- What does DEVLX invest in?
- Under normal circumstances, at least 80% of the fund's net assets, plus the amount of any borrowings for investment purposes, will be in investments of small-capitalization companies. It invests primarily in investments of small companies whose stock prices, in the portfolio managers' opinion, appear low relative to their underlying value or future potential.
- What is the expense ratio of DEVLX?
- Nomura Small Cap Value Fund Class A (DEVLX) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DEVLX?
- Nomura Small Cap Value Fund Class A (DEVLX) manages $3.52B 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 DEVLX actively managed or an index fund?
- DEVLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was DEVLX launched?
- Nomura Small Cap Value Fund Class A (DEVLX) launched in June 1987 and is managed by the fund issuer.
- How has DEVLX performed?
- DEVLX'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.
