Distribution Announcement Update
January 26, 2005: Updated values are in bold.
A portion of the September 2004 quarterly distribution will be reclassified from ordinary income to long-term capital gain as follows (per share):
| US Micro Cap Portfolio |
$0.0070 |
$0.0000 |
$0.0000 |
$0.0070 |
| US Small Cap Value Portfolio |
$0.0020 |
$0.0000 |
$0.0000 |
$0.0020 |
| US Small XM Value Portfolio |
$0.0140 |
$0.0000 |
$0.0000 |
$0.0140 |
LWAS/DFA International
High Book-to-Market Portfolio |
$0.0780 |
$0.0000 |
$0.0766 |
$0.0014 |
| Emerging Markets Value Portfolio |
$0.0920 |
$0.0000 |
$0.0746 |
$0.0174 |
|
Distribution Update
As previously announced, a portion of the full-year 2004 income distribution will be characterized for tax purposes as a Return of Capital (ROC) rather than ordinary income (view the original announcement). The updated characterization from ordinary income to Return of Capital on a quarterly basis is as follows (per share):
| US Small Cap Portfolio |
$0.0000 |
$0.0102 |
$0.0064 |
$0.0166 |
| US Large Cap Value Portfolio |
$0.0018 |
$0.0035 |
$0.0030 |
$0.0083 |
| US Large Cap Value Portfolio II |
$0.0000 |
$0.0015 |
$0.0009 |
$0.0024 |
| US Large Cap Value Portfolio III |
$0.0000 |
$0.0002 |
$0.0001 |
$0.0003 |
LWAS/DFA US High
Book-to-Market Portfolio |
$0.0011 |
$0.0023 |
$0.0019 |
$0.0053 |
| Enhanced US Large Company Portfolio |
$0.0012 |
$0.0016 |
$0.0016 |
$0.0044 |
| International Value Portfolio |
$0.0002 |
$0.0061 |
$0.0033 |
$0.0096 |
| International Value Portfolio II |
$0.0000 |
$0.0013 |
$0.0007 |
$0.0020 |
| International Value Portfolio III |
$0.0000 |
$0.0009 |
$0.0005 |
$0.0014 |
| Two-Year Global Fixed Income Portfolio |
$0.0008 |
$0.0009 |
$0.0010 |
$0.0027 |
| Global 25/75 Portfolio Institutional Class |
$0.0006 |
$0.0010 |
$0.0010 |
$0.0026 |
| Global 25/75 Portfolio Retail Class |
$0.0004 |
$0.0010 |
$0.0008 |
$0.0022 |
|
This information has been submitted to the custodians for inclusion in each shareholder's Form 1099.
