Nomura Small Cap Value Institutional (DEVIX)

Fund Assets	3.12B
Expense Ratio	0.881%
Min. Investment	$0.00
Turnover	21.00%
Dividend (ttm)	0.91
Dividend Yield	1.21%
Dividend Growth	-2.42%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	74.63
YTD Return	11.16%
1-Year Return	15.13%
5-Year Return	35.22%
52-Week Low	67.14
52-Week High	83.17
Beta (5Y)	1.42
Holdings	105
Inception Date	Nov 9, 1992

About DEVIX

Macquarie Small Cap Value Fund Institutional Class is a diversified mutual fund focused on U.S. small-cap stocks exhibiting value characteristics. The fund employs a disciplined, value-oriented investment process, selecting companies that, in the view of its experienced, sector-specialist management team, appear undervalued relative to their intrinsic worth or future potential. Emphasis is placed on businesses that demonstrate the ability to generate and sustain free cash flow, with portfolio construction built around fundamental bottom-up research and robust risk management principles. The strategy typically maintains a broad exposure, with holdings ranging from 90 to 120 stocks and a particular focus on capital deployment and management quality. The fund’s sector allocation often includes significant representation from industrials and financial services, reflecting opportunities among smaller firms in these industries. Benchmarking against the Russell 2000® Value Index, the fund plays a role in offering institutional investors diversified access to U.S. small-cap value equities, appealing to those seeking long-term capital appreciation through disciplined value investing in the small-cap segment.

• Fund Family: Nomura
• Category: Small Value
• Stock Exchange: Nasdaq
• Ticker Symbol: DEVIX
• Share Class: Institutional Class
• Index: Russell 2000 Value TR

Performance

DEVIX had a total return of 15.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.90%.

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	1.79%
FCVAX	Fidelity	Fidelity Advisor Small Cap Value A	1.07%
FCVTX	Fidelity	Fidelity Advisor Small Cap Value M	1.34%
FIKNX	Fidelity	Fidelity Advisor Small Cap Value Z	0.66%
FCVIX	Fidelity	Fidelity Advisor Small Cap Value I	0.79%

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%
DEVLX	Class A	1.09%
DVLRX	Class R	1.34%
DEVCX	Class C	1.84%

Top 10 Holdings

17.13% of assets

Name	Symbol	Weight
First Financial Bancorp.	FFBC	1.86%
TD SYNNEX Corporation	SNX	1.84%
Old National Bancorp	ONB	1.84%
Valley National Bancorp	VLY	1.81%
Hancock Whitney Corporation	HWC	1.74%
F.N.B. Corporation	FNB	1.70%
Terex Corporation	TEX	1.63%
Stifel Financial Corp.	SF	1.60%
Columbia Banking System, Inc.	COLB	1.57%
AXIS Capital Holdings Limited	AXS	1.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$8.46733	Dec 15, 2025
Dec 16, 2024	$8.30386	Dec 17, 2024
Dec 18, 2023	$4.95089	Dec 19, 2023
Dec 16, 2022	$2.988	Dec 19, 2022
Dec 17, 2021	$3.544	Dec 20, 2021
Dec 18, 2020	$0.537	Dec 21, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error