Delaware Ivy Corporate Bond Fund Class B
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-3.9%
3 Yr Avg Return
5.1%
5 Yr Avg Return
2.5%
Net Assets
$790 M
Holdings in Top 10
13.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.65%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 72.00%
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
IBJBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 4.2%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.69%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDelaware Ivy Corporate Bond Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateSep 09, 1999
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
Delaware Ivy Corporate Bond Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in corporate bonds (also referred to as corporate “debt securities” or “fixed-income securities”). For this purpose, “corporate bonds” includes any debt security issued by a domestic or foreign company with an initial maturity greater than one year. The Fund invests primarily in investment-grade debt securities (including bonds rated BBB- or higher by S&P Global Ratings, a division of S&P Global, Inc. (S&P), or comparably rated by another nationally recognized statistical rating organization (NRSRO) or, if unrated, determined by the Manager to be of comparable quality). The Fund has no limitations regarding the duration or dollar-weighted average of its holdings, may invest in debt securities with varying maturities and can invest in debt securities issued by both domestic and foreign companies, in a variety of sectors and industries. The Fund may invest significantly in debt securities payable from the same sector.
In selecting debt securities for the Fund, the Manager looks at a number of factors, including both a top-down (assessing the market environment) and a bottom-up (researching individual issuers) analysis. The top-down analysis looks at broad economic and financial trends in an effort to anticipate their impact on the fixed-income market and seeks to identify certain criteria that contribute to the overall target portfolio characteristics such as duration, spread, ratings and liquidity. The bottom-up analysis seeks to identify securities that the Manager believes have favorable risk/reward characteristics and targets those securities for overweight positioning. From the sector level, the Manager identifies companies that have positive attributes and considers the issuer’s past, present and estimated future: financial strength, cash flow, management, borrowing requirements, balance sheet policy and relative safety. Additional factors considered include leverage, interest coverage, revenue and margin stability, competition and industry trends, as well as relative value and liquidity.
Generally, in determining whether to sell a security, the Manager uses the same type of analysis that it uses in buying securities. For example, the Manager may sell a holding if, in the Manager’s opinion, the issuer’s financial strength weakens and/or the yield and relative safety of the security decline. 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 seek investment advice and recommendations from its affiliates: Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), Macquarie Investment Management Europe Limited (MIMEL), and Macquarie Investment Management Global Limited (MIMGL) (together, the “Affiliated Sub-Advisors”). The Manager may also permit these Affiliated Sub-Advisors to execute Fund security trades on behalf of the Manager and exercise investment discretion for securities in certain markets where the Manager believes it will be beneficial to utilize an Affiliated Sub-Advisor’s specialized market knowledge.
IBJBX - Performance
Return Ranking - Trailing
Period | IBJBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -39.5% | 150.1% | 40.51% |
1 Yr | -3.9% | -22.6% | 149.5% | 35.80% |
3 Yr | 5.1%* | -11.4% | 36.1% | 23.05% |
5 Yr | 2.5%* | -10.0% | 21.3% | 15.15% |
10 Yr | 1.8%* | -2.5% | 9.5% | 15.31% |
* Annualized
Return Ranking - Calendar
Period | IBJBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.5% | -27.3% | 7.5% | 64.01% |
2022 | 2.9% | -15.7% | 31.5% | 52.30% |
2021 | 8.9% | -13.0% | 34.5% | 1.59% |
2020 | -4.5% | -52.0% | 4.7% | 97.62% |
2019 | N/A | -0.7% | 13.4% | N/A |
Total Return Ranking - Trailing
Period | IBJBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -39.5% | 150.1% | 39.49% |
1 Yr | -8.5% | -22.6% | 149.5% | 37.12% |
3 Yr | 4.2%* | -11.4% | 36.1% | 27.53% |
5 Yr | 2.2%* | -10.0% | 21.3% | 25.44% |
10 Yr | 1.8%* | -2.5% | 9.8% | 16.33% |
* Annualized
Total Return Ranking - Calendar
Period | IBJBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.5% | -27.3% | 7.5% | 64.01% |
2022 | 2.9% | -15.7% | 31.5% | 52.30% |
2021 | 8.9% | -13.0% | 34.5% | 1.20% |
2020 | -3.5% | -14.8% | 4.7% | 97.14% |
2019 | N/A | -0.7% | 13.4% | N/A |
NAV & Total Return History
IBJBX - Holdings
Concentration Analysis
IBJBX | Category Low | Category High | IBJBX % Rank | |
---|---|---|---|---|
Net Assets | 790 M | 6.52 M | 44.4 B | 42.54% |
Number of Holdings | 316 | 2 | 9191 | 44.44% |
Net Assets in Top 10 | 48.6 M | -29.6 M | 3.34 B | 35.09% |
Weighting of Top 10 | 13.88% | 1.8% | 100.0% | 65.98% |
Top 10 Holdings
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
- 10 Year Treasury Note Future Dec 21 3.87%
Asset Allocation
Weighting | Return Low | Return High | IBJBX % Rank | |
---|---|---|---|---|
Bonds | 97.45% | 15.65% | 141.47% | 37.43% |
Cash | 1.80% | -49.09% | 54.19% | 31.58% |
Convertible Bonds | 0.75% | 0.00% | 78.47% | 64.04% |
Stocks | 0.00% | 0.00% | 5.27% | 7.89% |
Preferred Stocks | 0.00% | 0.00% | 9.18% | 19.30% |
Other | 0.00% | -38.92% | 3.98% | 2.05% |
Bond Sector Breakdown
Weighting | Return Low | Return High | IBJBX % Rank | |
---|---|---|---|---|
Corporate | 87.26% | 41.80% | 100.00% | 71.35% |
Government | 5.39% | 0.00% | 25.63% | 28.95% |
Securitized | 3.93% | 0.00% | 23.18% | 12.87% |
Cash & Equivalents | 1.74% | 0.00% | 54.19% | 36.84% |
Municipal | 1.69% | 0.00% | 3.62% | 2.05% |
Derivative | 0.00% | 0.00% | 27.02% | 13.16% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | IBJBX % Rank | |
---|---|---|---|---|
US | 86.68% | 0.00% | 122.90% | 26.02% |
Non US | 10.77% | 0.00% | 47.05% | 71.35% |
IBJBX - Expenses
Operational Fees
IBJBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.65% | 0.03% | 3.62% | 0.60% |
Management Fee | 0.48% | 0.00% | 1.35% | 77.29% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 79.38% |
Administrative Fee | N/A | 0.02% | 0.45% | N/A |
Sales Fees
IBJBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 4.75% | N/A |
Deferred Load | 5.00% | 1.00% | 5.50% | 7.41% |
Trading Fees
IBJBX 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.
IBJBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 72.00% | 0.00% | 259.00% | 52.36% |
IBJBX - Distributions
Dividend Yield Analysis
IBJBX | Category Low | Category High | IBJBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 25.68% | 80.41% |
Dividend Distribution Analysis
IBJBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
IBJBX | Category Low | Category High | IBJBX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.69% | -0.69% | 7.58% | 100.00% |
Capital Gain Distribution Analysis
IBJBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 12, 2020 | $0.001 | OrdinaryDividend |
Oct 15, 2020 | $0.002 | OrdinaryDividend |
Sep 10, 2020 | $0.001 | OrdinaryDividend |
Aug 13, 2020 | $0.001 | OrdinaryDividend |
Jul 16, 2020 | $0.001 | OrdinaryDividend |
Jun 11, 2020 | $0.002 | OrdinaryDividend |
May 14, 2020 | $0.003 | OrdinaryDividend |
Apr 16, 2020 | $0.003 | OrdinaryDividend |
Dec 12, 2019 | $0.035 | OrdinaryDividend |
Nov 14, 2019 | $0.002 | OrdinaryDividend |
Oct 10, 2019 | $0.004 | OrdinaryDividend |
Sep 12, 2019 | $0.003 | OrdinaryDividend |
Aug 15, 2019 | $0.003 | OrdinaryDividend |
Jul 11, 2019 | $0.003 | OrdinaryDividend |
Jun 13, 2019 | $0.001 | OrdinaryDividend |
Apr 11, 2019 | $0.005 | OrdinaryDividend |
Mar 14, 2019 | $0.004 | OrdinaryDividend |
Dec 13, 2018 | $0.034 | OrdinaryDividend |
Nov 15, 2018 | $0.003 | OrdinaryDividend |
Sep 13, 2018 | $0.009 | OrdinaryDividend |
Aug 16, 2018 | $0.014 | OrdinaryDividend |
Feb 15, 2018 | $0.002 | OrdinaryDividend |
Dec 14, 2017 | $0.021 | OrdinaryDividend |
Nov 16, 2017 | $0.002 | OrdinaryDividend |