Nomura Small Cap Value R (DVLRX)

Fund Assets	3.47B
Expense Ratio	1.34%
Min. Investment	$0.00
Turnover	21.00%
Dividend (ttm)	8.24
Dividend Yield	11.89%
Dividend Growth	2.79%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	68.80
YTD Return	18.52%
1-Year Return	21.37%
5-Year Return	44.50%
52-Week Low	58.05
52-Week High	71.69
Beta (5Y)	0.97
Holdings	105
Inception Date	Jun 2, 2003

About DVLRX

Macquarie Small Cap Value Fund Class R is an open-end mutual fund focused on investing primarily in small-capitalization U.S. companies. The fund employs a disciplined value-oriented investment strategy, selecting stocks that its experienced team of sector specialists believe are undervalued relative to their intrinsic worth or future potential. Emphasizing risk mitigation, the fund’s approach centers on companies with robust fundamentals and the capability to generate sustainable free cash flow. This methodology has been consistently applied for over 20 years, highlighting the fund’s deep-rooted commitment to long-term value investing. The fund benchmarks its performance against the Russell 2000® Value Index and operates within the Morningstar Small Value category. By concentrating on the small-cap segment, the fund enables investors to access growth and value opportunities that may be overlooked in larger-cap markets, making it a notable component in diversified U.S. equity portfolios. The fund is managed by Delaware Management Company and benefits from the support of Macquarie Asset Management’s broader resources and research capabilities.

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

Performance

DVLRX had a total return of 21.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.02%.

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%
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	$8.23924	Dec 15, 2025
Dec 16, 2024	$8.01592	Dec 17, 2024
Dec 18, 2023	$4.80073	Dec 19, 2023
Dec 16, 2022	$2.624	Dec 19, 2022
Dec 17, 2021	$3.178	Dec 20, 2021
Dec 18, 2020	$0.277	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

Data Sources Report a data error