Nomura Small Cap Value Fund Class C (DEVCX)

Fund Assets	3.47B
Expense Ratio	1.84%
Min. Investment	$1,000
Turnover	21.00%
Dividend (ttm)	0.62
Dividend Yield	1.22%
Dividend Growth	14.11%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	50.77
YTD Return	18.11%
1-Year Return	19.87%
5-Year Return	41.99%
52-Week Low	42.90
52-Week High	52.81
Beta (5Y)	1.41
Holdings	105
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.

• Fund Family: Nomura
• Category: Small Value
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DEVCX
• Share Class: Class C
• Index: Russell 2000 Value TR

Performance

DEVCX had a total return of 19.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.79%.

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 C	1.95%
FCVAX	Fidelity	Fidelity Advisor Small Cap Value A	1.20%
FCVTX	Fidelity	Fidelity Advisor Small Cap Value M	1.45%
FCVIX	Fidelity	Fidelity Advisor Small Cap Value I	0.95%
FCPVX	Fidelity	Fidelity Small Cap Value Fund	0.91%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DVZRX	Class R6	0.71%
DEVIX	Institutional Class	0.84%
DEVLX	Class A	1.09%
DVLRX	Class R	1.34%

Top 10 Holdings

17.25% of assets

Name	Symbol	Weight
The Timken Company	TKR	1.92%
TD SYNNEX Corporation	SNX	1.82%
Valley National Bancorp	VLY	1.82%
First Financial Bancorp.	FFBC	1.80%
Terex Corporation	TEX	1.74%
Old National Bancorp	ONB	1.72%
F.N.B. Corporation	FNB	1.65%
Hancock Whitney Corporation	HWC	1.63%
Columbia Banking System, Inc.	COLB	1.58%
AXIS Capital Holdings Limited	AXS	1.56%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$8.17513	Dec 15, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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