Nomura Small Cap Value Fund Class A (DEVLX)

Fund Assets	3.47B
Expense Ratio	1.09%
Min. Investment	$1,000
Turnover	21.00%
Dividend (ttm)	8.41
Dividend Yield	11.53%
Dividend Growth	3.02%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	72.56
YTD Return	18.72%
1-Year Return	21.66%
5-Year Return	46.31%
52-Week Low	61.12
52-Week High	75.60
Beta (5Y)	1.41
Holdings	105
Inception Date	Jun 24, 1987

About DEVLX

Macquarie Small Cap Value Fund Class A is a mutual fund designed to provide capital appreciation by investing primarily in U.S. small-cap companies whose stock prices the managers believe are undervalued relative to their intrinsic worth or future potential. The fund employs a disciplined value-based investment process with a focus on risk mitigation, a methodology that has been consistently applied for over two decades. Its portfolio is diversified across various sectors, with prominent holdings in the financial services and industrials sectors, including companies such as Hancock Whitney Corp, Meritage Homes Corp, and ITT Inc. The fund’s investment strategy targets less well-known, smaller companies, which may present greater volatility but also unique opportunities for long-term growth. By focusing on value characteristics, the Macquarie Small Cap Value Fund Class A seeks to balance capital preservation with appreciation, serving investors who are interested in gaining exposure to the small-cap value segment of the equity market and benefiting from active, research-driven management backed by an experienced team.

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

Performance

DEVLX had a total return of 21.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.68%.

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%
FIKNX	Fidelity	Fidelity Advisor Small Cap Value Fund - Class Z	0.84%
FCVIX	Fidelity	Fidelity Advisor Small Cap Value I	0.95%

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%
DVLRX	Class R	1.34%
DEVCX	Class C	1.84%

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	$8.40741	Dec 15, 2025
Dec 16, 2024	$8.16132	Dec 17, 2024
Dec 18, 2023	$4.90765	Dec 19, 2023
Dec 16, 2022	$2.806	Dec 19, 2022
Dec 17, 2021	$3.386	Dec 20, 2021
Dec 18, 2020	$0.409	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:

Aug 27, 2026

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