Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.7%
1 yr return
9.1%
3 Yr Avg Return
5.9%
5 Yr Avg Return
9.0%
Net Assets
$487 M
Holdings in Top 10
31.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.14%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 64.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
IYVAX - Profile
Distributions
- YTD Total Return 3.7%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return 9.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.07%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDelaware Ivy Value Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateDec 08, 2003
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Norris
Fund Description
Delaware Ivy Value Fund seeks to achieve its objective by investing in the common stocks of primarily large-capitalization companies that Delaware Management Company (Manager), the Fund's investment manager, believes are undervalued, trading at a significant discount relative to the intrinsic value of the company as estimated by the Manager and/or are out of favor in the financial markets but have a favorable outlook for capital appreciation. Although the Fund primarily invests in securities issued by large-capitalization companies (typically, companies with market capitalizations of at least $5 billion at the time of acquisition), it may invest in securities issued by companies of any size.
Typically, the Manager seeks to select securities that it believes are undervalued in relation to their intrinsic value, as indicated by multiple factors, including the earnings and cash flow potential or the asset value of the respective issuers. The Manager also considers a company’s plans for future operations on a selective basis. The Manager may sell a security if it no longer believes the security will contribute to meeting the investment objective of the Fund. The Fund typically holds a limited number of stocks (generally 30 to 35).
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.
IYVAX - Performance
Return Ranking - Trailing
Period | IYVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -24.4% | 10.9% | 66.46% |
1 Yr | 9.1% | -18.7% | 29.9% | 84.67% |
3 Yr | 5.9%* | -4.6% | 29.3% | 65.07% |
5 Yr | 9.0%* | -1.8% | 42.6% | 57.03% |
10 Yr | 7.8%* | 1.0% | 24.3% | 70.18% |
* Annualized
Return Ranking - Calendar
Period | IYVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -22.7% | -24.9% | 46.1% | 99.83% |
2022 | -22.5% | -65.1% | 4.6% | 92.64% |
2021 | 18.1% | -44.2% | 57.5% | 41.84% |
2020 | -1.8% | -23.2% | 285.0% | 61.47% |
2019 | 15.1% | -21.4% | 48.5% | 77.98% |
Total Return Ranking - Trailing
Period | IYVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -24.4% | 10.9% | 66.46% |
1 Yr | 9.1% | -18.7% | 29.9% | 84.67% |
3 Yr | 5.9%* | -4.6% | 29.3% | 65.07% |
5 Yr | 9.0%* | -1.8% | 42.6% | 57.03% |
10 Yr | 7.8%* | 1.0% | 24.3% | 70.18% |
* Annualized
Total Return Ranking - Calendar
Period | IYVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.2% | -15.9% | 46.7% | 87.79% |
2022 | -4.8% | -42.0% | 8.5% | 42.91% |
2021 | 31.2% | 3.6% | 129.7% | 8.48% |
2020 | 1.5% | -22.6% | 304.8% | 62.97% |
2019 | 26.1% | -12.7% | 52.1% | 42.21% |
NAV & Total Return History
IYVAX - Holdings
Concentration Analysis
IYVAX | Category Low | Category High | IYVAX % Rank | |
---|---|---|---|---|
Net Assets | 487 M | 1.09 M | 163 B | 61.68% |
Number of Holdings | 38 | 2 | 1689 | 88.72% |
Net Assets in Top 10 | 163 M | 420 K | 33.9 B | 55.99% |
Weighting of Top 10 | 31.45% | 4.8% | 99.9% | 33.99% |
Top 10 Holdings
- Duke Energy Corp 3.17%
- Johnson Johnson 3.17%
- Honeywell International Inc 3.16%
- Teledyne Technologies Inc 3.15%
- DuPont de Nemours Inc 3.14%
- RTX Corp 3.14%
- TJX Cos Inc/The 3.13%
- Merck Co Inc 3.13%
- American International Group Inc 3.13%
- CVS Health Corp 3.12%
Asset Allocation
Weighting | Return Low | Return High | IYVAX % Rank | |
---|---|---|---|---|
Stocks | 99.06% | 1.86% | 108.42% | 34.11% |
Cash | 0.94% | -0.79% | 38.18% | 60.90% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 19.98% |
Other | 0.00% | -3.53% | 39.72% | 38.24% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 15.72% |
Bonds | 0.00% | -0.71% | 73.23% | 18.52% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IYVAX % Rank | |
---|---|---|---|---|
Financial Services | 19.02% | 0.00% | 58.05% | 54.47% |
Healthcare | 18.02% | 0.00% | 30.08% | 44.58% |
Industrials | 10.71% | 0.00% | 42.76% | 58.89% |
Technology | 9.35% | 0.00% | 54.02% | 61.84% |
Consumer Defense | 8.89% | 0.00% | 34.10% | 42.76% |
Real Estate | 7.35% | 0.00% | 90.54% | 5.81% |
Energy | 7.34% | 0.00% | 54.00% | 59.06% |
Communication Services | 6.79% | 0.00% | 26.58% | 32.44% |
Utilities | 4.87% | 0.00% | 27.04% | 44.93% |
Basic Materials | 4.18% | 0.00% | 21.69% | 29.49% |
Consumer Cyclical | 3.48% | 0.00% | 22.74% | 86.12% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IYVAX % Rank | |
---|---|---|---|---|
US | 99.06% | 1.86% | 108.42% | 27.99% |
Non US | 0.00% | 0.00% | 27.89% | 41.17% |
IYVAX - Expenses
Operational Fees
IYVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.14% | 0.03% | 14.82% | 34.05% |
Management Fee | 0.69% | 0.00% | 1.50% | 71.15% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 26.12% |
Administrative Fee | N/A | 0.00% | 0.50% | 1.95% |
Sales Fees
IYVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 1.00% | 5.75% | 6.17% |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
IYVAX 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.
IYVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 488.00% | 74.77% |
IYVAX - Distributions
Dividend Yield Analysis
IYVAX | Category Low | Category High | IYVAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 38.45% | 67.15% |
Dividend Distribution Analysis
IYVAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
IYVAX | Category Low | Category High | IYVAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.07% | -1.51% | 4.28% | 65.29% |
Capital Gain Distribution Analysis
IYVAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 25, 2024 | $0.126 | OrdinaryDividend |
Sep 22, 2023 | $0.085 | OrdinaryDividend |
Jun 22, 2023 | $0.088 | OrdinaryDividend |
Mar 22, 2023 | $0.071 | OrdinaryDividend |
Dec 15, 2022 | $4.609 | OrdinaryDividend |
Sep 15, 2022 | $0.118 | OrdinaryDividend |
Jun 07, 2022 | $0.048 | OrdinaryDividend |
Mar 10, 2022 | $0.042 | OrdinaryDividend |
Sep 16, 2021 | $0.100 | OrdinaryDividend |
Jun 10, 2021 | $0.174 | OrdinaryDividend |
Mar 11, 2021 | $0.010 | OrdinaryDividend |
Sep 10, 2020 | $0.055 | OrdinaryDividend |
Jun 11, 2020 | $0.102 | OrdinaryDividend |
Sep 12, 2019 | $0.050 | OrdinaryDividend |
Jun 13, 2019 | $0.033 | OrdinaryDividend |
Sep 13, 2018 | $0.040 | OrdinaryDividend |
Jun 14, 2018 | $0.033 | OrdinaryDividend |
Sep 14, 2017 | $0.030 | OrdinaryDividend |
Jun 15, 2017 | $0.009 | OrdinaryDividend |
Sep 15, 2016 | $0.050 | OrdinaryDividend |
Jun 16, 2016 | $0.164 | OrdinaryDividend |
Sep 13, 2012 | $0.020 | OrdinaryDividend |
Jun 14, 2012 | $0.063 | OrdinaryDividend |
Mar 15, 2012 | $0.020 | OrdinaryDividend |
Dec 08, 2011 | $0.080 | OrdinaryDividend |
Sep 15, 2011 | $0.020 | OrdinaryDividend |
Dec 10, 2009 | $0.016 | OrdinaryDividend |
Sep 10, 2009 | $0.010 | OrdinaryDividend |
Jun 11, 2009 | $0.020 | OrdinaryDividend |
Mar 12, 2009 | $0.010 | OrdinaryDividend |
Dec 11, 2008 | $0.064 | OrdinaryDividend |
Sep 11, 2008 | $0.020 | OrdinaryDividend |
Jun 12, 2008 | $0.020 | OrdinaryDividend |
Mar 13, 2008 | $0.020 | OrdinaryDividend |
Dec 13, 2007 | $0.037 | OrdinaryDividend |
Sep 13, 2007 | $0.030 | OrdinaryDividend |
Jun 14, 2007 | $0.030 | OrdinaryDividend |
Mar 15, 2007 | $0.030 | OrdinaryDividend |
Dec 14, 2006 | $0.045 | OrdinaryDividend |
Sep 14, 2006 | $0.030 | OrdinaryDividend |
Jun 15, 2006 | $0.025 | OrdinaryDividend |
Mar 16, 2006 | $0.010 | OrdinaryDividend |
Dec 15, 2005 | $0.045 | OrdinaryDividend |
Sep 15, 2005 | $0.028 | OrdinaryDividend |
Jun 16, 2005 | $0.026 | OrdinaryDividend |
Mar 10, 2005 | $0.040 | OrdinaryDividend |
Dec 16, 2004 | $0.057 | OrdinaryDividend |
Sep 16, 2004 | $0.020 | OrdinaryDividend |
Jun 17, 2004 | $0.010 | OrdinaryDividend |
Mar 11, 2004 | $0.010 | OrdinaryDividend |
Dec 18, 2003 | $0.035 | OrdinaryDividend |
IYVAX - Fund Manager Analysis
Managers
Matthew Norris
Start Date
Tenure
Tenure Rank
Jul 31, 2003
18.85
18.9%
Matthew Norris is a Senior Vice President of Waddell & Reed Investment Management Company and Ivy Investment Management Company. Mr. Norris received a BS in cellular biology in 1986 from the University of Kansas. He earned an MBA from the University of Nebraska in 1992. Before joining Waddell & Reed, Mr. Norris was affiliated with Advantus Capital Management, Inc. in St. Paul, MN from 1997 to 2003. He joined Advantus as a growth analyst and was appointed a large cap value portfolio manager in 2000. Prior to joining Advantus, he was an equity analyst and portfolio manager for Norwest Investment Management, Inc. from 1994 to 1997. Mr. Norris joined Waddell & Reed as a senior vice president and portfolio manager in July 2003. He served as director of equity research from June 2005 to April 2010. He held portfolio manager responsibility for Ivy Funds VIP Small Cap Value and Ivy Small Cap Value Fund from April 2010 through August 2011. He is portfolio manager of large cap value institutional accounts, Waddell & Reed Advisors Value Fund, Ivy Funds VIP Value (formerly W&R Target Funds Value Portfolio), and Ivy Value Fund. He has managed the value funds since July 2003. Mr. Norris is a CFA charterholder. He is a member of the Kansas City Society of Financial Analysts. He also serves as a member of the Finance Advisory Board for the University of Kansas School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.02 | 16.42 |