Morningstar

Nomura Floating Rate Fund Class R6 DDFZX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $7.78  /  +0.13 %
  • Fund Size $656.0M
  • Adjusted Expense Ratio 0.600%
  • Net Expense Ratio 0.600%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 6.54%
  • Average Effective Duration 0.29 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis DDFZX

Will DDFZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DDFZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DDFZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DDFZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A competitive bank loan offering with a history of strong downside protection.

Associate Analyst Rafael Ramirez

Rafael Ramirez

Associate Analyst

Summary

Recent firm changes caused little disruption for Nomura Floating Rate, preserving the team and investment approach behind its strong track record.

by Rafael Ramirez
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Portfolio Holdings DDFZX

More DDFZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
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