Delaware Small Cap Value Institutional Fund ( DEVIX ) seeks capital appreciation. DEVIX invests primarily in stocks of small companies whose stock prices appear low relative to their underlying value or future potential. DEVIX invests in companies with market capitalization less than $1.5 billion at the time of purchase whose values are not currently recognized in the market.
This Small Value product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 10.8% and 5 year 13.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
DEVIX's performance, as of the last filing, when compared to funds in its category was in the top 2% over the past 1 year, and in the top 5% over the past 3 years and in the top 27% over the past 5 years.
The Delaware Small Cap Value Institutional fund, as of the last filing, allocates their fund in three major groups; Small Value, Large Value and Small Growth. Further, as of the last filing, East West Bancorp Inc, Berry Plastics Group Inc and MasTec Inc were the top holdings for DEVIX.
This Zacks Rank #2 (Buy) was incepted in June 1987 and is managed by Delaware Invst . DEVIX carries an expense ratio of 0.99% and requires a minimal initial investment of $0.
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