Diversified Emerging Mkts

Summary

The investment seeks long-term capital appreciation.
Fund Assets (millions) $35,948.4
Portfolio Managers 4
Fund Inception Apr 5, 2005
Gross Expense Ratio 0.40%
Fund Family Dimensional Fund Advisors
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

U.S. Stocks 0.39%
Non-U.S. Stocks 98.39%
U.S. Bonds 0.00%
Non-U.S. Bonds 0.00%
Convertible 0.00%
Preferred 0.03%
Other 0.03%
Cash 1.17%
As of 12/31/2025
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through January 31, 2026
DFCEX
MSCI ACWI Ex USA NR USD

Market Capitalization

$0.0 Mil
Average

Giant
36.3%
Large
28.2%
Medium
23.3%
Small
8.3%
Micro
4.0%

As of 12/31/2025

Morningstar Ownership ZoneTM

Diversified Emerging Mkts
Weighted average of holdings
75% of fund's stock holdings
As of 12/31/25
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Investment Strategy

The Portfolio purchases a broad and diverse group of securities associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development), authorized for investment by the Advisor’s Investment Committee (“Approved Markets”). It may gain exposure to companies in Approved Markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuer’s domicile country.

Fund Facts

Fund Inception Apr 5, 2005
Fund Assets (Millions) $35,948.4
Dividend Distribution Frequency Quarterly
Minimum Investment $0
Capital Gains Distribution Frequency Annually
Turnover 5%
Fiscal Year-End Oct
Prospectus Date Feb 28, 2025

Returns

Month-End Returns as of 1/31/26

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
DFCEX
MSCI ACWI Ex USA NR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 12/31/25

Yield & Valuation

12-Month Distribution Rates (NAV)
--
30-Day SEC Yield (Gross | Net) -- | --
Price/Book 1.55
Price/Cash Flow 7.34
Price/Earnings 12.08
As of 1/31/2026

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Jed Fogdall 15 yrs
Allen Pu 10 yrs
Mary Phillips 8 yrs
William Collins-Dean 6 yrs
As of 1/31/2026

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(705)
3-yr. Morningstar RatingTM
(705 funds rated)
5-yr. Morningstar RatingTM
(619 funds rated)
10-yr. Morningstar RatingTM
(462 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Morningstar Category
Diversified Emerging Mkts
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 1/31/2026.

Risk Measures

Fund
Standard Deviation
16.50
Sharpe Ratio
0.56
R-squared
81
Beta
1.03
Capture Ratio (Downside/Upside)
94/99
American Funds and Morningstar Benchmark for the 10 Years Years ending 1/31/26 R-squared, Beta and Capture Ratio calculated using the Morningstar EM TME NR USD.

Holdings

Equities Breakdown

Sectors
Equity Fund Holdings
 Technology 24.0%
Financial Services 18.5%
Consumer Cyclical 11.7%
Industrials 11.3%
Basic Materials 9.6%
Communication Services 7.1%
Consumer Defensive 4.5%
Healthcare 4.5%
Energy 4.1%
Utilities 2.5%
Real Estate 2.4%

Percentage of net assets as of 12/31/2025

Top 10 Holdings

Taiwan Semiconductor Manufacturing Co Ltd
5.9%
Samsung Electronics Co Ltd
2.7%
Tencent Holdings Ltd
2.6%
Taiwan Semiconductor Manufacturing Co Ltd ADR
2.1%
SK Hynix Inc
1.3%
Alibaba Group Holding Ltd Ordinary Shares
1.3%
Ping An Insurance (Group) Co. of China Ltd Cla ...
0.6%
China Construction Bank Corp Class H
0.5%
Reliance Industries Ltd
0.5%
Bharti Airtel Ltd
0.5%

Percentage of net assets as of 12/31/2025

Geographic Breakdown

Regions | Top Countries
Greater Asia
81.4%
Americas
6.8%
Greater Europe
3.1%
Percentage of net assets as of 12/31/2025

Fees & Expenses

Fees

Annual Management Fees 0.33%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross
DFCEX 0.40%
Morningstar Category: Diversified Emerging Mkts 1.84%
Fund as of most recent prospectus. Morningstar Category as of 1/31/26.