Nomura Floating Rate Fund Class C DDFCX Strategy
Strategy
The investment seeks high current income and, secondarily, long-term total return. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating rate loans and other floating rate debt securities (80% policy). The manager will determine how much of the fund's assets to allocate among the different types of securities in which the fund may invest based on its evaluation of economic and market conditions and its assessment of the returns and potential for appreciation that can be achieved from various sectors of the fixed income market.
|
Ticker
|
Name
|
Share Class Type
|
Investment Status
|
Morningstar Rating for Funds
Overall
|
Medalist Rating
Overall
|
Inception Date
|
Total Net Assets for Share Class
|
Adjusted Expense Ratio
|
Fee Level
Distribution
|
Minimum Initial Investment
|
1-Year Net Flow
|
|---|---|---|---|---|---|---|---|---|---|---|---|
DDFLX
| Nomura Floating Rate Fund Institutional Class | Institutional | Open | $545.99M | 0.670% | Below Average | $0 | −$23.31M | |||
DDFAX
| Nomura Floating Rate Fund Class A | Front Load | Open | $82.73M | 0.920% | Low | $1,000 | −$7.17M | |||
DDFCX
| Nomura Floating Rate Fund Class C | Level Load | Open | $14.21M | 1.670% | Below Average | $1,000 | −$1.51M | |||
DDFZX
| Nomura Floating Rate Fund Class R6 | Retirement, Large | Open | $4.54M | 0.600% | Low | $0 | −$3.46M | |||
DDFFX
| Nomura Floating Rate Fund Class R | Retirement, Medium | Open | $1.64M | 1.170% | Below Average | $0 | $1,975.85 |