Nomura Mid Cap Income Opportunities Strategy is an actively managed portfolio targeting total return through current income, income growth, and capital appreciation via quality-first research into dividend-growing mid-cap companies.
Total return, three ways
Current income, rising dividends, and capital appreciation work together to deliver total return across market cycles
Equal-weight conviction
High-conviction portfolio of 35-50 holdings, equal-weighted and rebalanced quarterly to systematically capture compounding
Mid-cap sweet spot
Large enough for established franchises and dividend capacity, small enough for meaningful growth
Quality dividend growers may be overlooked as markets undervalue businesses combining meaningful yield and moderate growth, creating persistent opportunity.
Not all dividends are equal – high yield with low payout and dividend growth systematically outperform. Yield cushions downside, low payouts enable dividend growth and capital appreciation.
Mid-caps are the sweet spot of the economy – large enough for durable franchises with pricing power, small enough for meaningful growth and market inefficiency.
Screen for income first, then evaluate business quality, dividend growth, and low payout ratios for total return while avoiding yield traps.
Equal-weight discipline across 35-50 holdings enforces what emotions won't. Rebalancing quarterly enforces systematic sell strength/buy weakness while maintaining conviction.
Bottom-up selection drives construction with sector weights driven by stock opportunities rather than top-down allocation, allowing long holding periods.
Russell Midcap® Index
We'll provide the depth of experience and resources needed to help address the changing dynamics of today's markets. From ETFs, SMAs, and mutual funds to private markets, our team can help you identify investment solutions aligned to your clients' financial needs.
Risk Disclosures
Investing involves risk, including the possible loss of principal.
A fund or strategy that holds a limited number of securities may be more sensitive to the price fluctuations of a single security in its portfolio and may be more volatile than a fund or strategy that holds a greater number of securities.
Diversification may not protect against market risk.
Nothing presented should be construed as a recommendation to purchase or sell any security or follow any investment technique or strategy.
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Nomura Asset Management, unless otherwise stated, refers to the Nomura Asset Management International business. Nomura Asset Management is part of the Investment Management Division of the Nomura Group, providing integrated public and private market asset management services across equities, fixed income, private credit and multi-asset solutions to intermediary and institutional clients. Nomura Asset Management primarily operates through several distinct investment managers, which includes Nomura Investment Management Business Trust (NIMBT), a Securities and Exchange Commission (SEC) registered investment adviser. Investment advisory services are provided to the Nomura Funds by Delaware Management Company, a series of NIMBT. The Nomura Funds mutual funds are distributed by Delaware Distributors, L.P., a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA) and an affiliate of NIMBT. The Nomura Funds exchange-traded funds are distributed by Foreside Financial Services, LLC. Foreside Financial Services, LLC is not affiliated with any Nomura entity, including Delaware Management Company and Delaware Distributors, L.P.
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Investing involves risk including the possible loss of principal. The investment capabilities described in this website involve risks due, among other things, to the nature of the underlying investments. All examples herein are for illustrative purposes only and there can be no assurance that any particular investment objective will be realized or any investment strategy seeking to achieve such objective will be successful. Past performance is not a reliable indication of future performance.
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