Nomura Balanced Fund Class A (IBNAX)
| Fund Assets | 1.95B |
| Expense Ratio | 1.05% |
| Min. Investment | $750 |
| Turnover | 76.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 2.64% |
| Dividend Growth | 195.42% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 20, 2026 |
| Previous Close | 24.89 |
| YTD Return | -2.50% |
| 1-Year Return | 10.64% |
| 5-Year Return | 29.74% |
| 52-Week Low | 21.74 |
| 52-Week High | 26.41 |
| Beta (5Y) | n/a |
| Holdings | 532 |
| Inception Date | Nov 16, 1987 |
About IBNAX
Macquarie Balanced Fund Class A is a mutual fund designed to provide total return by combining capital appreciation and current income. The fund pursues this objective through a diversified portfolio that typically includes both equity and fixed income securities, as well as short-term instruments, reflecting a moderate allocation strategy. Its equity holdings are concentrated in large and medium-sized companies, with significant allocations to leading technology, healthcare, and consumer companies, as well as selective exposure to sectors such as financial services, energy, and consumer staples. The fund maintains a dynamic asset mix, adjusting the balance between stocks and bonds based on market conditions, aiming to deliver risk-adjusted returns while managing volatility. With a history dating back to 1987, Macquarie Balanced Fund Class A plays a role in the market as a core balanced offering, appealing to investors seeking a blend of growth and income through broad asset class diversification.
Performance
IBNAX had a total return of 10.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.61%.
Top 10 Holdings
31.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard S&P 500 ETF | VOO | 5.26% |
| NVIDIA Corporation | NVDA | 3.99% |
| Microsoft Corporation | MSFT | 3.53% |
| iShares Core U.S. Aggregate Bond ETF | AGG | 3.22% |
| iShares U.S. Treasury Bond ETF | GOVT | 2.91% |
| Apple Inc. | AAPL | 2.85% |
| United States Treasury Notes 4% | T.4 11.15.35 | 2.59% |
| Alphabet Inc. | GOOGL | 2.47% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.42% |
| Amazon.com, Inc. | AMZN | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2026 | $0.0804 | Mar 20, 2026 |
| Dec 12, 2025 | $0.44681 | Dec 12, 2025 |
| Sep 22, 2025 | $0.067 | Sep 23, 2025 |
| Jun 20, 2025 | $0.09845 | Jun 23, 2025 |
| Mar 21, 2025 | $0.08304 | Mar 24, 2025 |
| Sep 20, 2024 | $0.07274 | Sep 23, 2024 |