Delaware Emerging Markets C
- DEMCX
- Price as of: Jan 25, 2021
-
$25.53
N/A N/A
- Primary Theme
- Emerging Markets Equity
- Fund Company
- Delaware Funds by Macquarie
- Share Class
DEMCX - Snapshot
Vitals
- YTD Return 10.0%
- 3 Yr Annualized Return 8.0%
- 5 Yr Annualized Return 15.6%
- Net Assets $6.21 B
- Holdings in Top 10 55.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 2.38%
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
BROKERAGE FEES
- Turnover 10.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
Emerging Markets Equity
- Fund Type Open End Mutual Fund
- Investment Style Diversified Emerging Mkts
DEMCX - Profile
Distributions
- YTD Total Return 10.0%
- 3 Yr Annualized Total Return 8.0%
- 5 Yr Annualized Total Return 15.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.13%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDelaware Emerging Markets Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateJun 10, 1996
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLiu-Er Chen
Fund Description
The fund invests primarily in a broad range of equity securities of companies located in emerging market countries. Emerging market countries include those currently considered to be developing by the World Bank, the United Nations, or the countries' governments. These countries typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central America, South America, and Africa. Under normal circumstances, at least 80% of the fund's net assets, plus any borrowings for investment purposes, will be invested in emerging market issuers (80% policy).
DEMCX - Performance
Return Ranking - Trailing
| Period | DEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.0% | -1.2% | 15.4% | 23.14% |
| 1 Yr | 24.6% | -19.8% | 81.6% | 27.12% |
| 3 Yr | 8.0%* | -6.9% | 29.7% | 31.68% |
| 5 Yr | 15.6%* | 0.5% | 27.1% | 14.14% |
| 10 Yr | 5.1%* | -0.9% | 10.1% | 30.54% |
* Annualized
Return Ranking - Calendar
| Period | DEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 23.8% | -22.1% | 480.0% | 27.16% |
| 2019 | 23.2% | -26.9% | 42.0% | 20.82% |
| 2018 | -17.9% | -58.5% | 34.6% | 46.42% |
| 2017 | 39.1% | -33.4% | 66.6% | 28.44% |
| 2016 | 16.6% | -11.5% | 241.3% | 7.77% |
Total Return Ranking - Trailing
| Period | DEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.0% | -2.9% | 17.0% | 23.50% |
| 1 Yr | 23.6% | -19.8% | 81.6% | 28.17% |
| 3 Yr | 8.0%* | -6.9% | 29.7% | 30.01% |
| 5 Yr | 15.6%* | 0.5% | 27.1% | 12.74% |
| 10 Yr | 5.1%* | -0.9% | 10.1% | 29.46% |
* Annualized
Total Return Ranking - Calendar
| Period | DEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 23.8% | -22.1% | 480.0% | 27.16% |
| 2019 | 23.2% | -14.7% | 42.0% | 20.82% |
| 2018 | -17.9% | -41.9% | 36.2% | 52.58% |
| 2017 | 40.6% | -24.0% | 66.6% | 23.13% |
| 2016 | 16.7% | -10.0% | 249.6% | 8.64% |
NAV & Total Return History
DEMCX - Holdings
Concentration Analysis
| DEMCX | Category Low | Category High | DEMCX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.21 B | 843 K | 101 B | 9.42% |
| Number of Holdings | 123 | 1 | 5629 | 42.86% |
| Net Assets in Top 10 | 3.16 B | 463 K | 24.1 B | 6.48% |
| Weighting of Top 10 | 55.15% | 2.8% | 100.0% | 5.92% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
- Taiwan Semiconductor Manufacturing Co Ltd 9.12%
Asset Allocation
| Weighting | Return Low | Return High | DEMCX % Rank | |
|---|---|---|---|---|
| Stocks | 99.39% | 43.59% | 102.22% | 18.92% |
| Cash | 0.72% | -13.62% | 15.92% | 73.95% |
| Preferred Stocks | 0.00% | 0.00% | 1.77% | 25.21% |
| Convertible Bonds | 0.00% | 0.00% | 16.20% | 12.48% |
| Bonds | 0.00% | -13.02% | 55.55% | 23.59% |
| Other | -0.11% | -1.94% | 6.87% | 98.56% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DEMCX % Rank | |
|---|---|---|---|---|
| Technology | 27.28% | 0.00% | 49.20% | 13.77% |
| Communication Services | 22.38% | 0.00% | 42.46% | 3.62% |
| Consumer Defense | 15.94% | 0.00% | 28.59% | 6.64% |
| Consumer Cyclical | 12.27% | 0.00% | 46.59% | 80.07% |
| Energy | 11.53% | 0.00% | 21.89% | 2.29% |
| Financial Services | 5.57% | 0.00% | 44.61% | 97.71% |
| Basic Materials | 2.84% | 0.00% | 23.39% | 79.23% |
| Healthcare | 1.70% | 0.00% | 97.75% | 80.31% |
| Industrials | 0.22% | 0.00% | 43.93% | 95.65% |
| Real Estate | 0.18% | 0.00% | 20.93% | 78.38% |
| Utilities | 0.08% | 0.00% | 38.17% | 69.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DEMCX % Rank | |
|---|---|---|---|---|
| Non US | 98.25% | 0.00% | 101.44% | 34.69% |
| US | 1.14% | -1.02% | 100.11% | 37.45% |
DEMCX - Expenses
Operational Fees
| DEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.38% | 0.04% | 40.36% | 15.82% |
| Management Fee | 1.14% | 0.00% | 2.00% | 89.25% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 80.81% |
| Administrative Fee | N/A | 0.01% | 1.25% | N/A |
Sales Fees
| DEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.40% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 16.67% |
Trading Fees
| DEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.40% | 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.
| DEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 10.00% | 0.00% | 420.00% | 4.43% |
DEMCX - Distributions
Dividend Yield Analysis
| DEMCX | Category Low | Category High | DEMCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.32% | 18.83% |
Dividend Distribution Analysis
| DEMCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| DEMCX | Category Low | Category High | DEMCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.13% | -2.06% | 6.05% | 86.67% |
Capital Gain Distribution Analysis
| DEMCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 26, 2017 | $0.194 |
| Dec 23, 2016 | $0.011 |
| Dec 23, 2013 | $0.012 |
| Dec 24, 2012 | $0.017 |
| Dec 26, 2003 | $0.138 |
| Dec 26, 2002 | $0.118 |
| Dec 27, 2001 | $0.077 |
| Dec 28, 1999 | $0.070 |
| Dec 30, 1998 | $0.100 |
DEMCX - Fund Manager Analysis
Managers
Liu-Er Chen
Start Date
Tenure
Tenure Rank
Sep 25, 2006
14.28
14.3%
Liu-Er Chen, CFA, Senior Vice President, Chief Investment Officer — Emerging Markets and Healthcare, is a Portfolio Manager in Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust. Mr. Chen heads the firm's global Emerging Markets team. Prior to joining Macquarie Investment Management (MIM) in September 2006 in his current position, Mr. Chen spent nearly 11 years at Evergreen Investment Management Company, where he most recently served as Managing Director and Senior Portfolio Manager. Mr. Chen began his career at Evergreen in 1995 as an analyst.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 33.87 | 5.76 | 1.08 |