IHIFX – Nomura High Income Fund Class R6 Investment Strategy | Morningstar

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Strategy

The investment seeks to provide total return through a combination of high current income and capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in noninvestment-grade debt securities, commonly called “high-yield” or “junk” bonds, which include debt securities rated BB+ or lower by S&P Global Ratings, a division of S&P Global, Inc. (S&P), or comparably rated by another nationally recognized statistical rating organization (NRSRO) or, if unrated, determined by the Sub-Advisor to be of comparable quality (80% policy).

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
WHIYX	Nomura High Income Fund Class Y	Institutional	Open			Dec 30, 1998	$28.40M	0.870%	High	$0	−$10.82M
IVHIX	Nomura High Income Fund Class I	Institutional	Open			Apr 2, 2007	$498.25M	0.620%	Below Average	$0	−$321.69M
WHIAX	Nomura High Income Fund Class A	Front Load	Open			Jul 3, 2000	$888.04M	0.870%	Below Average	$1,000	−$208.74M
WRHIX	Nomura High Income Fund Class C	Level Load	Open			Jul 31, 1997	$41.93M	1.620%	Below Average	$1,000	−$20.44M
IHIFX	Nomura High Income Fund Class R6	Retirement, Large	Open			Jul 31, 2014	$25.49M	0.540%	Below Average	$0	−$14.03M
IYHIX	Nomura High Income Fund Class R	Retirement, Medium	Open			Dec 19, 2012	$26.39M	1.120%	Average	$0	−$2.91M

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