Frequently Asked Questions About DEVDX

What does DEVDX invest in?

The fund aims to deliver consistent positive returns across complete market cycles. It employs an actively managed, event-driven strategy, where its investment advisor seeks to capitalize on identified mispricings or inefficiencies within both U.S. and global equity and fixed-income markets. This fund maintains a non-diversified portfolio.

What is the expense ratio of DEVDX?

Driehaus Event Driven Fund (DEVDX) charges an expense ratio of 1.43%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DEVDX?

Driehaus Event Driven Fund (DEVDX) manages $93.2M 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 DEVDX actively managed or an index fund?

DEVDX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DEVDX's is 1.43%) in exchange for the discretion to over- or under-weight positions.

When was DEVDX launched?

Driehaus Event Driven Fund (DEVDX) launched in August 2013 and is managed by the fund issuer.

How has DEVDX performed?

DEVDX'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.

DEVDX (Driehaus Event Driven Fund) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

DEVDX

Driehaus Event Driven Fund

NASDAQ·Asset Management · Financial Services

$11.30$0.02−0.15%

Market closed·Mar 31 8:00 PM UTC

Price Chart

$11.30−$0.02 (−0.15%)today

−22.85%CAGR −5.06%

Select date range

FromTo

Aug 23, 2013Aug 25, 2021 → Aug 25, 2026· 5.0 yrsAug 25, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.20

Distribution Yield (FWD)1.79%

Annual Distribution (TTM)$1.86

Distribution Yield (TTM)16.48%

Distribution Growth (5Y)—

FrequencyIrregular

Most Recent$0.20

Ex-Dividend DateFeb 13

Payment DateFeb 13

DiversificationDiversification Tab

Holdings73

Top 10 Weight52.3%

Top 25 Weight74.9%

Effective Holdings19

Sectors—

Largest HoldingNTPXX · 16.9%

Largest Sector—

Asset ClassEquity

StrategyActively Managed

Cost & RiskExpenses Tab

Expense Ratio1.43%

Cost per 10k Invested$143

AUM$93.16M

Avg Daily Volume—

Price$11.30

NAV$11.30

Premium / Discount+0.00%

52-Week Range$11.26 – $13.38

Beta0.20

Fund Overview

Cost Verdict

Is DEVDX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Actively Managed
Inception: August 23, 2013
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US2620288140
CUSIP: 262028814

Peers

Peers Tab

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Cap

$72.6M

LMVYX

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ETIEX

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Cap

$112.1M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About DEVDX

What does DEVDX invest in?: The fund aims to deliver consistent positive returns across complete market cycles. It employs an actively managed, event-driven strategy, where its investment advisor seeks to capitalize on identified mispricings or inefficiencies within both U.S. and global equity and fixed-income markets. This fund maintains a non-diversified portfolio.
What is the expense ratio of DEVDX?: Driehaus Event Driven Fund (DEVDX) charges an expense ratio of 1.43%. This is the annual fee deducted from fund assets to cover management and operations.
How big is DEVDX?: Driehaus Event Driven Fund (DEVDX) manages $93.2M 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 DEVDX actively managed or an index fund?: DEVDX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DEVDX's is 1.43%) in exchange for the discretion to over- or under-weight positions.
When was DEVDX launched?: Driehaus Event Driven Fund (DEVDX) launched in August 2013 and is managed by the fund issuer.
How has DEVDX performed?: DEVDX'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.