DLTRX: Delaware Limited-Term Diversified Income Fund - MutualFunds.com

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Delaware Limited-Term Diversified Inc R

DLTRX - Snapshot

Vitals

  • YTD Return 1.4%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $445 M
  • Holdings in Top 10 29.2%

52 WEEK LOW AND HIGH

$8.40
$7.95
$8.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.21%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 123.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare DLTRX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.98

-0.09%

$66.84 B

2.76%

$0.30

2.33%

0.20%

$10.86

-0.09%

$58.80 B

2.10%

$0.23

2.74%

0.15%

$82.86

-0.08%

$58.80 B

2.22%

$1.84

2.75%

0.05%

$4.17

0.00%

$54.74 B

3.63%

$0.15

-0.95%

0.60%

$82.83

-0.06%

$39.12 B

2.80%

$2.33

2.16%

0.05%

DLTRX - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Delaware Limited-Term Diversified Income Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Jun 02, 2003
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian McDonnell

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade fixed income securities, including, but not limited to, fixed income securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, and by U.S. corporations. The fund may invest up to 20% of its net assets in below-investment-grade securities.


DLTRX - Performance

Return Ranking - Trailing

Period DLTRX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -8.7% 204.5% 53.53%
1 Yr 3.1% -6.9% 7.9% 62.22%
3 Yr 1.9%* -1.7% 4.7% 89.89%
5 Yr 1.8%* -1.6% 5.6% 82.12%
10 Yr 1.3%* 0.1% 4.3% 85.33%

* Annualized

Return Ranking - Calendar

Period DLTRX Return Category Return Low Category Return High Rank in Category (%)
2019 1.7% -2.4% 5.0% 61.85%
2018 -3.8% -50.6% 1.0% 98.84%
2017 -0.2% -1.6% 2.8% 65.54%
2016 0.6% -65.8% 7.1% 30.36%
2015 -1.1% -75.0% 3.0% 52.14%

Total Return Ranking - Trailing

Period DLTRX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -8.7% 204.5% 53.53%
1 Yr 3.1% -7.8% 7.9% 53.50%
3 Yr 1.9%* -1.7% 4.7% 83.64%
5 Yr 1.8%* -1.6% 5.6% 77.50%
10 Yr 1.3%* 0.1% 4.3% 83.37%

* Annualized

Total Return Ranking - Calendar

Period DLTRX Return Category Return Low Category Return High Rank in Category (%)
2019 1.7% -2.3% 7.2% 63.64%
2018 -3.8% -4.2% 6.5% 99.42%
2017 -0.2% -1.6% 5.9% 69.13%
2016 0.6% -65.2% 10.7% 41.52%
2015 -1.1% -7.0% 3.5% 60.48%

NAV & Total Return History


DLTRX - Holdings

Concentration Analysis

DLTRX Category Low Category High DLTRX % Rank
Net Assets 445 M 4.99 M 66.8 B 61.95%
Number of Holdings 355 3 4785 56.59%
Net Assets in Top 10 122 M -168 M 7.35 B 59.63%
Weighting of Top 10 29.21% 3.2% 100.0% 34.98%

Top 10 Holdings

  1. United States Treasury Notes 0.62% 6.50%
  2. United States Treasury Notes 0.38% 6.12%
  3. United States Treasury Notes 0.25% 6.07%
  4. United States Treasury Notes 0.16% 5.00%
  5. United States Treasury Notes 0.62% 4.47%
  6. United States Treasury Notes 0.26% 3.20%
  7. BlackRock Liquidity FedFund Instl 2.25%
  8. Fidelity® Inv MM Fds Government I 2.25%
  9. Goldman Sachs FS Government Instl 2.25%
  10. Morgan Stanley Instl Lqudty Govt Instl 2.25%

Asset Allocation

Weighting Return Low Return High DLTRX % Rank
Bonds
89.65% 0.00% 174.62% 80.74%
Cash
11.81% -77.67% 100.00% 10.98%
Convertible Bonds
2.77% 0.00% 32.87% 27.36%
Stocks
0.00% 0.00% 7.11% 50.84%
Preferred Stocks
0.00% 0.00% 52.77% 54.39%
Other
-4.23% -4.23% 20.06% 99.66%

Bond Sector Breakdown

Weighting Return Low Return High DLTRX % Rank
Corporate
40.80% 0.00% 100.00% 47.80%
Securitized
29.70% 0.00% 90.75% 51.01%
Government
18.22% 0.00% 77.61% 50.84%
Cash & Equivalents
11.28% 0.00% 100.00% 20.10%
Derivative
0.00% 0.00% 37.09% 55.41%
Municipal
0.00% 0.00% 15.94% 76.69%

Bond Geographic Breakdown

Weighting Return Low Return High DLTRX % Rank
US
77.76% 0.00% 143.57% 65.20%
Non US
11.89% -20.17% 78.67% 52.03%

DLTRX - Expenses

Operational Fees

DLTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.21% 0.01% 34.57% 23.96%
Management Fee 0.50% 0.00% 1.19% 87.27%
12b-1 Fee 0.50% 0.00% 1.00% 66.88%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

DLTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

DLTRX 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.

DLTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 123.00% 0.00% 496.37% 72.05%

DLTRX - Distributions

Dividend Yield Analysis

DLTRX Category Low Category High DLTRX % Rank
Dividend Yield 0.00% 0.00% 3.95% 48.91%

Dividend Distribution Analysis

DLTRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

DLTRX Category Low Category High DLTRX % Rank
Net Income Ratio 2.23% -9.96% 4.42% 56.56%

Capital Gain Distribution Analysis

DLTRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

DLTRX - Fund Manager Analysis

Managers

Brian McDonnell


Start Date

Tenure

Tenure Rank

Apr 29, 2012

8.43

8.4%

Senior Vice President, Senior Portfolio Manager, Senior Structured Products Analyst Brian C. McDonnell is a member of the firm's taxable fixed income portfolio management team with primary responsibility for portfolio construction and strategic asset allocation. He also serves as lead analyst for residential mortgage-backed securities. He joined Macquarie Investment Management (MIM), which includes the former Delaware Investments, in March 2007 as a vice president and senior structured products analyst/trader, assuming portfolio management responsibilities in 2009. Prior to joining Delaware Investments, he was a managing director and head of fixed income trading at Sovereign Securities, where he was responsible for risk management and hedging of the firm’s holdings. Earlier in his career, he spent more than 10 years in various fixed income capacities with Prudential Securities in New York. McDonnell has a bachelor’s degree in finance from Boston College, and he is a member of the CFA Society of Philadelphia.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 27.67 5.97 0.75