Nomura Global Bond Fund Class Y IVSYX

The investment seeks to provide a combination of current income and capital appreciation. The fund  seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of bonds of foreign and U.S. issuers (80% policy). For purposes of the 80% policy, ”bonds” include various types of debt securities, such as corporate bonds, government bonds, mortgage-backed securities, asset-backed securities, secured and unsecured loan assignments, loan participations and other loan instruments (loans).