IVSAX Performance — Nomura Global Bond Fund, Class A
Data updated: 2026-08-26
IVSAX returned +1.18% year to date and +3.10% over one year to Jun 2026. Annualised returns are +4.66% over 3 years and +1.04% over 5 years. The fund trailed its Global Intermediate Core Bond category average: $100 invested three years ago grew to $115, against $117 for the category, and to $103 over one year, against $104. Volatility over the past three years was 4.38% a year. In the 12 months to Jun 2026 the fund lost a net $95.4M, and assets reached $388.59M.
IVSAX Growth of $100
What $100 invested in Nomura Global Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Core Bond category average over the same months.
| Period | IVSAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $115 | $117 |
| 5 years (Jul 2021 – Jun 2026) | $105 | $104 |
| Since data start (Jul 2019 – Jun 2026) | $104 | $112 |
IVSAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.18% |
| 1 year | +3.10% |
| 3 years (annualised) | +4.66% |
| 5 years (annualised) | +1.04% |
IVSAX Annual Returns
Calendar-year total returns of Nomura Global Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.18% |
| 2025 | +4.44% |
| 2024 | +2.82% |
| 2023 | +6.83% |
| 2022 | −9.05% |
| 2021 | −0.41% |
| 2020 | −0.28% |
| 2019 (Jul–Dec) | −0.33% |
IVSAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +1.4% | −2.0% | +0.4% | +0.8% | +0.4% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −0.7% | +0.8% | −0.1% | +1.0% | −0.1% | +0.8% | +0.6% | +0.7% | +0.1% | −0.3% |
| 2024 | +0.1% | −1.1% | +1.1% | −1.7% | +0.9% | +0.6% | +1.9% | +1.1% | +1.4% | −1.9% | +1.4% | −0.8% |
| 2023 | +2.5% | −2.4% | +2.4% | +0.5% | −1.0% | −0.7% | +0.7% | −0.1% | −1.5% | −0.9% | +3.9% | +3.4% |
| 2022 | −1.5% | −1.6% | −1.9% | −2.8% | +0.1% | −2.4% | +3.1% | −1.9% | −3.9% | 0.0% | +3.9% | −0.4% |
| 2021 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −0.1% | −0.1% | 0.0% | 0.0% |
| 2020 | 0.0% | −0.1% | −0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2019 | — | — | — | — | — | — | −0.1% | −0.1% | −0.1% | −0.1% | −0.1% | 0.0% |
IVSAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.38%
- 3-year Sharpe ratio: 0.04 (vs 4.5% risk-free rate)
- Best month: +3.90% (Nov 2023)
- Worst month: −1.98% (Mar 2026)
IVSAX Fund Flows
Monthly money in and out of Nomura Global Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$95.4M
- 12-month gross sales (incl. reinvestments): $133.7M
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8.2M | $15.3M | −$7.1M |
| May 2026 | $10.0M | $11.0M | −$986K |
| Apr 2026 | $8.0M | $21.1M | −$13.0M |
| Mar 2026 | $7.0M | $12.3M | −$5.3M |
| Feb 2026 | $7.4M | $7.6M | −$114K |
| Jan 2026 | $12.0M | $15.8M | −$3.8M |
| Dec 2025 | $20.1M | $17.9M | $2.3M |
| Nov 2025 | $17.0M | $22.6M | −$5.6M |
| Oct 2025 | $6.2M | $8.6M | −$2.4M |
| Sep 2025 | $13.5M | $14.9M | −$1.4M |
| Aug 2025 | $9.6M | $70.3M | −$60.8M |
| Jul 2025 | $14.7M | $11.8M | $3.0M |
IVSAX Assets Under Management
Net assets of Nomura Global Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $388.59M |
| 2026-03-31 | $406.21M |
| 2025-12-31 | $418.97M |
| 2025-09-30 | $429.54M |
| 2025-06-30 | $485.19M |
| 2025-03-31 | $484.41M |
| 2024-12-31 | $478.79M |
| 2024-09-30 | $511.63M |
| 2024-06-28 | $500.42M |
| 2024-03-28 | $482.03M |
| 2023-12-29 | $449.32M |
| 2023-09-29 | $418.86M |
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.