DEVLX – Fund Analysis – Nomura Small Cap Value A | Morningstar

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Will DEVLX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DEVLX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the DEVLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of DEVLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Competitive at the right price, despite recent headwinds.

Analyst Eric Schultz

Eric Schultz

Analyst

Summary

Delaware Small Cap Value’s veteran managers earn an Above Average People rating, while the strategy’s standard approach merits an Average Process rating.

by Eric Schultz

Rated on Jun 26, 2026 Published on Jun 26, 2026

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