DDIIX Fees and Costs — Nomura Wealth Builder Fund, Institutional Class
Data updated: 2026-07-27
The net expense ratio is 0.81% (0.87% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $142K in broker commissions, 0.0168% of average net assets, and portfolio turnover was 91%.
DDIIX Fees and Expenses
Annual operating expenses and sales charges of DDIIX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DDIIX Costs Over Time
On $10,000 invested in DDIIX, assuming 5% a year before costs, total costs come to $519 over 5 years, cutting the return by 0.87% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.81%) | $85 | $266 | $462 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $285 | $519 |
| Value after costs | $10,413 | $11,291 | $12,244 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
DDIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0168%
- Total broker commissions: $142K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 91%
- Securities lending: none during the year
DDIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $43K | 36.31% |
| BOFA SECURITIES, INC. | $14K | 11.71% |
| ADVANTAGE SECURITIES LLC | $14K | 11.61% |
| J.P. Morgan Securities LLC | $12K | 10.27% |
| CITIGROUP GLOBAL MARKETS INC. | $10K | 8.63% |
| MORGAN STANLEY & CO. LLC | $9K | 7.65% |
| BARCLAYS CAPITAL, INC. | $5K | 3.86% |
| JEFFERIES LLC | $4K | 3.76% |
| GOLDMAN SACHS & CO. LLC | $4K | 3.20% |
| UBS Securities LLC | $4K | 3.00% |
DDIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $346.4M | 33.89% |
| BOFA SECURITIES, INC. | $119.8M | 11.72% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $101.8M | 9.96% |
| GOLDMAN SACHS & CO. LLC | $85.4M | 8.36% |
| CitiGroup Global Markets Inc. | $73.2M | 7.17% |
| WELLS FARGO SECURITIES, LLC | $70.8M | 6.92% |
| STONEX FINANCIAL INC. | $63.9M | 6.25% |
| MORGAN STANLEY & CO. LLC | $57.4M | 5.61% |
| BARCLAYS CAPITAL, INC. | $52.3M | 5.12% |
| J.P. Morgan Securities LLC | $51.1M | 5.00% |
Nomura Wealth Builder Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DDERX | Class R6 | 0.74% | none |
| DDIIX | Institutional Class | 0.81% | none |
| DDIAX | Class A | 1.06% | 5.75% |
| DDDRX | Class R | 1.31% | none |
| DDICX | Class C | 1.81% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.