DLTLX Performance — Nomura Ultrashort Fund, Class L
Data updated: 2026-08-26
DLTLX returned +3.55% over one year to Jun 2023. The annualised 3-year return is +1.16%. The fund beat its Ultrashort Securitized Bond category average: $100 invested three years ago grew to $104, against $103 for the category, and to $104 over one year, against $103. Volatility over the past three years was 0.61% a year. In the 12 months to Jun 2026 the fund took in a net $2.0M, and assets reached $123.17M.
DLTLX Growth of $100
What $100 invested in Nomura Ultrashort Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Securitized Bond category average over the same months.
| Period | DLTLX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $104 | $103 |
| 3 years (Jul 2020 – Jun 2023) | $104 | $103 |
| Since data start (Jul 2019 – Jun 2023) | $105 | $104 |
DLTLX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.55% |
| 3 years (annualised) | +1.16% |
DLTLX Annual Returns
Calendar-year total returns of Nomura Ultrashort Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +2.25% |
| 2022 | +0.75% |
| 2021 | −0.01% |
| 2020 | +0.87% |
| 2019 (Jul–Dec) | +1.34% |
DLTLX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +0.4% | +0.3% | +0.4% | +0.3% | +0.4% | +0.4% | — | — | — | — | — | — |
| 2022 | 0.0% | −0.1% | −0.2% | −0.1% | −0.1% | −0.1% | +0.2% | +0.2% | 0.0% | +0.1% | +0.4% | +0.4% |
| 2021 | +0.1% | −0.1% | −0.1% | 0.0% | +0.1% | +0.1% | +0.1% | −0.1% | 0.0% | −0.1% | −0.1% | −0.1% |
| 2020 | +0.4% | +0.2% | −2.9% | +1.6% | +0.7% | +0.6% | +0.2% | +0.2% | +0.1% | +0.1% | 0.0% | 0.0% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.4% | +0.1% | +0.3% | +0.2% | +0.2% |
DLTLX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 0.61%
- 3-year Sharpe ratio: -5.47 (vs 4.5% risk-free rate)
- Best month: +0.44% (Mar 2023)
- Worst month: −0.19% (Mar 2022)
DLTLX Fund Flows
Monthly money in and out of Nomura Ultrashort Fund, from SEC Form N-PORT.
- 12-month net flow: $2.0M
- 12-month gross sales (incl. reinvestments): $50.2M
- Sales ÷ redemptions: 1.04×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.3M | $3.1M | −$1.8M |
| May 2026 | $2.4M | $7.2M | −$4.8M |
| Apr 2026 | $1.6M | $2.9M | −$1.3M |
| Mar 2026 | $1.7M | $2.7M | −$1.0M |
| Feb 2026 | $3.0M | $6.8M | −$3.8M |
| Jan 2026 | $3.2M | $3.8M | −$593K |
| Dec 2025 | $2.7M | $3.0M | −$314K |
| Nov 2025 | $5.0M | $2.6M | $2.4M |
| Oct 2025 | $3.7M | $4.5M | −$780K |
| Sep 2025 | $22.4M | $5.2M | $17.2M |
| Aug 2025 | $1.6M | $3.0M | −$1.3M |
| Jul 2025 | $1.5M | $3.4M | −$1.9M |
DLTLX Assets Under Management
Net assets of Nomura Ultrashort Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $123.17M |
| 2026-03-31 | $131.06M |
| 2025-12-31 | $136.70M |
| 2025-09-30 | $135.50M |
| 2025-06-30 | $121.46M |
| 2025-03-31 | $123.71M |
| 2024-12-31 | $111.76M |
| 2024-09-30 | $115.81M |
| 2024-06-28 | $117.90M |
| 2024-03-28 | $120.54M |
| 2023-12-29 | $138.46M |
| 2023-09-29 | $139.30M |
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.