SEMI-ANNUAL REPORT. six months ended: April 30, 2015 (Unaudited) DFA Investment Dimensions Group Inc.

Transcription

1 SEMI-ANNUAL REPORT six months ended: April 30, 2015 (Unaudited) DFA Investment Dimensions Group Inc. DFA One-Year Fixed Income Portfolio DFA Two-Year Global Fixed Income Portfolio DFA Selectively Hedged Global Fixed Income Portfolio DFA Five-Year Global Fixed Income Portfolio DFA World ex U.S. Government Fixed Income Portfolio DFA Short-Term Government Portfolio DFA Intermediate Government Fixed Income Portfolio DFA Short-Term Extended Quality Portfolio DFA Intermediate-Term Extended Quality Portfolio DFA Investment Grade Portfolio DFA Inflation-Protected Securities Portfolio DFA Short-Duration Real Return Portfolio DFA Municipal Real Return Portfolio DFA Municipal Bond Portfolio DFA Short-Term Municipal Bond Portfolio DFA Intermediate-Term Municipal Bond Portfolio DFA California Short-Term Municipal Bond Portfolio DFA California Intermediate-Term Municipal Bond Portfolio

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3 Dimensional Fund Advisors 6300 Bee Cave Road, Building One Austin, TX May 2015 Dear Shareholder, Our goal at Dimensional is to deliver an outstanding investment experience to our clients. Our close ties to academia help us identify leading research that can be beneficial to investors, and our team works to interpret, rigorously test, and consider the practical applicability of those ideas in carefully implemented investment strategies. This focus on combining insights gained from research with effective implementation has been central to Dimensional s approach since our founding and will continue to be a key part of our offer to investors. Sincerely, David G. Booth Chairman and Co-Chief Executive Officer

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5 DFA INVESTMENT DIMENSIONS GROUP INC. SEMI-ANNUAL REPORT (Unaudited) Table of Contents Letter to Shareholders Definitions of Abbreviations and Footnotes... 1 Disclosure of Fund Expenses... 3 Disclosure of Portfolio Holdings... 7 Schedules of Investments 9 DFA One-Year Fixed Income Portfolio... 9 DFA Two-Year Global Fixed Income Portfolio DFA Selectively Hedged Global Fixed Income Portfolio DFA Five-Year Global Fixed Income Portfolio DFA World ex U.S. Government Fixed Income Portfolio DFA Short-Term Government Portfolio DFA Intermediate Government Fixed Income Portfolio DFA Short-Term Extended Quality Portfolio DFA Intermediate-Term Extended Quality Portfolio DFA Investment Grade Portfolio DFA Inflation-Protected Securities Portfolio DFA Short-Duration Real Return Portfolio DFA Municipal Real Return Portfolio DFA Municipal Bond Portfolio DFA Short-Term Municipal Bond Portfolio DFA Intermediate-Term Municipal Bond Portfolio DFA California Short-Term Municipal Bond Portfolio DFA California Intermediate-Term Municipal Bond Portfolio Statements of Assets and Liabilities Statements of Operations Statements of Changes in Net Assets Financial Highlights Notes to Financial Statements Voting Proxies on Fund Portfolio Securities Board Approval of Investment Advisory Agreements This report is submitted for the information of the Fund s shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus. Page i

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7 DFA INVESTMENT DIMENSIONS GROUP INC. DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES Schedules of Investments Investment Abbreviations AGM AMBAC ASSURED GTY CP ETM FGIC FSA GO GO OF AUTH GO OF DIST GO OF CMNWLTH GO OF UNIV NATL-RE NATL-RE FGIC P.L.C. PSF-GTD RB RN SA SCH BD RES FD SCH BD GTY SCSDE SD CRED PROG ST ST AID WITHHLDG AUD CAD DKK EUR GBP JPY NOK SEK SGD USD Assured Guaranty Municipal Corporation American Municipal Bond Assurance Corporation Assured Guaranty Certificate Participation Escrowed to Maturity Federal Guaranty Insurance Corporation Financial Security Assurance General Obligation General Obligation of Authority General Obligation of District General Obligation of Commonwealth General Obligation of University Credit rating enhanced by guaranty or insurance from National Public Finance Guarantee Corp. National Public Finance Guarantee Corp. Re-insures Financial Guaranty Insurance Co. Public Limited Company Public School Fund Guarantee Revenue Bond Revenue Note Special Assessment School Board Resolution Fund School Bond Guaranty South Carolina State Department of Education School District Credit Program Special Tax State Aid Withholding Australian Dollars Canadian Dollars Danish Krone Euro British Pounds Japanese Yen Norwegian Krone Swedish Krona Singapore Dollars United States Dollars Investment Footnotes See Note B to Financial Statements. # Total or Partial Securities on Loan. ^ Denominated in USD, unless otherwise Security purchased with cash proceeds from Securities on Loan. (r) The adjustable rate shown is effective as of April 30,

8 DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES CONTINUED Pre-refunded bonds are collateralized by U.S. Government or other eligible securities which are held in escrow and used to pay principal and interest and retire the bonds at the earliest refunding date (payment date) and/or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). ## Rule 144A, Section 4(2), or other security which is restricted as to resale to institutional investors. The Fund s Advisor has deemed this security to be liquid based upon procedures approved by the Board of Trustees. ^^^ Amount of security is not adjusted for inflation. Affiliated Fund. Financial Highlights (A) Computed using average shares outstanding. (B) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master/Underlying Fund(s). (C) Because of commencement of operations and related preliminary transaction costs, these ratios are not necessarily indicative of future ratios. (D) Non-Annualized (E) Annualized N/A Does not apply to this fund. All Statements, Schedules and Notes to Financial Statements Amounts designated as are either zero or rounded to zero. SEC Securities and Exchange Commission (a) Commencement of Operations. 2

9 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, 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 reflect 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. EXPENSE TABLES Beginning Account Value 11/01/14 Ending Account Value 04/30/15 Six Months April 30, 2015 Annualized Expense Ratio* Expenses Paid During Period* DFA One-Year Fixed Income Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $0.84 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.85 DFA Two-Year Global Fixed Income Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $0.84 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.85 3

10 DISCLOSURE OF FUND EXPENSES CONTINUED Beginning Account Value 11/01/14 Ending Account Value 04/30/15 Annualized Expense Ratio* Expenses Paid During Period* DFA Selectively Hedged Global Fixed Income Portfolio Actual Fund Return Institutional Class Shares... $1, $ % $0.84 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.85 DFA Five-Year Global Fixed Income Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.35 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.35 DFA World ex U.S. Government Fixed Income Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.01 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.00 DFA Short-Term Government Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $0.95 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.95 DFA Intermediate Government Fixed Income Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $0.60 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.60 DFA Short-Term Extended Quality Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.10 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.10 DFA Intermediate-Term Extended Quality Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.11 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.10 DFA Investment Grade Portfolio** Actual Fund Return Institutional Class Shares... $1, $1, % $1.11 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.10 4

11 DISCLOSURE OF FUND EXPENSES CONTINUED Beginning Account Value 11/01/14 Ending Account Value 04/30/15 Annualized Expense Ratio* Expenses Paid During Period* DFA Inflation-Protected Securities Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $0.60 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.60 DFA Short-Duration Real Return Portfolio Actual Fund Return Institutional Class Shares... $1, $ % $1.19 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.20 DFA Municipal Real Return Portfolio+ Actual Fund Return Institutional Class Shares... $1, $ % $1.30 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.35 DFA Municipal Bond Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $0.32 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $0.32 DFA Short-Term Municipal Bond Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.09 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.10 DFA Intermediate-Term Municipal Bond Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.14 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.15 DFA California Short-Term Municipal Bond Portfolio Actual Fund Return Institutional Class Shares... $1, $ % $1.09 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.10 DFA California Intermediate-Term Municipal Bond Portfolio Actual Fund Return Institutional Class Shares... $1, $1, % $1.15 Hypothetical 5% Annual Return Institutional Class Shares... $1, $1, % $1.15 * 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. 5

12 DISCLOSURE OF FUND EXPENSES CONTINUED ** The DFA Investment Grade Portfolio is a Fund of Funds. The expenses shown reflect the direct expenses of the Fund of Funds and the indirect payment of the Fund of Funds portion of the expenses of its Master Funds (Affiliated Investment Companies). + DFA Municipal Real Return Portfolio commenced operations on November 4, 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 (177), 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 six months ended April 30, 2015 to allow for comparability. DFA Municipal Bond Portfolio commenced operations on March 10, 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 (51), 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 six months ended April 30, 2015 to allow for comparability. 6

13 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 on Form N-Q. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-Q with the SEC on March 31, They are available upon request, without charge, by calling collect: (512) or by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, Texas 78746, or by visiting the SEC s website at or they may be reviewed and copied at the SEC s Public Reference Room in Washington, D.C. (call for information on the operation of the Public Reference Room). 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 utilized. The following table, which presents portfolio holdings as a percent of total investments before short-term investments and collateral for loaned securities, is provided in compliance with such requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications. FUND OF FUNDS Affiliated Investment Companies DFA Investment Grade Portfolio % FIXED INCOME PORTFOLIOS DFA One-Year Fixed Income Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% DFA Two-Year Global Fixed Income Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% DFA Selectively Hedged Global Fixed Income Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% DFA Five-Year Global Fixed Income Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% DFA World ex U.S. Government Fixed Income Portfolio Government % Foreign Government % Supranational % 100.0% DFA Short-Term Government Portfolio Government % 100.0% DFA Intermediate Government Fixed Income Portfolio Government % 100.0% DFA Short-Term Extended Quality Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% DFA Intermediate-Term Extended Quality Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% 7

14 DISCLOSURE OF PORTFOLIO HOLDINGS CONTINUED DFA Inflation-Protected Securities Portfolio Government % 100.0% DFA Short-Duration Real Return Portfolio Corporate % Government % Foreign Corporate % Foreign Government % Supranational % 100.0% DFA Municipal Real Return Portfolio Muni Insured % Muni G.O. Local % Muni G.O. State % Muni Revenue % 100.0% DFA Municipal Bond Portfolio Muni Insured % Muni G.O. Local % Muni G.O. State % Muni Revenue % 100.0% DFA Short-Term Municipal Bond Portfolio Muni Insured % Muni G.O. Local % Muni G.O. State % Muni Revenue % Muni Pre-Refunded % 100.0% DFA Intermediate-Term Municipal Bond Portfolio Muni Insured % Muni G.O. Local % Muni G.O. State % Muni Revenue % Muni Pre-Refunded % 100.0% DFA California Short-Term Municipal Bond Portfolio Muni Insured % Muni G.O. Local % Muni G.O. State % Muni Revenue % Muni Pre-Refunded % 100.0% DFA California Intermediate-Term Municipal Bond Portfolio Muni Insured % Muni G.O. Local % Muni G.O. State % Muni Revenue % Muni Pre-Refunded % 100.0% 8

15 DFA ONE-YEAR FIXED INCOME PORTFOLIO SCHEDULE OF INVESTMENTS Amount Value AGENCY OBLIGATIONS (9.8%) Federal Home Loan Bank 0.067%, 05/27/15... $ 50,000 $ 49,998, %, 06/03/ ,600 12,599, %, 05/18/ ,000 15,785, %, 06/10/ ,000 71,351, %, 09/09/ , ,488, %, 09/28/ ,000 45,000, %, 10/17/ ,000 9,994, %, 12/09/ , ,479, %, 12/16/ ,000 26,678,525 # 0.875%, 03/10/ ,000 15,055,530 Federal Home Loan Mortgage Corporation 5.000%, 02/16/ ,000 64,638, %, 02/22/ ,000 20,106, %, 04/18/ ,018 4,358,803 Federal National Mortgage Association 0.375%, 07/05/ ,500 23,480, %, 08/26/ ,000 30,061, %, 01/30/ ,000 55,575, %, 02/13/ ,000 26,928, %, 03/14/ ,000 15,021, %, 04/20/ ,360 9,383,082 TOTAL AGENCY OBLIGATIONS ,986,441 BONDS (54.8%) 3M Co %, 09/29/ ,783 9,900,973 Agence Francaise de Developpement 1.125%, 10/03/ ,180 22,330,913 ANZ New Zealand Int l, Ltd %, 08/10/ ,505 55,897,698 Apple, Inc %, 05/03/ ,082 24,100,423 Australia & New Zealand Banking Group, Ltd %, 02/12/ ,000 32,105, %, 01/10/ ,150 1,154,153 Australia & New Zealand Banking Group, Ltd. Floating Rate Note (r) 0.651%, 01/10/ ,800 17,822,570 (r) 0.651%, 01/10/ ,000 4,005,000 Bank Nederlandse Gemeenten NV 2.500%, 01/11/ ,500 33,969, %, 09/12/ ,250 55,601, %, 09/15/ ,600 26,595, %, 10/05/ ,986 12,739, %, 02/21/ ,960 52,012,220 April 30, 2015 (Unaudited) 9 Amount Value Bank of Montreal 1.300%, 07/15/16... $ 17,070 $ 17,191,248 Bank of Montreal Floating Rate Note (r) 0.795%, 07/15/ , ,932,491 Bank of New York Mellon Corp. (The) # 2.950%, 06/18/ ,975 10,006,361 Bank of Nova Scotia (The) 1.375%, 07/15/ ,283 50,696,930 # 1.100%, 12/13/ ,825 36,943,687 # 2.550%, 01/12/ ,500 7,697,453 Bank of Nova Scotia (The) Floating Rate Note (r) 0.795%, 07/15/ ,337 27,466,796 Berkshire Hathaway Finance Corp. Floating Rate Note (r) 0.446%, 01/13/ ,500 31,535,375 Caisse des Depots et Consignations 0.875%, 11/07/ ,200 21,266,102 Canada Government International Bond 0.875%, 02/14/ ,320 54,563,136 Canadian Imperial Bank of Commerce Floating Rate Note (r) 0.795%, 07/18/ ,870 66,161,145 Chevron Corp. Floating Rate Note (r) 0.362%, 02/22/ ,400 15,426,303 Cooperatieve Centrale Raiffeisen-Boerenleenbank BA 2.125%, 10/13/ ,168 23,347,135 Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Floating Rate Note (r) 0.542%, 11/23/ ,500 48,493,792 Council Of Europe Development Bank 1.375%, 03/22/ ,496 33,769, %, 09/22/ ,250 28,511, %, 02/22/ ,000 2,028,300 DBS Bank, Ltd %, 09/14/ ,700 11,770,188 Development Bank of Japan, Inc %, 03/15/ ,600 8,769, %, 10/05/ ,500 48,120, %, 02/01/ ,500 12,347, %, 02/01/ ,300 36,817, %, 03/13/ ,600 16,784,858 Erste Abwicklungsanstalt 1.000%, 02/27/ ,200 80,432,179

16 DFA ONE-YEAR FIXED INCOME PORTFOLIO CONTINUED Amount Value European Bank for Reconstruction & Development 1.375%, 10/20/16... $ 52,000 $ 52,713, %, 02/16/ ,386 47,730,970 European Investment Bank 2.125%, 07/15/ ,500 60,666, %, 08/15/ ,000 4,000, %, 12/15/ ,300 31,568, %, 12/15/ ,500 3,639, %, 01/17/ ,718 42,538, %, 03/15/ ,100 70,472,395 FMS Wertmanagement AoeR 0.625%, 04/18/ ,040 95,192, %, 10/14/ ,286 20,445, %, 01/30/ ,000 22,995,699 General Electric Capital Corp %, 01/08/ ,697 71,016, %, 01/08/ ,000 5,157, %, 05/09/ ,000 10,243, %, 07/12/ ,391 12,522, %, 10/17/ ,689 5,905, %, 01/09/ ,975 41,400, %, 02/15/ ,400 2,589, %, 03/15/ ,550 4,674,597 General Electric Capital Corp. Floating Rate Note (r) 0.554%, 01/09/ ,000 5,013,120 Inter-American Development Bank 5.125%, 09/13/ , ,811, %, 03/15/ ,000 10,079,900 International Bank for Reconstruction & Development 0.625%, 10/14/ ,500 16,498, %, 12/15/ ,000 5,007, %, 05/02/ ,000 29,925,900 Japan Bank for International Cooperation 2.500%, 01/21/ ,000 52,728, %, 01/21/ ,000 30,416, %, 07/13/ ,850 3,924,563 KFW 2.000%, 06/01/ ,000 61,023, %, 10/05/ ,000 47,465, %, 12/15/ ,500 7,507,313 # 4.875%, 01/17/ ,000 21,430, %, 03/17/ ,500 70,595,246 Kommunalbanken A.S %, 01/19/ ,300 77,343, %, 03/29/ ,400 20,404, %, 10/03/ ,000 10,035,860 Kommunekredit 0.875%, 07/29/ ,000 25,102, %, 01/17/ ,363 16,442,606 Amount Value Kommuninvest I Sverige AB 0.500%, 06/15/16... $ 38,190 $ 38,183, %, 12/13/ ,200 68,425, %, 02/13/ ,000 8,122,864 Landeskreditbank Baden- Wuerttemberg Foerderbank 0.625%, 01/26/ ,650 41,545,833 Landwirtschaftliche Rentenbank 2.125%, 07/15/ ,300 12,544,647 Manitoba, Province of Canada 4.900%, 12/06/ ,200 1,279,742 Merck & Co., Inc. Floating Rate Note (r) 0.446%, 05/18/ ,638 30,684,141 Municipality Finance P.L.C %, 09/12/ ,000 29,246,210 National Australia Bank, Ltd %, 01/20/ ,635 47,789, %, 07/25/ ,400 5,434, %, 03/09/ ,930 11,287,455 National Australia Bank, Ltd. Floating Rate Note (r) 0.827%, 07/25/ ,265 87,654,813 (r) 0.692%, 12/02/ ,675 6,698,990 (r) 0.692%, 12/02/ ,845 15,882,046 Nederlandse Waterschapsbank NV 0.750%, 03/29/ ,900 68,067,713 # 2.125%, 06/16/ ,149 39,865,035 Netherlands Government Bond 1.000%, 02/24/ ,500 11,548,369 Nordea Bank Finland P.L.C. Floating Rate Note (r) 0.450%, 06/13/ ,700 58,709,979 Nordic Investment Bank 0.500%, 04/14/ ,500 14,502, %, 03/07/ ,700 38,928,175 Oesterreichische Kontrollbank AG 0.750%, 12/15/ ,000 31,063,705 Ontario, Province of Canada 4.750%, 01/19/ ,000 20,606, %, 05/10/ ,100 17,405, %, 07/22/ ,000 20,102,180 # 1.600%, 09/21/ ,100 89,250, %, 11/28/ ,294 1,379,447 Quebec, Province of Canada 5.125%, 11/14/ ,087 52,386,383 Royal Bank of Canada 2.300%, 07/20/ ,530 1,559,180 # 1.200%, 01/23/ ,000 7,037, %, 04/27/ ,000 47,989,104 Royal Bank of Canada Floating Rate Note (r) 0.724%, 09/09/ ,680 55,865,414 10

17 DFA ONE-YEAR FIXED INCOME PORTFOLIO CONTINUED Amount Value (r) 0.607%, 01/23/17... $ 21,065 $ 21,102,854 (r) 0.539%, 02/03/ ,100 73,163,231 Svensk Exportkredit AB 1.750%, 10/20/ ,058 13,144, %, 05/31/ ,000 10,009, %, 03/01/ ,142 13,097,575 Svenska Handelsbanken AB 3.125%, 07/12/ ,180 34,085,681 Svenska Handelsbanken AB Floating Rate Note (r) 0.735%, 09/23/ , ,217,962 Toronto-Dominion Bank (The) # 2.375%, 10/19/ ,000 9,212,418 Toronto-Dominion Bank (The) Floating Rate Note (r) 0.446%, 07/13/ , ,037,300 (r) 0.724%, 09/09/ ,945 49,140,878 (r) 0.531%, 01/06/ ,000 76,084,360 Total Capital International SA 0.750%, 01/25/ ,000 3,006,636 Total Capital SA 3.000%, 06/24/ ,000 10,036,360 Toyota Motor Credit Corp. Floating Rate Note (r) 0.547%, 05/17/ ,700 7,718,218 (r) 0.365%, 09/23/ ,000 29,998,080 (r) 0.451%, 02/16/ , ,019,210 Wal-Mart Stores, Inc %, 04/15/ ,000 4,092,864 Westpac Banking Corp %, 08/04/ ,992 42,268, %, 01/12/ , ,573,934 Westpac Banking Corp. Floating Rate Note (r) 0.692%, 11/25/ ,835 7,860,268 TOTAL BONDS... 4,303,461,378 U.S. TREASURY OBLIGATIONS (18.1%) U.S. Treasury Notes 1.500%, 06/30/ ,000 86,142, %, 07/31/ , ,304, %, 08/15/ , ,396, %, 09/15/ ,000 50,320, %, 09/30/ ,000 40,331, %, 10/31/ , ,089, %, 11/15/ ,000 40,100, %, 11/30/ ,000 50,031, %, 11/30/ ,000 10,064, %, 12/15/ ,000 50,109, %, 12/31/ , ,885, %, 01/31/ , ,929, %, 02/28/ , ,609, %, 03/15/ ,000 25,091, %, 04/15/ ,000 50,281,250 TOTAL U.S. TREASURY OBLIGATIONS... 1,415,687,241 Amount Value COMMERCIAL PAPER (15.5%) Bank of Nova Scotia (The) 0.491%, 12/05/16... $ 74,300 $ 74,286,626 BNZ International Funding, Ltd. ## 0.180%, 07/07/ ,500 30,490,494 Caisse des Depots et Consignations ## 0.150%, 05/15/ ,000 49,997,917 ## 0.130%, 05/18/ ,000 47,997,480 ## 0.180%, 06/10/ ,000 39,993,850 ## 0.150%, 06/16/ ,000 72,986,372 Canadian Imperial Bank of Commerce 0.449%, 10/28/ ,000 24,989,875 Coca-Cola Co. (The) ## 0.130%, 05/15/ ,625 18,624,379 Commonwealth Bank of Australia ## 0.150%, 07/01/ ,000 49,987,772 ## 0.150%, 07/02/ ,000 49,987,488 ## 0.160%, 07/21/ ,000 19,992,483 Cooperatieve Centrale Raiffeisen-Boerenleenbank BA 0.716%, 05/06/ ,100 41,117,344 CPPIB Capital, Inc. ## 0.140%, 06/22/ ,000 24,993,927 Erste Abwicklungsanstalt ## 0.150%, 05/18/ ,000 19,998,950 National Australia Bank, Ltd. ## 0.100%, 05/01/ ,300 17,299,947 Nederlandse Waterschapsbank NV ## 0.180%, 06/25/ ,000 49,987,945 Nordea Bank Finland P.L.C %, 01/21/ ,655 36,654, %, 02/13/ ,000 99,981,700 Nordea Bank P.L.C. ## 0.165%, 06/22/ ,000 17,994,885 ## 0.170%, 06/23/ ,000 19,994,210 ## 0.175%, 07/01/ ,000 9,996,624 NRW Bank ## 0.155%, 05/07/ ,000 49,998,687 ## 0.180%, 07/23/ ,000 39,984,320 Oesterreichische Kontrollbank AG 0.130%, 05/11/ ,000 29,999,083 Old Line Funding LLC ## 0.120%, 05/18/ ,000 24,998,250 Oversea Chinese Banking 0.130%, 05/05/ ,000 9,999, %, 07/02/ ,000 29,991, %, 07/08/ ,000 49,984,092 PSP Capital, Inc. ## 0.150%, 05/12/ ,000 30,998,967 Royal Bank of Canada 0.451%, 12/15/ ,000 25,036,875 11

18 DFA ONE-YEAR FIXED INCOME PORTFOLIO CONTINUED Amount Value Standard Chartered Bank ## 0.200%, 05/11/15... $ 50,000 $ 49,998,350 Svenska Handelsbanken AB 0.437%, 08/17/ ,600 58,621,916 TOTAL COMMERCIAL PAPER... 1,216,966,801 Shares Value TEMPORARY CASH INVESTMENTS (0.9%) State Street Institutional Liquid Reserves, 0.098%... 72,278,527 $ 72,278,527 SECURITIES LENDING COLLATERAL DFA Short Term Investment Fund... 5,916,372 68,452,420 TOTAL INVESTMENTS (100.0%) (Cost $7,841,606,305)... $7,847,832,808 Summary of the Portfolio s investments as of April 30, 2015, based on their valuation inputs, is as follows (See Security Valuation Note): Investments in Securities (Market Value) Level 1 Level 2 Level 3 Total Agency Obligations... $ 770,986,441 $ 770,986,441 Bonds... 4,303,461,378 4,303,461,378 U.S. Treasury Obligations... 1,415,687,241 1,415,687,241 Commercial Paper... 1,216,966,801 1,216,966,801 Temporary Cash Investments... $72,278,527 72,278,527 Securities Lending Collateral... 68,452,420 68,452,420 TOTAL... $72,278,527 $7,775,554,281 $7,847,832,808 See accompanying Notes to Financial Statements. 12

19 DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO SCHEDULE OF INVESTMENTS Amount^ Value BONDS (66.5%) AUSTRALIA (3.1%) Australia & New Zealand Banking Group, Ltd %, 02/12/ ,875 $ 69,102, %, 01/10/ ,750 14,803,262 Commonwealth Bank of Australia 3.875%, 12/14/15... GBP 33,895 52,966, %, 03/13/ ,000 1,003,180 National Australia Bank, Ltd %, 07/25/ ,800 17,912, %, 07/27/ ,035 6,198, %, 03/09/ ,105 31,089,554 TOTAL AUSTRALIA ,075,669 AUSTRIA (0.6%) Austria Government International Bond 1.750%, 06/17/ ,270 11,432,063 Oesterreichische Kontrollbank AG 2.000%, 06/03/ ,535 2,577, %, 12/15/ ,865 22,911,987 TOTAL AUSTRIA... 36,921,638 CANADA (11.7%) Bank of Nova Scotia (The) 0.950%, 03/15/ ,700 10,742, %, 03/29/ ,505 13,799, %, 07/15/ ,050 43,404, %, 11/08/16... CAD 53,000 44,414, %, 12/13/ ,986 24,063, %, 12/13/ , %, 01/12/ ,750 13,085, %, 01/12/ ,000 10,260,480 British Columbia, Province of Canada 2.100%, 05/18/ ,045 42,731, %, 04/25/ ,626 6,684,342 Canada Government International Bond 0.875%, 02/14/ ,000 10,044,760 Export Development Canada 1.250%, 10/26/ ,585 23,817, %, 12/07/16... GBP 4,300 6,610,273 Manitoba, Province of Canada 4.900%, 12/06/ ,726 6,106, %, 04/03/ ,067 1,077,702 April 30, 2015 (Unaudited) Amount^ Value CANADA (Continued) Ontario, Province of Canada 2.300%, 05/10/ ,730 $ 38,404, %, 07/22/ ,240 43,460, %, 09/21/ ,000 29,371, %, 09/21/ ,527 54,225, %, 11/28/ ,000 5,330,165 Quebec, Province of Canada 5.125%, 11/14/ ,554 2,725,667 Royal Bank of Canada 3.360%, 01/11/16... CAD 79,500 66,913, %, 07/26/16... CAD 24,000 20,314, %, 09/09/ ,361 20,545, %, 01/23/ ,064 35,253, %, 04/27/ ,000 29,993,190 Toronto-Dominion Bank (The) # 2.500%, 07/14/ ,868 36,649, %, 08/02/16... CAD 15,000 12,688, %, 09/09/ ,000 22,226, %, 10/19/ ,700 28,353, %, 10/19/ ,500 11,768,652 TOTAL CANADA ,896,458 DENMARK (1.5%) Denmark Government International Bond 0.375%, 04/25/ ,000 49,001, %, 03/20/ ,000 20,065,800 Kommunekredit 0.875%, 07/29/ ,300 7,330, %, 01/17/ ,000 13,063,245 TOTAL DENMARK... 89,461,030 FINLAND (1.5%) Municipality Finance P.L.C %, 05/16/ ,500 27,011, %, 09/12/ ,182 44,557, %, 12/15/16... GBP 14,273 22,063,945 TOTAL FINLAND... 93,632,447 FRANCE (2.5%) Agence Francaise de Developpement 1.125%, 10/03/ ,552 9,616,992 Caisse des Depots et Consignations 0.875%, 11/07/ ,200 22,269, %, 03/13/ ,400 4,415,673 SNCF Reseau 2.375%, 12/23/15... GBP 72, ,049,565 13

20 DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO CONTINUED Amount^ Value FRANCE (Continued) Total Capital SA 2.300%, 03/15/ ,987 $ 3,034,822 TOTAL FRANCE ,386,271 GERMANY (8.2%) Erste Abwicklungsanstalt 1.000%, 02/27/ ,200 37,307,694 FMS Wertmanagement AoeR 0.625%, 04/18/16... $ 60,900 60,997, %, 10/14/ ,286 4,319, %, 12/07/16... GBP 3,200 4,934, %, 01/30/ ,000 53,989,902 KFW 0.625%, 12/15/ ,600 18,618, %, 01/17/ ,500 45,528, %, 01/17/ ,000 10,715, %, 02/15/ ,000 30,313, %, 03/17/ ,400 56,476,196 Landeskreditbank Baden- Wuerttemberg Foerderbank 0.500%, 06/01/ , ,749, %, 01/26/ ,350 20,299,105 TOTAL GERMANY ,249,621 IRELAND (0.1%) GE Capital UK Funding 4.625%, 01/18/16... GBP 4,000 6,298,336 JAPAN (3.4%) Development Bank of Japan, Inc %, 03/15/ ,000 8,157, %, 10/05/ ,000 30,391, %, 02/01/ ,500 25,224, %, 03/13/ ,580 57,210,075 Japan Bank for International Cooperation 2.500%, 01/21/ ,400 66,316, %, 03/23/ ,000 18,738,000 TOTAL JAPAN ,038,452 NETHERLANDS (7.0%) Bank Nederlandse Gemeenten NV 1.125%, 09/12/ ,100 98,724, %, 10/05/ ,000 4,251, %, 12/12/16... GBP 4,000 6,143, %, 01/31/ ,000 5,381, %, 02/21/ ,782 60,843,086 Cooperatieve Centrale Raiffeisen- Boerenleenbank BA 4.000%, 09/10/15... GBP 30,773 47,747,451 Amount^ Value NETHERLANDS (Continued) 2.125%, 10/13/15... GPB 20,000 $ 20,154, %, 01/19/ ,735 9,084,636 Nederlandse Waterschapsbank NV 0.750%, 03/29/ ,900 69,070,183 # 2.125%, 06/16/ ,500 45,313, %, 09/07/16... GBP 1,687 2,636, %, 02/09/ ,800 18,210,539 Netherlands Government Bond 1.000%, 02/24/17... $ 43,652 43,835,600 TOTAL NETHERLANDS.. 431,398,962 NEW ZEALAND (0.2%) ANZ New Zealand Int l, Ltd. # 1.125%, 03/24/ ,245 10,287,209 NORWAY (2.7%) Kommunalbanken A.S %, 01/19/ ,500 48,149, %, 03/29/ ,000 94,018, %, 10/03/ ,000 5,017, %, 12/15/16... GBP 13,100 20,202,401 TOTAL NORWAY ,388,551 SINGAPORE (0.4%) DBS Bank, Ltd %, 09/14/ ,200 26,357,174 SUPRANATIONAL ORGANIZATION OBLIGATIONS (16.8%) African Development Bank 2.500%, 03/15/ ,000 38,689, %, 09/02/ ,000 5,048, %, 10/18/ ,600 10,623, %, 03/15/ ,000 16,123,952 Asian Development Bank 2.500%, 03/15/ ,693 39,378, %, 06/20/ ,000 5,004, %, 06/27/ ,011 49,725, %, 12/15/16... GBP 19,400 29,899, %, 01/11/ ,000 5,011, %, 03/15/ ,000 15,118,515 Council Of Europe Development Bank 1.250%, 09/22/ ,893 64,483, %, 12/19/16... GBP 3,500 5,456, %, 02/22/ ,389 16,613,578 European Bank for Reconstruction & Development 1.375%, 10/20/ ,654 83,787, %, 02/16/ ,571 43,888,197 European Investment Bank 1.125%, 12/15/ ,100 31,366,745 14

21 DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO CONTINUED Amount^ Value SUPRANATIONAL ORGANIZATION OBLIGATIONS (Continued) 3.125%, 12/15/ ,500 $ 15,076, %, 01/17/ ,900 73,804, %, 01/17/ ,900 29,877, %, 03/15/ ,600 19,989, %, 04/18/ ,000 5,016,340 Inter-American Development Bank 0.625%, 12/15/15... GBP 19,852 30,475, %, 09/13/ ,000 31,847, %, 10/18/16... $ 10,000 10,105, %, 11/15/ ,000 29,095,903 International Bank for Reconstruction & Development 2.125%, 03/15/ ,000 86,335, %, 05/16/ ,500 4,504, %, 10/14/ ,000 17,997, %, 12/28/16... GBP 5,100 7,860, %, 04/17/ ,000 30,167, %, 05/02/ ,000 14,962,950 International Finance Corp %, 11/15/ ,800 2,799,003 Nordic Investment Bank 0.500%, 04/14/ , ,401, %, 03/07/ ,000 25,147,400 TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS... 1,029,684,937 SWEDEN (4.1%) Kommuninvest I Sverige AB 0.500%, 06/15/ ,000 19,996, %, 12/13/ ,000 5,016, %, 02/13/ ,846 7,966,499 Nordea Bank AB 3.875%, 12/15/15... GBP 5,000 7,812, %, 03/20/ ,000 10,351,740 Svensk Exportkredit AB 0.875%, 12/15/15... GBP 46,000 70,681, %, 05/31/ ,500 54,550, %, 12/15/16... GBP 20,000 30,840, %, 03/01/ ,000 5,393,500 Svenska Handelsbanken AB 3.125%, 07/12/ ,790 38,821,516 TOTAL SWEDEN ,431,388 UNITED KINGDOM (0.2%) Network Rail Infrastructure Finance P.L.C %, 08/31/ ,225 11,325,812 Amount^ Value UNITED STATES (2.5%) Berkshire Hathaway, Inc %, 01/31/17... $ 4,000 $ 4,083, %, 01/31/ ,000 3,061,845 Exxon Mobil Corp %, 03/15/ ,826 9,879,434 General Electric Capital Corp %, 01/08/ ,517 22,618, %, 05/09/ ,340 5,470, %, 07/12/ ,012 14,160, %, 10/17/ , %, 10/20/ ,000 20,257, %, 01/09/ ,723 26,640, %, 01/09/ ,600 19,255, %, 02/15/ ,000 5,395, %, 03/15/ ,000 8,219,072 Procter & Gamble Co. (The) # 0.750%, 11/04/ ,600 3,608,759 Toyota Motor Credit Corp %, 05/17/ ,035 7,051,258 Wal-Mart Stores, Inc %, 04/05/ ,500 1,632,618 TOTAL UNITED STATES ,269,212 TOTAL BONDS... 4,074,103,167 AGENCY OBLIGATIONS (11.6%) Federal Home Loan Bank 2.000%, 09/09/ ,980 30,599, %, 11/23/ ,000 50,050, %, 12/09/ , ,126, %, 03/10/ ,000 60,222,120 Federal Home Loan Mortgage Corporation 2.000%, 08/25/ ,000 30,598, %, 10/14/ ,000 75,415, %, 01/27/ ,000 39,924, %, 02/16/ ,000 21,546,040 # 0.875%, 02/22/ ,000 70,371, %, 03/08/ ,000 70,438,130 Federal National Mortgage Association 1.250%, 01/30/ ,000 60,627, %, 02/13/ ,000 16,157, %, 03/14/ ,000 15,021, %, 04/20/ ,500 18,545, %, 04/27/ ,000 15,142,470 TOTAL AGENCY OBLIGATIONS ,786,818 U.S. TREASURY OBLIGATIONS (18.2%) U.S. Treasury Notes # 1.000%, 10/31/ , ,462, %, 11/15/ ,000 75,187, %, 11/30/ ,000 85,551, %, 12/15/ ,000 20,043,760 15

22 DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO CONTINUED Amount^ Value U.S. TREASURY OBLIGATIONS (Continued) 0.875%, 12/31/ ,000 $ 110,696, %, 01/15/ ,000 65,253, %, 01/31/ ,000 75,462, %, 02/15/ ,000 35,054, %, 02/28/ , ,310, %, 03/15/ ,000 75,275,400 # 0.500%, 03/31/ , ,847, %, 04/15/ ,000 50,281,250 TOTAL U.S. TREASURY OBLIGATIONS... 1,115,427,265 Shares Value SECURITIES LENDING COLLATERAL DFA Short Term Investment Fund... 19,847,229 $ 229,632,440 TOTAL INVESTMENTS (100.0%) (Cost $6,162,648,932)... $6,128,949,690 Summary of the Portfolio s investments as of April 30, 2015, 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... $ 193,075,669 $ 193,075,669 Austria... 36,921,638 36,921,638 Canada ,896, ,896,458 Denmark... 89,461,030 89,461,030 Finland... 93,632,447 93,632,447 France ,386, ,386,271 Germany ,249, ,249,621 Ireland... 6,298,336 6,298,336 Japan ,038, ,038,452 Netherlands ,398, ,398,962 New Zealand... 10,287,209 10,287,209 Norway ,388, ,388,551 Singapore... 26,357,174 26,357,174 Supranational Organization Obligations... 1,029,684,937 1,029,684,937 Sweden ,431, ,431,388 United Kingdom... 11,325,812 11,325,812 United States ,269, ,269,212 Agency Obligations ,786, ,786,818 U.S. Treasury Obligations... 1,115,427,265 1,115,427,265 Securities Lending Collateral ,632, ,632,440 Forward Currency Contracts**... (22,032,514) (22,032,514) TOTAL... $6,106,917,176 $6,106,917,176 ** Not reflected in the Schedule of Investments, valued at the unrealized appreciation/(depreciation) on the investment. (Note G) See accompanying Notes to Financial Statements. 16

23 DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO SCHEDULE OF INVESTMENTS Amount^ Value BONDS (93.8%) AUSTRALIA (2.1%) Australia & New Zealand Banking Group, Ltd %, 06/13/ ,350 $ 2,358,211 Commonwealth Bank of Australia 1.900%, 09/18/ ,000 10,164,970 Rio Tinto Finance USA, Ltd %, 05/20/ ,525 2,565,602 Westpac Banking Corp %, 08/14/ ,425 8,567,829 TOTAL AUSTRALIA... 23,656,612 CANADA (5.9%) Brookfield Asset Management, Inc %, 04/25/ ,150 4,491,130 Cenovus Energy, Inc %, 10/15/ ,775 6,491,781 Royal Bank of Canada 1.400%, 10/13/ ,000 1,003, %, 01/16/ ,673 7,705, %, 01/16/ ,384 4,403,890 Teck Resources, Ltd %, 02/01/ ,000 4,985,060 Thomson Reuters Corp. # 6.500%, 07/15/ ,700 5,356,971 Toronto-Dominion Bank (The) 1.400%, 04/30/ ,615 29,642,631 TransCanada PipeLines, Ltd %, 06/01/ ,105 2,109,071 TOTAL CANADA... 66,189,592 FRANCE (2.5%) BNP Paribas SA 2.375%, 09/14/ ,000 8,176,216 BPCE SA 2.500%, 12/10/ ,000 1,025, %, 07/15/ ,900 4,967,551 Orange SA 2.750%, 09/14/ ,015 4,111,645 Societe Generale SA 2.750%, 10/12/ ,000 8,226,536 Total Capital International SA 1.550%, 06/28/ ,165 2,193,390 TOTAL FRANCE... 28,700,910 GERMANY (2.5%) Deutsche Bank AG 3.250%, 01/11/ ,498 3,557, %, 09/01/ ,000 4,391,676 April 30, 2015 (Unaudited) Amount^ Value GERMANY (Continued) FMS Wertmanagement AoeR 1.000%, 11/21/ ,000 $ 20,017,700 TOTAL GERMANY... 27,966,643 JAPAN (3.5%) Bank of Tokyo-Mitsubishi UFJ, Ltd. (The) ## 2.350%, 09/08/ ,000 3,027,060 Development Bank of Japan, Inc %, 01/22/ ,200 19,106,016 Japan Finance Organization for Municipalities 1.375%, 02/05/ ,330 11,336,390 Sumitomo Mitsui Banking Corp %, 07/18/ ,000 4,006, %, 01/10/ ,600 2,637,562 TOTAL JAPAN... 40,113,900 NETHERLANDS (1.5%) Bank Nederlandse Gemeenten NV 1.375%, 09/27/ ,000 5,041, %, 03/19/ ,000 5,030,055 Cooperatieve Centrale Raiffeisen- Boerenleenbank BA 2.250%, 01/14/ ,070 2,100,655 Nederlandse Waterschapsbank NV 1.500%, 04/16/ ,000 5,042,420 TOTAL NETHERLANDS... 17,215,120 NORWAY (1.3%) Kommunalbanken A.S %, 06/08/ ,000 10,099,510 Statoil ASA 3.125%, 08/17/ ,300 4,496,604 TOTAL NORWAY... 14,596,114 SPAIN (0.2%) Telefonica Emisiones SAU 3.192%, 04/27/ ,500 2,599,862 SUPRANATIONAL ORGANIZATION OBLIGATIONS (4.3%) African Development Bank 0.875%, 03/15/ ,040 8,003,233 European Investment Bank # 1.625%, 06/15/ ,000 15,265, %, 12/15/ ,000 15,017,385 17

24 DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO CONTINUED Amount^ Value SUPRANATIONAL ORGANIZATION OBLIGATIONS (Continued) Inter-American Development Bank 0.875%, 03/15/ ,000 $ 9,966,690 TOTAL SUPRANATIONAL ORGANIZATION OBLIGATIONS... 48,253,168 SWEDEN (1.2%) Kommuninvest I Sverige AB 1.000%, 10/24/ ,000 3,999,156 Nordea Bank AB %, 05/15/ ,000 3,001,056 Svenska Handelsbanken AB 2.500%, 01/25/ ,350 6,500,933 TOTAL SWEDEN... 13,501,145 SWITZERLAND (1.4%) Credit Suisse New York 2.300%, 05/28/ ,425 6,468, %, 08/13/ ,016 1,146,997 UBS AG 5.875%, 12/20/ ,325 4,794, %, 04/25/ ,350 2,631, %, 08/14/ ,651 TOTAL SWITZERLAND... 15,713,541 UNITED KINGDOM (4.0%) Barclays P.L.C %, 11/08/ ,000 8,092,640 BP Capital Markets P.L.C %, 11/01/ , %, 05/05/ %, 02/13/ ,600 2,632,786 GlaxoSmithKline Capital P.L.C %, 05/08/ ,025 2,048,253 Lloyds Bank P.L.C %, 03/28/ ,000 4,226,204 Network Rail Infrastructure Finance P.L.C %, 05/15/ ,000 9,923,300 Rio Tinto Finance USA P.L.C %, 08/21/ ,628 3,646,216 Royal Bank of Scotland Group P.L.C %, 09/18/ ,000 4,023, %, 10/21/ ,125 1,296,984 Vodafone Group P.L.C %, 02/27/ ,000 8,618,440 TOTAL UNITED KINGDOM... 45,018,299 Amount^ Value UNITED STATES (63.4%) AbbVie, Inc %, 11/06/15 $ 4,715 $ 4,727,118 ACE INA Holdings, Inc %, 11/23/ ,215 4,258,663 Actavis, Inc %, 10/01/ ,000 4,010,616 Aetna, Inc %, 03/15/ ,000 5,038,730 Aflac, Inc %, 02/15/ ,650 2,728,186 Agilent Technologies, Inc %, 11/01/ ,930 American Express Co %, 08/28/ ,000 5,540, %, 03/19/ ,000 2,298,722 American International Group, Inc %, 01/16/ ,000 7,793,324 Ameriprise Financial, Inc %, 11/15/ ,220 1,249,458 Anadarko Petroleum Corp %, 09/15/ ,012 2,139,995 Anheuser-Busch InBev Worldwide, Inc %, 07/15/ ,355 1,365, %, 01/15/ ,000 8,024,247 Anthem, Inc %, 06/15/ ,990 4,358, %, 01/15/ ,000 4,028,340 Apache Corp %, 09/15/ ,890 5,661,001 Apple, Inc %, 05/03/ ,000 25,871,846 Arizona Public Service Co %, 03/01/ ,000 3,754,533 Assurant, Inc %, 03/15/ ,000 5,082,685 AT&T, Inc %, 12/01/ ,000 8,992,818 Autodesk, Inc %, 12/15/ ,000 4,029,332 Bank of America Corp %, 01/15/ ,670 1,696, %, 04/01/ ,000 1,017,455 Bank of New York Mellon Corp. (The) 2.200%, 05/15/ ,030 4,087, %, 02/24/ ,600 3,615,116 Baxter International, Inc %, 06/15/ ,000 5,035,030 BB&T Corp %, 01/12/ ,000 9,015,345 18

25 DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO CONTINUED Amount^ Value UNITED STATES (Continued) Becton Dickinson and Co %, 05/15/19... $ 2,000 $ 2,215, %, 08/01/ ,500 5,235,192 Berkshire Hathaway Finance Corp %, 05/15/ ,875 Berkshire Hathaway, Inc %, 02/09/ ,000 10,123,920 BlackRock, Inc. # 6.250%, 09/15/ ,000 5,587,035 Bristol-Myers Squibb Co %, 03/01/ ,000 5,017,290 Buckeye Partners L.P %, 01/15/ ,880 2,050,055 Capital One Financial Corp %, 09/15/ ,000 4,485,608 Cardinal Health, Inc %, 03/15/ ,000 9,058,248 Caterpillar Financial Services Corp %, 09/06/ ,880 2,965,069 CBS Corp %, 08/15/ ,638 6,642,952 Celgene Corp %, 05/15/ ,000 5,050,830 Chevron Corp %, 12/05/ ,500 7,506,637 Cigna Corp %, 03/15/ ,190 1,280,427 Cisco Systems, Inc %, 03/01/ ,000 5,090,175 Citigroup, Inc %, 01/10/ ,000 4,205, %, 08/15/ ,000 4,388,088 CNA Financial Corp %, 11/15/ ,000 3,589,644 Coca-Cola Enterprises, Inc %, 09/15/ ,389 3,406,687 Comcast Corp %, 01/15/ ,500 1,641,138 Comerica, Inc %, 05/23/ ,097 Computer Sciences Corp %, 09/15/ ,000 4,023,984 CR Bard, Inc %, 01/15/ ,085 5,061,177 Daimler Finance North America LLC 1.650%, 03/02/ ,600 3,623,526 Devon Energy Corp %, 12/15/ ,000 5,058,920 DIRECTV Holdings LLC/ DIRECTV Financing Co., Inc %, 03/15/ ,000 4,071,600 Amount^ Value UNITED STATES (Continued) Dollar General Corp %, 04/15/18... $ 5,000 $ 4,969,010 Dominion Resources, Inc %, 12/01/ ,167 6,269,212 DTE Energy Co %, 12/01/ ,210 3,250,212 Eastman Chemical Co %, 06/01/ ,000 4,085,392 ebay, Inc %, 08/01/ ,500 9,476,535 EI du Pont de Nemours & Co %, 07/15/ ,475 2,822,480 EMC Corp %, 06/01/ ,780 8,877,677 Enbridge Energy Partners L.P %, 12/15/ ,000 2,135,362 EOG Resources, Inc %, 02/01/ ,400 3,444,758 Exelon Generation Co. LLC 6.200%, 10/01/ ,000 4,411,288 Express Scripts Holding Co %, 06/15/ ,865 5,875,017 Exxon Mobil Corp %, 03/06/ ,000 24,148,344 Fifth Third Bancorp 3.625%, 01/25/ , %, 03/01/ ,270 2,293,088 Fifth Third Bank 2.375%, 04/25/ ,615 1,635,980 FMC Technologies, Inc %, 10/01/ ,000 4,994,005 Ford Motor Credit Co. LLC 5.000%, 05/15/ ,000 5,444, %, 03/12/ ,000 1,010,631 Freeport-McMoRan, Inc %, 03/01/ ,000 4,009,960 GATX Corp %, 03/15/ ,000 2,995,998 General Dynamics Corp %, 11/15/ ,000 2,000,418 General Electric Capital Corp. # 1.625%, 04/02/ ,000 15,163,125 Goldman Sachs Group, Inc. (The) 6.250%, 09/01/ ,550 1,712, %, 01/18/ ,000 2,218,334 Harley-Davidson Financial Services, Inc %, 02/26/ ,000 5,034,515 Hartford Financial Services Group, Inc. (The) 4.000%, 10/15/ ,142 5,474,739 Hewlett-Packard Co %, 09/15/ ,000 4,098,692 19