Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print DFA VA US Large Value Release date as of 2024-10-31. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-10-31 Out of 1084 Large Value Funds Morningstar® Style Box™ What is this? As of 2024-09-30 Total Fund Assets ($ Mil) 673.36 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks long-term capital appreciation. The fund purchases a broad and diverse group of readily marketable securities of large U.S. companies that the Advisor determines to be value stocks. As a non-fundamental policy, under normal circumstances, it will invest at least 80% of its net assets in securities of large cap U.S. companies. The fund may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

Morningstar Category: Large Value Large-value portfolios invest primarily in big U.S. companies that are less expensive or growing more slowly than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow).

Investment Risks There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 98.5 Non-U.S. Stocks 1.3 Bonds 0.0 Cash 0.1 Other 0.0 Data through 2024-09-30 Morningstar Equity Sectors % of Stocks Cyclical 35.47 Basic Materials 7.15 Consumer Cyclical 5.64 Financial Services 22.20 Real Estate 0.48 Sensitive 45.42 Communication Services 6.91 Energy 12.51 Industrials 14.67 Technology 11.33 Defensive 19.11 Consumer Defensive 5.03 Healthcare 13.92 Utilities 0.16 Data through 2024-09-30 Holding Status Total Number of Stock Holdings 385 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 20.65 Turnover % (as of 2023-10-31) 10.00 30 Day SEC Yield % --- Top Holdings Sector P/E % of Net Assets JPMorgan Chase & Co 12.34 4.62 Exxon Mobil Corp 13.97 4.02 Berkshire Hathaway Inc Class B 14.33 2.23 Chevron Corp 14.73 2.04 Verizon Communications Inc 18.24 1.51 Cisco Systems Inc 21.56 1.42 Comcast Corp Class A 11.77 1.30 AT&T Inc 18.33 1.27 Salesforce Inc 50.76 1.15 Johnson & Johnson 26.42 1.09 Data through 2024-09-30

Principal Risks    Lending, Loss of Money, Not FDIC Insured, Value Investing, Market/Market Volatility, Equity Securities, Other, Derivatives, Management Show Risk Definitions

Other Information Inception Date: 1995-01-12 Portfolio Manager(s) Jed S. Fogdall   (2012-02-28) Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012. Allen Pu   (2024-02-28) Allen Pu is Deputy Head of Portfolio Management, North America, a member of the Investment Committee, Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Pu joined Dimensional as a Portfolio Manager in 2006. Mr. Pu has an M.B.A. from the University of California, Los Angeles, an M.S. and Ph.D. from Caltech, and a B.S. from Cooper Union for the Advancement of Science and Art. John A. Hertzer   (2022-02-28) Mr. Hertzer joined DFA in 2013. Mr. Hertzer began his investment career in 2004 and earned a B.A. from Dartmouth College and an M.B.A. from the University of California Los Angeles. Investment Advisor(s) Dimensional Fund Advisors LP Issuer Dimensional Fund Advisors Subadvisor(s) ---

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