Nomura Mid Cap Income Opportunities Fund;Y

Frequently Asked Questions About IVOYX

What does IVOYX invest in?

The fund seeks to achieve its objective by investing primarily in a diversified portfolio of income-producing common stocks of mid-capitalization companies that the manager believes demonstrate favorable prospects for total return. It invests at least 80% of its net assets in the securities of mid-capitalization companies which for purposes of this fund typically are companies with market capitalizations similar to those of issuers included in the Russell Midcap® Index over the last 13 months at the time of acquisition.

What is the expense ratio of IVOYX?

Nomura Mid Cap Income Opportunities Fund;Y (IVOYX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is IVOYX's dividend yield?

IVOYX's trailing-twelve-month yield is 13.34%, calculated from the sum of dividends over the past year divided by the current price.

How big is IVOYX?

Nomura Mid Cap Income Opportunities Fund;Y (IVOYX) manages $716.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IVOYX actively managed or an index fund?

IVOYX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IVOYX launched?

Nomura Mid Cap Income Opportunities Fund;Y (IVOYX) launched in October 2014 and is managed by the fund issuer.