Strategies /
Tax-Mgd. US Equity Portfolio
| Inception Date | Ticker Symbol | CUSIP Number |
| September 25, 2001 | DTMEX | 233-203-447 |
The Tax-Managed US Equity Portfolio is a no-load mutual fund designed to achieve long-term capital appreciation while minimizing federal income taxes on returns. The Portfolio invests in a broad and diverse group of securities of US companies in the market universe. The market universe is comprised primarily of companies listed on the New York Stock Exchange, Nasdaq Global Market® or such other securities exchanges deemed appropriate by Dimensional. The Portfolio seeks to maximize the after tax value of an investment by managing its portfolio in a manner that will defer the realization of net capital gains where possible and may attempt to reduce dividend income.
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 24, 2013 | $17.84 | $-0.02 | -0.11% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| May 24, 2013 | 16.73% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| April 30, 2013 | 1.53% | 6.88% | 12.74% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| April 30, 2013 | 16.89% | 5.37% | 8.22% | 6.34% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| As of March 31, 2013 | 14.29% | 6.07% | 8.89% | 6.24% |
| Annual Expenses | Net Expense Ratio (to investor) | Total Operating Expense Ratio |
|---|---|---|
| 0.22% | 0.22% | |
| Operating Expense ratio as of 10/31/2012. The net expense ratio takes into account contractual management fee waivers/caps and expense assumption agreements that are in effect through 2/28/2014. 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 | $0.0510 USD | 03/07/2013 | 03/08/2013 | 03/11/2013 | $16.75 USD |
| Dividend | $0.0040 USD | 12/26/2012 | 12/27/2012 | 12/28/2012 | $15.22 USD |
| Dividend | $0.1170 USD | 12/12/2012 | 12/13/2012 | 12/18/2012 | $15.21 USD |
| Dividend | $0.0670 USD | 09/07/2012 | 09/10/2012 | 09/13/2012 | $15.32 USD |
| Dividend | $0.0680 USD | 06/07/2012 | 06/08/2012 | 06/13/2012 | $14.18 USD |
Top Holdings (2568 Total)
| As of March 31, 2013 | % of portfolio |
|---|---|
| EXXON MOBIL CORP | 2.53 |
| APPLE INC | 2.42 |
| GENERAL ELECTRIC CO | 1.49 |
| CHEVRON CORP | 1.43 |
| INTERNATIONAL BUSINESS MACHINES CORP | 1.41 |
| JOHNSON & JOHNSON | 1.40 |
| GOOGLE INC | 1.31 |
| PFIZER INC | 1.31 |
| MICROSOFT CORP | 1.30 |
| PROCTER & GAMBLE CO/THE | 1.29 |
| AT&T INC | 1.22 |
| WELLS FARGO & CO | 1.14 |
| JPMORGAN CHASE & CO | 1.11 |
| BERKSHIRE HATHAWAY INC | 1.09 |
| COCA-COLA CO/THE | 0.99 |
| PHILIP MORRIS INTERNATIONAL INC | 0.93 |
| VERIZON COMMUNICATIONS INC | 0.86 |
| WAL-MART STORES INC | 0.84 |
| CITIGROUP INC | 0.82 |
| MERCK & CO INC | 0.82 |
| Total | 25.71 |
Sector Allocations
| As of April 30, 2013 | % of portfolio |
|---|---|
| Information Technology | 17.8 |
| Financials | 14.2 |
| Consumer Discretionary | 13.1 |
| Health Care | 12.6 |
| Industrials | 11.3 |
| Energy | 10.3 |
| Consumer Staples | 10.2 |
| Materials | 3.9 |
| Utilities | 3.8 |
| Telecommunication Services | 2.8 |
| REITs | 0.0 |
| Other | 0.0 |
| Total | 100.0 |
| Sectors defined by MSCI | |
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.
Small Company Risk
Securities of small companies are often less liquid than those of large companies. As a result, small company stocks may fluctuate relatively more in price. In general, small companies are also more vulnerable than larger companies to adverse business or economic developments and they may have more limited resources.
Tax Management Strategy Risk
Tax-management strategies may alter investment decisions and affect the portfolio holdings when compared to those of non-tax-managed mutual funds. Performance of the fund may deviate from that of non-tax-managed mutual funds.
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.
Small Company Risk
Securities of small companies are often less liquid than those of large companies. As a result, small company stocks may fluctuate relatively more in price. In general, small companies are also more vulnerable than larger companies to adverse business or economic developments and they may have more limited resources.
Tax Management Strategy Risk
Tax-management strategies may alter investment decisions and affect the portfolio holdings when compared to those of non-tax-managed mutual funds. Performance of the fund may deviate from that of non-tax-managed mutual funds.
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.