Strategies /
Two-Year Global Fixed Portfolio (I)
| Inception Date | Ticker Symbol | CUSIP Number |
| February 9, 1996 | DFGFX | 233-203-645 |
The Two-Year Global Fixed Income Portfolio is a no-load mutual fund designed to maximize total returns consistent with preservation of capital. The Portfolio generally invests in a universe of US and foreign debt securities maturing in two years or less. Currently, most investments are made in developed countries, but other countries may be added in the future. The fixed income securities in which the Portfolio invests are considered investment grade at the time of purchase. The Portfolio will also enter into forward foreign currency contracts to hedge against fluctuations in currency exchange rates.
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 % | |
| May 22, 2013 | $10.07 | $0.00 | 0.00% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| May 22, 2013 | 0.30% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| April 30, 2013 | 0.10% | 0.30% | 0.30% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| April 30, 2013 | 0.84% | 1.80% | 2.32% | 3.77% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| As of March 31, 2013 | 0.83% | 1.84% | 2.34% | 3.79% |
| Annual Expenses | Net Expense Ratio (to investor) | Total Operating Expense Ratio |
|---|---|---|
| 0.18% | 0.18% | |
| Operating Expense ratios as of 10/31/2012. The fund's prospectus contains more information on fees and expenses. | ||
Performance data shown represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent month-end, visit www.dimensional.com.
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Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.0780 USD | 12/11/2012 | 12/12/2012 | 12/18/2012 | $10.04 USD |
| Long-Term Gain | $0.0030 USD | 12/11/2012 | 12/12/2012 | 12/18/2012 | $10.04 USD |
| Short-Term Gain | $0.0200 USD | 12/11/2012 | 12/12/2012 | 12/18/2012 | $10.04 USD |
| Dividend | $0.0120 USD | 09/07/2012 | 09/10/2012 | 09/13/2012 | $10.12 USD |
| Dividend | $0.0310 USD | 06/07/2012 | 06/08/2012 | 06/13/2012 | $10.10 USD |
Top Holdings
| As of April 30, 2013 | % of portfolio |
|---|---|
| NATIONAL AUSTRALIA BANK SR UNSECURED 01/15 3.5 | 3.02 |
| CANADIAN GOVERNMENT BONDS 08/13 2. | 2.98 |
| ONTARIO (PROVINCE OF) SR UNSECURED 02/15 2.95 | 2.96 |
| EFSF GOVT GUARANT REGS 03/14 1. | 2.96 |
| PROCTER + GAMBLE CO/THE SR UNSECURED 05/14 4.5 | 2.89 |
| BELGIUM KINGDOM BONDS 09/14 4.25 | 2.83 |
| KINGDOM OF DENMARK BONDS 11/14 2. | 2.81 |
| SWEDISH EXPORT CREDIT SR UNSECURED 05/14 3.625 | 2.79 |
| NORDEA BANK AB SR UNSECURED 05/14 4.5 | 2.59 |
| BANK OF NOVA SCOTIA DEPOSIT NOTE 07/14 3.43 | 2.45 |
| SNS BANK NV GOVT LIQUID 03/14 3.5 | 2.43 |
| BRITISH COLUMBIA PROV OF DEBENTURES 06/14 7.5 | 2.42 |
| RABOBANK NEDERLAND SR UNSECURED REGS 02/15 3. | 2.20 |
| SFEF GOVT LIQUID 06/14 3.125 | 2.19 |
| SVENSKA HANDELSBANKEN AB SR UNSECURED 03/14 4.875 | 2.16 |
| KOMMUNALBANKEN AS SR UNSECURED 10/14 2.875 | 2.15 |
| WESTPAC BANKING CORP NOTES 12/14 3.75 | 2.09 |
| GENERAL ELEC CAP CORP SR UNSECURED 01/15 2.15 | 2.05 |
| NETWORK RAIL INFRA FIN GOVT GUARANT 06/13 3.5 | 2.05 |
| BK NEDERLANDSE GEMEENTEN SR UNSECURED REGS 03/15 1 | 2.03 |
| Total | 50.07 |
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 (512) 306-7400 or at www.dimensional.com.
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.