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 above-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Driehaus Event Driven Fund (DEVDX) returned -3.90% year-to-date (YTD) and -0.23% over the past 12 months. Over the past 10 years, DEVDX returned 4.70% annually, underperforming the S&P 500 benchmark at 10.84%.
DEVDX
-3.90%
0.33%
-5.83%
-0.23%
1.93%
5.80%
4.70%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.72% | -1.20% | -2.03% | -0.58% | 0.58% | -3.90% | |||||||
| 2024 | -0.49% | 0.65% | 1.94% | -2.38% | -0.32% | -0.00% | 3.91% | -0.55% | 1.18% | -0.08% | 1.33% | -2.01% | 3.06% |
| 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% | -2.03% | -9.99% |
| 2021 | 2.66% | 0.21% | 0.21% | 1.53% | 0.34% | 1.03% | -1.42% | 0.96% | 0.27% | 0.75% | -1.41% | 1.97% | 7.24% |
| 2020 | 3.12% | 1.68% | -13.46% | 4.77% | 3.73% | 5.62% | 1.00% | 3.87% | 1.74% | 1.25% | 6.92% | 3.68% | 24.78% |
| 2019 | 5.11% | 6.39% | 0.92% | 1.80% | 1.76% | 1.12% | -0.08% | -1.28% | -1.64% | 0.44% | 0.00% | 4.60% | 20.49% |
| 2018 | 0.83% | 0.46% | -0.92% | -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% | -0.75% | 2.66% | 4.35% |
| 2016 | -4.47% | -2.76% | 4.37% | -0.11% | 1.89% | 0.62% | 1.33% | 2.52% | 0.69% | 0.59% | -0.00% | 1.70% | 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% | -0.27% | 1.84% | -3.16% | 0.56% | -3.44% | 1.15% | -1.43% | -3.01% | -6.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DEVDX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is 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.
Loading data...
Dividends
Dividend History
Driehaus Event Driven Fund provided a 1.40% dividend yield over the last twelve months, with an annual payout of $0.17 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.17 | $0.55 | $0.18 | $1.61 | $0.49 | $0.47 | $0.36 | $0.00 | $0.12 | $0.07 | $0.04 |
Dividend yield | 1.40% | 1.34% | 4.48% | 1.48% | 12.11% | 3.48% | 4.09% | 3.57% | 0.00% | 1.20% | 0.66% | 0.38% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $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 |
| 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 | $0.18 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.61 | $1.61 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 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 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2014 | $0.04 | $0.04 |
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.
Loading data...
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 20.21%, occurring on Feb 11, 2016. Recovery took 483 trading sessions.
The current Driehaus Event Driven Fund drawdown is 6.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.21% | Jul 7, 2014 | 405 | Feb 11, 2016 | 483 | Jan 11, 2018 | 888 |
| -18.45% | Feb 21, 2020 | 19 | Mar 18, 2020 | 84 | Jul 17, 2020 | 103 |
| -14.35% | Nov 18, 2021 | 214 | Sep 26, 2022 | 463 | Jul 31, 2024 | 677 |
| -12.64% | Jun 21, 2018 | 129 | Dec 24, 2018 | 41 | Feb 25, 2019 | 170 |
| -9.2% | Nov 11, 2024 | 101 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...