Nomura Value Fund;Institutional

Frequently Asked Questions About DDVIX

What does DDVIX invest in?

The fund seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in securities of large-capitalization companies, which the manager defines as companies with market capitalizations of $5 billion or greater at the time of purchase. It primarily invests in value stocks of U.S. companies that the manager believes have long-term capital appreciation potential.

What is the expense ratio of DDVIX?

Nomura Value Fund;Institutional (DDVIX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DDVIX?

Nomura Value Fund;Institutional (DDVIX) is one share class of a fund that manages $7.62B across all of its share classes (DDVAX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DDVIX actively managed or an index fund?

DDVIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DDVIX's is 0.70%) in exchange for the discretion to over- or under-weight positions.

When was DDVIX launched?

Nomura Value Fund;Institutional (DDVIX) launched in September 1998 and is managed by Nomura.

How has DDVIX performed?

DDVIX'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.