Nomura Growth and Income Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Nomura Growth and Income Fund held 66 positions with $2.37B in net assets. Its ten largest holdings made up 34.2% of the fund. The FGIPX share class costs 0.77% a year. Over the 12 months to May 2026, FGIPX returned 43.7%, with dividends reinvested. In 2026 Q2 it added 12 new positions and exited 7.
Nomura Growth and Income Fund seeks long-term growth of capital and current income.
The fund invests primarily in common stocks of large-size companies selected for above-average dividend yields combined with demonstrated business quality, including superior profitability, balance sheet strength, earnings stability, and reasonable valuations relative to growth prospects and peers. The fund may also hold convertible securities, REITs, and other income-generating equity securities. Day-to-day management is delegated to Macquarie Investment Management Global Limited, which applies a systematic bottom-up approach to identify companies positioned for sustainable growth that may result in price appreciation alongside current income.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
4.88% | $115.42M | 982.6K | $117.46 | |
3.80% | $90.01M | 643.1K | $139.96 | |
3.55% | $83.96M | 811.6K | $103.45 | |
3.54% | $83.93M | 613.8K | $136.72 | |
3.33% | $78.82M | 435.7K | $180.91 | |
3.17% | $75.15M | 594.8K | $126.34 | |
AAPLAPPLE INC | 3.15% | $74.51M | 257.5K | $289.36 |
2.98% | $70.62M | 1.2M | $57.62 | |
INVESCO LTD | 2.98% | $70.56M | 2.7M | $26.39 |
BPOPPOPULAR INC | 2.80% | $66.21M | 403.3K | $164.18 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 66 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 93.84% |
| Cash & short-term | 6.11% |
By sector
- Financials
- 19.6%
- Health Care
- 17.0%
- Information Technology
- 14.0%
- Energy
- 9.7%
- 7 other sectors
- 39.7%
- Financials
- 19.6%
- Health Care
- 17.0%
- Information Technology
- 14.0%
- Energy
- 9.7%
- Consumer Discretionary
- 7.9%
- Consumer Staples
- 6.1%
- Cash
- 6.1%
- Industrials
- 6.0%
- Communication Services
- 5.9%
- International
- 5.3%
- Materials
- 2.3%
How it has done
FGIPX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.17%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 3 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.77% | +43.66% | +106.45% | +114.36% | -6.49% | |
| 1.02% | +43.41% | +105.06% | +111.78% | -6.49% | |
| 0.69% | +43.79% | +107.06% | +115.15% | -6.52% |
These classes hold the same portfolio, so the 3.37pp spread over 5 years is the cost difference between them — roughly 0.67pp a year — not a difference in what they own.
Fees & fund details
Nomura Growth and Income Fund is an actively managed U.S. equity fund. 7% of FGIPX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 94% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.69% – 1.02%· FGIPX 0.77%
- Portfolio turnover
- 34.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
12 new· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FGIPX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”