DFFVX Performance — U.S. Targeted Value Portfolio, Institutional Class Shares
Data updated: 2026-09-24
DFFVX returned +19.99% year to date and +32.88% over one year to Jul 2026. Annualised returns are +14.88% over 3 years and +12.14% over 5 years. The fund beat its US Small Value category average: $100 invested three years ago grew to $152, against $147 for the category, and to $133 over one year, against $131. Volatility over the past three years was 18.21% a year. In the 12 months to Jul 2026 the fund took in a net $58.0M, and assets reached $16.81B.
DFFVX Growth of $100
What $100 invested in U.S. Targeted Value Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | DFFVX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $133 | $131 |
| 3 years (Aug 2023 – Jul 2026) | $152 | $147 |
| 5 years (Aug 2021 – Jul 2026) | $177 | $154 |
| Since data start (Aug 2019 – Jul 2026) | $251 | $214 |
DFFVX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.99% |
| 1 year | +32.88% |
| 3 years (annualised) | +14.88% |
| 5 years (annualised) | +12.14% |
DFFVX Annual Returns
Calendar-year total returns of U.S. Targeted Value Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +19.99% |
| 2025 | +9.53% |
| 2024 | +9.34% |
| 2023 | +19.30% |
| 2022 | −4.62% |
| 2021 | +38.81% |
| 2020 | +3.77% |
| 2019 (Aug–Dec) | +6.53% |
DFFVX 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 | +6.5% | +2.9% | −3.8% | +7.5% | +0.1% | +4.4% | +1.3% | — | — | — | — | — |
| 2025 | +3.2% | −4.6% | −5.6% | −4.7% | +5.8% | +4.5% | +1.0% | +8.2% | −0.5% | −2.1% | +3.6% | +1.4% |
| 2024 | −3.2% | +2.7% | +5.3% | −6.1% | +5.3% | −2.9% | +9.8% | −2.0% | +0.2% | −1.4% | +10.8% | −7.6% |
| 2023 | +9.2% | −1.0% | −6.6% | −2.2% | −3.0% | +10.3% | +7.1% | −3.2% | −4.7% | −5.2% | +8.1% | +11.7% |
| 2022 | −3.1% | +2.5% | +0.6% | −5.9% | +4.0% | −11.1% | +9.8% | −2.3% | −9.3% | +13.5% | +5.4% | −5.9% |
| 2021 | +4.6% | +12.0% | +6.7% | +2.9% | +4.0% | −2.6% | −1.8% | +2.5% | −1.1% | +4.4% | −2.5% | +5.3% |
| 2020 | −6.2% | −11.0% | −27.2% | +15.9% | +3.6% | +2.9% | +3.2% | +5.6% | −4.5% | +3.9% | +18.6% | +7.8% |
| 2019 | — | — | — | — | — | — | — | −7.4% | +6.0% | +1.6% | +2.9% | +3.8% |
DFFVX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.21%
- 3-year Sharpe ratio: 0.57 (vs 4.5% risk-free rate)
- Best month: +11.67% (Dec 2023)
- Worst month: −7.60% (Dec 2024)
DFFVX Fund Flows
Monthly money in and out of U.S. Targeted Value Portfolio, from SEC Form N-PORT.
- 12-month net flow: $58.0M
- 12-month gross sales (incl. reinvestments): $5.6B
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $706.6M | $535.7M | $170.8M |
| Jun 2026 | $567.0M | $557.8M | $9.3M |
| May 2026 | $535.1M | $573.6M | −$38.5M |
| Apr 2026 | $548.3M | $465.6M | $82.7M |
| Mar 2026 | $596.0M | $456.6M | $139.5M |
| Feb 2026 | $550.8M | $472.3M | $78.5M |
| Jan 2026 | $389.3M | $495.8M | −$106.5M |
| Dec 2025 | $383.4M | $393.9M | −$10.4M |
| Nov 2025 | $297.0M | $399.4M | −$102.4M |
| Oct 2025 | $333.9M | $392.3M | −$58.4M |
| Sep 2025 | $346.7M | $360.7M | −$14.1M |
| Aug 2025 | $304.5M | $397.1M | −$92.6M |
DFFVX Assets Under Management
Net assets of U.S. Targeted Value Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $16.81B |
| 2026-04-30 | $15.83B |
| 2026-01-31 | $14.63B |
| 2025-10-31 | $13.32B |
| 2025-07-31 | $12.85B |
| 2025-04-30 | $11.74B |
| 2025-01-31 | $13.77B |
| 2024-10-31 | $13.34B |
| 2024-07-31 | $13.95B |
| 2024-04-30 | $12.63B |
| 2024-01-31 | $12.57B |
| 2023-10-31 | $11.04B |
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.