Nomura Mid Cap Income Opportunities Fund;Y (IVOYX)
Nomura Mid Cap Income Opportunities Fund;Y operates in the Asset Management industry of the Financial Services sector, headquartered in Scottsdale, AZ, US. The stock last traded at $18.14, up 0.44% on the session, giving a market capitalisation of $668.1M. Its beta of 0.93 implies it has historically moved less than the broad market.
The fund seeks to achieve its objective by investing primarily in a diversified portfolio of income-producing common stocks of mid-capitalization companies that the manager believes demonstrate favorable prospects for total return. It invests at least 80% of its net assets in the securities of mid-capitalization companies which for purposes of this fund typically are companies with market capitalizations similar to those of issuers included in the Russell Midcap® Index over the last 13 months at the time of acquisition.
Nomura Mid Cap Income Opportunities Fund;Y is most often compared with the following Financial Services names: