Nomura Value Fund Class A (DDVAX)
Nomura Value Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $13.16, down 0.30% on the session, giving a market capitalisation of $7.65B. Its beta of 0.66 implies it has historically moved less than the broad market.
This fund primarily focuses its investments on large-capitalization companies. Under standard operating conditions, it is mandated to commit a minimum of 80% of its total net assets—including any funds borrowed for investment—to these substantial corporations; this critical guideline is formally termed its 80% policy. The fund's Manager actively seeks out large-cap firms that are perceived to offer considerable potential for value appreciation over an extended period. For definitional purposes, the fund's advisor currently categorizes large-capitalization stocks as those possessing a market valuation of $5 billion or more at the exact moment of purchase.
Nomura Value Fund Class A is most often compared with the following Financial Services names: