Nomura Small Cap Value Fund Class A

Frequently Asked Questions About DEVLX

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 $3.13B 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 Nomura.

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.