# Nomura Value Fund;Institutional (DDVIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ddvix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nomura · Asset class: Equity - Strategy: Actively Managed · Inception: 1998-09-14 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. ## Key Facts | Metric | Value | |---|---| | Price | $13.11 | | Expense Ratio | 0.70% | | AUM (All Share Classes) | $7.62B | | NAV | $13.11 | | Holdings Count | — | | Distribution Yield (TTM) | 24.60% | | Annual Distribution (TTM) | $3.23 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $11.78 – $15.04 | | Beta | 0.66 | ## Latest Distribution - Amount: $0.0356 /share - Ex-date: 2026-09-22 - Pay date: 2026-09-22 ## Frequently Asked Questions ### 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. ### Does DDVIX pay a dividend? Nomura Value Fund;Institutional (DDVIX) currently distributes little or no income. Trailing-twelve-month yield is 24.60%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DDVIX pay dividends? Nomura Value Fund;Institutional pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DDVIX's dividend yield? DDVIX's trailing-twelve-month yield is 24.60%, calculated from the sum of dividends over the past year divided by the current price. ### When is DDVIX's next ex-dividend date? The most recently announced ex-dividend date for DDVIX was 2026-09-22. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will DDVIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.70% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DDVIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DDVIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DDVIX cost more than a fund like VOO? DDVIX is actively managed (current expense ratio 0.70%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DDVIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DDVIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DDVIX (0.70%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ddvix - Distribution history: https://www.dividenddata.com/funds/ddvix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ddvix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ddvix/expenses - Peer comparison: https://www.dividenddata.com/funds/ddvix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.