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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

$10.18

$50.4 M

2.41%

$0.24

1.48%

Vitals

YTD Return

6.2%

1 yr return

14.5%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

5.9%

Net Assets

$50.4 M

Holdings in Top 10

100.7%

52 WEEK LOW AND HIGH

$10.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.48%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

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

$10.18

$50.4 M

2.41%

$0.24

1.48%

IVTYX - Profile

Distributions

  • YTD Total Return 6.2%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 5.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.16%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Delaware Ivy Managed International Opportunities Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Apr 04, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Aaron Young

Fund Description

Delaware Ivy Managed International Opportunities Fund is a “fund-of-funds” that seeks to achieve its objective by providing investors a diversified portfolio of international stocks by investing primarily in Class R6 shares of certain Delaware Funds global/international mutual funds, as identified below. Each underlying Delaware Fund, in turn, invests in a diversified portfolio of foreign equity securities of issuers in developed as well as emerging markets, and, to a lesser extent, in US equity securities.

The Board, based upon the recommendation of Delaware Management Company (Manager), the Fund's investment manager, has authorized the following target allocation ranges for investment of the Fund’s assets in specific underlying funds, although the Manager expects the allocation will change over time.

Underlying Fund

Maximum Allocation

Minimum Allocation

Delaware Ivy Systematic Emerging Markets Equity Fund

60%

0%

Delaware Global Value Equity Fund

60%

0%

Delaware Ivy Global Growth Fund

60%

0%

Delaware Ivy International Small Cap Fund

60%

0%

Delaware Ivy International Core Equity Fund

60%

0%

Delaware Ivy International Value Fund

60%

0%

For the purposes of this section, a reference to the Manager may also include Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), with respect to its role as sub-advisor of the Fund.

The Manager monitors the Fund’s holdings and cash flow and, in general, manages them as needed in order to maintain the Fund’s target allocations. The Manager does not intend to trade actively among the underlying funds nor does it intend to attempt to capture short-term market opportunities. However, in seeking to enhance performance, the Manager may change allocations within the stated ranges. The Manager may modify the above-specified target asset allocations for the Fund and also may modify, from time to time, the underlying funds selected for the Fund. In addition, the percentage specified at the high end of the investment range for an underlying fund is a target, and from time to time, the Manager or market movements (or a combination of both) may cause the Fund’s investment in an underlying fund to temporarily exceed its target percentage.

By owning shares of the underlying funds, the Fund indirectly holds primarily equity securities of international, including emerging market and, to a lesser extent, US companies of any size.

In addition, 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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IVTYX - Performance

Return Ranking - Trailing

Period IVTYX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.2% -1.4% 32.0% 28.45%
1 Yr 14.5% 0.7% 28.0% 69.37%
3 Yr -0.4%* -13.5% 48.7% 90.84%
5 Yr 5.9%* -33.8% 76.8% 75.99%
10 Yr 4.3%* -0.1% 16.8% 55.75%

* Annualized

Return Ranking - Calendar

Period IVTYX Return Category Return Low Category Return High Rank in Category (%)
2023 10.1% -7.3% 22.0% 84.51%
2022 -30.7% -43.6% 71.3% 98.20%
2021 5.7% -28.5% 18.9% 40.74%
2020 13.6% -90.1% 992.1% 22.64%
2019 13.3% -2.2% 38.8% 92.18%

Total Return Ranking - Trailing

Period IVTYX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.2% -1.4% 32.0% 28.45%
1 Yr 14.5% 0.7% 28.0% 69.37%
3 Yr -0.4%* -13.5% 48.7% 90.84%
5 Yr 5.9%* -33.8% 76.8% 75.99%
10 Yr 4.3%* -0.1% 16.8% 55.75%

* Annualized

Total Return Ranking - Calendar

Period IVTYX Return Category Return Low Category Return High Rank in Category (%)
2023 13.0% 3.2% 41.4% 83.78%
2022 -19.3% -43.6% 144.8% 86.66%
2021 8.5% -22.6% 56.0% 67.99%
2020 14.5% -89.7% 1010.8% 24.53%
2019 20.9% 4.3% 38.8% 71.55%

NAV & Total Return History


IVTYX - Holdings

Concentration Analysis

IVTYX Category Low Category High IVTYX % Rank
Net Assets 50.4 M 1.97 M 366 B 87.95%
Number of Holdings 7 1 10801 97.23%
Net Assets in Top 10 64.3 M 0 36.8 B 69.83%
Weighting of Top 10 100.69% 2.5% 111.6% 0.59%

Top 10 Holdings

  1. Delaware Ivy International Core Equity Fund 60.86%
  2. Delaware Ivy Systematic Emerging Markets Equity Fund 20.02%
  3. Delaware International Equity Fund II 19.31%
  4. Goldman Sachs Financial Square Government Fund 0.13%
  5. MSILF Government Portfolio 0.13%
  6. BlackRock Liquidity FedFund 0.13%
  7. Fidelity Government Portfolio 0.13%

Asset Allocation

Weighting Return Low Return High IVTYX % Rank
Stocks
100.19% 0.00% 122.60% 1.90%
Cash
0.50% -22.43% 100.00% 84.40%
Preferred Stocks
0.00% -0.01% 7.60% 66.18%
Other
0.00% -2.97% 43.01% 58.60%
Convertible Bonds
0.00% 0.00% 4.18% 38.01%
Bonds
0.00% -0.68% 71.30% 44.31%

Stock Sector Breakdown

Weighting Return Low Return High IVTYX % Rank
Consumer Cyclical
16.34% 0.00% 36.36% 7.16%
Consumer Defense
14.51% 0.00% 32.29% 7.76%
Industrials
12.75% 5.17% 99.49% 69.55%
Technology
12.67% 0.00% 36.32% 38.36%
Financial Services
12.32% 0.00% 47.75% 91.49%
Healthcare
11.09% 0.00% 21.01% 60.45%
Communication Services
7.50% 0.00% 21.69% 26.57%
Energy
7.05% 0.00% 16.89% 12.69%
Basic Materials
3.49% 0.00% 23.86% 90.45%
Real Estate
1.30% 0.00% 14.59% 63.43%
Utilities
0.98% 0.00% 13.68% 76.27%

Stock Geographic Breakdown

Weighting Return Low Return High IVTYX % Rank
US
100.19% 0.00% 103.55% 0.58%
Non US
0.00% 0.00% 121.07% 94.90%

IVTYX - Expenses

Operational Fees

IVTYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.48% 0.01% 18.22% 22.63%
Management Fee 0.05% 0.00% 1.65% 6.13%
12b-1 Fee 0.25% 0.00% 1.00% 36.10%
Administrative Fee N/A 0.01% 1.00% 4.29%

Sales Fees

IVTYX 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% 5.00% N/A

Trading Fees

IVTYX 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.

IVTYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 2.00% 247.00% 50.82%

IVTYX - Distributions

Dividend Yield Analysis

IVTYX Category Low Category High IVTYX % Rank
Dividend Yield 2.41% 0.00% 24.61% 41.51%

Dividend Distribution Analysis

IVTYX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

IVTYX Category Low Category High IVTYX % Rank
Net Income Ratio 2.16% -0.93% 6.38% 29.70%

Capital Gain Distribution Analysis

IVTYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

IVTYX - Fund Manager Analysis

Managers

Aaron Young


Start Date

Tenure

Tenure Rank

Oct 01, 2016

5.67

5.7%

Mr. Young is Vice President of IICO and WRIMCO and Vice President of the Trust. He joined IICO in 2005 as a fixed-income analyst with an emphasis in credit research and derivative securities. Mr. Young joined the Asset Strategy team as an investment analyst in 2007. He has served as an assistant portfolio manager of investment companies managed by IICO and WRIMCO since 2012. Mr. Young earned a BA in Philosophy from the University of Missouri and holds an MBA with an emphasis in Finance and Strategy from the Olin School of Business at Washington University

Jurgen Wurzer


Start Date

Tenure

Tenure Rank

Nov 15, 2021

0.54

0.5%

Jürgen Wurzer rejoined Macquarie Investment Management Austria Kapitalanlage AG (MIMAK) in April 2018 as deputy head of portfolio management for the firm’s global multi asset team based in Vienna. Prior to that, he worked at Erste Asset Management as a senior fund manager on the multi asset management team, where he worked from September 2016 to March 2018. Wurzer previously worked at MIMAK from January 2007 to August 2016, leaving the firm as senior investment manager on the global multi asset team. He graduated from University of Applied Sciences Wiener Neustadt with a master’s degree. Wurzer is a lecturer for asset allocation, quantitative finance, portfolio, and risk management at several educational institutions.

Stefan Löwenthal


Start Date

Tenure

Tenure Rank

Nov 15, 2021

0.54

0.5%

Stefan Löwenthal is the chief investment officer for Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), a role he assumed in February 2013. He heads the global multi asset team based in Vienna, which is responsible for all asset allocation and security selection decisions, the management of mutual funds, as well as the development of new investment strategies. In addition, Löwenthal oversees the investment policy committee, which is responsible for strategic investment decisions at MIMAK. He began his career with Macquarie in February 2008 as a portfolio manager. He holds a Master of Management Science from Vienna University of Economics and Business. Löwenthal is a lecturer for economics at the IMC University of applied sciences in Krems (Austria) and the Qiongzhou University in Sanya (China).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.22 3.25