Strategies /
Two-Year Global Fixed Portfolio (I)
| Inception Date | Ticker Symbol | CUSIP Number |
| February 9, 1996 | DFGFX | 233-203-645 |
The investment objective of the DFA Two-Year Global Fixed Income Portfolio is to maximize total returns consistent with preservation of capital. Generally, the Portfolio will acquire high quality obligations which mature within two years from the date of settlement. The Portfolio expects to invest in obligations issued or guaranteed by countries that are members of the Organization of Economic Cooperation and Development, but may invest in other countries as well. Investments in corporate debt obligations, bank obligations, commercial paper, repurchase agreements, and obligations of other domestic and foreign issuers with high quality ratings may also be included. The Portfolio will also enter into forward foreign currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. The Portfolio is diversified; and with respect to corporate debt obligations and commercial paper, the Portfolio generally invests in US securities rated A1/P1 or better and non-US securities rated AA/As2 or better.
For a full description, please consult the Portfolio's prospectus.
For a full description, please consult the Portfolio's prospectus.
Related materials
Prices
| Updated Daily | ||||
|---|---|---|---|---|
| Date | Closing Price | NAV Change $ | NAV Change % | |
| September 1, 2010 | $10.30 | $0.00 | 0.00% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| September 1, 2010 | 1.59% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| August 31, 2010 | 0.19% | 0.78% | 1.59% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| August 31, 2010 | 2.00% | 3.61% | 3.59% | 4.32% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| June 30, 2010 | 1.90% | 3.59% | 3.66% | 4.34% |
| Annual Expenses | Net Expense Ratio (to investor) | Total Operating Expense Ratio |
|---|---|---|
| October 31, 2009 | 0.20% | 0.20% |
Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.0010 USD | 03/08/2010 | 03/09/2010 | 03/12/2010 | $10.20 USD |
| Dividend | $0.1260 USD | 12/08/2009 | 12/09/2009 | 12/14/2009 | $10.17 USD |
| Long-Term Gain | $0.0100 USD | 12/08/2009 | 12/09/2009 | 12/14/2009 | $10.17 USD |
| Dividend | $0.0360 USD | 09/08/2009 | 09/09/2009 | 09/14/2009 | $10.24 USD |
Holdings
| As of July 31, 2010 | % of portfolio |
|---|---|
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | 3.51 |
| PROVINCE OF BRITISH COLUMBIA CANADA | 2.79 |
| PROVINCE OF ONTARIO CANADA | 2.73 |
| FEDERAL HOME LOAN BANKS | 2.68 |
| NETHERLANDS GOVERNMENT BOND | 2.39 |
| FEDERAL HOME LOAN BANKS | 2.30 |
| BANK OF NOVA SCOTIA | 2.27 |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | 2.26 |
| SOCIETE FINANCEMENT DE L'ECONOMIE FRANCAISE | 2.17 |
| FEDERAL HOME LOAN MORTGAGE CORP | 2.17 |
| FEDERAL FARM CREDIT BANK | 2.15 |
| GENERAL ELECTRIC CAPITAL CORP | 2.12 |
| DANSKE BANK A/S | 2.10 |
| BARCLAYS BANK PLC | 2.00 |
| NEDERLANDSE WATERSCHAPSBANK NV | 1.98 |
| DENMARK GOVERNMENT INTERNATIONAL BOND | 1.85 |
| FEDERAL HOME LOAN MORTGAGE CORP | 1.81 |
| OESTERREICHISCHE KONTROLLBANK AG | 1.70 |
| ROYAL BANK OF CANADA | 1.64 |
| KOMMUNINVEST I SVERIGE | 1.44 |
| Total | 44.07 |
Sector Allocations
Market Risk
Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the value of securities, and the funds that own them, to rise or fall. Because the value of your investment in a fund will fluctuate, there is a risk that you will lose money.
Foreign Securities and Currencies Risk
Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities are also exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the US dollar).
Interest Rate Risk
Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. In general, fixed income securities with longer maturities are more sensitive to these price changes.
Credit Risk
Credit risk is the risk that the issuer of a security may be unable to make interest payments and/or repay principal when due. A downgrade to an issuer's credit rating or a perceived change in an issuer's financial strength may affect a security's value, and thus, impact a fund's performance. Credit risk is greater for fixed income securities with ratings below investment grade. Fixed income securities that are below investment grade involve high credit risk and are considered speculative. Below-investment grade fixed income securities may also fluctuate in value more than higher-quality fixed income securities.
Risk of Banking Concentration
The fund may temporarily concentrate its assets in obligations of US and/or foreign banks and bank holding companies when the yield to maturity on eligible portfolio investments in banking industry securities as a group generally exceeds the yield to maturity on all other eligible portfolio investments as a group. Focus on the banking industry would link the performance of the fund to changes in the performance of the banking industry. For example, a change in the market's perception of the riskiness of banks compared to non-banks would cause the fund's values to fluctuate.
Income Risk
Income risk is the risk that falling interest rates will cause the fund's income to decline.
Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the value of securities, and the funds that own them, to rise or fall. Because the value of your investment in a fund will fluctuate, there is a risk that you will lose money.
Foreign Securities and Currencies Risk
Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities are also exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the US dollar).
Interest Rate Risk
Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. In general, fixed income securities with longer maturities are more sensitive to these price changes.
Credit Risk
Credit risk is the risk that the issuer of a security may be unable to make interest payments and/or repay principal when due. A downgrade to an issuer's credit rating or a perceived change in an issuer's financial strength may affect a security's value, and thus, impact a fund's performance. Credit risk is greater for fixed income securities with ratings below investment grade. Fixed income securities that are below investment grade involve high credit risk and are considered speculative. Below-investment grade fixed income securities may also fluctuate in value more than higher-quality fixed income securities.
Risk of Banking Concentration
The fund may temporarily concentrate its assets in obligations of US and/or foreign banks and bank holding companies when the yield to maturity on eligible portfolio investments in banking industry securities as a group generally exceeds the yield to maturity on all other eligible portfolio investments as a group. Focus on the banking industry would link the performance of the fund to changes in the performance of the banking industry. For example, a change in the market's perception of the riskiness of banks compared to non-banks would cause the fund's values to fluctuate.
Income Risk
Income risk is the risk that falling interest rates will cause the fund's income to decline.
Dimensional Fund Advisors is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (310) 395-8005; on the Internet at www.dimensional.com; or, by mail, DFA Securities LLC, c/o Dimensional Fund Advisors, 1299 Ocean Avenue, 11th Floor, Santa Monica, CA 90401.
Mutual funds distributed by DFA Securities LLC
Mutual funds distributed by DFA Securities LLC
These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors reserves the right to restate these NAV figures, if necessary, at any time.
Performance data represents past performance. Past performance is no guarantee of future results, and current performance may be higher or lower than the performance displayed. The investment return and principal value of an investment will fluctuate such that an investor's shares, when redeemed, may be worth more or less than their original cost. Total returns include reinvestment of dividends and capital gains and are net of all fees and expenses. Prior to April 2002, certain international equity portfolios charged a reimbursement fee to the purchasers of shares of those portfolios.