← Markets

Nomura Small Cap Value Fund Class A

DEVLX · NASDAQ

Market closed$73.90$-0.600000 (-0.81%)

Key statistics

Previous close$74.50
Open$73.90
Day high$73.90
Day low$73.90
52-week high$74.55
52-week low$61.12
Market cap3.56B
Volume—
Average volume—
P/E ratio—
Forward P/E—
EPS—
Dividend yield0.00%

Market context

Why it moved

DEVLX edged lower amid thin trading volume and broader market caution, with no significant catalysts to support buying interest and light selling pressure driving the price modestly down from its previous close.

Fintel

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Nomura Small Cap Value Fund Class A (DEVLX) advanced, approaching its 52-week high, buoyed by a powerful Q2 earnings season for financial stocks. Major Wall Street banks including Goldman Sachs, JPMorgan, BofA, and Citigroup delivered outsized beats—Finance sector Q2 earnings are tracking +30.2% year-over-year—lifting sentiment across asset managers and small-cap value names. The Financial Services ETF (XLF) is also trading near 52-week highs, reflecting broad sector strength, even as some analysts flag AI disruption risks in financial services as a potential headwind.

1.4434

July 16, 2026Nomura Small Cap Value Fund Class A (DEVLX) closed up 1.80%, approaching its 52-week high, as the broader financial services sector benefited from a blockbuster Q2 earnings season. Major banks including JPMorgan, Goldman Sachs, Bank of America, Citigroup, and State Street all beat estimates with Finance sector earnings up over 30% year-over-year, boosting sentiment toward value-oriented and small-cap financial holdings. A softer-than-expected June CPI report also supported the risk-on backdrop, with the XLF financial sector ETF trading near its own 52-week high.

1.8038

July 15, 2026The Nomura Small Cap Value Fund (DEVLX) is trading marginally higher, holding steady as the broader financial services sector navigates a mixed environment. Major asset managers including BlackRock beat Q2 2026 forecasts, while Wall Street banks posted blowout earnings driven by record trading volumes and a dealmaking surge—with Goldman Sachs Q2 profit more than doubling and JPMorgan reporting its highest quarterly profit ever. However, Morningstar notes financial stocks have underperformed the broader market over the past year, citing AI disruption concerns and cracks in private credit as headwinds for the sector, even as the S&P 500 pushes near record highs.

0.1917

Peers

S&P 500SPX · $7,457.69-1.01%Champlain Mid Cap Fund Advisor ClassCIPMX · $20.02-1.09%Delaware Small Cap Value Fund Institutional ClassDEVIX · $81.29-0.81%Janus Henderson Mid Cap Value Fund Class AJDPAX · $17.59-0.23%Janus Henderson Mid Cap Value Fund - T SharesJMCVX · $17.20-0.23%Janus Henderson Mid Cap Value Fund Class SJMVIX · $17.60-0.23%Touchstone Large Cap Focused Fund Class CSCSCX · $75.64-1.38%International Equity Fund Class YSEFCX · $14.34-0.49%Allspring Growth Fund - Class R6SGRHX · $42.99-0.97%Allspring Growth FundSGRKX · $32.61-0.97%