DFA International Real Estate Securities Portfolio
Data updated: 2026-09-24
C000039642 — DFA International Real Estate Securities Portfolio. Developed ex-US Real Estate · $3.36B AUM. Holdings, fees, performance and SEC filings.
C000039642 Fund Overview
DFA International Real Estate Securities Portfolio is a US mutual fund managed by Dfa Investment Dimensions Group INC, categorised as Developed ex-US Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Dfa Investment Dimensions Group INC
- Category: Developed ex-US Real Estate
- Assets under management: $3.36B
- 1-year return: 13.4%
- SEC CIK: 0000355437
- SEC series ID: S000014548
- Share class ID: C000039642
C000039642 Investment Objective and Strategy
DFA International Real Estate Securities Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Dfa Investment Dimensions Group INC.
Investment objective
The investment objective of the DFA International Real Estate Securities Portfolio is to achieve long-term capital appreciation.
Principal investment strategy
The DFA International Real Estate Securities Portfolio, using a market capitalization weighted approach, purchases a broad and diverse set of securities of non-U.S. companies principally engaged in the real estate industry, including developed and emerging markets, with a particular focus on non-U.S. real estate investment trusts (REITs) and companies Dimensional Fund Advisors LP (the Advisor) considers to be REIT-like entities. A companys market capitalization is the number of its shares outstanding times its price per share. In general, the higher the relative market capitalization of a real estate company within an eligible country, the greater its representation in the Portfolio. The Advisor may adjust the representation in the DFA International Real Estate Securities Portfolio of an eligible company, or exclude a company, after considering such factors as free float, momentum, trading strategies, liquidity, size, value, profitability, and other factors that the Advisor determines to be appropriate, given market conditions.
Securities are considered value stocks primarily because a companys shares have a low price in relation to their book value. In assessing value, the Advisor may consider additional factors such as price to cash flow or price to earnings ratios. In assessing profitability, the Advisor may consider different ratios, such as that of earnings or profits from operations relative to book value or assets. The Advisor also may limit or fix the Portfolios exposure to a particular country or issuer. The criteria the Advisor uses for assessing value or profitability are subject to change from time to time. The Portfolio considers a company to be principally engaged in the real estate industry if the companys principal activities include ownership, management, development, construction, or sale of residential, commercial or industrial real estate.
REITs and REIT-like entities are types of real estate companies that pool investors funds for investment primarily in income producing real estate or real estate related loans or interests. The DFA International Real Estate Securities Portfolio intends to purchase securities of companies associated with developed and emerging markets countries that the Advisor has designated as approved markets for investment. As a non-fundamental policy, under normal circumstances, at least 80% of the Portfolios net assets will be invested in securities of companies in the real estate industry. The DFA International Real Estate Securities Portfolio generally considers a company to be principally engaged in the real estate industry if the company (i) derives at least 50% of its revenue or profits from the ownership, management, development, construction, or sale of residential, commercial, industrial, or other real estate; (ii) has at least 50% of the value of its assets invested in residential, commercial, industrial, or other real estate; or (iii) is organized as a REIT or REIT-like entity.
The Portfolio also may invest in stapled securities, where one or more of the underlying securities represents interests in a company or subsidiary in the real estate industry. The DFA International Real Estate Securities Portfolio may gain exposure to companies associated with approved markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuers domicile country. The DFA International Real Estate Securities Portfolio may purchase or sell futures contracts and options on futures contracts for equity securities and indices, to adjust market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Portfolio does not intend to sell futures contracts to establish short positions in individual securities or to use derivatives for purposes of speculation or leveraging investment returns.
The DFA International Real Estate Securities Portfolio may lend its portfolio securities to generate additional income.
C000039642 Holdings
Top 10 holdings of DFA International Real Estate Securities Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Goodman Group | 8.40% |
| Segro PLC | 3.39% |
| Scentre Group | 2.88% |
| Unibail-Rodamco-Westfield | 2.85% |
| The DFA Investment Trust Company | 2.84% |
| Dimensional Holdings Inc. | 2.84% |
| Link REIT | 2.72% |
| CapitaLand Integrated Commercial Trust | 2.38% |
| Klepierre SA | 1.90% |
| CapitaLand Ascendas REIT | 1.62% |
C000039642 Portfolio Allocation
Asset-class allocation of DFA International Real Estate Securities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 101.1% |
| Cash & Equivalents | 2.8% |
C000039642 Performance
Total returns for C000039642 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.8% |
| 1 year | 13.4% |
| 3 years (annualised) | 6.3% |
| 5 years (annualised) | 0.3% |
C000039642 Risk Information
Risk metrics for C000039642, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.7%
C000039642 Costs and Fees
C000039642 costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.28%
- Portfolio turnover: 3%
- Brokerage commissions: 0.43 bps of average net assets (SEC N-CEN)
C000039642 Cashflows
Over the 12 months to 2026-04, DFA International Real Estate Securities Portfolio had net outflows of $110.43M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$32.98M |
| 2026-03 | −$1.51M |
| 2026-02 | −$13.54M |
| 2026-01 | −$452.57K |
| 2025-12 | $129.84M |
| 2025-11 | −$9.41M |
C000039642 Debt Constituents
No individual debt constituents are reported in DFA International Real Estate Securities Portfolio's latest SEC N-PORT filing.
C000039642 Prospectus and SEC Filings
Official DFA International Real Estate Securities Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-28
- Prospectus (485BPOS) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2026-09-24
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other Developed ex-US Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.