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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$47.70

$4.68 B

0.00%

1.58%

Vitals

YTD Return

16.3%

1 yr return

47.9%

3 Yr Avg Return

7.2%

5 Yr Avg Return

16.3%

Net Assets

$4.68 B

Holdings in Top 10

53.3%

52 WEEK LOW AND HIGH

$47.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.58%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 53.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$47.70

$4.68 B

0.00%

1.58%

WSTRX - Profile

Distributions

  • YTD Total Return 16.3%
  • 3 Yr Annualized Total Return 7.2%
  • 5 Yr Annualized Total Return 16.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Delaware Ivy Science and Technology Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Jan 17, 2006
  • Shares Outstanding
    N/A
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Bradley Warden

Fund Description

Delaware Ivy Science and Technology Fund invests primarily in the equity securities of science and technology companies around the globe. Under normal circumstances, the Fund invests at least 80% of its net assets in securities of science or technology companies. Such companies may include companies that, in the opinion of Delaware Management Company (Manager), the Fund’s investment manager, derive a competitive advantage by the application of scientific or technological developments or discoveries to grow their business or increase their competitive advantage. Science and technology companies are companies whose products, processes or services, in the opinion of the Manager, are being, or are expected to be, significantly benefited by the use or commercial application of scientific or technological developments or discoveries. The Fund also may invest in companies that utilize science and/or technology as an agent of change to significantly enhance their business opportunities (applied science and technology companies). The Fund may invest in securities issued by companies of any size, and may invest without limitation in foreign securities, including securities of issuers within emerging markets.

The Fund is nondiversified, meaning that it may invest a significant portion of its total assets in a limited number of issuers.

The Manager typically emphasizes growth potential in selecting stocks; that is, the Manager seeks companies in which earnings are likely to grow faster than the economy. The Manager aims to identify strong secular trends within industries and then applies a largely bottom-up (researching individual issuers) stock selection process by considering a number of factors in selecting securities for the Fund. These may include but are not limited to a company’s growth potential, earnings potential, quality of management, valuation, financial statements, industry position/market size potential and applicable economic and market conditions, as well as whether a company’s products and services have high barriers to entry. The Fund typically holds a limited number of stocks (generally 35 to 60).

Many of the companies in which the Fund may invest have diverse operations, with products or services in foreign markets. Therefore, the Fund may have indirect exposure to various foreign markets through investments in these companies, even if the Fund is not invested directly in such markets.

Generally, in determining whether to sell a security, the Manager uses the same type of analysis that it uses in buying securities in order to determine whether the security has ceased to offer significant growth potential, has become overvalued and/or whether the company prospects of the issuer have deteriorated due to a change in management, change in strategy and/or a change in its financial characteristics. The Manager also may sell a security to reduce the Fund’s holding in that security, to take advantage of what it believes are more attractive investment opportunities, when a security’s valuation reaches the Manager’s fair value targets, or to raise cash.

The Manager may permit its affiliate, Macquarie Investment Management Global Limited (MIMGL), to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.

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WSTRX - Performance

Return Ranking - Trailing

Period WSTRX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.3% -15.0% 28.6% 20.26%
1 Yr 47.9% -16.7% 81.1% 48.90%
3 Yr 7.2%* -30.8% 29.1% 56.05%
5 Yr 16.3%* -9.7% 35.6% 59.80%
10 Yr 12.7%* 0.3% 27.6% 83.33%

* Annualized

Return Ranking - Calendar

Period WSTRX Return Category Return Low Category Return High Rank in Category (%)
2023 23.0% -5.6% 96.9% 91.59%
2022 -49.9% -73.9% -16.4% 87.89%
2021 -22.0% -44.6% 51.5% 95.50%
2020 23.8% 5.5% 154.1% 92.31%
2019 33.6% -3.0% 63.7% 51.52%

Total Return Ranking - Trailing

Period WSTRX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.3% -15.0% 28.6% 20.26%
1 Yr 47.9% -16.7% 81.1% 48.90%
3 Yr 7.2%* -30.8% 29.1% 56.05%
5 Yr 16.3%* -9.7% 35.6% 59.80%
10 Yr 12.7%* 0.3% 27.6% 83.33%

* Annualized

Total Return Ranking - Calendar

Period WSTRX Return Category Return Low Category Return High Rank in Category (%)
2023 40.2% -2.3% 96.9% 71.24%
2022 -32.6% -67.5% -5.9% 28.70%
2021 15.0% -17.8% 59.2% 54.05%
2020 35.5% 17.5% 157.5% 88.94%
2019 49.7% 7.5% 66.9% 20.71%

NAV & Total Return History


WSTRX - Holdings

Concentration Analysis

WSTRX Category Low Category High WSTRX % Rank
Net Assets 4.68 B 4.18 M 58.1 B 18.86%
Number of Holdings 42 10 319 71.49%
Net Assets in Top 10 2.79 B 1.23 M 40.5 B 17.54%
Weighting of Top 10 53.32% 11.5% 100.0% 39.91%

Top 10 Holdings

  1. Microsoft Corp 9.05%
  2. Meta Platforms Inc 7.13%
  3. Pinterest Inc 5.80%
  4. NVIDIA Corp 5.78%
  5. Seagate Technology Holdings PLC 5.36%
  6. Amazon.com Inc 4.89%
  7. Broadcom Inc 4.68%
  8. Apple Inc 3.72%
  9. ASML Holding NV 3.49%
  10. Lam Research Corp 3.43%

Asset Allocation

Weighting Return Low Return High WSTRX % Rank
Stocks
99.77% 0.00% 103.06% 23.68%
Cash
0.33% -0.14% 26.97% 75.44%
Preferred Stocks
0.00% 0.00% 7.72% 88.16%
Other
0.00% -0.04% 26.87% 83.33%
Convertible Bonds
0.00% 0.00% 0.40% 84.65%
Bonds
0.00% 0.00% 90.88% 84.65%

Stock Sector Breakdown

Weighting Return Low Return High WSTRX % Rank
Technology
65.67% 2.80% 100.00% 67.54%
Communication Services
13.28% 0.00% 97.05% 22.81%
Consumer Cyclical
8.16% 0.00% 32.97% 35.96%
Financial Services
6.70% 0.00% 38.36% 28.51%
Healthcare
6.18% 0.00% 25.57% 14.47%
Utilities
0.00% 0.00% 5.17% 85.09%
Real Estate
0.00% 0.00% 15.05% 87.72%
Industrials
0.00% 0.00% 38.68% 95.18%
Energy
0.00% 0.00% 1.24% 83.77%
Consumer Defense
0.00% 0.00% 5.64% 86.40%
Basic Materials
0.00% 0.00% 2.38% 84.65%

Stock Geographic Breakdown

Weighting Return Low Return High WSTRX % Rank
US
99.77% 0.00% 103.06% 15.79%
Non US
0.00% 0.00% 58.19% 90.79%

WSTRX - Expenses

Operational Fees

WSTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.58% 0.08% 6.86% 23.79%
Management Fee 0.79% 0.03% 1.95% 65.35%
12b-1 Fee 0.50% 0.00% 1.00% 80.16%
Administrative Fee N/A 0.00% 0.50% 8.70%

Sales Fees

WSTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

WSTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WSTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.69% 281.00% 67.78%

WSTRX - Distributions

Dividend Yield Analysis

WSTRX Category Low Category High WSTRX % Rank
Dividend Yield 0.00% 0.00% 7.37% 89.91%

Dividend Distribution Analysis

WSTRX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

WSTRX Category Low Category High WSTRX % Rank
Net Income Ratio -1.18% -2.30% 2.08% 84.38%

Capital Gain Distribution Analysis

WSTRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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WSTRX - Fund Manager Analysis

Managers

Bradley Warden


Start Date

Tenure

Tenure Rank

Oct 01, 2016

5.67

5.7%

Mr. Warden has held his Fund responsibilities since October 2016. He is Vice President of WRIMCO and IICO and Vice President of the Trust. Mr. Warden joined Waddell & Reed in 2003 as an investment analyst and became an assistant portfolio manager in 2014. He earned a BS degree in Business Administration from Trinity University and an MBA in Finance from the University of Texas – Austin.

Gustaf Zinn


Start Date

Tenure

Tenure Rank

Nov 15, 2021

0.54

0.5%

Gus Zinn is a Senior Vice President of Waddell & Reed Investment Management Company and Ivy Investment Management Company. Mr. Zinn joined Waddell & Reed in June 1998 as an investment analyst. He was named assistant vice president in January 2002. He assumed assistant portfolio manager responsibilities in July 2003 of the Waddell & Reed Advisors Science & Technology Fund, Ivy Funds VIP Science & Technology, and Ivy Science & Technology Fund. He was appointed vice president in January 2004. He was named co-portfolio manager of the Ivy Core, and appointed to be Senior Vice President in 2009.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.43 8.4 1.41