		1,034,718			5,017,239
	J Trust Co. Ltd.		345,400			831,309
	Jaccs Co. Ltd.		147,700			3,735,016
	JAFCO Group Co. Ltd.		592,800			7,146,889
*	Japan Asia Investment Co. Ltd.		82,100			149,355
#	Japan Investment Adviser Co. Ltd.		70,300			638,308
#	Japan Securities Finance Co. Ltd.		581,200			4,198,189
#	Jimoto Holdings, Inc.		113,150			531,187
#	J-Lease Co. Ltd.		31,900			358,247
	Juroku Financial Group, Inc.		191,700			3,220,029
	Keiyo Bank Ltd.		669,700			2,552,130
#	Kita-Nippon Bank Ltd. (The)		43,506			519,063
	Kiyo Bank Ltd.		417,390			4,578,256
#	Kyokuto Securities Co. Ltd.		152,800			822,546
	Kyushu Financial Group, Inc.		1,601,937			4,916,103
#	Kyushu Leasing Service Co. Ltd.		34,000			153,369
*	M&A Capital Partners Co. Ltd.		92,100			2,860,695
#	Marusan Securities Co. Ltd.		336,700	��		1,280,800
#	Matsui Securities Co. Ltd.		479,400			2,965,002
	Mercuria Holdings Co. Ltd.		58,400			266,955
#	Minkabu The Infonoid, Inc.		21,700			442,094
#	Mito Securities Co. Ltd.		359,500			724,286
	Miyazaki Bank Ltd. (The)		102,900			1,635,009
#	Mizuho Leasing Co. Ltd.		180,700			4,188,752
	Monex Group, Inc.		1,059,200			4,830,744
	Money Partners Group Co. Ltd.		149,100			294,930
	Morningstar Japan KK		118,600			503,955
#	Mortgage Service Japan Ltd.		26,100			198,105
	Musashino Bank Ltd. (The)		193,500			2,646,743
#	Nagano Bank Ltd. (The)		43,899			433,472
	Nanto Bank Ltd.		185,100			2,895,979
	NEC Capital Solutions Ltd.		60,200			911,325
	Nishi-Nippon Financial Holdings, Inc.		803,500			4,829,331

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
FINANCIALS — (Continued)
#	North Pacific Bank Ltd.		1,785,600	$	3,385,764
# *	OAK Capital Corp.		300,200		172,301
	Ogaki Kyoritsu Bank Ltd.		228,700		3,351,884
	Oita Bank Ltd. (The)		84,199		1,200,138
#	Okasan Securities Group, Inc.		971,900		2,602,128
	Okinawa Financial Group, Inc.		143,060		2,449,046
	Orient Corp.		2,808,900		2,696,233
	Premium Group Co. Ltd.		49,300		1,462,927
#	Procrea Holdings, Inc.		245,472		3,391,495
	Ricoh Leasing Co. Ltd.		97,600		2,556,451
	San ju San Financial Group, Inc.		118,793		1,284,672
	San-In Godo Bank Ltd. (The)		966,000		4,795,962
*	SBI Insurance Group Co. Ltd.		7,600		58,324
	Senshu Ikeda Holdings, Inc.		1,232,328		1,686,085
	Seven Bank Ltd.		787,400		1,471,898
#	Shiga Bank Ltd.		289,400		5,442,030
	Shikoku Bank Ltd. (The)		240,900		1,439,790
	Shimizu Bank Ltd. (The)		58,200		698,388
#	Sparx Group Co. Ltd.		594,900		1,173,132
	Strike Co. Ltd.		51,700		1,574,399
	Suruga Bank Ltd.		900,700		2,825,798
	Taiko Bank Ltd. (The)		41,800		423,391
	Tochigi Bank Ltd. (The)		565,200		1,052,558
#	Toho Bank Ltd. (The)		1,273,900		1,984,610
#	Tohoku Bank Ltd. (The)		64,700		497,325
	Tokai Tokyo Financial Holdings, Inc.		1,378,200		4,088,537
	Tokyo Kiraboshi Financial Group, Inc.		170,738		2,306,903
#	Tomato Bank Ltd.		54,500		428,440
	TOMONY Holdings, Inc.		937,250		2,370,540
#	Tottori Bank Ltd. (The)		56,400		516,971
	Towa Bank Ltd. (The)		210,300		873,402
	Toyo Securities Co. Ltd.		390,800		524,205
	Traders Holdings Co. Ltd.		13,720		34,884
#	Tsukuba Bank Ltd.		461,800		691,757
*	Uzabase, Inc.		76,400		444,647
	Yamagata Bank Ltd. (The)		143,600		956,474
	Yamaguchi Financial Group, Inc.		1,237,672		6,786,365
	Yamanashi Chuo Bank Ltd. (The)		162,526		1,230,576

TOTAL FINANCIALS					244,961,143

HEALTH CARE — (4.6%)
	Advantage Risk Management Co. Ltd.		41,900		162,646
	As One Corp.		4,000		212,372
	ASKA Pharmaceutical Holdings Co. Ltd.		143,200		1,307,273
	Astena Holdings Co. Ltd.		194,800		650,747
	BML, Inc.		148,200		3,814,013
#	Carenet, Inc.		130,800		832,757
	CE Holdings Co. Ltd.		9,500		33,645
# *	CellSource Co. Ltd.		21,100		610,513
	Charm Care Corp. KK		113,900		1,137,887
	CMIC Holdings Co. Ltd.		63,200		727,504
	Create Medic Co. Ltd.		38,700		291,788
#	Daiken Medical Co. Ltd.		116,700		462,943
	Daito Pharmaceutical Co. Ltd.		78,580		1,571,764
#	DATA HORIZON Co. Ltd.		3,600		59,414
#	Dvx, Inc.		44,300		360,345
	Eiken Chemical Co. Ltd.		203,900		2,700,509
	Elan Corp.		208,600		1,628,839
	EM Systems Co. Ltd.		24,900		177,027

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HEALTH CARE — (Continued)
#	FALCO HOLDINGS Co. Ltd.		53,300	$	864,154
	FINDEX, Inc.		94,500		454,355
	France Bed Holdings Co. Ltd.		158,600		1,072,239
	Fuji Pharma Co. Ltd.		99,100		723,382
#	Fukuda Denshi Co. Ltd.		63,200		3,639,436
#	Fuso Pharmaceutical Industries Ltd.		42,600		701,295
# *	GNI Group Ltd.		54,200		475,500
	H.U. Group Holdings, Inc.		352,600		7,856,798
#	Hogy Medical Co. Ltd.		110,500		2,759,516
#	Hoshi Iryo-Sanki Co. Ltd.		9,600		249,459
	I’rom Group Co. Ltd.		31,800		479,619
*	Japan Animal Referral Medical Center Co. Ltd.		9,600		131,140
*	Japan Hospice Holdings, Inc.		11,300		149,369
	Japan Lifeline Co. Ltd.		396,000		3,300,779
	Japan Medical Dynamic Marketing, Inc.		104,500		1,273,060
	JMS Co. Ltd.		104,457		473,584
	Kaken Pharmaceutical Co. Ltd.		149,700		4,536,228
	Kanamic Network Co. Ltd.		139,700		542,826
#	Kissei Pharmaceutical Co. Ltd.		175,800		3,478,764
	Koa Shoji Holdings Co. Ltd.		4,100		27,362
#	KYORIN Holdings, Inc.		261,400		3,801,377
	Linical Co. Ltd.		69,400		434,758
	Mani, Inc.		317,400		3,624,714
	Medical Data Vision Co. Ltd.		171,100		1,280,217
	Medikit Co. Ltd.		2,000		35,563
	Medius Holdings Co. Ltd.		68,500		529,882
# *	MedPeer, Inc.		76,300		1,746,532
	Menicon Co. Ltd.		185,800		3,968,577
#	Mizuho Medy Co. Ltd.		22,400		340,883
	Mochida Pharmaceutical Co. Ltd.		50,598		1,441,244
	Nakanishi, Inc.		295,400		4,828,312
# *	Nichi-iko Pharmaceutical Co. Ltd.		323,550		1,945,513
#	Nippon Chemiphar Co. Ltd.		13,400		201,482
	Nipro Corp.		809,400		6,377,768
	Nissui Pharmaceutical Co. Ltd.		78,000		594,642
	Paramount Bed Holdings Co. Ltd.		254,000		4,230,356
*	PeptiDream, Inc.		62,200		1,003,215
	Precision System Science Co. Ltd.		4,800		15,704
#	Rion Co. Ltd.		54,600		960,524
	Sawai Group Holdings Co. Ltd.		155,000		5,199,422
#	Seed Co. Ltd.		68,100		265,502
	Seikagaku Corp.		233,700		1,517,526
	Shin Nippon Biomedical Laboratories Ltd.		125,400		1,316,621
	Ship Healthcare Holdings, Inc.		278,600		4,653,715
#	Shofu, Inc.		69,900		866,442
	Software Service, Inc.		18,800		841,654
	Solasto Corp.		327,100		2,262,095
#	St-Care Holding Corp.		81,600		516,247
# *	Taiko Pharmaceutical Co. Ltd.		55,900		257,954
	Techno Medica Co. Ltd.		14,700		176,029
#	Toho Holdings Co. Ltd.		298,300		4,842,222
	Tokai Corp.		138,600		1,836,416
	Torii Pharmaceutical Co. Ltd.		90,800		2,281,859
#	Towa Pharmaceutical Co. Ltd.		173,300		3,686,385
#	Trans Genic, Inc.		51,100		155,350
	Tsumura & Co.		163,200		4,015,505
#	Value HR Co. Ltd.		92,800		994,795
	Vital KSK Holdings, Inc.		262,800		1,541,716
# *	Wakamoto Pharmaceutical Co. Ltd.		112,300		242,124

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HEALTH CARE — (Continued)
#	WIN-Partners Co. Ltd.		106,100	$	812,607
	ZERIA Pharmaceutical Co. Ltd.		17,300		264,705

TOTAL HEALTH CARE					125,839,005

INDUSTRIALS — (28.7%)
#	A&A Material Corp.		26,000		173,231
	Advan Group Co. Ltd.		146,500		922,908
	Aeon Delight Co. Ltd.		105,900		2,263,497
	Aichi Corp.		224,800		1,564,266
	Aida Engineering Ltd.		310,500		2,300,336
	Airtech Japan Ltd.		2,000		16,019
	AIT Corp.		8,100		98,525
	Ajis Co. Ltd.		28,900		501,458
	Alconix Corp.		143,100		1,545,988
#	Alinco, Inc.		80,500		528,447
	Alps Logistics Co. Ltd.		111,600		917,933
	Altech Corp.		101,970		1,524,807
	Anest Iwata Corp.		220,200		1,397,068
	Asahi Diamond Industrial Co. Ltd.		352,700		1,545,527
#	Asahi Kogyosha Co. Ltd.		51,400		624,385
#	Asanuma Corp.		42,100		1,648,832
#	Asukanet Co. Ltd.		31,200		256,053
	Bando Chemical Industries Ltd.		213,500		1,399,448
#	Br Holdings Corp.		202,000		453,987
#	Bunka Shutter Co. Ltd.		351,900		2,644,658
	Canare Electric Co. Ltd.		21,200		272,420
#	Careerlink Co. Ltd.		7,600		81,705
	Central Glass Co. Ltd.		217,900		4,012,412
	Central Security Patrols Co. Ltd.		53,000		855,514
	Chilled & Frozen Logistics Holdings Co. Ltd.		98,500		849,858
*	Chiyoda Corp.		850,900		2,813,373
	Chiyoda Integre Co. Ltd.		67,900		1,142,377
	Chori Co. Ltd.		73,000		1,071,395
	Chudenko Corp.		190,900		3,068,469
#	Chugai Ro Co. Ltd.		37,600		426,733
#	Chuo Warehouse Co. Ltd.		21,000		154,816
	CKD Corp.		213,800		2,768,648
	CMC Corp.		30,200		276,430
	Comany, Inc.		4,700		42,502
	Cosel Co. Ltd.		146,800		855,966
	Creek & River Co. Ltd.		67,100		1,083,164
	CTI Engineering Co. Ltd.		70,900		1,243,391
	CTS Co. Ltd.		157,100		1,044,960
#	Dai-Dan Co. Ltd.		90,900		1,482,379
#	Daido Kogyo Co. Ltd.		51,800		364,680
	Daihatsu Diesel Manufacturing Co. Ltd.		122,100		460,278
	Daihen Corp.		128,100		3,664,604
#	Daiho Corp.		91,600		3,135,775
	Dai-Ichi Cutter Kogyo KK		46,300		484,821
	Daiichi Jitsugyo Co. Ltd.		52,700		1,530,230
	Daiichi Kensetsu Corp.		35,200		347,216
	Daiki Axis Co. Ltd.		41,900		234,468
	Daiohs Corp.		22,100		177,099
	Daiseki Co. Ltd.		291,355		10,478,926
#	Daiseki Eco. Solution Co. Ltd.		39,159		313,402
#	Daisue Construction Co. Ltd.		48,200		481,592
	Daiwa Industries Ltd.		196,200		1,673,387
#	Denyo Co. Ltd.		96,400		1,192,730
	DMG Mori Co. Ltd.		728,000		9,136,670

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	DMW Corp.		4,800	$	118,560
	Duskin Co. Ltd.		266,000		5,674,219
	Ebara Jitsugyo Co. Ltd.		64,800		1,186,347
#	Eidai Co. Ltd.		184,700		394,223
#	EJ Holdings, Inc.		30,100		266,730
	en Japan, Inc.		159,400		3,745,249
	Endo Lighting Corp.		56,300		379,958
	Enshu Ltd.		10,799		56,760
	Envipro Holdings, Inc.		34,400		262,641
#	ERI Holdings Co. Ltd.		14,100		133,861
	Escrow Agent Japan, Inc.		136,700		178,451
	EXEO Group, Inc.		21,800		362,922
	F&M Co. Ltd.		44,400		481,676
# *	FDK Corp.		64,298		358,409
#	Forum Engineering, Inc.		21,100		134,429
	Freund Corp.		75,600		427,990
	Fudo Tetra Corp.		102,380		1,224,034
	Fuji Corp.		326,900		5,454,175
	Fuji Die Co. Ltd.		55,300		278,030
	Fuji Furukawa Engineering & Construction Co. Ltd.		1,800		35,355
	Fujikura Ltd.		1,693,000		8,008,730
	Fujimak Corp.		12,600		72,275
	Fujisash Co. Ltd.		573,900		317,571
	Fujitec Co. Ltd.		96,200		2,073,302
	Fukuda Corp.		53,500		1,892,252
	Fukushima Galilei Co. Ltd.		82,900		2,401,037
	Fukuvi Chemical Industry Co. Ltd.		10,600		48,576
	Fukuyama Transporting Co. Ltd.		83,257		2,330,336
	FULLCAST Holdings Co. Ltd.		126,600		2,422,245
	Funai Soken Holdings, Inc.		241,570		4,051,177
	Furukawa Co. Ltd.		197,100		1,924,174
	Furukawa Electric Co. Ltd.		424,300		6,890,241
	Futaba Corp.		208,200		1,063,359
	Gakujo Co. Ltd.		5,600		39,427
	Gecoss Corp.		95,900		577,111
	Giken Ltd.		5,400		148,177
	Glory Ltd.		288,055		4,633,355
	gremz, Inc.		23,900		298,285
#	GS Yuasa Corp.		393,683		6,826,602
	Hamakyorex Co. Ltd.		105,000		2,354,551
	Hanwa Co. Ltd.		226,600		5,538,913
	Hashimoto Sogyo Holdings Co. Ltd.		4,070		61,850
	Hazama Ando Corp.		1,168,600		8,119,262
#	Helios Techno Holding Co. Ltd.		109,800		237,211
	Hibiya Engineering Ltd.		110,700		1,623,574
	Hirakawa Hewtech Corp.		70,800		602,860
#	Hirano Tecseed Co. Ltd.		59,400		908,729
#	Hirata Corp.		31,100		1,142,747
	Hisaka Works Ltd.		127,300		751,718
	Hitachi Zosen Corp.		1,034,779		5,583,909
	Hito Communications Holdings, Inc.		43,900		523,448
	Hokuetsu Industries Co. Ltd.		139,500		949,071
#	Hokuriku Electrical Construction Co. Ltd.		89,040		526,995
	Hosokawa Micron Corp.		89,900		1,704,327
	Howa Machinery Ltd.		65,100		395,352
#	Ichikawa Co. Ltd.		1,000		10,787
#	Ichiken Co. Ltd.		33,600		473,553
#	Ichinen Holdings Co. Ltd.		125,100		1,225,395
	Idec Corp.		191,700		3,383,717

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Ihara Science Corp.		52,200	$	799,784
	Iino Kaiun Kaisha Ltd.		513,400		2,906,703
*	Impact HD, Inc.		20,500		492,993
	Imura Envelope Co., Inc.		13,700		92,032
	Inaba Denki Sangyo Co. Ltd.		323,900		6,352,464
	Inaba Seisakusho Co. Ltd.		62,800		619,256
	Inabata & Co. Ltd.		290,000		4,745,468
	INFRONEER Holdings, Inc.		559,188		4,073,153
	Insource Co. Ltd.		138,750		2,363,104
#	Inui Global Logistics Co. Ltd.		67,580		865,245
	IR Japan Holdings Ltd.		41,300		1,307,937
	Iseki & Co. Ltd.		122,800		1,161,059
	Ishii Iron Works Co. Ltd.		11,000		248,007
	Itoki Corp.		213,100		579,523
	Iwaki Co. Ltd.		56,100		477,430
	Iwasaki Electric Co. Ltd.		42,200		752,638
	JAC Recruitment Co. Ltd.		105,100		1,479,241
	Japan Elevator Service Holdings Co. Ltd.		355,100		4,640,753
#	Japan Foundation Engineering Co. Ltd.		122,400		722,670
	Japan Pulp & Paper Co. Ltd.		73,400		2,149,776
	Japan Steel Works Ltd.		130,400		3,670,053
	Japan Transcity Corp.		244,600		1,116,227
	JDC Corp.		68,600		281,953
	JGC Holdings Corp.		88,500		1,001,483
#	JK Holdings Co. Ltd.		94,440		778,897
	Juki Corp.		174,000		1,157,313
	Kamei Corp.		150,100		1,205,003
	Kanaden Corp.		114,900		837,987
	Kanagawa Chuo Kotsu Co. Ltd.		42,800		1,102,807
	Kaname Kogyo Co. Ltd.		1,300		8,362
#	Kanamoto Co. Ltd.		210,000		3,138,113
	Kandenko Co. Ltd.		629,700		3,993,303
	Kanematsu Corp.		506,325		5,232,931
	Katakura Industries Co. Ltd.		151,500		2,941,347
#	Kato Works Co. Ltd.		62,800		373,023
	Kawada Technologies, Inc.		32,300		885,961
	Kawagishi Bridge Works Co. Ltd.		8,700		191,514
	Kawanishi Warehouse Co. Ltd.		1,700		14,650
#	Kawasaki Kinkai Kisen Kaisha Ltd.		7,899		236,904
	Kawata Manufacturing Co. Ltd.		25,100		190,461
	Keihin Co. Ltd.		15,700		171,653
	KFC Ltd.		8,700		114,821
#	Kimura Chemical Plants Co. Ltd.		98,900		618,705
	Kimura Unity Co. Ltd.		23,500		254,677
	King Jim Co. Ltd.		58,000		408,000
#	Kinki Sharyo Co. Ltd. (The)		16,599		151,948
	Kintetsu World Express, Inc.		240,800		5,736,457
	Kitagawa Corp.		54,200		521,381
	Kitano Construction Corp.		24,872		409,579
	Kito Corp.		132,700		1,723,567
	Kitz Corp.		407,200		2,069,927
# *	Kobe Electric Railway Co. Ltd.		37,299		929,172
#	Koike Sanso Kogyo Co. Ltd.		13,400		199,680
	Kokusai Co. Ltd.		51,600		243,833
#	Kokusai Pulp & Paper Co. Ltd.		47,700		108,148
	Kokuyo Co. Ltd.		427,025		5,561,646
#	KOMAIHALTEC, Inc.		20,300		301,880
	Komatsu Wall Industry Co. Ltd.		49,300		700,297
	Komori Corp.		302,500		1,716,604

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Kondotec, Inc.		114,200	$	950,425
	Konoike Transport Co. Ltd.		178,300		1,582,596
# *	Kosaido Holdings Co. Ltd.		131,400		807,550
	Kozo Keikaku Engineering, Inc.		21,200		419,163
	KRS Corp.		75,600		618,064
	Kumagai Gumi Co. Ltd.		235,700		4,918,791
	Kuroda Precision Industries Ltd.		700		11,576
	Kyodo Printing Co. Ltd.		45,800		947,758
#	Kyokuto Boeki Kaisha Ltd.		33,000		549,753
	Kyokuto Kaihatsu Kogyo Co. Ltd.		205,600		2,072,825
#	Kyoritsu Printing Co. Ltd.		151,200		156,319
	Kyudenko Corp.		175,700		3,984,500
	LIKE, Inc.		68,700		1,137,254
	Link & Motivation, Inc.		234,300		824,337
	Lonseal Corp.		13,900		152,250
	Mabuchi Motor Co. Ltd.		216,100		5,771,704
#	Maezawa Industries, Inc.		49,000		238,797
#	Maezawa Kasei Industries Co. Ltd.		85,100		831,796
	Maezawa Kyuso Industries Co. Ltd.		122,700		862,952
	Makino Milling Machine Co. Ltd.		153,400		4,726,770
*	Management Solutions Co. Ltd.		37,300		1,321,287
	Marufuji Sheet Piling Co. Ltd.		11,800		173,845
	MARUKA FURUSATO Corp.		92,507		2,434,886
#	Marumae Co. Ltd.		31,900		527,552
#	Maruwa Unyu Kikan Co. Ltd.		132,200		1,543,436
	Maruyama Manufacturing Co., Inc.		18,800		223,367
	Maruzen Co. Ltd.		65,800		903,515
	Maruzen Showa Unyu Co. Ltd.		81,800		1,996,706
#	Matching Service Japan Co. Ltd.		52,000		324,437
	Matsuda Sangyo Co. Ltd.		82,782		1,453,621
#	Matsui Construction Co. Ltd.		125,500		624,901
	Max Co. Ltd.		164,100		2,001,845
	Meidensha Corp.		224,410		4,063,882
	Meiho Facility Works Ltd.		36,100		193,321
#	Meiji Electric Industries Co. Ltd.		52,500		411,551
#	Meiji Shipping Co. Ltd.		94,000		521,535
	Meisei Industrial Co. Ltd.		227,500		1,191,071
	Meitec Corp.		162,400		8,620,177
#	Meiwa Corp.		145,600		981,404
# *	MetaReal Corp.		22,800		177,967
	METAWATER Co. Ltd.		161,500		2,670,104
	Midac Holdings Co. Ltd.		17,900		288,608
	Mie Kotsu Group Holdings, Inc.		346,700		1,226,063
	Mirai Industry Co. Ltd.		4,600		51,529
	Mirait Holdings Corp.		595,335		8,342,800
	Mitani Corp.		294,600		3,744,191
#	Mitani Sangyo Co. Ltd.		145,000		342,991
#	Mitsubishi Kakoki Kaisha Ltd.		39,700		595,218
	Mitsubishi Logisnext Co. Ltd.		186,600		1,094,890
	Mitsubishi Logistics Corp.		141,100		3,252,007
	Mitsubishi Pencil Co. Ltd.		128,100		1,243,593
	Mitsuboshi Belting Ltd.		150,300		2,302,236
# *	Mitsui E&S Holdings Co. Ltd.		408,581		1,100,237
#	Mitsui Matsushima Holdings Co. Ltd.		77,400		1,206,005
	Mitsui-Soko Holdings Co. Ltd.		128,400		2,387,005
	Mitsumura Printing Co. Ltd.		5,100		52,400
	Miyaji Engineering Group, Inc.		37,517		1,004,810
	Mori-Gumi Co. Ltd.		69,500		159,979
	Morita Holdings Corp.		209,700		2,012,605

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Musashi Co. Ltd.		5,000	$	66,969
#	NAC Co. Ltd.		61,300		446,295
	Nachi-Fujikoshi Corp.		93,600		2,722,222
	Nadex Co. Ltd.		40,600		205,473
	Nagase & Co. Ltd.		578,600		8,291,354
	Naigai Trans Line Ltd.		41,700		598,713
#	Nakabayashi Co. Ltd.		113,400		429,749
	Nakakita Seisakusho Co. Ltd.		3,700		60,693
#	Nakamoto Packs Co. Ltd.		33,300		392,170
*	Nakamura Choukou Co. Ltd.		6,600		34,187
	Nakanishi Manufacturing Co. Ltd.		5,700		53,959
#	Nakano Corp.		107,000		263,796
# *	Namura Shipbuilding Co. Ltd.		256,428		686,664
	Nankai Electric Railway Co. Ltd.		341,300		6,093,171
	Narasaki Sangyo Co. Ltd.		25,400		339,883
	Nice Corp.		35,200		512,815
	Nichias Corp.		384,200		6,900,015
#	Nichiban Co. Ltd.		68,100		913,088
#	Nichiden Corp.		98,100		1,634,532
	Nichiha Corp.		165,280		2,988,201
	Nichireki Co. Ltd.		155,400		1,450,550
	Nihon Dengi Co. Ltd.		30,800		827,430
	Nihon Flush Co. Ltd.		122,000		901,927
#	Nikkato Corp.		53,000		205,111
	Nikkiso Co. Ltd.		316,800		1,974,540
#	Nikko Co. Ltd.		168,400		793,178
	Nikkon Holdings Co. Ltd.		384,000		5,816,079
	Nippi, Inc.		11,900		324,783
#	Nippon Air Conditioning Services Co. Ltd.		189,000		1,167,296
	Nippon Aqua Co. Ltd.		55,400		265,342
	Nippon Carbon Co. Ltd.		66,200		2,126,780
	Nippon Concept Corp.		37,700		395,737
	Nippon Densetsu Kogyo Co. Ltd.		226,500		2,815,994
	Nippon Dry-Chemical Co. Ltd.		11,300		145,237
	Nippon Filcon Co. Ltd.		15,700		60,474
#	Nippon Hume Corp.		137,300		720,342
	Nippon Kanzai Co. Ltd.		15,200		326,616
	Nippon Koei Co. Ltd.		75,000		1,674,098
#	Nippon Parking Development Co. Ltd.		1,350,400		1,597,353
	Nippon Rietec Co. Ltd.		26,400		229,234
	Nippon Road Co. Ltd.		20,400		1,137,212
	Nippon Seisen Co. Ltd.		14,800		473,080
	Nippon Sharyo Ltd.		40,999		665,411
# *	Nippon Sheet Glass Co. Ltd.		416,900		1,260,820
	Nippon Steel Trading Corp.		96,960		3,946,025
	Nippon Thompson Co. Ltd.		356,500		1,383,999
	Nippon Tungsten Co. Ltd.		6,699		110,338
	Nishimatsu Construction Co. Ltd.		313,800		9,238,694
	Nishi-Nippon Railroad Co. Ltd.		215,300		4,307,034
	Nishio Rent All Co. Ltd.		123,800		2,671,974
	Nissei ASB Machine Co. Ltd.		51,100		1,165,224
#	Nissei Plastic Industrial Co. Ltd.		108,200		804,479
#	Nisshinbo Holdings, Inc.		938,880		7,024,754
	Nissin Corp.		92,500		1,101,202
	Nissin Electric Co. Ltd.		326,500		3,481,375
#	Nisso Corp.		69,000		349,972
	Nitta Corp.		128,900		2,736,636
	Nitto Boseki Co. Ltd.		59,600		1,155,720
	Nitto Kogyo Corp.		169,300		1,993,372

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Nitto Kohki Co. Ltd.		69,900	$	809,745
	Nitto Seiko Co. Ltd.		189,000		733,774
#	Nittoc Construction Co. Ltd.		121,600		659,870
	NJS Co. Ltd.		36,800		596,785
	Noda Corp.		120,700		1,149,925
	Nomura Co. Ltd.		199,500		1,371,855
#	Nomura Micro Science Co. Ltd.		39,900		1,152,202
	Noritake Co. Ltd.		59,600		1,892,700
	Noritsu Koki Co. Ltd.		123,200		2,042,973
	Noritz Corp.		175,100		2,027,757
#	NS Tool Co. Ltd.		105,300		1,168,650
#	NS United Kaiun Kaisha Ltd.		67,500		1,855,093
*	NTN Corp.		2,686,900		4,291,886
#	Obara Group, Inc.		74,200		1,660,589
#	Ochi Holdings Co. Ltd.		8,900		85,677
	Odawara Engineering Co. Ltd.		9,900		136,296
#	Ohba Co. Ltd.		76,500		457,197
	Ohmoto Gumi Co. Ltd.		4,100		189,733
	Oiles Corp.		143,970		1,654,156
	Okabe Co. Ltd.		239,600		1,216,582
#	Okada Aiyon Corp.		42,800		506,551
	Okamoto Machine Tool Works Ltd.		25,299		783,351
	Okamura Corp.		374,000		3,437,041
	OKUMA Corp.		151,100		5,400,528
	Okumura Corp.		193,880		4,576,893
	Onoken Co. Ltd.		109,400		1,270,248
	Organo Corp.		43,400		2,977,909
#	Oriental Consultants Holdings Co. Ltd.		6,100		124,945
	Oriental Shiraishi Corp.		764,000		1,380,778
#	Origin Co. Ltd.		27,600		291,923
	OSG Corp.		511,900		6,430,735
	Outsourcing, Inc.		715,000		7,091,016
	Oyo Corp.		128,000		1,942,697
#	Paraca, Inc.		35,900		496,100
*	Park24 Co. Ltd.		233,700		3,328,006
	Parker Corp.		34,000		129,449
#	Pasco Corp.		11,200		118,763
	Pasona Group, Inc.		143,800		2,280,057
	Pegasus Sewing Machine Manufacturing Co. Ltd.		139,900		670,036
	Penta-Ocean Construction Co. Ltd.		1,669,600		8,169,327
	People Dreams & Technologies Group Co. Ltd.		22,100		366,219
#	Phil Co., Inc.		7,100		61,954
	Pilot Corp.		123,700		5,025,796
	Prestige International, Inc.		654,700		3,146,177
	Pronexus, Inc.		104,900		854,927
	PS Mitsubishi Construction Co. Ltd.		205,700		890,919
	Punch Industry Co. Ltd.		88,700		315,702
#	Quick Co. Ltd.		76,100		905,138
	Raito Kogyo Co. Ltd.		289,000		4,314,957
	Raiznext Corp.		274,400		2,275,032
#	Rasa Corp.		63,200		474,539
	Rheon Automatic Machinery Co. Ltd.		120,500		1,020,591
#	Rix Corp.		17,300		219,403
#	Ryobi Ltd.		159,740		1,321,207
#	S LINE Co. Ltd.		23,800		163,123
#	Sakai Heavy Industries Ltd.		23,300		562,515
	Sakai Moving Service Co. Ltd.		72,100		2,460,315
# *	Sanix, Inc.		146,200		301,024
	Sanki Engineering Co. Ltd.		270,600		3,065,250

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Sanko Gosei Ltd.		134,300	$	353,980
#	Sanko Metal Industrial Co. Ltd.		16,200		324,770
#	Sankyo Tateyama, Inc.		133,774		598,859
	Sankyu, Inc.		63,400		1,933,004
	Sansei Technologies, Inc.		64,500		370,868
	Sansha Electric Manufacturing Co. Ltd.		64,300		370,946
	Sanyo Denki Co. Ltd.		53,600		2,302,308
	Sanyo Engineering & Construction, Inc.		60,200		309,340
	Sanyo Industries Ltd.		9,900		140,585
	Sanyo Trading Co. Ltd.		138,600		1,050,634
	Sata Construction Co. Ltd.		89,399		306,966
	Sato Holdings Corp.		179,300		2,465,399
#	Sato Shoji Corp.		86,800		738,461
	SBS Holdings, Inc.		119,400		2,770,631
#	SEC Carbon Ltd.		10,900		461,112
	Seibu Electric & Machinery Co. Ltd.		10,300		116,192
	Seika Corp.		57,600		716,527
	Seikitokyu Kogyo Co. Ltd.		187,330		1,062,048
	Seiko Electric Co. Ltd.		4,900		42,747
	Seino Holdings Co. Ltd.		255,000		2,083,085
	Seiwa Electric Manufacturing Co. Ltd.		1,700		6,603
	Sekisui Jushi Corp.		202,500		2,768,862
	Senko Group Holdings Co. Ltd.		711,400		4,811,122
	Senshu Electric Co. Ltd.		28,700		1,095,858
	Shibaura Machine Co. Ltd.		130,900		3,126,812
	Shibusawa Warehouse Co. Ltd.		59,900		1,042,236
	Shibuya Corp.		94,600		1,703,870
	Shima Seiki Manufacturing Ltd.		170,400		2,431,181
	Shin Maint Holdings Co. Ltd.		14,600		117,427
#	Shin Nippon Air Technologies Co. Ltd.		87,380		1,207,532
	Shin-Keisei Electric Railway Co. Ltd.		39,399		637,816
	Shinki Bus Co. Ltd.		1,900		46,436
	Shinmaywa Industries Ltd.		382,200		2,680,871
	Shinnihon Corp.		166,700		914,993
	Shinsho Corp.		31,100		865,113
	Shinwa Co. Ltd.		62,300		955,877
	Shinwa Co. Ltd.		24,800		151,408
	SHO-BOND Holdings Co. Ltd.		74,000		3,110,219
#	SIGMAXYZ Holdings Inc.		220,000		1,797,303
	Sinfonia Technology Co. Ltd.		137,100		1,329,756
	Sinko Industries Ltd.		125,400		1,576,122
	Sintokogio Ltd.		276,100		1,453,145
#	Soda Nikka Co. Ltd.		105,700		543,472
	Sodick Co. Ltd.		291,300		1,629,946
	Sotetsu Holdings, Inc.		60,400		1,035,442
#	Space Co. Ltd.		96,562		674,522
	S-Pool, Inc.		379,500		3,792,199
	Star Micronics Co. Ltd.		217,000		2,432,465
	Studio Alice Co. Ltd.		56,600		999,464
	Subaru Enterprise Co. Ltd.		6,300		405,217
#	Sugimoto & Co. Ltd.		62,500		1,048,986
#	Sumiseki Holdings, Inc.		320,200		448,968
	Sumitomo Densetsu Co. Ltd.		111,200		1,902,903
	Sumitomo Mitsui Construction Co. Ltd.		986,540		3,200,872
#	Sumitomo Precision Products Co. Ltd.		17,284		281,906
	Sumitomo Warehouse Co. Ltd. (The)		360,600		6,051,458
	Suzumo Machinery Co. Ltd.		2,200		34,204
#	SWCC Showa Holdings Co. Ltd.		136,600		1,826,728
#	Tacmina Corp.		14,700		131,654

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Tadano Ltd.		700,800	$	4,978,330
	Taihei Dengyo Kaisha Ltd.		91,000		1,890,421
#	Taiheiyo Kouhatsu, Inc.		43,500		209,277
	Taikisha Ltd.		161,000		3,972,757
	Taisei Oncho Co. Ltd.		14,900		209,491
	Takadakiko Co. Ltd.		7,500		159,573
	Takamatsu Construction Group Co. Ltd.		105,800		1,762,184
	Takamatsu Machinery Co. Ltd.		41,800		217,030
	Takamiya Co. Ltd.		137,800		375,044
#	Takano Co. Ltd.		53,000		323,646
	Takaoka Toko Co. Ltd.		67,120		832,268
#	Takara & Co. Ltd.		46,355		664,817
	Takara Standard Co. Ltd.		202,100		2,019,130
	Takasago Thermal Engineering Co. Ltd.		297,900		3,896,720
#	Takashima & Co. Ltd.		25,200		445,259
	Takeuchi Manufacturing Co. Ltd.		226,400		4,151,724
	Takigami Steel Construction Co. Ltd.		5,300		246,068
#	Takisawa Machine Tool Co. Ltd.		41,700		387,296
	Takuma Co. Ltd.		173,200		1,941,030
	Tanabe Consulting Co. Ltd.		2,400		12,444
	Tanabe Engineering Corp.		39,500		275,542
	Tanseisha Co. Ltd.		251,749		1,534,547
	Tatsuta Electric Wire & Cable Co. Ltd.		246,800		877,820
	TECHNO ASSOCIE Co. Ltd.		50,100		444,384
	Techno Ryowa Ltd.		68,690		449,804
	Techno Smart Corp.		49,500		517,039
	Teikoku Electric Manufacturing Co. Ltd.		108,900		1,383,239
	Teikoku Sen-I Co. Ltd.		113,000		1,378,192
	Tekken Corp.		84,200		1,191,296
	Tenox Corp.		22,500		134,176
	Teraoka Seisakusho Co. Ltd.		55,700		154,808
	Terasaki Electric Co. Ltd.		25,500		197,642
	Toa Corp.		95,300		2,083,126
	TOA ROAD Corp.		25,800		993,655
	Toba, Inc.		9,800		209,166
	Tobishima Corp.		123,770		975,238
	Tocalo Co. Ltd.		385,200		3,846,126
	Toda Corp.		649,000		3,728,846
	Toenec Corp.		54,400		1,392,222
	Togami Electric Manufacturing Co. Ltd.		17,800		231,989
	TOKAI Holdings Corp.		651,000		4,375,744
	Tokai Lease Co. Ltd.		18,800		222,939
	Tokyo Energy & Systems, Inc.		144,700		1,087,317
#	Tokyo Keiki, Inc.		73,822		643,153
#	Tokyo Sangyo Co. Ltd.		129,200		704,744
	Tokyu Construction Co. Ltd.		543,800		2,521,929
	Toli Corp.		282,400		472,521
#	Tomoe Corp.		155,100		556,286
	Tomoe Engineering Co. Ltd.		48,500		869,240
	Tonami Holdings Co. Ltd.		37,500		1,012,468
	Torishima Pump Manufacturing Co. Ltd.		121,400		1,194,307
	Totech Corp.		49,200		995,434
	Totetsu Kogyo Co. Ltd.		157,400		2,845,280
#	Totoku Electric Co. Ltd.		17,700		364,551
*	Toyo Construction Co. Ltd.		492,600		3,544,418
#	Toyo Denki Seizo KK		36,550		258,775
# *	Toyo Engineering Corp.		196,578		918,005
#	Toyo Logistics Co. Ltd.		85,100		201,345
	Toyo Machinery & Metal Co. Ltd.		100,000		462,110

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
	Toyo Tanso Co. Ltd.		80,600	$	1,751,408
#	Toyo Wharf & Warehouse Co. Ltd.		36,000		402,195
	Trancom Co. Ltd.		48,800		2,542,685
	TRE Holdings Corp.		217,012		3,471,947
	Trinity Industrial Corp.		36,000		193,937
	Trusco Nakayama Corp.		231,000		3,602,315
	Tsubaki Nakashima Co. Ltd.		270,600		1,944,853
	Tsubakimoto Chain Co		168,240		3,841,685
#	Tsubakimoto Kogyo Co. Ltd.		28,400		774,340
#	Tsugami Corp.		283,200		2,637,290
	Tsukishima Kikai Co. Ltd.		167,800		1,325,389
	Tsurumi Manufacturing Co. Ltd.		118,200		1,691,930
	Ueki Corp.		60,800		685,068
	Union Tool Co		46,300		1,329,967
	UPR Corp.		6,000		79,028
	Ushio, Inc.		622,400		8,069,778
#	UT Group Co. Ltd.		183,200		4,119,377
	Waida Manufacturing Co. Ltd.		5,100		36,822
#	Wakachiku Construction Co. Ltd.		76,000		1,137,464
	Wakita & Co. Ltd.		222,700		1,853,090
	WDB Holdings Co. Ltd.		64,600		1,357,419
	Weathernews, Inc.		36,200		1,887,749
	Welbe, Inc.		59,100		442,356
#	Will Group, Inc.		98,000		845,717
	World Holdings Co. Ltd.		50,700		954,643
	Yahagi Construction Co. Ltd.		172,600		1,064,615
	YAMABIKO Corp.		224,328		2,435,579
	YAMADA Consulting Group Co. Ltd.		72,700		667,210
	Yamashina Corp.		245,700		130,455
#	Yamato Corp.		108,400		610,706
#	Yamaura Corp.		12,700		91,392
#	Yamazen Corp.		372,600		2,751,760
#	Yasuda Logistics Corp.		100,700		755,970
	Yokogawa Bridge Holdings Corp.		208,500		3,057,754
	Yondenko Corp.		54,120		729,526
	Yuasa Trading Co. Ltd.		106,900		2,385,103
	Yuken Kogyo Co. Ltd.		20,500		265,435
	Yurtec Corp.		259,400		1,370,137
	Yushin Precision Equipment Co. Ltd.		29,800		144,173
	Zaoh Co. Ltd.		25,900		395,920
	Zenitaka Corp.		19,200		554,668
	Zuiko Corp.		94,600		567,694

TOTAL INDUSTRIALS					788,756,111

INFORMATION TECHNOLOGY — (15.0%)
#	A&D HOLON Holdings Co. Ltd.		129,500		864,571
*	Access Co. Ltd.		121,800		531,334
	Ad-sol Nissin Corp.		47,200		567,616
#	Adtec Plasma Technology Co. Ltd.		25,000		382,952
*	Advanced Media, Inc.		53,100		227,759
#	AGS Corp.		13,000		79,592
	Ai Holdings Corp.		246,900		3,241,363
# *	AI inside, Inc.		3,900		132,390
	Aichi Tokei Denki Co. Ltd.		54,600		647,814
	Aiphone Co. Ltd.		66,800		1,024,032
# *	Allied Telesis Holdings KK		191,200		142,652
#	Alpha Systems, Inc.		44,020		1,301,330
	Alps Alpine Co. Ltd.		1,039,300		9,200,526
	Amano Corp.		224,100		4,314,189

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
#	Anritsu Corp.		675,200	$	8,490,310
	AOI Electronics Co. Ltd.		27,700		427,269
	Argo Graphics, Inc.		105,300		2,499,500
	Arisawa Manufacturing Co. Ltd.		210,800		1,474,278
	Artiza Networks, Inc.		10,400		92,759
#	ArtSpark Holdings, Inc.		206,000		1,336,340
	Asahi Intelligence Service Co. Ltd.		1,300		11,673
	Ascentech KK.		32,000		176,012
	Asteria Corp.		59,100		419,735
#	Atled Corp.		15,700		241,736
	Aval Data Corp.		800		17,238
#	Avant Corp.		123,900		1,101,534
#	Axell Corp.		34,400		250,730
	Base Co. Ltd.		6,900		335,832
	Bell System24 Holdings, Inc.		218,600		2,528,013
*	BrainPad, Inc.		77,300		677,220
#	Broadband Tower, Inc.		105,600		154,800
	Broadleaf Co. Ltd.		591,000		1,669,916
#	Business Brain Showa-Ota, Inc.		38,400		407,568
	Business Engineering Corp.		1,800		55,079
	CAC Holdings Corp.		75,200		782,832
	Canon Electronics, Inc.		128,500		1,471,534
#	CDS Co. Ltd.		15,500		209,771
	Chino Corp.		45,000		555,711
	Citizen Watch Co. Ltd.		1,771,000		6,683,942
	CMK Corp.		278,600		1,111,480
	Computer Engineering & Consulting Ltd.		170,100		1,556,696
#	Computer Institute of Japan Ltd.		113,639		677,832
	Comture Corp.		143,900		3,108,146
	CONEXIO Corp.		98,700		1,107,731
	Core Corp.		45,800		503,931
#	Cresco Ltd.		86,500		1,251,715
#	Cross Cat Co. Ltd.		8,200		59,855
#	Cube System, Inc.		60,600		417,838
	Cyber Com Co. Ltd.		10,600		98,521
	Cyberlinks Co. Ltd.		28,400		240,754
	Cybernet Systems Co. Ltd.		81,500		527,177
	Cybozu, Inc.		150,100		1,483,313
	Daiko Denshi Tsushin Ltd.		23,100		77,960
#	Daishinku Corp.		160,896		1,431,755
	Daitron Co. Ltd.		55,600		806,589
	Daiwabo Holdings Co. Ltd.		582,700		7,539,992
	Dawn Corp.		4,000		57,613
#	Densan System Holdings Co. Ltd.		41,000		831,139
	Dexerials Corp.		368,800		8,086,805
	Digital Arts, Inc.		75,200		4,201,411
	Digital Garage, Inc.		150,100		4,967,506
#	Digital Hearts Holdings Co. Ltd.		74,800		974,932
	Digital Information Technologies Corp.		57,500		525,363
	DKK Co. Ltd.		63,400		1,191,377
#	DKK-Toa Corp.		31,400		217,895
	Double Standard, Inc.		34,200		471,849
	DTS Corp.		255,500		5,606,015
	Ebase Co. Ltd.		102,900		341,789
#	E-Guardian, Inc.		62,600		1,412,050
	Eizo Corp.		101,500		2,645,728
	Elecom Co. Ltd.		227,300		2,725,622
	Elematec Corp.		118,242		1,067,874
	Enomoto Co. Ltd.		30,200		350,410

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	Enplas Corp.		50,000	$	1,069,513
	ESPEC Corp.		117,700		1,562,638
	Fenwal Controls of Japan Ltd.		20,500		220,453
#	Ferrotec Holdings Corp.		232,000		4,254,268
# *	FFRI Security, Inc.		11,600		89,471
	Fixstars Corp.		97,100		616,820
#	Focus Systems Corp.		53,700		371,461
#	Forval Corp.		51,100		344,835
	FTGroup Co. Ltd.		51,000		406,793
	Fuji Soft, Inc.		121,000		6,448,969
	Fukui Computer Holdings, Inc.		55,200		1,377,851
	Furuno Electric Co. Ltd.		157,500		1,137,638
#	Furuya Metal Co. Ltd.		13,900		989,698
	Future Corp.		300,700		4,405,874
	Future Innovation Group, Inc.		11,900		25,643
#	Gig Works, Inc.		40,000		131,859
	GL Sciences, Inc.		44,500		837,950
#	Glosel Co. Ltd.		113,200		358,399
	GMO Financial Gate, Inc.		6,800		666,992
	GMO GlobalSign Holdings KK		34,100		1,437,599
	GMO Pepabo, Inc.		7,300		118,914
	Hagiwara Electric Holdings Co. Ltd.		48,300		699,201
#	Hakuto Co. Ltd.		84,900		1,487,669
# *	Hennge KK		13,200		103,572
	Himacs Ltd.		960		9,641
	Hioki EE Corp.		63,400		3,802,992
	Hochiki Corp.		91,500		847,704
	Hokuriku Electric Industry Co. Ltd.		33,197		297,826
#	Honda Tsushin Kogyo Co. Ltd.		110,100		404,029
	Horiba Ltd.		8,300		403,823
	Hosiden Corp.		329,800		3,145,012
*	Hotto Link, Inc.		55,800		189,651
# *	HPC Systems, Inc.		17,700		263,612
	Icom, Inc.		54,900		1,010,281
#	ID Holdings Corp.		76,250		493,119
	Ikegami Tsushinki Co. Ltd.		32,799		155,707
	I’ll, Inc.		24,800		262,276
	Ines Corp.		125,400		1,477,693
#	I-Net Corp.		76,490		721,723
	Infocom Corp.		145,400		2,478,445
	Infomart Corp.		912,000		4,542,081
	Information Services International-Dentsu Ltd.		144,100		4,138,292
	Innotech Corp.		97,200		1,005,082
	Intelligent Wave, Inc.		46,700		204,776
	Inter Action Corp.		58,500		871,332
	I-PEX, Inc.		72,100		784,608
	Iriso Electronics Co. Ltd.		131,700		3,077,442
	ISB Corp.		50,400		423,722
# *	ITbook Holdings Co. Ltd.		60,900		215,959
	Itfor, Inc.		172,600		1,069,490
#	Iwatsu Electric Co. Ltd.		54,900		356,098
	Japan Aviation Electronics Industry Ltd.		312,600		4,371,118
#	Japan Cash Machine Co. Ltd.		141,800		780,632
	Japan Electronic Materials Corp.		61,600		913,089
	Japan Material Co. Ltd.		434,600		6,566,033
#	Japan System Techniques Co. Ltd.		13,800		263,774
#	Jastec Co. Ltd.		72,900		624,730
#	JBCC Holdings, Inc.		93,400		1,074,625
	JFE Systems, Inc.		10,000		184,180

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
# *	JIG-SAW, Inc.		18,500	$	770,578
	Kaga Electronics Co. Ltd.		109,300		2,575,320
	Kanematsu Electronics Ltd.		78,500		2,345,633
	KEL Corp.		27,900		277,677
#	Koa Corp.		198,800		2,317,092
	Konica Minolta, Inc.		1,875,100		6,525,944
	KSK Co. Ltd.		3,000		49,506
#	Kyoden Co. Ltd.		116,100		453,485
	Kyosan Electric Manufacturing Co. Ltd.		261,000		877,640
	Kyowa Electronic Instruments Co. Ltd.		129,800		359,749
	LAC Co. Ltd.		100,100		628,351
	Macnica Fuji Electronics Holdings, Inc.		338,550		7,019,116
#	Marubun Corp.		112,200		573,400
	Maruwa Co. Ltd.		58,500		6,820,864
	Maxell Ltd.		305,000		2,719,600
	MCJ Co. Ltd.		432,800		2,830,842
*	Megachips Corp.		112,100		2,871,886
	Meiko Electronics Co. Ltd.		134,500		3,556,952
#	Melco Holdings, Inc.		35,600		1,086,774
*	Metaps, Inc.		2,500		13,744
	Micronics Japan Co. Ltd.		128,500		1,503,857
	MIMAKI ENGINEERING Co. LTD.		113,200		593,777
	Mimasu Semiconductor Industry Co. Ltd.		112,381		2,013,435
#	Miraial Co. Ltd.		42,100		536,326
	Miroku Jyoho Service Co. Ltd.		112,800		1,145,425
	Mitachi Co. Ltd.		7,900		53,103
	Mitsubishi Research Institute, Inc.		50,700		1,526,447
	m-up Holdings, Inc.		141,200		1,111,950
#	Mutoh Holdings Co. Ltd.		9,300		155,112
	Nagano Keiki Co. Ltd.		88,600		759,477
	Naigai Tec Corp.		7,900		154,276
#	Nakayo, Inc.		73,100		609,576
	NEC Networks & System Integration Corp.		98,200		1,394,365
	NET One Systems Co. Ltd.		204,500		4,879,943
#	NF Holdings Corp.		25,900		246,100
	Nichicon Corp.		313,500		2,838,708
#	Nihon Dempa Kogyo Co. Ltd.		84,000		758,400
	Nihon Denkei Co. Ltd.		43,300		425,435
*	Nippon Chemi-Con Corp.		125,300		1,739,280
	Nippon Computer Dynamics Co. Ltd.		36,200		190,127
	Nippon Electric Glass Co. Ltd.		412,436		8,302,514
#	Nippon Information Development Co. Ltd.		12,600		145,276
#	Nippon Kodoshi Corp.		51,600		777,449
	Nippon Signal Co. Ltd.		294,300		2,043,046
	Nippon Systemware Co. Ltd.		48,600		864,646
#	Nissha Co. Ltd.		245,700		2,593,216
	Nohmi Bosai Ltd.		145,100		2,136,920
	NSD Co. Ltd.		493,860		8,766,683
	Ohara, Inc.		48,700		411,830
	Ohizumi Manufacturing Co. Ltd.		22,800		137,409
# *	Okaya Electric Industries Co. Ltd.		77,800		169,266
	Oki Electric Industry Co. Ltd.		520,900		3,374,270
	ONO Sokki Co. Ltd.		32,200		120,929
	Optex Group Co. Ltd.		169,820		2,234,213
*	Optim Corp.		76,200		504,697
	Optorun Co. Ltd.		128,700		1,909,899
	Oro Co. Ltd.		31,300		488,192
	Osaki Electric Co. Ltd.		281,800		1,064,065
	Oval Corp.		35,600		85,983

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
#	PCA Corp.		37,000	$	371,977
#	PCI Holdings, Inc.		45,300		348,690
	Pipedo HD, Inc.		10,600		205,710
	Poletowin Pitcrew Holdings, Inc.		202,800		1,547,632
#	Pro-Ship, Inc.		51,100		558,411
	Relia, Inc.		245,600		2,018,996
	Restar Holdings Corp.		112,300		1,734,322
*	Ricksoft Co. Ltd.		2,000		26,066
#	Riken Keiki Co. Ltd.		89,400		2,813,981
	Riso Kagaku Corp.		76,000		1,427,040
#	River Eletec Corp.		35,300		256,761
	Roland DG Corp.		82,600		2,061,695
	Rorze Corp.		68,900		6,019,033
	Ryoden Corp.		95,700		1,236,472
	Ryosan Co. Ltd.		132,200		2,351,873
	Saison Information Systems Co. Ltd.		27,400		393,066
#	Sakura Internet, Inc.		131,700		571,523
#	Sanken Electric Co. Ltd.		89,100		3,290,583
	Sanshin Electronics Co. Ltd.		76,000		891,370
	Satori Electric Co. Ltd.		79,180		745,651
	Saxa Holdings, Inc.		30,600		352,785
	SB Technology Corp.		65,000		1,119,654
#	Scala, Inc.		102,100		595,462
	Segue Group Co. Ltd.		1,900		8,379
	Seikoh Giken Co. Ltd.		23,900		333,156
#	SEMITEC Corp.		8,000		392,927
#	SERAKU Co. Ltd.		24,700		230,116
#	Shibaura Electronics Co. Ltd.		45,000		2,047,560
#	Shibaura Mechatronics Corp.		23,100		1,296,326
#	Shindengen Electric Manufacturing Co. Ltd.		48,500		1,078,511
	Shinko Shoji Co. Ltd.		239,100		1,734,463
#	Shizuki Electric Co., Inc.		121,600		420,504
	Showa Shinku Co. Ltd.		24,400		269,305
#	Sigma Koki Co. Ltd.		28,900		333,962
	Siix Corp.		193,700		1,479,637
	SK-Electronics Co. Ltd.		49,000		296,038
# *	Smaregi, Inc.		15,900		127,680
	SMK Corp.		29,199		485,507
#	Softcreate Holdings Corp.		48,200		1,553,490
	Soliton Systems KK		54,100		604,155
	Solxyz Co. Ltd.		41,000		123,545
	Soshin Electric Co. Ltd.		18,200		80,852
# *	Speee, Inc.		3,600		99,643
	SRA Holdings		70,400		1,532,655
	Sumida Corp.		165,449		1,070,696
# *	Sun*, Inc.		19,500		243,220
	Sun-Wa Technos Corp.		76,800		788,088
	Suzuki Co. Ltd.		73,200		427,445
	System D, Inc.		1,100		9,937
#	System Information Co. Ltd.		54,800		406,944
	System Research Co. Ltd.		29,800		460,901
	System Support, Inc.		19,300		155,433
#	Systems Engineering Consultants Co. Ltd.		6,600		114,739
	Systena Corp.		1,460,000		4,589,156
	Tachibana Eletech Co. Ltd.		104,360		1,301,405
#	Takachiho Koheki Co. Ltd.		40,900		478,869
#	TAKEBISHI Corp.		52,200		585,141
#	Tamagawa Holdings Co. Ltd.		5,900		41,125
	Tamura Corp.		444,000		1,876,361

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
#	TDC Soft, Inc.		93,400	$	828,535
	TechMatrix Corp.		244,300		3,769,477
#	Techno Horizon Co. Ltd.		56,700		211,976
#	Tecnos Japan, Inc.		46,100		154,958
	Teikoku Tsushin Kogyo Co. Ltd.		51,500		567,394
	Terilogy Co. Ltd.		25,800		78,486
#	TESEC Corp.		22,600		300,356
#	TKC Corp.		186,500		4,898,798
	Tobila Systems, Inc.		1,600		9,770
	Toho System Science Co. Ltd.		2,700		19,733
#	Tokyo Electron Device Ltd.		45,100		1,874,137
	Tokyo Seimitsu Co. Ltd.		248,700		8,555,495
#	Tomen Devices Corp.		17,800		794,882
	Topcon Corp.		684,300		8,758,475
	Torex Semiconductor Ltd.		52,900		918,136
	Toshiba TEC Corp.		88,800		3,010,076
	Toukei Computer Co. Ltd.		6,210		257,723
	Towa Corp.		140,600		2,181,793
	Toyo Corp.		149,600		1,196,394
	Transcosmos, Inc.		98,100		2,312,838
#	Tri Chemical Laboratories, Inc.		154,500		2,901,707
	Tsuzuki Denki Co. Ltd.		42,800		486,412
	Ubicom Holdings, Inc.		29,000		636,202
	Uchida Yoko Co. Ltd.		46,900		1,769,982
	ULS Group, Inc.		11,100		338,530
#	Uniden Holdings Corp.		38,400		1,033,386
#	UNITED, Inc.		24,200		323,971
	User Local, Inc.		7,400		97,001
	V Technology Co. Ltd.		56,900		1,309,275
	VINX Corp.		25,600		239,611
	Wacom Co. Ltd.		990,000		7,157,879
#	Wellnet Corp.		54,900		203,126
#	WILLs, Inc.		34,200		179,935
#	Wow World, Inc.		21,700		185,648
*	Writeup Co. Ltd.		11,400		232,123
#	YAC Holdings Co. Ltd.		59,500		694,158
	Yamaichi Electronics Co. Ltd.		149,000		1,887,683
	Yashima Denki Co. Ltd.		119,500		865,570
	YE DIGITAL Corp.		14,400		45,143
#	Yokowo Co. Ltd.		108,500		2,129,181

TOTAL INFORMATION TECHNOLOGY					413,873,146

MATERIALS — (12.1%)
	Achilles Corp.		85,800		857,298
	ADEKA Corp.		508,800		9,757,863
	Agro-Kanesho Co. Ltd.		2,300		20,811
	Aica Kogyo Co. Ltd.		131,800		3,050,925
	Aichi Steel Corp.		70,200		1,215,059
	Arakawa Chemical Industries Ltd.		106,400		848,018
#	Araya Industrial Co. Ltd.		21,400		257,776
#	Asahi Holdings, Inc.		464,800		7,377,983
	Asahi Printing Co. Ltd.		25,700		165,679
	Asahi Yukizai Corp.		90,600		1,308,480
	Asahipen Corp.		2,100		29,814
	Asia Pile Holdings Corp.		210,800		692,540
	C Uyemura & Co. Ltd.		72,700		3,360,384
	Carlit Holdings Co. Ltd.		131,200		646,076
	Chuetsu Pulp & Paper Co. Ltd.		49,900		359,328
#	Chugoku Marine Paints Ltd.		325,400		2,386,210

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
MATERIALS — (Continued)
	CI Takiron Corp.		284,700	$	1,213,042
#	CK-San-Etsu Co. Ltd.		22,800		726,520
	Dai Nippon Toryo Co. Ltd.		123,600		745,237
#	Daicel Corp.		1,159,700		7,089,234
	Daido Steel Co. Ltd.		170,600		4,866,336
	Daiichi Kigenso Kagaku-Kogyo Co. Ltd.		126,400		950,666
	Daiken Corp.		62,200		1,005,643
#	Daiki Aluminium Industry Co. Ltd.		178,800		1,981,692
	Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		80,700		1,231,607
	Daito Chemix Corp.		27,200		163,817
	DIC Corp.		205,100		3,910,995
	DKS Co. Ltd.		50,800		1,018,861
	Dynapac Co. Ltd.		8,500		83,269
	FP Corp.		9,900		223,911
	Fuji Seal International, Inc.		240,200		3,190,096
	Fujikura Kasei Co. Ltd.		162,600		554,404
	Fujimi, Inc.		61,000		2,659,569
	Fujimori Kogyo Co. Ltd.		104,000		2,868,512
	Fuso Chemical Co. Ltd.		119,600		3,520,250
	Geostr Corp.		57,100		134,583
*	Godo Steel Ltd.		60,900		610,817
	Gun-Ei Chemical Industry Co. Ltd.		31,700		669,375
#	Hakudo Co. Ltd.		41,600		797,152
#	Harima Chemicals Group, Inc.		93,100		559,607
	Hodogaya Chemical Co. Ltd.		43,000		1,190,330
	Hokkan Holdings Ltd.		58,100		557,516
	Hokko Chemical Industry Co. Ltd.		119,100		926,196
#	Hokuetsu Corp.		793,299		4,064,090
	Ise Chemicals Corp.		13,000		426,845
#	Ishihara Chemical Co. Ltd.		72,000		713,015
	Ishihara Sangyo Kaisha Ltd.		227,250		1,780,489
	Ishizuka Glass Co. Ltd.		12,900		173,163
	Japan Pure Chemical Co. Ltd.		500		8,905
	JCU Corp.		132,700		3,379,892
	JSP Corp.		81,100		937,297
	Kaneka Corp.		139,000		3,719,299
	Kanto Denka Kogyo Co. Ltd.		284,300		2,144,816
	Katakura & Co-op Agri Corp.		21,500		215,690
#	KeePer Technical Laboratory Co. Ltd.		92,800		1,874,196
	KEIWA, Inc.		10,300		376,483
	KH Neochem Co. Ltd.		227,300		4,299,885
#	Kimoto Co. Ltd.		181,500		295,981
#	Koatsu Gas Kogyo Co. Ltd.		187,493		942,087
#	Kobe Steel Ltd.		1,598,885		6,931,715
	Kohsoku Corp.		70,200		830,984
	Konishi Co. Ltd.		209,700		2,461,737
#	Konoshima Chemical Co. Ltd.		37,500		425,141
	Krosaki Harima Corp.		30,400		943,785
#	Kumiai Chemical Industry Co. Ltd.		298,887		2,022,019
	Kunimine Industries Co. Ltd.		41,700		324,402
	Kureha Corp.		103,950		7,809,820
	Kurimoto Ltd.		60,500		746,597
	Kuriyama Holdings Corp.		78,000		586,989
	Kyoei Steel Ltd.		141,500		1,451,785
#	Kyowa Leather Cloth Co. Ltd.		81,300		418,045
	Lintec Corp.		271,800		5,062,985
	Maeda Kosen Co. Ltd.		119,400		2,729,884
	Maruichi Steel Tube Ltd.		182,200		3,888,576
	MEC Co. Ltd.		97,900		1,866,112

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
MATERIALS — (Continued)
#	Mipox Corp.		5,500	$	36,353
#	Mitani Sekisan Co. Ltd.		67,400		2,686,207
	Mitsubishi Materials Corp.		173,700		2,717,230
*	Mitsubishi Paper Mills Ltd.		246,400		579,400
	Mitsubishi Steel Manufacturing Co. Ltd.		60,400		496,818
	Mitsui Mining & Smelting Co. Ltd.		372,700		9,423,959
#	Molitec Steel Co. Ltd.		83,100		194,471
	MORESCO Corp.		39,800		358,176
	Moriroku Holdings Co. Ltd.		10,200		138,820
#	Mory Industries, Inc.		33,700		647,510
	Nakayama Steel Works Ltd.		169,700		557,291
	Nasu Denki Tekko Co. Ltd.		3,000		209,661
	Neturen Co. Ltd.		222,100		1,003,975
#	New Japan Chemical Co. Ltd.		117,500		241,382
	Nicca Chemical Co. Ltd.		45,700		263,719
#	Nichia Steel Works Ltd.		138,600		282,062
	Nihon Kagaku Sangyo Co. Ltd.		81,300		709,664
#	Nihon Nohyaku Co. Ltd.		243,500		1,123,226
	Nihon Parkerizing Co. Ltd.		521,900		3,691,474
#	Nihon Yamamura Glass Co. Ltd.		62,500		376,828
#	Nippon Carbide Industries Co., Inc.		46,200		487,520
#	Nippon Chemical Industrial Co. Ltd.		46,300		791,578
	Nippon Concrete Industries Co. Ltd.		293,100		693,658
	Nippon Denko Co. Ltd.		720,914		1,752,708
#	Nippon Fine Chemical Co. Ltd.		82,800		1,327,877
	Nippon Kayaku Co. Ltd.		552,700		4,816,960
	Nippon Light Metal Holdings Co. Ltd.		374,990		4,804,545
#	Nippon Paper Industries Co. Ltd.		547,200		4,346,332
#	Nippon Pillar Packing Co. Ltd.		120,400		2,421,205
	Nippon Shokubai Co. Ltd.		90,300		3,632,889
	Nippon Soda Co. Ltd.		147,700		3,906,181
	Nippon Yakin Kogyo Co. Ltd.		91,949		1,791,309
#	Nitta Gelatin, Inc.		85,500		416,664
	Nittetsu Mining Co. Ltd.		35,300		1,757,043
	Nozawa Corp.		47,500		263,711
#	Oat Agrio Co. Ltd.		49,200		442,049
	Okamoto Industries, Inc.		70,500		2,075,754
	Okura Industrial Co. Ltd.		54,600		768,783
	Osaka Organic Chemical Industry Ltd.		102,200		2,203,885
	Osaka Soda Co. Ltd.		85,499		2,100,559
#	Osaka Steel Co. Ltd.		89,300		962,598
*	OSAKA Titanium Technologies Co. Ltd.		35,200		362,590
	Pacific Metals Co. Ltd.		92,999		2,594,510
	Pack Corp.		87,200		1,595,934
	Rasa Industries Ltd.		45,700		495,005
	Rengo Co. Ltd.		774,900		4,587,837
	Riken Technos Corp.		234,800		789,354
	Sakai Chemical Industry Co. Ltd.		86,300		1,214,377
	Sakata INX Corp.		270,000		2,041,835
	Sanyo Chemical Industries Ltd.		85,200		3,258,100
#	Sanyo Special Steel Co. Ltd.		130,860		2,001,950
	Seiko PMC Corp.		78,300		348,715
	Sekisui Kasei Co. Ltd.		150,000		508,923
	Shikoku Chemicals Corp.		228,000		2,272,925
	Shinagawa Refractories Co. Ltd.		35,900		1,012,717
	Shin-Etsu Polymer Co. Ltd.		283,900		2,233,014
	SK Kaken Co. Ltd.		1,300		351,645
	Soken Chemical & Engineering Co. Ltd.		48,400		620,963
	Stella Chemifa Corp.		65,600		1,229,883

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
MATERIALS — (Continued)
	Sumitomo Bakelite Co. Ltd.		185,300	$	6,079,900
#	Sumitomo Osaka Cement Co. Ltd.		222,199		6,213,238
	Sumitomo Seika Chemicals Co. Ltd.		56,400		1,323,967
	T Hasegawa Co. Ltd.		209,300		4,075,961
#	T&K Toka Co. Ltd.		128,100		803,242
	Taiheiyo Cement Corp.		108,100		1,749,011
	Taisei Lamick Co. Ltd.		36,900		734,895
	Taiyo Holdings Co. Ltd.		229,200		5,468,063
	Takasago International Corp.		85,200		1,718,198
	Takemoto Yohki Co. Ltd.		43,800		273,650
# *	Tanaka Chemical Corp.		13,400		145,015
#	Taoka Chemical Co. Ltd.		23,500		182,752
	Tayca Corp.		97,400		895,657
	Teijin Ltd.		109,300		1,168,010
	Tenma Corp.		111,300		1,894,442
	Titan Kogyo Ltd.		5,100		66,901
	Toagosei Co. Ltd.		714,400		5,868,321
# *	Toda Kogyo Corp.		1,400		26,622
#	Toho Acetylene Co. Ltd.		12,700		107,673
	Toho Chemical Industry Co. Ltd.		47,000		187,355
	Toho Titanium Co. Ltd.		225,800		2,580,501
	Toho Zinc Co. Ltd.		88,999		1,899,127
	Tohoku Steel Co. Ltd.		16,300		210,028
	Tokai Carbon Co. Ltd.		328,600		2,717,148
#	Tokushu Tokai Paper Co. Ltd.		60,058		1,595,175
	Tokuyama Corp.		389,297		5,177,717
	Tokyo Printing Ink Manufacturing Co. Ltd.		10,200		180,654
#	Tokyo Rope Manufacturing Co. Ltd.		46,000		297,765
	Tokyo Steel Manufacturing Co. Ltd.		572,300		5,923,302
	Tokyo Tekko Co. Ltd.		61,900		607,702
	Tomoegawa Co. Ltd.		23,900		141,656
	Tomoku Co. Ltd.		70,600		808,603
	Topy Industries Ltd.		94,400		750,057
#	Toyo Gosei Co. Ltd.		31,100		2,287,510
	Toyo Ink SC Holdings Co. Ltd.		240,100		3,575,184
	Toyo Seikan Group Holdings Ltd.		51,500		557,044
	Toyobo Co. Ltd.		523,000		4,299,915
#	TYK Corp.		148,500		325,890
	UACJ Corp.		208,841		3,493,900
	UBE Corp.		449,400		6,967,857
	Ultrafabrics Holdings Co. Ltd.		700		17,080
	Valqua Ltd.		108,399		2,179,997
#	Vertex Corp.		42,098		983,887
	Wavelock Holdings Co. Ltd.		30,900		161,613
#	Wood One Co. Ltd.		40,897		433,400
	Yamato Kogyo Co. Ltd.		261,300		8,432,992
	Yodogawa Steel Works Ltd.		138,500		2,621,605
	Yotai Refractories Co. Ltd.		115,400		1,200,245
	Yushiro Chemical Industry Co. Ltd.		65,900		524,918

TOTAL MATERIALS					334,593,846

REAL ESTATE — (1.4%)
	AD Works Group Co. Ltd.		80,079		91,275
	Airport Facilities Co. Ltd.		143,970		599,204
	Anabuki Kosan, Inc.		16,400		284,874
	Aoyama Zaisan Networks Co. Ltd.		92,000		864,797
	Apaman Co. Ltd.		75,900		277,748
#	Ardepro Co. Ltd.		70,700		23,892
	Arealink Co. Ltd.		29,600		341,002

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
REAL ESTATE — (Continued)
#	B-Lot Co. Ltd.		25,800	$	98,423
	Cosmos Initia Co. Ltd.		93,700		293,684
	CRE, Inc.		23,200		287,761
#	Dear Life Co. Ltd.		152,600		603,179
	Goldcrest Co. Ltd.		103,270		1,343,134
	Good Com Asset Co. Ltd.		42,500		345,180
#	Grandy House Corp.		95,600		386,560
	Heiwa Real Estate Co. Ltd.		204,400		6,447,857
	Ichigo, Inc.		546,500		1,225,539
#	Japan Property Management Center Co. Ltd.		86,300		659,635
	JINUSHI Co. Ltd.		77,900		1,146,168
	JSB Co. Ltd.		21,700		580,584
	Keihanshin Building Co. Ltd.		202,700		2,109,561
#	Loadstar Capital KK		9,200		105,916
#	Mirainovate Co. Ltd.		226,040		279,286
	Mugen Estate Co. Ltd.		64,200		254,035
	Nisshin Group Holdings Co. Ltd.		205,500		721,820
#	Property Agent, Inc.		9,200		114,364
#	Raysum Co. Ltd.		94,000		693,254
	Relo Group, Inc.		12,300		175,700
	SAMTY Co. Ltd.		183,150		2,958,099
	Sankyo Frontier Co. Ltd.		24,600		905,517
	Sansei Landic Co. Ltd.		29,100		183,454
	Shinoken Group Co. Ltd.		112,600		876,819
# *	SRE Holdings Corp.		26,500		546,672
	Star Mica Holdings Co. Ltd.		87,800		1,038,880
	Starts Corp., Inc.		212,600		3,940,387
	Sun Frontier Fudousan Co. Ltd.		190,500		1,591,859
	Sunnexta Group, Inc.		11,700		105,100
	Takara Leben Co. Ltd.		547,800		1,252,970
	Tenpo Innovation Co. Ltd.		3,100		19,893
	TOC Co. Ltd.		297,950		1,534,633
	Tokyo Rakutenchi Co. Ltd.		19,800		602,540
#	Tokyo Theatres Co., Inc.		47,099		442,707
	Tosei Corp.		187,900		1,581,063
	Urbanet Corp. Co. Ltd.		92,700		215,125
	Yoshicon Co. Ltd.		3,100		26,120

TOTAL REAL ESTATE					38,176,270

UTILITIES — (1.6%)
#	EF-ON, Inc.		88,520		372,064
#	eRex Co. Ltd.		185,100		2,801,780
	Hiroshima Gas Co. Ltd.		322,200		805,924
	Hokkaido Electric Power Co., Inc.		1,163,200		4,317,907
	Hokkaido Gas Co. Ltd.		96,800		1,125,825
#	Hokuriku Electric Power Co.		1,020,000		4,046,302
#	Hokuriku Gas Co. Ltd.		10,100		210,234
	K&O Energy Group, Inc.		94,000		1,205,216
	Nippon Gas Co. Ltd.		684,000		9,706,198
	Okinawa Electric Power Co., Inc.		293,616		2,922,769
# *	RENOVA, Inc.		18,000		221,775
	Saibu Gas Holdings Co. Ltd.		217,000		3,561,606
	Shikoku Electric Power Co., Inc.		708,000		4,070,656
	Shizuoka Gas Co. Ltd.		319,000		2,286,645
#	Toell Co. Ltd.		57,500		366,537

THE JAPANESE SMALL COMPANY SERIES

CONTINUED


	Shares		Value»
UTILITIES — (Continued)
West Holdings Corp.		134,903	$	5,321,213

TOTAL UTILITIES				43,342,651

TOTAL COMMON STOCKS Cost ($ 2,848,640,142)				2,693,255,860


			Value†
SECURITIES LENDING COLLATERAL — (2.1%) @ § The DFA Short Term Investment Fund		5,113,148		59,143,777

TOTAL INVESTMENTS — (100.0%) (Cost $ 2,907,781,909)			$	2,752,399,637


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 April 30, 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		—	$	76,576,692		—	$	76,576,692
Consumer Discretionary		—		389,703,906		—		389,703,906
Consumer Staples		—		208,955,771		—		208,955,771
Energy		—		28,477,319		—		28,477,319
Financials	$	3,391,495		241,569,648		—		244,961,143
Health Care		—		125,839,005		—		125,839,005
Industrials		—		788,756,111		—		788,756,111
Information Technology		—		413,873,146		—		413,873,146
Materials		—		334,593,846		—		334,593,846
Real Estate		—		38,176,270		—		38,176,270
Utilities		—		43,342,651		—		43,342,651
Securities Lending Collateral		—		59,143,777		—		59,143,777

TOTAL	$	3,391,495	$	2,749,008,142		—	$	2,752,399,637

THE ASIA PACIFIC SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (98.6%)
AUSTRALIA — (64.1%)
*	3P Learning Ltd.		93,233	$	103,532
# *	5E Advanced Materials, Inc.		10,282		26,008
*	A2B Australia Ltd.		511,111		457,049
# *	A-Cap Energy Ltd.		575,931		50,898
	Accent Group Ltd.		2,684,944		2,703,152
* ††	ACN Ltd.		1,687		1
	Acrow Formwork & Construction Services Ltd.		188,221		66,939
*	Actinogen Medical Ltd.		729,727		44,620
#	Adairs Ltd.		1,071,476		2,130,226
	Adbri Ltd.		2,286,093		4,665,550
# *	Adore Beauty Group Ltd.		42,014		48,756
# *	Advance Zinctek Ltd.		9,653		14,329
# *	Aeris Resources Ltd.		694,142		58,854
*	Ainsworth Game Technology Ltd.		529,062		395,277
# *	Alcidion Group Ltd.		643,486		78,006
*	Alkane Resources Ltd.		3,356,164		2,402,435
# *	Alliance Aviation Services Ltd.		423,816		1,129,402
# *	Alligator Energy Ltd.		8,107,416		454,317
*	Altech Chemicals Ltd.		174,277		10,894
# *	AMA Group Ltd.		6,168,260		1,202,597
*	AMP Ltd.		19,595,083		15,831,359
*	Andromeda Metals Ltd.		168,724		11,786
#	Ansell Ltd.		532,511		10,199,296
*	Antipa Minerals Ltd.		2,670,077		80,386
#	Appen Ltd.		755,130		3,449,389
# *	Arafura Resources Ltd.		9,284,899		2,515,579
	ARB Corp. Ltd.		521,026		14,441,507
# *	Archer Materials Ltd.		514,440		309,999
*	Ardea Resources Ltd.		132,809		153,659
# *	Ardent Leisure Group Ltd.		3,214,664		3,009,253
# *	Argosy Minerals Ltd.		1,030,094		317,905
*	Aroa Biosurgery Ltd.		79,562		49,334
*	Atomos Ltd.		766,415		393,732
	AUB Group Ltd.		600,321		9,719,664
# *	Audinate Group Ltd.		116,574		498,799
*	Aura Energy Ltd.		259,286		48,328
# *	Aurelia Metals Ltd.		8,842,817		2,795,320
	Ausgold Ltd.		19,015		914
*	Aussie Broadband Ltd.		449,193		1,746,844
	Austal Ltd.		2,403,127		3,420,557
	Austin Engineering Ltd.		392,390		71,177
*	Australian Agricultural Co. Ltd.		3,149,972		3,821,299
	Australian Ethical Investment Ltd.		256,761		1,043,298
#	Australian Finance Group Ltd.		1,762,091		2,506,542
*	Australian Mines Ltd.		1,686,274		228,557
*	Australian Potash Ltd.		426,553		21,334
*	Australian Strategic Materials Ltd.		565,588		2,503,728
# *	Australian Vanadium Ltd.		9,475,538		454,848
#	Australian Vintage Ltd.		3,037,444		1,515,737
*	Australis Oil & Gas Ltd.		643,590		27,094
	Auswide Bank Ltd.		166,720		833,338
	Auteco Minerals Ltd.		247,992		13,195
#	AVJennings Ltd.		5,672,925		2,097,165
*	AVZ Minerals Ltd.		263,719		177,164
	Azure Minerals Ltd.		24,167		5,568

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
AUSTRALIA — (Continued)
	Baby Bunting Group Ltd.		779,798	$	2,547,192
*	Bannerman Energy Ltd.		953,936		153,707
	Bapcor Ltd.		2,189,248		10,377,622
	Base Resources Ltd.		1,285,410		285,178
*	BCI Minerals Ltd.		2,639,736		756,873
#	Beach Energy Ltd.		11,412,031		13,011,046
#	Beacon Lighting Group Ltd.		399,768		673,074
	Beacon Minerals Ltd.		2,446,902		58,468
	Bega Cheese Ltd.		1,973,378		6,964,374
#	Bell Financial Group Ltd.		709,933		618,170
*	Bellevue Gold Ltd.		6,785,244		4,566,969
	Berkeley Energia Ltd.		37,692		11,752
# *	Betmakers Technology Group Ltd.		1,239,988		495,254
# *	Bigtincan Holdings Ltd.		1,280,517		574,699
*	Bionomics Ltd.		160,677		6,867
*	Black Rock Mining Ltd.		2,860,513		562,348
	Blackmores Ltd.		94,906		4,805,672
	Blackstone Minerals Ltd.		110,079		28,096
#	Boral Ltd.		193,366		482,376
*	Boss Energy Ltd.		153,235		288,782
	Boss Energy Ltd.		5,817		11,056
*	Botanix Pharmaceuticals Ltd.		688,967		39,444
*	Bowen Coking Coal Ltd.		330,866		76,340
	Bravura Solutions Ltd.		1,830,843		2,428,184
#	Breville Group Ltd.		652,020		10,805,621
	Brickworks Ltd.		486,532		8,081,060
*	Bubs Australia Ltd.		93,511		28,685
*	Buru Energy Ltd.		713,223		103,849
	BWX Ltd.		1,101,611		1,449,165
*	Byron Energy Ltd.		275,427		32,067
*	Calidus Resources Ltd.		842,114		592,269
*	Calima Energy Ltd.		1,950,890		252,886
*	Calix Ltd.		558,482		3,418,363
*	Cannindah Resources Ltd.		18,583		4,104
	Capitol Health Ltd.		5,659,421		1,293,016
	Capral Ltd.		53,401		352,671
*	Capricorn Metals Ltd.		2,026,381		5,894,993
# *	Carbon Revolution Ltd.		376,531		153,813
# *	Carnarvon Energy Ltd.		7,925,626		1,308,568
	Carsales.com Ltd.		158,005		2,332,639
#	Cash Converters International Ltd.		2,819,818		496,312
# *	Catapult Group International Ltd.		458,978		389,153
* ††	CDS Technologies Ltd.		13,276		0
	Cedar Woods Properties Ltd.		480,734		1,573,625
*	Central Petroleum Ltd.		759,474		62,971
, ††	Centrebet Litigatation		162,672		0
*	Chalice Mining Ltd.		679,443		3,261,814
	Challenger Exploration Ltd.		96,068		20,505
	Challenger Ltd.		2,057,729		10,411,183
#	Champion Iron Ltd.		1,573,976		7,978,815
# *	City Chic Collective Ltd.		1,254,668		2,611,458
*	Clean Seas Seafood Ltd.		231,488		98,765
	ClearView Wealth Ltd.		156,351		89,236
#	Clinuvel Pharmaceuticals Ltd.		240,036		2,760,701
#	Clover Corp. Ltd.		757,373		720,589
# *	Cobalt Blue Holdings Ltd.		650,479		384,117
	Codan Ltd.		670,501		3,343,712
# *	Cogstate Ltd.		209,872		320,123
*	Collection House Ltd.		1,706,260		133,620

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


			Shares		Value»
AUSTRALIA — (Continued)
	Collins Foods Ltd.			797,445	$	5,710,195
*	Comet Ridge Ltd.			727,460		91,174
# *	Cooper Energy Ltd.			12,026,944		2,456,157
# *	Core Lithium Ltd.			756,237		717,896
*	Corporate Travel Management Ltd.			678,798		12,247,274
	Costa Group Holdings Ltd.			2,751,728		6,435,444
#	Credit Corp. Group Ltd.			442,571		8,462,623
*	Creso Pharma Ltd.			39,292		1,672
	CSR Ltd.			3,109,441		13,316,440
# *	Cynata Therapeutics Ltd.			111,132		29,045
*	Dacian Gold Ltd.			1,194,281		193,796
# *	Danakali Ltd.			693,690		129,842
	Data#3 Ltd.			1,135,606		4,611,820
# *	De Grey Mining Ltd.			5,677,245		4,776,641
*	Decmil Group Ltd.			47,381		4,194
# *	Deep Yellow Ltd.			1,225,908		784,713
	Deterra Royalties Ltd.			2,795,041		9,468,720
*	Develop Global Ltd.			15,149		33,663
	DGO Gold Ltd.			13,138		31,362
	Dicker Data Ltd.	��		390,722		3,613,035
	Domain Holdings Australia Ltd.			1,619,291		3,943,508
	Downer EDI Ltd.			3,840,565		14,859,162
*	Dreadnought Resources Ltd.			4,729,913		143,893
#	Eagers Automotive Ltd.			801,536		7,408,862
#	Earlypay Ltd.			954,863		336,082
# *	Eclipx Group Ltd.			2,349,979		4,601,675
*	Ecofibre Ltd.			75,087		21,321
# *	Ecograf Ltd.			1,661,115		562,941
	Elanor Investor Group			430,634		652,264
	Elders Ltd.			1,009,369		10,147,308
# *	Electro Optic Systems Holdings Ltd.			454,671		698,429
	Elementos Ltd.			47,135		26,643
*	Elementos Ltd.			88,637		49,679
# *	Elevate Uranium Ltd.			172,343		72,832
*	Elixir Energy Ltd.			2,250,692		253,002
# *	Elmo Software Ltd.			101,881		222,147
#	Emeco Holdings Ltd.			2,574,795		1,513,028
*	Emerald Resources NL			330,895		280,564
# *	EML Payments Ltd.			1,986,286		2,150,333
*	Energy Resources of Australia Ltd.			361,125		84,469
	Enero Group Ltd.			256,550		634,952
# *	EnviroSuite Ltd.			1,131,191		108,220
	EQT Holdings Ltd.			131,324		2,553,787
#	Estia Health Ltd.			1,663,088		2,717,062
	Eureka Group Holdings Ltd.			28,507		13,775
# *	European Lithium Ltd.			3,882,196		251,417
	Euroz Hartleys Group Ltd.			333,049		395,270
*	EVENT Hospitality & Entertainment Ltd.			554,678		5,680,201
*	Experience Co. Ltd.			102,579		23,625
	Fenix Resources Ltd.			262,709		60,326
	Finbar Group Ltd.			337,695		189,519
	Fleetwood Ltd.			628,898		821,013
# *	Flight Centre Travel Group Ltd.			742,646		11,597,764
*	Fluence Corp. Ltd.			116,395		20,454
*	Frontier Digital Ventures Ltd.			964,999		768,407
# *	FYI Resources Ltd.			452,463		71,940
#	G8 Education Ltd.			6,429,688		4,954,932
# *	Galan Lithium Ltd.			1,948,397		2,305,957
# *	Gascoyne Resources Ltd.			115,362		22,705

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
AUSTRALIA — (Continued)
# *	Genetic Signatures Ltd.		171,373	$	160,883
# *	Genex Power Ltd.		899,377		96,836
	Genworth Mortgage Insurance Australia Ltd.		2,608,888		5,485,155
	Gold Road Resources Ltd.		6,651,673		7,265,158
	GR Engineering Services Ltd.		217,755		318,080
	GrainCorp Ltd., Class A		1,547,172		11,180,429
	Grange Resources Ltd.		3,698,163		3,487,435
# *	Greenland Minerals Ltd.		1,881,748		92,349
*	GTN Ltd.		15,394		5,789
	GUD Holdings Ltd.		1,102,137		9,899,822
	GWA Group Ltd.		1,609,241		2,570,452
	Hansen Technologies Ltd.		1,305,013		5,050,977
*	Hastings Technology Metals Ltd.		820,158		157,082
	Healius Ltd.		3,973,423		12,502,907
	Healthia Ltd.		117,241		150,912
*	Helios Energy Ltd.		632,312		44,999
# *	Helloworld Travel Ltd.		51,370		94,597
*	Highfield Resources Ltd.		487,447		381,479
	Hillgrove Resources Ltd.		352,714		19,261
	Horizon Oil Ltd.		1,563,587		142,476
*	Hot Chili Ltd.		169,686		196,622
#	HT&E Ltd.		1,709,119		2,045,085
#	HUB24 Ltd.		395,765		6,609,865
#	Humm Group Ltd.		2,546,056		1,474,109
*	IDT Australia Ltd.		52,972		5,781
	IGO Ltd.		123,803		1,125,662
	Iluka Resources Ltd.		2,047,759		16,039,888
#	Image Resources NL		946,902		148,614
	Imdex Ltd.		3,004,974		5,271,736
*	Immutep Ltd.		1,479,153		349,613
*	Immutep Ltd., Sponsored ADR		4,516		10,342
# *	ImpediMed Ltd.		417,437		34,773
# *	Imugene Ltd.		4,245,890		635,356
#	Infomedia Ltd.		3,087,927		2,743,468
#	Inghams Group Ltd.		2,772,101		6,001,824
	Insignia Financial Ltd.		3,939,870		9,470,814
	Integral Diagnostics Ltd.		1,510,998		4,189,821
# *	Integrated Research Ltd.		750,808		401,771
*	Investigator Resources Ltd.		686,170		29,864
# *	Invictus Energy Ltd.		160,419		26,698
#	InvoCare Ltd.		945,502		8,112,223
*	ioneer Ltd.		11,443,354		5,315,439
	IPH Ltd.		1,267,863		6,721,402
	IRESS Ltd.		1,238,548		9,527,574
	IVE Group Ltd.		628,751		874,887
*	Janison Education Group Ltd.		262,831		145,025
# *	Jervois Global Ltd.		129,686		82,365
	Johns Lyng Group Ltd.		1,066,692		6,676,213
	Jumbo Interactive Ltd.		208,843		2,539,075
#	Jupiter Mines Ltd.		5,443,189		939,365
# *	Kalium Lakes Ltd.		365,906		25,541
# *	Karoon Energy Ltd.		4,632,210		6,652,305
	Kelly Partners Group Holdings Ltd.		3,572		12,817
	Kelsian Group Ltd.		554,052		3,069,677
*	KGL Resources Ltd.		310,205		80,908
# *	Kingsgate Consolidated Ltd.		897,718		903,449
*	Koba Resources Ltd.		34,186		0
# *	Kogan.com Ltd.		468,030		1,272,241
# *	Lake Resources NL		3,681,901		4,944,563

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
AUSTRALIA — (Continued)
# *	Lark Distilling Co. Ltd.		65,368	$	163,047
* ††	Lednium Technology Pty Ltd.		195,019		0
# *	Legend Mining Ltd.		2,176,273		130,431
# *	Lepidico Ltd.		2,895,993		67,131
	Lifestyle Communities Ltd.		512,769		5,404,274
	Link Administration Holdings Ltd.		2,206,818		7,813,444
# *	Lithium Power International Ltd.		304,819		163,708
# *	Livetiles Ltd.		344,818		21,480
# *	Lotus Resources Ltd.		364,198		85,128
#	Lovisa Holdings Ltd.		315,990		3,617,876
*	Lucapa Diamond Co. Ltd.		2,713,021		122,677
	Lycopodium Ltd.		64,242		274,109
	MA Financial Group Ltd.		357,116		1,727,633
	MACA Ltd.		2,345,337		1,332,542
# *	Mach7 Technologies Ltd.		42,643		20,165
	Macmahon Holdings Ltd.		5,797,402		688,879
*	Macquarie Telecom Group Ltd.		17,053		837,444
	Mader Group Ltd.		24,423		49,972
*	Maggie Beer Holdings Ltd.		243,446		83,156
# *	Magnetite Mines Ltd.		2,125,737		41,643
	Magnetite Mines Ltd.		10,628,685		30,039
*	Matador Mining Ltd.		63,503		11,286
#	MaxiPARTS Ltd.		79,407		118,977
# *	Mayne Pharma Group Ltd.		9,518,774		1,902,076
	McMillan Shakespeare Ltd.		532,794		4,443,551
#	McPherson’s Ltd.		653,702		409,548
# *	Medical Developments International Ltd.		133,004		327,221
	Medusa Mining Ltd.		1,024,934		609,247
# *	Megaport Ltd.		899,235		5,342,250
# *	Mesoblast Ltd.		2,382,780		1,790,782
# *	Metals X Ltd.		5,234,656		2,707,724
	Metcash Ltd.		6,250,669		20,983,314
#	Michael Hill International Ltd.		1,522,713		1,230,373
# *	Micro-X Ltd.		261,656		36,772
*	Mincor Resources NL		2,649,729		4,660,199
*	MMA Offshore Ltd.		1,563,399		626,227
#	Monadelphous Group Ltd.		693,546		5,166,379
	Monash IVF Group Ltd.		1,831,520		1,591,451
	Money3 Corp. Ltd.		1,348,356		2,477,841
*	MoneyMe Ltd.		217,905		225,643
*	Morella Corp. Ltd.		156,232		4,023
* ††	Morning Star Gold NL		332,749		0
	Motorcycle Holdings Ltd.		109,445		221,236
#	Mount Gibson Iron Ltd.		4,669,204		2,291,164
# ††	Myanmar Metals Ltd.		49,486		4,591
#	Myer Holdings Ltd.		5,088,735		1,736,852
	MyState Ltd.		739,564		2,589,996
# *	Nanosonics Ltd.		1,546,016		4,272,059
	National Tyre & Wheel Ltd.		97,940		82,744
# *	Navarre Minerals Ltd.		1,529,442		102,673
	Navigator Global Investments Ltd.		1,090,492		1,246,281
# *	Nearmap Ltd.		3,423,442		2,898,299
# *	Neometals Ltd.		1,542,276		1,673,731
#	Netwealth Group Ltd.		622,800		5,639,173
	Neurizer Ltd.		278,903		38,082
# *	New Century Resources Ltd.		157,261		250,967
	New Energy Solar		35,136		19,623
#	New Hope Corp. Ltd.		3,053,402		7,519,915
*	New World Resources Ltd.		2,729,773		95,242

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
AUSTRALIA — (Continued)
	nib holdings Ltd.		2,951,426	$	14,696,382
#	Nick Scali Ltd.		502,778		3,586,621
	Nickel Mines Ltd.		5,750,030		5,270,190
*	Nitro Software Ltd.		80,176		75,256
*	Northern Minerals Ltd.		730,115		25,487
# *	Norwest Energy NL		1,011,292		24,088
*	Noumi Ltd.		181,969		25,513
# *	Nova Minerals Ltd.		108,288		57,372
# *	Novonix Ltd.		1,895,530		6,715,899
*	Noxopharm Ltd.		180,445		38,231
	NRW Holdings Ltd.		3,366,410		4,589,677
	Nufarm Ltd.		1,868,539		8,405,996
	Objective Corp. Ltd.		76,409		910,912
*	OFX Group Ltd.		1,909,589		3,427,634
*	Oklo Resources Ltd.		111,596		6,828
	OM Holdings Ltd.		676,887		417,902
# *	Omni Bridgeway Ltd.		2,340,733		5,499,499
	oOh!media Ltd.		3,417,957		3,741,820
# *	Opthea Ltd.		1,257,529		900,939
*	Ora Banda Mining Ltd.		801,622		21,567
*	OreCorp Ltd.		192,088		94,430
	Orora Ltd.		5,931,076		16,620,849
	Pacific Current Group Ltd.		337,121		1,754,399
# *	Pacific Smiles Group Ltd.		272,678		441,911
	Pact Group Holdings Ltd.		1,422,949		2,297,934
*	Paladin Energy Ltd.		14,954,350		8,229,749
*	Panoramic Resources Ltd.		10,499,003		2,450,945
# *	Pantoro Ltd.		4,547,983		891,288
*	Paradigm Biopharmaceuticals Ltd.		41,528		35,868
	Paragon Care Ltd.		253,414		73,152
	Peal Resources Ltd.		22,422		11,090
	Peet Ltd.		1,348,161		1,055,570
#	Pendal Group Ltd.		2,058,779		7,579,036
# *	Peninsula Energy Ltd.		3,332,209		520,601
	PeopleIN Ltd.		417,069		1,108,381
	Pepper Money Ltd.		217,431		335,544
	Perenti Global Ltd.		4,462,529		2,217,259
#	Perpetual Ltd.		376,124		8,646,990
	Perseus Mining Ltd.		8,114,950		11,292,171
#	Pinnacle Investment Management Group Ltd.		620,929		4,058,167
	Platinum Asset Management Ltd.		1,941,364		2,540,318
*	Podium Minerals Ltd.		245,537		77,180
*	PointsBet Holdings Ltd.		125,043		254,814
*	Poseidon Nickel Ltd.		12,683,800		739,908
# *	PPK Group Ltd.		22,761		62,091
# *	Praemium Ltd.		2,977,411		1,350,207
# *	Predictive Discovery Ltd.		2,463,556		423,971
	Premier Investments Ltd.		323,537		5,733,066
*	Prescient Therapeutics Ltd.		430,367		38,788
	Pro Medicus Ltd.		20,243		662,021
#	Probiotec Ltd.		78,596		126,864
	Pro-Pac Packaging Ltd.		7,272		7,250
	Propel Funeral Partners Ltd.		156,983		509,942
*	Prophecy International Holdings Ltd.		24,007		18,193
# *	Prospect Resources Ltd.		1,167,946		796,288
	PSC Insurance Group Ltd.		212,280		686,989
	PTB Group Ltd.		66,652		56,759
#	PWR Holdings Ltd.		584,703		4,173,487
# *	PYC Therapeutics Ltd.		389,981		23,961

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
AUSTRALIA — (Continued)
	QANTM Intellectual Property Ltd.		112,211	$	86,670
# *	Raiz Invest Ltd.		65,033		44,561
#	Ramelius Resources Ltd.		5,417,357		5,753,347
*	ReadyTech Holdings Ltd.		260,516		618,655
#	Reckon Ltd.		391,834		230,619
*	Red 5 Ltd.		13,044,571		3,746,067
*	Red River Resources Ltd.		243,417		37,944
# *	Redbubble Ltd.		1,256,028		986,516
#	Regis Healthcare Ltd.		998,299		1,475,588
#	Regis Resources Ltd.		4,825,314		7,069,383
# *	Reject Shop Ltd.		172,851		481,840
	Reliance Worldwide Corp. Ltd.		3,624,075		9,945,168
	Renaissance Uranium Ltd.		81,493		15,834
# *	Renascor Resources Ltd.		645,598		121,389
#	Resimac Group Ltd.		121,552		138,122
# *	Resolute Mining Ltd.		7,814,227		1,929,082
*	Retail Food Group Ltd.		12,168,489		574,349
*	Rex Minerals Ltd.		36,621		6,183
	Ridley Corp. Ltd.		1,912,074		2,267,714
*	RPMGlobal Holdings Ltd.		1,028,977		1,229,014
# *	Rumble Resources Ltd.		178,014		46,491
* ††	Salmat Ltd.		667,137		0
	Sandfire Resources Ltd.		2,964,241		11,748,649
*	SciDev Ltd.		144,186		29,199
# *	SECOS Group Ltd.		230,520		29,127
	Select Harvests Ltd.		892,695		4,125,281
#	Servcorp Ltd.		348,243		883,856
*	Service Stream Ltd.		4,278,797		2,640,271
*	Seven West Media Ltd.		8,955,400		4,375,702
	SG Fleet Group Ltd.		639,084		1,105,540
	Shaver Shop Group Ltd.		677,378		548,090
*	Sheffield Resources Ltd.		215,105		87,377
	Shine Justice Ltd.		59,739		48,366
	Shriro Holdings Ltd.		24,206		17,222
	Sigma Healthcare Ltd.		6,192,917		2,184,083
*	Silex Systems Ltd.		80,327		77,121
*	Silver Lake Resources Ltd.		5,791,755		7,565,868
# *	Silver Mines Ltd.		3,864,903		649,366
	Sims Ltd.		1,144,275		16,544,951
	SmartGroup Corp. Ltd.		948,165		5,938,103
# *	Solstice Minerals Ltd.		19,314		0
*	SomnoMed Ltd.		25,160		32,913
	Southern Cross Electrical Engineering Ltd.		769,816		360,553
	Southern Cross Media Group Ltd.		1,561,488		1,887,298
# * ††	Speedcast International Ltd.		1,497,915		0
*	Spirit Technology Solutions Ltd.		391,679		23,601
# *	Splitit Ltd.		84,457		15,247
	SRG Global Ltd.		622,611		281,558
	St Barbara Ltd.		6,020,429		5,627,686
*	Star Entertainment Grp Ltd.		5,123,970		11,317,208
# *	Starpharma Holdings Ltd.		139,631		83,672
	Steadfast Group Ltd.		2,064,917		7,475,790
# *	Strike Energy Ltd.		5,952,516		1,382,716
	Sunland Group Ltd.		1,145,029		2,228,754
# *	Sunrise Energy Metals Ltd.		8,693		20,340
# *	Sunstone Metals Ltd.		6,891,891		317,523
	Super Retail Group Ltd.		1,085,264		8,029,960
*	Superloop Ltd.		2,183,801		1,456,917
	Symbio Holdings Ltd.		299,326		1,027,655

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
AUSTRALIA — (Continued)
# *	Syrah Resources Ltd.		4,909,774	$	6,687,640
	Tassal Group Ltd.		1,531,815		4,061,629
	Technology One Ltd.		1,701,660		12,279,588
# *	Temple & Webster Group Ltd.		540,805		2,207,322
	Terracom Ltd.		197,944		78,455
	Tribune Resources Ltd.		14,725		47,867
# *	Tyro Payments Ltd.		2,067,445		1,767,120
	United Malt Grp Ltd.		1,796,399		5,248,830
*	Uniti Group Ltd.		3,117,288		10,764,646
	VGI Partners Ltd.		7,907		23,030
# *	Vimy Resources Ltd.		2,696,828		447,678
* ††	Virgin Australia Holdings Ltd.		7,648,897		0
	Virtus Health Ltd.		589,189		3,401,101
	Vita Group Ltd.		808,862		287,004
# *	Vital Metals Ltd.		246,694		10,466
W	Viva Energy Group Ltd.		5,149,577		10,103,475
# *	Viva Leisure Ltd.		84,215		97,259
# *	Vmoto Ltd.		267,457		73,145
# *	Volpara Health Technologies Ltd.		225,102		133,909
# *	VRX Silica Ltd.		1,325,475		177,002
*	Wagners Holding Co. Ltd.		122,838		114,713
*	Walkabout Resources Ltd.		1,129,282		189,301
# *	Warrego Energy Ltd.		86,865		8,263
# *	Webjet Ltd.		2,181,629		9,051,958
*	West African Resources Ltd.		6,322,943		6,032,039
*	Western Areas Ltd.		2,291,678		6,194,136
	Westgold Resources Ltd.		3,170,864		3,661,168
# *	Whispir Ltd.		121,430		104,915
	Whitehaven Coal Ltd.		5,290,865		18,169,068
*	Widgie Nickel Ltd.		265,653		90,397
*	Wiluna Mining Corp. Ltd.		248,265		129,208
	Yancoal Australia Ltd.		40,527		152,737
# *	Zip Co. Ltd.		2,250,758		1,655,533

TOTAL AUSTRALIA					1,043,969,769

CHINA — (0.6%)
W	BOC Aviation Ltd.		556,000		4,361,469
	BOE Varitronix Ltd.		3,180,293		3,603,367
*	China Display Optoelectronics Technology Holdings Ltd.		5,928,000		314,908
	Fountain SET Holdings Ltd.		5,528,000		985,077
	GDH Guangnan Holdings Ltd.		2,083,600		177,956
*	Goodbaby International Holdings Ltd.		1,919,000		241,067
*	Huafa Property Services Group Co. Ltd.		6,380,000		121,636
	Huasheng International Holding Ltd.		6,330,000		96,348
*	Meilleure Health International Industry Group Ltd.		324,000		14,957
*	Neo-Neon Holdings Ltd.		2,315,500		142,740

TOTAL CHINA					10,059,525

HONG KONG — (20.1%)
*	Aceso Life Science Group Ltd.		7,436,400		86,991
	Aeon Credit Service Asia Co. Ltd.		986,000		642,561
	Allied Group Ltd.		12,124,000		4,286,181
	Analogue Holdings Ltd.		694,000		156,778
	APAC Resources Ltd.		4,519,815		605,312
# *	Apollo Future Mobility Group Ltd.		8,436,000		377,642
*	Applied Development Holdings Ltd.		13,430,000		172,317
	Asia Financial Holdings Ltd.		2,114,908		908,857
	Asia Standard Hotel Group Ltd.		2,671,654		48,593

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HONG KONG — (Continued)
	Asia Standard International Group Ltd.		11,266,917	$	1,064,908
	Asiasec Properties Ltd.		1,415,000		82,032
	ASM Pacific Technology Ltd.		1,444,600		14,558,364
	Associated International Hotels Ltd.		952,000		1,533,441
	Automated Systems Holdings Ltd.		434,400		56,437
	Bank of East Asia Ltd. (The)		2,270,934		3,360,340
* ††	Bel Global Resources Holdings Ltd.		2,576,000		0
	Best Mart 360 Holdings Ltd.		984,000		159,691
	BOCOM International Holdings Co. Ltd.		2,371,000		323,240
††	Brightoil Petroleum Holdings Ltd.		9,034,000		323,852
	Build King Holdings Ltd.		630,000		66,951
	Cafe de Coral Holdings Ltd.		3,056,000		4,797,845
*	Cathay Pacific Airways Ltd.		2,001,000		1,999,253
*	Century City International Holdings Ltd.		7,111,460		332,962
	Chen Hsong Holdings		1,296,000		351,831
	Cheuk Nang Holdings Ltd.		771,714		240,828
	Chevalier International Holdings Ltd.		820,989		946,003
*	China Baoli Technologies Holdings Ltd.		114,750		4,231
*	China Best Group Holding Ltd.		1,124,998		110,397
*	China Energy Development Holdings Ltd.		49,560,000		925,333
	China Motor Bus Co. Ltd.		80,000		900,204
* ††	China Solar Energy Holdings Ltd.		1,669,500		7,181
# *	China Star Entertainment Ltd.		11,170,000		1,183,209
# *	China Strategic Holdings Ltd.		83,051,250		354,674
	China Tonghai International Financial Ltd.		1,300,000		24,622
	Chinese Estates Holdings Ltd.		2,943,500		855,281
	Chinney Investments Ltd.		1,180,000		224,749
	Chow Sang Sang Holdings International Ltd.		2,417,000		2,675,966
	Chuang’s China Investments Ltd.		8,811,407		405,978
	Chuang’s Consortium International Ltd.		7,519,043		822,745
	CITIC Telecom International Holdings Ltd.		13,126,125		4,710,466
#	CK Life Sciences Int’l Holdings, Inc.		18,634,000		1,391,373
#	CMBC Capital Holdings Ltd.		440,999		100,643
#	C-Mer Eye Care Holdings Ltd.		2,026,000		1,098,143
	CNT Group Ltd.		7,979,264		388,321
#	Convenience Retail Asia Ltd.		1,026,000		122,582
# *	Cowell e Holdings, Inc.		407,000		455,566
W	Crystal International Group Ltd.		304,000		118,587
	CSI Properties Ltd.		47,866,383		1,140,192
* ††	CW Group Holdings Ltd.		1,361,500		0
	Dah Sing Banking Group Ltd.		3,764,716		3,163,805
	Dah Sing Financial Holdings Ltd.		1,436,144		4,179,071
	Dickson Concepts International Ltd.		1,591,000		793,901
*	Digital Domain Holdings Ltd.		581,000		42,373
*	Dingyi Group Investment Ltd.		300,000		3,418
*	DTXS Silk Road Investment Holdings Co. Ltd.		72,000		15,021
	Dynamic Holdings Ltd.		198,000		245,381
	Eagle Nice International Holdings Ltd.		2,022,000		1,189,281
	EC Healthcare		1,453,097		1,460,446
	EcoGreen International Group Ltd.		1,994,640		482,964
*	Elegance Optical International Holdings Ltd.		1,160,000		117,117
*	Emperor Capital Group Ltd.		30,219,000		222,724
	Emperor Entertainment Hotel Ltd.		4,840,000		385,139
	Emperor International Holdings Ltd.		10,584,753		1,141,415
	Emperor Watch & Jewellery Ltd.		25,160,000		528,802
*	Energy International Investments Holdings Ltd.		1,960,000		13,658
*	ENM Holdings Ltd.		13,284,000		1,090,668
*	Esprit Holdings Ltd.		10,210,325		1,798,696
*	Eternity Investment Ltd.		820,000		16,332

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HONG KONG — (Continued)
	EuroEyes International Eye Clinic Ltd., Class C		331,000	$	276,633
#	Fairwood Holdings Ltd.		805,600		1,470,040
	Far East Consortium International Ltd.		12,107,375		3,773,104
	First Pacific Co. Ltd.		15,728,000		6,341,617
* W	FIT Hon Teng Ltd.		2,007,000		255,489
#* W	Fosun Tourism Group		178,200		237,593
	Four Seas Mercantile Holdings Ltd.		610,000		203,941
* W	Frontage Holdings Corp.		2,892,000		854,143
	FSE Lifestyle Services Ltd.		617,000		398,711
# *	GBA Holdings Ltd.		18,640,000		23,754
*	Genting Hong Kong Ltd.		5,824,000		230,822
	Get Nice Financial Group Ltd.		2,438,600		240,472
	Giordano International Ltd.		8,456,000		1,764,967
	Glorious Sun Enterprises Ltd.		3,932,000		393,250
*	Gold Peak Industries Holdings Ltd.		3,029,642		273,090
	Golden Resources Development International Ltd.		4,082,500		244,934
* ††	Good Resources Holdings Ltd.		6,860,000		13,900
*	GR Properties Ltd.		1,814,000		261,599
	Great Eagle Holdings Ltd.		1,119,446		2,611,989
*	Greentech Technology International Ltd.		11,720,000		285,699
*	G-Resources Group Ltd.		2,817,810		978,687
	Guoco Group Ltd.		2,000		20,931
	Guotai Junan International Holdings Ltd.		29,983,797		3,257,810
#	Haitong International Securities Group Ltd.		16,775,400		2,655,614
	Hang Lung Group Ltd.		2,819,000		5,504,073
	Hanison Construction Holdings Ltd.		2,713,649		415,630
*	Hans Energy Co. Ltd.		2,208,000		42,559
*	Harbour Centre Development Ltd.		935,500		803,490
	HKBN Ltd.		3,890,500		4,545,417
#	HKR International Ltd.		7,078,969		2,582,840
	Hon Kwok Land Investment Co. Ltd.		388,800		127,280
*	Hong Kong ChaoShang Group Ltd.		1,440,000		156,081
	Hong Kong Ferry Holdings Co. Ltd.		1,007,300		894,694
	Hong Kong Technology Venture Co. Ltd.		2,001,000		1,695,788
*	Hongkong & Shanghai Hotels Ltd. (The)		3,625,989		3,599,685
	Hongkong Chinese Ltd.		5,038,000		406,642
W	Honma Golf Ltd.		1,097,500		440,056
# ††	Hsin Chong Group Holdings Ltd.		10,243,403		85,634
	Hung Hing Printing Group Ltd.		2,940,000		474,948
# *	Huobi Technology Holdings Ltd.		340,000		235,172
	Hutchison Telecommunications Hong Kong Holdings Ltd.		12,112,000		2,019,938
*	Hypebeast Ltd.		2,705,000		341,189
	Hysan Development Co. Ltd.		2,474,000		7,279,085
	IGG, Inc.		8,082,000		3,328,796
*	Imagi International Holdings Ltd.		2,516,984		157,340
W	Impro Precision Industries Ltd.		386,000		99,949
	International Housewares Retail Co. Ltd.		2,101,000		704,072
*	IPE Group Ltd.		3,345,000		318,133
*	IRC Ltd.		35,846,266		958,740
	ITC Properties Group Ltd.		5,597,292		739,390
	Jacobson Pharma Corp. Ltd.		3,580,000		294,791
	Johnson Electric Holdings Ltd.		2,691,054		3,055,753
	K Wah International Holdings Ltd.		1,588,000		595,117
*	Kader Holdings Co. Ltd.		248,000		13,780
	Karrie International Holdings Ltd.		2,932,000		556,699
*	Keck Seng Investments Hong Kong Ltd.		912,600		300,489
	Kerry Logistics Network Ltd.		4,063,500		9,344,595
	Kerry Properties Ltd.		2,316,500		6,264,125
	Kingmaker Footwear Holdings Ltd.		1,878,955		259,756

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HONG KONG — (Continued)
#	Kowloon Development Co. Ltd.		3,057,000	$	3,979,327
*	KuangChi Science Ltd.		3,714,000		60,962
*	Kwoon Chung Bus Holdings Ltd.		44,000		11,156
*	Lai Sun Development Co. Ltd.		2,556,894		1,197,913
*	Lai Sun Garment International Ltd.		998,295		447,639
	Lam Soon Hong Kong Ltd.		326,310		515,903
*	Landing International Development Ltd.		6,932,800		198,349
	Landsea Green Properties Co. Ltd.		3,016,000		76,714
*	Langham Hospitality Investments & Langham Hospitality Investments Ltd.		4,040,750		486,760
*	Lifestyle International Holdings Ltd.		3,051,000		1,466,961
	Lippo China Resources Ltd.		17,982,000		281,976
	Lippo Ltd.		1,161,700		416,491
	Liu Chong Hing Investment Ltd.		1,531,200		1,463,763
	L’Occitane International SA		2,162,750		6,779,277
	Luk Fook Holdings International Ltd.		3,577,000		8,187,430
	Lung Kee Bermuda Holdings		1,491,875		702,523
*	Magnificent Hotel Investment Ltd.		13,170,000		181,540
	Man Wah Holdings Ltd.		839,600		785,804
*	Mason Group Holdings Ltd.		111,713,399		252,754
	Matrix Holdings Ltd.		1,067,414		361,375
#	MECOM Power & Construction Ltd.		5,288,000		2,263,724
	Melbourne Enterprises Ltd.		39,500		722,114
*	Melco International Development Ltd.		2,869,000		2,265,248
*	Midland Holdings Ltd.		2,901,987		304,896
#	Miramar Hotel & Investment		1,144,000		1,826,145
	Modern Dental Group Ltd.		2,354,000		858,544
*	Mongolian Mining Corp.		561,000		239,354
	NagaCorp Ltd.		4,604,000		4,114,767
	Nameson Holdings Ltd.		7,692,000		411,385
	Nanyang Holdings Ltd.		133,500		651,962
	National Electronics Hldgs		2,668,600		347,539
* ††	National United Resources Holdings Ltd.		1,828,000		33,546
*	NewOcean Energy Holdings Ltd.		7,246,000		36,013
#	Nissin Foods Co. Ltd.		1,451,000		953,953
#	NWS Holdings Ltd.		6,731,000		6,093,442
	Oriental Watch Holdings		2,901,611		1,596,326
*	Oshidori International Holdings Ltd.		20,024,400		1,270,387
††	Pacific Andes International Holdings Ltd.		19,435,067		67,863
	Pacific Basin Shipping Ltd.		32,170,000		14,759,938
*	Pacific Century Premium Developments Ltd.		457,240		27,422
	Pacific Textiles Holdings Ltd.		7,573,000		3,334,264
*	Paliburg Holdings Ltd.		3,180,830		831,996
*	Paradise Entertainment Ltd.		3,672,000		375,872
#	PC Partner Group Ltd.		1,792,000		2,185,537
	PCCW Ltd.		15,297,545		8,667,017
# * ††	Peace Mark Holdings Ltd.		2,479,870		0
*	Pegasus International Holdings Ltd.		36,000		3,365
	Pentamaster International Ltd.		1,550,000		188,137
#	Perfect Medical Health Management Ltd.		3,063,000		1,776,132
	Pico Far East Holdings Ltd.		5,142,000		762,023
	Playmates Holdings Ltd.		7,082,000		618,712
	Plover Bay Technologies Ltd.		2,224,000		917,033
	Pokfulam Development Co. Ltd.		62,000		88,605
*	PT International Development Co. Ltd.		8,347,150		229,516
	Public Financial Holdings Ltd.		2,848,000		877,086
* ††	Pyxis Group Ltd.		1,936,000		0
* W	Razer, Inc.		13,925,000		4,751,907
*	Regal Hotels International Holdings Ltd.		2,897,800		1,158,329
W	Regina Miracle International Holdings Ltd.		1,983,000		1,189,050

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HONG KONG — (Continued)
*	Renco Holdings Group Ltd.		35,000	$	574
# *	Sa Sa International Holdings Ltd.		5,060,960		904,605
	Safety Godown Co. Ltd.		1,200,000		461,171
	SAS Dragon Holdings Ltd.		2,178,000		1,247,304
	SEA Holdings Ltd.		1,657,523		1,329,371
*	Shangri-La Asia Ltd.		3,670,000		2,778,710
#	Shenwan Hongyuan HK Ltd.		3,511,250		327,718
*	Shun Ho Property Investments Ltd.		1,254,757		199,970
*	Shun Tak Holdings Ltd.		11,609,419		2,351,825
	Sing Tao News Corp. Ltd.		1,974,000		89,669
	Singamas Container Holdings Ltd.		8,682,000		1,201,166
*	SJM Holdings Ltd.		8,376,000		3,518,448
	SmarTone Telecommunications Holdings Ltd.		2,003,481		1,046,227
#	Solomon Systech International Ltd.		11,440,000		784,377
	Soundwill Holdings Ltd.		600,500		521,673
*	South China Holdings Co. Ltd.		17,774,503		178,447
*	Space Group Holdings Ltd.		142,500		82,314
	Stella International Holdings Ltd.		2,697,500		2,852,613
	Sun Hung Kai & Co. Ltd.		5,023,429		2,381,831
	SUNeVision Holdings Ltd.		2,552,000		2,120,124
	TAI Cheung Holdings Ltd.		2,329,000		1,425,229
	Tai Hing Group Holdings Ltd.		221,000		34,303
	Tai Sang Land Development Ltd.		798,910		426,303
#	Tan Chong International Ltd.		1,176,000		300,499
	Tao Heung Holdings Ltd.		1,396,000		155,466
*	Television Broadcasts Ltd.		1,972,400		1,215,934
*	Termbray Industries International Holdings Ltd.		1,244,900		33,151
	Texhong Textile Group Ltd.		176,000		211,653
	Texwinca Holdings Ltd.		4,008,000		688,891
	Tian Teck Land Ltd.		1,024,000		528,229
*	TOM Group Ltd.		416,000		39,571
*	Town Health International Medical Group Ltd.		4,222,115		246,355
	Tradelink Electronic Commerce Ltd.		6,126,000		912,690
	Transport International Holdings Ltd.		1,576,602		2,579,116
*	Trendzon Holdings Group Ltd.		3,724,000		118,065
	United Laboratories International Holdings Ltd.		6,644,000		3,256,049
*	Universal Technologies Holdings Ltd.		1,730,000		25,134
# ††	Untrade Convoy		32,922,000		131,319
# *	Untrade Gold Fin Holdings		9,580,000		0
	Untrade Master Glory GP		972,981		6,051
# ††	Untrade Mh Development NPV		3,238,000		89,750
††	Untrade.Burwill		37,300,960		63,222
††	Up Energy Development Group Ltd.		3,929,000		12,117
*	Value Convergence Holdings Ltd.		2,448,000		75,183
	Value Partners Group Ltd.		5,786,000		2,189,686
	Vanke Overseas Investment Holding Co. Ltd.		16,000		4,841
	Vedan International Holdings Ltd.		3,576,000		290,736
	Vitasoy International Holdings Ltd.		2,975,000		5,393,898
# *	Vobile Group Ltd.		3,623,000		1,786,799
# W	VPower Group International Holdings Ltd.		4,319,397		496,344
	VSTECS Holdings Ltd.		6,261,600		5,390,924
	VTech Holdings Ltd.		1,345,100		9,515,101
	Wai Kee Holdings Ltd.		6,158,738		2,699,948
	Wang On Group Ltd.		41,740,000		337,356
*	Wealthking Investments Ltd.		7,296,000		515,912
	Wing On Co. International Ltd.		759,000		1,723,882
#	Wing Tai Properties Ltd.		2,187,331		1,162,226
*	YT Realty Group Ltd.		1,968,124		366,428
	YTO Express Holdings Ltd.		728,000		207,324

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
HONG KONG — (Continued)
*	Yue Yuen Industrial Holdings Ltd.		2,644,500	$	3,889,756
# *	Yunfeng Financial Group Ltd.		612,000		107,472
#	Zensun Enterprises Ltd.		929,000		434,995
*	Zhaobangji Properties Holdings Ltd.		1,440,000		74,534

TOTAL HONG KONG					326,298,725
				��
NEW ZEALAND — (4.4%)
# *	AFT Pharmaceuticals Ltd.		34,226		79,545
# *	Air New Zealand Ltd.		1,670,061		947,816
	Arvida Group Ltd.		1,087,209		1,148,081
	Briscoe Group Ltd.		34,115		131,981
*	Channel Infrastructure NZ Ltd.		878,074		612,272
	Chorus Ltd.		2,555,962		12,126,093
	Colonial Motor Co. Ltd.		144,588		1,002,123
	Comvita Ltd.		50,282		107,261
	Delegat Group Ltd.		6,400		51,871
# *	Eroad Ltd.		24,092		48,595
#	Freightways Ltd.		932,828		7,373,331
	Genesis Energy Ltd.		155,411		287,007
*	Gentrack Group Ltd.		71,302		76,925
	Hallenstein Glasson Holdings Ltd.		307,057		1,191,092
	Heartland Group Holdings Ltd.		2,175,266		3,211,302
#	Investore Property Ltd.		608,266		652,868
#	KMD Brands Ltd.		2,509,713		2,224,079
*	Millennium & Copthorne Hotels New Zealand Ltd.		354,679		564,902
#	Napier Port Holdings Ltd.		46,155		86,280
*	NEW Zealand King Salmon Investments Ltd.		62,336		12,126
#	NZME Ltd.		945,851		875,717
#	NZX Ltd.		1,568,757		1,283,516
	Oceania Healthcare Ltd.		1,288,639		855,198
# *	Pacific Edge Ltd.		1,418,192		819,545
	PGG Wrightson Ltd.		120,785		313,649
*	Pushpay Holdings Ltd.		2,728,665		2,301,406
*	Rakon Ltd.		182,922		197,566
	Restaurant Brands New Zealand Ltd.		161,636		1,342,040
* ††	RPNZ Ltd.		274,180		0
# *	Sanford Ltd.		362,156		1,053,969
#	Scales Corp. Ltd.		436,710		1,362,498
#	Scott Technology Ltd.		51,657		100,311
*	Serko Ltd.		121,000		397,121
	Skellerup Holdings Ltd.		745,484		2,747,374
*	SKY Network Television Ltd.		364,275		628,410
	SKYCITY Entertainment Group Ltd.		4,337,866		8,103,778
	Steel & Tube Holdings Ltd.		575,667		570,444
	Summerset Group Holdings Ltd.		882,718		6,648,601
*	Synlait Milk Ltd.		456,664		1,041,087
*	Tourism Holdings Ltd.		683,001		1,320,901
	TOWER Ltd.		1,895,126		855,024
	Trustpower Ltd.		237,979		1,035,225
#	Turners Automotive Group Ltd.		109,772		285,465
# *	Vista Group International Ltd.		516,999		620,833
	Warehouse Group Ltd.		381,575		851,351
	Z Energy Ltd.		1,685,119		4,112,310

TOTAL NEW ZEALAND					71,658,889

SINGAPORE — (9.4%)
* ††	Abterra Ltd.		230,320		1,216
	AEM Holdings Ltd.		855,100		2,928,345

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SINGAPORE — (Continued)
*	Amara Holdings Ltd.		974,800	$	257,668
	Ascendas India Trust		5,025,900		4,540,932
#	Avarga Ltd.		2,626,500		458,634
# *	Banyan Tree Holdings Ltd.		810,900		168,660
# *	Best World International Ltd.		1,202,370		1,182,417
#	Bonvests Holdings Ltd.		950,000		638,719
	Boustead Singapore Ltd.		2,069,082		1,426,301
#	Bukit Sembawang Estates Ltd.		1,182,703		4,297,512
	Bund Center Investment Ltd.		659,825		253,767
# *	Centurion Corp. Ltd.		1,405,100		375,835
	China Aviation Oil Singapore Corp. Ltd.		2,355,399		1,514,324
	China Sunsine Chemical Holdings Ltd.		3,341,800		1,120,711
#	Chip Eng Seng Corp. Ltd.		3,446,800		1,140,964
	Chuan Hup Holdings Ltd.		3,341,700		558,222
	Civmec Ltd.		162,700		76,111
#	ComfortDelGro Corp. Ltd.		7,004,400		7,399,046
*	COSCO Shipping International Singapore Co. Ltd.		6,633,900		1,173,259
# *	Creative Technology Ltd.		285,050		480,139
#	CSE Global Ltd.		2,232,300		771,513
	Dasin Retail Trust		296,700		63,161
#	Del Monte Pacific Ltd.		2,230,164		610,210
	Delfi Ltd.		979,700		540,783
* ††	DMX Technologies Group Ltd.		2,096,000		0
# * ††	Ezion Holdings Ltd.		9,845,878		57,668
# * ††	Ezra Holdings Ltd.		8,161,986		12,158
	Far East Orchard Ltd.		1,158,903		935,305
#	First Resources Ltd.		4,228,700		6,449,579
#	First Sponsor Group Ltd.		484,728		461,535
#	Food Empire Holdings Ltd.		1,334,200		514,306
	Fraser & Neave Ltd.		309,900		308,277
#	Frencken Group Ltd.		1,554,400		1,576,826
	Fu Yu Corp. Ltd.		3,615,000		719,304
*	Gallant Venture Ltd.		5,386,600		497,217
	Geo Energy Resources Ltd.		3,123,600		1,093,534
#	GK Goh Holdings Ltd.		1,315,065		894,579
	Golden Agri-Resources Ltd.		30,770,000		7,188,982
# *	Golden Energy & Resources Ltd.		763,800		370,485
	GP Industries Ltd.		272,809		122,545
#	GuocoLand Ltd.		1,718,714		2,026,917
# *	Halcyon Agri Corp. Ltd.		1,635,533		282,955
#	Hanwell Holdings Ltd.		1,339,819		387,179
	Haw Par Corp. Ltd.		385,000		3,240,398
#	Hiap Hoe Ltd.		498,000		270,246
#	Ho Bee Land Ltd.		1,505,100		3,288,821
#	Hong Fok Corp. Ltd.		3,144,194		2,030,782
* ††	Hong Fok Land Ltd.		1,210,000		0
#	Hong Leong Asia Ltd.		1,675,100		943,213
#	Hong Leong Finance Ltd.		1,002,000		1,862,769
#	Hotel Grand Central Ltd.		1,611,854		1,172,576
#	Hour Glass Ltd.		1,618,732		2,882,153
	HRnetgroup Ltd.		130,100		74,953
	Hutchison Port Holdings Trust		24,983,000		5,954,848
	Hwa Hong Corp. Ltd.		1,957,700		436,032
# * ††	Hyflux Ltd.		3,707,700		114,707
#	iFAST Corp. Ltd.		754,900		2,710,774
# *	Indofood Agri Resources Ltd.		2,701,700		707,496
	InnoTek Ltd.		336,600		141,456
#	ISDN Holdings Ltd.		378,544		156,089
#	Japfa Ltd.		2,101,410		912,346

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SINGAPORE — (Continued)
# * ††	Jurong Technologies Industrial Corp. Ltd.		2,227,680	$	0
* ††	K1 Ventures Ltd.		1,004,840		0
	Keppel Infrastructure Trust		18,059,446		7,210,981
#	KSH Holdings Ltd.		1,278,300		327,507
#	Low Keng Huat Singapore Ltd.		949,800		322,466
*	Mandarin Oriental International Ltd.		1,452,700		2,982,724
#	Metro Holdings Ltd.		2,946,592		1,640,476
	Mewah International, Inc.		89,000		26,927
	Micro-Mechanics Holdings Ltd.		109,200		249,503
# * ††	Midas Holdings Ltd.		8,576,553		223,259
# *	mm2 Asia Ltd.		5,969,400		277,537
	Nanofilm Technologies International Ltd.		115,200		222,341
#	NSL Ltd.		409,900		271,109
# *	Oceanus Group Ltd.		8,888,300		121,857
	OUE Ltd.		2,107,300		2,069,172
#	Oxley Holdings Ltd.		7,186,441		944,758
	Pacific Century Regional Developments Ltd.		179,000		57,413
	Pan-United Corp. Ltd.		1,825,450		548,056
	Propnex Ltd.		326,000		424,334
#	Q&M Dental Group Singapore Ltd.		1,136,160		417,761
	QAF Ltd.		1,464,280		930,371
# *	Raffles Education Corp. Ltd.		2,803,923		134,800
#	Raffles Medical Group Ltd.		6,503,632		5,616,096
#	SBS Transit Ltd.		796,600		1,684,888
	Sembcorp Industries Ltd.		708,500		1,500,465
*	Sembcorp Marine Ltd.		1,060,100		83,122
	Sheng Siong Group Ltd.		3,933,300		4,343,100
*	SHS Holdings Ltd.		2,175,300		240,975
*	SIA Engineering Co. Ltd.		1,634,600		3,139,255
#	SIIC Environment Holdings Ltd.		5,686,720		904,813
#	Sinarmas Land Ltd.		7,118,701		1,126,052
#	Sing Holdings Ltd.		1,470,400		403,055
	Sing Investments & Finance Ltd.		350,675		378,843
	Singapore Land Group Ltd.		101,169		188,018
	Singapore Post Ltd.		10,499,000		5,391,504
	Singapore Shipping Corp. Ltd.		1,573,200		336,783
	SPH REIT		5,817,533		4,101,446
#	Stamford Land Corp. Ltd.		5,698,660		1,640,985
	StarHub Ltd.		4,941,700		4,482,288
	Straco Corp. Ltd.		130,000		41,214
	Straits Trading Co. Ltd.		286,100		684,720
# * ††	Swiber Holdings Ltd.		2,895,250		42,708
	Thomson Medical Group Ltd.		317,800		18,491
	Tiong Woon Corp. Holding Ltd.		26,600		10,334
#	Tuan Sing Holdings Ltd.		4,131,275		1,208,933
	UMS Holdings Ltd.		2,627,768		2,237,495
	United Overseas Insurance Ltd.		168,150		837,088
	UOB-Kay Hian Holdings Ltd.		2,413,362		2,842,923
#	Valuetronics Holdings Ltd.		2,647,550		1,010,288
#	Vicom Ltd.		557,500		840,550
#	Wee Hur Holdings Ltd.		2,614,200		394,095
#	Wing Tai Holdings Ltd.		3,836,067		4,814,668
#	Yeo Hiap Seng Ltd.		228,759		145,720

TOTAL SINGAPORE					152,871,726

UNITED STATES — (0.0%)
	Clean Seas Seafood Ltd.		16,006		6,842

TOTAL COMMON STOCKS					1,604,865,476

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
PREFERRED STOCKS — (0.0%)
AUSTRALIA — (0.0%)
	Bowen Coking Coal Ltd.		52,269	$	12,372
	Catapult Group International Ltd.		51,120		43,343
	Genex Power Ltd.		199,465		21,844

TOTAL AUSTRALIA					77,559

RIGHTS/WARRANTS — (0.0%)
AUSTRALIA — (0.0%)
*	Decmil Group Ltd. Warrants 09/15/22		5,307		0
*	KGL Resources Ltd. Rights 05/05/2022		51,700		0

NEW ZEALAND — (0.0%)
*	NEW Zealand King Salmon Investments Ltd. Rights 05/05/2022		177,657		17,204

SINGAPORE — (0.0%)
# *	Ezion Holdings Ltd. Warrants 04/16/23		5,659,201		0

TOTAL RIGHTS/WARRANTS					17,204

TOTAL INVESTMENT SECURITIES (Cost $1,635,618,883)					1,604,960,239


				Value†
SECURITIES LENDING COLLATERAL — (1.4%)
@ §	The DFA Short Term Investment Fund		2,024,502		23,417,415

TOTAL INVESTMENTS — (100.0%) (Cost $1,659,035,173)				$	1,628,377,654

ADR	American Depositary Receipt

REIT	Real Estate Investment Trust

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.

††	Security valued using significant unobservable inputs (Level 3).

W	Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

†	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 April 30, 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	$	281,761	$	1,043,683,416	$	4,592	$	1,043,969,769
China		—		10,059,525		—		10,059,525
Hong Kong		—		325,470,341		828,384		326,298,725
New Zealand		—		71,658,889		—		71,658,889
Singapore		—		152,420,010		451,716		152,871,726
United States		—		6,842		—		6,842

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Preferred Stocks
Australia		—	$	77,559		—	$	77,559
Rights/Warrants
New Zealand		—		17,204		—		17,204
Securities Lending Collateral		—		23,417,415		—		23,417,415

TOTAL	$	281,761	$	1,626,811,201	$	1,284,692^	$	1,628,377,654

^	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

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (98.9%)
COMMUNICATION SERVICES — (3.0%)
	4imprint Group PLC		159,861	$	5,432,279
W	Airtel Africa PLC		830,930		1,520,381
*	Ascential PLC		1,428,552		5,663,848
	Bloomsbury Publishing PLC		295,950		1,485,047
	Centaur Media PLC		254,249		150,295
	Euromoney Institutional Investor PLC		711,566		8,774,265
# *	Frontier Developments PLC		52,449		844,817
	Future PLC		7,721		211,474
	Gamma Communications PLC		164,057		2,445,287
*	Helios Towers PLC		1,538,719		2,172,052
# *	Hyve Group PLC		1,560,375		1,476,517
	Moneysupermarket.com Group PLC		3,118,609		6,831,811
	Next Fifteen Communications Group PLC		88,346		1,456,174
	Reach PLC		2,352,583		4,794,227
	STV Group PLC		4,918		20,060
*	Tremor International Ltd.		138,261		829,521
*	Tremor International Ltd., ADR		2,906		33,855

TOTAL COMMUNICATION SERVICES					44,141,910

CONSUMER DISCRETIONARY — (16.4%)
	888 Holdings PLC		2,213,314		5,285,010
# *	AO World PLC		272,456		255,567
*	ASOS PLC		20,712		360,647
# * W	Aston Martin Lagonda Global Holdings PLC		135,310		1,417,646
	Bellway PLC		230,923		7,013,656
# *	Boohoo Group PLC		704,428		713,145
*	Card Factory PLC		969,257		708,181
*	Cazoo Group Ltd.		576,667		974,567
	Coats Group PLC		3,506,115		3,099,605
* W	Countryside Partnerships PLC		2,712,258		8,468,465
	Crest Nicholson Holdings PLC		1,700,179		5,349,567
	Currys PLC		5,372,637		6,229,235
#	DFS Furniture PLC		1,228,712		2,562,898
# *	Dignity PLC		211,780		1,379,279
	Domino’s Pizza Group PLC		3,143,313		13,718,241
	Dunelm Group PLC		693,679		8,494,387
*	Frasers Group PLC		1,494,358		12,692,127
	Fuller Smith & Turner PLC, Class A		146,090		1,099,735
	Games Workshop Group PLC		164,324		15,186,474
	Greggs PLC		607,084		17,712,235
* W	Gym Group PLC		964,324		2,308,978
	Halfords Group PLC		1,273,792		3,624,645
	Headlam Group PLC		502,271		2,292,618
	Henry Boot PLC		538,578		2,189,934
*	Hollywood Bowl Group PLC		283,898		911,779
* W	Hostelworld Group PLC		163,985		173,345
	Inchcape PLC		2,415,336		21,611,614
*	J D Wetherspoon PLC		525,236		4,772,665
* W	Joules Group PLC		3,586		2,447
*	Lookers PLC		1,432,424		1,494,875
*	Marston’s PLC		5,091,899		4,785,512
*	Mitchells & Butlers PLC		2,080,417		5,926,347
	MJ Gleeson PLC		240,572		1,805,718

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
CONSUMER DISCRETIONARY — (Continued)
*	Motorpoint group PLC		51,520	$	156,057
# *	N Brown Group PLC		948,958		346,322
* W	On the Beach Group PLC		826,273		2,370,036
*	Pendragon PLC		3,945,379		1,090,414
	Pets at Home Group PLC		3,055,257		11,859,296
	Photo-Me International PLC		1,529,544		1,372,149
*	Playtech PLC		1,947,421		12,730,072
*	PPHE Hotel Group Ltd.		14,433		284,217
*	Rank Group PLC		1,027,396		1,380,107
	Redrow PLC		1,595,285		10,457,568
*	Restaurant Group PLC		1,215,418		930,339
	Smiths News PLC		23,379		10,081
*	Sportech PLC		170,201		76,810
* W	SSP Group PLC		2,332,128		6,883,565
#	Studio Retail Group PLC		220,669		319,103
*	Superdry PLC		358,232		682,209
*	Ted Baker PLC		315,415		582,009
W	TI Fluid Systems PLC		282,490		574,076
	Topps Tiles PLC		786,772		550,987
	Vertu Motors PLC		1,177,852		764,244
	Vistry Group PLC		1,061,012		11,069,620
	Vitec Group PLC		212,668		3,304,753
W	Vivo Energy PLC		564,005		1,019,734
* W	Watches of Switzerland Group PLC		229,281		2,898,923
*	WH Smith PLC		129,626		2,332,136
	Wickes Group PLC		2,000,310		4,768,659
	Young & Co’s Brewery PLC, Class A		2,737		47,540

TOTAL CONSUMER DISCRETIONARY					243,482,170

CONSUMER STAPLES — (7.8%)
	AG Barr PLC		726,615		5,285,604
	Anglo-Eastern Plantations PLC		122,466		1,344,617
W	Bakkavor Group PLC		110,157		146,094
	Britvic PLC		1,634,172		17,511,912
*	C&C Group PLC		1,701,389		4,441,439
	Carr’s Group PLC		349,511		641,405
	Cranswick PLC		365,843		14,547,499
	Devro PLC		1,338,335		3,519,490
	Fevertree Drinks PLC		622,976		14,125,820
*	Greencore Group PLC		4,061,744		5,835,415
	Hilton Food Group PLC		323,199		4,903,810
*	Marks & Spencer Group PLC		5,720,589		9,765,730
*	McBride PLC		895,746		412,142
# *	Naked Wines PLC		26,543		120,127
	Nichols PLC		2,884		49,069
	Premier Foods PLC		4,625,814		6,450,865
	PZ Cussons PLC		1,709,954		4,387,602
	Tate & Lyle PLC		2,254,655		21,914,350

TOTAL CONSUMER STAPLES					115,402,990

ENERGY — (3.6%)
# *	Capricorn Energy PLC		4,040,365		10,391,979
	Diversified Energy Co. PLC		2,725,600		4,117,988
*	Energean PLC		285,194		4,192,440
*	EnQuest PLC		12,456,788		5,042,097
	Genel Energy PLC		826,854		1,902,666
	Gulf Keystone Petroleum Ltd.		1,529,511		4,646,703
	Hunting PLC		828,220		3,019,135

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
ENERGY — (Continued)
*	John Wood Group PLC		3,735,064	$	10,385,394
*	Lamprell PLC		1,293,820		436,283
*	Pantheon Resources PLC		48,702		75,223
*	Petrofac Ltd.		2,212,258		3,729,279
*	Pharos Energy PLC		1,027,575		347,256
*	Savannah Energy PLC		172,003		76,438
	Serica Energy PLC		581,564		2,554,976
*	Tullow Oil PLC		4,967,202		3,458,765

TOTAL ENERGY					54,376,622

FINANCIALS — (18.0%)
	AJ Bell PLC		578,264		1,791,911
# * W	Allied Minds PLC		211,640		45,214
	Ashmore Group PLC		2,404,758		6,647,838
	Bank of Georgia Group PLC		278,808		4,295,697
	Beazley PLC		3,358,915		18,093,125
	Brewin Dolphin Holdings PLC		2,167,134		13,879,789
	Brooks Macdonald Group PLC		628		19,039
	Burford Capital Ltd.		872,634		7,461,590
	Chesnara PLC		863,650		3,101,645
	Close Brothers Group PLC		900,632		12,488,085
# W	CMC Markets PLC		826,881		2,998,113
* W	Funding Circle Holdings PLC		104,248		94,955
* W	Georgia Capital PLC		17,840		135,261
	Hiscox Ltd.		1,601,914		19,021,568
	IG Group Holdings PLC		1,561,319		15,956,794
	Impax Asset Management Group PLC		179,989		1,946,531
	IntegraFin Holdings PLC		452,878		2,042,257
	International Personal Finance PLC		828,317		986,829
	Investec PLC		1,348,593		7,943,061
	IP Group PLC		6,380,491		6,579,289
W	JTC PLC		129,809		1,260,462
	Jupiter Fund Management PLC		2,900,031		6,472,977
	Just Group PLC		7,094,921		7,495,042
	Lancashire Holdings Ltd.		1,430,416		7,581,048
	Liontrust Asset Management PLC		86,946		1,261,899
	Man Group PLC		8,949,619		26,083,909
# *	Metro Bank PLC		150,025		166,560
	Mortgage Advice Bureau Holdings Ltd.		2,530		37,881
	Ninety One PLC		917,824		3,058,160
	Numis Corp. PLC		300,713		942,206
	OSB Group PLC		1,651,759		11,530,003
	Paragon Banking Group PLC		1,934,045		11,960,621
	Plus500 Ltd.		496,052		9,659,578
	Polar Capital Holdings PLC		218,605		1,523,654
	Provident Financial PLC		1,617,106		5,175,870
W	Quilter PLC		9,454,164		15,573,692
	Rathbones Group PLC		356,393		9,407,425
	Record PLC		18,948		16,877
	River & Mercantile Group PLC		10,512		34,933
	S&U PLC		28,532		849,315
W	Sabre Insurance Group PLC		270,068		707,555
*	Saga PLC		622,718		1,730,549
	TBC Bank Group PLC		61,591		971,207
	TP ICAP Group PLC		3,524,223		5,829,105
	Virgin Money UK PLC		5,891,742		12,782,685
* †† ^	Waterloo Investment Holdings Ltd.		4,000		0

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
FINANCIALS — (Continued)
^	Waterloo Investment Holdings, Ltd.		0	$	0

TOTAL FINANCIALS					267,641,804

HEALTH CARE — (3.7%)
*	4d pharma PLC		42,478		20,841
	Advanced Medical Solutions Group PLC		454,469		1,584,311
	Alliance Pharma PLC		1,995,064		2,865,696
	CareTech Holdings PLC		308,517		2,846,806
*	Circassia Group PLC		202,629		89,815
	CVS Group PLC		413,530		9,335,350
	EKF Diagnostics Holdings PLC		79,384		34,807
	EMIS Group PLC		328,823		5,480,948
*	Ergomed PLC		9,775		144,226
	Genus PLC		3,226		101,357
*	Indivior PLC		3,707,178		14,519,206
W	Integrated Diagnostics Holdings PLC		1,249,693		1,372,650
*	Mediclinic International PLC		2,400,508		11,128,606
*	Oxford Biomedica PLC		58,695		422,939
*	PureTech Health PLC		207,779		440,004
* W	Spire Healthcare Group PLC		1,728,104		4,664,862

TOTAL HEALTH CARE					55,052,424

INDUSTRIALS — (24.8%)
	Avon Protection PLC		172,611		2,292,033
*	Babcock International Group PLC		2,841,630		10,849,216
	Balfour Beatty PLC		3,597,022		10,897,937
	Begbies Traynor Group PLC		44,955		66,193
W	Biffa PLC		1,459,748		6,331,278
	Bodycote PLC		1,201,080		9,315,405
	Braemar Shipping Services PLC		91,109		303,728
	Chemring Group PLC		1,878,170		8,201,894
	Clarkson PLC		212,943		9,804,408
	Clipper Logistics PLC		224,285		2,426,637
*	Costain Group PLC		237,261		117,449
*	De La Rue PLC		498,978		690,231
# *	Dialight PLC		89,929		405,162
	Diploma PLC		528,961		18,142,721
	DiscoverIE Group PLC		602,449		5,714,703
# *	Esken Ltd.		1,707,178		218,284
*	Firstgroup PLC		2,239,506		3,143,796
	Galliford Try Holdings PLC		554,808		1,190,139
	Genuit Group PLC		1,449,475		8,182,480
*	Go-Ahead Group PLC		272,759		3,236,132
	Goodwin PLC		383		16,188
	Grafton Group PLC		1,508,314		18,267,582
	Hays PLC		9,077,084		13,941,004
	HomeServe PLC		304,040		3,736,568
	IMI PLC		273,520		4,604,634
* †† ^	Industrial & Commercial Bank of China Ltd.		5,000		0
*	James Fisher & Sons PLC		243,061		1,198,529
	James Halstead PLC		19,038		59,217
*	JET2 PLC		714,783		10,976,912
*	John Menzies PLC		177,075		1,316,874
*	Johnson Service Group PLC		360,487		495,711
	Keller Group PLC		426,199		4,491,285
*	Kier Group PLC		1,572,493		1,557,078
W	Luceco PLC		278,939		667,537
	Mears Group PLC		696,620		1,725,810

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
*	Meggitt PLC		2,411,365	$	23,377,981
	Mitie Group PLC		7,137,464		4,811,672
	Morgan Advanced Materials PLC		1,885,867		6,613,658
	Morgan Sindall Group PLC		253,782		6,842,554
*	National Express Group PLC		3,049,656		9,452,933
	Norcros PLC		134,719		404,089
	Pagegroup PLC		1,975,881		12,090,172
	Porvair PLC		18,060		134,349
	QinetiQ Group PLC		3,269,929		13,873,054
	Redde Northgate PLC		1,400,910		6,930,140
	Renew Holdings PLC		58,982		513,982
*	Renewi PLC		568,482		4,917,469
	Ricardo PLC		297,351		1,354,648
	Robert Walters PLC		396,868		3,087,608
	Rotork PLC		4,874,552		17,784,931
	RPS Group PLC		982,233		1,257,634
*	Senior PLC		2,330,880		3,750,558
	Serco Group PLC		2,333,435		4,412,717
	Severfield PLC		1,090,941		919,334
*	SIG PLC		4,192,576		2,167,507
	Smart Metering Systems PLC		470,083		4,862,234
	Speedy Hire PLC		3,255,038		2,112,263
*	Stagecoach Group PLC		1,750,851		2,306,345
	SThree PLC		872,133		4,020,450
	TClarke PLC		64,836		120,047
	Travis Perkins PLC		1,164,039		17,754,417
	Trifast PLC		524,611		705,834
	Tyman PLC		968,246		3,325,726
	Ultra Electronics Holdings PLC		566,936		23,090,245
	Vesuvius PLC		1,439,192		5,851,094
	Volex PLC		449,901		1,457,573
	Volution Group PLC		686,608		3,497,320
	Vp PLC		153,784		1,868,672
	Wilmington PLC		334,384		1,077,546
	Wincanton PLC		653,669		3,343,082
	XP Power Ltd.		104,364		4,178,065

TOTAL INDUSTRIALS					368,852,658

INFORMATION TECHNOLOGY — (7.6%)
	Bytes Technology Group PLC		371,072		2,062,790
*	Capita PLC		10,654,008		3,179,443
*	CentralNic Group PLC		22,135		37,329
	Computacenter PLC		502,122		16,871,130
	dotdigital group PLC		423,932		462,389
# *	FD Technologies PLC		31,137		922,629
	FDM Group Holdings PLC		449,854		5,677,218
	GB Group PLC		167,768		1,215,818
	Gooch & Housego PLC		1,817		19,183
	IDOX PLC		140,149		112,292
	iomart Group PLC		236,264		533,699
*	IQE PLC		1,551,133		583,215
	Kainos Group PLC		476,672		7,222,047
	Keywords Studios PLC		89,582		2,687,292
*	Kin & Carta PLC		397,938		1,156,560
	Learning Technologies Group PLC		899,494		1,477,816
	Micro Focus International PLC		1,416,950		6,691,115
	NCC Group PLC		1,752,498		3,977,778
* W	Network International Holdings PLC		59,903		195,699
	Oxford Instruments PLC		385,212		11,168,500

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INFORMATION TECHNOLOGY — (Continued)
	PayPoint PLC		455,934	$	3,331,221
	Renishaw PLC		50,673		2,677,923
	RM PLC		358,749		614,031
	Softcat PLC		629,767		11,122,498
	Spectris PLC		351,072		12,840,073
	Spirent Communications PLC		4,065,908		11,756,096
	Strix Group PLC		106,170		281,210
* †† ^	Trellus Health Ltd.		1,632		0
	TT Electronics PLC		1,084,117		2,463,861
*	Xaar PLC		524,926		1,638,516

TOTAL INFORMATION TECHNOLOGY					112,979,371

MATERIALS — (6.2%)
* W	Accsys Technologies PLC		9,505		17,257
*	Aclara Resources, Inc.		244,826		112,441
	Anglo Pacific Group PLC		1,216,770		2,767,501
	Breedon Group PLC		1,625,020		1,607,471
	Castings PLC		172,368		701,341
	Centamin PLC		6,884,338		7,890,265
	Central Asia Metals PLC		678,104		2,271,984
*	Elementis PLC		3,340,074		5,073,539
	Essentra PLC		1,720,465		6,742,416
	Ferrexpo PLC		1,527,804		3,137,247
W	Forterra PLC		1,574,753		4,923,197
	Gem Diamonds Ltd.		413,552		305,396
	Hill & Smith Holdings PLC		549,355		9,501,308
	Hochschild Mining PLC		1,781,849		2,617,480
W	Ibstock PLC		2,840,179		6,704,799
	Marshalls PLC		1,374,930		10,521,735
	Pan African Resources PLC		2,750,351		755,127
*	Petra Diamonds Ltd.		17,532		27,179
	RHI Magnesita NV		127,640		3,797,413
*	SolGold PLC		1,061,756		381,599
	Synthomer PLC		2,154,069		8,196,145
	Treatt PLC		51,395		676,463
	Victrex PLC		546,789		12,468,602
	Zotefoams PLC		103,100		437,931

TOTAL MATERIALS					91,635,836

REAL ESTATE — (3.7%)
	CLS Holdings PLC		584,213		1,493,048
	Foxtons Group PLC		1,253,936		661,930
	Grainger PLC		4,204,662		15,640,374
	Harworth Group PLC		5,025		10,521
	Helical PLC		816,328		4,439,128
*	IWG PLC		4,129,531		12,536,974
	LSL Property Services PLC		438,441		2,148,836
	Savills PLC		968,045		13,022,726
	Sirius Real Estate Ltd.		2,300,183		3,496,315
	Watkin Jones PLC		773,206		2,402,833

TOTAL REAL ESTATE					55,852,685

UTILITIES — (4.1%)
*	Centrica PLC		19,338,945		19,160,817
W	ContourGlobal PLC		166,091		399,194
	Drax Group PLC		2,508,511		25,350,257
	Pennon Group PLC		537,526		7,469,597

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
UTILITIES — (Continued)
	Telecom Plus PLC		422,983	$	8,725,787

TOTAL UTILITIES					61,105,652

TOTAL COMMON STOCKS Cost ($ 1,394,633,494)					1,470,524,122


				Value†
SECURITIES LENDING COLLATERAL — (1.1%)
@ §	The DFA Short Term Investment Fund		1,404,044		16,240,579

TOTAL INVESTMENTS — (100.0%) (Cost $ 1,410,873,039)				$	1,486,764,701

ADR American Depositary Receipt


»		Securities that have been fair value factored. 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.
*		Non-Income Producing Securities.
#		Total or Partial Securities on Loan.
††		Security valued using significant unobservable inputs (Level 3).
^		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 Note B to Financial Statements.
@		Security purchased with cash collateral received from Securities on Loan.
§		Affiliated Fund.

Summary of the Series’ investments as of April 30, 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	$	33,855	$	44,108,055		—	$	44,141,910
Consumer Discretionary		—		243,482,170		—		243,482,170
Consumer Staples		—		115,402,990		—		115,402,990
Energy		—		54,376,622		—		54,376,622
Financials		—		267,641,804		—		267,641,804
Health Care		—		55,052,424		—		55,052,424
Industrials		—		368,852,658		—		368,852,658
Information Technology		—		112,979,371		—		112,979,371
Materials		—		91,635,836		—		91,635,836
Real Estate		—		55,852,685		—		55,852,685
Utilities		—		61,105,652		—		61,105,652
Securities Lending Collateral		—		16,240,579		—		16,240,579

TOTAL	$	33,855	$	1,486,730,846		—	$	1,486,764,701

See accompanying Notes to Financial Statements.

THE CONTINENTAL SMALL COMPANY SERIES

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (92.8%)
AUSTRIA — (2.8%)
	Agrana Beteiligungs AG		83,141	$	1,474,620
	ANDRITZ AG		435,727		18,523,225
	AT&S Austria Technologie & Systemtechnik AG		196,445		10,059,153
W	BAWAG Group AG		128,967		6,123,851
# *	DO & Co. AG		46,589		4,099,895
	EVN AG		241,985		6,160,044
*	FACC AG		144,102		1,188,903
*	Flughafen Wien AG		30,811		867,685
	Josef Manner & Comp AG		870		109,644
# *	Kapsch TrafficCom AG		29,728		422,340
#	Lenzing AG		85,686		7,779,327
#	Mayr Melnhof Karton AG		56,392		9,923,120
	Oberbank AG		25,007		2,595,058
#	Oesterreichische Post AG		227,279		7,321,476
	Palfinger AG		102,246		2,591,260
#	POLYTEC Holding AG		109,361		696,655
*	Porr AG		100,602		1,274,139
#	Raiffeisen Bank International AG		95,986		1,092,638
#	Rosenbauer International AG		21,100		818,117
	S IMMO AG		346,922		8,326,943
*	Schoeller-Bleckmann Oilfield Equipment AG		69,737		3,990,243
#	Semperit AG Holding		71,506		1,729,372
	Strabag SE		106,594		4,166,328
	Telekom Austria AG		1,152,776		8,218,990
	UBM Development AG		21,002		951,274
	UNIQA Insurance Group AG		997,570		7,605,530
	Vienna Insurance Group AG Wiener Versicherung Gruppe		300,719		7,459,347
	voestalpine AG		566,214		14,734,509
	Wienerberger AG		675,803		19,076,462
	Zumtobel Group AG		155,917		1,126,186

TOTAL AUSTRIA					160,506,334

BELGIUM — (4.5%)
	Ackermans & van Haaren NV		173,765		30,978,157
*	AGFA-Gevaert NV		1,285,515		5,146,406
#	Atenor		22,537		1,335,504
	Banque Nationale de Belgique		87		155,459
	Barco NV		463,511		10,438,201
	Bekaert SA		253,478		9,396,138
# * W	Biocartis Group NV		227,423		494,832
# *	bpost SA		355,223		2,152,295
# *	Celyad Oncology SA		42,190		85,330
	Cie d’Entreprises CFE		49,898		6,519,062
#	Deceuninck NV		480,813		1,349,149
	D’ieteren Group		191,163		30,684,081
	Econocom Group SA/NV		727,792		2,780,811
	Elia Group SA		131,492		20,930,676
	Etablissements Franz Colruyt NV		113,578		4,170,676
*	Euronav NV		1,350,857		15,631,573
	EVS Broadcast Equipment SA		69,287		1,535,895
	Exmar NV		145,690		740,660
	Fagron		300,984		5,645,795
*	Galapagos NV		178,633		10,488,111
	Gimv NV		120,857		6,935,160
*	Greenyard NV		2,890		23,743

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
BELGIUM — (Continued)
#	Immobel SA		23,226	$	1,675,366
	Ion Beam Applications		132,008		2,153,770
	Jensen-Group NV		20,961		725,605
*	Kinepolis Group NV		95,538		5,286,720
	Lotus Bakeries NV		1,965		11,180,029
*	MDxHealth SA		69,016		56,276
	Melexis NV		123,114		10,567,432
# *	Ontex Group NV		398,872		2,763,537
# *	Oxurion NV		128,049		135,642
*	Picanol		26,368		1,893,049
#	Proximus SADP		728,656		12,735,672
	Recticel SA		306,705		6,701,566
#	Resilux		5,872		1,456,910
	Roularta Media Group NV		19,318		389,815
	Shurgard Self Storage SA		47,481		2,747,564
	Sipef NV		38,999		2,649,475
#	Telenet Group Holding NV		238,905		7,119,942
	TER Beke SA		3,661		417,319
*	Tessenderlo Group SA		205,166		7,182,561
	Van de Velde NV		47,376		1,947,360
	VGP NV		24,591		6,396,037
	Viohalco SA		498,361		2,209,051

TOTAL BELGIUM					256,008,412

DENMARK — (5.4%)
*	ALK-Abello AS		900,060		19,633,670
	Alm Brand AS		5,801,076		10,012,452
# *	Bang & Olufsen AS		708,657		1,696,306
	BankNordik P/F		10,800		190,373
# *	Bavarian Nordic AS		457,322		8,675,791
*	Brodrene Hartmann AS		16,148		532,448
#	cBrain AS		15,860		513,369
	Chemometec AS		65,053		7,353,750
# *	Columbus AS		490,087		644,587
	D/S Norden AS		198,932		7,391,443
	Dfds AS		263,283		10,196,082
	Djurslands Bank AS		6,232		319,527
*	Drilling Co. of 1972 AS		95,675		4,771,131
	FLSmidth & Co. AS		305,288		8,368,570
	Fluegger Group AS		4,198		286,668
	GronlandsBANKEN AS		1,125		98,067
	H Lundbeck AS		255,786		5,862,143
*	H+H International A/S, Class B		131,547		3,212,682
*	Harboes Bryggeri AS, Class B		5,094		55,990
# *	ISS AS		808,990		13,278,794
	Jeudan AS		38,980		1,523,823
*	Jyske Bank AS		449,441		24,851,445
	Lan & Spar Bank		4,895		459,165
	Matas AS		287,314		3,988,479
# W	Netcompany Group AS		41,094		2,285,328
*	Nilfisk Holding AS		154,895		4,336,129
*	NKT AS		282,793		13,477,758
# * W	NNIT AS		71,567		882,845
	North Media AS		5,372		59,883
*	NTG Nordic Transport Group AS, Class A		12,197		662,279
*	Parken Sport & Entertainment AS		13,669		173,814
	Per Aarsleff Holding AS		133,444		5,121,148
	Ringkjoebing Landbobank AS		196,955		24,152,179
	Royal Unibrew AS		306,442		26,412,582

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
DENMARK — (Continued)
# *	RTX AS		54,444	$	1,231,031
W	Scandinavian Tobacco Group AS, Class A		446,371		9,304,928
	Schouw & Co. AS		94,686		7,238,862
#	SimCorp AS		258,943		18,127,718
	Solar AS, Class B		42,476		5,037,341
	SP Group AS		1,371		65,795
	Spar Nord Bank AS		606,502		7,700,493
	Sydbank AS		461,713		15,870,394
	TCM Group AS		2,578		38,036
# *	Tivoli AS		9,878		1,247,754
	Topdanmark AS		428,065		24,021,262
# *	TORM PLC, Class A		195,257		1,918,664
	UIE PLC		10,336		3,085,214
# *	Zealand Pharma AS		220,278		2,483,639

TOTAL DENMARK					308,851,831

FINLAND — (5.0%)
#	Aktia Bank Oyj		344,733		3,495,507
#	Alandsbanken Abp, Class B		23,036		774,773
	Alma Media Oyj		133,889		1,382,545
	Anora Group Oyj		16,685		154,023
#	Apetit Oyj		21,105		278,553
	Aspo Oyj		106,324		792,551
	Atria Oyj		98,413		1,136,476
# *	BasWare Oyj		54,715		2,272,597
#	Bittium Oyj		204,447		1,161,191
	Cargotec Oyj, Class B		274,939		9,519,629
	Caverion Oyj		645,461		3,161,216
#	Citycon Oyj		452,512		3,216,263
	Digia Oyj		83,685		605,663
W	Enento Group Oyj		2,463		58,325
# *	Finnair Oyj		4,568,940		2,251,949
	Fiskars Oyj Abp		209,781		4,826,819
	Glaston Oyj ABP		9,217		9,522
#	Harvia Oyj		70,873		2,427,649
	HKScan Oyj, Class A		234,984		341,945
#	Huhtamaki Oyj		641,769		24,259,030
#	Ilkka-Yhtyma Oyj		58,887		281,998
#	Kamux Corp.		59,097		598,053
	Kemira Oyj		749,944		9,837,145
	Kojamo Oyj		595,561		11,847,603
*	Konecranes Oyj		411,288		11,558,732
#	Lassila & Tikanoja Oyj		214,465		2,304,354
# *	Lehto Group Oyj		159,853		65,404
	Marimekko Oyj		6,430		89,587
	Metsa Board Oyj, Class B		1,207,445		13,012,395
	Metso Outotec Oyj		361,072		3,074,511
#	Musti Group Oyj		63,219		1,487,454
	Nokian Renkaat Oyj		827,219		11,108,366
	Olvi Oyj, Class A		99,753		3,325,443
	Oriola Oyj, Class A		6,054		12,875
	Oriola Oyj, Class B		880,807		1,913,930
	Orion Oyj, Class A		143,951		5,833,328
	Orion Oyj, Class B		656,528		25,750,679
#	Outokumpu Oyj		2,426,916		11,914,353
	Pihlajalinna Oyj		77,064		923,490
#	Ponsse Oyj		71,199		2,203,284
*	QT Group Oyj		81,678		7,116,253
	Raisio Oyj, Class V		985,362		2,308,437

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
FINLAND — (Continued)
#	Rapala VMC Oyj		116,693	$	753,161
# *	Raute Oyj, Class A		1,817		24,815
	Revenio Group Oyj		138,898		6,609,222
# W	Rovio Entertainment Oyj		29,942		273,886
#	Sanoma Oyj		722,281		9,123,869
	Taaleri Oyj		8,120		88,418
	Talenom Oyj		7,120		78,109
	Teleste Oyj		52,966		257,182
W	Terveystalo Oyj		119,420		1,337,596
#	TietoEVRY Oyj		540,316		13,555,032
	Tokmanni Group Corp.		352,006		4,574,187
	Uponor Oyj		388,285		6,822,494
	Vaisala Oyj, Class A		123,353		5,696,545
	Valmet Oyj		1,121,391		30,031,725
#	Verkkokauppa.com Oyj		13,945		64,383
# *	Viking Line Abp		11,073		142,628
	Wartsila OYJ Abp		918,881		7,378,468
*	WithSecure Oyj		712,003		3,889,352
#	YIT Oyj		1,201,267		4,835,229

TOTAL FINLAND					284,230,201

FRANCE — (10.3%)
	ABC arbitrage		169,704		1,308,323
	AKWEL		68,408		1,256,065
	Albioma SA		190,542		10,128,505
# W	ALD SA		69,462		944,543
#	Altamir		136,094		3,750,043
	Alten SA		134,699		18,077,645
*	Amplitude Surgical SAS		19,526		55,149
	Assystem SA		60,928		2,597,033
	Atos SE		337,963		8,233,307
	Aubay		49,566		2,857,474
#	Axway Software SA		38,973		714,941
#	Bastide le Confort Medical		18,680		742,051
*	Beneteau SA		251,906		3,162,680
#	Bigben Interactive		96,926		1,455,949
	Boiron SA		37,981		1,668,214
	Bonduelle SCA		107,479		1,811,841
* ††	Bourbon Corp.		28,851		0
	Burelle SA		833		469,552
# *	Casino Guichard Perrachon SA		269,379		4,719,771
	Catana Group		16,846		138,754
# *	Catering International Services		12,144		129,415
# *	Cegedim SA		45,178		1,171,358
*	CGG SA		5,300,653		6,098,067
	Chargeurs SA		144,516		2,617,478
*	Cie des Alpes		137,830		2,131,693
#	Cie Plastic Omnium SA		408,687		6,615,713
# *	Claranova SE		66,462		233,926
*	Coface SA		754,461		9,044,689
*	DBV Technologies SA		1,382		3,608
#	Derichebourg SA		729,966		6,587,463
*	Ekinops SAS		5,333		36,407
	Electricite de Strasbourg SA		21,112		2,338,130
# * W	Elior Group SA		767,831		2,344,462
*	Elis SA		1,248,643		17,907,098
*	Eramet SA		77,635		10,347,352
# *	Esso SA Francaise		4,117		219,624
*	Etablissements Maurel et Prom SA		331,996		1,513,622

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
FRANCE — (Continued)
	Eurazeo SE		38,866	$	2,986,428
#	Eutelsat Communications SA		1,398,751		15,544,888
	Exel Industries, Class A		10,459		729,691
#	Faurecia SE		784,980		17,063,870
	Fnac Darty SA		134,089		6,639,059
*	Gaumont SA		10,715		1,185,744
	Gaztransport Et Technigaz SA		153,092		18,229,970
#	GEA		2,433		230,317
# *	GL Events		58,364		1,084,718
	Groupe Crit		22,187		1,562,166
	Groupe Gorge SA		4,320		85,598
	Groupe SFPI		21,754		69,291
	Guerbet		44,662		1,164,888
#	Guillemot Corp.		2,527		35,183
*	Haulotte Group SA		73,020		292,465
	HEXAOM		15,908		501,192
*	ID Logistics Group		14,970		4,767,427
	Imerys SA		230,565		9,070,610
	Infotel SA		637		36,680
*	Innate Pharma SA		15,558		44,454
	Ipsen SA		1,135		117,658
	IPSOS		290,780		13,998,451
	Jacquet Metals SACA		92,255		1,987,391
*	JCDecaux SA		262,649		5,505,931
	Kaufman & Broad SA		123,411		3,753,260
	Korian SA		488,212		10,252,920
	Lagardere SA		270,746		7,091,294
	Laurent-Perrier		13,890		1,315,097
	Lectra		182,425		7,562,887
	Linedata Services		15,704		717,742
	LISI		119,285		2,696,880
#	LNA Sante SA		33,206		1,226,020
W	Maisons du Monde SA		279,624		4,768,930
	Manitou BF SA		69,984		1,587,828
	Manutan International		15,102		1,066,723
	Mersen SA		124,320		4,111,986
	Metropole Television SA		250,507		4,648,696
# *	Nacon SA		19,382		116,133
* W	Neoen SA		17,296		691,074
	Nexans SA		200,218		18,237,340
	Nexity SA		311,241		9,451,183
# *	Nicox		145,865		262,919
#	NRJ Group		87,189		548,602
#	Oeneo SA		128,172		1,891,114
*	OL Groupe SA		10,735		27,958
# *	Onxeo SA		48,958		20,092
	Orpea SA		45,620		1,631,476
	Pharmagest Interactive		6,149		493,844
#	Plastiques Du Val De Loire		14,341		76,816
*	Prodways Group SA		6,480		17,571
	Quadient SA		235,020		4,395,172
# *	Rallye SA		6,989		24,032
# * ††	Recylex SA		102,008		37,288
*	Rexel SA		1,917,473		39,278,782
	Robertet SA		2,898		2,689,962
	Rothschild & Co.		134,978		5,288,291
	Rubis SCA		589,788		15,686,882
	Samse SA		7,930		1,797,324
	Savencia SA		35,032		2,270,910

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
FRANCE — (Continued)
#	SCOR SE		650,134	$	18,381,770
	Seche Environnement SA		19,700		1,529,286
	SES SA		1,495,664		13,382,472
* W	SMCP SA		68,883		447,596
#	Societe BIC SA		177,288		10,578,613
# *	Societe des Bains de Mer et du Cercle des Etrangers a Monaco		37,677		2,834,105
#	Societe Marseillaise du Tunnel Prado-Carenage SA		1,333		38,061
	Societe pour l’Informatique Industrielle		53,215		2,651,590
*	SOITEC		135,169		24,213,267
# *	Solocal Group		681,417		759,129
	Somfy SA		88,735		11,827,312
	Sopra Steria Group SACA		119,777		21,227,881
	SPIE SA		880,496		20,723,375
# * W	SRP Groupe SA		56,827		93,219
	Stef SA		25,714		2,534,051
#	Sword Group		36,664		1,578,637
#	Synergie SE		67,143		2,589,666
*	Technip Energies NV		139,764		1,698,389
#	Television Francaise 1		405,156		3,431,341
#	TFF Group		9,347		291,415
	Thermador Groupe		37,127		3,757,782
#	Tikehau Capital SCA		22,899		528,943
	Totalenergies EP Gabon		4,026		766,592
	Trigano SA		63,127		8,133,371
*	Ubisoft Entertainment SA		88,803		4,015,043
#	Union Financiere de France BQE SA		18,515		369,106
	Valeo		358,478		6,517,528
*	Vallourec SA		478,672		5,640,283
W	Verallia SA		98,931		2,719,547
*	Verimatrix SA		6,175		5,997
	Vetoquinol SA		16,919		2,203,127
#	Vicat SA		139,019		4,180,444
	VIEL & Cie SA		156,945		953,143
	Vilmorin & Cie SA		35,845		1,703,088
	Virbac SA		27,634		11,157,146
*	Vranken-Pommery Monopole SA		16,787		306,755
	Wavestone		6,689		351,811
* W	X-Fab Silicon Foundries SE		154,440		1,093,347
*	Xilam Animation SA		415		17,634

TOTAL FRANCE					587,332,905

GERMANY — (14.7%)
	1&1 AG		242,987		5,120,528
	7C Solarparken AG		62,532		290,216
	Aareal Bank AG		523,741		17,845,827
	Adesso SE		5,965		1,169,130
# W	ADLER Group SA		14,952		113,897
# *	ADVA Optical Networking SE		394,342		5,352,609
	AIXTRON SE		343,501		8,806,249
	All for One Group SE		4,503		298,824
	Allgeier SE		55,270		2,486,513
	Amadeus Fire AG		6,819		954,423
	Atoss Software AG		15,711		2,282,875
	Aurubis AG		293,633		33,368,273
	Basler AG		36,052		4,034,118
# *	Bauer AG		99,166		938,990
	BayWa AG		105,190		5,016,290
	BayWa AG		124		9,019
	Bechtle AG		13,254		612,464

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
GERMANY — (Continued)
W	Befesa SA		36,917	$	2,305,503
	Bertrandt AG		38,940		1,809,018
#	bet-at-home.com AG		22,014		342,411
# *	Bijou Brigitte AG		23,422		547,106
	Bilfinger SE		207,655		8,357,576
# *	Borussia Dortmund GmbH & Co. KGaA		672,687		2,634,617
	CANCOM SE		255,163		12,321,176
#	CECONOMY AG		1,172,018		4,015,542
	CENIT AG		54,144		849,716
	Cewe Stiftung & Co. KGAA		45,666		4,168,282
*	Commerzbank AG		1,908,438		12,458,904
	CompuGroup Medical SE & Co. KgaA		194,202		10,380,660
# *	Corestate Capital Holding SA		89,069		772,186
	CropEnergies AG		181,742		2,357,284
*	CTS Eventim AG & Co. KGaA		11,075		760,144
	Data Modul AG Produktion Und Vertrieb Von Elektronischen Systemen		11,455		690,450
	Dermapharm Holding SE		77,603		4,387,718
	Deutsche Beteiligungs AG		115,972		3,603,981
#	Deutsche EuroShop AG		338,626		5,610,452
W	Deutsche Pfandbriefbank AG		1,147,894		14,446,979
	Deutz AG		1,031,351		4,571,135
	DIC Asset AG		383,365		5,363,242
	DMG Mori AG		6,543		287,311
	Dr Hoenle AG		35,520		944,078
	Draegerwerk AG & Co. KGaA		20,476		938,986
	Duerr AG		397,547		10,332,144
	Eckert & Ziegler Strahlen- und Medizintechnik AG		119,131		5,978,114
*	EDAG Engineering Group AG		51,353		635,414
	Elmos Semiconductor SE		4,439		221,351
*	ElringKlinger AG		212,219		1,759,361
	Encavis AG		423,224		9,239,253
	Energiekontor AG		10,794		1,031,111
	Fabasoft AG		509		12,889
	Fielmann AG		149,679		7,566,565
	First Sensor AG		1,840		96,969
# *	flatexDEGIRO AG		38,179		652,081
*	Francotyp-Postalia Holding AG, Class A		2,661		8,119
*	Fraport AG Frankfurt Airport Services Worldwide		197,678		10,563,773
	Freenet AG		1,033,574		28,597,160
	Fuchs Petrolub SE		110,216		2,937,650
	GEA Group AG		727,334		28,312,527
	Gerresheimer AG		243,919		16,943,182
*	Gesco AG		55,404		1,438,148
	GFT Technologies SE		170,750		6,782,276
# *	Global Fashion Group SA		76,275		145,239
	Grand City Properties SA		774,358		13,671,332
	GRENKE AG		9,184		242,275
*	H&R GmbH & Co. KGaA		71,674		460,542
	Hamburger Hafen und Logistik AG		191,371		3,114,284
	Hawesko Holding AG		313		16,446
# *	Heidelberger Druckmaschinen AG		1,884,249		4,163,005
	Hensoldt AG		12,230		340,593
*	Highlight Communications AG		98,406		389,193
	Hornbach Holding AG & Co. KGaA		55,251		6,613,749
	Hugo Boss AG		437,223		24,520,732
*	Hypoport SE		7,011		1,938,217
	Indus Holding AG		138,578		3,942,252
W	Instone Real Estate Group SE		36,903		566,536
	IVU Traffic Technologies AG		47,758		895,416

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
GERMANY — (Continued)
	Jenoptik AG		407,916	$	11,466,035
W	JOST Werke AG		7,084		274,005
*	K+S AG		1,430,163		48,036,292
*	Kloeckner & Co. SE		521,683		6,720,190
*	Koenig & Bauer AG		97,502		1,903,034
	Krones AG		113,076		8,731,003
	KSB SE & Co. KGaA		3,293		1,579,306
	KWS Saat SE & Co. KGaA		83,735		6,179,042
	Lanxess AG		588,462		22,747,624
	Leifheit AG		60,643		1,409,250
# *	Leoni AG		215,274		2,000,252
# *	Manz AG		28,275		1,152,576
*	Mediclin AG		82,946		331,261
*	Medigene AG		116,971		365,531
*	METRO AG		669,522		5,881,046
	MLP SE		440,536		3,113,543
*	Multitude SE		39,731		137,658
*	Nagarro SE		61,707		8,676,131
	New Work SE		20,199		3,440,625
	Nexus AG		97,632		4,761,215
*	Nordex SE		718,142		10,364,307
	Norma Group SE		230,575		5,688,251
	OHB SE		37,995		1,342,977
	Patrizia AG		348,340		5,958,393
	Pfeiffer Vacuum Technology AG		48,041		8,552,041
	PNE AG		491,579		6,244,086
*	Progress-Werk Oberkirch AG		8,558		282,122
	ProSiebenSat.1 Media SE		1,363,524		15,688,410
	PSI Software AG		68,616		2,602,944
*	PVA TePla AG		82,910		2,046,429
# *	q.beyond AG		785,304		1,221,519
*	R Stahl AG		14,952		232,979
	Rheinmetall AG		273,843		61,730,803
#	S&T AG		346,499		5,857,970
*	SAF-Holland SE		345,326		2,624,585
*	Salzgitter AG		270,003		11,207,696
	Schloss Wachenheim AG		6,929		136,587
# W	Scout24 SE		148,816		9,412,359
	Secunet Security Networks AG		8,270		3,501,397
*	SGL Carbon SE		334,832		1,838,442
	Siltronic AG		146,283		13,737,305
*	Sixt SE		98,199		12,767,087
#	SMA Solar Technology AG		59,742		2,718,787
# *	SNP Schneider-Neureither & Partner SE		3,170		99,274
	Softing AG		14,914		98,432
	Software AG		392,817		12,090,816
	Stabilus SE		175,068		8,245,938
	STRATEC SE		32,676		3,698,468
	Stroeer SE & Co. KGaA		198,771		11,891,768
	Suedzucker AG		526,208		6,853,132
# *	SUESS MicroTec SE		148,771		2,307,396
	Surteco Group SE		47,139		1,497,698
	TAG Immobilien AG		1,009,676		20,178,819
	Takkt AG		250,308		4,044,083
# * W	TeamViewer AG		280,214		3,362,305
	Technotrans SE		46,673		1,158,028
*	thyssenkrupp AG		1,602,126		12,286,751
	Traffic Systems SE		36,767		1,190,712
# *	va-Q-tec AG		2,370		41,636

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
GERMANY — (Continued)
#	Varta AG		24,311	$	2,274,678
	VERBIO Vereinigte BioEnergie AG		173,398		12,287,740
*	Vitesco Technologies Group AG, Class A		2,318		93,155
	Vossloh AG		76,106		2,903,324
	Wacker Chemie AG		41,464		6,579,011
	Wacker Neuson SE		227,890		4,731,487
	Washtec AG		85,689		4,674,417
# *	Westwing Group SE		41,567		472,712
	Wuestenrot & Wuerttembergische AG		117,007		2,207,028
	Zeal Network SE		53,966		2,099,188

TOTAL GERMANY					839,783,691

GREECE — (0.0%)
* ††	Alfa Alfa Energy SA		3,810		0
* ††	Neorion Holdings SA		14,991		0

IRELAND — (1.1%)
	AIB Group PLC		966,363		2,099,071
*	Bank of Ireland Group PLC		6,339,548		38,422,137
	Cairn Homes PLC		1,876,315		2,262,555
*	Dalata Hotel Group PLC		221,959		1,013,831
*	Datalex PLC		122,186		98,173
	FBD Holdings PLC		142,812		1,526,211
	Glanbia PLC		1,139,597		13,719,769
* W	Glenveagh Properties PLC		812,200		980,106
*	Irish Continental Group PLC		820,853		3,265,400
*	Permanent TSB Group Holdings PLC		268,168		421,964

TOTAL IRELAND					63,809,217

ISRAEL — (4.2%)
#	Adgar Investment & Development Ltd.		59,769		135,214
	Afcon Holdings Ltd.		3,064		176,083
#	AFI Properties Ltd.		109,219		6,576,488
	Africa Israel Residences Ltd.		5,430		381,381
*	Airport City Ltd.		262,978		5,854,605
*	Albaad Massuot Yitzhak Ltd.		2,031		17,263
# *	Allot Ltd.		189,485		1,101,105
#	Alrov Properties & Lodgings Ltd.		49,832		3,249,911
#	Arad Ltd.		22,989		321,316
	Ashtrom Group Ltd.		196,741		5,486,361
	Atreyu Capital Markets Ltd.		4,320		90,250
#	AudioCodes Ltd.		39,625		922,693
#	Aura Investments Ltd.		121,776		261,743
	Automatic Bank Services Ltd.		3,976		24,240
# *	Avgol Industries 1953 Ltd.		468,925		332,872
	Azorim-Investment Development & Construction Co. Ltd.		575,905		2,976,127
# *	Bet Shemesh Engines Holdings 1997 Ltd.		30,236		886,126
	Blue Square Real Estate Ltd.		37,333		3,335,527
# *	Brack Capital Properties NV		18,347		2,832,499
*	Brainsway Ltd.		17,217		64,503
*	Camtek Ltd.		41,456		1,220,102
	Carasso Motors Ltd.		132,164		853,079
*	Cellcom Israel Ltd.		497,683		2,887,054
*	Ceragon Networks Ltd.		266,244		508,526
*	Clal Insurance Enterprises Holdings Ltd.		319,491		7,081,744
*	Compugen Ltd.		113,943		256,542
	Danel Adir Yeoshua Ltd.		24,002		3,784,128
#	Delek Automotive Systems Ltd.		256,073		3,644,093

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
ISRAEL — (Continued)
# *	Delek Group Ltd.		49,000	$	8,102,208
	Delta Galil Industries Ltd.		75,453		5,028,423
	Dor Alon Energy in Israel 1988 Ltd.		17,532		711,929
	Duniec Brothers Ltd.		1,134		72,888
#	Electra Consumer Products 1970 Ltd.		49,633		2,801,968
	Electra Ltd.		11,587		7,951,012
	Electra Real Estate Ltd.		35,882		601,598
# *	Ellomay Capital Ltd.		2,597		65,791
#	Energix-Renewable Energies Ltd.		299,897		1,016,048
# *	Enlight Renewable Energy Ltd.		3,357,939		7,204,265
*	Equital Ltd.		117,510		4,792,836
# *	Fattal Holdings 1998 Ltd.		9,745		1,405,552
	FMS Enterprises Migun Ltd.		19,186		665,510
	Formula Systems 1985 Ltd.		63,943		6,187,533
	Formula Systems 1985 Ltd., Sponsored ADR		640		62,086
#	Fox Wizel Ltd.		59,658		8,771,532
	Gav-Yam Lands Corp. Ltd.		423,939		4,666,010
*	Gilat Satellite Networks Ltd.		236,247		1,728,036
	Harel Insurance Investments & Financial Services Ltd.		747,052		9,156,529
	Hilan Ltd.		106,788		6,206,977
	IDI Insurance Co. Ltd.		46,650		1,544,132
	IES Holdings Ltd.		322		32,787
	Ilex Medical Ltd.		2,597		105,680
#	Infinya Ltd.		21,885		2,001,992
#	Inrom Construction Industries Ltd.		359,755		1,553,472
	Isracard Ltd.		124,943		628,771
	Israel Canada T.R Ltd.		213,345		1,054,831
	Israel Land Development - Urban Renewal Ltd.		56,725		1,029,441
	Isras Investment Co. Ltd.		5,893		1,436,349
# *	Issta Lines Ltd.		14,516		531,762
# *	Kamada Ltd.		212,977		1,142,803
#	Kenon Holdings Ltd.		138,521		7,911,247
	Kerur Holdings Ltd.		33,018		832,010
	Klil Industries Ltd.		5,696		471,274
	M Yochananof & Sons Ltd.		1,503		89,765
	Magic Software Enterprises Ltd.		152,541		2,625,769
	Malam - Team Ltd.		8,734		251,153
	Matrix IT Ltd.		233,856		5,893,113
#	Maytronics Ltd.		188,181		3,341,305
#	Mediterranean Towers Ltd.		434,044		1,369,954
#	Mega Or Holdings Ltd.		82,559		3,143,651
*	Mehadrin Ltd.		1,666		90,093
#	Meitav Dash Investments Ltd.		132,413		753,015
*	Menora Mivtachim Holdings Ltd.		186,995		4,667,840
	Migdal Insurance & Financial Holdings Ltd.		2,643,267		4,459,856
	Mivtach Shamir Holdings Ltd.		27,751		896,718
	Mizrahi Tefahot Bank Ltd.		1		39
# *	Naphtha Israel Petroleum Corp. Ltd.		244,337		1,941,498
	Nawi Brothers Ltd.		66,956		591,258
*	Neto Malinda Trading Ltd.		3,035		154,700
	Neto ME Holdings Ltd.		10,872		834,578
*	Nova Ltd.		60,103		5,763,560
	Novolog Ltd.		121,173		122,809
*	NR Spuntech Industries Ltd.		76,176		135,873
*	Oil Refineries Ltd.		12,221,339		5,439,349
	One Software Technologies Ltd.		40,268		663,433
# *	OPC Energy Ltd.		125,361		1,378,151
*	Partner Communications Co. Ltd.		847,565		6,723,387
*	Paz Oil Co. Ltd.		61,942		9,600,067

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
ISRAEL — (Continued)
*	Perion Network Ltd.		94,435	$	2,019,123
	Plasson Industries Ltd.		21,191		1,243,119
#	Prashkovsky Investments & Construction Ltd.		4,018		157,721
*	Priortech Ltd.		4,026		106,805
	Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.		52,258		3,961,728
	Scope Metals Group Ltd.		47,147		2,398,242
*	Shikun & Binui Ltd.		31,710		186,945
	Shufersal Ltd.		465,772		3,918,819
	Summit Real Estate Holdings Ltd.		222,691		5,231,601
	Suny Cellular Communication Ltd.		312,529		177,944
	Tadiran Group Ltd.		16,616		2,691,261
	Tel Aviv Stock Exchange Ltd.		21,464		101,367
*	Tera Light Ltd.		171,919		345,611
	Tiv Taam Holdings 1 Ltd.		21,439		56,511
#	Victory Supermarket Chain Ltd.		4,357		68,729
	YH Dimri Construction & Development Ltd.		18,178		1,632,236

TOTAL ISRAEL					237,965,553

ITALY — (8.1%)
	A2A SpA		11,363,154		19,414,600
	ACEA SpA		384,689		6,598,903
*	Aeffe SpA		177,250		324,274
W	Anima Holding SpA		2,199,251		10,716,372
*	Aquafil SpA		83,333		529,727
*	Arnoldo Mondadori Editore SpA		1,084,460		2,221,300
#	Ascopiave SpA		477,634		1,765,207
	Autostrade Meridionali SpA		3,917		154,761
	Avio SpA		110,432		1,312,003
	Azimut Holding SpA		828,739		17,590,709
#	Banca Generali SpA		469,036		15,506,860
	Banca IFIS SpA		245,110		4,451,026
	Banca Mediolanum SpA		639,790		4,644,454
*	Banca Monte dei Paschi di Siena SpA		213,039		179,507
	Banca Popolare di Sondrio SpA		3,233,196		12,840,445
	Banca Profilo SpA		1,711,765		411,629
# W	Banca Sistema SpA		414,926		883,061
#	Banco BPM SpA		10,236,702		32,252,741
	Banco di Desio e della Brianza SpA		241,954		771,599
	Be Shaping The Future SpA		533,191		1,891,406
W	BFF Bank SpA		898,742		5,604,202
*	Biesse SpA		11,036		172,170
	BPER Banca		7,414,242		12,386,203
	Brembo SpA		853,392		8,541,410
*	Brunello Cucinelli SpA		249,424		12,766,419
	Buzzi Unicem SpA		658,064		12,186,487
	Cairo Communication SpA		576,511		1,365,214
W	Carel Industries SpA		28,172		677,865
	Cementir Holding NV		355,007		2,471,257
# *	CIR SpA-Compagnie Industriali		2,318,947		1,004,762
	Credito Emiliano SpA		616,798		3,768,105
# *	d’Amico International Shipping SA		1,821,713		246,060
	Danieli & C Officine Meccaniche SpA		79,588		1,245,011
#	Danieli & C Officine Meccaniche SpA		102,606		2,184,399
	De’ Longhi SpA		398,689		9,668,102
	DeA Capital SpA		697,876		943,489
#	Digital Bros SpA		37,586		954,736
W	doValue SpA		37,076		315,249
*	Elica SpA		166,709		590,444
	Emak SpA		565,182		842,042

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
ITALY — (Continued)
* W	Enav SpA		327,231	$	1,510,652
	ERG SpA		402,758		13,877,327
#	Esprinet SpA		258,287		2,385,546
# *	Eurotech SpA		207,209		751,108
	Fila SpA		142,640		1,418,742
# *	Fincantieri SpA		3,504,948		2,137,921
# * ††	Finmatica SpA		5,960		0
*	FNM SpA		1,412,345		792,542
	Gefran SpA		35,925		353,235
# *	Geox SpA		356,231		307,786
	GPI SpA		12,436		169,695
	Gruppo MutuiOnline SpA		172,390		5,279,004
	Hera SpA		5,756,195		21,468,258
*	IMMSI SpA		1,372,199		638,704
*	Intek Group SpA		1,885,608		1,085,984
	Iren SpA		4,698,234		12,144,620
	Italgas SpA		3,601,793		23,320,427
	Italmobiliare SpA		76,857		2,434,896
*	IVS Group SA		58,424		304,877
# *	Juventus Football Club SpA		5,695,740		1,848,662
*	Leonardo SpA		2,772,782		28,535,775
	LU-VE SpA		5,064		114,290
#	Maire Tecnimont SpA		1,272,373		3,727,029
# * ††	Mariella Burani Fashion Group SpA		22,744		0
# *	MFE-MediaForEurope NV, Class A		3,502,151		2,138,472
#	MFE-MediaForEurope NV, Class B		3,488,926		3,213,165
*	Newlat Food SpA		12,794		80,018
	Openjobmetis SpA agenzia per il lavoro		63,025		695,106
	Orsero SpA		3,722		48,440
* W	OVS SpA		1,732,207		3,304,802
	Pharmanutra SpA		1,655		112,050
	Piaggio & CSpA		1,286,689		3,208,444
W	Pirelli & C SpA		2,578,872		12,780,901
# *	Prima Industrie SpA		32,067		539,907
W	RAI Way SpA		612,759		3,602,672
	Reply SpA		149,207		21,965,824
	Rizzoli Corriere Della Sera Mediagroup SpA		956,821		742,785
#	Sabaf SpA		63,964		1,641,318
#	SAES Getters SpA		900		20,922
*	Safilo Group SpA		57,694		95,718
# *	Saipem SpA		3,496,778		3,957,484
# *	Salvatore Ferragamo SpA		153,656		2,670,638
	Sanlorenzo SpA/Ameglia		1,335		47,207
*	Saras SpA		4,069,515		3,787,559
*	Servizi Italia SpA		22,510		42,052
	Sesa SpA		57,487		8,310,777
# *	Sogefi SpA		411,547		371,522
	SOL SpA		220,103		3,867,835
*	Spaxs SpA		194,805		2,527,665
	Tamburi Investment Partners SpA		858,326		7,819,704
# W	Technogym SpA		818,967		6,181,504
# *	Tesmec SpA		313,747		43,931
	Tinexta SpA		138,460		3,463,911
# *	Tiscali SpA		2,577,711		31,014
*	Tod’s SpA		77,488		3,062,713
	TXT e-solutions SpA		65,215		670,249
# W	Unieuro SpA		145,452		2,428,612
	Unipol Gruppo SpA		3,175,802		17,316,438
	UnipolSai Assicurazioni SpA		42,994		120,935

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
ITALY — (Continued)
#	Webuild SpA		1,282,257	$	2,180,057
	Wiit SpA		16,791		448,567
	Zignago Vetro SpA		181,037		2,219,977

TOTAL ITALY					462,762,185

NETHERLANDS — (6.1%)
	Aalberts NV		694,377		33,741,363
*	Accell Group NV		132,989		8,033,732
*	AFC Ajax NV		13,955		190,126
# * W	Alfen Beheer BV		24,811		2,231,339
	AMG Advanced Metallurgical Group NV		197,518		7,723,336
*	Amsterdam Commodities NV		30,979		827,279
	APERAM SA		323,062		12,469,378
	Arcadis NV		537,224		22,414,987
	ASR Nederland NV		898,464		40,834,000
*	Avantium NV		2,230		8,061
W	B&S Group Sarl		10,048		73,973
# * W	Basic-Fit NV		287,582		12,048,876
#	BE Semiconductor Industries NV		405,420		24,713,849
# *	Beter Bed Holding NV		27,380		143,644
	Boskalis Westminster		476,878		16,562,112
	Brunel International NV		155,477		1,806,566
	Corbion NV		390,827		13,550,071
# W	Flow Traders		225,384		7,357,845
#	ForFarmers NV		214,677		658,612
*	Fugro NV		504,793		6,183,886
	Heijmans NV		156,398		2,147,995
*	Hunter Douglas NV		3,727		681,542
* W	Intertrust NV		472,154		9,742,971
	Kendrion NV		97,269		1,851,657
*	Koninklijke BAM Groep NV		1,821,442		5,041,457
	Koninklijke Vopak NV		286,311		7,698,828
* W	Lucas Bols NV		23,064		254,675
	Nedap NV		33,400		2,219,453
*	OCI NV		554,235		21,001,359
	Ordina NV		637,656		2,916,625
# *	Pharming Group NV		273,983		224,335
#	PostNL NV		3,227,745		10,576,562
	SBM Offshore NV		1,050,102		15,217,176
#	SIF Holding NV		34,182		389,089
W	Signify NV		711,679		30,109,420
*	Sligro Food Group NV		166,461		3,907,041
# * ††	SNS NV		705,718		0
#	TKH Group NV		274,990		13,485,566
# *	TomTom NV		464,278		4,008,408
	Van Lanschot Kempen NV		152,154		3,962,324
*	Vivoryon Therapeutics NV		5,400		52,043

TOTAL NETHERLANDS					347,061,561

NORWAY — (2.2%)
	2020 Bulkers Ltd.		59,850		763,737
	ABG Sundal Collier Holding ASA		2,462,689		1,871,639
# *	Akastor ASA		781,213		678,122
#	Aker Solutions ASA		1,831,564		6,328,698
	American Shipping Co. ASA		245,710		848,969
*	ArcticZymes Technologies ASA		44,887		410,804
*	Asetek AS		19,672		55,147
	Atea ASA		364,170		4,339,342

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
NORWAY — (Continued)
# *	Atlantic Sapphire ASA		67,633	$	188,273
# *	Axactor SE		946,461		614,718
	B2Holding ASA		1,436,002		1,357,233
	Belships ASA		194,272		411,027
# *	Bergenbio ASA		24,722		47,072
	Bonheur ASA		146,347		5,442,157
# *	Borr Drilling Ltd.		52,360		211,036
	Borregaard ASA		502,221		9,579,802
	Bouvet ASA		29,261		215,232
*	BW Energy Ltd.		306,693		892,707
W	BW LPG Ltd.		648,398		4,077,306
	BW Offshore Ltd.		753,331		2,166,601
* W	Crayon Group Holding ASA		135,355		1,990,993
	DNO ASA		3,178,428		4,818,319
W	Elmera Group ASA		51,884		117,086
W	Europris ASA		1,169,259		5,941,318
#	FLEX LNG Ltd.		215,511		6,070,829
# *	Frontline Ltd.		609,442		5,047,493
	Golden Ocean Group Ltd.		394,981		4,917,169
# *	Grieg Seafood ASA		344,872		5,137,894
*	Hafnia Ltd.		15,427		45,362
# *	Hexagon Composites ASA		694,065		2,743,448
	Hunter Group ASA		115,742		37,859
# *	IDEX Biometrics ASA		1,011,211		155,530
# W	Kid ASA		16,723		188,110
#	Kitron ASA		342,728		668,656
	Komplett Bank ASA		33,724		25,798
# *	Kongsberg Automotive ASA		4,935,678		1,292,455
*	Magnora ASA		21,656		43,534
	Medistim ASA		977		26,396
	MPC Container Ships ASA		1,700,416		5,061,255
# W	Multiconsult ASA		2,534		39,474
# *	Next Biometrics Group AS		167,317		100,644
# *	Nordic Nanovector ASA		376,386		571,065
* W	Norske Skog ASA		180,424		988,872
#	Norway Royal Salmon ASA		93,951		2,464,006
*	Norwegian Energy Co. ASA		2,292		85,157
*	NRC Group ASA		19,066		38,024
*	Odfjell Drilling Ltd.		586,600		1,504,596
*	Odfjell SE, Class A		137,586		673,585
*	Odfjell Technology Ltd.		97,767		235,678
*	OKEA ASA		7,981		30,030
W	Okeanis Eco Tankers Corp.		6,274		63,385
	Olav Thon Eiendomsselskap ASA		91,864		1,856,540
*	Otello Corp. ASA		2,772		7,968
	Pareto Bank ASA		21,180		122,763
# *	PGS ASA		2,078,421		793,350
*	PhotoCure ASA		6,248		77,194
# * W	poLight ASA		920		14,904
	Protector Forsikring ASA		438,078		4,974,712
*	Q-Free ASA		32,883		25,897
# *	REC Silicon ASA		2,124,715		3,656,328
*	SATS ASA		57,235		107,438
#	Selvaag Bolig ASA		309,083		1,460,200
*	Solstad Offshore ASA		11,058		17,245
	Sparebank 1 Oestlandet		11,657		170,578
	SpareBank 1 Sorost-Norge		1,788		11,078
	Stolt-Nielsen Ltd.		195,297		3,527,783
*	Tekna Holding AS		114		163

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
NORWAY — (Continued)
	TGS ASA		286,682	$	4,422,578
	Treasure ASA		316,195		548,764
*	Ultimovacs ASA		18,337		148,354
	Veidekke ASA		640,408		8,292,409
*	Volue ASA		168		716
	Wallenius Wilhelmsen ASA		419,921		2,635,751
	Wilh Wilhelmsen Holding ASA, Class A		68,304		1,668,207
W	XXL ASA		787,885		824,157

TOTAL NORWAY					126,988,719

PORTUGAL — (0.9%)
	Altri SGPS SA		520,559		3,454,803
*	Banco Comercial Portugues SA, Class R		49,865,890		7,708,730
* ††	Banco Espirito Santo SA		4,777,921		0
	Corticeira Amorim SGPS SA		103,321		1,068,857
#	CTT-Correios de Portugal SA		745,659		3,370,407
*	Greenvolt-Energias Renovaveis SA		9,769		72,899
*	Ibersol SGPS SA		52,494		308,469
# *	Mota-Engil SGPS SA		641,747		859,933
	Navigator Co. SA		1,798,509		7,377,872
	NOS SGPS SA		1,539,280		6,509,300
# *	Novabase SGPS SA		72,649		390,997
	REN - Redes Energeticas Nacionais SGPS SA		2,960,295		9,023,333
	Sonae SGPS SA		6,962,591		7,516,734

TOTAL PORTUGAL					47,662,334

SPAIN — (5.5%)
	Acciona SA		74,820		14,645,821
	Acerinox SA		1,064,577		11,209,170
# * ††	Adveo Group International SA		84,445		0
W	Aedas Homes SA		24,946		583,553
	Alantra Partners SA		70,997		1,167,187
	Almirall SA		464,769		6,037,829
*	Amper SA		6,472,211		1,765,405
	Applus Services SA		911,802		7,112,909
	Atresmedia Corp. de Medios de Comunicacion SA		548,224		2,097,140
	Azkoyen SA		67,253		391,019
	Banco de Sabadell SA		37,317,194		28,960,910
	Bankinter SA		4,375,395		25,748,650
# * ††	Caja de Ahorros del Mediterraneo		116,412		0
#	Cia de Distribucion Integral Logista Holdings SA		409,461		7,544,496
	CIE Automotive SA		381,733		8,322,482
#	Construcciones y Auxiliar de Ferrocarriles SA		129,981		3,985,235
# *	Deoleo SA		37,749		13,633
*	Distribuidora Internacional de Alimentacion SA		3,729,910		51,075
#	Ebro Foods SA		526,136		9,459,733
*	eDreams ODIGEO SA		427,530		3,436,529
	Elecnor SA		200,108		2,360,618
#	Enagas SA		1,384,738		29,941,750
*	Ence Energia y Celulosa SA		979,259		3,668,275
*	Ercros SA		643,000		2,204,934
	Faes Farma SA		2,107,905		8,844,665
	Fluidra SA		367,354		9,942,136
	Fomento de Construcciones y Contratas SA		363,290		4,150,143
W	Gestamp Automocion SA		757,499		2,474,356
W	Global Dominion Access SA		695,411		2,875,375
	Grupo Catalana Occidente SA		270,353		7,787,449
#	Grupo Empresarial San Jose SA		151,317		643,114

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SPAIN — (Continued)
# *	Grupo Ezentis SA		1,629,459	$	256,603
	Iberpapel Gestion SA		47,911		801,517
*	Indra Sistemas SA		954,956		9,731,572
#	Laboratorio Reig Jofre SA		14,659		44,518
	Laboratorios Farmaceuticos Rovi SA		120,922		8,256,698
	Linea Directa Aseguradora SA Cia de Seguros y Reaseguros		3,862,215		5,548,518
#	Mapfre SA		1,832,552		3,344,146
*	Mediaset Espana Comunicacion SA		1,094,655		4,898,549
*	Melia Hotels International SA		777,775		6,432,446
# W	Metrovacesa SA		33,007		263,565
	Miquel y Costas & Miquel SA		193,707		2,565,394
* W	Neinor Homes SA		77,372		876,556
*	Obrascon Huarte Lain SA		1,361,871		1,173,249
# *	Oryzon Genomics SA		35,547		86,553
	Pharma Mar SA		7,078		541,770
	Prim SA		40,283		594,521
*	Promotora de Informaciones SA, Class A		1,330,083		883,277
# W	Prosegur Cash SA		265,268		196,703
#	Prosegur Cia de Seguridad SA		1,470,440		3,043,287
*	Realia Business SA		1,667,905		1,554,431
	Renta 4 Banco SA		442		4,623
	Sacyr SA		2,840,800		7,652,009
*	Solaria Energia y Medio Ambiente SA		494,183		10,966,241
W	Talgo SA		587,102		2,371,991
	Talgo SA		11,511		46,995
# *	Tecnicas Reunidas SA		188,993		1,565,077
# *	Tubacex SA		738,150		1,609,244
# *	Tubos Reunidos SA		34,204		12,300
W	Unicaja Banco SA		7,951,463		7,490,193
	Vidrala SA		124,375		8,912,172
	Viscofan SA		273,196		15,081,593
*	Vocento SA		352,577		360,577

TOTAL SPAIN					314,592,479

SWEDEN — (6.9%)
W	AcadeMedia AB		441,853		2,494,325
	AddLife AB, Class B		80,218		1,772,421
	AddNode Group AB		99,115		4,189,944
#	AFRY AB		283,371		4,697,624
W	Alimak Group AB		254,539		2,686,069
	Alligo AB, Class B		137,415		1,573,856
W	Ambea AB		166,767		846,466
*	Annehem Fastigheter AB, Class B		132,805		361,897
#	AQ Group AB		1,510		43,072
*	Arise AB		87,001		490,222
	Arjo AB, Class B		1,033,502		7,758,348
	Atrium Ljungberg AB, Class B		245,262		4,010,480
* W	Attendo AB		733,120		1,982,550
*	Balco Group AB		979		10,250
	BE Group AB		3,385		55,128
	Beijer Alma AB		299,014		6,220,084
# *	Beijer Electronics Group AB		93,898		620,302
	Bergman & Beving AB		199,982		2,565,431
	Bergs Timber AB, Class B		62,277		38,938
	Besqab AB		21,962		346,683
	Betsson AB, Class B		884,562		5,433,800
# *	Better Collective AS		71,367		1,100,001
# *	BHG Group AB		351,076		2,417,268
	Bilia AB, Class A		590,329		8,186,626

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SWEDEN — (Continued)
	BioGaia AB, Class B		49,858	$	3,134,950
	Biotage AB		419,797		8,696,101
	Bjorn Borg AB		13,009		60,348
	Bonava AB, Class B		526,974		2,558,204
# * W	Boozt AB		212,829		2,234,802
W	Bravida Holding AB		793,931		8,139,070
	Bufab AB		232,909		7,726,828
#	Bulten AB		115,761		810,148
	Bure Equity AB		321,431		7,579,850
	Byggmax Group AB		443,719		3,412,507
# *	Calliditas Therapeutics AB, Class B		100,571		758,778
*	Careium AB		149,193		218,324
#	Catella AB		33,547		131,386
	Catena AB		177,527		9,267,798
# *	Catena Media PLC		330,046		1,389,107
# *	Cavotec SA		79,682		112,310
	Cellavision AB		26,744		839,692
	Clas Ohlson AB, Class B		262,871		2,984,374
	Cloetta AB, Class B		1,814,436		4,585,140
*	Collector AB		274,588		1,197,893
	Concentric AB		354,479		6,923,184
W	Coor Service Management Holding AB		360,247		3,266,155
	Corem Property Group AB, Class B		4,350,002		9,210,408
	Dios Fastigheter AB		782,260		6,984,720
# *	Doro AB		162,545		360,554
*	Duni AB		215,342		1,970,671
# W	Dustin Group AB		523,446		3,761,118
	Eastnine AB		126,421		1,242,033
	Elanders AB, Class B		66,195		999,841
#	Electrolux Professional AB, Class B		349,772		1,960,537
* W	Eltel AB		206,068		242,358
*	Enea AB		104,284		1,239,442
#	Eolus Vind AB, Class B		35,068		370,950
	eWork Group AB		32,666		391,958
	Fagerhult AB		300,931		1,510,347
	FastPartner AB, Class A		1,130		9,488
	FastPartner AB, Class D		35		292
#	Fenix Outdoor International AG		19,605		1,747,906
	Ferronordic AB		7,307		33,505
# *	Fingerprint Cards AB, Class B		386,234		444,845
	G5 Entertainment AB		35,644		673,018
	GARO AB		6,571		98,346
*	GHP Specialty Care AB		41,172		146,607
	Granges AB		828,365		6,803,257
# *	Haldex AB		383,964		1,577,841
#	Heba Fastighets AB, Class B		134,907		1,731,669
#	Hexatronic Group AB		74,697		3,160,291
	HMS Networks AB		149,627		6,124,209
# * W	Hoist Finance AB		443,037		1,365,057
*	Humana AB		126,275		662,803
*	IAR Systems Group AB		1,213		13,554
*	Immunovia AB		8,077		26,461
#	Instalco AB		482,045		2,975,121
*	International Petroleum Corp.		266,599		2,561,287
#	INVISIO AB		555		9,837
	Inwido AB		455,135		6,283,529
	JM AB		438,089		10,117,715
# *	John Mattson Fastighetsforetagen AB		8,700		135,541
	Karnov Group AB		34,072		230,514

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SWEDEN — (Continued)
*	K-fast Holding AB		9,734	$	44,594
#	Kindred Group PLC		554,405		4,860,685
	KNOW IT AB		199,430		6,142,285
	Lagercrantz Group AB, Class B		1,422,449		14,480,272
W	LeoVegas AB		558,727		2,396,251
	Lime Technologies AB		9,545		268,459
	Lindab International AB		646,372		15,075,825
#	Loomis AB		380,818		9,488,358
# *	Maha Energy AB		101,739		196,998
*	Medcap AB		6,064		89,681
*	Mekonomen AB		299,806		3,455,153
	Midsona AB, Class B		8,545		21,992
# *	Millicom International Cellular SA		28,674		646,448
	MIPS AB		55,692		3,955,213
*	Modern Times Group MTG AB, Class B		557,563		5,896,713
# *	Momentum Group AB		137,415		1,046,764
W	Munters Group AB		73,590		439,630
	Mycronic AB		438,731		7,672,336
	NCAB Group AB		48,732		306,431
	NCC AB, Class B		333,182		4,128,220
#	Nederman Holding AB		31,174		524,535
*	Nelly Group AB		47,409		90,414
*	Net Insight AB, Class B		2,381,180		973,595
	New Wave Group AB, Class B		426,925		7,454,334
	Nobia AB		896,177		3,517,032
	Nolato AB, Class B		1,482,789		10,262,943
	Nordic Waterproofing Holding AB		70,179		1,285,567
*	Note AB		45,746		947,731
#	NP3 Fastigheter AB		169,215		4,702,527
	Nyfosa AB		1,250,190		13,779,135
	OEM International AB, Class B		143,694		2,219,346
* W	Oncopeptides AB		38,454		32,221
*	Ovzon AB		1,938		9,607
# *	Pandox AB		337,956		4,708,553
	Platzer Fastigheter Holding AB, Class B		250,352		2,542,757
	Prevas AB, Class B		2,947		37,834
#	Pricer AB, Class B		892,974		1,419,626
	Proact IT Group AB		186,907		1,359,960
	Ratos AB, Class B		1,581,770		8,070,272
*	RaySearch Laboratories AB		160,684		705,057
	Rejlers AB		948		14,588
# W	Resurs Holding AB		1,040,265		3,025,804
	Rottneros AB		672,020		909,636
#	Scandi Standard AB		397,762		1,563,863
* W	Scandic Hotels Group AB		839,511		3,230,843
# *	Sdiptech AB, Class B		8,683		304,091
	Sectra AB, Class B		347,535		4,384,273
	Semcon AB		118,592		1,504,693
*	Sensys Gatso Group AB		2,726,230		265,288
	SkiStar AB		323,216		6,291,931
*	Solid Forsakring AB		86,686		420,873
*	Starbreeze AB		37,435		3,611
*	Stendorren Fastigheter AB		1,169		28,587
# *	Stillfront Group AB		169,387		342,094
*	Svedbergs i Dalstorp AB, Class B		7,665		39,086
#	Systemair AB		360,836		2,291,554
	Tethys Oil AB		109,533		1,037,803
	TF Bank AB		1,461		25,654
	Troax Group AB		227,770		5,058,679

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SWEDEN — (Continued)
	VBG Group AB, Class B		28,343	$	405,294
	Vitec Software Group AB, Class B		35,822		1,805,134
	Wihlborgs Fastigheter AB		182,515		3,164,379
	XANO Industri AB, Class B		1,477		43,840

TOTAL SWEDEN					394,523,316

SWITZERLAND — (15.1%)
	Adecco Group AG		38,997		1,504,889
	Allreal Holding AG		124,196		23,426,216
	ALSO Holding AG		46,851		10,594,595
*	ams-OSRAM AG		1,474,621		18,039,280
*	APG SGA SA		8,920		1,698,770
#	Arbonia AG		345,431		6,151,409
# *	Aryzta AG		6,589,298		6,135,488
	Ascom Holding AG		200,120		1,770,523
#	Autoneum Holding AG		23,132		2,736,255
	Bachem Holding AG, Class B		4,741		2,068,725
	Baloise Holding AG		86,584		15,060,503
	Banque Cantonale de Geneve		9,528		1,617,460
	Banque Cantonale du Jura SA		3,848		216,489
#	Banque Cantonale Vaudoise		87,914		7,429,857
	Belimo Holding AG		65,844		32,541,506
	Bell Food Group AG		14,632		3,977,068
	Bellevue Group AG		57,974		2,226,999
	Berner Kantonalbank AG		30,400		6,998,015
	BKW AG		163,517		19,905,116
	Bobst Group SA		68,727		5,797,009
	Bossard Holding AG, Class A		46,771		10,125,096
	Bucher Industries AG		54,706		19,723,414
	Burckhardt Compression Holding AG		3,313		1,690,163
	Burkhalter Holding AG		28,825		2,269,574
	Bystronic AG		9,740		8,083,172
	Calida Holding AG		37,936		1,908,073
	Carlo Gavazzi Holding AG		3,077		927,711
	Cembra Money Bank AG		188,532		13,603,527
# *	Cicor Technologies Ltd.		15,422		817,114
	Cie Financiere Tradition SA		10,803		1,214,743
	Clariant AG		811,577		13,856,300
	Coltene Holding AG		26,808		2,543,117
	Comet Holding AG		18,573		4,015,003
# *	COSMO Pharmaceuticals NV		2,824		161,503
	Daetwyler Holding AG		7,566		2,432,731
	DKSH Holding AG		247,560		21,256,721
	dormakaba Holding AG		24,787		11,504,829
*	Dottikon Es Holding AG		294		88,683
*	Dufry AG		301,896		12,016,105
	EFG International AG		683,675		5,153,379
	Emmi AG		15,868		15,727,801
	Energiedienst Holding AG		83,637		3,741,231
# *	Evolva Holding SA		3,349,123		361,784
# *	Feintool International Holding AG		15,677		691,047
*	Flughafen Zurich AG		146,313		24,741,333
	Forbo Holding AG		8,720		12,765,022
	Fundamenta Real Estate AG		1,593		32,423
W	Galenica AG		124,351		9,156,894
# *	GAM Holding AG		1,195,762		1,233,929
	Georg Fischer AG		635,020		34,462,594
#	Gurit Holding AG		3,022		3,852,510
	Helvetia Holding AG		266,540		34,252,165

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SWITZERLAND — (Continued)
	Hiag Immobilien Holding AG		20,971	$	2,178,640
# *	HOCHDORF Holding AG		6,697		275,957
	Huber & Suhner AG		106,321		9,324,684
	Hypothekarbank Lenzburg AG		6		25,845
# *	Implenia AG		107,391		2,428,255
*	Ina Invest Holding AG		25,352		507,512
	Inficon Holding AG		15,038		13,691,705
	Interroll Holding AG		5,149		15,608,615
	Intershop Holding AG		10,420		6,785,307
	Investis Holding SA		4,392		507,219
*	Jungfraubahn Holding AG		17,432		2,484,541
	Kardex Holding AG		50,062		9,527,352
	Komax Holding AG		24,168		6,348,410
#	Kudelski SA		217,692		725,144
#	Landis+Gyr Group AG		86,657		4,836,252
	LEM Holding SA		3,961		9,124,889
	Liechtensteinische Landesbank AG		64,323		3,556,904
	Luzerner Kantonalbank AG		20,211		8,624,466
* W	Medacta Group SA		4,763		542,631
* W	Medartis Holding AG		2,068		217,733
W	Medmix AG		143,103		4,805,946
#	Meier Tobler Group AG		45,826		1,071,871
	Metall Zug AG, Class B		1,092		2,275,739
# *	Meyer Burger Technology AG		2,168,207		1,027,377
	Mikron Holding AG		8,692		68,557
	Mobilezone Holding AG		295,533		4,785,315
	Mobimo Holding AG		57,438		16,426,837
	OC Oerlikon Corp. AG		1,712,308		12,209,875
# *	Orascom Development Holding AG		93,520		852,960
	Orell Fuessli AG		5,028		457,791
#	Orior AG		37,151		3,432,144
	Phoenix Mecano AG		4,517		1,805,017
	Plazza AG, Class A		6,895		2,494,493
	PSP Swiss Property AG		334,181		42,117,473
	Rieter Holding AG		23,266		3,162,786
	Romande Energie Holding SA		2,640		3,196,818
#	Schaffner Holding AG		3,363		1,084,398
#	Schweiter Technologies AG		7,284		7,328,268
#	Schweizerische Nationalbank		23		177,156
* W	Sensirion Holding AG		24,816		2,976,298
	SFS Group AG		125,076		15,663,662
	Siegfried Holding AG		32,823		23,794,685
	SIG Combibloc Group AG		47,610		996,738
	Softwareone Holding AG		206,099		2,786,555
	St Galler Kantonalbank AG		17,568		8,472,207
	Sulzer AG		141,969		10,637,398
	Swiss Prime Site AG		83,584		8,169,875
*	Swiss Steel Holding AG		3,362,368		954,111
	Swissquote Group Holding SA		85,428		13,884,491
	Tecan Group AG		13,023		3,913,642
	Thurgauer Kantonalbank		3,152		362,879
# *	Tornos Holding AG		26,632		185,702
#	TX Group AG		19,090		2,702,002
*	u-blox Holding AG		53,215		4,420,910
	Valiant Holding AG		111,392		11,126,691
	Valora Holding AG		28,888		4,723,406
W	VAT Group AG		119,590		36,990,557
	Vaudoise Assurances Holding SA		6,746		3,156,171
	Vetropack Holding AG		66,692		2,743,910

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
SWITZERLAND — (Continued)
	Vifor Pharma AG		16,966	$	2,997,017
# *	Von Roll Holding AG		378,198		378,630
	Vontobel Holding AG		227,861		16,665,011
	VP Bank AG, Class A		24,056		2,407,811
	VZ Holding AG		90,310		6,721,206
*	V-ZUG Holding AG		10,820		1,200,300
	Walliser Kantonalbank		18,991		2,158,431
	Warteck Invest AG		27		65,916
	Ypsomed Holding AG		10,945		1,564,094
	Zehnder Group AG		87,466		6,839,436
	Zug Estates Holding AG, Class B		1,186		2,425,916
	Zuger Kantonalbank AG		702		5,281,856

TOTAL SWITZERLAND					857,776,259

UNITED STATES — (0.0%)
	Arko Corp.		124,906		1,157,878

TOTAL COMMON STOCKS					5,291,012,875

PREFERRED STOCKS — (0.7%)
GERMANY — (0.7%)
	Draegerwerk AG & Co. KGaA		65,107		3,222,140
	Fuchs Petrolub SE		392,010		12,364,480
	Jungheinrich AG		359,171		8,784,614
	Sixt SE		120,365		8,699,454
	STO SE & Co. KGaA		16,482		3,458,171
	Villeroy & Boch AGSeries A		41,086		904,790

TOTAL GERMANY					37,433,649

RIGHTS/WARRANTS — (0.0%)
AUSTRIA — (0.0%)
*	CA Immobilien Anlagen AG Rights Exp 07/26/21		497,492		0
*	Immofinanz AG Rights 03/03/2023		681,828		0

ITALY — (0.0%)
# *	Webuild SpA Warrants 08/02/30		116,038		0

SWITZERLAND — (0.0%)
*	Mobimo Holding AG Rights 05/03/2022		57,438		200,170

TOTAL RIGHTS/WARRANTS					200,170

TOTAL INVESTMENT SECURITIES (Cost $4,490,025,568)					5,328,646,694


				Value†
SECURITIES LENDING COLLATERAL — (6.5%)
@ §	The DFA Short Term Investment Fund		32,212,774		372,605,162

TOTAL INVESTMENTS — (100.0%) (Cost $4,862,604,541)				$	5,701,251,856


ADR		American Depositary Receipt
BAM		Build America Mutual
SA		Special Assessment
»		Securities that have been fair value factored. 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.

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

*	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 April 30, 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		—	$	160,506,334		—	$	160,506,334
Belgium	$	525,583		255,482,829		—		256,008,412
Denmark		—		308,851,831		—		308,851,831
Finland		—		284,230,201		—		284,230,201
France		—		587,295,617	$	37,288		587,332,905
Germany		—		839,783,691		—��		839,783,691
Ireland		—		63,809,217		—		63,809,217
Israel		634,096		237,331,457		—		237,965,553
Italy		—		462,762,185		—		462,762,185
Netherlands		—		347,061,561		—		347,061,561
Norway		235,678		126,753,041		—		126,988,719
Portugal		—		47,662,334		—		47,662,334
Spain		46,995		314,545,484		—		314,592,479
Sweden		1,046,764		393,476,552		—		394,523,316
Switzerland		—		857,776,259		—		857,776,259
United States		1,157,878		—		—		1,157,878
Preferred Stocks
Germany		—		37,433,649		—		37,433,649
Rights/Warrants
Switzerland		—		200,170		—		200,170
Securities Lending Collateral		—		372,605,162		—		372,605,162

TOTAL	$	3,646,994	$	5,697,567,574	$	37,288^	$	5,701,251,856

^	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

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (84.2%)
COMMUNICATION SERVICES — (1.1%)
*	AcuityAds Holdings, Inc.		9,419	$	28,448
# *	Aimia, Inc.		732,996		2,807,255
#	Cogeco Communications, Inc.		80,182		6,584,829
	Cogeco, Inc.		33,834		2,014,791
#	Corus Entertainment, Inc., Class B		1,066,921		3,496,468
# ,	Enthusiast Gaming Holdings, Inc.		27,353		52,980
# *	MDF Commerce, Inc.		24,190		47,452
*	TeraGo, Inc.		2,400		10,201
# *	WildBrain Ltd.		612,863		1,340,556
#	Yellow Pages Ltd.		105,820		1,142,508

TOTAL COMMUNICATION SERVICES					17,525,488

CONSUMER DISCRETIONARY — (4.5%)
*	Aritzia, Inc.		446,040		15,884,739
*	AutoCanada, Inc.		126,941		2,954,529
#	BMTC Group, Inc.		20,581		244,476
# *	Bragg Gaming Group, Inc.		4,700		25,171
# *	Canada Goose Holdings, Inc.		261,127		5,685,385
#	Dorel Industries, Inc., Class B		149,777		968,861
#	Exco Technologies Ltd.		164,124		1,099,994
	Gamehost, Inc.		89,999		580,074
	Leon’s Furniture Ltd.		167,479		2,555,240
	Linamar Corp.		255,634		10,124,670
#	Martinrea International, Inc.		483,433		2,886,336
#	MTY Food Group, Inc.		103,016		4,164,244
	Park Lawn Corp.		178,143		4,712,022
#	Pizza Pizza Royalty Corp.		162,278		1,709,120
*	Points.com, Inc.		62,977		1,008,262
#	Pollard Banknote Ltd.		49,129		825,286
*	Recipe Unlimited Corp.		88,994		992,709
*	Reitmans Canada Ltd., Class A		125,155		136,393
#	Sleep Country Canada Holdings, Inc.		197,990		3,846,830
*	Spin Master Corp.		141,275		5,081,787
*	Uni-Select, Inc.		242,884		5,706,020

TOTAL CONSUMER DISCRETIONARY					71,192,148

CONSUMER STAPLES — (4.0%)
#	Andrew Peller Ltd., Class A		168,200		885,091
*	CareRx Corp.		2,700		10,929
	Corby Spirit & Wine Ltd.		85,367		1,269,889
	High Liner Foods, Inc.		106,744		992,117
#	Jamieson Wellness, Inc.		254,326		6,394,527
#	KP Tissue, Inc.		47,200		410,403
#	Lassonde Industries, Inc., Class A		18,000		1,926,034
#	Maple Leaf Foods, Inc.		437,346		9,631,042
#	North West Co., Inc.		291,156		8,120,593
#	Premium Brands Holdings Corp.		189,209		15,447,196
	Primo Water Corp.		799,922		11,700,101
	Primo Water Corp.		84,925		1,243,302
#	Rogers Sugar, Inc.		693,819		3,299,914
# ,	SunOpta, Inc.		349,280		1,924,547

TOTAL CONSUMER STAPLES					63,255,685

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
ENERGY — (21.1%)
*	Advantage Energy Ltd.		1,194,867	$	9,980,090
#	Africa Oil Corp.		1,333,299		2,739,975
*	Athabasca Oil Corp.		2,177,410		4,169,563
*	Baytex Energy Corp.		949,094		4,853,888
#	Birchcliff Energy Ltd.		1,610,417		11,783,692
*	Calfrac Well Services Ltd.		3,700		14,516
#	Canacol Energy Ltd.		957,048		2,123,215
# *	Cardinal Energy Ltd.		466,476		2,487,338
	CES Energy Solutions Corp.		1,349,689		2,763,151
	Computer Modelling Group Ltd.		452,045		1,678,476
#	Crescent Point Energy Corp.		3,289,792		22,788,779
*	Crew Energy, Inc.		384,876		1,512,960
# *	Denison Mines Corp.		3,774,323		4,877,108
#	Enerflex Ltd.		491,865		3,392,304
# *	Energy Fuels, Inc.		249,392		1,879,198
#	Enerplus Corp.		1,323,108		16,210,851
*	Ensign Energy Services, Inc.		741,132		2,348,038
# *	Fission Uranium Corp.		1,962,000		1,328,720
#	Freehold Royalties Ltd.		645,441		7,526,335
*	Frontera Energy Corp.		270,637		2,913,564
*	Gear Energy Ltd.		201,778		234,032
#	Gibson Energy, Inc.		899,205		17,121,048
*	Gran Tierra Energy, Inc.		1,845,435		2,973,612
*	Greenlane Renewables, Inc.		17,100		12,246
# *	Headwater Exploration, Inc.		540,066		2,787,248
*	InPlay Oil Corp.		10,100		30,505
*	Kelt Exploration Ltd.		773,541		3,992,198
#	Keyera Corp.		331,609		8,226,660
*	Lightstream Resources Ltd.		687,816		0
*	MEG Energy Corp.		2,167,763		32,567,490
	North American Construction Group Ltd.		152,233		1,915,142
*	NuVista Energy Ltd.		1,111,528		9,483,008
	Paramount Resources Ltd., Class A		402,921		9,741,745
	Parex Resources, Inc.		774,607		15,098,400
#	Parkland Corp.		766,945		21,784,784
	Pason Systems, Inc.		413,044		5,211,881
#	Peyto Exploration & Development Corp.		965,837		9,841,440
	PHX Energy Services Corp.		102,328		554,395
*	Pine Cliff Energy Ltd.		87,000		104,293
#	PrairieSky Royalty Ltd.		1,124,067		15,426,226
*	Precision Drilling Corp.		79,933		5,753,425
# *	Questerre Energy Corp., Class A		797,460		124,152
	Secure Energy Services, Inc.		1,486,857		7,627,281
*	ShawCor Ltd.		380,070		1,437,855
*	Surge Energy, Inc.		13,859		106,153
	Tamarack Valley Energy Ltd.		1,165,080		4,561,828
	TerraVest Industries, Inc.		5,000		86,794
	Tidewater Midstream & Infrastructure Ltd.		1,358,267		1,332,204
*	Total Energy Services, Inc.		238,344		1,497,247
# *	Touchstone Exploration, Inc.		28,397		31,831
	TransGlobe Energy Corp.		9,567		41,808
*	Trican Well Service Ltd.		1,166,095		4,066,560
	Vermilion Energy, Inc.		949,975		18,508,311
#	Whitecap Resources, Inc.		3,102,755		25,432,618
# *	Yangarra Resources Ltd.		323,471		765,463

TOTAL ENERGY					335,851,644

FINANCIALS — (7.8%)
	AGF Management Ltd., Class B		340,548		1,868,885

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
FINANCIALS — (Continued)
#	Alaris Equity Partners Income		153,883	$	2,219,633
	Canaccord Genuity Group, Inc.		480,207		4,223,982
#	Canadian Western Bank		498,863		12,585,646
#	Chesswood Group Ltd.		56,542		595,943
	CI Financial Corp.		1,010,158		13,171,017
	Clairvest Group, Inc.		1,900		89,295
#	ECN Capital Corp.		2,458,149		11,136,440
	E-L Financial Corp. Ltd.		7,278		5,019,506
#	Element Fleet Management Corp.		2,115,548		18,888,674
	Equitable Group, Inc.		126,784		5,689,563
#	Fiera Capital Corp.		355,363		2,713,666
	Firm Capital Mortgage Investment Corp.		186,421		1,932,922
#	First National Financial Corp.		79,319		2,242,530
	goeasy Ltd.		61,859		5,552,455
# *	GoldMoney, Inc.		125,000		182,929
	Guardian Capital Group Ltd., Class A		92,714		2,389,570
#	Home Capital Group, Inc.		284,804		7,103,196
	Kingsway Financial Services, Inc.		13,070		73,586
#	Laurentian Bank of Canada		370,975		11,282,445
# *	RF Capital Group, Inc.		17,024		210,967
	Sprott, Inc.		133,740		6,159,095
	Timbercreek Financial Corp.		518,190		3,674,706
*	Trisura Group Ltd.		180,100		4,330,587
	VersaBank		3,400		34,459

TOTAL FINANCIALS					123,371,697

HEALTH CARE — (1.3%)
#	Andlauer Healthcare Group, Inc.		44,155		1,537,769
# ,	Aptose Biosciences, Inc.		75,121		89,226
# *	Aurora Cannabis, Inc.		763,275		2,313,827
# *	Canopy Growth Corp.		313,200		1,800,918
# *	Charlottes Web Holdings, Inc.		49,894		43,499
# *	Cronos Group, Inc.		373,190		1,127,034
#	Extendicare, Inc.		474,539		2,685,477
# *	HEXO Corp.		77,100		31,811
#	HLS Therapeutics, Inc.		18,704		199,467
# *	Knight Therapeutics, Inc.		771,843		3,202,369
#	Medical Facilities Corp.		164,317		1,270,126
*	Oncolytics Biotech, Inc.		33,485		44,200
*	Opsens, Inc.		6,100		9,022
# ,	Organigram Holdings, Inc.		1,127,585		1,594,095
#	Sienna Senior Living, Inc.		383,732		4,149,019
	Sundial Growers, Inc.		1,237,672		580,964
*	Valens Co., Inc.		9,500		9,244
*	Viemed Healthcare, Inc.		81,551		405,089
	Zenith Capital Corp.		111,820		20,150

TOTAL HEALTH CARE					21,113,306

INDUSTRIALS — (9.4%)
	Aecon Group, Inc.		337,674		3,934,908
#	AG Growth International, Inc.		124,923		3,781,774
	Algoma Central Corp.		48,800		655,656
*	ATS Automation Tooling Systems, Inc.		416,536		12,155,789
#	Badger Infrastructure Solutions Ltd.		176,344		4,083,785
# *	Ballard Power Systems, Inc.		224,377		1,862,329
#	Bird Construction, Inc.		275,572		1,844,798
	Black Diamond Group Ltd.		237,417		807,622
# *	Bombardier, Inc., Class A		349,750		389,322

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
INDUSTRIALS — (Continued)
# *	Bombardier, Inc., Class B		10,608,723	$	10,405,162
#	Boyd Group Services, Inc.		61,387		7,597,815
#	Calian Group Ltd.		54,792		3,024,831
	Dexterra Group, Inc.		168,743		928,667
# *	DIRTT Environmental Solutions		316,970		357,768
#	Doman Building Materials Group Ltd.		344,034		1,912,118
	Exchange Income Corp.		96,053		3,099,207
#	Finning International, Inc.		759,413		21,363,940
*	GDI Integrated Facility Services, Inc.		49,936		1,684,682
#	Hardwoods Distribution, Inc.		70,690		1,788,366
*	Heroux-Devtek, Inc.		243,053		2,898,511
*	IBI Group, Inc.		123,988		1,090,619
	K-Bro Linen, Inc.		62,086		1,523,334
#	LifeWorks, Inc.		389,068		5,724,038
	Magellan Aerospace Corp.		114,378		872,537
#	Mullen Group Ltd.		472,925		4,524,383
#	NFI Group, Inc.		340,794		3,127,670
*	Patriot One Technologies, Inc.		120,000		51,376
#	Richelieu Hardware Ltd.		316,493		8,984,937
#	Russel Metals, Inc.		345,023		9,195,958
#	Savaria Corp.		215,010		2,567,433
#	SNC-Lavalin Group, Inc.		796,610		17,716,224
	Stantec, Inc.		12,249		562,273
	Wajax Corp.		104,085		1,571,828
*	Westport Fuel Systems, Inc.		73,881		88,074
#	Westshore Terminals Investment Corp.		262,257		7,028,769

TOTAL INDUSTRIALS					149,206,503

INFORMATION TECHNOLOGY — (2.0%)
*	Celestica, Inc.		620,813		6,977,817
#	Enghouse Systems Ltd.		248,381		6,985,565
	Evertz Technologies Ltd.		148,543		1,626,902
*	Kinaxis, Inc.		88,481		9,791,351
# *	Lightspeed Commerce, Inc.		56,050		1,252,718
#	Quarterhill, Inc.		599,989		1,046,180
# *	Sierra Wireless, Inc.		231,848		3,651,022
	TECSYS, Inc.		14,563		295,874
	Vecima Networks, Inc.		6,059		76,642
*	VIQ Solutions, Inc.		9,600		11,209

TOTAL INFORMATION TECHNOLOGY					31,715,280

MATERIALS — (23.2%)
# *	5N Plus, Inc.		420,567		641,662
	Acadian Timber Corp.		65,067		953,732
#	AirBoss of America Corp.		94,697		2,293,987
	Alamos Gold, Inc.,Class A		2,207,323		17,147,717
	Altius Minerals Corp.		223,438		3,729,040
# *	Americas Gold & Silver Corp.		86,596		76,846
	Amerigo Resources Ltd.		227,887		282,054
# *	Argonaut Gold, Inc.		1,730,006		2,895,352
*	Ascot Resources Ltd.		71,438		49,492
*	Aya Gold & Silver, Inc.		16,800		105,143
	B2Gold Corp.		3,418,488		14,526,412
*	Calibre Mining Corp.		231,489		255,879
# *	Canfor Corp.		340,478		6,488,072
# *	Canfor Pulp Products, Inc.		138,951		611,118
# *	Capstone Copper Corp.		2,248,283		10,238,163
#	Cascades, Inc.		468,209		4,603,184

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
MATERIALS — (Continued)
	Centerra Gold, Inc.		1,153,585	$	10,676,938
	China Gold International Resources Corp. Ltd.		1,471,781		5,499,201
# *	Copper Mountain Mining Corp.		984,419		2,199,262
#	Dundee Precious Metals, Inc.		1,031,781		5,975,519
# ,	Eldorado Gold Corp.		966,848		9,394,129
# ,	Endeavour Silver Corp.		506,479		1,928,297
# *	Equinox Gold Corp.		1,286,872		9,175,611
# *	ERO Copper Corp.		302,222		4,345,184
#	First Majestic Silver Corp.		1,202,622		12,406,646
# *	First Mining Gold Corp.		749,400		148,754
# ,	Fortuna Silver Mines, Inc.		1,503,145		5,245,003
*	Freegold Ventures Ltd.		9,000		2,942
# *	Galiano Gold, Inc.		696,057		314,259
*	GoGold Resources, Inc.		149,509		294,444
*	Gold Standard Ventures Corp.		10,700		4,414
*	Great Panther Mining Ltd.		91,900		18,242
*	Hanfeng Evergreen, Inc.		45,837		0
#	Hudbay Minerals, Inc.		1,208,976		7,744,219
*	i-80 Gold Corp.		399,340		1,047,582
*	IAMGOLD Corp.		2,760,346		7,796,642
# *	Imperial Metals Corp.		381,250		1,098,062
#	Interfor Corp.		350,741		9,998,159
	Intertape Polymer Group, Inc.		300,915		9,310,996
*	Karora Resources, Inc.		501,231		2,575,117
#	Labrador Iron Ore Royalty Corp.		315,769		8,544,063
# ,	Largo, Inc.		70,585		590,162
# *	Lucara Diamond Corp.		1,615,273		779,566
# *	Lundin Gold, Inc.		163,692		1,318,812
# *	MAG Silver Corp.		283,288		4,175,728
*	Major Drilling Group International, Inc.		668,976		6,045,858
*	Mandalay Resources Corp.		464		1,292
# *	Marathon Gold Corp.		147,500		261,783
	Maverix Metals, Inc.		73,667		332,212
#	Methanex Corp.		340,999		17,096,498
#	Neo Performance Materials, Inc.		16,755		168,378
*	New Gold, Inc.		3,469,405		5,050,237
*	New Pacific Metals Corp.		1,200		3,864
	Newcrest Mining Ltd.		304,677		5,752,185
# *	Northern Dynasty Minerals Ltd.		76,877		26,331
*	Novo Resources Corp.		12,300		8,521
*	OceanaGold Corp.		3,780,713		9,417,570
*	Orbite Technologies, Inc.		73,500		0
#	Osisko Gold Royalties Ltd.		776,832		9,559,421
# *	Osisko Mining, Inc.		1,214,829		3,829,882
*	PolyMet Mining Corp.		64,208		203,923
*	Sabina Gold & Silver Corp.		1,438,714		1,478,303
#	Sandstorm Gold Ltd.		1,145,735		8,518,617
# *	Seabridge Gold, Inc.		333,519		5,892,169
	Sierra Metals, Inc.		6,100		6,161
# ,	SilverCrest Metals, Inc.		167,445		1,262,780
	SSR Mining, Inc.		1,044,891		22,988,052
	Stelco Holdings, Inc.		152,152		5,553,581
	Stella-Jones, Inc.		312,231		8,628,187
# *	Taseko Mines Ltd.		1,738,925		3,370,508
*	Torex Gold Resources, Inc.		462,518		5,177,293
#	Transcontinental, Inc., Class A		395,353		4,948,645
# *	Treasury Metals, Inc.		25,002		12,067
# *	Trevali Mining Corp.		255,929		203,205
# ,	Turquoise Hill Resources Ltd.		539,779		14,716,820

THE CANADIAN SMALL COMPANY SERIES

CONTINUED


		Shares		Value»
MATERIALS — (Continued)
*	Victoria Gold Corp.		23,206	$	252,897
# *	Wallbridge Mining Co. Ltd.		350,615		84,607
*	Wesdome Gold Mines Ltd.		730,491		7,454,744
*	Western Copper & Gold Corp.		27,900		53,209
#	Western Forest Products, Inc.		1,757,626		2,818,440
#	Winpak Ltd.		157,963		5,224,651
#	Yamana Gold, Inc.		4,560,486		25,164,074

TOTAL MATERIALS					369,072,771

REAL ESTATE — (2.7%)
#	Altus Group Ltd.		244,093		9,141,256
	Bridgemarq Real Estate Services		53,069		577,928
	DREAM Unlimited Corp., Class A		232,598		8,364,946
	Information Services Corp.		30,305		510,135
# *	Invesque, Inc.		191,266		248,646
*	Mainstreet Equity Corp.		31,349		2,921,010
	Melcor Developments Ltd.		55,340		664,692
	Morguard Corp.		22,684		2,228,405
# *	Real Matters, Inc.		350,220		1,243,143
#	Tricon Residential, Inc.		1,181,106		17,091,628

TOTAL REAL ESTATE					42,991,789

UTILITIES — (7.1%)
*	Altius Renewable Royalties Corp.		2,104		16,067
	Atco Ltd., Class I		394,442		14,053,330
#	Boralex, Inc., Class A		450,304		13,498,780
#	Brookfield Infrastructure Corp., Class A		214,895		15,247,483
	Capital Power Corp.		724,520		23,811,337
#	Innergex Renewable Energy, Inc.		735,133		9,842,592
*	Maxim Power Corp.		61,434		174,071
	Polaris Infrastructure, Inc.		107,795		1,576,669
#	Superior Plus Corp.		817,828		7,212,853
	TransAlta Corp.		8,389		90,014
	TransAlta Corp.		1,758,255		18,860,198
#	TransAlta Renewables, Inc.		588,980		8,170,026

TOTAL UTILITIES					112,553,420

TOTAL COMMON STOCKS					1,337,849,731

RIGHTS/WARRANTS — (0.0%)
ENERGY — (0.0%)
*	Cenovus Energy, Inc. Warrants 01/01/26		2,329		30,898

TOTAL INVESTMENT SECURITIES (Cost $1,062,996,162)					1,337,880,629


				Value†
SECURITIES LENDING COLLATERAL — (15.8%)
@ §	The DFA Short Term Investment Fund		21,743,347		251,505,294

TOTAL INVESTMENTS — (100.0%) (Cost $1,314,498,672)				$	1,589,385,923

»	Securities that have been fair value factored. See Note B to Financial Statements.

*	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.

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

Summary of the Series’ investments as of April 30, 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	$	17,525,488		—		—	$	17,525,488
Consumer Discretionary		71,192,148		—		—		71,192,148
Consumer Staples		63,255,685		—		—		63,255,685
Energy		335,851,644		—		—		335,851,644
Financials		123,371,697		—		—		123,371,697
Health Care		20,512,192	$	601,114		—		21,113,306
Industrials		149,206,503		—		—		149,206,503
Information Technology		31,715,280		—		—		31,715,280
Materials		369,072,771		—		—		369,072,771
Real Estate		42,991,789		—		—		42,991,789
Utilities		112,553,420		—		—		112,553,420
Rights/Warrants
Energy		—		30,898		—		30,898
Securities Lending Collateral		—		251,505,294		—		251,505,294

TOTAL	$	1,337,248,617	$	252,137,306		—	$	1,589,385,923

See accompanying Notes to Financial Statements.

THE EMERGING MARKETS SERIES

SCHEDULE OF INVESTMENTS

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (97.8%)
BRAZIL — (4.0%)
	Ambev SA, ADR		1,642,569	$	4,779,876
	Americanas SA		302,983		1,470,804
	Atacadao SA		554,889		2,308,694
	B3 SA - Brasil Bolsa Balcao		2,736,371		7,361,267
	Banco Bradesco SA		792,418		2,389,780
	Banco BTG Pactual SA		541,804		2,530,417
	Banco do Brasil SA		396,250		2,662,532
	Banco Inter SA		78,934		81,425
	Banco Santander Brasil SA		214,624		1,378,313
	BB Seguridade Participacoes SA		353,143		1,816,448
	Braskem SA, Sponsored ADR		67,098		1,097,723
*	BRF SA		873,661		2,399,765
	CCR SA		1,291,886		3,242,813
	Centrais Eletricas Brasileiras SA		133,977		1,096,975
	Cia de Saneamento Basico do Estado de Sao Paulo		288,020		2,594,187
#	Cia de Saneamento Basico do Estado de Sao Paulo, ADR		40,965		368,275
	Cia Energetica de Minas Gerais		166,025		643,085
	Cia Paranaense de Energia		21,800		28,750
#	Cia Paranaense de Energia, Sponsored ADR		17,400		126,324
	Cia Paranaense de Energia		39,800		289,004
#	Cia Siderurgica Nacional SA, Sponsored ADR		545,056		2,294,686
	Cia Siderurgica Nacional SA		201,965		860,729
	Cosan SA		519,496		2,206,619
	CPFL Energia SA		146,500		1,071,203
	Energisa SA		228,135		2,198,313
*	Eneva SA		222,000		616,074
	Engie Brasil Energia SA		142,776		1,210,027
	Equatorial Energia SA		966,386		5,011,810
	Gerdau SA, Sponsored ADR		750,154		4,253,373
	Getnet Adquirencia e Servicos para Meios de Pagamento SA		53,656		36,140
W	Hapvida Participacoes e Investimentos SA		1,340,431		2,377,772
	Hypera SA		368,936		2,792,420
	Itau Unibanco Holding SA		217,203		882,176
	JBS SA		874,000		6,691,188
	Klabin SA		1,043,990		4,379,565
	Localiza Rent a Car SA		229,414		2,456,574
	Lojas Renner SA		699,567		3,360,616
	Magazine Luiza SA		1,102,502		1,088,241
	Natura & Co. Holding SA		519,291		1,952,613
	Neoenergia SA		95,100		361,245
*	Petro Rio SA		551,205		2,976,805
	Petroleo Brasileiro SA, Sponsored ADR		1,074,998		13,190,226
	Petroleo Brasileiro SA, Sponsored ADR		227,883		3,092,372
	Petroleo Brasileiro SA		2,733,556		18,489,287
	Porto Seguro SA		149,774		616,491
	Raia Drogasil SA		453,385		1,919,386
	Rumo SA		1,196,224		3,960,838
	Sendas Distribuidora SA		848,688		2,622,994
	Suzano SA		450,507		4,520,606
#	Suzano SA, Sponsored ADR		10,979		110,887
	Telefonica Brasil SA		248,062		2,668,801
	TIM SA		1,144,280		3,119,954
	TOTVS SA		323,491		2,091,851
	Ultrapar Participacoes SA		204,563		540,790
	Usinas Siderurgicas de Minas Gerais SA Usiminas		40,000		85,114

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
BRAZIL — (Continued)
	Vale SA, Sponsored ADR		332,416	$	5,614,515
	Vale SA		2,635,313		44,396,724
	Vibra Energia SA		835,121		3,567,543
	WEG SA		591,966		3,604,037
*	XP, Inc., BDR		37,807		936,934

TOTAL BRAZIL					202,893,996

CHILE — (0.5%)
	Banco de Chile, ADR		121,969		2,449,123
	Banco de Credito e Inversiones SA		44,964		1,391,482
	Banco Santander Chile, ADR		78,503		1,526,098
	CAP SA		95,505		1,184,573
	Cencosud SA		2,153,750		3,447,475
	Cencosud Shopping SA		323,343		328,022
	Cia Cervecerias Unidas SA		22,536		150,635
	Cia Cervecerias Unidas SA, Sponsored ADR		22,534		300,603
	Cia Sud Americana de Vapores SA		15,213,678		1,719,826
	Embotelladora Andina SA, ADR, Class B		24,029		257,351
	Empresa Nacional de Telecomunicaciones SA		125,159		457,186
	Empresas CMPC SA		922,978		1,375,657
	Empresas COPEC SA		227,255		1,670,914
#	Enel Americas SA, ADR		241,710		1,285,898
	Enel Chile SA, ADR		275,342		368,958
	Falabella SA		319,590		897,577
	Itau CorpBanca Chile SA		31,276,064		63,817
	Plaza SA		228,768		212,307
	Sociedad Quimica y Minera de Chile SA, Sponsored ADR		89,320		6,591,816

TOTAL CHILE					25,679,318

CHINA — (26.6%)
*	360 Security Technology, Inc., Class A		409,600		504,548
	37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		154,463		559,389
# *	51job, Inc., ADR		36,065		2,194,555
	AECC Aero-Engine Control Co. Ltd., Class A		68,057		245,243
	AECC Aviation Power Co. Ltd., Class A		79,700		453,790
#	Agile Group Holdings Ltd.		2,346,000		1,123,475
	Agricultural Bank of China Ltd., Class H		14,534,000		5,451,148
	Aier Eye Hospital Group Co. Ltd., Class A		226,236		1,221,046
*	Air China Ltd., Class H		1,158,000		780,542
*	Alibaba Group Holding Ltd., Sponsored ADR		854,378		82,951,560
*	Alibaba Group Holding Ltd.		714,100		8,710,362
# *	Alibaba Health Information Technology Ltd.		2,422,000		1,364,613
*	Aluminum Corp. of China Ltd., ADR		6,024		67,951
*	Aluminum Corp. of China Ltd., Class H		7,864,000		3,606,269
*	Amlogic Shanghai Co. Ltd., Class A		3,657		59,448
	Angang Steel Co. Ltd., Class H		468,000		204,718
	Angel Yeast Co. Ltd., Class A		72,000		417,821
	Anhui Conch Cement Co. Ltd., Class H		1,881,000		10,221,412
	Anhui Gujing Distillery Co. Ltd., Class A		19,916		586,858
	Anhui Honglu Steel Construction Group Co. Ltd., Class A		52,819		288,804
	Anhui Jinhe Industrial Co. Ltd., Class A		27,900		159,648
	Anhui Kouzi Distillery Co. Ltd., Class A		71,000		548,691
	Anhui Yingjia Distillery Co. Ltd., Class A		38,000		329,046
	Anjoy Foods Group Co. Ltd., Class A		14,400		281,851
	Anker Innovations Technology Co. Ltd., Class A		19,400		166,181
	ANTA Sports Products Ltd.		612,400		7,037,999
	Apeloa Pharmaceutical Co. Ltd., Class A		136,420		384,293
*	Asia - Potash International Investment Guangzhou Co. Ltd., Class A		4,600		24,703

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Asymchem Laboratories Tianjin Co. Ltd., Class A		7,700	$	309,730
	Autobio Diagnostics Co. Ltd., Class A		47,984		331,910
	Avary Holding Shenzhen Co. Ltd., Class A		112,776		499,604
	AVIC Electromechanical Systems Co. Ltd., Class A		155,700		232,335
	AVIC Industry-Finance Holdings Co. Ltd., Class A		327,700		190,272
	AVICOPTER PLC, Class A		22,704		146,096
	Bafang Electric Suzhou Co. Ltd., Class A		6,600		153,756
*	Baidu, Inc., Sponsored ADR		88,226		10,955,022
*	Baidu, Inc., Class A		783,900		12,498,268
	Bank of Beijing Co. Ltd., Class A		1,062,508		734,515
	Bank of Changsha Co. Ltd., Class A		436,484		490,002
	Bank of Chengdu Co. Ltd., Class A		347,250		879,427
	Bank of China Ltd., Class H		43,912,181		17,230,369
	Bank of Communications Co. Ltd., Class H		8,935,515		6,218,125
	Bank of Guiyang Co. Ltd., Class A		348,995		324,485
	Bank of Hangzhou Co. Ltd., Class A		352,304		811,529
	Bank of Jiangsu Co. Ltd., Class A		742,270		820,025
	Bank of Nanjing Co. Ltd., Class A		454,780		796,178
	Bank of Ningbo Co. Ltd., Class A		317,342		1,733,548
	Bank of Shanghai Co. Ltd., Class A		713,983		701,001
	Bank of Suzhou Co. Ltd., Class A		68,900		75,097
	Baoshan Iron & Steel Co. Ltd., Class A		1,014,500		987,298
# *	BeiGene Ltd., ADR		741		118,560
# *	BeiGene Ltd.		196,700		2,466,663
	Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A		2,900		30,194
	Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A		818,160		360,088
	Beijing Dabeinong Technology Group Co. Ltd., Class A		404,252		437,144
	Beijing Easpring Material Technology Co. Ltd., Class A		23,300		233,488
	Beijing Enlight Media Co. Ltd., Class A		258,706		283,531
	Beijing Kingsoft Office Software, Inc., Class A		6,588		187,196
	Beijing New Building Materials PLC, Class A		172,803		756,119
	Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A		132,362		906,509
	Beijing Originwater Technology Co. Ltd., Class A		293,800		207,536
	Beijing Roborock Technology Co. Ltd., Class A		3,924		340,123
	Beijing Shiji Information Technology Co. Ltd., Class A		87,729		237,846
	Beijing Shougang Co. Ltd., Class A		257,300		185,199
	Beijing Sinnet Technology Co. Ltd., Class A		40,700		59,168
	Beijing Tiantan Biological Products Corp. Ltd., Class A		64,347		191,179
	Beijing Tongrentang Co. Ltd., Class A		36,400		200,555
	Beijing United Information Technology Co. Ltd., Class A		13,900		202,292
	Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A		17,400		308,210
	Beijing-Shanghai High Speed Railway Co. Ltd., Class A		1,062,900		737,311
	Bethel Automotive Safety Systems Co. Ltd., Class A		19,400		167,102
	Betta Pharmaceuticals Co. Ltd., Class A		19,406		125,817
	BGI Genomics Co. Ltd., Class A		34,100		324,577
*	Bilibili, Inc., Class Z		112,880		2,748,500
	Bloomage Biotechnology Corp. Ltd., Class A		6,559		133,572
	BOC International China Co. Ltd., Class A		179,500		337,065
	BOE Technology Group Co. Ltd., Class A		2,001,800		1,146,963
#	Bosideng International Holdings Ltd.		3,082,000		1,537,211
*	BTG Hotels Group Co. Ltd., Class A		75,200		266,613
	BYD Co. Ltd., Class H		403,886		11,753,778
#	BYD Electronic International Co. Ltd.		1,340,000		2,671,088
	By-health Co. Ltd., Class A		124,793		378,082
	Caitong Securities Co. Ltd., Class A		547,690		586,968
* W	CanSino Biologics, Inc., Class H		4,600		48,811
	CECEP Solar Energy Co. Ltd., Class A		241,000		242,544
	CECEP Wind-Power Corp., Class A		381,200		230,685
	Centre Testing International Group Co. Ltd., Class A		27,300		89,956

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
W	CGN Power Co. Ltd., Class H		4,899,000	$	1,376,636
	Chacha Food Co. Ltd., Class A		31,000		248,827
	Changchun High & New Technology Industry Group, Inc., Class A		30,400		719,347
	Changjiang Securities Co. Ltd., Class A		435,670		363,702
	Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A		19,500		376,303
	Chaozhou Three-Circle Group Co. Ltd., Class A		139,705		603,772
	Chengtun Mining Group Co. Ltd., Class A		229,600		240,192
*	Chengxin Lithium Group Co. Ltd., Class A		32,529		216,156
*	Chifeng Jilong Gold Mining Co. Ltd., Class A		203,200		564,384
	China Baoan Group Co. Ltd., Class A		146,334		197,580
	China Cinda Asset Management Co. Ltd., Class H		3,106,000		523,749
	China CITIC Bank Corp. Ltd., Class H		9,190,928		4,671,284
	China Coal Energy Co. Ltd., Class H		4,109,777		3,459,880
†† ^	China Common Rich Renewable Energy Investments Ltd.		5,416,000		647,063
*	China Conch Environment Protection Holdings Ltd.		1,669,000		1,429,295
	China Conch Venture Holdings Ltd.		1,669,000		4,334,012
	China Construction Bank Corp., Class H		57,039,590		40,634,947
	China CSSC Holdings Ltd., Class A		45,800		108,373
*	China Eastern Airlines Corp. Ltd., ADR		11,268		189,302
*	China Eastern Airlines Corp. Ltd., Class H		1,516,000		510,512
*	China Energy Engineering Corp. Ltd.		2,502,823		911,591
	China Everbright Bank Co. Ltd., Class H		3,983,000		1,442,912
W	China Feihe Ltd.		4,995,000		4,749,085
	China Galaxy Securities Co. Ltd., Class H		5,155,500		2,804,194
	China Gas Holdings Ltd.		6,299,200		7,678,516
	China Great Wall Securities Co. Ltd., Class A		196,900		243,948
	China Greatwall Technology Group Co. Ltd., Class A		182,800		248,230
	China Hongqiao Group Ltd.		4,665,000		5,804,329
W	China International Capital Corp. Ltd., Class H		1,813,600		3,635,129
#	China International Marine Containers Group Co. Ltd., Class H		670,120		921,652
	China Jushi Co. Ltd., Class A		396,469		938,356
#	China Life Insurance Co. Ltd., ADR		434,222		3,113,372
	China Life Insurance Co. Ltd., Class H		1,945,000		2,826,419
* W	China Literature Ltd.		337,200		1,416,955
	China Longyuan Power Group Corp. Ltd., Class H		1,404,000		2,708,053
	China Mengniu Dairy Co. Ltd.		1,552,000		8,376,173
	China Merchants Bank Co. Ltd., Class H		2,789,554		16,813,324
	China Merchants Energy Shipping Co. Ltd., Class A		607,440		468,769
	China Merchants Port Holdings Co. Ltd.		48,000		83,798
W	China Merchants Securities Co. Ltd., Class H		520,660		538,513
	China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		325,873		774,369
	China Minmetals Rare Earth Co. Ltd., Class A		41,491		144,562
#	China Minsheng Banking Corp. Ltd., Class H		4,818,600		1,827,180
	China Molybdenum Co. Ltd., Class H		5,202,966		2,587,426
	China National Building Material Co. Ltd., Class H		10,930,000		14,545,771
	China National Nuclear Power Co. Ltd., Class A		1,023,390		1,097,035
	China Northern Rare Earth Group High-Tech Co. Ltd., Class A		133,500		634,001
	China Oilfield Services Ltd., Class H		2,650,000		2,712,962
	China Overseas Land & Investment Ltd.		5,735,000		17,717,008
	China Pacific Insurance Group Co. Ltd., Class H		2,832,600		6,279,797
	China Petroleum & Chemical Corp., ADR		52,089		2,536,720
	China Petroleum & Chemical Corp., Class H		12,896,800		6,312,618
	China Railway Group Ltd., Class H		4,311,000		3,019,263
W	China Railway Signal & Communication Corp. Ltd., Class H		2,339,000		784,445
	China Resources Beer Holdings Co. Ltd.		859,611		5,049,216
	China Resources Cement Holdings Ltd.		4,938,000		4,097,239
	China Resources Gas Group Ltd.		1,798,000		6,755,782
	China Resources Land Ltd.		4,798,666		21,431,862
	China Resources Microelectronics Ltd., Class A		28,998		211,553

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	China Resources Power Holdings Co. Ltd.		1,598,517	$	3,005,738
	China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		110,058		614,444
	China Shenhua Energy Co. Ltd., Class H		2,649,500		8,464,767
*	China Southern Airlines Co. Ltd., Sponsored ADR		6,512		176,019
# *	China Southern Airlines Co. Ltd., Class H		1,716,000		958,364
	China Southern Power Grid Energy Efficiency&Clean Energy Co. Ltd.,
	Class A		58,400		50,532
	China State Construction Engineering Corp. Ltd., Class A		1,922,400		1,825,266
	China Suntien Green Energy Corp. Ltd., Class H		673,000		379,922
	China Taiping Insurance Holdings Co. Ltd.		2,445,106		2,795,405
	China Tourism Group Duty Free Corp. Ltd., Class A		91,500		2,490,231
W	China Tower Corp. Ltd., Class H		65,984,000		7,700,939
	China Vanke Co. Ltd., Class H		2,747,520		6,478,650
	China Yangtze Power Co. Ltd., Class A		748,847		2,574,051
	China Zhenhua Group Science & Technology Co. Ltd., Class A		36,400		579,121
	China Zheshang Bank Co. Ltd., Class H		82,000		34,732
*	Chongqing Brewery Co. Ltd., Class A		21,500		406,086
	Chongqing Changan Automobile Co. Ltd., Class A		338,300		530,833
	Chongqing Rural Commercial Bank Co. Ltd., Class H		2,634,000		1,022,777
	Chongqing Zhifei Biological Products Co. Ltd., Class A		83,314		1,189,581
	CIFI Holdings Group Co. Ltd.		3,884,150		1,868,344
	CITIC Ltd.		4,725,000		4,888,056
	CITIC Securities Co. Ltd., Class H		2,373,300		5,214,456
	CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A		144,300		159,549
	CNOOC Energy Technology & Services Ltd., Class A		451,700		162,059
	Contemporary Amperex Technology Co. Ltd., Class A		61,920		3,785,419
# *	COSCO SHIPPING Holdings Co. Ltd., Class H		3,966,299		6,170,614
#	Country Garden Holdings Co. Ltd.		12,388,067		8,568,534
#	Country Garden Services Holdings Co. Ltd.		891,492		3,757,443
W	CSC Financial Co. Ltd., Class H		838,500		771,984
	CSPC Pharmaceutical Group Ltd.		11,723,200		11,985,161
	Daan Gene Co. Ltd., Class A		171,580		467,555
W	Dali Foods Group Co. Ltd.		4,344,000		2,210,675
	Daqin Railway Co. Ltd., Class A		883,060		890,529
	DaShenLin Pharmaceutical Group Co. Ltd., Class A		105,675		421,457
	Datang International Power Generation Co. Ltd., Class H		2,826,000		454,573
	DHC Software Co. Ltd., Class A		290,300		253,873
	Do-Fluoride Chemicals Co. Ltd., Class A		45,609		215,628
	Dong-E-E-Jiao Co. Ltd., Class A		42,611		194,893
	Dongfang Electric Corp. Ltd., Class H		305,200		328,257
	Dongfeng Motor Group Co. Ltd., Class H		1,426,000		1,040,260
	Dongxing Securities Co. Ltd., Class A		323,718		401,247
	East Money Information Co. Ltd., Class A		390,528		1,331,653
	Ecovacs Robotics Co. Ltd., Class A		14,400		233,861
	ENN Energy Holdings Ltd.		390,000		5,224,079
	ENN Natural Gas Co. Ltd., Class A		245,000		606,120
	Eve Energy Co. Ltd., Class A		38,105		373,011
# W	Everbright Securities Co. Ltd., Class H		465,200		287,359
	Fangda Carbon New Material Co. Ltd., Class A		374,324		398,207
	FAW Jiefang Group Co. Ltd.		112,300		137,532
	First Capital Securities Co. Ltd., Class A		320,000		266,956
	Flat Glass Group Co. Ltd., Class H		396,000		1,416,026
	Focus Media Information Technology Co. Ltd., Class A		727,597		638,960
	Foshan Haitian Flavouring & Food Co. Ltd., Class A		176,023		2,164,709
	Fosun International Ltd.		3,259,222		3,434,866
	Founder Securities Co. Ltd., Class A		411,200		379,074
	Foxconn Industrial Internet Co. Ltd., Class A		132,900		191,028
	Fujian Funeng Co. Ltd., Class A		41,700		79,308
*	Fujian Sunner Development Co. Ltd., Class A		154,563		380,371

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
W	Fuyao Glass Industry Group Co. Ltd., Class H		754,800	$	3,083,881
	Gan & Lee Pharmaceuticals Co. Ltd., Class A		25,740		164,835
# W	Ganfeng Lithium Co. Ltd., Class H		108,200		1,295,069
	G-bits Network Technology Xiamen Co. Ltd., Class A		11,400		579,878
	GCL Energy Technology Co. Ltd.		118,400		230,660
# *	GCL Technology Holdings Ltd.		20,189,000		6,377,480
	GD Power Development Co. Ltd., Class A		229,600		104,442
# *	GDS Holdings Ltd., ADR		45,771		1,438,125
*	GDS Holdings Ltd., Class A		399,000		1,602,664
	Geely Automobile Holdings Ltd.		8,279,000		12,800,897
	GEM Co. Ltd., Class A		143,076		145,043
	Gemdale Corp., Class A		343,800		746,377
	GF Securities Co. Ltd., Class H		1,068,800		1,335,844
	Gigadevice Semiconductor Beijing, Inc., Class A		12,574		234,017
	Ginlong Technologies Co. Ltd., Class A		12,550		363,563
	GoerTek, Inc., Class A		198,500		1,044,427
	Gongniu Group Co. Ltd., Class A		4,200		90,685
*	Gotion High-tech Co. Ltd., Class A		68,900		277,243
	Great Wall Motor Co. Ltd., Class H		1,770,500		2,479,455
	Gree Electric Appliances, Inc. of Zhuhai, Class A		160,333		755,229
	Greenland Holdings Corp. Ltd., Class A		630,275		458,395
	GRG Banking Equipment Co. Ltd., Class A		284,000		365,419
	Guangdong Haid Group Co. Ltd., Class A		81,400		758,594
*	Guangdong HEC Technology Holding Co. Ltd., Class A		116,900		110,908
	Guangdong Investment Ltd.		2,600,000		3,328,889
	Guangdong Kinlong Hardware Products Co. Ltd., Class A		13,700		160,733
*	Guanghui Energy Co. Ltd., Class A		764,600		1,025,951
	Guangxi Guiguan Electric Power Co. Ltd., Class A		34,400		29,634
	Guangzhou Automobile Group Co. Ltd., Class H		2,529,162		2,144,466
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		190,000		490,102
	Guangzhou Haige Communications Group, Inc. Co., Class A		222,052		303,911
	Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		40,301		495,675
	Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		34,000		394,553
	Guangzhou Tinci Materials Technology Co. Ltd., Class A		35,220		395,094
	Guangzhou Wondfo Biotech Co. Ltd., Class A		19,400		127,688
	Guangzhou Yuexiu Financial Holdings Group Co. Ltd., Class A		225,855		250,568
	Guosen Securities Co. Ltd., Class A		186,700		272,723
* W	Guotai Junan Securities Co. Ltd., Class H		474,400		612,150
	Guoyuan Securities Co. Ltd., Class A		512,240		465,510
	Haier Smart Home Co. Ltd., Class A		258,200		1,004,576
	Haier Smart Home Co. Ltd., Class H		2,379,400		8,405,930
	Haitong Securities Co. Ltd., Class H		2,434,800		1,700,399
	Hangjin Technology Co. Ltd., Class A		18,700		79,976
	Hangzhou First Applied Material Co. Ltd., Class A		32,365		449,638
	Hangzhou Lion Electronics Co. Ltd., Class A		8,584		66,928
	Hangzhou Oxygen Plant Group Co. Ltd., Class A		132,600		522,556
	Hangzhou Robam Appliances Co. Ltd., Class A		111,100		517,436
	Hangzhou Silan Microelectronics Co. Ltd., Class A		18,600		116,253
	Hangzhou Tigermed Consulting Co. Ltd., Class A		12,100		162,615
W	Hangzhou Tigermed Consulting Co. Ltd., Class H		51,400		498,143
	Han’s Laser Technology Industry Group Co. Ltd., Class A		128,617		535,489
W	Hansoh Pharmaceutical Group Co. Ltd.		888,000		1,462,650
	Haohua Chemical Science & Technology Co. Ltd., Class A		30,000		147,546
	Hefei Meiya Optoelectronic Technology, Inc., Class A		64,843		221,623
	Heilongjiang Agriculture Co. Ltd., Class A		174,805		371,999
	Henan Shuanghui Investment & Development Co. Ltd., Class A		281,129		1,263,206
	Hengan International Group Co. Ltd.		1,126,500		5,323,639
	Hengdian Group DMEGC Magnetics Co. Ltd., Class A		178,421		410,261
	Hengli Petrochemical Co. Ltd., Class A		403,700		1,270,525

THE EMERGING MARKETS SERIES

CONTINUED


			Shares		Value»
CHINA — (Continued)
		Hengtong Optic-electric Co. Ltd., Class A		12,100	$	18,350
		Hengyi Petrochemical Co. Ltd., Class A		347,388		400,446
		Hesteel Co. Ltd., Class A		990,453		348,371
	��	Hithink RoyalFlush Information Network Co. Ltd., Class A		31,881		393,555
		Hongfa Technology Co. Ltd., Class A		43,493		317,295
		Hongta Securities Co. Ltd., Class A		96,320		130,717
		Hopson Development Holdings Ltd.		177,210		341,678
* W		Hua Hong Semiconductor Ltd.		316,000		1,227,113
		Huaan Securities Co. Ltd., Class A		249,210		163,654
		Huadong Medicine Co. Ltd., Class A		114,300		586,729
		Huafon Chemical Co. Ltd., Class A		485,983		569,802
		Huagong Tech Co. Ltd., Class A		50,100		126,798
		Huaibei Mining Holdings Co. Ltd., Class A		247,300		528,416
		Hualan Biological Engineering, Inc., Class A		155,500		391,287
#		Huaneng Power International, Inc., Sponsored ADR		27,644		549,010
		Huaneng Power International, Inc., Class H		1,882,000		945,412
W		Huatai Securities Co. Ltd., Class H		1,361,000		1,870,600
		Huaxi Securities Co. Ltd., Class A		159,100		167,352
		Huaxia Bank Co. Ltd., Class A		644,456		531,244
		Huaxin Cement Co. Ltd., Class A		206,300		681,572
		Huayu Automotive Systems Co. Ltd., Class A		235,900		695,812
		Huazhu Group Ltd., ADR		102,031		3,085,417
		Hubei Energy Group Co. Ltd., Class A		199,271		123,529
		Hubei Xingfa Chemicals Group Co. Ltd., Class A		112,400		540,451
		Huizhou Desay Sv Automotive Co. Ltd., Class A		16,600		297,612
		Humanwell Healthcare Group Co. Ltd., Class A		141,200		333,465
		Hunan Valin Steel Co. Ltd., Class A		1,237,900		1,085,282
		Hunan Zhongke Electric Co. Ltd., Class A		17,500		68,142
		Hundsun Technologies, Inc., Class A		48,792		280,510
		Iflytek Co. Ltd., Class A		70,100		389,228
		Imeik Technology Development Co. Ltd., Class A		3,800		295,597
		Industrial & Commercial Bank of China Ltd., Class H		30,774,185		18,550,872
		Industrial Bank Co. Ltd., Class A		643,039		1,983,205
		Industrial Securities Co. Ltd., Class A		501,960		491,391
		Ingenic Semiconductor Co. Ltd., Class A		10,800		120,223
*		Inner Mongolia BaoTou Steel Union Co. Ltd., Class A		1,386,020		391,930
		Inner Mongolia Dian Tou Energy Corp. Ltd., Class A		175,400		384,026
		Inner Mongolia ERDOS Resources Co. Ltd., Class A		103,600		444,971
		Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd.,
		Class A		810,103		534,014
		Inner Mongolia Yili Industrial Group Co. Ltd., Class A		318,000		1,848,302
*		Inner Mongolia Yuan Xing Energy Co. Ltd., Class A		312,300		398,483
* W		Innovent Biologics, Inc.		519,500		1,611,198
		Inspur Electronic Information Industry Co. Ltd., Class A		58,384		217,046
		Intco Medical Technology Co. Ltd., Class A		74,535		324,021
		JA Solar Technology Co. Ltd., Class A		50,788		619,917
		Jafron Biomedical Co. Ltd., Class A		92,965		580,396
		Jason Furniture Hangzhou Co. Ltd., Class A		51,600		452,516
		JCET Group Co. Ltd., Class A		185,200		599,863
*		JD.com, Inc., ADR		124,763		7,692,887
*		JD.com, Inc., Class A		426,721		13,304,536
		Jiangsu Eastern Shenghong Co. Ltd., Class A		138,440		255,228
		Jiangsu Expressway Co. Ltd., Class H		1,020,000		1,007,737
		Jiangsu GoodWe Power Supply Technology Co. Ltd., Class A		4,646		119,591
		Jiangsu Hengli Hydraulic Co. Ltd., Class A		70,098		485,239
		Jiangsu Hengrui Medicine Co. Ltd., Class A		215,455		959,859
		Jiangsu King’s Luck Brewery JSC Ltd., Class A		85,912		580,600
		Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A		90,900		183,582
		Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		67,290		1,610,815

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Jiangsu Yangnong Chemical Co. Ltd., Class A		29,505	$	584,441
	Jiangsu Yoke Technology Co. Ltd., Class A		27,000		182,389
	Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		84,400		304,363
	Jiangsu Zhongtian Technology Co. Ltd., Class A		243,200		595,899
	Jiangxi Copper Co. Ltd., Class H		1,535,000		2,401,085
*	Jilin Electric Power Co. Ltd., Class A		127,000		120,016
	Jinke Properties Group Co. Ltd., Class A		296,700		201,429
	JiuGui Liquor Co. Ltd., Class A		11,500		259,659
	Jizhong Energy Resources Co. Ltd., Class A		153,000		174,302
	JL Mag Rare-Earth Co. Ltd., Class A		40,600		160,893
	Joincare Pharmaceutical Group Industry Co. Ltd., Class A		194,455		327,225
	Joinn Laboratories China Co. Ltd., Class A		16,240		243,130
	Jointown Pharmaceutical Group Co. Ltd., Class A		227,867		442,128
	Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A		45,900		173,121
	Juewei Food Co. Ltd., Class A		51,044		338,006
	Juneyao Airlines Co. Ltd., Class A		141,100		260,030
	Keboda Technology Co. Ltd., Class A		8,000		50,195
*	Kingdee International Software Group Co. Ltd.		1,407,000		2,871,114
	Kingfa Sci & Tech Co. Ltd., Class A		391,887		489,422
	Kingsoft Corp. Ltd.		895,000		2,685,902
*	Kuang-Chi Technologies Co. Ltd., Class A		102,600		205,049
	Kunlun Energy Co. Ltd.		5,908,000		4,902,971
	Kweichow Moutai Co. Ltd., Class A		55,993		15,503,206
	KWG Living Group Holdings Ltd.		421,250		158,485
	LB Group Co. Ltd., Class A		223,200		613,728
	Lenovo Group Ltd.		11,599,278		11,262,930
	Lens Technology Co. Ltd., Class A		316,800		483,488
	Lepu Medical Technology Beijing Co. Ltd., Class A		180,977		465,563
*	Li Auto, Inc., ADR		128,166		2,874,763
	Li Ning Co. Ltd.		1,311,000		10,218,153
*	Lingyi iTech Guangdong Co., Class A		716,318		460,549
W	Longfor Group Holdings Ltd.		2,447,500		12,121,446
	LONGi Green Energy Technology Co. Ltd., Class A		239,920		2,433,501
	Longshine Technology Group Co. Ltd., Class A		6,608		20,905
	Luxi Chemical Group Co. Ltd., Class A		293,600		811,222
	Luxshare Precision Industry Co. Ltd., Class A		308,224		1,429,388
	Luzhou Laojiao Co. Ltd., Class A		73,529		2,333,455
	Mango Excellent Media Co. Ltd., Class A		176,292		946,979
*	Meinian Onehealth Healthcare Holdings Co. Ltd., Class A		254,457		191,734
* W	Meituan, Class B		1,133,000		24,276,106
	Metallurgical Corp. of China Ltd., Class H		4,159,000		1,064,789
	Microport Scientific Corp.		65,903		129,536
	Midea Group Co. Ltd., Class A		479,784		4,117,945
	Ming Yang Smart Energy Group Ltd., Class A		150,904		500,548
	Montage Technology Co. Ltd., Class A		22,233		194,367
	Muyuan Foods Co. Ltd., Class A		299,687		2,351,709
	Nanjing Hanrui Cobalt Co. Ltd., Class A		21,947		168,695
	Nanjing Iron & Steel Co. Ltd., Class A		188,200		101,793
	Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A		88,854		346,352
	Nanjing Securities Co. Ltd., Class A		432,700		485,648
	NARI Technology Co. Ltd., Class A		207,960		999,845
*	National Silicon Industry Group Co. Ltd., Class A		41,191		128,687
	NAURA Technology Group Co. Ltd., Class A		10,700		381,580
*	NavInfo Co. Ltd., Class A		185,350		346,809
	NetEase, Inc., ADR		193,704		18,465,802
	NetEase, Inc.		27,400		524,854
	New China Life Insurance Co. Ltd., Class H		1,684,100		4,266,999
*	New Hope Liuhe Co. Ltd., Class A		270,500		572,493
	Nine Dragons Paper Holdings Ltd.		3,293,000		2,908,162

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Ninestar Corp., Class A		71,051	$	437,552
	Ningbo Joyson Electronic Corp., Class A		126,400		207,297
	Ningbo Orient Wires & Cables Co. Ltd., Class A		48,842		346,786
	Ningbo Tuopu Group Co. Ltd., Class A		75,148		587,389
	Ningbo Zhoushan Port Co. Ltd., Class A		449,700		265,438
	Ningxia Baofeng Energy Group Co. Ltd., Class A		320,300		680,170
*	NIO, Inc., ADR		368,459		6,153,265
*	North Industries Group Red Arrow Co. Ltd., Class A		55,100		173,547
*	Offcn Education Technology Co. Ltd., Class A		80,212		55,225
*	OFILM Group Co. Ltd., Class A		214,300		178,703
	Oppein Home Group, Inc., Class A		38,695		681,712
W	Orient Securities Co. Ltd., Class H		1,012,800		610,628
	Ovctek China, Inc., Class A		44,452		248,079
*	Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A		747,000		348,845
	People’s Insurance Co. Group of China Ltd. , Class H		7,590,000		2,417,820
	Perfect World Co. Ltd., Class A		175,785		391,313
	PetroChina Co. Ltd., ADR		79,439		3,766,997
	PetroChina Co. Ltd., Class H		10,762,000		5,108,656
W	Pharmaron Beijing Co. Ltd., Class H		96,800		1,216,045
	PICC Property & Casualty Co. Ltd., Class H		7,543,198		7,715,325
*	Pinduoduo, Inc., ADR		122,979		5,299,165
	Ping An Bank Co. Ltd., Class A		608,900		1,407,582
	Ping An Insurance Group Co. of China Ltd., Class H		4,860,000		30,718,665
	Pingdingshan Tianan Coal Mining Co. Ltd., Class A		231,800		506,417
	Poly Developments & Holdings Group Co. Ltd., Class A		448,683		1,235,502
# W	Postal Savings Bank of China Co. Ltd., Class H		4,462,000		3,382,999
	Power Construction Corp. of China Ltd., Class A		583,011		679,842
	Proya Cosmetics Co. Ltd., Class A		15,700		479,209
	Qingdao Haier Biomedical Co. Ltd., Class A		3,428		33,485
# W	Qingdao Port International Co. Ltd., Class H		69,000		34,729
	Qingdao TGOOD Electric Co. Ltd., Class A		78,000		162,560
	Raytron Technology Co. Ltd., Class A		26,285		142,150
* W	Red Star Macalline Group Corp. Ltd., Class H		65,289		27,593
	Riyue Heavy Industry Co. Ltd., Class A		76,100		186,542
	Rockchip Electronics Co. Ltd., Class A		18,100		185,768
	Rongsheng Petrochemical Co. Ltd., Class A		530,694		1,094,080
	SAIC Motor Corp. Ltd., Class A		236,045		567,108
	Sailun Group Co. Ltd., Class A		350,400		508,820
	Sanan Optoelectronics Co. Ltd., Class A		114,600		313,707
	Sangfor Technologies, Inc., Class A		11,300		151,709
	Sany Heavy Industry Co. Ltd., Class A		508,834		1,266,103
	Satellite Chemical Co. Ltd., Class A		155,120		844,115
	SDIC Power Holdings Co. Ltd., Class A		251,000		367,434
	Seazen Group Ltd.		1,777,904		750,962
	Seazen Holdings Co. Ltd., Class A		235,400		987,502
	SF Holding Co. Ltd., Class A		151,261		1,169,934
	SG Micro Corp., Class A		6,300		264,092
	Shaanxi Coal Industry Co. Ltd., Class A		694,700		1,809,556
	Shan Xi Hua Yang Group New Energy Co. Ltd., Class A		260,300		408,326
W	Shandong Gold Mining Co. Ltd., Class H		464,750		858,428
	Shandong Hi-speed Co. Ltd., Class A		111,700		93,750
	Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		209,950		953,952
	Shandong Linglong Tyre Co. Ltd., Class A		130,200		348,731
	Shandong Nanshan Aluminum Co. Ltd., Class A		910,010		443,691
	Shandong Shida Shenghua Chemical Group Co. Ltd., Class A		13,200		190,327
	Shandong Sun Paper Industry JSC Ltd., Class A		357,850		665,064
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		3,303,200		3,519,058
	Shanghai Bairun Investment Holding Group Co. Ltd., Class A		49,740		233,399
	Shanghai Baosight Software Co. Ltd., Class A		81,393		583,176

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Shanghai Construction Group Co. Ltd., Class A		673,776	$	329,723
	Shanghai Electric Group Co. Ltd., Class H		3,012,000		733,385
	Shanghai Electric Power Co. Ltd., Class A		119,200		159,848
	Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		342,000		1,463,124
*	Shanghai International Airport Co. Ltd., Class A		28,100		209,205
	Shanghai International Port Group Co. Ltd., Class A		334,000		299,057
	Shanghai Jahwa United Co. Ltd., Class A		53,100		249,868
	Shanghai Jinjiang International Hotels Co. Ltd., Class A		44,100		357,104
	Shanghai Lingang Holdings Corp. Ltd., Class A		187,320		361,359
	Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A		206,820		331,130
	Shanghai M&G Stationery, Inc., Class A		51,069		369,938
	Shanghai Pharmaceuticals Holding Co. Ltd., Class H		1,123,700		1,816,993
	Shanghai Pudong Development Bank Co. Ltd., Class A		882,471		1,072,495
	Shanghai Putailai New Energy Technology Co. Ltd., Class A		23,261		412,706
	Shanghai RAAS Blood Products Co. Ltd., Class A		400,600		327,192
	Shanghai Wanye Enterprises Co. Ltd., Class A		56,200		130,144
	Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		252,259		342,975
	Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		181,800		318,779
	Shanxi Coking Coal Energy Group Co. Ltd., Class A		558,030		1,180,590
	Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		324,730		757,870
*	Shanxi Meijin Energy Co. Ltd., Class A		523,517		819,988
	Shanxi Securities Co. Ltd., Class A		142,560		107,651
	Shanxi Taigang Stainless Steel Co. Ltd., Class A		538,600		481,903
	Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		55,507		2,285,697
	Shenergy Co. Ltd., Class A		43,000		36,077
	Shenghe Resources Holding Co. Ltd., Class A		140,400		331,588
	Shengyi Technology Co. Ltd., Class A		157,700		396,482
	Shennan Circuits Co. Ltd., Class A		25,382		363,749
W	Shenwan Hongyuan Group Co. Ltd., Class H		2,196,000		458,824
	Shenzhen Capchem Technology Co. Ltd., Class A		23,800		238,465
*	Shenzhen Dynanonic Co. Ltd., Class A		2,800		186,282
	Shenzhen Energy Group Co. Ltd., Class A		227,319		199,887
	Shenzhen Gas Corp. Ltd., Class A		150,500		145,507
	Shenzhen Goodix Technology Co. Ltd., Class A		40,300		342,224
	Shenzhen Inovance Technology Co. Ltd., Class A		92,000		797,366
	Shenzhen Jinjia Group Co. Ltd., Class A		59,200		78,168
	Shenzhen Kangtai Biological Products Co. Ltd., Class A		29,150		285,053
	Shenzhen Kedali Industry Co. Ltd., Class A		15,600		285,403
	Shenzhen Kinwong Electronic Co. Ltd., Class A		62,764		194,655
	Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		49,673		2,348,637
	Shenzhen Overseas Chinese Town Co. Ltd., Class A		626,380		572,220
	Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A		71,100		246,581
	Shenzhen SC New Energy Technology Corp., Class A		25,266		225,433
	Shenzhen Senior Technology Material Co. Ltd., Class A		43,901		139,310
	Shenzhen Sunlord Electronics Co. Ltd., Class A		92,900		350,565
	Shenzhen Transsion Holdings Co. Ltd., Class A		24,557		312,854
	Shenzhen YUTO Packaging Technology Co. Ltd., Class A		93,271		347,769
	Shenzhou International Group Holdings Ltd.		402,000		5,454,724
	Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		111,863		423,237
	Sichuan Chuantou Energy Co. Ltd., Class A		149,500		249,298
*	Sichuan Hebang Biotechnology Co. Ltd., Class A		841,100		400,460
	Sichuan Kelun Pharmaceutical Co. Ltd., Class A		129,301		331,911
	Sichuan Road & Bridge Co. Ltd., Class A		573,200		904,034
	Sichuan Swellfun Co. Ltd., Class A		23,700		251,973
	Sichuan Yahua Industrial Group Co. Ltd., Class A		73,800		293,268
	Sieyuan Electric Co. Ltd., Class A		58,600		265,280
	Sino Biopharmaceutical Ltd.		12,922,500		6,778,259
	Sinolink Securities Co. Ltd., Class A		232,100		288,171
	Sinoma Science & Technology Co. Ltd., Class A		190,294		579,792

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Sinopec Shanghai Petrochemical Co. Ltd., Class H		857,000	$	160,341
	Sinopharm Group Co. Ltd., Class H		2,426,400		5,583,577
	Skshu Paint Co. Ltd., Class A		15,348		171,936
	Songcheng Performance Development Co. Ltd., Class A		170,500		321,505
	SooChow Securities Co. Ltd., Class A		592,150		604,978
	Southwest Securities Co. Ltd., Class A		779,936		438,087
*	Spring Airlines Co. Ltd., Class A		48,500		335,301
	Sungrow Power Supply Co. Ltd., Class A		53,300		504,190
*	Suning.com Co. Ltd., Class A		706,124		344,928
	Sunny Optical Technology Group Co. Ltd.		447,400		6,520,357
	Sunwoda Electronic Co. Ltd., Class A		67,900		224,601
	Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		275,900		699,075
	Suzhou Maxwell Technologies Co. Ltd., Class A		6,976		351,122
	Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A		31,900		292,214
	TBEA Co. Ltd., Class A		276,500		803,274
	TCL Technology Group Corp., Class A		1,321,080		830,412
	Tencent Holdings Ltd.		3,556,400		167,594,942
*	Tencent Music Entertainment Group, ADR		730,433		3,104,340
	Thunder Software Technology Co. Ltd., Class A		13,300		186,576
	Tianjin 712 Communication & Broadcasting Co. Ltd., Class A		56,900		236,860
	Tianjin Guangyu Development Co. Ltd., Class A		88,700		148,560
	Tianjin Zhonghuan Semiconductor Co. Ltd., Class A		91,300		533,981
	Tianma Microelectronics Co. Ltd., Class A		161,455		222,611
	Tianshan Aluminum Group Co. Ltd., Class A		142,200		146,486
	Tianshui Huatian Technology Co. Ltd., Class A		305,000		391,619
	Tibet Summit Resources Co. Ltd., Class A		56,900		166,217
	Tingyi Cayman Islands Holding Corp.		2,898,000		5,289,315
	Titan Wind Energy Suzhou Co. Ltd., Class A		124,100		186,671
	Tofflon Science & Technology Group Co. Ltd., Class A		27,400		144,329
	TongFu Microelectronics Co. Ltd., Class A		167,000		331,576
	Tongkun Group Co. Ltd., Class A		157,809		361,290
	Tongling Nonferrous Metals Group Co. Ltd., Class A		1,091,500		570,516
	Tongwei Co. Ltd., Class A		209,300		1,289,738
*	Topchoice Medical Corp., Class A		13,300		257,122
W	Topsports International Holdings Ltd.		979,000		748,789
	Transfar Zhilian Co. Ltd., Class A		287,626		273,454
	TravelSky Technology Ltd., Class H		183,000		276,362
	Trina Solar Co. Ltd., Class A		26,178		198,550
*	Trip.com Group Ltd., ADR		442,202		10,458,077
# *	Trip.com Group Ltd.		99,700		2,354,279
	Tsingtao Brewery Co. Ltd., Class H		568,000		4,598,618
	Unigroup Guoxin Microelectronics Co. Ltd., Class A		27,000		745,983
	Unisplendour Corp. Ltd., Class A		164,160		421,011
	Universal Scientific Industrial Shanghai Co. Ltd., Class A		211,900		385,779
*	Vipshop Holdings Ltd., ADR		720,998		5,522,845
	Walvax Biotechnology Co. Ltd., Class A		55,500		445,826
*	Wanda Film Holding Co. Ltd., Class A		68,700		118,273
	Wanhua Chemical Group Co. Ltd., Class A		203,200		2,384,436
	Want Want China Holdings Ltd.		8,035,000		7,252,922
# *	Weibo Corp., Sponsored ADR		113,478		2,625,881
	Weichai Power Co. Ltd., Class H		2,877,800		4,020,018
	Weihai Guangwei Composites Co. Ltd., Class A		41,729		313,695
*	Wens Foodstuffs Group Co. Ltd., Class A		229,780		648,759
	Western Securities Co. Ltd., Class A		340,300		319,557
	Western Superconducting Technologies Co. Ltd., Class A		28,884		355,182
	Westone Information Industry, Inc., Class A		39,800		189,924
	Wharf Holdings Ltd.		847,000		2,481,625
	Will Semiconductor Co. Ltd., Class A		40,312		909,063
	Wingtech Technology Co. Ltd., Class A		32,700		321,770

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Winning Health Technology Group Co. Ltd., Class A		183,700	$	219,926
	Wuchan Zhongda Group Co. Ltd., Class A		615,250		458,607
	Wuhan Guide Infrared Co. Ltd., Class A		107,744		250,123
	Wuliangye Yibin Co. Ltd., Class A		174,006		4,252,528
	WUS Printed Circuit Kunshan Co. Ltd., Class A		53,900		105,299
W	WuXi AppTec Co. Ltd., Class H		115,660		1,573,183
* W	Wuxi Biologics Cayman, Inc.		981,500		7,244,265
	Wuxi Lead Intelligent Equipment Co. Ltd., Class A		17,680		116,797
	Wuxi Shangji Automation Co. Ltd., Class A		27,700		508,120
	XCMG Construction Machinery Co. Ltd., Class A		472,203		353,602
	Xiamen C&D, Inc., Class A		153,900		336,317
	Xiamen Faratronic Co. Ltd., Class A		12,100		266,177
	Xiamen Intretech, Inc., Class A		78,460		243,051
	Xiamen Tungsten Co. Ltd., Class A		178,680		423,319
	Xi’an Triangle Defense Co. Ltd., Class A		21,300		124,607
	Xianhe Co. Ltd., Class A		15,100		45,111
* W	Xiaomi Corp., Class B		14,646,400		22,296,774
	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		935,559		1,329,752
	Xinjiang Zhongtai Chemical Co. Ltd., Class A		224,500		250,312
	Xinyi Solar Holdings Ltd.		4,907,103		7,294,039
	Yangzhou Yangjie Electronic Technology Co. Ltd., Class A		30,600		315,599
#	Yankuang Energy Group Co. Ltd., Class H		2,234,000		6,302,487
	Yantai Eddie Precision Machinery Co. Ltd., Class A		68,061		196,924
	Yantai Jereh Oilfield Services Group Co. Ltd., Class A		56,455		263,663
	Yealink Network Technology Corp. Ltd., Class A		41,840		490,863
	Yifeng Pharmacy Chain Co. Ltd., Class A		58,834		326,882
	Yintai Gold Co. Ltd., Class A		343,617		484,506
	Yonghui Superstores Co. Ltd., Class A		592,400		396,305
	YongXing Special Materials Technology Co. Ltd., Class A		15,300		237,268
	Yonyou Network Technology Co. Ltd., Class A		83,500		240,110
	Youngor Group Co. Ltd., Class A		543,304		560,949
	YTO Express Group Co. Ltd., Class A		267,800		724,855
	Yum China Holdings, Inc.		486,087		20,318,437
	Yunda Holding Co. Ltd., Class A		217,790		505,277
*	Yunnan Aluminium Co. Ltd., Class A		373,200		583,581
	Yunnan Baiyao Group Co. Ltd., Class A		39,100		450,550
	Yunnan Energy New Material Co. Ltd., Class A		23,485		715,294
*	Yunnan Tin Co. Ltd., Class A		179,800		484,276
#	Zai Lab Ltd.		181,500		739,596
	Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		25,050		1,154,342
	Zhefu Holding Group Co. Ltd., Class A		607,423		410,266
*	Zhejiang Century Huatong Group Co. Ltd., Class A		458,400		329,048
	Zhejiang China Commodities City Group Co. Ltd., Class A		644,379		495,672
	Zhejiang Chint Electrics Co. Ltd., Class A		141,884		694,909
	Zhejiang Dahua Technology Co. Ltd., Class A		297,413		747,248
	Zhejiang Dingli Machinery Co. Ltd., Class A		52,170		292,538
	Zhejiang HangKe Technology, Inc. Co., Class A		17,887		117,479
	Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		172,140		394,876
	Zhejiang Huayou Cobalt Co. Ltd., Class A		32,986		407,405
	Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		54,000		408,699
	Zhejiang Juhua Co. Ltd., Class A		252,100		430,814
	Zhejiang Longsheng Group Co. Ltd., Class A		316,700		482,112
	Zhejiang NHU Co. Ltd., Class A		279,540		1,130,692
	Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A		88,490		222,713
	Zhejiang Supor Co. Ltd., Class A		69,903		581,580
	Zhejiang Weiming Environment Protection Co. Ltd., Class A		117,893		436,437
	Zhejiang Weixing New Building Materials Co. Ltd., Class A		204,734		587,061
	Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A		35,300		218,590
*	Zhejiang Yongtai Technology Co. Ltd., Class A		33,000		124,457

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Zheshang Securities Co. Ltd., Class A		270,063	$	373,815
* W	ZhongAn Online P&C Insurance Co. Ltd., Class H		374,400		1,287,315
	Zhongji Innolight Co. Ltd., Class A		55,527		256,756
	Zhongjin Gold Corp. Ltd., Class A		428,700		469,271
	Zhongsheng Group Holdings Ltd.		522,000		3,449,280
	Zhuzhou CRRC Times Electric Co.		640,300		2,517,193
	Zhuzhou Hongda Electronics Corp. Ltd., Class A		33,500		255,886
	Zhuzhou Kibing Group Co. Ltd., Class A		352,001		586,250
	Zibo Qixiang Tengda Chemical Co. Ltd., Class A		348,460		372,641
	Zijin Mining Group Co. Ltd., Class H		3,457,000		5,033,765
	Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H		1,907,800		1,115,501
	ZTE Corp., Class H		1,033,085		2,169,071
	ZTO Express Cayman, Inc., ADR		420,808		11,576,428

TOTAL CHINA					1,348,102,448

COLOMBIA — (0.2%)
*	BAC Holding International Corp.		7,858,220		570,604
	Banco de Bogota SA		48,359		616,645
	Bancolombia SA, Sponsored ADR		47,013		1,822,694
	Bancolombia SA		119,772		1,174,722
*	Corp. Financiera Colombiana SA		7,235		53,010
#	Ecopetrol SA, Sponsored ADR		1,787		29,003
	Ecopetrol SA		2,348,250		1,902,094
	Grupo Argos SA		383,393		1,394,861
	Grupo Aval Acciones y Valores SA, ADR		10,320		43,138
	Grupo Energia Bogota SA ESP		542,617		345,476
	Interconexion Electrica SA ESP		288,906		1,588,326

TOTAL COLOMBIA					9,540,573

CZECH REPUBLIC — (0.2%)
	CEZ AS		119,036		5,102,546
	Komercni Banka AS		66,488		2,183,460
W	Moneta Money Bank AS		421,608		1,578,566

TOTAL CZECH REPUBLIC					8,864,572

EGYPT — (0.1%)
	Commercial International Bank Egypt SAE,GDR		1,040,364		2,338,710

GREECE — (0.3%)
*	Alpha Services & Holdings SA		1,421,652		1,600,272
*	Eurobank Ergasias Services & Holdings SA, Class A		1,373,666		1,419,745
* †† ^	FF Group		12,618		11,980
	Hellenic Petroleum Holdings SA		55,373		418,436
	Hellenic Telecommunications Organization SA		158,506		3,049,347
	JUMBO SA		88,009		1,426,438
*	LAMDA Development SA		7,667		52,181
	Motor Oil Hellas Corinth Refineries SA		69,339		1,096,954
	Mytilineos SA		75,194		1,392,432
*	National Bank of Greece SA		369,893		1,467,172
	OPAP SA		106,757		1,582,393
*	Piraeus Financial Holdings SA		199,036		287,341
*	Public Power Corp. SA		51,502		412,341
	Terna Energy SA		49,394		923,166

TOTAL GREECE					15,140,198

HONG KONG — (0.0%)
* W	ESR Cayman Ltd.		4,800		14,571

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
HUNGARY — (0.3%)
	MOL Hungarian Oil & Gas PLC		921,514	$	7,813,623
# *	OTP Bank Nyrt		125,820		3,753,137
	Richter Gedeon Nyrt		79,025		1,576,713

TOTAL HUNGARY					13,143,473

INDIA — (15.3%)
	Aarti Industries Ltd.		231,928		2,667,622
	ABB India Ltd.		32,057		878,430
	ACC Ltd.		114,713		3,478,941
	Adani Enterprises Ltd.		145,024		4,399,791
*	Adani Green Energy Ltd.		150,430		5,619,956
	Adani Ports & Special Economic Zone Ltd.		474,086		5,269,228
*	Adani Power Ltd.		748,312		2,733,616
	Adani Total Gas Ltd.		65,014		2,087,250
*	Adani Transmission Ltd.		294,174		10,597,824
*	Aditya Birla Capital Ltd.		391,081		610,496
	Alkem Laboratories Ltd.		29,746		1,265,060
	Ambuja Cements Ltd.		705,691		3,412,693
	Apollo Hospitals Enterprise Ltd.		70,201		4,052,012
	Ashok Leyland Ltd.		1,315,356		2,160,862
	Asian Paints Ltd.		220,693		9,308,726
	Astral Ltd.		74,861		2,094,410
	Atul Ltd.		2,391		276,690
* W	AU Small Finance Bank Ltd.		87,115		1,567,723
	Aurobindo Pharma Ltd.		664,252		5,423,984
* W	Avenue Supermarts Ltd.		53,575		2,735,691
*	Axis Bank Ltd.		1,712,310		16,172,175
	Bajaj Auto Ltd.		60,754		2,952,997
	Bajaj Finance Ltd.		105,376		9,074,423
	Bajaj Finserv Ltd.		15,901		3,062,278
	Bajaj Holdings & Investment Ltd.		57,055		3,858,461
	Balkrishna Industries Ltd.		125,417		3,478,450
W	Bandhan Bank Ltd.		603,569		2,610,244
*	Bank of Baroda		1,122,908		1,637,248
	Berger Paints India Ltd.		161,854		1,518,318
	Bharat Electronics Ltd.		2,181,001		6,726,203
	Bharat Forge Ltd.		269,138		2,453,470
	Bharat Petroleum Corp. Ltd.		408,182		1,921,687
*	Bharti Airtel Ltd.		1,493,167		14,340,095
*	Biocon Ltd.		389,967		1,880,397
	Bosch Ltd.		5,993		1,131,051
	Britannia Industries Ltd.		50,555		2,163,333
*	Canara Bank		364,746		1,082,617
	Cholamandalam Investment & Finance Co. Ltd.		625,261		6,038,432
	Cipla Ltd.		657,406		8,380,270
	Coal India Ltd.		765,174		1,814,445
	Coforge Ltd.		20,972		1,141,725
	Colgate-Palmolive India Ltd.		122,914		2,659,693
	Container Corp. of India Ltd.		271,569		2,289,741
	Crompton Greaves Consumer Electricals Ltd.		170,496		852,067
	Cummins India Ltd.		20,735		277,924
	Dabur India Ltd.		338,762		2,454,853
	Dalmia Bharat Ltd.		44,184		872,967
	Deepak Nitrite Ltd.		65,834		1,978,447
	Divi’s Laboratories Ltd.		61,792		3,603,246
	Dixon Technologies India Ltd.		2,979		168,595
	DLF Ltd.		530,091		2,541,313
W	Dr Lal PathLabs Ltd.		13,101		443,253
	Dr Reddy’s Laboratories Ltd., ADR		94,524		5,074,048

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Dr Reddy’s Laboratories Ltd.		28,106	$	1,515,958
	Edelweiss Financial Services Ltd.		37,563		29,244
	Eicher Motors Ltd.		93,424		3,188,968
	GAIL India Ltd.		1,398,546		2,892,157
	GAIL India Ltd., GDR		102,368		1,259,068
	GlaxoSmithKline Pharmaceuticals Ltd.		32,553		665,669
*	Godrej Consumer Products Ltd.		300,634		3,051,430
*	Godrej Properties Ltd.		75,574		1,533,731
	Grasim Industries Ltd.		280,292		6,134,469
	Gujarat Fluorochemicals Ltd.		6,283		228,844
	Gujarat Gas Ltd.		139,066		872,384
	Havells India Ltd.		137,674		2,340,169
	HCL Technologies Ltd.		708,997		9,990,863
W	HDFC Asset Management Co. Ltd.		43,474		1,148,452
	HDFC Bank Ltd.		1,512,827		27,070,773
W	HDFC Life Insurance Co. Ltd.		220,030		1,666,065
	Hero MotoCorp Ltd.		157,609		5,104,217
	Hindalco Industries Ltd.		2,222,008		13,855,144
	Hindustan Aeronautics Ltd.		60,847		1,260,192
	Hindustan Petroleum Corp. Ltd.		614,890		2,167,095
	Hindustan Unilever Ltd.		489,606		14,289,465
	Hitachi Energy India Ltd.		8,507		349,366
	Honeywell Automation India Ltd.		1,607		836,487
	Housing Development Finance Corp. Ltd.		698,934		20,141,183
#	ICICI Bank Ltd., Sponsored ADR		649,989		12,375,781
	ICICI Bank Ltd.		1,390,129		13,358,901
W	ICICI Lombard General Insurance Co. Ltd.		126,195		2,105,065
W	ICICI Prudential Life Insurance Co. Ltd.		196,682		1,341,215
*	IDFC First Bank Ltd.		2,392,328		1,220,591
	IIFL Wealth Management Ltd.		2,009		44,358
	Indian Hotels Co. Ltd.		127,866		422,817
	Indian Oil Corp. Ltd.		931,956		1,524,590
*	Indian Overseas Bank		1,569,149		368,890
	Indian Railway Catering & Tourism Corp. Ltd.		286,116		2,757,770
	Indraprastha Gas Ltd.		248,390		1,140,967
*	Indus Towers Ltd.		1,056,099		2,881,435
	IndusInd Bank Ltd.		317,938		4,017,277
	Info Edge India Ltd.		41,683		2,517,609
	Infosys Ltd., Sponsored ADR		500,328		9,941,517
	Infosys Ltd.		1,779,532		36,076,450
* W	InterGlobe Aviation Ltd.		38,619		933,008
	Ipca Laboratories Ltd.		57,338		755,857
	ITC Ltd.		1,903,270		6,413,573
	Jindal Steel & Power Ltd.		718,998		5,020,562
	JSW Energy Ltd.		276,086		1,152,075
	JSW Steel Ltd.		1,441,825		13,553,598
	Jubilant Foodworks Ltd.		480,298		3,384,299
	Kansai Nerolac Paints Ltd.		142,647		872,298
	Kotak Mahindra Bank Ltd.		451,517		10,464,881
W	L&T Technology Services Ltd.		29,195		1,539,856
W	Larsen & Toubro Infotech Ltd.		33,134		2,069,401
	Larsen & Toubro Ltd.		399,646		8,807,347
W	Laurus Labs Ltd.		355,427		2,691,690
	Lupin Ltd.		303,782		2,946,323
	Mahindra & Mahindra Ltd.		905,189		10,866,746
	Marico Ltd.		579,820		3,935,981
	Maruti Suzuki India Ltd.		55,733		5,555,377
*	Max Financial Services Ltd.		154,648		1,519,702
*	Max Healthcare Institute Ltd.		201,238		1,075,746

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Minda Industries Ltd.		34,503	$	410,377
	Mindtree Ltd.		77,849		3,566,184
	Motherson Sumi Systems Ltd.		1,325,504		2,365,042
*	Motherson Sumi Wiring India Ltd.		1,325,505		1,196,452
	Mphasis Ltd.		132,029		4,834,236
	MRF Ltd.		2,316		2,189,740
	Muthoot Finance Ltd.		242,710		3,978,075
	Nestle India Ltd.		20,232		4,816,152
	NHPC Ltd.		454,711		196,323
	NMDC Ltd.		1,251,805		2,594,514
	NTPC Ltd.		1,541,570		3,135,946
*	Oberoi Realty Ltd.		32,867		408,067
	Oil & Natural Gas Corp. Ltd.		877,425		1,817,246
	Oil India Ltd.		1		3
	Oracle Financial Services Software Ltd.		30,804		1,435,157
	Page Industries Ltd.		7,882		4,683,320
	Persistent Systems Ltd.		21,688		1,216,491
	Petronet LNG Ltd.		1,564,099		4,140,805
	PI Industries Ltd.		68,216		2,516,706
	Pidilite Industries Ltd.		87,949		2,781,547
	Piramal Enterprises Ltd.		117,594		3,305,638
	Power Finance Corp. Ltd.		1,995,257		3,052,523
	Power Grid Corp. of India Ltd.		1,622,745		4,849,944
	Procter & Gamble Hygiene & Health Care Ltd.		10,908		2,001,110
*	Punjab National Bank		1,966,565		892,919
	REC Ltd.		1,264,082		2,087,553
	Relaxo Footwears Ltd.		17,122		241,140
	Reliance Industries Ltd.		1,478,942		53,767,136
	SBI Cards & Payment Services Ltd.		79,899		858,828
W	SBI Life Insurance Co. Ltd.		169,596		2,433,758
	Schaeffler India Ltd.		1,654		49,393
	Shree Cement Ltd.		10,021		3,359,875
	Shriram Transport Finance Co. Ltd.		272,491		4,226,732
	Siemens Ltd.		33,599		993,865
	SRF Ltd.		163,696		5,339,274
	State Bank of India		933,814		5,992,707
	State Bank of India, GDR		3,115		200,918
	Steel Authority of India Ltd.		2,121,964		2,644,645
	Sun Pharmaceutical Industries Ltd.		730,482		8,842,894
	Sundaram Finance Holdings Ltd.		40,687		40,607
	Sundaram Finance Ltd.		3,637		95,197
	Supreme Industries Ltd.		12,166		308,801
	Tata Communications Ltd.		108,655		1,545,902
	Tata Consultancy Services Ltd.		572,990		26,417,833
	Tata Consumer Products Ltd.		546,708		5,862,237
	Tata Elxsi Ltd.		27,947		2,796,924
# *	Tata Motors Ltd., Sponsored ADR		47,265		1,333,346
*	Tata Motors Ltd.		2,234,196		12,624,409
	Tata Power Co. Ltd.		1,174,757		3,680,760
	Tata Steel Ltd.		1,167,525		19,153,937
*	Tata Teleservices Maharashtra Ltd.		108,469		202,022
	Tech Mahindra Ltd.		590,572		9,611,970
	Titan Co. Ltd.		173,905		5,567,452
	Torrent Pharmaceuticals Ltd.		76,085		2,795,668
	Trent Ltd.		69,146		1,097,913
	Trident Ltd.		28,354		19,218
	Tube Investments of India Ltd.		18,925		459,807
	TVS Motor Co. Ltd.		144,506		1,232,062
	UltraTech Cement Ltd.		49,392		4,244,018

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	United Breweries Ltd.		45,973	$	953,923
*	United Spirits Ltd.		259,011		2,904,387
	UPL Ltd.		1,094,744		11,761,039
	Varun Beverages Ltd.		166,467		2,352,032
	Vedanta Ltd.		1,576,254		8,312,896
*	Vodafone Idea Ltd.		7,119,524		877,946
	Voltas Ltd.		177,112		2,898,807
	Wipro Ltd.		857,062		5,622,378
	Zee Entertainment Enterprises Ltd.		7,924		25,421
	Zydus Lifesciences Ltd.		417,831		1,912,741

TOTAL INDIA					774,675,305

INDONESIA — (2.1%)
	Adaro Energy Tbk PT		26,638,800		6,086,298
	Aneka Tambang Tbk		7,413,500		1,324,874
	Astra International Tbk PT		11,767,410		6,144,253
	Bank Central Asia Tbk PT		32,282,500		18,106,338
*	Bank Jago Tbk PT		1,322,500		1,062,278
	Bank Mandiri Persero Tbk PT		9,252,634		5,681,438
	Bank Negara Indonesia Persero Tbk PT		5,902,722		3,728,454
	Bank Rakyat Indonesia Persero Tbk PT		32,854,576		10,946,718
*	Bank Syariah Indonesia Tbk PT		2,869,000		311,887
	Barito Pacific Tbk PT		19,842,800		1,159,452
	Bukit Asam Tbk PT		4,736,900		1,239,826
	Charoen Pokphand Indonesia Tbk PT		6,994,500		2,479,666
*	Elang Mahkota Teknologi Tbk PT		11,447,600		2,357,127
	Gudang Garam Tbk PT		780,300		1,651,085
	Indah Kiat Pulp & Paper Tbk PT		4,368,100		2,276,576
	Indocement Tunggal Prakarsa Tbk PT		1,710,200		1,232,499
	Indofood CBP Sukses Makmur Tbk PT		2,198,600		1,156,622
	Indofood Sukses Makmur Tbk PT		8,890,300		3,868,608
	Indosat Tbk PT		968,600		467,976
*	Jasa Marga Persero Tbk PT		653,413		181,270
	Kalbe Farma Tbk PT		31,541,900		3,569,210
	Mayora Indah Tbk PT		7,610,825		917,227
*	Merdeka Copper Gold Tbk PT		4,502,095		1,640,688
	Mitra Keluarga Karyasehat Tbk PT		3,896,600		681,205
	MNC Studios International Tbk PT		138,300		54,085
*	Perusahaan Gas Negara Tbk PT		9,214,200		917,287
	Sarana Menara Nusantara Tbk PT		35,447,000		2,468,010
	Semen Indonesia Persero Tbk PT		4,724,500		2,084,781
	Sinar Mas Agro Resources & Technology Tbk PT		1,019,900		323,092
*	Smartfren Telecom Tbk PT		100,723,200		576,079
	Sumber Alfaria Trijaya Tbk PT		11,117,200		1,311,482
	Telkom Indonesia Persero Tbk PT		22,978,700		7,315,513
	Tower Bersama Infrastructure Tbk PT		10,079,400		2,092,752
*	Transcoal Pacific Tbk PT		993,300		680,686
	Unilever Indonesia Tbk PT		4,594,500		1,229,781
	United Tractors Tbk PT		3,132,496		6,536,575
	Vale Indonesia Tbk PT		3,373,000		1,691,785
	XL Axiata Tbk PT		6,670,600		1,468,316

TOTAL INDONESIA					107,021,799

MALAYSIA — (1.6%)
	Alliance Bank Malaysia Bhd		382,100		330,681
*	AMMB Holdings Bhd		2,136,259		1,804,047
	Astro Malaysia Holdings Bhd		566,000		129,911
	Axiata Group Bhd		1,981,532		1,592,637

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
	Batu Kawan Bhd		110,600	$	738,339
	BIMB Holdings Bhd		1,065,155		708,478
#	Bursa Malaysia Bhd		325,200		521,336
#	Carlsberg Brewery Malaysia Bhd, Class B		139,000		705,356
	CIMB Group Holdings Bhd		2,885,948		3,439,946
#	D&O Green Technologies Bhd		461,100		406,446
#	Dialog Group Bhd		1,590,518		909,533
#	DiGi.Com Bhd		2,053,220		1,795,295
#	Fraser & Neave Holdings Bhd		157,800		831,656
	Frontken Corp. Bhd		493,100		307,338
	Gamuda Bhd		2,133,770		1,815,141
	Genting Bhd		1,808,100		1,913,612
	Genting Malaysia Bhd		2,150,900		1,495,134
	Genting Plantations Bhd		266,300		555,545
# *	Greatech Technology Bhd		373,400		336,305
#	HAP Seng Consolidated Bhd		843,800		1,447,724
	Hartalega Holdings Bhd		1,344,100		1,357,647
#	Heineken Malaysia Bhd		135,700		737,051
	Hong Leong Bank Bhd		259,166		1,243,810
	Hong Leong Financial Group Bhd		411,483		1,828,114
# *	Hong Seng Consolidated Bhd		401,700		235,073
	IHH Healthcare Bhd		527,100		795,040
	IJM Corp. Bhd		1,699,200		715,321
	Inari Amertron Bhd		1,555,700		997,032
	IOI Corp. Bhd		1,311,605		1,405,591
	IOI Properties Group Bhd		1,450,429		339,450
#	Kossan Rubber Industries		1,749,400		738,879
	Kuala Lumpur Kepong Bhd		301,046		2,040,921
# W	Lotte Chemical Titan Holding Bhd		640,600		321,475
	Malayan Banking Bhd		2,444,302		5,083,705
*	Malaysia Airports Holdings Bhd		1,148,041		1,804,620
	Malaysian Pacific Industries Bhd		52,800		376,099
	Maxis Bhd		1,442,700		1,254,141
	MISC Bhd		629,598		1,126,394
#	My EG Services Bhd		5,206,634		1,114,940
	Nestle Malaysia Bhd		43,200		1,320,413
	Petronas Chemicals Group Bhd		1,202,900		2,817,492
	Petronas Dagangan Bhd		165,700		824,805
	Petronas Gas Bhd		397,700		1,549,200
	PPB Group Bhd		458,980		1,811,677
	Press Metal Aluminium Holdings Bhd		1,853,900		2,541,545
	Public Bank Bhd		8,500,670		9,136,915
	QL Resources Bhd		902,185		1,060,409
	RHB Bank Bhd		2,131,992		3,054,466
	Scientex Bhd		238,300		208,281
	Sime Darby Bhd		4,489,961		2,399,943
	Sime Darby Plantation Bhd		1,162,321		1,394,515
	SP Setia Bhd Group		188,300		50,413
#	Sunway Bhd		2,075,382		867,066
	Telekom Malaysia Bhd		508,864		580,971
#	Tenaga Nasional Bhd		985,950		2,046,183
	TIME dotCom Bhd		784,200		800,002
#	Top Glove Corp. Bhd		3,944,900		1,523,877
#	Unisem M Bhd		333,200		218,672
	United Plantations Bhd		96,800		348,779
	UWC BHD		212,000		153,397
	ViTrox Corp. Bhd		179,800		309,576
	VS Industry Bhd		468,500		106,401
	Westports Holdings Bhd		669,000		604,608

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
#	Yinson Holdings Bhd		1,016,600	$	570,004
	YTL Corp. Bhd		6,778,412		984,923

TOTAL MALAYSIA					82,584,296

MEXICO — (2.2%)
	Alfa SAB de CV, Class A		8,597,258		5,788,662
	America Movil SAB de CV		20,743,100		20,228,245
	America Movil SAB de CV, Sponsored ADR, Class L		44,899		872,388
	Arca Continental SAB de CV		368,914		2,344,208
	Becle SAB de CV		199,974		498,404
*	Cemex SAB de CV		11,428,443		5,045,955
*	Cemex SAB de CV, Sponsored ADR		27,210		119,724
	Coca-Cola Femsa SAB de CV, Sponsored ADR		10,141		553,699
	Coca-Cola Femsa SAB de CV		415,925		2,269,942
	El Puerto de Liverpool SAB de CV, Class C1		127,398		645,402
	Fomento Economico Mexicano SAB de CV		787,704		5,891,616
#	Gruma SAB de CV, Class B		268,787		3,201,235
#	Grupo Aeroportuario del Pacifico SAB de CV, ADR		4,584		704,973
	Grupo Aeroportuario del Pacifico SAB de CV, Class B		157,571		2,427,519
	Grupo Aeroportuario del Sureste SAB de CV, ADR		10,074		2,198,348
	Grupo Aeroportuario del Sureste SAB de CV, Class B		2,990		65,202
	Grupo Bimbo SAB de CV, Class A		1,392,062		4,286,049
#	Grupo Carso SAB de CV		605,343		1,972,968
#	Grupo Elektra SAB de CV		61,071		3,615,239
	Grupo Financiero Banorte SAB de CV, Class O		1,089,556		7,181,304
# *	Grupo Financiero Inbursa SAB de CV, Class O		2,229,214		3,787,364
	Grupo Mexico SAB de CV, Class B		2,339,361		10,958,249
#	Grupo Televisa SAB, Sponsored ADR		158,178		1,459,983
	Grupo Televisa SAB		3,411,239		6,333,857
	Industrias Penoles SAB de CV		201,567		2,217,815
#	Kimberly-Clark de Mexico SAB de CV, Class A		1,548,097		2,154,507
	Orbia Advance Corp. SAB de CV		2,274,000		5,467,005
	Organizacion Soriana SAB de CV, Class B		556,797		648,025
	Wal-Mart de Mexico SAB de CV		2,505,757		8,881,553

TOTAL MEXICO					111,819,440

PERU — (0.1%)
*	Aenza SAA, Sponsored ADR		42,218		80,636
#	Cementos Pacasmayo SAA, ADR		16,821		98,489
#	Cia de Minas Buenaventura SAA, ADR		86,204		813,766
	Credicorp Ltd.		39,944		5,547,822

TOTAL PERU					6,540,713

PHILIPPINES — (0.8%)
	Aboitiz Equity Ventures, Inc.		1,265,320		1,228,112
	Aboitiz Power Corp.		1,440,600		883,631
	AC Energy Corp.		2,322,300		319,511
	Alliance Global Group, Inc.		164,500		37,102
	Ayala Corp.		114,302		1,608,313
	Ayala Land, Inc.		3,503,318		2,138,316
	Bank of the Philippine Islands		1,852,052		3,359,470
	BDO Unibank, Inc.		1,553,962		3,839,946
	Emperador, Inc.		1,893,100		704,983
* †† ^	Fwbc Holdings, Inc.		2,006,957		0
	Globe Telecom, Inc.		16,290		708,210
	GT Capital Holdings, Inc.		55,326		531,046
	International Container Terminal Services, Inc.		623,010		2,558,073
	JG Summit Holdings, Inc.		2,907,399		3,092,879

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
PHILIPPINES — (Continued)
	Jollibee Foods Corp.		340,410	$	1,398,392
	Manila Electric Co.		109,980		740,357
	Metro Pacific Investments Corp.		5,864,700		424,166
	Metropolitan Bank & Trust Co.		2,721,908		2,650,557
	PLDT, Inc., Sponsored ADR		34,739		1,235,319
	PLDT, Inc.		102,335		3,641,313
	Puregold Price Club, Inc.		195,100		122,926
	Robinsons Land Corp.		546,282		198,427
	San Miguel Corp.		1,311,870		2,671,712
	San Miguel Food & Beverage, Inc.		85,800		101,967
	SM Investments Corp.		102,383		1,663,521
	SM Prime Holdings, Inc.		4,214,410		2,809,124
	Union Bank of the Philippines		1,500		2,094
	Universal Robina Corp.		775,650		1,517,360
	Wilcon Depot, Inc.		236,600		126,711

TOTAL PHILIPPINES					40,313,538

POLAND — (0.7%)
*	Alior Bank SA		16,051		131,038
# * W	Allegro.eu SA		59,710		307,117
*	AmRest Holdings SE		120		472
	Asseco Poland SA		37,582		660,402
	Bank Handlowy w Warszawie SA		13,129		176,886
# *	Bank Millennium SA		363,645		411,963
	Bank Polska Kasa Opieki SA		130,480		2,867,332
	Budimex SA		3,219		148,147
#	CD Projekt SA		68,154		1,844,580
	Cyfrowy Polsat SA		249,518		1,358,701
* W	Dino Polska SA		30,321		1,961,519
*	Grupa Lotos SA		160,600		2,497,260
	ING Bank Slaski SA		22,435		992,665
	Inter Cars SA		114		10,510
	KGHM Polska Miedz SA		126,976		4,107,447
	LPP SA		578		1,221,418
*	mBank SA		21,232		1,421,092
*	Orange Polska SA		653,211		998,433
*	PGE Polska Grupa Energetyczna SA		1,129,625		2,512,211
	Polski Koncern Naftowy Orlen SA		321,662		5,434,298
	Polskie Gornictwo Naftowe i Gazownictwo SA		904,182		1,266,819
*	Powszechna Kasa Oszczednosci Bank Polski SA		336,889		2,486,423
	Powszechny Zaklad Ubezpieczen SA		378,598		2,617,529
	Santander Bank Polska SA		20,983		1,277,830

TOTAL POLAND					36,712,092

QATAR — (0.9%)
	Commercial Bank PSQC		854,928		1,797,200
	Industries Qatar QSC		490,951		2,531,921
	Masraf Al Rayan QSC		1,813,361		2,686,882
	Mesaieed Petrochemical Holding Co.		3,448,812		2,439,398
	Ooredoo QPSC		1,353,316		2,785,480
	Qatar Electricity & Water Co. QSC		382,308		1,787,736
	Qatar Fuel QSC		273,469		1,377,404
	Qatar Gas Transport Co. Ltd.		3,816,139		3,580,748
	Qatar International Islamic Bank QSC		476,240		1,506,944
	Qatar Islamic Bank SAQ		1,156,093		7,770,656
	Qatar National Bank QPSC		2,466,222		15,729,544

TOTAL QATAR					43,993,913

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
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		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 — (4.4%)
	Abdullah Al Othaim Markets Co.		53,471		1,588,010
	Advanced Petrochemical Co.		178,010		3,166,829
	Al Rajhi Bank		678,193		31,770,718
	Alinma Bank		701,335		7,693,183
	Almarai Co. JSC		208,204		2,869,545
	Arab National Bank		462,981		4,330,666
	Arabian Centres Co. Ltd.		120,619		707,727
*	Bank AlBilad		318,394		4,363,154
	Bank Al-Jazira		538,680		4,502,557
	Banque Saudi Fransi		470,724		6,763,451
	Bupa Arabia for Cooperative Insurance Co.		86,269		3,808,154
	Co. for Cooperative Insurance		54,166		985,886
*	Dar Al Arkan Real Estate Development Co.		584,678		1,673,703
	Dr Sulaiman Al Habib Medical Services Group Co.		26,930		1,429,369
*	Emaar Economic City		186,198		539,932
	Etihad Etisalat Co.		943,798		10,837,619
	Jarir Marketing Co.		73,421		3,749,292
*	Mobile Telecommunications Co. Saudi Arabia		1,069,332		3,944,310
	Mouwasat Medical Services Co.		60,535		3,867,239
*	National Industrialization Co.		358,846		1,934,086
*	Rabigh Refining & Petrochemical Co.		340,590		2,591,310
	Riyad Bank		1,036,339		11,230,893
	SABIC Agri-Nutrients Co.		114,012		4,911,477
	Sahara International Petrochemical Co.		580,178		8,690,892
*	Saudi Arabian Mining Co.		269,624		9,818,803
	Saudi Basic Industries Corp.		442,004		15,311,750
	Saudi British Bank		712,216		8,455,574
	Saudi Electricity Co.		366,509		2,626,506
	Saudi Industrial Investment Group		463,238		4,015,595
	Saudi Investment Bank (The)		391,206		2,388,647
*	Saudi Kayan Petrochemical Co.		1,644,693		8,101,351
	Saudi National Bank		1,091,357		22,874,637
*	Saudi Research & Media Group		46,206		3,226,903
	Saudi Telecom Co.		403,000		12,392,470
	Savola Group		305,124		2,884,532
	Southern Province Cement Co.		92,925		1,645,738
	Yanbu National Petrochemical Co.		230,735		3,729,376

TOTAL SAUDI ARABIA					225,421,884

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
SOUTH AFRICA — (4.0%)
	Absa Group Ltd.		822,531	$	8,886,267
	African Rainbow Minerals Ltd.		18,080		299,146
	Anglo American Platinum Ltd.		30,706		3,394,330
	AngloGold Ashanti Ltd., Sponsored ADR		438,837		8,961,052
	Aspen Pharmacare Holdings Ltd.		465,936		4,985,470
	Bid Corp. Ltd.		237,682		4,991,322
	Bidvest Group Ltd.		364,485		4,996,580
	Capitec Bank Holdings Ltd.		41,839		5,840,292
	Clicks Group Ltd.		277,963		5,470,191
*	Discovery Ltd.		547,181		5,253,830
#	Exxaro Resources Ltd.		326,361		4,663,756
	FirstRand Ltd.		2,693,023		11,597,988
	Gold Fields Ltd., Sponsored ADR		867,573		11,651,505
	Impala Platinum Holdings Ltd.		905,156		11,708,569
	Investec Ltd.		262,805		1,593,546
	Kumba Iron Ore Ltd.		34,502		1,145,414
	Mr Price Group Ltd.		256,073		3,470,851
	MTN Group Ltd.		2,050,540		21,748,016
	MultiChoice Group		429,429		3,503,147
	Naspers Ltd., Class N		44,930		4,531,457
	Nedbank Group Ltd.		599,588		8,372,869
	NEPI Rockcastle PLC		331,326		2,027,222
	Ninety One Ltd.		189,576		609,495
*	Northam Platinum Holdings Ltd.		303,245		3,614,479
#	Old Mutual Ltd.		7,858,201		6,304,234
W	Pepkor Holdings Ltd.		501,972		676,886
	Sanlam Ltd.		1,640,210		6,794,636
# *	Sasol Ltd., Sponsored ADR		620,870		15,062,306
	Shoprite Holdings Ltd.		341,834		4,937,461
	Sibanye Stillwater Ltd.		2,317,163		8,016,576
#	Sibanye Stillwater Ltd., ADR		214,816		2,951,572
	Standard Bank Group Ltd.		763,379		8,089,913
	Vodacom Group Ltd.		315,489		3,030,196
	Woolworths Holdings Ltd.		1,130,428		4,231,803

TOTAL SOUTH AFRICA					203,412,377

SOUTH KOREA — (12.5%)
*	Alteogen, Inc.		15,144		682,959
#	Amorepacific Corp.		19,398		2,760,447
	Amorepacific Group		32,258		1,269,068
	BGF retail Co. Ltd.		9,471		1,354,737
	BNK Financial Group, Inc.		310,932		1,928,409
	Celltrion Healthcare Co. Ltd.		32,799		1,651,788
*	Celltrion Pharm, Inc.		11,394		828,119
	Celltrion, Inc.		41,152		5,694,400
	Cheil Worldwide, Inc.		69,463		1,386,815
#	Chunbo Co. Ltd.		2,514		545,811
	CJ CheilJedang Corp.		11,858		3,728,994
	CJ Corp.		23,149		1,581,572
	CJ ENM Co. Ltd.		18,787		1,886,953
*	CJ Logistics Corp.		12,076		1,169,350
	Com2uSCorp.		2,949		219,123
	Coway Co. Ltd.		63,619		3,563,306
#	CS Wind Corp.		16,801		786,028
*	Daewoo Engineering & Construction Co. Ltd.		255,894		1,356,528
# *	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		71,856		1,481,382
#	DB HiTek Co. Ltd.		40,443		2,121,156
	DB Insurance Co. Ltd.		108,717		5,806,190
#	DL E&C Co. Ltd.		57,621		2,710,022

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	DL Holdings Co. Ltd.		17,437	$	849,831
	Dongjin Semichem Co. Ltd.		23,898		704,243
	Dongkuk Steel Mill Co. Ltd.		11,358		166,088
	Dongsuh Cos., Inc.		23,600		498,450
	Doosan Bobcat, Inc.		59,853		1,944,813
*	Doosan Enerbility		503,665		8,013,386
# *	Doosan Fuel Cell Co. Ltd.		28,267		768,017
	Douzone Bizon Co. Ltd.		12,968		415,098
#	Ecopro BM Co. Ltd.		4,075		1,505,477
	E-MART, Inc.		19,906		2,059,839
	Fila Holdings Corp.		58,576		1,496,674
*	Genexine, Inc.		6,682		211,605
	Green Cross Corp.		4,475		664,231
	GS Engineering & Construction Corp.		98,103		3,230,503
	GS Holdings Corp.		66,891		2,310,656
	GS Retail Co. Ltd.		60,832		1,377,001
	Hana Financial Group, Inc.		337,861		12,543,667
*	Hanjin Kal Corp.		6,881		311,170
	Hankook Tire & Technology Co. Ltd.		109,620		3,008,714
	Hanmi Pharm Co. Ltd.		3,574		882,305
	Hanmi Science Co. Ltd.		7,614		307,042
	Hanon Systems		199,212		1,782,737
#	Hansol Chemical Co. Ltd.		9,131		1,756,843
	Hanssem Co. Ltd.		8,117		501,835
#	Hanwha Aerospace Co. Ltd.		44,162		1,848,094
	Hanwha Corp.		56,544		1,335,868
*	Hanwha Life Insurance Co. Ltd.		349,192		809,166
# *	Hanwha Solutions Corp.		159,710		4,014,141
	HD Hyundai Co. Ltd.		50,425		2,315,545
#	Hite Jinro Co. Ltd.		24,304		715,109
*	HLB, Inc.		63,504		1,545,672
#	HMM Co. Ltd.		306,607		6,796,160
#	Hotel Shilla Co. Ltd.		17,003		1,082,019
*	Hugel, Inc.		3,673		361,580
*	HYBE Co. Ltd.		3,791		744,506
#	Hyosung Advanced Materials Corp.		2,410		897,104
	Hyosung Corp.		9,034		591,594
	Hyosung TNC Corp.		2,817		910,221
	Hyundai Autoever Corp.		3,482		364,773
	Hyundai Department Store Co. Ltd.		6,109		363,589
*	Hyundai Doosan Infracore Co. Ltd.		223,139		1,154,244
	Hyundai Elevator Co. Ltd.		17,141		481,315
	Hyundai Engineering & Construction Co. Ltd.		84,807		2,950,255
	Hyundai Glovis Co. Ltd.		23,532		3,855,460
	Hyundai Marine & Fire Insurance Co. Ltd.		127,359		3,282,492
*	Hyundai Mipo Dockyard Co. Ltd.		15,813		1,038,034
	Hyundai Mobis Co. Ltd.		59,731		9,717,463
	Hyundai Motor Co.		59,619		8,649,984
*	Hyundai Rotem Co. Ltd.		47,080		701,751
	Hyundai Steel Co.		101,051		3,433,896
#	Hyundai Wia Corp.		16,610		848,018
#	Iljin Materials Co. Ltd.		12,480		855,205
	Industrial Bank of Korea		343,994		3,052,218
	Kakao Corp.		87,084		6,083,124
*	Kangwon Land, Inc.		67,758		1,423,901
	KB Financial Group, Inc.		191,744		8,920,700
	KB Financial Group, Inc., ADR		30,584		1,404,417
#	KCC Corp.		4,724		1,259,509
	KCC Glass Corp.		1,840		89,630

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	KEPCO Engineering & Construction Co., Inc.		4,509	$	258,789
	Kia Corp.		151,752		9,953,451
#	KIWOOM Securities Co. Ltd.		35,015		2,613,148
# *	KMW Co. Ltd.		13,691		352,541
#	Kolon Industries, Inc.		14,644		713,267
#	Korea Aerospace Industries Ltd.		53,028		1,828,385
# *	Korea Electric Power Corp., Sponsored ADR		64,227		570,336
*	Korea Electric Power Corp.		92,178		1,682,112
	Korea Gas Corp.		24,489		800,498
	Korea Investment Holdings Co. Ltd.		62,842		3,484,024
*	Korea Shipbuilding & Offshore Engineering Co. Ltd.		43,101		3,100,512
	Korea Zinc Co. Ltd.		4,721		2,155,315
*	Korean Air Lines Co. Ltd.		153,072		3,606,820
	KT Corp., Sponsored ADR		82,100		1,143,653
	KT&G Corp.		118,216		7,763,108
#	Kumho Petrochemical Co. Ltd.		35,567		4,300,591
*	L&F Co. Ltd.		8,283		1,401,350
#	LEENO Industrial, Inc.		10,832		1,501,516
	LG Chem Ltd.		28,624		11,723,386
	LG Corp.		73,098		4,221,291
#	LG Display Co. Ltd., ADR		376,225		2,419,127
#	LG Display Co. Ltd.		340,337		4,446,916
	LG Electronics, Inc.		157,679		14,280,524
	LG Household & Health Care Ltd.		5,486		3,928,966
	LG Innotek Co. Ltd.		16,572		4,496,614
	LG Uplus Corp.		502,491		5,551,115
#	Lotte Chemical Corp.		23,864		3,683,206
#	Lotte Corp.		29,812		804,275
	LOTTE Fine Chemical Co. Ltd.		11,719		752,353
#	Lotte Shopping Co. Ltd.		12,790		947,434
	LS Corp.		19,269		874,957
	LS Electric Co. Ltd.		22,156		832,125
	Macquarie Korea Infrastructure Fund		340,681		3,849,279
#	Mando Corp.		41,977		1,780,844
	Meritz Financial Group, Inc.		67,208		2,013,239
	Meritz Fire & Marine Insurance Co. Ltd.		58,746		2,055,348
#	Meritz Securities Co. Ltd.		459,960		2,377,859
	Mirae Asset Securities Co. Ltd.		456,777		2,889,419
	NAVER Corp.		36,928		8,226,044
	NCSoft Corp.		7,297		2,416,522
# W	Netmarble Corp.		8,792		660,879
	NH Investment & Securities Co. Ltd.		177,468		1,514,635
	NongShim Co. Ltd.		2,415		577,129
	OCI Co. Ltd.		22,783		1,882,076
	Orion Corp.		21,944		1,635,610
#	Osstem Implant Co. Ltd.		7,119		637,649
	Ottogi Corp.		1,318		488,827
	Pan Ocean Co. Ltd.		365,699		1,911,663
# *	Pearl Abyss Corp.		18,229		970,780
#	POSCO Chemical Co. Ltd.		12,539		1,324,642
	POSCO Holdings, Inc.		41,382		9,448,620
#	Posco International Corp.		84,360		1,638,285
	S-1 Corp.		18,026		982,158
* W	Samsung Biologics Co. Ltd.		4,684		3,089,514
	Samsung C&T Corp.		72,887		6,594,420
	Samsung Card Co. Ltd.		26,138		692,355
	Samsung Electro-Mechanics Co. Ltd.		51,069		6,610,126
	Samsung Electronics Co. Ltd.		3,140,501		167,368,431
*	Samsung Engineering Co. Ltd.		125,475		2,560,069

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Samsung Fire & Marine Insurance Co. Ltd.		40,945	$	6,786,963
*	Samsung Heavy Industries Co. Ltd.		684,240		3,266,087
	Samsung Life Insurance Co. Ltd.		59,066		3,036,441
	Samsung SDI Co. Ltd.		19,354		9,219,361
	Samsung SDS Co. Ltd.		23,974		2,793,828
	Samsung Securities Co. Ltd.		74,696		2,332,895
	Seegene, Inc.		39,238		1,244,214
*	Shin Poong Pharmaceutical Co. Ltd.		17,525		418,006
	Shinhan Financial Group Co. Ltd.		380,795		12,651,777
*	Shinhan Financial Group Co. Ltd., ADR		46,849		1,532,431
	Shinsegae, Inc.		10,056		1,959,457
# *	SK Biopharmaceuticals Co. Ltd.		12,316		889,725
#	SK Chemicals Co. Ltd.		13,677		1,364,143
	SK Hynix, Inc.		372,004		32,598,002
*	SK Innovation Co. Ltd.		41,155		6,550,067
	SK Networks Co. Ltd.		242,361		925,194
	SK Telecom Co. Ltd.		14,597		658,444
	SK, Inc.		45,127		9,473,986
	SKC Co. Ltd.		15,436		1,804,122
	S-Oil Corp.		41,266		3,376,294
	Solus Advanced Materials Co. Ltd.		4,267		239,742
	Soulbrain Co. Ltd.		4,534		871,949
	Ssangyong C&E Co. Ltd.		107,296		704,151
*	Studio Dragon Corp.		9,633		632,620
	Tokai Carbon Korea Co. Ltd.		3,309		367,888
#	Wemade Co. Ltd.		8,431		500,244
	WONIK IPS Co. Ltd.		21,433		671,114
	Woori Financial Group, Inc.		563,198		6,524,886
	Youngone Corp.		13,721		517,133
#	Yuhan Corp.		28,751		1,385,067

TOTAL SOUTH KOREA					633,404,497

TAIWAN — (17.1%)
	Accton Technology Corp.		418,000		3,260,346
#	Acer, Inc.		4,172,811		3,871,352
#	Advantech Co. Ltd.		175,190		2,177,727
	Airtac International Group		159,602		4,331,305
#	Alchip Technologies Ltd.		64,000		1,874,905
	AP Memory Technology Corp.		73,000		600,828
#	ASE Technology Holding Co. Ltd., ADR		27,294		175,775
	ASE Technology Holding Co. Ltd.		3,304,782		10,543,451
	Asia Cement Corp.		2,725,758		4,429,437
#	ASMedia Technology, Inc.		20,000		941,298
#	ASPEED Technology, Inc.		23,000		2,020,164
#	Asustek Computer, Inc.		631,180		7,592,032
#	AU Optronics Corp.		11,326,873		6,469,780
	Catcher Technology Co. Ltd.		824,429		4,034,172
	Cathay Financial Holding Co. Ltd.		4,241,340		8,917,679
	Chailease Holding Co. Ltd.		1,254,301		9,967,683
	Chang Hwa Commercial Bank Ltd.		4,925,403		3,079,243
	Cheng Shin Rubber Industry Co. Ltd.		2,641,965		2,977,453
	Chicony Electronics Co. Ltd.		818,497		2,276,748
*	China Airlines Ltd.		6,027,536		5,535,788
#	China Development Financial Holding Corp.		13,783,045		8,311,757
#	China Steel Corp.		11,906,932		14,423,692
#	Chipbond Technology Corp.		986,000		2,217,060
	Chroma ATE, Inc.		390,000		2,168,001
#	Chung Hung Steel Corp.		1,029,000		1,298,225
	Chunghwa Telecom Co. Ltd., Sponsored ADR		117,361		5,142,759

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Chunghwa Telecom Co. Ltd.		683,000	$	3,027,715
#	Compal Electronics, Inc.		5,218,541		3,915,890
	CTBC Financial Holding Co. Ltd.		16,703,175		16,429,559
#	Delta Electronics, Inc.		1,704,486		14,228,342
#	E Ink Holdings, Inc.		691,000		3,950,665
	E.Sun Financial Holding Co. Ltd.		8,930,101		10,199,271
#	Eclat Textile Co. Ltd.		153,402		2,517,099
#	Elan Microelectronics Corp.		333,000		1,679,692
	Elite Material Co. Ltd.		288,000		2,129,641
#	Elite Semiconductor Microelectronics Technology, Inc.		137,000		562,192
	eMemory Technology, Inc.		67,000		2,815,803
# *	Ennostar, Inc.		134,000		262,468
	Eternal Materials Co. Ltd.		808,591		1,036,488
*	Eva Airways Corp.		3,439,758		4,040,981
	Evergreen Marine Corp. Taiwan Ltd.		2,314,222		11,124,310
	Far Eastern International Bank.		432,098		174,751
	Far Eastern New Century Corp.		3,222,085		3,266,267
	Far EasTone Telecommunications Co. Ltd.		1,571,000		4,414,113
	Faraday Technology Corp.		33,000		281,635
	Farglory Land Development Co. Ltd.		48,000		109,107
	Feng TAY Enterprise Co. Ltd.		433,559		2,791,295
	First Financial Holding Co. Ltd.		9,610,084		9,025,044
	Formosa Chemicals & Fibre Corp.		3,269,518		8,805,336
	Formosa Petrochemical Corp.		462,000		1,424,938
	Formosa Plastics Corp.		3,167,153		11,259,370
	Formosa Sumco Technology Corp.		85,000		550,250
	Formosa Taffeta Co. Ltd.		699,000		641,284
#	Foxconn Technology Co. Ltd.		1,025,627		2,032,281
	Fubon Financial Holding Co. Ltd.		3,580,554		8,990,472
#	Genius Electronic Optical Co. Ltd.		130,695		1,645,252
	Giant Manufacturing Co. Ltd.		418,506		3,498,910
#	Gigabyte Technology Co. Ltd.		662,000		2,375,046
	Global Unichip Corp.		89,000		1,218,779
	Globalwafers Co. Ltd.		171,000		2,980,116
#	HannStar Display Corp.		2,285,000		1,003,136
	Highwealth Construction Corp.		909,841		1,441,920
#	Hiwin Technologies Corp.		374,853		2,775,854
	Hon Hai Precision Industry Co. Ltd.		5,794,322		19,851,806
	Hotai Finance Co. Ltd.		42,000		157,918
	Hotai Motor Co. Ltd.		288,000		5,616,285
	Hua Nan Financial Holdings Co. Ltd.		7,955,401		6,362,359
#	Innolux Corp.		13,509,241		6,151,630
	International Games System Co. Ltd.		73,000		1,792,302
	Inventec Corp.		2,894,550		2,472,790
	ITEQ Corp.		225,455		790,577
	King Yuan Electronics Co. Ltd.		1,629,000		2,205,879
	King’s Town Bank Co. Ltd.		329,000		434,268
	Kinsus Interconnect Technology Corp.		298,000		1,679,895
	Largan Precision Co. Ltd.		82,860		4,702,097
	Lien Hwa Industrial Holdings Corp.		839,106		1,589,446
	Lite-On Technology Corp.		2,650,410		5,807,060
	Lotes Co. Ltd.		76,139		1,862,059
	Macronix International Co. Ltd.		2,734,074		3,478,813
#	Makalot Industrial Co. Ltd.		272,000		1,673,229
	MediaTek, Inc.		799,995		22,054,245
	Mega Financial Holding Co. Ltd.		9,315,369		13,095,604
	Merida Industry Co. Ltd.		207,287		1,685,671
	Micro-Star International Co. Ltd.		982,000		3,965,399
	momo.com, Inc.		39,500		1,042,688

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Nan Ya Plastics Corp.		3,815,599	$	11,147,578
#	Nan Ya Printed Circuit Board Corp.		91,000		1,208,702
	Nantex Industry Co. Ltd.		332,000		614,343
	Nanya Technology Corp.		1,356,010		2,967,258
	Nien Made Enterprise Co. Ltd.		277,000		2,917,460
#	Novatek Microelectronics Corp.		839,000		11,098,770
	Nuvoton Technology Corp.		171,000		820,169
# *	Oneness Biotech Co. Ltd.		187,000		1,225,413
	Parade Technologies Ltd.		59,000		2,805,838
	Pegatron Corp.		2,363,345		5,599,067
	Phison Electronics Corp.		149,000		1,920,496
	Pou Chen Corp.		2,710,487		2,826,608
	Powertech Technology, Inc.		1,292,819		4,062,134
	Poya International Co. Ltd.		56,933		605,365
	President Chain Store Corp.		347,831		3,218,353
	Qisda Corp.		1,932,000		2,052,760
	Quanta Computer, Inc.		2,646,000		7,452,480
#	Radiant Opto-Electronics Corp.		649,000		2,237,673
#	Realtek Semiconductor Corp.		463,950		6,295,575
	Ruentex Development Co. Ltd.		1,330,483		3,482,239
	Ruentex Industries Ltd.		509,741		1,962,936
	Shanghai Commercial & Savings Bank Ltd.		3,011,000		4,967,117
#	Shin Kong Financial Holding Co. Ltd.		13,710,712		4,533,624
	Silergy Corp.		31,000		2,760,005
	Simplo Technology Co. Ltd.		260,000		2,554,989
#	Sinbon Electronics Co. Ltd.		190,000		1,668,878
	Sino Horizon Holdings Ltd.		15,000		12,893
	Sino-American Silicon Products, Inc.		705,000		3,509,007
	SinoPac Financial Holdings Co. Ltd.		11,426,623		7,036,776
	Standard Foods Corp.		481,418		820,747
	Synnex Technology International Corp.		1,370,343		3,566,587
#	TA Chen Stainless Pipe		1,981,013		2,929,928
	Taichung Commercial Bank Co. Ltd.		2,058,425		1,036,896
	Taishin Financial Holding Co. Ltd.		9,624,036		6,295,192
	Taiwan Business Bank		6,998,336		3,000,419
	Taiwan Cement Corp.		4,680,034		7,265,159
	Taiwan Cooperative Financial Holding Co. Ltd.		8,595,549		8,265,690
#	Taiwan FamilyMart Co. Ltd.		48,000		324,279
	Taiwan Fertilizer Co. Ltd.		650,000		1,636,112
	Taiwan Glass Industry Corp.		1,402,375		1,054,083
	Taiwan High Speed Rail Corp.		1,713,000		1,622,882
	Taiwan Mobile Co. Ltd.		2,054,300		7,547,263
	Taiwan Secom Co. Ltd.		335,670		1,240,742
	Taiwan Semiconductor Manufacturing Co. Ltd.		12,971,808		234,564,591
*	Tatung Co. Ltd.		1,748,000		1,965,432
#	Teco Electric & Machinery Co. Ltd.		2,143,000		2,250,581
	Tong Hsing Electronic Industries Ltd.		33,000		256,151
	Tripod Technology Corp.		623,870		2,601,282
	Tung Ho Steel Enterprise Corp.		321,040		681,149
	U-Ming Marine Transport Corp.		289,000		621,049
#	Unimicron Technology Corp.		736,000		5,162,396
	Uni-President Enterprises Corp.		4,631,033		10,714,445
#	United Microelectronics Corp., Sponsored ADR		43,700		347,852
#	United Microelectronics Corp.		9,015,000		14,321,128
#	Vanguard International Semiconductor Corp.		1,276,000		4,489,652
	Voltronic Power Technology Corp.		75,224		3,291,116
	Walsin Lihwa Corp.		2,671,000		3,980,230
	Walsin Technology Corp.		455,000		1,859,564
	Wan Hai Lines Ltd.		819,780		3,973,660

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Win Semiconductors Corp.		461,034	$	3,000,779
#	Winbond Electronics Corp.		4,548,407		4,106,405
†† ^	Wintek Corp.		604,760		7,039
	Wisdom Marine Lines Co. Ltd.		390,000		1,200,064
	Wistron Corp.		4,067,699		3,918,851
#	Wiwynn Corp.		97,000		3,316,976
	WPG Holdings Ltd.		1,982,039		3,636,120
#	WT Microelectronics Co. Ltd.		87,000		209,675
#	Yageo Corp.		359,682		4,854,818
*	Yang Ming Marine Transport Corp.		2,345,000		9,783,154
	YFY, Inc.		1,334,000		1,405,165
# *	Yieh Phui Enterprise Co. Ltd.		808,000		573,835
	Yuanta Financial Holding Co. Ltd.		9,048,398		7,964,334
	Yulon Finance Corp.		287,700		2,237,975
	Yulon Motor Co. Ltd.		19,000		25,290
	Zhen Ding Technology Holding Ltd.		971,700		3,440,575

TOTAL TAIWAN					866,667,770

THAILAND — (2.2%)
	Advanced Info Service PCL		733,300		4,603,197
	AEON Thana Sinsap Thailand PCL		143,100		804,285
*	Airports of Thailand PCL		1,898,400		3,699,801
	Asset World Corp. PCL		5,732,900		810,138
	B Grimm Power PCL		550,100		521,993
	Bangkok Bank PCL		462,200		1,781,326
	Bangkok Bank PCL, NVDR		126,700		482,755
	Bangkok Chain Hospital PCL		2,038,800		1,279,831
	Bangkok Commercial Asset Management PCL		1,737,200		973,846
	Bangkok Dusit Medical Services PCL, Class F		3,978,300		2,990,985
	Bangkok Expressway & Metro PCL		4,431,099		1,067,345
	Bangkok Life Assurance PCL, NVDR		494,900		635,784
	Banpu PCL		5,801,666		2,083,518
	Banpu Power PCL		669,100		318,433
	Berli Jucker PCL		1,097,400		1,097,400
	BTS Group Holdings PCL		4,536,300		1,192,020
	Bumrungrad Hospital PCL		171,300		802,734
	Carabao Group PCL, Class F		238,200		761,544
	Central Pattana PCL		882,500		1,558,869
*	Central Plaza Hotel PCL		265,400		360,324
	Central Retail Corp. PCL		1,746,050		2,013,693
	Charoen Pokphand Foods PCL		5,098,500		3,587,558
	Chularat Hospital PCL, Class F		4,224,400		481,027
	CK Power PCL		1,368,200		217,714
	Com7 PCL, Class F		1,186,000		1,445,708
	CP ALL PCL		3,496,300		6,635,314
	Delta Electronics Thailand PCL		115,000		1,218,832
	Dohome PCL		773,400		453,879
	Electricity Generating PCL		231,200		1,123,936
	Energy Absolute PCL		823,900		2,128,909
	Global Power Synergy PCL, Class F		282,900		549,280
	Gulf Energy Development PCL		1,161,100		1,652,661
	Gunkul Engineering PCL		5,933,900		1,004,865
	Hana Microelectronics PCL		536,596		705,017
	Home Product Center PCL		3,733,413		1,635,071
	Indorama Ventures PCL		1,401,500		1,851,617
	Intouch Holdings PCL, Class F		298,300		609,664
	IRPC PCL		22,011,000		2,236,446
*	Jasmine Technology Solution PCL		70,700		1,139,457
	Jay Mart PCL		238,900		435,949

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
THAILAND — (Continued)
	JMT Network Services PCL, Class F		357,153	$	907,221
	Kasikornbank PCL		121,700		543,653
	Kasikornbank PCL, NVDR		5,500		24,569
	KCE Electronics PCL		893,000		1,603,489
	Kiatnakin Phatra Bank PCL		327,800		691,490
	Krung Thai Bank PCL		3,247,887		1,441,398
	Krungthai Card PCL		695,700		1,173,042
	Land & Houses PCL		6,942,300		1,935,736
*	Minor International PCL		1,676,883		1,713,603
	MK Restaurants Group PCL		302,800		486,248
	Muangthai Capital PCL		848,200		1,145,380
	Osotspa PCL		1,347,500		1,377,007
	PTT Exploration & Production PCL		1,189,455		5,244,021
	PTT Global Chemical PCL		1,207,972		1,763,463
	PTT PCL		6,782,700		7,426,314
	Ratch Group PCL		676,900		869,594
	Regional Container Lines PCL		611,000		798,314
	SCB X PCL		355,366		1,193,200
	SCG Packaging PCL		649,700		1,048,056
	Siam Cement PCL, NVDR		76,500		826,423
	Siam Cement PCL (The)		370,900		4,006,803
	Siam City Cement PCL		72,189		320,372
	Siam Global House PCL		1,544,492		983,063
	Sri Trang Agro-Industry PCL		1,804,908		1,330,626
	Sri Trang Gloves Thailand PCL		1,003,400		711,901
	Srisawad Corp. PCL		1,031,672		1,619,047
	Star Petroleum Refining PCL		289,300		91,224
*	STARK Corp. PCL		2,102,900		288,573
	Thai Oil PCL		1,530,300		2,524,436
	Thai Union Group PCL, Class F		4,988,840		2,461,647
	Tisco Financial Group PCL		309,700		820,592
	TMBThanachart Bank PCL		25,172,967		955,470
	TOA Paint Thailand PCL		830,000		702,774
	Total Access Communication PCL		924,100		1,241,127
	True Corp. PCL		20,297,931		2,856,526
	TTW PCL		1,054,700		338,736
	VGI PCL		3,334,370		482,875
	WHA Corp. PCL		8,082,200		792,881

TOTAL THAILAND					113,693,619

TURKEY — (0.5%)
	Akbank TAS		2,388,099		1,431,043
	Aksa Akrilik Kimya Sanayii AS		26,354		81,554
*	Aksa Enerji Uretim AS		381,816		427,232
	Anadolu Efes Biracilik Ve Malt Sanayii AS		250,784		498,926
#	Arcelik AS		234,471		1,061,292
	Aselsan Elektronik Sanayi Ve Ticaret AS		276,008		454,094
	BIM Birlesik Magazalar AS		283,141		1,590,710
#	Borusan Yatirim ve Pazarlama AS		2,256		58,043
	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		10,590		23,355
	Coca-Cola Icecek AS		53,405		443,024
	Dogan Sirketler Grubu Holding AS		822,958		191,134
	Dogus Otomotiv Servis ve Ticaret AS		9,274		41,660
W	Enerjisa Enerji AS		87,431		82,880
	Enka Insaat ve Sanayi AS		724,135		769,742
	Eregli Demir ve Celik Fabrikalari TAS		968,005		2,179,948
	Ford Otomotiv Sanayi AS		57,714		1,159,546
# *	Gubre Fabrikalari TAS		17,401		94,033
*	Hektas Ticaret TAS		36,023		53,682

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
TURKEY — (Continued)
	Jantsa Jant Sanayi Ve Ticaret AS		29,225	$	160,602
*	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class A		194,015		164,534
*	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class B		106,371		90,774
# *	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D		924,114		935,581
	KOC Holding AS		394,102		1,065,815
*	Koza Altin Isletmeleri AS		22,016		254,315
*	Koza Anadolu Metal Madencilik Isletmeleri AS		251,025		528,957
*	Migros Ticaret AS		18,633		56,886
	Nuh Cimento Sanayi AS		15,123		48,325
	Otokar Otomotiv Ve Savunma Sanayi AS		12,650		354,461
*	Oyak Cimento Fabrikalari AS		119,573		86,319
*	Pegasus Hava Tasimaciligi AS		35,848		321,824
*	Petkim Petrokimya Holding AS		1,165,006		747,911
# *	Sasa Polyester Sanayi AS		131,993		569,053
#	Sok Marketler Ticaret AS		30,110		26,357
# *	TAV Havalimanlari Holding AS		252,220		727,713
	Tofas Turk Otomobil Fabrikasi AS		74,286		393,470
*	Turk Hava Yollari AO		306,328		851,217
#	Turk Telekomunikasyon AS		467,239		316,605
	Turk Traktor ve Ziraat Makineleri AS		7,711		121,929
#	Turkcell Iletisim Hizmetleri AS		936,850		1,359,105
	Turkiye Garanti Bankasi AS		1,573,948		1,587,803
# *	Turkiye Halk Bankasi AS		651,232		236,624
#	Turkiye Is Bankasi AS, Class C		1,304,862		924,486
# *	Turkiye Petrol Rafinerileri AS		64,525		1,016,030
	Turkiye Sise ve Cam Fabrikalari AS		729,541		889,894
# *	Turkiye Vakiflar Bankasi TAO, Class D		822,870		246,387
	Ulker Biskuvi Sanayi AS		30,292		34,038
	Vestel Beyaz Esya Sanayi ve Ticaret AS		296,319		182,730
#	Vestel Elektronik Sanayi ve Ticaret AS		188,411		329,987
#	Yapi ve Kredi Bankasi AS		3,271,613		1,070,662

TOTAL TURKEY					26,342,292

UNITED ARAB EMIRATES — (1.2%)
	Abu Dhabi Commercial Bank PJSC		2,084,907		5,763,370
	Abu Dhabi Islamic Bank PJSC		1,372,506		3,269,048
	Abu Dhabi National Oil Co. for Distribution PJSC		1,309,234		1,468,698
	Aldar Properties PJSC		3,907,903		5,987,681
	Dubai Islamic Bank PJSC		2,898,963		5,070,762
	Emaar Properties PJSC		4,073,329		7,025,889
	Emirates Integrated Telecommunications Co. PJSC		195,189		349,354
	Emirates NBD Bank PJSC		1,126,916		4,655,453
	Emirates Telecommunications Group Co. PJSC		1,557,870		14,900,654
	First Abu Dhabi Bank PJSC		2,034,757		12,404,394
*	International Holding Co. PJSC		24,261		1,439,478

TOTAL UNITED ARAB EMIRATES					62,334,781

UNITED STATES — (0.0%)
	Sempra Energy		9,888		1,602,896

TOTAL COMMON STOCKS					4,962,259,071

PREFERRED STOCKS — (0.9%)
BRAZIL — (0.9%)
	Alpargatas SASeries D		117,103		464,248
	Banco Bradesco SA		2,498,038		9,084,785
W	Banco Inter SA		179,984		190,398
	Braskem SA Class A		48,439		394,061

THE EMERGING MARKETS SERIES

CONTINUED


		Shares		Value»
BRAZIL — (Continued)
	Centrais Eletricas Brasileiras SA Class B		103,746	$	842,525
	Cia de Transmissao de Energia Eletrica Paulista		122,300		622,390
	Cia Energetica de Minas Gerais		841,823		2,497,910
	Cia Paranaense de Energia		926,126		1,393,699
	Gerdau SA		653,216		3,695,517
	Itau Unibanco Holding SA		2,317,176		11,187,611
	Petroleo Brasileiro SA		2,024,507		12,399,412
	Usinas Siderurgicas de Minas Gerais SA Usiminas Class A		607,819		1,390,474

TOTAL BRAZIL					44,163,030

CHILE — (0.0%)
	Embotelladora Andina SA Class B		488,074		887,137

COLOMBIA — (0.0%)
	Banco Davivienda SA		73,105		613,210
	Grupo Argos SA		38,570		88,288
	Grupo Aval Acciones y Valores SA		3,126,389		671,407
	Grupo de Inversiones Suramericana SA		84,488		467,694

TOTAL COLOMBIA					1,840,599

SOUTH KOREA — (0.0%)
	Hyundai Engineering & Construction Co. Ltd.		1,442		84,571

TAIWAN — (0.0%)
*	China Development Financial Holding Corp.		1,176,143		359,906

TOTAL PREFERRED STOCKS					47,335,243

RIGHTS/WARRANTS — (0.0%)
HONG KONG — (0.0%)
*	Orient Securities Co. Ltd. Rights 05/20/2022		283,584		0

PHILIPPINES — (0.0%)
*	UBP PALS Rights Rights 05/06/2022		607		95

SOUTH KOREA — (0.0%)
*	Solus Advanced Materials Co. Ltd. Rights 05/10/22		1,240		22,707

THAILAND — (0.0%)
*	TTB W1 Warrants 04/21/2023		251,730		2,573
*	VGI PCL Warrants 03/30/2023		769,470		0

TOTAL THAILAND					2,573

TOTAL RIGHTS/WARRANTS					25,375

TOTAL INVESTMENT SECURITIES (Cost $3,183,282,795)					5,009,619,689


				Value†
SECURITIES LENDING COLLATERAL — (1.3%)
@ §	The DFA Short Term Investment Fund		5,810,913		67,214,830

TOTAL INVESTMENTS — (100.0%) (Cost $3,250,497,307)				$	5,076,834,519

ADR	American Depositary Receipt

CP	Certificate Participation

GDR	Global Depositary Receipt

SA	Special Assessment

THE EMERGING MARKETS SERIES

CONTINUED


»		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).
^		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 Note B to Financial Statements.
@		Security purchased with cash collateral received from Securities on Loan.
§		Affiliated Fund.

As of April 30, 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		650		06/17/22	$	34,172,679	$	34,365,500	$	192,821

Total Futures Contracts					$	34,172,679	$	34,365,500	$	192,821

Summary of the Series’ investments as of April 30, 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	$	202,893,996		—		—	$	202,893,996
Chile		12,779,847	$	12,899,471		—		25,679,318
China		206,663,795		1,140,791,590	$	647,063		1,348,102,448
Colombia		9,540,573		—		—		9,540,573
Czech Republic		—		8,864,572		—		8,864,572
Egypt		2,305		2,336,405		—		2,338,710
Greece		—		15,128,218		11,980		15,140,198
Hong Kong		—		14,571		—		14,571
Hungary		—		13,143,473		—		13,143,473
India		28,925,610		745,749,695		—		774,675,305
Indonesia		—		107,021,799		—		107,021,799
Malaysia		—		82,584,296		—		82,584,296
Mexico		111,819,440		—		—		111,819,440
Peru		6,540,713		—		—		6,540,713
Philippines		1,235,319		39,078,219		—		40,313,538
Poland		—		36,712,092		—		36,712,092
Qatar		—		43,993,913		—		43,993,913
Saudi Arabia		—		225,421,884		—		225,421,884
South Africa		38,626,435		164,785,942		—		203,412,377
South Korea		7,069,964		626,334,533		—		633,404,497
Taiwan		5,666,386		860,994,345		7,039		866,667,770
Thailand		111,360,962		2,332,657		—		113,693,619
Turkey		851,217		25,491,075		—		26,342,292
United Arab Emirates		—		62,334,781		—		62,334,781
United States		1,602,896		—		—		1,602,896
Preferred Stocks Brazil		44,163,030		—		—		44,163,030
Chile		—		887,137		—		887,137
Colombia		1,840,599		—		—		1,840,599
South Korea		—		84,571		—		84,571

THE EMERGING MARKETS SERIES

CONTINUED


	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Taiwan		—	$	359,906		—	$	359,906
Rights/Warrants Philippines		—		95		—		95
South Korea		—		22,707		—		22,707
Thailand		—		2,573		—		2,573
Securities Lending Collateral		—		67,214,830		—		67,214,830
Futures Contracts**	$	192,821		—		—		192,821

TOTAL	$	791,775,908	$	4,284,585,350	$	666,082^	$	5,077,027,340

**	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

April 30, 2022

(Unaudited)


		Shares		Value»
COMMON STOCKS — (97.1%)
BRAZIL — (4.5%)
	AES Brasil Energia SA		989,040	$	2,210,559
	Aliansce Sonae Shopping Centers SA		329,671		1,406,986
*	Alliar Medicos A Frente SA		202,000		793,054
	Alper Consultoria e Corretora de Seguros SA		4,700		32,085
	Alupar Investimento SA		487,851		2,593,215
*	Anima Holding SA		1,034,673		1,161,508
	Arezzo Industria e Comercio SA		124,554		2,254,037
	Auren Energia SA		1,079,830		3,201,956
# *	Azul SA, ADR		229,932		3,076,490
*	BK Brasil Operacao e Assessoria a Restaurantes SA		393,328		501,212
*	BR Malls Participacoes SA		2,734,967		5,249,818
	BR Properties SA		651,053		1,175,963
	BrasilAgro—Co. Brasileira de Propriedades Agricolas		207,535		1,426,818
*	BRF SA		2,061,492		5,662,489
*	C&A Modas Ltda		116,600		103,300
	Camil Alimentos SA		458,508		795,720
	Cia Brasileira de Distribuicao		456,026		1,875,223
	Cia de Locacao das Americas		1,789,285		8,526,695
	Cia de Saneamento de Minas Gerais-COPASA		623,774		1,723,471
	Cia de Saneamento do Parana		1,214,637		4,857,123
	Cia de Saneamento do Parana		258,100		202,556
	Cia Paranaense de Energia		480,084		633,127
	Cielo SA		2,908,242		2,000,025
*	Cogna Educacao		4,570,428		2,264,899
	Construtora Tenda SA		273,378		321,820
	CSU Cardsystem SA		60,414		170,588
	Cury Construtora e Incorporadora SA		56,800		84,213
	Cyrela Brazil Realty SA Empreendimentos e Participacoes		582,068		1,665,927
	Dexco SA		1,141,000		2,970,230
	Dimed SA Distribuidora da Medicamentos		157,832		369,364
	Direcional Engenharia SA		326,075		758,475
*	Dommo Energia SA		289,878		101,435
*	EcoRodovias Infraestrutura e Logistica SA		880,278		1,230,336
	EDP—Energias do Brasil SA		1,020,878		4,373,466
*	Embraer SA		1,203,609		3,459,437
# *	Embraer SA, Sponsored ADR		410,516		4,667,567
*	Empreendimentos Pague Menos S/A		155,900		256,052
	Enauta Participacoes SA		355,424		1,483,824
	Energisa SA		448,100		4,317,900
*	Eneva SA		1,749,400		4,854,776
	Eternit SA		86,200		239,737
	Even Construtora e Incorporadora SA		295,494		319,763
	Ez Tec Empreendimentos e Participacoes SA		365,756		1,158,536
	Fleury SA		644,600		1,880,102
	Fras-Le SA		107,799		241,155
*	Gafisa SA		718,605		228,200
	Gafisa SA, ADR		70,307		46,403
# *	Gol Linhas Aereas Inteligentes SA, ADR		225,868		1,371,019
	Grendene SA		883,823		1,689,363
*	Grupo Mateus SA		149,800		143,317
*	Grupo SBF SA		104,908		512,026
	Guararapes Confeccoes SA		374,231		697,905
	Helbor Empreendimentos SA		291,073		204,295
*	Hidrovias do Brasil SA		411,820		265,720
	Industrias Romi SA		134,600		364,273

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
BRAZIL — (Continued)
	Instituto Hermes Pardini SA		186,158	$	661,199
	Intelbras SA Industria de Telecomunicacao Eletronica Brasileira		47,300		269,796
*	International Meal Co. Alimentacao SA, Class A		623,142		312,582
	Iochpe-Maxion SA		422,811		1,139,993
*	IRB Brasil Resseguros SA		2,184,185		1,223,757
	JHSF Participacoes SA		972,400		1,290,253
	JSL SA		153,336		227,029
	Kepler Weber SA		52,246		605,104
	Light SA		1,264,900		2,284,723
	LOG Commercial Properties e Participacoes SA		161,672		782,533
*	Log-in Logistica Intermodal SA		202,371		1,079,814
	Lojas Quero Quero S/A		64,298		111,846
*	LPS Brasil Consultoria de Imoveis SA		99,200		81,464
	M Dias Branco SA		288,411		1,380,817
	Mahle-Metal Leve SA		119,824		599,853
	Marcopolo SA		518,000		242,029
	Marfrig Global Foods SA		1,128,320		4,279,169
*	Marisa Lojas SA		923,851		435,395
	Mills Estruturas e Servicos de Engenharia SA		568,820		856,000
	Minerva SA		1,083,948		2,878,718
W	Mitre Realty Empreendimentos E Participacoes LTDA		22,900		27,282
*	Moura Dubeux Engenharia S/A		46,700		57,998
	Movida Participacoes SA		465,747		1,709,829
	MRV Engenharia e Participacoes SA		1,042,403		2,175,912
	Multiplan Empreendimentos Imobiliarios SA		919,503		4,584,543
	Odontoprev SA		1,215,188		2,494,798
*	Omega Energia SA		491,800		1,062,394
	Pet Center Comercio e Participacoes SA		120,580		371,451
*	Petro Rio SA		2,136,021		11,535,667
	Porto Seguro SA		581,834		2,394,911
	Portobello SA		199,177		359,360
	Positivo Tecnologia SA		204,280		322,703
	Profarma Distribuidora de Produtos Farmaceuticos SA		157,202		126,869
	Qualicorp Consultoria e Corretora de Seguros SA		761,443		2,043,780
	Sao Carlos Empreendimentos e Participacoes SA		86,509		643,925
	Sao Martinho SA		848,376		7,963,901
W	Ser Educacional SA		208,380		394,510
	SIMPAR SA		1,748,912		4,128,238
	Sinqia SA		13,600		51,138
	SLC Agricola SA		429,179		4,593,057
	Sul America SA		815,303		4,379,989
	SYN prop e tech SA		54,690		62,832
	Tegma Gestao Logistica SA		114,559		328,573
	Terra Santa Propriedades Agricolas SA		9,971		57,277
	TOTVS SA		1,646,258		10,645,511
	Transmissora Alianca de Energia Eletrica SA		1,387,823		12,345,686
	Trisul SA		309,282		248,354
	Tupy SA		244,472		1,011,721
	Ultrapar Participacoes SA		1,572,276		4,156,524
	Unipar Carbocloro SA		9,870		182,948
	Usinas Siderurgicas de Minas Gerais SA Usiminas		95,500		203,210
	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		209,750		382,255
	Vamos Locacao de Caminhoes Maquinas e Equipamentos SA		79,900		220,762
*	Via SA		2,142,700		1,287,193
	Vivara Participacoes SA		178,087		916,379
	Vulcabras Azaleia SA		423,585		840,496
	Wiz Solucoes e Corretagem de Seguros SA		219,744		332,908

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
BRAZIL — (Continued)
	YDUQS Participacoes SA		1,045,937	$	3,410,331

TOTAL BRAZIL					202,972,842

CHILE — (0.6%)
	Aguas Andinas SA, Class A		1,135,913		199,806
	Besalco SA		2,204,594		625,474
*	Camanchaca SA		1,471,136		72,275
	CAP SA		150,738		1,869,642
	Cementos BIO BIO SA		352,724		278,993
	Cia Sud Americana de Vapores SA		39,076,434		4,417,384
	Colbun SA		3,812,169		272,381
	Cristalerias de Chile SA		130,323		474,185
	Embotelladora Andina SA, ADR, Class B		4,380		46,910
	Empresa Nacional de Telecomunicaciones SA		481,357		1,758,322
	Empresas Hites SA		1,014,682		151,115
	Empresas Lipigas SA		6,383		14,353
	Empresas Tricot SA		70,631		19,630
	Engie Energia Chile SA		2,566,253		1,173,646
	Forus SA		414,760		491,237
	Grupo Security SA		5,120,316		663,487
	Hortifrut SA		127,405		124,151
	Instituto de Diagnostico SA		2,928		4,816
	Inversiones Aguas Metropolitanas SA		1,649,514		648,018
	Inversiones La Construccion SA		103,879		421,480
	Itau CorpBanca Chile SA		31,474,098		64,221
	Masisa SA		3,452,215		59,348
*	Multiexport Foods SA		3,836,112		1,394,525
	Parque Arauco SA		2,006,989		1,685,121
	PAZ Corp. SA		1,106,246		384,000
	Ripley Corp. SA		2,369,204		369,511
	Salfacorp SA		1,428,498		435,538
	Sigdo Koppers SA		1,164,083		1,010,157
	SMU SA		5,617,171		532,892
	Sociedad Matriz SAAM SA		35,390,775		2,199,577
	Socovesa SA		2,516,932		318,763
	SONDA SA		1,180,254		402,756
	Vina Concha y Toro SA		2,008,692		2,944,398

TOTAL CHILE					25,528,112

CHINA — (23.6%)
*	21Vianet Group, Inc., ADR		415,867		2,482,726
	263 Network Communications Co. Ltd., Class A		34,400		18,783
	360 DigiTech, Inc., ADR		313,070		4,517,600
*	361 Degrees International Ltd.		3,842,000		1,981,718
# * W	3SBio, Inc.		5,291,000		3,732,759
# *	51job, Inc., ADR		107,785		6,558,717
	5I5J Holding Group Co. Ltd., Class A		700,900		303,371
*	9F, Inc., ADR		4,700		3,899
#	AAC Technologies Holdings, Inc.		2,265,000		5,290,550
# W	AAG Energy Holdings Ltd.		2,159,601		409,611
	Accelink Technologies Co. Ltd., Class A		138,100		313,719
	Advanced Technology & Materials Co. Ltd., Class A		163,700		171,506
*	Aerospace Hi-Tech Holdings Grp Ltd., Class A		279,103		326,390
*	Aesthetic Medical International Holdings Group Ltd., ADR		1,633		2,449
#	Agile Group Holdings Ltd.		4,188,000		2,005,589
	Ajisen China Holdings Ltd.		2,398,000		339,710
W	Ak Medical Holdings Ltd.		1,702,000		921,558
	AKM Industrial Co. Ltd.		1,710,000		390,038

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Alibaba Pictures Group Ltd.		42,090,000	$	3,551,442
W	A-Living Smart City Services Co. Ltd.		2,128,500		3,366,374
	All Winner Technology Co. Ltd., Class A		110,010		301,612
	Allmed Medical Products Co. Ltd., Class A		68,100		110,873
*	Alpha Group, Class A		298,500		167,043
	Amoy Diagnostics Co. Ltd., Class A		49,094		338,708
	An Hui Wenergy Co. Ltd., Class A		901,802		520,825
	Angang Steel Co. Ltd., Class H		5,804,999		2,539,290
	Anhui Construction Engineering Group Co. Ltd., Class A		684,590		648,598
	Anhui Expressway Co. Ltd., Class H		1,808,000		1,593,479
	Anhui Guangxin Agrochemical Co. Ltd., Class A		71,400		384,807
	Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A		520,729		593,509
	Anhui Jianghuai Automobile Group Corp. Ltd., Class A		322,119		383,768
	Anhui Jiangnan Chemical Industry Co. Ltd., Class A		706,440		546,098
	Anhui Jinhe Industrial Co. Ltd., Class A		122,800		702,681
	Anhui Korrun Co. Ltd., Class A		81,366		179,432
*	Anhui Tatfook Technology Co. Ltd., Class A		51,300		53,113
	Anhui Transport Consulting & Design Institute Co. Ltd., Class A		31,100		56,660
	Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A		368,400		405,132
	Anhui Xinhua Media Co. Ltd., Class A		138,900		99,432
	Anhui Zhongding Sealing Parts Co. Ltd., Class A		246,849		437,960
††	Animal Health Holdings, Inc.		3,671,000		43,882
	Anji Microelectronics Technology Shanghai Co. Ltd., Class A		7,828		290,094
*	Anton Oilfield Services Group		8,810,000		483,422
	Aoshikang Technology Co. Ltd., Class A		41,200		378,460
* ††	Aowei Holdings Ltd.		1,451,000		36,760
	Aoyuan Healthy Life Group Co. Ltd.		194,000		45,984
	APT Satellite Holdings Ltd.		580,000		172,520
*	Art Group Holdings Ltd.		320,000		12,167
* W	Ascletis Pharma, Inc.		355,000		190,260
	Asia Cement China Holdings Corp.		2,216,500		1,429,683
W	AsiaInfo Technologies Ltd.		454,000		765,420
*	Asian Citrus Holdings Ltd.		2,314,000		30,154
*	Austar Lifesciences Ltd.		18,000		6,607
	AviChina Industry & Technology Co. Ltd., Class H		9,918,000		5,381,121
W	BAIC Motor Corp. Ltd., Class H		7,414,500		2,315,411
W	BAIOO Family Interactive Ltd.		2,912,000		170,844
	Bank of Chongqing Co. Ltd., Class H		2,533,500		1,434,412
*	Bank of Tianjin Co. Ltd., Class H		100,000		25,907
# * W	Bank of Zhengzhou Co. Ltd., Class H		738,100		143,455
	Baosheng Science & Technology Innovation Co. Ltd., Class A		191,902		108,942
*	Baoye Group Co. Ltd., Class H		1,132,000		569,477
# *	Baozun, Inc., Sponsored ADR		205,748		1,571,915
	BBMG Corp., Class H		7,209,000		1,179,545
	Bear Electric Appliance Co. Ltd., Class A		10,700		77,506
	Befar Group Co. Ltd., Class A		623,900		501,697
	Beibuwan Port Co. Ltd., Class A		146,881		166,467
	Beijing Aosaikang Pharmaceutical Co. Ltd., Class A		128,350		181,048
	Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A		7,400		77,046
	Beijing Capital Development Co. Ltd., Class A		378,076		325,972
	Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A		1,532,040		674,281
*	Beijing Capital International Airport Co. Ltd., Class H		7,712,000		4,213,122
	Beijing Career International Co. Ltd., Class A		24,700		175,840
	Beijing Certificate Authority Co. Ltd., Class A		21,325		106,715
# *	Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H		281,000		328,188
	Beijing Ctrowell Technology Corp. Ltd., Class A		39,400		44,509
	Beijing Dahao Technology Corp. Ltd., Class A		107,700		281,585
	Beijing E-Hualu Information Technology Co. Ltd., Class A		85,500		188,255
# *	Beijing Energy International Holding Co. Ltd.		19,934,000		657,408

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Beijing Enlight Media Co. Ltd., Class A		89,200	$	97,759
*	Beijing Enterprises Clean Energy Group Ltd.		59,768,570		569,245
	Beijing Enterprises Holdings Ltd.		1,690,500		5,714,980
*	Beijing Enterprises Urban Resources Group Ltd.		2,468,000		249,719
	Beijing Enterprises Water Group Ltd.		14,484,000		4,685,392
*	Beijing Forever Technology Co. Ltd., Class A		211,838		194,023
# * ††	Beijing Gas Blue Sky Holdings Ltd.		16,288,000		45,250
	Beijing GeoEnviron Engineering & Technology, Inc., Class A		318,890		689,868
*	Beijing Health Holdings Ltd.		18,966,000		194,453
	Beijing Hualian Department Store Co. Ltd., Class A		927,300		244,956
*	Beijing Jetsen Technology Co. Ltd., Class A		756,000		548,592
	Beijing Jingneng Clean Energy Co. Ltd., Class H		7,234,000		1,843,302
*	Beijing Jingxi Culture & Tourism Co. Ltd., Class A		189,200		97,287
	Beijing Konruns Pharmaceutical Co. Ltd., Class A		52,954		194,898
	Beijing North Star Co. Ltd., Class H		4,210,000		568,929
*	Beijing Orient Landscape & Environment Co. Ltd., Class A		707,100		235,863
*	Beijing Orient National Communication Science & Technology Co. Ltd., Class A		360,754		446,504
	Beijing Originwater Technology Co. Ltd., Class A		683,500		482,815
*	Beijing Sanju Environmental Protection & New Material Co. Ltd., Class A		472,000		296,614
	Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A		10,600		24,746
	Beijing Sinnet Technology Co. Ltd., Class A		122,000		177,360
	Beijing SL Pharmaceutical Co. Ltd., Class A		237,600		363,401
	Beijing SPC Environment Protection Tech Co. Ltd., Class A		104,200		90,415
	Beijing SuperMap Software Co. Ltd., Class A		130,017		325,300
	Beijing Thunisoft Corp. Ltd., Class A		171,500		175,792
#	Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		584,000		842,514
	Beijing Tongtech Co. Ltd., Class A		65,220		151,386
*	Beijing Ultrapower Software Co. Ltd., Class A		196,300		111,051
*	Beijing UniStrong Science & Technology Co. Ltd., Class A		146,802		128,338
W	Beijing Urban Construction Design & Development Group Co. Ltd., Class H		883,000		227,168
	Beijing Yanjing Brewery Co. Ltd., Class A		506,700		524,362
	Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A		418,657		676,117
	Best Pacific International Holdings Ltd.		978,000		272,034
# *	BEST, Inc., ADR		25,975		10,707
	Bestsun Energy Co. Ltd., Class A		439,200		289,341
	Better Life Commercial Chain Share Co. Ltd., Class A		186,849		250,260
	Biem.L.Fdlkk Garment Co. Ltd., Class A		149,299		504,936
	BII Railway Transportation Technology Holdings Co. Ltd.		2,452,000		122,024
*	Billion Industrial Holdings Ltd.		44,000		26,518
	Binjiang Service Group Co. Ltd.		154,500		443,455
	Black Peony Group Co. Ltd., Class A		12,800		17,252
	Blue Sail Medical Co. Ltd., Class A		212,700		286,334
*	Bluedon Information Security Technology Co. Ltd., Class A		504,300		120,669
	Bluefocus Intelligent Communications Group Co. Ltd., Class A		518,700		447,665
W	BOC Aviation Ltd.		21,200		166,301
	BOE Varitronix Ltd.		50,000		56,651
*	Bohai Leasing Co. Ltd., Class A		1,263,500		395,562
#	Bosideng International Holdings Ltd.		12,116,000		6,043,106
*	Boyaa Interactive International Ltd.		1,494,000		86,976
	Bright Dairy & Food Co. Ltd., Class A		276,300		460,221
	Bright Real Estate Group Co. Ltd., Class A		962,280		400,896
*	Brilliance China Automotive Holdings Ltd.		8,928,000		3,147,121
	B-Soft Co. Ltd., Class A		348,631		315,929
	BYD Electronic International Co. Ltd.		1,610,000		3,209,293
	C C Land Holdings Ltd.		12,749,015		3,235,941
	C&D International Investment Group Ltd.		1,286,968		3,158,567
*	C&D Property Management Group Co. Ltd.		411,000		197,825

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Cabbeen Fashion Ltd.		1,187,000	$	399,938
	Camel Group Co. Ltd., Class A		154,235		193,118
	Cangzhou Mingzhu Plastic Co. Ltd., Class A		139,700		94,802
	Canny Elevator Co. Ltd., Class A		162,500		173,900
* W	CanSino Biologics, Inc., Class H		41,200		437,172
	Canvest Environmental Protection Group Co. Ltd.		2,632,000		1,105,253
*	Capital Environment Holdings Ltd.		22,400,000		460,663
	Carrianna Group Holdings Co. Ltd.		891,257		56,665
	Castech, Inc., Class A		46,400		86,855
*	CECEP Techand Ecology & Environment Co. Ltd., Class A		184,500		62,797
	Central China Management Co. Ltd.		3,912,626		612,803
	Central China New Life Ltd.		99,000		50,631
#	Central China Real Estate Ltd.		3,912,626		336,319
	Central China Securities Co. Ltd., Class H		6,054,000		981,462
	CETC Digital Technology Co. Ltd., Class A		127,939		407,267
#	CGN Mining Co. Ltd.		295,000		28,772
#	CGN New Energy Holdings Co. Ltd.		5,400,000		2,363,093
	CGN Nuclear Technology Development Co. Ltd., Class A		141,400		177,319
	Chacha Food Co. Ltd., Class A		43,510		349,240
	Changchun Faway Automobile Components Co. Ltd., Class A		232,830		289,488
#*W	Changsha Broad Homes Industrial Group Co. Ltd., Class H		86,100		108,487
	Changzhou Qianhong Biopharma Co. Ltd., Class A		299,700		281,199
	Changzhou Tronly New Electronic Materials Co. Ltd., Class A		165,756		201,624
#	Chaowei Power Holdings Ltd.		2,549,000		545,730
*	Cheetah Mobile, Inc., ADR		179,717		143,774
	Chen Lin Education Group Holdings Ltd.		330,000		93,116
*	Chengdu CORPRO Technology Co. Ltd., Class A		106,300		250,277
	Chengdu Fusen Noble-House Industrial Co. Ltd., Class A		147,800		272,861
	Chengdu Hongqi Chain Co. Ltd., Class A		308,700		231,288
	Chengdu Jiafaantai Education Technology Co. Ltd., Class A		138,234		188,844
	Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A		150,400		300,647
	Chengdu Wintrue Holding Co. Ltd., Class A		132,600		275,702
	Chengdu Xingrong Environment Co. Ltd., Class A		983,399		740,740
*	Chiho Environmental Group Ltd.		172,000		22,436
	China Aerospace International Holdings Ltd.		8,284,500		501,371
*	China Agri-Products Exchange Ltd.		45,605		609
	China Aircraft Leasing Group Holdings Ltd.		1,600,000		1,075,064
	China Bester Group Telecom Co. Ltd., Class A		102,700		184,593
	China BlueChemical Ltd., Class H		7,796,000		2,679,875
# W	China Bohai Bank Co. Ltd., Class H		2,652,000		433,762
# *	China Boton Group Co. Ltd.		458,000		172,289
*	China CAMC Engineering Co. Ltd., Class A		332,197		431,668
	China Chengtong Development Group Ltd.		2,628,000		51,652
	China Cinda Asset Management Co. Ltd., Class H		23,132,000		3,900,629
††	China Common Rich Renewable Energy Investments Ltd.		17,084,000		2,041,067
	China Communications Services Corp. Ltd., Class H		9,620,000		4,381,337
*	China Conch Environment Protection Holdings Ltd.		2,567,000		2,198,323
	China Conch Venture Holdings Ltd.		2,833,500		7,357,953
*	China CYTS Tours Holding Co. Ltd., Class A		255,300		396,314
	China Datang Corp. Renewable Power Co. Ltd., Class H		8,924,000		3,373,356
*	China Daye Non-Ferrous Metals Mining Ltd.		7,434,000		80,092
W	China Development Bank Financial Leasing Co. Ltd., Class H		110,000		15,306
# *	China Dili Group		12,965,699		3,087,897
	China Dongxiang Group Co. Ltd.		14,052,985		800,875
W	China East Education Holdings Ltd.		791,500		402,879
#	China Education Group Holdings Ltd.		2,302,000		1,961,849
*	China Electronics Huada Technology Co. Ltd.		3,568,000		240,119
#	China Electronics Optics Valley Union Holding Co. Ltd.		11,200,000		638,192
	China Enterprise Co. Ltd., Class A		320,883		183,225

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	China Everbright Environment Group Ltd.		14,556,000	$	8,543,968
# W	China Everbright Greentech Ltd.		2,687,000		693,134
	China Everbright Ltd.		4,018,000		3,850,238
	China Express Airlines Co. Ltd., Class A		286,538		444,809
*	China Film Co. Ltd., Class A		14,700		22,683
* ††	China Financial Services Holdings Ltd.		126,200		5,127
	China Foods Ltd.		4,852,000		1,733,172
*	China Fordoo Holdings Ltd.		1,929,000		134,680
#	China Glass Holdings Ltd.		3,378,000		577,427
*	China Greenland Broad Greenstate Group Co. Ltd.		4,572,000		60,313
	China Hanking Holdings Ltd.		2,777,000		506,781
	China Harmony Auto Holding Ltd.		3,489,000		1,633,045
* ††	China High Precision Automation Group Ltd.		1,289,000		37,576
*	China High Speed Railway Technology Co. Ltd., Class A		741,500		250,816
# *	China High Speed Transmission Equipment Group Co. Ltd.		1,819,000		1,015,527
# * W	China Huarong Asset Management Co. Ltd., Class H		29,702,000		1,358,101
# ††	China Huiyuan Juice Group Ltd.		4,034,500		180,259
# *	China Index Holdings Ltd., ADR		28,798		27,358
	China International Marine Containers Group Co. Ltd., Class H		1,968,720		2,707,688
	China Jinmao Holdings Group Ltd.		8,128,000		2,671,306
	China Kepei Education Group Ltd.		1,226,000		340,433
	China Kings Resources Group Co. Ltd., Class A		100,360		364,047
	China Lesso Group Holdings Ltd.		4,439,000		5,551,108
	China Lilang Ltd.		2,086,000		1,007,811
* W	China Literature Ltd.		1,029,200		4,324,822
# *	China Longevity Group Co. Ltd.		1,076,350		35,252
# * ††	China Lumena New Materials Corp.		363,249		0
*	China Maple Leaf Educational Systems Ltd.		7,090,000		315,399
*	China Medical & HealthCare Group Ltd.		930,000		9,162
	China Medical System Holdings Ltd.		5,444,500		7,795,144
	China Meidong Auto Holdings Ltd.		2,234,000		7,352,930
	China Merchants Land Ltd.		7,804,000		738,679
	China Merchants Port Holdings Co. Ltd.		4,340,000		7,576,755
	China Merchants Property Operation & Service Co. Ltd., Class A		48,400		133,588
# * ††	China Metal Recycling Holdings Ltd.		2,401,686		0
#	China Modern Dairy Holdings Ltd.		10,694,000		1,556,226
	China National Accord Medicines Corp. Ltd., Class A		123,506		534,993
	China National Medicines Corp. Ltd., Class A		172,905		770,515
W	China New Higher Education Group Ltd.		1,994,000		698,699
*	China New Town Development Co. Ltd.		8,175,648		85,772
*	China Nonferrous Metal Industry’s Foreign Engineering & Construction Co. Ltd., Class A		401,000		248,858
*	China Oceanwide Holdings Ltd.		280,000		1,457
*	China Oil & Gas Group Ltd.		23,578,000		1,176,646
	China Oilfield Services Ltd., Class H		6,184,000		6,330,927
	China Oriental Group Co. Ltd.		4,816,000		1,274,140
	China Overseas Grand Oceans Group Ltd.		7,485,749		4,357,350
	China Overseas Property Holdings Ltd.		5,110,000		6,048,740
	China Pioneer Pharma Holdings Ltd.		1,781,000		552,318
	China Power International Development Ltd.		16,420,333		7,939,489
* ††	China Properties Group Ltd.		2,045,000		20,275
	China Publishing & Media Co. Ltd., Class A		378,215		257,647
W	China Railway Signal & Communication Corp. Ltd., Class H		5,023,000		1,684,595
	China Railway Tielong Container Logistics Co. Ltd., Class A		189,400		134,360
# *	China Rare Earth Holdings Ltd.		7,152,799		559,081
	China Reinsurance Group Corp., Class H		18,771,000		1,636,625
# W	China Renaissance Holdings Ltd.		608,700		766,394
	China Resources Cement Holdings Ltd.		9,938,000		8,245,921
	China Resources Double Crane Pharmaceutical Co. Ltd., Class A		329,774		1,494,013

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	China Resources Medical Holdings Co. Ltd.		3,802,500	$	2,109,988
W	China Resources Pharmaceutical Group Ltd.		5,331,500		2,809,586
	China Risun Group Ltd.		2,295,000		1,155,426
	China Sanjiang Fine Chemicals Co. Ltd.		3,115,000		629,079
	China SCE Group Holdings Ltd.		7,547,200		1,350,387
	China Science Publishing & Media Ltd., Class A		175,900		192,506
# *	China Shanshui Cement Group Ltd.		30,000		8,783
# * W	China Shengmu Organic Milk Ltd.		11,882,000		542,667
	China Shineway Pharmaceutical Group Ltd.		1,505,200		1,229,703
#	China Shuifa Singyes Energy Holdings Ltd.		1,613,000		218,125
*	China Silver Group Ltd.		5,404,000		377,155
#	China South City Holdings Ltd.		18,126,000		1,709,420
	China South Publishing & Media Group Co. Ltd., Class A		600,500		873,857
	China Starch Holdings Ltd.		7,505,000		194,745
	China State Construction International Holdings Ltd.		286,000		369,123
*	China Sunshine Paper Holdings Co. Ltd.		1,794,000		491,167
	China Suntien Green Energy Corp. Ltd., Class H		6,861,000		3,873,171
	China Taiping Insurance Holdings Co. Ltd.		6,435,200		7,357,140
	China Testing & Certification International Group Co. Ltd., Class A		117,245		217,066
*	China Tianbao Group Development Co. Ltd.		307,000		130,127
# *	China Tianrui Group Cement Co. Ltd.		256,000		191,479
*	China Tianying, Inc., Class A		657,100		421,850
	China Tobacco International HK Co. Ltd.		14,000		22,221
	China Traditional Chinese Medicine Holdings Co. Ltd.		11,784,000		5,741,418
# *	China Travel International Investment Hong Kong Ltd.		9,845,900		1,776,355
*	China Tungsten & Hightech Materials Co. Ltd., Class A		177,400		262,972
W	China Vast Industrial Urban Development Co. Ltd.		2,122,000		508,003
*	China Vered Financial Holding Corp. Ltd.		4,620,000		33,559
	China Water Affairs Group Ltd.		3,782,000		4,152,353
	China West Construction Group Co. Ltd., Class A		135,400		161,354
* ††	China Wood Optimization Holding Ltd.		1,748,000		37,602
	China World Trade Center Co. Ltd., Class A		169,977		366,425
	China XLX Fertiliser Ltd.		1,865,000		1,600,364
	China Yongda Automobiles Services Holdings Ltd.		2,988,500		2,771,168
# W	China Yuhua Education Corp. Ltd.		5,322,000		926,168
*	China Yurun Food Group Ltd.		1,289,000		90,035
# *	China ZhengTong Auto Services Holdings Ltd.		6,073,000		417,113
	China Zhonghua Geotechnical Engineering Group Co. Ltd., Class A		387,600		160,291
# * ††	China Zhongwang Holdings Ltd.		8,794,400		706,062
	Chinasoft International Ltd.		9,800,000		7,929,579
*	Chindata Group Holdings Ltd., ADR		23,337		145,623
	Chinese Universe Publishing & Media Group Co. Ltd., Class A		240,900		370,769
	Chongqing Department Store Co. Ltd., Class A		145,400		612,162
	Chongqing Dima Industry Co. Ltd., Class A		104,100		34,356
	Chongqing Fuling Electric Power Industrial Co. Ltd., Class A		184,240		343,481
*	Chongqing Iron & Steel Co. Ltd., Class H		1,594,000		227,482
	Chongqing Machinery & Electric Co. Ltd., Class H		4,630,000		368,589
	Chongqing Rural Commercial Bank Co. Ltd., Class H		8,561,000		3,324,221
	Chongqing Zaisheng Technology Corp. Ltd., Class A		172,060		145,432
	Chongqing Zongshen Power Machinery Co. Ltd., Class A		392,137		319,619
	Chow Tai Seng Jewellery Co. Ltd., Class A		245,100		466,993
	Chu Kong Shipping Enterprises Group Co. Ltd.		1,366,000		157,137
	CIFI Ever Sunshine Services Group Ltd.		2,050,000		2,715,028
#	CIFI Holdings Group Co. Ltd.		13,108,200		6,305,275
#	CIMC Enric Holdings Ltd.		3,040,000		3,189,407
W	CIMC Vehicles Group Co. Ltd., Class H		19,000		10,765
*	Cinda Real Estate Co. Ltd., Class A		782,200		770,992
	Cisen Pharmaceutical Co. Ltd., Class A		154,600		264,273
*	CITIC Guoan Information Industry Co. Ltd., Class A		1,133,750		529,518

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	CITIC Press Corp., Class A		2,200	$	6,003
*	CITIC Resources Holdings Ltd.		12,008,600		841,696
*	Citychamp Watch & Jewellery Group Ltd.		7,234,000		962,935
	CMGE Technology Group Ltd.		304,000		79,783
	CMST Development Co. Ltd., Class A		585,300		488,443
*	CNFinance Holdings Ltd., ADR		5,702		17,448
	CNHTC Jinan Truck Co. Ltd., Class A		196,701		291,898
	CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A		50,500		55,837
	COFCO Biotechnology Co. Ltd., Class A		649,000		802,301
	COFCO Joycome Foods Ltd.		7,856,000		3,196,449
	COFCO Sugar Holding Co. Ltd., Class A		155,600		168,102
#* W	Cogobuy Group		2,315,000		628,674
	Colour Life Services Group Co. Ltd.		1,927,604		152,302
# *	Comba Telecom Systems Holdings Ltd.		6,502,001		1,091,744
	Concord New Energy Group Ltd.		25,634,964		2,359,599
*	Confidence Intelligence Holdings Ltd.		26,000		84,692
	Consun Pharmaceutical Group Ltd.		2,281,000		1,329,326
# *	Continental Aerospace Technologies Holding Ltd.		22,083,722		271,013
*	Coolpad Group Ltd.		16,360,000		372,367
	COSCO SHIPPING Development Co. Ltd., Class H		15,335,000		3,005,924
#	COSCO SHIPPING Energy Transportation Co. Ltd., Class H		5,146,000		2,699,704
	COSCO SHIPPING International Hong Kong Co. Ltd.		3,405,000		1,005,946
	COSCO SHIPPING Ports Ltd.		7,995,565		5,701,130
* W	Cosmo Lady China Holdings Co. Ltd.		3,097,000		139,698
	CPMC Holdings Ltd.		2,299,000		1,142,203
	CQ Pharmaceutical Holding Co. Ltd., Class A		375,000		274,148
# *	Crazy Sports Group Ltd.		10,687,579		423,090
	Crystal Clear Electronic Material Co. Ltd., Class A		56,900		202,334
	CSG Holding Co. Ltd., Class A		371,280		313,411
*	CSG Smart Science & Technology Co. Ltd., Class A		67,600		63,953
	CSPC Innovation Pharmaceutical Co. Ltd., Class A		47,500		91,023
	CSSC Hong Kong Shipping Co. Ltd.		358,000		56,458
	CSSC Science & Technology Co. Ltd., Class A		158,600		256,600
	CTS International Logistics Corp. Ltd., Class A		195,520		265,466
*	CWT International Ltd.		24,080,000		226,709
*	Cybernaut International Holdings Co. Ltd.		3,760,000		71,616
	D&O Home Collection Group Co. Ltd., Class A		106,962		139,934
	Da Ming International Holdings Ltd.		880,000		300,927
	DaFa Properties Group Ltd.		691,000		334,797
W	Dali Foods Group Co. Ltd.		4,411,000		2,244,772
	Dalian Bio-Chem Co. Ltd., Class A		60,476		131,222
	Dalian Huarui Heavy Industry Group Co. Ltd., Class A		272,300		140,590
*	Dalipal Holdings Ltd.		486,000		123,583
	Dare Power Dekor Home Co. Ltd., Class A		112,600		144,737
	Dashang Co. Ltd., Class A		103,508		324,391
	Datang International Power Generation Co. Ltd., Class H		7,974,000		1,282,647
	Dawnrays Pharmaceutical Holdings Ltd.		4,735,886		677,467
*	Dazhong Transportation Group Co. Ltd., Class A		631,520		302,551
	Dazzle Fashion Co. Ltd., Class A		128,728		281,736
	DBG Technology Co. Ltd., Class A		213,483		285,928
	Deppon Logistics Co. Ltd., Class A		107,247		222,595
#	Dexin China Holdings Co. Ltd.		1,388,000		524,691
	DHC Software Co. Ltd., Class A		689,100		602,631
	Dian Diagnostics Group Co. Ltd., Class A		141,200		697,705
#	Differ Group Holding Co. Ltd.		11,956,000		3,125,128
	Digital China Group Co. Ltd., Class A		223,300		461,227
	Digital China Holdings Ltd.		3,246,500		1,527,223
	Digital China Information Service Co. Ltd., Class A		276,264		438,619
	Dong-E-E-Jiao Co. Ltd., Class A		57,700		263,907

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Dongfang Electric Corp. Ltd., Class H		1,243,000	$	1,336,904
*	Dongfang Electronics Co. Ltd., Class A		201,100		163,918
	Dongfeng Motor Group Co. Ltd., Class H		8,526,000		6,219,674
#	Dongjiang Environmental Co. Ltd., Class H		780,375		283,316
	Dongyue Group Ltd.		5,073,000		5,972,357
*	DouYu International Holdings Ltd., ADR		550,357		974,132
*	Duiba Group Ltd.		1,000,800		104,562
	Dynagreen Environmental Protection Group Co. Ltd., Class H		1,777,000		763,790
	East Group Co. Ltd., Class A		307,000		295,062
	E-Commodities Holdings Ltd.		2,838,000		636,819
	Edan Instruments, Inc., Class A		28,900		37,525
	Edifier Technology Co. Ltd., Class A		150,800		166,676
	Edvantage Group Holdings Ltd.		348,000		119,941
	EEKA Fashion Holdings Ltd.		205,500		331,388
	EIT Environmental Development Group Co. Ltd., Class A		11,010		32,396
	Electric Connector Technology Co. Ltd., Class A		130,563		538,453
	Elion Energy Co. Ltd., Class A		1,074,661		716,067
#	Essex Bio-technology Ltd.		1,240,000		624,845
	Eternal Asia Supply Chain Management Ltd., Class A		459,200		341,170
*	Ev Dynamics Holdings Ltd.		900,000		8,023
#	EVA Precision Industrial Holdings Ltd.		4,606,435		880,154
*	Everbright Jiabao Co. Ltd., Class A		647,600		408,303
*	EverChina International Holdings Co. Ltd.		13,020,000		299,092
*	Fang Holdings Ltd., ADR		15,618		55,051
	Fangda Special Steel Technology Co. Ltd., Class A		334,800		424,171
#	Fanhua, Inc., Sponsored ADR		172,082		1,046,259
	Far East Horizon Ltd.		7,109,000		5,798,657
	FAWER Automotive Parts Co. Ltd., Class A		102,200		73,228
* W	Feiyu Technology International Co. Ltd.		1,153,500		49,962
	Fiberhome Telecommunication Technologies Co. Ltd., Class A		262,000		530,811
	Fibocom Wireless, Inc., Class A		82,285		377,811
*	FIH Mobile Ltd.		9,669,000		1,200,152
	Financial Street Holdings Co. Ltd., Class A		582,798		569,062
	Financial Street Property Co. Ltd., Class H		20,000		7,532
	FinVolution Group, ADR		376,583		1,415,952
	First Tractor Co. Ltd., Class H		1,033,176		504,443
	Focused Photonics Hangzhou, Inc., Class A		108,900		296,613
	Foshan Nationstar Optoelectronics Co. Ltd., Class A		30,172		29,431
*	Founder Holdings Ltd.		160,000		12,513
	FriendTimes, Inc.		1,044,000		170,110
	Fu Shou Yuan International Group Ltd.		4,151,000		2,866,648
	Fufeng Group Ltd.		6,754,600		3,383,894
# * ††	Fuguiniao Co. Ltd.		1,930,000		0
	Fujian Boss Software Development Co. Ltd., Class A		31,980		85,916
	Fujian Green Pine Co. Ltd., Class A		100,900		90,845
	Fujian Longking Co. Ltd., Class A		172,500		224,431
	Fujian Star-net Communication Co. Ltd., Class A		134,073		438,449
*	Fullshare Holdings Ltd.		41,672,500		628,168
	Fulongma Group Co. Ltd., Class A		133,700		185,048
	Fusen Pharmaceutical Co. Ltd.		141,000		17,561
	Ganglong China Property Group Ltd.		38,000		21,830
	Gansu Jingyuan Coal Industry & Electricity Power Co. Ltd., Class A		797,700		447,179
	Gansu Qilianshan Cement Group Co. Ltd., Class A		149,233		242,416
	Gansu Shangfeng Cement Co. Ltd., Class A		276,801		874,253
	Gaona Aero Material Co. Ltd., Class A		94,500		410,158
# *	GCL New Energy Holdings Ltd.		23,848,000		415,117
# *	GCL Technology Holdings Ltd.		58,918,000		18,611,541
	Gemdale Properties & Investment Corp. Ltd.		26,770,000		2,839,302
	Gem-Year Industrial Co. Ltd., Class A		126,000		88,430

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
W	Genertec Universal Medical Group Co. Ltd.		4,233,000	$	2,719,391
*	Genimous Technology Co. Ltd., Class A		330,115		256,266
	Getein Biotech, Inc., Class A		124,783		336,128
	Giant Network Group Co. Ltd., Class A		57,900		72,026
	Glarun Technology Co. Ltd., Class A		57,000		123,295
*	Global Top E-Commerce Co. Ltd., Class A		517,700		237,009
*	Glorious Property Holdings Ltd.		11,042,501		226,499
*	Glory Land Co. Ltd.		5,246,000		134,453
# *	Glory Sun Financial Group Ltd.		7,708,000		74,644
	Goldcard Smart Group Co. Ltd.		147,600		207,764
	Golden Eagle Retail Group Ltd.		2,637,000		1,853,159
W	Golden Throat Holdings Group Co. Ltd.		863,500		195,524
*	Golden Wheel Tiandi Holdings Co. Ltd.		210,000		3,795
	GoldenHome Living Co. Ltd., Class A		52,892		206,143
	Goldenmax International Technology Ltd., Class A		117,100		141,611
	Goldlion Holdings Ltd.		1,322,962		255,138
	Goldpac Group Ltd.		1,374,000		337,696
# *	GOME Retail Holdings Ltd.		34,090,000		1,651,304
*	Gosuncn Technology Group Co. Ltd., Class A		352,291		161,583
*	Grand Baoxin Auto Group Ltd.		3,757,492		270,198
#	Grand Pharmaceutical Group Ltd., Class L		4,172,000		2,555,561
	Grandblue Environment Co. Ltd., Class A		165,095		461,169
*	Grandjoy Holdings Group Co. Ltd., Class A		650,500		387,031
	Greattown Holdings Ltd., Class A		778,800		374,438
	Greatview Aseptic Packaging Co. Ltd.		4,202,000		1,142,219
*	Gree Real Estate Co. Ltd., Class A		436,440		338,303
	Greenland Hong Kong Holdings Ltd.		4,598,000		955,836
	Greentown China Holdings Ltd.		3,510,648		6,165,046
W	Greentown Management Holdings Co. Ltd.		513,000		386,794
#	Greentown Service Group Co. Ltd.		5,802,000		5,776,058
	Guangdong Aofei Data Technology Co. Ltd., Class A		51,000		126,900
	Guangdong Baolihua New Energy Stock Co. Ltd., Class A		585,600		372,975
*	Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A		455,500		259,174
	Guangdong Dongpeng Holdings Co. Ltd.		13,900		17,380
	Guangdong Ellington Electronics Technology Co. Ltd., Class A		197,000		167,064
	Guangdong Great River Smarter Logistics Co. Ltd., Class A		113,600		303,908
*	Guangdong HEC Technology Holding Co. Ltd., Class A		592,700		562,319
	Guangdong Highsun Group Co. Ltd., Class A		256,300		114,414
	Guangdong Hongda Holdings Group Co. Ltd., Class A		158,325		474,314
	Guangdong Huatie Tongda High-speed Railway Equipment Corp., Class A		324,900		210,690
	Guangdong Hybribio Biotech Co. Ltd., Class A		47,371		156,767
	Guangdong Land Holdings Ltd.		1,862,800		235,266
*	Guangdong Shenglu Telecommunication Tech Co. Ltd., Class A		282,900		268,895
	Guangdong Shirongzhaoye Co. Ltd., Class A		333,100		293,571
	Guangdong Sirio Pharma Co. Ltd., Class A		6,200		21,691
	Guangdong South New Media Co. Ltd., Class A		22,400		118,270
	Guangdong Tapai Group Co. Ltd., Class A		239,500		317,471
	Guangdong Topstar Technology Co. Ltd., Class A		44,900		65,457
	Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A		177,530		439,930
	Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A		166,200		370,657
*	Guangshen Railway Co. Ltd., Class H		6,404,000		1,069,759
	Guangxi Liugong Machinery Co. Ltd., Class A		494,020		456,956
	Guangxi Liuzhou Pharmaceutical Co. Ltd., Class A		119,980		274,246
	Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A		920,480		392,271
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H		622,000		1,604,439
*	Guangzhou GRG Metrology & Test Co. Ltd., Class A		86,200		200,266
	Guangzhou Haige Communications Group, Inc. Co., Class A		506,100		692,672
	Guangzhou KDT Machinery Co. Ltd., Class A		42,999		127,246
	Guangzhou R&F Properties Co. Ltd., Class H		2,673,600		992,513

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Guangzhou Restaurant Group Co. Ltd., Class A		38,540	$	126,499
	Guangzhou Shangpin Home Collection Co. Ltd., Class A		17,951		67,840
	Guangzhou Zhujiang Brewery Co. Ltd., Class A		127,100		147,550
*	Guizhou Bailing Group Pharmaceutical Co. Ltd., Class A		326,400		327,085
*	Guizhou Broadcasting & TV Information Network Co. Ltd., Class A		301,400		311,898
	Guizhou Gas Group Corp. Ltd., Class A		223,900		235,821
	Guizhou Panjiang Refined Coal Co. Ltd., Class A		469,700		584,572
*	Guizhou Xinbang Pharmaceutical Co. Ltd., Class A		274,100		193,126
	Guocheng Mining Co. Ltd., Class A		33,700		71,611
#	Guolian Securities Co. Ltd., Class H		1,395,500		658,244
	Guomai Technologies, Inc., Class A		185,400		143,029
*	Guosheng Financial Holding, Inc., Class A		224,100		279,960
# * W	Haichang Ocean Park Holdings Ltd.		5,183,000		3,470,053
# *	Hailiang Education Group, Inc., ADR		32,567		412,298
	Hailir Pesticides & Chemicals Group Co. Ltd., Class A		58,020		193,937
*	Hainan Development Holdings Nanhai Co. Ltd., Class A		194,300		333,608
*	Hainan Meilan International Airport Co. Ltd., Class H		689,000		1,302,704
	Hainan Ruize New Building Material Co. Ltd., Class A		256,900		140,142
	Haitian International Holdings Ltd.		2,532,000		6,232,336
# W	Haitong UniTrust International Leasing Co. Ltd., Class H		524,000		51,462
	Hand Enterprise Solutions Co. Ltd., Class A		189,200		221,780
	Hangcha Group Co. Ltd., Class A		239,388		528,779
	Hangjin Technology Co. Ltd., Class A		192,200		822,000
	Hangxiao Steel Structure Co. Ltd., Class A		438,608		225,658
	Hangzhou Binjiang Real Estate Group Co. Ltd., Class A		844,386		1,052,385
	Hangzhou Century Co. Ltd., Class A		323,800		227,358
	Hangzhou Electronic Soul Network Technology Co. Ltd., Class A		18,800		61,441
# * W	Harbin Bank Co. Ltd., Class H		1,742,000		148,393
	Harbin Boshi Automation Co. Ltd., Class A		362,200		566,433
	Harbin Electric Co. Ltd., Class H		3,235,413		856,719
*	Harbin Gloria Pharmaceuticals Co. Ltd., Class A		509,600		189,425
*	Harbin Pharmaceutical Group Co. Ltd., Class A		854,900		372,503
# ††	Harmonicare Medical Holdings Ltd.		2,321,000		113,137
	HBIS Resources Co. Ltd., Class A		124,400		269,062
# *	HC Group, Inc.		2,529,000		157,180
	Health & Happiness H&H International Holdings Ltd.		956,500		1,051,262
	Hebei Chengde Lulu Co. Ltd., Class A		368,379		460,627
	Hebei Construction Group Corp. Ltd., Class H		105,000		12,633
	Hebei Hengshui Laobaigan Liquor Co. Ltd., Class A		204,700		663,671
	Hello Group, Inc., Sponsored ADR		613,582		3,264,256
	Henan Lingrui Pharmaceutical Co., Class A		160,300		276,850
	Henan Pinggao Electric Co. Ltd., Class A		342,000		338,737
*	Henan Senyuan Electric Co. Ltd., Class A		65,900		23,900
	Henan Yuguang Gold & Lead Co. Ltd., Class A		96,200		68,358
	Henan Zhongyuan Expressway Co. Ltd., Class A		907,923		420,446
	Henderson Investment Ltd.		2,432,000		102,077
	Hengan International Group Co. Ltd.		2,283,500		10,791,415
# *	Hengdeli Holdings Ltd.		12,009,399		397,063
	Hexing Electrical Co. Ltd., Class A		192,590		330,174
*	Hi Sun Technology China Ltd.		9,243,000		1,113,611
	Hisense Home Appliances Group Co. Ltd., Class H		1,535,000		1,491,352
*	Holitech Technology Co. Ltd., Class A		776,200		348,488
	Hongda Xingye Co. Ltd., Class A		406,500		212,032
*	Honghua Group Ltd.		13,583,000		426,662
*	Hongli Zhihui Group Co. Ltd., Class A		119,200		126,176
* †† W	Honworld Group Ltd.		1,105,500		81,092
W	Hope Education Group Co. Ltd.		9,156,000		553,908
#	Hopson Development Holdings Ltd.		2,918,650		5,627,432
††	Hua Han Health Industry Holdings Ltd.		20,183,698		144,812

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
* W	Hua Hong Semiconductor Ltd.		1,857,000	$	7,211,230
	Huaan Securities Co. Ltd., Class A		847,366		556,457
#	Huabao International Holdings Ltd.		328,000		178,945
	Huadian Power International Corp. Ltd., Class H		6,550,000		2,273,137
	Huafa Industrial Co. Ltd. Zhuhai, Class A		639,800		740,545
*	Huafon Microfibre Shanghai Technology Co. Ltd.		475,200		257,238
	Huafu Fashion Co. Ltd., Class A		522,852		286,638
# *	Huanxi Media Group Ltd.		2,850,000		494,299
	Huapont Life Sciences Co. Ltd., Class A		498,900		375,719
*	Huawen Media Group, Class A		613,800		218,149
	Huaxi Holdings Co. Ltd.		624,000		114,750
#	Huazhong In-Vehicle Holdings Co. Ltd.		2,208,000		736,637
	Hubei Biocause Pharmaceutical Co. Ltd., Class A		1,089,069		466,348
	Hubei Feilihua Quartz Glass Co. Ltd., Class A		9,600		73,830
	Hubei Jumpcan Pharmaceutical Co. Ltd., Class A		254,889		876,992
#	Huijing Holdings Co. Ltd.		1,520,000		370,760
#	Huisen Household International Group Ltd.		332,000		23,304
*	Huishang Bank Corp. Ltd., Class H		34,000		10,831
	Hunan Aihua Group Co. Ltd., Class A		149,387		594,204
*	Hunan Gold Corp. Ltd., Class A		244,800		341,540
	Hunan Zhongke Electric Co. Ltd., Class A		14,700		57,239
# *	HUYA, Inc., ADR		319,901		1,321,191
# W	Hygeia Healthcare Holdings Co. Ltd.		259,400		1,253,516
	Hytera Communications Corp. Ltd., Class A		439,400		305,215
*	HyUnion Holding Co. Ltd., Class A		258,400		283,526
*	IBO Technology Co. Ltd.		192,000		69,346
#* W	iDreamSky Technology Holdings Ltd.		1,497,200		766,195
	IKD Co. Ltd., Class A		147,500		237,479
W	IMAX China Holding, Inc.		489,500		549,580
	Infore Environment Technology Group Co. Ltd., Class A		392,300		263,775
# *	Inke Ltd.		267,000		45,513
	Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A		1,912,700		1,036,421
*	Inner Mongolia Xingye Mining Co. Ltd., Class A		135,400		136,998
	Inner Mongolia Yitai Coal Co. Ltd., Class H		554,000		856,932
*	Innuovo Technology Co. Ltd., Class A		364,600		328,379
*	Inspur International Ltd.		1,748,000		607,425
*	Inspur Software Co. Ltd., Class A		10,900		18,089
* W	International Alliance Financial Leasing Co. Ltd.		2,040,000		818,633
#	Intron Technology Holdings Ltd.		333,000		138,850
# *	iQIYI, Inc., ADR		784,425		2,792,553
	IReader Technology Co. Ltd., Class A		80,700		165,573
*	IRICO Group New Energy Co. Ltd., Class H		107,700		119,332
	IVD Medical Holding Ltd.		36,000		12,132
	Jack Technology Co. Ltd., Class A		137,400		461,253
	JH Educational Technology, Inc.		602,000		308,549
	Jiajiayue Group Co. Ltd., Class A		136,899		251,458
	Jiangling Motors Corp. Ltd., Class A		152,600		267,404
*	Jiangnan Group Ltd.		13,956,000		430,713
*	Jiangsu Bioperfectus Technologies Co. Ltd., Class A		5,045		98,254
	Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A		591,500		721,285
*	Jiangsu Etern Co. Ltd., Class A		132,100		63,676
	Jiangsu Expressway Co. Ltd., Class H		1,704,000		1,683,513
	Jiangsu Guomao Reducer Co. Ltd., Class A		58,500		173,002
	Jiangsu Guotai International Group Co. Ltd., Class A		423,995		586,003
	Jiangsu Hengshun Vinegar Industry Co. Ltd., Class A		202,900		322,550
	Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A		878,520		528,260
*	Jiangsu Kanion Pharmaceutical Co. Ltd., Class A		192,140		414,252
*	Jiangsu Leike Defense Technology Co. Ltd., Class A		205,607		141,981
*	Jiangsu Lihua Animal Husbandry Stock Co. Ltd., Class A		8,500		35,844

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Jiangsu Linyang Energy Co. Ltd., Class A		699,200	$	724,870
	Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A		258,500		485,401
	Jiangsu Provincial Agricultural Reclamation & Development Corp		439,752		929,216
	Jiangsu Shagang Co. Ltd., Class A		453,100		321,690
	Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A		625,009		586,854
	Jiangsu Zhongnan Construction Group Co. Ltd., Class A		854,800		509,666
	Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A		1,256,600		550,727
	Jiangxi Bank Co. Ltd., Class H		25,500		4,227
	Jiangxi Huangshanghuang Group Food Co. Ltd., Class A		131,600		212,489
	Jiangxi Wannianqing Cement Co. Ltd., Class A		102,200		172,480
	Jiangzhong Pharmaceutical Co. Ltd., Class A		196,640		391,117
	Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A		189,534		151,080
*	Jiayin Group, Inc., ADR		27,243		54,758
	Jiayou International Logistics Co. Ltd., Class A		21,100		59,752
	Jiayuan International Group Ltd.		5,900,834		894,043
	Jilin Aodong Pharmaceutical Group Co. Ltd., Class A		232,000		508,797
*	Jilin Electric Power Co. Ltd., Class A		705,000		666,230
	Jilin Jiutai Rural Commercial Bank Corp. Ltd., Class H		121,549		37,156
*	Jilin Zixin Pharmaceutical Industrial Co. Ltd., Class A		436,800		179,941
	Jinchuan Group International Resources Co. Ltd.		12,519,000		1,607,233
	Jinduicheng Molybdenum Co. Ltd., Class A		443,920		500,072
	Jingrui Holdings Ltd.		2,219,000		459,101
	Jingwei Textile Machinery Co. Ltd., Class A		284,500		333,633
	Jinhui Liquor Co. Ltd., Class A		70,200		315,905
# *	JinkoSolar Holding Co. Ltd., ADR		157,507		8,073,809
*	Jinmao Property Services Co. Ltd.		122,779		91,533
*	Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A		722,972		1,349,594
	Jinneng Science&Technology Co. Ltd., Class A		176,300		258,409
	Jinyu Bio-Technology Co. Ltd., Class A		89,200		112,512
	Jinyuan EP Co. Ltd., Class A		145,600		248,861
# W	Jiumaojiu International Holdings Ltd.		1,949,000		4,287,957
	Jiuzhitang Co. Ltd., Class A		287,600		365,204
	JNBY Design Ltd.		762,000		828,589
	Joincare Pharmaceutical Group Industry Co. Ltd., Class A		345,600		581,569
	Jointo Energy Investment Co. Ltd. Hebei, Class A		697,596		437,691
	Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A		28,100		105,985
	Joy City Property Ltd.		19,994,000		760,758
#	JOYY, Inc., ADR		129,276		5,115,451
W	JS Global Lifestyle Co. Ltd.		741,000		879,055
	JSTI Group, Class A		213,888		253,620
	Ju Teng International Holdings Ltd.		4,732,000		839,485
	Jutal Offshore Oil Services Ltd.		124,000		12,376
#	JY Grandmark Holdings Ltd.		431,000		116,262
*	Kai Yuan Holdings Ltd.		11,360,000		34,241
	Kaisa Prosperity Holdings Ltd.		148,500		110,427
	Kaiser China Cultural Co. Ltd., Class A		75,900		60,575
	Kaishan Group Co. Ltd., Class A		265,000		515,998
* W	Kangda International Environmental Co. Ltd.		3,143,000		278,208
*	Kasen International Holdings Ltd.		3,137,000		208,196
	Keda Industrial Group Co. Ltd.		71,400		153,124
	Kehua Data Co. Ltd., Class A		7,400		21,913
	Kinetic Development Group Ltd.		2,496,000		207,361
	Kingboard Holdings Ltd.		2,687,921		12,101,335
	Kingboard Laminates Holdings Ltd.		3,731,500		5,723,954
	KingClean Electric Co. Ltd., Class A		39,260		121,375
	Kingsoft Corp. Ltd.		3,235,800		9,710,660
*	Ko Yo Chemical Group Ltd.		20,000		646
	Konfoong Materials International Co. Ltd., Class A		65,258		480,652
	Konka Group Co. Ltd., Class A		570,684		386,523

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
# * W	Koolearn Technology Holding Ltd.		529,000	$	229,253
	KPC Pharmaceuticals, Inc., Class A		259,500		421,588
	Kunlun Energy Co. Ltd.		12,400,000		10,290,595
	Kunlun Tech Co. Ltd., Class A		269,855		583,028
*	Kunshan Kersen Science & Technology Co. Ltd., Class A		167,800		175,565
*	Kunwu Jiuding Investment Holdings Co. Ltd., Class A		78,245		162,575
#	KWG Group Holdings Ltd.		5,464,450		1,955,263
	KWG Living Group Holdings Ltd.		3,815,225		1,435,386
	Lakala Payment Co. Ltd., Class A		36,700		98,622
*	Lanzhou Lishang Guochao Industrial Group Co. Ltd., Class A		310,200		284,933
	Lao Feng Xiang Co. Ltd., Class A		57,200		338,704
	Laobaixing Pharmacy Chain JSC, Class A		92,101		447,898
*	Launch Tech Co. Ltd., Class H		20,000		5,978
	Lee & Man Chemical Co. Ltd.		920,785		787,495
#	Lee & Man Paper Manufacturing Ltd.		5,598,000		2,677,767
	Lee’s Pharmaceutical Holdings Ltd.		1,146,000		288,465
W	Legend Holdings Corp., Class H		1,679,100		1,986,646
	Leo Group Co. Ltd., Class A		1,417,942		358,408
*	LexinFintech Holdings Ltd., ADR		421,044		1,077,873
	Leyard Optoelectronic Co. Ltd., Class A		530,700		477,859
	Liaoning Port Co. Ltd., Class H		238,000		20,820
	Lier Chemical Co. Ltd., Class A		236,180		745,475
*	Lifestyle China Group Ltd.		1,804,000		178,285
*	Lifetech Scientific Corp.		15,324,000		4,272,699
*	LingNan Eco&Culture-Tourism Co. Ltd., Class A		408,100		172,891
	Lingyuan Iron & Steel Co. Ltd., Class A		490,702		172,629
* ††	Link Motion, Inc., Sponsored ADR		690,534		0
	Livzon Pharmaceutical Group, Inc., Class H		684,203		2,302,597
	Lizhong Sitong Light Alloys Group Co. Ltd., Class A		34,000		91,363
	LK Technology Holdings Ltd.		536,500		665,147
#	Logan Group Co. Ltd.		3,575,000		1,112,269
	Loncin Motor Co. Ltd., Class A		724,300		458,275
	Long Yuan Construction Group Co. Ltd., Class A		398,400		311,150
	Longhua Technology Group Luoyang Co. Ltd., Class A		137,100		133,768
	Lonking Holdings Ltd.		8,391,000		2,316,500
	Luenmei Quantum Co. Ltd., Class A		312,900		320,448
	Luolai Lifestyle Technology Co. Ltd., Class A		96,240		181,922
*	Luoniushan Co. Ltd., Class A		181,128		158,493
	Luoxin Pharmaceuticals Group Stock Co. Ltd., Class A		50,900		50,877
# *	Luoyang Glass Co. Ltd., Class H		784,000		1,054,144
# * W	Luye Pharma Group Ltd.		7,602,500		2,371,386
# *	LVGEM China Real Estate Investment Co. Ltd.		2,058,000		277,738
	Maanshan Iron & Steel Co. Ltd., Class H		3,614,048		1,413,113
	Maccura Biotechnology Co. Ltd., Class A		124,661		360,028
*	Macrolink Culturaltainment Development Co. Ltd., Class A		682,438		294,512
# * W	Maoyan Entertainment		1,641,000		1,294,599
*	Maoye International Holdings Ltd.		3,854,000		119,618
*	Markor International Home Furnishings Co. Ltd., Class A		520,780		232,175
	Maxvision Technology Corp., Class A		6,500		19,922
	Mayinglong Pharmaceutical Group Co. Ltd., Class A		147,525		443,064
*	Meinian Onehealth Healthcare Holdings Co. Ltd., Class A		122,500		92,304
# * W	Meitu, Inc.		8,434,000		998,746
W	Midea Real Estate Holding Ltd.		138,400		263,546
	Min Xin Holdings Ltd.		730,000		325,212
*	Mingfa Group International Co. Ltd.		4,235,000		191,779
	Minmetals Land Ltd.		8,218,000		774,985
W	Minsheng Education Group Co. Ltd.		780,000		68,535
	Minth Group Ltd.		3,043,000		7,169,932
	MLS Co. Ltd., Class A		322,200		431,576

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	MMG Ltd.		10,970,999	$	4,626,210
	Monalisa Group Co. Ltd., Class A		62,800		124,912
*	Myhome Real Estate Development Group Co. Ltd., Class A		1,065,200		253,186
	MYS Group Co. Ltd., Class A		215,887		101,438
*	Nan Hai Corp. Ltd.		24,100,000		107,493
	NanJi E-Commerce Co. Ltd., Class A		534,600		385,772
	Nanjing Hanrui Cobalt Co. Ltd., Class A		10,900		83,782
*	Nanjing Sample Technology Co. Ltd., Class H		111,500		71,170
	Nanjing Xinjiekou Department Store Co. Ltd., Class A		224,500		317,026
	Nanjing Yunhai Special Metals Co. Ltd., Class A		164,900		435,420
	Natural Food International Holding Ltd.		314,000		17,086
	NetDragon Websoft Holdings Ltd.		995,000		1,989,008
* W	New Century Healthcare Holding Co. Ltd.		35,000		4,176
	New Hope Dairy Co. Ltd., Class A		23,600		40,382
*	New Sparkle Roll International Group Ltd.		4,576,000		51,269
*	New World Department Store China Ltd.		1,787,462		231,688
# *	Newborn Town, Inc.		1,470,000		534,349
	Newland Digital Technology Co. Ltd., Class A		251,800		447,581
	Nexteer Automotive Group Ltd.		3,420,000		1,931,460
	Nine Dragons Paper Holdings Ltd.		6,631,000		5,856,065
	Ningbo BaoSi Energy Equipment Co. Ltd., Class A		77,914		70,837
	Ningbo Huaxiang Electronic Co. Ltd., Class A		111,538		224,498
	Ningbo Jifeng Auto Parts Co. Ltd., Class A		14,600		16,050
	Ningbo Joyson Electronic Corp., Class A		91,500		150,061
	Ningbo Sanxing Medical Electric Co. Ltd., Class A		257,200		339,895
	Ningbo Yunsheng Co. Ltd., Class A		340,100		436,655
	Ningxia Jiaze New Energy Co. Ltd., Class A		574,100		310,592
*	Niu Technologies, Sponsored ADR		126,100		1,204,255
*	Noah Holdings Ltd., Sponsored ADR		142,542		2,561,480
	Norinco International Cooperation Ltd., Class A		269,374		292,491
	North Huajin Chemical Industries Co. Ltd., Class A		342,500		303,969
	Northeast Pharmaceutical Group Co. Ltd., Class A		218,903		171,717
	Northeast Securities Co. Ltd., Class A		474,610		468,040
	NSFOCUS Technologies Group Co. Ltd., Class A		167,948		230,195
# *	NVC International Holdings Ltd.		1,770,000		29,451
*	Oceanwide Holdings Co. Ltd., Class A		564,577		126,354
	Offshore Oil Engineering Co. Ltd., Class A		875,267		541,056
*	OFILM Group Co. Ltd., Class A		204,596		170,611
	Olympic Circuit Technology Co. Ltd.		123,835		247,527
	Opple Lighting Co. Ltd., Class A		80,030		193,908
	ORG Technology Co. Ltd., Class A		630,320		463,826
*	Orient Group, Inc., Class A		758,900		305,623
*	Ourpalm Co. Ltd., Class A		789,500		364,703
*	Overseas Chinese Town Asia Holdings Ltd.		950,183		160,475
	Pacific Online Ltd.		1,798,365		285,047
*	Pacific Securities Co. Ltd., Class A		1,476,371		600,609
	PAX Global Technology Ltd.		3,062,000		2,639,560
	PCI Technology Group Co. Ltd., Class A		602,240		535,067
*	Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A		2,002,270		793,067
#	Perennial Energy Holdings Ltd.		1,325,000		256,003
	PhiChem Corp., Class A		161,226		517,374
*	Phoenix Media Investment Holdings Ltd.		6,320,000		308,434
# * W	Ping An Healthcare & Technology Co. Ltd.		1,341,700		3,302,202
*	Polaris Bay Group Co. Ltd., Class A		155,400		182,440
	Poly Property Group Co. Ltd.		8,990,000		2,258,581
	Poly Property Services Co. Ltd., Class H		512,200		3,403,432
*	Pou Sheng International Holdings Ltd.		10,665,806		1,234,245
	Powerlong Commercial Management Holdings Ltd.		350,500		363,955
#	Powerlong Real Estate Holdings Ltd.		5,244,000		1,778,233

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
#	Prinx Chengshan Holding Ltd.		149,000	$	137,439
	Pujiang International Group Ltd.		288,000		99,409
# *	PW Medtech Group Ltd.		3,468,000		363,838
	Q Technology Group Co. Ltd.		1,718,000		1,208,669
	Qianhe Condiment & Food Co. Ltd., Class A		172,080		458,294
	Qingdao East Steel Tower Stock Co. Ltd., Class A		127,400		214,316
	Qingdao Eastsoft Communication Technology Co. Ltd., Class A		158,122		269,398
	Qingdao Gon Technology Co. Ltd., Class A		87,300		290,061
	Qingdao Hanhe Cable Co. Ltd., Class A		594,000		317,484
	Qingdao Hiron Commercial Cold Chain Co. Ltd., Class A		36,653		172,627
W	Qingdao Port International Co. Ltd., Class H		461,000		232,028
	Qingdao Rural Commercial Bank Corp., Class A		1,366,800		700,847
	Qingdao Topscomm Communication, Inc., Class A		182,700		189,440
	Qingling Motors Co. Ltd., Class H		3,834,000		683,267
	Qinhuangdao Port Co. Ltd., Class H		3,011,500		459,960
*	Qudian, Inc., Sponsored ADR		96,525		104,247
	Radiance Holdings Group Co. Ltd.		90,000		48,877
	Rainbow Digital Commercial Co. Ltd., Class A		356,250		361,842
	Raisecom Technology Co. Ltd., Class A		133,429		129,073
	Rastar Group, Class A		295,400		117,660
	Realcan Pharmaceutical Group Co. Ltd., Class A		513,200		280,047
# *	Realord Group Holdings Ltd.		1,306,000		2,256,525
* W	Red Star Macalline Group Corp. Ltd., Class H		1,080,720		456,747
# W	Redco Properties Group Ltd.		5,568,000		1,548,753
	Redsun Properties Group Ltd.		1,399,000		490,415
	Renhe Pharmacy Co. Ltd., Class A		409,700		374,301
	REXLot Holdings Ltd.		98,652,252		49,031
	Rianlon Corp., Class A		21,800		150,899
	Risen Energy Co. Ltd., Class A		26,600		86,584
	RiseSun Real Estate Development Co. Ltd., Class A		982,152		557,841
	Riyue Heavy Industry Co. Ltd., Class A		53,992		132,349
	Road King Infrastructure Ltd.		1,228,000		1,003,843
	Rongan Property Co. Ltd., Class A		916,500		397,812
#	Ronshine China Holdings Ltd.		2,622,500		775,246
	Runjian Co. Ltd., Class A		50,400		213,741
*	SanFeng Intelligent Equipment Group Co. Ltd., Class A		321,008		169,206
	Sanquan Food Co. Ltd., Class A		150,700		445,973
	Sansteel Minguang Co. Ltd. Fujian, Class A		736,394		765,095
	Sanxiang Impression Co. Ltd., Class A		36,100		17,380
	Sany Heavy Equipment International Holdings Co. Ltd.		4,412,000		4,156,453
*	Saurer Intelligent Technology Co. Ltd., Class A		417,200		197,391
	Sealand Securities Co. Ltd., Class A		1,301,480		659,682
	Seazen Group Ltd.		8,232,571		3,477,326
*	Secoo Holding Ltd., ADR		64,187		21,990
	S-Enjoy Service Group Co. Ltd.		933,000		1,086,346
	SGIS Songshan Co. Ltd., Class A		836,400		464,682
	Shaan Xi Provincial Natural Gas Co. Ltd., Class A		446,990		472,516
#	Shandong Chenming Paper Holdings Ltd., Class H		1,649,750		648,152
	Shandong Dongyue Organosilicon Material Co. Ltd., Class A		36,300		73,491
	Shandong Himile Mechanical Science & Technology Co. Ltd., Class A		150,300		432,074
	Shandong Humon Smelting Co. Ltd., Class A		230,600		330,663
	Shandong Longda Meishi Co. Ltd., Class A		255,500		387,458
	Shandong Minhe Animal Husbandry Co. Ltd., Class A		68,500		155,225
*	Shandong Molong Petroleum Machinery Co. Ltd., Class H		752,400		303,964
	Shandong New Beiyang Information Technology Co. Ltd., Class A		207,300		200,118
	Shandong Publishing & Media Co. Ltd., Class A		206,500		185,307
	Shandong Weigao Group Medical Polymer Co. Ltd., Class H		6,234,400		6,641,806
	Shandong Xinhua Pharmaceutical Co. Ltd., Class H		616,400		521,440
*	Shandong Yisheng Livestock & Poultry Breeding Co. Ltd., Class A		229,890		307,939

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Shanghai 2345 Network Holding Group Co. Ltd., Class A		1,366,956	$	404,246
	Shanghai AJ Group Co. Ltd., Class A		426,800		380,973
	Shanghai Belling Co. Ltd., Class A		107,946		254,697
	Shanghai Daimay Automotive Interior Co. Ltd., Class A		72,646		123,549
	Shanghai Environment Group Co. Ltd., Class A		184,073		267,630
	Shanghai Fengyuzhu Culture & Technology Co. Ltd., Class A		144,565		369,250
*	Shanghai Fudan Microelectronics Group Co. Ltd., Class H		830,000		2,426,518
	Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd., Class H		1,155,000		479,453
	Shanghai Ganglian E-Commerce Holdings Co. Ltd., Class A		29,000		123,643
	Shanghai Hanbell Precise Machinery Co. Ltd., Class A		83,000		189,513
# W	Shanghai Haohai Biological Technology Co. Ltd., Class H		145,100		662,905
	Shanghai Industrial Development Co. Ltd., Class A		447,650		272,248
	Shanghai Industrial Holdings Ltd.		1,898,000		2,795,828
	Shanghai Industrial Urban Development Group Ltd.		12,237,000		1,065,927
	Shanghai Jin Jiang Capital Co. Ltd., Class H		7,560,000		2,976,985
	Shanghai Jinqiao Export Processing Zone Development Co. Ltd., Class A		179,421		417,341
#	Shanghai Kindly Medical Instruments Co. Ltd., Class H		46,400		90,185
	Shanghai Maling Aquarius Co. Ltd., Class A		310,225		330,338
	Shanghai Mechanical & Electrical Industry Co. Ltd., Class A		134,034		230,791
	Shanghai Moons’ Electric Co. Ltd., Class A		89,360		172,963
	Shanghai Pharmaceuticals Holding Co. Ltd., Class H		1,959,600		3,168,621
	Shanghai Pudong Construction Co. Ltd., Class A		391,992		395,120
	Shanghai Rongtai Health Technology Corp. Ltd., Class A		19,300		68,360
	Shanghai Shimao Co. Ltd., Class A		256,400		119,876
	Shanghai Shyndec Pharmaceutical Co. Ltd., Class A		332,033		451,819
	Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A		127,300		143,182
	Shanghai Tunnel Engineering Co. Ltd., Class A		778,950		689,829
	Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A		184,300		378,505
	Shanghai Wanye Enterprises Co. Ltd., Class A		3,672		8,503
	Shanghai Weaver Network Co. Ltd., Class A		46,505		295,325
	Shanghai Yaoji Technology Co. Ltd., Class A		23,800		52,351
	Shanghai Yongguan Adhesive Products Corp. Ltd., Class A		20,900		62,859
	Shanghai Zijiang Enterprise Group Co. Ltd., Class A		214,800		150,875
	Shanxi Blue Flame Holding Co. Ltd., Class A		335,600		549,298
	Shanxi Coking Co. Ltd., Class A		437,317		367,229
	Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A		308,400		628,317
	Shanxi Securities Co. Ltd., Class A		691,410		522,104
	Shanying International Holding Co. Ltd., Class A		1,207,015		513,817
*	Shengda Resources Co. Ltd., Class A		221,907		381,810
	Shenguan Holdings Group Ltd.		1,628,000		99,863
	Shengyuan Environmental Protection Co. Ltd., Class A		30,900		94,806
	Shenyang Xingqi Pharmaceutical Co. Ltd., Class A		15,300		241,346
	Shenzhen Agricultural Products Group Co. Ltd., Class A		615,280		554,376
*	Shenzhen Airport Co. Ltd., Class A		609,400		587,168
	Shenzhen Aisidi Co. Ltd., Class A		254,900		277,062
	Shenzhen Anche Technologies Co. Ltd., Class A		41,100		80,073
	Shenzhen Bauing Construction Holding Group Co. Ltd., Class A		272,700		117,985
	Shenzhen Center Power Tech Co. Ltd., Class A		76,600		126,532
	Shenzhen Changhong Technology Co. Ltd., Class A		88,900		210,840
	Shenzhen Comix Group Co. Ltd., Class A		202,801		166,634
	Shenzhen Das Intellitech Co. Ltd., Class A		657,611		266,684
	Shenzhen Desay Battery Technology Co., Class A		113,098		527,875
	Shenzhen Ellassay Fashion Co. Ltd., Class A		45,900		68,367
	Shenzhen Everwin Precision Technology Co. Ltd., Class A		228,018		264,919
	Shenzhen Expressway Corp. Ltd., Class H		2,734,400		2,812,159
	Shenzhen Fastprint Circuit Tech Co. Ltd., Class A		307,384		390,052
	Shenzhen Fine Made Electronics Group Co. Ltd., Class A		10,000		85,831
	Shenzhen Gas Corp. Ltd., Class A		232,100		224,400
	Shenzhen Gongjin Electronics Co. Ltd., Class A		192,000		193,566

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	Shenzhen Grandland Group Co. Ltd., Class A		272,300	$	92,401
	Shenzhen H&T Intelligent Control Co. Ltd., Class A		182,600		372,469
W	Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H		522,000		383,359
	Shenzhen Heungkong Holding Co. Ltd., Class A		1,466,160		503,099
	Shenzhen International Holdings Ltd.		4,956,314		5,308,154
	Shenzhen Investment Holdings Bay Area Development Co. Ltd.		33,500		11,646
	Shenzhen Investment Ltd.		13,965,720		3,012,904
	Shenzhen Jieshun Science & Technology Industry Co. Ltd., Class A		95,334		97,550
	Shenzhen Jinjia Group Co. Ltd., Class A		294,200		388,463
	Shenzhen Kaifa Technology Co. Ltd., Class A		47,500		69,810
	Shenzhen Kinwong Electronic Co. Ltd., Class A		69,174		214,535
	Shenzhen Kstar Science & Technology Co. Ltd., Class A		70,000		150,762
	Shenzhen Laibao Hi-tech Co. Ltd., Class A		30,700		33,147
	Shenzhen Megmeet Electrical Co. Ltd., Class A		152,428		430,473
*	Shenzhen Neptunus Bioengineering Co. Ltd., Class A		965,200		469,711
	Shenzhen Noposion Agrochemicals Co. Ltd., Class A		186,200		158,892
	Shenzhen Properties & Resources Development Group Ltd., Class A		76,600		138,106
*	Shenzhen SDG Information Co. Ltd., Class A		279,020		194,975
	Shenzhen Sinovatio Technology Co. Ltd., Class A		41,707		134,527
	Shenzhen Sunline Tech Co. Ltd., Class A		172,700		235,321
	Shenzhen Suntak Circuit Technology Co. Ltd., Class A		299,700		480,431
	Shenzhen Tagen Group Co. Ltd., Class A		317,710		319,418
	Shenzhen Topband Co. Ltd., Class A		240,700		287,489
	Shenzhen Weiguang Biological Products Co. Ltd., Class A		5,600		20,206
	Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A		256,400		201,058
	Shenzhen World Union Group, Inc., Class A		613,800		300,229
	Shenzhen Yan Tian Port Holding Co. Ltd., Class A		342,768		244,956
	Shenzhen Yinghe Technology Co. Ltd., Class A		127,800		341,281
	Shenzhen Ysstech Info-tech Co. Ltd., Class A		213,200		261,247
	Shenzhen Zhenye Group Co. Ltd., Class A		410,400		270,141
	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A		1,098,800		692,041
*	Shijiazhuang Changshan BeiMing Technology Co. Ltd., Class A		362,300		285,153
#	Shimao Group Holdings Ltd.		1,317,500		742,112
	Shinsun Holdings Group Co. Ltd.		274,000		22,590
	Shinva Medical Instrument Co. Ltd., Class A		138,680		355,372
	Shoucheng Holdings Ltd.		9,427,600		1,287,391
#	Shougang Fushan Resources Group Ltd.		8,487,128		3,171,394
*	Shouhang High-Tech Energy Co. Ltd., Class A		719,800		300,350
	Shui On Land Ltd.		15,753,143		2,229,368
*	Sichuan Development Lomon Co. Ltd., Class A		150,200		228,683
	Sichuan Expressway Co. Ltd., Class H		4,042,000		1,122,696
*	Sichuan Haite High-tech Co. Ltd., Class A		124,976		167,396
	Sichuan Jiuyuan Yinhai Software Co. Ltd., Class A		103,000		235,746
*	Sichuan Languang Development Co. Ltd., Class A		988,771		256,515
*	Sichuan Lutianhua Co. Ltd., Class A		23,400		18,141
	Sichuan Shuangma Cement Co. Ltd., Class A		187,737		495,956
	Sichuan Tianyi Comheart Telecom Co. Ltd., Class A		90,600		213,094
#	Sihuan Pharmaceutical Holdings Group Ltd.		16,460,000		2,598,062
*	Silver Grant International Holdings Group Ltd.		6,192,000		355,866
W	Simcere Pharmaceutical Group Ltd.		491,000		523,350
*	Sinco Pharmaceuticals Holdings Ltd.		1,824,000		400,353
††	Sinic Holdings Group Co. Ltd., Class H		235,000		5,690
	Sino Wealth Electronic Ltd., Class A		103,050		888,043
	Sinocare, Inc., Class A		112,300		253,456
	Sinochem International Corp., Class A		391,600		356,973
#	Sinofert Holdings Ltd.		9,231,327		1,539,161
*	Sino-I Technology Ltd.		3,950,000		10,068
*	Sinolink Worldwide Holdings Ltd.		15,827,440		466,640
	Sinoma International Engineering Co., Class A		296,600		348,905

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Sinomach Automobile Co. Ltd., Class A		342,600	$	317,630
	Sino-Ocean Group Holding Ltd.		13,156,500		2,484,531
	Sinopec Engineering Group Co. Ltd., Class H		6,311,500		3,297,947
	Sinopec Kantons Holdings Ltd.		4,414,000		1,501,729
*	Sinopec Oilfield Service Corp., Class H		8,470,000		630,964
	Sinopec Shanghai Petrochemical Co. Ltd., Class H		12,030,000		2,250,755
	Sinopharm Group Co. Ltd., Class H		3,968,800		9,132,914
	Sino-Platinum Metals Co. Ltd., Class A		96,142		237,107
	Sinosoft Co. Ltd., Class A		9,500		30,177
	Sinosoft Technology Group Ltd.		2,214,599		120,084
	Sinosteel Engineering & Technology Co. Ltd., Class A		507,700		433,709
	Sinotrans Ltd., Class H		8,722,000		2,635,924
	Sinotruk Hong Kong Ltd.		2,608,000		3,154,439
	Skyfame Realty Holdings Ltd.		13,378,000		144,896
	Skyworth Digital Co. Ltd., Class A		293,846		544,514
*	Skyworth Group Ltd.		6,186,266		3,238,743
# ††	SMI Culture & Travel Group Holdings Ltd.		6,033,814		72,126
	Smoore International Holdings Ltd.		15,232,000		42,899
*	SOHO China Ltd.		8,492,500		1,551,741
# *	Sohu.com Ltd., ADR		62,319		964,698
*	Solargiga Energy Holdings Ltd.		5,471,000		239,485
*	Sou Yu Te Group Co. Ltd., Class A		1,059,193		193,840
# *	South Manganese Investment Ltd.		2,312,000		249,130
*	So-Young International, Inc., ADR		83,482		113,536
	SSY Group Ltd.		5,937,152		2,916,448
*	Starrise Media Holdings Ltd.		550,000		10,654
	Streamax Technology Co. Ltd., Class A		6,900		23,041
††	Suchuang Gas Corp. Ltd.		608,000		70,508
#	Sun Art Retail Group Ltd.		4,785,000		1,485,328
	Sun King Technology Group Ltd.		4,158,000		1,182,640
	Sun-Create Electronics Co. Ltd., Class A		50,300		282,264
	Sunflower Pharmaceutical Group Co. Ltd., Class A		193,200		542,831
	Sunfly Intelligent Technology Co. Ltd., Class A		101,700		135,183
*	Suning Universal Co. Ltd., Class A		239,300		126,566
	Sunresin New Materials Co. Ltd., Class A		60,142		607,578
* W	Sunshine 100 China Holdings Ltd.		635,000		29,941
	Sunward Intelligent Equipment Co. Ltd., Class A		166,950		165,030
*	Sunwave Communications Co. Ltd., Class A		190,000		104,929
	Suplet Power Co. Ltd., Class A		52,994		345,336
	Suzhou Anjie Technology Co. Ltd., Class A		238,099		465,437
*	Suzhou Chunxing Precision Mechanical Co. Ltd., Class A		362,797		167,175
	Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A		575,700		413,774
	Suzhou Good-Ark Electronics Co. Ltd., Class A		181,300		235,183
	Suzhou Keda Technology Co. Ltd., Class A		109,368		95,071
	Suzhou Secote Precision Electronic Co. Ltd., Class A		47,200		113,806
	Suzhou TFC Optical Communication Co. Ltd., Class A		144,900		477,801
#	SY Holdings Group Ltd.		712,000		577,469
	Symphony Holdings Ltd.		7,140,000		899,553
*	SYoung Group Co. Ltd., Class A		44,200		77,446
	T&S Communications Co. Ltd., Class A		66,437		115,949
	Taiji Computer Corp. Ltd., Class A		168,856		437,935
	Tang Palace China Holdings Ltd.		440,000		36,125
	Tangrenshen Group Co. Ltd., Class A		112,227		127,235
	TangShan Port Group Co. Ltd., Class A		1,557,011		646,589
	Tangshan Sanyou Chemical Industries Co. Ltd., Class A		308,900		304,206
*	Taung Gold International Ltd.		60,770,000		201,748
	TCL Electronics Holdings Ltd.		3,563,347		1,611,840
††	Tech-Pro, Inc.		43,862,000		71,548
	Telling Telecommunication Holding Co. Ltd., Class A		166,100		221,950

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Ten Pao Group Holdings Ltd.		660,000	$	128,886
	Tenfu Cayman Holdings Co. Ltd.		306,000		194,658
# ††	Tenwow International Holdings Ltd.		4,023,000		36,554
	Three Squirrels, Inc., Class A		73,700		245,998
	Tian An China Investment Co. Ltd.		1,719,000		815,182
	Tian Di Science & Technology Co. Ltd., Class A		1,093,400		741,496
* W	Tian Ge Interactive Holdings Ltd.		2,221,000		221,240
	Tian Lun Gas Holdings Ltd.		1,352,500		793,667
*	Tian Shan Development Holding Ltd.		1,844,000		462,939
	Tiangong International Co. Ltd.		4,204,000		1,386,290
	Tianjin Capital Environmental Protection Group Co. Ltd., Class H		1,632,000		640,032
	Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A		778,500		680,577
	Tianjin Development Holdings Ltd.		2,298,000		499,761
	Tianjin Port Development Holdings Ltd.		12,226,800		994,723
	Tianjin Teda Co. Ltd., Class A		30,500		16,477
	Tianjin ZhongXin Pharmaceutical Group Corp. Ltd., Class A		19,900		58,762
	Tianli Education International Holdings Ltd.		3,114,000		307,472
#	Tianneng Power International Ltd.		2,966,048		2,471,113
*	Tianyun International Holdings Ltd.		1,794,000		349,792
	Tibet Cheezheng Tibetan Medicine Co. Ltd., Class A		30,900		114,319
	Tibet Rhodiola Pharmaceutical Holding Co., Class A		46,400		245,755
	Tibet Tianlu Co. Ltd., Class A		122,100		102,107
*	Tibet Water Resources Ltd.		9,150,000		561,150
*	Time Watch Investments Ltd.		170,000		9,652
	Times China Holdings Ltd.		1,302,000		461,645
	Tomson Group Ltd.		2,541,054		633,886
	Tong Ren Tang Technologies Co. Ltd., Class H		2,547,000		1,938,432
*	Tongcheng Travel Holdings Ltd.		3,294,400		5,809,251
*	Tongda Group Holdings Ltd.		24,615,000		415,321
*	Tongdao Liepin Group		247,800		459,078
*	Tongding Interconnection Information Co. Ltd., Class A		324,800		186,982
	TongFu Microelectronics Co. Ltd., Class A		40,400		80,214
	Tonghua Dongbao Pharmaceutical Co. Ltd., Class A		245,400		375,561
*	Tonghua Golden-Horse Pharmaceutical Industry Co. Ltd., Class A		170,100		108,162
	Tongling Jingda Special Magnet Wire Co. Ltd., Class A		363,380		231,279
	Tongyu Heavy Industry Co. Ltd., Class A		477,553		176,572
	Top Spring International Holdings Ltd.		1,539,500		188,503
	Topsec Technologies Group, Inc., Class A		194,227		269,934
W	Topsports International Holdings Ltd.		3,532,000		2,701,452
	Towngas Smart Energy Co. Ltd.		4,546,510		2,245,241
	Transfar Zhilian Co. Ltd., Class A		349,200		331,994
	TravelSky Technology Ltd., Class H		3,352,000		5,062,106
*	Trigiant Group Ltd.		4,284,000		254,524
* ††	Trony Solar Holdings Co. Ltd.		1,757,000		0
	TRS Information Technology Corp. Ltd., Class A		122,300		192,969
	Truly International Holdings Ltd.		6,217,573		1,693,452
W	Tsaker Chemical Group Ltd.		1,314,500		237,725
*	Tunghsu Optoelectronic Technology Co. Ltd., Class A		970,900		246,111
*	Tuniu Corp., Sponsored ADR		148,809		101,190
*	Tus Environmental Science & Technology Development Co. Ltd., Class A		360,500		168,804
	Unilumin Group Co. Ltd., Class A		335,700		282,290
	Uni-President China Holdings Ltd.		5,278,000		4,625,117
#	United Energy Group Ltd.		30,502,900		3,587,214
††	Untrade.CTEG.		18,320,000		148,951
	Valiant Co. Ltd., Class A		182,251		489,998
	VanJee Technology Co. Ltd., Class A		7,200		17,152
	Vats Liquor Chain Store Management JSC Ltd., Class A		81,400		446,216
	Vatti Corp. Ltd., Class A		188,447		143,379
W	VCredit Holdings Ltd.		159,400		63,417

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
#*W	Venus MedTech Hangzhou, Inc., Class H		144,500	$	265,274
	Victory Giant Technology Huizhou Co. Ltd., Class A		227,600		575,815
#	Vinda International Holdings Ltd.		1,459,000		3,517,935
# *	Viomi Technology Co. Ltd., ADR		37,442		58,784
*	Vipshop Holdings Ltd., ADR		1,202,127		9,208,293
# †† W	Virscend Education Co. Ltd.		563,000		24,753
	Wangneng Environment Co. Ltd., Class A		94,545		267,207
	Wangsu Science & Technology Co. Ltd., Class A		594,400		429,049
	Want Want China Holdings Ltd.		372,000		335,792
	Wanxiang Qianchao Co. Ltd., Class A		1,154,662		899,037
#	Wasion Holdings Ltd.		2,402,000		785,604
	Wasu Media Holding Co. Ltd., Class A		357,024		401,864
	Weifu High-Technology Group Co. Ltd., Class A		168,203		514,726
	Weiqiao Textile Co., Class H		1,940,500		540,276
	Wellhope Foods Co. Ltd., Class A		362,080		435,025
	West China Cement Ltd.		9,802,000		1,541,312
	Wharf Holdings Ltd.		1,734,000		5,080,446
	Wisdom Education International Holdings Co. Ltd.		3,004,000		104,703
*	Wison Engineering Services Co. Ltd.		1,334,000		51,584
	Wolong Electric Group Co. Ltd., Class A		445,172		729,645
*	Wuhan DDMC Culture & Sports Co. Ltd., Class A		231,500		130,656
	Wuhan Department Store Group Co. Ltd., Class A		234,382		363,705
	Wuhan Fingu Electronic Technology Co. Ltd., Class A		151,800		191,009
*	Wuhan P&S Information Technology Co. Ltd., Class A		405,100		282,761
	Wuhu Token Science Co. Ltd., Class A		74,700		68,612
#	Wuling Motors Holdings Ltd.		1,010,000		133,035
	Wuxi Taiji Industry Co. Ltd., Class A		465,900		466,361
	Wuxi Xinje Electric Co. Ltd., Class A		11,400		48,481
	XGD, Inc., Class A		155,100		288,334
W	Xiabuxiabu Catering Management China Holdings Co. Ltd.		1,777,000		781,480
	Xiamen Comfort Science & Technology Group Co. Ltd., Class A		182,400		227,516
	Xiamen International Airport Co. Ltd., Class A		20,400		44,991
	Xiamen International Port Co. Ltd., Class H		4,430,000		486,687
	Xiamen Intretech, Inc., Class A		10,300		31,907
	Xiamen ITG Group Corp. Ltd., Class A		489,000		551,326
	Xiamen Kingdomway Group Co., Class A		140,400		447,306
	Xiamen Xiangyu Co. Ltd., Class A		569,400		752,542
	Xi’an Triangle Defense Co. Ltd., Class A		96,600		565,121
	Xiandai Investment Co. Ltd., Class A		421,994		259,773
	Xilinmen Furniture Co. Ltd., Class A		121,000		430,550
	Xingda International Holdings Ltd.		6,085,861		1,091,185
	Xingfa Aluminium Holdings Ltd.		481,000		634,666
*	Xingyuan Environment Technology Co. Ltd., Class A		318,700		148,981
	Xinhua Winshare Publishing & Media Co. Ltd., Class H		1,968,103		1,399,940
	Xinhuanet Co. Ltd., Class A		120,800		273,639
*	Xinji Shaxi Group Co. Ltd.		387,000		13,533
#	Xinjiang Goldwind Science & Technology Co. Ltd., Class H		661,600		940,362
	Xinjiang Xintai Natural Gas Co. Ltd., Class A		86,188		272,720
*	Xinjiang Xinxin Mining Industry Co. Ltd., Class H		557,000		94,256
	Xinte Energy Co. Ltd., Class H		926,000		2,011,451
	Xinxiang Chemical Fiber Co. Ltd., Class A		28,900		15,494
	Xinxing Ductile Iron Pipes Co. Ltd., Class A		1,045,700		760,084
	Xinyangfeng Agricultural Technology Co. Ltd., Class A		89,200		209,303
	Xinyi Energy Holdings Ltd.		5,958,000		3,186,985
	Xinyu Iron & Steel Co. Ltd., Class A		577,800		498,363
#	Xtep International Holdings Ltd.		5,152,141		7,495,417
	Xuji Electric Co. Ltd., Class A		341,300		803,338
*	Xunlei Ltd., ADR		212,469		295,332
W	Yadea Group Holdings Ltd.		4,728,000		7,126,492

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
*	YaGuang Technology Group Co. Ltd., Class A		278,300	$	219,650
*	Yanchang Petroleum International Ltd.		12,940,000		85,557
W	Yangtze Optical Fibre & Cable Joint Stock Ltd. Co., Class H		447,500		580,298
	Yantai Changyu Pioneer Wine Co. Ltd., Class A		36,600		146,543
	Yantai Dongcheng Pharmaceutical Co. Ltd., Class A		173,113		279,262
	Yantai Eddie Precision Machinery Co. Ltd., Class A		7,109		20,569
	YanTai Shuangta Food Co. Ltd., Class A		319,000		346,690
	Yantai Tayho Advanced Materials Co. Ltd., Class A		156,934		310,723
	Yantai Zhenghai Bio-tech Co. Ltd.		7,100		58,753
*	Yashili International Holdings Ltd.		5,168,000		555,648
# *	Yeahka Ltd.		17,200		44,743
	YGSOFT, Inc., Class A		260,300		225,406
# * W	YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H		808,600		516,848
*	Yida China Holdings Ltd.		1,148,000		60,568
	Yifan Pharmaceutical Co. Ltd., Class A		265,766		475,283
	Yihai International Holding Ltd.		1,667,000		4,692,734
	Yijiahe Technology Co. Ltd., Class A		64,876		406,038
#	Yincheng International Holding Co. Ltd.		26,000		8,935
	Yipinhong Pharmaceutical Co. Ltd., Class A		97,380		409,475
	Yip’s Chemical Holdings Ltd.		1,386,000		712,207
*	Yiren Digital Ltd., Sponsored ADR		220,957		452,962
# * W	Yixin Group Ltd.		1,892,500		190,904
	Yixintang Pharmaceutical Group Co. Ltd., Class A		123,400		377,491
	Yotrio Group Co. Ltd., Class A		677,800		337,908
*	Youzu Interactive Co. Ltd., Class A		314,800		433,063
*	Yuan Heng Gas Holdings Ltd.		2,012,000		115,108
	Yuexiu Property Co. Ltd.		5,545,456		5,770,122
	Yuexiu Transport Infrastructure Ltd.		4,268,018		2,723,629
	Yunnan Copper Co. Ltd., Class A		370,272		580,572
	Yusys Technologies Co. Ltd., Class A		98,900		223,180
	Yuzhou Group Holdings Co. Ltd.		3,085,181		218,212
	ZBOM Home Collection Co. Ltd., Class A		100,588		310,393
#	Zepp Health Corp., ADR		24,510		59,314
	Zhaojin Mining Industry Co. Ltd., Class H		4,019,500		3,820,825
	Zhejiang Communications Technology Co. Ltd.		463,200		476,385
*	Zhejiang Conba Pharmaceutical Co. Ltd., Class A		612,900		409,650
	Zhejiang Crystal-Optech Co. Ltd., Class A		398,626		564,995
	Zhejiang Expressway Co. Ltd., Class H		5,940,000		4,896,963
	Zhejiang Garden Bio-Chemical High-tech Co. Ltd., Class A		222,400		421,009
# * ††	Zhejiang Glass Co. Ltd.		445,000		0
	Zhejiang Hailiang Co. Ltd., Class A		642,181		877,345
	Zhejiang Hangmin Co. Ltd., Class A		354,400		272,949
	Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A		430,830		409,982
	Zhejiang Huace Film & Television Co. Ltd., Class A		502,700		328,653
	Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A		287,800		452,900
	Zhejiang Jianfeng Group Co. Ltd., Class A		24,600		50,745
	Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A		147,829		527,724
*	Zhejiang Jingu Co. Ltd., Class A		346,600		268,601
	Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A		287,760		376,663
*	Zhejiang Jinke Tom Culture Industry Co. Ltd., Class A		983,168		495,640
	Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A		123,600		282,511
	Zhejiang Medicine Co. Ltd., Class A		338,800		645,300
	Zhejiang Meida Industrial Co. Ltd., Class A		223,540		475,509
	Zhejiang Narada Power Source Co. Ltd., Class A		172,700		280,199
	Zhejiang Orient Financial Holdings Group Co. Ltd., Class A		397,956		219,943
	Zhejiang Runtu Co. Ltd., Class A		306,134		359,925
*	Zhejiang Shibao Co. Ltd., Class H		558,000		97,398
	Zhejiang Southeast Space Frame Co. Ltd., Class A		138,600		181,296
	Zhejiang Tiantie Industry Co. Ltd., Class A		23,200		49,690

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
CHINA — (Continued)
	Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A		84,205	$	404,217
	Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A		819,420		466,056
	Zhejiang Wanliyang Co. Ltd., Class A		244,570		244,647
	Zhejiang Wanma Co. Ltd., Class A		111,500		109,655
	Zhejiang Wansheng Co. Ltd., Class A		34,900		84,807
	Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A		9,000		55,731
	Zhejiang Xianju Pharmaceutical Co. Ltd., Class A		222,600		298,744
	Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A		247,902		643,267
	Zhejiang Yankon Group Co. Ltd., Class A		95,500		48,591
	Zhejiang Yasha Decoration Co. Ltd., Class A		389,600		274,110
	Zhejiang Yinlun Machinery Co. Ltd., Class A		50,700		59,126
#	Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H		1,089,800		1,144,188
*	Zhong An Group Ltd.		13,063,800		496,348
* W	ZhongAn Online P&C Insurance Co. Ltd., Class H		1,277,100		4,391,104
#	Zhongliang Holdings Group Co. Ltd.		464,500		149,088
	Zhongshan Broad Ocean Motor Co. Ltd., Class A		296,300		222,647
	Zhongshan Public Utilities Group Co. Ltd., Class A		485,800		561,257
*	Zhongtian Financial Group Co. Ltd., Class A		1,461,176		472,931
	Zhongyu Energy Holdings Ltd.		1,994,306		1,751,691
# W	Zhou Hei Ya International Holdings Co. Ltd.		2,883,500		1,484,022
#	Zhuguang Holdings Group Co. Ltd.		7,108,000		1,295,806
	Zhuhai Bojay Electronics Co. Ltd., Class A		14,178		69,114
*	Zhuhai Orbita Aerospace Science & Technology Co. Ltd., Class A		172,200		195,328
	Zibo Qixiang Tengda Chemical Co. Ltd., Class A		246,921		264,056
*	ZJBC Information Technology Co. Ltd., Class A		201,160		85,245

TOTAL CHINA					1,059,374,208

COLOMBIA — (0.2%)
	Bolsa de Valores de Colombia		63,819		153,904
	Celsia SA ESP		1,957,518		2,111,825
	Cementos Argos SA		1,098,387		1,666,451
*	CEMEX Latam Holdings SA		765,979		532,199
*	Corp. Financiera Colombiana SA		275,562		2,019,027
	Grupo Argos SA		48,640		176,962
	Mineros SA		223,012		182,838
	Promigas SA ESP		10,240		18,020

TOTAL COLOMBIA					6,861,226

GREECE — (0.3%)
*	Aegean Airlines SA		137,813		770,197
	Athens Water Supply & Sewage Co. SA		102,231		762,659
	Autohellas Tourist & Trading SA		62,316		610,289
	Bank of Greece		115,124		2,166,946
*	Ellaktor SA		381,229		546,563
	ElvalHalcor SA		61,497		107,978
*	Fourlis Holdings SA		148,500		578,957
*	GEK Terna Holding Real Estate Construction SA		253,934		2,605,345
	Hellenic Exchanges - Athens Stock Exchange SA		202,258		793,897
	Holding Co. ADMIE IPTO SA		297,838		714,338
*	Intracom Holdings SA		131,176		235,798
*	LAMDA Development SA		150,639		1,025,246
	Motor Oil Hellas Corinth Refineries SA		24,547		388,337
	Piraeus Port Authority SA		26,723		486,619
	Quest Holdings SA		40,294		246,820
	Sarantis SA		131,589		1,005,923
	Terna Energy SA		99,737		1,864,069
	Thrace Plastics Holding & Co.		6,826		33,703

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
GREECE — (Continued)
	Titan Cement International SA		20,332	$	284,859

TOTAL GREECE					15,228,543

HONG KONG — (0.0%)
* ††	Anxin-China Holdings Ltd.		16,347,000		0
††	CECEP COSTIN New Materials Group Ltd.		4,494,000		64,429
* ††	Karce Co. Ltd.		1,336,000		0
* ††	Magnum Uranium Corp.		876,000		0
	My Medicare		6,950,000		38,173
* ††	Realgold Resources Corp.		300,500		0
	Texhong Textile Group Ltd.		85,000		102,219
* ††	Untrade Youyuan Holdings		2,698,070		0
* ††	Untrade. C Fiber Optic		9,639,999		0

TOTAL HONG KONG					204,821

HUNGARY — (0.1%)
	Magyar Telekom Telecommunications PLC		1,433,835		1,551,786
# *	Opus Global Nyrt		302,678		168,818
	Richter Gedeon Nyrt		62,801		1,253,011

TOTAL HUNGARY					2,973,615

INDIA — (16.5%)
	63 Moons Technologies Ltd.		5,460		15,642
	Aarti Drugs Ltd.		110,812		665,410
	Aarti Industries Ltd.		480,830		5,530,478
	Abbott India Ltd.		15,291		3,407,230
	Accelya Solutions India Ltd.		3,300		41,507
	Action Construction Equipment Ltd.		64,420		201,364
	Adani Enterprises Ltd.		163,065		4,947,126
*	Adani Green Energy Ltd.		94,029		3,512,855
*	Adani Power Ltd.		1,407,682		5,142,323
	Adani Total Gas Ltd.		50,749		1,629,277
*	Adani Transmission Ltd.		275,811		9,936,284
*	Aditya Birla Capital Ltd.		1,042,109		1,626,782
	Advanced Enzyme Technologies Ltd.		166,705		655,083
	Aegis Logistics Ltd.		508,694		1,461,624
	Agro Tech Foods Ltd.		54,802		650,604
*	Ahluwalia Contracts India Ltd.		29,779		203,528
	AIA Engineering Ltd.		176,351		4,437,508
	Ajanta Pharma Ltd.		101,318		2,279,053
	Akzo Nobel India Ltd.		43,658		1,071,968
	Alembic Ltd.		269,593		271,348
	Alembic Pharmaceuticals Ltd.		204,849		2,080,954
	Alkem Laboratories Ltd.		7,618		323,984
	Alkyl Amines Chemicals		50,321		2,075,190
	Allcargo Logistics Ltd.		227,668		1,045,599
*	Alok Industries Ltd.		3,273,901		1,087,721
	Amara Raja Batteries Ltd.		175,308		1,276,466
*	Amber Enterprises India Ltd.		8,826		423,254
	Amrutanjan Health Care Ltd.		18,616		218,200
* ††	Amtek Auto Ltd.		217,501		1,467
	Anant Raj Ltd.		31,769		25,901
	Andhra Sugars Ltd.		39,058		81,972
	Apar Industries Ltd.		9,747		85,281
	Apcotex Industries Ltd.		13,082		100,418
*	APL Apollo Tubes Ltd.		318,283		4,237,769
	Apollo Tyres Ltd.		1,117,624		2,961,730
*	Arvind Fashions Ltd.		207,643		770,912

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
*	Arvind Ltd.		591,006	$	944,802
	Asahi India Glass Ltd.		352,222		2,115,930
	Ashiana Housing Ltd.		46,993		92,222
*	Ashoka Buildcon Ltd.		369,747		414,332
	Asian Granito India Ltd.		7,080		6,693
	Astec Lifesciences Ltd.		6,132		143,848
* W	Aster DM Healthcare Ltd.		93,191		234,232
	Astra Microwave Products Ltd.		26,394		86,702
	Astral Ltd.		167,831		4,695,462
	AstraZeneca Pharma India Ltd.		17,775		640,240
	Atul Ltd.		56,299		6,514,998
* W	AU Small Finance Bank Ltd.		107,459		1,933,834
	Automotive Axles Ltd.		15,690		327,243
	Avanti Feeds Ltd.		176,442		998,780
	Bajaj Consumer Care Ltd.		362,855		792,590
*	Bajaj Electricals Ltd.		18,646		266,006
*	Bajaj Hindusthan Sugar Ltd.		1,332,368		296,311
	Bajaj Holdings & Investment Ltd.		50,436		3,410,838
	Balaji Amines Ltd.		43,259		1,815,135
	Balkrishna Industries Ltd.		20,217		560,720
	Balmer Lawrie & Co. Ltd.		230,549		356,931
	Balrampur Chini Mills Ltd.		489,227		2,825,293
	Banco Products India Ltd.		14,120		25,953
*	Bank of India		574,453		357,755
*	Bank of Maharashtra		986,206		228,394
	Bannari Amman Sugars Ltd.		12,765		445,999
	BASF India Ltd.		46,643		1,634,465
	Bata India Ltd.		151,365		3,852,792
	Bayer CropScience Ltd.		13,354		808,087
	BEML Ltd.		48,307		1,038,473
*	BF Utilities Ltd.		59,511		295,059
	Bhansali Engineering Polymers Ltd.		235,301		383,790
	Bharat Bijlee Ltd.		2,006		44,505
	Bharat Dynamics Ltd.		60,728		589,987
	Bharat Electronics Ltd.		892,804		2,753,405
	Bharat Forge Ltd.		628,316		5,727,748
*	Bharat Heavy Electricals Ltd.		2,694,385		1,834,442
	Bharat Rasayan Ltd.		2,908		531,677
	Birla Corp. Ltd.		96,625		1,368,496
	Birlasoft Ltd.		466,391		2,485,725
	Bliss Gvs Pharma Ltd.		133,346		139,425
	Blue Dart Express Ltd.		17,602		1,558,670
	Blue Star Ltd.		88,625		1,318,274
	Bodal Chemicals Ltd.		82,131		117,004
	Bombay Burmah Trading Co.		12,619		165,627
*	Bombay Dyeing & Manufacturing Co. Ltd.		270,409		435,022
*	Borosil Renewables Ltd.		90,150		820,647
	Brigade Enterprises Ltd.		287,122		1,689,311
	Brightcom Group Ltd.		22,983		24,941
	BSE Ltd.		261,489		3,066,719
*	Camlin Fine Sciences Ltd.		62,373		99,260
	Can Fin Homes Ltd.		183,795		1,409,847
*	Canara Bank		6,339		18,816
*	Capacit’e Infraprojects Ltd.		15,657		27,735
	Caplin Point Laboratories Ltd.		72,924		671,707
	Carborundum Universal Ltd.		262,115		2,657,085
	Care Ratings Ltd.		49,682		297,975
	Castrol India Ltd.		566,471		797,951
	CCL Products India Ltd.		278,029		1,479,259

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Ceat Ltd.		86,455	$	1,272,772
*	Central Bank of India Ltd.		531,432		128,501
	Central Depository Services India Ltd.		206,228		3,686,714
	Century Enka Ltd.		12,482		95,655
	Century Plyboards India Ltd.		218,215		1,803,807
	Century Textiles & Industries Ltd.		142,158		1,535,907
	Cera Sanitaryware Ltd.		18,745		1,018,288
	CESC Ltd.		2,196,962		2,441,521
*	CG Power & Industrial Solutions Ltd.		315,782		811,188
	Chambal Fertilisers & Chemicals Ltd.		574,017		3,398,410
*	Chennai Petroleum Corp. Ltd.		157,831		571,504
††	Chennai Super Kings Cricket Ltd.		1,658,632		9,154
	Cholamandalam Financial Holdings Ltd.		398,017		3,366,729
	Cholamandalam Investment & Finance Co. Ltd.		53,578		517,427
	Cigniti Technologies Ltd.		4,539		25,855
	City Union Bank Ltd.		1,316,807		2,347,416
W	Cochin Shipyard Ltd.		45,819		200,160
	Coforge Ltd.		102,611		5,586,189
	Computer Age Management Services Ltd.		23,851		761,742
	Container Corp. of India Ltd.		189,088		1,594,303
	Coromandel International Ltd.		406,680		4,734,277
	Cosmo Films Ltd.		10,174		250,283
*	CreditAccess Grameen Ltd.		56,723		765,321
	CRISIL Ltd.		61,867		2,997,579
	Crompton Greaves Consumer Electricals Ltd.		1,658,783		8,289,894
*	CSB Bank Ltd.		19,944		55,528
	Cummins India Ltd.		296,857		3,978,954
	Cyient Ltd.		184,457		2,120,807
*	D B Realty Ltd.		15,965		18,494
	Dalmia Bharat Ltd.		153,753		3,037,780
	Dalmia Bharat Sugar & Industries Ltd.		10,316		63,323
	DB Corp. Ltd.		50,465		59,328
*	DCB Bank Ltd.		611,934		633,794
	DCM Shriram Ltd.		132,530		2,030,626
*	DCW Ltd.		86,564		52,926
	Deepak Fertilisers & Petrochemicals Corp. Ltd.		187,415		1,629,326
	Deepak Nitrite Ltd.		174,205		5,235,218
	Delta Corp. Ltd.		446,857		1,543,819
*	DEN Networks Ltd.		181,626		96,513
	Dhampur Sugar Mills Ltd.		121,578		823,035
*	Dhani Services Ltd.		982,211		696,186
	Dhanuka Agritech Ltd.		43,376		403,636
W	Dilip Buildcon Ltd.		141,880		486,120
*	Dish TV India Ltd.		3,313,643		705,563
*	Dishman Carbogen Amcis Ltd.		210,016		446,792
	Dixon Technologies India Ltd.		86,540		4,897,697
	Dollar Industries Ltd.		11,600		87,000
W	Dr Lal PathLabs Ltd.		101,801		3,444,290
*	DRC Systems India Ltd.		21,540		12,102
*	Dredging Corp. of India Ltd.		9,174		41,285
	Dwarikesh Sugar Industries Ltd.		100,754		165,176
*	Dynamatic Technologies Ltd.		1,653		49,624
	eClerx Services Ltd.		66,992		2,104,709
	Edelweiss Financial Services Ltd.		1,553,368		1,209,326
	EID Parry India Ltd.		253,753		1,768,066
*	EIH Associated Hotels		2,335		14,170
*	EIH Ltd.		598,761		1,241,274
	Electrosteel Castings Ltd.		623,369		309,410
	Elgi Equipments Ltd.		526,947		2,367,437

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Emami Ltd.		410,385	$	2,618,759
W	Endurance Technologies Ltd.		50,432		803,656
	Engineers India Ltd.		716,970		599,041
	EPL Ltd.		171,552		376,104
* W	Equitas Small Finance Bank Ltd.		139,908		99,076
W	Eris Lifesciences Ltd.		85,412		762,857
	ESAB India Ltd.		3,939		167,943
	Escorts Ltd.		65,965		1,400,456
*	Eveready Industries India Ltd.		54,492		227,100
	Everest Industries Ltd.		1,236		9,379
	Everest Kanto Cylinder Ltd.		66,676		169,021
	Excel Industries Ltd.		3,403		63,478
	Exide Industries Ltd.		1,080,287		2,144,957
*	FDC Ltd.		175,365		611,086
	Federal Bank Ltd.		5,370,459		6,683,498
	FIEM Industries Ltd.		5,032		62,980
	Filatex India Ltd.		107,870		164,764
	Fine Organic Industries Ltd.		8,143		475,827
	Finolex Cables Ltd.		272,441		1,417,157
	Finolex Industries Ltd.		955,420		1,932,133
	Firstsource Solutions Ltd.		984,127		1,587,511
	Force Motors Ltd.		4,465		69,104
*	Fortis Healthcare Ltd.		1,778,161		6,163,496
*	Future Consumer Ltd.		175,333		5,137
	Gabriel India Ltd.		234,396		360,927
	Galaxy Surfactants Ltd.		12,936		488,537
	Garden Reach Shipbuilders & Engineers Ltd.		32,522		120,140
	Garware Technical Fibres Ltd.		35,738		1,420,562
*	Gateway Distriparks Ltd.		978,876		955,922
*	Gati Ltd.		95,449		212,047
*	Gayatri Projects Ltd.		54,223		14,708
	GE Power India Ltd.		11,324		25,899
*	GE T&D India Ltd.		196,502		316,822
* W	General Insurance Corp. of India		11,497		19,879
	Genus Power Infrastructures Ltd.		96,180		129,237
	Geojit Financial Services Ltd.		27,742		23,782
	GHCL Ltd.		182,273		1,469,058
	GIC Housing Finance Ltd.		10,397		19,312
	Gillette India Ltd.		17,329		1,199,703
	GlaxoSmithKline Pharmaceuticals Ltd.		33,544		685,934
	Glenmark Pharmaceuticals Ltd.		501,614		2,871,868
	GMM Pfaudler Ltd.		2,654		155,713
*	GMR Infrastructure Ltd.		1,795,502		874,120
	Godawari Power & Ispat Ltd.		33,002		178,611
	Godfrey Phillips India Ltd.		48,483		764,102
W	Godrej Agrovet Ltd.		25,775		183,633
*	Godrej Industries Ltd.		188,963		1,212,253
	Goodyear India Ltd.		3,137		37,127
	Granules India Ltd.		480,026		1,754,496
	Graphite India Ltd.		56,234		382,609
	Gravita India Ltd.		3,285		13,381
	Great Eastern Shipping Co. Ltd. (The)		307,104		1,556,565
	Greaves Cotton Ltd.		339,261		725,590
	Greenlam Industries Ltd.		14,390		66,361
	Greenpanel Industries Ltd.		48,546		380,835
	Greenply Industries Ltd.		97,847		266,424
	Grindwell Norton Ltd.		105,759		2,351,523
	Gujarat Alkalies & Chemicals Ltd.		126,178		1,635,568
	Gujarat Ambuja Exports Ltd.		252,205		1,085,266

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Gujarat Fluorochemicals Ltd.		139,493	$	5,080,719
	Gujarat Industries Power Co. Ltd.		151,680		184,051
	Gujarat Mineral Development Corp. Ltd.		143,540		344,558
	Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		239,481		2,585,175
	Gujarat Pipavav Port Ltd.		986,533		1,122,102
	Gujarat State Fertilizers & Chemicals Ltd.		454,863		1,012,381
	Gujarat State Petronet Ltd.		781,576		2,657,453
	Gulf Oil Lubricants India Ltd.		50,156		278,242
*	Hathway Cable & Datacom Ltd.		852,319		222,690
	Hatsun Agro Product Ltd.		105,358		1,447,091
	HBL Power Systems Ltd.		150,930		170,253
*	HealthCare Global Enterprises Ltd.		18,544		68,482
	HEG Ltd.		14,568		231,460
	HeidelbergCement India Ltd.		244,465		642,802
	Heritage Foods Ltd.		51,381		209,631
	Hester Biosciences Ltd.		11,114		376,512
	HFCL Ltd.		2,094,768		1,999,610
	HG Infra Engineering Ltd.		17,499		140,629
	Hikal Ltd.		204,581		1,058,644
	HIL Ltd.		14,909		740,007
	Himadri Speciality Chemical Ltd.		539,750		487,325
	Himatsingka Seide Ltd.		66,016		126,902
	Hinduja Global Solutions Ltd.		72,357		959,113
	Hindustan Aeronautics Ltd.		8,128		168,338
*	Hindustan Construction Co. Ltd.		2,351,198		482,030
	Hindustan Copper Ltd.		281,976		410,642
*	Hindustan Oil Exploration Co. Ltd.		190,919		500,143
	Hle Glascoat Ltd.		2,753		166,590
	Honda India Power Products Ltd.		12,211		229,514
	Honeywell Automation India Ltd.		2,492		1,297,154
	HSIL Ltd.		14,441		59,389
	Huhtamaki India Ltd.		86,236		221,039
	I G Petrochemicals Ltd.		13,766		133,410
W	ICICI Securities Ltd.		136,551		996,161
	ICRA Ltd.		4,665		248,365
*	IDFC First Bank Ltd.		6,440,948		3,286,239
	IDFC Ltd.		3,888,266		2,863,585
*	IFB Industries Ltd.		32,304		403,500
*	IFCI Ltd.		491,185		71,687
	Igarashi Motors India Ltd.		2,487		11,488
	IIFL Finance Ltd.		572,417		2,613,128
	IIFL Securities Ltd.		43,631		50,687
	IIFL Wealth Management Ltd.		169,047		3,732,489
	India Cements Ltd.		488,174		1,309,753
	India Glycols Ltd.		50,275		629,903
	India Nippon Electricals Ltd.		1,455		8,257
	Indiabulls Housing Finance Ltd.		947,333		1,880,459
*	Indiabulls Real Estate Ltd.		592,643		684,530
W	IndiaMart InterMesh Ltd.		8,434		540,034
	Indian Bank		249,104		526,499
W	Indian Energy Exchange Ltd.		750,762		2,078,969
	Indian Hotels Co. Ltd.		2,698,770		8,924,080
	Indian Hume Pipe Co. Ltd. (The)		35,244		82,698
	Indian Metals & Ferro Alloys Ltd.		3,008		16,006
	Indo Count Industries Ltd.		166,243		337,199
	Indoco Remedies Ltd.		110,768		553,743
	Indraprastha Gas Ltd.		87,065		399,929
	INEOS Styrolution India Ltd.		15,206		166,373
	Infibeam Avenues Ltd.		2,531,827		594,956

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Ingersoll Rand India Ltd.		10,463	$	230,458
*	Inox Leisure Ltd.		120,537		781,370
*	Inox Wind Ltd.		68,852		96,351
*	Insecticides India Ltd.		1,622		15,161
*	Intellect Design Arena Ltd.		257,424		2,653,671
	IOL Chemicals & Pharmaceuticals Ltd.		33,532		199,161
	Ipca Laboratories Ltd.		431,692		5,690,769
*	IRB Infrastructure Developers Ltd.		392,575		1,203,649
W	IRCON International Ltd.		340,066		183,746
	ITD Cementation India Ltd.		240,706		213,528
*	ITI Ltd.		107,422		139,972
	J Kumar Infraprojects Ltd.		45,943		127,257
*	Jagran Prakashan Ltd.		305,072		266,297
	Jai Corp. Ltd.		117,016		215,157
*	Jaiprakash Associates Ltd.		1,940,924		233,537
*	Jaiprakash Power Ventures Ltd.		13,014,526		1,264,638
*	Jammu & Kashmir Bank Ltd. (The)		469,222		187,086
	Jamna Auto Industries Ltd.		596,709		854,862
	JB Chemicals & Pharmaceuticals Ltd.		141,326		3,133,357
	JBM Auto Ltd.		24,840		164,559
	Jindal Poly Films Ltd.		69,731		1,005,360
	Jindal Saw Ltd.		598,771		714,538
*	Jindal Stainless Hisar Ltd.		352,858		1,626,927
*	Jindal Stainless Ltd.		637,551		1,528,585
	JK Cement Ltd.		124,172		4,279,083
	JK Lakshmi Cement Ltd.		171,089		981,160
	JK Paper Ltd.		300,392		1,400,600
	JK Tyre & Industries Ltd.		309,349		515,211
	JM Financial Ltd.		1,500,361		1,493,108
	JMC Projects India Ltd.		170,972		184,221
*	Johnson Controls-Hitachi Air Conditioning India Ltd.		30,395		772,635
	JSW Energy Ltd.		1,130,932		4,719,247
	JTEKT India Ltd.		150,187		155,464
	Jubilant Ingrevia Ltd.		455,030		2,959,671
	Jubilant Pharmova Ltd.		270,636		1,655,289
	Jyothy Labs Ltd.		475,110		959,504
	Kajaria Ceramics Ltd.		298,779		4,005,113
	Kalpataru Power Transmission Ltd.		229,449		1,075,104
	Kalyani Steels Ltd.		73,704		298,536
	Kansai Nerolac Paints Ltd.		115,063		703,620
	Karnataka Bank Ltd. (The)		745,374		609,191
	Karur Vysya Bank Ltd.		1,624,247		1,024,089
	Kaveri Seed Co. Ltd.		83,707		587,107
	KCP Ltd.		65,545		98,566
	KEC International Ltd.		358,491		1,856,480
	KEI Industries Ltd.		210,092		3,306,066
	Kennametal India Ltd.		4,425		109,994
*	Kesoram Industries Ltd.		108,624		84,992
*	Kiri Industries Ltd.		76,505		494,559
	Kirloskar Brothers Ltd.		2,048		8,699
	Kirloskar Ferrous Industries Ltd.		35,050		112,519
	Kirloskar Oil Engines Ltd.		196,999		414,199
	Kitex Garments Ltd.		13,703		46,352
	KNR Constructions Ltd.		372,490		1,308,085
*	Kolte-Patil Developers Ltd.		27,628		96,431
	KPIT Technologies Ltd.		697,657		4,993,159
	KPR Mill Ltd.		432,892		3,546,025
	KRBL Ltd.		158,822		492,569
	KSB Ltd.		45,773		794,404

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
*	L&T Finance Holdings Ltd.		2,428,362	$	2,756,476
	LA Opala RG Ltd.		131,747		520,507
	Lakshmi Machine Works Ltd.		12,187		1,480,410
W	Laurus Labs Ltd.		837,166		6,339,955
* W	Lemon Tree Hotels Ltd.		876,090		754,383
	LG Balakrishnan & Bros Ltd.		46,615		397,840
	LIC Housing Finance Ltd.		965,081		4,738,700
	Linde India Ltd.		80,867		3,780,237
	LT Foods Ltd.		472,709		535,630
	Lumax Auto Technologies Ltd.		34,222		81,176
	Lumax Industries Ltd.		1,862		23,362
	LUX Industries Ltd.		27,941		838,445
	Mahanagar Gas Ltd.		195,326		1,954,753
	Maharashtra Scooters Ltd.		786		39,586
	Maharashtra Seamless Ltd.		98,993		758,922
	Mahindra & Mahindra Financial Services Ltd.		1,801,604		4,271,317
	Mahindra CIE Automotive Ltd.		439,069		1,251,225
*	Mahindra Holidays & Resorts India Ltd.		215,913		716,064
*	Mahindra Lifespace Developers Ltd.		295,643		1,468,956
W	Mahindra Logistics Ltd.		34,118		225,704
	Maithan Alloys Ltd.		6,596		111,938
	Man Infraconstruction Ltd.		155,863		209,973
	Manappuram Finance Ltd.		1,034,392		1,544,222
	Mangalam Cement Ltd.		6,575		32,634
*	Mangalore Refinery & Petrochemicals Ltd.		640,392		615,955
	Marksans Pharma Ltd.		675,884		470,437
W	MAS Financial Services Ltd.		32,705		275,115
	Mastek Ltd.		45,504		1,655,101
*	Max Financial Services Ltd.		202,845		1,993,327
*	Max Healthcare Institute Ltd.		740,041		3,955,992
	Mayur Uniquoters Ltd.		55,428		268,169
	Mazagon Dock Shipbuilders Ltd.		29,477		113,991
*	Meghmani Finechem Ltd.		47,103		879,247
	Meghmani Organics Ltd.		501,099		810,140
W	Metropolis Healthcare Ltd.		49,264		1,538,284
	Minda Corp. Ltd.		112,024		358,435
	Minda Industries Ltd.		237,168		2,820,864
*	Mirc Electronics Ltd.		24,460		5,925
*	Mirza International Ltd.		38,092		104,521
W	Mishra Dhatu Nigam Ltd.		67,008		167,805
	MM Forgings Ltd.		4,014		46,591
	MOIL Ltd.		209,131		483,563
	Monte Carlo Fashions Ltd.		18,930		137,702
*	Morepen Laboratories Ltd.		893,603		563,093
	Motilal Oswal Financial Services Ltd.		127,054		1,487,083
	Mphasis Ltd.		141,650		5,186,509
	MRF Ltd.		2,095		1,980,788
	MSTC Ltd.		43,926		191,521
	Multi Commodity Exchange of India Ltd.		72,481		1,347,738
	Nahar Spinning Mills Ltd.		11,392		76,513
*	Narayana Hrudayalaya Ltd.		62,229		567,670
	Natco Pharma Ltd.		354,253		3,626,545
	National Aluminium Co. Ltd.		2,223,972		3,001,937
*	National Fertilizers Ltd.		16,472		12,621
	Nava Bharat Ventures Ltd.		237,619		506,200
	Navin Fluorine International Ltd.		67,419		3,439,251
	Navneet Education Ltd.		316,145		423,259
	NBCC India Ltd.		2,349,156		1,152,188
	NCC Ltd.		1,000,407		881,194

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	NCL Industries Ltd.		16,947	$	41,432
	NELCO Ltd.		18,340		159,730
	Neogen Chemicals Ltd.		12,136		246,481
	NESCO Ltd.		76,992		577,005
*	Network18 Media & Investments Ltd.		360,369		407,372
	Neuland Laboratories Ltd.		4,447		76,993
	Newgen Software Technologies Ltd.		17,273		104,766
	NHPC Ltd.		2,020,565		872,388
	NIIT Ltd.		316,922		2,351,253
	Nilkamal Ltd.		20,926		553,596
	NLC India Ltd.		685,573		730,714
	NOCIL Ltd.		318,127		937,528
	NRB Bearings Ltd.		160,550		251,702
	Nucleus Software Exports Ltd.		28,161		157,459
*	Oberoi Realty Ltd.		271,843		3,375,119
	Oil India Ltd.		909,593		2,680,582
*	Olectra Greentech Ltd.		10,905		90,094
*	Omaxe Ltd.		162,081		210,409
	OnMobile Global Ltd.		74,467		158,475
	Oracle Financial Services Software Ltd.		11,744		547,152
	Orient Cement Ltd.		376,080		672,525
	Orient Electric Ltd.		333,010		1,435,777
	Orient Paper & Industries Ltd.		106,744		44,779
	Oriental Aromatics Ltd.		1,780		16,025
	Oriental Carbon & Chemicals Ltd.		13,160		150,437
	Oriental Hotels Ltd.		16,334		13,638
	Page Industries Ltd.		3,798		2,256,692
	Paisalo Digital Ltd.		20,279		195,517
	Panama Petrochem Ltd.		24,220		111,535
W	Parag Milk Foods Ltd.		100,063		131,463
*	Patel Engineering Ltd.		94,349		31,499
*	PC Jeweller Ltd.		240,798		68,191
	PCBL Ltd.		555,314		806,356
	Persistent Systems Ltd.		220,788		12,384,115
	Petronet LNG Ltd.		92,651		245,285
	Pfizer Ltd.		35,677		2,041,982
	Phoenix Mills Ltd.		331,488		4,587,402
* W	PNB Housing Finance Ltd.		238,767		1,164,294
	PNC Infratech Ltd.		168,016		559,139
	Poly Medicure Ltd.		72,531		818,955
	Polyplex Corp. Ltd.		57,415		2,036,600
*	Poonawalla Fincorp Ltd.		89,340		352,495
	Power Finance Corp. Ltd.		503,564		770,397
*	Power Mech Projects Ltd.		3,869		46,515
	Praj Industries Ltd.		362,160		1,916,701
*	Prakash Industries Ltd.		87,604		85,777
W	Prataap Snacks Ltd.		3,362		30,435
	Precision Camshafts Ltd.		5,523		9,387
	Prestige Estates Projects Ltd.		519,390		3,196,016
*	Pricol Ltd.		131,786		236,140
	Prince Pipes & Fittings Ltd.		62,893		540,674
*	Prism Johnson Ltd.		457,223		677,406
	Privi Speciality Chemicals Ltd.		7,832		199,479
	Procter & Gamble Health Ltd.		29,018		1,695,668
	PSP Projects Ltd.		17,582		123,009
*	PTC India Financial Services Ltd.		839,507		183,375
	PTC India Ltd.		682,213		819,007
*	PVR Ltd.		95,774		2,250,832
W	Quess Corp. Ltd.		102,328		952,361

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
W	Quick Heal Technologies Ltd.		5,285	$	12,945
	Radico Khaitan Ltd.		274,639		3,210,246
	Rain Industries Ltd.		453,064		1,000,060
	Rajesh Exports Ltd.		227,181		1,861,235
	Rallis India Ltd.		274,482		838,383
	Ramco Cements Ltd.		304,449		3,153,249
	Ramco Industries Ltd.		125,986		359,731
*	Ramco Systems Ltd.		9,219		36,952
	Ramkrishna Forgings Ltd.		77,240		188,837
*	Ramky Infrastructure Ltd.		19,107		52,006
*	Rane Holdings Ltd.		6,196		49,975
	Rashtriya Chemicals & Fertilizers Ltd.		598,796		778,409
	Ratnamani Metals & Tubes Ltd.		60,256		1,849,359
*	RattanIndia Power Ltd.		684,090		48,011
*	Raymond Ltd.		136,741		1,479,392
* W	RBL Bank Ltd.		1,178,715		1,829,506
	REC Ltd.		2,682,245		4,429,561
	Redington India Ltd.		2,083,421		4,136,533
	Relaxo Footwears Ltd.		150,628		2,121,389
	Reliance Industrial Infrastructure Ltd.		23,244		334,928
*	Reliance Infrastructure Ltd.		101,576		164,912
*	Reliance Power Ltd.		6,295,573		1,190,634
	Repco Home Finance Ltd.		52,378		123,506
	Rhi Magnesita India Ltd.		26,148		204,109
	Rico Auto Industries Ltd.		75,605		36,316
	RITES Ltd.		51,437		178,872
	Route Mobile Ltd.		15,083		319,025
*	RPSG Ventures Ltd.		10,147		77,881
*	RSWM Ltd.		24,818		164,044
	Rupa & Co. Ltd.		21,958		150,710
	Sagar Cements Ltd.		22,242		67,322
	Sangam India Ltd.		4,785		23,906
*	Sanghi Industries Ltd.		13,652		8,514
	Sanofi India Ltd.		31,028		2,820,729
	Sarda Energy & Minerals Ltd.		9,889		153,988
	Saregama India Ltd.		67,440		374,304
	Sasken Technologies Ltd.		14,843		159,173
	Savita Oil Technologies Ltd.		3,628		53,719
	Schaeffler India Ltd.		160,300		4,786,961
*	Schneider Electric Infrastructure Ltd.		107,552		191,300
*	SEAMEC Ltd.		886		12,392
	Sequent Scientific Ltd.		244,159		427,754
	Seshasayee Paper & Boards Ltd.		4,904		13,116
W	SH Kelkar & Co. Ltd.		34,508		69,444
	Shakti Pumps India Ltd.		1,329		9,094
*	Shankara Building Products Ltd.		6,400		63,252
	Sharda Cropchem Ltd.		84,617		687,283
*	Sheela Foam Ltd.		4,702		214,890
	Shilpa Medicare Ltd.		123,440		741,014
	Shipping Corp. of India Ltd.		469,725		814,614
*	Shoppers Stop Ltd.		107,780		698,246
*	Shree Renuka Sugars Ltd.		1,570,244		1,091,308
	Shriram City Union Finance Ltd.		64,781		1,438,736
	Shriram Transport Finance Co. Ltd.		385,851		5,985,111
*	Sintex Plastics Technology Ltd.		169,661		15,451
*	SIS Ltd.		44,922		296,106
	Siyaram Silk Mills Ltd.		12,672		107,507
	SKF India Ltd.		78,344		3,432,192
	Sobha Ltd.		141,482		1,178,454

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Solar Industries India Ltd.		107,818	$	3,845,826
	Solara Active Pharma Sciences Ltd.		13,202		110,503
	Somany Ceramics Ltd.		13,279		110,117
	Somany Home Innovation Ltd.		121,287		541,084
	Sonata Software Ltd.		202,648		1,965,103
*	South Indian Bank Ltd. (The)		3,518,032		365,611
	SP Apparels Ltd.		1,629		7,720
	SRF Ltd.		64,575		2,106,243
*	Star Cement Ltd.		48,662		58,190
*	Sterling & Wilson Renewable		46,227		226,968
	Sterlite Technologies Ltd.		525,634		1,323,726
	Strides Pharma Science Ltd.		224,506		955,215
	Subex Ltd.		429,044		196,844
	Subros Ltd.		89,803		390,252
	Sudarshan Chemical Industries		102,209		697,897
	Sumitomo Chemical India Ltd.		124,491		698,582
	Sun TV Network Ltd.		271,329		1,704,247
	Sundaram Finance Holdings Ltd.		80,225		80,067
	Sundaram Finance Ltd.		88,862		2,325,923
	Sundaram-Clayton Ltd.		8,631		427,449
	Sundram Fasteners Ltd.		321,801		3,362,410
	Sunteck Realty Ltd.		194,027		1,210,054
	Suprajit Engineering Ltd.		225,866		1,032,704
	Supreme Industries Ltd.		213,743		5,425,293
	Supreme Petrochem Ltd.		148,926		1,794,885
	Surya Roshni Ltd.		6,087		34,563
	Sutlej Textiles & Industries Ltd.		173,215		174,397
	Suven Pharmaceuticals Ltd.		698,897		5,442,686
*	Suzlon Energy Ltd.		16,098,866		2,110,953
	Swan Energy Ltd.		76,621		320,132
	Swaraj Engines Ltd.		20,114		396,899
	Symphony Ltd.		62,579		918,334
* W	Syngene International Ltd.		405,748		3,297,184
	Tamil Nadu Newsprint & Papers Ltd.		15,587		42,030
	Tamilnadu Petroproducts Ltd.		27,235		42,506
	Tanla Platforms Ltd.		78,560		1,442,468
*	TARC Ltd.		106,825		55,875
	Tasty Bite Eatables Ltd.		673		102,533
	Tata Chemicals Ltd.		390,802		4,752,773
	Tata Coffee Ltd.		50,429		144,151
	Tata Elxsi Ltd.		97,195		9,727,233
	Tata Metaliks Ltd.		56,536		580,211
	Tata Power Co. Ltd.		2,644,678		8,286,331
	Tata Steel Long Products Ltd.		42,903		398,968
	Tata Steel Ltd.		12,377		203,055
	TCI Express Ltd.		59,426		1,436,821
	TD Power Systems Ltd.		7,212		32,396
	Techno Electric & Engineering Co. Ltd.		198,034		750,464
	Texmaco Rail & Engineering Ltd.		25,607		16,879
	Thermax Ltd.		148,156		4,074,857
	Thirumalai Chemicals Ltd.		96,103		352,027
*	Thomas Cook India Ltd.		191,276		189,184
W	Thyrocare Technologies Ltd.		69,969		739,266
	Tide Water Oil Co. India Ltd.		25,459		379,873
*	Tilaknagar Industries Ltd.		37,208		32,957
	Time Technoplast Ltd.		390,193		487,929
	Timken India Ltd.		86,065		2,247,899
	Tinplate Co. of India Ltd.		109,549		581,286
*	Titagarh Wagons Ltd.		53,784		73,377

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDIA — (Continued)
	Torrent Power Ltd.		570,632	$	3,955,210
	Tourism Finance Corp. of India Ltd.		29,653		23,816
	Transport Corp. of India Ltd.		99,134		903,942
	Trident Ltd.		4,861,665		3,295,174
	Triveni Engineering & Industries Ltd.		330,865		1,377,731
	Triveni Turbine Ltd.		402,479		1,010,675
	TTK Prestige Ltd.		146,619		1,608,907
	Tube Investments of India Ltd.		425,653		10,341,778
	TV Today Network Ltd.		92,830		486,849
*	TV18 Broadcast Ltd.		1,793,511		1,255,257
	TVS Motor Co. Ltd.		359,838		3,067,989
	TVS Srichakra Ltd.		13,220		292,515
	Uflex Ltd.		110,987		957,941
	Ugar Sugar Works Ltd.		35,034		31,530
*	Ugro Capital Ltd.		13,843		30,329
*	Ujjivan Financial Services Ltd.		7,345		13,276
* W	Ujjivan Small Finance Bank Ltd.		206,412		46,777
	Unichem Laboratories Ltd.		124,053		431,086
*	Union Bank of India Ltd.		1,978,622		976,226
*	Usha Martin Ltd.		135,682		269,082
	UTI Asset Management Co. Ltd.		5,956		62,000
*	VA Tech Wabag Ltd.		94,341		356,940
	Vaibhav Global Ltd.		257,258		1,573,210
	Vakrangee Ltd.		1,058,449		478,831
* W	Valiant Organics Ltd.		2,782		32,345
	Vardhman Textiles Ltd.		488,265		2,790,110
* W	Varroc Engineering Ltd.		72,496		420,773
	Varun Beverages Ltd.		196,288		2,773,377
	Venky’s India Ltd.		19,237		533,885
	Vesuvius India Ltd.		12,863		170,147
	V-Guard Industries Ltd.		585,042		1,608,651
	Vimta Labs Ltd.		8,423		38,414
	Vinati Organics Ltd.		94,515		2,564,048
	Vindhya Telelinks Ltd.		15,562		217,461
	Visaka Industries Ltd.		6,557		48,966
*	V-Mart Retail Ltd.		6,829		288,297
*	Vodafone Idea Ltd.		26,217,746		3,233,049
	Voltamp Transformers Ltd.		2,707		66,717
	VRL Logistics Ltd.		99,437		737,497
	VST Industries Ltd.		19,201		814,243
	VST Tillers Tractors Ltd.		13,719		500,301
	Welspun Corp. Ltd.		436,397		1,157,385
	Welspun Enterprises Ltd.		250,028		287,593
	Welspun India Ltd.		1,423,088		1,536,933
	West Coast Paper Mills Ltd.		119,976		539,903
*	Westlife Development Ltd.		35,854		220,424
	Wheels India Ltd.		5,449		44,598
	Whirlpool of India Ltd.		42,418		897,694
*	Wockhardt Ltd.		145,950		520,395
*	Wonderla Holidays Ltd.		993		3,052
*	Yes Bank Ltd.		237,637		42,076
	Zee Entertainment Enterprises Ltd.		2,035,315		6,529,369
*	Zee Media Corp. Ltd.		389,565		108,470
	Zensar Technologies Ltd.		343,925		1,436,804
	Zydus Wellness Ltd.		14,573		325,543

TOTAL INDIA.					740,317,207

INDONESIA — (1.9%)
*	ABM Investama Tbk PT		124,400		23,604

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDONESIA — (Continued)
	Ace Hardware Indonesia Tbk PT		19,988,600	$	1,436,682
*	Adhi Karya Persero Tbk PT		5,778,088		286,687
*	Adi Sarana Armada Tbk PT		3,292,900		577,517
*	Agung Semesta Sejahtera Tbk PT		34,642,700		119,397
	AKR Corporindo Tbk PT		23,912,200		1,755,588
*	Alam Sutera Realty Tbk PT		38,709,100		423,811
* ††	Armidian Karyatama Tbk PT		844,800		546
	Arwana Citramulia Tbk PT		18,420,300		1,328,894
	Ashmore Asset Management Indonesia Tbk PT		88,400		9,790
	Astra Agro Lestari Tbk PT		1,661,500		1,422,517
	Astra Otoparts Tbk PT		2,355,600		186,583
*	Asuransi Maximus Graha Persada Tbk PT		8,900,400		98,958
* ††	Bakrie Telecom Tbk PT		49,756,298		32,177
	Bank BTPN Syariah Tbk PT		4,474,000		1,062,341
*	Bank Bukopin Tbk PT		59,134,082		879,478
*	Bank Capital Indonesia Tbk PT		11,386,000		135,828
*	Bank Ina Perdana PT		6,723,800		1,786,067
*	Bank Mayapada International Tbk PT		934,600		37,535
	Bank Maybank Indonesia Tbk PT		12,666,200		246,176
*	Bank MNC Internasional Tbk PT		11,518,300		120,345
*	Bank Nationalnobu Tbk PT		1,174,200		47,251
*	Bank Pan Indonesia Tbk PT		15,199,700		1,057,405
	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		8,878,812		901,139
	Bank Pembangunan Daerah Jawa Timur Tbk PT		10,808,000		593,224
	Bank Tabungan Negara Persero Tbk PT		13,171,949		1,671,556
*	Bekasi Fajar Industrial Estate Tbk PT		18,707,300		138,219
	BFI Finance Indonesia Tbk PT		21,507,200		1,897,762
*	Bintang Oto Global Tbk PT		7,756,800		725,165
	BISI International Tbk PT		8,589,500		850,681
	Blue Bird Tbk PT		567,500		53,170
*	Buana Lintas Lautan Tbk PT		16,330,200		177,237
	Bukit Asam Tbk PT		3,376,900		883,863
*	Bumi Serpong Damai Tbk PT		12,327,600		816,982
*	Bumi Teknokultura Unggul Tbk PT		65,924,600		227,373
	Buyung Poetra Sembada PT		5,653,200		59,580
*	Capital Financial Indonesia Tbk PT		4,408,200		176,134
	Catur Sentosa Adiprana Tbk PT		2,986,100		116,514
*	Centratama Telekomunikasi Indonesia Tbk PT		2,211,900		31,205
W	Cikarang Listrindo Tbk PT		2,382,600		113,525
	Ciputra Development Tbk PT		29,071,620		2,129,951
*	Citra Marga Nusaphala Persada Tbk PT		13,896,403		2,106,275
*	City Retail Developments Tbk PT		12,056,400		114,522
*	Delta Dunia Makmur Tbk PT		15,329,000		572,411
	Dharma Satya Nusantara Tbk PT		5,269,600		218,483
*	Digital Mediatama Maxima Tbk PT		126,300		16,828
*	Eagle High Plantations Tbk PT		5,680,100		30,525
	Elnusa Tbk PT		11,522,600		232,337
	Erajaya Swasembada Tbk PT		28,609,300		1,033,754
*	FKS Food Sejahtera Tbk PT		12,838,300		153,585
	Gajah Tunggal Tbk PT		4,584,000		205,444
	Garudafood Putra Putri Jaya Tbk PT		3,849,700		145,874
* ††	Hanson International Tbk PT		483,480,300		0
	Harum Energy Tbk PT		1,128,300		889,653
	Hexindo Adiperkasa Tbk PT		508,500		213,373
	Impack Pratama Industri Tbk PT		743,900		194,153
*	Indika Energy Tbk PT		6,192,500		1,135,551
	Indo Tambangraya Megah Tbk PT		1,141,500		2,212,052
	Indomobil Sukses Internasional Tbk PT		330,300		16,934
	Indosat Tbk PT		1,602,700		774,339

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDONESIA — (Continued)
	Industri Jamu Dan Farmasi Sido Muncul Tbk PT		21,707,246	$	1,406,398
* ††	Inovisi Infracom Tbk PT		1,806,467		0
	Integra Indocabinet Tbk PT		2,097,900		101,099
* ††	Inti Agri Resources Tbk PT		92,782,800		60,001
*	Intiland Development Tbk PT		27,073,032		272,967
	Jaccs Mitra Pinasthika Mustika Tbk PT		4,348,100		407,923
	Japfa Comfeed Indonesia Tbk PT		12,604,800		1,258,730
*	Jasa Marga Persero Tbk PT		5,026,900		1,394,564
	Jaya Real Property Tbk PT		10,463,000		355,225
*	Kapuas Prima Coal Tbk PT		37,878,000		224,341
*	Kawasan Industri Jababeka Tbk PT		108,474,057		1,268,761
*	KMI Wire & Cable Tbk PT		5,778,100		112,226
*	Krakatau Steel Persero Tbk PT		14,100,302		368,178
*	Kresna Graha Investama Tbk PT		49,789,500		170,891
	Link Net Tbk PT		3,062,000		970,481
	Lippo Cikarang Tbk PT		580,675		46,763
*	Lippo Karawaci Tbk PT		140,163,840		1,196,933
*	M Cash Integrasi PT		147,900		134,260
*	Mahkota Group Tbk PT		374,000		23,064
*	Malindo Feedmill Tbk PT		3,423,300		150,711
*	Map Aktif Adiperkasa PT		632,600		134,064
	Matahari Department Store Tbk PT		1,546,000		618,678
*	Matahari Putra Prima Tbk PT		5,123,300		112,566
*	Medco Energi Internasional Tbk PT		22,281,007		845,164
	Media Nusantara Citra Tbk PT		17,933,800		1,242,190
	Medikaloka Hermina Tbk PT		3,443,500		333,507
*	Mega Manunggal Property Tbk PT		6,805,300		273,861
*	Metro Healthcare Indonesia Tbk PT		11,631,800		416,807
	Metrodata Electronics Tbk PT		15,657,100		771,217
	Metropolitan Kentjana Tbk PT		7,900		12,370
*	Mitra Adiperkasa Tbk PT		27,990,200		1,742,124
	Mitra Keluarga Karyasehat Tbk PT		1,026,200		179,401
*	MNC Kapital Indonesia Tbk PT		3,756,600		54,679
*	MNC Land Tbk PT		29,086,600		176,678
*	MNC Vision Networks Tbk PT		19,598,900		137,235
*	Multipolar Tbk PT		11,283,200		153,852
*	NFC Indonesia Tbk PT		94,100		34,043
	Nippon Indosari Corpindo Tbk PT		13,183,989		1,169,326
	Pabrik Kertas Tjiwi Kimia Tbk PT		3,140,900		1,431,744
*	Pacific Strategic Financial Tbk PT		20,982,800		1,584,691
*	Pakuwon Jati Tbk PT		32,672,800		1,260,297
*	Panin Financial Tbk PT		57,170,800		929,186
*	Paninvest Tbk PT		5,369,000		266,470
*	Pelayaran Tamarin Samudra Tbk PT		19,571,300		67,501
*	Perusahaan Gas Negara Tbk PT		28,239,700		2,811,304
	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		10,387,500		985,842
*	Pollux Properti Indonesia Tbk PT		2,108,200		66,269
* ††	Pool Advista Indonesia Tbk PT		10,473,500		6,773
*	PP Persero Tbk PT		10,341,214		663,723
	Puradelta Lestari Tbk PT		33,039,000		396,399
*	Ramayana Lestari Sentosa Tbk PT		8,938,400		412,949
* ††	Rimo International Lestari Tbk PT		211,251,900		136,614
	Salim Ivomas Pratama Tbk PT		13,229,900		459,452
	Samindo Resources Tbk PT		106,600		13,236
*	Sampoerna Agro Tbk PT		3,879,900		594,451
	Samudera Indonesia Tbk PT		1,088,200		150,576
	Sariguna Primatirta Tbk PT		5,523,300		169,187
	Sawit Sumbermas Sarana Tbk PT		12,640,300		924,344
* ††	Sekawan Intipratama Tbk PT		9,367,900		0

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
INDONESIA — (Continued)
	Selamat Sempurna Tbk PT		13,150,400	$	1,417,360
*	Semen Baturaja Persero Tbk PT		6,838,100		240,570
	Siloam International Hospitals Tbk PT		11,461,200		821,897
	Sinar Mas Agro Resources & Technology Tbk PT		1,020,560		323,301
* ††	Sri Rejeki Isman Tbk PT		35,353,931		66,760
	Steel Pipe Industry of Indonesia PT		2,787,400		61,942
* ††	Sugih Energy Tbk PT		100,457,800		64,965
*	Summarecon Agung Tbk PT		33,671,146		1,648,847
* ††	Surabaya Agung Industri Pulp & Kertas		64,500		0
*	Surya Citra Media Tbk PT		60,652,000		1,063,677
*	Surya Esa Perkasa Tbk PT		16,908,600		1,442,903
	Surya Pertiwi Tbk PT		1,435,000		60,491
*	Surya Semesta Internusa Tbk PT		17,291,000		449,590
* ††	Suryainti Permata Tbk PT		7,252,000		0
	Tempo Scan Pacific Tbk PT		1,861,700		188,689
*	Timah Tbk PT		8,497,914		1,084,680
* ††	Trada Alam Minera Tbk PT		180,020,800		116,417
	Trias Sentosa Tbk PT		32,818,400		1,672,375
	Tunas Baru Lampung Tbk PT		11,437,500		626,026
	Tunas Ridean Tbk PT		6,459,700		617,830
	Ultrajaya Milk Industry & Trading Co. Tbk PT		15,164,100		1,625,750
	Unggul Indah Cahaya Tbk PT		48,239		42,112
*	Waskita Beton Precast Tbk PT		28,238,300		185,048
*	Waskita Karya Persero Tbk PT		38,808,566		1,418,642
	Wijaya Karya Bangunan Gedung Tbk PT		8,674,400		109,104
	Wijaya Karya Beton Tbk PT		11,080,900		161,905
*	Wijaya Karya Persero Tbk PT		10,878,007		710,787
	XL Axiata Tbk PT		7,738,800		1,703,445

TOTAL INDONESIA					84,491,949

MALAYSIA — (1.5%)
#	7-Eleven Malaysia Holdings Bhd, Class B		2,072,285		694,817
	Able Global Bhd		232,200		77,673
	Aeon Co. M Bhd		1,014,100		379,197
	AEON Credit Service M Bhd		307,800		1,123,308
#	AFFIN Bank Bhd		1,239,491		595,198
	Ajinomoto Malaysia Bhd		67,800		222,773
	Alliance Bank Malaysia Bhd		2,612,600		2,261,025
	Allianz Malaysia Bhd		134,100		391,979
	AME Elite Consortium Bhd		83,800		32,797
*	Ancom Nylex Bhd		84,100		65,623
#	Ann Joo Resources Bhd		353,150		138,538
	Astro Malaysia Holdings Bhd		1,419,000		325,696
	ATA IMS Bhd		16,800		1,570
# *	Berjaya Assets Bhd		1,888,400		123,930
*	Berjaya Corp. Bhd		6,779,128		394,142
	Berjaya Food Bhd		56,300		50,189
# *	Berjaya Land Bhd		3,276,600		157,354
#	Berjaya Sports Toto Bhd		2,330,629		1,030,392
# *	Bermaz Auto Bhd		454,600		184,507
	Beshom Holdings Bhd		642,197		235,856
	Bintulu Port Holdings Bhd		25,900		30,636
*	Boustead Holdings Bhd		1,195,028		212,443
	Boustead Plantations Bhd		622,199		165,679
#	British American Tobacco Malaysia Bhd		354,700		1,049,108
*	Bumi Armada Bhd		4,938,200		483,259
#	Bursa Malaysia Bhd		1,083,100		1,736,345
#	Cahya Mata Sarawak Bhd		1,296,800		316,864
#	Carlsberg Brewery Malaysia Bhd, Class B		752,900		3,820,593

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
* ††	Carotech Bhd		230,650	$	0
	CB Industrial Product Holding Bhd		867,240		322,883
	Comfort Glove Bhd		61,900		10,300
#	CSC Steel Holdings Bhd		353,800		140,374
# *	Cypark Resources Bhd		673,850		122,625
	D&O Green Technologies Bhd		241,200		212,611
#	Dayang Enterprise Holdings Bhd		1,165,375		231,233
	DRB-Hicom Bhd		2,600,800		826,888
#	Dufu Technology Corp. Bhd		339,900		193,140
#	Duopharma Biotech Bhd		1,044,738		383,749
	Dutch Lady Milk Industries Bhd		79,100		617,960
	Eco World Development Group Bhd		2,197,100		481,500
#	Eco World International Bhd		872,100		85,576
*	Ecofirst Consolidated Bhd		260,100		23,524
*	Econpile Holdings Bhd		629,900		40,986
# *	Ekovest BHD		3,517,050		374,285
	FAR East Holdings Bhd		258,300		211,437
#	Formosa Prosonic Industries Bhd		173,000		127,890
#	Frontken Corp. Bhd		1,687,450		1,051,750
	Gadang Holdings Bhd		1,444,200		136,916
#	Gas Malaysia Bhd		531,500		335,267
	George Kent Malaysia Bhd		963,000		132,806
	Globetronics Technology Bhd		1,161,072		360,308
* ††	Golden Plus Holding Bhd		216,000		0
#	Guan Chong Bhd		979,000		592,177
	HAP Seng Consolidated Bhd		354,840		608,806
	Hap Seng Plantations Holdings Bhd		65,300		49,017
	Heineken Malaysia Bhd		126,400		686,538
#	Hengyuan Refining Co. Bhd		340,700		452,884
	HeveaBoard Bhd		526,300		69,273
	Hextar Global Bhd		102,700		42,925
#	Hiap Teck Venture Bhd.		2,678,300		265,335
#	Hibiscus Petroleum Bhd		3,450,800		997,114
#	Hong Leong Capital Bhd		33,800		47,659
	Hong Leong Industries Bhd		345,300		715,342
*	HSS Engineers Bhd		142,700		15,715
	Hup Seng Industries Bhd		921,033		178,974
	IGB Bhd		666,254		361,820
	IJM Corp. Bhd		712,500		299,945
	Insas Bhd		1,160,881		215,483
# *	Iskandar Waterfront City Bhd		1,196,100		95,263
# *	JAKS Resources Bhd		3,926,680		295,774
# *	Jaya Tiasa Holdings Bhd		1,563,227		415,053
#	JHM Consolidation Bhd		860,400		239,468
	Keck Seng Malaysia Bhd		285,550		257,867
#	Kelington Group Bhd		450,300		130,314
	Kenanga Investment Bank Bhd		218,300		55,967
#	Kerjaya Prospek Group Bhd		728,690		195,301
#	Kim Loong Resources Bhd		838,580		401,471
# *	KNM Group Bhd		6,478,580		229,421
#	Kobay Technology BHD		149,100		120,252
	KPJ Healthcare Bhd		5,193,300		1,129,124
#	Kretam Holdings Bhd		1,548,200		246,612
*	Kronologi Asia Bhd		791,100		93,546
# *	KSL Holdings Bhd		790,818		145,357
	Kumpulan Fima BHD		168,550		94,313
	Land & General Bhd		5,669,760		142,199
#	LBS Bina Group Bhd		2,657,916		291,597
#	Leong Hup International Bhd		525,600		62,951

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
#	Lii Hen Industries Bhd		317,000	$	225,122
#	Lingkaran Trans Kota Holdings Bhd		636,300		677,074
# W	Lotte Chemical Titan Holding Bhd		837,097		420,084
#	LPI Capital Bhd		363,524		1,151,869
	Luxchem Corp. Bhd		56,200		8,705
	Magni-Tech Industries Bhd		612,433		274,894
#	Magnum Bhd		3,266,863		1,354,821
#	Mah Sing Group Bhd		3,290,287		516,313
#	Malakoff Corp. Bhd		4,685,100		712,626
#	Malayan Flour Mills Bhd		1,649,075		244,829
#	Malaysia Building Society Bhd		5,406,590		790,762
#	Malaysia Smelting Corp. Bhd		128,600		136,314
*	Malaysian Bulk Carriers Bhd		117,000		14,552
#	Malaysian Resources Corp. Bhd		5,963,166		523,779
	Matrix Concepts Holdings Bhd		2,165,958		1,143,852
	MBM Resources BHD		483,896		363,626
	Media Chinese International Ltd.		1,200,400		46,695
	Mega First Corp. Bhd		1,538,100		1,341,160
#	MKH Bhd		1,437,434		451,644
	MNRB Holdings Bhd		1,170,188		287,510
# *	MPHB Capital Bhd		1,201,700		372,695
#	Muda Holdings Bhd		348,000		188,927
*	Muhibbah Engineering M Bhd		1,598,925		186,717
*	Mulpha International Bhd		438,330		236,116
	Nylex Malaysia Bhd		4,205		341
#	OCK Group Bhd		1,469,000		141,318
	Oriental Holdings BHD		679,900		1,107,029
#	OSK Holdings Bhd		5,459,555		1,163,951
	PA Resources Bhd		270,100		22,854
	Padini Holdings Bhd		1,331,800		1,048,677
	Panasonic Manufacturing Malaysia Bhd		25,084		164,438
	Pantech Group Holdings Bhd		922,019		158,488
#	Paramount Corp. Bhd		1,104,355		186,806
	Pentamaster Corp. Bhd		18,265		14,162
	Perak Transit Bhd		245,800		36,225
#	PESTECH International Bhd		237,500		30,644
#	Petron Malaysia Refining & Marketing Bhd		256,100		322,872
#	Pharmaniaga Bhd		316,200		52,974
#	PIE Industrial Bhd		23,400		15,320
# *	Pos Malaysia Bhd		198,000		28,209
#	Power Root Bhd		150,600		53,620
# *	Ranhill Utilities Bhd		1,759,839		207,892
	RCE Capital Bhd		215,610		88,791
*	Revenue Group Bhd		294,700		81,782
*	Rimbunan Sawit Bhd		1,951,000		120,480
# *	Rubberex Corp. M Bhd		256,800		44,519
	Sam Engineering & Equipment M Bhd		325,600		309,415
# *	Sapura Energy Bhd		28,801,300		227,202
#	Sarawak Oil Palms Bhd		553,504		879,759
	Scientex Bhd		1,378,272		1,204,647
#	SEG International BHD		145,885		21,086
# ††	Serba Dinamik Holdings Bhd		3,027,000		182,517
*	Shangri-La Hotels Malaysia Bhd		226,900		168,425
#	Sime Darby Property Bhd		5,244,100		709,480
#	SKP Resources Bhd		2,128,124		726,834
	SP Setia Bhd Group		3,125,400		836,751
††	Sumatec Resources Bhd		6,536,100		1,351
#	Sunway Construction Group Bhd		319,336		124,354
	Suria Capital Holdings Bhd		269,560		71,089

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
MALAYSIA — (Continued)
#	Syarikat Takaful Malaysia Keluarga Bhd		731,957	$	596,035
#	Ta Ann Holdings Bhd		428,989		606,857
#	Taliworks Corp. Bhd		1,856,516		389,671
	Tan Chong Motor Holdings Bhd		211,500		55,883
#	TASCO Bhd		132,600		33,887
#	Thong Guan Industries Bhd		490,000		279,715
	TMC Life Sciences Bhd		948,400		119,490
# *	Tropicana Corp. Bhd		2,587,990		579,857
#	TSH Resources Bhd		1,381,600		548,292
*	Tune Protect Group Bhd		650,600		63,031
#	Uchi Technologies Bhd		887,200		617,434
#	UEM Edgenta Bhd		941,100		342,948
# *	UEM Sunrise Bhd		4,464,100		346,036
#	UMW Holdings Bhd		1,084,500		826,485
	United Malacca Bhd		442,250		577,858
	United Plantations Bhd		71,300		256,900
#	UOA Development Bhd		4,158,300		1,716,500
#	UWC BHD		62,100		44,934
# *	Velesto Energy Bhd		14,366,808		391,232
#	VS Industry Bhd		1,533,300		348,228
*	Wah Seong Corp. Bhd		1		0
# *	WCT Holdings Bhd		2,279,393		283,690
#	Wellcall Holdings Bhd		1,183,600		343,705
	Yinson Holdings Bhd		1,456,400		816,598
# *	YNH Property Bhd		2,935,116		1,945,308
	YTL Power International Bhd		1,317,143		233,897

TOTAL MALAYSIA					67,555,815

MEXICO — (2.6%)
# *	ALEATICA SAB de CV		228,600		203,658
	Alfa SAB de CV, Class A		858,225		577,856
	Alpek SAB de CV		1,157,047		1,559,248
*	Alsea SAB de CV		1,314,907		2,875,121
# *	Axtel SAB de CV		6,265,656		669,352
# W	Banco del Bajio SA		2,633,012		6,477,211
	Bolsa Mexicana de Valores SAB de CV		1,264,891		2,532,075
	Consorcio ARA SAB de CV		5,607,313		1,099,123
# *	Controladora Vuela Cia de Aviacion SAB de CV, Class A		1,983,160		3,172,045
#	Corp Actinver SAB de CV		198,770		116,691
*	Corp Interamericana de Entretenimiento SAB de CV, Class B		960,372		423,559
#	Corp. Inmobiliaria Vesta SAB de CV		1,611,339		2,980,028
	Corp. Moctezuma SAB de CV		838,557		2,609,383
	Corporativo Fragua SAB de CV		3		47
# *	Corpovael SA de CV		73,341		7,296
	Cydsa SAB de CV		10,875		7,194
# * ††	Empresas ICA SAB de CV		3,768,186		17,727
*	Financiera Independencia SAB de CV SOFOM ENR		3,187		1,249
	GCC SAB de CV		574,670		3,830,758
#	Genomma Lab Internacional SAB de CV, Class B		2,315,927		2,449,107
*	Gentera SAB de CV		2,961,574		2,310,453
#	Gruma SAB de CV, Class B		32,783		390,443
#	Grupo Aeroportuario del Centro Norte SAB de CV		579,894		4,041,483
	Grupo Comercial Chedraui SA de CV		1,796,922		4,527,858
#	Grupo Herdez SAB de CV		1,437,104		2,148,631
*	Grupo Hotelero Santa Fe SAB de CV		618,935		136,486
#	Grupo Industrial Saltillo SAB de CV		1,080,258		1,217,550
	Grupo KUO SAB de CV, Class B		714,554		1,522,846
*	Grupo Pochteca SAB de CV		336,841		117,197
*	Grupo Posadas SAB de CV		192,833		266,478

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
MEXICO — (Continued)
#	Grupo Rotoplas SAB de CV		790,679	$	941,926
*	Grupo Sanborns SAB de CV		905,924		883,438
*	Grupo Simec SAB de CV, Class B		959,651		9,499,400
# * W	Grupo Traxion SAB de CV		317,143		492,037
# *	Hoteles City Express SAB de CV		1,160,092		284,246
	Industrias Bachoco SAB de CV, Class B		1,126,567		4,278,487
*	Industrias CH SAB de CV, Class B		1,828,929		18,821,213
	Industrias Penoles SAB de CV		8,166		89,849
#	La Comer SAB de CV		3,018,894		5,612,763
	Megacable Holdings SAB de CV		2,065,468		5,870,539
# *	Minera Frisco SAB de CV, Class A1		5,327,018		942,373
* W	Nemak SAB de CV		2,609,193		561,309
#	Operadora de Sites Mexicanos SA de CV		4,909,575		6,017,125
	Orbia Advance Corp. SAB de CV		197,336		474,423
# *	Organizacion Cultiba SAB de CV		1,103,096		501,100
	Organizacion Soriana SAB de CV, Class B		348,965		406,141
	Promotora y Operadora de Infraestructura SAB de CV		557,765		4,085,967
	Promotora y Operadora de Infraestructura SAB de CV, Class L		7,839		35,721
#	Qualitas Controladora SAB de CV		347,921		1,875,447
* ††	Rassini SAB de CV		3,300		0
	Regional SAB de CV		520,708		3,142,901
* ††	Sanluis Corp. SA		4,642		0
* ††	Sanluis Corp. SA		4,642		0
# *	Unifin Financiera SAB de CV		959,803		818,395
*	Vista Energy SAB de CV, ADR		2,874		24,314
	Vitro SAB de CV, Class A		704,098		886,398

TOTAL MEXICO					114,833,665

PHILIPPINES — (1.0%)
	8990 Holdings, Inc.		3,671,200		968,437
	A Soriano Corp.		2,931,411		515,131
††	ACR Mining Corp.		48,205		3,099
*	AgriNurture, Inc.		811,500		71,326
	AllHome Corp.		193,200		29,154
	Alliance Global Group, Inc.		7,091,400		1,599,431
	Alsons Consolidated Resources, Inc.		2,780,000		52,889
*	Apex Mining Co., Inc.		5,852,000		170,200
*	Apollo Global Capital, Inc.		36,250,000		29,840
*	AyalaLand Logistics Holdings Corp.		4,021,100		343,556
*	Belle Corp.		13,307,400		320,966
*	Bloomberry Resorts Corp.		9,045,400		1,043,127
*	Cebu Air, Inc.		642,120		539,649
*	Cebu Holdings, Inc.		3,180,400		370,981
* W	CEMEX Holdings Philippines, Inc.		10,073,263		154,112
	Century Pacific Food, Inc.		2,790,500		1,199,124
	Century Properties Group, Inc.		9,871,151		75,624
	China Banking Corp.		6,526,914		3,341,481
	COL Financial Group, Inc.		922,000		64,629
	Cosco Capital, Inc.		11,229,900		1,052,634
	D&L Industries, Inc.		6,538,700		890,549
*	DITO CME Holdings Corp.		2,453,100		225,376
	DMCI Holdings, Inc.		8,123,200		1,287,722
	DoubleDragon Corp.		2,132,190		338,747
	Eagle Cement Corp.		574,500		137,453
*	East West Banking Corp.		1,996,300		308,355
*	EEI Corp.		828,800		69,207
	Filinvest Development Corp.		3,356,422		452,746
	Filinvest Land, Inc.		53,722,577		1,079,323
	First Gen Corp.		235,300		104,756

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
PHILIPPINES — (Continued)
	First Philippine Holdings Corp.		1,712,200	$	2,295,403
	Global Ferronickel Holdings, Inc.		4,072,911		203,493
*	Global-Estate Resorts, Inc.		2,410,000		40,450
	GT Capital Holdings, Inc.		152,490		1,463,674
	Holcim Philippines, Inc.		2,182,300		229,786
*	Integrated Micro-Electronics, Inc.		2,685,414		360,024
	LT Group, Inc.		2,600,500		423,236
*	MacroAsia Corp.		1,945,032		192,493
	Manila Water Co., Inc.		7,255,700		2,551,809
*	Max’s Group, Inc.		832,200		95,390
*	Megawide Construction Corp.		2,375,208		226,524
	Megaworld Corp.		16,578,000		898,543
	Metro Pacific Investments Corp.		13,174,000		952,814
	Nickel Asia Corp.		10,067,100		1,474,905
*	Petron Corp.		9,686,800		592,380
*	Philcomsat Holdings Corp.		316,021		1,929
	Philex Mining Corp.		4,552,300		431,362
*	Philippine National Bank		1,895,726		688,558
* ††	Philippine National Construction Corp.		173,000		3,045
	Philippine Savings Bank		474,907		518,650
*	Philippine Seven Corp.		10,510		12,912
	Philippine Stock Exchange, Inc.		74,482		300,814
* ††	Philippine Townships, Inc.		318,732		0
* ††	Philtown Properties, Inc.		111,562		0
*	Phoenix Petroleum Philippines, Inc.		929,580		182,046
*	Pilipinas Shell Petroleum Corp.		1,429,790		472,306
	Premium Leisure Corp.		16,097,000		148,801
	Puregold Price Club, Inc.		2,042,690		1,287,026
*	PXP Energy Corp.		2,777,800		246,777
	RFM Corp.		7,485,068		603,229
	Rizal Commercial Banking Corp.		2,651,952		1,011,870
	Robinsons Land Corp.		8,402,151		3,051,933
	Robinsons Retail Holdings, Inc.		1,008,440		1,031,676
	Security Bank Corp.		494,790		973,321
	Semirara Mining & Power Corp.		431,200		226,310
	Shakey’s Pizza Asia Ventures, Inc.		274,900		41,055
*	Top Frontier Investment Holdings, Inc.		2,580		5,727
	Union Bank of the Philippines		1,513,378		2,112,288
	Vista Land & Lifescapes, Inc.		30,112,200		1,478,071
	Vistamalls, Inc.		589,600		37,105
	Wilcon Depot, Inc.		3,091,700		1,655,762

TOTAL PHILIPPINES					45,363,121

POLAND — (1.0%)
*	11 bit studios SA		4,289		512,503
	AB SA		2,202		22,927
*	Agora SA		118,444		151,404
*	Alior Bank SA		262,169		2,140,304
	Alumetal SA		7,000		110,502
#	Amica SA		13,895		288,000
# *	AmRest Holdings SE		43,597		171,589
	Apator SA		59,870		235,652
	ASBISc Enterprises PLC		51,262		141,737
	Asseco Poland SA		58,363		1,025,573
	Astarta Holding NV		2,610		14,048
	Auto Partner SA		6,243		20,388
	Bank Handlowy w Warszawie SA		37,957		511,391
*	Bank Millennium SA		740,670		839,083
# *	Bank Ochrony Srodowiska SA		63,177		122,065

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
POLAND — (Continued)
# *	Benefit Systems SA		1,057	$	140,967
# *	Bioton SA		111,045		101,814
*	Boryszew SA		130,974		119,943
	Budimex SA		56,826		2,615,276
# *	CCC SA		83,059		971,325
	Celon Pharma SA		11,092		55,210
# *	CI Games SA		240,060		80,847
	Ciech SA		76,136		678,776
	Cognor Holding SA		23,094		30,952
	ComArch SA		12,137		470,083
	Develia SA		1,491,512		1,187,468
	Dom Development SA		14,033		300,620
#	Echo Investment SA		22,550		17,355
*	Enea SA		753,248		1,626,938
#	Eurocash SA		226,225		606,248
	Fabryki Mebli Forte SA		74,704		642,121
# *	Famur SA		821,611		527,449
	Firma Oponiarska Debica SA		4,682		72,181
*	Globe Trade Centre SA		449,774		614,975
*	Grupa Azoty SA		123,276		1,111,577
#	Grupa Kety SA		55,668		8,058,846
	Inter Cars SA		36,447		3,360,145
# *	Jastrzebska Spolka Weglowa SA		177,272		2,685,342
	Kernel Holding SA		168,697		1,000,684
	KRUK SA		68,612		3,956,012
	Lentex SA		68,743		121,423
#	LiveChat Software SA		20,887		446,039
# *	Lubelski Wegiel Bogdanka SA		33,467		401,202
	Mirbud SA		32,611		24,901
	Mo-BRUK SA		265		22,802
	Neuca SA		1,203		204,119
	NEWAG SA		522		2,331
*	Orange Polska SA		94,496		144,437
# *	PKP Cargo SA		82,027		214,809
	PlayWay SA		3,542		201,741
*	Polimex-Mostostal SA		48,575		38,535
	Stalexport Autostrady SA		350,306		247,739
*	Tauron Polska Energia SA		2,710,469		2,038,300
	Tim SA		14,056		115,785
# *	VRG SA		873,743		742,197
	Warsaw Stock Exchange		48,075		420,749
#	Wawel SA		1,943		197,732
	Wirtualna Polska Holding SA		2,914		65,801
# W	X-Trade Brokers Dom Maklerski SA		26,388		122,332
*	Zespol Elektrocieplowni Wroclawskich Kogeneracja SA		672		3,779
# *	Zespol Elektrowni Patnow Adamow Konin SA		91,906		348,454

TOTAL POLAND					43,465,527

QATAR — (0.7%)
	Aamal Co.		5,648,983		1,823,186
	Al Khaleej Takaful Group QSC		475,885		479,427
	Al Meera Consumer Goods Co. QSC		228,559		1,193,695
*	Alijarah Holding Co. QPSC		991,777		243,506
	Baladna		2,167,961		870,084
	Barwa Real Estate Co.		3,584,450		3,331,199
*	Dlala Brokerage & Investments Holding Co. QSC		150,034		69,779
	Doha Bank QPSC		3,242,151		2,317,005
	Doha Insurance Co. QSC		74,785		39,898
*	Gulf International Services QSC		2,747,104		1,464,461

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
QATAR — (Continued)
	Gulf Warehousing Co.		763,972	$	887,804
*	Investment Holding Group		1,299,783		820,144
	Mannai Corp. QSC		132,283		318,289
*	Mazaya Real Estate Development QPSC		2,372,509		579,890
	Medicare Group		504,405		955,732
	Qatar Aluminum Manufacturing Co.		1,595,294		1,048,680
*	Qatar First Bank		3,472,009		1,495,427
	Qatar Insurance Co. SAQ		2,793,061		1,880,413
	Qatar International Islamic Bank QSC		408,304		1,291,978
	Qatar Islamic Insurance Group		79		186
	Qatar National Cement Co. QSC		513,414		716,317
	Qatar Navigation QSC		736,791		1,719,199
*	Salam International Investment Ltd. QSC		2,883,225		797,258
	United Development Co. QSC		5,450,972		2,167,893
	Vodafone Qatar QSC		5,165,248		2,340,292
*	Widam Food Co.		312,449		265,396
	Zad Holding Co.		7,452		37,389

TOTAL QATAR					29,154,527

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		120,928		0
* ††	PhosAgro PJSC		779		0
* ††	QIWI PLC, Sponsored ADR		53,194		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 — (2.9%)
*	Abdul Mohsen Al-Hokair Tourism and Development Co.		36,495		149,132
	Abdullah Al Othaim Markets Co.		40,388		1,199,464
	Abdullah Saad Mohammed Abo Moati Stationaries Co.		29,214		283,577
*	Al Alamiya for Cooperative Insurance Co.		69,625		400,709
*	Al Babtain Power & Telecommunication Co.		82,682		636,991
*	Al Etihad Cooperative Insurance Co.		84,061		455,494
*	Al Gassim Investment Holding Co.		25,246		143,565
	Al Hammadi Co. for Development & Investment		196,687		2,546,356
*	Al Hassan Ghazi Ibrahim Shaker Co.		122,181		616,927
*	Al Jouf Agricultural Development Co.		24,085		333,436
*	Al Jouf Cement Co.		265,017		693,636
*	Al Kathiri Holding Co.		13,433		228,157
	Al Khaleej Training & Education Co.		153,070		729,119
	Al Moammar Information Systems Co.		57,675		2,021,553
*	Al Rajhi Co. for Co-operative Insurance		73,066		1,537,906
*	Al Sagr Cooperative Insurance Co.		64,275		193,926
	Al Yamamah Steel Industries Co.		94,287		990,647
*	AlAbdullatif Industrial Investment Co.		86,188		513,659
	Alandalus Property Co.		194,116		924,810
	Alaseel Co.		33,593		388,772
	Aldrees Petroleum & Transport Services Co.		138,947		2,902,584
*	AlJazira Takaful Ta’awuni Co.		80,529		404,600
*	Allianz Saudi Fransi Cooperative Insurance Co.		125,384		705,405
	Alujain Holding		82,243		1,663,343
	Arabian Cement Co.		194,933		2,174,262

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SAUDI ARABIA — (Continued)
	Arabian Centres Co. Ltd.		131,681	$	772,633
*	Arabian Shield Cooperative Insurance Co.		160,664		832,043
	Arriyadh Development Co.		344,326		2,785,170
*	Aseer Trading Tourism & Manufacturing Co.		230,902		1,128,602
	Astra Industrial Group		142,488		1,868,486
	Ataa Educational Co.		8,277		129,196
*	AXA Cooperative Insurance Co.		77,691		714,417
	Baazeem Trading Co.		14,225		367,870
*	Basic Chemical Industries Ltd.		48,411		558,014
*	Batic Investments & Logistic Co.		109,054		692,757
	Bawan Co.		95,676		917,403
*	Buruj Cooperative Insurance Co.		31,289		214,133
*	Chubb Arabia Cooperative Insurance Co.		42,357		315,053
	City Cement Co.		285,618		2,125,342
	Co. for Cooperative Insurance		168,661		3,069,834
	Dallah Healthcare Co.		122,058		3,875,572
*	Dar Al Arkan Real Estate Development Co.		1,861,675		5,329,243
*	Dur Hospitality Co.		167,090		1,153,897
	Eastern Province Cement Co.		112,249		1,442,425
	Electrical Industries Co.		65,904		481,998
*	Emaar Economic City		919,592		2,666,609
*	Fawaz Abdulaziz Al Hokair & Co.		150,545		539,736
	Fitaihi Holding Group		64,761		659,023
*	Gulf Union Cooperative Insurance Co.		21,772		68,691
	Hail Cement Co.		213,122		811,638
	Halwani Brothers Co.		59,971		1,327,380
	Herfy Food Services Co.		59,509		883,538
*	Jazan Energy & Development Co.		103,412		494,673
*	L’Azurde Co. for Jewelry		71,038		334,704
	Leejam Sports Co. JSC		77,737		2,282,162
	Maharah Human Resources Co.		76,639		1,660,235
*	Malath Cooperative Insurance Co.		66,752		369,031
*	Mediterranean & Gulf Insurance & Reinsurance Co.		169,986		682,356
*	Methanol Chemicals Co.		143,856		1,844,430
*	Middle East Healthcare Co.		160,943		1,532,682
*	Middle East Paper Co.		102,619		1,706,803
*	Middle East Specialized Cables Co.		32,002		135,689
	Najran Cement Co.		338,041		1,642,552
*	Nama Chemicals Co.		49,638		543,671
*	National Agriculture Development Co.		188,875		1,601,455
	National Co. for Glass Industries		63,808		664,334
	National Co. for Learning & Education		19,550		280,053
	National Gas & Industrialization Co.		143,433		1,853,713
	National Gypsum		72,815		770,891
	National Medical Care Co.		87,941		1,832,081
	Northern Region Cement Co.		394,791		1,418,348
	Qassim Cement Co.		124,926		2,673,662
*	Salama Cooperative Insurance Co.		57,481		201,288
*	Saudi Arabian Cooperative Insurance Co.		42,985		248,692
	Saudi Automotive Services Co.		121,860		1,220,400
	Saudi Cement Co.		251,348		3,853,449
	Saudi Ceramic Co.		159,033		2,166,374
	Saudi Chemical Co. Holding		174,392		1,595,797
*	Saudi Co. For Hardware CJSC		74,874		823,492
*	Saudi Ground Services Co.		295,064		2,688,943
	Saudi Industrial Services Co.		145,826		1,082,533
*	Saudi Marketing Co.		88,696		629,016
*	Saudi Paper Manufacturing Co.		18,938		230,686
	Saudi Pharmaceutical Industries & Medical Appliances Corp.		113,005		1,076,514

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SAUDI ARABIA — (Continued)
*	Saudi Printing & Packaging Co.		91,993	$	484,272
*	Saudi Public Transport Co.		262,610		1,491,616
*	Saudi Re for Cooperative Reinsurance Co.		187,458		762,939
*	Saudi Real Estate Co.		382,863		2,248,543
*	Saudi Research & Media Group		39,329		2,746,632
*	Saudi Steel Pipe Co.		42,075		271,333
	Saudia Dairy & Foodstuff Co.		42,971		2,009,531
*	Seera Group Holding		594,459		3,452,586
	Southern Province Cement Co.		76,607		1,356,740
	Tabuk Cement Co.		192,088		907,233
*	Takween Advanced Industries Co.		131,028		523,119
	Umm Al-Qura Cement Co.		119,843		818,695
	United Electronics Co.		112,361		3,861,919
	United International Transportation Co.		124,963		1,633,934
	United Wire Factories Co.		68,625		554,744
*	Walaa Cooperative Insurance Co.		88,369		386,548
*	Yamama Cement Co.		377,433		3,499,752
	Yanbu Cement Co.		281,306		3,151,273
	Zahrat Al Waha For Trading Co.		30,556		728,261
*	Zamil Industrial Investment Co.		132,934		808,946

TOTAL SAUDI ARABIA					130,408,058

SOUTH AFRICA — (4.0%)
	Adcock Ingram Holdings Ltd.		158,484		537,009
	Advtech Ltd.		2,611,133		2,944,834
	AECI Ltd.		505,443		3,261,168
	African Rainbow Minerals Ltd.		323,175		5,347,144
	Afrimat Ltd.		162,854		670,318
	Alexander Forbes Group Holdings Ltd.		3,744,464		1,108,499
	Altron Ltd., Class A		940,823		513,688
	Alviva Holdings Ltd.		411,231		521,165
	Astral Foods Ltd.		141,045		1,358,143
*	Aveng Ltd.		10,798		9,998
	AVI Ltd.		1,073,577		4,657,447
	Barloworld Ltd.		836,512		6,039,924
*	Blue Label Telecoms Ltd.		1,621,073		575,677
# *	Brait PLC		3,644,346		978,613
	Cashbuild Ltd.		69,167		1,237,886
	Caxton & CTP Publishers & Printers Ltd.		323,754		209,815
*	City Lodge Hotels Ltd.		1,183,037		336,419
	Coronation Fund Managers Ltd.		711,383		1,873,699
#	Curro Holdings Ltd.		631,789		418,810
#	DataTec Ltd.		1,969,202		4,886,797
# W	Dis-Chem Pharmacies Ltd.		989,847		2,413,776
*	Distell Group Holdings Ltd.		227,535		2,492,948
	DRDGOLD Ltd.		1,386,609		1,129,523
*	EOH Holdings Ltd.		21,271		7,338
	Exxaro Resources Ltd.		126,803		1,812,037
*	Famous Brands Ltd.		323,118		1,305,238
	Foschini Group Ltd.		934,267		8,185,367
	Grand Parade Investments Ltd.		1,258,031		213,925
	Grindrod Ltd.		2,091,177		904,750
	Grindrod Shipping Holdings Ltd.		38,439		974,198
#	Harmony Gold Mining Co. Ltd., Sponsored ADR		1,627,447		6,656,258
	Hudaco Industries Ltd.		116,059		1,085,855
	Investec Ltd.		144,888		878,544
	Italtile Ltd.		902,956		977,459
	JSE Ltd.		307,885		2,173,268
	KAP Industrial Holdings Ltd.		8,963,745		2,897,618

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH AFRICA — (Continued)
	Lewis Group Ltd.		580,236	$	1,765,098
	Life Healthcare Group Holdings Ltd.		4,530,094		6,149,915
	Long4Life Ltd.		1,987,403		762,039
*	Massmart Holdings Ltd.		342,043		903,147
	Merafe Resources Ltd.		3,009,333		327,114
	Metair Investments Ltd.		778,116		1,395,729
	MiX Telematics Ltd.		37,895		15,602
	MiX Telematics Ltd., Sponsored ADR		27,358		302,306
	Momentum Metropolitan Holdings		3,353,713		3,563,473
	Motus Holdings Ltd.		459,916		3,326,388
	Mpact Ltd.		1,117,953		2,291,462
	Mr Price Group Ltd.		493,603		6,690,367
	MultiChoice Group		310,690		2,534,511
*	Murray & Roberts Holdings Ltd.		2,112,334		1,480,951
*	Nampak Ltd.		1,805,208		336,169
*	Net 1 UEPS Technologies, Inc.		776		3,658
	Netcare Ltd.		3,444,416		3,308,466
	Ninety One Ltd.		19,921		64,047
*	Northam Platinum Holdings Ltd.		76,106		907,133
	Oceana Group Ltd.		285,133		998,612
	Omnia Holdings Ltd.		850,994		4,489,196
	Pick n Pay Stores Ltd.		1,054,001		3,840,024
*	PPC Ltd.		4,250,108		1,033,988
*	PSG Group Ltd.		101,917		616,036
	PSG Konsult Ltd.		827,407		710,431
	Raubex Group Ltd.		952,268		2,535,746
	RCL Foods Ltd.		535,302		380,576
	Reunert Ltd.		661,638		1,845,502
	RFG Holdings Ltd.		423,587		320,705
	Royal Bafokeng Platinum Ltd.		539,585		5,390,601
	Santam Ltd.		144,510		2,652,884
*	Sappi Ltd.		1,465,415		5,365,139
#	SPAR Group Ltd.		617,202		6,474,117
	Spur Corp. Ltd.		291,004		431,879
*	Steinhoff International Holdings NV		429,786		70,866
# *	Sun International Ltd.		1,192,666		2,162,854
	Super Group Ltd.		1,646,666		2,792,666
*	Telkom SA SOC Ltd.		1,012,159		3,050,282
	Tiger Brands Ltd.		255,314		2,509,137
*	Tongaat Hulett Pvt Ltd.		353,085		66,949
	Transaction Capital Ltd.		1,686,562		5,409,579
*	Trencor Ltd.		903,601		276,390
	Truworths International Ltd.		1,290,027		4,602,403
*	Tsogo Sun Gaming Ltd.		1,752,396		1,238,434
*	Tsogo Sun Hotels Ltd.		92,144		19,006
	Wilson Bayly Holmes-Ovcon Ltd.		282,874		1,335,347
#	Woolworths Holdings Ltd.		2,635,429		9,865,836

TOTAL SOUTH AFRICA					178,207,915

SOUTH KOREA — (14.7%)
# *	3S Korea Co. Ltd.		186,602		479,599
	ABco Electronics Co. Ltd.		34,238		323,177
*	Able C&C Co. Ltd.		20,102		121,257
	ABOV Semiconductor Co. Ltd.		57,340		621,899
# *	Abpro Bio Co. Ltd.		630,240		420,950
*	Actoz Soft Co. Ltd.		23,627		217,518
	ADTechnology Co. Ltd.		3,779		53,305
#	Advanced Nano Products Co. Ltd.		28,035		1,546,082
#	Advanced Process Systems Corp.		42,216		800,309

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Aekyung Chemical Co. Ltd.		28,669	$	235,867
	Aekyung Industrial Co. Ltd.		18,948		295,639
*	AeroSpace Technology of Korea, Inc.		27,207		141,673
	AfreecaTV Co. Ltd.		27,213		2,332,611
*	AFW Co. Ltd.		9,194		34,824
*	Agabang&Company		85,919		306,869
	Ahn-Gook Pharmaceutical Co. Ltd.		23,784		208,347
#	Ahnlab, Inc.		24,992		2,048,244
*	Air Busan Co. Ltd.		58,657		106,531
	AJ Networks Co. Ltd.		61,355		323,177
*	Ajin Industrial Co. Ltd.		102,112		245,891
	AK Holdings, Inc.		19,998		338,251
*	Alpha Holdings, Inc.		8,313		18,940
*	ALUKO Co. Ltd.		188,260		539,939
# *	Amicogen, Inc.		32,817		821,450
*	Aminologics Co. Ltd.		271,412		514,920
*	Amo Greentech Co. Ltd.		14,966		142,180
*	Amotech Co. Ltd.		28,871		661,952
*	Anam Electronics Co. Ltd.		228,729		425,233
# *	Ananti, Inc.		247,770		1,708,756
*	Anterogen Co. Ltd.		14,150		269,637
*	Apact Co. Ltd.		56,867		288,448
*	Aprogen Healthcare & Games, Inc.		224,434		111,425
*	Aprogen Medicines, Inc.		361,519		442,433
*	Aprogen pharmaceuticals, Inc.		861,356		551,093
	APS Holdings Corp.		48,129		500,852
	APTC Co. Ltd.		24,372		394,324
* ††	Arion Technology, Inc.		51,658		2,121
	Asia Cement Co. Ltd.		59,260		709,768
	ASIA Holdings Co. Ltd.		3,528		441,508
	Asia Pacific Satellite, Inc.		6,851		83,368
	Asia Paper Manufacturing Co. Ltd.		17,756		625,068
*	Asiana Airlines, Inc.		82,372		1,301,361
*	ASTORY Co. Ltd.		4,764		102,853
	Atec Co. Ltd.		18,164		193,009
*	A-Tech Solution Co. Ltd.		10,226		103,965
	Atinum Investment Co. Ltd.		140,303		507,802
*	ATON, Inc.		2,476		60,706
	AUK Corp.		95,994		202,499
	Aurora World Corp.		24,777		203,574
	Austem Co. Ltd.		53,159		99,305
#	Autech Corp.		46,360		350,456
#	Avaco Co. Ltd.		40,179		341,555
*	Avatec Co. Ltd.		6,827		78,274
	Baiksan Co. Ltd.		57,960		566,735
# * ††	Barun Electronics Co. Ltd.		1,089		174
*	Barunson Entertainment & Arts Corp.		180,998		196,561
	Bcworld Pharm Co. Ltd.		24,354		232,831
	BGF Co. Ltd.		124,471		559,226
#	BH Co. Ltd.		88,526		1,880,664
# *	Binex Co. Ltd.		109,458		1,333,957
	Binggrae Co. Ltd.		23,071		1,005,773
*	Biolog Device Co. Ltd.		126,061		152,676
# *	BioSmart Co. Ltd.		66,962		255,680
*	Biotoxtech Co. Ltd.		50,858		310,557
	BIT Computer Co. Ltd.		62,006		435,463
	Bixolon Co. Ltd.		37,234		211,718
	Bluecom Co. Ltd.		41,017		342,307
#	Boditech Med, Inc.		87,808		994,396

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	Bohae Brewery Co. Ltd.		453,880	$	345,580
	BoKwang Industry Co. Ltd.		66,131		427,941
	Bolak Co. Ltd.		169,972		287,838
	Bookook Securities Co. Ltd.		14,493		280,609
	Boryung		107,363		1,102,572
*	Bosung Power Technology Co. Ltd.		183,936		997,688
	Brand X Co. Ltd.		3,845		26,073
*	Bridge Biotherapeutics, Inc.		6,700		64,212
#	Bukwang Pharmaceutical Co. Ltd.		150,501		1,400,117
*	Bumyang Construction Co. Ltd.		1,797		9,205
	Busan Industrial Co. Ltd.		341		30,808
	BusinessOn Communication Co. Ltd.		3,824		33,909
	BYC Co. Ltd.		1,007		363,897
*	BYON Co. Ltd.		259,688		167,681
	Byucksan Corp.		165,999		510,574
*	Caelum Co. Ltd.		7,444		24,547
# *	Cafe24 Corp.		35,287		523,788
*	CammSys Corp.		267,893		387,277
	Camus Engineering & Construction, Inc.		27,025		54,341
*	Capro Corp.		133,193		482,377
#	Caregen Co. Ltd.		14,018		1,437,313
*	Carelabs Co. Ltd.		14,423		100,380
	Cell Biotech Co. Ltd.		21,100		275,604
*	Cellumed Co. Ltd.		73,443		325,340
*	Central Motek Co. Ltd.		6,444		90,262
# *	Chabiotech Co. Ltd.		127,163		1,868,241
	Changhae Ethanol Co. Ltd.		22,759		256,590
*	Charm Engineering Co. Ltd.		168,062		168,537
*	Cheil Bio Co. Ltd.		22,914		42,512
	Cheil Worldwide, Inc.		64,665		1,291,024
*	Chemon, Inc.		127,578		293,664
	Chemtronics Co. Ltd.		46,807		953,813
*	Chemtros Co. Ltd.		49,470		373,529
	Cheryong Electric Co. Ltd.		45,503		183,863
*	ChinHung International, Inc.		225,900		481,164
	Chinyang Holdings Corp.		86,435		255,557
	Chips&Media, Inc.		12,271		195,593
*	Choa Pharmaceutical Co.		106,115		276,825
*	Choil Aluminum Co. Ltd.		202,637		393,555
	Chokwang Leather Co. Ltd.		607		23,934
	Chokwang Paint Ltd.		20,012		134,352
	Chong Kun Dang Pharmaceutical Corp.		19,342		1,511,253
	Chongkundang Holdings Corp.		11,961		656,772
	Choong Ang Vaccine Laboratory		28,743		329,071
*	Chorokbaem Media Co. Ltd.		484,198		947,699
	Chosun Refractories Co. Ltd.		6,866		442,067
	CJ Freshway Corp.		27,178		882,077
# *	CJ Seafood Corp.		89,298		297,980
	CKD Bio Corp.		12,748		357,641
#	Classys, Inc.		49,967		813,447
	Clean & Science Co. Ltd.		17,437		211,086
	CLIO Cosmetics Co. Ltd.		20,972		352,274
# *	Cloud Air Co. Ltd.		128,993		139,764
# *	CMG Pharmaceutical Co. Ltd.		454,613		1,159,497
# * ††	CNT85, Inc.		1,452		11,393
*	CoAsia Corp.		22,488		147,641
*	Com2uS Holdings Corp.		16,335		1,075,863
#	Com2uSCorp.		24,598		1,827,736
	Commax Co. Ltd.		40,927		145,467

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	Comtec Systems Co. Ltd.		55,335	$	43,124
*	ContentreeJoongAng Corp.		23,701		845,210
# *	Coreana Cosmetics Co. Ltd.		119,708		446,396
*	Corentec Co. Ltd.		10,475		103,666
	Cosmax BTI, Inc.		13,075		146,023
*	COSMAX NBT, Inc.		47,680		244,341
#	Cosmax, Inc.		32,365		2,175,971
# *	Cosmecca Korea Co. Ltd.		23,478		286,050
*	CosmoAM&T Co. Ltd.		79,242		3,454,365
*	Cosmochemical Co. Ltd.		44,371		583,207
#	Cowell Fashion Co. Ltd.		113,103		691,821
	Cowintech Co. Ltd.		12,547		303,903
	Creas F&C Co. Ltd.		2,747		86,937
# *	Creative & Innovative System		187,522		1,957,663
#	Creverse, Inc.		5,127		125,071
	Crown Confectionery Co. Ltd.		20,431		189,226
	CROWNHAITAI Holdings Co. Ltd.		23,850		195,071
*	CrystalGenomics, Inc.		185,334		745,124
*	CS Bearing Co. Ltd.		2,874		38,911
*	CTC BIO, Inc.		96,998		764,680
	CTK Co. Ltd.		2,437		19,835
*	Cube Entertainment, Inc.		12,798		171,563
	Cuckoo Holdings Co. Ltd.		31,442		464,679
	Cuckoo Homesys Co. Ltd.		26,647		740,068
*	Curexo, Inc.		43,242		269,796
# *	Curo Co. Ltd.		641,491		232,789
*	CUROCOM Co. Ltd.		73,660		66,980
	Cymechs, Inc.		25,921		382,615
	D.I Corp.		80,289		549,769
# *	DA Technology Co. Ltd.		60,673		215,612
	Dae Han Flour Mills Co. Ltd.		4,392		619,098
	Dae Hwa Pharmaceutical Co. Ltd.		56,272		371,421
	Dae Hyun Co. Ltd.		102,719		227,491
*	Dae Won Chemical Co. Ltd.		92,010		204,725
	Dae Won Kang Up Co. Ltd.		165,207		453,572
*	Dae Young Packaging Co. Ltd.		248,153		449,177
*	Dae Yu Co. Ltd.		11,641		55,232
# *	Daea TI Co. Ltd.		267,618		925,443
*	Daebo Magnetic Co. Ltd.		4,041		149,526
#	Daebongls Co. Ltd.		29,867		245,940
#	Daechang Co. Ltd.		233,099		388,035
*	Daechang Solution Co. Ltd.		71,072		29,028
	Daedong Corp.		67,150		779,785
	Daeduck Electronics Co. Ltd.		99,329		2,357,448
	Daehan New Pharm Co. Ltd.		46,120		472,356
	Daehan Steel Co. Ltd.		34,780		605,983
*	DAEHO AL Co. Ltd.		59,101		146,909
*	Dae-Il Corp.		40,268		173,164
#	Daejoo Electronic Materials Co. Ltd.		43,457		2,804,156
	Daejung Chemicals & Metals Co. Ltd.		3,106		50,832
	Daekyo Co. Ltd.		59,377		189,930
	Daelim B&Co Co. Ltd.		36,970		231,205
*	Daemyung Sonoseason Co. Ltd.		267,361		267,088
	Daeryuk Can Co. Ltd.		12,389		57,038
#	Daesang Corp.		83,327		1,665,897
	Daesang Holdings Co. Ltd.		51,274		427,938
*	Daesung Eltec Co. Ltd.		46,242		26,920
	Daesung Energy Co. Ltd.		35,012		501,293
*	Daesung Fine Tech Co. Ltd.		43,644		73,135

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Daesung Holdings Co. Ltd.		15,618	$	741,128
*	Daesung Industrial Co. Ltd.		83,195		365,882
*	Daesung Private Equity, Inc.		34,984		81,878
*	Daewon Cable Co. Ltd.		267,262		423,734
*	Daewon Media Co. Ltd.		35,199		464,084
	Daewon Pharmaceutical Co. Ltd.		78,893		1,121,620
	Daewon San Up Co. Ltd.		55,250		279,907
# *	Daewoo Electronic Components Co. Ltd.		138,153		251,272
	Daewoong Co. Ltd.		58,330		1,383,459
	Daewoong Pharmaceutical Co. Ltd.		9,318		1,340,634
*	Dahaam E-Tec Co. Ltd.		2,100		158,336
	Daihan Pharmaceutical Co. Ltd.		19,913		459,392
	Daishin Information & Communication		26,889		30,482
	Daishin Securities Co. Ltd.		112,901		1,572,022
*	Daiyang Metal Co. Ltd.		19,520		68,275
# *	Danal Co. Ltd.		202,555		1,508,157
# *	Danawa Co. Ltd.		30,039		496,060
#	Daou Data Corp.		64,916		719,308
	Daou Technology, Inc.		91,181		1,490,170
# *	Dasan Networks, Inc.		133,572		703,083
#	Dawonsys Co. Ltd.		116,741		2,706,860
*	Dayou Automotive Seat Technology Co. Ltd.		283,403		267,668
*	Dayou Plus Co. Ltd.		354,517		342,269
	DB Financial Investment Co. Ltd.		126,888		651,901
*	DB, Inc.		499,370		387,622
	DCM Corp.		18,701		398,049
*	Dentis Co. Ltd.		3,079		21,517
#	Dentium Co. Ltd.		28,057		1,495,064
#	Deutsch Motors, Inc.		102,165		904,507
*	Development Advance Solution Co. Ltd.		39,144		149,524
	Device ENG Co. Ltd.		3,899		71,207
#	Devsisters Co. Ltd.		10,093		479,925
*	Dexter Studios Co. Ltd.		46,226		635,773
#	DGB Financial Group, Inc.		644,591		4,543,620
	DHP Korea Co. Ltd.		48,800		280,223
	DI Dong Il Corp.		54,759		1,040,290
	Digital Chosun Co. Ltd.		116,579		277,985
	Digital Daesung Co. Ltd.		66,620		449,808
*	DIO Corp.		47,102		1,264,710
	Display Tech Co. Ltd.		52,616		327,083
	DL Construction Co. Ltd.		26,871		574,493
	DL Holdings Co. Ltd.		39,308		1,915,763
* ††	DMOA Co. Ltd.		414,534		108,419
	DMS Co. Ltd.		85,905		426,475
#	DNF Co. Ltd.		38,211		668,684
	Dohwa Engineering Co. Ltd.		60,443		417,366
	Dong A Eltek Co. Ltd.		19,652		145,208
	Dong Ah Tire & Rubber Co. Ltd.		38,282		385,244
	Dong-A Hwasung Co. Ltd.		14,590		129,176
	Dong-A Socio Holdings Co. Ltd.		14,889		1,336,268
	Dong-A ST Co. Ltd.		21,335		1,182,343
	Dong-Ah Geological Engineering Co. Ltd.		32,330		517,076
*	Dongbang Transport Logistics Co. Ltd.		94,680		253,236
	Dongbu Corp.		41,743		439,987
#	Dongil Industries Co. Ltd.		4,037		564,267
	Dongjin Semichem Co. Ltd.		118,484		3,491,571
	Dongkoo Bio & Pharma Co. Ltd.		21,999		129,010
	DongKook Pharmaceutical Co. Ltd.		96,308		1,708,871
	Dongkuk Industries Co. Ltd.		161,706		454,618

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
#	Dongkuk Steel Mill Co. Ltd.		247,260	$	3,615,674
	Dongkuk Structures & Construction Co. Ltd.		129,912		585,129
	Dongsin Engineering & Construction		5,118		120,176
	Dongsung Chemical Co. Ltd.		134,684		519,628
	Dongsung Finetec Co. Ltd.		74,289		696,078
*	Dongsung Pharmaceutical Co. Ltd.		8,068		53,522
# *	Dongwha Enterprise Co. Ltd.		19,313		1,234,581
	Dongwha Pharm Co. Ltd.		82,309		826,739
	Dongwon Development Co. Ltd.		153,298		627,571
	Dongwon F&B Co. Ltd.		4,936		695,087
#	Dongwon Industries Co. Ltd.		4,704		927,005
#	Dongwon Systems Corp.		25,142		1,165,358
*	Dongwoo Farm To Table Co. Ltd.		64,179		178,908
	Dongwoon Anatech Co. Ltd.		24,054		114,609
	Dongyang E&P, Inc.		19,653		266,207
*	Dongyang Steel Pipe Co. Ltd.		415,557		461,008
	Doosan Co. Ltd.		23,474		1,645,722
	DoubleUGames Co. Ltd.		38,824		1,517,180
	Douzone Bizon Co. Ltd.		25,250		808,237
	DRB Holding Co. Ltd.		20,458		88,009
*	Dream Security Co. Ltd.		44,221		143,882
	Dreamtech Co. Ltd.		7,465		61,674
# *	Dreamus Co.		78,920		278,886
	Drgem Corp.		2,230		17,592
# *	DRTECH Corp.		175,505		221,197
*	DSC Investment, Inc.		19,346		82,411
*	DSK Co. Ltd.		6,892		38,522
	DTR Automotive Corp.		14,403		885,741
*	Duck Yang Industry Co. Ltd.		6,699		17,282
# *	Duk San Neolux Co. Ltd.		44,916		1,474,475
*	Duksan Hi-Metal Co. Ltd.		6,584		49,178
*	Duksan Techopia Co. Ltd.		11,915		217,416
	Duksung Co. Ltd.		29,557		191,449
	DY Corp.		65,736		454,110
	DY POWER Corp.		34,233		397,072
	DYPNF Co. Ltd.		10,346		307,962
*	E Investment&Development Co. Ltd.		1,207,465		170,160
# *	E& Corp. Co. Ltd.		111,656		340,498
*	E&D Co. Ltd.		5,839		122,608
*	E&M Co. Ltd.		121,873		58,929
	E1 Corp.		13,432		534,733
	Eagle Veterinary Technology Co. Ltd.		7,061		43,055
	Eagon Industrial Ltd.		17,740		182,997
	Easy Bio, Inc.		94,414		496,418
#	Easy Holdings Co. Ltd.		186,206		756,099
	eBEST Investment & Securities Co. Ltd.		14,685		88,584
#	Echo Marketing, Inc.		47,640		750,530
*	EcoBio Holdings Co. Ltd.		32,370		189,745
	Ecoplastic Corp.		6,173		14,011
#	Ecopro Co. Ltd.		66,850		4,406,798
#	Ecopro HN Co. Ltd.		16,441		639,863
	e-Credible Co. Ltd.		18,917		284,128
# *	Eehwa Construction Co. Ltd.		55,076		373,462
# *	EG Corp.		28,304		267,980
# *	Ehwa Technologies Information Co. Ltd.		303,918		272,041
*	Elcomtec Co. Ltd.		135,002		162,123
	Elentec Co. Ltd.		49,808		884,453
# *	EMKOREA Co. Ltd.		136,418		380,339
#	EM-Tech Co. Ltd.		41,572		1,253,933

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	Enex Co. Ltd.		106,249	$	194,334
#	ENF Technology Co. Ltd.		39,941		1,100,719
*	Enplus Co. Ltd.		75,370		231,660
*	Enzychem Lifesciences Corp.		6,601		115,202
#	Eo Technics Co. Ltd.		33,288		2,916,968
*	e-Starco Co. Ltd.		48,828		75,758
	Estechpharma Co. Ltd.		42,421		323,949
*	ESTsoft Corp.		27,672		271,114
*	E-TRON Co. Ltd.		1,491,477		321,675
#	Eugene Corp.		191,672		781,826
	Eugene Investment & Securities Co. Ltd.		263,075		679,864
#	Eugene Technology Co. Ltd.		56,561		1,902,529
	Eusu Holdings Co. Ltd.		59,047		285,048
*	EV Advanced Material Co. Ltd.		44,834		62,178
*	Ewon Comfortech Co. Ltd.		14,501		96,105
*	E-World		79,853		171,044
*	Exem Co. Ltd.		92,152		347,721
	Exicon Co. Ltd.		1,698		17,025
	ezCaretech Co. Ltd.		7,329		245,798
	F&F Co. Ltd.		35,705		3,941,799
	Farmsco		49,610		286,058
	FarmStory Co. Ltd.		168,511		610,683
	Fila Holdings Corp.		37,029		946,127
#	Fine Semitech Corp.		39,942		694,756
*	Firstec Co. Ltd.		116,567		351,425
*	FNC Entertainment Co. Ltd.		3,147		24,130
#	Foosung Co. Ltd.		189,169		2,799,458
*	FSN Co. Ltd.		25,784		124,665
	Fursys, Inc.		14,385		416,667
*	FutureChem Co. Ltd.		12,284		169,508
	Gabia, Inc.		43,120		472,635
#	Galaxia Moneytree Co. Ltd.		63,004		437,942
	Gaon Cable Co. Ltd.		8,806		182,901
*	GC Cell Corp.		27,200		1,426,277
*	GemVax & Kael Co. Ltd.		40,963		475,200
	Gemvaxlink Co. Ltd.		291,934		378,779
*	Genematrix, Inc.		12,082		56,136
*	Genexine, Inc.		26,894		851,677
*	Genie Music Corp.		124,776		512,114
*	GenNBio, Inc.		59,137		106,805
	GENOLUTION, Inc.		6,482		69,854
*	Genomictree, Inc.		9,218		85,368
	Genoray Co. Ltd.		2,039		17,008
	Geumhwa PSC Co. Ltd.		6,842		174,196
*	Gigalane Co. Ltd.		63,904		108,284
	Global Standard Technology Co. Ltd.		9,928		240,422
	GMB Korea Corp.		35,866		163,281
*	GNCO Co. Ltd.		215,465		134,864
	Golfzon Co. Ltd.		13,390		1,711,449
	Golfzon Newdin Holdings Co. Ltd.		86,465		598,221
* ††	Good People Co. Ltd.		225,318		35,486
#	Gradiant Corp.		241,096		867,640
# *	Grand Korea Leisure Co. Ltd.		85,132		1,031,679
	Green Cross Holdings Corp.		81,583		1,418,316
# *	Green Cross Medical Science Corp.		22,512		117,911
	Green Cross Wellbeing Corp.		5,096		37,228
*	GS Global Corp.		194,831		709,723
	Gwangju Shinsegae Co. Ltd.		13,770		402,148
	Haatz, Inc.		7,873		60,494

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Hae In Corp.		4,066	$	20,699
	HAESUNG DS Co. Ltd.		39,224		2,156,451
*	Haesung Optics Co. Ltd.		40,849		29,680
	Haitai Confectionery & Foods Co. Ltd.		40,008		277,827
	Halla Corp.		78,969		341,516
	Halla Holdings Corp.		29,638		982,565
*	Han Chang Corp.		175,437		101,631
#	Han Kuk Carbon Co. Ltd.		126,255		1,300,931
#	Hana Materials, Inc.		9,961		489,578
*	Hana Micron, Inc.		128,070		1,787,298
	Hana Pharm Co. Ltd.		859		13,585
*	Hanall Biopharma Co. Ltd.		89,064		1,284,607
	HanChang Paper Co. Ltd.		35,511		61,499
*	Hancom MDS, Inc.		24,878		446,212
*	Hancom WITH, Inc.		7,684		46,279
*	Hancom, Inc.		60,224		964,017
	Handok, Inc.		34,789		604,884
	Handsome Co. Ltd.		54,236		1,512,404
	Hanil Cement Co. Ltd.		32,697		529,255
	Hanil Holdings Co. Ltd.		47,288		502,067
	Hanil Hyundai Cement Co. Ltd.		13,956		356,708
	Hanjin Transportation Co. Ltd.		35,979		936,000
*	Hankook Corp., Inc.		955		625
*	Hankook Cosmetics Manufacturing Co. Ltd.		8,474		223,089
	Hankook Shell Oil Co. Ltd.		2,629		529,538
*	Hankook Technology, Inc.		194,340		125,411
*	Hankuk Steel Wire Co. Ltd.		9,082		45,735
	Hanla IMS Co. Ltd.		23,956		114,878
	Hanmi Semiconductor Co. Ltd.		176,963		2,100,654
	HanmiGlobal Co. Ltd.		31,164		330,098
*	Hans Biomed Corp.		30,864		272,066
#	Hansae Co. Ltd.		74,584		1,525,562
	Hansae Yes24 Holdings Co. Ltd.		45,615		247,019
	Hanshin Construction Co. Ltd.		30,292		422,446
#	Hanshin Machinery Co.		91,006		895,932
	Hansol Holdings Co. Ltd.		136,151		382,407
#	Hansol HomeDeco Co. Ltd.		255,321		359,649
	Hansol Logistics Co. Ltd.		33,008		113,310
	Hansol Paper Co. Ltd.		66,976		773,936
*	Hansol Technics Co. Ltd.		106,466		577,290
	Hanssem Co. Ltd.		6,118		378,246
	Hanwha Aerospace Co. Ltd.		28,161		1,178,483
#	Hanwha Corp.		64,206		1,516,885
*	Hanwha General Insurance Co. Ltd.		233,991		874,039
	Hanwha Investment & Securities Co. Ltd.		408,492		1,532,249
	Hanyang Eng Co. Ltd.		38,682		481,356
	Hanyang Securities Co. Ltd.		35,735		387,598
	Harim Co. Ltd.		203,236		612,026
	Harim Holdings Co. Ltd.		145,706		1,254,772
*	HB SOLUTION Co. Ltd.		28,101		426,326
	HB Technology Co. Ltd.		244,459		463,540
	HDC Holdings Co. Ltd.		30,529		173,852
#	HDC Hyundai Development Co. Engineering & Construction, Class E		108,214		1,278,040
	HDC Hyundai Engineering Plastics Co. Ltd.		50,887		189,974
	HDCLabs Co. Ltd.		24,719		195,757
# *	Helixmith Co. Ltd.		68,999		1,142,666
*	Heungkuk Fire & Marine Insurance Co. Ltd.		201,650		630,572
*	HFR, Inc.		17,620		447,834
	High Tech Pharm Co. Ltd.		9,245		89,502

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	HIMS Co. Ltd.		3,230	$	23,077
#	Hite Jinro Co. Ltd.		81,194		2,389,014
#	Hitejinro Holdings Co. Ltd.		27,709		309,593
*	HJ Magnolia Yongpyong Hotel & Resort Corp.		118,653		490,051
*	HJ Shipbuilding & Construction Co. Ltd.		110,020		685,874
# *	HLB Life Science Co. Ltd.		228,090		1,850,549
*	HLB Therapeutics Co. Ltd.		55,336		370,152
	HLscience Co. Ltd.		3,143		97,936
* ††	HNT Electronics Co. Ltd.		55,565		15,926
*	Home Center Holdings Co. Ltd.		233,830		319,153
*	Homecast Co. Ltd.		140,182		340,143
	HS Industries Co. Ltd.		141,062		666,900
*	HSD Engine Co. Ltd.		87,801		737,985
*	Hugel, Inc.		13,125		1,292,060
*	Humax Co. Ltd.		65,528		233,997
	Humedix Co. Ltd.		22,628		377,129
*	Huneed Technologies		34,054		243,283
#	Huons Co. Ltd.		30,924		1,051,783
	Huons Global Co. Ltd.		26,394		589,662
#	Huvis Corp.		64,190		393,746
	Huvitz Co. Ltd.		39,547		336,355
	Hwa Shin Co. Ltd.		48,675		323,496
	Hwacheon Machine Tool Co. Ltd.		4,961		139,410
# *	Hwail Pharm Co. Ltd.		150,233		391,262
	Hwangkum Steel & Technology Co. Ltd.		39,211		306,050
	Hwaseung Corp. Co. Ltd.		103,065		142,102
#	Hwaseung Enterprise Co. Ltd.		71,812		926,725
	Hwaseung R&A Co. Ltd.		51,059		187,350
	HwaSung Industrial Co. Ltd.		37,257		655,831
	Hy-Lok Corp.		30,416		447,901
*	Hyosung Chemical Corp.		5,520		974,160
#	Hyosung Corp.		20,065		1,313,987
*	Hyosung Heavy Industries Corp.		9,479		412,928
	Hyosung TNC Corp.		1,871		604,552
	HyosungITX Co. Ltd.		13,955		193,290
	Hyundai Bioland Co. Ltd.		52,816		750,770
	Hyundai BNG Steel Co. Ltd.		38,274		541,789
	Hyundai Construction Equipment Co. Ltd.		54,680		1,595,408
	Hyundai Corp.		31,323		460,217
	Hyundai Corp. Holdings, Inc.		23,971		244,814
	Hyundai Department Store Co. Ltd.		46,770		2,783,605
*	Hyundai Doosan Infracore Co. Ltd.		317,589		1,642,811
*	Hyundai Electric & Energy System Co. Ltd.		57,167		976,922
	Hyundai Elevator Co. Ltd.		72,251		2,028,791
*	Hyundai Energy Solutions Co. Ltd.		4,304		75,046
	Hyundai Ezwel Co. Ltd.		76,198		644,584
	Hyundai Futurenet Co. Ltd.		179,394		478,444
#	Hyundai Greenfood Co. Ltd.		168,643		1,216,486
	Hyundai Home Shopping Network Corp.		24,834		1,183,987
	Hyundai HT Co. Ltd.		8,282		66,296
	Hyundai Livart Furniture Co. Ltd.		47,892		555,237
	Hyundai Marine & Fire Insurance Co. Ltd.		70,556		1,818,478
	Hyundai Motor Securities Co. Ltd.		76,683		665,006
	Hyundai Pharmaceutical Co. Ltd.		91,807		369,323
# *	Hyundai Rotem Co. Ltd.		200,316		2,985,811
#	Hyundai Wia Corp.		65,353		3,336,577
*	Hyungji Elite, Inc.		38,670		60,684
	Hyungkuk F&B Co. Ltd.		13,023		44,919
# * ††	Hyupjin Co. Ltd.		97,584		65,263

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
#	HyVision System, Inc.		51,052	$	809,300
*	I&C Technology Co. Ltd.		56,987		163,897
	i3system, Inc.		19,629		307,137
*	iA, Inc.		1,114,285		880,473
	ICD Co. Ltd.		54,903		477,308
*	Icure Pharm, Inc.		10,320		101,567
	IDIS Holdings Co. Ltd.		1,320		12,803
*	IHQ, Inc.		318,701		282,251
	Il Sung Construction Co. Ltd.		47,826		202,111
	Iljin Electric Co. Ltd.		62,223		275,964
#	Iljin Holdings Co. Ltd.		80,297		350,693
	Iljin Power Co. Ltd.		26,588		444,787
	Ilshin Spinning Co. Ltd.		6,137		596,450
*	Ilshin Stone Co. Ltd.		206,774		300,040
	ilShinbiobase Co. Ltd.		122,045		333,292
	Ilsung Pharmaceuticals Co. Ltd.		4,137		279,430
	Ilyang Pharmaceutical Co. Ltd.		58,097		1,136,421
*	IM Co. Ltd.		4,150		21,712
	iMarketKorea, Inc.		69,527		589,086
*	INBIOGEN Co. Ltd.		72,037		140,253
	InBody Co. Ltd.		39,563		909,885
*	INCON Co. Ltd.		32,668		33,050
	Incross Co. Ltd.		17,450		532,248
	INFAC Corp.		7,179		56,350
# *	Infinitt Healthcare Co. Ltd.		60,954		334,299
	InfoBank Corp.		9,135		126,906
	INITECH Co. Ltd.		34,978		124,805
	Innocean Worldwide, Inc.		35,466		1,367,207
*	Innometry Co. Ltd.		3,145		33,634
	InnoWireless, Inc.		20,053		613,003
	Innox Advanced Materials Co. Ltd.		49,189		1,902,712
*	Inscobee, Inc.		208,757		459,870
# *	Insun ENT Co. Ltd.		113,549		995,256
*	Insung Information Co. Ltd.		11,228		24,333
	Intekplus Co. Ltd.		17,565		361,527
	Intellian Technologies, Inc.		10,922		669,752
	Intelligent Digital Integrated Security Co. Ltd.		23,792		486,176
# *	Interflex Co. Ltd.		56,427		744,851
#	Interojo Co. Ltd.		37,913		966,492
	INTOPS Co. Ltd.		38,974		1,152,201
# *	iNtRON Biotechnology, Inc.		80,956		1,146,079
	Inzi Controls Co. Ltd.		13,489		116,398
	INZI Display Co. Ltd.		20,792		41,335
# *	Iones Co. Ltd.		71,025		538,459
#	IS Dongseo Co. Ltd.		53,931		2,269,670
	ISC Co. Ltd.		45,161		1,259,653
	i-SENS, Inc.		39,451		903,316
*	ISU Abxis Co. Ltd.		7,306		45,978
	ISU Chemical Co. Ltd.		85,119		1,044,506
*	IsuPetasys Co. Ltd.		155,641		946,518
	It’s Hanbul Co. Ltd.		22,352		465,038
*	IWIN PLUS Co. Ltd.		11,295		12,578
*	Jahwa Electronics Co. Ltd.		38,252		1,043,443
	JASTECH Ltd.		20,777		112,535
	JB Financial Group Co. Ltd.		456,249		3,227,224
	JC Chemical Co. Ltd.		15,646		177,841
	JC Hyun System, Inc.		47,592		263,200
	Jeil Pharmaceutical Co. Ltd.		7,973		167,294
*	Jeju Beer Co. Ltd.		11,206		26,284

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	Jeju Semiconductor Corp.		124,855	$	527,386
	Jinro Distillers Co. Ltd.		7,784		180,552
	Jinsung T.E.C.		38,790		366,560
	JLS Co. Ltd.		42,073		254,606
*	JNK Heaters Co. Ltd.		62,635		324,400
*	JNTC Co. Ltd.		9,150		46,018
*	JoyCity Corp.		50,434		274,720
	JS Corp.		2,456		44,825
#	Jusung Engineering Co. Ltd.		139,604		2,318,420
	JVM Co. Ltd.		20,022		294,780
#	JW Holdings Corp.		180,363		631,728
	JW Life Science Corp.		29,965		356,719
#	JW Pharmaceutical Corp.		51,920		1,257,495
*	JW Shinyak Corp.		62,573		224,995
	JYP Entertainment Corp.		100,136		4,645,516
*	Kanglim Co. Ltd.		152,155		287,063
	Kangnam Jevisco Co. Ltd.		14,797		300,124
*	Kangstem Biotech Co. Ltd.		87,134		260,776
#	KAON Media Co. Ltd.		57,314		554,907
	KC Co. Ltd.		27,573		482,326
	KC Green Holdings Co. Ltd.		54,160		182,360
	KC Tech Co. Ltd.		37,495		615,425
	KCC Engineering & Construction Co. Ltd.		27,419		205,545
	KCC Glass Corp.		30,162		1,469,663
	KCI Ltd.		23,655		181,405
	KCTC		25,319		125,242
# *	KEC Corp.		384,550		956,339
#	KEPCO Plant Service & Engineering Co. Ltd.		62,736		1,876,418
*	Kespion Co. Ltd.		137,797		153,697
*	KEYEAST Co. Ltd.		58,751		507,649
	KG Chemical Corp.		14,892		495,515
#	KG Dongbu Steel		15,589		299,914
#	Kginicis Co. Ltd.		68,720		937,916
	KGMobilians Co. Ltd.		78,729		538,226
*	KH Electron Co. Ltd.		208,977		103,591
# *	KH FEELUX Co. Ltd.		370,756		658,124
	KH Vatec Co. Ltd.		64,504		1,019,888
*	KineMaster Corp.		3,447		38,176
	KINX, Inc.		12,932		544,274
	KISCO Corp.		70,679		504,327
	KISCO Holdings Co. Ltd.		31,963		463,072
	KISWIRE Ltd.		39,433		868,073
*	KleanNara Co. Ltd.		9,110		34,206
	KL-Net Corp.		61,091		173,825
	KM Corp.		36,082		218,276
*	KMH Co. Ltd.		69,335		495,351
# *	KMW Co. Ltd.		61,705		1,588,891
	Knotus Co. Ltd.		2,139		61,375
	Kocom Co. Ltd.		30,712		151,246
#	Koentec Co. Ltd.		88,341		585,669
	Koh Young Technology, Inc.		213,447		3,232,588
#	Kolmar BNH Co. Ltd.		39,096		1,056,012
#	Kolmar Korea Co. Ltd.		52,627		1,946,431
	Kolmar Korea Holdings Co. Ltd.		32,252		575,421
	Kolon Corp.		26,236		574,553
	Kolon Global Corp.		20,169		334,576
	Kolon Industries, Inc.		67,254		3,275,750
	Kolon Plastic, Inc.		60,456		606,126
	Komelon Corp.		21,175		199,860

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
#	KoMiCo Ltd.		24,204	$	1,036,027
# *	KONA I Co. Ltd.		23,792		448,517
	Kopla Co. Ltd.		76,189		419,407
#	Korea Alcohol Industrial Co. Ltd.		50,845		489,420
	Korea Arlico Pharm Co. Ltd.		3,713		21,782
	Korea Asset In Trust Co. Ltd.		224,785		695,926
	Korea Cast Iron Pipe Industries Co. Ltd.		43,706		359,320
*	Korea Circuit Co. Ltd.		39,627		895,074
	Korea District Heating Corp.		11,206		321,852
	Korea Electric Terminal Co. Ltd.		21,876		1,205,730
	Korea Electronic Certification Authority, Inc.		55,043		353,758
	Korea Electronic Power Industrial Development Co. Ltd.		62,193		626,914
	Korea Export Packaging Industrial Co. Ltd.		5,621		117,379
	Korea Flange Co. Ltd.		70,591		176,703
*	Korea Information & Communications Co. Ltd.		24,722		158,844
*	Korea Line Corp.		600,905		1,264,155
#	Korea Petrochemical Ind Co. Ltd.		13,264		1,571,886
	Korea Pharma Co. Ltd.		10,327		269,736
	Korea Real Estate Investment & Trust Co. Ltd.		517,299		899,625
#	Korea United Pharm, Inc.		37,448		870,777
	Korean Reinsurance Co.		327,628		2,506,781
*	Kortek Corp.		38,389		347,998
*	KOSES Co. Ltd.		17,598		146,588
# *	KPM Tech Co. Ltd.		322,949		200,605
*	KPS Corp.		8,173		52,256
	KPX Chemical Co. Ltd.		8,847		382,542
	KSIGN Co. Ltd.		220,369		413,390
	KSS LINE Ltd.		53,011		502,673
*	KT Alpha Co. Ltd.		65,430		326,543
	KT Skylife Co. Ltd.		93,341		677,978
#	KT Submarine Co. Ltd.		57,228		276,095
	KTB Investment & Securities Co. Ltd.		164,356		607,247
	KTCS Corp.		129,498		249,856
	Ktis Corp.		123,991		252,068
*	Kuk Young G&M.		123,397		194,775
	Kukbo Design Co. Ltd.		11,235		181,581
	Kukdo Chemical Co. Ltd.		12,580		544,586
*	Kukdong Corp.		82,010		147,538
#	Kukdong Oil & Chemicals Co. Ltd.		76,171		284,301
# *	Kuk-il Paper Manufacturing Co. Ltd.		327,383		855,334
	Kukjeon Pharmaceutical Co. Ltd.		52,920		336,573
*	Kum Yang Co. Ltd.		95,714		340,448
*	Kumho HT, Inc.		203,158		242,301
*	Kumho Tire Co., Inc.		339,665		1,153,617
	KUMHOE&C Co. Ltd.		78,814		642,571
	Kumkang Kind Co. Ltd.		62,740		498,938
	Kwang Dong Pharmaceutical Co. Ltd.		145,493		837,225
	Kwang Myung Electric Co. Ltd.		100,455		220,803
#	Kyeryong Construction Industrial Co. Ltd.		26,457		767,231
	Kyobo Securities Co. Ltd.		73,316		452,954
	Kyochon F&B Co. Ltd.		5,482		66,731
	Kyongbo Pharmaceutical Co. Ltd.		47,471		321,331
	Kyung Dong Navien Co. Ltd.		25,281		1,022,035
*	Kyung Nam Pharm Co. Ltd.		7,227		16,646
	Kyung Nong Corp.		15,142		167,682
	Kyungbang Co. Ltd.		47,694		599,022
*	Kyungchang Industrial Co. Ltd.		22,506		49,796
	KyungDong City Gas Co. Ltd.		14,614		307,283
	Kyungdong Pharm Co. Ltd.		73,304		593,929

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Kyung-In Synthetic Corp.		131,581	$	728,739
	L&C Bio Co. Ltd.		26,347		826,208
	LabGenomics Co. Ltd.		80,286		445,239
*	Lake Materials Co. Ltd.		85,707		306,255
*	LaonPeople, Inc.		8,758		88,493
#	LB Semicon, Inc.		123,116		1,142,266
	LEADCORP, Inc. (The)		62,713		453,725
	Lee Ku Industrial Co. Ltd.		11,978		43,366
*	Leenos Corp.		77,202		76,899
	LF Corp.		68,690		1,061,779
	LG HelloVision Co. Ltd.		116,618		589,619
#	LIG Nex1 Co. Ltd.		44,282		2,864,668
	Lion Chemtech Co. Ltd.		33,546		220,677
	LMS Co. Ltd.		20,005		141,128
*	Lock & Lock Co. Ltd.		78,135		644,304
# *	Longtu Korea, Inc.		75,734		385,627
	LOT Vacuum Co. Ltd.		45,136		523,141
	Lotte Chilsung Beverage Co. Ltd.		12,288		1,761,162
#	Lotte Confectionery Co. Ltd.		3,207		316,456
*	Lotte Data Communication Co.		2,515		72,102
	LOTTE Fine Chemical Co. Ltd.		63,853		4,099,325
#	Lotte Food Co. Ltd.		1,857		506,864
	LOTTE Himart Co. Ltd.		39,704		738,321
*	Lotte Non-Life Insurance Co. Ltd.		212,702		335,222
#	LS Cable & System Asia Ltd.		38,260		241,439
	LS Corp.		37,571		1,706,006
	LS Electric Co. Ltd.		36,315		1,363,903
	Lutronic Corp.		80,871		1,679,519
*	LVMC Holdings		235,121		640,959
	LX Hausys Ltd.		27,474		1,268,464
#	LX International Corp.		107,371		3,274,014
#	LX Semicon Co. Ltd.		39,299		4,054,827
	Macrogen, Inc.		3,933		85,668
	Maeil Dairies Co. Ltd.		4,652		255,657
	Maeil Holdings Co. Ltd.		22,787		197,927
	MAKUS, Inc.		2,286		19,479
*	Maniker Co. Ltd.		157,566		251,005
#	Mcnex Co. Ltd.		46,339		1,619,411
*	ME2ON Co. Ltd.		105,695		472,193
	Mediana Co. Ltd.		46,093		224,772
*	MEDICOX Co. Ltd.		133,178		78,705
# * ††	Medience Co. Ltd.		53,361		49,389
*	Medifron DBT Co. Ltd.		31,811		55,102
# *	Medipost Co. Ltd.		50,463		904,679
# *	Medy-Tox, Inc.		15,791		1,692,494
#	Meerecompany, Inc.		18,983		356,489
#	MegaStudy Co. Ltd.		33,559		322,607
	MegaStudyEdu Co. Ltd.		30,015		2,254,360
	MEKICS Co. Ltd.		45,311		227,645
	META BIOMED Co. Ltd.		73,413		171,719
*	Mgame Corp.		63,334		493,550
	Mi Chang Oil Industrial Co. Ltd.		3,145		204,905
*	MiCo BioMed Co. Ltd.		22,240		133,653
	MiCo Ltd.		120,402		1,033,132
	Minwise Co. Ltd.		34,635		492,802
	Mirae Asset Life Insurance Co. Ltd.		256,981		810,012
	Mirae Asset Venture Investment Co. Ltd.		30,425		203,297
*	Mirae Corp.		7,396		78,022
	Miwon Chemicals Co. Ltd.		3,853		218,363

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Miwon Commercial Co. Ltd.		5,072	$	690,900
	Miwon Specialty Chemical Co. Ltd.		5,925		984,374
	MK Electron Co. Ltd.		58,548		696,534
	MNTech Co. Ltd.		82,096		499,104
*	Mobile Appliance, Inc.		118,847		368,851
*	Monalisa Co. Ltd.		80,698		249,869
	MonAmi Co. Ltd.		59,430		233,564
	Moorim P&P Co. Ltd.		90,612		362,009
	Moorim Paper Co. Ltd.		91,551		263,359
	Motonic Corp.		40,895		294,244
*	Motrex Co. Ltd.		7,741		191,885
*	MP Daesan, Inc.		151,072		101,018
*	mPlus Corp.		15,452		215,844
	Mr Blue Corp.		11,243		70,846
*	MS Autotech Co. Ltd.		113,563		475,571
	Muhak Co. Ltd.		54,936		407,814
	Multicampus Co. Ltd.		10,150		376,445
*	MyungMoon Pharm Co. Ltd.		115,689		340,937
*	N2Tech Co. Ltd.		34,563		46,499
	Nam Hwa Construction Co. Ltd.		28,762		208,754
#	Namhae Chemical Corp.		91,931		1,021,643
*	NamKwang Engineering & Construction Co. Ltd.		2,218		22,019
*	Namsun Aluminum Co. Ltd.		285,935		681,335
	Namsung Corp.		29,086		69,135
*	Namu Tech Co. Ltd.		35,000		70,573
# *	Namuga Co. Ltd.		36,468		333,924
	Namyang Dairy Products Co. Ltd.		1,212		390,465
*	NanoenTek, Inc.		85,094		421,382
	Nasmedia Co. Ltd.		18,911		421,645
# *	Nature & Environment Co. Ltd.		396,370		639,660
*	NDFOS Co. Ltd.		19,650		123,729
	NeoPharm Co. Ltd.		20,456		421,154
*	Neowiz		54,508		891,615
	Neowiz Holdings Corp.		17,325		516,481
# *	NEPES Corp.		72,193		1,716,714
	Newtree Co. Ltd.		3,735		58,070
	Nexen Corp.		108,320		387,151
#	Nexen Tire Corp.		135,398		732,809
*	Nexon Games Co. Ltd.		54,649		1,016,716
*	NEXT BT Co. Ltd.		86,030		85,975
*	Next Entertainment World Co. Ltd.		74,614		587,134
*	NextEye Co. Ltd.		182,786		158,989
*	Nexturnbioscience Co. Ltd.		45,576		136,023
*	NHN BUGS Corp.		6,462		61,394
*	NHN Corp.		55,266		1,525,482
# *	NHN KCP Corp.		95,522		1,570,396
	NICE Holdings Co. Ltd.		73,247		992,374
	Nice Information & Telecommunication, Inc.		23,686		563,454
#	NICE Information Service Co. Ltd.		131,225		1,906,937
	NICE Total Cash Management Co. Ltd.		54,101		272,545
*	NK Co. Ltd.		285,626		267,308
	Nong Shim Holdings Co. Ltd.		9,009		536,463
	Nong Woo Bio Co. Ltd.		32,464		329,737
#	NongShim Co. Ltd.		8,493		2,029,632
	Noroo Holdings Co. Ltd.		9,344		88,895
	NOROO Paint & Coatings Co. Ltd.		39,524		343,724
	NOVAREX Co. Ltd.		5,141		158,838
	NPC		66,771		599,609
*	NS Co. Ltd.		1,771		14,340

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	NSN Co. Ltd.		15,112	$	22,542
*	nTels Co. Ltd.		34,254		213,702
*	Nuintek Co. Ltd.		12,734		32,551
*	NUVOTEC Co. Ltd.		153,125		152,577
	Oceanbridge Co. Ltd.		19,278		227,429
	Okong Corp.		14,342		49,189
*	Omnisystem Co. Ltd.		120,346		219,981
	Openbase, Inc.		117,833		332,903
	Opto Device Technology Co. Ltd.		29,480		168,755
#	OptoElectronics Solutions Co. Ltd.		30,470		684,060
*	OPTRON-TEC, Inc.		86,780		463,185
# *	Orbitech Co. Ltd.		93,260		524,988
*	Orientbio, Inc.		362,088		237,842
#	Orion Holdings Corp.		89,232		1,041,757
*	OSANGJAIEL Co. Ltd.		29,868		167,069
#	Osstem Implant Co. Ltd.		45,048		4,034,952
# *	Osung Advanced Materials Co. Ltd.		258,797		443,004
#	Ottogi Corp.		3,354		1,243,951
	Paik Kwang Industrial Co. Ltd.		104,632		452,514
*	Pan Entertainment Co. Ltd.		13,359		49,137
*	PANAGENE, Inc.		24,893		80,130
	Pang Rim Co. Ltd.		97,311		302,289
*	Pan-Pacific Co. Ltd.		110,822		229,308
# *	Paradise Co. Ltd.		125,164		1,630,398
	Park Systems Corp.		3,580		318,075
#	Partron Co. Ltd.		162,701		1,495,150
#	Paseco Co. Ltd.		11,321		168,879
	People & Technology, Inc.		45,616		1,796,174
*	Peptron, Inc.		7,294		54,356
	PHA Co. Ltd.		37,966		272,382
*	PharmAbcine		8,575		35,543
#	PharmaResearch Co. Ltd.		21,005		1,533,120
*	PharmGen Science, Inc.		63,854		403,930
*	Pharmicell Co. Ltd.		161,353		1,442,700
*	Philoptics Co. Ltd.		4,719		33,779
*	Philosys Healthcare Co. Ltd.		94,841		131,388
#	PI Advanced Materials Co. Ltd.		54,578		2,056,797
*	Playgram Co. Ltd.		83,495		126,638
*	PLAYWITH, Inc.		7,511		71,748
	Point Engineering Co. Ltd.		24,538		61,837
*	Polaris Office Corp.		24,639		34,686
	Poongsan Corp.		71,782		1,807,995
	Poongsan Holdings Corp.		24,968		595,747
#	Posco ICT Co. Ltd.		203,713		989,557
	Posco M-Tech Co. Ltd.		72,480		407,977
	POSCO Steeleon Co. Ltd.		3,770		153,682
*	Power Logics Co. Ltd.		99,612		598,633
# *	Prostemics Co. Ltd.		31,692		68,770
#	Protec Co. Ltd.		19,624		457,789
	PS TEC Co. Ltd.		41,635		146,251
	PSK, Inc.		35,754		1,354,057
	Pulmuone Co. Ltd.		38,753		513,849
	Puloon Technology, Inc.		4,603		36,950
	Pungkuk Ethanol Co. Ltd.		22,635		315,798
	QSI Co. Ltd.		3,313		43,089
*	RaonSecure Co. Ltd.		115,448		315,748
*	Ray Co. Ltd/KR.		18,972		342,844
	Rayence Co. Ltd.		21,966		211,624
* ††	Redrover Co. Ltd.		111,853		30,557

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	Remed Co. Ltd.		8,127	$	135,379
#	Reyon Pharmaceutical Co. Ltd.		28,614		626,335
#	RFHIC Corp.		71,961		1,612,769
*	RFTech Co. Ltd.		114,269		566,444
	RN2 Technologies Co. Ltd.		4,934		42,007
*	Robostar Co. Ltd.		29,213		550,287
*	Robotis Co. Ltd.		11,904		187,824
	Rorze Systems Corp.		12,806		56,182
#	Rsupport Co. Ltd.		59,819		250,093
	S Net Systems, Inc.		47,161		273,177
#	S&S Tech Corp.		63,053		1,370,767
*	S.Y. Co. Ltd.		134,827		353,789
	Sajo Industries Co. Ltd.		9,398		415,554
	Sajodaerim Corp.		2,580		66,180
*	Sajodongaone Co. Ltd.		29,518		48,563
*	Sam Chun Dang Pharm Co. Ltd.		42,696		1,508,891
# *	SAM KANG M&T Co. Ltd.		101,098		1,629,901
	Sam Young Electronics Co. Ltd.		45,179		383,045
#	Sam Yung Trading Co. Ltd.		77,884		873,586
	Sambo Corrugated Board Co. Ltd.		7,239		77,963
	Sambo Motors Co. Ltd.		41,637		172,658
*	Sambu Engineering & Construction Co. Ltd.		297,390		621,845
	Samchully Co. Ltd.		7,387		665,624
#	Samchuly Bicycle Co. Ltd.		32,237		265,325
#	Samho Development Co. Ltd.		64,421		262,630
	SAMHWA Paints Industrial Co. Ltd.		42,263		319,161
	Samick Musical Instruments Co. Ltd.		219,742		301,117
#	Samick THK Co. Ltd.		33,011		353,155
	Samil Pharmaceutical Co. Ltd.		41,660		280,820
	Samji Electronics Co. Ltd.		37,339		352,463
	Samjin LND Co. Ltd.		98,862		224,673
	Samjin Pharmaceutical Co. Ltd.		37,472		748,786
	Samkee Corp.		67,094		210,872
	Sammok S-Form Co. Ltd.		19,532		406,221
#	SAMPYO Cement Co. Ltd.		125,588		523,472
	Samsung Climate Control Co. Ltd.		1,221		12,331
*	Samsung Pharmaceutical Co. Ltd.		239,978		753,819
	Samsung Publishing Co. Ltd.		17,275		418,086
	SAMT Co. Ltd.		211,277		723,542
	Samwha Capacitor Co. Ltd.		30,739		1,326,852
	Samwha Electric Co. Ltd.		16,687		341,410
	Samyang Corp.		13,067		566,852
	Samyang Foods Co. Ltd.		14,950		1,154,140
	Samyang Holdings Corp.		14,461		988,653
	Samyang Packaging Corp.		3,554		64,651
	Samyang Tongsang Co. Ltd.		5,256		240,238
*	Samyoung Chemical Co. Ltd.		36,545		91,843
#	Sang-A Frontec Co. Ltd.		37,243		1,142,231
*	Sangbo Corp.		112,085		166,833
	Sangsangin Co. Ltd.		132,825		1,192,453
	Sangsin Energy Display Precision Co. Ltd.		41,631		538,813
	SaraminHR Co. Ltd.		26,768		887,505
	Satrec Initiative Co. Ltd.		22,788		883,999
	SAVEZONE I&C Corp.		84,187		241,951
*	SBI Investment Korea Co. Ltd.		369,126		490,809
*	SBW		962,183		682,107
*	SBW Life Sciences Co. Ltd.		9,750		34,850
*	SC Engineering Co. Ltd.		8,000		15,537
	SCI Information Service, Inc.		18,181		53,020

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	S-Connect Co. Ltd.		208,292	$	241,118
# *	SDN Co. Ltd.		224,182		363,030
	Seah Besteel Corp.		51,280		735,453
	SeAH Holdings Corp.		3,283		313,960
	SeAH Steel Corp.		3,893		498,567
	SeAH Steel Holdings Corp.		6,517		739,031
	Sebang Co. Ltd.		47,246		457,662
#	Sebang Global Battery Co. Ltd.		23,610		1,408,064
	Secuve Co. Ltd.		194,895		217,534
	Segyung Hitech Co. Ltd.		5,861		103,727
	Sejin Heavy Industries Co. Ltd.		46,649		260,197
	Sejong Industrial Co. Ltd.		53,849		303,015
	Sejong Telecom, Inc.		1,627,463		673,790
*	Sekonix Co. Ltd.		47,555		393,748
*	Selvas AI, Inc.		61,638		382,385
	Sempio Foods Co.		9,478		362,028
	Semyung Electric Machinery Co. Ltd.		8,458		30,174
*	S-Energy Co. Ltd.		61,031		184,369
#	Seobu T&D		131,892		1,113,749
	Seohan Co. Ltd.		290,737		398,148
#	Seojin System Co. Ltd.		53,856		820,339
	Seoul Auction Co. Ltd.		41,464		720,131
	Seoul City Gas Co. Ltd.		1,738		256,220
*	Seoul Food Industrial Co. Ltd.		1,520,855		411,358
# *	Seoul Pharma Co. Ltd.		20,036		98,053
#	Seoul Semiconductor Co. Ltd.		176,111		1,873,962
#	Seoul Viosys Co. Ltd.		27,029		190,957
#	Seoulin Bioscience Co. Ltd.		29,361		346,840
#	Seowon Co. Ltd.		125,696		204,833
	SEOWONINTECH Co. Ltd.		30,564		157,465
#	Seoyon Co. Ltd.		56,279		357,652
	Seoyon E-Hwa Co. Ltd.		37,029		200,162
	Settle Bank, Inc.		7,138		151,447
	Sewha P&C, Inc.		69,084		110,487
*	Sewon E&C Co. Ltd.		518,090		403,628
††	Sewon Precision Industry Co. Ltd.		25,563		30,873
	Sewoon Medical Co. Ltd.		90,686		273,915
	SFA Engineering Corp.		69,338		2,169,946
*	SFA Semicon Co. Ltd.		282,264		1,449,088
	S-Fuelcell Co. Ltd.		8,387		157,548
*	SG Corp.		525,085		307,901
	SGC e Tec E&C Co. Ltd.		6,274		280,348
	SGC Energy Co. Ltd.		2,940		118,316
	SH Energy & Chemical Co. Ltd.		396,837		483,171
	Shin Heung Energy & Electronics Co. Ltd.		8,995		466,328
# *	Shin Poong Pharmaceutical Co. Ltd.		86,375		2,060,214
	Shindaeyang Paper Co. Ltd.		7,142		530,593
	Shinil Electronics Co. Ltd.		281,602		508,148
	Shinsegae Engineering & Construction Co. Ltd.		10,514		287,429
	Shinsegae Food Co. Ltd.		5,515		317,212
	Shinsegae International, Inc.		42,090		1,045,129
	Shinsegae, Inc.		367		71,512
	Shinsung Delta Tech Co. Ltd.		44,703		482,539
*	Shinsung E&G Co. Ltd.		610,324		910,392
*	Shinsung Tongsang Co. Ltd.		132,710		367,033
*	Shinwha Intertek Corp.		107,691		261,102
	Shinwon Corp.		193,213		293,584
	Shinyoung Securities Co. Ltd.		17,134		784,480
*	Showbox Corp.		131,610		614,225

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares			Value»
SOUTH KOREA — (Continued)
*	Signetics Corp.		215,282		$	426,714
#	SIGONG TECH Co. Ltd.		35,400			211,868
#	Silla Co. Ltd.		28,011			297,889
#	Simmtech Co. Ltd.		66,827			2,575,524
	SIMPAC, Inc.		57,924			407,673
	Sindoh Co. Ltd.		18,787			489,649
	Sinil Pharm Co. Ltd.		3,891			30,769
*	SinSin Pharmaceutical Co. Ltd.		32,598			153,788
	SJ Group Co. Ltd.		8,579			174,167
	SK D&D Co. Ltd.		37,022			837,580
	SK Discovery Co. Ltd.		43,232			1,416,240
	SK Gas Ltd.		8,403			793,898
	SK Networks Co. Ltd.		523,534			1,998,550
*	SK Rent A Car Co. Ltd.		13,962			123,863
	SK Securities Co. Ltd.		1,445,309			983,627
#	SL Corp.		62,074			1,304,807
*	SM Culture & Contents Co. Ltd.		211,274			713,248
#	SM Entertainment Co. Ltd.		73,771			3,933,319
*	SM Life Design Group Co. Ltd.		104,568			226,192
*	S-MAC Co. Ltd.		189,827			511,596
	SMCore, Inc.		57,045			300,088
*	SMEC Co. Ltd.		74,906			116,970
	SNT Dynamics Co. Ltd.		47,745			333,057
	SNT Energy Co. Ltd.		1			14
	SNT Holdings Co. Ltd.		27,174			375,063
#	SNT Motiv Co. Ltd.		32,603			1,227,272
*	SNU Precision Co. Ltd.		93,080			264,506
*	Solborn, Inc.		54,990			219,154
*	Solid, Inc.		235,744			1,227,318
	Songwon Industrial Co. Ltd.		50,995			1,083,275
*	Sonid, Inc.		175,448			123,206
*	Sonokong Co. Ltd.		81,520			179,932
	Soosan Heavy Industries Co. Ltd.		50,388			133,629
	Soulbrain Co. Ltd.		11,324			2,177,632
	Soulbrain Holdings Co. Ltd.		19,846			441,965
	SPC Samlip Co. Ltd.		9,303			662,109
	Speco Co. Ltd.		10,580			56,532
#	SPG Co. Ltd.		47,728			605,661
#	Spigen Korea Co. Ltd.		14,134			498,562
* ††	Ssangyong Motor Co.		208,506			86,220
	ST Pharm Co. Ltd.		33,206			2,548,497
	STIC Investments, Inc.		131,059			1,070,173
*	Straffic Co. Ltd.		55,240			184,638
*	STX Heavy Industries Co. Ltd.		5,234			21,285
*	Sugentech, Inc.		18,435	��		158,357
	Suheung Co. Ltd.		22,312			686,812
	Sun Kwang Co. Ltd.		16,326			947,388
	Sung Bo Chemicals Co. Ltd.		39,494			138,352
	Sung Kwang Bend Co. Ltd.		68,556			523,969
*	Sungchang Enterprise Holdings Ltd.		214,939			493,530
	Sungdo Engineering & Construction Co. Ltd.		38,063			175,139
#	Sungshin Cement Co. Ltd.		59,213			612,251
#	Sungwoo Hitech Co. Ltd.		196,682			761,280
#	Sunjin Co. Ltd.		54,492			572,655
*	Sunny Electronics Corp.		114,566			297,531
*	Suprema, Inc.		19,643			377,730
	SV Investment Corp.		106,865			281,500
*	Synergy Innovation Co. Ltd.		105,399			342,828
*	Synopex, Inc.		276,606			631,978

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
	Systems Technology, Inc.		47,722	$	756,731
	Tae Kyung Industrial Co. Ltd.		44,125		257,948
	Taekwang Industrial Co. Ltd.		1,200		965,089
	Taekyung BK Co. Ltd.		21,499		85,651
*	Taewoong Co. Ltd.		56,071		560,264
#	Taeyoung Engineering & Construction Co. Ltd.		85,762		671,418
# *	Taihan Electric Wire Co. Ltd.		1,191,561		1,696,941
*	Taihan Fiberoptics Co. Ltd.		240,155		446,998
*	Taihan Textile Co. Ltd.		2,843		112,414
	Tailim Packaging Co. Ltd.		63,432		215,557
	TechWing, Inc.		55,153		947,137
*	Tego Science, Inc.		8,956		122,238
# *	Telcon RF Pharmaceutical, Inc.		277,957		447,964
	Telechips, Inc.		41,190		556,108
*	TERA SCIENCE Co. Ltd.		59,287		110,867
	TES Co. Ltd.		60,845		1,332,989
# *	Theragen Etex Co. Ltd.		125,206		509,300
# *	Thinkware Systems Corp.		27,004		384,068
# *	TK Chemical Corp.		47,613		185,920
	TK Corp.		63,239		537,159
*	Tkg Aikang Co. Ltd.		126,662		214,605
#	TKG Huchems Co. Ltd.		72,732		1,277,957
	Tokai Carbon Korea Co. Ltd.		20,029		2,226,781
	Tongyang Life Insurance Co. Ltd.		175,065		931,865
	Tongyang, Inc.		548,179		678,223
*	Tonymoly Co. Ltd.		5,579		30,783
*	Top Engineering Co. Ltd.		52,518		292,971
# *	Toptec Co. Ltd.		94,206		632,740
	Tovis Co. Ltd.		56,715		411,812
	TS Corp.		140,490		457,292
# *	TS Nexgen Co. Ltd.		214,635		271,464
*	Tuksu Construction Co. Ltd.		31,513		305,117
*	TY Holdings Co. Ltd.		103,150		2,065,874
	TYM Corp.		469,563		886,333
	UBCare Co. Ltd.		91,237		505,707
#	Ubiquoss Holdings, Inc.		32,753		455,429
	Ubiquoss, Inc.		26,517		494,423
#	Uju Electronics Co. Ltd.		27,100		574,258
	Uni-Chem Co. Ltd.		231,115		241,363
*	Unick Corp.		53,999		334,080
	Unid Co. Ltd.		20,558		2,052,004
	Union Materials Corp.		28,259		65,555
	Union Semiconductor Equipment & Materials Co. Ltd.		97,536		834,250
	Uniquest Corp.		58,434		552,897
# *	Unison Co. Ltd.		144,697		266,873
*	Unitekno Co. Ltd.		35,122		235,178
*	UniTest, Inc.		64,597		1,291,370
	UTI, Inc.		20,721		247,986
	V One Tech Co. Ltd.		2,367		18,837
	Value Added Technology Co. Ltd.		30,227		959,963
*	Very Good Tour Co. Ltd.		14,277		156,733
	Viatron Technologies, Inc.		44,382		384,234
	VICTEK Co. Ltd.		91,039		500,050
*	Vidente Co. Ltd.		21,489		234,367
	Vieworks Co. Ltd.		30,239		952,662
*	Vina Tech Co. Ltd.		9,178		279,295
	Visang Education, Inc.		28,996		176,471
	Vitzro Tech Co. Ltd.		13,726		103,361
	Vitzrocell Co. Ltd.		56,346		578,793

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
# * ††	VitzroSys Co. Ltd.		4,135	$	2,222
*	Vivien Corp.		30,093		62,072
*	Vivozon Healthcare, Inc.		127,653		107,153
*	VT GMP Co. Ltd.		42,957		236,503
	Webcash Corp.		13,826		266,000
# *	Webzen, Inc.		56,800		988,847
	Welcron Co. Ltd.		109,997		344,125
*	Wellbiotec Co. Ltd.		49,894		71,629
	Wemade Co. Ltd.		38,461		2,282,042
*	Wemade Play Co. Ltd.		21,764		507,258
	Whanin Pharmaceutical Co. Ltd.		46,587		670,423
*	WI Co. Ltd.		76,696		84,167
	Wiable Corp.		50,709		113,959
*	WillBes & Co		251,810		259,688
#	Winix, Inc.		34,410		442,992
*	Winpac, Inc.		16,190		23,437
	Wins Co. Ltd.		26,610		356,886
#	WiSoL Co. Ltd.		74,628		660,674
*	WIZIT Co. Ltd.		395,737		377,414
*	WONIK CUBE Corp.		58,473		153,163
# *	Wonik Holdings Co. Ltd.		180,323		697,040
#	WONIK IPS Co. Ltd.		71,589		2,241,609
	Wonik Materials Co. Ltd.		27,417		804,462
*	Wonik Pne Co. Ltd.		42,476		961,529
#	Wonik QnC Corp.		62,589		1,481,420
	Woojin Plaimm Co. Ltd.		3,881		14,722
	Woojin, Inc.		5,687		43,192
*	Woongjin Co. Ltd.		9,674		12,865
	Woongjin Thinkbig Co. Ltd.		16,926		39,379
*	Wooree Bio Co. Ltd.		12,108		40,686
	Woori Investment Bank Co. Ltd.		1,558,405		1,063,694
# *	Woori Technology, Inc.		601,518		1,064,911
*	Wooriro Co. Ltd.		16,683		4,757
	Woorison F&G Co. Ltd.		163,424		346,539
	Woory Industrial Co. Ltd.		24,738		352,681
*	Woosu AMS Co. Ltd.		106,413		336,004
#	WooSung Co. Ltd.		6,452		169,399
*	Woowon Development Co. Ltd.		34,932		161,602
	Worldex Industry & Trading Co. Ltd.		49,210		1,020,149
	Y G-1 Co. Ltd.		61,821		442,786
# *	Y2 Solution Co. Ltd.		88,983		26,567
	YAS Co. Ltd.		1,670		17,473
	YBM NET, Inc.		18,867		87,066
*	Y-entec Co. Ltd.		25,880		264,359
*	Yeong Hwa Metal Co. Ltd.		44,151		61,507
*	Yest Co. Ltd.		54,484		333,667
	YG Entertainment, Inc.		42,279		1,877,838
*	YG PLUS		63,361		345,325
*	YIK Corp.		98,562		396,946
*	YJM Games Co. Ltd.		191,657		464,802
	YMC Co. Ltd.		54,027		312,069
	YMT Co. Ltd.		19,799		315,463
	Yonwoo Co. Ltd.		12,390		242,047
	Yoosung Enterprise Co. Ltd.		80,477		196,557
	Youlchon Chemical Co. Ltd.		35,492		631,898
	Young Poong Corp.		795		429,269
	Young Poong Precision Corp.		41,022		330,690
	Youngone Corp.		34,250		1,290,854
	Youngone Holdings Co. Ltd.		22,452		913,346

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
SOUTH KOREA — (Continued)
*	YoungWoo DSP Co. Ltd.		125,945	$	230,494
	YTN Co. Ltd.		73,837		207,048
	Yuanta Securities Korea Co. Ltd.		340,341		957,979
	YuHwa Securities Co. Ltd.		96,255		200,063
*	Yungjin Pharmaceutical Co. Ltd.		288,050		1,120,391
	Yuyu Pharma, Inc.		8,551		49,963
	Zeus Co. Ltd.		28,507		623,009
	Zinus, Inc.		26,920		1,371,954

TOTAL SOUTH KOREA					661,751,332

TAIWAN — (16.6%)
#	ABC Taiwan Electronics Corp.		300,977		222,518
	Abico Avy Co. Ltd.		474,841		356,943
#	Ability Enterprise Co. Ltd.		926,293		714,929
# *	Ability Opto-Electronics Technology Co. Ltd.		262,776		511,695
	Abnova Corp.		34,000		81,777
#	AcBel Polytech, Inc.		1,377,599		1,326,694
#	ACES Electronic Co. Ltd.		420,822		583,103
*	Acon Holding, Inc.		801,000		320,192
	Acter Group Corp. Ltd.		184,490		1,240,398
	Action Electronics Co. Ltd.		729,000		301,054
#	ADATA Technology Co. Ltd.		908,879		2,138,918
#	Addcn Technology Co. Ltd.		111,564		796,588
#	Advanced Ceramic X Corp.		166,000		1,362,701
#	Advanced International Multitech Co. Ltd.		441,000		1,261,356
# *	Advanced Optoelectronic Technology, Inc.		457,000		307,091
#	Advanced Power Electronics Corp.		138,000		410,268
#	Advancetek Enterprise Co. Ltd.		1,200,519		919,478
	AEON Motor Co. Ltd.		24,359		43,163
	Aerospace Industrial Development Corp.		2,123,000		2,372,367
# *	AGV Products Corp.		1,543,433		607,128
	Airmate Cayman International Co. Ltd.		38,719		26,533
#	Alexander Marine Co. Ltd.		46,000		235,014
# *	ALI Corp.		743,775		654,161
#	All Ring Tech Co. Ltd.		100,000		383,364
#	Allied Circuit Co. Ltd.		113,000		539,482
#	Allis Electric Co. Ltd.		640,367		585,870
#	Alltek Technology Corp.		513,355		655,659
#	Alltop Technology Co. Ltd.		92,774		506,832
#	Alpha Networks, Inc.		1,453,158		1,402,781
#	Altek Corp.		971,945		1,201,851
	Amazing Microelectronic Corp.		262,085		1,149,287
*	Ambassador Hotel		1,135,000		1,208,534
*	AMICCOM Electronics Corp.		25,000		26,177
#	Ampire Co. Ltd.		348,000		298,176
#	AMPOC Far-East Co. Ltd.		346,444		476,270
	AmTRAN Technology Co. Ltd.		2,840,463		1,381,138
#	Anderson Industrial Corp.		290,416		89,707
#	Anpec Electronics Corp.		224,007		1,401,670
	Apac Opto Electronics, Inc.		147,000		175,396
#	Apacer Technology, Inc.		345,325		480,118
#	APAQ Technology Co. Ltd.		202,120		367,200
#	APCB, Inc.		485,000		317,380
	Apex Biotechnology Corp.		338,483		310,148
	Apex International Co. Ltd.		556,470		1,767,976
#	Apex Medical Corp.		220,500		258,421
	Apex Science & Engineering		623,132		212,981
#	Apogee Optocom Co. Ltd.		53,000		121,302
#	Arcadyan Technology Corp.		533,055		2,274,325

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Ardentec Corp.		1,505,274	$	2,187,533
#	Argosy Research, Inc.		233,396		731,003
#	Asia Electronic Material Co. Ltd.		331,000		234,553
#	Asia Optical Co., Inc.		879,000		2,080,017
*	Asia Pacific Telecom Co. Ltd.		6,978,999		1,785,700
*	Asia Plastic Recycling Holding Ltd.		913,182		200,299
#	Asia Polymer Corp.		1,343,996		1,646,369
#	Asia Tech Image, Inc.		211,000		407,394
#	Asia Vital Components Co. Ltd.		1,042,058		3,603,259
	ASolid Technology Co. Ltd.		27,000		102,355
#	ASROCK, Inc.		171,000		943,089
	ATE Energy International Co. Ltd.		10,274		10,671
	Aten International Co. Ltd.		350,479		958,529
#	Audix Corp.		279,600		487,907
#	AURAS Technology Co. Ltd.		229,148		1,273,055
#	Aurona Industries, Inc.		246,000		170,765
	Aurora Corp.		262,349		802,267
#	Avalue Technology, Inc.		190,000		398,112
	Aver Information, Inc.		31,000		56,892
	Awea Mechantronic Co. Ltd.		132,210		137,328
#	Axiomtek Co. Ltd.		223,000		445,064
# *	Azurewave Technologies, Inc.		345,000		229,033
#	Bafang Yunji International Co. Ltd.		52,000		225,900
	Bank of Kaohsiung Co. Ltd.		2,442,072		1,166,685
#	Baolong International Co. Ltd.		295,000		194,802
	Basso Industry Corp.		472,900		669,807
#	BenQ Materials Corp.		650,000		693,460
#	BES Engineering Corp.		5,374,750		1,729,192
#	Bin Chuan Enterprise Co. Ltd.		372,070		326,205
	Bionet Corp.		140,000		191,621
#	Bionime Corp.		133,000		326,307
#	Biostar Microtech International Corp.		631,975		394,701
	Bioteque Corp.		245,308		917,009
#	Bizlink Holding, Inc.		495,492		4,958,421
	Bon Fame Co. Ltd.		71,000		102,540
	Brave C&H Supply Co. Ltd.		20,000		48,056
#	Bright Led Electronics Corp.		375,520		233,191
#	Brighton-Best International Taiwan, Inc.		1,504,318		1,786,297
#	Brillian Network & Automation Integrated System Co. Ltd.		17,000		63,591
	Browave Corp.		197,000		301,106
#	C Sun Manufacturing Ltd.		515,504		767,740
*	Cameo Communications, Inc.		745,645		236,665
#	Capital Futures Corp.		335,895		417,010
	Capital Securities Corp.		6,210,501		3,276,955
#	Career Technology MFG. Co. Ltd.		1,770,459		1,241,109
#	Carnival Industrial Corp.		415,353		167,035
	Castles Technology Co. Ltd.		28,000		33,813
	Caswell, Inc.		12,000		32,656
	Cathay Chemical Works		30,000		23,746
	Cathay Real Estate Development Co. Ltd.		2,062,700		1,284,671
#	Cayman Engley Industrial Co. Ltd.		152,099		354,931
#	CCP Contact Probes Co. Ltd.		137,000		264,433
#	Celxpert Energy Corp.		280,000		347,608
	Center Laboratories, Inc.		1,396,049		2,977,135
#	Central Reinsurance Co. Ltd.		504,380		511,331
#	Century Iron & Steel Industrial Co. Ltd.		309,000		1,321,992
# *	Chain Chon Industrial Co. Ltd.		651,484		429,355
	ChainQui Construction Development Co. Ltd.		451,080		245,731
# *	Champion Building Materials Co. Ltd.		903,851		356,508

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Champion Microelectronic Corp.		17,000	$	40,129
#	Chang Wah Electromaterials, Inc.		1,362,350		1,611,216
#	Chang Wah Technology Co. Ltd.		494,170		1,493,267
#	Channel Well Technology Co. Ltd.		680,000		817,722
	Charoen Pokphand Enterprise		634,985		1,743,104
	CHC Healthcare Group		402,000		619,123
	CHC Resources Corp.		346,282		554,628
#	Chen Full International Co. Ltd.		342,000		475,721
#	Chenbro Micom Co. Ltd.		212,000		479,341
#	Cheng Loong Corp.		2,785,383		3,141,485
# *	Cheng Mei Materials Technology Corp.		2,509,900		1,004,938
	Cheng Uei Precision Industry Co. Ltd.		1,357,331		1,557,275
#	Chenming Electronic Technology Corp.		287,437		130,376
#	Chia Chang Co. Ltd.		378,000		576,496
#	Chia Hsin Cement Corp.		1,726,121		1,156,954
#	Chian Hsing Forging Industrial Co. Ltd.		138,000		177,054
	Chicony Electronics Co. Ltd.		143,000		397,772
#	Chicony Power Technology Co. Ltd.		496,454		1,170,822
	Chief Telecom, Inc.		6,000		57,883
#	Chieftek Precision Co. Ltd.		226,225		567,224
	Chien Kuo Construction Co. Ltd.		658,249		306,056
	Chien Shing Harbour Service Co. Ltd.		16,000		25,592
	Chime Ball Technology Co. Ltd.		106,840		130,232
	China Bills Finance Corp.		2,733,000		1,638,504
#	China Chemical & Pharmaceutical Co. Ltd.		904,000		742,889
#	China Ecotek Corp.		145,000		202,716
#	China Electric Manufacturing Corp.		864,959		526,545
#	China Fineblanking Technology Co. Ltd.		159,242		212,093
#	China General Plastics Corp.		1,524,461		1,705,443
#	China Glaze Co. Ltd.		310,002		133,485
#	China Man-Made Fiber Corp.		4,721,390		1,364,977
	China Metal Products		1,069,603		1,190,717
	China Motor Corp.		820,600		1,627,223
# *	China Petrochemical Development Corp.		13,710,553		5,427,256
#	China Steel Chemical Corp.		591,554		2,278,293
#	China Steel Structure Co. Ltd.		282,000		555,581
	China Wire & Cable Co. Ltd.		276,160		255,452
#	Chinese Maritime Transport Ltd.		316,594		554,031
#	Ching Feng Home Fashions Co. Ltd.		544,409		328,640
#	Chin-Poon Industrial Co. Ltd.		1,525,207		1,536,703
#	Chipbond Technology Corp.		2,402,000		5,400,991
	ChipMOS Technologies, Inc.		2,008,076		3,123,564
	Chlitina Holding Ltd.		186,000		1,166,121
#	Chong Hong Construction Co. Ltd.		686,665		1,703,083
#	Chun YU Works & Co. Ltd.		501,000		506,748
#	Chun Yuan Steel Industry Co. Ltd.		1,806,529		1,294,847
#	Chung Hsin Electric & Machinery Manufacturing Corp.		1,402,375		2,568,605
#	Chung Hung Steel Corp.		2,332,979		2,943,374
	Chung Hwa Food Industrial Co. Ltd.		125,535		484,744
# *	Chung Hwa Pulp Corp.		1,434,405		920,448
#	Chunghwa Chemical Synthesis & Biotech Co. Ltd.		139,000		284,297
	Chunghwa Precision Test Tech Co. Ltd.		10,000		158,068
#	Chyang Sheng Dyeing & Finishing Co. Ltd.		397,000		187,665
	Cleanaway Co. Ltd.		294,000		1,989,763
	Clevo Co.		1,624,200		1,855,730
#	CMC Magnetics Corp.		4,206,498		1,260,939
#	C-Media Electronics, Inc.		48,000		84,943
#	CoAsia Electronics Corp.		441,378		183,396
#	Collins Co. Ltd.		445,431		257,139

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	Compeq Manufacturing Co. Ltd.		1,096,000	$	1,672,376
#	Compucase Enterprise		278,000		276,463
#	Concord Securities Co. Ltd.		1,728,796		799,953
#	Concraft Holding Co. Ltd.		212,841		160,740
#	Continental Holdings Corp.		1,390,320		1,253,506
	Contrel Technology Co. Ltd.		513,000		316,976
#	Coremax Corp.		258,065		1,101,279
	Coretronic Corp.		1,303,200		2,483,676
#	Co-Tech Development Corp.		795,533		1,545,329
#	Cowealth Medical Holding Co. Ltd.		175,972		178,760
*	Coxon Precise Industrial Co. Ltd.		116,000		47,776
# *	CSBC Corp. Taiwan		1,758,677		1,242,674
	CTCI Corp.		2,093,000		3,295,240
# *	C-Tech United Corp.		191,878		117,245
#	Cub Elecparts, Inc.		235,297		1,088,607
#	CviLux Corp.		266,040		351,902
	CX Technology Co. Ltd.		7,000		9,172
	Cyberlink Corp.		199,697		556,434
#	CyberPower Systems, Inc.		242,000		539,767
#	CyberTAN Technology, Inc.		1,264,779		946,237
#	Cypress Technology Co. Ltd.		169,489		397,691
#	DA CIN Construction Co. Ltd.		1,101,711		1,166,500
	Dadi Early-Childhood Education Group Ltd.		21,357		78,563
	Dafeng TV Ltd.		304,870		492,150
# *	Da-Li Development Co. Ltd.		1,413,747		1,482,600
*	Danen Technology Corp.		422,421		220,097
	Darfon Electronics Corp.		823,550		1,311,440
# *	Darwin Precisions Corp.		1,583,635		562,606
#	Davicom Semiconductor, Inc.		44,888		43,623
#	Daxin Materials Corp.		225,200		786,518
#	De Licacy Industrial Co. Ltd.		1,155,511		594,909
	Depo Auto Parts Ind Co. Ltd.		377,000		732,261
* ††	Der Pao Construction Co. Ltd.		476,000		0
#	Dimerco Data System Corp.		210,097		516,283
#	Dimerco Express Corp.		443,880		1,540,998
	D-Link Corp.		2,097,855		1,193,762
	Donpon Precision, Inc.		104,000		70,074
	Dr Wu Skincare Co. Ltd.		33,000		89,263
#	Draytek Corp.		247,000		259,634
	Dyaco International, Inc.		142,813		198,567
	DYNACOLOR, Inc.		94,000		110,040
#	Dynamic Electronics Co. Ltd.		992,707		707,656
#	Dynapack International Technology Corp.		492,000		1,330,534
#	E & R Engineering Corp.		56,000		140,405
	Eastern Media International Corp.		1,222,235		1,189,575
	ECOVE Environment Corp.		113,000		939,923
#	Edimax Technology Co. Ltd.		624,108		227,399
	Edison Opto Corp.		416,000		230,407
	Edom Technology Co. Ltd.		732,964		868,327
#	eGalax_eMPIA Technology, Inc.		192,094		485,521
#	Egis Technology, Inc.		243,000		901,446
#	Elan Microelectronics Corp.		1,014,400		5,116,757
#	E-LIFE MALL Corp.		295,000		861,604
#	Elite Advanced Laser Corp.		522,226		762,382
#	Elite Semiconductor Microelectronics Technology, Inc.		958,200		3,932,060
#	Elitegroup Computer Systems Co. Ltd.		1,259,254		793,341
#	Emerging Display Technologies Corp.		499,000		302,120
#	Ennoconn Corp.		251,938		1,662,686
# *	Ennostar, Inc.		2,037,462		3,990,812

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	EnTie Commercial Bank Co. Ltd.		2,292,603	$	1,212,665
	Eslite Spectrum Corp. (The)		53,000		97,229
#	Eson Precision Ind Co. Ltd.		331,000		641,595
	Eternal Materials Co. Ltd.		3,259,985		4,178,795
#	Eurocharm Holdings Co. Ltd.		107,000		546,293
*	Everest Textile Co. Ltd.		1,642,762		480,291
	Evergreen International Storage & Transport Corp.		1,762,000		2,120,375
#	Evergreen Steel Corp.		70,000		138,516
#	Everlight Chemical Industrial Corp.		1,752,606		1,330,520
#	Everlight Electronics Co. Ltd.		1,472,000		2,129,990
# *	Everspring Industry Co. Ltd.		522,000		363,665
#	Excellence Opto, Inc.		72,000		55,333
#	Excelliance Mos Corp.		59,000		330,790
#	Excelsior Medical Co. Ltd.		360,209		844,519
#	EZconn Corp.		159,800		199,290
	Far Eastern Department Stores Ltd.		3,516,000		2,473,340
	Far Eastern International Bank		7,359,256		2,976,268
#	Farglory F T Z Investment Holding Co. Ltd.		440,957		759,855
	Farglory Land Development Co. Ltd.		878,000		1,995,746
#	Federal Corp.		1,231,238		940,730
#	Feedback Technology Corp.		119,200		303,779
	Feng Hsin Steel Co. Ltd.		1,694,100		4,769,934
#	Firich Enterprises Co. Ltd.		181,613		168,988
#	First Hi-Tec Enterprise Co. Ltd.		256,580		428,408
	First Hotel		713,350		337,413
	First Insurance Co. Ltd.		900,179		492,443
# *	First Steamship Co. Ltd.		2,334,612		861,252
#	FIT Holding Co. Ltd.		485,456		563,072
	Fittech Co. Ltd.		89,000		473,297
#	FLEXium Interconnect, Inc.		1,239,087		3,844,273
	Flytech Technology Co. Ltd.		424,309		1,044,906
#	FOCI Fiber Optic Communications, Inc.		199,000		175,808
#	Forcecon Tech Co. Ltd.		62,000		150,732
#	Forest Water Environment Engineering Co. Ltd.		168,132		179,128
#	Formosa Advanced Technologies Co. Ltd.		589,000		772,845
#	Formosa International Hotels Corp.		223,329		1,302,563
# *	Formosa Laboratories, Inc.		363,089		776,691
#	Formosa Oilseed Processing Co. Ltd.		222,567		438,799
#	Formosa Optical Technology Co. Ltd.		137,000		293,273
	Formosa Taffeta Co. Ltd.		1,007,000		923,853
	Formosan Rubber Group, Inc.		869,952		654,201
#	Formosan Union Chemical		1,170,733		1,021,386
#	Fortune Electric Co. Ltd.		218,078		279,835
#	Founding Construction & Development Co. Ltd.		663,623		424,436
#	Foxsemicon Integrated Technology, Inc.		248,027		1,780,430
*	Franbo Lines Corp.		40,000		35,406
#	Froch Enterprise Co. Ltd.		581,189		638,809
#	FSP Technology, Inc.		560,427		774,398
#	Fulgent Sun International Holding Co. Ltd.		462,748		2,404,369
#	Fullerton Technology Co. Ltd.		391,600		246,327
# *	Fulltech Fiber Glass Corp.		1,356,313		604,926
#	Fusheng Precision Co. Ltd.		79,000		581,360
#	Fwusow Industry Co. Ltd.		821,138		732,374
#	G Shank Enterprise Co. Ltd.		586,281		914,428
#	Gallant Precision Machining Co. Ltd.		111,000		108,644
	Gamania Digital Entertainment Co. Ltd.		445,000		957,690
*	GCS Holdings, Inc.		299,000		403,505
#	GEM Services, Inc.		200,570		531,800
*	GEM Terminal Industrial Co. Ltd.		16,000		11,466

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	Gemtek Technology Corp.		1,413,219	$	1,443,962
	General Interface Solution Holding Ltd.		910,000		2,798,834
#	General Plastic Industrial Co. Ltd.		275,357		286,247
#	Generalplus Technology, Inc.		195,000		446,098
#	GeneReach Biotechnology Corp.		18,000		103,346
#	Genesys Logic, Inc.		290,000		1,888,288
#	Genius Electronic Optical Co. Ltd.		188,917		2,378,179
#	Genmont Biotech, Inc.		220,000		200,589
#	GeoVision, Inc.		282,096		285,113
	Getac Holdings Corp.		1,537,360		2,389,749
#	GFC Ltd.		229,600		535,962
# *	Giantplus Technology Co. Ltd.		1,008,900		355,710
#	Gigasolar Materials Corp.		20,880		102,555
*	Gigastorage Corp.		22,965		17,032
#	Global Brands Manufacture Ltd.		957,730		1,047,301
#	Global Lighting Technologies, Inc.		284,000		564,229
	Global Mixed Mode Technology, Inc.		242,000		1,615,227
#	Global PMX Co. Ltd.		179,000		749,152
	Globe Union Industrial Corp.		889,914		370,401
	Gloria Material Technology Corp.		1,515,547		1,464,871
*	Glotech Industrial Corp.		270,000		138,870
*	GlycoNex, Inc.		258,000		246,112
#	Gold Circuit Electronics Ltd.		1,431,227		3,944,362
	Goldsun Building Materials Co. Ltd.		3,373,587		3,313,198
	Good Will Instrument Co. Ltd.		238,869		233,058
#	Gourmet Master Co. Ltd.		350,000		1,088,966
#	Grand Fortune Securities Co. Ltd.		854,691		542,347
#	Grand Ocean Retail Group Ltd.		304,000		166,298
#	Grand Pacific Petrochemical		3,359,000		2,932,416
	Grand Process Technology Corp.		81,000		795,332
#	GrandTech CG Systems, Inc.		192,750		349,566
	Grape King Bio Ltd.		425,000		2,065,497
#	Great China Metal Industry		605,000		536,948
	Great Taipei Gas Co. Ltd.		1,444,000		1,625,173
#	Great Tree Pharmacy Co. Ltd.		56,205		511,753
	Great Wall Enterprise Co. Ltd.		2,291,430		4,085,080
	Greatek Electronics, Inc.		1,109,000		2,579,476
* ††	Green Energy Technology, Inc.		1,570,850		0
#	GTM Holdings Corp.		431,150		392,195
#	Hai Kwang Enterprise Corp.		94,000		89,135
#	Hannstar Board Corp.		1,433,954		1,853,826
#	HannStar Display Corp.		3,639,505		1,597,777
#	HannsTouch Solution, Inc.		2,071,782		811,055
	Hanpin Electron Co. Ltd.		248,000		217,564
#	Harvatek Corp.		562,949		396,469
	Heran Co. Ltd.		6,000		23,320
#	Hey Song Corp.		1,478,750		1,788,257
	Hi-Clearance, Inc.		92,964		472,537
#	Highlight Tech Corp.		321,281		571,891
	Highwealth Construction Corp.		409,000		648,185
	HIM International Music, Inc.		60,710		168,822
#	Hiroca Holdings Ltd.		234,448		403,457
#	Hitron Technology, Inc.		472,557		324,537
#	Ho Tung Chemical Corp.		3,178,684		1,084,547
#	Hocheng Corp.		1,038,700		486,291
	Hold-Key Electric Wire & Cable Co. Ltd.		164,726		74,852
#	Holiday Entertainment Co. Ltd.		275,800		518,205
#	Holtek Semiconductor, Inc.		682,000		2,117,712
#	Holy Stone Enterprise Co. Ltd.		522,910		2,007,033

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Hong Pu Real Estate Development Co. Ltd.		756,185	$	531,787
#	Hong TAI Electric Industrial		887,000		905,860
	Hong YI Fiber Industry Co.		440,652		349,370
#	Horizon Securities Co. Ltd.		1,072,000		578,286
#	Hota Industrial Manufacturing Co. Ltd.		769,299		1,958,320
	Hotai Finance Co. Ltd.		206,000		774,549
	Hotron Precision Electronic Industrial Co. Ltd.		86,994		180,965
#	Hsin Kuang Steel Co. Ltd.		194,000		417,562
#	Hsin Yung Chien Co. Ltd.		157,255		638,203
	Hsing TA Cement Co.		488,162		335,944
# *	HTC Corp.		714,000		1,121,680
	Hu Lane Associate, Inc.		276,737		958,018
#	HUA ENG Wire & Cable Co. Ltd.		1,108,565		804,502
	Hua Yu Lien Development Co. Ltd.		30,000		66,716
	Huaku Development Co. Ltd.		895,816		2,797,830
#	Huang Hsiang Construction Corp.		236,800		443,076
#	Hung Ching Development & Construction Co. Ltd.		598,000		575,032
	Hung Sheng Construction Ltd.		1,378,251		1,178,928
#	Huxen Corp.		119,244		208,811
#	Hwa Fong Rubber Industrial Co. Ltd.		823,812		412,791
# *	Hwacom Systems, Inc.		362,000		204,330
#	Hycon Technology Corp.		42,000		141,075
#	Ibase Technology, Inc.		649,206		1,096,170
#	IBF Financial Holdings Co. Ltd.		8,113,465		4,399,963
	Ichia Technologies, Inc.		981,000		514,671
# *	I-Chiun Precision Industry Co. Ltd.		725,567		900,672
*	Ideal Bike Corp.		55,000		21,965
	IEI Integration Corp.		466,832		700,654
#	Infortrend Technology, Inc.		778,163		392,981
#	Info-Tek Corp.		236,000		488,437
#	Innodisk Corp.		267,543		1,829,685
#	Inpaq Technology Co. Ltd.		349,950		612,918
#	Insyde Software Corp.		97,000		300,942
#	Intai Technology Corp.		145,400		407,412
# *	Integrated Service Technology, Inc.		292,326		487,219
#	IntelliEPI, Inc.		97,000		241,838
#	International CSRC Investment Holdings Co.		2,566,363		2,013,080
	International Games System Co. Ltd.		95,000		2,332,447
	Iron Force Industrial Co. Ltd.		178,393		400,981
#	I-Sheng Electric Wire & Cable Co. Ltd.		489,000		708,928
#	ITE Technology, Inc.		517,095		1,665,506
#	ITEQ Corp.		884,040		3,099,961
* ††	J Touch Corp.		11,000		0
#	Jarllytec Co. Ltd.		203,000		439,585
	Jentech Precision Industrial Co. Ltd.		238,868		3,016,767
	Jess-Link Products Co. Ltd.		338,925		445,574
	Jia Wei Lifestyle, Inc.		16,000		38,660
#	Jih Lin Technology Co. Ltd.		213,000		613,361
	Jiin Yeeh Ding Enterprise Co. Ltd.		34,000		39,775
#	Jinan Acetate Chemical Co. Ltd.		61,985		199,822
# *	Jinli Group Holdings Ltd.		297,681		104,919
#	Johnson Health Tech Co. Ltd.		240,000		468,202
*	Joinsoon Electronics Manufacturing Co. Ltd.		20,000		12,730
#	Jourdeness Group Ltd.		137,000		314,267
#	K Laser Technology, Inc.		586,000		410,072
#	Kaimei Electronic Corp.		460,229		1,009,524
#	Kaori Heat Treatment Co. Ltd.		304,197		545,630
#	Kaulin Manufacturing Co. Ltd.		442,330		220,479
	KEE TAI Properties Co. Ltd.		1,438,473		596,107

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Kenda Rubber Industrial Co. Ltd.		1,785,845	$	1,897,990
#	Kenmec Mechanical Engineering Co. Ltd.		687,000		536,262
#	Kerry TJ Logistics Co. Ltd.		732,000		1,104,978
	Key Ware Electronics Co. Ltd.		302,194		102,862
	Kindom Development Co. Ltd.		1,317,900		1,542,932
	King Chou Marine Technology Co. Ltd.		234,920		270,833
	King Slide Works Co. Ltd.		184,000		2,455,826
	King Yuan Electronics Co. Ltd.		2,975,979		4,029,864
	King’s Town Bank Co. Ltd.		3,027,701		3,996,458
# *	King’s Town Construction Co. Ltd.		333,074		384,348
#	Kinik Co.		350,000		1,504,958
# *	Kinko Optical Co. Ltd.		541,103		520,694
#	Kinpo Electronics		4,376,157		2,071,072
	KMC Kuei Meng International, Inc.		213,253		1,178,132
#	KNH Enterprise Co. Ltd.		589,020		479,868
#	KS Terminals, Inc.		461,482		1,114,802
	Kung Long Batteries Industrial Co. Ltd.		245,000		1,140,664
#	Kung Sing Engineering Corp.		1,616,290		439,569
#	Kuo Toong International Co. Ltd.		751,648		543,268
#	Kuo Yang Construction Co. Ltd.		729,899		495,888
#	Kwong Fong Industries Corp.		352,691		133,857
	Kwong Lung Enterprise Co. Ltd.		360,000		526,789
	KYE Systems Corp.		772,672		260,369
	L&K Engineering Co. Ltd.		635,048		622,029
#	La Kaffa International Co. Ltd.		87,701		291,733
*	LAN FA Textile		805,933		271,492
#	Land Mark Optoelectronics Corp.		308,300		1,458,694
#	Lanner Electronics, Inc.		351,916		699,659
#	Laser Tek Taiwan Co. Ltd.		267,504		279,127
#	Laster Tech Corp. Ltd.		83,091		85,706
	LCY Technology Corp.		49,000		56,486
	Leader Electronics, Inc.		290,000		108,691
#	Leadtrend Technology Corp.		95,000		321,088
# *	Lealea Enterprise Co. Ltd.		2,655,892		957,828
	Ledlink Optics, Inc.		141,300		126,772
#	LEE CHI Enterprises Co. Ltd.		648,000		463,945
	Lelon Electronics Corp.		317,327		626,285
#	Lemtech Holdings Co. Ltd.		108,055		387,320
*	Leofoo Development Co. Ltd.		93,278		53,745
# *	Li Cheng Enterprise Co. Ltd.		344,108		290,684
*	Li Peng Enterprise Co. Ltd.		1,735,897		477,217
#	Lian HWA Food Corp.		273,868		837,315
#	Lida Holdings Ltd.		257,400		254,531
	Lien Hwa Industrial Holdings Corp.		820,905		1,554,970
	Ligitek Electronics Co. Ltd.		88,000		66,620
# *	Lingsen Precision Industries Ltd.		1,242,506		873,217
	Liton Technology Corp.		31,000		36,074
# *	Long Bon International Co. Ltd.		694,274		409,954
#	Longchen Paper & Packaging Co. Ltd.		2,501,054		1,686,564
#	Longwell Co.		423,000		732,706
	Lotes Co. Ltd.		166,328		4,067,725
#	Lotus Pharmaceutical Co. Ltd.		258,000		1,002,932
#	Lu Hai Holding Corp.		196,102		238,730
#	Lucky Cement Corp.		540,000		213,757
#	Lumax International Corp. Ltd.		337,592		821,392
#	Lung Yen Life Service Corp.		564,000		915,676
*	LuxNet Corp.		323,501		195,993
#	M31 Technology Corp.		42,000		378,893
#	Macauto Industrial Co. Ltd.		189,000		452,563

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Machvision, Inc.		146,398	$	902,165
	Macroblock, Inc.		10,000		50,670
#	MacroWell OMG Digital Entertainment Co. Ltd.		31,000		145,399
#	Makalot Industrial Co. Ltd.		696,481		4,284,456
#	Marketech International Corp.		227,000		964,662
#	Materials Analysis Technology, Inc.		179,041		750,069
#	Mayer Steel Pipe Corp.		538,567		586,405
	Maywufa Co. Ltd.		69,322		48,879
#	Mechema Chemicals International Corp.		194,000		825,836
#	Meiloon Industrial Co.		332,730		277,355
	Mercuries & Associates Holding Ltd.		1,432,165		988,999
# *	Mercuries Life Insurance Co. Ltd.		6,144,083		1,609,846
#	Merry Electronics Co. Ltd.		301,914		834,220
	Mildef Crete, Inc.		186,000		319,138
# *	MIN AIK Technology Co. Ltd.		512,452		347,593
#	Mirle Automation Corp.		602,098		812,893
	Mitac Holdings Corp.		3,348,918		3,128,636
# *	Mobiletron Electronics Co. Ltd.		214,800		433,317
	MOSA Industrial Corp.		55,000		57,160
#	MPI Corp.		298,000		895,559
#	Nak Sealing Technologies Corp.		221,954		656,569
	Namchow Holdings Co. Ltd.		581,000		938,034
#	Nan Kang Rubber Tire Co. Ltd.		1,416,952		1,843,061
	Nan Liu Enterprise Co. Ltd.		123,000		393,904
	Nan Pao Resins Chemical Co. Ltd.		10,000		41,265
#	Nan Ren Lake Leisure Amusement Co. Ltd.		460,000		206,090
#	Nang Kuang Pharmaceutical Co. Ltd.		226,000		285,242
#	Nantex Industry Co. Ltd.		965,606		1,786,787
*	National Aerospace Fasteners Corp.		105,000		201,477
#	National Petroleum Co. Ltd.		227,824		377,272
#	Netronix, Inc.		224,000		359,629
	New Best Wire Industrial Co. Ltd.		195,600		231,341
#	New Era Electronics Co. Ltd.		312,000		189,601
# *	Newmax Technology Co. Ltd.		137,000		139,568
#	Nexcom International Co. Ltd.		525,094		408,391
#	Nichidenbo Corp.		656,417		1,166,013
#	Nidec Chaun-Choung Technology Corp.		116,000		466,703
#	Nien Hsing Textile Co. Ltd.		480,345		341,706
#	Niko Semiconductor Co. Ltd.		204,000		371,148
#	Nishoku Technology, Inc.		132,400		387,306
	Nova Technology Corp.		42,000		235,155
#	Nyquest Technology Co. Ltd.		47,000		180,030
	O-Bank Co. Ltd.		2,505,071		803,976
#	Ocean Plastics Co. Ltd.		764,200		876,424
	OK Biotech Co. Ltd.		182,527		145,684
#	OptoTech Corp.		1,159,804		1,598,840
#	Orient Europharma Co. Ltd.		139,000		166,758
# *	Orient Semiconductor Electronics Ltd.		1,105,599		708,392
# *	Oriental Union Chemical Corp.		2,107,267		1,445,763
#	O-TA Precision Industry Co. Ltd.		243,227		1,166,300
	Pacific Construction Co.		1,300,921		436,719
#	Pacific Hospital Supply Co. Ltd.		240,209		578,934
	Paiho Shih Holdings Corp.		458,365		544,446
	Pan German Universal Motors Ltd.		6,000		41,292
#	Pan Jit International, Inc.		1,042,486		2,617,377
#	Pan-International Industrial Corp.		1,502,747		1,670,252
#	Panion & BF Biotech, Inc.		203,449		957,784
*	Paragon Technologies Co. Ltd.		275,246		176,564
#	Parpro Corp.		208,000		183,035

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	PChome Online, Inc.		368,000	$	970,310
	PCL Technologies, Inc.		200,810		533,567
	P-Duke Technology Co. Ltd.		213,633		513,245
	Pegavision Corp.		80,000		1,091,330
	PharmaEngine, Inc.		169,000		497,609
* ††	Pharmally International Holding Co. Ltd.		441,605		0
*	Phihong Technology Co. Ltd.		1		1
*	Phytohealth Corp.		21,000		14,409
#	Pixart Imaging, Inc.		528,150		2,053,265
	Planet Technology Corp.		160,000		407,434
#	Plastron Precision Co. Ltd.		523,460		230,682
	Plotech Co. Ltd.		343,800		300,802
#	Polytronics Technology Corp.		262,124		747,592
#	Posiflex Technology, Inc.		70,457		280,962
#	Power Wind Health Industry, Inc.		119,314		479,528
	Poya International Co. Ltd.		138,910		1,477,021
#	President Securities Corp.		2,818,193		1,977,872
	Primax Electronics Ltd.		1,493,000		2,793,351
	Prince Housing & Development Corp.		3,787,644		1,595,210
#	Pro Hawk Corp.		77,000		452,664
* ††	Prodisc Technology, Inc.		1,707,199		0
#	Promate Electronic Co. Ltd.		622,000		914,116
#	Prosperity Dielectrics Co. Ltd.		366,559		622,061
	Qisda Corp.		3,609,900		3,835,538
	QST International Corp.		216,000		418,064
#	Qualipoly Chemical Corp.		308,048		421,032
#	Quang Viet Enterprise Co. Ltd.		209,000		766,622
#	Quanta Storage, Inc.		800,000		1,066,669
#	Quintain Steel Co. Ltd.		767,823		431,765
	Radiant Opto-Electronics Corp.		1,022,000		3,523,731
	Radium Life Tech Co. Ltd.		2,555,242		865,385
#	Rafael Microelectronics, Inc.		111,821		557,019
	Rechi Precision Co. Ltd.		1,251,181		728,431
#	Rexon Industrial Corp. Ltd.		549,000		732,147
	Rich Development Co. Ltd.		2,360,036		728,314
#	RichWave Technology Corp.		327,460		2,196,997
	RiTdisplay Corp.		13,000		21,805
*	Ritek Corp.		2,688,867		810,325
*	Roo Hsing Co. Ltd.		1,788,000		308,178
#	Ruentex Engineering & Construction Co.		206,540		862,394
	Ruentex Industries Ltd.		155,200		597,652
	Run Long Construction Co. Ltd.		11,000		22,590
	Samebest Co. Ltd.		15,420		17,981
	Sampo Corp.		1,267,861		1,327,926
#	San Fang Chemical Industry Co. Ltd.		805,647		550,919
#	San Far Property Ltd.		626,510		269,959
	San Shing Fastech Corp.		445,875		837,169
	Sanitar Co. Ltd.		212,000		251,713
#	Sanyang Motor Co. Ltd.		1,860,628		1,752,873
	Savior Lifetec Corp.		183,000		118,203
#	SCI Pharmtech, Inc.		193,474		556,168
#	Scientech Corp.		231,000		604,465
	ScinoPharm Taiwan Ltd.		97,000		80,351
#	SDI Corp.		476,000		2,074,971
#	Sea Sonic Electronics Co. Ltd.		77,000		140,370
#	Senao International Co. Ltd.		335,541		384,588
#	Senao Networks, Inc.		106,000		697,839
	Sensortek Technology Corp.		40,000		450,002
#	Sercomm Corp.		818,000		2,276,929

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	Sesoda Corp.		616,803	$	1,211,530
	Shane Global Holding, Inc.		6,000		14,800
	Shan-Loong Transportation Co. Ltd.		291,000		381,874
#	Sharehope Medicine Co. Ltd.		329,117		343,075
#	Sheng Yu Steel Co. Ltd.		470,980		533,317
#	ShenMao Technology, Inc.		355,891		767,494
	Shieh Yih Machinery Industry Co. Ltd.		166,000		65,413
#	Shih Her Technologies, Inc.		173,000		366,746
*	Shih Wei Navigation Co. Ltd.		797,607		1,178,643
#	Shihlin Electric & Engineering Corp.		1,434,000		2,555,642
	Shin Hai Gas Corp.		1,245		2,135
#	Shin Zu Shing Co. Ltd.		618,943		1,749,035
	Shinih Enterprise Co. Ltd.		71,000		49,942
*	Shining Building Business Co. Ltd.		1,570,814		531,548
#	Shinkong Insurance Co. Ltd.		728,131		1,333,354
#	Shinkong Synthetic Fibers Corp.		4,185,395		2,781,778
	Shinkong Textile Co. Ltd.		788,542		1,116,617
#	Shiny Chemical Industrial Co. Ltd.		340,374		2,359,626
	ShunSin Technology Holding Ltd.		37,000		90,923
# *	Shuttle, Inc.		1,355,152		552,769
#	Sigurd Microelectronics Corp.		1,559,907		2,956,224
	Silicon Optronics, Inc.		86,000		340,284
#	Sinbon Electronics Co. Ltd.		688,813		6,050,235
	Sincere Navigation Corp.		1,154,139		1,159,006
	Singatron Enterprise Co. Ltd.		55,000		42,277
	Single Well Industrial Corp.		79,224		73,260
#	Sinher Technology, Inc.		213,000		268,552
#	Sinmag Equipment Corp.		169,056		588,270
#	Sinon Corp.		1,521,510		1,605,210
#	Sinopower Semiconductor, Inc.		25,000		107,771
#	Sinphar Pharmaceutical Co. Ltd.		223,938		226,099
	Sinyi Realty, Inc.		815,660		971,752
#	Sirtec International Co. Ltd.		325,600		261,520
#	Sitronix Technology Corp.		420,879		3,609,733
#	Siward Crystal Technology Co. Ltd.		530,000		624,479
	Soft-World International Corp.		262,000		747,128
#	Solar Applied Materials Technology Corp.		1,601,372		2,631,423
#	Solomon Technology Corp.		490,000		392,535
#	Solteam, Inc.		219,034		465,667
#	Sonix Technology Co. Ltd.		591,000		1,500,440
#	Southeast Cement Co. Ltd.		579,700		386,289
	Speed Tech Corp.		394,000		695,826
	Spirox Corp.		298,824		279,822
	Sporton International, Inc.		265,601		1,632,673
	St Shine Optical Co. Ltd.		189,000		1,702,266
#	Standard Chemical & Pharmaceutical Co. Ltd.		321,571		480,779
	Standard Foods Corp.		401,000		683,646
	Stark Technology, Inc.		382,688		1,171,157
# *	Sun Yad Construction Co. Ltd.		210,000		127,043
	Sunjuice Holdings Co. Ltd.		12,000		112,650
#	Sunko INK Co. Ltd.		546,400		358,185
#	SunMax Biotechnology Co. Ltd.		94,000		379,507
#	Sunny Friend Environmental Technology Co. Ltd.		231,000		1,761,051
#	Sunonwealth Electric Machine Industry Co. Ltd.		712,487		917,403
	Sunplus Innovation Technology, Inc.		13,000		50,323
#	Sunplus Technology Co. Ltd.		1,808,000		1,988,902
#	Sunrex Technology Corp.		298,612		379,417
#	Sunspring Metal Corp.		391,069		351,609
*	Sunty Development Co. Ltd.		42,000		19,805

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	Supreme Electronics Co. Ltd.		1,619,602	$	2,509,787
	Swancor Holding Co. Ltd.		100,000		446,786
	Sweeten Real Estate Development Co. Ltd.		687,465		599,604
#	Symtek Automation Asia Co. Ltd.		213,069		756,704
	Syncmold Enterprise Corp.		401,750		955,027
#	Synmosa Biopharma Corp.		880,403		817,409
	Systex Corp.		556,388		1,521,083
	T3EX Global Holdings Corp.		380,942		1,496,866
#	TA Chen Stainless Pipe		6,855,945		10,139,976
#	Ta Liang Technology Co. Ltd.		150,000		289,084
#	Ta Ya Electric Wire & Cable		2,468,875		2,353,614
	Ta Yih Industrial Co. Ltd.		106,000		129,872
	Tah Hsin Industrial Corp.		221,092		590,939
#	TAI Roun Products Co. Ltd.		201,000		147,035
#	TA-I Technology Co. Ltd.		397,788		725,256
# *	Tai Tung Communication Co. Ltd.		478,267		252,815
	Taichung Commercial Bank Co. Ltd.		16,476,089		8,299,544
#	TaiDoc Technology Corp.		196,470		1,928,488
#	Taiflex Scientific Co. Ltd.		667,340		987,235
#	Taimide Tech, Inc.		401,262		740,559
#	Tainan Enterprises Co. Ltd.		263,370		164,190
#	Tainan Spinning Co. Ltd.		4,142,044		2,854,817
#	Tai-Saw Technology Co. Ltd.		235,120		296,203
	TaiSol Electronics Co. Ltd.		63,000		91,529
	Taisun Enterprise Co. Ltd.		714,648		761,453
#	Taita Chemical Co. Ltd.		903,646		938,989
	TAI-TECH Advanced Electronics Co. Ltd.		37,000		128,201
#	Taiwan Chinsan Electronic Industrial Co. Ltd.		427,113		580,956
#	Taiwan Cogeneration Corp.		1,460,566		1,891,200
	Taiwan Fertilizer Co. Ltd.		229,000		576,415
	Taiwan Fire & Marine Insurance Co. Ltd.		961,338		655,979
#	Taiwan FU Hsing Industrial Co. Ltd.		620,000		872,551
	Taiwan Hon Chuan Enterprise Co. Ltd.		953,468		2,428,640
#	Taiwan Hopax Chemicals Manufacturing Co. Ltd.		637,120		1,016,657
* ††	Taiwan Kolin Co. Ltd.		1,356,000		0
*	Taiwan Land Development Corp.		2,845,991		258,766
#	Taiwan Line Tek Electronic		144,185		133,205
	Taiwan Navigation Co. Ltd.		824,777		1,036,667
	Taiwan Paiho Ltd.		951,287		2,147,031
	Taiwan PCB Techvest Co. Ltd.		1,040,238		1,711,908
#	Taiwan Pelican Express Co. Ltd.		13,000		34,153
	Taiwan Sakura Corp.		723,803		1,523,243
	Taiwan Sanyo Electric Co. Ltd.		417,400		522,706
	Taiwan Secom Co. Ltd.		209,000		772,530
#	Taiwan Semiconductor Co. Ltd.		816,000		2,091,622
#	Taiwan Shin Kong Security Co. Ltd.		1,307,577		1,772,296
	Taiwan Steel Union Co. Ltd.		18,000		62,397
#	Taiwan Styrene Monomer		1,843,209		1,009,730
	Taiwan Surface Mounting Technology Corp.		913,388		3,203,876
	Taiwan Taxi Co. Ltd.		76,888		206,583
# *	Taiwan TEA Corp.		2,026,897		1,303,676
#	Taiwan Union Technology Corp.		893,000		2,305,896
	Taiyen Biotech Co. Ltd.		383,883		446,474
	Tayih Lun An Co. Ltd.		220,890		129,835
#	TCI Co. Ltd.		366,746		2,101,492
	Te Chang Construction Co. Ltd.		258,206		266,033
#	Team Group, Inc.		192,000		208,617
#	Tehmag Foods Corp.		116,380		1,083,805
#	Ten Ren Tea Co. Ltd.		140,980		159,964

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Tera Autotech Corp.		91,885	$	62,864
	Test Research, Inc.		598,820		1,390,883
#	Test Rite International Co. Ltd.		1,117,495		825,073
#	Tex-Ray Industrial Co. Ltd.		311,000		143,528
	Thermaltake Technology Co. Ltd.		46,000		46,755
#	Thinking Electronic Industrial Co. Ltd.		266,204		1,117,591
	Thye Ming Industrial Co. Ltd.		391,135		610,314
	Ton Yi Industrial Corp.		2,830,644		1,509,724
	Tong Hsing Electronic Industries Ltd.		269,976		2,095,594
	Tong Yang Industry Co. Ltd.		1,476,741		1,655,334
# *	Tong-Tai Machine & Tool Co. Ltd.		769,892		387,428
*	TOPBI International Holdings Ltd.		444,096		134,694
	Topco Scientific Co. Ltd.		582,087		3,277,233
	Topco Technologies Corp.		182,720		537,455
#	Topkey Corp.		267,000		1,121,776
#	Topoint Technology Co. Ltd.		428,898		480,691
#	Toung Loong Textile Manufacturing		347,000		379,884
#	TPK Holding Co. Ltd.		1,356,000		1,563,200
	Trade-Van Information Services Co.		255,000		462,793
	Transart Graphics Co. Ltd.		18,000		41,061
	Transcend Information, Inc.		761,000		1,825,035
	Transcom, Inc.		69,000		288,582
*	TrueLight Corp.		37,000		27,140
	Tsang Yow Industrial Co. Ltd.		239,000		160,787
#	Tsann Kuen Enterprise Co. Ltd.		293,686		370,776
	TSC Auto ID Technology Co. Ltd.		98,470		633,678
	TSRC Corp.		1,989,200		2,151,328
	Ttet Union Corp.		153,000		803,645
	TTFB Co. Ltd.		36,000		263,411
#	TTY Biopharm Co. Ltd.		775,979		1,960,072
	Tung Ho Steel Enterprise Corp.		1,665,630		3,533,960
#	Tung Thih Electronic Co. Ltd.		232,000		1,176,319
#	Turvo International Co. Ltd.		212,922		742,680
#	TXC Corp.		1,104,053		3,359,382
#	TYC Brother Industrial Co. Ltd.		848,980		558,333
*	Tycoons Group Enterprise		1,580,767		575,632
#	Tyntek Corp.		1,029,039		748,020
#	UDE Corp.		251,000		345,224
	U-Ming Marine Transport Corp.		1,101,000		2,366,004
	Unic Technology Corp.		79,000		52,209
# *	Union Bank Of Taiwan		7,196,851		3,918,672
	Unitech Computer Co. Ltd.		341,804		405,437
# *	Unitech Printed Circuit Board Corp.		2,178,937		1,219,366
	United Integrated Services Co. Ltd.		579,951		3,507,386
	United Orthopedic Corp.		312,935		313,044
#	United Radiant Technology		366,000		213,286
# *	United Recommend International Co. Ltd.		41,000		173,440
*	United Renewable Energy Co. Ltd.		2,484,437		1,792,201
††	Unity Opto Technology Co. Ltd.		2,760,500		72,348
	Univacco Technology, Inc.		32,000		29,081
	Universal Cement Corp.		1,620,433		1,112,030
#	Universal Vision Biotechnology Co. Ltd.		91,000		762,931
#	Unizyx Holding Corp.		1,122,430		1,066,844
#	UPC Technology Corp.		2,725,124		1,511,611
#	Userjoy Technology Co. Ltd.		195,587		519,082
#	USI Corp.		2,778,156		2,703,640
# *	Usun Technology Co. Ltd.		209,200		201,877
#	Utechzone Co. Ltd.		203,000		566,600
	UVAT Technology Co. Ltd.		18,000		40,327

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
#	Ve Wong Corp.		556,696	$	625,073
#	Ventec International Group Co. Ltd.		210,000		652,731
*	Victory New Materials Ltd. Co.		327,832		114,728
	Visual Photonics Epitaxy Co. Ltd.		557,772		1,600,639
#	Vivotek, Inc.		136,704		358,995
#	Wafer Works Corp.		1,548,251		2,787,669
#	Waffer Technology Corp.		296,000		359,116
#	Wah Hong Industrial Corp.		144,021		153,473
	Wah Lee Industrial Corp.		617,300		2,160,220
#	Walton Advanced Engineering, Inc.		1,110,197		546,559
	WAN HWA Enterprise Co.		401,238		162,876
	We & Win Development Co. Ltd.		161,000		59,402
	We&Win Diversification Co. Ltd.		95,000		44,290
*	WEI Chih Steel Industrial Co. Ltd.		26,000		32,045
	Wei Chuan Foods Corp.		1,258,000		954,415
* ††	Wei Mon Industry Co. Ltd.		3,075,282		0
#	Weikeng Industrial Co. Ltd.		1,360,459		1,382,197
#	Well Shin Technology Co. Ltd.		319,000		463,270
#	Wha Yu Industrial Co. Ltd.		301,000		172,185
#	Wholetech System Hitech Ltd.		207,000		323,139
#	Winmate, Inc.		140,000		360,738
	Winstek Semiconductor Co. Ltd.		241,000		340,733
††	Wintek Corp.		5,447,000		63,404
#	WinWay Technology Co. Ltd.		32,000		367,818
#	Wisdom Marine Lines Co. Ltd.		1,396,241		4,296,356
	Wistron Information Technology & Services Corp.		32,000		93,657
	Wistron NeWeb Corp.		1,090,155		2,802,936
#	Wowprime Corp.		257,000		963,100
#	WT Microelectronics Co. Ltd.		1,339,450		3,228,147
#	WUS Printed Circuit Co. Ltd.		599,737		580,250
#	XAC Automation Corp.		302,000		261,193
#	XinTec, Inc.		318,000		1,455,349
#	X-Legend Entertainment Co. Ltd.		96,000		145,424
* ††	XPEC Entertainment, Inc.		192,135		0
#	Xxentria Technology Materials Corp.		487,207		1,085,339
#	YC INOX Co. Ltd.		1,293,609		1,385,812
#	YCC Parts Manufacturing Co. Ltd.		132,000		158,691
#	Yea Shin International Development Co. Ltd.		620,076		491,577
	Yem Chio Co. Ltd.		1,684,518		871,953
	Yen Sun Technology Corp.		8,000		9,052
#	Yeong Guan Energy Technology Group Co. Ltd.		308,987		726,661
#	YFC-Boneagle Electric Co. Ltd.		415,000		284,778
#	YFY, Inc.		728,212		767,060
#	Yi Jinn Industrial Co. Ltd.		669,284		410,181
	Yi Shin Textile Industrial Co. Ltd.		17,000		27,344
# *	Yieh Phui Enterprise Co. Ltd.		3,252,049		2,309,577
#	Yonyu Plastics Co. Ltd.		279,600		331,634
#	Young Fast Optoelectronics Co. Ltd.		335,872		341,046
#	Youngtek Electronics Corp.		415,666		1,023,320
#	Yuanta Futures Co. Ltd.		342,827		574,086
#	Yuen Chang Stainless Steel Co. Ltd.		30,000		30,831
	Yuen Foong Yu Consumer Products Co. Ltd.		71,000		110,918
	Yulon Finance Corp.		208,468		1,621,641
	Yulon Motor Co. Ltd.		1,827,056		2,431,879
	Yung Chi Paint & Varnish Manufacturing Co. Ltd.		250,869		617,158
#	Yungshin Construction & Development Co. Ltd.		371,000		887,538
	YungShin Global Holding Corp.		758,015		1,102,255
	Yusin Holding Corp.		6,721		17,941
	Zeng Hsing Industrial Co. Ltd.		210,107		985,110

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TAIWAN — (Continued)
	Zenitron Corp.		654,000	$	837,984
#	Zero One Technology Co. Ltd.		522,226		733,455
	Zhong Yang Technology Co. Ltd.		7,819		10,589
#	Zig Sheng Industrial Co. Ltd.		1,191,732		557,740
#	ZillTek Technology Corp.		40,000		475,166
# *	Zinwell Corp.		1,123,586		653,612
#	Zippy Technology Corp.		409,948		587,827
#	ZongTai Real Estate Development Co. Ltd.		510,849		581,548

TOTAL TAIWAN					745,476,019

THAILAND — (3.1%)
	AAPICO Hitech PCL, NVDR		90,970		62,152
	AAPICO Hitech PCL		827,632		565,448
	Absolute Clean Energy PCL		5,527,500		503,527
	Advanced Information Technology PCL		3,426,000		705,206
	AEON Thana Sinsap Thailand PCL		260,300		1,463,000
	After You PCL		1,014,600		308,083
	AgriPure Holdings PLC		342,400		61,982
*	AgriPure Holdings PLC		26,750		0
	AI Energy PCL		150,750		18,838
	AJ Plast PCL		662,588		328,876
	Allianz Ayudhya Capital PCL		195,200		253,617
	Alucon PCL		2,200		13,425
	Amanah Leasing PCL		1,775,700		292,926
	Amata Corp. PCL		3,248,310		2,067,537
*	Ananda Development PCL		6,937,600		257,248
	AP Thailand PCL		9,603,216		3,308,553
*	Aqua Corp. PCL		1,423,200		24,516
	Asia Plus Group Holdings PCL		7,988,300		788,334
	Asia Sermkij Leasing PCL, NVDR		1,454,900		1,847,829
	Asian Insulators PCL		1,590,850		320,492
	Asian Sea Corp. PCL, Class F		740,500		358,899
	Asiasoft Corp. PCL		811,200		440,535
	Bangchak Corp. PCL		4,078,300		3,988,994
*	Bangkok Airways PCL		3,037,000		993,121
	Bangkok Chain Hospital PCL		3,131,000		1,965,445
	Bangkok Insurance PCL		198,381		1,581,256
	Bangkok Land PCL		49,104,170		1,433,698
*	Bangkok Ranch PCL		2,178,000		198,405
* ††	Bangkok Rubber Pub Co.		14,600		0
	BCPG PCL		2,883,700		1,035,606
	BEC World PCL		2,705,248		1,224,273
*	Better World Green PCL		14,328,300		447,629
	BG Container Glass PCL		596,800		174,248
*	Bound & Beyond PCL		74,300		27,334
	Business Online PCL		391,400		141,704
	Cal-Comp Electronics Thailand PCL, Class F		12,497,033		934,085
	CH Karnchang PCL		4,182,300		2,381,163
	Charoong Thai Wire & Cable PCL, Class F		726,000		152,619
	Chularat Hospital PCL, Class F		22,939,400		2,612,078
	CIMB Thai Bank PCL		7,467,800		185,332
	CK Power PCL		6,140,100		977,038
	Communication & System Solution PCL		1,235,900		83,716
*	Country Group Development PCL		16,318,600		219,169
*	Country Group Holdings PCL, Class F		5,653,500		204,681
*	Demco PCL		607,800		58,562
*	Dhipaya Group Holdings PCL		2,171,100		4,088,641
	Diamond Building Products PCL		166,700		37,234
	Do Day Dream PCL		340,400		159,019

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
THAILAND — (Continued)
*	DOD Biotech PCL		315,500	$	77,378
*	Dusit Thani PCL		114,500		31,759
	Dynasty Ceramic PCL		15,913,880		1,421,795
	E for L Aim PCL		3,398,830		116,106
	Eastern Polymer Group PCL, Class F		3,876,300		1,154,402
	Eastern Power Group PCL		1,420,408		217,727
	Eastern Water Resources Development & Management PCL, Class F		2,649,000		583,940
	Ekachai Medical Care PCL		927,600		212,603
*	Erawan Group PCL		138,900		15,167
*	Esso Thailand PCL		4,288,300		1,170,675
	Exotic Food PCL, Class F		382,700		188,836
	Forth Corp. PCL		1,383,200		1,696,187
	Forth Smart Service PCL		1,079,200		680,605
	Fortune Parts Industry PCL, Class F		230,000		20,415
*	General Engineering PCL		3,173,000		27,793
	GFPT PCL		2,205,000		901,314
	Global Green Chemicals PCL, Class F		1,314,600		537,355
* ††	Group Lease PCL		1,644,700		5,854
	Gunkul Engineering PCL		13,516,580		2,288,939
	Haad Thip PCL		285,700		271,102
	Hana Microelectronics PCL		1,283,800		1,686,745
	Humanica PCL		250,600		87,070
	Hwa Fong Rubber Thailand PCL		407,600		97,586
	ICC International PCL		204,600		182,199
	Ichitan Group PCL		2,290,200		809,093
	Index Livingmall PCL		395,300		250,453
	Infraset PCL		667,000		101,267
	Interlink Communication PCL		1,174,200		346,260
*	Interlink Telecom PCL		2,587,600		449,525
*	Internet Thailand PCL		795,400		164,886
	IT City PCL		152,900		61,606
*	Italian-Thai Development PCL		17,231,827		1,006,238
* ††	ITV PCL		2,785,600		0
*	Jasmine International PCL		15,368,700		1,651,294
*	JKN Global Media PCL		763,400		143,764
*	JSP Property PCL		835,300		28,534
	Jubilee Enterprise PCL		341,300		235,173
	JWD Infologistics PCL		1,649,700		780,296
	Kang Yong Electric PCL		6,000		64,117
	Karmarts PCL		2,573,100		383,148
	KGI Securities Thailand PCL		83,900		13,473
	Khon Kaen Sugar Industry PCL		6,350,437		760,198
	Ladprao General Hospital PCL, Class F		60,100		10,002
	Lalin Property PCL		495,500		135,268
	Lam Soon Thailand PCL		1,074,700		194,544
	Lanna Resources PCL		695,250		405,985
	Lee Feed Mill PCL		67,000		4,969
	LH Financial Group PCL		28,036,239		1,088,706
	Loxley PCL		6,581,976		438,158
	LPN Development PCL		4,937,602		663,152
*	Master Ad PCL		3,883,000		90,698
*	MBK PCL		3,724,564		1,413,703
	MC Group PCL		744,400		196,695
*	MCOT PCL		658,800		111,563
	MCS Steel PCL		1,579,400		567,201
*	MDX PCL		108,900		16,852
	Mega Lifesciences PCL		1,390,400		1,989,185
	Millcon Steel PCL		4,957,868		167,916
	Modernform Group PCL		2,003,800		224,660

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
THAILAND — (Continued)
*	Mono Next PCL		5,406,600	$	382,014
*	More Return PCL		12,564,500		597,960
	Muang Thai Insurance PCL		61,288		199,521
	Namyong Terminal PCL		2,014,500		288,206
	Nava Nakorn PCL		1,852,800		130,913
*	Nawarat Patanakarn PCL		2,977,100		67,800
	Netbay PCL		412,100		369,988
	Noble Development PCL		2,319,300		338,584
	Northeast Rubber PCL		3,387,800		667,669
	Origin Property PCL, Class F		2,819,350		905,485
	Pacific Pipe PCL		192,400		26,739
	PCS Machine Group Holding PCL		1,196,800		174,715
*	Plan B Media PCL, Class F		7,976,556		1,828,203
*	Platinum Group PCL (The), Class F		3,236,300		300,480
	Polyplex Thailand PCL		1,073,850		783,832
*	Power Solution Technologies PCL, Class F		6,747,920		392,069
	Praram 9 Hospital PCL		52,600		21,501
	Precious Shipping PCL		2,220,900		1,238,516
	Premier Marketing PCL		1,413,900		396,305
	Prima Marine PCL		4,358,500		776,258
*	Principal Capital PCL		1,537,400		201,994
	Property Perfect PCL		31,076,330		453,669
	Pruksa Holding PCL		3,089,300		1,199,641
	PTG Energy PCL		3,737,900		1,560,641
	Pylon PCL		1,296,700		165,826
	Quality Houses PCL		28,929,626		1,892,040
	R&B Food Supply PCL		215,200		109,956
*	Raimon Land PCL		9,678,200		245,840
	Rajthanee Hospital PCL		582,700		569,940
	Ratchaphruek Hospital PCL, Class F		146,400		27,998
	Ratchthani Leasing PCL		9,072,255		1,160,189
	Regional Container Lines PCL		1,066,200		1,393,064
	Rojana Industrial Park PCL		3,049,854		560,995
	RPCG Pcl		1,542,900		62,166
*	RS PCL		2,017,800		1,036,884
	S 11 Group PCL		1,380,900		247,957
*	S Hotels & Resorts PCL		3,052,300		393,903
	S Kijchai Enterprise PCL, Class F		168,900		43,643
	Sabina PCL		898,200		618,906
	Saha Pathana Inter-Holding PCL		699,100		1,336,965
	Sahakol Equipment PCL		2,553,800		153,601
	Sahamitr Pressure Container PCL		728,400		310,500
	Saha-Union PCL		753,300		681,819
*	Samart Corp. PCL		2,445,500		442,689
	Samart Telcoms PCL		721,200		144,240
	Sansiri PCL		53,038,010		1,811,809
	Sappe PCL		437,900		421,918
	SC Asset Corp. PCL		6,385,015		686,040
	SCG Ceramics PCL		2,270,300		151,132
*	SEAFCO PCL		2,508,302		276,829
*	Seafresh Industry PCL		114,000		12,648
	Sena Development PCL		2,107,633		274,454
	Sermsang Power Corp. Co. Ltd.		1,561,080		505,927
	Siam City Cement PCL		46,200		205,034
*	Siam Wellness Group PCL, Class F		85,300		19,800
	Siamgas & Petrochemicals PCL		2,078,300		740,300
	Siamrajathanee PCL		489,480		230,091
*	Simat Technologies PCL		1,528,000		124,025
*	Singha Estate PCL		12,971,654		746,107

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
THAILAND — (Continued)
	Sino-Thai Engineering & Construction PCL		4,544,900	$	1,725,072
	SiS Distribution Thailand PCL		23,400		27,841
	SISB PCL		39,100		14,955
*	SKY ICT PCL, Class F		163,400		48,185
	SNC Former PCL		651,700		388,166
	Somboon Advance Technology PCL		935,137		516,032
	Southern Concrete Pile PCL		115,700		19,424
	SPCG PCL		1,937,400		950,316
	Sri Trang Agro-Industry PCL		2,624,200		1,934,629
	Sriracha Construction PCL		59,800		22,349
	Srisawad Finance PCL		414,300		374,987
*	Srithai Superware PCL		5,685,300		209,153
	Srivichai Vejvivat PCL		997,700		285,473
	Star Petroleum Refining PCL		6,886,000		2,171,352
	Starflex PCL		849,700		107,670
*	Stars Microelectronics Thailand PCL		1,023,800		152,449
*	STP & I PCL		5,356,064		741,248
	Supalai PCL		4,750,691		3,037,668
	Super Energy Corp. PCL		68,785,900		1,747,262
	Susco PCL		2,295,900		223,892
	SVI PCL		1,474,000		348,596
	Synnex Thailand PCL		764,140		539,918
	Syntec Construction PCL		4,893,200		257,161
	TAC Consumer PCL, Class F		1,430,100		311,073
	Taokaenoi Food & Marketing PCL, Class F		2,245,080		508,011
*	Tata Steel Thailand PCL		1,198,700		49,348
	Thai Agro Energy PCL		1,298,200		84,146
	Thai Nakarin Hospital PCL		348,500		371,394
*	Thai Reinsurance PCL		8,213,800		256,606
*	Thai Rubber Latex Group PCL		1,217,800		114,491
	Thai Solar Energy PCL, Class F		3,485,274		234,048
	Thai Stanley Electric PCL, Class F		141,000		703,971
	Thai Vegetable Oil PCL		1,767,075		1,663,888
	Thai Wacoal PCL		78,000		79,708
	Thai Wah PCL, Class F		1,736,600		332,109
	Thaicom PCL		2,726,000		764,076
	Thaifoods Group PCL, Class F		4,406,900		540,408
	Thaire Life Assurance PCL, Class F		1,525,800		269,521
	Thaivivat Insurance PCL		151,400		86,199
	Thanachart Capital PCL		1,070,000		1,257,445
	Thitikorn PCL		694,300		220,960
	Thoresen Thai Agencies PCL		5,332,954		1,510,355
	Tipco Asphalt PCL		2,666,300		1,268,925
	TIPCO Foods PCL		1,106,482		289,139
	TKS Technologies PCL		834,515		302,131
	TMT Steel PCL		1,024,300		302,056
	TPC Power Holding PCL, Class F		1,014,800		296,292
	TPI Polene PCL		24,582,100		1,076,588
	TPI Polene Power PCL		9,846,200		1,098,175
	TQM Corp. PCL		801,300		1,163,932
*	Triton Holding PCL		8,152,600		52,367
*	TTCL PCL		824,440		113,616
	TTW PCL		3,305,400		1,061,588
*	U City PCL, Class F		16,368,114		821,990
	Union Auction PCL		914,900		251,097
*	Unique Engineering & Construction PCL		2,628,670		391,422
	United Paper PCL		1,036,800		508,562
*	United Power of Asia PCL		10,276,434		168,023
	Univanich Palm Oil PCL		2,156,800		613,980

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
THAILAND — (Continued)
	Univentures PCL		2,612,700	$	225,798
	Vanachai Group PCL		1,673,659		398,258
	VGI PCL		5,995,000		868,181
	Vinythai PCL		12,200		13,855
	WHA Corp. PCL		14,214,900		1,394,513
	WHA Utilities & Power PCL		4,811,700		575,999
	WICE Logistics PCL		1,307,400		725,273
	Workpoint Entertainment PCL		841,740		768,011
	Ziga Innovation PCL		1,775,500		575,417

TOTAL THAILAND					139,572,888

TURKEY — (0.6%)
	Afyon Cimento Sanayi TAS		570,356		143,463
	Agesa Hayat ve Emeklilik AS		129,908		175,878
	Akcansa Cimento AS		96,876		139,704
	Aksa Akrilik Kimya Sanayii AS		572,803		1,772,575
*	Aksa Enerji Uretim AS		906,198		1,013,987
*	Aksigorta AS		588,440		133,228
	Alarko Carrier Sanayii VE Ticaret AS		898		17,503
#	Alarko Holding AS		456,636		823,466
*	Albaraka Turk Katilim Bankasi AS		2,063,168		173,307
#	Alkim Alkali Kimya AS		159,573		238,909
*	Anadolu Anonim Turk Sigorta Sirketi		656,269		271,340
	Anadolu Hayat Emeklilik AS		193,776		165,436
	Aygaz AS		295,215		648,069
*	Bagfas Bandirma Gubre Fabrikalari AS		24,948		25,214
*	Baticim Bati Anadolu Cimento Sanayii AS		1		2
# *	Bera Holding AS		873,946		608,987
*	Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS		458,438		125,490
	Bizim Toptan Satis Magazalari AS		92,284		103,171
*	Borusan Mannesmann Boru Sanayi ve Ticaret AS		88,533		166,814
	Borusan Yatirim ve Pazarlama AS		2,659		68,412
	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		29,848		65,825
	Cimsa Cimento Sanayi VE Ticaret AS		166,702		373,607
	Deva Holding AS		64,181		161,457
*	Dogan Sirketler Grubu Holding AS		1		0
*	Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS		491,010		78,436
	Dogus Otomotiv Servis ve Ticaret AS		117,142		526,222
	Eczacibasi Yatirim Holding Ortakligi AS		2,502		7,739
#	EGE Endustri VE Ticaret AS		2,984		363,205
	EGE Gubre Sanayii AS		529		8,868
	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		488,985		334,236
	Erbosan Erciyas Boru Sanayii ve Ticaret AS		57,590		438,619
# *	Fenerbahce Futbol AS		70,830		163,615
*	Global Yatirim Holding AS		877,047		172,758
* ††	Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari		8,540		0
	Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS		1		3
	Goodyear Lastikleri TAS		243,750		164,084
*	Gozde Girisim Sermayesi Yatirim Ortakligi AS		647,008		420,503
*	GSD Holding AS		515,175		146,215
# *	Hektas Ticaret TAS		1,411,573		2,103,541
*	Ihlas Gayrimenkul Proje Gelistirme Ve Ticaret AS		523,213		26,265
# *	Ihlas Holding AS		4,637,288		180,884
	Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS		357,271		217,654
# *	Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS		243,392		337,670
# *	Is Finansal Kiralama AS		766,484		178,622
	Is Yatirim Menkul Degerler AS, Class A		356,230		492,202
*	Isiklar Enerji ve Yapi Holding AS		1,781,132		101,729
*	Izmir Demir Celik Sanayi AS		1,216,377		206,082

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
TURKEY — (Continued)
	Jantsa Jant Sanayi Ve Ticaret AS		10,787	$	59,279
*	Karel Elektronik Sanayi ve Ticaret AS		45,535		37,828
# *	Karsan Otomotiv Sanayii Ve Ticaret AS		86,706		29,532
	Kartonsan Karton Sanayi ve Ticaret AS		29,121		115,397
*	Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS		861,950		75,983
*	Kerevitas Gida Sanayi ve Ticaret AS		480,207		134,520
*	Konya Cimento Sanayii AS		330		19,961
#	Kordsa Teknik Tekstil AS		212,758		650,568
*	Koza Anadolu Metal Madencilik Isletmeleri AS		526,756		1,109,973
*	Kutahya Porselen Sanayi AS		7,678		24,254
	Logo Yazilim Sanayi Ve Ticaret AS		236,211		714,664
W	Mavi Giyim Sanayi Ve Ticaret AS, Class B		124,411		681,898
*	Migros Ticaret AS		151,462		462,408
# * W	MLP Saglik Hizmetleri AS		322,448		687,369
*	NET Holding AS		569,393		464,836
*	Netas Telekomunikasyon AS		110,964		130,369
	Nuh Cimento Sanayi AS		237,902		760,204
# *	ODAS Elektrik Uretim ve Sanayi Ticaret AS		1,185,849		195,156
*	Parsan Makina Parcalari Sanayii AS		60,935		149,961
	Polisan Holding AS		443,358		108,257
*	Reysas Tasimacilik ve Lojistik Ticaret AS		712,126		234,191
	Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS		1,020,499		1,295,419
# *	Sasa Polyester Sanayi AS		714,811		3,081,717
# *	Sekerbank Turk AS		3,368,091		262,032
	Selcuk Ecza Deposu Ticaret ve Sanayi AS		376,098		293,853
	Tat Gida Sanayi AS		237,110		227,186
#	Tekfen Holding AS		547,945		726,493
*	Teknosa Ic Ve Dis Ticaret AS		248,198		133,472
*	Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi TAS		265,900		101,161
*	Tumosan Motor ve Traktor Sanayi AS		15,813		21,411
*	Turcas Petrol AS		410,905		175,535
	Turk Prysmian Kablo ve Sistemleri AS		26,111		55,844
#	Turkiye Sigorta AS		77,586		26,769
# *	Turkiye Sinai Kalkinma Bankasi AS		3,513,187		436,170
	Ulker Biskuvi Sanayi AS		227,811		255,984
	Vestel Elektronik Sanayi ve Ticaret AS		15,098		26,443
	Yatas Yatak ve Yorgan Sanayi ve Ticaret AS		341,276		331,872
*	Zorlu Enerji Elektrik Uretim AS		1,355,034		188,417

TOTAL TURKEY					28,571,382

UNITED ARAB EMIRATES — (0.7%)
	Abu Dhabi Islamic Bank PJSC		2,858,039		6,807,305
	Abu Dhabi National Insurance Co. PSC		93,791		179,370
*	Abu Dhabi Ship Building Co. PJSC		215,465		233,931
	Agthia Group PJSC		673,475		781,783
	Air Arabia PJSC		6,033,877		3,503,779
*	Ajman Bank PJSC		2,193,012		477,349
	Amanat Holdings PJSC		2,892,817		821,741
*	Amlak Finance PJSC		1,615,693		306,416
*	Apex Investment Co. PSC		634,311		927,486
* ††	Arabtec Holding PJSC		2,783,626		0
	Aramex PJSC		2,450,456		2,711,719
*	Arkan Building Materials Co.		3,403,859		1,097,833
	Dana Gas PJSC		9,243,021		2,962,601
*	Deyaar Development PJSC		4,974,003		643,317
	Dubai Financial Market PJSC		4,277,254		3,063,292
	Dubai Investments PJSC		3,681,479		2,507,140
*	Emaar Development PJSC		2,147,742		3,004,996
	Emirates Integrated Telecommunications Co. PJSC		110,814		198,337

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
UNITED ARAB EMIRATES — (Continued)
*	Eshraq Investments PJSC		3,209,731	$	432,892
*	Gulf Navigation Holding PJSC		1,692,804		137,217
*	Gulf Pharmaceutical Industries PSC		67,736		25,331
*	Islamic Arab Insurance Co.		1,416,573		264,365
*	Manazel PJSC		2,822,208		364,005
	National Central Cooling Co. PJSC		688,622		462,079
*	RAK Properties PJSC		2,768,862		581,909
	Ras Al Khaimah Ceramics		427,549		323,333
	SHUAA Capital PSC		2,071,837		357,346
*	Union Properties PJSC		3,462,600		262,867

TOTAL UNITED ARAB EMIRATES					33,439,739

UNITED KINGDOM — (0.0%)
	Bytes Technology Group PLC		15,337		89,080

TOTAL COMMON STOCKS					4,355,841,591

PREFERRED STOCKS — (0.6%)
BRAZIL — (0.6%)
	Banco ABC Brasil SA		321,270		1,026,723
W	Banco BMG SASeries B		199,949		112,432
	Banco do Estado do Rio Grande do Sul SA Class B		695,061		1,481,799
	Banco Pan SA		319,438		604,767
	Centrais Eletricas Santa CatarinaSeries A		59,700		673,201
	Cia de Saneamento do ParanaSeries A		4,294,927		3,388,023
	Cia de Transmissao de Energia Eletrica Paulista		627,378		3,192,757
	Cia Energetica do Ceara Class A		98,239		1,079,964
	Cia Ferro Ligas da Bahia—FERBASA		172,100		1,589,435
	Cia Paranaense de Energia		2,717,395		4,089,325
	Eucatex SA Industria e Comercio		196,878		397,822
	Grazziotin SA		12,400		82,467
	Marcopolo SA		1,801,511		972,913
	Randon SA Implementos e Participacoes		545,836		1,178,020
	Schulz SA		327,400		301,312
	Taurus Armas SA		115,400		555,065
	Track & Field Co. SA		27,600		63,083
	Unipar Carbocloro SA Class B		265,449		5,154,935
	Usinas Siderurgicas de Minas Gerais SA Usiminas Class A		340,894		779,844

TOTAL BRAZIL					26,723,887

CHILE — (0.0%)
	Coca-Cola Embonor SA Class B		598,934		660,207
	Embotelladora Andina SA Class B		25,890		47,058

TOTAL CHILE					707,265

PHILIPPINES — (0.0%)
	Cebu Air, Inc., 6.000%		652,339		562,330

THAILAND — (0.0%)
*	U City PCL		49,104,342		1,534,063

TOTAL PREFERRED STOCKS					29,527,545

RIGHTS/WARRANTS — (0.0%)
BRAZIL — (0.0%)
*	Alper Consultoria e Corretora de Seguros SA Rights 05/11/2022		1,285		75

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED


		Shares		Value»
HONG KONG — (0.0%)
*	Norinco International Cooperation Ltd. Rights 04/11/2022		80,812	$	26,990
*	Zhong An Group Ltd. Rights12/31/22		69,488		0

TOTAL HONG KONG					26,990

INDIA — (0.0%)
*	Asian Granito India Ltd. Rights 05/10/2022		8,732		577

MALAYSIA — (0.0%)
*	Eco World Development Group Bhd Warrants 04/12/2029		486,220		18,986
*	PESTECH International Bhd Warrants 12/15/28		23,750		1,446

TOTAL MALAYSIA					20,432

PHILIPPINES — (0.0%)
*	UBP PALS Rights Rights 05/06/2022		626,396		98,270

SAUDI ARABIA — (0.0%)
*	Gulf Union Alahlia Cooperative Insurance Co. Rights 05/19/2022		21,772		11,261

THAILAND — (0.0%)
*	Advanced Information Technology PCL Warrants 01/12/24		1,713,000		199,058
*	Aqua W3 Warrants 03/11/2023		224,800		0
*	EP W4 Warrants 04/27/2023		355,102		0
*	MBK PCL Warrants 03/23/2023		153,391		44,786
*	Sena Technologies, Inc. Warrants 03/09/2023		8		0
*	Tritn W5 Warrants 03/15/2023		1,630,520		0
*	United Power of Asia PCL Warrants 12/14/2021		330,340		0

TOTAL THAILAND					243,844

TURKEY — (0.0%)
*	Albaraka Turk Katilim Bankasi AS Rights 05/11/2022		2,063,167		30,569

TOTAL RIGHTS/WARRANTS					432,018

TOTAL INVESTMENT SECURITIES (Cost $3,779,834,442)					4,385,801,154


				Value†
SECURITIES LENDING COLLATERAL — (2.3%)
@ §	The DFA Short Term Investment Fund		8,758,459		101,309,094

TOTAL INVESTMENTS — (100.0%) (Cost $3,881,129,989)				$	4,487,110,248

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).

†	See Note B to Financial Statements.

@	Security purchased with cash collateral received from Securities on Loan.

§	Affiliated Fund.

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

As of April 30, 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		594		06/17/22	$	31,610,149	$	31,404,780	$	(205,369	)

Total Futures Contracts					$	31,610,149	$	31,404,780	$	(205,369	)

Summary of the Series’ investments as of April 30, 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	$	201,787,024		$	1,185,818		—	$	202,972,842
Chile		1,441,435			24,086,677		—		25,528,112
China		58,521,736			995,571,340	$	5,281,132		1,059,374,208
Colombia		6,329,027			532,199		—		6,861,226
Greece		—			15,228,543		—		15,228,543
Hong Kong		—			140,392		64,429		204,821
Hungary		—			2,973,615		—		2,973,615
India		806,356			739,500,230		10,621		740,317,207
Indonesia		227,373			83,780,323		484,253		84,491,949
Malaysia		—			67,371,947		183,868		67,555,815
Mexico		108,923,993			5,891,945		17,727		114,833,665
Philippines		—			45,356,977		6,144		45,363,121
Poland		—			43,465,527		—		43,465,527
Qatar		—			29,154,527		—		29,154,527
Saudi Arabia		629,016			129,779,042		—		130,408,058
South Africa		6,958,564			171,249,351		—		178,207,915
South Korea		—			660,748,268		1,003,064		661,751,332
Taiwan		—			745,340,267		135,752		745,476,019
Thailand		136,780,290			2,786,744		5,854		139,572,888
Turkey		—			28,571,382		—		28,571,382
United Arab Emirates		—			33,439,739		—		33,439,739
United Kingdom		—			89,080		—		89,080
Preferred Stocks
Brazil		26,611,455			112,432		—		26,723,887
Chile		—			707,265		—		707,265
Philippines		—			562,330		—		562,330
Thailand		1,534,063			—		—		1,534,063
Rights/Warrants
Brazil		—			75		—		75
Hong Kong		—			26,990		—		26,990
India		—			577		—		577
Malaysia		—			20,432		—		20,432
Philippines		—			98,270		—		98,270
Saudi Arabia		—			11,261		—		11,261
Thailand		—			243,844		—		243,844
Turkey		—			30,569		—		30,569
Securities Lending Collateral		—			101,309,094		—		101,309,094
Futures Contracts**		(205,369	)		—		—		(205,369	)

TOTAL	$	550,344,963		$	3,929,367,072	$	7,192,844^	$	4,486,904,879

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

THE EMERGING MARKETS SMALL CAP SERIES

CONTINUED

^	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.

(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)

This item is not applicable.

(a)(2)

Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are filed herewith.

(a)(3)

This item is not applicable.

(b)

Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.


The DFA Investment Trust Company

By:		/s/ David P. Butler
		David P. Butler
		Co-Chief Executive Officer

Date: July 7, 2022

By:		/s/ Gerard K. O’Reilly
		Gerard K. O’Reilly
		Co-Chief Executive Officer and
		Chief Investment Officer

Date: July 7, 2022

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.



By:		/s/ David P. Butler
		David P. Butler
		Co-Principal Executive Officer
		The DFA Investment Trust Company

Date: July 7, 2022

By:		/s/ Gerard K. O’Reilly
		Gerard K. O’Reilly
		Co-Principal Executive Officer
		The DFA Investment Trust Company

Date: July 7, 2022


By:		/s/ Jan Miller
		Jan Miller
		Principal Financial Officer
		The DFA Investment Trust Company

Date: July 7, 2022

Dfa Investment Trust N-CSRSCertified semi-annual shareholder report (management investment company)