DPZRX: Delaware Diversified Income Fund - MutualFunds.com

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DPZRX - Snapshot

Vitals

  • YTD Return 5.4%
  • 3 Yr Annualized Return 5.8%
  • 5 Yr Annualized Return 4.9%
  • Net Assets $3.71 B
  • Holdings in Top 10 23.0%

52 WEEK LOW AND HIGH

$9.28
$8.19
$9.40

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.54%

SALES FEES

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

BROKERAGE FEES

  • Turnover 167.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare DPZRX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$87.83

+0.15%

$291.23 B

2.60%

$2.28

4.98%

0.04%

$11.57

+0.17%

$291.23 B

2.53%

$0.29

4.71%

0.15%

$11.49

+0.17%

$202.43 B

2.62%

$0.30

4.36%

0.09%

$11.60

+0.17%

$89.35 B

2.40%

$0.28

6.03%

0.67%

$117.63

+0.14%

$80.80 B

2.58%

$3.04

4.92%

0.05%

DPZRX - Profile

Distributions

  • YTD Total Return 5.4%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Delaware Diversified Income Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    May 02, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    J. Hillmeyer

Fund Description

The fund invests in the following four sectors of the fixed income securities markets: the U.S. investment grade sector, the U.S. high yield sector, the international developed markets sector, and the emerging markets sector. It normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities. The fund's investments in emerging markets will, in the aggregate, be limited to no more than 20% of the fund's net assets.


DPZRX - Performance

Return Ranking - Trailing

Period DPZRX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% -11.8% 946.6% 26.74%
1 Yr 8.3% -4.3% 17.5% 13.18%
3 Yr 5.8%* 0.9% 8.4% 10.93%
5 Yr 4.9%* 0.8% 8.2% 14.12%
10 Yr 4.1%* 1.3% 7.7% 31.50%

* Annualized

Return Ranking - Calendar

Period DPZRX Return Category Return Low Category Return High Rank in Category (%)
2019 7.0% -1.7% 13.9% 9.36%
2018 -5.8% -10.3% 2.7% 96.64%
2017 1.5% -49.5% 8.1% 38.44%
2016 N/A -49.3% 192.8% N/A
2015 N/A -12.2% 0.2% N/A

Total Return Ranking - Trailing

Period DPZRX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% -11.8% 948.6% 26.65%
1 Yr 8.3% -8.3% 17.5% 11.70%
3 Yr 5.8%* 0.2% 8.4% 10.47%
5 Yr 4.9%* 0.5% 8.2% 12.30%
10 Yr 4.1%* 1.3% 7.7% 29.53%

* Annualized

Total Return Ranking - Calendar

Period DPZRX Return Category Return Low Category Return High Rank in Category (%)
2019 7.0% -1.7% 13.9% 11.06%
2018 -5.8% -10.3% 3.9% 96.75%
2017 1.5% -6.0% 8.4% 50.87%
2016 N/A -22.1% 204.3% N/A
2015 N/A -12.2% 3.7% N/A

NAV & Total Return History


DPZRX - Holdings

Concentration Analysis

DPZRX Category Low Category High DPZRX % Rank
Net Assets 3.71 B 3.15 M 291 B 28.93%
Number of Holdings 932 1 18357 37.47%
Net Assets in Top 10 658 M -1.18 B 39.4 B 31.54%
Weighting of Top 10 22.99% 2.9% 100.0% 54.36%

Top 10 Holdings

  1. 10 Year Treasury Note Future Sept 20 6.48%
  2. 10 Year Treasury Note Future Sept 20 6.48%
  3. 10 Year Treasury Note Future Sept 20 6.48%
  4. 10 Year Treasury Note Future Sept 20 6.48%
  5. 10 Year Treasury Note Future Sept 20 6.48%
  6. 10 Year Treasury Note Future Sept 20 6.48%
  7. 10 Year Treasury Note Future Sept 20 6.48%
  8. 10 Year Treasury Note Future Sept 20 6.48%
  9. 10 Year Treasury Note Future Sept 20 6.48%
  10. 10 Year Treasury Note Future Sept 20 6.48%

Asset Allocation

Weighting Return Low Return High DPZRX % Rank
Bonds
98.05% -57.43% 231.55% 25.58%
Convertible Bonds
1.93% 0.00% 11.80% 21.92%
Other
0.13% -11.86% 7.38% 7.59%
Stocks
0.00% -2.10% 10.27% 50.23%
Preferred Stocks
0.00% 0.00% 80.56% 60.31%
Cash
-0.11% -139.87% 163.89% 80.94%

Bond Sector Breakdown

Weighting Return Low Return High DPZRX % Rank
Corporate
49.51% 0.00% 88.42% 17.39%
Securitized
24.97% 0.00% 98.79% 70.03%
Government
20.72% 0.00% 80.09% 50.05%
Cash & Equivalents
4.66% 0.00% 92.47% 56.80%
Municipal
0.13% 0.00% 80.09% 64.48%
Derivative
0.00% 0.00% 23.62% 58.46%

Bond Geographic Breakdown

Weighting Return Low Return High DPZRX % Rank
US
71.50% -57.66% 239.68% 91.40%
Non US
26.55% -140.55% 76.80% 5.27%

DPZRX - Expenses

Operational Fees

DPZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% 0.01% 21.33% 71.07%
Management Fee 0.46% 0.00% 0.85% 78.64%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

DPZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

DPZRX 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.

DPZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 167.00% 3.00% 489.00% 67.17%

DPZRX - Distributions

Dividend Yield Analysis

DPZRX Category Low Category High DPZRX % Rank
Dividend Yield 0.00% 0.00% 4.08% 42.57%

Dividend Distribution Analysis

DPZRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DPZRX Category Low Category High DPZRX % Rank
Net Income Ratio 3.50% -0.35% 11.28% 3.82%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

DPZRX - Fund Manager Analysis

Managers

J. Hillmeyer


Start Date

Tenure

Tenure Rank

Feb 28, 2011

9.59

9.6%

J. David Hillmeyer is head of multisector/global fixed income in the Americas. He is co-portfolio manager for the fixed rate diversified multisector, core plus, and investment grade corporate bond strategies. Prior to joining Delaware Investments in August 2007 as a vice president and corporate bond trader, he worked for more than 11 years in various roles at Hartford Investment Management Company, including senior corporate bond trader, high yield portfolio manager / trader, and quantitative analyst. He began his career as an investment advisor in January 1989 at Shawmut Bank, leaving the firm as an investment officer in November 1995. Hillmeyer earned his bachelor’s degree from Colorado State University, and he is a member of the CFA Society of Philadelphia and the Philadelphia Council for Business Economics.

Daniela Mardarovici


Start Date

Tenure

Tenure Rank

Mar 19, 2019

1.54

1.5%

Ms. Mardarovici joined Macquarie Investment Management (MIM) in March 2019 as Senior Vice President and co-head of the firm’s multisector and core plus strategies. Prior to joining the firm, she spent more than 13 years at BMO Global Asset Management as a senior portfolio manager. Since 2014, she was a member of the management committee of TCH, BMO’s US fixed income group, and helped lead business strategy and development efforts. Mardarovici was also responsible for driving investment strategy and managing institutional portfolios and mutual funds across a wide spectrum of strategies,

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.76 6.86 1.25