Driehaus Event Driven Fund (DEVDX)
The investment seeks to provide positive returns over full-market cycles. The fund is actively managed by using techniques intended to provide positive returns over full-market cycles. In making investment decisions the fund's investment adviser, will employ event-driven strategies designed to exploit disparities or inefficiencies in U.S. and foreign (non-U.S.) equity and debt markets.
Fund Info
US2620288140
262028814
Aug 22, 2013
$10,000
Expense Ratio
DEVDX has a high expense ratio of 1.66%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Driehaus Event Driven Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Driehaus Event Driven Fund had a return of 1.86% year-to-date (YTD) and 2.27% in the last 12 months. Over the past 10 years, Driehaus Event Driven Fund had an annualized return of 4.03%, while the S&P 500 had an annualized return of 11.06%, indicating that Driehaus Event Driven Fund did not perform as well as the benchmark.
DEVDX
1.86%
-2.18%
2.69%
2.27%
3.32%
4.03%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of DEVDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.49% | 0.65% | 1.94% | -2.38% | -0.32% | -0.00% | 3.91% | -0.55% | 1.18% | -0.08% | 1.33% | 1.86% | |
| 2023 | 3.05% | 0.82% | -1.55% | -0.08% | -0.08% | 0.75% | 0.74% | -0.57% | 2.22% | -0.56% | 1.54% | 3.04% | 9.59% |
| 2022 | -4.97% | 1.66% | 1.56% | -3.37% | -3.02% | -2.95% | 1.18% | -1.67% | -1.10% | 3.60% | 0.99% | -3.25% | -11.11% |
| 2021 | 2.66% | 0.21% | 0.21% | 1.53% | 0.34% | 1.03% | -1.42% | 0.96% | 0.27% | 0.75% | -1.41% | -8.26% | -3.51% |
| 2020 | 3.12% | 1.68% | -13.46% | 4.77% | 3.73% | 5.62% | 1.00% | 3.87% | 1.74% | 1.25% | 6.92% | 1.39% | 22.01% |
| 2019 | 5.11% | 6.39% | 0.93% | 1.80% | 1.76% | 1.12% | -0.09% | -1.28% | -1.64% | 0.44% | -0.00% | 4.60% | 20.49% |
| 2018 | 0.83% | 0.46% | -0.91% | -1.48% | 4.50% | 0.54% | -0.62% | 1.62% | 0.00% | -4.77% | -1.95% | -2.06% | -4.06% |
| 2017 | 0.39% | -0.77% | 1.46% | 2.20% | -3.65% | 5.15% | -2.13% | -2.08% | 2.89% | -0.75% | -0.76% | 2.66% | 4.35% |
| 2016 | -4.47% | -2.76% | 4.37% | -0.10% | 1.89% | 0.62% | 1.33% | 2.52% | 0.69% | 0.59% | -0.00% | 1.71% | 6.25% |
| 2015 | 1.40% | 2.95% | 0.04% | -0.77% | 1.07% | -0.77% | -0.48% | -0.97% | -3.73% | 1.83% | -1.70% | 0.20% | -1.09% |
| 2014 | 1.86% | 1.37% | -0.27% | -1.54% | -0.28% | 1.84% | -3.16% | 0.56% | -3.44% | 1.15% | -1.43% | -3.38% | -6.70% |
| 2013 | -0.30% | 3.91% | 1.93% | 1.51% | 0.19% | 7.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DEVDX is 29, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Driehaus Event Driven Fund (DEVDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Driehaus Event Driven Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.55 | $0.02 | $0.15 | $0.17 | $0.47 | $0.36 | $0.00 | $0.12 | $0.07 |
Dividend yield | 0.00% | 4.48% | 0.20% | 1.16% | 1.25% | 4.09% | 3.57% | 0.00% | 1.20% | 0.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Driehaus Event Driven Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2019 | $0.00 | $0.03 | $0.02 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.47 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2015 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Driehaus Event Driven Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Driehaus Event Driven Fund was 22.94%, occurring on Sep 26, 2022. The portfolio has not yet recovered.
The current Driehaus Event Driven Fund drawdown is 12.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.94% | Nov 18, 2021 | 214 | Sep 26, 2022 | — | — | — |
| -20.51% | Mar 6, 2014 | 489 | Feb 11, 2016 | 488 | Jan 19, 2018 | 977 |
| -18.45% | Feb 21, 2020 | 19 | Mar 18, 2020 | 84 | Jul 17, 2020 | 103 |
| -12.64% | Jun 21, 2018 | 129 | Dec 24, 2018 | 41 | Feb 25, 2019 | 170 |
| -5.41% | Mar 12, 2018 | 15 | Apr 2, 2018 | 46 | Jun 6, 2018 | 61 |
Volatility
Volatility Chart
The current Driehaus Event Driven Fund volatility is 2.35%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.