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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nomura Diversified Income Fund

DPRFX | Fund

$7.67

$2.29 B

0.00%

1.14%

Vitals

YTD Return

0.5%

1 yr return

5.4%

3 Yr Avg Return

4.2%

5 Yr Avg Return

-0.1%

Net Assets

$2.29 B

Holdings in Top 10

19.9%

52 WEEK LOW AND HIGH

$7.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 198.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nomura Diversified Income Fund

DPRFX | Fund

$7.67

$2.29 B

0.00%

1.14%

DPRFX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nomura Diversified Income Fund
  • Fund Family Name
    Nomura Funds (formerly, Macquarie Funds)
  • Inception Date
    Jul 23, 2003
  • Shares Outstanding
    N/A
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    J. Hillmeyer

Fund Description

The Fund allocates its investments principally among the following four sectors of the fixed income securities markets: the US investment grade sector, the US high yield sector, the international developed markets sector, and the emerging markets sector.Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities (80% policy). The Manager will determine how much of the Fund’s assets to allocate to each of the four sectors, based on its evaluation of economic and market conditions, and its assessment of the returns and potential for appreciation that can be achieved from investments in each of the four sectors. Allocations of the Fund’s assets among these four sectors will vary over time and the Fund may not be invested in all of these sectors at all times.
Under normal circumstances, between 5% and 35% of the Fund’s net assets will be allocated to the US high yield sector. The Fund’s investments in emerging markets will, in the aggregate, be limited to no more than 20% of the Fund’s net assets. The Fund will limit its investments in foreign securities to between 5% and 40% of its net assets and will seek to hedge its foreign currency exposure, which will be limited to 20% of the Fund’s net assets, by entering into forward foreign currency contracts.
The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may invest in mortgage-backed securities and other asset-backed securities. The Fund may also use a wide range of derivatives instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund may invest in collateralized mortgage obligations (CMOs) and real estate mortgage investment conduits (REMICs).
The Fund may also use a wide range of derivatives instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund will use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against a credit event, to gain exposure to certain securities or markets, or to enhance total return; and index swaps to enhance return or to effect diversification. The Fund will not use derivatives for reasons inconsistent with its investment objective.
The Fund’s 80% policy is nonfundamental and may be changed without shareholder approval. However, Fund shareholders would be given at least 60 days’ notice prior to any such change.
Read More

DPRFX - Performance

Return Ranking - Trailing

Period DPRFX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -3.4% 4.8% 21.03%
1 Yr 5.4% -0.8% 14.1% 33.03%
3 Yr 4.2%* -3.9% 13.5% 48.17%
5 Yr -0.1%* -5.3% 6.0% 65.63%
10 Yr 2.0%* -0.4% 74.5% 35.81%

* Annualized

Return Ranking - Calendar

Period DPRFX Return Category Return Low Category Return High Rank in Category (%)
2025 2.9% -4.7% 18.4% 44.00%
2024 -2.1% -13.2% 4.6% 44.23%
2023 2.1% -16.2% 6.8% 49.31%
2022 -16.8% -34.7% 2.1% 73.18%
2021 -4.2% -11.6% 4.4% 84.46%

Total Return Ranking - Trailing

Period DPRFX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -3.4% 4.8% 21.03%
1 Yr 5.4% -0.8% 14.1% 33.03%
3 Yr 4.2%* -3.9% 13.5% 48.17%
5 Yr -0.1%* -5.3% 6.0% 65.63%
10 Yr 2.0%* -0.4% 74.5% 35.81%

* Annualized

Total Return Ranking - Calendar

Period DPRFX Return Category Return Low Category Return High Rank in Category (%)
2025 7.6% -2.0% 22.5% 43.77%
2024 1.9% -12.6% 12.0% 52.69%
2023 6.3% -11.3% 11.9% 38.99%
2022 -14.0% -32.2% 3.6% 64.94%
2021 -1.2% -5.9% 9.2% 59.49%

NAV & Total Return History

DPRFX - Holdings

Concentration Analysis

DPRFX Category Low Category High DPRFX % Rank
Net Assets 2.29 B 3.02 M 390 B 49.03%
Number of Holdings 744 1 17368 53.84%
Net Assets in Top 10 467 M 1.89 M 44 B 49.83%
Weighting of Top 10 19.92% 4.8% 128.8% 54.89%

Top 10 Holdings

  1. United States Treasury Note/Bond 9.32%
  2. Fannie Mae Pool 2.65%
  3. Fannie Mae Pool 1.41%
  4. Ginnie Mae II Pool 1.22%
  5. Ginnie Mae II Pool 1.12%
  6. United States Treasury Note/Bond 1.03%
  7. Freddie Mac Pool 0.82%
  8. Freddie Mac Pool 0.81%
  9. Fannie Mae Pool 0.77%
  10. Fannie Mae Pool 0.76%

Asset Allocation

Weighting Return Low Return High DPRFX % Rank
Bonds 		92.45% 0.00% 222.86% 57.94%
Other 		3.99% -14.76% 71.36% 57.04%
Cash 		3.23% -24.88% 99.53% 37.23%
Convertible Bonds 		1.97% 0.00% 7.93% 31.18%
Preferred Stocks 		0.20% 0.00% 74.76% 16.15%
Stocks 		0.13% 0.00% 100.02% 23.31%

Stock Sector Breakdown

Weighting Return Low Return High DPRFX % Rank
Utilities 		0.00% 0.00% 100.00% 6.67%
Technology 		0.00% 0.00% 43.45% 78.67%
Real Estate 		0.00% 0.00% 99.26% 74.67%
Industrials 		0.00% 0.00% 48.31% 80.00%
Healthcare 		0.00% 0.00% 17.70% 82.67%
Financial Services 		0.00% 0.00% 100.00% 80.00%
Energy 		0.00% 0.00% 100.00% 93.33%
Communication Services 		0.00% 0.00% 100.00% 78.67%
Consumer Defense 		0.00% 0.00% 99.67% 77.33%
Consumer Cyclical 		0.00% 0.00% 100.00% 78.67%
Basic Materials 		0.00% 0.00% 100.00% 77.33%

Stock Geographic Breakdown

Weighting Return Low Return High DPRFX % Rank
Non US 		0.11% 0.00% 88.34% 0.80%
US 		0.02% 0.00% 100.02% 29.21%

Bond Sector Breakdown

Weighting Return Low Return High DPRFX % Rank
Corporate 		50.13% 0.00% 100.00% 10.62%
Securitized 		35.13% 0.00% 98.40% 32.45%
Government 		9.32% 0.00% 86.23% 89.49%
Cash & Equivalents 		2.92% 0.00% 91.82% 41.92%
Municipal 		0.87% 0.00% 100.00% 32.45%
Derivative 		-0.10% -10.74% 33.51% 78.12%

Bond Geographic Breakdown

Weighting Return Low Return High DPRFX % Rank
US 		91.87% 0.00% 222.86% 50.63%
Non US 		0.57% 0.00% 36.90% 35.40%

DPRFX - Expenses

Operational Fees

DPRFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.01% 30.45% 17.05%
Management Fee 0.48% 0.00% 1.76% 86.84%
12b-1 Fee 0.50% 0.00% 1.00% 72.37%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

DPRFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DPRFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DPRFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 198.00% 2.00% 493.39% 71.52%

DPRFX - Distributions

Dividend Yield Analysis

DPRFX Category Low Category High DPRFX % Rank
Dividend Yield 0.00% 0.00% 10.11% 85.60%

Dividend Distribution Analysis

DPRFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

DPRFX Category Low Category High DPRFX % Rank
Net Income Ratio 1.79% -1.28% 4.79% 45.36%

Capital Gain Distribution Analysis

DPRFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

DPRFX - Fund Manager Analysis

Managers

J. Hillmeyer

Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

J. David Hillmeyer is head of multisector/global fixed income in the Americas. He is co-portfolio manager for the fixed rate diversified multisector, core plus, and investment grade corporate bond strategies. Prior to joining Delaware Investments in August 2007 as a vice president and corporate bond trader, he worked for more than 11 years in various roles at Hartford Investment Management Company, including senior corporate bond trader, high yield portfolio manager / trader, and quantitative analyst. He began his career as an investment advisor in January 1989 at Shawmut Bank, leaving the firm as an investment officer in November 1995. Hillmeyer earned his bachelor’s degree from Colorado State University, and he is a member of the CFA Society of Philadelphia and the Philadelphia Council for Business Economics.

Daniela Mardarovici

Start Date

Tenure

Tenure Rank

Mar 19, 2019

3.2

3.2%

Ms. Mardarovici joined Macquarie Investment Management (MIM) in March 2019 as Senior Vice President and co-head of the firm’s multisector and core plus strategies. Prior to joining the firm, she spent more than 13 years at BMO Global Asset Management as a senior portfolio manager. Since 2014, she was a member of the management committee of TCH, BMO’s US fixed income group, and helped lead business strategy and development efforts. Mardarovici was also responsible for driving investment strategy and managing institutional portfolios and mutual funds across a wide spectrum of strategies,

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.81 1.16

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