Ivy Funds - Delaware Ivy Mid Cap Growth Fd USD Cls B
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$6.34 B
Holdings in Top 10
28.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WMGBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency N/A
Fund Details
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Legal NameIvy Funds - Delaware Ivy Mid Cap Growth Fd USD Cls B
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Fund Family NameDelaware Funds by Macquarie
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Inception DateN/A
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Shares OutstandingN/A
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Share ClassN/A
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CurrencyUSD
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Domiciled CountryUS
Fund Description
Delaware Ivy Mid Cap Growth Fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that Delaware Management Company (Manager), the Fund’s investment manager, believes are high quality and/or offer above-average growth potential. Under normal circumstances, the Fund invests at least 80% of its net assets in the securities of mid-capitalization companies, which, for purposes of this Fund, typically are companies with market capitalizations similar to those of issuers included in the Russell Midcap® Growth Index over the last 13 months at the time of acquisition. As of June 30, 2023 (the quarter-end closest to the index’s rebalance), this range of market capitalizations was between approximately $521.37 million and $50.57 billion.
In selecting securities for the Fund, the Manager primarily emphasizes a bottom-up (researching individual issuers) approach and focuses on companies it believes have the potential for strong growth, increasing profitability, stable and sustainable revenue and earnings streams, attractive valuations and sound capital structures. The Manager may look at a number of factors in its consideration of a company, such as: new or innovative products or services; adaptive or creative management; strong financial and operational capabilities to sustain multi-year growth; stable and consistent revenue, earnings, and cash flow; strong balance sheet; market potential; and profit potential. Part of the Manager’s investment process also includes a review of the macroeconomic environment, with a focus on factors such as interest rates, inflation, consumer confidence and corporate spending.
Generally, in determining whether to sell a security, the Manager considers many factors, including what it believes to be excessive valuation given company growth prospects, deterioration of fundamentals, weak cash flow to support shareholder returns, and unexpected and poorly explained management changes. 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 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.
WMGBX - Performance
Return Ranking - Trailing
Period | WMGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -49.0% | 26.9% | 15.93% |
1 Yr | N/A | -80.5% | 2166.7% | 1.54% |
3 Yr | N/A* | -41.2% | 180.5% | 0.74% |
5 Yr | N/A* | -29.6% | 82.6% | 0.39% |
10 Yr | N/A* | -18.1% | 15.5% | 0.26% |
* Annualized
Return Ranking - Calendar
Period | WMGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -85.6% | 21888.9% | 3.62% |
2022 | N/A | -52.0% | 800.0% | 1.44% |
2021 | 28.8% | -100.0% | 195.3% | 4.07% |
2020 | 28.4% | -100.0% | 9.5% | 99.05% |
2019 | -12.1% | -33.3% | 36.8% | 1.20% |
Total Return Ranking - Trailing
Period | WMGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -54.7% | 26.9% | 15.76% |
1 Yr | N/A | -80.5% | 2166.7% | 2.21% |
3 Yr | N/A* | -41.2% | 180.5% | 0.92% |
5 Yr | N/A* | -28.4% | 82.6% | 0.39% |
10 Yr | N/A* | -16.9% | 15.6% | 0.53% |
* Annualized
Total Return Ranking - Calendar
Period | WMGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -85.6% | 21888.9% | 3.62% |
2022 | N/A | -52.0% | 800.0% | 1.44% |
2021 | 47.1% | -100.0% | 195.3% | 4.07% |
2020 | 36.8% | -100.0% | 9.5% | 99.43% |
2019 | -0.9% | -33.3% | 36.8% | 1.60% |
NAV & Total Return History
WMGBX - Holdings
Concentration Analysis
WMGBX | Category Low | Category High | WMGBX % Rank | |
---|---|---|---|---|
Net Assets | 6.34 B | 710 K | 85.5 B | 11.28% |
Number of Holdings | 68 | 20 | 3702 | 57.79% |
Net Assets in Top 10 | 1.52 B | 259 K | 10.9 B | 10.72% |
Weighting of Top 10 | 28.85% | 5.5% | 92.1% | 50.08% |
Top 10 Holdings
- DexCom Inc 3.73%
- CoStar Group Inc 3.24%
- Chipotle Mexican Grill Inc 3.11%
- DocuSign Inc 2.92%
- Monolithic Power Systems Inc 2.91%
- Twilio Inc A 2.73%
- Square Inc A 2.66%
- MarketAxess Holdings Inc 2.60%
- Fastenal Co 2.46%
- Teradyne Inc 2.42%
Asset Allocation
Weighting | Return Low | Return High | WMGBX % Rank | |
---|---|---|---|---|
Stocks | 99.76% | 23.99% | 100.52% | 35.68% |
Cash | 0.78% | -0.52% | 26.94% | 62.65% |
Preferred Stocks | 0.00% | 0.00% | 2.30% | 57.12% |
Other | 0.00% | -2.66% | 23.05% | 58.46% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 52.76% |
Bonds | 0.00% | 0.00% | 44.75% | 54.27% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WMGBX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 12.94% | 63.65% |
Technology | 0.00% | 0.04% | 62.17% | 41.04% |
Real Estate | 0.00% | 0.00% | 19.28% | 37.02% |
Industrials | 0.00% | 0.00% | 38.23% | 72.19% |
Healthcare | 0.00% | 0.00% | 43.77% | 13.07% |
Financial Services | 0.00% | 0.00% | 43.01% | 44.22% |
Energy | 0.00% | 0.00% | 62.10% | 82.08% |
Communication Services | 0.00% | 0.00% | 18.33% | 20.77% |
Consumer Defense | 0.00% | 0.00% | 16.40% | 70.02% |
Consumer Cyclical | 0.00% | 0.00% | 57.41% | 63.82% |
Basic Materials | 0.00% | 0.00% | 17.25% | 50.59% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WMGBX % Rank | |
---|---|---|---|---|
US | 99.76% | 23.38% | 100.52% | 46.23% |
Non US | 0.00% | 0.00% | 35.22% | 40.20% |
WMGBX - Expenses
Operational Fees
WMGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.02% | 0.02% | 2.69% | 3.05% |
Management Fee | 0.01% | 0.00% | 1.50% | 70.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | 92.07% |
Administrative Fee | N/A | 0.00% | 0.40% | 4.04% |
Sales Fees
WMGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | 2.90% |
Trading Fees
WMGBX 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.
WMGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 417.06% | 38.12% |
WMGBX - Distributions
Dividend Yield Analysis
WMGBX | Category Low | Category High | WMGBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.54% | 56.28% |
Dividend Distribution Analysis
WMGBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Monthly | Annually |
Net Income Ratio Analysis
WMGBX | Category Low | Category High | WMGBX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.24% | 2.75% | 95.15% |
Capital Gain Distribution Analysis
WMGBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |