Nomura Value Fund Class A

Frequently Asked Questions About DDVAX

What does DDVAX invest in?

This fund primarily focuses its investments on large-capitalization companies. Under standard operating conditions, it is mandated to commit a minimum of 80% of its total net assets—including any funds borrowed for investment—to these substantial corporations; this critical guideline is formally termed its 80% policy. The fund's Manager actively seeks out large-cap firms that are perceived to offer considerable potential for value appreciation over an extended period. For definitional purposes, the fund's advisor currently categorizes large-capitalization stocks as those possessing a market valuation of $5 billion or more at the exact moment of purchase.

What is the expense ratio of DDVAX?

Nomura Value Fund Class A (DDVAX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DDVAX?

Nomura Value Fund Class A (DDVAX) manages $7.61B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DDVAX actively managed or an index fund?

DDVAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DDVAX launched?

Nomura Value Fund Class A (DDVAX) launched in September 1998 and is managed by the fund issuer.

How has DDVAX performed?

DDVAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.