Nomura Growth and Income Fund Institutional Class (FGIPX)
| Fund Assets | 2.37B |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.92 |
| Dividend Yield | 9.66% |
| Dividend Growth | 5.66% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 22, 2026 |
| Previous Close | 19.91 |
| YTD Return | 18.70% |
| 1-Year Return | 37.73% |
| 5-Year Return | 119.90% |
| 52-Week Low | 15.62 |
| 52-Week High | 20.12 |
| Beta (5Y) | 1.02 |
| Holdings | 65 |
| Inception Date | Apr 1, 2013 |
About FGIPX
The Macquarie Growth and Income Fund Institutional Class is a mutual fund that focuses on delivering a combination of long-term capital growth and current income. Its primary strategy centers on investing in common stocks that have the potential to provide both capital appreciation and dividend income. The fund typically emphasizes large-cap equities, selecting securities that offer growth prospects alongside consistent income streams, making it well-suited for investors seeking a balanced approach between growth and yield. Managed by Macquarie Asset Management, this fund leverages the expertise of its investment team to curate a diversified portfolio, aiming to balance risk and return. The fund's role in the market is to serve institutional investors who require a disciplined blend of equity exposure and income generation, fitting needs that lie between aggressive growth and conservative income-oriented strategies. Its disciplined investment process and diversified holdings help mitigate volatility while maintaining a dual objective, adding value to a broad range of institutional investment portfolios.
Performance
FGIPX had a total return of 37.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNFX | Vanguard | Vanguard Windsor II Fund Investor Share | 0.33% |
Top 10 Holdings
36.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Cisco Systems, Inc. | CSCO | 4.68% |
| Micron Technology, Inc. | MU | 4.67% |
| ExxonMobil Holdings Corporation | XOM | 4.10% |
| Citigroup Inc. | C | 3.90% |
| Bristol-Myers Squibb Company | BMY | 3.26% |
| Popular, Inc. | BPOP | 3.24% |
| Gilead Sciences, Inc. | GILD | 3.21% |
| CVS Health Corporation | CVS | 3.17% |
| Philip Morris International Inc. | PM | 3.12% |
| Alphabet Inc. | GOOGL | 3.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 22, 2026 | $0.08891 | Jun 22, 2026 |
| Mar 20, 2026 | $0.0982 | Mar 20, 2026 |
| Dec 15, 2025 | $1.65258 | Dec 15, 2025 |
| Sep 22, 2025 | $0.08273 | Sep 23, 2025 |
| Jun 20, 2025 | $0.07261 | Jun 23, 2025 |
| Mar 21, 2025 | $0.08791 | Mar 24, 2025 |