IYMIX Fees and Costs — Nomura Mid Cap Growth Fund, Institutional Class
Data updated: 2026-08-26
The net expense ratio is 0.79%: a 0.81% management fee plus 0.18% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.2M in broker commissions, 0.0269% of average net assets, and portfolio turnover was 43%.
IYMIX Fees and Expenses
Annual operating expenses and sales charges of IYMIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.79% |
| 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 |
IYMIX Costs Over Time
On $10,000 invested in IYMIX, assuming 5% a year before costs, total costs come to $513 over 5 years, cutting the return by 0.86% 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 0.79%) | $83 | $259 | $451 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $281 | $513 |
| Value after costs | $10,414 | $11,295 | $12,250 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
IYMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0269%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $100.5M
- Portfolio turnover (prospectus): 43%
- Securities lending: none during the year
IYMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $127K | 15.30% |
| GOLDMAN SACHS & CO. LLC | $111K | 13.44% |
| CitiGroup Global Markets Inc. | $109K | 13.11% |
| J.P. Morgan Securities LLC | $91K | 10.99% |
| MORGAN STANLEY & CO. LLC | $89K | 10.70% |
| RBC CAPITAL MARKETS, LLC | $63K | 7.61% |
| BTIG, LLC | $62K | 7.52% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $62K | 7.43% |
| UBS SECURITIES LLC | $59K | 7.14% |
| JEFFERIES LLC | $56K | 6.77% |
IYMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $59.1M | 58.83% |
| ROBERT W BAIRD & CO. INC. | $22.1M | 21.97% |
| BOFA SECURITIES, INC. | $19.3M | 19.20% |
Nomura Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IGRFX | Class R6 | 0.68% | none |
| IYMIX | Institutional Class | 0.79% | none |
| WMGAX | Class A | 1.04% | 5.75% |
| WMGYX | Class Y | 1.04% | none |
| WMGRX | Class R | 1.29% | none |
| WMGCX | Class C | 1.79% | 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.