DCZRX Performance — Nomura Small Cap Core Fund, Class R6
Data updated: 2026-07-27
DCZRX returned +12.14% year to date and +26.83% over one year to May 2026. Annualised returns are +14.47% over 3 years and +5.43% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $150, against $160 for the category, and to $127 over one year, against $132. Volatility over the past three years was 19.32% a year. In the 12 months to May 2026 the fund lost a net $2.6B, and assets reached $5.52B.
DCZRX Growth of $100
What $100 invested in Nomura Small Cap Core Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | DCZRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $127 | $132 |
| 3 years (Jun 2023 – May 2026) | $150 | $160 |
| 5 years (Jun 2021 – May 2026) | $130 | $135 |
| Since data start (Sep 2019 – May 2026) | $196 | $206 |
DCZRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.14% |
| 1 year | +26.83% |
| 3 years (annualised) | +14.47% |
| 5 years (annualised) | +5.43% |
DCZRX Annual Returns
Calendar-year total returns of Nomura Small Cap Core Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.14% |
| 2025 | +4.72% |
| 2024 | +10.38% |
| 2023 | +14.10% |
| 2022 | −15.81% |
| 2021 | +23.37% |
| 2020 | +15.52% |
| 2019 (Sep–Dec) | +10.43% |
DCZRX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.0% | +1.3% | −5.4% | +10.6% | +1.8% | — | — | — | — | — | — | — |
| 2025 | +4.3% | −5.8% | −6.4% | −3.6% | +4.6% | +4.0% | +1.0% | +6.4% | −0.9% | −0.6% | +2.7% | 0.0% |
| 2024 | −4.2% | +3.5% | +3.0% | −6.4% | +6.2% | −0.7% | +9.1% | −0.4% | +0.1% | −1.6% | +11.2% | −8.0% |
| 2023 | +8.1% | −1.2% | −4.1% | −1.1% | −2.6% | +8.7% | +4.2% | −4.2% | −6.3% | −6.2% | +9.3% | +11.0% |
| 2022 | −7.4% | +1.2% | +0.3% | −8.1% | +0.4% | −7.0% | +8.5% | −1.5% | −9.0% | +8.8% | +5.0% | −6.1% |
| 2021 | +1.6% | +9.0% | +2.0% | +4.4% | −0.1% | +0.2% | −1.5% | +3.1% | −2.9% | +5.1% | −3.4% | +4.3% |
| 2020 | −1.9% | −9.1% | −18.8% | +13.1% | +5.6% | +2.2% | +3.0% | +3.0% | −4.9% | +3.5% | +16.6% | +7.3% |
| 2019 | — | — | — | — | — | — | — | — | +2.7% | +1.3% | +4.6% | +1.5% |
DCZRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 19.32%
- 3-year Sharpe ratio: 0.52 (vs 4.5% risk-free rate)
- Best month: +11.20% (Nov 2024)
- Worst month: −7.98% (Dec 2024)
DCZRX Fund Flows
Monthly money in and out of Nomura Small Cap Core Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.6B
- 12-month gross sales (incl. reinvestments): $1.0B
- Sales ÷ redemptions: 0.28×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $42.2M | $272.5M | −$230.3M |
| Apr 2026 | $48.2M | $208.7M | −$160.6M |
| Mar 2026 | $61.5M | $205.8M | −$144.3M |
| Feb 2026 | $65.0M | $209.3M | −$144.3M |
| Jan 2026 | $77.0M | $883.9M | −$806.9M |
| Dec 2025 | $295.5M | $199.9M | $95.6M |
| Nov 2025 | $68.8M | $180.1M | −$111.4M |
| Oct 2025 | $79.8M | $159.6M | −$79.8M |
| Sep 2025 | $60.0M | $214.9M | −$154.9M |
| Aug 2025 | $54.7M | $220.3M | −$165.5M |
| Jul 2025 | $69.2M | $753.5M | −$684.3M |
| Jun 2025 | $105.9M | $151.5M | −$45.6M |
DCZRX Assets Under Management
Net assets of Nomura Small Cap Core Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $5.52B |
| 2026-02-27 | $5.72B |
| 2025-11-28 | $6.52B |
| 2025-08-29 | $6.80B |
| 2025-05-30 | $6.92B |
| 2025-02-28 | $7.26B |
| 2024-11-29 | $8.22B |
| 2024-08-30 | $7.66B |
| 2024-05-31 | $7.44B |
| 2024-02-29 | $7.43B |
| 2023-11-30 | $6.87B |
| 2023-08-31 | $7.30B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.