# Nomura Smid Cap Core Fund;Y (IYSYX): Mutual Fund Facts & Distributions

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- Issuer: Nomura · Asset class: Equity
- Strategy: Actively Managed · Inception: 2003-12-08

The primary objective of this fund is to generate capital appreciation. It achieves this by focusing investments on a diverse range of equity securities from small- and mid-sized companies that the manager believes offer the strongest potential for increasing in value. A minimum of 80% of the fund's net assets will consistently be allocated to common stocks of these small- and mid-capitalization enterprises. Small-cap companies are generally defined as those whose market capitalization, at the time of acquisition, mirrors that of issuers within the Russell 2500TM Index. Mid-cap companies, c...

## Key Facts

| Metric | Value |
|---|---|
| Price | $19.64 |
| Expense Ratio | 1.14% |
| Assets Under Management | $647.5M |
| NAV | $19.64 (2026-10-29 close) |
| Holdings Count | — |
| Distribution Yield (TTM) | 17.82% |
| Annual Distribution (TTM) | $3.50 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $18.81 – $24.45 |
| Beta | 1.07 |

## Latest Distribution

- Amount: $3.1955 /share
- Ex-date: 2026-10-28
- Pay date: 2026-10-28

## Frequently Asked Questions

### What does IYSYX invest in?

The primary objective of this fund is to generate capital appreciation. It achieves this by focusing investments on a diverse range of equity securities from small- and mid-sized companies that the manager believes offer the strongest potential for increasing in value. A minimum of 80% of the fund's net assets will consistently be allocated to common stocks of these small- and mid-capitalization enterprises. Small-cap companies are generally defined as those whose market capitalization, at the time of acquisition, mirrors that of issuers within the Russell 2500TM Index. Mid-cap companies, conversely, fall within the market capitalization spectrum of the Russell Midcap® Index at the point of purchase.

### What is the expense ratio of IYSYX?

Nomura Smid Cap Core Fund;Y (IYSYX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is IYSYX?

Nomura Smid Cap Core Fund;Y (IYSYX) manages $647.5M 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 IYSYX actively managed or an index fund?

IYSYX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (IYSYX's is 1.14%) in exchange for the discretion to over- or under-weight positions.

### When was IYSYX launched?

Nomura Smid Cap Core Fund;Y (IYSYX) launched in December 2003 and is managed by Nomura.

### How has IYSYX performed?

IYSYX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does IYSYX pay a dividend?

Nomura Smid Cap Core Fund;Y (IYSYX) currently distributes little or no income. Trailing-twelve-month yield is 17.82%. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does IYSYX pay dividends?

Nomura Smid Cap Core Fund;Y pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is IYSYX's dividend yield?

IYSYX's trailing-twelve-month yield is 17.82%, calculated from the sum of dividends over the past year divided by the current price.

### When is IYSYX's next ex-dividend date?

The most recently announced ex-dividend date for IYSYX was 2026-10-28. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will IYSYX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 1.14% 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 IYSYX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from IYSYX'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 IYSYX cost more than a fund like VOO?

IYSYX is actively managed (current expense ratio 1.14%). 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 IYSYX's fee is competitive for the active-management cohort.

### Are there cheaper alternatives to IYSYX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as IYSYX (1.14%) 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/iysyx
- Distribution history: https://www.dividenddata.com/funds/iysyx/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/iysyx/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/iysyx/expenses
- Peer comparison: https://www.dividenddata.com/funds/iysyx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.