Delaware Ivy Value B
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
25.9%
3 Yr Avg Return
11.3%
5 Yr Avg Return
9.6%
Net Assets
$1.43 B
Holdings in Top 10
31.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.31%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
IYVBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 10.5%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.37%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDelaware Ivy Value Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateDec 08, 2003
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
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) 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 $10 billion at the time of acquisition), it may invest in securities issued by companies of any size.
To identify securities for the Fund, the Manager primarily utilizes fundamental, bottom-up (researching individual issuers) research while considering top-down (assessing the market environment) and quantitative analyses. The Manager primarily determines the estimated intrinsic value of companies based on cash flow generation, but the Manager may consider other valuation factors, such as price to earnings and price to book value. The Manager also considers other operational factors of a company, including, among others, growth potential, changes in share count, and changes in working capital. The Fund emphasizes companies that the Manager believes have clearly identifiable catalysts that will help the companies achieve their estimated intrinsic values. The Fund typically holds a limited number of stocks (generally 30 to 45).
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.
The Manager typically will sell a stock when, in the Manager’s opinion, it reaches an acceptable price, its fundamental characteristics have changed or it has performed below the Manager’s expectations. 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 or to raise cash.
The Manager may permit its affiliates, Macquarie Investment Management Global Limited (MIMGL) and Macquarie Funds Management Hong Kong Limited, to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.
IYVBX - Performance
Return Ranking - Trailing
Period | IYVBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -65.4% | 27.4% | 8.49% |
1 Yr | 25.9% | -64.2% | 51.5% | 1.29% |
3 Yr | 11.3%* | -26.2% | 57.5% | 3.43% |
5 Yr | 9.6%* | -18.2% | 29.2% | 2.64% |
10 Yr | 10.7%* | -16.1% | 14.9% | 6.46% |
* Annualized
Return Ranking - Calendar
Period | IYVBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.6% | -44.2% | 57.5% | 9.83% |
2022 | -2.2% | -13.5% | 96.2% | 81.27% |
2021 | 13.9% | -16.3% | 28.3% | 1.68% |
2020 | -13.8% | -24.3% | 4.0% | 97.91% |
2019 | 7.8% | -3.5% | 21.9% | 2.15% |
Total Return Ranking - Trailing
Period | IYVBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -65.4% | 27.4% | 7.71% |
1 Yr | 20.9% | -64.2% | 61.5% | 4.07% |
3 Yr | 10.5%* | -26.2% | 57.5% | 4.90% |
5 Yr | 9.3%* | -17.2% | 32.3% | 6.25% |
10 Yr | 10.7%* | -3.5% | 21.7% | 7.84% |
* Annualized
Total Return Ranking - Calendar
Period | IYVBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.6% | -44.2% | 57.5% | 9.83% |
2022 | -2.2% | -13.5% | 96.2% | 81.27% |
2021 | 13.9% | -16.3% | 28.3% | 1.68% |
2020 | -8.3% | -24.3% | 4.1% | 96.46% |
2019 | 11.1% | -2.0% | 21.9% | 2.64% |
NAV & Total Return History
IYVBX - Holdings
Concentration Analysis
IYVBX | Category Low | Category High | IYVBX % Rank | |
---|---|---|---|---|
Net Assets | 1.43 B | 390 K | 151 B | 38.00% |
Number of Holdings | 42 | 2 | 1727 | 83.19% |
Net Assets in Top 10 | 457 M | 2.1 K | 32.3 B | 35.29% |
Weighting of Top 10 | 31.41% | 5.0% | 99.2% | 34.92% |
Top 10 Holdings
- Walmart Inc 3.40%
- CVS Health Corp 3.34%
- Morgan Stanley 3.33%
- Fidelity National Information Services Inc 3.29%
- Comcast Corp Class A 3.26%
- Welltower Inc 3.19%
- Raytheon Technologies Corp 3.17%
- Broadcom Inc 3.15%
- Capital One Financial Corp 3.09%
- Lam Research Corp 3.08%
Asset Allocation
Weighting | Return Low | Return High | IYVBX % Rank | |
---|---|---|---|---|
Stocks | 97.24% | 28.02% | 125.26% | 71.86% |
Cash | 2.76% | -88.20% | 71.98% | 24.94% |
Preferred Stocks | 0.00% | 0.00% | 19.30% | 56.12% |
Other | 0.00% | -3.07% | 26.80% | 52.32% |
Convertible Bonds | 0.00% | 0.00% | 4.88% | 53.69% |
Bonds | 0.00% | 0.00% | 80.18% | 54.68% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IYVBX % Rank | |
---|---|---|---|---|
Financial Services | 20.05% | 0.00% | 58.05% | 40.08% |
Healthcare | 16.42% | 0.00% | 35.91% | 58.47% |
Industrials | 10.73% | 0.00% | 42.76% | 59.47% |
Technology | 9.82% | 0.00% | 54.02% | 57.63% |
Consumer Defense | 9.45% | 0.00% | 34.10% | 36.95% |
Communication Services | 8.75% | 0.00% | 26.58% | 11.68% |
Consumer Cyclical | 6.91% | 0.00% | 22.74% | 37.18% |
Energy | 5.85% | 0.00% | 54.00% | 70.99% |
Real Estate | 5.67% | 0.00% | 90.54% | 13.97% |
Utilities | 4.82% | 0.00% | 27.04% | 46.56% |
Basic Materials | 1.52% | 0.00% | 21.69% | 85.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IYVBX % Rank | |
---|---|---|---|---|
US | 85.43% | 24.51% | 121.23% | 82.13% |
Non US | 11.81% | 0.00% | 45.02% | 14.22% |
IYVBX - Expenses
Operational Fees
IYVBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.31% | 0.01% | 4.02% | 1.22% |
Management Fee | 0.69% | 0.00% | 1.50% | 73.79% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 91.92% |
Administrative Fee | N/A | 0.01% | 0.50% | 2.72% |
Sales Fees
IYVBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | 5.00% | 0.95% | 5.50% | 2.54% |
Trading Fees
IYVBX 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.
IYVBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 60.00% | 0.00% | 488.00% | 72.36% |
IYVBX - Distributions
Dividend Yield Analysis
IYVBX | Category Low | Category High | IYVBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 44.47% | 52.53% |
Dividend Distribution Analysis
IYVBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Monthly |
Net Income Ratio Analysis
IYVBX | Category Low | Category High | IYVBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.37% | -1.51% | 4.28% | 90.56% |
Capital Gain Distribution Analysis
IYVBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 16, 2021 | $0.104 | OrdinaryDividend |
Jun 10, 2021 | $0.104 | OrdinaryDividend |
Jun 11, 2020 | $0.032 | OrdinaryDividend |
Jun 16, 2016 | $0.091 | OrdinaryDividend |
Dec 15, 2005 | $0.005 | OrdinaryDividend |
Dec 18, 2003 | $0.035 | OrdinaryDividend |