Expense Ratio History

DEVLX expense ratio history

Nomura Small Cap Value Fund, Class A

Fund company
Delaware Group Equity
Type
Mutual fund

1.09%

In basis points
109 basis points
Yearly cost per $10,000
$109
Prospectus dated
31 March 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.10% on 31 March 2026

Fee over time

DEVLX expense ratio: 1.49% until 29 Mar 2012, then 1.42%; 1.42% until 29 Mar 2013, then 1.32%; 1.32% until 28 Mar 2014, then 1.25%; 1.25% until 30 Mar 2015, then 1.22%; 1.22% until 29 Mar 2016, then 1.21%; 1.21% until 28 Mar 2017, then 1.24%; 1.24% until 29 Mar 2018, then 1.18%; 1.18% until 29 Mar 2019, then 1.15%; 1.15% until 30 Nov 2020, then 1.14%; 1.14% until 30 Nov 2021, then 1.11%; 1.11% until 30 Nov 2024, then 1.10%; 1.10% until 31 Mar 2026, then 1.09%; read at 1.09% on 31 Mar 2026.0.00%0.50%1.00%1.50%2.00%Mar 2011Oct 2013May 2016Dec 2018Jul 2021Feb 20241.49% before1.09% from 31 Mar 2026
DEVLX expense ratio: 1.49% until 29 Mar 2012, then 1.42%; 1.42% until 29 Mar 2013, then 1.32%; 1.32% until 28 Mar 2014, then 1.25%; 1.25% until 30 Mar 2015, then 1.22%; 1.22% until 29 Mar 2016, then 1.21%; 1.21% until 28 Mar 2017, then 1.24%; 1.24% until 29 Mar 2018, then 1.18%; 1.18% until 29 Mar 2019, then 1.15%; 1.15% until 30 Nov 2020, then 1.14%; 1.14% until 30 Nov 2021, then 1.11%; 1.11% until 30 Nov 2024, then 1.10%; 1.10% until 31 Mar 2026, then 1.09%; read at 1.09% on 31 Mar 2026.0.00%0.50%1.00%1.50%2.00%Mar 2011Apr 2016May 20211.49% before1.09% from 31 Mar 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 6 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
DEVLX (this page) Class A 1.09% — 31 Mar 2026
— — 2.00% 1.25% 28 Mar 2014
DEVCX Class C 1.84% — 31 Mar 2026
DVLRX Class R 1.34% — 31 Mar 2026
DEVIX Institutional Class 0.84% — 31 Mar 2026
DVZRX Class R6 0.71% — 31 Mar 2026

Every figure we've recorded

DateFeeWhat happened
31 Mar 2026 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-03-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Mar 2026 1.09% Cut from 1.10% to 1.09%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-03-27
30 Nov 2024 1.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2024 1.10% Cut from 1.11% to 1.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-03-28
30 Nov 2023 1.11% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2022 1.11% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2021 1.11% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2021 1.11% Cut from 1.14% to 1.11%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-03-29
30 Nov 2020 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2020 1.14% Cut from 1.15% to 1.14%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-03-29
27 Mar 2020 1.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-03-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Mar 2019 1.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-03-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Mar 2019 1.15% Cut from 1.18% to 1.15%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-04-15
29 Mar 2018 1.18% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-03-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Mar 2018 1.18% Cut from 1.24% to 1.18%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-04-17
28 Mar 2017 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-03-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Mar 2017 1.24% Raised from 1.21% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-04-12
2 May 2016 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-05-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Mar 2016 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-03-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Mar 2016 1.21% Cut from 1.22% to 1.21%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-04-15
30 Mar 2015 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-03-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Mar 2015 1.22% Cut from 1.25% to 1.22%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-04-17
28 Mar 2014 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-03-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Mar 2014 1.25% Cut from 1.32% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-04-17
29 Mar 2013 1.32% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-03-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Mar 2013 1.32% Cut from 1.42% to 1.32%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-11-25
29 Mar 2012 1.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-03-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Mar 2012 1.42% Cut from 1.49% to 1.42%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2012-04-23
30 Mar 2011 1.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-03-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.09% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,334 in fees over 10 years

After fees, $10,000 grows to $14,636.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$112
3 years$348
5 years$604
10 years$1,334

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 17 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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