DFALX Performance — Large Cap International Portfolio, Institutional Class Shares
Data updated: 2026-09-24
DFALX returned +12.42% year to date and +27.49% over one year to Jul 2026. Annualised returns are +17.40% over 3 years and +10.34% over 5 years. The fund trailed its International Large Value category average: $100 invested three years ago grew to $162, against $170 for the category, and to $127 over one year, against $130. Volatility over the past three years was 12.46% a year. In the 12 months to Jul 2026 the fund took in a net $723.1M, and assets reached $8.90B.
DFALX Growth of $100
What $100 invested in Large Cap International Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Value category average over the same months.
| Period | DFALX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $127 | $130 |
| 3 years (Aug 2023 – Jul 2026) | $162 | $170 |
| 5 years (Aug 2021 – Jul 2026) | $164 | $179 |
| Since data start (Aug 2019 – Jul 2026) | $215 | $222 |
DFALX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.42% |
| 1 year | +27.49% |
| 3 years (annualised) | +17.40% |
| 5 years (annualised) | +10.34% |
DFALX Annual Returns
Calendar-year total returns of Large Cap International Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.42% |
| 2025 | +33.91% |
| 2024 | +4.56% |
| 2023 | +17.87% |
| 2022 | −13.02% |
| 2021 | +12.79% |
| 2020 | +8.12% |
| 2019 (Aug–Dec) | +9.19% |
DFALX 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 | +4.9% | +5.7% | −7.4% | +5.7% | +2.0% | −0.4% | +2.0% | — | — | — | — | — |
| 2025 | +4.3% | +2.8% | +0.2% | +3.8% | +4.8% | +2.9% | −1.8% | +5.0% | +2.5% | +0.8% | +1.8% | +2.8% |
| 2024 | −0.7% | +2.8% | +3.6% | −3.0% | +5.0% | −2.3% | +3.3% | +3.2% | +0.9% | −5.1% | +0.5% | −3.1% |
| 2023 | +8.5% | −2.9% | +2.5% | +2.6% | −4.3% | +4.8% | +3.1% | −3.6% | −3.3% | −3.4% | +8.5% | +5.2% |
| 2022 | −3.1% | −2.3% | +0.5% | −6.2% | +2.0% | −9.3% | +5.0% | −5.4% | −9.4% | +6.2% | +12.7% | −2.1% |
| 2021 | −1.2% | +2.7% | +3.2% | +3.0% | +3.9% | −1.4% | +0.8% | +1.3% | −3.2% | +3.2% | −4.5% | +4.8% |
| 2020 | −2.9% | −7.6% | −15.8% | +7.6% | +5.6% | +3.1% | +2.2% | +5.3% | −2.2% | −3.6% | +14.4% | +5.2% |
| 2019 | — | — | — | — | — | — | — | −2.0% | +3.1% | +3.3% | +1.4% | +3.1% |
DFALX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.46%
- 3-year Sharpe ratio: 1.04 (vs 4.5% risk-free rate)
- Best month: +8.48% (Nov 2023)
- Worst month: −7.45% (Mar 2026)
DFALX Fund Flows
Monthly money in and out of Large Cap International Portfolio, from SEC Form N-PORT.
- 12-month net flow: $723.1M
- 12-month gross sales (incl. reinvestments): $2.1B
- Sales ÷ redemptions: 1.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $413.3M | $125.9M | $287.3M |
| Jun 2026 | $411.4M | $106.2M | $305.2M |
| May 2026 | $153.3M | $98.4M | $54.8M |
| Apr 2026 | $102.1M | $112.5M | −$10.3M |
| Mar 2026 | $136.2M | $101.8M | $34.4M |
| Feb 2026 | $137.0M | $188.0M | −$51.0M |
| Jan 2026 | $109.2M | $123.2M | −$14.1M |
| Dec 2025 | $175.9M | $141.6M | $34.3M |
| Nov 2025 | $59.8M | $74.1M | −$14.2M |
| Oct 2025 | $98.4M | $94.9M | $3.5M |
| Sep 2025 | $243.0M | $142.3M | $100.7M |
| Aug 2025 | $82.2M | $89.8M | −$7.6M |
DFALX Assets Under Management
Net assets of Large Cap International Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $8.90B |
| 2026-04-30 | $8.04B |
| 2026-01-31 | $7.81B |
| 2025-10-31 | $7.19B |
| 2025-07-31 | $6.59B |
| 2025-04-30 | $6.38B |
| 2025-01-31 | $6.13B |
| 2024-10-31 | $5.94B |
| 2024-07-31 | $6.05B |
| 2024-04-30 | $5.86B |
| 2024-01-31 | $5.74B |
| 2023-10-31 | $5.12B |
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.