Macquarie Small Cap Value Fund Class C (DEVCX)
| Fund Assets | 3.98B |
| Expense Ratio | 1.85% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 7.91 |
| Dividend Yield | 16.19% |
| Dividend Growth | 73.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 48.89 |
| YTD Return | 3.34% |
| 1-Year Return | 6.91% |
| 5-Year Return | 90.63% |
| 52-Week Low | 39.45 |
| 52-Week High | 60.91 |
| Beta (5Y) | n/a |
| Holdings | 111 |
| Inception Date | Nov 29, 1995 |
About DEVCX
Macquarie Small Cap Value Fund Class C is a mutual fund that focuses on investing in small-cap U.S. companies whose stock prices are considered undervalued relative to their intrinsic worth. The fund seeks to deliver both capital preservation and appreciation through a disciplined value-investing approach, emphasizing risk mitigation. With a portfolio diversified across various sectors, it targets businesses with strong fundamentals and attractive valuations, aiming to exploit market inefficiencies within the small-cap segment. Overseen by an experienced management team with a consistent investment process spanning over two decades, the fund plays a significant role for investors seeking exposure to potential growth opportunities in lesser-known or emerging American companies. Its structure as a Class C mutual fund offers investors access with a relatively higher expense ratio, reflecting the cost of active management and distribution. Overall, Macquarie Small Cap Value Fund Class C serves as a vehicle for those looking to participate in the small-cap value equity market in the U.S.
Performance
DEVCX had a total return of 6.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.40%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCVCX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class C | 2.06% |
| FCVAX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class A | 1.30% |
| FCVTX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class M | 1.54% |
| FIKNX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class Z | 0.90% |
| FCVIX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class I | 1.03% |
Top 10 Holdings
17.23% of assets| Name | Symbol | Weight |
|---|---|---|
| AXIS Capital Holdings Limited | AXS | 2.11% |
| Hancock Whitney Corporation | HWC | 1.91% |
| Webster Financial Corporation | WBS | 1.79% |
| MasTec, Inc. | MTZ | 1.77% |
| F.N.B. Corporation | FNB | 1.68% |
| ITT Inc. | ITT | 1.67% |
| Synovus Financial Corp. | SNV | 1.64% |
| Old National Bancorp | ONB | 1.59% |
| Agree Realty Corporation | ADC | 1.55% |
| TTM Technologies, Inc. | TTMI | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $7.91286 | Dec 17, 2024 |
| Dec 18, 2023 | $4.57315 | Dec 19, 2023 |
| Dec 16, 2022 | $2.356 | Dec 19, 2022 |
| Dec 17, 2021 | $3.104 | Dec 20, 2021 |
| Dec 18, 2020 | $0.066 | Dec 21, 2020 |
| Dec 19, 2019 | $2.261 | Dec 20, 2019 |