Performance Management
Jul. 31, 2025
The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund’s performance from year to year and the table shows how the Fund’s average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance.
On January 31, 2017, the Fund was repositioned as an income-oriented fund. The returns prior to January 31, 2017 do not reflect this change and accordingly, the performance shown in the bar chart and average annual total return table prior to that date may not be indicative of future returns.
The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. You may obtain the Fund’s most recently available month-end performance by calling 800 523-1918 or by visiting our website at nomuraassetmanagement.com/performance.
As
of September
30, 2025,
the Fund’s Class A shares had a calendar year-to-date return of 6.28%.
During the periods
illustrated in this bar chart, Class A’s highest
quarterly return was
10.61%
for the quarter ended June
30, 2020,
and its lowest
quarterly return was
-9.60%
for the quarter ended March
31, 2020.
The maximum Class A sales charge of 4.50%, which is normally deducted when you purchase
shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If
this fee were included, the returns would be less than those shown. The average annual total
returns in the table below do include the sales charge.
|
|
1 year
|
5 years
|
10 years
|
|
Class A return before taxes..................................................
|
1.76%
|
1.94%
|
2.39%
|
|
Class A return after taxes on distributions.......................................
|
-0.67%
|
0.06%
|
0.73%
|
|
Class A return after taxes on distributions and sale of Fund shares.....................
|
1.00%
|
0.66%
|
1.08%
|
|
Class C return before taxes.................................................
|
4.72%
|
2.13%
|
2.09%
|
|
Class R return before taxes.................................................
|
6.11%
|
2.62%
|
2.59%
|
|
Institutional Class return before taxes..........................................
|
6.64%
|
3.15%
|
3.11%
|
|
Bloomberg US Aggregate Index (reflects no deduction for fees, expenses, or taxes).........
|
1.25%
|
-0.33%
|
1.35%
|
After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investor’s individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund’s performance from year to year and the table shows how the Fund’s average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. You may obtain the Fund’s most recently available month-end performance by calling 800 523-1918 or by visiting our website at nomuraassetmanagement.com/performance.
As of September 30, 2025, the Fund’s Class A shares had a calendar year-to-date return of 7.37%. During the periods illustrated in this bar chart, Class A’s highest quarterly return was 13.40% for the quarter ended June 30, 2020, and its lowest quarterly return was -14.85% for the quarter ended March 31, 2020. The maximum Class A sales charge of 4.50%, which is normally deducted when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual total returns in the table below do include the sales charge.
|
|
1 year
|
5 years
|
10 years
|
|
Class A return before taxes.................................................
|
2.73%
|
1.17%
|
3.52%
|
|
Class A return after taxes on distributions.......................................
|
0.08%
|
-0.79%
|
1.57%
|
|
Class A return after taxes on distributions and sale of Fund shares.....................
|
1.57%
|
0.04%
|
1.83%
|
|
Class C return before taxes.................................................
|
5.71%
|
1.33%
|
3.38%
|
|
Institutional Class return before taxes..........................................
|
7.89%
|
2.34%
|
4.20%
|
|
Bloomberg
Global Aggregate Bond Index (reflects
no deduction for fees, expenses, or
taxes).................................. |
-1.69%
|
-1.96%
|
0.15%
|
|
J.P.
Morgan Corporate Emerging Markets Bond Index Broad Diversified (reflects
no deduction
for fees, expenses, or taxes)...................... |
7.63%
|
2.18%
|
4.03%
|
After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investor’s individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.