# Nomura High Yield Total Return ETF (HFIX): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/hfix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nomura · Asset class: Domestic Fixed Income - Strategy: Actively Managed · Inception: 2026-10-05 The Fund is an actively managed exchange-traded fund of Nomura ETF Trust that seeks current yield and capital growth. Under normal circumstances it invests at least 80% of net assets, plus any borrowings for investment purposes, in high yield bonds (also known as junk bonds) rated below investment grade by Moody's, S&P, or Fitch, or, if unrated, determined to be of comparable quality by Nomura Corporate Research and Asset Management Inc. (NCRAM). The Fund may invest in new issuances of high yield bonds and in distressed high yield bonds. ## Key Facts | Metric | Value | |---|---| | Price | $25.20 | | Expense Ratio | 0.45% | | Assets Under Management | $75.9M | | NAV | $25.09 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $25.11 – $25.25 | | Beta | 0.00 | ## Frequently Asked Questions ### What does HFIX invest in? The Fund is an actively managed exchange-traded fund of Nomura ETF Trust that seeks current yield and capital growth. Under normal circumstances it invests at least 80% of net assets, plus any borrowings for investment purposes, in high yield bonds (also known as junk bonds) rated below investment grade by Moody's, S&P, or Fitch, or, if unrated, determined to be of comparable quality by Nomura Corporate Research and Asset Management Inc. (NCRAM). The Fund may invest in new issuances of high yield bonds and in distressed high yield bonds. ### What is the expense ratio of HFIX? Nomura High Yield Total Return ETF (HFIX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of HFIX? Effective duration measures HFIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HFIX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of HFIX? HFIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of HFIX? Yield to maturity (YTM) is the total return you'd earn from HFIX if every bond in the portfolio is held to maturity at the current price. HFIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### How big is HFIX? Nomura High Yield Total Return ETF (HFIX) manages $75.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does HFIX pay a dividend? Nomura High Yield Total Return ETF (HFIX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does HFIX pay dividends? Nomura High Yield Total Return ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is HFIX's dividend yield? HFIX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is HFIX's next ex-dividend date? HFIX hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will HFIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.45% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HFIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HFIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HFIX cost more than a fund like VOO? HFIX is actively managed (current expense ratio 0.45%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether HFIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to HFIX? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as HFIX (0.45%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/hfix - Distribution history: https://www.dividenddata.com/funds/hfix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/hfix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/hfix/expenses - Peer comparison: https://www.dividenddata.com/funds/hfix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.